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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Benefit Street Partners CLO Ltd</name>
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        <name>Fannie Mae</name>
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        <name>Northrop Grumman Corp</name>
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        <name>Ubs Commercial Mortgage Trust</name>
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        <name>Tenet Healthcare Corp</name>
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        <name>Gray Media Inc</name>
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        <name>Carlyle Global Market Strategies</name>
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        <name>Banco Mercantil De Norte</name>
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        <name>Op Servicios Mega</name>
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        <name>Republic Of Guatemala</name>
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        <name>Kodiak Gas Services Llc</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Fanniemae-aces</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Veralto Corp</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Residential Accredit Loans, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Enterprise Products Oper</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Freddie Mac</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Fannie Mae</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Freddie Mac</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Voya Clo Ltd</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Chord Energy Corp</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Chile Electricity Lux</name>
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        <name>Fannie Mae</name>
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        <name>Government National Mortgage Association</name>
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        <name>Saudi International Bond</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Fannie Mae</name>
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        <name>Fs Rialto Issuer Ltd</name>
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        <fairValLevel>2</fairValLevel>
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        <name>American Axle &amp; Mfg Inc</name>
        <lei>RY5TAKFOBLDUGX31MS24</lei>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
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        <curCd>USD</curCd>
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        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Uniti Services Llc</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Apollo Aviation Securitization Equity Trust</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Social Professional Loan Program Llc</name>
        <lei>N/A</lei>
        <title>Sofi Professional Loan Program Trust</title>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Xylem Inc</name>
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        <title>Xylem, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.20000000</annualizedRt>
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      <invstOrSec>
        <name>Us Treasury N/b</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>U.S. Treasury Bond</title>
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          <isin value="US912810UC08"/>
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        <curCd>USD</curCd>
        <valUSD>19288968.70000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Federal National Mortgage Association REMICS</title>
        <cusip>31398GZX0</cusip>
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          <isin value="US31398GZX05"/>
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        <balance>39659.04000000</balance>
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        <curCd>USD</curCd>
        <valUSD>735.59000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-02-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.68552000</annualizedRt>
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      <invstOrSec>
        <name>Citigroup Inc</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>Citigroup, Inc.</title>
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          <isin value="US17327CBC64"/>
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        <balance>97000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>99393.28000000</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>9999-12-31</maturityDt>
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          <annualizedRt>2.89000000</annualizedRt>
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      <invstOrSec>
        <name>Citigroup Inc</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>Citigroup, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Virginia Elec &amp; Power Co</name>
        <lei>CQKUMNNZVDJLRYV2PT43</lei>
        <title>Virginia Electric and Power Co.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Autozone Inc</name>
        <lei>GA3JGKJ41LJKXDN23E90</lei>
        <title>AutoZone, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Ccl Industries Inc</name>
        <lei>549300TD3EMSRRC0YH75</lei>
        <title>CCL Industries, Inc.</title>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>3.05000000</annualizedRt>
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        <name>Verus Securitization Trust</name>
        <lei>213800Y85D9QDDY8I603</lei>
        <title>Verus Securitization Trust 2026-5</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Harvest Midstream I Lp</name>
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        <title>Harvest Midstream I LP</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Viking Cruises Ltd</name>
        <lei>549300IJP90T4MV2GL84</lei>
        <title>Viking Cruises, Ltd.</title>
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        <invCountry>BM</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Citigroup Inc</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>Citigroup, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Teva Pharm Fin Co Llc</name>
        <lei>5493006PITD7MU7WW480</lei>
        <title>Teva Pharmaceutical Finance Co. LLC</title>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <annualizedRt>6.15000000</annualizedRt>
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        <name>Entergy Corp</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Us Treasury N/b</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>(sunnova) Aurora I Issuer, Llc</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Oaktree Specialty Lend</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Ypf Sociedad Anonima</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Republic Of Colombia</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Tif Funding Ii Llc</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Freddie Mac</name>
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        <issuerCat>USGSE</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Ctr Partnership/caretrst</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Cloud Software Grp Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Union Pacific Corp</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Royal Caribbean Cruises</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Jp Morgan Reremic</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Crown Point Clo Ltd</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Freddie Mac</name>
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        <name>Western Asset Inflation-linked Opportunities &amp; Income Fund</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Washington Mutual Mortgage Pass-through Ctfs</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Merrill Lynch Mortgage Investors Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Morgan Stanley Mortgage Loan Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Us Treasury N/b</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Bxmt Ltd</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Freddie Mac</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Government National Mortgage Association</name>
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        <title>Government National Mortgage Association</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Ubs Commercial Mortgage Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Aercap Ireland Cap/globa</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Pseg Power Llc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Alliant Hold / Co-issuer</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Discovery Holdings Inc</name>
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        <name>Dealer Tire Llc/dt Issr</name>
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        <name>Csx Corp</name>
        <lei>549300JVQR4N1MMP3Q88</lei>
        <title>CSX Corp.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Radiology Partners Inc</name>
        <lei>549300SFTAG2177WUZ08</lei>
        <title>Radiology Partners, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Benchmark Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Benchmark 2024-V9 Mortgage Trust</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Prp Advisors, Llc</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Affirm Inc</name>
        <lei>N/A</lei>
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          <isin value="US00835DAD49"/>
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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</title>
        <cusip>81744MAM4</cusip>
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          <isin value="US81744MAM47"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-07-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.01500000</annualizedRt>
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      <invstOrSec>
        <name>Wells Fargo Commercial Mortgage Trust</name>
        <lei>549300JPCJUA5JJLRW54</lei>
        <title>Wells Fargo Commercial Mortgage Trust</title>
        <cusip>95000LAJ2</cusip>
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          <isin value="US95000LAJ26"/>
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        <balance>250985.84000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Citimortgage Alternative Loan Trust</name>
        <lei>N/A</lei>
        <title>CitiMortgage Alternative Loan Trust</title>
        <cusip>12566QAJ2</cusip>
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          <isin value="US12566QAJ22"/>
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        <balance>46710.54900000</balance>
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        <fairValLevel>2</fairValLevel>
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        <name>Tsy Infl Ix N/b</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Inflation Indexed Bonds</title>
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          <isin value="US91282CEJ62"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Las Vegas Sands Corp</name>
        <lei>549300DUOO1KXOHPM605</lei>
        <title>Las Vegas Sands Corp.</title>
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          <isin value="US517834AS60"/>
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        <balance>105000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Gs Mortgage-backed Securities Trust</name>
        <lei>254900X1ABPQ6D4G6D07</lei>
        <title>GS Mortgage-Backed Securities Corp. Trust 2025-NQM6</title>
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        <balance>687000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Benchmark Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Benchmark 2025-V19 Mortgage Trust</title>
        <cusip>08164DAD8</cusip>
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          <isin value="US08164DAD84"/>
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        <balance>244000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>American Express Co</name>
        <lei>R4PP93JZOLY261QX3811</lei>
        <title>American Express Co.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Verus Securitization Trust</name>
        <lei>N/A</lei>
        <title>Verus Securitization Trust 2021-4</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Ellington Financial Mortgage Trust</name>
        <lei>2549005YTE90D77H8V23</lei>
        <title>EFMT 2025-INV1</title>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>Voya Clo Ltd</name>
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        <title>Voya CLO, Ltd.</title>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Avolon Holdings Fndg Ltd</name>
        <lei>635400ZRKEX9L1BKCH30</lei>
        <title>Avolon Holdings Funding, Ltd.</title>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Daimler Truck Finan Na</name>
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        <title>Daimler Truck Finance North America LLC</title>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac Pool</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Federal Home Loan Mortgage Corp. REMICS</title>
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        <balance>430762.60000000</balance>
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        <issuerCat>USGSE</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Dolp Trust</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Digicel Group Holdings</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>BM</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Apidos Clo</name>
        <lei>549300NZQZOTNS7ILQ86</lei>
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          <isin value="US03766HAQ39"/>
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        <curCd>USD</curCd>
        <valUSD>500726.50000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Clydesdale Acquisition</name>
        <lei>254900QKSDYFR3K5YD98</lei>
        <title>Clydesdale Acquisition Holdings, Inc.</title>
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          <isin value="US18972EAD76"/>
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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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      <invstOrSec>
        <name>Starwood Commercial Mortgage Trust</name>
        <lei>N/A</lei>
        <title>STWD 2025-FL4 LLC</title>
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          <isin value="US863922AJ96"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley</title>
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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>
        <debtSec>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>Meridian Arc Holdco Llc</name>
        <lei>N/A</lei>
        <title>Meridian Arc Holdco LLC</title>
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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>
        <debtSec>
          <maturityDt>2031-04-30</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Residential Accredit Loans, Inc.</name>
        <lei>N/A</lei>
        <title>Residential Accredit Loans, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Bank Of Nova Scotia</name>
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        <title>Bank of Nova Scotia</title>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Bcap Llc Trust</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
        <valUSD>25492.67000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Gs Mortgage Securities Trust</name>
        <lei>549300WZ62L3Y22NOZ64</lei>
        <title>GS Mortgage Securities Trust 2018-GS10</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Verus Securitization Trust</name>
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        <title>Verus Securitization Trust 2025-6</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Rfr Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Fannie Mae</name>
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        <title>Federal National Mortgage Association REMICS</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Bx Trust</name>
        <lei>N/A</lei>
        <title>BX Trust 2025-ARIA</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Countrywide Alternative Loan Trust</name>
        <lei>549300NHEJTDVQUV3M53</lei>
        <title>Alternative Loan Trust</title>
        <cusip>02151LAM8</cusip>
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        <balance>2550479.16000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Government National Mortgage Association</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Peru Lng Srl</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Government National Mortgage Association</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Usasf Receivables Llc</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Freddie Mac</name>
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        <name>Benchmark Mortgage Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Molex Electronics Tech</name>
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        <name>Barclays Commercial Mortgage Securities Llc</name>
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        <name>Oak-eagle Acquireco Inc</name>
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        <name>Washington Mutual Mortgage Pass-through Ctfs</name>
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        <name>Marvell Technology Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Freedom Mortgage Hold</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Sabre Glbl Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Government National Mortgage Association</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Freddie Mac</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Fannie Mae</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Jpmbb Commercial Mortgage Securities Trust</name>
        <lei>N/A</lei>
        <title>JP Morgan BB Commercial Mortgage Securities Trust</title>
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        <fairValLevel>2</fairValLevel>
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        <name>People's Choice Home Loan Securities Trust</name>
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        <title>People's Choice Home Loan Securities Trust Series 2005-4</title>
        <cusip>71085PDG5</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Talen Energy Supply Llc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Dominican Republic</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Tsy Infl Ix N/b</name>
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        <title>United States Treasury Inflation Indexed Bonds</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Imperial Fund Llc</name>
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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>Residential Accredit Loans, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Republic Of Poland</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Tsy Infl Ix N/b</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Inflation Indexed Bonds</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Alpha Holding Sa</name>
        <lei>549300R872G37EN6NT94</lei>
        <title>Alpha Holding SA de CV</title>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Government National Mortgage Association</name>
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        <name>Telus Corp</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Velocity Commercial Capital Loan Trust</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Fertitta Entertainment</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Credit Suisse Mortgage Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>National Fuel Gas Co</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Wachovia Mortgage Loan Trust, Llc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Wand Newco 3 Inc</name>
        <lei>549300Y3VZEWMSQW8494</lei>
        <title>Wand NewCo 3, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Fmc Gmsr Issuer Trust</name>
        <lei>N/A</lei>
        <title>FMC GMSR Issuer Trust</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Federal National Mortgage Association Pool</title>
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          <isin value="US3138A54X70"/>
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        <issuerCat>USGSE</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Octagon Investment Partners 42, Ltd.</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Transdigm Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Chicago Board of Trade</name>
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        <name>Barclays Commercial Mortgage Securities Llc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <name>Gnl Quintero Sa</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Apollo Aviation Securitization Equity Trust</name>
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        <title>AASET 2025-1</title>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Fannie Mae</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Evergy Kansas Central</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Bear Stearns Asset Backed Securities Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>American Tower Corp</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Government National Mortgage Association</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Freddie Mac</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Velocity Commercial Capital Loan Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Jbs Nv/usa Foods/food Co</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Government National Mortgage Association</name>
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        <name>FORD MOTOR CREDIT COMPANY LLC</name>
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        <name>Credit Suisse Mortgage Trust</name>
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        <name>Bx Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Expand Energy Corp</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Fannie Mae</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Progress Residential Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Aep Texas Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Castlelake Aircraft Securitization Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Fannie Mae</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Republic Of Peru</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Nrg Energy Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Charles Schwab Corp</name>
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        <name>Pimco Income Strategy Fund Ii</name>
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        <name>Bausch + Lomb Corp</name>
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        <name>Government National Mortgage Association</name>
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        <name>Fannie Mae - Cas</name>
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        <name>Element Fleet Management</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Enbridge Inc</name>
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        <title>Enbridge, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Fannie Mae</name>
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        <name>Freddie Mac</name>
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        <name>Unigel Luxembourg Sa</name>
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        <name>Freddie Mac</name>
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        <name>Sofi Alternative Trust Consumer Loan Program 2021-2</name>
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        <name>Burlingtn North Santa Fe</name>
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        <name>Residential Accredit Loans, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Rivers Ent Borrower Llc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Renesas Electronics Corp</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Government National Mortgage Association</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Marriott International</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Matador Resources Co</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Countrywide Alternative Loan Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Gs Mortgage Securities Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Us Treasury N/b</name>
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        <fairValLevel>2</fairValLevel>
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        <name>1345 Trust</name>
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        <name>Bsprt Issuer, Ltd.</name>
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        <name>Kennedy Lewis Clo Ltd</name>
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        <name>Nisource Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Canadian Imperial Bank</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Lcm Ltd Partnership</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Liberty Street Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Bank</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Jsw Infrastructure</name>
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        <fairValLevel>2</fairValLevel>
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        <name>J.p. Morgan Alternative Loan Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Glencore Funding Llc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Barclays Commercial Mortgage Securities Llc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Freddie Mac</name>
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        <fairValLevel>2</fairValLevel>
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        <name>First Trust High Yield Opportunities 2027 Term Fund</name>
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        <name>Fannie Mae</name>
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        <title>Federal National Mortgage Association REMICS</title>
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        <name>Morgan Stanley</name>
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        <title>Morgan Stanley</title>
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        <name>Viper Energy Partners Ll</name>
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        <name>Cco Hldgs Llc/cap Corp</name>
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        <name>Pr Mortgage Loan Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Textainer Marine Containers Limited</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Fannie Mae</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Dish Dbs Corp</name>
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        <name>Countrywide Home Loans</name>
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        <name>Verus Securitization Trust</name>
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        <name>Bank5</name>
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        <name>Fannie Mae - Cas</name>
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        <name>Mosaic Solar Loans Llc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Fannie Mae</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Fannie Mae</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Velocity Commercial Capital Loan Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Enel Finance Intl Nv</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Garda World Security</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Citimortgage Alternative Loan Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Banco Nac De Mexico Sa</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Pbf Holding Co Llc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Stingray Compute</name>
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        <name>Government National Mortgage Association</name>
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        <name>Cantor Commercial Real Estate Lending</name>
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        <name>Fannie Mae</name>
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        <name>Hilton Usa Trust</name>
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        <name>Goat Holdco Llc</name>
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        <name>Countrywide Alternative Loan Trust</name>
        <lei>N/A</lei>
        <title>Alternative Loan Trust</title>
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        <name>Comm Mortgage Trust</name>
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        <name>Ubs Commercial Mortgage Trust</name>
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      <invstOrSec>
        <name>Starwood Commercial Mortgage Trust</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Bank Of Ny Mellon Corp</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Canyon Capital Clo Ltd</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Abbvie Inc</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Triton Container/tal Int</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Benchmark Mortgage Trust</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Fannie Mae</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Carlyle Global Market Strategies</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Wells Fargo Commercial Mortgage Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Nexstar Media Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Frtkl</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Chile Elec Pec Spa</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Discovery Holdings Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Hilton Domestic Operatin</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac Pool</title>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Dcli Bidco Llc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Bank Of Ireland Group</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Bain Capital Credit Clo, Limited</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Government National Mortgage Association</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Benchmark Mortgage Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Nationwide Bldg Society</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Captree Park Clo Ltd</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Nj Trust 2023-gsp</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Chs/community Health Sys</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Government National Mortgage Association</name>
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        <name>Ellington Financial Mortgage Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Incref Llc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Fannie Mae</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Benchmark Mortgage Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Government National Mortgage Association</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
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        <title>Government National Mortgage Association</title>
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        <fairValLevel>2</fairValLevel>
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        <name>J&amp;f Luxembourg Finance</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Wayfair Llc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Cipher Compute Llc</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Freddie Mac</name>
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        <title>Freddie Mac REMICS</title>
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        <issuerCat>USGSE</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Allegiant Travel Co</name>
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        <title>Allegiant Travel Co.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Lmrk Issuer Co. Llc</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Wells Fargo Alternative Loan Trust</name>
        <lei>N/A</lei>
        <title>Wells Fargo Alternative Loan Trust</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Bx Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Federal Home Loan Mortgage Corp. REMICS</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Medline Borrower Lp</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Federal Home Loan Mortgage Corp. REMICS</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Azorra Finance</name>
        <lei>254900MC1HXDAVUUP395</lei>
        <title>Azorra Finance, Ltd.</title>
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        <invCountry>KY</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Transcanada Pipelines</name>
        <lei>5BV01I6231JPDAPMGH09</lei>
        <title>TransCanada PipeLines, Ltd.</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Cco Hldgs Llc/cap Corp</name>
        <lei>N/A</lei>
        <title>CCO Holdings LLC / CCO Holdings Capital Corp.</title>
        <cusip>1248EPCQ4</cusip>
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        <balance>75000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Fannie Mae</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Fondo Mivivienda Sa</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Csail Commercial Mortgage Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Cloud Software Grp Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Alpha Holding Sa</name>
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        <name>Acushnet Co</name>
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        <name>Barclays Commercial Mortgage Securities Llc</name>
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        <name>Qts Fayettev I Dc1-2/trs</name>
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        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Ginnie Mae II Pool</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Wind River Clo Ltd</name>
        <lei>N/A</lei>
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        <invCountry>KY</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Rivers Enterprise</name>
        <lei>N/A</lei>
        <title>Rivers Enterprise Borrower LLC / Rivers Enterprise Finance Corp.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Bmo Mortgage Trust</name>
        <lei>N/A</lei>
        <title>BMO 2023-C6 MORTGAGE TRUST</title>
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          <isin value="US055985AF22"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-01-15</maturityDt>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Federal National Mortgage Association REMICS</title>
        <cusip>31398TKW0</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Columbus Mckinnon Corp</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Federal National Mortgage Association REMICS</title>
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        <fairValLevel>2</fairValLevel>
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        <name>N/A</name>
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        <title>Unigel HoldCo Depositary Receipt</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Southern Co</name>
        <lei>549300FC3G3YU2FBZD92</lei>
        <title>Southern Co.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Benchmark Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Benchmark 2024-V11 Mortgage Trust</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Tallgrass Nrg Prtnr/fin</name>
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        <title>Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Verus Securitization Trust</name>
        <lei>N/A</lei>
        <title>Verus Securitization Trust 2021-7</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Altice France Sa</name>
        <lei>5493001ZMCICV4N02J21</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Fmc Gmsr Issuer Trust</name>
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        <title>FMC GMSR Issuer Trust</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Gs Mortgage Securities Trust</name>
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        <title>GS Mortgage Securities Trust 2019-GC38</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Federal National Mortgage Association REMICS</title>
        <cusip>31396WHG4</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Chase Mortgage Finance Corporation</name>
        <lei>N/A</lei>
        <title>Chase Mortgage Finance Trust</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Element Fleet Management</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Freddie Mac</name>
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        <name>Duke Energy Corp</name>
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        <name>Pt Pertamina (persero)</name>
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        <name>Bstn Commercial Mortgage Trust</name>
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        <name>Blue Owl Technology Fina</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Fannie Mae</name>
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        <name>Benchmark Mortgage Trust</name>
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        <name>Generadora De Gatun Sa</name>
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        <name>Fannie Mae</name>
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        <name>Freddie Mac</name>
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        <name>Textron Inc</name>
        <lei>3PPKBHUG1HD6BO7RNR87</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Databank Issuer Ii, Llc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Medline Borrower/medl Co</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Carlyle Global Market Strategies</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Agrosuper Sa</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Aaset 2021-2 Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Freddie Mac</name>
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        <name>Nyc Commercial Mortgage Trust</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Benchmark 2024-v8 Mortgage Trust</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Madison Avenue Trust</name>
        <lei>N/A</lei>
        <title>MAD Commercial Mortgage Trust 2025-11MD</title>
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          <isin value="US55616AAG22"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Western Midstream Operat</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Academy Ltd</name>
        <lei>549300BN53IR80C35Z14</lei>
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          <isin value="US00401YAB65"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Gs Mortgage Securities Trust</name>
        <lei>N/A</lei>
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          <isin value="US36255WAJ45"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Blue Owl Credit Income</name>
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        <title>Blue Owl Credit Income Corp.</title>
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        <balance>2000000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Ellington Financial Mortgage Trust</name>
        <lei>254900ZO1GLQXE3JWX68</lei>
        <title>EFMT 2025-INV2</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Octagon Investment Partners 40, Ltd.</name>
        <lei>N/A</lei>
        <title>Octagon Investment Partners 40, Ltd.</title>
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        <invCountry>KY</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Sound Point Clo Ltd</name>
        <lei>N/A</lei>
        <title>Sound Point CLO XXIII</title>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Tallgrass Nrg Prtnr/fin</name>
        <lei>N/A</lei>
        <title>Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Residential Accredit Loans, Inc.</name>
        <lei>N/A</lei>
        <title>Residential Accredit Loans, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Sound Point Clo Ltd</name>
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        <title>Sound Point CLO XVIII, Ltd.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Freddie Mac</name>
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        <title>Federal Home Loan Mortgage Corp. REMICS</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Bx Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Bx Trust</name>
        <lei>N/A</lei>
        <title>BX Commercial Mortgage Trust 2026-CSMO</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Arizona Public Service</name>
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        <title>Arizona Public Service Co.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Ge Vernova Inc</name>
        <lei>254900DP080RU6OK2553</lei>
        <title>GE Vernova, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
        <cusip>38377V2C9</cusip>
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        <balance>377450.65000000</balance>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Fannie Mae</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Discovery Holdings Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Residential Accredit Loans, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Willis Engine Securitization Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Sm Energy Co</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Us Treasury N/b</name>
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        <name>Government National Mortgage Association</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New Residential Mortgage Loan Trust</name>
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        <name>Vital Care Issuer Llc</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Jsw Hydro Energy Ltd</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Pnc Financial Services</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Government National Mortgage Association</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Laurel Road Prime Student Loan Trust</name>
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        <name>Nyc Commercial Mortgage Trust</name>
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        <name>Barclays Commercial Mortgage Securities Llc</name>
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        <name>Barclays Commercial Mortgage Securities Llc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Standard Building Soluti</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Blackrock Tcp Cap Corp</name>
        <lei>549300JU1XG1HF56J989</lei>
        <title>BlackRock TCP Capital Corp.</title>
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        <name>Nabors Industries Inc</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Residential Accredit Loans, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Countrywide Home Loans</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Colonial Enterprises Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>National Fuel Gas Co</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Empower Clo Ltd.</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Credit Suisse Mortgage Trust</name>
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        <title>CSMC 2021-B33</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Mf1</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Residential Accredit Loans, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Jpmbb Commercial Mortgage Securities Trust</name>
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        <title>JP Morgan BB Commercial Mortgage Securities Trust</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Transelec Sa</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Newell Brands Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Novelis Corp</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Freddie Mac</name>
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        <title>Freddie Mac Pool</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Whirlpool Corp</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Bx Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Compass Datacenters Issuer Ii, Llc</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>First Horizon Alternative Mortgage Securities</name>
        <lei>N/A</lei>
        <title>First Horizon Alternative Mortgage Securities Trust</title>
        <cusip>32051GTG0</cusip>
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          <isin value="US32051GTG00"/>
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        <balance>29846.29000000</balance>
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        <curCd>USD</curCd>
        <valUSD>14154.52000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-09-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Fremf Mortgage Trust</name>
        <lei>N/A</lei>
        <title>FREMF 2019-KF71 Mortgage Trust</title>
        <cusip>30314GAC6</cusip>
        <identifiers>
          <isin value="US30314GAC69"/>
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        <balance>1056199.92000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1025142.15000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-25</maturityDt>
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          <annualizedRt>6.11448000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Nisource Inc</name>
        <lei>549300D8GOWWH0SJB189</lei>
        <title>NiSource, Inc.</title>
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          <isin value="US65473PAU93"/>
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        <balance>150000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>148846.52000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.85000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Federal National Mortgage Association REMICS</title>
        <cusip>31398GRQ4</cusip>
        <identifiers>
          <isin value="US31398GRQ46"/>
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        <balance>78964.64000000</balance>
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        <curCd>USD</curCd>
        <valUSD>79128.60000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-01-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
        <cusip>38381RDX4</cusip>
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          <isin value="US38381RDX44"/>
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        <balance>7538765.06000000</balance>
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        <curCd>USD</curCd>
        <valUSD>548668.31000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-02-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.48552000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Fed Republic Of Brazil</name>
        <lei>254900ZFY40OYEADAP90</lei>
        <title>Brazilian Government International Bond</title>
        <cusip>105756CB4</cusip>
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          <isin value="US105756CB40"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>148400.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-01-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Virtus Cvt &amp; Income Fund</name>
        <lei>549300WT3ICVH2Z06O49</lei>
        <title>Virtus Convertible &amp; Income Fund</title>
        <cusip>92838X706</cusip>
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          <isin value="US92838X7066"/>
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        <balance>161628.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3342467.04000000</valUSD>
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        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Wind River Clo Ltd</name>
        <lei>N/A</lei>
        <title>Wind River 2021-2 CLO, Ltd.</title>
        <cusip>97315YAA9</cusip>
        <identifiers>
          <isin value="US97315YAA91"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>443384.20000000</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>6.69161000</annualizedRt>
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      <invstOrSec>
        <name>Credit Suisse First Boston Mortgage Securities</name>
        <lei>N/A</lei>
        <title>Credit Suisse First Boston Mortgage Securities Corp.</title>
        <cusip>2254582G2</cusip>
        <identifiers>
          <isin value="US2254582G23"/>
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        <balance>12544.77500000</balance>
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        <curCd>USD</curCd>
        <valUSD>6602.18000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-08-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Ubs-barclays Commercial Mortgage Trust</name>
        <lei>N/A</lei>
        <title>UBS-Barclays Commercial Mortgage Trust 2013-C5</title>
        <cusip>90270YAL3</cusip>
        <identifiers>
          <isin value="US90270YAL39"/>
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        <balance>315000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>293920.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-03-10</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.84400000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Par Petroleum Llc</name>
        <lei>984500CCF05C2FB39F45</lei>
        <title>Par Petroleum LLC</title>
        <cusip>70178JAB3</cusip>
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          <isin value="US70178JAB35"/>
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        <balance>40000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>40501.56000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.37500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Federal Home Loan Mortgage Corp. REMICS</title>
        <cusip>31398JHZ9</cusip>
        <identifiers>
          <isin value="US31398JHZ93"/>
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        <balance>165262.57000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7863.36000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-11-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.28552000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Bank5</name>
        <lei>N/A</lei>
        <title>BANK5 2026-5YR20</title>
        <cusip>06650JBJ6</cusip>
        <identifiers>
          <isin value="US06650JBJ60"/>
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        <balance>745000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>630474.95000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Federal National Mortgage Association REMICS</title>
        <cusip>31398TXF3</cusip>
        <identifiers>
          <isin value="US31398TXF38"/>
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        <balance>3697.96500000</balance>
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        <curCd>USD</curCd>
        <valUSD>246.20000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-08-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.88552000</annualizedRt>
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      <invstOrSec>
        <name>Venture Global Plaque</name>
        <lei>549300TKP4I6OJ02BF90</lei>
        <title>Venture Global Plaquemines LNG LLC</title>
        <cusip>922966AA4</cusip>
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          <isin value="US922966AA47"/>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>21959.06000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley</title>
        <cusip>61748UAR3</cusip>
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          <isin value="US61748UAR32"/>
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        <balance>92000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>90809.68000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-09</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.80000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
        <cusip>38380XJ73</cusip>
        <identifiers>
          <isin value="US38380XJ732"/>
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        <balance>3624215.01000000</balance>
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        <curCd>USD</curCd>
        <valUSD>388183.87000000</valUSD>
        <pctVal>0.043839267765</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-07-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.08552000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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        <fairValLevel>2</fairValLevel>
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        <name>Loancore Issuer, Ltd.</name>
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        <name>Venture Global Lng Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Willis Engine Securitization Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Cvs Health Corp</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Standard Building Soluti</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Energy Transfer Lp</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New York Life Insurance</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Ggp Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Docuformas Sa</name>
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        <title>Mexarrend SAPI de CV</title>
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        <name>Rollins Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Freddie Mac</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Neuberger Berman Clo Ltd</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Bank</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Cardinal Health Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Freddie Mac</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Fannie Mae</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Digicel Group Holdings</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Chpe Llc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Government National Mortgage Association</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Transdigm Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Wsp Global Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Apld Computeco Llc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Barclays Commercial Mortgage Securities Llc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Verisign Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Wells Fargo Commercial Mortgage Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Jp Morgan Mortgage Acquisition Corp</name>
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        <name>Hsi Asset Securitization Corporation Trust</name>
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        <name>Herc Holdings Inc</name>
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        <name>Jpmorgan Chase &amp; Co</name>
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        <name>Chicago Board of Trade</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Carnival Corp Ltd</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Benchmark Mortgage Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Cstl Commercial Mortgage Trust</name>
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          <isin value="US228920AC83"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Residential Accredit Loans, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Impac Cmb Trust</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Fremf Mortgage Trust</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Benchmark Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Benchmark 2019-B13 Mortgage Trust</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Vsp Optical Group Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Government National Mortgage Association</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Government National Mortgage Association</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Sprite Limited</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Freddie Mac</name>
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        <name>Bank Of America Corp</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Csn Resources Sa</name>
        <lei>222100ZEX458NMOXZP08</lei>
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        <invCountry>LU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Mf1</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Synergy Infrastructure H</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
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          <isin value="US38376CJP59"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Wells Fargo &amp; Company</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Amsr Trust</name>
        <lei>N/A</lei>
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          <isin value="US00179DAH98"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
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          <isin value="US38381E2N79"/>
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        <curCd>USD</curCd>
        <valUSD>1473080.68000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Wells Fargo Alternative Loan Trust</name>
        <lei>N/A</lei>
        <title>Wells Fargo Alternative Loan Trust</title>
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          <isin value="US94985FAH10"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Videotron Ltd</name>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Residential Asset Securitization Trust</name>
        <lei>N/A</lei>
        <title>Residential Asset Securitization Trust</title>
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          <isin value="US76114CAC01"/>
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        <balance>54901.20000000</balance>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Lindblad Expeditions Llc</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>7.00000000</annualizedRt>
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      <invstOrSec>
        <name>Barclays Commercial Mortgage Securities Llc</name>
        <lei>N/A</lei>
        <title>BBCMS Mortgage Trust 2024-5C29</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Countrywide Alternative Loan Trust</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Bx Trust</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Amphenol Corp</name>
        <lei>549300D3L3G0R4U4VT04</lei>
        <title>Amphenol Corp.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Morgan Stanley Mortgage Loan Trust</name>
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        <title>Morgan Stanley Mortgage Loan Trust</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Wells Fargo Commercial Mortgage Trust</name>
        <lei>5493006021R83VCLAO08</lei>
        <title>Wells Fargo Commercial Mortgage Trust</title>
        <cusip>95001NBD9</cusip>
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        <balance>1100000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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        <name>Univision Communications</name>
        <lei>549300YQDE2JSGTL8V47</lei>
        <title>Univision Communications, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Gatx Corp</name>
        <lei>549300IHYHCQP2PIR591</lei>
        <title>GATX Corp.</title>
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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>2044-03-15</maturityDt>
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          <annualizedRt>5.20000000</annualizedRt>
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      <invstOrSec>
        <name>Countrywide Alternative Loan Trust</name>
        <lei>N/A</lei>
        <title>Alternative Loan Trust</title>
        <cusip>12667GEK5</cusip>
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          <isin value="US12667GEK58"/>
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        <balance>99621.67900000</balance>
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        <isRestrictedSec>N</isRestrictedSec>
        
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      <invstOrSec>
        <name>Trestles Clo Ltd</name>
        <lei>254900837GHK5VH7YU15</lei>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Countrywide Home Loans</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Wr Grace Holding Llc</name>
        <lei>549300WNOVFRGYOAEB12</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Bcap Llc Trust</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Jetblue Airways/loyalty</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Mf1</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Airbnb Inc</name>
        <lei>549300HMUDNO0RY56D37</lei>
        <title>Airbnb, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
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        <issuerCat>USGA</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Wf-rbs Commercial Mortgage Trust</name>
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        <title>WFRBS Commercial Mortgage Trust 2013-C14</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Benchmark Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Benchmark 2018-B2 Mortgage Trust</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Lehman Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Lehman Mortgage Trust</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Freddie Mac</name>
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        <title>Federal Home Loan Mortgage Corp. REMICS</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Cascade Mh Asset Trust</name>
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        <title>Cascade MH Asset Trust</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Benchmark Mortgage Trust</name>
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        <title>Benchmark 2026-V21 Mortgage Trust</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Credit Suisse First Boston Mortgage Securities</name>
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        <title>Credit Suisse First Boston Mortgage Securities Corp.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Bank Of America Corp</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
        <title>Bank of America Corp.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Ubs Group Ag</name>
        <lei>549300SZJ9VS8SGXAN81</lei>
        <title>UBS Group AG</title>
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        <invCountry>CH</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Simpar Europe Sa</name>
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        <name>Fannie Mae</name>
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        <name>Pfp Iii</name>
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        <name>Sabre Glbl Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Government National Mortgage Association</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Energizer Holdings Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Government National Mortgage Association</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Fannie Mae</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Government National Mortgage Association</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Performance Food Group I</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Trans-allegheny Intersta</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Inretail Consumer</name>
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        <name>Arcelormittal Sa</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Clarios Global Lp/us Fin</name>
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        <name>Databank Issuer Ii, Llc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Fanniemae-aces</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Verizon Communications</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Empresa De Transporte Me</name>
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        <title>Empresa de Transporte de Pasajeros Metro SA</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Thunderbolt Aircraft Lease Limited/ Us Llc</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Mf1</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Ginniemae Strip</name>
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        <title>Ginnie Mae Strip</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Extra Space Storage Lp</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Government National Mortgage Association</name>
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        <title>Ginnie Mae II Pool</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Mastec Inc</name>
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        <title>MasTec, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Us Treasury N/b</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Magnetite Clo Ltd</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Beacon Point Dc Llc</name>
        <lei>2549003M920HKF2V5011</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Wells Fargo Commercial Mortgage Trust</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Csab Mortgage Backed Trust</name>
        <lei>N/A</lei>
        <title>CSAB Mortgage-Backed Trust</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Takeda Us Fin</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Neuberger Berman Clo Ltd</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Fannie Mae</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Fannie Mae</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Octagon Investment Partners Xvi Ltd</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Residential Funding Mtg Sec I</name>
        <lei>N/A</lei>
        <title>Residential Funding Mortgage Securities I Trust</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Anywhere Re Grp/realogy</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Bds Ltd</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Pool</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Veritiv Operating Co</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Royal Caribbean Cruises</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Voya Clo Ltd</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Hydro One Inc</name>
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        <title>Hydro One, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Gs Mortgage-backed Securities Trust</name>
        <lei>254900X1ABPQ6D4G6D07</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Carlyle Global Market Strategies</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>Wells Fargo Commercial Mortgage Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Dryden Senior Loan Fund</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Credit Suisse Mortgage Trust</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Bank</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Residential Asset Securitization Trust</name>
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          <isin value="US45661EBX13"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Voya Clo Ltd</name>
        <lei>N/A</lei>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Subway Funding Llc</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Jpmbb Commercial Mortgage Securities Trust</name>
        <lei>N/A</lei>
        <title>JPMBB Commercial Mortgage Securities Trust</title>
        <cusip>46643GAG5</cusip>
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          <isin value="US46643GAG55"/>
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        <balance>2315054.48000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>Matador Resources Co</name>
        <lei>549300CI3Q2UUK5R4G79</lei>
        <title>Matador Resources Co.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Fs Rialto Issuer Ltd</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Weatherford Internationa</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Fannie Mae</name>
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        <title>Federal National Mortgage Association REMICS</title>
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        <name>Dte Energy Co</name>
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        <name>Verus Securitization Trust</name>
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        <name>Chase Mortgage Finance Corporation</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Essential Utilities Inc</name>
        <lei>549300ILTEOF3E3QY357</lei>
        <title>Essential Utilities, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Venture Global Lng Inc</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Morgan Stanley Capital I Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Vt Topco Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Kennametal Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Gulfport Energy Op Corp</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Benchmark Mortgage Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Fannie Mae</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Acu Petroleo Luxembourg</name>
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        <name>Government National Mortgage Association</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Rentokil Terminix Llc</name>
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        <name>Ellington Financial Mortgage Trust</name>
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        <name>Franklin Bsp Capital Co</name>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Gs Mortgage Securities Trust</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Credit Suisse Mortgage Trust</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Bausch Health Cos Inc</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Unigel Luxembourg Sa</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Morgan Stanley Mortgage Loan Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Freddie Mac</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Cosan Overseas Ltd</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Duke Energy Corp</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Fannie Mae</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Fannie Mae</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Advanced Drainage System</name>
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        <name>Fannie Mae</name>
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        <name>Crh Smw Finance Dac</name>
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        <name>Lifepoint Health Inc</name>
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        <name>Lehman Mortgage Trust</name>
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        <title>Lehman Mortgage Trust</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Fs Kkr Capital Corp</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Cco Hldgs Llc/cap Corp</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Fannie Mae</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Freddie Mac</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Wells Fargo Commercial Mortgage Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Esentia Energy Dev Sab</name>
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        <name>Goldman Sachs Group Inc</name>
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        <name>Uber Technologies Inc</name>
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        <name>Bank Of America Corp</name>
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        <name>Dexko Global Inc</name>
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        <name>Bell Canada</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Gabx Leasing</name>
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        <name>Lehman Mortgage Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Benchmark Mortgage Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Navient Refinance Loan Trust</name>
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        <name>Bank5</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Government National Mortgage Association</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Volcan Cia Minera Saa-cm</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Eaton Corp</name>
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        <name>Arcelormittal Sa</name>
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        <name>Mvw Owner Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Fannie Mae</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Ellucian Holdings Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Government National Mortgage Association</name>
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        <title>Government National Mortgage Association</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Freddie Mac</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>T-mobile Usa Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Freddie Mac</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Morgan Stanley Mortgage Loan Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Government National Mortgage Association</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Yinson Bergenia Producti</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Quest Diagnostics Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Lima Metro Line 2 Fin Lt</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Pimco Corporate &amp; Income Opportunity Fund</name>
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        <name>Pennymac Fin Svcs Inc</name>
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        <name>Natixis Commercial Mortgage Securities</name>
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        <name>Countrywide Home Loans</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Dealer Tire Financial Ll</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Residential Funding Mtg Sec I</name>
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        <name>Adani International Cont</name>
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        <name>Fannie Mae</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Velocity Commercial Capital Loan Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Canyon Clo 2021-3 Ltd</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Citigroup Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Areit Cre Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Wellfleet Clo Ltd</name>
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        <name>Freddie Mac</name>
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        <name>Freddie Mac - Stacr</name>
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        <name>Government National Mortgage Association</name>
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        <name>Adi Escrow Issuer Llc</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Deutsche Alt-a Securities Inc Mortgage Loan Trust</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Blackrock Corporate High Yield Fund Inc</name>
        <lei>97ZR60BLU36N5VJMH054</lei>
        <title>BlackRock Corporate High Yield Fund, Inc.</title>
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          <isin value="US09255P1075"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Pampa Energia Sa</name>
        <lei>254900QNIK0CVURGML24</lei>
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          <isin value="US697660AG30"/>
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        <invCountry>AR</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Coreweave Inc</name>
        <lei>984500511DP2B6186053</lei>
        <title>CoreWeave, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Bmo Mortgage Trust</name>
        <lei>N/A</lei>
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          <isin value="US096942BA48"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Intel Corp</name>
        <lei>KNX4USFCNGPY45LOCE31</lei>
        <title>Intel Corp.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Bank</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Residential Asset Securitization Trust</name>
        <lei>N/A</lei>
        <title>Residential Asset Securitization Trust</title>
        <cusip>76113FAA8</cusip>
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          <isin value="US76113FAA84"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Benefit Street Partners CLO Ltd</name>
        <lei>N/A</lei>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
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          <isin value="US38382Q2G47"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Ngpl Pipeco Llc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Bmo Mortgage Trust</name>
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        <name>Mf1</name>
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        <name>Government National Mortgage Association</name>
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        <title>Ginnie Mae II Pool</title>
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        <fairValLevel>2</fairValLevel>
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        <name>PERSHING SQUARE TONTINE</name>
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        <title>Pershing Square Tontine Holdings</title>
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        <fairValLevel>3</fairValLevel>
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        <name>Residential Asset Securitization Trust</name>
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        <title>Residential Asset Securitization Trust</title>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Fs Rialto Issuer Ltd</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Freddie Mac</name>
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        <name>Truist Financial Corp</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Fanniemae-aces</name>
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        <name>Wharf Commercial Mortgage Trust</name>
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        <name>Staples Inc</name>
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        <name>Fanniemae Strip</name>
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        <name>Societe Generale</name>
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        <name>Mosaic Solar Loans Llc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Extended Stay America Trust</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
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        <fairValLevel>2</fairValLevel>
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        <name>First Horizon Mortgage Pass-through Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Progress Residential Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Kyndryl Holdings Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Fannie Mae</name>
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        <title>Fannie Mae REMICS</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Merrill Lynch Alternative Note Asset</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Residential Asset Securitization Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Asurion Llc/asurion Co</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Bat Capital Corp</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Switch Abs Issuer, Llc</name>
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        <name>Aviation Capital Group</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Solstice Advanced Materi</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Greensky Home Improvement Issuer Trust</name>
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        <title>GreenSky Home Improvement Issuer Trust 2024-2</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Roper Technologies Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Jp Morgan Mortgage Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Gsaa Home Equity Trust</name>
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        <title>GSAA Home Equity Trust</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Life Time Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Aercap Ireland Cap/globa</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Bluemountain Clo Ltd</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Csab Mortgage Backed Trust</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
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        <title>Ginnie Mae II Pool</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Benchmark Mortgage Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Ardn 2025-arcp Mortgage Trust</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
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        <fairValLevel>2</fairValLevel>
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        <name>T-mobile Usa Inc</name>
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        <title>T-Mobile USA, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Blue Owl Technology Finance Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Wells Fargo Commercial Mortgage Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Rivernorth/oaktree High Income Fund</name>
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        <name>Countrywide Alternative Loan Trust</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Fannie Mae</name>
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        <name>Freddie Mac</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Bank</name>
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        <name>Smb Private Education Loan Trust</name>
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        <name>Freddie Mac</name>
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        <name>Fannie Mae</name>
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        <name>Verus Securitization Trust</name>
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        <name>Nomura Asset Acceptance Corporation</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>TD Cowen</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Cap Sa</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Dish Dbs Corp</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Vistra Operations Co Llc</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Bank</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Mizuho Bank Ltd</name>
        <lei>RB0PEZSDGCO3JS6CEU02</lei>
        <title>Mizuho Bank, Ltd.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Oaktree Specialty Lend</name>
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        <title>Oaktree Specialty Lending Corp.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Shops Trust</name>
        <lei>N/A</lei>
        <title>SHOPS Commercial Mortgage Trust 2026-CSTL</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Qorvo Inc</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Pool</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Benchmark Mortgage Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Cemex Sab De Cv</name>
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        <title>Cemex SAB de CV</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Federal National Mortgage Association REMICS</title>
        <cusip>3136A9AP3</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Energy Transfer Lp</name>
        <lei>MTLVN9N7JE8MIBIJ1H73</lei>
        <title>Energy Transfer LP</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Prp Advisors, Llc</name>
        <lei>N/A</lei>
        <title>PRPM 2025-NQM6 Trust</title>
        <cusip>69383RAM4</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Wec Energy Group Inc</name>
        <lei>549300IGLYTZUK3PVP70</lei>
        <title>WEC Energy Group, Inc.</title>
        <cusip>92939UAU0</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Nisource Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Royalty Pharma Plc</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Nxp Bv/nxp Fdg/nxp Usa</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Countrywide Alternative Loan Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Builders Firstsource Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Minejesa Capital Bv</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Eli Lilly &amp; Co</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Illumina Inc</name>
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        <title>Illumina, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Crown Castle Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Banco Santander Chile</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Blackbird Capital Aircraft</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Oneok Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Sound Point Clo Ltd</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Aep Texas Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Bsprt Issuer, Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Bmo Mortgage Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Fiemex Energia - Banc Ac</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Government National Mortgage Association</name>
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        <name>Freddie Mac</name>
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        <name>Se Cosmos Llc</name>
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        <name>Fannie Mae - Cas</name>
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        <name>Space Exploration Tech</name>
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        <name>Us Treasury N/b</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Gsaa Home Equity Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Southern Copper Corp</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New Residential Mortgage Loan Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Cco Hldgs Llc/cap Corp</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Gsaa Home Equity Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Brown &amp; Brown Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Balboa Bay Loan Funding Ltd</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Ubs Commercial Mortgage Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Gsr Mortgage Loan Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Adani Electricity Mumbai</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Residential Asset Securitization Trust</name>
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        <name>Verus Securitization Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>American Axle &amp; Mfg Inc</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Castlelake Aircraft Structured Trust</name>
        <lei>N/A</lei>
        <title>Castlelake Aircraft Securitization Trust</title>
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          <isin value="US14856CAC38"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Harvest Midstream I Lp</name>
        <lei>549300DW5M17KJOXCY66</lei>
        <title>Harvest Midstream I LP</title>
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          <isin value="US417558AD56"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Federal National Mortgage Association REMICS</title>
        <cusip>31396K5F5</cusip>
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          <isin value="US31396K5F52"/>
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        <balance>887321.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-10-25</maturityDt>
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      <invstOrSec>
        <name>Qnity Electronics Inc</name>
        <lei>254900RSUG4J9TFFZX53</lei>
        <title>Qnity Electronics, Inc.</title>
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          <isin value="US74743LAB62"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Slg Trust</name>
        <lei>N/A</lei>
        <title>SLG Commercial Mortgage Trust 2026-PAT</title>
        <cusip>78451CAJ2</cusip>
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          <isin value="US78451CAJ27"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-02-15</maturityDt>
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      <invstOrSec>
        <name>Sonoco Products Co</name>
        <lei>GKOMIK4RDJGHEF0VNP11</lei>
        <title>Sonoco Products Co.</title>
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          <isin value="US835495AR34"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.60000000</annualizedRt>
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      <invstOrSec>
        <name>Freddie Mac - Stacr</name>
        <lei>5493000ITBQFEOXM0S98</lei>
        <title>Freddie Mac STACR REMIC Trust 2020-DNA6</title>
        <cusip>35566CBE4</cusip>
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          <isin value="US35566CBE49"/>
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        <balance>4300000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-12-25</maturityDt>
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      <invstOrSec>
        <name>Banc Of America Commercial Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Bank of America Merrill Lynch Commercial Mortgage Trust 2016-UBS10</title>
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          <isin value="US06054MAK99"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>Ukg Inc</name>
        <lei>529900FKHWSTQ1GXK240</lei>
        <title>UKG, Inc.</title>
        <cusip>90279XAA0</cusip>
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          <isin value="US90279XAA00"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Onemain Finance Corp</name>
        <lei>5493008I795YYBFWFU90</lei>
        <title>OneMain Finance Corp.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Wind River Clo Ltd</name>
        <lei>549300OBHD9JXBHL6R27</lei>
        <title>Wind River 2021-1 CLO, Ltd.</title>
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        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Credit Suisse Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Credit Suisse Mortgage Capital Certificates</title>
        <cusip>225470ZL0</cusip>
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          <isin value="US225470ZL00"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Kentucky Utilities Co</name>
        <lei>AGX0G2MXE54NFNNICD28</lei>
        <title>Kentucky Utilities Co.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Tsy Infl Ix N/b</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Inflation Indexed Bonds</title>
        <cusip>91282CFR7</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Deutsche Alt-a Securities Inc Mortgage Loan Trust</name>
        <lei>N/A</lei>
        <title>Deutsche Alt-A Securities, Inc. Mortgage Loan Trust</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Vertiv Group Corporation</name>
        <lei>549300ZT8RQ5VK10E643</lei>
        <title>Vertiv Group Corp.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Bx Trust 2019-oc11</name>
        <lei>N/A</lei>
        <title>BX Trust</title>
        <cusip>05606FAL7</cusip>
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        <balance>200000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
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          <isin value="US38375BGG14"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Phantom Aviation</name>
        <lei>N/A</lei>
        <title>Phantom Aviation</title>
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          <isin value="US71711GAA31"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Mf1</name>
        <lei>N/A</lei>
        <title>MF1 2026-FL21 LLC</title>
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          <isin value="US55287NAG25"/>
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        <balance>340000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>340848.30000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-02-18</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.75000000</annualizedRt>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Pool</title>
        <cusip>3140XMAW6</cusip>
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          <isin value="US3140XMAW69"/>
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        <balance>2125792.28000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Indymac Imsc Mortgage Loan Trust</name>
        <lei>N/A</lei>
        <title>IndyMac IMSC Mortgage Loan Trust</title>
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          <isin value="US45670JAE29"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-07-25</maturityDt>
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      <invstOrSec>
        <name>Pods Llc</name>
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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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          <maturityDt>2031-05-15</maturityDt>
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      <invstOrSec>
        <name>Tsy Infl Ix N/b</name>
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        <title>U.S. Treasury Inflation Indexed Bonds</title>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>Builders Firstsource Inc</name>
        <lei>549300W0SKP6L3H7DP63</lei>
        <title>Builders FirstSource, Inc.</title>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Caturus Energy Llc</name>
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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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          <maturityDt>2031-05-15</maturityDt>
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      <invstOrSec>
        <name>Lewey Park Clo Ltd</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Marriott International</name>
        <lei>225YDZ14ZO8E1TXUSU86</lei>
        <title>Marriott International, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Eastern Energy Gas</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Truist Financial Corp</name>
        <lei>549300DRQQI75D2JP341</lei>
        <title>Truist Financial Corp.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
        <cusip>38380VFC0</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Federal National Mortgage Association REMICS</title>
        <cusip>31396QD97</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Williams Companies Inc</name>
        <lei>D71FAKCBLFS2O0RBPG08</lei>
        <title>Williams Cos., Inc.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Rhp Hotel Ppty/rhp Finan</name>
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        <title>RHP Hotel Properties LP / RHP Finance Corp.</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>6.50000000</annualizedRt>
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        <name>Barclays Commercial Mortgage Securities Llc</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Augusta Spinco Corporati</name>
        <lei>N/A</lei>
        <title>Augusta SpinCo Corp.</title>
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          <isin value="US051473AF38"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Baker Hughes Llc/co-obl</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Jacobs Solutions Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Extended Stay America Trust</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>O'reilly Automotive Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Upstart Securitization Trust</name>
        <lei>549300MM4LHW6AKJUZ51</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Lamar Media Corp</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Global Air Lease Co Ltd</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Jp Morgan Mortgage Acquisition Corp</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Freddie Mac</name>
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        <title>Freddie Mac Pool</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Kinder Morgan Ener Part</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Geometrica Par Invest Sa</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Vibrant CLO Ltd</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Affirm Master Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Light &amp; Wonder Intl Inc</name>
        <lei>RLTHESQ0RNFQJWPBJN60</lei>
        <title>Light &amp; Wonder International, Inc.</title>
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        <name>Credito Real Sab De Cv</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Republic Of South Africa</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Greensky Home Improvement Issuer Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Upstart Securitization Trust</name>
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          <isin value="US91678YAB11"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Travelers Cos Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Kodiak Gas Services Llc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Lft Cre Llc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Ngpl Pipeco Llc</name>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Chicago Board of Trade</name>
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        <name>Level 3 Financing Inc</name>
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        <name>Barings Private Credit</name>
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        <name>Ecopetrol Sa</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Zoetis Inc</name>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Federal National Mortgage Association REMICS</title>
        <cusip>31397N4X0</cusip>
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          <isin value="US31397N4X04"/>
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        <curCd>USD</curCd>
        <valUSD>55595.58000000</valUSD>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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      </invstOrSec>
      <invstOrSec>
        <name>Dell Int Llc / Emc Corp</name>
        <lei>N/A</lei>
        <title>Dell International LLC / EMC Corp.</title>
        <cusip>24703DBW0</cusip>
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          <isin value="US24703DBW02"/>
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        <balance>153000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>151068.58000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Venture Global Plaque</name>
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        <title>Venture Global Plaquemines LNG LLC</title>
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          <isin value="US922966AE68"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Park Intermed Holdings</name>
        <lei>N/A</lei>
        <title>Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co.-Issuer</title>
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          <isin value="US70052LAD55"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>102448.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Waste Connections Inc</name>
        <lei>549300HDLRTPBQU69P29</lei>
        <title>Waste Connections, Inc.</title>
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          <isin value="US94106BAJ08"/>
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        <balance>143000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>145018.05000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
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          <isin value="US38378WAU71"/>
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        <balance>2169201.47600000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>5.98552000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
        <cusip>3136BDLR7</cusip>
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          <isin value="US3136BDLR74"/>
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        <balance>8241879.32000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>USGSE</issuerCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-01-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Marsh &amp; Mclennan Cos Inc</name>
        <lei>549300XMP3KDCKJXIU47</lei>
        <title>Marsh &amp; McLennan Cos., Inc.</title>
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          <isin value="US571748CF73"/>
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        <balance>91000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>Dbc 2025-dbc Mortgage Trust</name>
        <lei>N/A</lei>
        <title>DBC 2025-DBC Mortgage Trust</title>
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          <isin value="US23306HAG02"/>
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        <balance>700000.00000000</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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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
        <cusip>38383CFT2</cusip>
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          <isin value="US38383CFT27"/>
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        <balance>18084926.51000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>TD Cowen</name>
        <lei>N/A</lei>
        <title>FS Specialty Lending Fund.</title>
        <cusip>N/A</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Omega Hlthcare Investors</name>
        <lei>549300OJ7ENK42CZ8E73</lei>
        <title>Omega Healthcare Investors, Inc.</title>
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          <isin value="US681936BN99"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Citicorp Mortgage Securities, Inc.</name>
        <lei>N/A</lei>
        <title>Citicorp Mortgage Securities Trust</title>
        <cusip>173105AA5</cusip>
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          <isin value="US173105AA56"/>
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        <balance>233632.76700000</balance>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Rckt Trust</name>
        <lei>N/A</lei>
        <title>RCKT Trust 2025-PL1</title>
        <cusip>74939RAE1</cusip>
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          <isin value="US74939RAE18"/>
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        <balance>1100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1094247.00000000</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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      <invstOrSec>
        <name>Banc Of America Funding Corporation</name>
        <lei>N/A</lei>
        <title>Banc of America Funding Trust</title>
        <cusip>05949QBP9</cusip>
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          <isin value="US05949QBP90"/>
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        <balance>22921.86500000</balance>
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        <valUSD>22831.40000000</valUSD>
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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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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Directv Fin Llc/coinc</name>
        <lei>N/A</lei>
        <title>Directv Financing LLC / Directv Financing Co.-Obligor, Inc.</title>
        <cusip>25461LAA0</cusip>
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          <isin value="US25461LAA08"/>
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        <balance>9000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8992.30000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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        <name>Onemain Finance Corp</name>
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        <name>Fannie Mae</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Erac Usa Finance Llc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Spirit Aerosystems Inc</name>
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        <name>Store Capital Llc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Merck &amp; Co Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Pretium Mortgage Credit Partners Llc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Jpmorgan Chase &amp; Co</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Cathedral Lake Ltd</name>
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        <name>Bbva Mex Banca Grupo Tx</name>
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        <name>Allied Universal Holdco</name>
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        <name>Beach Acquisition Bidco</name>
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        <name>Anywhere Re Grp/realogy</name>
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        <name>Jbs Nv/usa Foods/food Co</name>
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        <name>Ncl Corporation Ltd</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Chile Electricity Lux</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Santander Holdings Usa</name>
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        <fairValLevel>2</fairValLevel>
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        <name>United Rentals North Am</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Benchmark Mortgage Trust</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Veralto Corp</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Fannie Mae</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Sound Point Clo Ltd</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Arrow Electronics Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Bank Of America Corp</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Barclays Commercial Mortgage Securities Llc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Apollo Aviation Securitization Equity Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Us Treasury N/b</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Sv Rno Property Owner 1</name>
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        <name>Citimortgage Alternative Loan Trust</name>
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    <signature>
      <ncom:dateSigned>2026-07-30</ncom:dateSigned>
      <ncom:nameOfApplicant>RIVERNORTH FUNDS</ncom:nameOfApplicant>
      <ncom:signature>Jonathan M. Mohrhardt</ncom:signature>
      <ncom:signerName>Jonathan M. Mohrhardt</ncom:signerName>
      <ncom:title>Treasurer &amp; Chief Financial Officer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
