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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Countrywide Alternative Loan Trust</name>
        <lei>5493004SLAYUFMHIS127</lei>
        <title>Countrywide Alternative Loan Trust</title>
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          <isin value="US02146VAC63"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Countrywide Alternative Loan Trust</name>
        <lei>5493004SLAYUFMHIS127</lei>
        <title>Countrywide Alternative Loan Trust</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Ameriquest Mortgage Securities 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>ARAB REPUBLIC OF EGYPT</name>
        <lei>529900GFIVH4086NMH82</lei>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <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>KINGDOM OF BAHRAIN</name>
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        <fairValLevel>2</fairValLevel>
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        <name>KINGDOM OF BAHRAIN</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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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>BANCO NACIONAL COM EXT</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>BAYOU RE LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Bear Stearns Adjustable Rate Mortgage Trust</name>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-01-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.97000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bear Stearns Adjustable Rate Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Bear Stearns ARM Trust</title>
        <cusip>07387AGE9</cusip>
        <identifiers>
          <isin value="US07387AGE91"/>
        </identifiers>
        <balance>23953.50000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>22254.81000000</valUSD>
        <pctVal>0.000673201503</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-02-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.33000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BEIGNET INVESTOR LLC</name>
        <lei>N/A</lei>
        <title>Beignet Investor LLC</title>
        <cusip>076912AA2</cusip>
        <identifiers>
          <isin value="US076912AA21"/>
        </identifiers>
        <balance>21680000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>22127658.40000000</valUSD>
        <pctVal>0.669355204694</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-05-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.58000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BENCHMARK Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Benchmark Mortgage Trust</title>
        <cusip>08162CAD2</cusip>
        <identifiers>
          <isin value="US08162CAD20"/>
        </identifiers>
        <balance>4100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4048330.16000000</valUSD>
        <pctVal>0.122460805112</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-10-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.26000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BENCHMARK Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Benchmark Mortgage Trust</title>
        <cusip>08162PAX9</cusip>
        <identifiers>
          <isin value="US08162PAX96"/>
        </identifiers>
        <balance>1500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1477252.35000000</valUSD>
        <pctVal>0.044686452187</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-01-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.67000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BENIN INTL GOV BOND</name>
        <lei>635400Q11P6AE5A5Y230</lei>
        <title>Benin Government International Bonds</title>
        <cusip>08205QAA6</cusip>
        <identifiers>
          <isin value="US08205QAA67"/>
        </identifiers>
        <balance>1100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1170548.13000000</valUSD>
        <pctVal>0.035408739099</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>BJ</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-02-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.96000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BENIN SUKUK SA</name>
        <lei>254900FAFYBRYHYVQK50</lei>
        <title>Benin Sukuk SA</title>
        <cusip>08205RAA4</cusip>
        <identifiers>
          <isin value="US08205RAA41"/>
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        <balance>3500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3400459.51000000</valUSD>
        <pctVal>0.102862907146</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>BJ</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-01-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.20000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BIOCEANICO SOVEREIGN</name>
        <lei>N/A</lei>
        <title>Bioceanico Sovereign Certificate Ltd.</title>
        <cusip>09076AAA5</cusip>
        <identifiers>
          <isin value="US09076AAA51"/>
        </identifiers>
        <balance>2526065.97000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2072940.26000000</valUSD>
        <pctVal>0.062705837507</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-06-05</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TURKISH AIRLN 15-1 A PTT</name>
        <lei>N/A</lei>
        <title>Turkish Airlines Pass-Through Trust</title>
        <cusip>10010YAA0</cusip>
        <identifiers>
          <isin value="US10010YAA01"/>
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        <balance>414247.28000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>410132.93000000</valUSD>
        <pctVal>0.012406401362</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.20000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FED REPUBLIC OF BRAZIL</name>
        <lei>254900ZFY40OYEADAP90</lei>
        <title>Brazil Government International Bonds</title>
        <cusip>105756CN8</cusip>
        <identifiers>
          <isin value="US105756CN87"/>
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        <balance>650000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>654387.50000000</valUSD>
        <pctVal>0.019795030775</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-01-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>STATE OF MINAS GERAIS</name>
        <lei>N/A</lei>
        <title>Brazil Minas SPE via State of Minas Gerais</title>
        <cusip>105860AA8</cusip>
        <identifiers>
          <isin value="US105860AA87"/>
        </identifiers>
        <balance>2000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2010120.00000000</valUSD>
        <pctVal>0.060805542987</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.33000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BUTTONWOOD RE LTD</name>
        <lei>254900LIULF6LIE6J986</lei>
        <title>Buttonwood RE Ltd.</title>
        <cusip>12423PAA6</cusip>
        <identifiers>
          <isin value="US12423PAA66"/>
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        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>249975.00000000</valUSD>
        <pctVal>0.007561670750</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-29</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.55000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BUTTONWOOD RE LTD</name>
        <lei>254900LIULF6LIE6J986</lei>
        <title>Buttonwood RE Ltd.</title>
        <cusip>12423PAC2</cusip>
        <identifiers>
          <isin value="US12423PAC23"/>
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        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>249950.00000000</valUSD>
        <pctVal>0.007560914507</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-29</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>11.55000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CBB INTL SUKUK PROG WLL</name>
        <lei>5493006IRJ2IWXTNIM16</lei>
        <title>CBB International Sukuk Programme Co. WLL</title>
        <cusip>124808AC0</cusip>
        <identifiers>
          <isin value="US124808AC08"/>
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        <balance>2300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2232248.56000000</valUSD>
        <pctVal>0.067524867059</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>BH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CBB INTL SUKUK PROG WLL</name>
        <lei>5493006IRJ2IWXTNIM16</lei>
        <title>CBB International Sukuk Programme Co. WLL</title>
        <cusip>124808AD8</cusip>
        <identifiers>
          <isin value="US124808AD80"/>
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        <balance>6100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5996256.69000000</valUSD>
        <pctVal>0.181385013795</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>BH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-09-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Credit-Based Asset Servicing and Securitization</name>
        <lei>969500V3L9W19NIA5E82</lei>
        <title>C-BASS Trust</title>
        <cusip>1248MGAK0</cusip>
        <identifiers>
          <isin value="US1248MGAK02"/>
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        <balance>6396906.17000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1727661.07000000</valUSD>
        <pctVal>0.052261242841</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-01-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.09000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Countrywide Home Loans</name>
        <lei>N/A</lei>
        <title>CHL Mortgage Pass-Through Trust</title>
        <cusip>125438AB7</cusip>
        <identifiers>
          <isin value="US125438AB79"/>
        </identifiers>
        <balance>30546.38000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>28813.62000000</valUSD>
        <pctVal>0.000871603590</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-02-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.17000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CSAB Mortgage Backed Trust</name>
        <lei>N/A</lei>
        <title>CSAB Mortgage-Backed Trust</title>
        <cusip>12627HAK6</cusip>
        <identifiers>
          <isin value="US12627HAK68"/>
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        <balance>140155.61000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>38943.75000000</valUSD>
        <pctVal>0.001178037064</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-09-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.22000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Credit Suisse Mortgage Trust</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Credit Suisse Mortgage Trust</name>
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          <isin value="US12662QAA40"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Countrywide Asset-Backed Certificates</name>
        <lei>549300H6I2066O1LC673</lei>
        <title>Countrywide Asset-Backed Certificates Trust</title>
        <cusip>1266732L5</cusip>
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          <isin value="US1266732L53"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-11-25</maturityDt>
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      <invstOrSec>
        <name>Countrywide Alternative Loan Trust</name>
        <lei>5493004SLAYUFMHIS127</lei>
        <title>Countrywide Alternative Loan Trust</title>
        <cusip>12668AHE8</cusip>
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          <isin value="US12668AHE82"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>Countrywide Alternative Loan Trust</name>
        <lei>5493004SLAYUFMHIS127</lei>
        <title>Countrywide Alternative Loan Trust</title>
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          <isin value="US12668BXF56"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>CAPE LOOKOUT RE LTD</name>
        <lei>N/A</lei>
        <title>Cape Lookout Re Ltd.</title>
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          <isin value="US13947LAH50"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>BM</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>CAPE LOOKOUT RE LTD</name>
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          <isin value="US13947LAJ17"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>BM</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-03-21</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>CASSA DEPOSITI E PRESTIT</name>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>IT</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CHILE ELECTRICITY LUX</name>
        <lei>N/A</lei>
        <title>Chile Electricity Lux MPC II SARL</title>
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        <invCountry>LU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CHILE ELECTRICITY LUX</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Chile Government International Bonds</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Chile Government International Bonds</name>
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        <fairValLevel>2</fairValLevel>
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        <name>REPUBLIC OF CHILE</name>
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        <title>Chile Government International Bonds</title>
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        <invCountry>CL</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Countrywide Home Loans</name>
        <lei>N/A</lei>
        <title>CHL Mortgage Pass-Through Trust</title>
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        <balance>16047.08000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-09-25</maturityDt>
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        <name>CIM Trust</name>
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        <title>CIM Trust</title>
        <cusip>17181KAA8</cusip>
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        <balance>4576483.36000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4583618.10000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Colombia Government International Bonds</name>
        <lei>549300MHDRBVRF6B9117</lei>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <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>CODELCO INC</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Credit Suisse Mortgage Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Countrywide Asset-Backed Certificates</name>
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        <fairValLevel>2</fairValLevel>
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        <name>DAE SUKUK DIFC LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>DP WORLD LTD UAE</name>
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        <title>DP World Ltd.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>DANGOTE FERTLISER LTD</name>
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        <name>BNP Paribas 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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      <invstOrSec>
        <name>EMPRESA DE LOS FERROCARR</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>ENFRAGEN ENERGIA SUR SAU</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>ENGIE ENERGIA CHILE SA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ESENTIA ENERGY DEV SAB</name>
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        <fairValLevel>2</fairValLevel>
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        <name>BOLIVIA GOVERNMENT</name>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>BO</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>FWD GROUP HOLDINGS LTD</name>
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        <invCountry>KY</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>FRESNILLO PLC</name>
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        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>GSAA Home Equity Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>GATEWAY RE LTD</name>
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        <title>Gateway Re Ltd.</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>GATEWAY RE LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>GC TREASURY CENTRE CO</name>
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        <title>GC Treasury Center Co. Ltd.</title>
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        <invCountry>TH</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>GC TREASURY CENTRE CO</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <lei>529900QKDFFU9UWW5315</lei>
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        <issuerCat>NUSS</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <lei>529900QKDFFU9UWW5315</lei>
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        <cusip>401494BA6</cusip>
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          <isin value="US401494BA67"/>
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        <curCd>USD</curCd>
        <valUSD>4708125.00000000</valUSD>
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        <invCountry>GT</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>REPUBLIC OF GUATEMALA</name>
        <lei>529900QKDFFU9UWW5315</lei>
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        <cusip>401494BB4</cusip>
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          <isin value="US401494BB41"/>
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        <curCd>USD</curCd>
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        <invCountry>GT</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-08-15</maturityDt>
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      <invstOrSec>
        <name>HarborView Mortgage Loan Trust</name>
        <lei>549300SZXFEQICAU3R39</lei>
        <title>HarborView Mortgage Loan Trust</title>
        <cusip>41161UAJ1</cusip>
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          <isin value="US41161UAJ16"/>
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        <balance>1716.95000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1630.84000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-08-19</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>KINGDOM OF JORDAN</name>
        <lei>5493000JZ4MYPVMBVN50</lei>
        <title>Jordan Government International Bonds</title>
        <cusip>418097AJ0</cusip>
        <identifiers>
          <isin value="US418097AJ07"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>299049.17000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-10-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.38000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HAZINE MUSTESARLIGI VARL</name>
        <lei>6354003QFJP7RDXEOZ20</lei>
        <title>Hazine Mustesarligi Varlik Kiralama AS</title>
        <cusip>421790AN6</cusip>
        <identifiers>
          <isin value="US421790AN62"/>
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        <balance>4200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4254086.89000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HONDURAS GOVERNMENT</name>
        <lei>5493002DW1JNBNG17615</lei>
        <title>Honduras Government International Bonds</title>
        <cusip>438180AK7</cusip>
        <identifiers>
          <isin value="US438180AK75"/>
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        <balance>1200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1392468.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>HN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HUNGARY</name>
        <lei>5299003F3UFKGCCMAP43</lei>
        <title>Hungary Government International Bonds</title>
        <cusip>445545AM8</cusip>
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          <isin value="US445545AM86"/>
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        <balance>4000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3476554.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>HU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.13000000</annualizedRt>
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      <invstOrSec>
        <name>HUNGARY</name>
        <lei>5299003F3UFKGCCMAP43</lei>
        <title>Hungary Government International Bonds</title>
        <cusip>445545AR7</cusip>
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          <isin value="US445545AR73"/>
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        <balance>3300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3383890.22000000</valUSD>
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        <invCountry>HU</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-22</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>HUNGARY</name>
        <lei>5299003F3UFKGCCMAP43</lei>
        <title>Hungary Government International Bonds</title>
        <cusip>445545AT3</cusip>
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          <isin value="US445545AT30"/>
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        <valUSD>1635498.30000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>HUNGARY</name>
        <lei>5299003F3UFKGCCMAP43</lei>
        <title>Hungary Government International Bonds</title>
        <cusip>445545AU0</cusip>
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          <isin value="US445545AU03"/>
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        <balance>4500000.00000000</balance>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>HU</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-03-26</maturityDt>
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      <invstOrSec>
        <name>HUNGARY</name>
        <lei>5299003F3UFKGCCMAP43</lei>
        <title>Hungary Government International Bonds</title>
        <cusip>445545AV8</cusip>
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          <isin value="US445545AV85"/>
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        <balance>900000.00000000</balance>
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        <invCountry>HU</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.38000000</annualizedRt>
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      <invstOrSec>
        <name>HUNGARY</name>
        <lei>5299003F3UFKGCCMAP43</lei>
        <title>Hungary Government International Bonds</title>
        <cusip>445545AW6</cusip>
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          <isin value="US445545AW68"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>HUNGARY</name>
        <lei>5299003F3UFKGCCMAP43</lei>
        <title>Hungary Government International Bonds</title>
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          <isin value="US445545AX42"/>
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        <fairValLevel>2</fairValLevel>
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        <name>IIFL FINANCE LTD</name>
        <lei>335800CZ46UJRS34JR78</lei>
        <title>IIFL Finance Ltd.</title>
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          <isin value="US44964HAA23"/>
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        <invCountry>IN</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>IFC Emerging Markets Securitization, Ltd.</name>
        <lei>984500B13EHDB68CFD27</lei>
        <title>IFC Emerging Markets Securitization Ltd.</title>
        <cusip>45174DAA4</cusip>
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        <assetCat>ABS-CBDO</assetCat>
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        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-12-31</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>Impac CMB Trust</name>
        <lei>N/A</lei>
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        <cusip>45254NLJ4</cusip>
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          <isin value="US45254NLJ45"/>
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        <balance>52138.39000000</balance>
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        <assetCat>ABS-MBS</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-03-25</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>REPUBLIC OF INDONESIA</name>
        <lei>529900FWX0GRR7WG5W79</lei>
        <title>Indonesia Government International Bonds</title>
        <cusip>455780BR6</cusip>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>DEVELOPMENT BANK OF KAZA</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>REPUBLIC OF KENYA</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Lehman XS Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>LIMA METRO LINE 2 FIN LT</name>
        <lei>5493009BVQNQT1UKQ352</lei>
        <title>Lima Metro Line 2 Finance Ltd.</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>LIMA METRO LINE 2 FIN LT</name>
        <lei>5493009BVQNQT1UKQ352</lei>
        <title>Lima Metro Line 2 Finance Ltd.</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>MDGH GMTN RSC LTD</name>
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        <invCountry>AE</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>MASTR Alternative Loans Trust</name>
        <lei>N/A</lei>
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          <isin value="US5764342H69"/>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>MAYFLOWER RE LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>MHP LUX SA</name>
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        <invCountry>LU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>MONTEGO BAY AIRPORT REVE</name>
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        <title>Montego Bay Airport Revenue Finance Ltd.</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Morgan Stanley Capital Inc</name>
        <lei>5493002PQ8PF80BA0L77</lei>
        <title>Morgan Stanley ABS Capital I, Inc. Trust</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Morgan Stanley Capital Inc</name>
        <lei>5493002PQ8PF80BA0L77</lei>
        <title>Morgan Stanley ABS Capital I, Inc. 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>MUTHOOT FINANCE LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>NATURE COAST RE LTD</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>NIAGARA ENERGY SAC</name>
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        <invCountry>PE</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>REPUBLIC OF NIGERIA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>REPUBLIC OF NIGERIA</name>
        <lei>549300GSBZD84TNEQ285</lei>
        <title>Nigeria Government International Bonds</title>
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        <fairValLevel>2</fairValLevel>
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        <name>REPUBLIC OF NIGERIA</name>
        <lei>549300GSBZD84TNEQ285</lei>
        <title>Nigeria Government International Bonds</title>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>REPUBLIC OF NIGERIA</name>
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        <title>Nigeria Government International Bonds</title>
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        <fairValLevel>2</fairValLevel>
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        <name>REPUBLIC OF NIGERIA</name>
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        <title>Nigeria Government International Bonds</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Nomura Home Equity Loan Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>OFFICE CHERIFIEN DES PHO</name>
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        <title>OCP SA</title>
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        <fairValLevel>2</fairValLevel>
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        <name>OFFICE CHERIFIEN DES PHO</name>
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        <fairValLevel>2</fairValLevel>
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        <name>OFFICE CHERIFIEN DES PHO</name>
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        <fairValLevel>2</fairValLevel>
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        <name>OMAN GOV INTERNTL BOND</name>
        <lei>549300SZ20F0QTKNQC75</lei>
        <title>Oman Government International Bonds</title>
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        <fairValLevel>2</fairValLevel>
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        <name>OMAN GOV INTERNTL BOND</name>
        <lei>549300SZ20F0QTKNQC75</lei>
        <title>Oman Government International Bonds</title>
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        <invCountry>OM</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>ELDIK BANK OAO</name>
        <lei>529900MRXI5QEMS86V46</lei>
        <title>Eldik Bank OAO</title>
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        <balance>4900000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KG</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>8.50000000</annualizedRt>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Panama Government International Bonds</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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        <invCountry>PY</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>REPUBLIC OF PARAGUAY</name>
        <lei>529900UXKJTJPCU0HK83</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>REPUBLIC OF PARAGUAY</name>
        <lei>529900UXKJTJPCU0HK83</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>REPUBLIC OF PARAGUAY</name>
        <lei>529900UXKJTJPCU0HK83</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>REPUBLIC OF PARAGUAY</name>
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        <fairValLevel>2</fairValLevel>
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        <name>PAREX RESOURCES INC</name>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Park Place Securities Inc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>PETROLEOS MEXICANOS</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>REPUBLIC OF PERU</name>
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        <fairValLevel>2</fairValLevel>
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        <name>REPUBLIC OF PERU</name>
        <lei>254900STKLK2DBJJZ530</lei>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <lei>549300ZMGDLC9JT2OR80</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>PETRONAS CAPITAL LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Philippines Government International Bonds</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>PIMCO PRV SHORT TERM FLT III</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Republic of Poland Government International Bonds</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>ISLAMIC REP OF PAKISTAN</name>
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        <fairValLevel>2</fairValLevel>
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        <name>PRIO LUX HLD SARL</name>
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        <title>PRIO Luxembourg Holding SARL</title>
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        <invCountry>LU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>PROMIGAS/GASES PACIFICO</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>PROSUS NV</name>
        <lei>635400Z5LQ5F9OLVT688</lei>
        <title>Prosus NV</title>
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        <balance>400000.00000000</balance>
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        <invCountry>NL</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-01-21</maturityDt>
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        <name>PROSUS NV</name>
        <lei>635400Z5LQ5F9OLVT688</lei>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>STATE OF QATAR</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>State Street Global Advisors</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Suntrust Adjustable Rate Mortgage Loan Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>SASOL FINANCING USA LLC</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>SAUDI INTERNATIONAL BOND</name>
        <lei>635400FMICXSM3SI3H65</lei>
        <title>Saudi Government International Bonds</title>
        <cusip>80413TAW9</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>SAUDI ARABIAN OIL CO</name>
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        <fairValLevel>2</fairValLevel>
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        <name>SAUDI ARABIAN OIL CO</name>
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        <title>Saudi Arabian Oil Co.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Saxon Asset Securities Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Sequoia Mortgage Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>REPUBLIC OF SERBIA</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>REPUBLIC OF SERBIA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>SIBANYE-STILLWATER UK</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>SOCIEDAD TRANSMISORA MET</name>
        <lei>549300LITZNRC4TB4848</lei>
        <title>Sociedad Transmisora Metropolitana SpA</title>
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        <invCountry>CL</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Soundview Home Equity Loan Trust</name>
        <lei>N/A</lei>
        <title>Soundview Home Loan Trust</title>
        <cusip>83613FAA9</cusip>
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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>KUWAIT INTL BOND</name>
        <lei>549300FSC1YD0D9XX589</lei>
        <title>Kuwait International Government Bonds</title>
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          <isin value="US85704AAA51"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>KW</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Republic of Poland Government International Bonds</name>
        <lei>259400R9L8QEP0TPXS31</lei>
        <title>Republic of Poland Government International Bonds</title>
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          <isin value="US857524AF94"/>
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        <fairValLevel>2</fairValLevel>
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        <lei>259400R9L8QEP0TPXS31</lei>
        <title>Republic of Poland Government International Bonds</title>
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        <fairValLevel>2</fairValLevel>
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        <name>STICHTING ADMINISTRATIEKAN</name>
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        <fairValLevel>3</fairValLevel>
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        <name>Structured Adjustable Rate Mortgage Loan Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Structured Adjustable Rate Mortgage Loan Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>REPUBLIC OF SURINAME INT</name>
        <lei>254900SYU4G5JM13TN77</lei>
        <title>Suriname Government International Bonds</title>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>TBW Mortgage Backed Pass Through Certificates</name>
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        <fairValLevel>2</fairValLevel>
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        <name>TELECOMMUNICATIONS CO TE</name>
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        <fairValLevel>2</fairValLevel>
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        <name>TENGIZCHEVROIL FIN CO IN</name>
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        <title>Tengizchevroil Finance Co. International Ltd.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>THAIOIL TRSRY CENTER</name>
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        <title>Thaioil Treasury Center Co. Ltd.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>TORREY PINES RE LTD</name>
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        <title>Torrey Pines Re Ltd.</title>
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        <invCountry>BM</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-06-07</maturityDt>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <title>Trinidad Generation UnLtd.</title>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>TURKCELL ILETISIM HIZMET</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Turkiye Government International Bonds</name>
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        <title>Turkiye Government International Bonds</title>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>Turkiye Government International Bonds</name>
        <lei>5493000PCHOG3B6S3Q85</lei>
        <title>Turkiye Government International Bonds</title>
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        <invCountry>TR</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-04-16</maturityDt>
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        <name>Turkiye Government International Bonds</name>
        <lei>5493000PCHOG3B6S3Q85</lei>
        <title>Turkiye Government International Bonds</title>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>REPUBLIC OF TURKIYE</name>
        <lei>5493000PCHOG3B6S3Q85</lei>
        <title>Turkiye Government International Bonds</title>
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          <isin value="US900123DV94"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>TURK IHRACAT KR BK</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>TURKIYE VAKIFLAR BANKASI</name>
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        <fairValLevel>2</fairValLevel>
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        <name>UKRAINE GOVERNMENT</name>
        <lei>6354001WLTJXOMEXPY07</lei>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>UKRAINE GOVERNMENT</name>
        <lei>6354001WLTJXOMEXPY07</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>UKRAINE GOVERNMENT</name>
        <lei>6354001WLTJXOMEXPY07</lei>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>UNITED MEXICAN STATES</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>United States Treasury</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>United States Treasury</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Barclays Bank PLC</name>
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        <name>Merrill Lynch Pierce Fenner &amp; Smith, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Deutsche Bank Securities, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>TITULOS DE TESORERIA</name>
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        <name>UNITED MEXICAN STATES</name>
        <lei>254900EGTWEU67VP6075</lei>
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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>MEXICAN UDIBONOS</name>
        <lei>254900EGTWEU67VP6075</lei>
        <title>Mexico Udibonos</title>
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        <fairValLevel>2</fairValLevel>
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        <name>ROMANIA</name>
        <lei>315700IASY927EDWBK92</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>BONOS DE TESORERIA</name>
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        <cusip>000000000</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>ISRAEL ELECTRIC CORP LTD</name>
        <lei>254900JW7GE35YNJGJ55</lei>
        <title>Israel Electric Corp. Ltd.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Egypt Government International Bonds</name>
        <lei>529900GFIVH4086NMH82</lei>
        <title>Egypt Government International Bonds</title>
        <cusip>000000000</cusip>
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          <isin value="XS1775617464"/>
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        <balance>3650000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-02-21</maturityDt>
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        <name>REPUBLIC OF SENEGAL</name>
        <lei>549300NP14ZLQGWIUZ97</lei>
        <title>Senegal Government International Bonds</title>
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          <isin value="XS1790105180"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>REPUBLIC OF SENEGAL</name>
        <lei>549300NP14ZLQGWIUZ97</lei>
        <title>Senegal Government International Bonds</title>
        <cusip>000000000</cusip>
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          <isin value="XS1790104530"/>
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        <invCountry>SN</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>IVORY COAST</name>
        <lei>254900ICW11T82O6H590</lei>
        <title>Ivory Coast Government International Bonds</title>
        <cusip>000000000</cusip>
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          <isin value="XS1796266754"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CI</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-03-22</maturityDt>
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        <name>LEBANESE REPUBLIC</name>
        <lei>529900QPC4K9S1KHL354</lei>
        <title>Lebanon Government International Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS1824238072"/>
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        <balance>10700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2850747.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>LB</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <name>ESKOM HOLDINGS</name>
        <lei>3789001900ED06F65111</lei>
        <title>Eskom Holdings</title>
        <cusip>000000000</cusip>
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          <isin value="XS1864522757"/>
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        <balance>2800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2948351.78000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-08-10</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ESKOM HOLDINGS</name>
        <lei>3789001900ED06F65111</lei>
        <title>Eskom Holdings</title>
        <cusip>000000000</cusip>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>DP WORLD LTD UAE</name>
        <lei>549300M3U2DNF4QVSS04</lei>
        <title>DP World Ltd.</title>
        <cusip>000000000</cusip>
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          <isin value="XS1883879006"/>
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        <balance>1050000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>974607.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AE</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>REPUBLIC OF UZBEKISTAN</name>
        <lei>213800L6VDKUM3TCM927</lei>
        <title>Republic of Uzbekistan International Bonds</title>
        <cusip>000000000</cusip>
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          <isin value="XS1953915136"/>
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        <balance>3400000.00000000</balance>
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        <valUSD>3418011.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>UZ</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>ROMANIA</name>
        <lei>315700IASY927EDWBK92</lei>
        <title>Romania Government International Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS1968706876"/>
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        <balance>1000000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.63000000</annualizedRt>
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      <invstOrSec>
        <name>ROMANIA</name>
        <lei>315700IASY927EDWBK92</lei>
        <title>Romania Government International Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS1970549728"/>
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        <balance>400000.00000000</balance>
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        <invCountry>RO</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>ROMANIA</name>
        <lei>315700IASY927EDWBK92</lei>
        <title>Romania Government International Bonds</title>
        <cusip>000000000</cusip>
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          <isin value="XS1970549561"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ARAB REPUBLIC OF EGYPT</name>
        <lei>529900GFIVH4086NMH82</lei>
        <title>Egypt Government International Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS1980255936"/>
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        <balance>8300000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>EG</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.38000000</annualizedRt>
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      <invstOrSec>
        <name>REPUBLIC OF KENYA</name>
        <lei>549300VVURQQYU45PR87</lei>
        <title>Republic of Kenya Government International Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS1843435840"/>
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        <balance>2400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2416961.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>KE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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      <invstOrSec>
        <name>BONOS DE TESORERIA</name>
        <lei>254900STKLK2DBJJZ530</lei>
        <title>Peru Government Bonds</title>
        <cusip>000000000</cusip>
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          <isin value="PEP01000C5G4"/>
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        <balance>2000000.00000000</balance>
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        <currencyConditional curCd="PEN" exchangeRt="3.41800000"/>
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        <pctVal>0.017296496250</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>PE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-08-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.40000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>REPUBLIC OF SERBIA</name>
        <lei>254900W94OCY91V32O78</lei>
        <title>Serbia International Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2015296549"/>
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        <balance>600000.00000000</balance>
        <units>PA</units>
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        <valUSD>638866.45000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>RS</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>UKRAINE RAIL (RAIL CAPL)</name>
        <lei>213800IW9C7PR3HKI783</lei>
        <title>Ukraine Railways Via Rail Capital Markets PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS1843433472"/>
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        <balance>3900651.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3305801.72000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-09</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ROMANIA</name>
        <lei>315700IASY927EDWBK92</lei>
        <title>Romania Government International Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2027596704"/>
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        <balance>4450000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.87519700"/>
        <valUSD>4536859.70000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>RO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.12000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>KONDOR FINANCE PLC (NAK)</name>
        <lei>213800PUC1T9GI6EIO63</lei>
        <title>NAK Naftogaz Ukraine via Kondor Finance PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2027394233"/>
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        <balance>694637.81000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.87519700"/>
        <valUSD>726229.18000000</valUSD>
        <pctVal>0.021968220615</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.13000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Oman Government International Bonds</name>
        <lei>549300SZ20F0QTKNQC75</lei>
        <title>Oman Government International Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS1944412748"/>
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        <balance>5900000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6089740.17000000</valUSD>
        <pctVal>0.184212861765</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>OM</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>DP WORLD LTD UAE</name>
        <lei>549300M3U2DNF4QVSS04</lei>
        <title>DP World Ltd.</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2056719359"/>
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        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>409427.35000000</valUSD>
        <pctVal>0.012385057773</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-09-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.70000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Bahrain Government International Bonds</name>
        <lei>549300RODM1WN85LFQ95</lei>
        <title>Bahrain Government International Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2058948451"/>
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        <balance>1700000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1613161.55000000</valUSD>
        <pctVal>0.048797665798</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>BH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.63000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NE PROPERTY BV</name>
        <lei>7245006AG9J70KOIJH36</lei>
        <title>NE Property BV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2063535970"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.87519700"/>
        <valUSD>227829.19000000</valUSD>
        <pctVal>0.006891766464</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.88000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>IVORY COAST</name>
        <lei>254900ICW11T82O6H590</lei>
        <title>Ivory Coast Government International Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2064786754"/>
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        <balance>2200000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.87519700"/>
        <valUSD>2592097.55000000</valUSD>
        <pctVal>0.078410193921</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CI</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-10-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.88000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>IVORY COAST</name>
        <lei>254900ICW11T82O6H590</lei>
        <title>Ivory Coast Government International Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2064786911"/>
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        <balance>1700000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.87519700"/>
        <valUSD>1999682.36000000</valUSD>
        <pctVal>0.060489807425</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CI</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-10-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.88000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MDGH GMTN RSC LTD</name>
        <lei>213800WRY6FRL9IXLT77</lei>
        <title>MDGH GMTN RSC Ltd.</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2075923313"/>
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        <balance>2000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1888110.00000000</valUSD>
        <pctVal>0.057114776118</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.88000000</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>Angola Government International Bonds</name>
        <lei>549300QHR2R3J8JSGK83</lei>
        <title>Angola Government International Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2083302419"/>
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        <balance>1116000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1136439.99000000</valUSD>
        <pctVal>0.034376977824</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>AO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.00000000</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>ECUADOR SOCIAL BOND SARL</name>
        <lei>5493006P8FVL2JCVBP02</lei>
        <title>Ecuador Social Bonds SARL</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2106053551"/>
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        <balance>615480.75000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>458840.90000000</valUSD>
        <pctVal>0.013879803230</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>LU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-01-30</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ROMANIA</name>
        <lei>315700IASY927EDWBK92</lei>
        <title>Romania Government International Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2109813142"/>
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        <balance>4000000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.87519700"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>RO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-01-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.38000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Saudi Government International Bonds</name>
        <lei>635400FMICXSM3SI3H65</lei>
        <title>Saudi Government International Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2109770151"/>
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        <balance>4200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2935009.81000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-01-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>REPUBLIC OF GABON</name>
        <lei>N/A</lei>
        <title>Gabon Government International Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2113615228"/>
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        <balance>350000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>301908.92000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>GA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.63000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>REP OF ANGOLA(AVENIR IS)</name>
        <lei>635400VEZIQKZPR7KU35</lei>
        <title>Republic of Angola Via Avenir Issuer II Ireland DAC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="PTAVDAOT0001"/>
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        <balance>6321428.58000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>REPUBLIC OF ARGENTINA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>PLDT INC</name>
        <lei>254900ADE8GQHM5P2648</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>TITULOS DE TESORERIA</name>
        <lei>549300MHDRBVRF6B9117</lei>
        <title>Colombia TES</title>
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          <isin value="COL17CT03680"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-04-18</maturityDt>
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      <invstOrSec>
        <name>TENGIZCHEVROIL FIN CO IN</name>
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        <title>Tengizchevroil Finance Co. International Ltd.</title>
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          <isin value="XS2010030083"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>PROSUS NV</name>
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        <invCountry>NL</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>LEVIATHAN BOND LTD</name>
        <lei>254900D9T8VKYVQNZ220</lei>
        <title>Leviathan Bond Ltd.</title>
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          <isin value="IL0011677825"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>REPUBLIC OF ECUADOR</name>
        <lei>5299003Y2U5XK0A35H71</lei>
        <title>Ecuador Government International Bonds</title>
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        <balance>7764270.00000000</balance>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-31</maturityDt>
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        <name>Ecuador Government International Bonds</name>
        <lei>5299003Y2U5XK0A35H71</lei>
        <title>Ecuador Government International Bonds</title>
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        <balance>10639000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>REPUBLIC OF ECUADOR</name>
        <lei>5299003Y2U5XK0A35H71</lei>
        <title>Ecuador Government International Bonds</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Ecuador Government International Bonds</name>
        <lei>5299003Y2U5XK0A35H71</lei>
        <title>Ecuador Government International Bonds</title>
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        <fairValLevel>2</fairValLevel>
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        <name>REPUBLIC OF ECUADOR</name>
        <lei>5299003Y2U5XK0A35H71</lei>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>None</couponKind>
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        <name>DUBAI GOVT INT'L BONDS</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Bahrain Government International Bonds</name>
        <lei>549300RODM1WN85LFQ95</lei>
        <title>Bahrain Government International Bonds</title>
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        <fairValLevel>2</fairValLevel>
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        <name>KAZMUNAYGAS NATIONAL CO</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CIMA FINANCE LTD</name>
        <lei>213800AALTMFR1SJLJ51</lei>
        <title>CIMA Finance DAC</title>
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        <invCountry>IE</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>KERNEL HOLDING SA</name>
        <lei>5493003GR6L4DZOS2U12</lei>
        <title>Kernel Holding SA</title>
        <cusip>000000000</cusip>
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        <balance>1500000.00000000</balance>
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        <valUSD>1463805.02000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Saudi Arabian Oil Co.</name>
        <lei>5586006WD91QHB7J4X50</lei>
        <title>Saudi Arabian Oil Co.</title>
        <cusip>000000000</cusip>
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          <isin value="XS2262853422"/>
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        <balance>3200000.00000000</balance>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2070-11-24</maturityDt>
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      <invstOrSec>
        <name>IVORY COAST</name>
        <lei>254900ICW11T82O6H590</lei>
        <title>Ivory Coast Government International Bonds</title>
        <cusip>000000000</cusip>
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          <isin value="XS2264871828"/>
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        <issuerCat>NUSS</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-01-30</maturityDt>
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      <invstOrSec>
        <name>ROMANIA</name>
        <lei>315700IASY927EDWBK92</lei>
        <title>Romania Government International Bonds</title>
        <cusip>000000000</cusip>
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          <isin value="XS2262211076"/>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-12-02</maturityDt>
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      <invstOrSec>
        <name>IVORY COAST</name>
        <lei>254900ICW11T82O6H590</lei>
        <title>Ivory Coast Government International Bonds</title>
        <cusip>000000000</cusip>
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          <isin value="XS2264968665"/>
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        <balance>500000.00000000</balance>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>CI</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-30</maturityDt>
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      <invstOrSec>
        <name>REPUBLIC OF INDONESIA</name>
        <lei>529900FWX0GRR7WG5W79</lei>
        <title>Indonesia Government International Bonds</title>
        <cusip>000000000</cusip>
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          <isin value="XS2280331898"/>
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        <balance>3800000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-03-12</maturityDt>
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          <annualizedRt>1.10000000</annualizedRt>
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      <invstOrSec>
        <name>PROSUS NV</name>
        <lei>635400Z5LQ5F9OLVT688</lei>
        <title>Prosus NV</title>
        <cusip>000000000</cusip>
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          <isin value="XS2211183244"/>
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        <balance>500000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-03</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Oman Government International Bonds</name>
        <lei>549300SZ20F0QTKNQC75</lei>
        <title>Oman Government International Bonds</title>
        <cusip>000000000</cusip>
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          <isin value="XS2288906857"/>
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        <balance>6000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6846488.64000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>OM</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-01-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>KINGDOM OF BAHRAIN</name>
        <lei>549300RODM1WN85LFQ95</lei>
        <title>Bahrain Government International Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2290956924"/>
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        <balance>1900000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1837328.90000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>BH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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      <invstOrSec>
        <name>Bahrain Government International Bonds</name>
        <lei>549300RODM1WN85LFQ95</lei>
        <title>Bahrain Government International Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2290957146"/>
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        <balance>4000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3653175.24000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>BH</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-01-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>FORTUNE STAR BVI LTD</name>
        <lei>2549008CU8NYQQRSNU62</lei>
        <title>Fortune Star BVI Ltd.</title>
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          <isin value="XS2281321799"/>
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        <balance>2300000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>CORP</issuerCat>
        <invCountry>VG</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-27</maturityDt>
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        <name>REPUBLIC OF ARMENIA</name>
        <lei>5299000H77JSW90G7935</lei>
        <title>Republic of Armenia International Bonds</title>
        <cusip>000000000</cusip>
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          <isin value="XS2010028939"/>
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        <balance>2600000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>AM</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-02</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Saudi Government International Bonds</name>
        <lei>635400FMICXSM3SI3H65</lei>
        <title>Saudi Government International Bonds</title>
        <cusip>000000000</cusip>
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          <isin value="XS2294323386"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>SA</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2061-02-02</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Egypt Government International Bonds</name>
        <lei>529900GFIVH4086NMH82</lei>
        <title>Egypt Government International Bonds</title>
        <cusip>000000000</cusip>
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          <isin value="XS2297221405"/>
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        <balance>16900000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>EG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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        <name>REPUBLIC OF SERBIA</name>
        <lei>254900W94OCY91V32O78</lei>
        <title>Serbia International Bonds</title>
        <cusip>000000000</cusip>
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          <isin value="XS2308620793"/>
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        <balance>2400000.00000000</balance>
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        <invCountry>RS</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-03-03</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Canada Square Funding</name>
        <lei>6354003L9SFTABM7PV72</lei>
        <title>Canada Square Funding PLC</title>
        <cusip>000000000</cusip>
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          <isin value="XS2306577342"/>
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        <balance>65523.84000000</balance>
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        <assetCat>ABS-MBS</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>5.41000000</annualizedRt>
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        <name>FIN DEPT GOVT SHARJAH</name>
        <lei>254900ZNL8O3F1CLJO24</lei>
        <title>Finance Department Government of Sharjah</title>
        <cusip>000000000</cusip>
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          <isin value="XS2302929901"/>
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        <balance>2950000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2065324.91000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>AE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-03-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.38000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Pakistan Government International Bonds</name>
        <lei>529900LOP29R5WKHOD86</lei>
        <title>Pakistan Government International Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2322319638"/>
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        <balance>3500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3530988.90000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>PK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.38000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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        <name>Chile Government International Bonds</name>
        <lei>549300FLZTJM5YJF8D34</lei>
        <title>Chile Government International Bonds</title>
        <cusip>000000000</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ISLAMIC REP OF PAKISTAN</name>
        <lei>529900LOP29R5WKHOD86</lei>
        <title>Pakistan Government International Bonds</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PAKISTAN WATER &amp; POWER</name>
        <lei>213800UA74QOTK6IES10</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>REPUBLIC OF SENEGAL</name>
        <lei>549300NP14ZLQGWIUZ97</lei>
        <title>Senegal Government International Bonds</title>
        <cusip>000000000</cusip>
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          <isin value="XS2333676133"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>REPUBLIC OF SENEGAL</name>
        <lei>549300NP14ZLQGWIUZ97</lei>
        <title>Senegal Government International Bonds</title>
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          <isin value="XS2333676307"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Rochester Financing</name>
        <lei>213800SDJSX34JWBW675</lei>
        <title>Rochester Financing No. 3 PLC</title>
        <cusip>000000000</cusip>
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          <isin value="XS2348602835"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>OFFICE CHERIFIEN DES PHO</name>
        <lei>213800D26TAPVTCVWG40</lei>
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          <isin value="XS2355149316"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GEORGIAN RAILWAY JSC</name>
        <lei>2138005UZV4ZT2B2ZO19</lei>
        <title>Georgian Railway JSC</title>
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          <isin value="XS2340149439"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>OFFICE CHERIFIEN DES PHO</name>
        <lei>213800D26TAPVTCVWG40</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>TITULOS DE TESORERIA</name>
        <lei>549300MHDRBVRF6B9117</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>FORTUNE STAR BVI LTD</name>
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        <invCountry>VG</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>REPUBLIC OF CAMEROON</name>
        <lei>54930021BO6NHYGBBV24</lei>
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          <isin value="XS2360598630"/>
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        <fairValLevel>2</fairValLevel>
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        <name>QatarEnergy</name>
        <lei>254900QTESJKJ3P87J26</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>QatarEnergy</name>
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        <fairValLevel>2</fairValLevel>
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        <name>QatarEnergy</name>
        <lei>254900QTESJKJ3P87J26</lei>
        <title>QatarEnergy</title>
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        <fairValLevel>2</fairValLevel>
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        <name>UNITED MEXICAN STATES</name>
        <lei>254900EGTWEU67VP6075</lei>
        <title>Mexico Government International Bonds</title>
        <cusip>000000000</cusip>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-08-12</maturityDt>
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          <annualizedRt>2.25000000</annualizedRt>
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        <name>ROMANIA</name>
        <lei>315700IASY927EDWBK92</lei>
        <title>Romania Government International Bonds</title>
        <cusip>000000000</cusip>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-04-13</maturityDt>
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          <annualizedRt>2.88000000</annualizedRt>
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        <name>ROMANIA</name>
        <lei>315700IASY927EDWBK92</lei>
        <title>Romania Government International Bonds</title>
        <cusip>000000000</cusip>
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        <balance>3300000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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        <name>ESKOM HOLDINGS</name>
        <lei>3789001900ED06F65111</lei>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>REPUBLIC OF RWANDA</name>
        <lei>213800DQC28OBRZDYJ87</lei>
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        <curCd>USD</curCd>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>RW</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>PROVINCIA DE BUENOS AIRE</name>
        <lei>549300L6AYROPOTQ4L07</lei>
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          <isin value="XS2385150334"/>
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        <curCd>USD</curCd>
        <valUSD>7522675.05000000</valUSD>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>AR</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>PROVINCIA DE BUENOS AIRE</name>
        <lei>549300L6AYROPOTQ4L07</lei>
        <title>Provincia de Buenos Aires/Government Bonds</title>
        <cusip>000000000</cusip>
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          <isin value="XS2385150508"/>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>AR</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.13000000</annualizedRt>
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      <invstOrSec>
        <name>Hungary Government International Bonds</name>
        <lei>5299003F3UFKGCCMAP43</lei>
        <title>Hungary Government International Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2388586583"/>
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        <balance>1400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>897581.87000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>HU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-09-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.13000000</annualizedRt>
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      <invstOrSec>
        <name>REPUBLIC OF SERBIA</name>
        <lei>254900W94OCY91V32O78</lei>
        <title>Serbia International Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2388561677"/>
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        <balance>500000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>RS</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.00000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Nigeria Government International Bonds</name>
        <lei>549300GSBZD84TNEQ285</lei>
        <title>Nigeria Government International Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2384701020"/>
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        <balance>800000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>808164.21000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>NG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-09-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.38000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Nigeria Government International Bonds</name>
        <lei>549300GSBZD84TNEQ285</lei>
        <title>Nigeria Government International Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2384698994"/>
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        <balance>2900000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2907107.18000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>NG</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.13000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Egypt Government International Bonds</name>
        <lei>529900GFIVH4086NMH82</lei>
        <title>Egypt Government International Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2391398174"/>
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        <balance>1100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1090909.06000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>EG</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>8.75000000</annualizedRt>
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        <name>UZBEKNEFTEGAZ</name>
        <lei>213800LUZJZFLJD4MJ51</lei>
        <title>Uzbekneftegaz JSC</title>
        <cusip>000000000</cusip>
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          <isin value="XS2010026727"/>
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        <balance>2900000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2806765.06000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>UZ</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-16</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>HUNGARY GOVERNMENT BOND</name>
        <lei>5299003F3UFKGCCMAP43</lei>
        <title>Hungary Government Bonds</title>
        <cusip>000000000</cusip>
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          <isin value="HU0000405550"/>
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        <balance>1857100000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>HU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-11-24</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Canada Square Mortgage Funding</name>
        <lei>6354009BNGSKPMISBP18</lei>
        <title>Canada Square Funding 6 PLC</title>
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          <isin value="XS2419722678"/>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-01-17</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.60000000</annualizedRt>
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        <name>ROMANIA</name>
        <lei>315700IASY927EDWBK92</lei>
        <title>Romania Government International Bonds</title>
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          <isin value="XS2434895558"/>
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        <balance>500000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.13000000</annualizedRt>
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        <name>ROMANIA</name>
        <lei>315700IASY927EDWBK92</lei>
        <title>Romania Government International Bonds</title>
        <cusip>000000000</cusip>
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          <isin value="XS2434895806"/>
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        <balance>200000.00000000</balance>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>RO</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-07</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>BOI FINANCE BV</name>
        <lei>724500ZH3H2YACBUNF38</lei>
        <title>BOI Finance BV</title>
        <cusip>000000000</cusip>
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          <isin value="XS2348767323"/>
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        <balance>7800000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-02-16</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>BOI FINANCE BV</name>
        <lei>724500ZH3H2YACBUNF38</lei>
        <title>BOI Finance BV</title>
        <cusip>000000000</cusip>
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          <isin value="XS2348767083"/>
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        <balance>3100000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-02-16</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>ISRAEL ELECTRIC CORP LTD</name>
        <lei>254900JW7GE35YNJGJ55</lei>
        <title>Israel Electric Corp. Ltd.</title>
        <cusip>000000000</cusip>
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          <isin value="IL0060004004"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2771633.37000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>Angola Government International Bonds</name>
        <lei>549300QHR2R3J8JSGK83</lei>
        <title>Angola Government International Bonds</title>
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          <isin value="XS2446175577"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Hungary Government International Bonds</name>
        <lei>5299003F3UFKGCCMAP43</lei>
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        <cusip>000000000</cusip>
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        <curCd>USD</curCd>
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        <invCountry>HU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>TITULOS DE TESORERIA</name>
        <lei>549300MHDRBVRF6B9117</lei>
        <title>Colombia TES</title>
        <cusip>000000000</cusip>
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          <isin value="COL17CT03862"/>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>CO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-02-09</maturityDt>
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          <annualizedRt>13.25000000</annualizedRt>
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        <name>Serbia International Bonds</name>
        <lei>254900W94OCY91V32O78</lei>
        <title>Serbia International Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2580270275"/>
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        <balance>3800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4017709.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>RS</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-09-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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      <invstOrSec>
        <name>Serbia International Bonds</name>
        <lei>254900W94OCY91V32O78</lei>
        <title>Serbia International Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2580269426"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>306088.86000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>RS</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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      <invstOrSec>
        <name>Gaci First Investment Co.</name>
        <lei>558600TU1PWGNLZ3XM88</lei>
        <title>Gaci First Investment Co.</title>
        <cusip>000000000</cusip>
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          <isin value="XS2585988061"/>
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        <balance>7000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6812132.32000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-02-14</maturityDt>
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      <invstOrSec>
        <name>NORTH MACEDONIA</name>
        <lei>635400RD1N6RVNCE4958</lei>
        <title>North Macedonia Government International Bonds</title>
        <cusip>000000000</cusip>
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          <isin value="XS2582522681"/>
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        <invCountry>MK</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-13</maturityDt>
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          <annualizedRt>6.96000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NORTH MACEDONIA</name>
        <lei>635400RD1N6RVNCE4958</lei>
        <title>North Macedonia Government International Bonds</title>
        <cusip>000000000</cusip>
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          <isin value="XS2582524034"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-03-13</maturityDt>
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        <name>GREENSAIF PIPELINES BIDC</name>
        <lei>549300YWDGUXPB8GRP47</lei>
        <title>Greensaif Pipelines Bidco SARL</title>
        <cusip>000000000</cusip>
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          <isin value="XS2542166231"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-02-23</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>GHANA GOVERNMENT BOND</name>
        <lei>213800PP4399SNNXZ126</lei>
        <title>Republic of Ghana Government Bonds</title>
        <cusip>000000000</cusip>
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          <isin value="GHGGOG069923"/>
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        <balance>11796000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>8.50000000</annualizedRt>
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        <name>GHANA GOVERNMENT BOND</name>
        <lei>213800PP4399SNNXZ126</lei>
        <title>Republic of Ghana Government Bonds</title>
        <cusip>000000000</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>GHANA GOVERNMENT BOND</name>
        <lei>213800PP4399SNNXZ126</lei>
        <title>Republic of Ghana Government Bonds</title>
        <cusip>000000000</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>GHANA GOVERNMENT BOND</name>
        <lei>213800PP4399SNNXZ126</lei>
        <title>Republic of Ghana Government Bonds</title>
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          <isin value="GHGGOG069956"/>
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        <fairValLevel>2</fairValLevel>
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        <name>GHANA GOVERNMENT BOND</name>
        <lei>213800PP4399SNNXZ126</lei>
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        <cusip>000000000</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>DOMINICAN REPUBLIC</name>
        <lei>254900EHU7Q8FGVPI369</lei>
        <title>Dominican Republic International Bonds</title>
        <cusip>000000000</cusip>
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          <isin value="XS2587319729"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Bank Gospodarstwa Krajowego</name>
        <lei>259400BCOV9JJIGLYF05</lei>
        <title>Bank Gospodarstwa Krajowego</title>
        <cusip>000000000</cusip>
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        <invCountry>PL</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-05-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.38000000</annualizedRt>
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        <name>BONOS DE TESORERIA</name>
        <lei>254900STKLK2DBJJZ530</lei>
        <title>Peru Government Bonds</title>
        <cusip>000000000</cusip>
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          <isin value="PEP01000C5I0"/>
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        <balance>25700000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>PE</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-08-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.30000000</annualizedRt>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Suci Second Investment Co.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>MDGH GMTN RSC LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>EPH FIN INTERNATIONAL AS</name>
        <lei>3157003E5A4ZV0JCSM65</lei>
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          <isin value="XS2716891440"/>
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        <fairValLevel>2</fairValLevel>
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        <name>NOTA DO TESOURO NACIONAL</name>
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        <title>Brazil Notas do Tesouro Nacional</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Gaci First Investment Co.</name>
        <lei>558600TU1PWGNLZ3XM88</lei>
        <title>Gaci First Investment Co.</title>
        <cusip>000000000</cusip>
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          <isin value="XS2755904799"/>
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        <curCd>USD</curCd>
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        <invCountry>KY</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Ivory Coast Government International Bonds</name>
        <lei>254900ICW11T82O6H590</lei>
        <title>Ivory Coast Government International Bonds</title>
        <cusip>000000000</cusip>
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          <isin value="XS2752065479"/>
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        <balance>1800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1992939.01000000</valUSD>
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        <invCountry>CI</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>TURK IHRACAT KR BK</name>
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        <invCountry>TR</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Republic of Kenya Government International Bonds</name>
        <lei>549300VVURQQYU45PR87</lei>
        <title>Republic of Kenya Government International Bonds</title>
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        <fairValLevel>2</fairValLevel>
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        <name>IRB INFRASTRUCTURE DEVE</name>
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        <title>IRB Infrastructure Developers Ltd.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>YINSON PRODUCTION FINANC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Abu Dhabi Government International Bonds</name>
        <lei>213800FER4348CINTA77</lei>
        <title>Abu Dhabi Government International Bonds</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Abu Dhabi Developmental Holding Co. PJSC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>TURKIYE GOVERNMENT BOND</name>
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        <title>Turkiye Government Bonds</title>
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        <fairValLevel>2</fairValLevel>
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        <name>TURKIYE GOVERNMENT BOND</name>
        <lei>5493000PCHOG3B6S3Q85</lei>
        <title>Turkiye Government Bonds</title>
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        <fairValLevel>2</fairValLevel>
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        <name>ROMANIA</name>
        <lei>315700IASY927EDWBK92</lei>
        <title>Romania Government International Bonds</title>
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        <fairValLevel>2</fairValLevel>
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        <name>ROMANIA</name>
        <lei>315700IASY927EDWBK92</lei>
        <title>Romania Government International Bonds</title>
        <cusip>000000000</cusip>
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          <isin value="XS2829209720"/>
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        <balance>1500000.00000000</balance>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-05-30</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>UZBEKISTAN INTL BOND</name>
        <lei>213800L6VDKUM3TCM927</lei>
        <title>Republic of Uzbekistan International Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2828687769"/>
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        <balance>4900000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>UZ</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-29</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>ROMANIA</name>
        <lei>315700IASY927EDWBK92</lei>
        <title>Romania Government International Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2829811731"/>
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        <balance>4200000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>RO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-05-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.63000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ROMANIA</name>
        <lei>315700IASY927EDWBK92</lei>
        <title>Romania Government International Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2829703680"/>
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        <balance>3100000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>RO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-05-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>EPH FIN INTERNATIONAL AS</name>
        <lei>3157003E5A4ZV0JCSM65</lei>
        <title>EPH Financing International AS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2822505439"/>
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        <balance>4500000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.87519700"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CZ</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.88000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>REPUBLIC OF SENEGAL</name>
        <lei>549300NP14ZLQGWIUZ97</lei>
        <title>Senegal Government International Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2838363476"/>
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        <balance>1300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>701615.55000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>SN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TURKIYE GOVERNMENT BOND</name>
        <lei>5493000PCHOG3B6S3Q85</lei>
        <title>Turkiye Government Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="TRT170528T12"/>
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        <balance>294300000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="TRY" exchangeRt="46.64625000"/>
        <valUSD>6369693.96000000</valUSD>
        <pctVal>0.192681382158</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-17</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>40.76000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BONOS DE TESORERIA</name>
        <lei>254900STKLK2DBJJZ530</lei>
        <title>Peru Government Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="PEP01000C5J8"/>
        </identifiers>
        <balance>6700000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="PEN" exchangeRt="3.41800000"/>
        <valUSD>2105560.27000000</valUSD>
        <pctVal>0.063692583284</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>PE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-08-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.60000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Bank Gospodarstwa Krajowego</name>
        <lei>259400BCOV9JJIGLYF05</lei>
        <title>Bank Gospodarstwa Krajowego</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2851609102"/>
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        <balance>4800000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4923904.32000000</valUSD>
        <pctVal>0.148946667759</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-07-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Bank Gospodarstwa Krajowego</name>
        <lei>259400BCOV9JJIGLYF05</lei>
        <title>Bank Gospodarstwa Krajowego</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2851607403"/>
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        <balance>6000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6240393.72000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Saudi Arabian Oil Co.</name>
        <lei>5586006WD91QHB7J4X50</lei>
        <title>Saudi Arabian Oil Co.</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2861555964"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>939507.42000000</valUSD>
        <pctVal>0.028419825092</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2064-07-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.88000000</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>Saudi Arabian Oil Co.</name>
        <lei>5586006WD91QHB7J4X50</lei>
        <title>Saudi Arabian Oil Co.</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2861551898"/>
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        <balance>3700000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3507426.32000000</valUSD>
        <pctVal>0.106098621911</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-07-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TITULOS DE TESORERIA</name>
        <lei>549300MHDRBVRF6B9117</lei>
        <title>Colombia TES</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="COL17CT03938"/>
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        <balance>2177800000.00000000</balance>
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        <currencyConditional curCd="COP" exchangeRt="3418.22000000"/>
        <valUSD>618122.82000000</valUSD>
        <pctVal>0.018698034795</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-07-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>11.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GREENSAIF PIPELINES BIDC</name>
        <lei>549300YWDGUXPB8GRP47</lei>
        <title>Greensaif Pipelines Bidco SARL</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2850687620"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>612934.66000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-02-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.85000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GREENSAIF PIPELINES BIDC</name>
        <lei>549300YWDGUXPB8GRP47</lei>
        <title>Greensaif Pipelines Bidco SARL</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2850687893"/>
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        <balance>1200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1225627.56000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-08-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.10000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BULGARIA</name>
        <lei>529900PG0XCL4LICL838</lei>
        <title>Bulgaria Government International Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2890420834"/>
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        <balance>2700000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.87519700"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>BG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-09-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.63000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Ukraine Government International Bonds</name>
        <lei>6354001WLTJXOMEXPY07</lei>
        <title>Ukraine Government International Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2895055981"/>
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        <balance>3800000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3207200.00000000</valUSD>
        <pctVal>0.097016863406</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>UA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Bulgaria Government International Bonds</name>
        <lei>529900PG0XCL4LICL838</lei>
        <title>Bulgaria Government International Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2890436087"/>
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        <balance>7000000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <name>Ukraine Government International Bonds</name>
        <lei>6354001WLTJXOMEXPY07</lei>
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        <fairValLevel>2</fairValLevel>
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        <lei>6354001WLTJXOMEXPY07</lei>
        <title>Ukraine Government International Bonds</title>
        <cusip>000000000</cusip>
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        <curCd>USD</curCd>
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        <invCountry>UA</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>Adnoc Murban Rsc Ltd.</name>
        <lei>213800OWGH7RAYG61M70</lei>
        <title>Adnoc Murban Rsc Ltd.</title>
        <cusip>000000000</cusip>
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          <isin value="XS2898198515"/>
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        <curCd>USD</curCd>
        <valUSD>11124891.95000000</valUSD>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-09-11</maturityDt>
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        <name>AVENIR ISSUER III IRLND</name>
        <lei>8945005RPC7GAZ20LN46</lei>
        <title>Avenir Issuer III Ireland DAC</title>
        <cusip>000000000</cusip>
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          <isin value="XS2900280608"/>
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        <curCd>USD</curCd>
        <valUSD>1009799.41000000</valUSD>
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        <invCountry>IE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-22</maturityDt>
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          <annualizedRt>6.00000000</annualizedRt>
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        <name>ROMANIA</name>
        <lei>315700IASY927EDWBK92</lei>
        <title>Romania Government International Bonds</title>
        <cusip>000000000</cusip>
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          <isin value="XS2908644615"/>
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        <balance>1600000.00000000</balance>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>RO</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>AFRICA FINANCE CORP</name>
        <lei>213800LXFHRRXIJRXW97</lei>
        <title>Africa Finance Corp.</title>
        <cusip>000000000</cusip>
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          <isin value="XS2373639579"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-13</maturityDt>
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        <name>Abu Dhabi Developmental Holding Co. PJSC</name>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>AE</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-10-02</maturityDt>
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      <invstOrSec>
        <name>Ghana Government International Bonds</name>
        <lei>213800PP4399SNNXZ126</lei>
        <title>Ghana Government International Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2893165584"/>
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        <balance>2600000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>GH</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-01-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.50000000</annualizedRt>
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      <invstOrSec>
        <name>Ghana Government International Bonds</name>
        <lei>213800PP4399SNNXZ126</lei>
        <title>Ghana Government International Bonds</title>
        <cusip>000000000</cusip>
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          <isin value="XS2893151287"/>
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        <balance>4700000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-03</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Ghana Government International Bonds</name>
        <lei>213800PP4399SNNXZ126</lei>
        <title>Ghana Government International Bonds</title>
        <cusip>000000000</cusip>
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          <isin value="XS2893147251"/>
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        <balance>3500000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.00000000</annualizedRt>
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        <name>CITY OF ULAANBAATAAR MON</name>
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        <title>City of Ulaanbaatar Mongolia</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-08-21</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Republic of South Africa Government International Bonds</name>
        <lei>378900AAFB4F17004C49</lei>
        <title>Republic of South Africa Government International Bonds</title>
        <cusip>000000000</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>SAN MIGUEL GLOBAL POWER</name>
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        <title>San Miguel Global Power Holdings Corp.</title>
        <cusip>000000000</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>REPUBLIC OF NIGERIA</name>
        <lei>549300GSBZD84TNEQ285</lei>
        <title>Nigeria Government International Bonds</title>
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        <fairValLevel>2</fairValLevel>
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        <name>REPUBLIC OF SRI LANKA</name>
        <lei>254900IG6Y30I2QE2R92</lei>
        <title>Sri Lanka Government International Bonds</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Sri Lanka Government International Bonds</name>
        <lei>254900IG6Y30I2QE2R92</lei>
        <title>Sri Lanka Government International Bonds</title>
        <cusip>000000000</cusip>
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        <balance>2100000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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        <name>REPUBLIC OF SRI LANKA</name>
        <lei>254900IG6Y30I2QE2R92</lei>
        <title>Sri Lanka Government International Bonds</title>
        <cusip>000000000</cusip>
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        <balance>4620543.00000000</balance>
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        <invCountry>LK</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-02-15</maturityDt>
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        <name>Sri Lanka Government International Bonds</name>
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        <title>Sri Lanka Government International Bonds</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>REPUBLIC OF SRI LANKA</name>
        <lei>254900IG6Y30I2QE2R92</lei>
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          <isin value="XS2966241528"/>
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        <curCd>USD</curCd>
        <valUSD>3765884.05000000</valUSD>
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        <invCountry>LK</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>Sri Lanka Government International Bonds</name>
        <lei>254900IG6Y30I2QE2R92</lei>
        <title>Sri Lanka Government International Bonds</title>
        <cusip>000000000</cusip>
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          <isin value="XS2966241361"/>
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        <balance>1480000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1512051.19000000</valUSD>
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        <invCountry>LK</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>REPUBLIC OF SRI LANKA</name>
        <lei>254900IG6Y30I2QE2R92</lei>
        <title>Sri Lanka Government International Bonds</title>
        <cusip>000000000</cusip>
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          <isin value="XS2966241874"/>
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        <balance>2009427.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2022397.85000000</valUSD>
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        <invCountry>LK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>REPUBLIC OF SRI LANKA</name>
        <lei>254900IG6Y30I2QE2R92</lei>
        <title>Sri Lanka Government International Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2966242419"/>
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        <balance>1085627.09000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1050506.13000000</valUSD>
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        <invCountry>LK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Sri Lanka Government International Bonds</name>
        <lei>254900IG6Y30I2QE2R92</lei>
        <title>Sri Lanka Government International Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2966242500"/>
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        <balance>1272000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>LK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>SAUDI INTERNATIONAL BOND</name>
        <lei>635400FMICXSM3SI3H65</lei>
        <title>Saudi Government International Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2974923497"/>
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        <balance>21800000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>21952880.13000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.13000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>REPUBLIC OF INDONESIA</name>
        <lei>529900FWX0GRR7WG5W79</lei>
        <title>Indonesia Government International Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2970332552"/>
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        <balance>5200000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.87519700"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.13000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>REPUBLIC OF INDONESIA</name>
        <lei>529900FWX0GRR7WG5W79</lei>
        <title>Indonesia Government International Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2974517075"/>
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        <balance>2700000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.87519700"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.88000000</annualizedRt>
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      <invstOrSec>
        <name>ORLEN SA</name>
        <lei>259400VVMM70CQREJT74</lei>
        <title>ORLEN SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2975119988"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>621707.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-01-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>ARAB REPUBLIC OF EGYPT</name>
        <lei>529900GFIVH4086NMH82</lei>
        <title>Egypt Government International Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2990500766"/>
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        <balance>3900000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4336173.74000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>EG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-02-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.45000000</annualizedRt>
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      <invstOrSec>
        <name>Egypt Government International Bonds</name>
        <lei>529900GFIVH4086NMH82</lei>
        <title>Egypt Government International Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2989586941"/>
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        <balance>6900000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7386458.97000000</valUSD>
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        <invCountry>EG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.63000000</annualizedRt>
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      <invstOrSec>
        <name>REPUBLIC OF GABON</name>
        <lei>N/A</lei>
        <title>Gabon Government International Bonds</title>
        <cusip>000000000</cusip>
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          <isin value="XS3000946437"/>
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        <balance>2600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2486847.38000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>GA</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>9.50000000</annualizedRt>
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        <name>Republic of Kenya Government International Bonds</name>
        <lei>549300VVURQQYU45PR87</lei>
        <title>Republic of Kenya Government International Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS3010561762"/>
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        <balance>800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>851579.81000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>KE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-03-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.50000000</annualizedRt>
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        <name>EGYPT GOVERNMENT BOND</name>
        <lei>529900GFIVH4086NMH82</lei>
        <title>Egypt Government Bonds</title>
        <cusip>000000000</cusip>
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          <isin value="EGBGR06111F1"/>
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        <balance>790100000.00000000</balance>
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        <invCountry>EG</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>21.95000000</annualizedRt>
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        <name>THAMES WATER SUPER SEN</name>
        <lei>635400LBEYCV7F4FC741</lei>
        <title>Thames Water Super Senior Issuer PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS3017976054"/>
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        <balance>119436.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.75389200"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.75000000</annualizedRt>
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      <invstOrSec>
        <name>THAMES WATER SUPER SEN</name>
        <lei>635400LBEYCV7F4FC741</lei>
        <title>Thames Water Super Senior Issuer PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS3017974356"/>
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        <balance>400000.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.75389200"/>
        <valUSD>563547.76000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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        <name>TITULOS DE TESORERIA</name>
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          <isin value="COL17CT04001"/>
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        <fairValLevel>2</fairValLevel>
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        <name>TITULOS DE TESORERIA</name>
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          <isin value="COL17CT03995"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SAUDI ARABIAN OIL CO</name>
        <lei>5586006WD91QHB7J4X50</lei>
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          <isin value="XS3084345241"/>
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        <fairValLevel>2</fairValLevel>
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        <name>BONOS DE TESORERIA</name>
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          <isin value="PEP01000C5K6"/>
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        <invCountry>PE</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-08-12</maturityDt>
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        <name>HUNGARY</name>
        <lei>5299003F3UFKGCCMAP43</lei>
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          <isin value="XS3101499260"/>
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        <fairValLevel>2</fairValLevel>
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        <name>HUNGARY</name>
        <lei>5299003F3UFKGCCMAP43</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HUNGARY</name>
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          <isin value="XS3101499187"/>
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        <fairValLevel>2</fairValLevel>
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        <name>ROMANIA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>TITULOS DE TESORERIA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>The Federal Republic of Nigeria</name>
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        <fairValLevel>2</fairValLevel>
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        <name>KONA SPC LTD</name>
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        <fairValLevel>3</fairValLevel>
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        <name>TITULOS DE TESORERIA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>REPUBLIC OF COLOMBIA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>KAISA GROUP HOLDINGS LTD</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>KAISA GROUP HOLDINGS LTD</name>
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          </dbtSecRefInstruments>
          <currencyInfos>
            <currencyInfo convRatio="1.93830000" curCd="USD"/>
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          <delta>XXXX</delta>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>EGYPT TREASURY BILL</name>
        <lei>529900GFIVH4086NMH82</lei>
        <title>Egypt Treasury Bills</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="EGT9980F9Q17"/>
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        <balance>4000000.00000000</balance>
        <units>PA</units>
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        <pctVal>0.002353357100</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>EG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>KUWAIT INTL BOND</name>
        <lei>549300FSC1YD0D9XX589</lei>
        <title>Kuwait International Government Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS3190721871"/>
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        <balance>2900000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2835529.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>KW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-10-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.65000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>REP ANGOLA AVENIR IV</name>
        <lei>894500E9CKDEAOMG0B46</lei>
        <title>Republic of Angola Via Avenir Issuer IV Ireland DAC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS3179718427"/>
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        <balance>3702689.70000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3795247.91000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>KINGDOM OF BAHRAIN</name>
        <lei>549300RODM1WN85LFQ95</lei>
        <title>Bahrain Government International Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS3198652847"/>
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        <balance>1100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1037168.11000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>BH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-10-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.63000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CBB INTL SUKUK PROG WLL</name>
        <lei>5493006IRJ2IWXTNIM16</lei>
        <title>CBB International Sukuk Programme Co. WLL</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS3197741732"/>
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        <balance>2300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2232248.56000000</valUSD>
        <pctVal>0.067524867059</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>BH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ROMANIA</name>
        <lei>315700IASY927EDWBK92</lei>
        <title>Romania Government International Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS3198384813"/>
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        <balance>2900000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.87519700"/>
        <valUSD>3375105.26000000</valUSD>
        <pctVal>0.102095948488</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>RO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-10-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.13000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>REPUBLIC OF KENYA</name>
        <lei>549300VVURQQYU45PR87</lei>
        <title>Republic of Kenya Government International Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS3196101201"/>
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        <balance>600000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>605832.05000000</valUSD>
        <pctVal>0.018326242592</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>KE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-10-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.88000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>REPUBLIC OF KENYA</name>
        <lei>549300VVURQQYU45PR87</lei>
        <title>Republic of Kenya Government International Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS3196129632"/>
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        <balance>2100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2117520.32000000</valUSD>
        <pctVal>0.064054371303</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>KE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-10-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.80000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ROMANIA</name>
        <lei>315700IASY927EDWBK92</lei>
        <title>Romania Government International Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS3200176298"/>
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        <balance>3000000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.87519700"/>
        <valUSD>3463208.85000000</valUSD>
        <pctVal>0.104761056357</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>RO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-10-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ROMANIA</name>
        <lei>315700IASY927EDWBK92</lei>
        <title>Romania Government International Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS3198387246"/>
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        <balance>4800000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.87519700"/>
        <valUSD>5541189.01000000</valUSD>
        <pctVal>0.167619349367</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>RO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-06-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.38000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SOUTH AFRICAN T-BILLS</name>
        <lei>378900AAFB4F17004C49</lei>
        <title>South Africa Treasury Bills</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ZAM000717560"/>
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        <balance>42400000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="ZAR" exchangeRt="16.38000000"/>
        <valUSD>2543763.18000000</valUSD>
        <pctVal>0.076948093343</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-07</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>REPUBLIC OF ANGOLA</name>
        <lei>549300QHR2R3J8JSGK83</lei>
        <title>Angola Government International Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS3204755543"/>
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        <balance>4600000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4800258.65000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>AO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.88000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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        <name>BANQUE OUEST AFRICAINE D</name>
        <lei>529900LIZJABE4JJS826</lei>
        <title>Banque Ouest Africaine de Developpement</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS3206485487"/>
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        <balance>4700000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.87519700"/>
        <valUSD>5148392.76000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>XX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-10-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</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>EGYPT TREASURY BILL</name>
        <lei>529900GFIVH4086NMH82</lei>
        <title>Egypt Treasury Bills</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="EGT9980DAQ19"/>
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        <balance>29250000.00000000</balance>
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        <currencyConditional curCd="EGP" exchangeRt="49.13000000"/>
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        <assetCat>STIV</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>EG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-13</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>EGYPT TREASURY BILL</name>
        <lei>529900GFIVH4086NMH82</lei>
        <title>Egypt Treasury Bills</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="EGT9980KAQ10"/>
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        <balance>5500000.00000000</balance>
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        <currencyConditional curCd="EGP" exchangeRt="49.13000000"/>
        <valUSD>104628.74000000</valUSD>
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        <assetCat>STIV</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>EG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-20</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SOUTH AFRICAN T-BILLS</name>
        <lei>378900AAFB4F17004C49</lei>
        <title>South Africa Treasury Bills</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ZAM000712249"/>
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        <balance>66800000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="ZAR" exchangeRt="16.38000000"/>
        <valUSD>4053655.27000000</valUSD>
        <pctVal>0.122621888134</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-05</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>REPUBLIC OF KAZAKHSTAN</name>
        <lei>5493007OEK8EF02UO833</lei>
        <title>Kazakhstan Government International Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS3212533262"/>
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        <balance>4400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4333111.73000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>KZ</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.41000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
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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>REPUBLIC OF COLOMBIA</name>
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          <isin value="XS3239891339"/>
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        <fairValLevel>2</fairValLevel>
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        <name>REPUBLIC OF COLOMBIA</name>
        <lei>549300MHDRBVRF6B9117</lei>
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          <isin value="XS3239891503"/>
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        <fairValLevel>2</fairValLevel>
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        <name>REPUBLIC OF COLOMBIA</name>
        <lei>549300MHDRBVRF6B9117</lei>
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          <isin value="XS3239889788"/>
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        <invCountry>CO</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-26</maturityDt>
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        <name>COSTA RICA GOVERNMENT</name>
        <lei>549300S1EK2VN6XVJP58</lei>
        <title>Costa Rica Government International Bonds</title>
        <cusip>000000000</cusip>
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          <isin value="XS3239964581"/>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>CR</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <annualizedRt>5.50000000</annualizedRt>
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        <name>ICBC STANDARD BANK PLC</name>
        <lei>F01VVKN4DRF2NWKGQ283</lei>
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        <assetCat>SN</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
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        <fairValLevel>3</fairValLevel>
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          <maturityDt>2029-12-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>20.00000000</annualizedRt>
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        <name>UKRAINE GOVERNMENT</name>
        <lei>6354001WLTJXOMEXPY07</lei>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <name>COUNTRY GARDEN HLDGS</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>UNITED MEXICAN STATES</name>
        <lei>254900EGTWEU67VP6075</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>UNITED MEXICAN STATES</name>
        <lei>254900EGTWEU67VP6075</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>COSTA RICA GOVERNMENT</name>
        <lei>549300S1EK2VN6XVJP58</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>ISRAEL ELECTRIC CORP LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>SONANGOL FINANCE LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>REPUBLIC OF ECUADOR</name>
        <lei>5299003Y2U5XK0A35H71</lei>
        <title>Ecuador Government International Bonds</title>
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        <issuerCat>NUSS</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>REPUBLIC OF ECUADOR</name>
        <lei>5299003Y2U5XK0A35H71</lei>
        <title>Ecuador Government International Bonds</title>
        <cusip>000000000</cusip>
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        <balance>6900000.00000000</balance>
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        <invCountry>EC</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>REPUBLIC OF CONGO</name>
        <lei>529900BXT90HR4QTB688</lei>
        <title>Congolese International Bonds</title>
        <cusip>000000000</cusip>
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          <isin value="XS3295059367"/>
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        <curCd>USD</curCd>
        <valUSD>2920144.23000000</valUSD>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>CG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-02-17</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>REP ANGOLA AVENIR IV</name>
        <lei>N/A</lei>
        <title>Republic of Angola Via Avenir Issuer IV Ireland DAC</title>
        <cusip>000000000</cusip>
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          <isin value="XS3244863646"/>
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        <curCd>USD</curCd>
        <valUSD>1577989.26000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>IE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-05</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>REPUBLIC OF INDONESIA</name>
        <lei>529900FWX0GRR7WG5W79</lei>
        <title>Indonesia Government International Bonds</title>
        <cusip>000000000</cusip>
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          <isin value="XS3304516027"/>
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        <balance>7000000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>ID</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-03-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.46000000</annualizedRt>
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      <invstOrSec>
        <name>GSG BIDCO LTD</name>
        <lei>984500F49D98F3GDZ668</lei>
        <title>GSG Bidco Ltd.</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS3307311764"/>
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        <balance>1800000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.38000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GSG BIDCO LTD</name>
        <lei>984500F49D98F3GDZ668</lei>
        <title>GSG Bidco Ltd.</title>
        <cusip>000000000</cusip>
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          <isin value="XS3307311251"/>
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        <balance>1700000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.70000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>REP SRPSKA INTL BOND</name>
        <lei>N/A</lei>
        <title>Republic of Srpska International Government Bonds</title>
        <cusip>000000000</cusip>
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          <isin value="XS3327024322"/>
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        <balance>3300000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>BA</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>The Federal Republic of Nigeria</name>
        <lei>549300G1JG004Y3K8S97</lei>
        <title>Nigeria OMO Bills</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="NGO7G1808268"/>
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        <balance>4218500000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>NG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-18</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>The Federal Republic of Nigeria</name>
        <lei>549300G1JG004Y3K8S97</lei>
        <title>Nigeria OMO Bills</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="NGO8G0109260"/>
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        <balance>755000000.00000000</balance>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>NG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FED REPUBLIC OF BRAZIL</name>
        <lei>254900ZFY40OYEADAP90</lei>
        <title>Brazil Government International Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS3344411486"/>
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        <balance>6900000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>ISLAMIC REP OF PAKISTAN</name>
        <lei>529900LOP29R5WKHOD86</lei>
        <title>Pakistan Government International Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS3353905121"/>
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        <balance>8100000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>PK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.98000000</annualizedRt>
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      <invstOrSec>
        <name>QNB FINANCE LTD</name>
        <lei>549300MY0DXTHQEX5O57</lei>
        <title>QNB Finance Ltd.</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS3353858023"/>
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        <balance>9900000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9949722.55000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-27</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.68000000</annualizedRt>
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        <name>COSTA RICA GOVERNMENT</name>
        <lei>549300S1EK2VN6XVJP58</lei>
        <title>Costa Rica Government International Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS3310319762"/>
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        <balance>5200000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-04-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.95000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>REPUBLIC OF SERBIA</name>
        <lei>254900W94OCY91V32O78</lei>
        <title>Serbia International Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS3363430201"/>
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        <balance>3400000.00000000</balance>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>RS</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-05-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.88000000</annualizedRt>
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      <invstOrSec>
        <name>The Federal Republic of Nigeria</name>
        <lei>549300G1JG004Y3K8S97</lei>
        <title>Nigeria OMO Bills</title>
        <cusip>000000000</cusip>
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          <isin value="NGO9H1509266"/>
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        <balance>654000000.00000000</balance>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>NG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>REP SRPSKA INTL BOND</name>
        <lei>N/A</lei>
        <title>Republic of Srpska International Government Bonds</title>
        <cusip>000000000</cusip>
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          <isin value="XS3368832534"/>
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        <balance>5300000.00000000</balance>
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        <invCountry>BA</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-05-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.38000000</annualizedRt>
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        <name>REPUBLIC OF INDONESIA</name>
        <lei>529900FWX0GRR7WG5W79</lei>
        <title>Indonesia Government International Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS3385337996"/>
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        <balance>3400000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-05-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.13000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>KINGDOM OF MOROCCO</name>
        <lei>529900F3MBW9XY5K1X07</lei>
        <title>Morocco Government International Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS3385445021"/>
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        <balance>7400000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.87519700"/>
        <valUSD>8638802.46000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-05-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.13000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <fairValLevel>3</fairValLevel>
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        <fairValLevel>3</fairValLevel>
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        <name>Stepstone Group Midco 2 GmbH/ The</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>3</fairValLevel>
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        <fairValLevel>3</fairValLevel>
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        <fairValLevel>3</fairValLevel>
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        <fairValLevel>3</fairValLevel>
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        <fairValLevel>3</fairValLevel>
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        <fairValLevel>3</fairValLevel>
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        <fairValLevel>3</fairValLevel>
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        <fairValLevel>3</fairValLevel>
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        <fairValLevel>3</fairValLevel>
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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>NIGERIA</name>
        <lei>N/A</lei>
        <title>Nigeria</title>
        <cusip>000000000</cusip>
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        <assetCat>LON</assetCat>
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        <fairValLevel>3</fairValLevel>
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          <maturityDt>2032-12-19</maturityDt>
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      <invstOrSec>
        <name>STATE OIL COMNY OF AZE REBLC</name>
        <lei>2549002HARR1VE257O76</lei>
        <title>State Oil Co. of the Azerbaijan Republic</title>
        <cusip>000000000</cusip>
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          <other otherDesc="Internal Identifier" value="BL28739A9"/>
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        <assetCat>LON</assetCat>
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        <invCountry>AZ</invCountry>
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        <fairValLevel>3</fairValLevel>
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          <maturityDt>2031-03-24</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>IVORY COAST</name>
        <lei>254900ICW11T82O6H590</lei>
        <title>Ivory Coast Government International Bonds</title>
        <cusip>000000000</cusip>
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          <isin value="XS1793329225"/>
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        <invCountry>CI</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-03-22</maturityDt>
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      <invstOrSec>
        <name>Pakistan Government International Bonds</name>
        <lei>529900LOP29R5WKHOD86</lei>
        <title>Pakistan Government International Bonds</title>
        <cusip>000000000</cusip>
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          <isin value="XS1729875598"/>
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        <balance>2400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2424491.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>PK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-05</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Nigeria Government International Bonds</name>
        <lei>549300GSBZD84TNEQ285</lei>
        <title>Nigeria Government International Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS1910827887"/>
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        <balance>650000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>696275.16000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>NG</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>REPUBLIC OF ARGENTINA</name>
        <lei>549300KPBYGYF7HCHO27</lei>
        <title>Argentina Republic Government International Bonds</title>
        <cusip>000000000</cusip>
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          <isin value="XS2177364390"/>
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        <balance>1000000.00000000</balance>
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        <invCountry>AR</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-09</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BENIN INTL GOV BOND</name>
        <lei>635400Q11P6AE5A5Y230</lei>
        <title>Benin Government International Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2286298711"/>
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        <balance>500000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>BJ</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-01-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.88000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>REPUBLIC OF SOUTH AFRICA</name>
        <lei>378900AAFB4F17004C49</lei>
        <title>Republic of South Africa Government Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ZAG000125972"/>
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        <balance>315200000.00000000</balance>
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        <currencyConditional curCd="ZAR" exchangeRt="16.38000000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-02-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.88000000</annualizedRt>
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      <invstOrSec>
        <name>ROMANIA</name>
        <lei>315700IASY927EDWBK92</lei>
        <title>Romania Government International Bonds</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS1313004928"/>
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        <balance>1800000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>RO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-10-29</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ANTOFAGASTA PLC</name>
        <lei>213800MY6QVH4FVLD628</lei>
        <title>Antofagasta PLC</title>
        <cusip>000000000</cusip>
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          <isin value="USG0399BAB39"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-05-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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      <invstOrSec>
        <name>BIOCEANICO SOVEREIGN</name>
        <lei>N/A</lei>
        <title>Bioceanico Sovereign Certificate Ltd.</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="USG11176AA54"/>
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        <balance>1918531.12000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-06-05</maturityDt>
          <couponKind>None</couponKind>
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        <name>STATE OF MINAS GERAIS</name>
        <lei>N/A</lei>
        <title>Brazil Minas SPE via State of Minas Gerais</title>
        <cusip>000000000</cusip>
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          <isin value="USG13201AA91"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>INTEROCEANICA FINANCE V</name>
        <lei>N/A</lei>
        <title>Interoceanica V Finance Ltd.</title>
        <cusip>000000000</cusip>
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          <isin value="USG34072AA93"/>
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        <invCountry>KY</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>FRESNILLO PLC</name>
        <lei>549300JXWH1UV5J0XV81</lei>
        <title>Fresnillo PLC</title>
        <cusip>000000000</cusip>
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          <isin value="USG371E72B25"/>
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        <balance>2000000.00000000</balance>
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        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>LIMA METRO LINE 2 FIN LT</name>
        <lei>5493009BVQNQT1UKQ352</lei>
        <title>Lima Metro Line 2 Finance Ltd.</title>
        <cusip>000000000</cusip>
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          <isin value="USG54897AB28"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-04-05</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>POINSETTIA FINANCE LTD</name>
        <lei>549300P2JTF5JKW10Z65</lei>
        <title>Poinsettia Finance Ltd. SARL</title>
        <cusip>000000000</cusip>
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        <balance>4262500.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>RUTAS 2 &amp; 7 FINANCE LTD</name>
        <lei>N/A</lei>
        <title>Rutas 2 &amp; 7 Finance Ltd.</title>
        <cusip>000000000</cusip>
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          <isin value="USG77265AA73"/>
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        <balance>2288999.45000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1757951.58000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-09-30</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
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        <fairValLevel>3</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Egypt Government International Bonds</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>DP WORLD LTD UAE</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Jordan Government International Bonds</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>Saudi Government International Bonds</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>Saudi Arabian Oil Co.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>LEBANESE REPUBLIC</name>
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        <name>El Salvador Government International Bonds</name>
        <lei>529900AKDMUSFSDOM949</lei>
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        <invCountry>SV</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>BANCO DEL ESTADO -CHILE</name>
        <lei>5493004R4EJC0W0XVQ72</lei>
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        <curCd>USD</curCd>
        <valUSD>634587.00000000</valUSD>
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        <invCountry>CL</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BANCO GENERAL SA</name>
        <lei>549300B5C08LGDFB7205</lei>
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        <curCd>USD</curCd>
        <valUSD>764640.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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        <name>BANCO MERCANTIL DE NORTE</name>
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          <isin value="USP1400MAC21"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-14</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>REPUBLIC OF VENEZUELA</name>
        <lei>529900XM8PJTJK5OJI77</lei>
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        <cusip>000000000</cusip>
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          <isin value="USP17625AB33"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>VE</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>REPUBLIC OF VENEZUELA</name>
        <lei>529900XM8PJTJK5OJI77</lei>
        <title>Venezuela Government International Bonds</title>
        <cusip>000000000</cusip>
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          <isin value="USP17625AD98"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>VE</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-05</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>REPUBLIC OF VENEZUELA</name>
        <lei>529900XM8PJTJK5OJI77</lei>
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        <cusip>000000000</cusip>
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          <isin value="USP17625AE71"/>
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        <curCd>USD</curCd>
        <valUSD>253000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>VE</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-21</maturityDt>
          <couponKind>None</couponKind>
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        <name>COMISION EJ HI RIO LEMPA</name>
        <lei>254900YU43PQQ27Q0E71</lei>
        <title>Comision Ejecutiva Hidroelectrica del Rio Lempa</title>
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        <curCd>USD</curCd>
        <valUSD>1480668.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SV</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>CODELCO INC</name>
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        <curCd>USD</curCd>
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        <invCountry>CL</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-07-17</maturityDt>
          <couponKind>Fixed</couponKind>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-11-04</maturityDt>
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        <name>Corp. Nacional del Cobre de Chile</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>CODELCO INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Dominican Republic International Bonds</name>
        <lei>254900EHU7Q8FGVPI369</lei>
        <title>Dominican Republic International Bonds</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Dominican Republic International Bonds</name>
        <lei>254900EHU7Q8FGVPI369</lei>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>Dominican Republic International Bonds</name>
        <lei>254900EHU7Q8FGVPI369</lei>
        <title>Dominican Republic International Bonds</title>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <curCd>USD</curCd>
        <valUSD>1176978.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>GT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>REPUBLIC OF GUATEMALA</name>
        <lei>529900QKDFFU9UWW5315</lei>
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          <isin value="USP5015VAT37"/>
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        <curCd>USD</curCd>
        <valUSD>926415.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>GT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-06</maturityDt>
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      <invstOrSec>
        <name>INDUSTRIAS PENOLES SAB D</name>
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          <isin value="USP55409AC34"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>INRETAIL CONSUMER</name>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>PE</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>PROVINCIA DE LA RIOJA</name>
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        <curCd>USD</curCd>
        <valUSD>2141557.84000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>AR</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-24</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>NATIONAL GAS CO</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TT</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <name>REPUBLIC OF PARAGUAY</name>
        <lei>529900UXKJTJPCU0HK83</lei>
        <title>Paraguay Government International Bonds</title>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>PY</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-03-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.60000000</annualizedRt>
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      <invstOrSec>
        <name>Paraguay Government International Bonds</name>
        <lei>529900UXKJTJPCU0HK83</lei>
        <title>Paraguay Government International Bonds</title>
        <cusip>000000000</cusip>
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        <curCd>USD</curCd>
        <valUSD>185736.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>PY</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-03-30</maturityDt>
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        <name>REPUBLIC OF PARAGUAY</name>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>REPUBLIC OF PERU</name>
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        <fairValLevel>2</fairValLevel>
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        <name>PETROLEOS DE VENEZUELA S</name>
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        <fairValLevel>2</fairValLevel>
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        <name>PETROLEOS DE VENEZUELA S</name>
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        <fairValLevel>2</fairValLevel>
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        <name>PETROLEOS DE VENEZUELA S</name>
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        <fairValLevel>2</fairValLevel>
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        <name>PETROLEOS DEL PERU SA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>PETROLEOS DEL PERU SA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>TRANSJAMAICAN HIGHWAY</name>
        <lei>254900AWJ3QIGYQ04W45</lei>
        <title>TransJamaican Highway Ltd.</title>
        <cusip>000000000</cusip>
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        <curCd>USD</curCd>
        <valUSD>226128.46000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JM</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>TRUST FIBRAUNO</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Venezuela Government International Bonds</name>
        <lei>529900XM8PJTJK5OJI77</lei>
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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>Barclays Bank PLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Citibank NA</name>
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        <fairValLevel>2</fairValLevel>
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            <swapFlag>Y</swapFlag>
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        <name>Barclays Bank PLC</name>
        <lei>G5GSEF7VJP5I7OUK5573</lei>
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        <fairValLevel>2</fairValLevel>
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            <swapFlag>Y</swapFlag>
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      <invstOrSec>
        <name>Barclays Bank PLC</name>
        <lei>G5GSEF7VJP5I7OUK5573</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Goldman Sachs International</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Bank of America NA</name>
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        <name>Bank of America NA</name>
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        <name>Deutsche Bank AG</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Intercontinental Exchange, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Bank of America NA</name>
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        <name>Citibank NA</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Citibank NA</name>
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        <name>Intercontinental Exchange, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Intercontinental Exchange, Inc.</name>
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        <name>Barclays Bank PLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BNP Paribas SA</name>
        <lei>R0MUWSFPU8MPRO8K5P83</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Barclays Bank PLC</name>
        <lei>G5GSEF7VJP5I7OUK5573</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Citibank NA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Citibank NA</name>
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        <name>Morgan Stanley Capital Services LLC</name>
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        <name>Goldman Sachs International</name>
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        <name>Morgan Stanley Capital Services LLC</name>
        <lei>I7331LVCZKQKX5T7XV54</lei>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Perusahaan Penerbit SBSN Indonesia III</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Petronas Capital Ltd.</name>
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        <name>Indonesia Asahan Aluminium PT/Mineral Industri Indonesia Persero PT</name>
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        <name>FREEPORT INDONESIA PT</name>
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        <curCd>USD</curCd>
        <valUSD>1193161.92000000</valUSD>
        <pctVal>0.036092799642</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.32000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PTTEP TREASURY CENTER CO</name>
        <lei>2549006WFOUPZX6TZG08</lei>
        <title>PTTEP Treasury Center Co. Ltd.</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="USY7150MAG25"/>
        </identifiers>
        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>392550.00000000</valUSD>
        <pctVal>0.011874522864</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.59000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RENEW POWER PVT LTD</name>
        <lei>335800BITJZHVZ1CN475</lei>
        <title>ReNew Pvt Ltd.</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="USY7279WAA90"/>
        </identifiers>
        <balance>600000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>599551.25000000</valUSD>
        <pctVal>0.018136250226</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.88000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>10 RENEW POWER SUBSIDIAR</name>
        <lei>N/A</lei>
        <title>ReNew Wind Energy AP2/ReNew Power Pvt Ltd. other 9 Subsidiaries</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="USY7280PAA13"/>
        </identifiers>
        <balance>3300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3194979.48000000</valUSD>
        <pctVal>0.096647196245</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="A negative balance, which may be due to such circumstances as a net overdraft as of the reporting period-end, is reported as $0 in Item B.2.f - Cash and cash equivalents not reported in Parts C and D. This is done in order to conform to the technical constraints of the XML type, which do not allow negative values in B.2.f." noteItem="B.2.f"/>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
      <explntrNote note="Please see notes to financial statements or N-PORT part F for a glossary of swap paid and received terms." noteItem="C.11.a"/>
      <explntrNote note="The form requires the filer to report ISO country codes and certain supranational entities are not on the ISO country code list. Instruments issued by or economic exposure to a supranational entity may be disclosed as N/A." noteItem="C.5.a"/>
      
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-08-03</ncom:dateSigned>
      <ncom:nameOfApplicant>PIMCO FUNDS</ncom:nameOfApplicant>
      <ncom:signature>Bijal Parikh</ncom:signature>
      <ncom:signerName>Bijal Parikh</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
