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      <invstOrSec>
        <name>Benchmark Mortgage Trust</name>
        <lei>N/A</lei>
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          <isin value="US08160KAB08"/>
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        <curCd>USD</curCd>
        <valUSD>493395.63000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>Sensata Technologies BV</name>
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        <title>Sensata Technologies BV</title>
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        <curCd>USD</curCd>
        <valUSD>236659.81000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>NL</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>COPT Defense Properties</name>
        <lei>YY1J47X6LF9TYY8JY420</lei>
        <title>COPT Defense Properties</title>
        <cusip>22002T108</cusip>
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          <isin value="US22002T1088"/>
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        <balance>310.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>11160.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Whirlpool Corp.</name>
        <lei>WHENKOULSSK7WUM60H03</lei>
        <title>Whirlpool Corp.</title>
        <cusip>963320AV8</cusip>
        <identifiers>
          <isin value="US963320AV88"/>
          <other otherDesc="Inhouse Asset ID" value="1175782"/>
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        <balance>210000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>119144.76000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-06-01</maturityDt>
          <couponKind>Fixed</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>
        <name>Meta Platforms, Inc.</name>
        <lei>BQ4BKCS1HXDV9HN80Z93</lei>
        <title>Meta Platforms, Inc.</title>
        <cusip>30303MAK8</cusip>
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          <isin value="US30303MAK80"/>
          <other otherDesc="Inhouse Asset ID" value="1613282"/>
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        <balance>357000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>328891.39000000</valUSD>
        <pctVal>0.035247659707</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.30000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Towd Point Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Towd Point Mortgage Trust, Series 2024-CES4, Class A1</title>
        <cusip>89182QAA3</cusip>
        <identifiers>
          <isin value="US89182QAA31"/>
          <other otherDesc="Inhouse Asset ID" value="1484259"/>
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        <balance>52372.16000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>52160.25000000</valUSD>
        <pctVal>0.005590072583</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2064-09-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12200080</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>Fluence Energy, Inc.</name>
        <lei>25490043LHZ97BT5PP29</lei>
        <title>Fluence Energy, Inc.</title>
        <cusip>34379V103</cusip>
        <identifiers>
          <isin value="US34379V1035"/>
          <other otherDesc="Inhouse Asset ID" value="1171985"/>
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        <balance>646.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6983.26000000</valUSD>
        <pctVal>0.000748403818</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Shoals Technologies Group, Inc.</name>
        <lei>N/A</lei>
        <title>Shoals Technologies Group, Inc., Class A</title>
        <cusip>82489W107</cusip>
        <identifiers>
          <isin value="US82489W1071"/>
          <other otherDesc="Inhouse Asset ID" value="1131558"/>
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        <balance>1088.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7528.96000000</valUSD>
        <pctVal>0.000806887100</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Apogee Therapeutics, Inc.</name>
        <lei>N/A</lei>
        <title>Apogee Therapeutics, Inc.</title>
        <cusip>03770N101</cusip>
        <identifiers>
          <isin value="US03770N1019"/>
          <other otherDesc="Inhouse Asset ID" value="1280388"/>
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        <balance>86.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>11616.88000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Starling Oncology, Inc.</name>
        <lei>N/A</lei>
        <title>Starling Oncology, Inc.</title>
        <cusip>68236X100</cusip>
        <identifiers>
          <isin value="US68236X1000"/>
          <other otherDesc="Inhouse Asset ID" value="1203996"/>
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        <balance>2116.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>12505.56000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Forward Foreign Currency Contract</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Inhouse Asset ID" value="104555"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>N/A</curCd>
        <valUSD>731.57000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
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        <invCountry>N/A</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Standard Industries, Inc.</name>
        <lei>54930064UHXCIUWVI755</lei>
        <title>Standard Industries, Inc.</title>
        <cusip>853496AG2</cusip>
        <identifiers>
          <isin value="US853496AG21"/>
          <other otherDesc="Inhouse Asset ID" value="1083941"/>
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        <balance>130000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>123673.11000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</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>Biogen, Inc.</name>
        <lei>W8J5WZB5IY3K0NDQT671</lei>
        <title>Biogen, Inc.</title>
        <cusip>09062XAH6</cusip>
        <identifiers>
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        <balance>965000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>874991.88000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.25000000</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>InterDigital, Inc.</name>
        <lei>N/A</lei>
        <title>InterDigital, Inc.</title>
        <cusip>45867G101</cusip>
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          <isin value="US45867G1013"/>
          <other otherDesc="Inhouse Asset ID" value="204530"/>
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        <balance>113.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FNMA or FHLMC</name>
        <lei>N/A</lei>
        <title>Uniform Mortgage-Backed Securities</title>
        <cusip>01F042699</cusip>
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          <isin value="US01F0426993"/>
          <other otherDesc="Inhouse Asset ID" value="1643756"/>
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        <balance>1090000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1023044.95000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-09-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Sonos, Inc.</name>
        <lei>549300WEPU6075I77M08</lei>
        <title>Sonos, Inc.</title>
        <cusip>83570H108</cusip>
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          <isin value="US83570H1086"/>
          <other otherDesc="Inhouse Asset ID" value="919906"/>
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        <balance>3243.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>50590.80000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Enliven Therapeutics, Inc.</name>
        <lei>N/A</lei>
        <title>Enliven Therapeutics, Inc.</title>
        <cusip>29337E102</cusip>
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          <isin value="US29337E1029"/>
          <other otherDesc="Inhouse Asset ID" value="1051253"/>
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        <balance>230.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>13314.70000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Monster Beverage Corp.</name>
        <lei>52990090AP0E7HCB6F33</lei>
        <title>Monster Beverage Corp.</title>
        <cusip>61174X109</cusip>
        <identifiers>
          <isin value="US61174X1090"/>
          <other otherDesc="Inhouse Asset ID" value="606453"/>
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        <balance>20667.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>949028.64000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Chase Home Lending Mortgage Trust</name>
        <lei>529900D1PFVOAYCPMB10</lei>
        <title>Chase Home Lending Mortgage Trust, Series 2025-7, Class A11</title>
        <cusip>16160AAZ2</cusip>
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          <isin value="US16160AAZ21"/>
          <other otherDesc="Inhouse Asset ID" value="1487084"/>
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        <balance>42393.31000000</balance>
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        <curCd>USD</curCd>
        <valUSD>42617.68000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-05-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.04318960</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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        <name>Transocean International Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>D-Wave Quantum, Inc.</name>
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        <name>FHLMC Pool</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Wisconsin Electric Power Co.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Morgan Stanley Capital I Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>JPM USD Treasury CNAV Fund</name>
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        <fairValLevel>1</fairValLevel>
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        <name>K. Hovnanian Enterprises, Inc.</name>
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        <name>Intrepid Potash, Inc.</name>
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        <name>Republic of South Africa</name>
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        <fairValLevel>2</fairValLevel>
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        <name>State Board of Administration Finance Corp.</name>
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        <name>Martin Midstream Partners LP / Martin Midstream Finance Corp.</name>
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        <name>Neptune Bidco US, Inc.</name>
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        <name>OneSpan, Inc.</name>
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        <name>Pertamina Hulu Energi PT</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Tango Therapeutics, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Cal-Maine Foods, Inc.</name>
        <lei>549300NHE5WMIEIEMF53</lei>
        <title>Cal-Maine Foods, Inc.</title>
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        <name>Buffalo Energy Mexico Holdings / Buffalo Energy Infrastructure / Buffalo Energy</name>
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        <name>Muenchener Rueckversicherungs-Gesellschaft AG</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Redevelopment Authority of the City of Philadelphia</name>
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        <name>Calumet Specialty Products Partners LP / Calumet Finance Corp.</name>
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        <name>Balchem Corp.</name>
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        <name>CSAIL Commercial Mortgage Trust</name>
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        <name>Stoke Therapeutics, Inc.</name>
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        <name>Vistra Operations Co. LLC</name>
        <lei>549300ZH5GKBTJZ7NM23</lei>
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        <name>Amazon.com, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Venture Global LNG, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Republic of Indonesia</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Sage Therapeutics, Inc.</name>
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        <name>Bloom Energy Corp.</name>
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        <name>Republic of Ecuador</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New Jersey Resources Corp.</name>
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        <title>New Jersey Resources Corp.</title>
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        <name>Hut 8 Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Oracle Corp.</name>
        <lei>1Z4GXXU7ZHVWFCD8TV52</lei>
        <title>Oracle Corp., Series D</title>
        <cusip>68389X204</cusip>
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        <name>Alimentation Couche-Tard, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Advantest Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Federal Republic of Nigeria</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Haemonetics Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Hyliion Holdings Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Virginia Electric and Power Co.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Wrangler Holdco Corp.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Clearway Energy Operating LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>OPENLANE, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Vita Coco Co., Inc. (The)</name>
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        <fairValLevel>1</fairValLevel>
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        <name>SMBC Aviation Capital Finance DAC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Empresa Nacional del Petroleo</name>
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        <fairValLevel>2</fairValLevel>
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        <name>National Bank of Greece SA</name>
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        <name>Atlas Copco AB</name>
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        <name>Bloomin' Brands, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Oncor Electric Delivery Co. LLC</name>
        <lei>549300SP2X2BS1KERD24</lei>
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        <name>Republic of Ghana</name>
        <lei>213800PP4399SNNXZ126</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>International Container Terminal Services, Inc.</name>
        <lei>254900FU1MWK0I0Q4J61</lei>
        <title>International Container Terminal Services, Inc.</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>Ajinomoto Co., Inc.</name>
        <lei>353800UT0TLROREPIC92</lei>
        <title>Ajinomoto Co., Inc.</title>
        <cusip>N/A</cusip>
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          <isin value="JP3119600009"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Mercantile Bank Corp.</name>
        <lei>P16VZZCKTJ5IONL6XE37</lei>
        <title>Mercantile Bank Corp.</title>
        <cusip>587376104</cusip>
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          <isin value="US5873761044"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>FNMA</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA, 15 Year</title>
        <cusip>3140XBYB0</cusip>
        <identifiers>
          <isin value="US3140XBYB02"/>
          <other otherDesc="Inhouse Asset ID" value="1296206"/>
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        <balance>540090.99600000</balance>
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        <curCd>USD</curCd>
        <valUSD>480442.72000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FNMA</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA, 30 Year</title>
        <cusip>3140XF4G3</cusip>
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          <isin value="US3140XF4G30"/>
          <other otherDesc="Inhouse Asset ID" value="1296328"/>
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        <balance>1026965.22000000</balance>
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        <curCd>USD</curCd>
        <valUSD>817360.42000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Etihad Etisalat Co.</name>
        <lei>2549007BA9ABDE3HVK79</lei>
        <title>Etihad Etisalat Co.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SA000A0DM9P2"/>
          <other otherDesc="Inhouse Asset ID" value="342563"/>
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        <balance>9576.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Republic of Iraq</name>
        <lei>N/A</lei>
        <title>Iraq Government Bond</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS0240295575"/>
          <other otherDesc="Inhouse Asset ID" value="619516"/>
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        <balance>206250.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>205296.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IQ</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.80000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NWPX Infrastructure, Inc.</name>
        <lei>54930056VW2CRCZ9RE54</lei>
        <title>NWPX Infrastructure, Inc.</title>
        <cusip>667746101</cusip>
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          <isin value="US6677461013"/>
          <other otherDesc="Inhouse Asset ID" value="47849"/>
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        <balance>233.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>25611.36000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FNMA or FHLMC</name>
        <lei>N/A</lei>
        <title>Uniform Mortgage-Backed Securities</title>
        <cusip>01F050692</cusip>
        <identifiers>
          <isin value="US01F0506927"/>
          <other otherDesc="Inhouse Asset ID" value="1643791"/>
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        <balance>2920000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2817174.86000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-09-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Ubiquiti, Inc.</name>
        <lei>5299007MITA4DMQCU747</lei>
        <title>Ubiquiti, Inc.</title>
        <cusip>90353W103</cusip>
        <identifiers>
          <isin value="US90353W1036"/>
          <other otherDesc="Inhouse Asset ID" value="516052"/>
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        <balance>407.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>240138.14000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Morgan Stanley</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley</title>
        <cusip>61747YGB5</cusip>
        <identifiers>
          <isin value="US61747YGB56"/>
          <other otherDesc="Inhouse Asset ID" value="1588733"/>
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        <balance>385000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>375902.53000000</valUSD>
        <pctVal>0.040285896388</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-03-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.70800000</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>Republic Services, Inc.</name>
        <lei>NKNQHM6BLECKVOQP7O46</lei>
        <title>Republic Services, Inc.</title>
        <cusip>760759BN9</cusip>
        <identifiers>
          <isin value="US760759BN95"/>
          <other otherDesc="Inhouse Asset ID" value="1633159"/>
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        <balance>121000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>119942.66000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</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>Toyota Auto Receivables Owner Trust</name>
        <lei>N/A</lei>
        <title>Toyota Auto Receivables Owner Trust, Series 2023-B, Class A3</title>
        <cusip>891941AD8</cusip>
        <identifiers>
          <isin value="US891941AD82"/>
          <other otherDesc="Inhouse Asset ID" value="1442401"/>
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        <balance>15833.63000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>15852.58000000</valUSD>
        <pctVal>0.001698938805</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.71000000</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>Kymera Therapeutics, Inc.</name>
        <lei>N/A</lei>
        <title>Kymera Therapeutics, Inc.</title>
        <cusip>501575104</cusip>
        <identifiers>
          <isin value="US5015751044"/>
          <other otherDesc="Inhouse Asset ID" value="1102903"/>
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        <balance>100.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>11881.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Republic of the Philippines</name>
        <lei>529900RAHBALMYIJ3T08</lei>
        <title>Philippines Government Bond</title>
        <cusip>718286CG0</cusip>
        <identifiers>
          <isin value="US718286CG02"/>
          <other otherDesc="Inhouse Asset ID" value="1168637"/>
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        <balance>520000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>511016.20000000</valUSD>
        <pctVal>0.054766180174</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75000000</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>DTE Electric Co.</name>
        <lei>9N0FWODEJVKHC2DYLO03</lei>
        <title>DTE Electric Co., Series A</title>
        <cusip>23338VBB1</cusip>
        <identifiers>
          <isin value="US23338VBB18"/>
          <other otherDesc="Inhouse Asset ID" value="1580058"/>
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        <balance>70000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>66720.00000000</valUSD>
        <pctVal>0.007150457346</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.85000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Ingles Markets, Inc.</name>
        <lei>549300XH5RYBMYP8TF26</lei>
        <title>Ingles Markets, Inc., Class A</title>
        <cusip>457030104</cusip>
        <identifiers>
          <isin value="US4570301048"/>
          <other otherDesc="Inhouse Asset ID" value="236263"/>
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        <balance>368.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>30102.40000000</valUSD>
        <pctVal>0.003226108021</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Carvana Auto Receivables Trust</name>
        <lei>N/A</lei>
        <title>Carvana Auto Receivables Trust, Series 2026-P3, Class A3</title>
        <cusip>14689HAC5</cusip>
        <identifiers>
          <isin value="US14689HAC51"/>
          <other otherDesc="Inhouse Asset ID" value="1645825"/>
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        <balance>722000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>720619.97000000</valUSD>
        <pctVal>0.077229651651</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.76000000</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>
        <name>Axcelis Technologies, Inc.</name>
        <lei>529900HF9B6NL1QG9F05</lei>
        <title>Axcelis Technologies, Inc.</title>
        <cusip>054540208</cusip>
        <identifiers>
          <isin value="US0545402085"/>
          <other otherDesc="Inhouse Asset ID" value="190348"/>
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        <balance>156.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>17991.48000000</valUSD>
        <pctVal>0.001928167121</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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        <fairValLevel>1</fairValLevel>
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        <name>Avolon Holdings Funding Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Hyundai Capital America</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Northwest Natural Holding Co.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Northwest Bancshares, Inc.</name>
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        <name>Doximity, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>ING Groep NV</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Wells Fargo &amp; Co.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Venture Global Calcasieu Pass LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Alumis, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Herc Holdings, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>EPR Properties</name>
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        <name>COMM Mortgage Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Northrop Grumman Corp.</name>
        <lei>RIMU48P07456QXSO0R61</lei>
        <title>Northrop Grumman Corp.</title>
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        <name>Bancorp, Inc. (The)</name>
        <lei>894500FP2ICT1B019Y71</lei>
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        <name>NN Group NV</name>
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        <name>Varex Imaging Corp.</name>
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        <title>Varex Imaging Corp.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Virginia Electric and Power Co.</name>
        <lei>CQKUMNNZVDJLRYV2PT43</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>RWE AG</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Singapore Dollar</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>KLA Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>ENEOS Holdings, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Morgan Stanley</name>
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        <title>Morgan Stanley</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Mid-America Apartment Communities, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Power Finance Corp. Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Argentine Republic (The)</name>
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        <invCountry>AR</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Subaru Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Wells Fargo Commercial Mortgage Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>United States of America</name>
        <lei>254900HROIFWPRGM1V77</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Citigroup Commercial Mortgage Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Financial Institutions, Inc.</name>
        <lei>N/A</lei>
        <title>Financial Institutions, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Chase Auto Owner Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Block Communications, Inc.</name>
        <lei>M5G68A9OHJWIL4SFC742</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>N/A</name>
        <lei>N/A</lei>
        <title>SPI 200 Index</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Federative Republic of Brazil</name>
        <lei>254900ZFY40OYEADAP90</lei>
        <title>Brazil Government Bond</title>
        <cusip>105756CH1</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Sony Group Corp.</name>
        <lei>529900R5WX9N2OI2N910</lei>
        <title>Sony Group Corp.</title>
        <cusip>N/A</cusip>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Bristol-Myers Squibb Co.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Signal Peak CLO 5 Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Ukraine</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Hycroft Mining Holding Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Wyeth LLC</name>
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        <name>ENEL Finance International NV</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
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        <name>WESCO Distribution, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Proto Labs, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Bausch + Lomb Netherlands BV and Bausch &amp; Lomb, Inc.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
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        <name>American Tower Corp.</name>
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        <title>American Tower Corp.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Provincia de Cordoba</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>Hungary</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Georgia Power Co.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Republic of Turkiye (The)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Innodata, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>CCO Holdings LLC / CCO Holdings Capital Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Capstone Copper Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>BX Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>DiamondRock Hospitality Co.</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>IHO Verwaltungs GmbH</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CaixaBank SA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Nissan Auto Receivables Owner Trust</name>
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        <name>Urban Outfitters, Inc.</name>
        <lei>549300N3DUFR5U6NRN38</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>Penn Entertainment, Inc.</name>
        <lei>N/A</lei>
        <title>Penn Entertainment, Inc.</title>
        <cusip>707569AS8</cusip>
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        <balance>75000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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        <name>Eni SpA</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Trustmark Corp.</name>
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        <title>Trustmark Corp.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>CryoPort, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Hon Hai Precision Industry Co. Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Roche Holding AG</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Phillips 66</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Fifth Third Bancorp</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Abercrombie &amp; Fitch Co.</name>
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        <title>Abercrombie &amp; Fitch Co., Class A</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CNA Financial Corp.</name>
        <lei>549300YX2GSZD7YG1R84</lei>
        <title>CNA Financial Corp.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Dominican Republic</name>
        <lei>254900EHU7Q8FGVPI369</lei>
        <title>Dominican Republic Government Bond</title>
        <cusip>N/A</cusip>
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          <isin value="USP3579ECH82"/>
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        <curCd>USD</curCd>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>DO</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>AES Andes SA</name>
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        <title>AES Andes SA</title>
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        <fairValLevel>2</fairValLevel>
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        <name>FHLMC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>N/A</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Asahi Kasei Corp.</name>
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        <title>Asahi Kasei Corp.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Equinix Asia Financing Corp. Pte. Ltd.</name>
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        <invCountry>SG</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>JPMorgan Chase &amp; Co.</name>
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        <title>JPMorgan Chase &amp; Co.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Sanofi SA</name>
        <lei>549300E9PC51EN656011</lei>
        <title>Sanofi SA</title>
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        <invCountry>FR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Banc of California, Inc.</name>
        <lei>549300ZKWUJDP6LJ1X87</lei>
        <title>Banc of California, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>GNMA</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GNMA II, Single-family, 30 Year</title>
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        <curCd>USD</curCd>
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        <name>Virginia Electric and Power Co.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Waste Connections, Inc.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Massachusetts Mutual Life Insurance Co.</name>
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        <name>Apple, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Atkore, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Asurion LLC / Asurion Co-Issuer, Inc.</name>
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        <name>Seagate Data Storage Technology Pte. Ltd.</name>
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        <name>Charles Schwab Corp. (The)</name>
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        <name>Satellogic, Inc.</name>
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        <name>FHLMC</name>
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        <name>Station Place Securitization Trust</name>
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        <fairValLevel>2</fairValLevel>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NVIDIA Corp.</name>
        <lei>549300S4KLFTLO7GSQ80</lei>
        <title>NVIDIA Corp.</title>
        <cusip>67066GAT1</cusip>
        <identifiers>
          <isin value="US67066GAT13"/>
          <other otherDesc="Inhouse Asset ID" value="1626833"/>
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        <balance>360000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>342359.92000000</valUSD>
        <pctVal>0.036691097196</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.95000000</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>Pilgrim's Pride Corp.</name>
        <lei>549300ZSLGV64ZL3HD75</lei>
        <title>Pilgrim's Pride Corp.</title>
        <cusip>72147KAK4</cusip>
        <identifiers>
          <isin value="US72147KAK43"/>
          <other otherDesc="Inhouse Asset ID" value="1244923"/>
        </identifiers>
        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>103453.60000000</valUSD>
        <pctVal>0.011087238520</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-07-01</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>
      <invstOrSec>
        <name>Howmet Aerospace, Inc.</name>
        <lei>549300HO5WFZUT5N2T22</lei>
        <title>Howmet Aerospace, Inc.</title>
        <cusip>443201AB4</cusip>
        <identifiers>
          <isin value="US443201AB48"/>
          <other otherDesc="Inhouse Asset ID" value="1188427"/>
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        <balance>37000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>35538.09000000</valUSD>
        <pctVal>0.003808657024</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Alphabet, Inc.</name>
        <lei>5493006MHB84DD0ZWV18</lei>
        <title>Alphabet, Inc., Series A</title>
        <cusip>02079K404</cusip>
        <identifiers>
          <isin value="US02079K4040"/>
          <other otherDesc="Inhouse Asset ID" value="1623156"/>
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        <balance>4543.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>220153.78000000</valUSD>
        <pctVal>0.023594127899</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Recruit Holdings Co. Ltd.</name>
        <lei>353800R2LRSMVVC4I806</lei>
        <title>Recruit Holdings Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3970300004"/>
          <other otherDesc="Inhouse Asset ID" value="588726"/>
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        <balance>5700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.75000000"/>
        <valUSD>645546.14000000</valUSD>
        <pctVal>0.069183904960</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Kirin Holdings Co. Ltd.</name>
        <lei>353800GBVL72LLMTYM96</lei>
        <title>Kirin Holdings Co. Ltd.</title>
        <cusip>497350108</cusip>
        <identifiers>
          <isin value="JP3258000003"/>
          <other otherDesc="Inhouse Asset ID" value="39399"/>
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        <balance>9300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.75000000"/>
        <valUSD>177550.66000000</valUSD>
        <pctVal>0.019028303673</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
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      <invstOrSec>
        <name>Komatsu Ltd.</name>
        <lei>5493004LQ0B4T7QPQV17</lei>
        <title>Komatsu Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3304200003"/>
          <other otherDesc="Inhouse Asset ID" value="28506"/>
        </identifiers>
        <balance>2400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.75000000"/>
        <valUSD>110993.33000000</valUSD>
        <pctVal>0.011895279854</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Citigroup, Inc.</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>Citigroup, Inc., Series GG</title>
        <cusip>17327CBC6</cusip>
        <identifiers>
          <isin value="US17327CBC64"/>
          <other otherDesc="Inhouse Asset ID" value="1498161"/>
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        <balance>532000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>539417.14000000</valUSD>
        <pctVal>0.057809940816</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>S&amp;P/TSX 60 Index</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Inhouse Asset ID" value="1547162"/>
          <other otherDesc="Future Ticker" value="PTU6 Index"/>
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        <balance>45.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="CAD" exchangeRt="1.38595000"/>
        <valUSD>471890.31000000</valUSD>
        <pctVal>0.050573014593</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Future" issuerCat="OTHER"/>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Canadian Derivatives Clearing</counterpartyName>
              <counterpartyLei>5493004XJK1P32XQLA57</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>S&amp;P/TSX 60 Index</indexName>
                <indexIdentifier>XC0009654721</indexIdentifier>
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            <expDate>2026-09-17</expDate>
            <notionalAmt>19158300.00000000</notionalAmt>
            <curCd>CAD</curCd>
            <unrealizedAppr>471890.31000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CCO Holdings LLC / CCO Holdings Capital Corp.</name>
        <lei>N/A</lei>
        <title>CCO Holdings LLC / CCO Holdings Capital Corp.</title>
        <cusip>1248EPCU5</cusip>
        <identifiers>
          <isin value="US1248EPCU56"/>
          <other otherDesc="Inhouse Asset ID" value="1560617"/>
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        <balance>60000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>58612.10000000</valUSD>
        <pctVal>0.006281524595</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FNMA</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA, Series 2024-77, Class DF</title>
        <cusip>3136BTWY5</cusip>
        <identifiers>
          <isin value="US3136BTWY58"/>
          <other otherDesc="Inhouse Asset ID" value="1482703"/>
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        <balance>109329.80900000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>110355.78000000</valUSD>
        <pctVal>0.011826952904</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-10-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.84319160</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>adidas AG</name>
        <lei>549300JSX0Z4CW0V5023</lei>
        <title>adidas AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A1EWWW0"/>
          <other otherDesc="Inhouse Asset ID" value="59218"/>
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        <balance>929.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.86091860"/>
        <valUSD>162711.88000000</valUSD>
        <pctVal>0.017438014952</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Warrior Met Coal, Inc.</name>
        <lei>549300152B1S9YKBYV79</lei>
        <title>Warrior Met Coal, Inc.</title>
        <cusip>93627C101</cusip>
        <identifiers>
          <isin value="US93627C1018"/>
          <other otherDesc="Inhouse Asset ID" value="805562"/>
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        <balance>311.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>33662.64000000</valUSD>
        <pctVal>0.003607662941</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FNMA or FHLMC</name>
        <lei>N/A</lei>
        <title>Uniform Mortgage-Backed Securities</title>
        <cusip>01F040693</cusip>
        <identifiers>
          <isin value="US01F0406938"/>
          <other otherDesc="Inhouse Asset ID" value="1643350"/>
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        <balance>3590000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3276155.49000000</valUSD>
        <pctVal>0.351109263942</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-09-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Neuberger Berman Loan Advisers CLO 43 Ltd.</name>
        <lei>549300N83MM16HCONB28</lei>
        <title>Neuberger Berman Loan Advisers CLO 43 Ltd., Series 2021-43A, Class AR</title>
        <cusip>64134AAJ1</cusip>
        <identifiers>
          <isin value="US64134AAJ16"/>
          <other otherDesc="Inhouse Asset ID" value="1583791"/>
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        <balance>2000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2001279.76000000</valUSD>
        <pctVal>0.214479399900</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-17</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.79952000</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>Toll Brothers, Inc.</name>
        <lei>529900JB6IS9MSZGVR44</lei>
        <title>Toll Brothers, Inc.</title>
        <cusip>889478103</cusip>
        <identifiers>
          <isin value="US8894781033"/>
          <other otherDesc="Inhouse Asset ID" value="197694"/>
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        <balance>1511.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>216752.95000000</valUSD>
        <pctVal>0.023229657128</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FHLMC</name>
        <lei>5493000ISOMSKCX2AW62</lei>
        <title>FHLMC STACR REMIC Trust, Series 2021-DNA7, Class M2</title>
        <cusip>35564KMH9</cusip>
        <identifiers>
          <isin value="US35564KMH94"/>
          <other otherDesc="Inhouse Asset ID" value="1176018"/>
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        <balance>102953.99000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>103063.31000000</valUSD>
        <pctVal>0.011045410702</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-11-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.44318920</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>Southern Missouri Bancorp, Inc.</name>
        <lei>N/A</lei>
        <title>Southern Missouri Bancorp, Inc.</title>
        <cusip>843380106</cusip>
        <identifiers>
          <isin value="US8433801060"/>
          <other otherDesc="Inhouse Asset ID" value="507092"/>
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        <balance>156.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>11480.04000000</valUSD>
        <pctVal>0.001230328782</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KNDR Trust</name>
        <lei>N/A</lei>
        <title>KNDR Trust, Series 2026-KIND, Class A</title>
        <cusip>498819AA9</cusip>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Flutter Treasury DAC</name>
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        <name>Arab Republic of Egypt</name>
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      <invstOrSec>
        <name>Mueller Water Products, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>MGIC Investment Corp.</name>
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        <title>MGIC Investment Corp.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Johnson &amp; Johnson</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Moelis &amp; Co.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Kenvue, Inc.</name>
        <lei>5493008HSF8L4M2LIJ82</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Tokyo Gas Co. Ltd.</name>
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        <title>Tokyo Gas Co. Ltd.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Merck &amp; Co., Inc.</name>
        <lei>4YV9Y5M8S0BRK1RP0397</lei>
        <title>Merck &amp; Co., Inc.</title>
        <cusip>58933Y105</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>BMO Mortgage Trust</name>
        <lei>N/A</lei>
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          <isin value="US05615BAD38"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Digicel International Finance Ltd. / DIFL US LLC</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Mastercard, Inc.</name>
        <lei>AR5L2ODV9HN37376R084</lei>
        <title>Mastercard, Inc., Class A</title>
        <cusip>57636Q104</cusip>
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          <isin value="US57636Q1040"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>FNMA or FHLMC</name>
        <lei>N/A</lei>
        <title>Uniform Mortgage-Backed Securities</title>
        <cusip>01F020695</cusip>
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          <isin value="US01F0206957"/>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Honda Auto Receivables Owner Trust</name>
        <lei>N/A</lei>
        <title>Honda Auto Receivables Owner Trust, Series 2026-1, Class A2A</title>
        <cusip>43815CAB4</cusip>
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          <other otherDesc="Inhouse Asset ID" value="1576887"/>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Jefferson Capital Holdings LLC</name>
        <lei>N/A</lei>
        <title>Jefferson Capital Holdings LLC</title>
        <cusip>472481AC4</cusip>
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          <isin value="US472481AC47"/>
          <other otherDesc="Inhouse Asset ID" value="1467569"/>
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        <balance>925000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Innospec, Inc.</name>
        <lei>213800SQBACNY5IWJO68</lei>
        <title>Innospec, Inc.</title>
        <cusip>45768S105</cusip>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>Barclays plc</name>
        <lei>213800LBQA1Y9L22JB70</lei>
        <title>Barclays plc</title>
        <cusip>N/A</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Fluor Corp.</name>
        <lei>CQ7WZ4NOFWT7FAE6Q943</lei>
        <title>Fluor Corp.</title>
        <cusip>343412102</cusip>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>N/A</name>
        <lei>N/A</lei>
        <title>Forward Foreign Currency Contract</title>
        <cusip>N/A</cusip>
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          <other otherDesc="Inhouse Asset ID" value="120307"/>
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        <balance>1.00000000</balance>
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        <curCd>N/A</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Lloyds Banking Group plc</name>
        <lei>549300PPXHEU2JF0AM85</lei>
        <title>Lloyds Banking Group plc</title>
        <cusip>N/A</cusip>
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          <isin value="GB0008706128"/>
          <other otherDesc="Inhouse Asset ID" value="35701"/>
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        <balance>309296.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Imperial Brands Finance plc</name>
        <lei>2138008L3B3MCG1DFS50</lei>
        <title>Imperial Brands Finance plc</title>
        <cusip>45262BAH6</cusip>
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          <other otherDesc="Inhouse Asset ID" value="1369812"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>405647.64000000</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>2034-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>PetSmart LLC / PetSmart Finance Corp.</name>
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        <name>FHLMC</name>
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        <name>Neuberger Berman Loan Advisers CLO 45 Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Oracle Corp.</name>
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        <name>BofA Auto Trust</name>
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        <name>Ashton Woods USA LLC / Ashton Woods Finance Co.</name>
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        <name>Baldwin Insurance Group, Inc. (The)</name>
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        <name>Directv Financing LLC / Directv Financing Co-Obligor, Inc.</name>
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        <name>CHS/Community Health Systems, Inc.</name>
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        <name>Ecopetrol SA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>J.P. Morgan Mortgage Trust</name>
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        <name>Hims &amp; Hers Health, Inc.</name>
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        <name>Theravance Biopharma, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Howmet Aerospace, Inc.</name>
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        <name>FHLMC</name>
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        <name>KB Home</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Cargurus, Inc.</name>
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        <name>Republic of Costa Rica</name>
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        <name>JBS NV / JBS USA Foods Group Holdings, Inc. / JBS USA Food Co. Holdings</name>
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        <name>Vistra Corp.</name>
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        <name>Bausch + Lomb Corp.</name>
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        <name>Carter Bankshares, Inc.</name>
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        <name>BANK5 Trust</name>
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        <name>Teekay Tankers Ltd.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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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>Hyosung Heavy Industries Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Glencore Funding LLC</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Korn Ferry</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Jones Deslauriers Insurance Management, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Rain Carbon, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FNMA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>McEwen, Inc.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>Medline Borrower LP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>EquipmentShare.com, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Republic of Ghana</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Venture XIX CLO Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CANPACK Group, Inc. / CANPACK SA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Cushman &amp; Wakefield Ltd.</name>
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        <name>OceanFirst Financial Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Republic of Trinidad &amp; Tobago</name>
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        <invCountry>TT</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Argentine Republic (The)</name>
        <lei>549300KPBYGYF7HCHO27</lei>
        <title>Argentina Government Bond</title>
        <cusip>040114HT0</cusip>
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          <isin value="US040114HT09"/>
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        <curCd>USD</curCd>
        <valUSD>227250.00000000</valUSD>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>AR</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Marvell Technology, Inc.</name>
        <lei>254900WVU0BM7ZCJ9E93</lei>
        <title>Marvell Technology, Inc.</title>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>United Parcel Service, Inc.</name>
        <lei>D01LMJZU09ULLNCY6Z23</lei>
        <title>United Parcel Service, Inc., Class B</title>
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          <isin value="US9113121068"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Merck &amp; Co., Inc.</name>
        <lei>4YV9Y5M8S0BRK1RP0397</lei>
        <title>Merck &amp; Co., Inc.</title>
        <cusip>58933YBY0</cusip>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>FNMA or FHLMC</name>
        <lei>N/A</lei>
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        <cusip>01F052698</cusip>
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          <isin value="US01F0526982"/>
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        <balance>3000000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Fifth Third Bancorp</name>
        <lei>THRNG6BD57P9QWTQLG42</lei>
        <title>Fifth Third Bancorp</title>
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        <curCd>USD</curCd>
        <valUSD>243807.74000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GNMA</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
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        <cusip>36179YKM5</cusip>
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          <isin value="US36179YKM56"/>
          <other otherDesc="Inhouse Asset ID" value="1380711"/>
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        <curCd>USD</curCd>
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        <issuerCat>USGA</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Thales SA</name>
        <lei>529900FNDVTQJOVVPZ19</lei>
        <title>Thales SA</title>
        <cusip>N/A</cusip>
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          <isin value="FR0000121329"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>Boeing Co. (The)</name>
        <lei>RVHJWBXLJ1RFUBSY1F30</lei>
        <title>Boeing Co. (The)</title>
        <cusip>097023AX3</cusip>
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        <balance>480000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>523801.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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        <name>Cathay General Bancorp</name>
        <lei>549300K1SLJ8C97H5L68</lei>
        <title>Cathay General Bancorp</title>
        <cusip>149150104</cusip>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>UBS Group AG</name>
        <lei>549300SZJ9VS8SGXAN81</lei>
        <title>UBS Group AG</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CH0244767585"/>
          <other otherDesc="Inhouse Asset ID" value="591821"/>
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        <balance>11358.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Magnite, Inc.</name>
        <lei>54930018FR2YX1HHSB02</lei>
        <title>Magnite, Inc.</title>
        <cusip>55955D100</cusip>
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          <isin value="US55955D1000"/>
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        <balance>718.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>Simon Property Group, Inc.</name>
        <lei>529900GQL5X8H7AO3T64</lei>
        <title>Simon Property Group, Inc.</title>
        <cusip>828806109</cusip>
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        <balance>950.00000000</balance>
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        <valUSD>201704.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Benchmark Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Benchmark Mortgage Trust, Series 2019-B13, Class A2</title>
        <cusip>08162DAB4</cusip>
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          <isin value="US08162DAB47"/>
          <other otherDesc="Inhouse Asset ID" value="1537044"/>
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        <balance>145188.97900000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2057-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.88900000</annualizedRt>
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      <invstOrSec>
        <name>Regal Rexnord Corp.</name>
        <lei>QH78R09VCJGQKPBPYU33</lei>
        <title>Regal Rexnord Corp.</title>
        <cusip>758750AP8</cusip>
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        <balance>450000.00000000</balance>
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        <valUSD>467568.59000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>6.40000000</annualizedRt>
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      <invstOrSec>
        <name>Verizon Communications, Inc.</name>
        <lei>2S72QS2UO2OESLG6Y829</lei>
        <title>Verizon Communications, Inc.</title>
        <cusip>92343VGZ1</cusip>
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          <other otherDesc="Inhouse Asset ID" value="1456845"/>
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        <balance>255000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>248774.76000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-04-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Cleveland-Cliffs, Inc.</name>
        <lei>549300TM2WLI2BJMDD86</lei>
        <title>Cleveland-Cliffs, Inc.</title>
        <cusip>185899AL5</cusip>
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          <isin value="US185899AL57"/>
          <other otherDesc="Inhouse Asset ID" value="1188655"/>
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        <balance>140000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>129870.94000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</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>ONEOK, Inc.</name>
        <lei>2T3D6M0JSY48PSZI1Q41</lei>
        <title>ONEOK, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>AptarGroup, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Wells Fargo Commercial Mortgage Trust</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>American Tower Corp.</name>
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        <title>American Tower Corp.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>United Community Banks, Inc.</name>
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        <title>United Community Banks, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Outfront Media Capital LLC / Outfront Media Capital Corp.</name>
        <lei>N/A</lei>
        <title>Outfront Media Capital LLC / Outfront Media Capital Corp.</title>
        <cusip>69007TAG9</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>KKR CLO 43 Ltd.</name>
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        <cusip>48255UAW4</cusip>
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        <invCountry>JE</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Boise Cascade Co.</name>
        <lei>549300Z8B8LSRHC7XA55</lei>
        <title>Boise Cascade Co.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Forward Foreign Currency Contract</title>
        <cusip>N/A</cusip>
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        <curCd>N/A</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Chobani LLC / Chobani Finance Corp., Inc.</name>
        <lei>N/A</lei>
        <title>Chobani LLC / Chobani Finance Corp., Inc.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>J.P. Morgan Mortgage Trust</name>
        <lei>529900FDW9QWEZPAFE21</lei>
        <title>J.P. Morgan Mortgage Trust, Series 2025-HE3, Class A1</title>
        <cusip>46660CAA5</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Republic of Costa Rica</name>
        <lei>549300S1EK2VN6XVJP58</lei>
        <title>Costa Rica Government Bond</title>
        <cusip>N/A</cusip>
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          <other otherDesc="Inhouse Asset ID" value="1124458"/>
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        <invCountry>CR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>7.15800000</annualizedRt>
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      <invstOrSec>
        <name>CVS Health Corp.</name>
        <lei>549300EJG376EN5NQE29</lei>
        <title>CVS Health Corp.</title>
        <cusip>126650EH9</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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        <name>IHO Verwaltungs GmbH</name>
        <lei>529900JL0HDVGZMUJF32</lei>
        <title>IHO Verwaltungs GmbH</title>
        <cusip>44963BAJ7</cusip>
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        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Argentine Republic (The)</name>
        <lei>549300KPBYGYF7HCHO27</lei>
        <title>Argentina Government Bond</title>
        <cusip>040114HS2</cusip>
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          <isin value="US040114HS26"/>
          <other otherDesc="Inhouse Asset ID" value="1105888"/>
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        <balance>70400.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>AR</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Clear Channel Outdoor Holdings, Inc.</name>
        <lei>254900XBEE6V1ENYS150</lei>
        <title>Clear Channel Outdoor Holdings, Inc., First Lien, 2024 Refinancing CME Term Loan</title>
        <cusip>18452RAF2</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Eni SpA</name>
        <lei>BUCRF72VH5RBN7X3VL35</lei>
        <title>Eni SpA</title>
        <cusip>N/A</cusip>
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          <isin value="IT0003132476"/>
          <other otherDesc="Inhouse Asset ID" value="182568"/>
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        <balance>3177.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Novelis Corp.</name>
        <lei>549300G5F3W3B52WYL23</lei>
        <title>Novelis Corp.</title>
        <cusip>670001AL0</cusip>
        <identifiers>
          <isin value="US670001AL04"/>
          <other otherDesc="Inhouse Asset ID" value="1434635"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>256995.00000000</valUSD>
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        <name>Forum Energy Technologies, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Panasonic Holdings Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Praxis Precision Medicines, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>KazMunayGas National Co. JSC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Illumina, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>HF Sinclair Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Twist Bioscience Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Bank of America Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>NU Holdings Ltd.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>Guidewire Software, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FHLMC</name>
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        <name>Credit Acceptance Corp.</name>
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        <name>N/A</name>
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        <name>Clear Channel Outdoor Holdings, Inc.</name>
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        <name>Mars, Inc.</name>
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        <name>Scientific Games Holdings LP / Scientific Games US FinCo, Inc.</name>
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        <name>MPT Operating Partnership LP / MPT Finance Corp.</name>
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        <title>MPT Operating Partnership LP / MPT Finance Corp.</title>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Talen Energy Corp.</name>
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        <name>QBE Insurance Group Ltd.</name>
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        <name>Airbus SE</name>
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        <name>Jones Lang LaSalle, Inc.</name>
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        <name>FNMA</name>
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        <name>Daiichi Sankyo Co. Ltd.</name>
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        <name>PG&amp;E Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Keurig Dr. Pepper, Inc.</name>
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        <name>Kinetik Holdings LP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Newmont Corp.</name>
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        <name>A&amp;K Travel Group Holdings Ltd.</name>
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        <name>VAT Group AG</name>
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        <name>Powszechny Zaklad Ubezpieczen SA</name>
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        <name>Oncor Electric Delivery Co. LLC</name>
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        <name>Exelixis, Inc.</name>
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        <name>Blue Bird Corp.</name>
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        <name>Commercial Metals Co.</name>
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        <name>KKR &amp; Co., Inc.</name>
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        <name>Bank Leumi Le-Israel BM</name>
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        <fairValLevel>2</fairValLevel>
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        <name>NCL Corp. Ltd.</name>
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        <invCountry>BM</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>KKR Group Finance Co. VI LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Rivers Enterprise Borrower LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Evergy Missouri West, Inc.</name>
        <lei>EZIFUDC0VSUS6T6LCG85</lei>
        <title>Evergy Missouri West, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Boeing Co. (The)</name>
        <lei>RVHJWBXLJ1RFUBSY1F30</lei>
        <title>Boeing Co. (The)</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2060-05-01</maturityDt>
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        <name>FNMA</name>
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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>United Airlines, Inc.</name>
        <lei>K1OQBWM7XEOO08LDNP29</lei>
        <title>United Airlines, Inc.</title>
        <cusip>90932LAH0</cusip>
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        <curCd>USD</curCd>
        <valUSD>93616.05000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>EFMT</name>
        <lei>254900CD2QA4YMZIVN66</lei>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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        <name>Trane Technologies plc</name>
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        <title>Trane Technologies plc</title>
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        <curCd>USD</curCd>
        <valUSD>202202.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>FNMA or FHLMC</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
        <valUSD>1291629.15000000</valUSD>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>1.50000000</annualizedRt>
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        <name>Morgan Stanley</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley</title>
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          <isin value="US61748UAS15"/>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>67861.47000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.49300000</annualizedRt>
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      <invstOrSec>
        <name>Brunswick Corp.</name>
        <lei>YM4O38W15AX4YLLQKU27</lei>
        <title>Brunswick Corp.</title>
        <cusip>117043AT6</cusip>
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        <curCd>USD</curCd>
        <valUSD>209956.67000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.40000000</annualizedRt>
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      <invstOrSec>
        <name>FNMA</name>
        <lei>N/A</lei>
        <title>FNMA Connecticut Avenue Securities Trust, Series 2022-R02, Class 2M2</title>
        <cusip>20754BAB7</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Woodside Finance Ltd.</name>
        <lei>254900AIZKU6TGRRNZ98</lei>
        <title>Woodside Finance Ltd.</title>
        <cusip>980236AV5</cusip>
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        <curCd>USD</curCd>
        <valUSD>240772.72000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <name>Carpenter Technology Corp.</name>
        <lei>DX6I6ZD3X5WNNCDJKP85</lei>
        <title>Carpenter Technology Corp.</title>
        <cusip>144285AN3</cusip>
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          <other otherDesc="Inhouse Asset ID" value="1542827"/>
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        <balance>465000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>458628.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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        <name>Bombardier, Inc.</name>
        <lei>W7L3VLU8EHQY34Z36697</lei>
        <title>Bombardier, Inc.</title>
        <cusip>097751CA7</cusip>
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          <other otherDesc="Inhouse Asset ID" value="1308736"/>
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        <curCd>USD</curCd>
        <valUSD>311073.96000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>8.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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        <name>Venture Global Plaquemines LNG LLC</name>
        <lei>549300TKP4I6OJ02BF90</lei>
        <title>Venture Global Plaquemines LNG LLC</title>
        <cusip>922966AA4</cusip>
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          <other otherDesc="Inhouse Asset ID" value="1463967"/>
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        <curCd>USD</curCd>
        <valUSD>309732.87000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Novelis Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FNMA</name>
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          <isin value="US20753BAA08"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>UBS Commercial Mortgage Trust</name>
        <lei>N/A</lei>
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          <isin value="US90276GAX07"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>Amazon.com, Inc.</name>
        <lei>ZXTILKJKG63JELOEG630</lei>
        <title>Amazon.com, Inc.</title>
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          <isin value="US023135DE35"/>
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        <balance>205000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>197501.33000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-03-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.55000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Targa Resources Partners LP / Targa Resources Partners Finance Corp.</name>
        <lei>N/A</lei>
        <title>Targa Resources Partners LP / Targa Resources Partners Finance Corp.</title>
        <cusip>87612BBS0</cusip>
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          <isin value="US87612BBS07"/>
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        <balance>113000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>111540.32000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>VeriSign, Inc.</name>
        <lei>LMPL4N8ZOJRMF0KOF759</lei>
        <title>VeriSign, Inc.</title>
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          <isin value="US92343E1029"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Arab Republic of Egypt</name>
        <lei>529900GFIVH4086NMH82</lei>
        <title>Egypt Government Bond</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2079842642"/>
          <other otherDesc="Inhouse Asset ID" value="1057517"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>300660.43000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>EG</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.05290000</annualizedRt>
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      <invstOrSec>
        <name>Icosavax, Inc.</name>
        <lei>N/A</lei>
        <title>Icosavax, Inc., CVR</title>
        <cusip>451CVR021</cusip>
        <identifiers>
          <isin value="US451CVR0216"/>
          <other otherDesc="Inhouse Asset ID" value="1334443"/>
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        <balance>230.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>69.00000000</valUSD>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>3</fairValLevel>
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        <name>Novocure Ltd.</name>
        <lei>213800YPP55UMHWA4826</lei>
        <title>Novocure Ltd.</title>
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          <isin value="JE00BYSS4X48"/>
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        <balance>2545.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>JE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>Citigroup, Inc.</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>Citigroup, Inc.</title>
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          <isin value="US172967QJ33"/>
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        <balance>105000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
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        <name>Republic of South Africa</name>
        <lei>378900AAFB4F17004C49</lei>
        <title>South Africa Government Bond</title>
        <cusip>836205AV6</cusip>
        <identifiers>
          <isin value="US836205AV60"/>
          <other otherDesc="Inhouse Asset ID" value="920022"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>153465.05000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-10-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Dominican Republic</name>
        <lei>254900EHU7Q8FGVPI369</lei>
        <title>Dominican Republic Government Bond</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="USP3579EBE60"/>
          <other otherDesc="Inhouse Asset ID" value="620041"/>
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        <balance>160000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>160000.00000000</valUSD>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>DO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-01-27</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Airbnb, Inc.</name>
        <lei>549300HMUDNO0RY56D37</lei>
        <title>Airbnb, Inc.</title>
        <cusip>009066AD3</cusip>
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        <valUSD>197258.66000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>United Mexican States</name>
        <lei>254900EGTWEU67VP6075</lei>
        <title>Mexico Government Bond</title>
        <cusip>91087BAQ3</cusip>
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          <other otherDesc="Inhouse Asset ID" value="1142031"/>
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        <valUSD>291840.00000000</valUSD>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>MX</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Mitsui Kinzoku Co. Ltd.</name>
        <lei>35380021EYAHSQM25559</lei>
        <title>Mitsui Kinzoku Co. Ltd.</title>
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          <other otherDesc="Inhouse Asset ID" value="192667"/>
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        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Transocean International Ltd.</name>
        <lei>DOL4HJ22ADYSIWES4H94</lei>
        <title>Transocean International Ltd.</title>
        <cusip>893830AT6</cusip>
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        <invCountry>BM</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>N/A</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Inhouse Asset ID" value="116507"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>N/A</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Arab Republic of Egypt</name>
        <lei>529900GFIVH4086NMH82</lei>
        <title>Egypt Government Bond</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2391395154"/>
          <other otherDesc="Inhouse Asset ID" value="1191857"/>
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        <balance>490000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <name>Ultragenyx Pharmaceutical, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>N/A</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Imperial Brands plc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Republic of Montenegro</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Altria Group, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>NRG Energy, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FNMA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>LCCM Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Terex Corp.</name>
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        <title>Terex Corp.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Nidec Corp.</name>
        <lei>353800IF171MZTNL6Y31</lei>
        <title>Nidec Corp.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>FIGRE Trust</name>
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          <isin value="US31684TAA25"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Ukraine</name>
        <lei>6354001WLTJXOMEXPY07</lei>
        <title>Ukraine Government Bond</title>
        <cusip>903724CB6</cusip>
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        <invCountry>UA</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Exponent, Inc.</name>
        <lei>529900NY3F5Q2NWPUZ42</lei>
        <title>Exponent, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Reckitt Benckiser Group plc</name>
        <lei>5493003JFSMOJG48V108</lei>
        <title>Reckitt Benckiser Group plc</title>
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        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Martin Marietta Materials, Inc.</name>
        <lei>5299005MZ4WZECVATV08</lei>
        <title>Martin Marietta Materials, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Republic of El Salvador</name>
        <lei>529900AKDMUSFSDOM949</lei>
        <title>El Salvador Government Bond</title>
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          <isin value="USP01012BX31"/>
          <other otherDesc="Inhouse Asset ID" value="660712"/>
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        <invCountry>SV</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Pfizer, Inc.</name>
        <lei>N/A</lei>
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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>Ukraine</name>
        <lei>6354001WLTJXOMEXPY07</lei>
        <title>Ukraine Government Bond</title>
        <cusip>903724CB6</cusip>
        <identifiers>
          <isin value="US903724CB62"/>
          <other otherDesc="Inhouse Asset ID" value="1390226"/>
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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>Sprint Capital Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>Shattuck Labs, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Glow Energy PCL</name>
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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>Ares LXIX CLO Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Veeva Systems, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Vertiv Holdings Co.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Sopaipilla Investor LLC</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Hope Bancorp, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Generadora de Gatun SA</name>
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        <title>Generadora de Gatun SA</title>
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        <name>Rocket Software, Inc.</name>
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        <name>Danish Krone</name>
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        <name>ROBLOX Corp.</name>
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        <name>United Rentals North America, Inc.</name>
        <lei>NGIZXNT70J2LYT3FBI09</lei>
        <title>United Rentals North America, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Workiva, Inc.</name>
        <lei>529900RTOQ8GRWHY1O58</lei>
        <title>Workiva, Inc., Class A</title>
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        <name>OneMain Finance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Clear Channel Outdoor Holdings, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Bombardier, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Axis Capital Holdings Ltd.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>FANUC Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Iberdrola SA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Red Rock Resorts, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Amphenol Corp.</name>
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        <name>Lincoln Electric Holdings, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>FHLMC Pool</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Exelon Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>DIRECTV Financing LLC</name>
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        <name>Marriott International, Inc.</name>
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        <name>ESCO Technologies, Inc.</name>
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        <name>CVS Health Corp.</name>
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        <title>CVS Health Corp.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Citigroup, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Bandwidth, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>3i Group plc</name>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Novartis Capital Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>National Bank Holdings Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>CareDx, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>FNMA or FHLMC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FNMA</name>
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        <cusip>3138W4TJ0</cusip>
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        <balance>159135.66000000</balance>
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        <curCd>USD</curCd>
        <valUSD>142657.53000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Southern Power Co.</name>
        <lei>5LADC78JBG2BMZD5XF57</lei>
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        <cusip>843646AX8</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Airbnb, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Neuberger Berman Loan Advisers CLO 51 Ltd.</name>
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        <invCountry>JE</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Structured Asset Mortgage Investments II Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Univision Communications, Inc.</name>
        <lei>549300YQDE2JSGTL8V47</lei>
        <title>Univision Communications, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Itau Unibanco Holding SA</name>
        <lei>5493002W2IVG62O3ZJ94</lei>
        <title>Itau Unibanco Holding SA</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Seneca Foods Corp.</name>
        <lei>N/A</lei>
        <title>Seneca Foods Corp., Class A</title>
        <cusip>817070501</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Moog, Inc.</name>
        <lei>549300WM2I4U7OBAHG07</lei>
        <title>Moog, Inc., Class A</title>
        <cusip>615394202</cusip>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Forward Foreign Currency Contract</title>
        <cusip>N/A</cusip>
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          <other otherDesc="Inhouse Asset ID" value="104390"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Allient, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Saturn Oil &amp; Gas, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Dominican Republic</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Universal Insurance Holdings, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Eversource Energy</name>
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        <fairValLevel>2</fairValLevel>
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        <name>OneMain Finance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Chimera Investment Corp.</name>
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        <title>Chimera Investment Corp.</title>
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        <name>Embraer SA</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Westamerica BanCorp.</name>
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        <name>Transnet SOC Ltd.</name>
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        <name>BANK</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Kyverna Therapeutics, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>LyondellBasell Industries NV</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>Glencore Funding LLC</name>
        <lei>213800STG1QDNBY87K49</lei>
        <title>Glencore Funding LLC</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>VSP Optical Group, Inc.</name>
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        <name>Targa Resources Partners LP / Targa Resources Partners Finance Corp.</name>
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        <name>Jackson Financial, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Federal Signal Corp.</name>
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        <name>VSP Optical Group, Inc.</name>
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        <name>Targa Resources Corp.</name>
        <lei>5493003QENHHS261UR94</lei>
        <title>Targa Resources Corp.</title>
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        <name>Hyundai Auto Receivables Trust</name>
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        <name>Bank of America Corp.</name>
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        <name>Ford Motor Credit Co. LLC</name>
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        <name>Teradata Corp.</name>
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        <name>Societe Generale SA</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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                  <ticker value="CNZ6 Comdty"/>
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        <name>Osaka Gas Co. Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Gabonese Republic</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CNO Financial Group, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Oaktree CLO Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Verizon Communications, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Sumitomo Electric Industries Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Freedom Mortgage Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ABB Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Amazon.com, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Froneri Lux FinCo SARL</name>
        <lei>9845005YBZ75E5AA3B94</lei>
        <title>Froneri Lux FinCo SARL</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Danske Bank A/S</name>
        <lei>MAES062Z21O4RZ2U7M96</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Coronado Finance Pty. Ltd.</name>
        <lei>549300NS5FS0W548RE27</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Bank of America Corp.</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Venture XV CLO Ltd.</name>
        <lei>549300UYHZCJPN3LMT03</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Southern Co. Gas Capital Corp.</name>
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        <name>Abbott Laboratories</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Banco Santander SA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Meta Platforms, Inc.</name>
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        <name>Costco Wholesale Corp.</name>
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        <name>Hanmi Financial Corp.</name>
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        <name>Corvus Pharmaceuticals, Inc.</name>
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        <name>GNMA</name>
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        <name>Rocket Cos., Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>T-Mobile USA, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Grifols SA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>iShares MSCI India ETF</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Peabody Energy Corp.</name>
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        <name>Venture Global Plaquemines LNG LLC</name>
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        <name>Directv Financing LLC / Directv Financing Co-Obligor, Inc.</name>
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        <name>New Jersey Transportation Trust Fund Authority</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Kuehne + Nagel International AG</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>Inhibrx Biosciences, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Al Rajhi Bank</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Canadian Natural Resources Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Janus International Group, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>FNMA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Viking Cruises Ltd.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Transocean International Ltd.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Banijay Entertainment SAS</name>
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        <name>Duke Energy Indiana LLC</name>
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        <name>Murphy Oil Corp.</name>
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        <name>Palantir Technologies, Inc.</name>
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        <name>GNMA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Avolta AG</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Consolidated Edison Co. of New York, Inc.</name>
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        <name>AerCap Ireland Capital DAC / AerCap Global Aviation Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>AT&amp;T, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Intesa Sanpaolo SpA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Invitation Homes, Inc.</name>
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        <name>OneMain Finance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Ichor Holdings Ltd.</name>
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        <name>SkyWest, Inc.</name>
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        <name>Comcast Corp.</name>
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        <name>First Merchants Corp.</name>
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        <name>Morgan Stanley Bank of America Merrill Lynch Trust</name>
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        <name>GoDaddy, Inc.</name>
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        <name>Hilton Domestic Operating Co., Inc.</name>
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        <name>Avista Corp.</name>
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        <name>Novavax, Inc.</name>
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        <name>ASE Technology Holding Co. Ltd.</name>
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        <title>ASE Technology Holding Co. Ltd.</title>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Ladder Capital Corp.</name>
        <lei>549300Q6LLV2QCV67C06</lei>
        <title>Ladder Capital Corp., Class A</title>
        <cusip>505743104</cusip>
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          <isin value="US5057431042"/>
          <other otherDesc="Inhouse Asset ID" value="569763"/>
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        <balance>1674.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>16405.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Standard Building Solutions, Inc.</name>
        <lei>54930064UHXCIUWVI755</lei>
        <title>Standard Building Solutions, Inc.</title>
        <cusip>853191AA2</cusip>
        <identifiers>
          <isin value="US853191AA25"/>
          <other otherDesc="Inhouse Asset ID" value="1379477"/>
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        <balance>310000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>311850.41000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-15</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>Sunstone Hotel Investors, Inc.</name>
        <lei>529900ZQ2V52V96ATF67</lei>
        <title>Sunstone Hotel Investors, Inc.</title>
        <cusip>867892101</cusip>
        <identifiers>
          <isin value="US8678921011"/>
          <other otherDesc="Inhouse Asset ID" value="318295"/>
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        <balance>7240.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>80870.80000000</valUSD>
        <pctVal>0.008667014477</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Fortinet, Inc.</name>
        <lei>549300O0QJWDBAS0QX03</lei>
        <title>Fortinet, Inc.</title>
        <cusip>34959E109</cusip>
        <identifiers>
          <isin value="US34959E1091"/>
          <other otherDesc="Inhouse Asset ID" value="457236"/>
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        <balance>3777.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>645602.61000000</valUSD>
        <pctVal>0.069189956913</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SCIH Salt Holdings, Inc.</name>
        <lei>N/A</lei>
        <title>SCIH Salt Holdings, Inc.</title>
        <cusip>78433BAH1</cusip>
        <identifiers>
          <isin value="US78433BAH15"/>
          <other otherDesc="Inhouse Asset ID" value="1640661"/>
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        <balance>520000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>525921.61000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Beam Therapeutics, Inc.</name>
        <lei>N/A</lei>
        <title>Beam Therapeutics, Inc.</title>
        <cusip>07373V105</cusip>
        <identifiers>
          <isin value="US07373V1052"/>
          <other otherDesc="Inhouse Asset ID" value="1042177"/>
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        <balance>325.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9564.75000000</valUSD>
        <pctVal>0.001025065001</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FNMA or FHLMC</name>
        <lei>N/A</lei>
        <title>Uniform Mortgage-Backed Securities</title>
        <cusip>01F062697</cusip>
        <identifiers>
          <isin value="US01F0626972"/>
          <other otherDesc="Inhouse Asset ID" value="1643819"/>
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        <balance>2590000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2669136.83000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-09-25</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>Charter Communications Operating LLC / Charter Communications Operating Capital</name>
        <lei>N/A</lei>
        <title>Charter Communications Operating LLC / Charter Communications Operating Capital Corp.</title>
        <cusip>161175CD4</cusip>
        <identifiers>
          <isin value="US161175CD44"/>
          <other otherDesc="Inhouse Asset ID" value="1167700"/>
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        <balance>92000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>85464.99000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.25000000</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>BHP Group Ltd.</name>
        <lei>WZE1WSENV6JSZFK0JC28</lei>
        <title>BHP Group Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AU000000BHP4"/>
          <other otherDesc="Inhouse Asset ID" value="4541"/>
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        <balance>13244.00000000</balance>
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        <valUSD>622888.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Time Warner Cable Enterprises LLC</name>
        <lei>N/A</lei>
        <title>Time Warner Cable Enterprises LLC</title>
        <cusip>88731EAJ9</cusip>
        <identifiers>
          <isin value="US88731EAJ91"/>
          <other otherDesc="Inhouse Asset ID" value="257756"/>
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        <balance>575000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>627947.83000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.37500000</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>FNMA</name>
        <lei>N/A</lei>
        <title>FNMA Connecticut Avenue Securities Trust, Series 2026-R01, Class 2A1</title>
        <cusip>20755BAA8</cusip>
        <identifiers>
          <isin value="US20755BAA89"/>
          <other otherDesc="Inhouse Asset ID" value="1574072"/>
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        <balance>213187.57000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>212573.59000000</valUSD>
        <pctVal>0.022781750422</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-01-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.49318880</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>Onity Loan Investment Trust</name>
        <lei>N/A</lei>
        <title>Onity Loan Investment Trust, Series 2026-HB3, Class A</title>
        <cusip>68278KAA5</cusip>
        <identifiers>
          <isin value="US68278KAA51"/>
          <other otherDesc="Inhouse Asset ID" value="1627555"/>
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        <balance>377847.99000000</balance>
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        <curCd>USD</curCd>
        <valUSD>370497.68000000</valUSD>
        <pctVal>0.039706652542</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-06-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.99999880</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Republic of Colombia</name>
        <lei>549300MHDRBVRF6B9117</lei>
        <title>Colombia Government Bond</title>
        <cusip>195325BM6</cusip>
        <identifiers>
          <isin value="US195325BM66"/>
          <other otherDesc="Inhouse Asset ID" value="641507"/>
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        <balance>190000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>173707.50000000</valUSD>
        <pctVal>0.018616427899</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-01-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</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>Kaiser Aluminum Corp.</name>
        <lei>N/A</lei>
        <title>Kaiser Aluminum Corp.</title>
        <cusip>483007704</cusip>
        <identifiers>
          <isin value="US4830077040"/>
          <other otherDesc="Inhouse Asset ID" value="31486"/>
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        <balance>257.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>40806.46000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Elite Material Co. Ltd.</name>
        <lei>N/A</lei>
        <title>Elite Material Co. Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TW0002383007"/>
          <other otherDesc="Inhouse Asset ID" value="406059"/>
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        <balance>1000.00000000</balance>
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        <currencyConditional curCd="TWD" exchangeRt="31.72200000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>LXP Industrial Trust</name>
        <lei>549300S4MH2ICXDBFV43</lei>
        <title>LXP Industrial Trust</title>
        <cusip>529043408</cusip>
        <identifiers>
          <isin value="US5290434084"/>
          <other otherDesc="Inhouse Asset ID" value="204799"/>
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        <balance>937.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>56885.27000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Eagle Funding Luxco SARL</name>
        <lei>894500VDP08MVIZ6OA60</lei>
        <title>Eagle Funding Luxco SARL</title>
        <cusip>26951TAA8</cusip>
        <identifiers>
          <isin value="US26951TAA88"/>
          <other otherDesc="Inhouse Asset ID" value="1502038"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>249937.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>LU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Kansai Electric Power Co., Inc. (The)</name>
        <lei>353800PFUKP5ONPJNZ86</lei>
        <title>Kansai Electric Power Co., Inc. (The)</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3228600007"/>
          <other otherDesc="Inhouse Asset ID" value="60729"/>
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        <balance>11700.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="159.75000000"/>
        <valUSD>205238.37000000</valUSD>
        <pctVal>0.021995626655</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GNMA</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GNMA II, 30 Year</title>
        <cusip>3622ACDF4</cusip>
        <identifiers>
          <isin value="US3622ACDF48"/>
          <other otherDesc="Inhouse Asset ID" value="1295796"/>
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        <balance>478734.44000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>400951.52000000</valUSD>
        <pctVal>0.042970424784</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-02-20</maturityDt>
          <couponKind>Fixed</couponKind>
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        <fairValLevel>2</fairValLevel>
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        <name>Hong Kong Exchanges &amp; Clearing Ltd.</name>
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        <name>Bank of America Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Scientific Games Holdings LP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Black Hills Corp.</name>
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        <name>Synopsys, Inc.</name>
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        <name>Lumen Technologies, Inc.</name>
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        <name>CSAIL Commercial Mortgage Trust</name>
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        <name>Kellanova</name>
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        <name>Connect Finco SARL / Connect US Finco LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Brown &amp; Brown, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>FNMA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Millrose Properties, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Public Service Enterprise Group, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>ERP Operating LP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Directv Financing LLC</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Extreme Networks, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Ardelyx, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>SAP SE</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Sirius XM Radio LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Qnity Electronics, Inc.</name>
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        <name>ADMA Biologics, Inc.</name>
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        <name>City of Orange CA</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
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        <name>Teva Pharmaceutical Finance Netherlands III BV</name>
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        <name>Humana, Inc.</name>
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        <name>Dole plc</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>Calix, Inc.</name>
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        <name>NextEra Energy Capital Holdings, Inc.</name>
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        <name>Viking Cruises Ltd.</name>
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        <title>Viking Cruises Ltd.</title>
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        <name>Amneal Pharmaceuticals, Inc.</name>
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        <name>N/A</name>
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        <name>NEC Corp.</name>
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        <name>BBCMS Mortgage Trust</name>
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        <name>Blueprint Medicines Corp.</name>
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        <name>Olympus Corp.</name>
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        <name>Republic of Cameroon International Bond</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Wells Fargo &amp; Co.</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>United States of America</name>
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        <fairValLevel>2</fairValLevel>
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        <name>American States Water Co.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Airbnb, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Urban Edge Properties</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>Dana, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Philip Morris International, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Horseshoe Funding Trust I</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Archrock Services LP / Archrock Partners Finance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New Israeli Sheqel</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Cisco Systems, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>N/A</name>
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        <name>Samsung Electro-Mechanics Co. Ltd.</name>
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        <name>Wartsila OYJ Abp</name>
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        <name>Serbia Government Bond</name>
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        <fairValLevel>2</fairValLevel>
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        <name>PepsiCo, Inc.</name>
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        <name>Arcosa, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Democratic Socialist Republic of Sri Lanka</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Bandai Namco Holdings, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Vistra Operations Co. LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Yondr JK 1 LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Hovnanian Enterprises, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Oracle Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Corning, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Banque Federative du Credit Mutuel SA</name>
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        <name>Altice France SA</name>
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        <name>Coca-Cola Consolidated, Inc.</name>
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        <name>Asics Corp.</name>
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        <name>Kioxia Holdings Corp.</name>
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        <name>Materion Corp.</name>
        <lei>549300CJ5RI351SUYT02</lei>
        <title>Materion Corp.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Energy Transfer LP</name>
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        <name>Par Pacific Holdings, Inc.</name>
        <lei>549300BTNS7MHSHRLR55</lei>
        <title>Par Pacific Holdings, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>JBS NV</name>
        <lei>254900JSFON4WL81TW77</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>OAK-Eagle Acquireco, Inc.</name>
        <lei>6488ICS9P20290MA1H31</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Outfront Media, Inc.</name>
        <lei>549300RZWDYU5722I639</lei>
        <title>Outfront Media, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Chefs' Warehouse, Inc. (The)</name>
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        <fairValLevel>2</fairValLevel>
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              <title>Chefs' Warehouse Inc. (The)</title>
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      <invstOrSec>
        <name>Mitsubishi Corp.</name>
        <lei>KVIPTY4PULAPGC1VVD26</lei>
        <title>Mitsubishi Corp.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>N/A</name>
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        <cusip>N/A</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Telecommunications co Telekom Srbija AD Belgrade</name>
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        <title>Telecommunications Co. Telekom Srbija AD Belgrade</title>
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          <isin value="US87945BAB62"/>
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        <invCountry>RS</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-05-18</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Paraguay Government International Bond</name>
        <lei>529900UXKJTJPCU0HK83</lei>
        <title>Paraguay Government Bond</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="USP75744AJ47"/>
          <other otherDesc="Inhouse Asset ID" value="1066261"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>396836.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>PY</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-04-28</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>FNMA or FHLMC</name>
        <lei>N/A</lei>
        <title>Uniform Mortgage-Backed Securities</title>
        <cusip>01F022493</cusip>
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          <isin value="US01F0224935"/>
          <other otherDesc="Inhouse Asset ID" value="1644176"/>
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        <balance>260000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-09-25</maturityDt>
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        <name>Hanover Insurance Group, Inc. (The)</name>
        <lei>JJYR6MFKFF6CF8DBZ078</lei>
        <title>Hanover Insurance Group, Inc. (The)</title>
        <cusip>410867105</cusip>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Charter Communications Operating LLC / Charter Communications Operating Capital</name>
        <lei>N/A</lei>
        <title>Charter Communications Operating LLC / Charter Communications Operating Capital Corp.</title>
        <cusip>161175CS1</cusip>
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          <isin value="US161175CS13"/>
          <other otherDesc="Inhouse Asset ID" value="1508584"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Berkshire Hathaway, Inc.</name>
        <lei>5493000C01ZX7D35SD85</lei>
        <title>Berkshire Hathaway, Inc., Class B</title>
        <cusip>084670702</cusip>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Mativ Holdings, Inc.</name>
        <lei>549300Z1FU4IDULG1R21</lei>
        <title>Mativ Holdings, Inc.</title>
        <cusip>808541106</cusip>
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        <fairValLevel>1</fairValLevel>
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        <name>Coty, Inc. / HFC Prestige Products, Inc. / HFC Prestige International US LLC</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Morgan Stanley</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley</title>
        <cusip>617446448</cusip>
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        <fairValLevel>1</fairValLevel>
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        <name>Nomura Holdings, Inc.</name>
        <lei>549300B3CEAHYG7K8164</lei>
        <title>Nomura Holdings, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Radian Mortgage Capital Trust</name>
        <lei>N/A</lei>
        <title>Radian Mortgage Capital Trust, Series 2025-J4, Class A25</title>
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          <isin value="US75024UBP12"/>
          <other otherDesc="Inhouse Asset ID" value="1600736"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>COMM Mortgage Trust</name>
        <lei>N/A</lei>
        <title>COMM Mortgage Trust, Series 2017-COR2, Class C</title>
        <cusip>12595EAH8</cusip>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Bain Capital Credit CLO Ltd.</name>
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        <name>Sanmina Corp.</name>
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        <name>Kohl's Corp.</name>
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        <name>REGENXBIO, Inc.</name>
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        <name>Oriental Republic of Uruguay</name>
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        <name>American Electric Power Co., Inc.</name>
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        <name>SV RNO Property Owner 1 LLC</name>
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        <name>American Express Co.</name>
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        <title>American Express Co.</title>
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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>N/A</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Manhattan Associates, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>N/A</name>
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        <cusip>N/A</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>CVR Energy, Inc.</name>
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        <title>CVR Energy, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Weatherford International Ltd.</name>
        <lei>549300A2JKMG5PGOGF82</lei>
        <title>Weatherford International Ltd.</title>
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        <invCountry>BM</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>WSFS Financial Corp.</name>
        <lei>549300SU7VQHD6QRG886</lei>
        <title>WSFS Financial Corp.</title>
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          <isin value="US9293281021"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer</name>
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          <isin value="US01883LAF04"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Marvell Technology, Inc.</name>
        <lei>254900WVU0BM7ZCJ9E93</lei>
        <title>Marvell Technology, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>International Bancshares Corp.</name>
        <lei>549300Y16R531AU8TX77</lei>
        <title>International Bancshares Corp.</title>
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          <isin value="US4590441030"/>
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        <fairValLevel>1</fairValLevel>
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        <name>JPMorgan Chase &amp; Co.</name>
        <lei>8I5DZWZKVSZI1NUHU748</lei>
        <title>JPMorgan Chase &amp; Co.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Cheniere Energy Partners LP</name>
        <lei>5493005UEC8AZ34LDV29</lei>
        <title>Cheniere Energy Partners LP</title>
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          <isin value="US16411QAG64"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Argentine Republic (The)</name>
        <lei>549300KPBYGYF7HCHO27</lei>
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        <invCountry>AR</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Sally Beauty Holdings, Inc.</name>
        <lei>529900VXW6E8ONDIQ271</lei>
        <title>Sally Beauty Holdings, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Yokogawa Electric Corp.</name>
        <lei>529900MV0U7C9WWF4L22</lei>
        <title>Yokogawa Electric Corp.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Federative Republic of Brazil</name>
        <lei>254900ZFY40OYEADAP90</lei>
        <title>Brazil Government Bond</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Weekley Homes LLC / Weekley Finance Corp.</name>
        <lei>N/A</lei>
        <title>Weekley Homes LLC / Weekley Finance Corp.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Alumina Pty. Ltd.</name>
        <lei>2138002VD9MW2WT8HR38</lei>
        <title>Alumina Pty. Ltd.</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Petroleos Mexicanos</name>
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        <title>Petroleos Mexicanos</title>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GNMA</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
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        <cusip>3622ABZ70</cusip>
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        <curCd>USD</curCd>
        <valUSD>376208.66000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-03-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.50000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Chevron Corp.</name>
        <lei>N/A</lei>
        <title>Chevron Corp.</title>
        <cusip>166764100</cusip>
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          <isin value="US1667641005"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Nissan Motor Co. Ltd.</name>
        <lei>353800DRBDH1LUTNAY26</lei>
        <title>Nissan Motor Co. Ltd.</title>
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          <isin value="US654922AD53"/>
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        <balance>445000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>472803.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>8.12500000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CCO Holdings LLC / CCO Holdings Capital Corp.</name>
        <lei>N/A</lei>
        <title>CCO Holdings LLC / CCO Holdings Capital Corp.</title>
        <cusip>1248EPCB7</cusip>
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          <isin value="US1248EPCB75"/>
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        <balance>215000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Venture Global LNG, Inc.</name>
        <lei>54930011XLBUWMQUC829</lei>
        <title>Venture Global LNG, Inc.</title>
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          <isin value="US92332YAB74"/>
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        <balance>305000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>8.37500000</annualizedRt>
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      <invstOrSec>
        <name>TXNM Energy, Inc.</name>
        <lei>5493003JOBJGLZSDDQ28</lei>
        <title>TXNM Energy, Inc.</title>
        <cusip>69349H107</cusip>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>United Mexican States</name>
        <lei>254900EGTWEU67VP6075</lei>
        <title>Mexico Government Bond</title>
        <cusip>91087BAL4</cusip>
        <identifiers>
          <isin value="US91087BAL45"/>
          <other otherDesc="Inhouse Asset ID" value="1065247"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>152100.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-04-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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        <name>Cigna Group (The)</name>
        <lei>549300VIWYMSIGT1U456</lei>
        <title>Cigna Group (The)</title>
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          <isin value="US1255231003"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>World Kinect Corp.</name>
        <lei>D3W7PCXCBRQLL17DZ313</lei>
        <title>World Kinect Corp.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Ameren Corp.</name>
        <lei>XRZQ5S7HYJFPHJ78L959</lei>
        <title>Ameren Corp.</title>
        <cusip>023608AQ5</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Axon Enterprise, Inc.</name>
        <lei>549300QP2IEEGFE16681</lei>
        <title>Axon Enterprise, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>6.25000000</annualizedRt>
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        <name>FNMA</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA, Series 2025-25, Class FB</title>
        <cusip>3136BVJR0</cusip>
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          <isin value="US3136BVJR01"/>
          <other otherDesc="Inhouse Asset ID" value="1596123"/>
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        <balance>1737443.65300000</balance>
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        <curCd>USD</curCd>
        <valUSD>1739785.73000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Plurinational State of Bolivia</name>
        <lei>529900TGIRPY3SZXEB56</lei>
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        <cusip>29731QAF4</cusip>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>BO</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Chase Home Lending Mortgage Trust</name>
        <lei>529900PXR6MEGSRAOO62</lei>
        <title>Chase Home Lending Mortgage Trust, Series 2025-10, Class A11</title>
        <cusip>16160BBD8</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Novartis Capital Corp.</name>
        <lei>5493002KF87V5RSRQS84</lei>
        <title>Novartis Capital Corp.</title>
        <cusip>66989HBL1</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Ouster, Inc.</name>
        <lei>N/A</lei>
        <title>Ouster, Inc.</title>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>Bank of America Corp.</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
        <title>Bank of America Corp.</title>
        <cusip>06051GMA4</cusip>
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          <other otherDesc="Inhouse Asset ID" value="1322963"/>
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        <balance>173000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>173412.22000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <name>Republic of Panama</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Thermo Fisher Scientific, Inc.</name>
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        <name>Banner Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Halliburton Co.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Insulet Corp.</name>
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        <name>JPMDB Commercial Mortgage Securities Trust</name>
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        <name>Itron, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Commercial Metals Co.</name>
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        <name>Eastman Kodak Co.</name>
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        <name>Shell plc</name>
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        <name>Pilgrim's Pride Corp.</name>
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        <name>FIGRE Trust</name>
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        <name>RHP Hotel Properties LP / RHP Finance Corp.</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</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>World Omni Auto Receivables Trust</name>
        <lei>N/A</lei>
        <title>World Omni Auto Receivables Trust, Series 2026-A, Class A3</title>
        <cusip>98190AAD3</cusip>
        <identifiers>
          <isin value="US98190AAD37"/>
          <other otherDesc="Inhouse Asset ID" value="1575611"/>
        </identifiers>
        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>49316.05000000</valUSD>
        <pctVal>0.005285256474</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.86000000</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>Northern States Power Co.</name>
        <lei>3S1GHB0TEH85KX44SB51</lei>
        <title>Northern States Power Co.</title>
        <cusip>665772CZ0</cusip>
        <identifiers>
          <isin value="US665772CZ03"/>
          <other otherDesc="Inhouse Asset ID" value="1466987"/>
        </identifiers>
        <balance>434000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>425006.11000000</valUSD>
        <pctVal>0.045548382214</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.05000000</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>BANK5</name>
        <lei>N/A</lei>
        <title>BANK5 Trust, Series 2026-5YR20, Class AS</title>
        <cusip>06650JAP3</cusip>
        <identifiers>
          <isin value="US06650JAP30"/>
          <other otherDesc="Inhouse Asset ID" value="1572975"/>
        </identifiers>
        <balance>72000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>71470.49000000</valUSD>
        <pctVal>0.007659572695</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.33600000</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>Cia de Saneamento Basico do Estado de Sao Paulo SABESP</name>
        <lei>254900UOXRZRS2TNWP19</lei>
        <title>Cia de Saneamento Basico do Estado de Sao Paulo SABESP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRSBSPACNOR5"/>
          <other otherDesc="Inhouse Asset ID" value="265395"/>
        </identifiers>
        <balance>17300.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.18155000"/>
        <valUSD>84404.09000000</valUSD>
        <pctVal>0.009045681135</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FHLMC Pool</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHLMC Pool, 30 Year</title>
        <cusip>3133KR5T7</cusip>
        <identifiers>
          <isin value="US3133KR5T72"/>
          <other otherDesc="Inhouse Asset ID" value="1314475"/>
        </identifiers>
        <balance>268100.02000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>273727.39000000</valUSD>
        <pctVal>0.029335671862</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-09-01</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vistra Corp.</name>
        <lei>549300KP43CPCUJOOG15</lei>
        <title>Vistra Corp.</title>
        <cusip>92840M102</cusip>
        <identifiers>
          <isin value="US92840M1027"/>
          <other otherDesc="Inhouse Asset ID" value="647475"/>
        </identifiers>
        <balance>3281.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>450710.97000000</valUSD>
        <pctVal>0.048303200934</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JobsOhio Beverage System</name>
        <lei>N/A</lei>
        <title>JobsOhio Beverage System, Series 2020 A</title>
        <cusip>47770VCT5</cusip>
        <identifiers>
          <isin value="US47770VCT52"/>
          <other otherDesc="Inhouse Asset ID" value="1555581"/>
        </identifiers>
        <balance>70000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>57546.50000000</valUSD>
        <pctVal>0.006167323046</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.83300000</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>Puget Sound Energy, Inc.</name>
        <lei>8MNFJR7KOMBQ7X62LK44</lei>
        <title>Puget Sound Energy, Inc.</title>
        <cusip>745332CL8</cusip>
        <identifiers>
          <isin value="US745332CL85"/>
          <other otherDesc="Inhouse Asset ID" value="1277925"/>
        </identifiers>
        <balance>299000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>274272.31000000</valUSD>
        <pctVal>0.029394071550</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.44800000</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>Morgan Stanley Bank of America Merrill Lynch Trust</name>
        <lei>N/A</lei>
        <title>Morgan Stanley Bank of America Merrill Lynch Trust, Series 2015-C21, Class B</title>
        <cusip>61764XBM6</cusip>
        <identifiers>
          <isin value="US61764XBM65"/>
          <other otherDesc="Inhouse Asset ID" value="1582930"/>
        </identifiers>
        <balance>123825.33400000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>121414.86000000</valUSD>
        <pctVal>0.013012166930</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-03-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.85400160</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>LPL Holdings, Inc.</name>
        <lei>549300Z5YF8CCRMYUL26</lei>
        <title>LPL Holdings, Inc.</title>
        <cusip>50212YAL8</cusip>
        <identifiers>
          <isin value="US50212YAL83"/>
          <other otherDesc="Inhouse Asset ID" value="1447864"/>
        </identifiers>
        <balance>106000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>105816.09000000</valUSD>
        <pctVal>0.011340429227</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.20000000</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>RHP Hotel Properties LP / RHP Finance Corp.</name>
        <lei>N/A</lei>
        <title>RHP Hotel Properties LP / RHP Finance Corp.</title>
        <cusip>74984CAA6</cusip>
        <identifiers>
          <isin value="US74984CAA62"/>
          <other otherDesc="Inhouse Asset ID" value="1582476"/>
        </identifiers>
        <balance>155000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>152842.00000000</valUSD>
        <pctVal>0.016380248826</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</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>FNMA or FHLMC</name>
        <lei>N/A</lei>
        <title>Uniform Mortgage-Backed Securities</title>
        <cusip>01F030694</cusip>
        <identifiers>
          <isin value="US01F0306948"/>
          <other otherDesc="Inhouse Asset ID" value="1643353"/>
        </identifiers>
        <balance>4580000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3903872.92000000</valUSD>
        <pctVal>0.418382446025</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-09-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Aisin Corp.</name>
        <lei>3538004IOK08PDY6I723</lei>
        <title>Aisin Corp.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3102000001"/>
          <other otherDesc="Inhouse Asset ID" value="42736"/>
        </identifiers>
        <balance>12400.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="159.75000000"/>
        <valUSD>173911.13000000</valUSD>
        <pctVal>0.018638251155</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Oaktree CLO Ltd.</name>
        <lei>N/A</lei>
        <title>Oaktree CLO Ltd., Series 2021-2A, Class AR</title>
        <cusip>67389BAQ8</cusip>
        <identifiers>
          <isin value="US67389BAQ86"/>
          <other otherDesc="Inhouse Asset ID" value="1587162"/>
        </identifiers>
        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>998884.84000000</valUSD>
        <pctVal>0.107051610342</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-01-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.72291920</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>Murphy Oil Corp.</name>
        <lei>QBKYQD0ODE7DC7PDIN91</lei>
        <title>Murphy Oil Corp.</title>
        <cusip>626717AQ5</cusip>
        <identifiers>
          <isin value="US626717AQ55"/>
          <other otherDesc="Inhouse Asset ID" value="1561511"/>
        </identifiers>
        <balance>405000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>403903.58000000</valUSD>
        <pctVal>0.043286800370</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Paramount Global</name>
        <lei>5KYC8KF17ROCY24M3H09</lei>
        <title>Paramount Global</title>
        <cusip>92553PAU6</cusip>
        <identifiers>
          <isin value="US92553PAU66"/>
          <other otherDesc="Inhouse Asset ID" value="557064"/>
        </identifiers>
        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>182705.59000000</valUSD>
        <pctVal>0.019580763312</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.85000000</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>GNMA</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GNMA II, Single-family, 30 Year</title>
        <cusip>36179YPB4</cusip>
        <identifiers>
          <isin value="US36179YPB47"/>
          <other otherDesc="Inhouse Asset ID" value="1349833"/>
        </identifiers>
        <balance>377334.59000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>330400.29000000</valUSD>
        <pctVal>0.035409370215</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-01-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
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        <name>OAK-Eagle Acquireco, Inc.</name>
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        <name>SK Hynix, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Vir Biotechnology, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>VICI Properties LP</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Australia &amp; New Zealand Banking Group Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>IDEXX Laboratories, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>MAD Commercial Mortgage Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>California Resources Corp.</name>
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        <name>VICI Properties LP</name>
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        <name>FNMA</name>
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        <name>Freedom Mortgage Holdings LLC</name>
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        <name>Hilcorp Energy I LP / Hilcorp Finance Co.</name>
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        <name>Republic of Ecuador</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Supernus Pharmaceuticals, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Ukraine</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Macquarie Airfinance Holdings Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Caterpillar, Inc.</name>
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        <name>Fuji Electric Co. Ltd.</name>
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        <name>WH Group Ltd.</name>
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        <name>Carnival Corp. Ltd.</name>
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        <name>Istanbul Metropolitan Municipality</name>
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        <name>MAD Commercial Mortgage Trust</name>
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        <name>Neptune Bidco US, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Argentine Republic (The)</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>AppLovin Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>FNMA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Impinj, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>UnitedHealth Group, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Martin Marietta Materials, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Constellation Energy Generation LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Spire, Inc.</name>
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        <title>Spire, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>C3.ai, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>J.P. Morgan Mortgage Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CSAIL Commercial Mortgage Trust</name>
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        <name>United Rentals North America, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FNMA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>SELLAS Life Sciences Group, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Ameriprise Financial, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>EchoStar Corp.</name>
        <lei>549300EE20907QZ9GT38</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Precigen, Inc.</name>
        <lei>549300XCWNQU35K64G19</lei>
        <title>Precigen, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Intercontinental Exchange, Inc.</name>
        <lei>5493000F4ZO33MV32P92</lei>
        <title>Intercontinental Exchange, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Kinder Morgan, Inc.</name>
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        <name>Concentra Health Services, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>LPL Holdings, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Wayfair LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Ford Credit Auto Owner Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Monarch Casino &amp; Resort, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Novartis Capital Corp.</name>
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        <title>Novartis Capital Corp.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>UKG, Inc.</name>
        <lei>529900FKHWSTQ1GXK240</lei>
        <title>UKG, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Gold.com, Inc.</name>
        <lei>XP6XYFDZQGKLUMOFGT37</lei>
        <title>Gold.com, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CNO Global Funding</name>
        <lei>6354008GTNR4833ULD48</lei>
        <title>CNO Global Funding</title>
        <cusip>18977W2F6</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Xcel Energy, Inc.</name>
        <lei>LGJNMI9GH8XIDG5RCM61</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>FHLMC Pool</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHLMC Pool, 30 Year</title>
        <cusip>3133KPYY8</cusip>
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          <other otherDesc="Inhouse Asset ID" value="1294294"/>
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        <issuerCat>USGSE</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>Glencore Funding LLC</name>
        <lei>213800STG1QDNBY87K49</lei>
        <title>Glencore Funding LLC</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Rigel Pharmaceuticals, Inc.</name>
        <lei>529900KPTNUS5J8K9K66</lei>
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        <name>Insulet Corp.</name>
        <lei>549300TZTYD2PYN92D43</lei>
        <title>Insulet Corp.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Procter &amp; Gamble Co. (The)</name>
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        <fairValLevel>1</fairValLevel>
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        <name>UniCredit SpA</name>
        <lei>549300TRUWO2CD2G5692</lei>
        <title>UniCredit SpA</title>
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        <assetCat>EC</assetCat>
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        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Oracle Corp.</name>
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        <name>Sempra, Inc.</name>
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        <title>Sempra, Inc.</title>
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        <lei>5493003O53JMENV1N385</lei>
        <title>Delek US Holdings, Inc.</title>
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        <name>Microsoft Corp.</name>
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        <name>Comfort Systems USA, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>ORIX Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Magnera Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Honda Auto Receivables Owner Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>JBS NV / JBS USA Foods Group Holdings, Inc. / JBS USA Food Co. Holdings</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>FirstCash, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>International Consolidated Airlines Group SA</name>
        <lei>959800TZHQRUSH1ESL13</lei>
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        <invCountry>ES</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Rocket Software, Inc.</name>
        <lei>549300PVG26ISP5X1556</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>nLight, Inc.</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>Intel Corp.</name>
        <lei>KNX4USFCNGPY45LOCE31</lei>
        <title>Intel Corp.</title>
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        <name>Matson, Inc.</name>
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        <name>Athene Global Funding</name>
        <lei>549300LM1QSI4MSIL320</lei>
        <title>Athene Global Funding</title>
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        <name>Burlington Northern Santa Fe LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Madison IAQ LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Bank of America Corp.</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
        <title>Bank of America Corp.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>GNMA</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>MasTec, Inc.</name>
        <lei>549300TMDIT8WREDOF45</lei>
        <title>MasTec, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Xometry, Inc.</name>
        <lei>5493006JFRGU7YRRXE44</lei>
        <title>Xometry, Inc., Class A</title>
        <cusip>98423F109</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Honda Auto Receivables Owner Trust</name>
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        <name>Sibanye-Stillwater UK Financing plc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Foundry JV Holdco LLC</name>
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        <name>Dexko Global, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Minerals Technologies, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Aker BP ASA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>First Horizon Corp.</name>
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        <name>Light &amp; Wonder International, Inc.</name>
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        <name>Enterprise Financial Services Corp.</name>
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        <name>PG&amp;E Corp.</name>
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        <name>3M Co.</name>
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        <lei>549300JD2KR7AB9DYJ38</lei>
        <title>SSR Mining, Inc.</title>
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        <name>FIEMEX Energia - Banco Actinver SA Institucion de Banca Multiple</name>
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        <name>Glaukos Corp.</name>
        <lei>5299004JA1LHE21M6T14</lei>
        <title>Glaukos Corp.</title>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Ukraine</name>
        <lei>6354001WLTJXOMEXPY07</lei>
        <title>Ukraine Government Bond</title>
        <cusip>903724CC4</cusip>
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          <isin value="US903724CC46"/>
          <other otherDesc="Inhouse Asset ID" value="1390228"/>
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        <curCd>USD</curCd>
        <valUSD>74232.82000000</valUSD>
        <pctVal>0.007955614704</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>UA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-02-01</maturityDt>
          <couponKind>Fixed</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>
        <name>Genworth Financial, Inc.</name>
        <lei>549300EMCG286BDNKJ33</lei>
        <title>Genworth Financial, Inc., Class A</title>
        <cusip>37247D106</cusip>
        <identifiers>
          <isin value="US37247D1063"/>
          <other otherDesc="Inhouse Asset ID" value="306079"/>
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        <balance>6070.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>60335.80000000</valUSD>
        <pctVal>0.006466255460</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>EquipmentShare.com, Inc.</name>
        <lei>254900PWJK48CGPKPI80</lei>
        <title>EquipmentShare.com, Inc.</title>
        <cusip>29450YAB5</cusip>
        <identifiers>
          <isin value="US29450YAB56"/>
          <other otherDesc="Inhouse Asset ID" value="1347053"/>
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        <balance>295000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>307127.73000000</valUSD>
        <pctVal>0.032915223818</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.62500000</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>Hyundai Auto Receivables Trust</name>
        <lei>N/A</lei>
        <title>Hyundai Auto Receivables Trust, Series 2026-A, Class A2B</title>
        <cusip>448981AC4</cusip>
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          <isin value="US448981AC42"/>
          <other otherDesc="Inhouse Asset ID" value="1577798"/>
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        <balance>327000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>327243.29000000</valUSD>
        <pctVal>0.035071030979</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.97649880</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Stitch Fix, Inc.</name>
        <lei>549300TNHOVBOJZIYE72</lei>
        <title>Stitch Fix, Inc., Class A</title>
        <cusip>860897107</cusip>
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          <isin value="US8608971078"/>
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        <curCd>USD</curCd>
        <valUSD>9503.66000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FNMA or FHLMC</name>
        <lei>N/A</lei>
        <title>Uniform Mortgage-Backed Securities</title>
        <cusip>01F042491</cusip>
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          <isin value="US01F0424915"/>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>39039.06000000</valUSD>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-09-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</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>Tenet Healthcare Corp.</name>
        <lei>0W9AIBT6U6ADJ2I8HK17</lei>
        <title>Tenet Healthcare Corp.</title>
        <cusip>88033GDV9</cusip>
        <identifiers>
          <isin value="US88033GDV95"/>
          <other otherDesc="Inhouse Asset ID" value="1540565"/>
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        <balance>645000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>647238.15000000</valUSD>
        <pctVal>0.069365239572</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Dick's Sporting Goods, Inc.</name>
        <lei>529900SSBV5I4LWSK313</lei>
        <title>Dick's Sporting Goods, Inc.</title>
        <cusip>253393AF9</cusip>
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          <isin value="US253393AF94"/>
          <other otherDesc="Inhouse Asset ID" value="1196154"/>
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        <balance>274000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>245487.78000000</valUSD>
        <pctVal>0.026309201137</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.15000000</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>General Motors Financial Co., Inc.</name>
        <lei>5493008B6JBRUJ90QL97</lei>
        <title>General Motors Financial Co., Inc.</title>
        <cusip>37045XFL5</cusip>
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          <isin value="US37045XFL55"/>
          <other otherDesc="Inhouse Asset ID" value="1536378"/>
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        <balance>40000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>39470.56000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.20000000</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>FNMA</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA, 30 Year</title>
        <cusip>3138X0YX0</cusip>
        <identifiers>
          <isin value="US3138X0YX05"/>
          <other otherDesc="Inhouse Asset ID" value="1296697"/>
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        <balance>157123.08000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>144460.73000000</valUSD>
        <pctVal>0.015482018705</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HCA Healthcare, Inc.</name>
        <lei>529900PH4ZGUH2MNEU89</lei>
        <title>HCA Healthcare, Inc.</title>
        <cusip>40412C101</cusip>
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          <isin value="US40412C1018"/>
          <other otherDesc="Inhouse Asset ID" value="488690"/>
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        <balance>508.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>210540.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Unum Group</name>
        <lei>549300E32YFDO6TZ8R31</lei>
        <title>Unum Group</title>
        <cusip>91529Y106</cusip>
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          <other otherDesc="Inhouse Asset ID" value="1257"/>
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        <balance>2299.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>214312.78000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Kulicke &amp; Soffa Industries, Inc.</name>
        <lei>529900H6BEIRBF429744</lei>
        <title>Kulicke &amp; Soffa Industries, Inc.</title>
        <cusip>501242101</cusip>
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          <isin value="US5012421013"/>
          <other otherDesc="Inhouse Asset ID" value="31003"/>
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        <balance>332.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>26579.92000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Forward Foreign Currency Contract</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Inhouse Asset ID" value="124049"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>N/A</curCd>
        <valUSD>-162.79000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Alarm.com Holdings, Inc.</name>
        <lei>549300HIH92U1EKIHZ32</lei>
        <title>Alarm.com Holdings, Inc.</title>
        <cusip>011642105</cusip>
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          <isin value="US0116421050"/>
          <other otherDesc="Inhouse Asset ID" value="607185"/>
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        <curCd>USD</curCd>
        <valUSD>14274.88000000</valUSD>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Benchmark Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Benchmark Mortgage Trust, Series 2026-V21, Class XA</title>
        <cusip>08164HBE6</cusip>
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        <valUSD>223574.89000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>Royalty Pharma plc</name>
        <lei>549300FGFN7VOK8BZR03</lei>
        <title>Royalty Pharma plc</title>
        <cusip>78081BAK9</cusip>
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        <valUSD>263172.37000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>2.20000000</annualizedRt>
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      <invstOrSec>
        <name>Hashemite Kingdom of Jordan</name>
        <lei>5493000JZ4MYPVMBVN50</lei>
        <title>Jordan Government Bond</title>
        <cusip>418097AJ0</cusip>
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          <isin value="US418097AJ07"/>
          <other otherDesc="Inhouse Asset ID" value="1334521"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>195074.59000000</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>7.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Teva Pharmaceutical Finance Netherlands III BV</name>
        <lei>5493004T21MOAFINJP35</lei>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Taylor Morrison Communities, Inc.</name>
        <lei>549300O1Z08HI2MRK572</lei>
        <title>Taylor Morrison Communities, Inc.</title>
        <cusip>87724RAB8</cusip>
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        <curCd>USD</curCd>
        <valUSD>35323.35000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>State of Illinois</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>State of Illinois, Series 2026 A</title>
        <cusip>452153PY9</cusip>
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          <isin value="US452153PY92"/>
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        <curCd>USD</curCd>
        <valUSD>109134.11000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Boeing Co. (The)</name>
        <lei>RVHJWBXLJ1RFUBSY1F30</lei>
        <title>Boeing Co. (The)</title>
        <cusip>097023CP8</cusip>
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          <isin value="US097023CP81"/>
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        <balance>45000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>38189.34000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Etsy, Inc.</name>
        <lei>54930089Q7XT501AEA40</lei>
        <title>Etsy, Inc.</title>
        <cusip>29786A106</cusip>
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          <isin value="US29786A1060"/>
          <other otherDesc="Inhouse Asset ID" value="601688"/>
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        <balance>2717.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>220973.61000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NCL Corp. Ltd.</name>
        <lei>UNZWILHE4KMRP9K2L524</lei>
        <title>NCL Corp. Ltd.</title>
        <cusip>62886HBR1</cusip>
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          <isin value="US62886HBR12"/>
          <other otherDesc="Inhouse Asset ID" value="1434349"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>146029.85000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Oceaneering International, Inc.</name>
        <lei>549300L6PH74701W0R30</lei>
        <title>Oceaneering International, Inc.</title>
        <cusip>675232102</cusip>
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          <isin value="US6752321025"/>
          <other otherDesc="Inhouse Asset ID" value="192483"/>
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        <balance>1472.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>LiveRamp Holdings, Inc.</name>
        <lei>254900GXS75LG1X7RF88</lei>
        <title>LiveRamp Holdings, Inc.</title>
        <cusip>53815P108</cusip>
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          <isin value="US53815P1084"/>
          <other otherDesc="Inhouse Asset ID" value="11985"/>
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        <balance>1252.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>47225.44000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>FNMA or FHLMC</name>
        <lei>N/A</lei>
        <title>Uniform Mortgage-Backed Securities</title>
        <cusip>01F020497</cusip>
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          <isin value="US01F0204978"/>
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        <balance>1710000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1544861.03000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-09-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</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>
        <name>Argan, Inc.</name>
        <lei>529900E4KZWBV9KGBS83</lei>
        <title>Argan, Inc.</title>
        <cusip>04010E109</cusip>
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          <isin value="US04010E1091"/>
          <other otherDesc="Inhouse Asset ID" value="432065"/>
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        <balance>104.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>44198.96000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Dollar Tree, Inc.</name>
        <lei>549300PMSTQITB1WHR43</lei>
        <title>Dollar Tree, Inc.</title>
        <cusip>256746108</cusip>
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          <isin value="US2567461080"/>
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        <curCd>USD</curCd>
        <valUSD>206594.88000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
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        <name>NRG Energy, Inc.</name>
        <lei>5E2UPK5SW04M13XY7I38</lei>
        <title>NRG Energy, Inc.</title>
        <cusip>629377CU4</cusip>
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          <other otherDesc="Inhouse Asset ID" value="1296762"/>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>74466.70000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.25000000</annualizedRt>
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          <isNonCashCollateral>N</isNonCashCollateral>
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        <name>Vistra Operations Co. LLC</name>
        <lei>549300ZH5GKBTJZ7NM23</lei>
        <title>Vistra Operations Co. LLC</title>
        <cusip>92840VAW2</cusip>
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          <other otherDesc="Inhouse Asset ID" value="1562435"/>
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        <balance>430000.00000000</balance>
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        <valUSD>409984.06000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Cleveland-Cliffs, Inc.</name>
        <lei>549300TM2WLI2BJMDD86</lei>
        <title>Cleveland-Cliffs, Inc.</title>
        <cusip>18589GAA3</cusip>
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          <other otherDesc="Inhouse Asset ID" value="1512913"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.62500000</annualizedRt>
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      <invstOrSec>
        <name>NETGEAR, Inc.</name>
        <lei>54930067KX3UNRHDWA78</lei>
        <title>NETGEAR, Inc.</title>
        <cusip>64111Q104</cusip>
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          <isin value="US64111Q1040"/>
          <other otherDesc="Inhouse Asset ID" value="282919"/>
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        <curCd>USD</curCd>
        <valUSD>8993.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>Relay Therapeutics, Inc.</name>
        <lei>N/A</lei>
        <title>Relay Therapeutics, Inc.</title>
        <cusip>75943R102</cusip>
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          <isin value="US75943R1023"/>
          <other otherDesc="Inhouse Asset ID" value="1092401"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Rogers Communications, Inc.</name>
        <lei>5493000M6Z4XFIP6PF03</lei>
        <title>Rogers Communications, Inc., Series NC5</title>
        <cusip>775109DG3</cusip>
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          <isin value="US775109DG30"/>
          <other otherDesc="Inhouse Asset ID" value="1444468"/>
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        <balance>92000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>92732.04000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>GNMA</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GNMA II, Single-family, 30 Year</title>
        <cusip>21H052694</cusip>
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          <isin value="US21H0526945"/>
          <other otherDesc="Inhouse Asset ID" value="1644580"/>
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        <balance>10480000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10407117.57000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Motorola Solutions, Inc.</name>
        <lei>6S552MUG6KGJVEBSEC55</lei>
        <title>Motorola Solutions, Inc.</title>
        <cusip>620076CE7</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Republic of Angola</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Connecticut Avenue Securities Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Verizon Master Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Harbin Electric Co. Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Columbia Pipelines Operating Co. LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Aviation Capital Group LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Republic of El Salvador</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Mauser Packaging Solutions Holding Co.</name>
        <lei>549300DNGHXL0OMHW304</lei>
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        <name>Dell International LLC / EMC Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Broadstone Net Lease, Inc.</name>
        <lei>549300U8D7PT70B49V21</lei>
        <title>Broadstone Net Lease, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Indivior Pharmaceuticals, Inc.</name>
        <lei>254900MKFFZZSS7N1I14</lei>
        <title>Indivior Pharmaceuticals, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>General Motors Co.</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>Hyatt Hotels Corp.</name>
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        <name>CVB Financial Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Venture 41 CLO Ltd.</name>
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        <name>Incyte Corp.</name>
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        <name>Vicor Corp.</name>
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        <name>Anglo American plc</name>
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        <name>AerCap Holdings NV</name>
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        <name>Kennametal, Inc.</name>
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        <name>Stubhub Holdings, Inc.</name>
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        <name>County of Fresno CA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Denali Therapeutics, Inc.</name>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>General Electric Co.</name>
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        <title>General Electric Co.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Cirrus Logic, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>JBS NV / JBS USA Foods Group Holdings, Inc. / JBS USA Food Co. Holdings</name>
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        <invCountry>NL</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Romania</name>
        <lei>315700IASY927EDWBK92</lei>
        <title>Romania Government Bond</title>
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          <isin value="US77586RAR12"/>
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        <balance>310000.00000000</balance>
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        <invCountry>RO</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-01-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Fertitta Entertainment LLC / Fertitta Entertainment Finance Co., Inc.</name>
        <lei>N/A</lei>
        <title>Fertitta Entertainment LLC / Fertitta Entertainment Finance Co., Inc.</title>
        <cusip>31556TAC3</cusip>
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          <isin value="US31556TAC36"/>
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        <curCd>USD</curCd>
        <valUSD>901199.89000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Paycom Software, Inc.</name>
        <lei>254900LSB0HNJUDC6Q18</lei>
        <title>Paycom Software, Inc.</title>
        <cusip>70432V102</cusip>
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          <isin value="US70432V1026"/>
          <other otherDesc="Inhouse Asset ID" value="574352"/>
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        <balance>1001.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>239339.10000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>SCIH Salt Holdings, Inc.</name>
        <lei>N/A</lei>
        <title>SCIH Salt Holdings, Inc.</title>
        <cusip>78433BAF5</cusip>
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          <isin value="US78433BAF58"/>
          <other otherDesc="Inhouse Asset ID" value="1640662"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>252659.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
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      <invstOrSec>
        <name>Aflac, Inc.</name>
        <lei>549300N0B7DOGLXWPP39</lei>
        <title>Aflac, Inc.</title>
        <cusip>001055102</cusip>
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          <isin value="US0010551028"/>
          <other otherDesc="Inhouse Asset ID" value="132"/>
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        <balance>1843.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Avolon Holdings Funding Ltd.</name>
        <lei>635400ZRKEX9L1BKCH30</lei>
        <title>Avolon Holdings Funding Ltd.</title>
        <cusip>05401ABA8</cusip>
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          <isin value="US05401ABA88"/>
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        <balance>1035000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1017038.39000000</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>2030-10-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.90000000</annualizedRt>
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        <name>Bombardier, Inc.</name>
        <lei>W7L3VLU8EHQY34Z36697</lei>
        <title>Bombardier, Inc.</title>
        <cusip>097751CE9</cusip>
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          <isin value="US097751CE90"/>
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        <balance>135000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>134118.64000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Simmons First National Corp.</name>
        <lei>549300IVR5AJKUVOGN05</lei>
        <title>Simmons First National Corp., Class A</title>
        <cusip>828730200</cusip>
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          <isin value="US8287302009"/>
          <other otherDesc="Inhouse Asset ID" value="299887"/>
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        <balance>1122.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Patterson-UTI Energy, Inc.</name>
        <lei>254900XGFBKIXD6G0697</lei>
        <title>Patterson-UTI Energy, Inc.</title>
        <cusip>703481101</cusip>
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          <isin value="US7034811015"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Texas Roadhouse, Inc.</name>
        <lei>5299002Y1CNRPDGXTQ75</lei>
        <title>Texas Roadhouse, Inc., Class A</title>
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        <fairValLevel>1</fairValLevel>
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        <name>G-III Apparel Group Ltd.</name>
        <lei>529900O5KABM3R3SFM87</lei>
        <title>G-III Apparel Group Ltd.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Rocket Cos., Inc.</name>
        <lei>N/A</lei>
        <title>Rocket Cos., Inc.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Vistra Operations Co. LLC</name>
        <lei>549300ZH5GKBTJZ7NM23</lei>
        <title>Vistra Operations Co. LLC</title>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>StoneCo Ltd.</name>
        <lei>549300O1A9LEF0XZCR35</lei>
        <title>StoneCo Ltd., Class A</title>
        <cusip>N/A</cusip>
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          <isin value="KYG851581069"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>Ambiq Micro, Inc.</name>
        <lei>529900H4UP6I4UMDAA87</lei>
        <title>Ambiq Micro, Inc.</title>
        <cusip>023193105</cusip>
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        <curCd>USD</curCd>
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        <name>Portland General Electric Co.</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>Navitas Semiconductor Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>PubMatic, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Novelis Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Exelon Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Galaxy Helios Data Centers II LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>N/A</name>
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        <fairValLevel>1</fairValLevel>
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        <name>7-Eleven, Inc.</name>
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        <name>SCREEN Holdings Co. Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Southern Co. (The)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Joby Aviation, Inc.</name>
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        <name>AerCap Ireland Capital DAC / AerCap Global Aviation Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Truist Financial Corp.</name>
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        <name>Chime Financial, Inc.</name>
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        <name>Bank of Montreal</name>
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        <fairValLevel>2</fairValLevel>
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        <name>VICI Properties LP / VICI Note Co., Inc.</name>
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        <name>BMO Mortgage Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Teva Pharmaceutical Finance Netherlands IV BV</name>
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        <fairValLevel>2</fairValLevel>
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        <name>L'Oreal SA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CACI International, Inc.</name>
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        <name>Nexstar Media, Inc.</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>Watco Cos. LLC / Watco Finance Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Murphy Oil Corp.</name>
        <lei>QBKYQD0ODE7DC7PDIN91</lei>
        <title>Murphy Oil Corp.</title>
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        <name>Continental AG</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Madison Park Funding XXX Ltd.</name>
        <lei>549300FFTJ3WPTJK8589</lei>
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        <name>American Tower Corp.</name>
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        <name>Avient Corp.</name>
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        <name>Eastern Energy Gas Holdings LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Akero Therapeutics, Inc.</name>
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        <fairValLevel>3</fairValLevel>
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        <name>Definium Therapeutics, Inc.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>Brixmor Property Group, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>StoneX Group, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Boliden AB</name>
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        <fairValLevel>2</fairValLevel>
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        <name>American Airlines, Inc. / AAdvantage Loyalty IP Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>EquipmentShare.com, Inc.</name>
        <lei>254900PWJK48CGPKPI80</lei>
        <title>EquipmentShare.com, Inc.</title>
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          <isin value="US29450YAA73"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Hilcorp Energy I LP / Hilcorp Finance Co.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Pinewood Finco plc</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Repsol SA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>TCW CLO Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Citigroup Commercial Mortgage Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Station Casinos LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Howmet Aerospace, Inc.</name>
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        <title>Howmet Aerospace, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>FHLMC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Swedish Krona</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Metropolitan Bank Holding Corp.</name>
        <lei>N/A</lei>
        <title>Metropolitan Bank Holding Corp.</title>
        <cusip>591774104</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Federative Republic of Brazil</name>
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        <name>Morgan Stanley</name>
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        <name>Ashtead Capital, Inc.</name>
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        <name>Netflix, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Suriname Government International Bond</name>
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        <name>AbbVie, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>InterContinental Hotels Group plc</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>Royalty Pharma plc</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Petronas Capital Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Symphony CLO XXIII Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>H &amp; M Hennes &amp; Mauritz AB</name>
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        <name>AT&amp;T, Inc.</name>
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        <name>American Transmission Systems, Inc.</name>
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        <name>Alkermes plc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Dryden 86 CLO Ltd.</name>
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        <name>Singapore Exchange Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>United States of America</name>
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        <fairValLevel>2</fairValLevel>
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        <name>TransDigm, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>GFL Environmental, Inc.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Spirit AeroSystems, Inc.</name>
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        <name>Wells Fargo Bank NA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Makita Corp.</name>
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        <name>Murata Manufacturing Co. Ltd.</name>
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        <name>APLD ComputeCo 2 LLC</name>
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        <name>DTE Energy Co.</name>
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        <name>CHS/Community Health Systems, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Pagseguro Digital Ltd.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Oriental Republic of Uruguay</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Duke Energy Corp.</name>
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        <valUSD>388061.82000000</valUSD>
        <pctVal>0.041589021156</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</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>Oracle Corp.</name>
        <lei>1Z4GXXU7ZHVWFCD8TV52</lei>
        <title>Oracle Corp.</title>
        <cusip>68389XDY8</cusip>
        <identifiers>
          <isin value="US68389XDY85"/>
          <other otherDesc="Inhouse Asset ID" value="1573138"/>
        </identifiers>
        <balance>160000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>150844.21000000</valUSD>
        <pctVal>0.016166143427</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-05-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.35000000</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>Sunrun, Inc.</name>
        <lei>54930007SJ77CI66U531</lei>
        <title>Sunrun, Inc.</title>
        <cusip>86771W105</cusip>
        <identifiers>
          <isin value="US86771W1053"/>
          <other otherDesc="Inhouse Asset ID" value="609716"/>
        </identifiers>
        <balance>887.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7601.59000000</valUSD>
        <pctVal>0.000814670939</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Efesto Bidco SpA Efesto US LLC</name>
        <lei>N/A</lei>
        <title>Efesto Bidco SpA Efesto US LLC, Series XR</title>
        <cusip>28201XAB1</cusip>
        <identifiers>
          <isin value="US28201XAB10"/>
          <other otherDesc="Inhouse Asset ID" value="1442339"/>
        </identifiers>
        <balance>625000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>635341.25000000</valUSD>
        <pctVal>0.068090235436</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</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>Westpac Banking Corp.</name>
        <lei>EN5TNI6CI43VEPAMHL14</lei>
        <title>Westpac Banking Corp.</title>
        <cusip>961214EQ2</cusip>
        <identifiers>
          <isin value="US961214EQ27"/>
          <other otherDesc="Inhouse Asset ID" value="1174998"/>
        </identifiers>
        <balance>344000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>246748.55000000</valUSD>
        <pctVal>0.026444319274</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-11-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.96300000</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>Royal Caribbean Cruises Ltd.</name>
        <lei>K2NEH8QNVW44JIWK7Z55</lei>
        <title>Royal Caribbean Cruises Ltd.</title>
        <cusip>780153BV3</cusip>
        <identifiers>
          <isin value="US780153BV38"/>
          <other otherDesc="Inhouse Asset ID" value="1379224"/>
        </identifiers>
        <balance>125000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>125788.66000000</valUSD>
        <pctVal>0.013480911989</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LR</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</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>Hess Midstream Operations LP</name>
        <lei>N/A</lei>
        <title>Hess Midstream Operations LP</title>
        <cusip>428102AE7</cusip>
        <identifiers>
          <isin value="US428102AE79"/>
          <other otherDesc="Inhouse Asset ID" value="1158141"/>
        </identifiers>
        <balance>595000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>573022.25000000</valUSD>
        <pctVal>0.061411438203</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</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>N/A</name>
        <lei>N/A</lei>
        <title>Forward Foreign Currency Contract</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Inhouse Asset ID" value="124188"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>N/A</curCd>
        <valUSD>-663.56000000</valUSD>
        <pctVal>-0.00007111447</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="Forward Foreign Currency Contract" issuerCat="OTHER"/>
        <invCountry>N/A</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>UBS AG</counterpartyName>
              <counterpartyLei>BFM8T61CT2L1QCEMIK50</counterpartyLei>
            </counterparties>
            <amtCurSold>135325.32000000</amtCurSold>
            <curSold>USD</curSold>
            <amtCurPur>866000.00000000</amtCurPur>
            <curPur>DKK</curPur>
            <settlementDt>2026-09-16</settlementDt>
            <unrealizedAppr>-663.56000000</unrealizedAppr>
          </fwdDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Iron Mountain, Inc.</name>
        <lei>SQL3F6CKNNBM3SQGHX24</lei>
        <title>Iron Mountain, Inc.</title>
        <cusip>46284VAQ4</cusip>
        <identifiers>
          <isin value="US46284VAQ41"/>
          <other otherDesc="Inhouse Asset ID" value="1425236"/>
        </identifiers>
        <balance>755000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>761382.02000000</valUSD>
        <pctVal>0.081598166337</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</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>Mars, Inc.</name>
        <lei>54930073HKEO6GZBSS03</lei>
        <title>Mars, Inc.</title>
        <cusip>571676BC8</cusip>
        <identifiers>
          <isin value="US571676BC81"/>
          <other otherDesc="Inhouse Asset ID" value="1450770"/>
        </identifiers>
        <balance>740000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>699736.04000000</valUSD>
        <pctVal>0.074991497414</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.70000000</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>Gates Corp.</name>
        <lei>984500F43C791F4C7894</lei>
        <title>Gates Corp.</title>
        <cusip>367398AA2</cusip>
        <identifiers>
          <isin value="US367398AA27"/>
          <other otherDesc="Inhouse Asset ID" value="1360586"/>
        </identifiers>
        <balance>655000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>668977.70000000</valUSD>
        <pctVal>0.071695091566</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</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="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="Used CNY (Onshore Yuan) instead of CNH (Offshore Yuan) for all base currency isocodes." noteItem="C.2.b"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-09-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Putnam Asset Allocation Funds</ncom:nameOfApplicant>
      <ncom:signature>Monica Krogh</ncom:signature>
      <ncom:signerName>Monica Krogh</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
