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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>VERIZON MASTER TRUST VZMT_24-3</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>VERD 2024-1A</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>VALLEY STREAM PARK CLO LTD VYSPK_22-1A</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
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        <isRestrictedSec>Y</isRestrictedSec>
        
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        <name>VFI 2025-1A</name>
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        <name>AVIS BUDGET RENTAL CAR FUNDING AESOP_23-1</name>
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        <name>AVIS BUDGET RENTAL CAR FUNDING AESOP_23-5</name>
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        <name>AMERICREDIT AUTOMOBILE RECEIVABLES TRUST AMCAR_23-2</name>
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        <name>AVIS BUDGET RENTAL CAR FUNDING AESOP_23-7</name>
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        <name>AVIS BUDGET RENTAL CAR FUNDING AESOP_23-8</name>
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        <name>AVIS BUDGET RENTAL CAR FUNDING AESOP_21-2</name>
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        <name>ATCLO 2021-16A</name>
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        <name>ATCLO 2021-16A</name>
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        <fairValLevel>2</fairValLevel>
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        <name>AFFRM 2025-X2</name>
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        <name>AFFRM 2025-X2</name>
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        <fairValLevel>2</fairValLevel>
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        <name>APOLLO AVIATION SECURITIZATION EQUITY TRUST AASET_25-3</name>
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        <name>APARK 2025-A</name>
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        <name>CARVANA AUTO RECEIVABLES TRUST CRVNA_21-N4</name>
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        <name>CARMAX AUTO OWNER TRUST CARMX_23-3</name>
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        <name>CARVANA AUTO RECEIVABLES TRUST CRVNA_23-P3</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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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>MONROE CAPITAL MML CLO MCMML_21-2</name>
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        <fairValLevel>2</fairValLevel>
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        <name>US BANK C&amp;I CREDIT-LINKED NOTES SERIES  USCLN_26-RVM1</name>
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        <lei>N/A</lei>
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      <invstOrSec>
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            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>17307221.000000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>450063.900000000023</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RISKLESS ISSUER</name>
        <lei>N/A</lei>
        <title>OIS PAYFIX USD 3.8175% 03-31-26/03-31-33 LCH</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="CG Symbol" value="MZO68439"/>
        </identifiers>
        <balance>1.00</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>177887.65</valUSD>
        <pctVal>0.0013735861</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>Lch Clearnet (Us)</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="SOFR" floatingRtSpread="3.650000000000" pmntAmt="2141.880000000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Year" rateTenorUnit="1" resetDt="Day" resetDtUnit="1"/>
              </rtResetTenors>
            </floatingRecDesc>
            <fixedPmntDesc amount="2209.110000000000" curCd="USD" fixedOrFloating="Fixed" fixedRt="3.817500000000"/>
            <terminationDt>2033-03-31</terminationDt>
            <upfrontPmnt>0.000000000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.000000000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>6944125.000000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>177887.649999999994</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CME CHICAGO MERCANTILE EXCHANGE</name>
        <lei>SNZ2OJLFK8MNNCLQOF39</lei>
        <title>SOFR 90DAY FUT OPT SFRZ6C C @ 98 12-11-26</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="CG Symbol" value="PFS2396"/>
        </identifiers>
        <balance>4859.00</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>60737.50</valUSD>
        <pctVal>0.0004689937</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerConditional desc="Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>CME Clearing</counterpartyName>
              <counterpartyLei>SNZ2OJLFK8MNNCLQOF39</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>CME CHICAGO MERCANTILE EXCHANGE</issuerName>
                <issueTitle>SOFR 90DAY FUT SFRZ6 03-16-27</issueTitle>
                <identifiers>
                  <other otherDesc="CGSymbol" value="PFS2396_REF"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>1000000.000000000000</shareNo>
            <exercisePrice>98.000000000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2026-12-11</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-797003.270000000019</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CME CHICAGO MERCANTILE EXCHANGE</name>
        <lei>SNZ2OJLFK8MNNCLQOF39</lei>
        <title>SOFR 90DAY FUT OPT SFRM7P P @ 95.75 06-11-27</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="CG Symbol" value="PFS3204"/>
        </identifiers>
        <balance>2692.00</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-2187250.00</valUSD>
        <pctVal>-0.0168891778</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerConditional desc="Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>CME Clearing</counterpartyName>
              <counterpartyLei>SNZ2OJLFK8MNNCLQOF39</counterpartyLei>
            </counterparties>
            <putOrCall>Put</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>CME CHICAGO MERCANTILE EXCHANGE</issuerName>
                <issueTitle>SOFR 90DAY FUT SFRM7 09-14-27</issueTitle>
                <identifiers>
                  <other otherDesc="CGSymbol" value="PFS3204_REF"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>1000000.000000000000</shareNo>
            <exercisePrice>95.750000000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2027-06-11</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>112378.380000000005</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CME CHICAGO MERCANTILE EXCHANGE</name>
        <lei>SNZ2OJLFK8MNNCLQOF39</lei>
        <title>UST 10YR FUT OPT TYV6C C @ 110.5 09-25-26</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="CG Symbol" value="PFU3224"/>
        </identifiers>
        <balance>1380.00</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>21562.50</valUSD>
        <pctVal>0.0001664981</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerConditional desc="Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>CME Clearing</counterpartyName>
              <counterpartyLei>SNZ2OJLFK8MNNCLQOF39</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>CME CHICAGO MERCANTILE EXCHANGE</issuerName>
                <issueTitle>UST 10YR FUT TYZ6 12-21-26</issueTitle>
                <identifiers>
                  <other otherDesc="CGSymbol" value="PFU3224_REF"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>100000.000000000000</shareNo>
            <exercisePrice>110.500000000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2026-09-25</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-224486.899999999994</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CME CHICAGO MERCANTILE EXCHANGE</name>
        <lei>SNZ2OJLFK8MNNCLQOF39</lei>
        <title>UST 10YR FUT OPT TYV6C C @ 110 09-25-26</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="CG Symbol" value="PFU3284"/>
        </identifiers>
        <balance>460.00</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>14375.00</valUSD>
        <pctVal>0.0001109987</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerConditional desc="Option" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>CME Clearing</counterpartyName>
              <counterpartyLei>SNZ2OJLFK8MNNCLQOF39</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>CME CHICAGO MERCANTILE EXCHANGE</issuerName>
                <issueTitle>UST 10YR FUT TYZ6 12-21-26</issueTitle>
                <identifiers>
                  <other otherDesc="CGSymbol" value="PFU3284_REF"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>100000.000000000000</shareNo>
            <exercisePrice>110.000000000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2026-09-25</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-62136.029999999999</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CME CHICAGO MERCANTILE EXCHANGE</name>
        <lei>SNZ2OJLFK8MNNCLQOF39</lei>
        <title>SOFR 90DAY FUT SFRZ6 03-16-27</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="SR3Z6"/>
          <other otherDesc="CG Symbol" value="ULS2984"/>
        </identifiers>
        <balance>8224.00</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-8004963.78</valUSD>
        <pctVal>-0.0618115242</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>CME Clearing</counterpartyName>
              <counterpartyLei>SNZ2OJLFK8MNNCLQOF39</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>CME CHICAGO MERCANTILE EXCHANGE</issuerName>
                <issueTitle>SOFR 90DAY FUT SFRZ6 03-16-27</issueTitle>
                <identifiers>
                  <other otherDesc="CGSymbol" value="ULS2984_REF"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2027-03-17</expDate>
            <notionalAmt>1972012400.000000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-8004963.780000000261</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CME CHICAGO MERCANTILE EXCHANGE</name>
        <lei>SNZ2OJLFK8MNNCLQOF39</lei>
        <title>UST 10YR FUT ULTRA UXYZ6 12-21-26</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="TNZ6"/>
          <other otherDesc="CG Symbol" value="ULU10345"/>
        </identifiers>
        <balance>1843.00</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>1158179.37</valUSD>
        <pctVal>0.0089430551</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>CME Clearing</counterpartyName>
              <counterpartyLei>SNZ2OJLFK8MNNCLQOF39</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>CME CHICAGO MERCANTILE EXCHANGE</issuerName>
                <issueTitle>UST 10YR FUT ULTRA UXYZ6 12-21-26</issueTitle>
                <identifiers>
                  <other otherDesc="CGSymbol" value="ULU10345_REF"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2026-12-31</expDate>
            <notionalAmt>-201664524.840000003576</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>1158179.370000000112</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CME CHICAGO MERCANTILE EXCHANGE</name>
        <lei>SNZ2OJLFK8MNNCLQOF39</lei>
        <title>UST 30YR FUT ULTRA WNZ6 12-21-26</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="UBZ6"/>
          <other otherDesc="CG Symbol" value="ULU10346"/>
        </identifiers>
        <balance>468.00</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>308936.89</valUSD>
        <pctVal>0.0023855024</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>CME Clearing</counterpartyName>
              <counterpartyLei>SNZ2OJLFK8MNNCLQOF39</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>CME CHICAGO MERCANTILE EXCHANGE</issuerName>
                <issueTitle>UST 30YR FUT ULTRA WNZ6 12-21-26</issueTitle>
                <identifiers>
                  <other otherDesc="CGSymbol" value="ULU10346_REF"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2026-12-31</expDate>
            <notionalAmt>-51494625.000000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>308936.890000000014</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CME CHICAGO MERCANTILE EXCHANGE</name>
        <lei>SNZ2OJLFK8MNNCLQOF39</lei>
        <title>UST 10YR FUT TYZ6 12-21-26</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="ZNZ6"/>
          <other otherDesc="CG Symbol" value="ULU10349"/>
        </identifiers>
        <balance>1988.00</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-1210817.06</valUSD>
        <pctVal>-0.0093495049</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>CME Clearing</counterpartyName>
              <counterpartyLei>SNZ2OJLFK8MNNCLQOF39</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>CME CHICAGO MERCANTILE EXCHANGE</issuerName>
                <issueTitle>UST 10YR FUT TYZ6 12-21-26</issueTitle>
                <identifiers>
                  <other otherDesc="CGSymbol" value="ULU10349_REF"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2026-12-31</expDate>
            <notionalAmt>214020625.000000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-1210817.060000000056</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CME CHICAGO MERCANTILE EXCHANGE</name>
        <lei>SNZ2OJLFK8MNNCLQOF39</lei>
        <title>UST 20YR FUT USZ6 12-21-26</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="ZBZ6"/>
          <other otherDesc="CG Symbol" value="ULU10352"/>
        </identifiers>
        <balance>63.00</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>69802.74</valUSD>
        <pctVal>0.0005389923</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>CME Clearing</counterpartyName>
              <counterpartyLei>SNZ2OJLFK8MNNCLQOF39</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>CME CHICAGO MERCANTILE EXCHANGE</issuerName>
                <issueTitle>UST 20YR FUT USZ6 12-21-26</issueTitle>
                <identifiers>
                  <other otherDesc="CGSymbol" value="ULU10352_REF"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2026-12-31</expDate>
            <notionalAmt>-6843375.000000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>69802.740000000005</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CME CHICAGO MERCANTILE EXCHANGE</name>
        <lei>SNZ2OJLFK8MNNCLQOF39</lei>
        <title>UST 5YR FUT FVZ6 12-31-26</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="ZFZ6"/>
          <other otherDesc="CG Symbol" value="ULU10485"/>
        </identifiers>
        <balance>554.00</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>87698.20</valUSD>
        <pctVal>0.0006771748</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>CME Clearing</counterpartyName>
              <counterpartyLei>SNZ2OJLFK8MNNCLQOF39</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>CME CHICAGO MERCANTILE EXCHANGE</issuerName>
                <issueTitle>UST 5YR FUT FVZ6 12-31-26</issueTitle>
                <identifiers>
                  <other otherDesc="CGSymbol" value="ULU10485_REF"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2027-01-06</expDate>
            <notionalAmt>-58559534.020000003278</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>87698.199999999997</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CME CHICAGO MERCANTILE EXCHANGE</name>
        <lei>SNZ2OJLFK8MNNCLQOF39</lei>
        <title>UST 2YR FUT TUZ6 12-31-26</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="ZTZ6"/>
          <other otherDesc="CG Symbol" value="ULU10855"/>
        </identifiers>
        <balance>18568.00</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-9387061.00</valUSD>
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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>BRIDGECREST LENDING AUTO SECURITIZATION TRUST BLAST_24-4</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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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>IMPERIAL FUND MORTGAGE TRUST IMPRL_22-NQM7</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>FORD CREDIT AUTO OWNER TRUST FORDR_23-1</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FORD CREDIT AUTO OWNER TRUST FORDR_23-2</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FIRST NATIONAL MASTER NOTE TRUST FNMNT_23-2</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>FORTRESS CREDIT BSL LIMITED FCBSL_22-2A</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FORD CREDIT FLOORPLAN MASTER OWNER TRUST FORDF_24-3</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FIRST NATIONAL MASTER NOTE TRUST FNMNT_25-1</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FORTRESS CREDIT BSL LTD FCBSL_23-1</name>
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        <name>FORDF 2025-1</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FLATIRON CLO 28 LTD FLAT_24-1A</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FORD CREDIT FLOORPLAN MASTER OWNER TRUST FORDF_25-2</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FCBSL 2020-1A</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>MARS INC</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <lei>IGJSJL3JD5P30I6NJZ34</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <lei>IGJSJL3JD5P30I6NJZ34</lei>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>NATIONAL AUSTRALIA BANK LTD (NEW YORK BRANCH)</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>PHILIP MORRIS INTERNATIONAL INC</name>
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          <isin value="US718172DY22"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>PACIFICORP</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>PHILIP MORRIS INTERNATIONAL INC</name>
        <lei>HL3H1H2BGXWVG3BSWR90</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PNC FINANCIAL SERVICES GROUP INC</name>
        <lei>CFGNEKW0P8842LEUIA51</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <invCountry>QA</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>JW 2024-BERY</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>APPLE INC</name>
        <lei>HWUPKR0MPOU8FGXBT394</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>AMERICAN EXPRESS CO</name>
        <lei>R4PP93JZOLY261QX3811</lei>
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          <other otherDesc="CG Symbol" value="FCA97439"/>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BANK OF MONTREAL</name>
        <lei>NQQ6HPCNCCU6TUTQYE16</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>BANK OF AMERICA CORP</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
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        <cusip>06051GMK2</cusip>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>BMW US CAPITAL LLC</name>
        <lei>KK5MZM9DIXLXZL9DZL15</lei>
        <title>BMW US CAPITAL LLC 144A LIFE SR UNSEC 5.05% 03-21-30</title>
        <cusip>05565ECY9</cusip>
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          <isin value="US05565ECY95"/>
          <other otherDesc="CG Symbol" value="FCB125115"/>
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        <curCd>USD</curCd>
        <valUSD>9980990.00</valUSD>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>BANK OF AMERICA CORP</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
        <title>BANK OF AMERICA CORP SR UNSEC 2.299% 07-21-32/31</title>
        <cusip>06051GKA6</cusip>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>BHP BILLITON FINANCE (USA) LTD</name>
        <lei>5493003NUVITP3TMY274</lei>
        <title>BHP BILLITON FINANCE USA LTD SR UNSEC 5.25% 09-08-26</title>
        <cusip>055451BB3</cusip>
        <identifiers>
          <isin value="US055451BB38"/>
          <other otherDesc="CG Symbol" value="FCB95240"/>
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        <curCd>USD</curCd>
        <valUSD>6001224.00</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CISCO SYSTEMS INC</name>
        <lei>549300LKFJ962MZ46593</lei>
        <title>CISCO SYSTEMS INC SR UNSEC 4.8% 02-26-27</title>
        <cusip>17275RBQ4</cusip>
        <identifiers>
          <isin value="US17275RBQ48"/>
          <other otherDesc="CG Symbol" value="FCC101521"/>
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        <curCd>USD</curCd>
        <valUSD>22598819.12</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>CHEVRON USA INC</name>
        <lei>VA8TZDWPEZYU430RZ444</lei>
        <title>CHEVRON USA INC SR UNSEC 4.687% 04-15-30</title>
        <cusip>166756BD7</cusip>
        <identifiers>
          <isin value="US166756BD74"/>
          <other otherDesc="CG Symbol" value="FCC124313"/>
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        <curCd>USD</curCd>
        <valUSD>9443788.02</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.687000000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CITIGROUP INC</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>CITIGROUP INC SR UNSEC 4.786% 03-04-29/28</title>
        <cusip>17327CAW3</cusip>
        <identifiers>
          <isin value="US17327CAW38"/>
          <other otherDesc="CG Symbol" value="FCC124365"/>
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        <curCd>USD</curCd>
        <valUSD>8099870.40</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>COREBRIDGE GLOBAL FUNDING</name>
        <lei>54930057MDZ7KOVOTV71</lei>
        <title>COREBRIDGE GLOBAL FUNDING GIC 144A LIFE SR UNSEC 4.25% 08-21-28</title>
        <cusip>00138CBG2</cusip>
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          <isin value="US00138CBG24"/>
          <other otherDesc="CG Symbol" value="FCC130254"/>
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        <curCd>USD</curCd>
        <valUSD>14830575.00</valUSD>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CHILE (REPUBLIC OF)</name>
        <lei>549300FLZTJM5YJF8D34</lei>
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        <cusip>168863EB0</cusip>
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          <other otherDesc="CG Symbol" value="FCC99777"/>
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        <curCd>USD</curCd>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>CL</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>DAIMLER TRUCKS FINANCE NORTH AMERICA LLC</name>
        <lei>5493003HSDTSCZRXBA58</lei>
        <title>DAIMLER TRUCK FINANCE NORTH AMERICA LLC 144A LIFE SR UNSEC 4.95% 01-13-28</title>
        <cusip>233853BC3</cusip>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>DAIMLER TRUCKS FINANCE NORTH AMERICA LLC</name>
        <lei>5493003HSDTSCZRXBA58</lei>
        <title>DAIMLER TRUCKS FINANCE NORTH AMERICA LLC 144A LIFE SR UNSEC 2.0% 12-14-26</title>
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        <name>DAIMLER TRUCKS FINANCE NORTH AMERICA LLC</name>
        <lei>5493003HSDTSCZRXBA58</lei>
        <title>DAIMLER TRUCK FINANCE NORTH AMERICA LLC 144A LIFE SR UNSEC 5.0% 01-15-27</title>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>ELI LILLY AND CO</name>
        <lei>FRDRIPF3EKNDJ2CQJL29</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>TORONTO-DOMINION BANK/THE</name>
        <lei>PT3QB789TSUIDF371261</lei>
        <title>TORONTO-DOMINION BANK SR UNSEC 4.783% 12-17-29</title>
        <cusip>89115A3C4</cusip>
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          <isin value="US89115A3C46"/>
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        <curCd>USD</curCd>
        <valUSD>5997672.00</valUSD>
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        <invCountry>CA</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TOYOTA MOTOR CREDIT CORP</name>
        <lei>Z2VZBHUMB7PWWJ63I008</lei>
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        <cusip>89236TMY8</cusip>
        <identifiers>
          <isin value="US89236TMY81"/>
          <other otherDesc="CG Symbol" value="FCT122018"/>
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        <curCd>USD</curCd>
        <valUSD>2504527.50</valUSD>
        <pctVal>0.0193390834</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>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>TORONTO-DOMINION BANK/THE</name>
        <lei>PT3QB789TSUIDF371261</lei>
        <title>TORONTO-DOMINION BANK SR UNSEC 4.861% 01-31-28</title>
        <cusip>89115A3E0</cusip>
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          <isin value="US89115A3E02"/>
          <other otherDesc="CG Symbol" value="FCT122676"/>
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        <curCd>USD</curCd>
        <valUSD>7521315.00</valUSD>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>VOLKSWAGEN GROUP OF AMERICA FINANCE LLC</name>
        <lei>5493002SQ1AVQBY41K40</lei>
        <title>VOLKSWAGEN GROUP OF AMERICA FINANCE LLC 144A LIFE SR UNSEC 5.05% 03-27-28</title>
        <cusip>928668CP5</cusip>
        <identifiers>
          <isin value="US928668CP53"/>
          <other otherDesc="CG Symbol" value="FCV125157"/>
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        <balance>20000000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>20035320.00</valUSD>
        <pctVal>0.1547057177</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.050000000000</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>VOLKSWAGEN GROUP OF AMERICA FINANCE LLC</name>
        <lei>5493002SQ1AVQBY41K40</lei>
        <title>VOLKSWAGEN GROUP OF AMERICA FINANCE LLC 144A LIFE SR UNSEC 4.95% 03-25-27</title>
        <cusip>928668CN0</cusip>
        <identifiers>
          <isin value="US928668CN06"/>
          <other otherDesc="CG Symbol" value="FCV125160"/>
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        <balance>9573000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>9596157.09</valUSD>
        <pctVal>0.0740981611</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.950000000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
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      <invstOrSec>
        <name>WELLS FARGO &amp; CO</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>WELLS FARGO &amp; CO SR UNSEC 5.707% 04-22-28/27</title>
        <cusip>95000U3L5</cusip>
        <identifiers>
          <isin value="US95000U3L56"/>
          <other otherDesc="CG Symbol" value="FCW103448"/>
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        <balance>13000000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>13091442.00</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>WALMART INC</name>
        <lei>Y87794H0US1R65VBXU25</lei>
        <title>WALMART INC SR UNSEC 4.35% 04-28-30</title>
        <cusip>931142FN8</cusip>
        <identifiers>
          <isin value="US931142FN86"/>
          <other otherDesc="CG Symbol" value="FCW126192"/>
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        <balance>2500000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2478382.50</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>2030-04-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.350000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>WALMART INC</name>
        <lei>Y87794H0US1R65VBXU25</lei>
        <title>WALMART INC SR UNSEC 3.9% 04-15-28</title>
        <cusip>931142FB4</cusip>
        <identifiers>
          <isin value="US931142FB49"/>
          <other otherDesc="CG Symbol" value="FCW90764"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3721353.75</valUSD>
        <pctVal>0.0287349891</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.900000000000</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>ALPHABET INC</name>
        <lei>5493006MHB84DD0ZWV18</lei>
        <title>ALPHABET INC SR UNSEC 4.1% 02-15-31</title>
        <cusip>02079KBK2</cusip>
        <identifiers>
          <isin value="US02079KBK25"/>
          <other otherDesc="CG Symbol" value="FDA41497"/>
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        <balance>8502000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8220039.67</valUSD>
        <pctVal>0.0634722648</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.100000000000</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>ALPHABET INC</name>
        <lei>5493006MHB84DD0ZWV18</lei>
        <title>ALPHABET INC SR UNSEC 4.4% 02-15-33</title>
        <cusip>02079KBL0</cusip>
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          <other otherDesc="CG Symbol" value="FDA41498"/>
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        <curCd>USD</curCd>
        <valUSD>2531228.11</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>ABBVIE INC</name>
        <lei>FR5LCKFTG8054YNNRU85</lei>
        <title>ABBVIE INC SR UNSEC 4.125% 03-15-31</title>
        <cusip>00287YEE5</cusip>
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          <isin value="US00287YEE59"/>
          <other otherDesc="CG Symbol" value="FDA42119"/>
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        <curCd>USD</curCd>
        <valUSD>8919305.06</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isPaidKind>N</isPaidKind>
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        <name>AMAZON.COM INC</name>
        <lei>ZXTILKJKG63JELOEG630</lei>
        <title>AMAZON.COM INC SR UNSEC 4.25% 03-13-31</title>
        <cusip>023135DD5</cusip>
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          <isin value="US023135DD51"/>
          <other otherDesc="CG Symbol" value="FDA42744"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>27166664.00</valUSD>
        <pctVal>0.2097714562</pctVal>
        <payoffProfile>Long</payoffProfile>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>AMERICAN EXPRESS CO</name>
        <lei>R4PP93JZOLY261QX3811</lei>
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        <cusip>025816ET2</cusip>
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          <other otherDesc="CG Symbol" value="FDA44833"/>
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        <curCd>USD</curCd>
        <valUSD>8900946.00</valUSD>
        <pctVal>0.0687299848</pctVal>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <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 SR UNSEC 4.8% 07-09-31</title>
        <cusip>023135EC6</cusip>
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          <isin value="US023135EC69"/>
          <other otherDesc="CG Symbol" value="FDA48370"/>
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        <curCd>USD</curCd>
        <valUSD>9116742.54</valUSD>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>AMAZON.COM INC</name>
        <lei>ZXTILKJKG63JELOEG630</lei>
        <title>AMAZON.COM INC SR UNSEC 4.6% 07-09-29</title>
        <cusip>023135EB8</cusip>
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          <other otherDesc="CG Symbol" value="FDA48372"/>
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        <curCd>USD</curCd>
        <valUSD>9955600.00</valUSD>
        <pctVal>0.0768736533</pctVal>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ABBVIE INC</name>
        <lei>FR5LCKFTG8054YNNRU85</lei>
        <title>ABBVIE INC SR UNSEC 4.875% 09-15-31</title>
        <cusip>00287YEN5</cusip>
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          <isin value="US00287YEN58"/>
          <other otherDesc="CG Symbol" value="FDA49580"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ALPHABET INC</name>
        <lei>5493006MHB84DD0ZWV18</lei>
        <title>ALPHABET INC SR UNSEC 5.2% 08-15-33</title>
        <cusip>02079KCR6</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>CSAIL COMMERCIAL MORTGAGE TRUST CSAIL_17-CX9</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CD 2017-CD6</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CSAIL 2017-CX10</name>
        <lei>N/A</lei>
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        <cusip>12595JAJ3</cusip>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CSAIL 2017-CX10</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CANTOR COMMERCIAL REAL ESTATE LENDING CF_19-CF1</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CITIGROUP MORTGAGE LOAN TRUST INC CMLTI_20-EXP1</name>
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        <curCd>USD</curCd>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>COLT MORTGAGE LOAN TRUST COLT_21-5</name>
        <lei>N/A</lei>
        <title>COLT 2021-5 A1 144A FRN 11-26-66</title>
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          <isin value="US12598RAA14"/>
          <other otherDesc="CG Symbol" value="FMC33448"/>
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        <valUSD>5586800.98</valUSD>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CIM TRUST CIM_22-R2</name>
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        <title>CIM 2022-R2 A1 144A FRN 12-25-61</title>
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          <other otherDesc="CG Symbol" value="FMC48006"/>
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        <valUSD>6248926.46</valUSD>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <lei>9DJT3UXIJIZJI4WXO774</lei>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>CPPIB CAPITAL INC</name>
        <lei>549300KW9NB55HTDK075</lei>
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          <other otherDesc="CG Symbol" value="FDC24960"/>
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        <invCountry>CA</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CPPIB CAPITAL INC</name>
        <lei>549300KW9NB55HTDK075</lei>
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        <invCountry>CA</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CITIBANK NA</name>
        <lei>E57ODZWZ7FF32TWEFA76</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CPPIB CAPITAL INC</name>
        <lei>549300KW9NB55HTDK075</lei>
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          <other otherDesc="CG Symbol" value="FDC9354"/>
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        <valUSD>10147501.95</valUSD>
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        <invCountry>CA</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>EATON CORPORATION</name>
        <lei>0NZWDMRCE180888QQE14</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>ECOLAB INC</name>
        <lei>82DYEISM090VG8LTLS26</lei>
        <title>ECOLAB INC SR UNSEC 4.8% 06-15-31</title>
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          <other otherDesc="CG Symbol" value="FDE46076"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>GOLDMAN SACHS GROUP INC</name>
        <lei>784F5XWPLTWKTBV3E584</lei>
        <title>GOLDMAN SACHS GROUP INC SR UNSEC 4.148% 01-21-29/28</title>
        <cusip>38145GAP5</cusip>
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          <other otherDesc="CG Symbol" value="FDG40631"/>
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        <curCd>USD</curCd>
        <valUSD>9913540.00</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>GOLDMAN SACHS BANK USA</name>
        <lei>KD3XUN7C6T14HNAYLU02</lei>
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          <isin value="US38151LAJ98"/>
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        <valUSD>11964456.00</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GOLDMAN SACHS GROUP INC</name>
        <lei>784F5XWPLTWKTBV3E584</lei>
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          <isin value="US38145GAV23"/>
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        <valUSD>9945270.00</valUSD>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>HYUNDAI CAPITAL AMERICA</name>
        <lei>549300RIPPWJB5Z0FK07</lei>
        <title>HYUNDAI CAPITAL AMERICA 144A LIFE SR UNSEC 4.25% 01-08-29</title>
        <cusip>44891AED5</cusip>
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          <isin value="US44891AED54"/>
          <other otherDesc="CG Symbol" value="FDH39972"/>
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        <curCd>USD</curCd>
        <valUSD>7595524.16</valUSD>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>HONEYWELL AEROSPACE INC</name>
        <lei>213800ZUAQRBYL67JS90</lei>
        <title>HONEYWELL AEROSPACE INC SR UNSEC 4.3% 03-16-31</title>
        <cusip>43849RAP0</cusip>
        <identifiers>
          <isin value="US43849RAP01"/>
          <other otherDesc="CG Symbol" value="FDH50022"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>11858454.59</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>2031-03-16</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>INTERCONTINENTAL EXCHANGE INC</name>
        <lei>5493000F4ZO33MV32P92</lei>
        <title>INTERCONTINENTAL EXCHANGE INC SR UNSEC 4.9% 09-01-31</title>
        <cusip>45865VAE0</cusip>
        <identifiers>
          <isin value="US45865VAE02"/>
          <other otherDesc="CG Symbol" value="FDI49978"/>
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        <curCd>USD</curCd>
        <valUSD>10585261.73</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>JPMORGAN CHASE &amp; CO</name>
        <lei>8I5DZWZKVSZI1NUHU748</lei>
        <title>JPMORGAN CHASE &amp; CO SR UNSEC 4.347% 01-22-32/31</title>
        <cusip>46647PFG6</cusip>
        <identifiers>
          <isin value="US46647PFG63"/>
          <other otherDesc="CG Symbol" value="FDJ40569"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10989728.30</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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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>JPMORGAN CHASE &amp; CO</name>
        <lei>8I5DZWZKVSZI1NUHU748</lei>
        <title>JPMORGAN CHASE &amp; CO SR UNSEC 4.408% 04-23-30/29</title>
        <cusip>46647PFL5</cusip>
        <identifiers>
          <isin value="US46647PFL58"/>
          <other otherDesc="CG Symbol" value="FDJ44233"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>11841432.00</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>4.408000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>JPMORGAN CHASE &amp; CO</name>
        <lei>8I5DZWZKVSZI1NUHU748</lei>
        <title>JPMORGAN CHASE &amp; CO SR UNSEC 5.041% 07-23-32/31</title>
        <cusip>48128BAU5</cusip>
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          <isin value="US48128BAU52"/>
          <other otherDesc="CG Symbol" value="FDJ48725"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10932966.00</valUSD>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>5.041000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>KUWAIT STATE OF (GOVERNMENT)</name>
        <lei>2549005G75NMAK8TM233</lei>
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        <cusip>85704AAB3</cusip>
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          <isin value="US85704AAB35"/>
          <other otherDesc="CG Symbol" value="FDK48996"/>
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        <curCd>USD</curCd>
        <valUSD>11947645.58</valUSD>
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        <invCountry>KW</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>KUWAIT STATE OF (GOVERNMENT)</name>
        <lei>2549005G75NMAK8TM233</lei>
        <title>KUWAIT INTERNATIONAL GOVERNMENT BOND 144A LIFE 5.157% 07-29-31</title>
        <cusip>85704AAC1</cusip>
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          <other otherDesc="CG Symbol" value="FDK48997"/>
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        <curCd>USD</curCd>
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        <invCountry>KW</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>MORGAN STANLEY</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
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        <cusip>61748UAR3</cusip>
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          <other otherDesc="CG Symbol" value="FDM40645"/>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>MORGAN STANLEY PRIVATE BANK NA</name>
        <lei>549300GS0W0TEUQS8571</lei>
        <title>MORGAN STANLEY PRIVATE BANK NA SR UNSEC 4.213% 02-08-30/29</title>
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          <isin value="US61776NU432"/>
          <other otherDesc="CG Symbol" value="FDM41073"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>MORGAN STANLEY</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>MORGAN STANLEY</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>MORGAN STANLEY</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>META PLATFORMS INC</name>
        <lei>BQ4BKCS1HXDV9HN80Z93</lei>
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          <other otherDesc="CG Symbol" value="FDM45074"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <fairValLevel>2</fairValLevel>
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        <name>SCHLUMBERGER INVESTMENT SA</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>TOTALENERGIES CAPITAL USA LLC</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>WALT DISNEY CO/THE</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>ABU DHABI (EMIRATE OF)</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>KINGDOM OF SAUDI ARABIA</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>KINGDOM OF SAUDI ARABIA</name>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
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        <lei>254900HROIFWPRGM1V77</lei>
        <title>UNITED STATES TREASURY NOTE 4.0% 01-31-29</title>
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        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>UNITED STATES TREASURY</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <lei>254900HROIFWPRGM1V77</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <lei>254900HROIFWPRGM1V77</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
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        <name>UNITED STATES TREASURY</name>
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        <lei>254900HROIFWPRGM1V77</lei>
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        <name>UNITED STATES TREASURY</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
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        <name>UNITED STATES TREASURY</name>
        <lei>254900HROIFWPRGM1V77</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>UNITED STATES TREASURY</name>
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          <isin value="US91282CBS98"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>UNITED STATES TREASURY</name>
        <lei>254900HROIFWPRGM1V77</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
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        <name>UNITED STATES TREASURY</name>
        <lei>254900HROIFWPRGM1V77</lei>
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        <name>UNITED STATES TREASURY</name>
        <lei>254900HROIFWPRGM1V77</lei>
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        <name>UNITED STATES TREASURY</name>
        <lei>254900HROIFWPRGM1V77</lei>
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        <name>SEASONED CREDIT RISK TRANSFER SCRT_19-1</name>
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        <name>SEASONED CREDIT RISK TRANSFER SCRT_19-4</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>ALTDE 2026-1A</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>AWPT 2021-12A</name>
        <lei>N/A</lei>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>ALLO ISSUER LLC ALLO_26-1</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>ADC 2026-1A</name>
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        <fairValLevel>2</fairValLevel>
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        <name>AMERICAN CREDIT ACCEPTANCE RECEIVABLES TRUST ACAR_26-3</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>AMERICAN CREDIT ACCEPTANCE RECEIVABLES TRUST ACAR_26-3</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>AASET 2026-1A</name>
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        <name>AXIS 2026-1A</name>
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        <name>ALLEGRO CLO XII ALLEG_20-1AR</name>
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        <name>ARIVO 2026-1A</name>
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        <name>AVANT CREDIT CARD MASTER TRUST AVCCT_26-1</name>
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        <name>BALLYROCK LTD BALLY_22-20A</name>
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        <name>BLAST 2026-1</name>
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        <fairValLevel>2</fairValLevel>
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        <name>BLAST 2026-1</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BCC MIDDLE MARKET CLO LLC BCMM_23-2A</name>
        <lei>N/A</lei>
        <title>BCMM 2023-2A A1R CLO 144A FRN 10-21-35</title>
        <cusip>05554QAQ4</cusip>
        <identifiers>
          <isin value="US05554QAQ47"/>
          <other otherDesc="CG Symbol" value="FZB54249"/>
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        <curCd>USD</curCd>
        <valUSD>2425575.93</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>5.083730000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CARMX 2026-1</name>
        <lei>N/A</lei>
        <title>CARMX 2026-1 A3 4.04% 03-17-31</title>
        <cusip>14320XAD3</cusip>
        <identifiers>
          <isin value="US14320XAD30"/>
          <other otherDesc="CG Symbol" value="FZC54108"/>
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        <balance>5299000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>5255830.37</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.040000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CAVU 2021-2A</name>
        <lei>N/A</lei>
        <title>CAVU 2021-2A CR CLO 144A FRN 10-25-34</title>
        <cusip>89624UAS1</cusip>
        <identifiers>
          <isin value="US89624UAS15"/>
          <other otherDesc="CG Symbol" value="FZC54327"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2102405.80</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CMXS 2026-A</name>
        <lei>N/A</lei>
        <title>CMXS 2026-A A2A 4.03% 12-17-29</title>
        <cusip>142929AB4</cusip>
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          <isin value="US142929AB47"/>
          <other otherDesc="CG Symbol" value="FZC54860"/>
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        <curCd>USD</curCd>
        <valUSD>7652793.10</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.030000000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CNSL 2026-1A</name>
        <lei>N/A</lei>
        <title>CNSL 2026-1A A2 144A 5.079% 03-20-56</title>
        <cusip>315961AG7</cusip>
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          <isin value="US315961AG76"/>
          <other otherDesc="CG Symbol" value="FZC54971"/>
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        <curCd>USD</curCd>
        <valUSD>1425477.90</valUSD>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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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>CPTRS 2026-1A</name>
        <lei>N/A</lei>
        <title>CPTRS 2026-1A A2 144A 4.44% 09-20-33</title>
        <cusip>14077FAB1</cusip>
        <identifiers>
          <isin value="US14077FAB13"/>
          <other otherDesc="CG Symbol" value="FZC55605"/>
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        <balance>11072224.61</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>11027749.70</valUSD>
        <pctVal>0.0851524174</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-09-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.440000000000</annualizedRt>
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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>CLARUS 2026-1A</name>
        <lei>N/A</lei>
        <title>CLARUS 2026-1A A2 144A 4.52% 11-20-34</title>
        <cusip>18271RAB0</cusip>
        <identifiers>
          <isin value="US18271RAB06"/>
          <other otherDesc="CG Symbol" value="FZC56947"/>
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        <balance>13471000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>13459121.27</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-11-20</maturityDt>
          <couponKind>Fixed</couponKind>
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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>CPS 2026-B</name>
        <lei>N/A</lei>
        <title>CPS 2026-B A 144A 4.35% 02-15-30</title>
        <cusip>12676XAA3</cusip>
        <identifiers>
          <isin value="US12676XAA37"/>
          <other otherDesc="CG Symbol" value="FZC57010"/>
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        <balance>1523190.78</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1521210.48</valUSD>
        <pctVal>0.0117462541</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.350000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CASTLELAKE AIRCRAFT STRUCTURED TRUST 2026-2</name>
        <lei>N/A</lei>
        <title>CLAST 2026-2A A 144A 5.333% 04-15-51</title>
        <cusip>14855UAA8</cusip>
        <identifiers>
          <isin value="US14855UAA88"/>
          <other otherDesc="CG Symbol" value="FZC57029"/>
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        <balance>13575115.42</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>13392448.67</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.333000000000</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>
        </securityLending>
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      <invstOrSec>
        <name>CAALT 2026-1A</name>
        <lei>N/A</lei>
        <title>CAALT 2026-1A A 144A 4.65% 04-15-36</title>
        <cusip>22535XAA3</cusip>
        <identifiers>
          <isin value="US22535XAA37"/>
          <other otherDesc="CG Symbol" value="FZC57174"/>
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        <balance>3202000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3174633.15</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.650000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CCITY 2023-5A</name>
        <lei>N/A</lei>
        <title>CCITY 2023-5A A1R2 CLO 144A FRN 04-22-37</title>
        <cusip>22823ABC9</cusip>
        <identifiers>
          <isin value="US22823ABC99"/>
          <other otherDesc="CG Symbol" value="FZC58651"/>
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        <balance>3000000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3002985.00</valUSD>
        <pctVal>0.0231879975</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CHERRY SECURITIZATION TRUST 2026-1</name>
        <lei>N/A</lei>
        <title>CHRY 2026-1A A 144A 5.43% 01-17-34</title>
        <cusip>16473TAA8</cusip>
        <identifiers>
          <isin value="US16473TAA88"/>
          <other otherDesc="CG Symbol" value="FZC59374"/>
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        <balance>8218000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8205572.74</valUSD>
        <pctVal>0.0633605563</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-01-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.430000000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CANYC 2016-1A</name>
        <lei>N/A</lei>
        <title>CANYC 2016-1A CR2 CLO 144A FRN 07-15-31</title>
        <cusip>13887PAX3</cusip>
        <identifiers>
          <isin value="US13887PAX33"/>
          <other otherDesc="CG Symbol" value="FZC59524"/>
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        <balance>2985194.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2986594.06</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.150000000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CANYC 2018-1A</name>
        <lei>N/A</lei>
        <title>CANYC 2018-1A AR1 CLO 144A FRN 10-15-34</title>
        <cusip>13877BAL2</cusip>
        <identifiers>
          <isin value="US13877BAL27"/>
          <other otherDesc="CG Symbol" value="FZC59531"/>
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        <balance>6301000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6308983.37</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>CANYC 2016-2A</name>
        <lei>N/A</lei>
        <title>CANYC 2016-2A AR2 CLO 144A FRN 10-15-31</title>
        <cusip>13876VAU9</cusip>
        <identifiers>
          <isin value="US13876VAU98"/>
          <other otherDesc="CG Symbol" value="FZC59532"/>
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        <balance>9343000.00</balance>
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        <curCd>USD</curCd>
        <valUSD>9350194.11</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>CANYC 2017-1A</name>
        <lei>N/A</lei>
        <title>CANYC 2017-1A AR2 CLO 144A FRN 07-15-34</title>
        <cusip>13876GAU2</cusip>
        <identifiers>
          <isin value="US13876GAU22"/>
          <other otherDesc="CG Symbol" value="FZC59534"/>
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        <balance>2154000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2154984.38</valUSD>
        <pctVal>0.0166400340</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.784000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CPS 2026-C</name>
        <lei>N/A</lei>
        <title>CPS 2026-C A 144A 4.52% 04-15-30</title>
        <cusip>12677MAA6</cusip>
        <identifiers>
          <isin value="US12677MAA62"/>
          <other otherDesc="CG Symbol" value="FZC60544"/>
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        <balance>6897481.28</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6888552.84</valUSD>
        <pctVal>0.0531909903</pctVal>
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        <name>EART 2026-3A</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>EZEE FIBER FUNDING LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FCBSL 2023-3A</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FCBSL 2023-3A</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FORDR 2026-1</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>FCCU 2026-1A</name>
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        <name>FCCU 2026-1A</name>
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        <name>FORD CREDIT FLOORPLAN MASTER OWNER TRUST FORDF_26-1</name>
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        <name>GCRED 2025-BSL1A</name>
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        <name>GCRED 2025-BSL1A</name>
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        <name>GALXY 2016-22A</name>
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        <name>GLS AUTO RECEIVABLES ISSUER TRUST 2026-1</name>
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          <annualizedRt>4.040000000000</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>SNDPT 2022-1A</name>
        <lei>N/A</lei>
        <title>SNDPT 2022-1A BR CLO 144A FRN 04-20-35</title>
        <cusip>83616KAL1</cusip>
        <identifiers>
          <isin value="US83616KAL17"/>
          <other otherDesc="CG Symbol" value="FZS55564"/>
        </identifiers>
        <balance>1256000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1258182.93</valUSD>
        <pctVal>0.0097152475</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-04-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.560150000000</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>SNDPT 2022-1A</name>
        <lei>N/A</lei>
        <title>SNDPT 2022-1A AR CLO 144A FRN 04-20-35</title>
        <cusip>83616KAJ6</cusip>
        <identifiers>
          <isin value="US83616KAJ60"/>
          <other otherDesc="CG Symbol" value="FZS55565"/>
        </identifiers>
        <balance>5646000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5649020.61</valUSD>
        <pctVal>0.0436197569</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-04-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.910150000000</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>SCCU 2026-1A</name>
        <lei>N/A</lei>
        <title>SCCU 2026-1A A2 144A 4.18% 08-15-29</title>
        <cusip>80620DAB9</cusip>
        <identifiers>
          <isin value="US80620DAB91"/>
          <other otherDesc="CG Symbol" value="FZS56986"/>
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        <balance>3413000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3407655.41</valUSD>
        <pctVal>0.0263127205</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.180000000000</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>SLAM 2026-1A</name>
        <lei>N/A</lei>
        <title>SLAM 2026-1A A 144A 5.547% 07-15-51</title>
        <cusip>831005AA1</cusip>
        <identifiers>
          <isin value="US831005AA19"/>
          <other otherDesc="CG Symbol" value="FZS57286"/>
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        <balance>7557467.67</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7482316.21</valUSD>
        <pctVal>0.0577758229</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.547000000000</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>SPEAK 2018-5A</name>
        <lei>N/A</lei>
        <title>SPEAK 2018-5A CR2 CLO 144A FRN 04-25-37</title>
        <cusip>82666VAU8</cusip>
        <identifiers>
          <isin value="US82666VAU89"/>
          <other otherDesc="CG Symbol" value="FZS58432"/>
        </identifiers>
        <balance>2000000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2009336.00</valUSD>
        <pctVal>0.0155153882</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-04-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.760150000000</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>SYMP 2024-44A</name>
        <lei>213800MRCL5WD4V7W689</lei>
        <title>SYMP 2024-44A A1R CLO 144A FRN 07-14-37</title>
        <cusip>871972AP0</cusip>
        <identifiers>
          <isin value="US871972AP09"/>
          <other otherDesc="CG Symbol" value="FZS59606"/>
        </identifiers>
        <balance>13000000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>13009867.00</valUSD>
        <pctVal>0.1004576324</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-14</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.940550000000</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>SYNCHRONY CARD ISSUANCE TRUST SYNIT_26-A2</name>
        <lei>N/A</lei>
        <title>SYNIT 2026-A2 A 4.69% 07-15-32</title>
        <cusip>87166PAT8</cusip>
        <identifiers>
          <isin value="US87166PAT84"/>
          <other otherDesc="CG Symbol" value="FZS61860"/>
        </identifiers>
        <balance>27920000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>27843369.37</valUSD>
        <pctVal>0.2149967379</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.690000000000</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>T-MOBILE US TRUST TMUST_26-1</name>
        <lei>N/A</lei>
        <title>TMUST 2026-1A A 144A 4.25% 10-21-30</title>
        <cusip>87269AAA8</cusip>
        <identifiers>
          <isin value="US87269AAA88"/>
          <other otherDesc="CG Symbol" value="FZT55603"/>
        </identifiers>
        <balance>11899000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>11835441.49</valUSD>
        <pctVal>0.0913891303</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.250000000000</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>TACLN 2026-1</name>
        <lei>N/A</lei>
        <title>TACLN 2026-1 B 144A 5.067% 06-26-34</title>
        <cusip>897926DQ1</cusip>
        <identifiers>
          <isin value="US897926DQ15"/>
          <other otherDesc="CG Symbol" value="FZT59194"/>
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        <balance>23805107.52</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>23763555.70</valUSD>
        <pctVal>0.1834938469</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-06-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.067000000000</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>UMPT 2026-ST1</name>
        <lei>N/A</lei>
        <title>UMPT 2026-ST1 B 144A 4.635% 03-15-34</title>
        <cusip>91533VAB2</cusip>
        <identifiers>
          <isin value="US91533VAB27"/>
          <other otherDesc="CG Symbol" value="FZU54330"/>
        </identifiers>
        <balance>555000.00</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>551982.24</valUSD>
        <pctVal>0.0042622134</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.635000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2026-10-28</ncom:dateSigned>
      <ncom:nameOfApplicant>Short-Term Bond Fund of America</ncom:nameOfApplicant>
      <ncom:signature>Scott Lewis</ncom:signature>
      <ncom:signerName>Scott Lewis</ncom:signerName>
      <ncom:title>Compliance Specialist Senior</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
