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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NBN CO LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>VOLKSWAGEN GROUP AMERICA</name>
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        <title>Volkswagen Group of America Finance LLC</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-03-25</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Freddie Mac - STACR</name>
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        <title>Freddie Mac STACR REMIC Trust 2022-HQA3</title>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>MARS INC</name>
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        <title>Mars Inc</title>
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        <balance>185000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>JPMorgan Securities LLC</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>KOREAN WON</title>
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      <invstOrSec>
        <name>Eurex Deutschland</name>
        <lei>529900LN3S50JPU47S06</lei>
        <title>STOXX EUROPE 600 MAR 26</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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            <payOffProf>Long</payOffProf>
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      <invstOrSec>
        <name>Royal Bank of Canada</name>
        <lei>ES7IP3U3RHIGC71XBU11</lei>
        <title>US DOLLARS</title>
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      <invstOrSec>
        <name>Chicago Mercantile Exchange</name>
        <lei>SNZ2OJLFK8MNNCLQOF39</lei>
        <title>S&amp;P500 EMINI MAR 26</title>
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            <payOffProf>Long</payOffProf>
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        <name>JPMORGAN CHASE &amp; CO</name>
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        <name>JPMorgan Securities LLC</name>
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        <name>Verus Securitization Trust</name>
        <lei>213800278TKDEXPH6140</lei>
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        <name>ROMANIA</name>
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        <name>American Airlines, Inc.</name>
        <lei>IWUQB36BXD6OWD6X4T14</lei>
        <title>American Airlines Inc 2025 Term Loan B</title>
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        <name>CLEVELAND-CLIFFS INC</name>
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        <name>Colony American Finance Ltd</name>
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      <invstOrSec>
        <name>ICE Futures Europe - Financial Products Division</name>
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        <name>HCA INC</name>
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      <invstOrSec>
        <name>ICE Futures Europe</name>
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        <name>GoldenTree Loan Management US CLO1, LTD</name>
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        <name>CZECH REPUBLIC</name>
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        <invCountry>CZ</invCountry>
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        <name>ICG US CLO Ltd</name>
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        <name>Freddie Mac</name>
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        <title>Freddie Mac Pool</title>
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        <name>FHLMC Multifamily Structured Pass Through Certs.</name>
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        <title>Freddie Mac Multifamily Structured Pass Through Certificates</title>
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        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Pool</title>
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        <name>SPECTRUM BRANDS INC</name>
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        <title>Spectrum Brands Inc</title>
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        <name>MetroNet Infrastructure Issuer LLC</name>
        <lei>5493000BIROCAEATAQ61</lei>
        <title>MetroNet Infrastructure Issuer LLC</title>
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        <name>CENTERPOINT ENERGY INC</name>
        <lei>21TPXMRRHFKOBHDC8J74</lei>
        <title>CenterPoint Energy Inc</title>
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        <name>State Street Bank &amp; Trust Co.</name>
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        <name>JPMorgan Securities LLC</name>
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        <title>KOREAN WON</title>
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        <name>ASX - All Markets</name>
        <lei>N/A</lei>
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        <name>Chicago Mercantile Exchange</name>
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      <invstOrSec>
        <name>Hudson Yards</name>
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        <name>SVC ABS LLC</name>
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        <name>Korea Exchange (Futures Market)</name>
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        <name>Progress Residential Trust</name>
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        <name>VIRGIN MEDIA SECURED FIN</name>
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        <name>DISH NETWORK CORP</name>
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        <name>DWR CYMRU FINANCING UK</name>
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        <name>Government National Mortgage Association</name>
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        <title>Ginnie Mae II Pool</title>
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        <name>MORGAN STANLEY PVT BANK</name>
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        <title>Morgan Stanley Private Bank NA</title>
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        <name>TRANSDIGM INC</name>
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        <title>TransDigm Inc</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>INTEL CORP</name>
        <lei>KNX4USFCNGPY45LOCE31</lei>
        <title>Intel Corp</title>
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          <isin value="US458140CJ73"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-02-10</maturityDt>
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      <invstOrSec>
        <name>Mexico Government International Bonds</name>
        <lei>254900EGTWEU67VP6075</lei>
        <title>Mexico Government International Bonds</title>
        <cusip>91087BAT7</cusip>
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          <isin value="US91087BAT70"/>
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        <balance>227000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>220738.52000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-05-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.88000000</annualizedRt>
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      <invstOrSec>
        <name>GRIFOLS SA</name>
        <lei>959800HSSNXWRKBK4N60</lei>
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          <isin value="XS2805351843"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>INTL BK RECON &amp; DEVELOP</name>
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        <title>International Bank for Reconstruction &amp; Development</title>
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          <isin value="XS1864034365"/>
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        <invCountry>XX</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-08-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.20000000</annualizedRt>
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      <invstOrSec>
        <name>PHILIPPINE GOVERNMENT</name>
        <lei>529900RAHBALMYIJ3T08</lei>
        <title>Philippine Government Bond</title>
        <cusip>000000000</cusip>
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          <isin value="PH0000060907"/>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>PH</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>REPUBLIC OF INDONESIA</name>
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        <title>Indonesia Government International Bond</title>
        <cusip>000000000</cusip>
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          <isin value="XS2280331898"/>
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        <balance>100000.00000000</balance>
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        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-03-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.10000000</annualizedRt>
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      <invstOrSec>
        <name>Chicago Mercantile Exchange</name>
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        <title>AUD/USD FUTURE (CME) MAR 26</title>
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        <balance>5.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
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        <assetCat>DFE</assetCat>
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        <fairValLevel>1</fairValLevel>
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            <payOffProf>Long</payOffProf>
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                <indexName>CME Australian Dollar Currency Futures</indexName>
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      <invstOrSec>
        <name>VENTURE GLOBAL LNG INC</name>
        <lei>54930011XLBUWMQUC829</lei>
        <title>Venture Global LNG Inc</title>
        <cusip>92332YAD3</cusip>
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          <isin value="US92332YAD31"/>
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        <balance>177000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>187566.41000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>HUDSON PACIFIC PROPERTIE</name>
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        <title>Hudson Pacific Properties LP</title>
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        <curCd>USD</curCd>
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          <maturityDt>2027-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>GSAMP Trust</name>
        <lei>N/A</lei>
        <title>GSAMP Trust 2005-WMC3</title>
        <cusip>362341L56</cusip>
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        <curCd>USD</curCd>
        <valUSD>353487.43000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-12-25</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Johannesburg Stock Exchange</name>
        <lei>N/A</lei>
        <title>FTSE/JSE TOP 40 MAR 26</title>
        <cusip>000000000</cusip>
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                <indexName>SAFEX FTSE/JSE Top 40 Index Futures</indexName>
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        <name>JPMorgan Securities LLC</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>KOREAN WON</title>
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        <name>AMERICAN EXPRESS CO</name>
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        <title>American Express Co</title>
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        <name>Chicago Board of Trade</name>
        <lei>549300EX04Q2QBFQTQ27</lei>
        <title>US 2YR NOTE JUN 26</title>
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        <name>BERRY GLOBAL INC</name>
        <lei>549300AP2Q7ERHX6RI89</lei>
        <title>Berry Global Inc</title>
        <cusip>085770AA3</cusip>
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          <isin value="US085770AA31"/>
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        <balance>24000.00000000</balance>
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        <name>MOLINA HEALTHCARE INC</name>
        <lei>549300NQQCEQ46YHZ591</lei>
        <title>Molina Healthcare Inc</title>
        <cusip>60855RAM2</cusip>
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        <curCd>USD</curCd>
        <valUSD>201665.45000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Residential Asset Mortgage Products, INC.</name>
        <lei>N/A</lei>
        <title>RAMP Series 2006-RZ2 Trust</title>
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          <isin value="US75156UAD90"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MALAYSIA GOVERNMENT</name>
        <lei>254900GSIL471JOBYY43</lei>
        <title>Malaysia Government Bond</title>
        <cusip>000000000</cusip>
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          <isin value="MYBMX1100044"/>
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        <balance>1505000.00000000</balance>
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        <currencyConditional curCd="MYR" exchangeRt="3.89100000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.23000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Pool</title>
        <cusip>31418ED80</cusip>
        <identifiers>
          <isin value="US31418ED805"/>
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        <balance>533725.20000000</balance>
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        <curCd>USD</curCd>
        <valUSD>519150.42000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>INDONESIA GOVERNMENT</name>
        <lei>529900FWX0GRR7WG5W79</lei>
        <title>Indonesia Treasury Bond</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="IDG000024605"/>
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        <balance>6212000000.00000000</balance>
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        <currencyConditional curCd="IDR" exchangeRt="16765.00000000"/>
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        <pctVal>0.061392433339</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>JPMorgan Securities LLC</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>CHILEAN PESO</title>
        <cusip>000000000</cusip>
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          <other otherDesc="Internal Identifier" value="CCTCLP"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="CLP" exchangeRt="872.72000000"/>
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        <pctVal>-0.00041429507</pctVal>
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        <assetCat>DFE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>JPMorgan Securities LLC</counterpartyName>
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            <amtCurSold>500000.00000000</amtCurSold>
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            <unrealizedAppr>-2574.10000000</unrealizedAppr>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AMERICAN EXPRESS CO</name>
        <lei>R4PP93JZOLY261QX3811</lei>
        <title>American Express Co</title>
        <cusip>025816EK1</cusip>
        <identifiers>
          <isin value="US025816EK11"/>
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        <balance>170000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>173843.99000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-07-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.92000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Commercial Mortgage Pass-through Certificates</name>
        <lei>N/A</lei>
        <title>ILPT Commercial Mortgage Trust 2025-LPF2</title>
        <cusip>451955AJ7</cusip>
        <identifiers>
          <isin value="US451955AJ74"/>
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        <balance>485000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>502840.24000000</valUSD>
        <pctVal>0.080930901931</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-07-13</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>8.20000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>EVERSOURCE ENERGY</name>
        <lei>SJ7XXD41SQU3ZNWUJ746</lei>
        <title>Eversource Energy</title>
        <cusip>30040WBD9</cusip>
        <identifiers>
          <isin value="US30040WBD92"/>
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        <balance>520000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>523288.52000000</valUSD>
        <pctVal>0.084222002388</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.35000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>JPMorgan Securities LLC</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>US DOLLARS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="CCTUSD"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="ZAR" exchangeRt="1.00000000"/>
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        <pctVal>0.000005671791</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <fwdDeriv derivCat="FWD">
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              <counterpartyName>JPMorgan Securities LLC</counterpartyName>
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            <amtCurSold>1595500.51000000</amtCurSold>
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            <amtCurPur>100000.00000000</amtCurPur>
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            <settlementDt>2026-03-31</settlementDt>
            <unrealizedAppr>35.24000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UNITED KINGDOM GILT</name>
        <lei>ECTRVYYCEF89VWYS6K36</lei>
        <title>U.K. Gilts</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB00BQC82B83"/>
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        <balance>317000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.74203242"/>
        <valUSD>434094.30000000</valUSD>
        <pctVal>0.069866411690</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.13000000</annualizedRt>
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      <invstOrSec>
        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_18-63</name>
        <lei>N/A</lei>
        <title>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNMA_18-63</title>
        <cusip>38380WUG2</cusip>
        <identifiers>
          <isin value="US38380WUG22"/>
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        <balance>576287.34000000</balance>
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        <curCd>USD</curCd>
        <valUSD>107855.52000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-09-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>JP Morgan Chase Commercial Mortgage Sec Trust</name>
        <lei>N/A</lei>
        <title>J.P. Morgan Chase Commercial Mortgage Securities Trust 2019-OSB</title>
        <cusip>46651EAA2</cusip>
        <identifiers>
          <isin value="US46651EAA29"/>
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        <balance>375000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>356313.98000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-06-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.40000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FIRSTKEY HOMES TRUST FKH_21-SFR2</name>
        <lei>N/A</lei>
        <title>FIRSTKEY HOMES TRUST FKH_21-SFR2</title>
        <cusip>33767TAQ3</cusip>
        <identifiers>
          <isin value="US33767TAQ31"/>
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        <balance>850000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>837306.44000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-09-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.16000000</annualizedRt>
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        <name>ENERGIZER HOLDINGS INC</name>
        <lei>5493000D6NN0V57UME20</lei>
        <title>Energizer Holdings Inc</title>
        <cusip>29272WAG4</cusip>
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          <isin value="US29272WAG42"/>
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        <balance>155000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>151437.79000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Pool</title>
        <cusip>3140QV3B8</cusip>
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          <isin value="US3140QV3B86"/>
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        <balance>500551.34000000</balance>
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        <issuerCat>USGSE</issuerCat>
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        <name>JPMorgan Securities LLC</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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      <invstOrSec>
        <name>State Street Bank &amp; Trust Co.</name>
        <lei>571474TGEMMWANRLN572</lei>
        <title>BRITISH POUND</title>
        <cusip>000000000</cusip>
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        <balance>1.00000000</balance>
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        <isRestrictedSec>N</isRestrictedSec>

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              <counterpartyName>State Street Bank &amp; Trust Co.</counterpartyName>
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        <name>Euronext Paris Matif</name>
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        <name>ICE Futures Europe</name>
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        <name>Freddie Mac</name>
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        <name>DOMINION ENERGY INC</name>
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        <name>PINNACLE BANK TN</name>
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        <name>JPMorgan Securities LLC</name>
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        <name>Citigroup Global Markets, Inc.</name>
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        <name>CSN RESOURCES SA</name>
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        <name>ICE Futures U.S., Inc.</name>
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        <name>Invesco CLO LTD</name>
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        <name>ICE Futures U.S., Inc.</name>
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        <name>Arroyo Mortgage Trust</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MSCI INC</name>
        <lei>549300HTIN2PD78UB763</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Fannie Mae</name>
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        <fairValLevel>2</fairValLevel>
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        <name>BX Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Osaka Exchange</name>
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                <indexName>TSE Mini Topix Futures</indexName>
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      <invstOrSec>
        <name>ICE Futures U.S., Inc.</name>
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        <fairValLevel>1</fairValLevel>
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                <indexName>NYBOT CSC Number 11 World Sugar Futures</indexName>
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        <name>Avis Budget Rental Car Funding AESOP LLC</name>
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        <name>PRESTIGE BRANDS INC</name>
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        <title>Prestige Brands Inc</title>
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        <name>EXTRA SPACE STORAGE LP</name>
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        <name>JPMorgan Securities LLC</name>
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        <name>New York Mercantile Exchange</name>
        <lei>5493008GFNDTXFPHWI47</lei>
        <title>NATURAL GAS MAY 26</title>
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                <indexName>NYMEX Henry Hub Natural Gas Futures</indexName>
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        <name>Morgan Stanley Capital Inc</name>
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        <name>BECLE SA DE CV</name>
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        <name>LLOYDS BANKING GROUP PLC</name>
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        <name>AADVANTAGE LOYALTY IP LTD</name>
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        <name>Eurex Deutschland</name>
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        <name>FirstMac Mortgage Funding Trust</name>
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        <name>Chicago Board of Trade</name>
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        <name>JPMorgan Securities LLC</name>
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        <name>SOCIETE GENERALE</name>
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        <name>Citigroup Global Markets, Inc.</name>
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        <name>KAZMUNAYGAS NATIONAL CO</name>
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        <name>UNITED RENTALS NORTH AM</name>
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        <name>MGM RESORTS INTL</name>
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        <name>New York Mercantile Exchange</name>
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        <name>JPMorgan Securities LLC</name>
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        <name>Chicago Board of Trade</name>
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        <name>Chicago Board of Trade</name>
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        <name>MILL CITY MORTGAGE TRUST MCMLT_19-GS1</name>
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        <name>Stonepeak</name>
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        <name>CLOUD SOFTWARE GRP INC</name>
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        <name>Allegro CLO Ltd</name>
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        <name>JPMorgan Securities LLC</name>
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        <name>Bursa Malaysia</name>
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        <name>Chicago Mercantile Exchange</name>
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        <name>QUIKRETE HOLDINGS INC</name>
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        <name>Tricon Residential</name>
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        <name>BAYLOR SCOTT &amp; WHITE HOL</name>
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        <name>Tokyo Commodity Exchange</name>
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        <name>HSI Asset Securitization Corporation Trust</name>
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        <name>JPMorgan Securities LLC</name>
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        <name>Chicago Mercantile Exchange</name>
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        <name>JPMorgan Securities LLC</name>
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        <name>New York Mercantile Exchange</name>
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        <name>Eurex Deutschland</name>
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        <name>OVINTIV INC</name>
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        <name>Bear Stearns Mortgage Funding Trust</name>
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      <invstOrSec>
        <name>Soundview Home Equity Loan Trust</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>CLEVELAND-CLIFFS INC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>JPMorgan Securities LLC</name>
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      <invstOrSec>
        <name>UNITED KINGDOM GILT</name>
        <lei>ECTRVYYCEF89VWYS6K36</lei>
        <title>U.K. Gilts</title>
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          <isin value="GB00BQC82C90"/>
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        <issuerCat>NUSS</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>Norway Government Bonds</name>
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        <title>Norway Government Bonds</title>
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          <isin value="NO0010930522"/>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>NO</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>HSBC Securities &amp; Capital Markets India Pvt Ltd.</name>
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        <title>US DOLLARS</title>
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        <name>MICHAELS COS INC/THE</name>
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        <title>Michaels Cos Inc/The</title>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Mortgage House Capital Mortgage Trust</name>
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        <title>Mortgage House RMBS Prime Series 2024-2</title>
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        <invCountry>AU</invCountry>
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        <name>GLP CAPITAL LP / FIN II</name>
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        <name>New York Mercantile Exchange</name>
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                <indexName>NYMEX Light Sweet E-mini Crude Oil Futures</indexName>
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        <name>CIGNA GROUP/THE</name>
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        <title>Cigna Group/The</title>
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        <name>DYNASTY ACQUISITION CO INC</name>
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        <name>SMRT</name>
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        <name>AA BOND CO LTD</name>
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        <title>AA Bond Co Ltd</title>
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        <invCountry>JE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <name>Chicago Board of Trade</name>
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        <name>Commodities Exchange Center</name>
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        <name>ICE Futures Europe</name>
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        <name>Chicago Mercantile Exchange</name>
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        <name>Chicago Board of Trade</name>
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      <invstOrSec>
        <name>Morgan Stanley Capital Inc</name>
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        <name>ATI INC</name>
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      <invstOrSec>
        <name>UMBS, TBA</name>
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      <invstOrSec>
        <name>OPEN TEXT CORP</name>
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        <title>Open Text Corp</title>
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      <invstOrSec>
        <name>AKER BP ASA</name>
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      <invstOrSec>
        <name>Great Wolf Trust</name>
        <lei>N/A</lei>
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          <isin value="US39152MAC91"/>
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        <name>TREASURY CORP VICTORIA</name>
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        <title>Treasury Corp of Victoria</title>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>AU</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>FIGRE Trust</name>
        <lei>N/A</lei>
        <title>FIGRE Trust 2025-HE7</title>
        <cusip>31684RAC2</cusip>
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          <isin value="US31684RAC25"/>
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        <assetCat>ABS-O</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ROYAL BANK OF CANADA</name>
        <lei>ES7IP3U3RHIGC71XBU11</lei>
        <title>Royal Bank of Canada</title>
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        <balance>165000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>MABS_05-WF1</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Chicago Board of Trade</name>
        <lei>549300EX04Q2QBFQTQ27</lei>
        <title>CORN SEP 26</title>
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        <name>Madison Avenue Trust</name>
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        <name>Fremont Home Loan Trust</name>
        <lei>N/A</lei>
        <title>Fremont Home Loan Trust 2005-D</title>
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        <name>J.P. Morgan Alternative Loan Trust</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>New York Mercantile Exchange</name>
        <lei>5493008GFNDTXFPHWI47</lei>
        <title>GASOLINE RBOB JUL 26</title>
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            <payOffProf>Long</payOffProf>
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        <name>London Metal Exchange</name>
        <lei>213800NB8G5VRT1DXC91</lei>
        <title>LME PRI ALUM JUN 26</title>
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            <payOffProf>Long</payOffProf>
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        <name>CSC HOLDINGS LLC</name>
        <lei>3HG2WD2W22M120IUNG49</lei>
        <title>CSC Holdings LLC</title>
        <cusip>126307BN6</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Fannie Mae - CAS</name>
        <lei>549300Z5THZ1JXIHVK60</lei>
        <title>Fannie Mae Connecticut Avenue Securities</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CELLNEX FINANCE CO SA</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MICHAELS COS INC/THE</name>
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        <title>Michaels Cos Inc/The</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HEALTHCARE RLTY HLDGS LP</name>
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        <title>Healthcare Realty Holdings LP</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
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        <title>Ginnie Mae II Pool</title>
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          <isin value="US36179XNE21"/>
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        <balance>355466.96000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>USGA</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FINCO OPAL SARL</name>
        <lei>N/A</lei>
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        <assetCat>DBT</assetCat>
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        <invCountry>LU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-03-02</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>KASEYA INC</name>
        <lei>254900MISXMLRZ63NH46</lei>
        <title>KASEYA INC</title>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>FHLMC Multifamily Structured Pass Through Certs.</name>
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        <title>Freddie Mac Multifamily Structured Pass Through Certificates</title>
        <cusip>3137FNAP5</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>CIM Trust</name>
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      <invstOrSec>
        <name>JPMorgan Securities LLC</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>US DOLLARS</title>
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      <invstOrSec>
        <name>Chicago Mercantile Exchange</name>
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        <title>LIVE CATTLE JUN 26</title>
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        <name>CENOVUS ENERGY INC</name>
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        <title>Cenovus Energy Inc</title>
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        <name>CLEARWATER ANALYTICS LLC</name>
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        <name>COMM Mortgage Trust</name>
        <lei>5493004GWEVMOU8S3L34</lei>
        <title>COMM 2012-CCRE4 Mortgage Trust</title>
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        <name>GREAT OUTDOORS GROUP LLC</name>
        <lei>549300IYLDI2E8I2AU46</lei>
        <title>GREAT OUTDOORS GROUP LLC</title>
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        <name>GE-WMC Mortgage Securities LLC</name>
        <lei>N/A</lei>
        <title>GE-WMC Asset-Backed Pass Through Certificates Series 2005-1</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NYC Commercial Mortgage Trust 2021-909</name>
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        <name>INTOWN Mortgage Trust</name>
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        <name>AutoNation Finance Trust 2025-1</name>
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        <name>Washington Mutual Mortgage Pass-Through CTFS</name>
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        <name>JPMorgan Securities LLC</name>
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      <invstOrSec>
        <name>New Zealand Government Bonds</name>
        <lei>549300237GPHG2AI7C34</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>SLM Student Loan Trust</name>
        <lei>549300MHMWVKFEDI8G73</lei>
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        <name>BX Trust</name>
        <lei>N/A</lei>
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        <name>CIM Trust</name>
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        <curCd>USD</curCd>
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        <name>NRG ENERGY INC</name>
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        <name>JPMorgan Securities LLC</name>
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      <invstOrSec>
        <name>NZ LOCAL GOVT FUND AGENC</name>
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      <invstOrSec>
        <name>Cross Mortgage Trust</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>MSCI INC</name>
        <lei>549300HTIN2PD78UB763</lei>
        <title>MSCI Inc</title>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.63000000</annualizedRt>
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        <name>KRAFT HEINZ FOODS CO</name>
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        <title>Kraft Heinz Foods Co</title>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <name>AIRBUS SE</name>
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        <title>Airbus SE</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Cloud Software Group Inc</name>
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        <title>Cloud Software Group Inc 2025 Term Loan B (2031)</title>
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        <name>BX Trust</name>
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      <invstOrSec>
        <name>Osaka Exchange</name>
        <lei>3538001249AILNPRUX57</lei>
        <title>NIKKEI 225 (OSE) MAR 26</title>
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        <name>Barclays Capital, Inc.</name>
        <lei>AC28XWWI3WIBK2824319</lei>
        <title>US DOLLARS</title>
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        <name>BX Trust</name>
        <lei>N/A</lei>
        <title>BX Commercial Mortgage Trust 2021-CIP</title>
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        <balance>372302.16000000</balance>
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      <invstOrSec>
        <name>ICE Futures Europe</name>
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        <name>Royal Bank of Canada</name>
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        <name>JP Morgan Mortgage Trust</name>
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        <title>JP Morgan Mortgage Trust Series 2025-CES1</title>
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        <name>Government National Mortgage Association</name>
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        <name>JPMorgan Securities LLC</name>
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        <name>ICE Futures U.S., Inc.</name>
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        <title>DOLLAR INDEX MAR 26</title>
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        <name>APL Finance LLC</name>
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        <name>Lehman Mortgage Trust</name>
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        <name>CSC HOLDINGS LLC</name>
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        <name>GENERAL MOTORS FINL CO</name>
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        <name>Chicago Mercantile Exchange</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Bursa Malaysia</name>
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      <invstOrSec>
        <name>JP Morgan Mortgage Acquisition Corp</name>
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        <fairValLevel>2</fairValLevel>
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        <name>JPMorgan Securities LLC</name>
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        <cusip>000000000</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Structured Adjustable Rate Mortgage Loan Trust</name>
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        <name>LIGHT &amp; WONDER INTL INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>HILLENBRAND</name>
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        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <name>TransDigm Inc</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>TransDigm Inc 2025 Term Loan K</title>
        <cusip>89364MCF9</cusip>
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        <payoffProfile>Long</payoffProfile>
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        <fairValLevel>2</fairValLevel>
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        <name>Eurex Deutschland</name>
        <lei>529900LN3S50JPU47S06</lei>
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        <name>DUKE ENERGY CORP</name>
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        <title>Duke Energy Corp</title>
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        <fairValLevel>2</fairValLevel>
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        <name>JPMorgan Securities LLC</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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        <title>India Government Bond</title>
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        <name>LXS_06-2N</name>
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        <name>Fannie Mae</name>
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        <name>Fannie Mae</name>
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        <name>Chicago Mercantile Exchange</name>
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        <name>Fanniemae Strip</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Interest Strip</title>
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        <name>Chicago Board of Trade</name>
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        <name>JPMorgan Securities LLC</name>
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        <name>AIRSERVICES AUSTRALIA</name>
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        <name>Chicago Mercantile Exchange</name>
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            <payOffProf>Long</payOffProf>
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      <invstOrSec>
        <name>ASX Clear (Futures)</name>
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        <name>U.K. Gilts</name>
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        <name>Citigroup Global Markets, Inc.</name>
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        <name>Countrywide Alternative Loan Trust</name>
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        <name>AECOM</name>
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        <name>Eurex Deutschland</name>
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        <name>CENOVUS ENERGY INC</name>
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        <name>New York Mercantile Exchange</name>
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      <invstOrSec>
        <name>Standard Chartered Bank</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Structured Asset Securities Corporation</name>
        <lei>N/A</lei>
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          <isin value="US86359B2K67"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>New York Mercantile Exchange</name>
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            <payOffProf>Long</payOffProf>
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                <indexName>NYMEX Light Sweet Crude Oil Futures</indexName>
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        <name>INDIA GOVERNMENT BOND</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Fannie Mae</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-01-01</maturityDt>
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        <name>AMERICAN ELECTRIC POWER</name>
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        <name>GREAT CAN GAMING/RAPTOR</name>
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        <name>COREWEAVE INC</name>
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        <name>VZ SECURED FINANCING BV</name>
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        <curCd>USD</curCd>
        <valUSD>302250.75000000</valUSD>
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        <name>FHLMC Multifamily Structured Pass Through Certs.</name>
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        <title>Freddie Mac Multifamily Structured Pass Through Certificates</title>
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        <curCd>USD</curCd>
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        <issuerCat>USGSE</issuerCat>
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        <name>EQT CORP</name>
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        <name>ALTICE FRANCE SA</name>
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        <title>Altice France SA</title>
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          <isin value="US02090DAA63"/>
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        <name>JetBlue Airways Corporation</name>
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        <title>JetBlue Airways Corporation 2024 Term Loan B</title>
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        <name>GRAPHIC PACKAGING INTERN</name>
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        <name>EQUINIX ASIA FIN CORP</name>
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        <name>ICE Futures U.S., Inc.</name>
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        <title>COFFEE MAY 26</title>
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                <indexName>NYBOT CSC C Coffee Futures</indexName>
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        <name>AMCOR FLEXIBLES NORTH AM</name>
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        <title>Amcor Flexibles North America Inc</title>
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        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Pool</title>
        <cusip>3140QVLG7</cusip>
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          <isin value="US3140QVLG72"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-10-01</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>MODIVCARE BUYER LLC</name>
        <lei>N/A</lei>
        <title>MODIVCARE BUYER LLC</title>
        <cusip>000000000</cusip>
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          <other otherDesc="Internal Identifier" value="BAXFM9Z06"/>
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        <balance>5056.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>33496.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>GENERAL MOTORS FINL CO</name>
        <lei>5493008B6JBRUJ90QL97</lei>
        <title>General Motors Financial Co Inc</title>
        <cusip>37045XDB9</cusip>
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          <isin value="US37045XDB91"/>
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        <balance>110000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>110489.52000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.70000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Standard Chartered Bank</name>
        <lei>RILFO74KP1CM8P6PCT96</lei>
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        <cusip>000000000</cusip>
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          <other otherDesc="Internal Identifier" value="CCTAUD"/>
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        <balance>1.00000000</balance>
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        <assetCat>DFE</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <fwdDeriv derivCat="FWD">
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              <counterpartyName>Standard Chartered Bank</counterpartyName>
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            <amtCurSold>971527.92000000</amtCurSold>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>INDIA GOVERNMENT BOND</name>
        <lei>335800IV7VCDQGIOI391</lei>
        <title>India Government Bond</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="IN0020190362"/>
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        <balance>11000000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="INR" exchangeRt="90.97625000"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.45000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Mexico Government International Bonds</name>
        <lei>254900EGTWEU67VP6075</lei>
        <title>Mexico Government International Bonds</title>
        <cusip>91087BAR1</cusip>
        <identifiers>
          <isin value="US91087BAR15"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>175289.62000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ALPHABET INC</name>
        <lei>5493006MHB84DD0ZWV18</lei>
        <title>ALPHABET INC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS3285560903"/>
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        <balance>208000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.74203242"/>
        <valUSD>282873.06000000</valUSD>
        <pctVal>0.045527724427</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-11-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.63000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ELECTRICITE DE FRANCE SA</name>
        <lei>549300X3UK4GG3FNMO06</lei>
        <title>Electricite de France SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FR001400SMR0"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt="0.74203242"/>
        <valUSD>142888.34000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-06-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.38000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Standard Chartered Bank</name>
        <lei>RILFO74KP1CM8P6PCT96</lei>
        <title>JAPANESE YEN</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="CCTJPY"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="JPY" exchangeRt="156.16500000"/>
        <valUSD>2854.34000000</valUSD>
        <pctVal>0.000459399014</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>Standard Chartered Bank</counterpartyName>
              <counterpartyLei>RILFO74KP1CM8P6PCT96</counterpartyLei>
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            <amtCurSold>768100.00000000</amtCurSold>
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            <amtCurPur>120170858.00000000</amtCurPur>
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            <settlementDt>2026-03-24</settlementDt>
            <unrealizedAppr>2854.34000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CONTRA ABIOMED INC</name>
        <lei>N/A</lei>
        <title>CONTRA ABIOMED INC</title>
        <cusip>003CVR016</cusip>
        <identifiers>
          <isin value="US003CVR0169"/>
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        <balance>15541.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>24865.60000000</valUSD>
        <pctVal>0.004002057263</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <derivativeInfo>
          <othDeriv derivCat="OTH" othDesc="rights">
            <counterparties>
              <counterpartyName>N/A</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <descRefInstrmnt>
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                <issuerName>ABIOMED, Inc.</issuerName>
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            <terminationDt>2099-12-31</terminationDt>
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              <notionalAmt amt="15541.00000000" curCd="USD"/>
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            <delta>XXXX</delta>
            <unrealizedAppr>24865.60000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>JPMorgan Securities LLC</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>EURO COUNTRIES</title>
        <cusip>000000000</cusip>
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          <other otherDesc="Internal Identifier" value="CCTEUR"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>N/A</curCd>
        <valUSD>-1024.14000000</valUSD>
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        <assetCat>DFE</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>XX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>JPMorgan Securities LLC</counterpartyName>
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            <amtCurSold>3024490.84000000</amtCurSold>
            <curSold>CAD</curSold>
            <amtCurPur>1875000.00000000</amtCurPur>
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            <settlementDt>2026-03-31</settlementDt>
            <unrealizedAppr>-1024.14000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WELLS FARGO &amp; COMPANY</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>Wells Fargo &amp; Co</title>
        <cusip>95000U2S1</cusip>
        <identifiers>
          <isin value="US95000U2S19"/>
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        <balance>140000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>137232.44000000</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>2028-06-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.39000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CMS ENERGY CORP</name>
        <lei>549300IA9XFBAGNIBW29</lei>
        <title>CMS Energy Corp</title>
        <cusip>125896BZ2</cusip>
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          <isin value="US125896BZ26"/>
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        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>257825.00000000</valUSD>
        <pctVal>0.041496300675</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.13000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
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              <name>CMS Energy Corp.</name>
              <title>CMS Energy Corp.</title>
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                <isin value="US1258961002"/>
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        <securityLending>
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      <invstOrSec>
        <name>Chicago Mercantile Exchange</name>
        <lei>SNZ2OJLFK8MNNCLQOF39</lei>
        <title>MICRO EMINI S&amp;P 500 MAR 26</title>
        <cusip>000000000</cusip>
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          <other otherDesc="Internal Identifier" value="HWAH6I26"/>
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        <balance>2.00000000</balance>
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        <valUSD>-1232.15000000</valUSD>
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        <assetCat>DE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

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            <payOffProf>Long</payOffProf>
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                <indexName>Micro E-mini S&amp;P 500 Futures</indexName>
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      <invstOrSec>
        <name>London Metal Exchange</name>
        <lei>213800NB8G5VRT1DXC91</lei>
        <title>LME COPPER JUN 26</title>
        <cusip>000000000</cusip>
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          <isin value="GB00G6TMQY95"/>
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        <balance>2.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>11863.68000000</valUSD>
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        <assetCat>DCO</assetCat>
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        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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              <counterpartyName>London Metal Exchange</counterpartyName>
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            <payOffProf>Long</payOffProf>
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                <indexName>LME Copper Futures</indexName>
                <indexIdentifier>LPM26 Comdty</indexIdentifier>
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            <expDate>2026-06-16</expDate>
            <notionalAmt>656594.32000000</notionalAmt>
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            <unrealizedAppr>11863.68000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Chicago Board of Trade</name>
        <lei>549300EX04Q2QBFQTQ27</lei>
        <title>WHEAT KCBT FUTURE JUL 26</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="KWN6C26"/>
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        <balance>-6.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-6817.69000000</valUSD>
        <pctVal>-0.00109729046</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>ICE Futures U.S., Inc.</name>
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        <name>JPMorgan Securities LLC</name>
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        <name>DBGS Mortgage Trust</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>USA COM PART/USA COM FIN</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>TREASURY CORP VICTORIA</name>
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          <isin value="AU3SG0002710"/>
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        <invCountry>AU</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-09-15</maturityDt>
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      <invstOrSec>
        <name>CSC HOLDINGS LLC</name>
        <lei>3HG2WD2W22M120IUNG49</lei>
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          <isin value="US126307BD80"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Ginnie Mae</title>
        <cusip>21H040632</cusip>
        <identifiers>
          <isin value="US21H0406320"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1442810.31000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-03-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>VICI PROPERTIES LP</name>
        <lei>254900X4QE7SGKQLLN38</lei>
        <title>VICI Properties LP</title>
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        <balance>360000.00000000</balance>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Preston Ridge Partners Mortgage Trust</name>
        <lei>N/A</lei>
        <title>PRPM 2024-RPL1 LLC</title>
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          <isin value="US69380XAC65"/>
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        <balance>700000.00000000</balance>
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        <valUSD>685516.30000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2064-12-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.16000000</annualizedRt>
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      <invstOrSec>
        <name>AMSR Trust</name>
        <lei>N/A</lei>
        <title>AMSR TRUST AMSR_25-SFR1</title>
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          <isin value="US00182MAJ09"/>
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        <balance>630000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>589996.89000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-06-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.66000000</annualizedRt>
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      <invstOrSec>
        <name>Chicago Mercantile Exchange</name>
        <lei>SNZ2OJLFK8MNNCLQOF39</lei>
        <title>EUR/USD FUTURE (CME) MAR 26</title>
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        <fairValLevel>1</fairValLevel>
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            <payOffProf>Long</payOffProf>
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      <invstOrSec>
        <name>NBN CO LTD</name>
        <lei>2549007CRZ2NT7S96A24</lei>
        <title>NBN Co Ltd</title>
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          <isin value="AU3CB0319200"/>
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        <balance>570000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Opal Bidco SAS</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Eurex Deutschland</name>
        <lei>529900LN3S50JPU47S06</lei>
        <title>EURO BUXL 30YR BOND MAR 26</title>
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            <payOffProf>Short</payOffProf>
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      <invstOrSec>
        <name>Standard Chartered Bank</name>
        <lei>RILFO74KP1CM8P6PCT96</lei>
        <title>US DOLLARS</title>
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      <invstOrSec>
        <name>Chicago Board of Trade</name>
        <lei>549300EX04Q2QBFQTQ27</lei>
        <title>SOYBEAN JUL 26</title>
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      <invstOrSec>
        <name>1011778 BC / NEW RED FIN</name>
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        <name>JPMorgan Securities LLC</name>
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        <name>ICE Futures Europe - Financial Products Division</name>
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        <name>London Metal Exchange</name>
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        <name>Fannie Mae</name>
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        <name>ICE Futures Europe</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>INDONESIA GOVERNMENT</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HOST HOTELS &amp; RESORTS LP</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ICE Futures U.S., Inc.</name>
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        <fairValLevel>1</fairValLevel>
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                <indexName>NYBOT CSC C Coffee Futures</indexName>
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        <name>HCA INC</name>
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      <invstOrSec>
        <name>Chicago Mercantile Exchange</name>
        <lei>SNZ2OJLFK8MNNCLQOF39</lei>
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            <payOffProf>Long</payOffProf>
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        <name>Eurex Deutschland</name>
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            <payOffProf>Short</payOffProf>
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      <invstOrSec>
        <name>JPMorgan Securities LLC</name>
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        <curCd>N/A</curCd>
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      <invstOrSec>
        <name>AON CORP</name>
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        <name>PHILLIPS EDISON GROCERY</name>
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        <name>FIRST CITIZENS BANCSHARE</name>
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        <name>Freddie Mac</name>
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        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Pool</title>
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        <name>OMERS FINANCE TRUST</name>
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        <invCountry>CA</invCountry>
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      <invstOrSec>
        <name>ICE Futures Europe</name>
        <lei>549300UF4R84F48NCH34</lei>
        <title>COFFEE ROBUSTA JUL 26</title>
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                <indexName>Robusta Coffee Futures 10-Tonne</indexName>
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        <name>VENTURE GLOBAL PLAQUE</name>
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        <title>Venture Global Plaquemines LNG LLC</title>
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        <name>Chicago Mercantile Exchange</name>
        <lei>SNZ2OJLFK8MNNCLQOF39</lei>
        <title>S&amp;P MID 400 EMINI MAR 26</title>
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        <name>ROCC Trust</name>
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        <name>ICE Futures Europe</name>
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        <name>SLM Student Loan Trust</name>
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        <name>New York Mercantile Exchange</name>
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        <name>Colombia Government International Bonds</name>
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        <name>Fannie Mae</name>
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        <name>Singapore Exchange Derivatives Clearing Ltd.</name>
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        <name>Lehman XS Trust</name>
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        <name>RIDE 2025-SHRE</name>
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        <name>JPMorgan Securities LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ICE Futures Europe</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Freddie Mac - STACR</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Fanniemae Strip</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Interest Strip</title>
        <cusip>31423XMX6</cusip>
        <identifiers>
          <isin value="US31423XMX65"/>
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        <balance>707292.55000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
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      <invstOrSec>
        <name>CSN ISLANDS XI CORP</name>
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        <title>CSN Inova Ventures</title>
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        <balance>280000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HILTON DOMESTIC OPERATIN</name>
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        <balance>165000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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        <name>WELLS FARGO &amp; COMPANY</name>
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        <title>Wells Fargo &amp; Co</title>
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          <isin value="US95000U3E14"/>
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        <balance>230000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>238017.75000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>ICE Futures Europe</name>
        <lei>549300UF4R84F48NCH34</lei>
        <title>ICE NAT BAL PT APR6</title>
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      <invstOrSec>
        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac Pool</title>
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          <isin value="US3132DWHZ95"/>
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        <name>New Zealand Government Bonds</name>
        <lei>549300237GPHG2AI7C34</lei>
        <title>New Zealand Government Bonds</title>
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        <name>Warsaw Stock Exchange/Equities/Main Market</name>
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        <name>AMERIGAS PART/FIN CORP</name>
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        <name>CENTERPOINT ENERGY INC</name>
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              <title>CenterPoint Energy Inc</title>
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        <name>GLOBAL PART/GLP FINANCE</name>
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        <name>Commodities Exchange Center</name>
        <lei>N/A</lei>
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            <payOffProf>Long</payOffProf>
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      <invstOrSec>
        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac Pool</title>
        <cusip>3132DWF32</cusip>
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        <balance>727383.87000000</balance>
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        <curCd>USD</curCd>
        <valUSD>707298.11000000</valUSD>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>OPAL BIDCO</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>KEDRION SPA</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>The Montreal Exchange/Bourse De Montreal</name>
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        <fairValLevel>1</fairValLevel>
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        <name>POST HOLDINGS INC</name>
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        <name>QUEENSLAND TREASURY CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>GS Mortgage Securities Trust</name>
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        <name>TXNM ENERGY INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ICE Futures U.S., Inc.</name>
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        <name>Freddie Mac</name>
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        <name>FIGRE Trust</name>
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        <name>Freddie Mac</name>
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        <name>GRAND CANYON UNIVERSITY</name>
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        <name>FLAGSTAR BANK NA</name>
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        <name>JPMORGAN CHASE &amp; CO</name>
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        <name>FREEPORT-MCMORAN INC</name>
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        <name>Dominos Pizza Master Issuer LLC</name>
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        <name>Korea Exchange (Futures Market)</name>
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        <name>Government National Mortgage Association</name>
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        <name>BX Trust</name>
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        <name>PRKCM Trust</name>
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        <name>FHLMC Multifamily Structured Pass Through Certs.</name>
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        <title>Freddie Mac Multifamily Structured Pass Through Certificates</title>
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        <name>BRITISH COLUMBIA PROV OF</name>
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        <name>London Metal Exchange</name>
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        <name>Freddie Mac</name>
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        <name>MARB BONDCO PLC</name>
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        <title>MARB BondCo PLC</title>
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        <name>Delta 2 (LUX) S.a.r.l.</name>
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        <name>ICE Futures Europe</name>
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        <title>GAS OIL APR 26</title>
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        <name>NEW S WALES TREASURY CRP</name>
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        <invCountry>AU</invCountry>
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        <name>T-MOBILE USA INC</name>
        <lei>549300V2JRLO5DIFGE82</lei>
        <title>T-Mobile USA Inc</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CHARTER COMM OPT LLC/CAP</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FIRSTCASH INC</name>
        <lei>549300V2X3UU7K0DG350</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Chicago Board of Trade</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Higley Park Clo Ltd</name>
        <lei>213800CD95HT8UXDOH68</lei>
        <title>Higley Park Clo Ltd</title>
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          <isin value="US43128VAE83"/>
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        <balance>450000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Polaris</name>
        <lei>213800DMUJ69B2MVV386</lei>
        <title>Polaris 2026-1 PLC</title>
        <cusip>000000000</cusip>
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          <isin value="XS3277922616"/>
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        <balance>150000.00000000</balance>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2070-06-27</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Freddie Mac - STACR</name>
        <lei>529900ZVQVVVNGMGDO97</lei>
        <title>Freddie Mac STACR REMIC Trust 2025-DNA4</title>
        <cusip>35564UBS5</cusip>
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          <isin value="US35564UBS50"/>
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        <balance>195000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>195656.18000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-10-25</maturityDt>
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      <invstOrSec>
        <name>DIGITAL DUTCH FINCO BV</name>
        <lei>549300ONZ5IS6B6IMJ70</lei>
        <title>Digital Dutch Finco BV</title>
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          <isin value="XS2976337753"/>
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        <balance>220000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerConditional desc="REIT" issuerCat="OTHER"/>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DELL INT LLC / EMC CORP</name>
        <lei>254900ZARLSVK41DKO78</lei>
        <title>Dell International LLC / EMC Corp</title>
        <cusip>24703TAK2</cusip>
        <identifiers>
          <isin value="US24703TAK25"/>
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        <balance>275000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>351872.83000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.35000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Citigroup Global Markets, Inc.</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
        <title>AUSTRALIA DOLLAR</title>
        <cusip>000000000</cusip>
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        <assetCat>DFE</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>LA FRANCAISE DES JEUX SA</name>
        <lei>969500R4CLSQFTYYI535</lei>
        <title>FDJ UNITED</title>
        <cusip>000000000</cusip>
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          <isin value="FR001400U678"/>
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        <balance>100000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84631008"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-11-21</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>NSTAR ELECTRIC CO</name>
        <lei>54930080R72Y2Z31UR68</lei>
        <title>NSTAR Electric Co</title>
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          <isin value="US67021CAM91"/>
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        <balance>520000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>516734.06000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-05-15</maturityDt>
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      <invstOrSec>
        <name>HUMANA INC</name>
        <lei>529900YLDW34GJAO4J06</lei>
        <title>Humana Inc</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>BANK OF AMERICA CORP</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
        <title>Bank of America Corp</title>
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        <valUSD>79685.16000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-27</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>United States Treasury</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>U.S. Treasury Bonds</title>
        <cusip>912810UR7</cusip>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2056-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>JPMorgan Securities LLC</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>HUNGARIAN FURINT</title>
        <cusip>000000000</cusip>
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        <balance>1.00000000</balance>
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        <curCd>N/A</curCd>
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        <invCountry>XX</invCountry>
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        <name>VAR ENERGI ASA</name>
        <lei>549300LIVN3FFOJN2K47</lei>
        <title>Var Energi ASA</title>
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        <balance>340000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
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          <maturityDt>2035-05-22</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>JPMorgan Securities LLC</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>US DOLLARS</title>
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        <name>JPMorgan Securities LLC</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ICE Futures Europe - Financial Products Division</name>
        <lei>549300UF4R84F48NCH34</lei>
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          <isin value="GB00JBVLWR12"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>UKG INC</name>
        <lei>529900FKHWSTQ1GXK240</lei>
        <title>UKG Inc</title>
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          <isin value="US90279XAA00"/>
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        <balance>110000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>INDIA GOVERNMENT BOND</name>
        <lei>335800IV7VCDQGIOI391</lei>
        <title>India Government Bond</title>
        <cusip>000000000</cusip>
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          <isin value="IN0020220011"/>
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        <balance>77000000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="INR" exchangeRt="90.97625000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.10000000</annualizedRt>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>HOMES TRUST HOMES_25-AFC3</name>
        <lei>N/A</lei>
        <title>HOMES TRUST HOMES_25-AFC3</title>
        <cusip>43762AAF2</cusip>
        <identifiers>
          <isin value="US43762AAF21"/>
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        <balance>650000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>655214.56000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2060-08-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.82000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WELLS FARGO &amp; COMPANY</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>Wells Fargo &amp; Co</title>
        <cusip>95000U2J1</cusip>
        <identifiers>
          <isin value="US95000U2J10"/>
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        <balance>405000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>381153.85000000</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>2031-02-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.57000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>VMED O2 UK FINANCING I</name>
        <lei>213800MRR46ECNGZ7L69</lei>
        <title>Vmed O2 UK Financing I PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2797211872"/>
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        <balance>205000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.84631008"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.63000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>JPMorgan Securities LLC</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>EURO COUNTRIES</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="CCTEUR"/>
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        <balance>1.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.84631008"/>
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        <assetCat>DFE</assetCat>
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        <invCountry>XX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>JPMorgan Securities LLC</counterpartyName>
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      <invstOrSec>
        <name>CHARTER COMM OPT LLC/CAP</name>
        <lei>N/A</lei>
        <title>Charter Communications Operating LLC / Charter Communications Operating Capital</title>
        <cusip>161175CP7</cusip>
        <identifiers>
          <isin value="US161175CP73"/>
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        <balance>40000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>JPMorgan Securities LLC</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>US DOLLARS</title>
        <cusip>000000000</cusip>
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      <invstOrSec>
        <name>Great Wolf Trust</name>
        <lei>N/A</lei>
        <title>Great Wolf Trust 2024-WOLF</title>
        <cusip>39152MAE5</cusip>
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          <isin value="US39152MAE57"/>
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        <balance>360000.00000000</balance>
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        <valUSD>360450.00000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <debtSec>
          <maturityDt>2039-03-15</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Taco Bell Funding, LLC</name>
        <lei>N/A</lei>
        <title>Taco Bell Funding LLC</title>
        <cusip>87342RAL8</cusip>
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          <isin value="US87342RAL87"/>
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        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>RIVERS ENT BORROWER LLC</name>
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        <title>Rivers Enterprise Borrower LLC</title>
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      <invstOrSec>
        <name>ICE Futures Europe</name>
        <lei>549300UF4R84F48NCH34</lei>
        <title>BRENT CRUDE (ICE) JUN 26</title>
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        <name>FHLMC Multifamily Structured Pass Through Certs.</name>
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      <invstOrSec>
        <name>JPMorgan Securities LLC</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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        <name>AS Mileage Plan IP Limited</name>
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        <name>Euronext Paris Matif</name>
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        <name>Eurex Deutschland</name>
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        <name>FIRST BUSEY CORPORATION</name>
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        <name>Chicago Board of Trade</name>
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        <name>ALLERGAN FUNDING SCS</name>
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        <name>Eurex Deutschland</name>
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        <name>Eurex Deutschland</name>
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        <name>Chicago Board of Trade</name>
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        <name>Chicago Board of Trade</name>
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        <name>Homeward Opportunities Fund I Trust</name>
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        <name>Eurex Deutschland</name>
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        <name>Singapore Exchange Derivatives Clearing Ltd.</name>
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        <name>ICE Futures Europe - Financial Products Division</name>
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        <name>United States Treasury</name>
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        <name>Fannie Mae</name>
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        <title>Fannie Mae Pool</title>
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        <name>Barclays Capital, Inc.</name>
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        <name>Fannie Mae - CAS</name>
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        <name>UK Logisitics</name>
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        <name>Carrington Mortgage Loan Trust</name>
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      <invstOrSec>
        <name>Chicago Board of Trade</name>
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      <invstOrSec>
        <name>Impac Secured Assets Corp.</name>
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      <invstOrSec>
        <name>Eurex Deutschland</name>
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      <invstOrSec>
        <name>UBS Securities LLC</name>
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      <invstOrSec>
        <name>VIRGIN MEDIA SECURED FIN</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>London Metal Exchange</name>
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        <name>JPMorgan Securities LLC</name>
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      <invstOrSec>
        <name>Carvana Auto Receivables Trust</name>
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        <name>WELLS FARGO &amp; COMPANY</name>
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        <name>BNY Capital Markets LLC</name>
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        <name>CENTENE CORP</name>
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        <name>UNITED KINGDOM GILT</name>
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        <name>Avis Budget Rental Car Funding AESOP LLC</name>
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      <invstOrSec>
        <name>ICE Futures U.S., Inc.</name>
        <lei>5493004R83R1LVX2IL36</lei>
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        <name>American Home Mortgage Investment Trust</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ARDONAGH FINCO LTD</name>
        <lei>254900D2T84O1K03BA28</lei>
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        <curCd>USD</curCd>
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        <invCountry>JE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ASX - All Markets</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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              <counterpartyName>ASX - All Markets</counterpartyName>
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            <payOffProf>Short</payOffProf>
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                <indexName>SFE 90 Day Australian Bank Accepted Bills Futures</indexName>
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      <invstOrSec>
        <name>Meff Financial Derivatives</name>
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          <isin value="ES0B00126127"/>
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        <assetCat>DE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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              <counterpartyName>Meff Financial Derivatives</counterpartyName>
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            <payOffProf>Long</payOffProf>
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              <indexBasketInfo>
                <indexName>MEFF Madrid IBEX 35 Mini Index Futures</indexName>
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      <invstOrSec>
        <name>ICE Futures Europe</name>
        <lei>549300UF4R84F48NCH34</lei>
        <title>GAS OIL JUN 26</title>
        <cusip>000000000</cusip>
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          <other otherDesc="Internal Identifier" value="QSM6C26"/>
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        <balance>5.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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              <counterpartyName>ICE Futures Europe</counterpartyName>
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            <payOffProf>Long</payOffProf>
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              <indexBasketInfo>
                <indexName>ICE Gas Oil Futures</indexName>
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      <invstOrSec>
        <name>JPMorgan Securities LLC</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>US DOLLARS</title>
        <cusip>000000000</cusip>
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        <balance>1.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="1.00000000"/>
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        <assetCat>DFE</assetCat>
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        <fairValLevel>2</fairValLevel>
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              <counterpartyName>JPMorgan Securities LLC</counterpartyName>
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      <invstOrSec>
        <name>JANE STREET GRP/JSG FIN</name>
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        <title>Jane Street Group / JSG Finance Inc</title>
        <cusip>47077WAA6</cusip>
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          <isin value="US47077WAA62"/>
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        <balance>95000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>AERCAP IRELAND CAP/GLOBA</name>
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        <title>AerCap Ireland Capital DAC / AerCap Global Aviation Trust</title>
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          <isin value="US00774MAW55"/>
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        <curCd>USD</curCd>
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        <invCountry>IE</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>AMERICAN AIRLINES/AADVAN</name>
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        <title>American Airlines Inc/AAdvantage Loyalty IP Ltd</title>
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        <balance>715000.00000000</balance>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ICE Futures Europe</name>
        <lei>549300UF4R84F48NCH34</lei>
        <title>WHITE SUGAR (LIFFE) AUG 26</title>
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              <counterpartyName>ICE Futures Europe</counterpartyName>
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                <indexName>White Sugar Futures</indexName>
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        <name>JPMorgan Securities LLC</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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      <invstOrSec>
        <name>Bourzou Issuer LLC, Jamshid Issuer LLC, Cristobal Issuer LLC &amp; COPT DC-6 Issuer LLC</name>
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        <title>Cloud Capital Holdco LP</title>
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          <isin value="US102104AA49"/>
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        <name>QUEENSLAND TREASURY CORP</name>
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      <invstOrSec>
        <name>ENERGY TRANSFER LP</name>
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        <title>Energy Transfer LP</title>
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          <isin value="US29273VAM28"/>
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      <invstOrSec>
        <name>ICE Futures U.S., Inc.</name>
        <lei>5493004R83R1LVX2IL36</lei>
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              <counterpartyName>ICE Futures U.S., Inc.</counterpartyName>
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                <indexName>NYBOT CSC Cocoa Futures</indexName>
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      <invstOrSec>
        <name>GMAC Mortgage Corporation Loan Trust</name>
        <lei>N/A</lei>
        <title>GMACM Mortgage Loan Trust 2006-AR1</title>
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        <balance>349776.61000000</balance>
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        <fairValLevel>2</fairValLevel>
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        <name>ICE Futures U.S., Inc.</name>
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        <name>BX Trust</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
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        <name>DOMINION ENERGY INC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Thornburg Mortgage Securities Trust</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ICE Futures Europe - Financial Products Division</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Chicago Mercantile Exchange</name>
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            <payOffProf>Long</payOffProf>
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      <invstOrSec>
        <name>SOUTHSTATE BANK NA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>TURKIYE GOVERNMENT BOND</name>
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        <title>Turkiye Government Bond</title>
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        <invCountry>TR</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-08-12</maturityDt>
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      <invstOrSec>
        <name>KEYSPAN GAS EAST CORP</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>New York Mercantile Exchange</name>
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        <name>JPMorgan Securities LLC</name>
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        <name>Banc of America Funding Corporation</name>
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        <name>Hotwire Funding LLC</name>
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        <name>Aligned Data Centers Issuer LLC</name>
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        <name>CVS HEALTH CORP</name>
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        <title>CVS Health Corp</title>
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        <name>ICE Futures Europe</name>
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        <name>Freddie Mac</name>
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        <name>Government National Mortgage Association</name>
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        <name>JPMorgan Securities LLC</name>
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        <name>Park Avenue Trust</name>
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        <name>London Metal Exchange</name>
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        <name>ICE Futures Europe</name>
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        <name>JPMorgan Securities LLC</name>
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        <name>Chicago Board of Trade</name>
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      <invstOrSec>
        <name>Chicago Board of Trade</name>
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      <invstOrSec>
        <name>MEDLINE BORROWER LP</name>
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      <invstOrSec>
        <name>JPMORGAN CHASE &amp; CO</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>New Zealand Government Bonds</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>JPMorgan Securities LLC</name>
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        <title>CHILEAN PESO</title>
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      <invstOrSec>
        <name>TEVA PHARM FIN IV</name>
        <lei>549300GKSD1RG56QRY33</lei>
        <title>Teva Pharmaceutical Finance Netherlands IV BV</title>
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      <invstOrSec>
        <name>Bursa Malaysia</name>
        <lei>254900CXCSGW8M52ZU27</lei>
        <title>CRUDE PALM OIL JUL 26</title>
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        <fairValLevel>1</fairValLevel>
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            <payOffProf>Long</payOffProf>
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                <indexName>MDE Crude Palm Oil Futures</indexName>
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      <invstOrSec>
        <name>SEALED AIR CORP</name>
        <lei>Q0M0CZB4YN6JZ65WXI09</lei>
        <title>Sealed Air Corp</title>
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          <isin value="US812127AC28"/>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Towd Point Mortgage Trust</name>
        <lei>25490010CSYSAQU59J50</lei>
        <title>Towd Point Mortgage Trust 2017-4</title>
        <cusip>89173UAB3</cusip>
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          <isin value="US89173UAB35"/>
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        <balance>900000.00000000</balance>
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      <invstOrSec>
        <name>New York Mercantile Exchange</name>
        <lei>5493008GFNDTXFPHWI47</lei>
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            <payOffProf>Long</payOffProf>
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        <name>Singapore Exchange Derivatives Clearing Ltd.</name>
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        <title>SGX TSI IRON ORE CHINA 62% FUT APR</title>
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        <name>Chicago Mercantile Exchange</name>
        <lei>SNZ2OJLFK8MNNCLQOF39</lei>
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        <name>GOLDMAN SACHS GROUP INC</name>
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        <name>CIM Trust</name>
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          <couponKind>Variable</couponKind>
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        <name>Zayo Issuer LLC</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Commodities Exchange Center</name>
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      <invstOrSec>
        <name>JPMorgan Securities LLC</name>
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      <invstOrSec>
        <name>REPUBLIC OF GUATEMALA</name>
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        <title>Guatemala Government Bond</title>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>GT</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>New York Mercantile Exchange</name>
        <lei>5493008GFNDTXFPHWI47</lei>
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        <cusip>000000000</cusip>
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        <fairValLevel>1</fairValLevel>
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              <counterpartyName>New York Mercantile Exchange</counterpartyName>
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            <payOffProf>Long</payOffProf>
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                <indexName>NYMEX Platinum Futures</indexName>
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      <invstOrSec>
        <name>TRAVEL + LEISURE CO</name>
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        <title>Travel + Leisure Co</title>
        <cusip>894164AC6</cusip>
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          <isin value="US894164AC61"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>EDGEWELL PERSONAL CARE</name>
        <lei>549300CY8QZDL4Z3RU59</lei>
        <title>Edgewell Personal Care Co</title>
        <cusip>28035QAB8</cusip>
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          <isin value="US28035QAB86"/>
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        <balance>10000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9650.09000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.13000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>JETBLUE AIRWAYS/LOYALTY</name>
        <lei>N/A</lei>
        <title>JetBlue Airways Corp / JetBlue Loyalty LP</title>
        <cusip>476920AA1</cusip>
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          <isin value="US476920AA15"/>
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        <balance>345000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>350218.88000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>XX</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-20</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ICAHN ENTERPRISES/FIN</name>
        <lei>549300T0G4GS0SINS786</lei>
        <title>Icahn Enterprises LP / Icahn Enterprises Finance Corp</title>
        <cusip>451102CJ4</cusip>
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        <balance>230000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.00000000</annualizedRt>
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      <invstOrSec>
        <name>PHILIPPINE GOVERNMENT</name>
        <lei>529900RAHBALMYIJ3T08</lei>
        <title>Philippine Government Bond</title>
        <cusip>000000000</cusip>
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          <isin value="PHY6972HMW34"/>
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        <balance>30240000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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      <invstOrSec>
        <name>CANADIAN IMPERIAL BANK</name>
        <lei>2IGI19DL77OX0HC3ZE78</lei>
        <title>Canadian Imperial Bank of Commerce</title>
        <cusip>13607P7Y4</cusip>
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          <isin value="US13607P7Y41"/>
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        <balance>445000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>461443.34000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Chicago Mercantile Exchange</name>
        <lei>SNZ2OJLFK8MNNCLQOF39</lei>
        <title>LIVE CATTLE OCT 26</title>
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            <payOffProf>Long</payOffProf>
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                <indexName>CME Live Cattle Futures</indexName>
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        <name>SMRT</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>Eurex Deutschland</name>
        <lei>529900LN3S50JPU47S06</lei>
        <title>STOXX 600 BANK MAR 26</title>
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            <payOffProf>Long</payOffProf>
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      <invstOrSec>
        <name>State Street Bank &amp; Trust Co.</name>
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        <name>JPMorgan Securities LLC</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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      <invstOrSec>
        <name>JPMorgan Securities LLC</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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        <name>HUDSON PACIFIC PROPERTIE</name>
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        <name>GSAMP Trust</name>
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        <name>TRANSOCEAN TITAN FIN LTD</name>
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        <name>Chicago Board of Trade</name>
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        <name>CHARTER COMM OPT LLC/CAP</name>
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        <name>Fannie Mae</name>
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        <name>Nasdaq Stockholm AB</name>
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        <name>COLUMBIA SHORT TERM CASH FUND</name>
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        <name>JPMorgan Securities LLC</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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        <name>Citigroup Commercial Mortgage Trust</name>
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        <name>ICE Futures U.S., Inc.</name>
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                <indexName>NYBOT CSC Number 11 World Sugar Futures</indexName>
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        <name>JPMorgan Securities LLC</name>
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      <invstOrSec>
        <name>Tokyo Commodity Exchange</name>
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                <indexName>OSE Platinum Futures</indexName>
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        <name>Chicago Board of Trade</name>
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        <name>Hilton USA Trust</name>
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        <name>Chicago Board of Trade</name>
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        <name>BLOCK INC</name>
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        <name>JP Morgan Mortgage Acquisition Corp</name>
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        <name>AMERICAN TOWER TRUST I</name>
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        <name>Fanniemae Strip</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Interest Strip</title>
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        <name>Chicago Board of Trade</name>
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        <name>Chicago Mercantile Exchange</name>
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        <name>REPUBLIC OF INDONESIA</name>
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        <name>ICE Futures Europe - Financial Products Division</name>
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        <name>JPMorgan Securities LLC</name>
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        <name>Onslow Bay Financial LLC</name>
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        <name>FHLMC Multifamily Structured Pass Through Certs.</name>
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        <name>BARCLAYS PLC</name>
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        <name>Residential Asset Securities Corporation</name>
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        <name>New York Mercantile Exchange</name>
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        <name>Osaka Exchange</name>
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        <name>Chicago Mercantile Exchange</name>
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        <name>Italian Derivatives Market</name>
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        <name>MATCH GROUP HLD II LLC</name>
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        <name>Ardagh Holdings SA</name>
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        <name>United States Treasury</name>
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        <name>BX Trust</name>
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        <name>Colony American Finance Ltd</name>
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        <name>JP Morgan Mortgage Acquisition Corp</name>
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        <name>Chicago Mercantile Exchange</name>
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        <name>CONTINENTAL RESOURCES</name>
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        <name>Chicago Mercantile Exchange</name>
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        <name>Chicago Board of Trade</name>
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        <name>TRANSOCEAN INTERNTNL LTD</name>
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        <name>JPALT_07-S1</name>
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        <name>JPMorgan Securities LLC</name>
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      <invstOrSec>
        <name>CLEVELAND-CLIFFS INC</name>
        <lei>549300TM2WLI2BJMDD86</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>YUM! BRANDS INC</name>
        <lei>549300JE8XHZZ7OHN517</lei>
        <title>Yum! Brands Inc</title>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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      <invstOrSec>
        <name>JBS NV/USA FOODS/FOOD CO</name>
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        <title>JBS NV/JBS USA Foods Group Holdings Inc/JBS USA Food Co Holdings</title>
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          <isin value="US46590XAM83"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75000000</annualizedRt>
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      <invstOrSec>
        <name>Fannie Mae - CAS</name>
        <lei>549300Z5THZ1JXIHVK60</lei>
        <title>Fannie Mae Connecticut Avenue Securities</title>
        <cusip>20754KAJ0</cusip>
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          <isin value="US20754KAJ07"/>
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        <balance>80000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>82579.58000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-11-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.87000000</annualizedRt>
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      <invstOrSec>
        <name>AERCAP IRELAND CAP/GLOBA</name>
        <lei>N/A</lei>
        <title>AERCAP IRELAND CAP/GLOBA</title>
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          <isin value="US00774MBQ78"/>
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        <balance>320000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>331587.94000000</valUSD>
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        <invCountry>IE</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ION PLAT FIN US/SARL</name>
        <lei>N/A</lei>
        <title>ION Platform Finance US Inc / ION Platform Finance SARL</title>
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          <isin value="US46206AAD46"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Eurex Deutschland</name>
        <lei>529900LN3S50JPU47S06</lei>
        <title>EURO STOXX 50 MAR 26</title>
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          <other otherDesc="Internal Identifier" value="VGH6I26"/>
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        <fairValLevel>1</fairValLevel>
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            <payOffProf>Long</payOffProf>
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        <name>MORGAN STANLEY PVT BANK</name>
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        <title>Morgan Stanley Private Bank NA</title>
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        <name>JPMorgan Securities LLC</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>SWISS FRANC</title>
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      <invstOrSec>
        <name>INTOWN Mortgage Trust</name>
        <lei>N/A</lei>
        <title>INTOWN 2025-STAY Mortgage Trust</title>
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          <isin value="US46117WAE21"/>
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        <curCd>USD</curCd>
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        <name>CCO HLDGS LLC/CAP CORP</name>
        <lei>N/A</lei>
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        <name>INDIA GOVERNMENT BOND</name>
        <lei>335800IV7VCDQGIOI391</lei>
        <title>India Government Bond</title>
        <cusip>000000000</cusip>
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          <isin value="IN0020210095"/>
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        <balance>7990000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>BX Trust</name>
        <lei>N/A</lei>
        <title>BX Commercial Mortgage Trust 2024-AIRC</title>
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        <name>Royal Bank of Canada</name>
        <lei>ES7IP3U3RHIGC71XBU11</lei>
        <title>EURO COUNTRIES</title>
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        <name>Royal Bank of Canada</name>
        <lei>ES7IP3U3RHIGC71XBU11</lei>
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      <invstOrSec>
        <name>Homebanc Mortgage Trust</name>
        <lei>N/A</lei>
        <title>HOMEBANC MORTGAGE TRUST HMBT_05-3</title>
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        <name>ICE Futures Europe</name>
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      <invstOrSec>
        <name>Aimco</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Saxon Asset Securities Trust</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Barclays Capital, Inc.</name>
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      <invstOrSec>
        <name>JPMorgan Securities LLC</name>
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        <name>Woodward Capital Management</name>
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        <title>Rckt Mortgage Trust 2025-CES4</title>
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      <invstOrSec>
        <name>Residential Accredit Loans, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>COLUMBIA PIPELINES OPCO</name>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac Pool</title>
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          <isin value="US3132DWDS98"/>
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        <issuerCat>USGSE</issuerCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>Towd Point Mortgage Trust</name>
        <lei>25490010CSYSAQU59J50</lei>
        <title>Towd Point Mortgage Trust 2019-2</title>
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          <isin value="US89177JAC27"/>
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        <balance>275000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
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        <name>PHILIPPINE GOVERNMENT</name>
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        <title>Philippine Government Bond</title>
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        <name>Freddie Mac - STACR</name>
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        <title>Freddie Mac STACR REMIC Trust 2022-DNA4</title>
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        <name>STANLEY BLACK &amp; DECKER I</name>
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        <title>Stanley Black &amp; Decker Inc</title>
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        <name>TK ELEVATOR US NEWCO INC</name>
        <lei>549300C2AFWPAYWS5574</lei>
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        <name>Chicago Board of Trade</name>
        <lei>549300EX04Q2QBFQTQ27</lei>
        <title>WHEAT DEC 26</title>
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        <name>ICE Futures Europe - Financial Products Division</name>
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        <name>JPMorgan Securities LLC</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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        <name>ASX Clear (Futures)</name>
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        <name>JANE STREET GRP/JSG FIN</name>
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        <name>One New York Plaza Trust 2020-1NYP</name>
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        <name>United States Treasury</name>
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        <name>COLT Funding LLC</name>
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        <name>Chicago Board of Trade</name>
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            <payOffProf>Long</payOffProf>
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        <name>London Metal Exchange</name>
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        <name>Norway Government Bonds</name>
        <lei>549300L0BT3FJTN9MX24</lei>
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        <name>FIRST CITIZENS BANCSHARE</name>
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        <name>Towd Point Mortgage Trust</name>
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      <invstOrSec>
        <name>Eurex Deutschland</name>
        <lei>529900LN3S50JPU47S06</lei>
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        <name>Bluemountain CLO Ltd</name>
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        <name>ICE Futures Europe - Financial Products Division</name>
        <lei>549300UF4R84F48NCH34</lei>
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        <name>Canada Government Bonds</name>
        <lei>4BFD7AQU0A75QLAHK410</lei>
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        <cusip>135087R89</cusip>
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        <name>ICE Futures Europe</name>
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        <name>Government National Mortgage Association</name>
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        <fairValLevel>2</fairValLevel>
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        <name>London Metal Exchange</name>
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        <fairValLevel>1</fairValLevel>
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                <indexName>LME Primary Aluminum Futures</indexName>
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        <name>The Montreal Exchange/Bourse De Montreal</name>
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          <other otherDesc="Internal Identifier" value="CORM6C26"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Lehman XS Trust</name>
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        <name>INTL FLAVOR &amp; FRAGRANCES</name>
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      <invstOrSec>
        <name>Japan Government Two Year Bonds</name>
        <lei>353800WZS8AXZXFUC241</lei>
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        <name>Osaka Exchange</name>
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        <name>New Zealand Government Bonds</name>
        <lei>549300237GPHG2AI7C34</lei>
        <title>New Zealand Government Bonds</title>
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        <name>JPMorgan Securities LLC</name>
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        <name>ALTICE FRANCE SA</name>
        <lei>5493001ZMCICV4N02J21</lei>
        <title>Altice France SA</title>
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        <name>GLOBAL PAYMENTS INC</name>
        <lei>549300NOMHGVQBX6S778</lei>
        <title>Global Payments Inc</title>
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        <invCountry>US</invCountry>
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        <name>Government National Mortgage Association</name>
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        <name>Singapore Exchange Derivatives Clearing Ltd.</name>
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        <name>JPMorgan Securities LLC</name>
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        <name>Chicago Board of Trade</name>
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        <name>Chicago Mercantile Exchange</name>
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        <name>Commodities Exchange Center</name>
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      <invstOrSec>
        <name>JPMorgan Securities LLC</name>
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        <name>Chicago Mercantile Exchange</name>
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        <name>KRAFT HEINZ FOODS CO</name>
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        <name>EMERA INC</name>
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      <invstOrSec>
        <name>The Montreal Exchange/Bourse De Montreal</name>
        <lei>549300DKBYNOI0B1NP44</lei>
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            <payOffProf>Long</payOffProf>
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                <indexName>Montreal Exchange 10 Year Canadian Bond Futures</indexName>
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        <name>London Metal Exchange</name>
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            <payOffProf>Long</payOffProf>
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                <indexName>LME Primary Aluminum Futures</indexName>
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        <name>INTL FLAVOR &amp; FRAGRANCES</name>
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        <name>Natixis Commercial Mortgage Securities</name>
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        <name>HarborView Mortgage Loan Trust</name>
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        <name>ICE Futures U.S., Inc.</name>
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        <name>Hotwire Funding LLC</name>
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        <name>Government National Mortgage Association</name>
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        <title>Ginnie Mae</title>
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        <name>ICE Futures U.S., Inc.</name>
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        <name>First Franklin Mtg Loan Asset Backed Certificates</name>
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        <name>Citigroup Global Markets, Inc.</name>
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        <name>New York Mercantile Exchange</name>
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        <name>Flagstar Mortgage Trust</name>
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        <name>Chicago Mercantile Exchange</name>
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        <name>Singapore Exchange Derivatives Clearing Ltd.</name>
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        <name>Chicago Mercantile Exchange</name>
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        <name>London Metal Exchange</name>
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        <name>Chicago Board of Trade</name>
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        <name>DARLING INGREDIENTS INC</name>
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        <name>SLM Student Loan Trust</name>
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        <name>Fannie Mae - CAS</name>
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        <name>HEALTHCARE RLTY HLDGS LP</name>
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        <title>Healthcare Realty Holdings LP</title>
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        <name>AMERICAN TOWER CORP</name>
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        <name>National Stock Exchange of India Ltd.</name>
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        <name>HSBC Securities &amp; Capital Markets India Pvt Ltd.</name>
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        <name>BOEING CO</name>
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        <name>FREMF Mortgage Trust</name>
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        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
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        <name>TRANSDIGM INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>New York Mercantile Exchange</name>
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        <name>CODELCO INC</name>
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        <name>BIMBO BAKERIES USA INC</name>
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        <name>EXELON CORP</name>
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        <name>Fannie Mae</name>
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        <name>Chicago Board of Trade</name>
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        <name>Osaka Exchange</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Morgan Stanley Mortgage Loan Trust</name>
        <lei>549300AT2084FJB5UN46</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HEALTHCARE RLTY HLDGS LP</name>
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      <invstOrSec>
        <name>Eurex Deutschland</name>
        <lei>529900LN3S50JPU47S06</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>STANDARD CHARTERED PLC</name>
        <lei>U4LOSYZ7YG4W3S5F2G91</lei>
        <title>Standard Chartered PLC</title>
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          <isin value="US853254DH03"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Citigroup Global Markets, Inc.</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
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      <invstOrSec>
        <name>HOST HOTELS &amp; RESORTS LP</name>
        <lei>FXB7X4WXVA8QPMNOGS12</lei>
        <title>Host Hotels &amp; Resorts LP</title>
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      <invstOrSec>
        <name>JPMorgan Securities LLC</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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      <invstOrSec>
        <name>Magnetite CLO Ltd</name>
        <lei>5299008QF7XUGQ5EZC63</lei>
        <title>Magnetite Xlii Ltd</title>
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        <balance>750000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>Life Financial Services Trust</name>
        <lei>N/A</lei>
        <title>Life 2022-BMR Mortgage Trust</title>
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          <isin value="US53218DAE85"/>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>ICE Futures Europe - Financial Products Division</name>
        <lei>549300UF4R84F48NCH34</lei>
        <title>3MO EURO EURIBOR JUN 29</title>
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        <name>FARMERS INS EXCH</name>
        <lei>549300UWG2TLX1GZVT44</lei>
        <title>Farmers Insurance Exchange</title>
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        <name>Canada Government Bonds</name>
        <lei>4BFD7AQU0A75QLAHK410</lei>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <name>PHILIPPINE GOVERNMENT</name>
        <lei>529900RAHBALMYIJ3T08</lei>
        <title>Philippine Government Bond</title>
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        <name>JPMorgan Securities LLC</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>SWISS FRANC</title>
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      <invstOrSec>
        <name>FIGRE Trust</name>
        <lei>N/A</lei>
        <title>FIGRE Trust 2025-FL2</title>
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          <isin value="US31684TAE47"/>
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        <balance>513012.60000000</balance>
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        <curCd>USD</curCd>
        <valUSD>516805.17000000</valUSD>
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        <invCountry>US</invCountry>
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        <debtSec>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>DROP Mortgage Trust 2021-FILE</name>
        <lei>N/A</lei>
        <title>DROP Mortgage Trust 2021-FILE</title>
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          <isin value="US26210YAG17"/>
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        <balance>311000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
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        <name>EQT CORP</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Chicago Mercantile Exchange</name>
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        <name>Chicago Mercantile Exchange</name>
        <lei>SNZ2OJLFK8MNNCLQOF39</lei>
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      <invstOrSec>
        <name>Boca Commercial Mortgage Trust</name>
        <lei>N/A</lei>
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          <isin value="US05619RAA05"/>
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        <name>NCL CORPORATION LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>IRON MOUNTAIN INC</name>
        <lei>SQL3F6CKNNBM3SQGHX24</lei>
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        <name>ALPHABET INC</name>
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        <name>GS MORTGAGEBACKED SECURITIES TRUST GSMBS_21-PJ4</name>
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        <name>BALL CORP</name>
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        <name>Clydesdale Acquisition Holdings Inc</name>
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        <title>Clydesdale Acquisition Holdings Inc 2025 Term Loan B</title>
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        <name>Fannie Mae</name>
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        <title>Fannie Mae Pool</title>
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        <name>QUIKRETE HOLDINGS INC</name>
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        <name>The Montreal Exchange / Bourse De Montreal</name>
        <lei>N/A</lei>
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        <name>Residential Accredit Loans, Inc.</name>
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        <title>RALI Series 2007-QO1 Trust</title>
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        <name>Chicago Mercantile Exchange</name>
        <lei>SNZ2OJLFK8MNNCLQOF39</lei>
        <title>INR/USD STANDARD (CME) MAR 26</title>
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        <name>SK INVICTUS INTERMEDIATE</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Chicago Board of Trade</name>
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        <name>Citigroup Global Markets, Inc.</name>
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        <name>Del Amo Fashion Center Trust</name>
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        <name>Chicago Board of Trade</name>
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        <name>United States Treasury</name>
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        <name>New York Mercantile Exchange</name>
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        <name>AutoNation Finance Trust 2025-1</name>
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        <name>WAMU Asset-Backed Certificates</name>
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        <name>Brazil Government International Bonds</name>
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        <name>JPMorgan Securities LLC</name>
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        <name>Euronext Paris Matif</name>
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        <name>Thailand Futures Exchange</name>
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        <name>Government National Mortgage Association</name>
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        <name>Osaka Exchange</name>
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        <name>Citigroup Commercial Mortgage Trust</name>
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        <name>United States Treasury</name>
        <lei>254900HROIFWPRGM1V77</lei>
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        <name>ANGELO GORDON MORTGAGE TRUST GCAT_19-RPL1</name>
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        <name>FISERV INC</name>
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        <name>FIGRE TRUST FIGRE_25-HE5</name>
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        <name>Chicago Board of Trade</name>
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        <name>Canada Government Bonds</name>
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        <name>BX Trust</name>
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        <name>State Street Bank &amp; Trust Co.</name>
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        <name>JPMorgan Securities LLC</name>
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        <name>Goldman Sachs &amp; Co. LLC</name>
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        <name>United States Treasury</name>
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        <name>ICE Futures Europe</name>
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        <name>Indonesia Government International Bonds</name>
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        <name>HSI Asset Securitization Corporation Trust</name>
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        <name>Chicago Mercantile Exchange</name>
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        <name>ICE Futures Europe</name>
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        <name>JPMorgan Securities LLC</name>
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        <name>SABRE GLBL INC</name>
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        <name>DBGS Mortgage Trust</name>
        <lei>N/A</lei>
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        <name>UMBS, TBA</name>
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        <name>Tokyo Commodity Exchange</name>
        <lei>N/A</lei>
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        <name>Singapore Exchange Derivatives Clearing Ltd.</name>
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        <name>JPMorgan Securities LLC</name>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BERRY GLOBAL INC</name>
        <lei>549300AP2Q7ERHX6RI89</lei>
        <title>Berry Global Inc</title>
        <cusip>08576PAL5</cusip>
        <identifiers>
          <isin value="US08576PAL58"/>
        </identifiers>
        <balance>360000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>371381.11000000</valUSD>
        <pctVal>0.059772877748</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>5.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FIFTH THIRD BANCORP</name>
        <lei>THRNG6BD57P9QWTQLG42</lei>
        <title>Fifth Third Bancorp</title>
        <cusip>316773837</cusip>
        <identifiers>
          <isin value="US3167738372"/>
        </identifiers>
        <balance>27575.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>710056.25000000</valUSD>
        <pctVal>0.114281809933</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SM ENERGY CO</name>
        <lei>84BUTVXV5ODI6BXNMH43</lei>
        <title>SM Energy Co</title>
        <cusip>17888HAB9</cusip>
        <identifiers>
          <isin value="US17888HAB96"/>
        </identifiers>
        <balance>470000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>492808.86000000</valUSD>
        <pctVal>0.079316375952</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.75000000</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>STAPLES INC</name>
        <lei>XQM2JINI1UL7642TU573</lei>
        <title>Staples Inc</title>
        <cusip>855030AQ5</cusip>
        <identifiers>
          <isin value="US855030AQ50"/>
        </identifiers>
        <balance>45000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>41445.38000000</valUSD>
        <pctVal>0.006670532144</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.75000000</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>Chicago Mercantile Exchange</name>
        <lei>SNZ2OJLFK8MNNCLQOF39</lei>
        <title>JPY/USD FUTURE (CME) MAR 26</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="JYH6X26"/>
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        <balance>-1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>435.72000000</valUSD>
        <pctVal>0.000070128064</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Chicago Mercantile Exchange</counterpartyName>
              <counterpartyLei>SNZ2OJLFK8MNNCLQOF39</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>CME Japanese Yen Currency Futures</indexName>
                <indexIdentifier>JYH6 Curncy</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2026-03-16</expDate>
            <notionalAmt>-80654.47000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>435.72000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TORONTO-DOMINION BANK</name>
        <lei>PT3QB789TSUIDF371261</lei>
        <title>Toronto-Dominion Bank/The</title>
        <cusip>89117F8Z5</cusip>
        <identifiers>
          <isin value="US89117F8Z56"/>
        </identifiers>
        <balance>630000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>659757.76000000</valUSD>
        <pctVal>0.106186391473</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2082-10-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.13000000</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>JPMorgan Securities LLC</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>AUSTRALIA DOLLAR</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="CCTAUD"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>N/A</curCd>
        <valUSD>33221.43000000</valUSD>
        <pctVal>0.005346907585</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="derivative" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>JPMorgan Securities LLC</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
            </counterparties>
            <amtCurSold>2000000.00000000</amtCurSold>
            <curSold>GBP</curSold>
            <amtCurPur>3834871.40000000</amtCurPur>
            <curPur>AUD</curPur>
            <settlementDt>2026-03-31</settlementDt>
            <unrealizedAppr>33221.43000000</unrealizedAppr>
          </fwdDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2026-04-07</ncom:dateSigned>
      <ncom:nameOfApplicant>COLUMBIA FUNDS SERIES TRUST I</ncom:nameOfApplicant>
      <ncom:signature>Jennifer Borges</ncom:signature>
      <ncom:signerName>Jennifer Borges</ncom:signerName>
      <ncom:title>Senior Manager</ncom:title>
    </signature>
  </formData>
</edgarSubmission>