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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Caelus Re V Limited</name>
        <lei>N/A</lei>
        <title>Caelus Re V 2017-1 Class C</title>
        <cusip>12765KAC9</cusip>
        <identifiers>
          <isin value="US12765KAC99"/>
          <ticker value="CAELUS"/>
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        <balance>3170000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>158500.000000000000</valUSD>
        <pctVal>0.0103042032</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2024-06-05</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>.297807000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Caelus Re V Limited</name>
        <lei>N/A</lei>
        <title>Caelus Re V 2017-1 Class D</title>
        <cusip>12765KAD7</cusip>
        <identifiers>
          <isin value="US12765KAD72"/>
          <ticker value="CAELUS"/>
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        <balance>1400467.960000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>140.190000000000</valUSD>
        <pctVal>0.0000091139</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2024-06-05</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>.297807000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Caelus Re V Ltd</name>
        <lei>N/A</lei>
        <title>Caelus Re 2018-1 Class A</title>
        <cusip>12765KAE5</cusip>
        <identifiers>
          <isin value="US12765KAE55"/>
          <ticker value="CAELUS"/>
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        <balance>2681000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2104585.000000000000</valUSD>
        <pctVal>0.1368206405</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2025-06-09</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>.697807000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Caelus Re V Ltd</name>
        <lei>N/A</lei>
        <title>Caelus Re 2018-1 Class B</title>
        <cusip>12765KAF2</cusip>
        <identifiers>
          <isin value="US12765KAF21"/>
          <ticker value="CAELUS"/>
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        <balance>1745000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>30537.500000000000</valUSD>
        <pctVal>0.0019852656</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2025-06-09</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>.297807000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Caelus Re V Ltd</name>
        <lei>N/A</lei>
        <title>Caelus Re 2018-1 Class C</title>
        <cusip>12765KAG0</cusip>
        <identifiers>
          <isin value="US12765KAG04"/>
          <ticker value="CAELUS"/>
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        <balance>3218000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>16250.900000000000</valUSD>
        <pctVal>0.0010564831</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2025-06-09</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>.297807000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Caelus Re V Ltd</name>
        <lei>N/A</lei>
        <title>Caelus Re 2018-1 Class D</title>
        <cusip>12765KAH8</cusip>
        <identifiers>
          <isin value="US12765KAH86"/>
          <ticker value="CAELUS"/>
        </identifiers>
        <balance>536000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2706.800000000000</valUSD>
        <pctVal>0.0001759711</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2025-06-09</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>.297807000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Caelus Re VI Limited</name>
        <lei>N/A</lei>
        <title>Caelus Re 2020-1 Class A-1</title>
        <cusip>12765MAA9</cusip>
        <identifiers>
          <isin value="US12765MAA99"/>
          <ticker value="CAELUS"/>
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        <balance>1135000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1156394.750000000000</valUSD>
        <pctVal>0.0751780851</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-06-07</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.577807000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cape Lookout Re Ltd</name>
        <lei>N/A</lei>
        <title>Cape Lookout Re 2019-1 Class A</title>
        <cusip>13947LAA0</cusip>
        <identifiers>
          <isin value="US13947LAA08"/>
          <ticker value="CAPLKT"/>
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        <balance>13609000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>13613763.150000000000</valUSD>
        <pctVal>0.8850408955</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-02-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.347807000000</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>Cape Lookout Re Ltd.</name>
        <lei>N/A</lei>
        <title>Cape Lookout Re 2019-2 Class A</title>
        <cusip>13947LAB8</cusip>
        <identifiers>
          <isin value="US13947LAB80"/>
          <ticker value="CAPLKT"/>
        </identifiers>
        <balance>2560000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2587904.000000000000</valUSD>
        <pctVal>0.1682415691</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-05-09</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.427807000000</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>Citrus Re Ltd</name>
        <lei>549300VWWT5SE805NK88</lei>
        <title>Citrus Re 2017-1 Class A</title>
        <cusip>177510AH7</cusip>
        <identifiers>
          <isin value="US177510AH75"/>
          <ticker value="CITREL"/>
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        <balance>429724.580000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>133988.120000000000</valUSD>
        <pctVal>0.0087106676</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2023-03-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.325000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Easton Re Pte. Ltd.</name>
        <lei>N/A</lei>
        <title>Easton Re 2020-1 Class A</title>
        <cusip>27777RAA2</cusip>
        <identifiers>
          <isin value="US27777RAA23"/>
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        <balance>1397000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1403915.150000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-01-08</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.197807000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Eden Re II Segregated Account 2018-1</name>
        <lei>549300LKX8PCP3SC3F42</lei>
        <title>Eden Re II 2018-1 Class A</title>
        <cusip>27954GAA1</cusip>
        <identifiers>
          <isin value="US27954GAA13"/>
          <ticker value="EDENRE"/>
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        <balance>18526.830000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>88899.290000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2022-03-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Eden Re II Segregated Account 2018-1</name>
        <lei>549300LKX8PCP3SC3F42</lei>
        <title>Eden Re II 2018-1 Class B</title>
        <cusip>27954GAB9</cusip>
        <identifiers>
          <isin value="US27954GAB95"/>
          <ticker value="EDENRE"/>
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        <balance>91003.140000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1196987.000000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2022-03-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Eden Re II Ltd 2020-1</name>
        <lei>549300LKX8PCP3SC3F42</lei>
        <title>Eden Re II 2020-1 Class B</title>
        <cusip>27954QAH4</cusip>
        <identifiers>
          <isin value="US27954QAH48"/>
          <ticker value="EDENRE"/>
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        <balance>5000000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2473465.650000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2024-03-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Eden Re II Segregated Account 2019-1</name>
        <lei>549300LKX8PCP3SC3F42</lei>
        <title>Eden Re II 2019-1 Class B</title>
        <cusip>27954TAB1</cusip>
        <identifiers>
          <isin value="US27954TAB17"/>
          <ticker value="EDENRE"/>
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        <balance>70357.430000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2301381.520000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2023-03-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Eden Re II Segregated Account 2021-1</name>
        <lei>549300LKX8PCP3SC3F42</lei>
        <title>Eden Re II 2021-1 Class B</title>
        <cusip>27955HAB6</cusip>
        <identifiers>
          <isin value="US27955HAB69"/>
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        <balance>6750000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5304619.460000000000</valUSD>
        <pctVal>0.3448572673</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2025-03-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Eden Re II Segregated Account 2022-1</name>
        <lei>549300LKX8PCP3SC3F42</lei>
        <title>Eden Re II 2022-1 Class B</title>
        <cusip>27955KAB9</cusip>
        <identifiers>
          <isin value="US27955KAB98"/>
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        <balance>5000000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5039414.650000000000</valUSD>
        <pctVal>0.3276161048</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>Fidelity Government Portfolio</name>
        <lei>N/A</lei>
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        <name>First American Treasury Obliga</name>
        <lei>N/A</lei>
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        <name>First American Government Obli</name>
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        <name>First Coast Re II Pte. Ltd</name>
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        <name>FloodSmart Re Ltd</name>
        <lei>549300KK1LNVFW95S875</lei>
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          <isin value="US33975CAC91"/>
          <ticker value="FLOREL"/>
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        <isRestrictedSec>N</isRestrictedSec>
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        <name>FloodSmart Re Ltd</name>
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        <name>FloodSmart Re Ltd</name>
        <lei>549300KK1LNVFW95S875</lei>
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          <isin value="US33975CAE57"/>
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        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
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        <name>FloodSmart Re Ltd</name>
        <lei>549300KK1LNVFW95S875</lei>
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          <isin value="US33975CAF23"/>
          <ticker value="FLOREL"/>
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        <curCd>USD</curCd>
        <valUSD>3441725.000000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Herbie Re Ltd.</name>
        <lei>N/A</lei>
        <title>Herbie Re 2020-1 Class A</title>
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          <isin value="US42703VAA17"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
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          <couponKind>Floating</couponKind>
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        <name>Hypatia Ltd.</name>
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        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
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          <couponKind>Floating</couponKind>
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        <name>Hypatia Ltd.</name>
        <lei>98450041F85DB4C2C372</lei>
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        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
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          <couponKind>Floating</couponKind>
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        <name>Integrity Re II Pte. Ltd.</name>
        <lei>N/A</lei>
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          <isin value="US45833EAA55"/>
          <ticker value="INTEGR"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
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        <name>Kilimanjaro Re Limited</name>
        <lei>549300TOWVCRIW71JM30</lei>
        <title>Kilimanjaro Re 2018-1 Class A-1</title>
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          <ticker value="KILREL"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

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        <name>Kilimanjaro Re Limited</name>
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          <ticker value="KILREL"/>
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        <name>Kilimanjaro Re Limited</name>
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        <name>Kilimanjaro Re Limited</name>
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        <isRestrictedSec>N</isRestrictedSec>
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        <name>Kilimanjaro III Re Limited</name>
        <lei>254900T37LD5YQ545V53</lei>
        <title>Kilimanjaro III Re 2019-1 Class A-1</title>
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          <ticker value="KILREL"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Kilimanjaro III Re Limited</name>
        <lei>254900T37LD5YQ545V53</lei>
        <title>Kilimanjaro III Re 2019-1 Class A-2</title>
        <cusip>49407PAC4</cusip>
        <identifiers>
          <isin value="US49407PAC41"/>
          <ticker value="KILREL"/>
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        <balance>10883000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10586982.400000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-12-19</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>16.857807000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Kilimanjaro II Re Limited</name>
        <lei>N/A</lei>
        <title>Kilimanjaro Re II 2017-2 Class A-2</title>
        <cusip>49407QAD0</cusip>
        <identifiers>
          <isin value="US49407QAD07"/>
          <ticker value="KILREL"/>
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        <balance>3929000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3912301.750000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-04-21</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.675130000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Kilimanjaro II Re Limited</name>
        <lei>N/A</lei>
        <title>Kilimanjaro Re II 2017-2 Class B-2</title>
        <cusip>49407QAE8</cusip>
        <identifiers>
          <isin value="US49407QAE89"/>
          <ticker value="KILREL"/>
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        <balance>8893000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8906339.500000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-04-21</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.975130000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Kilimanjaro II Re Limited</name>
        <lei>N/A</lei>
        <title>Kilimanjaro Re II 2017-2 Class C-2</title>
        <cusip>49407QAF5</cusip>
        <identifiers>
          <isin value="US49407QAF54"/>
          <ticker value="KILREL"/>
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        <balance>6640000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6640000.000000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-04-21</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.365130000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Long Point Re III Ltd</name>
        <lei>549300X8D4F49UZO0Y39</lei>
        <title>Long Point Re III 2018-1 Class A</title>
        <cusip>542799AD3</cusip>
        <identifiers>
          <isin value="US542799AD35"/>
          <ticker value="LONGRE"/>
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        <balance>6054000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6062475.600000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-06-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.947807000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Manatee Re III Ltd</name>
        <lei>N/A</lei>
        <title>Manatee Re III 2019-1 Class B</title>
        <cusip>562011AB2</cusip>
        <identifiers>
          <isin value="US562011AB29"/>
          <ticker value="MANARE"/>
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        <balance>507000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5095.350000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2022-06-07</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.017807000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Matterhorn Re Ltd.</name>
        <lei>N/A</lei>
        <title>Matterhorn Re Ltd 2020-2 Class A</title>
        <cusip>577092AD1</cusip>
        <identifiers>
          <isin value="US577092AD19"/>
          <ticker value="MATTRE"/>
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        <balance>3049000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2915453.800000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-01-08</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.197807000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MetroCat Re Ltd</name>
        <lei>N/A</lei>
        <title>MetroCat Re 2020-1 Class A</title>
        <cusip>59165HAC3</cusip>
        <identifiers>
          <isin value="US59165HAC34"/>
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        <balance>2467000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2504621.750000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-05-08</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.697807000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Mona Lisa Re Ltd</name>
        <lei>549300R6SO6XBFDC7M25</lei>
        <title>Mona Lisa Re 2020-1 Class A</title>
        <cusip>608800AC2</cusip>
        <identifiers>
          <isin value="US608800AC24"/>
          <ticker value="MONLIS"/>
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        <balance>4000000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4056000.000000000000</valUSD>
        <pctVal>0.2636835850</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-01-09</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.697807000000</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>
      <invstOrSec>
        <name>MSILF Government Portfolio</name>
        <lei>549300BI6Y5SI6BYPB26</lei>
        <title>MSILF Government Portfolio</title>
        <cusip>61747C707</cusip>
        <identifiers>
          <isin value="US61747C7074"/>
          <ticker value="MVRXX"/>
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        <balance>54586749.420000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>54586749.420000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Mystic Re IV Ltd.</name>
        <lei>N/A</lei>
        <title>Mystic Re IV 2021-1 Class A</title>
        <cusip>62865LAA5</cusip>
        <identifiers>
          <isin value="US62865LAA52"/>
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        <balance>1862000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1905477.700000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-01-08</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.197807000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Nakama Re Ltd</name>
        <lei>2549003ZFVVVVKMRJ633</lei>
        <title>Nakama Re 2018-1 Class 1</title>
        <cusip>62983QAK9</cusip>
        <identifiers>
          <isin value="US62983QAK94"/>
          <ticker value="NAKAMA"/>
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        <balance>1744000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1744087.200000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-04-13</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.000000000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Nakama Re Ltd</name>
        <lei>2549003ZFVVVVKMRJ633</lei>
        <title>Nakama Re 2018-1 Class 2</title>
        <cusip>62983QAL7</cusip>
        <identifiers>
          <isin value="US62983QAL77"/>
          <ticker value="NAKAMA"/>
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        <balance>3362000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3367043.000000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-04-13</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.054380000000</annualizedRt>
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      <invstOrSec>
        <name>Nakama Re Ltd</name>
        <lei>2549003ZFVVVVKMRJ633</lei>
        <title>Nakama Re 2020-1 Class 1</title>
        <cusip>62983QAM5</cusip>
        <identifiers>
          <isin value="US62983QAM50"/>
          <ticker value="NAKAMA"/>
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        <balance>871000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>876661.500000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-01-14</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.397807000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Northshore Re II Limited</name>
        <lei>N/A</lei>
        <title>Northshore Re 2018-1 Class A</title>
        <cusip>666842AB5</cusip>
        <identifiers>
          <isin value="US666842AB56"/>
          <ticker value="NTHSHR"/>
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        <balance>9290000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>9370823.000000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-07-08</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.093750000000</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>Northshore Re II Limited</name>
        <lei>N/A</lei>
        <title>Northshore Re II 2019-1 Class A</title>
        <cusip>666842AC3</cusip>
        <identifiers>
          <isin value="US666842AC30"/>
          <ticker value="NTHSHR"/>
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        <balance>3905000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4023321.500000000000</valUSD>
        <pctVal>0.2615591313</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-07-07</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.507807000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Residential Re 2018 Ltd</name>
        <lei>N/A</lei>
        <title>Residential Re 2018-I Class 13</title>
        <cusip>76117UAB9</cusip>
        <identifiers>
          <isin value="US76117UAB98"/>
          <ticker value="RESID"/>
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        <balance>7353000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7283514.150000000000</valUSD>
        <pctVal>0.4735066869</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-06-06</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.657807000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Residential Re 2016 Ltd</name>
        <lei>N/A</lei>
        <title>Residential Re 2016-I Class 10</title>
        <cusip>76118GAA1</cusip>
        <identifiers>
          <isin value="US76118GAA13"/>
          <ticker value="RESID"/>
        </identifiers>
        <balance>1353174.320000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>33829.490000000000</valUSD>
        <pctVal>0.0021992804</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2022-03-06</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>.697807000000</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>Residential Re 2020 Ltd</name>
        <lei>N/A</lei>
        <title>Residential Re 2020-II Class 3</title>
        <cusip>76120AAB8</cusip>
        <identifiers>
          <isin value="US76120AAB89"/>
        </identifiers>
        <balance>586000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>584271.300000000000</valUSD>
        <pctVal>0.0379839130</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-12-06</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.437807000000</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>Residential Re 2020 Ltd</name>
        <lei>N/A</lei>
        <title>Residential Re 2020-II Class 4</title>
        <cusip>76120AAC6</cusip>
        <identifiers>
          <isin value="US76120AAC62"/>
        </identifiers>
        <balance>1269000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1290763.350000000000</valUSD>
        <pctVal>0.0839134880</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-12-06</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.707807000000</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>Residential Re 2019 Ltd</name>
        <lei>N/A</lei>
        <title>Residential Re 2019-I Class 12</title>
        <cusip>76120FAA9</cusip>
        <identifiers>
          <isin value="US76120FAA93"/>
          <ticker value="RESID"/>
        </identifiers>
        <balance>505000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>474700.000000000000</valUSD>
        <pctVal>0.0308606010</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-06-06</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.137807000000</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>Residential Re 2019 Ltd</name>
        <lei>N/A</lei>
        <title>Residential Re 2019-I Class 13</title>
        <cusip>76120FAB7</cusip>
        <identifiers>
          <isin value="US76120FAB76"/>
          <ticker value="RESID"/>
        </identifiers>
        <balance>1088000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1084572.800000000000</valUSD>
        <pctVal>0.0705088866</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-06-06</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.847807000000</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>Residential Re 2019 Ltd</name>
        <lei>N/A</lei>
        <title>Residential Re 2019-II Class 2</title>
        <cusip>76120FAD3</cusip>
        <identifiers>
          <isin value="US76120FAD33"/>
          <ticker value="RESID"/>
        </identifiers>
        <balance>1294000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1266179.000000000000</valUSD>
        <pctVal>0.0823152411</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-12-06</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>12.427807000000</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>Residential Re 2020 Ltd</name>
        <lei>N/A</lei>
        <title>Residential Re 2020-I Class 13</title>
        <cusip>76124AAB4</cusip>
        <identifiers>
          <isin value="US76124AAB44"/>
        </identifiers>
        <balance>1759000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1763749.300000000000</valUSD>
        <pctVal>0.1146626574</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-06-06</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.697807000000</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>SD Re Ltd</name>
        <lei>N/A</lei>
        <title>SD Re 2020-1 Class A</title>
        <cusip>78414BAB7</cusip>
        <identifiers>
          <isin value="US78414BAB71"/>
        </identifiers>
        <balance>1062000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1066991.400000000000</valUSD>
        <pctVal>0.0693659067</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-07-14</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.947807000000</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>Rondout (Artex Segregated Account Company)</name>
        <lei>N/A</lei>
        <title>Rondout (Artex Segregated Account Company)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="RONDOUT"/>
        </identifiers>
        <balance>136708.769900000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>108961162.440000000000</valUSD>
        <pctVal>7.0836464336</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sheepshead (Horseshoe Re)</name>
        <lei>N/A</lei>
        <title>Sheepshead (Horseshoe Re)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="SHEEPSHEAD"/>
        </identifiers>
        <balance>969034.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>60350427.790000000000</valUSD>
        <pctVal>3.9234263200</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Skytop (Artex Segregated Account Company)</name>
        <lei>N/A</lei>
        <title>Skytop (Artex Segregated Account Company)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="SKYTOP"/>
        </identifiers>
        <balance>209.920000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>.000000000000</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SR0001 (Horseshoe Re)</name>
        <lei>N/A</lei>
        <title>SR0001 (Horseshoe Re)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="SR0001"/>
        </identifiers>
        <balance>1757.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>.000000000000</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SR0005 (Horseshoe Re)</name>
        <lei>N/A</lei>
        <title>SR0005 (Horseshoe Re)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="SR0005"/>
        </identifiers>
        <balance>6966774.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>.000000000000</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SR0006 (Horseshoe Re)</name>
        <lei>N/A</lei>
        <title>SR0006 (Horseshoe Re)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="SR0006"/>
        </identifiers>
        <balance>39381541.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>.000000000000</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>St Kevins (Artex Segregated Account Company)</name>
        <lei>N/A</lei>
        <title>St. Kevins (Artex Segregated Account Company)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="STKEVINS"/>
        </identifiers>
        <balance>42943.530000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2378366.640000000000</valUSD>
        <pctVal>0.1546193891</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sugarloaf (Artex Segregated Account Company)</name>
        <lei>N/A</lei>
        <title>Sugarloaf (Artex Segregated Account Company)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="SUGARLOAF"/>
        </identifiers>
        <balance>19288.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>.000000000000</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Series 2021-A Segregated Account (Sussex Re Limited)</name>
        <lei>N/A</lei>
        <title>Sussex Re 2021-A</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="SUSSEX 2021-A"/>
        </identifiers>
        <balance>407821.420000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>328127.350000000000</valUSD>
        <pctVal>0.0213318037</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2022-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>.000000000000</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>Sussex 2022-A Segregated Account (Sussex Re Limited)</name>
        <lei>N/A</lei>
        <title>Sussex Re 2022-A</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="SUSSEX 2022-A"/>
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        <balance>1820000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1831175.930000000000</valUSD>
        <pctVal>0.1190461129</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2023-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>.000000000000</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>Sussex Capital Limited Diversified Fund</name>
        <lei>N/A</lei>
        <title>Sussex Designated Investment Series</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="SUSSEXDEC18"/>
        </identifiers>
        <balance>4790.102800000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>138122.670000000000</valUSD>
        <pctVal>0.0089794578</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sussex Capital Limited Diversified Fund</name>
        <lei>N/A</lei>
        <title>Sussex Designated Investment Series Dec 19</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="SUSSEXDEC19"/>
        </identifiers>
        <balance>3895.490000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>99175.920000000000</valUSD>
        <pctVal>0.0064475005</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sussex Capital Limited Diversified Fund</name>
        <lei>N/A</lei>
        <title>Sussex Designated Investment Series May 2019</title>
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        <name>Sutton (Artex Segregated Account Company)</name>
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        <name>Thopas Re Ltd. Segregated Account 2019-1</name>
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        <name>Segregated Account 2017-1 (Turing Re)</name>
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        <assetCat>EP</assetCat>
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        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
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        <name>Twin Lakes (Artex Segregated Account Company)</name>
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        <assetCat>EP</assetCat>
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        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
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        <name>Versutus Series 2018 Account A-5</name>
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        <assetCat>DBT</assetCat>
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          <couponKind>Fixed</couponKind>
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        <name>Sanders Re Ltd</name>
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          <isin value="US80000RAJ14"/>
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        <assetCat>DBT</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>
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        <name>Sanders Re II Ltd</name>
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        <assetCat>DBT</assetCat>
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        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
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          <couponKind>Floating</couponKind>
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        <name>Sector Re V Ltd</name>
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          <isin value="US81369ACT79"/>
          <ticker value="SECTOR"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
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          <maturityDt>2024-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>.000000000000</annualizedRt>
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        <name>Sector Re V Ltd</name>
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          <isin value="US81369ACU43"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
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          <couponKind>Fixed</couponKind>
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        <name>Sector Re V Ltd</name>
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        <assetCat>DBT</assetCat>
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        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
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          <couponKind>Fixed</couponKind>
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        <name>Sector Re V Ltd</name>
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          <isin value="US81369ADC36"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
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          <couponKind>Fixed</couponKind>
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        <name>Sector Re V Ltd</name>
        <lei>549300QS6XPZQHTCEJ97</lei>
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          <isin value="US81369ADE91"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
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          <maturityDt>2025-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <assetCat>DBT</assetCat>
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        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
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          <couponKind>Fixed</couponKind>
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        <name>Invesco Treasury Portfolio</name>
        <lei>5493004B3TM8ZIDDDC39</lei>
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          <isin value="US8252524066"/>
          <ticker value="TRPXX"/>
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        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Stratosphere Re Ltd.</name>
        <lei>N/A</lei>
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          <isin value="US86310AAA97"/>
          <ticker value="STRARE"/>
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        <isRestrictedSec>N</isRestrictedSec>
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      <invstOrSec>
        <name>Sutter Re Ltd.</name>
        <lei>N/A</lei>
        <title>Sutter Re 2020-2 Class A</title>
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        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
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      <invstOrSec>
        <name>Sutter Re Ltd.</name>
        <lei>N/A</lei>
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        <assetCat>DBT</assetCat>
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        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
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          <couponKind>Floating</couponKind>
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        <name>Ursa Re Ltd</name>
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          <isin value="US90323WAK62"/>
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        <isRestrictedSec>N</isRestrictedSec>
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      <invstOrSec>
        <name>Ursa Re Ltd</name>
        <lei>N/A</lei>
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          <isin value="US91734PAA49"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
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      <invstOrSec>
        <name>Ursa Re Ltd</name>
        <lei>N/A</lei>
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          <isin value="US91734PAB22"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>BM</invCountry>

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      <invstOrSec>
        <name>Aeolus Keystone</name>
        <lei>N/A</lei>
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          <other otherDesc="USER DEFINED" value="AEOLUSJ17"/>
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        <assetCat>EP</assetCat>
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        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Aeolus Keystone</name>
        <lei>N/A</lei>
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          <other otherDesc="USER DEFINED" value="AEOLUSJ18"/>
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        <assetCat>EP</assetCat>
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        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
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      <invstOrSec>
        <name>Aeolus Keystone</name>
        <lei>N/A</lei>
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          <other otherDesc="USER DEFINED" value="AEOLUSJ19"/>
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        <assetCat>EP</assetCat>
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        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>Aeolus Keystone</name>
        <lei>N/A</lei>
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          <other otherDesc="USER DEFINED" value="AEOLUSMY17"/>
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        <curCd>USD</curCd>
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        <assetCat>EP</assetCat>
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        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>Aeolus Keystone</name>
        <lei>N/A</lei>
        <title>Aeolus Property Catastrophe MY18 Keystone Fund</title>
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          <other otherDesc="USER DEFINED" value="AEOLUSMY2018"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
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        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Altiplano (Mt. Logan Re)</name>
        <lei>N/A</lei>
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        <cusip>000000000</cusip>
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          <other otherDesc="USER DEFINED" value="ALTIPLANO"/>
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        <balance>33500.000000000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Arenal (Artex Segregated Account Company)</name>
        <lei>N/A</lei>
        <title>Arenal (Artex Segregated Account Company)</title>
        <cusip>000000000</cusip>
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          <other otherDesc="USER DEFINED" value="ARENAL"/>
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        <balance>165450.194800000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Baldwin (Horseshoe Re)</name>
        <lei>N/A</lei>
        <title>Baldwin (Horseshoe Re)</title>
        <cusip>000000000</cusip>
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          <other otherDesc="USER DEFINED" value="BALDWIN"/>
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        <balance>1328746.000000000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Biscayne (Artex Segregated Account Company)</name>
        <lei>N/A</lei>
        <title>Biscayne (Artex Segregated Account Company)</title>
        <cusip>000000000</cusip>
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          <other otherDesc="USER DEFINED" value="BISCAYNE"/>
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        <balance>46978.980000000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
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      <invstOrSec>
        <name>Bowery (Artex Segregated Account Company)</name>
        <lei>N/A</lei>
        <title>Bowery (Artex Segregated Account Company)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="BOWERY"/>
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        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Brighton (Horseshoe Re)</name>
        <lei>N/A</lei>
        <title>Brighton (Horseshoe Re)</title>
        <cusip>000000000</cusip>
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          <other otherDesc="USER DEFINED" value="BRIGHTON"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>2015-1 (Cardinal Re Ltd)</name>
        <lei>N/A</lei>
        <title>Cardinal Re 2015-1</title>
        <cusip>000000000</cusip>
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          <other otherDesc="USER DEFINED" value="CARDINAL"/>
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        <balance>149.000000000000</balance>
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        <assetCat>EP</assetCat>
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        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Carlsbad (Artex Segregated Account Company)</name>
        <lei>N/A</lei>
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        <cusip>000000000</cusip>
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        <assetCat>EP</assetCat>
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        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
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      <invstOrSec>
        <name>Cumberland (Artex Segregated Account Company)</name>
        <lei>N/A</lei>
        <title>Cumberland (Artex Segregated Account Company)</title>
        <cusip>000000000</cusip>
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          <other otherDesc="USER DEFINED" value="CUMBERLAND"/>
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        <assetCat>EP</assetCat>
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        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
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        <name>Cypress (Horseshoe Re)</name>
        <lei>N/A</lei>
        <title>Cypress (Horseshoe Re)</title>
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          <other otherDesc="USER DEFINED" value="CYPRESS"/>
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        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
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      <invstOrSec>
        <name>Emerald Lake (Artex Segregated Account Company)</name>
        <lei>N/A</lei>
        <title>Emerald Lake (Artex Segregated Account Company)</title>
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        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
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      <invstOrSec>
        <name>Florblanca (Artex Segregated Account Company)</name>
        <lei>N/A</lei>
        <title>Florblanca (Artex Segregated Account Company)</title>
        <cusip>000000000</cusip>
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        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
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      <invstOrSec>
        <name>Freeport (Horseshoe Re)</name>
        <lei>N/A</lei>
        <title>Freeport (Horseshoe Re)</title>
        <cusip>000000000</cusip>
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          <ticker value="5752Z"/>
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        <assetCat>EP</assetCat>
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        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
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      <invstOrSec>
        <name>Series 1711A (Resilience Re Ltd)</name>
        <lei>549300MGGTJ8JMVTOJ89</lei>
        <title>Resilience Re Series 1711A</title>
        <cusip>AM4983822</cusip>
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          <isin value="BMG7527LAD75"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
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          <maturityDt>2022-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Harambee Holdings Ltd.</name>
        <lei>N/A</lei>
        <title>Harambee Re 2018</title>
        <cusip>000000000</cusip>
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          <other otherDesc="USER DEFINED" value="HARAMBEE18"/>
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        <name>Harambee Re Segregated Account 2019-1</name>
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        <name>Hatteras (Artex Segregated Account Company)</name>
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        <name>Hudson Charles (Mt. Logan Re)</name>
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        <name>Hudson Paul (Mt. Logan Re)</name>
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        <name>Iseo (Artex Segregated Account Company)</name>
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        <name>Kensington</name>
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        <name>Lorimer (Horseshoe Re)</name>
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        <name>LRe 2019 (Lorenz Re Ltd.)</name>
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        <name>Mackinac (Artex Segregated Account Company)</name>
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        <name>Madison (Artex Segregated Account Company)</name>
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        <name>Mohonk (Artex Segregated Account Company)</name>
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        <name>Mulholland (Artex Segregated Account Company)</name>
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        <invCountry>BM</invCountry>

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        <name>POINT DUME LLP</name>
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        <name>Riverdale (Horseshoe Re)</name>
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        <name>Versutus Ltd. Series 2019</name>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

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        <name>Viribus Re Ltd. Series 2018 Segregated Account</name>
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        <title>Viribus Re 2018</title>
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        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
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        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Viribus Re Ltd. Series 2019 Segregated Account</name>
        <lei>N/A</lei>
        <title>Viribus Re 2019</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="VIRIBUS2019"/>
        </identifiers>
        <balance>601832.710000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>44482.660000000000</valUSD>
        <pctVal>0.0028918509</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Windsor (Horseshoe Re)</name>
        <lei>N/A</lei>
        <title>Windsor (Horseshoe Re)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="WINDSOR"/>
        </identifiers>
        <balance>1230204.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>.000000000000</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Woodside (Horseshoe Re)</name>
        <lei>N/A</lei>
        <title>Woodside (Horseshoe Re)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="WOODSIDE"/>
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        <balance>1012875.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>62686374.920000000000</valUSD>
        <pctVal>4.0752879851</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Espada Reinsurance Limited</name>
        <lei>254900Y2C56B55W52928</lei>
        <title>Espada Reinsurance 2016-1 Class 20</title>
        <cusip>JK1071865</cusip>
        <identifiers>
          <isin value="XS1360547167"/>
          <ticker value="ESPADA"/>
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        <balance>274230.050000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>82269.020000000000</valUSD>
        <pctVal>0.0053483703</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2022-03-07</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>.697807000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Limestone Re Segregated Account 2018-1</name>
        <lei>5493004PN8HGYC184A27</lei>
        <title>Limestone Re 2018-1 A</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS1847678130"/>
          <ticker value="LMESTN"/>
          <other otherDesc="USER DEFINED" value="XS1847678130"/>
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        <balance>7638.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>.000000000000</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2022-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Alturas Re 2019-1</name>
        <lei>N/A</lei>
        <title>Alturas Re 2019-1 Class A</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS1917798198"/>
          <ticker value="ALTREL"/>
          <other otherDesc="USER DEFINED" value="ALTREL"/>
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        <balance>20001.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>16977.850000000000</valUSD>
        <pctVal>0.0011037427</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2023-03-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>.000000000000</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>Limestone Re Segregated Account 2019-1</name>
        <lei>5493004PN8HGYC184A27</lei>
        <title>Limestone Re 2019-1 B</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS1924351965"/>
          <ticker value="LMESTN"/>
          <other otherDesc="USER DEFINED" value="XS1924351965"/>
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        <balance>24558.975100000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>.000000000000</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2022-09-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Limestone Re Segregated Account 2019-2</name>
        <lei>5493004PN8HGYC184A27</lei>
        <title>Limestone Re 2019-2 B</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2012992256"/>
          <ticker value="LMESTN"/>
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        <balance>86127.970000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>121276.790000000000</valUSD>
        <pctVal>0.0078842946</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2023-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>.000000000000</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>IBRD</name>
        <lei>ZTMSNXROF84AHWJNKQ93</lei>
        <title>IBRD CAR 123 Class A</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2082419404"/>
          <ticker value="IBRD"/>
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        <balance>588000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>588499.800000000000</valUSD>
        <pctVal>0.0382588109</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-12-02</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.539630000000</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>Alturas Re 2020-1</name>
        <lei>549300FZNJS17ZR1BR73</lei>
        <title>Alturas Re 2020-1 Class B</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2096025809"/>
          <ticker value="ALTREL"/>
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        <balance>2986529.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>473962.150000000000</valUSD>
        <pctVal>0.0308126329</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2023-03-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>.000000000000</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>Limestone Re Segregated Account 2020-1</name>
        <lei>5493004PN8HGYC184A27</lei>
        <title>Limestone Re 2020-1 A</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2096788026"/>
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        <balance>12280.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>151018.210000000000</valUSD>
        <pctVal>0.0098178065</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2024-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>IBRD</name>
        <lei>ZTMSNXROF84AHWJNKQ93</lei>
        <title>IBRD CAR 125 Class A</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2127855125"/>
          <ticker value="IBRD"/>
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        <balance>3619000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3637999.750000000000</valUSD>
        <pctVal>0.2365090770</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-03-13</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.620880000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>IBRD</name>
        <lei>ZTMSNXROF84AHWJNKQ93</lei>
        <title>IBRD CAR 126 Class B</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2127855398"/>
          <ticker value="IBRD"/>
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        <balance>639000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>642802.050000000000</valUSD>
        <pctVal>0.0417890407</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-03-13</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.120880000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>IBRD</name>
        <lei>ZTMSNXROF84AHWJNKQ93</lei>
        <title>IBRD CAR 127 Class C</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2127855638"/>
          <ticker value="IBRD"/>
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        <balance>3479000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3557451.450000000000</valUSD>
        <pctVal>0.2312725719</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-03-13</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.120880000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Azzurro Re II</name>
        <lei>635400NZWVDIAI82JP08</lei>
        <title>Azzurro Re II  Class A</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2193952053"/>
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        <balance>319000.000000000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt=".890120000000"/>
        <valUSD>361801.160000000000</valUSD>
        <pctVal>0.0235209632</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-01-17</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yellowstone (Artex Segregated Account Company)</name>
        <lei>N/A</lei>
        <title>Yellowstone (Artex Segregated Account Company)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="YELLOWSTONE"/>
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        <balance>100.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>.000000000000</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yoho (Artex Segregated Account Company)</name>
        <lei>N/A</lei>
        <title>Yoho (Artex Segregated Account Company)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="YOHO"/>
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        <balance>357363.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>29169854.580000000000</valUSD>
        <pctVal>1.8963540011</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Yorkville (Artex Segregated Account Company)</name>
        <lei>N/A</lei>
        <title>Yorkville (Artex Segregated Account Company)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="YORKVILLE"/>
        </identifiers>
        <balance>143393.900000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>144276414.320000000000</valUSD>
        <pctVal>9.3795172964</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2022-03-31</ncom:dateSigned>
      <ncom:nameOfApplicant>Stone Ridge Trust II</ncom:nameOfApplicant>
      <ncom:signature>Anthony Zuco</ncom:signature>
      <ncom:signerName>Anthony Zuco</ncom:signerName>
      <ncom:title>Treasurer and Principal Financial Officer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
