<SEC-DOCUMENT>0001752724-24-088404.txt : 20240424
<SEC-HEADER>0001752724-24-088404.hdr.sgml : 20240424
<ACCEPTANCE-DATETIME>20240424121009
ACCESSION NUMBER:		0001752724-24-088404
CONFORMED SUBMISSION TYPE:	NPORT-P
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20240229
FILED AS OF DATE:		20240424
DATE AS OF CHANGE:		20240424
PERIOD START:           	20241130

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Flaherty & Crumrine PREFERRED & INCOME OPPORTUNITY FUND INC
		CENTRAL INDEX KEY:			0000882071
		ORGANIZATION NAME:           	
		IRS NUMBER:				954355600
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1130

	FILING VALUES:
		FORM TYPE:		NPORT-P
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-06495
		FILM NUMBER:		24868349

	BUSINESS ADDRESS:	
		STREET 1:		301 E COLORADO BLVD STE 720
		STREET 2:		C/O FLAHERTY & CRUMRINE INC
		CITY:			PASADENA
		STATE:			CA
		ZIP:			91101
		BUSINESS PHONE:		(626) 795-7300

	MAIL ADDRESS:	
		STREET 1:		301 COLORADO BLVD STE 800
		STREET 2:		C/O FLAHERTY & CRUMRINE INC
		CITY:			PASADENA
		STATE:			CA
		ZIP:			91101

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Flaherty & Crumrine PREFERRED INCOME OPPORTUNITY FUND INC
		DATE OF NAME CHANGE:	20050708

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PREFERRED INCOME OPPORTUNITY FUND INC
		DATE OF NAME CHANGE:	19920929
</SEC-HEADER>
<DOCUMENT>
<TYPE>NPORT-P
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/nport" xmlns:com="http://www.sec.gov/edgar/common" xmlns:ncom="http://www.sec.gov/edgar/nportcommon" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.sec.gov/edgar/nport eis_NPORT_Filer.xsd">
  <headerData>
    <submissionType>NPORT-P</submissionType>
    <isConfidential>false</isConfidential>
    <filerInfo>

      <filer>
        <issuerCredentials>
          <cik>0000882071</cik>
          <ccc>XXXXXXXX</ccc>
        </issuerCredentials>
      </filer>



    </filerInfo>
  </headerData>
  <formData>
    <genInfo>
      <regName>Flaherty &amp; Crumrine Preferred &amp; Income Opportunity Fund Inc</regName>
      <regFileNumber>811-06495</regFileNumber>
      <regCik>0000882071</regCik>
      <regLei>2549008Y9TGWYEWYW496</regLei>
      <regStreet1>301 East Colorado Boulevard</regStreet1>
      <regStreet2>Suite 800</regStreet2>
      <regCity>Pasadena</regCity>
      <regStateConditional regCountry="US" regState="US-CA"/>
      <regZipOrPostalCode>91101</regZipOrPostalCode>
      <regPhone>626-795-7300</regPhone>
      <seriesName>Flaherty &amp; Crumrine Preferred and Income Opportunity Fund Incorporated</seriesName>
      <seriesLei>2549008Y9TGWYEWYW496</seriesLei>
      <repPdEnd>2024-11-30</repPdEnd>
      <repPdDate>2024-02-29</repPdDate>
      <isFinalFiling>N</isFinalFiling>
    </genInfo>
    <fundInfo>
      <totAssets>209188024.40</totAssets>
      <totLiabs>85082232.29</totLiabs>
      <netAssets>124105792.11</netAssets>
      <assetsAttrMiscSec>0.00000000</assetsAttrMiscSec>
      <assetsInvested>0.00000000</assetsInvested>
      <amtPayOneYrBanksBorr>80600000.00000000</amtPayOneYrBanksBorr>
      <amtPayOneYrCtrldComp>0.00000000</amtPayOneYrCtrldComp>
      <amtPayOneYrOthAffil>0.00000000</amtPayOneYrOthAffil>
      <amtPayOneYrOther>0.00000000</amtPayOneYrOther>
      <amtPayAftOneYrBanksBorr>0.00000000</amtPayAftOneYrBanksBorr>
      <amtPayAftOneYrCtrldComp>0.00000000</amtPayAftOneYrCtrldComp>
      <amtPayAftOneYrOthAffil>0.00000000</amtPayAftOneYrOthAffil>
      <amtPayAftOneYrOther>0.00000000</amtPayAftOneYrOther>
      <delayDeliv>0.00000000</delayDeliv>
      <standByCommit>0.00000000</standByCommit>
      <liquidPref>0.00000000</liquidPref>
      <curMetrics>
        <curMetric>
          <curCd>USD</curCd>
          <intrstRtRiskdv01 period10Yr="8005.00000000" period1Yr="27418.00000000" period30Yr="2463.00000000" period3Mon="4013.00000000" period5Yr="20538.00000000"/>
          <intrstRtRiskdv100 period10Yr="798895.00000000" period1Yr="2739850.00000000" period30Yr="246184.00000000" period3Mon="401258.00000000" period5Yr="2054827.00000000"/>
        </curMetric>
      </curMetrics>
      <creditSprdRiskInvstGrade period10Yr="14874.00000000" period1Yr="19219.00000000" period30Yr="5418.00000000" period3Mon="5664.00000000" period5Yr="19936.00000000"/>
      <creditSprdRiskNonInvstGrade period10Yr="13704.00000000" period1Yr="12317.00000000" period30Yr="5078.00000000" period3Mon="3451.00000000" period5Yr="14082.00000000"/>
      <isNonCashCollateral>N</isNonCashCollateral>
      <returnInfo>
        <monthlyTotReturns>
          <monthlyTotReturn classId="C000000000" rtn1="3.69000000" rtn2="5.59000000" rtn3="-0.65000000"/>
        </monthlyTotReturns>
        <monthlyReturnCats>
          <commodityContracts>
            <mon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <forwardCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </forwardCategory>
            <futureCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </futureCategory>
            <optionCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </optionCategory>
            <swaptionCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </swaptionCategory>
            <swapCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </swapCategory>
            <warrantCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </warrantCategory>
            <otherCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </otherCategory>
          </commodityContracts>
          <creditContracts>
            <mon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <forwardCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </forwardCategory>
            <futureCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </futureCategory>
            <optionCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </optionCategory>
            <swaptionCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </swaptionCategory>
            <swapCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </swapCategory>
            <warrantCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </warrantCategory>
            <otherCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </otherCategory>
          </creditContracts>
          <equityContracts>
            <mon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <forwardCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </forwardCategory>
            <futureCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </futureCategory>
            <optionCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </optionCategory>
            <swaptionCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </swaptionCategory>
            <swapCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </swapCategory>
            <warrantCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </warrantCategory>
            <otherCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </otherCategory>
          </equityContracts>
          <foreignExchgContracts>
            <mon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <forwardCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </forwardCategory>
            <futureCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </futureCategory>
            <optionCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </optionCategory>
            <swaptionCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </swaptionCategory>
            <swapCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </swapCategory>
            <warrantCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </warrantCategory>
            <otherCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </otherCategory>
          </foreignExchgContracts>
          <interestRtContracts>
            <mon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <forwardCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </forwardCategory>
            <futureCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </futureCategory>
            <optionCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </optionCategory>
            <swaptionCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </swaptionCategory>
            <swapCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </swapCategory>
            <warrantCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </warrantCategory>
            <otherCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </otherCategory>
          </interestRtContracts>
          <otherContracts>
            <mon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <forwardCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </forwardCategory>
            <futureCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </futureCategory>
            <optionCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </optionCategory>
            <swaptionCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </swaptionCategory>
            <swapCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </swapCategory>
            <warrantCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </warrantCategory>
            <otherCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </otherCategory>
          </otherContracts>
        </monthlyReturnCats>
        <othMon1 netRealizedGain="-216201.08000000" netUnrealizedAppr="4651017.88000000"/>
        <othMon2 netRealizedGain="-10196.50000000" netUnrealizedAppr="2668800.87000000"/>
        <othMon3 netRealizedGain="-14813.46000000" netUnrealizedAppr="142171.44000000"/>
      </returnInfo>
      <mon1Flow redemption="0.00000000" reinvestment="0.00000000" sales="0.00000000"/>
      <mon2Flow redemption="0.00000000" reinvestment="0.00000000" sales="0.00000000"/>
      <mon3Flow redemption="0.00000000" reinvestment="0.00000000" sales="0.00000000"/>


    </fundInfo>
    <invstOrSecs>
      <invstOrSec>
        <name>HUNTINGTON BANCSHARES</name>
        <lei>549300XTVCVV9I7B5T19</lei>
        <title>Huntington Bancshares Inc/OH</title>
        <cusip>446150773</cusip>
        <identifiers>
          <isin value="US4461507737"/>
          <ticker value="HBAN"/>
        </identifiers>
        <balance>29880.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>732956.40000000</valUSD>
        <pctVal>0.590590001915</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VISTRA CORP</name>
        <lei>549300KP43CPCUJOOG15</lei>
        <title>Vistra Corp</title>
        <cusip>92840MAC6</cusip>
        <identifiers>
          <isin value="US92840MAC64"/>
          <other otherDesc="SEDOL" value="BLDBFD4"/>
        </identifiers>
        <balance>130000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>125929.70000000</valUSD>
        <pctVal>0.101469639618</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CITIGROUP INC</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>Citigroup Inc</title>
        <cusip>172967PE5</cusip>
        <identifiers>
          <isin value="US172967PE54"/>
          <other otherDesc="SEDOL" value="BR55Z58"/>
        </identifiers>
        <balance>1225000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1266273.93000000</valUSD>
        <pctVal>1.020318156365</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.62500000</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>BANCO SANTANDER SA</name>
        <lei>5493006QMFDDMYWIAM13</lei>
        <title>Banco Santander SA</title>
        <cusip>05971KAH2</cusip>
        <identifiers>
          <isin value="US05971KAH23"/>
          <other otherDesc="SEDOL" value="BKPGK79"/>
        </identifiers>
        <balance>4200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3592111.32000000</valUSD>
        <pctVal>2.894394579759</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FULTON FINANCIAL CORP</name>
        <lei>5493005QLZ6O1BNC0C11</lei>
        <title>Fulton Financial Corp</title>
        <cusip>360271308</cusip>
        <identifiers>
          <isin value="US3602713089"/>
          <ticker value="FULT"/>
        </identifiers>
        <balance>7700.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>140140.00000000</valUSD>
        <pctVal>0.112919790138</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LLOYDS BANKING GROUP PLC</name>
        <lei>549300PPXHEU2JF0AM85</lei>
        <title>Lloyds Banking Group PLC</title>
        <cusip>539439AU3</cusip>
        <identifiers>
          <isin value="US539439AU36"/>
          <other otherDesc="SEDOL" value="BGGFFH2"/>
        </identifiers>
        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>197498.08000000</valUSD>
        <pctVal>0.159136875597</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>REGIONS FINANCIAL CORP</name>
        <lei>CW05CS5KW59QTC0DG824</lei>
        <title>Regions Financial Corp</title>
        <cusip>7591EP506</cusip>
        <identifiers>
          <isin value="US7591EP5063"/>
          <ticker value="RF"/>
        </identifiers>
        <balance>8627.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>214122.14000000</valUSD>
        <pctVal>0.172531947429</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RENAISSANCERE HOLDINGS L</name>
        <lei>EK6GB9U3U58PDI411C94</lei>
        <title>RenaissanceRe Holdings Ltd</title>
        <cusip>75968N309</cusip>
        <identifiers>
          <isin value="US75968N3098"/>
          <ticker value="RNR"/>
        </identifiers>
        <balance>7926.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>195296.64000000</valUSD>
        <pctVal>0.157363034133</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EMERA INC</name>
        <lei>NQZVQT2P5IUF2PGA1Q48</lei>
        <title>Emera Inc</title>
        <cusip>290876AD3</cusip>
        <identifiers>
          <isin value="US290876AD37"/>
          <other otherDesc="SEDOL" value="BYYFGC2"/>
        </identifiers>
        <balance>2030000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1996788.39000000</valUSD>
        <pctVal>1.608940530535</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2076-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NEXTERA ENERGY CAPITAL</name>
        <lei>UMI46YPGBLUE4VGNNT48</lei>
        <title>NextEra Energy Capital Holdings Inc</title>
        <cusip>65339KCW8</cusip>
        <identifiers>
          <isin value="US65339KCW80"/>
        </identifiers>
        <balance>345000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>344523.92000000</valUSD>
        <pctVal>0.277605028856</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.70000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VODAFONE GROUP PLC</name>
        <lei>213800TB53ELEUKM7Q61</lei>
        <title>Vodafone Group PLC</title>
        <cusip>92857WBQ2</cusip>
        <identifiers>
          <isin value="US92857WBQ24"/>
          <other otherDesc="SEDOL" value="BJWZHR1"/>
        </identifiers>
        <balance>650000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>666936.40000000</valUSD>
        <pctVal>0.537393451716</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2079-04-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SOCIETE GENERALE</name>
        <lei>O2RNE8IBXP4R0TD8PU41</lei>
        <title>Societe Generale SA</title>
        <cusip>83370RAC2</cusip>
        <identifiers>
          <isin value="US83370RAC25"/>
          <other otherDesc="SEDOL" value="BP0XZK8"/>
        </identifiers>
        <balance>4400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4534772.00000000</valUSD>
        <pctVal>3.653956775829</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.37500000</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>ARBOR REALTY TRUST INC</name>
        <lei>549300ASFUWYQO0RW077</lei>
        <title>Arbor Realty Trust Inc</title>
        <cusip>038923876</cusip>
        <identifiers>
          <isin value="US0389238769"/>
          <ticker value="ABR"/>
        </identifiers>
        <balance>5189.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>93713.34000000</valUSD>
        <pctVal>0.075510851191</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SEMPRA</name>
        <lei>PBBKGKLRK5S5C0Y4T545</lei>
        <title>Sempra</title>
        <cusip>816851BM0</cusip>
        <identifiers>
          <isin value="US816851BM02"/>
          <other otherDesc="SEDOL" value="BMVVWC1"/>
        </identifiers>
        <balance>950000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>876346.50000000</valUSD>
        <pctVal>0.706128606167</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</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>BANK OF NOVA SCOTIA</name>
        <lei>L3I9ZG2KFGXZ61BMYR72</lei>
        <title>Bank of Nova Scotia/The</title>
        <cusip>0641598V1</cusip>
        <identifiers>
          <isin value="US0641598V18"/>
          <other otherDesc="SEDOL" value="BRXGPQ4"/>
        </identifiers>
        <balance>720000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>728861.04000000</valUSD>
        <pctVal>0.587290107583</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2084-01-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HUNTINGTON BANCSHARES</name>
        <lei>549300XTVCVV9I7B5T19</lei>
        <title>Huntington Bancshares Inc/OH</title>
        <cusip>446150AL8</cusip>
        <identifiers>
          <isin value="US446150AL81"/>
          <other otherDesc="SEDOL" value="BF2THG4"/>
        </identifiers>
        <balance>950000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>932302.55000000</valUSD>
        <pctVal>0.751215986094</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.45560000</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>LINCOLN NATIONAL CORP</name>
        <lei>EFQMQROEDSNBRIP7LE47</lei>
        <title>Lincoln National Corp</title>
        <cusip>534187885</cusip>
        <identifiers>
          <isin value="US5341878859"/>
          <ticker value="LNC"/>
        </identifiers>
        <balance>14500.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>405130.00000000</valUSD>
        <pctVal>0.326439236325</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SYNCHRONY FINANCIAL</name>
        <lei>549300RS7EWPM9MA6C78</lei>
        <title>Synchrony Financial</title>
        <cusip>87165B202</cusip>
        <identifiers>
          <isin value="US87165B2025"/>
          <ticker value="SYF"/>
        </identifiers>
        <balance>39000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>731640.00000000</valUSD>
        <pctVal>0.589529293968</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CARLYLE FINANCE LLC</name>
        <lei>N/A</lei>
        <title>Carlyle Finance LLC</title>
        <cusip>14314C105</cusip>
        <identifiers>
          <isin value="US14314C1053"/>
          <ticker value="CG"/>
        </identifiers>
        <balance>10600.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>209244.00000000</valUSD>
        <pctVal>0.168601317023</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GOLDMAN SACHS GROUP INC</name>
        <lei>784F5XWPLTWKTBV3E584</lei>
        <title>Goldman Sachs Group Inc/The</title>
        <cusip>38141GA38</cusip>
        <identifiers>
          <isin value="US38141GA385"/>
          <other otherDesc="SEDOL" value="BPK6RS9"/>
        </identifiers>
        <balance>380000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>400529.05000000</valUSD>
        <pctVal>0.322731955689</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NEW YORK MORTGAGE TRUST</name>
        <lei>549300JFGR0M7ULHWG48</lei>
        <title>New York Mortgage Trust Inc</title>
        <cusip>649604865</cusip>
        <identifiers>
          <isin value="US6496048652"/>
          <ticker value="NYMT"/>
        </identifiers>
        <balance>21000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>411810.00000000</valUSD>
        <pctVal>0.331821740950</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BNP PARIBAS</name>
        <lei>R0MUWSFPU8MPRO8K5P83</lei>
        <title>BNP Paribas SA</title>
        <cusip>05565AAN3</cusip>
        <identifiers>
          <isin value="US05565AAN37"/>
          <other otherDesc="SEDOL" value="BYV0501"/>
        </identifiers>
        <balance>4661000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4678478.75000000</valUSD>
        <pctVal>3.769750525304</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.37500000</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>PNC FINANCIAL SERVICES</name>
        <lei>CFGNEKW0P8842LEUIA51</lei>
        <title>PNC Financial Services Group Inc/The</title>
        <cusip>693475BP9</cusip>
        <identifiers>
          <isin value="US693475BP99"/>
          <other otherDesc="SEDOL" value="BR1H6S8"/>
        </identifiers>
        <balance>934000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>883863.63000000</valUSD>
        <pctVal>0.712185640148</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HSBC HOLDINGS PLC</name>
        <lei>MLU0ZO3ML4LN2LL2TL39</lei>
        <title>HSBC Holdings PLC</title>
        <cusip>404280BP3</cusip>
        <identifiers>
          <isin value="US404280BP39"/>
          <other otherDesc="SEDOL" value="BFMXK12"/>
        </identifiers>
        <balance>3430000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3281475.86000000</valUSD>
        <pctVal>2.644095657591</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ENTERPRISE PRODUCTS OPER</name>
        <lei>5493004LGN656HWLDA30</lei>
        <title>Enterprise Products Operating LLC</title>
        <cusip>29379VBN2</cusip>
        <identifiers>
          <isin value="US29379VBN29"/>
          <other otherDesc="SEDOL" value="BF47Q58"/>
        </identifiers>
        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>475565.85000000</valUSD>
        <pctVal>0.383193920214</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2077-08-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JACKSON FINANCIAL INC</name>
        <lei>213800WXW2KG1N4CO374</lei>
        <title>Jackson Financial Inc</title>
        <cusip>46817M206</cusip>
        <identifiers>
          <isin value="US46817M2061"/>
          <ticker value="JXN"/>
        </identifiers>
        <balance>10800.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>289980.00000000</valUSD>
        <pctVal>0.233655492680</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LINCOLN NATIONAL CORP</name>
        <lei>EFQMQROEDSNBRIP7LE47</lei>
        <title>Lincoln National Corp</title>
        <cusip>534187BR9</cusip>
        <identifiers>
          <isin value="US534187BR92"/>
          <other otherDesc="SEDOL" value="BP481N4"/>
        </identifiers>
        <balance>360000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>388838.52000000</valUSD>
        <pctVal>0.313312145540</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>M&amp;T BANK CORPORATION</name>
        <lei>549300WYXDDBYRASEG81</lei>
        <title>M&amp;T Bank Corp</title>
        <cusip>55261FAN4</cusip>
        <identifiers>
          <isin value="US55261FAN42"/>
          <other otherDesc="SEDOL" value="BPCKX47"/>
        </identifiers>
        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>376248.46000000</valUSD>
        <pctVal>0.303167526352</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ING GROEP NV</name>
        <lei>549300NYKK9MWM7GGW15</lei>
        <title>ING Groep NV</title>
        <cusip>456837AY9</cusip>
        <identifiers>
          <isin value="US456837AY94"/>
          <other otherDesc="SEDOL" value="BMYR3H8"/>
        </identifiers>
        <balance>525000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>427935.38000000</valUSD>
        <pctVal>0.344814994308</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</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>ENBRIDGE INC</name>
        <lei>98TPTUM4IVMFCZBCUR27</lei>
        <title>Enbridge Inc</title>
        <cusip>29250NAN5</cusip>
        <identifiers>
          <isin value="US29250NAN57"/>
          <other otherDesc="SEDOL" value="BD9N4C0"/>
        </identifiers>
        <balance>1030000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1002607.98000000</valUSD>
        <pctVal>0.807865582221</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2077-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EVEREST REINSURANCE HLDG</name>
        <lei>254900P29PM5UJR3VU91</lei>
        <title>Everest Reinsurance Holdings Inc</title>
        <cusip>299808AE5</cusip>
        <identifiers>
          <isin value="US299808AE55"/>
          <other otherDesc="SEDOL" value="B1WP7R5"/>
        </identifiers>
        <balance>1031000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>889772.14000000</valUSD>
        <pctVal>0.716946505777</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-05-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.95360000</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>MORGAN STANLEY</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley</title>
        <cusip>61745VAB9</cusip>
        <identifiers>
          <isin value="US61745VAB99"/>
          <other otherDesc="SEDOL" value="BLB1718"/>
        </identifiers>
        <balance>444000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>457783.54000000</valUSD>
        <pctVal>0.368865572038</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.80624000</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>DOMINION ENERGY INC</name>
        <lei>ILUL7B6Z54MRYCF6H308</lei>
        <title>Dominion Energy Inc</title>
        <cusip>25746UDM8</cusip>
        <identifiers>
          <isin value="US25746UDM80"/>
          <other otherDesc="SEDOL" value="BP6NM01"/>
        </identifiers>
        <balance>515000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>483002.17000000</valUSD>
        <pctVal>0.389185840393</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.35000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WESTERN ALLIANCE BANCORP</name>
        <lei>5493003VJXZ5JXT9S762</lei>
        <title>Western Alliance Bancorp</title>
        <cusip>957638406</cusip>
        <identifiers>
          <isin value="US9576384062"/>
          <ticker value="WAL"/>
        </identifiers>
        <balance>17300.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>304134.00000000</valUSD>
        <pctVal>0.245060278677</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>METLIFE INC</name>
        <lei>C4BXATY60WC6XEOZDX54</lei>
        <title>MetLife Inc</title>
        <cusip>59156RAV0</cusip>
        <identifiers>
          <isin value="US59156RAV06"/>
          <other otherDesc="SEDOL" value="B3Q5R19"/>
        </identifiers>
        <balance>2370000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3192753.49000000</valUSD>
        <pctVal>2.572606351176</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ALLY FINANCIAL INC</name>
        <lei>549300JBN1OSM8YNAI90</lei>
        <title>Ally Financial Inc</title>
        <cusip>02005NBM1</cusip>
        <identifiers>
          <isin value="US02005NBM11"/>
          <other otherDesc="SEDOL" value="BN7N9G1"/>
        </identifiers>
        <balance>960000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>826246.08000000</valUSD>
        <pctVal>0.665759483060</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.70000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BANK OF MONTREAL</name>
        <lei>NQQ6HPCNCCU6TUTQYE16</lei>
        <title>Bank of Montreal</title>
        <cusip>06368LQ58</cusip>
        <identifiers>
          <isin value="US06368LQ586"/>
        </identifiers>
        <balance>645000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>645000.00000000</valUSD>
        <pctVal>0.519717886678</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2084-05-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.70000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CITIGROUP INC</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>Citigroup Inc</title>
        <cusip>172967NB3</cusip>
        <identifiers>
          <isin value="US172967NB34"/>
          <other otherDesc="SEDOL" value="BN72LH3"/>
        </identifiers>
        <balance>300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>271118.19000000</valUSD>
        <pctVal>0.218457322088</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.15000000</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>ENERGY TRANSFER LP</name>
        <lei>MTLVN9N7JE8MIBIJ1H73</lei>
        <title>Energy Transfer LP</title>
        <cusip>29273V605</cusip>
        <identifiers>
          <isin value="US29273V6056"/>
          <ticker value="ET"/>
        </identifiers>
        <balance>144300.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3636360.00000000</valUSD>
        <pctVal>2.930048580469</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CAPITAL ONE FINANCIAL CO</name>
        <lei>ZUE8T73ROZOF6FLBAR73</lei>
        <title>Capital One Financial Corp</title>
        <cusip>14040H824</cusip>
        <identifiers>
          <isin value="US14040H8245"/>
          <ticker value="COF"/>
        </identifiers>
        <balance>13085.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>269027.60000000</valUSD>
        <pctVal>0.216772799581</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WELLS FARGO &amp; COMPANY</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>Wells Fargo &amp; Co</title>
        <cusip>94988U128</cusip>
        <identifiers>
          <isin value="US94988U1280"/>
          <ticker value="WFC"/>
        </identifiers>
        <balance>28000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>581840.00000000</valUSD>
        <pctVal>0.468825821992</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMORGAN CHASE &amp; CO</name>
        <lei>8I5DZWZKVSZI1NUHU748</lei>
        <title>JPMorgan Chase &amp; Co</title>
        <cusip>46625HJW1</cusip>
        <identifiers>
          <isin value="US46625HJW16"/>
          <other otherDesc="SEDOL" value="BKJV4G7"/>
        </identifiers>
        <balance>1300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1301401.53000000</valUSD>
        <pctVal>1.048622717662</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMORGAN CHASE &amp; CO</name>
        <lei>8I5DZWZKVSZI1NUHU748</lei>
        <title>JPMorgan Chase &amp; Co</title>
        <cusip>48128BAN1</cusip>
        <identifiers>
          <isin value="US48128BAN10"/>
          <other otherDesc="SEDOL" value="BNZFNS9"/>
        </identifiers>
        <balance>700000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>652685.95000000</valUSD>
        <pctVal>0.525910949765</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.65000000</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>SCE TRUST II</name>
        <lei>N/A</lei>
        <title>SCE Trust II</title>
        <cusip>78407R204</cusip>
        <identifiers>
          <isin value="US78407R2040"/>
          <ticker value="EIX"/>
        </identifiers>
        <balance>121.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2553.10000000</valUSD>
        <pctVal>0.002057196490</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>STANDARD CHARTERED PLC</name>
        <lei>U4LOSYZ7YG4W3S5F2G91</lei>
        <title>Standard Chartered PLC</title>
        <cusip>853254CM0</cusip>
        <identifiers>
          <isin value="US853254CM07"/>
          <other otherDesc="SEDOL" value="BQB53W8"/>
        </identifiers>
        <balance>1650000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1666542.90000000</valUSD>
        <pctVal>1.342840548910</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KUVARE US HOLDINGS INC</name>
        <lei>254900MGBERNLZXF7O58</lei>
        <title>Kuvare US Holdings Inc</title>
        <cusip>50149XAA2</cusip>
        <identifiers>
          <isin value="US50149XAA28"/>
        </identifiers>
        <balance>700000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>710500.00000000</valUSD>
        <pctVal>0.572495439512</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-02-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HSBC CAPITAL FUNDING USD</name>
        <lei>213800HMY2DB765NHE46</lei>
        <title>HSBC Capital Funding Dollar 1 LP</title>
        <cusip>40427LAB0</cusip>
        <identifiers>
          <isin value="US40427LAB09"/>
          <other otherDesc="SEDOL" value="5949551"/>
        </identifiers>
        <balance>800000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1006598.40000000</valUSD>
        <pctVal>0.811080919662</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.17600000</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>PROVIDENT FINANCING TR I</name>
        <lei>N/A</lei>
        <title>Provident Financing Trust I</title>
        <cusip>743863AA0</cusip>
        <identifiers>
          <isin value="US743863AA09"/>
          <other otherDesc="SEDOL" value="2209270"/>
        </identifiers>
        <balance>4944000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5440702.27000000</valUSD>
        <pctVal>4.383922923740</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.40500000</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>GLOBAL ATLANTIC</name>
        <lei>N/A</lei>
        <title>Global Atlantic Fin Co</title>
        <cusip>37959GAC1</cusip>
        <identifiers>
          <isin value="US37959GAC15"/>
          <other otherDesc="SEDOL" value="BLNB3L8"/>
        </identifiers>
        <balance>1090000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>963082.53000000</valUSD>
        <pctVal>0.776017390990</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.70000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>QWEST CORP</name>
        <lei>549300R2L4N683OO1509</lei>
        <title>Qwest Corp</title>
        <cusip>74913G881</cusip>
        <identifiers>
          <isin value="US74913G8814"/>
          <ticker value="CTL"/>
        </identifiers>
        <balance>19728.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>204776.64000000</valUSD>
        <pctVal>0.165001678421</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ENSTAR FINANCE LLC</name>
        <lei>N/A</lei>
        <title>Enstar Finance LLC</title>
        <cusip>29360AAA8</cusip>
        <identifiers>
          <isin value="US29360AAA88"/>
          <other otherDesc="SEDOL" value="BMW4BX3"/>
        </identifiers>
        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>384469.48000000</valUSD>
        <pctVal>0.309791729671</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TRANSCANADA TRUST</name>
        <lei>549300Y0MFCAXLBWUV51</lei>
        <title>Transcanada Trust</title>
        <cusip>89356BAB4</cusip>
        <identifiers>
          <isin value="US89356BAB45"/>
          <other otherDesc="SEDOL" value="BDGMX78"/>
        </identifiers>
        <balance>1343000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1291375.89000000</valUSD>
        <pctVal>1.040544416214</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2076-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</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>M&amp;T BANK CORPORATION</name>
        <lei>549300WYXDDBYRASEG81</lei>
        <title>M&amp;T Bank Corp</title>
        <cusip>55261F872</cusip>
        <identifiers>
          <isin value="US55261F8721"/>
          <ticker value="MTB"/>
        </identifiers>
        <balance>16600.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>401056.00000000</valUSD>
        <pctVal>0.323156553116</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COBANK ACB</name>
        <lei>P0J8I7M2E0A77CKF1705</lei>
        <title>CoBank ACB</title>
        <cusip>19075Q862</cusip>
        <identifiers>
          <isin value="US19075Q8621"/>
          <ticker value="COBKAC"/>
        </identifiers>
        <balance>9000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>894375.00000000</valUSD>
        <pctVal>0.720655325423</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BANCO MERCANTIL DE NORTE</name>
        <lei>549300QTVYRPFHS0J362</lei>
        <title>Banco Mercantil del Norte SA/Grand Cayman</title>
        <cusip>05973KAB3</cusip>
        <identifiers>
          <isin value="US05973KAB35"/>
          <other otherDesc="SEDOL" value="BLGTTN3"/>
        </identifiers>
        <balance>550000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>482517.75000000</valUSD>
        <pctVal>0.388795512116</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</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>WELLS FARGO &amp; COMPANY</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>Wells Fargo &amp; Co</title>
        <cusip>949746465</cusip>
        <identifiers>
          <isin value="US9497464654"/>
          <ticker value="WFC"/>
        </identifiers>
        <balance>34400.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>857936.00000000</valUSD>
        <pctVal>0.691294085000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KEYCORP</name>
        <lei>RKPI3RZGV1V1FJTH5T61</lei>
        <title>KeyCorp</title>
        <cusip>493267702</cusip>
        <identifiers>
          <isin value="US4932677028"/>
          <ticker value="KEY"/>
        </identifiers>
        <balance>69411.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1631852.61000000</valUSD>
        <pctVal>1.314888356341</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DISCOVER FINANCIAL SVS</name>
        <lei>Z1YLO2USPORE63VVUL20</lei>
        <title>Discover Financial Services</title>
        <cusip>254709AQ1</cusip>
        <identifiers>
          <isin value="US254709AQ15"/>
          <other otherDesc="SEDOL" value="BL57VP4"/>
        </identifiers>
        <balance>610000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>615044.09000000</valUSD>
        <pctVal>0.495580487858</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</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>WELLS FARGO &amp; COMPANY</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>Wells Fargo &amp; Co</title>
        <cusip>95002YAA1</cusip>
        <identifiers>
          <isin value="US95002YAA10"/>
          <other otherDesc="SEDOL" value="BR1W898"/>
        </identifiers>
        <balance>1640000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1739431.56000000</valUSD>
        <pctVal>1.401571619202</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.62500000</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>COMERICA INC</name>
        <lei>I9Q57JVPWHHZ3ZGBW498</lei>
        <title>Comerica Inc</title>
        <cusip>200340AU1</cusip>
        <identifiers>
          <isin value="US200340AU17"/>
          <other otherDesc="SEDOL" value="BMH5P62"/>
        </identifiers>
        <balance>1890000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1813716.01000000</valUSD>
        <pctVal>1.461427367058</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</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>MACQUARIE BANK LONDON</name>
        <lei>549300MPRNPO6FWNKN78</lei>
        <title>Macquarie Bank Ltd/London</title>
        <cusip>556079AB7</cusip>
        <identifiers>
          <isin value="US556079AB79"/>
          <other otherDesc="SEDOL" value="BL9B7W1"/>
        </identifiers>
        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>476828.50000000</valUSD>
        <pctVal>0.384211318338</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SYNCHRONY FINANCIAL</name>
        <lei>549300RS7EWPM9MA6C78</lei>
        <title>Synchrony Financial</title>
        <cusip>87165B400</cusip>
        <identifiers>
          <isin value="US87165B4005"/>
          <ticker value="SYF"/>
        </identifiers>
        <balance>37000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>926850.00000000</valUSD>
        <pctVal>0.746822516694</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ASSURANT INC</name>
        <lei>H3F39CAXWQRVWURFXL38</lei>
        <title>Assurant Inc</title>
        <cusip>04621X306</cusip>
        <identifiers>
          <isin value="US04621X3061"/>
          <ticker value="AIZ"/>
        </identifiers>
        <balance>12894.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>275544.78000000</valUSD>
        <pctVal>0.222024109685</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WINTRUST FINANCIAL CORP</name>
        <lei>Q774KI4AW80FHFW33O61</lei>
        <title>Wintrust Financial Corp</title>
        <cusip>97650W504</cusip>
        <identifiers>
          <isin value="US97650W5040"/>
          <ticker value="WTFC"/>
        </identifiers>
        <balance>33000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>829620.00000000</valUSD>
        <pctVal>0.668478066893</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CITIGROUP INC</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>Citigroup Inc</title>
        <cusip>172967JM4</cusip>
        <identifiers>
          <isin value="US172967JM45"/>
          <other otherDesc="SEDOL" value="BWXV3H1"/>
        </identifiers>
        <balance>430000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>426862.43000000</valUSD>
        <pctVal>0.343950449646</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.95000000</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>PRUDENTIAL FINANCIAL INC</name>
        <lei>5PRBRS5FEH7NREC8OR45</lei>
        <title>Prudential Financial Inc</title>
        <cusip>744320BL5</cusip>
        <identifiers>
          <isin value="US744320BL59"/>
          <other otherDesc="SEDOL" value="BNZGRY6"/>
        </identifiers>
        <balance>275000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>286334.40000000</valUSD>
        <pctVal>0.230717998839</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SOUTHERN CO</name>
        <lei>549300FC3G3YU2FBZD92</lei>
        <title>Southern Co/The</title>
        <cusip>842587DJ3</cusip>
        <identifiers>
          <isin value="US842587DJ36"/>
          <other otherDesc="SEDOL" value="BMFS897"/>
        </identifiers>
        <balance>625000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>587354.56000000</valUSD>
        <pctVal>0.473269256828</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FIFTH THIRD BANCORP</name>
        <lei>THRNG6BD57P9QWTQLG42</lei>
        <title>Fifth Third Bancorp</title>
        <cusip>316773886</cusip>
        <identifiers>
          <isin value="US3167738869"/>
          <ticker value="FITB"/>
        </identifiers>
        <balance>29184.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>721428.48000000</valUSD>
        <pctVal>0.581301217078</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NISOURCE INC</name>
        <lei>549300D8GOWWH0SJB189</lei>
        <title>NiSource Inc</title>
        <cusip>65473P881</cusip>
        <identifiers>
          <isin value="US65473P8813"/>
          <ticker value="NI"/>
        </identifiers>
        <balance>28000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>698880.00000000</valUSD>
        <pctVal>0.563132459910</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AXIS SPECIALTY FINANCE</name>
        <lei>N/A</lei>
        <title>AXIS Specialty Finance LLC</title>
        <cusip>05463HAC5</cusip>
        <identifiers>
          <isin value="US05463HAC51"/>
          <other otherDesc="SEDOL" value="BKKCM65"/>
        </identifiers>
        <balance>610000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>536635.18000000</valUSD>
        <pctVal>0.432401397933</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.90000000</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>STANDARD CHARTERED PLC</name>
        <lei>U4LOSYZ7YG4W3S5F2G91</lei>
        <title>Standard Chartered PLC</title>
        <cusip>853254BX7</cusip>
        <identifiers>
          <isin value="US853254BX70"/>
          <other otherDesc="SEDOL" value="BMF9NP1"/>
        </identifiers>
        <balance>300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>243238.65000000</valUSD>
        <pctVal>0.195992987808</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ACE CAPITAL TRUST II</name>
        <lei>N/A</lei>
        <title>ACE Capital Trust II</title>
        <cusip>00440FAA2</cusip>
        <identifiers>
          <isin value="US00440FAA21"/>
          <other otherDesc="Sedol" value="2582294"/>
        </identifiers>
        <balance>1127000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1324267.83000000</valUSD>
        <pctVal>1.067047562797</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.70000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LIBERTY MUTUAL INSURANCE</name>
        <lei>CNC20I6IOMGF7KY49D67</lei>
        <title>Liberty Mutual Insurance Co</title>
        <cusip>53079QAD9</cusip>
        <identifiers>
          <isin value="US53079QAD97"/>
          <other otherDesc="SEDOL" value="2567376"/>
        </identifiers>
        <balance>1850000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2145863.03000000</valUSD>
        <pctVal>1.729059533416</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2097-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.69700000</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>PNC FINANCIAL SERVICES</name>
        <lei>CFGNEKW0P8842LEUIA51</lei>
        <title>PNC Financial Services Group Inc/The</title>
        <cusip>693475BC8</cusip>
        <identifiers>
          <isin value="US693475BC86"/>
          <other otherDesc="SEDOL" value="BNHXFV8"/>
        </identifiers>
        <balance>275000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>233418.24000000</valUSD>
        <pctVal>0.188080053341</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.40000000</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>PECO ENERGY CAP TRST III</name>
        <lei>N/A</lei>
        <title>PECO Energy Capital Trust III</title>
        <cusip>69331VAA4</cusip>
        <identifiers>
          <isin value="US69331VAA44"/>
        </identifiers>
        <balance>1500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1534374.87000000</valUSD>
        <pctVal>1.236344286526</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.38000000</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>GOLDMAN SACHS GROUP INC</name>
        <lei>784F5XWPLTWKTBV3E584</lei>
        <title>Goldman Sachs Group Inc/The</title>
        <cusip>38148B108</cusip>
        <identifiers>
          <isin value="US38148B1089"/>
          <ticker value="GS"/>
        </identifiers>
        <balance>38932.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>990430.08000000</valUSD>
        <pctVal>0.798053066791</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UBS GROUP AG</name>
        <lei>549300SZJ9VS8SGXAN81</lei>
        <title>UBS Group AG</title>
        <cusip>902613AD0</cusip>
        <identifiers>
          <isin value="US902613AD01"/>
          <other otherDesc="SEDOL" value="BKPCCS2"/>
        </identifiers>
        <balance>475000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>380581.50000000</valUSD>
        <pctVal>0.306658934711</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</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>FIRST CITIZENS BANCSHARE</name>
        <lei>549300N3Z00ZHE2XC526</lei>
        <title>First Citizens BancShares Inc/NC</title>
        <cusip>319626305</cusip>
        <identifiers>
          <isin value="US3196263053"/>
          <ticker value="FCNCA"/>
        </identifiers>
        <balance>13600.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>298520.00000000</valUSD>
        <pctVal>0.240536718653</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LIBERTY MUTUAL GROUP INC</name>
        <lei>QUR0DG15Z6FFGYCHH861</lei>
        <title>Liberty Mutual Group Inc</title>
        <cusip>53079EAN4</cusip>
        <identifiers>
          <isin value="US53079EAN40"/>
          <other otherDesc="SEDOL" value="B1VX855"/>
        </identifiers>
        <balance>3054000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3116399.33000000</valUSD>
        <pctVal>2.511082905169</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.80000000</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>ATHENE HOLDING LTD</name>
        <lei>549300H316CT32FQXI76</lei>
        <title>Athene Holding Ltd</title>
        <cusip>04686J838</cusip>
        <identifiers>
          <isin value="US04686J8383"/>
          <ticker value="ATH"/>
        </identifiers>
        <balance>26440.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>661000.00000000</valUSD>
        <pctVal>0.532610113325</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ALLY FINANCIAL INC</name>
        <lei>549300JBN1OSM8YNAI90</lei>
        <title>ALLY FINANCIAL INC</title>
        <cusip>02005NBN9</cusip>
        <identifiers>
          <isin value="US02005NBN93"/>
          <other otherDesc="SEDOL" value="BN0ZM87"/>
        </identifiers>
        <balance>650000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>511875.00000000</valUSD>
        <pctVal>0.412450532160</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.70000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PNC FINANCIAL SERVICES</name>
        <lei>CFGNEKW0P8842LEUIA51</lei>
        <title>PNC Financial Services Group Inc/The</title>
        <cusip>693475BD6</cusip>
        <identifiers>
          <isin value="US693475BD69"/>
          <other otherDesc="SEDOL" value="BMF2521"/>
        </identifiers>
        <balance>1770000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1714611.57000000</valUSD>
        <pctVal>1.381572560674</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CITIGROUP INC</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>Citigroup Inc</title>
        <cusip>172967PC9</cusip>
        <identifiers>
          <isin value="US172967PC98"/>
          <ticker value="C"/>
          <other otherDesc="SEDOL" value="BQT56G5"/>
        </identifiers>
        <balance>1200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1230157.20000000</valUSD>
        <pctVal>0.991216589560</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.37500000</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>FIRST HORIZON CORP</name>
        <lei>TF3RXI1ZB1TQ30H9JV10</lei>
        <title>First Horizon Corp</title>
        <cusip>320517402</cusip>
        <identifiers>
          <isin value="US3205174028"/>
          <ticker value="FHN"/>
        </identifiers>
        <balance>14500.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>358440.00000000</valUSD>
        <pctVal>0.288818107443</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMORGAN CHASE &amp; CO</name>
        <lei>8I5DZWZKVSZI1NUHU748</lei>
        <title>JPMorgan Chase &amp; Co</title>
        <cusip>46625HJQ4</cusip>
        <identifiers>
          <isin value="US46625HJQ48"/>
          <other otherDesc="SEDOL" value="BJ3Q687"/>
        </identifiers>
        <balance>4260000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4285968.96000000</valUSD>
        <pctVal>3.453480201956</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.34804000</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>BANK OF AMERICA CORP</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
        <title>Bank of America Corp</title>
        <cusip>060505EU4</cusip>
        <identifiers>
          <isin value="US060505EU46"/>
          <other otherDesc="SEDOL" value="BDB49M6"/>
        </identifiers>
        <balance>300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>302146.58000000</valUSD>
        <pctVal>0.243458886860</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.30000000</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>BANCO MERCANTIL DE NORTE</name>
        <lei>549300QTVYRPFHS0J362</lei>
        <title>Banco Mercantil del Norte SA/Grand Cayman</title>
        <cusip>05962GAJ8</cusip>
        <identifiers>
          <isin value="US05962GAJ85"/>
          <other otherDesc="SEDOL" value="BYVX878"/>
        </identifiers>
        <balance>490000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>479303.30000000</valUSD>
        <pctVal>0.386205423494</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.62500000</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>M&amp;T BANK CORPORATION</name>
        <lei>549300WYXDDBYRASEG81</lei>
        <title>M&amp;T Bank Corp</title>
        <cusip>55261FAH7</cusip>
        <identifiers>
          <isin value="US55261FAH73"/>
          <other otherDesc="SEDOL" value="BF0BYS3"/>
        </identifiers>
        <balance>305000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>267637.50000000</valUSD>
        <pctVal>0.215652706815</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</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>STIFEL FINANCIAL CORP</name>
        <lei>549300E5F07FE5GHJX84</lei>
        <title>Stifel Financial Corp</title>
        <cusip>860630862</cusip>
        <identifiers>
          <isin value="US8606308620"/>
          <ticker value="SF"/>
        </identifiers>
        <balance>16000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>291200.00000000</valUSD>
        <pctVal>0.234638524962</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WELLS FARGO &amp; COMPANY</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>Wells Fargo &amp; Co</title>
        <cusip>95002Y400</cusip>
        <identifiers>
          <isin value="US95002Y4008"/>
          <ticker value="WFC"/>
        </identifiers>
        <balance>36000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>681840.00000000</valUSD>
        <pctVal>0.549402238531</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ENERGY TRANSFER LP</name>
        <lei>MTLVN9N7JE8MIBIJ1H73</lei>
        <title>Energy Transfer LP</title>
        <cusip>29273VAM2</cusip>
        <identifiers>
          <isin value="US29273VAM28"/>
          <other otherDesc="SEDOL" value="BMHR7W8"/>
        </identifiers>
        <balance>1025000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>990529.66000000</valUSD>
        <pctVal>0.798133304787</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.12500000</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>AERCAP HOLDINGS NV</name>
        <lei>549300SZYINBBLJQU475</lei>
        <title>AerCap Holdings NV</title>
        <cusip>00774YAA7</cusip>
        <identifiers>
          <isin value="US00774YAA73"/>
          <other otherDesc="SEDOL" value="BKQQYG5"/>
        </identifiers>
        <balance>1960000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1942045.58000000</valUSD>
        <pctVal>1.564830735924</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2079-10-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</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>KKR REAL ESTATE FIN</name>
        <lei>549300K23AYZDZ2REL62</lei>
        <title>KKR Real Estate Finance Trust Inc</title>
        <cusip>48251K209</cusip>
        <identifiers>
          <isin value="US48251K2096"/>
          <ticker value="KREF"/>
        </identifiers>
        <balance>61284.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1124561.40000000</valUSD>
        <pctVal>0.906131277904</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AERCAP GLOBAL AVIATION T</name>
        <lei>635400FBSV8LXXNRV758</lei>
        <title>AerCap Global Aviation Trust</title>
        <cusip>00773HAA5</cusip>
        <identifiers>
          <isin value="US00773HAA59"/>
          <other otherDesc="SEDOL" value="BYP0JP0"/>
        </identifiers>
        <balance>419000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>416103.49000000</valUSD>
        <pctVal>0.335281281337</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FIRST HORIZON BANK</name>
        <lei>COOWI3L2W9TPYR3WJX37</lei>
        <title>First Horizon Bank</title>
        <cusip>337158208</cusip>
        <identifiers>
          <isin value="US3371582087"/>
          <ticker value="FHN"/>
        </identifiers>
        <balance>750.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>468750.00000000</valUSD>
        <pctVal>0.377701952528</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ARCH CAPITAL GROUP LTD</name>
        <lei>549300AYR4P8AFKDCE43</lei>
        <title>Arch Capital Group Ltd</title>
        <cusip>03939A107</cusip>
        <identifiers>
          <isin value="US03939A1079"/>
          <ticker value="ACGL"/>
        </identifiers>
        <balance>9900.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>237699.00000000</valUSD>
        <pctVal>0.191529336349</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CREDIT AGRICOLE SA</name>
        <lei>969500TJ5KRTCJQWXH05</lei>
        <title>Credit Agricole SA</title>
        <cusip>225313AP0</cusip>
        <identifiers>
          <isin value="US225313AP06"/>
          <other otherDesc="SEDOL" value="BNYLJX5"/>
        </identifiers>
        <balance>330000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>284730.17000000</valUSD>
        <pctVal>0.229425367792</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>M&amp;T BANK CORPORATION</name>
        <lei>549300WYXDDBYRASEG81</lei>
        <title>M&amp;T Bank Corp</title>
        <cusip>55261FAG9</cusip>
        <identifiers>
          <isin value="US55261FAG90"/>
          <other otherDesc="SEDOL" value="BJT80T6"/>
        </identifiers>
        <balance>2240000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2253030.95000000</valUSD>
        <pctVal>1.815411603032</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.17860000</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>CAPITAL ONE FINANCIAL CO</name>
        <lei>ZUE8T73ROZOF6FLBAR73</lei>
        <title>Capital One Financial Corp</title>
        <cusip>14040HCF0</cusip>
        <identifiers>
          <isin value="US14040HCF01"/>
          <other otherDesc="SEDOL" value="BMCQHF3"/>
        </identifiers>
        <balance>820000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>723559.80000000</valUSD>
        <pctVal>0.583018558359</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.95000000</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>CONNECTONE BANCORP INC</name>
        <lei>549300E2M5ZYAZKUK134</lei>
        <title>ConnectOne Bancorp Inc</title>
        <cusip>20786W503</cusip>
        <identifiers>
          <isin value="US20786W5031"/>
          <ticker value="CNOB"/>
        </identifiers>
        <balance>32800.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>626480.00000000</valUSD>
        <pctVal>0.504795134335</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BANCO MERCANTIL DE NORTE</name>
        <lei>549300QTVYRPFHS0J362</lei>
        <title>Banco Mercantil del Norte SA/Grand Cayman</title>
        <cusip>05971PAB4</cusip>
        <identifiers>
          <isin value="US05971PAB40"/>
          <other otherDesc="SEDOL" value="BK5VM23"/>
        </identifiers>
        <balance>420000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>411916.18000000</valUSD>
        <pctVal>0.331907296989</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AMERICAN EXPRESS CO</name>
        <lei>R4PP93JZOLY261QX3811</lei>
        <title>American Express Co</title>
        <cusip>025816CH0</cusip>
        <identifiers>
          <isin value="US025816CH00"/>
          <other otherDesc="SEDOL" value="BNHQ2Q1"/>
        </identifiers>
        <balance>550000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>497597.32000000</valUSD>
        <pctVal>0.400946089251</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.55000000</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>GENERAL MOTORS FINL CO</name>
        <lei>5493008B6JBRUJ90QL97</lei>
        <title>General Motors Financial Co Inc</title>
        <cusip>37045XDB9</cusip>
        <identifiers>
          <isin value="US37045XDB91"/>
          <other otherDesc="SEDOL" value="BLNPMQ8"/>
        </identifiers>
        <balance>550000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>517125.35000000</valUSD>
        <pctVal>0.416681076046</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.70000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BARCLAYS PLC</name>
        <lei>213800LBQA1Y9L22JB70</lei>
        <title>Barclays PLC</title>
        <cusip>06738EBN4</cusip>
        <identifiers>
          <isin value="US06738EBN40"/>
          <other otherDesc="SEDOL" value="BMF3VZ9"/>
        </identifiers>
        <balance>1480000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1410923.37000000</valUSD>
        <pctVal>1.136871491662</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</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>SBL HOLDINGS INC</name>
        <lei>635400MJW3QDSBJRKQ59</lei>
        <title>SBL Holdings Inc</title>
        <cusip>78397DAA6</cusip>
        <identifiers>
          <isin value="US78397DAA63"/>
          <other otherDesc="SEDOL" value="BK8ZZ56"/>
        </identifiers>
        <balance>910000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>671125.00000000</valUSD>
        <pctVal>0.540768475499</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LEHMAN BROS HLDG-ESCROW</name>
        <lei>N/A</lei>
        <title>LEHMAN BROS HLDG-ESCROW</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="INTERNAL" value="524ESC886"/>
        </identifiers>
        <balance>45800.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BANCO BILBAO VIZCAYA ARG</name>
        <lei>K8MS7FD7N5Z2WQ51AZ71</lei>
        <title>Banco Bilbao Vizcaya Argentaria SA</title>
        <cusip>05946KAM3</cusip>
        <identifiers>
          <isin value="US05946KAM36"/>
          <other otherDesc="SEDOL" value="BN4L6X4"/>
        </identifiers>
        <balance>1400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1480836.00000000</valUSD>
        <pctVal>1.193204583624</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.37500000</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>CITIGROUP INC</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>Citigroup Inc</title>
        <cusip>172967MU2</cusip>
        <identifiers>
          <isin value="US172967MU24"/>
          <other otherDesc="SEDOL" value="BM9GMM8"/>
        </identifiers>
        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>189790.06000000</valUSD>
        <pctVal>0.152926029295</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COBANK ACB</name>
        <lei>P0J8I7M2E0A77CKF1705</lei>
        <title>CoBank ACB</title>
        <cusip>19075QAC6</cusip>
        <identifiers>
          <isin value="US19075QAC69"/>
          <other otherDesc="SEDOL" value="BYQ9LK5"/>
        </identifiers>
        <balance>415000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>405662.50000000</valUSD>
        <pctVal>0.326868305743</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>APOLLO GLOBAL MANAGEMENT</name>
        <lei>N/A</lei>
        <title>Apollo Global Management Inc</title>
        <cusip>03769M205</cusip>
        <identifiers>
          <isin value="US03769M2052"/>
          <ticker value="APO"/>
        </identifiers>
        <balance>32680.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>874190.00000000</valUSD>
        <pctVal>0.704390975745</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DIME COMMUNITY BANCSHARE</name>
        <lei>0002487650</lei>
        <title>Dime Community Bancshares Inc</title>
        <cusip>25432X201</cusip>
        <identifiers>
          <isin value="US25432X2018"/>
          <ticker value="DCOM"/>
        </identifiers>
        <balance>27000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>451980.00000000</valUSD>
        <pctVal>0.364189287474</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SOCIETE GENERALE</name>
        <lei>O2RNE8IBXP4R0TD8PU41</lei>
        <title>Societe Generale SA</title>
        <cusip>83370RAA6</cusip>
        <identifiers>
          <isin value="US83370RAA68"/>
          <other otherDesc="SEDOL" value="BM91ZQ8"/>
        </identifiers>
        <balance>700000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>566454.63000000</valUSD>
        <pctVal>0.456428842175</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</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>BNP PARIBAS</name>
        <lei>R0MUWSFPU8MPRO8K5P83</lei>
        <title>BNP Paribas SA</title>
        <cusip>05565ASK0</cusip>
        <identifiers>
          <isin value="US05565ASK06"/>
          <other otherDesc="SEDOL" value="BMW2YP0"/>
        </identifiers>
        <balance>325000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>260970.74000000</valUSD>
        <pctVal>0.210280870508</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</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>TPG RE FINANCE TRUST INC</name>
        <lei>N/A</lei>
        <title>TPG RE Finance Trust Inc</title>
        <cusip>87266M206</cusip>
        <identifiers>
          <isin value="US87266M2061"/>
          <ticker value="TRTX"/>
        </identifiers>
        <balance>20500.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>335585.00000000</valUSD>
        <pctVal>0.270402367443</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CITIGROUP INC</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>Citigroup Inc</title>
        <cusip>172967MV0</cusip>
        <identifiers>
          <isin value="US172967MV07"/>
          <other otherDesc="SEDOL" value="BMC9RY1"/>
        </identifiers>
        <balance>425000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>400298.70000000</valUSD>
        <pctVal>0.322546347913</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</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>LAND O'LAKES INC</name>
        <lei>4ONCJWH5BBCYSJIJYX61</lei>
        <title>Land O' Lakes Inc</title>
        <cusip>514666AM8</cusip>
        <identifiers>
          <isin value="US514666AM82"/>
          <other otherDesc="SEDOL" value="BD4H0Q3"/>
        </identifiers>
        <balance>240000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>193800.00000000</valUSD>
        <pctVal>0.156157095253</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LLOYDS BANKING GROUP PLC</name>
        <lei>549300PPXHEU2JF0AM85</lei>
        <title>Lloyds Banking Group PLC</title>
        <cusip>53944YAV5</cusip>
        <identifiers>
          <isin value="US53944YAV56"/>
          <other otherDesc="SEDOL" value="BNHN7R8"/>
        </identifiers>
        <balance>1650000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1628487.63000000</valUSD>
        <pctVal>1.312176976040</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CADENCE BANK</name>
        <lei>Q7C315HKI8VX0SSKBS64</lei>
        <title>Cadence Bank</title>
        <cusip>12740C202</cusip>
        <identifiers>
          <isin value="US12740C2026"/>
          <ticker value="CADE"/>
        </identifiers>
        <balance>18800.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>393296.00000000</valUSD>
        <pctVal>0.316903823192</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MORGAN STANLEY</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley</title>
        <cusip>61762V200</cusip>
        <identifiers>
          <isin value="US61762V2007"/>
          <ticker value="MS"/>
        </identifiers>
        <balance>48267.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1227429.81000000</valUSD>
        <pctVal>0.989018956433</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LEHMAN BROS HLDG-ESCROW</name>
        <lei>N/A</lei>
        <title>LEHMAN BROS HLDG-ESCROW</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal" value="524ESC704"/>
        </identifiers>
        <balance>9500.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BANCO SANTANDER SA</name>
        <lei>5493006QMFDDMYWIAM13</lei>
        <title>Banco Santander SA</title>
        <cusip>05971KAQ2</cusip>
        <identifiers>
          <isin value="US05971KAQ22"/>
          <other otherDesc="SEDOL" value="BLFB1P6"/>
        </identifiers>
        <balance>1200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1288161.60000000</valUSD>
        <pctVal>1.037954456515</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.62500000</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>KEYCORP</name>
        <lei>RKPI3RZGV1V1FJTH5T61</lei>
        <title>KeyCorp</title>
        <cusip>493267843</cusip>
        <identifiers>
          <isin value="US4932678430"/>
          <ticker value="KEY"/>
        </identifiers>
        <balance>25000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>571250.00000000</valUSD>
        <pctVal>0.460292779480</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VALLEY NATIONAL BANCORP</name>
        <lei>549300ET52S1UBIB9762</lei>
        <title>Valley National Bancorp</title>
        <cusip>919794305</cusip>
        <identifiers>
          <isin value="US9197943056"/>
          <ticker value="VLY"/>
        </identifiers>
        <balance>18528.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>444301.44000000</valUSD>
        <pctVal>0.358002178984</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>APOLLO MANAGEMENT HOLDIN</name>
        <lei>5493006XQW0V5K38YM64</lei>
        <title>Apollo Management Holdings LP</title>
        <cusip>03765HAE1</cusip>
        <identifiers>
          <isin value="US03765HAE18"/>
          <other otherDesc="SEDOL" value="BJVS9D1"/>
        </identifiers>
        <balance>300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>279894.75000000</valUSD>
        <pctVal>0.225529159631</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-01-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.95000000</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>TRUIST FINANCIAL CORP</name>
        <lei>549300DRQQI75D2JP341</lei>
        <title>Truist Financial Corp</title>
        <cusip>89832QAE9</cusip>
        <identifiers>
          <isin value="US89832QAE98"/>
          <other otherDesc="SEDOL" value="BMX3601"/>
        </identifiers>
        <balance>825000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>804304.13000000</valUSD>
        <pctVal>0.648079446031</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.95000000</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>AMER AGCREDIT ACA</name>
        <lei>0002558989</lei>
        <title>American AgCredit Corp</title>
        <cusip>02369GAA3</cusip>
        <identifiers>
          <isin value="US02369GAA31"/>
        </identifiers>
        <balance>450000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>423000.00000000</valUSD>
        <pctVal>0.340838241961</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SOCIETE GENERALE</name>
        <lei>O2RNE8IBXP4R0TD8PU41</lei>
        <title>Societe Generale SA</title>
        <cusip>83370RAB4</cusip>
        <identifiers>
          <isin value="US83370RAB42"/>
          <other otherDesc="SEDOL" value="BLNPKQ4"/>
        </identifiers>
        <balance>700000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>618430.05000000</valUSD>
        <pctVal>0.498308773092</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PRUDENTIAL FINANCIAL INC</name>
        <lei>5PRBRS5FEH7NREC8OR45</lei>
        <title>Prudential Financial Inc</title>
        <cusip>744320BK7</cusip>
        <identifiers>
          <isin value="US744320BK76"/>
          <other otherDesc="SEDOL" value="BPH2N04"/>
        </identifiers>
        <balance>725000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>724137.47000000</valUSD>
        <pctVal>0.583484024144</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DEUTSCHE BANK AG</name>
        <lei>7LTWFZYICNSX8D621K86</lei>
        <title>Deutsche Bank AG</title>
        <cusip>251525AX9</cusip>
        <identifiers>
          <isin value="US251525AX97"/>
          <other otherDesc="SEDOL" value="BLF2HX9"/>
        </identifiers>
        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>354360.00000000</valUSD>
        <pctVal>0.285530589648</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>STIFEL FINANCIAL CORP</name>
        <lei>549300E5F07FE5GHJX84</lei>
        <title>Stifel Financial Corp</title>
        <cusip>860630706</cusip>
        <identifiers>
          <isin value="US8606307069"/>
          <ticker value="SF"/>
        </identifiers>
        <balance>20000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>491400.00000000</valUSD>
        <pctVal>0.395952510874</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BARCLAYS PLC</name>
        <lei>213800LBQA1Y9L22JB70</lei>
        <title>Barclays PLC</title>
        <cusip>06738EBT1</cusip>
        <identifiers>
          <isin value="US06738EBT10"/>
          <other otherDesc="SEDOL" value="BNVY357"/>
        </identifiers>
        <balance>325000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>256127.59000000</valUSD>
        <pctVal>0.206378433790</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</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>EQUITABLE HOLDINGS INC</name>
        <lei>549300FIBAKMNHPZ4009</lei>
        <title>Equitable Holdings Inc</title>
        <cusip>29452EAA9</cusip>
        <identifiers>
          <isin value="US29452EAA91"/>
          <other otherDesc="SEDOL" value="BMFM6G2"/>
        </identifiers>
        <balance>110000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>106929.46000000</valUSD>
        <pctVal>0.086159927092</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.95000000</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>WELLS FARGO &amp; COMPANY</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>Wells Fargo &amp; Co</title>
        <cusip>949746TD3</cusip>
        <identifiers>
          <isin value="US949746TD35"/>
          <other otherDesc="SEDOL" value="BMDJ3N1"/>
        </identifiers>
        <balance>650000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>612018.62000000</valUSD>
        <pctVal>0.493142672549</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.90000000</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>COMED FINANCING III</name>
        <lei>N/A</lei>
        <title>ComEd Financing III</title>
        <cusip>20035AAA2</cusip>
        <identifiers>
          <isin value="US20035AAA25"/>
          <other otherDesc="SEDOL" value="B1HDN09"/>
        </identifiers>
        <balance>2102000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2093229.36000000</valUSD>
        <pctVal>1.686649208237</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.35000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WESBANCO INC</name>
        <lei>0001070448</lei>
        <title>WesBanco Inc</title>
        <cusip>950810705</cusip>
        <identifiers>
          <isin value="US9508107052"/>
          <ticker value="WSBC"/>
        </identifiers>
        <balance>33900.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>806820.00000000</valUSD>
        <pctVal>0.650106643922</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NEXTERA ENERGY CAPITAL</name>
        <lei>UMI46YPGBLUE4VGNNT48</lei>
        <title>NextEra Energy Capital Holdings Inc</title>
        <cusip>302570AX4</cusip>
        <identifiers>
          <isin value="US302570AX43"/>
          <other otherDesc="SEDOL" value="B1YN7L1"/>
        </identifiers>
        <balance>293000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>279036.20000000</valUSD>
        <pctVal>0.224837370807</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2067-06-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.77124000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMORGAN CHASE &amp; CO</name>
        <lei>8I5DZWZKVSZI1NUHU748</lei>
        <title>JPMorgan Chase &amp; Co</title>
        <cusip>48126HAA8</cusip>
        <identifiers>
          <isin value="US48126HAA86"/>
          <other otherDesc="SEDOL" value="BCFQYL5"/>
        </identifiers>
        <balance>300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>302000.40000000</valUSD>
        <pctVal>0.243341100254</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.86804000</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>ENERGY TRANSFER LP</name>
        <lei>MTLVN9N7JE8MIBIJ1H73</lei>
        <title>Energy Transfer LP</title>
        <cusip>29273VAX8</cusip>
        <identifiers>
          <isin value="US29273VAX82"/>
          <other otherDesc="SEDOL" value="BRF20T8"/>
        </identifiers>
        <balance>750000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>779891.25000000</valUSD>
        <pctVal>0.628408422153</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COMPEER FINANCIAL ACA</name>
        <lei>54930020HTACTODKHT04</lei>
        <title>Compeer Financial ACA</title>
        <cusip>20453QAA0</cusip>
        <identifiers>
          <isin value="US20453QAA04"/>
        </identifiers>
        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>238750.00000000</valUSD>
        <pctVal>0.192376194487</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</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>METLIFE INC</name>
        <lei>C4BXATY60WC6XEOZDX54</lei>
        <title>MetLife Inc</title>
        <cusip>59156RBS6</cusip>
        <identifiers>
          <isin value="US59156RBS67"/>
          <other otherDesc="SEDOL" value="BDFBTL2"/>
        </identifiers>
        <balance>3350000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3825746.90000000</valUSD>
        <pctVal>3.082649757884</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-04-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AMERICAN ELECTRIC POWER</name>
        <lei>1B4S6S7G0TW5EE83BO58</lei>
        <title>American Electric Power Co Inc</title>
        <cusip>025537AU5</cusip>
        <identifiers>
          <isin value="US025537AU52"/>
          <other otherDesc="SEDOL" value="BNM6HZ0"/>
        </identifiers>
        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>178906.98000000</valUSD>
        <pctVal>0.144156833422</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2062-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</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>ENBRIDGE INC</name>
        <lei>98TPTUM4IVMFCZBCUR27</lei>
        <title>Enbridge Inc</title>
        <cusip>29250NBT1</cusip>
        <identifiers>
          <isin value="US29250NBT19"/>
          <other otherDesc="SEDOL" value="BKPJR88"/>
        </identifiers>
        <balance>680000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>726796.92000000</valUSD>
        <pctVal>0.585626913654</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2084-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BNP PARIBAS</name>
        <lei>R0MUWSFPU8MPRO8K5P83</lei>
        <title>BNP Paribas SA</title>
        <cusip>05565AM34</cusip>
        <identifiers>
          <isin value="US05565AM341"/>
          <other otherDesc="SEDOL" value="BNBVCW8"/>
        </identifiers>
        <balance>660000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>666280.56000000</valUSD>
        <pctVal>0.536864999346</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ATHENE HOLDING LTD</name>
        <lei>549300H316CT32FQXI76</lei>
        <title>Athene Holding Ltd</title>
        <cusip>04686J309</cusip>
        <identifiers>
          <isin value="US04686J3095"/>
          <ticker value="ATH"/>
        </identifiers>
        <balance>8786.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>220177.16000000</valUSD>
        <pctVal>0.177410865566</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>REGIONS FINANCIAL CORP</name>
        <lei>CW05CS5KW59QTC0DG824</lei>
        <title>Regions Financial Corp</title>
        <cusip>7591EPAR1</cusip>
        <identifiers>
          <isin value="US7591EPAR12"/>
          <other otherDesc="SEDOL" value="BM9SDM1"/>
        </identifiers>
        <balance>175000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>170592.50000000</valUSD>
        <pctVal>0.137457323384</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SYNOVUS FINANCIAL CORP</name>
        <lei>549300EIUS8UN5JTLE54</lei>
        <title>Synovus Financial Corp</title>
        <cusip>87161C709</cusip>
        <identifiers>
          <isin value="US87161C7092"/>
          <ticker value="SNV"/>
        </identifiers>
        <balance>63135.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1584688.50000000</valUSD>
        <pctVal>1.276885206611</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PNC FINANCIAL SERVICES</name>
        <lei>CFGNEKW0P8842LEUIA51</lei>
        <title>PNC Financial Services Group Inc/The</title>
        <cusip>693475BF1</cusip>
        <identifiers>
          <isin value="US693475BF18"/>
          <other otherDesc="SEDOL" value="BPLHNP0"/>
        </identifiers>
        <balance>520000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>512951.35000000</valUSD>
        <pctVal>0.413317816420</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.20000000</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>HUNTINGTON BANCSHARES</name>
        <lei>549300XTVCVV9I7B5T19</lei>
        <title>Huntington Bancshares Inc/OH</title>
        <cusip>446150AT1</cusip>
        <identifiers>
          <isin value="US446150AT18"/>
          <other otherDesc="SEDOL" value="BMXXNK0"/>
        </identifiers>
        <balance>825000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>750750.00000000</valUSD>
        <pctVal>0.604927447169</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</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>FT REAL ESTATE SECS CO</name>
        <lei>0002671824</lei>
        <title>FT Real Estate Securities Co Inc</title>
        <cusip>302663208</cusip>
        <identifiers>
          <isin value="US3026632089"/>
          <ticker value="FHN"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1170000.00000000</valUSD>
        <pctVal>0.942744073510</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NY COMMUNITY BANCORP INC</name>
        <lei>529900HVXOTLY61GL030</lei>
        <title>New York Community Bancorp Inc</title>
        <cusip>649445202</cusip>
        <identifiers>
          <isin value="US6494452021"/>
          <ticker value="NYCB"/>
        </identifiers>
        <balance>162500.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3095625.00000000</valUSD>
        <pctVal>2.494343694495</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BANK OF AMERICA CORP</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
        <title>Bank of America Corp</title>
        <cusip>060505FL3</cusip>
        <identifiers>
          <isin value="US060505FL38"/>
          <other otherDesc="SEDOL" value="BF28VZ8"/>
        </identifiers>
        <balance>1710000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1659051.58000000</valUSD>
        <pctVal>1.336804311703</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</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>ENSTAR GROUP LTD</name>
        <lei>213800AMAL5QFXVUCN04</lei>
        <title>Enstar Group Ltd</title>
        <cusip>29359U109</cusip>
        <identifiers>
          <isin value="US29359U1097"/>
          <ticker value="ESGR"/>
        </identifiers>
        <balance>42000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1065960.00000000</valUSD>
        <pctVal>0.858912369742</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UBS GROUP AG</name>
        <lei>549300SZJ9VS8SGXAN81</lei>
        <title>UBS Group AG</title>
        <cusip>902613BE7</cusip>
        <identifiers>
          <isin value="US902613BE74"/>
          <other otherDesc="SEDOL" value="BMGC0G9"/>
        </identifiers>
        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>221473.20000000</valUSD>
        <pctVal>0.178455168155</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BARCLAYS PLC</name>
        <lei>213800LBQA1Y9L22JB70</lei>
        <title>Barclays PLC</title>
        <cusip>06738EBX2</cusip>
        <identifiers>
          <isin value="US06738EBX22"/>
          <other otherDesc="SEDOL" value="BNYNTB9"/>
        </identifiers>
        <balance>330000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>325076.17000000</valUSD>
        <pctVal>0.261934728809</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LAND O'LAKES INC</name>
        <lei>4ONCJWH5BBCYSJIJYX61</lei>
        <title>Land O' Lakes Inc</title>
        <cusip>514666AK2</cusip>
        <identifiers>
          <isin value="US514666AK27"/>
          <other otherDesc="SEDOL" value="BFXX602"/>
        </identifiers>
        <balance>3630000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3126337.50000000</valUSD>
        <pctVal>2.519090726425</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BANCO BILBAO VIZCAYA ARG</name>
        <lei>K8MS7FD7N5Z2WQ51AZ71</lei>
        <title>Banco Bilbao Vizcaya Argentaria SA</title>
        <cusip>05946KAF8</cusip>
        <identifiers>
          <isin value="US05946KAF84"/>
          <other otherDesc="SEDOL" value="BD5W7S8"/>
        </identifiers>
        <balance>2200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1989811.12000000</valUSD>
        <pctVal>1.603318496397</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</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>METLIFE CAPITAL TRUST IV</name>
        <lei>0004254959</lei>
        <title>MetLife Capital Trust IV</title>
        <cusip>591560AA5</cusip>
        <identifiers>
          <isin value="US591560AA57"/>
          <other otherDesc="SEDOL" value="B29W497"/>
        </identifiers>
        <balance>350000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>375519.55000000</valUSD>
        <pctVal>0.302580196794</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.87500000</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>WAFD INC</name>
        <lei>0003065617</lei>
        <title>WaFd Inc</title>
        <cusip>938824307</cusip>
        <identifiers>
          <isin value="US9388243076"/>
          <ticker value="WAFD"/>
        </identifiers>
        <balance>17000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>268770.00000000</valUSD>
        <pctVal>0.216565234732</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BALTA GROUP NV</name>
        <lei>N/A</lei>
        <title>LEHMAN BROS HLDG-ESCROW</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal" value="524ESC720"/>
        </identifiers>
        <balance>25000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SBL HOLDINGS INC</name>
        <lei>635400MJW3QDSBJRKQ59</lei>
        <title>SBL Holdings Inc</title>
        <cusip>78397DAC2</cusip>
        <identifiers>
          <isin value="US78397DAC20"/>
          <other otherDesc="SEDOL" value="BMFC576"/>
        </identifiers>
        <balance>1025000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>723173.40000000</valUSD>
        <pctVal>0.582707211085</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BANK OF AMERICA CORP</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
        <title>Bank of America Corp</title>
        <cusip>06055HAB9</cusip>
        <identifiers>
          <isin value="US06055HAB96"/>
          <other otherDesc="SEDOL" value="BPNXQ46"/>
        </identifiers>
        <balance>1550000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1552572.07000000</valUSD>
        <pctVal>1.251006938196</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</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>BlackRock Liquidity Funds T-Fund</name>
        <lei>5493002L9DNZ83RX7V61</lei>
        <title>BlackRock Liquidity Funds T-Fund</title>
        <cusip>09248U718</cusip>
        <identifiers>
          <isin value="US09248U7182"/>
          <ticker value="TSTXX"/>
        </identifiers>
        <balance>7485792.97000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7485792.97000000</valUSD>
        <pctVal>6.031783724779</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TPG OPERATING GROUP II</name>
        <lei>2549001H9RJQNZT7MU11</lei>
        <title>TPG Operating Group II LP</title>
        <cusip>872652102</cusip>
        <identifiers>
          <isin value="US8726521029"/>
          <ticker value="TPG"/>
        </identifiers>
        <balance>21880.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>553235.80000000</valUSD>
        <pctVal>0.445777582652</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GOLDMAN SACHS GROUP INC</name>
        <lei>784F5XWPLTWKTBV3E584</lei>
        <title>Goldman Sachs Group Inc/The</title>
        <cusip>38148BAE8</cusip>
        <identifiers>
          <isin value="US38148BAE83"/>
          <other otherDesc="SEDOL" value="BK6Q153"/>
        </identifiers>
        <balance>560000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>555383.64000000</valUSD>
        <pctVal>0.447508235157</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GOLDMAN SACHS GROUP INC</name>
        <lei>784F5XWPLTWKTBV3E584</lei>
        <title>Goldman Sachs Group Inc/The</title>
        <cusip>38144GAB7</cusip>
        <identifiers>
          <isin value="US38144GAB77"/>
          <other otherDesc="SEDOL" value="BJRCCB6"/>
        </identifiers>
        <balance>225000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>220726.22000000</valUSD>
        <pctVal>0.177853278438</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.95000000</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>AMERICAN EQUITY INVESTME</name>
        <lei>549300RK5RZQ740FPL83</lei>
        <title>American Equity Investment Life Holding Co</title>
        <cusip>025676503</cusip>
        <identifiers>
          <isin value="US0256765035"/>
          <ticker value="AEL"/>
        </identifiers>
        <balance>47000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1119070.00000000</valUSD>
        <pctVal>0.901706504566</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SOCIETE GENERALE</name>
        <lei>O2RNE8IBXP4R0TD8PU41</lei>
        <title>Societe Generale SA</title>
        <cusip>83367TBU2</cusip>
        <identifiers>
          <isin value="US83367TBU25"/>
          <other otherDesc="SEDOL" value="BF1B9J8"/>
        </identifiers>
        <balance>300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>265188.87000000</valUSD>
        <pctVal>0.213679688507</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>REGIONS FINANCIAL CORP</name>
        <lei>CW05CS5KW59QTC0DG824</lei>
        <title>Regions Financial Corp</title>
        <cusip>7591EP704</cusip>
        <identifiers>
          <isin value="US7591EP7044"/>
          <ticker value="RF"/>
        </identifiers>
        <balance>111980.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2599055.80000000</valUSD>
        <pctVal>2.094226027497</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ANNALY CAPITAL MGMT</name>
        <lei>2DTL0G3FPRYUT58TI025</lei>
        <title>Annaly Capital Management Inc</title>
        <cusip>035710870</cusip>
        <identifiers>
          <isin value="US0357108705"/>
          <ticker value="NLY"/>
        </identifiers>
        <balance>3110.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>78061.00000000</valUSD>
        <pctVal>0.062898756514</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ALGONQUIN PWR &amp; UTILITY</name>
        <lei>549300K5VIUTJXQL7X75</lei>
        <title>Algonquin Power &amp; Utilities Corp</title>
        <cusip>015857AH8</cusip>
        <identifiers>
          <isin value="US015857AH86"/>
          <other otherDesc="SEDOL" value="BPLFC79"/>
        </identifiers>
        <balance>900000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>779725.80000000</valUSD>
        <pctVal>0.628275108472</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2082-01-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UNIVERSAL INSURANCE HLDS</name>
        <lei>529900GGAZ6WVUCWQM46</lei>
        <title>Universal Insurance Holdings Inc</title>
        <cusip>91359VAC1</cusip>
        <identifiers>
          <isin value="US91359VAC19"/>
        </identifiers>
        <balance>340000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>315122.63000000</valUSD>
        <pctVal>0.253914522958</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</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>SEMPRA</name>
        <lei>PBBKGKLRK5S5C0Y4T545</lei>
        <title>Sempra</title>
        <cusip>816851BK4</cusip>
        <identifiers>
          <isin value="US816851BK46"/>
          <other otherDesc="SEDOL" value="BMVT1B7"/>
        </identifiers>
        <balance>950000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>932382.16000000</valUSD>
        <pctVal>0.751280132980</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</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>BARCLAYS PLC</name>
        <lei>213800LBQA1Y9L22JB70</lei>
        <title>Barclays PLC</title>
        <cusip>06738ECN3</cusip>
        <identifiers>
          <isin value="US06738ECN31"/>
          <other otherDesc="SEDOL" value="BP0VGQ5"/>
        </identifiers>
        <balance>535000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>554494.33000000</valUSD>
        <pctVal>0.446791661027</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.62500000</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>SCE TRUST V</name>
        <lei>N/A</lei>
        <title>SCE Trust V</title>
        <cusip>78409W201</cusip>
        <identifiers>
          <isin value="US78409W2017"/>
          <ticker value="EIX"/>
        </identifiers>
        <balance>31470.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>777623.70000000</valUSD>
        <pctVal>0.626581311620</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NORTHPOINTE BANCSHARES I</name>
        <lei>549300EYMKMD4WKEKP72</lei>
        <title>Northpointe Bancshares Inc</title>
        <cusip>66661N308</cusip>
        <identifiers>
          <isin value="US66661N3089"/>
          <ticker value="NRTBNC"/>
        </identifiers>
        <balance>46000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1114350.00000000</valUSD>
        <pctVal>0.897903297706</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EDISON INTERNATIONAL</name>
        <lei>549300I7ROF15MAEVP56</lei>
        <title>Edison International</title>
        <cusip>281020AS6</cusip>
        <identifiers>
          <isin value="US281020AS67"/>
          <other otherDesc="SEDOL" value="BMCDH43"/>
        </identifiers>
        <balance>385000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>372045.87000000</valUSD>
        <pctVal>0.299781229928</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</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>MERCHANTS BANCORP</name>
        <lei>54930008Y0GPVLF81889</lei>
        <title>Merchants Bancorp/IN</title>
        <cusip>58844R603</cusip>
        <identifiers>
          <isin value="US58844R6036"/>
          <ticker value="MBIN"/>
        </identifiers>
        <balance>14000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>351820.00000000</valUSD>
        <pctVal>0.283483948668</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NUSTAR LOGISTICS LP</name>
        <lei>N62BF2PKP51FIIOIUN20</lei>
        <title>NuStar Logistics LP</title>
        <cusip>67059T204</cusip>
        <identifiers>
          <isin value="US67059T2042"/>
          <ticker value="NSUS"/>
        </identifiers>
        <balance>31500.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>819945.00000000</valUSD>
        <pctVal>0.660682298593</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EDISON INTERNATIONAL</name>
        <lei>549300I7ROF15MAEVP56</lei>
        <title>Edison International</title>
        <cusip>281020AT4</cusip>
        <identifiers>
          <isin value="US281020AT41"/>
          <other otherDesc="SEDOL" value="BP9RHS3"/>
        </identifiers>
        <balance>1245000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1185261.66000000</valUSD>
        <pctVal>0.955041372242</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UBS GROUP AG</name>
        <lei>549300SZJ9VS8SGXAN81</lei>
        <title>UBS Group AG</title>
        <cusip>902613AJ7</cusip>
        <identifiers>
          <isin value="US902613AJ70"/>
          <other otherDesc="SEDOL" value="BM94BZ8"/>
        </identifiers>
        <balance>580000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>529510.48000000</valUSD>
        <pctVal>0.426660569984</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</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>CITIZENS FINANCIAL GROUP</name>
        <lei>2138004JDDA4ZQUPFW65</lei>
        <title>Citizens Financial Group Inc</title>
        <cusip>174610AQ8</cusip>
        <identifiers>
          <isin value="US174610AQ88"/>
          <other otherDesc="SEDOL" value="BGHW226"/>
        </identifiers>
        <balance>900000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>853412.18000000</valUSD>
        <pctVal>0.687648952954</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37500000</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>LIBERTY MUTUAL GROUP INC</name>
        <lei>QUR0DG15Z6FFGYCHH861</lei>
        <title>Liberty Mutual Group Inc</title>
        <cusip>53079EBM5</cusip>
        <identifiers>
          <isin value="US53079EBM57"/>
          <other otherDesc="SEDOL" value="BLNL7Z0"/>
        </identifiers>
        <balance>640000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>563346.18000000</valUSD>
        <pctVal>0.453924164555</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</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>RENAISSANCERE HOLDINGS L</name>
        <lei>EK6GB9U3U58PDI411C94</lei>
        <title>RenaissanceRe Holdings Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BMG7498P1279"/>
          <ticker value="RNR"/>
          <other otherDesc="SEDOL" value="BKSDN56"/>
        </identifiers>
        <balance>23000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>427340.00000000</valUSD>
        <pctVal>0.344335258439</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CNO FINANCIAL GROUP INC</name>
        <lei>11XPYHB76MPM4Y4P2897</lei>
        <title>CNO Financial Group Inc</title>
        <cusip>12621E301</cusip>
        <identifiers>
          <isin value="US12621E3018"/>
          <ticker value="CNO"/>
        </identifiers>
        <balance>11200.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>192528.00000000</valUSD>
        <pctVal>0.155132163234</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BNP PARIBAS</name>
        <lei>R0MUWSFPU8MPRO8K5P83</lei>
        <title>BNP Paribas SA</title>
        <cusip>05565A5R0</cusip>
        <identifiers>
          <isin value="US05565A5R02"/>
          <other otherDesc="SEDOL" value="BQH61V0"/>
        </identifiers>
        <balance>240000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>248093.28000000</valUSD>
        <pctVal>0.199904674698</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BBVA BANCOMER SA TEXAS</name>
        <lei>549300WIWQK5Q9MCUN92</lei>
        <title>BBVA Bancomer SA/Texas</title>
        <cusip>05533UAG3</cusip>
        <identifiers>
          <isin value="US05533UAG31"/>
          <other otherDesc="SEDOL" value="BH4GJM7"/>
        </identifiers>
        <balance>480000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>444057.50000000</valUSD>
        <pctVal>0.357805620874</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-09-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</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>WEBSTER FINANCIAL CORP</name>
        <lei>KMRURHT0VWKYS6Z5KU67</lei>
        <title>Webster Financial Corp</title>
        <cusip>947890703</cusip>
        <identifiers>
          <isin value="US9478907036"/>
          <ticker value="WBS"/>
        </identifiers>
        <balance>13515.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>310845.00000000</valUSD>
        <pctVal>0.250467761991</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TRUIST FINANCIAL CORP</name>
        <lei>549300DRQQI75D2JP341</lei>
        <title>Truist Financial Corp</title>
        <cusip>89832QAF6</cusip>
        <identifiers>
          <isin value="US89832QAF63"/>
          <other otherDesc="SEDOL" value="BMYXXZ4"/>
        </identifiers>
        <balance>410000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>375949.25000000</valUSD>
        <pctVal>0.302926433656</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.10000000</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>ARBOR REALTY TRUST INC</name>
        <lei>549300ASFUWYQO0RW077</lei>
        <title>Arbor Realty Trust Inc</title>
        <cusip>038923850</cusip>
        <identifiers>
          <isin value="US0389238504"/>
          <ticker value="ABR"/>
        </identifiers>
        <balance>53931.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1023610.38000000</valUSD>
        <pctVal>0.824788563528</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NATWEST GROUP PLC</name>
        <lei>2138005O9XJIJN4JPN90</lei>
        <title>NatWest Group PLC</title>
        <cusip>639057AD0</cusip>
        <identifiers>
          <isin value="US639057AD02"/>
          <other otherDesc="SEDOL" value="BLB2PM8"/>
        </identifiers>
        <balance>275000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>207094.00000000</valUSD>
        <pctVal>0.166868924067</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.60000000</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>ZIONS BANCORP NA</name>
        <lei>8WH0EE09O9V05QJZ3V89</lei>
        <title>Zions Bancorp NA</title>
        <cusip>989701818</cusip>
        <identifiers>
          <isin value="US9897018183"/>
          <ticker value="ZION"/>
        </identifiers>
        <balance>17100.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>432972.00000000</valUSD>
        <pctVal>0.348873322218</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BANCO BILBAO VIZCAYA ARG</name>
        <lei>K8MS7FD7N5Z2WQ51AZ71</lei>
        <title>Banco Bilbao Vizcaya Argentaria SA</title>
        <cusip>05946KAG6</cusip>
        <identifiers>
          <isin value="US05946KAG67"/>
          <other otherDesc="SEDOL" value="BK6H509"/>
        </identifiers>
        <balance>600000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>592762.14000000</valUSD>
        <pctVal>0.477626491013</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GENERAL MOTORS FINL CO</name>
        <lei>5493008B6JBRUJ90QL97</lei>
        <title>General Motors Financial Co Inc</title>
        <cusip>37045XCA2</cusip>
        <identifiers>
          <isin value="US37045XCA28"/>
          <other otherDesc="SEDOL" value="BFB5M57"/>
        </identifiers>
        <balance>195000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>181740.31000000</valUSD>
        <pctVal>0.146439829205</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RAYMOND JAMES FINANCIAL</name>
        <lei>RGUZHJ05YTITL6D76949</lei>
        <title>Raymond James Financial Inc</title>
        <cusip>754730406</cusip>
        <identifiers>
          <isin value="US7547304060"/>
          <ticker value="RJF"/>
        </identifiers>
        <balance>14000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>353640.00000000</valUSD>
        <pctVal>0.284950439449</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CITIZENS FINANCIAL GROUP</name>
        <lei>2138004JDDA4ZQUPFW65</lei>
        <title>Citizens Financial Group Inc</title>
        <cusip>174610204</cusip>
        <identifiers>
          <isin value="US1746102045"/>
          <ticker value="CFG"/>
        </identifiers>
        <balance>34400.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>866880.00000000</valUSD>
        <pctVal>0.698500839696</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DELPHI FINANCIAL GROUP</name>
        <lei>5493001NGT0EEYMZG011</lei>
        <title>Delphi Financial Group Inc</title>
        <cusip>247131303</cusip>
        <identifiers>
          <isin value="US2471313039"/>
          <ticker value="TOMARI"/>
        </identifiers>
        <balance>129700.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3139388.50000000</valUSD>
        <pctVal>2.529606754548</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FIFTH THIRD BANCORP</name>
        <lei>THRNG6BD57P9QWTQLG42</lei>
        <title>Fifth Third Bancorp</title>
        <cusip>316773605</cusip>
        <identifiers>
          <isin value="US3167736053"/>
          <ticker value="FITB"/>
        </identifiers>
        <balance>139104.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3581928.00000000</valUSD>
        <pctVal>2.886189225419</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PARAMOUNT GLOBAL</name>
        <lei>5KYC8KF17ROCY24M3H09</lei>
        <title>Paramount Global</title>
        <cusip>92556HAE7</cusip>
        <identifiers>
          <isin value="US92556HAE71"/>
          <other otherDesc="SEDOL" value="BMXHJH1"/>
        </identifiers>
        <balance>1270000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1102918.80000000</valUSD>
        <pctVal>0.888692446378</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2062-03-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37500000</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>QBE INSURANCE GROUP LTD</name>
        <lei>549300D2FBW76FPUSG65</lei>
        <title>QBE Insurance Group Ltd</title>
        <cusip>74728GAE0</cusip>
        <identifiers>
          <isin value="US74728GAE08"/>
          <other otherDesc="SEDOL" value="BMHCRJ0"/>
        </identifiers>
        <balance>475000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>468910.26000000</valUSD>
        <pctVal>0.377831084293</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</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>ENBRIDGE INC</name>
        <lei>98TPTUM4IVMFCZBCUR27</lei>
        <title>Enbridge Inc</title>
        <cusip>29250NBC8</cusip>
        <identifiers>
          <isin value="US29250NBC83"/>
          <other otherDesc="SEDOL" value="BMVPFL3"/>
        </identifiers>
        <balance>275000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>256792.94000000</valUSD>
        <pctVal>0.206914548978</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2080-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ATHENE HOLDING LTD</name>
        <lei>549300H316CT32FQXI76</lei>
        <title>Athene Holding Ltd</title>
        <cusip>04686J861</cusip>
        <identifiers>
          <isin value="US04686J8615"/>
          <ticker value="ATH"/>
        </identifiers>
        <balance>89850.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2212107.00000000</valUSD>
        <pctVal>1.782436550615</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ATHENE HOLDING LTD</name>
        <lei>549300H316CT32FQXI76</lei>
        <title>Athene Holding Ltd</title>
        <cusip>04686J408</cusip>
        <identifiers>
          <isin value="US04686J4085"/>
          <ticker value="ATH"/>
        </identifiers>
        <balance>20000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>376000.00000000</valUSD>
        <pctVal>0.302967326187</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ZIONS BANCORP NA</name>
        <lei>8WH0EE09O9V05QJZ3V89</lei>
        <title>Zions Bancorp NA</title>
        <cusip>989701BF3</cusip>
        <identifiers>
          <isin value="US989701BF32"/>
          <other otherDesc="SEDOL" value="BNN7YY0"/>
        </identifiers>
        <balance>1210000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1185573.25000000</valUSD>
        <pctVal>0.955292440298</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.08624000</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>AXIS CAPITAL HLDGS LTD</name>
        <lei>635400VD2NQBYAHMEM55</lei>
        <title>Axis Capital Holdings Ltd</title>
        <cusip>05461T305</cusip>
        <identifiers>
          <isin value="US05461T3059"/>
          <ticker value="AXS"/>
        </identifiers>
        <balance>15962.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>350525.52000000</valUSD>
        <pctVal>0.282440903071</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MORGAN STANLEY</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley</title>
        <cusip>61763E207</cusip>
        <identifiers>
          <isin value="US61763E2072"/>
          <ticker value="MS"/>
        </identifiers>
        <balance>148000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3759200.00000000</valUSD>
        <pctVal>3.029028650546</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>STATE STREET CORP</name>
        <lei>549300ZFEEJ2IP5VME73</lei>
        <title>State Street Corp</title>
        <cusip>857477CH4</cusip>
        <identifiers>
          <isin value="US857477CH48"/>
          <other otherDesc="SEDOL" value="BNRPV50"/>
        </identifiers>
        <balance>680000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>679859.48000000</valUSD>
        <pctVal>0.547806406486</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.70000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BNP PARIBAS</name>
        <lei>R0MUWSFPU8MPRO8K5P83</lei>
        <title>BNP Paribas SA</title>
        <cusip>05565AS20</cusip>
        <identifiers>
          <isin value="US05565AS207"/>
          <other otherDesc="SEDOL" value="BL56GG7"/>
        </identifiers>
        <balance>380000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>404698.10000000</valUSD>
        <pctVal>0.326091226782</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TRANSCANADA TRUST</name>
        <lei>549300Y0MFCAXLBWUV51</lei>
        <title>Transcanada Trust</title>
        <cusip>89356BAE8</cusip>
        <identifiers>
          <isin value="US89356BAE83"/>
          <other otherDesc="SEDOL" value="BKVJXH3"/>
        </identifiers>
        <balance>1550000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1391789.95000000</valUSD>
        <pctVal>1.121454467464</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2079-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SOUTHERN CAL EDISON</name>
        <lei>9R1Z5I36FERIBVKW4P77</lei>
        <title>Southern California Edison Co</title>
        <cusip>842400FU2</cusip>
        <identifiers>
          <isin value="US842400FU26"/>
          <other otherDesc="SEDOL" value="B6WFG39"/>
        </identifiers>
        <balance>580000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>584606.36000000</valUSD>
        <pctVal>0.471054855749</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.76704000</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>VOYA FINANCIAL INC</name>
        <lei>549300T065Z4KJ686G75</lei>
        <title>Voya Financial Inc</title>
        <cusip>929089209</cusip>
        <identifiers>
          <isin value="US9290892093"/>
          <ticker value="VOYA"/>
        </identifiers>
        <balance>23000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>572930.00000000</valUSD>
        <pctVal>0.461646463278</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HUNTINGTON BANCSHARES</name>
        <lei>549300XTVCVV9I7B5T19</lei>
        <title>Huntington Bancshares Inc/OH</title>
        <cusip>446150AV6</cusip>
        <identifiers>
          <isin value="US446150AV63"/>
          <other otherDesc="SEDOL" value="BMD7KQ7"/>
        </identifiers>
        <balance>280000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>246588.43000000</valUSD>
        <pctVal>0.198692120494</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.45000000</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>WELLS FARGO &amp; COMPANY</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>Wells Fargo &amp; Co</title>
        <cusip>949746804</cusip>
        <identifiers>
          <isin value="US9497468044"/>
          <ticker value="WFC"/>
        </identifiers>
        <balance>225.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>265500.00000000</valUSD>
        <pctVal>0.213930385911</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BARCLAYS PLC</name>
        <lei>213800LBQA1Y9L22JB70</lei>
        <title>Barclays PLC</title>
        <cusip>06738EBG9</cusip>
        <identifiers>
          <isin value="US06738EBG98"/>
          <other otherDesc="SEDOL" value="BJ5S777"/>
        </identifiers>
        <balance>1475000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1475252.37000000</valUSD>
        <pctVal>1.188705494657</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SCE TRUST VII</name>
        <lei>N/A</lei>
        <title>SCE Trust VII</title>
        <cusip>783892201</cusip>
        <identifiers>
          <isin value="US7838922018"/>
          <ticker value="EIX"/>
        </identifiers>
        <balance>29700.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>797445.00000000</valUSD>
        <pctVal>0.642552604872</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>QWEST CORP</name>
        <lei>549300R2L4N683OO1509</lei>
        <title>Qwest Corp</title>
        <cusip>74913G873</cusip>
        <identifiers>
          <isin value="US74913G8731"/>
          <ticker value="CTL"/>
        </identifiers>
        <balance>24920.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>276612.00000000</valUSD>
        <pctVal>0.222884037317</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ENSTAR FINANCE LLC</name>
        <lei>N/A</lei>
        <title>Enstar Finance LLC</title>
        <cusip>29360AAB6</cusip>
        <identifiers>
          <isin value="US29360AAB61"/>
          <other otherDesc="SEDOL" value="BPLFC57"/>
        </identifiers>
        <balance>490000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>442567.27000000</valUSD>
        <pctVal>0.356604846941</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HSBC HOLDINGS PLC</name>
        <lei>MLU0ZO3ML4LN2LL2TL39</lei>
        <title>HSBC Holdings PLC</title>
        <cusip>404280BL2</cusip>
        <identifiers>
          <isin value="US404280BL25"/>
          <other otherDesc="SEDOL" value="BDS6RN2"/>
        </identifiers>
        <balance>325000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>308321.26000000</valUSD>
        <pctVal>0.248434222736</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GENERAL MOTORS FINL CO</name>
        <lei>5493008B6JBRUJ90QL97</lei>
        <title>General Motors Financial Co Inc</title>
        <cusip>37045XCM6</cusip>
        <identifiers>
          <isin value="US37045XCM65"/>
          <other otherDesc="SEDOL" value="BFY34H4"/>
        </identifiers>
        <balance>725000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>684518.83000000</valUSD>
        <pctVal>0.551560743751</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TEXAS CAPITAL BANCSHARES</name>
        <lei>549300466Q2SXRX0YM48</lei>
        <title>Texas Capital Bancshares Inc</title>
        <cusip>88224Q305</cusip>
        <identifiers>
          <isin value="US88224Q3056"/>
          <ticker value="TCBI"/>
        </identifiers>
        <balance>25300.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>532565.00000000</valUSD>
        <pctVal>0.429121792742</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CITIGROUP INC</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>Citigroup Inc</title>
        <cusip>172967358</cusip>
        <identifiers>
          <isin value="US1729673582"/>
          <ticker value="C"/>
        </identifiers>
        <balance>35198.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>897900.98000000</valUSD>
        <pctVal>0.723496433755</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AMERICAN INTL GROUP</name>
        <lei>ODVCVCQG2BP6VHV36M30</lei>
        <title>American International Group Inc</title>
        <cusip>026874BS5</cusip>
        <identifiers>
          <isin value="US026874BS54"/>
          <other otherDesc="SEDOL" value="B606MS1"/>
        </identifiers>
        <balance>1500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1656487.50000000</valUSD>
        <pctVal>1.334738267922</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.17500000</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>REINSURANCE GRP OF AMER</name>
        <lei>LORM1GNEU1DKEW527V90</lei>
        <title>Reinsurance Group of America Inc</title>
        <cusip>759351885</cusip>
        <identifiers>
          <isin value="US7593518852"/>
          <ticker value="RGA"/>
        </identifiers>
        <balance>37160.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>972848.80000000</valUSD>
        <pctVal>0.783886701385</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BRITISH TELECOMMUNICATIO</name>
        <lei>549300OWFMSO9NYV4H90</lei>
        <title>British Telecommunications PLC</title>
        <cusip>11102AAG6</cusip>
        <identifiers>
          <isin value="US11102AAG67"/>
          <other otherDesc="SEDOL" value="BPG9953"/>
        </identifiers>
        <balance>395000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>348302.78000000</valUSD>
        <pctVal>0.280649898830</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2081-11-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</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>HEARTLAND FINANCIAL USA</name>
        <lei>549300QF7B0DFZT32C73</lei>
        <title>Heartland Financial USA Inc</title>
        <cusip>42234Q201</cusip>
        <identifiers>
          <isin value="US42234Q2012"/>
          <ticker value="HTLF"/>
        </identifiers>
        <balance>29600.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>756576.00000000</valUSD>
        <pctVal>0.609621829196</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ALGONQUIN PWR &amp; UTILITY</name>
        <lei>549300K5VIUTJXQL7X75</lei>
        <title>Algonquin Power &amp; Utilities Corp</title>
        <cusip>015857808</cusip>
        <identifiers>
          <isin value="US0158578080"/>
          <ticker value="AQNCN"/>
        </identifiers>
        <balance>58330.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1472832.50000000</valUSD>
        <pctVal>1.186755650126</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Security reported as PREFERRED EQUITY on Form N-PORT per market convention; reported as CORPORATE DEBT SECURITY on SOI of Form N-CSR/N-CSRS per specific terms of security. 74913G873:74913G881:989701818." noteItem="C.4.a"/>
      <explntrNote note="Security reported as DEBT on Form N-PORT per market convention; reported as PREFERRED STOCK &amp; HYBRID PREFERRED SECURITIES on SOI of Form N-CSR/N-CSRS per specific terms of security. 00440FAA2:00773HAA5:00774YAA7:015857AH8:02005NBM1:02005NBN9:02369GAA3:025537AU5:025816CH0:026874BS5:03765HAE1:05463HAC5:060505EL4:060505EU4:060505FL3:060505GB4:06055HAB9:11102AAG6:14040HCF0:808513BD6:172967JM4:172967MK4:172967MU2:172967MV0:172967NB3:172967PC9:172967PE5:174610AQ8:19075QAC6:20035AAA2:200340AU1:20453QAA0:254709AQ1:25746UDM8:281020AS6:281020AT4:290876AD3:29250NAN5:29250NBC8:29250NBT1:29273VAM2:29273VAX8:29360AAA8:29360AAB6:29379VBN2:29452EAA9:299808AE5:37045XCA2:37045XCM6:37045XDB9:37959GAC1:38141GA38:38144GAB7:38148BAE8:40427LAB0:446150AL8:446150AT1:446150AV6:46625HJQ4:46625HJW1:48126HAA8:48128BAN1:50149XAA2:514666AK2:514666AM8:514666AN6:53079EAN4:53079EBM5:534187BR9:55261FAG9:55261FAH7:55261FAN4:591560AA5:59156RAV0:59156RBS6:61745VAB9:302570AX4:65339KCW8:92556HAE7:69331VAA4:693475BC8:693475BD6:693475BF1:693475BP9:743863AA0:744320BK7:744320BL5:7591EPAR1:78397DAA6:78397DAC2:816851BK4:816851BM0:842400FU2:842587DJ3:857477CH4:89356BAB4:89356BAE8:89832QAE9:89832QAF6:92840MAC6:92857WBQ2:949746TD3:95002YAA1:989701BF3." noteItem="C.4.a"/>
      <explntrNote note="Security reported as DEBT on Form N-PORT per market convention; reported as CONTINGENT CAPITAL SECURITY on SOI of Form N-CSR/N-CSRS per specific terms of security. 05254HAA2:05946KAF8:05946KAG6:05946KAM3:05962GAJ8:05971PAB4:05973KAB3:05971KAH2:05971KAQ2:06368LQ58:0641598S8:0641598V1:06738EBG9:06738EBN4:06738EBT1:06738EBX2:06738ECN3:05533UAG3:05565A5R0:05565AAN3:05565AM34:05565AS20:05565ASK0:225313AP0:251525AX9:404280BL2:404280BP3:258524098:456837AY9:539439AU3:53944YAQ6:53944YAV5:556079AB7:639057AD0:74728GAE0:83367TBU2:83368JFA3:83370RAA6:83370RAB4:83370RAC2:853254BX7:853254CM0:89117F8Z5:902613AD0:902613AJ7:902613BE7." noteItem="C.4.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2024-04-23</ncom:dateSigned>
      <ncom:nameOfApplicant>Flaherty &amp; Crumrine Preferred &amp; Income Opportunity Fund Inc</ncom:nameOfApplicant>
      <ncom:signature>Bradford Stone </ncom:signature>
      <ncom:signerName>Bradford Stone </ncom:signerName>
      <ncom:title>Chief Financial Officer, Treasurer and Vice President</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>NPORT-EX
<SEQUENCE>2
<FILENAME>FC24FC022924.htm
<TEXT>
<HTML>
	<HEAD>
		<TITLE>
			pfo-nport_022924
		</TITLE>
		<!-- Document Created by Quality EDGAR Solutions Single Source System -->
		<!-- Ver. 7h3d0c70r.1.0 (tvnabbpndsdnf) [1713450757683-7162] -->
	</HEAD>
	<BODY >
		<DIV style=" height: 803.8pt; width: 621.0pt; border-bottom: 2pt solid black; position: relative; overflow: hidden; margin: auto;">
			<DIV style=" border: 0pt; padding-top: 0pt; top: 741.7pt; left: 31.05pt; padding-left: 0pt; width: 558.9pt; padding-bottom: 0pt; position: absolute; padding-right: 0pt; height: 31.05pt;">
				<DIV style=" display: table-cell; vertical-align: bottom; width: 558.9pt; height: 31.05pt;">

				<!--[if IE]><TABLE><TR style=" width: 558.9pt; height: 31.05pt;"><TD vAlign="bottom" style=" width: 558.9pt; height: 31.05pt;"><![endif]-->
					<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: center; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;"> <br></FONT><FONT style=" text-transform: none; font-size: 10pt; font-family: Arial, sans-serif;">1</FONT></P>


				<!--[if IE]></TD></TR></TABLE><![endif]-->
				</DIV>

			</DIV>
			<DIV style=" border: 0pt; padding-top: 0pt; top: 31.05pt; left: 31.05pt; padding-left: 0pt; width: 558.9pt; padding-bottom: 0pt; position: absolute; padding-right: 0pt; height: 79.35pt;">
				<P style=" border-top: 1pt solid ; margin-left: 0pt; text-transform: none; color: #000000; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;">&#160;</FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;">Flaherty &amp; Crumrine Preferred and Income Opportunity Fund Incorporated</FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none; font-family: Arial, sans-serif;"><B>PORTFOLIO OF INVESTMENTS</B></FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 10pt; font-family: Arial, sans-serif;"><B>February 29, 2024 (Unaudited)</B></FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; border-bottom: 1pt solid ; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;">&#160;</FONT></P>

			</DIV>
			<DIV style=" border: 0pt; padding-top: 0pt; top: 110.4pt; left: 31.05pt; padding-left: 0pt; width: 558.9pt; padding-bottom: 0pt; position: absolute; padding-right: 0pt; height: 531.3pt;">
				<DIV style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: 11pt; margin-top: 0pt; margin-bottom: 6pt; text-align: justify; margin-right: 0pt;">
					<TABLE STYLE="table-layout: fixed; width: 590pt; margin-top: 4pt; margin-bottom: 2pt; border-collapse: collapse">
						<TR style=" margin: 0; height: 0;">
							<TD STYLE="border-width: 0; margin: 0; padding: 0; width: 63.24pt">


							</TD>
							<TD STYLE="border-width: 0; margin: 0; padding: 0; width: 13.79pt">


							</TD>
							<TD STYLE="border-width: 0; margin: 0; padding: 0; width: 382.95pt">


							</TD>
							<TD STYLE="border-width: 0; margin: 0; padding: 0; width: 72.44pt">


							</TD>
							<TD STYLE="border-width: 0; margin: 0; padding: 0; width: 41.4pt">


							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 8pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: center; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>Shares/$ Par</B></FONT></P>

							</TD>
							<TD STYLE="border-top-width: 0pt; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"> </FONT></P>

							</TD>
							<TD STYLE="border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 8pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: center; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>Value</B></FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;" colspan="3">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>Preferred Stock &amp; Hybrid Preferred Securities</B></FONT><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;"><B>&#167;</B></SUP><FONT style=" text-transform: none;"><B> &#8212; 76.5%</B></FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top: #000000 0.5pt solid; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;"> </SUP></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="border-top-width: 0pt; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>Banking &#8212; 35.4% </B></FONT></P>

							</TD>
							<TD STYLE="border-top-width: 0pt; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-top: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">450,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top: #000000 0.5pt solid; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">American AgCredit Corporation, 5.25% to 06/15/26 then <br>T5Y + 4.50%, Series A, 144A**** </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><A name="pfo-nport_022924a35"></A><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">423,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(3)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Bank of America Corporation:</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">1,710,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">5.875% to 03/15/28 then TSFR3M + 3.19261%, Series FF </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a36"></A><FONT style=" text-transform: none;">1,659,052</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">1,550,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">6.125% to 04/27/27 then T5Y + 3.231%, Series TT </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a37"></A><FONT style=" text-transform: none;">1,552,572</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(3)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">300,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">6.30% to 03/10/26 then TSFR3M + 4.81461%, Series DD </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a38"></A><FONT style=" text-transform: none;">302,146</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">18,800</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Cadence Bank, 5.50%, Series A </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a39"></A><FONT style=" text-transform: none;">393,296</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Capital One Financial Corporation:</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">13,085</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">5.00%, Series I </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a40"></A><FONT style=" text-transform: none;">269,027</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">820,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">3.95% to 09/01/26 then T5Y + 3.157%, Series M </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a41"></A><FONT style=" text-transform: none;">723,560</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Citigroup, Inc.:</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">425,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">3.875% to 02/18/26 then T5Y + 3.417%, Series X </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a42"></A><FONT style=" text-transform: none;">400,299</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">200,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">4.00% to 12/10/25 then T5Y + 3.597%, Series W </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a43"></A><FONT style=" text-transform: none;">189,790</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">300,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">4.15% to 11/15/26 then T5Y + 3.00%, Series Y </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a44"></A><FONT style=" text-transform: none;">271,118</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">430,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">5.95% to 05/15/25 then TSFR3M + 4.16661%, Series P </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a45"></A><FONT style=" text-transform: none;">426,863</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">1,200,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">7.375% to 05/15/28 then T5Y + 3.209%, Series Z </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a46"></A><FONT style=" text-transform: none;">1,230,157</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(3)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">1,225,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">7.625% to 11/15/28 then T5Y + 3.211%, Series AA </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a47"></A><FONT style=" text-transform: none;">1,266,274</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">35,198</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">TSFR3M + 4.30161%, 9.64974%</FONT><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(4)</SUP><FONT style=" text-transform: none;">, Series J </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a48"></A><FONT style=" text-transform: none;">897,901</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Citizens Financial Group, Inc.:</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">34,400</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">6.35% to 04/06/24 then TSFR3M + 3.90361%, Series D </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a49"></A><FONT style=" text-transform: none;">866,880</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">900,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">6.375% to 04/06/24 then TSFR3M + 3.41861%, Series C </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a50"></A><FONT style=" text-transform: none;">853,412</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(3)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">CoBank ACB:</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">9,000</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">6.20% to 01/01/25 then TSFR3M + 4.0056%, Series H, 144A**** </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a51"></A><FONT style=" text-transform: none;">894,375</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">415,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">6.25% to 10/01/26 then TSFR3M + 4.9216%, Series I, 144A**** </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a52"></A><FONT style=" text-transform: none;">405,663</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">1,890,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Comerica, Inc., 5.625% to 10/01/25 then T5Y + 5.291%, Series A </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a53"></A><FONT style=" text-transform: none;">1,813,716</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(3)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">250,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Compeer Financial ACA, 4.875% to 08/15/26 then T5Y + 4.10%, Series B-1, 144A**** </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a54"></A><FONT style=" text-transform: none;">238,750</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">32,800</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">ConnectOne Bancorp, Inc., 5.25% to 09/01/26 then T5Y + 4.42%, Series A </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a55"></A><FONT style=" text-transform: none;">626,480</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">27,000</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Dime Community Bancshares, Inc., 5.50%, Series A </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a56"></A><FONT style=" text-transform: none;">451,980</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Fifth Third Bancorp:</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">29,184</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">6.00%, Series A </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a57"></A><FONT style=" text-transform: none;">721,429</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">139,104</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">TSFR3M + 3.97161%, 9.30177%</FONT><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(4)</SUP><FONT style=" text-transform: none;">, Series I </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a58"></A><FONT style=" text-transform: none;">3,581,928</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">13,600</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">First Citizens BancShares, Inc., 5.375%, Series A </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a59"></A><FONT style=" text-transform: none;">298,520</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">&#160;</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>

					</TABLE>

				</DIV>

			</DIV>

		</DIV>
		<DIV style=" page-break-before: always;">
			<P style=" margin: 0pt; font-size: 5pt;">&#8203;</P>

		</DIV>
		<DIV style=" height: 803.8pt; width: 621.0pt; border-bottom: 2pt solid black; position: relative; overflow: hidden; margin: auto;">
			<DIV style=" border: 0pt; padding-top: 0pt; top: 741.7pt; left: 31.05pt; padding-left: 0pt; width: 558.9pt; padding-bottom: 0pt; position: absolute; padding-right: 0pt; height: 31.05pt;">
				<DIV style=" display: table-cell; vertical-align: bottom; width: 558.9pt; height: 31.05pt;">

				<!--[if IE]><TABLE><TR style=" width: 558.9pt; height: 31.05pt;"><TD vAlign="bottom" style=" width: 558.9pt; height: 31.05pt;"><![endif]-->
					<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: center; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;"> <br></FONT><FONT style=" text-transform: none; font-size: 10pt; font-family: Arial, sans-serif;">2</FONT></P>


				<!--[if IE]></TD></TR></TABLE><![endif]-->
				</DIV>

			</DIV>
			<DIV style=" border: 0pt; padding-top: 0pt; top: 31.05pt; left: 31.05pt; padding-left: 0pt; width: 558.9pt; padding-bottom: 0pt; position: absolute; padding-right: 0pt; height: 79.35pt;">
				<P style=" border-top: 1pt solid ; margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;">&#160;</FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;">Flaherty &amp; Crumrine Preferred and Income Opportunity Fund Incorporated</FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none; font-family: Arial, sans-serif;"><B>PORTFOLIO OF INVESTMENTS (Continued)</B></FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 10pt; font-family: Arial, sans-serif;"><B>February 29, 2024 (Unaudited)</B></FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; border-bottom: 1pt solid ; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;">&#160;</FONT></P>

			</DIV>
			<DIV style=" border: 0pt; padding-top: 0pt; top: 110.4pt; left: 31.05pt; padding-left: 0pt; width: 558.9pt; padding-bottom: 0pt; position: absolute; padding-right: 0pt; height: 531.3pt;">
				<DIV style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: 11pt; margin-top: 0pt; margin-bottom: 6pt; text-align: justify; margin-right: 0pt;">
					<TABLE STYLE="table-layout: fixed; width: 590pt; margin-top: 4pt; margin-bottom: 2pt; border-collapse: collapse">
						<TR style=" margin: 0; height: 0;">
							<TD STYLE="border-width: 0; margin: 0; padding: 0; width: 63.24pt">


							</TD>
							<TD STYLE="border-width: 0; margin: 0; padding: 0; width: 13.79pt">


							</TD>
							<TD STYLE="border-width: 0; margin: 0; padding: 0; width: 382.95pt">


							</TD>
							<TD STYLE="border-width: 0; margin: 0; padding: 0; width: 72.44pt">


							</TD>
							<TD STYLE="border-width: 0; margin: 0; padding: 0; width: 41.4pt">


							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 8pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: center; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>Shares/$ Par</B></FONT></P>

							</TD>
							<TD STYLE="border-top-width: 0pt; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"> </FONT></P>

							</TD>
							<TD STYLE="border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 8pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: center; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>Value</B></FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">First Horizon Corporation:</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">14,500</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">6.50%, Series E </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><A name="pfo-nport_022924a60"></A><FONT style=" text-transform: none;">358,440</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">1</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">FT Real Estate Securities Company, 9.50% 03/31/31, Series B, 144A**** </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a61"></A><FONT style=" text-transform: none;">1,170,000</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">750</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">First Horizon Bank, TSFR3M + 1.11161%, min 3.75%, 6.43735%</FONT><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(4)</SUP><FONT style=" text-transform: none;">, </FONT><FONT style=" text-transform: none;">Series A, 144A****</FONT><FONT style=" text-transform: none;"> </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a62"></A><FONT style=" text-transform: none;">468,750</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">7,700</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Fulton Financial Corporation, 5.125%, Series A </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a63"></A><FONT style=" text-transform: none;">140,140</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Goldman Sachs Group:</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">225,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">4.95% to 02/10/25 then T5Y + 3.224%, Series R </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a64"></A><FONT style=" text-transform: none;">220,726</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">560,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">5.50% to 08/10/24 then T5Y + 3.623%, Series Q </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a65"></A><FONT style=" text-transform: none;">555,384</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">38,932</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">6.375% to 05/10/24 then TSFR3M + 3.81161%, Series K </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a66"></A><FONT style=" text-transform: none;">990,430</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">380,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">7.50% to 02/10/29 then T5Y + 3.156%, Series W </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a67"></A><FONT style=" text-transform: none;">400,529</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">29,600</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Heartland Financial USA, Inc., 7.00% to 07/15/25 then T5Y + 6.675%, Series E </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a68"></A><FONT style=" text-transform: none;">756,576</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">HSBC Holdings PLC:</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">800,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">HSBC Capital Funding LP, 10.176% to 06/30/30 then 3ML + 4.98%, 144A****</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a70"></A><FONT style=" text-transform: none;">1,006,598</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(3)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Huntington Bancshares, Inc.:</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">280,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">4.45% to 10/15/27 then T7Y + 4.045%, Series G </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a71"></A><FONT style=" text-transform: none;">246,588</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">825,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">5.625% to 07/15/30 then T10Y + 4.945%, Series F </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a72"></A><FONT style=" text-transform: none;">750,750</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">29,880</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">6.875% to 04/15/28 then T5Y + 2.704%, Series J </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a73"></A><FONT style=" text-transform: none;">732,956</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">950,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">TSFR3M + 3.14161%, 8.4556%</FONT><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(4)</SUP><FONT style=" text-transform: none;">, Series E </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a74"></A><FONT style=" text-transform: none;">932,303</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(3)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">JPMorgan Chase &amp; Company:</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">700,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">3.65% to 06/01/26 then T5Y + 2.85%, Series KK </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a75"></A><FONT style=" text-transform: none;">652,686</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">1,300,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">6.125% to 04/30/24 then TSFR3M + 3.59161%, Series U </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a76"></A><FONT style=" text-transform: none;">1,301,402</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(3)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">300,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">TSFR3M + 3.56161%, 8.86804%</FONT><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(4)</SUP><FONT style=" text-transform: none;">, Series R </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a77"></A><FONT style=" text-transform: none;">302,000</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">4,260,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">TSFR3M + 4.04161%, 9.34804%</FONT><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(4)</SUP><FONT style=" text-transform: none;">, Series S </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a78"></A><FONT style=" text-transform: none;">4,285,969</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(3)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">KeyCorp:</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">69,411</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">6.125% to 12/15/26 then TSFR3M + 4.15361%, Series E </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a79"></A><FONT style=" text-transform: none;">1,631,853</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">25,000</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">6.20% to 12/15/27 then T5Y + 3.132%, Series H </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a80"></A><FONT style=" text-transform: none;">571,250</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">M&amp;T Bank Corporation:</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">500,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">3.50% to 09/01/26 then T5Y + 2.679%, Series I </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a81"></A><FONT style=" text-transform: none;">376,248</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(3)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">305,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">5.125% to 11/01/26 then </FONT><FONT style=" text-transform: none;">TSFR3M + 3.78161%,</FONT><FONT style=" text-transform: none;"> Series F </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a82"></A><FONT style=" text-transform: none;">267,638</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">16,600</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">5.625% to 12/15/26 then TSFR3M + 4.2816%, Series H </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a83"></A><FONT style=" text-transform: none;">401,056</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">2,240,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">TSFR3M + 3.87161%, 9.1786%</FONT><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(4)</SUP><FONT style=" text-transform: none;">, Series E </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a84"></A><FONT style=" text-transform: none;">2,253,031</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(3)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">14,000</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Merchants Bancorp, 6.00% to 10/01/24 then 3ML + 4.569%, Series B </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a85"></A><FONT style=" text-transform: none;">351,820</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Morgan Stanley:</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">148,000</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">6.875%, Series F </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a86"></A><FONT style=" text-transform: none;">3,759,200</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">48,267</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">7.125%, Series E </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a87"></A><FONT style=" text-transform: none;">1,227,430</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">444,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">TSFR3M + 3.42161%, 8.80624%</FONT><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(4)</SUP><FONT style=" text-transform: none;">, Series N </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a88"></A><FONT style=" text-transform: none;">457,783</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">&#160;</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>

					</TABLE>

				</DIV>

			</DIV>

		</DIV>
		<DIV style=" page-break-before: always;">
			<P style=" margin: 0pt; font-size: 5pt;">&#8203;</P>

		</DIV>
		<DIV style=" height: 803.8pt; width: 621.0pt; border-bottom: 2pt solid black; position: relative; overflow: hidden; margin: auto;">
			<DIV style=" border: 0pt; padding-top: 0pt; top: 741.7pt; left: 31.05pt; padding-left: 0pt; width: 558.9pt; padding-bottom: 0pt; position: absolute; padding-right: 0pt; height: 31.05pt;">
				<DIV style=" display: table-cell; vertical-align: bottom; width: 558.9pt; height: 31.05pt;">

				<!--[if IE]><TABLE><TR style=" width: 558.9pt; height: 31.05pt;"><TD vAlign="bottom" style=" width: 558.9pt; height: 31.05pt;"><![endif]-->
					<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: center; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;"> <br></FONT><FONT style=" text-transform: none; font-size: 10pt; font-family: Arial, sans-serif;">3</FONT></P>


				<!--[if IE]></TD></TR></TABLE><![endif]-->
				</DIV>

			</DIV>
			<DIV style=" border: 0pt; padding-top: 0pt; top: 31.05pt; left: 31.05pt; padding-left: 0pt; width: 558.9pt; padding-bottom: 0pt; position: absolute; padding-right: 0pt; height: 79.35pt;">
				<P style=" border-top: 1pt solid ; margin-left: 0pt; text-transform: none; color: #000000; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;">&#160;</FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;">Flaherty &amp; Crumrine Preferred and Income Opportunity Fund Incorporated</FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none; font-family: Arial, sans-serif;"><B>PORTFOLIO OF INVESTMENTS (Continued)</B></FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 10pt; font-family: Arial, sans-serif;"><B>February 29, 2024 (Unaudited)</B></FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; border-bottom: 1pt solid ; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;">&#160;</FONT></P>

			</DIV>
			<DIV style=" border: 0pt; padding-top: 0pt; top: 110.4pt; left: 31.05pt; padding-left: 0pt; width: 558.9pt; padding-bottom: 0pt; position: absolute; padding-right: 0pt; height: 546.83pt;">
				<DIV style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: 11pt; margin-top: 0pt; margin-bottom: 6pt; text-align: justify; margin-right: 0pt;">
					<TABLE STYLE="table-layout: fixed; width: 590pt; margin-top: 4pt; margin-bottom: 2pt; border-collapse: collapse">
						<TR style=" margin: 0; height: 0;">
							<TD STYLE="border-width: 0; margin: 0; padding: 0; width: 63.24pt">


							</TD>
							<TD STYLE="border-width: 0; margin: 0; padding: 0; width: 13.79pt">


							</TD>
							<TD STYLE="border-width: 0; margin: 0; padding: 0; width: 382.95pt">


							</TD>
							<TD STYLE="border-width: 0; margin: 0; padding: 0; width: 72.44pt">


							</TD>
							<TD STYLE="border-width: 0; margin: 0; padding: 0; width: 41.4pt">


							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 8pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: center; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>Shares/$ Par</B></FONT></P>

							</TD>
							<TD STYLE="border-top-width: 0pt; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"> </FONT></P>

							</TD>
							<TD STYLE="border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 8pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: center; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>Value</B></FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">162,500</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">New York Community Bancorp, Inc., 6.375% to 03/17/27 then </FONT><FONT style=" text-transform: none;">3ML + 3.821%, Series A</FONT><FONT style=" text-transform: none;"> </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><A name="pfo-nport_022924a89"></A><FONT style=" text-transform: none;">3,095,625</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">46,000</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Northpointe Bancshares, Inc., 8.25% to 12/30/25 then </FONT><FONT style=" text-transform: none;">TSFR3M + 7.99%, Series A </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a90"></A><FONT style=" text-transform: none;">1,114,350</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">PNC Financial Services Group, Inc.:</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">275,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">3.40% to 09/15/26 then T5Y + 2.595%, Series T </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a91"></A><FONT style=" text-transform: none;">233,418</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">1,770,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">6.00% to 05/15/27 then T5Y + 3.00%, Series U </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a92"></A><FONT style=" text-transform: none;">1,714,612</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(3)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">520,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">6.20% to 09/15/27 then T5Y + 3.238%, Series V </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a93"></A><FONT style=" text-transform: none;">512,951</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">934,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">6.25% to 03/15/30 then T7Y + 2.808%, Series W </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a94"></A><FONT style=" text-transform: none;">883,864</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(3)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Regions Financial Corporation:</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">111,980</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">5.70% to 08/15/29 then TSFR3M + 3.4096%, Series C </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a95"></A><FONT style=" text-transform: none;">2,599,056</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">175,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">5.75% to 09/15/25 then T5Y + 5.426%, Series D </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a96"></A><FONT style=" text-transform: none;">170,592</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(3)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">8,627</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">6.375% to 09/15/24 then TSFR3M + 3.79761%, Series B </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a97"></A><FONT style=" text-transform: none;">214,122</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">680,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">State Street Corporation, 6.70% to 03/15/29 then T5Y + 2.613%, Series I </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a98"></A><FONT style=" text-transform: none;">679,860</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Synchrony Financial:</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">39,000</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">5.625%, Series A </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a99"></A><FONT style=" text-transform: none;">731,640</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">37,000</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">8.25% to 05/15/29 then T5Y + 4.044%, Series B </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a100"></A><FONT style=" text-transform: none;">926,850</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">63,135</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Synovus Financial Corporation, 5.875% to 07/01/24 then T5Y + 4.127%, Series E</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a101"></A><FONT style=" text-transform: none;">1,584,689</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(3)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">25,300</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Texas Capital Bancshares Inc., 5.75%, Series B </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a102"></A><FONT style=" text-transform: none;">532,565</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Truist Financial Corporation:</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">825,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">4.95% to 12/01/25 then T5Y + 4.605%, Series P </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a104"></A><FONT style=" text-transform: none;">804,304</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">410,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">5.10% to 09/01/30 then T10Y + 4.349%, Series Q </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a105"></A><FONT style=" text-transform: none;">375,949</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">18,528</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Valley National Bancorp, TSFR3M + 3.8396%, 9.18775%</FONT><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(4)</SUP><FONT style=" text-transform: none;">, Series B </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a106"></A><FONT style=" text-transform: none;">444,301</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">17,000</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Washington Federal, Inc., 4.875%, Series A </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a107"></A><FONT style=" text-transform: none;">268,770</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">13,515</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Webster Financial Corporation, 6.50%, Series G </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a108"></A><FONT style=" text-transform: none;">310,845</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Wells Fargo &amp; Company:</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">36,000</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">4.25%, Series DD </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a109"></A><FONT style=" text-transform: none;">681,840</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">28,000</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">4.70%, Series AA </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a110"></A><FONT style=" text-transform: none;">581,840</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">225</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">7.50%, Series L </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a111"></A><FONT style=" text-transform: none;">265,500</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">650,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">3.90% to 03/15/26 then T5Y + 3.453%, Series BB </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a112"></A><FONT style=" text-transform: none;">612,019</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">34,400</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">6.625% to 03/15/24 then 10.315%, Series R </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a113"></A><FONT style=" text-transform: none;">857,936</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">1,640,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">7.625% to 09/15/28 then T5Y + 3.606%, Series EE </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a114"></A><FONT style=" text-transform: none;">1,739,431</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(3)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">33,900</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">WesBanco, Inc., 6.75% to 11/15/25 then T5Y + 6.557%, Series A </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a115"></A><FONT style=" text-transform: none;">806,820</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">17,300</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Western Alliance Bancorp, 4.25% to 09/30/26 then T5Y + 3.452%, Series A </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a116"></A><FONT style=" text-transform: none;">304,134</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">33,000</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Wintrust Financial Corporation, 6.875% to 07/15/25 then T5Y + 6.507%, Series E </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a117"></A><FONT style=" text-transform: none;">829,620</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">1,210,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top-width: 0pt; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Zions Bancorporation, TSFR3M + 4.7016%, 10.08624%</FONT><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(4)</SUP><FONT style=" text-transform: none;">, Series J </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a118"></A><FONT style=" text-transform: none;">1,185,573</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-top: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="border-top: #000000 0.5pt solid; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-top: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"> </FONT></P>

							</TD>
							<TD STYLE="border-top: #000000 0.5pt solid; border-bottom: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a119"></A><FONT style=" text-transform: none;">72,390,800</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>

					</TABLE>

				</DIV>

			</DIV>

		</DIV>
		<DIV style=" page-break-before: always;">
			<P style=" margin: 0pt; font-size: 5pt;">&#8203;</P>

		</DIV>
		<DIV style=" height: 803.8pt; width: 621.0pt; border-bottom: 2pt solid black; position: relative; overflow: hidden; margin: auto;">
			<DIV style=" border: 0pt; padding-top: 0pt; top: 741.7pt; left: 31.05pt; padding-left: 0pt; width: 558.9pt; padding-bottom: 0pt; position: absolute; padding-right: 0pt; height: 31.05pt;">
				<DIV style=" display: table-cell; vertical-align: bottom; width: 558.9pt; height: 31.05pt;">

				<!--[if IE]><TABLE><TR style=" width: 558.9pt; height: 31.05pt;"><TD vAlign="bottom" style=" width: 558.9pt; height: 31.05pt;"><![endif]-->
					<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: center; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;"> <br></FONT><FONT style=" text-transform: none; font-size: 10pt; font-family: Arial, sans-serif;">4</FONT></P>


				<!--[if IE]></TD></TR></TABLE><![endif]-->
				</DIV>

			</DIV>
			<DIV style=" border: 0pt; padding-top: 0pt; top: 31.05pt; left: 31.05pt; padding-left: 0pt; width: 558.9pt; padding-bottom: 0pt; position: absolute; padding-right: 0pt; height: 79.35pt;">
				<P style=" border-top: 1pt solid ; margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;">&#160;</FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;">Flaherty &amp; Crumrine Preferred and Income Opportunity Fund Incorporated</FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none; font-family: Arial, sans-serif;"><B>PORTFOLIO OF INVESTMENTS (Continued)</B></FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 10pt; font-family: Arial, sans-serif;"><B>February 29, 2024 (Unaudited)</B></FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; border-bottom: 1pt solid ; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;">&#160;</FONT></P>

			</DIV>
			<DIV style=" border: 0pt; padding-top: 0pt; top: 110.4pt; left: 31.05pt; padding-left: 0pt; width: 558.9pt; padding-bottom: 0pt; position: absolute; padding-right: 0pt; height: 531.3pt;">
				<DIV style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: 11pt; margin-top: 0pt; margin-bottom: 6pt; text-align: justify; margin-right: 0pt;">
					<TABLE STYLE="table-layout: fixed; width: 590pt; margin-top: 4pt; margin-bottom: 2pt; border-collapse: collapse">
						<TR style=" margin: 0; height: 0;">
							<TD STYLE="border-width: 0; margin: 0; padding: 0; width: 63.24pt">


							</TD>
							<TD STYLE="border-width: 0; margin: 0; padding: 0; width: 13.79pt">


							</TD>
							<TD STYLE="border-width: 0; margin: 0; padding: 0; width: 382.95pt">


							</TD>
							<TD STYLE="border-width: 0; margin: 0; padding: 0; width: 72.44pt">


							</TD>
							<TD STYLE="border-width: 0; margin: 0; padding: 0; width: 41.4pt">


							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 8pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: center; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>Shares/$ Par</B></FONT></P>

							</TD>
							<TD STYLE="border-top-width: 0pt; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"> </FONT></P>

							</TD>
							<TD STYLE="border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 8pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: center; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>Value</B></FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top-width: 0pt; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>Financial Services &#8212; 3.9% </B></FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top: #000000 0.5pt solid; border-bottom: #000000 0.5pt solid; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-top: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">419,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="border-top: #000000 0.5pt solid; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-top: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">AerCap Global Aviation Trust, 6.50% to 06/15/25 then <br>TSFR3M + 4.56161%, 06/15/45, 144A**** </FONT></P>

							</TD>
							<TD STYLE="border-top: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><A name="pfo-nport_022924a120"></A><FONT style=" text-transform: none;">416,103</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">1,960,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">AerCap Holdings NV, 5.875% to 10/10/24 then T5Y + 4.535%, 10/10/79 </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a121"></A><FONT style=" text-transform: none;">1,942,046</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">**</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(3)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Ally Financial, Inc.:</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">960,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">4.70% to 05/15/26 then T5Y + 3.868%, Series B </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a122"></A><FONT style=" text-transform: none;">826,246</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">650,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">4.70% to 05/15/28 then T7Y + 3.481%, Series C </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a123"></A><FONT style=" text-transform: none;">511,875</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">550,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">American Express Company, 3.55% to 09/15/26 then T5Y + 2.854%, Series D </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a124"></A><FONT style=" text-transform: none;">497,597</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">10,600</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Carlyle Finance LLC, 4.625% 05/15/61 </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a125"></A><FONT style=" text-transform: none;">209,244</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">610,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Discover Financial Services, 6.125% to 09/23/25 then T5Y + 5.783%, Series D </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a126"></A><FONT style=" text-transform: none;">615,044</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(3)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">General Motors Financial Company:</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">550,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">5.70% to 09/30/30 then T5Y + 4.997%, Series C </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a127"></A><FONT style=" text-transform: none;">517,126</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">195,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">5.75% to 09/30/27 then 3ML + 3.598%, Series A </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a128"></A><FONT style=" text-transform: none;">181,740</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">725,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">6.50% to 09/30/28 then 3ML + 3.436%, Series B </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a129"></A><FONT style=" text-transform: none;">684,519</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">14,000</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Raymond James Financial, Inc., 6.375% to 07/01/26 then <br>TSFR3M + 4.3496%, Series B </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a130"></A><FONT style=" text-transform: none;">353,640</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Stifel Financial Corp.:</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">16,000</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">4.50%, Series D </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a131"></A><FONT style=" text-transform: none;">291,200</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">20,000</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">6.25%, Series B </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a132"></A><FONT style=" text-transform: none;">491,400</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">21,880</FONT></P>

							</TD>
							<TD STYLE="border-top-width: 0pt; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">TPG Operating Group II LP, 6.95% 03/15/64 </FONT></P>

							</TD>
							<TD STYLE="border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a133"></A><FONT style=" text-transform: none;">553,236</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-top: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top: #000000 0.5pt solid; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"> </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top: #000000 0.5pt solid; border-bottom: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a134"></A><FONT style=" text-transform: none;">8,091,016</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="border-top-width: 0pt; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>Insurance &#8212; 19.1% </B></FONT></P>

							</TD>
							<TD STYLE="border-top: #000000 0.5pt solid; border-bottom: #000000 0.5pt solid; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-top: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">47,000</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top: #000000 0.5pt solid; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">American Equity Investment Life Holding Company, 5.95% to 12/01/24 then <br>T5Y + 4.322%, Series A </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a135"></A><FONT style=" text-transform: none;">1,119,070</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">1,500,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">American International Group, Inc., 8.175% to 05/15/38 then <br>3ML + 4.195%, 05/15/58, Series A-6 </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a136"></A><FONT style=" text-transform: none;">1,656,487</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(3)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">9,900</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Arch Capital Group, Ltd., 5.45%, Series F </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a137"></A><FONT style=" text-transform: none;">237,699</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">**</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">12,894</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Assurant, Inc., 5.25% 01/15/61 </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a138"></A><FONT style=" text-transform: none;">275,545</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Athene Holding Ltd.:</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">20,000</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">4.875%, Series D </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a140"></A><FONT style=" text-transform: none;">376,000</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">**</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">89,850</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">6.35% to 06/30/29 then 3ML + 4.253%, Series A </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a141"></A><FONT style=" text-transform: none;">2,212,107</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">**</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">8,786</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">6.375% to 09/30/25 then T5Y + 5.97%, Series C </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a142"></A><FONT style=" text-transform: none;">220,177</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">**</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">26,440</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">7.25% to 03/30/29 then T5Y + 2.986%, 03/30/64 </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a143"></A><FONT style=" text-transform: none;">661,000</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">15,962</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Axis Capital Holdings Ltd., 5.50%, Series E </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a144"></A><FONT style=" text-transform: none;">350,526</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">**</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">610,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">AXIS Specialty Finance LLC, 4.90% to 01/15/30 then T5Y + 3.186%, 01/15/40 </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a145"></A><FONT style=" text-transform: none;">536,635</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">&#160;</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>

					</TABLE>

				</DIV>

			</DIV>

		</DIV>
		<DIV style=" page-break-before: always;">
			<P style=" margin: 0pt; font-size: 5pt;">&#8203;</P>

		</DIV>
		<DIV style=" height: 803.8pt; width: 621.0pt; border-bottom: 2pt solid black; position: relative; overflow: hidden; margin: auto;">
			<DIV style=" border: 0pt; padding-top: 0pt; top: 741.7pt; left: 31.05pt; padding-left: 0pt; width: 558.9pt; padding-bottom: 0pt; position: absolute; padding-right: 0pt; height: 31.05pt;">
				<DIV style=" display: table-cell; vertical-align: bottom; width: 558.9pt; height: 31.05pt;">

				<!--[if IE]><TABLE><TR style=" width: 558.9pt; height: 31.05pt;"><TD vAlign="bottom" style=" width: 558.9pt; height: 31.05pt;"><![endif]-->
					<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: center; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;"> <br></FONT><FONT style=" text-transform: none; font-size: 10pt; font-family: Arial, sans-serif;">5</FONT></P>


				<!--[if IE]></TD></TR></TABLE><![endif]-->
				</DIV>

			</DIV>
			<DIV style=" border: 0pt; padding-top: 0pt; top: 31.05pt; left: 31.05pt; padding-left: 0pt; width: 558.9pt; padding-bottom: 0pt; position: absolute; padding-right: 0pt; height: 79.35pt;">
				<P style=" border-top: 1pt solid ; margin-left: 0pt; text-transform: none; color: #000000; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;">&#160;</FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;">Flaherty &amp; Crumrine Preferred and Income Opportunity Fund Incorporated</FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none; font-family: Arial, sans-serif;"><B>PORTFOLIO OF INVESTMENTS (Continued)</B></FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 10pt; font-family: Arial, sans-serif;"><B>February 29, 2024 (Unaudited)</B></FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; border-bottom: 1pt solid ; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;">&#160;</FONT></P>

			</DIV>
			<DIV style=" border: 0pt; padding-top: 0pt; top: 110.4pt; left: 31.05pt; padding-left: 0pt; width: 558.9pt; padding-bottom: 0pt; position: absolute; padding-right: 0pt; height: 531.3pt;">
				<DIV style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: 11pt; margin-top: 0pt; margin-bottom: 6pt; text-align: justify; margin-right: 0pt;">
					<TABLE STYLE="table-layout: fixed; width: 590pt; margin-top: 4pt; margin-bottom: 2pt; border-collapse: collapse">
						<TR style=" margin: 0; height: 0;">
							<TD STYLE="border-width: 0; margin: 0; padding: 0; width: 63.24pt">


							</TD>
							<TD STYLE="border-width: 0; margin: 0; padding: 0; width: 13.79pt">


							</TD>
							<TD STYLE="border-width: 0; margin: 0; padding: 0; width: 382.95pt">


							</TD>
							<TD STYLE="border-width: 0; margin: 0; padding: 0; width: 72.44pt">


							</TD>
							<TD STYLE="border-width: 0; margin: 0; padding: 0; width: 41.4pt">


							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 8pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: center; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>Shares/$ Par</B></FONT></P>

							</TD>
							<TD STYLE="border-top-width: 0pt; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"> </FONT></P>

							</TD>
							<TD STYLE="border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 8pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: center; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>Value</B></FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Chubb Ltd.:</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">1,127,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Ace Capital Trust II, 9.70% 04/01/30 </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><A name="pfo-nport_022924a146"></A><FONT style=" text-transform: none;">1,324,268</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(3)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">11,200</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">CNO Financial Group, Inc., 5.125% 11/25/60 </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a147"></A><FONT style=" text-transform: none;">192,528</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">129,700</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Delphi Financial Group, TSFR3M + 3.45161%, 8.7586%</FONT><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(4)</SUP><FONT style=" text-transform: none;">, 05/15/37 </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a148"></A><FONT style=" text-transform: none;">3,139,388</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(3)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Enstar Group Ltd.:</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">42,000</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">7.00% to 09/01/28 then 3ML + 4.015%, Series D </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a149"></A><FONT style=" text-transform: none;">1,065,960</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">**</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">490,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Enstar Finance LLC, 5.50% to 01/15/27 then T5Y + 4.006%, 01/15/42 </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a150"></A><FONT style=" text-transform: none;">442,567</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">400,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Enstar Finance LLC, 5.75% to 09/01/25 then T5Y + 5.468%, 09/01/40 </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a151"></A><FONT style=" text-transform: none;">384,470</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">110,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Equitable Holdings, Inc., 4.95% to 12/15/25 then T5Y + 4.736%, Series B </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a152"></A><FONT style=" text-transform: none;">106,929</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">1,031,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Everest Reinsurance Holdings, TSFR3M + 2.6466%, 7.9536%</FONT><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(4)</SUP><FONT style=" text-transform: none;">, 05/15/37 </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a153"></A><FONT style=" text-transform: none;">889,772</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(3)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">1,090,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Global Atlantic Fin Company, 4.70% to 10/15/26 then <br>T5Y + 3.796%, 10/15/51, 144A**** </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a154"></A><FONT style=" text-transform: none;">963,083</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(3)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">10,800</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Jackson Financial, Inc., 8.00% to 03/30/28 then T5Y + 3.728%, Series A </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a155"></A><FONT style=" text-transform: none;">289,980</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">700,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Kuvare US Holdings, Inc., 7.00% to 05/01/26 then <br>T5Y + 6.541%, 02/17/51, Series A, 144A**** </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a156"></A><FONT style=" text-transform: none;">710,500</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Liberty Mutual Group:</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">3,054,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">7.80% 03/15/37, 144A**** </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a157"></A><FONT style=" text-transform: none;">3,116,399</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(3)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">640,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">4.125% to 12/15/26 then T5Y + 3.315%, 12/15/51, 144A**** </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a158"></A><FONT style=" text-transform: none;">563,346</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Lincoln National Corporation:</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">14,500</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">9.00%, Series D </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a159"></A><FONT style=" text-transform: none;">405,130</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">360,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">9.25% to 03/01/28 then T5Y + 5.318%, Series C </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a160"></A><FONT style=" text-transform: none;">388,839</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">MetLife, Inc.:</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">3,350,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">9.25% 04/08/38, 144A**** </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a161"></A><FONT style=" text-transform: none;">3,825,747</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(3)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">2,370,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">10.75% 08/01/39 </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a162"></A><FONT style=" text-transform: none;">3,192,753</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(3)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">350,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">MetLife Capital Trust IV, 7.875% 12/15/37, 144A**** </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a163"></A><FONT style=" text-transform: none;">375,520</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Prudential Financial, Inc.:</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">725,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">6.00% to 09/01/32 then T5Y + 3.234%, 09/01/52 </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a164"></A><FONT style=" text-transform: none;">724,138</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">275,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">6.75% to 03/01/33 then T5Y + 2.848%, 03/01/53 </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a165"></A><FONT style=" text-transform: none;">286,334</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">37,160</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Reinsurance Group of America, Inc., 7.125% to 10/15/27 then <br>T5Y + 3.456%, 10/15/52 </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a166"></A><FONT style=" text-transform: none;">972,849</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">RenaissanceRe Holdings Ltd.:</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">23,000</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">4.20%, Series G </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a167"></A><FONT style=" text-transform: none;">427,340</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">**</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">7,926</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">5.75%, Series F </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a168"></A><FONT style=" text-transform: none;">195,297</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">**</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">SBL Holdings, Inc.:</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">1,025,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">6.50% to 11/13/26 then T5Y + 5.62%, Series B, 144A**** </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a169"></A><FONT style=" text-transform: none;">723,173</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(3)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">910,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">7.00% to 05/13/25 then T5Y + 5.58%, Series A, 144A**** </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a170"></A><FONT style=" text-transform: none;">671,125</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">&#160;</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>

					</TABLE>

				</DIV>

			</DIV>

		</DIV>
		<DIV style=" page-break-before: always;">
			<P style=" margin: 0pt; font-size: 5pt;">&#8203;</P>

		</DIV>
		<DIV style=" height: 803.8pt; width: 621.0pt; border-bottom: 2pt solid black; position: relative; overflow: hidden; margin: auto;">
			<DIV style=" border: 0pt; padding-top: 0pt; top: 741.7pt; left: 31.05pt; padding-left: 0pt; width: 558.9pt; padding-bottom: 0pt; position: absolute; padding-right: 0pt; height: 31.05pt;">
				<DIV style=" display: table-cell; vertical-align: bottom; width: 558.9pt; height: 31.05pt;">

				<!--[if IE]><TABLE><TR style=" width: 558.9pt; height: 31.05pt;"><TD vAlign="bottom" style=" width: 558.9pt; height: 31.05pt;"><![endif]-->
					<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: center; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;"> <br></FONT><FONT style=" text-transform: none; font-size: 10pt; font-family: Arial, sans-serif;">6</FONT></P>


				<!--[if IE]></TD></TR></TABLE><![endif]-->
				</DIV>

			</DIV>
			<DIV style=" border: 0pt; padding-top: 0pt; top: 31.05pt; left: 31.05pt; padding-left: 0pt; width: 558.9pt; padding-bottom: 0pt; position: absolute; padding-right: 0pt; height: 79.35pt;">
				<P style=" border-top: 1pt solid ; margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;">&#160;</FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;">Flaherty &amp; Crumrine Preferred and Income Opportunity Fund Incorporated</FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none; font-family: Arial, sans-serif;"><B>PORTFOLIO OF INVESTMENTS (Continued)</B></FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 10pt; font-family: Arial, sans-serif;"><B>February 29, 2024 (Unaudited)</B></FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; border-bottom: 1pt solid ; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;">&#160;</FONT></P>

			</DIV>
			<DIV style=" border: 0pt; padding-top: 0pt; top: 110.4pt; left: 31.05pt; padding-left: 0pt; width: 558.9pt; padding-bottom: 0pt; position: absolute; padding-right: 0pt; height: 531.3pt;">
				<DIV style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: 11pt; margin-top: 0pt; margin-bottom: 6pt; text-align: justify; margin-right: 0pt;">
					<TABLE STYLE="table-layout: fixed; width: 590pt; margin-top: 4pt; margin-bottom: 2pt; border-collapse: collapse">
						<TR style=" margin: 0; height: 0;">
							<TD STYLE="border-width: 0; margin: 0; padding: 0; width: 63.24pt">


							</TD>
							<TD STYLE="border-width: 0; margin: 0; padding: 0; width: 13.79pt">


							</TD>
							<TD STYLE="border-width: 0; margin: 0; padding: 0; width: 382.95pt">


							</TD>
							<TD STYLE="border-width: 0; margin: 0; padding: 0; width: 72.44pt">


							</TD>
							<TD STYLE="border-width: 0; margin: 0; padding: 0; width: 41.4pt">


							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 8pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: center; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>Shares/$ Par</B></FONT></P>

							</TD>
							<TD STYLE="border-top-width: 0pt; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"> </FONT></P>

							</TD>
							<TD STYLE="border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 8pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: center; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>Value</B></FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Unum Group:</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">4,944,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Provident Financing Trust I, 7.405% 03/15/38 </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><A name="pfo-nport_022924a171"></A><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">5,440,702</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">23,000</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top-width: 0pt; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Voya Financial, Inc., 5.35% to 09/15/29 then T5Y + 3.21%, Series B </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a172"></A><FONT style=" text-transform: none;">572,930</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-top: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="border-top: #000000 0.5pt solid; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-top: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"> </FONT></P>

							</TD>
							<TD STYLE="border-top: #000000 0.5pt solid; border-bottom: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a173"></A><FONT style=" text-transform: none;">39,036,313</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top-width: 0pt; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>Utilities &#8212; 7.9% </B></FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top: #000000 0.5pt solid; border-bottom: #000000 0.5pt solid; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-top: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="border-top: #000000 0.5pt solid; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-top: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Algonquin Power &amp; Utilities Corporation:</FONT></P>

							</TD>
							<TD STYLE="border-top: #000000 0.5pt solid; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">900,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">4.75% to 04/18/27 then T5Y + 3.249%, 01/18/82, Series 2022-B </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a175"></A><FONT style=" text-transform: none;">779,726</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">58,330</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">6.20% to 07/01/24 then 3ML + 4.01%, 07/01/79, Series 2019-A </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a176"></A><FONT style=" text-transform: none;">1,472,832</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">200,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">American Electric Power Company, Inc., 3.875% to 02/15/27 then <br>T5Y + 2.675%, 02/15/62 </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a177"></A><FONT style=" text-transform: none;">178,907</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Commonwealth Edison:</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">2,102,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">COMED Financing III, 6.35% 03/15/33 </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a178"></A><FONT style=" text-transform: none;">2,093,229</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(3)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">515,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Dominion Energy, Inc., 4.35% to 04/15/27 then T5Y + 3.195%, Series C </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a179"></A><FONT style=" text-transform: none;">483,002</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Edison International:</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">1,245,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">5.00% to 03/15/27 then T5Y + 3.901%, Series B </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a180"></A><FONT style=" text-transform: none;">1,185,262</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(3)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">385,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">5.375% to 03/15/26 then T5Y + 4.698%, Series A </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a181"></A><FONT style=" text-transform: none;">372,046</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">2,030,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Emera, Inc., 6.75% to 06/15/26 then 3ML + 5.44%, 06/15/76, Series 2016-A </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a182"></A><FONT style=" text-transform: none;">1,996,788</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(3)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">NextEra Energy:</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">NextEra Energy Capital Holdings, Inc.:</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">345,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 31.05pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none; font-family: Arial, sans-serif;">6.70% to 09/01/29 then T5Y + 2.364%, 09/01/54</FONT><FONT style=" text-transform: none; font-family: Arial, sans-serif;">, Series Q</FONT><FONT style=" text-transform: none; font-family: Arial, sans-serif;"> </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a183"></A><FONT style=" text-transform: none;">344,524</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">293,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 31.05pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none; font-family: Arial, sans-serif;">TSFR3M + 2.38661%, 7.77124%</FONT><SUP style=" text-transform: none; font-size: 7.0pt; font-family: Arial, sans-serif; line-height: 7.0pt;">(4)</SUP><FONT style=" text-transform: none; font-family: Arial, sans-serif;">, 06/15/67, Series C </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a184"></A><FONT style=" text-transform: none;">279,036</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(3)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">28,000</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">NiSource, Inc., 6.50% to 03/15/24 then T5Y + 3.632%, Series B </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a185"></A><FONT style=" text-transform: none;">698,880</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">PECO Energy:</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">1,500,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">PECO Energy Capital Trust III, 7.38% 04/06/28, Series D </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a186"></A><FONT style=" text-transform: none;">1,534,375</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(3)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Sempra:</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">950,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">4.125% to 04/01/27 then T5Y + 2.868%, 04/01/52 </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a187"></A><FONT style=" text-transform: none;">876,347</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(3)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">950,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">4.875% to 10/15/25 then T5Y + 4.55%, Series C </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a188"></A><FONT style=" text-transform: none;">932,382</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(3)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Southern California Edison:</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">580,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">TSFR3M + 4.46061%, 9.76704%</FONT><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(4)</SUP><FONT style=" text-transform: none;">, Series E </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a189"></A><FONT style=" text-transform: none;">584,606</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">121</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">SCE Trust II, 5.10%, Series G </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a190"></A><FONT style=" text-transform: none;">2,553</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">31,470</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">SCE Trust V, 5.45% to 03/15/26 then TSFR3M + 4.05161%, Series K </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a191"></A><FONT style=" text-transform: none;">777,624</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">29,700</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">SCE Trust VII, 7.50%, Series M </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a192"></A><FONT style=" text-transform: none;">797,445</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">625,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Southern Company, 3.75% to 09/15/26 then T5Y + 2.915%, 09/15/51, Series 2021-A</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a193"></A><FONT style=" text-transform: none;">587,355</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(3)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">130,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top-width: 0pt; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Vistra Corporation, 7.00% to 12/15/26 then T5Y + 5.74%, Series B, 144A**** </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a194"></A><FONT style=" text-transform: none;">125,930</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-top: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="border-top: #000000 0.5pt solid; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-top: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"> </FONT></P>

							</TD>
							<TD STYLE="border-top: #000000 0.5pt solid; border-bottom: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a195"></A><FONT style=" text-transform: none;">16,102,849</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>

					</TABLE>

				</DIV>

			</DIV>

		</DIV>
		<DIV style=" page-break-before: always;">
			<P style=" margin: 0pt; font-size: 5pt;">&#8203;</P>

		</DIV>
		<DIV style=" height: 803.8pt; width: 621.0pt; border-bottom: 2pt solid black; position: relative; overflow: hidden; margin: auto;">
			<DIV style=" border: 0pt; padding-top: 0pt; top: 741.7pt; left: 31.05pt; padding-left: 0pt; width: 558.9pt; padding-bottom: 0pt; position: absolute; padding-right: 0pt; height: 31.05pt;">
				<DIV style=" display: table-cell; vertical-align: bottom; width: 558.9pt; height: 31.05pt;">

				<!--[if IE]><TABLE><TR style=" width: 558.9pt; height: 31.05pt;"><TD vAlign="bottom" style=" width: 558.9pt; height: 31.05pt;"><![endif]-->
					<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: center; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;"> <br></FONT><FONT style=" text-transform: none; font-size: 10pt; font-family: Arial, sans-serif;">7</FONT></P>


				<!--[if IE]></TD></TR></TABLE><![endif]-->
				</DIV>

			</DIV>
			<DIV style=" border: 0pt; padding-top: 0pt; top: 31.05pt; left: 31.05pt; padding-left: 0pt; width: 558.9pt; padding-bottom: 0pt; position: absolute; padding-right: 0pt; height: 79.35pt;">
				<P style=" border-top: 1pt solid ; margin-left: 0pt; text-transform: none; color: #000000; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;">&#160;</FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;">Flaherty &amp; Crumrine Preferred and Income Opportunity Fund Incorporated</FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none; font-family: Arial, sans-serif;"><B>PORTFOLIO OF INVESTMENTS (Continued)</B></FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 10pt; font-family: Arial, sans-serif;"><B>February 29, 2024 (Unaudited)</B></FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; border-bottom: 1pt solid ; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;">&#160;</FONT></P>

			</DIV>
			<DIV style=" border: 0pt; padding-top: 0pt; top: 110.4pt; left: 31.05pt; padding-left: 0pt; width: 558.9pt; padding-bottom: 0pt; position: absolute; padding-right: 0pt; height: 531.3pt;">
				<DIV style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: 11pt; margin-top: 0pt; margin-bottom: 6pt; text-align: justify; margin-right: 0pt;">
					<TABLE STYLE="table-layout: fixed; width: 590pt; margin-top: 4pt; margin-bottom: 2pt; border-collapse: collapse">
						<TR style=" margin: 0; height: 0;">
							<TD STYLE="border-width: 0; margin: 0; padding: 0; width: 63.24pt">


							</TD>
							<TD STYLE="border-width: 0; margin: 0; padding: 0; width: 13.79pt">


							</TD>
							<TD STYLE="border-width: 0; margin: 0; padding: 0; width: 382.95pt">


							</TD>
							<TD STYLE="border-width: 0; margin: 0; padding: 0; width: 72.44pt">


							</TD>
							<TD STYLE="border-width: 0; margin: 0; padding: 0; width: 41.4pt">


							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 8pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: center; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>Shares/$ Par</B></FONT></P>

							</TD>
							<TD STYLE="border-top-width: 0pt; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"> </FONT></P>

							</TD>
							<TD STYLE="border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 8pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: center; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>Value</B></FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top-width: 0pt; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>Energy &#8212; 5.5% </B></FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top: #000000 0.5pt solid; border-bottom: #000000 0.5pt solid; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-top: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="border-top: #000000 0.5pt solid; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-top: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Enbridge, Inc.:</FONT></P>

							</TD>
							<TD STYLE="border-top: #000000 0.5pt solid; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">275,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">5.75% to 07/15/30 then T5Y + 5.314%, 07/15/80, Series 2020-A </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><A name="pfo-nport_022924a196"></A><FONT style=" text-transform: none;">256,793</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">1,030,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">6.00% to 01/15/27 then TSFR3M + 4.15161%, 01/15/77, Series 2016-A </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a197"></A><FONT style=" text-transform: none;">1,002,608</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(3)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">680,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">8.50% to 01/15/34 then T5Y + 4.431%, 01/15/84, Series 2023-B </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a198"></A><FONT style=" text-transform: none;">726,797</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Energy Transfer LP:</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">1,025,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">7.125% to 05/15/30 then T5Y + 5.306%, Series G </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a199"></A><FONT style=" text-transform: none;">990,530</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(3)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">144,300</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">7.60% to 05/15/24 then TSFR3M + 5.4226%, Series E </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a200"></A><FONT style=" text-transform: none;">3,636,360</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(3)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">750,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">8.00% to 05/15/29 then T5Y + 4.02%, 05/15/54 </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a201"></A><FONT style=" text-transform: none;">779,891</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">500,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Enterprise Products Operating L.P., 5.25% to 08/16/27 then <br>TSFR3M + 3.29461%, 08/16/77, Series E </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a202"></A><FONT style=" text-transform: none;">475,566</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(3)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">31,500</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">NuStar Logistics LP, TSFR3M + 6.99561%, 12.3096%</FONT><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(4)</SUP><FONT style=" text-transform: none;">, 01/15/43 </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a203"></A><FONT style=" text-transform: none;">819,945</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Transcanada Pipelines, Ltd.:</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">1,550,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">5.50% to 09/15/29 then TSFR3M + 4.41561%, 09/15/79 </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a204"></A><FONT style=" text-transform: none;">1,391,790</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">1,343,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="border-top-width: 0pt; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">5.875% to 08/15/26 then 3ML + 4.64%, 08/15/76, Series 2016-A </FONT></P>

							</TD>
							<TD STYLE="border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a205"></A><FONT style=" text-transform: none;">1,291,376</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(3)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-top: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top: #000000 0.5pt solid; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"> </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top: #000000 0.5pt solid; border-bottom: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a206"></A><FONT style=" text-transform: none;">11,371,656</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="border-top-width: 0pt; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>Communication &#8212; 1.0% </B></FONT></P>

							</TD>
							<TD STYLE="border-top: #000000 0.5pt solid; border-bottom: #000000 0.5pt solid; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-top: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">395,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top: #000000 0.5pt solid; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">British Telecommunications PLC, 4.875% to 11/23/31 then <br>T5Y + 3.493%, 11/23/81, 144A**** </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a208"></A><FONT style=" text-transform: none;">348,303</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(3)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">1,270,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Paramount Global, 6.375% to 03/30/27 then T5Y + 3.999%, 03/30/62 </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a209"></A><FONT style=" text-transform: none;">1,102,919</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(3)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">650,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top-width: 0pt; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Vodafone Group PLC, 7.00% to 04/04/29 then SW5 + 4.873%, 04/04/79 </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a210"></A><FONT style=" text-transform: none;">666,936</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-top: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="border-top: #000000 0.5pt solid; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-top: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"> </FONT></P>

							</TD>
							<TD STYLE="border-top: #000000 0.5pt solid; border-bottom: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a211"></A><FONT style=" text-transform: none;">2,118,158</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top-width: 0pt; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>Real Estate Investment Trust (REIT) &#8212; 1.5% </B></FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top: #000000 0.5pt solid; border-bottom: #000000 0.5pt solid; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-top: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">3,110</FONT></P>

							</TD>
							<TD STYLE="border-top: #000000 0.5pt solid; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-top: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Annaly Capital Management, Inc., TSFR3M + 5.2546%, 10.58477%</FONT><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(4)</SUP><FONT style=" text-transform: none;">, Series F </FONT></P>

							</TD>
							<TD STYLE="border-top: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a212"></A><FONT style=" text-transform: none;">78,061</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Arbor Realty Trust, Inc.:</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">5,189</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">6.375%, Series D </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a213"></A><FONT style=" text-transform: none;">93,713</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">53,931</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">6.25% to 10/30/26 then TSFR3M + 5.44%, Series F </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a214"></A><FONT style=" text-transform: none;">1,023,611</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">61,284</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">KKR Real Estate Finance Trust, Inc., 6.50%, Series A </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a215"></A><FONT style=" text-transform: none;">1,124,561</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">21,000</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">New York Mortgage Trust, Inc., 6.875% to 10/15/26 then </FONT><FONT style=" text-transform: none;">TSFR3M + 6.13%, Series F </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a216"></A><FONT style=" text-transform: none;">411,810</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">20,500</FONT></P>

							</TD>
							<TD STYLE="border-top-width: 0pt; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">TPG RE Finance Trust, Inc., 6.25%, Series C </FONT></P>

							</TD>
							<TD STYLE="border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a217"></A><FONT style=" text-transform: none;">335,585</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-top: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top: #000000 0.5pt solid; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"> </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top: #000000 0.5pt solid; border-bottom: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a218"></A><FONT style=" text-transform: none;">3,067,341</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="border-top-width: 0pt; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>Miscellaneous Industries &#8212; 2.2% </B></FONT></P>

							</TD>
							<TD STYLE="border-top: #000000 0.5pt solid; border-bottom: #000000 0.5pt solid; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-top: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">32,680</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top: #000000 0.5pt solid; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Apollo Global Management, Inc., 7.625% to 12/15/28 then T5Y + 3.226%, 09/15/53 </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a219"></A><FONT style=" text-transform: none;">874,190</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">300,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Apollo Management Holdings LP, 4.95% to 12/17/24 then <br>T5Y + 3.266%, 01/14/50, 144A**** </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a220"></A><FONT style=" text-transform: none;">279,895</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(3)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">&#160;</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>

					</TABLE>

				</DIV>

			</DIV>

		</DIV>
		<DIV style=" page-break-before: always;">
			<P style=" margin: 0pt; font-size: 5pt;">&#8203;</P>

		</DIV>
		<DIV style=" height: 803.8pt; width: 621.0pt; border-bottom: 2pt solid black; position: relative; overflow: hidden; margin: auto;">
			<DIV style=" border: 0pt; padding-top: 0pt; top: 741.7pt; left: 31.05pt; padding-left: 0pt; width: 558.9pt; padding-bottom: 0pt; position: absolute; padding-right: 0pt; height: 31.05pt;">
				<DIV style=" display: table-cell; vertical-align: bottom; width: 558.9pt; height: 31.05pt;">

				<!--[if IE]><TABLE><TR style=" width: 558.9pt; height: 31.05pt;"><TD vAlign="bottom" style=" width: 558.9pt; height: 31.05pt;"><![endif]-->
					<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: center; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;"> <br></FONT><FONT style=" text-transform: none; font-size: 10pt; font-family: Arial, sans-serif;">8</FONT></P>


				<!--[if IE]></TD></TR></TABLE><![endif]-->
				</DIV>

			</DIV>
			<DIV style=" border: 0pt; padding-top: 0pt; top: 31.05pt; left: 31.05pt; padding-left: 0pt; width: 558.9pt; padding-bottom: 0pt; position: absolute; padding-right: 0pt; height: 79.35pt;">
				<P style=" border-top: 1pt solid ; margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;">&#160;</FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;">Flaherty &amp; Crumrine Preferred and Income Opportunity Fund Incorporated</FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none; font-family: Arial, sans-serif;"><B>PORTFOLIO OF INVESTMENTS (Continued)</B></FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 10pt; font-family: Arial, sans-serif;"><B>February 29, 2024 (Unaudited)</B></FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; border-bottom: 1pt solid ; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;">&#160;</FONT></P>

			</DIV>
			<DIV style=" border: 0pt; padding-top: 0pt; top: 110.4pt; left: 31.05pt; padding-left: 0pt; width: 558.9pt; padding-bottom: 0pt; position: absolute; padding-right: 0pt; height: 531.3pt;">
				<DIV style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: 11pt; margin-top: 0pt; margin-bottom: 6pt; text-align: justify; margin-right: 0pt;">
					<TABLE STYLE="table-layout: fixed; width: 590pt; margin-top: 4pt; margin-bottom: 2pt; border-collapse: collapse">
						<TR style=" margin: 0; height: 0;">
							<TD style=" border: 0; padding: 0; margin: 0; width: 63.24999999999999pt;">


							</TD>
							<TD style=" border: 0; padding: 0; margin: 0; width: 13.799999999999999pt;">


							</TD>
							<TD style=" border: 0; padding: 0; margin: 0; width: 382.95pt;">


							</TD>
							<TD style=" border: 0; padding: 0; margin: 0; width: 72.44999999999999pt;">


							</TD>
							<TD style=" border: 0; padding: 0; margin: 0; width: 41.4pt;">


							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0.5pt solid #000000; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 8pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: center; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>Shares/$ Par</B></FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0.5pt solid #000000; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0.5pt solid #000000; padding-right: 0pt;">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"> </FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0.5pt solid #000000; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 8pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: center; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>Value</B></FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Land O&#8217; Lakes, Inc.:</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">240,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">7.25%, Series B, 144A**** </FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><A name="pfo-nport_022924a221"></A><FONT style=" text-transform: none;">193,800</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0.5pt solid #000000; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">3,630,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0.5pt solid #000000; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0.5pt solid #000000; padding-right: 0pt;">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">8.00%, Series A, 144A**** </FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0.5pt solid #000000; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a222"></A><FONT style=" text-transform: none;">3,126,337</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">*</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" border-top: 0.5pt solid #000000; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD style=" border-top: 0.5pt solid #000000; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0.5pt solid #000000; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"> </FONT></P>

							</TD>
							<TD style=" border-top: 0.5pt solid #000000; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0.5pt solid #000000; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a223"></A><FONT style=" text-transform: none;">4,474,222</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>Total Preferred Stock &amp; Hybrid Preferred Securities</B></FONT><FONT style=" text-transform: none;"><br>(Cost $163,753,814) </FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0.5pt solid #000000; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0.5pt solid #000000; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a224"></A><FONT style=" text-transform: none;">156,652,355</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"> </FONT></P>

							</TD>
							<TD style=" border-top: 0.5pt solid #000000; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;" colspan="3">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>Contingent Capital Securities</B></FONT><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;"><B>&#8224;</B></SUP><FONT style=" text-transform: none;"><B> &#8212; 19.1%</B></FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;"> </SUP></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0.5pt solid #000000; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0.5pt solid #000000; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0.5pt solid #000000; padding-right: 0pt;">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>Banking &#8212; 18.9% </B></FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0.5pt solid #000000; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" background-color: #cceeff; border-top: 0.5pt solid #000000; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0.5pt solid #000000; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0.5pt solid #000000; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Banco Bilbao Vizcaya Argentaria SA:</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0.5pt solid #000000; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">2,200,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">6.125% to 11/16/27 then SW5 + 3.87% </FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a225"></A><FONT style=" text-transform: none;">1,989,811</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">**</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(3)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">600,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">6.50% to 03/05/25 then T5Y + 5.192%, Series 9 </FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a226"></A><FONT style=" text-transform: none;">592,762</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">**</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">1,400,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">9.375% to 09/19/29 then T5Y + 5.099%, Series 12 </FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a227"></A><FONT style=" text-transform: none;">1,480,836</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">**</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Banco Mercantil del Norte SA:</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">550,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">6.625% to 01/24/32 then T10Y + 5.034%, 144A**** </FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a228"></A><FONT style=" text-transform: none;">482,518</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">**</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">420,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">7.50% to 06/27/29 then T10Y + 5.47%, 144A**** </FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a229"></A><FONT style=" text-transform: none;">411,916</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">**</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">490,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">7.625% to 01/10/28 then T10Y + 5.353%, 144A**** </FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a230"></A><FONT style=" text-transform: none;">479,303</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">**</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Banco Santander SA:</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">4,200,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">4.75% to 05/12/27 then T5Y + 3.753%, 144A**** </FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a231"></A><FONT style=" text-transform: none;">3,592,111</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">**</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(3)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">1,200,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">9.625% to 11/21/33 then T5Y + 5.298%, 144A**** </FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a232"></A><FONT style=" text-transform: none;">1,288,162</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">**</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">645,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Bank of Montreal, 7.70% to 05/26/29 then T5Y + 3.452%, 05/26/84</FONT><FONT style=" text-transform: none;">, Series 4</FONT><FONT style=" text-transform: none;"> </FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a233"></A><FONT style=" text-transform: none;">645,000</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">**</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">720,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Bank of Nova Scotia, 8.00% to 01/27/29 then T5Y + 4.017%, 01/27/84</FONT><FONT style=" text-transform: none;">, Series 5</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a234"></A><FONT style=" text-transform: none;">728,861</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">**</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Barclays Bank PLC:</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">325,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">4.375% to 09/15/28 then T5Y + 3.41% </FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a235"></A><FONT style=" text-transform: none;">256,128</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">**</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">1,480,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">6.125% to 06/15/26 then T5Y + 5.867% </FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a236"></A><FONT style=" text-transform: none;">1,410,924</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">**</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(3)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">1,475,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">8.00% to 06/15/24 then T5Y + 5.672% </FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a237"></A><FONT style=" text-transform: none;">1,475,252</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">**</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">330,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">8.00% to 09/15/29 then T5Y + 5.431% </FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a238"></A><FONT style=" text-transform: none;">325,076</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">**</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(3)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">535,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">9.625% to 06/15/30 then SOFR5Y + 5.775% </FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a239"></A><FONT style=" text-transform: none;">554,494</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">**</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">480,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">BBVA Bancomer SA, 5.875% to 09/13/29 then T5Y + 4.308%, 09/13/34, 144A**** </FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a240"></A><FONT style=" text-transform: none;">444,058</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(3)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">BNP Paribas:</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">325,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">4.625% to 02/25/31 then T5Y + 3.34%, 144A**** </FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a242"></A><FONT style=" text-transform: none;">260,971</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">**</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">4,661,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">7.375% to 08/19/25 then SW5 + 5.15%, 144A**** </FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a243"></A><FONT style=" text-transform: none;">4,678,479</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">**</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">660,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">7.75% to 08/16/29 then T5Y + 4.899%, 144A**** </FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a244"></A><FONT style=" text-transform: none;">666,280</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">**</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">240,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">8.50% to 08/14/28 then T5Y + 4.354%, 144A**** </FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a245"></A><FONT style=" text-transform: none;">248,093</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">**</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">380,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">9.25% to 11/17/27 then T5Y + 4.969%, 144A**** </FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a246"></A><FONT style=" text-transform: none;">404,698</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">**</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">330,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Credit Agricole SA, 4.75% to 09/23/29 then T5Y + 3.237%, 144A**** </FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a247"></A><FONT style=" text-transform: none;">284,730</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">**</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">400,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Deutsche Bank AG, 6.00% to 04/30/26 then T5Y + 4.524% </FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a248"></A><FONT style=" text-transform: none;">354,360</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">**</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">&#160;</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>

					</TABLE>

				</DIV>

			</DIV>

		</DIV>
		<DIV style=" page-break-before: always;">
			<P style=" margin: 0pt; font-size: 5pt;">&#8203;</P>

		</DIV>
		<DIV style=" height: 803.8pt; width: 621.0pt; border-bottom: 2pt solid black; position: relative; overflow: hidden; margin: auto;">
			<DIV style=" border: 0pt; padding-top: 0pt; top: 741.7pt; left: 31.05pt; padding-left: 0pt; width: 558.9pt; padding-bottom: 0pt; position: absolute; padding-right: 0pt; height: 31.05pt;">
				<DIV style=" display: table-cell; vertical-align: bottom; width: 558.9pt; height: 31.05pt;">

				<!--[if IE]><TABLE><TR style=" width: 558.9pt; height: 31.05pt;"><TD vAlign="bottom" style=" width: 558.9pt; height: 31.05pt;"><![endif]-->
					<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: center; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;"> <br></FONT><FONT style=" text-transform: none; font-size: 10pt; font-family: Arial, sans-serif;">9</FONT></P>


				<!--[if IE]></TD></TR></TABLE><![endif]-->
				</DIV>

			</DIV>
			<DIV style=" border: 0pt; padding-top: 0pt; top: 31.05pt; left: 31.05pt; padding-left: 0pt; width: 558.9pt; padding-bottom: 0pt; position: absolute; padding-right: 0pt; height: 79.35pt;">
				<P style=" border-top: 1pt solid ; margin-left: 0pt; text-transform: none; color: #000000; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;">&#160;</FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;">Flaherty &amp; Crumrine Preferred and Income Opportunity Fund Incorporated</FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none; font-family: Arial, sans-serif;"><B>PORTFOLIO OF INVESTMENTS (Continued)</B></FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 10pt; font-family: Arial, sans-serif;"><B>February 29, 2024 (Unaudited)</B></FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; border-bottom: 1pt solid ; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;">&#160;</FONT></P>

			</DIV>
			<DIV style=" border: 0pt; padding-top: 0pt; top: 110.4pt; left: 31.05pt; padding-left: 0pt; width: 558.9pt; padding-bottom: 0pt; position: absolute; padding-right: 0pt; height: 531.3pt;">
				<DIV style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: 11pt; margin-top: 0pt; margin-bottom: 6pt; text-align: justify; margin-right: 0pt;">
					<TABLE STYLE="table-layout: fixed; width: 590pt; margin-top: 4pt; margin-bottom: 2pt; border-collapse: collapse">
						<TR style=" margin: 0; height: 0;">
							<TD STYLE="border-width: 0; margin: 0; padding: 0; width: 63.24pt">


							</TD>
							<TD STYLE="border-width: 0; margin: 0; padding: 0; width: 13.79pt">


							</TD>
							<TD STYLE="border-width: 0; margin: 0; padding: 0; width: 382.95pt">


							</TD>
							<TD STYLE="border-width: 0; margin: 0; padding: 0; width: 72.44pt">


							</TD>
							<TD STYLE="border-width: 0; margin: 0; padding: 0; width: 41.4pt">


							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 8pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: center; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>Shares/$ Par</B></FONT></P>

							</TD>
							<TD STYLE="border-top-width: 0pt; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"> </FONT></P>

							</TD>
							<TD STYLE="border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 8pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: center; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>Value</B></FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">HSBC Holdings PLC:</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">325,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">6.00% to 05/22/27 then ISDA5 + 3.746% </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><A name="pfo-nport_022924a249"></A><FONT style=" text-transform: none;">308,321</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">**</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">3,430,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">6.50% to 03/23/28 then ISDA5 + 3.606% </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a250"></A><FONT style=" text-transform: none;">3,281,476</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">**</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(3)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">525,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">ING Groep NV, 3.875% to 11/16/27 then T5Y + 2.862% </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a251"></A><FONT style=" text-transform: none;">427,935</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">**</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(3)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Lloyds Banking Group PLC:</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">200,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">7.50% to 09/27/25 then SW5 + 4.496% </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a252"></A><FONT style=" text-transform: none;">197,498</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">**</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">1,650,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">8.00% to 03/27/30 then T5Y + 3.913% </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a253"></A><FONT style=" text-transform: none;">1,628,488</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">**</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(3)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">500,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Macquarie Bank Ltd., 6.125% to 03/08/27 then SW5 + 3.703%, 144A**** </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a254"></A><FONT style=" text-transform: none;">476,829</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">**</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">275,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">NatWest Group PLC, 4.60% to 12/28/31 then T5Y + 3.10% </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a255"></A><FONT style=" text-transform: none;">207,094</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">**</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Societe Generale SA:</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">700,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">4.75% to 05/26/26 then T5Y + 3.931%, 144A**** </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a256"></A><FONT style=" text-transform: none;">618,430</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">**</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">700,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">5.375% to 11/18/30 then T5Y + 4.514%, 144A**** </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a257"></A><FONT style=" text-transform: none;">566,455</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">**</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(3)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">300,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">6.75% to 04/06/28 then SW5 + 3.929%, 144A**** </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a258"></A><FONT style=" text-transform: none;">265,189</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">**</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">4,400,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">9.375% to 05/22/28 then T5Y + 5.385%, 144A**** </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a259"></A><FONT style=" text-transform: none;">4,534,772</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">**</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(3)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Standard Chartered PLC:</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">300,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">4.75% to 07/14/31 then T5Y + 3.805%, 144A**** </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a260"></A><FONT style=" text-transform: none;">243,239</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">**</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">1,650,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">7.75% to 02/15/28 then T5Y + 4.976%, 144A**** </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a261"></A><FONT style=" text-transform: none;">1,666,543</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">**</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(3)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">UBS Group AG:</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">475,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">4.375% to 02/10/31 then T5Y + 3.313%, 144A**** </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a262"></A><FONT style=" text-transform: none;">380,582</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">**</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">580,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">4.875% to 02/12/27 then T5Y + 3.404%, 144A**** </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a263"></A><FONT style=" text-transform: none;">529,510</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">**</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">200,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top-width: 0pt; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">9.25% to 11/13/33 then T5Y + 4.758%, 144A**** </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a264"></A><FONT style=" text-transform: none;">221,473</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">**</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-top: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="border-top: #000000 0.5pt solid; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-top: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"> </FONT></P>

							</TD>
							<TD STYLE="border-top: #000000 0.5pt solid; border-bottom: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a265"></A><FONT style=" text-transform: none;">38,608,657</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top-width: 0pt; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>Insurance &#8212; 0.2% </B></FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top: #000000 0.5pt solid; border-bottom: #000000 0.5pt solid; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-top: #000000 0.5pt solid; border-bottom: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">475,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="border-top: #000000 0.5pt solid; border-bottom: #000000 0.5pt solid; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-top: #000000 0.5pt solid; border-bottom: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">QBE Insurance Group Ltd., 5.875% to 05/12/25 then T5Y + 5.513%, 144A**** </FONT></P>

							</TD>
							<TD STYLE="border-top: #000000 0.5pt solid; border-bottom: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a266"></A><FONT style=" text-transform: none;">468,910</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">**</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(1)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(5)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-top: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top: #000000 0.5pt solid; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"> </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top: #000000 0.5pt solid; border-bottom: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a267"></A><FONT style=" text-transform: none;">468,910</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>Total Contingent Capital Securities</B></FONT><FONT style=" text-transform: none;"><br>(Cost $40,773,013) </FONT></P>

							</TD>
							<TD STYLE="border-top: #000000 0.5pt solid; border-bottom: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a268"></A><FONT style=" text-transform: none;">39,077,567</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"> </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top: #000000 0.5pt solid; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;" colspan="3">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>Corporate Debt Securities</B></FONT><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;"><B>&#167;</B></SUP><FONT style=" text-transform: none;"><B> &#8212; 1.7%</B></FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;"> </SUP></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top-width: 0pt; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>Banking &#8212; 0.2% </B></FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top-width: 0pt; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-top: #000000 0.5pt solid; border-bottom: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">17,100</FONT></P>

							</TD>
							<TD STYLE="border-top: #000000 0.5pt solid; border-bottom: #000000 0.5pt solid; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-top: #000000 0.5pt solid; border-bottom: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Zions Bancorporation, TSFR3M + 4.1516%, 9.53624%</FONT><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(4)</SUP><FONT style=" text-transform: none;">, 09/15/28, Sub Notes </FONT></P>

							</TD>
							<TD STYLE="border-top: #000000 0.5pt solid; border-bottom: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a269"></A><FONT style=" text-transform: none;">432,972</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-top: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top: #000000 0.5pt solid; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"> </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top: #000000 0.5pt solid; border-bottom: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a270"></A><FONT style=" text-transform: none;">432,972</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="border-top-width: 0pt; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>Insurance &#8212; 1.2% </B></FONT></P>

							</TD>
							<TD STYLE="border-top: #000000 0.5pt solid; border-bottom: #000000 0.5pt solid; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-top: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">1,850,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top: #000000 0.5pt solid; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Liberty Mutual Insurance, 7.697% 10/15/97, 144A**** </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a271"></A><FONT style=" text-transform: none;">2,145,863</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(2)</SUP><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;">(3)</SUP><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">340,000</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="border-top-width: 0pt; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Universal Insurance Holdings, Inc., 5.625% 11/30/26 </FONT></P>

							</TD>
							<TD STYLE="border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a272"></A><FONT style=" text-transform: none;">315,123</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-top: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top: #000000 0.5pt solid; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"> </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top: #000000 0.5pt solid; border-bottom: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a273"></A><FONT style=" text-transform: none;">2,460,986</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>

					</TABLE>

				</DIV>

			</DIV>

		</DIV>
		<DIV style=" page-break-before: always;">
			<P style=" margin: 0pt; font-size: 5pt;">&#8203;</P>

		</DIV>
		<DIV style=" height: 803.8pt; width: 621.0pt; border-bottom: 2pt solid black; position: relative; overflow: hidden; margin: auto;">
			<DIV style=" border: 0pt; padding-top: 0pt; top: 741.7pt; left: 31.05pt; padding-left: 0pt; width: 558.9pt; padding-bottom: 0pt; position: absolute; padding-right: 0pt; height: 31.05pt;">
				<DIV style=" display: table-cell; vertical-align: bottom; width: 558.9pt; height: 31.05pt;">

				<!--[if IE]><TABLE><TR style=" width: 558.9pt; height: 31.05pt;"><TD vAlign="bottom" style=" width: 558.9pt; height: 31.05pt;"><![endif]-->
					<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: center; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;"> <br></FONT><FONT style=" text-transform: none; font-size: 10pt; font-family: Arial, sans-serif;">10</FONT></P>


				<!--[if IE]></TD></TR></TABLE><![endif]-->
				</DIV>

			</DIV>
			<DIV style=" border: 0pt; padding-top: 0pt; top: 31.05pt; left: 31.05pt; padding-left: 0pt; width: 558.9pt; padding-bottom: 0pt; position: absolute; padding-right: 0pt; height: 79.35pt;">
				<P style=" border-top: 1pt solid ; margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;">&#160;</FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;">Flaherty &amp; Crumrine Preferred and Income Opportunity Fund Incorporated</FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none; font-family: Arial, sans-serif;"><B>PORTFOLIO OF INVESTMENTS (Continued)</B></FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 10pt; font-family: Arial, sans-serif;"><B>February 29, 2024 (Unaudited)</B></FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; border-bottom: 1pt solid ; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;">&#160;</FONT></P>

			</DIV>
			<DIV style=" border: 0pt; padding-top: 0pt; top: 110.4pt; left: 31.05pt; padding-left: 0pt; width: 558.9pt; padding-bottom: 0pt; position: absolute; padding-right: 0pt; height: 531.3pt;">
				<DIV style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: 11pt; margin-top: 0pt; margin-bottom: 6pt; text-align: justify; margin-right: 0pt;">
					<TABLE STYLE="table-layout: fixed; width: 590pt; margin-top: 4pt; margin-bottom: 2pt; border-collapse: collapse">
						<TR style=" margin: 0; height: 0;">
							<TD STYLE="border-width: 0; margin: 0; padding: 0; width: 63.24pt">


							</TD>
							<TD STYLE="border-width: 0; margin: 0; padding: 0; width: 13.79pt">


							</TD>
							<TD STYLE="border-width: 0; margin: 0; padding: 0; width: 382.95pt">


							</TD>
							<TD STYLE="border-width: 0; margin: 0; padding: 0; width: 72.44pt">


							</TD>
							<TD STYLE="border-width: 0; margin: 0; padding: 0; width: 41.4pt">


							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 8pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: center; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>Shares/$ Par</B></FONT></P>

							</TD>
							<TD STYLE="border-top-width: 0pt; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"> </FONT></P>

							</TD>
							<TD STYLE="border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 8pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: center; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>Value</B></FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="border-top-width: 0pt; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>Communication &#8212; 0.3% </B></FONT></P>

							</TD>
							<TD STYLE="border-top: #000000 0.5pt solid; border-bottom: #000000 0.5pt solid; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-top: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top: #000000 0.5pt solid; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Qwest Corporation:</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top: #000000 0.5pt solid; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">19,728</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">6.50% 09/01/56 </FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><A name="pfo-nport_022924a275"></A><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">204,776</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">24,920</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top-width: 0pt; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">6.75% 06/15/57 </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a276"></A><FONT style=" text-transform: none;">276,612</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-top: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="border-top: #000000 0.5pt solid; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-top: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"> </FONT></P>

							</TD>
							<TD STYLE="border-top: #000000 0.5pt solid; border-bottom: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a277"></A><FONT style=" text-transform: none;">481,388</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>Total Corporate Debt Securities</B></FONT><FONT style=" text-transform: none;"><br>(Cost $3,493,186) </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top: #000000 0.5pt solid; border-bottom: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a278"></A><FONT style=" text-transform: none;">3,375,346</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"> </FONT></P>

							</TD>
							<TD STYLE="border-top: #000000 0.5pt solid; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.25pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.25pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;" colspan="3">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>Money Market Fund &#8212; 3.4%</B></FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top-width: 0pt; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><SUP style=" text-transform: none; font-size: 7.0pt; line-height: 7.0pt;"> </SUP></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-top: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="border-top: #000000 0.5pt solid; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-top: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">BlackRock Liquidity Funds:</FONT></P>

							</TD>
							<TD STYLE="border-top: #000000 0.5pt solid; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">6,937,667</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top-width: 0pt; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">T-Fund, Institutional Class </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a279"></A><FONT style=" text-transform: none;">6,937,667</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-top: #000000 0.5pt solid; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="border-top: #000000 0.5pt solid; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-top: #000000 0.5pt solid; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-top: #000000 0.5pt solid; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>Total Money Market Fund</B></FONT><FONT style=" text-transform: none;"><br>(Cost $6,937,667) </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top-width: 0pt; padding: 1.25pt 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><A name="pfo-nport_022924a280"></A><FONT style=" text-transform: none;">6,937,667</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 1.25pt 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"> </FONT></P>

							</TD>
							<TD STYLE="border-top: #000000 0.5pt solid; padding: 0pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>

					</TABLE>

				</DIV>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: 11pt; margin-top: 0pt; margin-bottom: 6pt; text-align: justify; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 1pt;"></FONT></P>
				<DIV style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: 11pt; margin-top: 0pt; margin-bottom: 6pt; text-align: justify; margin-right: 0pt;">
					<TABLE STYLE="table-layout: fixed; width: 590pt; margin-top: 4pt; margin-bottom: 2pt; border-collapse: collapse">
						<TR style=" margin: 0; height: 0;">
							<TD STYLE="border-width: 0; margin: 0; padding: 0; width: 63%">


							</TD>
							<TD STYLE="border-width: 0; margin: 0; padding: 0; width: 5%">


							</TD>
							<TD STYLE="border-width: 0; margin: 0; padding: 0; width: 5%">


							</TD>
							<TD STYLE="border-width: 0; margin: 0; padding: 0; width: 25%">


							</TD>
							<TD STYLE="border-width: 0; margin: 0; padding: 0; width: 2%">


							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 3pt 0pt 1pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>Total Investments</B></FONT><FONT style=" text-transform: none;"> (Cost</FONT><FONT style=" text-transform: none;"> </FONT><FONT style=" text-transform: none;">$214,957,680***)</FONT><FONT style=" text-transform: none;"> </FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 3pt 0pt 1pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">100.7</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 3pt 0pt 1pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">%</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 3pt 0pt 1pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">206,042,935</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="border-width: 0pt; padding: 3pt 0pt 1pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>Other Assets and Liabilities, excluding Loan Payable </B></FONT><FONT style=" text-transform: none;">(net)</FONT><FONT style=" text-transform: none;"><B> </B></FONT></P>

							</TD>
							<TD STYLE="border-top-width: 0pt; padding: 3pt 0pt 1pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">(0.7</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 3pt 0pt 1pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">)</FONT><FONT style=" text-transform: none;">%</FONT></P>

							</TD>
							<TD STYLE="border-top-width: 0pt; padding: 3pt 0pt 1pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom: #000000 0.5pt solid">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">(1,337,221</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 3pt 0pt 1pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">)</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 3pt 0pt 1pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>Total Managed Assets </B></FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top: #000000 0.5pt solid; border-bottom: #000000 0.5pt solid; padding: 3pt 0pt 1pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: top; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">100.0</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 3pt 0pt 1pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">%&#8225;</FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top: #000000 0.5pt solid; border-bottom: #000000 0.5pt solid; padding: 3pt 0pt 1pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">204,705,714</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" border-top: 0pt; padding-top: 3pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;" colspan="3">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>Loan Principal Balance </B></FONT></P>

							</TD>
							<TD STYLE="border-top: #000000 0.5pt solid; border-bottom: #000000 0.5pt solid; padding: 3pt 0pt 1pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">(80,600,000</FONT></P>

							</TD>
							<TD STYLE="border-width: 0pt; padding: 3pt 0pt 1pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 20.7pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">)</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 3pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;" colspan="3">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>Net Assets Available To Common Stock </B></FONT></P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-top: #000000 0.5pt solid; border-bottom: #000000 2.5pt double; padding: 3pt 0pt 1pt; border-right-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">124,105,714</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD STYLE="background-color: #cceeff; border-width: 0pt; padding: 0pt; vertical-align: bottom; border-collapse: collapse">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>

					</TABLE>

				</DIV>

			</DIV>

		</DIV>
		<DIV style=" page-break-before: always;">
			<P style=" margin: 0pt; font-size: 5pt;">&#8203;</P>

		</DIV>
		<DIV style=" height: 803.8pt; width: 621.0pt; border-bottom: 2pt solid black; position: relative; overflow: hidden; margin: auto;">
			<DIV style=" border: 0pt; padding-top: 0pt; top: 741.7pt; left: 31.05pt; padding-left: 0pt; width: 558.9pt; padding-bottom: 0pt; position: absolute; padding-right: 0pt; height: 31.05pt;">
				<DIV style=" display: table-cell; vertical-align: bottom; width: 558.9pt; height: 31.05pt;">

				<!--[if IE]><TABLE><TR style=" width: 558.9pt; height: 31.05pt;"><TD vAlign="bottom" style=" width: 558.9pt; height: 31.05pt;"><![endif]-->
					<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: center; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;"> <br></FONT><FONT style=" text-transform: none; font-size: 10pt; font-family: Arial, sans-serif;">11</FONT></P>


				<!--[if IE]></TD></TR></TABLE><![endif]-->
				</DIV>

			</DIV>
			<DIV style=" border: 0pt; padding-top: 0pt; top: 31.05pt; left: 31.05pt; padding-left: 0pt; width: 558.9pt; padding-bottom: 0pt; position: absolute; padding-right: 0pt; height: 79.35pt;">
				<P style=" border-top: 1pt solid ; margin-left: 0pt; text-transform: none; color: #000000; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;">&#160;</FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;">Flaherty &amp; Crumrine Preferred and Income Opportunity Fund Incorporated</FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none; font-family: Arial, sans-serif;"><B>PORTFOLIO OF INVESTMENTS (Continued)</B></FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 10pt; font-family: Arial, sans-serif;"><B>February 29, 2024 (Unaudited)</B></FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; border-bottom: 1pt solid ; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;">&#160;</FONT></P>

			</DIV>
			<DIV style=" border: 0pt; padding-top: 0pt; top: 110.4pt; left: 31.05pt; padding-left: 0pt; width: 558.9pt; padding-bottom: 0pt; position: absolute; padding-right: 0pt; height: 531.3pt;">
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0pt; margin-bottom: 4pt; border-bottom: 1pt solid ; text-align: left; margin-right: 496.8pt;"><FONT style=" text-transform: none;">&#160;&#160;</FONT></P>
				<P style=" margin-left: 24.15pt; text-transform: none; color: #000000; text-indent: -24.15pt; font-size: 7pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: justify; margin-right: 0pt;"><!--[if IE]><FONT style=" width: 24.15pt; text-indent: -21.0pt; display: inline-block;"><![endif]--><FONT style=" width: 24.15pt; text-indent: 0; display: inline-block;"><FONT style=" text-transform: none;">&#167;</FONT></FONT><!--[if IE]></FONT><![endif]--><FONT style=" text-transform: none;">Date shown is maturity date unless referencing the end of the fixed-rate period of a fixed-to-floating rate security.</FONT></P>
				<P style=" margin-left: 24.15pt; text-transform: none; color: #000000; text-indent: -24.15pt; font-size: 7pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: justify; margin-right: 0pt;"><!--[if IE]><FONT style=" width: 24.15pt; text-indent: -21.0pt; display: inline-block;"><![endif]--><FONT style=" width: 24.15pt; text-indent: 0; display: inline-block;"><FONT style=" text-transform: none;">*</FONT></FONT><!--[if IE]></FONT><![endif]--><FONT style=" text-transform: none;">Securities eligible for the Dividends Received Deduction and distributing Qualified Dividend Income.</FONT></P>
				<P style=" margin-left: 24.15pt; text-transform: none; color: #000000; text-indent: -24.15pt; font-size: 7pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: justify; margin-right: 0pt;"><!--[if IE]><FONT style=" width: 24.15pt; text-indent: -21.0pt; display: inline-block;"><![endif]--><FONT style=" width: 24.15pt; text-indent: 0; display: inline-block;"><FONT style=" text-transform: none;">**</FONT></FONT><!--[if IE]></FONT><![endif]--><FONT style=" text-transform: none;">Securities distributing Qualified Dividend Income only.</FONT></P>
				<P style=" margin-left: 24.15pt; text-transform: none; color: #000000; text-indent: -24.15pt; font-size: 7pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: justify; margin-right: 0pt;"><!--[if IE]><FONT style=" width: 24.15pt; text-indent: -21.0pt; display: inline-block;"><![endif]--><FONT style=" width: 24.15pt; text-indent: 0; display: inline-block;"><FONT style=" text-transform: none;">***</FONT></FONT><!--[if IE]></FONT><![endif]--><FONT style=" text-transform: none;">Aggregate cost of securities held.</FONT></P>
				<P style=" margin-left: 24.15pt; text-transform: none; color: #000000; text-indent: -24.15pt; font-size: 7pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: justify; margin-right: 0pt;"><!--[if IE]><FONT style=" width: 24.15pt; text-indent: -21.0pt; display: inline-block;"><![endif]--><FONT style=" width: 24.15pt; text-indent: 0; display: inline-block;"><FONT style=" text-transform: none;">****</FONT></FONT><!--[if IE]></FONT><![endif]--><FONT style=" text-transform: none;">Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration to qualified institutional buyers. At February 29, 2024, these securities amounted to $45,405,511 or 22.2% of total managed assets.</FONT></P>
				<P style=" margin-left: 24.15pt; text-transform: none; color: #000000; text-indent: -24.15pt; font-size: 7pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: justify; margin-right: 0pt;"><!--[if IE]><FONT style=" width: 24.15pt; text-indent: -21.0pt; display: inline-block;"><![endif]--><FONT style=" width: 24.15pt; text-indent: 0; display: inline-block;"><SUP style=" text-transform: none; font-size: 5.0pt; line-height: 5.0pt;">(1)</SUP></FONT><!--[if IE]></FONT><![endif]--><FONT style=" text-transform: none;">Perpetual security with no stated maturity date.</FONT></P>
				<P style=" margin-left: 24.15pt; text-transform: none; color: #000000; text-indent: -24.15pt; font-size: 7pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: justify; margin-right: 0pt;"><!--[if IE]><FONT style=" width: 24.15pt; text-indent: -21.0pt; display: inline-block;"><![endif]--><FONT style=" width: 24.15pt; text-indent: 0; display: inline-block;"><SUP style=" text-transform: none; font-size: 5.0pt; line-height: 5.0pt;">(2)</SUP></FONT><!--[if IE]></FONT><![endif]--><FONT style=" text-transform: none;">All or a portion of this security is pledged as collateral for the Fund&#8217;s loan. The total value of such securities was $166,178,854 at February 29, 2024.</FONT></P>
				<P style=" margin-left: 24.15pt; text-transform: none; color: #000000; text-indent: -24.15pt; font-size: 7pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: justify; margin-right: 0pt;"><!--[if IE]><FONT style=" width: 24.15pt; text-indent: -21.0pt; display: inline-block;"><![endif]--><FONT style=" width: 24.15pt; text-indent: 0; display: inline-block;"><SUP style=" text-transform: none; font-size: 5.0pt; line-height: 5.0pt;">(3)</SUP></FONT><!--[if IE]></FONT><![endif]--><FONT style=" text-transform: none;">All or a portion of this security has been rehypothecated. The total value of such securities was $76,974,513 at February 29, 2024.</FONT></P>
				<P style=" margin-left: 24.15pt; text-transform: none; color: #000000; text-indent: -24.15pt; font-size: 7pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: justify; margin-right: 0pt;"><!--[if IE]><FONT style=" width: 24.15pt; text-indent: -21.0pt; display: inline-block;"><![endif]--><FONT style=" width: 24.15pt; text-indent: 0; display: inline-block;"><SUP style=" text-transform: none; font-size: 5.0pt; line-height: 5.0pt;">(4)</SUP></FONT><!--[if IE]></FONT><![endif]--><FONT style=" text-transform: none;">Represents the rate in effect as of the reporting date.</FONT></P>
				<P style=" margin-left: 24.15pt; text-transform: none; color: #000000; text-indent: -24.15pt; font-size: 7pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: justify; margin-right: 0pt;"><!--[if IE]><FONT style=" width: 24.15pt; text-indent: -21.0pt; display: inline-block;"><![endif]--><FONT style=" width: 24.15pt; text-indent: 0; display: inline-block;"><SUP style=" text-transform: none; font-size: 5.0pt; line-height: 5.0pt;">(5)</SUP></FONT><!--[if IE]></FONT><![endif]--><FONT style=" text-transform: none;">Foreign Issuer.</FONT></P>
				<P style=" margin-left: 24.15pt; text-transform: none; color: #000000; text-indent: -24.15pt; font-size: 7pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: justify; margin-right: 0pt;"><!--[if IE]><FONT style=" width: 24.15pt; text-indent: -21.0pt; display: inline-block;"><![endif]--><FONT style=" width: 24.15pt; text-indent: 0; display: inline-block;"><FONT style=" text-transform: none;">&#8224;</FONT></FONT><!--[if IE]></FONT><![endif]--><FONT style=" text-transform: none;">A Contingent Capital Security is a hybrid security with contractual loss-absorption characteristics.</FONT></P>
				<P style=" margin-left: 24.15pt; text-transform: none; color: #000000; text-indent: -24.15pt; font-size: 7pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0pt; margin-bottom: 8pt; text-align: justify; margin-right: 0pt;"><!--[if IE]><FONT style=" width: 24.15pt; text-indent: -21.0pt; display: inline-block;"><![endif]--><FONT style=" width: 24.15pt; text-indent: 0; display: inline-block;"><FONT style=" text-transform: none;">&#8225;</FONT></FONT><!--[if IE]></FONT><![endif]--><FONT style=" text-transform: none;">The percentage shown for each investment category is the total value of that category as a percentage of total managed assets.</FONT></P>
				<DIV style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: 11pt; margin-top: 0pt; margin-bottom: 6pt; text-align: justify; margin-right: 0pt;">
					<TABLE style=" table-layout: fixed; width: 558.9pt; margin-top: 4pt; margin-bottom: 2pt; border-collapse: collapse;">
						<TR style=" margin: 0; height: 0;">
							<TD style=" border: 0; padding: 0; margin: 0; width: 37.949999999999996pt;">


							</TD>
							<TD style=" border: 0; padding: 0; margin: 0; width: 20.7pt;">


							</TD>
							<TD style=" border: 0; padding: 0; margin: 0; width: 500.24999999999994pt;">


							</TD>

						</TR>
						<TR style=" min-height: 0pt;">
							<TD style=" border-top: 0pt; padding-top: 1pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;" colspan="3">
								<P style=" margin-left: 24.15pt; text-transform: none; color: #000000; text-indent: -24.15pt; font-size: 7pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: justify; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>ABBREVIATIONS:</B></FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 0pt;">
							<TD style=" border-top: 0pt; padding-top: 1pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 7pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: justify; margin-right: 0pt;"><FONT style=" text-transform: none;">3ML</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 7pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: justify; margin-right: 0pt;"><FONT style=" text-transform: none;">&#8212;</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 7pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: justify; margin-right: 0pt;"><FONT style=" text-transform: none;">3-Month Intercontinental Exchange (ICE) London Interbank Offered Rate (LIBOR) USD A/360</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 0pt;">
							<TD style=" border-top: 0pt; padding-top: 1pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 7pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: justify; margin-right: 0pt;"><FONT style=" text-transform: none;">ISDA5</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 7pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: justify; margin-right: 0pt;"><FONT style=" text-transform: none;">&#8212;</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 7pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: justify; margin-right: 0pt;"><FONT style=" text-transform: none;">5-year USD ICE Swap Semiannual 30/360</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 0pt;">
							<TD style=" border-top: 0pt; padding-top: 1pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 7pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: justify; margin-right: 0pt;"><FONT style=" text-transform: none;">SOFR5Y</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 7pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: justify; margin-right: 0pt;"><FONT style=" text-transform: none;">&#8212;</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 7pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: justify; margin-right: 0pt;"><FONT style=" text-transform: none;">5-year USD ICE Secured Overnight Financing Rate (SOFR) Swap</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 0pt;">
							<TD style=" border-top: 0pt; padding-top: 1pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 7pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: justify; margin-right: 0pt;"><FONT style=" text-transform: none;">SW5</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 7pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: justify; margin-right: 0pt;"><FONT style=" text-transform: none;">&#8212;</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 7pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: justify; margin-right: 0pt;"><FONT style=" text-transform: none;">5-year USD Swap Semiannual 30/360</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 0pt;">
							<TD style=" border-top: 0pt; padding-top: 1pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 7pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: justify; margin-right: 0pt;"><FONT style=" text-transform: none;">SW10</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 7pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: justify; margin-right: 0pt;"><FONT style=" text-transform: none;">&#8212;</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 7pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: justify; margin-right: 0pt;"><FONT style=" text-transform: none;">10-year USD Swap Semiannual 30/360</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 0pt;">
							<TD style=" border-top: 0pt; padding-top: 1pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 7pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: justify; margin-right: 0pt;"><FONT style=" text-transform: none;">T5Y</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 7pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: justify; margin-right: 0pt;"><FONT style=" text-transform: none;">&#8212;</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 7pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: justify; margin-right: 0pt;"><FONT style=" text-transform: none;">Federal Reserve H.15 5-Yr Constant Maturity Treasury Semiannual yield</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 0pt;">
							<TD style=" border-top: 0pt; padding-top: 1pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 7pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: justify; margin-right: 0pt;"><FONT style=" text-transform: none;">T7Y</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 7pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: justify; margin-right: 0pt;"><FONT style=" text-transform: none;">&#8212;</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 7pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: justify; margin-right: 0pt;"><FONT style=" text-transform: none;">Federal Reserve H.15 7-Yr Constant Maturity Treasury Semiannual yield</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 0pt;">
							<TD style=" border-top: 0pt; padding-top: 1pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 7pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: justify; margin-right: 0pt;"><FONT style=" text-transform: none;">T10Y</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 7pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: justify; margin-right: 0pt;"><FONT style=" text-transform: none;">&#8212;</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 7pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: justify; margin-right: 0pt;"><FONT style=" text-transform: none;">Federal Reserve H.15 10-Yr Constant Maturity Treasury Semiannual yield</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 0pt;">
							<TD style=" border-top: 0pt; padding-top: 1pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 7pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: justify; margin-right: 0pt;"><FONT style=" text-transform: none;">TSFR3M</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 7pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: justify; margin-right: 0pt;"><FONT style=" text-transform: none;">&#8212;</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 7pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: justify; margin-right: 0pt;"><FONT style=" text-transform: none;">Chicago Mercantile Exchange Inc. (CME) Term SOFR 3-Month</FONT></P>

							</TD>

						</TR>

					</TABLE>

				</DIV>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 7pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: justify; margin-right: 0pt;"><FONT style=" text-transform: none;">The administrator of U.S. dollar LIBOR, ICE, ceased publication of daily U.S. dollar LIBOR panels after June 30, 2023. For securities where (i) issuers have announced replacement reference rates or (ii) the Adjustable Interest Rate (LIBOR) Act of 2022 was determined by the Adviser to apply, the new reference rate (usually Term SOFR) has been listed as the benchmark. The spread over that benchmark includes any tenor spread adjustment applicable upon benchmark transition. For all other securities, the original reference rate and spread continue to be listed.</FONT></P>

			</DIV>

		</DIV>
		<DIV style=" page-break-before: always;">
			<P style=" margin: 0pt; font-size: 5pt;">&#8203;</P>

		</DIV>
		<DIV style=" height: 803.8pt; width: 621.0pt; border-bottom: 2pt solid black; position: relative; overflow: hidden; margin: auto;">
			<DIV style=" border: 0pt; padding-top: 0pt; top: 31.05pt; left: 31.05pt; padding-left: 0pt; width: 558.9pt; padding-bottom: 0pt; position: absolute; padding-right: 0pt; height: 79.35pt;">
				<P style=" border-top: 1pt solid ; margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;">&#160;</FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;">Flaherty &amp; Crumrine Preferred and Income Opportunity Fund Incorporated</FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: uppercase; font-family: Arial, sans-serif;"><B>Financial Highlights</B></FONT><SUP style=" text-transform: uppercase; font-size: 10.0pt; font-family: Arial, sans-serif; line-height: 10.0pt;"><B>(1)</B></SUP></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 10pt; font-family: Arial, sans-serif;"><B>For the period December 1, 2023 through February 29, 2024 (Unaudited)</B></FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 10pt; font-family: Arial, sans-serif;"><B>For a Common Stock share outstanding throughout the period</B></FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; border-bottom: 1pt solid ; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;">&#160;</FONT></P>

			</DIV>
			<DIV style=" border: 0pt; padding-top: 0pt; top: 741.7pt; left: 31.05pt; padding-left: 0pt; width: 558.9pt; padding-bottom: 0pt; position: absolute; padding-right: 0pt; height: 31.05pt;">
				<DIV style=" display: table-cell; vertical-align: bottom; width: 558.9pt; height: 31.05pt;">

				<!--[if IE]><TABLE><TR style=" width: 558.9pt; height: 31.05pt;"><TD vAlign="bottom" style=" width: 558.9pt; height: 31.05pt;"><![endif]-->
					<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: center; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;"> <br></FONT><FONT style=" text-transform: none; font-size: 10pt; font-family: Arial, sans-serif;">12</FONT></P>


				<!--[if IE]></TD></TR></TABLE><![endif]-->
				</DIV>

			</DIV>
			<DIV style=" border: 0pt; padding-top: 0pt; top: 110.4pt; left: 31.05pt; padding-left: 0pt; width: 558.9pt; padding-bottom: 0pt; position: absolute; padding-right: 0pt; height: 531.3pt;">
				<DIV style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: 11pt; margin-top: 0pt; margin-bottom: 6pt; text-align: left; margin-right: 0pt;">
					<TABLE STYLE="table-layout: fixed; width: 590pt; margin-top: 4pt; margin-bottom: 2pt; border-collapse: collapse">
						<TR style=" margin: 0; height: 0;">
							<TD style=" border: 0; padding: 0; margin: 0; width: 465.74999999999994pt;">


							</TD>
							<TD style=" border: 0; padding: 0; margin: 0; width: 13.799999999999999pt;">


							</TD>
							<TD style=" border: 0; padding: 0; margin: 0; width: 58.65pt;">


							</TD>
							<TD style=" border: 0; padding: 0; margin: 0; width: 20.7pt;">


							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>PER SHARE OPERATING PERFORMANCE:</B></FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Net asset value, beginning of period </FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0.5pt solid #000000; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">8.94</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>INVESTMENT OPERATIONS:</B></FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0.5pt solid #000000; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Net investment income </FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">0.14</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Net realized and unrealized gain/(loss) on investments </FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0.5pt solid #000000; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">0.55</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Total from investment operations </FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0.5pt solid #000000; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0.5pt solid #000000; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">0.69</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>DISTRIBUTIONS TO COMMON STOCK SHAREHOLDERS:</B></FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0.5pt solid #000000; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">From net investment income </FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0.5pt solid #000000; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">(0.14</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">)</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Total distributions to Common Stock Shareholders </FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0.5pt solid #000000; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0.5pt solid #000000; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">(0.14</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">)</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Net asset value, end of period </FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0.5pt solid #000000; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 2.5pt double #000000; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">9.49</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Market value, end of period </FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 2.5pt double #000000; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 2.5pt double #000000; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">8.26</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Common Stock shares outstanding, end of period </FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 2.5pt double #000000; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 2.5pt double #000000; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">13,077,326</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>RATIOS TO AVERAGE NET ASSETS AVAILABLE TO COMMON STOCK SHAREHOLDERS:&#160;</B></FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 2.5pt double #000000; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 31.05pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Net investment income&#8224; </FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">5.82</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">%*</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 31.05pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Operating expenses including interest expense </FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">5.69</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">%*</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 31.05pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Operating expenses excluding interest expense </FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">1.51</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">%*</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>SUPPLEMENTAL DATA:&#8224;&#8224;</B></FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 31.05pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Portfolio turnover rate </FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">4</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">%**</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 31.05pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Total managed assets, end of period (in 000&#8217;s) </FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">204,706</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 31.05pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Ratio of operating expenses including interest expense to<br>average total managed assets </FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">3.42</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">%*</FONT></P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 31.05pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Ratio of operating expenses excluding interest expense to<br>average total managed assets </FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">0.91</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">%*</FONT></P>

							</TD>

						</TR>

					</TABLE>

				</DIV>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0pt; margin-bottom: 4pt; border-bottom: 1pt solid ; text-align: left; margin-right: 496.8pt;"><FONT style=" text-transform: none;">&#160;</FONT><FONT style=" text-transform: none;">&#160;</FONT></P>
				<P style=" margin-left: 24.15pt; text-transform: none; color: #000000; text-indent: -24.15pt; font-size: 7pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: justify; margin-right: 0pt;"><!--[if IE]><FONT style=" width: 24.15pt; text-indent: -21.0pt; display: inline-block;"><![endif]--><FONT style=" width: 24.15pt; text-indent: 0; display: inline-block;"><SUP style=" text-transform: none; font-size: 5.0pt; line-height: 5.0pt;">(1)</SUP></FONT><!--[if IE]></FONT><![endif]--><FONT style=" text-transform: none;">These tables summarize the three months ended February 29, 2024 and should be read in conjunction with the Fund&#8217;s audited financial statements, including notes to the financial statements, in its Annual Report dated November 30, 2023.</FONT></P>
				<P style=" margin-left: 24.15pt; text-transform: none; color: #000000; text-indent: -24.15pt; font-size: 7pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: justify; margin-right: 0pt;"><!--[if IE]><FONT style=" width: 24.15pt; text-indent: -21.0pt; display: inline-block;"><![endif]--><FONT style=" width: 24.15pt; text-indent: 0; display: inline-block;"><FONT style=" text-transform: none;">*</FONT></FONT><!--[if IE]></FONT><![endif]--><FONT style=" text-transform: none;">Annualized.</FONT></P>
				<P style=" margin-left: 24.15pt; text-transform: none; color: #000000; text-indent: -24.15pt; font-size: 7pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: justify; margin-right: 0pt;"><!--[if IE]><FONT style=" width: 24.15pt; text-indent: -21.0pt; display: inline-block;"><![endif]--><FONT style=" width: 24.15pt; text-indent: 0; display: inline-block;"><FONT style=" text-transform: none;">**</FONT></FONT><!--[if IE]></FONT><![endif]--><FONT style=" text-transform: none;">Not annualized.</FONT></P>
				<P style=" margin-left: 24.15pt; text-transform: none; color: #000000; text-indent: -24.15pt; font-size: 7pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: justify; margin-right: 0pt;"><!--[if IE]><FONT style=" width: 24.15pt; text-indent: -21.0pt; display: inline-block;"><![endif]--><FONT style=" width: 24.15pt; text-indent: 0; display: inline-block;"><FONT style=" text-transform: none;">&#8224;</FONT></FONT><!--[if IE]></FONT><![endif]--><FONT style=" text-transform: none;">The net investment income ratios reflect income net of operating expenses, including interest expense.</FONT></P>
				<P style=" margin-left: 24.15pt; text-transform: none; color: #000000; text-indent: -24.15pt; font-size: 7pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: justify; margin-right: 0pt;"><!--[if IE]><FONT style=" width: 24.15pt; text-indent: -21.0pt; display: inline-block;"><![endif]--><FONT style=" width: 24.15pt; text-indent: 0; display: inline-block;"><FONT style=" text-transform: none;">&#8224;&#8224;</FONT></FONT><!--[if IE]></FONT><![endif]--><FONT style=" text-transform: none;">Information presented under heading Supplemental Data includes loan principal balance.</FONT></P>

			</DIV>

		</DIV>
		<DIV style=" page-break-before: always;">
			<P style=" margin: 0pt; font-size: 5pt;">&#8203;</P>

		</DIV>
		<DIV style=" height: 803.8pt; width: 621.0pt; border-bottom: 2pt solid black; position: relative; overflow: hidden; margin: auto;">
			<DIV style=" border: 0pt; padding-top: 0pt; top: 31.05pt; left: 31.05pt; padding-left: 0pt; width: 558.9pt; padding-bottom: 0pt; position: absolute; padding-right: 0pt; height: 72.62pt;">
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;">Flaherty &amp; Crumrine Preferred and Income Opportunity Fund Incorporated</FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: uppercase; font-family: Arial, sans-serif;"><B>Financial Highlights</B></FONT><FONT style=" text-transform: none; font-family: Arial, sans-serif;"><B> (Continued)</B></FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 10pt; font-family: Arial, sans-serif;"><B>Per Share of Common Stock (Unaudited)</B></FONT><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;"><B>&#160;</B></FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; border-bottom: 1pt solid ; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;"><B>&#160;</B></FONT></P>

			</DIV>
			<DIV style=" border: 0pt; padding-top: 0pt; top: 741.7pt; left: 31.05pt; padding-left: 0pt; width: 558.9pt; padding-bottom: 0pt; position: absolute; padding-right: 0pt; height: 31.05pt;">
				<DIV style=" display: table-cell; vertical-align: bottom; width: 558.9pt; height: 31.05pt;">

				<!--[if IE]><TABLE><TR style=" width: 558.9pt; height: 31.05pt;"><TD vAlign="bottom" style=" width: 558.9pt; height: 31.05pt;"><![endif]-->
					<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: center; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;"> <br></FONT><FONT style=" text-transform: none; font-size: 10pt; font-family: Arial, sans-serif;">13</FONT></P>


				<!--[if IE]></TD></TR></TABLE><![endif]-->
				</DIV>

			</DIV>
			<DIV style=" border: 0pt; padding-top: 0pt; top: 110.4pt; left: 31.05pt; padding-left: 0pt; width: 558.9pt; padding-bottom: 0pt; position: absolute; padding-right: 0pt; height: 531.3pt;">
				<DIV style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: 11pt; margin-top: 0pt; margin-bottom: 6pt; text-align: left; margin-right: 0pt;">
					<TABLE STYLE="table-layout: fixed; width: 590pt; margin-top: 4pt; margin-bottom: 2pt; border-collapse: collapse">
						<TR style=" margin: 0; height: 0;">
							<TD style=" border: 0; padding: 0; margin: 0; width: 255.99pt;">


							</TD>
							<TD style=" border: 0; padding: 0; margin: 0; width: 13.799999999999999pt;">


							</TD>
							<TD style=" border: 0; padding: 0; margin: 0; width: 62.099999999999994pt;">


							</TD>
							<TD style=" border: 0; padding: 0; margin: 0; width: 13.799999999999999pt;">


							</TD>
							<TD style=" border: 0; padding: 0; margin: 0; width: 62.099999999999994pt;">


							</TD>
							<TD style=" border: 0; padding: 0; margin: 0; width: 13.799999999999999pt;">


							</TD>
							<TD style=" border: 0; padding: 0; margin: 0; width: 62.099999999999994pt;">


							</TD>
							<TD style=" border: 0; padding: 0; margin: 0; width: 13.799999999999999pt;">


							</TD>
							<TD style=" border: 0; padding: 0; margin: 0; width: 62.099999999999994pt;">


							</TD>
							<TD style=" border: 0; padding: 0; margin: 0; width: 13.799999999999999pt;">


							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0.5pt solid #000000; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 8pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: center; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>&#160;</B></FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0.5pt solid #000000; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0.5pt solid #000000; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 8pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: center; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>Total<br>Dividends<br>Paid</B></FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0.5pt solid #000000; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0.5pt solid #000000; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 8pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: center; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>Net <br>Asset<br>Value</B></FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0.5pt solid #000000; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0.5pt solid #000000; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 8pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: center; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>NYSE<br>Closing<br>Price</B></FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0.5pt solid #000000; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0.5pt solid #000000; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 8pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: center; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>Dividend<br>Reinvestment<br>Price</B></FONT><SUP style=" text-transform: none; font-size: 6.0pt; line-height: 6.0pt;"><B>(1</B></SUP><SUP style=" text-transform: none; font-size: 6.0pt; line-height: 6.0pt;"><B>)</B></SUP><FONT style=" text-transform: none;"><B>&#160;</B></FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" background-color: #cceeff; border-top: 0.5pt solid #000000; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">December 29, 2023</FONT><FONT style=" text-transform: none;"> </FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0.5pt solid #000000; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0.5pt solid #000000; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 13pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">$0.0450</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 16pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">$9.29</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 16pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">$7.96</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 16pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">$7.99</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">January 31, 2024</FONT><FONT style=" text-transform: none;"> </FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 13pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;0.0450</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 16pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;9.48</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 16pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;8.36</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 16pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;8.33</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">February 29, 2024</FONT><FONT style=" text-transform: none;"> </FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 13pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;0.0456</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 16pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;9.49</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 16pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;8.26</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 16pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;8.30</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>

					</TABLE>

				</DIV>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0pt; margin-bottom: 4pt; border-bottom: 1pt solid ; text-align: left; margin-right: 496.8pt;"><FONT style=" text-transform: none;">&#160;</FONT><FONT style=" text-transform: none;">&#160;</FONT></P>
				<P style=" margin-left: 24.15pt; text-transform: none; color: #000000; text-indent: -24.15pt; font-size: 7pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: justify; margin-right: 0pt;"><!--[if IE]><FONT style=" width: 24.15pt; text-indent: -21.0pt; display: inline-block;"><![endif]--><FONT style=" width: 24.15pt; text-indent: 0; display: inline-block;"><SUP style=" text-transform: none; font-size: 5.0pt; line-height: 5.0pt;">(</SUP><SUP style=" text-transform: none; font-size: 5.0pt; line-height: 5.0pt;">1)</SUP></FONT><!--[if IE]></FONT><![endif]--><FONT style=" text-transform: none;">Whenever the net asset value per share of the Fund&#8217;s Common Stock is less than or equal to the market price per share on the reinvestment date, new shares issued will be valued at the higher of net asset value or 95% of the then current market price. Otherwise, the reinvestment shares of Common Stock will be purchased in the open market.</FONT></P>

			</DIV>

		</DIV>
		<DIV style=" page-break-before: always;">
			<P style=" margin: 0pt; font-size: 5pt;">&#8203;</P>

		</DIV>
		<DIV style=" height: 803.8pt; width: 621.0pt; border-bottom: 2pt solid black; position: relative; overflow: hidden; margin: auto;">
			<DIV style=" border: 0pt; padding-top: 0pt; top: 31.05pt; left: 31.05pt; padding-left: 0pt; width: 558.9pt; padding-bottom: 0pt; position: absolute; padding-right: 0pt; height: 58.82pt;">
				<P style=" border-top: 1pt solid ; margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;">&#160;</FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;">Flaherty &amp; Crumrine Preferred and Income Opportunity Fund Incorporated</FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none; font-family: Arial, sans-serif;"><B>NOTES TO PORTFOLIO OF INVESTMENTS (Unaudited)</B></FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; border-bottom: 1pt solid ; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;">&#160;</FONT></P>

			</DIV>
			<DIV style=" border: 0pt; padding-top: 0pt; top: 741.7pt; left: 31.05pt; padding-left: 0pt; width: 558.9pt; padding-bottom: 0pt; position: absolute; padding-right: 0pt; height: 31.05pt;">
				<DIV style=" display: table-cell; vertical-align: bottom; width: 558.9pt; height: 31.05pt;">

				<!--[if IE]><TABLE><TR style=" width: 558.9pt; height: 31.05pt;"><TD vAlign="bottom" style=" width: 558.9pt; height: 31.05pt;"><![endif]-->
					<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: center; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 10pt; font-family: Arial, sans-serif;">14</FONT></P>


				<!--[if IE]></TD></TR></TABLE><![endif]-->
				</DIV>

			</DIV>
			<DIV style=" border: 0pt; padding-top: 0pt; top: 96.6pt; left: 31.05pt; padding-left: 0pt; width: 558.9pt; padding-bottom: 0pt; position: absolute; padding-right: 0pt; height: 545.1pt;">
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 10pt; font-family: Arial, sans-serif; line-height: 12pt; margin-top: 0pt; margin-bottom: 4pt; text-align: left; margin-right: 0pt;"><!--[if IE]><FONT style=" width: 31.049999999999997pt; text-indent: 0.0pt; display: inline-block;"><![endif]--><FONT style=" width: 31.049999999999997pt; text-indent: 0; display: inline-block;"><FONT style=" text-transform: none; font-family: Arial, sans-serif;"><B>1.</B></FONT></FONT><!--[if IE]></FONT><![endif]--><FONT style=" text-transform: none; font-family: Arial, sans-serif;"><B>Aggregate Information for Federal Income Tax Purposes</B></FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: 11pt; margin-top: 0pt; margin-bottom: 6pt; text-align: justify; margin-right: 0pt;"><FONT style=" text-transform: none;">At February 29, 2024, the aggregate cost of securities for federal income tax purposes was $215,905,147, the aggregate gross unrealized appreciation for all securities in which there was an excess of value over tax cost was $3,544,143 and the aggregate gross unrealized depreciation for all securities in which there was an excess of tax cost over value was $13,406,355.</FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 10pt; font-family: Arial, sans-serif; line-height: 12pt; margin-top: 6pt; margin-bottom: 4pt; text-align: left; margin-right: 0pt;"><!--[if IE]><FONT style=" width: 31.049999999999997pt; text-indent: 0.0pt; display: inline-block;"><![endif]--><FONT style=" width: 31.049999999999997pt; text-indent: 0; display: inline-block;"><FONT style=" text-transform: none; font-family: Arial, sans-serif;"><B>2. </B></FONT></FONT><!--[if IE]></FONT><![endif]--><FONT style=" text-transform: none; font-family: Arial, sans-serif;"><B>Additional Accounting Standards</B></FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: 11pt; margin-top: 0pt; margin-bottom: 6pt; text-align: justify; margin-right: 0pt;"><FONT style=" text-transform: none; font-style: italic;"><I>Portfolio Valuation</I></FONT><FONT style=" text-transform: none;">:&#160;Rule 2a-5 under the Investment Company Act of 1940, as amended </FONT><FONT style=" text-transform: none;">(the &#8220;1940 Act&#8221;)</FONT><FONT style=" text-transform: none;">,</FONT><FONT style=" text-transform: none;"> establishes requirements for determining fair value in good faith for purposes of the 1940 Act. Rule 2a-5 permits fund boards to designate a Valuation Designee to perform fair value determinations, subject to board oversight and certain other conditions. Rule 2a-5 also defines when market quotations are &#8220;readily available&#8221; for purposes of Section 2(a)(41) of the 1940 Act, which requires a fund to fair value a security when market quotations are not readily available. </FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: 11pt; margin-top: 0pt; margin-bottom: 6pt; text-align: justify; margin-right: 0pt;"><FONT style=" text-transform: none;">The net asset value of the Fund&#8217;s Common Stock is calculated by the Fund&#8217;s Administrator </FONT><FONT style=" text-transform: none;">on each day the New York Stock Exchange (&#8220;NYSE&#8221;) is open for trading</FONT><FONT style=" text-transform: none;"> </FONT><FONT style=" text-transform: none;">in accordance with the policies and procedures adopted by the Adviser, as the Valuation Designee of the Board of Directors (the &#8220;Board&#8221;) of the Fund. Net asset value is calculated by dividing the value of the Fund&#8217;s net assets available to Common Stock by the number of shares of Common Stock outstanding. The value of the Fund&#8217;s net assets available to Common Stock is deemed to equal the value of the Fund&#8217;s total assets less (i) the Fund&#8217;s liabilities and (ii) the aggregate liquidation value of any outstanding preferred stock.&#160;</FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: 11pt; margin-top: 0pt; margin-bottom: 6pt; text-align: justify; margin-right: 0pt;"><FONT style=" text-transform: none;">The Fund&#8217;s preferred and debt securities are valued on the basis of current market quotations provided by independent pricing services or dealers approved by the Valuation Designee. In determining the evaluated mean value of a particular preferred or debt security, a pricing service or dealer may use information with respect to transactions in such investments, quotations (based on the mean of bid and asked price), market transactions in comparable investments, various relationships observed in the market between investments, and/or calculated yield measures based on valuation technology commonly employed in the market for such investments. Common stocks that are traded on stock exchanges are valued at the last sale price or official close price on the exchange, as of the close of business on the day the securities are being valued or, lacking any sales, at the last available mean price. Futures contracts and option contracts on futures contracts are valued on the basis of the settlement price for such contracts on the primary exchange on which they trade. Investments in over-the-counter derivative instruments, such as interest rate swaps and options thereon (&#8220;swaptions&#8221;), are valued using prices supplied by a pricing service, or if such prices are unavailable, prices provided by a single broker or dealer that is not the counterparty or, if no such prices are available, at a price at which the counterparty to the contract would repurchase the instrument or terminate the contract. Investments for which market quotations are not readily available or for which the Valuation Designee determines that the prices are not reflective of current market conditions are valued at fair value as determined in good faith by the Valuation Designee, including reference to valuations of other securities which are comparable in quality, maturity and type.&#160;</FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: 11pt; margin-top: 0pt; margin-bottom: 6pt; text-align: justify; margin-right: 0pt;"><FONT style=" text-transform: none;">Investments in money market instruments and all debt and preferred securities which mature in 60 days or less are valued at amortized cost, provided such amount approximates market value. Investments in money market funds are valued at the net asset value of such funds.</FONT></P>

			</DIV>

		</DIV>
		<DIV style=" page-break-before: always;">
			<P style=" margin: 0pt; font-size: 5pt;">&#8203;</P>

		</DIV>
		<DIV style=" height: 803.8pt; width: 621.0pt; border-bottom: 2pt solid black; position: relative; overflow: hidden; margin: auto;">
			<DIV style=" border: 0pt; padding-top: 0pt; top: 31.05pt; left: 31.05pt; padding-left: 0pt; width: 558.9pt; padding-bottom: 0pt; position: absolute; padding-right: 0pt; height: 58.82pt;">
				<P style=" border-top: 1pt solid ; margin-left: 0pt; text-transform: none; color: #000000; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;">&#160;</FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;">Flaherty &amp; Crumrine Preferred and Income Opportunity Fund Incorporated</FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none; font-family: Arial, sans-serif;"><B>NOTES TO PORTFOLIO OF INVESTMENTS (Unaudited) (Continued)</B></FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; border-bottom: 1pt solid ; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;">&#160;</FONT></P>

			</DIV>
			<DIV style=" border: 0pt; padding-top: 0pt; top: 741.7pt; left: 31.05pt; padding-left: 0pt; width: 558.9pt; padding-bottom: 0pt; position: absolute; padding-right: 0pt; height: 31.05pt;">
				<DIV style=" display: table-cell; vertical-align: bottom; width: 558.9pt; height: 31.05pt;">

				<!--[if IE]><TABLE><TR style=" width: 558.9pt; height: 31.05pt;"><TD vAlign="bottom" style=" width: 558.9pt; height: 31.05pt;"><![endif]-->
					<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: center; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 10pt; font-family: Arial, sans-serif;">15</FONT></P>


				<!--[if IE]></TD></TR></TABLE><![endif]-->
				</DIV>

			</DIV>
			<DIV style=" border: 0pt; padding-top: 0pt; top: 96.6pt; left: 31.05pt; padding-left: 0pt; width: 558.9pt; padding-bottom: 0pt; position: absolute; padding-right: 0pt; height: 545.1pt;">
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: 11pt; margin-top: 0pt; margin-bottom: 6pt; text-align: justify; margin-right: 0pt;"><FONT style=" text-transform: none; font-style: italic;"><I>Fair Value Measurements</I></FONT><FONT style=" text-transform: none;">: The Fund has analyzed all existing investments to determine the significance and character of all inputs to their fair value determination. The levels of fair value inputs used to measure the Fund&#8217;s investments are characterized into a fair value hierarchy. Where inputs for an asset or liability fall into more than one level in the fair value hierarchy, the investment is classified in its entirety based on the lowest level input that is significant to that investment&#8217;s valuation. The three levels of the fair value hierarchy are described below:</FONT></P>
				<DIV style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: 11pt; margin-top: 0pt; margin-bottom: 6pt; text-align: justify; margin-right: 0pt;">
					<TABLE style=" table-layout: fixed; width: 557.75pt; margin-top: 0pt; margin-bottom: 6pt; border-collapse: collapse;">
						<TR style=" margin: 0; height: 0;">
							<TD style=" border: 0; padding: 0; margin: 0; width: 31.049999999999997pt;">


							</TD>
							<TD style=" border: 0; padding: 0; margin: 0; width: 20.7pt;">


							</TD>
							<TD style=" border: 0; padding: 0; margin: 0; width: 44.849999999999994pt;">


							</TD>
							<TD style=" border: 0; padding: 0; margin: 0; width: 461.15pt;">


							</TD>

						</TR>
						<TR style=" min-height: 0pt;">
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: 12pt; margin-top: 0; margin-bottom: 0; text-align: justify; margin-right: 0pt;"><FONT style=" text-transform: none; line-height: 11pt;"><B>&#160;</B></FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: 12pt; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none; line-height: 11pt;">&#8226;</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: 12pt; margin-top: 0; margin-bottom: 0; text-align: justify; margin-right: 0pt;"><FONT style=" text-transform: none; line-height: 11pt;">Level 1 &#8211;</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: 12pt; margin-top: 0; margin-bottom: 0; text-align: justify; margin-right: 0pt;"><FONT style=" text-transform: none; line-height: 11pt;">quoted prices in active markets for identical securities</FONT></P>

							</TD>

						</TR>
						<TR style=" max-height: 6pt; min-height: 6pt; height: 6pt;">
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: 12pt; margin-top: 0; margin-bottom: 0; text-align: justify; margin-right: 0pt;"><FONT style=" text-transform: none; line-height: 11pt;"><B>&#160;</B></FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">


							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">


							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">


							</TD>

						</TR>
						<TR style=" min-height: 0pt;">
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: 12pt; margin-top: 0; margin-bottom: 0; text-align: justify; margin-right: 0pt;"><FONT style=" text-transform: none; line-height: 11pt;"><B>&#160;</B></FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: 12pt; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none; line-height: 11pt;">&#8226;</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: 12pt; margin-top: 0; margin-bottom: 0; text-align: justify; margin-right: 0pt;"><FONT style=" text-transform: none; line-height: 11pt;">Level 2 &#8211; </FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: 12pt; margin-top: 0; margin-bottom: 0; text-align: justify; margin-right: 0pt;"><FONT style=" text-transform: none; line-height: 11pt;">other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)</FONT></P>

							</TD>

						</TR>
						<TR style=" max-height: 6pt; min-height: 6pt; height: 6pt;">
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: 12pt; margin-top: 0; margin-bottom: 0; text-align: justify; margin-right: 0pt;"><FONT style=" text-transform: none; line-height: 11pt;"><B>&#160;</B></FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">


							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">


							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">


							</TD>

						</TR>
						<TR style=" min-height: 0pt;">
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: 12pt; margin-top: 0; margin-bottom: 0; text-align: justify; margin-right: 0pt;"><FONT style=" text-transform: none; line-height: 11pt;"><B>&#160;</B></FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: 12pt; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none; line-height: 11pt;">&#8226;</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: 12pt; margin-top: 0; margin-bottom: 0; text-align: justify; margin-right: 0pt;"><FONT style=" text-transform: none; line-height: 11pt;">Level 3 &#8211; </FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: 12pt; margin-top: 0; margin-bottom: 0; text-align: justify; margin-right: 0pt;"><FONT style=" text-transform: none; line-height: 11pt;">significant unobservable inputs (including the Fund&#8217;s own assumptions in determining the fair value of investments)</FONT></P>

							</TD>

						</TR>

					</TABLE>

				</DIV>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: 11pt; margin-top: 0pt; margin-bottom: 6pt; text-align: justify; margin-right: 0pt;"><FONT style=" text-transform: none;">The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. Transfers in and out of levels are recognized at market value at the end of the period.</FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: 11pt; margin-top: 0pt; margin-bottom: 6pt; text-align: justify; margin-right: 0pt;"><FONT style=" text-transform: none;">A summary of the inputs used to value the Fund&#8217;s investments as of February 29, 2024 is as follows:</FONT></P>
				<DIV style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: 11pt; margin-top: 0pt; margin-bottom: 6pt; text-align: justify; margin-right: 0pt;">
					<TABLE STYLE="table-layout: fixed; width: 590pt; margin-top: 4pt; margin-bottom: 2pt; border-collapse: collapse">
						<TR style=" margin: 0; height: 0;">
							<TD style=" border: 0; padding: 0; margin: 0; width: 222.87pt;">


							</TD>
							<TD style=" border: 0; padding: 0; margin: 0; width: 13.799999999999999pt;">


							</TD>
							<TD style=" border: 0; padding: 0; margin: 0; width: 79.35pt;">


							</TD>
							<TD style=" border: 0; padding: 0; margin: 0; width: 13.799999999999999pt;">


							</TD>
							<TD style=" border: 0; padding: 0; margin: 0; width: 65.55pt;">


							</TD>
							<TD style=" border: 0; padding: 0; margin: 0; width: 13.799999999999999pt;">


							</TD>
							<TD style=" border: 0; padding: 0; margin: 0; width: 69.0pt;">


							</TD>
							<TD style=" border: 0; padding: 0; margin: 0; width: 13.799999999999999pt;">


							</TD>
							<TD style=" border: 0; padding: 0; margin: 0; width: 65.55pt;">


							</TD>
							<TD style=" border: 0; padding: 0; margin: 0; width: 13.799999999999999pt;">


							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0.5pt solid #000000; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 8pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: center; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>&#160;</B></FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0.5pt solid #000000; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0.5pt solid #000000; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 8pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: center; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>Total<br>Value at<br>February 29, 2024</B></FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0.5pt solid #000000; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0.5pt solid #000000; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 8pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: center; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>Level 1<br>Quoted<br>Price</B></FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0.5pt solid #000000; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0.5pt solid #000000; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 8pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: center; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>Level 2<br>Significant<br>Observable<br>Inputs</B></FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0.5pt solid #000000; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0.5pt solid #000000; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 8pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: center; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>Level 3<br>Significant<br>Unobservable<br>Inputs</B></FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" background-color: #cceeff; border-top: 0.5pt solid #000000; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>Preferred Stock &amp; Hybrid Preferred Securities</B></FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0.5pt solid #000000; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0.5pt solid #000000; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0.5pt solid #000000; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0.5pt solid #000000; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0.5pt solid #000000; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0.5pt solid #000000; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0.5pt solid #000000; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0.5pt solid #000000; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 31.05pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Banking</FONT><FONT style=" text-transform: none;"> </FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">72,390,800</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">34,064,745</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">38,326,055</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">&#8212;</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 31.05pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Financial Services</FONT><FONT style=" text-transform: none;"> </FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;8,091,016</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;1,345,484</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;6,745,532</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;&#8212;</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 31.05pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Insurance</FONT><FONT style=" text-transform: none;"> </FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;39,036,313</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;8,913,138</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;30,123,175</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;&#8212;</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 31.05pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Utilities</FONT><FONT style=" text-transform: none;"> </FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;16,102,849</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;3,749,334</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;12,353,515</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;&#8212;</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 31.05pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Energy</FONT><FONT style=" text-transform: none;"> </FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;11,371,656</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;4,456,305</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;6,915,351</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;&#8212;</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 31.05pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Communication</FONT><FONT style=" text-transform: none;"> </FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;2,118,158</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;&#8212;</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;2,118,158</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;&#8212;</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 31.05pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Real Estate Investment Trust (REIT)</FONT><FONT style=" text-transform: none;"> </FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;3,067,341</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;3,067,341</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;&#8212;</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;&#8212;</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 31.05pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Miscellaneous Industries</FONT><FONT style=" text-transform: none;"> </FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;4,474,222</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;874,190</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;3,600,032</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;&#8212;</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>Contingent Capital Securities</B></FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 31.05pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Banking</FONT><FONT style=" text-transform: none;"> </FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;38,608,657</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;&#8212;</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;38,608,657</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;&#8212;</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 31.05pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Insurance</FONT><FONT style=" text-transform: none;"> </FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;468,910</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;&#8212;</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;468,910</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;&#8212;</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>Corporate Debt Securities</B></FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 31.05pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Banking</FONT><FONT style=" text-transform: none;"> </FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;432,972</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;432,972</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;&#8212;</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;&#8212;</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 31.05pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Insurance</FONT><FONT style=" text-transform: none;"> </FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;2,460,986</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;&#8212;</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;2,460,986</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;&#8212;</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 31.05pt; text-transform: none; color: #000000; text-indent: -20.7pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;">Communication</FONT><FONT style=" text-transform: none;"> </FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;481,388</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;481,388</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;&#8212;</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#160;&#8212;</FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>Money Market Fund</B></FONT><FONT style=" text-transform: none;"><B> </B></FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0.5pt solid #000000; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">6,937,667</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0.5pt solid #000000; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">6,937,667</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0.5pt solid #000000; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#8212;</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0.5pt solid #000000; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" text-transform: none;">&#8212;</FONT></P>

							</TD>
							<TD style=" background-color: #cceeff; border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>
						<TR style=" min-height: 3pt;">
							<TD style=" border-top: 0pt; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 10.35pt; text-transform: none; color: #000000; text-indent: -10.35pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none;"><B>Total Investments</B></FONT><FONT style=" text-transform: none;"><B> </B></FONT></P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: top; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0.5pt solid #000000; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 2.5pt double #000000; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">206,042,935</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0.5pt solid #000000; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 2.5pt double #000000; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">64,322,564</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0.5pt solid #000000; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 2.5pt double #000000; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">141,720,371</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>
							<TD style=" border-top: 0.5pt solid #000000; padding-top: 1.5pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 1.5pt; border-collapse: collapse; border-bottom: 2.5pt double #000000; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; color: #000000; font-size: 9pt; font-family: Arial, sans-serif; line-height: normal; margin-top: 0; margin-bottom: 0; text-align: right; margin-right: 0pt;"><FONT style=" float: left;"><FONT style=" text-transform: none;">$</FONT></FONT><FONT style=" float: right;"><FONT style=" text-transform: none;">&#8212;</FONT></FONT><FONT style=" font-size: 9pt;">&#8203;</FONT><BR clear="all">
								</P>

							</TD>
							<TD style=" border-top: 0pt; padding-top: 0pt; border-right: 0pt; border-left: 0pt; padding-left: 0pt; vertical-align: bottom; padding-bottom: 0pt; border-collapse: collapse; border-bottom: 0pt; padding-right: 0pt;">
								<P style=" margin-left: 0pt; text-transform: none; font-size: 1pt; line-height: 1pt; margin-top: 0pt; margin-bottom: 0; margin-right: 0pt;">&#8203;</P>

							</TD>

						</TR>

					</TABLE>

				</DIV>

			</DIV>

		</DIV>
		<DIV style=" page-break-before: always;">
			<P style=" margin: 0pt; font-size: 5pt;">&#8203;</P>

		</DIV>
		<DIV style=" height: 803.8pt; width: 621.0pt; border-bottom: 2pt solid black; position: relative; overflow: hidden; margin: auto;">
			<DIV style=" border: 0pt; padding-top: 0pt; top: 31.05pt; left: 31.05pt; padding-left: 0pt; width: 558.9pt; padding-bottom: 0pt; position: absolute; padding-right: 0pt; height: 58.82pt;">
				<P style=" border-top: 1pt solid ; margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;">&#160;</FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;">Flaherty &amp; Crumrine Preferred and Income Opportunity Fund Incorporated</FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none; font-family: Arial, sans-serif;"><B>NOTES TO PORTFOLIO OF INVESTMENTS (Unaudited) (Continued)</B></FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; border-bottom: 1pt solid ; text-align: left; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 8pt; font-family: Arial, sans-serif;">&#160;</FONT></P>

			</DIV>
			<DIV style=" border: 0pt; padding-top: 0pt; top: 741.7pt; left: 31.05pt; padding-left: 0pt; width: 558.9pt; padding-bottom: 0pt; position: absolute; padding-right: 0pt; height: 31.05pt;">
				<DIV style=" display: table-cell; vertical-align: bottom; width: 558.9pt; height: 31.05pt;">

				<!--[if IE]><TABLE><TR style=" width: 558.9pt; height: 31.05pt;"><TD vAlign="bottom" style=" width: 558.9pt; height: 31.05pt;"><![endif]-->
					<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 12pt; font-family: Times New Roman, Times, serif; line-height: normal; margin-top: 0pt; margin-bottom: 0pt; text-align: center; margin-right: 0pt;"><FONT style=" text-transform: none; font-size: 10pt; font-family: Arial, sans-serif;">16</FONT></P>


				<!--[if IE]></TD></TR></TABLE><![endif]-->
				</DIV>

			</DIV>
			<DIV style=" border: 0pt; padding-top: 0pt; top: 96.6pt; left: 31.05pt; padding-left: 0pt; width: 558.9pt; padding-bottom: 0pt; position: absolute; padding-right: 0pt; height: 545.1pt;">
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: 11pt; margin-top: 0pt; margin-bottom: 6pt; text-align: justify; margin-right: 0pt;"><FONT style=" text-transform: none;">During the reporting period, there were no transfers into or out of Level 3.</FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: 11pt; margin-top: 0pt; margin-bottom: 6pt; text-align: justify; margin-right: 0pt;"><FONT style=" text-transform: none;">The fair values of the Fund&#8217;s investments are generally based on market information and quotes received from brokers or independent pricing services that are unaffiliated with the Adviser. To assess the continuing appropriateness of security valuations, the Adviser regularly compares current prices to prior prices, prices across comparable securities, actual sale prices for securities in the Fund&#8217;s portfolio, and market information obtained by the Adviser as a function of being an active market participant.</FONT></P>
				<P style=" margin-left: 0pt; text-transform: none; color: #000000; text-indent: 0pt; font-size: 9pt; font-family: Arial, sans-serif; line-height: 11pt; margin-top: 0pt; margin-bottom: 6pt; text-align: justify; margin-right: 0pt;"><FONT style=" text-transform: none;">Securities with quotes that are based on actual trades or actionable bids and offers with a sufficient level of activity on or near the measurement date are classified as Level 1. Securities that are priced using quotes derived from implied values, indicative bids and offers, or a limited number of actual trades&#8212;or the same information for securities that are similar in many respects to those being valued&#8212;are classified as Level 2. If market information is not available for securities being valued, or materially-comparable securities, then those securities are classified as Level 3. In considering market information, the Valuation Designee evaluates changes in liquidity, willingness of a broker to execute at the quoted price, the depth and consistency of prices from pricing services, and the existence of observable trades in the market.</FONT></P>

			</DIV>

		</DIV>

	</BODY>

</HTML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
