Common stocks 87.49% Information technology 23.47% | Shares | Value (000) | |
Microsoft Corp. | 1,807,800 | $421,037 | |
ASML Holding NV | 458,318 | 190,106 | |
ASML Holding NV (New York registered) (ADR) | 227,600 | 94,534 | |
Taiwan Semiconductor Manufacturing Company, Ltd. | 20,131,000 | 264,608 | |
Taiwan Semiconductor Manufacturing Company, Ltd. (ADR) | 140,000 | 9,598 | |
Adyen NV1 | 65,797 | 81,855 | |
Applied Materials, Inc. | 875,000 | 71,689 | |
Broadcom, Inc. | 125,300 | 55,634 | |
Fiserv, Inc.1 | 497,600 | 46,560 | |
Apple, Inc. | 242,400 | 33,500 | |
Samsung Electronics Co., Ltd. | 785,100 | 28,847 | |
MongoDB, Inc., Class A1 | 139,000 | 27,600 | |
Hexagon AB, Class B | 2,920,500 | 27,077 | |
EPAM Systems, Inc.1 | 65,900 | 23,868 | |
Keyence Corp. | 69,400 | 23,041 | |
NVIDIA Corp. | 167,500 | 20,333 | |
Mastercard, Inc., Class A | 53,300 | 15,155 | |
Capgemini SE | 85,000 | 13,584 | |
Network International Holdings PLC1 | 3,731,800 | 12,636 | |
Visa, Inc., Class A | 70,197 | 12,470 | |
DocuSign, Inc.1 | 180,000 | 9,624 | |
Shopify, Inc., Class A, subordinate voting shares1 | 140,000 | 3,772 | |
1,487,128 | |||
Health care 18.81% | |||
UnitedHealth Group, Inc. | 330,000 | 166,663 | |
ResMed, Inc. | 423,450 | 92,439 | |
Pfizer, Inc. | 1,884,219 | 82,453 | |
AstraZeneca PLC | 748,300 | 82,291 | |
DexCom, Inc.1 | 1,012,000 | 81,507 | |
Cigna Corp. | 259,119 | 71,898 | |
Novo Nordisk A/S, Class B | 669,390 | 66,721 | |
Regeneron Pharmaceuticals, Inc.1 | 95,036 | 65,468 | |
Merck & Co., Inc. | 620,000 | 53,394 | |
Eli Lilly and Company | 158,300 | 51,186 | |
CVS Health Corp. | 371,000 | 35,382 | |
Gilead Sciences, Inc. | 457,317 | 28,212 | |
Mettler-Toledo International, Inc.1 | 25,400 | 27,537 | |
NovoCure, Ltd.1 | 340,000 | 25,833 | |
Elevance Health, Inc. | 53,100 | 24,120 | |
Danaher Corp. | 82,100 | 21,206 | |
Alnylam Pharmaceuticals, Inc.1 | 104,200 | 20,857 | |
Tandem Diabetes Care, Inc.1 | 379,084 | 18,139 | |
Bayer AG | 363,860 | 16,791 | |
Zoetis, Inc., Class A | 98,300 | 14,577 | |
Olympus Corp. | 665,800 | 12,814 | |
Vertex Pharmaceuticals, Inc.1 | 43,700 | 12,653 |
Common stocks (continued) Health care (continued) | Shares | Value (000) | |
Novartis AG | 165,600 | $12,624 | |
Catalent, Inc.1 | 166,200 | 12,026 | |
Seagen, Inc.1 | 83,500 | 11,425 | |
Centene Corp.1 | 143,500 | 11,166 | |
Eurofins Scientific SE, non-registered shares | 182,400 | 10,816 | |
Sanofi | 135,000 | 10,303 | |
Virbac SA | 36,000 | 9,353 | |
Thermo Fisher Scientific, Inc. | 17,472 | 8,862 | |
Genus PLC | 270,000 | 7,795 | |
Siemens Healthineers AG | 178,000 | 7,710 | |
Bachem Holding AG | 101,500 | 6,314 | |
Rede D’Or Sao Luiz SA | 1,073,663 | 5,915 | |
Dechra Pharmaceuticals PLC | 91,302 | 2,646 | |
Organon & Co. | 62,000 | 1,451 | |
Viatris, Inc. | 110,678 | 943 | |
EUROAPI1 | 5,869 | 98 | |
1,191,588 | |||
Consumer discretionary 14.03% | |||
Chipotle Mexican Grill, Inc.1 | 141,600 | 212,791 | |
LVMH Moët Hennessy-Louis Vuitton SE | 226,200 | 132,968 | |
Amazon.com, Inc.1 | 583,000 | 65,879 | |
Floor & Decor Holdings, Inc., Class A1 | 914,698 | 64,267 | |
Renault SA1 | 1,688,781 | 45,358 | |
Prosus NV, Class N | 760,993 | 39,658 | |
MGM China Holdings, Ltd.1 | 54,589,200 | 29,948 | |
NIKE, Inc., Class B | 352,600 | 29,308 | |
Cie. Financière Richemont SA, Class A | 291,500 | 27,352 | |
Coupang, Inc., Class A1 | 1,445,604 | 24,098 | |
Home Depot, Inc. | 81,275 | 22,427 | |
MercadoLibre, Inc.1 | 22,250 | 18,418 | |
YUM! Brands, Inc. | 166,000 | 17,652 | |
Booking Holdings, Inc.1 | 9,900 | 16,268 | |
IDP Education, Ltd.2 | 871,300 | 14,579 | |
Domino’s Pizza Enterprises, Ltd. | 430,000 | 14,078 | |
Wynn Macau, Ltd.1 | 21,430,000 | 13,705 | |
EssilorLuxottica | 95,943 | 13,000 | |
Dollar Tree Stores, Inc.1 | 95,000 | 12,930 | |
Stellantis NV | 1,038,800 | 12,275 | |
Evolution AB | 140,000 | 11,025 | |
Melco Resorts & Entertainment, Ltd. (ADR)1 | 1,559,600 | 10,340 | |
Target Corp. | 60,500 | 8,978 | |
Moncler SpA | 217,370 | 8,925 | |
Tesla, Inc.1 | 32,304 | 8,569 | |
Entain PLC | 665,250 | 7,989 | |
XPeng, Inc., Class A1,2 | 979,200 | 5,836 | |
888,621 | |||
Consumer staples 8.44% | |||
British American Tobacco PLC | 3,329,455 | 119,059 | |
Kweichow Moutai Co., Ltd., Class A | 388,821 | 102,274 | |
Philip Morris International, Inc. | 919,500 | 76,328 | |
Keurig Dr Pepper, Inc. | 1,624,000 | 58,172 | |
Nestlé SA | 481,100 | 52,093 | |
Altria Group, Inc. | 1,248,500 | 50,414 |
Common stocks (continued) Consumer staples (continued) | Shares | Value (000) | |
Monster Beverage Corp.1 | 350,920 | $30,516 | |
Costco Wholesale Corp. | 39,170 | 18,499 | |
Carrefour SA, non-registered shares | 842,900 | 11,677 | |
Simply Good Foods Co.1 | 263,800 | 8,439 | |
Bunge, Ltd. | 85,000 | 7,019 | |
534,490 | |||
Financials 7.42% | |||
Tradeweb Markets, Inc., Class A | 1,634,960 | 92,244 | |
AIA Group, Ltd. | 10,109,600 | 83,935 | |
Kotak Mahindra Bank, Ltd. | 2,915,200 | 64,525 | |
AXA SA | 1,692,893 | 37,065 | |
Aon PLC, Class A | 101,000 | 27,055 | |
Citigroup, Inc. | 497,600 | 20,735 | |
Société Générale | 1,011,450 | 20,068 | |
Prudential PLC | 1,773,082 | 17,421 | |
Zurich Insurance Group AG | 42,200 | 16,776 | |
Ping An Insurance (Group) Company of China, Ltd., Class H | 3,254,000 | 16,180 | |
Wells Fargo & Company | 377,200 | 15,171 | |
CME Group, Inc., Class A | 80,000 | 14,170 | |
Banco Santander, SA | 5,334,500 | 12,399 | |
AU Small Finance Bank, Ltd. | 1,416,725 | 10,665 | |
Bank of America Corp. | 320,200 | 9,670 | |
HDFC Life Insurance Company, Ltd. | 1,406,500 | 9,153 | |
Blackstone, Inc., nonvoting shares | 21,000 | 1,758 | |
Jackson Financial, Inc., Class A | 44,327 | 1,230 | |
Moscow Exchange MICEX-RTS PJSC1,3 | 12,640,000 | —4 | |
470,220 | |||
Industrials 4.77% | |||
Caterpillar, Inc. | 231,600 | 38,001 | |
MTU Aero Engines AG | 167,000 | 25,201 | |
Alliance Global Group, Inc. | 156,400,700 | 21,959 | |
Airbus SE, non-registered shares | 245,400 | 21,201 | |
NIBE Industrier AB, Class B | 2,328,700 | 20,676 | |
DSV A/S | 171,230 | 19,847 | |
GT Capital Holdings, Inc. | 2,454,611 | 17,373 | |
Safran SA | 156,300 | 14,211 | |
Suzhou Maxwell Technologies Co., Ltd., Class A | 194,970 | 13,322 | |
Carrier Global Corp. | 370,900 | 13,189 | |
L3Harris Technologies, Inc. | 62,600 | 13,010 | |
Canadian Pacific Railway, Ltd. (CAD denominated) | 183,000 | 12,216 | |
Daikin Industries, Ltd. | 74,600 | 11,527 | |
Recruit Holdings Co., Ltd. | 374,200 | 10,801 | |
Techtronic Industries Co., Ltd. | 1,070,000 | 10,109 | |
SMC Corp. | 22,500 | 9,077 | |
BayCurrent Consulting, Inc. | 32,100 | 8,246 | |
Rheinmetall AG | 52,200 | 8,085 | |
Nidec Corp. | 143,000 | 8,055 | |
Boeing Company1 | 51,300 | 6,211 | |
302,317 |
Common stocks (continued) Communication services 4.41% | Shares | Value (000) | |
Alphabet, Inc., Class A1 | 1,496,600 | $143,150 | |
Alphabet, Inc., Class C1 | 780,000 | 74,997 | |
Meta Platforms, Inc., Class A1 | 240,900 | 32,685 | |
Publicis Groupe SA | 273,000 | 12,918 | |
Tencent Holdings, Ltd. | 297,100 | 10,034 | |
Sea, Ltd., Class A (ADR)1 | 95,851 | 5,372 | |
279,156 | |||
Energy 2.97% | |||
Canadian Natural Resources, Ltd. (CAD denominated) | 1,168,000 | 54,369 | |
Reliance Industries, Ltd. | 1,601,273 | 46,314 | |
Tourmaline Oil Corp. | 707,000 | 36,743 | |
Equinor ASA | 592,000 | 19,526 | |
Aker BP ASA | 599,979 | 17,204 | |
Gaztransport & Technigaz SA | 75,000 | 8,298 | |
Halliburton Company | 235,128 | 5,789 | |
Gazprom PJSC3,5 | 8,346,000 | —4 | |
LUKOIL Oil Co. PJSC1,3,5 | 246,300 | —4 | |
188,243 | |||
Materials 2.87% | |||
Sherwin-Williams Company | 445,000 | 91,114 | |
Linde PLC | 103,800 | 27,984 | |
Vale SA, ordinary nominative shares | 1,397,000 | 18,657 | |
Corteva, Inc. | 201,300 | 11,504 | |
Shin-Etsu Chemical Co., Ltd. | 113,500 | 11,271 | |
First Quantum Minerals, Ltd. | 624,000 | 10,593 | |
Koninklijke DSM NV | 93,100 | 10,559 | |
181,682 | |||
Real estate 0.16% | |||
Goodman Logistics (HK), Ltd. REIT | 1,027,500 | 10,266 | |
Utilities 0.14% | |||
Brookfield Infrastructure Partners, LP | 247,500 | 8,878 | |
Total common stocks (cost: $4,408,254,000) | 5,542,589 | ||
Preferred securities 1.58% Health care 1.32% | |||
Sartorius AG, nonvoting non-registered preferred shares | 239,000 | 83,475 | |
Information technology 0.26% | |||
Samsung Electronics Co., Ltd., nonvoting preferred shares | 512,300 | 16,669 | |
Total preferred securities (cost: $27,546,000) | 100,144 |
Short-term securities 10.57% Money market investments 10.57% | Shares | Value (000) | |
Capital Group Central Cash Fund 2.81%6,7 | 6,693,157 | $669,249 | |
Total short-term securities (cost: $669,246,000) | 669,249 | ||
Total investment securities 99.64% (cost: $5,105,046,000) | 6,311,982 | ||
Other assets less liabilities 0.36% | 22,880 | ||
Net assets 100.00% | $6,334,862 |
Value of affiliates at 1/1/2022 (000) | Additions (000) | Reductions (000) | Net realized loss (000) | Net unrealized depreciation (000) | Value of affiliates at 9/30/2022 (000) | Dividend income (000) | ||||
Short-term securities 10.57% | ||||||||||
Money market investments 10.57% | ||||||||||
Capital Group Central Cash Fund 2.81%6 | $376,714 | $1,283,185 | $990,532 | $(76) | $(42) | $669,249 | $4,793 | |||
Money market investments purchased with collateral from securities on loan 0.00% | ||||||||||
Capital Group Central Cash Fund 2.81%6,8 | 1,808 | 1,8089 | — | —10 | ||||||
Total 10.57% | $(76) | $(42) | $669,249 | $4,793 |
Acquisition date | Cost (000) | Value (000) | Percent of net assets | |||
Gazprom PJSC3 | 7/19/2022 | $20,439 | $—4 | .00% | ||
LUKOIL Oil Co. PJSC1,3 | 7/13/2022 | 11,915 | —4 | .00 | ||
Total | $32,354 | $—4 | .00% |
1 | Security did not produce income during the last 12 months. |
2 | All or a portion of this security was on loan. The total value of all such securities was $6,091,000, which represented .10% of the net assets of the fund. |
3 | Value determined using significant unobservable inputs. |
4 | Amount less than one thousand. |
5 | Restricted security subject to legal or contractual restrictions on resale. The total value of all such restricted securities was less than $1,000, which represented less than 0.01% of the net assets of the fund. |
6 | Rate represents the seven-day yield at 9/30/2022. |
7 | Part of the same “group of investment companies“ as the fund as defined under the Investment Company Act of 1940, as amended. |
8 | Affiliated issuer during the reporting period but no longer held at 9/30/2022. |
9 | Represents net activity. |
10 | Dividend income is included with securities lending income and is not shown in this table. |
Key to abbreviations |
ADR = American Depositary Receipts |
CAD = Canadian dollars |
REIT = Real Estate Investment Trust |
Common stocks 89.10% Information technology 18.97% | Shares | Value (000) | |
Wolfspeed, Inc.1 | 790,681 | $81,725 | |
eMemory Technology, Inc. | 821,430 | 29,004 | |
Confluent, Inc., Class A1 | 1,124,085 | 26,719 | |
PAR Technology Corp.1,2 | 837,615 | 24,735 | |
Nordic Semiconductor ASA1 | 1,359,841 | 17,811 | |
Net One Systems Co., Ltd. | 908,156 | 17,500 | |
Tanla Platforms, Ltd. | 1,477,291 | 14,037 | |
ALTEN SA, non-registered shares | 124,108 | 13,588 | |
SUMCO Corp. | 1,146,200 | 13,318 | |
Smartsheet, Inc., Class A1 | 346,627 | 11,910 | |
Ceridian HCM Holding, Inc.1 | 211,500 | 11,819 | |
Silicon Laboratories, Inc.1 | 95,000 | 11,727 | |
Gitlab, Inc., Class A1 | 213,816 | 10,952 | |
Euronet Worldwide, Inc.1 | 144,187 | 10,924 | |
Extreme Networks, Inc.1 | 828,378 | 10,827 | |
Alphawave IP Group PLC1,2 | 6,933,632 | 10,523 | |
MACOM Technology Solutions Holdings, Inc.1 | 190,000 | 9,840 | |
SINBON Electronics Co., Ltd. | 1,142,550 | 9,488 | |
Kingdee International Software Group Co., Ltd.1 | 7,337,224 | 9,487 | |
CCC Intelligent Solutions Holdings, Inc.1 | 1,033,074 | 9,401 | |
Pegasystems, Inc. | 288,141 | 9,261 | |
Keywords Studios PLC | 344,606 | 8,788 | |
Qorvo, Inc.1 | 110,518 | 8,776 | |
Aspen Technology, Inc.1 | 36,561 | 8,709 | |
SimCorp AS | 139,192 | 7,792 | |
SHIFT, Inc.1 | 59,200 | 7,652 | |
Truecaller AB, Class B1,2 | 2,177,076 | 7,249 | |
Silergy Corp. | 513,320 | 6,729 | |
Credo Technology Group Holding, Ltd.1,2 | 555,400 | 6,109 | |
BE Semiconductor Industries NV | 139,220 | 5,925 | |
OVH Groupe SAS1,2 | 591,394 | 5,846 | |
Marqeta, Inc., Class A1 | 709,532 | 5,052 | |
INFICON Holding AG | 7,397 | 4,923 | |
Cognex Corp. | 116,600 | 4,833 | |
SentinelOne, Inc., Class A1 | 186,212 | 4,760 | |
MongoDB, Inc., Class A1 | 23,300 | 4,626 | |
ironSource, Ltd., Class A1 | 1,328,000 | 4,568 | |
Bentley Systems, Inc., Class B | 142,373 | 4,355 | |
HashiCorp, Inc., Class A1 | 134,900 | 4,342 | |
Topicus.com, Inc., subordinate voting shares1 | 87,540 | 4,209 | |
AvidXchange Holdings, Inc.1 | 489,768 | 4,124 | |
Kingboard Laminates Holdings, Ltd. | 4,498,000 | 4,021 | |
Unimicron Technology Corp. | 1,016,007 | 3,773 | |
Bechtle AG, non-registered shares | 98,500 | 3,584 | |
Globant SA1 | 17,730 | 3,317 | |
Rapid7, Inc.1 | 71,250 | 3,057 |
Common stocks (continued) Information technology (continued) | Shares | Value (000) | |
Softcat PLC | 222,430 | $2,903 | |
Linklogis, Inc., Class B1 | 6,753,115 | 2,795 | |
Semtech Corp.1 | 90,000 | 2,647 | |
AppFolio, Inc., Class A1 | 23,643 | 2,476 | |
Kingboard Holdings, Ltd. | 710,000 | 1,995 | |
Cvent Holding Corp.1 | 344,800 | 1,810 | |
GlobalWafers Co., Ltd. | 145,000 | 1,650 | |
Yotpo, Ltd.1,3,4 | 678,736 | 1,113 | |
SiteMinder, Ltd.1 | 117,232 | 230 | |
519,334 | |||
Industrials 17.68% | |||
International Container Terminal Services, Inc. | 11,690,490 | 31,256 | |
Visional, Inc.1 | 504,850 | 30,856 | |
Stericycle, Inc.1 | 571,050 | 24,047 | |
Japan Airport Terminal Co., Ltd.1 | 558,700 | 23,117 | |
Cleanaway Waste Management, Ltd. | 12,501,414 | 21,704 | |
IMCD NV | 177,337 | 21,046 | |
Boyd Group Services, Inc. | 155,909 | 19,633 | |
Trelleborg AB, Class B | 982,292 | 18,320 | |
Fasadgruppen Group AB | 2,370,503 | 18,224 | |
Vicor Corp.1 | 300,876 | 17,794 | |
Alfen NV1 | 193,373 | 17,762 | |
Instalco AB | 4,098,065 | 16,296 | |
Interpump Group SpA | 454,700 | 14,708 | |
Japan Elevator Service Holdings Co., Ltd. | 1,121,800 | 14,470 | |
CG Power and Industrial Solutions, Ltd.1 | 4,880,108 | 14,075 | |
Montrose Environmental Group, Inc.1 | 348,186 | 11,717 | |
Cargotec OYJ, Class B, non-registered shares | 300,450 | 9,045 | |
Woodward, Inc. | 105,000 | 8,427 | |
Comfort Systems USA, Inc. | 84,100 | 8,185 | |
AirTAC International Group | 355,062 | 8,123 | |
Centre Testing International Group Co., Ltd. | 2,684,839 | 7,701 | |
Melrose Industries PLC | 6,512,400 | 7,271 | |
Wizz Air Holdings PLC1 | 402,796 | 7,084 | |
Guangzhou Baiyun International Airport Co., Ltd., Class A1 | 3,524,879 | 7,083 | |
Chart Industries, Inc.1 | 38,348 | 7,070 | |
GVS SpA1 | 1,192,262 | 6,962 | |
Rumo SA | 2,022,100 | 6,927 | |
DL E&C Co., Ltd. | 287,442 | 6,814 | |
Kajaria Ceramics, Ltd. | 450,000 | 6,618 | |
Engcon AB, Class B1 | 1,070,647 | 6,549 | |
KEI Industries, Ltd. | 357,929 | 6,304 | |
SIS, Ltd.1 | 1,128,949 | 5,735 | |
Atlas Corp.2 | 395,000 | 5,491 | |
Harsha Engineers International, Ltd.1,4 | 969,570 | 5,256 | |
Harsha Engineers International, Ltd.1 | 1,207 | 7 | |
Carel Industries SpA | 252,900 | 4,726 | |
Addtech AB, Class B | 353,050 | 4,605 | |
Diploma PLC | 161,300 | 4,136 | |
Saia, Inc.1 | 21,527 | 4,090 | |
First Advantage Corp.1 | 289,017 | 3,708 | |
Controladora Vuela Compañía de Aviación, SAB de CV, Class A (ADR), ordinary participation certificates1 | 460,200 | 3,217 | |
Sulzer AG | 54,789 | 3,131 |
Common stocks (continued) Industrials (continued) | Shares | Value (000) | |
Hensoldt AG | 152,014 | $3,053 | |
The AZEK Co., Inc., Class A1 | 178,373 | 2,965 | |
Daiseki Co., Ltd. | 93,500 | 2,853 | |
LIXIL Corp. | 196,500 | 2,847 | |
Antares Vision SpA1,2 | 281,100 | 2,001 | |
ITM Power PLC1,2 | 584,711 | 667 | |
Matson, Inc. | 8,674 | 534 | |
484,210 | |||
Health care 15.81% | |||
Insulet Corp.1 | 337,461 | 77,414 | |
Haemonetics Corp.1 | 1,018,080 | 75,368 | |
Oak Street Health, Inc.1 | 1,542,490 | 37,822 | |
Max Healthcare Institute, Ltd.1 | 5,638,226 | 28,209 | |
Globus Medical, Inc., Class A1 | 464,688 | 27,681 | |
Integra LifeSciences Holdings Corp.1 | 569,500 | 24,124 | |
Hapvida Participações e Investimentos SA1 | 12,352,106 | 17,334 | |
CONMED Corp. | 200,920 | 16,108 | |
CanSino Biologics, Inc., Class H2 | 2,483,400 | 13,951 | |
Ocumension Therapeutics1 | 9,650,966 | 12,540 | |
iRhythm Technologies, Inc.1 | 79,700 | 9,985 | |
Shandong Pharmaceutical Glass Co., Ltd., Class A | 2,180,508 | 8,881 | |
ICON PLC1 | 46,061 | 8,465 | |
CompuGroup Medical SE & Co. KGaA | 228,815 | 7,930 | |
Bachem Holding AG | 112,328 | 6,988 | |
Penumbra, Inc.1 | 36,200 | 6,864 | |
New Horizon Health, Ltd.1 | 3,707,844 | 6,837 | |
Netcare, Ltd. | 8,818,088 | 6,633 | |
Medmix AG | 374,180 | 6,545 | |
Health Catalyst, Inc.1 | 568,785 | 5,517 | |
Ambu AS, Class B, non-registered shares | 595,252 | 5,144 | |
Encompass Health Corp. | 90,644 | 4,100 | |
Amedisys, Inc.1 | 38,867 | 3,762 | |
Amplifon SpA | 141,536 | 3,706 | |
Angelalign Technology, Inc. | 284,600 | 2,701 | |
Amvis Holdings, Inc. | 149,100 | 2,479 | |
Nordhealth AS, Class A1,2 | 1,279,999 | 2,344 | |
Gland Pharma, Ltd.1 | 90,000 | 2,308 | |
Vaxcyte, Inc.1 | 39,553 | 949 | |
Denali Therapeutics, Inc.1 | 3,503 | 107 | |
432,796 | |||
Consumer discretionary 15.70% | |||
Mattel, Inc.1 | 1,400,000 | 26,516 | |
Thor Industries, Inc. | 370,472 | 25,926 | |
Five Below, Inc.1 | 165,181 | 22,741 | |
NEXTAGE Co., Ltd. | 997,800 | 21,666 | |
Skechers USA, Inc., Class A1 | 650,000 | 20,618 | |
Wyndham Hotels & Resorts, Inc. | 332,330 | 20,388 | |
Entain PLC | 1,424,930 | 17,112 | |
Lands’ End, Inc.1,5 | 2,100,000 | 16,212 | |
YETI Holdings, Inc.1 | 522,205 | 14,893 | |
Asbury Automotive Group, Inc.1 | 97,426 | 14,721 | |
Tube Investments of India, Ltd. | 415,592 | 13,949 | |
Helen of Troy, Ltd.1 | 141,542 | 13,650 |
Common stocks (continued) Consumer discretionary (continued) | Shares | Value (000) | |
Evolution AB | 172,264 | $13,566 | |
Inchcape PLC | 1,719,150 | 12,937 | |
Light & Wonder, Inc.1 | 299,658 | 12,849 | |
DraftKings, Inc., Class A1,2 | 756,364 | 11,451 | |
Leslie’s, Inc.1,2 | 676,964 | 9,958 | |
Everi Holdings, Inc.1 | 597,590 | 9,693 | |
WH Smith PLC1 | 701,756 | 9,314 | |
Golden Entertainment, Inc.1 | 256,800 | 8,960 | |
Tongcheng Travel Holdings, Ltd.1 | 4,538,400 | 8,865 | |
Kindred Group PLC (SDR) | 1,164,011 | 8,686 | |
Musti Group OYJ | 495,800 | 8,588 | |
Haichang Ocean Park Holdings, Ltd.1,2 | 8,713,000 | 8,531 | |
Melco Resorts & Entertainment, Ltd. (ADR)1 | 1,259,973 | 8,354 | |
Shoei Co., Ltd. | 219,400 | 7,950 | |
TopBuild Corp.1 | 47,200 | 7,778 | |
Basic-Fit NV1,2 | 259,466 | 7,764 | |
DESCENTE, Ltd. | 295,025 | 6,708 | |
Chervon Holdings, Ltd.2 | 1,635,700 | 6,174 | |
Compagnie Plastic Omnium SA | 369,243 | 4,815 | |
Melco International Development, Ltd.1 | 6,130,000 | 4,720 | |
Domino’s Pizza Enterprises, Ltd. | 124,509 | 4,076 | |
On Holding AG, Class A1,2 | 238,410 | 3,827 | |
Zhongsheng Group Holdings, Ltd. | 938,500 | 3,690 | |
Persimmon PLC | 255,136 | 3,512 | |
Coursera, Inc.1 | 244,300 | 2,634 | |
IDP Education, Ltd. | 150,966 | 2,526 | |
Elior Group SA1 | 999,232 | 1,802 | |
Arco Platform, Ltd., Class A1,2 | 158,600 | 1,711 | |
429,831 | |||
Financials 9.27% | |||
Star Health & Allied Insurance Co., Ltd.1,4 | 6,037,336 | 48,026 | |
Cholamandalam Investment and Finance Co., Ltd. | 3,684,053 | 32,871 | |
Independent Bank Group, Inc. | 280,449 | 17,217 | |
Eurobank Ergasias Services and Holdings SA1 | 19,119,028 | 15,817 | |
Stifel Financial Corp. | 271,050 | 14,070 | |
Glacier Bancorp, Inc. | 286,088 | 14,056 | |
Trupanion, Inc.1,2 | 200,000 | 11,886 | |
IIFL Wealth Management, Ltd. | 513,500 | 11,589 | |
Janus Henderson Group PLC | 440,000 | 8,936 | |
SouthState Corp. | 107,550 | 8,509 | |
Aavas Financiers, Ltd.1 | 272,734 | 7,460 | |
Remgro, Ltd. | 965,035 | 7,082 | |
Patria Investments, Ltd., Class A | 508,200 | 6,632 | |
IIFL Finance, Ltd. | 1,459,000 | 6,275 | |
Eastern Bankshares, Inc. | 278,164 | 5,463 | |
SiriusPoint, Ltd.1 | 1,100,000 | 5,445 | |
United Community Banks, Inc. | 140,000 | 4,634 | |
Fukuoka Financial Group, Inc. | 244,700 | 4,342 | |
Aptus Value Housing Finance India, Ltd.1 | 1,065,624 | 4,014 | |
Allfunds Group PLC | 470,000 | 3,445 | |
East West Bancorp, Inc. | 49,700 | 3,337 | |
Haci Ömer Sabanci Holding AS | 2,323,200 | 3,231 | |
WealthNavi, Inc.1,2 | 278,900 | 2,986 | |
AU Small Finance Bank, Ltd. | 266,116 | 2,003 |
Common stocks (continued) Financials (continued) | Shares | Value (000) | |
PT Bank Raya Indonesia Tbk1 | 48,869,896 | $1,754 | |
Bridgepoint Group PLC | 740,731 | 1,544 | |
Capitec Bank Holdings, Ltd. | 15,161 | 1,300 | |
253,924 | |||
Materials 3.15% | |||
JSR Corp. | 861,988 | 16,426 | |
LANXESS AG | 441,240 | 12,921 | |
OZ Minerals, Ltd. | 648,901 | 10,652 | |
Navin Fluorine International, Ltd. | 175,000 | 9,597 | |
Perimeter Solutions SA1,2 | 721,454 | 5,779 | |
Perimeter Solutions SA1 | 221,167 | 1,771 | |
PI Industries, Ltd. | 188,382 | 6,885 | |
Nanofilm Technologies International, Ltd. | 3,325,951 | 4,816 | |
Livent Corp.1 | 130,000 | 3,985 | |
Vidrala, SA, non-registered shares | 61,827 | 3,599 | |
MMG, Ltd.1 | 14,608,000 | 3,468 | |
Toyo Gosei Co., Ltd.2 | 63,400 | 2,791 | |
Recticel SA/NV | 175,000 | 2,296 | |
Mayr-Melnhof Karton AG, non-registered shares | 10,516 | 1,350 | |
86,336 | |||
Real estate 2.16% | |||
Embassy Office Parks REIT | 4,939,400 | 20,975 | |
Altus Group, Ltd.2 | 475,189 | 15,404 | |
JHSF Participações SA | 5,073,950 | 6,960 | |
Macrotech Developers, Ltd.1 | 582,697 | 6,553 | |
Mindspace Business Parks REIT | 1,250,000 | 5,579 | |
ESR-Logos REIT | 15,133,930 | 3,745 | |
59,216 | |||
Communication services 1.83% | |||
Lions Gate Entertainment Corp., Class B1 | 3,059,785 | 21,265 | |
JCDecaux SA1 | 788,279 | 9,281 | |
Pearson PLC | 636,200 | 6,097 | |
Rightmove PLC | 816,439 | 4,331 | |
Bandwidth, Inc., Class A1 | 284,506 | 3,386 | |
VTEX, Class A1,2 | 903,006 | 3,341 | |
Trustpilot Group PLC1 | 2,966,832 | 2,495 | |
50,196 | |||
Consumer staples 1.76% | |||
Grocery Outlet Holding Corp.1 | 521,782 | 17,370 | |
Monde Nissin Corp. | 49,971,450 | 10,359 | |
Shop Apotheke Europe NV, non-registered shares1,2 | 169,500 | 6,882 | |
Scandinavian Tobacco Group A/S | 305,111 | 4,402 | |
AAK AB | 223,527 | 2,947 | |
Royal Unibrew A/S | 44,000 | 2,848 | |
Hilton Food Group PLC | 375,115 | 2,228 | |
Dole PLC | 98,700 | 720 | |
Zur Rose Group AG1,2 | 9,250 | 272 | |
Vector Group, Ltd. | 2,700 | 24 | |
48,052 |
Common stocks (continued) Utilities 1.43% | Shares | Value (000) | |
ENN Energy Holdings, Ltd. | 1,878,900 | $25,001 | |
ACEN Corp. | 105,358,300 | 10,075 | |
Neoenergia SA | 1,442,015 | 4,090 | |
39,166 | |||
Energy 1.34% | |||
Venture Global LNG, Inc., Series C1,3,4 | 2,760 | 22,280 | |
DT Midstream, Inc. | 166,383 | 8,634 | |
Subsea 7 SA | 703,801 | 5,560 | |
Helmerich & Payne, Inc. | 7,700 | 285 | |
36,759 | |||
Total common stocks (cost: $2,350,948,000) | 2,439,820 | ||
Preferred securities 0.99% Information technology 0.63% | |||
SmartHR, Inc., Series D, preferred shares1,3,4 | 3,006 | 8,509 | |
Yotpo, Ltd., Series F, preferred shares1,3,4 | 2,158,609 | 3,540 | |
Yotpo, Ltd., Series B, preferred shares1,3,4 | 287,894 | 472 | |
Yotpo, Ltd., Series C, preferred shares1,3,4 | 274,070 | 449 | |
Yotpo, Ltd., Series A-1, preferred shares1,3,4 | 183,819 | 301 | |
Yotpo, Ltd., Series A, preferred shares1,3,4 | 89,605 | 147 | |
Yotpo, Ltd., Series C-1, preferred shares1,3,4 | 75,980 | 125 | |
Yotpo, Ltd., Series D, preferred shares1,3,4 | 42,368 | 70 | |
Yotpo, Ltd., Series B-1, preferred shares1,3,4 | 33,838 | 56 | |
Outreach Corp., Series G, preferred shares1,3,4 | 154,354 | 3,532 | |
17,201 | |||
Industrials 0.35% | |||
Azul SA (ADR), preferred nominative shares1,2 | 1,128,836 | 9,189 | |
Azul SA, preferred nominative shares1 | 109,500 | 299 | |
9,488 | |||
Health care 0.01% | |||
PACT Pharma, Inc., Series C, 8.00% noncumulative preferred shares1,3,4 | 2,931,405 | 410 | |
Total preferred securities (cost: $45,235,000) | 27,099 | ||
Rights & warrants 0.43% Information technology 0.43% | |||
OPT Machine Vision Tech Co., Ltd., Class A, warrants, expire 20231,6 | 355,879 | 11,696 | |
Total rights & warrants (cost: $18,773,000) | 11,696 | ||
Short-term securities 13.29% Money market investments 10.02% | |||
Capital Group Central Cash Fund 2.81%5,7 | 2,743,455 | 274,318 | |
Money market investments purchased with collateral from securities on loan 3.27% | |||
Capital Group Central Cash Fund 2.81%5,7,8 | 498,540 | 49,849 | |
Goldman Sachs Financial Square Government Fund, Institutional Shares 2.93%7,8 | 7,990,042 | 7,990 |
Short-term securities (continued) Money market investments purchased with collateral from securities on loan (continued) | Shares | Value (000) | |
Invesco Short-Term Investments Trust – Government & Agency Portfolio, Institutional Class 2.88%7,8 | 7,975,681 | $7,976 | |
Morgan Stanley Institutional Liquidity Funds – Government Portfolio, Institutional Class 2.80%7,8 | 7,975,681 | 7,976 | |
State Street Institutional U.S. Government Money Market Fund, Institutional Class 2.91%7,8 | 7,975,681 | 7,976 | |
BlackRock Liquidity Funds – FedFund, Institutional Shares 2.76%7,8 | 7,975,681 | 7,975 | |
89,742 | |||
Total short-term securities (cost: $364,052,000) | 364,060 | ||
Total investment securities 103.81% (cost: $2,779,008,000) | 2,842,675 | ||
Other assets less liabilities (3.81)% | (104,389) | ||
Net assets 100.00% | $2,738,286 |
Value of affiliates at 1/1/2022 (000) | Additions (000) | Reductions (000) | Net realized loss (000) | Net unrealized depreciation (000) | Value of affiliates at 9/30/2022 (000) | Dividend income (000) | ||||
Common stocks 0.59% | ||||||||||
Consumer discretionary 0.59% | ||||||||||
Lands’ End, Inc.1 | $41,223 | $— | $— | $— | $(25,011) | $16,212 | $— | |||
Short-term securities 11.84% | ||||||||||
Money market investments 10.02% | ||||||||||
Capital Group Central Cash Fund 2.81%7 | 203,087 | 751,679 | 680,412 | (25) | (11) | 274,318 | 2,131 | |||
Money market investments purchased with collateral from securities on loan 1.82% | ||||||||||
Capital Group Central Cash Fund 2.81%7,8 | 32,260 | 17,5899 | 49,849 | —10 | ||||||
Total short-term securities | 324,167 | |||||||||
Total 12.43% | $(25) | $(25,022) | $340,379 | $2,131 |
Acquisition date | Cost (000) | Value (000) | Percent of net assets | |
Star Health & Allied Insurance Co., Ltd.1 | 3/30/2021 | $40,710 | $48,026 | 1.75% |
Venture Global LNG, Inc., Series C1,3 | 5/1/2015 | 8,280 | 22,280 | .81 |
SmartHR, Inc., Series D, preferred shares1,3 | 5/28/2021 | 14,344 | 8,509 | .31 |
Yotpo, Ltd., Series F, preferred shares1,3 | 2/25/2021 | 4,748 | 3,540 | .13 |
Yotpo, Ltd.1,3 | 3/16/2021 | 1,418 | 1,113 | .04 |
Yotpo, Ltd., Series B, preferred shares1,3 | 3/16/2021 | 602 | 472 | .02 |
Yotpo, Ltd., Series C, preferred shares1,3 | 3/16/2021 | 573 | 449 | .02 |
Yotpo, Ltd., Series A-1, preferred shares1,3 | 3/16/2021 | 384 | 301 | .01 |
Yotpo, Ltd., Series A, preferred shares1,3 | 3/16/2021 | 187 | 147 | .01 |
Yotpo, Ltd., Series C-1, preferred shares1,3 | 3/16/2021 | 159 | 125 | .00 |
Yotpo, Ltd., Series D, preferred shares1,3 | 3/16/2021 | 88 | 70 | .00 |
Yotpo, Ltd., Series B-1, preferred shares1,3 | 3/16/2021 | 71 | 56 | .00 |
Harsha Engineers International, Ltd.1 | 9/13/2022 | 4,042 | 5,256 | .19 |
Acquisition date | Cost (000) | Value (000) | Percent of net assets | |||
Outreach Corp., Series G, preferred shares1,3 | 5/27/2021 | $4,517 | $3,532 | .13% | ||
PACT Pharma, Inc., Series C, 8.00% noncumulative preferred shares1,3 | 2/7/2020 | 6,000 | 410 | .02 | ||
Total | $86,123 | $94,286 | 3.44% |
1 | Security did not produce income during the last 12 months. |
2 | All or a portion of this security was on loan. The total value of all such securities was $101,434,000, which represented 3.70% of the net assets of the fund. |
3 | Value determined using significant unobservable inputs. |
4 | Restricted security, other than Rule 144A, subject to legal or contractual restrictions on resale, including private placement securities not registered under the Securities Act of 1933. The total value of all such restricted securities was $94,286,000, which represented 3.44% of the net assets of the fund. |
5 | Affiliate of the fund or part of the same “group of investment companies“ as the fund, as defined under the Investment Company Act of 1940, as amended. |
6 | Acquired in a transaction exempt from registration under Rule 144A of the Securities Act of 1933. May be resold in the U.S. in transactions exempt from registration, normally to qualified institutional buyers. The total value of all such securities was $11,696,000, which represented .43% of the net assets of the fund. |
7 | Rate represents the seven-day yield at 9/30/2022. |
8 | Security purchased with cash collateral from securities on loan. |
9 | Represents net activity. |
10 | Dividend income is included with securities lending income and is not shown in this table. |
Key to abbreviations |
ADR = American Depositary Receipts |
REIT = Real Estate Investment Trust |
SDR = Swedish Depositary Receipts |
Common stocks 95.77% Consumer discretionary 21.58% | Shares | Value (000) | |
Tesla, Inc.1 | 10,685,000 | $2,834,196 | |
Amazon.com, Inc.1 | 5,039,800 | 569,497 | |
D.R. Horton, Inc. | 5,450,144 | 367,067 | |
Dollar General Corp. | 1,357,120 | 325,519 | |
Home Depot, Inc. | 1,031,000 | 284,494 | |
Dollar Tree Stores, Inc.1 | 1,883,915 | 256,401 | |
Las Vegas Sands Corp.1 | 5,500,000 | 206,360 | |
LVMH Moët Hennessy-Louis Vuitton SE | 313,000 | 183,992 | |
Chipotle Mexican Grill, Inc.1 | 118,500 | 178,077 | |
Hermès International | 94,901 | 111,543 | |
Airbnb, Inc., Class A1 | 1,044,500 | 109,714 | |
Booking Holdings, Inc.1 | 60,300 | 99,086 | |
Royal Caribbean Cruises, Ltd.1 | 2,282,305 | 86,499 | |
Target Corp. | 545,200 | 80,902 | |
Aramark | 2,454,864 | 76,592 | |
Burlington Stores, Inc.1 | 664,250 | 74,323 | |
NVR, Inc.1 | 18,380 | 73,283 | |
Etsy, Inc.1 | 715,997 | 71,693 | |
O’Reilly Automotive, Inc.1 | 100,400 | 70,616 | |
Darden Restaurants, Inc. | 433,876 | 54,807 | |
DoorDash, Inc., Class A1 | 850,000 | 42,033 | |
NIKE, Inc., Class B | 489,400 | 40,679 | |
Norwegian Cruise Line Holdings, Ltd.1,2 | 3,076,903 | 34,954 | |
Salvatore Ferragamo SpA | 2,174,477 | 30,466 | |
Floor & Decor Holdings, Inc., Class A1 | 420,000 | 29,509 | |
YUM! Brands, Inc. | 275,700 | 29,318 | |
Polaris, Inc. | 280,000 | 26,782 | |
VF Corp. | 872,859 | 26,107 | |
adidas AG | 200,959 | 23,321 | |
General Motors Company | 660,000 | 21,179 | |
LGI Homes, Inc.1 | 248,150 | 20,192 | |
Adient PLC1 | 722,000 | 20,036 | |
Hilton Worldwide Holdings, Inc. | 128,708 | 15,525 | |
Caesars Entertainment, Inc.1 | 477,000 | 15,388 | |
YETI Holdings, Inc.1 | 405,000 | 11,551 | |
Toll Brothers, Inc. | 248,100 | 10,420 | |
Carvana Co., Class A1,2 | 210,400 | 4,271 | |
Helen of Troy, Ltd.1 | 34,020 | 3,281 | |
Westwing Group SE, non-registered shares1 | 161,536 | 883 | |
6,520,556 | |||
Information technology 19.78% | |||
Microsoft Corp. | 6,473,733 | 1,507,732 | |
Broadcom, Inc. | 1,148,695 | 510,032 | |
ASML Holding NV | 736,108 | 305,331 | |
ASML Holding NV (New York registered) (ADR) | 189,937 | 78,891 |
Common stocks (continued) Information technology (continued) | Shares | Value (000) | |
Taiwan Semiconductor Manufacturing Company, Ltd. | 13,774,000 | $181,049 | |
Taiwan Semiconductor Manufacturing Company, Ltd. (ADR) | 793,700 | 54,416 | |
Apple, Inc. | 1,694,416 | 234,168 | |
Visa, Inc., Class A | 1,198,388 | 212,894 | |
Wolfspeed, Inc.1 | 1,730,005 | 178,813 | |
Mastercard, Inc., Class A | 551,937 | 156,938 | |
Salesforce, Inc.1 | 960,000 | 138,086 | |
Micron Technology, Inc. | 2,357,529 | 118,112 | |
RingCentral, Inc., Class A1 | 2,938,417 | 117,419 | |
Motorola Solutions, Inc. | 510,100 | 114,247 | |
Fiserv, Inc.1 | 1,097,000 | 102,646 | |
ServiceNow, Inc.1 | 269,875 | 101,908 | |
Applied Materials, Inc. | 1,199,328 | 98,261 | |
Synopsys, Inc. (USA)1 | 303,000 | 92,570 | |
Shopify, Inc., Class A, subordinate voting shares1 | 3,402,460 | 91,662 | |
Tyler Technologies, Inc.1 | 263,200 | 91,462 | |
Cloudflare, Inc., Class A1 | 1,514,130 | 83,747 | |
FleetCor Technologies, Inc.1 | 469,000 | 82,624 | |
NVIDIA Corp. | 665,500 | 80,785 | |
MicroStrategy, Inc., Class A1 | 358,514 | 76,098 | |
Fidelity National Information Services, Inc. | 884,718 | 66,858 | |
Genpact, Ltd. | 1,482,231 | 64,877 | |
MongoDB, Inc., Class A1 | 324,518 | 64,436 | |
Bill.com Holdings, Inc.1 | 471,062 | 62,355 | |
Keyence Corp. | 165,500 | 54,947 | |
Unity Software, Inc.1,2 | 1,660,000 | 52,888 | |
CDW Corp. | 311,859 | 48,675 | |
GoDaddy, Inc., Class A1 | 645,081 | 45,723 | |
Trimble, Inc.1 | 840,920 | 45,637 | |
Block, Inc., Class A1 | 749,493 | 41,215 | |
Amadeus IT Group SA, Class A, non-registered shares1 | 886,808 | 41,049 | |
Ceridian HCM Holding, Inc.1 | 712,011 | 39,787 | |
SAP SE | 477,361 | 39,351 | |
SK hynix, Inc. | 653,000 | 37,468 | |
Flex, Ltd.1 | 2,234,300 | 37,223 | |
Toast, Inc., Class A1 | 2,193,518 | 36,676 | |
Concentrix Corp. | 305,551 | 34,109 | |
NetApp, Inc. | 527,540 | 32,628 | |
Intel Corp. | 1,136,000 | 29,275 | |
Silicon Laboratories, Inc.1 | 231,815 | 28,615 | |
MKS Instruments, Inc. | 335,705 | 27,743 | |
Smartsheet, Inc., Class A1 | 729,700 | 25,073 | |
Alteryx, Inc., Class A1 | 402,200 | 22,459 | |
Nuvei Corp., subordinate voting shares1 | 806,616 | 21,798 | |
VeriSign, Inc.1 | 110,053 | 19,116 | |
Adobe, Inc.1 | 69,034 | 18,998 | |
TE Connectivity, Ltd. | 156,600 | 17,282 | |
DocuSign, Inc.1 | 320,712 | 17,148 | |
Ciena Corp.1 | 416,000 | 16,819 | |
Intuit, Inc. | 39,000 | 15,106 | |
Lam Research Corp. | 40,617 | 14,866 | |
TELUS International (Cda), Inc., subordinate voting shares1 | 533,800 | 13,964 | |
Enphase Energy, Inc.1 | 45,303 | 12,570 | |
Globant SA1 | 57,138 | 10,689 |
Common stocks (continued) Information technology (continued) | Shares | Value (000) | |
Kulicke and Soffa Industries, Inc. | 151,860 | $5,851 | |
Stripe, Inc., Class B1,3,4 | 168,598 | 4,846 | |
5,978,011 | |||
Health care 16.32% | |||
Regeneron Pharmaceuticals, Inc.1 | 1,183,991 | 815,616 | |
UnitedHealth Group, Inc. | 1,537,251 | 776,373 | |
Alnylam Pharmaceuticals, Inc.1 | 2,061,030 | 412,536 | |
Intuitive Surgical, Inc.1 | 2,058,000 | 385,752 | |
Centene Corp.1 | 4,602,430 | 358,115 | |
Thermo Fisher Scientific, Inc. | 532,200 | 269,926 | |
Vertex Pharmaceuticals, Inc.1 | 879,601 | 254,680 | |
Seagen, Inc.1 | 1,421,513 | 194,506 | |
NovoCure, Ltd.1 | 2,388,098 | 181,448 | |
Eli Lilly and Company | 422,381 | 136,577 | |
CVS Health Corp. | 1,034,700 | 98,679 | |
Moderna, Inc.1 | 750,000 | 88,687 | |
Edwards Lifesciences Corp.1 | 906,411 | 74,897 | |
Pfizer, Inc. | 1,675,000 | 73,298 | |
AstraZeneca PLC | 550,784 | 60,570 | |
Danaher Corp. | 216,235 | 55,851 | |
Gilead Sciences, Inc. | 899,185 | 55,471 | |
Horizon Therapeutics PLC1 | 823,167 | 50,946 | |
Molina Healthcare, Inc.1 | 145,723 | 48,065 | |
Verily Life Sciences, LLC1,3,4 | 300,178 | 45,222 | |
Guardant Health, Inc.1 | 768,158 | 41,350 | |
Abbott Laboratories | 426,712 | 41,289 | |
Zoetis, Inc., Class A | 259,183 | 38,434 | |
Karuna Therapeutics, Inc.1 | 170,239 | 38,292 | |
Zimmer Biomet Holdings, Inc. | 353,900 | 37,000 | |
Inari Medical, Inc.1 | 502,200 | 36,480 | |
Humana, Inc. | 65,982 | 32,014 | |
Catalent, Inc.1 | 409,100 | 29,602 | |
Mettler-Toledo International, Inc.1 | 26,000 | 28,187 | |
Align Technology, Inc.1 | 112,000 | 23,196 | |
Biohaven Pharmaceutical Holding Co., Ltd.1 | 131,100 | 19,818 | |
Oak Street Health, Inc.1 | 806,352 | 19,772 | |
CRISPR Therapeutics AG1 | 262,678 | 17,166 | |
R1 RCM, Inc.1 | 912,865 | 16,915 | |
Ascendis Pharma A/S (ADR)1 | 140,377 | 14,495 | |
DexCom, Inc.1 | 148,800 | 11,984 | |
Exact Sciences Corp.1 | 341,000 | 11,079 | |
Galapagos NV1 | 231,294 | 9,897 | |
Pacific Biosciences of California, Inc.1,2 | 1,613,190 | 9,365 | |
Fate Therapeutics, Inc.1 | 417,000 | 9,345 | |
Ultragenyx Pharmaceutical, Inc.1 | 161,278 | 6,679 | |
Sana Biotechnology, Inc.1,2 | 179,600 | 1,078 | |
4,930,652 | |||
Communication services 13.55% | |||
Meta Platforms, Inc., Class A1 | 9,713,669 | 1,317,951 | |
Alphabet, Inc., Class C1 | 7,059,880 | 678,808 | |
Alphabet, Inc., Class A1 | 2,232,320 | 213,521 | |
Netflix, Inc.1 | 3,718,263 | 875,428 | |
Activision Blizzard, Inc. | 3,000,000 | 223,020 |
Common stocks (continued) Communication services (continued) | Shares | Value (000) | |
Verizon Communications, Inc. | 3,720,000 | $141,248 | |
Charter Communications, Inc., Class A1 | 395,486 | 119,971 | |
Snap, Inc., Class A, nonvoting shares1 | 8,880,711 | 87,209 | |
ZoomInfo Technologies, Inc.1 | 1,880,300 | 78,333 | |
Frontier Communications Parent, Inc.1 | 3,168,010 | 74,226 | |
T-Mobile US, Inc.1 | 447,940 | 60,100 | |
Comcast Corp., Class A | 1,822,263 | 53,447 | |
Take-Two Interactive Software, Inc.1 | 405,245 | 44,172 | |
Pinterest, Inc., Class A1 | 1,752,664 | 40,837 | |
Electronic Arts, Inc. | 329,981 | 38,182 | |
Iridium Communications, Inc.1 | 604,439 | 26,819 | |
Tencent Holdings, Ltd. | 605,000 | 20,432 | |
4,093,704 | |||
Industrials 8.72% | |||
Uber Technologies, Inc.1 | 14,166,767 | 375,419 | |
TransDigm Group, Inc. | 562,400 | 295,159 | |
Jacobs Solutions, Inc. | 2,509,000 | 272,201 | |
Carrier Global Corp. | 7,599,761 | 270,248 | |
Delta Air Lines, Inc.1 | 7,215,000 | 202,453 | |
United Rentals, Inc.1 | 462,000 | 124,795 | |
Caterpillar, Inc. | 676,300 | 110,967 | |
Robert Half International, Inc. | 1,170,800 | 89,566 | |
Ryanair Holdings PLC (ADR)1 | 1,500,325 | 87,649 | |
Ryanair Holdings PLC1 | 96,554 | 980 | |
Airbus SE, non-registered shares | 955,893 | 82,582 | |
MTU Aero Engines AG | 541,769 | 81,755 | |
Middleby Corp.1 | 449,500 | 57,612 | |
United Airlines Holdings, Inc.1 | 1,695,914 | 55,168 | |
Axon Enterprise, Inc.1 | 428,000 | 49,541 | |
Dun & Bradstreet Holdings, Inc. | 3,869,573 | 47,944 | |
Boeing Company1 | 395,000 | 47,827 | |
Northrop Grumman Corp. | 98,700 | 46,421 | |
Advanced Drainage Systems, Inc. | 350,426 | 43,583 | |
Canadian Pacific Railway, Ltd. | 496,000 | 33,093 | |
BWX Technologies, Inc. | 607,600 | 30,605 | |
Waste Connections, Inc. | 222,159 | 30,020 | |
AMETEK, Inc. | 253,600 | 28,761 | |
HEICO Corp. | 195,000 | 28,076 | |
Rockwell Automation | 129,246 | 27,802 | |
Armstrong World Industries, Inc. | 326,344 | 25,856 | |
ITT, Inc. | 343,000 | 22,412 | |
Safran SA | 185,870 | 16,900 | |
Old Dominion Freight Line, Inc. | 65,500 | 16,294 | |
Equifax, Inc. | 87,100 | 14,932 | |
Saia, Inc.1 | 75,433 | 14,332 | |
L3Harris Technologies, Inc. | 24,800 | 5,154 | |
2,636,107 | |||
Financials 5.74% | |||
Bank of America Corp. | 14,780,700 | 446,377 | |
First Republic Bank | 1,195,501 | 156,073 | |
Capital One Financial Corp. | 1,399,000 | 128,946 | |
KKR & Co., Inc. | 2,218,594 | 95,400 | |
SVB Financial Group1 | 246,315 | 82,708 |
Common stocks (continued) Financials (continued) | Shares | Value (000) | |
Apollo Asset Management, Inc. | 1,557,942 | $72,444 | |
Western Alliance Bancorporation | 1,071,775 | 70,458 | |
Wells Fargo & Company | 1,735,200 | 69,790 | |
T. Rowe Price Group, Inc. | 642,000 | 67,416 | |
MSCI, Inc. | 146,390 | 61,746 | |
Marsh & McLennan Companies, Inc. | 403,461 | 60,233 | |
Signature Bank | 360,183 | 54,388 | |
Blackstone, Inc., nonvoting shares | 633,700 | 53,041 | |
Tradeweb Markets, Inc., Class A | 832,010 | 46,942 | |
S&P Global, Inc. | 141,000 | 43,054 | |
Aon PLC, Class A | 155,700 | 41,707 | |
Blue Owl Capital, Inc., Class A | 2,891,712 | 26,691 | |
Brookfield Asset Management, Inc., Class A | 585,103 | 23,925 | |
CME Group, Inc., Class A | 121,648 | 21,548 | |
Progressive Corp. | 183,732 | 21,351 | |
Arch Capital Group, Ltd.1 | 458,700 | 20,889 | |
Ares Management Corp., Class A | 310,500 | 19,235 | |
Trupanion, Inc.1 | 287,655 | 17,095 | |
Morgan Stanley | 201,800 | 15,944 | |
Ryan Specialty Holdings, Inc., Class A1 | 372,600 | 15,135 | |
Goosehead Insurance, Inc., Class A1 | 20,882 | 744 | |
1,733,280 | |||
Energy 4.40% | |||
Canadian Natural Resources, Ltd. (CAD denominated) | 6,840,000 | 318,393 | |
Halliburton Company | 12,143,661 | 298,977 | |
Cenovus Energy, Inc. (CAD denominated) | 11,261,666 | 172,999 | |
EQT Corp. | 2,268,000 | 92,421 | |
Tourmaline Oil Corp. | 1,408,700 | 73,212 | |
Pioneer Natural Resources Company | 328,000 | 71,022 | |
EOG Resources, Inc. | 574,314 | 64,168 | |
Permian Resources Corp., Class A1 | 7,922,828 | 53,875 | |
ConocoPhillips | 472,041 | 48,309 | |
MEG Energy Corp.1 | 3,810,000 | 42,641 | |
Coterra Energy, Inc. | 1,275,197 | 33,308 | |
Suncor Energy, Inc. | 1,027,873 | 28,946 | |
Range Resources Corp. | 907,000 | 22,911 | |
Equitrans Midstream Corp. | 936,942 | 7,008 | |
1,328,190 | |||
Materials 2.86% | |||
Silgan Holdings, Inc. | 2,835,000 | 119,183 | |
Wheaton Precious Metals Corp. | 3,674,000 | 118,891 | |
Linde PLC | 319,392 | 86,105 | |
Grupo México, SAB de CV, Series B | 25,356,800 | 85,767 | |
CF Industries Holdings, Inc. | 703,000 | 67,664 | |
Barrick Gold Corp. | 4,058,000 | 62,899 | |
Mosaic Co. | 1,160,988 | 56,110 | |
Nutrien, Ltd. (CAD denominated) | 665,949 | 55,538 | |
ATI, Inc.1 | 2,070,860 | 55,106 | |
Royal Gold, Inc. | 517,000 | 48,505 | |
Franco-Nevada Corp. | 390,000 | 46,585 | |
Steel Dynamics, Inc. | 337,000 | 23,910 | |
Sherwin-Williams Company | 69,458 | 14,221 |
Common stocks (continued) Materials (continued) | Shares | Value (000) | |
Summit Materials, Inc., Class A1 | 561,313 | $13,449 | |
Vale SA (ADR), ordinary nominative shares | 806,772 | 10,746 | |
864,679 | |||
Consumer staples 2.23% | |||
Constellation Brands, Inc., Class A | 521,817 | 119,851 | |
Costco Wholesale Corp. | 253,000 | 119,484 | |
Monster Beverage Corp.1 | 1,219,900 | 106,083 | |
British American Tobacco PLC | 2,768,763 | 99,009 | |
Archer Daniels Midland Company | 784,800 | 63,137 | |
Altria Group, Inc. | 1,522,374 | 61,474 | |
Estée Lauder Companies, Inc., Class A | 211,111 | 45,579 | |
Molson Coors Beverage Co., Class B, restricted voting shares | 608,423 | 29,198 | |
Philip Morris International, Inc. | 201,113 | 16,694 | |
Performance Food Group Co.1 | 338,000 | 14,517 | |
675,026 | |||
Utilities 0.49% | |||
PG&E Corp.1 | 7,077,065 | 88,463 | |
AES Corp. | 1,085,884 | 24,541 | |
CenterPoint Energy, Inc. | 855,797 | 24,117 | |
Edison International | 199,191 | 11,270 | |
148,391 | |||
Real estate 0.10% | |||
Equinix, Inc. REIT | 51,784 | 29,457 | |
Total common stocks (cost: $20,436,101,000) | 28,938,053 | ||
Preferred securities 0.18% Information technology 0.15% | |||
PsiQuantum Corp., Series D, preferred shares1,3,4 | 906,761 | 24,501 | |
Samsung Electronics Co., Ltd., nonvoting preferred shares | 531,000 | 17,278 | |
Tipalti Solutions, Ltd., Series F, preferred shares1,3,4 | 406,310 | 3,319 | |
Stripe, Inc., Series H, 6.00% noncumulative preferred shares1,3,4 | 52,656 | 1,513 | |
46,611 | |||
Industrials 0.03% | |||
ABL Space Systems Co., Series B2, preferred shares1,3,4 | 153,713 | 8,885 | |
Total preferred securities (cost: $65,450,000) | 55,496 | ||
Convertible stocks 0.02% Financials 0.02% | |||
KKR & Co., Inc., Series C, convertible preferred shares, 6.00% 2023 | 125,800 | 6,846 | |
Total convertible stocks (cost: $7,758,000) | 6,846 | ||
Convertible bonds & notes 0.03% Consumer staples 0.02% | Principal amount (000) | ||
JUUL Labs, Inc., convertible notes, 7.00% PIK 20253,4,5 | USD45,660 | 5,872 |
Convertible bonds & notes (continued) Industrials 0.01% | Principal amount (000) | Value (000) | |
Einride AB, convertible notes, 7.00% 20233,4 | USD2,500 | $3,158 | |
Total convertible bonds & notes (cost: $45,938,000) | 9,030 | ||
Bonds, notes & other debt instruments 0.05% Corporate bonds, notes & loans 0.05% Consumer discretionary 0.05% | |||
Royal Caribbean Cruises, Ltd. 5.50% 20286 | 19,060 | 13,396 | |
Total bonds, notes & other debt instruments (cost: $13,989,000) | 13,396 | ||
Short-term securities 3.91% Money market investments 3.80% | Shares | ||
Capital Group Central Cash Fund 2.81%7,8 | 11,485,636 | 1,148,449 | |
Money market investments purchased with collateral from securities on loan 0.11% | |||
Capital Group Central Cash Fund 2.81%7,8,9 | 181,954 | 18,193 | |
Goldman Sachs Financial Square Government Fund, Institutional Shares 2.93%7,9 | 2,916,165 | 2,916 | |
BlackRock Liquidity Funds – FedFund, Institutional Shares 2.76%7,9 | 2,910,924 | 2,911 | |
Invesco Short-Term Investments Trust – Government & Agency Portfolio, Institutional Class 2.88%7,9 | 2,910,924 | 2,911 | |
Morgan Stanley Institutional Liquidity Funds – Government Portfolio, Institutional Class 2.80%7,9 | 2,910,924 | 2,911 | |
State Street Institutional U.S. Government Money Market Fund, Institutional Class 2.91%7,9 | 2,910,924 | 2,911 | |
32,753 | |||
Total short-term securities (cost: $1,180,971,000) | 1,181,202 | ||
Total investment securities 99.96% (cost: $21,750,207,000) | 30,204,023 | ||
Other assets less liabilities 0.04% | 13,368 | ||
Net assets 100.00% | $30,217,391 |
Value of affiliates at 1/1/2022 (000) | Additions (000) | Reductions (000) | Net realized loss (000) | Net unrealized appreciation (000) | Value of affiliates at 9/30/2022 (000) | Dividend income (000) | ||||
Short-term securities 3.86% | ||||||||||
Money market investments 3.80% | ||||||||||
Capital Group Central Cash Fund 2.81%7 | $1,610,187 | $3,875,899 | $4,337,285 | $(388) | $36 | $1,148,449 | $10,906 | |||
Money market investments purchased with collateral from securities on loan 0.06% | ||||||||||
Capital Group Central Cash Fund 2.81%7,9 | 20,304 | 2,11110 | 18,193 | —11 | ||||||
Total 3.86% | $(388) | $36 | $1,166,642 | $10,906 |
Acquisition date(s) | Cost (000) | Value (000) | Percent of net assets | |||
Verily Life Sciences, LLC1,3 | 12/21/2018 | $37,000 | $45,222 | .15% | ||
PsiQuantum Corp., Series D, preferred shares1,3 | 5/28/2021 | 23,781 | 24,501 | .08 | ||
ABL Space Systems Co., Series B2, preferred shares1,3 | 10/22/2021 | 10,452 | 8,885 | .03 | ||
Stripe, Inc., Class B1,3 | 5/6/2021 | 6,766 | 4,846 | .02 | ||
Stripe, Inc., Series H, 6.00% noncumulative preferred shares1,3 | 3/15/2021 | 2,113 | 1,513 | .00 | ||
JUUL Labs, Inc., convertible notes, 7.00% PIK 20253,5 | 2/3/2020-8/3/2022 | 43,438 | 5,872 | .02 | ||
Tipalti Solutions, Ltd., Series F, preferred shares1,3 | 12/1/2021 | 6,956 | 3,319 | .01 | ||
Einride AB, convertible notes, 7.00% 20233 | 1/7/2022 | 2,500 | 3,158 | .01 | ||
Total | $133,006 | $97,316 | .32% |
1 | Security did not produce income during the last 12 months. |
2 | All or a portion of this security was on loan. The total value of all such securities was $35,061,000, which represented .12% of the net assets of the fund. |
3 | Value determined using significant unobservable inputs. |
4 | Restricted security, other than Rule 144A, subject to legal or contractual restrictions on resale, including private placement securities not registered under the Securities Act of 1933. The total value of all such restricted securities was $97,316,000, which represented .32% of the net assets of the fund. |
5 | Payment in kind; the issuer has the option of paying additional securities in lieu of cash. Payment methods and rates are as of the most recent payment when available. |
6 | Acquired in a transaction exempt from registration under Rule 144A of the Securities Act of 1933. May be resold in the U.S. in transactions exempt from registration, normally to qualified institutional buyers. The total value of all such securities was $13,396,000, which represented .04% of the net assets of the fund. |
7 | Rate represents the seven-day yield at 9/30/2022. |
8 | Part of the same “group of investment companies“ as the fund as defined under the Investment Company Act of 1940, as amended. |
9 | Security purchased with cash collateral from securities on loan. |
10 | Represents net activity. |
11 | Dividend income is included with securities lending income and is not shown in this table. |
Key to abbreviations |
ADR = American Depositary Receipts |
CAD = Canadian dollars |
PIK = Payment In Kind |
REIT = Real Estate Investment Trust |
USD = U.S. dollars |
Common stocks 92.02% Information technology 14.49% | Shares | Value (000) | |
SK hynix, Inc. | 4,239,797 | $243,272 | |
Shopify, Inc., Class A, subordinate voting shares1 | 3,821,370 | 102,948 | |
Taiwan Semiconductor Manufacturing Company, Ltd. | 6,501,000 | 85,451 | |
ASML Holding NV | 205,218 | 85,123 | |
Nice, Ltd. (ADR)1 | 397,150 | 74,760 | |
Fujitsu, Ltd. | 437,900 | 47,224 | |
Atlassian Corp. PLC, Class A1 | 137,701 | 28,998 | |
Nomura Research Institute, Ltd. | 1,056,200 | 25,959 | |
NXP Semiconductors NV | 173,200 | 25,549 | |
Samsung Electronics Co., Ltd. | 631,500 | 23,203 | |
Keyence Corp. | 50,900 | 16,899 | |
Infineon Technologies AG | 728,000 | 16,133 | |
Disco Corp. | 65,800 | 14,339 | |
TELUS International (Cda), Inc., subordinate voting shares1 | 499,900 | 13,077 | |
Delta Electronics, Inc. | 1,408,000 | 11,189 | |
OBIC Co., Ltd. | 83,700 | 11,097 | |
Constellation Software, Inc. | 7,730 | 10,756 | |
Dassault Systemes SE | 277,000 | 9,522 | |
Hexagon AB, Class B | 925,700 | 8,582 | |
Suse SA1,2 | 576,586 | 8,499 | |
ASM International NV | 31,648 | 7,081 | |
Kingdee International Software Group Co., Ltd.1 | 4,786,000 | 6,188 | |
Infosys, Ltd. | 329,392 | 5,644 | |
PagSeguro Digital, Ltd., Class A1 | 426,548 | 5,643 | |
Canva, Inc.1,3,4 | 4,819 | 4,998 | |
Tata Consultancy Services, Ltd. | 113,863 | 4,163 | |
896,297 | |||
Industrials 14.24% | |||
Recruit Holdings Co., Ltd. | 7,219,989 | 208,392 | |
Airbus SE, non-registered shares | 1,657,958 | 143,235 | |
Safran SA | 579,000 | 52,645 | |
Melrose Industries PLC | 36,613,980 | 40,880 | |
MTU Aero Engines AG | 229,720 | 34,666 | |
NIBE Industrier AB, Class B | 3,878,804 | 34,440 | |
Siemens AG | 331,702 | 32,830 | |
SMC Corp. | 77,100 | 31,104 | |
Thales SA | 271,438 | 29,940 | |
Ashtead Group PLC | 645,000 | 28,797 | |
DSV A/S | 230,223 | 26,684 | |
Techtronic Industries Co., Ltd. | 2,718,000 | 25,678 | |
ASSA ABLOY AB, Class B | 1,277,644 | 23,876 | |
International Container Terminal Services, Inc. | 7,953,240 | 21,264 | |
Shenzhen Inovance Technology Co., Ltd., Class A | 2,350,967 | 18,990 | |
ZTO Express (Cayman), Inc., Class A (ADR) | 685,354 | 16,469 | |
Brenntag SE | 259,299 | 15,823 |
Common stocks (continued) Industrials (continued) | Shares | Value (000) | |
Rumo SA | 4,301,900 | $14,737 | |
CCR SA, ordinary nominative shares | 5,580,000 | 12,961 | |
Grab Holdings, Ltd., Class A1 | 4,227,263 | 11,118 | |
Airports of Thailand PCL, foreign registered shares1 | 5,078,900 | 9,720 | |
Diploma PLC | 335,900 | 8,612 | |
Kingspan Group PLC | 153,796 | 6,872 | |
Fluidra, SA, non-registered shares | 432,985 | 6,455 | |
LIXIL Corp. | 441,700 | 6,400 | |
Larsen & Toubro, Ltd. | 282,701 | 6,370 | |
BAE Systems PLC | 617,024 | 5,421 | |
Ryanair Holdings PLC (ADR)1 | 51,300 | 2,997 | |
Zhejiang Sanhua Intelligent Controls Co., Ltd., Class A | 846,334 | 2,933 | |
880,309 | |||
Health care 12.36% | |||
Daiichi Sankyo Company, Ltd. | 9,259,208 | 257,562 | |
Olympus Corp. | 5,808,100 | 111,782 | |
Novo Nordisk A/S, Class B | 1,070,972 | 106,748 | |
WuXi Biologics (Cayman), Inc.1 | 13,341,800 | 79,937 | |
Bayer AG | 841,261 | 38,822 | |
Siemens Healthineers AG | 833,668 | 36,112 | |
WuXi AppTec Co., Ltd., Class A | 2,367,360 | 23,697 | |
WuXi AppTec Co., Ltd., Class H | 312,000 | 2,485 | |
Grifols, SA, Class A, non-registered shares1 | 2,451,598 | 20,989 | |
Grifols, SA, Class B (ADR)1 | 793,690 | 4,889 | |
HOYA Corp. | 198,300 | 19,065 | |
M3, Inc. | 644,835 | 17,781 | |
Hapvida Participações e Investimentos SA1 | 8,863,653 | 12,439 | |
Insulet Corp.1 | 46,653 | 10,702 | |
Alcon, Inc. | 133,937 | 7,756 | |
Ambu AS, Class B, non-registered shares | 545,233 | 4,712 | |
bioMérieux SA | 58,300 | 4,594 | |
CanSino Biologics, Inc., Class H2 | 729,200 | 4,096 | |
764,168 | |||
Financials 10.57% | |||
Kotak Mahindra Bank, Ltd. | 8,323,107 | 184,223 | |
AIA Group, Ltd. | 12,210,576 | 101,379 | |
ABN AMRO Bank NV | 7,815,662 | 70,054 | |
Aegon NV | 12,263,736 | 48,737 | |
HDFC Bank, Ltd. | 1,989,712 | 34,477 | |
HDFC Bank, Ltd. (ADR) | 207,750 | 12,137 | |
Nu Holdings, Ltd., Class A1 | 8,115,368 | 35,708 | |
Bajaj Finance, Ltd. | 396,342 | 35,372 | |
CaixaBank, SA | 8,014,191 | 25,825 | |
ING Groep NV | 2,331,678 | 19,993 | |
Futu Holdings, Ltd. (ADR)1,2 | 476,806 | 17,780 | |
FinecoBank SpA | 1,211,135 | 14,886 | |
KBC Groep NV | 242,803 | 11,390 | |
B3 SA-Brasil, Bolsa, Balcao | 4,413,000 | 10,676 | |
Allfunds Group PLC | 1,266,915 | 9,287 | |
Ping An Insurance (Group) Company of China, Ltd., Class A | 817,263 | 4,774 | |
Ping An Insurance (Group) Company of China, Ltd., Class H | 898,500 | 4,467 |
Common stocks (continued) Financials (continued) | Shares | Value (000) | |
Bajaj Finserv, Ltd. | 325,950 | $6,671 | |
XP, Inc., Class A1 | 292,000 | 5,551 | |
653,387 | |||
Consumer discretionary 9.32% | |||
MercadoLibre, Inc.1 | 128,451 | 106,329 | |
Evolution AB | 916,701 | 72,192 | |
Sony Group Corp. | 920,500 | 59,246 | |
Galaxy Entertainment Group, Ltd. | 9,204,000 | 53,741 | |
Ferrari NV (EUR denominated) | 230,543 | 43,000 | |
LVMH Moët Hennessy-Louis Vuitton SE | 72,682 | 42,725 | |
Maruti Suzuki India, Ltd. | 303,300 | 32,852 | |
Flutter Entertainment PLC1 | 299,971 | 32,770 | |
Kering SA | 53,565 | 23,687 | |
Coupang, Inc., Class A1 | 1,304,214 | 21,741 | |
Entain PLC | 1,708,453 | 20,516 | |
JD.com, Inc., Class A (ADR) | 239,660 | 12,055 | |
JD.com, Inc., Class A | 266,775 | 6,736 | |
Alibaba Group Holding, Ltd. (ADR)1 | 213,000 | 17,038 | |
EssilorLuxottica | 80,200 | 10,867 | |
InterContinental Hotels Group PLC | 155,468 | 7,459 | |
Las Vegas Sands Corp.1 | 180,824 | 6,785 | |
Aptiv PLC1 | 84,000 | 6,570 | |
576,309 | |||
Energy 9.31% | |||
Reliance Industries, Ltd. | 9,393,560 | 271,693 | |
Petróleo Brasileiro SA (Petrobras) (ADR), ordinary nominative shares | 6,724,576 | 82,981 | |
Neste OYJ | 1,756,952 | 76,201 | |
TotalEnergies SE | 1,147,298 | 54,003 | |
Woodside Energy Group, Ltd. | 1,967,852 | 40,033 | |
Canadian Natural Resources, Ltd. (CAD denominated) | 701,700 | 32,663 | |
Shell PLC (GBP denominated) | 573,839 | 14,277 | |
Cenovus Energy, Inc. (CAD denominated) | 233,421 | 3,586 | |
575,437 | |||
Materials 9.12% | |||
First Quantum Minerals, Ltd. | 10,951,800 | 185,919 | |
Fortescue Metals Group, Ltd. | 12,796,750 | 137,148 | |
Vale SA (ADR), ordinary nominative shares | 6,886,607 | 91,730 | |
Vale SA, ordinary nominative shares | 770,681 | 10,292 | |
Shin-Etsu Chemical Co., Ltd. | 395,300 | 39,255 | |
JSR Corp. | 1,681,700 | 32,047 | |
Ivanhoe Mines, Ltd., Class A1 | 3,403,051 | 21,901 | |
Wacker Chemie AG | 147,773 | 15,289 | |
Koninklijke DSM NV | 93,550 | 10,611 | |
Linde PLC | 35,287 | 9,513 | |
BASF SE | 136,760 | 5,300 | |
Yunnan Energy New Material Co., Ltd., Class A | 196,300 | 4,817 | |
563,822 | |||
Communication services 5.75% | |||
Sea, Ltd., Class A (ADR)1 | 2,526,842 | 141,630 | |
Bharti Airtel, Ltd. | 12,732,125 | 124,353 | |
Bharti Airtel, Ltd., interim shares | 836,308 | 4,106 |
Common stocks (continued) Communication services (continued) | Shares | Value (000) | |
Universal Music Group NV | 1,312,633 | $24,743 | |
Informa PLC | 3,630,108 | 20,913 | |
Ubisoft Entertainment SA1 | 518,403 | 14,233 | |
Singapore Telecommunications, Ltd. | 5,800,500 | 10,676 | |
SoftBank Group Corp. | 224,200 | 7,616 | |
Vivendi SE | 907,392 | 7,033 | |
Yandex NV, Class A1,3 | 313,000 | —5 | |
355,303 | |||
Consumer staples 4.34% | |||
Kweichow Moutai Co., Ltd., Class A | 224,223 | 58,979 | |
Danone SA | 878,392 | 41,387 | |
Seven & i Holdings Co., Ltd. | 941,000 | 37,799 | |
Treasury Wine Estates, Ltd. | 4,139,490 | 33,330 | |
British American Tobacco PLC | 911,000 | 32,577 | |
Kobe Bussan Co., Ltd. | 754,900 | 18,067 | |
CP ALL PCL, foreign registered shares | 9,053,300 | 13,444 | |
Nestlé SA | 78,463 | 8,496 | |
Dabur India, Ltd. | 933,875 | 6,543 | |
Inner Mongolia Yili Industrial Group Co., Ltd., Class A | 1,390,903 | 6,458 | |
Shiseido Company, Ltd. | 179,400 | 6,280 | |
Chocoladefabriken Lindt & Sprüngli AG | 49 | 4,858 | |
268,218 | |||
Utilities 1.83% | |||
ENN Energy Holdings, Ltd. | 8,532,700 | 113,539 | |
Real estate 0.69% | |||
ESR Group, Ltd. | 14,852,600 | 37,464 | |
Ayala Land, Inc. | 13,552,800 | 5,251 | |
42,715 | |||
Total common stocks (cost: $5,873,415,000) | 5,689,504 | ||
Preferred securities 0.93% Energy 0.26% | |||
Petróleo Brasileiro SA (Petrobras), preferred nominative shares | 2,980,131 | 16,463 | |
Consumer discretionary 0.24% | |||
Dr. Ing. h.c. F. Porsche AG, nonvoting non-registered shares1 | 180,754 | 14,615 | |
Health care 0.23% | |||
Grifols, SA, Class B, nonvoting non-registered preferred shares1 | 2,274,930 | 14,230 | |
Financials 0.19% | |||
Itaú Unibanco Holding SA, preferred nominative shares | 2,246,000 | 11,683 | |
Information technology 0.01% | |||
Canva, Inc., Series A, noncumulative preferred shares1,3,4 | 422 | 437 |
Preferred securities (continued) Information technology (continued) | Shares | Value (000) | |
Canva, Inc., Series A-3, noncumulative preferred shares1,3,4 | 18 | $19 | |
Canva, Inc., Series A-4, noncumulative preferred shares1,3,4 | 1 | 1 | |
457 | |||
Total preferred securities (cost: $85,469,000) | 57,448 | ||
Rights & warrants 0.17% Health care 0.17% | |||
WuXi AppTec Co., Ltd., Class A, warrants, expire 20221,6 | 1,075,200 | 10,763 | |
Total rights & warrants (cost: $20,683,000) | 10,763 | ||
Short-term securities 6.35% Money market investments 6.27% | |||
Capital Group Central Cash Fund 2.81%7,8 | 3,879,148 | 387,876 | |
Money market investments purchased with collateral from securities on loan 0.08% | |||
Capital Group Central Cash Fund 2.81%7,8,9 | 25,409 | 2,541 | |
BlackRock Liquidity Funds – FedFund, Institutional Shares 2.76%7,9 | 406,496 | 407 | |
Goldman Sachs Financial Square Government Fund, Institutional Shares 2.93%7,9 | 407,228 | 407 | |
Invesco Short-Term Investments Trust – Government & Agency Portfolio, Institutional Class 2.88%7,9 | 406,496 | 407 | |
Morgan Stanley Institutional Liquidity Funds – Government Portfolio, Institutional Class 2.80%7,9 | 406,496 | 406 | |
State Street Institutional U.S. Government Money Market Fund, Institutional Class 2.91%7,9 | 406,496 | 406 | |
4,574 | |||
Total short-term securities (cost: $392,402,000) | 392,450 | ||
Total investment securities 99.47% (cost: $6,371,969,000) | 6,150,165 | ||
Other assets less liabilities 0.53% | 32,643 | ||
Net assets 100.00% | $6,182,808 |
Value of affiliates at 1/1/2022 (000) | Additions (000) | Reductions (000) | Net realized loss (000) | Net unrealized depreciation (000) | Value of affiliates at 9/30/2022 (000) | Dividend income (000) | ||||
Short-term securities 6.31% | ||||||||||
Money market investments 6.27% | ||||||||||
Capital Group Central Cash Fund 2.81%7 | $977,398 | $1,230,288 | $1,819,606 | $(146) | $(58) | $387,876 | $5,319 | |||
Money market investments purchased with collateral from securities on loan 0.04% | ||||||||||
Capital Group Central Cash Fund 2.81%7,9 | 34,059 | 31,51810 | 2,541 | —11 | ||||||
Total 6.31% | $(146) | $(58) | $390,417 | $5,319 |
Acquisition date(s) | Cost (000) | Value (000) | Percent of net assets | |||
Canva, Inc.1,3 | 8/26/2021-11/4/2021 | $8,215 | $4,998 | .08% | ||
Canva, Inc., Series A, noncumulative preferred shares1,3 | 11/4/2021 | 719 | 437 | .01 | ||
Canva, Inc., Series A-3, noncumulative preferred shares1,3 | 11/4/2021 | 31 | 19 | .00 | ||
Canva, Inc., Series A-4, noncumulative preferred shares1,3 | 11/4/2021 | 2 | 1 | .00 | ||
Total | $8,967 | $5,455 | .09% |
1 | Security did not produce income during the last 12 months. |
2 | All or a portion of this security was on loan. The total value of all such securities was $5,738,000, which represented .09% of the net assets of the fund. |
3 | Value determined using significant unobservable inputs. |
4 | Restricted security, other than Rule 144A, subject to legal or contractual restrictions on resale, including private placement securities not registered under the Securities Act of 1933. The total value of all such restricted securities was $5,455,000, which represented .09% of the net assets of the fund. |
5 | Amount less than one thousand. |
6 | Acquired in a transaction exempt from registration under Rule 144A of the Securities Act of 1933. May be resold in the U.S. in transactions exempt from registration, normally to qualified institutional buyers. The total value of all such securities was $10,763,000, which represented .17% of the net assets of the fund. |
7 | Rate represents the seven-day yield at 9/30/2022. |
8 | Part of the same “group of investment companies“ as the fund as defined under the Investment Company Act of 1940, as amended. |
9 | Security purchased with cash collateral from securities on loan. |
10 | Represents net activity. |
11 | Dividend income is included with securities lending income and is not shown in this table. |
Key to abbreviations |
ADR = American Depositary Receipts |
CAD = Canadian dollars |
EUR = Euros |
GBP = British pounds |
Common stocks 86.47% Information technology 15.18% | Shares | Value (000) | |
Microsoft Corp. | 380,284 | $88,568 | |
Taiwan Semiconductor Manufacturing Company, Ltd. | 4,009,000 | 52,695 | |
Wolfspeed, Inc.1 | 312,731 | 32,324 | |
Micron Technology, Inc. | 503,863 | 25,244 | |
Broadcom, Inc. | 50,543 | 22,442 | |
ASML Holding NV | 48,549 | 20,138 | |
Apple, Inc. | 127,034 | 17,556 | |
Mastercard, Inc., Class A | 46,956 | 13,351 | |
Tata Consultancy Services, Ltd. | 274,160 | 10,025 | |
PagSeguro Digital, Ltd., Class A1 | 697,280 | 9,225 | |
Visa, Inc., Class A | 50,508 | 8,973 | |
Infosys, Ltd. (ADR) | 342,942 | 5,820 | |
Infosys, Ltd. | 163,296 | 2,798 | |
Silergy Corp. | 642,376 | 8,420 | |
Keyence Corp. | 23,700 | 7,868 | |
EPAM Systems, Inc.1 | 21,429 | 7,761 | |
TELUS International (Cda), Inc., subordinate voting shares1 | 283,352 | 7,412 | |
Synopsys, Inc. (USA)1 | 20,340 | 6,214 | |
SAP SE | 71,056 | 5,857 | |
NVIDIA Corp. | 45,974 | 5,581 | |
Accenture PLC, Class A | 20,570 | 5,293 | |
Samsung Electronics Co., Ltd. | 143,310 | 5,266 | |
Network International Holdings PLC1 | 1,498,285 | 5,073 | |
Nokia Corp. | 1,131,289 | 4,831 | |
Edenred SA | 100,382 | 4,614 | |
Nice, Ltd. (ADR)1 | 23,806 | 4,481 | |
Tokyo Electron, Ltd. | 15,200 | 3,763 | |
Kingdee International Software Group Co., Ltd.1 | 2,808,000 | 3,631 | |
Flat Glass Group Co., Ltd., Class H | 1,385,000 | 3,359 | |
Applied Materials, Inc. | 33,492 | 2,744 | |
MediaTek, Inc. | 148,000 | 2,576 | |
SK hynix, Inc. | 41,006 | 2,353 | |
ASM International NV | 10,046 | 2,248 | |
Trimble, Inc.1 | 41,404 | 2,247 | |
Amadeus IT Group SA, Class A, non-registered shares1 | 47,823 | 2,214 | |
PayPal Holdings, Inc.1 | 23,093 | 1,988 | |
Advanced Micro Devices, Inc.1 | 26,479 | 1,678 | |
Logitech International SA2 | 36,605 | 1,671 | |
Cognizant Technology Solutions Corp., Class A | 26,044 | 1,496 | |
Euronet Worldwide, Inc.1 | 19,267 | 1,460 | |
KLA Corp. | 4,758 | 1,440 | |
Globant SA1 | 7,665 | 1,434 | |
Atlassian Corp. PLC, Class A1 | 6,703 | 1,412 | |
FleetCor Technologies, Inc.1 | 7,609 | 1,340 | |
Hamamatsu Photonics KK | 27,200 | 1,168 | |
Coforge, Ltd. | 26,620 | 1,085 |
Common stocks (continued) Information technology (continued) | Shares | Value (000) | |
Hundsun Technologies, Inc., Class A | 216,990 | $1,036 | |
Hexagon AB, Class B | 105,226 | 976 | |
Autodesk, Inc.1 | 4,715 | 881 | |
Fabrinet, non-registered shares1 | 8,740 | 834 | |
VeriSign, Inc.1 | 4,446 | 772 | |
MKS Instruments, Inc. | 8,486 | 701 | |
ON Semiconductor Corp.1 | 9,471 | 590 | |
StoneCo, Ltd., Class A1 | 58,481 | 557 | |
Disco Corp. | 2,100 | 458 | |
Canva, Inc.1,3,4 | 385 | 399 | |
Intel Corp. | 3,575 | 92 | |
436,433 | |||
Health care 12.34% | |||
Novo Nordisk A/S, Class B | 376,309 | 37,508 | |
Thermo Fisher Scientific, Inc. | 72,072 | 36,554 | |
Eli Lilly and Company | 106,946 | 34,581 | |
Max Healthcare Institute, Ltd.1 | 4,462,814 | 22,328 | |
Abbott Laboratories | 225,195 | 21,790 | |
AstraZeneca PLC | 152,988 | 16,824 | |
PerkinElmer, Inc. | 129,395 | 15,570 | |
Danaher Corp. | 58,164 | 15,023 | |
WuXi Biologics (Cayman), Inc.1 | 2,367,600 | 14,185 | |
Jiangsu Hengrui Medicine Co., Ltd., Class A | 2,429,388 | 12,013 | |
WuXi AppTec Co., Ltd., Class A | 793,659 | 7,944 | |
WuXi AppTec Co., Ltd., Class H | 476,900 | 3,799 | |
Laurus Labs, Ltd. | 1,852,870 | 11,627 | |
BeiGene, Ltd. (ADR)1 | 62,835 | 8,472 | |
BeiGene, Ltd.1 | 43,300 | 445 | |
Hypera SA, ordinary nominative shares | 992,466 | 8,141 | |
CSL, Ltd. | 41,111 | 7,454 | |
Olympus Corp. | 386,900 | 7,446 | |
Pfizer, Inc. | 167,628 | 7,335 | |
Rede D’Or Sao Luiz SA | 1,255,968 | 6,920 | |
Hapvida Participações e Investimentos SA1 | 4,879,823 | 6,848 | |
Carl Zeiss Meditec AG, non-registered shares | 64,290 | 6,770 | |
Zoetis, Inc., Class A | 32,536 | 4,825 | |
Shionogi & Co., Ltd. | 90,300 | 4,369 | |
Siemens Healthineers AG | 100,382 | 4,348 | |
CanSino Biologics, Inc., Class H | 756,118 | 4,248 | |
Hutchmed China, Ltd. (ADR)1 | 150,024 | 1,329 | |
Hutchmed China, Ltd.1 | 796,232 | 1,315 | |
Innovent Biologics, Inc.1 | 840,373 | 2,618 | |
Legend Biotech Corp. (ADR)1 | 63,359 | 2,585 | |
Straumann Holding AG | 28,067 | 2,554 | |
Teva Pharmaceutical Industries, Ltd. (ADR)1 | 239,668 | 1,934 | |
OdontoPrev SA, ordinary nominative shares | 1,000,547 | 1,632 | |
Mettler-Toledo International, Inc.1 | 1,435 | 1,556 | |
Align Technology, Inc.1 | 7,339 | 1,520 | |
Asahi Intecc Co., Ltd. | 87,200 | 1,380 | |
Medtronic PLC | 16,413 | 1,325 | |
Piramal Pharma, Ltd.1,3 | 488,652 | 1,242 | |
Pharmaron Beijing Co., Ltd., Class A | 142,170 | 1,083 | |
Pharmaron Beijing Co., Ltd., Class H | 24,350 | 118 | |
Genus PLC | 40,970 | 1,183 |
Common stocks (continued) Health care (continued) | Shares | Value (000) | |
Merck KGaA | 5,502 | $898 | |
Angelalign Technology, Inc. | 85,000 | 807 | |
Bayer AG | 16,010 | 739 | |
Hangzhou Tigermed Consulting Co., Ltd., Class A | 50,871 | 653 | |
Zai Lab, Ltd. (ADR)1 | 16,060 | 549 | |
Shandong Pharmaceutical Glass Co., Ltd., Class A | 66,700 | 272 | |
Grifols, SA, Class A, non-registered shares1 | 8,562 | 73 | |
354,732 | |||
Financials 12.29% | |||
Kotak Mahindra Bank, Ltd. | 2,784,738 | 61,637 | |
AIA Group, Ltd. | 4,258,600 | 35,357 | |
B3 SA-Brasil, Bolsa, Balcao | 9,940,686 | 24,049 | |
HDFC Bank, Ltd. | 1,219,608 | 21,133 | |
Bajaj Finance, Ltd. | 214,820 | 19,172 | |
Ping An Insurance (Group) Company of China, Ltd., Class H | 3,718,844 | 18,491 | |
Capitec Bank Holdings, Ltd. | 191,098 | 16,381 | |
ICICI Bank, Ltd. | 691,913 | 7,248 | |
ICICI Bank, Ltd. (ADR) | 290,799 | 6,098 | |
AU Small Finance Bank, Ltd. | 1,678,445 | 12,635 | |
Industrial and Commercial Bank of China, Ltd., Class H | 23,785,000 | 11,096 | |
Bank Central Asia Tbk PT | 16,678,000 | 9,310 | |
Nu Holdings, Ltd., Class A1 | 1,999,299 | 8,797 | |
UniCredit SpA | 748,995 | 7,574 | |
Bank Mandiri (Persero) Tbk PT | 10,767,600 | 6,602 | |
Discovery, Ltd.1 | 1,031,046 | 5,954 | |
Bank Rakyat Indonesia (Persero) Tbk PT | 19,731,300 | 5,804 | |
Banco Bilbao Vizcaya Argentaria, SA | 1,206,324 | 5,418 | |
XP, Inc., Class A1 | 274,179 | 5,212 | |
China Merchants Bank Co., Ltd., Class H | 1,008,000 | 4,664 | |
Moody’s Corp. | 17,666 | 4,295 | |
PB Fintech, Ltd.1 | 741,722 | 4,270 | |
Eurobank Ergasias Services and Holdings SA1 | 5,095,935 | 4,216 | |
Hong Kong Exchanges and Clearing, Ltd. | 115,600 | 3,925 | |
Bank of Baroda | 2,270,540 | 3,656 | |
Bajaj Finserv, Ltd. | 177,320 | 3,629 | |
Canara Bank | 1,259,956 | 3,503 | |
Alpha Services and Holdings SA1 | 4,264,504 | 3,321 | |
Grupo Financiero Banorte, SAB de CV, Series O | 473,793 | 3,042 | |
East Money Information Co., Ltd., Class A | 1,186,056 | 2,928 | |
DBS Group Holdings, Ltd. | 122,873 | 2,841 | |
Aon PLC, Class A | 10,455 | 2,801 | |
Standard Bank Group, Ltd. | 330,214 | 2,605 | |
Postal Savings Bank of China Co., Ltd., Class H | 3,919,000 | 2,294 | |
S&P Global, Inc. | 6,853 | 2,093 | |
Fairfax Financial Holdings, Ltd., subordinate voting shares | 4,550 | 2,078 | |
China Construction Bank Corp., Class H | 3,567,000 | 2,053 | |
Lufax Holding, Ltd. (ADR) | 778,400 | 1,977 | |
National Bank of Greece SA1 | 482,747 | 1,425 | |
Banco Santander México, SA, Institución de Banca Múltiple, Grupo Financiero Santander México, Class B | 1,389,617 | 1,383 | |
Piramal Enterprises, Ltd. | 122,163 | 1,295 | |
TISCO Financial Group PCL, foreign registered shares | 343,800 | 840 | |
HDFC Life Insurance Company, Ltd. | 23,813 | 155 | |
Sberbank of Russia PJSC1,3,4 | 2,662,164 | —5 |
Common stocks (continued) Financials (continued) | Shares | Value (000) | |
Moscow Exchange MICEX-RTS PJSC1,3 | 438,203 | $—5 | |
TCS Group Holding PLC (GDR)1,3 | 78,482 | —5 | |
353,257 | |||
Consumer discretionary 10.37% | |||
LVMH Moët Hennessy-Louis Vuitton SE | 58,615 | 34,456 | |
MercadoLibre, Inc.1 | 33,890 | 28,054 | |
Galaxy Entertainment Group, Ltd. | 3,026,000 | 17,668 | |
Hermès International | 13,635 | 16,026 | |
Midea Group Co., Ltd., Class A | 2,251,968 | 15,648 | |
Li Ning Co., Ltd. | 2,036,501 | 15,476 | |
General Motors Company | 468,039 | 15,019 | |
Evolution AB | 173,353 | 13,652 | |
EssilorLuxottica | 74,070 | 10,036 | |
H World Group, Ltd. (ADR) | 206,119 | 6,913 | |
H World Group, Ltd. | 604,820 | 2,060 | |
YUM! Brands, Inc. | 70,285 | 7,474 | |
Trip.com Group, Ltd. (ADR)1 | 266,761 | 7,285 | |
Astra International Tbk PT | 16,351,100 | 7,054 | |
Tesla, Inc.1 | 23,397 | 6,206 | |
Kering SA | 13,661 | 6,041 | |
Zhongsheng Group Holdings, Ltd. | 1,513,500 | 5,951 | |
JD.com, Inc., Class A | 231,880 | 5,855 | |
Alibaba Group Holding, Ltd.1 | 491,872 | 4,934 | |
Jumbo SA | 367,791 | 4,904 | |
Titan Co., Ltd. | 153,168 | 4,867 | |
Marriott International, Inc., Class A | 32,148 | 4,505 | |
NIKE, Inc., Class B | 52,207 | 4,339 | |
Americanas SA, ordinary nominative shares | 1,356,092 | 4,269 | |
Industria de Diseño Textil, SA | 198,305 | 4,096 | |
IDP Education, Ltd.2 | 212,840 | 3,561 | |
Booking Holdings, Inc.1 | 2,122 | 3,487 | |
Prosus NV, Class N | 63,003 | 3,283 | |
adidas AG | 25,535 | 2,963 | |
Airbnb, Inc., Class A1 | 27,022 | 2,838 | |
Lear Corp. | 22,412 | 2,683 | |
Maruti Suzuki India, Ltd. | 23,969 | 2,596 | |
Magazine Luiza SA1 | 2,856,097 | 2,372 | |
Samsonite International SA1 | 896,100 | 2,151 | |
InterContinental Hotels Group PLC | 40,738 | 1,954 | |
Aptiv PLC1 | 24,637 | 1,927 | |
Melco Resorts & Entertainment, Ltd. (ADR)1 | 237,753 | 1,576 | |
Fast Retailing Co., Ltd. | 2,700 | 1,435 | |
Sands China, Ltd.1 | 558,400 | 1,383 | |
JD Health International, Inc.1 | 241,200 | 1,375 | |
Naspers, Ltd., Class N | 10,720 | 1,329 | |
Shangri-La Asia, Ltd.1 | 1,882,000 | 1,306 | |
Levi Strauss & Co., Class A | 89,390 | 1,294 | |
Inchcape PLC | 158,322 | 1,191 | |
FSN E-Commerce Ventures, Ltd.1 | 64,262 | 1,002 | |
Cie. Financière Richemont SA, Class A | 9,543 | 895 | |
Flutter Entertainment PLC1 | 6,950 | 759 | |
Entain PLC | 52,187 | 627 | |
Gree Electric Appliances, Inc. of Zhuhai, Class A | 132,946 | 608 | |
Cyrela Brazil Realty SA, ordinary nominative shares | 115,141 | 392 |
Common stocks (continued) Consumer discretionary (continued) | Shares | Value (000) | |
Jiumaojiu International Holdings, Ltd. | 185,000 | $302 | |
Ozon Holdings PLC (ADR)1,3 | 209,599 | —5 | |
298,077 | |||
Industrials 9.28% | |||
Airbus SE, non-registered shares | 370,290 | 31,990 | |
Larsen & Toubro, Ltd. | 725,144 | 16,340 | |
IMCD NV | 121,585 | 14,430 | |
General Electric Co. | 229,973 | 14,238 | |
Copa Holdings, SA, Class A1 | 182,369 | 12,221 | |
Rumo SA | 3,491,874 | 11,962 | |
Safran SA | 129,062 | 11,735 | |
Shenzhen Inovance Technology Co., Ltd., Class A | 1,423,174 | 11,496 | |
DSV A/S | 97,424 | 11,292 | |
Carrier Global Corp. | 304,513 | 10,828 | |
International Container Terminal Services, Inc. | 3,655,950 | 9,775 | |
Grab Holdings, Ltd., Class A1 | 2,891,086 | 7,604 | |
Daikin Industries, Ltd. | 45,300 | 7,000 | |
Zhejiang Sanhua Intelligent Controls Co., Ltd., Class A | 2,013,724 | 6,979 | |
Suzhou Maxwell Technologies Co., Ltd., Class A | 96,900 | 6,621 | |
Caterpillar, Inc. | 38,886 | 6,380 | |
ZTO Express (Cayman), Inc., Class A (ADR) | 249,612 | 5,998 | |
Thales SA | 47,030 | 5,187 | |
TransDigm Group, Inc. | 9,831 | 5,159 | |
CCR SA, ordinary nominative shares | 1,905,054 | 4,425 | |
InPost SA1 | 701,023 | 4,094 | |
Contemporary Amperex Technology Co., Ltd., Class A | 64,147 | 3,601 | |
Wizz Air Holdings PLC1 | 188,202 | 3,310 | |
Raytheon Technologies Corp. | 38,950 | 3,188 | |
Boeing Company1 | 25,256 | 3,058 | |
Interpump Group SpA | 88,061 | 2,848 | |
SMC Corp. | 7,000 | 2,824 | |
Centre Testing International Group Co., Ltd. | 953,496 | 2,735 | |
Spirax-Sarco Engineering PLC | 21,981 | 2,525 | |
BAE Systems PLC | 273,358 | 2,402 | |
Bharat Electronics, Ltd. | 1,882,575 | 2,324 | |
Nidec Corp. | 37,400 | 2,107 | |
Havells India, Ltd. | 127,229 | 2,104 | |
Bureau Veritas SA | 87,784 | 1,960 | |
Epiroc AB, Class B | 152,819 | 1,922 | |
ABB, Ltd. | 71,165 | 1,833 | |
Grupo Aeroportuario del Pacífico, SAB de CV, Class B | 138,779 | 1,754 | |
AirTAC International Group | 74,000 | 1,693 | |
Hitachi, Ltd. | 37,400 | 1,584 | |
Siemens AG | 14,679 | 1,453 | |
Mitsui & Co., Ltd. | 60,100 | 1,289 | |
Atlas Copco AB, Class B | 124,991 | 1,034 | |
Haitian International Holdings, Ltd. | 476,000 | 896 | |
Experian PLC | 27,683 | 812 | |
Techtronic Industries Co., Ltd. | 70,500 | 666 | |
Vicor Corp.1 | 8,616 | 510 | |
Hefei Meyer Optoelectronic Technology, Inc., Class A | 126,100 | 406 | |
Ryanair Holdings PLC (ADR)1 | 4,000 | 234 | |
266,826 |
Common stocks (continued) Materials 7.61% | Shares | Value (000) | |
Vale SA (ADR), ordinary nominative shares | 1,793,401 | $23,888 | |
Vale SA, ordinary nominative shares | 1,564,716 | 20,897 | |
First Quantum Minerals, Ltd. | 1,426,815 | 24,222 | |
Albemarle Corp. | 82,134 | 21,720 | |
Asian Paints, Ltd. | 522,903 | 21,448 | |
Freeport-McMoRan, Inc. | 633,791 | 17,322 | |
Linde PLC | 46,430 | 12,517 | |
Pidilite Industries, Ltd. | 359,264 | 11,787 | |
Sika AG | 54,120 | 10,837 | |
Sociedad Química y Minera de Chile SA, Class B (ADR) | 59,935 | 5,439 | |
Barrick Gold Corp. | 323,276 | 5,011 | |
Givaudan SA | 1,354 | 4,082 | |
Shin-Etsu Chemical Co., Ltd. | 39,900 | 3,962 | |
LANXESS AG | 133,996 | 3,924 | |
Yunnan Energy New Material Co., Ltd., Class A | 142,500 | 3,497 | |
Wacker Chemie AG | 33,237 | 3,439 | |
Loma Negra Compania Industrial Argentina SA (ADR) | 505,941 | 3,152 | |
Fresnillo PLC | 299,094 | 2,556 | |
Shandong Sinocera Functional Material Co., Ltd., Class A | 550,800 | 2,248 | |
SIG Group AG | 87,976 | 1,787 | |
CCL Industries, Inc., Class B, nonvoting shares | 34,789 | 1,686 | |
Amcor PLC (CDI) | 142,086 | 1,509 | |
Wheaton Precious Metals Corp. | 45,653 | 1,477 | |
Arkema SA | 18,951 | 1,382 | |
OCI NV | 37,480 | 1,378 | |
Koninklijke DSM NV | 11,275 | 1,279 | |
Corteva, Inc. | 19,893 | 1,137 | |
Umicore SA | 37,150 | 1,077 | |
Grupo México, SAB de CV, Series B | 308,732 | 1,044 | |
Beijing Oriental Yuhong Waterproof Technology Co., Ltd., Class A | 277,593 | 1,032 | |
Glencore PLC | 166,729 | 880 | |
BASF SE | 13,092 | 507 | |
Navin Fluorine International, Ltd. | 7,411 | 406 | |
Polymetal International PLC1 | 76,572 | 167 | |
Alrosa PJSC3 | 1,123,215 | —5 | |
218,696 | |||
Consumer staples 6.84% | |||
Kweichow Moutai Co., Ltd., Class A | 191,607 | 50,400 | |
ITC, Ltd. | 4,045,089 | 16,429 | |
Bunge, Ltd. | 149,541 | 12,348 | |
Nestlé SA | 92,260 | 9,990 | |
Constellation Brands, Inc., Class A | 42,567 | 9,777 | |
Anheuser-Busch InBev SA/NV | 179,571 | 8,123 | |
Japan Tobacco, Inc. | 453,100 | 7,437 | |
Varun Beverages, Ltd. | 578,800 | 7,404 | |
Monster Beverage Corp.1 | 72,394 | 6,295 | |
Pernod Ricard SA | 31,930 | 5,836 | |
Carlsberg A/S, Class B | 47,845 | 5,583 | |
Philip Morris International, Inc. | 63,051 | 5,234 | |
British American Tobacco PLC | 144,635 | 5,172 | |
Avenue Supermarts, Ltd.1 | 95,552 | 5,132 | |
Raia Drogasil SA, ordinary nominative shares | 1,191,066 | 5,019 | |
Kimberly-Clark de México, SAB de CV, ordinary participation certificates, Class A | 3,606,312 | 4,819 | |
Dabur India, Ltd. | 536,320 | 3,758 |
Common stocks (continued) Consumer staples (continued) | Shares | Value (000) | |
Wuliangye Yibin Co., Ltd., Class A | 144,571 | $3,433 | |
Foshan Haitian Flavouring and Food Co., Ltd., Class A | 279,496 | 3,249 | |
Arca Continental, SAB de CV | 387,274 | 2,789 | |
Uni-Charm Corp. | 66,000 | 2,157 | |
Inner Mongolia Yili Industrial Group Co., Ltd., Class A | 447,500 | 2,078 | |
L’Oréal SA, non-registered shares | 6,137 | 1,954 | |
Proya Cosmetics Co., Ltd., Class A | 76,920 | 1,766 | |
Mondelez International, Inc. | 31,135 | 1,707 | |
Danone SA | 34,906 | 1,645 | |
Monde Nissin Corp. | 7,788,000 | 1,614 | |
United Spirits, Ltd.1 | 150,135 | 1,544 | |
Unilever PLC (EUR denominated) | 28,623 | 1,262 | |
Reckitt Benckiser Group PLC | 18,924 | 1,251 | |
Ajinomoto Co., Inc. | 40,600 | 1,106 | |
Diageo PLC | 9,646 | 404 | |
X5 Retail Group NV (GDR)3 | 88,147 | —5 | |
196,715 | |||
Communication services 5.21% | |||
Alphabet, Inc., Class C1 | 290,173 | 27,900 | |
Alphabet, Inc., Class A1 | 76,238 | 7,292 | |
Bharti Airtel, Ltd. | 1,893,435 | 18,493 | |
Bharti Airtel, Ltd., interim shares | 80,154 | 393 | |
Tencent Holdings, Ltd. | 439,900 | 14,856 | |
Sea, Ltd., Class A (ADR)1 | 259,026 | 14,518 | |
Meta Platforms, Inc., Class A1 | 78,992 | 10,718 | |
América Móvil, SAB de CV, Series L (ADR) | 584,857 | 9,633 | |
MTN Group, Ltd. | 1,427,448 | 9,372 | |
Netflix, Inc.1 | 35,813 | 8,432 | |
Telefónica, SA, non-registered shares1 | 2,014,089 | 6,640 | |
Activision Blizzard, Inc. | 68,127 | 5,065 | |
Vodafone Group PLC | 4,493,384 | 5,061 | |
NetEase, Inc. | 167,200 | 2,539 | |
NetEase, Inc. (ADR) | 26,801 | 2,026 | |
Indus Towers, Ltd. | 1,674,859 | 4,058 | |
Informa PLC | 261,509 | 1,507 | |
JCDecaux SA1 | 116,458 | 1,371 | |
Yandex NV, Class A1,3 | 378,730 | —5 | |
149,874 | |||
Energy 4.22% | |||
Reliance Industries, Ltd. | 1,699,129 | 49,144 | |
New Fortress Energy, Inc., Class A | 234,986 | 10,271 | |
TotalEnergies SE | 201,667 | 9,492 | |
Cheniere Energy, Inc. | 54,716 | 9,078 | |
Baker Hughes Co., Class A | 387,071 | 8,113 | |
BP PLC | 1,438,199 | 6,839 | |
Exxon Mobil Corp. | 66,625 | 5,817 | |
Hess Corp. | 42,526 | 4,635 | |
Aker BP ASA | 160,241 | 4,595 | |
Petróleo Brasileiro SA (Petrobras) (ADR), ordinary nominative shares | 327,030 | 4,036 | |
Chevron Corp. | 24,968 | 3,587 | |
Shell PLC (GBP denominated) | 95,904 | 2,386 | |
INPEX Corp. | 188,000 | 1,764 | |
TechnipFMC PLC1 | 171,215 | 1,449 |
Common stocks (continued) Energy (continued) | Shares | Value (000) | |
Gazprom PJSC3,4 | 945,858 | $—5 | |
Rosneft Oil Co. PJSC3,4 | 588,661 | —5 | |
121,206 | |||
Utilities 1.62% | |||
ENN Energy Holdings, Ltd. | 1,796,700 | 23,908 | |
AES Corp. | 467,865 | 10,574 | |
Engie SA | 431,524 | 4,951 | |
Power Grid Corporation of India, Ltd. | 1,407,075 | 3,641 | |
Enel SpA | 717,325 | 2,939 | |
China Resources Gas Group, Ltd. | 100,000 | 316 | |
China Gas Holdings, Ltd. | 67,400 | 80 | |
46,409 | |||
Real estate 1.51% | |||
Macrotech Developers, Ltd.1 | 892,313 | 10,035 | |
American Tower Corp. REIT | 40,141 | 8,618 | |
ESR Group, Ltd. | 2,725,200 | 6,874 | |
BR Malls Participações SA, ordinary nominative shares | 3,350,637 | 5,857 | |
CK Asset Holdings, Ltd. | 921,500 | 5,530 | |
China Overseas Land & Investment, Ltd. | 873,500 | 2,253 | |
CTP NV | 192,994 | 1,993 | |
Embassy Office Parks REIT | 367,228 | 1,559 | |
China Vanke Co., Ltd., Class H | 428,900 | 780 | |
Onewo, Inc., Class H1 | 2,615 | 15 | |
43,514 | |||
Total common stocks (cost: $2,216,014,000) | 2,485,739 | ||
Preferred securities 1.08% Consumer discretionary 0.52% | |||
Dr. Ing. h.c. F. Porsche AG, nonvoting non-registered shares1 | 79,177 | 6,402 | |
Getir BV, Series D, preferred shares1,3,4 | 7,768 | 4,995 | |
Porsche Automobil Holding SE, nonvoting preferred shares | 60,985 | 3,474 | |
14,871 | |||
Materials 0.24% | |||
Gerdau SA, preferred nominative shares | 1,526,459 | 6,916 | |
Real estate 0.22% | |||
QuintoAndar, Ltd., Series E, preferred shares1,3,4 | 32,657 | 5,038 | |
QuintoAndar, Ltd., Series E-1, preferred shares1,3,4 | 8,400 | 1,296 | |
6,334 | |||
Financials 0.05% | |||
Itaú Unibanco Holding SA (ADR), preferred nominative shares | 151,962 | 786 | |
Itaú Unibanco Holding SA, preferred nominative shares | 113,600 | 591 | |
1,377 | |||
Energy 0.03% | |||
Petróleo Brasileiro SA (Petrobras), preferred nominative shares | 156,248 | 863 |
Preferred securities (continued) Health care 0.01% | Shares | Value (000) | |
Grifols, SA, Class B, nonvoting non-registered preferred shares1 | 70,954 | $444 | |
Industrials 0.01% | |||
GOL Linhas Aéreas Inteligentes SA, preferred nominative shares1 | 169,406 | 280 | |
Information technology 0.00% | |||
Canva, Inc., Series A, noncumulative preferred shares1,3,4 | 34 | 35 | |
Canva, Inc., Series A-3, noncumulative preferred shares1,3,4 | 1 | 1 | |
36 | |||
Total preferred securities (cost: $29,000,000) | 31,121 | ||
Rights & warrants 0.01% Materials 0.01% | |||
Shandong Sinocera Functional Material Co., Ltd., Class A, warrants, expire 20231,6 | 43,474 | 177 | |
Consumer discretionary 0.00% | |||
Compagnie Financière Richemont SA, Class A, warrants, expire 20231 | 37,386 | 17 | |
Total rights & warrants (cost: $183,000) | 194 | ||
Bonds, notes & other debt instruments 3.29% Bonds & notes of governments & government agencies outside the U.S. 2.69% | Principal amount (000) | ||
Abu Dhabi (Emirate of) 2.50% 20296 | USD1,000 | 872 | |
Abu Dhabi (Emirate of) 1.70% 20316 | 885 | 704 | |
Angola (Republic of) 8.25% 2028 | 500 | 395 | |
Angola (Republic of) 8.00% 20296 | 1,100 | 831 | |
Angola (Republic of) 8.75% 20326 | 480 | 357 | |
Argentine Republic 1.00% 2029 | 32 | 6 | |
Argentine Republic 0.50% 2030 (0.75% on 7/9/2023)7 | 5,341 | 1,079 | |
Argentine Republic 1.50% 2035 (3.625% on 7/9/2023)7 | 2,217 | 404 | |
Argentine Republic 3.875% 2038 (4.25% on 7/9/2023)7 | 1,318 | 311 | |
Argentine Republic 3.50% 2041 (4.875% on 7/9/2029)7 | 5,279 | 1,136 | |
Armenia (Republic of) 7.15% 2025 | 290 | 284 | |
Bahrain (Kingdom of) 6.75% 20296 | 500 | 468 | |
Belarus (Republic of) 6.875% 20238 | 915 | 299 | |
Belarus (Republic of) 5.875% 20268 | 230 | 58 | |
Belarus (Republic of) 7.625% 20278 | 335 | 80 | |
Brazil (Federative Republic of) 6.00% 20279 | BRL20,933 | 3,985 | |
Brazil (Federative Republic of) 10.00% 2027 | 19,869 | 3,472 | |
Chile (Republic of) 3.10% 2041 | USD375 | 255 | |
Chile (Republic of) 4.34% 2042 | 645 | 512 | |
China (People’s Republic of), Series INBK, 2.89% 2031 | CNY36,200 | 5,124 | |
China (People’s Republic of), Series INBK, 3.72% 2051 | 34,650 | 5,330 | |
Colombia (Republic of) 4.50% 2026 | USD280 | 257 | |
Colombia (Republic of) 3.00% 2030 | 213 | 153 | |
Colombia (Republic of) 3.25% 2032 | 700 | 475 | |
Colombia (Republic of) 7.375% 2037 | 1,090 | 947 | |
Colombia (Republic of) 5.625% 2044 | 320 | 213 | |
Colombia (Republic of) 5.20% 2049 | 555 | 344 |
Bonds, notes & other debt instruments (continued) Bonds & notes of governments & government agencies outside the U.S. (continued) | Principal amount (000) | Value (000) | |
Colombia (Republic of) 4.125% 2051 | USD350 | $189 | |
Cote d’Ivoire (Republic of) 4.875% 2032 | EUR150 | 99 | |
Dominican Republic 6.875% 2026 | USD370 | 362 | |
Dominican Republic 8.625% 20276 | 575 | 582 | |
Dominican Republic 5.50% 20296 | 275 | 238 | |
Dominican Republic 11.375% 2029 | DOP12,800 | 233 | |
Dominican Republic 6.00% 20336 | USD150 | 122 | |
Dominican Republic 7.45% 20446 | 1,125 | 949 | |
Dominican Republic 7.45% 2044 | 1,000 | 844 | |
Dominican Republic 5.875% 20606 | 280 | 186 | |
Egypt (Arab Republic of) 5.875% 20316 | 365 | 213 | |
Egypt (Arab Republic of) 6.375% 2031 | EUR250 | 143 | |
Egypt (Arab Republic of) 7.625% 20326 | USD1,140 | 691 | |
Egypt (Arab Republic of) 7.625% 2032 | 275 | 167 | |
Egypt (Arab Republic of) 8.50% 2047 | 800 | 447 | |
Egypt (Arab Republic of) 8.875% 2050 | 850 | 475 | |
Egypt (Arab Republic of) 8.75% 2051 | 755 | 418 | |
Egypt (Arab Republic of) 8.15% 20596 | 500 | 271 | |
Ethiopia (Federal Democratic Republic of) 6.625% 2024 | 1,830 | 935 | |
Export-Import Bank of India 3.25% 2030 | 1,180 | 988 | |
Gabonese Republic 6.95% 2025 | 540 | 448 | |
Gabonese Republic 7.00% 2031 | 520 | 344 | |
Ghana (Republic of) 6.375% 2027 | 485 | 196 | |
Ghana (Republic of) 7.875% 2027 | 200 | 83 | |
Ghana (Republic of) 7.625% 2029 | 460 | 177 | |
Ghana (Republic of) 7.75% 20296 | 1,125 | 431 | |
Ghana (Republic of) 8.125% 2032 | 2,130 | 806 | |
Honduras (Republic of) 6.25% 2027 | 1,365 | 1,127 | |
Honduras (Republic of) 5.625% 2030 | 678 | 493 | |
Honduras (Republic of) 5.625% 20306 | 281 | 204 | |
Indonesia (Republic of) 6.625% 2037 | 500 | 519 | |
Indonesia (Republic of) 5.25% 2042 | 840 | 763 | |
Iraq (Republic of) 6.752% 2023 | 960 | 936 | |
Jordan (Hashemite Kingdom of) 5.75% 20276 | 800 | 722 | |
Kazakhstan (Republic of) 6.50% 20456 | 800 | 743 | |
Kenya (Republic of) 8.25% 20486 | 2,000 | 1,215 | |
Mozambique (Republic of) 5.00% 2031 (9.00% on 9/15/2023)7 | 880 | 606 | |
Oman (Sultanate of) 4.875% 20256 | 565 | 547 | |
Oman (Sultanate of) 5.375% 2027 | 750 | 707 | |
Oman (Sultanate of) 6.25% 20316 | 600 | 561 | |
Pakistan (Islamic Republic of) 5.625% 2022 | 850 | 729 | |
Pakistan (Islamic Republic of) 8.25% 20256 | 410 | 164 | |
Pakistan (Islamic Republic of) 6.00% 20266 | 380 | 149 | |
Pakistan (Islamic Republic of) 6.875% 20276 | 1,050 | 403 | |
Pakistan (Islamic Republic of) 7.875% 2036 | 200 | 74 | |
Panama (Republic of) 3.75% 20266 | 1,180 | 1,123 | |
Panama (Republic of) 4.50% 2047 | 1,155 | 825 | |
Panama (Republic of) 4.50% 2050 | 400 | 280 | |
Panama (Republic of) 4.30% 2053 | 400 | 268 | |
Panama (Republic of) 4.50% 2063 | 200 | 133 | |
Paraguay (Republic of) 4.70% 20276 | 400 | 379 | |
Paraguay (Republic of) 4.95% 2031 | 320 | 286 | |
Peru (Republic of) 3.00% 2034 | 425 | 320 | |
Peru (Republic of) 6.55% 2037 | 1,070 | 1,100 | |
Peru (Republic of) 3.55% 2051 | 370 | 249 |
Bonds, notes & other debt instruments (continued) Bonds & notes of governments & government agencies outside the U.S. (continued) | Principal amount (000) | Value (000) | |
Peru (Republic of) 2.78% 2060 | USD365 | $199 | |
PETRONAS Capital, Ltd. 4.55% 20506 | 400 | 358 | |
Philippines (Republic of) 1.648% 2031 | 580 | 438 | |
Philippines (Republic of) 6.375% 2034 | 820 | 860 | |
Philippines (Republic of) 3.95% 2040 | 700 | 558 | |
Philippines (Republic of) 3.70% 2041 | 505 | 387 | |
Philippines (Republic of) 2.95% 2045 | 790 | 516 | |
PT Indonesia Asahan Aluminium Tbk 6.757% 2048 | 200 | 175 | |
Qatar (State of) 4.50% 20286 | 2,000 | 1,978 | |
Qatar (State of) 4.50% 2028 | 600 | 593 | |
Romania 2.00% 2032 | EUR1,375 | 833 | |
Romania 2.00% 2033 | 300 | 175 | |
Romania 5.125% 20486 | USD500 | 349 | |
Russian Federation 4.25% 20278 | 1,000 | 445 | |
Russian Federation 4.375% 20296,8 | 800 | 324 | |
Russian Federation 5.10% 20358 | 1,600 | 648 | |
Russian Federation 5.25% 20478 | 1,200 | 534 | |
Senegal (Republic of) 4.75% 2028 | EUR950 | 755 | |
Senegal (Republic of) 6.75% 2048 | USD200 | 125 | |
South Africa (Republic of) 5.875% 2030 | 1,200 | 1,037 | |
South Africa (Republic of) 5.875% 2032 | 400 | 331 | |
Sri Lanka (Democratic Socialist Republic of) 6.125% 20258 | 450 | 126 | |
Sri Lanka (Democratic Socialist Republic of) 6.85% 20258 | 1,904 | 513 | |
Sri Lanka (Democratic Socialist Republic of) 6.825% 20268 | 1,270 | 334 | |
Sri Lanka (Democratic Socialist Republic of) 7.55% 20308 | 471 | 120 | |
Tunisia (Republic of) 6.75% 2023 | EUR465 | 349 | |
Tunisia (Republic of) 6.75% 2023 | 310 | 233 | |
Tunisia (Republic of) 5.625% 2024 | 710 | 466 | |
Tunisia (Republic of) 5.75% 2025 | USD625 | 376 | |
Turkey (Republic of) 6.375% 2025 | 200 | 181 | |
Turkey (Republic of) 7.625% 2029 | 200 | 171 | |
Turkey (Republic of) 11.875% 2030 | 800 | 855 | |
Turkey (Republic of) 5.875% 2031 | 1,170 | 852 | |
Turkey (Republic of) 4.875% 2043 | 400 | 227 | |
Turkey (Republic of) 5.75% 2047 | 2,005 | 1,212 | |
Ukraine 8.994% 20268 | 600 | 129 | |
Ukraine 7.75% 20298 | 2,328 | 495 | |
Ukraine 9.75% 2030 | 900 | 197 | |
Ukraine 7.375% 20348 | 2,180 | 418 | |
United Mexican States 4.50% 2029 | 300 | 278 | |
United Mexican States 4.75% 2032 | 870 | 783 | |
United Mexican States 4.75% 2044 | 1,090 | 840 | |
United Mexican States 3.75% 2071 | 200 | 117 | |
United Mexican States, Series M, 7.50% 2027 | MXN20,360 | 927 | |
Venezuela (Bolivarian Republic of) 7.00% 20188 | USD64 | 4 | |
Venezuela (Bolivarian Republic of) 7.75% 20198 | 1,149 | 80 | |
Venezuela (Bolivarian Republic of) 6.00% 20208 | 950 | 67 | |
Venezuela (Bolivarian Republic of) 12.75% 20228 | 85 | 6 | |
Venezuela (Bolivarian Republic of) 9.00% 20238 | 1,383 | 104 | |
Venezuela (Bolivarian Republic of) 8.25% 20248 | 299 | 22 | |
Venezuela (Bolivarian Republic of) 7.65% 20258 | 129 | 10 | |
Venezuela (Bolivarian Republic of) 11.75% 20268 | 64 | 5 | |
Venezuela (Bolivarian Republic of) 9.25% 20278 | 170 | 14 | |
Venezuela (Bolivarian Republic of) 9.25% 20288 | 319 | 26 |
Bonds, notes & other debt instruments (continued) Bonds & notes of governments & government agencies outside the U.S. (continued) | Principal amount (000) | Value (000) | |
Venezuela (Bolivarian Republic of) 11.95% 20318 | USD106 | $9 | |
Venezuela (Bolivarian Republic of) 7.00% 20388 | 107 | 8 | |
77,185 | |||
Corporate bonds, notes & loans 0.51% Energy 0.17% | |||
Oleoducto Central SA 4.00% 20276 | 255 | 197 | |
Petrobras Global Finance Co. 6.85% 2115 | 314 | 246 | |
Petróleos Mexicanos 6.875% 2026 | 1,025 | 925 | |
Petróleos Mexicanos 6.49% 2027 | 2,020 | 1,696 | |
Petróleos Mexicanos 8.75% 20296 | 755 | 647 | |
Petróleos Mexicanos 6.70% 2032 | 622 | 437 | |
Petrorio Luxembourg SARL 6.125% 2026 | 200 | 181 | |
Sinopec Group Overseas Development (2018), Ltd. 3.10% 20516 | 630 | 430 | |
4,759 | |||
Financials 0.11% | |||
Bangkok Bank PCL 3.733% 2034 (5-year UST Yield Curve Rate T Note Constant Maturity + 1.90% on 9/25/2029)7 | 1,140 | 938 | |
CMB International Leasing Management, Ltd. 2.75% 2030 | 895 | 695 | |
HDFC Bank, Ltd. 3.70% junior subordinated perpetual bonds (5-Year UST Yield Curve Rate T Note Constant Maturity + 2.925% on 2/25/2027)6,7 | 600 | 488 | |
Power Financial Corp., Ltd. 6.15% 2028 | 432 | 426 | |
Power Financial Corp., Ltd. 4.50% 2029 | 273 | 245 | |
Power Financial Corp., Ltd. 3.35% 2031 | 310 | 244 | |
3,036 | |||
Consumer discretionary 0.07% | |||
Alibaba Group Holding, Ltd. 4.20% 2047 | 600 | 435 | |
Alibaba Group Holding, Ltd. 3.15% 2051 | 410 | 241 | |
Arcos Dorados BV 6.125% 2029 | 450 | 408 | |
Meituan Dianping 3.05% 20306 | 800 | 530 | |
MercadoLibre, Inc. 3.125% 2031 | 400 | 291 | |
Sands China, Ltd. 4.875% 2030 | 220 | 172 | |
2,077 | |||
Materials 0.06% | |||
Braskem Idesa SAPI 7.45% 2029 | 775 | 589 | |
Braskem Idesa SAPI 7.45% 20296 | 300 | 228 | |
CSN Resources SA 7.625% 2026 | 224 | 216 | |
GC Treasury Center Co., Ltd. 4.40% 20326 | 230 | 198 | |
Sasol Financing USA, LLC 5.875% 2024 | 500 | 486 | |
1,717 | |||
Communication services 0.04% | |||
Axiata SPV5 Labuan, Ltd. 3.064% 2050 | 357 | 237 | |
PLDT, Inc. 2.50% 2031 | 210 | 172 | |
Tencent Holdings, Ltd. 3.975% 2029 | 400 | 359 | |
Tencent Holdings, Ltd. 3.24% 20506 | 580 | 354 | |
1,122 | |||
Consumer staples 0.02% | |||
Marfrig Global Foods SA 3.95% 2031 | 320 | 232 | |
NBM US Holdings, Inc. 6.625% 20294 | 420 | 384 | |
616 |
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Utilities 0.02% | Principal amount (000) | Value (000) | |
AES Panama Generation Holdings SRL 4.375% 20306 | USD280 | $221 | |
Empresas Publicas de Medellin ESP 4.25% 20296 | 412 | 300 | |
521 | |||
Industrials 0.01% | |||
Mexico City Airport Trust 4.25% 2026 | 475 | 423 | |
Health care 0.01% | |||
Rede D’Or Finance SARL 4.50% 2030 | 480 | 390 | |
Total corporate bonds, notes & loans | 14,661 | ||
U.S. Treasury bonds & notes 0.09% U.S. Treasury 0.09% | |||
U.S. Treasury (3-month U.S. Treasury Bill Yield - 0.015%) 3.282% 202410,11 | 2,730 | 2,729 | |
Total U.S. Treasury bonds & notes | 2,729 | ||
Total bonds, notes & other debt instruments (cost: $131,038,000) | 94,575 | ||
Short-term securities 9.54% Money market investments 9.49% | Shares | ||
Capital Group Central Cash Fund 2.81%12,13 | 2,727,277 | 272,701 | |
Money market investments purchased with collateral from securities on loan 0.05% | |||
Capital Group Central Cash Fund 2.81%12,13,14 | 8,785 | 878 | |
Goldman Sachs Financial Square Government Fund, Institutional Shares 2.93%12,14 | 140,787 | 141 | |
Morgan Stanley Institutional Liquidity Funds – Government Portfolio, Institutional Class 2.80%12,14 | 140,534 | 141 | |
State Street Institutional U.S. Government Money Market Fund, Institutional Class 2.91%12,14 | 140,534 | 141 | |
BlackRock Liquidity Funds – FedFund, Institutional Shares 2.76%12,14 | 140,534 | 140 | |
Invesco Short-Term Investments Trust – Government & Agency Portfolio, Institutional Class 2.88%12,14 | 140,534 | 140 | |
1,581 | |||
Total short-term securities (cost: $274,255,000) | 274,282 | ||
Total investment securities 100.39% (cost: $2,650,490,000) | 2,885,911 | ||
Other assets less liabilities (0.39)% | (11,217) | ||
Net assets 100.00% | $2,874,694 |
Contracts | Type | Number of contracts | Expiration | Notional amount (000) | Value and unrealized appreciation (depreciation) at 9/30/2022 (000) |
5 Year U.S. Treasury Note Futures | Short | 83 | December 2022 | USD(8,923) | $309 |
10 Year Euro-Bund Futures | Short | 11 | December 2022 | (1,493) | 70 |
10 Year Ultra U.S. Treasury Note Futures | Short | 41 | December 2022 | (4,858) | 300 |
30 Year Ultra U.S. Treasury Bond Futures | Long | 44 | December 2022 | 6,028 | (548) |
$131 |
Contract amount | Counterparty | Settlement date | Unrealized appreciation (depreciation) at 9/30/2022 (000) | |||
Currency purchased (000) | Currency sold (000) | |||||
USD | 1,880 | EUR | 1,885 | JPMorgan Chase | 10/13/2022 | $31 |
EUR | 50 | USD | 50 | Bank of America | 10/13/2022 | (1) |
USD | 1,222 | EUR | 1,238 | JPMorgan Chase | 10/26/2022 | 6 |
$36 |
Value of affiliates at 1/1/2022 (000) | Additions (000) | Reductions (000) | Net realized loss (000) | Net unrealized appreciation (000) | Value of affiliates at 9/30/2022 (000) | Dividend income (000) | ||||
Short-term securities 9.52% | ||||||||||
Money market investments 9.49% | ||||||||||
Capital Group Central Cash Fund 2.81%12 | $216,764 | $677,473 | $621,489 | $(58) | $11 | $272,701 | $2,211 | |||
Money market investments purchased with collateral from securities on loan 0.03% | ||||||||||
Capital Group Central Cash Fund 2.81%12,14 | 4,255 | 3,37715 | 878 | —16 | ||||||
Total 9.52% | $(58) | $11 | $273,579 | $2,211 |
Acquisition date(s) | Cost (000) | Value (000) | Percent of net assets | |
QuintoAndar, Ltd., Series E, preferred shares1,3 | 5/26/2021 | $5,258 | $5,038 | .18% |
QuintoAndar, Ltd., Series E-1, preferred shares1,3 | 12/20/2021 | 1,716 | 1,296 | .04 |
Getir BV, Series D, preferred shares1,3 | 5/27/2021 | 3,500 | 4,995 | .17 |
Canva, Inc.1,3 | 8/26/2021-11/4/2021 | 656 | 399 | .02 |
Canva, Inc., Series A, noncumulative preferred shares1,3 | 11/4/2021 | 58 | 35 | .00 |
Canva, Inc., Series A-3, noncumulative preferred shares1,3 | 11/4/2021 | 2 | 1 | .00 |
NBM US Holdings, Inc. 6.625% 2029 | 7/8/2022 | 404 | 384 | .01 |
Sberbank of Russia PJSC1,3 | 6/14/2022 | 5,929 | —5 | .00 |
Acquisition date(s) | Cost (000) | Value (000) | Percent of net assets | |||
Gazprom PJSC3 | 7/19/2022 | $2,237 | $—5 | .00% | ||
Rosneft Oil Co. PJSC3 | 8/2/2022 | 2,757 | —5 | .00 | ||
Total | $22,517 | $12,148 | .42% |
1 | Security did not produce income during the last 12 months. |
2 | All or a portion of this security was on loan. The total value of all such securities was $4,837,000, which represented .17% of the net assets of the fund. |
3 | Value determined using significant unobservable inputs. |
4 | Restricted security, other than Rule 144A, subject to legal or contractual restrictions on resale, including private placement and other securities not registered under the Securities Act of 1933. The total value of all such restricted securities was $12,148,000, which represented .42% of the net assets of the fund. |
5 | Amount less than one thousand. |
6 | Acquired in a transaction exempt from registration under Rule 144A of the Securities Act of 1933. May be resold in the U.S. in transactions exempt from registration, normally to qualified institutional buyers. The total value of all such securities was $19,904,000, which represented .69% of the net assets of the fund. |
7 | Step bond; coupon rate may change at a later date. |
8 | Scheduled interest and/or principal payment was not received. |
9 | Index-linked bond whose principal amount moves with a government price index. |
10 | All or a portion of this security was pledged as collateral. The total value of pledged collateral was $56,000, which represented less than .01% of the net assets of the fund. |
11 | Coupon rate may change periodically. Reference rate and spread are as of the most recent information available. Some coupon rates are determined by the issuer or agent based on current market conditions; therefore, the reference rate and spread are not available. |
12 | Rate represents the seven-day yield at 9/30/2022. |
13 | Part of the same “group of investment companies“ as the fund as defined under the Investment Company Act of 1940, as amended. |
14 | Security purchased with cash collateral from securities on loan. |
15 | Represents net activity. |
16 | Dividend income is included with securities lending income and is not shown in this table. |
Key to abbreviations |
ADR = American Depositary Receipts |
BRL = Brazilian reais |
CDI = CREST Depository Interest |
CNY = Chinese yuan |
DOP = Dominican pesos |
EUR = Euros |
GBP = British pounds |
GDR = Global Depositary Receipts |
MXN = Mexican pesos |
REIT = Real Estate Investment Trust |
USD = U.S. dollars |
Common stocks 95.05% Health care 22.33% | Shares | Value (000) | |
UnitedHealth Group, Inc. | 787,528 | $397,733 | |
Pfizer, Inc. | 4,913,849 | 215,030 | |
CVS Health Corp. | 2,115,431 | 201,749 | |
Johnson & Johnson | 1,019,885 | 166,608 | |
Eli Lilly and Company | 439,941 | 142,255 | |
AbbVie, Inc. | 855,391 | 114,802 | |
Humana, Inc. | 215,204 | 104,415 | |
AstraZeneca PLC (ADR) | 1,501,854 | 82,362 | |
Elevance Health, Inc. | 156,394 | 71,040 | |
Gilead Sciences, Inc. | 1,117,643 | 68,947 | |
Abbott Laboratories | 661,612 | 64,018 | |
Cigna Corp. | 230,426 | 63,936 | |
Danaher Corp. | 202,837 | 52,391 | |
Bristol-Myers Squibb Company | 583,500 | 41,481 | |
Thermo Fisher Scientific, Inc. | 39,089 | 19,826 | |
Zimmer Biomet Holdings, Inc. | 179,120 | 18,727 | |
Regeneron Pharmaceuticals, Inc.1 | 26,592 | 18,318 | |
Novo Nordisk A/S, Class B (ADR) | 175,527 | 17,488 | |
GSK PLC (ADR) | 496,598 | 14,615 | |
Roche Holding AG (ADR) | 332,061 | 13,488 | |
Molina Healthcare, Inc.1 | 38,989 | 12,860 | |
Zoetis, Inc., Class A | 53,108 | 7,875 | |
Edwards Lifesciences Corp.1 | 85,300 | 7,048 | |
Baxter International, Inc. | 114,187 | 6,150 | |
ResMed, Inc. | 27,020 | 5,899 | |
1,929,061 | |||
Information technology 16.99% | |||
Microsoft Corp. | 1,899,599 | 442,417 | |
Broadcom, Inc. | 949,499 | 421,587 | |
Apple, Inc. | 772,382 | 106,743 | |
Intel Corp. | 2,803,420 | 72,244 | |
ASML Holding NV (New York registered) (ADR) | 136,017 | 56,495 | |
Visa, Inc., Class A | 292,551 | 51,972 | |
Fidelity National Information Services, Inc. | 479,689 | 36,250 | |
Mastercard, Inc., Class A | 105,282 | 29,936 | |
KLA Corp. | 91,732 | 27,761 | |
Paychex, Inc. | 227,153 | 25,489 | |
Applied Materials, Inc. | 269,929 | 22,115 | |
Automatic Data Processing, Inc. | 93,830 | 21,223 | |
SAP SE (ADR) | 253,285 | 20,579 | |
Motorola Solutions, Inc. | 89,048 | 19,944 | |
Texas Instruments, Inc. | 119,302 | 18,466 | |
TE Connectivity, Ltd. | 165,716 | 18,288 | |
NetApp, Inc. | 291,087 | 18,004 | |
STMicroelectronics NV | 436,611 | 13,509 |
Common stocks (continued) Information technology (continued) | Shares | Value (000) | |
Synopsys, Inc. (USA)1 | 41,481 | $12,673 | |
QUALCOMM, Inc. | 85,889 | 9,704 | |
Analog Devices, Inc. | 68,074 | 9,485 | |
EPAM Systems, Inc.1 | 21,637 | 7,837 | |
Micron Technology, Inc. | 81,603 | 4,088 | |
Ciena Corp.1 | 17,550 | 709 | |
1,467,518 | |||
Financials 14.80% | |||
Marsh & McLennan Companies, Inc. | 1,348,519 | 201,320 | |
CME Group, Inc., Class A | 871,549 | 154,377 | |
JPMorgan Chase & Co. | 1,078,974 | 112,753 | |
BlackRock, Inc. | 172,499 | 94,923 | |
Chubb, Ltd. | 500,236 | 90,983 | |
Wells Fargo & Company | 1,835,883 | 73,839 | |
Discover Financial Services | 567,264 | 51,576 | |
Bank of America Corp. | 1,398,611 | 42,238 | |
Citizens Financial Group, Inc. | 1,122,426 | 38,567 | |
PNC Financial Services Group, Inc. | 250,917 | 37,492 | |
Intercontinental Exchange, Inc. | 394,483 | 35,641 | |
S&P Global, Inc. | 113,240 | 34,578 | |
Capital One Financial Corp. | 371,370 | 34,229 | |
M&T Bank Corp. | 179,930 | 31,725 | |
Toronto-Dominion Bank | 482,261 | 29,577 | |
Nasdaq, Inc. | 467,271 | 26,485 | |
Morgan Stanley | 322,081 | 25,448 | |
Apollo Asset Management, Inc. | 451,240 | 20,983 | |
Aon PLC, Class A | 76,913 | 20,603 | |
KKR & Co., Inc. | 468,784 | 20,158 | |
Truist Financial Corp. | 316,007 | 13,759 | |
Fifth Third Bancorp | 405,156 | 12,949 | |
KeyCorp | 794,869 | 12,734 | |
Carlyle Group, Inc. | 393,832 | 10,177 | |
Arthur J. Gallagher & Co. | 56,249 | 9,631 | |
Bank of Nova Scotia | 200,700 | 9,547 | |
Canadian Imperial Bank of Commerce | 192,000 | 8,402 | |
Travelers Companies, Inc. | 53,736 | 8,232 | |
Moody’s Corp. | 26,105 | 6,346 | |
Blackstone, Inc., nonvoting shares | 54,677 | 4,576 | |
Charles Schwab Corp. | 38,738 | 2,784 | |
Progressive Corp. | 14,654 | 1,703 | |
1,278,335 | |||
Industrials 10.64% | |||
Northrop Grumman Corp. | 364,880 | 171,610 | |
Lockheed Martin Corp. | 264,457 | 102,157 | |
Raytheon Technologies Corp. | 937,291 | 76,727 | |
L3Harris Technologies, Inc. | 336,350 | 69,904 | |
Caterpillar, Inc. | 420,292 | 68,962 | |
CSX Corp. | 2,552,286 | 67,993 | |
Norfolk Southern Corp. | 308,507 | 64,678 | |
United Parcel Service, Inc., Class B | 390,914 | 63,148 | |
Honeywell International, Inc. | 307,047 | 51,268 | |
Waste Connections, Inc. | 209,975 | 28,374 | |
Boeing Company1 | 225,576 | 27,313 |
Common stocks (continued) Industrials (continued) | Shares | Value (000) | |
ABB, Ltd. (ADR)2 | 769,666 | $19,750 | |
Carrier Global Corp. | 317,975 | 11,307 | |
Republic Services, Inc. | 78,273 | 10,648 | |
Huntington Ingalls Industries, Inc. | 47,307 | 10,478 | |
Equifax, Inc. | 56,352 | 9,660 | |
PACCAR, Inc. | 108,835 | 9,108 | |
HEICO Corp. | 59,743 | 8,602 | |
Rockwell Automation | 37,903 | 8,153 | |
Johnson Controls International PLC | 161,632 | 7,956 | |
BAE Systems PLC (ADR) | 223,315 | 7,831 | |
Cummins, Inc. | 26,081 | 5,308 | |
Air Lease Corp., Class A | 157,245 | 4,876 | |
RELX PLC (ADR) | 186,041 | 4,523 | |
Robert Half International, Inc. | 47,894 | 3,664 | |
Union Pacific Corp. | 17,176 | 3,346 | |
Waste Management, Inc. | 11,150 | 1,786 | |
919,130 | |||
Consumer discretionary 6.89% | |||
Home Depot, Inc. | 580,952 | 160,308 | |
YUM! Brands, Inc. | 662,015 | 70,399 | |
Darden Restaurants, Inc. | 484,263 | 61,172 | |
General Motors Company | 1,888,409 | 60,599 | |
Target Corp. | 206,360 | 30,622 | |
Wynn Resorts, Ltd.1 | 478,148 | 30,138 | |
Lennar Corp., Class A | 376,581 | 28,074 | |
TJX Companies, Inc. | 448,449 | 27,857 | |
Dollar General Corp. | 105,032 | 25,193 | |
VF Corp. | 759,641 | 22,721 | |
Starbucks Corp. | 252,857 | 21,306 | |
Amazon.com, Inc.1 | 123,804 | 13,990 | |
Chipotle Mexican Grill, Inc.1 | 9,251 | 13,902 | |
D.R. Horton, Inc. | 146,593 | 9,873 | |
NIKE, Inc., Class B | 65,630 | 5,455 | |
McDonald’s Corp. | 21,948 | 5,064 | |
Polaris, Inc. | 52,835 | 5,054 | |
Royal Caribbean Cruises, Ltd.1 | 108,026 | 4,094 | |
595,821 | |||
Energy 6.31% | |||
Pioneer Natural Resources Company | 488,009 | 105,669 | |
Chevron Corp. | 709,136 | 101,882 | |
ConocoPhillips | 783,991 | 80,234 | |
EOG Resources, Inc. | 644,955 | 72,061 | |
Baker Hughes Co., Class A | 2,997,685 | 62,831 | |
Exxon Mobil Corp. | 480,043 | 41,913 | |
TC Energy Corp. | 678,590 | 27,340 | |
Canadian Natural Resources, Ltd. | 428,638 | 19,962 | |
Coterra Energy, Inc. | 572,900 | 14,964 | |
Valero Energy Corp. | 96,484 | 10,309 | |
Enbridge, Inc. | 208,235 | 7,725 | |
544,890 |
Common stocks (continued) Consumer staples 5.57% | Shares | Value (000) | |
Archer Daniels Midland Company | 1,388,250 | $111,685 | |
Nestlé SA (ADR) | 576,464 | 62,033 | |
Keurig Dr Pepper, Inc. | 1,547,440 | 55,429 | |
Kraft Heinz Company | 1,101,959 | 36,750 | |
Procter & Gamble Company | 270,314 | 34,127 | |
Reckitt Benckiser Group PLC (ADR)2 | 2,220,407 | 29,509 | |
Hormel Foods Corp. | 601,233 | 27,320 | |
General Mills, Inc. | 345,460 | 26,466 | |
Costco Wholesale Corp. | 47,244 | 22,312 | |
Mondelez International, Inc. | 387,972 | 21,272 | |
Unilever PLC (ADR) | 283,070 | 12,410 | |
Church & Dwight Co., Inc. | 154,431 | 11,033 | |
Walgreens Boots Alliance, Inc. | 316,943 | 9,952 | |
Conagra Brands, Inc. | 232,207 | 7,577 | |
Kimberly-Clark Corp. | 59,250 | 6,668 | |
Danone (ADR) | 694,054 | 6,535 | |
481,078 | |||
Communication services 5.02% | |||
Comcast Corp., Class A | 6,485,333 | 190,215 | |
Alphabet, Inc., Class C1 | 836,159 | 80,397 | |
Alphabet, Inc., Class A1 | 448,220 | 42,872 | |
Verizon Communications, Inc. | 1,475,762 | 56,035 | |
Activision Blizzard, Inc. | 398,372 | 29,615 | |
Meta Platforms, Inc., Class A1 | 203,589 | 27,623 | |
Electronic Arts, Inc. | 36,898 | 4,269 | |
Deutsche Telekom AG (ADR) | 142,813 | 2,436 | |
433,462 | |||
Utilities 2.87% | |||
Constellation Energy Corp. | 851,384 | 70,827 | |
Sempra Energy | 382,338 | 57,328 | |
Entergy Corp. | 353,733 | 35,596 | |
Evergy, Inc. | 394,084 | 23,408 | |
CMS Energy Corp. | 357,860 | 20,842 | |
Public Service Enterprise Group, Inc. | 235,300 | 13,231 | |
NextEra Energy, Inc. | 147,221 | 11,544 | |
Dominion Energy, Inc. | 123,750 | 8,552 | |
Xcel Energy, Inc. | 110,238 | 7,055 | |
248,383 | |||
Materials 2.34% | |||
Linde PLC | 203,281 | 54,803 | |
Rio Tinto PLC (ADR)2 | 510,165 | 28,090 | |
Corteva, Inc. | 428,754 | 24,503 | |
Dow, Inc. | 433,063 | 19,024 | |
LyondellBasell Industries NV | 249,234 | 18,762 | |
Nucor Corp. | 161,150 | 17,241 | |
Air Products and Chemicals, Inc. | 66,153 | 15,396 | |
Huntsman Corp. | 442,172 | 10,851 | |
Albemarle Corp. | 39,814 | 10,528 | |
H.B. Fuller Co. | 49,263 | 2,961 | |
202,159 |
Common stocks (continued) Real estate 1.29% | Shares | Value (000) | |
Extra Space Storage, Inc. REIT | 302,510 | $52,246 | |
Digital Realty Trust, Inc. REIT | 235,861 | 23,393 | |
Equinix, Inc. REIT | 22,948 | 13,054 | |
Regency Centers Corp. REIT | 236,484 | 12,735 | |
American Tower Corp. REIT | 47,490 | 10,196 | |
111,624 | |||
Total common stocks (cost: $7,527,715,000) | 8,211,461 | ||
Convertible stocks 0.34% Health care 0.21% | |||
Becton, Dickinson and Company, Series B, convertible preferred shares, 6.00% 2023 | 197,800 | 9,324 | |
Danaher Corp., Series B, cumulative convertible preferred shares, 5.00% 20232 | 6,821 | 9,191 | |
18,515 | |||
Utilities 0.08% | |||
NextEra Energy, Inc., noncumulative convertible preferred units, 6.926% 2025 | 90,700 | 4,172 | |
American Electric Power Company, Inc., convertible preferred units, 6.125% 2023 | 56,400 | 2,792 | |
6,964 | |||
Financials 0.05% | |||
KKR & Co., Inc., Series C, convertible preferred shares, 6.00% 2023 | 79,100 | 4,305 | |
Total convertible stocks (cost: $30,919,000) | 29,784 | ||
Short-term securities 5.01% Money market investments 4.68% | |||
Capital Group Central Cash Fund 2.81%3,4 | 4,043,291 | 404,289 | |
Money market investments purchased with collateral from securities on loan 0.33% | |||
Capital Group Central Cash Fund 2.81%3,4,5 | 157,452 | 15,744 | |
Goldman Sachs Financial Square Government Fund, Institutional Shares 2.93%3,5 | 2,523,464 | 2,523 | |
BlackRock Liquidity Funds – FedFund, Institutional Shares 2.76%3,5 | 2,518,929 | 2,519 | |
Invesco Short-Term Investments Trust – Government & Agency Portfolio, Institutional Class 2.88%3,5 | 2,518,928 | 2,519 | |
Morgan Stanley Institutional Liquidity Funds – Government Portfolio, Institutional Class 2.80%3,5 | 2,518,928 | 2,519 | |
State Street Institutional U.S. Government Money Market Fund, Institutional Class 2.91%3,5 | 2,518,928 | 2,519 | |
28,343 | |||
Total short-term securities (cost: $432,585,000) | 432,632 | ||
Total investment securities 100.40% (cost: $7,991,219,000) | 8,673,877 | ||
Other assets less liabilities (0.40)% | (34,774) | ||
Net assets 100.00% | $8,639,103 |
Value of affiliates at 1/1/2022 (000) | Additions (000) | Reductions (000) | Net realized loss (000) | Net unrealized appreciation (000) | Value of affiliates at 9/30/2022 (000) | Dividend income (000) | ||||
Short-term securities 4.86% | ||||||||||
Money market investments 4.68% | ||||||||||
Capital Group Central Cash Fund 2.81%3 | $321,870 | $1,148,912 | $1,066,429 | $(69) | $5 | $404,289 | $3,079 | |||
Money market investments purchased with collateral from securities on loan 0.18% | ||||||||||
Capital Group Central Cash Fund 2.81%3,5 | 9,273 | 6,4716 | 15,744 | —7 | ||||||
Total 4.86% | $(69) | $5 | $420,033 | $3,079 |
1 | Security did not produce income during the last 12 months. |
2 | All or a portion of this security was on loan. The total value of all such securities was $30,569,000, which represented .35% of the net assets of the fund. |
3 | Rate represents the seven-day yield at 9/30/2022. |
4 | Part of the same “group of investment companies“ as the fund as defined under the Investment Company Act of 1940, as amended. |
5 | Security purchased with cash collateral from securities on loan. |
6 | Represents net activity. |
7 | Dividend income is included with securities lending income and is not shown in this table. |
Key to abbreviations |
ADR = American Depositary Receipts |
REIT = Real Estate Investment Trust |
Common stocks 90.92% Information technology 15.89% | Shares | Value (000) | |
Microsoft Corp. | 225,854 | $52,601 | |
Broadcom, Inc. | 111,157 | 49,355 | |
Taiwan Semiconductor Manufacturing Company, Ltd. | 2,691,800 | 35,382 | |
ASML Holding NV | 50,341 | 20,881 | |
Apple, Inc. | 118,625 | 16,394 | |
EPAM Systems, Inc.1 | 39,500 | 14,307 | |
Tokyo Electron, Ltd. | 40,700 | 10,077 | |
Accenture PLC, Class A | 25,258 | 6,499 | |
Micron Technology, Inc. | 122,920 | 6,158 | |
Mastercard, Inc., Class A | 15,851 | 4,507 | |
Capgemini SE | 25,431 | 4,064 | |
Logitech International SA2 | 66,612 | 3,042 | |
Delta Electronics, Inc. | 337,000 | 2,678 | |
Hexagon AB, Class B | 268,028 | 2,485 | |
OBIC Co., Ltd. | 16,800 | 2,227 | |
Ceridian HCM Holding, Inc.1 | 39,674 | 2,217 | |
Synopsys, Inc. (USA)1 | 5,894 | 1,801 | |
Worldline SA, non-registered shares1 | 44,297 | 1,732 | |
MediaTek, Inc. | 93,000 | 1,619 | |
Microchip Technology, Inc. | 24,738 | 1,510 | |
TE Connectivity, Ltd. | 13,092 | 1,445 | |
Keyence Corp. | 4,200 | 1,394 | |
SK hynix, Inc. | 24,055 | 1,380 | |
Zscaler, Inc.1 | 7,768 | 1,277 | |
DocuSign, Inc.1 | 23,514 | 1,257 | |
ServiceNow, Inc.1 | 3,204 | 1,210 | |
Fujitsu, Ltd. | 11,000 | 1,186 | |
Snowflake, Inc., Class A1 | 5,882 | 1,000 | |
Disco Corp. | 3,900 | 850 | |
GlobalWafers Co., Ltd. | 71,000 | 808 | |
STMicroelectronics NV2 | 24,900 | 770 | |
Nomura Research Institute, Ltd. | 28,600 | 703 | |
SS&C Technologies Holdings, Inc. | 10,174 | 486 | |
Atlassian Corp. PLC, Class A1 | 2,187 | 461 | |
PagSeguro Digital, Ltd., Class A1 | 31,305 | 414 | |
Infosys, Ltd. | 19,228 | 329 | |
254,506 | |||
Health care 14.27% | |||
UnitedHealth Group, Inc. | 76,738 | 38,756 | |
Abbott Laboratories | 250,943 | 24,281 | |
Eli Lilly and Company | 59,722 | 19,311 | |
Thermo Fisher Scientific, Inc. | 21,310 | 10,808 | |
Daiichi Sankyo Company, Ltd. | 354,400 | 9,858 | |
Novartis AG | 125,641 | 9,578 | |
AstraZeneca PLC | 86,963 | 9,563 |
Common stocks (continued) Health care (continued) | Shares | Value (000) | |
Pfizer, Inc. | 218,115 | $9,545 | |
Gilead Sciences, Inc. | 151,950 | 9,374 | |
Centene Corp.1 | 115,474 | 8,985 | |
Amgen, Inc. | 31,217 | 7,036 | |
Siemens Healthineers AG | 161,114 | 6,979 | |
Novo Nordisk A/S, Class B | 61,424 | 6,122 | |
Stryker Corp. | 29,193 | 5,913 | |
AbbVie, Inc. | 36,188 | 4,857 | |
PerkinElmer, Inc. | 37,462 | 4,508 | |
Olympus Corp. | 217,800 | 4,192 | |
Medtronic PLC | 43,532 | 3,515 | |
Vertex Pharmaceuticals, Inc.1 | 10,485 | 3,036 | |
CVS Health Corp. | 31,111 | 2,967 | |
ResMed, Inc. | 13,349 | 2,914 | |
Shionogi & Co., Ltd. | 50,500 | 2,443 | |
Bayer AG | 50,522 | 2,332 | |
Carl Zeiss Meditec AG, non-registered shares | 20,117 | 2,119 | |
Insulet Corp.1 | 8,891 | 2,040 | |
Cigna Corp. | 6,794 | 1,885 | |
Guardant Health, Inc.1 | 33,985 | 1,829 | |
Zoetis, Inc., Class A | 11,722 | 1,738 | |
DexCom, Inc.1 | 19,772 | 1,593 | |
Chugai Pharmaceutical Co., Ltd. | 60,400 | 1,508 | |
Intuitive Surgical, Inc.1 | 7,543 | 1,414 | |
Alcon, Inc. | 22,793 | 1,320 | |
CSL, Ltd. | 7,133 | 1,293 | |
Rede D’Or Sao Luiz SA | 199,176 | 1,097 | |
Catalent, Inc.1 | 13,075 | 946 | |
Edwards Lifesciences Corp.1 | 11,385 | 941 | |
Agilon Health, Inc.1 | 19,961 | 468 | |
BioNTech SE (ADR) | 3,300 | 445 | |
GSK PLC | 29,625 | 432 | |
Molina Healthcare, Inc.1 | 1,089 | 359 | |
HOYA Corp. | 1,300 | 125 | |
EUROAPI1 | 2,830 | 47 | |
228,472 | |||
Financials 12.53% | |||
Zurich Insurance Group AG | 43,662 | 17,357 | |
Kotak Mahindra Bank, Ltd. | 739,681 | 16,372 | |
Toronto-Dominion Bank (CAD denominated) | 201,444 | 12,355 | |
AIA Group, Ltd. | 1,327,799 | 11,024 | |
CME Group, Inc., Class A | 56,837 | 10,067 | |
B3 SA-Brasil, Bolsa, Balcao | 3,649,417 | 8,829 | |
Wells Fargo & Company | 178,065 | 7,162 | |
DNB Bank ASA | 412,457 | 6,530 | |
Nasdaq, Inc. | 112,554 | 6,380 | |
PNC Financial Services Group, Inc. | 40,785 | 6,094 | |
HDFC Bank, Ltd. | 293,166 | 5,080 | |
HDFC Bank, Ltd. (ADR) | 14,932 | 872 | |
Ping An Insurance (Group) Company of China, Ltd., Class H | 1,068,500 | 5,313 | |
JPMorgan Chase & Co. | 46,441 | 4,853 | |
HDFC Life Insurance Company, Ltd. | 706,242 | 4,596 | |
Aon PLC, Class A | 16,257 | 4,355 | |
Chubb, Ltd. | 23,535 | 4,281 |
Common stocks (continued) Financials (continued) | Shares | Value (000) | |
Discover Financial Services | 45,843 | $4,168 | |
KBC Groep NV | 85,698 | 4,020 | |
DBS Group Holdings, Ltd. | 167,200 | 3,866 | |
American International Group, Inc. | 78,624 | 3,733 | |
Morgan Stanley | 44,284 | 3,499 | |
ING Groep NV | 403,452 | 3,459 | |
Blackstone, Inc., nonvoting shares | 39,638 | 3,318 | |
Intercontinental Exchange, Inc. | 35,332 | 3,192 | |
Fifth Third Bancorp | 96,922 | 3,098 | |
S&P Global, Inc. | 8,922 | 2,724 | |
Citigroup, Inc. | 63,336 | 2,639 | |
Hong Kong Exchanges and Clearing, Ltd. | 66,400 | 2,254 | |
ICICI Bank, Ltd. | 176,395 | 1,848 | |
AXA SA | 83,122 | 1,820 | |
National Bank of Canada2 | 28,394 | 1,780 | |
Moody’s Corp. | 6,912 | 1,680 | |
FinecoBank SpA | 134,386 | 1,652 | |
Fairfax Financial Holdings, Ltd., subordinate voting shares | 3,463 | 1,582 | |
Apollo Asset Management, Inc. | 32,705 | 1,521 | |
BNP Paribas SA | 35,932 | 1,517 | |
Banco Santander, SA | 635,398 | 1,477 | |
XP, Inc., Class A1 | 77,173 | 1,467 | |
Power Corporation of Canada, subordinate voting shares | 63,342 | 1,427 | |
Bajaj Finance, Ltd. | 15,022 | 1,341 | |
Blue Owl Capital, Inc., Class A | 136,448 | 1,259 | |
Postal Savings Bank of China Co., Ltd., Class H | 2,145,000 | 1,256 | |
Tryg A/S | 57,879 | 1,189 | |
Marsh & McLennan Companies, Inc. | 7,839 | 1,170 | |
Macquarie Group, Ltd. | 12,033 | 1,168 | |
Lufax Holding, Ltd. (ADR) | 412,385 | 1,047 | |
East Money Information Co., Ltd., Class A | 379,800 | 937 | |
Tradeweb Markets, Inc., Class A | 14,761 | 833 | |
Aegon NV | 196,376 | 780 | |
China Merchants Bank Co., Ltd., Class A | 86,187 | 407 | |
Sberbank of Russia PJSC1,3,4 | 3,196,952 | —5 | |
200,648 | |||
Industrials 10.29% | |||
Airbus SE, non-registered shares | 167,583 | 14,478 | |
General Electric Co. | 221,487 | 13,712 | |
BAE Systems PLC | 1,384,749 | 12,166 | |
Raytheon Technologies Corp. | 124,716 | 10,209 | |
Lockheed Martin Corp. | 26,079 | 10,074 | |
Carrier Global Corp. | 269,654 | 9,589 | |
Recruit Holdings Co., Ltd. | 299,050 | 8,632 | |
Deere & Company | 22,473 | 7,503 | |
Safran SA | 78,754 | 7,161 | |
L3Harris Technologies, Inc. | 30,044 | 6,244 | |
Caterpillar, Inc. | 32,616 | 5,352 | |
CSX Corp. | 180,184 | 4,800 | |
LIXIL Corp. | 293,900 | 4,259 | |
RELX PLC | 123,166 | 3,007 | |
RELX PLC (ADR) | 15,132 | 368 | |
TransDigm Group, Inc. | 6,130 | 3,217 | |
Daikin Industries, Ltd. | 20,200 | 3,121 |
Common stocks (continued) Industrials (continued) | Shares | Value (000) | |
Bureau Veritas SA | 135,794 | $3,033 | |
Siemens AG | 30,606 | 3,029 | |
Melrose Industries PLC | 2,495,048 | 2,786 | |
Johnson Controls International PLC | 54,870 | 2,701 | |
Brenntag SE | 41,159 | 2,512 | |
Canadian Pacific Railway, Ltd. | 32,801 | 2,188 | |
Bunzl PLC | 71,427 | 2,174 | |
ASSA ABLOY AB, Class B | 108,508 | 2,028 | |
Boeing Company1 | 15,825 | 1,916 | |
Schneider Electric SE | 15,207 | 1,706 | |
Compagnie de Saint-Gobain SA, non-registered shares | 46,420 | 1,655 | |
Thales SA | 14,997 | 1,654 | |
Waste Connections, Inc. | 11,938 | 1,613 | |
BayCurrent Consulting, Inc. | 5,700 | 1,464 | |
Rockwell Automation | 6,529 | 1,404 | |
ManpowerGroup, Inc. | 20,517 | 1,327 | |
VINCI SA | 15,814 | 1,270 | |
Nidec Corp. | 21,900 | 1,234 | |
SMC Corp. | 2,900 | 1,170 | |
Adecco Group AG | 30,464 | 837 | |
Rentokil Initial PLC | 157,900 | 834 | |
Mitsui & Co., Ltd. | 35,300 | 757 | |
Atlas Copco AB, Class B | 89,617 | 741 | |
International Consolidated Airlines Group SA (CDI)1,2 | 290,939 | 303 | |
Honeywell International, Inc. | 1,774 | 296 | |
Larsen & Toubro, Ltd. | 11,925 | 269 | |
Ryanair Holdings PLC (ADR)1 | 100 | 6 | |
164,799 | |||
Consumer discretionary 8.93% | |||
LVMH Moët Hennessy-Louis Vuitton SE | 41,736 | 24,534 | |
Home Depot, Inc. | 65,094 | 17,962 | |
General Motors Company | 369,169 | 11,847 | |
Amazon.com, Inc.1 | 101,318 | 11,449 | |
Rivian Automotive, Inc., Class A1 | 163,454 | 5,379 | |
Flutter Entertainment PLC1 | 46,858 | 5,119 | |
Marriott International, Inc., Class A | 35,145 | 4,925 | |
Booking Holdings, Inc.1 | 2,943 | 4,836 | |
Restaurant Brands International, Inc. (CAD denominated) | 72,692 | 3,867 | |
Restaurant Brands International, Inc. | 12,226 | 650 | |
Sony Group Corp. | 66,800 | 4,299 | |
Cie. Financière Richemont SA, Class A | 42,182 | 3,958 | |
Dollar Tree Stores, Inc.1 | 24,811 | 3,377 | |
Chipotle Mexican Grill, Inc.1 | 2,172 | 3,264 | |
Shimano, Inc. | 19,700 | 3,105 | |
Tesla, Inc.1 | 10,338 | 2,742 | |
Astra International Tbk PT | 5,925,400 | 2,556 | |
Industria de Diseño Textil, SA | 117,993 | 2,437 | |
Sands China, Ltd.1 | 912,400 | 2,259 | |
Pan Pacific International Holdings Corp. | 124,500 | 2,188 | |
Evolution AB | 26,167 | 2,061 | |
Target Corp. | 12,784 | 1,897 | |
YUM! Brands, Inc. | 17,358 | 1,846 | |
Darden Restaurants, Inc. | 14,188 | 1,792 | |
Stellantis NV | 150,681 | 1,780 |
Common stocks (continued) Consumer discretionary (continued) | Shares | Value (000) | |
InterContinental Hotels Group PLC | 36,080 | $1,731 | |
EssilorLuxottica | 12,616 | 1,709 | |
NIKE, Inc., Class B | 20,014 | 1,664 | |
Midea Group Co., Ltd., Class A | 222,600 | 1,547 | |
JD.com, Inc., Class A | 49,397 | 1,247 | |
Li Ning Co., Ltd. | 163,000 | 1,239 | |
Kindred Group PLC (SDR) | 136,247 | 1,017 | |
Aristocrat Leisure, Ltd. | 39,792 | 831 | |
Royal Caribbean Cruises, Ltd.1 | 17,446 | 661 | |
Wynn Macau, Ltd.1,2 | 942,000 | 603 | |
Airbnb, Inc., Class A1 | 2,134 | 224 | |
Entain PLC | 17,337 | 208 | |
Hermès International | 105 | 123 | |
142,933 | |||
Consumer staples 7.36% | |||
Philip Morris International, Inc. | 292,358 | 24,268 | |
Nestlé SA | 131,970 | 14,290 | |
Keurig Dr Pepper, Inc. | 340,098 | 12,182 | |
British American Tobacco PLC | 250,080 | 8,943 | |
Kweichow Moutai Co., Ltd., Class A | 31,600 | 8,312 | |
Kroger Co. | 177,351 | 7,759 | |
Imperial Brands PLC | 249,223 | 5,143 | |
Ocado Group PLC1 | 919,645 | 4,775 | |
Bunge, Ltd. | 50,910 | 4,204 | |
Seven & i Holdings Co., Ltd. | 102,300 | 4,109 | |
Danone SA | 70,434 | 3,319 | |
Treasury Wine Estates, Ltd. | 396,969 | 3,196 | |
Arca Continental, SAB de CV | 443,218 | 3,191 | |
Ajinomoto Co., Inc. | 94,100 | 2,564 | |
ITC, Ltd. | 587,344 | 2,385 | |
Varun Beverages, Ltd. | 185,051 | 2,367 | |
Inner Mongolia Yili Industrial Group Co., Ltd., Class A | 502,400 | 2,333 | |
Altria Group, Inc. | 56,754 | 2,292 | |
Constellation Brands, Inc., Class A | 9,529 | 2,189 | |
Haleon PLC1 | 37,032 | 114 | |
117,935 | |||
Materials 6.21% | |||
Vale SA, ordinary nominative shares | 1,692,432 | 22,602 | |
Vale SA (ADR), ordinary nominative shares | 903,723 | 12,038 | |
Fortescue Metals Group, Ltd. | 1,283,035 | 13,751 | |
Rio Tinto PLC | 212,369 | 11,503 | |
Freeport-McMoRan, Inc. | 262,253 | 7,167 | |
Linde PLC | 18,877 | 5,089 | |
BHP Group, Ltd. (CDI) | 137,540 | 3,454 | |
Shin-Etsu Chemical Co., Ltd. | 31,800 | 3,158 | |
Albemarle Corp. | 11,502 | 3,042 | |
Air Products and Chemicals, Inc. | 9,309 | 2,166 | |
Barrick Gold Corp. (CAD denominated) | 127,238 | 1,972 | |
Air Liquide SA, non-registered shares | 17,273 | 1,967 | |
CRH PLC | 59,744 | 1,913 | |
Dow, Inc. | 42,264 | 1,857 | |
Akzo Nobel NV | 30,998 | 1,748 | |
Amcor PLC (CDI) | 154,047 | 1,636 |
Common stocks (continued) Materials (continued) | Shares | Value (000) | |
Evonik Industries AG | 87,055 | $1,468 | |
First Quantum Minerals, Ltd. | 70,833 | 1,202 | |
HeidelbergCement AG | 25,414 | 1,018 | |
Lynas Rare Earths, Ltd.1 | 129,901 | 625 | |
99,376 | |||
Energy 5.96% | |||
Canadian Natural Resources, Ltd. (CAD denominated) | 434,558 | 20,228 | |
Baker Hughes Co., Class A | 431,101 | 9,036 | |
TotalEnergies SE | 184,486 | 8,684 | |
EOG Resources, Inc. | 76,460 | 8,543 | |
ConocoPhillips | 55,582 | 5,688 | |
Tourmaline Oil Corp. | 94,911 | 4,933 | |
BP PLC | 972,798 | 4,626 | |
Reliance Industries, Ltd. | 146,289 | 4,231 | |
Cameco Corp. | 153,708 | 4,079 | |
Shell PLC (GBP denominated) | 155,703 | 3,874 | |
Cenovus Energy, Inc. (CAD denominated) | 215,483 | 3,310 | |
Woodside Energy Group, Ltd. | 120,486 | 2,451 | |
Woodside Energy Group, Ltd. (CDI) | 37,623 | 772 | |
TC Energy Corp. (CAD denominated) | 78,816 | 3,175 | |
Aker BP ASA | 101,330 | 2,906 | |
Var Energi ASA | 735,288 | 2,394 | |
Halliburton Company | 95,380 | 2,348 | |
Suncor Energy, Inc. | 82,080 | 2,312 | |
Exxon Mobil Corp. | 20,413 | 1,782 | |
Gazprom PJSC3,4 | 2,248,304 | —5 | |
95,372 | |||
Communication services 5.28% | |||
Alphabet, Inc., Class C1 | 210,093 | 20,200 | |
Alphabet, Inc., Class A1 | 92,342 | 8,833 | |
Netflix, Inc.1 | 31,356 | 7,382 | |
Meta Platforms, Inc., Class A1 | 51,596 | 7,001 | |
Comcast Corp., Class A | 233,134 | 6,838 | |
SoftBank Corp. | 553,985 | 5,540 | |
NetEase, Inc. | 354,600 | 5,385 | |
Bharti Airtel, Ltd. | 366,287 | 3,577 | |
Bharti Airtel, Ltd., interim shares | 13,994 | 69 | |
Sea, Ltd., Class A (ADR)1 | 59,407 | 3,330 | |
Deutsche Telekom AG | 167,449 | 2,870 | |
Universal Music Group NV | 148,872 | 2,806 | |
Publicis Groupe SA | 57,232 | 2,708 | |
Singapore Telecommunications, Ltd. | 1,354,700 | 2,493 | |
Nippon Telegraph and Telephone Corp. | 56,400 | 1,522 | |
Omnicom Group, Inc. | 22,966 | 1,449 | |
Take-Two Interactive Software, Inc.1 | 12,130 | 1,322 | |
Tencent Holdings, Ltd. | 36,300 | 1,226 | |
Yandex NV, Class A1,3 | 151,598 | —5 | |
84,551 | |||
Utilities 2.99% | |||
DTE Energy Company | 51,885 | 5,969 | |
Iberdrola, SA, non-registered shares | 510,846 | 4,749 | |
NextEra Energy, Inc. | 57,000 | 4,469 |
Common stocks (continued) Utilities (continued) | Shares | Value (000) | |
PG&E Corp.1 | 329,189 | $4,115 | |
China Resources Gas Group, Ltd. | 1,188,132 | 3,750 | |
E.ON SE | 449,216 | 3,477 | |
National Grid PLC | 326,281 | 3,367 | |
Engie SA | 242,678 | 2,785 | |
Engie SA, bonus shares | 41,586 | 477 | |
Edison International | 53,587 | 3,032 | |
Exelon Corp. | 60,803 | 2,278 | |
Constellation Energy Corp. | 26,877 | 2,236 | |
Power Grid Corporation of India, Ltd. | 845,231 | 2,187 | |
Enel SpA | 481,516 | 1,973 | |
AES Corp. | 47,865 | 1,082 | |
Endesa, SA | 71,889 | 1,078 | |
Public Service Enterprise Group, Inc. | 14,569 | 819 | |
47,843 | |||
Real estate 1.21% | |||
Crown Castle, Inc. REIT | 40,705 | 5,884 | |
Longfor Group Holdings, Ltd. | 1,227,000 | 3,477 | |
American Tower Corp. REIT | 12,889 | 2,767 | |
Americold Realty Trust, Inc. REIT | 65,356 | 1,608 | |
W. P. Carey, Inc. REIT | 22,705 | 1,585 | |
VICI Properties, Inc. REIT | 46,900 | 1,400 | |
China Resources Mixc Lifestyle Services, Ltd. | 364,600 | 1,397 | |
Sun Hung Kai Properties, Ltd. | 70,500 | 775 | |
Iron Mountain, Inc. REIT | 11,618 | 511 | |
19,404 | |||
Total common stocks (cost: $1,390,959,000) | 1,455,839 | ||
Preferred securities 0.42% Consumer discretionary 0.36% | |||
Volkswagen AG, nonvoting preferred shares | 27,209 | 3,361 | |
Dr. Ing. h.c. F. Porsche AG, nonvoting non-registered shares1 | 30,112 | 2,434 | |
5,795 | |||
Health care 0.03% | |||
Grifols, SA, Class B, nonvoting non-registered preferred shares1 | 70,967 | 444 | |
Financials 0.03% | |||
Fannie Mae, Series S, 8.25% noncumulative preferred shares1 | 58,870 | 217 | |
Federal Home Loan Mortgage Corp., Series Z, 8.375% noncumulative preferred shares1,2 | 61,516 | 205 | |
422 | |||
Total preferred securities (cost: $10,173,000) | 6,661 | ||
Convertible bonds & notes 0.06% Communication services 0.06% | Principal amount (000) | ||
Sea, Ltd., convertible notes, 2.375% 2025 | USD952 | 944 | |
Total convertible bonds & notes (cost: $2,437,000) | 944 |
Bonds, notes & other debt instruments 0.38% Corporate bonds, notes & loans 0.32% Health care 0.15% | Principal amount (000) | Value (000) | |
Teva Pharmaceutical Finance Co. BV 6.00% 2024 | USD1,600 | $1,556 | |
Teva Pharmaceutical Finance Co. BV 3.15% 2026 | 1,100 | 904 | |
2,460 | |||
Consumer discretionary 0.10% | |||
General Motors Company 5.40% 2023 | 300 | 300 | |
Royal Caribbean Cruises, Ltd. 11.50% 20256 | 647 | 689 | |
Royal Caribbean Cruises, Ltd. 5.50% 20286 | 390 | 274 | |
Royal Caribbean Cruises, Ltd. 8.25% 20296 | 151 | 147 | |
Royal Caribbean Cruises, Ltd. 9.25% 20296 | 125 | 123 | |
1,533 | |||
Energy 0.04% | |||
TransCanada PipeLines, Ltd. 5.10% 2049 | 800 | 711 | |
Financials 0.03% | |||
Lloyds Banking Group PLC 3.369% 20467 | 709 | 439 | |
Total corporate bonds, notes & loans | 5,143 | ||
Bonds & notes of governments & government agencies outside the U.S. 0.06% | |||
United Mexican States, Series M, 8.00% 2023 | MXN20,000 | 964 | |
Total bonds, notes & other debt instruments (cost: $6,906,000) | 6,107 | ||
Short-term securities 8.54% Money market investments 8.18% | Shares | ||
Capital Group Central Cash Fund 2.81%8,9 | 1,310,045 | 130,992 | |
Money market investments purchased with collateral from securities on loan 0.36% | |||
Capital Group Central Cash Fund 2.81%8,9,10 | 31,811 | 3,180 | |
Goldman Sachs Financial Square Government Fund, Institutional Shares 2.93%8,10 | 509,830 | 510 | |
BlackRock Liquidity Funds – FedFund, Institutional Shares 2.76%8,10 | 508,914 | 509 | |
Invesco Short-Term Investments Trust – Government & Agency Portfolio, Institutional Class 2.88%8,10 | 508,914 | 509 | |
Morgan Stanley Institutional Liquidity Funds – Government Portfolio, Institutional Class 2.80%8,10 | 508,914 | 509 | |
State Street Institutional U.S. Government Money Market Fund, Institutional Class 2.91%8,10 | 508,914 | 509 | |
5,726 | |||
Total short-term securities (cost: $136,693,000) | 136,718 | ||
Total investment securities 100.32% (cost: $1,547,168,000) | 1,606,269 | ||
Other assets less liabilities (0.32)% | (5,073) | ||
Net assets 100.00% | $1,601,196 |
Value of affiliates at 1/1/2022 (000) | Additions (000) | Reductions (000) | Net realized loss (000) | Net unrealized appreciation (000) | Value of affiliates at 9/30/2022 (000) | Dividend income (000) | ||||
Short-term securities 8.38% | ||||||||||
Money market investments 8.18% | ||||||||||
Capital Group Central Cash Fund 2.81%8 | $12,989 | $418,361 | $300,357 | $(26) | $25 | $130,992 | $761 | |||
Money market investments purchased with collateral from securities on loan 0.20% | ||||||||||
Capital Group Central Cash Fund 2.81%8,10 | 293 | 2,88711 | 3,180 | —12 | ||||||
Total 8.38% | $(26) | $25 | $134,172 | $761 |
Acquisition date | Cost (000) | Value (000) | Percent of net assets | |||
Sberbank of Russia PJSC1,3 | 6/14/2022 | $9,478 | $—5 | .00% | ||
Gazprom PJSC3 | 7/19/2022 | 5,650 | —5 | .00 | ||
Total | $15,128 | $—5 | .00% |
1 | Security did not produce income during the last 12 months. |
2 | All or a portion of this security was on loan. The total value of all such securities was $6,049,000, which represented .38% of the net assets of the fund. |
3 | Value determined using significant unobservable inputs. |
4 | Restricted security, other than Rule 144A, subject to legal or contractual restrictions on resale. The total value of all such restricted securities was less than $1,000, which represented less than 0.01% of the net assets of the fund. |
5 | Amount less than one thousand. |
6 | Acquired in a transaction exempt from registration under Rule 144A of the Securities Act of 1933. May be resold in the U.S. in transactions exempt from registration, normally to qualified institutional buyers. The total value of all such securities was $1,233,000, which represented .08% of the net assets of the fund. |
7 | Step bond; coupon rate may change at a later date. |
8 | Rate represents the seven-day yield at 9/30/2022. |
9 | Part of the same “group of investment companies“ as the fund as defined under the Investment Company Act of 1940, as amended. |
10 | Security purchased with cash collateral from securities on loan. |
11 | Represents net activity. |
12 | Dividend income is included with securities lending income and is not shown in this table. |
Common stocks 90.90% Information technology 20.60% | Shares | Value (000) | |
Microsoft Corp. | 8,011,817 | $1,865,952 | |
Broadcom, Inc. | 2,460,022 | 1,092,274 | |
Apple, Inc. | 3,276,479 | 452,809 | |
Mastercard, Inc., Class A | 1,425,952 | 405,455 | |
Visa, Inc., Class A | 1,346,541 | 239,213 | |
Automatic Data Processing, Inc. | 845,000 | 191,131 | |
Taiwan Semiconductor Manufacturing Company, Ltd. | 13,692,000 | 179,972 | |
ASML Holding NV | 290,068 | 120,318 | |
ASML Holding NV (New York registered) (ADR) | 137,293 | 57,024 | |
Accenture PLC, Class A | 625,335 | 160,899 | |
Applied Materials, Inc. | 1,686,100 | 138,142 | |
ServiceNow, Inc.1 | 280,858 | 106,055 | |
Global Payments, Inc. | 973,628 | 105,201 | |
Concentrix Corp. | 904,367 | 100,954 | |
GoDaddy, Inc., Class A1 | 1,402,444 | 99,405 | |
KLA Corp. | 301,000 | 91,092 | |
Micron Technology, Inc. | 1,565,449 | 78,429 | |
FleetCor Technologies, Inc.1 | 420,507 | 74,081 | |
Fidelity National Information Services, Inc. | 958,547 | 72,437 | |
QUALCOMM, Inc. | 564,911 | 63,824 | |
TELUS International (Cda), Inc., subordinate voting shares1 | 2,302,991 | 60,246 | |
Analog Devices, Inc. | 398,402 | 55,513 | |
Fiserv, Inc.1 | 536,700 | 50,219 | |
Texas Instruments, Inc. | 309,811 | 47,953 | |
Cognizant Technology Solutions Corp., Class A | 760,350 | 43,674 | |
MKS Instruments, Inc. | 481,000 | 39,750 | |
Adobe, Inc.1 | 143,116 | 39,386 | |
Snowflake, Inc., Class A1 | 225,042 | 38,248 | |
Intel Corp. | 1,275,000 | 32,857 | |
Datadog, Inc., Class A1 | 365,800 | 32,476 | |
Atlassian Corp. PLC, Class A1 | 141,050 | 29,704 | |
Trimble, Inc.1 | 443,800 | 24,085 | |
Ceridian HCM Holding, Inc.1 | 350,352 | 19,578 | |
Lam Research Corp. | 50,039 | 18,314 | |
Block, Inc., Class A1 | 301,422 | 16,575 | |
Dye & Durham, Ltd. | 1,322,100 | 16,290 | |
Affirm Holdings, Inc., Class A1 | 800,000 | 15,008 | |
Paychex, Inc. | 127,131 | 14,265 | |
VeriSign, Inc.1 | 61,000 | 10,596 | |
Euronet Worldwide, Inc.1 | 27,800 | 2,106 | |
6,301,510 | |||
Health care 12.99% | |||
UnitedHealth Group, Inc. | 2,141,821 | 1,081,705 | |
Abbott Laboratories | 6,014,324 | 581,946 | |
AbbVie, Inc. | 3,742,689 | 502,306 |
Common stocks (continued) Health care (continued) | Shares | Value (000) | |
Humana, Inc. | 487,426 | $236,494 | |
Novo Nordisk A/S, Class B | 2,341,449 | 233,382 | |
AstraZeneca PLC | 1,209,323 | 132,989 | |
AstraZeneca PLC (ADR) | 721,200 | 39,551 | |
Elevance Health, Inc. | 366,614 | 166,531 | |
Thermo Fisher Scientific, Inc. | 301,203 | 152,767 | |
Bristol-Myers Squibb Company | 1,929,278 | 137,152 | |
Eli Lilly and Company | 360,974 | 116,721 | |
Pfizer, Inc. | 2,180,169 | 95,404 | |
PerkinElmer, Inc. | 769,600 | 92,606 | |
Medtronic PLC | 764,000 | 61,693 | |
Seagen, Inc.1 | 432,135 | 59,129 | |
Royalty Pharma PLC, Class A | 1,170,161 | 47,017 | |
GSK PLC | 3,199,840 | 46,673 | |
Zoetis, Inc., Class A | 267,726 | 39,701 | |
Stryker Corp. | 148,897 | 30,158 | |
Roche Holding AG, nonvoting non-registered shares | 85,502 | 27,879 | |
Edwards Lifesciences Corp.1 | 317,059 | 26,198 | |
Horizon Therapeutics PLC1 | 318,690 | 19,724 | |
Zimmer Biomet Holdings, Inc. | 171,174 | 17,896 | |
NovoCure, Ltd.1 | 193,600 | 14,710 | |
Guardant Health, Inc.1 | 146,925 | 7,909 | |
Vir Biotechnology, Inc.1 | 258,400 | 4,982 | |
3,973,223 | |||
Industrials 12.84% | |||
Raytheon Technologies Corp. | 7,634,279 | 624,942 | |
General Electric Co. | 5,998,742 | 371,382 | |
Northrop Grumman Corp. | 633,267 | 297,838 | |
TFI International, Inc. | 2,669,105 | 241,501 | |
Carrier Global Corp. | 5,749,143 | 204,440 | |
Waste Connections, Inc. | 1,425,463 | 192,623 | |
General Dynamics Corp. | 848,975 | 180,127 | |
Woodward, Inc. | 2,204,500 | 176,933 | |
L3Harris Technologies, Inc. | 786,451 | 163,448 | |
TransDigm Group, Inc. | 302,520 | 158,769 | |
Airbus SE, non-registered shares | 1,617,590 | 139,747 | |
Old Dominion Freight Line, Inc. | 525,000 | 130,604 | |
BWX Technologies, Inc. | 2,159,505 | 108,774 | |
Norfolk Southern Corp. | 482,759 | 101,210 | |
Waste Management, Inc. | 625,300 | 100,179 | |
Equifax, Inc. | 490,008 | 84,002 | |
ITT, Inc. | 1,244,379 | 81,308 | |
United Rentals, Inc.1 | 296,000 | 79,956 | |
Lockheed Martin Corp. | 180,000 | 69,532 | |
Honeywell International, Inc. | 409,067 | 68,302 | |
Air Lease Corp., Class A | 2,097,300 | 65,037 | |
Fortive Corp. | 1,085,000 | 63,256 | |
United Airlines Holdings, Inc.1 | 1,810,598 | 58,899 | |
Safran SA | 539,713 | 49,073 | |
GFL Environmental, Inc., subordinate voting shares | 1,600,000 | 40,464 | |
CSX Corp. | 1,350,000 | 35,964 |
Common stocks (continued) Industrials (continued) | Shares | Value (000) | |
Cummins, Inc. | 100,000 | $20,351 | |
Otis Worldwide Corp. | 268,100 | 17,105 | |
3,925,766 | |||
Consumer discretionary 8.91% | |||
Amazon.com, Inc.1 | 7,677,691 | 867,579 | |
General Motors Company | 8,736,000 | 280,338 | |
Dollar Tree Stores, Inc.1 | 1,279,006 | 174,073 | |
Home Depot, Inc. | 606,133 | 167,256 | |
Hilton Worldwide Holdings, Inc. | 1,337,320 | 161,307 | |
Wyndham Hotels & Resorts, Inc. | 1,842,940 | 113,064 | |
Royal Caribbean Cruises, Ltd.1 | 2,814,603 | 106,673 | |
Chipotle Mexican Grill, Inc.1 | 70,670 | 106,200 | |
Dollar General Corp. | 291,102 | 69,824 | |
Lear Corp. | 569,068 | 68,112 | |
InterContinental Hotels Group PLC | 1,396,700 | 67,007 | |
Starbucks Corp. | 767,500 | 64,670 | |
Rivian Automotive, Inc., Class A1 | 1,838,450 | 60,503 | |
Aptiv PLC1 | 620,877 | 48,559 | |
Kering SA | 101,695 | 44,971 | |
McDonald’s Corp. | 186,000 | 42,918 | |
CarMax, Inc.1 | 650,000 | 42,913 | |
Burlington Stores, Inc.1 | 363,459 | 40,667 | |
D.R. Horton, Inc. | 595,751 | 40,124 | |
Darden Restaurants, Inc. | 296,000 | 37,391 | |
Airbnb, Inc., Class A1 | 350,000 | 36,764 | |
Norwegian Cruise Line Holdings, Ltd.1,2 | 2,146,087 | 24,380 | |
NVR, Inc.1 | 5,298 | 21,124 | |
YUM! Brands, Inc. | 196,630 | 20,910 | |
VF Corp. | 555,000 | 16,600 | |
2,723,927 | |||
Financials 8.78% | |||
JPMorgan Chase & Co. | 2,711,830 | 283,386 | |
Chubb, Ltd. | 1,451,726 | 264,040 | |
Marsh & McLennan Companies, Inc. | 1,709,201 | 255,167 | |
Arthur J. Gallagher & Co. | 1,189,650 | 203,692 | |
Nasdaq, Inc. | 2,761,260 | 156,508 | |
PNC Financial Services Group, Inc. | 966,314 | 144,387 | |
Morgan Stanley | 1,592,297 | 125,807 | |
Aon PLC, Class A | 442,013 | 118,402 | |
BlackRock, Inc. | 202,957 | 111,683 | |
B3 SA-Brasil, Bolsa, Balcao | 39,829,500 | 96,355 | |
Signature Bank | 529,521 | 79,958 | |
Webster Financial Corp. | 1,701,139 | 76,892 | |
Berkshire Hathaway, Inc., Class B1 | 285,000 | 76,101 | |
S&P Global, Inc. | 228,138 | 69,662 | |
State Street Corp. | 1,077,260 | 65,508 | |
Charles Schwab Corp. | 879,000 | 63,174 | |
American International Group, Inc. | 1,272,230 | 60,405 | |
Moody’s Corp. | 216,306 | 52,586 | |
Wells Fargo & Company | 1,298,041 | 52,207 | |
Power Corporation of Canada, subordinate voting shares2 | 2,293,100 | 51,677 | |
Blue Owl Capital, Inc., Class A | 4,749,165 | 43,835 | |
MSCI, Inc. | 98,300 | 41,462 |
Common stocks (continued) Financials (continued) | Shares | Value (000) | |
TPG, Inc., Class A2 | 1,347,552 | $37,516 | |
SVB Financial Group1 | 110,900 | 37,238 | |
LPL Financial Holdings, Inc. | 169,900 | 37,120 | |
Western Alliance Bancorporation | 486,936 | 32,011 | |
Citizens Financial Group, Inc. | 728,750 | 25,040 | |
Bank of America Corp. | 791,332 | 23,898 | |
CME Group, Inc., Class A | 5,500 | 974 | |
2,686,691 | |||
Communication services 8.55% | |||
Alphabet, Inc., Class C1 | 6,174,740 | 593,701 | |
Alphabet, Inc., Class A1 | 5,373,778 | 514,002 | |
Meta Platforms, Inc., Class A1 | 3,150,339 | 427,438 | |
Netflix, Inc.1 | 1,665,523 | 392,131 | |
Comcast Corp., Class A | 11,970,266 | 351,088 | |
Charter Communications, Inc., Class A1 | 429,912 | 130,414 | |
Electronic Arts, Inc. | 1,093,600 | 126,540 | |
Tencent Holdings, Ltd. | 1,782,100 | 60,185 | |
Take-Two Interactive Software, Inc.1 | 178,984 | 19,509 | |
2,615,008 | |||
Consumer staples 5.10% | |||
Philip Morris International, Inc. | 6,790,089 | 563,645 | |
British American Tobacco PLC | 9,433,859 | 337,349 | |
Keurig Dr Pepper, Inc. | 5,314,367 | 190,361 | |
General Mills, Inc. | 1,378,800 | 105,630 | |
Molson Coors Beverage Co., Class B, restricted voting shares | 1,620,313 | 77,759 | |
Mondelez International, Inc. | 1,332,847 | 73,080 | |
Anheuser-Busch InBev SA/NV | 1,339,531 | 60,598 | |
Bunge, Ltd. | 538,852 | 44,493 | |
Archer Daniels Midland Company | 540,100 | 43,451 | |
Procter & Gamble Company | 180,677 | 22,810 | |
Constellation Brands, Inc., Class A | 91,971 | 21,124 | |
Kraft Heinz Company | 567,200 | 18,916 | |
1,559,216 | |||
Energy 4.63% | |||
Chevron Corp. | 2,053,300 | 294,997 | |
ConocoPhillips | 2,749,013 | 281,334 | |
Canadian Natural Resources, Ltd. (CAD denominated) | 5,452,100 | 253,788 | |
EOG Resources, Inc. | 1,346,800 | 150,478 | |
Baker Hughes Co., Class A | 7,154,624 | 149,961 | |
Equitrans Midstream Corp. | 10,215,807 | 76,414 | |
TC Energy Corp. (CAD denominated) | 1,821,019 | 73,350 | |
Exxon Mobil Corp. | 660,220 | 57,644 | |
Suncor Energy, Inc. | 1,451,133 | 40,865 | |
Halliburton Company | 1,563,200 | 38,486 | |
1,417,317 | |||
Utilities 3.76% | |||
PG&E Corp.1 | 24,316,996 | 303,962 | |
Edison International | 3,089,330 | 174,794 | |
Entergy Corp. | 1,304,500 | 131,272 | |
Constellation Energy Corp. | 1,414,838 | 117,700 | |
CenterPoint Energy, Inc. | 2,840,104 | 80,034 |
Common stocks (continued) Utilities (continued) | Shares | Value (000) | |
Sempra Energy | 510,000 | $76,469 | |
AES Corp. | 2,803,707 | 63,364 | |
Enel SpA | 12,931,498 | 52,994 | |
DTE Energy Company | 401,000 | 46,135 | |
CMS Energy Corp. | 729,800 | 42,504 | |
NextEra Energy, Inc. | 460,000 | 36,069 | |
Evergy, Inc. | 418,980 | 24,887 | |
1,150,184 | |||
Materials 2.80% | |||
Linde PLC | 1,000,332 | 269,679 | |
LyondellBasell Industries NV | 1,735,980 | 130,685 | |
Vale SA (ADR), ordinary nominative shares | 5,459,475 | 72,720 | |
Vale SA, ordinary nominative shares | 3,404,848 | 45,471 | |
Albemarle Corp. | 333,004 | 88,060 | |
Freeport-McMoRan, Inc. | 2,382,960 | 65,126 | |
Corteva, Inc. | 908,750 | 51,935 | |
ATI, Inc.1 | 1,769,447 | 47,085 | |
Barrick Gold Corp. | 2,373,000 | 36,781 | |
Nutrien, Ltd. (CAD denominated) | 323,717 | 26,997 | |
Sherwin-Williams Company | 101,038 | 20,688 | |
855,227 | |||
Real estate 1.94% | |||
VICI Properties, Inc. REIT | 9,447,078 | 281,996 | |
Equinix, Inc. REIT | 298,158 | 169,604 | |
Crown Castle, Inc. REIT | 864,782 | 125,004 | |
Digital Realty Trust, Inc. REIT | 160,000 | 15,869 | |
592,473 | |||
Total common stocks (cost: $20,672,845,000) | 27,800,542 | ||
Convertible stocks 0.86% Health care 0.55% | |||
Danaher Corp., Series B, cumulative convertible preferred shares, 5.00% 20232 | 123,957 | 167,031 | |
Consumer discretionary 0.12% | |||
Aptiv PLC, Series A, convertible preferred shares, 5.50% 2023 | 379,775 | 36,155 | |
Financials 0.09% | |||
KKR & Co., Inc., Series C, convertible preferred shares, 6.00% 2023 | 527,700 | 28,717 | |
Utilities 0.09% | |||
NextEra Energy, Inc., noncumulative convertible preferred units, 6.926% 2025 | 617,200 | 28,391 | |
Industrials 0.01% | |||
Stanley Black & Decker, Inc., convertible preferred shares, 5.25% 2022 | 35,448 | 1,748 | |
Total convertible stocks (cost: $287,095,000) | 262,042 |
Bonds, notes & other debt instruments 0.02% Corporate bonds, notes & loans 0.02% Industrials 0.02% | Principal amount (000) | Value (000) | |
Boeing Company 4.875% 2025 | USD4,706 | $4,597 | |
Consumer discretionary 0.00% | |||
General Motors Financial Co. 4.30% 2025 | 160 | 153 | |
General Motors Financial Co. 5.25% 2026 | 827 | 806 | |
959 | |||
Energy 0.00% | |||
Weatherford International, Ltd. 11.00% 20243 | 531 | 541 | |
Total corporate bonds, notes & loans | 6,097 | ||
Total bonds, notes & other debt instruments (cost: $6,126,000) | 6,097 | ||
Short-term securities 8.44% Money market investments 7.89% | Shares | ||
Capital Group Central Cash Fund 2.81%4,5 | 24,129,349 | 2,412,693 | |
Money market investments purchased with collateral from securities on loan 0.55% | |||
Capital Group Central Cash Fund 2.81%4,5,6 | 935,284 | 93,519 | |
Goldman Sachs Financial Square Government Fund, Institutional Shares 2.93%4,6 | 14,989,690 | 14,989 | |
BlackRock Liquidity Funds – FedFund, Institutional Shares 2.76%4,6 | 14,962,747 | 14,963 | |
Invesco Short-Term Investments Trust – Government & Agency Portfolio, Institutional Class 2.88%4,6 | 14,962,747 | 14,963 | |
Morgan Stanley Institutional Liquidity Funds – Government Portfolio, Institutional Class 2.80%4,6 | 14,962,747 | 14,963 | |
State Street Institutional U.S. Government Money Market Fund, Institutional Class 2.91%4,6 | 14,962,747 | 14,963 | |
168,360 | |||
Total short-term securities (cost: $2,580,742,000) | 2,581,053 | ||
Total investment securities 100.22% (cost: $23,546,808,000) | 30,649,734 | ||
Other assets less liabilities (0.22)% | (66,407) | ||
Net assets 100.00% | $30,583,327 |
Value of affiliates at 1/1/2022 (000) | Additions (000) | Reductions (000) | Net realized loss (000) | Net unrealized appreciation (000) | Value of affiliates at 9/30/2022 (000) | Dividend income (000) | ||||
Short-term securities 8.19% | ||||||||||
Money market investments 7.89% | ||||||||||
Capital Group Central Cash Fund 2.81%4 | $1,220,761 | $4,860,336 | $3,668,224 | $(295) | $115 | $2,412,693 | $17,468 | |||
Money market investments purchased with collateral from securities on loan 0.30% | ||||||||||
Capital Group Central Cash Fund 2.81%4,6 | 39,148 | 54,3717 | 93,519 | —8 | ||||||
Total 8.19% | $(295) | $115 | $2,506,212 | $17,468 |
1 | Security did not produce income during the last 12 months. |
2 | All or a portion of this security was on loan. The total value of all such securities was $193,069,000, which represented .63% of the net assets of the fund. |
3 | Acquired in a transaction exempt from registration under Rule 144A of the Securities Act of 1933. May be resold in the U.S. in transactions exempt from registration, normally to qualified institutional buyers. The total value of all such securities was $541,000, which represented less than .01% of the net assets of the fund. |
4 | Rate represents the seven-day yield at 9/30/2022. |
5 | Part of the same “group of investment companies“ as the fund as defined under the Investment Company Act of 1940, as amended. |
6 | Security purchased with cash collateral from securities on loan. |
7 | Represents net activity. |
8 | Dividend income is included with securities lending income and is not shown in this table. |
Key to abbreviations |
ADR = American Depositary Receipts |
CAD = Canadian dollars |
REIT = Real Estate Investment Trust |
USD = U.S. dollars |
Common stocks 89.91% Financials 15.03% | Shares | Value (000) | |
AIA Group, Ltd. | 345,400 | $2,868 | |
Ping An Insurance (Group) Company of China, Ltd., Class H | 557,000 | 2,770 | |
AXA SA | 117,557 | 2,574 | |
Zurich Insurance Group AG | 5,353 | 2,128 | |
Toronto-Dominion Bank (CAD denominated) | 32,205 | 1,975 | |
HDFC Bank, Ltd. | 95,273 | 1,651 | |
UniCredit SpA | 160,613 | 1,624 | |
Tokio Marine Holdings, Inc. | 80,100 | 1,424 | |
Société Générale | 69,722 | 1,383 | |
Euronext NV | 20,007 | 1,266 | |
Resona Holdings, Inc. | 345,600 | 1,262 | |
DNB Bank ASA | 78,454 | 1,242 | |
B3 SA-Brasil, Bolsa, Balcao | 502,614 | 1,216 | |
Aon PLC, Class A | 4,240 | 1,136 | |
Industrial and Commercial Bank of China, Ltd., Class H | 2,293,040 | 1,070 | |
London Stock Exchange Group PLC | 12,472 | 1,052 | |
Hang Seng Bank, Ltd. | 65,500 | 990 | |
Banco Bilbao Vizcaya Argentaria, SA | 209,994 | 943 | |
Hong Kong Exchanges and Clearing, Ltd. | 26,000 | 883 | |
Kotak Mahindra Bank, Ltd. | 38,652 | 855 | |
UBS Group AG | 53,525 | 773 | |
Banco Santander, SA | 301,287 | 700 | |
DBS Group Holdings, Ltd. | 25,095 | 580 | |
Postal Savings Bank of China Co., Ltd., Class H | 988,000 | 578 | |
XP, Inc., Class A1 | 29,924 | 569 | |
Prudential PLC | 55,499 | 545 | |
Brookfield Asset Management, Inc., Class A (CAD denominated) | 13,319 | 545 | |
Fairfax Financial Holdings, Ltd., subordinate voting shares | 1,169 | 534 | |
HDFC Life Insurance Company, Ltd. | 80,417 | 523 | |
Discovery, Ltd.1 | 74,430 | 430 | |
China Merchants Bank Co., Ltd., Class H | 92,000 | 426 | |
Islandsbanki hf. | 466,167 | 392 | |
ICICI Bank, Ltd. (ADR) | 17,697 | 371 | |
Banca Generali SpA | 13,383 | 370 | |
Bank Leumi le-Israel B.M. | 43,299 | 369 | |
Partners Group Holding AG | 403 | 324 | |
Skandinaviska Enskilda Banken AB, Class A | 32,490 | 308 | |
ICICI Securities, Ltd. | 45,682 | 291 | |
EQT AB | 11,659 | 224 | |
ING Groep NV | 23,039 | 198 | |
Bank of Nova Scotia (CAD denominated) | 3,500 | 166 | |
Sberbank of Russia PJSC1,2,3 | 476,388 | —4 | |
Moscow Exchange MICEX-RTS PJSC1,2 | 346,177 | —4 | |
39,528 |
Common stocks (continued) Consumer staples 12.19% | Shares | Value (000) | |
British American Tobacco PLC | 215,155 | $7,694 | |
Philip Morris International, Inc. | 56,354 | 4,678 | |
Nestlé SA | 32,296 | 3,497 | |
Kweichow Moutai Co., Ltd., Class A | 10,500 | 2,762 | |
Anheuser-Busch InBev SA/NV | 40,116 | 1,815 | |
Carlsberg A/S, Class B | 13,488 | 1,574 | |
Imperial Brands PLC | 67,117 | 1,385 | |
Pernod Ricard SA | 6,140 | 1,122 | |
Japan Tobacco, Inc. | 55,800 | 916 | |
Foshan Haitian Flavouring and Food Co., Ltd., Class A | 75,854 | 882 | |
Asahi Group Holdings, Ltd. | 27,200 | 844 | |
Arca Continental, SAB de CV | 108,031 | 778 | |
Wuliangye Yibin Co., Ltd., Class A | 32,100 | 762 | |
Carrefour SA, non-registered shares | 47,193 | 654 | |
Associated British Foods PLC | 39,709 | 553 | |
Varun Beverages, Ltd. | 42,575 | 545 | |
Ocado Group PLC1 | 78,658 | 408 | |
L’Oréal SA, non-registered shares | 1,160 | 369 | |
Reckitt Benckiser Group PLC | 4,805 | 317 | |
Danone SA | 4,142 | 195 | |
Haleon PLC1 | 60,392 | 187 | |
Avenue Supermarts, Ltd.1 | 2,324 | 125 | |
X5 Retail Group NV (GDR)2 | 4,521 | —4 | |
32,062 | |||
Consumer discretionary 10.57% | |||
Evolution AB | 43,509 | 3,426 | |
LVMH Moët Hennessy-Louis Vuitton SE | 5,752 | 3,381 | |
Renault SA1 | 74,088 | 1,990 | |
Restaurant Brands International, Inc. (CAD denominated) | 25,821 | 1,373 | |
MGM China Holdings, Ltd.1 | 2,267,200 | 1,244 | |
InterContinental Hotels Group PLC | 25,070 | 1,203 | |
Galaxy Entertainment Group, Ltd. | 180,000 | 1,051 | |
Prosus NV, Class N | 19,060 | 993 | |
Li Ning Co., Ltd. | 120,000 | 912 | |
Stellantis NV | 74,419 | 879 | |
Sodexo SA | 11,491 | 864 | |
Wynn Macau, Ltd.1,5 | 1,316,400 | 842 | |
OPAP SA | 66,419 | 798 | |
adidas AG | 6,571 | 763 | |
Midea Group Co., Ltd., Class A | 108,100 | 751 | |
B&M European Value Retail SA | 203,086 | 690 | |
Sands China, Ltd.1 | 274,000 | 678 | |
Paltac Corp. | 21,500 | 663 | |
Nitori Holdings Co., Ltd. | 7,500 | 628 | |
EssilorLuxottica | 4,385 | 594 | |
Industria de Diseño Textil, SA | 28,694 | 593 | |
Valeo SA, non-registered shares | 39,099 | 588 | |
Coupang, Inc., Class A1 | 31,055 | 518 | |
Americanas SA, ordinary nominative shares | 149,913 | 472 | |
Entain PLC | 33,218 | 399 | |
D’Ieteren Group | 2,368 | 332 | |
JD.com, Inc., Class A | 9,324 | 235 | |
IDP Education, Ltd.5 | 13,164 | 220 | |
Games Workshop Group PLC | 2,479 | 159 |
Common stocks (continued) Consumer discretionary (continued) | Shares | Value (000) | |
Pan Pacific International Holdings Corp. | 9,000 | $158 | |
Kering SA | 287 | 127 | |
Dixon Technologies (India) Ltd. | 1,902 | 102 | |
Balkrishna Industries, Ltd. | 3,940 | 90 | |
MercadoLibre, Inc.1 | 88 | 73 | |
27,789 | |||
Industrials 10.49% | |||
Airbus SE, non-registered shares | 50,637 | 4,375 | |
BAE Systems PLC | 453,303 | 3,983 | |
CCR SA, ordinary nominative shares | 660,783 | 1,535 | |
ABB, Ltd. | 49,793 | 1,282 | |
SMC Corp. | 3,100 | 1,250 | |
RELX PLC | 45,787 | 1,118 | |
Rheinmetall AG | 7,197 | 1,115 | |
Alliance Global Group, Inc. | 7,671,200 | 1,077 | |
LIXIL Corp. | 69,500 | 1,007 | |
Daikin Industries, Ltd. | 5,700 | 881 | |
Cathay Pacific Airways, Ltd.1,5 | 776,000 | 813 | |
Brenntag SE | 12,957 | 791 | |
Ryanair Holdings PLC (ADR)1 | 13,311 | 778 | |
Husqvarna AB, Class B | 135,519 | 747 | |
Waste Connections, Inc. (CAD denominated) | 5,192 | 701 | |
Safran SA | 7,531 | 685 | |
InPost SA1 | 96,719 | 565 | |
TFI International, Inc. (CAD denominated) | 5,833 | 528 | |
Experian PLC | 17,224 | 505 | |
Bunzl PLC | 15,343 | 467 | |
Epiroc AB, Class A | 19,169 | 274 | |
Epiroc AB, Class B | 10,197 | 128 | |
Coor Service Management Holding AB | 57,721 | 392 | |
BELIMO Holding AG | 1,068 | 391 | |
Caterpillar, Inc. | 2,260 | 371 | |
Interpump Group SpA | 9,158 | 296 | |
Deutsche Post AG | 9,640 | 293 | |
Adecco Group AG | 10,191 | 280 | |
Siemens AG | 2,589 | 256 | |
DSV A/S | 2,088 | 242 | |
Wizz Air Holdings PLC1 | 9,714 | 171 | |
SITC International Holdings Co., Ltd. | 79,659 | 146 | |
Hitachi, Ltd. | 2,400 | 101 | |
Polycab India, Ltd. | 1,093 | 34 | |
27,578 | |||
Information technology 10.32% | |||
Taiwan Semiconductor Manufacturing Company, Ltd. | 543,000 | 7,137 | |
ASML Holding NV | 9,805 | 4,067 | |
Edenred SA | 50,178 | 2,306 | |
Tokyo Electron, Ltd. | 8,300 | 2,055 | |
Broadcom, Inc. | 3,628 | 1,611 | |
Samsung Electronics Co., Ltd. | 40,884 | 1,502 | |
MediaTek, Inc. | 83,000 | 1,445 | |
SAP SE | 12,956 | 1,068 | |
Keyence Corp. | 2,700 | 896 | |
Nokia Corp. | 182,691 | 780 |
Common stocks (continued) Information technology (continued) | Shares | Value (000) | |
TDK Corp. | 25,100 | $762 | |
Logitech International SA5 | 14,144 | 646 | |
Kingdee International Software Group Co., Ltd.1 | 436,000 | 564 | |
ASM International NV | 1,784 | 399 | |
Vanguard International Semiconductor Corp. | 181,000 | 366 | |
Capgemini SE | 1,725 | 276 | |
Halma PLC | 12,178 | 274 | |
Infosys, Ltd. (ADR) | 13,638 | 231 | |
Amadeus IT Group SA, Class A, non-registered shares1 | 4,613 | 214 | |
Nice, Ltd. (ADR)1 | 946 | 178 | |
Nomura Research Institute, Ltd. | 5,300 | 130 | |
Fujitsu, Ltd. | 1,000 | 108 | |
eMemory Technology, Inc. | 3,000 | 106 | |
27,121 | |||
Health care 9.07% | |||
AstraZeneca PLC | 75,685 | 8,323 | |
Novo Nordisk A/S, Class B | 44,187 | 4,404 | |
Sanofi | 28,178 | 2,150 | |
GSK PLC | 103,927 | 1,516 | |
Siemens Healthineers AG | 34,066 | 1,476 | |
Bayer AG | 27,193 | 1,255 | |
EUROAPI1 | 38,541 | 642 | |
Genus PLC | 20,816 | 601 | |
Grifols, SA, Class B (ADR)1 | 88,377 | 544 | |
Shionogi & Co., Ltd. | 11,200 | 542 | |
Lonza Group AG | 925 | 450 | |
Roche Holding AG, nonvoting non-registered shares | 1,183 | 386 | |
Novartis AG | 4,335 | 330 | |
Koninklijke Philips NV (EUR denominated) | 21,031 | 325 | |
Hypera SA, ordinary nominative shares | 27,468 | 225 | |
BeiGene, Ltd. (ADR)1 | 1,332 | 179 | |
Hutchmed China, Ltd. (ADR)1 | 17,569 | 156 | |
CanSino Biologics, Inc., Class H5 | 26,400 | 148 | |
Sonova Holding AG | 553 | 122 | |
Innovent Biologics, Inc.1 | 27,500 | 86 | |
23,860 | |||
Energy 6.92% | |||
TotalEnergies SE | 66,817 | 3,145 | |
BP PLC | 632,333 | 3,007 | |
Equinor ASA | 57,101 | 1,883 | |
TC Energy Corp. (CAD denominated) | 41,336 | 1,665 | |
TechnipFMC PLC1 | 183,824 | 1,555 | |
Aker BP ASA | 53,460 | 1,533 | |
Cameco Corp. | 51,926 | 1,378 | |
Canadian Natural Resources, Ltd. (CAD denominated) | 28,025 | 1,305 | |
Schlumberger, Ltd. | 29,756 | 1,068 | |
Tourmaline Oil Corp. | 14,536 | 756 | |
Reliance Industries, Ltd. | 18,968 | 549 | |
INPEX Corp. | 23,700 | 222 | |
Var Energi ASA | 42,709 | 139 | |
Gazprom PJSC2,3 | 671,150 | —4 |
Common stocks (continued) Energy (continued) | Shares | Value (000) | |
Sovcomflot PAO1,2 | 356,717 | $—4 | |
LUKOIL Oil Co. PJSC1,2,3 | 9,706 | —4 | |
18,205 | |||
Communication services 5.25% | |||
Koninklijke KPN NV | 790,321 | 2,141 | |
Tencent Holdings, Ltd. | 59,400 | 2,006 | |
Nippon Telegraph and Telephone Corp. | 58,600 | 1,581 | |
Telefónica, SA, non-registered shares1 | 393,702 | 1,298 | |
Vodafone Group PLC | 1,045,268 | 1,177 | |
BT Group PLC | 848,896 | 1,148 | |
Publicis Groupe SA | 19,295 | 913 | |
SoftBank Corp. | 75,200 | 752 | |
América Móvil, SAB de CV, Series L (ADR) | 40,380 | 665 | |
Indus Towers, Ltd. | 242,743 | 588 | |
Deutsche Telekom AG | 28,506 | 489 | |
Viaplay Group AB, Class B1 | 20,154 | 394 | |
Sea, Ltd., Class A (ADR)1 | 5,621 | 315 | |
Universal Music Group NV | 9,437 | 178 | |
NetEase, Inc. | 10,800 | 164 | |
Yandex NV, Class A1,2 | 5,000 | —4 | |
13,809 | |||
Materials 5.09% | |||
Vale SA, ordinary nominative shares | 196,473 | 2,624 | |
Vale SA (ADR), ordinary nominative shares | 106,545 | 1,419 | |
Linde PLC | 7,449 | 2,008 | |
Barrick Gold Corp. | 51,370 | 796 | |
Barrick Gold Corp. (CAD denominated) | 29,801 | 462 | |
Glencore PLC | 211,476 | 1,117 | |
Koninklijke DSM NV | 8,177 | 927 | |
Sociedad Química y Minera de Chile SA, Class B (ADR) | 7,581 | 688 | |
Asahi Kasei Corp. | 98,400 | 651 | |
Rio Tinto PLC | 10,464 | 567 | |
Air Liquide SA, non-registered shares | 4,826 | 549 | |
Fortescue Metals Group, Ltd. | 42,173 | 452 | |
Fresnillo PLC | 41,735 | 357 | |
Sika AG | 1,208 | 242 | |
Shin-Etsu Chemical Co., Ltd. | 1,900 | 189 | |
Shandong Sinocera Functional Material Co., Ltd., Class A | 41,300 | 168 | |
Givaudan SA | 52 | 157 | |
Alrosa PJSC2 | 53,607 | —4 | |
13,373 | |||
Utilities 2.89% | |||
Engie SA | 189,577 | 2,175 | |
Brookfield Infrastructure Partners, LP | 55,442 | 1,989 | |
Enel SpA | 391,021 | 1,602 | |
ENN Energy Holdings, Ltd. | 107,300 | 1,428 | |
Iberdrola, SA, non-registered shares | 38,710 | 360 | |
Guangdong Investment, Ltd. | 40,000 | 32 | |
7,586 |
Common stocks (continued) Real estate 2.09% | Shares | Value (000) | |
CK Asset Holdings, Ltd. | 323,000 | $1,938 | |
Longfor Group Holdings, Ltd. | 435,000 | 1,233 | |
Embassy Office Parks REIT | 182,141 | 773 | |
Link REIT | 103,300 | 721 | |
Unibail-Rodamco-Westfield REIT, non-registered shares1 | 10,561 | 434 | |
TAG Immobilien AG | 48,129 | 388 | |
5,487 | |||
Total common stocks (cost: $286,066,000) | 236,398 | ||
Preferred securities 0.43% Materials 0.19% | |||
Gerdau SA, preferred nominative shares | 113,023 | 512 | |
Consumer discretionary 0.16% | |||
Volkswagen AG, nonvoting preferred shares | 3,468 | 429 | |
Information technology 0.08% | |||
Samsung Electronics Co., Ltd., nonvoting preferred shares | 6,216 | 202 | |
Total preferred securities (cost: $1,636,000) | 1,143 | ||
Short-term securities 9.37% Money market investments 9.13% | |||
Capital Group Central Cash Fund 2.81%6,7 | 240,061 | 24,004 | |
Money market investments purchased with collateral from securities on loan 0.24% | |||
Capital Group Central Cash Fund 2.81%6,7,8 | 3,504 | 351 | |
BlackRock Liquidity Funds – FedFund, Institutional Shares 2.76%6,8 | 56,055 | 56 | |
Goldman Sachs Financial Square Government Fund, Institutional Shares 2.93%6,8 | 56,155 | 56 | |
Invesco Short-Term Investments Trust – Government & Agency Portfolio, Institutional Class 2.88%6,8 | 56,054 | 56 | |
Morgan Stanley Institutional Liquidity Funds – Government Portfolio, Institutional Class 2.80%6,8 | 56,054 | 56 | |
State Street Institutional U.S. Government Money Market Fund, Institutional Class 2.91%6,8 | 56,054 | 56 | |
631 | |||
Total short-term securities (cost: $24,630,000) | 24,635 | ||
Total investment securities 99.71% (cost: $312,332,000) | 262,176 | ||
Other assets less liabilities 0.29% | 765 | ||
Net assets 100.00% | $262,941 |
Contract amount | Counterparty | Settlement date | Unrealized appreciation at 9/30/2022 (000) | |||
Currency purchased (000) | Currency sold (000) | |||||
USD | 753 | GBP | 660 | Goldman Sachs | 10/17/2022 | $16 |
USD | 423 | GBP | 365 | JPMorgan Chase | 10/17/2022 | 15 |
$31 |
Value of affiliates at 1/1/2022 (000) | Additions (000) | Reductions (000) | Net realized loss (000) | Net unrealized appreciation (000) | Value of affiliates at 9/30/2022 (000) | Dividend income (000) | ||||
Short-term securities 9.26% | ||||||||||
Money market investments 9.13% | ||||||||||
Capital Group Central Cash Fund 2.81%6 | $21,699 | $67,108 | $64,798 | $(5) | $—4 | $24,004 | $183 | |||
Money market investments purchased with collateral from securities on loan 0.13% | ||||||||||
Capital Group Central Cash Fund 2.81%6,8 | — | 3519 | 351 | —10 | ||||||
Total 9.26% | $(5) | $— | $24,355 | $183 |
Acquisition date(s) | Cost (000) | Value (000) | Percent of net assets | |||
Sberbank of Russia PJSC1,2 | 6/14/2022 | $1,203 | $—4 | .00% | ||
Gazprom PJSC2 | 7/19/2022 | 3,074 | —4 | .00 | ||
LUKOIL Oil Co. PJSC1,2 | 7/13/2022-9/16/2022 | 872 | —4 | .00 | ||
Total | $5,149 | $—4 | .00% |
1 | Security did not produce income during the last 12 months. |
2 | Value determined using significant unobservable inputs. |
3 | Restricted security, other than Rule 144A, subject to legal or contractual restrictions on resale. The total value of all such restricted securities was less than $1,000, which represented less than 0.01% of the net assets of the fund. |
4 | Amount less than one thousand. |
5 | All or a portion of this security was on loan. The total value of all such securities was $1,285,000, which represented .49% of the net assets of the fund. |
6 | Rate represents the seven-day yield at 9/30/2022. |
7 | Part of the same “group of investment companies“ as the fund as defined under the Investment Company Act of 1940, as amended. |
8 | Security purchased with cash collateral from securities on loan. |
9 | Represents net activity. |
10 | Dividend income is included with securities lending income and is not shown in this table. |
Key to abbreviations |
ADR = American Depositary Receipts |
CAD = Canadian dollars |
EUR = Euros |
GBP = British pounds |
GDR = Global Depositary Receipts |
REIT = Real Estate Investment Trust |
USD = U.S. dollars |
Common stocks 71.08% Financials 12.85% | Shares | Value (000) | |
Zurich Insurance Group AG | 39,791 | $15,818 | |
Toronto-Dominion Bank (CAD denominated) | 159,862 | 9,805 | |
CME Group, Inc., Class A | 46,175 | 8,179 | |
PNC Financial Services Group, Inc. | 53,108 | 7,935 | |
Morgan Stanley | 88,286 | 6,975 | |
DBS Group Holdings, Ltd. | 300,006 | 6,936 | |
Münchener Rückversicherungs-Gesellschaft AG | 23,813 | 5,760 | |
JPMorgan Chase & Co. | 53,817 | 5,624 | |
DNB Bank ASA | 301,733 | 4,777 | |
Power Corporation of Canada, subordinate voting shares | 184,971 | 4,168 | |
BlackRock, Inc. | 5,848 | 3,218 | |
Principal Financial Group, Inc. | 42,620 | 3,075 | |
Webster Financial Corp. | 65,763 | 2,972 | |
Tryg A/S | 138,234 | 2,841 | |
Blackstone, Inc., nonvoting shares | 33,387 | 2,794 | |
American International Group, Inc. | 55,598 | 2,640 | |
B3 SA-Brasil, Bolsa, Balcao | 1,074,313 | 2,599 | |
Ping An Insurance (Group) Company of China, Ltd., Class H | 457,500 | 2,275 | |
Ping An Insurance (Group) Company of China, Ltd., Class A | 36,057 | 210 | |
KBC Groep NV | 45,573 | 2,138 | |
AIA Group, Ltd. | 250,000 | 2,076 | |
East West Bancorp, Inc. | 29,501 | 1,981 | |
Travelers Companies, Inc. | 11,182 | 1,713 | |
Kaspi.kz JSC1 | 22,264 | 1,281 | |
Kaspi.kz JSC (GDR) | 4,869 | 280 | |
State Street Corp. | 25,515 | 1,552 | |
China Pacific Insurance (Group) Co., Ltd., Class H | 809,950 | 1,485 | |
National Bank of Canada2 | 22,809 | 1,430 | |
Citizens Financial Group, Inc. | 41,457 | 1,424 | |
ING Groep NV | 157,320 | 1,349 | |
KeyCorp | 74,840 | 1,199 | |
Swedbank AB, Class A | 88,691 | 1,160 | |
Wells Fargo & Company | 28,797 | 1,158 | |
OneMain Holdings, Inc. | 37,485 | 1,107 | |
Truist Financial Corp. | 23,131 | 1,007 | |
EFG International AG | 117,970 | 932 | |
Franklin Resources, Inc. | 42,738 | 920 | |
Corebridge Financial, Inc.2 | 44,617 | 878 | |
Bank Central Asia Tbk PT | 1,423,700 | 795 | |
Hang Seng Bank, Ltd. | 52,200 | 789 | |
BNP Paribas SA | 17,927 | 757 | |
Great-West Lifeco, Inc. | 34,966 | 755 | |
TPG, Inc., Class A2 | 26,945 | 750 | |
Euronext NV | 11,304 | 715 | |
Citigroup, Inc. | 16,200 | 675 | |
Hong Kong Exchanges and Clearing, Ltd. | 18,300 | 621 |
Common stocks (continued) Financials (continued) | Shares | Value (000) | |
Patria Investments, Ltd., Class A | 46,633 | $609 | |
Banco Santander, SA | 201,758 | 469 | |
Cullen/Frost Bankers, Inc. | 3,514 | 465 | |
Vontobel Holding AG | 8,314 | 446 | |
China Merchants Bank Co., Ltd., Class H | 94,500 | 437 | |
Macquarie Group, Ltd. | 3,979 | 386 | |
IIFL Wealth Management, Ltd. | 8,122 | 183 | |
SouthState Corp. | 2,202 | 174 | |
UniCredit SpA | 12,643 | 128 | |
Moscow Exchange MICEX-RTS PJSC3,4 | 875,002 | —5 | |
Sberbank of Russia PJSC3,4,6 | 204,176 | —5 | |
132,825 | |||
Consumer staples 10.08% | |||
Philip Morris International, Inc. | 258,107 | 21,426 | |
British American Tobacco PLC | 464,782 | 16,620 | |
Nestlé SA | 89,420 | 9,682 | |
General Mills, Inc. | 112,776 | 8,640 | |
PepsiCo, Inc. | 48,820 | 7,970 | |
Altria Group, Inc. | 165,624 | 6,688 | |
Kimberly-Clark Corp. | 43,146 | 4,856 | |
ITC, Ltd. | 1,164,406 | 4,729 | |
Imperial Brands PLC | 207,379 | 4,279 | |
Unilever PLC (GBP denominated) | 74,612 | 3,283 | |
Carlsberg A/S, Class B | 19,656 | 2,294 | |
Danone SA | 48,454 | 2,283 | |
Keurig Dr Pepper, Inc. | 57,431 | 2,057 | |
Anheuser-Busch InBev SA/NV | 37,488 | 1,696 | |
Coca-Cola Company | 22,073 | 1,237 | |
Kraft Heinz Company | 32,392 | 1,080 | |
Procter & Gamble Company | 6,587 | 832 | |
Mondelez International, Inc. | 14,725 | 807 | |
Seven & i Holdings Co., Ltd. | 19,700 | 791 | |
Vector Group, Ltd. | 73,463 | 647 | |
Viscofan, SA, non-registered shares | 9,124 | 498 | |
Reckitt Benckiser Group PLC | 6,554 | 433 | |
Wuliangye Yibin Co., Ltd., Class A | 17,100 | 406 | |
Scandinavian Tobacco Group A/S | 21,667 | 313 | |
Hilton Food Group PLC | 33,354 | 198 | |
Kimberly-Clark de México, SAB de CV, ordinary participation certificates, Class A | 136,106 | 182 | |
Coca-Cola HBC AG (CDI) | 8,418 | 177 | |
Haleon PLC4 | 35,370 | 110 | |
104,214 | |||
Health care 8.79% | |||
AbbVie, Inc. | 171,659 | 23,037 | |
Amgen, Inc. | 53,090 | 11,967 | |
Gilead Sciences, Inc. | 155,670 | 9,603 | |
Medtronic PLC | 80,786 | 6,523 | |
Abbott Laboratories | 66,951 | 6,478 | |
AstraZeneca PLC | 54,869 | 6,034 | |
Novartis AG | 74,581 | 5,686 | |
Bristol-Myers Squibb Company | 73,688 | 5,239 | |
Pfizer, Inc. | 88,689 | 3,881 | |
Roche Holding AG, nonvoting non-registered shares | 9,975 | 3,252 |
Common stocks (continued) Health care (continued) | Shares | Value (000) | |
UnitedHealth Group, Inc. | 5,461 | $2,758 | |
GSK PLC | 137,193 | 2,001 | |
Royalty Pharma PLC, Class A | 42,309 | 1,700 | |
CVS Health Corp. | 7,829 | 747 | |
Merck & Co., Inc. | 7,825 | 674 | |
EBOS Group, Ltd. | 29,378 | 616 | |
Bayer AG | 12,564 | 580 | |
Koninklijke Philips NV (EUR denominated) | 2,878 | 44 | |
Organon & Co. | 662 | 16 | |
90,836 | |||
Information technology 7.44% | |||
Broadcom, Inc. | 66,691 | 29,611 | |
Microsoft Corp. | 70,682 | 16,462 | |
Taiwan Semiconductor Manufacturing Company, Ltd. | 635,800 | 8,357 | |
Automatic Data Processing, Inc. | 16,392 | 3,708 | |
Texas Instruments, Inc. | 13,384 | 2,072 | |
KLA Corp. | 6,485 | 1,962 | |
Paychex, Inc. | 16,988 | 1,906 | |
Apple, Inc. | 13,148 | 1,817 | |
NetApp, Inc. | 20,711 | 1,281 | |
Vanguard International Semiconductor Corp. | 618,700 | 1,251 | |
QUALCOMM, Inc. | 11,066 | 1,250 | |
GlobalWafers Co., Ltd. | 105,938 | 1,206 | |
MediaTek, Inc. | 64,000 | 1,114 | |
Western Union Company | 66,602 | 899 | |
Tokyo Electron, Ltd. | 3,500 | 867 | |
SAP SE | 8,870 | 731 | |
Analog Devices, Inc. | 4,820 | 672 | |
Intel Corp. | 17,746 | 457 | |
Tripod Technology Corp. | 142,000 | 416 | |
SINBON Electronics Co., Ltd. | 48,446 | 402 | |
International Business Machines Corp. | 2,617 | 311 | |
BE Semiconductor Industries NV | 3,388 | 144 | |
76,896 | |||
Real estate 6.55% | |||
Crown Castle, Inc. REIT | 140,442 | 20,301 | |
VICI Properties, Inc. REIT | 595,168 | 17,766 | |
Equinix, Inc. REIT | 7,659 | 4,357 | |
Gaming and Leisure Properties, Inc. REIT | 92,838 | 4,107 | |
Link REIT | 363,466 | 2,537 | |
Federal Realty Investment Trust REIT | 27,985 | 2,522 | |
Digital Realty Trust, Inc. REIT | 25,050 | 2,484 | |
CK Asset Holdings, Ltd. | 318,000 | 1,908 | |
American Tower Corp. REIT | 7,856 | 1,687 | |
POWERGRID Infrastructure Investment Trust | 681,036 | 1,160 | |
Americold Realty Trust, Inc. REIT | 43,220 | 1,063 | |
Charter Hall Group REIT | 145,504 | 1,053 | |
Embassy Office Parks REIT | 245,585 | 1,043 | |
Extra Space Storage, Inc. REIT | 5,810 | 1,003 | |
Mindspace Business Parks REIT | 214,689 | 958 | |
Longfor Group Holdings, Ltd. | 288,000 | 816 | |
CTP NV | 68,103 | 703 | |
Sun Hung Kai Properties, Ltd. | 61,255 | 674 |
Common stocks (continued) Real estate (continued) | Shares | Value (000) | |
Kimco Realty Corp. REIT | 31,388 | $578 | |
TAG Immobilien AG | 49,398 | 398 | |
CubeSmart REIT | 8,847 | 354 | |
PSP Swiss Property AG | 1,851 | 185 | |
Douglas Elliman, Inc. | 29,146 | 120 | |
67,777 | |||
Utilities 6.30% | |||
Dominion Energy, Inc. | 131,225 | 9,069 | |
DTE Energy Company | 54,577 | 6,279 | |
Power Grid Corporation of India, Ltd. | 2,010,898 | 5,204 | |
The Southern Co. | 65,646 | 4,464 | |
Iberdrola, SA, non-registered shares | 470,820 | 4,377 | |
National Grid PLC | 408,404 | 4,215 | |
E.ON SE | 540,652 | 4,184 | |
Engie SA | 257,687 | 2,957 | |
Engie SA, bonus shares | 36,900 | 423 | |
Edison International | 54,970 | 3,110 | |
Duke Energy Corp. | 27,288 | 2,538 | |
Evergy, Inc. | 41,923 | 2,490 | |
AES Corp. | 107,301 | 2,425 | |
Entergy Corp. | 23,545 | 2,369 | |
Public Service Enterprise Group, Inc. | 28,665 | 1,612 | |
Sempra Energy | 9,762 | 1,464 | |
CenterPoint Energy, Inc. | 49,943 | 1,407 | |
Exelon Corp. | 36,653 | 1,373 | |
SSE PLC | 74,781 | 1,268 | |
Enel SpA | 306,577 | 1,256 | |
NextEra Energy, Inc. | 13,478 | 1,057 | |
ENN Energy Holdings, Ltd. | 55,000 | 732 | |
Power Assets Holdings, Ltd. | 106,500 | 532 | |
CMS Energy Corp. | 3,992 | 233 | |
American Electric Power Company, Inc. | 1,512 | 131 | |
65,169 | |||
Industrials 5.91% | |||
Raytheon Technologies Corp. | 228,916 | 18,739 | |
Lockheed Martin Corp. | 13,654 | 5,274 | |
BAE Systems PLC | 553,357 | 4,862 | |
Honeywell International, Inc. | 21,162 | 3,533 | |
L3Harris Technologies, Inc. | 13,876 | 2,884 | |
Kone OYJ, Class B | 71,780 | 2,764 | |
RELX PLC | 98,945 | 2,415 | |
RELX PLC (ADR) | 7,965 | 194 | |
VINCI SA | 26,226 | 2,107 | |
Singapore Technologies Engineering, Ltd. | 843,200 | 2,090 | |
Siemens AG | 20,861 | 2,065 | |
Deutsche Post AG | 59,701 | 1,817 | |
BOC Aviation, Ltd. | 253,200 | 1,785 | |
Trinity Industries, Inc. | 72,684 | 1,552 | |
ABB, Ltd. | 40,069 | 1,032 | |
Trelleborg AB, Class B | 47,577 | 887 | |
Grupo Aeroportuario del Pacífico, SAB de CV, Class B | 66,797 | 844 | |
Ventia Services Group Pty, Ltd. | 490,862 | 810 | |
LIXIL Corp. | 54,600 | 791 |
Common stocks (continued) Industrials (continued) | Shares | Value (000) | |
CCR SA, ordinary nominative shares | 335,561 | $780 | |
United Parcel Service, Inc., Class B | 4,455 | 720 | |
Waste Management, Inc. | 4,339 | 695 | |
Compañia de Distribución Integral Logista Holdings, SA, non-registered shares | 34,094 | 620 | |
General Dynamics Corp. | 2,526 | 536 | |
Illinois Tool Works, Inc. | 2,897 | 523 | |
Airbus SE, non-registered shares | 3,671 | 317 | |
Sulzer AG | 4,629 | 265 | |
Norfolk Southern Corp. | 1,084 | 227 | |
Melrose Industries PLC | 19,700 | 22 | |
61,150 | |||
Energy 5.06% | |||
TC Energy Corp. (CAD denominated) | 186,837 | 7,526 | |
TC Energy Corp. | 15,330 | 617 | |
Canadian Natural Resources, Ltd. (CAD denominated) | 147,096 | 6,847 | |
Chevron Corp. | 46,926 | 6,742 | |
Exxon Mobil Corp. | 47,888 | 4,181 | |
TotalEnergies SE | 88,547 | 4,168 | |
BP PLC | 798,820 | 3,799 | |
Shell PLC (GBP denominated) | 119,819 | 2,981 | |
Shell PLC (ADR) | 8,467 | 421 | |
EOG Resources, Inc. | 27,609 | 3,085 | |
ConocoPhillips | 26,506 | 2,713 | |
Enbridge, Inc. (CAD denominated) | 49,520 | 1,836 | |
Equitrans Midstream Corp. | 213,059 | 1,594 | |
Schlumberger, Ltd. | 36,843 | 1,323 | |
Pioneer Natural Resources Company | 5,876 | 1,272 | |
Woodside Energy Group, Ltd. | 36,417 | 741 | |
Woodside Energy Group, Ltd. (CDI) | 23,081 | 474 | |
Baker Hughes Co., Class A | 52,596 | 1,102 | |
DT Midstream, Inc. | 13,716 | 712 | |
Galp Energia, SGPS, SA, Class B | 11,022 | 106 | |
Diamond Offshore Drilling, Inc.4 | 5,031 | 33 | |
Gazprom PJSC3,6 | 880,428 | —5 | |
52,273 | |||
Communication services 2.77% | |||
Comcast Corp., Class A | 222,398 | 6,523 | |
Verizon Communications, Inc. | 108,484 | 4,119 | |
SoftBank Corp. | 381,400 | 3,814 | |
BCE, Inc.2 | 62,512 | 2,621 | |
Koninklijke KPN NV | 930,999 | 2,523 | |
Nippon Telegraph and Telephone Corp. | 69,000 | 1,861 | |
HKT Trust and HKT, Ltd., units | 1,376,240 | 1,610 | |
Singapore Telecommunications, Ltd. | 789,900 | 1,454 | |
Pearson PLC | 106,351 | 1,019 | |
Warner Music Group Corp., Class A | 33,470 | 777 | |
WPP PLC | 80,995 | 670 | |
Omnicom Group, Inc. | 10,162 | 641 | |
Indus Towers, Ltd. | 211,665 | 513 | |
ProSiebenSat.1 Media SE | 40,927 | 294 | |
Vodafone Group PLC | 144,892 | 163 | |
28,602 |
Common stocks (continued) Consumer discretionary 2.77% | Shares | Value (000) | |
McDonald’s Corp. | 20,341 | $4,694 | |
Home Depot, Inc. | 12,854 | 3,547 | |
Starbucks Corp. | 40,676 | 3,427 | |
Industria de Diseño Textil, SA | 149,319 | 3,084 | |
Midea Group Co., Ltd., Class A | 397,675 | 2,763 | |
Kering SA | 5,619 | 2,485 | |
LVMH Moët Hennessy-Louis Vuitton SE | 2,860 | 1,681 | |
Galaxy Entertainment Group, Ltd. | 196,000 | 1,145 | |
YUM! Brands, Inc. | 10,281 | 1,093 | |
Darden Restaurants, Inc. | 7,867 | 994 | |
Restaurant Brands International, Inc. | 15,817 | 841 | |
VF Corp. | 25,455 | 761 | |
Cie. Financière Richemont SA, Class A | 7,642 | 717 | |
Hasbro, Inc. | 7,651 | 516 | |
OPAP SA | 27,844 | 335 | |
Inchcape PLC | 26,460 | 199 | |
Thule Group AB | 8,654 | 172 | |
Kindred Group PLC (SDR) | 19,169 | 143 | |
28,597 | |||
Materials 2.56% | |||
Vale SA (ADR), ordinary nominative shares | 353,760 | 4,712 | |
Vale SA, ordinary nominative shares | 219,491 | 2,931 | |
Rio Tinto PLC | 79,287 | 4,295 | |
Linde PLC | 8,444 | 2,276 | |
BHP Group, Ltd. (CDI) | 82,385 | 2,069 | |
Air Products and Chemicals, Inc. | 8,503 | 1,979 | |
International Flavors & Fragrances, Inc. | 18,792 | 1,707 | |
LyondellBasell Industries NV | 20,898 | 1,573 | |
Sociedad Química y Minera de Chile SA, Class B (ADR) | 10,514 | 954 | |
Evonik Industries AG | 56,185 | 947 | |
BASF SE | 21,232 | 823 | |
Asahi Kasei Corp. | 96,900 | 641 | |
UPM-Kymmene Oyj | 19,277 | 613 | |
Nexa Resources SA2 | 51,286 | 265 | |
Fortescue Metals Group, Ltd. | 24,079 | 258 | |
WestRock Co. | 7,448 | 230 | |
Shin-Etsu Chemical Co., Ltd. | 1,900 | 189 | |
26,462 | |||
Total common stocks (cost: $700,799,000) | 734,801 | ||
Preferred securities 0.04% Information technology 0.04% | |||
Samsung Electronics Co., Ltd., nonvoting preferred shares | 12,647 | 411 | |
Total preferred securities (cost: $420,000) | 411 | ||
Rights & warrants 0.00% Consumer discretionary 0.00% | |||
Compagnie Financière Richemont SA, Class A, warrants, expire 20234 | 7,130 | 3 | |
Total rights & warrants (cost: $0) | 3 |
Convertible stocks 0.45% Utilities 0.28% | Shares | Value (000) | |
NextEra Energy, Inc., noncumulative convertible preferred units, 6.926% 2025 | 35,900 | $1,652 | |
AES Corp., convertible preferred units, 6.875% 2024 | 8,659 | 765 | |
American Electric Power Company, Inc., convertible preferred units, 6.125% 2023 | 9,704 | 480 | |
2,897 | |||
Health care 0.11% | |||
Danaher Corp., Series B, cumulative convertible preferred shares, 5.00% 20232 | 841 | 1,133 | |
Consumer discretionary 0.06% | |||
Aptiv PLC, Series A, convertible preferred shares, 5.50% 2023 | 6,948 | 661 | |
Total convertible stocks (cost: $4,679,000) | 4,691 | ||
Investment funds 2.84% | |||
Capital Group Central Corporate Bond Fund7 | 3,676,125 | 29,299 | |
Total investment funds (cost: $36,151,000) | 29,299 | ||
Bonds, notes & other debt instruments 20.56% U.S. Treasury bonds & notes 9.94% U.S. Treasury 6.89% | Principal amount (000) | ||
U.S. Treasury 0.125% 2022 | USD1,625 | 1,611 | |
U.S. Treasury 0.125% 2023 | 2,200 | 2,173 | |
U.S. Treasury 0.375% 2023 | 875 | 839 | |
U.S. Treasury 0.625% 2024 | 11,050 | 10,270 | |
U.S. Treasury 0.75% 2024 | 5,965 | 5,541 | |
U.S. Treasury 2.50% 2024 | 5,424 | 5,273 | |
U.S. Treasury 3.25% 2024 | 554 | 544 | |
U.S. Treasury 0.75% 2026 | 4,903 | 4,342 | |
U.S. Treasury 0.75% 2026 | 3,850 | 3,400 | |
U.S. Treasury 0.75% 2026 | 1 | 1 | |
U.S. Treasury 1.125% 2026 | 995 | 882 | |
U.S. Treasury 1.875% 2026 | 6,300 | 5,801 | |
U.S. Treasury 2.00% 20268 | 2,800 | 2,572 | |
U.S. Treasury 0.50% 2027 | 2,900 | 2,467 | |
U.S. Treasury 2.50% 2027 | 1,440 | 1,345 | |
U.S. Treasury 3.125% 2027 | 12,929 | 12,396 | |
U.S. Treasury 6.125% 2027 | 950 | 1,036 | |
U.S. Treasury 1.25% 2028 | 1,350 | 1,164 | |
U.S. Treasury 6.25% 2030 | 890 | 1,025 | |
U.S. Treasury 2.75% 2032 | 1,899 | 1,736 | |
U.S. Treasury 1.125% 20408 | 2,400 | 1,503 | |
U.S. Treasury 2.00% 2041 | 300 | 215 | |
U.S. Treasury 3.375% 2042 | 167 | 151 | |
U.S. Treasury 2.375% 2051 | 196 | 147 | |
U.S. Treasury 2.875% 20528 | 4,338 | 3,639 | |
U.S. Treasury 3.00% 2052 | 1,275 | 1,102 | |
71,175 |
Bonds, notes & other debt instruments (continued) U.S. Treasury bonds & notes (continued) U.S. Treasury inflation-protected securities 3.05% | Principal amount (000) | Value (000) | |
U.S. Treasury Inflation-Protected Security 0.125% 20239 | USD2,595 | $2,568 | |
U.S. Treasury Inflation-Protected Security 0.375% 20239 | 1,808 | 1,777 | |
U.S. Treasury Inflation-Protected Security 0.625% 20239 | 3,381 | 3,329 | |
U.S. Treasury Inflation-Protected Security 0.125% 20249 | 6,275 | 6,057 | |
U.S. Treasury Inflation-Protected Security 0.125% 20249 | 2,736 | 2,631 | |
U.S. Treasury Inflation-Protected Security 0.50% 20249 | 2,553 | 2,479 | |
U.S. Treasury Inflation-Protected Security 0.625% 20249 | 3,061 | 2,987 | |
U.S. Treasury Inflation-Protected Security 0.125% 20259 | 1,262 | 1,196 | |
U.S. Treasury Inflation-Protected Security 0.125% 20259 | 228 | 216 | |
U.S. Treasury Inflation-Protected Security 0.25% 20259 | 536 | 513 | |
U.S. Treasury Inflation-Protected Security 0.375% 20259 | 375 | 358 | |
U.S. Treasury Inflation-Protected Security 0.125% 20269 | 2,375 | 2,218 | |
U.S. Treasury Inflation-Protected Security 0.50% 20289 | 240 | 223 | |
U.S. Treasury Inflation-Protected Security 0.125% 20309 | 2,130 | 1,884 | |
U.S. Treasury Inflation-Protected Security 0.125% 20319 | 1,821 | 1,591 | |
U.S. Treasury Inflation-Protected Security 0.125% 20319 | 138 | 121 | |
U.S. Treasury Inflation-Protected Security 1.00% 20499 | 200 | 163 | |
U.S. Treasury Inflation-Protected Security 0.125% 20518,9 | 2,020 | 1,270 | |
31,581 | |||
Total U.S. Treasury bonds & notes | 102,756 | ||
Mortgage-backed obligations 7.84% Federal agency mortgage-backed obligations 6.98% | |||
Fannie Mae Pool #695412 5.00% 203310 | —5 | —5 | |
Fannie Mae Pool #AD3566 5.00% 203510 | 2 | 2 | |
Fannie Mae Pool #AC0794 5.00% 203910 | 5 | 5 | |
Fannie Mae Pool #931768 5.00% 203910 | 1 | 1 | |
Fannie Mae Pool #AE0311 3.50% 204010 | 9 | 8 | |
Fannie Mae Pool #932606 5.00% 204010 | 2 | 2 | |
Fannie Mae Pool #AJ1873 4.00% 204110 | 7 | 6 | |
Fannie Mae Pool #AE1248 5.00% 204110 | 9 | 9 | |
Fannie Mae Pool #AE1274 5.00% 204110 | 7 | 7 | |
Fannie Mae Pool #AE1277 5.00% 204110 | 5 | 5 | |
Fannie Mae Pool #AE1283 5.00% 204110 | 2 | 2 | |
Fannie Mae Pool #AE1290 5.00% 204210 | 4 | 4 | |
Fannie Mae Pool #AT0300 3.50% 204310 | 2 | 2 | |
Fannie Mae Pool #AT3954 3.50% 204310 | 2 | 2 | |
Fannie Mae Pool #AY1829 3.50% 204410 | 2 | 2 | |
Fannie Mae Pool #FM9416 3.50% 204510 | 154 | 141 | |
Fannie Mae Pool #BJ5015 4.00% 204710 | 40 | 38 | |
Fannie Mae Pool #BH3122 4.00% 204710 | 1 | 1 | |
Fannie Mae Pool #BK6840 4.00% 204810 | 27 | 26 | |
Fannie Mae Pool #BK5232 4.00% 204810 | 20 | 19 | |
Fannie Mae Pool #BK9743 4.00% 204810 | 8 | 7 | |
Fannie Mae Pool #BK9761 4.50% 204810 | 5 | 5 | |
Fannie Mae Pool #FM3280 3.50% 204910 | 39 | 36 | |
Fannie Mae Pool #CA5540 3.00% 205010 | 3,293 | 2,897 | |
Fannie Mae Pool #CA6309 3.00% 205010 | 388 | 344 | |
Fannie Mae Pool #FS0647 3.00% 205210 | 1,041 | 923 | |
Fannie Mae Pool #BF0142 5.50% 205610 | 402 | 413 | |
Fannie Mae Pool #BF0342 5.50% 205910 | 275 | 281 | |
Fannie Mae Pool #BF0497 3.00% 206010 | 473 | 412 | |
Freddie Mac Pool #Q15874 4.00% 204310 | 1 | 1 |
Bonds, notes & other debt instruments (continued) Mortgage-backed obligations (continued) Federal agency mortgage-backed obligations (continued) | Principal amount (000) | Value (000) | |
Freddie Mac Pool #G67711 4.00% 204810 | USD242 | $229 | |
Freddie Mac Pool #Q56599 4.00% 204810 | 29 | 27 | |
Freddie Mac Pool #Q55971 4.00% 204810 | 20 | 19 | |
Freddie Mac Pool #Q56175 4.00% 204810 | 19 | 18 | |
Freddie Mac Pool #Q55970 4.00% 204810 | 10 | 9 | |
Freddie Mac Pool #Q58411 4.50% 204810 | 55 | 54 | |
Freddie Mac Pool #Q58436 4.50% 204810 | 28 | 28 | |
Freddie Mac Pool #Q58378 4.50% 204810 | 21 | 20 | |
Freddie Mac Pool #Q57242 4.50% 204810 | 14 | 14 | |
Freddie Mac Pool #ZT1704 4.50% 204910 | 1,275 | 1,244 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-2, Class MA, 3.00% 205610 | 242 | 227 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-2, Class HA, 3.00% 205610,11 | 238 | 224 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-1, Class HA, 3.00% 205610,11 | 118 | 111 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-4, Class HT, 3.25% 205710,11 | 100 | 92 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-4, Class MT, 3.50% 205710 | 82 | 76 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2018-3, Class MA, 3.50% 205710 | 21 | 20 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2019-1, Class MT, 3.50% 205810 | 1,022 | 943 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2019-2, Class MA, 3.50% 205810 | 650 | 620 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2019-1, Class MA, 3.50% 205810 | 424 | 405 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2019-3, Class MA, 3.50% 205810 | 19 | 18 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2019-3, Class MT, 3.50% 205810 | 10 | 9 | |
Freddie Mac Seasoned Loan Structured Transaction Trust, Series 2018-2, Class A1, 3.50% 202810 | 953 | 910 | |
Freddie Mac Seasoned Loan Structured Transaction Trust, Series 2019-2, Class A1C, 2.75% 202910 | 1,334 | 1,233 | |
Government National Mortgage Assn. 4.00% 205210,12 | 6,312 | 5,896 | |
Government National Mortgage Assn. 4.50% 205210,12 | 1,245 | 1,192 | |
Government National Mortgage Assn. 5.00% 205210,12 | 9,111 | 8,920 | |
Government National Mortgage Assn. 5.50% 205210,12 | 917 | 916 | |
Government National Mortgage Assn. 5.50% 205210,12 | 100 | 100 | |
Government National Mortgage Assn. Pool #MA5764 4.50% 204910 | 470 | 458 | |
Government National Mortgage Assn. Pool #694836 5.665% 205910 | 1 | 1 | |
Government National Mortgage Assn. Pool #765152 4.14% 206110 | —5 | —5 | |
Government National Mortgage Assn. Pool #766525 4.70% 206210 | —5 | —5 | |
Government National Mortgage Assn. Pool #725893 5.20% 206410 | —5 | —5 | |
Government National Mortgage Assn. Pool #AA7554 6.64% 206410 | 1 | 1 | |
Uniform Mortgage-Backed Security 2.50% 203710,12 | 1,608 | 1,456 | |
Uniform Mortgage-Backed Security 3.00% 205210,12 | 2,055 | 1,789 | |
Uniform Mortgage-Backed Security 3.50% 205210,12 | 1,727 | 1,555 | |
Uniform Mortgage-Backed Security 4.00% 205210,12 | 2,838 | 2,634 | |
Uniform Mortgage-Backed Security 4.50% 205210,12 | 12,901 | 12,294 | |
Uniform Mortgage-Backed Security 5.00% 205210,12 | 9,376 | 9,136 | |
Uniform Mortgage-Backed Security 5.50% 205210,12 | 13,320 | 13,243 | |
Uniform Mortgage-Backed Security 6.00% 205210,12 | 470 | 478 | |
72,220 | |||
Collateralized mortgage-backed obligations (privately originated) 0.50% | |||
Arroyo Mortgage Trust, Series 2021-1R, Class A1, 1.175% 20481,10,11 | 149 | 128 | |
Binom Securitization Trust, Series 2022-RPL1, Class A1, 3.00% 20611,10,11 | 87 | 78 | |
BRAVO Residential Funding Trust, Series 2022-RPL1, Class A1, 2.75% 20611,10 | 92 | 83 | |
Cascade Funding Mortgage Trust, Series 2020-HB4, Class A, 0.946% 20301,10,11 | 81 | 79 | |
Cascade Funding Mortgage Trust, Series 2021-HB7, Class A, 1.151% 20311,10,11 | 144 | 136 | |
Cascade Funding Mortgage Trust, Series 2021-HB6, Class A, 0.898% 20361,10,11 | 112 | 106 | |
CIM Trust, Series 2022-R2, Class A1, 3.75% 20611,10,11 | 192 | 182 | |
Citigroup Mortgage Loan Trust, Inc., Series 2020-EXP1, Class A1A, 1.804% 20601,10,11 | 11 | 10 |
Bonds, notes & other debt instruments (continued) Mortgage-backed obligations (continued) Collateralized mortgage-backed obligations (privately originated) (continued) | Principal amount (000) | Value (000) | |
Connecticut Avenue Securities, Series 2021-R01, Class 1M1, (30-day Average USD-SOFR + 0.75%) 3.031% 20411,10,11 | USD10 | $10 | |
Connecticut Avenue Securities, Series 2022-R04, Class 1M1, (30-day Average USD-SOFR + 2.00%) 4.281% 20421,10,11 | 147 | 145 | |
Finance of America Structured Securities Trust, Series 2019-JR4, Class A, 2.00% 20691,10 | 67 | 66 | |
Finance of America Structured Securities Trust, Series 2019-JR3, Class A, 2.00% 20691,10 | 60 | 61 | |
Flagstar Mortgage Trust, Series 2021-10INV, Class A3, 2.50% 20511,10,11 | 119 | 95 | |
Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2015-DNA3, Class M3, (1-month USD-LIBOR + 4.70%) 7.784% 202810,11 | 269 | 276 | |
Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2022-DNA3, Class M1A, (30-day Average USD-SOFR + 2.00%) 4.281% 20421,10,11 | 159 | 158 | |
Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2022-DNA6, Class M1A, (30-day Average USD-SOFR + 2.15%) 4.435% 20421,10,11 | 36 | 36 | |
Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2022-DNA4, Class M1A, (30-day Average USD-SOFR + 2.20%) 4.481% 20421,10,11 | 91 | 90 | |
Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2022-DNA6, Class M1B, (30-day Average USD-SOFR + 3.70%) 5.985% 20421,10,11 | 64 | 62 | |
Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2020-DNA1, Class M2, (1-month USD-LIBOR + 1.70%) 4.784% 20501,10,11 | 210 | 208 | |
Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2020-DNA2, Class M2, (1-month USD-LIBOR + 1.85%) 4.934% 20501,10,11 | 437 | 430 | |
Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2020-DNA3, Class B1, (1-month USD-LIBOR + 5.10%) 8.184% 20501,10,11 | 112 | 114 | |
Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2020-DNA4, Class B1, (1-month USD-LIBOR + 6.00%) 9.084% 20501,10,11 | 175 | 181 | |
Home Partners of America Trust, Series 2022-1, Class A, 3.93% 20391,10 | 199 | 187 | |
Legacy Mortgage Asset Trust, Series 2021-GS2, Class A1, 1.75% 20611,10,11 | 80 | 75 | |
Legacy Mortgage Asset Trust, Series 2022-GS1, Class A1, 4.00% 2061 (7.00% on 4/25/2025)1,10,13 | 204 | 194 | |
Legacy Mortgage Asset Trust, Series 2021-GS5, Class A1, 2.25% 2067 (5.25% on 11/25/2024)1,10,13 | 136 | 126 | |
Mello Warehouse Securitization Trust, Series 2021-3, Class A, (1-month USD-LIBOR + 0.85%) 3.934% 20551,10,11 | 202 | 195 | |
MRA Issuance Trust, Series 2020-10, Class A3, (1-month USD-LIBOR + 1.30%) 3.864% 20221,10,11 | 353 | 338 | |
NewRez Warehouse Securitization Trust, Series 2021-1, Class A, (1-month USD-LIBOR + 0.75%) 3.834% 20551,10,11 | 281 | 275 | |
Progress Residential Trust, Series 2022-SFR3, Class A, 3.20% 20391,10 | 100 | 91 | |
Reverse Mortgage Investment Trust, Series 2021-HB1, Class A, 1.259% 20311,10,11 | 75 | 72 | |
Towd Point Mortgage Trust, Series 2016-5, Class A1, 2.50% 20561,10,11 | 24 | 24 | |
Towd Point Mortgage Trust, Series 2017-6, Class A1, 2.75% 20571,10,11 | 43 | 42 | |
Towd Point Mortgage Trust, Series 2017-3, Class A1, 2.75% 20571,10,11 | 22 | 21 | |
Towd Point Mortgage Trust, Series 2018-2, Class A1, 3.25% 20581,10,11 | 52 | 50 | |
Towd Point Mortgage Trust, Series 2018-5, Class A1A, 3.25% 20581,10,11 | 26 | 25 | |
Towd Point Mortgage Trust, Series 2020-4, Class A1, 1.75% 20601,10 | 490 | 439 | |
Treehouse Park Improvement Association No.1 - Anleihen 9.75% 20331,3 | 100 | 89 | |
Tricon Residential Trust, Series 2021-SFR1, Class A, 1.943% 20381,10 | 196 | 172 | |
5,149 | |||
Commercial mortgage-backed securities 0.36% | |||
Boca Commercial Mortgage Trust, Series 2022-BOCA, Class A, (1-month USD CME Term SOFR + 1.77%) 4.615% 20391,10,11 | 110 | 108 | |
BPR Trust, Series 2022-OANA, Class A, (1-month USD CME Term SOFR + 1.898%) 4.743% 20371,10,11 | 329 | 325 | |
BX Trust, Series 2022-CSMO, Class A, (1-month USD CME Term SOFR + 2.115%) 4.96% 20271,10,11 | 332 | 329 | |
BX Trust, Series 2021-VOLT, Class A, (1-month USD-LIBOR + 0.70%) 3.518% 20361,10,11 | 548 | 524 | |
BX Trust, Series 2021-ARIA, Class A, (1-month USD-LIBOR + 0.899%) 3.717% 20361,10,11 | 266 | 253 | |
BX Trust, Series 2021-ARIA, Class C, (1-month USD-LIBOR + 1.646%) 4.464% 20361,10,11 | 100 | 93 | |
BX Trust, Series 2022-IND, Class A, (1-month USD CME Term SOFR + 1.491%) 4.336% 20371,10,11 | 166 | 162 |
Bonds, notes & other debt instruments (continued) Mortgage-backed obligations (continued) Commercial mortgage-backed securities (continued) | Principal amount (000) | Value (000) | |
BX Trust, Series 2021-SOAR, Class A, (1-month USD-LIBOR + 0.67%) 3.488% 20381,10,11 | USD173 | $165 | |
BX Trust, Series 2021-SOAR, Class D, (1-month USD-LIBOR + 1.40%) 4.218% 20381,10,11 | 99 | 93 | |
BX Trust, Series 2021-ACNT, Class C, (1-month USD-LIBOR + 1.50%) 4.318% 20381,10,11 | 100 | 95 | |
BX Trust, Series 2022-PSB, Class A, (1-month USD CME Term SOFR + 2.451%) 5.296% 20391,10,11 | 100 | 100 | |
Extended Stay America Trust, Series 2021-ESH, Class A, (1-month USD-LIBOR + 1.08%) 3.898% 20381,10,11 | 99 | 96 | |
GS Mortgage Securities Trust, Series 2018-HULA, Class A, 3.738% 20251,10,11 | 229 | 222 | |
Hawaii Hotel Trust, Series 2019-MAUI, Class A, (1-month USD-LIBOR + 1.15%) 3.968% 20381,10,11 | 300 | 293 | |
JPMorgan Chase Commercial Mortgage Securities Trust, Series 2022-OPO, Class C, 3.565% 20391,10,11 | 100 | 83 | |
La Quinta Mortgage Trust, Series 2022-LAQ, Class A, (1-month USD CME Term SOFR + 1.724%) 4.569% 20391,10,11 | 124 | 120 | |
LUXE Commercial Mortgage Trust, Series 2021-TRIP, Class A, (1-month USD-LIBOR + 1.05%) 3.868% 20381,10,11 | 179 | 173 | |
Multi Family Connecticut Avenue Securities, Series 2019-1, Class M10, (1-month USD-LIBOR + 3.25%) 6.334% 20491,10,11 | 146 | 139 | |
SREIT Trust, Series 2021-MFP, Class A, (1-month USD-LIBOR + 0.731%) 3.549% 20381,10,11 | 361 | 345 | |
3,718 | |||
Total mortgage-backed obligations | 81,087 | ||
Corporate bonds, notes & loans 1.88% Energy 0.33% | |||
Apache Corp. 4.25% 2030 | 385 | 337 | |
Baker Hughes Co. 2.061% 2026 | 8 | 7 | |
BP Capital Markets America, Inc. 3.633% 2030 | 360 | 324 | |
Cenovus Energy, Inc. 5.40% 2047 | 75 | 64 | |
Diamondback Energy, Inc. 4.25% 2052 | 57 | 42 | |
Energy Transfer Operating, LP 5.00% 2050 | 35 | 27 | |
Energy Transfer Partners, LP 5.30% 2047 | 10 | 8 | |
EQT Corp. 5.00% 2029 | 35 | 33 | |
EQT Corp. 3.625% 20311 | 20 | 17 | |
Equinor ASA 2.375% 2030 | 365 | 304 | |
Exxon Mobil Corp. 2.995% 2039 | 200 | 149 | |
Exxon Mobil Corp. 3.452% 2051 | 25 | 19 | |
Kinder Morgan, Inc. 5.45% 2052 | 11 | 10 | |
MPLX, LP 4.95% 2032 | 20 | 18 | |
MPLX, LP 5.50% 2049 | 357 | 304 | |
MPLX, LP 4.95% 2052 | 20 | 16 | |
New Fortress Energy, Inc. 6.50% 20261 | 80 | 74 | |
NGL Energy Operating, LLC 7.50% 20261 | 80 | 71 | |
ONEOK, Inc. 3.10% 2030 | 42 | 34 | |
ONEOK, Inc. 4.95% 2047 | 51 | 39 | |
ONEOK, Inc. 7.15% 2051 | 97 | 93 | |
Pemex Project Funding Master Trust, Series 13, 6.625% 2035 | 150 | 96 | |
Petróleos Mexicanos 6.50% 2029 | 20 | 15 | |
Petróleos Mexicanos 8.75% 20291 | 177 | 151 | |
Sabine Pass Liquefaction, LLC 4.50% 2030 | 142 | 130 | |
Shell International Finance BV 2.00% 2024 | 420 | 399 | |
TransCanada Corp. 5.875% 2076 (3-month USD-LIBOR + 4.64% on 8/15/2026)13 | 540 | 504 | |
TransCanada PipeLines, Ltd. 5.10% 2049 | 150 | 133 | |
Williams Companies, Inc. 5.30% 2052 | 40 | 35 | |
3,453 |
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Health care 0.30% | Principal amount (000) | Value (000) | |
AbbVie, Inc. 3.20% 2029 | USD25 | $22 | |
AbbVie, Inc. 4.25% 2049 | 39 | 31 | |
Amgen, Inc. 4.05% 2029 | 145 | 133 | |
Amgen, Inc. 3.35% 2032 | 37 | 32 | |
Amgen, Inc. 4.20% 2033 | 100 | 91 | |
Amgen, Inc. 4.20% 2052 | 19 | 15 | |
Amgen, Inc. 4.875% 2053 | 45 | 40 | |
AstraZeneca PLC 3.375% 2025 | 200 | 191 | |
AstraZeneca PLC 3.00% 2051 | 11 | 8 | |
Centene Corp. 4.625% 2029 | 530 | 477 | |
Centene Corp. 3.375% 2030 | 179 | 147 | |
Centene Corp. 2.625% 2031 | 40 | 30 | |
Gilead Sciences, Inc. 1.65% 2030 | 8 | 6 | |
HCA, Inc. 2.375% 2031 | 18 | 13 | |
Humana, Inc. 3.70% 2029 | 12 | 11 | |
Merck & Co., Inc. 1.70% 2027 | 118 | 103 | |
Merck & Co., Inc. 3.40% 2029 | 110 | 101 | |
Regeneron Pharmaceuticals, Inc. 1.75% 2030 | 8 | 6 | |
Regeneron Pharmaceuticals, Inc. 2.80% 2050 | 2 | 1 | |
Shire PLC 3.20% 2026 | 270 | 249 | |
Teva Pharmaceutical Finance Co. BV 6.00% 2024 | 700 | 681 | |
Teva Pharmaceutical Finance Co. BV 3.15% 2026 | 650 | 534 | |
Teva Pharmaceutical Finance Co. BV 4.10% 2046 | 300 | 180 | |
3,102 | |||
Communication services 0.26% | |||
América Móvil, SAB de CV, 8.46% 2036 | MXN1,300 | 54 | |
AT&T, Inc. 3.50% 2041 | USD75 | 54 | |
CCO Holdings, LLC and CCO Holdings Capital Corp. 4.25% 20311 | 360 | 277 | |
CCO Holdings, LLC and CCO Holdings Capital Corp. 4.75% 20321 | 25 | 19 | |
CCO Holdings, LLC and CCO Holdings Capital Corp. 4.25% 20341 | 175 | 126 | |
CCO Holdings, LLC and CCO Holdings Capital Corp. 3.70% 2051 | 25 | 15 | |
Magallanes, Inc. 4.279% 20321 | 56 | 46 | |
Magallanes, Inc. 5.05% 20421 | 47 | 35 | |
Magallanes, Inc. 5.141% 20521 | 88 | 64 | |
Meta Platforms, Inc. 3.85% 20321 | 160 | 141 | |
Meta Platforms, Inc. 4.45% 20521 | 95 | 78 | |
Netflix, Inc. 4.875% 2028 | 150 | 141 | |
SBA Tower Trust 1.631% 20261 | 253 | 216 | |
Sprint Corp. 6.875% 2028 | 325 | 334 | |
Sprint Corp. 8.75% 2032 | 143 | 166 | |
T-Mobile US, Inc. 3.875% 2030 | 625 | 555 | |
T-Mobile US, Inc. 2.55% 2031 | 253 | 201 | |
Verizon Communications, Inc. 1.75% 2031 | 142 | 107 | |
Walt Disney Company 4.625% 2040 | 120 | 108 | |
2,737 | |||
Utilities 0.25% | |||
AEP Transmission Co., LLC 3.80% 2049 | 45 | 34 | |
Edison International 4.125% 2028 | 132 | 118 | |
FirstEnergy Corp. 2.25% 2030 | 107 | 83 | |
FirstEnergy Corp. 2.65% 2030 | 493 | 399 | |
ITC Holdings Corp. 4.95% 20271 | 25 | 24 | |
Pacific Gas and Electric Co. 3.25% 2024 | 1,025 | 990 |
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Utilities (continued) | Principal amount (000) | Value (000) | |
Pacific Gas and Electric Co. 2.95% 2026 | USD97 | $86 | |
Pacific Gas and Electric Co. 3.75% 2028 | 105 | 89 | |
Pacific Gas and Electric Co. 4.65% 2028 | 284 | 251 | |
Pacific Gas and Electric Co. 2.50% 2031 | 375 | 273 | |
Southern California Edison Co., Series C, 3.60% 2045 | 206 | 141 | |
Union Electric Co. 3.90% 2052 | 25 | 20 | |
WEC Energy Group, Inc. 5.15% 2027 | 25 | 25 | |
2,533 | |||
Consumer discretionary 0.21% | |||
Bayerische Motoren Werke AG 3.45% 20271 | 25 | 23 | |
Bayerische Motoren Werke AG 4.15% 20301 | 290 | 268 | |
Bayerische Motoren Werke AG 3.70% 20321 | 25 | 22 | |
Daimler Trucks Finance North America, LLC 1.125% 20231 | 495 | 472 | |
Daimler Trucks Finance North America, LLC 1.625% 20241 | 175 | 162 | |
Daimler Trucks Finance North America, LLC 2.375% 20281 | 150 | 123 | |
Daimler Trucks Finance North America, LLC 2.50% 20311 | 150 | 114 | |
Ford Motor Co. 2.30% 2025 | 200 | 177 | |
Ford Motor Credit Company, LLC 5.125% 2025 | 200 | 189 | |
Grand Canyon University 4.125% 2024 | 200 | 185 | |
Lowe’s Companies, Inc. 5.625% 2053 | 35 | 32 | |
McDonald’s Corp. 4.60% 2032 | 15 | 14 | |
McDonald’s Corp. 5.15% 2052 | 10 | 9 | |
Royal Caribbean Cruises, Ltd. 10.875% 20231 | 250 | 256 | |
Royal Caribbean Cruises, Ltd. 11.50% 20251 | 160 | 170 | |
2,216 | |||
Financials 0.18% | |||
AerCap Ireland Capital, Ltd. / AerCap Global Aviation Trust 3.30% 2032 | 150 | 113 | |
American Express Co. 4.42% 2033 (USD-SOFR + 1.76% on 8/3/2032)13 | 82 | 75 | |
Bank of America Corp. 4.948% 2028 (USD-SOFR + 2.04% on 7/22/2027)13 | 40 | 39 | |
Bank of America Corp. 1.922% 2031 (USD-SOFR + 1.37% on 10/24/2030)13 | 231 | 171 | |
Bank of America Corp. 5.015% 2033 (USD-SOFR + 2.16% on 7/22/2032)13 | 84 | 78 | |
Charles Schwab Corp. 2.45% 2027 | 25 | 23 | |
Citigroup, Inc. 3.057% 2033 (USD-SOFR + 1.351% on 1/25/2032)13 | 35 | 28 | |
CME Group, Inc. 2.65% 2032 | 50 | 41 | |
Corebridge Financial, Inc. 3.85% 20291 | 180 | 159 | |
Corebridge Financial, Inc. 3.90% 20321 | 32 | 27 | |
Corebridge Financial, Inc. 4.35% 20421 | 7 | 5 | |
Corebridge Financial, Inc. 4.40% 20521 | 49 | 37 | |
Danske Bank AS 4.298% 2028 (1-year UST Yield Curve Rate T Note Constant Maturity + 1.75% on 4/1/2027)1,13 | 200 | 178 | |
Goldman Sachs Group, Inc. 2.65% 2032 (USD-SOFR + 1.264% on 10/21/2031)13 | 75 | 58 | |
Goldman Sachs Group, Inc. 3.102% 2033 (USD-SOFR + 1.41% on 2/24/2032)13 | 40 | 32 | |
Intercontinental Exchange, Inc. 4.60% 2033 | 18 | 17 | |
Intercontinental Exchange, Inc. 4.95% 2052 | 16 | 14 | |
JPMorgan Chase & Co. 4.851% 2028 (USD-SOFR + 1.99% on 7/25/2027)13 | 40 | 38 | |
JPMorgan Chase & Co. 1.953% 2032 (USD-SOFR + 1.065% on 2/4/2031)13 | 227 | 168 | |
JPMorgan Chase & Co. 2.963% 2033 (USD-SOFR + 1.26% on 1/25/2032)13 | 17 | 13 | |
JPMorgan Chase & Co. 4.912% 2033 (USD-SOFR + 2.08% on 7/25/2032)13 | 25 | 23 | |
JPMorgan Chase & Co., Series I, (3-month USD-LIBOR + 3.47%) 6.276% junior subordinated perpetual bonds11 | 105 | 105 | |
Morgan Stanley 4.889% 2033 (USD-SOFR + 2.077% on 7/20/2032)13 | 20 | 19 | |
Navient Corp. 5.00% 2027 | 150 | 123 | |
New York Life Global Funding 3.00% 20281 | 150 | 137 |
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Financials (continued) | Principal amount (000) | Value (000) | |
SVB Financial Group 4.70% junior subordinated perpetual bonds (5-year UST Yield Curve Rate T Note Constant Maturity + 3.064% on 11/15/2031)13 | USD38 | $28 | |
Wells Fargo & Company 4.808% 2028 (USD-SOFR + 1.98% on 7/25/2027)13 | 45 | 43 | |
Wells Fargo & Company 3.35% 2033 (USD-SOFR + 1.50% on 3/2/2032)13 | 105 | 85 | |
Wells Fargo & Company 4.897% 2033 (USD-SOFR + 4.897% on 7/25/2032)13 | 35 | 32 | |
1,909 | |||
Industrials 0.11% | |||
Ashtead Capital, Inc. 5.50% 20321 | 200 | 186 | |
Boeing Company 4.508% 2023 | 270 | 269 | |
Boeing Company 2.75% 2026 | 91 | 83 | |
Boeing Company 3.625% 2031 | 280 | 233 | |
Boeing Company 5.805% 2050 | 95 | 83 | |
Canadian Pacific Railway, Ltd. 2.45% 2031 | 78 | 63 | |
Canadian Pacific Railway, Ltd. 3.10% 2051 | 102 | 67 | |
CSX Corp. 4.75% 2048 | 50 | 44 | |
CSX Corp. 4.50% 2052 | 35 | 29 | |
Masco Corp. 3.125% 2051 | 10 | 6 | |
Union Pacific Corp. 2.80% 2032 | 17 | 14 | |
Union Pacific Corp. 3.50% 2053 | 20 | 15 | |
1,092 | |||
Consumer staples 0.11% | |||
7-Eleven, Inc. 0.80% 20241 | 50 | 47 | |
7-Eleven, Inc. 0.95% 20261 | 60 | 52 | |
7-Eleven, Inc. 1.30% 20281 | 45 | 36 | |
7-Eleven, Inc. 1.80% 20311 | 325 | 242 | |
Altria Group, Inc. 3.875% 2046 | 22 | 14 | |
Altria Group, Inc. 3.70% 2051 | 28 | 17 | |
Anheuser-Busch InBev NV 4.50% 2050 | 20 | 17 | |
British American Tobacco PLC 4.70% 2027 | 105 | 98 | |
British American Tobacco PLC 4.448% 2028 | 150 | 134 | |
British American Tobacco PLC 4.54% 2047 | 82 | 54 | |
British American Tobacco PLC 4.758% 2049 | 121 | 83 | |
Kraft Heinz Company 3.00% 2026 | 93 | 86 | |
Kraft Heinz Company 4.875% 2049 | 170 | 140 | |
Kraft Heinz Company 5.50% 2050 | 75 | 68 | |
1,088 | |||
Information technology 0.08% | |||
Apple, Inc. 3.35% 2032 | 20 | 18 | |
Apple, Inc. 3.95% 2052 | 20 | 17 | |
Broadcom, Inc. 4.00% 20291 | 3 | 3 | |
Broadcom, Inc. 4.15% 20321 | 11 | 9 | |
Broadcom, Inc. 3.137% 20351 | 2 | 1 | |
Broadcom, Inc. 3.75% 20511 | 91 | 60 | |
Lenovo Group, Ltd. 5.875% 2025 | 400 | 396 | |
Oracle Corp. 2.875% 2031 | 140 | 110 | |
Oracle Corp. 3.60% 2050 | 150 | 94 | |
ServiceNow, Inc. 1.40% 2030 | 130 | 96 | |
804 |
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Materials 0.03% | Principal amount (000) | Value (000) | |
Celanese US Holdings, LLC 6.379% 2032 | USD10 | $9 | |
Dow Chemical Co. 3.60% 2050 | 75 | 51 | |
International Flavors & Fragrances, Inc. 1.832% 20271 | 100 | 82 | |
International Flavors & Fragrances, Inc. 3.468% 20501 | 10 | 7 | |
LYB International Finance III, LLC 4.20% 2050 | 49 | 35 | |
LYB International Finance III, LLC 3.625% 2051 | 102 | 67 | |
South32 Treasury (USA), Ltd. 4.35% 20321 | 10 | 9 | |
260 | |||
Real estate 0.02% | |||
American Tower Corp. 4.05% 2032 | 11 | 10 | |
Equinix, Inc. 1.55% 2028 | 25 | 20 | |
Equinix, Inc. 3.20% 2029 | 144 | 122 | |
Equinix, Inc. 2.50% 2031 | 47 | 36 | |
188 | |||
Total corporate bonds, notes & loans | 19,382 | ||
Asset-backed obligations 0.81% | |||
Aesop Funding, LLC, Series 2020-2, Class A, 2.02% 20271,10 | 197 | 176 | |
Aesop Funding, LLC, Series 2020-2A, Class B, 2.96% 20271,10 | 100 | 90 | |
Affirm Asset Securitization Trust, Series 2022-X1, Class A, 1.75% 20271,10 | 134 | 130 | |
American Express Credit Account Master Trust, Series 2022-3, Class A, 3.75% 202710 | 100 | 98 | |
American Homes 4 Rent, Series 2014-SFR2, Class A, 3.786% 20361,10 | 86 | 83 | |
American Homes 4 Rent, Series 2015-SFR2, Class A, 3.732% 20521,10 | 88 | 84 | |
American Homes 4 Rent, Series 2015-SFR2, Class B, 4.295% 20521,10 | 100 | 96 | |
AmeriCredit Automobile Receivables Trust, Series 2022-2, Class A2B, (30-day Average USD-SOFR + 1.15%) 3.434% 202510,11 | 150 | 150 | |
Bankers Healthcare Group Securitization Trust, Series 2022-A, Class A, 1.71% 20351,10 | 77 | 72 | |
CarMaxAuto Owner Trust, Series 2022-3, Class A2B, (30-day Average USD-SOFR + 0.77%) 3.055% 202510,11 | 103 | 103 | |
CF Hippolyta, LLC, Series 2020-1, Class A1, 1.69% 20601,10 | 359 | 319 | |
CF Hippolyta, LLC, Series 2020-1, Class A2, 1.99% 20601,10 | 90 | 75 | |
CF Hippolyta, LLC, Series 2020-1, Class B1, 2.28% 20601,10 | 92 | 81 | |
CF Hippolyta, LLC, Series 2020-1, Class B2, 2.60% 20601,10 | 92 | 75 | |
CF Hippolyta, LLC, Series 2021-1, Class A1, 1.53% 20611,10 | 323 | 278 | |
CF Hippolyta, LLC, Series 2022-1, Class A1, 5.97% 20621,10 | 500 | 481 | |
Exeter Automobile Receivables Trust, Series 2022-3A, Class A2, 3.45% 202410 | 60 | 60 | |
Exeter Automobile Receivables Trust, Series 2022-4A, Class A2, 3.99% 202410 | 49 | 49 | |
FirstKey Homes Trust, Series 2022-SFR2, Class A, 4.145% 20391,10 | 131 | 124 | |
Ford Credit Auto Owner Trust, Series 2022-B, Class A2B, (30-day Average USD-SOFR + 0.60%) 2.885% 202510,11 | 73 | 73 | |
Freedom Financial, Series 2022-1FP, Class A, 0.94% 20291,10 | 36 | 36 | |
GCI Funding I, LLC, Series 2020-1, Class A, 2.82% 20451,10 | 547 | 485 | |
GCI Funding I, LLC, Series 2021-1, Class A, 2.38% 20461,10 | 89 | 76 | |
Global SC Finance V SRL, Series 2019-1A, Class B, 4.81% 20391,10 | 138 | 129 | |
GM Financial Automobile Leasing Trust, Series 2022-3, Class A2B, (30-day Average USD-SOFR + 0.71%) 2.994% 202410,11 | 76 | 76 | |
GM Financial Consumer Automobile Receivables Trust, Series 2022-3, Class A2B, (30-day Average USD-SOFR + 0.60%) 2.885% 202510,11 | 78 | 78 | |
Hertz Vehicle Financing III, LLC, Series 2021-1A, Class A, 1.21% 20251,10 | 247 | 226 | |
Hertz Vehicle Financing III, LLC, Series 2021-1A, Class B, 1.56% 20251,10 | 100 | 92 | |
Hertz Vehicle Financing III, LLC, Series 2021-2A, Class A, 1.68% 20271,10 | 268 | 230 | |
Hertz Vehicle Financing III, LLC, Series 2021-2A, Class B, 2.12% 20271,10 | 100 | 86 | |
Hertz Vehicle Financing III, LLC, Series 2021-2A, Class C, 2.52% 20271,10 | 100 | 84 |
Bonds, notes & other debt instruments (continued) Asset-backed obligations (continued) | Principal amount (000) | Value (000) | |
Hyundai Auto Receivables Trust, Series 2022-B, Class A2B, (30-day Average USD-SOFR + 0.58%) 2.865% 202510,11 | USD100 | $100 | |
Navient Student Loan Trust, Series 2021-A, Class A, 0.84% 20691,10 | 49 | 43 | |
Navient Student Loan Trust, Series 2021-C, Class A, 1.06% 20691,10 | 149 | 128 | |
Nelnet Student Loan Trust, Series 2021-A, Class APT1, 1.36% 20621,10 | 223 | 197 | |
Nelnet Student Loan Trust, Series 2021-B, Class AFX, 1.42% 20621,10 | 446 | 398 | |
Nelnet Student Loan Trust, Series 2021-C, Class AFL, (1-month USD-LIBOR + 0.74%) 3.733% 20621,10,11 | 233 | 225 | |
New Economy Assets Phase 1 Issuer, LLC, Series 2021-1, Class A1, 1.91% 20611,10 | 935 | 793 | |
Nissan Auto Lease Trust, Series 2021-A, Class A3, 0.52% 202410 | 199 | 193 | |
Nissan Auto Lease Trust, Series 2022-A, Class A2B, (30-day Average USD-SOFR + 0.68%) 2.965% 202410,11 | 250 | 250 | |
OnDeck Asset Securitization Trust, LLC, Series 2021-1A, Class A, 1.59% 20271,10 | 100 | 92 | |
Oportun Funding, LLC, Series 2021-B, Class A, 1.47% 20311,10 | 100 | 89 | |
PFS Financing Corp., Series 2022-D, Class A, 4.27% 20271,10 | 100 | 97 | |
Santander Drive Auto Receivables Trust, Series 2022-4, Class A2, 4.05% 202510 | 180 | 179 | |
SMB Private Education Loan Trust, Series 2021-A, Class APT2, 1.07% 20531,10 | 78 | 66 | |
Stonepeak Infrastructure Partners, Series 2021-1A, Class AA, 2.301% 20331,10 | 217 | 193 | |
Toyota Auto Loan Extended Note Trust, Series 2021-1, Class A, 1.07% 20341,10,11 | 335 | 295 | |
Toyota Auto Receivables Owner Trust, Series 2022-C, Class A2B, (1-month USD-SOFR + 0.57%) 2.855% 202510,11 | 27 | 27 | |
Verizon Master Trust, Series 2022-3, Class A, 3.01% 2027 (3.76% on 11/20/2023)10,13 | 160 | 157 | |
Volkswagen Auto Lease Trust, Series 2022-A, Class A2, 3.02% 202410 | 110 | 109 | |
Westlake Automobile Receivables Trust, Series 2022-2A, Class A2A, 3.36% 20251,10 | 494 | 489 | |
8,415 | |||
Bonds & notes of governments & government agencies outside the U.S. 0.07% | |||
Peru (Republic of) 2.783% 2031 | 190 | 151 | |
Portuguese Republic 5.125% 2024 | 18 | 18 | |
Qatar (State of) 4.50% 2028 | 200 | 198 | |
Saudi Arabia (Kingdom of) 3.625% 2028 | 200 | 190 | |
United Mexican States 3.25% 2030 | 200 | 167 | |
724 | |||
Municipals 0.02% California 0.00% | |||
Golden State Tobacco Securitization Corp., Enhanced Tobacco Settlement Asset-Backed Bonds, Series 2021-B, 2.746% 2034 | 15 | 12 | |
Illinois 0.02% | |||
G.O. Bonds, Pension Funding, Series 2003, 5.10% 2033 | 225 | 214 | |
Total municipals | 226 | ||
Total bonds, notes & other debt instruments (cost: $229,364,000) | 212,590 | ||
Short-term securities 11.41% Money market investments 10.79% | Shares | ||
Capital Group Central Cash Fund 2.81%7,14 | 1,115,094 | 111,499 | |
Money market investments purchased with collateral from securities on loan 0.62% | |||
Capital Group Central Cash Fund 2.81%7,14,15 | 35,832 | 3,583 | |
Goldman Sachs Financial Square Government Fund, Institutional Shares 2.93%14,15 | 574,276 | 575 | |
BlackRock Liquidity Funds – FedFund, Institutional Shares 2.76%14,15 | 573,244 | 573 |
Short-term securities (continued) Money market investments purchased with collateral from securities on loan (continued) | Shares | Value (000) | |
Invesco Short-Term Investments Trust – Government & Agency Portfolio, Institutional Class 2.88%14,15 | 573,244 | $573 | |
Morgan Stanley Institutional Liquidity Funds – Government Portfolio, Institutional Class 2.80%14,15 | 573,244 | 573 | |
State Street Institutional U.S. Government Money Market Fund, Institutional Class 2.91%14,15 | 573,244 | 573 | |
6,450 | |||
Total short-term securities (cost: $117,940,000) | 117,949 | ||
Total investment securities 106.38% (cost: $1,089,353,000) | 1,099,744 | ||
Other assets less liabilities (6.38)% | (65,970) | ||
Net assets 100.00% | $1,033,774 |
Contracts | Type | Number of contracts | Expiration | Notional amount (000) | Value and unrealized (depreciation) appreciation at 9/30/2022 (000) |
2 Year U.S. Treasury Note Futures | Long | 226 | December 2022 | USD46,418 | $(395) |
5 Year U.S. Treasury Note Futures | Long | 239 | December 2022 | 25,694 | (844) |
10 Year Ultra U.S. Treasury Note Futures | Long | 1 | December 2022 | 119 | (4) |
10 Year U.S. Treasury Note Futures | Short | 7 | December 2022 | (784) | 4 |
20 Year U.S. Treasury Bond Futures | Long | 12 | December 2022 | 1,517 | (109) |
30 Year Ultra U.S. Treasury Bond Futures | Long | 70 | December 2022 | 9,590 | (834) |
$(2,182) |
Receive | Pay | Expiration date | Notional amount (000) | Value at 9/30/2022 (000) | Upfront premium paid (000) | Unrealized (depreciation) appreciation at 9/30/2022 (000) | ||||
Rate | Payment frequency | Rate | Payment frequency | |||||||
3.52647% | Annual | U.S. EFFR | Annual | 6/16/2024 | USD5,215 | $(64) | $— | $(64) | ||
3.5291% | Annual | U.S. EFFR | Annual | 6/16/2024 | 5,635 | (68) | — | (68) | ||
3.497% | Annual | U.S. EFFR | Annual | 6/16/2024 | 5,600 | (71) | — | (71) | ||
3.4585% | Annual | U.S. EFFR | Annual | 6/17/2024 | 898 | (12) | — | (12) | ||
3.4325% | Annual | U.S. EFFR | Annual | 6/17/2024 | 4,100 | (56) | — | (56) | ||
3-month USD-LIBOR | Quarterly | 0.5935% | Semi-annual | 5/18/2030 | 7,200 | 1,570 | — | 1,570 | ||
3-month USD-LIBOR | Quarterly | 0.807% | Semi-annual | 5/18/2050 | 805 | 374 | — | 374 | ||
$1,673 | $— | $1,673 |
Financing rate received | Payment frequency | Reference index | Expiration date | Notional amount16 (000) | Value at 9/30/202217 (000) | Upfront premium paid (000) | Unrealized depreciation at 9/30/2022 (000) |
5.00% | Quarterly | CDX.NA.HY.38 | 6/20/2027 | USD6,138 | $(145) | $175 | $(320) |
Value of affiliates at 1/1/2022 (000) | Additions (000) | Reductions (000) | Net realized loss (000) | Net unrealized (depreciation) appreciation (000) | Value of affiliates at 9/30/2022 (000) | Dividend income (000) | ||||
Investment funds 2.84% | ||||||||||
Capital Group Central Corporate Bond Fund | $30,304 | $6,451 | $943 | $(143) | $(6,370) | $29,299 | $642 | |||
Short-term securities 11.13% | ||||||||||
Money market investments 10.78% | ||||||||||
Capital Group Central Cash Fund 2.81%14 | 42,892 | 215,207 | 146,591 | (14) | 5 | 111,499 | 777 | |||
Money market investments purchased with collateral from securities on loan 0.35% | ||||||||||
Capital Group Central Cash Fund 2.81%14,15 | 1,954 | 1,62918 | 3,583 | —19 | ||||||
Total short-term securities | 115,082 | |||||||||
Total 13.97% | $(157) | $(6,365) | $144,381 | $1,419 |
Acquisition date | Cost (000) | Value (000) | Percent of net assets | |||
Sberbank of Russia PJSC3,4 | 6/14/2022 | $598 | $—5 | .00% | ||
Gazprom PJSC3 | 7/19/2022 | 2,557 | —5 | .00 | ||
Total | $3,155 | $—5 | .00% |
1 | Acquired in a transaction exempt from registration under Rule 144A of the Securities Act of 1933. May be resold in the U.S. in transactions exempt from registration, normally to qualified institutional buyers. The total value of all such securities was $20,811,000, which represented 2.01% of the net assets of the fund. |
2 | All or a portion of this security was on loan. The total value of all such securities was $6,867,000, which represented .66% of the net assets of the fund. |
3 | Value determined using significant unobservable inputs. |
4 | Security did not produce income during the last 12 months. |
5 | Amount less than one thousand. |
6 | Restricted security, other than Rule 144A, subject to legal or contractual restrictions on resale. The total value of all such restricted securities was less than $1,000, which represented less than 0.01% of the net assets of the fund. |
7 | Part of the same “group of investment companies“ as the fund as defined under the Investment Company Act of 1940, as amended. |
8 | All or a portion of this security was pledged as collateral. The total value of pledged collateral was $2,184,000, which represented .21% of the net assets of the fund. |
9 | Index-linked bond whose principal amount moves with a government price index. |
10 | Principal payments may be made periodically. Therefore, the effective maturity date may be earlier than the stated maturity date. |
11 | Coupon rate may change periodically. Reference rate and spread are as of the most recent information available. Some coupon rates are determined by the issuer or agent based on current market conditions; therefore, the reference rate and spread are not available. |
12 | Purchased on a TBA basis. |
13 | Step bond; coupon rate may change at a later date. |
14 | Rate represents the seven-day yield at 9/30/2022. |
15 | Security purchased with cash collateral from securities on loan. |
16 | The maximum potential amount the fund may pay as a protection seller should a credit event occur. |
17 | The prices and resulting values for credit default swap indices serve as an indicator of the current status of the payment/performance risk. As the value of a sell protection credit default swap increases or decreases, when compared to the notional amount of the swap, the payment/performance risk may decrease or increase, respectively. |
18 | Represents net activity. |
19 | Dividend income is included with securities lending income and is not shown in this table. |
Common stocks 66.26% Health care 12.89% | Shares | Value (000) | |
UnitedHealth Group, Inc. | 1,022,800 | $516,555 | |
Johnson & Johnson | 2,030,000 | 331,621 | |
Humana, Inc. | 500,000 | 242,595 | |
Cigna Corp. | 775,000 | 215,039 | |
Pfizer, Inc. | 4,584,556 | 200,620 | |
Gilead Sciences, Inc. | 2,665,000 | 164,404 | |
AbbVie, Inc. | 1,221,978 | 164,002 | |
CVS Health Corp. | 1,653,000 | 157,647 | |
Abbott Laboratories | 1,600,000 | 154,816 | |
Regeneron Pharmaceuticals, Inc.1 | 214,600 | 147,831 | |
Vertex Pharmaceuticals, Inc.1 | 505,500 | 146,362 | |
Eli Lilly and Company | 400,469 | 129,492 | |
Bristol-Myers Squibb Company | 1,374,818 | 97,736 | |
Centene Corp.1 | 818,015 | 63,650 | |
Thermo Fisher Scientific, Inc. | 116,000 | 58,834 | |
Alnylam Pharmaceuticals, Inc.1 | 261,834 | 52,409 | |
AbCellera Biologics, Inc.1,2 | 2,871,293 | 28,397 | |
Novo Nordisk A/S, Class B | 240,499 | 23,971 | |
Rotech Healthcare, Inc.1,3,4 | 184,138 | 19,703 | |
Elevance Health, Inc. | 37,542 | 17,053 | |
Zoetis, Inc., Class A | 95,618 | 14,179 | |
AstraZeneca PLC (ADR) | 249,881 | 13,703 | |
Karuna Therapeutics, Inc.1 | 57,100 | 12,843 | |
Horizon Therapeutics PLC1 | 192,328 | 11,903 | |
Ultragenyx Pharmaceutical, Inc.1 | 217,400 | 9,003 | |
2,994,368 | |||
Financials 9.66% | |||
Aon PLC, Class A | 807,600 | 216,332 | |
Apollo Asset Management, Inc. | 3,886,410 | 180,718 | |
Chubb, Ltd. | 800,000 | 145,504 | |
CME Group, Inc., Class A | 789,700 | 139,880 | |
First Republic Bank | 1,000,000 | 130,550 | |
Synchrony Financial | 4,100,000 | 115,579 | |
Toronto-Dominion Bank (CAD denominated) | 1,665,727 | 102,161 | |
JPMorgan Chase & Co. | 973,100 | 101,689 | |
Bank of America Corp. | 3,200,000 | 96,640 | |
KKR & Co., Inc. | 2,091,468 | 89,933 | |
Capital One Financial Corp. | 875,000 | 80,649 | |
Western Alliance Bancorporation | 1,182,849 | 77,760 | |
M&T Bank Corp. | 375,000 | 66,120 | |
Wells Fargo & Company | 1,570,000 | 63,145 | |
Ares Management Corp., Class A | 1,015,403 | 62,904 | |
Nasdaq, Inc. | 1,098,300 | 62,252 | |
Blue Owl Capital, Inc., Class A | 6,623,054 | 61,131 | |
Discover Financial Services | 600,000 | 54,552 |
Common stocks (continued) Financials (continued) | Shares | Value (000) | |
Brookfield Asset Management, Inc., Class A | 1,260,000 | $51,521 | |
Intercontinental Exchange, Inc. | 538,487 | 48,652 | |
SLM Corp. | 3,345,000 | 46,796 | |
Fifth Third Bancorp | 1,191,000 | 38,064 | |
The Bank of N.T. Butterfield & Son, Ltd. | 1,120,585 | 36,374 | |
S&P Global, Inc. | 118,700 | 36,245 | |
EQT AB | 1,446,647 | 27,831 | |
Antin Infrastructure Partners SA | 1,243,300 | 25,847 | |
Blackstone, Inc., nonvoting shares | 237,500 | 19,879 | |
Arthur J. Gallagher & Co. | 95,624 | 16,373 | |
Progressive Corp. | 105,000 | 12,202 | |
Bridgepoint Group PLC | 5,809,554 | 12,107 | |
OneMain Holdings, Inc. | 300,000 | 8,856 | |
Islandsbanki hf. | 9,555,235 | 8,026 | |
Hong Kong Exchanges and Clearing, Ltd. | 170,000 | 5,772 | |
Jonah Energy Parent, LLC3 | 32,117 | 2,291 | |
Sberbank of Russia PJSC1,3,4 | 8,880,000 | —5 | |
2,244,335 | |||
Information technology 9.36% | |||
Microsoft Corp. | 3,855,454 | 897,935 | |
Broadcom, Inc. | 1,284,321 | 570,252 | |
ASML Holding NV (New York registered) (ADR) | 341,764 | 141,952 | |
Taiwan Semiconductor Manufacturing Company, Ltd. (ADR) | 2,020,000 | 138,491 | |
MKS Instruments, Inc. | 1,600,000 | 132,224 | |
Mastercard, Inc., Class A | 195,977 | 55,724 | |
MicroStrategy, Inc., Class A1 | 203,897 | 43,279 | |
NVIDIA Corp. | 332,696 | 40,386 | |
MediaTek, Inc. | 1,463,000 | 25,462 | |
DocuSign, Inc.1 | 440,000 | 23,527 | |
Paychex, Inc. | 205,595 | 23,070 | |
Apple, Inc. | 150,000 | 20,730 | |
GoDaddy, Inc., Class A1 | 281,000 | 19,917 | |
KLA Corp. | 49,000 | 14,829 | |
Snowflake, Inc., Class A1 | 85,810 | 14,584 | |
Applied Materials, Inc. | 135,000 | 11,061 | |
2,173,423 | |||
Consumer discretionary 8.71% | |||
Aramark | 11,375,152 | 354,905 | |
Home Depot, Inc. | 1,226,200 | 338,358 | |
Amazon.com, Inc.1 | 2,371,740 | 268,007 | |
General Motors Company | 6,325,000 | 202,969 | |
Dollar General Corp. | 612,848 | 146,998 | |
LVMH Moët Hennessy-Louis Vuitton SE | 224,596 | 132,025 | |
Booking Holdings, Inc.1 | 72,045 | 118,385 | |
Target Corp. | 750,000 | 111,293 | |
Etsy, Inc.1 | 840,578 | 84,167 | |
Lennar Corp., Class A | 1,000,000 | 74,550 | |
D.R. Horton, Inc. | 870,000 | 58,595 | |
Royal Caribbean Cruises, Ltd.1 | 1,470,324 | 55,725 | |
YUM! Brands, Inc. | 277,000 | 29,456 | |
Darden Restaurants, Inc. | 142,000 | 17,937 | |
Chipotle Mexican Grill, Inc.1 | 9,709 | 14,590 |
Common stocks (continued) Consumer discretionary (continued) | Shares | Value (000) | |
Xpeng, Inc., Class A (ADR)1 | 703,800 | $8,410 | |
Dr. Martens PLC | 2,375,000 | 5,820 | |
2,022,190 | |||
Consumer staples 5.95% | |||
Philip Morris International, Inc. | 8,992,421 | 746,461 | |
Nestlé SA | 1,954,200 | 211,600 | |
Archer Daniels Midland Company | 1,880,000 | 151,246 | |
British American Tobacco PLC (ADR) | 2,634,146 | 93,512 | |
British American Tobacco PLC | 1,400,000 | 50,063 | |
Altria Group, Inc. | 1,570,000 | 63,397 | |
Avenue Supermarts, Ltd.1 | 970,539 | 52,122 | |
Costco Wholesale Corp. | 26,000 | 12,279 | |
1,380,680 | |||
Industrials 5.88% | |||
Northrop Grumman Corp. | 853,553 | 401,443 | |
Lockheed Martin Corp. | 594,500 | 229,649 | |
L3Harris Technologies, Inc. | 1,094,000 | 227,366 | |
Boeing Company1 | 1,716,206 | 207,798 | |
Caterpillar, Inc. | 618,000 | 101,402 | |
CSX Corp. | 2,628,369 | 70,020 | |
Raytheon Technologies Corp. | 395,000 | 32,335 | |
Huntington Ingalls Industries, Inc. | 100,000 | 22,150 | |
General Electric Co. | 288,000 | 17,830 | |
AMETEK, Inc. | 140,000 | 15,877 | |
Storskogen Group AB, Class B | 18,392,361 | 14,742 | |
Chart Industries, Inc.1 | 68,000 | 12,536 | |
Copart, Inc.1 | 116,000 | 12,342 | |
1,365,490 | |||
Communication services 4.79% | |||
Alphabet, Inc., Class C1 | 3,655,160 | 351,443 | |
Alphabet, Inc., Class A1 | 1,269,460 | 121,424 | |
Charter Communications, Inc., Class A1 | 821,000 | 249,050 | |
Meta Platforms, Inc., Class A1 | 1,383,348 | 187,693 | |
Netflix, Inc.1 | 384,527 | 90,533 | |
Comcast Corp., Class A | 2,874,400 | 84,306 | |
Activision Blizzard, Inc. | 320,000 | 23,789 | |
Electronic Arts, Inc. | 35,000 | 4,050 | |
1,112,288 | |||
Energy 3.80% | |||
Canadian Natural Resources, Ltd. (CAD denominated) | 7,565,100 | 352,145 | |
Pioneer Natural Resources Company | 782,000 | 169,327 | |
ConocoPhillips | 1,252,000 | 128,130 | |
Cenovus Energy, Inc. (CAD denominated) | 7,500,000 | 115,213 | |
Hess Corp. | 400,000 | 43,596 | |
Chevron Corp. | 270,000 | 38,791 | |
TC Energy Corp. | 631,700 | 25,451 | |
Equitrans Midstream Corp. | 718,490 | 5,374 | |
Diamond Offshore Drilling, Inc.1,2 | 333,458 | 2,211 | |
Chesapeake Energy Corp. | 22,089 | 2,081 | |
Earthstone Energy, Inc., Class A1 | 2,033 | 25 | |
McDermott International, Ltd.1 | 40,219 | 18 |
Common stocks (continued) Energy (continued) | Shares | Value (000) | |
Constellation Oil Services Holding SA, Class B-11,3 | 480,336 | $—5 | |
Bighorn Permian Resources, LLC1,3 | 4,392 | —5 | |
882,362 | |||
Materials 3.32% | |||
Corteva, Inc. | 3,900,000 | 222,885 | |
Mosaic Co. | 1,940,000 | 93,760 | |
Nucor Corp. | 700,000 | 74,893 | |
Royal Gold, Inc. | 700,000 | 65,674 | |
Wheaton Precious Metals Corp. | 1,785,000 | 57,763 | |
First Quantum Minerals, Ltd. | 3,220,000 | 54,663 | |
Linde PLC | 168,541 | 45,437 | |
Franco-Nevada Corp. | 347,089 | 41,459 | |
ATI, Inc.1 | 1,350,000 | 35,924 | |
Nutrien, Ltd. (CAD denominated) | 400,272 | 33,381 | |
Vale SA, ordinary nominative shares | 1,750,000 | 23,371 | |
Sherwin-Williams Company | 54,700 | 11,200 | |
Newmont Corp. | 258,158 | 10,850 | |
771,260 | |||
Real estate 1.29% | |||
VICI Properties, Inc. REIT | 5,818,585 | 173,685 | |
Gaming and Leisure Properties, Inc. REIT | 1,593,566 | 70,499 | |
Equinix, Inc. REIT | 53,245 | 30,288 | |
Crown Castle, Inc. REIT | 166,000 | 23,995 | |
298,467 | |||
Utilities 0.61% | |||
CenterPoint Energy, Inc. | 1,474,892 | 41,563 | |
Exelon Corp. | 779,231 | 29,190 | |
AES Corp. | 983,067 | 22,217 | |
Sempra Energy | 132,039 | 19,798 | |
Evergy, Inc. | 298,000 | 17,701 | |
Constellation Energy Corp. | 138,666 | 11,536 | |
142,005 | |||
Total common stocks (cost: $12,158,093,000) | 15,386,868 | ||
Preferred securities 0.00% Industrials 0.00% | |||
ACR III LSC Holdings, LLC, Series B, preferred shares1,3,6 | 450 | 144 | |
Total preferred securities (cost: $466,000) | 144 | ||
Rights & warrants 0.00% Energy 0.00% | |||
Constellation Oil Services Holding SA, Class D, warrants, expire 20711,3 | 4 | —5 | |
Total rights & warrants (cost: $0) | —5 |
Convertible stocks 0.21% Health care 0.21% | Shares | Value (000) | |
Carbon Health Technologies, Inc., convertible preferred shares, 1.00% 20243,4 | 50,000 | $50,000 | |
Total convertible stocks (cost: $50,000,000) | 50,000 | ||
Investment funds 5.88% | |||
Capital Group Central Corporate Bond Fund7 | 171,201,501 | 1,364,476 | |
Total investment funds (cost: $1,713,942,000) | 1,364,476 | ||
Bonds, notes & other debt instruments 23.33% Mortgage-backed obligations 7.78% Federal agency mortgage-backed obligations 7.16% | Principal amount (000) | ||
Fannie Mae Pool #AD7072 4.00% 20258 | USD2 | 2 | |
Fannie Mae Pool #AE2321 4.00% 20258 | 1 | 1 | |
Fannie Mae Pool #AE3069 4.00% 20258 | 1 | 1 | |
Fannie Mae Pool #AH6431 4.00% 20268 | 197 | 191 | |
Fannie Mae Pool #890329 4.00% 20268 | 31 | 30 | |
Fannie Mae Pool #AH5618 4.00% 20268 | 2 | 2 | |
Fannie Mae Pool #AH0829 4.00% 20268 | 1 | 1 | |
Fannie Mae Pool #MA1109 4.00% 20278 | 3 | 2 | |
Fannie Mae Pool #MA3653 3.00% 20298 | 14 | 13 | |
Fannie Mae Pool #AL8347 4.00% 20298 | 213 | 206 | |
Fannie Mae Pool #254767 5.50% 20338 | 214 | 220 | |
Fannie Mae Pool #555956 5.50% 20338 | 137 | 141 | |
Fannie Mae Pool #BN1085 4.00% 20348 | 421 | 409 | |
Fannie Mae Pool #BN3172 4.00% 20348 | 164 | 159 | |
Fannie Mae Pool #AS8554 3.00% 20368 | 6,166 | 5,642 | |
Fannie Mae Pool #929185 5.50% 20368 | 390 | 403 | |
Fannie Mae Pool #893641 6.00% 20368 | 786 | 827 | |
Fannie Mae Pool #893688 6.00% 20368 | 166 | 175 | |
Fannie Mae Pool #907239 6.00% 20368 | 55 | 58 | |
Fannie Mae Pool #AD0249 5.50% 20378 | 115 | 118 | |
Fannie Mae Pool #190379 5.50% 20378 | 57 | 59 | |
Fannie Mae Pool #924952 6.00% 20378 | 876 | 922 | |
Fannie Mae Pool #888292 6.00% 20378 | 590 | 621 | |
Fannie Mae Pool #928031 6.00% 20378 | 68 | 71 | |
Fannie Mae Pool #888637 6.00% 20378 | 10 | 11 | |
Fannie Mae Pool #AD0119 6.00% 20388 | 960 | 1,011 | |
Fannie Mae Pool #AD0095 6.00% 20388 | 715 | 754 | |
Fannie Mae Pool #995674 6.00% 20388 | 320 | 337 | |
Fannie Mae Pool #AE0021 6.00% 20388 | 292 | 309 | |
Fannie Mae Pool #AL7164 6.00% 20388 | 199 | 205 | |
Fannie Mae Pool #AB0538 6.00% 20388 | 112 | 118 | |
Fannie Mae Pool #889983 6.00% 20388 | 19 | 20 | |
Fannie Mae Pool #995391 6.00% 20388 | 15 | 15 | |
Fannie Mae Pool #995224 6.00% 20388 | 8 | 9 | |
Fannie Mae Pool #AD0833 6.00% 20398 | —5 | —5 | |
Fannie Mae Pool #AL0013 6.00% 20408 | 192 | 202 | |
Fannie Mae Pool #AL0309 6.00% 20408 | 66 | 70 | |
Fannie Mae Pool #MA4501 2.00% 20418 | 8,971 | 7,519 | |
Fannie Mae Pool #MA4387 2.00% 20418 | 7,810 | 6,553 | |
Fannie Mae Pool #AB4536 6.00% 20418 | 451 | 471 | |
Fannie Mae Pool #AL7228 6.00% 20418 | 253 | 261 |
Bonds, notes & other debt instruments (continued) Mortgage-backed obligations (continued) Federal agency mortgage-backed obligations (continued) | Principal amount (000) | Value (000) | |
Fannie Mae Pool #FS0305 1.50% 20428 | USD23,229 | $18,608 | |
Fannie Mae Pool #MA4520 2.00% 20428 | 15,207 | 12,746 | |
Fannie Mae Pool #AP2131 3.50% 20428 | 3,214 | 2,948 | |
Fannie Mae Pool #AU8813 4.00% 20438 | 2,266 | 2,155 | |
Fannie Mae Pool #AU9348 4.00% 20438 | 1,318 | 1,256 | |
Fannie Mae Pool #AU9350 4.00% 20438 | 1,063 | 1,011 | |
Fannie Mae Pool #FM9416 3.50% 20458 | 9,116 | 8,341 | |
Fannie Mae Pool #AL8773 3.50% 20458 | 5,425 | 4,989 | |
Fannie Mae Pool #AL8354 3.50% 20458 | 1,359 | 1,250 | |
Fannie Mae Pool #AS8310 3.00% 20468 | 385 | 342 | |
Fannie Mae Pool #AL8522 3.50% 20468 | 2,875 | 2,645 | |
Fannie Mae Pool #BD9699 3.50% 20468 | 1,491 | 1,364 | |
Fannie Mae Pool #BD9307 4.00% 20468 | 1,329 | 1,261 | |
Fannie Mae Pool #BC7611 4.00% 20468 | 114 | 108 | |
Fannie Mae Pool #BM1179 3.00% 20478 | 494 | 440 | |
Fannie Mae Pool #BE1290 3.50% 20478 | 2,174 | 1,989 | |
Fannie Mae Pool #CA0770 3.50% 20478 | 1,585 | 1,453 | |
Fannie Mae Pool #MA3211 4.00% 20478 | 2,738 | 2,598 | |
Fannie Mae Pool #257036 7.00% 20478 | 6 | 6 | |
Fannie Mae Pool #256975 7.00% 20478 | 2 | 2 | |
Fannie Mae Pool #FM3278 3.50% 20488 | 17,330 | 15,868 | |
Fannie Mae Pool #BK5255 4.00% 20488 | 12 | 12 | |
Fannie Mae Pool #MA3277 4.00% 20488 | 11 | 11 | |
Fannie Mae Pool #CA4756 3.00% 20498 | 1,793 | 1,584 | |
Fannie Mae Pool #FM3280 3.50% 20498 | 2,382 | 2,180 | |
Fannie Mae Pool #CA5968 2.50% 20508 | 5,808 | 4,962 | |
Fannie Mae Pool #CA7599 2.50% 20508 | 1,648 | 1,397 | |
Fannie Mae Pool #FM4897 3.00% 20508 | 15,109 | 13,413 | |
Fannie Mae Pool #CB2375 2.50% 20518 | 8,140 | 6,894 | |
Fannie Mae Pool #CA8828 2.50% 20518 | 4,105 | 3,497 | |
Fannie Mae Pool #CB2319 2.50% 20518 | 200 | 169 | |
Fannie Mae Pool #BT9510 2.50% 20518 | 96 | 81 | |
Fannie Mae Pool #BT9483 2.50% 20518 | 96 | 81 | |
Fannie Mae Pool #CB2372 2.50% 20518 | 95 | 80 | |
Fannie Mae Pool #FM8453 3.00% 20518 | 5,016 | 4,425 | |
Fannie Mae Pool #FS0647 3.00% 20528 | 69,580 | 61,691 | |
Fannie Mae Pool #BF0497 3.00% 20608 | 4,272 | 3,716 | |
Fannie Mae, Series 2001-T10, Class A1, 7.00% 20418 | 88 | 90 | |
Fannie Mae, Series 2002-W3, Class A5, 7.50% 20418 | 25 | 27 | |
Fannie Mae, Series 2014-M1, Class A2, Multi Family, 3.343% 20238,9 | 2,102 | 2,081 | |
Fannie Mae, Series 2014-M2, Class A2, Multi Family, 3.513% 20238,9 | 2,215 | 2,187 | |
Fannie Mae, Series 2014-M9, Class A2, Multi Family, 3.103% 20248,9 | 3,867 | 3,762 | |
Fannie Mae, Series 2014-M3, Class A2, Multi Family, 3.501% 20248,9 | 1,624 | 1,599 | |
Fannie Mae, Series 2017-M3, Class A2, Multi Family, 2.554% 20268,9 | 7,429 | 6,824 | |
Fannie Mae, Series 2017-M7, Class A2, Multi Family, 2.961% 20278,9 | 2,653 | 2,491 | |
Fannie Mae, Series 2006-43, Class JO, principal only, 0% 20368 | 42 | 35 | |
Freddie Mac Pool #C91912 3.00% 20378 | 11,354 | 10,407 | |
Freddie Mac Pool #G03978 5.00% 20388 | 441 | 445 | |
Freddie Mac Pool #G04553 6.50% 20388 | 52 | 54 | |
Freddie Mac Pool #G08347 4.50% 20398 | 69 | 68 | |
Freddie Mac Pool #C03518 5.00% 20408 | 577 | 583 | |
Freddie Mac Pool #Q05807 4.00% 20428 | 1,699 | 1,614 | |
Freddie Mac Pool #Q23185 4.00% 20438 | 1,339 | 1,277 | |
Freddie Mac Pool #Q23190 4.00% 20438 | 800 | 764 |
Bonds, notes & other debt instruments (continued) Mortgage-backed obligations (continued) Federal agency mortgage-backed obligations (continued) | Principal amount (000) | Value (000) | |
Freddie Mac Pool #760014 2.77% 20458,9 | USD185 | $181 | |
Freddie Mac Pool #Q37988 4.00% 20458 | 6,038 | 5,723 | |
Freddie Mac Pool #G60344 4.00% 20458 | 5,089 | 4,858 | |
Freddie Mac Pool #Z40130 3.00% 20468 | 4,598 | 4,129 | |
Freddie Mac Pool #Q41909 4.50% 20468 | 244 | 236 | |
Freddie Mac Pool #Q41090 4.50% 20468 | 205 | 198 | |
Freddie Mac Pool #760015 2.546% 20478,9 | 455 | 439 | |
Freddie Mac Pool #Q46021 3.50% 20478 | 1,158 | 1,060 | |
Freddie Mac Pool #SI2002 4.00% 20488 | 2,435 | 2,307 | |
Freddie Mac Pool #SD7528 2.00% 20508 | 18,408 | 15,033 | |
Freddie Mac Pool #SD7545 2.50% 20518 | 7,217 | 6,115 | |
Freddie Mac Pool #RA6483 2.50% 20518 | 7,110 | 6,016 | |
Freddie Mac Pool #RA5971 3.00% 20518 | 7,019 | 6,174 | |
Freddie Mac Pool #SD7554 2.50% 20528 | 95 | 81 | |
Freddie Mac Pool #RA7938 5.00% 20528 | 1,330 | 1,299 | |
Freddie Mac, Series T041, Class 3A, 4.461% 20328,9 | 192 | 185 | |
Freddie Mac, Series K733, Class A2, Multi Family, 3.75% 20258,9 | 9,778 | 9,535 | |
Freddie Mac, Series K734, Class A2, Multi Family, 3.208% 20268 | 7,370 | 7,054 | |
Freddie Mac, Series K076, Class A2, Multi Family, 3.90% 20288 | 3,237 | 3,137 | |
Freddie Mac, Series K143, Class A2, Multi Family, 2.35% 20328 | 19,961 | 16,662 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-2, Class MA, 3.00% 20568 | 5,262 | 4,944 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-2, Class HA, 3.00% 20568,9 | 5,195 | 4,885 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-1, Class HA, 3.00% 20568,9 | 2,717 | 2,557 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-3, Class HA, 3.25% 20568,9 | 1,185 | 1,123 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-4, Class HT, 3.25% 20578,9 | 938 | 867 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2018-2, Class MT, 3.50% 20578 | 1,984 | 1,832 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2018-3, Class MA, 3.50% 20578 | 1,893 | 1,810 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-4, Class MT, 3.50% 20578 | 773 | 715 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2019-2, Class MA, 3.50% 20588 | 9,813 | 9,365 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2019-4, Class MA, 3.00% 20598 | 5,703 | 5,350 | |
Freddie Mac Seasoned Loan Structured Transaction Trust, Series 2018-2, Class A1, 3.50% 20288 | 2,226 | 2,125 | |
Freddie Mac Seasoned Loan Structured Transaction Trust, Series 2019-3, Class A1C, 2.75% 20298 | 2,790 | 2,576 | |
Freddie Mac Seasoned Loan Structured Transaction Trust, Series 2019-1, Class A1, 3.50% 20298 | 4,390 | 4,185 | |
Freddie Mac Seasoned Loan Structured Transaction Trust, Series 2019-1, Class A2, 3.50% 20298 | 2,455 | 2,276 | |
Government National Mortgage Assn. 2.00% 20528,10 | 68,784 | 57,300 | |
Government National Mortgage Assn. 2.50% 20528,10 | 5,866 | 5,042 | |
Government National Mortgage Assn. 3.00% 20528,10 | 98,663 | 87,228 | |
Government National Mortgage Assn. 3.50% 20528,10 | 16,452 | 14,969 | |
Government National Mortgage Assn. 4.00% 20528,10 | 10,004 | 9,339 | |
Government National Mortgage Assn. 4.00% 20528,10 | 6,023 | 5,626 | |
Government National Mortgage Assn. 4.50% 20528,10 | 33,456 | 32,033 | |
Government National Mortgage Assn. Pool #BD7245 4.00% 20488 | 439 | 412 | |
Government National Mortgage Assn. Pool #MA5652 4.50% 20488 | 357 | 347 | |
Government National Mortgage Assn. Pool #MA6602 4.50% 20508 | 214 | 207 | |
Government National Mortgage Assn. Pool #MA7259 4.50% 20518 | 1,826 | 1,776 | |
Government National Mortgage Assn. Pool #MA7316 4.50% 20518 | 511 | 497 | |
Uniform Mortgage-Backed Security 1.50% 20378,10 | 25,420 | 21,803 | |
Uniform Mortgage-Backed Security 2.00% 20378,10 | 27,169 | 23,948 | |
Uniform Mortgage-Backed Security 2.50% 20378,10 | 638 | 578 | |
Uniform Mortgage-Backed Security 2.00% 20528,10 | 182,092 | 147,481 | |
Uniform Mortgage-Backed Security 2.50% 20528,10 | 158,500 | 132,704 | |
Uniform Mortgage-Backed Security 2.50% 20528,10 | 85,659 | 71,891 | |
Uniform Mortgage-Backed Security 3.00% 20528,10 | 150,791 | 131,288 | |
Uniform Mortgage-Backed Security 3.50% 20528,10 | 80,692 | 72,641 |
Bonds, notes & other debt instruments (continued) Mortgage-backed obligations (continued) Federal agency mortgage-backed obligations (continued) | Principal amount (000) | Value (000) | |
Uniform Mortgage-Backed Security 3.50% 20528,10 | USD38,132 | $34,308 | |
Uniform Mortgage-Backed Security 4.00% 20528,10 | 104,800 | 97,194 | |
Uniform Mortgage-Backed Security 4.00% 20528,10 | 27,294 | 25,333 | |
Uniform Mortgage-Backed Security 4.50% 20528,10 | 148,534 | 141,537 | |
Uniform Mortgage-Backed Security 5.00% 20528,10 | 104,000 | 101,206 | |
Uniform Mortgage-Backed Security 5.00% 20528,10 | 20,065 | 19,551 | |
Uniform Mortgage-Backed Security 5.50% 20528,10 | 40,080 | 39,767 | |
Uniform Mortgage-Backed Security 5.50% 20528,10 | 2,710 | 2,694 | |
1,661,752 | |||
Commercial mortgage-backed securities 0.48% | |||
Bank Commercial Mortgage Trust, Series 2020-BN26, Class A4, 2.403% 20638 | 2,909 | 2,402 | |
Bank Commercial Mortgage Trust, Series 2022-BNK40, Class A4, 3.507% 20648,9 | 2,550 | 2,221 | |
Barclays Commercial Mortgage Securities, LLC, Series 2017-DELC, Class A, 3.793% 20366,8,9 | 2,000 | 1,957 | |
Benchmark Mortgage Trust, Series 2018-B2, Class A4, 3.615% 20518 | 1,000 | 923 | |
Benchmark Mortgage Trust, Series 2020-B17, Class A5, 2.289% 20538 | 2,960 | 2,420 | |
Benchmark Mortgage Trust, Series 2022-B35, Class A5, 4.594% 20558,9 | 6,337 | 6,008 | |
BX Trust, Series 2021-SDMF, Class A, (1-month USD-LIBOR + 0.589%) 3.407% 20346,8,9 | 5,954 | 5,669 | |
BX Trust, Series 2021-VOLT, Class A, (1-month USD-LIBOR + 0.70%) 3.518% 20366,8,9 | 4,505 | 4,308 | |
BX Trust, Series 2021-ARIA, Class A, (1-month USD-LIBOR + 0.899%) 3.717% 20366,8,9 | 7,968 | 7,574 | |
BX Trust, Series 2021-ARIA, Class B, (1-month USD-LIBOR + 1.297%) 4.115% 20366,8,9 | 5,968 | 5,580 | |
BX Trust, Series 2021-SOAR, Class A, (1-month USD-LIBOR + 0.67%) 3.488% 20386,8,9 | 7,481 | 7,165 | |
BX Trust, Series 2021-ACNT, Class A, (1-month USD-LIBOR + 0.85%) 3.668% 20386,8,9 | 5,254 | 5,053 | |
BX Trust, Series 2021-SOAR, Class B, (1-month USD-LIBOR + 0.87%) 3.688% 20386,8,9 | 1,351 | 1,286 | |
BX Trust, Series 2021-SOAR, Class C, (1-month USD-LIBOR + 1.10%) 3.918% 20386,8,9 | 1,220 | 1,152 | |
Citigroup Commercial Mortgage Trust, Series 2015-GC29, Class AAB, 2.984% 20488 | 539 | 528 | |
Commercial Mortgage Trust, Series 2015-PC1, Class A5, 3.902% 20508 | 4,735 | 4,561 | |
CSAIL Commercial Mortgage Trust, Series 2015-C4, Class ASB, 3.617% 20488 | 853 | 833 | |
Extended Stay America Trust, Series 2021-ESH, Class A, (1-month USD-LIBOR + 1.08%) 3.898% 20386,8,9 | 1,564 | 1,518 | |
Extended Stay America Trust, Series 2021-ESH, Class B, (1-month USD-LIBOR + 1.38%) 4.198% 20386,8,9 | 1,428 | 1,377 | |
Extended Stay America Trust, Series 2021-ESH, Class C, (1-month USD-LIBOR + 1.70%) 4.518% 20386,8,9 | 1,492 | 1,437 | |
Grace Mortgage Trust, Series 2020-GRCE, Class A, 2.347% 20406,8 | 3,795 | 2,926 | |
GS Mortgage Securities Trust, Series 2020-GC47, Class A5, 2.377% 20538 | 2,489 | 2,040 | |
JPMorgan Chase Commercial Mortgage Securities Trust, Series 2022-OPO, Class A, 3.024% 20396,8 | 1,964 | 1,702 | |
JPMorgan Chase Commercial Mortgage Securities Trust, Series 2022-OPO, Class C, 3.377% 20396,8 | 868 | 740 | |
JPMorgan Chase Commercial Mortgage Securities Trust, Series 2022-OPO, Class C, 3.565% 20396,8,9 | 523 | 432 | |
JPMorgan Chase Commercial Mortgage Securities Trust, Series 2021-410T, Class A, 2.287% 20426,8 | 1,431 | 1,191 | |
LUXE Commercial Mortgage Trust, Series 2021-TRIP, Class A, (1-month USD-LIBOR + 1.05%) 3.868% 20386,8,9 | 3,572 | 3,458 | |
LUXE Commercial Mortgage Trust, Series 2021-TRIP, Class B, (1-month USD-LIBOR + 1.40%) 4.218% 20386,8,9 | 1,904 | 1,830 | |
Manhattan West Mortgage Trust, Series 2020-1MW, Class A, 2.13% 20396,8 | 13,772 | 11,679 | |
MHC Commercial Mortgage Trust, CMO, Series 2021-MHC, Class A, (1-month USD-LIBOR + 0.801%) 3.619% 20266,8,9 | 3,950 | 3,808 | |
Morgan Stanley Bank of America Merrill Lynch Trust, Series 2015-C27, Class ASB, 3.557% 20478 | 610 | 596 | |
Morgan Stanley Bank of America Merrill Lynch Trust, Series 2015-C22, Class ASB, 3.04% 20488 | 525 | 513 | |
SLG Office Trust, Series 2021-OVA, Class A, 2.585% 20416,8 | 2,194 | 1,763 | |
SREIT Trust, Series 2021-MFP, Class A, (1-month USD-LIBOR + 0.731%) 3.549% 20386,8,9 | 4,808 | 4,595 | |
StorageMart Commercial Mortgage Trust, Series 2022-MINI, Class A, (1-month USD CME Term SOFR + 1.00%) 3.846% 20396,8,9 | 10,709 | 10,291 | |
111,536 | |||
Collateralized mortgage-backed obligations (privately originated) 0.14% | |||
Arroyo Mortgage Trust, Series 2021-1R, Class A1, 1.175% 20486,8,9 | 1,158 | 997 | |
Bellemeade Re, Ltd., Series 2019-3A, Class M1B, (1-month USD-LIBOR + 1.60%) 4.684% 20296,8,9 | 946 | 946 | |
Cascade Funding Mortgage Trust, Series 2018-RM2, Class A, 4.00% 20686,8,9 | 1,231 | 1,191 |
Bonds, notes & other debt instruments (continued) Mortgage-backed obligations (continued) Collateralized mortgage-backed obligations (privately originated) (continued) | Principal amount (000) | Value (000) | |
Connecticut Avenue Securities, Series 2021-R01, Class 1M1, (30-day Average USD-SOFR + 0.75%) 3.031% 20416,8,9 | USD486 | $481 | |
Credit Suisse Mortgage Trust, Series 2020-NET, Class A, 2.257% 20376,8 | 4,102 | 3,717 | |
Credit Suisse Mortgage Trust, Series 2017-RPL3, Class A1, 2.00% 20606,8,9 | 2,134 | 1,862 | |
CS First Boston Mortgage Securities Corp., Series 2004-5, Class IVA1, 6.00% 20348 | 149 | 140 | |
Finance of America Structured Securities Trust, Series 2019-JR2, Class A1, 2.00% 20696,8 | 6,298 | 6,524 | |
Finance of America Structured Securities Trust, Series 2019-JR1, Class A, 2.00% 20696,8 | 2,070 | 2,211 | |
Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2015-DNA1, Class M3, (1-month USD-LIBOR + 3.30%) 6.384% 20278,9 | 272 | 274 | |
Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2022-DNA6, Class M1A, (30-day Average USD-SOFR + 2.15%) 4.435% 20426,8,9 | 1,070 | 1,065 | |
Home Partners of America Trust, Series 2021-2, Class A, 1.901% 20266,8 | 4,318 | 3,752 | |
Legacy Mortgage Asset Trust, Series 2019-GS7, Class A1, 3.25% 20596,8,9 | 1,078 | 1,078 | |
MASTR Alternative Loan Trust, Series 2004-2, Class 2A1, 6.00% 20348 | 320 | 302 | |
Mello Warehouse Securitization Trust, Series 2021-3, Class A, (1-month USD-LIBOR + 0.85%) 3.934% 20556,8,9 | 4,040 | 3,893 | |
MRA Issuance Trust, Series 2020-10, Class A3, (1-month USD-LIBOR + 1.30%) 3.864% 20226,8,9 | 1,745 | 1,669 | |
Onslow Bay Financial Mortgage Loan Trust, Series 2022-J1, Class A2, 2.50% 20526,8,9 | 2,812 | 2,246 | |
RMF Proprietary Issuance Trust, Series 2019-1, Class A, 2.75% 20636,8,9 | 375 | 365 | |
32,713 | |||
Total mortgage-backed obligations | 1,806,001 | ||
U.S. Treasury bonds & notes 7.45% U.S. Treasury 4.91% | |||
U.S. Treasury 1.375% 2022 | 280 | 280 | |
U.S. Treasury 1.625% 2022 | 94 | 94 | |
U.S. Treasury 0.125% 2023 | 44,825 | 44,141 | |
U.S. Treasury 1.00% 2024 | 10,725 | 9,993 | |
U.S. Treasury 1.50% 2024 | 907 | 860 | |
U.S. Treasury 2.50% 202411 | 200,000 | 194,168 | |
U.S. Treasury 2.50% 2024 | 700 | 680 | |
U.S. Treasury 3.25% 2024 | 22,613 | 22,199 | |
U.S. Treasury 2.75% 2025 | 3,229 | 3,103 | |
U.S. Treasury 3.00% 2025 | 10,000 | 9,643 | |
U.S. Treasury 3.50% 2025 | 36,530 | 35,769 | |
U.S. Treasury 0.375% 2026 | 45,000 | 39,628 | |
U.S. Treasury 0.50% 2026 | 42,515 | 37,506 | |
U.S. Treasury 0.75% 2026 | 52 | 46 | |
U.S. Treasury 0.875% 2026 | 565 | 497 | |
U.S. Treasury 1.125% 2026 | 471 | 418 | |
U.S. Treasury 1.50% 2026 | 500 | 452 | |
U.S. Treasury 1.625% 2026 | 7,000 | 6,431 | |
U.S. Treasury 1.625% 2026 | 1,500 | 1,371 | |
U.S. Treasury 0.50% 2027 | 36,300 | 30,722 | |
U.S. Treasury 0.625% 2027 | 7,109 | 5,961 | |
U.S. Treasury 1.125% 2027 | 762 | 671 | |
U.S. Treasury 2.375% 2027 | 880 | 816 | |
U.S. Treasury 2.625% 2027 | 96,250 | 90,318 | |
U.S. Treasury 3.125% 2027 | 37,388 | 35,847 | |
U.S. Treasury 1.25% 2028 | 3,142 | 2,675 | |
U.S. Treasury 1.375% 2028 | 10,900 | 9,326 | |
U.S. Treasury 1.50% 2028 | 50,000 | 43,095 | |
U.S. Treasury 2.875% 2028 | 5,217 | 4,902 | |
U.S. Treasury 2.875% 2029 | 50,000 | 46,678 |
Bonds, notes & other debt instruments (continued) U.S. Treasury bonds & notes (continued) U.S. Treasury (continued) | Principal amount (000) | Value (000) | |
U.S. Treasury 0.625% 2030 | USD20,225 | $15,932 | |
U.S. Treasury 1.50% 2030 | 36,651 | 31,105 | |
U.S. Treasury 2.75% 2032 | 108,968 | 99,633 | |
U.S. Treasury 2.875% 2032 | 50,000 | 46,242 | |
U.S. Treasury 1.125% 2040 | 62,775 | 39,301 | |
U.S. Treasury 1.375% 204011 | 52,695 | 34,107 | |
U.S. Treasury 1.75% 2041 | 47,854 | 32,758 | |
U.S. Treasury 2.00% 2041 | 1,181 | 846 | |
U.S. Treasury 3.375% 2042 | 16,326 | 14,790 | |
U.S. Treasury 2.50% 2046 | 3,755 | 2,854 | |
U.S. Treasury 3.00% 2047 | 9,355 | 7,836 | |
U.S. Treasury 3.00% 2048 | 336 | 283 | |
U.S. Treasury 2.25% 2049 | 15,000 | 10,976 | |
U.S. Treasury 1.375% 2050 | 12,500 | 7,244 | |
U.S. Treasury 2.00% 2050 | 13,825 | 9,504 | |
U.S. Treasury 2.00% 2051 | 1,356 | 927 | |
U.S. Treasury 2.375% 2051 | 4,758 | 3,562 | |
U.S. Treasury 2.25% 205211 | 72,025 | 52,339 | |
U.S. Treasury 2.875% 205211 | 59,107 | 49,588 | |
U.S. Treasury 3.00% 2052 | 2,883 | 2,490 | |
1,140,607 | |||
U.S. Treasury inflation-protected securities 2.54% | |||
U.S. Treasury Inflation-Protected Security 0.125% 202412 | 121,252 | 116,581 | |
U.S. Treasury Inflation-Protected Security 0.125% 202412 | 84,101 | 81,183 | |
U.S. Treasury Inflation-Protected Security 0.50% 202412 | 21,942 | 21,308 | |
U.S. Treasury Inflation-Protected Security 0.625% 202412 | 99,537 | 97,141 | |
U.S. Treasury Inflation-Protected Security 0.125% 202512 | 26,381 | 25,011 | |
U.S. Treasury Inflation-Protected Security 0.125% 202512 | 3,882 | 3,668 | |
U.S. Treasury Inflation-Protected Security 0.25% 202512 | 25,018 | 23,924 | |
U.S. Treasury Inflation-Protected Security 0.375% 202512 | 4,623 | 4,414 | |
U.S. Treasury Inflation-Protected Security 0.125% 202612 | 43,326 | 40,457 | |
U.S. Treasury Inflation-Protected Security 0.125% 202612 | 15,179 | 14,138 | |
U.S. Treasury Inflation-Protected Security 0.75% 202812 | 20,655 | 19,415 | |
U.S. Treasury Inflation-Protected Security 0.875% 202912 | 23,285 | 21,900 | |
U.S. Treasury Inflation-Protected Security 0.125% 203112 | 26,917 | 23,520 | |
U.S. Treasury Inflation-Protected Security 0.125% 203212 | 60,201 | 52,119 | |
U.S. Treasury Inflation-Protected Security 1.00% 204912 | 54,844 | 44,722 | |
589,501 | |||
Total U.S. Treasury bonds & notes | 1,730,108 | ||
Corporate bonds, notes & loans 6.11% Financials 1.38% | |||
ACE INA Holdings, Inc. 2.875% 2022 | 3,880 | 3,876 | |
ACE INA Holdings, Inc. 3.35% 2026 | 880 | 833 | |
ACE INA Holdings, Inc. 4.35% 2045 | 400 | 339 | |
Advisor Group Holdings, LLC 6.25% 20286 | 4,470 | 3,873 | |
AerCap Ireland Capital, Ltd. / AerCap Global Aviation Trust 2.45% 2026 | 5,457 | 4,610 | |
AerCap Ireland Capital, Ltd. / AerCap Global Aviation Trust 3.00% 2028 | 4,501 | 3,614 | |
AerCap Ireland Capital, Ltd. / AerCap Global Aviation Trust 3.30% 2032 | 2,838 | 2,138 | |
AerCap Ireland Capital, Ltd. / AerCap Global Aviation Trust 3.40% 2033 | 1,781 | 1,295 | |
AerCap Ireland Capital, Ltd. / AerCap Global Aviation Trust 3.85% 2041 | 1,970 | 1,312 | |
AG Merger Sub II, Inc. 10.75% 20276 | 2,420 | 2,375 |
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Financials (continued) | Principal amount (000) | Value (000) | |
AG TTMT Escrow Issuer, LLC 8.625% 20276 | USD497 | $470 | |
Alliant Holdings Intermediate, LLC / Alliant Holdings 4.25% 20276 | 2,100 | 1,798 | |
Alliant Holdings Intermediate, LLC / Alliant Holdings 5.875% 20296 | 2,295 | 1,869 | |
Ally Financial, Inc. 8.00% 2031 | 3,000 | 3,138 | |
American International Group, Inc. 2.50% 2025 | 15,800 | 14,756 | |
AmWINS Group, Inc. 4.875% 20296 | 1,348 | 1,122 | |
Aretec Escrow Issuer, Inc. 7.50% 20296 | 1,000 | 839 | |
Banco Santander, SA 5.147% 2025 | 2,400 | 2,330 | |
Bangkok Bank PCL 3.733% 2034 (5-year UST Yield Curve Rate T Note Constant Maturity + 1.90% on 9/25/2029)13 | 2,428 | 1,998 | |
Bank of America Corp. 3.55% 2024 (3-month USD-LIBOR + 0.78% on 3/5/2023)13 | 6,000 | 5,954 | |
Bank of America Corp. 1.197% 2026 (USD-SOFR + 1.01% on 10/24/2025)13 | 2,500 | 2,183 | |
Bank of America Corp. 1.734% 2027 (USD-SOFR + 0.96% on 7/22/2026)13 | 1,565 | 1,344 | |
Bank of America Corp. 3.419% 2028 (3-month USD-LIBOR + 1.04% on 12/20/2027)13 | 2,345 | 2,085 | |
Bank of America Corp. 1.922% 2031 (USD-SOFR + 1.37% on 10/24/2030)13 | 1,000 | 741 | |
Bank of America Corp. 5.015% 2033 (USD-SOFR + 2.16% on 7/22/2032)13 | 4,351 | 4,042 | |
Bank of Nova Scotia 1.625% 2023 | 5,000 | 4,920 | |
Berkshire Hathaway, Inc. 2.75% 2023 | 1,615 | 1,607 | |
Berkshire Hathaway, Inc. 3.125% 2026 | 500 | 475 | |
Blackstone Private Credit Fund 7.05% 20256 | 2,510 | 2,481 | |
BNP Paribas 2.159% 2029 (USD-SOFR + 1.218% on 9/15/2028)6,13 | 2,400 | 1,880 | |
Castlelake Aviation Finance DAC 5.00% 20276 | 3,370 | 2,870 | |
Citigroup, Inc. 5.61% 2026 (USD-SOFR + 1.546% on 12/29/2025)13 | 8,000 | 7,961 | |
Citigroup, Inc. 2.976% 2030 (USD-SOFR + 1.422% on 11/5/2029)13 | 3,254 | 2,678 | |
CME Group, Inc. 3.75% 2028 | 3,425 | 3,237 | |
Coinbase Global, Inc. 3.375% 20286 | 2,625 | 1,647 | |
Coinbase Global, Inc. 3.625% 20316 | 2,875 | 1,600 | |
Commonwealth Bank of Australia 3.35% 2024 | 1,225 | 1,198 | |
Commonwealth Bank of Australia 3.35% 20246 | 1,000 | 978 | |
Commonwealth Bank of Australia 2.688% 20316 | 4,575 | 3,441 | |
Compass Diversified Holdings 5.25% 20296 | 820 | 645 | |
Compass Diversified Holdings 5.00% 20326 | 715 | 526 | |
Corebridge Financial, Inc. 3.50% 20256 | 642 | 611 | |
Corebridge Financial, Inc. 3.65% 20276 | 914 | 836 | |
Corebridge Financial, Inc. 3.85% 20296 | 621 | 548 | |
Corebridge Financial, Inc. 3.90% 20326 | 351 | 297 | |
Corebridge Financial, Inc. 4.35% 20426 | 203 | 157 | |
Corebridge Financial, Inc. 4.40% 20526 | 489 | 373 | |
Crédit Agricole SA 4.375% 20256 | 850 | 817 | |
Credit Suisse Group AG 3.80% 2023 | 1,625 | 1,600 | |
Credit Suisse Group AG 3.869% 2029 (3-month USD-LIBOR + 1.41% on 1/12/2028)6,13 | 800 | 654 | |
Danske Bank AS 3.773% 2025 (1-year UST Yield Curve Rate T Note Constant Maturity + 1.45% on 3/28/2024)6,13 | 6,000 | 5,774 | |
Deutsche Bank AG 2.129% 2026 (USD-SOFR + 1.87% on 11/24/2025)13 | 2,212 | 1,880 | |
Deutsche Bank AG 2.311% 2027 (USD-SOFR + 1.219% on 11/16/2026)13 | 2,788 | 2,265 | |
Deutsche Bank AG 2.552% 2028 (USD-SOFR + 1.318% on 1/7/2027)13 | 5,000 | 4,065 | |
Digital Currency Group, Inc., Term Loan, (3-month USD-LIBOR + 7.00%) 8.00% 20263,9,14 | 816 | 734 | |
Digital Currency Group, Inc., Term Loan, 8.75% 20263,14 | 1,089 | 905 | |
FS Energy and Power Fund 7.50% 20236 | 1,995 | 1,996 | |
Goldman Sachs Group, Inc. 1.948% 2027 (USD-SOFR + 0.913% on 10/21/2026)13 | 2,198 | 1,882 | |
Goldman Sachs Group, Inc. 2.64% 2028 (USD-SOFR + 1.114% on 2/24/2027)13 | 4,000 | 3,475 | |
Goldman Sachs Group, Inc. 3.814% 2029 (3-month USD-LIBOR + 1.158% on 4/23/2028)13 | 390 | 346 | |
Goldman Sachs Group, Inc. 2.615% 2032 (USD-SOFR + 1.281% on 4/22/2031)13 | 2,323 | 1,803 | |
Goldman Sachs Group, Inc. 3.21% 2042 (USD-SOFR + 1.513% on 4/22/2041)13 | 2,000 | 1,361 | |
Groupe BPCE SA 2.75% 20236 | 600 | 597 |
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Financials (continued) | Principal amount (000) | Value (000) | |
Groupe BPCE SA 5.70% 20236 | USD2,250 | $2,226 | |
Groupe BPCE SA 5.15% 20246 | 3,710 | 3,620 | |
Groupe BPCE SA 1.00% 20266 | 3,000 | 2,595 | |
Hightower Holding, LLC 6.75% 20296 | 870 | 711 | |
HSBC Holdings PLC 4.25% 2024 | 3,000 | 2,939 | |
HSBC Holdings PLC 2.633% 2025 (3-month USD-LIBOR + 1.14% on 11/7/2024)13 | 625 | 581 | |
HSBC Holdings PLC 2.099% 2026 (USD-SOFR + 1.929% on 6/4/2025)13 | 3,000 | 2,689 | |
HSBC Holdings PLC 3.973% 2030 (3-month USD-LIBOR + 1.61% on 5/22/2029)13 | 1,500 | 1,271 | |
Icahn Enterprises Finance Corp. 5.25% 2027 | 1,185 | 1,040 | |
Icahn Enterprises Finance Corp. 4.375% 2029 | 1,525 | 1,231 | |
Intercontinental Exchange, Inc. 2.65% 2040 | 7,425 | 5,016 | |
Intesa Sanpaolo SpA 3.375% 20236 | 750 | 746 | |
Intesa Sanpaolo SpA 3.25% 20246 | 750 | 707 | |
Intesa Sanpaolo SpA 5.017% 20246 | 1,730 | 1,614 | |
Intesa Sanpaolo SpA 3.875% 20276 | 300 | 261 | |
JPMorgan Chase & Co. 3.559% 2024 (3-month USD-LIBOR + 0.73% on 4/23/2023)13 | 4,725 | 4,678 | |
JPMorgan Chase & Co. 4.08% 2026 (USD-SOFR + 1.32% on 4/26/2025)13 | 6,000 | 5,781 | |
JPMorgan Chase & Co. 4.323% 2028 (USD-SOFR + 1.56% on 4/26/2027)13 | 4,000 | 3,752 | |
JPMorgan Chase & Co. 4.851% 2028 (USD-SOFR + 1.99% on 7/25/2027)13 | 3,740 | 3,595 | |
JPMorgan Chase & Co. 4.586% 2033 (USD-SOFR + 1.80% on 4/26/2032)13 | 299 | 270 | |
JPMorgan Chase & Co. 4.912% 2033 (USD-SOFR + 2.08% on 7/25/2032)13 | 3,982 | 3,677 | |
Kasikornbank PCL HK 3.343% 2031 (5-year UST Yield Curve Rate T Note Constant Maturity + 1.70% on 10/2/2026)13 | 1,222 | 1,065 | |
Ladder Capital Corp. 4.25% 20276 | 3,757 | 3,031 | |
Lloyds Banking Group PLC 2.907% 2023 (3-month USD-LIBOR + 0.81% on 11/7/2022)13 | 750 | 748 | |
Lloyds Banking Group PLC 4.05% 2023 | 2,000 | 1,979 | |
Lloyds Banking Group PLC 1.627% 2027 (1-year UST Yield Curve Rate T Note Constant Maturity + 0.85% on 5/11/2026)13 | 800 | 680 | |
Lloyds Banking Group PLC 4.375% 2028 | 2,150 | 1,958 | |
LPL Holdings, Inc. 4.625% 20276 | 2,700 | 2,452 | |
LPL Holdings, Inc. 4.375% 20316 | 1,805 | 1,501 | |
Marsh & McLennan Companies, Inc. 3.875% 2024 | 820 | 809 | |
Marsh & McLennan Companies, Inc. 4.375% 2029 | 1,705 | 1,622 | |
Marsh & McLennan Companies, Inc. 4.90% 2049 | 719 | 640 | |
Marsh & McLennan Companies, Inc. 2.90% 2051 | 920 | 572 | |
MGIC Investment Corp. 5.25% 2028 | 1,175 | 1,052 | |
Mitsubishi UFJ Financial Group, Inc. 2.801% 2024 | 1,610 | 1,546 | |
Morgan Stanley 3.737% 2024 (3-month USD-LIBOR + 0.847% on 4/24/2023)13 | 300 | 297 | |
Morgan Stanley 3.125% 2026 | 325 | 300 | |
Morgan Stanley 4.679% 2026 (USD-SOFR + 1.669% on 7/17/2025)13 | 2,450 | 2,387 | |
Morgan Stanley 2.699% 2031 (USD-SOFR + 1.143% on 1/22/2030)13 | 2,000 | 1,624 | |
Morgan Stanley 3.217% 2042 (USD-SOFR + 1.485% on 4/22/2041)13 | 856 | 598 | |
MSCI, Inc. 3.625% 20316 | 2,225 | 1,788 | |
National Australia Bank, Ltd. 1.887% 20276 | 5,000 | 4,421 | |
Navient Corp. 5.50% 2023 | 1,594 | 1,587 | |
Navient Corp. 5.875% 2024 | 1,005 | 954 | |
Navient Corp. 6.125% 2024 | 8,030 | 7,831 | |
Navient Corp. 6.75% 2026 | 300 | 273 | |
Navient Corp. 5.50% 2029 | 5,980 | 4,554 | |
New York Life Global Funding 2.35% 20266 | 590 | 538 | |
Northwestern Mutual Global Funding 1.75% 20276 | 9,400 | 8,164 | |
Onemain Finance Corp. 3.875% 2028 | 756 | 558 | |
Owl Rock Capital Corp. 3.75% 2025 | 2,874 | 2,642 | |
Owl Rock Capital Corp. 4.00% 2025 | 102 | 96 |
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Financials (continued) | Principal amount (000) | Value (000) | |
Owl Rock Capital Corp. 3.40% 2026 | USD1,290 | $1,108 | |
Owl Rock Capital Corp. II 4.625% 20246 | 2,305 | 2,173 | |
Owl Rock Capital Corp. III 3.125% 20276 | 2,520 | 2,045 | |
Owl Rock Core Income Corp. 4.70% 2027 | 2,500 | 2,193 | |
Oxford Finance, LLC / Oxford Finance Co-Issuer II, Inc. 6.375% 20276 | 1,125 | 1,055 | |
PNC Financial Services Group, Inc. 2.854% 202213 | 1,445 | 1,444 | |
PNC Financial Services Group, Inc. 3.90% 2024 | 2,000 | 1,972 | |
Power Financial Corp., Ltd. 5.25% 2028 | 383 | 363 | |
Power Financial Corp., Ltd. 6.15% 2028 | 350 | 345 | |
Power Financial Corp., Ltd. 4.50% 2029 | 554 | 497 | |
Power Financial Corp., Ltd. 3.95% 2030 | 1,213 | 1,024 | |
Prudential Financial, Inc. 4.35% 2050 | 2,205 | 1,825 | |
Prudential Financial, Inc. 3.70% 2051 | 755 | 558 | |
Quicken Loans, LLC 3.625% 20296 | 1,505 | 1,162 | |
Rabobank Nederland 4.375% 2025 | 4,500 | 4,304 | |
Rocket Mortgage / Rocket Mortgage Co-Issuer, Inc. 2.875% 20266 | 2,110 | 1,733 | |
Royal Bank of Canada 1.15% 2025 | 4,711 | 4,256 | |
Ryan Specialty Group, LLC 4.375% 20306 | 270 | 229 | |
Springleaf Finance Corp. 6.125% 2024 | 2,550 | 2,460 | |
Starwood Property Trust, Inc. 5.50% 20236 | 1,160 | 1,142 | |
Starwood Property Trust, Inc. 4.375% 20276 | 1,540 | 1,315 | |
Swiss Re Finance (Luxembourg) SA 5.00% 2049 (5-year UST Yield Curve Rate T Note Constant Maturity + 3.582% on 4/2/2029)6,13 | 2,800 | 2,462 | |
Toronto-Dominion Bank 2.65% 2024 | 625 | 601 | |
Toronto-Dominion Bank 0.75% 2025 | 5,375 | 4,744 | |
Toronto-Dominion Bank 1.25% 2026 | 2,425 | 2,079 | |
Toronto-Dominion Bank 1.95% 2027 | 2,500 | 2,178 | |
Toronto-Dominion Bank 2.45% 2032 | 1,500 | 1,157 | |
Travelers Companies, Inc. 4.00% 2047 | 860 | 697 | |
U.S. Bancorp 2.375% 2026 | 4,000 | 3,660 | |
UBS Group AG 4.125% 20256 | 2,750 | 2,628 | |
UniCredit SpA 4.625% 20276 | 625 | 564 | |
Wells Fargo & Company 2.164% 2026 (3-month USD-LIBOR + 0.75% on 2/11/2025)13 | 8,000 | 7,371 | |
Wells Fargo & Company 3.526% 2028 (USD-SOFR + 1.51% on 3/24/2027)13 | 4,337 | 3,932 | |
Wells Fargo & Company 2.879% 2030 (3-month USD-LIBOR + 1.17% on 10/30/2029)13 | 729 | 600 | |
Westpac Banking Corp. 2.75% 2023 | 1,750 | 1,743 | |
Westpac Banking Corp. 2.894% 2030 (5-year UST Yield Curve Rate T Note Constant Maturity + 1.35% on 2/4/2025)13 | 3,000 | 2,761 | |
Westpac Banking Corp. 2.668% 2035 (5-year UST Yield Curve Rate T Note Constant Maturity + 1.75% on 11/15/2030)13 | 3,325 | 2,451 | |
Westpac Banking Corp. 2.963% 2040 | 1,500 | 960 | |
321,112 | |||
Energy 0.70% | |||
Antero Midstream Partners, LP 5.375% 20296 | 2,170 | 1,920 | |
Antero Resources Corp. 7.625% 20296 | 955 | 955 | |
Ascent Resources - Utica, LLC 7.00% 20266 | 2,000 | 1,930 | |
Ascent Resources - Utica, LLC 5.875% 20296 | 1,270 | 1,133 | |
Bonanza Creek Energy, Inc. 5.00% 20266 | 480 | 437 | |
BP Capital Markets America, Inc. 2.772% 2050 | 681 | 424 | |
Canadian Natural Resources, Ltd. 2.95% 2023 | 1,935 | 1,926 | |
Canadian Natural Resources, Ltd. 2.05% 2025 | 961 | 877 | |
Canadian Natural Resources, Ltd. 4.95% 2047 | 1,559 | 1,330 | |
Cheniere Energy Partners, LP 4.50% 2029 | 1,085 | 958 |
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Energy (continued) | Principal amount (000) | Value (000) | |
Cheniere Energy Partners, LP 4.00% 2031 | USD4,485 | $3,770 | |
Cheniere Energy Partners, LP 3.25% 2032 | 998 | 768 | |
Cheniere Energy, Inc. 4.625% 2028 | 4,645 | 4,272 | |
Chesapeake Energy Corp. 4.875% 202215 | 7,225 | 199 | |
Chesapeake Energy Corp. 5.50% 20266 | 685 | 657 | |
Chesapeake Energy Corp. 5.875% 20296 | 2,240 | 2,080 | |
CNX Midstream Partners, LP 4.75% 20306 | 1,055 | 830 | |
CNX Resources Corp. 7.25% 20276 | 1,725 | 1,682 | |
CNX Resources Corp. 6.00% 20296 | 2,675 | 2,447 | |
CNX Resources Corp. 7.375% 20316 | 553 | 542 | |
Comstock Resources, Inc. 5.875% 20306 | 450 | 393 | |
Constellation Oil Services Holding SA 13.50% 20253,6 | 1,121 | 1,120 | |
Constellation Oil Services Holding SA 4.00% PIK 202616 | 428 | 353 | |
Diamond Foreign Asset Co. / Diamond Finance, LLC 9.00% Cash 20276,9,16 | 204 | 189 | |
Diamond Foreign Asset Co. / Diamond Finance, LLC 9.00% Cash 202716 | 185 | 171 | |
Diamondback Energy, Inc. 4.40% 2051 | 1,555 | 1,175 | |
DT Midstream, Inc. 4.375% 20316 | 1,680 | 1,388 | |
Enbridge Energy Partners, LP, Series B, 7.50% 2038 | 300 | 324 | |
Enbridge, Inc. 4.00% 2023 | 278 | 276 | |
Enbridge, Inc. 2.50% 2025 | 300 | 282 | |
Enbridge, Inc. 3.70% 2027 | 62 | 58 | |
Energy Transfer Operating, LP 5.00% 2050 | 1,869 | 1,465 | |
Energy Transfer Partners, LP 4.50% 2024 | 1,210 | 1,192 | |
Energy Transfer Partners, LP 4.75% 2026 | 2,494 | 2,406 | |
Energy Transfer Partners, LP 6.25% 2049 | 643 | 572 | |
Enterprise Products Operating, LLC 4.90% 2046 | 500 | 426 | |
EQM Midstream Partners, LP 4.125% 2026 | 686 | 583 | |
EQM Midstream Partners, LP 6.50% 20276 | 1,690 | 1,564 | |
EQM Midstream Partners, LP 5.50% 2028 | 3,088 | 2,646 | |
EQM Midstream Partners, LP 7.50% 20306 | 642 | 608 | |
EQM Midstream Partners, LP 4.75% 20316 | 1,635 | 1,302 | |
EQT Corp. 5.00% 2029 | 340 | 318 | |
EQT Corp. 7.25% 203013 | 1,110 | 1,148 | |
EQT Corp. 3.625% 20316 | 400 | 334 | |
Equinor ASA 3.00% 2027 | 4,000 | 3,696 | |
Equinor ASA 3.625% 2028 | 3,685 | 3,438 | |
Exxon Mobil Corp. 2.019% 2024 | 643 | 614 | |
Exxon Mobil Corp. 2.44% 2029 | 1,963 | 1,689 | |
Exxon Mobil Corp. 3.452% 2051 | 1,000 | 747 | |
Genesis Energy, LP 6.50% 2025 | 4,280 | 3,874 | |
Genesis Energy, LP 6.25% 2026 | 1,805 | 1,570 | |
Genesis Energy, LP 8.00% 2027 | 4,612 | 4,053 | |
Genesis Energy, LP 7.75% 2028 | 470 | 409 | |
Halliburton Company 3.80% 2025 | 6 | 6 | |
Harvest Midstream I, LP 7.50% 20286 | 850 | 796 | |
Hess Midstream Operations, LP 4.25% 20306 | 960 | 777 | |
Hess Midstream Operations, LP 5.50% 20306 | 400 | 344 | |
Hess Midstream Partners, LP 5.125% 20286 | 2,155 | 1,890 | |
Hilcorp Energy I, LP 6.00% 20306 | 350 | 306 | |
Hilcorp Energy I, LP 6.00% 20316 | 460 | 400 | |
Holly Energy Partners, LP / Holly Energy Finance Corp. 6.375% 20276 | 545 | 521 | |
Kinder Morgan, Inc. 5.45% 2052 | 1,238 | 1,075 | |
Marathon Oil Corp. 4.40% 2027 | 1,005 | 940 | |
MPLX, LP 4.125% 2027 | 500 | 467 |
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Energy (continued) | Principal amount (000) | Value (000) | |
MPLX, LP 2.65% 2030 | USD4,273 | $3,354 | |
MPLX, LP 4.50% 2038 | 750 | 605 | |
MPLX, LP 4.70% 2048 | 1,101 | 842 | |
MPLX, LP 5.50% 2049 | 2,566 | 2,185 | |
New Fortress Energy, Inc. 6.75% 20256 | 1,065 | 1,011 | |
New Fortress Energy, Inc. 6.50% 20266 | 2,435 | 2,253 | |
NGL Energy Operating, LLC 7.50% 20266 | 13,390 | 11,931 | |
NGL Energy Partners, LP 6.125% 2025 | 3,422 | 2,743 | |
Oasis Midstream Partners, LP / OMP Finance Corp. 8.00% 20296 | 4,265 | 4,114 | |
Oasis Petroleum, Inc. 6.375% 20266 | 1,945 | 1,857 | |
ONEOK, Inc. 5.85% 2026 | 1,702 | 1,708 | |
ONEOK, Inc. 5.20% 2048 | 1,576 | 1,259 | |
Parkland Corp. 4.625% 20306 | 1,035 | 841 | |
Petróleos Mexicanos 6.875% 2025 | 3,755 | 3,537 | |
Petróleos Mexicanos 5.35% 2028 | 1,870 | 1,426 | |
Petróleos Mexicanos 6.75% 2047 | 1,996 | 1,116 | |
Pioneer Natural Resources Company 2.15% 2031 | 1,669 | 1,288 | |
Plains All American Pipeline, LP 3.80% 2030 | 113 | 95 | |
Range Resources Corp. 8.25% 2029 | 1,040 | 1,060 | |
Range Resources Corp. 4.75% 20306 | 1,670 | 1,452 | |
Rockies Express Pipeline, LLC 4.95% 20296 | 2,689 | 2,312 | |
Schlumberger BV 3.75% 20246 | 495 | 486 | |
Schlumberger BV 4.00% 20256 | 70 | 68 | |
Southwestern Energy Co. 7.75% 2027 | 2,450 | 2,496 | |
Southwestern Energy Co. 8.375% 2028 | 395 | 410 | |
Southwestern Energy Co. 5.375% 2029 | 1,355 | 1,232 | |
Southwestern Energy Co. 5.375% 2030 | 1,945 | 1,757 | |
Southwestern Energy Co. 4.75% 2032 | 960 | 807 | |
Statoil ASA 3.25% 2024 | 2,850 | 2,770 | |
Statoil ASA 4.25% 2041 | 2,000 | 1,725 | |
Sunoco, LP 4.50% 2029 | 1,050 | 873 | |
Sunoco, LP 4.50% 2030 | 1,255 | 1,028 | |
Targa Resources Partners, LP 5.50% 2030 | 2,260 | 2,033 | |
Teekay Offshore Partners, LP 8.50% 20233,6,15 | 3,550 | 887 | |
Total SE 2.986% 2041 | 88 | 63 | |
TransCanada PipeLines, Ltd. 4.25% 2028 | 1,090 | 1,011 | |
TransCanada PipeLines, Ltd. 4.10% 2030 | 598 | 536 | |
TransCanada PipeLines, Ltd. 4.75% 2038 | 2,000 | 1,744 | |
TransCanada PipeLines, Ltd. 4.875% 2048 | 700 | 605 | |
Valero Energy Corp. 4.00% 2029 | 4,000 | 3,664 | |
Venture Global Calcasieu Pass, LLC 4.125% 20316 | 840 | 699 | |
Weatherford International, Ltd. 11.00% 20246 | 996 | 1,015 | |
Weatherford International, Ltd. 6.50% 20286 | 2,380 | 2,145 | |
Weatherford International, Ltd. 8.625% 20306 | 7,355 | 6,422 | |
Western Gas Partners, LP 4.50% 2028 | 3,018 | 2,736 | |
Western Midstream Operating, LP 4.30% 203013 | 1,125 | 965 | |
Williams Companies, Inc. 3.50% 2030 | 1,094 | 930 | |
163,138 | |||
Health care 0.68% | |||
AbbVie, Inc. 3.80% 2025 | 206 | 200 | |
AbbVie, Inc. 2.95% 2026 | 1,445 | 1,325 | |
AdaptHealth, LLC 5.125% 20306 | 830 | 686 | |
AmerisourceBergen Corp. 0.737% 2023 | 1,291 | 1,270 |
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Health care (continued) | Principal amount (000) | Value (000) | |
Amgen, Inc. 4.20% 2052 | USD875 | $689 | |
Amgen, Inc. 4.40% 2062 | 1,697 | 1,330 | |
Anthem, Inc. 2.375% 2025 | 818 | 773 | |
AstraZeneca Finance, LLC 1.20% 2026 | 3,786 | 3,322 | |
AstraZeneca Finance, LLC 1.75% 2028 | 1,871 | 1,575 | |
AstraZeneca Finance, LLC 2.25% 2031 | 742 | 604 | |
AstraZeneca PLC 3.375% 2025 | 1,140 | 1,088 | |
Bausch Health Companies, Inc. 4.875% 20286 | 5,775 | 3,733 | |
Bausch Health Companies, Inc. 5.00% 20286 | 1,735 | 642 | |
Bausch Health Companies, Inc. 5.00% 20296 | 1,000 | 390 | |
Baxter International, Inc. 1.322% 2024 | 7,109 | 6,569 | |
Baxter International, Inc. 1.915% 2027 | 4,739 | 4,130 | |
Baxter International, Inc. 2.272% 2028 | 3,180 | 2,629 | |
Bayer US Finance II, LLC 3.875% 20236 | 1,685 | 1,654 | |
Becton, Dickinson and Company 3.363% 2024 | 198 | 192 | |
Boston Scientific Corp. 3.45% 2024 | 313 | 306 | |
Centene Corp. 4.25% 2027 | 565 | 518 | |
Centene Corp. 2.45% 2028 | 1,325 | 1,081 | |
Centene Corp. 4.625% 2029 | 1,265 | 1,140 | |
Centene Corp. 3.00% 2030 | 5,365 | 4,260 | |
Cigna Corp. 3.75% 2023 | 245 | 243 | |
Cigna Corp. 4.80% 2038 | 2,692 | 2,393 | |
Community Health Systems, Inc. 5.625% 20276 | 1,960 | 1,512 | |
Community Health Systems, Inc. 5.25% 20306 | 3,675 | 2,567 | |
Eli Lilly and Company 3.375% 2029 | 1,353 | 1,254 | |
GlaxoSmithKline PLC 3.625% 2025 | 2,825 | 2,750 | |
HCA, Inc. 3.375% 20296 | 804 | 682 | |
HCA, Inc. 3.50% 2030 | 4,050 | 3,353 | |
HCA, Inc. 3.625% 20326 | 1,000 | 810 | |
HCA, Inc. 4.375% 20426 | 1,500 | 1,124 | |
HCA, Inc. 4.625% 20526 | 1,450 | 1,092 | |
Jazz Securities DAC 4.375% 20296 | 1,975 | 1,710 | |
Merck & Co., Inc. 1.90% 2028 | 1,055 | 886 | |
Merck & Co., Inc. 2.75% 2051 | 1,103 | 722 | |
Molina Healthcare, Inc. 4.375% 20286 | 440 | 398 | |
Molina Healthcare, Inc. 3.875% 20306 | 2,899 | 2,437 | |
Molina Healthcare, Inc. 3.875% 20326 | 3,855 | 3,163 | |
Novant Health, Inc. 3.168% 2051 | 3,750 | 2,602 | |
Novartis Capital Corp. 1.75% 2025 | 1,250 | 1,173 | |
Novartis Capital Corp. 2.00% 2027 | 2,386 | 2,143 | |
Owens & Minor, Inc. 4.375% 2024 | 5,615 | 5,464 | |
Owens & Minor, Inc. 4.50% 20296 | 3,685 | 2,898 | |
Par Pharmaceutical, Inc. 7.50% 20276 | 6,678 | 5,291 | |
Pfizer, Inc. 2.95% 2024 | 675 | 661 | |
Shire PLC 2.875% 2023 | 1,365 | 1,336 | |
Summa Health 3.511% 2051 | 1,655 | 1,133 | |
Tenet Healthcare Corp. 4.875% 20266 | 11,225 | 10,446 | |
Tenet Healthcare Corp. 4.25% 20296 | 2,060 | 1,709 | |
Tenet Healthcare Corp. 4.375% 20306 | 1,925 | 1,611 | |
Teva Pharmaceutical Finance Co. BV 6.00% 2024 | 7,016 | 6,821 | |
Teva Pharmaceutical Finance Co. BV 7.125% 2025 | 935 | 912 | |
Teva Pharmaceutical Finance Co. BV 3.15% 2026 | 17,790 | 14,621 | |
Teva Pharmaceutical Finance Co. BV 5.125% 2029 | 7,495 | 6,201 | |
Teva Pharmaceutical Finance Co. BV 4.10% 2046 | 3,550 | 2,127 |
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Health care (continued) | Principal amount (000) | Value (000) | |
UnitedHealth Group, Inc. 1.15% 2026 | USD2,610 | $2,313 | |
UnitedHealth Group, Inc. 4.00% 2029 | 3,541 | 3,303 | |
UnitedHealth Group, Inc. 2.00% 2030 | 974 | 785 | |
UnitedHealth Group, Inc. 2.30% 2031 | 1,312 | 1,058 | |
UnitedHealth Group, Inc. 4.20% 2032 | 767 | 713 | |
UnitedHealth Group, Inc. 3.05% 2041 | 3,875 | 2,824 | |
UnitedHealth Group, Inc. 3.25% 2051 | 2,504 | 1,745 | |
UnitedHealth Group, Inc. 4.75% 2052 | 7,505 | 6,729 | |
Valeant Pharmaceuticals International, Inc. 5.50% 20256 | 4,775 | 3,801 | |
157,622 | |||
Consumer discretionary 0.64% | |||
Allied Universal Holdco, LLC 4.625% 20286 | 1,660 | 1,282 | |
Amazon.com, Inc. 2.70% 2060 | 2,765 | 1,640 | |
American Honda Finance Corp. 3.50% 2028 | 750 | 691 | |
Asbury Automotive Group, Inc. 4.625% 20296 | 2,115 | 1,696 | |
Atlas LuxCo 4 SARL 4.625% 20286 | 1,065 | 806 | |
Bayerische Motoren Werke AG 2.25% 20236 | 300 | 293 | |
Caesars Entertainment, Inc. 6.25% 20256 | 2,815 | 2,718 | |
Carnival Corp. 4.00% 20286 | 3,875 | 3,132 | |
Carvana Co. 5.50% 20276 | 3,661 | 2,002 | |
Carvana Co. 5.875% 20286 | 3,474 | 1,769 | |
Carvana Co. 4.875% 20296 | 2,055 | 1,005 | |
Daimler Trucks Finance North America, LLC 3.50% 20256 | 2,000 | 1,901 | |
Daimler Trucks Finance North America, LLC 2.00% 20266 | 2,400 | 2,068 | |
Daimler Trucks Finance North America, LLC 3.65% 20276 | 450 | 412 | |
Daimler Trucks Finance North America, LLC 2.375% 20286 | 1,350 | 1,103 | |
Fertitta Entertainment, Inc. 4.625% 20296 | 3,580 | 2,968 | |
Fertitta Entertainment, Inc. 6.75% 20306 | 1,790 | 1,364 | |
First Student Bidco, Inc. / First Transit Parent, Inc. 4.00% 20296 | 1,300 | 1,056 | |
Ford Motor Credit Company, LLC 5.125% 2025 | 3,855 | 3,644 | |
Ford Motor Credit Company, LLC 2.70% 2026 | 2,110 | 1,753 | |
Ford Motor Credit Company, LLC 4.542% 2026 | 2,455 | 2,189 | |
General Motors Financial Co. 2.35% 2027 | 783 | 665 | |
Hanesbrands, Inc. 4.875% 20266 | 2,700 | 2,431 | |
Hilton Grand Vacations Borrower 5.00% 20296 | 3,580 | 2,895 | |
Hilton Worldwide Holdings, Inc. 4.00% 20316 | 1,885 | 1,527 | |
Home Depot, Inc. 1.50% 2028 | 3,000 | 2,489 | |
Home Depot, Inc. 3.90% 2028 | 825 | 785 | |
Home Depot, Inc. 2.95% 2029 | 4,000 | 3,551 | |
Home Depot, Inc. 1.875% 2031 | 3,000 | 2,328 | |
Home Depot, Inc. 4.25% 2046 | 2,000 | 1,696 | |
Home Depot, Inc. 4.50% 2048 | 428 | 376 | |
Hyundai Capital America 1.00% 20246 | 3,025 | 2,766 | |
Hyundai Capital America 1.50% 20266 | 850 | 723 | |
Hyundai Capital America 1.65% 20266 | 3,075 | 2,595 | |
Hyundai Capital America 2.375% 20276 | 2,579 | 2,157 | |
Hyundai Capital America 2.10% 20286 | 3,075 | 2,418 | |
International Game Technology PLC 6.50% 20256 | 1,880 | 1,878 | |
International Game Technology PLC 5.25% 20296 | 6,490 | 5,762 | |
KB Home 7.25% 2030 | 1,295 | 1,177 | |
Kontoor Brands, Inc. 4.125% 20296 | 910 | 726 | |
Lindblad Expeditions, LLC 6.75% 20276 | 775 | 683 | |
Lithia Motors, Inc. 3.875% 20296 | 1,425 | 1,146 |
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Consumer discretionary (continued) | Principal amount (000) | Value (000) | |
Lithia Motors, Inc. 4.375% 20316 | USD1,025 | $841 | |
Marriott International, Inc. 2.75% 2033 | 2,500 | 1,819 | |
McDonald’s Corp. 4.60% 2032 | 1,275 | 1,219 | |
Melco International Development, Ltd. 5.75% 20286 | 1,710 | 1,103 | |
NCL Corp., Ltd. 5.875% 20276 | 1,375 | 1,147 | |
NCL Corp., Ltd. 7.75% 20296 | 1,375 | 1,039 | |
Neiman Marcus Group, LLC 7.125% 20266 | 1,345 | 1,238 | |
Party City Holdings, Inc. 8.75% 20266 | 3,375 | 1,962 | |
Penske Automotive Group, Inc. 3.75% 2029 | 1,375 | 1,096 | |
Premier Entertainment Sub, LLC 5.625% 20296 | 1,690 | 1,172 | |
Premier Entertainment Sub, LLC 5.875% 20316 | 1,690 | 1,143 | |
QVC, Inc. 4.75% 2027 | 220 | 165 | |
QVC, Inc. 4.375% 2028 | 1,704 | 1,159 | |
Real Hero Merger Sub 2, Inc. 6.25% 20296 | 715 | 517 | |
Royal Caribbean Cruises, Ltd. 11.50% 20256 | 2,423 | 2,578 | |
Royal Caribbean Cruises, Ltd. 4.25% 20266 | 3,120 | 2,299 | |
Royal Caribbean Cruises, Ltd. 5.375% 20276 | 2,520 | 1,857 | |
Royal Caribbean Cruises, Ltd. 8.25% 20296 | 1,408 | 1,373 | |
Sally Holdings, LLC and Sally Capital, Inc. 5.625% 2025 | 2,705 | 2,567 | |
Sands China, Ltd. 5.625% 2025 | 1,302 | 1,181 | |
Sands China, Ltd. 2.80% 202713 | 2,075 | 1,652 | |
Scientific Games Corp. 7.00% 20286 | 750 | 709 | |
Scientific Games Corp. 7.25% 20296 | 2,240 | 2,088 | |
Sonic Automotive, Inc. 4.625% 20296 | 3,035 | 2,386 | |
Sonic Automotive, Inc. 4.875% 20316 | 1,325 | 1,006 | |
Stellantis Finance US, Inc. 1.711% 20276 | 2,200 | 1,834 | |
Stellantis Finance US, Inc. 5.625% 20286 | 2,500 | 2,412 | |
Stellantis Finance US, Inc. 2.691% 20316 | 2,150 | 1,537 | |
Stellantis Finance US, Inc. 6.375% 20326 | 2,000 | 1,853 | |
Tempur Sealy International, Inc. 4.00% 20296 | 1,010 | 798 | |
The Gap, Inc. 3.625% 20296 | 486 | 317 | |
The Gap, Inc. 3.875% 20316 | 323 | 206 | |
Toyota Motor Credit Corp. 0.80% 2026 | 429 | 378 | |
Toyota Motor Credit Corp. 1.90% 2027 | 2,500 | 2,207 | |
Travel + Leisure Co. 4.50% 20296 | 2,100 | 1,632 | |
VICI Properties, LP 4.625% 20296 | 995 | 865 | |
VICI Properties, LP / VICI Note Co., Inc. 3.50% 20256 | 1,100 | 1,018 | |
VICI Properties, LP / VICI Note Co., Inc. 3.875% 20296 | 2,225 | 1,871 | |
VICI Properties, LP / VICI Note Co., Inc. 4.125% 20306 | 3,185 | 2,667 | |
Volkswagen Group of America Finance, LLC 4.25% 20236 | 3,770 | 3,733 | |
Volkswagen Group of America Finance, LLC 4.625% 20256 | 3,845 | 3,763 | |
Volkswagen Group of America Finance, LLC 3.20% 20266 | 3,201 | 2,937 | |
Wheel Pros, Inc. 6.50% 20296 | 1,750 | 804 | |
Wyndham Destinations, Inc. 4.625% 20306 | 1,300 | 1,030 | |
Wyndham Worldwide Corp. 4.375% 20286 | 2,255 | 1,985 | |
Wynn Las Vegas, LLC and Wynn Capital Corp. 4.25% 20236 | 2,193 | 2,151 | |
147,580 | |||
Communication services 0.58% | |||
Alphabet, Inc. 1.998% 2026 | 3,000 | 2,741 | |
Alphabet, Inc. 1.90% 2040 | 1,375 | 885 | |
Alphabet, Inc. 2.25% 2060 | 1,265 | 716 | |
AT&T, Inc. 3.50% 2053 | 5,140 | 3,433 | |
CCO Holdings, LLC and CCO Holdings Capital Corp. 4.908% 2025 | 500 | 488 |
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Communication services (continued) | Principal amount (000) | Value (000) | |
CCO Holdings, LLC and CCO Holdings Capital Corp. 4.50% 20306 | USD3,500 | $2,777 | |
CCO Holdings, LLC and CCO Holdings Capital Corp. 4.75% 20306 | 2,500 | 2,034 | |
CCO Holdings, LLC and CCO Holdings Capital Corp. 4.25% 20316 | 3,875 | 2,979 | |
CCO Holdings, LLC and CCO Holdings Capital Corp. 4.50% 2032 | 2,710 | 2,072 | |
CCO Holdings, LLC and CCO Holdings Capital Corp. 4.75% 20326 | 2,150 | 1,678 | |
CCO Holdings, LLC and CCO Holdings Capital Corp. 3.70% 2051 | 4,000 | 2,435 | |
CCO Holdings, LLC and CCO Holdings Capital Corp. 3.90% 2052 | 3,000 | 1,864 | |
Comcast Corp. 2.35% 2027 | 4,000 | 3,593 | |
Comcast Corp. 3.20% 2036 | 375 | 291 | |
Comcast Corp. 3.90% 2038 | 250 | 204 | |
Comcast Corp. 2.80% 2051 | 791 | 487 | |
Comcast Corp. 2.887% 2051 | 2,571 | 1,614 | |
CSC Holdings, LLC 3.375% 20316 | 1,875 | 1,325 | |
DIRECTV Holdings, LLC and DIRECTV Financing Co., Inc. 5.875% 20276 | 3,655 | 3,159 | |
Embarq Corp. 7.995% 2036 | 3,450 | 1,733 | |
Fox Corp. 4.03% 2024 | 1,120 | 1,107 | |
Frontier Communications Corp. 5.875% 20276 | 2,225 | 1,999 | |
Frontier Communications Corp. 5.00% 20286 | 5,550 | 4,772 | |
Frontier Communications Corp. 6.75% 20296 | 4,400 | 3,640 | |
Frontier Communications Holdings, LLC 5.875% 2029 | 1,850 | 1,473 | |
Frontier Communications Holdings, LLC 6.00% 20306 | 1,900 | 1,497 | |
Frontier Communications Holdings, LLC 8.75% 20306 | 1,100 | 1,102 | |
Gray Escrow II, Inc. 5.375% 20316 | 900 | 708 | |
iHeartCommunications, Inc. 5.25% 20276 | 3,093 | 2,648 | |
Intelsat Jackson Holding Co. 6.50% 20306 | 2,891 | 2,465 | |
Ligado Networks, LLC 15.50% PIK 20236,16 | 2,783 | 1,294 | |
Live Nation Entertainment, Inc. 3.75% 20286 | 1,350 | 1,148 | |
Magallanes, Inc. 3.638% 20256 | 3,807 | 3,609 | |
Magallanes, Inc. 3.755% 20276 | 1,018 | 912 | |
Magallanes, Inc. 4.054% 20296 | 1,435 | 1,241 | |
Magallanes, Inc. 4.279% 20326 | 2,903 | 2,392 | |
Magallanes, Inc. 5.05% 20426 | 2,500 | 1,875 | |
Magallanes, Inc. 5.141% 20526 | 1,500 | 1,093 | |
Meta Platforms, Inc. 4.45% 20526 | 3,565 | 2,915 | |
Midas OpCo Holdings, LLC 5.625% 20296 | 3,205 | 2,642 | |
Netflix, Inc. 4.875% 2028 | 1,250 | 1,173 | |
Netflix, Inc. 5.875% 2028 | 2,175 | 2,128 | |
Netflix, Inc. 5.375% 20296 | 25 | 24 | |
Netflix, Inc. 6.375% 2029 | 50 | 50 | |
News Corp. 3.875% 20296 | 875 | 745 | |
News Corp. 5.125% 20326 | 550 | 484 | |
Nexstar Broadcasting, Inc. 4.75% 20286 | 3,175 | 2,705 | |
SBA Tower Trust 1.631% 20266 | 8,707 | 7,433 | |
Scripps Escrow II, Inc. 3.875% 20296 | 2,325 | 1,857 | |
Sinclair Television Group, Inc. 4.125% 20306 | 1,175 | 886 | |
Sirius XM Radio, Inc. 4.00% 20286 | 3,575 | 3,048 | |
Sirius XM Radio, Inc. 4.125% 20306 | 950 | 774 | |
Sirius XM Radio, Inc. 3.875% 20316 | 1,975 | 1,536 | |
Sprint Corp. 6.875% 2028 | 4,675 | 4,812 | |
Take-Two Interactive Software, Inc. 3.30% 2024 | 3,175 | 3,096 | |
Take-Two Interactive Software, Inc. 4.00% 2032 | 2,438 | 2,120 | |
TEGNA, Inc. 5.00% 2029 | 1,500 | 1,384 | |
T-Mobile US, Inc. 1.50% 2026 | 500 | 439 | |
T-Mobile US, Inc. 2.05% 2028 | 325 | 270 |
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Communication services (continued) | Principal amount (000) | Value (000) | |
Univision Communications, Inc. 6.625% 20276 | USD5,800 | $5,487 | |
Univision Communications, Inc. 4.50% 20296 | 3,475 | 2,842 | |
Univision Communications, Inc. 7.375% 20306 | 225 | 215 | |
Verizon Communications, Inc. 2.875% 2050 | 2,453 | 1,507 | |
Verizon Communications, Inc. 3.55% 2051 | 1,100 | 776 | |
Virgin Media O2 4.25% 20316 | 4,525 | 3,439 | |
Virgin Media Secured Finance PLC 4.50% 20306 | 2,115 | 1,654 | |
VMED O2 UK Financing I PLC 4.75% 20316 | 225 | 174 | |
Vodafone Group PLC 4.375% 2028 | 350 | 330 | |
Vodafone Group PLC 5.25% 2048 | 500 | 415 | |
Vodafone Group PLC 4.25% 2050 | 4,350 | 3,126 | |
Ziggo Bond Co. BV 5.125% 20306 | 1,775 | 1,272 | |
Ziggo Bond Finance BV 4.875% 20306 | 725 | 574 | |
133,815 | |||
Industrials 0.50% | |||
AAdvantage Loyalty IP, Ltd. 5.50% 20266 | 1,005 | 946 | |
ADT Security Corp. 4.125% 20296 | 1,540 | 1,281 | |
Allison Transmission Holdings, Inc. 3.75% 20316 | 3,445 | 2,648 | |
Avis Budget Car Rental, LLC 5.75% 20276 | 1,025 | 904 | |
Avis Budget Group, Inc. 5.375% 20296 | 2,450 | 2,015 | |
Avolon Holdings Funding, Ltd. 3.95% 20246 | 1,587 | 1,502 | |
Avolon Holdings Funding, Ltd. 4.25% 20266 | 1,126 | 1,011 | |
Avolon Holdings Funding, Ltd. 4.375% 20266 | 1,975 | 1,769 | |
Boeing Company 4.875% 2025 | 1,555 | 1,519 | |
Boeing Company 3.10% 2026 | 251 | 229 | |
Boeing Company 3.25% 2028 | 4,000 | 3,495 | |
Boeing Company 5.15% 2030 | 1,100 | 1,019 | |
Boeing Company 3.60% 2034 | 6,250 | 4,696 | |
Boeing Company 5.805% 2050 | 4,000 | 3,485 | |
Bombardier, Inc. 7.50% 20246 | 260 | 259 | |
Bombardier, Inc. 7.125% 20266 | 4,100 | 3,766 | |
Bombardier, Inc. 7.875% 20276 | 7,245 | 6,682 | |
Bombardier, Inc. 6.00% 20286 | 1,010 | 847 | |
BWX Technologies, Inc. 4.125% 20296 | 1,025 | 889 | |
Canadian Pacific Railway, Ltd. 1.75% 2026 | 1,385 | 1,214 | |
Canadian Pacific Railway, Ltd. 2.45% 2031 | 1,738 | 1,393 | |
Canadian Pacific Railway, Ltd. 3.10% 2051 | 829 | 547 | |
Clarivate Science Holdings Corp. 3.875% 20286 | 590 | 488 | |
Clarivate Science Holdings Corp. 4.875% 20296 | 520 | 408 | |
CoreLogic, Inc. 4.50% 20286 | 6,075 | 4,140 | |
Covanta Holding Corp. 4.875% 20296 | 1,035 | 838 | |
CSX Corp. 4.25% 2029 | 1,062 | 1,002 | |
CSX Corp. 2.50% 2051 | 1,125 | 676 | |
General Electric Capital Corp. 4.418% 2035 | 649 | 582 | |
Honeywell International, Inc. 2.30% 2024 | 2,640 | 2,536 | |
Honeywell International, Inc. 1.35% 2025 | 5,947 | 5,480 | |
Honeywell International, Inc. 2.70% 2029 | 1,470 | 1,288 | |
Icahn Enterprises Finance Corp. 4.75% 2024 | 2,090 | 1,959 | |
L3Harris Technologies, Inc. 1.80% 2031 | 2,625 | 1,967 | |
LSC Communications, Inc. 8.75% 20233,6,15 | 4,063 | 39 | |
Masco Corp. 1.50% 2028 | 774 | 625 | |
Masco Corp. 2.00% 2031 | 497 | 373 | |
Masco Corp. 3.125% 2051 | 230 | 139 |
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Industrials (continued) | Principal amount (000) | Value (000) | |
MasTec, Inc. 4.50% 20286 | USD1,425 | $1,246 | |
Norfolk Southern Corp. 3.05% 2050 | 2,746 | 1,797 | |
Northrop Grumman Corp. 2.93% 2025 | 1,820 | 1,737 | |
Northrop Grumman Corp. 3.25% 2028 | 3,495 | 3,184 | |
Otis Worldwide Corp. 2.293% 2027 | 2,135 | 1,895 | |
Roller Bearing Company of America, Inc. 4.375% 20296 | 195 | 165 | |
Rolls-Royce PLC 5.75% 20276 | 765 | 666 | |
Siemens AG 1.20% 20266 | 3,887 | 3,394 | |
Siemens AG 1.70% 20286 | 3,700 | 3,106 | |
SkyMiles IP, Ltd. 4.75% 20286 | 2,950 | 2,752 | |
The Brink’s Co. 4.625% 20276 | 2,385 | 2,124 | |
TransDigm, Inc. 6.25% 20266 | 3,476 | 3,378 | |
TransDigm, Inc. 5.50% 2027 | 2,200 | 1,918 | |
Triumph Group, Inc. 6.25% 20246 | 4,015 | 3,665 | |
Triumph Group, Inc. 8.875% 20246 | 1,877 | 1,856 | |
Triumph Group, Inc. 7.75% 2025 | 3,950 | 3,023 | |
Union Pacific Corp. 2.40% 2030 | 2,414 | 2,021 | |
Union Pacific Corp. 2.95% 2052 | 1,000 | 662 | |
Union Pacific Corp. 3.839% 2060 | 546 | 407 | |
Union Pacific Corp. 3.799% 2071 | 545 | 385 | |
United Airlines Holdings, Inc. 6.50% 20276 | 2,090 | 2,050 | |
United Airlines, Inc. 4.375% 20266 | 975 | 872 | |
United Airlines, Inc. 4.625% 20296 | 2,225 | 1,847 | |
United Rentals, Inc. 3.875% 2031 | 2,050 | 1,672 | |
United Technologies Corp. 3.65% 2023 | 52 | 52 | |
United Technologies Corp. 3.95% 2025 | 3,155 | 3,082 | |
United Technologies Corp. 4.125% 2028 | 1,075 | 1,005 | |
Vertical U.S. Newco, Inc. 5.25% 20276 | 2,000 | 1,705 | |
116,322 | |||
Materials 0.43% | |||
Alcoa Nederland Holding BV 4.125% 20296 | 1,175 | 988 | |
Allegheny Technologies, Inc. 4.875% 2029 | 710 | 591 | |
Allegheny Technologies, Inc. 5.125% 2031 | 1,110 | 909 | |
Anglo American Capital PLC 2.25% 20286 | 484 | 398 | |
Anglo American Capital PLC 2.625% 20306 | 2,500 | 1,927 | |
Anglo American Capital PLC 3.95% 20506 | 1,281 | 875 | |
Arconic Rolled Products Corp. 6.125% 20286 | 750 | 664 | |
Avient Corp. 7.125% 20306 | 855 | 791 | |
Ball Corp. 3.125% 2031 | 3,520 | 2,661 | |
Can-Pack SA / Canpack US, LLC 3.875% 20296 | 935 | 732 | |
Celanese US Holdings, LLC 6.165% 2027 | 3,500 | 3,317 | |
Celanese US Holdings, LLC 6.33% 2029 | 3,000 | 2,799 | |
Celanese US Holdings, LLC 6.379% 2032 | 990 | 921 | |
Chevron Phillips Chemical Co., LLC 3.30% 20236 | 595 | 590 | |
Cleveland-Cliffs, Inc. 5.875% 2027 | 9,000 | 8,119 | |
Cleveland-Cliffs, Inc. 4.625% 20296 | 1,825 | 1,537 | |
Cleveland-Cliffs, Inc. 4.875% 20316 | 1,351 | 1,118 | |
CVR Partners, LP 6.125% 20286 | 745 | 650 | |
Dow Chemical Co. 3.60% 2050 | 1,328 | 910 | |
First Quantum Minerals, Ltd. 6.50% 20246 | 2,204 | 2,163 | |
First Quantum Minerals, Ltd. 7.50% 20256 | 11,350 | 10,939 | |
First Quantum Minerals, Ltd. 6.875% 20266 | 3,625 | 3,349 | |
First Quantum Minerals, Ltd. 6.875% 20276 | 4,240 | 3,826 |
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Materials (continued) | Principal amount (000) | Value (000) | |
FXI Holdings, Inc. 7.875% 20246 | USD1,721 | $1,361 | |
FXI Holdings, Inc. 12.25% 20266 | 4,392 | 3,486 | |
Glencore Funding, LLC 4.125% 20246 | 945 | 929 | |
International Flavors & Fragrances, Inc. 1.832% 20276 | 5,400 | 4,430 | |
Kaiser Aluminum Corp. 4.625% 20286 | 1,620 | 1,325 | |
LSB Industries, Inc. 6.25% 20286 | 860 | 739 | |
LYB International Finance III, LLC 2.25% 2030 | 1,198 | 933 | |
LYB International Finance III, LLC 3.625% 2051 | 2,537 | 1,661 | |
LYB International Finance III, LLC 3.80% 2060 | 1,186 | 752 | |
Methanex Corp. 5.125% 2027 | 6,180 | 5,202 | |
Mineral Resources, Ltd. 8.50% 20306 | 1,525 | 1,477 | |
Mosaic Co. 3.25% 2022 | 1,125 | 1,124 | |
Mosaic Co. 4.05% 2027 | 1,050 | 979 | |
Nova Chemicals Corp. 4.25% 20296 | 1,875 | 1,467 | |
Novelis Corp. 3.875% 20316 | 1,115 | 834 | |
Praxair, Inc. 1.10% 2030 | 2,938 | 2,224 | |
Rio Tinto Finance (USA), Ltd. 2.75% 2051 | 1,837 | 1,194 | |
SCIH Salt Holdings, Inc. 4.875% 20286 | 3,485 | 2,885 | |
SCIH Salt Holdings, Inc. 6.625% 20296 | 1,230 | 947 | |
Sherwin-Williams Company 3.125% 2024 | 275 | 267 | |
Sherwin-Williams Company 3.80% 2049 | 5,208 | 3,757 | |
South32 Treasury (USA), Ltd. 4.35% 20326 | 1,527 | 1,316 | |
Venator Materials Corp. 5.75% 20256 | 5,845 | 3,957 | |
Venator Materials Corp. 9.50% 20256 | 1,700 | 1,637 | |
Warrior Met Coal, Inc. 7.875% 20286 | 3,400 | 3,309 | |
Westlake Chemical Corp. 4.375% 2047 | 500 | 380 | |
99,346 | |||
Utilities 0.37% | |||
Ameren Corp. 2.50% 2024 | 969 | 921 | |
American Electric Power Company, Inc. 2.95% 2022 | 3,020 | 3,010 | |
Calpine Corp. 3.75% 20316 | 1,975 | 1,549 | |
Commonwealth Edison Co. 4.35% 2045 | 1,085 | 906 | |
Commonwealth Edison Co. 3.85% 2052 | 2,600 | 2,031 | |
Dominion Resources, Inc., junior subordinated, 3.071% 202413 | 1,775 | 1,704 | |
Duke Energy Carolinas, LLC 3.95% 2028 | 1,250 | 1,172 | |
Duke Energy Corp. 4.50% 2032 | 2,000 | 1,811 | |
Duke Energy Corp. 3.50% 2051 | 2,000 | 1,350 | |
Duke Energy Florida, LLC 3.20% 2027 | 1,445 | 1,357 | |
Duke Energy Indiana, Inc. 3.25% 2049 | 1,225 | 834 | |
Duke Energy Progress, LLC 3.70% 2046 | 457 | 346 | |
Duke Energy Progress, LLC 2.50% 2050 | 202 | 120 | |
Duke Energy Progress, LLC 2.90% 2051 | 91 | 59 | |
Edison International 3.55% 2024 | 2,200 | 2,114 | |
EDP Finance BV 3.625% 20246 | 4,100 | 3,960 | |
Electricité de France SA 4.75% 20356 | 1,250 | 1,070 | |
Electricité de France SA 4.875% 20386 | 2,750 | 2,268 | |
Electricité de France SA 5.60% 2040 | 525 | 455 | |
Emera US Finance, LP 3.55% 2026 | 320 | 298 | |
Enersis Américas SA 4.00% 2026 | 245 | 232 | |
Entergy Corp. 2.80% 2030 | 3,325 | 2,698 | |
Eversource Energy 3.80% 2023 | 2,730 | 2,698 | |
FirstEnergy Corp. 3.40% 2050 | 2,250 | 1,477 | |
FirstEnergy Transmission, LLC 2.866% 20286 | 675 | 574 |
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Utilities (continued) | Principal amount (000) | Value (000) | |
NRG Energy, Inc. 3.625% 20316 | USD2,600 | $2,034 | |
Pacific Gas and Electric Co. 2.10% 2027 | 125 | 101 | |
Pacific Gas and Electric Co. 2.50% 2031 | 2,941 | 2,144 | |
Pacific Gas and Electric Co. 3.30% 2040 | 100 | 64 | |
Pacific Gas and Electric Co. 4.20% 2041 | 4,100 | 2,824 | |
Pacific Gas and Electric Co. 3.50% 2050 | 1,250 | 764 | |
PacifiCorp, First Mortgage Bonds, 4.125% 2049 | 4,000 | 3,187 | |
PG&E Corp. 5.00% 2028 | 3,750 | 3,234 | |
PG&E Corp. 5.25% 2030 | 3,400 | 2,901 | |
Public Service Electric and Gas Co. 3.60% 2047 | 548 | 411 | |
Public Service Electric and Gas Co. 3.15% 2050 | 2,451 | 1,694 | |
Public Service Enterprise Group, Inc. 2.65% 2022 | 1,900 | 1,897 | |
Southern California Edison Co. 2.85% 2029 | 4,450 | 3,759 | |
Southern California Edison Co. 6.00% 2034 | 2,500 | 2,489 | |
Southern California Edison Co. 5.35% 2035 | 3,000 | 2,757 | |
Southern California Edison Co. 5.75% 2035 | 675 | 643 | |
Southern California Edison Co. 4.00% 2047 | 264 | 193 | |
Southern California Edison Co. 3.45% 2052 | 2,200 | 1,485 | |
Talen Energy Corp. 7.25% 20276 | 8,334 | 8,540 | |
Talen Energy Corp., Term Loan B, (3-month USD-LIBOR + 3.75%) 6.274% 20269,14 | 2,815 | 2,856 | |
Talen Energy Supply, LLC 7.625% 20286 | 1,180 | 1,220 | |
Venture Global Calcasieu Pass, LLC 3.875% 20296 | 1,030 | 886 | |
Virginia Electric and Power Co. 2.40% 2032 | 2,575 | 2,056 | |
Virginia Electric and Power Co. 4.60% 2048 | 2,650 | 2,298 | |
Xcel Energy, Inc. 2.60% 2029 | 1,950 | 1,622 | |
87,073 | |||
Information technology 0.30% | |||
Adobe, Inc. 1.90% 2025 | 366 | 344 | |
Almonde, Inc., Term Loan, (3-month USD-LIBOR + 7.25%) 10.621% 20259,14 | 4,150 | 3,416 | |
Analog Devices, Inc. 1.70% 2028 | 1,286 | 1,075 | |
Analog Devices, Inc. 2.10% 2031 | 1,212 | 962 | |
Analog Devices, Inc. 2.80% 2041 | 2,961 | 2,100 | |
Analog Devices, Inc. 2.95% 2051 | 1,955 | 1,308 | |
Apple, Inc. 3.00% 2024 | 625 | 614 | |
Apple, Inc. 3.35% 2027 | 40 | 38 | |
Apple, Inc. 1.20% 2028 | 5,000 | 4,191 | |
Apple, Inc. 3.95% 2052 | 3,500 | 2,930 | |
Block, Inc. 3.50% 2031 | 2,325 | 1,807 | |
Booz Allen Hamilton, Inc. 4.00% 20296 | 1,000 | 858 | |
Broadcom, Inc. 1.95% 20286 | 1,407 | 1,155 | |
Broadcom, Inc. 4.15% 20326 | 2,811 | 2,357 | |
Broadcom, Inc. 2.60% 20336 | 2,524 | 1,807 | |
Broadcom, Inc. 3.469% 20346 | 1,771 | 1,332 | |
CommScope Finance, LLC 6.00% 20266 | 1,600 | 1,476 | |
Diebold Nixdorf AG, Term Loan B, (3-month USD-LIBOR + 2.75%) 5.50% 20239,14 | 5,376 | 4,417 | |
Diebold Nixdorf, Inc. 8.50% 2024 | 6,790 | 3,719 | |
Diebold Nixdorf, Inc. 9.375% 20256 | 10,131 | 7,725 | |
Fidelity National Information Services, Inc. 3.10% 2041 | 302 | 201 | |
Fiserv, Inc. 3.50% 2029 | 471 | 410 | |
Fiserv, Inc. 2.65% 2030 | 3,605 | 2,926 | |
Gartner, Inc. 4.50% 20286 | 650 | 582 | |
Intuit, Inc. 0.95% 2025 | 1,530 | 1,380 | |
Intuit, Inc. 1.35% 2027 | 1,395 | 1,184 |
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Information technology (continued) | Principal amount (000) | Value (000) | |
Intuit, Inc. 1.65% 2030 | USD1,845 | $1,440 | |
Mastercard, Inc. 2.00% 2031 | 3,874 | 3,071 | |
Microsoft Corp. 2.921% 2052 | 4,814 | 3,406 | |
NCR Corp. 5.125% 20296 | 1,650 | 1,241 | |
PayPal Holdings, Inc. 2.65% 2026 | 2,364 | 2,172 | |
PayPal Holdings, Inc. 2.30% 2030 | 2,200 | 1,792 | |
Sabre GLBL, Inc. 7.375% 20256 | 728 | 653 | |
Sabre Holdings Corp. 9.25% 20256 | 1,197 | 1,148 | |
Synaptics, Inc. 4.00% 20296 | 875 | 707 | |
Unisys Corp. 6.875% 20276 | 725 | 567 | |
VeriSign, Inc. 2.70% 2031 | 625 | 486 | |
Veritas Holdings, Ltd. 7.50% 20256 | 835 | 641 | |
Viavi Solutions, Inc. 3.75% 20296 | 725 | 581 | |
Xerox Corp. 5.00% 20256 | 702 | 633 | |
68,852 | |||
Real estate 0.28% | |||
Alexandria Real Estate Equities, Inc. 3.80% 2026 | 315 | 300 | |
Alexandria Real Estate Equities, Inc. 3.95% 2028 | 1,220 | 1,129 | |
Alexandria Real Estate Equities, Inc. 2.75% 2029 | 1,940 | 1,608 | |
Alexandria Real Estate Equities, Inc. 3.375% 2031 | 1,320 | 1,109 | |
Alexandria Real Estate Equities, Inc. 1.875% 2033 | 4,095 | 2,883 | |
Alexandria Real Estate Equities, Inc. 4.85% 2049 | 410 | 345 | |
American Tower Corp. 1.45% 2026 | 2,369 | 2,022 | |
American Tower Corp. 1.60% 2026 | 2,347 | 2,048 | |
American Tower Corp. 3.55% 2027 | 1,425 | 1,289 | |
American Tower Corp. 1.50% 2028 | 2,500 | 2,003 | |
American Tower Corp. 3.60% 2028 | 1,000 | 889 | |
American Tower Corp. 2.30% 2031 | 1,500 | 1,125 | |
American Tower Corp. 2.95% 2051 | 2,000 | 1,204 | |
Brandywine Operating Partnership, LP 3.95% 2023 | 1,070 | 1,065 | |
Brookfield Property REIT, Inc. 5.75% 20266 | 930 | 842 | |
Diversified Healthcare Trust 4.375% 2031 | 750 | 487 | |
Essex Portfolio, LP 3.875% 2024 | 1,000 | 979 | |
Essex Portfolio, LP 3.50% 2025 | 6,825 | 6,553 | |
Extra Space Storage, Inc. 2.35% 2032 | 1,385 | 1,023 | |
Gaming and Leisure Properties, Inc. 3.35% 2024 | 1,263 | 1,199 | |
Host Hotels & Resorts, LP 4.50% 2026 | 355 | 337 | |
Howard Hughes Corp. 5.375% 20286 | 1,450 | 1,205 | |
Howard Hughes Corp. 4.125% 20296 | 1,860 | 1,441 | |
Howard Hughes Corp. 4.375% 20316 | 2,615 | 1,882 | |
Invitation Homes Operating Partnership, LP 2.00% 2031 | 2,401 | 1,725 | |
Iron Mountain, Inc. 5.25% 20306 | 3,785 | 3,140 | |
Iron Mountain, Inc. 4.50% 20316 | 2,650 | 2,054 | |
Kennedy-Wilson Holdings, Inc. 4.75% 2029 | 2,645 | 2,025 | |
Kennedy-Wilson Holdings, Inc. 4.75% 2030 | 1,140 | 848 | |
Kennedy-Wilson Holdings, Inc. 5.00% 2031 | 2,260 | 1,644 | |
Park Intermediate Holdings, LLC 4.875% 20296 | 2,280 | 1,850 | |
Public Storage 1.85% 2028 | 2,490 | 2,101 | |
Public Storage 1.95% 2028 | 2,027 | 1,690 | |
Public Storage 2.30% 2031 | 719 | 577 | |
Realogy Corp. 5.75% 20296 | 2,260 | 1,633 | |
RHP Hotel Properties, LP / RHP Finance Corp. 4.50% 20296 | 1,300 | 1,080 | |
RLJ Lodging Trust, LP 4.00% 20296 | 1,240 | 974 |
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Real estate (continued) | Principal amount (000) | Value (000) | |
Scentre Group 3.25% 20256 | USD1,000 | $928 | |
Scentre Group 3.50% 20256 | 3,075 | 2,927 | |
Scentre Group 3.75% 20276 | 2,430 | 2,216 | |
Sun Communities Operating, LP 2.30% 2028 | 1,845 | 1,483 | |
Sun Communities Operating, LP 2.70% 2031 | 876 | 663 | |
UDR, Inc. 2.95% 2026 | 760 | 691 | |
65,216 | |||
Consumer staples 0.25% | |||
7-Eleven, Inc. 0.80% 20246 | 1,700 | 1,608 | |
7-Eleven, Inc. 0.95% 20266 | 825 | 712 | |
7-Eleven, Inc. 1.30% 20286 | 2,500 | 2,017 | |
Albertsons Companies, Inc. 3.50% 20296 | 1,860 | 1,503 | |
Altria Group, Inc. 2.45% 2032 | 125 | 88 | |
Altria Group, Inc. 5.80% 2039 | 2,820 | 2,469 | |
Altria Group, Inc. 3.40% 2041 | 1,500 | 949 | |
Altria Group, Inc. 4.50% 2043 | 3,000 | 2,121 | |
Altria Group, Inc. 3.70% 2051 | 1,395 | 845 | |
Anheuser-Busch InBev NV 4.00% 2028 | 845 | 804 | |
Anheuser-Busch InBev NV 4.35% 2040 | 2,500 | 2,124 | |
Anheuser-Busch InBev NV 4.60% 2048 | 1,500 | 1,247 | |
British American Tobacco PLC 3.222% 2024 | 2,826 | 2,722 | |
British American Tobacco PLC 3.215% 2026 | 3,323 | 2,973 | |
British American Tobacco PLC 4.54% 2047 | 940 | 625 | |
Central Garden & Pet Co. 4.125% 20316 | 1,395 | 1,100 | |
Coca-Cola Company 1.00% 2028 | 940 | 775 | |
Conagra Brands, Inc. 1.375% 2027 | 4,615 | 3,729 | |
Constellation Brands, Inc. 3.60% 2028 | 625 | 573 | |
Constellation Brands, Inc. 2.25% 2031 | 1,487 | 1,144 | |
Coty, Inc. 4.75% 20296 | 1,460 | 1,238 | |
Imperial Tobacco Finance PLC 6.125% 20276 | 845 | 834 | |
Kronos Acquisition Holdings, Inc. 5.00% 20266 | 2,990 | 2,628 | |
Lamb Weston Holdings, Inc. 4.125% 20306 | 2,210 | 1,874 | |
PepsiCo, Inc. 1.95% 2031 | 3,001 | 2,392 | |
PepsiCo, Inc. 2.625% 2041 | 5,000 | 3,531 | |
PepsiCo, Inc. 3.625% 2050 | 777 | 637 | |
PepsiCo, Inc. 2.75% 2051 | 1,723 | 1,176 | |
Philip Morris International, Inc. 2.875% 2024 | 788 | 763 | |
Philip Morris International, Inc. 3.25% 2024 | 2,000 | 1,935 | |
Philip Morris International, Inc. 0.875% 2026 | 2,990 | 2,572 | |
Philip Morris International, Inc. 3.375% 2029 | 788 | 673 | |
Philip Morris International, Inc. 1.75% 2030 | 2,956 | 2,164 | |
Post Holdings, Inc. 4.625% 20306 | 2,886 | 2,377 | |
Prestige Brands International, Inc. 3.75% 20316 | 1,115 | 867 | |
Reynolds American, Inc. 5.85% 2045 | 2,030 | 1,597 | |
Simmons Foods, Inc. 4.625% 20296 | 560 | 459 | |
57,845 | |||
Total corporate bonds, notes & loans | 1,417,921 | ||
Asset-backed obligations 1.66% | |||
Aesop Funding, LLC, Series 2017-2A, Class A, 2.97% 20246,8 | 1,920 | 1,912 | |
Aesop Funding, LLC, Series 2018-1A, Class A, 3.70% 20246,8 | 1,114 | 1,105 | |
Aesop Funding, LLC, Series 2018-2A, Class A, 4.00% 20256,8 | 3,100 | 3,048 |
Bonds, notes & other debt instruments (continued) Asset-backed obligations (continued) | Principal amount (000) | Value (000) | |
Aesop Funding, LLC, Series 2021-1A, Class A, 1.38% 20276,8 | USD11,617 | $10,021 | |
Aesop Funding, LLC, Series 2020-2, Class A, 2.02% 20276,8 | 539 | 481 | |
Aesop Funding, LLC, Series 2020-2A, Class B, 2.96% 20276,8 | 138 | 124 | |
Affirm Asset Securitization Trust, Series 2021-Z2, Class A, 1.17% 20266,8 | 1,283 | 1,236 | |
Allegro CLO, Ltd., Series 2016-1A, Class AR2, (3-month USD-LIBOR + 0.95%) 3.462% 20306,8,9 | 2,313 | 2,281 | |
Allegro CLO, Ltd., Series 2017-1A, Class AR, (3-month USD-LIBOR + 0.95%) 3.69% 20306,8,9 | 1,639 | 1,608 | |
American Express Credit Account Master Trust, Series 2018-9, Class A, (1-month USD-LIBOR + 0.38%) 3.198% 20268,9 | 9,000 | 9,004 | |
Ares CLO, Ltd., Series 2017-42A, Class AR, (3-month USD-LIBOR + 0.92%) 3.679% 20286,8,9 | 2,827 | 2,783 | |
Ballyrock CLO, Ltd., Series 2019-2A, Class A1AR, (3-month USD-LIBOR + 1.00%) 3.984% 20306,8,9 | 3,660 | 3,593 | |
Bankers Healthcare Group Securitization Trust, Series 2021-A, Class A, 1.42% 20336,8 | 582 | 542 | |
Castlelake Aircraft Securitization Trust, Series 2021-1, Class A, 2.868% 20376,8 | 4,872 | 4,130 | |
Castlelake Aircraft Securitization Trust, Series 2017-1R, Class A, 2.741% 20416,8 | 707 | 629 | |
Cent CLO, Ltd., Series 2014-21A, Class AR, (3-month USD-LIBOR + 0.97%) 3.739% 20306,8,9 | 5,185 | 5,094 | |
CF Hippolyta, LLC, Series 2020-1, Class A1, 1.69% 20606,8 | 5,261 | 4,679 | |
CF Hippolyta, LLC, Series 2020-1, Class A2, 1.99% 20606,8 | 1,771 | 1,479 | |
CF Hippolyta, LLC, Series 2021-1, Class A1, 1.53% 20616,8 | 6,175 | 5,320 | |
Citibank Credit Card Issuance Trust, Series 2017-A5, Class A5, (1-month USD-LIBOR + 0.62%) 3.672% 20268,9 | 4,960 | 4,962 | |
CLI Funding VI, LLC, Series 2020-2A, Class A, 2.03% 20456,8 | 1,494 | 1,296 | |
CLI Funding VI, LLC, Series 2020-3A, Class A, 2.07% 20456,8 | 1,214 | 1,058 | |
CLI Funding VI, LLC, Series 2020-1A, Class A, 2.08% 20456,8 | 5,556 | 4,834 | |
CLI Funding VIII, LLC, Series 2021-1A, Class A, 1.64% 20466,8 | 1,660 | 1,424 | |
Cloud Pass-Through Trust, Series 2019-1A, Class CLOU, 3.554% 20226,8,9 | 3 | 3 | |
Credit Acceptance Auto Loan Trust, Series 2020-1A, Class A, 2.01% 20296,8 | 477 | 477 | |
Discover Card Execution Note Trust, Series 2018-A6, Class A6, (1-month USD-LIBOR + 0.39%) 3.208% 20268,9 | 11,400 | 11,396 | |
Drive Auto Receivables Trust, Series 2019-3, Class C, 2.90% 20258 | 111 | 111 | |
Drive Auto Receivables Trust, Series 2020-1, Class C, 2.36% 20268 | 719 | 717 | |
Dryden Senior Loan Fund, CLO, Series 2017-47A, Class A1R, (3-month USD-LIBOR + 0.98%) 3.492% 20286,8,9 | 5,337 | 5,266 | |
EDvestinU Private Education Loan, LLC, Series 2021-A, Class A, 1.80% 20456,8 | 365 | 313 | |
Enterprise Fleet Financing, LLC, Series 2022-1, Class A2, 3.03% 20286,8 | 6,605 | 6,430 | |
Enterprise Fleet Financing, LLC, Series 2022-3, Class A2, 4.38% 20296,8 | 3,263 | 3,219 | |
FirstKey Homes Trust, Series 2020-SFR2, Class A, 1.266% 20376,8 | 6,017 | 5,395 | |
Ford Credit Auto Owner Trust, Series 2018-2, Class A, 3.47% 20306,8 | 4,825 | 4,780 | |
Ford Credit Auto Owner Trust, Series 2018-1, Class A, 3.52% 20306,8 | 6,000 | 5,907 | |
Ford Credit Auto Owner Trust, Series 2020-1, Class A, 2.04% 20316,8 | 8,861 | 8,246 | |
Ford Credit Auto Owner Trust, Series 2018-1, Class A, 3.19% 20316,8 | 9,605 | 9,241 | |
GCI Funding I, LLC, Series 2020-1, Class A, 2.82% 20456,8 | 739 | 655 | |
GCI Funding I, LLC, Series 2020-1, Class B, 3.81% 20456,8 | 297 | 263 | |
Global SC Finance V SRL, Series 2019-1A, Class B, 4.81% 20396,8 | 2,535 | 2,361 | |
Global SC Finance V SRL, Series 2020-1A, Class A, 2.17% 20406,8 | 10,650 | 9,526 | |
Global SC Finance VII SRL, Series 2020-2A, Class A, 2.26% 20406,8 | 13,309 | 11,851 | |
Global SC Finance VII SRL, Series 2021-1A, Class A, 1.86% 20416,8 | 4,151 | 3,570 | |
Global SC Finance VII SRL, Series 2021-2A, Class A, 1.95% 20416,8 | 6,184 | 5,352 | |
Global SC Finance VII SRL, Series 2021-2A, Class B, 2.49% 20416,8 | 489 | 414 | |
Hertz Vehicle Financing III, LLC, Series 2021-A, Class B, 3.65% 20233,6,8 | 5,930 | 5,704 | |
Hertz Vehicle Financing III, LLC, Series 2021-1A, Class A, 1.21% 20256,8 | 8,452 | 7,744 | |
Hertz Vehicle Financing III, LLC, Series 2021-1A, Class B, 1.56% 20256,8 | 634 | 580 | |
Hertz Vehicle Financing III, LLC, Series 2021-1A, Class C, 2.05% 20256,8 | 405 | 365 | |
Hertz Vehicle Financing III, LLC, Series 2022-4A, Class A, 3.73% 20266,8 | 8,390 | 8,052 | |
Hertz Vehicle Financing III, LLC, Series 2021-2A, Class A, 1.68% 20276,8 | 6,269 | 5,373 | |
Hertz Vehicle Financing III, LLC, Series 2021-2A, Class B, 2.12% 20276,8 | 685 | 586 | |
Hertz Vehicle Financing III, LLC, Series 2021-2A, Class C, 2.52% 20276,8 | 429 | 360 | |
Hertz Vehicle Financing III, LLC, Series 2022-2A, Class A, 2.33% 20286,8 | 8,400 | 7,361 | |
Hertz Vehicle Financing III, LLC, Series 2022-5A, Class A, 3.89% 20286,8 | 8,750 | 8,124 | |
Longfellow Place CLO, Ltd., Series 2013-1A, Class AR3, (3-month USD-LIBOR + 1.00%) 3.512% 20296,8,9 | 1,393 | 1,384 |
Bonds, notes & other debt instruments (continued) Asset-backed obligations (continued) | Principal amount (000) | Value (000) | |
Madison Park Funding, Ltd., CLO, Series 2015-17A, Class AR2, (3-month USD-LIBOR + 1.00%) 3.732% 20306,8,9 | USD5,545 | $5,465 | |
Marathon CLO, Ltd., Series 2017-9A, Class A1AR, (3-month USD-LIBOR + 1.15%) 3.662% 20296,8,9 | 2,360 | 2,334 | |
Mercury Financial Credit Card Master Trust, Series 2021-1A, Class A, 1.54% 20266,8 | 4,700 | 4,467 | |
Mission Lane Credit Card Master Trust, Series 2021-A, Class A, 1.59% 20266,8 | 1,900 | 1,833 | |
Mission Lane Credit Card Master Trust, Series 2022-A, Class A, 6.92% 20276,8 | 2,531 | 2,477 | |
Navient Student Loan Trust, Series 2021-C, Class A, 1.06% 20696,8 | 5,304 | 4,555 | |
Navient Student Loan Trust, Series 2021-G, Class A, 1.58% 20706,8 | 6,180 | 5,327 | |
Navigator Aircraft ABS, Ltd., Series 2021-1, Class A, 2.771% 20466,8 | 6,465 | 5,508 | |
Nelnet Student Loan Trust, Series 2021-C, Class AFX, 1.32% 20626,8 | 11,180 | 9,989 | |
Nelnet Student Loan Trust, Series 2021-A, Class APT1, 1.36% 20626,8 | 6,228 | 5,491 | |
Nelnet Student Loan Trust, Series 2021-B, Class AFX, 1.42% 20626,8 | 10,562 | 9,430 | |
New Economy Assets Phase 1 Issuer, LLC, Series 2021-1, Class A1, 1.91% 20616,8 | 23,051 | 19,545 | |
Newark BSL CLO 2, Ltd., Series 2017-1A, Class A1R, (3-month USD-LIBOR + 0.97%) 3.753% 20306,8,9 | 1,765 | 1,735 | |
Palmer Square Loan Funding, CLO, Series 2020-4, Class A1, (3-month USD-LIBOR + 1.00%) 3.997% 20286,8,9 | 1,533 | 1,516 | |
Palmer Square Loan Funding, CLO, Series 2021-4A, Class A1, (3-month USD-LIBOR + 0.80%) 3.312% 20296,8,9 | 8,705 | 8,550 | |
Palmer Square Loan Funding, CLO, Series 2021-1, Class A1, (3-month USD-LIBOR + 0.90%) 3.61% 20296,8,9 | 469 | 462 | |
Palmer Square Loan Funding, CLO, Series 2021-4A, Class A2, (3-month USD-LIBOR + 1.40%) 3.912% 20296,8,9 | 5,378 | 5,119 | |
Palmer Square Loan Funding, CLO, Series 2022-5, Class A1, (3-month USD CME Term SOFR + 1.56%) 4.084% 20316,8,9 | 5,871 | 5,815 | |
PG&E Wildfire Recovery Funding, LLC, Series 2022-A, Class A2, 4.263% 20368 | 2,725 | 2,475 | |
Race Point CLO, Ltd., Series 2015-9A, Class A1A2, (3-month USD-LIBOR + 0.94%) 3.452% 20306,8,9 | 4,634 | 4,554 | |
Santander Drive Auto Receivables Trust, Series 2022-5, Class A2, 3.98% 20258 | 4,359 | 4,333 | |
Santander Drive Auto Receivables Trust, Series 2020-1, Class C, 4.11% 20258 | 859 | 857 | |
Santander Drive Auto Receivables Trust, Series 2022-5, Class A3, 4.11% 20268 | 4,101 | 4,057 | |
SMB Private Education Loan Trust, Series 2021-A, Class A2A2, (1-month USD-LIBOR + 0.73%) 3.548% 20536,8,9 | 7,004 | 6,732 | |
SOLRR Aircraft Aviation Holding, Ltd., Series 2021-1, Class A, 2.636% 20466,8 | 3,514 | 2,909 | |
Sound Point CLO, Ltd., Series 2015-1RA, Class AR, (3-month USD-LIBOR + 1.08%) 3.592% 20306,8,9 | 2,985 | 2,939 | |
Sprite, Ltd., Series 2021-1, Class A, 3.75% 20466,8 | 4,942 | 4,182 | |
Stellar Jay Ireland DAC, Series 2021-1, Class A, 3.967% 20416,8 | 4,803 | 4,122 | |
Stonepeak Infrastructure Partners, Series 2021-1A, Class AA, 2.301% 20336,8 | 2,551 | 2,267 | |
Stonepeak Infrastructure Partners, Series 2021-1A, Class A, 2.675% 20336,8 | 2,100 | 1,842 | |
SuttonPark Structured Settlements, Series 2021-1, Class A, 1.95% 20756,8 | 3,454 | 3,135 | |
TAL Advantage V, LLC, Series 2020-1A, Class A, 2.05% 20456,8 | 1,883 | 1,652 | |
Textainer Marine Containers, Ltd., Series 2020-2A, Class A, 2.10% 20456,8 | 826 | 712 | |
Textainer Marine Containers, Ltd., Series 2021-1A, Class A, 1.68% 20466,8 | 946 | 802 | |
Textainer Marine Containers, Ltd., Series 2021-2A, Class A, 2.23% 20466,8 | 2,722 | 2,342 | |
Toyota Auto Loan Extended Note Trust, Series 2019-1, Class A, 2.56% 20316,8 | 3,250 | 3,133 | |
Toyota Auto Loan Extended Note Trust, Series 2020-1, Class A, 1.35% 20336,8 | 889 | 812 | |
Toyota Auto Loan Extended Note Trust, Series 2021-1, Class A, 1.07% 20346,8,9 | 7,257 | 6,401 | |
Triton Container Finance VIII, LLC, Series 2020-1, Class A, 2.11% 20456,8 | 10,617 | 9,157 | |
Triton Container Finance VIII, LLC, Series 2021-1, Class A, 1.86% 20466,8 | 2,871 | 2,416 | |
385,218 | |||
Bonds & notes of governments & government agencies outside the U.S. 0.18% | |||
CPPIB Capital, Inc. 2.75% 20276 | 6,600 | 6,077 | |
European Investment Bank 0.75% 2026 | 6,194 | 5,384 | |
OMERS Finance Trust 3.50% 20326 | 4,315 | 3,937 | |
OMERS Finance Trust 4.00% 20526 | 4,315 | 3,625 | |
Panama (Republic of) 3.298% 2033 | 4,365 | 3,376 |
Bonds, notes & other debt instruments (continued) Bonds & notes of governments & government agencies outside the U.S. (continued) | Principal amount (000) | Value (000) | |
Panama (Republic of) 4.50% 2063 | USD1,035 | $686 | |
Peru (Republic of) 1.862% 2032 | 2,525 | 1,779 | |
Peru (Republic of) 2.78% 2060 | 3,775 | 2,062 | |
Qatar (State of) 3.375% 20246 | 2,315 | 2,270 | |
Qatar (State of) 4.00% 20296 | 745 | 715 | |
Qatar (State of) 4.817% 20496 | 750 | 696 | |
Saudi Arabia (Kingdom of) 3.25% 20306 | 1,750 | 1,577 | |
Saudi Arabia (Kingdom of) 5.25% 20506 | 1,000 | 939 | |
Swedish Export Credit Corp. 3.625% 2024 | 5,089 | 5,013 | |
United Mexican States 2.659% 2031 | 2,703 | 2,079 | |
United Mexican States 4.875% 2033 | 1,790 | 1,577 | |
United Mexican States 3.771% 2061 | 1,528 | 907 | |
42,699 | |||
Municipals 0.15% California 0.02% | |||
Golden State Tobacco Securitization Corp., Enhanced Tobacco Settlement Asset-Backed Bonds, Series 2021-A-1, 2.158% 2026 | 1,200 | 1,074 | |
Golden State Tobacco Securitization Corp., Enhanced Tobacco Settlement Asset-Backed Bonds, Series 2021-A-1, 2.332% 2027 | 1,660 | 1,445 | |
Golden State Tobacco Securitization Corp., Enhanced Tobacco Settlement Asset-Backed Bonds, Series 2021-B, 2.746% 2034 | 495 | 390 | |
Golden State Tobacco Securitization Corp., Enhanced Tobacco Settlement Asset-Backed Bonds, Series 2021-B, 3.293% 2042 | 1,170 | 842 | |
Golden State Tobacco Securitization Corp., Enhanced Tobacco Settlement Asset-Backed Bonds, Series 2021-B, 3.00% 2046 | 2,470 | 2,139 | |
5,890 | |||
Connecticut 0.00% | |||
Housing Fin. Auth., Housing Mortgage Fin. Program Bonds, Series 2014-C-1, 4.00% 2044 | 10 | 10 | |
Housing Fin. Auth., Housing Mortgage Fin. Program Bonds, Series 2014-A-1, 4.00% 2044 | 5 | 5 | |
15 | |||
Florida 0.04% | |||
Board of Administration Fin. Corp., Rev. Bonds, Series 2020-A, 1.705% 2027 | 5,335 | 4,567 | |
Board of Administration Fin. Corp., Rev. Bonds, Series 2020-A, 2.154% 2030 | 5,365 | 4,313 | |
8,880 | |||
Guam 0.00% | |||
A.B. Won Pat International Airport Auth., General Rev. Bonds, Series 2021-A, 3.839% 2036 | 240 | 198 | |
A.B. Won Pat International Airport Auth., General Rev. Bonds, Series 2021-A, 4.46% 2043 | 315 | 254 | |
452 | |||
Illinois 0.02% | |||
G.O. Bonds, Pension Funding, Series 2003, Assured Guaranty Municipal insured, 5.10% 2033 | 4,125 | 3,972 | |
Maryland 0.00% | |||
Community Dev. Administration, Dept. of Housing and Community Dev., Residential Rev. Ref. Bonds, Series 2014-E, 2.857% 2040 | 10 | 10 | |
Minnesota 0.00% | |||
Housing Fin. Agcy., Residential Housing Fin. Bonds, Series 2014-A, 4.00% 2038 | 35 | 35 |
Bonds, notes & other debt instruments (continued) Municipals (continued) New York 0.03% | Principal amount (000) | Value (000) | |
Dormitory Auth., Taxable State Personal Income Tax Rev. Bonds (General Purpose), Series 2021-C, 1.187% 2026 (escrowed to maturity) | USD2,865 | $2,558 | |
Dormitory Auth., Taxable State Personal Income Tax Rev. Bonds (General Purpose), Series 2021-C, 1.748% 2028 | 4,745 | 4,043 | |
6,601 | |||
Ohio 0.02% | |||
Cleveland-Cuyahoga Port Auth., Federal Lease Rev. Bonds (VA Cleveland Health Care Center Project), Series 2021, 4.425% 2031 | 5,125 | 4,524 | |
South Carolina 0.00% | |||
Housing Fin. Auth., Mortgage Rev. Ref. Bonds, Series 2014, AMT, 4.00% 2041 | 10 | 10 | |
South Dakota 0.00% | |||
Housing Dev. Auth., Homeownership Mortgage Bonds, Series 2014-F, 4.00% 2034 | 5 | 5 | |
Tennessee 0.00% | |||
Housing Dev. Agcy., Residential Fin. Program Bonds, Series 2013-2-A, AMT, 4.00% 2043 | 5 | 5 | |
Wisconsin 0.02% | |||
Public Fin. Auth., Federal Lease Rev. Bonds (Fort Sam Acquisition Fncg.), Series 2022, 4.95% 2034 | 5,875 | 5,246 | |
Total municipals | 35,645 | ||
Total bonds, notes & other debt instruments (cost: $6,019,794,000) | 5,417,592 | ||
Short-term securities 9.72% Money market investments 9.61% | Shares | ||
Capital Group Central Cash Fund 2.81%7,17 | 22,308,121 | 2,230,589 | |
Money market investments purchased with collateral from securities on loan 0.11% | |||
Capital Group Central Cash Fund 2.81%7,17,18 | 147,630 | 14,761 | |
Goldman Sachs Financial Square Government Fund, Institutional Shares 2.93%17,18 | 2,366,051 | 2,366 | |
BlackRock Liquidity Funds – FedFund, Institutional Shares 2.76%17,18 | 2,361,798 | 2,362 | |
Invesco Short-Term Investments Trust – Government & Agency Portfolio, Institutional Class 2.88%17,18 | 2,361,798 | 2,362 | |
Morgan Stanley Institutional Liquidity Funds – Government Portfolio, Institutional Class 2.80%17,18 | 2,361,798 | 2,362 | |
State Street Institutional U.S. Government Money Market Fund, Institutional Class 2.91%17,18 | 2,361,798 | 2,362 | |
26,575 | |||
Total short-term securities (cost: $2,256,995,000) | 2,257,164 | ||
Total investment securities 105.40% (cost: $22,199,290,000) | 24,476,244 | ||
Other assets less liabilities (5.40)% | (1,254,512) | ||
Net assets 100.00% | $23,221,732 |
Contracts | Type | Number of contracts | Expiration | Notional amount (000) | Value and unrealized appreciation (depreciation) at 9/30/2022 (000) |
30 Day Federal Funds Futures | Long | 2,784 | December 2022 | USD1,117,112 | $645 |
2 Year U.S. Treasury Note Futures | Long | 1,434 | December 2022 | 294,530 | (4,770) |
5 Year U.S. Treasury Note Futures | Short | 179 | December 2022 | (19,244) | 250 |
10 Year U.S. Treasury Note Futures | Long | 500 | December 2022 | 56,031 | (1,964) |
10 Year Ultra U.S. Treasury Note Futures | Short | 2,903 | December 2022 | (343,960) | 21,067 |
20 Year U.S. Treasury Bond Futures | Long | 1,460 | December 2022 | 184,553 | (14,592) |
30 Year Ultra U.S. Treasury Bond Futures | Short | 64 | December 2022 | (8,768) | 834 |
$1,470 |
Reference index | Financing rate paid | Payment frequency | Expiration date | Notional amount (000) | Value at 9/30/2022 (000) | Upfront premium received (000) | Unrealized appreciation at 9/30/2022 (000) |
CDX.NA.IG.39 | 1.00% | Quarterly | 12/20/2027 | USD238,057 | $845 | $(280) | $1,125 |
Value of affiliates at 1/1/2022 (000) | Additions (000) | Reductions (000) | Net realized loss (000) | Net unrealized appreciation (depreciation) (000) | Value of affiliates at 9/30/2022 (000) | Dividend income (000) | ||||
Common stocks 0.00% | ||||||||||
Health care 0.00% | ||||||||||
NuCana PLC (ADR)19 | $7,086 | $— | $2,674 | $(14,288) | $9,876 | $— | $— | |||
Investment funds 5.88% | ||||||||||
Capital Group Central Corporate Bond Fund | 1,617,261 | 70,935 | — | — | (323,720) | 1,364,476 | 31,623 | |||
Short-term securities 9.67% | ||||||||||
Money market investments 9.61% | ||||||||||
Capital Group Central Cash Fund 2.81%17 | 1,417,334 | 3,413,801 | 2,600,123 | (307) | (116) | 2,230,589 | 16,532 | |||
Money market investments purchased with collateral from securities on loan 0.06% | ||||||||||
Capital Group Central Cash Fund 2.81%17,18 | 8,492 | 6,26920 | 14,761 | —21 | ||||||
Total short-term securities | 2,245,350 | |||||||||
Total 15.55% | $(14,595) | $(313,960) | $3,609,826 | $48,155 |
Acquisition date | Cost (000) | Value (000) | Percent of net assets | |||
Carbon Health Technologies, Inc., convertible preferred shares, 1.00% 20243 | 7/9/2021 | $50,000 | $50,000 | .22% | ||
Rotech Healthcare, Inc.1,3 | 8/22/2014 | 6,949 | 19,703 | .08 | ||
Sberbank of Russia PJSC1,3 | 6/8/2022 | 29,668 | —5 | .00 | ||
Total | $86,617 | $69,703 | .30% |
1 | Security did not produce income during the last 12 months. |
2 | All or a portion of this security was on loan. The total value of all such securities was $28,369,000, which represented .12% of the net assets of the fund. |
3 | Value determined using significant unobservable inputs. |
4 | Restricted security, other than Rule 144A, subject to legal or contractual restrictions on resale, including private placement securities not registered under the Securities Act of 1933. The total value of all such restricted securities was $69,703,000, which represented .30% of the net assets of the fund. |
5 | Amount less than one thousand. |
6 | Acquired in a transaction exempt from registration under Rule 144A of the Securities Act of 1933. May be resold in the U.S. in transactions exempt from registration, normally to qualified institutional buyers. The total value of all such securities was $1,095,188,000, which represented 4.72% of the net assets of the fund. |
7 | Part of the same “group of investment companies“ as the fund as defined under the Investment Company Act of 1940, as amended. |
8 | Principal payments may be made periodically. Therefore, the effective maturity date may be earlier than the stated maturity date. |
9 | Coupon rate may change periodically. Reference rate and spread are as of the most recent information available. Some coupon rates are determined by the issuer or agent based on current market conditions; therefore, the reference rate and spread are not available. |
10 | Purchased on a TBA basis. |
11 | All or a portion of this security was pledged as collateral. The total value of pledged collateral was $50,719,000, which represented .22% of the net assets of the fund. |
12 | Index-linked bond whose principal amount moves with a government price index. |
13 | Step bond; coupon rate may change at a later date. |
14 | Loan participations and assignments; may be subject to legal or contractual restrictions on resale. The total value of all such loans was $12,328,000, which represented .05% of the net assets of the fund. |
15 | Scheduled interest and/or principal payment was not received. |
16 | Payment in kind; the issuer has the option of paying additional securities in lieu of cash. Payment methods and rates are as of the most recent payment when available. |
17 | Rate represents the seven-day yield at 9/30/2022. |
18 | Security purchased with cash collateral from securities on loan. |
19 | Affiliated issuer during the reporting period but no longer held at 9/30/2022. |
20 | Represents net activity. |
21 | Dividend income is included with securities lending income and is not shown in this table. |
Common stocks 56.25% Financials 9.60% | Shares | Value (000) | |
B3 SA-Brasil, Bolsa, Balcao | 2,105,840 | $5,095 | |
Zurich Insurance Group AG | 10,695 | 4,252 | |
DNB Bank ASA | 157,915 | 2,500 | |
Toronto-Dominion Bank (CAD denominated) | 32,574 | 1,998 | |
PNC Financial Services Group, Inc. | 12,258 | 1,832 | |
Kotak Mahindra Bank, Ltd. | 80,217 | 1,776 | |
Housing Development Finance Corp., Ltd. | 56,653 | 1,578 | |
Citigroup, Inc. | 31,584 | 1,316 | |
DBS Group Holdings, Ltd. | 56,200 | 1,299 | |
HDFC Bank, Ltd. | 69,274 | 1,200 | |
Tradeweb Markets, Inc., Class A | 20,260 | 1,143 | |
BlackRock, Inc. | 1,965 | 1,081 | |
AIA Group, Ltd. | 128,200 | 1,064 | |
ING Groep NV | 100,216 | 859 | |
Nasdaq, Inc. | 12,318 | 698 | |
Bank Central Asia Tbk PT | 1,148,600 | 641 | |
JPMorgan Chase & Co. | 5,542 | 579 | |
BNP Paribas SA | 13,097 | 553 | |
Tryg A/S | 25,226 | 518 | |
Aegon NV | 127,104 | 505 | |
Münchener Rückversicherungs-Gesellschaft AG | 1,924 | 465 | |
Banco Santander, SA | 184,976 | 430 | |
CME Group, Inc., Class A | 2,292 | 406 | |
Ping An Insurance (Group) Company of China, Ltd., Class H | 66,500 | 331 | |
Ping An Insurance (Group) Company of China, Ltd., Class A | 11,400 | 66 | |
KBC Groep NV | 8,010 | 376 | |
FinecoBank SpA | 28,159 | 346 | |
Fairfax Financial Holdings, Ltd., subordinate voting shares | 552 | 252 | |
Allfunds Group PLC | 18,078 | 133 | |
Lufax Holding, Ltd. (ADR) | 47,602 | 121 | |
33,413 | |||
Industrials 7.83% | |||
Raytheon Technologies Corp. | 73,529 | 6,019 | |
General Electric Co. | 40,999 | 2,538 | |
BAE Systems PLC | 271,343 | 2,384 | |
Thales SA | 20,571 | 2,269 | |
General Dynamics Corp. | 8,750 | 1,857 | |
Carrier Global Corp. | 50,687 | 1,802 | |
Siemens AG | 13,844 | 1,370 | |
VINCI SA | 16,178 | 1,300 | |
RELX PLC | 48,380 | 1,181 | |
Honeywell International, Inc. | 6,804 | 1,136 | |
CSX Corp. | 39,207 | 1,045 | |
SMC Corp. | 2,100 | 847 | |
LIXIL Corp. | 56,000 | 812 |
Common stocks (continued) Industrials (continued) | Shares | Value (000) | |
L3Harris Technologies, Inc. | 2,346 | $488 | |
Safran SA | 4,525 | 411 | |
Deutsche Post AG | 10,330 | 314 | |
NIBE Industrier AB, Class B | 31,544 | 280 | |
Airbus SE, non-registered shares | 2,836 | 245 | |
Brenntag SE | 3,756 | 229 | |
Trelleborg AB, Class B | 11,334 | 211 | |
Bureau Veritas SA | 8,207 | 183 | |
Melrose Industries PLC | 156,807 | 175 | |
DSV A/S | 1,312 | 152 | |
Ryanair Holdings PLC (ADR)1 | 100 | 6 | |
27,254 | |||
Health care 7.32% | |||
Abbott Laboratories | 61,554 | 5,956 | |
Siemens Healthineers AG | 55,527 | 2,405 | |
UnitedHealth Group, Inc. | 4,669 | 2,358 | |
Novartis AG | 29,723 | 2,266 | |
Gilead Sciences, Inc. | 28,411 | 1,753 | |
Thermo Fisher Scientific, Inc. | 3,420 | 1,735 | |
AstraZeneca PLC | 12,992 | 1,429 | |
Merck KGaA | 8,425 | 1,375 | |
PerkinElmer, Inc. | 8,861 | 1,066 | |
AbbVie, Inc. | 7,266 | 975 | |
Medtronic PLC | 11,536 | 932 | |
Stryker Corp. | 4,201 | 851 | |
Amgen, Inc. | 3,541 | 798 | |
Humana, Inc. | 1,210 | 587 | |
BioMarin Pharmaceutical, Inc.1 | 6,854 | 581 | |
Bayer AG | 8,827 | 407 | |
25,474 | |||
Information technology 6.85% | |||
Broadcom, Inc. | 17,172 | 7,625 | |
Microsoft Corp. | 32,599 | 7,592 | |
Micron Technology, Inc. | 45,811 | 2,295 | |
Apple, Inc. | 15,009 | 2,074 | |
Taiwan Semiconductor Manufacturing Company, Ltd. | 101,000 | 1,328 | |
GlobalWafers Co., Ltd. | 90,000 | 1,024 | |
ServiceNow, Inc.1 | 2,241 | 846 | |
Accenture PLC, Class A | 3,103 | 799 | |
Applied Materials, Inc. | 2,383 | 195 | |
Texas Instruments, Inc. | 380 | 59 | |
23,837 | |||
Consumer staples 5.41% | |||
Nestlé SA | 36,894 | 3,995 | |
ITC, Ltd. | 931,338 | 3,783 | |
Philip Morris International, Inc. | 37,027 | 3,074 | |
Imperial Brands PLC | 98,956 | 2,042 | |
Seven & i Holdings Co., Ltd. | 32,400 | 1,301 | |
Pernod Ricard SA | 5,817 | 1,063 | |
British American Tobacco PLC | 28,637 | 1,024 | |
Heineken NV | 7,770 | 681 | |
Altria Group, Inc. | 14,836 | 599 |
Common stocks (continued) Consumer staples (continued) | Shares | Value (000) | |
Inner Mongolia Yili Industrial Group Co., Ltd., Class A | 104,700 | $486 | |
Treasury Wine Estates, Ltd. | 39,933 | 321 | |
Kweichow Moutai Co., Ltd., Class A | 1,021 | 269 | |
Davide Campari-Milano NV | 21,508 | 191 | |
18,829 | |||
Utilities 4.89% | |||
DTE Energy Company | 30,715 | 3,534 | |
Power Grid Corporation of India, Ltd. | 1,043,680 | 2,701 | |
NextEra Energy, Inc. | 29,117 | 2,283 | |
Duke Energy Corp. | 17,404 | 1,619 | |
National Grid PLC | 131,956 | 1,362 | |
Public Service Enterprise Group, Inc. | 22,759 | 1,280 | |
E.ON SE | 162,912 | 1,261 | |
Dominion Energy, Inc. | 14,972 | 1,034 | |
ENN Energy Holdings, Ltd. | 65,800 | 875 | |
Iberdrola, SA, non-registered shares | 79,584 | 740 | |
Enel SpA | 82,920 | 340 | |
17,029 | |||
Materials 3.60% | |||
Freeport-McMoRan, Inc. | 89,735 | 2,452 | |
Linde PLC | 6,697 | 1,805 | |
BHP Group, Ltd. (CDI) | 63,965 | 1,607 | |
Evonik Industries AG | 90,277 | 1,522 | |
Fortescue Metals Group, Ltd. | 108,522 | 1,163 | |
Shin-Etsu Chemical Co., Ltd. | 11,500 | 1,142 | |
Rio Tinto PLC | 20,899 | 1,132 | |
Vale SA (ADR), ordinary nominative shares | 67,128 | 894 | |
UPM-Kymmene Oyj | 15,029 | 478 | |
Air Liquide SA, non-registered shares | 2,914 | 332 | |
12,527 | |||
Energy 3.37% | |||
Canadian Natural Resources, Ltd. (CAD denominated) | 104,108 | 4,846 | |
Neste OYJ | 43,838 | 1,901 | |
Shell PLC (GBP denominated) | 55,612 | 1,384 | |
Chevron Corp. | 8,302 | 1,193 | |
BP PLC | 192,450 | 915 | |
TC Energy Corp. (CAD denominated) | 12,366 | 498 | |
DT Midstream, Inc. | 7,614 | 395 | |
Baker Hughes Co., Class A | 17,643 | 370 | |
Woodside Energy Group, Ltd. (CDI) | 11,841 | 243 | |
11,745 | |||
Communication services 3.28% | |||
Alphabet, Inc., Class A1 | 26,007 | 2,488 | |
Alphabet, Inc., Class C1 | 8,509 | 818 | |
Netflix, Inc.1 | 8,277 | 1,949 | |
Comcast Corp., Class A | 44,046 | 1,292 | |
Singapore Telecommunications, Ltd. | 625,700 | 1,152 | |
BCE, Inc.2 | 22,896 | 960 | |
Omnicom Group, Inc. | 10,932 | 690 | |
Universal Music Group NV | 32,072 | 604 | |
SoftBank Corp. | 56,600 | 566 |
Common stocks (continued) Communication services (continued) | Shares | Value (000) | |
Electronic Arts, Inc. | 4,021 | $465 | |
Meta Platforms, Inc., Class A1 | 3,161 | 429 | |
11,413 | |||
Consumer discretionary 2.34% | |||
LVMH Moët Hennessy-Louis Vuitton SE | 2,496 | 1,467 | |
Ferrari NV | 4,104 | 759 | |
Ferrari NV (EUR denominated) | 1,623 | 303 | |
Tesla, Inc.1 | 3,606 | 957 | |
General Motors Company | 28,932 | 929 | |
Cie. Financière Richemont SA, Class A | 8,744 | 821 | |
InterContinental Hotels Group PLC | 12,713 | 610 | |
Amazon.com, Inc.1 | 4,755 | 537 | |
Astra International Tbk PT | 1,050,300 | 453 | |
Starbucks Corp. | 4,844 | 408 | |
Royal Caribbean Cruises, Ltd.1 | 8,761 | 332 | |
Airbnb, Inc., Class A1 | 2,679 | 281 | |
Aptiv PLC1 | 2,744 | 215 | |
D.R. Horton, Inc. | 865 | 58 | |
JD.com, Inc., Class A | 1,200 | 30 | |
8,160 | |||
Real estate 1.76% | |||
Crown Castle, Inc. REIT | 10,746 | 1,553 | |
Embassy Office Parks REIT | 353,699 | 1,502 | |
Equinix, Inc. REIT | 2,099 | 1,194 | |
CTP NV | 106,119 | 1,096 | |
Digital Realty Trust, Inc. REIT | 4,684 | 465 | |
Americold Realty Trust, Inc. REIT | 13,585 | 334 | |
6,144 | |||
Total common stocks (cost: $202,822,000) | 195,825 | ||
Preferred securities 0.72% Financials 0.42% | |||
Fannie Mae, Series S, 8.25% noncumulative preferred shares1 | 223,000 | 821 | |
Federal Home Loan Mortgage Corp., Series Z, 8.375% noncumulative preferred shares1 | 192,000 | 641 | |
1,462 | |||
Consumer discretionary 0.30% | |||
Dr. Ing. h.c. F. Porsche AG, nonvoting non-registered shares1 | 13,113 | 1,060 | |
Total preferred securities (cost: $2,599,000) | 2,522 | ||
Convertible stocks 0.33% Utilities 0.22% | |||
NextEra Energy, Inc., noncumulative convertible preferred units, 6.926% 2025 | 16,500 | 759 | |
Health care 0.11% | |||
Danaher Corp., Series B, cumulative convertible preferred shares, 5.00% 20232 | 300 | 404 | |
Total convertible stocks (cost: $1,214,000) | 1,163 |
Investment funds 0.48% | Shares | Value (000) | |
Capital Group Central Corporate Bond Fund3 | 209,799 | $1,672 | |
Total investment funds (cost: $1,816,000) | 1,672 | ||
Bonds, notes & other debt instruments 35.57% U.S. Treasury bonds & notes 14.00% U.S. Treasury 13.46% | Principal amount (000) | ||
U.S. Treasury 2.50% 2023 | USD1,182 | 1,174 | |
U.S. Treasury 2.75% 2023 | 1,485 | 1,474 | |
U.S. Treasury 1.00% 2024 | 1,880 | 1,752 | |
U.S. Treasury 1.50% 2024 | 5,058 | 4,863 | |
U.S. Treasury 1.50% 2024 | 1,300 | 1,229 | |
U.S. Treasury 2.50% 2024 | 995 | 967 | |
U.S. Treasury 3.25% 2024 | 706 | 693 | |
U.S. Treasury 0.25% 2025 | 1,004 | 894 | |
U.S. Treasury 0.375% 2025 | 50 | 44 | |
U.S. Treasury 1.75% 2025 | 440 | 414 | |
U.S. Treasury 2.875% 2025 | 1,031 | 994 | |
U.S. Treasury 3.125% 2025 | 18 | 17 | |
U.S. Treasury 0.50% 2026 | 500 | 441 | |
U.S. Treasury 0.625% 2026 | 500 | 437 | |
U.S. Treasury 0.75% 2026 | 2,075 | 1,842 | |
U.S. Treasury 0.875% 2026 | 500 | 440 | |
U.S. Treasury 0.875% 2026 | 454 | 402 | |
U.S. Treasury 1.125% 2026 | 320 | 284 | |
U.S. Treasury 1.875% 2027 | 6,696 | 6,097 | |
U.S. Treasury 2.25% 2027 | 298 | 275 | |
U.S. Treasury 2.50% 2027 | 1,325 | 1,237 | |
U.S. Treasury 2.75% 2027 | 6,460 | 6,095 | |
U.S. Treasury 2.75% 2027 | 46 | 43 | |
U.S. Treasury 3.125% 2027 | 3,620 | 3,471 | |
U.S. Treasury 2.875% 2028 | 1,275 | 1,198 | |
U.S. Treasury 2.875% 2028 | 557 | 523 | |
U.S. Treasury 0.625% 2030 | 823 | 648 | |
U.S. Treasury 0.625% 2030 | 650 | 509 | |
U.S. Treasury 1.25% 2031 | 575 | 465 | |
U.S. Treasury 1.375% 2031 | 834 | 678 | |
U.S. Treasury 1.625% 2031 | 375 | 315 | |
U.S. Treasury 1.875% 2032 | 2,909 | 2,466 | |
U.S. Treasury 2.75% 2032 | 53 | 49 | |
U.S. Treasury 2.875% 2032 | 640 | 592 | |
U.S. Treasury 1.875% 20414 | 920 | 653 | |
U.S. Treasury 2.25% 2041 | 525 | 397 | |
U.S. Treasury 2.875% 2046 | 400 | 327 | |
U.S. Treasury 1.25% 2050 | 140 | 78 | |
U.S. Treasury 1.875% 20514 | 1,316 | 871 | |
U.S. Treasury 2.00% 2051 | 560 | 383 | |
U.S. Treasury 2.375% 2051 | 490 | 367 | |
U.S. Treasury 2.25% 2052 | 765 | 556 | |
U.S. Treasury 2.875% 2052 | 217 | 182 | |
46,836 |
Bonds, notes & other debt instruments (continued) U.S. Treasury bonds & notes (continued) U.S. Treasury inflation-protected securities 0.54% | Principal amount (000) | Value (000) | |
U.S. Treasury Inflation-Protected Security 0.125% 20245 | USD824 | $795 | |
U.S. Treasury Inflation-Protected Security 0.125% 20245 | 572 | 550 | |
U.S. Treasury Inflation-Protected Security 0.375% 20275 | 366 | 341 | |
U.S. Treasury Inflation-Protected Security 1.00% 20495 | 247 | 202 | |
1,888 | |||
Total U.S. Treasury bonds & notes | 48,724 | ||
Bonds & notes of governments & government agencies outside the U.S. 12.44% | |||
Abu Dhabi (Emirate of) 2.50% 20226 | 200 | 200 | |
Abu Dhabi (Emirate of) 0.75% 20236 | 275 | 266 | |
Agricultural Development Bank of China 3.75% 2029 | CNY550 | 81 | |
Asian Development Bank 1.125% 2025 | GBP100 | 101 | |
Australia (Commonwealth of), Series 152, 2.75% 2028 | AUD310 | 188 | |
Australia (Commonwealth of), Series 163, 1.00% 2031 | 150 | 75 | |
Australia (Commonwealth of), Series 157, 1.50% 2031 | 1,055 | 557 | |
Australia (Commonwealth of), Series 166, 3.00% 2033 | 2,250 | 1,320 | |
Austria (Republic of) 0% 2031 | EUR660 | 517 | |
Brazil (Federative Republic of) 10.00% 2023 | BRL600 | 110 | |
Brazil (Federative Republic of) 0% 2024 | 1,700 | 272 | |
Brazil (Federative Republic of) 10.00% 2025 | 900 | 162 | |
Canada 0.75% 2024 | CAD1,125 | 768 | |
Canada 2.25% 2025 | 1,400 | 979 | |
Canada 0.25% 2026 | 570 | 369 | |
Canada 2.25% 2029 | 855 | 583 | |
Chile (Republic of) 5.80% 2024 | CLP85,000 | 83 | |
Chile (Republic of) 4.50% 2026 | 5,000 | 5 | |
Chile (Republic of) 5.00% 2028 | 60,000 | 57 | |
Chile (Republic of) 4.70% 2030 | 355,000 | 321 | |
China (People’s Republic of), Series 1910, 3.86% 2049 | CNY2,110 | 331 | |
China (People’s Republic of), Series INBK, 3.39% 2050 | 1,600 | 232 | |
China (People’s Republic of), Series INBK, 3.81% 2050 | 10,290 | 1,604 | |
China Development Bank Corp., Series 2008, 2.89% 2025 | 3,240 | 463 | |
China Development Bank Corp., Series 2009, 3.39% 2027 | 8,580 | 1,247 | |
China Development Bank Corp., Series 2004, 3.43% 2027 | 1,060 | 154 | |
China Development Bank Corp., Series 1805, 4.88% 2028 | 2,040 | 317 | |
Colombia (Republic of), Series B, 5.75% 2027 | COP2,331,300 | 382 | |
Colombia (Republic of), Series B, 7.00% 2031 | 5,308,700 | 820 | |
European Investment Bank 0.375% 2027 | EUR110 | 97 | |
European Investment Bank 0.25% 2032 | 860 | 661 | |
European Union 0% 2026 | 100 | 89 | |
European Union 0.25% 2026 | 50 | 45 | |
French Republic O.A.T. 0.75% 2028 | 640 | 577 | |
French Republic O.A.T. 0% 2030 | 1,320 | 1,061 | |
French Republic O.A.T. 0% 2032 | 650 | 494 | |
French Republic O.A.T. 2.00% 2032 | 610 | 559 | |
French Republic O.A.T. 3.25% 2045 | 160 | 163 | |
Germany (Federal Republic of) 0% 2027 | 950 | 854 | |
Germany (Federal Republic of) 0% 2031 | 2,600 | 2,130 | |
Germany (Federal Republic of) 0% 2032 | 540 | 436 | |
Germany (Federal Republic of) 1.00% 2038 | 640 | 525 | |
Germany (Federal Republic of) 0% 2050 | 200 | 110 | |
Greece (Hellenic Republic of) 3.45% 2024 | 110 | 109 | |
Greece (Hellenic Republic of) 3.375% 2025 | 300 | 294 |
Bonds, notes & other debt instruments (continued) Bonds & notes of governments & government agencies outside the U.S. (continued) | Principal amount (000) | Value (000) | |
Greece (Hellenic Republic of) 1.75% 2032 | EUR790 | $593 | |
Hungary (Republic of) 2.125% 20316 | USD460 | 316 | |
Hungary (Republic of) 3.125% 20516 | 200 | 107 | |
India (Republic of) 5.15% 2025 | INR8,000 | 93 | |
Indonesia (Republic of), Series 78, 8.25% 2029 | IDR1,833,000 | 126 | |
Indonesia (Republic of), Series 87, 6.50% 2031 | 1,253,000 | 78 | |
Israel (State of) 2.875% 2024 | EUR200 | 195 | |
Israel (State of) 1.50% 2027 | 100 | 90 | |
Italy (Republic of) 1.35% 2030 | 660 | 533 | |
Japan, Series 17, 0.10% 20235 | JPY10,770 | 76 | |
Japan, Series 19, 0.10% 20245 | 31,260 | 223 | |
Japan, Series 18, 0.10% 20245 | 21,420 | 152 | |
Japan, Series 150, 0.005% 2026 | 84,950 | 586 | |
Japan, Series 346, 0.10% 2027 | 134,150 | 930 | |
Japan, Series 22, 0.10% 20275 | 26,142 | 191 | |
Japan, Series 365, 0.10% 2031 | 317,600 | 2,166 | |
Japan, Series 363, 0.10% 2031 | 56,000 | 381 | |
Japan, Series 152, 1.20% 2035 | 264,400 | 1,973 | |
Japan, Series 179, 0.50% 2041 | 71,600 | 454 | |
Japan, Series 42, 1.70% 2044 | 50,150 | 388 | |
Japan, Series 37, 0.60% 2050 | 26,950 | 154 | |
Japan, Series 74, 1.00% 2052 | 93,200 | 587 | |
KfW 1.125% 2025 | GBP95 | 95 | |
Malaysia (Federation of), Series 0119, 3.906% 2026 | MYR1,380 | 296 | |
Malaysia (Federation of), Series 0219, 3.885% 2029 | 620 | 130 | |
Malaysia (Federation of), Series 0519, 3.757% 2040 | 270 | 50 | |
Morocco (Kingdom of) 3.50% 2024 | EUR100 | 97 | |
Morocco (Kingdom of) 1.50% 2031 | 100 | 65 | |
Netherlands (Kingdom of the) 5.50% 2028 | 100 | 114 | |
Nova Scotia (Province of) 3.15% 2051 | CAD170 | 102 | |
Peru (Republic of) 2.392% 2026 | USD90 | 82 | |
Philippines (Republic of) 0.001% 2024 | JPY100,000 | 683 | |
Philippines (Republic of) 0.25% 2025 | EUR100 | 90 | |
Philippines (Republic of) 1.648% 2031 | USD200 | 151 | |
Poland (Republic of), Series 1029, 2.75% 2029 | PLN410 | 63 | |
Portuguese Republic 0.475% 2030 | EUR230 | 186 | |
Romania 2.125% 2028 | 130 | 99 | |
Romania 3.624% 2030 | 532 | 394 | |
Romania 2.00% 2032 | 100 | 61 | |
Romania 2.00% 2033 | 200 | 117 | |
Romania 3.375% 2038 | 80 | 49 | |
Romania 4.625% 2049 | 39 | 25 | |
Romania 3.375% 2050 | 73 | 37 | |
Russian Federation 7.00% 20237 | RUB16,600 | 68 | |
Russian Federation 2.875% 2025 | EUR200 | 77 | |
Russian Federation 4.25% 20277 | USD200 | 89 | |
Russian Federation 4.375% 20297 | 200 | 81 | |
Russian Federation 6.90% 20297 | RUB28,250 | 115 | |
Russian Federation 7.65% 20307 | 38,320 | 156 | |
Russian Federation 5.90% 20317 | 5,620 | 23 | |
Russian Federation 6.90% 20317 | 18,200 | 74 | |
Russian Federation 8.50% 20317 | 5,530 | 22 | |
Russian Federation 7.70% 20337 | 23,030 | 88 | |
Russian Federation 7.25% 20347 | 8,140 | 31 | |
Serbia (Republic of) 3.125% 2027 | EUR685 | 549 |
Bonds, notes & other debt instruments (continued) Bonds & notes of governments & government agencies outside the U.S. (continued) | Principal amount (000) | Value (000) | |
Serbia (Republic of) 3.125% 2027 | EUR640 | $513 | |
Serbia (Republic of) 2.05% 2036 | 185 | 96 | |
South Africa (Republic of), Series R-2030, 8.00% 2030 | ZAR3,000 | 142 | |
Spain (Kingdom of) 0% 2027 | EUR335 | 293 | |
Spain (Kingdom of) 0.80% 2027 | 490 | 440 | |
Spain (Kingdom of) 0.50% 2031 | 395 | 307 | |
Spain (Kingdom of) 0.70% 2032 | 830 | 647 | |
Tunisia (Republic of) 6.75% 2023 | 260 | 195 | |
Tunisia (Republic of) 6.75% 2023 | 150 | 113 | |
Ukraine 6.876% 20316 | USD250 | 47 | |
Ukraine 6.876% 2031 | 200 | 37 | |
United Kingdom 2.75% 2024 | GBP50 | 54 | |
United Kingdom 1.25% 2027 | 410 | 396 | |
United Kingdom 0.375% 2030 | 490 | 407 | |
United Kingdom 0.25% 2031 | 160 | 127 | |
United Kingdom 4.25% 2032 | 1,395 | 1,579 | |
United Kingdom 3.25% 2044 | 174 | 175 | |
United Kingdom 1.25% 2051 | 200 | 125 | |
United Mexican States, Series M, 5.75% 2026 | MXN18,200 | 794 | |
United Mexican States, Series M, 7.50% 2027 | 1,950 | 89 | |
United Mexican States, Series M, 7.75% 2031 | 5,000 | 221 | |
United Mexican States, Series M, 8.00% 2047 | 5,120 | 215 | |
United Mexican States, Series M, 8.00% 2053 | 18,880 | 791 | |
43,322 | |||
Corporate bonds, notes & loans 6.10% Financials 1.93% | |||
ACE INA Holdings, Inc. 2.875% 2022 | USD10 | 10 | |
ACE INA Holdings, Inc. 3.35% 2026 | 10 | 9 | |
ACE INA Holdings, Inc. 4.35% 2045 | 20 | 17 | |
AIA Group, Ltd. 0.88% 2033 (5-year EUR Annual Swap + 1.10% on 9/9/2028)8 | EUR200 | 151 | |
Allianz SE 4.75% perpetual bonds (3-month EUR-EURIBOR + 3.60% on 10/24/2023)8 | 100 | 97 | |
Banco Santander, SA 5.147% 2025 | USD200 | 194 | |
Bank of America Corp. 0.976% 2025 (USD-SOFR + 0.69% on 4/22/2024)8 | 200 | 186 | |
Bank of America Corp. 1.319% 2026 (USD-SOFR + 1.15% on 6/19/2025)8 | 500 | 444 | |
Bank of America Corp. 1.734% 2027 (USD-SOFR + 0.96% on 7/22/2026)8 | 160 | 137 | |
Bank of America Corp. 3.419% 2028 (3-month USD-LIBOR + 1.04% on 12/20/2027)8 | 236 | 210 | |
Bank of America Corp. 2.496% 2031 (3-month USD-LIBOR + 0.99% on 2/13/2030)8 | 20 | 16 | |
Barclays Bank PLC 5.304% 2026 (1-year UST Yield Curve Rate T Note Constant Maturity + 2.30% on 8/9/2025)8 | 475 | 457 | |
Citigroup, Inc. 0.981% 2025 (USD-SOFR + 0.669% on 5/1/2024)8 | 103 | 96 | |
Citigroup, Inc. 3.106% 2026 (USD-SOFR + 2.842% on 3/8/2026)8 | 175 | 164 | |
Citigroup, Inc. 1.462% 2027 (USD-SOFR + 0.67% on 6/9/2026)8 | 310 | 264 | |
Citigroup, Inc. 3.07% 2028 (USD-SOFR + 1.28% on 2/24/2027)8 | 110 | 98 | |
Citigroup, Inc. 4.91% 2033 (USD-SOFR + 2.086% on 5/24/2032)8 | 29 | 27 | |
Commonwealth Bank of Australia 2.688% 20316 | 225 | 169 | |
Corebridge Financial, Inc. 3.90% 20326 | 59 | 50 | |
Goldman Sachs Group, Inc. 3.50% 2025 | 207 | 198 | |
Goldman Sachs Group, Inc. 1.00% 20339 | EUR210 | 143 | |
Goldman Sachs Group, Inc. 4.017% 2038 (3-month USD-LIBOR + 1.373% on 10/31/2037)8 | USD78 | 62 | |
Groupe BPCE SA 5.70% 20236 | 200 | 198 | |
Groupe BPCE SA 1.00% 2025 | EUR100 | 92 | |
HSBC Holdings PLC 4.292% 2026 (3-month USD-LIBOR + 1.348% on 9/12/2025)8 | USD200 | 189 | |
Intercontinental Exchange, Inc. 4.00% 2027 | 390 | 371 | |
JPMorgan Chase & Co. 1.578% 2027 (USD-SOFR + 0.885% on 4/22/2026)8 | 186 | 161 |
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Financials (continued) | Principal amount (000) | Value (000) | |
JPMorgan Chase & Co. 4.493% 2031 (USD-SOFR + 3.79% on 3/24/2030)8 | USD160 | $146 | |
Morgan Stanley 0.985% 2026 (USD-SOFR + 0.72% on 12/10/2025)8 | 200 | 173 | |
Morgan Stanley 3.125% 2026 | 110 | 101 | |
Morgan Stanley 1.593% 2027 (USD-SOFR + 0.879% on 5/4/2026)8 | 126 | 109 | |
Morgan Stanley 2.699% 2031 (USD-SOFR + 1.143% on 1/22/2030)8 | 72 | 58 | |
Morgan Stanley 2.95% 2032 (3-month EUR-EURIBOR + 1.245% on 5/7/2031)8 | EUR510 | 442 | |
New York Life Insurance Company 3.75% 20506 | USD23 | 17 | |
Nordea Bank AB 3.60% 20256 | 200 | 191 | |
PNC Financial Services Group, Inc. 2.854% 20228 | 100 | 100 | |
Royal Bank of Canada 1.20% 2026 | 175 | 153 | |
UBS Group AG 4.49% 2025 (1-year UST Yield Curve Rate T Note Constant Maturity + 1.60% on 8/5/2024)6,8 | 450 | 439 | |
Wells Fargo & Company 2.393% 2028 (USD-SOFR + 2.10% on 6/2/2027)8 | 400 | 344 | |
Wells Fargo & Company 3.526% 2028 (USD-SOFR + 1.51% on 3/24/2027)8 | 210 | 190 | |
Wells Fargo & Company 4.611% 2053 (USD-SOFR + 2.13% on 4/25/2052)8 | 62 | 50 | |
6,723 | |||
Utilities 0.91% | |||
Alabama Power Co. 3.00% 2052 | 250 | 164 | |
CMS Energy Corp. 3.00% 2026 | 150 | 139 | |
Consumers Energy Co. 3.60% 2032 | 250 | 223 | |
Duke Energy Carolinas, LLC 3.05% 2023 | 280 | 278 | |
Duke Energy Progress, LLC 3.70% 2028 | 75 | 70 | |
E.On SE 1.625% 2031 | EUR240 | 192 | |
Edison International 4.125% 2028 | USD160 | 143 | |
Enel Finance International SA 1.875% 20286 | 200 | 156 | |
Enersis Américas SA 4.00% 2026 | 35 | 33 | |
Entergy Louisiana, LLC 4.75% 2052 | 100 | 87 | |
Exelon Corp. 3.40% 2026 | 150 | 141 | |
FirstEnergy Corp. 3.50% 20286 | 35 | 32 | |
Florida Power & Light Company 2.875% 2051 | 120 | 79 | |
Interstate Power and Light Co. 2.30% 2030 | 50 | 40 | |
NextEra Energy Capital Holdings, Inc. 2.75% 2029 | 232 | 195 | |
Niagara Mohawk Power Corp. 3.508% 20246 | 85 | 82 | |
Pacific Gas and Electric Co. 2.95% 2026 | 25 | 22 | |
Pacific Gas and Electric Co. 2.10% 2027 | 100 | 81 | |
Pacific Gas and Electric Co. 3.00% 2028 | 140 | 116 | |
Pacific Gas and Electric Co. 4.65% 2028 | 114 | 101 | |
Pacific Gas and Electric Co. 4.55% 2030 | 31 | 27 | |
Pacific Gas and Electric Co. 2.50% 2031 | 600 | 437 | |
Pacific Gas and Electric Co. 3.25% 2031 | 50 | 38 | |
Pacific Gas and Electric Co. 3.50% 2050 | 137 | 84 | |
Xcel Energy, Inc. 3.35% 2026 | 216 | 201 | |
3,161 | |||
Consumer discretionary 0.76% | |||
Amazon.com, Inc. 2.80% 2024 | 45 | 44 | |
Bayerische Motoren Werke AG 3.90% 20256 | 70 | 68 | |
Bayerische Motoren Werke AG 4.15% 20306 | 70 | 65 | |
Daimler Trucks Finance North America, LLC 3.65% 20276 | 150 | 137 | |
General Motors Financial Co. 1.05% 2024 | 116 | 109 | |
General Motors Financial Co. 2.40% 2028 | 150 | 120 | |
Hyundai Capital America 1.50% 20266 | 250 | 213 | |
Hyundai Capital America 2.375% 20276 | 109 | 91 |
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Consumer discretionary (continued) | Principal amount (000) | Value (000) | |
Hyundai Capital Services, Inc. 3.75% 20236 | USD250 | $248 | |
Royal Caribbean Cruises, Ltd. 11.50% 20256 | 222 | 236 | |
Royal Caribbean Cruises, Ltd. 5.50% 20286 | 185 | 130 | |
Royal Caribbean Cruises, Ltd. 8.25% 20296 | 70 | 68 | |
Royal Caribbean Cruises, Ltd. 9.25% 20296 | 59 | 58 | |
Stellantis Finance US, Inc. 5.625% 20286 | 400 | 386 | |
Stellantis Finance US, Inc. 2.691% 20316 | 200 | 143 | |
Stellantis NV 1.25% 2033 | EUR500 | 328 | |
Toyota Motor Credit Corp. 3.375% 2030 | USD33 | 30 | |
Volkswagen International Finance NV 4.375% junior subordinated perpetual bonds (9-year EUR Mid-Swap + 3.36% on 3/28/2031)8 | EUR200 | 154 | |
2,628 | |||
Health care 0.46% | |||
Aetna, Inc. 2.80% 2023 | USD10 | 10 | |
Amgen, Inc. 1.90% 2025 | 40 | 37 | |
Amgen, Inc. 2.20% 2027 | 30 | 27 | |
Amgen, Inc. 4.20% 2033 | 280 | 254 | |
AstraZeneca Finance, LLC 2.25% 2031 | 69 | 56 | |
AstraZeneca PLC 3.50% 2023 | 150 | 149 | |
Becton, Dickinson and Company 3.734% 2024 | 10 | 9 | |
Becton, Dickinson and Company 3.70% 2027 | 43 | 40 | |
Becton, Dickinson and Company 2.823% 2030 | 28 | 23 | |
Becton, Dickinson and Company 4.298% 2032 | 320 | 292 | |
Cigna Corp. 4.125% 2025 | 80 | 78 | |
EMD Finance, LLC 3.25% 20256 | 250 | 239 | |
Stryker Corp. 0.75% 2029 | EUR210 | 169 | |
Takeda Pharmaceutical Company, Ltd. 2.25% 2026 | 100 | 94 | |
UnitedHealth Group, Inc. 4.00% 2029 | USD135 | 126 | |
1,603 | |||
Communication services 0.42% | |||
AT&T, Inc. 2.75% 2031 | 375 | 301 | |
AT&T, Inc. 2.55% 2033 | 64 | 48 | |
Comcast Corp. 0% 2026 | EUR100 | 86 | |
Deutsche Telekom International Finance BV 9.25% 2032 | USD45 | 55 | |
Magallanes, Inc. 5.05% 20426 | 168 | 126 | |
Netflix, Inc. 3.875% 20299 | EUR200 | 173 | |
Orange SA 9.00% 20318 | USD65 | 78 | |
T-Mobile US, Inc. 2.05% 2028 | 200 | 166 | |
Verizon Communications, Inc. 0.375% 2029 | EUR140 | 111 | |
Verizon Communications, Inc. 2.55% 2031 | USD325 | 260 | |
Verizon Communications, Inc. 0.75% 2032 | EUR100 | 73 | |
1,477 | |||
Information technology 0.42% | |||
Apple, Inc. 3.35% 2032 | USD580 | 517 | |
Broadcom, Inc. 4.00% 20296 | 21 | 18 | |
Broadcom, Inc. 4.15% 2030 | 70 | 61 | |
Broadcom, Inc. 3.419% 20336 | 53 | 41 | |
Broadcom, Inc. 3.137% 20356 | 15 | 11 | |
Lenovo Group, Ltd. 5.875% 2025 | 269 | 266 | |
Mastercard, Inc. 2.00% 2031 | 102 | 81 | |
Microsoft Corp. 2.40% 2026 | 187 | 173 |
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Information technology (continued) | Principal amount (000) | Value (000) | |
Oracle Corp. 2.65% 2026 | USD216 | $195 | |
PayPal Holdings, Inc. 4.40% 2032 | 99 | 92 | |
1,455 | |||
Industrials 0.39% | |||
Boeing Company 4.508% 2023 | 400 | 399 | |
Canadian Pacific Railway, Ltd. 3.10% 2051 | 164 | 108 | |
Carrier Global Corp. 2.242% 2025 | 6 | 6 | |
Carrier Global Corp. 2.493% 2027 | 7 | 6 | |
CSX Corp. 3.80% 2050 | 6 | 5 | |
CSX Corp. 2.50% 2051 | 75 | 45 | |
General Electric Capital Corp. 4.418% 2035 | 200 | 179 | |
Lima Metro Line 2 Finance, Ltd. 5.875% 20346 | 96 | 91 | |
MISC Capital Two (Labuan), Ltd. 3.75% 20276 | 200 | 181 | |
Singapore Airlines, Ltd. 3.375% 2029 | 200 | 175 | |
United Technologies Corp. 4.125% 2028 | 170 | 159 | |
1,354 | |||
Energy 0.33% | |||
Canadian Natural Resources, Ltd. 2.95% 2030 | 161 | 133 | |
Energy Transfer Operating, LP 5.00% 2050 | 71 | 56 | |
Halliburton Company 3.80% 2025 | 2 | 2 | |
Kinder Morgan, Inc. 4.30% 2025 | 165 | 161 | |
MPLX, LP 5.50% 2049 | 123 | 105 | |
Petróleos Mexicanos 5.95% 2031 | 161 | 109 | |
Petróleos Mexicanos 6.75% 2047 | 107 | 60 | |
Qatar Petroleum 3.125% 20416 | 270 | 197 | |
Statoil ASA 3.70% 2024 | 50 | 49 | |
TransCanada Corp. 5.875% 2076 (3-month USD-LIBOR + 4.64% on 8/15/2026)8 | 288 | 269 | |
1,141 | |||
Consumer staples 0.23% | |||
Altria Group, Inc. 2.20% 2027 | EUR270 | 234 | |
Anheuser-Busch InBev NV 4.00% 2028 | USD100 | 95 | |
Anheuser-Busch InBev NV 4.75% 2029 | 220 | 215 | |
British American Tobacco PLC 3.215% 2026 | 62 | 55 | |
British American Tobacco PLC 3.557% 2027 | 105 | 92 | |
British American Tobacco PLC 4.70% 2027 | 67 | 63 | |
British American Tobacco PLC 3.462% 2029 | 75 | 61 | |
815 | |||
Real estate 0.14% | |||
American Tower Corp. 0.875% 2029 | EUR250 | 192 | |
Equinix, Inc. 2.15% 2030 | USD197 | 151 | |
Essex Portfolio, LP 3.50% 2025 | 120 | 115 | |
Essex Portfolio, LP 3.375% 2026 | 40 | 37 | |
495 |
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Materials 0.11% | Principal amount (000) | Value (000) | |
Celanese US Holdings, LLC 5.337% 2029 | EUR300 | $266 | |
Celanese US Holdings, LLC 6.379% 2032 | USD50 | 47 | |
Vale Overseas, Ltd. 3.75% 2030 | 94 | 76 | |
389 | |||
Total corporate bonds, notes & loans | 21,241 | ||
Mortgage-backed obligations 2.29% Federal agency mortgage-backed obligations 1.34% | |||
Fannie Mae Pool #FM7100 3.50% 205010 | 363 | 331 | |
Government National Mortgage Assn. 3.50% 205210,11 | 1,300 | 1,183 | |
Uniform Mortgage-Backed Security 2.50% 205210,11 | 590 | 495 | |
Uniform Mortgage-Backed Security 2.50% 205210,11 | 400 | 335 | |
Uniform Mortgage-Backed Security 4.00% 205210,11 | 1,145 | 1,063 | |
Uniform Mortgage-Backed Security 4.50% 205210,11 | 1,300 | 1,239 | |
4,646 | |||
Other mortgage-backed securities 0.95% | |||
Nordea Kredit 0.50% 204010 | DKK1,640 | 159 | |
Nykredit Realkredit AS, Series 01E, 1.50% 203710 | 511 | 56 | |
Nykredit Realkredit AS, Series 01E, 0.50% 204010 | 7,338 | 712 | |
Nykredit Realkredit AS, Series 01E, 1.50% 204010 | 1,299 | 141 | |
Nykredit Realkredit AS, Series 01E, 0.50% 204310 | 20,719 | 1,987 | |
Nykredit Realkredit AS, Series 01E, 0.50% 205010 | 1,378 | 118 | |
Nykredit Realkredit AS, Series CCE, 1.00% 205010 | 595 | 54 | |
Nykredit Realkredit AS, Series 01E, 1.00% 205310 | 869 | 78 | |
Realkredit Danmark AS 1.00% 205310 | 195 | 18 | |
3,323 | |||
Total mortgage-backed obligations | 7,969 | ||
Asset-backed obligations 0.70% | |||
AmeriCredit Automobile Receivables Trust, Series 2022-2, Class A2B, (30-day Average USD-SOFR + 1.15%) 3.434% 202510,12 | USD230 | 230 | |
CarMaxAuto Owner Trust, Series 2022-3, Class A2B, (30-day Average USD-SOFR + 0.77%) 3.055% 202510,12 | 128 | 128 | |
Exeter Automobile Receivables Trust, Series 2022-3A, Class A2, 3.45% 202410 | 94 | 94 | |
Exeter Automobile Receivables Trust, Series 2022-4A, Class A2, 3.99% 202410 | 73 | 73 | |
Ford Credit Auto Owner Trust, Series 2022-B, Class A2B, (30-day Average USD-SOFR + 0.60%) 2.885% 202510,12 | 116 | 116 | |
GM Financial Automobile Leasing Trust, Series 2022-3, Class A2B, (30-day Average USD-SOFR + 0.71%) 2.994% 202410,12 | 110 | 110 | |
GM Financial Consumer Automobile Receivables Trust, Series 2022-3, Class A2B, (30-day Average USD-SOFR + 0.60%) 2.885% 202510,12 | 121 | 121 | |
Hyundai Auto Receivables Trust, Series 2022-B, Class A2B, (30-day Average USD-SOFR + 0.58%) 2.865% 202510,12 | 120 | 120 | |
Nissan Auto Lease Trust, Series 2021-A, Class A3, 0.52% 202410 | 302 | 293 | |
Nissan Auto Lease Trust, Series 2022-A, Class A2B, (30-day Average USD-SOFR + 0.68%) 2.965% 202410,12 | 300 | 300 | |
Santander Drive Auto Receivables Trust, Series 2022-4, Class A2, 4.05% 202510 | 220 | 219 | |
Toyota Auto Receivables Owner Trust, Series 2022-C, Class A2B, (1-month USD-SOFR + 0.57%) 2.855% 202510,12 | 40 | 40 | |
Verizon Master Trust, Series 2022-3, Class A, 3.01% 2027 (3.76% on 11/20/2023)8,10 | 250 | 245 | |
Volkswagen Auto Lease Trust, Series 2022-A, Class A2, 3.02% 202410 | 167 | 165 | |
Westlake Automobile Receivables Trust, Series 2022-2A, Class A2A, 3.36% 20256,10 | 182 | 180 | |
2,434 |
Bonds, notes & other debt instruments (continued) Municipals 0.04% Ohio 0.02% | Principal amount (000) | Value (000) | |
Turnpike and Infrastructure Commission, Turnpike Rev. Ref. Bonds (Infrastructure Projects), Series 2020-A, 3.216% 2048 | USD100 | $73 | |
Texas 0.02% | |||
State of Texas, Grand Parkway Transportation Corp., Grand Parkway System Toll Rev. Ref. Bonds, Series 2020-B, 3.236% 2052 | 80 | 56 | |
Total municipals | 129 | ||
Total bonds, notes & other debt instruments (cost: $145,307,000) | 123,819 | ||
Short-term securities 8.13% Money market investments 7.76% | Shares | ||
Capital Group Central Cash Fund 2.81%3,13 | 270,056 | 27,003 | |
Money market investments purchased with collateral from securities on loan 0.37% | |||
Capital Group Central Cash Fund 2.81%3,13,14 | 7,215 | 722 | |
BlackRock Liquidity Funds – FedFund, Institutional Shares 2.76%13,14 | 115,427 | 116 | |
Goldman Sachs Financial Square Government Fund, Institutional Shares 2.93%13,14 | 115,634 | 116 | |
Invesco Short-Term Investments Trust – Government & Agency Portfolio, Institutional Class 2.88%13,14 | 115,426 | 115 | |
Morgan Stanley Institutional Liquidity Funds – Government Portfolio, Institutional Class 2.80%13,14 | 115,426 | 115 | |
State Street Institutional U.S. Government Money Market Fund, Institutional Class 2.91%13,14 | 115,426 | 115 | |
1,299 | |||
Total short-term securities (cost: $28,297,000) | 28,302 | ||
Total investment securities 101.48% (cost: $382,055,000) | 353,303 | ||
Other assets less liabilities (1.48)% | (5,167) | ||
Net assets 100.00% | $348,136 |
Contracts | Type | Number of contracts | Expiration | Notional amount (000) | Value and unrealized appreciation (depreciation) at 9/30/2022 (000) |
2 Year U.S. Treasury Note Futures | Short | 1 | December 2022 | USD(205) | $3 |
5 Year Euro-Bobl Futures | Long | 3 | December 2022 | 352 | (9) |
5 Year U.S. Treasury Note Futures | Long | 57 | December 2022 | 6,128 | (147) |
10 Year Italy Government Bond Futures | Short | 1 | December 2022 | (110) | 5 |
10 Year Euro-Bund Futures | Short | 11 | December 2022 | (1,493) | 1 |
10 Year Japanese Government Bond Futures | Short | 2 | December 2022 | (2,049) | 6 |
10 Year Australian Treasury Bond Futures | Long | 4 | December 2022 | 300 | (7) |
10 Year Ultra U.S. Treasury Note Futures | Short | 1 | December 2022 | (119) | 7 |
10 Year U.S. Treasury Note Futures | Short | 8 | December 2022 | (897) | 46 |
10 Year UK Gilt Futures | Short | 3 | December 2022 | (323) | 37 |
20 Year U.S. Treasury Bond Futures | Long | 2 | December 2022 | 253 | (20) |
Contracts | Type | Number of contracts | Expiration | Notional amount (000) | Value and unrealized appreciation (depreciation) at 9/30/2022 (000) |
30 Year Euro-Buxl Futures | Long | 2 | December 2022 | USD287 | $(26) |
30 Year Ultra U.S. Treasury Bond Futures | Short | 8 | December 2022 | (1,096) | 97 |
$(7) |
Contract amount | Counterparty | Settlement date | Unrealized (depreciation) appreciation at 9/30/2022 (000) | |||
Currency purchased (000) | Currency sold (000) | |||||
JPY | 93,270 | USD | 654 | Standard Chartered Bank | 10/5/2022 | $(10) |
JPY | 44,570 | USD | 328 | Morgan Stanley | 10/5/2022 | (20) |
USD | 643 | KRW | 894,770 | Standard Chartered Bank | 10/6/2022 | 20 |
USD | 296 | COP | 1,337,640 | Bank of America | 10/7/2022 | 7 |
USD | 503 | AUD | 750 | Standard Chartered Bank | 10/11/2022 | 24 |
USD | 193 | NZD | 320 | JPMorgan Chase | 10/13/2022 | 14 |
USD | 135 | AUD | 200 | Bank of America | 10/13/2022 | 7 |
USD | 138 | GBP | 120 | Standard Chartered Bank | 10/13/2022 | 4 |
EUR | 130 | USD | 125 | UBS AG | 10/13/2022 | 2 |
GBP | 40 | USD | 43 | Morgan Stanley | 10/13/2022 | 2 |
USD | 439 | MXN | 8,853 | JPMorgan Chase | 10/13/2022 | —15 |
EUR | 2,560 | DKK | 19,040 | JPMorgan Chase | 10/13/2022 | (1) |
USD | 225 | EUR | 230 | Standard Chartered Bank | 10/13/2022 | (1) |
SEK | 1,270 | USD | 118 | Bank of America | 10/13/2022 | (4) |
EUR | 270 | USD | 274 | UBS AG | 10/13/2022 | (9) |
EUR | 540 | USD | 542 | JPMorgan Chase | 10/13/2022 | (12) |
KRW | 500,000 | USD | 364 | Standard Chartered Bank | 10/13/2022 | (16) |
CAD | 530 | USD | 403 | HSBC Bank | 10/13/2022 | (19) |
EUR | 4,202 | USD | 4,192 | JPMorgan Chase | 10/13/2022 | (70) |
KRW | 1,261,900 | USD | 911 | Citibank | 10/14/2022 | (33) |
USD | 178 | MYR | 800 | Standard Chartered Bank | 10/17/2022 | 6 |
USD | 314 | MYR | 1,450 | Standard Chartered Bank | 10/17/2022 | 4 |
NZD | 470 | USD | 284 | UBS AG | 10/17/2022 | (21) |
JPY | 909,550 | USD | 6,333 | UBS AG | 10/17/2022 | (38) |
USD | 564 | CAD | 760 | JPMorgan Chase | 10/26/2022 | 14 |
GBP | 140 | USD | 150 | JPMorgan Chase | 10/26/2022 | 6 |
USD | 327 | GBP | 290 | Citibank | 10/26/2022 | 3 |
USD | 2,410 | MXN | 48,790 | Morgan Stanley | 10/26/2022 | —15 |
MXN | 6,900 | USD | 344 | Morgan Stanley | 10/26/2022 | (3) |
USD | 587 | GBP | 530 | Standard Chartered Bank | 10/26/2022 | (5) |
JPY | 123,180 | USD | 922 | Bank of America | 11/1/2022 | (69) |
JPY | 82,873 | AUD | 890 | JPMorgan Chase | 11/10/2022 | 5 |
USD | 420 | PLN | 1,940 | Citibank | 2/2/2023 | 37 |
USD | 245 | PLN | 1,150 | UBS AG | 2/2/2023 | 18 |
PLN | 4,260 | USD | 922 | Citibank | 2/2/2023 | (81) |
PLN | 1,940 | USD | 468 | BNP Paribas | 2/2/2023 | (85) |
$(324) |
Receive | Pay | Expiration date | Notional amount (000) | Value at 9/30/2022 (000) | Upfront premium paid (000) | Unrealized (depreciation) appreciation at 9/30/2022 (000) | ||
Rate | Payment frequency | Rate | Payment frequency | |||||
1.2475% | Semi-annual | 3-month NZD-BBR-FRA | Quarterly | 8/20/2023 | NZD375 | $(6) | $— | $(6) |
1.234974% | Semi-annual | 3-month NZD-BBR-FRA | Quarterly | 8/20/2023 | 3,197 | (50) | — | (50) |
1.2375% | Semi-annual | 3-month NZD-BBR-FRA | Quarterly | 8/26/2023 | 1,178 | (19) | — | (19) |
1.264% | Semi-annual | 3-month NZD-BBR-FRA | Quarterly | 8/27/2023 | 2,945 | (47) | — | (47) |
1.26% | Semi-annual | 3-month NZD-BBR-FRA | Quarterly | 8/30/2023 | 486 | (8) | — | (8) |
1.28% | Semi-annual | 3-month NZD-BBR-FRA | Quarterly | 8/31/2023 | 486 | (8) | — | (8) |
1.30% | Semi-annual | 3-month NZD-BBR-FRA | Quarterly | 9/3/2023 | 533 | (9) | — | (9) |
1.4975% | Semi-annual | 3-month NZD-BBR-FRA | Quarterly | 9/21/2023 | 1,001 | (16) | — | (16) |
1.445% | Semi-annual | 3-month NZD-BBR-FRA | Quarterly | 9/28/2023 | 1,000 | (17) | — | (17) |
1.4475% | Semi-annual | 3-month NZD-BBR-FRA | Quarterly | 9/29/2023 | 1,019 | (17) | — | (17) |
1.4475% | Semi-annual | 3-month NZD-BBR-FRA | Quarterly | 9/30/2023 | 1,023 | (18) | — | (18) |
1.5125% | Semi-annual | 3-month NZD-BBR-FRA | Quarterly | 10/14/2023 | 904 | (16) | — | (16) |
1.53% | Semi-annual | 3-month NZD-BBR-FRA | Quarterly | 10/14/2023 | 1,031 | (18) | — | (18) |
1.5625% | Semi-annual | 3-month NZD-BBR-FRA | Quarterly | 10/15/2023 | 1,029 | (18) | — | (18) |
1.59% | Semi-annual | 3-month NZD-BBR-FRA | Quarterly | 10/18/2023 | 1,029 | (18) | — | (18) |
1.62% | Semi-annual | 3-month NZD-BBR-FRA | Quarterly | 10/19/2023 | 1,144 | (19) | — | (19) |
Receive | Pay | Expiration date | Notional amount (000) | Value at 9/30/2022 (000) | Upfront premium paid (000) | Unrealized (depreciation) appreciation at 9/30/2022 (000) | ||||
Rate | Payment frequency | Rate | Payment frequency | |||||||
3.7697% | Semi-annual | 3-month NZD-BBR-FRA | Quarterly | 11/6/2023 | NZD5,500 | $(28) | $— | $(28) | ||
2.24% | Semi-annual | 3-month NZD-BBR-FRA | Quarterly | 11/8/2023 | 1,463 | (21) | — | (21) | ||
2.2525% | Semi-annual | 3-month NZD-BBR-FRA | Quarterly | 11/8/2023 | 1,463 | (21) | — | (21) | ||
2.20% | Semi-annual | 3-month NZD-BBR-FRA | Quarterly | 11/9/2023 | 123 | (2) | — | (2) | ||
2.495% | Annual | SONIA | Annual | 5/5/2024 | GBP3,050 | (106) | — | (106) | ||
2.42% | Annual | SONIA | Annual | 5/5/2024 | 6,100 | (218) | — | (218) | ||
2.9588% | Annual | SONIA | Annual | 6/9/2024 | 4,180 | (124) | — | (124) | ||
SONIA | Annual | 5.6325% | Annual | 9/25/2024 | 7,720 | 10 | — | 10 | ||
6.59% | 28-day | 28-day MXN-TIIE | 28-day | 6/25/2026 | MXN2,000 | (9) | — | (9) | ||
6.585% | 28-day | 28-day MXN-TIIE | 28-day | 6/25/2026 | 2,600 | (11) | — | (11) | ||
6.64% | 28-day | 28-day MXN-TIIE | 28-day | 6/25/2026 | 3,200 | (14) | — | (14) | ||
6.6175% | 28-day | 28-day MXN-TIIE | 28-day | 6/25/2026 | 8,600 | (37) | — | (37) | ||
6.633% | 28-day | 28-day MXN-TIIE | 28-day | 6/25/2026 | 8,900 | (38) | — | (38) | ||
6.58% | 28-day | 28-day MXN-TIIE | 28-day | 6/25/2026 | 11,300 | (50) | — | (50) | ||
7.59% | 28-day | 28-day MXN-TIIE | 28-day | 10/29/2026 | 2,500 | (7) | — | (7) | ||
7.62% | 28-day | 28-day MXN-TIIE | 28-day | 10/29/2026 | 3,701 | (11) | — | (11) | ||
7.66% | 28-day | 28-day MXN-TIIE | 28-day | 10/29/2026 | 6,100 | (17) | — | (17) | ||
7.64% | 28-day | 28-day MXN-TIIE | 28-day | 10/29/2026 | 6,000 | (17) | — | (17) | ||
7.52% | 28-day | 28-day MXN-TIIE | 28-day | 10/30/2026 | 7,639 | (24) | — | (24) | ||
9.07% | 28-day | 28-day MXN-TIIE | 28-day | 4/28/2027 | 20,400 | (9) | — | (9) | ||
$(1,058) | $— | $(1,058) |
Financing rate received | Payment frequency | Reference index | Expiration date | Notional amount16 (000) | Value at 9/30/202217 (000) | Upfront premium paid (000) | Unrealized depreciation at 9/30/2022 (000) |
1.00% | Quarterly | CDX.NA.IG.39 | 12/20/2027 | USD6,195 | $(22) | $10 | $(32) |
Value of affiliates at 1/1/2022 (000) | Additions (000) | Reductions (000) | Net realized loss (000) | Net unrealized (depreciation) appreciation (000) | Value of affiliates at 9/30/2022 (000) | Dividend income (000) | ||||
Investment funds 0.48% | ||||||||||
Capital Group Central Corporate Bond Fund | $— | $1,816 | $— | $— | $(144) | $1,672 | $8 | |||
Short-term securities 7.97% | ||||||||||
Money market investments 7.76% | ||||||||||
Capital Group Central Cash Fund 2.81%13 | 1,127 | 128,563 | 102,690 | (2) | 5 | 27,003 | 147 | |||
Money market investments purchased with collateral from securities on loan 0.21% | ||||||||||
Capital Group Central Cash Fund 2.81%13,14 | — | 72218 | 722 | —19 | ||||||
Total short-term securities | 27,725 | |||||||||
Total 8.45% | $(2) | $(139) | $29,397 | $155 |
Acquisition date(s) | Cost (000) | Value (000) | Percent of net assets | |||
Netflix, Inc. 3.875% 2029 | 7/11/2022-7/12/2022 | $191 | $173 | .05% | ||
Goldman Sachs Group, Inc. 1.00% 2033 | 5/19/2021 | 251 | 143 | .04 | ||
Total | $442 | $316 | .09% |
1 | Security did not produce income during the last 12 months. |
2 | All or a portion of this security was on loan. The total value of all such securities was $1,385,000, which represented .40% of the net assets of the fund. |
3 | Part of the same “group of investment companies“ as the fund as defined under the Investment Company Act of 1940, as amended. |
4 | All or a portion of this security was pledged as collateral. The total value of pledged collateral was $655,000, which represented .19% of the net assets of the fund. |
5 | Index-linked bond whose principal amount moves with a government price index. |
6 | Acquired in a transaction exempt from registration under Rule 144A of the Securities Act of 1933. May be resold in the U.S. in transactions exempt from registration, normally to qualified institutional buyers. The total value of all such securities was $5,197,000, which represented 1.49% of the net assets of the fund. |
7 | Scheduled interest and/or principal payment was not received. |
8 | Step bond; coupon rate may change at a later date. |
9 | Restricted security, other than Rule 144A, subject to legal or contractual restrictions on resale, including securities not registered under the Securities Act of 1933. The total value of all such restricted securities was $316,000, which represented .09% of the net assets of the fund. |
10 | Principal payments may be made periodically. Therefore, the effective maturity date may be earlier than the stated maturity date. |
11 | Purchased on a TBA basis. |
12 | Coupon rate may change periodically. Reference rate and spread are as of the most recent information available. Some coupon rates are determined by the issuer or agent based on current market conditions; therefore, the reference rate and spread are not available. |
13 | Rate represents the seven-day yield at 9/30/2022. |
14 | Security purchased with cash collateral from securities on loan. |
15 | Amount less than one thousand. |
16 | The maximum potential amount the fund may pay as a protection seller should a credit event occur. |
17 | The prices and resulting values for credit default swap indices serve as an indicator of the current status of the payment/performance risk. As the value of a sell protection credit default swap increases or decreases, when compared to the notional amount of the swap, the payment/performance risk may decrease or increase, respectively. |
18 | Represents net activity. |
19 | Dividend income is included with securities lending income and is not shown in this table. |
Bonds, notes & other debt instruments 99.27% Corporate bonds, notes & loans 35.36% Financials 9.95% | Principal amount (000) | Value (000) | |
ACE INA Holdings, Inc. 2.875% 2022 | USD3,625 | $3,621 | |
ACE INA Holdings, Inc. 3.35% 2026 | 2,025 | 1,916 | |
ACE INA Holdings, Inc. 4.35% 2045 | 2,220 | 1,882 | |
AerCap Holdings NV 6.50% 2025 | 1,798 | 1,796 | |
AerCap Ireland Capital, Ltd. / AerCap Global Aviation Trust 1.15% 2023 | 3,130 | 2,975 | |
AerCap Ireland Capital, Ltd. / AerCap Global Aviation Trust 1.65% 2024 | 5,996 | 5,483 | |
AerCap Ireland Capital, Ltd. / AerCap Global Aviation Trust 2.45% 2026 | 10,289 | 8,693 | |
AerCap Ireland Capital, Ltd. / AerCap Global Aviation Trust 3.00% 2028 | 12,359 | 9,922 | |
AerCap Ireland Capital, Ltd. / AerCap Global Aviation Trust 3.30% 2032 | 12,595 | 9,488 | |
AerCap Ireland Capital, Ltd. / AerCap Global Aviation Trust 3.40% 2033 | 5,120 | 3,722 | |
AerCap Ireland Capital, Ltd. / AerCap Global Aviation Trust 3.85% 2041 | 1,254 | 835 | |
Ally Financial, Inc. 5.125% 2024 | 1,500 | 1,492 | |
Ally Financial, Inc. 8.00% 2031 | 8,479 | 8,869 | |
Ally Financial, Inc. 8.00% 2031 | 7,070 | 7,423 | |
American Express Co. 4.42% 2033 (USD-SOFR + 1.76% on 8/3/2032)1 | 4,501 | 4,098 | |
Arthur J. Gallagher & Co. 3.50% 2051 | 1,073 | 732 | |
Banco Santander, SA 5.147% 2025 | 4,000 | 3,884 | |
Banco Santander, SA 1.722% 2027 (1-year UST Yield Curve Rate T Note Constant Maturity + 0.90% on 9/14/2026)1 | 1,400 | 1,160 | |
Banco Santander, SA 5.294% 2027 | 2,800 | 2,641 | |
Bank of America Corp. 1.53% 2025 (USD-SOFR + 0.65% on 12/6/2024)1 | 1,970 | 1,803 | |
Bank of America Corp. 1.658% 2027 (USD-SOFR + 0.91% on 3/11/2026)1 | 981 | 851 | |
Bank of America Corp. 1.734% 2027 (USD-SOFR + 0.96% on 7/22/2026)1 | 7,989 | 6,862 | |
Bank of America Corp. 3.419% 2028 (3-month USD-LIBOR + 1.04% on 12/20/2027)1 | 10,129 | 9,007 | |
Bank of America Corp. 4.376% 2028 (USD-SOFR + 1.58% on 4/27/2027)1 | 2,635 | 2,472 | |
Bank of America Corp. 4.948% 2028 (USD-SOFR + 2.04% on 7/22/2027)1 | 11,107 | 10,684 | |
Bank of America Corp. 2.087% 2029 (USD-SOFR + 1.06% on 6/14/2028)1 | 2,773 | 2,256 | |
Bank of America Corp. 1.922% 2031 (USD-SOFR + 1.37% on 10/24/2030)1 | 21,177 | 15,695 | |
Bank of America Corp. 2.299% 2032 (USD-SOFR + 1.22% on 7/21/2031)1 | 36,155 | 27,066 | |
Bank of America Corp. 2.572% 2032 (USD-SOFR + 1.21% on 10/20/2031)1 | 2,613 | 2,001 | |
Bank of America Corp. 2.687% 2032 (USD-SOFR + 1.32% on 4/22/2031)1 | 8,343 | 6,523 | |
Bank of America Corp. 2.972% 2033 (USD-SOFR + 1.33% on 2/4/2032)1 | 4,089 | 3,202 | |
Bank of America Corp. 4.571% 2033 (USD-SOFR + 1.83% on 4/27/2032)1 | 11,965 | 10,733 | |
Bank of America Corp. 5.015% 2033 (USD-SOFR + 2.16% on 7/22/2032)1 | 7,947 | 7,383 | |
Bank of Ireland Group PLC 6.253% 2026 (1-year UST Yield Curve Rate T Note Constant Maturity + 2.65% on 9/16/2025)1,2 | 4,850 | 4,749 | |
Bank of Nova Scotia 2.45% 2032 | 900 | 686 | |
Barclays Bank PLC 5.304% 2026 (1-year UST Yield Curve Rate T Note Constant Maturity + 2.30% on 8/9/2025)1 | 4,525 | 4,351 | |
BNP Paribas 1.323% 2027 (USD-SOFR + 1.004% on 1/13/2026)1,2 | 7,581 | 6,469 | |
BNP Paribas 2.591% 2028 (USD-SOFR + 1.228% on 1/20/2027)1,2 | 13,134 | 11,230 | |
BNP Paribas 2.159% 2029 (USD-SOFR + 1.218% on 9/15/2028)1,2 | 3,594 | 2,815 | |
BNP Paribas 2.871% 2032 (USD-SOFR + 1.387% on 4/19/2031)1,2 | 4,177 | 3,164 | |
Canadian Imperial Bank of Commerce (CIBC) 3.60% 2032 | 2,372 | 2,009 | |
Capital One Financial Corp. 1.343% 2024 (USD-SOFR + 0.69% on 12/6/2023)1 | 4,525 | 4,300 |
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Financials (continued) | Principal amount (000) | Value (000) | |
Capital One Financial Corp. 4.985% 2026 (USD-SOFR + 2.16% on 7/24/2025)1 | USD2,430 | $2,377 | |
Capital One Financial Corp. 4.927% 2028 (USD-SOFR + 2.057% on 5/10/2027)1 | 4,650 | 4,435 | |
China Ping An Insurance Overseas (Holdings), Ltd. 2.85% 2031 | 1,126 | 825 | |
CIT Group, Inc. 3.929% 2024 (USD-SOFR + 3.827% on 6/19/2023)1 | 5,410 | 5,339 | |
Citigroup, Inc. 4.60% 2026 | 1,800 | 1,757 | |
Citigroup, Inc. 1.462% 2027 (USD-SOFR + 0.67% on 6/9/2026)1 | 8,740 | 7,450 | |
Citigroup, Inc. 3.07% 2028 (USD-SOFR + 1.28% on 2/24/2027)1 | 5,520 | 4,926 | |
Citigroup, Inc. 4.658% 2028 (USD-SOFR + 1.887% on 5/24/2027)1 | 3,386 | 3,221 | |
Citigroup, Inc. 3.057% 2033 (USD-SOFR + 1.351% on 1/25/2032)1 | 2,110 | 1,664 | |
Citigroup, Inc. 3.785% 2033 (USD-SOFR + 1.939% on 3/17/2032)1 | 5,350 | 4,492 | |
Citigroup, Inc. 4.91% 2033 (USD-SOFR + 2.086% on 5/24/2032)1 | 2,373 | 2,187 | |
Corebridge Financial, Inc. 3.50% 20252 | 1,439 | 1,369 | |
Corebridge Financial, Inc. 3.65% 20272 | 4,493 | 4,110 | |
Corebridge Financial, Inc. 3.85% 20292 | 5,794 | 5,114 | |
Corebridge Financial, Inc. 3.90% 20322 | 5,959 | 5,040 | |
Corebridge Financial, Inc. 4.35% 20422 | 361 | 279 | |
Corebridge Financial, Inc. 4.40% 20522 | 1,352 | 1,032 | |
Crédit Agricole SA 1.907% 2026 (USD-SOFR + 1.676% on 6/16/2025)1,2 | 4,450 | 3,982 | |
Crédit Agricole SA 1.247% 2027 (USD-SOFR + 0.892% on 1/26/2026)1,2 | 2,450 | 2,088 | |
Credit Suisse Group AG 2.997% 2023 (3-month USD-LIBOR + 1.20% on 12/14/2022)1,2 | 12,000 | 11,908 | |
Credit Suisse Group AG 3.80% 2023 | 12,925 | 12,724 | |
Credit Suisse Group AG 2.593% 2025 (USD-SOFR + 1.56% on 9/11/2024)1,2 | 850 | 774 | |
Credit Suisse Group AG 2.193% 2026 (USD-SOFR + 2.044% on 6/5/2025)1,2 | 5,750 | 5,004 | |
Credit Suisse Group AG 1.305% 2027 (USD-SOFR + 0.98% on 2/2/2026)1,2 | 11,200 | 9,121 | |
Credit Suisse Group AG 4.194% 2031 (USD-SOFR + 3.73% on 4/1/2030)1,2 | 3,096 | 2,439 | |
Credit Suisse Group AG 3.091% 2032 (USD-SOFR + 1.73% on 5/14/2031)1,2 | 7,369 | 5,182 | |
Danske Bank AS 1.549% 2027 (1-year UST Yield Curve Rate T Note Constant Maturity + 0.73% on 9/10/2026)1,2 | 2,990 | 2,511 | |
Danske Bank AS 4.298% 2028 (1-year UST Yield Curve Rate T Note Constant Maturity + 1.75% on 4/1/2027)1,2 | 2,975 | 2,652 | |
Deutsche Bank AG 3.30% 2022 | 2,695 | 2,688 | |
Deutsche Bank AG 3.95% 2023 | 6,350 | 6,322 | |
Deutsche Bank AG 0.898% 2024 | 2,500 | 2,311 | |
Deutsche Bank AG 2.222% 2024 (USD-SOFR + 2.159% on 9/18/2023)1 | 10,475 | 9,981 | |
Deutsche Bank AG 3.70% 2024 | 5,150 | 4,977 | |
Deutsche Bank AG 3.961% 2025 (USD-SOFR + 2.581% on 11/26/2024)1 | 8,008 | 7,482 | |
Deutsche Bank AG 2.129% 2026 (USD-SOFR + 1.87% on 11/24/2025)1 | 42,264 | 35,927 | |
Deutsche Bank AG 4.10% 2026 | 7,305 | 6,913 | |
Deutsche Bank AG 4.10% 2026 | 857 | 809 | |
Deutsche Bank AG 2.311% 2027 (USD-SOFR + 1.219% on 11/16/2026)1 | 2,410 | 1,958 | |
Deutsche Bank AG 2.552% 2028 (USD-SOFR + 1.318% on 1/7/2027)1 | 6,135 | 4,988 | |
Deutsche Bank AG 3.547% 2031 (USD-SOFR + 3.043% on 9/18/2030)1 | 2,900 | 2,215 | |
DNB Bank ASA 1.535% 2027 (5-year UST Yield Curve Rate T Note Constant Maturity + 0.72% on 5/25/2026)1,2 | 1,200 | 1,033 | |
GE Capital Funding, LLC 4.55% 2032 | 1,815 | 1,684 | |
Goldman Sachs Group, Inc. 1.431% 2027 (USD-SOFR + 0.795% on 3/9/2026)1 | 3,030 | 2,608 | |
Goldman Sachs Group, Inc. 1.542% 2027 (USD-SOFR + 0.818% on 9/10/2026)1 | 13,275 | 11,229 | |
Goldman Sachs Group, Inc. 1.948% 2027 (USD-SOFR + 0.913% on 10/21/2026)1 | 13,961 | 11,957 | |
Goldman Sachs Group, Inc. 2.64% 2028 (USD-SOFR + 1.114% on 2/24/2027)1 | 1,235 | 1,073 | |
Goldman Sachs Group, Inc. 3.615% 2028 (USD-SOFR + 1.846% on 3/15/2027)1 | 7,403 | 6,745 | |
Goldman Sachs Group, Inc. 3.814% 2029 (3-month USD-LIBOR + 1.158% on 4/23/2028)1 | 9,600 | 8,525 | |
Goldman Sachs Group, Inc. 2.383% 2032 (USD-SOFR + 1.248% on 7/21/2031)1 | 14,860 | 11,221 | |
Goldman Sachs Group, Inc. 2.65% 2032 (USD-SOFR + 1.264% on 10/21/2031)1 | 2,858 | 2,194 | |
Goldman Sachs Group, Inc. 3.102% 2033 (USD-SOFR + 1.41% on 2/24/2032)1 | 10,422 | 8,290 |
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Financials (continued) | Principal amount (000) | Value (000) | |
Goldman Sachs Group, Inc. 2.908% 2042 (USD-SOFR + 1.40% on 7/21/2041)1 | USD3,160 | $2,039 | |
Goldman Sachs Group, Inc. 5.30% junior subordinated perpetual bonds (3-month USD-LIBOR + 3.834% on 11/10/2026)1 | 1,750 | 1,628 | |
Groupe BPCE SA 2.75% 20232 | 6,875 | 6,845 | |
Groupe BPCE SA 5.70% 20232 | 28,166 | 27,863 | |
Groupe BPCE SA 5.15% 20242 | 5,481 | 5,348 | |
Groupe BPCE SA 1.625% 20252 | 2,980 | 2,738 | |
Groupe BPCE SA 1.652% 2026 (USD-SOFR + 1.52% on 10/6/2025)1,2 | 6,350 | 5,520 | |
Groupe BPCE SA 5.748% 2033 (USD-SOFR + 2.865% on 7/19/2032)1,2 | 6,195 | 5,720 | |
HSBC Holdings PLC 2.251% 2027 (USD-SOFR + 1.10% on 11/22/2026)1 | 5,270 | 4,434 | |
HSBC Holdings PLC 4.755% 2028 (USD-SOFR + 2.11% on 6/9/2027)1 | 6,610 | 6,082 | |
HSBC Holdings PLC 2.206% 2029 (USD-SOFR + 1.285% on 8/17/2028)1 | 5,917 | 4,585 | |
HSBC Holdings PLC 4.583% 2029 (3-month USD-LIBOR + 1.535% on 6/19/2028)1 | 6,410 | 5,723 | |
HSBC Holdings PLC 2.804% 2032 (USD-SOFR + 1.187% on 5/24/2031)1 | 6,490 | 4,779 | |
Huarong Finance 2017 Co., Ltd. 4.25% 2027 | 6,335 | 4,807 | |
Huarong Finance 2017 Co., Ltd. 4.75% 2027 | 669 | 529 | |
Huarong Finance 2019 Co., Ltd. (3-month USD-LIBOR + 1.125%) 4.105% 20233 | 2,750 | 2,705 | |
Huarong Finance 2019 Co., Ltd. (3-month USD-LIBOR + 1.25%) 4.23% 20253 | 397 | 342 | |
Huarong Finance II Co., Ltd. 5.00% 2025 | 480 | 410 | |
Huarong Finance II Co., Ltd. 5.50% 2025 | 6,669 | 6,010 | |
Huarong Finance II Co., Ltd. 4.625% 2026 | 200 | 168 | |
Huarong Finance II Co., Ltd. 4.875% 2026 | 2,106 | 1,719 | |
Intercontinental Exchange, Inc. 4.35% 2029 | 8,710 | 8,250 | |
Intercontinental Exchange, Inc. 4.60% 2033 | 4,601 | 4,294 | |
Intercontinental Exchange, Inc. 4.95% 2052 | 5,327 | 4,746 | |
Intesa Sanpaolo SpA 3.375% 20232 | 10,035 | 9,981 | |
Intesa Sanpaolo SpA 3.25% 20242 | 770 | 726 | |
Intesa Sanpaolo SpA 5.017% 20242 | 68,143 | 63,588 | |
Intesa Sanpaolo SpA 5.71% 20262 | 15,400 | 14,023 | |
Intesa Sanpaolo SpA 3.875% 20272 | 6,250 | 5,435 | |
Intesa Sanpaolo SpA 3.875% 20282 | 1,986 | 1,718 | |
Iron Mountain Information Management Services, Inc. 5.00% 20322 | 2,060 | 1,598 | |
JPMorgan Chase & Co. 0.969% 2025 (USD-SOFR + 0.58% on 6/23/2024)1 | 5,870 | 5,434 | |
JPMorgan Chase & Co. 1.561% 2025 (USD-SOFR + 0.605% on 12/10/2024)1 | 11,105 | 10,191 | |
JPMorgan Chase & Co. 4.08% 2026 (USD-SOFR + 1.32% on 4/26/2025)1 | 3,620 | 3,488 | |
JPMorgan Chase & Co. 1.47% 2027 (USD-SOFR + 0.765% on 9/22/2026)1 | 5,965 | 5,051 | |
JPMorgan Chase & Co. 1.578% 2027 (USD-SOFR + 0.885% on 4/22/2026)1 | 1,832 | 1,584 | |
JPMorgan Chase & Co. 2.947% 2028 (USD-SOFR + 1.17% on 2/24/2027)1 | 4,350 | 3,851 | |
JPMorgan Chase & Co. 4.323% 2028 (USD-SOFR + 1.56% on 4/26/2027)1 | 12,080 | 11,331 | |
JPMorgan Chase & Co. 4.851% 2028 (USD-SOFR + 1.99% on 7/25/2027)1 | 7,703 | 7,404 | |
JPMorgan Chase & Co. 2.069% 2029 (USD-SOFR + 1.015% on 6/1/2028)1 | 2,453 | 1,991 | |
JPMorgan Chase & Co. 3.509% 2029 (3-month USD-LIBOR + 0.945% on 1/23/2028)1 | 9,600 | 8,505 | |
JPMorgan Chase & Co. 4.203% 2029 (3-month USD-LIBOR + 1.26% on 7/23/2028)1 | 11,980 | 10,919 | |
JPMorgan Chase & Co. 2.522% 2031 (USD-SOFR + 2.04% on 4/22/2030)1 | 1,766 | 1,398 | |
JPMorgan Chase & Co. 2.545% 2032 (USD-SOFR + 1.18% on 11/8/2031)1 | 5,313 | 4,038 | |
JPMorgan Chase & Co. 2.58% 2032 (USD-SOFR + 1.25% on 4/22/2031)1 | 4,802 | 3,727 | |
JPMorgan Chase & Co. 2.963% 2033 (USD-SOFR + 1.26% on 1/25/2032)1 | 553 | 435 | |
JPMorgan Chase & Co. 4.586% 2033 (USD-SOFR + 1.80% on 4/26/2032)1 | 1,907 | 1,719 | |
JPMorgan Chase & Co. 4.912% 2033 (USD-SOFR + 2.08% on 7/25/2032)1 | 5,475 | 5,056 | |
Kasikornbank PCL HK 3.343% 2031 (5-year UST Yield Curve Rate T Note Constant Maturity + 1.70% on 10/2/2026)1 | 2,415 | 2,105 | |
Keb Hana Bank 3.25% 20272 | 1,315 | 1,224 | |
Lloyds Banking Group PLC 2.438% 2026 (1-year UST Yield Curve Rate T Note Constant Maturity + 1.00% on 2/5/2025)1 | 2,675 | 2,460 |
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Financials (continued) | Principal amount (000) | Value (000) | |
Lloyds Banking Group PLC 4.375% 2028 | USD8,825 | $8,035 | |
Marsh & McLennan Companies, Inc. 2.375% 2031 | 367 | 289 | |
Marsh & McLennan Companies, Inc. 2.90% 2051 | 505 | 314 | |
MetLife Capital Trust IV, junior subordinated, 7.875% 2067 (3-month USD-LIBOR + 3.96% on 12/1/2037)1,2 | 1,405 | 1,503 | |
MetLife, Inc. 3.60% 2025 | 3,490 | 3,363 | |
MetLife, Inc. 5.00% 2052 | 165 | 151 | |
Mitsubishi UFJ Financial Group, Inc. 0.962% 2025 (1-year UST Yield Curve Rate T Note Constant Maturity + 0.45% on 10/11/2024)1 | 2,960 | 2,697 | |
Mitsubishi UFJ Financial Group, Inc. 1.538% 2027 (1-year UST Yield Curve Rate T Note Constant Maturity + 0.75% on 7/20/2026)1 | 6,200 | 5,289 | |
Mitsubishi UFJ Financial Group, Inc. 1.64% 2027 (1-year UST Yield Curve Rate T Note Constant Maturity + 0.67% on 10/13/2026)1 | 2,225 | 1,888 | |
Mitsubishi UFJ Financial Group, Inc. 2.341% 2028 (1-year UST Yield Curve Rate T Note Constant Maturity + 0.83% on 1/19/2027)1 | 2,970 | 2,570 | |
Mitsubishi UFJ Financial Group, Inc. 4.08% 2028 (1-year UST Yield Curve Rate T Note Constant Maturity + 1.30% on 4/19/2027)1 | 2,945 | 2,745 | |
Mitsubishi UFJ Financial Group, Inc. 5.133% 2033 (1-year UST Yield Curve Rate T Note Constant Maturity + 2.125% on 7/20/2032)1 | 1,197 | 1,120 | |
Mizuho Financial Group, Inc. 1.554% 2027 (1-year UST Yield Curve Rate T Note Constant Maturity + 0.75% on 7/9/2026)1 | 4,615 | 3,929 | |
Mizuho Financial Group, Inc. 5.669% 2033 (1-year UST Yield Curve Rate T Note Constant Maturity + 2.40% on 9/13/2032)1 | 2,390 | 2,302 | |
Morgan Stanley 0.791% 2025 (USD-SOFR + 0.509% on 1/22/2024)1 | 3,065 | 2,873 | |
Morgan Stanley 2.72% 2025 (USD-SOFR + 1.152% on 7/22/2024)1 | 2,300 | 2,183 | |
Morgan Stanley 2.63% 2026 (USD-SOFR + 0.94% on 2/18/2025)1 | 2,680 | 2,499 | |
Morgan Stanley 1.512% 2027 (USD-SOFR + 0.858% on 7/20/2026)1 | 10,488 | 8,945 | |
Morgan Stanley 4.21% 2028 (USD-SOFR + 1.61% on 4/20/2027)1 | 3,671 | 3,438 | |
Morgan Stanley 2.239% 2032 (USD-SOFR + 1.178% on 7/21/2031)1 | 30,007 | 22,572 | |
Morgan Stanley 2.511% 2032 (USD-SOFR + 1.20% on 10/20/2031)1 | 2,813 | 2,153 | |
Morgan Stanley 2.943% 2033 (USD-SOFR + 1.29% on 1/21/2032)1 | 6,616 | 5,238 | |
Morgan Stanley 4.889% 2033 (USD-SOFR + 2.077% on 7/20/2032)1 | 3,375 | 3,130 | |
Morgan Stanley 5.297% 2037 (USD-SOFR + 2.62% on 4/20/2032)1 | 2,286 | 2,057 | |
MSCI, Inc. 3.25% 20332 | 2,750 | 2,128 | |
Navient Corp. 6.75% 2025 | 425 | 398 | |
OneMain Holdings, Inc. 7.125% 2026 | 250 | 226 | |
PNC Financial Services Group, Inc. 2.854% 20221 | 5,850 | 5,845 | |
Rede D’Or Finance SARL 4.50% 20302 | 1,572 | 1,276 | |
Santander Holdings USA, Inc. 3.50% 2024 | 8,325 | 8,074 | |
Santander Holdings USA, Inc. 2.49% 20281 | 3,625 | 3,028 | |
State Street Corp. 4.164% 2033 (USD-SOFR + 1.726% on 8/4/2032)1 | 1,640 | 1,482 | |
Sumitomo Mitsui Banking Corp. 2.174% 2027 | 1,100 | 960 | |
SVB Financial Group 4.70% junior subordinated perpetual bonds (5-year UST Yield Curve Rate T Note Constant Maturity + 3.064% on 11/15/2031)1 | 1,530 | 1,122 | |
Synchrony Financial 4.375% 2024 | 3,640 | 3,577 | |
Toronto-Dominion Bank 1.95% 2027 | 1,060 | 923 | |
Toronto-Dominion Bank 2.00% 2031 | 3,510 | 2,624 | |
Travelers Companies, Inc. 2.55% 2050 | 768 | 476 | |
U.S. Bancorp 4.548% 2028 (USD-SOFR + 1.66% on 7/27/2027)1 | 2,440 | 2,353 | |
UBS Group AG 1.494% 2027 (1-year UST Yield Curve Rate T Note Constant Maturity + 0.85% on 8/10/2026)1,2 | 4,000 | 3,365 | |
UniCredit SpA 4.625% 20272 | 1,395 | 1,258 | |
UniCredit SpA 5.861% 2032 (5-year USD-ICE Swap + 3.703% on 6/19/2027)1,2 | 16,130 | 13,304 | |
Vigorous Champion International, Ltd. 4.25% 2029 | 462 | 395 |
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Financials (continued) | Principal amount (000) | Value (000) | |
Wells Fargo & Company 2.406% 2025 (3-month USD-LIBOR + 0.825% on 10/30/2024)1 | USD20,480 | $19,134 | |
Wells Fargo & Company 3.908% 2026 (USD-SOFR + 1.32% on 4/25/2025)1 | 3,524 | 3,371 | |
Wells Fargo & Company 3.526% 2028 (USD-SOFR + 1.51% on 3/24/2027)1 | 9,236 | 8,374 | |
Wells Fargo & Company 4.808% 2028 (USD-SOFR + 1.98% on 7/25/2027)1 | 7,450 | 7,113 | |
Wells Fargo & Company 3.35% 2033 (USD-SOFR + 1.50% on 3/2/2032)1 | 7,665 | 6,226 | |
Wells Fargo & Company 4.897% 2033 (USD-SOFR + 4.897% on 7/25/2032)1 | 4,300 | 3,970 | |
Wells Fargo & Company 4.611% 2053 (USD-SOFR + 2.13% on 4/25/2052)1 | 14,070 | 11,452 | |
Willis North America, Inc. 4.65% 2027 | 1,290 | 1,227 | |
1,005,303 | |||
Utilities 4.41% | |||
AEP Texas, Inc. 3.45% 2051 | 1,475 | 1,014 | |
Alabama Power Co. 3.00% 2052 | 3,880 | 2,544 | |
Alfa Desarrollo SpA 4.55% 20512 | 1,001 | 663 | |
Ameren Corp. 4.50% 2049 | 2,875 | 2,463 | |
Baltimore Gas & Electric 4.55% 2052 | 525 | 452 | |
Berkshire Hathaway Energy Company 4.50% 2045 | 5,895 | 4,934 | |
Comisión Federal de Electricidad 4.688% 20292 | 3,655 | 3,065 | |
Comisión Federal de Electricidad 3.875% 20332 | 1,340 | 937 | |
Connecticut Light and Power Co. 2.05% 2031 | 1,775 | 1,403 | |
Consumers Energy Co. 4.05% 2048 | 1,413 | 1,149 | |
Consumers Energy Co. 3.10% 2050 | 4,123 | 2,795 | |
Consumers Energy Co. 3.75% 2050 | 5,625 | 4,355 | |
Consumers Energy Co. 3.50% 2051 | 235 | 174 | |
Duke Energy Corp. 3.75% 2024 | 3,826 | 3,759 | |
Duke Energy Corp. 4.50% 2032 | 9,305 | 8,427 | |
Duke Energy Corp. 5.00% 2052 | 955 | 816 | |
Duke Energy Florida, LLC 3.40% 2046 | 5,669 | 4,010 | |
Duke Energy Florida, LLC 3.00% 2051 | 711 | 470 | |
Duke Energy Progress, LLC 3.70% 2028 | 3,750 | 3,493 | |
Duke Energy Progress, LLC 2.00% 2031 | 1,775 | 1,375 | |
Duke Energy Progress, LLC 2.50% 2050 | 644 | 383 | |
Edison International 3.125% 2022 | 2,900 | 2,895 | |
Edison International 3.55% 2024 | 6,850 | 6,583 | |
Edison International 4.95% 2025 | 175 | 172 | |
Edison International 5.75% 2027 | 3,181 | 3,120 | |
Edison International 4.125% 2028 | 3,644 | 3,257 | |
Electricité de France SA 2.625% junior subordinated perpetual bonds (5-year EUR Mid-Swap + 2.86% on 6/1/2028)1 | EUR2,800 | 1,938 | |
Emera US Finance, LP 0.833% 2024 | USD600 | 556 | |
Emera US Finance, LP 2.639% 2031 | 4,400 | 3,431 | |
Enel Società per Azioni 8.75% 2073 (USD Semi Annual 30/360 (vs. 3-month USD-LIBOR) + 5.88% on 9/24/2023)1,2 | 1,000 | 1,000 | |
ENN Clean Energy International Investment, Ltd. 3.375% 20262 | 1,310 | 1,124 | |
Entergy Louisiana, LLC 4.20% 2048 | 6,325 | 5,105 | |
Entergy Louisiana, LLC 4.75% 2052 | 1,525 | 1,331 | |
Eversource Energy 3.80% 2023 | 5,000 | 4,941 | |
FirstEnergy Corp. 1.60% 2026 | 20,066 | 17,368 | |
FirstEnergy Corp. 3.50% 20282 | 2,400 | 2,165 | |
FirstEnergy Corp. 4.10% 20282 | 425 | 394 | |
FirstEnergy Corp. 2.25% 2030 | 13,707 | 10,587 | |
FirstEnergy Corp. 2.65% 2030 | 12,524 | 10,129 | |
FirstEnergy Corp., Series B, 4.40% 2027 (4.15% on 1/15/2023)1 | 12,178 | 11,327 | |
FirstEnergy Transmission, LLC 2.866% 20282 | 4,000 | 3,404 |
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Utilities (continued) | Principal amount (000) | Value (000) | |
Florida Power & Light Company 2.45% 2032 | USD6,025 | $4,901 | |
Florida Power & Light Company 2.875% 2051 | 9,334 | 6,184 | |
Georgia Power Co. 3.70% 2050 | 275 | 200 | |
Interchile SA 4.50% 20562 | 465 | 342 | |
Israel Electric Corp., Ltd. 4.25% 20282 | 10,190 | 9,474 | |
Israel Electric Corp., Ltd. 3.75% 20322 | 340 | 293 | |
ITC Holdings Corp. 4.95% 20272 | 1,100 | 1,075 | |
Jersey Central Power & Light Co. 2.75% 20322 | 525 | 417 | |
Mississippi Power Co. 4.25% 2042 | 5,020 | 4,030 | |
Monongahela Power Co. 3.55% 20272 | 1,700 | 1,568 | |
NextEra Energy Capital Holdings, Inc. 1.875% 2027 | 3,000 | 2,607 | |
NextEra Energy Capital Holdings, Inc. 2.44% 2032 | 2,765 | 2,156 | |
NiSource Finance Corp. 5.00% 2052 | 2,150 | 1,883 | |
Northern States Power Co. 4.50% 2052 | 3,328 | 2,936 | |
Oncor Electric Delivery Company, LLC 4.55% 20322 | 975 | 939 | |
Pacific Gas and Electric Co. 3.25% 2023 | 5,615 | 5,540 | |
Pacific Gas and Electric Co. 3.40% 2024 | 2,000 | 1,905 | |
Pacific Gas and Electric Co. 2.95% 2026 | 10,850 | 9,584 | |
Pacific Gas and Electric Co. 3.15% 2026 | 27,543 | 24,773 | |
Pacific Gas and Electric Co. 3.30% 2027 | 12,289 | 10,372 | |
Pacific Gas and Electric Co. 3.30% 2027 | 5,850 | 5,075 | |
Pacific Gas and Electric Co. 3.75% 2028 | 13,075 | 11,030 | |
Pacific Gas and Electric Co. 4.65% 2028 | 7,900 | 6,980 | |
Pacific Gas and Electric Co. 4.55% 2030 | 35,299 | 30,290 | |
Pacific Gas and Electric Co. 2.50% 2031 | 19,695 | 14,355 | |
Pacific Gas and Electric Co. 3.25% 2031 | 1,300 | 994 | |
Pacific Gas and Electric Co. 3.30% 2040 | 8,898 | 5,715 | |
Pacific Gas and Electric Co. 3.75% 2042 | 9,466 | 6,021 | |
Pacific Gas and Electric Co. 4.75% 2044 | 336 | 241 | |
Pacific Gas and Electric Co. 3.50% 2050 | 6,836 | 4,177 | |
Public Service Electric and Gas Co. 3.20% 2029 | 6,000 | 5,392 | |
Public Service Electric and Gas Co. 1.90% 2031 | 775 | 607 | |
Public Service Electric and Gas Co. 3.10% 2032 | 7,500 | 6,401 | |
Puget Energy, Inc. 3.65% 2025 | 300 | 284 | |
Southern California Edison Co. 2.85% 2029 | 8,200 | 6,926 | |
Southern California Edison Co. 4.20% 2029 | 11,000 | 10,187 | |
Southern California Edison Co. 2.50% 2031 | 5,149 | 4,072 | |
Southern California Edison Co. 5.35% 2035 | 6,450 | 5,927 | |
Southern California Edison Co. 5.75% 2035 | 4,549 | 4,332 | |
Southern California Edison Co. 5.625% 2036 | 7,051 | 6,549 | |
Southern California Edison Co. 5.55% 2037 | 3,844 | 3,507 | |
Southern California Edison Co. 5.95% 2038 | 5,121 | 4,922 | |
Southern California Edison Co. 4.00% 2047 | 9,402 | 6,876 | |
Southern California Edison Co. 4.125% 2048 | 8,048 | 6,003 | |
Southern California Edison Co. 4.875% 2049 | 916 | 769 | |
Southern California Edison Co. 3.65% 2050 | 5,353 | 3,678 | |
Southern California Edison Co. 3.65% 2051 | 6,978 | 4,875 | |
Southern California Edison Co., Series C, 3.60% 2045 | 2,717 | 1,866 | |
Southwestern Electric Power Co. 1.65% 2026 | 3,550 | 3,134 | |
Southwestern Electric Power Co. 3.25% 2051 | 2,270 | 1,448 | |
Union Electric Co. 2.15% 2032 | 3,175 | 2,457 | |
Virginia Electric and Power Co. 2.30% 2031 | 2,425 | 1,926 | |
Virginia Electric and Power Co. 2.40% 2032 | 5,795 | 4,627 | |
WEC Energy Group, Inc. 2.20% 2028 | 1,575 | 1,303 |
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Utilities (continued) | Principal amount (000) | Value (000) | |
Wisconsin Electric Power Co. 2.85% 2051 | USD375 | $242 | |
Wisconsin Power and Light Co. 1.95% 2031 | 525 | 411 | |
Wisconsin Power and Light Co. 3.65% 2050 | 1,075 | 788 | |
Xcel Energy, Inc. 3.30% 2025 | 5,650 | 5,420 | |
Xcel Energy, Inc. 1.75% 2027 | 5,660 | 4,898 | |
Xcel Energy, Inc. 2.60% 2029 | 2,925 | 2,434 | |
Xcel Energy, Inc. 2.35% 2031 | 8,500 | 6,587 | |
Xcel Energy, Inc. 4.60% 2032 | 11,675 | 10,840 | |
445,253 | |||
Consumer discretionary 4.22% | |||
Allied Universal Holdco, LLC 4.625% 20282 | 335 | 259 | |
Amazon.com, Inc. 3.30% 2027 | 1,760 | 1,664 | |
Amazon.com, Inc. 1.65% 2028 | 3,860 | 3,284 | |
Amazon.com, Inc. 3.45% 2029 | 1,305 | 1,207 | |
Amazon.com, Inc. 3.60% 2032 | 6,830 | 6,217 | |
Amazon.com, Inc. 2.875% 2041 | 650 | 477 | |
Amazon.com, Inc. 3.10% 2051 | 9,380 | 6,596 | |
Amazon.com, Inc. 3.95% 2052 | 1,635 | 1,345 | |
Amazon.com, Inc. 3.25% 2061 | 4,100 | 2,768 | |
Amazon.com, Inc. 4.10% 2062 | 470 | 376 | |
Atlas LuxCo 4 SARL 4.625% 20282 | 255 | 193 | |
Bath & Body Works, Inc. 6.875% 2035 | 740 | 620 | |
Bayerische Motoren Werke AG 1.25% 20262 | 100 | 87 | |
Bayerische Motoren Werke AG 3.45% 20272 | 1,075 | 1,002 | |
Bayerische Motoren Werke AG 1.95% 20312 | 620 | 474 | |
Bayerische Motoren Werke AG 3.70% 20322 | 1,350 | 1,184 | |
Daimler Trucks Finance North America, LLC 1.125% 20232 | 3,015 | 2,873 | |
Daimler Trucks Finance North America, LLC 1.625% 20242 | 4,950 | 4,570 | |
Daimler Trucks Finance North America, LLC 3.50% 20252 | 1,750 | 1,663 | |
Daimler Trucks Finance North America, LLC 3.65% 20272 | 4,140 | 3,793 | |
Daimler Trucks Finance North America, LLC 2.375% 20282 | 3,975 | 3,247 | |
Daimler Trucks Finance North America, LLC 2.50% 20312 | 9,625 | 7,304 | |
DaimlerChrysler North America Holding Corp. 1.75% 20232 | 8,000 | 7,899 | |
DaimlerChrysler North America Holding Corp. 3.35% 20232 | 2,000 | 1,991 | |
Ford Motor Credit Company, LLC 5.125% 2025 | 3,870 | 3,658 | |
Ford Motor Credit Company, LLC 3.815% 2027 | 3,790 | 3,189 | |
Ford Motor Credit Company, LLC 4.125% 2027 | 39,080 | 33,721 | |
Ford Motor Credit Company, LLC 4.271% 2027 | 18,542 | 16,250 | |
Ford Motor Credit Company, LLC 5.113% 2029 | 4,205 | 3,658 | |
General Motors Company 4.35% 2025 | 11,358 | 10,980 | |
General Motors Company 6.125% 2025 | 23,743 | 23,775 | |
General Motors Company 5.40% 2029 | 781 | 721 | |
General Motors Company 5.40% 2048 | 7,200 | 5,636 | |
General Motors Financial Co. 3.25% 2023 | 964 | 959 | |
General Motors Financial Co. 1.05% 2024 | 4,200 | 3,939 | |
General Motors Financial Co. 1.50% 2026 | 6,712 | 5,712 | |
General Motors Financial Co. 2.35% 2027 | 9,771 | 8,304 | |
General Motors Financial Co. 2.40% 2028 | 13,909 | 11,144 | |
General Motors Financial Co. 2.40% 2028 | 464 | 367 | |
General Motors Financial Co. 3.60% 2030 | 465 | 377 | |
General Motors Financial Co. 2.35% 2031 | 6,075 | 4,417 | |
General Motors Financial Co. 2.70% 2031 | 6,075 | 4,469 | |
Grand Canyon University 4.125% 2024 | 4,190 | 3,869 |
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Consumer discretionary (continued) | Principal amount (000) | Value (000) | |
Home Depot, Inc. 2.95% 2029 | USD6,081 | $5,398 | |
Home Depot, Inc. 4.50% 2048 | 1,915 | 1,681 | |
Hyundai Capital America 2.85% 20222 | 4,118 | 4,112 | |
Hyundai Capital America 1.25% 20232 | 3,150 | 3,031 | |
Hyundai Capital America 2.375% 20232 | 9,977 | 9,891 | |
Hyundai Capital America 0.875% 20242 | 2,780 | 2,570 | |
Hyundai Capital America 1.00% 20242 | 2,750 | 2,515 | |
Hyundai Capital America 3.40% 20242 | 8,180 | 7,883 | |
Hyundai Capital America 1.80% 20252 | 13,274 | 11,819 | |
Hyundai Capital America 2.65% 20252 | 12,372 | 11,541 | |
Hyundai Capital America 1.30% 20262 | 6,000 | 5,196 | |
Hyundai Capital America 1.50% 20262 | 8,310 | 7,067 | |
Hyundai Capital America 1.65% 20262 | 7,275 | 6,138 | |
Hyundai Capital America 2.375% 20272 | 7,543 | 6,308 | |
Hyundai Capital America 3.00% 20272 | 9,000 | 8,006 | |
Hyundai Capital America 1.80% 20282 | 6,000 | 4,788 | |
Hyundai Capital America 2.00% 20282 | 5,775 | 4,606 | |
Hyundai Capital America 2.10% 20282 | 4,010 | 3,154 | |
Hyundai Capital Services, Inc. 1.25% 20262 | 3,695 | 3,216 | |
KIA Corp. 2.375% 20252 | 1,580 | 1,470 | |
Lowe’s Companies, Inc. 5.00% 2033 | 955 | 903 | |
Lowe’s Companies, Inc. 5.625% 2053 | 1,030 | 955 | |
Marriott International, Inc. 5.75% 2025 | 330 | 334 | |
Marriott International, Inc. 3.125% 2026 | 410 | 379 | |
Marriott International, Inc. 5.00% 2027 | 4,470 | 4,324 | |
Marriott International, Inc. 2.75% 2033 | 2,226 | 1,619 | |
McDonald’s Corp. 2.125% 2030 | 2,482 | 2,025 | |
McDonald’s Corp. 4.60% 2032 | 1,765 | 1,688 | |
McDonald’s Corp. 4.45% 2047 | 3,535 | 2,973 | |
McDonald’s Corp. 3.625% 2049 | 2,938 | 2,145 | |
McDonald’s Corp. 5.15% 2052 | 730 | 680 | |
Meituan Dianping 3.05% 20302 | 3,200 | 2,119 | |
Nissan Motor Co., Ltd. 3.043% 20232 | 240 | 233 | |
Nissan Motor Co., Ltd. 3.522% 20252 | 800 | 737 | |
Nissan Motor Co., Ltd. 2.00% 20262 | 12,000 | 10,161 | |
Nissan Motor Co., Ltd. 4.345% 20272 | 1,790 | 1,545 | |
Nissan Motor Co., Ltd. 2.75% 20282 | 11,200 | 8,833 | |
Nissan Motor Co., Ltd. 4.81% 20302 | 17,533 | 14,228 | |
Sands China, Ltd. 2.80% 20271 | 2,368 | 1,885 | |
Starbucks Corp. 3.75% 2047 | 3,785 | 2,796 | |
Stellantis Finance US, Inc. 1.711% 20272 | 3,500 | 2,918 | |
Stellantis Finance US, Inc. 5.625% 20282 | 6,695 | 6,459 | |
Stellantis Finance US, Inc. 2.691% 20312 | 4,280 | 3,059 | |
Stellantis Finance US, Inc. 6.375% 20322 | 12,065 | 11,179 | |
Toyota Motor Credit Corp. 3.375% 2030 | 4,954 | 4,432 | |
VICI Properties, LP / VICI Note Co., Inc. 4.125% 20302 | 425 | 356 | |
Volkswagen Group of America Finance, LLC 4.25% 20232 | 15,000 | 14,851 | |
Volkswagen Group of America Finance, LLC 2.85% 20242 | 546 | 523 | |
Volkswagen Group of America Finance, LLC 3.35% 20252 | 2,636 | 2,503 | |
Volkswagen Group of America Finance, LLC 4.35% 20272 | 2,550 | 2,398 | |
Wyndham Destinations, Inc. 6.625% 20262 | 675 | 633 | |
Wynn Resorts Finance, LLC 5.125% 20292 | 410 | 332 | |
426,833 |
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Health care 3.60% | Principal amount (000) | Value (000) | |
AbbVie, Inc. 3.20% 2029 | USD8,482 | $7,432 | |
AbbVie, Inc. 4.25% 2049 | 8 | 6 | |
Amgen, Inc. 3.00% 2029 | 325 | 284 | |
Amgen, Inc. 4.05% 2029 | 8,400 | 7,738 | |
Amgen, Inc. 2.45% 2030 | 5,131 | 4,239 | |
Amgen, Inc. 3.35% 2032 | 499 | 427 | |
Amgen, Inc. 4.20% 2033 | 9,075 | 8,225 | |
Amgen, Inc. 4.875% 2053 | 4,975 | 4,384 | |
Amgen, Inc. 4.40% 2062 | 196 | 154 | |
Anthem, Inc. 2.375% 2025 | 1,534 | 1,449 | |
Anthem, Inc. 4.10% 2032 | 8,711 | 7,882 | |
Anthem, Inc. 4.55% 2052 | 1,721 | 1,457 | |
AstraZeneca Finance, LLC 1.75% 2028 | 1,429 | 1,203 | |
AstraZeneca Finance, LLC 2.25% 2031 | 2,087 | 1,699 | |
AstraZeneca PLC 4.00% 2029 | 5,920 | 5,605 | |
Bausch Health Companies, Inc. 4.875% 20282 | 830 | 537 | |
Baxter International, Inc. 2.539% 2032 | 3,906 | 3,043 | |
Bayer US Finance II, LLC 4.25% 20252 | 17,570 | 16,830 | |
Centene Corp. 4.25% 2027 | 14,860 | 13,624 | |
Centene Corp. 2.45% 2028 | 12,410 | 10,125 | |
Centene Corp. 4.625% 2029 | 14,945 | 13,465 | |
Centene Corp. 3.375% 2030 | 15,718 | 12,884 | |
Centene Corp. 2.50% 2031 | 8,550 | 6,463 | |
Centene Corp. 2.625% 2031 | 2,510 | 1,897 | |
Danaher Corp. 2.80% 2051 | 1,090 | 704 | |
Eli Lilly and Company 3.375% 2029 | 1,255 | 1,163 | |
Gilead Sciences, Inc. 1.65% 2030 | 1,570 | 1,206 | |
HCA, Inc. 3.125% 20272 | 755 | 669 | |
HCA, Inc. 2.375% 2031 | 2,318 | 1,718 | |
HCA, Inc. 3.625% 20322 | 5,000 | 4,052 | |
HCA, Inc. 4.625% 20522 | 390 | 294 | |
Johnson & Johnson 0.95% 2027 | 12,753 | 10,810 | |
Johnson & Johnson 2.10% 2040 | 825 | 551 | |
Johnson & Johnson 2.25% 2050 | 1,933 | 1,198 | |
Laboratory Corporation of America Holdings 1.55% 2026 | 1,058 | 928 | |
Laboratory Corporation of America Holdings 4.70% 2045 | 4,160 | 3,451 | |
Merck & Co., Inc. 1.70% 2027 | 3,093 | 2,705 | |
Merck & Co., Inc. 2.75% 2051 | 808 | 529 | |
Regeneron Pharmaceuticals, Inc. 1.75% 2030 | 1,918 | 1,455 | |
Roche Holdings, Inc. 1.93% 20282 | 7,845 | 6,602 | |
Roche Holdings, Inc. 2.076% 20312 | 13,787 | 11,063 | |
Roche Holdings, Inc. 2.607% 20512 | 645 | 423 | |
Shire PLC 3.20% 2026 | 14,406 | 13,301 | |
Teva Pharmaceutical Finance Co. BV 7.125% 2025 | 45,000 | 43,877 | |
Teva Pharmaceutical Finance Co. BV 3.15% 2026 | 68,853 | 56,586 | |
Teva Pharmaceutical Finance Co. BV 6.75% 2028 | 26,824 | 24,680 | |
Teva Pharmaceutical Finance Co. BV 4.10% 2046 | 46,666 | 27,955 | |
UnitedHealth Group, Inc. 3.75% 2025 | 5,410 | 5,264 | |
UnitedHealth Group, Inc. 3.70% 2027 | 1,184 | 1,128 | |
UnitedHealth Group, Inc. 4.00% 2029 | 2,231 | 2,081 | |
UnitedHealth Group, Inc. 2.00% 2030 | 855 | 689 | |
UnitedHealth Group, Inc. 4.20% 2032 | 3,169 | 2,946 | |
UnitedHealth Group, Inc. 3.05% 2041 | 1,300 | 947 | |
UnitedHealth Group, Inc. 4.25% 2048 | 960 | 798 |
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Health care (continued) | Principal amount (000) | Value (000) | |
UnitedHealth Group, Inc. 3.25% 2051 | USD927 | $646 | |
UnitedHealth Group, Inc. 4.75% 2052 | 1,400 | 1,255 | |
UnitedHealth Group, Inc. 4.95% 2062 | 550 | 492 | |
363,218 | |||
Communication services 3.34% | |||
AT&T, Inc. 1.70% 2026 | 19,000 | 16,914 | |
AT&T, Inc. 1.65% 2028 | 4,700 | 3,869 | |
AT&T, Inc. 4.30% 2030 | 15,940 | 14,582 | |
AT&T, Inc. 2.55% 2033 | 15,003 | 11,122 | |
AT&T, Inc. 3.50% 2053 | 19,935 | 13,316 | |
CCO Holdings, LLC and CCO Holdings Capital Corp. 5.125% 20272 | 4,800 | 4,340 | |
CCO Holdings, LLC and CCO Holdings Capital Corp. 2.25% 2029 | 1,351 | 1,059 | |
CCO Holdings, LLC and CCO Holdings Capital Corp. 2.80% 2031 | 8,212 | 6,222 | |
CCO Holdings, LLC and CCO Holdings Capital Corp. 4.75% 20322 | 1,265 | 987 | |
CCO Holdings, LLC and CCO Holdings Capital Corp. 4.40% 2033 | 2,642 | 2,192 | |
CCO Holdings, LLC and CCO Holdings Capital Corp. 4.25% 20342 | 3,875 | 2,783 | |
CCO Holdings, LLC and CCO Holdings Capital Corp. 5.75% 2048 | 5,000 | 4,049 | |
CCO Holdings, LLC and CCO Holdings Capital Corp. 5.25% 2053 | 1,240 | 953 | |
CenturyLink, Inc. 4.00% 20272 | 17,646 | 14,857 | |
Comcast Corp. 3.15% 2028 | 7,200 | 6,538 | |
Comcast Corp. 4.00% 2048 | 5,000 | 3,859 | |
Magallanes, Inc. 3.428% 20242 | 6,552 | 6,334 | |
Magallanes, Inc. 3.638% 20252 | 3,056 | 2,897 | |
Magallanes, Inc. 3.755% 20272 | 9,501 | 8,512 | |
Magallanes, Inc. 4.054% 20292 | 1,316 | 1,138 | |
Magallanes, Inc. 4.279% 20322 | 4,932 | 4,064 | |
Magallanes, Inc. 5.05% 20422 | 3,147 | 2,360 | |
Magallanes, Inc. 5.141% 20522 | 11,141 | 8,119 | |
Magallanes, Inc. 5.391% 20622 | 2,802 | 2,037 | |
Meta Platforms, Inc. 4.45% 20522 | 3,775 | 3,087 | |
Netflix, Inc. 4.875% 2028 | 23,119 | 21,688 | |
Netflix, Inc. 5.875% 2028 | 27,296 | 26,703 | |
Netflix, Inc. 5.375% 20292 | 12,700 | 11,965 | |
Netflix, Inc. 6.375% 2029 | 3,355 | 3,339 | |
Netflix, Inc. 4.875% 20302 | 14,775 | 13,535 | |
News Corp. 5.125% 20322 | 1,300 | 1,143 | |
SBA Tower Trust 1.631% 20262 | 6,741 | 5,755 | |
Sirius XM Radio, Inc. 4.00% 20282 | 675 | 576 | |
Sprint Corp. 7.625% 2025 | 6,665 | 6,844 | |
Tencent Holdings, Ltd. 2.39% 20302 | 10,000 | 7,855 | |
T-Mobile US, Inc. 3.50% 2025 | 3,275 | 3,133 | |
T-Mobile US, Inc. 2.25% 2026 | 2,388 | 2,140 | |
T-Mobile US, Inc. 2.625% 2026 | 9,691 | 8,794 | |
T-Mobile US, Inc. 3.75% 2027 | 5,000 | 4,621 | |
T-Mobile US, Inc. 2.40% 2029 | 1,224 | 1,000 | |
T-Mobile US, Inc. 2.625% 2029 | 3,117 | 2,580 | |
T-Mobile US, Inc. 3.875% 2030 | 4,500 | 3,994 | |
T-Mobile US, Inc. 2.875% 2031 | 13,367 | 10,790 | |
T-Mobile US, Inc. 3.50% 2031 | 4,402 | 3,706 | |
T-Mobile US, Inc. 3.00% 2041 | 2,100 | 1,407 | |
T-Mobile US, Inc. 3.40% 2052 | 12,280 | 8,128 | |
Verizon Communications, Inc. 4.329% 2028 | 1,539 | 1,449 | |
Verizon Communications, Inc. 1.75% 2031 | 15,450 | 11,612 |
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Communication services (continued) | Principal amount (000) | Value (000) | |
Verizon Communications, Inc. 2.55% 2031 | USD7,535 | $6,024 | |
Verizon Communications, Inc. 2.355% 2032 | 2,815 | 2,161 | |
Verizon Communications, Inc. 3.40% 2041 | 2,050 | 1,502 | |
Verizon Communications, Inc. 2.875% 2050 | 3,000 | 1,843 | |
Verizon Communications, Inc. 3.55% 2051 | 1,975 | 1,393 | |
Verizon Communications, Inc. 3.875% 2052 | 3,155 | 2,356 | |
Vodafone Group PLC 4.375% 2028 | 10,000 | 9,425 | |
Vodafone Group PLC 4.25% 2050 | 3,050 | 2,191 | |
ZipRecruiter, Inc. 5.00% 20302 | 1,500 | 1,214 | |
337,056 | |||
Energy 3.22% | |||
Antero Resources Corp. 5.375% 20302 | 280 | 252 | |
Apache Corp. 4.625% 2025 | 645 | 622 | |
Apache Corp. 4.25% 2030 | 2,465 | 2,161 | |
Apache Corp. 5.35% 2049 | 800 | 631 | |
Baker Hughes Co. 2.061% 2026 | 1,136 | 1,000 | |
Canadian Natural Resources, Ltd. 2.05% 2025 | 754 | 688 | |
Canadian Natural Resources, Ltd. 3.85% 2027 | 1,151 | 1,065 | |
Cenovus Energy, Inc. 5.375% 2025 | 2,763 | 2,777 | |
Cenovus Energy, Inc. 4.25% 2027 | 18,067 | 17,065 | |
Cenovus Energy, Inc. 2.65% 2032 | 2,969 | 2,293 | |
Cenovus Energy, Inc. 5.25% 2037 | 770 | 677 | |
Cenovus Energy, Inc. 5.40% 2047 | 15,180 | 13,040 | |
Cheniere Energy Partners, LP 3.25% 2032 | 937 | 721 | |
Cheniere Energy, Inc. 7.00% 2024 | 410 | 417 | |
Chevron Corp. 2.954% 2026 | 3,365 | 3,170 | |
Chevron Corp. 3.078% 2050 | 692 | 492 | |
Devon Energy Corp. 4.50% 2030 | 5,197 | 4,737 | |
Diamondback Energy, Inc. 4.40% 2051 | 2,016 | 1,524 | |
Diamondback Energy, Inc. 4.25% 2052 | 1,522 | 1,115 | |
DT Midstream, Inc. 4.125% 20292 | 555 | 470 | |
Ecopetrol SA 5.875% 2045 | 452 | 274 | |
Enbridge, Inc. 4.00% 2023 | 1,500 | 1,488 | |
Energy Transfer Operating, LP 5.875% 2024 | 294 | 295 | |
Energy Transfer Operating, LP 5.00% 2050 | 7,778 | 6,097 | |
Energy Transfer Partners, LP 4.20% 2023 | 2,860 | 2,831 | |
Energy Transfer Partners, LP 4.50% 2024 | 4,915 | 4,841 | |
Energy Transfer Partners, LP 5.30% 2047 | 5,870 | 4,699 | |
Energy Transfer Partners, LP 6.25% junior subordinated perpetual bonds (3-month USD-LIBOR + 4.028% on 2/15/2023)1 | 7,850 | 6,447 | |
Energy Transfer Partners, LP 6.625% junior subordinated perpetual bonds (3-month USD-LIBOR + 4.155% on 2/15/2028)1 | 500 | 367 | |
EQT Corp. 5.70% 2028 | 1,223 | 1,201 | |
EQT Corp. 7.25% 20301 | 7,500 | 7,758 | |
Equinor ASA 3.625% 2028 | 4,928 | 4,598 | |
Equinor ASA 3.125% 2030 | 20,000 | 17,564 | |
Equinor ASA 3.25% 2049 | 5,687 | 4,094 | |
Exxon Mobil Corp. 3.043% 2026 | 4,625 | 4,375 | |
Exxon Mobil Corp. 2.61% 2030 | 1,040 | 883 | |
Kinder Morgan, Inc. 5.45% 2052 | 1,061 | 922 | |
MPLX, LP 4.00% 2028 | 4,665 | 4,257 | |
MPLX, LP 5.50% 2049 | 4,618 | 3,932 | |
Odebrecht Drilling Norbe 7.35% PIK 20262,4 | 40 | 23 |
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Energy (continued) | Principal amount (000) | Value (000) | |
Odebrecht Drilling Norbe 0% perpetual bonds2 | USD1,150 | $2 | |
Oleoducto Central SA 4.00% 20272 | 1,715 | 1,326 | |
Oleoducto Central SA 4.00% 2027 | 350 | 271 | |
ONEOK, Inc. 4.55% 2028 | 1,610 | 1,476 | |
ONEOK, Inc. 6.35% 2031 | 984 | 966 | |
ONEOK, Inc. 5.20% 2048 | 5,900 | 4,713 | |
ONEOK, Inc. 7.15% 2051 | 3,275 | 3,137 | |
Petróleos Mexicanos 3.50% 2023 | 1,500 | 1,482 | |
Petróleos Mexicanos 6.875% 2025 | 5,000 | 4,710 | |
Petróleos Mexicanos 6.875% 2026 | 24,984 | 22,534 | |
Petróleos Mexicanos 6.49% 2027 | 20,574 | 17,273 | |
Petróleos Mexicanos 6.50% 2027 | 31,829 | 26,709 | |
Petróleos Mexicanos 6.50% 2029 | 3,409 | 2,632 | |
Petróleos Mexicanos 8.75% 20292 | 5,805 | 4,976 | |
Petróleos Mexicanos 6.70% 2032 | 18,129 | 12,747 | |
Qatar Petroleum 2.25% 20312 | 22,020 | 17,787 | |
Qatar Petroleum 3.125% 20412 | 7,310 | 5,348 | |
Qatar Petroleum 3.30% 20512 | 2,185 | 1,557 | |
SA Global Sukuk, Ltd. 1.602% 20262 | 7,645 | 6,789 | |
Sabine Pass Liquefaction, LLC 5.625% 20231 | 1,000 | 1,001 | |
Sabine Pass Liquefaction, LLC 5.75% 2024 | 8,000 | 8,034 | |
Sabine Pass Liquefaction, LLC 5.625% 2025 | 10,000 | 10,001 | |
Sabine Pass Liquefaction, LLC 5.875% 2026 | 15,700 | 15,726 | |
Shell International Finance BV 3.875% 2028 | 9,410 | 8,810 | |
Shell International Finance BV 2.75% 2030 | 1,186 | 1,014 | |
Southwestern Energy Co. 5.95% 20251 | 495 | 485 | |
Total Capital Canada, Ltd. 2.75% 2023 | 2,140 | 2,109 | |
Total Capital International 3.455% 2029 | 885 | 808 | |
TransCanada PipeLines, Ltd. 4.10% 2030 | 1,578 | 1,414 | |
Western Midstream Operating, LP 3.35% 20251 | 2,782 | 2,597 | |
Western Midstream Operating, LP 4.30% 20301 | 2,202 | 1,888 | |
Western Midstream Operating, LP 5.50% 20501 | 3,079 | 2,491 | |
Williams Partners, LP 4.50% 2023 | 500 | 498 | |
Williams Partners, LP 4.30% 2024 | 595 | 587 | |
325,761 | |||
Industrials 3.15% | |||
ADT Security Corp. 4.125% 20292 | 510 | 424 | |
AerCap Ireland Capital, Ltd. / AerCap Global Aviation Trust 1.75% 2026 | 2,841 | 2,433 | |
Air Lease Corp. 0.80% 2024 | 3,175 | 2,895 | |
Air Lease Corp. 2.875% 2026 | 11,453 | 10,263 | |
Air Lease Corp. 2.20% 2027 | 3,060 | 2,595 | |
Air Lease Corp. 2.10% 2028 | 2,450 | 1,912 | |
Avolon Holdings Funding, Ltd. 3.95% 20242 | 12,514 | 11,848 | |
Avolon Holdings Funding, Ltd. 2.125% 20262 | 8,333 | 7,012 | |
Avolon Holdings Funding, Ltd. 4.25% 20262 | 3,302 | 2,964 | |
Avolon Holdings Funding, Ltd. 2.528% 20272 | 2,142 | 1,679 | |
Avolon Holdings Funding, Ltd. 3.25% 20272 | 8,000 | 6,710 | |
BNSF Funding Trust I, junior subordinated, 6.613% 2055 (3-month USD-LIBOR + 2.35% on 1/15/2026)1 | 1,680 | 1,581 | |
Boeing Company 4.508% 2023 | 11,358 | 11,322 | |
Boeing Company 1.95% 2024 | 5,646 | 5,421 | |
Boeing Company 2.80% 2024 | 500 | 483 | |
Boeing Company 4.875% 2025 | 34,682 | 33,875 |
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Industrials (continued) | Principal amount (000) | Value (000) | |
Boeing Company 2.196% 2026 | USD18,411 | $16,355 | |
Boeing Company 2.75% 2026 | 16,588 | 15,035 | |
Boeing Company 3.10% 2026 | 649 | 593 | |
Boeing Company 2.70% 2027 | 6,473 | 5,623 | |
Boeing Company 5.04% 2027 | 14,350 | 13,844 | |
Boeing Company 3.25% 2028 | 11,379 | 9,944 | |
Boeing Company 3.25% 2028 | 1,925 | 1,670 | |
Boeing Company 5.15% 2030 | 42,874 | 39,711 | |
Boeing Company 3.625% 2031 | 1,602 | 1,332 | |
Boeing Company 3.90% 2049 | 1,411 | 925 | |
Boeing Company 5.805% 2050 | 4,122 | 3,591 | |
Canadian Pacific Railway, Ltd. 1.75% 2026 | 1,982 | 1,737 | |
Canadian Pacific Railway, Ltd. 2.45% 2031 | 3,131 | 2,510 | |
Canadian Pacific Railway, Ltd. 3.00% 2041 | 1,677 | 1,192 | |
Canadian Pacific Railway, Ltd. 3.10% 2051 | 3,111 | 2,051 | |
Carrier Global Corp. 3.377% 2040 | 15,000 | 10,870 | |
CSX Corp. 4.10% 2032 | 8,010 | 7,279 | |
CSX Corp. 4.50% 2052 | 6,670 | 5,614 | |
Dun & Bradstreet Corp. 5.00% 20292 | 2,798 | 2,314 | |
Eaton Corp. 4.15% 2033 | 1,518 | 1,374 | |
Eaton Corp. 4.70% 2052 | 535 | 471 | |
General Dynamics Corp. 3.625% 2030 | 675 | 619 | |
General Electric Capital Corp. 4.418% 2035 | 5,977 | 5,363 | |
General Electric Capital Corp., Series A, 6.75% 2032 | 675 | 730 | |
Mexico City Airport Trust 5.50% 2046 | 1,959 | 1,238 | |
Mexico City Airport Trust 5.50% 2047 | 5,909 | 3,700 | |
Mexico City Airport Trust 5.50% 20472 | 1,132 | 709 | |
MISC Capital Two (Labuan), Ltd. 3.75% 20272 | 2,690 | 2,438 | |
Norfolk Southern Corp. 4.55% 2053 | 1,188 | 1,009 | |
Northrop Grumman Corp. 3.25% 2028 | 10,845 | 9,881 | |
Raytheon Technologies Corp. 1.90% 2031 | 3,087 | 2,361 | |
Raytheon Technologies Corp. 2.375% 2032 | 1,321 | 1,040 | |
Raytheon Technologies Corp. 2.82% 2051 | 665 | 419 | |
Raytheon Technologies Corp. 3.03% 2052 | 1,190 | 780 | |
Republic Services, Inc. 2.375% 2033 | 1,635 | 1,256 | |
Summit Digitel Infrastructure Private, Ltd. 2.875% 20312 | 2,550 | 1,854 | |
Triton Container International, Ltd. 1.15% 20242 | 1,609 | 1,467 | |
Triton Container International, Ltd. 3.15% 20312 | 2,482 | 1,821 | |
Union Pacific Corp. 2.15% 2027 | 2,213 | 1,978 | |
Union Pacific Corp. 2.40% 2030 | 4,454 | 3,729 | |
Union Pacific Corp. 2.375% 2031 | 3,938 | 3,208 | |
Union Pacific Corp. 2.80% 2032 | 6,734 | 5,618 | |
Union Pacific Corp. 3.375% 2042 | 530 | 404 | |
Union Pacific Corp. 3.25% 2050 | 7,000 | 4,956 | |
Union Pacific Corp. 2.95% 2052 | 1,405 | 930 | |
United Rentals, Inc. 5.50% 2027 | 2,500 | 2,421 | |
United Technologies Corp. 3.125% 2027 | 4,551 | 4,181 | |
United Technologies Corp. 4.125% 2028 | 4,974 | 4,651 | |
Waste Management, Inc. 4.15% 2032 | 2,155 | 1,996 | |
318,209 |
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Consumer staples 1.62% | Principal amount (000) | Value (000) | |
7-Eleven, Inc. 1.80% 20312 | USD7,278 | $5,418 | |
7-Eleven, Inc. 2.80% 20512 | 5,000 | 2,927 | |
Altria Group, Inc. 4.40% 2026 | 4,585 | 4,417 | |
Altria Group, Inc. 4.50% 2043 | 1,585 | 1,120 | |
Altria Group, Inc. 5.95% 2049 | 9,039 | 7,509 | |
Anheuser-Busch InBev NV 4.75% 2029 | 7,500 | 7,314 | |
Anheuser-Busch InBev NV 5.55% 2049 | 5,000 | 4,716 | |
Anheuser-Busch InBev NV 4.50% 2050 | 1,355 | 1,119 | |
British American Tobacco International Finance PLC 3.95% 20252 | 16,879 | 16,111 | |
British American Tobacco International Finance PLC 1.668% 2026 | 4,070 | 3,523 | |
British American Tobacco PLC 3.557% 2027 | 10,991 | 9,667 | |
British American Tobacco PLC 2.259% 2028 | 4,348 | 3,465 | |
British American Tobacco PLC 4.448% 2028 | 3,065 | 2,737 | |
British American Tobacco PLC 4.742% 2032 | 2,675 | 2,242 | |
British American Tobacco PLC 4.39% 2037 | 1,500 | 1,072 | |
British American Tobacco PLC 4.54% 2047 | 14,400 | 9,573 | |
British American Tobacco PLC 4.758% 2049 | 22,045 | 15,076 | |
British American Tobacco PLC 5.65% 2052 | 610 | 466 | |
Conagra Brands, Inc. 5.30% 2038 | 436 | 384 | |
Conagra Brands, Inc. 5.40% 2048 | 57 | 49 | |
Constellation Brands, Inc. 3.50% 2027 | 7,500 | 6,942 | |
Constellation Brands, Inc. 4.35% 2027 | 890 | 855 | |
Constellation Brands, Inc. 2.875% 2030 | 620 | 515 | |
Constellation Brands, Inc. 2.25% 2031 | 1,487 | 1,144 | |
Constellation Brands, Inc. 4.75% 2032 | 2,284 | 2,140 | |
Imperial Tobacco Finance PLC 6.125% 20272 | 1,810 | 1,786 | |
JBS USA Lux SA 2.50% 20272 | 3,880 | 3,323 | |
JBS USA Lux SA 3.00% 20292 | 2,709 | 2,220 | |
JBS USA Lux SA 5.50% 20302 | 435 | 403 | |
JBS USA Lux SA 3.00% 20322 | 3,430 | 2,540 | |
JBS USA Lux SA 3.625% 20322 | 1,430 | 1,120 | |
JBS USA Lux SA 5.75% 20332 | 7,368 | 6,673 | |
Kraft Heinz Company 4.875% 2049 | 1,270 | 1,050 | |
Kraft Heinz Company 5.50% 2050 | 2,725 | 2,457 | |
PepsiCo, Inc. 1.95% 2031 | 6,979 | 5,563 | |
Philip Morris International, Inc. 4.125% 2043 | 4,117 | 2,873 | |
Philip Morris International, Inc. 4.875% 2043 | 5,433 | 4,162 | |
PT Indofood CBP Sukses Makmur Tbk 3.398% 2031 | 3,110 | 2,333 | |
PT Indofood CBP Sukses Makmur Tbk 4.745% 2051 | 685 | 438 | |
Reynolds American, Inc. 4.45% 2025 | 14,570 | 14,093 | |
Reynolds American, Inc. 5.85% 2045 | 1,970 | 1,550 | |
Wal-Mart Stores, Inc. 4.15% 2032 | 570 | 547 | |
Wal-Mart Stores, Inc. 4.50% 2052 | 480 | 451 | |
164,083 | |||
Information technology 0.90% | |||
Analog Devices, Inc. 2.80% 2041 | 521 | 370 | |
Apple, Inc. 2.70% 2051 | 7,080 | 4,688 | |
Apple, Inc. 3.95% 2052 | 1,805 | 1,511 | |
Block, Inc. 2.75% 2026 | 1,975 | 1,700 | |
Block, Inc. 3.50% 2031 | 825 | 641 | |
Broadcom Corp. / Broadcom Cayman Finance, Ltd. 3.875% 2027 | 7,027 | 6,474 | |
Broadcom, Inc. 4.00% 20292 | 1,470 | 1,297 | |
Broadcom, Inc. 4.15% 20322 | 2,270 | 1,903 |
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Information technology (continued) | Principal amount (000) | Value (000) | |
Broadcom, Inc. 3.469% 20342 | USD33,872 | $25,474 | |
Broadcom, Inc. 3.137% 20352 | 2,149 | 1,510 | |
Broadcom, Inc. 3.187% 20362 | 4,803 | 3,295 | |
Broadcom, Inc. 4.926% 20372 | 4,049 | 3,346 | |
Global Payments, Inc. 2.90% 2031 | 1,005 | 770 | |
Oracle Corp. 1.65% 2026 | 4,867 | 4,269 | |
Oracle Corp. 2.30% 2028 | 6,875 | 5,753 | |
Oracle Corp. 2.875% 2031 | 7,393 | 5,839 | |
Oracle Corp. 3.95% 2051 | 4,869 | 3,238 | |
PayPal Holdings, Inc. 3.90% 2027 | 1,233 | 1,183 | |
PayPal Holdings, Inc. 2.30% 2030 | 330 | 269 | |
PayPal Holdings, Inc. 4.40% 2032 | 6,461 | 6,028 | |
PayPal Holdings, Inc. 5.05% 2052 | 3,775 | 3,374 | |
salesforce.com, inc. 1.95% 2031 | 3,775 | 2,978 | |
salesforce.com, inc. 2.70% 2041 | 875 | 605 | |
salesforce.com, inc. 2.90% 2051 | 5,140 | 3,405 | |
salesforce.com, inc. 3.05% 2061 | 265 | 166 | |
VeriSign, Inc. 2.70% 2031 | 1,494 | 1,161 | |
91,247 | |||
Real estate 0.73% | |||
American Tower Corp. 1.45% 2026 | 657 | 561 | |
American Tower Corp. 3.65% 2027 | 5,390 | 4,936 | |
American Tower Corp. 2.30% 2031 | 1,180 | 885 | |
American Tower Corp. 2.70% 2031 | 1,100 | 865 | |
American Tower Corp. 4.05% 2032 | 1,278 | 1,103 | |
Corporacion Inmobiliaria Vesta, SAB de CV, 3.625% 20312 | 395 | 297 | |
Corporate Office Properties, LP 2.00% 2029 | 1,139 | 859 | |
Corporate Office Properties, LP 2.75% 2031 | 1,547 | 1,139 | |
Corporate Office Properties, LP 2.90% 2033 | 564 | 392 | |
Equinix, Inc. 2.90% 2026 | 3,287 | 2,953 | |
Equinix, Inc. 3.20% 2029 | 3,846 | 3,257 | |
Equinix, Inc. 2.50% 2031 | 7,760 | 5,987 | |
Equinix, Inc. 3.90% 2032 | 1,155 | 983 | |
Equinix, Inc. 3.40% 2052 | 1,201 | 794 | |
Extra Space Storage, Inc. 2.35% 2032 | 698 | 515 | |
FibraSOMA 4.375% 20312 | 1,475 | 1,041 | |
Hospitality Properties Trust 4.50% 2025 | 855 | 716 | |
Hospitality Properties Trust 3.95% 2028 | 1,710 | 1,166 | |
Howard Hughes Corp. 4.375% 20312 | 675 | 486 | |
Invitation Homes Operating Partnership, LP 2.30% 2028 | 767 | 615 | |
Invitation Homes Operating Partnership, LP 2.00% 2031 | 2,048 | 1,471 | |
Invitation Homes Operating Partnership, LP 2.70% 2034 | 660 | 467 | |
Iron Mountain, Inc. 4.875% 20272 | 1,605 | 1,440 | |
Iron Mountain, Inc. 5.25% 20282 | 3,500 | 3,075 | |
Iron Mountain, Inc. 5.25% 20302 | 675 | 560 | |
Omega Healthcare Investors, Inc. 4.375% 2023 | 186 | 185 | |
Piedmont Operating Partnership, LP 4.45% 2024 | 1,000 | 985 | |
Public Storage 1.95% 2028 | 993 | 828 | |
Public Storage 2.30% 2031 | 3,195 | 2,562 | |
Scentre Group 3.50% 20252 | 4,565 | 4,345 | |
Sun Communities Operating, LP 2.30% 2028 | 1,026 | 825 | |
Sun Communities Operating, LP 2.70% 2031 | 3,877 | 2,935 | |
VICI Properties, LP 4.375% 2025 | 670 | 639 |
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Real estate (continued) | Principal amount (000) | Value (000) | |
VICI Properties, LP 4.75% 2028 | USD6,844 | $6,308 | |
VICI Properties, LP 4.95% 2030 | 5,515 | 4,996 | |
VICI Properties, LP 5.125% 2032 | 11,766 | 10,455 | |
VICI Properties, LP 5.625% 2052 | 2,695 | 2,236 | |
73,862 | |||
Materials 0.21% | |||
Air Products and Chemicals, Inc. 2.70% 2040 | 2,911 | 2,099 | |
Celanese US Holdings, LLC 6.05% 2025 | 195 | 191 | |
Celanese US Holdings, LLC 6.165% 2027 | 2,875 | 2,725 | |
Celanese US Holdings, LLC 6.33% 2029 | 775 | 723 | |
Celanese US Holdings, LLC 6.379% 2032 | 2,055 | 1,912 | |
Ecolab, Inc. 1.65% 2027 | 835 | 734 | |
Ecolab, Inc. 2.125% 2032 | 2,580 | 2,041 | |
Ecolab, Inc. 2.70% 2051 | 335 | 214 | |
Glencore Funding, LLC 2.625% 20312 | 790 | 593 | |
Glencore Funding, LLC 3.375% 20512 | 370 | 226 | |
International Flavors & Fragrances, Inc. 2.30% 20302 | 3,536 | 2,719 | |
LYB International Finance III, LLC 2.25% 2030 | 3,802 | 2,962 | |
LYB International Finance III, LLC 3.625% 2051 | 2,617 | 1,713 | |
Methanex Corp. 5.125% 2027 | 510 | 429 | |
Nova Chemicals Corp. 4.25% 20292 | 425 | 333 | |
South32 Treasury (USA), Ltd. 4.35% 20322 | 1,384 | 1,193 | |
20,807 | |||
Municipals 0.01% | |||
Aeropuerto International de Tocume SA 4.00% 20412 | 730 | 542 | |
Aeropuerto International de Tocume SA 5.125% 20612 | 565 | 405 | |
947 | |||
Total corporate bonds, notes & loans | 3,572,579 | ||
U.S. Treasury bonds & notes 28.37% U.S. Treasury 15.69% | |||
U.S. Treasury 0.125% 2023 | 39,035 | 38,023 | |
U.S. Treasury 0.375% 2024 | 42,000 | 39,206 | |
U.S. Treasury 0.375% 2024 | 15,740 | 14,597 | |
U.S. Treasury 2.125% 2024 | 72,100 | 69,180 | |
U.S. Treasury 2.50% 2024 | 22,390 | 21,764 | |
U.S. Treasury 3.25% 2024 | 47,760 | 46,886 | |
U.S. Treasury 0.375% 2025 | 44,080 | 38,971 | |
U.S. Treasury 2.875% 20255 | 96,200 | 92,682 | |
U.S. Treasury 2.875% 2025 | 72,100 | 69,642 | |
U.S. Treasury 2.875% 2025 | 6,866 | 6,620 | |
U.S. Treasury 3.50% 2025 | 33,318 | 32,624 | |
U.S. Treasury 0.375% 2026 | 40,000 | 35,225 | |
U.S. Treasury 0.75% 2026 | 26,766 | 23,474 | |
U.S. Treasury 0.75% 2026 | 20,625 | 18,216 | |
U.S. Treasury 1.375% 20265 | 45,000 | 40,505 | |
U.S. Treasury 0.50% 2027 | 90,625 | 77,090 | |
U.S. Treasury 2.25% 20275 | 120,200 | 109,962 | |
U.S. Treasury 2.75% 2027 | 11,500 | 10,850 | |
U.S. Treasury 3.125% 2027 | 1,581 | 1,516 | |
U.S. Treasury 6.125% 2027 | 24,000 | 26,179 |
Bonds, notes & other debt instruments (continued) U.S. Treasury bonds & notes (continued) U.S. Treasury (continued) | Principal amount (000) | Value (000) | |
U.S. Treasury 1.25% 2028 | USD79,480 | $68,219 | |
U.S. Treasury 3.125% 2029 | 8,092 | 7,678 | |
U.S. Treasury 1.625% 2031 | 1,630 | 1,369 | |
U.S. Treasury 2.75% 2032 | 3,710 | 3,392 | |
U.S. Treasury 1.125% 2040 | 124,213 | 77,765 | |
U.S. Treasury 1.375% 2040 | 40,000 | 25,890 | |
U.S. Treasury 1.875% 2041 | 46,900 | 33,265 | |
U.S. Treasury 2.00% 2041 | 247 | 177 | |
U.S. Treasury 2.375% 2042 | 3,271 | 2,507 | |
U.S. Treasury 3.375% 2042 | 694 | 629 | |
U.S. Treasury 3.00% 2049 | 123,340 | 105,268 | |
U.S. Treasury 1.25% 20505 | 21,285 | 11,926 | |
U.S. Treasury 1.875% 2051 | 4,670 | 3,090 | |
U.S. Treasury 2.00% 2051 | 1,587 | 1,084 | |
U.S. Treasury 2.875% 20525 | 512,917 | 430,311 | |
1,585,782 | |||
U.S. Treasury inflation-protected securities 12.68% | |||
U.S. Treasury Inflation-Protected Security 0.125% 20236 | 205,070 | 202,898 | |
U.S. Treasury Inflation-Protected Security 0.375% 20236 | 6,537 | 6,427 | |
U.S. Treasury Inflation-Protected Security 0.625% 20236 | 85,438 | 84,143 | |
U.S. Treasury Inflation-Protected Security 0.125% 20246 | 248,971 | 240,334 | |
U.S. Treasury Inflation-Protected Security 0.125% 20246 | 76,155 | 73,221 | |
U.S. Treasury Inflation-Protected Security 0.50% 20246 | 47,738 | 46,359 | |
U.S. Treasury Inflation-Protected Security 0.625% 20246 | 231,746 | 226,167 | |
U.S. Treasury Inflation-Protected Security 0.125% 20256 | 28,463 | 26,985 | |
U.S. Treasury Inflation-Protected Security 0.25% 20256 | 26,767 | 25,597 | |
U.S. Treasury Inflation-Protected Security 0.375% 20256 | 70,598 | 67,417 | |
U.S. Treasury Inflation-Protected Security 0.125% 20266 | 13,292 | 12,380 | |
U.S. Treasury Inflation-Protected Security 0.625% 20266 | 3,281 | 3,131 | |
U.S. Treasury Inflation-Protected Security 0.125% 20276 | 66,255 | 61,067 | |
U.S. Treasury Inflation-Protected Security 0.375% 20275,6 | 85,364 | 79,620 | |
U.S. Treasury Inflation-Protected Security 0.50% 20285,6 | 90,085 | 83,643 | |
U.S. Treasury Inflation-Protected Security 0.125% 20316 | 20,094 | 17,558 | |
U.S. Treasury Inflation-Protected Security 0.125% 20316 | 13,309 | 11,607 | |
U.S. Treasury Inflation-Protected Security 0.125% 20516 | 6,083 | 3,825 | |
U.S. Treasury Inflation-Protected Security 0.125% 20526 | 13,485 | 8,546 | |
1,280,925 | |||
Total U.S. Treasury bonds & notes | 2,866,707 | ||
Mortgage-backed obligations 27.70% Federal agency mortgage-backed obligations 24.85% | |||
Fannie Mae Pool #976945 5.50% 20237 | 2 | 2 | |
Fannie Mae Pool #AB1068 4.50% 20257 | 44 | 44 | |
Fannie Mae Pool #256133 4.50% 20267 | 43 | 41 | |
Fannie Mae Pool #AR3058 3.00% 20287 | 79 | 76 | |
Fannie Mae Pool #AS8018 3.00% 20317 | 46 | 44 | |
Fannie Mae Pool #BM4741 3.00% 20327 | 30 | 28 | |
Fannie Mae Pool #924866 2.765% 20373,7 | 425 | 420 | |
Fannie Mae Pool #945680 6.00% 20377 | 437 | 460 | |
Fannie Mae Pool #913966 6.00% 20377 | 35 | 36 | |
Fannie Mae Pool #889982 5.50% 20387 | 955 | 987 | |
Fannie Mae Pool #988588 5.50% 20387 | 188 | 194 |
Bonds, notes & other debt instruments (continued) Mortgage-backed obligations (continued) Federal agency mortgage-backed obligations (continued) | Principal amount (000) | Value (000) | |
Fannie Mae Pool #AB1297 5.00% 20407 | USD194 | $195 | |
Fannie Mae Pool #MA4501 2.00% 20417 | 10,198 | 8,548 | |
Fannie Mae Pool #AI1862 5.00% 20417 | 980 | 986 | |
Fannie Mae Pool #AH8144 5.00% 20417 | 813 | 812 | |
Fannie Mae Pool #AH9479 5.00% 20417 | 761 | 766 | |
Fannie Mae Pool #AI3510 5.00% 20417 | 567 | 570 | |
Fannie Mae Pool #AJ0704 5.00% 20417 | 473 | 477 | |
Fannie Mae Pool #AJ5391 5.00% 20417 | 346 | 350 | |
Fannie Mae Pool #MA4540 2.00% 20427 | 2,677 | 2,241 | |
Fannie Mae Pool #FM9416 3.50% 20457 | 2,905 | 2,658 | |
Fannie Mae Pool #AZ3904 4.00% 20457 | 42 | 39 | |
Fannie Mae Pool #AL8522 3.50% 20467 | 918 | 844 | |
Fannie Mae Pool #BD1968 4.00% 20467 | 948 | 898 | |
Fannie Mae Pool #BE0592 4.00% 20467 | 315 | 294 | |
Fannie Mae Pool #BD5477 4.00% 20467 | 138 | 130 | |
Fannie Mae Pool #CA0770 3.50% 20477 | 4,889 | 4,482 | |
Fannie Mae Pool #CA0706 4.00% 20477 | 94 | 90 | |
Fannie Mae Pool #MA3058 4.00% 20477 | 43 | 41 | |
Fannie Mae Pool #BM4413 4.50% 20477 | 2,929 | 2,846 | |
Fannie Mae Pool #BF0293 3.00% 20487 | 7,152 | 6,313 | |
Fannie Mae Pool #FM4891 3.50% 20487 | 21,374 | 19,661 | |
Fannie Mae Pool #BF0318 3.50% 20487 | 5,845 | 5,342 | |
Fannie Mae Pool #CA1189 3.50% 20487 | 1,413 | 1,294 | |
Fannie Mae Pool #BJ5749 4.00% 20487 | 17 | 16 | |
Fannie Mae Pool #BM4676 4.00% 20487 | 13 | 12 | |
Fannie Mae Pool #CA3807 3.00% 20497 | 1,444 | 1,280 | |
Fannie Mae Pool #CA3806 3.00% 20497 | 934 | 831 | |
Fannie Mae Pool #FM0007 3.50% 20497 | 16,457 | 14,990 | |
Fannie Mae Pool #FM1954 3.50% 20497 | 6,938 | 6,319 | |
Fannie Mae Pool #FM1589 3.50% 20497 | 4,426 | 4,032 | |
Fannie Mae Pool #FM3280 3.50% 20497 | 760 | 696 | |
Fannie Mae Pool #FM1262 4.00% 20497 | 23,601 | 22,320 | |
Fannie Mae Pool #CA7599 2.50% 20507 | 7,654 | 6,486 | |
Fannie Mae Pool #CA5968 2.50% 20507 | 6,325 | 5,403 | |
Fannie Mae Pool #FM4897 3.00% 20507 | 19,654 | 17,448 | |
Fannie Mae Pool #FM5507 3.00% 20507 | 18,860 | 16,773 | |
Fannie Mae Pool #CA6309 3.00% 20507 | 6,875 | 6,093 | |
Fannie Mae Pool #CA8828 2.50% 20517 | 6,436 | 5,482 | |
Fannie Mae Pool #CB2765 2.00% 20527 | 6,983 | 5,722 | |
Fannie Mae Pool #FS0647 3.00% 20527 | 42,221 | 37,434 | |
Fannie Mae Pool #BF0145 3.50% 20577 | 12,241 | 11,133 | |
Fannie Mae Pool #BF0264 3.50% 20587 | 9,262 | 8,423 | |
Fannie Mae Pool #BF0332 3.00% 20597 | 20,083 | 17,578 | |
Fannie Mae Pool #BF0497 3.00% 20607 | 23,215 | 20,194 | |
Fannie Mae, Series 2001-4, Class GA, 9.00% 20253,7 | —8 | —8 | |
Fannie Mae, Series 2001-50, Class BA, 7.00% 20417 | 7 | 7 | |
Fannie Mae, Series 2002-W3, Class A5, 7.50% 20417 | 18 | 20 | |
Fannie Mae, Series 2002-W1, Class 2A, 4.97% 20423,7 | 22 | 22 | |
Freddie Mac Pool #ZS8507 3.00% 20287 | 121 | 116 | |
Freddie Mac Pool #ZK7590 3.00% 20297 | 2,658 | 2,567 | |
Freddie Mac Pool #A15120 5.50% 20337 | 53 | 53 | |
Freddie Mac Pool #QN1073 3.00% 20347 | 49 | 46 | |
Freddie Mac Pool #G05196 5.50% 20387 | 52 | 54 | |
Freddie Mac Pool #G05267 5.50% 20387 | 38 | 39 |
Bonds, notes & other debt instruments (continued) Mortgage-backed obligations (continued) Federal agency mortgage-backed obligations (continued) | Principal amount (000) | Value (000) | |
Freddie Mac Pool #G06020 5.50% 20397 | USD75 | $78 | |
Freddie Mac Pool #A93948 4.50% 20407 | 160 | 157 | |
Freddie Mac Pool #G05860 5.50% 20407 | 275 | 284 | |
Freddie Mac Pool #RB5138 2.00% 20417 | 2,687 | 2,252 | |
Freddie Mac Pool #G06868 4.50% 20417 | 183 | 180 | |
Freddie Mac Pool #G06841 5.50% 20417 | 439 | 455 | |
Freddie Mac Pool #RB5148 2.00% 20427 | 5,596 | 4,684 | |
Freddie Mac Pool #RB5145 2.00% 20427 | 2,614 | 2,188 | |
Freddie Mac Pool #Z40130 3.00% 20467 | 21,459 | 19,270 | |
Freddie Mac Pool #G61733 3.00% 20477 | 5,329 | 4,743 | |
Freddie Mac Pool #ZT2100 3.00% 20477 | 111 | 99 | |
Freddie Mac Pool #G08789 4.00% 20477 | 650 | 618 | |
Freddie Mac Pool #G67709 3.50% 20487 | 13,911 | 12,786 | |
Freddie Mac Pool #G61628 3.50% 20487 | 334 | 305 | |
Freddie Mac Pool #Q58494 4.00% 20487 | 1,281 | 1,213 | |
Freddie Mac Pool #QA4673 3.00% 20497 | 30,588 | 27,083 | |
Freddie Mac Pool #SD7508 3.50% 20497 | 11,323 | 10,240 | |
Freddie Mac Pool #RA1369 3.50% 20497 | 2,068 | 1,883 | |
Freddie Mac Pool #ZN4842 3.50% 20497 | 755 | 688 | |
Freddie Mac, Series 3061, Class PN, 5.50% 20357 | 60 | 61 | |
Freddie Mac, Series 3318, Class JT, 5.50% 20377 | 134 | 136 | |
Freddie Mac, Series 3156, Class PO, principal only, 0% 20367 | 125 | 104 | |
Freddie Mac, Series 3146, Class PO, principal only, 0% 20367 | 125 | 102 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2018-3, Class MA, 3.50% 20577 | 8,682 | 8,304 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2019-2, Class MA, 3.50% 20587 | 1,994 | 1,902 | |
Freddie Mac Seasoned Loan Structured Transaction Trust, Series 2022-1, Class A1, 3.50% 20327 | 10,925 | 10,423 | |
Government National Mortgage Assn. 2.00% 20527,9 | 14,785 | 12,317 | |
Government National Mortgage Assn. 3.00% 20527,9 | 11,283 | 9,975 | |
Government National Mortgage Assn. 3.50% 20527,9 | 49,980 | 45,472 | |
Government National Mortgage Assn. 4.00% 20527,9 | 88,542 | 82,707 | |
Government National Mortgage Assn. 4.50% 20527,9 | 74,738 | 71,559 | |
Government National Mortgage Assn. 5.00% 20527,9 | 118,241 | 115,757 | |
Government National Mortgage Assn. 5.00% 20527,9 | 67,500 | 65,997 | |
Government National Mortgage Assn. 5.50% 20527,9 | 40,547 | 40,528 | |
Government National Mortgage Assn. 5.50% 20527,9 | 6,600 | 6,577 | |
Government National Mortgage Assn. Pool #MA5817 4.00% 20497 | 12,850 | 12,155 | |
Government National Mortgage Assn. Pool #MA6221 4.50% 20497 | 5,385 | 5,200 | |
Government National Mortgage Assn. Pool #MA6042 5.00% 20497 | 36 | 36 | |
Uniform Mortgage-Backed Security 1.50% 20377,9 | 3,950 | 3,388 | |
Uniform Mortgage-Backed Security 2.50% 20377,9 | 7,545 | 6,830 | |
Uniform Mortgage-Backed Security 3.00% 20377,9 | 4,006 | 3,719 | |
Uniform Mortgage-Backed Security 2.00% 20527,9 | 227,900 | 184,581 | |
Uniform Mortgage-Backed Security 2.00% 20527,9 | 4,177 | 3,383 | |
Uniform Mortgage-Backed Security 2.50% 20527,9 | 123,466 | 103,623 | |
Uniform Mortgage-Backed Security 2.50% 20527,9 | 29,930 | 25,059 | |
Uniform Mortgage-Backed Security 3.00% 20527,9 | 99,704 | 86,809 | |
Uniform Mortgage-Backed Security 3.50% 20527,9 | 29,999 | 27,006 | |
Uniform Mortgage-Backed Security 3.50% 20527,9 | 11,198 | 10,075 | |
Uniform Mortgage-Backed Security 4.00% 20527,9 | 181,634 | 168,586 | |
Uniform Mortgage-Backed Security 4.00% 20527,9 | 13,969 | 12,955 | |
Uniform Mortgage-Backed Security 4.50% 20527,9 | 462,015 | 440,250 | |
Uniform Mortgage-Backed Security 4.50% 20527,9 | 9,810 | 9,338 | |
Uniform Mortgage-Backed Security 5.00% 20527,9 | 147,555 | 143,775 | |
Uniform Mortgage-Backed Security 5.00% 20527,9 | 5,750 | 5,595 |
Bonds, notes & other debt instruments (continued) Mortgage-backed obligations (continued) Federal agency mortgage-backed obligations (continued) | Principal amount (000) | Value (000) | |
Uniform Mortgage-Backed Security 5.50% 20527,9 | USD376,213 | $374,038 | |
Uniform Mortgage-Backed Security 5.50% 20527,9 | 49,755 | 49,366 | |
2,510,692 | |||
Commercial mortgage-backed securities 1.63% | |||
Bank Commercial Mortgage Trust, Series 2019-BN17, Class A4, 3.714% 20527 | 100 | 91 | |
Bank Commercial Mortgage Trust, Series 2019-BN16, Class A4, 4.005% 20527 | 770 | 716 | |
Bank Commercial Mortgage Trust, Series 2022-BNK43, Class A5, 4.399% 20557 | 4,205 | 3,959 | |
Bank Commercial Mortgage Trust, Series 2019-BN19, Class A3, 3.183% 20617 | 1,018 | 894 | |
Bank Commercial Mortgage Trust, Series 2018-BN10, Class A4, 3.428% 20617 | 130 | 120 | |
Bank Commercial Mortgage Trust, Series 2018-BN10, Class A5, 3.688% 20617 | 205 | 190 | |
Bank Commercial Mortgage Trust, Series 2018-BN12, Class A4, 4.255% 20613,7 | 2,444 | 2,317 | |
Bank Commercial Mortgage Trust, Series 2020-BN26, Class A4, 2.403% 20637 | 295 | 244 | |
Benchmark Mortgage Trust, Series 2018-B8, Class A5, 4.232% 20527 | 2,541 | 2,395 | |
Benchmark Mortgage Trust, Series 2018-B7, Class A4, 4.51% 20533,7 | 781 | 747 | |
Benchmark Mortgage Trust, Series 2022-B36, Class A5, 4.47% 20553,7 | 5,032 | 4,754 | |
Boca Commercial Mortgage Trust, Series 2022-BOCA, Class A, (1-month USD CME Term SOFR + 1.77%) 4.615% 20392,3,7 | 8,575 | 8,412 | |
BPR Trust, Series 2022-OANA, Class A, (1-month USD CME Term SOFR + 1.898%) 4.743% 20372,3,7 | 3,822 | 3,773 | |
BX Trust, Series 2022-CSMO, Class A, (1-month USD CME Term SOFR + 2.115%) 4.96% 20272,3,7 | 8,476 | 8,391 | |
BX Trust, Series 2021-VOLT, Class A, (1-month USD-LIBOR + 0.70%) 3.518% 20362,3,7 | 14,727 | 14,083 | |
BX Trust, Series 2021-RISE, Class A, (1-month USD-LIBOR + 0.74%) 3.565% 20362,3,7 | 12,622 | 12,071 | |
BX Trust, Series 2021-ARIA, Class A, (1-month USD-LIBOR + 0.899%) 3.717% 20362,3,7 | 5,292 | 5,031 | |
BX Trust, Series 2021-VOLT, Class B, (1-month USD-LIBOR + 0.95%) 3.768% 20362,3,7 | 570 | 536 | |
BX Trust, Series 2021-ARIA, Class B, (1-month USD-LIBOR + 1.297%) 4.115% 20362,3,7 | 995 | 930 | |
BX Trust, Series 2021-ARIA, Class C, (1-month USD-LIBOR + 1.646%) 4.464% 20362,3,7 | 996 | 929 | |
BX Trust, Series 2022-IND, Class A, (1-month USD CME Term SOFR + 1.491%) 4.336% 20372,3,7 | 5,828 | 5,671 | |
BX Trust, Series 2021-SOAR, Class A, (1-month USD-LIBOR + 0.67%) 3.488% 20382,3,7 | 3,741 | 3,583 | |
BX Trust, Series 2021-ACNT, Class A, (1-month USD-LIBOR + 0.85%) 3.668% 20382,3,7 | 9,979 | 9,596 | |
BX Trust, Series 2021-SOAR, Class B, (1-month USD-LIBOR + 0.87%) 3.688% 20382,3,7 | 433 | 412 | |
BX Trust, Series 2021-SOAR, Class C, (1-month USD-LIBOR + 1.10%) 3.918% 20382,3,7 | 293 | 276 | |
BX Trust, Series 2021-ACNT, Class B, (1-month USD-LIBOR + 1.25%) 4.068% 20382,3,7 | 339 | 324 | |
BX Trust, Series 2021-SOAR, Class D, (1-month USD-LIBOR + 1.40%) 4.218% 20382,3,7 | 740 | 698 | |
BX Trust, Series 2021-ACNT, Class C, (1-month USD-LIBOR + 1.50%) 4.318% 20382,3,7 | 100 | 95 | |
BX Trust, Series 2021-ACNT, Class D, (1-month USD-LIBOR + 1.85%) 4.668% 20382,3,7 | 151 | 143 | |
BX Trust, Series 2022-GPA, Class A, (1-month USD CME Term SOFR + 2.165%) 4.665% 20392,3,7 | 3,198 | 3,187 | |
Citigroup Commercial Mortgage Trust, Series 2016-GC36, Class A5, 3.616% 20497 | 610 | 575 | |
Commercial Mortgage Trust, Series 2013-LC13, Class B, 5.009% 20462,3,7 | 312 | 308 | |
Commercial Mortgage Trust, Series 2014-LC15, Class AM, 4.198% 20477 | 350 | 341 | |
CSAIL Commercial Mortgage Trust, Series 2015-C4, Class C, 4.711% 20483,7 | 204 | 189 | |
CSAIL Commercial Mortgage Trust, Series 2015-C2, Class A3, 3.231% 20577 | 1,137 | 1,080 | |
Deutsche Bank Commercial Mortgage Trust, Series 2016-C1, Class AM, 3.539% 20497 | 200 | 184 | |
Extended Stay America Trust, Series 2021-ESH, Class A, (1-month USD-LIBOR + 1.08%) 3.898% 20382,3,7 | 2,862 | 2,777 | |
Extended Stay America Trust, Series 2021-ESH, Class B, (1-month USD-LIBOR + 1.38%) 4.198% 20382,3,7 | 653 | 630 | |
Extended Stay America Trust, Series 2021-ESH, Class C, (1-month USD-LIBOR + 1.70%) 4.518% 20382,3,7 | 891 | 858 | |
Extended Stay America Trust, Series 2021-ESH, Class D, (1-month USD-LIBOR + 2.25%) 5.068% 20382,3,7 | 682 | 655 | |
Fontainebleau Miami Beach Trust, CMO, Series 2019-FBLU, Class A, 3.144% 20362,7 | 304 | 284 | |
Grace Mortgage Trust, Series 2020-GRCE, Class A, 2.347% 20402,7 | 1,897 | 1,462 | |
GS Mortgage Securities Trust, Series 2022-SHIP, Class A, (1-month USD CME Term SOFR + 0.731%) 3.576% 20242,3,7 | 1,317 | 1,296 | |
GS Mortgage Securities Trust, Series 2017-GS7, Class A4, 3.43% 20507 | 400 | 368 | |
GS Mortgage Securities Trust, Series 2019-GC38, Class A4, 3.968% 20527 | 100 | 93 | |
GS Mortgage Securities Trust, Series 2020-GC47, Class A5, 2.377% 20537 | 1,536 | 1,259 |
Bonds, notes & other debt instruments (continued) Mortgage-backed obligations (continued) Commercial mortgage-backed securities (continued) | Principal amount (000) | Value (000) | |
ILPT Commercial Mortgage Pass-through Certificates, Series 2022-LPF2, Class A, (1-month USD CME Term SOFR + 2.245%) 4.495% 20392,3,7 | USD3,391 | $3,389 | |
JPMBB Commercial Mortgage Securities Trust, Series 2014-C18, Class A5, 4.079% 20477 | 3,280 | 3,229 | |
JPMDB Commercial Mortgage Securities Trust, Series 2017-C7, Class A5, 3.409% 20507 | 240 | 220 | |
JPMDB Commercial Mortgage Securities Trust, Series 2017-C5, Class A5, 3.694% 20507 | 640 | 599 | |
JPMorgan Chase Commercial Mortgage Securities Trust, Series 2022-OPO, Class A, 3.024% 20392,7 | 7,867 | 6,817 | |
JPMorgan Chase Commercial Mortgage Securities Trust, Series 2016-JP4, Class A4, 3.648% 20493,7 | 2,040 | 1,911 | |
La Quinta Mortgage Trust, Series 2022-LAQ, Class A, (1-month USD CME Term SOFR + 1.724%) 4.569% 20392,3,7 | 2,088 | 2,030 | |
LUXE Commercial Mortgage Trust, Series 2021-TRIP, Class A, (1-month USD-LIBOR + 1.05%) 3.868% 20382,3,7 | 4,555 | 4,410 | |
MHC Commercial Mortgage Trust, CMO, Series 2021-MHC, Class A, (1-month USD-LIBOR + 0.801%) 3.619% 20262,3,7 | 154 | 148 | |
Morgan Stanley Bank of America Merrill Lynch Trust, Series 2014-C17, Class A5, 3.741% 20477 | 5,446 | 5,303 | |
Morgan Stanley Bank of America Merrill Lynch Trust, Series 2015-C22, Class A-4, 3.306% 20487 | 410 | 390 | |
Morgan Stanley Bank of America Merrill Lynch Trust, Series 2016-C32, Class A-4, 3.72% 20497 | 245 | 230 | |
Morgan Stanley Capital I Trust, Series 2015-UBS8, Class AS, 4.114% 20487 | 730 | 685 | |
Morgan Stanley Capital I Trust, Series 2016-UBS9, Class C, 4.749% 20493,7 | 208 | 189 | |
SLG Office Trust, Series 2021-OVA, Class A, 2.585% 20412,7 | 4,065 | 3,267 | |
SREIT Trust, Series 2021-FLWR, Class A, (1-month USD-LIBOR + 0.577%) 3.394% 20362,3,7 | 9,351 | 8,921 | |
SREIT Trust, Series 2021-FLWR, Class B, (1-month USD-LIBOR + 0.926%) 3.744% 20362,3,7 | 1,000 | 949 | |
SREIT Trust, Series 2021-MFP, Class A, (1-month USD-LIBOR + 0.731%) 3.549% 20382,3,7 | 8,739 | 8,352 | |
SREIT Trust, Series 2021-MFP, Class B, (1-month USD-LIBOR + 1.079%) 3.898% 20382,3,7 | 263 | 250 | |
SREIT Trust, Series 2021-MFP, Class C, (1-month USD-LIBOR + 1.329%) 4.147% 20382,3,7 | 141 | 134 | |
Wells Fargo Commercial Mortgage Trust, Series 2015-SG1, Class A-4, 3.789% 20487 | 2,373 | 2,250 | |
Wells Fargo Commercial Mortgage Trust, Series 2015-C28, Class C, 4.219% 20483,7 | 220 | 202 | |
Wells Fargo Commercial Mortgage Trust, Series 2016-C37, Class A5, 3.794% 20497 | 2,550 | 2,403 | |
Wells Fargo Commercial Mortgage Trust, Series 2019-C54, Class A4, 3.146% 20527 | 1,019 | 884 | |
Wells Fargo Commercial Mortgage Trust, Series 2016-NXS5, Class AS, 3.988% 20597 | 250 | 232 | |
Wells Fargo Commercial Mortgage Trust, Series 2017-RC1, Class A4, 3.631% 20607 | 205 | 190 | |
164,511 | |||
Collateralized mortgage-backed obligations (privately originated) 1.22% | |||
Arroyo Mortgage Trust, Series 2021-1R, Class A1, 1.175% 20482,3,7 | 3,012 | 2,591 | |
Arroyo Mortgage Trust, Series 2020-1, Class A1A, 1.662% 20552,7 | 136 | 129 | |
Arroyo Mortgage Trust, Series 2022-1, Class A1A, 2.495% 2056 (3.495% on 2/25/2026)1,2,7 | 6,176 | 5,666 | |
Bellemeade Re, Ltd., Series 2019-3A, Class M1B, (1-month USD-LIBOR + 1.60%) 4.684% 20292,3,7 | 789 | 788 | |
BRAVO Residential Funding Trust, Series 2020-RPL2, Class A1, 2.00% 20592,3,7 | 959 | 874 | |
BRAVO Residential Funding Trust, Series 2020-RPL1, Class A1, 2.50% 20592,3,7 | 617 | 588 | |
BRAVO Residential Funding Trust, Series 2022-RPL1, Class A1, 2.75% 20612,7 | 4,959 | 4,458 | |
Cascade Funding Mortgage Trust, Series 2020-HB4, Class A, 0.946% 20302,3,7 | 486 | 472 | |
Cascade Funding Mortgage Trust, Series 2021-HB7, Class A, 1.151% 20312,3,7 | 3,203 | 3,024 | |
Cascade Funding Mortgage Trust, Series 2021-HB6, Class A, 0.898% 20362,3,7 | 1,817 | 1,733 | |
CIM Trust, Series 2022-R2, Class A1, 3.75% 20612,3,7 | 7,143 | 6,769 | |
Citigroup Mortgage Loan Trust, Inc., Series 2020-EXP1, Class A1A, 1.804% 20602,3,7 | 221 | 204 | |
COLT Funding, LLC, Series 2021-5, Class A1, 1.726% 20662,3,7 | 1,705 | 1,450 | |
Connecticut Avenue Securities, Series 2022-R04, Class 1M1, (30-day Average USD-SOFR + 2.00%) 4.281% 20422,3,7 | 1,396 | 1,380 | |
Connecticut Avenue Securities, Series 2022-R06, Class 1M1, (30-day Average USD-SOFR + 2.75%) 5.031% 20422,3,7 | 345 | 345 | |
Credit Suisse Mortgage Trust, Series 2020-NET, Class A, 2.257% 20372,7 | 1,578 | 1,430 | |
Credit Suisse Mortgage Trust, Series 2017-RPL3, Class A1, 2.00% 20602,3,7 | 1,652 | 1,442 | |
Finance of America Structured Securities Trust, Series 2019-JR2, Class A1, 2.00% 20692,7 | 2,624 | 2,718 | |
Finance of America Structured Securities Trust, Series 2019-JR1, Class A, 2.00% 20692,7 | 2,070 | 2,211 | |
Flagstar Mortgage Trust, Series 2021-10INV, Class A3, 2.50% 20512,3,7 | 3,255 | 2,601 |
Bonds, notes & other debt instruments (continued) Mortgage-backed obligations (continued) Collateralized mortgage-backed obligations (privately originated) (continued) | Principal amount (000) | Value (000) | |
Flagstar Mortgage Trust, Series 2021-11INV, Class A4, 2.50% 20512,3,7 | USD2,249 | $1,797 | |
Flagstar Mortgage Trust, Series 2021-5INV, Class A2, 2.50% 20512,3,7 | 2,109 | 1,685 | |
Flagstar Mortgage Trust, Series 2021-8INV, Class A3, 2.50% 20512,3,7 | 2,077 | 1,660 | |
Flagstar Mortgage Trust, Series 2021-6INV, Class A4, 2.50% 20512,3,7 | 1,971 | 1,575 | |
Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2015-DNA3, Class M3, (1-month USD-LIBOR + 4.70%) 7.784% 20283,7 | 1,598 | 1,640 | |
Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2021-DNA5, Class M2, (30-day Average USD-SOFR + 1.65%) 3.931% 20342,3,7 | 215 | 210 | |
Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2022-DNA3, Class M1A, (30-day Average USD-SOFR + 2.00%) 4.281% 20422,3,7 | 2,250 | 2,228 | |
Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2022-DNA6, Class M1A, (30-day Average USD-SOFR + 2.15%) 4.435% 20422,3,7 | 656 | 653 | |
Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2022-DNA4, Class M1A, (30-day Average USD-SOFR + 2.20%) 4.481% 20422,3,7 | 347 | 344 | |
Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2022-DNA5, Class M1A, (30-day Average USD-SOFR + 2.95%) 5.231% 20422,3,7 | 293 | 293 | |
Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2022-DNA6, Class M1B, (30-day Average USD-SOFR + 3.70%) 5.985% 20422,3,7 | 1,519 | 1,477 | |
Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2020-DNA2, Class M2, (1-month USD-LIBOR + 1.85%) 4.934% 20502,3,7 | 3,220 | 3,172 | |
GCAT, Series 2021-NQM6, Class A1, 1.855% 20662,3,7 | 3,575 | 3,098 | |
Home Partners of America Trust, Series 2021-2, Class A, 1.901% 20262,7 | 5,397 | 4,690 | |
Hundred Acre Wood Trust, Series 2021-INV1, Class A3, 2.50% 20512,3,7 | 894 | 714 | |
Legacy Mortgage Asset Trust, Series 2021-GS2, Class A1, 1.75% 20612,3,7 | 878 | 819 | |
Legacy Mortgage Asset Trust, Series 2022-GS1, Class A1, 4.00% 2061 (7.00% on 4/25/2025)1,2,7 | 3,603 | 3,427 | |
Legacy Mortgage Asset Trust, Series 2021-GS5, Class A1, 2.25% 2067 (5.25% on 11/25/2024)1,2,7 | 2,733 | 2,517 | |
Mello Warehouse Securitization Trust, Series 2021-3, Class A, (1-month USD-LIBOR + 0.85%) 3.934% 20552,3,7 | 16,160 | 15,571 | |
MFRA Trust, Series 2021-RPL1, Class A1, 1.131% 20602,3,7 | 3,205 | 2,863 | |
MRA Issuance Trust, Series 2020-10, Class A3, (1-month USD-LIBOR + 1.30%) 3.864% 20222,3,7 | 8,555 | 8,183 | |
PRKCM Trust, Series 2021-AFC2, Class A1, 2.071% 20562,3,7 | 3,651 | 3,031 | |
Progress Residential Trust, Series 2022-SFR3, Class A, 3.20% 20392,7 | 1,132 | 1,028 | |
Reverse Mortgage Investment Trust, Series 2021-HB1, Class A, 1.259% 20312,3,7 | 3,797 | 3,630 | |
Towd Point Mortgage Trust, Series 2020-4, Class A1, 1.75% 20602,7 | 11,149 | 9,985 | |
Treehouse Park Improvement Association No.1 - Anleihen 9.75% 20332,10 | 1,680 | 1,490 | |
Tricon Residential Trust, Series 2021-SFR1, Class A, 1.943% 20382,7 | 5,033 | 4,425 | |
123,078 | |||
Total mortgage-backed obligations | 2,798,281 | ||
Asset-backed obligations 4.82% | |||
Aesop Funding, LLC, Series 2019-2A, Class A, 3.35% 20252,7 | 2,210 | 2,125 | |
Aesop Funding, LLC, Series 2018-2A, Class A, 4.00% 20252,7 | 2,755 | 2,709 | |
Aesop Funding, LLC, Series 2020-1A, Class A, 2.33% 20262,7 | 7,689 | 7,084 | |
Aesop Funding, LLC, Series 2021-1A, Class A, 1.38% 20272,7 | 3,445 | 2,972 | |
Aesop Funding, LLC, Series 2021-1A, Class B, 1.63% 20272,7 | 531 | 453 | |
Aesop Funding, LLC, Series 2020-2, Class A, 2.02% 20272,7 | 2,427 | 2,167 | |
Aesop Funding, LLC, Series 2021-1A, Class C, 2.13% 20272,7 | 193 | 162 | |
Aesop Funding, LLC, Series 2020-2A, Class B, 2.96% 20272,7 | 623 | 560 | |
Aesop Funding, LLC, Series 2020-2A, Class C, 4.25% 20272,7 | 1,279 | 1,157 | |
Affirm Asset Securitization Trust, Series 2021-B, Class A, 1.03% 20262,7 | 701 | 662 | |
Affirm Asset Securitization Trust, Series 2021-Z2, Class A, 1.17% 20262,7 | 821 | 791 | |
Affirm Asset Securitization Trust, Series 2022-X1, Class A, 1.75% 20272,7 | 1,070 | 1,043 | |
AGL CLO, Ltd., Series 2022-18A, Class A1, (3-month USD CME Term SOFR + 1.32%) 2.438% 20312,3,7 | 8,585 | 8,465 | |
American Credit Acceptance Receivables Trust, Series 2020-3, Class C, 1.85% 20262,7 | 1,709 | 1,696 |
Bonds, notes & other debt instruments (continued) Asset-backed obligations (continued) | Principal amount (000) | Value (000) | |
American Credit Acceptance Receivables Trust, Series 2020-3, Class D, 2.40% 20262,7 | USD2,500 | $2,439 | |
American Credit Acceptance Receivables Trust, Series 2022-3, Class B, 4.55% 20262,7 | 360 | 355 | |
American Credit Acceptance Receivables Trust, Series 2021-1, Class C, 0.83% 20272,7 | 1,424 | 1,403 | |
American Credit Acceptance Receivables Trust, Series 2021-1, Class D, 1.14% 20272,7 | 806 | 770 | |
American Homes 4 Rent, Series 2014-SFR2, Class A, 3.786% 20362,7 | 1,141 | 1,103 | |
American Homes 4 Rent, Series 2015-SFR2, Class A, 3.732% 20522,7 | 2,795 | 2,662 | |
American Homes 4 Rent, Series 2015-SFR2, Class B, 4.295% 20522,7 | 396 | 382 | |
AmeriCredit Automobile Receivables Trust, Series 2021-2, Class B, 0.69% 20277 | 997 | 937 | |
AmeriCredit Automobile Receivables Trust, Series 2021-2, Class C, 1.01% 20277 | 1,109 | 1,012 | |
AmeriCredit Automobile Receivables Trust, Series 2021-2, Class D, 1.29% 20277 | 2,613 | 2,356 | |
Ballyrock CLO, Ltd., Series 2019-2A, Class A1AR, (3-month USD-LIBOR + 1.00%) 3.984% 20302,3,7 | 575 | 564 | |
Bankers Healthcare Group Securitization Trust, Series 2021-B, Class A, 0.90% 20342,7 | 204 | 193 | |
Bankers Healthcare Group Securitization Trust, Series 2021-B, Class B, 1.67% 20342,7 | 269 | 235 | |
Blackbird Capital II Aircraft Lease, Ltd. / Blackbird Capital II Aircraft Lease US, LLC, Series 2021-1, Class A, 2.443% 20462,7 | 4,082 | 3,303 | |
Blackbird Capital II Aircraft Lease, Ltd. / Blackbird Capital II Aircraft Lease US, LLC, Series 2021-1, Class B, 3.446% 20462,7 | 497 | 374 | |
CarMaxAuto Owner Trust, Series 2019-2, Class C, 3.16% 20257 | 400 | 396 | |
CarMaxAuto Owner Trust, Series 2021-1, Class C, 0.94% 20267 | 210 | 187 | |
CarMaxAuto Owner Trust, Series 2021-1, Class D, 1.28% 20277 | 206 | 182 | |
Carvana Auto Receivables Trust, Series 2021-N4, Class C, 1.72% 20287 | 538 | 515 | |
Carvana Auto Receivables Trust, Series 2021-N4, Class A2, 1.80% 20287 | 884 | 804 | |
Castlelake Aircraft Securitization Trust, Series 2021-1, Class A, 2.868% 20372,7 | 16,166 | 13,703 | |
Castlelake Aircraft Securitization Trust, Series 2021-1, Class C, 3.464% 20372,7 | 6,264 | 5,367 | |
Castlelake Aircraft Securitization Trust, Series 2021-1, Class C, 6.171% 20372,7 | 678 | 554 | |
Castlelake Aircraft Securitization Trust, Series 2017-1R, Class A, 2.741% 20412,7 | 852 | 758 | |
CF Hippolyta, LLC, Series 2020-1, Class A1, 1.69% 20602,7 | 18,930 | 16,836 | |
CF Hippolyta, LLC, Series 2020-1, Class A2, 1.99% 20602,7 | 1,979 | 1,652 | |
CF Hippolyta, LLC, Series 2020-1, Class B1, 2.28% 20602,7 | 3,441 | 3,015 | |
CF Hippolyta, LLC, Series 2020-1, Class B2, 2.60% 20602,7 | 373 | 303 | |
CF Hippolyta, LLC, Series 2021-1, Class A1, 1.53% 20612,7 | 6,134 | 5,286 | |
CF Hippolyta, LLC, Series 2021-1, Class B1, 1.98% 20612,7 | 1,943 | 1,637 | |
CF Hippolyta, LLC, Series 2022-1, Class A1, 5.97% 20622,7 | 15,335 | 14,762 | |
CF Hippolyta, LLC, Series 2022-1, Class A2, 6.11% 20622,7 | 6,726 | 6,523 | |
CLI Funding VI, LLC, Series 2020-2A, Class A, 2.03% 20452,7 | 2,374 | 2,059 | |
CLI Funding VI, LLC, Series 2020-3A, Class A, 2.07% 20452,7 | 4,983 | 4,342 | |
CLI Funding VIII, LLC, Series 2021-1A, Class A, 2.38% 20462,7 | 450 | 381 | |
CPS Auto Receivables Trust, Series 2019-C, Class D, 3.17% 20252,7 | 642 | 640 | |
CPS Auto Receivables Trust, Series 2019-B, Class D, 3.69% 20252,7 | 875 | 874 | |
CPS Auto Receivables Trust, Series 2021-A, Class C, 0.83% 20262,7 | 694 | 682 | |
CPS Auto Receivables Trust, Series 2021-A, Class D, 1.16% 20262,7 | 590 | 559 | |
CPS Auto Receivables Trust, Series 2022-B, Class A, 2.88% 20262,7 | 2,277 | 2,238 | |
CPS Auto Receivables Trust, Series 2022-B, Class B, 3.88% 20282,7 | 2,111 | 2,029 | |
CPS Auto Receivables Trust, Series 2022-B, Class C, 4.33% 20282,7 | 2,797 | 2,657 | |
Credit Acceptance Auto Loan Trust, Series 2020-1A, Class A, 2.01% 20292,7 | 1,194 | 1,192 | |
Drive Auto Receivables Trust, Series 2021-1, Class B, 0.65% 20257 | 1,193 | 1,189 | |
Drive Auto Receivables Trust, Series 2019-3, Class C, 2.90% 20257 | 667 | 666 | |
Drive Auto Receivables Trust, Series 2019-3, Class D, 3.18% 20267 | 4,020 | 3,972 | |
Drive Auto Receivables Trust, Series 2021-1, Class C, 1.02% 20277 | 5,369 | 5,200 | |
Drive Auto Receivables Trust, Series 2021-1, Class D, 1.45% 20297 | 4,053 | 3,771 | |
Drivetime Auto Owner Trust, Series 2019-3, Class D, 2.96% 20252,7 | 1,806 | 1,781 | |
Drivetime Auto Owner Trust, Series 2019-2A, Class D, 3.48% 20252,7 | 3,254 | 3,239 | |
Drivetime Auto Owner Trust, Series 2021-1A, Class C, 0.84% 20262,7 | 825 | 791 | |
Drivetime Auto Owner Trust, Series 2021-1A, Class D, 1.16% 20262,7 | 449 | 415 | |
Drivetime Auto Owner Trust, Series 2020-3A, Class C, 1.47% 20262,7 | 817 | 794 |
Bonds, notes & other debt instruments (continued) Asset-backed obligations (continued) | Principal amount (000) | Value (000) | |
Drivetime Auto Owner Trust, Series 2021-2A, Class B, 0.81% 20272,7 | USD1,179 | $1,150 | |
Drivetime Auto Owner Trust, Series 2021-2A, Class C, 1.10% 20272,7 | 1,231 | 1,174 | |
Drivetime Auto Owner Trust, Series 2021-2A, Class D, 1.50% 20272,7 | 832 | 771 | |
EDvestinU Private Education Loan, LLC, Series 2021-A, Class A, 1.80% 20452,7 | 445 | 381 | |
Enterprise Fleet Financing, LLC, Series 2022-3, Class A3, 4.29% 20292,7 | 897 | 867 | |
Enterprise Fleet Financing, LLC, Series 2022-3, Class A2, 4.38% 20292,7 | 1,380 | 1,362 | |
Exeter Automobile Receivables Trust, Series 2021-2, Class B, 0.57% 20257 | 1,369 | 1,357 | |
Exeter Automobile Receivables Trust, Series 2020-3A, Class C, 1.32% 20257 | 597 | 590 | |
Exeter Automobile Receivables Trust, Series 2020-1A, Class D, 2.73% 20252,7 | 900 | 886 | |
Exeter Automobile Receivables Trust, Series 2022-2A, Class A3, 2.80% 20257 | 1,162 | 1,146 | |
Exeter Automobile Receivables Trust, Series 2019-3A, Class D, 3.11% 20252,7 | 4,216 | 4,171 | |
Exeter Automobile Receivables Trust, Series 2019-2A, Class D, 3.71% 20252,7 | 4,170 | 4,138 | |
Exeter Automobile Receivables Trust, Series 2021-2, Class C, 0.98% 20267 | 1,807 | 1,741 | |
Exeter Automobile Receivables Trust, Series 2020-3A, Class D, 1.73% 20267 | 1,012 | 979 | |
Exeter Automobile Receivables Trust, Series 2022-2A, Class B, 3.65% 20267 | 3,047 | 2,986 | |
Exeter Automobile Receivables Trust, Series 2021-2, Class D, 1.40% 20277 | 2,612 | 2,385 | |
Exeter Automobile Receivables Trust, Series 2022-4A, Class B, 4.57% 20277 | 568 | 558 | |
Exeter Automobile Receivables Trust, Series 2022-2A, Class D, 4.56% 20287 | 1,201 | 1,131 | |
FirstKey Homes Trust, Series 2020-SFR2, Class A, 1.266% 20372,7 | 18,014 | 16,151 | |
FirstKey Homes Trust, Series 2021-SFR3, Class A, 2.135% 20382,7 | 1,389 | 1,218 | |
FirstKey Homes Trust, Series 2022-SFR2, Class A, 4.145% 20392,7 | 1,738 | 1,643 | |
Ford Credit Auto Owner Trust, Series 2018-2, Class A, 3.47% 20302,7 | 17,675 | 17,510 | |
Ford Credit Auto Owner Trust, Series 2018-1, Class A, 3.19% 20312,7 | 30,070 | 28,930 | |
GCI Funding I, LLC, Series 2020-1, Class A, 2.82% 20452,7 | 2,234 | 1,981 | |
GCI Funding I, LLC, Series 2021-1, Class A, 2.38% 20462,7 | 1,483 | 1,268 | |
GCI Funding I, LLC, Series 2021-1, Class B, 3.04% 20462,7 | 165 | 139 | |
Global SC Finance VII SRL, Series 2020-2A, Class A, 2.26% 20402,7 | 2,975 | 2,649 | |
Global SC Finance VII SRL, Series 2021-1A, Class A, 1.86% 20412,7 | 10,114 | 8,698 | |
Global SC Finance VII SRL, Series 2021-2A, Class A, 1.95% 20412,7 | 2,827 | 2,447 | |
Global SC Finance VII SRL, Series 2021-2A, Class B, 2.49% 20412,7 | 221 | 187 | |
GM Financial Automobile Leasing Trust, Series 2020-2, Class C, 2.56% 20247 | 301 | 299 | |
GM Financial Automobile Leasing Trust, Series 2020-2, Class D, 3.21% 20247 | 425 | 422 | |
Hertz Vehicle Financing III, LLC, Series 2021-A, Class B, 3.65% 20232,7,10 | 8,590 | 8,263 | |
Hertz Vehicle Financing III, LLC, Series 2021-1A, Class A, 1.21% 20252,7 | 12,703 | 11,638 | |
Hertz Vehicle Financing III, LLC, Series 2021-1A, Class B, 1.56% 20252,7 | 1,171 | 1,072 | |
Hertz Vehicle Financing III, LLC, Series 2021-1A, Class C, 2.05% 20252,7 | 810 | 730 | |
Hertz Vehicle Financing III, LLC, Series 2021-2A, Class A, 1.68% 20272,7 | 17,770 | 15,230 | |
Hertz Vehicle Financing III, LLC, Series 2021-2A, Class B, 2.12% 20272,7 | 1,264 | 1,082 | |
Hertz Vehicle Financing III, LLC, Series 2021-2A, Class C, 2.52% 20272,7 | 859 | 720 | |
LAD Auto Receivables Trust, Series 2021-1A, Class A, 1.30% 20262,7 | 1,070 | 1,032 | |
LAD Auto Receivables Trust, Series 2021-1A, Class B, 1.94% 20262,7 | 304 | 283 | |
LAD Auto Receivables Trust, Series 2022-1, Class A, 5.21% 20272,7 | 1,368 | 1,351 | |
LAD Auto Receivables Trust, Series 2022-1, Class B, 5.87% 20272,7 | 438 | 423 | |
LAD Auto Receivables Trust, Series 2022-1, Class C, 6.85% 20302,7 | 623 | 600 | |
Madison Park Funding, Ltd., CLO, Series 2015-17A, Class AR2, (3-month USD-LIBOR + 1.00%) 3.732% 20302,3,7 | 900 | 887 | |
Marathon CLO, Ltd., Series 2017-9A, Class A1AR, (3-month USD-LIBOR + 1.15%) 3.662% 20292,3,7 | 586 | 579 | |
Mission Lane Credit Card Master Trust, Series 2021-A, Class A, 1.59% 20262,7 | 1,242 | 1,198 | |
Mission Lane Credit Card Master Trust, Series 2021-A, Class B, 2.24% 20262,7 | 230 | 222 | |
Navient Student Loan Trust, Series 2021-EA, Class A, 0.97% 20692,7 | 2,614 | 2,193 | |
Navient Student Loan Trust, Series 2021-C, Class A, 1.06% 20692,7 | 4,227 | 3,631 | |
Navient Student Loan Trust, Series 2021-G, Class A, 1.58% 20702,7 | 927 | 799 | |
Navigator Aircraft ABS, Ltd., Series 2021-1, Class A, 2.771% 20462,7 | 4,480 | 3,817 | |
Nelnet Student Loan Trust, Series 2021-C, Class AFX, 1.32% 20622,7 | 336 | 300 | |
Nelnet Student Loan Trust, Series 2021-A, Class APT1, 1.36% 20622,7 | 5,685 | 5,013 | |
Nelnet Student Loan Trust, Series 2021-B, Class AFX, 1.42% 20622,7 | 12,994 | 11,602 |
Bonds, notes & other debt instruments (continued) Asset-backed obligations (continued) | Principal amount (000) | Value (000) | |
Nelnet Student Loan Trust, Series 2021-C, Class AFL, (1-month USD-LIBOR + 0.74%) 3.733% 20622,3,7 | USD4,310 | $4,174 | |
New Economy Assets Phase 1 Issuer, LLC, Series 2021-1, Class A1, 1.91% 20612,7 | 50,765 | 43,043 | |
Newark BSL CLO 2, Ltd., Series 2017-1A, Class A1R, (3-month USD-LIBOR + 0.97%) 3.753% 20302,3,7 | 275 | 270 | |
Oportun Funding, LLC, Series 2021-A, Class A, 1.21% 20282,7 | 240 | 223 | |
Palmer Square Loan Funding, CLO, Series 2020-4, Class A1, (3-month USD-LIBOR + 1.00%) 3.997% 20282,3,7 | 1,263 | 1,248 | |
Palmer Square Loan Funding, CLO, Series 2021-1, Class A1, (3-month USD-LIBOR + 0.90%) 3.61% 20292,3,7 | 274 | 271 | |
PFS Financing Corp., Series 2021-B, Class A, 0.775% 20262,7 | 7,884 | 7,252 | |
PFS Financing Corp., Series 2022-D, Class A, 4.27% 20272,7 | 1,721 | 1,669 | |
Prestige Auto Receivables Trust, Series 2019-1A, Class C, 2.70% 20242,7 | 1,249 | 1,245 | |
Prestige Auto Receivables Trust, Series 2019-1A, Class D, 3.01% 20252,7 | 1,355 | 1,342 | |
Prodigy Finance DAC, Series 2021-1A, Class A, (1-month USD-LIBOR + 1.25%) 4.334% 20512,3,7 | 678 | 662 | |
Santander Drive Auto Receivables Trust, Series 2021-2, Class B, 0.59% 20257 | 1,440 | 1,433 | |
Santander Drive Auto Receivables Trust, Series 2019-2, Class D, 3.22% 20257 | 2,201 | 2,189 | |
Santander Drive Auto Receivables Trust, Series 2021-2, Class C, 0.90% 20267 | 2,812 | 2,740 | |
Santander Drive Auto Receivables Trust, Series 2020-3, Class C, 1.12% 20267 | 2,386 | 2,369 | |
Santander Drive Auto Receivables Trust, Series 2020-3, Class D, 1.64% 20267 | 2,211 | 2,141 | |
Santander Drive Auto Receivables Trust, Series 2021-3, Class C, 0.95% 20277 | 1,677 | 1,620 | |
Santander Drive Auto Receivables Trust, Series 2021-3, Class D, 1.33% 20277 | 2,236 | 2,101 | |
Santander Drive Auto Receivables Trust, Series 2021-2, Class D, 1.35% 20277 | 1,802 | 1,699 | |
Santander Drive Auto Receivables Trust, Series 2022-5, Class B, 4.43% 20277 | 917 | 898 | |
Santander Drive Auto Receivables Trust, Series 2022-5, Class C, 4.74% 20287 | 856 | 834 | |
Slam, Ltd., Series 2021-1, Class A, 2.434% 20462,7 | 2,686 | 2,209 | |
Slam, Ltd., Series 2021-1, Class B, 3.422% 20462,7 | 495 | 394 | |
SOLRR Aircraft Aviation Holding, Ltd., Series 2021-1, Class A, 2.636% 20462,7 | 2,435 | 2,016 | |
Sound Point CLO, Ltd., Series 2015-1RA, Class AR, (3-month USD-LIBOR + 1.08%) 3.592% 20302,3,7 | 475 | 468 | |
Sprite, Ltd., Series 2021-1, Class A, 3.75% 20462,7 | 3,314 | 2,805 | |
Stellar Jay Ireland DAC, Series 2021-1, Class A, 3.967% 20412,7 | 453 | 389 | |
Stonepeak Infrastructure Partners, Series 2021-1A, Class AA, 2.301% 20332,7 | 1,279 | 1,137 | |
Stonepeak Infrastructure Partners, Series 2021-1A, Class A, 2.675% 20332,7 | 1,478 | 1,296 | |
SuttonPark Structured Settlements, Series 2021-1, Class A, 1.95% 20752,7 | 2,417 | 2,194 | |
TAL Advantage V, LLC, Series 2020-1A, Class A, 2.05% 20452,7 | 3,073 | 2,696 | |
Textainer Marine Containers, Ltd., Series 2020-2A, Class A, 2.10% 20452,7 | 2,294 | 1,976 | |
Textainer Marine Containers, Ltd., Series 2020-1A, Class A, 2.73% 20452,7 | 1,301 | 1,176 | |
Textainer Marine Containers, Ltd., Series 2021-1A, Class A, 1.68% 20462,7 | 6,335 | 5,370 | |
Textainer Marine Containers, Ltd., Series 2021-2A, Class A, 2.23% 20462,7 | 5,320 | 4,576 | |
Textainer Marine Containers, Ltd., Series 2021-1A, Class B, 2.52% 20462,7 | 354 | 297 | |
TIF Funding II, LLC, Series 2020-1A, Class A, 2.09% 20452,7 | 4,464 | 3,869 | |
TIF Funding II, LLC, Series 2021-1A, Class B, 2.54% 20462,7 | 133 | 110 | |
Toyota Auto Loan Extended Note Trust, Series 2019-1, Class A, 2.56% 20312,7 | 6,000 | 5,785 | |
Triton Container Finance VIII, LLC, Series 2020-1, Class A, 2.11% 20452,7 | 10,691 | 9,222 | |
Triton Container Finance VIII, LLC, Series 2021-1, Class A, 1.86% 20462,7 | 4,307 | 3,623 | |
Triton Container Finance VIII, LLC, Series 2021-1A, Class B, 2.58% 20462,7 | 355 | 296 | |
Westlake Automobile Receivables Trust, Series 2020-3A, Class C, 1.24% 20252,7 | 1,557 | 1,515 | |
Westlake Automobile Receivables Trust, Series 2021-2, Class B, 0.62% 20262,7 | 1,690 | 1,633 | |
Westlake Automobile Receivables Trust, Series 2021-2, Class C, 0.89% 20262,7 | 2,181 | 2,062 | |
Westlake Automobile Receivables Trust, Series 2021-2, Class D, 1.23% 20262,7 | 1,446 | 1,335 | |
Westlake Automobile Receivables Trust, Series 2020-3A, Class D, 1.65% 20262,7 | 3,023 | 2,878 | |
486,815 |
Bonds, notes & other debt instruments (continued) Municipals 1.63% California 0.03% | Principal amount (000) | Value (000) | |
G.O. Bonds, Series 2009, 7.50% 2034 | USD2,100 | $2,504 | |
Golden State Tobacco Securitization Corp., Enhanced Tobacco Settlement Asset-Backed Bonds, Series 2021-B, 2.746% 2034 | 650 | 512 | |
3,016 | |||
Illinois 1.49% | |||
City of Chicago, Board of Education, Unlimited Tax G.O. Bonds (Dedicated Rev.), Series 2010-C, 6.319% 2029 | 65 | 62 | |
City of Chicago, Board of Education, Unlimited Tax G.O. Bonds (Dedicated Rev.), Series 2009-E, 6.138% 2039 | 30,835 | 26,776 | |
City of Chicago, Board of Education, Unlimited Tax G.O. Bonds (Dedicated Rev.), Series 2010-D, 6.519% 2040 | 8,945 | 7,790 | |
City of Chicago, Board of Education, Unlimited Tax G.O. Bonds (Qualified School Construction Bonds), Series 2009-G, 1.75% 2025 | 2,500 | 2,145 | |
G.O. Bonds, Series 2013-B, 4.31% 2023 | 2,125 | 2,118 | |
G.O. Bonds, Pension Funding, Series 2003, 4.95% 2023 | 6,228 | 6,227 | |
G.O. Bonds, Pension Funding, Series 2003, 5.10% 2033 | 107,000 | 102,041 | |
G.O. Bonds, Taxable Build America Bonds, Series 2010-2, 5.95% 2023 | 3,210 | 3,224 | |
150,383 | |||
New York 0.04% | |||
Dormitory Auth., Taxable State Personal Income Tax Rev. Bonds (General Purpose), Series 2021-C, 2.202% 2034 | 6,390 | 4,855 | |
Texas 0.03% | |||
Grand Parkway Transportation Corp., Grand Parkway System Toll Rev. Ref. Bonds, Series 2020-B, 3.236% 2052 | 4,075 | 2,851 | |
Wisconsin 0.04% | |||
Public Fin. Auth., Federal Lease Rev. Bonds (Fort Sam Acquisition Fncg.), Series 2022, 4.95% 2034 | 4,590 | 4,098 | |
Total municipals | 165,203 | ||
Bonds & notes of governments & government agencies outside the U.S. 1.28% | |||
Chile (Republic of) 3.50% 2034 | 600 | 491 | |
Chile (Republic of) 3.10% 2041 | 2,340 | 1,591 | |
Chile (Republic of) 4.34% 2042 | 1,320 | 1,049 | |
Chile (Republic of) 4.00% 2052 | 580 | 424 | |
Colombia (Republic of) 4.125% 2051 | 3,120 | 1,683 | |
Colombia (Republic of), Series B, 5.75% 2027 | COP24,813,800 | 4,068 | |
Dominican Republic 5.95% 20272 | USD8,100 | 7,558 | |
Indonesia (Republic of) 4.65% 2032 | 2,690 | 2,530 | |
Indonesia (Republic of) 3.35% 2071 | 1,660 | 1,025 | |
Indonesia (Republic of), Series 91, 6.375% 2032 | IDR31,265,000 | 1,914 | |
Israel (State of) 1.00% 2030 | ILS11,800 | 2,796 | |
Israel (State of) 3.375% 2050 | USD4,750 | 3,530 | |
Israel (State of) 3.875% 2050 | 4,775 | 3,866 | |
Malaysia (Federation of), Series 0219, 3.885% 2029 | MYR11,040 | 2,313 | |
Panama (Republic of) 3.362% 2031 | USD15,625 | 13,633 | |
Panama (Republic of) 3.87% 2060 | 7,500 | 4,480 | |
Panama (Republic of) 4.50% 2063 | 395 | 262 | |
Paraguay (Republic of) 5.00% 2026 | 1,250 | 1,208 | |
Peru (Republic of) 6.35% 2028 | PEN5,840 | 1,334 | |
Peru (Republic of) 5.94% 2029 | 6,005 | 1,320 | |
Peru (Republic of) 2.783% 2031 | USD2,155 | 1,712 | |
Peru (Republic of) 6.15% 2032 | PEN12,950 | 2,686 | |
Peru (Republic of) 3.60% 2072 | USD7,640 | 4,640 |
Bonds, notes & other debt instruments (continued) Bonds & notes of governments & government agencies outside the U.S. (continued) | Principal amount (000) | Value (000) | |
Philippines (Republic of) 3.229% 2027 | USD475 | $443 | |
Philippines (Republic of) 3.20% 2046 | 4,900 | 3,279 | |
Philippines (Republic of) 4.20% 2047 | 272 | 212 | |
Portuguese Republic 5.125% 2024 | 24,775 | 24,922 | |
PT Indonesia Asahan Aluminium Tbk 5.71% 20232 | 1,020 | 1,020 | |
PT Indonesia Asahan Aluminium Tbk 4.75% 20252 | 1,270 | 1,241 | |
PT Indonesia Asahan Aluminium Tbk 5.45% 20302 | 340 | 305 | |
PT Indonesia Asahan Aluminium Tbk 5.80% 20502 | 1,150 | 869 | |
Qatar (State of) 4.50% 20282 | 5,100 | 5,044 | |
Qatar (State of) 5.103% 20482 | 3,400 | 3,302 | |
Romania 3.75% 2034 | EUR5,625 | 3,824 | |
Saudi Arabia (Kingdom of) 3.628% 20272 | USD5,000 | 4,806 | |
Saudi Arabia (Kingdom of) 3.625% 20282 | 11,435 | 10,834 | |
United Mexican States 4.875% 2033 | 2,175 | 1,916 | |
United Mexican States 3.50% 2034 | 1,030 | 785 | |
United Mexican States 4.40% 2052 | 440 | 305 | |
129,220 | |||
Federal agency bonds & notes 0.11% | |||
Fannie Mae 2.125% 20265 | 11,910 | 11,102 | |
Total bonds, notes & other debt instruments (cost: $11,161,923,000) | 10,029,907 | ||
Short-term securities 22.46% Money market investments 22.46% | Shares | ||
Capital Group Central Cash Fund 2.81%11,12 | 22,697,945 | 2,269,568 | |
Total short-term securities (cost: $2,269,460,000) | 2,269,568 | ||
Total investment securities 121.73% (cost: $13,431,383,000) | 12,299,475 | ||
Other assets less liabilities (21.73)% | (2,195,830) | ||
Net assets 100.00% | $10,103,645 |
Contracts | Type | Number of contracts | Expiration | Notional amount (000) | Value and unrealized (depreciation) appreciation at 9/30/2022 (000) |
30 Day Federal Funds Futures | Short | 44 | November 2022 | USD(17,769) | $(7) |
30 Day Federal Funds Futures | Long | 1,732 | December 2022 | 694,984 | 81 |
3 Month SOFR Futures | Short | 658 | June 2023 | (157,229) | 1,884 |
2 Year U.S. Treasury Note Futures | Short | 2,259 | December 2022 | (463,977) | 5,108 |
5 Year Euro-Bobl Futures | Long | 1 | December 2022 | 117 | (3) |
5 Year U.S. Treasury Note Futures | Long | 12,298 | December 2022 | 1,322,131 | (42,065) |
10 Year Euro-Bund Futures | Short | 52 | December 2022 | (7,058) | 332 |
10 Year Japanese Government Bond Futures | Short | 77 | December 2022 | (78,899) | (89) |
10 Year U.S. Treasury Note Futures | Long | 1,290 | December 2022 | 144,561 | (6,895) |
10 Year Ultra U.S. Treasury Note Futures | Short | 1,571 | December 2022 | (186,139) | 2,304 |
20 Year U.S. Treasury Bond Futures | Long | 1,689 | December 2022 | 213,500 | (16,699) |
30 Year Ultra U.S. Treasury Bond Futures | Long | 565 | December 2022 | 77,405 | (3,795) |
$(59,844) |
Contract amount | Counterparty | Settlement date | Unrealized appreciation at 9/30/2022 (000) | |||
Currency purchased (000) | Currency sold (000) | |||||
USD | 5,127 | COP | 22,893,650 | Standard Chartered Bank | 10/7/2022 | $168 |
USD | 2,924 | PEN | 11,415 | Citibank | 10/7/2022 | 62 |
USD | 585 | EUR | 582 | Citibank | 10/17/2022 | 14 |
USD | 1,182 | EUR | 1,180 | JPMorgan Chase | 10/19/2022 | 24 |
USD | 2,952 | PEN | 11,470 | Goldman Sachs | 10/20/2022 | 80 |
USD | 5,554 | EUR | 5,628 | JPMorgan Chase | 10/26/2022 | 28 |
USD | 3,201 | ILS | 10,725 | UBS AG | 11/3/2022 | 185 |
USD | 2,509 | MYR | 11,150 | JPMorgan Chase | 11/7/2022 | 120 |
USD | 2,050 | IDR | 30,407,000 | JPMorgan Chase | 11/14/2022 | 68 |
$749 |
Receive | Pay | Expiration date | Notional amount (000) | Value at 9/30/2022 (000) | Upfront premium paid (000) | Unrealized appreciation (depreciation) at 9/30/2022 (000) | ||||
Rate | Payment frequency | Rate | Payment frequency | |||||||
SOFR | Annual | 0.471% | Annual | 10/26/2023 | USD87,775 | $3,436 | $— | $3,436 | ||
0.45801% | Annual | SOFR | Annual | 10/26/2023 | 85,775 | (3,369) | — | (3,369) | ||
3.497% | Annual | U.S. EFFR | Annual | 6/16/2024 | 27,000 | (343) | — | (343) | ||
3.52647% | Annual | U.S. EFFR | Annual | 6/16/2024 | 72,532 | (886) | — | (886) | ||
3.5291% | Annual | U.S. EFFR | Annual | 6/16/2024 | 78,378 | (954) | — | (954) | ||
3.4585% | Annual | U.S. EFFR | Annual | 6/17/2024 | 4,154 | (56) | — | (56) | ||
3.4325% | Annual | U.S. EFFR | Annual | 6/17/2024 | 19,800 | (272) | — | (272) | ||
3-month USD-LIBOR | Quarterly | 1.972% | Semi-annual | 4/26/2051 | 23,200 | 6,001 | — | 6,001 | ||
3-month USD-LIBOR | Quarterly | 1.9855% | Semi-annual | 4/26/2051 | 8,580 | 2,198 | — | 2,198 | ||
3-month USD-LIBOR | Quarterly | 1.9778% | Semi-annual | 4/28/2051 | 13,500 | 3,477 | — | 3,477 | ||
$9,232 | $— | $9,232 |
Reference index | Financing rate paid | Payment frequency | Expiration date | Notional amount (000) | Value at 9/30/2022 (000) | Upfront premium (received) paid (000) | Unrealized appreciation (depreciation) at 9/30/2022 (000) | ||
CDX.NA.HY.38 | 5.00% | Quarterly | 6/20/2027 | USD29,051 | $686 | $(251) | $937 | ||
CDX.NA.IG.39 | 1.00% | Quarterly | 12/20/2027 | 41,376 | 146 | (49) | 195 | ||
CDX.NA.HY.39 | 5.00% | Quarterly | 12/20/2027 | 211,250 | 8,855 | 9,586 | (731) | ||
$9,687 | $9,286 | $401 |
Value of affiliate at 1/1/2022 (000) | Additions (000) | Reductions (000) | Net realized loss (000) | Net unrealized depreciation (000) | Value of affiliate at 9/30/2022 (000) | Dividend income (000) | |
Short-term securities 22.46% | |||||||
Money market investments 22.46% | |||||||
Capital Group Central Cash Fund 2.81%11 | $1,311,257 | $3,150,342 | $2,191,803 | $(213) | $(15) | $2,269,568 | $15,685 |
1 | Step bond; coupon rate may change at a later date. |
2 | Acquired in a transaction exempt from registration under Rule 144A of the Securities Act of 1933. May be resold in the U.S. in transactions exempt from registration, normally to qualified institutional buyers. The total value of all such securities was $1,552,907,000, which represented 15.37% of the net assets of the fund. |
3 | Coupon rate may change periodically. Reference rate and spread are as of the most recent information available. Some coupon rates are determined by the issuer or agent based on current market conditions; therefore, the reference rate and spread are not available. |
4 | Payment in kind; the issuer has the option of paying additional securities in lieu of cash. Payment methods and rates are as of the most recent payment when available. |
5 | All or a portion of this security was pledged as collateral. The total value of pledged collateral was $106,686,000, which represented 1.06% of the net assets of the fund. |
6 | Index-linked bond whose principal amount moves with a government price index. |
7 | Principal payments may be made periodically. Therefore, the effective maturity date may be earlier than the stated maturity date. |
8 | Amount less than one thousand. |
9 | Purchased on a TBA basis. |
10 | Value determined using significant unobservable inputs. |
11 | Rate represents the seven-day yield at 9/30/2022. |
12 | Part of the same “group of investment companies“ as the fund as defined under the Investment Company Act of 1940, as amended. |
Key to abbreviations |
Assn. = Association |
Auth. = Authority |
CLO = Collateralized Loan Obligations |
CME = CME Group |
CMO = Collateralized Mortgage Obligations |
COP = Colombian pesos |
DAC = Designated Activity Company |
EFFR = Effective Federal Funds Rate |
EUR = Euros |
Fin. = Finance |
Fncg. = Financing |
G.O. = General Obligation |
ICE = Intercontinental Exchange, Inc. |
IDR = Indonesian rupiah |
ILS = Israeli shekels |
LIBOR = London Interbank Offered Rate |
MYR = Malaysian ringgits |
PEN = Peruvian nuevos soles |
PIK = Payment In Kind |
Ref. = Refunding |
Rev. = Revenue |
SOFR = Secured Overnight Financing Rate |
TBA = To be announced |
USD = U.S. dollars |
Bonds, notes & other debt instruments 91.41% Euros 17.69% | Principal amount (000) | Value (000) | |
AIA Group, Ltd. 0.88% 2033 (5-year EUR Annual Swap + 1.10% on 9/9/2028)1 | EUR2,800 | $2,116 | |
Allianz SE 4.75% perpetual bonds (3-month EUR-EURIBOR + 3.60% on 10/24/2023)1 | 4,200 | 4,060 | |
Altria Group, Inc. 1.00% 2023 | 1,020 | 994 | |
Altria Group, Inc. 1.70% 2025 | 1,600 | 1,473 | |
Altria Group, Inc. 2.20% 2027 | 2,900 | 2,509 | |
American Honda Finance Corp. 1.95% 2024 | 560 | 537 | |
American Tower Corp. 0.45% 2027 | 2,525 | 2,100 | |
American Tower Corp. 0.875% 2029 | 1,470 | 1,126 | |
AT&T, Inc. 1.60% 2028 | 2,350 | 2,051 | |
Austria (Republic of) 0% 2031 | 6,900 | 5,401 | |
Bank of America Corp. 3.648% 2029 (3-month EUR-EURIBOR + 3.67% on 3/31/2028)1,2 | 5,000 | 4,729 | |
CaixaBank, SA 2.25% 2030 (5-year EUR Annual (vs. 6-month EUR-EURIBOR) + 1.68% on 4/17/2025)1 | 2,400 | 2,103 | |
Celanese US Holdings, LLC 4.777% 2026 | 235 | 218 | |
Deutsche Telekom International Finance BV 7.50% 2033 | 200 | 253 | |
Dow Chemical Co. 0.50% 2027 | 1,110 | 919 | |
E.On SE 1.625% 2031 | 810 | 650 | |
Egypt (Arab Republic of) 5.625% 2030 | 300 | 172 | |
Equinor ASA 1.375% 2032 | 2,550 | 2,055 | |
European Investment Bank 0.25% 2032 | 4,900 | 3,769 | |
European Investment Bank 1.50% 2032 | 1,000 | 863 | |
European Union 0% 2026 | 1,600 | 1,426 | |
European Union 0.25% 2026 | 610 | 545 | |
European Union 0% 2031 | 705 | 539 | |
European Union 0% 2035 | 220 | 146 | |
European Union 0.20% 2036 | 1,500 | 1,001 | |
Finland (Republic of) 1.50% 2032 | 3,380 | 2,951 | |
French Republic O.A.T. 0.75% 2028 | 4,500 | 4,059 | |
French Republic O.A.T. 0% 2030 | 19,550 | 15,708 | |
French Republic O.A.T. 0% 2032 | 2,120 | 1,612 | |
French Republic O.A.T. 2.00% 2032 | 4,260 | 3,907 | |
French Republic O.A.T. 0.50% 2040 | 2,080 | 1,338 | |
French Republic O.A.T. 0.75% 2052 | 5,930 | 3,298 | |
Germany (Federal Republic of) 0% 2025 | 2,100 | 1,971 | |
Germany (Federal Republic of) 0% 2026 | 6,060 | 5,509 | |
Germany (Federal Republic of) 0% 2027 | 24,740 | 22,232 | |
Germany (Federal Republic of) 0% 2030 | 17,650 | 14,799 | |
Germany (Federal Republic of) 0% 2030 | 13,340 | 11,309 | |
Germany (Federal Republic of) 0% 2031 | 12,600 | 10,320 | |
Germany (Federal Republic of) 1.00% 2038 | 4,470 | 3,666 | |
Germany (Federal Republic of) 0% 2050 | 1,200 | 661 | |
Goldman Sachs Group, Inc. 3.375% 20252 | 5,000 | 4,877 | |
Goldman Sachs Group, Inc. 1.00% 20332 | 2,705 | 1,842 | |
Greece (Hellenic Republic of) 3.375% 2025 | 5,825 | 5,715 | |
Greece (Hellenic Republic of) 1.75% 2032 | 5,970 | 4,479 | |
Groupe BPCE SA 4.625% 2023 | 1,200 | 1,186 | |
Groupe BPCE SA 1.00% 2025 | 2,900 | 2,660 |
Bonds, notes & other debt instruments (continued) Euros (continued) | Principal amount (000) | Value (000) | |
Highland Holdings SARL 0.318% 2026 | EUR205 | $173 | |
Intesa Sanpaolo SpA 6.625% 2023 | 510 | 511 | |
Israel (State of) 2.875% 2024 | 1,180 | 1,149 | |
Italy (Republic of) 1.85% 2025 | 17,700 | 16,688 | |
Italy (Republic of) 1.35% 2030 | 7 | 6 | |
JPMorgan Chase & Co. 0.389% 2028 (3-month EUR-EURIBOR + 0.65% on 2/24/2027)1,2 | 3,208 | 2,667 | |
KfW 0.125% 2025 | 590 | 545 | |
Lloyds Banking Group PLC 1.75% 2028 (5-year EUR-EURIBOR + 1.30% on 9/7/2023)1 | 2,400 | 2,254 | |
Morgan Stanley 2.103% 2026 (3-month EUR-EURIBOR + 0.904% on 5/8/2025)1 | 580 | 542 | |
Morgan Stanley 2.95% 2032 (3-month EUR-EURIBOR + 1.245% on 5/7/2031)1 | 1,535 | 1,331 | |
Morocco (Kingdom of) 3.50% 2024 | 1,400 | 1,354 | |
Morocco (Kingdom of) 1.50% 2031 | 4,100 | 2,647 | |
Philippines (Republic of) 0.25% 2025 | 875 | 787 | |
Portuguese Republic 0.475% 2030 | 1,610 | 1,303 | |
Quebec (Province of) 0.25% 2031 | 920 | 701 | |
Quebec (Province of) 0.50% 2032 | 1,155 | 882 | |
Romania 2.125% 2028 | 1,440 | 1,100 | |
Romania 1.75% 2030 | 2,560 | 1,632 | |
Romania 3.624% 2030 | 2,720 | 2,014 | |
Romania 2.00% 2032 | 1,605 | 972 | |
Romania 2.00% 2033 | 2,900 | 1,693 | |
Romania 3.75% 2034 | 530 | 360 | |
Russian Federation 2.875% 2025 | 3,000 | 1,153 | |
Russian Federation 2.875% 2025 | 1,500 | 577 | |
Serbia (Republic of) 3.125% 2027 | 9,387 | 7,527 | |
Serbia (Republic of) 1.00% 2028 | 420 | 276 | |
Serbia (Republic of) 1.50% 2029 | 4,153 | 2,706 | |
Spain (Kingdom of) 0% 2027 | 2,325 | 2,035 | |
Spain (Kingdom of) 0.80% 2027 | 8,970 | 8,062 | |
Spain (Kingdom of) 1.45% 2029 | 1,890 | 1,699 | |
Spain (Kingdom of) 1.25% 2030 | 1,295 | 1,110 | |
Spain (Kingdom of) 0.50% 2031 | 4,645 | 3,612 | |
Spain (Kingdom of) 0.70% 2032 | 4,785 | 3,727 | |
Spain (Kingdom of) 1.90% 2052 | 1,010 | 666 | |
State Grid Overseas Investment, Ltd. 1.375% 2025 | 441 | 409 | |
State Grid Overseas Investment, Ltd. 2.125% 2030 | 200 | 166 | |
Stryker Corp. 0.25% 2024 | 480 | 441 | |
Stryker Corp. 0.75% 2029 | 980 | 788 | |
Stryker Corp. 1.00% 2031 | 450 | 335 | |
TOTAL SA 1.75% junior subordinated perpetual bonds (5-year EUR-EURIBOR + 1.765% on 4/4/2024)1 | 2,000 | 1,810 | |
Toyota Motor Credit Corp. 0.125% 2027 | 1,850 | 1,514 | |
Tunisia (Republic of) 6.75% 2023 | 5,209 | 3,908 | |
Tunisia (Republic of) 6.75% 2023 | 1,295 | 972 | |
Ukraine 6.75% 2028 | 3,119 | 599 | |
Ukraine 6.75% 2028 | 1,225 | 235 | |
Ukraine 4.375% 2032 | 2,705 | 510 | |
Volkswagen International Finance NV 4.375% junior subordinated perpetual bonds (9-year EUR Mid-Swap + 3.36% on 3/28/2031)1 | 1,300 | 999 | |
253,001 | |||
Japanese yen 6.37% | |||
Japan, Series 18, 0.10% 20243 | JPY10,526,859 | 7,484 | |
Japan, Series 19, 0.10% 20243 | 458,584 | 3,272 | |
Japan, Series 346, 0.10% 2027 | 777,900 | 5,391 | |
Japan, Series 356, 0.10% 2029 | 1,720,800 | 11,812 |
Bonds, notes & other debt instruments (continued) Japanese yen (continued) | Principal amount (000) | Value (000) | |
Japan, Series 116, 2.20% 2030 | JPY576,100 | $4,558 | |
Japan, Series 26, 0.005% 20313 | 521,271 | 3,825 | |
Japan, Series 365, 0.10% 2031 | 940,450 | 6,414 | |
Japan, Series 362, 0.10% 2031 | 737,200 | 5,018 | |
Japan, Series 363, 0.10% 2031 | 180,000 | 1,224 | |
Japan, Series 145, 1.70% 2033 | 742,700 | 5,841 | |
Japan, Series 152, 1.20% 2035 | 987,100 | 7,367 | |
Japan, Series 21, 2.30% 2035 | 720,000 | 6,057 | |
Japan, Series 179, 0.50% 2041 | 196,950 | 1,248 | |
Japan, Series 37, 0.60% 2050 | 694,500 | 3,981 | |
Japan, Series 73, 0.70% 2051 | 1,268,700 | 7,398 | |
Japan, Series 70, 0.70% 2051 | 689,500 | 4,035 | |
Philippines (Republic of) 0.001% 2024 | 900,000 | 6,151 | |
91,076 | |||
Chinese yuan renminbi 3.28% | |||
China (People’s Republic of), Series INBK, 2.75% 2032 | CNY25,660 | 3,593 | |
China (People’s Republic of), Series 1910, 3.86% 2049 | 103,240 | 16,198 | |
China (People’s Republic of), Series INBK, 3.39% 2050 | 26,230 | 3,809 | |
China (People’s Republic of), Series INBK, 3.81% 2050 | 80,870 | 12,604 | |
China (People’s Republic of), Series INBK, 3.53% 2051 | 50,810 | 7,607 | |
China Development Bank Corp., Series 1814, 4.15% 2025 | 20,900 | 3,098 | |
46,909 | |||
British pounds 3.02% | |||
American Honda Finance Corp. 0.75% 2026 | GBP1,420 | 1,267 | |
Asian Development Bank 1.125% 2025 | 1,240 | 1,249 | |
France Télécom 5.375% 2050 | 300 | 319 | |
KfW 1.125% 2025 | 1,165 | 1,171 | |
Lloyds Banking Group PLC 7.625% 2025 | 655 | 736 | |
Quebec (Province of) 2.25% 2026 | 1,870 | 1,855 | |
United Kingdom 0.125% 2026 | 425 | 412 | |
United Kingdom 4.25% 2027 | 5,910 | 6,550 | |
United Kingdom 4.75% 2030 | 8,230 | 9,601 | |
United Kingdom 0.25% 2031 | 13,820 | 11,013 | |
United Kingdom 4.25% 2032 | 3,010 | 3,406 | |
United Kingdom 0.625% 2035 | 210 | 152 | |
United Kingdom 0.875% 2046 | 4,917 | 2,966 | |
United Kingdom 0.625% 2050 | 1,588 | 817 | |
United Kingdom 1.25% 2051 | 2,423 | 1,511 | |
United Kingdom 1.125% 2073 | 225 | 125 | |
43,150 | |||
Canadian dollars 2.09% | |||
Canada 0.75% 2024 | CAD14,570 | 9,948 | |
Canada 0.25% 2026 | 5,800 | 3,757 | |
Canada 2.25% 2029 | 20,354 | 13,881 | |
Canada 2.75% 2048 | 3,500 | 2,359 | |
29,945 | |||
Mexican pesos 2.07% | |||
Petróleos Mexicanos 7.19% 2024 | MXN42,534 | 1,913 | |
United Mexican States 4.50% 20253 | 16,296 | 803 | |
United Mexican States, Series M, 5.75% 2026 | 44,700 | 1,950 | |
United Mexican States, Series M, 7.50% 2027 | 251,720 | 11,456 |
Bonds, notes & other debt instruments (continued) Mexican pesos (continued) | Principal amount (000) | Value (000) | |
United Mexican States, Series M20, 8.50% 2029 | MXN140,400 | $6,573 | |
United Mexican States, Series M30, 8.50% 2038 | 21,100 | 946 | |
United Mexican States, Series M, 8.00% 2047 | 7,830 | 328 | |
United Mexican States, Series M, 8.00% 2053 | 133,170 | 5,582 | |
29,551 | |||
Danish kroner 1.60% | |||
Nordea Kredit 0.50% 20404 | DKK17,746 | 1,725 | |
Nykredit Realkredit AS, Series 01E, 0.50% 20404 | 92,274 | 8,948 | |
Nykredit Realkredit AS, Series 01E, 0.50% 20434 | 124,474 | 11,936 | |
Realkredit Danmark AS 1.00% 20534 | 2,735 | 246 | |
22,855 | |||
Australian dollars 1.54% | |||
Australia (Commonwealth of), Series 155, 2.50% 2030 | AUD3,328 | 1,943 | |
Australia (Commonwealth of), Series 163, 1.00% 2031 | 21,864 | 10,909 | |
Australia (Commonwealth of), Series 157, 1.50% 2031 | 3,730 | 1,970 | |
Australia (Commonwealth of), Series 166, 3.00% 2033 | 12,355 | 7,250 | |
22,072 | |||
Russian rubles 0.83% | |||
Russian Federation 7.00% 20235 | RUB430,300 | 1,751 | |
Russian Federation 6.90% 20295 | 403,750 | 1,643 | |
Russian Federation 7.65% 20305 | 712,330 | 2,899 | |
Russian Federation 5.90% 20315 | 79,600 | 324 | |
Russian Federation 6.90% 20315 | 212,995 | 867 | |
Russian Federation 8.50% 20315 | 695,165 | 2,829 | |
Russian Federation 7.70% 20335 | 295,840 | 1,130 | |
Russian Federation 7.25% 20345 | 121,920 | 466 | |
11,909 | |||
Colombian pesos 0.73% | |||
Colombia (Republic of), Series B, 5.75% 2027 | COP17,890,000 | 2,933 | |
Colombia (Republic of), Series B, 7.00% 2031 | 31,310,800 | 4,834 | |
Colombia (Republic of), Series B, 7.25% 2050 | 21,884,200 | 2,753 | |
10,520 | |||
Indonesian rupiah 0.58% | |||
Indonesia (Republic of), Series 84, 7.25% 2026 | IDR22,733,000 | 1,523 | |
Indonesia (Republic of), Series 56, 8.375% 2026 | 6,725,000 | 464 | |
Indonesia (Republic of), Series 59, 7.00% 2027 | 51,565,000 | 3,388 | |
Indonesia (Republic of), Series 78, 8.25% 2029 | 12,397,000 | 855 | |
Indonesia (Republic of), Series 82, 7.00% 2030 | 2,930,000 | 189 | |
Indonesia (Republic of), Series 68, 8.375% 2034 | 27,353,000 | 1,909 | |
8,328 | |||
Brazilian reais 0.53% | |||
Brazil (Federative Republic of) 10.00% 2023 | BRL6,780 | 1,244 | |
Brazil (Federative Republic of) 0% 2024 | 8,440 | 1,349 | |
Brazil (Federative Republic of) 6.00% 20243 | 13,310 | 2,444 | |
Brazil (Federative Republic of) 10.00% 2025 | 14,300 | 2,573 | |
7,610 |
Bonds, notes & other debt instruments (continued) Chilean pesos 0.50% | Principal amount (000) | Value (000) | |
Chile (Republic of) 4.00% 2023 | CLP2,300,000 | $2,311 | |
Chile (Republic of) 5.80% 2024 | 1,270,000 | 1,244 | |
Chile (Republic of) 1.50% 20263 | 788,879 | 768 | |
Chile (Republic of) 4.50% 2026 | 50,000 | 47 | |
Chile (Republic of) 5.00% 2028 | 955,000 | 908 | |
Chile (Republic of) 4.70% 2030 | 2,120,000 | 1,916 | |
7,194 | |||
South Korean won 0.47% | |||
South Korea (Republic of), Series 2503, 1.50% 2025 | KRW5,183,670 | 3,399 | |
South Korea (Republic of), Series 2712, 2.375% 2027 | 5,158,930 | 3,298 | |
6,697 | |||
South African rand 0.19% | |||
South Africa (Republic of), Series R-2030, 8.00% 2030 | ZAR30,120 | 1,425 | |
South Africa (Republic of), Series R-2048, 8.75% 2048 | 30,850 | 1,289 | |
2,714 | |||
Malaysian ringgits 0.14% | |||
Malaysia (Federation of), Series 0519, 3.757% 2040 | MYR10,588 | 1,977 | |
Indian rupees 0.08% | |||
India (Republic of) 5.15% 2025 | INR96,010 | 1,118 | |
Romanian leu 0.06% | |||
Romania 4.75% 2025 | RON5,000 | 912 | |
Polish zloty 0.05% | |||
Poland (Republic of), Series 1029, 2.75% 2029 | PLN4,900 | 749 | |
Norwegian kroner 0.04% | |||
Norway (Kingdom of) 2.125% 2032 | NOK6,615 | 550 | |
Ukrainian hryvnia 0.03% | |||
Ukraine 15.97% 2023 | UAH78,370 | 399 | |
U.S. dollars 49.52% | |||
1375209 BC, Ltd. 9.00% 20286 | USD30 | 30 | |
7-Eleven, Inc. 0.95% 20266 | 520 | 449 | |
7-Eleven, Inc. 1.30% 20286 | 2,180 | 1,759 | |
7-Eleven, Inc. 1.80% 20316 | 2,015 | 1,500 | |
AbbVie, Inc. 2.90% 2022 | 1,170 | 1,168 | |
ACE INA Holdings, Inc. 2.875% 2022 | 195 | 195 | |
ACE INA Holdings, Inc. 3.35% 2026 | 195 | 184 | |
ACE INA Holdings, Inc. 4.35% 2045 | 425 | 360 | |
Advisor Group Holdings, LLC 6.25% 20286 | 295 | 256 | |
AerCap Ireland Capital, Ltd. / AerCap Global Aviation Trust 2.45% 2026 | 2,102 | 1,776 | |
Aeropuerto International de Tocume SA 5.125% 20616 | 660 | 473 | |
Aetna, Inc. 2.80% 2023 | 340 | 336 |
Bonds, notes & other debt instruments (continued) U.S. dollars (continued) | Principal amount (000) | Value (000) | |
AG Merger Sub II, Inc. 10.75% 20276 | USD256 | $251 | |
AG TTMT Escrow Issuer, LLC 8.625% 20276 | 53 | 50 | |
Alabama Power Co. 3.00% 2052 | 980 | 643 | |
Albertsons Companies, Inc. 4.625% 20276 | 125 | 112 | |
Albertsons Companies, Inc. 3.50% 20296 | 140 | 113 | |
Alcoa Nederland Holding BV 4.125% 20296 | 75 | 63 | |
Allegheny Technologies, Inc. 4.875% 2029 | 25 | 21 | |
Allegheny Technologies, Inc. 5.125% 2031 | 45 | 37 | |
Allegiant Travel Co. 7.25% 20276 | 25 | 24 | |
Alliant Holdings Intermediate, LLC 6.75% 20276 | 265 | 229 | |
Alliant Holdings Intermediate, LLC / Alliant Holdings 5.875% 20296 | 65 | 53 | |
Allied Universal Holdco, LLC 9.75% 20276 | 135 | 111 | |
Allied Universal Holdco, LLC 6.00% 20296 | 300 | 194 | |
Almonde, Inc., Term Loan, (3-month USD-LIBOR + 7.25%) 10.621% 20257,8 | 570 | 469 | |
Altria Group, Inc. 5.95% 2049 | 131 | 109 | |
Amazon.com, Inc. 1.50% 2030 | 2,040 | 1,612 | |
American Electric Power Company, Inc. 1.00% 2025 | 250 | 219 | |
American Express Co. 3.375% 2024 | 4,202 | 4,100 | |
Amgen, Inc. 2.20% 2027 | 445 | 396 | |
AmWINS Group, Inc. 4.875% 20296 | 30 | 25 | |
Anglo American Capital PLC 3.95% 20506 | 521 | 356 | |
Angola (Republic of) 9.50% 2025 | 3,580 | 3,355 | |
Apple, Inc. 3.35% 2032 | 1,600 | 1,427 | |
Ardagh Group SA 6.50% Cash 20276,9 | 210 | 144 | |
Aretec Escrow Issuer, Inc. 7.50% 20296 | 180 | 151 | |
Argentine Republic 0.50% 2030 (0.75% on 7/9/2023)1 | 1,921 | 388 | |
Argentine Republic 1.50% 2035 (3.625% on 7/9/2023)1 | 3,025 | 551 | |
Ascensus, Inc., Term Loan, (3-month USD-LIBOR + 6.50%) 8.813% 20297,8 | 120 | 108 | |
Ascent Resources - Utica, LLC 8.25% 20286 | 140 | 135 | |
Ascent Resources - Utica, LLC 5.875% 20296 | 55 | 49 | |
AssuredPartners, Inc. 7.00% 20256 | 120 | 111 | |
AssuredPartners, Inc. 5.625% 20296 | 205 | 160 | |
AstraZeneca PLC 3.50% 2023 | 2,700 | 2,679 | |
AT&T, Inc. 3.50% 2053 | 2,070 | 1,383 | |
Atkore, Inc. 4.25% 20316 | 25 | 20 | |
Atlantic Aviation FBO, Inc., Term Loan, (3-month USD-LIBOR + 2.75%) 5.865% 20287,8 | 149 | 143 | |
Avantor Funding, Inc. 4.625% 20286 | 45 | 40 | |
Avantor Funding, Inc. 3.875% 20296 | 90 | 73 | |
Avient Corp. 7.125% 20306 | 10 | 9 | |
B&G Foods, Inc. 5.25% 2025 | 5 | 4 | |
B&G Foods, Inc. 5.25% 2027 | 140 | 114 | |
Banco Santander, SA 5.147% 2025 | 1,200 | 1,165 | |
Bank of America Corp. 1.53% 2025 (USD-SOFR + 0.65% on 12/6/2024)1 | 6,260 | 5,731 | |
Bank of America Corp. 2.456% 2025 (3-month USD-LIBOR + 0.87% on 10/22/2024)1 | 847 | 793 | |
Bank of America Corp. 1.734% 2027 (USD-SOFR + 0.96% on 7/22/2026)1 | 3,745 | 3,217 | |
Bank of America Corp. 2.299% 2032 (USD-SOFR + 1.22% on 7/21/2031)1 | 4,780 | 3,578 | |
Bank of Nova Scotia 2.45% 2032 | 2,100 | 1,601 | |
Barclays Bank PLC 5.304% 2026 (1-year UST Yield Curve Rate T Note Constant Maturity + 2.30% on 8/9/2025)1 | 2,350 | 2,259 | |
Barclays PLC 5.501% 2028 (1-year UST Yield Curve Rate T Note Constant Maturity + 2.65% on 8/5/2027)1 | 1,290 | 1,211 | |
Bath & Body Works, Inc. 6.625% 20306 | 70 | 61 | |
Bath & Body Works, Inc. 6.875% 2035 | 75 | 63 | |
Bausch Health Companies, Inc. 5.75% 20276 | 140 | 96 | |
Bayer AG 3.375% 20246 | 840 | 810 |
Bonds, notes & other debt instruments (continued) U.S. dollars (continued) | Principal amount (000) | Value (000) | |
Bayer US Finance II, LLC 4.25% 20256 | USD203 | $194 | |
Bayerische Motoren Werke AG 3.90% 20256 | 900 | 874 | |
Bayerische Motoren Werke AG 4.15% 20306 | 900 | 831 | |
Beasley Mezzanine Holdings, LLC 8.625% 20266 | 30 | 23 | |
Becton, Dickinson and Company 4.298% 2032 | 320 | 292 | |
Belarus (Republic of) 6.875% 20235 | 4,955 | 1,617 | |
Belarus (Republic of) 7.625% 20275 | 2,100 | 504 | |
Berkshire Hathaway Energy Company 2.85% 2051 | 300 | 185 | |
Blue Racer Midstream, LLC and Blue Racer Finance Corp. 7.625% 20256 | 65 | 62 | |
BMC Software, Inc., Term Loan, (3-month USD-LIBOR + 5.50%) 6.128% 20267,8 | 25 | 23 | |
BNP Paribas 2.159% 2029 (USD-SOFR + 1.218% on 9/15/2028)1,6 | 700 | 548 | |
BNP Paribas 2.871% 2032 (USD-SOFR + 1.387% on 4/19/2031)1,6 | 1,275 | 966 | |
Boeing Company 5.15% 2030 | 2,855 | 2,644 | |
Boeing Company 3.625% 2031 | 1,127 | 937 | |
Bombardier, Inc. 7.50% 20246 | 85 | 85 | |
Bombardier, Inc. 7.875% 20276 | 20 | 18 | |
Bombardier, Inc. 6.00% 20286 | 65 | 54 | |
Bombardier, Inc. 7.45% 20346 | 125 | 117 | |
Booz Allen Hamilton, Inc. 3.875% 20286 | 43 | 37 | |
Booz Allen Hamilton, Inc. 4.00% 20296 | 27 | 23 | |
Boyd Gaming Corp. 4.75% 2027 | 120 | 106 | |
Boyne USA, Inc. 4.75% 20296 | 7 | 6 | |
Brandywine Operating Partnership, LP 3.95% 2023 | 190 | 189 | |
Braskem Netherlands Finance BV 4.50% 20306 | 745 | 603 | |
British American Tobacco PLC 2.789% 2024 | 1,150 | 1,094 | |
British American Tobacco PLC 3.215% 2026 | 955 | 854 | |
British American Tobacco PLC 3.557% 2027 | 1,545 | 1,359 | |
British American Tobacco PLC 3.462% 2029 | 1,150 | 938 | |
British American Tobacco PLC 4.54% 2047 | 61 | 41 | |
British American Tobacco PLC 4.758% 2049 | 833 | 570 | |
Broadcom, Inc. 4.00% 20296 | 250 | 221 | |
Broadcom, Inc. 3.419% 20336 | 698 | 534 | |
Broadcom, Inc. 3.469% 20346 | 48 | 36 | |
Broadcom, Inc. 3.137% 20356 | 185 | 130 | |
Broadcom, Inc. 3.75% 20516 | 926 | 609 | |
BWX Technologies, Inc. 4.125% 20296 | 195 | 169 | |
Caesars Entertainment, Inc. 6.25% 20256 | 35 | 34 | |
Caesars Entertainment, Inc. 4.625% 20296 | 15 | 11 | |
California Resources Corp. 7.125% 20266 | 65 | 61 | |
Callon Petroleum Co. 7.50% 20306 | 30 | 26 | |
Canadian Pacific Railway, Ltd. 2.45% 2031 | 798 | 640 | |
Canadian Pacific Railway, Ltd. 3.10% 2051 | 1,378 | 909 | |
Can-Pack SA / Canpack US, LLC 3.875% 20296 | 90 | 70 | |
Carnival Corp. 6.00% 20296 | 100 | 66 | |
CCO Holdings, LLC and CCO Holdings Capital Corp. 3.75% 2028 | 2,650 | 2,346 | |
CCO Holdings, LLC and CCO Holdings Capital Corp. 4.50% 20306 | 255 | 202 | |
CCO Holdings, LLC and CCO Holdings Capital Corp. 4.75% 20306 | 135 | 110 | |
CCO Holdings, LLC and CCO Holdings Capital Corp. 4.25% 20316 | 155 | 119 | |
CCO Holdings, LLC and CCO Holdings Capital Corp. 4.50% 20336 | 162 | 120 | |
CCO Holdings, LLC and CCO Holdings Capital Corp. 4.25% 20346 | 70 | 50 | |
CDI Escrow Issuer, Inc. 5.75% 20306 | 70 | 61 | |
CDK Global, Inc. 7.25% 20296 | 55 | 52 | |
Centene Corp. 2.45% 2028 | 40 | 33 | |
Centene Corp. 4.625% 2029 | 325 | 293 | |
Centene Corp. 2.50% 2031 | 155 | 117 |
Bonds, notes & other debt instruments (continued) U.S. dollars (continued) | Principal amount (000) | Value (000) | |
Central Garden & Pet Co. 4.125% 2030 | USD74 | $59 | |
Central Garden & Pet Co. 4.125% 20316 | 110 | 87 | |
Charles River Laboratories International, Inc. 4.25% 20286 | 35 | 31 | |
Charles River Laboratories International, Inc. 4.00% 20316 | 70 | 57 | |
Cheniere Energy Partners, LP 4.50% 2029 | 160 | 141 | |
Cheniere Energy Partners, LP 4.00% 2031 | 75 | 63 | |
Cheniere Energy Partners, LP 3.25% 2032 | 56 | 43 | |
Chesapeake Energy Corp. 4.875% 20225 | 915 | 25 | |
Chesapeake Energy Corp. 5.875% 20296 | 45 | 42 | |
Chesapeake Energy Corp. 6.75% 20296 | 30 | 29 | |
Cigna Corp. 2.375% 2031 | 375 | 299 | |
Citigroup, Inc. 0.981% 2025 (USD-SOFR + 0.669% on 5/1/2024)1 | 808 | 749 | |
Citigroup, Inc. 2.014% 2026 (USD-SOFR + 0.694% on 1/25/2025)1 | 421 | 387 | |
Citigroup, Inc. 3.106% 2026 (USD-SOFR + 2.842% on 3/8/2026)1 | 4,500 | 4,221 | |
Clarivate Science Holdings Corp. 3.875% 20286 | 45 | 37 | |
Cleveland-Cliffs, Inc. 4.875% 20316 | 130 | 108 | |
CMS Energy Corp. 3.875% 2024 | 100 | 98 | |
CMS Energy Corp. 3.00% 2026 | 1,200 | 1,109 | |
CNX Resources Corp. 7.25% 20276 | 175 | 171 | |
Coinbase Global, Inc. 3.375% 20286 | 100 | 63 | |
Coinbase Global, Inc. 3.625% 20316 | 85 | 47 | |
Colombia (Republic of) 3.875% 2027 | 350 | 298 | |
Commonwealth Bank of Australia 2.688% 20316 | 4,650 | 3,498 | |
Compass Diversified Holdings 5.25% 20296 | 177 | 139 | |
Compass Diversified Holdings 5.00% 20326 | 65 | 48 | |
Comstock Resources, Inc. 6.75% 20296 | 110 | 102 | |
Comstock Resources, Inc. 5.875% 20306 | 65 | 57 | |
Constellation Oil Services Holding SA 4.00% PIK 20269 | 1,084 | 894 | |
Constellium SE 3.75% 20296 | 125 | 91 | |
Consumers Energy Co. 3.375% 2023 | 345 | 342 | |
Consumers Energy Co. 3.60% 2032 | 1,600 | 1,429 | |
Corebridge Financial, Inc. 3.90% 20326 | 748 | 633 | |
CoreLogic, Inc. 4.50% 20286 | 284 | 194 | |
CoreLogic, Inc., Term Loan, (3-month USD-LIBOR + 6.50%) 9.625% 20297,8 | 65 | 49 | |
Corporate Office Properties, LP 2.75% 2031 | 1,212 | 893 | |
Covanta Holding Corp. 4.875% 20296 | 25 | 20 | |
CQP Holdco, LP / BIP-V Chinook Holdco, LLC 5.50% 20316 | 400 | 339 | |
Crédit Agricole SA 4.375% 20256 | 1,100 | 1,057 | |
Crédit Agricole SA 1.907% 2026 (USD-SOFR + 1.676% on 6/16/2025)1,6 | 2,675 | 2,394 | |
Credit Suisse Group AG 3.091% 2032 (USD-SOFR + 1.73% on 5/14/2031)1,6 | 1,000 | 703 | |
Crestwood Midstream Partners, LP 6.00% 20296 | 85 | 76 | |
Crown Castle International Corp. 2.50% 2031 | 767 | 592 | |
CSX Corp. 3.80% 2050 | 75 | 57 | |
CVR Partners, LP 6.125% 20286 | 100 | 87 | |
Daimler Trucks Finance North America, LLC 3.65% 20276 | 725 | 664 | |
Danske Bank AS 3.875% 20236 | 1,675 | 1,649 | |
Darling Ingredients, Inc. 6.00% 20306 | 185 | 176 | |
DaVita, Inc. 4.625% 20306 | 65 | 50 | |
Deluxe Corp. 8.00% 20296 | 20 | 16 | |
Deutsche Bank AG 2.129% 2026 (USD-SOFR + 1.87% on 11/24/2025)1 | 850 | 723 | |
Deutsche Telekom International Finance BV 9.25% 2032 | 930 | 1,143 | |
Development Bank of Mongolia, LLC 7.25% 2023 | 1,980 | 1,901 | |
Diamond Foreign Asset Co. / Diamond Finance, LLC 9.00% Cash 20276,8,9 | 25 | 23 | |
Diamond Foreign Asset Co. / Diamond Finance, LLC 9.00% Cash 20279 | 22 | 21 | |
Diamond Sports Group, LLC 6.625% 20276 | 310 | 23 |
Bonds, notes & other debt instruments (continued) U.S. dollars (continued) | Principal amount (000) | Value (000) | |
Diebold Nixdorf AG, Term Loan B, (3-month USD-LIBOR + 2.75%) 5.50% 20237,8 | USD106 | $87 | |
Diebold Nixdorf, Inc. 9.375% 20256 | 300 | 229 | |
Digital Currency Group, Inc., Term Loan, (3-month USD-LIBOR + 7.00%) 8.00% 20267,8,10 | 19 | 17 | |
Digital Currency Group, Inc., Term Loan, 8.75% 20267,10 | 26 | 21 | |
DIRECTV Financing, LLC, Term Loan, (3-month USD-LIBOR + 5.00%) 8.115% 20277,8 | 105 | 98 | |
DIRECTV Holdings, LLC and DIRECTV Financing Co., Inc. 5.875% 20276 | 110 | 95 | |
Discovery Communications, Inc. 3.625% 2030 | 468 | 385 | |
DISH DBS Corp. 5.25% 20266 | 15 | 12 | |
Dominican Republic 5.50% 20256 | 1,375 | 1,338 | |
Dominican Republic 8.625% 20276 | 225 | 228 | |
Dominican Republic 5.50% 20296 | 350 | 303 | |
Dominican Republic 6.40% 20496 | 813 | 588 | |
Duke Energy Progress, LLC 2.00% 2031 | 2,360 | 1,828 | |
Dun & Bradstreet Corp. 5.00% 20296 | 42 | 35 | |
Edison International 4.125% 2028 | 2,390 | 2,136 | |
Edison International 5.00% junior subordinated perpetual bonds (5-year UST Yield Curve Rate T Note Constant Maturity + 3.901% on 3/15/2027)1 | 100 | 79 | |
Electricité de France SA 4.875% 20386 | 795 | 656 | |
Empresas Publicas de Medellin ESP 4.25% 20296 | 1,030 | 749 | |
Enbridge, Inc. 4.00% 2023 | 600 | 595 | |
Endo Luxembourg Finance Co. I SARL / Endo U.S., Inc. 6.125% 20296 | 205 | 162 | |
Enel Finance International SA 1.375% 20266 | 1,248 | 1,056 | |
Enel Finance International SA 1.875% 20286 | 1,227 | 955 | |
Energy Transfer Operating, LP 5.00% 2050 | 1,054 | 826 | |
Entegris Escrow Corp. 4.75% 20296 | 45 | 40 | |
Entergy Corp. 0.90% 2025 | 750 | 661 | |
Entergy Louisiana, LLC 4.75% 2052 | 1,275 | 1,113 | |
EQM Midstream Partners, LP 6.50% 20276 | 170 | 157 | |
EQM Midstream Partners, LP 7.50% 20306 | 45 | 43 | |
EQM Midstream Partners, LP 6.50% 2048 | 40 | 31 | |
EQT Corp. 7.25% 20301 | 40 | 41 | |
Equinix, Inc. 1.80% 2027 | 1,145 | 959 | |
Equinix, Inc. 2.15% 2030 | 3,600 | 2,765 | |
Ethiopia (Federal Democratic Republic of) 6.625% 2024 | 5,750 | 2,939 | |
Export-Import Bank of India 3.25% 2030 | 3,489 | 2,921 | |
Fair Isaac Corp. 4.00% 20286 | 120 | 102 | |
Fannie Mae Pool #MA2754 3.00% 20264 | 65 | 63 | |
Fannie Mae Pool #AP7888 3.50% 20424 | 351 | 323 | |
Fannie Mae Pool #AQ0770 3.50% 20424 | 134 | 123 | |
Fannie Mae Pool #AO4151 3.50% 20424 | 111 | 102 | |
Fannie Mae Pool #FS0647 3.00% 20524 | 2,935 | 2,602 | |
Fannie Mae, Series 2012-M17, Class A2, Multi Family, 2.184% 20224 | 136 | 135 | |
Fertitta Entertainment, Inc. 4.625% 20296 | 25 | 21 | |
Fertitta Entertainment, Inc. 6.75% 20306 | 25 | 19 | |
First Quantum Minerals, Ltd. 6.875% 20266 | 325 | 300 | |
First Quantum Minerals, Ltd. 6.875% 20276 | 240 | 217 | |
First Student Bidco, Inc. / First Transit Parent, Inc. 4.00% 20296 | 85 | 69 | |
FirstEnergy Corp., Series B, 4.40% 2027 (4.15% on 1/15/2023)1 | 1,800 | 1,674 | |
FirstEnergy Transmission, LLC 2.866% 20286 | 2,325 | 1,979 | |
Florida Power & Light Company 2.875% 2051 | 1,465 | 971 | |
FMG Resources 4.375% 20316 | 130 | 100 | |
Ford Motor Co. 3.25% 2032 | 20 | 14 | |
Ford Motor Credit Company, LLC 3.81% 2024 | 290 | 281 | |
Ford Motor Credit Company, LLC 2.90% 2028 | 200 | 157 | |
Ford Motor Credit Company, LLC 4.00% 2030 | 125 | 98 |
Bonds, notes & other debt instruments (continued) U.S. dollars (continued) | Principal amount (000) | Value (000) | |
Freddie Mac Pool #ZS8588 3.00% 20304 | USD50 | $47 | |
Fresnillo PLC 4.25% 20506 | 973 | 671 | |
Frontier Communications Corp. 5.875% 20276 | 100 | 90 | |
Frontier Communications Corp. 5.00% 20286 | 65 | 56 | |
Frontier Communications Holdings, LLC 5.875% 2029 | 250 | 199 | |
FS Energy and Power Fund 7.50% 20236 | 150 | 150 | |
FXI Holdings, Inc. 12.25% 20266 | 497 | 394 | |
General Motors Financial Co. 1.05% 2024 | 725 | 680 | |
Genesis Energy, LP 8.00% 2027 | 125 | 110 | |
Georgia (Republic of) 2.75% 20266 | 400 | 342 | |
Goldman Sachs Group, Inc. 1.542% 2027 (USD-SOFR + 0.818% on 9/10/2026)1 | 1,080 | 914 | |
Goldman Sachs Group, Inc. 2.383% 2032 (USD-SOFR + 1.248% on 7/21/2031)1 | 726 | 548 | |
Government National Mortgage Assn. 3.50% 20524,11 | 7,440 | 6,769 | |
GPC Merger Sub, Inc. 7.125% 20286 | 55 | 44 | |
Gray Escrow II, Inc. 5.375% 20316 | 30 | 24 | |
Group 1 Automotive, Inc. 4.00% 20286 | 145 | 117 | |
Groupe BPCE SA 5.15% 20246 | 1,800 | 1,756 | |
Grupo Energia Bogota SA ESP 4.875% 20306 | 660 | 567 | |
Hanesbrands, Inc. 4.875% 20266 | 100 | 90 | |
Harsco Corp. 5.75% 20276 | 200 | 125 | |
Harvest Midstream I, LP 7.50% 20286 | 25 | 23 | |
HCA, Inc. 5.625% 2028 | 120 | 115 | |
Hess Midstream Operations, LP 5.50% 20306 | 25 | 21 | |
Hightower Holding, LLC 6.75% 20296 | 235 | 192 | |
Hilcorp Energy I, LP 6.00% 20316 | 115 | 100 | |
Hilton Worldwide Holdings, Inc. 4.875% 2030 | 25 | 22 | |
Hilton Worldwide Holdings, Inc. 4.00% 20316 | 55 | 45 | |
Honduras (Republic of) 6.25% 2027 | 2,083 | 1,719 | |
Honduras (Republic of) 5.625% 2030 | 958 | 697 | |
Howard Hughes Corp. 5.375% 20286 | 275 | 229 | |
Howard Hughes Corp. 4.125% 20296 | 195 | 151 | |
Howard Hughes Corp. 4.375% 20316 | 120 | 86 | |
Howard Midstream Energy Partners, LLC 6.75% 20276 | 60 | 54 | |
HSBC Holdings PLC 3.033% 2023 (3-month USD-LIBOR + 0.923% on 11/12/2022)1 | 430 | 428 | |
HSBC Holdings PLC 2.633% 2025 (3-month USD-LIBOR + 1.14% on 11/7/2024)1 | 305 | 283 | |
HSBC Holdings PLC 4.292% 2026 (3-month USD-LIBOR + 1.348% on 9/12/2025)1 | 4,172 | 3,938 | |
HSBC Holdings PLC 2.871% 2032 (USD-SOFR + 1.41% on 11/22/2031)1 | 921 | 672 | |
Huarong Finance 2019 Co., Ltd. (3-month USD-LIBOR + 1.125%) 4.105% 20238 | 3,326 | 3,272 | |
Huarong Finance 2019 Co., Ltd. (3-month USD-LIBOR + 1.25%) 4.23% 20258 | 363 | 313 | |
Huarong Finance II Co., Ltd. 5.00% 2025 | 1,007 | 861 | |
Huarong Finance II Co., Ltd. 5.50% 2025 | 880 | 793 | |
HUB International, Ltd. 7.00% 20266 | 205 | 195 | |
Hungary (Republic of) 2.125% 20316 | 2,910 | 1,998 | |
Hungary (Republic of) 3.125% 20516 | 1,255 | 669 | |
Hyundai Capital America 0.875% 20246 | 1,200 | 1,109 | |
Hyundai Capital America 1.50% 20266 | 2,375 | 2,020 | |
Hyundai Capital America 1.65% 20266 | 269 | 227 | |
Hyundai Capital America 2.00% 20286 | 600 | 479 | |
Hyundai Capital Services, Inc. 3.75% 20236 | 2,450 | 2,433 | |
Ingles Markets, Inc. 4.00% 20316 | 140 | 115 | |
Intercontinental Exchange, Inc. 4.00% 2027 | 1,810 | 1,720 | |
Intesa Sanpaolo SpA 5.017% 20246 | 3,270 | 3,051 | |
Iraq (Republic of) 6.752% 20236 | 545 | 531 | |
Iron Mountain Information Management Services, Inc. 5.00% 20326 | 55 | 43 | |
Iron Mountain, Inc. 5.25% 20306 | 155 | 129 |
Bonds, notes & other debt instruments (continued) U.S. dollars (continued) | Principal amount (000) | Value (000) | |
Israel (State of) 3.375% 2050 | USD1,470 | $1,092 | |
Israel (State of) 3.875% 2050 | 795 | 644 | |
Jacobs Entertainment, Inc. 6.75% 20296 | 25 | 21 | |
JPMorgan Chase & Co. 1.045% 2026 (USD-SOFR + 0.80% on 11/19/2025)1 | 6,710 | 5,811 | |
Kantar Group, LLC, Term Loan B2, (3-month USD-LIBOR + 4.50%) 8.174% 20267,8 | 64 | 61 | |
KB Home 6.875% 2027 | 50 | 47 | |
Keb Hana Bank 3.25% 20276 | 1,370 | 1,275 | |
Kennedy-Wilson Holdings, Inc. 4.75% 2029 | 110 | 84 | |
Kennedy-Wilson Holdings, Inc. 4.75% 2030 | 85 | 63 | |
Kinetik Holdings, LP 5.875% 20306 | 50 | 46 | |
Kronos Acquisition Holdings, Inc. 5.00% 20266 | 85 | 75 | |
Kronos Acquisition Holdings, Inc. 7.00% 20276 | 140 | 107 | |
Labl Escrow Issuer, LLC 10.50% 20276 | 45 | 38 | |
Lamb Weston Holdings, Inc. 4.125% 20306 | 110 | 93 | |
Lamb Weston Holdings, Inc. 4.375% 20326 | 60 | 50 | |
Las Vegas Sands Corp. 3.20% 2024 | 25 | 24 | |
LCM Investments Holdings II, LLC 4.875% 20296 | 65 | 50 | |
Ligado Networks, LLC 15.50% PIK 20236,9 | 245 | 114 | |
Lindblad Expeditions, LLC 6.75% 20276 | 5 | 4 | |
Lloyds Banking Group PLC 1.627% 2027 (1-year UST Yield Curve Rate T Note Constant Maturity + 0.85% on 5/11/2026)1 | 7,000 | 5,954 | |
LPL Holdings, Inc. 4.625% 20276 | 210 | 191 | |
LPL Holdings, Inc. 4.00% 20296 | 25 | 21 | |
LSB Industries, Inc. 6.25% 20286 | 85 | 73 | |
LSC Communications, Inc. 8.75% 20235,6,10 | 430 | 4 | |
Magallanes, Inc. 4.279% 20326 | 917 | 756 | |
Magallanes, Inc. 5.05% 20426 | 1,928 | 1,446 | |
Mallinckrodt PLC 10.00% 20256 | 440 | 401 | |
Mastercard, Inc. 2.00% 2031 | 600 | 476 | |
Meituan Dianping 2.125% 2025 | 1,730 | 1,481 | |
Meituan Dianping 3.05% 20306 | 3,095 | 2,049 | |
Mercer International, Inc. 5.125% 2029 | 105 | 84 | |
Methanex Corp. 5.125% 2027 | 55 | 46 | |
Mexico City Airport Trust 5.50% 2047 | 432 | 271 | |
Midas OpCo Holdings, LLC 5.625% 20296 | 145 | 120 | |
Mineral Resources, Ltd. 8.00% 20276 | 75 | 72 | |
Mineral Resources, Ltd. 8.50% 20306 | 25 | 24 | |
MISC Capital Two (Labuan), Ltd. 3.75% 20276 | 3,236 | 2,933 | |
Mohegan Gaming & Entertainment 8.00% 20266 | 135 | 113 | |
Molina Healthcare, Inc. 3.875% 20306 | 75 | 63 | |
MoneyGram International, Inc. 5.375% 20266 | 50 | 49 | |
Morgan Stanley 1.593% 2027 (USD-SOFR + 0.879% on 5/4/2026)1 | 2,164 | 1,872 | |
Morgan Stanley 1.928% 2032 (USD-SOFR + 1.02% on 4/28/2031)1 | 1,396 | 1,021 | |
Mozart Debt Merger Sub, Inc. 5.25% 20296 | 155 | 117 | |
MPLX, LP 5.50% 2049 | 1,086 | 925 | |
MSCI, Inc. 3.625% 20316 | 150 | 121 | |
MSCI, Inc. 3.875% 20316 | 215 | 181 | |
Murphy Oil USA, Inc. 4.75% 2029 | 48 | 43 | |
Nabors Industries, Inc. 7.375% 20276 | 55 | 51 | |
National Financial Partners Corp. 6.875% 20286 | 105 | 82 | |
Nationstar Mortgage Holdings, Inc. 5.125% 20306 | 135 | 98 | |
Navient Corp. 5.00% 2027 | 45 | 37 | |
Navient Corp. 4.875% 2028 | 145 | 111 | |
NCL Corp., Ltd. 5.875% 20276 | 80 | 67 | |
NCR Corp. 5.125% 20296 | 160 | 120 |
Bonds, notes & other debt instruments (continued) U.S. dollars (continued) | Principal amount (000) | Value (000) | |
NCR Corp. 5.25% 20306 | USD15 | $11 | |
Neiman Marcus Group, LLC 7.125% 20266 | 170 | 156 | |
Netflix, Inc. 4.875% 2028 | 45 | 42 | |
Netflix, Inc. 4.875% 20306 | 225 | 206 | |
New Fortress Energy, Inc. 6.75% 20256 | 50 | 47 | |
New Fortress Energy, Inc. 6.50% 20266 | 205 | 190 | |
New York Life Global Funding 1.20% 20306 | 2,725 | 2,037 | |
Newell Rubbermaid, Inc. 4.70% 2026 | 80 | 74 | |
Nexstar Broadcasting, Inc. 4.75% 20286 | 95 | 81 | |
Nexstar Escrow Corp. 5.625% 20276 | 115 | 106 | |
NGL Energy Operating, LLC 7.50% 20266 | 165 | 147 | |
NGL Energy Partners, LP 7.50% 2023 | 200 | 194 | |
Niagara Mohawk Power Corp. 3.508% 20246 | 180 | 173 | |
Nielsen Finance, LLC and Nielsen Finance Co. 5.625% 20286 | 180 | 179 | |
Nielsen Finance, LLC and Nielsen Finance Co. 4.75% 20316 | 50 | 49 | |
Northern Oil and Gas, Inc. 8.125% 20286 | 190 | 179 | |
NorthRiver Midstream Finance, LP 5.625% 20266 | 105 | 98 | |
Nova Chemicals Corp. 5.25% 20276 | 20 | 17 | |
Novelis Corp. 4.75% 20306 | 115 | 95 | |
Novelis Corp. 3.875% 20316 | 20 | 15 | |
NuStar Logistics, LP 5.625% 2027 | 80 | 70 | |
Oasis Midstream Partners, LP / OMP Finance Corp. 8.00% 20296 | 100 | 96 | |
Oasis Petroleum, Inc. 6.375% 20266 | 35 | 33 | |
Occidental Petroleum Corp. 6.375% 2028 | 194 | 194 | |
Occidental Petroleum Corp. 6.625% 2030 | 45 | 46 | |
Occidental Petroleum Corp. 8.875% 2030 | 25 | 28 | |
Occidental Petroleum Corp. 6.125% 2031 | 65 | 64 | |
State of Ohio, Turnpike and Infrastructure Commission, Turnpike Rev. Ref. Bonds (Infrastructure Projects), Series 2020-A, 3.216% 2048 | 1,410 | 1,027 | |
Oleoducto Central SA 4.00% 20276 | 2,535 | 1,960 | |
Oleoducto Central SA 4.00% 2027 | 630 | 487 | |
ONEOK, Inc. 5.20% 2048 | 541 | 432 | |
Open Text Corp. 3.875% 20286 | 25 | 21 | |
Option Care Health, Inc. 4.375% 20296 | 25 | 21 | |
Oracle Corp. 2.65% 2026 | 2,327 | 2,096 | |
Oracle Corp. 3.25% 2027 | 1,880 | 1,678 | |
Oracle Corp. 3.60% 2050 | 980 | 615 | |
Oracle Corp. 3.95% 2051 | 22 | 15 | |
Orange SA 9.00% 20311 | 2,434 | 2,922 | |
Oxford Finance, LLC / Oxford Finance Co-Issuer II, Inc. 6.375% 20276 | 30 | 28 | |
Pacific Gas and Electric Co. 2.10% 2027 | 8,705 | 7,049 | |
Pacific Gas and Electric Co. 4.65% 2028 | 542 | 479 | |
Pacific Gas and Electric Co. 3.30% 2040 | 6,850 | 4,399 | |
Pakistan (Islamic Republic of) 5.625% 2022 | 5,525 | 4,738 | |
Panama (Republic of) 3.75% 20266 | 465 | 443 | |
Panther BF Aggregator 2, LP 6.25% 20266 | 44 | 42 | |
Panther BF Aggregator 2, LP 8.50% 20276 | 85 | 81 | |
Park Intermediate Holdings, LLC 4.875% 20296 | 65 | 53 | |
Party City Holdings, Inc. 8.75% 20266 | 5 | 3 | |
Performance Food Group, Inc. 5.50% 20276 | 11 | 10 | |
Peru (Republic of) 2.392% 2026 | 500 | 454 | |
Petrobras Global Finance Co. 6.75% 2050 | 29 | 24 | |
Petrobras Global Finance Co. 5.50% 2051 | 21 | 15 | |
Petróleos Mexicanos 4.625% 2023 | 714 | 695 | |
Petróleos Mexicanos 6.875% 2025 | 660 | 622 |
Bonds, notes & other debt instruments (continued) U.S. dollars (continued) | Principal amount (000) | Value (000) | |
Petróleos Mexicanos 6.875% 2026 | USD875 | $789 | |
Petróleos Mexicanos 6.49% 2027 | 395 | 332 | |
Petróleos Mexicanos 6.50% 2027 | 1,493 | 1,253 | |
Petróleos Mexicanos 6.84% 2030 | 681 | 509 | |
Petróleos Mexicanos 5.95% 2031 | 2,443 | 1,654 | |
Petróleos Mexicanos 6.70% 2032 | 779 | 548 | |
Petróleos Mexicanos 6.75% 2047 | 346 | 193 | |
Petróleos Mexicanos 7.69% 2050 | 55 | 34 | |
Petróleos Mexicanos 6.95% 2060 | 201 | 112 | |
PG&E Corp. 5.00% 2028 | 15 | 13 | |
PG&E Corp. 5.25% 2030 | 125 | 107 | |
PGT Innovations, Inc. 4.375% 20296 | 5 | 4 | |
Philip Morris International, Inc. 2.10% 2030 | 634 | 482 | |
Pilgrim’s Pride Corp. 5.875% 20276 | 25 | 24 | |
Post Holdings, Inc. 5.625% 20286 | 5 | 5 | |
Post Holdings, Inc. 4.625% 20306 | 444 | 366 | |
Power Financial Corp., Ltd. 3.35% 2031 | 1,870 | 1,473 | |
Procter & Gamble Company 3.00% 2030 | 338 | 303 | |
PT Indonesia Asahan Aluminium Tbk 5.71% 2023 | 960 | 960 | |
PT Indonesia Asahan Aluminium Tbk 5.45% 20306 | 500 | 448 | |
Qatar Petroleum 3.125% 20416 | 2,895 | 2,118 | |
Radiology Partners, Inc. 9.25% 20286 | 190 | 124 | |
Range Resources Corp. 4.75% 20306 | 65 | 57 | |
Raptor Acquisition Corp. 4.875% 20266 | 180 | 155 | |
Real Hero Merger Sub 2, Inc. 6.25% 20296 | 25 | 18 | |
Realogy Corp. 5.75% 20296 | 160 | 116 | |
Realogy Corp. 5.25% 20306 | 130 | 88 | |
RLJ Lodging Trust, LP 4.00% 20296 | 25 | 20 | |
Roller Bearing Company of America, Inc. 4.375% 20296 | 20 | 17 | |
Royal Caribbean Cruises, Ltd. 11.50% 20256 | 57 | 61 | |
Royal Caribbean Cruises, Ltd. 5.375% 20276 | 40 | 29 | |
RP Escrow Issuer, LLC 5.25% 20256 | 95 | 79 | |
Russian Federation 4.25% 20275 | 1,400 | 623 | |
Ryan Specialty Group, LLC 4.375% 20306 | 45 | 38 | |
Sally Holdings, LLC and Sally Capital, Inc. 5.625% 2025 | 33 | 31 | |
Santander Holdings USA, Inc. 3.244% 2026 | 3,750 | 3,360 | |
Scentre Group 3.50% 20256 | 210 | 200 | |
Scentre Group 3.75% 20276 | 110 | 100 | |
Scientific Games Corp. 7.00% 20286 | 20 | 19 | |
Scientific Games Corp. 7.25% 20296 | 75 | 70 | |
Scientific Games Holdings, LP 6.625% 20306 | 46 | 37 | |
SCIH Salt Holdings, Inc. 4.875% 20286 | 115 | 95 | |
Scotts Miracle-Gro Co. 4.50% 2029 | 90 | 65 | |
Scotts Miracle-Gro Co. 4.375% 2032 | 55 | 39 | |
Sealed Air Corp. 5.00% 20296 | 40 | 36 | |
ServiceNow, Inc. 1.40% 2030 | 1,830 | 1,350 | |
Silgan Holdings, Inc. 4.125% 2028 | 80 | 71 | |
Simmons Foods, Inc. 4.625% 20296 | 160 | 131 | |
Singapore Airlines, Ltd. 3.375% 2029 | 3,710 | 3,237 | |
Sirius XM Radio, Inc. 4.00% 20286 | 50 | 43 | |
Sirius XM Radio, Inc. 3.875% 20316 | 90 | 70 | |
SkyMiles IP, Ltd. 4.75% 20286 | 25 | 23 | |
SM Energy Co. 6.50% 2028 | 45 | 43 | |
Sonic Automotive, Inc. 4.625% 20296 | 45 | 35 | |
Sonic Automotive, Inc. 4.875% 20316 | 20 | 15 |
Bonds, notes & other debt instruments (continued) U.S. dollars (continued) | Principal amount (000) | Value (000) | |
Southern California Edison Co. 2.85% 2029 | USD200 | $169 | |
Southwestern Energy Co. 5.95% 20251 | 110 | 108 | |
Southwestern Energy Co. 7.75% 2027 | 20 | 20 | |
Southwestern Energy Co. 8.375% 2028 | 30 | 31 | |
Southwestern Energy Co. 5.375% 2030 | 135 | 122 | |
Southwestern Energy Co. 4.75% 2032 | 25 | 21 | |
Sprint Corp. 7.625% 2026 | 130 | 135 | |
Sri Lanka (Democratic Socialist Republic of) 5.75% 20235 | 2,890 | 753 | |
Stellantis Finance US, Inc. 1.711% 20276 | 1,500 | 1,250 | |
Stellantis Finance US, Inc. 5.625% 20286 | 2,560 | 2,470 | |
Stellantis Finance US, Inc. 2.691% 20316 | 453 | 324 | |
Stericycle, Inc. 3.875% 20296 | 180 | 149 | |
Studio City Finance, Ltd. 6.00% 20256 | 200 | 112 | |
Sunoco, LP 4.50% 2029 | 120 | 100 | |
Sunoco, LP 4.50% 2030 | 35 | 29 | |
Surgery Center Holdings 10.00% 20276 | 175 | 170 | |
SVB Financial Group 4.70% junior subordinated perpetual bonds (5-year UST Yield Curve Rate T Note Constant Maturity + 3.064% on 11/15/2031)1 | 12 | 9 | |
Swiss Re Finance (Luxembourg) SA 5.00% 2049 (5-year UST Yield Curve Rate T Note Constant Maturity + 3.582% on 4/2/2029)1,6 | 800 | 703 | |
Talen Energy Corp. 7.25% 20276 | 205 | 210 | |
Teekay Offshore Partners, LP 8.50% 20235,6,10 | 555 | 139 | |
Tencent Holdings, Ltd. 3.24% 20506 | 3,450 | 2,104 | |
Tenet Healthcare Corp. 4.875% 20266 | 245 | 228 | |
Tenet Healthcare Corp. 6.125% 20286 | 25 | 22 | |
Tenet Healthcare Corp. 6.125% 20306 | 15 | 14 | |
Teva Pharmaceutical Finance Co. BV 6.00% 2024 | 4,600 | 4,472 | |
Teva Pharmaceutical Finance Co. BV 7.125% 2025 | 3,710 | 3,617 | |
State of Texas, Grand Parkway Transportation Corp., Grand Parkway System Toll Rev. Ref. Bonds, Series 2020-B, 3.236% 2052 | 1,780 | 1,246 | |
T-Mobile US, Inc. 2.40% 2029 | 1,079 | 882 | |
Toronto-Dominion Bank 1.25% 2026 | 2,836 | 2,431 | |
Toyota Motor Credit Corp. 3.375% 2030 | 453 | 405 | |
TransDigm, Inc. 6.25% 20266 | 65 | 63 | |
TransDigm, Inc. 5.50% 2027 | 35 | 31 | |
Transocean Guardian, Ltd. 5.875% 20246 | 26 | 25 | |
Transocean Poseidon, Ltd. 6.875% 20276 | 66 | 60 | |
Treehouse Park Improvement Association No.1 - Anleihen 9.75% 20336,10 | 100 | 89 | |
Triumph Group, Inc. 6.25% 20246 | 35 | 32 | |
Turkey (Republic of) 6.35% 2024 | 2,220 | 2,135 | |
Twitter, Inc. 5.00% 20306 | 8 | 8 | |
U.S. Treasury 0.125% 2022 | 12,340 | 12,302 | |
U.S. Treasury 0.125% 2023 | 12,320 | 12,171 | |
U.S. Treasury 2.625% 2023 | 6,900 | 6,866 | |
U.S. Treasury 1.875% 2024 | 4,515 | 4,317 | |
U.S. Treasury 3.25% 2024 | 1,065 | 1,046 | |
U.S. Treasury 0.25% 2025 | 30,740 | 27,377 | |
U.S. Treasury 2.875% 2025 | 5,400 | 5,182 | |
U.S. Treasury 3.50% 2025 | 2,435 | 2,384 | |
U.S. Treasury 0.375% 2026 | 28,740 | 25,309 | |
U.S. Treasury 0.50% 2026 | 7,453 | 6,575 | |
U.S. Treasury 0.75% 2026 | 4,361 | 3,825 | |
U.S. Treasury 0.875% 2026 | 11,098 | 9,764 | |
U.S. Treasury 1.125% 2026 | 1,698 | 1,506 | |
U.S. Treasury 2.50% 2027 | 9,560 | 8,927 |
Bonds, notes & other debt instruments (continued) U.S. dollars (continued) | Principal amount (000) | Value (000) | |
U.S. Treasury 3.125% 202712 | USD68,056 | $65,251 | |
U.S. Treasury 1.625% 2029 | 10,760 | 9,279 | |
U.S. Treasury 1.375% 203112 | 44,893 | 36,492 | |
U.S. Treasury 1.875% 2032 | 2,000 | 1,695 | |
U.S. Treasury 2.75% 2032 | 1,005 | 919 | |
U.S. Treasury 1.125% 2040 | 9,170 | 5,741 | |
U.S. Treasury 1.75% 2041 | 6,050 | 4,142 | |
U.S. Treasury 1.875% 204112 | 18,740 | 13,292 | |
U.S. Treasury 2.375% 2042 | 2,872 | 2,202 | |
U.S. Treasury 3.00% 2048 | 5,045 | 4,267 | |
U.S. Treasury 2.00% 2051 | 13,505 | 9,228 | |
U.S. Treasury 2.875% 205212 | 25,501 | 21,394 | |
U.S. Treasury Inflation-Protected Security 0.125% 20513 | 3,221 | 2,025 | |
UBS Group AG 1.008% 2024 (5-year UST Yield Curve Rate T Note Constant Maturity + 0.83% on 7/30/2023)1,6 | 1,950 | 1,882 | |
UBS Group AG 4.49% 2025 (1-year UST Yield Curve Rate T Note Constant Maturity + 1.60% on 8/5/2024)1,6 | 2,265 | 2,211 | |
UKG, Inc., Term Loan, (3-month USD-LIBOR + 5.25%) 7.535% 20277,8 | 75 | 71 | |
Ukraine 7.75% 20245 | 6,210 | 1,782 | |
Ukraine 7.75% 20265 | 1,570 | 332 | |
Ukraine 6.876% 2031 | 1,269 | 238 | |
Uniform Mortgage-Backed Security 2.50% 20524,11 | 12,787 | 10,706 | |
Uniform Mortgage-Backed Security 2.50% 20524,11 | 243 | 204 | |
Uniform Mortgage-Backed Security 3.50% 20524,11 | 6,612 | 5,949 | |
Uniform Mortgage-Backed Security 3.50% 20524,11 | 838 | 755 | |
Uniform Mortgage-Backed Security 4.00% 20524,11 | 7,105 | 6,595 | |
Uniform Mortgage-Backed Security 4.50% 20524,11 | 33,760 | 32,170 | |
Uniform Mortgage-Backed Security 5.00% 20524,11 | 28,360 | 27,633 | |
Uniform Mortgage-Backed Security 5.50% 20524,11 | 9,130 | 9,059 | |
Uniform Mortgage-Backed Security 5.50% 20524,11 | 1,170 | 1,163 | |
Unisys Corp. 6.875% 20276 | 35 | 27 | |
United Airlines Holdings, Inc. 6.50% 20276 | 14 | 14 | |
United Rentals, Inc. 4.875% 2028 | 30 | 28 | |
Univision Communications, Inc. 4.50% 20296 | 150 | 123 | |
Univision Communications, Inc. 7.375% 20306 | 145 | 139 | |
US Foods, Inc. 4.625% 20306 | 35 | 29 | |
Valeant Pharmaceuticals International, Inc. 5.50% 20256 | 75 | 60 | |
Valvoline, Inc. 3.625% 20316 | 85 | 63 | |
Venator Materials Corp. 5.75% 20256 | 140 | 95 | |
Venator Materials Corp. 9.50% 20256 | 185 | 178 | |
Venture Global Calcasieu Pass, LLC 3.875% 20296 | 35 | 30 | |
Venture Global Calcasieu Pass, LLC 4.125% 20316 | 125 | 104 | |
Venture Global Calcasieu Pass, LLC 3.875% 20336 | 65 | 51 | |
Verizon Communications, Inc. 3.15% 2030 | 575 | 490 | |
Verizon Communications, Inc. 2.55% 2031 | 2,100 | 1,679 | |
VICI Properties, LP 4.375% 2025 | 1,563 | 1,490 | |
VICI Properties, LP 4.625% 20296 | 15 | 13 | |
VICI Properties, LP / VICI Note Co., Inc. 4.125% 20306 | 375 | 314 | |
VZ Secured Financing BV 5.00% 20326 | 200 | 150 | |
W. R. Grace Holdings, LLC 5.625% 20296 | 20 | 15 | |
Warner Music Group 3.75% 20296 | 95 | 79 | |
Warrior Met Coal, Inc. 7.875% 20286 | 140 | 136 | |
WASH Multifamily Acquisition, Inc. 5.75% 20266 | 195 | 180 | |
WEA Finance, LLC 3.75% 20246 | 535 | 506 | |
Weatherford International, Ltd. 11.00% 20246 | 10 | 10 |
Bonds, notes & other debt instruments (continued) U.S. dollars (continued) | Principal amount (000) | Value (000) | |
Weatherford International, Ltd. 6.50% 20286 | USD65 | $59 | |
Weatherford International, Ltd. 8.625% 20306 | 65 | 57 | |
Wells Fargo & Company 3.526% 2028 (USD-SOFR + 1.51% on 3/24/2027)1 | 5,788 | 5,248 | |
Wells Fargo & Company 4.611% 2053 (USD-SOFR + 2.13% on 4/25/2052)1 | 997 | 811 | |
WESCO Distribution, Inc. 7.125% 20256 | 180 | 180 | |
WESCO Distribution, Inc. 7.25% 20286 | 245 | 240 | |
Western Global Airlines, LLC 10.375% 20256 | 15 | 13 | |
Western Midstream Operating, LP 3.35% 20251 | 85 | 79 | |
Western Midstream Operating, LP 4.75% 2028 | 65 | 59 | |
Western Midstream Operating, LP 5.50% 20501 | 25 | 20 | |
Westpac Banking Corp. 2.894% 2030 (5-year UST Yield Curve Rate T Note Constant Maturity + 1.35% on 2/4/2025)1 | 1,250 | 1,150 | |
WeWork Companies, LLC 5.00% 20256 | 50 | 29 | |
Wyndham Destinations, Inc. 6.625% 20266 | 65 | 61 | |
Wynn Las Vegas, LLC and Wynn Capital Corp. 4.25% 20236 | 38 | 37 | |
Wynn Resorts Finance, LLC 5.125% 20296 | 45 | 36 | |
Yahoo Holdings, Inc., Term Loan B, (1-month USD-LIBOR + 5.50%) 8.615% 20277,8 | 130 | 122 | |
Ziggo Bond Co. BV 5.125% 20306 | 200 | 143 | |
Ziggo Bond Finance BV 4.875% 20306 | 300 | 237 | |
708,416 | |||
Total bonds, notes & other debt instruments (cost: $1,622,816,000) | 1,307,652 | ||
Preferred securities 0.00% U.S. dollars 0.00% | Shares | ||
ACR III LSC Holdings, LLC, Series B, preferred shares6,10,13 | 48 | 15 | |
Total preferred securities (cost: $49,000) | 15 | ||
Common stocks 0.03% U.S. dollars 0.03% | |||
Diamond Offshore Drilling, Inc.13 | 49,038 | 325 | |
Earthstone Energy, Inc., Class A13 | 246 | 3 | |
Constellation Oil Services Holding SA, Class B-110,13 | 1,214,969 | —14 | |
Bighorn Permian Resources, LLC10,13 | 531 | —14 | |
Total common stocks (cost: $727,000) | 328 | ||
Short-term securities 15.79% Money market investments 15.79% | |||
Capital Group Central Cash Fund 2.81%15,16 | 2,259,546 | 225,932 | |
Total short-term securities (cost: $225,896,000) | 225,932 | ||
Total investment securities 107.23% (cost: $1,849,488,000) | 1,533,927 | ||
Other assets less liabilities (7.23)% | (103,370) | ||
Net assets 100.00% | $1,430,557 |
Contracts | Type | Number of contracts | Expiration | Notional amount (000) | Value and unrealized (depreciation) appreciation at 9/30/2022 (000) |
90 Day Eurodollar Futures | Long | 47 | December 2022 | USD11,199 | $(451) |
2 Year Euro-Schatz Futures | Long | 68 | December 2022 | 7,142 | (64) |
2 Year U.S. Treasury Note Futures | Long | 148 | December 2022 | 30,398 | (495) |
5 Year U.S. Treasury Note Futures | Long | 635 | December 2022 | 68,267 | (1,803) |
10 Year Italy Government Bond Futures | Short | 24 | December 2022 | (2,634) | 113 |
10 Year Euro-Bund Futures | Short | 23 | December 2022 | (3,122) | 1 |
10 Year Japanese Government Bond Futures | Short | 10 | December 2022 | (10,247) | 26 |
10 Year U.S. Treasury Note Futures | Long | 312 | December 2022 | 34,964 | (1,753) |
10 Year Ultra U.S. Treasury Note Futures | Short | 258 | December 2022 | (30,569) | 1,315 |
10 Year UK Gilt Futures | Short | 47 | December 2022 | (5,059) | 642 |
20 Year U.S. Treasury Bond Futures | Long | 172 | December 2022 | 21,742 | (1,719) |
30 Year Euro-Buxl Futures | Long | 57 | December 2022 | 8,192 | (732) |
30 Year Ultra U.S. Treasury Bond Futures | Short | 122 | December 2022 | (16,714) | 1,466 |
$(3,454) |
Contract amount | Counterparty | Settlement date | Unrealized appreciation (depreciation) at 9/30/2022 (000) | |||
Currency purchased (000) | Currency sold (000) | |||||
USD | 1,432 | JPY | 207,040 | Standard Chartered Bank | 10/5/2022 | $1 |
JPY | 10,043,138 | USD | 73,891 | Morgan Stanley | 10/5/2022 | (4,467) |
USD | 4,466 | KRW | 6,218,130 | Standard Chartered Bank | 10/6/2022 | 137 |
USD | 4,539 | IDR | 67,615,193 | Citibank | 10/6/2022 | 117 |
KRW | 10,664,650 | USD | 7,879 | Citibank | 10/6/2022 | (454) |
USD | 3,752 | AUD | 5,590 | Standard Chartered Bank | 10/11/2022 | 176 |
USD | 2,050 | HUF | 818,090 | UBS AG | 10/13/2022 | 162 |
USD | 3,211 | AUD | 4,770 | Bank of America | 10/13/2022 | 160 |
DKK | 17,400 | USD | 2,338 | Goldman Sachs | 10/13/2022 | (42) |
PLN | 7,420 | USD | 1,565 | Bank of New York Mellon | 10/13/2022 | (72) |
SEK | 23,400 | USD | 2,181 | Bank of America | 10/13/2022 | (72) |
PLN | 20,540 | EUR | 4,336 | UBS AG | 10/13/2022 | (118) |
HUF | 1,284,310 | EUR | 3,210 | Standard Chartered Bank | 10/13/2022 | (185) |
USD | 13,515 | DKK | 100,190 | Morgan Stanley | 10/17/2022 | 293 |
NZD | 1,070 | USD | 647 | UBS AG | 10/17/2022 | (48) |
USD | 6,474 | EUR | 6,720 | JPMorgan Chase | 10/17/2022 | (120) |
JPY | 3,715,610 | USD | 25,871 | UBS AG | 10/17/2022 | (157) |
EUR | 6,720 | USD | 6,756 | Citibank | 10/17/2022 | (162) |
CAD | 9,413 | USD | 7,180 | JPMorgan Chase | 10/17/2022 | (366) |
CZK | 47,290 | EUR | 1,920 | Citibank | 10/19/2022 | (4) |
THB | 84,660 | USD | 2,295 | Standard Chartered Bank | 10/19/2022 | (55) |
CNH | 45,140 | USD | 6,396 | UBS AG | 10/19/2022 | (72) |
CNH | 115,757 | USD | 16,519 | UBS AG | 10/19/2022 | (300) |
EUR | 6,719 | PLN | 31,970 | HSBC Bank | 10/24/2022 | 173 |
USD | 2,923 | EUR | 2,990 | Standard Chartered Bank | 10/24/2022 | (13) |
EUR | 30,840 | USD | 30,891 | JPMorgan Chase | 10/24/2022 | (615) |
USD | 16,227 | MXN | 325,183 | Morgan Stanley | 10/26/2022 | 160 |
USD | 4,851 | CAD | 6,540 | JPMorgan Chase | 10/26/2022 | 117 |
Contract amount | Counterparty | Settlement date | Unrealized appreciation (depreciation) at 9/30/2022 (000) | |||
Currency purchased (000) | Currency sold (000) | |||||
USD | 7,250 | GBP | 6,430 | Citibank | 10/26/2022 | $66 |
GBP | 1,190 | USD | 1,277 | JPMorgan Chase | 10/26/2022 | 53 |
USD | 760 | NOK | 7,930 | Bank of New York Mellon | 10/26/2022 | 32 |
USD | 7,754 | MXN | 156,940 | Morgan Stanley | 10/26/2022 | (1) |
USD | 7,754 | MXN | 156,940 | Morgan Stanley | 10/26/2022 | (1) |
EUR | 9,475 | DKK | 70,470 | Goldman Sachs | 10/26/2022 | (3) |
CHF | 800 | USD | 818 | Bank of America | 10/26/2022 | (6) |
USD | 3,764 | GBP | 3,400 | Standard Chartered Bank | 10/26/2022 | (34) |
PLN | 18,110 | EUR | 3,776 | Barclays Bank PLC | 10/26/2022 | (70) |
CNH | 87,990 | USD | 12,428 | JPMorgan Chase | 10/26/2022 | (99) |
USD | 2,247 | COP | 10,038,860 | Morgan Stanley | 10/27/2022 | 82 |
JPY | 732,380 | USD | 5,151 | Standard Chartered Bank | 11/1/2022 | (75) |
JPY | 866,530 | USD | 6,487 | Bank of America | 11/1/2022 | (482) |
EUR | 4,660 | USD | 4,681 | JPMorgan Chase | 11/2/2022 | (103) |
EUR | 4,400 | USD | 4,527 | Citibank | 11/2/2022 | (204) |
JPY | 584,764 | AUD | 6,280 | JPMorgan Chase | 11/10/2022 | 38 |
USD | 5,044 | HUF | 1,807,090 | Bank of America | 1/20/2023 | 985 |
USD | 5,215 | CZK | 124,020 | Morgan Stanley | 1/20/2023 | 311 |
CZK | 124,020 | USD | 5,572 | Goldman Sachs | 1/20/2023 | (669) |
HUF | 1,807,090 | USD | 5,518 | Bank of America | 1/20/2023 | (1,459) |
PLN | 24,520 | USD | 5,913 | BNP Paribas | 2/2/2023 | (1,069) |
$(8,534) |
Receive | Pay | Expiration date | Notional amount (000) | Value at 9/30/2022 (000) | Upfront premium paid (000) | Unrealized (depreciation) appreciation at 9/30/2022 (000) | ||
Rate | Payment frequency | Rate | Payment frequency | |||||
1.2475% | Semi-annual | 3-month NZD-BBR-FRA | Quarterly | 8/20/2023 | NZD4,428 | $(69) | $— | $(69) |
1.234974% | Semi-annual | 3-month NZD-BBR-FRA | Quarterly | 8/20/2023 | 37,736 | (593) | — | (593) |
1.2375% | Semi-annual | 3-month NZD-BBR-FRA | Quarterly | 8/26/2023 | 13,908 | (224) | — | (224) |
1.264% | Semi-annual | 3-month NZD-BBR-FRA | Quarterly | 8/27/2023 | 34,764 | (556) | — | (556) |
1.26% | Semi-annual | 3-month NZD-BBR-FRA | Quarterly | 8/30/2023 | 5,734 | (92) | — | (92) |
1.28% | Semi-annual | 3-month NZD-BBR-FRA | Quarterly | 8/31/2023 | 5,734 | (92) | — | (92) |
Receive | Pay | Expiration date | Notional amount (000) | Value at 9/30/2022 (000) | Upfront premium paid (000) | Unrealized (depreciation) appreciation at 9/30/2022 (000) | ||
Rate | Payment frequency | Rate | Payment frequency | |||||
1.30% | Semi-annual | 3-month NZD-BBR-FRA | Quarterly | 9/3/2023 | NZD6,295 | $(102) | $— | $(102) |
1.4975% | Semi-annual | 3-month NZD-BBR-FRA | Quarterly | 9/21/2023 | 11,830 | (193) | — | (193) |
1.445% | Semi-annual | 3-month NZD-BBR-FRA | Quarterly | 9/28/2023 | 11,817 | (202) | — | (202) |
1.4475% | Semi-annual | 3-month NZD-BBR-FRA | Quarterly | 9/29/2023 | 12,043 | (206) | — | (206) |
1.4475% | Semi-annual | 3-month NZD-BBR-FRA | Quarterly | 9/30/2023 | 12,093 | (207) | — | (207) |
1.5125% | Semi-annual | 3-month NZD-BBR-FRA | Quarterly | 10/14/2023 | 10,675 | (187) | — | (187) |
1.53% | Semi-annual | 3-month NZD-BBR-FRA | Quarterly | 10/14/2023 | 12,176 | (212) | — | (212) |
1.5625% | Semi-annual | 3-month NZD-BBR-FRA | Quarterly | 10/15/2023 | 12,163 | (209) | — | (209) |
1.59% | Semi-annual | 3-month NZD-BBR-FRA | Quarterly | 10/18/2023 | 12,163 | (209) | — | (209) |
1.62% | Semi-annual | 3-month NZD-BBR-FRA | Quarterly | 10/19/2023 | 13,521 | (230) | — | (230) |
2.2525% | Semi-annual | 3-month NZD-BBR-FRA | Quarterly | 11/8/2023 | 17,111 | (242) | — | (242) |
2.24% | Semi-annual | 3-month NZD-BBR-FRA | Quarterly | 11/8/2023 | 17,111 | (243) | — | (243) |
2.20% | Semi-annual | 3-month NZD-BBR-FRA | Quarterly | 11/9/2023 | 1,440 | (21) | — | (21) |
2.495% | Annual | SONIA | Annual | 5/5/2024 | GBP7,210 | (252) | — | (252) |
2.42% | Annual | SONIA | Annual | 5/5/2024 | 42,400 | (1,513) | — | (1,513) |
2.363% | Annual | SONIA | Annual | 5/11/2024 | 40,870 | (1,480) | — | (1,480) |
2.628% | Annual | SONIA | Annual | 7/28/2024 | 40,530 | (2,144) | — | (2,144) |
SONIA | Annual | 5.6325% | Annual | 9/25/2024 | 41,140 | 52 | — | 52 |
6.255% | 28-day | 28-day MXN-TIIE | 28-day | 5/22/2026 | MXN47,800 | (232) | — | (232) |
6.19% | 28-day | 28-day MXN-TIIE | 28-day | 5/22/2026 | 48,400 | (239) | — | (239) |
Receive | Pay | Expiration date | Notional amount (000) | Value at 9/30/2022 (000) | Upfront premium paid (000) | Unrealized (depreciation) appreciation at 9/30/2022 (000) | ||||
Rate | Payment frequency | Rate | Payment frequency | |||||||
6.16% | 28-day | 28-day MXN-TIIE | 28-day | 6/9/2026 | MXN58,800 | $(297) | $— | $(297) | ||
6.5375% | 28-day | 28-day MXN-TIIE | 28-day | 6/17/2026 | 14,000 | (63) | — | (63) | ||
6.50% | 28-day | 28-day MXN-TIIE | 28-day | 6/17/2026 | 13,900 | (63) | — | (63) | ||
6.47% | 28-day | 28-day MXN-TIIE | 28-day | 6/17/2026 | 14,200 | (65) | — | (65) | ||
6.55% | 28-day | 28-day MXN-TIIE | 28-day | 6/17/2026 | 43,000 | (191) | — | (191) | ||
6.55% | 28-day | 28-day MXN-TIIE | 28-day | 6/18/2026 | 14,100 | (63) | — | (63) | ||
6.50% | 28-day | 28-day MXN-TIIE | 28-day | 6/18/2026 | 27,800 | (126) | — | (126) | ||
6.64% | 28-day | 28-day MXN-TIIE | 28-day | 6/25/2026 | 62,600 | (270) | — | (270) | ||
6.633% | 28-day | 28-day MXN-TIIE | 28-day | 6/25/2026 | 172,500 | (747) | — | (747) | ||
7.59% | 28-day | 28-day MXN-TIIE | 28-day | 10/29/2026 | 28,900 | (86) | — | (86) | ||
7.62% | 28-day | 28-day MXN-TIIE | 28-day | 10/29/2026 | 43,375 | (127) | — | (127) | ||
7.66% | 28-day | 28-day MXN-TIIE | 28-day | 10/29/2026 | 70,800 | (202) | — | (202) | ||
7.52% | 28-day | 28-day MXN-TIIE | 28-day | 10/30/2026 | 89,445 | (276) | — | (276) | ||
7.805% | 28-day | 28-day MXN-TIIE | 28-day | 2/23/2027 | 41,200 | (112) | — | (112) | ||
7.82% | 28-day | 28-day MXN-TIIE | 28-day | 2/24/2027 | 41,600 | (112) | — | (112) | ||
$(12,697) | $— | $(12,697) |
Reference index | Financing rate paid | Payment frequency | Expiration date | Notional amount (000) | Value at 9/30/2022 (000) | Upfront premium (received) paid (000) | Unrealized appreciation (depreciation) at 9/30/2022 (000) | ||
CDX.NA.HY.38 | 5.00% | Quarterly | 6/20/2027 | USD5,392 | $128 | $(130) | $258 | ||
CDX.EM.38 | 1.00% | Quarterly | 12/20/2027 | 59,160 | 5,892 | 4,963 | 929 | ||
ITRX.EUR.IG.38 | 1.00% | Quarterly | 12/20/2027 | EUR23,820 | 363 | 221 | 142 | ||
CDX.NA.IG.39 | 1.00% | Quarterly | 12/20/2027 | USD18,353 | 65 | (22) | 87 | ||
CDX.NA.HY.39 | 5.00% | Quarterly | 12/20/2027 | 39,275 | 1,646 | 1,782 | (136) | ||
$8,094 | $6,814 | $1,280 |
Value of affiliate at 1/1/2022 (000) | Additions (000) | Reductions (000) | Net realized loss (000) | Net unrealized appreciation (000) | Value of affiliate at 9/30/2022 (000) | Dividend income (000) | |
Short-term securities 15.79% | |||||||
Money market investments 15.79% | |||||||
Capital Group Central Cash Fund 2.81%15 | $144,080 | $765,284 | $683,422 | $(35) | $25 | $225,932 | $1,486 |
Acquisition date | Cost (000) | Value (000) | Percent of net assets | |||
Goldman Sachs Group, Inc. 3.375% 2025 | 5/19/2020 | $5,714 | $4,877 | .34% | ||
Goldman Sachs Group, Inc. 1.00% 2033 | 5/19/2021 | 3,238 | 1,842 | .13 | ||
Bank of America Corp. 3.648% 2029 (3-month EUR-EURIBOR + 3.67% on 3/31/2028)1 | 5/19/2020 | 6,071 | 4,729 | .33 | ||
JPMorgan Chase & Co. 0.389% 2028 (3-month EUR-EURIBOR + 0.65% on 2/24/2027)1 | 5/19/2020 | 3,375 | 2,667 | .19 | ||
Total | $18,398 | $14,115 | .99% |
1 | Step bond; coupon rate may change at a later date. |
2 | Restricted security, other than Rule 144A, subject to legal or contractual restrictions on resale, including securities not registered under the Securities Act of 1933. The total value of all such restricted securities was $14,115,000, which represented .99% of the net assets of the fund. |
3 | Index-linked bond whose principal amount moves with a government price index. |
4 | Principal payments may be made periodically. Therefore, the effective maturity date may be earlier than the stated maturity date. |
5 | Scheduled interest and/or principal payment was not received. |
6 | Acquired in a transaction exempt from registration under Rule 144A of the Securities Act of 1933. May be resold in the U.S. in transactions exempt from registration, normally to qualified institutional buyers. The total value of all such securities was $93,450,000, which represented 6.53% of the net assets of the fund. |
7 | Loan participations and assignments; may be subject to legal or contractual restrictions on resale. The total value of all such loans was $1,269,000, which represented .09% of the net assets of the fund. |
8 | Coupon rate may change periodically. Reference rate and spread are as of the most recent information available. Some coupon rates are determined by the issuer or agent based on current market conditions; therefore, the reference rate and spread are not available. |
9 | Payment in kind; the issuer has the option of paying additional securities in lieu of cash. Payment methods and rates are as of the most recent payment when available. |
10 | Value determined using significant unobservable inputs. |
11 | Purchased on a TBA basis. |
12 | All or a portion of this security was pledged as collateral. The total value of pledged collateral was $22,676,000, which represented 1.59% of the net assets of the fund. |
13 | Security did not produce income during the last 12 months. |
14 | Amount less than one thousand. |
15 | Rate represents the seven-day yield at 9/30/2022. |
16 | Part of the same “group of investment companies“ as the fund as defined under the Investment Company Act of 1940, as amended. |
Bonds, notes & other debt instruments 89.60% Corporate bonds, notes & loans 89.52% Energy 14.46% | Principal amount (000) | Value (000) | |
Aethon United BR, LP / Aethon United Finance Corp. 8.25% 20261 | USD295 | $285 | |
Antero Midstream Partners, LP 5.375% 20291 | 570 | 504 | |
Antero Resources Corp. 7.625% 20291 | 244 | 244 | |
Antero Resources Corp. 5.375% 20301 | 420 | 379 | |
Apache Corp. 6.00% 2037 | 165 | 148 | |
Apache Corp. 5.10% 2040 | 695 | 563 | |
Apache Corp. 4.75% 2043 | 265 | 198 | |
Ascent Resources - Utica, LLC 7.00% 20261 | 2,040 | 1,969 | |
Ascent Resources - Utica, LLC 9.00% 20271 | 170 | 208 | |
Ascent Resources - Utica, LLC 8.25% 20281 | 271 | 261 | |
Ascent Resources - Utica, LLC 5.875% 20291 | 1,245 | 1,110 | |
Ascent Resources - Utica, LLC, Term Loan, (3-month USD-LIBOR + 9.00%) 10.00% 20251,2,3 | 228 | 239 | |
Blue Racer Midstream, LLC and Blue Racer Finance Corp. 7.625% 20251 | 496 | 477 | |
Bonanza Creek Energy, Inc. 5.00% 20261 | 685 | 623 | |
California Resources Corp. 7.125% 20261 | 390 | 367 | |
Callon Petroleum Co. 7.50% 20301 | 515 | 452 | |
Centennial Resource Production, LLC 6.875% 20271 | 440 | 427 | |
Cheniere Energy Partners, LP 4.50% 2029 | 938 | 828 | |
Cheniere Energy Partners, LP 4.00% 2031 | 1,523 | 1,280 | |
Cheniere Energy Partners, LP 3.25% 2032 | 1,335 | 1,028 | |
Cheniere Energy, Inc. 4.625% 2028 | 3,831 | 3,523 | |
Chesapeake Energy Corp. 4.875% 20224 | 4,300 | 118 | |
Chesapeake Energy Corp. 5.50% 20261 | 1,000 | 959 | |
Chesapeake Energy Corp. 5.875% 20291 | 1,170 | 1,087 | |
Chesapeake Energy Corp. 6.75% 20291 | 380 | 365 | |
CNX Midstream Partners, LP 4.75% 20301 | 280 | 220 | |
CNX Resources Corp. 7.25% 20271 | 1,878 | 1,831 | |
CNX Resources Corp. 6.00% 20291 | 1,540 | 1,409 | |
CNX Resources Corp. 7.375% 20311 | 936 | 918 | |
Comstock Resources, Inc. 6.75% 20291 | 785 | 726 | |
Comstock Resources, Inc. 5.875% 20301 | 770 | 672 | |
Constellation Oil Services Holding SA 4.00% PIK 20265 | 3,077 | 2,538 | |
Continental Resources, Inc. 5.75% 20311 | 365 | 331 | |
CQP Holdco, LP / BIP-V Chinook Holdco, LLC 5.50% 20311 | 2,860 | 2,425 | |
Crestwood Midstream Partners, LP 5.75% 2025 | 250 | 238 | |
Crestwood Midstream Partners, LP 5.625% 20271 | 290 | 263 | |
Crestwood Midstream Partners, LP 6.00% 20291 | 575 | 515 | |
Devon Energy Corp. 5.875% 2028 | 202 | 202 | |
Devon Energy Corp. 4.50% 2030 | 493 | 449 | |
Diamond Foreign Asset Co. / Diamond Finance, LLC 9.00% Cash 20271,3,5 | 68 | 63 | |
Diamond Foreign Asset Co. / Diamond Finance, LLC 9.00% Cash 20275 | 62 | 57 | |
DT Midstream, Inc. 4.125% 20291 | 1,355 | 1,148 | |
DT Midstream, Inc. 4.375% 20311 | 785 | 649 | |
Energean Israel Finance, Ltd. 4.50% 20241 | 945 | 891 |
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Energy (continued) | Principal amount (000) | Value (000) | |
Energean Israel Finance, Ltd. 4.875% 20261 | USD1,080 | $958 | |
Energean Israel Finance, Ltd. 5.875% 20311 | 80 | 66 | |
Energean PLC 6.50% 20271 | 380 | 335 | |
EnLink Midstream Partners, LLC 5.625% 20281 | 660 | 618 | |
EQM Midstream Partners, LP 4.125% 2026 | 127 | 108 | |
EQM Midstream Partners, LP 6.50% 20271 | 2,345 | 2,170 | |
EQM Midstream Partners, LP 7.50% 20271 | 845 | 807 | |
EQM Midstream Partners, LP 5.50% 2028 | 881 | 755 | |
EQM Midstream Partners, LP 4.50% 20291 | 835 | 674 | |
EQM Midstream Partners, LP 7.50% 20301 | 828 | 784 | |
EQM Midstream Partners, LP 4.75% 20311 | 1,645 | 1,310 | |
EQM Midstream Partners, LP 6.50% 2048 | 490 | 375 | |
EQT Corp. 6.375% 20256 | 250 | 251 | |
EQT Corp. 5.00% 2029 | 290 | 271 | |
EQT Corp. 7.25% 20306 | 300 | 310 | |
EQT Corp. 3.625% 20311 | 500 | 418 | |
Genesis Energy, LP 5.625% 2024 | 120 | 113 | |
Genesis Energy, LP 6.50% 2025 | 1,886 | 1,707 | |
Genesis Energy, LP 6.25% 2026 | 320 | 278 | |
Genesis Energy, LP 8.00% 2027 | 2,825 | 2,482 | |
Genesis Energy, LP 7.75% 2028 | 87 | 76 | |
Harbour Energy PLC 5.50% 20261 | 1,545 | 1,386 | |
Harvest Midstream I, LP 7.50% 20281 | 1,947 | 1,825 | |
Hess Midstream Operations, LP 4.25% 20301 | 1,300 | 1,053 | |
Hess Midstream Operations, LP 5.50% 20301 | 580 | 499 | |
Hess Midstream Partners, LP 5.125% 20281 | 687 | 602 | |
Hilcorp Energy I, LP 6.25% 20281 | 145 | 134 | |
Hilcorp Energy I, LP 5.75% 20291 | 985 | 863 | |
Hilcorp Energy I, LP 6.00% 20301 | 752 | 657 | |
Hilcorp Energy I, LP 6.00% 20311 | 728 | 633 | |
Hilcorp Energy I, LP 6.25% 20321 | 755 | 670 | |
Holly Energy Partners, LP / Holly Energy Finance Corp. 6.375% 20271 | 220 | 210 | |
Holly Energy Partners, LP / Holly Energy Finance Corp. 5.00% 20281 | 260 | 230 | |
Howard Midstream Energy Partners, LLC 6.75% 20271 | 460 | 411 | |
Independence Energy Finance, LLC 7.25% 20261 | 500 | 450 | |
Kinetik Holdings, LP 5.875% 20301 | 500 | 459 | |
Lealand Finance Co. BV, Term Loan, (3-month USD-LIBOR + 3.00%) 5.524% 20242,3 | 12 | 7 | |
Lealand Finance Co. BV, Term Loan, (3-month USD-LIBOR + 1.00%) 3.00% PIK and 3.52% Cash 20252,3,5 | 155 | 79 | |
Murphy Oil Corp. 5.75% 2025 | 250 | 241 | |
Murphy Oil Corp. 6.375% 2028 | 415 | 393 | |
Murphy Oil USA, Inc. 4.75% 2029 | 820 | 727 | |
Murphy Oil USA, Inc. 3.75% 20311 | 1,065 | 858 | |
Nabors Industries, Inc. 7.375% 20271 | 1,470 | 1,360 | |
Nabors Industries, Ltd. 7.25% 20261 | 228 | 199 | |
Neptune Energy Group Holdings, Ltd. 6.625% 20251 | 1,250 | 1,162 | |
New Fortress Energy, Inc. 6.75% 20251 | 1,625 | 1,542 | |
New Fortress Energy, Inc. 6.50% 20261 | 4,175 | 3,864 | |
NGL Energy Operating, LLC 7.50% 20261 | 8,640 | 7,698 | |
NGL Energy Partners, LP 6.125% 2025 | 2,054 | 1,647 | |
Northern Oil and Gas, Inc. 8.125% 20281 | 1,700 | 1,597 | |
NorthRiver Midstream Finance, LP 5.625% 20261 | 625 | 583 | |
NuStar Logistics, LP 6.00% 2026 | 286 | 262 |
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Energy (continued) | Principal amount (000) | Value (000) | |
Oasis Midstream Partners, LP / OMP Finance Corp. 8.00% 20291 | USD1,675 | $1,616 | |
Oasis Petroleum, Inc. 6.375% 20261 | 1,065 | 1,017 | |
Occidental Petroleum Corp. 5.875% 2025 | 710 | 713 | |
Occidental Petroleum Corp. 8.00% 2025 | 600 | 637 | |
Occidental Petroleum Corp. 6.375% 2028 | 225 | 225 | |
Occidental Petroleum Corp. 6.625% 2030 | 990 | 1,007 | |
Occidental Petroleum Corp. 8.875% 2030 | 650 | 725 | |
Occidental Petroleum Corp. 6.125% 2031 | 640 | 632 | |
Occidental Petroleum Corp. 4.20% 2048 | 165 | 132 | |
Parkland Corp. 4.625% 20301 | 835 | 678 | |
PDC Energy, Inc. 5.75% 2026 | 600 | 556 | |
Petrobras Global Finance Co. 6.75% 2050 | 288 | 235 | |
Petrobras Global Finance Co. 5.50% 2051 | 202 | 144 | |
Petróleos Mexicanos 6.875% 2025 | 350 | 330 | |
Petróleos Mexicanos 8.75% 20291 | 732 | 628 | |
Petrorio Luxembourg SARL 6.125% 20261 | 320 | 289 | |
Range Resources Corp. 4.875% 2025 | 362 | 342 | |
Range Resources Corp. 8.25% 2029 | 900 | 918 | |
Range Resources Corp. 4.75% 20301 | 970 | 843 | |
Rattler Midstream Partners, LP 5.625% 20251 | 955 | 968 | |
Rockcliff Energy II, LLC 5.50% 20291 | 120 | 105 | |
Rockies Express Pipeline, LLC 4.95% 20291 | 550 | 473 | |
Sabine Pass Liquefaction, LLC 4.50% 2030 | 586 | 535 | |
Sanchez Energy Corp. 7.25% 20231,4 | 739 | 7 | |
SM Energy Co. 5.625% 2025 | 430 | 413 | |
Southwestern Energy Co. 5.95% 20256 | 215 | 211 | |
Southwestern Energy Co. 7.75% 2027 | 272 | 277 | |
Southwestern Energy Co. 8.375% 2028 | 565 | 586 | |
Southwestern Energy Co. 5.375% 2029 | 340 | 309 | |
Southwestern Energy Co. 5.375% 2030 | 2,470 | 2,231 | |
Southwestern Energy Co. 4.75% 2032 | 1,225 | 1,029 | |
Suburban Propane Partners, LP / Suburban Energy Finance Corp. 5.00% 20311 | 335 | 275 | |
Summit Midstream Holdings / Summit Midstream Finance Corp. 8.50% 20261 | 90 | 85 | |
Sunoco, LP 6.00% 2027 | 547 | 522 | |
Sunoco, LP 5.875% 2028 | 290 | 264 | |
Sunoco, LP 4.50% 2029 | 1,680 | 1,397 | |
Sunoco, LP 4.50% 2030 | 1,680 | 1,376 | |
Tallgrass Energy Partners, LP 7.50% 20251 | 230 | 226 | |
Targa Resources Partners, LP 6.50% 2027 | 133 | 132 | |
Targa Resources Partners, LP 6.875% 2029 | 915 | 901 | |
Targa Resources Partners, LP 5.50% 2030 | 802 | 722 | |
Targa Resources Partners, LP 4.875% 2031 | 695 | 599 | |
Teekay Offshore Partners, LP 8.50% 20231,4,7 | 2,009 | 502 | |
Transocean Guardian, Ltd. 5.875% 20241 | 258 | 243 | |
Transocean Poseidon, Ltd. 6.875% 20271 | 337 | 309 | |
Transocean, Inc. 6.125% 20251 | 178 | 166 | |
Transocean, Inc. 7.25% 20251 | 500 | 384 | |
Transocean, Inc. 11.50% 20271 | 95 | 88 | |
USA Compression Partners, LP 6.875% 2026 | 669 | 617 | |
USA Compression Partners, LP 6.875% 2027 | 247 | 225 | |
Venture Global Calcasieu Pass, LLC 4.125% 20311 | 2,795 | 2,324 | |
Venture Global Calcasieu Pass, LLC 3.875% 20331 | 650 | 507 | |
Weatherford International, Ltd. 11.00% 20241 | 371 | 378 | |
Weatherford International, Ltd. 6.50% 20281 | 2,130 | 1,920 |
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Energy (continued) | Principal amount (000) | Value (000) | |
Weatherford International, Ltd. 8.625% 20301 | USD3,370 | $2,942 | |
Western Gas Partners, LP 4.50% 2028 | 979 | 887 | |
Western Midstream Operating, LP 3.35% 20256 | 369 | 344 | |
Western Midstream Operating, LP 4.75% 2028 | 160 | 146 | |
Western Midstream Operating, LP 4.30% 20306 | 480 | 412 | |
Western Midstream Operating, LP 5.50% 20506 | 540 | 437 | |
118,495 | |||
Consumer discretionary 13.69% | |||
Adient Global Holdings, Ltd. 4.875% 20261 | 525 | 461 | |
Affinity Gaming 6.875% 20271 | 1,040 | 850 | |
Allied Universal Holdco, LLC 6.625% 20261 | 508 | 454 | |
Allied Universal Holdco, LLC 9.75% 20271 | 716 | 589 | |
Allied Universal Holdco, LLC 4.625% 20281 | 490 | 378 | |
Allied Universal Holdco, LLC 6.00% 20291 | 2,790 | 1,806 | |
Asbury Automotive Group, Inc. 4.50% 2028 | 250 | 212 | |
Asbury Automotive Group, Inc. 4.625% 20291 | 1,545 | 1,239 | |
Asbury Automotive Group, Inc. 5.00% 20321 | 355 | 274 | |
Atlas LuxCo 4 SARL 4.625% 20281 | 280 | 212 | |
Bath & Body Works, Inc. 6.625% 20301 | 370 | 323 | |
Bath & Body Works, Inc. 6.875% 2035 | 1,316 | 1,103 | |
Bath & Body Works, Inc. 6.75% 2036 | 655 | 541 | |
Beazer Homes USA, Inc. 5.875% 2027 | 540 | 418 | |
Boyd Gaming Corp. 4.75% 2027 | 441 | 391 | |
Boyd Gaming Corp. 4.75% 20311 | 245 | 199 | |
Boyne USA, Inc. 4.75% 20291 | 410 | 344 | |
Caesars Entertainment, Inc. 6.25% 20251 | 1,085 | 1,047 | |
Caesars Entertainment, Inc. 8.125% 20271 | 665 | 637 | |
Caesars Entertainment, Inc. 4.625% 20291 | 560 | 429 | |
Caesars Resort Collection, LLC 5.75% 20251 | 345 | 333 | |
Carnival Corp. 7.625% 20261 | 1,415 | 1,078 | |
Carnival Corp. 10.50% 20261 | 1,405 | 1,392 | |
Carnival Corp. 4.00% 20281 | 3,000 | 2,425 | |
Carnival Corp. 6.00% 20291 | 655 | 431 | |
Carnival Corp. 10.50% 20301 | 850 | 681 | |
Carvana Co. 5.625% 20251 | 165 | 116 | |
Carvana Co. 5.50% 20271 | 1,091 | 597 | |
Carvana Co. 5.875% 20281 | 754 | 384 | |
Carvana Co. 4.875% 20291 | 1,070 | 524 | |
CDI Escrow Issuer, Inc. 5.75% 20301 | 615 | 538 | |
CEC Entertainment, Inc. 6.75% 20261 | 320 | 288 | |
Dana, Inc. 4.25% 2030 | 200 | 147 | |
Dana, Inc. 4.50% 2032 | 375 | 268 | |
Dave & Buster’s, Inc. 7.625% 20251 | 340 | 335 | |
Empire Communities Corp. 7.00% 20251 | 475 | 395 | |
Empire Resorts, Inc. 7.75% 20261 | 670 | 564 | |
Everi Holdings, Inc. 5.00% 20291 | 95 | 78 | |
Fertitta Entertainment, Inc. 4.625% 20291 | 1,260 | 1,045 | |
Fertitta Entertainment, Inc. 6.75% 20301 | 4,000 | 3,047 | |
First Student Bidco, Inc. / First Transit Parent, Inc. 4.00% 20291 | 2,135 | 1,734 | |
Ford Motor Co. 5.291% 2046 | 70 | 49 | |
Ford Motor Credit Company, LLC 3.375% 2025 | 465 | 411 | |
Ford Motor Credit Company, LLC 5.125% 2025 | 2,415 | 2,283 | |
Ford Motor Credit Company, LLC 2.70% 2026 | 350 | 291 |
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Consumer discretionary (continued) | Principal amount (000) | Value (000) | |
Ford Motor Credit Company, LLC 4.542% 2026 | USD1,460 | $1,302 | |
Ford Motor Credit Company, LLC 3.815% 2027 | 1,130 | 951 | |
Ford Motor Credit Company, LLC 4.125% 2027 | 835 | 720 | |
Ford Motor Credit Company, LLC 4.271% 2027 | 525 | 460 | |
Ford Motor Credit Company, LLC 4.95% 2027 | 370 | 331 | |
Ford Motor Credit Company, LLC 2.90% 2028 | 300 | 236 | |
Ford Motor Credit Company, LLC 5.113% 2029 | 200 | 174 | |
Ford Motor Credit Company, LLC 4.00% 2030 | 570 | 446 | |
Group 1 Automotive, Inc. 4.00% 20281 | 615 | 497 | |
Hanesbrands, Inc. 4.625% 20241 | 1,945 | 1,857 | |
Hanesbrands, Inc. 4.875% 20261 | 1,624 | 1,462 | |
Hilton Grand Vacations Borrower 5.00% 20291 | 591 | 478 | |
Hilton Worldwide Holdings, Inc. 3.75% 20291 | 200 | 166 | |
Hilton Worldwide Holdings, Inc. 4.875% 2030 | 408 | 356 | |
Hilton Worldwide Holdings, Inc. 4.00% 20311 | 1,010 | 818 | |
International Game Technology PLC 6.50% 20251 | 911 | 910 | |
International Game Technology PLC 4.125% 20261 | 1,165 | 1,066 | |
International Game Technology PLC 5.25% 20291 | 3,320 | 2,948 | |
Jacobs Entertainment, Inc. 6.75% 20291 | 505 | 433 | |
KB Home 6.875% 2027 | 330 | 313 | |
KB Home 7.25% 2030 | 330 | 300 | |
Kontoor Brands, Inc. 4.125% 20291 | 370 | 295 | |
Las Vegas Sands Corp. 3.20% 2024 | 635 | 599 | |
Las Vegas Sands Corp. 3.90% 2029 | 100 | 83 | |
LCM Investments Holdings II, LLC 4.875% 20291 | 2,035 | 1,579 | |
Levi Strauss & Co. 3.50% 20311 | 430 | 336 | |
Lindblad Expeditions, LLC 6.75% 20271 | 205 | 181 | |
Lithia Motors, Inc. 4.625% 20271 | 270 | 235 | |
Lithia Motors, Inc. 3.875% 20291 | 785 | 631 | |
Lithia Motors, Inc. 4.375% 20311 | 315 | 258 | |
LSF9 Atlantis Holdings, LLC / Victra Finance Corp. 7.75% 20261 | 335 | 299 | |
M.D.C. Holdings, Inc. 6.00% 2043 | 573 | 431 | |
Macy’s Retail Holdings, LLC 5.875% 20301 | 145 | 115 | |
Marriott Ownership Resorts, Inc. 4.50% 20291 | 370 | 293 | |
Melco International Development, Ltd. 4.875% 20251 | 440 | 327 | |
Melco International Development, Ltd. 5.75% 20281 | 1,710 | 1,103 | |
Melco International Development, Ltd. 5.375% 20291 | 1,446 | 881 | |
Melco Resorts Finance, Ltd. 5.25% 20261 | 300 | 211 | |
Merlin Entertainment 5.75% 20261 | 492 | 459 | |
MGM China Holdings, Ltd. 4.75% 20271 | 1,390 | 1,083 | |
MGM Resorts International 6.00% 2023 | 281 | 281 | |
MGM Resorts International 5.50% 2027 | 401 | 361 | |
Mohegan Gaming & Entertainment 8.00% 20261 | 645 | 539 | |
Motel 6 Operating, LP, Term Loan B, (1-month USD-LIBOR + 5.00%) 8.052% 20262,3 | 559 | 552 | |
NCL Corp., Ltd. 3.625% 20241 | 300 | 253 | |
NCL Corp., Ltd. 5.875% 20261 | 405 | 309 | |
NCL Corp., Ltd. 5.875% 20271 | 1,230 | 1,027 | |
NCL Corp., Ltd. 7.75% 20291 | 360 | 272 | |
Neiman Marcus Group, LLC 7.125% 20261 | 2,255 | 2,075 | |
Newell Rubbermaid, Inc. 4.875% 2025 | 445 | 431 | |
Panther BF Aggregator 2, LP 6.25% 20261 | 140 | 134 | |
Panther BF Aggregator 2, LP 8.50% 20271 | 455 | 435 | |
Party City Holdings, Inc. 6.625% 20261 | 500 | 227 | |
Party City Holdings, Inc. 8.75% 20261 | 4,950 | 2,878 |
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Consumer discretionary (continued) | Principal amount (000) | Value (000) | |
Penske Automotive Group, Inc. 3.75% 2029 | USD340 | $271 | |
PetSmart, Inc. 4.75% 20281 | 710 | 609 | |
PetSmart, Inc. 7.75% 20291 | 1,190 | 1,066 | |
Premier Entertainment Sub, LLC 5.625% 20291 | 1,065 | 739 | |
Premier Entertainment Sub, LLC 5.875% 20311 | 375 | 254 | |
QVC, Inc. 4.85% 2024 | 75 | 71 | |
QVC, Inc. 4.75% 2027 | 52 | 39 | |
QVC, Inc. 4.375% 2028 | 601 | 409 | |
Raptor Acquisition Corp. 4.875% 20261 | 1,225 | 1,055 | |
Real Hero Merger Sub 2, Inc. 6.25% 20291 | 480 | 347 | |
Royal Caribbean Cruises, Ltd. 10.875% 20231 | 325 | 332 | |
Royal Caribbean Cruises, Ltd. 11.50% 20251 | 2,681 | 2,853 | |
Royal Caribbean Cruises, Ltd. 4.25% 20261 | 1,820 | 1,341 | |
Royal Caribbean Cruises, Ltd. 5.50% 20261 | 715 | 548 | |
Royal Caribbean Cruises, Ltd. 5.375% 20271 | 1,035 | 763 | |
Royal Caribbean Cruises, Ltd. 5.50% 20281 | 70 | 49 | |
Royal Caribbean Cruises, Ltd. 8.25% 20291 | 1,580 | 1,541 | |
Royal Caribbean Cruises, Ltd. 9.25% 20291 | 1,010 | 997 | |
Sally Holdings, LLC and Sally Capital, Inc. 5.625% 2025 | 280 | 266 | |
Sands China, Ltd. 5.625% 2025 | 275 | 250 | |
Sands China, Ltd. 2.80% 20276 | 350 | 279 | |
Sands China, Ltd. 5.90% 2028 | 200 | 169 | |
Sands China, Ltd. 3.35% 20296 | 239 | 178 | |
Sands China, Ltd. 4.875% 2030 | 550 | 431 | |
Sands China, Ltd. 3.75% 20316 | 1,360 | 978 | |
Scientific Games Corp. 8.625% 20251 | 1,215 | 1,245 | |
Scientific Games Corp. 7.00% 20281 | 1,363 | 1,288 | |
Scientific Games Corp. 7.25% 20291 | 2,360 | 2,200 | |
Scientific Games Holdings, LP 6.625% 20301 | 1,515 | 1,217 | |
Sonic Automotive, Inc. 4.625% 20291 | 1,565 | 1,230 | |
Sonic Automotive, Inc. 4.875% 20311 | 2,180 | 1,655 | |
Staples, Inc. 7.50% 20261 | 421 | 354 | |
Studio City Co., Ltd. 7.00% 20271 | 235 | 197 | |
Studio City Finance, Ltd. 6.00% 20251 | 690 | 386 | |
Studio City Finance, Ltd. 5.00% 20291 | 1,000 | 446 | |
Tempur Sealy International, Inc. 4.00% 20291 | 515 | 407 | |
The Gap, Inc. 3.625% 20291 | 170 | 111 | |
The Gap, Inc. 3.875% 20311 | 108 | 69 | |
The Home Co., Inc. 7.25% 20251 | 940 | 763 | |
Travel + Leisure Co. 6.60% 20256 | 50 | 49 | |
Travel + Leisure Co. 6.00% 2027 | 205 | 185 | |
Travel + Leisure Co. 4.50% 20291 | 1,280 | 994 | |
Universal Entertainment Corp. 8.50% 20241 | 2,945 | 2,714 | |
Vail Resorts, Inc. 6.25% 20251 | 315 | 311 | |
VICI Properties, LP 4.25% 20261 | 462 | 418 | |
VICI Properties, LP 4.625% 20291 | 265 | 230 | |
VICI Properties, LP / VICI Note Co., Inc. 5.625% 20241 | 447 | 440 | |
VICI Properties, LP / VICI Note Co., Inc. 3.50% 20251 | 711 | 658 | |
VICI Properties, LP / VICI Note Co., Inc. 4.625% 20251 | 620 | 584 | |
VICI Properties, LP / VICI Note Co., Inc. 3.75% 20271 | 494 | 434 | |
VICI Properties, LP / VICI Note Co., Inc. 3.875% 20291 | 1,400 | 1,177 | |
VICI Properties, LP / VICI Note Co., Inc. 4.125% 20301 | 873 | 731 | |
WASH Multifamily Acquisition, Inc. 5.75% 20261 | 1,245 | 1,149 | |
Wheel Pros, Inc. 6.50% 20291 | 1,280 | 588 |
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Consumer discretionary (continued) | Principal amount (000) | Value (000) | |
Wheel Pros, Inc., Term Loan, (3-month USD-LIBOR + 4.50%) 7.552% 20282,3 | USD953 | $708 | |
Wyndham Destinations, Inc. 6.625% 20261 | 695 | 652 | |
Wyndham Destinations, Inc. 4.625% 20301 | 400 | 317 | |
Wyndham Worldwide Corp. 4.375% 20281 | 835 | 735 | |
Wynn Las Vegas, LLC and Wynn Capital Corp. 4.25% 20231 | 861 | 845 | |
Wynn Macau, Ltd. 5.625% 20281 | 900 | 601 | |
Wynn Macau, Ltd. 5.125% 20291 | 950 | 619 | |
Wynn Resorts Finance, LLC 7.75% 20251 | 494 | 483 | |
Wynn Resorts Finance, LLC 5.125% 20291 | 2,222 | 1,801 | |
Yahoo Holdings, Inc., Term Loan B, (1-month USD-LIBOR + 5.50%) 8.615% 20272,3 | 705 | 659 | |
112,223 | |||
Communication services 10.62% | |||
Altice France Holding SA 10.50% 20271 | 1,650 | 1,296 | |
Altice France SA 5.125% 20291 | 1,677 | 1,257 | |
Brightstar Escrow Corp. 9.75% 20251 | 140 | 130 | |
Cablevision Systems Corp. 5.375% 20281 | 457 | 400 | |
CCO Holdings, LLC and CCO Holdings Capital Corp. 5.50% 20261 | 102 | 97 | |
CCO Holdings, LLC and CCO Holdings Capital Corp. 5.00% 20281 | 586 | 506 | |
CCO Holdings, LLC and CCO Holdings Capital Corp. 5.375% 20291 | 360 | 316 | |
CCO Holdings, LLC and CCO Holdings Capital Corp. 6.375% 20291 | 300 | 276 | |
CCO Holdings, LLC and CCO Holdings Capital Corp. 4.50% 20301 | 3,029 | 2,403 | |
CCO Holdings, LLC and CCO Holdings Capital Corp. 4.75% 20301 | 3,437 | 2,797 | |
CCO Holdings, LLC and CCO Holdings Capital Corp. 2.80% 2031 | 140 | 106 | |
CCO Holdings, LLC and CCO Holdings Capital Corp. 4.25% 20311 | 3,065 | 2,356 | |
CCO Holdings, LLC and CCO Holdings Capital Corp. 4.50% 2032 | 1,024 | 783 | |
CCO Holdings, LLC and CCO Holdings Capital Corp. 4.75% 20321 | 1,225 | 956 | |
CCO Holdings, LLC and CCO Holdings Capital Corp. 4.50% 20331 | 1,330 | 986 | |
CCO Holdings, LLC and CCO Holdings Capital Corp. 4.25% 20341 | 2,040 | 1,465 | |
Centerfield Media Parent, Inc. 6.625% 20261 | 960 | 761 | |
CenturyLink, Inc. 6.75% 2023 | 1,480 | 1,510 | |
Cinemark USA, Inc. 5.875% 20261 | 278 | 233 | |
Clear Channel Worldwide Holdings, Inc. 7.75% 20281 | 570 | 431 | |
Clear Channel Worldwide Holdings, Inc. 7.50% 20291 | 315 | 229 | |
Cogent Communications Group, Inc. 3.50% 20261 | 700 | 618 | |
Consolidated Communications, Inc. 5.00% 20281 | 225 | 157 | |
CSC Holdings, LLC 6.50% 20291 | 600 | 531 | |
CSC Holdings, LLC 3.375% 20311 | 700 | 495 | |
Diamond Sports Group, LLC 5.375% 20261 | 503 | 101 | |
Diamond Sports Group, LLC 6.625% 20271 | 1,056 | 78 | |
DIRECTV Financing, LLC, Term Loan, (3-month USD-LIBOR + 5.00%) 8.115% 20272,3 | 1,697 | 1,586 | |
DIRECTV Holdings, LLC and DIRECTV Financing Co., Inc. 5.875% 20271 | 3,010 | 2,602 | |
Embarq Corp. 7.995% 2036 | 1,637 | 822 | |
Epicor Software Corp., Term Loan, (3-month USD-LIBOR + 7.75%) 10.865% 20282,3 | 465 | 455 | |
Frontier Communications Corp. 5.875% 20271 | 1,455 | 1,307 | |
Frontier Communications Corp. 5.00% 20281 | 3,780 | 3,250 | |
Frontier Communications Corp. 6.75% 20291 | 1,990 | 1,646 | |
Frontier Communications Holdings, LLC 5.875% 2029 | 1,390 | 1,107 | |
Frontier Communications Holdings, LLC 6.00% 20301 | 750 | 591 | |
Frontier Communications Holdings, LLC 8.75% 20301 | 970 | 972 | |
Gray Escrow II, Inc. 5.375% 20311 | 925 | 728 | |
Gray Television, Inc. 5.875% 20261 | 203 | 188 | |
Gray Television, Inc. 7.00% 20271 | 828 | 781 | |
Gray Television, Inc. 4.75% 20301 | 397 | 298 |
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Communication services (continued) | Principal amount (000) | Value (000) | |
iHeartCommunications, Inc. 5.25% 20271 | USD1,995 | $1,708 | |
iHeartCommunications, Inc. 4.75% 20281 | 250 | 209 | |
Iliad Holding SAS 6.50% 20261 | 1,120 | 981 | |
Inmarsat PLC 6.75% 20261 | 725 | 635 | |
Kantar Group, LLC, Term Loan B2, (3-month USD-LIBOR + 4.50%) 8.174% 20262,3 | 386 | 364 | |
Lamar Media Corp. 3.75% 2028 | 61 | 53 | |
Lamar Media Corp. 4.875% 2029 | 300 | 268 | |
Lamar Media Corp. 4.00% 2030 | 260 | 218 | |
Level 3 Financing, Inc. 3.75% 20291 | 550 | 404 | |
Ligado Networks, LLC 15.50% PIK 20231,5 | 1,727 | 803 | |
Live Nation Entertainment, Inc. 3.75% 20281 | 425 | 361 | |
Magallanes, Inc. 4.279% 20321 | 298 | 246 | |
Match Group, Inc. 4.625% 20281 | 308 | 270 | |
McGraw-Hill Education, Inc. 5.75% 20281 | 520 | 435 | |
Midas OpCo Holdings, LLC 5.625% 20291 | 3,110 | 2,564 | |
Netflix, Inc. 4.875% 2028 | 310 | 291 | |
News Corp. 3.875% 20291 | 1,620 | 1,379 | |
News Corp. 5.125% 20321 | 1,760 | 1,548 | |
Nexstar Broadcasting, Inc. 4.75% 20281 | 2,790 | 2,377 | |
Nexstar Escrow Corp. 5.625% 20271 | 324 | 299 | |
Nielsen Finance, LLC and Nielsen Finance Co. 4.50% 20291 | 49 | 49 | |
Qwest Capital Funding, Inc. 6.875% 2028 | 500 | 438 | |
Scripps Escrow II, Inc. 3.875% 20291 | 750 | 599 | |
Sinclair Television Group, Inc. 5.125% 20271 | 195 | 162 | |
Sinclair Television Group, Inc. 4.125% 20301 | 710 | 535 | |
Sirius XM Radio, Inc. 3.125% 20261 | 1,600 | 1,407 | |
Sirius XM Radio, Inc. 4.00% 20281 | 2,385 | 2,034 | |
Sirius XM Radio, Inc. 4.125% 20301 | 445 | 363 | |
Sirius XM Radio, Inc. 3.875% 20311 | 2,590 | 2,014 | |
Sprint Corp. 7.625% 2026 | 480 | 497 | |
Sprint Corp. 6.875% 2028 | 2,400 | 2,470 | |
Sprint Corp. 8.75% 2032 | 2,516 | 2,921 | |
Summer (BC) BidCo B, LLC 5.50% 20261 | 365 | 300 | |
TEGNA, Inc. 4.625% 2028 | 478 | 442 | |
TEGNA, Inc. 5.00% 2029 | 686 | 633 | |
T-Mobile US, Inc. 3.375% 2029 | 860 | 744 | |
Twitter, Inc. 5.00% 20301 | 640 | 615 | |
Univision Communications, Inc. 5.125% 20251 | 3,195 | 3,038 | |
Univision Communications, Inc. 6.625% 20271 | 3,050 | 2,885 | |
Univision Communications, Inc. 4.50% 20291 | 4,500 | 3,680 | |
Univision Communications, Inc. 7.375% 20301 | 935 | 894 | |
Univision Communications, Inc., Term Loan, (3-month USD CME Term + 4.50%) 6.25% 20292,3 | 150 | 147 | |
UPC Broadband Finco BV 4.875% 20311 | 430 | 334 | |
Virgin Media O2 4.25% 20311 | 1,975 | 1,501 | |
Virgin Media Secured Finance PLC 4.50% 20301 | 990 | 774 | |
VZ Secured Financing BV 5.00% 20321 | 1,660 | 1,243 | |
Warner Music Group 3.75% 20291 | 1,350 | 1,123 | |
Warner Music Group 3.875% 20301 | 780 | 641 | |
Ziggo Bond Co. BV 5.125% 20301 | 419 | 300 | |
Ziggo Bond Finance BV 4.875% 20301 | 1,550 | 1,227 | |
87,030 |
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Health care 9.90% | Principal amount (000) | Value (000) | |
1375209 BC, Ltd. 9.00% 20281 | USD260 | $259 | |
AdaptHealth, LLC 5.125% 20301 | 875 | 723 | |
Avantor Funding, Inc. 4.625% 20281 | 2,380 | 2,123 | |
Avantor Funding, Inc. 3.875% 20291 | 500 | 407 | |
Bausch Health Americas, Inc. 9.25% 20261 | 1,104 | 656 | |
Bausch Health Americas, Inc. 8.50% 20271 | 252 | 108 | |
Bausch Health Companies, Inc. 9.00% 20251 | 1,591 | 1,012 | |
Bausch Health Companies, Inc. 5.75% 20271 | 865 | 591 | |
Bausch Health Companies, Inc. 6.125% 20271 | 245 | 170 | |
Bausch Health Companies, Inc. 4.875% 20281 | 2,490 | 1,609 | |
Bausch Health Companies, Inc. 5.00% 20281 | 1,297 | 480 | |
Bausch Health Companies, Inc. 7.00% 20281 | 413 | 158 | |
Bausch Health Companies, Inc. 5.00% 20291 | 305 | 119 | |
Bausch Health Companies, Inc. 5.25% 20301 | 1,362 | 511 | |
Bausch Health Companies, Inc. 5.25% 20311 | 3,672 | 1,388 | |
Catalent Pharma Solutions, Inc. 3.125% 20291 | 285 | 220 | |
Catalent Pharma Solutions, Inc. 3.50% 20301 | 720 | 567 | |
Centene Corp. 4.25% 2027 | 389 | 357 | |
Centene Corp. 2.45% 2028 | 3,240 | 2,643 | |
Centene Corp. 4.625% 2029 | 2,895 | 2,608 | |
Centene Corp. 3.00% 2030 | 2,020 | 1,604 | |
Centene Corp. 3.375% 2030 | 642 | 526 | |
Centene Corp. 2.50% 2031 | 1,485 | 1,123 | |
Centene Corp. 2.625% 2031 | 430 | 325 | |
Charles River Laboratories International, Inc. 4.25% 20281 | 561 | 490 | |
Charles River Laboratories International, Inc. 3.75% 20291 | 680 | 567 | |
Charles River Laboratories International, Inc. 4.00% 20311 | 650 | 525 | |
Community Health Systems, Inc. 8.00% 20261 | 390 | 338 | |
Community Health Systems, Inc. 5.625% 20271 | 1,645 | 1,269 | |
Community Health Systems, Inc. 6.00% 20291 | 653 | 481 | |
Community Health Systems, Inc. 6.875% 20291 | 240 | 116 | |
Community Health Systems, Inc. 5.25% 20301 | 1,670 | 1,167 | |
Community Health Systems, Inc. 4.75% 20311 | 100 | 67 | |
DaVita, Inc. 4.625% 20301 | 850 | 660 | |
Encompass Health Corp. 4.50% 2028 | 496 | 426 | |
Encompass Health Corp. 4.75% 2030 | 285 | 235 | |
Endo DAC / Endo Finance, LLC / Endo Finco 9.50% 20271,4 | 311 | 47 | |
Endo DAC / Endo Finance, LLC / Endo Finco 6.00% 20281,4 | 2,313 | 133 | |
Endo International PLC 5.875% 20241 | 520 | 428 | |
Endo Luxembourg Finance Co. I SARL / Endo U.S., Inc. 6.125% 20291 | 660 | 522 | |
Grifols Escrow Issuer SA 4.75% 20281 | 630 | 488 | |
HCA, Inc. 5.875% 2026 | 321 | 317 | |
HCA, Inc. 5.625% 2028 | 1,300 | 1,241 | |
HCA, Inc. 5.875% 2029 | 255 | 248 | |
HCA, Inc. 3.50% 2030 | 1,215 | 1,006 | |
HCA, Inc. 4.625% 20521 | 233 | 175 | |
HCA, Inc. 7.50% 2095 | 250 | 252 | |
HealthEquity, Inc. 4.50% 20291 | 480 | 406 | |
IMS Health Holdings, Inc. 5.00% 20261 | 823 | 785 | |
Jazz Securities DAC 4.375% 20291 | 896 | 776 | |
Mallinckrodt PLC 10.00% 20251 | 939 | 856 | |
Minerva Merger Sub, Inc. 6.50% 20301 | 640 | 507 | |
Molina Healthcare, Inc. 4.375% 20281 | 1,055 | 954 | |
Molina Healthcare, Inc. 3.875% 20301 | 2,309 | 1,941 |
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Health care (continued) | Principal amount (000) | Value (000) | |
Molina Healthcare, Inc. 3.875% 20321 | USD2,115 | $1,735 | |
Mozart Debt Merger Sub, Inc. 3.875% 20291 | 220 | 177 | |
Mozart Debt Merger Sub, Inc. 5.25% 20291 | 1,705 | 1,291 | |
Option Care Health, Inc. 4.375% 20291 | 290 | 246 | |
Organon Finance 1, LLC 4.125% 20281 | 535 | 459 | |
Organon Finance 1, LLC 5.125% 20311 | 240 | 197 | |
Owens & Minor, Inc. 4.375% 2024 | 1,185 | 1,153 | |
Owens & Minor, Inc. 4.50% 20291 | 990 | 778 | |
Owens & Minor, Inc. 6.625% 20301 | 1,075 | 949 | |
Par Pharmaceutical, Inc. 7.50% 20271 | 4,505 | 3,570 | |
Radiology Partners, Inc. 9.25% 20281 | 1,503 | 983 | |
RP Escrow Issuer, LLC 5.25% 20251 | 1,015 | 840 | |
Select Medical Holdings Corp. 6.25% 20261 | 554 | 522 | |
Surgery Center Holdings 10.00% 20271 | 416 | 405 | |
Syneos Health, Inc. 3.625% 20291 | 530 | 423 | |
Team Health Holdings, Inc. 6.375% 20251 | 704 | 523 | |
Team Health Holdings, Inc., Term Loan B, (3-month USD CME Term SOFR + 5.25%) 8.284% 20272,3 | 277 | 238 | |
Tenet Healthcare Corp. 4.625% 2024 | 130 | 126 | |
Tenet Healthcare Corp. 4.875% 20261 | 5,130 | 4,774 | |
Tenet Healthcare Corp. 5.125% 20271 | 710 | 639 | |
Tenet Healthcare Corp. 6.25% 20271 | 500 | 468 | |
Tenet Healthcare Corp. 4.625% 20281 | 890 | 779 | |
Tenet Healthcare Corp. 6.125% 20281 | 640 | 562 | |
Tenet Healthcare Corp. 4.25% 20291 | 990 | 821 | |
Tenet Healthcare Corp. 4.375% 20301 | 1,340 | 1,121 | |
Tenet Healthcare Corp. 6.125% 20301 | 610 | 560 | |
Tenet Healthcare Corp. 6.875% 2031 | 100 | 89 | |
Teva Pharmaceutical Finance Co. BV 6.00% 2024 | 3,379 | 3,285 | |
Teva Pharmaceutical Finance Co. BV 7.125% 2025 | 1,984 | 1,934 | |
Teva Pharmaceutical Finance Co. BV 3.15% 2026 | 3,314 | 2,724 | |
Teva Pharmaceutical Finance Co. BV 4.75% 2027 | 570 | 485 | |
Teva Pharmaceutical Finance Co. BV 6.75% 2028 | 1,888 | 1,737 | |
Teva Pharmaceutical Finance Co. BV 5.125% 2029 | 6,865 | 5,680 | |
Teva Pharmaceutical Finance Co. BV 4.10% 2046 | 212 | 127 | |
Valeant Pharmaceuticals International, Inc. 5.50% 20251 | 3,830 | 3,049 | |
81,159 | |||
Materials 9.52% | |||
Alcoa Nederland Holding BV 5.50% 20271 | 510 | 477 | |
Alcoa Nederland Holding BV 4.125% 20291 | 430 | 362 | |
Allegheny Technologies, Inc. 5.875% 2027 | 282 | 257 | |
Allegheny Technologies, Inc. 4.875% 2029 | 1,575 | 1,312 | |
Allegheny Technologies, Inc. 5.125% 2031 | 1,170 | 958 | |
ArcelorMittal 7.00% 2039 | 488 | 460 | |
ArcelorMittal 6.75% 2041 | 755 | 693 | |
Arconic Corp. 6.00% 20251 | 360 | 347 | |
Arconic Rolled Products Corp. 6.125% 20281 | 200 | 177 | |
Ardagh Group SA 6.50% Cash 20271,5 | 422 | 290 | |
Ardagh Metal Packaging Finance USA, LLC 3.25% 20281 | 500 | 409 | |
Ardagh Metal Packaging Finance USA, LLC 6.00% 20271 | 750 | 708 | |
Ardagh Metal Packaging Finance USA, LLC 4.00% 20291 | 350 | 257 | |
Ardagh Packaging Finance 4.125% 20261 | 900 | 750 | |
Avient Corp. 7.125% 20301 | 515 | 476 |
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Materials (continued) | Principal amount (000) | Value (000) | |
Axalta Coating Systems, LLC 4.75% 20271 | USD460 | $411 | |
Ball Corp. 2.875% 2030 | 160 | 123 | |
Ball Corp. 3.125% 2031 | 1,615 | 1,221 | |
BWAY Parent Co., Inc. 5.50% 20241 | 1,329 | 1,265 | |
Can-Pack SA / Canpack US, LLC 3.875% 20291 | 1,960 | 1,535 | |
Cleveland-Cliffs, Inc. 6.75% 20261 | 262 | 258 | |
Cleveland-Cliffs, Inc. 5.875% 2027 | 3,030 | 2,733 | |
Cleveland-Cliffs, Inc. 7.00% 2027 | 297 | 263 | |
Cleveland-Cliffs, Inc. 4.625% 20291 | 1,791 | 1,508 | |
Cleveland-Cliffs, Inc. 4.875% 20311 | 2,815 | 2,329 | |
Crown Holdings, Inc. 5.25% 20301 | 240 | 216 | |
CVR Partners, LP 6.125% 20281 | 1,125 | 981 | |
Diamond (BC) BV 4.625% 20291 | 205 | 143 | |
Element Solutions, Inc. 3.875% 20281 | 410 | 331 | |
First Quantum Minerals, Ltd. 7.50% 20251 | 3,893 | 3,752 | |
First Quantum Minerals, Ltd. 6.875% 20261 | 2,726 | 2,519 | |
First Quantum Minerals, Ltd. 6.875% 20271 | 7,410 | 6,686 | |
FMG Resources 4.375% 20311 | 585 | 450 | |
Freeport-McMoRan, Inc. 4.25% 2030 | 437 | 374 | |
Freeport-McMoRan, Inc. 5.45% 2043 | 411 | 344 | |
FXI Holdings, Inc. 7.875% 20241 | 5,496 | 4,347 | |
FXI Holdings, Inc. 12.25% 20261 | 6,410 | 5,088 | |
GPC Merger Sub, Inc. 7.125% 20281 | 534 | 430 | |
Graphic Packaging International, LLC 3.75% 20301 | 790 | 653 | |
Hexion, Inc., Term Loan, (3-month USD CME Term SOFR + 4.50%) 7.413% 20292,3 | 454 | 389 | |
Kaiser Aluminum Corp. 4.625% 20281 | 478 | 391 | |
Labl, Inc. 5.875% 20281 | 630 | 511 | |
Labl, Inc. 8.25% 20291 | 490 | 357 | |
LSB Industries, Inc. 6.25% 20281 | 1,620 | 1,393 | |
Mercer International, Inc. 5.125% 2029 | 400 | 319 | |
Methanex Corp. 5.125% 2027 | 3,740 | 3,148 | |
Methanex Corp. 5.25% 2029 | 710 | 566 | |
Methanex Corp. 5.65% 2044 | 465 | 314 | |
Mineral Resources, Ltd. 8.00% 20271 | 1,442 | 1,390 | |
Mineral Resources, Ltd. 8.50% 20301 | 1,270 | 1,230 | |
Neon Holdings, Inc. 10.125% 20261 | 840 | 767 | |
Nova Chemicals Corp. 4.875% 20241 | 675 | 635 | |
Nova Chemicals Corp. 5.25% 20271 | 2,036 | 1,735 | |
Nova Chemicals Corp. 4.25% 20291 | 2,330 | 1,823 | |
Novelis Corp. 3.25% 20261 | 425 | 355 | |
Novelis Corp. 4.75% 20301 | 803 | 660 | |
Novelis Corp. 3.875% 20311 | 1,322 | 989 | |
Olin Corp. 5.625% 2029 | 200 | 178 | |
Olin Corp. 5.00% 2030 | 180 | 150 | |
Owens-Illinois, Inc. 5.875% 20231 | 191 | 189 | |
Owens-Illinois, Inc. 6.375% 20251 | 265 | 250 | |
Reynolds Group, Inc. 4.00% 20271 | 770 | 647 | |
S.P.C.M. SA 3.375% 20301 | 200 | 157 | |
SCIH Salt Holdings, Inc. 4.875% 20281 | 2,185 | 1,809 | |
SCIH Salt Holdings, Inc. 6.625% 20291 | 1,225 | 943 | |
SCIL IV, LLC 5.375% 20261 | 500 | 387 | |
Scotts Miracle-Gro Co. 4.50% 2029 | 379 | 276 | |
Scotts Miracle-Gro Co. 4.375% 2032 | 455 | 324 | |
Sealed Air Corp. 4.00% 20271 | 316 | 274 |
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Materials (continued) | Principal amount (000) | Value (000) | |
Sealed Air Corp. 5.00% 20291 | USD440 | $393 | |
Silgan Holdings, Inc. 4.125% 2028 | 377 | 335 | |
Summit Materials, Inc. 6.50% 20271 | 360 | 346 | |
Summit Materials, Inc. 5.25% 20291 | 755 | 665 | |
Trivium Packaging BV 5.50% 20261 | 330 | 296 | |
Trivium Packaging BV 8.50% 20271 | 403 | 357 | |
Tronox, Ltd. 4.625% 20291 | 730 | 542 | |
Valvoline, Inc. 4.25% 20301 | 353 | 334 | |
Valvoline, Inc. 3.625% 20311 | 410 | 303 | |
Venator Materials Corp. 5.75% 20251 | 3,501 | 2,370 | |
Venator Materials Corp. 9.50% 20251 | 1,155 | 1,112 | |
W. R. Grace Holdings, LLC 4.875% 20271 | 655 | 564 | |
W. R. Grace Holdings, LLC 5.625% 20291 | 440 | 331 | |
Warrior Met Coal, Inc. 7.875% 20281 | 1,680 | 1,635 | |
78,032 | |||
Industrials 9.07% | |||
AAdvantage Loyalty IP, Ltd. 5.50% 20261 | 990 | 931 | |
ADT Security Corp. 4.125% 20291 | 705 | 587 | |
Allegiant Travel Co. 7.25% 20271 | 410 | 387 | |
Allison Transmission Holdings, Inc. 3.75% 20311 | 1,235 | 949 | |
Ashtead Capital, Inc. 5.50% 20321 | 600 | 558 | |
Atkore, Inc. 4.25% 20311 | 385 | 308 | |
Atlantic Aviation FBO, Inc., Term Loan, (3-month USD-LIBOR + 5.75%) 8.865% 20292,3 | 2,180 | 2,087 | |
ATS Automation Tooling Systems, Inc. 4.125% 20281 | 275 | 229 | |
Avis Budget Car Rental, LLC 5.75% 20271 | 885 | 781 | |
Avis Budget Group, Inc. 5.375% 20291 | 1,020 | 839 | |
Avolon Holdings Funding, Ltd. 5.25% 20241 | 660 | 641 | |
Avolon Holdings Funding, Ltd. 2.528% 20271 | 2,098 | 1,644 | |
BlueLinx Holdings, Inc. 6.00% 20291 | 500 | 393 | |
Bohai Financial Investment Holding Co., Ltd. 4.50% 20231 | 132 | 131 | |
Bombardier, Inc. 7.50% 20241 | 274 | 273 | |
Bombardier, Inc. 7.50% 20251 | 742 | 723 | |
Bombardier, Inc. 7.125% 20261 | 4,065 | 3,734 | |
Bombardier, Inc. 7.875% 20271 | 6,043 | 5,573 | |
Bombardier, Inc. 6.00% 20281 | 2,355 | 1,974 | |
Bombardier, Inc. 7.45% 20341 | 450 | 422 | |
Builders FirstSource, Inc. 4.25% 20321 | 815 | 627 | |
BWX Technologies, Inc. 4.125% 20281 | 515 | 451 | |
BWX Technologies, Inc. 4.125% 20291 | 1,005 | 871 | |
Clarivate Science Holdings Corp. 3.875% 20281 | 1,595 | 1,319 | |
Clarivate Science Holdings Corp. 4.875% 20291 | 1,265 | 992 | |
Clean Harbors, Inc. 4.875% 20271 | 766 | 700 | |
CoreLogic, Inc. 4.50% 20281 | 4,279 | 2,916 | |
CoreLogic, Inc., Term Loan, (3-month USD-LIBOR + 6.50%) 9.625% 20292,3 | 660 | 498 | |
Covanta Holding Corp. 4.875% 20291 | 1,295 | 1,049 | |
Covanta Holding Corp. 5.00% 2030 | 1,590 | 1,250 | |
Dun & Bradstreet Corp. 5.00% 20291 | 1,585 | 1,311 | |
Garda World Security Corp. 6.00% 20291 | 150 | 110 | |
GFL Environmental, Inc. 3.50% 20281 | 1,000 | 845 | |
Harsco Corp. 5.75% 20271 | 700 | 439 | |
Herc Holdings, Inc. 5.50% 20271 | 200 | 180 | |
Howmet Aerospace, Inc. 5.95% 2037 | 150 | 136 | |
Icahn Enterprises Finance Corp. 4.75% 2024 | 1,080 | 1,012 |
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Industrials (continued) | Principal amount (000) | Value (000) | |
JELD-WEN Holding, Inc. 4.875% 20271 | USD543 | $389 | |
Labl Escrow Issuer, LLC 6.75% 20261 | 450 | 409 | |
Labl Escrow Issuer, LLC 10.50% 20271 | 1,170 | 997 | |
LSC Communications, Inc. 8.75% 20231,4,7 | 8,933 | 87 | |
LSC Communications, Inc., Term Loan B, (USD Prime Rate + 4.50%) 7.75% 20222,3,7 | 301 | 3 | |
Masonite International Corp. 3.50% 20301 | 530 | 406 | |
MasTec, Inc. 4.50% 20281 | 460 | 402 | |
Mueller Water Products, Inc. 4.00% 20291 | 275 | 235 | |
Nielsen Finance, LLC and Nielsen Finance Co. 5.625% 20281 | 250 | 249 | |
Nielsen Finance, LLC and Nielsen Finance Co. 5.875% 20301 | 1,100 | 1,098 | |
Nielsen Finance, LLC and Nielsen Finance Co. 4.75% 20311 | 511 | 502 | |
Park River Holdings, Inc. 5.625% 20291 | 775 | 504 | |
PGT Innovations, Inc. 4.375% 20291 | 1,125 | 925 | |
Pitney Bowes, Inc. 6.875% 20271 | 600 | 369 | |
PM General Purchaser, LLC 9.50% 20281 | 2,198 | 1,843 | |
Prime Security Services Borrower, LLC 3.375% 20271 | 475 | 400 | |
Prime Security Services Borrower, LLC 6.25% 20281 | 627 | 536 | |
R.R. Donnelley & Sons Co. 6.125% 20261 | 375 | 339 | |
Roller Bearing Company of America, Inc. 4.375% 20291 | 170 | 144 | |
Sensata Technologies, Inc. 3.75% 20311 | 500 | 395 | |
SkyMiles IP, Ltd. 4.75% 20281 | 1,975 | 1,842 | |
Spirit AeroSystems, Inc. 4.60% 2028 | 1,120 | 811 | |
SRS Distribution, Inc. 4.625% 20281 | 480 | 413 | |
Stericycle, Inc. 5.375% 20241 | 1,135 | 1,093 | |
Stericycle, Inc. 3.875% 20291 | 1,360 | 1,128 | |
The Brink’s Co. 4.625% 20271 | 719 | 640 | |
The Hertz Corp. 5.00% 20291 | 250 | 186 | |
Titan International, Inc. 7.00% 2028 | 750 | 682 | |
TK Elevator Holdco GmbH 7.625% 20281 | 635 | 533 | |
TransDigm, Inc. 6.25% 20261 | 1,638 | 1,592 | |
TransDigm, Inc. 6.375% 2026 | 240 | 227 | |
TransDigm, Inc. 6.875% 2026 | 460 | 437 | |
TransDigm, Inc. 5.50% 2027 | 855 | 745 | |
TransDigm, Inc. 4.625% 2029 | 155 | 125 | |
TransDigm, Inc. 4.875% 2029 | 220 | 178 | |
Triumph Group, Inc. 6.25% 20241 | 4,527 | 4,132 | |
Triumph Group, Inc. 8.875% 20241 | 536 | 530 | |
Triumph Group, Inc. 7.75% 2025 | 1,160 | 888 | |
Uber Technologies, Inc. 8.00% 20261 | 498 | 498 | |
United Airlines Holdings, Inc. 6.50% 20271 | 3,739 | 3,667 | |
United Airlines, Inc. 4.375% 20261 | 285 | 255 | |
United Airlines, Inc. 4.625% 20291 | 542 | 450 | |
United Rentals, Inc. 4.875% 2028 | 680 | 625 | |
United Rentals, Inc. 3.875% 2031 | 525 | 428 | |
United Rentals, Inc. 3.75% 2032 | 450 | 354 | |
Vertical U.S. Newco, Inc. 5.25% 20271 | 2,055 | 1,752 | |
WESCO Distribution, Inc. 7.125% 20251 | 675 | 676 | |
WESCO Distribution, Inc. 7.25% 20281 | 825 | 810 | |
Western Global Airlines, LLC 10.375% 20251 | 475 | 427 | |
XPO Logistics, Inc. 6.25% 20251 | 136 | 137 | |
74,363 |
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Financials 7.38% | Principal amount (000) | Value (000) | |
Advisor Group Holdings, LLC 6.25% 20281 | USD2,191 | $1,898 | |
AG Merger Sub II, Inc. 10.75% 20271 | 3,800 | 3,729 | |
AG TTMT Escrow Issuer, LLC 8.625% 20271 | 988 | 934 | |
Alliant Holdings Intermediate, LLC 6.75% 20271 | 1,741 | 1,504 | |
Alliant Holdings Intermediate, LLC / Alliant Holdings 4.25% 20271 | 890 | 762 | |
Alliant Holdings Intermediate, LLC / Alliant Holdings 5.875% 20291 | 1,560 | 1,270 | |
AmWINS Group, Inc. 4.875% 20291 | 1,260 | 1,049 | |
Aretec Escrow Issuer, Inc. 7.50% 20291 | 2,375 | 1,992 | |
Ascensus, Inc., Term Loan, (3-month USD-LIBOR + 6.50%) 8.813% 20292,3 | 1,245 | 1,121 | |
AssuredPartners, Inc. 8.00% 20271 | 437 | 403 | |
AssuredPartners, Inc. 5.625% 20291 | 365 | 284 | |
Blackstone Private Credit Fund 7.05% 20251 | 640 | 633 | |
BroadStreet Partners, Inc. 5.875% 20291 | 575 | 454 | |
Castlelake Aviation Finance DAC 5.00% 20271 | 1,840 | 1,567 | |
Coinbase Global, Inc. 3.375% 20281 | 1,605 | 1,007 | |
Coinbase Global, Inc. 3.625% 20311 | 1,090 | 607 | |
Compass Diversified Holdings 5.25% 20291 | 4,150 | 3,262 | |
Compass Diversified Holdings 5.00% 20321 | 1,230 | 905 | |
Credit Acceptance Corp. 5.125% 20241 | 275 | 257 | |
Digital Currency Group, Inc., Term Loan, (3-month USD-LIBOR + 7.00%) 8.00% 20262,3,7 | 947 | 852 | |
Digital Currency Group, Inc., Term Loan, 8.75% 20262,7 | 1,263 | 1,050 | |
FS Energy and Power Fund 7.50% 20231 | 2,784 | 2,785 | |
Hightower Holding, LLC 6.75% 20291 | 905 | 740 | |
HUB International, Ltd. 7.00% 20261 | 2,080 | 1,976 | |
HUB International, Ltd. 5.625% 20291 | 240 | 201 | |
Icahn Enterprises Finance Corp. 5.25% 2027 | 277 | 243 | |
Icahn Enterprises Finance Corp. 4.375% 2029 | 675 | 545 | |
Iron Mountain Information Management Services, Inc. 5.00% 20321 | 725 | 562 | |
Ladder Capital Corp. 4.25% 20271 | 1,429 | 1,153 | |
LPL Holdings, Inc. 4.625% 20271 | 1,592 | 1,446 | |
LPL Holdings, Inc. 4.00% 20291 | 1,570 | 1,350 | |
LPL Holdings, Inc. 4.375% 20311 | 1,135 | 944 | |
MGIC Investment Corp. 5.25% 2028 | 525 | 470 | |
MidCap Financial Issuer Trust 6.50% 20281 | 380 | 325 | |
MSCI, Inc. 4.00% 20291 | 900 | 779 | |
MSCI, Inc. 3.625% 20301 | 66 | 54 | |
MSCI, Inc. 3.625% 20311 | 1,325 | 1,065 | |
MSCI, Inc. 3.875% 20311 | 1,450 | 1,224 | |
MSCI, Inc. 3.25% 20331 | 945 | 731 | |
National Financial Partners Corp. 6.875% 20281 | 739 | 578 | |
Navient Corp. 5.50% 2023 | 684 | 681 | |
Navient Corp. 5.875% 2024 | 1,450 | 1,376 | |
Navient Corp. 6.125% 2024 | 1,147 | 1,119 | |
Navient Corp. 6.75% 2025 | 550 | 516 | |
Navient Corp. 6.75% 2026 | 640 | 582 | |
Navient Corp. 5.00% 2027 | 2,883 | 2,362 | |
Navient Corp. 4.875% 2028 | 320 | 245 | |
Navient Corp. 5.50% 2029 | 2,280 | 1,736 | |
Navient Corp. 5.625% 2033 | 1,478 | 996 | |
Onemain Finance Corp. 3.875% 2028 | 206 | 152 | |
OneMain Holdings, Inc. 7.125% 2026 | 1,335 | 1,205 | |
Owl Rock Capital Corp. 3.75% 2025 | 600 | 551 | |
Owl Rock Capital Corp. 3.40% 2026 | 290 | 249 | |
Owl Rock Capital Corp. II 4.625% 20241 | 450 | 424 |
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Financials (continued) | Principal amount (000) | Value (000) | |
Owl Rock Capital Corp. III 3.125% 20271 | USD600 | $487 | |
Owl Rock Core Income Corp. 4.70% 2027 | 800 | 702 | |
Oxford Finance, LLC / Oxford Finance Co-Issuer II, Inc. 6.375% 20271 | 1,893 | 1,775 | |
Quicken Loans, LLC 3.625% 20291 | 455 | 351 | |
Rocket Mortgage / Rocket Mortgage Co-Issuer, Inc. 2.875% 20261 | 520 | 427 | |
Ryan Specialty Group, LLC 4.375% 20301 | 615 | 522 | |
Springleaf Finance Corp. 6.125% 2024 | 367 | 354 | |
Springleaf Finance Corp. 6.625% 2028 | 340 | 293 | |
Springleaf Finance Corp. 5.375% 2029 | 183 | 142 | |
Starwood Property Trust, Inc. 4.375% 20271 | 570 | 487 | |
60,445 | |||
Information technology 4.50% | |||
Almonde, Inc., Term Loan, (3-month USD-LIBOR + 7.25%) 10.621% 20252,3 | 3,674 | 3,024 | |
Applied Systems, Inc., Term Loan, (3-month USD-LIBOR + 5.50%) 9.174% 20252,3 | 607 | 599 | |
Black Knight, Inc. 3.625% 20281 | 410 | 351 | |
Block, Inc. 2.75% 2026 | 1,455 | 1,252 | |
Block, Inc. 3.50% 2031 | 1,675 | 1,302 | |
BMC Software, Inc. 7.125% 20251 | 180 | 177 | |
BMC Software, Inc. 9.125% 20261 | 240 | 231 | |
BMC Software, Inc., Term Loan, (3-month USD-LIBOR + 5.50%) 6.128% 20262,3 | 1,220 | 1,143 | |
Booz Allen Hamilton, Inc. 3.875% 20281 | 920 | 793 | |
Booz Allen Hamilton, Inc. 4.00% 20291 | 880 | 755 | |
CDK Global, Inc. 7.25% 20291 | 1,550 | 1,477 | |
Ciena Corp. 4.00% 20301 | 440 | 368 | |
CommScope Finance, LLC 6.00% 20261 | 430 | 397 | |
CommScope Finance, LLC 8.25% 20271 | 310 | 257 | |
CommScope Technologies, LLC 6.00% 20251 | 380 | 338 | |
CommScope Technologies, LLC 5.00% 20271 | 220 | 166 | |
Condor Merger Sub, Inc. 7.375% 20301 | 560 | 459 | |
Diebold Nixdorf AG, Term Loan B, (3-month USD-LIBOR + 2.75%) 5.50% 20232,3 | 1,626 | 1,336 | |
Diebold Nixdorf, Inc. 8.50% 2024 | 1,301 | 712 | |
Diebold Nixdorf, Inc. 9.375% 20251 | 7,304 | 5,569 | |
Diebold Nixdorf, Inc., Term Loan B, (3-month EUR-EURIBOR + 3.00%) 3.438% 20232,3 | EUR698 | 563 | |
Elastic NV 4.125% 20291 | USD350 | 277 | |
Entegris Escrow Corp. 4.75% 20291 | 790 | 698 | |
Fair Isaac Corp. 4.00% 20281 | 1,445 | 1,234 | |
Gartner, Inc. 4.50% 20281 | 2,098 | 1,879 | |
Gartner, Inc. 3.75% 20301 | 345 | 283 | |
GoDaddy Operating Co. 5.25% 20271 | 390 | 360 | |
GoDaddy Operating Co. 3.50% 20291 | 210 | 172 | |
Imola Merger Corp. 4.75% 20291 | 300 | 254 | |
MicroStrategy, Inc. 6.125% 20281 | 385 | 318 | |
MoneyGram International, Inc. 5.375% 20261 | 875 | 859 | |
NCR Corp. 5.00% 20281 | 105 | 83 | |
NCR Corp. 5.125% 20291 | 3,109 | 2,338 | |
Picard Midco, Inc. 6.50% 20291 | 730 | 618 | |
Rocket Software, Inc. 6.50% 20291 | 785 | 582 | |
Sabre GLBL, Inc. 7.375% 20251 | 48 | 43 | |
Sabre Holdings Corp. 9.25% 20251 | 338 | 324 | |
Synaptics, Inc. 4.00% 20291 | 375 | 303 | |
UKG, Inc., Term Loan B, (3-month USD-LIBOR + 3.25%) 5.535% 20262,3 | 466 | 442 | |
UKG, Inc., Term Loan, (3-month USD-LIBOR + 5.25%) 7.535% 20272,3 | 2,220 | 2,103 | |
Unisys Corp. 6.875% 20271 | 1,795 | 1,404 |
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Information technology (continued) | Principal amount (000) | Value (000) | |
VeriSign, Inc. 5.25% 2025 | USD132 | $132 | |
Veritas Holdings, Ltd. 7.50% 20251 | 285 | 219 | |
Viavi Solutions, Inc. 3.75% 20291 | 230 | 184 | |
Xerox Corp. 5.00% 20251 | 162 | 146 | |
Xerox Corp. 5.50% 20281 | 435 | 348 | |
36,872 | |||
Consumer staples 4.12% | |||
Albertsons Companies, Inc. 4.625% 20271 | 1,060 | 950 | |
Albertsons Companies, Inc. 5.875% 20281 | 190 | 176 | |
Albertsons Companies, Inc. 3.50% 20291 | 2,968 | 2,399 | |
Albertsons Companies, Inc. 4.875% 20301 | 335 | 284 | |
B&G Foods, Inc. 5.25% 2025 | 1,377 | 1,200 | |
B&G Foods, Inc. 5.25% 2027 | 1,893 | 1,537 | |
Central Garden & Pet Co. 4.125% 2030 | 1,060 | 846 | |
Central Garden & Pet Co. 4.125% 20311 | 1,005 | 792 | |
Coty, Inc. 5.00% 20261 | 700 | 638 | |
Coty, Inc. 6.50% 20261 | 320 | 295 | |
Coty, Inc. 4.75% 20291 | 1,070 | 907 | |
Darling Ingredients, Inc. 5.25% 20271 | 329 | 311 | |
Darling Ingredients, Inc. 6.00% 20301 | 1,445 | 1,378 | |
Edgewell Personal Care Co. 5.50% 20281 | 275 | 246 | |
Energizer Holdings, Inc. 4.375% 20291 | 545 | 406 | |
Ingles Markets, Inc. 4.00% 20311 | 345 | 282 | |
Kraft Heinz Company 3.875% 2027 | 275 | 257 | |
Kraft Heinz Company 4.375% 2046 | 306 | 239 | |
Kraft Heinz Company 5.50% 2050 | 440 | 397 | |
Kronos Acquisition Holdings, Inc. 5.00% 20261 | 1,953 | 1,716 | |
Kronos Acquisition Holdings, Inc. 7.00% 20271 | 2,800 | 2,148 | |
Lamb Weston Holdings, Inc. 4.875% 20281 | 260 | 236 | |
Lamb Weston Holdings, Inc. 4.125% 20301 | 2,500 | 2,120 | |
Lamb Weston Holdings, Inc. 4.375% 20321 | 810 | 671 | |
Nestle Skin Health SA, Term Loan B3, (3-month USD-LIBOR + 3.75%) 7.424% 20262,3 | 786 | 734 | |
Performance Food Group, Inc. 5.50% 20271 | 680 | 620 | |
Performance Food Group, Inc. 4.25% 20291 | 483 | 403 | |
Pilgrim’s Pride Corp. 5.875% 20271 | 720 | 702 | |
Post Holdings, Inc. 5.625% 20281 | 1,449 | 1,325 | |
Post Holdings, Inc. 5.50% 20291 | 811 | 702 | |
Post Holdings, Inc. 4.625% 20301 | 3,355 | 2,763 | |
Post Holdings, Inc. 4.50% 20311 | 1,350 | 1,090 | |
Prestige Brands International, Inc. 5.125% 20281 | 103 | 93 | |
Prestige Brands International, Inc. 3.75% 20311 | 1,275 | 992 | |
Simmons Foods, Inc. 4.625% 20291 | 993 | 814 | |
TreeHouse Foods, Inc. 4.00% 2028 | 1,415 | 1,130 | |
United Natural Foods, Inc. 6.75% 20281 | 1,700 | 1,558 | |
US Foods, Inc. 4.625% 20301 | 460 | 382 | |
33,739 | |||
Utilities 3.35% | |||
AmeriGas Partners, LP 5.875% 2026 | 275 | 250 | |
AmeriGas Partners, LP 5.75% 2027 | 352 | 317 | |
Calpine Corp. 4.50% 20281 | 150 | 132 | |
Calpine Corp. 5.125% 20281 | 518 | 446 | |
Calpine Corp. 3.75% 20311 | 500 | 392 |
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Utilities (continued) | Principal amount (000) | Value (000) | |
DPL, Inc. 4.125% 2025 | USD555 | $511 | |
Emera, Inc. 6.75% 2076 (3-month USD-LIBOR + 5.44% on 6/15/2026)6 | 1,155 | 1,100 | |
FirstEnergy Corp. 2.25% 2030 | 980 | 757 | |
FirstEnergy Corp. 2.65% 2030 | 624 | 505 | |
FirstEnergy Corp. 7.375% 2031 | 337 | 371 | |
FirstEnergy Corp. 3.40% 2050 | 470 | 308 | |
FirstEnergy Corp., Series C, 5.35% 20476 | 475 | 402 | |
FirstEnergy Transmission, LLC 2.866% 20281 | 265 | 226 | |
FirstEnergy Transmission, LLC 4.55% 20491 | 100 | 78 | |
NextEra Energy Partners, LP 4.25% 20241 | 122 | 117 | |
NGL Energy Partners, LP 7.50% 2026 | 650 | 497 | |
NRG Energy, Inc. 3.625% 20311 | 1,130 | 884 | |
Pacific Gas and Electric Co. 4.55% 2030 | 203 | 174 | |
Pacific Gas and Electric Co. 3.95% 2047 | 500 | 319 | |
Pacific Gas and Electric Co. 3.50% 2050 | 400 | 244 | |
PG&E Corp. 5.00% 2028 | 3,205 | 2,764 | |
PG&E Corp. 5.25% 2030 | 3,040 | 2,594 | |
Talen Energy Corp. 10.50% 20261,4 | 2,987 | 2,455 | |
Talen Energy Corp. 7.25% 20271 | 5,189 | 5,318 | |
Talen Energy Corp. 6.625% 20281 | 130 | 132 | |
Talen Energy Corp., Term Loan, (3-month USD CME Term SOFR + 4.75%) 7.48% 20232,3 | 3,085 | 3,097 | |
Talen Energy Corp., Term Loan B, (3-month USD-LIBOR + 3.75%) 6.274% 20262,3 | 500 | 507 | |
Talen Energy Supply, LLC 7.625% 20281 | 489 | 506 | |
Targa Resources Partners, LP 4.00% 2032 | 190 | 157 | |
Venture Global Calcasieu Pass, LLC 3.875% 20291 | 1,190 | 1,023 | |
Vistra Operations Co., LLC 3.55% 20241 | 231 | 220 | |
Vistra Operations Co., LLC 5.625% 20271 | 725 | 680 | |
27,483 | |||
Real estate 2.91% | |||
Brookfield Property REIT, Inc. 5.75% 20261 | 1,659 | 1,502 | |
Brookfield Property REIT, Inc. 4.50% 20271 | 194 | 159 | |
Diversified Healthcare Trust 4.375% 2031 | 200 | 130 | |
Forestar Group, Inc. 3.85% 20261 | 465 | 384 | |
Forestar Group, Inc. 5.00% 20281 | 92 | 74 | |
Howard Hughes Corp. 5.375% 20281 | 1,447 | 1,203 | |
Howard Hughes Corp. 4.125% 20291 | 2,043 | 1,583 | |
Howard Hughes Corp. 4.375% 20311 | 2,218 | 1,597 | |
Iron Mountain, Inc. 4.875% 20271 | 1,616 | 1,450 | |
Iron Mountain, Inc. 5.00% 20281 | 367 | 316 | |
Iron Mountain, Inc. 5.25% 20281 | 1,214 | 1,067 | |
Iron Mountain, Inc. 5.25% 20301 | 2,680 | 2,223 | |
Iron Mountain, Inc. 4.50% 20311 | 950 | 736 | |
Kennedy-Wilson Holdings, Inc. 4.75% 2029 | 2,505 | 1,918 | |
Kennedy-Wilson Holdings, Inc. 4.75% 2030 | 2,315 | 1,722 | |
Kennedy-Wilson Holdings, Inc. 5.00% 2031 | 2,265 | 1,647 | |
Ladder Capital Corp. 5.25% 20251 | 740 | 682 | |
Ladder Capital Corp. 4.75% 20291 | 100 | 75 | |
Medical Properties Trust, Inc. 5.00% 2027 | 638 | 552 | |
Medical Properties Trust, Inc. 3.50% 2031 | 239 | 167 | |
Park Intermediate Holdings, LLC 4.875% 20291 | 820 | 665 | |
Realogy Corp. 4.875% 20231 | 205 | 200 | |
Realogy Corp. 5.75% 20291 | 2,128 | 1,538 |
Bonds, notes & other debt instruments (continued) Corporate bonds, notes & loans (continued) Real estate (continued) | Principal amount (000) | Value (000) | |
Realogy Corp. 5.25% 20301 | USD922 | $628 | |
RHP Hotel Properties, LP / RHP Finance Corp. 4.50% 20291 | 535 | 445 | |
RLJ Lodging Trust, LP 4.00% 20291 | 800 | 628 | |
WeWork Companies, LLC 5.00% 20251 | 1,020 | 594 | |
23,885 | |||
Total corporate bonds, notes & loans | 733,726 | ||
Mortgage-backed obligations 0.08% Collateralized mortgage-backed obligations 0.08% | |||
Treehouse Park Improvement Association No.1 - Anleihen 9.75% 20331,7 | 712 | 631 | |
Total bonds, notes & other debt instruments (cost: $867,299,000) | 734,357 | ||
Convertible bonds & notes 0.06% Communication services 0.05% | |||
DISH DBS Corp., convertible notes, 3.375% 2026 | 635 | 438 | |
Energy 0.01% | |||
Mesquite Energy, Inc., convertible notes, 13.14% Cash 20231,5,7 | 79 | 79 | |
Total convertible bonds & notes (cost: $720,000) | 517 | ||
Convertible stocks 0.10% Financials 0.05% | Shares | ||
2020 Cash Mandatory Exchangeable Trust, convertible preferred shares, 5.25% 20231 | 411 | 463 | |
Utilities 0.05% | |||
PG&E Corp., convertible preferred units, 5.50% 2023 | 3,350 | 383 | |
Total convertible stocks (cost: $667,000) | 846 | ||
Common stocks 4.69% Health care 2.64% | |||
Rotech Healthcare, Inc.7,8,9 | 201,793 | 21,592 | |
Energy 1.23% | |||
Chesapeake Energy Corp. | 46,557 | 4,386 | |
Ascent Resources - Utica, LLC, Class A7,8,9 | 6,297,894 | 1,511 | |
Denbury, Inc.8 | 16,380 | 1,413 | |
Weatherford International8 | 40,159 | 1,297 | |
Diamond Offshore Drilling, Inc.8 | 110,972 | 736 | |
California Resources Corp. | 17,202 | 661 | |
McDermott International, Ltd.8 | 107,875 | 49 | |
Mesquite Energy, Inc.7,8 | 3,557 | 21 | |
Earthstone Energy, Inc., Class A8 | 1,340 | 16 | |
Constellation Oil Services Holding SA, Class B-17,8 | 3,449,949 | —10 | |
Bighorn Permian Resources, LLC7,8 | 2,894 | —10 | |
10,090 |
Common stocks (continued) Financials 0.37% | Shares | Value (000) | |
Jonah Energy Parent, LLC7 | 38,716 | $2,761 | |
Navient Corp. | 20,000 | 294 | |
3,055 | |||
Consumer discretionary 0.35% | |||
NMG Parent, LLC8 | 9,965 | 1,819 | |
MYT Holding Co., Class B7,8 | 608,846 | 1,065 | |
2,884 | |||
Information technology 0.05% | |||
MoneyGram International, Inc.8 | 41,400 | 431 | |
Communication services 0.05% | |||
Intelsat SA7,8 | 8,164 | 229 | |
iHeartMedia, Inc., Class A8 | 22,639 | 166 | |
395 | |||
Total common stocks (cost: $13,871,000) | 38,447 | ||
Preferred securities 0.32% Consumer discretionary 0.28% | |||
MYT Holdings, LLC, Series A, preferred shares, 10.00% 20297,8 | 2,095,904 | 2,295 | |
Industrials 0.04% | |||
ACR III LSC Holdings, LLC, Series B, preferred shares1,7,8 | 1,022 | 326 | |
Total preferred securities (cost: $2,933,000) | 2,621 | ||
Rights & warrants 0.22% Consumer discretionary 0.17% | |||
NMG Parent, LLC, warrants, expire 20278 | 27,111 | 1,362 | |
Energy 0.05% | |||
Chesapeake Energy Corp., Class B, warrants, expire 20268 | 2,867 | 227 | |
Chesapeake Energy Corp., Class A, warrants, expire 20268 | 1,440 | 115 | |
Chesapeake Energy Corp., Class C, warrants, expire 20268 | 1,102 | 79 | |
421 | |||
Communication services 0.00% | |||
Intelsat Jackson Holdings SA (CVR), Series A7,8 | 855 | 5 | |
Intelsat Jackson Holdings SA (CVR), Series B7,8 | 855 | 5 | |
10 | |||
Total rights & warrants (cost: $699,000) | 1,793 |
Short-term securities 3.57% Money market investments 3.57% | Shares | Value (000) | |
Capital Group Central Cash Fund 2.81%11,12 | 292,580 | $29,255 | |
Total short-term securities (cost: $29,246,000) | 29,255 | ||
Total investment securities 98.56% (cost: $915,435,000) | 807,836 | ||
Other assets less liabilities 1.44% | 11,763 | ||
Net assets 100.00% | $819,599 |
Contracts | Type | Number of contracts | Expiration | Notional amount (000) | Value and unrealized appreciation at 9/30/2022 (000) |
5 Year U.S. Treasury Note Futures | Short | 12 | December 2022 | USD(1,290) | $45 |
10 Year U.S. Treasury Note Futures | Short | 14 | December 2022 | (1,569) | 78 |
30 Year Ultra U.S. Treasury Bond Futures | Short | 1 | December 2022 | (137) | 12 |
$135 |
Reference index | Financing rate paid | Payment frequency | Expiration date | Notional amount (000) | Value at 9/30/2022 (000) | Upfront premium (received) paid (000) | Unrealized appreciation (depreciation) at 9/30/2022 (000) | ||
CDX.NA.HY.38 | 5.00% | Quarterly | 6/20/2027 | USD1,856 | $44 | $(14) | $58 | ||
CDX.NA.HY.39 | 5.00% | Quarterly | 12/20/2027 | 13,425 | 563 | 609 | (46) | ||
$607 | $595 | $12 |
Financing rate received | Payment frequency | Reference index | Expiration date | Notional amount13 (000) | Value at 9/30/202214 (000) | Upfront premium paid (000) | Unrealized depreciation at 9/30/2022 (000) |
5.00% | Quarterly | CDX.NA.HY.37 | 12/20/2026 | USD4,109 | $(41) | $27 | $(68) |
Value of affiliate at 1/1/2022 (000) | Additions (000) | Reductions (000) | Net realized loss (000) | Net unrealized appreciation (000) | Value of affiliate at 9/30/2022 (000) | Dividend income (000) | |
Short-term securities 3.57% | |||||||
Money market investments 3.57% | |||||||
Capital Group Central Cash Fund 2.81%11 | $17,238 | $174,413 | $162,393 | $(9) | $6 | $29,255 | $267 |
Acquisition date | Cost (000) | Value (000) | Percent of net assets | |||
Rotech Healthcare, Inc.7,8 | 9/26/2013 | $4,331 | $21,592 | 2.64% | ||
Ascent Resources - Utica, LLC, Class A7,8 | 11/15/2016 | 302 | 1,511 | .18 | ||
Total | $4,633 | $23,103 | 2.82% |
1 | Acquired in a transaction exempt from registration under Rule 144A of the Securities Act of 1933. May be resold in the U.S. in transactions exempt from registration, normally to qualified institutional buyers. The total value of all such securities was $544,355,000, which represented 66.42% of the net assets of the fund. |
2 | Loan participations and assignments; may be subject to legal or contractual restrictions on resale. The total value of all such loans was $24,582,000, which represented 3.00% of the net assets of the fund. |
3 | Coupon rate may change periodically. Reference rate and spread are as of the most recent information available. Some coupon rates are determined by the issuer or agent based on current market conditions; therefore, the reference rate and spread are not available. |
4 | Scheduled interest and/or principal payment was not received. |
5 | Payment in kind; the issuer has the option of paying additional securities in lieu of cash. Payment methods and rates are as of the most recent payment when available. |
6 | Step bond; coupon rate may change at a later date. |
7 | Value determined using significant unobservable inputs. |
8 | Security did not produce income during the last 12 months. |
9 | Restricted security, other than Rule 144A, subject to legal or contractual restrictions on resale, including private placement securities not registered under the Securities Act of 1933. The total value of all such restricted securities was $23,103,000, which represented 2.82% of the net assets of the fund. |
10 | Amount less than one thousand. |
11 | Rate represents the seven-day yield at 9/30/2022. |
12 | Part of the same “group of investment companies“ as the fund as defined under the Investment Company Act of 1940, as amended. |
13 | The maximum potential amount the fund may pay as a protection seller should a credit event occur. |
14 | The prices and resulting values for credit default swap indices serve as an indicator of the current status of the payment/performance risk. As the value of a sell protection credit default swap increases or decreases, when compared to the notional amount of the swap, the payment/performance risk may decrease or increase, respectively. |
Key to abbreviations |
CME = CME Group |
CVR = Contingent Value Rights |
DAC = Designated Activity Company |
EUR = Euros |
EURIBOR = Euro Interbank Offered Rate |
LIBOR = London Interbank Offered Rate |
PIK = Payment In Kind |
REIT = Real Estate Investment Trust |
SOFR = Secured Overnight Financing Rate |
USD = U.S. dollars |
Bonds, notes & other debt instruments 98.31% Mortgage-backed obligations 75.64% Federal agency mortgage-backed obligations 71.82% | Principal amount (000) | Value (000) | |
Fannie Mae Pool #695412 5.00% 20331 | USD—2 | $—2 | |
Fannie Mae Pool #AD3566 5.00% 20351 | 2 | 2 | |
Fannie Mae Pool #256583 5.00% 20361 | 33 | 32 | |
Fannie Mae Pool #AC0794 5.00% 20391 | 5 | 5 | |
Fannie Mae Pool #931768 5.00% 20391 | 1 | 1 | |
Fannie Mae Pool #932606 5.00% 20401 | 2 | 2 | |
Fannie Mae Pool #MA4501 2.00% 20411 | 378 | 317 | |
Fannie Mae Pool #MA4387 2.00% 20411 | 19 | 16 | |
Fannie Mae Pool #AJ1873 4.00% 20411 | 7 | 6 | |
Fannie Mae Pool #AE1248 5.00% 20411 | 9 | 9 | |
Fannie Mae Pool #AE1274 5.00% 20411 | 7 | 7 | |
Fannie Mae Pool #AE1277 5.00% 20411 | 5 | 5 | |
Fannie Mae Pool #AE1283 5.00% 20411 | 2 | 2 | |
Fannie Mae Pool #MA4540 2.00% 20421 | 540 | 452 | |
Fannie Mae Pool #MA4570 2.00% 20421 | 122 | 102 | |
Fannie Mae Pool #AE1290 5.00% 20421 | 4 | 4 | |
Fannie Mae Pool #AT0300 3.50% 20431 | 2 | 2 | |
Fannie Mae Pool #AT3954 3.50% 20431 | 2 | 2 | |
Fannie Mae Pool #AY1829 3.50% 20441 | 2 | 2 | |
Fannie Mae Pool #FM9416 3.50% 20451 | 385 | 353 | |
Fannie Mae Pool #BJ5015 4.00% 20471 | 40 | 38 | |
Fannie Mae Pool #BH3122 4.00% 20471 | 1 | 1 | |
Fannie Mae Pool #BK6840 4.00% 20481 | 27 | 26 | |
Fannie Mae Pool #BK5232 4.00% 20481 | 20 | 19 | |
Fannie Mae Pool #BK9743 4.00% 20481 | 8 | 7 | |
Fannie Mae Pool #BK9761 4.50% 20481 | 5 | 5 | |
Fannie Mae Pool #FM3280 3.50% 20491 | 101 | 93 | |
Fannie Mae Pool #CA5968 2.50% 20501 | 55 | 47 | |
Fannie Mae Pool #CA5496 3.00% 20501,3 | 1,247 | 1,104 | |
Fannie Mae Pool #FM9492 2.50% 20511 | 473 | 401 | |
Fannie Mae Pool #FM9804 2.50% 20511 | 254 | 216 | |
Fannie Mae Pool #FM9694 2.50% 20511 | 236 | 201 | |
Fannie Mae Pool #FM7687 3.00% 20511 | 284 | 250 | |
Fannie Mae Pool #CB0041 3.00% 20511 | 216 | 190 | |
Fannie Mae Pool #FM9976 3.00% 20511 | 102 | 91 | |
Fannie Mae Pool #CB2544 3.00% 20521 | 288 | 252 | |
Fannie Mae Pool #BF0379 3.50% 20591 | 151 | 137 | |
Fannie Mae Pool #BF0497 3.00% 20601 | 55 | 48 | |
Fannie Mae Pool #BF0481 3.50% 20601 | 180 | 163 | |
Freddie Mac Pool #A18781 5.00% 20341,3 | 639 | 644 | |
Freddie Mac Pool #RB5138 2.00% 20411 | 104 | 87 | |
Freddie Mac Pool #RB5148 2.00% 20421 | 607 | 508 | |
Freddie Mac Pool #RB5145 2.00% 20421 | 96 | 80 | |
Freddie Mac Pool #Q15874 4.00% 20431 | 1 | 1 | |
Freddie Mac Pool #760014 2.77% 20451,4 | 347 | 339 |
Bonds, notes & other debt instruments (continued) Mortgage-backed obligations (continued) Federal agency mortgage-backed obligations (continued) | Principal amount (000) | Value (000) | |
Freddie Mac Pool #760012 3.113% 20451,4 | USD40 | $39 | |
Freddie Mac Pool #760013 3.202% 20451,4 | 24 | 24 | |
Freddie Mac Pool #760015 2.546% 20471,4 | 65 | 63 | |
Freddie Mac Pool #Q52069 3.50% 20471 | 31 | 28 | |
Freddie Mac Pool #Q47615 3.50% 20471 | 18 | 17 | |
Freddie Mac Pool #Q56599 4.00% 20481 | 29 | 27 | |
Freddie Mac Pool #Q55971 4.00% 20481 | 20 | 19 | |
Freddie Mac Pool #Q56175 4.00% 20481 | 19 | 18 | |
Freddie Mac Pool #Q55970 4.00% 20481 | 10 | 9 | |
Freddie Mac Pool #Q58411 4.50% 20481 | 55 | 54 | |
Freddie Mac Pool #Q58436 4.50% 20481 | 29 | 28 | |
Freddie Mac Pool #Q58378 4.50% 20481 | 21 | 20 | |
Freddie Mac Pool #RA1339 3.00% 20491,3 | 1,563 | 1,378 | |
Freddie Mac Pool #QA2748 3.50% 20491 | 20 | 18 | |
Freddie Mac Pool #RA6406 2.00% 20511 | 81 | 66 | |
Freddie Mac Pool #SD7550 3.00% 20521 | 414 | 367 | |
Freddie Mac Pool #SD0873 3.50% 20521,3 | 1,238 | 1,128 | |
Freddie Mac Pool #RA7938 5.00% 20521 | 720 | 703 | |
Freddie Mac, Series K749, Class A2, Multi Family, 2.12% 20291 | 131 | 114 | |
Freddie Mac, Series K143, Class A2, Multi Family, 2.35% 20321 | 275 | 230 | |
Freddie Mac, Series K144, Class A2, Multi Family, 2.45% 20321 | 100 | 84 | |
Freddie Mac, Series K151, Class A2, Multi Family, 3.80% 20321 | 100 | 93 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-2, Class MA, 3.00% 20561 | 215 | 202 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-2, Class HA, 3.00% 20561,4 | 159 | 149 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-1, Class HA, 3.00% 20561,4 | 138 | 130 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-3, Class HT, 3.25% 20561 | 103 | 94 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2018-1, Class HT, 3.00% 20571 | 114 | 102 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-4, Class HT, 3.25% 20571,4 | 99 | 91 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2018-3, Class MA, 3.50% 20571 | 153 | 146 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2019-2, Class MT, 3.50% 20581 | 31 | 29 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2019-3, Class MT, 3.50% 20581 | 19 | 17 | |
Freddie Mac Seasoned Loan Structured Transaction Trust, Series 2018-1, Class A1, 3.50% 20281 | 317 | 303 | |
Freddie Mac Seasoned Loan Structured Transaction Trust, Series 2018-2, Class A1, 3.50% 20281 | 15 | 14 | |
Freddie Mac Seasoned Loan Structured Transaction Trust, Series 2022-1, Class A1, 3.50% 20321 | 478 | 456 | |
Government National Mortgage Assn. 2.00% 20521,5 | 175 | 146 | |
Government National Mortgage Assn. 2.50% 20521,5 | 207 | 178 | |
Government National Mortgage Assn. 3.00% 20521,5 | 658 | 582 | |
Government National Mortgage Assn. 3.50% 20521,5 | 298 | 271 | |
Government National Mortgage Assn. 4.50% 20521,5 | 2,837 | 2,716 | |
Government National Mortgage Assn. 5.00% 20521,5 | 9,340 | 9,144 | |
Government National Mortgage Assn. 5.50% 20521,5 | 388 | 388 | |
Government National Mortgage Assn. 5.50% 20521,5 | 185 | 184 | |
Government National Mortgage Assn. Pool #AH5894 3.75% 20341 | 703 | 682 | |
Government National Mortgage Assn. Pool #AD0028 3.75% 20381 | 544 | 516 | |
Government National Mortgage Assn. Pool #AH5897 3.75% 20391 | 530 | 502 | |
Government National Mortgage Assn. Pool #004410 4.00% 20391 | 55 | 50 | |
Government National Mortgage Assn. Pool #783690 6.00% 20391 | 88 | 93 | |
Government National Mortgage Assn. Pool #004823 4.00% 20401 | 83 | 76 | |
Government National Mortgage Assn. Pool #005142 4.50% 20411 | 12 | 11 | |
Government National Mortgage Assn. Pool #005104 5.00% 20411 | 171 | 170 | |
Government National Mortgage Assn. Pool #005165 6.50% 20411 | 84 | 85 | |
Government National Mortgage Assn. Pool #MA0366 3.50% 20421 | 199 | 178 | |
Government National Mortgage Assn. Pool #AA5326 3.50% 20421 | 133 | 120 | |
Government National Mortgage Assn. Pool #AD4360 3.50% 20431 | 91 | 83 |
Bonds, notes & other debt instruments (continued) Mortgage-backed obligations (continued) Federal agency mortgage-backed obligations (continued) | Principal amount (000) | Value (000) | |
Government National Mortgage Assn. Pool #AH5884 4.25% 20441,3 | USD1,114 | $1,060 | |
Government National Mortgage Assn. Pool #AO0409 4.62% 20651 | 136 | 134 | |
Government National Mortgage Assn. Pool #AN1825 4.631% 20651 | 230 | 228 | |
Government National Mortgage Assn. Pool #AO0461 4.632% 20651 | 68 | 68 | |
Government National Mortgage Assn. Pool #AO0385 4.503% 20661 | 539 | 532 | |
Government National Mortgage Assn. Pool #725897 5.20% 20661 | 1 | 1 | |
Uniform Mortgage-Backed Security 4.00% 20371,5 | 125 | 121 | |
Uniform Mortgage-Backed Security 2.00% 20521,5 | 3,616 | 2,929 | |
Uniform Mortgage-Backed Security 2.50% 20521,5 | 3,081 | 2,585 | |
Uniform Mortgage-Backed Security 2.50% 20521,5 | 700 | 586 | |
Uniform Mortgage-Backed Security 3.50% 20521,5 | 1,278 | 1,150 | |
Uniform Mortgage-Backed Security 3.50% 20521,5 | 610 | 549 | |
Uniform Mortgage-Backed Security 4.00% 20521,5 | 5,800 | 5,379 | |
Uniform Mortgage-Backed Security 4.00% 20521,5 | 3,066 | 2,845 | |
Uniform Mortgage-Backed Security 4.50% 20521,5 | 4,880 | 4,650 | |
Uniform Mortgage-Backed Security 4.50% 20521,5 | 425 | 405 | |
Uniform Mortgage-Backed Security 5.00% 20521,5 | 2,485 | 2,421 | |
Uniform Mortgage-Backed Security 5.50% 20521,5 | 7,903 | 7,858 | |
Uniform Mortgage-Backed Security 5.50% 20521,5 | 639 | 634 | |
Uniform Mortgage-Backed Security 6.00% 20521,5 | 185 | 188 | |
63,027 | |||
Collateralized mortgage-backed obligations (privately originated) 2.01% | |||
Cascade Funding Mortgage Trust, Series 2020-HB4, Class A, 0.946% 20301,4,6 | 84 | 82 | |
Cascade Funding Mortgage Trust, Series 2021-HB7, Class A, 1.151% 20311,4,6 | 100 | 94 | |
Cascade Funding Mortgage Trust, Series 2021-HB6, Class A, 0.898% 20361,4,6 | 327 | 312 | |
CIM Trust, Series 2022-R2, Class A1, 3.75% 20611,4,6 | 187 | 177 | |
COLT Funding, LLC, Series 2021-5, Class A1, 1.726% 20661,4,6 | 90 | 76 | |
Credit Suisse Mortgage Trust, Series 2017-RPL3, Class A1, 2.00% 20601,4,6 | 163 | 143 | |
GCAT, Series 2021-NQM6, Class A1, 1.855% 20661,4,6 | 100 | 87 | |
GS Mortgage-Backed Securities Trust, Series 2022-PJ5, Class A4, 2.50% 20521,4,6 | 215 | 180 | |
Mello Warehouse Securitization Trust, Series 2021-3, Class A, (1-month USD-LIBOR + 0.85%) 3.934% 20551,4,6 | 175 | 169 | |
Mill City Mortgage Trust, Series 15-1, Class M2, 3.643% 20561,4,6 | 48 | 47 | |
Onslow Bay Financial Mortgage Loan Trust, Series 2022-J1, Class A2, 2.50% 20521,4,6 | 139 | 111 | |
Reverse Mortgage Investment Trust, Series 2021-HB1, Class A, 1.259% 20311,4,6 | 107 | 103 | |
Towd Point Mortgage Trust, Series 2015-4, Class M2, 3.75% 20551,4,6 | 100 | 99 | |
Towd Point Mortgage Trust, Series 2015-4, Class M1, 3.75% 20551,4,6 | 24 | 24 | |
Towd Point Mortgage Trust, Series 2016-5, Class A1, 2.50% 20561,4,6 | 51 | 50 | |
Towd Point Mortgage Trust, Series 2017-5, Class A1, 3.684% 20571,4,6 | 11 | 11 | |
1,765 | |||
Commercial mortgage-backed securities 1.81% | |||
Boca Commercial Mortgage Trust, Series 2022-BOCA, Class A, (1-month USD CME Term SOFR + 1.77%) 4.615% 20391,4,6 | 100 | 98 | |
BX Trust, Series 2022-CSMO, Class A, (1-month USD CME Term SOFR + 2.115%) 4.96% 20271,4,6 | 100 | 99 | |
BX Trust, Series 2021-VOLT, Class A, (1-month USD-LIBOR + 0.70%) 3.518% 20361,4,6 | 100 | 96 | |
BX Trust, Series 2021-ARIA, Class A, (1-month USD-LIBOR + 0.899%) 3.717% 20361,4,6 | 606 | 576 | |
LUXE Commercial Mortgage Trust, Series 2021-TRIP, Class A, (1-month USD-LIBOR + 1.05%) 3.868% 20381,4,6 | 475 | 460 | |
MHC Commercial Mortgage Trust, CMO, Series 2021-MHC, Class A, (1-month USD-LIBOR + 0.801%) 3.619% 20261,4,6 | 273 | 263 | |
1,592 | |||
Total mortgage-backed obligations | 66,384 |
Bonds, notes & other debt instruments (continued) U.S. Treasury bonds & notes 17.42% U.S. Treasury inflation-protected securities 14.24% | Principal amount (000) | Value (000) | |
U.S. Treasury Inflation-Protected Security 0.125% 20237 | USD710 | $703 | |
U.S. Treasury Inflation-Protected Security 0.375% 20237 | 519 | 510 | |
U.S. Treasury Inflation-Protected Security 0.625% 20237 | 353 | 348 | |
U.S. Treasury Inflation-Protected Security 0.125% 20247 | 654 | 631 | |
U.S. Treasury Inflation-Protected Security 0.125% 20247 | 107 | 103 | |
U.S. Treasury Inflation-Protected Security 0.50% 20247 | 2,013 | 1,954 | |
U.S. Treasury Inflation-Protected Security 0.625% 20243,7 | 6,527 | 6,370 | |
U.S. Treasury Inflation-Protected Security 0.125% 20257 | 126 | 119 | |
U.S. Treasury Inflation-Protected Security 0.125% 20267 | 65 | 61 | |
U.S. Treasury Inflation-Protected Security 0.125% 20317 | 1,195 | 1,044 | |
U.S. Treasury Inflation-Protected Security 0.75% 20427 | 424 | 341 | |
U.S. Treasury Inflation-Protected Security 1.00% 20497 | 383 | 312 | |
12,496 | |||
U.S. Treasury 3.18% | |||
U.S. Treasury 0.875% 2024 | 10 | 10 | |
U.S. Treasury 3.00% 2024 | 505 | 494 | |
U.S. Treasury 1.25% 2028 | 415 | 356 | |
U.S. Treasury 1.50% 2028 | 150 | 129 | |
U.S. Treasury 1.25% 2031 | 443 | 358 | |
U.S. Treasury 1.875% 2032 | 10 | 8 | |
U.S. Treasury 1.875% 20413 | 775 | 550 | |
U.S. Treasury 2.375% 20423 | 150 | 115 | |
U.S. Treasury 3.25% 20423 | 60 | 53 | |
U.S. Treasury 1.625% 20503 | 620 | 385 | |
U.S. Treasury 1.875% 20513 | 505 | 334 | |
2,792 | |||
Total U.S. Treasury bonds & notes | 15,288 | ||
Asset-backed obligations 4.42% | |||
Ballyrock CLO, Ltd., Series 2019-2A, Class A1AR, (3-month USD-LIBOR + 1.00%) 3.984% 20301,4,6 | 250 | 246 | |
Bankers Healthcare Group Securitization Trust, Series 2021-A, Class A, 1.42% 20331,6 | 59 | 55 | |
Bankers Healthcare Group Securitization Trust, Series 2021-B, Class A, 0.90% 20341,6 | 61 | 58 | |
CF Hippolyta, LLC, Series 2020-1, Class A1, 1.69% 20601,6 | 290 | 258 | |
CF Hippolyta, LLC, Series 2021-1, Class A1, 1.53% 20611,6 | 426 | 367 | |
CPS Auto Receivables Trust, Series 2022-B, Class A, 2.88% 20261,6 | 82 | 80 | |
Discover Card Execution Note Trust, Series 2022-A3, Class A3, 3.56% 20271 | 56 | 55 | |
FirstKey Homes Trust, Series 2022-SFR2, Class A, 4.145% 20391,6 | 100 | 94 | |
Hertz Vehicle Financing III, LLC, Series 2021-1A, Class A, 1.21% 20251,6 | 86 | 79 | |
Navient Student Loan Trust, Series 2021-A, Class A, 0.84% 20691,6 | 123 | 108 | |
Navient Student Loan Trust, Series 2021-C, Class A, 1.06% 20691,6 | 224 | 193 | |
Navient Student Loan Trust, Series 2021-FA, Class A, 1.11% 20701,6 | 207 | 175 | |
Nelnet Student Loan Trust, Series 2021-A, Class APT1, 1.36% 20621,6 | 204 | 180 | |
Nelnet Student Loan Trust, Series 2021-B, Class AFX, 1.42% 20621,6 | 742 | 662 | |
Nelnet Student Loan Trust, Series 2021-C, Class AFL, (1-month USD-LIBOR + 0.74%) 3.733% 20621,4,6 | 556 | 538 | |
New Economy Assets Phase 1 Issuer, LLC, Series 2021-1, Class A1, 1.91% 20611,6 | 530 | 450 | |
Santander Drive Auto Receivables Trust, Series 2022-6, Class A2, 4.37% 20251 | 35 | 35 | |
Sound Point CLO, Ltd., Series 2015-1RA, Class AR, (3-month USD-LIBOR + 1.08%) 3.592% 20301,4,6 | 250 | 246 | |
3,879 |
Bonds, notes & other debt instruments (continued) Bonds & notes of governments & government agencies outside the U.S. 0.56% | Principal amount (000) | Value (000) | |
CPPIB Capital, Inc. 0.875% 20266 | USD320 | $277 | |
Ontario Teachers’ Finance Trust 0.875% 20266 | 250 | 216 | |
493 | |||
Federal agency bonds & notes 0.27% | |||
Fannie Mae 0.875% 2030 | 300 | 235 | |
Total bonds, notes & other debt instruments (cost: $91,754,000) | 86,279 | ||
Short-term securities 53.14% Federal agency bills & notes 25.61% | Weighted average yield at acquisition | ||
Fannie Mae 10/19/2022 | 2.544% | 4,250 | 4,245 |
Federal Farm Credit Banks 11/8/2022 | 2.230 | 1,500 | 1,496 |
Federal Home Loan Bank 10/5/2022 | 2.102 | 4,800 | 4,799 |
Federal Home Loan Bank 10/7/2022 | 2.360 | 1,000 | 1,000 |
Federal Home Loan Bank 10/31/2022 | 2.520 | 1,000 | 998 |
Federal Home Loan Bank 12/12/2022 | 3.085 | 10,000 | 9,939 |
22,477 | |||
Commercial paper 15.00% | |||
Amazon.com, Inc. 12/14/20226 | 3.520 | 2,000 | 1,986 |
Apple, Inc. 11/2/20226 | 3.050 | 1,000 | 997 |
Apple, Inc. 11/9/20226 | 3.100 | 1,000 | 997 |
Chariot Funding, LLC 10/11/20226 | 2.680 | 1,000 | 999 |
Honeywell International, Inc. 10/17/20226 | 2.050 | 2,000 | 1,997 |
Paccar Financial Corp. 10/6/2022 | 2.560 | 500 | 500 |
Paccar Financial Corp. 10/12/2022 | 2.700 | 1,000 | 999 |
Procter & Gamble Co. 11/9/20226 | 2.570 | 1,500 | 1,495 |
Starbird Funding Corp. 10/3/20226 | 3.000 | 2,200 | 2,199 |
Wal-Mart Stores, Inc. 10/31/20226 | 2.987 | 1,000 | 997 |
13,166 | |||
U.S. Treasury bills 12.53% | |||
U.S. Treasury 10/4/2022 | 2.326 | 1,000 | 1,000 |
U.S. Treasury 10/11/2022 | 2.387 | 7,000 | 6,996 |
U.S. Treasury 10/18/2022 | 2.482 | 3,000 | 2,997 |
10,993 | |||
Total short-term securities (cost: $46,636,000) | 46,636 | ||
Total investment securities 151.45% (cost: $138,390,000) | 132,915 | ||
Other assets less liabilities (51.45)% | (45,151) | ||
Net assets 100.00% | $87,764 |
Contracts | Type | Number of contracts | Expiration | Notional amount (000) | Value and unrealized appreciation (depreciation) at 9/30/2022 (000) |
30 Day Federal Funds Futures | Long | 68 | December 2022 | USD27,286 | $3 |
3 Month SOFR Futures | Short | 12 | June 2023 | (2,867) | 35 |
2 Year U.S. Treasury Note Futures | Short | 15 | December 2022 | (3,081) | 49 |
5 Year U.S. Treasury Note Futures | Long | 159 | December 2022 | 17,094 | (574) |
10 Year Ultra U.S. Treasury Note Futures | Long | 61 | December 2022 | 7,227 | (450) |
10 Year U.S. Treasury Note Futures | Long | 9 | December 2022 | 1,008 | (50) |
20 Year U.S. Treasury Bond Futures | Long | 15 | December 2022 | 1,896 | (120) |
30 Year Ultra U.S. Treasury Bond Futures | Long | 4 | December 2022 | 548 | (26) |
$(1,133) |
Receive | Pay | Expiration date | Notional amount (000) | Value at 9/30/2022 (000) | Upfront premium paid (000) | Unrealized appreciation at 9/30/2022 (000) | ||
Rate | Payment frequency | Rate | Payment frequency | |||||
3-month USD-LIBOR | Quarterly | 0.81% | Semi-annual | 7/28/2045 | USD1,800 | $775 | $5 | $770 |
1 | Principal payments may be made periodically. Therefore, the effective maturity date may be earlier than the stated maturity date. |
2 | Amount less than one thousand. |
3 | All or a portion of this security was pledged as collateral. The total value of pledged collateral was $1,798,000, which represented 2.05% of the net assets of the fund. |
4 | Coupon rate may change periodically. Reference rate and spread are as of the most recent information available. Some coupon rates are determined by the issuer or agent based on current market conditions; therefore, the reference rate and spread are not available. For short-term securities, the date of the next scheduled coupon rate change is considered to be the maturity date. |
5 | Purchased on a TBA basis. |
6 | Acquired in a transaction exempt from registration under Rule 144A or Section 4(2) of the Securities Act of 1933. May be resold in the U.S. in transactions exempt from registration, normally to qualified institutional buyers. The total value of all such securities was $19,306,000, which represented 22.00% of the net assets of the fund. |
7 | Index-linked bond whose principal amount moves with a government price index. |
Key to abbreviations |
Assn. = Association |
CLO = Collateralized Loan Obligations |
CME = CME Group |
CMO = Collateralized Mortgage Obligations |
LIBOR = London Interbank Offered Rate |
SOFR = Secured Overnight Financing Rate |
TBA = To be announced |
USD = U.S. dollars |
Short-term securities 97.30% Commercial paper 77.52% | Weighted average yield at acquisition | Principal amount (000) | Value (000) |
Amazon.com, Inc. 12/14/20221 | 3.520% | USD10,000 | $9,929 |
Apple, Inc. 11/2/20221 | 3.050 | 5,000 | 4,986 |
Apple, Inc. 11/9/20221 | 3.100 | 9,000 | 8,969 |
Australia & New Zealand Banking Group, Ltd. 11/10/20221 | 2.769 | 8,000 | 7,971 |
Bank of Montreal 10/17/20221 | 2.470 | 10,000 | 9,985 |
BNG Bank NV 10/11/20221 | 2.223 | 10,000 | 9,991 |
Chariot Funding, LLC 10/11/20221 | 2.680 | 10,000 | 9,991 |
DBS Bank, Ltd. 11/21/20221 | 3.300 | 10,000 | 9,952 |
EssilorLuxottica 10/24/20221 | 3.055 | 10,000 | 9,980 |
European Investment Bank 10/11/2022 | 2.187 | 8,000 | 7,993 |
Gotham Funding Corp. 10/13/20221 | 2.730 | 8,200 | 8,191 |
Henkel of America, Inc. 12/27/20221 | 3.550 | 10,000 | 9,914 |
ING (U.S.) Funding, LLC 10/31/20221 | 3.050 | 10,350 | 10,322 |
International Bank for Reconstruction and Development 10/24/2022 | 2.474 | 5,000 | 4,991 |
KfW 12/8/20221 | 3.350 | 12,000 | 11,929 |
LMA-Americas, LLC 10/3/20221 | 3.000 | 3,007 | 3,006 |
LMA-Americas, LLC 10/7/20221 | 2.960 | 10,000 | 9,994 |
L’Oréal USA, Inc. 11/16/20221 | 3.160 | 12,750 | 12,697 |
Manhattan Asset Funding Company, LLC 10/6/20221 | 2.700 | 4,250 | 4,248 |
Manhattan Asset Funding Company, LLC 12/15/20221 | 3.650 | 5,141 | 5,102 |
Mizuho Bank, Ltd. 10/18/20221 | 2.715 | 10,000 | 9,985 |
Nestlé Finance International, Ltd. 10/13/20221 | 2.850 | 7,550 | 7,542 |
Nordea Bank AB 10/26/20221 | 2.735 | 6,700 | 6,685 |
Novartis Finance Corp. 10/11/20221 | 3.000 | 10,000 | 9,991 |
Novartis Finance Corp. 10/24/20221 | 3.060 | 5,000 | 4,990 |
NRW.Bank 10/13/20221 | 2.540 | 10,000 | 9,989 |
Oesterreich Kontrollbank 11/21/2022 | 3.280 | 8,000 | 7,962 |
Old Line Funding, LLC 10/14/20221 | 2.660 | 5,657 | 5,650 |
Old Line Funding, LLC 11/15/20221 | 3.234 | 7,000 | 6,970 |
Ontario (Province of) 10/24/2022 | 3.050 | 10,000 | 9,980 |
Procter & Gamble Co. 10/14/20221 | 2.450 | 10,400 | 10,388 |
Québec (Province of) 10/27/20221 | 3.080 | 10,000 | 9,978 |
Sumitomo Mitsui Trust Bank, Ltd. 10/24/20221 | 3.080 | 10,000 | 9,979 |
Svenska Handelsbanken AB 10/27/20221 | 2.700 | 10,000 | 9,977 |
Toronto-Dominion Bank 10/28/20221 | 3.050 | 10,000 | 9,976 |
TotalEnergies Capital Canada, Ltd. 10/21/20221 | 3.060 | 10,000 | 9,981 |
Toyota Industries Commercial Finance, Inc. 10/20/20221 | 2.600 | 7,000 | 6,988 |
Toyota Motor Credit Corp. 10/17/2022 | 2.660 | 6,800 | 6,790 |
Victory Receivables Corp. 12/1/20221 | 3.600 | 5,000 | 4,968 |
Wal-Mart Stores, Inc. 10/11/20221 | 2.950 | 10,000 | 9,991 |
338,901 | |||
Federal agency bills & notes 17.50% | |||
Federal Home Loan Bank 10/12/2022 | 2.245 | 10,000 | 9,993 |
Federal Home Loan Bank 10/13/2022 | 1.907 | 5,000 | 4,996 |
Federal Home Loan Bank 10/26/2022 | 3.005 | 8,500 | 8,485 |
Short-term securities (continued) Federal agency bills & notes (continued) | Weighted average yield at acquisition | Principal amount (000) | Value (000) |
Federal Home Loan Bank 11/2/2022 | 2.468% | USD15,000 | $14,966 |
Federal Home Loan Bank 11/8/2022 | 3.080 | 9,300 | 9,274 |
Federal Home Loan Bank 12/5/2022 | 3.300 | 5,000 | 4,973 |
Federal Home Loan Bank 12/23/2022 | 3.432 | 10,000 | 9,928 |
Federal Home Loan Bank 12/28/2022 | 3.480 | 14,000 | 13,888 |
76,503 | |||
U.S. Treasury bills 2.28% | |||
U.S. Treasury 10/18/2022 | 1.936 | 10,000 | 9,990 |
Total short-term securities (cost: $425,420,000) | 425,394 | ||
Total investment securities 97.30% (cost: $425,420,000) | 425,394 | ||
Other assets less liabilities 2.70% | 11,787 | ||
Net assets 100.00% | $437,181 |
1 | Acquired in a transaction exempt from registration under Rule 144A or Section 4(2) of the Securities Act of 1933. May be resold in the U.S. in transactions exempt from registration, normally to qualified institutional buyers. The total value of all such securities was $301,186,000, which represented 68.89% of the net assets of the fund. |
Key to abbreviation |
USD = U.S. dollars |
Bonds, notes & other debt instruments 96.61% Mortgage-backed obligations 49.36% Federal agency mortgage-backed obligations 49.36% | Principal amount (000) | Value (000) | |
Fannie Mae Pool #695412 5.00% 20331 | USD1 | $1 | |
Fannie Mae Pool #AD3566 5.00% 20351 | 6 | 6 | |
Fannie Mae Pool #MA2746 4.00% 20361 | 1,441 | 1,376 | |
Fannie Mae Pool #MA2588 4.00% 20361 | 702 | 670 | |
Fannie Mae Pool #256860 6.50% 20371 | 11 | 11 | |
Fannie Mae Pool #888698 7.00% 20371 | 13 | 14 | |
Fannie Mae Pool #256828 7.00% 20371 | 3 | 3 | |
Fannie Mae Pool #970343 6.00% 20381 | 14 | 14 | |
Fannie Mae Pool #AC0794 5.00% 20391 | 20 | 20 | |
Fannie Mae Pool #931768 5.00% 20391 | 6 | 6 | |
Fannie Mae Pool #932606 5.00% 20401 | 9 | 9 | |
Fannie Mae Pool #MA4501 2.00% 20411 | 3,022 | 2,533 | |
Fannie Mae Pool #AJ1873 4.00% 20411 | 26 | 25 | |
Fannie Mae Pool #AI1862 5.00% 20411 | 383 | 385 | |
Fannie Mae Pool #AI3510 5.00% 20411 | 222 | 223 | |
Fannie Mae Pool #AJ0704 5.00% 20411 | 185 | 186 | |
Fannie Mae Pool #AJ5391 5.00% 20411 | 135 | 136 | |
Fannie Mae Pool #AE1248 5.00% 20411 | 36 | 36 | |
Fannie Mae Pool #AE1277 5.00% 20411 | 18 | 18 | |
Fannie Mae Pool #AE1283 5.00% 20411 | 10 | 10 | |
Fannie Mae Pool #MA4540 2.00% 20421 | 1,392 | 1,165 | |
Fannie Mae Pool #MA4570 2.00% 20421 | 898 | 752 | |
Fannie Mae Pool #AE1290 5.00% 20421 | 18 | 18 | |
Fannie Mae Pool #AT7161 3.50% 20431 | 45 | 42 | |
Fannie Mae Pool #AT3954 3.50% 20431 | 8 | 7 | |
Fannie Mae Pool #AT0300 3.50% 20431 | 7 | 6 | |
Fannie Mae Pool #AY1829 3.50% 20441 | 8 | 7 | |
Fannie Mae Pool #FM9416 3.50% 20451 | 4,623 | 4,230 | |
Fannie Mae Pool #BE5017 3.50% 20451 | 64 | 58 | |
Fannie Mae Pool #BE8740 3.50% 20471 | 60 | 55 | |
Fannie Mae Pool #BE8742 3.50% 20471 | 17 | 15 | |
Fannie Mae Pool #BH2846 3.50% 20471 | 8 | 7 | |
Fannie Mae Pool #BH2848 3.50% 20471 | 7 | 6 | |
Fannie Mae Pool #BH2847 3.50% 20471 | 5 | 5 | |
Fannie Mae Pool #BJ5015 4.00% 20471 | 162 | 153 | |
Fannie Mae Pool #BH3122 4.00% 20471 | 5 | 5 | |
Fannie Mae Pool #BM3788 3.50% 20481 | 3,334 | 3,050 | |
Fannie Mae Pool #BJ4901 3.50% 20481 | 43 | 40 | |
Fannie Mae Pool #BK6840 4.00% 20481 | 109 | 103 | |
Fannie Mae Pool #BK5232 4.00% 20481 | 79 | 75 | |
Fannie Mae Pool #BK9743 4.00% 20481 | 32 | 30 | |
Fannie Mae Pool #BK9761 4.50% 20481 | 20 | 20 | |
Fannie Mae Pool #FM3280 3.50% 20491 | 1,204 | 1,102 | |
Fannie Mae Pool #CA4151 3.50% 20491 | 594 | 545 | |
Fannie Mae Pool #FM1062 3.50% 20491 | 447 | 409 |
Bonds, notes & other debt instruments (continued) Mortgage-backed obligations (continued) Federal agency mortgage-backed obligations (continued) | Principal amount (000) | Value (000) | |
Fannie Mae Pool #FM1443 3.50% 20491 | USD332 | $303 | |
Fannie Mae Pool #BJ8411 3.50% 20491 | 116 | 105 | |
Fannie Mae Pool #FM2179 3.00% 20501 | 3,820 | 3,373 | |
Fannie Mae Pool #FM7687 3.00% 20511 | 5,864 | 5,164 | |
Fannie Mae Pool #FM9976 3.00% 20511 | 866 | 769 | |
Fannie Mae Pool #FS0647 3.00% 20521 | 3,976 | 3,525 | |
Fannie Mae Pool #CB2544 3.00% 20521 | 2,422 | 2,125 | |
Fannie Mae Pool #BF0497 3.00% 20601 | 1,478 | 1,285 | |
Fannie Mae, Series 2001-4, Class GA, 9.00% 20251,2 | —3 | —3 | |
Fannie Mae, Series 2001-4, Class NA, 9.00% 20251,2 | —3 | —3 | |
Fannie Mae, Series 2014-M1, Class A2, Multi Family, 3.343% 20231,2 | 236 | 234 | |
Fannie Mae, Series 2014-M3, Class A2, Multi Family, 3.501% 20241,2 | 447 | 440 | |
Freddie Mac Pool #1H1354 2.54% 20361,2 | 54 | 55 | |
Freddie Mac Pool #C03518 5.00% 20401 | 281 | 284 | |
Freddie Mac Pool #RB5138 2.00% 20411 | 811 | 680 | |
Freddie Mac Pool #G06459 5.00% 20411 | 680 | 687 | |
Freddie Mac Pool #RB5148 2.00% 20421 | 1,854 | 1,552 | |
Freddie Mac Pool #RB5145 2.00% 20421 | 785 | 657 | |
Freddie Mac Pool #Q19133 3.50% 20431 | 32 | 29 | |
Freddie Mac Pool #Q17696 3.50% 20431 | 30 | 28 | |
Freddie Mac Pool #Q23190 4.00% 20431 | 153 | 146 | |
Freddie Mac Pool #Q15874 4.00% 20431 | 3 | 3 | |
Freddie Mac Pool #Q28558 3.50% 20441 | 210 | 193 | |
Freddie Mac Pool #760014 2.77% 20451,2 | 278 | 271 | |
Freddie Mac Pool #Q52069 3.50% 20471 | 85 | 77 | |
Freddie Mac Pool #Q47615 3.50% 20471 | 50 | 46 | |
Freddie Mac Pool #Q54701 3.50% 20481 | 58 | 53 | |
Freddie Mac Pool #Q54709 3.50% 20481 | 57 | 52 | |
Freddie Mac Pool #Q54700 3.50% 20481 | 43 | 39 | |
Freddie Mac Pool #Q54782 3.50% 20481 | 36 | 33 | |
Freddie Mac Pool #Q54781 3.50% 20481 | 35 | 32 | |
Freddie Mac Pool #Q56590 3.50% 20481 | 28 | 25 | |
Freddie Mac Pool #Q54699 3.50% 20481 | 25 | 23 | |
Freddie Mac Pool #Q54831 3.50% 20481 | 17 | 16 | |
Freddie Mac Pool #Q56589 3.50% 20481 | 17 | 16 | |
Freddie Mac Pool #Q54698 3.50% 20481 | 15 | 13 | |
Freddie Mac Pool #G67711 4.00% 20481 | 1,452 | 1,376 | |
Freddie Mac Pool #Q56599 4.00% 20481 | 114 | 108 | |
Freddie Mac Pool #Q55971 4.00% 20481 | 79 | 75 | |
Freddie Mac Pool #Q56175 4.00% 20481 | 75 | 71 | |
Freddie Mac Pool #Q58411 4.50% 20481 | 222 | 217 | |
Freddie Mac Pool #Q58436 4.50% 20481 | 114 | 111 | |
Freddie Mac Pool #Q58378 4.50% 20481 | 83 | 80 | |
Freddie Mac Pool #ZT0522 4.50% 20481 | 22 | 21 | |
Freddie Mac Pool #RA1463 3.50% 20491 | 408 | 374 | |
Freddie Mac Pool #RA1580 3.50% 20491 | 210 | 192 | |
Freddie Mac Pool #QA0284 3.50% 20491 | 202 | 184 | |
Freddie Mac Pool #QA2748 3.50% 20491 | 53 | 49 | |
Freddie Mac Pool #RA6406 2.00% 20511 | 494 | 404 | |
Freddie Mac Pool #SD0726 2.50% 20511 | 14,756 | 12,500 | |
Freddie Mac Pool #8D0226 2.521% 20521,2 | 516 | 466 | |
Freddie Mac Pool #SD7550 3.00% 20521 | 3,479 | 3,086 | |
Freddie Mac Pool #SD7553 3.00% 20521 | 912 | 803 | |
Freddie Mac Pool #SD0873 3.50% 20521 | 14,467 | 13,191 |
Bonds, notes & other debt instruments (continued) Mortgage-backed obligations (continued) Federal agency mortgage-backed obligations (continued) | Principal amount (000) | Value (000) | |
Freddie Mac Pool #RA7938 5.00% 20521 | USD11,950 | $11,675 | |
Freddie Mac, Series 1567, Class A, (1-month USD-LIBOR + 0.40%) 2.547% 20231,2 | 1 | 1 | |
Freddie Mac, Series KS01, Class A2, Multi Family, 2.522% 20231 | 174 | 173 | |
Freddie Mac, Series K029, Class A2, Multi Family, 3.32% 20231 | 186 | 186 | |
Freddie Mac, Series K035, Class A2, Multi Family, 3.458% 20231,2 | 2,544 | 2,522 | |
Freddie Mac, Series K040, Class A2, Multi Family, 3.241% 20241 | 1,363 | 1,330 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-1, Class HA, 3.00% 20561,2 | 4,646 | 4,373 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-2, Class MA, 3.00% 20561 | 4,649 | 4,368 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-2, Class HA, 3.00% 20561,2 | 4,233 | 3,980 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-3, Class MT, 3.00% 20561 | 835 | 752 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-3, Class HT, 3.25% 20561 | 338 | 310 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2018-1, Class HT, 3.00% 20571 | 928 | 831 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2017-4, Class HT, 3.25% 20571,2 | 1,351 | 1,248 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2018-2, Class MT, 3.50% 20571 | 4,236 | 3,913 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2018-3, Class MA, 3.50% 20571 | 529 | 506 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2018-2, Class MA, 3.50% 20571 | 263 | 253 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2019-2, Class MA, 3.50% 20581 | 2,219 | 2,117 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2019-1, Class MT, 3.50% 20581 | 779 | 719 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2019-2, Class MT, 3.50% 20581 | 745 | 688 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2019-1, Class MA, 3.50% 20581 | 610 | 584 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2019-3, Class MT, 3.50% 20581 | 405 | 374 | |
Freddie Mac Seasoned Credit Risk Transfer Trust, Series 2019-4, Class MA, 3.00% 20591 | 1,904 | 1,786 | |
Freddie Mac Seasoned Loan Structured Transaction Trust, Series 2018-2, Class A1, 3.50% 20281 | 19,099 | 18,238 | |
Freddie Mac Seasoned Loan Structured Transaction Trust, Series 2018-1, Class A1, 3.50% 20281 | 4,408 | 4,210 | |
Freddie Mac Seasoned Loan Structured Transaction Trust, Series 2019-3, Class A1C, 2.75% 20291 | 4,977 | 4,596 | |
Freddie Mac Seasoned Loan Structured Transaction Trust, Series 2020-1, Class A1D, 2.00% 20301 | 1,440 | 1,297 | |
Freddie Mac Seasoned Loan Structured Transaction Trust, Series 2020-1, Class A2D, 2.00% 20301 | 435 | 359 | |
Freddie Mac Seasoned Loan Structured Transaction Trust, Series 2022-1, Class A1, 3.50% 20321 | 4,757 | 4,538 | |
Government National Mortgage Assn. 2.00% 20521,4 | 1,395 | 1,162 | |
Government National Mortgage Assn. 2.50% 20521,4 | 2,486 | 2,137 | |
Government National Mortgage Assn. 3.00% 20521,4 | 2,335 | 2,064 | |
Government National Mortgage Assn. 3.50% 20521,4 | 4,005 | 3,644 | |
Government National Mortgage Assn. 4.00% 20521,4 | 31,390 | 29,321 | |
Government National Mortgage Assn. 4.50% 20521,4 | 47,208 | 45,200 | |
Government National Mortgage Assn. 5.00% 20521,4 | 58,073 | 56,853 | |
Government National Mortgage Assn. 5.50% 20521,4 | 8,921 | 8,917 | |
Government National Mortgage Assn. 5.50% 20521,4 | 1,605 | 1,599 | |
Government National Mortgage Assn. Pool #698668 5.50% 20381 | 29 | 29 | |
Government National Mortgage Assn. Pool #700778 5.50% 20381 | 21 | 22 | |
Government National Mortgage Assn. Pool #782365 6.00% 20381 | 86 | 92 | |
Government National Mortgage Assn. Pool #004269 6.50% 20381 | 170 | 180 | |
Government National Mortgage Assn. Pool #698406 5.00% 20391 | 190 | 192 | |
Government National Mortgage Assn. Pool #783690 6.00% 20391 | 88 | 93 | |
Government National Mortgage Assn. Pool #783689 5.50% 20401 | 2,695 | 2,846 | |
Government National Mortgage Assn. Pool #783687 4.50% 20411 | 580 | 565 | |
Government National Mortgage Assn. Pool #783688 5.00% 20411 | 891 | 905 | |
Government National Mortgage Assn. Pool #MA0533 3.00% 20421 | 20 | 18 | |
Uniform Mortgage-Backed Security 2.00% 20371,4 | 1,115 | 983 | |
Uniform Mortgage-Backed Security 2.50% 20371,4 | 2,245 | 2,032 | |
Uniform Mortgage-Backed Security 4.00% 20371,4 | 920 | 888 | |
Uniform Mortgage-Backed Security 2.00% 20521,4 | 22,021 | 17,835 | |
Uniform Mortgage-Backed Security 2.50% 20521,4 | 2,745 | 2,304 | |
Uniform Mortgage-Backed Security 3.00% 20521,4 | 6,058 | 5,275 | |
Uniform Mortgage-Backed Security 3.50% 20521,4 | 21,815 | 19,628 |
Bonds, notes & other debt instruments (continued) Mortgage-backed obligations (continued) Federal agency mortgage-backed obligations (continued) | Principal amount (000) | Value (000) | |
Uniform Mortgage-Backed Security 3.50% 20521,4 | USD14,592 | $13,136 | |
Uniform Mortgage-Backed Security 4.00% 20521,4 | 42,200 | 39,137 | |
Uniform Mortgage-Backed Security 4.00% 20521,4 | 21,757 | 20,194 | |
Uniform Mortgage-Backed Security 4.50% 20521,4 | 121,066 | 115,362 | |
Uniform Mortgage-Backed Security 4.50% 20521,4 | 3,135 | 2,984 | |
Uniform Mortgage-Backed Security 5.00% 20521,4 | 25,700 | 25,042 | |
Uniform Mortgage-Backed Security 5.00% 20521,4 | 1,230 | 1,197 | |
Uniform Mortgage-Backed Security 5.50% 20521,4 | 149,197 | 148,335 | |
Uniform Mortgage-Backed Security 5.50% 20521,4 | 19,272 | 19,121 | |
Uniform Mortgage-Backed Security 6.00% 20521,4 | 2,040 | 2,073 | |
Total mortgage-backed obligations | 740,520 | ||
U.S. Treasury bonds & notes 41.25% U.S. Treasury inflation-protected securities 29.44% | |||
U.S. Treasury Inflation-Protected Security 0.125% 20235 | 21,849 | 21,617 | |
U.S. Treasury Inflation-Protected Security 0.375% 20235 | 21,733 | 21,367 | |
U.S. Treasury Inflation-Protected Security 0.625% 20235 | 30,938 | 30,470 | |
U.S. Treasury Inflation-Protected Security 0.125% 20245 | 71,928 | 69,432 | |
U.S. Treasury Inflation-Protected Security 0.125% 20245 | 34,211 | 32,893 | |
U.S. Treasury Inflation-Protected Security 0.50% 20245 | 22,792 | 22,134 | |
U.S. Treasury Inflation-Protected Security 0.625% 20245 | 75,109 | 73,301 | |
U.S. Treasury Inflation-Protected Security 0.125% 20255 | 8,373 | 7,938 | |
U.S. Treasury Inflation-Protected Security 0.125% 20255 | 7,761 | 7,332 | |
U.S. Treasury Inflation-Protected Security 0.375% 20255 | 57,474 | 54,885 | |
U.S. Treasury Inflation-Protected Security 0.125% 20265 | 34,022 | 31,688 | |
U.S. Treasury Inflation-Protected Security 0.125% 20265 | 5,718 | 5,339 | |
U.S. Treasury Inflation-Protected Security 0.625% 20265 | 3,360 | 3,207 | |
U.S. Treasury Inflation-Protected Security 0.125% 20275 | 18,573 | 17,119 | |
U.S. Treasury Inflation-Protected Security 0.125% 20305 | 7,251 | 6,385 | |
U.S. Treasury Inflation-Protected Security 0.125% 20315 | 9,684 | 8,462 | |
U.S. Treasury Inflation-Protected Security 0.125% 20315 | 995 | 868 | |
U.S. Treasury Inflation-Protected Security 0.125% 20325 | 4,387 | 3,798 | |
U.S. Treasury Inflation-Protected Security 2.125% 20415 | 419 | 433 | |
U.S. Treasury Inflation-Protected Security 0.75% 20425,6 | 9,427 | 7,593 | |
U.S. Treasury Inflation-Protected Security 0.625% 20435 | 4,497 | 3,464 | |
U.S. Treasury Inflation-Protected Security 1.00% 20495 | 4,886 | 3,985 | |
U.S. Treasury Inflation-Protected Security 0.25% 20505 | 335 | 220 | |
U.S. Treasury Inflation-Protected Security 0.125% 20515 | 5,997 | 3,771 | |
U.S. Treasury Inflation-Protected Security 0.125% 20525 | 6,155 | 3,901 | |
441,602 | |||
U.S. Treasury 11.81% | |||
U.S. Treasury 2.125% 2023 | —3 | —3 | |
U.S. Treasury 3.00% 2024 | 3,685 | 3,602 | |
U.S. Treasury 2.75% 2025 | 7,459 | 7,176 | |
U.S. Treasury 3.125% 2025 | 390 | 378 | |
U.S. Treasury 3.50% 2025 | 28,000 | 27,417 | |
U.S. Treasury 2.75% 2027 | 4,115 | 3,882 | |
U.S. Treasury 2.625% 2029 | 19,809 | 18,200 | |
U.S. Treasury 2.875% 2029 | 5,500 | 5,135 | |
U.S. Treasury 3.125% 2029 | 22,521 | 21,370 | |
U.S. Treasury 2.75% 2032 | 10,500 | 9,601 | |
U.S. Treasury 1.125% 2040 | 7,000 | 4,382 | |
U.S. Treasury 1.75% 2041 | 2,555 | 1,749 |
Bonds, notes & other debt instruments (continued) U.S. Treasury bonds & notes (continued) U.S. Treasury (continued) | Principal amount (000) | Value (000) | |
U.S. Treasury 2.25% 2041 | USD900 | $681 | |
U.S. Treasury 3.25% 2042 | 3,495 | 3,102 | |
U.S. Treasury 2.50% 2045 | 4,850 | 3,700 | |
U.S. Treasury 2.50% 2046 | 5,400 | 4,097 | |
U.S. Treasury 2.50% 2046 | 3,900 | 2,964 | |
U.S. Treasury 2.875% 2046 | 2,700 | 2,207 | |
U.S. Treasury 2.25% 2049 | 1,635 | 1,196 | |
U.S. Treasury 2.875% 20496 | 6,300 | 5,252 | |
U.S. Treasury 1.25% 20506 | 19,460 | 10,904 | |
U.S. Treasury 1.625% 20506 | 26,165 | 16,240 | |
U.S. Treasury 1.875% 20516 | 15,220 | 10,083 | |
U.S. Treasury 1.875% 2051 | 3,164 | 2,093 | |
U.S. Treasury 2.00% 2051 | 5,546 | 3,789 | |
U.S. Treasury 2.875% 2052 | 350 | 294 | |
U.S. Treasury 3.00% 20526 | 8,900 | 7,688 | |
177,182 | |||
Total U.S. Treasury bonds & notes | 618,784 | ||
Federal agency bonds & notes 6.00% | |||
Export-Import Bank of the United States-Guaranteed, Ethiopian Leasing 2012, LLC 2.646% 2026 | 329 | 317 | |
Fannie Mae 0.75% 2027 | 2,900 | 2,464 | |
Fannie Mae 0.875% 20306 | 8,600 | 6,727 | |
Fannie Mae 7.125% 2030 | 2,000 | 2,367 | |
Federal Home Loan Bank 3.25% 2028 | 6,500 | 6,225 | |
Federal Home Loan Bank 5.50% 2036 | 300 | 336 | |
Private Export Funding Corp. 3.55% 2024 | 3,190 | 3,162 | |
Private Export Funding Corp. 1.40% 2028 | 3,000 | 2,567 | |
Tennessee Valley Authority 0.75% 2025 | 3,700 | 3,369 | |
Tennessee Valley Authority 2.875% 2027 | 5,000 | 4,760 | |
Tennessee Valley Authority 4.65% 2035 | 1,780 | 1,793 | |
Tennessee Valley Authority 5.88% 2036 | 875 | 986 | |
Tennessee Valley Authority, Series A, 4.625% 2060 | 250 | 240 | |
TVA Southaven 3.846% 2033 | 887 | 823 | |
U.S. Agency for International Development, Israel (State of), Class 1A, 5.50% 2023 | 1,250 | 1,262 | |
U.S. Agency for International Development, Jordan (Kingdom of) 3.00% 2025 | 14,779 | 14,224 | |
U.S. Agency for International Development, Morocco (Kingdom of) 7.55% 2026 | 1,909 | 2,001 | |
U.S. Department of Housing and Urban Development, Series 2015-A-9, 2.80% 2023 | 1,500 | 1,481 | |
U.S. Department of Housing and Urban Development, Series 2015-A-10, 2.85% 2024 | 2,250 | 2,193 | |
U.S. Department of Housing and Urban Development, Series 2015-A-11, 2.95% 2025 | 2,640 | 2,538 | |
U.S. Department of Housing and Urban Development, Series 2015-A-12, 3.10% 2026 | 2,625 | 2,505 | |
U.S. Department of Housing and Urban Development, Series 2015-A-13, 3.15% 2027 | 11,482 | 10,902 | |
U.S. Department of Housing and Urban Development, Series 2015-A-14, 3.25% 2028 | 3,856 | 3,608 | |
U.S. Department of Housing and Urban Development, Series 2015-A-15, 3.35% 2029 | 2,650 | 2,468 | |
U.S. Department of Housing and Urban Development, Series 2015-A-16, 3.50% 2030 | 2,482 | 2,371 | |
U.S. Department of Housing and Urban Development, Series 2015-A-17, 3.55% 2031 | 2,475 | 2,362 | |
U.S. Department of Housing and Urban Development, Series 2015-A-18, 3.60% 2032 | 2,377 | 2,177 | |
U.S. Department of Housing and Urban Development, Series 2015-A-19, 3.65% 2033 | 2,059 | 1,876 | |
U.S. Department of Housing and Urban Development, Series 2015-A-20, 3.70% 2034 | 651 | 592 | |
U.S. Government-Guaranteed Certificates of Participation, Overseas Private Investment Corp. 3.82% 2032 | 768 | 737 | |
U.S. Government-Guaranteed Certificates of Participation, Overseas Private Investment Corp. 3.938% 2032 | 628 | 611 | |
90,044 | |||
Total bonds, notes & other debt instruments (cost: $1,565,472,000) | 1,449,348 |
Short-term securities 41.30% Commercial paper 17.88% | Weighted average yield at acquisition | Principal amount (000) | Value (000) |
Amazon.com, Inc. 11/29/20227 | 3.250% | USD8,000 | $7,957 |
Amazon.com, Inc. 12/14/20227 | 3.520 | 8,000 | 7,944 |
Amazon.com, Inc. 12/27/20227 | 3.520 | 20,000 | 19,828 |
Apple, Inc. 11/2/20227 | 3.050 | 9,000 | 8,975 |
Apple, Inc. 11/7/20227 | 3.090 | 20,000 | 19,935 |
CAFCO, LLC 10/4/20227 | 2.290 | 13,000 | 12,996 |
Chariot Funding, LLC 10/11/20227 | 2.680 | 9,000 | 8,991 |
Chariot Funding, LLC 10/14/20227 | 2.520 | 15,000 | 14,982 |
CHARTA, LLC 1/11/20237 | 3.900 | 5,680 | 5,617 |
Coca-Cola Co. 11/2/20227 | 3.100 | 1,100 | 1,097 |
CRC Funding, LLC 10/17/20227 | 3.060 | 10,000 | 9,985 |
Henkel of America, Inc. 12/27/20227 | 3.550 | 20,000 | 19,828 |
Johnson & Johnson 10/17/20227 | 1.480 | 5,000 | 4,993 |
LMA-Americas, LLC 11/29/20227 | 3.500 | 9,200 | 9,146 |
Novartis Finance Corp. 10/24/20227 | 3.060 | 15,000 | 14,969 |
Paccar Financial Corp. 10/6/2022 | 2.560 | 9,500 | 9,495 |
Procter & Gamble Co. 11/8/20227 | 2.610 | 20,000 | 19,933 |
Procter & Gamble Co. 11/9/20227 | 2.570 | 18,500 | 18,436 |
Starbird Funding Corp. 10/3/20227 | 3.000 | 17,800 | 17,795 |
Wal-Mart Stores, Inc. 10/17/20227 | 3.050 | 6,380 | 6,371 |
Wal-Mart Stores, Inc. 10/24/20227 | 3.020 | 5,000 | 4,990 |
Wal-Mart Stores, Inc. 10/31/20227 | 3.064 | 24,000 | 23,937 |
268,200 | |||
U.S. Treasury bills 12.10% | |||
U.S. Treasury 10/4/2022 | 2.299 | 65,400 | 65,395 |
U.S. Treasury 10/11/2022 | 2.387 | 13,000 | 12,993 |
U.S. Treasury 10/13/2022 | 2.269 | 20,000 | 19,985 |
U.S. Treasury 10/18/2022 | 2.482 | 66,750 | 66,680 |
U.S. Treasury 10/20/2022 | 2.423 | 16,500 | 16,480 |
181,533 | |||
Federal agency bills & notes 11.32% | |||
Fannie Mae 10/19/2022 | 2.585 | 6,500 | 6,492 |
Federal Farm Credit Banks 11/8/2022 | 2.230 | 20,000 | 19,943 |
Federal Home Loan Bank 10/5/2022 | 2.256 | 9,450 | 9,449 |
Federal Home Loan Bank 10/31/2022 | 2.606 | 59,000 | 58,875 |
Federal Home Loan Bank 11/9/2022 | 2.560 | 19,400 | 19,344 |
Federal Home Loan Bank 11/23/2022 | 3.210 | 25,000 | 24,893 |
Federal Home Loan Bank 12/5/2022 | 3.300 | 25,000 | 24,864 |
Federal Home Loan Bank 12/28/2022 | 3.480 | 6,000 | 5,952 |
169,812 | |||
Total short-term securities (cost: $619,554,000) | 619,545 | ||
Total investment securities 137.91% (cost: $2,185,026,000) | 2,068,893 | ||
Other assets less liabilities (37.91)% | (568,716) | ||
Net assets 100.00% | $1,500,177 |
Contracts | Type | Number of contracts | Expiration | Notional amount (000) | Value and unrealized (depreciation) appreciation at 9/30/2022 (000) |
30 Day Federal Funds Futures | Long | 259 | November 2022 | USD104,596 | $(57) |
30 Day Federal Funds Futures | Long | 1,245 | December 2022 | 499,570 | (335) |
30 Day Federal Funds Futures | Short | 32 | February 2023 | (12,772) | 127 |
90 Day Eurodollar Futures | Long | 353 | December 2022 | 84,111 | (3,241) |
3 Month SOFR Futures | Short | 225 | June 2023 | (53,764) | 644 |
90 Day Eurodollar Futures | Long | 1,495 | September 2023 | 356,632 | (13,881) |
90 Day Eurodollar Futures | Short | 923 | December 2023 | (220,389) | 8,113 |
90 Day Eurodollar Futures | Short | 885 | December 2024 | (212,522) | 5,302 |
2 Year U.S. Treasury Note Futures | Short | 141 | December 2022 | (28,960) | 40 |
5 Year U.S. Treasury Note Futures | Long | 3,860 | December 2022 | 414,980 | (14,107) |
10 Year U.S. Treasury Note Futures | Long | 603 | December 2022 | 67,574 | (3,165) |
10 Year Ultra U.S. Treasury Note Futures | Long | 112 | December 2022 | 13,270 | (798) |
20 Year U.S. Treasury Bond Futures | Long | 396 | December 2022 | 50,057 | (3,919) |
30 Year Ultra U.S. Treasury Bond Futures | Short | 59 | December 2022 | (8,083) | 457 |
$(24,820) |
Receive | Pay | Expiration date | Notional amount (000) | Value at 9/30/2022 (000) | Upfront premium paid (000) | Unrealized appreciation (depreciation) at 9/30/2022 (000) | ||
Rate | Payment frequency | Rate | Payment frequency | |||||
SOFR | Annual | 0.471% | Annual | 10/26/2023 | USD30,500 | $1,194 | $— | $1,194 |
0.45801% | Annual | SOFR | Annual | 10/26/2023 | 30,500 | (1,198) | — | (1,198) |
0.241% | Annual | U.S. EFFR | Annual | 3/1/2024 | 119,400 | (6,598) | — | (6,598) |
U.S. EFFR | Annual | 0.11% | Annual | 5/18/2024 | 97,600 | 3,945 | — | 3,945 |
3.497% | Annual | U.S. EFFR | Annual | 6/16/2024 | 24,000 | (305) | — | (305) |
3.4585% | Annual | U.S. EFFR | Annual | 6/17/2024 | 3,697 | (49) | — | (49) |
3.4325% | Annual | U.S. EFFR | Annual | 6/17/2024 | 17,700 | (243) | — | (243) |
4.345% | Annual | U.S. EFFR | Annual | 9/29/2024 | 19,000 | 45 | — | 45 |
4.197% | Annual | U.S. EFFR | Annual | 9/30/2024 | 19,000 | (9) | — | (9) |
4.1735% | Annual | U.S. EFFR | Annual | 9/30/2024 | 19,400 | (17) | — | (17) |
U.S. EFFR | Annual | 0.126% | Annual | 6/25/2025 | 20,100 | 2,044 | — | 2,044 |
U.S. EFFR | Annual | 0.1275% | Annual | 6/25/2025 | 20,100 | 2,043 | — | 2,043 |
U.S. EFFR | Annual | 0.106% | Annual | 6/30/2025 | 22,492 | 2,308 | — | 2,308 |
3-month USD-LIBOR | Quarterly | 1.867% | Semi-annual | 7/11/2025 | 49,400 | 3,171 | — | 3,171 |
2.925% | Semi-annual | 3-month USD-LIBOR | Quarterly | 2/1/2028 | 12,800 | (648) | — | (648) |
2.92% | Semi-annual | 3-month USD-LIBOR | Quarterly | 2/2/2028 | 12,200 | (620) | — | (620) |
U.S. EFFR | Annual | 0.5385% | Annual | 3/26/2030 | 49,000 | 9,947 | — | 9,947 |
0.913% | Semi-annual | 3-month USD-LIBOR | Quarterly | 6/9/2030 | 31,000 | (6,144) | — | (6,144) |
U.S. EFFR | Annual | 0.666% | Annual | 11/19/2030 | 15,500 | 3,209 | — | 3,209 |
3-month USD-LIBOR | Quarterly | 2.963% | Semi-annual | 2/1/2038 | 9,800 | 419 | — | 419 |
3-month USD-LIBOR | Quarterly | 2.986% | Semi-annual | 2/1/2038 | 7,800 | 321 | — | 321 |
Receive | Pay | Expiration date | Notional amount (000) | Value at 9/30/2022 (000) | Upfront premium paid (000) | Unrealized appreciation (depreciation) at 9/30/2022 (000) | ||||
Rate | Payment frequency | Rate | Payment frequency | |||||||
0.833% | Semi-annual | 3-month USD-LIBOR | Quarterly | 4/3/2040 | USD15,800 | $(5,917) | $— | $(5,917) | ||
3-month USD-LIBOR | Quarterly | 0.811% | Semi-annual | 7/27/2050 | 5,110 | 2,380 | — | 2,380 | ||
$9,278 | $— | $9,278 |
1 | Principal payments may be made periodically. Therefore, the effective maturity date may be earlier than the stated maturity date. |
2 | Coupon rate may change periodically. Reference rate and spread are as of the most recent information available. Some coupon rates are determined by the issuer or agent based on current market conditions; therefore, the reference rate and spread are not available. For short-term securities, the date of the next scheduled coupon rate change is considered to be the maturity date. |
3 | Amount less than one thousand. |
4 | Purchased on a TBA basis. |
5 | Index-linked bond whose principal amount moves with a government price index. |
6 | All or a portion of this security was pledged as collateral. The total value of pledged collateral was $27,715,000, which represented 1.85% of the net assets of the fund. |
7 | Acquired in a transaction exempt from registration under Rule 144A or Section 4(2) of the Securities Act of 1933. May be resold in the U.S. in transactions exempt from registration, normally to qualified institutional buyers. The total value of all such securities was $258,705,000, which represented 17.24% of the net assets of the fund. |
Key to abbreviations |
Assn. = Association |
EFFR = Effective Federal Funds Rate |
LIBOR = London Interbank Offered Rate |
SOFR = Secured Overnight Financing Rate |
TBA = To be announced |
USD = U.S. dollars |
Growth funds 83.92% | Shares | Value (000) | |
American Funds Insurance Series – Growth Fund, Class 1 | 5,218,180 | $390,059 | |
Total growth funds (cost: $509,739,000) | 390,059 | ||
Fixed income funds 7.90% | |||
American Funds Insurance Series – The Bond Fund of America, Class 1 | 3,875,543 | 36,701 | |
Total fixed income funds (cost: $39,007,000) | 36,701 | ||
Short-term securities 4.84% | |||
State Street Institutional U.S. Government Money Market Fund, Premier Class 2.94%1 | 22,510,604 | 22,511 | |
Total short-term securities (cost: $22,511,000) | 22,511 | ||
Options purchased 0.52% | |||
Options purchased* | 2,428 | ||
Total options purchased (cost: $1,627,000) | 2,428 | ||
Total investment securities 97.18% (cost: $572,884,000) | 451,699 | ||
Other assets less liabilities 2.82% | 13,095 | ||
Net assets 100.00% | $464,794 |
Description | Number of contracts | Notional amount (000) | Exercise price | Expiration date | Value at 9/30/2022 (000) |
S&P 500 Index | 25 | USD8,964 | USD2,375.00 | 12/16/2022 | $25 |
S&P 500 Index | 15 | 5,379 | 2,600.00 | 12/16/2022 | 23 |
S&P 500 Index | 25 | 8,964 | 2,650.00 | 12/16/2022 | 43 |
S&P 500 Index | 70 | 25,099 | 2,675.00 | 12/16/2022 | 128 |
S&P 500 Index | 35 | 12,550 | 2,600.00 | 3/17/2023 | 140 |
S&P 500 Index | 70 | 25,099 | 2,700.00 | 3/17/2023 | 328 |
S&P 500 Index | 175 | 62,748 | 2,800.00 | 3/17/2023 | 983 |
S&P 500 Index | 5 | 1,793 | 2,850.00 | 3/17/2023 | 31 |
S&P 500 Index | 110 | 39,442 | 2,900.00 | 3/17/2023 | 727 |
$2,428 |
Contracts | Type | Number of contracts | Expiration | Notional amount (000) | Value and unrealized (depreciation) appreciation at 9/30/2022 (000) |
5 Year U.S. Treasury Note Futures | Long | 319 | December 2022 | USD34,295 | $(1,148) |
Nikkei 225 Index Contracts | Short | 3 | December 2022 | (537) | 23 |
Japanese Yen Currency Contracts | Short | 7 | December 2022 | (609) | 4 |
FTSE 100 Index Contracts | Short | 21 | December 2022 | (1,604) | 134 |
British Pound Currency Contracts | Short | 25 | December 2022 | (1,747) | 44 |
Mini MSCI Emerging Market Index Contracts | Short | 98 | December 2022 | (4,270) | 472 |
Russell 2000 Mini Index Contracts | Short | 88 | December 2022 | (7,347) | 723 |
Euro Stoxx 50 Index Contracts | Short | 288 | December 2022 | (9,265) | 873 |
Euro Currency Contracts | Short | 84 | December 2022 | (10,355) | 163 |
S&P Mid 400 E-mini Index Contracts | Short | 93 | December 2022 | (20,536) | 2,156 |
S&P 500 E-mini Index Contracts | Short | 1,259 | December 2022 | (226,715) | 24,699 |
$28,143 |
Value of affiliates at 1/1/2022 (000) | Additions (000) | Reductions (000) | Net realized gain (loss) (000) | Net unrealized depreciation (000) | Value of affiliates at 9/30/2022 (000) | Dividend income (000) | Capital gain distributions received (000) | |||||
Growth funds 83.92% | ||||||||||||
American Funds Insurance Series – Growth Fund, Class 1 | $504,914 | $360,167 | $255,526 | $40,295 | $(259,791) | $390,059 | $619 | $60,090 | ||||
Fixed income funds 7.90% | ||||||||||||
American Funds Insurance Series – The Bond Fund of America, Class 1 | 59,236 | 55,179 | 69,412 | (8,256) | (46) | 36,701 | 225 | 443 | ||||
Total 91.82% | $32,039 | $(259,837) | $426,760 | $844 | $60,533 |
1 | Rate represents the seven-day yield at 9/30/2022. |
2 | Part of the same “group of investment companies“ as the fund as defined under the Investment Company Act of 1940, as amended. |
Key to abbreviation |
USD = U.S. dollars |
Growth funds 84.22% | Shares | Value (000) | |
American Funds Insurance Series – International Fund, Class 1 | 7,767,501 | $107,269 | |
Total growth funds (cost: $142,997,000) | 107,269 | ||
Fixed income funds 9.41% | |||
American Funds Insurance Series – The Bond Fund of America, Class 1 | 1,265,581 | 11,985 | |
Total fixed income funds (cost: $13,292,000) | 11,985 | ||
Short-term securities 3.86% | |||
State Street Institutional U.S. Government Money Market Fund, Premier Class 2.94%1 | 4,918,848 | 4,919 | |
Total short-term securities (cost: $4,919,000) | 4,919 | ||
Options purchased 0.65% | |||
Options purchased* | 825 | ||
Total options purchased (cost: $395,000) | 825 | ||
Total investment securities 98.14% (cost: $161,603,000) | 124,998 | ||
Other assets less liabilities 1.86% | 2,373 | ||
Net assets 100.00% | $127,371 |
Description | Number of contracts | Notional amount (000) | Exercise price | Expiration date | Value at 9/30/2022 (000) |
iShares MSCI EAFE ETF | 2,050 | USD11,482 | USD45.00 | 12/16/2022 | $90 |
iShares MSCI EAFE ETF | 780 | 4,369 | 50.00 | 12/16/2022 | 81 |
iShares MSCI EAFE ETF | 120 | 672 | 53.00 | 12/16/2022 | 21 |
iShares MSCI EAFE ETF | 50 | 280 | 47.00 | 3/17/2023 | 6 |
iShares MSCI EAFE ETF | 1,700 | 9,522 | 48.00 | 3/17/2023 | 510 |
iShares MSCI EAFE ETF | 450 | 2,520 | 55.00 | 3/17/2023 | 117 |
$825 |
Contracts | Type | Number of contracts | Expiration | Notional amount (000) | Value and unrealized (depreciation) appreciation at 9/30/2022 (000) |
5 Year U.S. Treasury Note Futures | Long | 95 | December 2022 | USD10,213 | $(287) |
S&P 500 E-mini Index Contracts | Short | 86 | December 2022 | (15,486) | 1,636 |
Mini MSCI Emerging Market Index Contracts | Short | 700 | December 2022 | (30,503) | 3,209 |
MSCI EAFE Index Contracts | Short | 405 | December 2022 | (33,627) | 3,374 |
$7,932 |
Value of affiliates at 1/1/2022 (000) | Additions (000) | Reductions (000) | Net realized gain (loss) (000) | Net unrealized depreciation (000) | Value of affiliates at 9/30/2022 (000) | Dividend income (000) | Capital gain distributions received (000) | |||||
Growth funds 84.22% | ||||||||||||
American Funds Insurance Series – International Fund, Class 1 | $136,987 | $89,062 | $61,583 | $3,695 | $(60,892) | $107,269 | $570 | $16,110 | ||||
Fixed income funds 9.41% | ||||||||||||
American Funds Insurance Series – The Bond Fund of America, Class 1 | 16,071 | 10,001 | 11,691 | (1,755) | (641) | 11,985 | 82 | 160 | ||||
Total 93.63% | $1,940 | $(61,533) | $119,254 | $652 | $16,270 |
1 | Rate represents the seven-day yield at 9/30/2022. |
2 | Part of the same “group of investment companies“ as the fund as defined under the Investment Company Act of 1940, as amended. |
Key to abbreviation |
USD = U.S. dollars |
Growth-and-income funds 84.26% | Shares | Value (000) | |
American Funds Insurance Series – Washington Mutual Investors Fund, Class 1 | 22,602,840 | $260,385 | |
Total growth-and-income funds (cost: $311,492,000) | 260,385 | ||
Fixed income funds 9.41% | |||
American Funds Insurance Series – U.S. Government Securities Fund, Class 1 | 2,841,060 | 29,092 | |
Total fixed income funds (cost: $31,627,000) | 29,092 | ||
Short-term securities 3.39% | |||
State Street Institutional U.S. Government Money Market Fund, Premier Class 2.94%1 | 10,465,036 | 10,465 | |
Total short-term securities (cost: $10,465,000) | 10,465 | ||
Options purchased 0.84% | |||
Options purchased* | 2,615 | ||
Total options purchased (cost: $2,055,000) | 2,615 | ||
Total investment securities 97.90% (cost: $355,639,000) | 302,557 | ||
Other assets less liabilities 2.10% | 6,491 | ||
Net assets 100.00% | $309,048 |
Description | Number of contracts | Notional amount (000) | Exercise price | Expiration date | Value at 9/30/2022 (000) |
S&P 500 Index | 175 | USD62,748 | USD2,500.00 | 12/16/2022 | $228 |
S&P 500 Index | 15 | 5,379 | 2,650.00 | 12/16/2022 | 26 |
S&P 500 Index | 45 | 16,135 | 2,675.00 | 12/16/2022 | 82 |
S&P 500 Index | 45 | 16,135 | 2,725.00 | 12/16/2022 | 91 |
S&P 500 Index | 15 | 5,379 | 2,500.00 | 3/17/2023 | 53 |
S&P 500 Index | 15 | 5,379 | 2,600.00 | 3/17/2023 | 60 |
S&P 500 Index | 80 | 28,685 | 2,700.00 | 3/17/2023 | 374 |
S&P 500 Index | 130 | 46,613 | 2,800.00 | 3/17/2023 | 731 |
S&P 500 Index | 45 | 16,135 | 2,850.00 | 3/17/2023 | 276 |
S&P 500 Index | 105 | 37,649 | 2,900.00 | 3/17/2023 | 694 |
$2,615 |
Contracts | Type | Number of contracts | Expiration | Notional amount (000) | Value and unrealized (depreciation) appreciation at 9/30/2022 (000) |
5 Year U.S. Treasury Note Futures | Long | 189 | December 2022 | USD20,319 | $(696) |
S&P Mid 400 E-mini Index Contracts | Short | 11 | December 2022 | (2,429) | 253 |
Euro Stoxx 50 Index Contracts | Short | 91 | December 2022 | (2,928) | 250 |
Euro Currency Contracts | Short | 26 | December 2022 | (3,205) | 44 |
FTSE 100 Index Contracts | Short | 42 | December 2022 | (3,209) | 250 |
British Pound Currency Contracts | Short | 50 | December 2022 | (3,494) | 78 |
S&P 500 E-mini Index Contracts | Short | 672 | December 2022 | (121,010) | 12,805 |
$12,984 |
Value of affiliates at 1/1/2022 (000) | Additions (000) | Reductions (000) | Net realized gain (loss) (000) | Net unrealized (depreciation) appreciation (000) | Value of affiliates at 9/30/2022 (000) | Dividend income (000) | Capital gain distributions received (000) | |||||
Growth-and-income funds 84.26% | ||||||||||||
American Funds Insurance Series – Washington Mutual Investors Fund, Class 1 | $315,947 | $193,500 | $132,032 | $38,118 | $(155,148) | $260,385 | $1,303 | $61,850 | ||||
Fixed income funds 9.41% | ||||||||||||
American Funds Insurance Series – U.S. Government Securities Fund, Class 1 | 37,066 | 23,976 | 27,567 | (4,960) | 577 | 29,092 | 156 | — | ||||
Total 93.67% | $33,158 | $(154,571) | $289,477 | $1,459 | $61,850 |
1 | Rate represents the seven-day yield at 9/30/2022. |
2 | Part of the same “group of investment companies“ as the fund as defined under the Investment Company Act of 1940, as amended. |
Key to abbreviation |
USD = U.S. dollars |
Growth-and-income funds 78.31% | Shares | Value (000) | |
American Funds Insurance Series – Growth-Income Fund, Class 1 | 34,964,909 | $1,609,784 | |
Total growth-and-income funds (cost: $1,787,842,000) | 1,609,784 | ||
Fixed income funds 14.69% | |||
American Funds Insurance Series – The Bond Fund of America, Class 1 | 31,873,973 | 301,847 | |
Total fixed income funds (cost: $343,003,000) | 301,847 | ||
Short-term securities 3.53% | |||
State Street Institutional U.S. Government Money Market Fund, Premier Class 2.94%1 | 72,492,953 | 72,493 | |
Total short-term securities (cost: $72,493,000) | 72,493 | ||
Options purchased 1.58% | |||
Options purchased* | 32,538 | ||
Total options purchased (cost: $20,979,000) | 32,538 | ||
Total investment securities 98.11% (cost: $2,224,317,000) | 2,016,662 | ||
Other assets less liabilities 1.89% | 38,887 | ||
Net assets 100.00% | $2,055,549 |
Description | Number of contracts | Notional amount (000) | Exercise price | Expiration date | Value at 9/30/2022 (000) |
S&P 500 Index | 100 | USD35,856 | USD2,650.00 | 12/16/2022 | $174 |
S&P 500 Index | 500 | 179,281 | 2,675.00 | 12/16/2022 | 915 |
S&P 500 Index | 440 | 157,767 | 2,725.00 | 12/16/2022 | 884 |
S&P 500 Index | 325 | 116,533 | 2,800.00 | 12/16/2022 | 767 |
S&P 500 Index | 100 | 35,856 | 2,825.00 | 12/16/2022 | 244 |
S&P 500 Index | 200 | 71,713 | 2,850.00 | 12/16/2022 | 524 |
S&P 500 Index | 450 | 161,353 | 2,875.00 | 12/16/2022 | 1,251 |
S&P 500 Index | 200 | 71,712 | 2,900.00 | 12/16/2022 | 603 |
S&P 500 Index | 420 | 150,596 | 2,700.00 | 3/17/2023 | 1,966 |
S&P 500 Index | 1,500 | 537,843 | 2,800.00 | 3/17/2023 | 8,430 |
S&P 500 Index | 1,575 | 564,735 | 2,850.00 | 3/17/2023 | 9,639 |
S&P 500 Index | 1,080 | 387,247 | 2,900.00 | 3/17/2023 | 7,141 |
$32,538 |
Contracts | Type | Number of contracts | Expiration | Notional amount (000) | Value and unrealized (depreciation) appreciation at 9/30/2022 (000) |
5 Year U.S. Treasury Note Futures | Long | 1,250 | December 2022 | USD134,385 | $(4,611) |
Russell 2000 Mini Index Contracts | Short | 65 | December 2022 | (5,427) | 552 |
Mini MSCI Emerging Market Index Contracts | Short | 386 | December 2022 | (16,820) | 1,668 |
FTSE 100 Index Contracts | Short | 305 | December 2022 | (23,300) | 1,792 |
British Pound Currency Contracts | Short | 350 | December 2022 | (24,459) | 560 |
Euro Stoxx 50 Index Contracts | Short | 846 | December 2022 | (27,216) | 2,227 |
Euro Currency Contracts | Short | 235 | December 2022 | (28,968) | 422 |
S&P Mid 400 E-mini Index Contracts | Short | 288 | December 2022 | (63,596) | 6,499 |
S&P 500 E-mini Index Contracts | Short | 3,621 | December 2022 | (652,052) | 69,380 |
$78,489 |
Value of affiliates at 1/1/2022 (000) | Additions (000) | Reductions (000) | Net realized gain (loss) (000) | Net unrealized depreciation (000) | Value of affiliates at 9/30/2022 (000) | Dividend income (000) | Capital gain distributions received (000) | |||||
Growth-and-income funds 78.31% | ||||||||||||
American Funds Insurance Series – Growth-Income Fund, Class 1 | $2,125,192 | $998,427 | $840,522 | $149,432 | $(822,745) | $1,609,784 | $5,619 | $175,737 | ||||
Fixed income funds 14.69% | ||||||||||||
American Funds Insurance Series – The Bond Fund of America, Class 1 | 398,789 | 180,648 | 218,598 | (32,244) | (26,748) | 301,847 | 1,982 | 3,897 | ||||
Total 93.00% | $117,188 | $(849,493) | $1,911,631 | $7,601 | $179,634 |
1 | Rate represents the seven-day yield at 9/30/2022. |
2 | Part of the same “group of investment companies“ as the fund as defined under the Investment Company Act of 1940, as amended. |
Key to abbreviation |
USD = U.S. dollars |
Asset allocation funds 94.43% | Shares | Value (000) | |
American Funds Insurance Series – Asset Allocation Fund, Class 1 | 97,313,291 | $2,015,358 | |
Total asset allocation funds (cost: $2,253,143,000) | 2,015,358 | ||
Short-term securities 3.67% | |||
State Street Institutional U.S. Government Money Market Fund, Premier Class 2.94%1 | 78,279,159 | 78,279 | |
Total short-term securities (cost: $78,279,000) | 78,279 | ||
Options purchased 0.19% | |||
Options purchased* | 4,129 | ||
Total options purchased (cost: $1,887,000) | 4,129 | ||
Total investment securities 98.29% (cost: $2,333,309,000) | 2,097,766 | ||
Other assets less liabilities 1.71% | 36,586 | ||
Net assets 100.00% | $2,134,352 |
Description | Number of contracts | Notional amount (000) | Exercise price | Expiration date | Value at 9/30/2022 (000) |
S&P 500 Index | 410 | USD147,010 | USD2,850.00 | 3/17/2023 | $2,509 |
S&P 500 Index | 245 | 87,848 | 2,900.00 | 3/17/2023 | 1,620 |
$4,129 |
Contracts | Type | Number of contracts | Expiration | Notional amount (000) | Value and unrealized (depreciation) appreciation at 9/30/2022 (000) |
5 Year U.S. Treasury Note Futures | Long | 1,108 | December 2022 | USD119,119 | $(3,335) |
FTSE 100 Index Contracts | Short | 54 | December 2022 | (4,125) | 335 |
British Pound Currency Contracts | Short | 65 | December 2022 | (4,542) | 106 |
Russell 2000 Mini Index Contracts | Short | 154 | December 2022 | (12,858) | 1,193 |
Mini MSCI Emerging Market Index Contracts | Short | 318 | December 2022 | (13,857) | 1,426 |
Euro Stoxx 50 Index Contracts | Short | 693 | December 2022 | (22,294) | 1,756 |
Euro Currency Contracts | Short | 192 | December 2022 | (23,668) | 309 |
Contracts | Type | Number of contracts | Expiration | Notional amount (000) | Value and unrealized (depreciation) appreciation at 9/30/2022 (000) |
S&P Mid 400 E-mini Index Contracts | Short | 260 | December 2022 | USD(57,413) | $5,768 |
S&P 500 E-mini Index Contracts | Short | 3,587 | December 2022 | (645,929) | 64,425 |
$71,983 |
Value of affiliate at 1/1/2022 (000) | Additions (000) | Reductions (000) | Net realized gain (000) | Net unrealized depreciation (000) | Value of affiliate at 9/30/2022 (000) | Dividend income (000) | Capital gain distributions received (000) | |
Asset allocation funds 94.43% | ||||||||
American Funds Insurance Series – Asset Allocation Fund, Class 1 | $2,678,055 | $886,381 | $791,966 | $56,725 | $(813,837) | $2,015,358 | $9,909 | $231,217 |
1 | Rate represents the seven-day yield at 9/30/2022. |
2 | Part of the same “group of investment companies“ as the fund as defined under the Investment Company Act of 1940, as amended. |
Key to abbreviation |
USD = U.S. dollars |
Fixed-income class | Examples of standard inputs |
All | Benchmark yields, transactions, bids, offers, quotations from dealers and trading systems, new issues, spreads and other relationships observed in the markets among comparable securities; and proprietary pricing models such as yield measures calculated using factors such as cash flows, financial or collateral performance and other reference data (collectively referred to as “standard inputs”) |
Corporate bonds, notes & loans; convertible securities | Standard inputs and underlying equity of the issuer |
Bonds & notes of governments & government agencies | Standard inputs and interest rate volatilities |
Mortgage-backed; asset-backed obligations | Standard inputs and cash flows, prepayment information, default rates, delinquency and loss assumptions, collateral characteristics, credit enhancements and specific deal information |
Municipal securities | Standard inputs and, for certain distressed securities, cash flows or liquidation values using a net present value calculation based on inputs that include, but are not limited to, financial statements and debt contracts |
Options contracts purchased | Futures contracts | Forward currency contracts | Interest rate swaps | Credit default swaps | |
New World Fund | Not applicable | $26,412 | $4,537 | Not applicable | Not applicable |
International Growth and Income Fund | Not applicable | Not applicable | 628 | Not applicable | Not applicable |
Capital Income Builder | Not applicable | 71,828 | 96* | $23,526 | $4,854 |
Asset Allocation Fund | Not applicable | 2,029,074 | Not applicable | Not applicable | 147,253 |
American Funds Global Balanced Fund | Not applicable | 15,450 | 26,473 | 31,134 | 4,671 |
The Bond Fund of America | Not applicable | 3,394,646 | 108,629 | 477,735 | 151,893 |
Capital World Bond Fund | Not applicable | 324,590 | 481,762 | 382,799 | 85,907 |
American High-Income Trust | Not applicable | 13,799 | Not applicable | Not applicable | 10,713 |
American Funds Mortgage Fund | Not applicable | 31,972 | Not applicable | 15,000 | Not applicable |
U.S. Government Securities Fund | Not applicable | 2,453,427 | Not applicable | 1,353,588 | Not applicable |
Managed Risk Growth Fund | $384,672 | 154,471 | Not applicable | Not applicable | Not applicable |
Managed Risk International Fund | 93,172 | 14,391 | Not applicable | Not applicable | Not applicable |
Managed Risk Washington Mutual Investors Fund | 304,145 | 39,740 | Not applicable | Not applicable | Not applicable |
Managed Risk Growth-Income Fund | 3,101,386 | 260,994 | Not applicable | Not applicable | Not applicable |
Managed Risk Asset Allocation Fund | 540,873 | 292,513 | Not applicable | Not applicable | Not applicable |
* | No contracts were held at the end of the reporting period; amount represents the average month-end notional amount of contracts while they were held. |
Investment securities | |||||||
Level 1 | Level 2 | Level 3 | Total | ||||
Assets: | |||||||
Common stocks: | |||||||
Information technology | $845,374 | $641,754 | $— | $1,487,128 | |||
Health care | 945,312 | 246,276 | — | 1,191,588 | |||
Consumer discretionary | 511,925 | 376,696 | — | 888,621 | |||
Consumer staples | 249,387 | 285,103 | — | 534,490 | |||
Financials | 182,033 | 288,187 | —* | 470,220 | |||
Industrials | 82,627 | 219,690 | — | 302,317 | |||
Communication services | 256,204 | 22,952 | — | 279,156 | |||
Energy | 96,901 | 91,342 | —* | 188,243 | |||
Materials | 159,852 | 21,830 | — | 181,682 | |||
Real estate | — | 10,266 | — | 10,266 | |||
Utilities | 8,878 | — | — | 8,878 | |||
Preferred securities | — | 100,144 | — | 100,144 | |||
Short-term securities | 669,249 | — | — | 669,249 | |||
Total | $4,007,742 | $2,304,240 | $—* | $6,311,982 |
* | Amount less than one thousand. |
Investment securities | |||||||
Level 1 | Level 2 | Level 3 | Total | ||||
Assets: | |||||||
Common stocks: | |||||||
Information technology | $307,610 | $210,611 | $1,113 | $519,334 | |||
Industrials | 123,805 | 360,405 | — | 484,210 | |||
Health care | 315,600 | 117,196 | — | 432,796 | |||
Consumer discretionary | 252,880 | 176,951 | — | 429,831 | |||
Financials | 100,185 | 153,739 | — | 253,924 | |||
Materials | 11,535 | 74,801 | — | 86,336 | |||
Real estate | 22,364 | 36,852 | — | 59,216 | |||
Communication services | 27,992 | 22,204 | — | 50,196 | |||
Consumer staples | 18,114 | 29,938 | — | 48,052 | |||
Utilities | 4,090 | 35,076 | — | 39,166 | |||
Energy | 8,919 | 5,560 | 22,280 | 36,759 | |||
Preferred securities | 9,488 | — | 17,611 | 27,099 | |||
Rights & warrants | — | 11,696 | — | 11,696 | |||
Short-term securities | 364,060 | — | — | 364,060 | |||
Total | $1,566,642 | $1,235,029 | $41,004 | $2,842,675 |
Beginning value at 1/1/2022 | Transfers into Level 3* | Purchases | Sales | Net realized gain | Unrealized depreciation | Transfers out of Level 3* | Ending value at 9/30/2022 | |
Investment securities | $44,963 | $— | $— | $— | $— | $(3,959) | $— | $41,004 |
Net unrealized depreciation during the period on Level 3 investment securities held at September 30, 2022 | $(3,959) |
* | Transfers into or out of Level 3 are based on the beginning market value of the quarter in which they occurred. These transfers are the result of changes in the availability of pricing sources and/or in the observability of significant inputs used in valuing the securities. |
Value at 9/30/2022 | Valuation techniques | Unobservable inputs | Range (if applicable) | Weighted average* | Impact to valuation from an increase in input† | |
Common stocks | $23,393 | Market comparable companies | Price/Cash flow multiple | 6.8x | 6.8x | Increase |
EV/Sales multiple | 7.8x | 7.8x | Increase | |||
DLOM | 16% | 16% | Decrease | |||
Risk discount | 25% | 25% | Decrease | |||
Preferred securities | 17,611 | Transaction price | N/A | N/A | N/A | N/A |
Market comparable companies | EV/Sales multiple | 7.8x - 12.8x | 10.7x | Increase | ||
DLOM | 10% | 10% | Decrease | |||
Total | $41,004 |
* | Weighted average is by relative fair value. |
† | This column represents the directional change in fair value of the Level 3 securities that would result in an increase from the corresponding input. A decrease to the unobservable input would have the opposite effect. Significant increases and decreases in these inputs in isolation could result in significantly higher or lower fair value measurements. |
Key to abbreviations |
DLOM = Discount for lack of marketability |
EV = Enterprise value |
Investment securities | |||||||
Level 1 | Level 2 | Level 3 | Total | ||||
Assets: | |||||||
Common stocks: | |||||||
Consumer discretionary | $6,170,351 | $350,205 | $— | $6,520,556 | |||
Information technology | 5,313,970 | 659,195 | 4,846 | 5,978,011 | |||
Health care | 4,814,963 | 70,467 | 45,222 | 4,930,652 | |||
Communication services | 4,073,272 | 20,432 | — | 4,093,704 | |||
Industrials | 2,453,890 | 182,217 | — | 2,636,107 | |||
Financials | 1,733,280 | — | — | 1,733,280 | |||
Energy | 1,328,190 | — | — | 1,328,190 | |||
Materials | 864,679 | — | — | 864,679 | |||
Consumer staples | 576,017 | 99,009 | — | 675,026 | |||
Utilities | 148,391 | — | — | 148,391 | |||
Real estate | 29,457 | — | — | 29,457 | |||
Preferred securities | — | 17,278 | 38,218 | 55,496 | |||
Convertible stocks | 6,846 | — | — | 6,846 | |||
Convertible bonds & notes | — | — | 9,030 | 9,030 | |||
Bonds, notes & other debt instruments | — | 13,396 | — | 13,396 | |||
Short-term securities | 1,181,202 | — | — | 1,181,202 | |||
Total | $28,694,508 | $1,412,199 | $97,316 | $30,204,023 |
Investment securities | |||||||
Level 1 | Level 2 | Level 3 | Total | ||||
Assets: | |||||||
Common stocks: | |||||||
Information technology | $261,731 | $629,568 | $4,998 | $896,297 | |||
Industrials | 58,282 | 822,027 | — | 880,309 | |||
Health care | 28,030 | 736,138 | — | 764,168 | |||
Financials | 81,852 | 571,535 | — | 653,387 | |||
Consumer discretionary | 170,518 | 405,791 | — | 576,309 | |||
Energy | 119,230 | 456,207 | — | 575,437 | |||
Materials | 319,355 | 244,467 | — | 563,822 | |||
Communication services | 141,630 | 213,673 | —* | 355,303 | |||
Consumer staples | — | 268,218 | — | 268,218 | |||
Utilities | — | 113,539 | — | 113,539 | |||
Real estate | — | 42,715 | — | 42,715 | |||
Preferred securities | 28,146 | 28,845 | 457 | 57,448 | |||
Rights & warrants | — | 10,763 | — | 10,763 | |||
Short-term securities | 392,450 | — | — | 392,450 | |||
Total | $1,601,224 | $4,543,486 | $5,455 | $6,150,165 |
* | Amount less than one thousand. |
Investment securities | |||||||
Level 1 | Level 2 | Level 3 | Total | ||||
Assets: | |||||||
Common stocks: | |||||||
Information technology | $281,911 | $154,123 | $399 | $436,433 | |||
Health care | 178,489 | 175,001 | 1,242 | 354,732 | |||
Financials | 61,825 | 291,432 | —* | 353,257 | |||
Consumer discretionary | 100,633 | 197,444 | —* | 298,077 | |||
Industrials | 87,559 | 179,267 | — | 266,826 | |||
Materials | 139,512 | 79,184 | —* | 218,696 | |||
Consumer staples | 47,988 | 148,727 | —* | 196,715 | |||
Communication services | 85,584 | 64,290 | —* | 149,874 | |||
Energy | 46,986 | 74,220 | —* | 121,206 | |||
Utilities | 10,574 | 35,835 | — | 46,409 | |||
Real estate | 14,475 | 29,039 | — | 43,514 | |||
Preferred securities | 9,436 | 10,320 | 11,365 | 31,121 | |||
Rights & warrants | 17 | 177 | — | 194 | |||
Bonds, notes & other debt instruments | — | 94,575 | — | 94,575 | |||
Short-term securities | 274,282 | — | — | 274,282 | |||
Total | $1,339,271 | $1,533,634 | $13,006 | $2,885,911 |
Other investments† | |||||||
Level 1 | Level 2 | Level 3 | Total | ||||
Assets: | |||||||
Unrealized appreciation on futures contracts | $679 | $— | $— | $679 | |||
Unrealized appreciation on open forward currency contracts | — | 37 | — | 37 | |||
Liabilities: | |||||||
Unrealized depreciation on futures contracts | (548) | — | — | (548) | |||
Unrealized depreciation on open forward currency contracts | — | (1) | — | (1) | |||
Total | $131 | $36 | $— | $167 |
* | Amount less than one thousand. |
† | Futures contracts and forward currency contracts are not included in the fund’s investment portfolio. |
Investment securities | |||||||
Level 1 | Level 2 | Level 3 | Total | ||||
Assets: | |||||||
Common stocks: | |||||||
Information technology | $163,669 | $90,837 | $— | $254,506 | |||
Health care | 170,561 | 57,911 | — | 228,472 | |||
Financials | 105,385 | 95,263 | —* | 200,648 | |||
Industrials | 82,519 | 82,280 | — | 164,799 | |||
Consumer discretionary | 78,382 | 64,551 | — | 142,933 | |||
Consumer staples | 56,085 | 61,850 | — | 117,935 | |||
Materials | 57,135 | 42,241 | — | 99,376 | |||
Energy | 65,434 | 29,938 | —* | 95,372 | |||
Communication services | 56,355 | 28,196 | —* | 84,551 | |||
Utilities | 24,000 | 23,843 | — | 47,843 | |||
Real estate | 13,755 | 5,649 | — | 19,404 | |||
Preferred securities | 422 | 6,239 | — | 6,661 | |||
Convertible bonds & notes | — | 944 | — | 944 | |||
Bonds, notes & other debt instruments | — | 6,107 | — | 6,107 | |||
Short-term securities | 136,718 | — | — | 136,718 | |||
Total | $1,010,420 | $595,849 | $—* | $1,606,269 |
* | Amount less than one thousand. |
Investment securities | |||||||
Level 1 | Level 2 | Level 3 | Total | ||||
Assets: | |||||||
Common stocks: | |||||||
Information technology | $6,001,220 | $300,290 | $— | $6,301,510 | |||
Health care | 3,532,300 | 440,923 | — | 3,973,223 | |||
Industrials | 3,736,946 | 188,820 | — | 3,925,766 | |||
Consumer discretionary | 2,611,949 | 111,978 | — | 2,723,927 | |||
Financials | 2,686,691 | — | — | 2,686,691 | |||
Communication services | 2,554,823 | 60,185 | — | 2,615,008 | |||
Consumer staples | 1,161,269 | 397,947 | — | 1,559,216 | |||
Energy | 1,417,317 | — | — | 1,417,317 | |||
Utilities | 1,097,190 | 52,994 | — | 1,150,184 | |||
Materials | 855,227 | — | — | 855,227 | |||
Real estate | 592,473 | — | — | 592,473 | |||
Convertible stocks | 262,042 | — | — | 262,042 | |||
Bonds, notes & other debt instruments | — | 6,097 | — | 6,097 | |||
Short-term securities | 2,581,053 | — | — | 2,581,053 | |||
Total | $29,090,500 | $1,559,234 | $— | $30,649,734 |
Investment securities | |||||||
Level 1 | Level 2 | Level 3 | Total | ||||
Assets: | |||||||
Common stocks: | |||||||
Financials | $6,512 | $33,016 | $—* | $39,528 | |||
Consumer staples | 5,456 | 26,606 | —* | 32,062 | |||
Consumer discretionary | 2,436 | 25,353 | — | 27,789 | |||
Industrials | 3,913 | 23,665 | — | 27,578 | |||
Information technology | 2,020 | 25,101 | — | 27,121 | |||
Health care | 1,104 | 22,756 | — | 23,860 | |||
Energy | 7,727 | 10,478 | —* | 18,205 | |||
Communication services | 980 | 12,829 | —* | 13,809 | |||
Materials | 7,997 | 5,376 | —* | 13,373 | |||
Utilities | 1,989 | 5,597 | — | 7,586 | |||
Real estate | — | 5,487 | — | 5,487 | |||
Preferred securities | 512 | 631 | — | 1,143 | |||
Short-term securities | 24,635 | — | — | 24,635 | |||
Total | $65,281 | $196,895 | $—* | $262,176 |
Other investments† | ||||
Level 1 | Level 2 | Level 3 | Total | |
Assets: | ||||
Unrealized appreciation on open forward currency contracts | $— | $31 | $— | $31 |
* | Amount less than one thousand. |
† | Forward currency contracts are not included in the fund’s investment portfolio. |
Investment securities | |||||||
Level 1 | Level 2 | Level 3 | Total | ||||
Assets: | |||||||
Common stocks: | |||||||
Financials | $77,781 | $55,044 | $—* | $132,825 | |||
Consumer staples | 56,422 | 47,792 | — | 104,214 | |||
Health care | 72,623 | 18,213 | — | 90,836 | |||
Information technology | 62,408 | 14,488 | — | 76,896 | |||
Real estate | 56,342 | 11,435 | — | 67,777 | |||
Utilities | 40,021 | 25,148 | — | 65,169 | |||
Industrials | 36,501 | 24,649 | — | 61,150 | |||
Energy | 40,004 | 12,269 | —* | 52,273 | |||
Communication services | 14,681 | 13,921 | — | 28,602 | |||
Consumer discretionary | 15,873 | 12,724 | — | 28,597 | |||
Materials | 16,627 | 9,835 | — | 26,462 | |||
Preferred securities | — | 411 | — | 411 | |||
Rights & warrants | 3 | — | — | 3 | |||
Convertible stocks | 4,691 | — | — | 4,691 | |||
Investment funds | 29,299 | — | — | 29,299 | |||
Bonds, notes & other debt instruments: | |||||||
U.S. Treasury bonds & notes | — | 102,756 | — | 102,756 | |||
Mortgage-backed obligations | — | 80,998 | 89 | 81,087 | |||
Corporate bonds, notes & loans | — | 19,382 | — | 19,382 | |||
Asset-backed obligations | — | 8,415 | — | 8,415 | |||
Bonds & notes of governments & government agencies outside the U.S. | — | 724 | — | 724 | |||
Municipals | — | 226 | — | 226 | |||
Short-term securities | 117,949 | — | — | 117,949 | |||
Total | $641,225 | $458,430 | $89 | $1,099,744 |
Other investments† | |||||||
Level 1 | Level 2 | Level 3 | Total | ||||
Assets: | |||||||
Unrealized appreciation on futures contracts | $4 | $— | $— | $4 | |||
Unrealized appreciation on centrally cleared interest rate swaps | — | 1,944 | — | 1,944 | |||
Liabilities: | |||||||
Unrealized depreciation on futures contracts | (2,186) | — | — | (2,186) | |||
Unrealized depreciation on centrally cleared interest rate swaps | — | (271) | — | (271) | |||
Unrealized depreciation on centrally cleared credit default swaps | — | (320) | — | (320) | |||
Total | $(2,182) | $1,353 | $— | $(829) |
* | Amount less than one thousand. |
† | Futures contracts, interest rate swaps and credit default swaps are not included in the fund’s investment portfolio. |
Investment securities | |||||||
Level 1 | Level 2 | Level 3 | Total | ||||
Assets: | |||||||
Common stocks: | |||||||
Health care | $2,950,694 | $23,971 | $19,703 | $2,994,368 | |||
Financials | 2,162,461 | 79,583 | 2,291 | 2,244,335 | |||
Information technology | 2,147,961 | 25,462 | — | 2,173,423 | |||
Consumer discretionary | 1,884,345 | 137,845 | — | 2,022,190 | |||
Consumer staples | 1,066,895 | 313,785 | — | 1,380,680 | |||
Industrials | 1,350,748 | 14,742 | — | 1,365,490 | |||
Communication services | 1,112,288 | — | — | 1,112,288 | |||
Energy | 882,362 | — | —* | 882,362 | |||
Materials | 771,260 | — | — | 771,260 | |||
Real estate | 298,467 | — | — | 298,467 | |||
Utilities | 142,005 | — | — | 142,005 | |||
Preferred securities | — | — | 144 | 144 | |||
Rights & warrants | — | — | —* | —* | |||
Convertible stocks | — | — | 50,000 | 50,000 | |||
Investment funds | 1,364,476 | — | — | 1,364,476 | |||
Bonds, notes & other debt instruments: | |||||||
Mortgage-backed obligations | — | 1,806,001 | — | 1,806,001 | |||
U.S. Treasury bonds & notes | — | 1,730,108 | — | 1,730,108 | |||
Corporate bonds, notes & loans | — | 1,414,236 | 3,685 | 1,417,921 | |||
Asset-backed obligations | — | 379,514 | 5,704 | 385,218 | |||
Bonds & notes of governments & government agencies outside the U.S. | — | 42,699 | — | 42,699 | |||
Municipals | — | 35,645 | — | 35,645 | |||
Short-term securities | 2,257,164 | — | — | 2,257,164 | |||
Total | $18,391,126 | $6,003,591 | $81,527 | $24,476,244 |
Other investments† | |||||||
Level 1 | Level 2 | Level 3 | Total | ||||
Assets: | |||||||
Unrealized appreciation on futures contracts | $22,796 | $— | $— | $22,796 | |||
Unrealized appreciation on centrally cleared credit default swaps | — | 1,125 | — | 1,125 | |||
Liabilities: | |||||||
Unrealized depreciation on futures contracts | (21,326) | — | — | (21,326) | |||
Total | $1,470 | $1,125 | $— | $2,595 |
* | Amount less than one thousand. |
† | Futures contracts and credit default swaps are not included in the fund’s investment portfolio. |
Investment securities | |||||||
Level 1 | Level 2 | Level 3 | Total | ||||
Assets: | |||||||
Common stocks: | |||||||
Financials | $14,521 | $18,892 | $— | $33,413 | |||
Industrials | 14,891 | 12,363 | — | 27,254 | |||
Health care | 17,592 | 7,882 | — | 25,474 | |||
Information technology | 21,485 | 2,352 | — | 23,837 | |||
Consumer staples | 3,673 | 15,156 | — | 18,829 | |||
Utilities | 9,750 | 7,279 | — | 17,029 | |||
Materials | 5,151 | 7,376 | — | 12,527 | |||
Energy | 7,302 | 4,443 | — | 11,745 | |||
Communication services | 9,091 | 2,322 | — | 11,413 | |||
Consumer discretionary | 4,476 | 3,684 | — | 8,160 | |||
Real estate | 3,546 | 2,598 | — | 6,144 | |||
Preferred securities | 1,462 | 1,060 | — | 2,522 | |||
Convertible stocks | 1,163 | — | — | 1,163 | |||
Investment funds | 1,672 | — | — | 1,672 | |||
Bonds, notes & other debt instruments: | |||||||
U.S. Treasury bonds & notes | — | 48,724 | — | 48,724 | |||
Bonds & notes of governments & government agencies outside the U.S. | — | 43,322 | — | 43,322 | |||
Corporate bonds, notes & loans | — | 21,241 | — | 21,241 | |||
Mortgage-backed obligations | — | 7,969 | — | 7,969 | |||
Asset-backed obligations | — | 2,434 | — | 2,434 | |||
Municipals | — | 129 | — | 129 | |||
Short-term securities | 28,302 | — | — | 28,302 | |||
Total | $144,077 | $209,226 | $— | $353,303 |
Other investments* | |||||||
Level 1 | Level 2 | Level 3 | Total | ||||
Assets: | |||||||
Unrealized appreciation on futures contracts | $202 | $— | $— | $202 | |||
Unrealized appreciation on open forward currency contracts | — | 173 | — | 173 | |||
Unrealized appreciation on centrally cleared interest rate swaps | — | 10 | — | 10 | |||
Liabilities: | |||||||
Unrealized depreciation on futures contracts | (209) | — | — | (209) | |||
Unrealized depreciation on open forward currency contracts | — | (497) | — | (497) | |||
Unrealized depreciation on centrally cleared interest rate swaps | — | (1,068) | — | (1,068) | |||
Unrealized depreciation on centrally cleared credit default swaps | — | (32) | — | (32) | |||
Total | $(7) | $(1,414) | $— | $(1,421) |
* | Futures contracts, forward currency contracts, interest rate swaps and credit default swaps are not included in the fund’s investment portfolio. |
Investment securities | |||||||
Level 1 | Level 2 | Level 3 | Total | ||||
Assets: | |||||||
Bonds, notes & other debt instruments: | |||||||
Corporate bonds, notes & loans | $— | $3,572,579 | $— | $3,572,579 | |||
U.S. Treasury bonds & notes | — | 2,866,707 | — | 2,866,707 | |||
Mortgage-backed obligations | — | 2,796,791 | 1,490 | 2,798,281 | |||
Asset-backed obligations | — | 478,552 | 8,263 | 486,815 | |||
Municipals | — | 165,203 | — | 165,203 | |||
Bonds & notes of governments & government agencies outside the U.S. | — | 129,220 | — | 129,220 | |||
Federal agency bonds & notes | — | 11,102 | — | 11,102 | |||
Short-term securities | 2,269,568 | — | — | 2,269,568 | |||
Total | $2,269,568 | $10,020,154 | $9,753 | $12,299,475 |
Other investments* | |||||||
Level 1 | Level 2 | Level 3 | Total | ||||
Assets: | |||||||
Unrealized appreciation on futures contracts | $9,709 | $— | $— | $9,709 | |||
Unrealized appreciation on open forward currency contracts | — | 749 | — | 749 | |||
Unrealized appreciation on centrally cleared interest rate swaps | — | 15,112 | — | 15,112 | |||
Unrealized appreciation on centrally cleared credit default swaps | — | 1,132 | — | 1,132 | |||
Liabilities: | |||||||
Unrealized depreciation on futures contracts | (69,553) | — | — | (69,553) | |||
Unrealized depreciation on centrally cleared interest rate swaps | — | (5,880) | — | (5,880) | |||
Unrealized depreciation on centrally cleared credit default swaps | — | (731) | — | (731) | |||
Total | $(59,844) | $10,382 | $— | $(49,462) |
* | Futures contracts, forward currency contracts, interest rate swaps and credit default swaps are not included in the fund’s investment portfolio. |
Investment securities | |||||||
Level 1 | Level 2 | Level 3 | Total | ||||
Assets: | |||||||
Bonds, notes & other debt instruments: | |||||||
Euros | $— | $253,001 | $— | $253,001 | |||
Japanese yen | — | 91,076 | — | 91,076 | |||
Chinese yuan renminbi | — | 46,909 | — | 46,909 | |||
British pounds | — | 43,150 | — | 43,150 | |||
Canadian dollars | — | 29,945 | — | 29,945 | |||
Mexican pesos | — | 29,551 | — | 29,551 | |||
Danish kroner | — | 22,855 | — | 22,855 | |||
Australian dollars | — | 22,072 | — | 22,072 | |||
Russian rubles | — | 11,909 | — | 11,909 | |||
Colombian pesos | — | 10,520 | — | 10,520 | |||
Indonesian rupiah | — | 8,328 | — | 8,328 | |||
Brazilian reais | — | 7,610 | — | 7,610 | |||
Chilean pesos | — | 7,194 | — | 7,194 | |||
South Korean won | — | 6,697 | — | 6,697 | |||
South African rand | — | 2,714 | — | 2,714 | |||
Malaysian ringgits | — | 1,977 | — | 1,977 | |||
Indian rupees | — | 1,118 | — | 1,118 | |||
Romanian leu | — | 912 | — | 912 | |||
Polish zloty | — | 749 | — | 749 | |||
Norwegian kroner | — | 550 | — | 550 | |||
Ukrainian hryvnia | — | 399 | — | 399 | |||
U.S. dollars | — | 708,146 | 270 | 708,416 | |||
Preferred securities | — | — | 15 | 15 | |||
Common stocks | 328 | — | —* | 328 | |||
Short-term securities | 225,932 | — | — | 225,932 | |||
Total | $226,260 | $1,307,382 | $285 | $1,533,927 |
Other investments† | |||||||
Level 1 | Level 2 | Level 3 | Total | ||||
Assets: | |||||||
Unrealized appreciation on futures contracts | $3,563 | $— | $— | $3,563 | |||
Unrealized appreciation on open forward currency contracts | — | 3,063 | — | 3,063 | |||
Unrealized appreciation on centrally cleared interest rate swaps | — | 52 | — | 52 | |||
Unrealized appreciation on centrally cleared credit default swaps | — | 1,416 | — | 1,416 | |||
Liabilities: | |||||||
Unrealized depreciation on futures contracts | (7,017) | — | — | (7,017) | |||
Unrealized depreciation on open forward currency contracts | — | (11,597) | — | (11,597) | |||
Unrealized depreciation on centrally cleared interest rate swaps | — | (12,749) | — | (12,749) | |||
Unrealized depreciation on centrally cleared credit default swaps | — | (136) | — | (136) | |||
Total | $(3,454) | $(19,951) | $— | $(23,405) |
* | Amount less than one thousand. |
† | Futures contracts, forward currency contracts, interest rate swaps and credit default swaps are not included in the fund’s investment portfolio. |
Investment securities | |||||||
Level 1 | Level 2 | Level 3 | Total | ||||
Assets: | |||||||
Bonds, notes & other debt instruments: | |||||||
Corporate bonds, notes & loans | $— | $731,232 | $2,494 | $733,726 | |||
Mortgage-backed obligations | — | — | 631 | 631 | |||
Convertible bonds & notes | — | 438 | 79 | 517 | |||
Convertible stocks | 383 | 463 | — | 846 | |||
Common stocks | 9,449 | 1,819 | 27,179 | 38,447 | |||
Preferred securities | — | — | 2,621 | 2,621 | |||
Rights & warrants | 421 | 1,362 | 10 | 1,793 | |||
Short-term securities | 29,255 | — | — | 29,255 | |||
Total | $39,508 | $735,314 | $33,014 | $807,836 |
Other investments* | |||||||
Level 1 | Level 2 | Level 3 | Total | ||||
Assets: | |||||||
Unrealized appreciation on futures contracts | $135 | $— | $— | $135 | |||
Unrealized appreciation on centrally cleared credit default swaps | — | 58 | — | 58 | |||
Liabilities: | |||||||
Unrealized depreciation on centrally cleared credit default swaps | — | (114) | — | (114) | |||
Total | $135 | $(56) | $— | $79 |
* | Futures contracts and credit default swaps are not included in the fund’s investment portfolio. |
Beginning value at 1/1/2022 | Transfers into Level 3† | Purchases | Sales | Net realized gain | Unrealized depreciation | Transfers out of Level 3† | Ending value at 9/30/2022 | |
Investment securities | $40,411 | $3,988 | $939 | $(11,069) | $879 | $(2,072) | $(62) | $33,014 |
Net unrealized depreciation during the period on Level 3 investment securities held at September 30, 2022 | $(454) |
Value at 9/30/2022 | Valuation techniques | Unobservable inputs | Range (if applicable) | Weighted average* | Impact to valuation from an increase in input† | |
Bonds, notes & other debt instruments | $3,125 | Estimated recovery value | Expected proceeds | N/A | N/A | N/A |
Par value | N/A | N/A | N/A | |||
Risk discount | 75% | 75% | Decrease | |||
Yield analysis | Yield | 13.8% - 14.4% | 14% | Decrease | ||
Transaction price | N/A | N/A | N/A | N/A | ||
Net adjustment based on market comparables movement (decrease) | 10% | 10% | Decrease | |||
Convertible bonds & notes | 79 | Transaction price | N/A | N/A | N/A | N/A |
Common stocks | 27,179 | Estimated recovery value | Expected proceeds | N/A | N/A | N/A |
Exchange terms | N/A | N/A | N/A | |||
Risk discount | 90% | 90% | Decrease | |||
Net adjustment based on market comparables (decrease) | 20% | 20% | Decrease | |||
Market comparable companies | EV/EBITDA multiple | 2.0x - 4.5x | 2.9x | Increase | ||
EV/EBITDA less CapEx multiple | 10.5x | 10.5x | Increase | |||
DLOM | 18% | 18% | Decrease | |||
Recent market information | Broker quote | N/A | N/A | N/A | ||
Preferred securities | 2,621 | Market comparable companies | EV/EBITDA multiple | 3.5x | 3.5x | Increase |
DLOM | 30% | 30% | Decrease | |||
Recent market information | Broker quote | N/A | N/A | N/A | ||
Rights & warrants | 10 | Recent market information | Broker quote | N/A | N/A | N/A |
Total | $33,014 |
* | Weighted average is by relative fair value. |
† | This column represents the directional change in fair value of the Level 3 securities that would result in an increase from the corresponding input. A decrease to the unobservable input would have the opposite effect. Significant increases and decreases in these inputs in isolation could result in significantly higher or lower fair value measurements. |
Key to abbreviations |
CapEx = Capital expenditures |
DLOM = Discount for lack of marketability |
EBITDA = Earnings before income taxes, depreciation and amortization |
EV = Enterprise value |
Investment securities | |||||||
Level 1 | Level 2 | Level 3 | Total | ||||
Assets: | |||||||
Bonds, notes & other debt instruments: | |||||||
Mortgage-backed obligations | $— | $66,384 | $— | $66,384 | |||
U.S. Treasury bonds & notes | — | 15,288 | — | 15,288 | |||
Asset-backed obligations | — | 3,879 | — | 3,879 | |||
Bonds & notes of governments & government agencies outside the U.S. | — | 493 | — | 493 | |||
Federal agency bonds & notes | — | 235 | — | 235 | |||
Short-term securities | — | 46,636 | — | 46,636 | |||
Total | $— | $132,915 | $— | $132,915 |
Other investments* | |||||||
Level 1 | Level 2 | Level 3 | Total | ||||
Assets: | |||||||
Unrealized appreciation on futures contracts | $87 | $— | $— | $87 | |||
Unrealized appreciation on centrally cleared interest rate swaps | — | 770 | — | 770 | |||
Liabilities: | |||||||
Unrealized depreciation on futures contracts | (1,220) | — | — | (1,220) | |||
Total | $(1,133) | $770 | $— | $(363) |
* | Futures contracts and interest rate swaps are not included in the fund’s investment portfolio. |
Investment securities | |||||||
Level 1 | Level 2 | Level 3 | Total | ||||
Assets: | |||||||
Bonds, notes & other debt instruments: | |||||||
Mortgage-backed obligations | $— | $740,520 | $— | $740,520 | |||
U.S. Treasury bonds & notes | — | 618,784 | — | 618,784 | |||
Federal agency bonds & notes | — | 90,044 | — | 90,044 | |||
Short-term securities | — | 619,545 | — | 619,545 | |||
Total | $— | $2,068,893 | $— | $2,068,893 |
Other investments* | |||||||
Level 1 | Level 2 | Level 3 | Total | ||||
Assets: | |||||||
Unrealized appreciation on futures contracts | $14,683 | $— | $— | $14,683 | |||
Unrealized appreciation on centrally cleared interest rate swaps | — | 31,026 | — | 31,026 | |||
Liabilities: | |||||||
Unrealized depreciation on futures contracts | (39,503) | — | — | (39,503) | |||
Unrealized depreciation on centrally cleared interest rate swaps | — | (21,748) | — | (21,748) | |||
Total | $(24,820) | $9,278 | $— | $(15,542) |
* | Futures contracts and interest rate swaps are not included in the fund’s investment portfolio. |
INGEFP3-998-1122O-S89799 | American Funds Insurance Series — Page 255 of 255 |