UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-CSR
CERTIFIED SHAREHOLDER REPORT OF REGISTERED
MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number: 811-23207
Brinker Capital Destinations Trust
(Exact name of registrant as specified in charter)
1055 Westlakes Drive, Suite 250
Berwyn, PA 19312
(Address of principal executive offices) (Zip code)
The Corporation Trust Company
1209 Orange Street
Wilmington, Delaware 19801
(Name and address of agent for service)
Registrant’s telephone number, including area code: 1 (610) 407-5500
Date of fiscal year end:
February 29
Date of reporting period:
February 29, 2024
Form N-CSR is to be used by management investment companies to file reports with the Commission not later than 10 days after the transmission to stockholders of any report that is required to be transmitted to stockholders under Rule 30e-1 under the Investment Company Act of 1940 (17 CFR 270.30e-1). The Commission may use the information provided on Form N-CSR in its regulatory, disclosure review, inspection, and policymaking rules.
A registrant is required to disclose the information specified by Form N-CSR, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-CSR unless the Form displays a currently valid Office of Management and Budget (“OMB”) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under clearance requirements of 44 U.S.C. § 3507.
ITEM 1. REPORTS TO STOCKHOLDERS.
(a) | The following is a copy of the report transmitted to shareholders pursuant to Rule 30e-1 under the Investment Company Act of 1940 (17 CFR 270.30e-1). |
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| | |
YTD
|
| |
1 Year
|
| |
3 Year
|
| |
Since Inception
(3/20/2017) |
| ||||||||||||
Destinations Large Cap Equity Fund Class I
|
| | | | 6.88% | | | | | | 28.18% | | | | | | 8.53% | | | | | | 11.93% | | |
Russell 1000 Index
|
| | | | 6.87% | | | | | | 29.81% | | | | | | 10.66% | | | | | | 13.33% | | |
| | |
YTD
|
| |
1 Year
|
| |
3 Year
|
| |
Since Inception
(3/20/2017) |
| ||||||||||||
Destinations Small-Mid Cap Equity Fund Class I
|
| | | | 4.61% | | | | | | 12.00% | | | | | | 2.34% | | | | | | 10.45% | | |
Russell Midcap Index
|
| | | | 4.08% | | | | | | 15.46% | | | | | | 5.51% | | | | | | 9.96% | | |
Russell 2000 Index
|
| | | | 1.54% | | | | | | 10.05% | | | | | | -0.94% | | | | | | 7.26% | | |
| | |
YTD
|
| |
1 Year
|
| |
3 Year
|
| |
Since Inception
(3/20/2017) |
| ||||||||||||
Destinations International Equity Fund Class I
|
| | | | -0.23% | | | | | | 10.84% | | | | | | -2.61% | | | | | | 5.34% | | |
FTSE All-World ex US Index – Net
|
| | | | 1.46% | | | | | | 12.70% | | | | | | 1.56% | | | | | | 5.51% | | |
| | |
YTD
|
| |
1 Year
|
| |
3 Year
|
| |
Since Inception
(3/20/2017) |
| ||||||||||||
Destinations Equity Income Fund Class I
|
| | | | 1.06% | | | | | | 6.00% | | | | | | 7.95% | | | | | | 6.44% | | |
FTSE All-World High Dividend Yield Index – Net
|
| | | | 1.67% | | | | | | 11.42% | | | | | | 6.78% | | | | | | 6.11% | | |
| | |
YTD
|
| |
1 Year
|
| |
3 Year
|
| |
Since Inception
(3/20/2017) |
| ||||||||||||
Destinations Core Fixed Income Fund Class I
|
| | | | -1.07% | | | | | | 3.42% | | | | | | -3.32% | | | | | | 0.23% | | |
ICE BofA US Broad Market Index
|
| | | | -1.49% | | | | | | 3.39% | | | | | | -3.07% | | | | | | 1.02% | | |
| | |
YTD
|
| |
1 Year
|
| |
3 Year
|
| |
Since Inception
(3/20/2017) |
| ||||||||||||
Destinations Low Duration Fixed Income Fund Class I
|
| | | | 1.17% | | | | | | 7.79% | | | | | | 3.81% | | | | | | 3.09% | | |
ICE BofA US Corporate & Government (1-3 Yr) Index
|
| | | | 0.07% | | | | | | 4.63% | | | | | | 0.12% | | | | | | 1.42% | | |
ICE BofA US High Yield 0-3 Year Index
|
| | | | 1.03% | | | | | | 9.74% | | | | | | 4.49% | | | | | | 4.63% | | |
| | |
YTD
|
| |
1 Year
|
| |
3 Year
|
| |
Since Inception
(3/20/2017) |
| ||||||||||||
Destinations Global Fixed Income Opportunities Fund Class I
|
| | | | 1.92% | | | | | | 8.98% | | | | | | 2.76% | | | | | | 3.45% | | |
ICE BofA US High Yield Index
|
| | | | 0.31% | | | | | | 10.97% | | | | | | 1.86% | | | | | | 4.21% | | |
| | |
YTD
|
| |
1 Year
|
| |
3 Year
|
| |
Since Inception
(3/20/2017) |
| ||||||||||||
Destinations Municipal Fixed Income Fund Class I
|
| | | | 0.17% | | | | | | 4.42% | | | | | | -0.18% | | | | | | 1.38% | | |
ICE BofA US Municipal Securities 2-12 Year Index
|
| | | | -0.18% | | | | | | 4.29% | | | | | | 0.03% | | | | | | 2.00% | | |
ICE BofA US Municipal Securities 1-10 Year Index
|
| | | | -0.12% | | | | | | 4.05% | | | | | | 0.12% | | | | | | 1.77% | | |
| | |
YTD
|
| |
1 Year
|
| |
3 Year
|
| |
Since Inception
(3/20/2017) |
| ||||||||||||
Destinations Multi Strategy Alternatives Fund Class I
|
| | | | 1.36% | | | | | | 10.51% | | | | | | 4.46% | | | | | | 4.73% | | |
Morningstar Broad Hedge Fund Index
|
| | | | 3.59% | | | | | | 8.10% | | | | | | 12.32% | | | | | | 8.27% | | |
| | |
YTD
|
| |
1 Year
|
| |
3 Year
|
| |
Since Inception
(10/26/2021) |
| ||||||||||||
Destinations Shelter Fund Class I
|
| | | | 5.22% | | | | | | 20.91% | | | | | | | | | | | | 2.41% | | |
Russell 1000 Index
|
| | | | 6.87% | | | | | | 29.81% | | | | | | 10.66% | | | | | | 5.29% | | |
S&P 500 Index
|
| | | | 7.11% | | | | | | 30.45% | | | | | | 11.91% | | | | | | 6.40% | | |
Fund
|
| |
Total
Return(2) |
| |
Beginning
Account Value |
| |
Ending
Account Value |
| |
Annualized
Expense Ratios(3) |
| |
Expense
Paid During the Period(4) |
| |||||||||||||||
Destinations Large Cap Equity Fund – Class I
|
| | | | 14.55% | | | | | $ | 1,000.00 | | | | | $ | 1,145.50 | | | | | | 0.77% | | | | | $ | 4.11 | | |
Destinations Large Cap Equity Fund – Class Z
|
| | | | 14.71% | | | | | | 1,000.00 | | | | | | 1,147.12 | | | | | | 0.62% | | | | | | 3.31 | | |
Destinations Small-Mid Cap Equity Fund – Class I
|
| | | | 9.95% | | | | | | 1,000.00 | | | | | | 1,099.52 | | | | | | 1.06% | | | | | | 5.53 | | |
Destinations Small-Mid Cap Equity Fund – Class Z
|
| | | | 10.10% | | | | | | 1,000.00 | | | | | | 1,101.03 | | | | | | 0.91% | | | | | | 4.75 | | |
Destinations International Equity Fund – Class I
|
| | | | 5.44% | | | | | | 1,000.00 | | | | | | 1,054.41 | | | | | | 1.09% | | | | | | 5.57 | | |
Destinations International Equity Fund – Class Z
|
| | | | 5.53% | | | | | | 1,000.00 | | | | | | 1,055.27 | | | | | | 0.94% | | | | | | 4.80 | | |
Destinations Equity Income Fund – Class I
|
| | | | 5.74% | | | | | | 1,000.00 | | | | | | 1,057.42 | | | | | | 0.99% | | | | | | 5.06 | | |
Destinations Equity Income Fund – Class Z
|
| | | | 5.75% | | | | | | 1,000.00 | | | | | | 1,057.47 | | | | | | 0.84% | | | | | | 4.30 | | |
Destinations Core Fixed Income Fund – Class I
|
| | | | 2.64% | | | | | | 1,000.00 | | | | | | 1,026.42 | | | | | | 0.79% | | | | | | 3.98 | | |
Destinations Core Fixed Income Fund – Class Z
|
| | | | 2.64% | | | | | | 1,000.00 | | | | | | 1,026.37 | | | | | | 0.64% | | | | | | 3.22 | | |
Destinations Low Duration Fixed Income Fund – Class I
|
| | | | 4.87% | | | | | | 1,000.00 | | | | | | 1,048.75 | | | | | | 0.92% | | | | | | 4.69 | | |
Destinations Low Duration Fixed Income Fund – Class Z
|
| | | | 4.93% | | | | | | 1,000.00 | | | | | | 1,049.31 | | | | | | 0.77% | | | | | | 3.92 | | |
Destinations Global Fixed Income Opportunities Fund – Class I
|
| | | | 6.25% | | | | | | 1,000.00 | | | | | | 1,062.51 | | | | | | 1.04% | | | | | | 5.33 | | |
Destinations Global Fixed Income Opportunities Fund – Class Z
|
| | | | 6.31% | | | | | | 1,000.00 | | | | | | 1,063.06 | | | | | | 0.89% | | | | | | 4.57 | | |
Destinations Municipal Fixed Income Fund – Class I
|
| | | | 3.44% | | | | | | 1,000.00 | | | | | | 1,034.41 | | | | | | 0.78% | | | | | | 3.95 | | |
Destinations Municipal Fixed Income Fund – Class Z
|
| | | | 3.51% | | | | | | 1,000.00 | | | | | | 1,035.07 | | | | | | 0.63% | | | | | | 3.19 | | |
Destinations Multi Strategy Alternatives Fund – Class I
|
| | | | 6.41% | | | | | | 1,000.00 | | | | | | 1,064.07 | | | | | | 1.17% | | | | | | 6.00 | | |
Destinations Multi Strategy Alternatives Fund – Class Z
|
| | | | 6.46% | | | | | | 1,000.00 | | | | | | 1,064.58 | | | | | | 1.02% | | | | | | 5.24 | | |
Destinations Shelter Fund – Class I
|
| | | | 8.50% | | | | | | 1,000.00 | | | | | | 1,085.01 | | | | | | 1.16% | | | | | | 6.01 | | |
Destinations Shelter Fund – Class Z
|
| | | | 8.59% | | | | | | 1,000.00 | | | | | | 1,085.86 | | | | | | 1.01% | | | | | | 5.24 | | |
Fund
|
| |
Hypothetical
Annualized Total Return |
| |
Beginning
Account Value |
| |
Ending
Account Value |
| |
Annualized
Expense Ratios(2) |
| |
Expense
Paid During the Period(3) |
| |||||||||||||||
Destinations Large Cap Equity Fund – Class I
|
| | | | 5.00% | | | | | $ | 1,000.00 | | | | | $ | 1,021.03 | | | | | | 0.77% | | | | | $ | 3.87 | | |
Destinations Large Cap Equity Fund – Class Z
|
| | | | 5.00% | | | | | | 1,000.00 | | | | | | 1,021.78 | | | | | | 0.62% | | | | | | 3.12 | | |
Destinations Small-Mid Cap Equity Fund – Class I
|
| | | | 5.00% | | | | | | 1,000.00 | | | | | | 1,019.59 | | | | | | 1.06% | | | | | | 5.32 | | |
Destinations Small-Mid Cap Equity Fund – Class Z
|
| | | | 5.00% | | | | | | 1,000.00 | | | | | | 1,020.34 | | | | | | 0.91% | | | | | | 4.57 | | |
Destinations International Equity Fund – Class I
|
| | | | 5.00% | | | | | | 1,000.00 | | | | | | 1,019.44 | | | | | | 1.09% | | | | | | 5.47 | | |
Destinations International Equity Fund – Class Z
|
| | | | 5.00% | | | | | | 1,000.00 | | | | | | 1,020.19 | | | | | | 0.94% | | | | | | 4.72 | | |
Destinations Equity Income Fund – Class I
|
| | | | 5.00% | | | | | | 1,000.00 | | | | | | 1,019.94 | | | | | | 0.99% | | | | | | 4.97 | | |
Destinations Equity Income Fund – Class Z
|
| | | | 5.00% | | | | | | 1,000.00 | | | | | | 1,020.69 | | | | | | 0.84% | | | | | | 4.22 | | |
Destinations Core Fixed Income Fund – Class I
|
| | | | 5.00% | | | | | | 1,000.00 | | | | | | 1,020.93 | | | | | | 0.79% | | | | | | 3.97 | | |
Destinations Core Fixed Income Fund – Class Z
|
| | | | 5.00% | | | | | | 1,000.00 | | | | | | 1,021.68 | | | | | | 0.64% | | | | | | 3.22 | | |
Destinations Low Duration Fixed Income Fund – Class I
|
| | | | 5.00% | | | | | | 1,000.00 | | | | | | 1,020.29 | | | | | | 0.92% | | | | | | 4.62 | | |
Destinations Low Duration Fixed Income Fund – Class Z
|
| | | | 5.00% | | | | | | 1,000.00 | | | | | | 1,021.03 | | | | | | 0.77% | | | | | | 3.87 | | |
Destinations Global Fixed Income Opportunities Fund – Class I
|
| | | | 5.00% | | | | | | 1,000.00 | | | | | | 1,019.69 | | | | | | 1.04% | | | | | | 5.22 | | |
Destinations Global Fixed Income Opportunities Fund – Class Z
|
| | | | 5.00% | | | | | | 1,000.00 | | | | | | 1,020.44 | | | | | | 0.89% | | | | | | 4.47 | | |
Destinations Municipal Fixed Income Fund – Class I
|
| | | | 5.00% | | | | | | 1,000.00 | | | | | | 1,020.98 | | | | | | 0.78% | | | | | | 3.92 | | |
Destinations Municipal Fixed Income Fund – Class Z
|
| | | | 5.00% | | | | | | 1,000.00 | | | | | | 1,021.73 | | | | | | 0.63% | | | | | | 3.17 | | |
Destinations Multi Strategy Alternatives Fund – Class I
|
| | | | 5.00% | | | | | | 1,000.00 | | | | | | 1,019.05 | | | | | | 1.17% | | | | | | 5.87 | | |
Destinations Multi Strategy Alternatives Fund – Class Z
|
| | | | 5.00% | | | | | | 1,000.00 | | | | | | 1,019.79 | | | | | | 1.02% | | | | | | 5.12 | | |
Destinations Shelter Fund – Class I
|
| | | | 5.00% | | | | | | 1,000.00 | | | | | | 1,019.10 | | | | | | 1.16% | | | | | | 5.82 | | |
Destinations Shelter Fund – Class Z
|
| | | | 5.00% | | | | | | 1,000.00 | | | | | | 1,019.84 | | | | | | 1.01% | | | | | | 5.07 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| | | ||||||||||
| COMMON STOCKS – 98.0% | | | | ||||||||||||||||
| BASIC MATERIALS – 1.9% | | | | ||||||||||||||||
| Chemicals – 1.0% | | | | ||||||||||||||||
| | | 3,727 | | | |
Air Products & Chemicals Inc.
|
| | | $ | 872,267 | | | | | ||||
| | | 126,278 | | | |
CF Industries Holdings Inc.
|
| | | | 10,193,160 | | | | | ||||
| | | 12,000 | | | |
Dow Inc.
|
| | | | 670,560 | | | | | ||||
| | | 59,954 | | | |
Eastman Chemical Co.
|
| | | | 5,260,364 | | | | | ||||
| | | 4,216 | | | |
Ecolab Inc.
|
| | | | 947,925 | | | | | ||||
| | | 54,693 | | | |
Linde PLC
|
| | | | 24,547,312 | | | | | ||||
| | | 4,028 | | | |
Sherwin-Williams Co.
|
| | | | 1,337,417 | | | | | ||||
| | | | | | |
Total Chemicals
|
| | | | 43,829,005 | | | | | ||||
| Forest Products & Paper – 0.1% | | | | ||||||||||||||||
| | | 140,069 | | | |
International Paper Co.
|
| | | | 4,952,840 | | | | | ||||
| Mining – 0.8% | | | | | | | | ||||||||||||
| | | 415,315 | | | |
Freeport-McMoRan Inc.
|
| | | | 15,703,060 | | | | | ||||
| | | 478,771 | | | |
Newmont Corp.
|
| | | | 14,961,594 | | | | | ||||
| | | 1,400 | | | |
Southern Copper Corp.
|
| | | | 113,204 | | | | | ||||
| | | | | | |
Total Mining
|
| | | | 30,777,858 | | | | | ||||
| | | | | | |
TOTAL BASIC MATERIALS
|
| | | | 79,559,703 | | | | | ||||
| COMMUNICATIONS – 11.8% | | | | ||||||||||||||||
| Advertising – 0.3% | | | | ||||||||||||||||
| | | 341,705 | | | |
Interpublic Group of Cos., Inc.
|
| | | | 10,729,537 | | | | | ||||
| Internet – 9.7% | | | | ||||||||||||||||
| | | 6,900 | | | |
Airbnb Inc., Class A Shares*
|
| | | | 1,086,543 | | | | | ||||
| | | 836,615 | | | |
Alphabet Inc., Class A Shares*
|
| | | | 115,837,713 | | | | | ||||
| | | 235,455 | | | |
Alphabet Inc., Class C Shares*
|
| | | | 32,911,900 | | | | | ||||
| | | 788,196 | | | |
Amazon.com Inc.*
|
| | | | 139,321,525 | | | | | ||||
| | | 6,128 | | | |
Booking Holdings Inc.*
|
| | | | 21,256,990 | | | | | ||||
| | | 70,410 | | | |
Etsy Inc.*
|
| | | | 5,047,693 | | | | | ||||
| | | 360,066 | | | |
Match Group Inc.*
|
| | | | 12,976,779 | | | | | ||||
| | | 37,660 | | | |
Meta Platforms Inc., Class A Shares
|
| | | | 18,458,296 | | | | | ||||
| | | 7,363 | | | |
Netflix Inc.*
|
| | | | 4,439,300 | | | | | ||||
| | | 134,670 | | | |
Palo Alto Networks Inc.*
|
| | | | 41,821,768 | | | | | ||||
| | | 167,478 | | | |
Uber Technologies Inc.*
|
| | | | 13,314,501 | | | | | ||||
| | | 25,054 | | | |
VeriSign Inc.*
|
| | | | 4,892,796 | | | | | ||||
| | | | | | |
Total Internet
|
| | | | 411,365,804 | | | | | ||||
| Media – 0.3% | | | | ||||||||||||||||
| | | 1,672 | | | |
Charter Communications Inc., Class A Shares*
|
| | | | 491,451 | | | | | ||||
| | | 67,793 | | | |
Comcast Corp., Class A Shares
|
| | | | 2,904,930 | | | | | ||||
| | | 171,535 | | | |
Fox Corp., Class A Shares
|
| | | | 5,110,028 | | | | | ||||
| | | 31,085 | | | |
Walt Disney Co.
|
| | | | 3,468,464 | | | | | ||||
| | | | | | |
Total Media
|
| | | | 11,974,873 | | | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| COMMUNICATIONS – (continued) | | ||||||||||||
| Telecommunications – 1.5% | | ||||||||||||
| | | 4,214 | | | |
Arista Networks Inc.*
|
| | | $ | 1,169,554 | | |
| | | 986,234 | | | |
AT&T Inc.
|
| | | | 16,696,942 | | |
| | | 451,479 | | | |
Cisco Systems Inc.
|
| | | | 21,838,039 | | |
| | | 19,432 | | | |
Motorola Solutions Inc.
|
| | | | 6,420,138 | | |
| | | 97,868 | | | |
T-Mobile US Inc.
|
| | | | 15,981,844 | | |
| | | 71,472 | | | |
Verizon Communications Inc.
|
| | | | 2,860,309 | | |
| | | | | | |
Total Telecommunications
|
| | | | 64,966,826 | | |
| | | | | | |
TOTAL COMMUNICATIONS
|
| | | | 499,037,040 | | |
| CONSUMER CYCLICAL – 11.7% | | ||||||||||||
| Airlines – 0.6% | | ||||||||||||
| | | 429,846 | | | |
Delta Air Lines Inc.
|
| | | | 18,169,591 | | |
| | | 118,865 | | | |
United Airlines Holdings Inc.*
|
| | | | 5,407,169 | | |
| | | | | | |
Total Airlines
|
| | | | 23,576,760 | | |
| Apparel – 0.8% | | ||||||||||||
| | | 302,567 | | | |
NIKE Inc., Class B Shares
|
| | | | 31,445,788 | | |
| Auto Manufacturers – 0.6% | | ||||||||||||
| | | 21,992 | | | |
Cummins Inc.
|
| | | | 5,907,271 | | |
| | | 66,587 | | | |
Ford Motor Co.
|
| | | | 828,342 | | |
| | | 267,900 | | | |
General Motors Co.
|
| | | | 10,978,542 | | |
| | | 46,866 | | | |
Tesla Inc.*
|
| | | | 9,461,308 | | |
| | | | | | |
Total Auto Manufacturers
|
| | | | 27,175,463 | | |
| Auto Parts & Equipment – 0.2% | | ||||||||||||
| | | 111,104 | | | |
Aptiv PLC*
|
| | | | 8,831,657 | | |
| Distribution/Wholesale – 2.0% | | ||||||||||||
| | | 382,826 | | | |
Copart Inc.*
|
| | | | 20,347,202 | | |
| | | 79,584 | | | |
Ferguson PLC
|
| | | | 16,828,037 | | |
| | | 883,228 | | | |
LKQ Corp.
|
| | | | 46,183,992 | | |
| | | | | | |
Total Distribution/Wholesale
|
| | | | 83,359,231 | | |
| Entertainment – 1.1% | | ||||||||||||
| | | 311,762 | | | |
International Game Technology PLC
|
| | | | 8,470,574 | | |
| | | 226,969 | | | |
Live Nation Entertainment Inc.*
|
| | | | 22,011,454 | | |
| | | 73,343 | | | |
Vail Resorts Inc.
|
| | | | 16,891,626 | | |
| | | | | | |
Total Entertainment
|
| | | | 47,373,654 | | |
| Home Furnishings – 0.2% | | ||||||||||||
| | | 104,285 | | | |
Dolby Laboratories Inc., Class A Shares
|
| | | | 8,447,085 | | |
| Lodging – 0.5% | | ||||||||||||
| | | 370,147 | | | |
Las Vegas Sands Corp.
|
| | | | 20,180,415 | | |
| | | 4,092 | | | |
Marriott International Inc., Class A Shares
|
| | | | 1,022,468 | | |
| | | | | | |
Total Lodging
|
| | | | 21,202,883 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| CONSUMER CYCLICAL – (continued) | | ||||||||||||
| Retail – 5.7% | | ||||||||||||
| | | 320 | | | |
AutoZone Inc.*
|
| | | $ | 961,927 | | |
| | | 583,657 | | | |
BJ’s Wholesale Club Holdings Inc.*
|
| | | | 42,630,307 | | |
| | | 42,241 | | | |
Casey’s General Stores Inc.
|
| | | | 12,861,962 | | |
| | | 17,720 | | | |
Chipotle Mexican Grill Inc., Class A Shares*
|
| | | | 47,645,005 | | |
| | | 64,599 | | | |
Costco Wholesale Corp.
|
| | | | 48,054,550 | | |
| | | 3,738 | | | |
Dollar General Corp.
|
| | | | 543,169 | | |
| | | 12,704 | | | |
Domino’s Pizza Inc.
|
| | | | 5,695,838 | | |
| | | 17,023 | | | |
Home Depot Inc.
|
| | | | 6,479,124 | | |
| | | 9,769 | | | |
Lowe’s Cos., Inc.
|
| | | | 2,351,105 | | |
| | | 29,313 | | | |
Lululemon Athletica Inc.*
|
| | | | 13,691,809 | | |
| | | 12,366 | | | |
McDonald’s Corp.
|
| | | | 3,614,335 | | |
| | | 29,305 | | | |
O’Reilly Automotive Inc.*
|
| | | | 31,866,843 | | |
| | | 119,726 | | | |
Starbucks Corp.
|
| | | | 11,361,997 | | |
| | | 7,773 | | | |
Target Corp.
|
| | | | 1,188,647 | | |
| | | 19,566 | | | |
TJX Cos., Inc.
|
| | | | 1,939,773 | | |
| | | 72,825 | | | |
Walmart Inc.
|
| | | | 4,268,273 | | |
| | | 40,719 | | | |
Yum! Brands Inc.
|
| | | | 5,636,324 | | |
| | | | | | |
Total Retail
|
| | | | 240,790,988 | | |
| | | | | | |
TOTAL CONSUMER CYCLICAL
|
| | | | 492,203,509 | | |
| CONSUMER NON-CYCLICAL – 20.1% | | ||||||||||||
| Agriculture – 0.3% | | ||||||||||||
| | | 30,300 | | | |
Altria Group Inc.
|
| | | | 1,239,573 | | |
| | | 9,108 | | | |
Archer-Daniels-Midland Co.
|
| | | | 483,726 | | |
| | | 130,548 | | | |
Darling Ingredients Inc.*
|
| | | | 5,523,486 | | |
| | | 98,370 | | | |
Philip Morris International Inc.
|
| | | | 8,849,365 | | |
| | | | | | |
Total Agriculture
|
| | | | 16,096,150 | | |
| Beverages – 1.5% | | ||||||||||||
| | | 88,092 | | | |
Brown-Forman Corp., Class B Shares
|
| | | | 5,305,781 | | |
| | | 66,117 | | | |
Coca-Cola Co.
|
| | | | 3,968,342 | | |
| | | 2,690 | | | |
Constellation Brands Inc., Class A Shares
|
| | | | 668,519 | | |
| | | 906,721 | | | |
Keurig Dr Pepper Inc.
|
| | | | 27,120,025 | | |
| | | 358,909 | | | |
Monster Beverage Corp.*
|
| | | | 21,211,522 | | |
| | | 23,391 | | | |
PepsiCo Inc.
|
| | | | 3,867,468 | | |
| | | | | | |
Total Beverages
|
| | | | 62,141,657 | | |
| Biotechnology – 2.2% | | ||||||||||||
| | | 25,286 | | | |
Alnylam Pharmaceuticals Inc.*
|
| | | | 3,820,462 | | |
| | | 43,848 | | | |
Amgen Inc.
|
| | | | 12,006,898 | | |
| | | 38,439 | | | |
Biogen Inc.*
|
| | | | 8,340,879 | | |
| | | 264,156 | | | |
BioMarin Pharmaceutical Inc.*
|
| | | | 22,791,380 | | |
| | | 83,497 | | | |
Gilead Sciences Inc.
|
| | | | 6,020,134 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| CONSUMER NON-CYCLICAL – (continued) | | ||||||||||||
| Biotechnology – (continued) | | ||||||||||||
| | | 88,045 | | | |
Illumina Inc.*
|
| | | $ | 12,311,332 | | |
| | | 82,024 | | | |
Incyte Corp.*
|
| | | | 4,786,921 | | |
| | | 5,600 | | | |
Moderna Inc.*
|
| | | | 516,544 | | |
| | | 13,894 | | | |
Regeneron Pharmaceuticals Inc.*
|
| | | | 13,422,854 | | |
| | | 16,799 | | | |
Vertex Pharmaceuticals Inc.*
|
| | | | 7,068,011 | | |
| | | | | | |
Total Biotechnology
|
| | | | 91,085,415 | | |
| Commercial Services – 1.4% | | ||||||||||||
| | | 7,036 | | | |
Automatic Data Processing Inc.
|
| | | | 1,766,951 | | |
| | | 330,013 | | | |
CoStar Group Inc.*
|
| | | | 28,721,031 | | |
| | | 21,488 | | | |
Equifax Inc.
|
| | | | 5,878,902 | | |
| | | 2,654 | | | |
Moody’s Corp.
|
| | | | 1,006,981 | | |
| | | 18,689 | | | |
PayPal Holdings Inc.*
|
| | | | 1,127,694 | | |
| | | 72,935 | | | |
Quanta Services Inc.
|
| | | | 17,614,532 | | |
| | | 5,512 | | | |
S&P Global Inc.
|
| | | | 2,361,231 | | |
| | | | | | |
Total Commercial Services
|
| | | | 58,477,322 | | |
| Cosmetics/Personal Care – 0.6% | | ||||||||||||
| | | 13,920 | | | |
Colgate-Palmolive Co.
|
| | | | 1,204,358 | | |
| | | 3,897 | | | |
Estee Lauder Cos., Inc., Class A Shares
|
| | | | 579,016 | | |
| | | 828,736 | | | |
Kenvue Inc.
|
| | | | 15,745,984 | | |
| | | 39,985 | | | |
Procter & Gamble Co.
|
| | | | 6,355,216 | | |
| | | | | | |
Total Cosmetics/Personal Care
|
| | | | 23,884,574 | | |
| Food – 2.0% | | ||||||||||||
| | | 9,820 | | | |
General Mills Inc.
|
| | | | 630,248 | | |
| | | 2,577 | | | |
Hershey Co.
|
| | | | 484,270 | | |
| | | 13,634 | | | |
Kraft Heinz Co.
|
| | | | 481,007 | | |
| | | 661,934 | | | |
Kroger Co.
|
| | | | 32,838,546 | | |
| | | 23,069 | | | |
Mondelez International Inc., Class A Shares
|
| | | | 1,685,652 | | |
| | | 500,071 | | | |
Nestle SA, ADR
|
| | | | 51,992,382 | | |
| | | 8,619 | | | |
Sysco Corp.
|
| | | | 697,880 | | |
| | | | | | |
Total Food
|
| | | | 88,809,985 | | |
| Healthcare-Products – 5.4% | | ||||||||||||
| | | 29,375 | | | |
Abbott Laboratories
|
| | | | 3,485,050 | | |
| | | 73,514 | | | |
Agilent Technologies Inc.
|
| | | | 10,097,883 | | |
| | | 109,400 | | | |
Alcon Inc.
|
| | | | 9,249,770 | | |
| | | 201,323 | | | |
Boston Scientific Corp.*
|
| | | | 13,329,596 | | |
| | | 137,148 | | | |
Danaher Corp.
|
| | | | 34,717,645 | | |
| | | 79,344 | | | |
Edwards Lifesciences Corp.*
|
| | | | 6,733,925 | | |
| | | 168,324 | | | |
Exact Sciences Corp.*
|
| | | | 9,683,680 | | |
| | | 315,212 | | | |
GE HealthCare Technologies Inc.
|
| | | | 28,772,551 | | |
| | | 165,531 | | | |
Globus Medical Inc., Class A Shares*
|
| | | | 8,937,019 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| CONSUMER NON-CYCLICAL – (continued) | | ||||||||||||
| Healthcare-Products – (continued) | | ||||||||||||
| | | 93,321 | | | |
Insulet Corp.*
|
| | | $ | 15,304,644 | | |
| | | 137,051 | | | |
Intuitive Surgical Inc.*
|
| | | | 52,846,866 | | |
| | | 315,163 | | | |
Medtronic PLC
|
| | | | 26,271,988 | | |
| | | 6,070 | | | |
Stryker Corp.
|
| | | | 2,118,855 | | |
| | | 6,630 | | | |
Thermo Fisher Scientific Inc.
|
| | | | 3,780,293 | | |
| | | | | | |
Total Healthcare-Products
|
| | | | 225,329,765 | | |
| Healthcare-Services – 3.3% | | ||||||||||||
| | | 173,099 | | | |
Centene Corp.*
|
| | | | 13,576,155 | | |
| | | 47,984 | | | |
DaVita Inc.*
|
| | | | 6,092,528 | | |
| | | 48,273 | | | |
Elevance Health Inc.
|
| | | | 24,196,841 | | |
| | | 3,406 | | | |
HCA Healthcare Inc.
|
| | | | 1,061,650 | | |
| | | 2,116 | | | |
Humana Inc.
|
| | | | 741,277 | | |
| | | 23,344 | | | |
Laboratory Corp. of America Holdings
|
| | | | 5,038,336 | | |
| | | 13,857 | | | |
Molina Healthcare Inc.*
|
| | | | 5,458,411 | | |
| | | 166,433 | | | |
UnitedHealth Group Inc.
|
| | | | 82,151,329 | | |
| | | | | | |
Total Healthcare-Services
|
| | | | 138,316,527 | | |
| Household Products/Wares – 0.0% | | ||||||||||||
| | | 5,673 | | | |
Kimberly-Clark Corp.
|
| | | | 687,397 | | |
| Pharmaceuticals – 3.4% | | ||||||||||||
| | | 84,371 | | | |
AbbVie Inc.
|
| | | | 14,853,515 | | |
| | | 98,290 | | | |
Becton Dickinson & Co.
|
| | | | 23,152,209 | | |
| | | 34,578 | | | |
Bristol-Myers Squibb Co.
|
| | | | 1,754,833 | | |
| | | 4,988 | | | |
Cigna Group
|
| | | | 1,676,666 | | |
| | | 21,709 | | | |
CVS Health Corp.
|
| | | | 1,614,498 | | |
| | | 120,805 | | | |
DexCom Inc.*
|
| | | | 13,901,031 | | |
| | | 55,057 | | | |
Eli Lilly & Co.
|
| | | | 41,495,360 | | |
| | | 40,971 | | | |
Johnson & Johnson
|
| | | | 6,611,900 | | |
| | | 2,303 | | | |
McKesson Corp.
|
| | | | 1,200,807 | | |
| | | 43,177 | | | |
Merck & Co., Inc.
|
| | | | 5,489,956 | | |
| | | 95,928 | | | |
Pfizer Inc.
|
| | | | 2,547,848 | | |
| | | 190,298 | | | |
Sanofi SA, ADR
|
| | | | 9,105,759 | | |
| | | 96,634 | | | |
Zoetis Inc., Class A Shares
|
| | | | 19,165,421 | | |
| | | | | | |
Total Pharmaceuticals
|
| | | | 142,569,803 | | |
| | | | | | |
TOTAL CONSUMER NON-CYCLICAL
|
| | | | 847,398,595 | | |
| ENERGY – 4.0% | | ||||||||||||
| Oil & Gas – 4.0% | | ||||||||||||
| | | 29,258 | | | |
Chevron Corp.
|
| | | | 4,447,509 | | |
| | | 225,074 | | | |
ConocoPhillips
|
| | | | 25,329,828 | | |
| | | 35,161 | | | |
Diamondback Energy Inc.
|
| | | | 6,417,586 | | |
| | | 167,770 | | | |
EOG Resources Inc.
|
| | | | 19,202,954 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| ENERGY – (continued) | | ||||||||||||
| Oil & Gas – (continued) | | ||||||||||||
| | | 474,265 | | | |
EQT Corp.
|
| | | $ | 17,618,945 | | |
| | | 68,763 | | | |
Exxon Mobil Corp.
|
| | | | 7,187,109 | | |
| | | 81,771 | | | |
Marathon Petroleum Corp.
|
| | | | 13,838,106 | | |
| | | 282,961 | | | |
Occidental Petroleum Corp.
|
| | | | 17,150,266 | | |
| | | 117,840 | | | |
Phillips 66
|
| | | | 16,793,378 | | |
| | | 3,941 | | | |
Pioneer Natural Resources Co.
|
| | | | 926,884 | | |
| | | 653,217 | | | |
Suncor Energy Inc.
|
| | | | 22,444,536 | | |
| | | 220,069 | | | |
Valaris Ltd.*
|
| | | | 13,875,350 | | |
| | | 5,753 | | | |
Valero Energy Corp.
|
| | | | 813,819 | | |
| | | | | | |
Total Oil & Gas
|
| | | | 166,046,270 | | |
| Oil & Gas Services – 0.0% | | ||||||||||||
| | | 24,206 | | | |
Schlumberger NV
|
| | | | 1,169,876 | | |
| Pipelines – 0.0% | | ||||||||||||
| | | 33,294 | | | |
Kinder Morgan Inc.
|
| | | | 578,983 | | |
| | | | | | |
TOTAL ENERGY
|
| | | | 167,795,129 | | |
| FINANCIAL – 16.4% | | ||||||||||||
| Banks – 3.4% | | ||||||||||||
| | | 436,816 | | | |
Bank of America Corp.
|
| | | | 15,078,888 | | |
| | | 291,760 | | | |
Citigroup Inc.
|
| | | | 16,189,762 | | |
| | | 564,096 | | | |
First Horizon Corp.
|
| | | | 7,953,754 | | |
| | | 67,664 | | | |
Goldman Sachs Group Inc.
|
| | | | 26,324,679 | | |
| | | 288,981 | | | |
JPMorgan Chase & Co.
|
| | | | 53,767,805 | | |
| | | 101,638 | | | |
Morgan Stanley
|
| | | | 8,744,934 | | |
| | | 6,738 | | | |
PNC Financial Services Group Inc.
|
| | | | 991,834 | | |
| | | 223,859 | | | |
Truist Financial Corp.
|
| | | | 7,830,588 | | |
| | | 26,463 | | | |
US Bancorp
|
| | | | 1,110,388 | | |
| | | 62,330 | | | |
Wells Fargo & Co.
|
| | | | 3,464,925 | | |
| | | | | | |
Total Banks
|
| | | | 141,457,557 | | |
| Diversified Financial Services – 4.5% | | ||||||||||||
| | | 9,862 | | | |
American Express Co.
|
| | | | 2,163,920 | | |
| | | 11,735 | | | |
Ameriprise Financial Inc.
|
| | | | 4,780,370 | | |
| | | 573,140 | | | |
Ant Group Co., Ltd.(a)(b)
|
| | | | 561,219 | | |
| | | 162,853 | | | |
Apollo Global Management Inc.
|
| | | | 18,206,965 | | |
| | | 2,497 | | | |
BlackRock Inc., Class A Shares
|
| | | | 2,025,916 | | |
| | | 6,394 | | | |
Capital One Financial Corp.
|
| | | | 879,878 | | |
| | | 244,503 | | | |
Charles Schwab Corp.
|
| | | | 16,327,910 | | |
| | | 111,777 | | | |
CME Group Inc., Class A Shares
|
| | | | 24,630,062 | | |
| | | 9,595 | | | |
Intercontinental Exchange Inc.
|
| | | | 1,328,140 | | |
| | | 37,347 | | | |
LPL Financial Holdings Inc.
|
| | | | 10,004,888 | | |
| | | 23,752 | | | |
Maplebear Inc.*(a)(b)@
|
| | | | 772,890 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| FINANCIAL – (continued) | | ||||||||||||
| Diversified Financial Services – (continued) | | ||||||||||||
| | | 117,212 | | | |
Mastercard Inc., Class A Shares
|
| | | $ | 55,647,569 | | |
| | | 134,931 | | | |
Visa Inc., Class A Shares
|
| | | | 38,136,898 | | |
| | | 211,535 | | | |
Voya Financial Inc.
|
| | | | 14,460,533 | | |
| | | | | | |
Total Diversified Financial Services
|
| | | | 189,927,158 | | |
| Equity Real Estate Investment Trusts (REITs) – 0.3% | | ||||||||||||
| | | 7,911 | | | |
American Tower Corp.
|
| | | | 1,573,181 | | |
| | | 7,373 | | | |
Crown Castle Inc.
|
| | | | 810,588 | | |
| | | 1,578 | | | |
Equinix Inc.
|
| | | | 1,402,558 | | |
| | | 15,663 | | | |
Prologis Inc.
|
| | | | 2,087,408 | | |
| | | 2,658 | | | |
Public Storage
|
| | | | 754,526 | | |
| | | 155,513 | | | |
Weyerhaeuser Co.
|
| | | | 5,346,537 | | |
| | | | | | |
Total Equity Real Estate Investment Trusts (REITs)
|
| | | | 11,974,798 | | |
| Insurance – 6.9% | | ||||||||||||
| | | 130,854 | | | |
Allstate Corp.
|
| | | | 20,873,830 | | |
| | | 181,184 | | | |
American International Group Inc.
|
| | | | 13,206,502 | | |
| | | 18,796 | | | |
Aon PLC, Class A Shares
|
| | | | 5,939,348 | | |
| | | 82,441 | | | |
Assurant Inc.
|
| | | | 14,958,919 | | |
| | | 237,942 | | | |
Berkshire Hathaway Inc., Class B Shares*
|
| | | | 97,413,455 | | |
| | | 6,941 | | | |
Chubb Ltd.
|
| | | | 1,746,841 | | |
| | | 43,717 | | | |
Fairfax Financial Holdings Ltd.(a)
|
| | | | 46,548,550 | | |
| | | 8,427 | | | |
Marsh & McLennan Cos., Inc.
|
| | | | 1,704,529 | | |
| | | 10,729 | | | |
MetLife Inc.
|
| | | | 748,240 | | |
| | | 129,153 | | | |
Progressive Corp.
|
| | | | 24,482,243 | | |
| | | 83,736 | | | |
RenaissanceRe Holdings Ltd.
|
| | | | 18,825,528 | | |
| | | 3,893 | | | |
Travelers Cos., Inc.
|
| | | | 860,197 | | |
| | | 166,543 | | | |
Willis Towers Watson PLC
|
| | | | 45,401,287 | | |
| | | | | | |
Total Insurance
|
| | | | 292,709,469 | | |
| Private Equity – 1.3% | | ||||||||||||
| | | 12,100 | | | |
Blackstone Inc.
|
| | | | 1,546,622 | | |
| | | 409,346 | | | |
Carlyle Group Inc.
|
| | | | 18,768,514 | | |
| | | 344,978 | | | |
KKR & Co., Inc.
|
| | | | 33,897,538 | | |
| | | | | | |
Total Private Equity
|
| | | | 54,212,674 | | |
| | | | | | |
TOTAL FINANCIAL
|
| | | | 690,281,656 | | |
| INDUSTRIAL – 7.5% | | ||||||||||||
| Aerospace/Defense – 1.8% | | ||||||||||||
| | | 78,113 | | | |
Boeing Co.*
|
| | | | 15,913,180 | | |
| | | 25,088 | | | |
General Dynamics Corp.
|
| | | | 6,855,296 | | |
| | | 168,241 | | | |
Howmet Aerospace Inc.
|
| | | | 11,196,439 | | |
| | | 57,293 | | | |
L3Harris Technologies Inc.
|
| | | | 12,126,636 | | |
| | | 15,317 | | | |
Lockheed Martin Corp.
|
| | | | 6,559,352 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| INDUSTRIAL – (continued) | | ||||||||||||
| Aerospace/Defense – (continued) | | ||||||||||||
| | | 35,789 | | | |
Northrop Grumman Corp.
|
| | | $ | 16,499,445 | | |
| | | 24,434 | | | |
RTX Corp.
|
| | | | 2,190,997 | | |
| | | | | | |
Total Aerospace/Defense
|
| | | | 71,341,345 | | |
| Building Materials – 2.7% | | ||||||||||||
| | | 771,249 | | | |
CRH PLC
|
| | | | 65,024,003 | | |
| | | 218,075 | | | |
Johnson Controls International PLC
|
| | | | 12,925,305 | | |
| | | 32,656 | | | |
Martin Marietta Materials Inc.
|
| | | | 18,865,698 | | |
| | | 45,545 | | | |
Trane Technologies PLC
|
| | | | 12,842,324 | | |
| | | 18,293 | | | |
Vulcan Materials Co.
|
| | | | 4,863,194 | | |
| | | | | | |
Total Building Materials
|
| | | | 114,520,524 | | |
| Electrical Components & Equipment – 0.3% | | ||||||||||||
| | | 42,969 | | | |
Eaton Corp. PLC
|
| | | | 12,418,041 | | |
| | | 9,687 | | | |
Emerson Electric Co.
|
| | | | 1,035,056 | | |
| | | | | | |
Total Electrical Components & Equipment
|
| | | | 13,453,097 | | |
| Electronics – 0.3% | | ||||||||||||
| | | 11,295 | | | |
Honeywell International Inc.
|
| | | | 2,244,655 | | |
| | | 27,700 | | | |
Hubbell Inc., Class B Shares
|
| | | | 10,544,559 | | |
| | | | | | |
Total Electronics
|
| | | | 12,789,214 | | |
| Environmental Control – 0.3% | | ||||||||||||
| | | 128,972 | | | |
Veralto Corp.
|
| | | | 11,145,760 | | |
| | | 6,921 | | | |
Waste Management Inc.
|
| | | | 1,423,304 | | |
| | | | | | |
Total Environmental Control
|
| | | | 12,569,064 | | |
| Machinery-Construction & Mining – 0.1% | | ||||||||||||
| | | 8,713 | | | |
Caterpillar Inc.
|
| | | | 2,909,794 | | |
| Machinery-Diversified – 0.0% | | ||||||||||||
| | | 4,481 | | | |
Deere & Co.
|
| | | | 1,635,789 | | |
| Miscellaneous Manufacturers – 1.2% | | ||||||||||||
| | | 9,300 | | | |
3M Co.
|
| | | | 856,716 | | |
| | | 65,370 | | | |
AO Smith Corp.
|
| | | | 5,419,173 | | |
| | | 21,127 | | | |
Axon Enterprise Inc.*
|
| | | | 6,493,806 | | |
| | | 79,566 | | | |
Carlisle Cos., Inc.
|
| | | | 27,848,100 | | |
| | | 18,381 | | | |
General Electric Co.
|
| | | | 2,883,795 | | |
| | | 5,034 | | | |
Illinois Tool Works Inc.
|
| | | | 1,319,663 | | |
| | | 67,284 | | | |
Textron Inc.
|
| | | | 5,992,986 | | |
| | | | | | |
Total Miscellaneous Manufacturers
|
| | | | 50,814,239 | | |
| Shipbuilding – 0.1% | | ||||||||||||
| | | 20,809 | | | |
Huntington Ingalls Industries Inc.
|
| | | | 6,068,321 | | |
| Transportation – 0.7% | | ||||||||||||
| | | 33,516 | | | |
CSX Corp.
|
| | | | 1,271,597 | | |
| | | 64,361 | | | |
FedEx Corp.
|
| | | | 16,023,958 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| INDUSTRIAL – (continued) | | ||||||||||||
| Transportation – (continued) | | ||||||||||||
| | | 3,869 | | | |
Norfolk Southern Corp.
|
| | | $ | 980,327 | | |
| | | 10,383 | | | |
Union Pacific Corp.
|
| | | | 2,634,063 | | |
| | | 44,979 | | | |
United Parcel Service Inc., Class B Shares
|
| | | | 6,668,587 | | |
| | | | | | |
Total Transportation
|
| | | | 27,578,532 | | |
| | | | | | |
TOTAL INDUSTRIAL
|
| | | | 313,679,919 | | |
| TECHNOLOGY – 23.4% | | ||||||||||||
| Computers – 3.4% | | ||||||||||||
| | | 100,597 | | | |
Accenture PLC, Class A Shares
|
| | | | 37,701,744 | | |
| | | 250,877 | | | |
Apple Inc.
|
| | | | 45,346,018 | | |
| | | 26,876 | | | |
CACI International Inc., Class A Shares*
|
| | | | 10,074,469 | | |
| | | 60,070 | | | |
Crowdstrike Holdings Inc., Class A Shares*
|
| | | | 19,471,691 | | |
| | | 96,877 | | | |
Fortinet Inc.*
|
| | | | 6,695,169 | | |
| | | 98,964 | | | |
International Business Machines Corp.
|
| | | | 18,311,309 | | |
| | | 47,954 | | | |
Leidos Holdings Inc.
|
| | | | 6,131,398 | | |
| | | | | | |
Total Computers
|
| | | | 143,731,798 | | |
| Semiconductors – 8.0% | | ||||||||||||
| | | 273,186 | | | |
Advanced Micro Devices Inc.*
|
| | | | 52,596,501 | | |
| | | 8,414 | | | |
Analog Devices Inc.
|
| | | | 1,613,973 | | |
| | | 148,261 | | | |
Applied Materials Inc.
|
| | | | 29,892,383 | | |
| | | 7,303 | | | |
Broadcom Inc.
|
| | | | 9,497,478 | | |
| | | 268,770 | | | |
Intel Corp.
|
| | | | 11,570,549 | | |
| | | 2,315 | | | |
KLA Corp.
|
| | | | 1,579,525 | | |
| | | 25,478 | | | |
Lam Research Corp.
|
| | | | 23,904,734 | | |
| | | 201,458 | | | |
Micron Technology Inc.
|
| | | | 18,254,109 | | |
| | | 185,494 | | | |
NVIDIA Corp.
|
| | | | 146,748,013 | | |
| | | 109,350 | | | |
ON Semiconductor Corp.*
|
| | | | 8,629,902 | | |
| | | 50,349 | | | |
Qorvo Inc.*
|
| | | | 5,767,478 | | |
| | | 56,735 | | | |
QUALCOMM Inc.
|
| | | | 8,952,216 | | |
| | | 115,747 | | | |
Texas Instruments Inc.
|
| | | | 19,367,946 | | |
| | | | | | |
Total Semiconductors
|
| | | | 338,374,807 | | |
| Software – 12.0% | | ||||||||||||
| | | 39,543 | | | |
Adobe Inc.*
|
| | | | 22,155,152 | | |
| | | 81,557 | | | |
Akamai Technologies Inc.*
|
| | | | 9,046,302 | | |
| | | 2,600 | | | |
Atlassian Corp., Class A Shares*
|
| | | | 539,292 | | |
| | | 3,681 | | | |
Autodesk Inc.*
|
| | | | 950,324 | | |
| | | 4,610 | | | |
Cadence Design Systems Inc.*
|
| | | | 1,403,192 | | |
| | | 575 | | | |
Canva Inc.*(a)(b)@
|
| | | | 612,444 | | |
| | | 1,271 | | | |
Celonis SE*(a)(b)@
|
| | | | 577,581 | | |
| | | 267,293 | | | |
Dynatrace Inc.*
|
| | | | 13,244,368 | | |
| | | 3,796 | | | |
Epic Games Inc., Private Placement*(a)(b)@
|
| | | | 2,145,955 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| TECHNOLOGY – (continued) | | ||||||||||||
| Software – (continued) | | ||||||||||||
| | | 4,384 | | | |
Fair Isaac Corp.*
|
| | | $ | 5,567,285 | | |
| | | 215,660 | | | |
Fiserv Inc.*
|
| | | | 32,191,568 | | |
| | | 84,272 | | | |
Intuit Inc.
|
| | | | 55,863,066 | | |
| | | 835 | | | |
Magic Leap Inc., Series D, Private Placement*(a)(b)@
|
| | | | 4,300 | | |
| | | 529,328 | | | |
Microsoft Corp.
|
| | | | 218,951,234 | | |
| | | 32,461 | | | |
MSCI Inc., Class A Shares
|
| | | | 18,209,647 | | |
| | | 26,160 | | | |
Oracle Corp.
|
| | | | 2,921,549 | | |
| | | 1,777 | | | |
Roper Technologies Inc.
|
| | | | 967,985 | | |
| | | 121,496 | | | |
Salesforce Inc.*
|
| | | | 37,520,395 | | |
| | | 68,166 | | | |
ServiceNow Inc.*
|
| | | | 52,579,162 | | |
| | | 5,300 | | | |
Snowflake Inc., Class A Shares*
|
| | | | 997,884 | | |
| | | 20,012 | | | |
Stripe Inc., Class B Shares, Private Placement*(a)(b)@
|
| | | | 382,029 | | |
| | | 2,617 | | | |
Synopsys Inc.*
|
| | | | 1,501,451 | | |
| | | 112,557 | | | |
Veeva Systems Inc., Class A Shares*
|
| | | | 25,382,729 | | |
| | | 3,400 | | | |
Workday Inc., Class A Shares*
|
| | | | 1,001,844 | | |
| | | | | | |
Total Software
|
| | | | 504,716,738 | | |
| | | | | | |
TOTAL TECHNOLOGY
|
| | | | 986,823,343 | | |
| UTILITIES – 1.2% | | ||||||||||||
| Electric – 1.2% | | ||||||||||||
| | | 8,765 | | | |
American Electric Power Co., Inc.
|
| | | | 746,690 | | |
| | | 105,116 | | | |
Constellation Energy Corp.
|
| | | | 17,706,790 | | |
| | | 14,205 | | | |
Dominion Energy Inc.
|
| | | | 679,425 | | |
| | | 13,042 | | | |
Duke Energy Corp.
|
| | | | 1,197,647 | | |
| | | 16,881 | | | |
Exelon Corp.
|
| | | | 605,015 | | |
| | | 292,219 | | | |
IDACORP Inc.
|
| | | | 25,747,416 | | |
| | | 34,346 | | | |
NextEra Energy Inc.
|
| | | | 1,895,556 | | |
| | | 10,706 | | | |
Sempra
|
| | | | 755,844 | | |
| | | 18,477 | | | |
Southern Co.
|
| | | | 1,242,578 | | |
| | | | | | |
Total Electric
|
| | | | 50,576,961 | | |
| | | | | | |
TOTAL UTILITIES
|
| | | | 50,576,961 | | |
| | | | | | |
TOTAL COMMON STOCKS
(Cost – $2,859,659,427) |
| | |
|
4,127,355,855
|
| |
| EXCHANGE TRADED FUND (ETF) – 0.8% | | ||||||||||||
| | | 118,232 | | | |
Vanguard Mega Capital Growth(c)
(Cost – $25,676,644) |
| | | | 33,597,987 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| PREFERRED STOCKS – 0.1% | | ||||||||||||
| CONSUMER CYCLICAL – 0.0% | | ||||||||||||
| Auto Manufacturers – 0.0% | | ||||||||||||
| | | 21,292 | | | |
Sila Nanotechnologies Inc., Series F, Private Placement*(a)(b)@
|
| | | $ | 547,204 | | |
| | | 9,549 | | | |
Waymo LLC, Series A2, Private Placement*(a)(b)@
|
| | | | 529,683 | | |
| | | | | | |
Total Auto Manufacturers
|
| | | | 1,076,887 | | |
| | | | | | |
TOTAL CONSUMER CYCLICAL
|
| | | | 1,076,887 | | |
| INDUSTRIAL – 0.0% | | ||||||||||||
| Electrical Components & Equipment – 0.0% | | ||||||||||||
| | | 48,400 | | | |
GM Cruise Holdings LLC, Class F Shares, Private Placement*(a)(b)@
|
| | | | 539,660 | | |
| | | 39,865 | | | |
GM Cruise Holdings LLC, Class G Shares, Private Placement*(a)(b)@
|
| | | | 532,198 | | |
| | | | | | |
Total Electrical Components & Equipment
|
| | | | 1,071,858 | | |
| Environmental Control – 0.0% | | ||||||||||||
| | | 23,420 | | | |
Redwood Materials Inc., Series C, Private Placement*(a)(b)@
|
| | | | 995,350 | | |
| Machinery – 0.0% | | ||||||||||||
| | | 108,389 | | | |
Nuro Inc., Series C, Private Placement*(a)(b)@
|
| | | | 725,123 | | |
| | | 26,242 | | | |
Nuro Inc., Series D*(a)(b)@
|
| | | | 246,150 | | |
| | | | | | |
Total Machinery
|
| | | | 971,273 | | |
| | | | | | |
TOTAL INDUSTRIAL
|
| | | | 3,038,481 | | |
| TECHNOLOGY – 0.1% | | ||||||||||||
| Software – 0.1% | | ||||||||||||
| | | 27 | | | |
Canva Inc., Series A, Private Placement*(a)(b)@
|
| | | | 28,758 | | |
| | | 10 | | | |
Canva Inc., Series A-3, Private Placement*(a)(b)@
|
| | | | 10,665 | | |
| | | 1 | | | |
Canva Inc., Series A-4, Private Placement*(a)(b)@
|
| | | | 1,068 | | |
| | | 3,788 | | | |
Celonis SE, Series D*(a)(b)@
|
| | | | 1,721,381 | | |
| | | 6,765 | | | |
Formagrid Inc.*(a)(b)@
|
| | | | 686,850 | | |
| | | 20,620 | | | |
Rappi Inc., Series E, Private Placement*(a)(b)@
|
| | | | 1,259,057 | | |
| | | | | | |
Total Software
|
| | | | 3,707,779 | | |
| | | | | | |
TOTAL TECHNOLOGY
|
| | | | 3,707,779 | | |
| | | | | | |
TOTAL PREFERRED STOCKS
(Cost – $10,669,134) |
| | |
|
7,823,147
|
| |
| | | | | | |
TOTAL INVESTMENTS BEFORE SHORT-TERM INVESTMENTS
(Cost – $2,896,005,205) |
| | |
|
4,168,776,989
|
| |
|
Face Amount†
|
| |
Security
|
| |
Value
|
| ||||||
| SHORT-TERM INVESTMENTS – 1.2% | | ||||||||||||
| TIME DEPOSITS – 1.2% | | ||||||||||||
| | $ | 24,286,278 | | | |
ANZ National Bank – London, 4.680% due 3/1/24
|
| | | $ | 24,286,278 | | |
| | | 14,602,081 | | | |
Barclays Bank PLC – London, 4.680% due 3/1/24
|
| | | | 14,602,081 | | |
| | | 92,050EUR | | | |
Citibank – London, 2.820% due 3/1/24
|
| | | | 99,488 | | |
| | | 8,504,408 | | | |
Citibank – New York, 4.680% due 3/1/24
|
| | | | 8,504,408 | | |
| | | 2,299,312 | | | |
JPMorgan Chase & Co. – New York, 4.680% due 3/1/24
|
| | | | 2,299,312 | | |
| | | 4GBP | | | |
Royal Bank of Canada – London, 4.150% due 3/1/24
|
| | | | 6 | | |
| | | 2,851,875 | | | |
Skandinaviska Enskilda Banken AB – Stockholm, 4.680% due 3/1/24
|
| | | | 2,851,875 | | |
| | | | | | |
TOTAL TIME DEPOSITS
(Cost – $52,643,448) |
| | |
|
52,643,448
|
| |
|
Shares/Units
|
| | | | | | | | | | |||
| INVESTMENTS PURCHASED WITH CASH PROCEEDS FROM SECURITIES LENDING – 0.4% | | ||||||||||||
| MONEY MARKET FUND – 0.4% | | ||||||||||||
| | | 13,766,400 | | | |
Federated Government Obligations Fund, Premier Class, 5.162%(d)
(Cost – $13,766,400) |
| | | | 13,766,400 | | |
| | | | | | |
TOTAL INVESTMENTS – 100.5%
(Cost – $2,962,415,053) |
| | |
|
4,235,186,837
|
| |
| | | | | | |
Liabilities in Excess of Other Assets – (0.5)%
|
| | | | (19,387,899) | | |
| | | | | | |
TOTAL NET ASSETS – 100.0%
|
| | | $ | 4,215,798,938 | | |
Security
|
| |
First
Acquisition Date |
| |
First
Acquisition Cost |
| |
Market
Value |
| |
Percent of
Net Assets |
| ||||||||||||
Canva Inc.
|
| | | | 12/17/2021 | | | | | $ | 589,640 | | | | | $ | 612,444 | | | | | | 0.01% | | |
Canva Inc., Series A, Private Placement
|
| | | | 12/17/2021 | | | | | | 46,012 | | | | | | 28,758 | | | | | | 0.00%* | | |
Canva Inc., Series A-3, Private Placement
|
| | | | 12/17/2021 | | | | | | 17,042 | | | | | | 10,665 | | | | | | 0.00%* | | |
Canva Inc., Series A-4, Private Placement
|
| | | | 12/17/2021 | | | | | | 1,704 | | | | | | 1,068 | | | | | | 0.00%* | | |
Celonis SE
|
| | | | 6/17/2021 | | | | | | 470,003 | | | | | | 577,581 | | | | | | 0.01% | | |
Celonis SE, Series D
|
| | | | 6/17/2021 | | | | | | 1,225,484 | | | | | | 1,721,381 | | | | | | 0.04% | | |
Epic Games Inc., Private Placement
|
| | | | 6/18/2020 | | | | | | 1,665,200 | | | | | | 2,145,955 | | | | | | 0.05% | | |
Formagrid Inc.
|
| | | | 12/8/2021 | | | | | | 1,266,980 | | | | | | 686,850 | | | | | | 0.02% | | |
GM Cruise Holdings LLC, Class F Shares, Private Placement
|
| | | | 5/7/2019 | | | | | | 883,300 | | | | | | 539,660 | | | | | | 0.01% | | |
GM Cruise Holdings LLC, Class G Shares, Private Placement
|
| | | | 1/21/2021 | | | | | | 1,050,443 | | | | | | 532,198 | | | | | | 0.01% | | |
Magic Leap Inc., Series D, Private Placement
|
| | | | 10/12/2017 | | | | | | 406,539 | | | | | | 4,300 | | | | | | 0.00%* | | |
Maplebear Inc.
|
| | | | 7/2/2020 | | | | | | 655,877 | | | | | | 772,890 | | | | | | 0.02% | | |
Nuro Inc., Series C, Private Placement
|
| | | | 10/30/2020 | | | | | | 940,662 | | | | | | 725,123 | | | | | | 0.02% | | |
Nuro Inc., Series D
|
| | | | 10/29/2021 | | | | | | 547,033 | | | | | | 246,150 | | | | | | 0.01% | | |
Rappi Inc., Series E, Private Placement
|
| | | | 9/8/2020 | | | | | | 492,486 | | | | | | 1,259,057 | | | | | | 0.03% | | |
Redwood Materials Inc., Series C, Private Placement
|
| | | | 5/28/2021 | | | | | | 1,110,190 | | | | | | 995,350 | | | | | | 0.02% | | |
Sila Nanotechnologies Inc., Series F, Private Placement
|
| | | | 1/7/2021 | | | | | | 878,780 | | | | | | 547,204 | | | | | | 0.01% | | |
Stripe Inc., Class B Shares, Private Placement
|
| | | | 12/17/2019 | | | | | | 156,994 | | | | | | 382,029 | | | | | | 0.01% | | |
Waymo LLC, Series A2, Private Placement
|
| | | | 5/8/2020 | | | | | | 819,946 | | | | | | 529,683 | | | | | | 0.01% | | |
Total | | | | | | | | | | | | | | | | $ | 12,318,346 | | | | | | 0.28% | | |
|
Technology
|
| | | | 23.4% | | |
|
Consumer Non-cyclical
|
| | | | 20.0 | | |
|
Financial
|
| | | | 16.3 | | |
|
Communications
|
| | | | 11.8 | | |
|
Consumer Cyclical
|
| | | | 11.6 | | |
|
Industrial
|
| | | | 7.5 | | |
|
Energy
|
| | | | 4.0 | | |
|
Basic Materials
|
| | | | 1.9 | | |
|
Utilities
|
| | | | 1.2 | | |
|
Exchange Traded Funds (ETF)
|
| | | | 0.8 | | |
|
Short-Term Investments
|
| | | | 1.2 | | |
|
Money Market Fund
|
| | | | 0.3 | | |
| | | | | | 100.0% | | |
Open Futures Contracts
|
| |
Number of
Contracts |
| |
Expiration
Date (Month/Year) |
| |
Notional
Amounts |
| |
Market Value
|
| |
Unrealized
Appreciation |
| |||||||||||||||
Contracts to Buy: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
S&P 500 E-mini Index March Futures
|
| | | | 8 | | | | | | 3/24 | | | | | $ | 1,851,362 | | | | | $ | 2,041,500 | | | | | $ | 190,138 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – 93.8% | | ||||||||||||
| BASIC MATERIALS – 4.0% | | ||||||||||||
| Chemicals – 2.9% | | ||||||||||||
| | | 476 | | | |
AdvanSix Inc.
|
| | | $ | 13,319 | | |
| | | 17,000 | | | |
Air Products & Chemicals Inc.
|
| | | | 3,978,680 | | |
| | | 490 | | | |
Albemarle Corp.
|
| | | | 67,547 | | |
| | | 489 | | | |
American Vanguard Corp.
|
| | | | 5,242 | | |
| | | 412,937 | | | |
Arcadium Lithium PLC*
|
| | | | 2,267,024 | | |
| | | 44,502 | | | |
Ashland Inc.
|
| | | | 4,167,167 | | |
| | | 1,592 | | | |
Avient Corp.
|
| | | | 64,444 | | |
| | | 90,369 | | | |
Axalta Coating Systems Ltd.*
|
| | | | 2,957,777 | | |
| | | 562 | | | |
Balchem Corp.
|
| | | | 88,341 | | |
| | | 32,799 | | | |
Cabot Corp.
|
| | | | 2,786,275 | | |
| | | 415 | | | |
Celanese Corp., Class A Shares
|
| | | | 63,068 | | |
| | | 819 | | | |
CF Industries Holdings Inc.
|
| | | | 66,110 | | |
| | | 633 | | | |
Chemours Co.
|
| | | | 12,451 | | |
| | | 1,174 | | | |
Codexis Inc.*
|
| | | | 5,459 | | |
| | | 1,621 | | | |
Danimer Scientific Inc.*
|
| | | | 2,172 | | |
| | | 1,919 | | | |
DuPont de Nemours Inc.
|
| | | | 132,776 | | |
| | | 499 | | | |
Eastman Chemical Co.
|
| | | | 43,782 | | |
| | | 1,704 | | | |
Ecovyst Inc.*
|
| | | | 16,444 | | |
| | | 950 | | | |
Element Solutions Inc.
|
| | | | 22,325 | | |
| | | 526 | | | |
FMC Corp.
|
| | | | 29,661 | | |
| | | 345 | | | |
Hawkins Inc.
|
| | | | 24,236 | | |
| | | 951 | | | |
HB Fuller Co.
|
| | | | 75,633 | | |
| | | 721 | | | |
Huntsman Corp.
|
| | | | 18,458 | | |
| | | 55,556 | | | |
Ingevity Corp.*
|
| | | | 2,537,798 | | |
| | | 13,391 | | | |
Innospec Inc.
|
| | | | 1,664,100 | | |
| | | 1,070 | | | |
International Flavors & Fragrances Inc.
|
| | | | 80,785 | | |
| | | 193 | | | |
Intrepid Potash Inc.*
|
| | | | 4,068 | | |
| | | 362 | | | |
Koppers Holdings Inc.
|
| | | | 20,496 | | |
| | | 408 | | | |
Kronos Worldwide Inc.
|
| | | | 3,709 | | |
| | | 2,095 | | | |
Lightwave Logic Inc.*
|
| | | | 8,820 | | |
| | | 1,082 | | | |
LyondellBasell Industries NV, Class A Shares
|
| | | | 108,503 | | |
| | | 981 | | | |
Mativ Holdings Inc.
|
| | | | 17,040 | | |
| | | 576 | | | |
Minerals Technologies Inc.
|
| | | | 41,679 | | |
| | | 1,390 | | | |
Mosaic Co.
|
| | | | 43,312 | | |
| | | 27 | | | |
NewMarket Corp.
|
| | | | 17,325 | | |
| | | 89 | | | |
Oil-Dri Corp. of America
|
| | | | 6,345 | | |
| | | 546 | | | |
Olin Corp.
|
| | | | 29,375 | | |
| | | 999 | | | |
Orion SA
|
| | | | 22,518 | | |
| | | 2,800 | | | |
Perimeter Solutions SA*
|
| | | | 17,024 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| BASIC MATERIALS – (continued) | | ||||||||||||
| Chemicals – (continued) | | ||||||||||||
| | | 23,681 | | | |
PPG Industries Inc.
|
| | | $ | 3,353,230 | | |
| | | 245 | | | |
Quaker Chemical Corp.
|
| | | | 49,123 | | |
| | | 1,165 | | | |
Rayonier Advanced Materials Inc.*
|
| | | | 3,949 | | |
| | | 306 | | | |
Rogers Corp.*
|
| | | | 34,293 | | |
| | | 534 | | | |
RPM International Inc.
|
| | | | 61,597 | | |
| | | 743 | | | |
Sensient Technologies Corp.
|
| | | | 49,692 | | |
| | | 378 | | | |
Stepan Co.
|
| | | | 33,718 | | |
| | | 632 | | | |
Trinseo PLC
|
| | | | 2,844 | | |
| | | 2,076 | | | |
Tronox Holdings PLC
|
| | | | 30,517 | | |
| | | 138 | | | |
Westlake Corp.
|
| | | | 19,142 | | |
| | | | | | |
Total Chemicals
|
| | | | 25,169,393 | | |
| Forest Products & Paper – 0.0% | | ||||||||||||
| | | 1,454 | | | |
International Paper Co.
|
| | | | 51,413 | | |
| | | 645 | | | |
Sylvamo Corp.
|
| | | | 38,964 | | |
| | | | | | |
Total Forest Products & Paper
|
| | | | 90,377 | | |
| Iron/Steel – 0.1% | | ||||||||||||
| | | 2,348 | | | |
ATI Inc.*
|
| | | | 115,475 | | |
| | | 848 | | | |
Carpenter Technology Corp.
|
| | | | 54,823 | | |
| | | 2,142 | | | |
Cleveland-Cliffs Inc.*
|
| | | | 44,554 | | |
| | | 2,130 | | | |
Commercial Metals Co.
|
| | | | 115,020 | | |
| | | 227 | | | |
Haynes International Inc.
|
| | | | 13,491 | | |
| | | 1,024 | | | |
Nucor Corp.
|
| | | | 196,915 | | |
| | | 466 | | | |
Radius Recycling Inc.
|
| | | | 9,208 | | |
| | | 245 | | | |
Reliance Inc.
|
| | | | 78,699 | | |
| | | 643 | | | |
Steel Dynamics Inc.
|
| | | | 86,046 | | |
| | | 934 | | | |
United States Steel Corp.
|
| | | | 44,216 | | |
| | | 544 | | | |
Worthington Steel Inc.*
|
| | | | 17,223 | | |
| | | | | | |
Total Iron/Steel
|
| | | | 775,670 | | |
| Mining – 1.0% | | ||||||||||||
| | | 754 | | | |
Alcoa Corp.
|
| | | | 20,516 | | |
| | | 303 | | | |
Caledonia Mining Corp. PLC
|
| | | | 2,997 | | |
| | | 48,705 | | | |
Cameco Corp.
|
| | | | 1,974,014 | | |
| | | 222 | | | |
Centrus Energy Corp., Class A Shares*
|
| | | | 9,055 | | |
| | | 975 | | | |
Century Aluminum Co.*
|
| | | | 10,208 | | |
| | | 5,975 | | | |
Coeur Mining Inc.*
|
| | | | 15,475 | | |
| | | 613 | | | |
Compass Minerals International Inc.
|
| | | | 13,976 | | |
| | | 2,235 | | | |
Constellium SE, Class A Shares*
|
| | | | 43,337 | | |
| | | 196 | | | |
Contango ORE Inc.*
|
| | | | 3,318 | | |
| | | 945 | | | |
Dakota Gold Corp.*
|
| | | | 2,003 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| BASIC MATERIALS – (continued) | | ||||||||||||
| Mining – (continued) | | ||||||||||||
| | | 2,597 | | | |
Encore Energy Corp.*
|
| | | $ | 10,024 | | |
| | | 2,796 | | | |
Energy Fuels Inc.*
|
| | | | 17,699 | | |
| | | 88,200 | | | |
Freeport-McMoRan Inc.
|
| | | | 3,334,842 | | |
| | | 10,786 | | | |
Hecla Mining Co.
|
| | | | 38,182 | | |
| | | 3,493 | | | |
i-80 Gold Corp.*
|
| | | | 4,401 | | |
| | | 1,008 | | | |
Ivanhoe Electric Inc.*(a)
|
| | | | 7,459 | | |
| | | 284 | | | |
Kaiser Aluminum Corp.
|
| | | | 20,596 | | |
| | | 454 | | | |
MP Materials Corp.*
|
| | | | 6,905 | | |
| | | 4,335 | | | |
Novagold Resources Inc.*
|
| | | | 10,751 | | |
| | | 664 | | | |
Perpetua Resources Corp.*
|
| | | | 1,919 | | |
| | | 324 | | | |
Piedmont Lithium Inc.*
|
| | | | 4,717 | | |
| | | 277 | | | |
Royal Gold Inc.
|
| | | | 28,429 | | |
| | | 890 | | | |
SSR Mining Inc.
|
| | | | 3,827 | | |
| | | 38 | | | |
United States Lime & Minerals Inc.
|
| | | | 9,689 | | |
| | | 459,997 | | | |
Uranium Energy Corp.*
|
| | | | 2,980,781 | | |
| | | | | | |
Total Mining
|
| | | | 8,575,120 | | |
| | | | | | |
TOTAL BASIC MATERIALS
|
| | | | 34,610,560 | | |
| COMMUNICATIONS – 2.5% | | ||||||||||||
| Advertising – 0.0% | | ||||||||||||
| | | 1,577 | | | |
Advantage Solutions Inc.*
|
| | | | 6,008 | | |
| | | 434 | | | |
Boston Omaha Corp., Class A Shares*
|
| | | | 7,122 | | |
| | | 6,824 | | | |
Clear Channel Outdoor Holdings Inc., Class A Shares*
|
| | | | 11,737 | | |
| | | 1,620 | | | |
Interpublic Group of Cos., Inc.
|
| | | | 50,868 | | |
| | | 828 | | | |
Omnicom Group Inc.
|
| | | | 73,187 | | |
| | | 1,463 | | | |
Stagwell Inc., Class A Shares*
|
| | | | 7,812 | | |
| | | 1,842 | | | |
Trade Desk Inc., Class A Shares*
|
| | | | 157,362 | | |
| | | | | | |
Total Advertising
|
| | | | 314,096 | | |
| Internet – 0.9% | | ||||||||||||
| | | 479 | | | |
1-800-Flowers.com Inc., Class A Shares*
|
| | | | 4,991 | | |
| | | 47,806 | | | |
Backblaze Inc., Class A Shares*
|
| | | | 507,700 | | |
| | | 2,340 | | | |
BARK Inc.*
|
| | | | 2,808 | | |
| | | 814 | | | |
Beyond Inc.*
|
| | | | 27,293 | | |
| | | 1,045 | | | |
Blade Air Mobility Inc.*
|
| | | | 3,323 | | |
| | | 1,796 | | | |
Bumble Inc., Class A Shares*
|
| | | | 20,564 | | |
| | | 1,732 | | | |
Cargurus Inc., Class A Shares*
|
| | | | 38,346 | | |
| | | 971 | | | |
CarParts.com Inc.*
|
| | | | 2,476 | | |
| | | 1,186 | | | |
Cars.com Inc.*
|
| | | | 21,751 | | |
| | | 565 | | | |
CDW Corp.
|
| | | | 139,109 | | |
| | | 763 | | | |
Cogent Communications Holdings Inc.
|
| | | | 61,734 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| COMMUNICATIONS – (continued) | | ||||||||||||
| Internet – (continued) | | ||||||||||||
| | | 566 | | | |
ContextLogic Inc., Class A Shares*
|
| | | $ | 3,679 | | |
| | | 65,925 | | | |
Couchbase Inc.*
|
| | | | 1,851,174 | | |
| | | 4,589 | | | |
Coupang Inc., Class A Shares*
|
| | | | 84,988 | | |
| | | 1,099 | | | |
DHI Group Inc.*
|
| | | | 3,110 | | |
| | | 1,262 | | | |
DoorDash Inc., Class A Shares*
|
| | | | 157,207 | | |
| | | 2,236 | | | |
eBay Inc.
|
| | | | 105,718 | | |
| | | 1,100 | | | |
Entravision Communications Corp., Class A Shares
|
| | | | 4,235 | | |
| | | 470 | | | |
ePlus Inc.*
|
| | | | 38,723 | | |
| | | 517 | | | |
Etsy Inc.*
|
| | | | 37,064 | | |
| | | 1,391 | | | |
Eventbrite Inc., Class A Shares*
|
| | | | 7,790 | | |
| | | 81,323 | | | |
EverQuote Inc., Class A Shares*
|
| | | | 1,302,794 | | |
| | | 566 | | | |
Expedia Group Inc.*
|
| | | | 77,440 | | |
| | | 253 | | | |
F5 Inc.*
|
| | | | 47,367 | | |
| | | 2,299 | | | |
Figs Inc., Class A Shares*
|
| | | | 12,024 | | |
| | | 5,096 | | | |
fuboTV Inc.*
|
| | | | 10,549 | | |
| | | 57,002 | | | |
Gambling.com Group Ltd.*
|
| | | | 522,138 | | |
| | | 2,330 | | | |
Gen Digital Inc.
|
| | | | 50,072 | | |
| | | 605 | | | |
GoDaddy Inc., Class A Shares*
|
| | | | 69,061 | | |
| | | 746 | | | |
Grindr Inc.*
|
| | | | 6,177 | | |
| | | 444 | | | |
HealthStream Inc.
|
| | | | 12,112 | | |
| | | 2,195 | | | |
Hims & Hers Health Inc.*
|
| | | | 28,623 | | |
| | | 316 | | | |
IAC Inc.*
|
| | | | 17,949 | | |
| | | 362 | | | |
Lands’ End Inc.*
|
| | | | 3,522 | | |
| | | 424 | | | |
Liquidity Services Inc.*
|
| | | | 7,602 | | |
| | | 1,436 | | | |
Lyft Inc., Class A Shares*
|
| | | | 22,804 | | |
| | | 2,392 | | | |
Magnite Inc.*
|
| | | | 28,752 | | |
| | | 86 | | | |
Maplebear Inc.*
|
| | | | 2,798 | | |
| | | 1,172 | | | |
Match Group Inc.*
|
| | | | 42,239 | | |
| | | 13,686 | | | |
MediaAlpha Inc., Class A Shares*
|
| | | | 283,985 | | |
| | | 833 | | | |
Mondee Holdings Inc., Class A Shares*
|
| | | | 1,874 | | |
| | | 1,111 | | | |
Nerdy Inc.*
|
| | | | 3,222 | | |
| | | 2,640 | | | |
Nextdoor Holdings Inc.*
|
| | | | 5,782 | | |
| | | 631 | | | |
Okta Inc., Class A Shares*
|
| | | | 67,706 | | |
| | | 1,793 | | | |
Open Lending Corp.*
|
| | | | 13,017 | | |
| | | 9,682 | | | |
Opendoor Technologies Inc.*
|
| | | | 29,821 | | |
| | | 292 | | | |
OptimizeRx Corp.*
|
| | | | 4,622 | | |
| | | 607 | | | |
Perficient Inc.*
|
| | | | 39,376 | | |
| | | 2,415 | | | |
Pinterest Inc., Class A Shares*
|
| | | | 88,631 | | |
| | | 1,007 | | | |
Q2 Holdings Inc.*
|
| | | | 46,554 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| COMMUNICATIONS – (continued) | | ||||||||||||
| Internet – (continued) | | ||||||||||||
| | | 61,522 | | | |
QuinStreet Inc.*
|
| | | $ | 900,067 | | |
| | | 745 | | | |
Revolve Group Inc., Class A Shares*
|
| | | | 16,338 | | |
| | | 2,806 | | | |
Robinhood Markets Inc., Class A Shares*
|
| | | | 45,766 | | |
| | | 519 | | | |
Roku Inc., Class A Shares*
|
| | | | 32,790 | | |
| | | 441 | | | |
Shutterstock Inc.
|
| | | | 21,503 | | |
| | | 553 | | | |
Solo Brands Inc., Class A Shares*
|
| | | | 1,493 | | |
| | | 587 | | | |
Spotify Technology SA*
|
| | | | 150,513 | | |
| | | 1,829 | | | |
Sprinklr Inc., Class A Shares*
|
| | | | 23,832 | | |
| | | 936 | | | |
Squarespace Inc., Class A Shares*
|
| | | | 31,150 | | |
| | | 1,547 | | | |
Stitch Fix Inc., Class A Shares*
|
| | | | 4,997 | | |
| | | 468 | | | |
TechTarget Inc.*
|
| | | | 14,840 | | |
| | | 486 | | | |
TripAdvisor Inc.*
|
| | | | 13,035 | | |
| | | 1,622 | | | |
TrueCar Inc.*
|
| | | | 5,645 | | |
| | | 182 | | | |
Tucows Inc., Class A Shares*
|
| | | | 3,440 | | |
| | | 30,752 | | | |
Upwork Inc.*
|
| | | | 402,851 | | |
| | | 366 | | | |
VeriSign Inc.*
|
| | | | 71,476 | | |
| | | 428 | | | |
Vivid Seats Inc., Class A Shares*
|
| | | | 2,577 | | |
| | | 349 | | | |
Wayfair Inc., Class A Shares*
|
| | | | 20,800 | | |
| | | 1,186 | | | |
Yelp Inc., Class A Shares*
|
| | | | 45,590 | | |
| | | 829 | | | |
Ziff Davis Inc.*
|
| | | | 57,002 | | |
| | | 239 | | | |
Zillow Group Inc., Class A Shares*
|
| | | | 12,920 | | |
| | | 652 | | | |
Zillow Group Inc., Class C Shares*
|
| | | | 36,610 | | |
| | | | | | |
Total Internet
|
| | | | 7,887,631 | | |
| Media – 0.2% | | ||||||||||||
| | | 574 | | | |
AMC Networks Inc., Class A Shares*
|
| | | | 7,428 | | |
| | | 24 | | | |
Cable One Inc.
|
| | | | 10,944 | | |
| | | 1,114 | | | |
EW Scripps Co., Class A Shares*
|
| | | | 4,489 | | |
| | | 161 | | | |
FactSet Research Systems Inc.
|
| | | | 74,475 | | |
| | | 1,017 | | | |
Fox Corp., Class A Shares
|
| | | | 30,296 | | |
| | | 573 | | | |
Fox Corp., Class B Shares
|
| | | | 15,689 | | |
| | | 2,675 | | | |
Gannett Co., Inc.*
|
| | | | 5,698 | | |
| | | 1,504 | | | |
Gray Television Inc.
|
| | | | 8,783 | | |
| | | 1,923 | | | |
iHeartMedia Inc., Class A Shares*
|
| | | | 5,327 | | |
| | | 73 | | | |
Liberty Broadband Corp., Class A Shares*
|
| | | | 4,391 | | |
| | | 490 | | | |
Liberty Broadband Corp., Class C Shares*
|
| | | | 29,488 | | |
| | | 648 | | | |
Liberty Latin America Ltd., Class A Shares*
|
| | | | 4,167 | | |
| | | 2,561 | | | |
Liberty Latin America Ltd., Class C Shares*
|
| | | | 16,698 | | |
| | | 105 | | | |
Liberty Media Corp.-Liberty Formula One, Class A Shares*
|
| | | | 6,883 | | |
| | | 814 | | | |
Liberty Media Corp.-Liberty Formula One, Class C Shares*
|
| | | | 59,227 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| COMMUNICATIONS – (continued) | | ||||||||||||
| Media – (continued) | | ||||||||||||
| | | 655 | | | |
Liberty Media Corp.-Liberty SiriusXM*
|
| | | $ | 18,982 | | |
| | | 325 | | | |
Liberty Media Corp.-Liberty SiriusXM, Class A Shares*
|
| | | | 9,471 | | |
| | | 682 | | | |
New York Times Co., Class A Shares
|
| | | | 30,199 | | |
| | | 1,606 | | | |
News Corp., Class A Shares
|
| | | | 43,169 | | |
| | | 504 | | | |
News Corp., Class B Shares
|
| | | | 14,107 | | |
| | | 145 | | | |
Nexstar Media Group Inc., Class A Shares
|
| | | | 24,095 | | |
| | | 2,434 | | | |
Paramount Global, Class B Shares
|
| | | | 26,871 | | |
| | | 487 | | | |
Scholastic Corp.
|
| | | | 19,207 | | |
| | | 610 | | | |
Sinclair Inc.
|
| | | | 9,059 | | |
| | | 2,774 | | | |
Sirius XM Holdings Inc.(b)
|
| | | | 12,261 | | |
| | | 465 | | | |
Sphere Entertainment Co.*
|
| | | | 20,135 | | |
| | | 73,489 | | | |
TEGNA Inc.
|
| | | | 1,029,581 | | |
| | | 563 | | | |
Thryv Holdings Inc.*
|
| | | | 11,789 | | |
| | | 291 | | | |
Townsquare Media Inc., Class A Shares
|
| | | | 3,096 | | |
| | | 9,220 | | | |
Warner Bros Discovery Inc.*
|
| | | | 81,044 | | |
| | | 938 | | | |
WideOpenWest Inc.*
|
| | | | 3,752 | | |
| | | | | | |
Total Media
|
| | | | 1,640,801 | | |
| Telecommunications – 1.4% | | ||||||||||||
| | | 1,259 | | | |
A10 Networks Inc.
|
| | | | 16,757 | | |
| | | 1,409 | | | |
ADTRAN Holdings Inc.
|
| | | | 8,017 | | |
| | | 237 | | | |
Anterix Inc.*
|
| | | | 9,409 | | |
| | | 1,269 | | | |
Applied Digital Corp.*(b)
|
| | | | 5,266 | | |
| | | 1,452 | | | |
AST SpaceMobile Inc., Class A Shares*
|
| | | | 4,603 | | |
| | | 205 | | | |
ATN International Inc.
|
| | | | 6,876 | | |
| | | 9,344 | | | |
Aviat Networks Inc.*
|
| | | | 331,619 | | |
| | | 2,102 | | | |
BlackSky Technology Inc.*
|
| | | | 2,985 | | |
| | | 1,039 | | | |
Calix Inc.*
|
| | | | 36,230 | | |
| | | 626 | | | |
Ciena Corp.*
|
| | | | 35,669 | | |
| | | 242 | | | |
Clearfield Inc.*
|
| | | | 7,301 | | |
| | | 3,734 | | | |
CommScope Holding Co., Inc.*
|
| | | | 4,350 | | |
| | | 1,370 | | | |
Consolidated Communications Holdings Inc.*
|
| | | | 5,905 | | |
| | | 3,183 | | | |
Corning Inc.
|
| | | | 102,620 | | |
| | | 138,560 | | | |
Credo Technology Group Holding Ltd.*
|
| | | | 2,984,582 | | |
| | | 2,851 | | | |
DigitalBridge Group Inc.
|
| | | | 52,373 | | |
| | | 2,156 | | | |
EchoStar Corp., Class A Shares*
|
| | | | 28,265 | | |
| | | 2,221 | | | |
Extreme Networks Inc.*
|
| | | | 28,073 | | |
| | | 1,046 | | | |
Frontier Communications Parent Inc.*
|
| | | | 24,769 | | |
| | | 12,379 | | | |
Globalstar Inc.*
|
| | | | 19,311 | | |
| | | 1,192 | | | |
Gogo Inc.*
|
| | | | 9,727 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| COMMUNICATIONS – (continued) | | ||||||||||||
| Telecommunications – (continued) | | ||||||||||||
| | | 366,281 | | | |
Harmonic Inc.*
|
| | | $ | 4,809,270 | | |
| | | 290 | | | |
IDT Corp., Class B Shares*
|
| | | | 10,791 | | |
| | | 3,580 | | | |
Infinera Corp.*
|
| | | | 17,972 | | |
| | | 473 | | | |
InterDigital Inc.
|
| | | | 50,620 | | |
| | | 528 | | | |
Iridium Communications Inc.
|
| | | | 15,286 | | |
| | | 1,340 | | | |
Juniper Networks Inc.
|
| | | | 49,620 | | |
| | | 17,891 | | | |
Lumen Technologies Inc.*
|
| | | | 28,983 | | |
| | | 590 | | | |
Luna Innovations Inc.*
|
| | | | 4,000 | | |
| | | 530 | | | |
NETGEAR Inc.*
|
| | | | 7,945 | | |
| | | 430 | | | |
Ooma Inc.*
|
| | | | 4,386 | | |
| | | 46 | | | |
Preformed Line Products Co.
|
| | | | 6,324 | | |
| | | 1,617 | | | |
Ribbon Communications Inc.*
|
| | | | 4,835 | | |
| | | 868 | | | |
Shenandoah Telecommunications Co.
|
| | | | 16,197 | | |
| | | 323 | | | |
Spok Holdings Inc.
|
| | | | 5,804 | | |
| | | 1,752 | | | |
Telephone & Data Systems Inc.
|
| | | | 26,806 | | |
| | | 2,630 | | | |
Terran Orbital Corp.*
|
| | | | 2,840 | | |
| | | 24 | | | |
Ubiquiti Inc.
|
| | | | 2,812 | | |
| | | 508 | | | |
Viasat Inc.*
|
| | | | 9,942 | | |
| | | 319,404 | | | |
Viavi Solutions Inc.*
|
| | | | 3,050,308 | | |
| | | | | | |
Total Telecommunications
|
| | | | 11,849,448 | | |
| | | | | | |
TOTAL COMMUNICATIONS
|
| | | | 21,691,976 | | |
| CONSUMER CYCLICAL – 10.3% | | ||||||||||||
| Airlines – 0.1% | | ||||||||||||
| | | 533 | | | |
Alaska Air Group Inc.*
|
| | | | 19,929 | | |
| | | 281 | | | |
Allegiant Travel Co.
|
| | | | 20,451 | | |
| | | 2,737 | | | |
American Airlines Group Inc.*
|
| | | | 42,916 | | |
| | | 2,685 | | | |
Delta Air Lines Inc.
|
| | | | 113,495 | | |
| | | 702 | | | |
Frontier Group Holdings Inc.*
|
| | | | 4,872 | | |
| | | 922 | | | |
Hawaiian Holdings Inc.*
|
| | | | 13,009 | | |
| | | 5,863 | | | |
JetBlue Airways Corp.*
|
| | | | 37,992 | | |
| | | 730 | | | |
SkyWest Inc.*
|
| | | | 46,881 | | |
| | | 2,492 | | | |
Southwest Airlines Co.
|
| | | | 85,401 | | |
| | | 1,941 | | | |
Spirit Airlines Inc.(b)
|
| | | | 12,519 | | |
| | | 686 | | | |
Sun Country Airlines Holdings Inc.*
|
| | | | 10,290 | | |
| | | 1,371 | | | |
United Airlines Holdings Inc.*
|
| | | | 62,367 | | |
| | | | | | |
Total Airlines
|
| | | | 470,122 | | |
| Apparel – 0.9% | | ||||||||||||
| | | 123 | | | |
Birkenstock Holding PLC*
|
| | | | 6,151 | | |
| | | 483 | | | |
Capri Holdings Ltd.*
|
| | | | 22,281 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| CONSUMER CYCLICAL – (continued) | | ||||||||||||
| Apparel – (continued) | | ||||||||||||
| | | 11,607 | | | |
Carter’s Inc.
|
| | | $ | 939,587 | | |
| | | 154 | | | |
Columbia Sportswear Co.
|
| | | | 12,734 | | |
| | | 258 | | | |
Crocs Inc.*
|
| | | | 31,540 | | |
| | | 110 | | | |
Deckers Outdoor Corp.*
|
| | | | 98,515 | | |
| | | 6,252 | | | |
Hanesbrands Inc.*
|
| | | | 33,761 | | |
| | | 991 | | | |
Kontoor Brands Inc.
|
| | | | 58,578 | | |
| | | 136,000 | | | |
Levi Strauss & Co., Class A Shares
|
| | | | 2,471,120 | | |
| | | 11,639 | | | |
Oxford Industries Inc.
|
| | | | 1,180,078 | | |
| | | 265 | | | |
PVH Corp.
|
| | | | 36,218 | | |
| | | 170 | | | |
Ralph Lauren Corp., Class A Shares
|
| | | | 31,606 | | |
| | | 153 | | | |
Rocky Brands Inc.
|
| | | | 3,817 | | |
| | | 563 | | | |
Skechers USA Inc., Class A Shares*
|
| | | | 34,799 | | |
| | | 58,979 | | | |
Steven Madden Ltd.
|
| | | | 2,525,481 | | |
| | | 997 | | | |
Tapestry Inc.
|
| | | | 47,387 | | |
| | | 812 | | | |
Under Armour Inc., Class A Shares*
|
| | | | 7,276 | | |
| | | 871 | | | |
Under Armour Inc., Class C Shares*
|
| | | | 7,438 | | |
| | | 1,480 | | | |
VF Corp.
|
| | | | 24,183 | | |
| | | 104 | | | |
Weyco Group Inc.
|
| | | | 3,353 | | |
| | | 1,407 | | | |
Wolverine World Wide Inc.
|
| | | | 14,309 | | |
| | | | | | |
Total Apparel
|
| | | | 7,590,212 | | |
| Auto Manufacturers – 0.6% | | ||||||||||||
| | | 55,077 | | | |
Blue Bird Corp.*
|
| | | | 1,863,806 | | |
| | | 593 | | | |
Cummins Inc.
|
| | | | 159,286 | | |
| | | 3,486 | | | |
Fisker Inc.*(b)
|
| | | | 2,539 | | |
| | | 2,729 | | | |
Hyliion Holdings Corp.*
|
| | | | 4,967 | | |
| | | 3,174 | | | |
Lucid Group Inc.*(b)
|
| | | | 10,474 | | |
| | | 11,137 | | | |
Nikola Corp.*
|
| | | | 8,288 | | |
| | | 2,116 | | | |
PACCAR Inc.
|
| | | | 234,643 | | |
| | | 64,053 | | | |
REV Group Inc.
|
| | | | 1,322,054 | | |
| | | 2,779 | | | |
Rivian Automotive Inc., Class A Shares*
|
| | | | 31,458 | | |
| | | 44,399 | | | |
Wabash National Corp.
|
| | | | 1,211,205 | | |
| | | | | | |
Total Auto Manufacturers
|
| | | | 4,848,720 | | |
| Auto Parts & Equipment – 0.9% | | ||||||||||||
| | | 1,681 | | | |
Adient PLC*
|
| | | | 57,053 | | |
| | | 385 | | | |
Allison Transmission Holdings Inc.
|
| | | | 29,002 | | |
| | | 2,050 | | | |
American Axle & Manufacturing Holdings Inc.*
|
| | | | 14,186 | | |
| | | 1,132 | | | |
Aptiv PLC*
|
| | | | 89,983 | | |
| | | 5,991 | | | |
Aurora Innovation Inc., Class A Shares*
|
| | | | 15,217 | | |
| | | 982 | | | |
BorgWarner Inc.
|
| | | | 30,570 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| CONSUMER CYCLICAL – (continued) | | ||||||||||||
| Auto Parts & Equipment – (continued) | | ||||||||||||
| | | 584 | | | |
Commercial Vehicle Group Inc.*
|
| | | $ | 3,819 | | |
| | | 308 | | | |
Cooper-Standard Holdings Inc.*
|
| | | | 4,330 | | |
| | | 2,306 | | | |
Dana Inc.
|
| | | | 28,825 | | |
| | | 26,276 | | | |
Dorman Products Inc.*
|
| | | | 2,475,725 | | |
| | | 407 | | | |
Douglas Dynamics Inc.
|
| | | | 10,216 | | |
| | | 750 | | | |
Fox Factory Holding Corp.*
|
| | | | 37,942 | | |
| | | 86,275 | | | |
Gentex Corp.
|
| | | | 3,151,626 | | |
| | | 586 | | | |
Gentherm Inc.*
|
| | | | 33,320 | | |
| | | 92,220 | | | |
Goodyear Tire & Rubber Co.*
|
| | | | 1,095,574 | | |
| | | 958 | | | |
Holley Inc.*
|
| | | | 4,110 | | |
| | | 2,471 | | | |
indie Semiconductor Inc., Class A Shares*
|
| | | | 15,295 | | |
| | | 248 | | | |
Lear Corp.
|
| | | | 34,063 | | |
| | | 4,845 | | | |
Luminar Technologies Inc., Class A Shares*(b)
|
| | | | 11,580 | | |
| | | 634 | | | |
Methode Electronics Inc.
|
| | | | 13,504 | | |
| | | 1,933 | | | |
Microvast Holdings Inc.*
|
| | | | 1,663 | | |
| | | 204 | | | |
Miller Industries Inc.
|
| | | | 9,182 | | |
| | | 201 | | | |
Phinia Inc.
|
| | | | 6,878 | | |
| | | 1,286 | | | |
QuantumScape Corp., Class A Shares*
|
| | | | 8,063 | | |
| | | 2,261 | | | |
SES AI Corp.*
|
| | | | 4,002 | | |
| | | 627 | | | |
Shyft Group Inc.
|
| | | | 6,464 | | |
| | | 2,802 | | | |
Solid Power Inc.*
|
| | | | 4,595 | | |
| | | 381 | | | |
Standard Motor Products Inc.
|
| | | | 12,101 | | |
| | | 946 | | | |
Titan International Inc.*
|
| | | | 12,071 | | |
| | | 494 | | | |
Visteon Corp.*
|
| | | | 55,881 | | |
| | | 400 | | | |
XPEL Inc.*
|
| | | | 21,032 | | |
| | | | | | |
Total Auto Parts & Equipment
|
| | | | 7,297,872 | | |
| Distribution/Wholesale – 0.6% | | ||||||||||||
| | | 342 | | | |
A-Mark Precious Metals Inc.
|
| | | | 8,786 | | |
| | | 3,585 | | | |
Copart Inc.
|
| | | | 190,543 | | |
| | | 27,636 | | | |
Core & Main Inc., Class A Shares*
|
| | | | 1,319,066 | | |
| | | 117 | | | |
EVI Industries Inc.
|
| | | | 2,519 | | |
| | | 2,387 | | | |
Fastenal Co.
|
| | | | 174,275 | | |
| | | 842 | | | |
Ferguson PLC
|
| | | | 178,041 | | |
| | | 738 | | | |
G-III Apparel Group Ltd.*
|
| | | | 24,553 | | |
| | | 241 | | | |
Global Industrial Co.
|
| | | | 10,568 | | |
| | | 19,971 | | | |
H&E Equipment Services Inc.
|
| | | | 1,128,162 | | |
| | | 94,731 | | | |
Hudson Technologies Inc.*
|
| | | | 1,387,809 | | |
| | | 1,118 | | | |
LKQ Corp.
|
| | | | 58,460 | | |
| | | 1,505 | | | |
MRC Global Inc.*
|
| | | | 17,353 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| CONSUMER CYCLICAL – (continued) | | ||||||||||||
| Distribution/Wholesale – (continued) | | ||||||||||||
| | | 1,912 | | | |
OPENLANE Inc.*
|
| | | $ | 29,196 | | |
| | | 159 | | | |
Pool Corp.
|
| | | | 63,301 | | |
| | | 2,584 | | | |
Resideo Technologies Inc.*
|
| | | | 57,701 | | |
| | | 1,098 | | | |
Rush Enterprises Inc., Class A Shares
|
| | | | 53,473 | | |
| | | 170 | | | |
Rush Enterprises Inc., Class B Shares
|
| | | | 8,573 | | |
| | | 445 | | | |
ScanSource Inc.*
|
| | | | 19,237 | | |
| | | 188 | | | |
SiteOne Landscape Supply Inc.*
|
| | | | 31,674 | | |
| | | 1,300 | | | |
ThredUp Inc., Class A Shares*
|
| | | | 2,600 | | |
| | | 375 | | | |
Titan Machinery Inc.*
|
| | | | 9,461 | | |
| | | 231 | | | |
VSE Corp.
|
| | | | 17,117 | | |
| | | 139 | | | |
Watsco Inc.
|
| | | | 54,783 | | |
| | | 187 | | | |
WESCO International Inc.
|
| | | | 27,955 | | |
| | | 182 | | | |
WW Grainger Inc.
|
| | | | 177,170 | | |
| | | | | | |
Total Distribution/Wholesale
|
| | | | 5,052,376 | | |
| Entertainment – 0.5% | | ||||||||||||
| | | 978 | | | |
Accel Entertainment Inc., Class A Shares*
|
| | | | 11,081 | | |
| | | 1,002 | | | |
AMC Entertainment Holdings Inc., Class A Shares*
|
| | | | 4,329 | | |
| | | 185 | | | |
Atlanta Braves Holdings Inc., Class A Shares*
|
| | | | 7,761 | | |
| | | 807 | | | |
Atlanta Braves Holdings Inc., Class C Shares*
|
| | | | 31,570 | | |
| | | 547 | | | |
Bally’s Corp.*
|
| | | | 6,148 | | |
| | | 865 | | | |
Caesars Entertainment Inc.*
|
| | | | 37,602 | | |
| | | 300 | | | |
Churchill Downs Inc.
|
| | | | 36,561 | | |
| | | 1,942 | | | |
Cinemark Holdings Inc.*
|
| | | | 33,810 | | |
| | | 1,755 | | | |
DraftKings Inc., Class A Shares*
|
| | | | 76,027 | | |
| | | 1,504 | | | |
Everi Holdings Inc.*
|
| | | | 17,837 | | |
| | | 107,767 | | | |
Genius Sports Ltd.*
|
| | | | 766,223 | | |
| | | 365 | | | |
Golden Entertainment Inc.
|
| | | | 13,527 | | |
| | | 805 | | | |
IMAX Corp.*
|
| | | | 13,790 | | |
| | | 1,911 | | | |
International Game Technology PLC
|
| | | | 51,922 | | |
| | | 107 | | | |
Liberty Media Corp.-Liberty Live, Class A Shares*
|
| | | | 4,129 | | |
| | | 206 | | | |
Liberty Media Corp.-Liberty Live, Class C Shares*
|
| | | | 8,203 | | |
| | | 1,658 | | | |
Light & Wonder Inc.*
|
| | | | 166,646 | | |
| | | 1,066 | | | |
Lions Gate Entertainment Corp., Class A Shares*
|
| | | | 10,351 | | |
| | | 2,111 | | | |
Lions Gate Entertainment Corp., Class B Shares*
|
| | | | 19,168 | | |
| | | 657 | | | |
Live Nation Entertainment Inc.*
|
| | | | 63,716 | | |
| | | 767 | | | |
Madison Square Garden Entertainment Corp., Class A Shares*
|
| | | | 29,522 | | |
| | | 80 | | | |
Madison Square Garden Sports Corp.*
|
| | | | 15,055 | | |
| | | 156 | | | |
Marriott Vacations Worldwide Corp.
|
| | | | 14,538 | | |
| | | 242 | | | |
Monarch Casino & Resort Inc.
|
| | | | 17,025 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| CONSUMER CYCLICAL – (continued) | | ||||||||||||
| Entertainment – (continued) | | ||||||||||||
| | | 656 | | | |
Penn Entertainment Inc.*
|
| | | $ | 12,005 | | |
| | | 159 | | | |
RCI Hospitality Holdings Inc.
|
| | | | 8,961 | | |
| | | 841 | | | |
Red Rock Resorts Inc., Class A Shares
|
| | | | 48,770 | | |
| | | 492 | | | |
Reservoir Media Inc.*
|
| | | | 3,552 | | |
| | | 1,141 | | | |
Rush Street Interactive Inc.*
|
| | | | 6,675 | | |
| | | 1,279 | | | |
Six Flags Entertainment Corp.*
|
| | | | 32,410 | | |
| | | 2,491 | | | |
Super Group SGHC Ltd.*
|
| | | | 8,220 | | |
| | | 261 | | | |
TKO Group Holdings Inc., Class A Shares
|
| | | | 21,854 | | |
| | | 644 | | | |
United Parks & Resorts Inc.*
|
| | | | 33,069 | | |
| | | 13,461 | | | |
Vail Resorts Inc.
|
| | | | 3,100,203 | | |
| | | | | | |
Total Entertainment
|
| | | | 4,732,260 | | |
| Food Service – 0.0% | | ||||||||||||
| | | 991 | | | |
Aramark
|
| | | | 30,057 | | |
| | | 908 | | | |
Sovos Brands Inc.*
|
| | | | 20,693 | | |
| | | | | | |
Total Food Service
|
| | | | 50,750 | | |
| Home Builders – 0.9% | | ||||||||||||
| | | 30,342 | | | |
Beazer Homes USA Inc.*
|
| | | | 950,615 | | |
| | | 154 | | | |
Cavco Industries Inc.*
|
| | | | 57,376 | | |
| | | 10,746 | | | |
Century Communities Inc.
|
| | | | 927,272 | | |
| | | 1,284 | | | |
DR Horton Inc.
|
| | | | 191,881 | | |
| | | 441 | | | |
Dream Finders Homes Inc., Class A Shares*
|
| | | | 17,256 | | |
| | | 335 | | | |
Forestar Group Inc.*
|
| | | | 11,296 | | |
| | | 465 | | | |
Green Brick Partners Inc.*
|
| | | | 27,202 | | |
| | | 88 | | | |
Hovnanian Enterprises Inc., Class A Shares*
|
| | | | 13,786 | | |
| | | 10,987 | | | |
Installed Building Products Inc.
|
| | | | 2,625,124 | | |
| | | 1,274 | | | |
KB Home
|
| | | | 84,632 | | |
| | | 237 | | | |
Landsea Homes Corp.*
|
| | | | 3,228 | | |
| | | 435 | | | |
LCI Industries
|
| | | | 54,801 | | |
| | | 1,010 | | | |
Lennar Corp., Class A Shares
|
| | | | 160,095 | | |
| | | 60 | | | |
Lennar Corp., Class B Shares
|
| | | | 8,842 | | |
| | | 368 | | | |
LGI Homes Inc.*
|
| | | | 41,985 | | |
| | | 475 | | | |
M/I Homes Inc.*
|
| | | | 60,320 | | |
| | | 1,098 | | | |
MDC Holdings Inc.
|
| | | | 68,845 | | |
| | | 7,096 | | | |
Meritage Homes Corp.
|
| | | | 1,118,755 | | |
| | | 12 | | | |
NVR Inc.*
|
| | | | 91,507 | | |
| | | 884 | | | |
PulteGroup Inc.
|
| | | | 95,808 | | |
| | | 9,681 | | | |
Skyline Champion Corp.*
|
| | | | 811,171 | | |
| | | 15,959 | | | |
Smith Douglas Homes Corp., Class A Shares*
|
| | | | 460,258 | | |
| | | 1,848 | | | |
Taylor Morrison Home Corp., Class A Shares*
|
| | | | 104,615 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| CONSUMER CYCLICAL – (continued) | | ||||||||||||
| Home Builders – (continued) | | ||||||||||||
| | | 217 | | | |
Thor Industries Inc.
|
| | | $ | 27,815 | | |
| | | 460 | | | |
Toll Brothers Inc.
|
| | | | 52,734 | | |
| | | 1,748 | | | |
Tri Pointe Homes Inc.*
|
| | | | 61,844 | | |
| | | 519 | | | |
Winnebago Industries Inc.
|
| | | | 37,228 | | |
| | | | | | |
Total Home Builders
|
| | | | 8,166,291 | | |
| Home Furnishings – 0.5% | | ||||||||||||
| | | 73,204 | | | |
Arhaus Inc., Class A Shares*
|
| | | | 967,757 | | |
| | | 702 | | | |
Daktronics Inc.*
|
| | | | 6,093 | | |
| | | 251 | | | |
Dolby Laboratories Inc., Class A Shares
|
| | | | 20,331 | | |
| | | 412 | | | |
Ethan Allen Interiors Inc.
|
| | | | 13,773 | | |
| | | 198 | | | |
Hooker Furnishings Corp.
|
| | | | 4,853 | | |
| | | 489 | | | |
iRobot Corp.*
|
| | | | 5,579 | | |
| | | 567 | | | |
Leggett & Platt Inc.
|
| | | | 11,578 | | |
| | | 254 | | | |
Lovesac Co.*
|
| | | | 5,852 | | |
| | | 1,344 | | | |
MillerKnoll Inc.
|
| | | | 41,059 | | |
| | | 1,514 | | | |
Purple Innovation Inc., Class A Shares
|
| | | | 2,816 | | |
| | | 390 | | | |
Sleep Number Corp.*
|
| | | | 6,443 | | |
| | | 338 | | | |
Snap One Holdings Corp.*
|
| | | | 2,799 | | |
| | | 2,250 | | | |
Sonos Inc.*
|
| | | | 42,660 | | |
| | | 53,104 | | | |
Tempur Sealy International Inc.
|
| | | | 2,892,575 | | |
| | | 1,399 | | | |
Vizio Holding Corp., Class A Shares*
|
| | | | 15,403 | | |
| | | 209 | | | |
VOXX International Corp., Class A Shares*
|
| | | | 1,777 | | |
| | | 226 | | | |
Whirlpool Corp.
|
| | | | 24,270 | | |
| | | 785 | | | |
Xperi Inc.*
|
| | | | 8,604 | | |
| | | | | | |
Total Home Furnishings
|
| | | | 4,074,222 | | |
| Housewares – 0.0% | | ||||||||||||
| | | 1,629 | | | |
Newell Brands Inc.
|
| | | | 12,217 | | |
| | | 180 | | | |
Scotts Miracle-Gro Co.
|
| | | | 11,826 | | |
| | | | | | |
Total Housewares
|
| | | | 24,043 | | |
| Leisure Time – 0.5% | | ||||||||||||
| | | 553 | | | |
Acushnet Holdings Corp.
|
| | | | 35,624 | | |
| | | 304 | | | |
Bowlero Corp., Class A Shares(b)
|
| | | | 3,785 | | |
| | | 300 | | | |
Brunswick Corp.
|
| | | | 26,220 | | |
| | | 750 | | | |
Camping World Holdings Inc., Class A Shares
|
| | | | 20,017 | | |
| | | 4,170 | | | |
Carnival Corp.*
|
| | | | 66,136 | | |
| | | 535 | | | |
Clarus Corp.
|
| | | | 3,082 | | |
| | | 175 | | | |
Escalade Inc.
|
| | | | 2,595 | | |
| | | 594 | | | |
Global Business Travel Group I*
|
| | | | 3,564 | | |
| | | 558 | | | |
Harley-Davidson Inc.
|
| | | | 20,239 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| CONSUMER CYCLICAL – (continued) | | ||||||||||||
| Leisure Time – (continued) | | ||||||||||||
| | | 98 | | | |
Johnson Outdoors Inc., Class A Shares
|
| | | $ | 4,504 | | |
| | | 806 | | | |
Life Time Group Holdings Inc.*
|
| | | | 11,074 | | |
| | | 636 | | | |
Lindblad Expeditions Holdings Inc.*
|
| | | | 5,896 | | |
| | | 281 | | | |
Livewire Group Inc.*
|
| | | | 2,636 | | |
| | | 363 | | | |
Malibu Boats Inc., Class A Shares*
|
| | | | 15,841 | | |
| | | 319 | | | |
MasterCraft Boat Holdings Inc.*
|
| | | | 6,996 | | |
| | | 1,785 | | | |
Norwegian Cruise Line Holdings Ltd.*
|
| | | | 34,611 | | |
| | | 116,341 | | | |
OneSpaWorld Holdings Ltd.*
|
| | | | 1,517,087 | | |
| | | 1,392 | | | |
Peloton Interactive Inc., Class A Shares*
|
| | | | 6,292 | | |
| | | 363 | | | |
Planet Fitness Inc., Class A Shares*
|
| | | | 22,524 | | |
| | | 228 | | | |
Polaris Inc.
|
| | | | 21,138 | | |
| | | 980 | | | |
Royal Caribbean Cruises Ltd.*
|
| | | | 120,883 | | |
| | | 126,444 | | | |
Topgolf Callaway Brands Corp.*
|
| | | | 1,800,563 | | |
| | | 4,632 | | | |
Virgin Galactic Holdings Inc.*
|
| | | | 8,060 | | |
| | | 1,022 | | | |
Vista Outdoor Inc.*
|
| | | | 31,886 | | |
| | | 457 | | | |
Xponential Fitness Inc., Class A Shares*
|
| | | | 4,607 | | |
| | | 23,363 | | | |
YETI Holdings Inc.*
|
| | | | 958,818 | | |
| | | | | | |
Total Leisure Time
|
| | | | 4,754,678 | | |
| Lodging – 0.0% | | ||||||||||||
| | | 313 | | | |
Boyd Gaming Corp.
|
| | | | 20,699 | | |
| | | 484 | | | |
Century Casinos Inc.*
|
| | | | 1,408 | | |
| | | 130 | | | |
Choice Hotels International Inc.
|
| | | | 14,552 | | |
| | | 578 | | | |
Full House Resorts Inc.*
|
| | | | 2,965 | | |
| | | 1,432 | | | |
Hilton Grand Vacations Inc.*
|
| | | | 64,268 | | |
| | | 1,027 | | | |
Hilton Worldwide Holdings Inc.
|
| | | | 209,837 | | |
| | | 195 | | | |
Hyatt Hotels Corp., Class A Shares
|
| | | | 29,950 | | |
| | | 448 | | | |
Marcus Corp.
|
| | | | 6,572 | | |
| | | 1,164 | | | |
MGM Resorts International*
|
| | | | 50,378 | | |
| | | 310 | | | |
Travel + Leisure Co.
|
| | | | 13,854 | | |
| | | 356 | | | |
Wyndham Hotels & Resorts Inc.
|
| | | | 27,252 | | |
| | | 437 | | | |
Wynn Resorts Ltd.
|
| | | | 45,972 | | |
| | | | | | |
Total Lodging
|
| | | | 487,707 | | |
| Office Furnishings – 0.0% | | ||||||||||||
| | | 818 | | | |
HNI Corp.
|
| | | | 36,655 | | |
| | | 1,042 | | | |
Interface Inc., Class A Shares
|
| | | | 16,380 | | |
| | | 1,655 | | | |
Steelcase Inc., Class A Shares
|
| | | | 22,740 | | |
| | | | | | |
Total Office Furnishings
|
| | | | 75,775 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| CONSUMER CYCLICAL – (continued) | | ||||||||||||
| Retail – 4.8% | | ||||||||||||
| | | 11,230 | | | |
Abercrombie & Fitch Co., Class A Shares*
|
| | | $ | 1,434,745 | | |
| | | 1,313 | | | |
Academy Sports & Outdoors Inc.
|
| | | | 98,107 | | |
| | | 255 | | | |
Advance Auto Parts Inc.
|
| | | | 17,223 | | |
| | | 108,354 | | | |
American Eagle Outfitters Inc.
|
| | | | 2,573,407 | | |
| | | 110 | | | |
America’s Car-Mart Inc.*
|
| | | | 7,407 | | |
| | | 1,494 | | | |
Arko Corp.
|
| | | | 9,756 | | |
| | | 364 | | | |
Asbury Automotive Group Inc.*
|
| | | | 76,014 | | |
| | | 125 | | | |
AutoNation Inc.*
|
| | | | 18,725 | | |
| | | 966 | | | |
Bath & Body Works Inc.
|
| | | | 44,146 | | |
| | | 1,139 | | | |
Beacon Roofing Supply Inc.*
|
| | | | 97,829 | | |
| | | 32,217 | | | |
Best Buy Co., Inc.
|
| | | | 2,605,711 | | |
| | | 488 | | | |
Big 5 Sporting Goods Corp.
|
| | | | 2,342 | | |
| | | 636 | | | |
Big Lots Inc.
|
| | | | 3,447 | | |
| | | 18 | | | |
Biglari Holdings Inc., Class B Shares*
|
| | | | 3,118 | | |
| | | 414 | | | |
BJ’s Restaurants Inc.*
|
| | | | 14,498 | | |
| | | 560 | | | |
BJ’s Wholesale Club Holdings Inc.*
|
| | | | 40,902 | | |
| | | 1,548 | | | |
Bloomin’ Brands Inc.
|
| | | | 42,075 | | |
| | | 158 | | | |
BlueLinx Holdings Inc.*
|
| | | | 20,042 | | |
| | | 525 | | | |
Boot Barn Holdings Inc.*
|
| | | | 48,562 | | |
| | | 779 | | | |
Brinker International Inc.*
|
| | | | 36,099 | | |
| | | 545 | | | |
Buckle Inc.
|
| | | | 22,312 | | |
| | | 243 | | | |
Build-A-Bear Workshop Inc.
|
| | | | 5,817 | | |
| | | 272 | | | |
Burlington Stores Inc.*
|
| | | | 55,787 | | |
| | | 620 | | | |
Caleres Inc.
|
| | | | 23,938 | | |
| | | 664 | | | |
CarMax Inc.*
|
| | | | 52,456 | | |
| | | 669 | | | |
Carrols Restaurant Group Inc.
|
| | | | 6,335 | | |
| | | 7,432 | | | |
Carvana Co., Class A Shares*
|
| | | | 564,312 | | |
| | | 157 | | | |
Casey’s General Stores Inc.
|
| | | | 47,805 | | |
| | | 434 | | | |
Cato Corp., Class A Shares
|
| | | | 2,869 | | |
| | | 17,118 | | | |
Cava Group Inc.*
|
| | | | 999,862 | | |
| | | 43,372 | | | |
Cheesecake Factory Inc.
|
| | | | 1,534,501 | | |
| | | 223 | | | |
Children’s Place Inc.*
|
| | | | 4,291 | | |
| | | 326 | | | |
Chuy’s Holdings Inc.*
|
| | | | 11,029 | | |
| | | 3,072 | | | |
Clean Energy Fuels Corp.*
|
| | | | 9,062 | | |
| | | 391 | | | |
Cracker Barrel Old Country Store Inc.
|
| | | | 25,857 | | |
| | | 506 | | | |
Darden Restaurants Inc.
|
| | | | 86,379 | | |
| | | 642 | | | |
Dave & Buster’s Entertainment Inc.*
|
| | | | 39,637 | | |
| | | 999 | | | |
Denny’s Corp.*
|
| | | | 9,221 | | |
| | | 893 | | | |
Designer Brands Inc., Class A Shares
|
| | | | 9,430 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| CONSUMER CYCLICAL – (continued) | | ||||||||||||
| Retail – (continued) | | ||||||||||||
| | | 1,057 | | | |
Destination XL Group Inc.*
|
| | | $ | 4,217 | | |
| | | 254 | | | |
Dick’s Sporting Goods Inc.
|
| | | | 45,184 | | |
| | | 62 | | | |
Dillard’s Inc., Class A Shares
|
| | | | 25,713 | | |
| | | 281 | | | |
Dine Brands Global Inc.
|
| | | | 13,631 | | |
| | | 873 | | | |
Dollar Tree Inc.*
|
| | | | 128,052 | | |
| | | 148 | | | |
Domino’s Pizza Inc.
|
| | | | 66,356 | | |
| | | 34,890 | | | |
Dutch Bros Inc., Class A Shares*
|
| | | | 1,016,346 | | |
| | | 514 | | | |
El Pollo Loco Holdings Inc.*
|
| | | | 4,657 | | |
| | | 1,906 | | | |
EVgo Inc., Class A Shares*(b)
|
| | | | 5,642 | | |
| | | 39,133 | | | |
First Watch Restaurant Group Inc.*
|
| | | | 980,282 | | |
| | | 662 | | | |
FirstCash Holdings Inc.
|
| | | | 75,799 | | |
| | | 231 | | | |
Five Below Inc.*
|
| | | | 46,357 | | |
| | | 438 | | | |
Floor & Decor Holdings Inc., Class A Shares*
|
| | | | 53,051 | | |
| | | 1,456 | | | |
Foot Locker Inc.
|
| | | | 50,130 | | |
| | | 12,637 | | | |
Freshpet Inc.*
|
| | | | 1,428,360 | | |
| | | 1,141 | | | |
GameStop Corp., Class A Shares*(b)
|
| | | | 16,282 | | |
| | | 20,584 | | | |
Gap Inc.
|
| | | | 389,861 | | |
| | | 223 | | | |
Genesco Inc.*
|
| | | | 7,118 | | |
| | | 18,787 | | | |
Genuine Parts Co.
|
| | | | 2,804,148 | | |
| | | 723 | | | |
GMS Inc.*
|
| | | | 64,571 | | |
| | | 245 | | | |
Group 1 Automotive Inc.
|
| | | | 66,309 | | |
| | | 1,089 | | | |
GrowGeneration Corp.*
|
| | | | 2,330 | | |
| | | 521 | | | |
Guess? Inc.
|
| | | | 13,223 | | |
| | | 269 | | | |
Haverty Furniture Cos Inc.
|
| | | | 9,227 | | |
| | | 228 | | | |
Hibbett Inc.
|
| | | | 18,685 | | |
| | | 80 | | | |
J Jill Inc.*
|
| | | | 1,999 | | |
| | | 365 | | | |
Jack in the Box Inc.
|
| | | | 26,645 | | |
| | | 479 | | | |
Kohl’s Corp.
|
| | | | 13,350 | | |
| | | 15,530 | | | |
Kura Sushi USA Inc., Class A Shares*
|
| | | | 1,475,816 | | |
| | | 771 | | | |
La-Z-Boy Inc.
|
| | | | 29,290 | | |
| | | 3,176 | | | |
Leslie’s Inc.*
|
| | | | 25,090 | | |
| | | 114 | | | |
Lithia Motors Inc., Class A Shares
|
| | | | 34,093 | | |
| | | 1,161 | | | |
Macy’s Inc.
|
| | | | 20,248 | | |
| | | 385 | | | |
MarineMax Inc.*
|
| | | | 12,782 | | |
| | | 282 | | | |
Movado Group Inc.
|
| | | | 8,096 | | |
| | | 195 | | | |
MSC Industrial Direct Co., Inc., Class A Shares
|
| | | | 19,683 | | |
| | | 13,381 | | | |
Murphy USA Inc.
|
| | | | 5,580,011 | | |
| | | 55,143 | | | |
National Vision Holdings Inc.*
|
| | | | 1,290,346 | | |
| | | 963 | | | |
Noodles & Co., Class A Shares*
|
| | | | 2,417 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| CONSUMER CYCLICAL – (continued) | | ||||||||||||
| Retail – (continued) | | ||||||||||||
| | | 501 | | | |
Nordstrom Inc.
|
| | | $ | 10,506 | | |
| | | 890 | | | |
Nu Skin Enterprises Inc., Class A Shares
|
| | | | 11,125 | | |
| | | 584 | | | |
ODP Corp.*
|
| | | | 32,984 | | |
| | | 6,199 | | | |
Ollie’s Bargain Outlet Holdings Inc.*
|
| | | | 496,974 | | |
| | | 542 | | | |
ONE Group Hospitality Inc.*
|
| | | | 2,119 | | |
| | | 209 | | | |
OneWater Marine Inc., Class A Shares*
|
| | | | 5,436 | | |
| | | 580 | | | |
Papa John’s International Inc.
|
| | | | 41,696 | | |
| | | 378 | | | |
Patrick Industries Inc.
|
| | | | 45,337 | | |
| | | 207 | | | |
PC Connection Inc.
|
| | | | 13,741 | | |
| | | 86 | | | |
Penske Automotive Group Inc.
|
| | | | 13,201 | | |
| | | 376 | | | |
PetMed Express Inc.
|
| | | | 1,903 | | |
| | | 818 | | | |
Portillo’s Inc., Class A Shares*
|
| | | | 11,886 | | |
| | | 478 | | | |
Potbelly Corp.*
|
| | | | 6,635 | | |
| | | 457 | | | |
PriceSmart Inc.
|
| | | | 38,452 | | |
| | | 365 | | | |
Red Robin Gourmet Burgers Inc.*
|
| | | | 2,730 | | |
| | | 73 | | | |
RH*
|
| | | | 20,031 | | |
| | | 1,403 | | | |
Ross Stores Inc.
|
| | | | 208,991 | | |
| | | 1,921 | | | |
Sally Beauty Holdings Inc.*
|
| | | | 24,262 | | |
| | | 475 | | | |
Savers Value Village Inc.*
|
| | | | 9,614 | | |
| | | 667 | | | |
Shake Shack Inc., Class A Shares*
|
| | | | 70,915 | | |
| | | 334 | | | |
Shoe Carnival Inc.
|
| | | | 10,945 | | |
| | | 784 | | | |
Signet Jewelers Ltd.
|
| | | | 79,780 | | |
| | | 283 | | | |
Sonic Automotive Inc., Class A Shares
|
| | | | 14,858 | | |
| | | 700 | | | |
Sportsman’s Warehouse Holdings Inc.*
|
| | | | 2,527 | | |
| | | 1,721 | | | |
Sweetgreen Inc., Class A Shares*
|
| | | | 21,926 | | |
| | | 31,500 | | | |
Target Corp.
|
| | | | 4,816,980 | | |
| | | 283 | | | |
Texas Roadhouse Inc., Class A Shares
|
| | | | 42,272 | | |
| | | 505 | | | |
Tile Shop Holdings Inc.*
|
| | | | 3,510 | | |
| | | 412 | | | |
Tilly’s Inc., Class A Shares*
|
| | | | 3,168 | | |
| | | 458 | | | |
Tractor Supply Co.
|
| | | | 116,479 | | |
| | | 203 | | | |
Ulta Beauty Inc.*
|
| | | | 111,358 | | |
| | | 60,851 | | | |
Urban Outfitters Inc.*
|
| | | | 2,528,359 | | |
| | | 483 | | | |
Vera Bradley Inc.*
|
| | | | 3,767 | | |
| | | 332 | | | |
Victoria’s Secret & Co.*
|
| | | | 9,482 | | |
| | | 3,003 | | | |
Walgreens Boots Alliance Inc.
|
| | | | 63,844 | | |
| | | 74,774 | | | |
Warby Parker Inc., Class A Shares*
|
| | | | 950,378 | | |
| | | 740 | | | |
Wendy’s Co.
|
| | | | 13,401 | | |
| | | 268 | | | |
Williams-Sonoma Inc.
|
| | | | 63,122 | | |
| | | 4,851 | | | |
Wingstop Inc.
|
| | | | 1,702,944 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| CONSUMER CYCLICAL – (continued) | | ||||||||||||
| Retail – (continued) | | ||||||||||||
| | | 51 | | | |
Winmark Corp.
|
| | | $ | 19,357 | | |
| | | 58,700 | | | |
Yum China Holdings Inc.
|
| | | | 2,517,643 | | |
| | | 1,172 | | | |
Yum! Brands Inc.
|
| | | | 162,228 | | |
| | | 288 | | | |
Zumiez Inc.*
|
| | | | 5,075 | | |
| | | | | | |
Total Retail
|
| | | | 40,912,393 | | |
| Textiles – 0.0% | | ||||||||||||
| | | 265 | | | |
UniFirst Corp.
|
| | | | 44,711 | | |
| Toys/Games/Hobbies – 0.0% | | ||||||||||||
| | | 631 | | | |
Funko Inc., Class A Shares*
|
| | | | 4,442 | | |
| | | 550 | | | |
Hasbro Inc.
|
| | | | 27,659 | | |
| | | 154 | | | |
JAKKS Pacific Inc.*
|
| | | | 5,407 | | |
| | | 1,484 | | | |
Mattel Inc.*
|
| | | | 29,235 | | |
| | | | | | |
Total Toys/Games/Hobbies
|
| | | | 66,743 | | |
| | | | | | |
TOTAL CONSUMER CYCLICAL
|
| | | | 88,648,875 | | |
| CONSUMER NON-CYCLICAL – 20.1% | | ||||||||||||
| Agriculture – 0.1% | | ||||||||||||
| | | 131 | | | |
Alico Inc.
|
| | | | 3,630 | | |
| | | 570 | | | |
Andersons Inc.
|
| | | | 31,510 | | |
| | | 597 | | | |
Bunge Global SA
|
| | | | 56,339 | | |
| | | 668 | | | |
Darling Ingredients Inc.*
|
| | | | 28,263 | | |
| | | 1,283 | | | |
Dole PLC
|
| | | | 15,152 | | |
| | | 610 | | | |
Fresh Del Monte Produce Inc.
|
| | | | 14,597 | | |
| | | 391 | | | |
Ispire Technology Inc.*(b)
|
| | | | 3,957 | | |
| | | 317 | | | |
Limoneira Co.
|
| | | | 5,852 | | |
| | | 390 | | | |
Tejon Ranch Co.*
|
| | | | 6,486 | | |
| | | 316 | | | |
Turning Point Brands Inc.
|
| | | | 7,995 | | |
| | | 430 | | | |
Universal Corp.
|
| | | | 20,644 | | |
| | | 2,577 | | | |
Vector Group Ltd.
|
| | | | 28,759 | | |
| | | 37,498 | | | |
Vital Farms Inc.*
|
| | | | 673,839 | | |
| | | | | | |
Total Agriculture
|
| | | | 897,023 | | |
| Beverages – 0.5% | | ||||||||||||
| | | 40 | | | |
Boston Beer Co., Inc., Class A Shares*
|
| | | | 12,326 | | |
| | | 860 | | | |
BRC Inc., Class A Shares*(b)
|
| | | | 3,552 | | |
| | | 211 | | | |
Brown-Forman Corp., Class A Shares
|
| | | | 12,647 | | |
| | | 773 | | | |
Brown-Forman Corp., Class B Shares
|
| | | | 46,558 | | |
| | | 30,174 | | | |
Celsius Holdings Inc.*
|
| | | | 2,462,802 | | |
| | | 84 | | | |
Coca-Cola Consolidated Inc.
|
| | | | 70,627 | | |
| | | 806 | | | |
Duckhorn Portfolio Inc.*
|
| | | | 7,665 | | |
| | | 15,850 | | | |
MGP Ingredients Inc.
|
| | | | 1,350,103 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| CONSUMER NON-CYCLICAL – (continued) | | ||||||||||||
| Beverages – (continued) | | ||||||||||||
| | | 734 | | | |
Molson Coors Beverage Co., Class B Shares
|
| | | $ | 45,816 | | |
| | | 422 | | | |
National Beverage Corp.*
|
| | | | 22,214 | | |
| | | 2,764 | | | |
Primo Water Corp.
|
| | | | 44,804 | | |
| | | 514 | | | |
Vita Coco Co., Inc.*
|
| | | | 13,415 | | |
| | | 516 | | | |
Westrock Coffee Co.*
|
| | | | 5,222 | | |
| | | | | | |
Total Beverages
|
| | | | 4,097,751 | | |
| Biotechnology – 4.4% | | ||||||||||||
| | | 919 | | | |
2seventy bio Inc.*
|
| | | | 4,779 | | |
| | | 717 | | | |
4D Molecular Therapeutics Inc.*
|
| | | | 20,090 | | |
| | | 1,107 | | | |
89bio Inc.*
|
| | | | 12,697 | | |
| | | 2,134 | | | |
ACADIA Pharmaceuticals Inc.*
|
| | | | 49,594 | | |
| | | 468 | | | |
Actinium Pharmaceuticals Inc.*
|
| | | | 3,992 | | |
| | | 155,606 | | | |
ADMA Biologics Inc.*
|
| | | | 834,048 | | |
| | | 10,721 | | | |
Aerovate Therapeutics Inc.*
|
| | | | 247,441 | | |
| | | 6,488 | | | |
Agenus Inc.*
|
| | | | 4,347 | | |
| | | 905 | | | |
Akero Therapeutics Inc.*
|
| | | | 24,426 | | |
| | | 843 | | | |
Aldeyra Therapeutics Inc.*
|
| | | | 3,052 | | |
| | | 1,492 | | | |
Allakos Inc.*
|
| | | | 2,208 | | |
| | | 1,490 | | | |
Allogene Therapeutics Inc.*
|
| | | | 7,316 | | |
| | | 1,294 | | | |
Allovir Inc.*
|
| | | | 953 | | |
| | | 518 | | | |
Alnylam Pharmaceuticals Inc.*
|
| | | | 78,265 | | |
| | | 589 | | | |
Alpine Immune Sciences Inc.*
|
| | | | 20,745 | | |
| | | 870 | | | |
Altimmune Inc.*
|
| | | | 10,527 | | |
| | | 400 | | | |
ALX Oncology Holdings Inc.*
|
| | | | 5,868 | | |
| | | 4,933 | | | |
Amicus Therapeutics Inc.*
|
| | | | 63,241 | | |
| | | 349 | | | |
AnaptysBio Inc.*
|
| | | | 8,910 | | |
| | | 1,306 | | | |
Anavex Life Sciences Corp.*(b)
|
| | | | 6,713 | | |
| | | 260 | | | |
ANI Pharmaceuticals Inc.*
|
| | | | 17,594 | | |
| | | 1,163 | | | |
Annexon Inc.*
|
| | | | 6,478 | | |
| | | 15,736 | | | |
Apellis Pharmaceuticals Inc.*
|
| | | | 975,160 | | |
| | | 54,881 | | | |
Apogee Therapeutics Inc.*(b)
|
| | | | 1,910,956 | | |
| | | 2,271 | | | |
Arbutus Biopharma Corp.*
|
| | | | 6,359 | | |
| | | 674 | | | |
Arcellx Inc.*
|
| | | | 44,363 | | |
| | | 422 | | | |
Arcturus Therapeutics Holdings Inc.*
|
| | | | 16,357 | | |
| | | 944 | | | |
Arcus Biosciences Inc.*
|
| | | | 18,059 | | |
| | | 1,426 | | | |
Arcutis Biotherapeutics Inc.*
|
| | | | 14,659 | | |
| | | 4,251 | | | |
Ardelyx Inc.*
|
| | | | 39,619 | | |
| | | 2,091 | | | |
Arrowhead Pharmaceuticals Inc.*
|
| | | | 67,121 | | |
| | | 592 | | | |
ARS Pharmaceuticals Inc.*
|
| | | | 4,955 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| CONSUMER NON-CYCLICAL – (continued) | | ||||||||||||
| Biotechnology – (continued) | | ||||||||||||
| | | 47,996 | | | |
Astria Therapeutics Inc.*
|
| | | $ | 682,503 | | |
| | | 1,703 | | | |
Atara Biotherapeutics Inc.*
|
| | | | 1,325 | | |
| | | 1,395 | | | |
Atea Pharmaceuticals Inc.*
|
| | | | 6,012 | | |
| | | 500 | | | |
Aura Biosciences Inc.*
|
| | | | 4,535 | | |
| | | 2,417 | | | |
Aurinia Pharmaceuticals Inc.*
|
| | | | 13,825 | | |
| | | 44,108 | | | |
Autolus Therapeutics PLC, ADR*
|
| | | | 264,648 | | |
| | | 1,126 | | | |
Avid Bioservices Inc.*
|
| | | | 8,648 | | |
| | | 1,300 | | | |
Avidity Biosciences Inc.*
|
| | | | 23,790 | | |
| | | 7,835 | | | |
Axsome Therapeutics Inc.*
|
| | | | 637,612 | | |
| | | 1,329 | | | |
Beam Therapeutics Inc.*
|
| | | | 52,482 | | |
| | | 1,140 | | | |
BioAtla Inc.*
|
| | | | 3,078 | | |
| | | 3,368 | | | |
BioCryst Pharmaceuticals Inc.*
|
| | | | 18,962 | | |
| | | 602 | | | |
Biogen Inc.*
|
| | | | 130,628 | | |
| | | 20,024 | | | |
Biohaven Ltd.*
|
| | | | 963,955 | | |
| | | 784 | | | |
BioMarin Pharmaceutical Inc.*
|
| | | | 67,644 | | |
| | | 55,741 | | | |
Biomea Fusion Inc.*(b)
|
| | | | 975,468 | | |
| | | 89 | | | |
Bio-Rad Laboratories Inc., Class A Shares*
|
| | | | 29,003 | | |
| | | 2,001 | | | |
Bluebird Bio Inc.*
|
| | | | 2,781 | | |
| | | 7,387 | | | |
Blueprint Medicines Corp.*
|
| | | | 690,832 | | |
| | | 2,015 | | | |
Bridgebio Pharma Inc.*
|
| | | | 68,812 | | |
| | | 627 | | | |
Cabaletta Bio Inc.*
|
| | | | 14,346 | | |
| | | 1,390 | | | |
Caribou Biosciences Inc.*
|
| | | | 10,995 | | |
| | | 2,655 | | | |
Cartesian Therapeutics Inc.
|
| | | | 1,942 | | |
| | | 718 | | | |
Cassava Sciences Inc.(b)
|
| | | | 16,500 | | |
| | | 306 | | | |
Celcuity Inc.*
|
| | | | 4,761 | | |
| | | 826 | | | |
Celldex Therapeutics Inc.*
|
| | | | 39,698 | | |
| | | 1,257 | | | |
Cerevel Therapeutics Holdings Inc.*
|
| | | | 51,537 | | |
| | | 524 | | | |
Certara Inc.*
|
| | | | 8,845 | | |
| | | 15,652 | | | |
CG oncology Inc.*(b)
|
| | | | 699,801 | | |
| | | 1,457 | | | |
Cogent Biosciences Inc.*
|
| | | | 10,199 | | |
| | | 1,681 | | | |
Compass Therapeutics Inc.*
|
| | | | 2,992 | | |
| | | 2,981 | | | |
Corteva Inc.
|
| | | | 159,543 | | |
| | | 137,168 | | | |
Crinetics Pharmaceuticals Inc.*
|
| | | | 5,615,658 | | |
| | | 436 | | | |
Cullinan Oncology Inc.*
|
| | | | 8,053 | | |
| | | 2,035 | | | |
Cymabay Therapeutics Inc.*
|
| | | | 65,507 | | |
| | | 2,189 | | | |
Cytek Biosciences Inc.*
|
| | | | 16,855 | | |
| | | 5,791 | | | |
Cytokinetics Inc.*
|
| | | | 418,342 | | |
| | | 48,037 | | | |
Day One Biopharmaceuticals Inc.*
|
| | | | 803,659 | | |
| | | 946 | | | |
Deciphera Pharmaceuticals Inc.*
|
| | | | 15,789 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| CONSUMER NON-CYCLICAL – (continued) | | ||||||||||||
| Biotechnology – (continued) | | ||||||||||||
| | | 2,083 | | | |
Denali Therapeutics Inc.*
|
| | | $ | 41,202 | | |
| | | 163 | | | |
Disc Medicine Inc., Class A Shares*
|
| | | | 11,193 | | |
| | | 2,290 | | | |
Dynavax Technologies Corp.*
|
| | | | 29,014 | | |
| | | 791 | | | |
Dyne Therapeutics Inc.*
|
| | | | 21,278 | | |
| | | 45,976 | | | |
Edgewise Therapeutics Inc.*
|
| | | | 750,788 | | |
| | | 1,491 | | | |
Editas Medicine Inc.*
|
| | | | 14,999 | | |
| | | 1,151 | | | |
Emergent BioSolutions Inc.*
|
| | | | 3,718 | | |
| | | 400 | | | |
Entrada Therapeutics Inc.*
|
| | | | 5,292 | | |
| | | 1,415 | | | |
Erasca Inc.*
|
| | | | 3,368 | | |
| | | 768 | | | |
Evolus Inc.*
|
| | | | 11,389 | | |
| | | 1,353 | | | |
Exelixis Inc.*
|
| | | | 29,631 | | |
| | | 478 | | | |
EyePoint Pharmaceuticals Inc.*
|
| | | | 13,006 | | |
| | | 1,931 | | | |
Fate Therapeutics Inc.*
|
| | | | 13,691 | | |
| | | 2,037 | | | |
FibroGen Inc.*
|
| | | | 3,483 | | |
| | | 340 | | | |
Genelux Corp.*
|
| | | | 2,482 | | |
| | | 1,029 | | | |
Generation Bio Co.*
|
| | | | 2,583 | | |
| | | 8,893 | | | |
Geron Corp.*
|
| | | | 17,786 | | |
| | | 1,986 | | | |
Guardant Health Inc.*
|
| | | | 37,734 | | |
| | | 2,366 | | | |
Halozyme Therapeutics Inc.*
|
| | | | 94,190 | | |
| | | 739 | | | |
Harvard Bioscience Inc.*
|
| | | | 3,200 | | |
| | | 384 | | | |
HilleVax Inc.*
|
| | | | 6,970 | | |
| | | 1,130 | | | |
Humacyte Inc.*
|
| | | | 4,916 | | |
| | | 34,089 | | | |
Ideaya Biosciences Inc.*
|
| | | | 1,523,778 | | |
| | | 239 | | | |
IGM Biosciences Inc.*
|
| | | | 3,019 | | |
| | | 662 | | | |
Illumina Inc.*
|
| | | | 92,567 | | |
| | | 2,105 | | | |
ImmunityBio Inc.*(b)
|
| | | | 9,957 | | |
| | | 954 | | | |
Immunovant Inc.*
|
| | | | 33,743 | | |
| | | 775 | | | |
Incyte Corp.*
|
| | | | 45,229 | | |
| | | 622 | | | |
Inhibrx Inc.*
|
| | | | 22,784 | | |
| | | 1,072 | | | |
Innoviva Inc.*
|
| | | | 16,380 | | |
| | | 828 | | | |
Inozyme Pharma Inc.*
|
| | | | 5,266 | | |
| | | 2,485 | | | |
Insmed Inc.*
|
| | | | 68,884 | | |
| | | 1,554 | | | |
Intellia Therapeutics Inc.*
|
| | | | 49,914 | | |
| | | 1,701 | | | |
Intra-Cellular Therapies Inc.*
|
| | | | 118,254 | | |
| | | 602 | | | |
Ionis Pharmaceuticals Inc.*
|
| | | | 27,216 | | |
| | | 26,748 | | | |
Iovance Biotherapeutics Inc.*
|
| | | | 425,561 | | |
| | | 449 | | | |
iTeos Therapeutics Inc.*
|
| | | | 4,809 | | |
| | | 12,794 | | | |
Janux Therapeutics Inc.*
|
| | | | 618,974 | | |
| | | 151 | | | |
Karuna Therapeutics Inc.*
|
| | | | 47,409 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| CONSUMER NON-CYCLICAL – (continued) | | ||||||||||||
| Biotechnology – (continued) | | ||||||||||||
| | | 2,584 | | | |
Karyopharm Therapeutics Inc.*
|
| | | $ | 2,997 | | |
| | | 406 | | | |
Keros Therapeutics Inc.*
|
| | | | 27,405 | | |
| | | 40,976 | | | |
Kiniksa Pharmaceuticals Ltd., Class A Shares*
|
| | | | 866,233 | | |
| | | 584 | | | |
Kodiak Sciences Inc.*
|
| | | | 3,510 | | |
| | | 4,265 | | | |
Krystal Biotech Inc.*
|
| | | | 680,140 | | |
| | | 692 | | | |
Kymera Therapeutics Inc.*
|
| | | | 29,548 | | |
| | | 45,772 | | | |
Larimar Therapeutics Inc.*
|
| | | | 526,378 | | |
| | | 2,353 | | | |
Lexicon Pharmaceuticals Inc.*
|
| | | | 5,859 | | |
| | | 298 | | | |
Ligand Pharmaceuticals Inc.*
|
| | | | 23,646 | | |
| | | 2,263 | | | |
Lineage Cell Therapeutics Inc.*
|
| | | | 2,354 | | |
| | | 857 | | | |
Liquidia Corp.*
|
| | | | 12,135 | | |
| | | 1,101 | | | |
MacroGenics Inc.*
|
| | | | 19,752 | | |
| | | 475 | | | |
Maravai LifeSciences Holdings Inc., Class A Shares*
|
| | | | 3,672 | | |
| | | 743 | | | |
MeiraGTx Holdings PLC*
|
| | | | 4,584 | | |
| | | 184 | | | |
Merrimack Pharmaceuticals Inc.*
|
| | | | 2,705 | | |
| | | 2,408 | | | |
Mersana Therapeutics Inc.*
|
| | | | 13,100 | | |
| | | 458 | | | |
Mineralys Therapeutics Inc.*
|
| | | | 7,044 | | |
| | | 199 | | | |
Mirati Therapeutics Inc.*(a)(c)
|
| | | | 139 | | |
| | | 536 | | | |
Monte Rosa Therapeutics Inc.*
|
| | | | 3,393 | | |
| | | 291 | | | |
Mural Oncology PLC*
|
| | | | 1,539 | | |
| | | 1,436 | | | |
Myriad Genetics Inc.*
|
| | | | 30,055 | | |
| | | 2,258 | | | |
NeoGenomics Inc.*
|
| | | | 35,225 | | |
| | | 318 | | | |
Neumora Therapeutics Inc.*(b)
|
| | | | 5,606 | | |
| | | 713 | | | |
Nkarta Inc.*
|
| | | | 8,613 | | |
| | | 1,575 | | | |
Novavax Inc.*(b)
|
| | | | 7,781 | | |
| | | 885 | | | |
Nurix Therapeutics Inc.*
|
| | | | 10,930 | | |
| | | 32,240 | | | |
Nuvalent Inc., Class A Shares*
|
| | | | 2,712,029 | | |
| | | 2,677 | | | |
Nuvation Bio Inc.*
|
| | | | 5,006 | | |
| | | 502 | | | |
Olema Pharmaceuticals Inc.*
|
| | | | 6,225 | | |
| | | 664 | | | |
Omega Therapeutics Inc.*
|
| | | | 2,729 | | |
| | | 1,125 | | | |
Omeros Corp.*
|
| | | | 5,063 | | |
| | | 1,284 | | | |
Organogenesis Holdings Inc., Class A Shares*
|
| | | | 4,584 | | |
| | | 1,088 | | | |
Ovid Therapeutics Inc.*
|
| | | | 3,699 | | |
| | | 621 | | | |
PDS Biotechnology Corp.*
|
| | | | 4,092 | | |
| | | 243 | | | |
PepGen Inc.*
|
| | | | 4,119 | | |
| | | 578 | | | |
Phathom Pharmaceuticals Inc.*
|
| | | | 6,185 | | |
| | | 1,011 | | | |
Pliant Therapeutics Inc.*
|
| | | | 16,045 | | |
| | | 1,531 | | | |
Poseida Therapeutics Inc., Class A Shares*
|
| | | | 6,063 | | |
| | | 7,195 | | | |
Praxis Precision Medicines Inc.*
|
| | | | 336,582 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| CONSUMER NON-CYCLICAL – (continued) | | ||||||||||||
| Biotechnology – (continued) | | ||||||||||||
| | | 2,488 | | | |
Precigen Inc.*
|
| | | $ | 3,832 | | |
| | | 735 | | | |
Prime Medicine Inc.*
|
| | | | 6,343 | | |
| | | 823 | | | |
ProKidney Corp., Class A Shares*
|
| | | | 1,341 | | |
| | | 1,707 | | | |
Protalix BioTherapeutics Inc.*
|
| | | | 2,782 | | |
| | | 732 | | | |
Prothena Corp. PLC*
|
| | | | 20,196 | | |
| | | 1,255 | | | |
PTC Therapeutics Inc.*
|
| | | | 35,378 | | |
| | | 540 | | | |
RAPT Therapeutics Inc.*
|
| | | | 4,628 | | |
| | | 2,438 | | | |
Recursion Pharmaceuticals Inc., Class A Shares*(b)
|
| | | | 32,815 | | |
| | | 734 | | | |
REGENXBIO Inc.*
|
| | | | 12,801 | | |
| | | 1,624 | | | |
Relay Therapeutics Inc.*
|
| | | | 16,272 | | |
| | | 750 | | | |
Replimune Group Inc.*
|
| | | | 6,435 | | |
| | | 2,620 | | | |
REVOLUTION Medicines Inc.*
|
| | | | 77,238 | | |
| | | 3,152 | | | |
Rigel Pharmaceuticals Inc.*
|
| | | | 4,791 | | |
| | | 1,158 | | | |
Rocket Pharmaceuticals Inc.*
|
| | | | 33,929 | | |
| | | 1,485 | | | |
Roivant Sciences Ltd.*
|
| | | | 16,988 | | |
| | | 1,562 | | | |
Royalty Pharma PLC, Class A Shares
|
| | | | 47,391 | | |
| | | 943 | | | |
Sage Therapeutics Inc.*
|
| | | | 20,256 | | |
| | | 1,737 | | | |
Sana Biotechnology Inc.*
|
| | | | 17,439 | | |
| | | 2,686 | | | |
Sangamo Therapeutics Inc.*
|
| | | | 3,116 | | |
| | | 376 | | | |
Sarepta Therapeutics Inc.*
|
| | | | 48,090 | | |
| | | 1,687 | | | |
Savara Inc.*
|
| | | | 8,519 | | |
| | | 1,045 | | | |
Scholar Rock Holding Corp.*
|
| | | | 16,198 | | |
| | | 1,565 | | | |
Seer Inc., Class A Shares*
|
| | | | 2,848 | | |
| | | 1,182 | | | |
SpringWorks Therapeutics Inc.*
|
| | | | 58,225 | | |
| | | 659 | | | |
Stoke Therapeutics Inc.*
|
| | | | 5,101 | | |
| | | 68,949 | | | |
Structure Therapeutics Inc., ADR*
|
| | | | 2,797,261 | | |
| | | 1,105 | | | |
Sutro Biopharma Inc.*
|
| | | | 5,426 | | |
| | | 1,179 | | | |
Syndax Pharmaceuticals Inc.*
|
| | | | 27,636 | | |
| | | 814 | | | |
Tango Therapeutics Inc.*
|
| | | | 9,060 | | |
| | | 11,051 | | | |
Tarsus Pharmaceuticals Inc.*
|
| | | | 422,369 | | |
| | | 427 | | | |
Tela Bio Inc.*
|
| | | | 2,887 | | |
| | | 1,104 | | | |
Tenaya Therapeutics Inc.*
|
| | | | 6,569 | | |
| | | 782 | | | |
Terns Pharmaceuticals Inc.*
|
| | | | 5,724 | | |
| | | 2,444 | | | |
TG Therapeutics Inc.*
|
| | | | 42,086 | | |
| | | 1,030 | | | |
Theravance Biopharma Inc.*
|
| | | | 9,754 | | |
| | | 343 | | | |
Third Harmonic Bio Inc.*
|
| | | | 3,478 | | |
| | | 1,318 | | | |
Travere Therapeutics Inc.*
|
| | | | 9,964 | | |
| | | 256 | | | |
Tyra Biosciences Inc.*
|
| | | | 5,117 | | |
| | | 14,032 | | | |
Ultragenyx Pharmaceutical Inc.*
|
| | | | 725,735 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| CONSUMER NON-CYCLICAL – (continued) | | ||||||||||||
| Biotechnology – (continued) | | ||||||||||||
| | | 190 | | | |
United Therapeutics Corp.*
|
| | | $ | 42,872 | | |
| | | 354 | | | |
UroGen Pharma Ltd.*
|
| | | | 6,489 | | |
| | | 830 | | | |
Ventyx Biosciences Inc.*
|
| | | | 5,876 | | |
| | | 13,548 | | | |
Vera Therapeutics Inc., Class A Shares*
|
| | | | 637,840 | | |
| | | 1,289 | | | |
Veracyte Inc.*
|
| | | | 30,356 | | |
| | | 843 | | | |
Vericel Corp.*
|
| | | | 38,508 | | |
| | | 919 | | | |
Verve Therapeutics Inc.*
|
| | | | 15,669 | | |
| | | 1,715 | | | |
Viking Therapeutics Inc.*
|
| | | | 132,141 | | |
| | | 1,506 | | | |
Vir Biotechnology Inc.*
|
| | | | 16,927 | | |
| | | 764 | | | |
Viridian Therapeutics Inc.*
|
| | | | 14,294 | | |
| | | 1,097 | | | |
WaVe Life Sciences Ltd.*
|
| | | | 5,277 | | |
| | | 3,203 | | | |
X4 Pharmaceuticals Inc.*
|
| | | | 3,109 | | |
| | | 1,033 | | | |
Xencor Inc.*
|
| | | | 23,707 | | |
| | | 105,922 | | | |
Xenon Pharmaceuticals Inc.*
|
| | | | 4,999,518 | | |
| | | 186 | | | |
XOMA Corp.*
|
| | | | 4,522 | | |
| | | 1,037 | | | |
Zentalis Pharmaceuticals Inc.*
|
| | | | 15,462 | | |
| | | 597 | | | |
Zevra Therapeutics Inc.*
|
| | | | 4,024 | | |
| | | 995 | | | |
Zymeworks Inc.*
|
| | | | 11,950 | | |
| | | | | | |
Total Biotechnology
|
| | | | 37,409,437 | | |
| Commercial Services – 4.6% | | ||||||||||||
| | | 1,459 | | | |
2U Inc.*
|
| | | | 657 | | |
| | | 553 | | | |
Aaron’s Co., Inc.
|
| | | | 4,286 | | |
| | | 1,167 | | | |
ABM Industries Inc.
|
| | | | 48,209 | | |
| | | 668 | | | |
Acacia Research Corp.*
|
| | | | 2,699 | | |
| | | 905 | | | |
ADT Inc.
|
| | | | 6,570 | | |
| | | 8,632 | | | |
Adtalem Global Education Inc.*
|
| | | | 427,284 | | |
| | | 925 | | | |
Affirm Holdings Inc., Class A Shares*
|
| | | | 34,706 | | |
| | | 844 | | | |
Alarm.com Holdings Inc.*
|
| | | | 63,882 | | |
| | | 7,571 | | | |
Alight Inc., Class A Shares*
|
| | | | 68,215 | | |
| | | 418 | | | |
Alta Equipment Group Inc.
|
| | | | 4,799 | | |
| | | 700 | | | |
AMN Healthcare Services Inc.*
|
| | | | 39,389 | | |
| | | 30,677 | | | |
API Group Corp.*
|
| | | | 1,075,229 | | |
| | | 147,964 | | | |
Arlo Technologies Inc.*
|
| | | | 1,540,305 | | |
| | | 87 | | | |
Avis Budget Group Inc.
|
| | | | 9,399 | | |
| | | 1,723 | | | |
Bakkt Holdings Inc.*(b)
|
| | | | 999 | | |
| | | 121 | | | |
Barrett Business Services Inc.
|
| | | | 14,761 | | |
| | | 2,269 | | | |
Block Inc., Class A Shares*
|
| | | | 180,317 | | |
| | | 545 | | | |
Booz Allen Hamilton Holding Corp., Class A Shares
|
| | | | 80,502 | | |
| | | 244 | | | |
Bright Horizons Family Solutions Inc.*
|
| | | | 28,026 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| CONSUMER NON-CYCLICAL – (continued) | | ||||||||||||
| Commercial Services – (continued) | | ||||||||||||
| | | 773 | | | |
BrightView Holdings Inc.*
|
| | | $ | 6,733 | | |
| | | 812 | | | |
Brink’s Co.
|
| | | | 67,258 | | |
| | | 988 | | | |
Cadiz Inc.*
|
| | | | 2,865 | | |
| | | 248 | | | |
Carriage Services Inc., Class A Shares
|
| | | | 6,155 | | |
| | | 250 | | | |
Cass Information Systems Inc.
|
| | | | 12,080 | | |
| | | 845 | | | |
CBIZ Inc.*
|
| | | | 63,823 | | |
| | | 2,108 | | | |
Chegg Inc.*
|
| | | | 18,846 | | |
| | | 317 | | | |
Cimpress PLC*
|
| | | | 31,069 | | |
| | | 358 | | | |
Cintas Corp.
|
| | | | 225,042 | | |
| | | 929 | | | |
Cipher Mining Inc.*(b)
|
| | | | 2,750 | | |
| | | 2,018 | | | |
Clarivate PLC*
|
| | | | 14,489 | | |
| | | 69,135 | | | |
Cleanspark Inc.*
|
| | | | 1,155,937 | | |
| | | 2,021 | | | |
CoreCivic Inc.*
|
| | | | 30,780 | | |
| | | 154 | | | |
CorVel Corp.*
|
| | | | 37,576 | | |
| | | 1,690 | | | |
CoStar Group Inc.*
|
| | | | 147,081 | | |
| | | 2,296 | | | |
Coursera Inc.*
|
| | | | 36,897 | | |
| | | 123 | | | |
CRA International Inc.
|
| | | | 16,302 | | |
| | | 617 | | | |
Cross Country Healthcare Inc.*
|
| | | | 11,273 | | |
| | | 1,054 | | | |
Custom Truck One Source Inc.*
|
| | | | 6,767 | | |
| | | 782 | | | |
Deluxe Corp.
|
| | | | 15,179 | | |
| | | 165 | | | |
Distribution Solutions Group Inc.*
|
| | | | 5,183 | | |
| | | 273 | | | |
Driven Brands Holdings Inc.*
|
| | | | 3,765 | | |
| | | 1,174 | | | |
Dun & Bradstreet Holdings Inc.
|
| | | | 12,374 | | |
| | | 422 | | | |
Emerald Holding Inc.*
|
| | | | 2,262 | | |
| | | 464 | | | |
Ennis Inc.
|
| | | | 9,428 | | |
| | | 16,510 | | | |
Equifax Inc.
|
| | | | 4,516,971 | | |
| | | 202 | | | |
Euronet Worldwide Inc.*
|
| | | | 22,107 | | |
| | | 621 | | | |
European Wax Center Inc., Class A Shares*
|
| | | | 8,806 | | |
| | | 1,152 | | | |
EVERTEC Inc.
|
| | | | 41,622 | | |
| | | 984 | | | |
First Advantage Corp.
|
| | | | 15,409 | | |
| | | 301 | | | |
FleetCor Technologies Inc.*
|
| | | | 84,060 | | |
| | | 19,918 | | | |
Flywire Corp.*
|
| | | | 565,472 | | |
| | | 219 | | | |
Forrester Research Inc.*
|
| | | | 4,417 | | |
| | | 212 | | | |
Franklin Covey Co.*
|
| | | | 8,094 | | |
| | | 141 | | | |
FTI Consulting Inc.*
|
| | | | 29,170 | | |
| | | 321 | | | |
Gartner Inc.*
|
| | | | 149,445 | | |
| | | 2,150 | | | |
GEO Group Inc.*
|
| | | | 26,381 | | |
| | | 47,963 | | | |
Global Payments Inc.
|
| | | | 6,220,801 | | |
| | | 63 | | | |
Graham Holdings Co., Class B Shares
|
| | | | 44,247 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| CONSUMER NON-CYCLICAL – (continued) | | ||||||||||||
| Commercial Services – (continued) | | ||||||||||||
| | | 4,610 | | | |
Grand Canyon Education Inc.*
|
| | | $ | 621,428 | | |
| | | 840 | | | |
Green Dot Corp., Class A Shares*
|
| | | | 6,896 | | |
| | | 494 | | | |
GXO Logistics Inc.*
|
| | | | 25,569 | | |
| | | 642 | | | |
H&R Block Inc.
|
| | | | 31,426 | | |
| | | 453 | | | |
Hackett Group Inc.
|
| | | | 11,198 | | |
| | | 1,338 | | | |
Healthcare Services Group Inc.*
|
| | | | 17,073 | | |
| | | 362 | | | |
Heidrick & Struggles International Inc.
|
| | | | 12,308 | | |
| | | 7,453 | | | |
Herc Holdings Inc.
|
| | | | 1,182,642 | | |
| | | 593 | | | |
Hertz Global Holdings Inc.*
|
| | | | 4,655 | | |
| | | 49,252 | | | |
Huron Consulting Group Inc.*
|
| | | | 4,833,099 | | |
| | | 413 | | | |
I3 Verticals Inc., Class A Shares*
|
| | | | 8,801 | | |
| | | 330 | | | |
ICF International Inc.
|
| | | | 51,101 | | |
| | | 616 | | | |
Information Services Group Inc.
|
| | | | 2,667 | | |
| | | 641 | | | |
Insperity Inc.
|
| | | | 65,247 | | |
| | | 656 | | | |
John Wiley & Sons Inc., Class A Shares
|
| | | | 21,878 | | |
| | | 579 | | | |
Kelly Services Inc., Class A Shares
|
| | | | 14,203 | | |
| | | 345 | | | |
Kforce Inc.
|
| | | | 24,026 | | |
| | | 49,569 | | | |
Korn Ferry
|
| | | | 3,155,563 | | |
| | | 2,317 | | | |
Laureate Education Inc., Class A Shares
|
| | | | 31,071 | | |
| | | 2,222 | | | |
Legalzoom.com Inc.*
|
| | | | 27,553 | | |
| | | 433 | | | |
Lincoln Educational Services Corp.*
|
| | | | 4,356 | | |
| | | 1,163 | | | |
LiveRamp Holdings Inc.*
|
| | | | 40,682 | | |
| | | 215 | | | |
ManpowerGroup Inc.
|
| | | | 15,514 | | |
| | | 30,536 | | | |
Marathon Digital Holdings Inc.*
|
| | | | 790,882 | | |
| | | 156 | | | |
MarketAxess Holdings Inc.
|
| | | | 33,292 | | |
| | | 8,630 | | | |
Marqeta Inc., Class A Shares*
|
| | | | 56,354 | | |
| | | 529 | | | |
Matthews International Corp., Class A Shares
|
| | | | 15,309 | | |
| | | 193 | | | |
Medifast Inc.
|
| | | | 7,737 | | |
| | | 37,160 | | | |
Mister Car Wash Inc.*
|
| | | | 308,056 | | |
| | | 559 | | | |
Monro Inc.
|
| | | | 18,766 | | |
| | | 109 | | | |
Morningstar Inc.
|
| | | | 32,546 | | |
| | | 260 | | | |
National Research Corp.
|
| | | | 10,483 | | |
| | | 177 | | | |
Paylocity Holding Corp.*
|
| | | | 29,844 | | |
| | | 4,693 | | | |
Payoneer Global Inc.*
|
| | | | 22,808 | | |
| | | 601 | | | |
Paysafe Ltd.*
|
| | | | 8,654 | | |
| | | 1,196 | | | |
Perdoceo Education Corp.
|
| | | | 21,301 | | |
| | | 86,162 | | | |
Performant Financial Corp.*
|
| | | | 250,731 | | |
| | | 821 | | | |
PROG Holdings Inc.*
|
| | | | 25,344 | | |
| | | 1,384 | | | |
Progyny Inc.*
|
| | | | 50,544 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| CONSUMER NON-CYCLICAL – (continued) | | ||||||||||||
| Commercial Services – (continued) | | ||||||||||||
| | | 554 | | | |
Quad/Graphics Inc.
|
| | | $ | 3,318 | | |
| | | 16,601 | | | |
Quanta Services Inc.
|
| | | | 4,009,308 | | |
| | | 663 | | | |
R1 RCM Inc.*
|
| | | | 9,315 | | |
| | | 763 | | | |
RB Global Inc.
|
| | | | 57,919 | | |
| | | 43,868 | | | |
Remitly Global Inc.*
|
| | | | 904,558 | | |
| | | 1,471 | | | |
Repay Holdings Corp., Class A Shares*
|
| | | | 12,783 | | |
| | | 593 | | | |
Resources Connection Inc.
|
| | | | 8,201 | | |
| | | 3,422 | | | |
Riot Platforms Inc.*
|
| | | | 48,319 | | |
| | | 444 | | | |
Robert Half Inc.
|
| | | | 35,698 | | |
| | | 1,074 | | | |
Rollins Inc.
|
| | | | 47,331 | | |
| | | 5,882 | | | |
Sabre Corp.*
|
| | | | 15,587 | | |
| | | 619 | | | |
Service Corp. International
|
| | | | 45,305 | | |
| | | 234 | | | |
Shift4 Payments Inc., Class A Shares*
|
| | | | 19,239 | | |
| | | 176 | | | |
SoundThinking Inc.*
|
| | | | 3,061 | | |
| | | 353 | | | |
SP Plus Corp.*
|
| | | | 18,148 | | |
| | | 579 | | | |
Sterling Check Corp.*
|
| | | | 9,073 | | |
| | | 5,123 | | | |
StoneCo Ltd., Class A Shares*
|
| | | | 88,167 | | |
| | | 401 | | | |
Strategic Education Inc.
|
| | | | 44,427 | | |
| | | 27,554 | | | |
Stride Inc.*
|
| | | | 1,646,352 | | |
| | | 571 | | | |
Target Hospitality Corp.*
|
| | | | 5,527 | | |
| | | 2,383 | | | |
Terawulf Inc.*
|
| | | | 4,468 | | |
| | | 744 | | | |
Textainer Group Holdings Ltd.
|
| | | | 37,126 | | |
| | | 1,497 | | | |
Toast Inc., Class A Shares*
|
| | | | 34,431 | | |
| | | 133 | | | |
Transcat Inc.*
|
| | | | 13,986 | | |
| | | 810 | | | |
TransUnion
|
| | | | 62,880 | | |
| | | 576 | | | |
TriNet Group Inc.*
|
| | | | 73,734 | | |
| | | 557 | | | |
TrueBlue Inc.*
|
| | | | 6,545 | | |
| | | 1,540 | | | |
Udemy Inc.*
|
| | | | 17,402 | | |
| | | 47 | | | |
U-Haul Holding Co.*
|
| | | | 3,026 | | |
| | | 425 | | | |
U-Haul Holding Co. (Non-Voting)
|
| | | | 27,017 | | |
| | | 279 | | | |
United Rentals Inc.
|
| | | | 193,422 | | |
| | | 593 | | | |
Universal Technical Institute Inc.*
|
| | | | 8,919 | | |
| | | 977 | | | |
Upbound Group Inc.
|
| | | | 32,984 | | |
| | | 209 | | | |
V2X Inc.*
|
| | | | 8,047 | | |
| | | 67,472 | | | |
Valvoline Inc.*
|
| | | | 2,877,006 | | |
| | | 596 | | | |
Verisk Analytics Inc., Class A Shares
|
| | | | 144,172 | | |
| | | 511 | | | |
Vestis Corp.
|
| | | | 9,586 | | |
| | | 370 | | | |
Viad Corp.*
|
| | | | 13,775 | | |
| | | 180 | | | |
WEX Inc.*
|
| | | | 39,551 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| CONSUMER NON-CYCLICAL – (continued) | | ||||||||||||
| Commercial Services – (continued) | | ||||||||||||
| | | 222 | | | |
Willdan Group Inc.*
|
| | | $ | 4,635 | | |
| | | 829 | | | |
WillScot Mobile Mini Holdings Corp.*
|
| | | | 39,585 | | |
| | | 988 | | | |
WW International Inc.*
|
| | | | 3,083 | | |
| | | 1,231 | | | |
ZipRecruiter Inc., Class A Shares*
|
| | | | 15,658 | | |
| | | | | | |
Total Commercial Services
|
| | | | 39,903,431 | | |
| Cosmetics/Personal Care – 0.6% | | ||||||||||||
| | | 1,496 | | | |
Beauty Health Co.*
|
| | | | 4,982 | | |
| | | 1,537 | | | |
Coty Inc., Class A Shares*
|
| | | | 19,305 | | |
| | | 906 | | | |
Edgewell Personal Care Co.
|
| | | | 34,600 | | |
| | | 19,387 | | | |
elf Beauty Inc.*
|
| | | | 4,042,771 | | |
| | | 7,277 | | | |
Inter Parfums Inc.
|
| | | | 1,067,681 | | |
| | | 671 | | | |
Waldencast PLC, Class A Shares*
|
| | | | 4,482 | | |
| | | | | | |
Total Cosmetics/Personal Care
|
| | | | 5,173,821 | | |
| Food – 1.7% | | ||||||||||||
| | | 1,753 | | | |
Albertsons Cos. Inc., Class A Shares
|
| | | | 35,551 | | |
| | | 1,282 | | | |
B&G Foods Inc.
|
| | | | 14,807 | | |
| | | 1,078 | | | |
Beyond Meat Inc.*(b)
|
| | | | 11,524 | | |
| | | 318 | | | |
Calavo Growers Inc.
|
| | | | 9,177 | | |
| | | 756 | | | |
Cal-Maine Foods Inc.
|
| | | | 43,462 | | |
| | | 807 | | | |
Campbell Soup Co.
|
| | | | 34,410 | | |
| | | 634 | | | |
Chefs’ Warehouse Inc.*
|
| | | | 24,098 | | |
| | | 1,997 | | | |
Conagra Brands Inc.
|
| | | | 56,076 | | |
| | | 801 | | | |
Flowers Foods Inc.
|
| | | | 17,958 | | |
| | | 409 | | | |
Grocery Outlet Holding Corp.*
|
| | | | 10,548 | | |
| | | 78,158 | | | |
Hain Celestial Group Inc.*
|
| | | | 781,580 | | |
| | | 745 | | | |
HF Foods Group Inc.*
|
| | | | 2,801 | | |
| | | 1,216 | | | |
Hormel Foods Corp.
|
| | | | 42,949 | | |
| | | 251 | | | |
Ingles Markets Inc., Class A Shares
|
| | | | 19,330 | | |
| | | 25,925 | | | |
Ingredion Inc.
|
| | | | 3,049,558 | | |
| | | 266 | | | |
J & J Snack Foods Corp.
|
| | | | 38,591 | | |
| | | 423 | | | |
JM Smucker Co.
|
| | | | 50,832 | | |
| | | 161 | | | |
John B Sanfilippo & Son Inc.
|
| | | | 16,482 | | |
| | | 1,090 | | | |
Kellanova
|
| | | | 60,114 | | |
| | | 1,561 | | | |
Krispy Kreme Inc.
|
| | | | 20,199 | | |
| | | 2,729 | | | |
Kroger Co.
|
| | | | 135,386 | | |
| | | 610 | | | |
Lamb Weston Holdings Inc.
|
| | | | 62,348 | | |
| | | 9,925 | | | |
Lancaster Colony Corp.
|
| | | | 2,053,681 | | |
| | | 1,052 | | | |
McCormick & Co., Inc.
|
| | | | 72,441 | | |
| | | 888 | | | |
Mission Produce Inc.*
|
| | | | 9,368 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| CONSUMER NON-CYCLICAL – (continued) | | ||||||||||||
| Food – (continued) | | ||||||||||||
| | | 52 | | | |
Nathan’s Famous Inc.
|
| | | $ | 3,653 | | |
| | | 212 | | | |
Natural Grocers by Vitamin Cottage Inc.
|
| | | | 3,513 | | |
| | | 46,551 | | | |
Performance Food Group Co.*
|
| | | | 3,573,720 | | |
| | | 178 | | | |
Pilgrim’s Pride Corp.*
|
| | | | 5,668 | | |
| | | 227 | | | |
Post Holdings Inc.*
|
| | | | 23,644 | | |
| | | 44,125 | | | |
Real Good Food Co., Inc., Class A Shares*
|
| | | | 51,185 | | |
| | | 1 | | | |
Seaboard Corp.
|
| | | | 3,288 | | |
| | | 95 | | | |
Seneca Foods Corp., Class A Shares*
|
| | | | 4,813 | | |
| | | 1,598 | | | |
Simply Good Foods Co.*
|
| | | | 56,697 | | |
| | | 620 | | | |
SpartanNash Co.
|
| | | | 13,063 | | |
| | | 17,053 | | | |
Sprouts Farmers Market Inc.*
|
| | | | 1,064,789 | | |
| | | 1,700 | | | |
SunOpta Inc.*
|
| | | | 11,951 | | |
| | | 73,939 | | | |
TreeHouse Foods Inc.*
|
| | | | 2,646,277 | | |
| | | 1,166 | | | |
Tyson Foods Inc., Class A Shares
|
| | | | 63,244 | | |
| | | 1,051 | | | |
United Natural Foods Inc.*
|
| | | | 16,406 | | |
| | | 954 | | | |
US Foods Holding Corp.*
|
| | | | 48,454 | | |
| | | 1,287 | | | |
Utz Brands Inc.
|
| | | | 22,767 | | |
| | | 161 | | | |
Village Super Market Inc., Class A Shares
|
| | | | 4,403 | | |
| | | 294 | | | |
Weis Markets Inc.
|
| | | | 19,092 | | |
| | | 285 | | | |
WK Kellogg Co.
|
| | | | 4,172 | | |
| | | | | | |
Total Food
|
| | | | 14,314,070 | | |
| Healthcare-Products – 3.7% | | ||||||||||||
| | | 392 | | | |
10X Genomics Inc., Class A Shares*
|
| | | | 18,283 | | |
| | | 1,695 | | | |
Accuray Inc.*
|
| | | | 4,407 | | |
| | | 2,059 | | | |
Adaptive Biotechnologies Corp.*
|
| | | | 8,462 | | |
| | | 1,204 | | | |
Agilent Technologies Inc.
|
| | | | 165,381 | | |
| | | 580 | | | |
Akoya Biosciences Inc.*
|
| | | | 3,329 | | |
| | | 319 | | | |
Align Technology Inc.*
|
| | | | 96,472 | | |
| | | 131,760 | | | |
Alphatec Holdings Inc.*
|
| | | | 1,769,537 | | |
| | | 682 | | | |
AngioDynamics Inc.*
|
| | | | 3,744 | | |
| | | 713 | | | |
Artivion Inc.*
|
| | | | 13,761 | | |
| | | 823 | | | |
AtriCure Inc.*
|
| | | | 28,780 | | |
| | | 25 | | | |
Atrion Corp.
|
| | | | 9,200 | | |
| | | 827 | | | |
Avanos Medical Inc.*
|
| | | | 15,357 | | |
| | | 2,830 | | | |
Avantor Inc.*
|
| | | | 69,731 | | |
| | | 455 | | | |
Avita Medical Inc.*
|
| | | | 8,249 | | |
| | | 744 | | | |
Axogen Inc.*
|
| | | | 7,857 | | |
| | | 864 | | | |
Axonics Inc.*
|
| | | | 58,700 | | |
| | | 275 | | | |
Azenta Inc.*
|
| | | | 17,916 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| CONSUMER NON-CYCLICAL – (continued) | | ||||||||||||
| Healthcare-Products – (continued) | | ||||||||||||
| | | 2,117 | | | |
Baxter International Inc.
|
| | | $ | 86,628 | | |
| | | 637 | | | |
BioLife Solutions Inc.*
|
| | | | 10,765 | | |
| | | 654 | | | |
Bio-Techne Corp.
|
| | | | 48,115 | | |
| | | 449 | | | |
Bruker Corp.
|
| | | | 38,856 | | |
| | | 3,117 | | | |
Butterfly Network Inc.*
|
| | | | 3,709 | | |
| | | 966 | | | |
CareDx Inc.*
|
| | | | 10,278 | | |
| | | 458 | | | |
Castle Biosciences Inc.*
|
| | | | 8,271 | | |
| | | 3,215 | | | |
Cerus Corp.*
|
| | | | 7,009 | | |
| | | 541 | | | |
ClearPoint Neuro Inc.*
|
| | | | 3,457 | | |
| | | 540 | | | |
CONMED Corp.
|
| | | | 43,373 | | |
| | | 816 | | | |
Cooper Cos., Inc.
|
| | | | 76,378 | | |
| | | 205 | | | |
CVRx Inc.*
|
| | | | 4,024 | | |
| | | 892 | | | |
DENTSPLY SIRONA Inc.
|
| | | | 29,151 | | |
| | | 1,036 | | | |
Embecta Corp.
|
| | | | 14,794 | | |
| | | 226 | | | |
Enovis Corp.*
|
| | | | 13,517 | | |
| | | 68,407 | | | |
Envista Holdings Corp.*
|
| | | | 1,412,605 | | |
| | | 750 | | | |
Exact Sciences Corp.*
|
| | | | 43,148 | | |
| | | 14,338 | | | |
Glaukos Corp.*
|
| | | | 1,270,203 | | |
| | | 43,765 | | | |
Globus Medical Inc., Class A Shares*
|
| | | | 2,362,872 | | |
| | | 881 | | | |
Haemonetics Corp.*
|
| | | | 64,295 | | |
| | | 1,018 | | | |
Hologic Inc.*
|
| | | | 75,128 | | |
| | | 88 | | | |
ICU Medical Inc.*
|
| | | | 9,612 | | |
| | | 344 | | | |
IDEXX Laboratories Inc.*
|
| | | | 197,879 | | |
| | | 940 | | | |
Inari Medical Inc.*
|
| | | | 43,353 | | |
| | | 334 | | | |
InfuSystem Holdings Inc.*
|
| | | | 3,090 | | |
| | | 1,366 | | | |
Inmode Ltd.*
|
| | | | 30,052 | | |
| | | 410 | | | |
Inogen Inc.*
|
| | | | 2,727 | | |
| | | 3,206 | | | |
Inspire Medical Systems Inc.*
|
| | | | 574,002 | | |
| | | 291 | | | |
Insulet Corp.*
|
| | | | 47,724 | | |
| | | 8,246 | | | |
Integer Holdings Corp.*
|
| | | | 909,451 | | |
| | | 72,041 | | | |
Integra LifeSciences Holdings Corp.*
|
| | | | 2,659,033 | | |
| | | 137 | | | |
iRadimed Corp.
|
| | | | 5,750 | | |
| | | 540 | | | |
iRhythm Technologies Inc.*
|
| | | | 64,071 | | |
| | | 1,194 | | | |
Lantheus Holdings Inc.*
|
| | | | 78,064 | | |
| | | 11,689 | | | |
LeMaitre Vascular Inc.
|
| | | | 818,230 | | |
| | | 7,280 | | | |
LivaNova PLC*
|
| | | | 399,017 | | |
| | | 184 | | | |
Masimo Corp.*
|
| | | | 23,651 | | |
| | | 1,584 | | | |
MaxCyte Inc.*
|
| | | | 7,286 | | |
| | | 999 | | | |
Merit Medical Systems Inc.*
|
| | | | 76,124 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| CONSUMER NON-CYCLICAL – (continued) | | ||||||||||||
| Healthcare-Products – (continued) | | ||||||||||||
| | | 2,067 | | | |
MiMedx Group Inc.*
|
| | | $ | 16,867 | | |
| | | 21,102 | | | |
Natera Inc.*
|
| | | | 1,825,112 | | |
| | | 885 | | | |
Nautilus Biotechnology Inc., Class A Shares*
|
| | | | 2,381 | | |
| | | 3,829 | | | |
Neogen Corp.*
|
| | | | 65,821 | | |
| | | 640 | | | |
Nevro Corp.*
|
| | | | 9,318 | | |
| | | 462 | | | |
Novocure Ltd.*
|
| | | | 7,073 | | |
| | | 1,705 | | | |
OmniAb Inc.*
|
| | | | 9,957 | | |
| | | 794 | | | |
Omnicell Inc.*
|
| | | | 20,835 | | |
| | | 1,323 | | | |
OraSure Technologies Inc.*
|
| | | | 9,519 | | |
| | | 375 | | | |
Orchestra BioMed Holdings Inc.*
|
| | | | 2,415 | | |
| | | 645 | | | |
Orthofix Medical Inc.*
|
| | | | 8,424 | | |
| | | 289 | | | |
OrthoPediatrics Corp.*
|
| | | | 7,936 | | |
| | | 4,451 | | | |
Pacific Biosciences of California Inc.*
|
| | | | 24,614 | | |
| | | 799 | | | |
Paragon 28 Inc.*
|
| | | | 9,972 | | |
| | | 1,514 | | | |
Patterson Cos Inc.
|
| | | | 41,014 | | |
| | | 153 | | | |
Penumbra Inc.*
|
| | | | 35,943 | | |
| | | 28,105 | | | |
PROCEPT BioRobotics Corp.*
|
| | | | 1,358,596 | | |
| | | 679 | | | |
Pulmonx Corp.*
|
| | | | 6,260 | | |
| | | 284 | | | |
Pulse Biosciences Inc.*(b)
|
| | | | 2,806 | | |
| | | 928 | | | |
QIAGEN NV*
|
| | | | 39,709 | | |
| | | 630 | | | |
Quanterix Corp.*
|
| | | | 15,095 | | |
| | | 1,784 | | | |
Quantum-Si Inc.*
|
| | | | 2,979 | | |
| | | 42,723 | | | |
QuidelOrtho Corp.*
|
| | | | 1,948,169 | | |
| | | 234 | | | |
Repligen Corp.*
|
| | | | 45,394 | | |
| | | 608 | | | |
ResMed Inc.
|
| | | | 105,622 | | |
| | | 52,030 | | | |
Revvity Inc.
|
| | | | 5,701,968 | | |
| | | 30,484 | | | |
RxSight Inc.*
|
| | | | 1,663,512 | | |
| | | 91 | | | |
Sanara Medtech Inc.*
|
| | | | 3,462 | | |
| | | 88 | | | |
Semler Scientific Inc.*
|
| | | | 4,151 | | |
| | | 153 | | | |
Shockwave Medical Inc.*
|
| | | | 39,913 | | |
| | | 626 | | | |
SI-BONE Inc.*
|
| | | | 10,861 | | |
| | | 697 | | | |
Silk Road Medical Inc.*
|
| | | | 12,539 | | |
| | | 859 | | | |
STAAR Surgical Co.*
|
| | | | 26,835 | | |
| | | 415 | | | |
STERIS PLC
|
| | | | 96,658 | | |
| | | 253 | | | |
Surmodics Inc.*
|
| | | | 8,071 | | |
| | | 434 | | | |
Tactile Systems Technology Inc.*
|
| | | | 6,619 | | |
| | | 21,941 | | | |
Tandem Diabetes Care Inc.*
|
| | | | 584,289 | | |
| | | 198 | | | |
Teleflex Inc.
|
| | | | 44,112 | | |
| | | 41,205 | | | |
TransMedics Group Inc.*
|
| | | | 3,362,328 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| CONSUMER NON-CYCLICAL – (continued) | | ||||||||||||
| Healthcare-Products – (continued) | | ||||||||||||
| | | 821 | | | |
Treace Medical Concepts Inc.*
|
| | | $ | 11,034 | | |
| | | 16,580 | | | |
Twist Bioscience Corp.*
|
| | | | 651,428 | | |
| | | 126 | | | |
UFP Technologies Inc.*
|
| | | | 26,247 | | |
| | | 62 | | | |
Utah Medical Products Inc.
|
| | | | 4,351 | | |
| | | 699 | | | |
Varex Imaging Corp.*
|
| | | | 12,023 | | |
| | | 245 | | | |
Waters Corp.*
|
| | | | 82,668 | | |
| | | 309 | | | |
West Pharmaceutical Services Inc.
|
| | | | 110,733 | | |
| | | 879 | | | |
Zimmer Biomet Holdings Inc.
|
| | | | 109,312 | | |
| | | 470 | | | |
Zimvie Inc.*
|
| | | | 7,967 | | |
| | | 346 | | | |
Zynex Inc.*
|
| | | | 4,692 | | |
| | | | | | |
Total Healthcare-Products
|
| | | | 32,082,462 | | |
| Healthcare-Services – 1.8% | | ||||||||||||
| | | 4,795 | | | |
23andMe Holding Co., Class A Shares*
|
| | | | 2,733 | | |
| | | 379 | | | |
Acadia Healthcare Co., Inc.*
|
| | | | 31,628 | | |
| | | 1,222 | | | |
Accolade Inc.*
|
| | | | 12,526 | | |
| | | 278 | | | |
Addus HomeCare Corp.*
|
| | | | 25,654 | | |
| | | 548 | | | |
Agiliti Inc.*
|
| | | | 5,409 | | |
| | | 1,232 | | | |
agilon health Inc.*
|
| | | | 7,552 | | |
| | | 20,151 | | | |
Amedisys Inc.*
|
| | | | 1,874,446 | | |
| | | 4,438 | | | |
American Well Corp., Class A Shares*
|
| | | | 4,793 | | |
| | | 761 | | | |
Astrana Health Inc.*
|
| | | | 34,275 | | |
| | | 870 | | | |
Aveanna Healthcare Holdings Inc.*
|
| | | | 2,062 | | |
| | | 3,359 | | | |
Brookdale Senior Living Inc.*
|
| | | | 19,213 | | |
| | | 47 | | | |
CareMax Inc.*
|
| | | | 361 | | |
| | | 758 | | | |
Catalent Inc.*
|
| | | | 43,464 | | |
| | | 213 | | | |
Charles River Laboratories International Inc.*
|
| | | | 54,142 | | |
| | | 62 | | | |
Chemed Corp.
|
| | | | 38,820 | | |
| | | 2,329 | | | |
Community Health Systems Inc.*
|
| | | | 6,498 | | |
| | | 229 | | | |
DaVita Inc.*
|
| | | | 29,076 | | |
| | | 1,431 | | | |
DocGo Inc.*
|
| | | | 5,824 | | |
| | | 59,968 | | | |
Encompass Health Corp.
|
| | | | 4,461,619 | | |
| | | 913 | | | |
Enhabit Inc.*
|
| | | | 8,217 | | |
| | | 991 | | | |
Ensign Group Inc.
|
| | | | 123,796 | | |
| | | 383 | | | |
Fortrea Holdings Inc.*
|
| | | | 14,378 | | |
| | | 372 | | | |
Fulgent Genetics Inc.*
|
| | | | 8,392 | | |
| | | 6,623 | | | |
Ginkgo Bioworks Holdings Inc.*(b)
|
| | | | 10,067 | | |
| | | 1,527 | | | |
HealthEquity Inc.*
|
| | | | 126,145 | | |
| | | 21,200 | | | |
Humana Inc.
|
| | | | 7,426,784 | | |
| | | 341 | | | |
ICON PLC, ADR*
|
| | | | 109,331 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| CONSUMER NON-CYCLICAL – (continued) | | ||||||||||||
| Healthcare-Services – (continued) | | ||||||||||||
| | | 485 | | | |
Innovage Holding Corp.*
|
| | | $ | 2,347 | | |
| | | 750 | | | |
IQVIA Holdings Inc.*
|
| | | | 185,370 | | |
| | | 339 | | | |
Joint Corp.*
|
| | | | 3,343 | | |
| | | 349 | | | |
Laboratory Corp. of America Holdings
|
| | | | 75,325 | | |
| | | 1,913 | | | |
LifeStance Health Group Inc.*
|
| | | | 15,974 | | |
| | | 99 | | | |
Medpace Holdings Inc.*
|
| | | | 39,354 | | |
| | | 235 | | | |
ModivCare Inc.*
|
| | | | 6,589 | | |
| | | 242 | | | |
Molina Healthcare Inc.*
|
| | | | 95,326 | | |
| | | 891 | | | |
Nano-X Imaging Ltd.*(b)
|
| | | | 9,944 | | |
| | | 224 | | | |
National HealthCare Corp.
|
| | | | 22,100 | | |
| | | 7,298 | | | |
OPKO Health Inc.*(b)
|
| | | | 7,298 | | |
| | | 32,103 | | | |
Oscar Health Inc., Class A Shares*
|
| | | | 521,995 | | |
| | | 1,501 | | | |
Pediatrix Medical Group Inc.*
|
| | | | 13,734 | | |
| | | 533 | | | |
Pennant Group Inc.*
|
| | | | 9,940 | | |
| | | 470 | | | |
Quest Diagnostics Inc.
|
| | | | 58,698 | | |
| | | 739 | | | |
Quipt Home Medical Corp.*
|
| | | | 3,170 | | |
| | | 1,054 | | | |
RadNet Inc.*
|
| | | | 39,904 | | |
| | | 1,832 | | | |
Select Medical Holdings Corp.
|
| | | | 49,885 | | |
| | | 438 | | | |
Sotera Health Co.*
|
| | | | 6,574 | | |
| | | 1,389 | | | |
Surgery Partners Inc.*
|
| | | | 43,101 | | |
| | | 700 | | | |
Teladoc Health Inc.*
|
| | | | 10,556 | | |
| | | 426 | | | |
Tenet Healthcare Corp.*
|
| | | | 39,618 | | |
| | | 256 | | | |
Universal Health Services Inc., Class B Shares
|
| | | | 42,767 | | |
| | | 260 | | | |
US Physical Therapy Inc.
|
| | | | 27,630 | | |
| | | 622 | | | |
Viemed Healthcare Inc.*
|
| | | | 5,262 | | |
| | | | | | |
Total Healthcare-Services
|
| | | | 15,823,009 | | |
| Household Products/Wares – 0.1% | | ||||||||||||
| | | 1,686 | | | |
ACCO Brands Corp.
|
| | | | 9,408 | | |
| | | 339 | | | |
Avery Dennison Corp.
|
| | | | 73,404 | | |
| | | 180 | | | |
Central Garden & Pet Co.
|
| | | | 7,897 | | |
| | | 917 | | | |
Central Garden & Pet Co., Class A Shares
|
| | | | 34,562 | | |
| | | 1,022 | | | |
Church & Dwight Co., Inc.
|
| | | | 102,323 | | |
| | | 518 | | | |
Clorox Co.
|
| | | | 79,415 | | |
| | | 424 | | | |
Helen of Troy Ltd.*
|
| | | | 53,000 | | |
| | | 591 | | | |
Quanex Building Products Corp.
|
| | | | 20,437 | | |
| | | 242 | | | |
Reynolds Consumer Products Inc.
|
| | | | 7,139 | | |
| | | 172 | | | |
Spectrum Brands Holdings Inc.
|
| | | | 13,832 | | |
| | | 239 | | | |
WD-40 Co.
|
| | | | 64,145 | | |
| | | | | | |
Total Household Products/Wares
|
| | | | 465,562 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| CONSUMER NON-CYCLICAL – (continued) | | ||||||||||||
| Pharmaceuticals – 2.6% | | ||||||||||||
| | | 619 | | | |
ACELYRIN Inc.*
|
| | | $ | 5,231 | | |
| | | 1,273 | | | |
Aclaris Therapeutics Inc.*
|
| | | | 1,515 | | |
| | | 1,715 | | | |
AdaptHealth Corp., Class A Shares*
|
| | | | 17,544 | | |
| | | 986 | | | |
Agios Pharmaceuticals Inc.*
|
| | | | 31,868 | | |
| | | 1,171 | | | |
Alector Inc.*
|
| | | | 8,162 | | |
| | | 2,912 | | | |
Alkermes PLC*
|
| | | | 86,457 | | |
| | | 2,220 | | | |
Amneal Pharmaceuticals Inc.*
|
| | | | 12,254 | | |
| | | 672 | | | |
Amphastar Pharmaceuticals Inc.*
|
| | | | 31,295 | | |
| | | 908 | | | |
Amylyx Pharmaceuticals Inc.*
|
| | | | 17,116 | | |
| | | 265 | | | |
Anika Therapeutics Inc.*
|
| | | | 6,434 | | |
| | | 878 | | | |
Arvinas Inc.*
|
| | | | 40,370 | | |
| | | 1,620 | | | |
Assertio Holdings Inc.*
|
| | | | 1,432 | | |
| | | 31,020 | | | |
Avadel Pharmaceuticals PLC, ADR*
|
| | | | 396,436 | | |
| | | 46,129 | | | |
BellRing Brands Inc.*
|
| | | | 2,627,047 | | |
| | | 1,016 | | | |
Cardinal Health Inc.
|
| | | | 113,772 | | |
| | | 1,787 | | | |
Catalyst Pharmaceuticals Inc.*
|
| | | | 28,646 | | |
| | | 676 | | | |
Cencora Inc.
|
| | | | 159,266 | | |
| | | 35,539 | | | |
Centessa Pharmaceuticals PLC, ADR*
|
| | | | 373,515 | | |
| | | 3,379 | | | |
Citius Pharmaceuticals Inc.*
|
| | | | 2,596 | | |
| | | 1,851 | | | |
Coherus Biosciences Inc.*
|
| | | | 4,220 | | |
| | | 623 | | | |
Collegium Pharmaceutical Inc.*
|
| | | | 22,870 | | |
| | | 1,416 | | | |
Corcept Therapeutics Inc.*
|
| | | | 33,276 | | |
| | | 959 | | | |
CorMedix Inc.*
|
| | | | 3,395 | | |
| | | 1,616 | | | |
DexCom Inc.*
|
| | | | 185,953 | | |
| | | 236 | | | |
Eagle Pharmaceuticals Inc.*
|
| | | | 1,383 | | |
| | | 2,077 | | | |
Elanco Animal Health Inc.*
|
| | | | 33,004 | | |
| | | 365 | | | |
Enanta Pharmaceuticals Inc.*
|
| | | | 5,245 | | |
| | | 436 | | | |
Enliven Therapeutics Inc.*
|
| | | | 6,963 | | |
| | | 411 | | | |
Fennec Pharmaceuticals Inc.*
|
| | | | 3,892 | | |
| | | 484 | | | |
Foghorn Therapeutics Inc.*
|
| | | | 3,741 | | |
| | | 1,615 | | | |
Gritstone bio Inc.*
|
| | | | 4,522 | | |
| | | 588 | | | |
Harmony Biosciences Holdings Inc.*
|
| | | | 18,875 | | |
| | | 540 | | | |
Harrow Inc.*
|
| | | | 5,846 | | |
| | | 548 | | | |
Henry Schein Inc.*
|
| | | | 41,906 | | |
| | | 1,755 | | | |
Herbalife Ltd.*
|
| | | | 15,497 | | |
| | | 2,333 | | | |
Heron Therapeutics Inc.*
|
| | | | 6,206 | | |
| | | 414 | | | |
Immuneering Corp., Class A Shares*
|
| | | | 2,567 | | |
| | | 49,523 | | | |
Ironwood Pharmaceuticals Inc., Class A Shares*
|
| | | | 467,002 | | |
| | | 257 | | | |
Jazz Pharmaceuticals PLC*
|
| | | | 30,557 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| CONSUMER NON-CYCLICAL – (continued) | | ||||||||||||
| Pharmaceuticals – (continued) | | ||||||||||||
| | | 35,589 | | | |
KalVista Pharmaceuticals Inc.*
|
| | | $ | 485,790 | | |
| | | 1,278 | | | |
Kura Oncology Inc.*
|
| | | | 26,940 | | |
| | | 12,995 | | | |
Longboard Pharmaceuticals Inc.*
|
| | | | 288,229 | | |
| | | 3,150 | | | |
Lyell Immunopharma Inc.*
|
| | | | 9,198 | | |
| | | 266 | | | |
Madrigal Pharmaceuticals Inc.*
|
| | | | 62,829 | | |
| | | 4,582 | | | |
MannKind Corp.*
|
| | | | 18,832 | | |
| | | 937 | | | |
Marinus Pharmaceuticals Inc.*
|
| | | | 8,902 | | |
| | | 59,765 | | | |
Merus NV*
|
| | | | 2,897,407 | | |
| | | 445 | | | |
Mirum Pharmaceuticals Inc.*
|
| | | | 12,776 | | |
| | | 621 | | | |
Morphic Holding Inc.*
|
| | | | 22,946 | | |
| | | 241 | | | |
Nature’s Sunshine Products Inc.*
|
| | | | 4,278 | | |
| | | 406 | | | |
Neurocrine Biosciences Inc.*
|
| | | | 52,942 | | |
| | | 1,419 | | | |
Ocular Therapeutix Inc.*
|
| | | | 14,275 | | |
| | | 1,819 | | | |
Optinose Inc.*
|
| | | | 3,238 | | |
| | | 2,984 | | | |
Option Care Health Inc.*
|
| | | | 96,294 | | |
| | | 1,087 | | | |
Organon & Co.
|
| | | | 18,925 | | |
| | | 712 | | | |
ORIC Pharmaceuticals Inc.*
|
| | | | 9,071 | | |
| | | 1,321 | | | |
Owens & Minor Inc.*
|
| | | | 32,140 | | |
| | | 809 | | | |
Pacira BioSciences Inc.*
|
| | | | 24,043 | | |
| | | 574 | | | |
Perrigo Co. PLC
|
| | | | 15,073 | | |
| | | 29,379 | | | |
PetIQ Inc., Class A Shares*
|
| | | | 534,992 | | |
| | | 371 | | | |
Phibro Animal Health Corp., Class A Shares
|
| | | | 4,797 | | |
| | | 702 | | | |
PMV Pharmaceuticals Inc.*
|
| | | | 1,299 | | |
| | | 512 | | | |
Premier Inc., Class A Shares
|
| | | | 10,680 | | |
| | | 75,741 | | | |
Prestige Consumer Healthcare Inc.*
|
| | | | 5,270,059 | | |
| | | 23,513 | | | |
Protagonist Therapeutics Inc.*
|
| | | | 714,325 | | |
| | | 1,492 | | | |
Revance Therapeutics Inc.*
|
| | | | 10,653 | | |
| | | 47,669 | | | |
Rhythm Pharmaceuticals Inc.*
|
| | | | 2,069,788 | | |
| | | 530 | | | |
scPharmaceuticals Inc.*
|
| | | | 3,191 | | |
| | | 1,780 | | | |
Seres Therapeutics Inc.*
|
| | | | 2,029 | | |
| | | 837 | | | |
SIGA Technologies Inc.
|
| | | | 4,361 | | |
| | | 2,119 | | | |
Summit Therapeutics Inc.*(b)
|
| | | | 9,620 | | |
| | | 873 | | | |
Supernus Pharmaceuticals Inc.*
|
| | | | 25,928 | | |
| | | 148 | | | |
Taro Pharmaceutical Industries Ltd.*
|
| | | | 6,226 | | |
| | | 1,072 | | | |
Trevi Therapeutics Inc.*
|
| | | | 3,130 | | |
| | | 205 | | | |
USANA Health Sciences Inc.*
|
| | | | 9,893 | | |
| | | 1,028 | | | |
Vanda Pharmaceuticals Inc.*
|
| | | | 4,595 | | |
| | | 60,997 | | | |
Vaxcyte Inc.*
|
| | | | 4,502,799 | | |
| | | 536 | | | |
Verrica Pharmaceuticals Inc.*
|
| | | | 2,825 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| CONSUMER NON-CYCLICAL – (continued) | | ||||||||||||
| Pharmaceuticals – (continued) | | ||||||||||||
| | | 5,023 | | | |
Viatris Inc.
|
| | | $ | 62,135 | | |
| | | 579 | | | |
Voyager Therapeutics Inc.*
|
| | | | 4,817 | | |
| | | 2,427 | | | |
Xeris Biopharma Holdings Inc.*
|
| | | | 7,463 | | |
| | | 675 | | | |
Y-mAbs Therapeutics Inc.*
|
| | | | 11,273 | | |
| | | | | | |
Total Pharmaceuticals
|
| | | | 22,238,882 | | |
| | | | | | |
TOTAL CONSUMER NON-CYCLICAL
|
| | | | 172,405,448 | | |
| ENERGY – 4.0% | | ||||||||||||
| Coal – 0.0% | | ||||||||||||
| | | 208 | | | |
Alpha Metallurgical Resources Inc.
|
| | | | 78,468 | | |
| | | 322 | | | |
Arch Resources Inc.
|
| | | | 53,223 | | |
| | | 550 | | | |
CONSOL Energy Inc.
|
| | | | 47,201 | | |
| | | 427 | | | |
Hallador Energy Co.*
|
| | | | 3,245 | | |
| | | 74 | | | |
NACCO Industries Inc., Class A Shares
|
| | | | 2,459 | | |
| | | 2,060 | | | |
Peabody Energy Corp.
|
| | | | 51,026 | | |
| | | 411 | | | |
Ramaco Resources Inc., Class A Shares
|
| | | | 7,225 | | |
| | | 1,500 | | | |
SunCoke Energy Inc.
|
| | | | 16,065 | | |
| | | 912 | | | |
Warrior Met Coal Inc.
|
| | | | 51,957 | | |
| | | | | | |
Total Coal
|
| | | | 310,869 | | |
| Energy-Alternate Sources – 0.0% | | ||||||||||||
| | | 2,665 | | | |
Array Technologies Inc.*
|
| | | | 36,351 | | |
| | | 1,790 | | | |
Energy Vault Holdings Inc.*
|
| | | | 3,007 | | |
| | | 558 | | | |
Enphase Energy Inc.*
|
| | | | 70,872 | | |
| | | 570 | | | |
Enviva Inc.
|
| | | | 228 | | |
| | | 1,957 | | | |
Eos Energy Enterprises Inc.*
|
| | | | 1,863 | | |
| | | 446 | | | |
First Solar Inc.*
|
| | | | 68,635 | | |
| | | 1,014 | | | |
Fluence Energy Inc., Class A Shares*
|
| | | | 15,504 | | |
| | | 7,479 | | | |
FuelCell Energy Inc.*
|
| | | | 8,900 | | |
| | | 480 | | | |
FutureFuel Corp.
|
| | | | 2,846 | | |
| | | 4,241 | | | |
Gevo Inc.*
|
| | | | 3,781 | | |
| | | 1,030 | | | |
Green Plains Inc.*
|
| | | | 21,939 | | |
| | | 550 | | | |
Maxeon Solar Technologies Ltd.*
|
| | | | 2,206 | | |
| | | 1,207 | | | |
Montauk Renewables Inc.*
|
| | | | 6,856 | | |
| | | 2,247 | | | |
Plug Power Inc.*(b)
|
| | | | 7,932 | | |
| | | 281 | | | |
REX American Resources Corp.*
|
| | | | 12,358 | | |
| | | 3,019 | | | |
Shoals Technologies Group Inc., Class A Shares*
|
| | | | 38,734 | | |
| | | 2,589 | | | |
Stem Inc.*(b)
|
| | | | 6,939 | | |
| | | 1,805 | | | |
Sunnova Energy International Inc.*(b)
|
| | | | 13,140 | | |
| | | 1,595 | | | |
SunPower Corp., Class A Shares*(b)
|
| | | | 4,960 | | |
| | | 914 | | | |
Sunrun Inc.*
|
| | | | 11,005 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| ENERGY – (continued) | | ||||||||||||
| Energy-Alternate Sources – (continued) | | ||||||||||||
| | | 941 | | | |
TPI Composites Inc.*
|
| | | $ | 2,625 | | |
| | | | | | |
Total Energy-Alternate Sources
|
| | | | 340,681 | | |
| Oil & Gas – 3.2% | | ||||||||||||
| | | 658 | | | |
Amplify Energy Corp.*
|
| | | | 3,974 | | |
| | | 1,194 | | | |
Antero Resources Corp.*
|
| | | | 30,686 | | |
| | | 1,303 | | | |
APA Corp.
|
| | | | 38,816 | | |
| | | 1,383 | | | |
Berry Corp.
|
| | | | 9,750 | | |
| | | 3,898 | | | |
Borr Drilling Ltd.*
|
| | | | 23,466 | | |
| | | 1,262 | | | |
California Resources Corp.
|
| | | | 65,839 | | |
| | | 1,081 | | | |
Callon Petroleum Co.*
|
| | | | 33,684 | | |
| | | 74,433 | | | |
Chesapeake Energy Corp.
|
| | | | 6,161,564 | | |
| | | 760 | | | |
Chord Energy Corp.
|
| | | | 123,462 | | |
| | | 54,720 | | | |
Civitas Resources Inc.
|
| | | | 3,758,170 | | |
| | | 2,800 | | | |
CNX Resources Corp.*
|
| | | | 58,660 | | |
| | | 1,643 | | | |
Comstock Resources Inc.
|
| | | | 14,048 | | |
| | | 3,126 | | | |
Coterra Energy Inc.
|
| | | | 80,588 | | |
| | | 1,386 | | | |
Crescent Energy Co., Class A Shares
|
| | | | 15,495 | | |
| | | 530 | | | |
CVR Energy Inc.
|
| | | | 17,585 | | |
| | | 1,154 | | | |
Delek US Holdings Inc.
|
| | | | 29,439 | | |
| | | 2,680 | | | |
Devon Energy Corp.
|
| | | | 118,081 | | |
| | | 1,806 | | | |
Diamond Offshore Drilling Inc.*
|
| | | | 20,029 | | |
| | | 16,235 | | | |
Diamondback Energy Inc.
|
| | | | 2,963,212 | | |
| | | 322 | | | |
Empire Petroleum Corp.*
|
| | | | 1,909 | | |
| | | 1,512 | | | |
EQT Corp.
|
| | | | 56,171 | | |
| | | 568 | | | |
Evolution Petroleum Corp.
|
| | | | 3,328 | | |
| | | 591 | | | |
Granite Ridge Resources Inc.
|
| | | | 3,635 | | |
| | | 195 | | | |
Gulfport Energy Corp.*
|
| | | | 27,688 | | |
| | | 1,711 | | | |
Helmerich & Payne Inc.
|
| | | | 65,685 | | |
| | | 1,161 | | | |
Hess Corp.
|
| | | | 169,216 | | |
| | | 595 | | | |
HF Sinclair Corp.
|
| | | | 33,022 | | |
| | | 221 | | | |
HighPeak Energy Inc.(b)
|
| | | | 3,662 | | |
| | | 8,029 | | | |
Kosmos Energy Ltd.*
|
| | | | 49,298 | | |
| | | 3,222 | | | |
Magnolia Oil & Gas Corp., Class A Shares
|
| | | | 73,075 | | |
| | | 2,494 | | | |
Marathon Oil Corp.
|
| | | | 60,480 | | |
| | | 17,436 | | | |
Matador Resources Co.
|
| | | | 1,101,083 | | |
| | | 2,707 | | | |
Murphy Oil Corp.
|
| | | | 107,387 | | |
| | | 163 | | | |
Nabors Industries Ltd.*
|
| | | | 12,774 | | |
| | | 2,047 | | | |
Noble Corp. PLC
|
| | | | 85,585 | | |
| | | 1,584 | | | |
Northern Oil & Gas Inc.
|
| | | | 56,596 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| ENERGY – (continued) | | ||||||||||||
| Oil & Gas – (continued) | | ||||||||||||
| | | 104,178 | | | |
Ovintiv Inc.
|
| | | $ | 5,147,435 | | |
| | | 977 | | | |
Par Pacific Holdings Inc.*
|
| | | | 35,289 | | |
| | | 6,209 | | | |
Patterson-UTI Energy Inc.
|
| | | | 71,838 | | |
| | | 1,997 | | | |
PBF Energy Inc., Class A Shares
|
| | | | 93,260 | | |
| | | 295,824 | | | |
Permian Resources Corp., Class A Shares
|
| | | | 4,603,021 | | |
| | | 1,835 | | | |
Phillips 66
|
| | | | 261,506 | | |
| | | 988 | | | |
Range Resources Corp.
|
| | | | 31,241 | | |
| | | 160 | | | |
Riley Exploration Permian Inc.
|
| | | | 3,784 | | |
| | | 2,186 | | | |
Ring Energy Inc.*
|
| | | | 3,126 | | |
| | | 583 | | | |
SandRidge Energy Inc.
|
| | | | 7,602 | | |
| | | 892 | | | |
Seadrill Ltd.*
|
| | | | 37,642 | | |
| | | 320 | | | |
SilverBow Resources Inc.*
|
| | | | 9,085 | | |
| | | 1,427 | | | |
Sitio Royalties Corp., Class A Shares
|
| | | | 32,564 | | |
| | | 2,108 | | | |
SM Energy Co.
|
| | | | 92,267 | | |
| | | 4,633 | | | |
Southwestern Energy Co.*
|
| | | | 32,292 | | |
| | | 2,433 | | | |
Talos Energy Inc.*
|
| | | | 32,091 | | |
| | | 9,681 | | | |
Tellurian Inc.*
|
| | | | 7,686 | | |
| | | 24 | | | |
Texas Pacific Land Corp.
|
| | | | 37,810 | | |
| | | 1,976 | | | |
VAALCO Energy Inc.
|
| | | | 8,813 | | |
| | | 1,078 | | | |
Valaris Ltd.*
|
| | | | 67,968 | | |
| | | 1,183 | | | |
Vertex Energy Inc.*(b)
|
| | | | 1,597 | | |
| | | 420 | | | |
Vital Energy Inc.*
|
| | | | 21,139 | | |
| | | 455 | | | |
Vitesse Energy Inc.
|
| | | | 10,342 | | |
| | | 1,811 | | | |
W&T Offshore Inc.
|
| | | | 5,469 | | |
| | | 10,477 | | | |
Weatherford International PLC*
|
| | | | 1,075,045 | | |
| | | | | | |
Total Oil & Gas
|
| | | | 27,207,054 | | |
| Oil & Gas Services – 0.7% | | ||||||||||||
| | | 2,461 | | | |
Archrock Inc.
|
| | | | 44,962 | | |
| | | 540 | | | |
Aris Water Solutions Inc., Class A Shares
|
| | | | 6,502 | | |
| | | 292 | | | |
Atlas Energy Solutions Inc., Class A Shares
|
| | | | 5,507 | | |
| | | 4,234 | | | |
Baker Hughes Co., Class A Shares
|
| | | | 125,284 | | |
| | | 427 | | | |
Bristow Group Inc.*
|
| | | | 11,508 | | |
| | | 95,532 | | | |
ChampionX Corp.
|
| | | | 2,967,224 | | |
| | | 836 | | | |
Core Laboratories Inc.
|
| | | | 12,515 | | |
| | | 357 | | | |
DMC Global Inc.*
|
| | | | 5,955 | | |
| | | 1,895 | | | |
DNOW Inc.*
|
| | | | 26,814 | | |
| | | 609 | | | |
Dril-Quip Inc.*
|
| | | | 13,763 | | |
| | | 1,559 | | | |
Expro Group Holdings NV*
|
| | | | 27,891 | | |
| | | 176 | | | |
Forum Energy Technologies Inc.*
|
| | | | 3,522 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| ENERGY – (continued) | | ||||||||||||
| Oil & Gas Services – (continued) | | ||||||||||||
| | | 3,754 | | | |
Halliburton Co.
|
| | | $ | 131,653 | | |
| | | 2,551 | | | |
Helix Energy Solutions Group Inc.*
|
| | | | 22,959 | | |
| | | 317 | | | |
KLX Energy Services Holdings Inc.*
|
| | | | 2,574 | | |
| | | 278 | | | |
Kodiak Gas Services Inc.
|
| | | | 7,089 | | |
| | | 2,924 | | | |
Liberty Energy Inc., Class A Shares
|
| | | | 62,515 | | |
| | | 1,365 | | | |
Newpark Resources Inc.*
|
| | | | 8,777 | | |
| | | 1,653 | | | |
NOV Inc.
|
| | | | 27,936 | | |
| | | 1,772 | | | |
Oceaneering International Inc.*
|
| | | | 35,015 | | |
| | | 1,150 | | | |
Oil States International Inc.*
|
| | | | 6,199 | | |
| | | 471 | | | |
ProFrac Holding Corp., Class A Shares*
|
| | | | 3,853 | | |
| | | 1,762 | | | |
ProPetro Holding Corp.*
|
| | | | 13,039 | | |
| | | 272 | | | |
Ranger Energy Services Inc., Class A Shares
|
| | | | 2,853 | | |
| | | 1,532 | | | |
RPC Inc.
|
| | | | 11,321 | | |
| | | 450 | | | |
SEACOR Marine Holdings Inc.*
|
| | | | 4,725 | | |
| | | 1,470 | | | |
Select Water Solutions Inc., Class A Shares
|
| | | | 12,554 | | |
| | | 576 | | | |
Solaris Oilfield Infrastructure Inc., Class A Shares
|
| | | | 4,879 | | |
| | | 64,794 | | | |
TechnipFMC PLC
|
| | | | 1,405,382 | | |
| | | 2,254 | | | |
TETRA Technologies Inc.*
|
| | | | 8,791 | | |
| | | 13,982 | | | |
Tidewater Inc.*
|
| | | | 979,159 | | |
| | | 1,346 | | | |
US Silica Holdings Inc.*
|
| | | | 15,479 | | |
| | | | | | |
Total Oil & Gas Services
|
| | | | 6,018,199 | | |
| Pipelines – 0.1% | | ||||||||||||
| | | 1,446 | | | |
Antero Midstream Corp.
|
| | | | 19,376 | | |
| | | 988 | | | |
Cheniere Energy Inc.
|
| | | | 153,338 | | |
| | | 412 | | | |
DT Midstream Inc.
|
| | | | 23,744 | | |
| | | 7,676 | | | |
Equitrans Midstream Corp.
|
| | | | 82,056 | | |
| | | 327 | | | |
Excelerate Energy Inc., Class A Shares
|
| | | | 5,134 | | |
| | | 1,787 | | | |
Golar LNG Ltd.
|
| | | | 36,258 | | |
| | | 312 | | | |
Kinetik Holdings Inc., Class A Shares
|
| | | | 11,020 | | |
| | | 282 | | | |
New Fortress Energy Inc., Class A Shares
|
| | | | 9,912 | | |
| | | 1,583 | | | |
NextDecade Corp.*
|
| | | | 7,266 | | |
| | | 2,398 | | | |
ONEOK Inc.
|
| | | | 180,138 | | |
| | | 936 | | | |
Targa Resources Corp.
|
| | | | 91,953 | | |
| | | 5,088 | | | |
Williams Cos., Inc.
|
| | | | 182,863 | | |
| | | | | | |
Total Pipelines
|
| | | | 803,058 | | |
| | | | | | |
TOTAL ENERGY
|
| | | | 34,679,861 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| FINANCIAL – 19.2% | | ||||||||||||
| Banks – 6.2% | | ||||||||||||
| | | 301 | | | |
1st Source Corp.
|
| | | $ | 14,984 | | |
| | | 151 | | | |
ACNB Corp.
|
| | | | 5,321 | | |
| | | 340 | | | |
Alerus Financial Corp.
|
| | | | 7,415 | | |
| | | 319 | | | |
Amalgamated Financial Corp.
|
| | | | 7,363 | | |
| | | 473 | | | |
Amerant Bancorp Inc., Class A Shares
|
| | | | 10,023 | | |
| | | 190 | | | |
American National Bankshares Inc.
|
| | | | 8,573 | | |
| | | 1,167 | | | |
Ameris Bancorp
|
| | | | 54,067 | | |
| | | 151 | | | |
Ames National Corp.
|
| | | | 2,864 | | |
| | | 268 | | | |
Arrow Financial Corp.
|
| | | | 6,427 | | |
| | | 2,669 | | | |
Associated Banc-Corp.
|
| | | | 55,622 | | |
| | | 1,326 | | | |
Atlantic Union Bankshares Corp.
|
| | | | 44,103 | | |
| | | 390 | | | |
BancFirst Corp.
|
| | | | 34,219 | | |
| | | 28,220 | | | |
Bancorp Inc.*
|
| | | | 1,259,741 | | |
| | | 168 | | | |
Bank First Corp.
|
| | | | 14,532 | | |
| | | 693 | | | |
Bank of Hawaii Corp.
|
| | | | 41,774 | | |
| | | 285 | | | |
Bank of Marin Bancorp
|
| | | | 4,734 | | |
| | | 3,174 | | | |
Bank of New York Mellon Corp.
|
| | | | 178,030 | | |
| | | 890 | | | |
Bank of NT Butterfield & Son Ltd.
|
| | | | 26,602 | | |
| | | 461 | | | |
Bank OZK
|
| | | | 20,192 | | |
| | | 101 | | | |
Bank7 Corp.
|
| | | | 2,829 | | |
| | | 1,318 | | | |
BankUnited Inc.
|
| | | | 35,349 | | |
| | | 135 | | | |
Bankwell Financial Group Inc.
|
| | | | 3,438 | | |
| | | 608 | | | |
Banner Corp.
|
| | | | 26,655 | | |
| | | 277 | | | |
Bar Harbor Bankshares
|
| | | | 6,986 | | |
| | | 214 | | | |
BayCom Corp.
|
| | | | 4,284 | | |
| | | 279 | | | |
BCB Bancorp Inc.
|
| | | | 2,927 | | |
| | | 433 | | | |
Blue Foundry Bancorp*
|
| | | | 4,079 | | |
| | | 123 | | | |
BOK Financial Corp.
|
| | | | 10,456 | | |
| | | 375 | | | |
Bridgewater Bancshares Inc.*
|
| | | | 4,444 | | |
| | | 116 | | | |
Burke & Herbert Financial Services Corp.
|
| | | | 6,343 | | |
| | | 440 | | | |
Business First Bancshares Inc.
|
| | | | 9,878 | | |
| | | 453 | | | |
Byline Bancorp Inc.
|
| | | | 9,441 | | |
| | | 60 | | | |
C&F Financial Corp.
|
| | | | 3,206 | | |
| | | 3,204 | | | |
Cadence Bank
|
| | | | 88,687 | | |
| | | 139 | | | |
Cambridge Bancorp
|
| | | | 8,793 | | |
| | | 263 | | | |
Camden National Corp.
|
| | | | 8,358 | | |
| | | 178 | | | |
Capital Bancorp Inc.
|
| | | | 3,665 | | |
| | | 244 | | | |
Capital City Bank Group Inc.
|
| | | | 6,917 | | |
| | | 350 | | | |
Capstar Financial Holdings Inc.
|
| | | | 6,563 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| FINANCIAL – (continued) | | ||||||||||||
| Banks – (continued) | | ||||||||||||
| | | 427 | | | |
Carter Bankshares Inc.*
|
| | | $ | 5,636 | | |
| | | 1,226 | | | |
Cathay General Bancorp
|
| | | | 47,875 | | |
| | | 488 | | | |
Central Pacific Financial Corp.
|
| | | | 9,106 | | |
| | | 176 | | | |
Central Valley Community Bancorp
|
| | | | 3,289 | | |
| | | 62 | | | |
Chemung Financial Corp.
|
| | | | 2,641 | | |
| | | 155 | | | |
ChoiceOne Financial Services Inc.
|
| | | | 4,125 | | |
| | | 271 | | | |
Citizens & Northern Corp.
|
| | | | 4,976 | | |
| | | 1,988 | | | |
Citizens Financial Group Inc.
|
| | | | 62,403 | | |
| | | 70 | | | |
Citizens Financial Services Inc.
|
| | | | 3,273 | | |
| | | 16,659 | | | |
City Holding Co.
|
| | | | 1,673,896 | | |
| | | 281 | | | |
Civista Bancshares Inc.
|
| | | | 4,221 | | |
| | | 384 | | | |
CNB Financial Corp.
|
| | | | 7,676 | | |
| | | 198 | | | |
Coastal Financial Corp.*
|
| | | | 7,601 | | |
| | | 172 | | | |
Codorus Valley Bancorp Inc.
|
| | | | 3,959 | | |
| | | 305 | | | |
Colony Bankcorp Inc.
|
| | | | 3,459 | | |
| | | 172,674 | | | |
Columbia Banking System Inc.
|
| | | | 3,125,399 | | |
| | | 558 | | | |
Comerica Inc.
|
| | | | 27,554 | | |
| | | 508 | | | |
Commerce Bancshares Inc.
|
| | | | 26,436 | | |
| | | 940 | | | |
Community Bank System Inc.
|
| | | | 42,582 | | |
| | | 283 | | | |
Community Trust Bancorp Inc.
|
| | | | 11,252 | | |
| | | 670 | | | |
ConnectOne Bancorp Inc.
|
| | | | 13,259 | | |
| | | 818 | | | |
CrossFirst Bankshares Inc.*
|
| | | | 10,528 | | |
| | | 251 | | | |
Cullen/Frost Bankers Inc.
|
| | | | 27,236 | | |
| | | 35,913 | | | |
Customers Bancorp Inc.*
|
| | | | 1,950,435 | | |
| | | 2,350 | | | |
CVB Financial Corp.
|
| | | | 39,997 | | |
| | | 631 | | | |
Dime Community Bancshares Inc.
|
| | | | 11,825 | | |
| | | 533 | | | |
Eagle Bancorp Inc.
|
| | | | 12,696 | | |
| | | 593 | | | |
East West Bancorp Inc.
|
| | | | 43,206 | | |
| | | 2,740 | | | |
Eastern Bankshares Inc.
|
| | | | 35,401 | | |
| | | 174 | | | |
Enterprise Bancorp Inc.
|
| | | | 4,715 | | |
| | | 645 | | | |
Enterprise Financial Services Corp.
|
| | | | 25,748 | | |
| | | 272 | | | |
Equity Bancshares Inc., Class A Shares
|
| | | | 8,658 | | |
| | | 129 | | | |
Esquire Financial Holdings Inc.
|
| | | | 6,551 | | |
| | | 92 | | | |
Evans Bancorp Inc.
|
| | | | 2,732 | | |
| | | 232 | | | |
Farmers & Merchants Bancorp Inc.
|
| | | | 4,686 | | |
| | | 670 | | | |
Farmers National Banc Corp.
|
| | | | 9,032 | | |
| | | 634 | | | |
FB Financial Corp.
|
| | | | 22,596 | | |
| | | 85 | | | |
Fidelity D&D Bancorp Inc.
|
| | | | 4,245 | | |
| | | 2,845 | | | |
Fifth Third Bancorp
|
| | | | 97,697 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| FINANCIAL – (continued) | | ||||||||||||
| Banks – (continued) | | ||||||||||||
| | | 276 | | | |
Financial Institutions Inc.
|
| | | $ | 5,067 | | |
| | | 3,127 | | | |
First BanCorp (Puerto Rico)
|
| | | | 53,096 | | |
| | | 710 | | | |
First Bancorp (Southern Pines NC)
|
| | | | 24,225 | | |
| | | 178 | | | |
First Bancorp Inc.
|
| | | | 4,204 | | |
| | | 551 | | | |
First Bancshares Inc.
|
| | | | 13,681 | | |
| | | 380 | | | |
First Bank
|
| | | | 5,096 | | |
| | | 928 | | | |
First Busey Corp.
|
| | | | 21,400 | | |
| | | 143 | | | |
First Business Financial Services Inc.
|
| | | | 5,045 | | |
| | | 4,746 | | | |
First Citizens BancShares Inc., Class A Shares
|
| | | | 7,469,302 | | |
| | | 1,821 | | | |
First Commonwealth Financial Corp.
|
| | | | 23,728 | | |
| | | 321 | | | |
First Community Bankshares Inc.
|
| | | | 10,638 | | |
| | | 174 | | | |
First Community Corp.
|
| | | | 2,859 | | |
| | | 1,666 | | | |
First Financial Bancorp
|
| | | | 36,152 | | |
| | | 2,294 | | | |
First Financial Bankshares Inc.
|
| | | | 70,976 | | |
| | | 217 | | | |
First Financial Corp.
|
| | | | 8,079 | | |
| | | 925 | | | |
First Foundation Inc.
|
| | | | 7,335 | | |
| | | 552 | | | |
First Hawaiian Inc.
|
| | | | 11,570 | | |
| | | 236,912 | | | |
First Horizon Corp.
|
| | | | 3,340,459 | | |
| | | 122,767 | | | |
First Interstate BancSystem Inc., Class A Shares
|
| | | | 3,231,227 | | |
| | | 1,047 | | | |
First Merchants Corp.
|
| | | | 34,760 | | |
| | | 349 | | | |
First Mid Bancshares Inc.
|
| | | | 10,575 | | |
| | | 388 | | | |
First of Long Island Corp.
|
| | | | 4,322 | | |
| | | 232 | | | |
Five Star Bancorp
|
| | | | 5,505 | | |
| | | 1,526 | | | |
FNB Corp.
|
| | | | 20,357 | | |
| | | 2,876 | | | |
Fulton Financial Corp.
|
| | | | 44,290 | | |
| | | 295 | | | |
FVCBankcorp Inc.*
|
| | | | 3,572 | | |
| | | 505 | | | |
German American Bancorp Inc.
|
| | | | 15,887 | | |
| | | 1,963 | | | |
Glacier Bancorp Inc.
|
| | | | 73,455 | | |
| | | 166 | | | |
Great Southern Bancorp Inc.
|
| | | | 8,655 | | |
| | | 152 | | | |
Guaranty Bancshares Inc.
|
| | | | 4,372 | | |
| | | 1,528 | | | |
Hancock Whitney Corp.
|
| | | | 66,621 | | |
| | | 556 | | | |
Hanmi Financial Corp.
|
| | | | 8,401 | | |
| | | 775 | | | |
HarborOne Bancorp Inc.
|
| | | | 7,890 | | |
| | | 244 | | | |
HBT Financial Inc.
|
| | | | 4,651 | | |
| | | 752 | | | |
Heartland Financial USA Inc.
|
| | | | 25,568 | | |
| | | 1,082 | | | |
Heritage Commerce Corp.
|
| | | | 8,970 | | |
| | | 630 | | | |
Heritage Financial Corp.
|
| | | | 11,561 | | |
| | | 830 | | | |
Hilltop Holdings Inc.
|
| | | | 25,630 | | |
| | | 3,353 | | | |
Home BancShares Inc.
|
| | | | 78,661 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| FINANCIAL – (continued) | | ||||||||||||
| Banks – (continued) | | ||||||||||||
| | | 435 | | | |
HomeStreet Inc.
|
| | | $ | 6,068 | | |
| | | 2,062 | | | |
Hope Bancorp Inc.
|
| | | | 22,620 | | |
| | | 791 | | | |
Horizon Bancorp Inc.
|
| | | | 9,524 | | |
| | | 6,033 | | | |
Huntington Bancshares Inc.
|
| | | | 78,670 | | |
| | | 49,131 | | | |
Independent Bank Corp. (Massachusetts)
|
| | | | 2,563,164 | | |
| | | 374 | | | |
Independent Bank Corp. (Michingan)
|
| | | | 9,144 | | |
| | | 642 | | | |
Independent Bank Group Inc.
|
| | | | 28,075 | | |
| | | 948 | | | |
International Bancshares Corp.
|
| | | | 49,192 | | |
| | | 227 | | | |
John Marshall Bancorp Inc.
|
| | | | 3,973 | | |
| | | 1,047 | | | |
Kearny Financial Corp.
|
| | | | 6,659 | | |
| | | 3,919 | | | |
KeyCorp
|
| | | | 55,924 | | |
| | | 1,121 | | | |
Lakeland Bancorp Inc.
|
| | | | 13,093 | | |
| | | 442 | | | |
Lakeland Financial Corp.
|
| | | | 28,155 | | |
| | | 242 | | | |
LCNB Corp.
|
| | | | 3,407 | | |
| | | 9,911 | | | |
Live Oak Bancshares Inc.
|
| | | | 393,665 | | |
| | | 693 | | | |
M&T Bank Corp.
|
| | | | 96,840 | | |
| | | 479 | | | |
Macatawa Bank Corp.
|
| | | | 4,694 | | |
| | | 122 | | | |
MainStreet Bancshares Inc.
|
| | | | 2,198 | | |
| | | 287 | | | |
Mercantile Bank Corp.
|
| | | | 10,573 | | |
| | | 291 | | | |
Merchants Bancorp
|
| | | | 12,472 | | |
| | | 339 | | | |
Metrocity Bankshares Inc.
|
| | | | 8,238 | | |
| | | 194 | | | |
Metropolitan Bank Holding Corp.*
|
| | | | 7,607 | | |
| | | 257 | | | |
Mid Penn Bancorp Inc.
|
| | | | 5,405 | | |
| | | 144 | | | |
Middlefield Banc Corp.
|
| | | | 3,534 | | |
| | | 391 | | | |
Midland States Bancorp Inc.
|
| | | | 9,521 | | |
| | | 257 | | | |
MidWestOne Financial Group Inc.
|
| | | | 5,890 | | |
| | | 206 | | | |
MVB Financial Corp.
|
| | | | 4,410 | | |
| | | 42,673 | | | |
National Bank Holdings Corp., Class A Shares
|
| | | | 1,444,054 | | |
| | | 102 | | | |
National Bankshares Inc.
|
| | | | 3,190 | | |
| | | 813 | | | |
NBT Bancorp Inc.
|
| | | | 27,959 | | |
| | | 440 | | | |
NewtekOne Inc.(b)
|
| | | | 5,078 | | |
| | | 231 | | | |
Nicolet Bankshares Inc.
|
| | | | 18,233 | | |
| | | 120 | | | |
Northeast Bank
|
| | | | 6,407 | | |
| | | 245 | | | |
Northeast Community Bancorp Inc.
|
| | | | 3,820 | | |
| | | 859 | | | |
Northern Trust Corp.
|
| | | | 70,550 | | |
| | | 101 | | | |
Northrim BanCorp Inc.
|
| | | | 5,023 | | |
| | | 135 | | | |
Norwood Financial Corp.
|
| | | | 3,727 | | |
| | | 9,668 | | | |
NU Holdings Ltd., Class A Shares*
|
| | | | 107,121 | | |
| | | 124 | | | |
Oak Valley Bancorp
|
| | | | 3,091 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| FINANCIAL – (continued) | | ||||||||||||
| Banks – (continued) | | ||||||||||||
| | | 828 | | | |
OFG Bancorp
|
| | | $ | 29,990 | | |
| | | 211,106 | | | |
Old National Bancorp
|
| | | | 3,468,472 | | |
| | | 787 | | | |
Old Second Bancorp Inc.
|
| | | | 10,569 | | |
| | | 93 | | | |
Orange County Bancorp Inc.
|
| | | | 4,276 | | |
| | | 524 | | | |
Origin Bancorp Inc.
|
| | | | 15,636 | | |
| | | 187 | | | |
Orrstown Financial Services Inc.
|
| | | | 5,040 | | |
| | | 255 | | | |
Park National Corp.
|
| | | | 32,770 | | |
| | | 193 | | | |
Parke Bancorp Inc.
|
| | | | 3,329 | | |
| | | 477 | | | |
Pathward Financial Inc.
|
| | | | 24,251 | | |
| | | 202 | | | |
PCB Bancorp
|
| | | | 3,262 | | |
| | | 313 | | | |
Peapack-Gladstone Financial Corp.
|
| | | | 7,584 | | |
| | | 157 | | | |
Penns Woods Bancorp Inc.
|
| | | | 3,036 | | |
| | | 607 | | | |
Peoples Bancorp Inc.
|
| | | | 17,039 | | |
| | | 126 | | | |
Peoples Financial Services Corp.
|
| | | | 5,084 | | |
| | | 44,573 | | | |
Pinnacle Financial Partners Inc.
|
| | | | 3,687,079 | | |
| | | 309 | | | |
Pioneer Bancorp Inc.*
|
| | | | 2,880 | | |
| | | 100 | | | |
Plumas Bancorp
|
| | | | 3,484 | | |
| | | 359 | | | |
Ponce Financial Group Inc.*
|
| | | | 3,166 | | |
| | | 299 | | | |
Popular Inc.
|
| | | | 25,020 | | |
| | | 240 | | | |
Preferred Bank
|
| | | | 17,244 | | |
| | | 641 | | | |
Premier Financial Corp.
|
| | | | 12,423 | | |
| | | 355 | | | |
Primis Financial Corp.
|
| | | | 4,384 | | |
| | | 116 | | | |
Princeton Bancorp Inc.
|
| | | | 3,570 | | |
| | | 370 | | | |
Prosperity Bancshares Inc.
|
| | | | 23,092 | | |
| | | 296 | | | |
QCR Holdings Inc.
|
| | | | 16,872 | | |
| | | 307 | | | |
RBB Bancorp
|
| | | | 5,287 | | |
| | | 88 | | | |
Red River Bancshares Inc.
|
| | | | 4,382 | | |
| | | 3,919 | | | |
Regions Financial Corp.
|
| | | | 73,011 | | |
| | | 980 | | | |
Renasant Corp.
|
| | | | 30,978 | | |
| | | 159 | | | |
Republic Bancorp Inc., Class A Shares
|
| | | | 7,832 | | |
| | | 694 | | | |
S&T Bancorp Inc.
|
| | | | 21,646 | | |
| | | 785 | | | |
Sandy Spring Bancorp Inc.
|
| | | | 17,254 | | |
| | | 1,490 | | | |
Seacoast Banking Corp. of Florida
|
| | | | 35,969 | | |
| | | 898 | | | |
ServisFirst Bancshares Inc.
|
| | | | 56,745 | | |
| | | 538 | | | |
Shore Bancshares Inc.
|
| | | | 6,112 | | |
| | | 251 | | | |
Sierra Bancorp
|
| | | | 4,671 | | |
| | | 2,230 | | | |
Simmons First National Corp., Class A Shares
|
| | | | 42,816 | | |
| | | 295 | | | |
SmartFinancial Inc.
|
| | | | 6,348 | | |
| | | 225 | | | |
South Plains Financial Inc.
|
| | | | 6,003 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| FINANCIAL – (continued) | | ||||||||||||
| Banks – (continued) | | ||||||||||||
| | | 141 | | | |
Southern First Bancshares Inc.*
|
| | | $ | 4,646 | | |
| | | 138 | | | |
Southern States Bancshares Inc.
|
| | | | 3,431 | | |
| | | 528 | | | |
Southside Bancshares Inc.
|
| | | | 15,132 | | |
| | | 1,374 | | | |
SouthState Corp.
|
| | | | 115,471 | | |
| | | 1,270 | | | |
State Street Corp.
|
| | | | 93,637 | | |
| | | 869 | | | |
Stellar Bancorp Inc.
|
| | | | 20,595 | | |
| | | 534 | | | |
Sterling Bancorp Inc.*
|
| | | | 2,691 | | |
| | | 484 | | | |
Stock Yards Bancorp Inc.
|
| | | | 22,172 | | |
| | | 203 | | | |
Summit Financial Group Inc.
|
| | | | 5,477 | | |
| | | 617 | | | |
Synovus Financial Corp.
|
| | | | 23,409 | | |
| | | 844 | | | |
Texas Capital Bancshares Inc.*
|
| | | | 49,501 | | |
| | | 235 | | | |
Third Coast Bancshares Inc.*
|
| | | | 4,505 | | |
| | | 250 | | | |
Tompkins Financial Corp.
|
| | | | 12,040 | | |
| | | 1,244 | | | |
Towne Bank
|
| | | | 33,725 | | |
| | | 555 | | | |
TriCo Bancshares
|
| | | | 18,543 | | |
| | | 10,575 | | | |
Triumph Financial Inc.*
|
| | | | 793,125 | | |
| | | 339 | | | |
TrustCo Bank Corp. NY
|
| | | | 9,251 | | |
| | | 1,082 | | | |
Trustmark Corp.
|
| | | | 29,063 | | |
| | | 780 | | | |
UMB Financial Corp.
|
| | | | 63,656 | | |
| | | 2,302 | | | |
United Bankshares Inc.
|
| | | | 79,856 | | |
| | | 2,036 | | | |
United Community Banks Inc.
|
| | | | 52,956 | | |
| | | 133 | | | |
Unity Bancorp Inc.
|
| | | | 3,642 | | |
| | | 75,294 | | | |
Univest Financial Corp.
|
| | | | 1,507,386 | | |
| | | 60,100 | | | |
US Bancorp
|
| | | | 2,521,796 | | |
| | | 262 | | | |
USCB Financial Holdings Inc.
|
| | | | 2,861 | | |
| | | 357,694 | | | |
Valley National Bancorp
|
| | | | 2,929,514 | | |
| | | 939 | | | |
Veritex Holdings Inc.
|
| | | | 18,433 | | |
| | | 106 | | | |
Virginia National Bankshares Corp.
|
| | | | 3,225 | | |
| | | 561 | | | |
Walker & Dunlop Inc.
|
| | | | 53,508 | | |
| | | 311 | | | |
Washington Trust Bancorp Inc.
|
| | | | 8,005 | | |
| | | 733 | | | |
Webster Financial Corp.
|
| | | | 34,920 | | |
| | | 1,024 | | | |
WesBanco Inc.
|
| | | | 29,676 | | |
| | | 294 | | | |
West BanCorp Inc.
|
| | | | 5,116 | | |
| | | 31,938 | | | |
Westamerica BanCorp
|
| | | | 1,459,886 | | |
| | | 10,156 | | | |
Western Alliance Bancorp
|
| | | | 586,306 | | |
| | | 51,286 | | | |
Wintrust Financial Corp.
|
| | | | 4,941,406 | | |
| | | 618 | | | |
Zions Bancorp N.A.
|
| | | | 24,368 | | |
| | | | | | |
Total Banks
|
| | | | 52,738,832 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| FINANCIAL – (continued) | | ||||||||||||
| Diversified Financial Services – 2.5% | | ||||||||||||
| | | 151 | | | |
Affiliated Managers Group Inc.
|
| | | $ | 23,603 | | |
| | | 441 | | | |
Air Lease Corp., Class A Shares
|
| | | | 17,684 | | |
| | | 1,142 | | | |
Ally Financial Inc.
|
| | | | 42,243 | | |
| | | 370 | | | |
AlTi Global Inc.*
|
| | | | 2,168 | | |
| | | 423 | | | |
Ameriprise Financial Inc.
|
| | | | 172,313 | | |
| | | 2,153 | | | |
Apollo Global Management Inc.
|
| | | | 240,705 | | |
| | | 672 | | | |
Ares Management Corp., Class A Shares
|
| | | | 89,127 | | |
| | | 1,084 | | | |
Artisan Partners Asset Management Inc., Class A Shares
|
| | | | 46,688 | | |
| | | 399 | | | |
AssetMark Financial Holdings Inc.*
|
| | | | 14,105 | | |
| | | 81 | | | |
Atlanticus Holdings Corp.*
|
| | | | 2,685 | | |
| | | 337 | | | |
B Riley Financial Inc.(b)
|
| | | | 6,177 | | |
| | | 6,442 | | | |
BGC Group Inc., Class A Shares
|
| | | | 44,772 | | |
| | | 1,268 | | | |
Bit Digital Inc.*
|
| | | | 3,297 | | |
| | | 1,892 | | | |
Blue Owl Capital Inc., Class A Shares
|
| | | | 33,980 | | |
| | | 894 | | | |
Bread Financial Holdings Inc.
|
| | | | 34,222 | | |
| | | 589 | | | |
Brightsphere Investment Group Inc.
|
| | | | 13,347 | | |
| | | 476 | | | |
Brookfield Business Corp., Class A Shares
|
| | | | 10,881 | | |
| | | 40,000 | | | |
Capital One Financial Corp.
|
| | | | 5,504,400 | | |
| | | 441 | | | |
Cboe Global Markets Inc.
|
| | | | 84,672 | | |
| | | 461 | | | |
Cohen & Steers Inc.
|
| | | | 33,907 | | |
| | | 700 | | | |
Coinbase Global Inc., Class A Shares*
|
| | | | 142,492 | | |
| | | 544 | | | |
Columbia Financial Inc.*
|
| | | | 9,101 | | |
| | | 28 | | | |
Credit Acceptance Corp.*
|
| | | | 15,501 | | |
| | | 52 | | | |
Diamond Hill Investment Group Inc.
|
| | | | 7,523 | | |
| | | 1,044 | | | |
Discover Financial Services
|
| | | | 126,011 | | |
| | | 538 | | | |
Enact Holdings Inc.
|
| | | | 14,913 | | |
| | | 414 | | | |
Encore Capital Group Inc.*
|
| | | | 19,872 | | |
| | | 539 | | | |
Enova International Inc.*
|
| | | | 34,092 | | |
| | | 6,958 | | | |
Evercore Inc., Class A Shares
|
| | | | 1,301,703 | | |
| | | 162 | | | |
Federal Agricultural Mortgage Corp., Class C Shares
|
| | | | 28,977 | | |
| | | 141 | | | |
First Western Financial Inc.*
|
| | | | 1,995 | | |
| | | 2,012 | | | |
Forge Global Holdings Inc.*
|
| | | | 4,185 | | |
| | | 1,202 | | | |
Franklin Resources Inc.
|
| | | | 32,995 | | |
| | | 81,290 | | | |
FTAI Aviation Ltd.
|
| | | | 4,575,814 | | |
| | | 776 | | | |
GCM Grosvenor Inc., Class A Shares
|
| | | | 6,573 | | |
| | | 643 | | | |
Hamilton Lane Inc., Class A Shares
|
| | | | 73,849 | | |
| | | 214 | | | |
Houlihan Lokey Inc., Class A Shares
|
| | | | 27,533 | | |
| | | 426 | | | |
Interactive Brokers Group Inc., Class A Shares
|
| | | | 46,315 | | |
| | | 598 | | | |
International Money Express Inc.*
|
| | | | 11,781 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| FINANCIAL – (continued) | | ||||||||||||
| Diversified Financial Services – (continued) | | ||||||||||||
| | | 1,540 | | | |
Invesco Ltd.
|
| | | $ | 23,731 | | |
| | | 573 | | | |
Janus Henderson Group PLC
|
| | | | 17,855 | | |
| | | 62,703 | | | |
Jefferies Financial Group Inc.
|
| | | | 2,622,239 | | |
| | | 469 | | | |
Lazard Inc., Class A Shares
|
| | | | 18,075 | | |
| | | 1,924 | | | |
LendingClub Corp.*
|
| | | | 15,604 | | |
| | | 235 | | | |
LendingTree Inc.*
|
| | | | 9,299 | | |
| | | 311 | | | |
LPL Financial Holdings Inc.
|
| | | | 83,314 | | |
| | | 1,176 | | | |
Moelis & Co., Class A Shares
|
| | | | 63,551 | | |
| | | 1,151 | | | |
Mr Cooper Group Inc.*
|
| | | | 82,043 | | |
| | | 1,431 | | | |
Nasdaq Inc.
|
| | | | 80,422 | | |
| | | 1,578 | | | |
Navient Corp.
|
| | | | 25,658 | | |
| | | 259 | | | |
Nelnet Inc., Class A Shares
|
| | | | 22,240 | | |
| | | 641 | | | |
NerdWallet Inc., Class A Shares*
|
| | | | 10,814 | | |
| | | 113 | | | |
Ocwen Financial Corp.*
|
| | | | 2,947 | | |
| | | 477 | | | |
OneMain Holdings Inc., Class A Shares
|
| | | | 22,529 | | |
| | | 3,515 | | | |
Pagseguro Digital Ltd., Class A Shares*
|
| | | | 48,929 | | |
| | | 888 | | | |
Paysign Inc.*
|
| | | | 2,717 | | |
| | | 452 | | | |
PennyMac Financial Services Inc.
|
| | | | 38,388 | | |
| | | 773 | | | |
Perella Weinberg Partners, Class A Shares
|
| | | | 10,559 | | |
| | | 306 | | | |
Piper Sandler Cos
|
| | | | 57,611 | | |
| | | 13,320 | | | |
PJT Partners Inc., Class A Shares
|
| | | | 1,403,928 | | |
| | | 695 | | | |
PRA Group Inc.*
|
| | | | 17,764 | | |
| | | 2,766 | | | |
Radian Group Inc.
|
| | | | 80,601 | | |
| | | 29,292 | | | |
Raymond James Financial Inc.
|
| | | | 3,524,413 | | |
| | | 143 | | | |
Regional Management Corp.
|
| | | | 3,346 | | |
| | | 544 | | | |
Rocket Cos. Inc., Class A Shares*
|
| | | | 6,833 | | |
| | | 320 | | | |
Security National Financial Corp., Class A Shares
|
| | | | 2,758 | | |
| | | 430 | | | |
SEI Investments Co.
|
| | | | 28,918 | | |
| | | 167 | | | |
Silvercrest Asset Management Group Inc., Class A Shares
|
| | | | 2,801 | | |
| | | 966 | | | |
SLM Corp.
|
| | | | 20,122 | | |
| | | 3,871 | | | |
SoFi Technologies Inc.*
|
| | | | 34,762 | | |
| | | 955 | | | |
StepStone Group Inc., Class A Shares
|
| | | | 33,167 | | |
| | | 434 | | | |
Stifel Financial Corp.
|
| | | | 32,923 | | |
| | | 474 | | | |
StoneX Group Inc.*
|
| | | | 32,829 | | |
| | | 1,748 | | | |
Synchrony Financial
|
| | | | 72,192 | | |
| | | 923 | | | |
T Rowe Price Group Inc.
|
| | | | 104,622 | | |
| | | 280 | | | |
TPG Inc., Class A Shares
|
| | | | 12,418 | | |
| | | 483 | | | |
Tradeweb Markets Inc., Class A Shares
|
| | | | 51,111 | | |
| | | 1,273 | | | |
Upstart Holdings Inc.*(b)
|
| | | | 32,780 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| FINANCIAL – (continued) | | ||||||||||||
| Diversified Financial Services – (continued) | | ||||||||||||
| | | 534 | | | |
UWM Holdings Corp.
|
| | | $ | 3,407 | | |
| | | 211 | | | |
Velocity Financial Inc.*
|
| | | | 3,450 | | |
| | | 488 | | | |
Victory Capital Holdings Inc., Class A Shares
|
| | | | 18,754 | | |
| | | 394 | | | |
Virtu Financial Inc., Class A Shares
|
| | | | 7,112 | | |
| | | 123 | | | |
Virtus Investment Partners Inc.
|
| | | | 28,575 | | |
| | | 414 | | | |
Voya Financial Inc.
|
| | | | 28,301 | | |
| | | 1,588 | | | |
Western Union Co.
|
| | | | 21,295 | | |
| | | 2,467 | | | |
WisdomTree Inc.
|
| | | | 19,884 | | |
| | | 74 | | | |
World Acceptance Corp.*
|
| | | | 8,862 | | |
| | | 1,401 | | | |
XP Inc., Class A Shares
|
| | | | 33,120 | | |
| | | | | | |
Total Diversified Financial Services
|
| | | | 21,831,774 | | |
| Equity Real Estate Investment Trusts (REITs) – 4.3% | | ||||||||||||
| | | 1,661 | | | |
Acadia Realty Trust
|
| | | | 27,224 | | |
| | | 301 | | | |
AFC Gamma Inc.
|
| | | | 3,462 | | |
| | | 2,517 | | | |
AGNC Investment Corp.
|
| | | | 24,063 | | |
| | | 390 | | | |
Agree Realty Corp.
|
| | | | 21,431 | | |
| | | 1,291 | | | |
Alexander & Baldwin Inc.
|
| | | | 20,992 | | |
| | | 40 | | | |
Alexander’s Inc.
|
| | | | 8,842 | | |
| | | 36,419 | | | |
Alexandria Real Estate Equities Inc.
|
| | | | 4,542,542 | | |
| | | 238 | | | |
Alpine Income Property Trust Inc.
|
| | | | 3,715 | | |
| | | 873 | | | |
American Assets Trust Inc.
|
| | | | 18,831 | | |
| | | 97,299 | | | |
American Homes 4 Rent, Class A Shares
|
| | | | 3,601,036 | | |
| | | 1,138 | | | |
Americold Realty Trust Inc.
|
| | | | 28,791 | | |
| | | 2,078 | | | |
Annaly Capital Management Inc.
|
| | | | 39,669 | | |
| | | 633 | | | |
Apartment Income REIT Corp.
|
| | | | 19,193 | | |
| | | 2,650 | | | |
Apartment Investment & Management Co., Class A Shares*
|
| | | | 19,557 | | |
| | | 2,521 | | | |
Apollo Commercial Real Estate Finance Inc.
|
| | | | 28,260 | | |
| | | 3,794 | | | |
Apple Hospitality REIT Inc.
|
| | | | 61,045 | | |
| | | 3,210 | | | |
Arbor Realty Trust Inc.(b)
|
| | | | 43,014 | | |
| | | 950 | | | |
Ares Commercial Real Estate Corp.
|
| | | | 7,163 | | |
| | | 1,215 | | | |
Armada Hoffler Properties Inc.
|
| | | | 12,369 | | |
| | | 820 | | | |
ARMOUR Residential REIT Inc.
|
| | | | 16,236 | | |
| | | 593 | | | |
AvalonBay Communities Inc.
|
| | | | 104,979 | | |
| | | 3,030 | | | |
Blackstone Mortgage Trust Inc., Class A Shares
|
| | | | 61,721 | | |
| | | 660 | | | |
Boston Properties Inc.
|
| | | | 42,715 | | |
| | | 1,207 | | | |
Braemar Hotels & Resorts Inc.
|
| | | | 2,752 | | |
| | | 3,062 | | | |
Brandywine Realty Trust
|
| | | | 13,167 | | |
| | | 2,316 | | | |
BrightSpire Capital Inc., Class A Shares
|
| | | | 16,004 | | |
| | | 1,266 | | | |
Brixmor Property Group Inc.
|
| | | | 28,624 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| FINANCIAL – (continued) | | ||||||||||||
| Equity Real Estate Investment Trusts (REITs) – (continued) | | ||||||||||||
| | | 3,313 | | | |
Broadstone Net Lease Inc., Class A Shares
|
| | | $ | 49,397 | | |
| | | 219 | | | |
BRT Apartments Corp.
|
| | | | 3,390 | | |
| | | 436 | | | |
Camden Property Trust
|
| | | | 41,193 | | |
| | | 1,770 | | | |
CareTrust REIT Inc.
|
| | | | 39,931 | | |
| | | 489 | | | |
CBL & Associates Properties Inc.
|
| | | | 11,276 | | |
| | | 271 | | | |
Centerspace
|
| | | | 15,065 | | |
| | | 883 | | | |
Chatham Lodging Trust
|
| | | | 9,007 | | |
| | | 328,962 | | | |
Chimera Investment Corp.
|
| | | | 1,434,274 | | |
| | | 884 | | | |
City Office REIT Inc.
|
| | | | 4,049 | | |
| | | 1,621 | | | |
Claros Mortgage Trust Inc.
|
| | | | 15,691 | | |
| | | 459 | | | |
Community Healthcare Trust Inc.
|
| | | | 12,457 | | |
| | | 109,517 | | | |
COPT Defense Properties
|
| | | | 2,653,597 | | |
| | | 650 | | | |
Cousins Properties Inc.
|
| | | | 14,827 | | |
| | | 408 | | | |
CTO Realty Growth Inc.
|
| | | | 6,956 | | |
| | | 942 | | | |
CubeSmart
|
| | | | 41,081 | | |
| | | 3,723 | | | |
DiamondRock Hospitality Co.
|
| | | | 34,996 | | |
| | | 1,248 | | | |
Digital Realty Trust Inc.
|
| | | | 183,219 | | |
| | | 4,381 | | | |
Diversified Healthcare Trust
|
| | | | 14,370 | | |
| | | 2,902 | | | |
Douglas Emmett Inc.
|
| | | | 38,364 | | |
| | | 977 | | | |
Dynex Capital Inc.
|
| | | | 12,056 | | |
| | | 1,678 | | | |
Easterly Government Properties Inc., Class A Shares
|
| | | | 19,800 | | |
| | | 185 | | | |
EastGroup Properties Inc.
|
| | | | 32,503 | | |
| | | 1,327 | | | |
Ellington Financial Inc.
|
| | | | 15,035 | | |
| | | 1,565 | | | |
Elme Communities
|
| | | | 20,157 | | |
| | | 2,358 | | | |
Empire State Realty Trust Inc., Class A Shares
|
| | | | 23,509 | | |
| | | 319 | | | |
EPR Properties
|
| | | | 13,105 | | |
| | | 1,855 | | | |
Equity Commonwealth*
|
| | | | 34,930 | | |
| | | 746 | | | |
Equity LifeStyle Properties Inc.
|
| | | | 50,221 | | |
| | | 1,561 | | | |
Equity Residential
|
| | | | 93,988 | | |
| | | 2,744 | | | |
Essential Properties Realty Trust Inc.
|
| | | | 65,554 | | |
| | | 268 | | | |
Essex Property Trust Inc.
|
| | | | 62,015 | | |
| | | 23,575 | | | |
Extra Space Storage Inc.
|
| | | | 3,323,368 | | |
| | | 878 | | | |
Farmland Partners Inc.
|
| | | | 10,360 | | |
| | | 341 | | | |
Federal Realty Investment Trust
|
| | | | 34,390 | | |
| | | 558 | | | |
First Industrial Realty Trust Inc.
|
| | | | 29,574 | | |
| | | 1,532 | | | |
Four Corners Property Trust Inc.
|
| | | | 37,044 | | |
| | | 1,482 | | | |
Franklin BSP Realty Trust Inc.
|
| | | | 19,133 | | |
| | | 1,057 | | | |
Gaming & Leisure Properties Inc.
|
| | | | 48,072 | | |
| | | 798 | | | |
Getty Realty Corp.
|
| | | | 21,035 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| FINANCIAL – (continued) | | ||||||||||||
| Equity Real Estate Investment Trusts (REITs) – (continued) | | ||||||||||||
| | | 735 | | | |
Gladstone Commercial Corp.
|
| | | $ | 9,099 | | |
| | | 614 | | | |
Gladstone Land Corp.
|
| | | | 7,988 | | |
| | | 1,110 | | | |
Global Medical REIT Inc.
|
| | | | 9,935 | | |
| | | 3,444 | | | |
Global Net Lease Inc.
|
| | | | 24,831 | | |
| | | 931 | | | |
Granite Point Mortgage Trust Inc.
|
| | | | 4,413 | | |
| | | 1,608 | | | |
Healthcare Realty Trust Inc., Class A Shares
|
| | | | 22,158 | | |
| | | 453 | | | |
Highwoods Properties Inc.
|
| | | | 11,076 | | |
| | | 2,970 | | | |
Host Hotels & Resorts Inc.
|
| | | | 61,598 | | |
| | | 2,476 | | | |
Hudson Pacific Properties Inc.
|
| | | | 15,698 | | |
| | | 3,972 | | | |
Independence Realty Trust Inc.
|
| | | | 58,150 | | |
| | | 493 | | | |
Innovative Industrial Properties Inc., Class A Shares
|
| | | | 48,309 | | |
| | | 1,205 | | | |
InvenTrust Properties Corp.
|
| | | | 30,426 | | |
| | | 773 | | | |
Invesco Mortgage Capital Inc.
|
| | | | 6,980 | | |
| | | 2,560 | | | |
Invitation Homes Inc.
|
| | | | 87,219 | | |
| | | 1,213 | | | |
Iron Mountain Inc.
|
| | | | 95,390 | | |
| | | 1,938 | | | |
JBG SMITH Properties
|
| | | | 32,132 | | |
| | | 498 | | | |
Kilroy Realty Corp.
|
| | | | 18,869 | | |
| | | 2,705 | | | |
Kimco Realty Corp.
|
| | | | 53,451 | | |
| | | 3,824 | | | |
Kite Realty Group Trust
|
| | | | 81,872 | | |
| | | 1,064 | | | |
KKR Real Estate Finance Trust Inc.
|
| | | | 10,374 | | |
| | | 2,018 | | | |
Ladder Capital Corp., Class A Shares
|
| | | | 21,815 | | |
| | | 367 | | | |
Lamar Advertising Co., Class A Shares
|
| | | | 40,572 | | |
| | | 729 | | | |
LTC Properties Inc.
|
| | | | 22,934 | | |
| | | 5,108 | | | |
LXP Industrial Trust
|
| | | | 44,235 | | |
| | | 3,813 | | | |
Macerich Co.
|
| | | | 62,571 | | |
| | | 2,547 | | | |
Medical Properties Trust Inc.(b)
|
| | | | 10,723 | | |
| | | 1,829 | | | |
MFA Financial Inc.
|
| | | | 20,521 | | |
| | | 32,687 | | | |
Mid-America Apartment Communities Inc.
|
| | | | 4,108,102 | | |
| | | 737 | | | |
National Health Investors Inc.
|
| | | | 42,355 | | |
| | | 62,051 | | | |
National Storage Affiliates Trust
|
| | | | 2,222,046 | | |
| | | 59 | | | |
NET Lease Office Properties
|
| | | | 1,439 | | |
| | | 1,204 | | | |
NETSTREIT Corp.
|
| | | | 20,239 | | |
| | | 1,637 | | | |
New York Mortgage Trust Inc.
|
| | | | 11,803 | | |
| | | 196 | | | |
Nexpoint Real Estate Finance Inc.
|
| | | | 2,752 | | |
| | | 407 | | | |
NexPoint Residential Trust Inc.
|
| | | | 11,888 | | |
| | | 767 | | | |
NNN REIT Inc.
|
| | | | 31,209 | | |
| | | 884 | | | |
Office Properties Income Trust
|
| | | | 2,360 | | |
| | | 988 | | | |
Omega Healthcare Investors Inc.
|
| | | | 30,747 | | |
| | | 294 | | | |
One Liberty Properties Inc.
|
| | | | 5,951 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| FINANCIAL – (continued) | | ||||||||||||
| Equity Real Estate Investment Trusts (REITs) – (continued) | | ||||||||||||
| | | 820 | | | |
Orchid Island Capital Inc.
|
| | | $ | 7,052 | | |
| | | 1,037 | | | |
Orion Office REIT Inc.
|
| | | | 3,640 | | |
| | | 3,320 | | | |
Paramount Group Inc.
|
| | | | 14,708 | | |
| | | 921 | | | |
Park Hotels & Resorts Inc.
|
| | | | 15,289 | | |
| | | 656 | | | |
Peakstone Realty Trust
|
| | | | 9,033 | | |
| | | 2,152 | | | |
Pebblebrook Hotel Trust
|
| | | | 34,088 | | |
| | | 1,576 | | | |
PennyMac Mortgage Investment Trust
|
| | | | 22,269 | | |
| | | 2,074 | | | |
Phillips Edison & Co., Inc.
|
| | | | 74,083 | | |
| | | 187,156 | | | |
Physicians Realty Trust
|
| | | | 2,101,762 | | |
| | | 2,229 | | | |
Piedmont Office Realty Trust Inc., Class A Shares
|
| | | | 13,976 | | |
| | | 769 | | | |
Plymouth Industrial REIT Inc.
|
| | | | 16,587 | | |
| | | 341 | | | |
Postal Realty Trust Inc., Class A Shares
|
| | | | 4,883 | | |
| | | 1,391 | | | |
PotlatchDeltic Corp.
|
| | | | 62,887 | | |
| | | 626 | | | |
Rayonier Inc.
|
| | | | 21,553 | | |
| | | 2,838 | | | |
Ready Capital Corp.
|
| | | | 25,060 | | |
| | | 79,342 | | | |
Realty Income Corp.
|
| | | | 4,134,512 | | |
| | | 2,046 | | | |
Redwood Trust Inc.
|
| | | | 12,542 | | |
| | | 759 | | | |
Regency Centers Corp.
|
| | | | 47,020 | | |
| | | 2,184 | | | |
Retail Opportunity Investments Corp.
|
| | | | 28,239 | | |
| | | 866 | | | |
Rexford Industrial Realty Inc.
|
| | | | 44,062 | | |
| | | 2,049 | | | |
Rithm Capital Corp.
|
| | | | 22,211 | | |
| | | 2,776 | | | |
RLJ Lodging Trust
|
| | | | 32,951 | | |
| | | 1,059 | | | |
Ryman Hospitality Properties Inc.
|
| | | | 125,470 | | |
| | | 4,074 | | | |
Sabra Health Care REIT Inc.
|
| | | | 56,547 | | |
| | | 788 | | | |
Safehold Inc.
|
| | | | 15,855 | | |
| | | 215 | | | |
Saul Centers Inc.
|
| | | | 7,781 | | |
| | | 450 | | | |
SBA Communications Corp., Class A Shares
|
| | | | 94,154 | | |
| | | 2,934 | | | |
Service Properties Trust
|
| | | | 19,951 | | |
| | | 1,356 | | | |
Simon Property Group Inc.
|
| | | | 200,878 | | |
| | | 3,363 | | | |
SITE Centers Corp.
|
| | | | 45,670 | | |
| | | 1,143 | | | |
SL Green Realty Corp.(b)
|
| | | | 55,413 | | |
| | | 100,574 | | | |
STAG Industrial Inc.
|
| | | | 3,735,318 | | |
| | | 1,248 | | | |
Starwood Property Trust Inc.
|
| | | | 25,447 | | |
| | | 1,898 | | | |
Summit Hotel Properties Inc.
|
| | | | 12,185 | | |
| | | 515 | | | |
Sun Communities Inc.
|
| | | | 68,886 | | |
| | | 3,682 | | | |
Sunstone Hotel Investors Inc.
|
| | | | 41,202 | | |
| | | 1,803 | | | |
Tanger Inc.
|
| | | | 51,944 | | |
| | | 1,509 | | | |
Terreno Realty Corp.
|
| | | | 97,029 | | |
| | | 1,268 | | | |
TPG RE Finance Trust Inc.
|
| | | | 9,485 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| FINANCIAL – (continued) | | ||||||||||||
| Equity Real Estate Investment Trusts (REITs) – (continued) | | ||||||||||||
| | | 1,731 | | | |
Two Harbors Investment Corp.
|
| | | $ | 21,932 | | |
| | | 1,378 | | | |
UDR Inc.
|
| | | | 48,919 | | |
| | | 1,002 | | | |
UMH Properties Inc.
|
| | | | 15,431 | | |
| | | 4,248 | | | |
Uniti Group Inc.
|
| | | | 24,893 | | |
| | | 234 | | | |
Universal Health Realty Income Trust
|
| | | | 9,075 | | |
| | | 2,034 | | | |
Urban Edge Properties
|
| | | | 34,598 | | |
| | | 1,674 | | | |
Ventas Inc.
|
| | | | 70,793 | | |
| | | 1,407 | | | |
Veris Residential Inc.
|
| | | | 20,542 | | |
| | | 4,198 | | | |
VICI Properties Inc., Class A Shares
|
| | | | 125,646 | | |
| | | 754 | | | |
Vornado Realty Trust
|
| | | | 19,830 | | |
| | | 2,213 | | | |
Welltower Inc.
|
| | | | 203,950 | | |
| | | 3,065 | | | |
Weyerhaeuser Co.
|
| | | | 105,375 | | |
| | | 892 | | | |
Whitestone REIT, Class B Shares
|
| | | | 10,989 | | |
| | | 891 | | | |
WP Carey Inc.
|
| | | | 50,190 | | |
| | | 1,953 | | | |
Xenia Hotels & Resorts Inc.
|
| | | | 29,959 | | |
| | | | | | |
Total Equity Real Estate Investment Trusts (REITs)
|
| | | | 37,014,360 | | |
| Insurance – 5.3% | | ||||||||||||
| | | 2,432 | | | |
Aflac Inc.
|
| | | | 196,360 | | |
| | | 25,097 | | | |
Allstate Corp.
|
| | | | 4,003,473 | | |
| | | 805 | | | |
Ambac Financial Group Inc.*
|
| | | | 13,170 | | |
| | | 450 | | | |
American Coastal Insurance Corp.*
|
| | | | 6,273 | | |
| | | 1,436 | | | |
American Equity Investment Life Holding Co.
|
| | | | 79,755 | | |
| | | 307 | | | |
American Financial Group Inc.
|
| | | | 39,195 | | |
| | | 341 | | | |
AMERISAFE Inc.
|
| | | | 17,991 | | |
| | | 13,200 | | | |
Aon PLC, Class A Shares
|
| | | | 4,171,068 | | |
| | | 1,496 | | | |
Arch Capital Group Ltd.*
|
| | | | 131,035 | | |
| | | 884 | | | |
Arthur J Gallagher & Co.
|
| | | | 215,634 | | |
| | | 223 | | | |
Assurant Inc.
|
| | | | 40,463 | | |
| | | 243 | | | |
Assured Guaranty Ltd.
|
| | | | 22,259 | | |
| | | 331 | | | |
Axis Capital Holdings Ltd.
|
| | | | 20,711 | | |
| | | 286 | | | |
Brighthouse Financial Inc.*
|
| | | | 13,313 | | |
| | | 994 | | | |
Brown & Brown Inc.
|
| | | | 83,705 | | |
| | | 1,069 | | | |
BRP Group Inc., Class A Shares*
|
| | | | 29,740 | | |
| | | 644 | | | |
Cincinnati Financial Corp.
|
| | | | 73,416 | | |
| | | 113 | | | |
CNA Financial Corp.
|
| | | | 4,966 | | |
| | | 2,005 | | | |
CNO Financial Group Inc.
|
| | | | 53,513 | | |
| | | 980 | | | |
Corebridge Financial Inc.
|
| | | | 24,333 | | |
| | | 327 | | | |
Crawford & Co., Class A Shares
|
| | | | 3,829 | | |
| | | 281 | | | |
Donegal Group Inc., Class A Shares
|
| | | | 3,934 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| FINANCIAL – (continued) | | ||||||||||||
| Insurance – (continued) | | ||||||||||||
| | | 503 | | | |
eHealth Inc.*
|
| | | $ | 3,320 | | |
| | | 478 | | | |
Employers Holdings Inc.
|
| | | | 21,849 | | |
| | | 210 | | | |
Enstar Group Ltd.*
|
| | | | 64,667 | | |
| | | 1,427 | | | |
Equitable Holdings Inc.
|
| | | | 48,860 | | |
| | | 1,859 | | | |
Essent Group Ltd.
|
| | | | 99,587 | | |
| | | 180 | | | |
Everest Group Ltd.
|
| | | | 66,398 | | |
| | | 342 | | | |
F&G Annuities & Life Inc.
|
| | | | 12,921 | | |
| | | 277 | | | |
Fidelis Insurance Holdings Ltd.*
|
| | | | 4,144 | | |
| | | 1,091 | | | |
Fidelity National Financial Inc.
|
| | | | 55,183 | | |
| | | 43,151 | | | |
First American Financial Corp.
|
| | | | 2,520,450 | | |
| | | 8,402 | | | |
Genworth Financial Inc., Class A Shares*
|
| | | | 51,672 | | |
| | | 370 | | | |
Globe Life Inc.
|
| | | | 46,964 | | |
| | | 4,272 | | | |
Goosehead Insurance Inc., Class A Shares*
|
| | | | 323,177 | | |
| | | 467 | | | |
Greenlight Capital Re Ltd., Class A Shares*
|
| | | | 5,898 | | |
| | | 23,831 | | | |
Hanover Insurance Group Inc.
|
| | | | 3,133,062 | | |
| | | 38,117 | | | |
Hartford Financial Services Group Inc.
|
| | | | 3,653,133 | | |
| | | 27,314 | | | |
HCI Group Inc.
|
| | | | 2,666,393 | | |
| | | 116,176 | | | |
Heritage Insurance Holdings Inc.
|
| | | | 808,585 | | |
| | | 260 | | | |
Hippo Holdings Inc.*
|
| | | | 3,653 | | |
| | | 732 | | | |
Horace Mann Educators Corp.
|
| | | | 26,491 | | |
| | | 22 | | | |
Investors Title Co.
|
| | | | 3,419 | | |
| | | 1,458 | | | |
Jackson Financial Inc., Class A Shares
|
| | | | 80,263 | | |
| | | 672 | | | |
James River Group Holdings Ltd.
|
| | | | 6,713 | | |
| | | 19,454 | | | |
Kemper Corp.
|
| | | | 1,115,298 | | |
| | | 301 | | | |
Kingsway Financial Services Inc.*
|
| | | | 2,655 | | |
| | | 2,331 | | | |
Kinsale Capital Group Inc.
|
| | | | 1,203,216 | | |
| | | 920 | | | |
Lemonade Inc.*
|
| | | | 14,941 | | |
| | | 720 | | | |
Lincoln National Corp.
|
| | | | 19,829 | | |
| | | 777 | | | |
Loews Corp.
|
| | | | 58,376 | | |
| | | 1,596 | | | |
Maiden Holdings Ltd.*
|
| | | | 2,155 | | |
| | | 55 | | | |
Markel Group Inc.*
|
| | | | 82,086 | | |
| | | 900 | | | |
MBIA Inc.*
|
| | | | 5,877 | | |
| | | 28,181 | | | |
Mercury General Corp.
|
| | | | 1,372,133 | | |
| | | 129,949 | | | |
MGIC Investment Corp.
|
| | | | 2,584,686 | | |
| | | 41 | | | |
National Western Life Group Inc., Class A Shares
|
| | | | 19,909 | | |
| | | 211 | | | |
NI Holdings Inc.*
|
| | | | 2,954 | | |
| | | 58,051 | | | |
NMI Holdings Inc., Class A Shares*
|
| | | | 1,746,174 | | |
| | | 1,134 | | | |
Old Republic International Corp.
|
| | | | 32,841 | | |
| | | 17,175 | | | |
Palomar Holdings Inc.*
|
| | | | 1,307,705 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| FINANCIAL – (continued) | | ||||||||||||
| Insurance – (continued) | | ||||||||||||
| | | 19,480 | | | |
Primerica Inc.
|
| | | $ | 4,777,665 | | |
| | | 1,013 | | | |
Principal Financial Group Inc.
|
| | | | 81,911 | | |
| | | 965 | | | |
ProAssurance Corp.
|
| | | | 11,898 | | |
| | | 1,496 | | | |
Prudential Financial Inc.
|
| | | | 163,049 | | |
| | | 280 | | | |
Reinsurance Group of America Inc.
|
| | | | 49,518 | | |
| | | 211 | | | |
RenaissanceRe Holdings Ltd.
|
| | | | 47,437 | | |
| | | 170 | | | |
RLI Corp.
|
| | | | 24,897 | | |
| | | 395 | | | |
Ryan Specialty Holdings Inc., Class A Shares*
|
| | | | 20,690 | | |
| | | 257 | | | |
Safety Insurance Group Inc.
|
| | | | 21,115 | | |
| | | 1,095 | | | |
Selective Insurance Group Inc.
|
| | | | 114,406 | | |
| | | 2,393 | | | |
Selectquote Inc.*
|
| | | | 4,642 | | |
| | | 1,257 | | | |
SiriusPoint Ltd.*
|
| | | | 15,423 | | |
| | | 61,633 | | | |
Skyward Specialty Insurance Group Inc.*
|
| | | | 2,255,151 | | |
| | | 477 | | | |
Stewart Information Services Corp.
|
| | | | 30,041 | | |
| | | 443 | | | |
Tiptree Inc.
|
| | | | 7,757 | | |
| | | 705 | | | |
Trupanion Inc.*
|
| | | | 18,859 | | |
| | | 388 | | | |
United Fire Group Inc.
|
| | | | 9,037 | | |
| | | 471 | | | |
Universal Insurance Holdings Inc.
|
| | | | 9,510 | | |
| | | 827 | | | |
Unum Group
|
| | | | 40,895 | | |
| | | 11 | | | |
White Mountains Insurance Group Ltd.
|
| | | | 19,420 | | |
| | | 16,627 | | | |
Willis Towers Watson PLC
|
| | | | 4,532,686 | | |
| | | 850 | | | |
WR Berkley Corp.
|
| | | | 71,060 | | |
| | | | | | |
Total Insurance
|
| | | | 44,852,840 | | |
| Investment Companies – 0.0% | | ||||||||||||
| | | 1,271 | | | |
Cannae Holdings Inc.*
|
| | | | 27,733 | | |
| | | 1,789 | | | |
FTAI Infrastructure Inc.
|
| | | | 8,194 | | |
| | | | | | |
Total Investment Companies
|
| | | | 35,927 | | |
| Private Equity – 0.4% | | ||||||||||||
| | | 892 | | | |
Carlyle Group Inc.
|
| | | | 40,898 | | |
| | | 298 | | | |
Chicago Atlantic Real Estate Finance Inc., REIT
|
| | | | 4,854 | | |
| | | 1,828 | | | |
Hannon Armstrong Sustainable Infrastructure Capital Inc., REIT
|
| | | | 46,011 | | |
| | | 33,437 | | | |
KKR & Co., Inc.
|
| | | | 3,285,520 | | |
| | | 786 | | | |
P10 Inc., Class A Shares
|
| | | | 7,286 | | |
| | | 977 | | | |
Patria Investments Ltd., Class A Shares
|
| | | | 14,557 | | |
| | | | | | |
Total Private Equity
|
| | | | 3,399,126 | | |
| Real Estate – 0.5% | | ||||||||||||
| | | 290 | | | |
Angel Oak Mortgage REIT Inc.
|
| | | | 3,036 | | |
| | | 1,949 | | | |
Anywhere Real Estate Inc.*
|
| | | | 12,220 | | |
| | | 1,252 | | | |
CBRE Group Inc., Class A Shares*
|
| | | | 115,046 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| FINANCIAL – (continued) | | ||||||||||||
| Real Estate – (continued) | | ||||||||||||
| | | 5,357 | | | |
Compass Inc., Class A Shares*
|
| | | $ | 21,160 | | |
| | | 2,957 | | | |
Cushman & Wakefield PLC*
|
| | | | 29,540 | | |
| | | 1,495 | | | |
Douglas Elliman Inc.
|
| | | | 2,751 | | |
| | | 1,270 | | | |
eXp World Holdings Inc.
|
| | | | 16,637 | | |
| | | 122 | | | |
FRP Holdings Inc.*
|
| | | | 7,344 | | |
| | | 146 | | | |
Howard Hughes Holdings Inc.*
|
| | | | 11,154 | | |
| | | 200 | | | |
Jones Lang LaSalle Inc.*
|
| | | | 38,048 | | |
| | | 2,118 | | | |
Kennedy-Wilson Holdings Inc.
|
| | | | 18,596 | | |
| | | 182 | | | |
Legacy Housing Corp.*
|
| | | | 4,681 | | |
| | | 428 | | | |
Marcus & Millichap Inc.
|
| | | | 15,703 | | |
| | | 190 | | | |
Maui Land & Pineapple Co., Inc.*
|
| | | | 3,718 | | |
| | | 435 | | | |
McGrath RentCorp
|
| | | | 54,149 | | |
| | | 354,016 | | | |
Newmark Group Inc., Class A Shares
|
| | | | 3,819,833 | | |
| | | 319 | | | |
RE/MAX Holdings Inc., Class A Shares
|
| | | | 2,721 | | |
| | | 1,913 | | | |
Redfin Corp.*
|
| | | | 13,592 | | |
| | | 285 | | | |
RMR Group Inc., Class A Shares
|
| | | | 6,974 | | |
| | | 609 | | | |
St Joe Co.
|
| | | | 32,807 | | |
| | | 227 | | | |
Star Holdings*
|
| | | | 2,803 | | |
| | | 128 | | | |
Stratus Properties Inc.*
|
| | | | 2,797 | | |
| | | | | | |
Total Real Estate
|
| | | | 4,235,310 | | |
| Savings & Loans – 0.0% | | ||||||||||||
| | | 1,004 | | | |
Axos Financial Inc.*
|
| | | | 52,329 | | |
| | | 2,359 | | | |
Banc of California Inc.
|
| | | | 34,512 | | |
| | | 790 | | | |
Berkshire Hills Bancorp Inc.
|
| | | | 16,977 | | |
| | | 1,569 | | | |
Brookline Bancorp Inc.
|
| | | | 15,329 | | |
| | | 2,315 | | | |
Capitol Federal Financial Inc.
|
| | | | 13,404 | | |
| | | 153 | | | |
ESSA Bancorp Inc.
|
| | | | 2,656 | | |
| | | 523 | | | |
Flushing Financial Corp.
|
| | | | 6,715 | | |
| | | 122 | | | |
FS Bancorp Inc.
|
| | | | 4,071 | | |
| | | 129 | | | |
Greene County Bancorp Inc.
|
| | | | 3,684 | | |
| | | 27 | | | |
Hingham Institution For Savings The
|
| | | | 4,535 | | |
| | | 131 | | | |
Home Bancorp Inc.
|
| | | | 4,814 | | |
| | | 290 | | | |
HomeTrust Bancshares Inc.
|
| | | | 7,613 | | |
| | | 3,002 | | | |
New York Community Bancorp Inc.
|
| | | | 14,380 | | |
| | | 766 | | | |
Northfield Bancorp Inc.
|
| | | | 7,737 | | |
| | | 2,265 | | | |
Northwest Bancshares Inc.
|
| | | | 25,957 | | |
| | | 1,045 | | | |
OceanFirst Financial Corp.
|
| | | | 15,884 | | |
| | | 1,677 | | | |
Pacific Premier Bancorp Inc.
|
| | | | 38,336 | | |
| | | 1,309 | | | |
Provident Financial Services Inc.
|
| | | | 19,740 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| FINANCIAL – (continued) | | ||||||||||||
| Savings & Loans – (continued) | | ||||||||||||
| | | 160 | | | |
Southern Missouri Bancorp Inc.
|
| | | $ | 6,861 | | |
| | | 210 | | | |
TFS Financial Corp.
|
| | | | 2,678 | | |
| | | 138 | | | |
Timberland Bancorp Inc.
|
| | | | 3,616 | | |
| | | 1,260 | | | |
WaFd Inc.
|
| | | | 34,322 | | |
| | | 338 | | | |
Waterstone Financial Inc.
|
| | | | 4,276 | | |
| | | 1,081 | | | |
WSFS Financial Corp.
|
| | | | 45,824 | | |
| | | | | | |
Total Savings & Loans
|
| | | | 386,250 | | |
| | | | | | |
TOTAL FINANCIAL
|
| | | | 164,494,419 | | |
| GOVERNMENT – 0.0% | | ||||||||||||
| Multi-National – 0.0% | | ||||||||||||
| | | 499 | | | |
Banco Latinoamericano de Comercio Exterior SA, Class E Shares
|
| | | | 13,957 | | |
| INDUSTRIAL – 21.6% | | ||||||||||||
| Aerospace/Defense – 1.8% | | ||||||||||||
| | | 10,338 | | | |
AAR Corp.*
|
| | | | 690,372 | | |
| | | 9,854 | | | |
AeroVironment Inc.*
|
| | | | 1,249,389 | | |
| | | 474 | | | |
AerSale Corp.*
|
| | | | 4,190 | | |
| | | 2,745 | | | |
Archer Aviation Inc., Class A Shares*
|
| | | | 13,258 | | |
| | | 478 | | | |
Astronics Corp.*
|
| | | | 9,163 | | |
| | | 868 | | | |
Barnes Group Inc.
|
| | | | 30,328 | | |
| | | 3,808 | | | |
Curtiss-Wright Corp.
|
| | | | 899,716 | | |
| | | 237 | | | |
Ducommun Inc.*
|
| | | | 11,310 | | |
| | | 414 | | | |
Eve Holding Inc.*
|
| | | | 2,298 | | |
| | | 190 | | | |
HEICO Corp.
|
| | | | 36,746 | | |
| | | 336 | | | |
HEICO Corp., Class A Shares
|
| | | | 52,278 | | |
| | | 29,744 | | | |
Hexcel Corp.
|
| | | | 2,214,738 | | |
| | | 29,989 | | | |
Howmet Aerospace Inc.
|
| | | | 1,995,768 | | |
| | | 4,933 | | | |
Joby Aviation Inc.*
|
| | | | 27,723 | | |
| | | 512 | | | |
Kaman Corp.
|
| | | | 23,455 | | |
| | | 56,758 | | | |
Kratos Defense & Security Solutions Inc.*
|
| | | | 1,035,266 | | |
| | | 20,200 | | | |
L3Harris Technologies Inc.
|
| | | | 4,275,532 | | |
| | | 52,086 | | | |
Leonardo DRS Inc.*
|
| | | | 1,182,873 | | |
| | | 217 | | | |
Mercury Systems Inc.*
|
| | | | 6,482 | | |
| | | 4,944 | | | |
Moog Inc., Class A Shares
|
| | | | 741,353 | | |
| | | 95 | | | |
National Presto Industries Inc.
|
| | | | 7,346 | | |
| | | 4,959 | | | |
Rocket Lab USA Inc.*(b)
|
| | | | 22,737 | | |
| | | 459 | | | |
Spirit AeroSystems Holdings Inc., Class A Shares*
|
| | | | 13,127 | | |
| | | 218 | | | |
TransDigm Group Inc.
|
| | | | 256,747 | | |
| | | 37,367 | | | |
Triumph Group Inc.*
|
| | | | 519,401 | | |
| | | | | | |
Total Aerospace/Defense
|
| | | | 15,321,596 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| INDUSTRIAL – (continued) | | ||||||||||||
| Building Materials – 4.0% | | ||||||||||||
| | | 13,834 | | | |
AAON Inc.
|
| | | $ | 1,161,779 | | |
| | | 292 | | | |
American Woodmark Corp.*
|
| | | | 29,270 | | |
| | | 395 | | | |
Apogee Enterprises Inc.
|
| | | | 22,598 | | |
| | | 192 | | | |
Armstrong World Industries Inc.
|
| | | | 23,157 | | |
| | | 61,691 | | | |
Aspen Aerogels Inc.*
|
| | | | 1,059,851 | | |
| | | 77,328 | | | |
AZEK Co., Inc., Class A Shares*
|
| | | | 3,720,250 | | |
| | | 10,244 | | | |
Boise Cascade Co.
|
| | | | 1,392,262 | | |
| | | 507 | | | |
Builders FirstSource Inc.*
|
| | | | 98,956 | | |
| | | 81,580 | | | |
Carrier Global Corp.
|
| | | | 4,534,216 | | |
| | | 149 | | | |
Eagle Materials Inc.
|
| | | | 37,779 | | |
| | | 533 | | | |
Fortune Brands Innovations Inc.
|
| | | | 43,354 | | |
| | | 15,731 | | | |
Gibraltar Industries Inc.*
|
| | | | 1,218,366 | | |
| | | 777 | | | |
Griffon Corp.
|
| | | | 55,478 | | |
| | | 581 | | | |
Hayward Holdings Inc.*
|
| | | | 8,593 | | |
| | | 1,517 | | | |
JELD-WEN Holding Inc.*
|
| | | | 27,609 | | |
| | | 33,175 | | | |
Knife River Corp.*
|
| | | | 2,457,936 | | |
| | | 134 | | | |
Lennox International Inc.
|
| | | | 63,142 | | |
| | | 50,075 | | | |
Louisiana-Pacific Corp.
|
| | | | 3,704,048 | | |
| | | 482 | | | |
LSI Industries Inc.
|
| | | | 6,955 | | |
| | | 258 | | | |
Martin Marietta Materials Inc.
|
| | | | 149,049 | | |
| | | 944 | | | |
Masco Corp.
|
| | | | 72,461 | | |
| | | 21,363 | | | |
Masonite International Corp.*
|
| | | | 2,782,317 | | |
| | | 2,299 | | | |
Masterbrand Inc.*
|
| | | | 39,796 | | |
| | | 862 | | | |
MDU Resources Group Inc.
|
| | | | 18,688 | | |
| | | 53,538 | | | |
Modine Manufacturing Co.*
|
| | | | 4,802,894 | | |
| | | 225 | | | |
Mohawk Industries Inc.*
|
| | | | 26,690 | | |
| | | 20,977 | | | |
Owens Corning
|
| | | | 3,141,935 | | |
| | | 1,006 | | | |
PGT Innovations Inc.*
|
| | | | 42,021 | | |
| | | 4,814 | | | |
Simpson Manufacturing Co., Inc.
|
| | | | 1,004,586 | | |
| | | 3,367 | | | |
SmartRent Inc., Class A Shares*
|
| | | | 9,764 | | |
| | | 15,106 | | | |
SPX Technologies Inc.*
|
| | | | 1,770,272 | | |
| | | 2,100 | | | |
Summit Materials Inc., Class A Shares*
|
| | | | 89,691 | | |
| | | 940 | | | |
Trane Technologies PLC
|
| | | | 265,052 | | |
| | | 459 | | | |
Trex Co., Inc.*
|
| | | | 42,118 | | |
| | | 1,091 | | | |
UFP Industries Inc.
|
| | | | 125,061 | | |
| | | 554 | | | |
Vulcan Materials Co.
|
| | | | 147,281 | | |
| | | | | | |
Total Building Materials
|
| | | | 34,195,275 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| INDUSTRIAL – (continued) | | ||||||||||||
| Electrical Components & Equipment – 0.3% | | ||||||||||||
| | | 132 | | | |
Acuity Brands Inc.
|
| | | $ | 33,164 | | |
| | | 53,880 | | | |
American Superconductor Corp.*
|
| | | | 724,686 | | |
| | | 961 | | | |
AMETEK Inc.
|
| | | | 173,153 | | |
| | | 14,235 | | | |
Belden Inc.
|
| | | | 1,212,537 | | |
| | | 1,005 | | | |
Blink Charging Co.*
|
| | | | 3,196 | | |
| | | 1,326 | | | |
ChargePoint Holdings Inc.*
|
| | | | 2,745 | | |
| | | 271 | | | |
Encore Wire Corp.
|
| | | | 65,311 | | |
| | | 1,265 | | | |
Energizer Holdings Inc.
|
| | | | 36,116 | | |
| | | 725 | | | |
EnerSys
|
| | | | 66,613 | | |
| | | 1,684 | | | |
ESS Tech Inc.*
|
| | | | 1,463 | | |
| | | 257 | | | |
Generac Holdings Inc.*
|
| | | | 28,915 | | |
| | | 339 | | | |
Insteel Industries Inc.
|
| | | | 12,343 | | |
| | | 102 | | | |
Littelfuse Inc.
|
| | | | 24,301 | | |
| | | 808 | | | |
nLight Inc.*
|
| | | | 10,690 | | |
| | | 652 | | | |
Novanta Inc.*
|
| | | | 112,757 | | |
| | | 165 | | | |
Powell Industries Inc.
|
| | | | 30,565 | | |
| | | 197 | | | |
Universal Display Corp.
|
| | | | 34,361 | | |
| | | | | | |
Total Electrical Components & Equipment
|
| | | | 2,572,916 | | |
| Electronics – 2.7% | | ||||||||||||
| | | 661 | | | |
Advanced Energy Industries Inc.
|
| | | | 66,893 | | |
| | | 369 | | | |
Allegion PLC
|
| | | | 47,184 | | |
| | | 239 | | | |
Allient Inc.
|
| | | | 6,792 | | |
| | | 2,407 | | | |
Amphenol Corp., Class A Shares
|
| | | | 262,941 | | |
| | | 170,684 | | | |
Applied Optoelectronics Inc.*
|
| | | | 2,727,530 | | |
| | | 242 | | | |
Arrow Electronics Inc.*
|
| | | | 28,435 | | |
| | | 678 | | | |
Atkore Inc.
|
| | | | 114,853 | | |
| | | 306 | | | |
Atmus Filtration Technologies Inc.*(b)
|
| | | | 7,304 | | |
| | | 387 | | | |
Avnet Inc.
|
| | | | 18,030 | | |
| | | 3,244 | | | |
Badger Meter Inc.
|
| | | | 514,790 | | |
| | | 191 | | | |
Bel Fuse Inc., Class B Shares
|
| | | | 9,926 | | |
| | | 634 | | | |
Benchmark Electronics Inc.
|
| | | | 19,470 | | |
| | | 67,779 | | | |
Camtek Ltd.*
|
| | | | 5,394,531 | | |
| | | 508 | | | |
Coherent Corp.*
|
| | | | 30,216 | | |
| | | 498 | | | |
Comtech Telecommunications Corp.*
|
| | | | 3,367 | | |
| | | 557 | | | |
CTS Corp.
|
| | | | 24,820 | | |
| | | 109,979 | | | |
Enovix Corp.*(b)
|
| | | | 1,072,295 | | |
| | | 451 | | | |
ESCO Technologies Inc.
|
| | | | 45,952 | | |
| | | 2,051 | | | |
Evolv Technologies Holdings Inc.*
|
| | | | 9,783 | | |
| | | 343 | | | |
FARO Technologies Inc.*
|
| | | | 7,680 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| INDUSTRIAL – (continued) | | ||||||||||||
| Electronics – (continued) | | ||||||||||||
| | | 44,179 | | | |
Fortive Corp.
|
| | | $ | 3,760,958 | | |
| | | 644 | | | |
Garmin Ltd.
|
| | | | 88,453 | | |
| | | 2,389 | | | |
GoPro Inc., Class A Shares*
|
| | | | 5,590 | | |
| | | 7,124 | | | |
Hubbell Inc., Class B Shares
|
| | | | 2,711,893 | | |
| | | 803 | | | |
Itron Inc.*
|
| | | | 74,422 | | |
| | | 31,214 | | | |
Jabil Inc.
|
| | | | 4,497,625 | | |
| | | 742 | | | |
Keysight Technologies Inc.*
|
| | | | 114,491 | | |
| | | 433 | | | |
Kimball Electronics Inc.*
|
| | | | 9,747 | | |
| | | 1,597 | | | |
Knowles Corp.*
|
| | | | 26,095 | | |
| | | 94 | | | |
Mesa Laboratories Inc.
|
| | | | 10,264 | | |
| | | 91 | | | |
Mettler-Toledo International Inc.*
|
| | | | 113,497 | | |
| | | 3,275 | | | |
MicroVision Inc.*(b)
|
| | | | 7,729 | | |
| | | 3,553 | | | |
Mirion Technologies Inc., Class A Shares*
|
| | | | 34,748 | | |
| | | 569 | | | |
Napco Security Technologies Inc.
|
| | | | 25,622 | | |
| | | 21,769 | | | |
NEXTracker Inc., Class A Shares*
|
| | | | 1,224,289 | | |
| | | 88 | | | |
NVE Corp.
|
| | | | 7,356 | | |
| | | 693 | | | |
nVent Electric PLC
|
| | | | 46,653 | | |
| | | 280 | | | |
OSI Systems Inc.*
|
| | | | 36,730 | | |
| | | 484 | | | |
Plexus Corp.*
|
| | | | 45,690 | | |
| | | 1,015 | | | |
Sanmina Corp.*
|
| | | | 64,148 | | |
| | | 639 | | | |
Sensata Technologies Holding PLC
|
| | | | 21,994 | | |
| | | 482 | | | |
Stoneridge Inc.*
|
| | | | 8,469 | | |
| | | 240 | | | |
TD SYNNEX Corp.
|
| | | | 24,936 | | |
| | | 1,034 | | | |
Trimble Inc.*
|
| | | | 63,270 | | |
| | | 1,818 | | | |
TTM Technologies Inc.*
|
| | | | 26,997 | | |
| | | 275 | | | |
Turtle Beach Corp.*
|
| | | | 2,937 | | |
| | | 394 | | | |
Vicor Corp.*
|
| | | | 14,673 | | |
| | | 2,270 | | | |
Vishay Intertechnology Inc.
|
| | | | 49,373 | | |
| | | 661 | | | |
Vontier Corp.
|
| | | | 28,423 | | |
| | | 250 | | | |
Woodward Inc.
|
| | | | 35,373 | | |
| | | | | | |
Total Electronics
|
| | | | 23,595,237 | | |
| Engineering & Construction – 2.2% | | ||||||||||||
| | | 502 | | | |
908 Devices Inc.*
|
| | | | 3,690 | | |
| | | 550 | | | |
AECOM
|
| | | | 48,857 | | |
| | | 7,564 | | | |
Arcosa Inc.
|
| | | | 627,812 | | |
| | | 190 | | | |
Bowman Consulting Group Ltd., Class A Shares*
|
| | | | 6,188 | | |
| | | 7,083 | | | |
Comfort Systems USA Inc.
|
| | | | 2,165,486 | | |
| | | 473 | | | |
Concrete Pumping Holdings Inc.*
|
| | | | 3,874 | | |
| | | 20,413 | | | |
Construction Partners Inc., Class A Shares*
|
| | | | 981,457 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| INDUSTRIAL – (continued) | | ||||||||||||
| Engineering & Construction – (continued) | | ||||||||||||
| | | 505 | | | |
Dycom Industries Inc.*
|
| | | $ | 63,877 | | |
| | | 18,754 | | | |
EMCOR Group Inc.
|
| | | | 5,879,754 | | |
| | | 890 | | | |
Exponent Inc.
|
| | | | 71,992 | | |
| | | 19,914 | | | |
Fluor Corp.*
|
| | | | 732,835 | | |
| | | 1,451 | | | |
Frontdoor Inc.*
|
| | | | 45,503 | | |
| | | 781 | | | |
Granite Construction Inc.
|
| | | | 40,245 | | |
| | | 1,197 | | | |
Great Lakes Dredge & Dock Corp.*
|
| | | | 10,701 | | |
| | | 149 | | | |
IES Holdings Inc.*
|
| | | | 16,378 | | |
| | | 786 | | | |
Iteris Inc.*
|
| | | | 4,103 | | |
| | | 26,927 | | | |
Jacobs Solutions Inc.
|
| | | | 3,948,845 | | |
| | | 1,034 | | | |
Latham Group Inc.*
|
| | | | 3,505 | | |
| | | 167 | | | |
Limbach Holdings Inc.*
|
| | | | 8,223 | | |
| | | 265 | | | |
MasTec Inc.*
|
| | | | 19,997 | | |
| | | 367 | | | |
Mistras Group Inc.*
|
| | | | 3,175 | | |
| | | 6,709 | | | |
MYR Group Inc.*
|
| | | | 1,089,944 | | |
| | | 244 | | | |
NV5 Global Inc.*
|
| | | | 24,817 | | |
| | | 940 | | | |
Primoris Services Corp.
|
| | | | 37,139 | | |
| | | 27,171 | | | |
Sterling Infrastructure Inc.*
|
| | | | 2,897,515 | | |
| | | 134 | | | |
TopBuild Corp.*
|
| | | | 53,919 | | |
| | | 792 | | | |
Tutor Perini Corp.*
|
| | | | 8,973 | | |
| | | | | | |
Total Engineering & Construction
|
| | | | 18,798,804 | | |
| Environmental Control – 0.9% | | ||||||||||||
| | | 992 | | | |
Casella Waste Systems Inc., Class A Shares*
|
| | | | 89,379 | | |
| | | 23,495 | | | |
CECO Environmental Corp.*
|
| | | | 532,162 | | |
| | | 21,324 | | | |
Clean Harbors Inc.*
|
| | | | 3,883,100 | | |
| | | 992 | | | |
Energy Recovery Inc.*
|
| | | | 15,505 | | |
| | | 88,133 | | | |
Enviri Corp.*
|
| | | | 692,725 | | |
| | | 2,524 | | | |
Li-Cycle Holdings Corp.*
|
| | | | 909 | | |
| | | 14,527 | | | |
Montrose Environmental Group Inc.*
|
| | | | 601,127 | | |
| | | 690 | | | |
Pentair PLC
|
| | | | 53,675 | | |
| | | 359 | | | |
Pure Cycle Corp.*
|
| | | | 3,579 | | |
| | | 2,103 | | | |
PureCycle Technologies Inc.*(b)
|
| | | | 12,176 | | |
| | | 864 | | | |
Republic Services Inc., Class A Shares
|
| | | | 158,630 | | |
| | | 392 | | | |
Stericycle Inc.*
|
| | | | 21,321 | | |
| | | 7,729 | | | |
Tetra Tech Inc.
|
| | | | 1,370,506 | | |
| | | | | | |
Total Environmental Control
|
| | | | 7,434,794 | | |
| Hand/Machine Tools – 1.2% | | ||||||||||||
| | | 354 | | | |
Cadre Holdings Inc.
|
| | | | 12,719 | | |
| | | 56,437 | | | |
Enerpac Tool Group Corp., Class A Shares
|
| | | | 1,902,491 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| INDUSTRIAL – (continued) | | ||||||||||||
| Hand/Machine Tools – (continued) | | ||||||||||||
| | | 812 | | | |
Franklin Electric Co., Inc.
|
| | | $ | 84,416 | | |
| | | 1,425 | | | |
Kennametal Inc.
|
| | | | 35,967 | | |
| | | 235 | | | |
Lincoln Electric Holdings Inc.
|
| | | | 60,301 | | |
| | | 509 | | | |
Luxfer Holdings PLC, ADR
|
| | | | 5,049 | | |
| | | 3,342 | | | |
MSA Safety Inc.
|
| | | | 615,429 | | |
| | | 42,685 | | | |
Regal Rexnord Corp.
|
| | | | 7,320,051 | | |
| | | 218 | | | |
Snap-on Inc.
|
| | | | 60,094 | | |
| | | 643 | | | |
Stanley Black & Decker Inc.
|
| | | | 57,414 | | |
| | | | | | |
Total Hand/Machine Tools
|
| | | | 10,153,931 | | |
| Machinery-Construction & Mining – 0.3% | | ||||||||||||
| | | 230 | | | |
Argan Inc.
|
| | | | 10,778 | | |
| | | 406 | | | |
Astec Industries Inc.
|
| | | | 16,484 | | |
| | | 1,077 | | | |
Babcock & Wilcox Enterprises Inc.*
|
| | | | 1,379 | | |
| | | 3,398 | | | |
Bloom Energy Corp., Class A Shares*
|
| | | | 29,800 | | |
| | | 22,769 | | | |
BWX Technologies Inc.
|
| | | | 2,295,798 | | |
| | | 199 | | | |
Hyster-Yale Materials Handling Inc.
|
| | | | 11,717 | | |
| | | 635 | | | |
Manitowoc Co., Inc.*
|
| | | | 8,852 | | |
| | | 971 | | | |
NuScale Power Corp.*(b)
|
| | | | 3,010 | | |
| | | 276 | | | |
Oshkosh Corp.
|
| | | | 30,597 | | |
| | | 1,181 | | | |
Terex Corp.
|
| | | | 67,730 | | |
| | | 528 | | | |
Transphorm Inc.*
|
| | | | 2,540 | | |
| | | 1,440 | | | |
Vertiv Holdings Co., Class A Shares
|
| | | | 97,373 | | |
| | | | | | |
Total Machinery-Construction & Mining
|
| | | | 2,576,058 | | |
| Machinery-Diversified – 3.0% | | ||||||||||||
| | | 264 | | | |
AGCO Corp.
|
| | | | 28,961 | | |
| | | 179 | | | |
Alamo Group Inc.
|
| | | | 36,210 | | |
| | | 551 | | | |
Albany International Corp., Class A Shares
|
| | | | 51,722 | | |
| | | 8,497 | | | |
Applied Industrial Technologies Inc.
|
| | | | 1,613,495 | | |
| | | 53,816 | | | |
Cactus Inc., Class A Shares
|
| | | | 2,470,154 | | |
| | | 782 | | | |
Chart Industries Inc.*
|
| | | | 111,717 | | |
| | | 4,105 | | | |
CNH Industrial NV
|
| | | | 49,055 | | |
| | | 729 | | | |
Cognex Corp.
|
| | | | 28,759 | | |
| | | 504 | | | |
Columbus McKinnon Corp.
|
| | | | 21,052 | | |
| | | 7,560 | | | |
Crane Co.
|
| | | | 918,994 | | |
| | | 272 | | | |
CSW Industrials Inc.
|
| | | | 62,666 | | |
| | | 29,084 | | | |
Dover Corp.
|
| | | | 4,809,912 | | |
| | | 258 | | | |
DXP Enterprises Inc.*
|
| | | | 9,164 | | |
| | | 1,039 | | | |
Eastman Kodak Co.*
|
| | | | 5,548 | | |
| | | 241 | | | |
ESAB Corp.
|
| | | | 23,888 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| INDUSTRIAL – (continued) | | ||||||||||||
| Machinery-Diversified – (continued) | | ||||||||||||
| | | 555 | | | |
Flowserve Corp.
|
| | | $ | 23,488 | | |
| | | 227,450 | | | |
Gates Industrial Corp. PLC*
|
| | | | 3,348,064 | | |
| | | 241 | | | |
Gencor Industries Inc.*
|
| | | | 3,950 | | |
| | | 412 | | | |
Gorman-Rupp Co.
|
| | | | 15,380 | | |
| | | 702 | | | |
Graco Inc.
|
| | | | 64,065 | | |
| | | 3,490 | | | |
GrafTech International Ltd.
|
| | | | 6,142 | | |
| | | 511 | | | |
Ichor Holdings Ltd.*
|
| | | | 21,871 | | |
| | | 17,817 | | | |
IDEX Corp.
|
| | | | 4,203,030 | | |
| | | 1,693 | | | |
Ingersoll Rand Inc.
|
| | | | 154,622 | | |
| | | 653 | | | |
Intevac Inc.*
|
| | | | 2,521 | | |
| | | 206 | | | |
Kadant Inc.
|
| | | | 69,484 | | |
| | | 197 | | | |
Lindsay Corp.
|
| | | | 23,504 | | |
| | | 225 | | | |
Middleby Corp.*
|
| | | | 34,236 | | |
| | | 2,743 | | | |
Mueller Water Products Inc., Class A Shares
|
| | | | 42,654 | | |
| | | 240 | | | |
Nordson Corp.
|
| | | | 63,756 | | |
| | | 1,728 | | | |
Otis Worldwide Corp.
|
| | | | 164,678 | | |
| | | 11,780 | | | |
Rockwell Automation Inc.
|
| | | | 3,358,242 | | |
| | | 329 | | | |
Tennant Co.
|
| | | | 37,240 | | |
| | | 598 | | | |
Thermon Group Holdings Inc.*
|
| | | | 16,319 | | |
| | | 438 | | | |
Toro Co.
|
| | | | 40,432 | | |
| | | 499 | | | |
Watts Water Technologies Inc., Class A Shares
|
| | | | 101,771 | | |
| | | 747 | | | |
Westinghouse Air Brake Technologies Corp.
|
| | | | 105,544 | | |
| | | 20,793 | | | |
Xylem Inc.
|
| | | | 2,641,751 | | |
| | | 28,532 | | | |
Zurn Elkay Water Solutions Corp.
|
| | | | 905,891 | | |
| | | | | | |
Total Machinery-Diversified
|
| | | | 25,689,932 | | |
| Metal Fabricate/Hardware – 0.8% | | ||||||||||||
| | | 287 | | | |
Advanced Drainage Systems Inc.
|
| | | | 46,850 | | |
| | | 442 | | | |
AZZ Inc.
|
| | | | 32,178 | | |
| | | 580 | | | |
Helios Technologies Inc.
|
| | | | 25,607 | | |
| | | 3,460 | | | |
Hillman Solutions Corp.*
|
| | | | 33,700 | | |
| | | 1,521 | | | |
Janus International Group Inc.*
|
| | | | 21,826 | | |
| | | 260 | | | |
Mayville Engineering Co., Inc.*
|
| | | | 3,182 | | |
| | | 778 | | | |
Metallus Inc.*
|
| | | | 16,922 | | |
| | | 2,042 | | | |
Mueller Industries Inc.
|
| | | | 104,918 | | |
| | | 178 | | | |
Northwest Pipe Co.*
|
| | | | 5,310 | | |
| | | 179 | | | |
Olympic Steel Inc.
|
| | | | 12,176 | | |
| | | 59 | | | |
Omega Flex Inc.
|
| | | | 4,109 | | |
| | | 155 | | | |
Park-Ohio Holdings Corp.
|
| | | | 4,163 | | |
| | | 475 | | | |
Proto Labs Inc.*
|
| | | | 17,304 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| INDUSTRIAL – (continued) | | ||||||||||||
| Metal Fabricate/Hardware – (continued) | | ||||||||||||
| | | 119 | | | |
RBC Bearings Inc.*
|
| | | $ | 32,467 | | |
| | | 434 | | | |
Ryerson Holding Corp.
|
| | | | 13,706 | | |
| | | 24,583 | | | |
Standex International Corp.
|
| | | | 4,252,859 | | |
| | | 266 | | | |
Timken Co.
|
| | | | 22,341 | | |
| | | 464 | | | |
Tredegar Corp.
|
| | | | 2,018 | | |
| | | 10,065 | | | |
Valmont Industries Inc.
|
| | | | 2,133,075 | | |
| | | 544 | | | |
Worthington Enterprises Inc.
|
| | | | 33,793 | | |
| | | 616 | | | |
Xometry Inc., Class A Shares*
|
| | | | 12,049 | | |
| | | | | | |
Total Metal Fabricate/Hardware
|
| | | | 6,830,553 | | |
| Miscellaneous Manufacturers – 2.1% | | ||||||||||||
| | | 1,659 | | | |
AMMO Inc.*
|
| | | | 3,948 | | |
| | | 517 | | | |
AO Smith Corp.
|
| | | | 42,859 | | |
| | | 8,492 | | | |
Axon Enterprise Inc.*
|
| | | | 2,610,186 | | |
| | | 200 | | | |
Carlisle Cos., Inc.
|
| | | | 70,000 | | |
| | | 141 | | | |
Core Molding Technologies Inc.*
|
| | | | 2,590 | | |
| | | 511 | | | |
Donaldson Co., Inc.
|
| | | | 36,598 | | |
| | | 24,933 | | | |
Enpro Inc.
|
| | | | 3,885,060 | | |
| | | 4,125 | | | |
Fabrinet*
|
| | | | 889,226 | | |
| | | 34,553 | | | |
Federal Signal Corp.
|
| | | | 2,830,236 | | |
| | | 1,216 | | | |
Hillenbrand Inc.
|
| | | | 57,821 | | |
| | | 36,508 | | | |
ITT Inc.
|
| | | | 4,605,119 | | |
| | | 560 | | | |
John Bean Technologies Corp.
|
| | | | 56,829 | | |
| | | 999 | | | |
LSB Industries Inc.*
|
| | | | 7,353 | | |
| | | 363 | | | |
Materion Corp.
|
| | | | 48,758 | | |
| | | 660 | | | |
Myers Industries Inc.
|
| | | | 12,692 | | |
| | | 336 | | | |
Park Aerospace Corp.
|
| | | | 5,114 | | |
| | | 5,227 | | | |
Parker-Hannifin Corp.
|
| | | | 2,798,797 | | |
| | | 829 | | | |
Smith & Wesson Brands Inc.
|
| | | | 11,382 | | |
| | | 313 | | | |
Sturm Ruger & Co., Inc.
|
| | | | 13,559 | | |
| | | 195 | | | |
Teledyne Technologies Inc.*
|
| | | | 83,318 | | |
| | | 829 | | | |
Textron Inc.
|
| | | | 73,839 | | |
| | | 1,436 | | | |
Trinity Industries Inc.
|
| | | | 36,446 | | |
| | | | | | |
Total Miscellaneous Manufacturers
|
| | | | 18,181,730 | | |
| Packaging & Containers – 0.5% | | ||||||||||||
| | | 5,945 | | | |
Amcor PLC
|
| | | | 53,862 | | |
| | | 276 | | | |
AptarGroup Inc.
|
| | | | 38,767 | | |
| | | 602 | | | |
Ardagh Metal Packaging SA
|
| | | | 1,975 | | |
| | | 1,292 | | | |
Ball Corp.
|
| | | | 82,714 | | |
| | | 503 | | | |
Berry Global Group Inc.
|
| | | | 29,280 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| INDUSTRIAL – (continued) | | ||||||||||||
| Packaging & Containers – (continued) | | ||||||||||||
| | | 304 | | | |
Clearwater Paper Corp.*
|
| | | $ | 11,944 | | |
| | | 446 | | | |
Crown Holdings Inc.
|
| | | | 34,173 | | |
| | | 1,286 | | | |
Graphic Packaging Holding Co.
|
| | | | 33,372 | | |
| | | 431 | | | |
Greif Inc., Class A Shares
|
| | | | 27,782 | | |
| | | 96 | | | |
Greif Inc., Class B Shares
|
| | | | 6,146 | | |
| | | 140 | | | |
Karat Packaging Inc.
|
| | | | 4,143 | | |
| | | 123,905 | | | |
O-I Glass Inc.*
|
| | | | 2,096,473 | | |
| | | 371 | | | |
Packaging Corp. of America
|
| | | | 67,222 | | |
| | | 748 | | | |
Pactiv Evergreen Inc.
|
| | | | 11,033 | | |
| | | 793 | | | |
Ranpak Holdings Corp., Class A Shares*
|
| | | | 3,767 | | |
| | | 611 | | | |
Sealed Air Corp.
|
| | | | 21,306 | | |
| | | 32,205 | | | |
Silgan Holdings Inc.
|
| | | | 1,414,122 | | |
| | | 414 | | | |
Sonoco Products Co.
|
| | | | 23,466 | | |
| | | 741 | | | |
TriMas Corp.
|
| | | | 17,414 | | |
| | | 1,069 | | | |
WestRock Co.
|
| | | | 48,415 | | |
| | | | | | |
Total Packaging & Containers
|
| | | | 4,027,376 | | |
| Shipbuilding – 0.0% | | ||||||||||||
| | | 165 | | | |
Huntington Ingalls Industries Inc.
|
| | | | 48,117 | | |
| Transportation – 1.7% | | ||||||||||||
| | | 1,003 | | | |
Air Transport Services Group Inc.*
|
| | | | 12,106 | | |
| | | 12,362 | | | |
ArcBest Corp.
|
| | | | 1,766,035 | | |
| | | 748 | | | |
Ardmore Shipping Corp.
|
| | | | 12,140 | | |
| | | 483 | | | |
CH Robinson Worldwide Inc.
|
| | | | 35,781 | | |
| | | 887 | | | |
Costamare Inc.
|
| | | | 10,085 | | |
| | | 154 | | | |
Covenant Logistics Group Inc., Class A Shares
|
| | | | 7,497 | | |
| | | 734 | | | |
CryoPort Inc.*
|
| | | | 12,970 | | |
| | | 744 | | | |
Daseke Inc.*
|
| | | | 6,138 | | |
| | | 2,437 | | | |
DHT Holdings Inc.
|
| | | | 26,368 | | |
| | | 573 | | | |
Dorian LPG Ltd.
|
| | | | 20,714 | | |
| | | 171 | | | |
Eagle Bulk Shipping Inc.
|
| | | | 10,477 | | |
| | | 607 | | | |
Expeditors International of Washington Inc.
|
| | | | 72,597 | | |
| | | 17,800 | | | |
FedEx Corp.
|
| | | | 4,431,666 | | |
| | | 534 | | | |
FLEX LNG Ltd.
|
| | | | 13,478 | | |
| | | 463 | | | |
Forward Air Corp.
|
| | | | 17,191 | | |
| | | 763 | | | |
Genco Shipping & Trading Ltd.
|
| | | | 15,565 | | |
| | | 2,200 | | | |
Golden Ocean Group Ltd.
|
| | | | 28,314 | | |
| | | 845 | | | |
Heartland Express Inc.
|
| | | | 10,799 | | |
| | | 643 | | | |
Himalaya Shipping Ltd.*
|
| | | | 5,073 | | |
| | | 1,108 | | | |
Hub Group Inc., Class A Shares*
|
| | | | 47,123 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| INDUSTRIAL – (continued) | | ||||||||||||
| Transportation – (continued) | | ||||||||||||
| | | 719 | | | |
International Seaways Inc.
|
| | | $ | 38,057 | | |
| | | 345 | | | |
JB Hunt Transport Services Inc.
|
| | | | 71,177 | | |
| | | 253 | | | |
Kirby Corp.*
|
| | | | 22,193 | | |
| | | 75,259 | | | |
Knight-Swift Transportation Holdings Inc., Class A Shares
|
| | | | 4,240,092 | | |
| | | 151 | | | |
Landstar System Inc.
|
| | | | 28,720 | | |
| | | 1,035 | | | |
Marten Transport Ltd.
|
| | | | 19,510 | | |
| | | 627 | | | |
Matson Inc.
|
| | | | 69,628 | | |
| | | 3,685 | | | |
Nordic American Tankers Ltd.
|
| | | | 14,998 | | |
| | | 412 | | | |
Old Dominion Freight Line Inc.
|
| | | | 182,302 | | |
| | | 1,147 | | | |
Overseas Shipholding Group Inc., Class A Shares
|
| | | | 6,974 | | |
| | | 152 | | | |
PAM Transportation Services Inc.*
|
| | | | 2,815 | | |
| | | 665 | | | |
Pangaea Logistics Solutions Ltd.
|
| | | | 5,573 | | |
| | | 667 | | | |
Radiant Logistics Inc.*
|
| | | | 3,869 | | |
| | | 2,051 | | | |
RXO Inc.*
|
| | | | 44,138 | | |
| | | 191 | | | |
Ryder System Inc.
|
| | | | 21,793 | | |
| | | 1,230 | | | |
Safe Bulkers Inc.
|
| | | | 5,707 | | |
| | | 5,013 | | | |
Saia Inc.*
|
| | | | 2,884,480 | | |
| | | 242 | | | |
Schneider National Inc., Class B Shares
|
| | | | 5,699 | | |
| | | 871 | | | |
Scorpio Tankers Inc.
|
| | | | 58,470 | | |
| | | 2,048 | | | |
SFL Corp., Ltd
|
| | | | 27,361 | | |
| | | 1,230 | | | |
Teekay Corp.*
|
| | | | 9,311 | | |
| | | 428 | | | |
Teekay Tankers Ltd., Class A Shares
|
| | | | 23,463 | | |
| | | 125 | | | |
Universal Logistics Holdings Inc.
|
| | | | 4,229 | | |
| | | 1,117 | | | |
Werner Enterprises Inc.
|
| | | | 44,836 | | |
| | | 1,096 | | | |
World Kinect Corp.
|
| | | | 26,699 | | |
| | | 480 | | | |
XPO Inc.*
|
| | | | 57,754 | | |
| | | | | | |
Total Transportation
|
| | | | 14,481,965 | | |
| Trucking & Leasing – 0.1% | | ||||||||||||
| | | 624 | | | |
GATX Corp.
|
| | | | 79,148 | | |
| | | 18,644 | | | |
Greenbrier Cos., Inc.
|
| | | | 964,827 | | |
| | | 73 | | | |
Willis Lease Finance Corp.*
|
| | | | 3,498 | | |
| | | | | | |
Total Trucking & Leasing
|
| | | | 1,047,473 | | |
| | | | | | |
TOTAL INDUSTRIAL
|
| | | | 184,955,757 | | |
| TECHNOLOGY – 8.9% | | ||||||||||||
| Computers – 2.8% | | ||||||||||||
| | | 2,312 | | | |
3D Systems Corp.*
|
| | | | 9,572 | | |
| | | 500 | | | |
Amdocs Ltd.
|
| | | | 45,600 | | |
| | | 847 | | | |
ASGN Inc.*
|
| | | | 84,124 | | |
| | | 9,527 | | | |
CACI International Inc., Class A Shares*
|
| | | | 3,571,196 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| TECHNOLOGY – (continued) | | ||||||||||||
| Computers – (continued) | | ||||||||||||
| | | 1,060 | | | |
Cantaloupe Inc.*
|
| | | $ | 6,890 | | |
| | | 2,123 | | | |
Cognizant Technology Solutions Corp., Class A Shares
|
| | | | 167,759 | | |
| | | 3,116 | | | |
Conduent Inc.*
|
| | | | 10,719 | | |
| | | 673 | | | |
Corsair Gaming Inc.*
|
| | | | 8,715 | | |
| | | 208 | | | |
Crane NXT Co.
|
| | | | 12,151 | | |
| | | 878 | | | |
Cricut Inc., Class A Shares
|
| | | | 4,241 | | |
| | | 881 | | | |
Crowdstrike Holdings Inc., Class A Shares*
|
| | | | 285,576 | | |
| | | 7,648 | | | |
CyberArk Software Ltd.*
|
| | | | 2,017,236 | | |
| | | 40,100 | | | |
Dell Technologies Inc., Class C Shares
|
| | | | 3,795,866 | | |
| | | 5,175 | | | |
Desktop Metal Inc., Class A Shares*
|
| | | | 3,166 | | |
| | | 894 | | | |
DXC Technology Co.*
|
| | | | 19,543 | | |
| | | 233 | | | |
EPAM Systems Inc.*
|
| | | | 70,925 | | |
| | | 70,113 | | | |
ExlService Holdings Inc.*
|
| | | | 2,181,917 | | |
| | | 758 | | | |
Genpact Ltd.
|
| | | | 25,772 | | |
| | | 174 | | | |
Globant SA*
|
| | | | 38,832 | | |
| | | 54,554 | | | |
Grid Dynamics Holdings Inc.*
|
| | | | 735,933 | | |
| | | 5,413 | | | |
Hewlett Packard Enterprise Co.
|
| | | | 82,440 | | |
| | | 3,616 | | | |
HP Inc.
|
| | | | 102,441 | | |
| | | 523 | | | |
Insight Enterprises Inc.*
|
| | | | 98,324 | | |
| | | 869 | | | |
Integral Ad Science Holding Corp.*
|
| | | | 9,003 | | |
| | | 570 | | | |
KBR Inc.
|
| | | | 34,217 | | |
| | | 972 | | | |
Kyndryl Holdings Inc.*
|
| | | | 21,355 | | |
| | | 573 | | | |
Leidos Holdings Inc.
|
| | | | 73,264 | | |
| | | 69,838 | | | |
Lumentum Holdings Inc.*
|
| | | | 3,385,048 | | |
| | | 1,068 | | | |
MAXIMUS Inc.
|
| | | | 89,349 | | |
| | | 782 | | | |
Mitek Systems Inc.*
|
| | | | 9,079 | | |
| | | 273 | | | |
NCR Atleos Corp.*
|
| | | | 5,940 | | |
| | | 546 | | | |
NCR Voyix Corp.*
|
| | | | 7,977 | | |
| | | 883 | | | |
NetApp Inc.
|
| | | | 78,693 | | |
| | | 1,206 | | | |
NetScout Systems Inc.*
|
| | | | 26,110 | | |
| | | 993 | | | |
NextNav Inc.*
|
| | | | 4,250 | | |
| | | 805 | | | |
OneSpan Inc.*
|
| | | | 7,736 | | |
| | | 475 | | | |
PAR Technology Corp.*
|
| | | | 20,815 | | |
| | | 728 | | | |
Parsons Corp.*
|
| | | | 58,684 | | |
| | | 671 | | | |
PlayAGS Inc.*
|
| | | | 6,227 | | |
| | | 1,183 | | | |
Pure Storage Inc., Class A Shares*
|
| | | | 62,285 | | |
| | | 676 | | | |
Qualys Inc.*
|
| | | | 116,177 | | |
| | | 1,057 | | | |
Rapid7 Inc.*
|
| | | | 61,919 | | |
| | | 1,184 | | | |
Rimini Street Inc.*
|
| | | | 3,824 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| TECHNOLOGY – (continued) | | ||||||||||||
| Computers – (continued) | | ||||||||||||
| | | 227 | | | |
Science Applications International Corp.
|
| | | $ | 31,771 | | |
| | | 6,665 | | | |
Super Micro Computer Inc.*
|
| | | | 5,772,690 | | |
| | | 2,081 | | | |
Tenable Holdings Inc.*
|
| | | | 100,221 | | |
| | | 1,712 | | | |
Thoughtworks Holding Inc.*
|
| | | | 5,341 | | |
| | | 354 | | | |
TTEC Holdings Inc.
|
| | | | 6,177 | | |
| | | 1,211 | | | |
Unisys Corp.*
|
| | | | 6,285 | | |
| | | 1,912 | | | |
Varonis Systems Inc., Class B Shares*
|
| | | | 97,130 | | |
| | | 1,078 | | | |
Vuzix Corp.*
|
| | | | 1,822 | | |
| | | 1,340 | | | |
Western Digital Corp.*
|
| | | | 79,690 | | |
| | | 366 | | | |
Zscaler Inc.*
|
| | | | 88,561 | | |
| | | | | | |
Total Computers
|
| | | | 23,650,578 | | |
| Office/Business Equipment – 0.0% | | ||||||||||||
| | | 3,178 | | | |
Pitney Bowes Inc.
|
| | | | 12,807 | | |
| | | 2,031 | | | |
Xerox Holdings Corp.
|
| | | | 37,878 | | |
| | | 215 | | | |
Zebra Technologies Corp., Class A Shares*
|
| | | | 60,088 | | |
| | | | | | |
Total Office/Business Equipment
|
| | | | 110,773 | | |
| Semiconductors – 3.1% | | ||||||||||||
| | | 861 | | | |
ACM Research Inc., Class A Shares*
|
| | | | 26,622 | | |
| | | 460 | | | |
Aehr Test Systems*
|
| | | | 7,484 | | |
| | | 324 | | | |
Allegro MicroSystems Inc.*
|
| | | | 10,203 | | |
| | | 418 | | | |
Alpha & Omega Semiconductor Ltd.*
|
| | | | 9,154 | | |
| | | 670 | | | |
Ambarella Inc.*
|
| | | | 37,420 | | |
| | | 2,025 | | | |
Amkor Technology Inc.
|
| | | | 62,815 | | |
| | | 373 | | | |
Atomera Inc.*
|
| | | | 2,350 | | |
| | | 572 | | | |
Axcelis Technologies Inc.*
|
| | | | 64,447 | | |
| | | 426 | | | |
CEVA Inc.*
|
| | | | 9,645 | | |
| | | 235 | | | |
Cirrus Logic Inc.*
|
| | | | 21,578 | | |
| | | 827 | | | |
Cohu Inc.*
|
| | | | 26,572 | | |
| | | 794 | | | |
Diodes Inc.*
|
| | | | 53,976 | | |
| | | 626 | | | |
Entegris Inc.
|
| | | | 84,109 | | |
| | | 1,360 | | | |
FormFactor Inc.*
|
| | | | 58,521 | | |
| | | 333 | | | |
GLOBALFOUNDRIES Inc.*
|
| | | | 18,205 | | |
| | | 409 | | | |
Impinj Inc.*
|
| | | | 44,671 | | |
| | | 188 | | | |
inTEST Corp.*
|
| | | | 2,196 | | |
| | | 129 | | | |
IPG Photonics Corp.*
|
| | | | 11,139 | | |
| | | 978 | | | |
Kulicke & Soffa Industries Inc.
|
| | | | 46,572 | | |
| | | 572 | | | |
Lattice Semiconductor Corp.*
|
| | | | 43,821 | | |
| | | 955 | | | |
MACOM Technology Solutions Holdings Inc.*
|
| | | | 84,355 | | |
| | | 78,928 | | | |
Marvell Technology Inc.
|
| | | | 5,655,980 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| TECHNOLOGY – (continued) | | ||||||||||||
| Semiconductors – (continued) | | ||||||||||||
| | | 1,321 | | | |
MaxLinear Inc., Class A Shares*
|
| | | $ | 25,680 | | |
| | | 61,647 | | | |
Microchip Technology Inc.
|
| | | | 5,186,979 | | |
| | | 23,681 | | | |
MKS Instruments Inc.
|
| | | | 2,907,080 | | |
| | | 190 | | | |
Monolithic Power Systems Inc.
|
| | | | 136,808 | | |
| | | 1,967 | | | |
Navitas Semiconductor Corp., Class A Shares*
|
| | | | 12,077 | | |
| | | 1,801 | | | |
ON Semiconductor Corp.*
|
| | | | 142,135 | | |
| | | 13,013 | | | |
Onto Innovation Inc.*
|
| | | | 2,396,474 | | |
| | | 1,086 | | | |
Photronics Inc.*
|
| | | | 31,266 | | |
| | | 58,098 | | | |
Power Integrations Inc.
|
| | | | 4,151,683 | | |
| | | 412 | | | |
Qorvo Inc.*
|
| | | | 47,195 | | |
| | | 1,982 | | | |
Rambus Inc.*
|
| | | | 117,414 | | |
| | | 211 | | | |
Richardson Electronics Ltd.
|
| | | | 1,855 | | |
| | | 1,133 | | | |
Semtech Corp.*
|
| | | | 24,020 | | |
| | | 17,052 | | | |
Silicon Laboratories Inc.*
|
| | | | 2,345,332 | | |
| | | 304 | | | |
SiTime Corp.*
|
| | | | 28,120 | | |
| | | 82,806 | | | |
SkyWater Technology Inc.*
|
| | | | 957,237 | | |
| | | 667 | | | |
Skyworks Solutions Inc.
|
| | | | 69,982 | | |
| | | 860 | | | |
SMART Global Holdings Inc.*
|
| | | | 18,292 | | |
| | | 694 | | | |
Synaptics Inc.*
|
| | | | 69,469 | | |
| | | 653 | | | |
Teradyne Inc.
|
| | | | 67,644 | | |
| | | 790 | | | |
Ultra Clean Holdings Inc.*
|
| | | | 34,128 | | |
| | | 41,813 | | | |
Veeco Instruments Inc.*
|
| | | | 1,514,049 | | |
| | | 228 | | | |
Vishay Precision Group Inc.*
|
| | | | 7,877 | | |
| | | 527 | | | |
Wolfspeed Inc.*
|
| | | | 13,713 | | |
| | | | | | |
Total Semiconductors
|
| | | | 26,688,344 | | |
| Software – 3.0% | | ||||||||||||
| | | 2,106 | | | |
8x8 Inc.*
|
| | | | 5,960 | | |
| | | 1,913 | | | |
ACI Worldwide Inc.*
|
| | | | 62,957 | | |
| | | 47,225 | | | |
ACV Auctions Inc., Class A Shares*
|
| | | | 838,244 | | |
| | | 1,906 | | | |
Adeia Inc.
|
| | | | 21,614 | | |
| | | 9,864 | | | |
Agilysys Inc.*
|
| | | | 767,419 | | |
| | | 615 | | | |
Akamai Technologies Inc.*
|
| | | | 68,216 | | |
| | | 1,542 | | | |
Alignment Healthcare Inc.*
|
| | | | 9,252 | | |
| | | 46,176 | | | |
Alkami Technology Inc.*
|
| | | | 1,152,091 | | |
| | | 989 | | | |
Altair Engineering Inc., Class A Shares*
|
| | | | 84,144 | | |
| | | 266 | | | |
Alteryx Inc., Class A Shares*
|
| | | | 12,779 | | |
| | | 598 | | | |
American Software Inc., Class A Shares
|
| | | | 6,710 | | |
| | | 1,217 | | | |
Amplitude Inc., Class A Shares*
|
| | | | 14,434 | | |
| | | 363 | | | |
ANSYS Inc.*
|
| | | | 121,304 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| TECHNOLOGY – (continued) | | ||||||||||||
| Software – (continued) | | ||||||||||||
| | | 4,985 | | | |
Appfolio Inc., Class A Shares*
|
| | | $ | 1,206,819 | | |
| | | 726 | | | |
Appian Corp., Class A Shares*
|
| | | | 25,301 | | |
| | | 885 | | | |
AppLovin Corp., Class A Shares*
|
| | | | 52,852 | | |
| | | 1,410 | | | |
Asana Inc., Class A Shares*
|
| | | | 27,777 | | |
| | | 118 | | | |
Aspen Technology Inc.*
|
| | | | 22,879 | | |
| | | 349 | | | |
Asure Software Inc.*
|
| | | | 3,253 | | |
| | | 2,738 | | | |
AvePoint Inc.*
|
| | | | 21,904 | | |
| | | 2,652 | | | |
AvidXchange Holdings Inc.*
|
| | | | 35,245 | | |
| | | 425 | | | |
Bandwidth Inc., Class A Shares*
|
| | | | 8,729 | | |
| | | 808 | | | |
Bentley Systems Inc., Class B Shares
|
| | | | 41,507 | | |
| | | 1,213 | | | |
BigCommerce Holdings Inc.*
|
| | | | 9,401 | | |
| | | 431 | | | |
BILL Holdings Inc.*
|
| | | | 27,295 | | |
| | | 767 | | | |
Blackbaud Inc.*
|
| | | | 53,061 | | |
| | | 992 | | | |
BlackLine Inc.*
|
| | | | 56,276 | | |
| | | 2,479 | | | |
Box Inc., Class A Shares*
|
| | | | 63,933 | | |
| | | 29,735 | | | |
Braze Inc., Class A Shares*
|
| | | | 1,691,921 | | |
| | | 1,199 | | | |
Brightcove Inc.*
|
| | | | 2,656 | | |
| | | 491 | | | |
Broadridge Financial Solutions Inc.
|
| | | | 99,958 | | |
| | | 1,464 | | | |
C3.ai Inc., Class A Shares*(b)
|
| | | | 54,124 | | |
| | | 619 | | | |
Cardlytics Inc.*
|
| | | | 5,132 | | |
| | | 868 | | | |
CCC Intelligent Solutions Holdings Inc.*
|
| | | | 10,164 | | |
| | | 724 | | | |
Cerence Inc.*
|
| | | | 10,788 | | |
| | | 1,478 | | | |
Clear Secure Inc., Class A Shares
|
| | | | 28,451 | | |
| | | 77 | | | |
Climb Global Solutions Inc.
|
| | | | 5,234 | | |
| | | 1,205 | | | |
Cloudflare Inc., Class A Shares*
|
| | | | 118,741 | | |
| | | 776 | | | |
CommVault Systems Inc.*
|
| | | | 74,271 | | |
| | | 260 | | | |
Computer Programs & Systems Inc.*
|
| | | | 2,304 | | |
| | | 188 | | | |
Concentrix Corp.
|
| | | | 13,621 | | |
| | | 784 | | | |
Confluent Inc., Class A Shares*
|
| | | | 26,554 | | |
| | | 358 | | | |
Consensus Cloud Solutions Inc.*
|
| | | | 5,699 | | |
| | | 166 | | | |
CoreCard Corp.*
|
| | | | 2,118 | | |
| | | 398 | | | |
CS Disco Inc.*
|
| | | | 2,651 | | |
| | | 560 | | | |
CSG Systems International Inc.
|
| | | | 30,554 | | |
| | | 25 | | | |
Daily Journal Corp.*
|
| | | | 8,464 | | |
| | | 1,142 | | | |
Datadog Inc., Class A Shares*
|
| | | | 150,127 | | |
| | | 620 | | | |
Dayforce Inc.*(a)
|
| | | | 43,251 | | |
| | | 838 | | | |
Definitive Healthcare Corp., Class A Shares*
|
| | | | 7,978 | | |
| | | 629 | | | |
Digi International Inc.*
|
| | | | 18,593 | | |
| | | 261 | | | |
Digimarc Corp.*
|
| | | | 9,151 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| TECHNOLOGY – (continued) | | ||||||||||||
| Software – (continued) | | ||||||||||||
| | | 1,737 | | | |
Digital Turbine Inc.*
|
| | | $ | 5,506 | | |
| | | 1,124 | | | |
DigitalOcean Holdings Inc.*
|
| | | | 42,622 | | |
| | | 852 | | | |
DocuSign Inc., Class A Shares*
|
| | | | 45,386 | | |
| | | 589 | | | |
Domo Inc., Class B Shares*
|
| | | | 6,779 | | |
| | | 439 | | | |
Donnelley Financial Solutions Inc.*
|
| | | | 28,342 | | |
| | | 535 | | | |
DoubleVerify Holdings Inc.*
|
| | | | 16,526 | | |
| | | 517 | | | |
Doximity Inc., Class A Shares*
|
| | | | 14,595 | | |
| | | 1,090 | | | |
Dropbox Inc., Class A Shares*
|
| | | | 26,105 | | |
| | | 5,065 | | | |
Duolingo Inc., Class A Shares*
|
| | | | 1,210,535 | | |
| | | 1,010 | | | |
Dynatrace Inc.*
|
| | | | 50,045 | | |
| | | 3,054 | | | |
E2open Parent Holdings Inc.*
|
| | | | 12,918 | | |
| | | 483 | | | |
eGain Corp.*
|
| | | | 2,961 | | |
| | | 15,257 | | | |
Elastic NV*
|
| | | | 2,041,539 | | |
| | | 1,115 | | | |
Electronic Arts Inc.
|
| | | | 155,520 | | |
| | | 702 | | | |
Enfusion Inc., Class A Shares*
|
| | | | 6,086 | | |
| | | 885 | | | |
Envestnet Inc.*
|
| | | | 45,604 | | |
| | | 728 | | | |
Everbridge Inc.*
|
| | | | 20,581 | | |
| | | 425 | | | |
EverCommerce Inc.*
|
| | | | 4,161 | | |
| | | 1,938 | | | |
Evolent Health Inc., Class A Shares*
|
| | | | 65,718 | | |
| | | 1,018 | | | |
Expensify Inc., Class A Shares*
|
| | | | 2,117 | | |
| | | 101 | | | |
Fair Isaac Corp.*
|
| | | | 128,261 | | |
| | | 46,455 | | | |
Fastly Inc., Class A Shares*
|
| | | | 660,590 | | |
| | | 2,475 | | | |
Fidelity National Information Services Inc.
|
| | | | 171,245 | | |
| | | 302 | | | |
Five9 Inc.*
|
| | | | 18,422 | | |
| | | 38,714 | | | |
Freshworks Inc., Class A Shares*
|
| | | | 791,314 | | |
| | | 30,416 | | | |
Gitlab Inc., Class A Shares*
|
| | | | 2,193,602 | | |
| | | 344 | | | |
Guidewire Software Inc.*
|
| | | | 41,053 | | |
| | | 422 | | | |
HashiCorp Inc., Class A Shares*
|
| | | | 11,002 | | |
| | | 1,013 | | | |
Health Catalyst Inc.*
|
| | | | 8,428 | | |
| | | 331 | | | |
HireRight Holdings Corp.*
|
| | | | 4,690 | | |
| | | 191 | | | |
HubSpot Inc.*
|
| | | | 118,193 | | |
| | | 202 | | | |
IBEX Holdings Ltd.*
|
| | | | 3,224 | | |
| | | 572 | | | |
Immersion Corp.
|
| | | | 3,861 | | |
| | | 185 | | | |
Informatica Inc., Class A Shares*
|
| | | | 6,027 | | |
| | | 462 | | | |
Innodata Inc.*
|
| | | | 3,419 | | |
| | | 394 | | | |
Inspired Entertainment Inc.*
|
| | | | 3,901 | | |
| | | 356 | | | |
Instructure Holdings Inc.*
|
| | | | 8,160 | | |
| | | 522 | | | |
Intapp Inc.*
|
| | | | 20,478 | | |
| | | 2,835 | | | |
IonQ Inc.*(b)
|
| | | | 29,371 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| TECHNOLOGY – (continued) | | ||||||||||||
| Software – (continued) | | ||||||||||||
| | | 306 | | | |
Jack Henry & Associates Inc.
|
| | | $ | 53,174 | | |
| | | 1,243 | | | |
Jamf Holding Corp.*
|
| | | | 22,362 | | |
| | | 1,888 | | | |
Kaltura Inc.*
|
| | | | 2,511 | | |
| | | 1,307 | | | |
LivePerson Inc.
|
| | | | 1,660 | | |
| | | 259 | | | |
Manhattan Associates Inc.*
|
| | | | 65,612 | | |
| | | 4,558 | | | |
Matterport Inc.*
|
| | | | 9,663 | | |
| | | 482 | | | |
MeridianLink Inc.*
|
| | | | 9,139 | | |
| | | 220 | | | |
MicroStrategy Inc., Class A Shares*
|
| | | | 225,025 | | |
| | | 668 | | | |
Model N Inc.*
|
| | | | 16,406 | | |
| | | 13,429 | | | |
Monday.com Ltd.*
|
| | | | 2,994,801 | | |
| | | 275 | | | |
MongoDB Inc., Class A Shares*
|
| | | | 123,085 | | |
| | | 321 | | | |
MSCI Inc., Class A Shares
|
| | | | 180,071 | | |
| | | 7,078 | | | |
Multiplan Corp.*
|
| | | | 7,927 | | |
| | | 1,252 | | | |
N-able Inc.*
|
| | | | 16,864 | | |
| | | 303 | | | |
nCino Inc.*
|
| | | | 9,042 | | |
| | | 968 | | | |
Nutanix Inc., Class A Shares*
|
| | | | 61,139 | | |
| | | 1,871 | | | |
Olo Inc., Class A Shares*
|
| | | | 10,889 | | |
| | | 597 | | | |
ON24 Inc.
|
| | | | 4,191 | | |
| | | 752 | | | |
Outbrain Inc.*
|
| | | | 2,767 | | |
| | | 901 | | | |
Outset Medical Inc.*
|
| | | | 2,838 | | |
| | | 1,568 | | | |
PagerDuty Inc.*
|
| | | | 37,883 | | |
| | | 7,832 | | | |
Palantir Technologies Inc., Class A Shares*
|
| | | | 196,427 | | |
| | | 1,347 | | | |
Paychex Inc.
|
| | | | 165,169 | | |
| | | 217 | | | |
Paycom Software Inc.
|
| | | | 39,579 | | |
| | | 238 | | | |
Paycor HCM Inc.*
|
| | | | 5,027 | | |
| | | 547 | | | |
PDF Solutions Inc.*
|
| | | | 18,593 | | |
| | | 184 | | | |
Pegasystems Inc.
|
| | | | 11,967 | | |
| | | 922 | | | |
Phreesia Inc.*
|
| | | | 22,820 | | |
| | | 3,089 | | | |
Planet Labs PBC*
|
| | | | 6,765 | | |
| | | 1,550 | | | |
Playstudios Inc.*
|
| | | | 3,674 | | |
| | | 997 | | | |
PowerSchool Holdings Inc., Class A Shares*
|
| | | | 20,827 | | |
| | | 1,951 | | | |
Privia Health Group Inc.*
|
| | | | 43,546 | | |
| | | 333 | | | |
Procore Technologies Inc.*
|
| | | | 25,984 | | |
| | | 768 | | | |
Progress Software Corp.
|
| | | | 40,980 | | |
| | | 23,895 | | | |
PROS Holdings Inc.*
|
| | | | 854,246 | | |
| | | 480 | | | |
PTC Inc.*
|
| | | | 87,845 | | |
| | | 780 | | | |
PubMatic Inc., Class A Shares*
|
| | | | 16,333 | | |
| | | 1,609 | | | |
Rackspace Technology Inc.*
|
| | | | 3,395 | | |
| | | 204 | | | |
Red Violet Inc.*
|
| | | | 3,643 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| TECHNOLOGY – (continued) | | ||||||||||||
| Software – (continued) | | ||||||||||||
| | | 368 | | | |
RingCentral Inc., Class A Shares*
|
| | | $ | 12,299 | | |
| | | 1,927 | | | |
ROBLOX Corp., Class A Shares*
|
| | | | 76,887 | | |
| | | 551 | | | |
Sapiens International Corp. NV
|
| | | | 16,954 | | |
| | | 966 | | | |
Schrodinger Inc.*
|
| | | | 24,594 | | |
| | | 569 | | | |
SEMrush Holdings Inc., Class A Shares*
|
| | | | 7,101 | | |
| | | 66,076 | | | |
SentinelOne Inc., Class A Shares*
|
| | | | 1,861,361 | | |
| | | 5,578 | | | |
Sharecare Inc.*
|
| | | | 5,243 | | |
| | | 12,728 | | | |
SilverSun Technologies Inc.
|
| | | | 191,429 | | |
| | | 286 | | | |
Simulations Plus Inc.
|
| | | | 11,869 | | |
| | | 532 | | | |
Smartsheet Inc., Class A Shares*
|
| | | | 22,456 | | |
| | | 931 | | | |
SolarWinds Corp.*
|
| | | | 11,116 | | |
| | | 2,502 | | | |
SoundHound AI Inc., Class A Shares*(b)
|
| | | | 18,565 | | |
| | | 639 | | | |
Splunk Inc.*
|
| | | | 99,825 | | |
| | | 843 | | | |
Sprout Social Inc., Class A Shares*
|
| | | | 52,114 | | |
| | | 3,901 | | | |
SPS Commerce Inc.*
|
| | | | 722,309 | | |
| | | 913 | | | |
SS&C Technologies Holdings Inc.
|
| | | | 58,213 | | |
| | | 690 | | | |
Take-Two Interactive Software Inc.*
|
| | | | 101,382 | | |
| | | 427 | | | |
Teradata Corp.*
|
| | | | 16,064 | | |
| | | 712 | | | |
Twilio Inc., Class A Shares*
|
| | | | 42,428 | | |
| | | 174 | | | |
Tyler Technologies Inc.*
|
| | | | 76,062 | | |
| | | 1,587 | | | |
UiPath Inc., Class A Shares*
|
| | | | 37,691 | | |
| | | 1,210 | | | |
Unity Software Inc.*
|
| | | | 35,477 | | |
| | | 606 | | | |
Veeva Systems Inc., Class A Shares*
|
| | | | 136,659 | | |
| | | 1,108 | | | |
Verint Systems Inc.*
|
| | | | 35,024 | | |
| | | 2,460 | | | |
Verra Mobility Corp., Class A Shares*
|
| | | | 53,185 | | |
| | | 264 | | | |
Viant Technology Inc., Class A Shares*
|
| | | | 2,400 | | |
| | | 2,772 | | | |
Vimeo Inc., Class A, Private Placement*
|
| | | | 13,278 | | |
| | | 63,736 | | | |
Weave Communications Inc.*
|
| | | | 798,612 | | |
| | | 904 | | | |
Workiva Inc., Class A Shares*
|
| | | | 77,852 | | |
| | | 1,932 | | | |
Yext Inc.*
|
| | | | 11,437 | | |
| | | 2,451 | | | |
Zeta Global Holdings Corp., Class A Shares*
|
| | | | 25,736 | | |
| | | 1,051 | | | |
Zoom Video Communications Inc., Class A Shares*
|
| | | | 74,337 | | |
| | | 1,324 | | | |
ZoomInfo Technologies Inc., Class A Shares*
|
| | | | 22,190 | | |
| | | 2,314 | | | |
Zuora Inc., Class A Shares*
|
| | | | 18,697 | | |
| | | | | | |
Total Software
|
| | | | 25,467,463 | | |
| | | | | | |
TOTAL TECHNOLOGY
|
| | | | 75,917,158 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| UTILITIES – 3.2% | | ||||||||||||
| Electric – 3.0% | | ||||||||||||
| | | 2,811 | | | |
AES Corp.
|
| | | $ | 42,727 | | |
| | | 1,018 | | | |
ALLETE Inc.
|
| | | | 57,660 | | |
| | | 1,055 | | | |
Alliant Energy Corp.
|
| | | | 50,376 | | |
| | | 1,197 | | | |
Altus Power Inc., Class A Shares*
|
| | | | 8,152 | | |
| | | 1,097 | | | |
Ameren Corp.
|
| | | | 78,095 | | |
| | | 573 | | | |
Ameresco Inc., Class A Shares*
|
| | | | 12,010 | | |
| | | 310 | | | |
Avangrid Inc.
|
| | | | 9,650 | | |
| | | 1,331 | | | |
Avista Corp.
|
| | | | 44,189 | | |
| | | 32,551 | | | |
Black Hills Corp.
|
| | | | 1,693,629 | | |
| | | 572 | | | |
Brookfield Renewable Corp., Class A Shares
|
| | | | 13,568 | | |
| | | 2,645 | | | |
CenterPoint Energy Inc.
|
| | | | 72,738 | | |
| | | 190 | | | |
Clearway Energy Inc., Class A Shares
|
| | | | 3,849 | | |
| | | 361 | | | |
Clearway Energy Inc., Class C Shares
|
| | | | 7,870 | | |
| | | 61,720 | | | |
CMS Energy Corp.
|
| | | | 3,540,876 | | |
| | | 1,451 | | | |
Consolidated Edison Inc.
|
| | | | 126,542 | | |
| | | 1,326 | | | |
Constellation Energy Corp.
|
| | | | 223,365 | | |
| | | 863 | | | |
DTE Energy Co.
|
| | | | 93,506 | | |
| | | 1,582 | | | |
Edison International
|
| | | | 107,608 | | |
| | | 887 | | | |
Entergy Corp.
|
| | | | 90,093 | | |
| | | 936 | | | |
Evergy Inc.
|
| | | | 46,369 | | |
| | | 1,460 | | | |
Eversource Energy
|
| | | | 85,702 | | |
| | | 2,282 | | | |
FirstEnergy Corp.
|
| | | | 83,544 | | |
| | | 357 | | | |
Genie Energy Ltd., Class B Shares
|
| | | | 6,512 | | |
| | | 489 | | | |
Hawaiian Electric Industries Inc.
|
| | | | 5,956 | | |
| | | 25,472 | | | |
IDACORP Inc.
|
| | | | 2,244,338 | | |
| | | 644 | | | |
MGE Energy Inc.
|
| | | | 40,694 | | |
| | | 1,060 | | | |
Northwestern Energy Group Inc.
|
| | | | 50,795 | | |
| | | 972 | | | |
NRG Energy Inc.
|
| | | | 53,771 | | |
| | | 845 | | | |
OGE Energy Corp.
|
| | | | 27,809 | | |
| | | 940 | | | |
Ormat Technologies Inc.
|
| | | | 61,241 | | |
| | | 727 | | | |
Otter Tail Corp.
|
| | | | 65,764 | | |
| | | 230,549 | | | |
PG&E Corp.
|
| | | | 3,847,863 | | |
| | | 477 | | | |
Pinnacle West Capital Corp.
|
| | | | 32,593 | | |
| | | 1,507 | | | |
PNM Resources Inc.
|
| | | | 55,021 | | |
| | | 103,891 | | | |
Portland General Electric Co.
|
| | | | 4,173,301 | | |
| | | 161,593 | | | |
PPL Corp.
|
| | | | 4,261,207 | | |
| | | 2,080 | | | |
Public Service Enterprise Group Inc.
|
| | | | 129,792 | | |
| | | 288 | | | |
Unitil Corp.
|
| | | | 14,676 | | |
| | | 62,348 | | | |
Vistra Corp.
|
| | | | 3,400,460 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| UTILITIES – (continued) | | ||||||||||||
| Electric – (continued) | | ||||||||||||
| | | 1,320 | | | |
WEC Energy Group Inc.
|
| | | $ | 103,607 | | |
| | | 2,304 | | | |
Xcel Energy Inc.
|
| | | | 121,398 | | |
| | | | | | |
Total Electric
|
| | | | 25,188,916 | | |
| Gas – 0.2% | | ||||||||||||
| | | 604 | | | |
Atmos Energy Corp.
|
| | | | 68,198 | | |
| | | 2,107 | | | |
Brookfield Infrastructure Corp., Class A Shares
|
| | | | 69,889 | | |
| | | 375 | | | |
Chesapeake Utilities Corp.
|
| | | | 38,261 | | |
| | | 378 | | | |
National Fuel Gas Co.
|
| | | | 18,424 | | |
| | | 1,709 | | | |
New Jersey Resources Corp.
|
| | | | 71,111 | | |
| | | 1,739 | | | |
NiSource Inc.
|
| | | | 45,318 | | |
| | | 638 | | | |
Northwest Natural Holding Co.
|
| | | | 23,440 | | |
| | | 971 | | | |
ONE Gas Inc.
|
| | | | 57,872 | | |
| | | 141 | | | |
RGC Resources Inc.
|
| | | | 2,645 | | |
| | | 1,086 | | | |
Southwest Gas Holdings Inc.
|
| | | | 74,011 | | |
| | | 23,721 | | | |
Spire Inc.
|
| | | | 1,407,130 | | |
| | | 888 | | | |
UGI Corp.
|
| | | | 21,738 | | |
| | | | | | |
Total Gas
|
| | | | 1,898,037 | | |
| Water – 0.0% | | ||||||||||||
| | | 653 | | | |
American States Water Co.
|
| | | | 46,631 | | |
| | | 815 | | | |
American Water Works Co., Inc.
|
| | | | 96,610 | | |
| | | 169 | | | |
Artesian Resources Corp., Class A Shares
|
| | | | 5,825 | | |
| | | 1,019 | | | |
California Water Service Group
|
| | | | 46,762 | | |
| | | 276 | | | |
Consolidated Water Co., Ltd.
|
| | | | 8,159 | | |
| | | 1,023 | | | |
Essential Utilities Inc.
|
| | | | 35,580 | | |
| | | 200 | | | |
Global Water Resources Inc.
|
| | | | 2,588 | | |
| | | 312 | | | |
Middlesex Water Co.
|
| | | | 15,878 | | |
| | | 565 | | | |
SJW Group
|
| | | | 31,109 | | |
| | | 259 | | | |
York Water Co.
|
| | | | 9,169 | | |
| | | | | | |
Total Water
|
| | | | 298,311 | | |
| | | | | | |
TOTAL UTILITIES
|
| | | | 27,385,264 | | |
| | | | | | |
TOTAL COMMON STOCKS
(Cost – $632,588,170) |
| | |
|
804,803,275
|
| |
| EXCHANGE TRADED FUND (ETF) – 2.8% | | ||||||||||||
| | | 119,308 | | | |
iShares Russell 2000
(Cost – $21,613,204) |
| | | | 24,306,619 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| REIT – 0.0% | | ||||||||||||
| FINANCIAL – 0.0% | | ||||||||||||
| Equity Real Estate Investment Trusts (REITs) – 0.0% | | ||||||||||||
| | | 2,619 | | | |
Outfront Media Inc.
(Cost – $24,476) |
| | | $ | 37,635 | | |
| LIMITED PARTNERSHIP – 0.0% | | ||||||||||||
| FINANCIAL – 0.0% | | ||||||||||||
| Investment Companies – 0.0% | | ||||||||||||
| | | 1,125 | | | |
Compass Diversified Holdings
(Cost – $20,415) |
| | | | 25,875 | | |
| CLOSED-END FUND – 0.0% | | ||||||||||||
| | | 564 | | | |
NexPoint Diversified Real Estate Trust, Class Common Shares
(Cost – $4,555) |
| | | | 3,570 | | |
| | | | | | |
TOTAL INVESTMENTS BEFORE SHORT-TERM INVESTMENTS
(Cost – $654,250,820) |
| | |
|
829,176,974
|
| |
|
Face Amount
|
| | | | | | | | | | |||
| SHORT-TERM INVESTMENTS – 2.5% | | ||||||||||||
| TIME DEPOSITS – 2.5% | | ||||||||||||
| | $ | 46,322 | | | |
ANZ National Bank – London, 4.680% due 3/1/24
|
| | | | 46,322 | | |
| | | 13,922,078 | | | |
Citibank – New York, 4.680% due 3/1/24
|
| | | | 13,922,078 | | |
| | | 6,778,632 | | | |
JPMorgan Chase & Co. – New York, 4.680% due 3/1/24
|
| | | | 6,778,632 | | |
| | | 403,950 | | | |
Royal Bank of Canada – Toronto, 4.680% due 3/1/24
|
| | | | 403,950 | | |
| | | | | | |
TOTAL TIME DEPOSITS
(Cost – $21,150,982) |
| | |
|
21,150,982
|
| |
|
Shares/Units
|
| | | | | | | | | | |||
| INVESTMENTS PURCHASED WITH CASH PROCEEDS FROM SECURITIES LENDING – 0.6% | | ||||||||||||
| MONEY MARKET FUND – 0.6% | | ||||||||||||
| | | 5,112,972 | | | |
Federated Government Obligations Fund, Premier Class, 5.162%(d)
(Cost – $5,112,972) |
| | | | 5,112,972 | | |
| | | | | | |
TOTAL INVESTMENTS – 99.7%
(Cost – $680,514,774) |
| | |
|
855,440,928
|
| |
| | | | | | |
Other Assets in Excess of Liabilities – 0.3%
|
| | | | 2,858,589 | | |
| | | | | | | TOTAL NET ASSETS – 100.0% | | | | $ | 858,299,517 | | |
|
Industrial
|
| | | | 21.6% | | |
|
Consumer Non-cyclical
|
| | | | 20.2 | | |
|
Financial
|
| | | | 19.2 | | |
|
Consumer Cyclical
|
| | | | 10.4 | | |
|
Technology
|
| | | | 8.9 | | |
|
Energy
|
| | | | 4.1 | | |
|
Basic Materials
|
| | | | 4.0 | | |
|
Utilities
|
| | | | 3.2 | | |
|
Communications
|
| | | | 2.5 | | |
|
Government
|
| | | | 0.0* | | |
|
Exchange Traded Funds (ETF)
|
| | | | 2.8 | | |
|
Closed-End Fund
|
| | | | 0.0* | | |
|
Short-Term Investments
|
| | | | 2.5 | | |
|
Money Market Fund
|
| | | | 0.6 | | |
| | | | | | 100.0% | | |
Open Futures Contracts
|
| |
Number of
Contracts |
| |
Expiration
Date (Month/Year) |
| |
Notional
Amounts |
| |
Market Value
|
| |
Unrealized
Appreciation |
| |||||||||||||||
Contracts to Buy: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
E-mini Russell 2000 Index March Futures
|
| | | | 2 | | | | | | 3/24 | | | | | $ | 190,300 | | | | | $ | 205,730 | | | | | $ | 15,430 | | |
S&P MidCap 400 Index March Futures
|
| | | | 1 | | | | | | 3/24 | | | | | | 264,960 | | | | | | 289,260 | | | | | | 24,300 | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | $ | 39,730 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – 92.2% | | ||||||||||||
| Argentina – 0.1% | | ||||||||||||
| | | 281,990 | | | |
Despegar.com Corp.*
|
| | | $ | 2,512,531 | | |
| Australia – 1.7% | | ||||||||||||
| | | 9,709 | | | |
Adbri Ltd.*
|
| | | | 19,749 | | |
| | | 8,812 | | | |
AGL Energy Ltd.
|
| | | | 48,739 | | |
| | | 6,513 | | | |
ALS Ltd.
|
| | | | 50,677 | | |
| | | 2,036 | | | |
Altium Ltd.
|
| | | | 85,808 | | |
| | | 44,857 | | | |
Alumina Ltd.*
|
| | | | 30,966 | | |
| | | 26,131 | | | |
AMP Ltd.
|
| | | | 18,925 | | |
| | | 3,563 | | | |
Ampol Ltd.
|
| | | | 91,363 | | |
| | | 2,289 | | | |
Ansell Ltd.
|
| | | | 35,526 | | |
| | | 44,434 | | | |
ANZ Group Holdings Ltd.
|
| | | | 822,738 | | |
| | | 18,113 | | | |
APA Group
|
| | | | 92,531 | | |
| | | 9,237 | | | |
Aristocrat Leisure Ltd.
|
| | | | 280,374 | | |
| | | 2,841 | | | |
ASX Ltd.
|
| | | | 121,536 | | |
| | | 16,685 | | | |
Atlas Arteria Ltd.
|
| | | | 58,609 | | |
| | | 27,152 | | | |
Aurizon Holdings Ltd.
|
| | | | 67,395 | | |
| | | 10,887 | | | |
Bank of Queensland Ltd.
|
| | | | 41,567 | | |
| | | 19,258 | | | |
Beach Energy Ltd.
|
| | | | 20,086 | | |
| | | 7,396 | | | |
Bendigo & Adelaide Bank Ltd.
|
| | | | 46,569 | | |
| | | 74,439 | | | |
BHP Group Ltd.
|
| | | | 2,138,019 | | |
| | | 6,637 | | | |
BlueScope Steel Ltd.
|
| | | | 98,914 | | |
| | | 5,465 | | | |
Boral Ltd.*
|
| | | | 21,309 | | |
| | | 20,661 | | | |
Brambles Ltd.
|
| | | | 202,458 | | |
| | | 4,867 | | | |
CAR Group Ltd.
|
| | | | 116,413 | | |
| | | 6,245 | | | |
Challenger Ltd.
|
| | | | 27,345 | | |
| | | 68,204 | | | |
Charter Hall Group
|
| | | | 559,416 | | |
| | | 26,198 | | | |
Cleanaway Waste Management Ltd.
|
| | | | 45,666 | | |
| | | 928 | | | |
Cochlear Ltd.
|
| | | | 211,431 | | |
| | | 19,446 | | | |
Coles Group Ltd.
|
| | | | 213,778 | | |
| | | 24,983 | | | |
Commonwealth Bank of Australia
|
| | | | 1,892,285 | | |
| | | 8,740 | | | |
Computershare Ltd.
|
| | | | 147,565 | | |
| | | 421,325 | | | |
Coronado Global Resources Inc.(a)
|
| | | | 373,560 | | |
| | | 7,136 | | | |
CSL Ltd.
|
| | | | 1,328,877 | | |
| | | 6,452 | | | |
CSR Ltd.
|
| | | | 37,088 | | |
| | | 6,567 | | | |
Deterra Royalties Ltd.
|
| | | | 21,193 | | |
| | | 15,946 | | | |
Dexus
|
| | | | 76,753 | | |
| | | 796 | | | |
Domino’s Pizza Enterprises Ltd.
|
| | | | 23,374 | | |
| | | 7,731 | | | |
Downer EDI Ltd.
|
| | | | 25,118 | | |
| | | 53,842 | | | |
Eagers Automotive Ltd.
|
| | | | 519,305 | | |
| | | 2,143 | | | |
EBOS Group Ltd.
|
| | | | 48,224 | | |
| | | 22,834 | | | |
Endeavour Group Ltd.
|
| | | | 81,700 | | |
| | | 30,098 | | | |
Evolution Mining Ltd.
|
| | | | 57,925 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| Australia – (continued) | | ||||||||||||
| | | 1,724 | | | |
Flight Centre Travel Group Ltd.
|
| | | $ | 24,009 | | |
| | | 23,502 | | | |
Fortescue Ltd.
|
| | | | 397,796 | | |
| | | 27,518 | | | |
Goodman Group
|
| | | | 535,872 | | |
| | | 33,566 | | | |
GPT Group
|
| | | | 95,453 | | |
| | | 175,826 | | | |
GrainCorp Ltd., Class A Shares
|
| | | | 893,050 | | |
| | | 8,196 | | | |
Harvey Norman Holdings Ltd.
|
| | | | 26,397 | | |
| | | 199,528 | | | |
Helia Group Ltd.
|
| | | | 536,223 | | |
| | | 3,920 | | | |
IDP Education Ltd.
|
| | | | 48,644 | | |
| | | 8,504 | | | |
IGO Ltd.
|
| | | | 44,127 | | |
| | | 5,992 | | | |
Iluka Resources Ltd.
|
| | | | 26,764 | | |
| | | 26,689 | | | |
Incitec Pivot Ltd.
|
| | | | 46,884 | | |
| | | 11,976 | | | |
Insignia Financial Ltd.
|
| | | | 18,541 | | |
| | | 36,460 | | | |
Insurance Australia Group Ltd.
|
| | | | 147,002 | | |
| | | 90,830 | | | |
IPD Group Ltd.
|
| | | | 289,492 | | |
| | | 59,845 | | | |
JB Hi-Fi Ltd.
|
| | | | 2,397,097 | | |
| | | 652,980 | | | |
Johns Lyng Group Ltd.
|
| | | | 2,676,022 | | |
| | | 8,802 | | | |
Lendlease Corp., Ltd.
|
| | | | 36,894 | | |
| | | 21,259 | | | |
Liontown Resources Ltd.*
|
| | | | 17,191 | | |
| | | 30,295 | | | |
Lottery Corp., Ltd
|
| | | | 100,170 | | |
| | | 5,388 | | | |
Macquarie Group Ltd.
|
| | | | 684,373 | | |
| | | 3,449 | | | |
Magellan Financial Group Ltd.
|
| | | | 18,206 | | |
| | | 43,751 | | | |
Medibank Pvt Ltd.
|
| | | | 102,139 | | |
| | | 472,766 | | | |
Metcash Ltd.
|
| | | | 1,140,862 | | |
| | | 2,764 | | | |
Mineral Resources Ltd.
|
| | | | 120,755 | | |
| | | 58,233 | | | |
Mirvac Group
|
| | | | 83,105 | | |
| | | 68,000 | | | |
MMG Ltd.*
|
| | | | 18,188 | | |
| | | 46,548 | | | |
National Australia Bank Ltd.
|
| | | | 1,024,928 | | |
| | | 6,238 | | | |
New Hope Corp., Ltd
|
| | | | 19,075 | | |
| | | 7,480 | | | |
NEXTDC Ltd.*
|
| | | | 85,971 | | |
| | | 17,323 | | | |
Northern Star Resources Ltd.
|
| | | | 146,007 | | |
| | | 5,731 | | | |
Nufarm Ltd.
|
| | | | 21,495 | | |
| | | 7,422 | | | |
Orica Ltd.
|
| | | | 82,640 | | |
| | | 25,641 | | | |
Origin Energy Ltd.
|
| | | | 149,932 | | |
| | | 21,352 | | | |
Orora Ltd.
|
| | | | 37,243 | | |
| | | 725,678 | | | |
Perenti Ltd.*
|
| | | | 429,472 | | |
| | | 1,508 | | | |
Perpetual Ltd.
|
| | | | 23,580 | | |
| | | 46,471 | | | |
Pilbara Minerals Ltd.
|
| | | | 127,557 | | |
| | | 56,868 | | | |
Pro Medicus Ltd.
|
| | | | 3,841,242 | | |
| | | 11,695 | | | |
Qantas Airways Ltd.*
|
| | | | 39,105 | | |
| | | 22,026 | | | |
QBE Insurance Group Ltd.
|
| | | | 249,589 | | |
| | | 24,872 | | | |
Qube Holdings Ltd.
|
| | | | 52,676 | | |
| | | 2,605 | | | |
Ramsay Health Care Ltd.
|
| | | | 92,880 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| Australia – (continued) | | ||||||||||||
| | | 751 | | | |
REA Group Ltd.
|
| | | $ | 94,872 | | |
| | | 2,963 | | | |
Reece Ltd.
|
| | | | 51,829 | | |
| | | 15,539 | | | |
Region RE Ltd.
|
| | | | 22,358 | | |
| | | 5,477 | | | |
Rio Tinto Ltd.
|
| | | | 441,887 | | |
| | | 48,022 | | | |
Santos Ltd.
|
| | | | 221,154 | | |
| | | 79,736 | | | |
Scentre Group
|
| | | | 162,054 | | |
| | | 5,234 | | | |
SEEK Ltd.
|
| | | | 89,417 | | |
| | | 28,120 | | | |
Seven Group Holdings Ltd.
|
| | | | 704,518 | | |
| | | 2,325 | | | |
Sims Ltd.
|
| | | | 18,565 | | |
| | | 6,556 | | | |
Sonic Healthcare Ltd.
|
| | | | 126,886 | | |
| | | 71,438 | | | |
South32 Ltd.
|
| | | | 137,460 | | |
| | | 51,040 | | | |
Star Entertainment Grp Ltd.*
|
| | | | 17,344 | | |
| | | 13,837 | | | |
Steadfast Group Ltd.
|
| | | | 52,154 | | |
| | | 33,921 | | | |
Stockland
|
| | | | 99,362 | | |
| | | 18,732 | | | |
Suncorp Group Ltd.
|
| | | | 186,579 | | |
| | | 57,396 | | | |
Super Retail Group Ltd.
|
| | | | 609,325 | | |
| | | 33,572 | | | |
Tabcorp Holdings Ltd.
|
| | | | 16,380 | | |
| | | 62,380 | | | |
Telstra Group Ltd.
|
| | | | 155,050 | | |
| | | 5,739 | | | |
TPG Telecom Ltd.
|
| | | | 17,545 | | |
| | | 45,730 | | | |
Transurban Group
|
| | | | 402,798 | | |
| | | 11,157 | | | |
Treasury Wine Estates Ltd.
|
| | | | 89,810 | | |
| | | 51,547 | | | |
Vicinity Ltd.
|
| | | | 65,134 | | |
| | | 4,244 | | | |
Washington H Soul Pattinson & Co., Ltd.
|
| | | | 95,500 | | |
| | | 16,771 | | | |
Wesfarmers Ltd.
|
| | | | 727,587 | | |
| | | 51,699 | | | |
Westpac Banking Corp.
|
| | | | 886,591 | | |
| | | 393,941 | | | |
Whitehaven Coal Ltd.
|
| | | | 1,771,973 | | |
| | | 2,486 | | | |
WiseTech Global Ltd.
|
| | | | 153,032 | | |
| | | 363,294 | | | |
Woodside Energy Group Ltd.
|
| | | | 7,172,972 | | |
| | | 17,876 | | | |
Woolworths Group Ltd.
|
| | | | 379,301 | | |
| | | 4,724 | | | |
Worley Ltd.
|
| | | | 51,520 | | |
| | | 5,571 | | | |
Yancoal Australia Ltd.
|
| | | | 21,568 | | |
| | | | | | |
Total Australia
|
| | | | 42,192,047 | | |
| Austria – 0.1% | | ||||||||||||
| | | 1,073 | | | |
ANDRITZ AG
|
| | | | 67,440 | | |
| | | 4,549 | | | |
Erste Group Bank AG
|
| | | | 181,540 | | |
| | | 2,305 | | | |
OMV AG
|
| | | | 101,557 | | |
| | | 94,048 | | | |
Raiffeisen Bank International AG
|
| | | | 1,952,610 | | |
| | | 2,785 | | | |
Telekom Austria AG, Class A Shares*
|
| | | | 22,096 | | |
| | | 902 | | | |
Verbund AG
|
| | | | 65,230 | | |
| | | 1,755 | | | |
voestalpine AG
|
| | | | 47,971 | | |
| | | | | | |
Total Austria
|
| | | | 2,438,444 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| Belgium – 0.2% | | ||||||||||||
| | | 301 | | | |
Ackermans & van Haaren NV
|
| | | $ | 50,544 | | |
| | | 2,591 | | | |
Ageas SA
|
| | | | 109,817 | | |
| | | 12,784 | | | |
Anheuser-Busch InBev SA
|
| | | | 771,198 | | |
| | | 292 | | | |
D’ieteren Group
|
| | | | 56,226 | | |
| | | 607 | | | |
Elia Group SA
|
| | | | 67,398 | | |
| | | 1,158 | | | |
Groupe Bruxelles Lambert NV
|
| | | | 86,898 | | |
| | | 3,615 | | | |
KBC Group NV
|
| | | | 254,271 | | |
| | | 6 | | | |
Lotus Bakeries NV
|
| | | | 56,440 | | |
| | | 117,721 | | | |
Proximus SADP
|
| | | | 984,126 | | |
| | | 293 | | | |
Sofina SA
|
| | | | 66,770 | | |
| | | 41,616 | | | |
Solvay SA
|
| | | | 1,052,867 | | |
| | | 1,091 | | | |
Syensqo SA*
|
| | | | 97,449 | | |
| | | 1,822 | | | |
UCB SA
|
| | | | 209,489 | | |
| | | 3,302 | | | |
Umicore SA
|
| | | | 68,912 | | |
| | | 2,198 | | | |
Warehouses De Pauw CVA
|
| | | | 58,685 | | |
| | | | | | |
Total Belgium
|
| | | | 3,991,090 | | |
| Bermuda – 0.2% | | ||||||||||||
| | | 262,696 | | | |
Hiscox Ltd.
|
| | | | 3,763,847 | | |
| Brazil – 1.8% | | ||||||||||||
| | | 56,726 | | | |
Afya Ltd., Class A Shares*
|
| | | | 1,170,825 | | |
| | | 948,557 | | | |
B3 SA – Brasil Bolsa Balcao
|
| | | | 2,448,246 | | |
| | | 170,400 | | | |
Bradespar SA
|
| | | | 726,726 | | |
| | | 222,300 | | | |
Compania de Saneamento de Minas Gerais Copasa MG
|
| | | | 924,368 | | |
| | | 92,200 | | | |
Compania de Saneamento do Parana
|
| | | | 479,094 | | |
| | | 953,546 | | | |
Inter & Co., Inc.*
|
| | | | 5,420,992 | | |
| | | 1,009 | | | |
Localiza Rent a Car SA*(b)
|
| | | | 10,618 | | |
| | | 516,905 | | | |
Localiza Rent a Car SA
|
| | | | 5,511,269 | | |
| | | 1,683,453 | | | |
Lojas Renner SA
|
| | | | 5,350,853 | | |
| | | 405,808 | | | |
Metalurgica Gerdau SA
|
| | | | 825,347 | | |
| | | 219,919 | | | |
NU Holdings Ltd., Class A Shares*
|
| | | | 2,436,703 | | |
| | | 156,824 | | | |
Petroleo Brasileiro SA, ADR
|
| | | | 2,535,844 | | |
| | | 314,233 | | | |
Raia Drogasil SA
|
| | | | 1,684,034 | | |
| | | 11,553 | | | |
StoneCo Ltd., Class A Shares*
|
| | | | 198,827 | | |
| | | 483,316 | | | |
Suzano SA
|
| | | | 5,478,858 | | |
| | | 663,500 | | | |
TOTVS SA
|
| | | | 4,096,404 | | |
| | | 243,957 | | | |
XP Inc., Class A Shares
|
| | | | 5,767,143 | | |
| | | | | | |
Total Brazil
|
| | | | 45,066,151 | | |
| Cambodia – 0.0% | | ||||||||||||
| | | 42,000 | | | |
NagaCorp Ltd.*
|
| | | | 19,318 | | |
| Canada – 4.8% | | ||||||||||||
| | | 295,208 | | | |
AGF Management Ltd., Class B Shares
|
| | | | 1,768,442 | | |
| | | 60,465 | | | |
Agnico Eagle Mines Ltd.
|
| | | | 2,899,950 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| Canada – (continued) | | ||||||||||||
| | | 10,900 | | | |
Alimentation Couche-Tard Inc.
|
| | | $ | 676,014 | | |
| | | 10,855 | | | |
Bank of Montreal
|
| | | | 982,521 | | |
| | | 18,185 | | | |
Bank of Nova Scotia
|
| | | | 881,815 | | |
| | | 25,900 | | | |
Barrick Gold Corp.
|
| | | | 377,675 | | |
| | | 4,600 | | | |
BCE Inc.
|
| | | | 170,693 | | |
| | | 3,900 | | | |
Brookfield Asset Management Ltd., Class A Shares
|
| | | | 158,943 | | |
| | | 22,300 | | | |
Brookfield Corp.
|
| | | | 920,164 | | |
| | | 13,582 | | | |
Canadian Imperial Bank of Commerce
|
| | | | 642,697 | | |
| | | 47,825 | | | |
Canadian National Railway Co.
|
| | | | 6,202,178 | | |
| | | 15,900 | | | |
Canadian Natural Resources Ltd.
|
| | | | 1,107,605 | | |
| | | 64,070 | | | |
Canadian Pacific Kansas City Ltd.
|
| | | | 5,445,164 | | |
| | | 800 | | | |
Canadian Tire Corp., Ltd, Class A Shares
|
| | | | 81,406 | | |
| | | 56,086 | | | |
Celestica Inc.*
|
| | | | 2,383,701 | | |
| | | 19,400 | | | |
Cenovus Energy Inc.
|
| | | | 338,069 | | |
| | | 3,000 | | | |
CGI Inc.*
|
| | | | 344,442 | | |
| | | 2,130 | | | |
Constellation Software Inc.
|
| | | | 5,930,052 | | |
| | | 41,067 | | | |
Definity Financial Corp.
|
| | | | 1,388,619 | | |
| | | 20,992 | | | |
Descartes Systems Group Inc.*
|
| | | | 1,819,377 | | |
| | | 4,000 | | | |
Dollarama Inc.
|
| | | | 309,413 | | |
| | | 202,143 | | | |
Element Fleet Management Corp.
|
| | | | 3,373,643 | | |
| | | 459,500 | | | |
Enbridge Inc.
|
| | | | 15,794,625 | | |
| | | 30,757 | | | |
EQB Inc.
|
| | | | 1,953,092 | | |
| | | 282 | | | |
Fairfax Financial Holdings Ltd.(b)
|
| | | | 301,000 | | |
| | | 22,149 | | | |
Finning International Inc.
|
| | | | 580,674 | | |
| | | 7,353 | | | |
Fortis Inc.
|
| | | | 283,522 | | |
| | | 100,946 | | | |
Franco-Nevada Corp.
|
| | | | 10,568,778 | | |
| | | 900 | | | |
George Weston Ltd.
|
| | | | 117,882 | | |
| | | 3,700 | | | |
Great-West Lifeco Inc.(c)
|
| | | | 113,959 | | |
| | | 4,800 | | | |
Hydro One Ltd.(a)
|
| | | | 143,064 | | |
| | | 1,700 | | | |
IGM Financial Inc.
|
| | | | 44,656 | | |
| | | 2,600 | | | |
Imperial Oil Ltd.
|
| | | | 162,688 | | |
| | | 2,600 | | | |
Intact Financial Corp.
|
| | | | 432,353 | | |
| | | 2,200 | | | |
Loblaw Cos., Ltd.
|
| | | | 234,468 | | |
| | | 4,100 | | | |
Magna International Inc.
|
| | | | 225,913 | | |
| | | 26,900 | | | |
Manulife Financial Corp.
|
| | | | 638,433 | | |
| | | 3,100 | | | |
Metro Inc.
|
| | | | 167,843 | | |
| | | 39,864 | | | |
National Bank of Canada
|
| | | | 3,111,516 | | |
| | | 7,300 | | | |
Nutrien Ltd.
|
| | | | 381,043 | | |
| | | 95,120 | | | |
Parex Resources Inc.
|
| | | | 1,534,928 | | |
| | | 8,200 | | | |
Pembina Pipeline Corp.
|
| | | | 285,367 | | |
| | | 7,800 | | | |
Power Corp. of Canada
|
| | | | 225,353 | | |
| | | 4,600 | | | |
Restaurant Brands International Inc.
|
| | | | 357,181 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| Canada – (continued) | | ||||||||||||
| | | 21,032 | | | |
Royal Bank of Canada
|
| | | $ | 2,042,529 | | |
| | | 57,568 | | | |
Russel Metals Inc.
|
| | | | 1,886,342 | | |
| | | 4,000 | | | |
Saputo Inc.
|
| | | | 81,376 | | |
| | | 56,518 | | | |
Shopify Inc., Class A Shares*
|
| | | | 4,316,840 | | |
| | | 8,700 | | | |
Sun Life Financial Inc.
|
| | | | 462,068 | | |
| | | 477,294 | | | |
Suncor Energy Inc.
|
| | | | 16,399,233 | | |
| | | 15,300 | | | |
TC Energy Corp.
|
| | | | 605,168 | | |
| | | 6,700 | | | |
Teck Resources Ltd., Class B Shares
|
| | | | 257,455 | | |
| | | 7,296 | | | |
TELUS Corp.
|
| | | | 127,249 | | |
| | | 2,300 | | | |
Thomson Reuters Corp.
|
| | | | 363,079 | | |
| | | 214,459 | | | |
TMX Group Ltd.
|
| | | | 5,625,569 | | |
| | | 26,900 | | | |
Toronto-Dominion Bank
|
| | | | 1,615,209 | | |
| | | 4,300 | | | |
Tourmaline Oil Corp.
|
| | | | 194,603 | | |
| | | 28,036 | | | |
Waste Connections Inc.
|
| | | | 4,666,133 | | |
| | | 88,058 | | | |
Wheaton Precious Metals Corp.
|
| | | | 3,628,990 | | |
| | | 140,039 | | | |
Whitecap Resources Inc.(c)
|
| | | | 972,013 | | |
| | | | | | |
Total Canada
|
| | | | 119,104,777 | | |
| Chile – 0.0% | | ||||||||||||
| | | 5,118 | | | |
Antofagasta PLC
|
| | | | 117,573 | | |
| China – 2.8% | | ||||||||||||
| | | 12,000 | | | |
AAC Technologies Holdings Inc.
|
| | | | 29,739 | | |
| | | 96,687 | | | |
Alibaba Group Holding Ltd., ADR
|
| | | | 7,157,739 | | |
| | | 21,822 | | | |
Baidu Inc., ADR*
|
| | | | 2,211,223 | | |
| | | 890,722 | | | |
China Mengniu Dairy Co., Ltd.*
|
| | | | 2,237,306 | | |
| | | 218,586 | | | |
Estun Automation Co., Ltd., Class A Shares
|
| | | | 529,146 | | |
| | | 425,831 | | | |
FinVolution Group, ADR
|
| | | | 2,227,096 | | |
| | | 308,850 | | | |
Full Truck Alliance Co., Ltd., ADR*
|
| | | | 2,038,410 | | |
| | | 126,048 | | | |
Fuyao Glass Industry Group Co., Ltd., Class A Shares
|
| | | | 757,307 | | |
| | | 219,182 | | | |
Glodon Co., Ltd., Class A Shares
|
| | | | 416,457 | | |
| | | 274,550 | | | |
JD Health International Inc.*(a)
|
| | | | 1,047,632 | | |
| | | 154,816 | | | |
Jiangsu Hengli Hydraulic Co., Ltd., Class A Shares
|
| | | | 1,220,555 | | |
| | | 70,802 | | | |
Kanzhun Ltd., ADR
|
| | | | 1,108,051 | | |
| | | 163,700 | | | |
KE Holdings Inc., ADR
|
| | | | 2,224,683 | | |
| | | 3,550,870 | | | |
Kingdee International Software Group Co., Ltd.*
|
| | | | 3,849,077 | | |
| | | 306,849 | | | |
Kingsoft Corp., Ltd.
|
| | | | 856,114 | | |
| | | 47,626 | | | |
Kweichow Moutai Co., Ltd., Class A Shares
|
| | | | 11,206,835 | | |
| | | 128,000 | | | |
Lenovo Group Ltd.
|
| | | | 142,222 | | |
| | | 117,363 | | | |
Lufax Holding Ltd., ADR
|
| | | | 366,173 | | |
| | | 108,182 | | | |
Midea Group Co., Ltd., Class A Shares
|
| | | | 938,531 | | |
| | | 1,315,322 | | | |
NARI Technology Co., Ltd., Class A Shares
|
| | | | 4,221,266 | | |
| | | 308,500 | | | |
Shandong Pharmaceutical Glass Co., Ltd., Class A Shares
|
| | | | 1,123,381 | | |
| | | 236,000 | | | |
Shenzhen Inovance Technology Co., Ltd., Class A Shares
|
| | | | 2,070,881 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| China – (continued) | | ||||||||||||
| | | 24,209 | | | |
Shenzhen Mindray Bio-Medical Electronics Co., Ltd., Class A Shares
|
| | | $ | 969,123 | | |
| | | 321,529 | | | |
Shenzhou International Group Holdings Ltd.
|
| | | | 2,656,197 | | |
| | | 99,000 | | | |
Silergy Corp.
|
| | | | 1,314,544 | | |
| | | 199,986 | | | |
Tencent Holdings Ltd.
|
| | | | 7,027,131 | | |
| | | 27,200 | | | |
Tencent Holdings Ltd., ADR(c)
|
| | | | 950,422 | | |
| | | 78,255 | | | |
Tencent Music Entertainment Group, ADR*
|
| | | | 819,330 | | |
| | | 285,648 | | | |
Venustech Group Inc., Class A Shares
|
| | | | 868,257 | | |
| | | 763,500 | | | |
Yangzijiang Shipbuilding Holdings Ltd.
|
| | | | 995,130 | | |
| | | 104,110 | | | |
Yum China Holdings Inc.
|
| | | | 4,476,933 | | |
| | | 46,937 | | | |
Zai Lab Ltd., ADR*(c)
|
| | | | 984,738 | | |
| | | | | | |
Total China
|
| | | | 69,041,629 | | |
| Denmark – 1.1% | | ||||||||||||
| | | 37 | | | |
AP Moller – Maersk AS, Class A Shares
|
| | | | 50,126 | | |
| | | 78 | | | |
AP Moller – Maersk AS, Class B Shares
|
| | | | 110,152 | | |
| | | 1,289 | | | |
Carlsberg AS, Class B Shares
|
| | | | 179,503 | | |
| | | 14,406 | | | |
Coloplast AS, Class B Shares
|
| | | | 1,912,491 | | |
| | | 16,293 | | | |
D/S Norden AS
|
| | | | 731,754 | | |
| | | 9,812 | | | |
Danske Bank AS
|
| | | | 288,213 | | |
| | | 1,540 | | | |
Demant AS*
|
| | | | 77,119 | | |
| | | 2,555 | | | |
DSV AS
|
| | | | 409,838 | | |
| | | 6,856 | | | |
Genmab AS*
|
| | | | 1,902,746 | | |
| | | 4,982 | | | |
H Lundbeck AS
|
| | | | 24,118 | | |
| | | 20,129 | | | |
Jyske Bank AS, Class Registered Shares
|
| | | | 1,626,859 | | |
| | | 60,347 | | | |
Novo Nordisk AS, ADR
|
| | | | 7,227,760 | | |
| | | 46,311 | | | |
Novo Nordisk AS, Class B Shares
|
| | | | 5,537,623 | | |
| | | 47,988 | | | |
Novozymes AS, Class B Shares(c)
|
| | | | 2,706,146 | | |
| | | 2,629 | | | |
Orsted AS(a)
|
| | | | 148,639 | | |
| | | 1,170 | | | |
Pandora AS
|
| | | | 188,881 | | |
| | | 154 | | | |
ROCKWOOL AS, Class B Shares
|
| | | | 49,454 | | |
| | | 10,096 | | | |
Royal Unibrew AS
|
| | | | 655,373 | | |
| | | 34,185 | | | |
Sydbank AS
|
| | | | 1,832,430 | | |
| | | 5,348 | | | |
Tryg AS
|
| | | | 113,620 | | |
| | | 14,909 | | | |
Vestas Wind Systems AS*
|
| | | | 415,944 | | |
| | | | | | |
Total Denmark
|
| | | | 26,188,789 | | |
| Finland – 1.1% | | ||||||||||||
| | | 1,921 | | | |
Elisa OYJ
|
| | | | 86,527 | | |
| | | 606,751 | | | |
Fortum OYJ(c)
|
| | | | 7,579,316 | | |
| | | 4,517 | | | |
Kesko OYJ, Class B Shares
|
| | | | 86,290 | | |
| | | 4,806 | | | |
Kone OYJ, Class B Shares
|
| | | | 235,264 | | |
| | | 5,194 | | | |
Mandatum OYJ*
|
| | | | 22,797 | | |
| | | 8,613 | | | |
Metso OYJ
|
| | | | 92,001 | | |
| | | 6,161 | | | |
Neste OYJ
|
| | | | 168,895 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| Finland – (continued) | | ||||||||||||
| | | 76,608 | | | |
Nokia OYJ
|
| | | $ | 270,254 | | |
| | | 50,664 | | | |
Nordea Bank Abp
|
| | | | 615,744 | | |
| | | 1,728 | | | |
Orion OYJ, Class B Shares
|
| | | | 68,004 | | |
| | | 267,974 | | | |
Outokumpu OYJ
|
| | | | 1,186,891 | | |
| | | 6,729 | | | |
Sampo OYJ, Class A Shares
|
| | | | 300,897 | | |
| | | 662,654 | | | |
Stora Enso OYJ, Class R Shares
|
| | | | 8,382,223 | | |
| | | 7,802 | | | |
UPM-Kymmene OYJ
|
| | | | 260,999 | | |
| | | 265,369 | | | |
Valmet OYJ
|
| | | | 6,948,710 | | |
| | | 6,534 | | | |
Wartsila OYJ Abp
|
| | | | 101,140 | | |
| | | | | | |
Total Finland
|
| | | | 26,405,952 | | |
| France – 7.1% | | ||||||||||||
| | | 176,126 | | | |
Accor SA
|
| | | | 7,637,097 | | |
| | | 391 | | | |
Aeroports de Paris SA
|
| | | | 53,170 | | |
| | | 7,601 | | | |
Air Liquide SA
|
| | | | 1,544,575 | | |
| | | 8,658 | | | |
Airbus SE
|
| | | | 1,431,749 | | |
| | | 3,273 | | | |
ALD SA(a)
|
| | | | 20,049 | | |
| | | 4,874 | | | |
Alstom SA(c)
|
| | | | 65,089 | | |
| | | 1,032 | | | |
Amundi SA(a)
|
| | | | 67,938 | | |
| | | 116,390 | | | |
Arkema SA
|
| | | | 12,065,529 | | |
| | | 26,255 | | | |
AXA SA
|
| | | | 933,594 | | |
| | | 692 | | | |
BioMerieux
|
| | | | 75,651 | | |
| | | 15,386 | | | |
BNP Paribas SA
|
| | | | 921,996 | | |
| | | 12,297 | | | |
Bollore SE
|
| | | | 84,312 | | |
| | | 2,884 | | | |
Bouygues SA
|
| | | | 114,019 | | |
| | | 4,131 | | | |
Bureau Veritas SA
|
| | | | 120,072 | | |
| | | 43,307 | | | |
Capgemini SE
|
| | | | 10,523,286 | | |
| | | 7,250 | | | |
Carrefour SA
|
| | | | 121,761 | | |
| | | 14 | | | |
Cie de L’Odet SE
|
| | | | 21,766 | | |
| | | 73,391 | | | |
Cie de Saint-Gobain SA
|
| | | | 5,654,279 | | |
| | | 424,111 | | | |
Cie Generale des Etablissements Michelin SCA
|
| | | | 15,721,726 | | |
| | | 920 | | | |
Covivio SA
|
| | | | 41,339 | | |
| | | 16,208 | | | |
Credit Agricole SA
|
| | | | 219,444 | | |
| | | 9,108 | | | |
Danone SA
|
| | | | 581,014 | | |
| | | 18,156 | | | |
Dassault Aviation SA
|
| | | | 3,588,940 | | |
| | | 82,497 | | | |
Dassault Systemes SE
|
| | | | 3,854,960 | | |
| | | 3,681 | | | |
Edenred SE
|
| | | | 182,280 | | |
| | | 1,171 | | | |
Eiffage SA
|
| | | | 127,467 | | |
| | | 26,038 | | | |
Engie SA
|
| | | | 417,592 | | |
| | | 5,385 | | | |
Esker SA
|
| | | | 934,742 | | |
| | | 31,986 | | | |
EssilorLuxottica SA
|
| | | | 6,799,144 | | |
| | | 693 | | | |
Eurazeo SE
|
| | | | 58,542 | | |
| | | 826 | | | |
Gecina SA
|
| | | | 79,787 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| France – (continued) | | ||||||||||||
| | | 5,255 | | | |
Getlink SE
|
| | | $ | 89,722 | | |
| | | 506 | | | |
Hermes International SCA
|
| | | | 1,269,850 | | |
| | | 467 | | | |
Ipsen SA
|
| | | | 51,312 | | |
| | | 1,226 | | | |
JCDecaux SE*
|
| | | | 25,333 | | |
| | | 1,063 | | | |
Kering SA
|
| | | | 489,914 | | |
| | | 3,437 | | | |
Klepierre SA
|
| | | | 87,283 | | |
| | | 1,435 | | | |
La Francaise des Jeux SAEM(a)
|
| | | | 60,081 | | |
| | | 104,042 | | | |
Legrand SA
|
| | | | 10,547,493 | | |
| | | 7,856 | | | |
L’Oreal SA
|
| | | | 3,760,155 | | |
| | | 17,808 | | | |
LVMH Moet Hennessy Louis Vuitton SE
|
| | | | 16,309,795 | | |
| | | 712 | | | |
Neoen SA(a)
|
| | | | 17,837 | | |
| | | 28,173 | | | |
Orange SA
|
| | | | 322,981 | | |
| | | 51,666 | | | |
Pernod Ricard SA
|
| | | | 8,683,484 | | |
| | | 1,224 | | | |
Pluxee NV*
|
| | | | 34,971 | | |
| | | 3,396 | | | |
Publicis Groupe SA
|
| | | | 359,088 | | |
| | | 304 | | | |
Remy Cointreau SA
|
| | | | 32,236 | | |
| | | 2,891 | | | |
Renault SA
|
| | | | 120,545 | | |
| | | 3,701 | | | |
Rexel SA
|
| | | | 94,877 | | |
| | | 29,434 | | | |
Safran SA
|
| | | | 6,166,430 | | |
| | | 16,113 | | | |
Sanofi SA
|
| | | | 1,530,895 | | |
| | | 10,984 | | | |
Sartorius Stedim Biotech
|
| | | | 3,022,695 | | |
| | | 74,700 | | | |
Schneider Electric SE
|
| | | | 16,956,232 | | |
| | | 2,379 | | | |
SCOR SE
|
| | | | 72,475 | | |
| | | 301 | | | |
SEB SA
|
| | | | 35,615 | | |
| | | 11,039 | | | |
Societe Generale SA
|
| | | | 267,568 | | |
| | | 1,224 | | | |
Sodexo SA
|
| | | | 97,497 | | |
| | | 319 | | | |
SOITEC*
|
| | | | 46,941 | | |
| | | 9,641 | | | |
STMicroelectronics NV
|
| | | | 438,301 | | |
| | | 871 | | | |
Teleperformance SE
|
| | | | 108,051 | | |
| | | 91,358 | | | |
Thales SA
|
| | | | 13,534,755 | | |
| | | 220,964 | | | |
TotalEnergies SE
|
| | | | 14,138,231 | | |
| | | 1,482 | | | |
Ubisoft Entertainment SA*
|
| | | | 33,989 | | |
| | | 1,478 | | | |
Unibail-Rodamco-Westfield*
|
| | | | 108,090 | | |
| | | 2,574 | | | |
Valeo SE
|
| | | | 29,842 | | |
| | | 9,500 | | | |
Veolia Environnement SA
|
| | | | 295,043 | | |
| | | 7,360 | | | |
Vinci SA
|
| | | | 942,249 | | |
| | | 8,493 | | | |
Vivendi SE
|
| | | | 94,816 | | |
| | | 268 | | | |
Wendel SE
|
| | | | 26,228 | | |
| | | 3,400 | | | |
Worldline SA*(a)
|
| | | | 39,103 | | |
| | | | | | |
Total France
|
| | | | 174,404,912 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| Germany – 7.0% | | ||||||||||||
| | | 4,477 | | | |
Adesso SE
|
| | | $ | 554,656 | | |
| | | 17,274 | | | |
adidas AG
|
| | | | 3,495,351 | | |
| | | 5,860 | | | |
Allianz SE, Class Registered Shares
|
| | | | 1,607,865 | | |
| | | 10,504 | | | |
Atoss Software AG
|
| | | | 2,717,156 | | |
| | | 320,532 | | | |
BASF SE
|
| | | | 16,314,011 | | |
| | | 77,816 | | | |
Bayer AG, Class Registered Shares
|
| | | | 2,364,001 | | |
| | | 5,437 | | | |
Bayerische Motoren Werke AG
|
| | | | 635,436 | | |
| | | 1,019 | | | |
Bechtle AG
|
| | | | 52,508 | | |
| | | 26,098 | | | |
Beiersdorf AG
|
| | | | 3,739,675 | | |
| | | 2,017 | | | |
Brenntag SE
|
| | | | 183,913 | | |
| | | 629 | | | |
Carl Zeiss Meditec AG
|
| | | | 77,360 | | |
| | | 15,349 | | | |
Commerzbank AG
|
| | | | 177,492 | | |
| | | 162,783 | | | |
Continental AG
|
| | | | 13,041,865 | | |
| | | 2,906 | | | |
Covestro AG*(a)
|
| | | | 158,264 | | |
| | | 710 | | | |
CTS Eventim AG & Co. KGaA
|
| | | | 55,805 | | |
| | | 7,761 | | | |
Daimler Truck Holding AG
|
| | | | 316,986 | | |
| | | 3,230 | | | |
Delivery Hero SE, Class A Shares*(a)
|
| | | | 74,538 | | |
| | | 29,445 | | | |
Deutsche Bank AG
|
| | | | 393,264 | | |
| | | 52,978 | | | |
Deutsche Boerse AG
|
| | | | 11,085,468 | | |
| | | 8,083 | | | |
Deutsche Lufthansa AG*
|
| | | | 62,783 | | |
| | | 221,896 | | | |
Deutsche Post AG
|
| | | | 10,293,122 | | |
| | | 304,596 | | | |
Deutsche Telekom AG, Class Registered Shares
|
| | | | 7,239,976 | | |
| | | 1,070 | | | |
Deutsche Wohnen SE
|
| | | | 22,097 | | |
| | | 1,114 | | | |
DWS Group GmbH & Co. KGaA(a)
|
| | | | 45,658 | | |
| | | 32,838 | | | |
E.ON SE
|
| | | | 419,244 | | |
| | | 14,948 | | | |
Elmos Semiconductor SE
|
| | | | 1,184,026 | | |
| | | 3,721 | | | |
Evonik Industries AG
|
| | | | 68,581 | | |
| | | 148,239 | | | |
Evotec SE*
|
| | | | 2,186,101 | | |
| | | 460 | | | |
Fielmann Group AG
|
| | | | 21,773 | | |
| | | 389 | | | |
Fraport AG Frankfurt Airport Services Worldwide*
|
| | | | 21,612 | | |
| | | 3,082 | | | |
Fresenius Medical Care AG & Co. KGaA
|
| | | | 117,857 | | |
| | | 6,054 | | | |
Fresenius SE & Co. KGaA
|
| | | | 169,562 | | |
| | | 1,416 | | | |
FUCHS SE
|
| | | | 55,398 | | |
| | | 268,448 | | | |
GEA Group AG
|
| | | | 10,820,559 | | |
| | | 916 | | | |
Hannover Rueck SE
|
| | | | 235,008 | | |
| | | 2,047 | | | |
Heidelberg Materials AG
|
| | | | 198,513 | | |
| | | 519 | | | |
Hella GmbH & Co. KGaA
|
| | | | 45,847 | | |
| | | 2,196 | | | |
HelloFresh SE*
|
| | | | 30,429 | | |
| | | 225,019 | | | |
Henkel AG & Co. KGaA
|
| | | | 16,914,764 | | |
| | | 4,881 | | | |
HOCHTIEF AG
|
| | | | 578,300 | | |
| | | 48,983 | | | |
Infineon Technologies AG
|
| | | | 1,753,424 | | |
| | | 1,291 | | | |
KION Group AG
|
| | | | 65,061 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| Germany – (continued) | | ||||||||||||
| | | 41,272 | | | |
Knorr-Bremse AG
|
| | | $ | 2,887,186 | | |
| | | 14,035 | | | |
LEG Immobilien SE*
|
| | | | 1,032,620 | | |
| | | 25,279 | | | |
Mensch und Maschine Software SE
|
| | | | 1,323,610 | | |
| | | 12,760 | | | |
Mercedes-Benz Group AG
|
| | | | 1,016,352 | | |
| | | 10,236 | | | |
Merck KGaA
|
| | | | 1,746,409 | | |
| | | 788 | | | |
MTU Aero Engines AG
|
| | | | 189,367 | | |
| | | 2,004 | | | |
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen, Class Registered
Shares |
| | | | 932,486 | | |
| | | 3,199 | | | |
Nagarro SE*(c)
|
| | | | 284,706 | | |
| | | 865 | | | |
Nemetschek SE
|
| | | | 82,465 | | |
| | | 41,207 | | | |
Nexus AG
|
| | | | 2,605,074 | | |
| | | 46,561 | | | |
Puma SE
|
| | | | 2,138,465 | | |
| | | 81 | | | |
Rational AG
|
| | | | 66,555 | | |
| | | 29,706 | | | |
Rheinmetall AG
|
| | | | 13,619,786 | | |
| | | 10,512 | | | |
RWE AG
|
| | | | 352,320 | | |
| | | 88,092 | | | |
SAP SE
|
| | | | 16,461,275 | | |
| | | 7,067 | | | |
Sartorius AG
|
| | | | 2,670,108 | | |
| | | 42,008 | | | |
Schott Pharma AG & Co. KGaA*
|
| | | | 1,844,199 | | |
| | | 1,083 | | | |
Scout24 SE(a)
|
| | | | 78,650 | | |
| | | 15,259 | | | |
Siemens AG, Class Registered Shares
|
| | | | 3,017,926 | | |
| | | 8,027 | | | |
Siemens Energy AG*
|
| | | | 123,272 | | |
| | | 4,052 | | | |
Siemens Healthineers AG(a)
|
| | | | 243,193 | | |
| | | 529 | | | |
Sixt SE
|
| | | | 41,135 | | |
| | | 31,131 | | | |
Symrise AG, Class A Shares
|
| | | | 3,182,127 | | |
| | | 43,406 | | | |
TAG Immobilien AG*
|
| | | | 529,786 | | |
| | | 647 | | | |
Talanx AG
|
| | | | 46,155 | | |
| | | 7,041 | | | |
thyssenkrupp AG
|
| | | | 35,946 | | |
| | | 959 | | | |
Traton SE
|
| | | | 25,377 | | |
| | | 85,063 | | | |
TUI AG*
|
| | | | 594,719 | | |
| | | 3,420 | | | |
Volkswagen AG
|
| | | | 471,847 | | |
| | | 103,223 | | | |
Vonovia SE
|
| | | | 2,880,155 | | |
| | | 205 | | | |
Wacker Chemie AG
|
| | | | 22,395 | | |
| | | 28,390 | | | |
Wuestenrot & Wuerttembergische AG
|
| | | | 412,273 | | |
| | | 57,389 | | | |
Zalando SE*(a)
|
| | | | 1,215,986 | | |
| | | | | | |
Total Germany
|
| | | | 171,769,234 | | |
| Greece – 0.1% | | ||||||||||||
| | | 144,961 | | | |
Sarantis SA
|
| | | | 1,435,330 | | |
| Hong Kong – 2.6% | | ||||||||||||
| | | 2,401,084 | | | |
AIA Group Ltd.
|
| | | | 19,430,331 | | |
| | | 3,600 | | | |
ASMPT Ltd.
|
| | | | 44,212 | | |
| | | 17,000 | | | |
Bank of East Asia Ltd.
|
| | | | 21,261 | | |
| | | 55,000 | | | |
BOC Hong Kong Holdings Ltd.
|
| | | | 145,567 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| Hong Kong – (continued) | | ||||||||||||
| | | 791,128 | | | |
Budweiser Brewing Co. APAC Ltd.(a)(c)
|
| | | $ | 1,290,940 | | |
| | | 24,000 | | | |
Cathay Pacific Airways Ltd.*
|
| | | | 26,008 | | |
| | | 19,600 | | | |
Chow Tai Fook Jewellery Group Ltd.
|
| | | | 29,250 | | |
| | | 29,500 | | | |
CK Asset Holdings Ltd.
|
| | | | 136,805 | | |
| | | 2,355,500 | | | |
CK Hutchison Holdings Ltd.
|
| | | | 12,021,861 | | |
| | | 7,000 | | | |
CK Infrastructure Holdings Ltd.
|
| | | | 41,294 | | |
| | | 1,533,500 | | | |
CLP Holdings Ltd.
|
| | | | 12,812,807 | | |
| | | 7,500 | | | |
DFI Retail Group Holdings Ltd.
|
| | | | 15,846 | | |
| | | 45,800 | | | |
ESR Group Ltd.(a)
|
| | | | 61,337 | | |
| | | 50,000 | | | |
First Pacific Co., Ltd.
|
| | | | 20,138 | | |
| | | 225,861 | | | |
Galaxy Entertainment Group Ltd.
|
| | | | 1,231,631 | | |
| | | 15,000 | | | |
Hang Lung Group Ltd.
|
| | | | 17,517 | | |
| | | 24,000 | | | |
Hang Lung Properties Ltd.
|
| | | | 25,984 | | |
| | | 11,200 | | | |
Hang Seng Bank Ltd.
|
| | | | 128,227 | | |
| | | 23,000 | | | |
Henderson Land Development Co., Ltd.
|
| | | | 66,555 | | |
| | | 147,000 | | | |
Hong Kong & China Gas Co., Ltd.
|
| | | | 113,883 | | |
| | | 85,900 | | | |
Hong Kong Exchanges & Clearing Ltd.
|
| | | | 2,654,156 | | |
| | | 14,900 | | | |
Hongkong Land Holdings Ltd.
|
| | | | 50,456 | | |
| | | 133,300 | | | |
Hutchison Port Holdings Trust, Class U Shares
|
| | | | 17,595 | | |
| | | 6,000 | | | |
HUTCHMED China Ltd.*
|
| | | | 18,598 | | |
| | | 10,000 | | | |
Hysan Development Co., Ltd.
|
| | | | 16,402 | | |
| | | 3,000 | | | |
Jardine Matheson Holdings Ltd.
|
| | | | 125,932 | | |
| | | 481,000 | | | |
Kerry Properties Ltd.
|
| | | | 795,211 | | |
| | | 1,803,767 | | | |
Link REIT
|
| | | | 9,038,449 | | |
| | | 28,400 | | | |
Man Wah Holdings Ltd.
|
| | | | 18,485 | | |
| | | 26,500 | | | |
MTR Corp., Ltd
|
| | | | 88,128 | | |
| | | 21,000 | | | |
New World Development Co., Ltd.
|
| | | | 26,571 | | |
| | | 18,000 | | | |
NWS Holdings Ltd.
|
| | | | 21,122 | | |
| | | 1,500 | | | |
Orient Overseas International Ltd.
|
| | | | 23,300 | | |
| | | 51,000 | | | |
PCCW Ltd.
|
| | | | 25,382 | | |
| | | 21,500 | | | |
Power Assets Holdings Ltd.
|
| | | | 129,495 | | |
| | | 40,696 | | | |
Prudential PLC
|
| | | | 402,188 | | |
| | | 46,000 | | | |
Sino Land Co., Ltd.
|
| | | | 49,704 | | |
| | | 12,000 | | | |
SITC International Holdings Co., Ltd.
|
| | | | 19,696 | | |
| | | 20,000 | | | |
Sun Hung Kai Properties Ltd.
|
| | | | 202,899 | | |
| | | 5,500 | | | |
Swire Pacific Ltd., Class A Shares
|
| | | | 45,654 | | |
| | | 12,500 | | | |
Swire Pacific Ltd., Class B Shares
|
| | | | 16,300 | | |
| | | 22,400 | | | |
Swire Properties Ltd.
|
| | | | 46,434 | | |
| | | 146,207 | | | |
Techtronic Industries Co., Ltd.
|
| | | | 1,577,335 | | |
| | | 136,000 | | | |
United Energy Group Ltd.
|
| | | | 8,330 | | |
| | | 16,000 | | | |
Vitasoy International Holdings Ltd.
|
| | | | 14,538 | | |
| | | 138,000 | | | |
WH Group Ltd.(a)
|
| | | | 83,253 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| Hong Kong – (continued) | | ||||||||||||
| | | 13,000 | | | |
Wharf Holdings Ltd.
|
| | | $ | 47,977 | | |
| | | 20,000 | | | |
Wharf Real Estate Investment Co., Ltd.
|
| | | | 67,179 | | |
| | | 28,000 | | | |
Xinyi Glass Holdings Ltd.
|
| | | | 28,533 | | |
| | | 17,500 | | | |
Yue Yuen Industrial Holdings Ltd.
|
| | | | 18,317 | | |
| | | | | | |
Total Hong Kong
|
| | | | 63,359,073 | | |
| India – 6.3% | | ||||||||||||
| | | 123,216 | | | |
Aarti Industries Ltd.
|
| | | | 984,232 | | |
| | | 40,992 | | | |
Aarti Pharmalabs Ltd.
|
| | | | 244,123 | | |
| | | 41,586 | | | |
Aavas Financiers Ltd.*
|
| | | | 725,740 | | |
| | | 396,712 | | | |
Axis Bank Ltd.
|
| | | | 5,120,552 | | |
| | | 111,016 | | | |
Bajaj Finance Ltd.
|
| | | | 8,688,026 | | |
| | | 175,881 | | | |
Berger Paints India Ltd.
|
| | | | 1,313,142 | | |
| | | 415,474 | | | |
Bharat Wire Ropes Ltd.*
|
| | | | 1,510,275 | | |
| | | 284,823 | | | |
Bharti Airtel Ltd.
|
| | | | 3,520,317 | | |
| | | 105,432 | | | |
Birlasoft Ltd.
|
| | | | 981,621 | | |
| | | 237,590 | | | |
Cello World Ltd.*
|
| | | | 2,441,965 | | |
| | | 509,856 | | | |
CESC Ltd.
|
| | | | 774,406 | | |
| | | 60,997 | | | |
Chennai Petroleum Corp., Ltd
|
| | | | 652,867 | | |
| | | 363,563 | | | |
Cholamandalam Investment & Finance Co., Ltd.
|
| | | | 4,799,220 | | |
| | | 22,086 | | | |
Divi’s Laboratories Ltd.
|
| | | | 927,182 | | |
| | | 20,772 | | | |
Dixon Technologies India Ltd.
|
| | | | 1,674,455 | | |
| | | 46,735 | | | |
Dr Lal PathLabs Ltd.
|
| | | | 1,331,464 | | |
| | | 594,862 | | | |
Edelweiss Financial Services Ltd.
|
| | | | 539,799 | | |
| | | 57,434 | | | |
Elecon Engineering Co., Ltd.
|
| | | | 692,989 | | |
| | | 218,040 | | | |
Elgi Equipments Ltd.
|
| | | | 1,715,283 | | |
| | | 2,773,641 | | | |
GMR Power & Urban Infra Ltd.*
|
| | | | 1,759,950 | | |
| | | 155,957 | | | |
Godrej Consumer Products Ltd.
|
| | | | 2,321,627 | | |
| | | 62,825 | | | |
Godrej Properties Ltd.*
|
| | | | 1,823,209 | | |
| | | 53,007 | | | |
Gujarat Narmada Valley Fertilizers & Chemicals Ltd.
|
| | | | 409,963 | | |
| | | 547,319 | | | |
HDFC Bank Ltd.
|
| | | | 9,253,396 | | |
| | | 75,061 | | | |
HDFC Bank Ltd., ADR
|
| | | | 4,015,763 | | |
| | | 277,322 | | | |
HDFC Life Insurance Co., Ltd.(a)
|
| | | | 1,948,748 | | |
| | | 174,321 | | | |
Hindustan Unilever Ltd.
|
| | | | 5,047,840 | | |
| | | 617,320 | | | |
Honasa Consumer Ltd.*
|
| | | | 3,102,087 | | |
| | | 184,871 | | | |
ICICI Bank Ltd., ADR
|
| | | | 4,734,546 | | |
| | | 535,184 | | | |
Indus Towers Ltd.*
|
| | | | 1,640,758 | | |
| | | 35,362 | | | |
Info Edge India Ltd.
|
| | | | 2,247,672 | | |
| | | 71,220 | | | |
Jindal Saw Ltd.*
|
| | | | 410,795 | | |
| | | 425,642 | | | |
Jio Financial Services Ltd.*
|
| | | | 1,589,073 | | |
| | | 1,319,532 | | | |
JM Financial Ltd.
|
| | | | 1,534,930 | | |
| | | 29,720 | | | |
Jubilant Foodworks Ltd.
|
| | | | 166,969 | | |
| | | 9,463 | | | |
Kaynes Technology India Ltd.*
|
| | | | 345,669 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| India – (continued) | | ||||||||||||
| | | 180,753 | | | |
KPIT Technologies Ltd.
|
| | | $ | 3,433,241 | | |
| | | 97,142 | | | |
Larsen & Toubro Ltd.
|
| | | | 4,088,031 | | |
| | | 121,512 | | | |
LIC Housing Finance Ltd.*
|
| | | | 949,188 | | |
| | | 58,790 | | | |
Mahindra & Mahindra Ltd.
|
| | | | 1,373,689 | | |
| | | 51,515 | | | |
Maruti Suzuki India Ltd.
|
| | | | 7,058,075 | | |
| | | 98,631 | | | |
Max Financial Services Ltd.*
|
| | | | 1,156,051 | | |
| | | 117,782 | | | |
Max Healthcare Institute Ltd.
|
| | | | 1,116,440 | | |
| | | 87,340 | | | |
Medi Assist Healthcare Services Ltd.*(a)
|
| | | | 538,348 | | |
| | | 52,039 | | | |
Mold-Tek Packaging Ltd.
|
| | | | 533,395 | | |
| | | 5,489 | | | |
Muthoot Finance Ltd.
|
| | | | 85,507 | | |
| | | 379,490 | | | |
NCC Ltd.
|
| | | | 1,133,720 | | |
| | | 314,903 | | | |
Nippon Life India Asset Management Ltd.(a)
|
| | | | 1,948,858 | | |
| | | 1,508,491 | | | |
NTPC Ltd.
|
| | | | 6,079,130 | | |
| | | 13,160 | | | |
Nuvama Wealth Management Ltd.*
|
| | | | 652,088 | | |
| | | 126,522 | | | |
Poonawalla Fincorp Ltd.
|
| | | | 715,698 | | |
| | | 638,661 | | | |
Power Finance Corp., Ltd.
|
| | | | 3,096,148 | | |
| | | 233,367 | | | |
Redington Ltd.
|
| | | | 587,007 | | |
| | | 101,986 | | | |
Reliance Industries Ltd.
|
| | | | 3,610,944 | | |
| | | 123,714 | | | |
SBI Life Insurance Co., Ltd.(a)
|
| | | | 2,324,318 | | |
| | | 28,556 | | | |
SRF Ltd.
|
| | | | 822,881 | | |
| | | 652,153 | | | |
Star Health & Allied Insurance Co., Ltd.*
|
| | | | 4,401,196 | | |
| | | 14,428 | | | |
Supreme Industries Ltd.
|
| | | | 719,228 | | |
| | | 208,530 | | | |
Suyog Telematics Ltd.
|
| | | | 2,994,452 | | |
| | | 106,917 | | | |
Tata Communications Ltd.
|
| | | | 2,474,897 | | |
| | | 19,660 | | | |
Tata Consultancy Services Ltd.
|
| | | | 977,608 | | |
| | | 131,959 | | | |
Tata Consumer Products Ltd.
|
| | | | 1,887,640 | | |
| | | 227,610 | | | |
Titan Co., Ltd.
|
| | | | 10,009,248 | | |
| | | 45,062 | | | |
Trent Ltd.
|
| | | | 2,118,120 | | |
| | | 102,319 | | | |
Varun Beverages Ltd.
|
| | | | 1,735,097 | | |
| | | 371,965 | | | |
Vijaya Diagnostic Centre Pvt Ltd.
|
| | | | 2,912,389 | | |
| | | 1,591,851 | | | |
Zomato Ltd.*
|
| | | | 3,216,875 | | |
| | | | | | |
Total India
|
| | | | 155,740,160 | | |
| Indonesia – 0.6% | | ||||||||||||
| | | 16,478,400 | | | |
Bank Central Asia Tbk PT
|
| | | | 10,331,180 | | |
| | | 7,879,429 | | | |
Bank Rakyat Indonesia Persero Tbk PT
|
| | | | 3,059,048 | | |
| | | 620,700 | | | |
Indo Tambangraya Megah Tbk PT
|
| | | | 1,036,175 | | |
| | | 21,836,700 | | | |
Sarana Menara Nusantara Tbk PT
|
| | | | 1,277,703 | | |
| | | | | | |
Total Indonesia
|
| | | | 15,704,106 | | |
| Ireland – 1.6% | | ||||||||||||
| | | 1,803,151 | | | |
AIB Group PLC
|
| | | | 8,357,437 | | |
| | | 614,712 | | | |
Bank of Ireland Group PLC
|
| | | | 5,355,395 | | |
| | | 100,991 | | | |
CRH PLC
|
| | | | 8,501,543 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| Ireland – (continued) | | ||||||||||||
| | | 1,381 | | | |
DCC PLC
|
| | | $ | 97,993 | | |
| | | 202,698 | | | |
Experian PLC
|
| | | | 8,680,709 | | |
| | | 2,617 | | | |
Flutter Entertainment PLC*
|
| | | | 566,620 | | |
| | | 3,222 | | | |
Glanbia PLC
|
| | | | 58,316 | | |
| | | 6,518 | | | |
James Hardie Industries PLC*
|
| | | | 258,004 | | |
| | | 2,319 | | | |
Kerry Group PLC, Class A Shares
|
| | | | 203,407 | | |
| | | 2,137 | | | |
Kingspan Group PLC
|
| | | | 192,992 | | |
| | | 25,952 | | | |
PDD Holdings Inc., ADR*
|
| | | | 3,232,062 | | |
| | | 28,105 | | | |
Ryanair Holdings PLC, ADR
|
| | | | 3,885,516 | | |
| | | 4,107 | | | |
Smurfit Kappa Group PLC
|
| | | | 175,620 | | |
| | | | | | |
Total Ireland
|
| | | | 39,565,614 | | |
| Israel – 0.2% | | ||||||||||||
| | | 1,281 | | | |
Airport City Ltd.*
|
| | | | 21,583 | | |
| | | 4,825 | | | |
Amot Investments Ltd.
|
| | | | 24,633 | | |
| | | 384 | | | |
Azrieli Group Ltd.
|
| | | | 27,809 | | |
| | | 20,122 | | | |
Bank Hapoalim BM
|
| | | | 192,556 | | |
| | | 20,375 | | | |
Bank Leumi Le-Israel BM
|
| | | | 170,690 | | |
| | | 22,428 | | | |
Bezeq The Israeli Telecommunication Corp., Ltd.
|
| | | | 30,269 | | |
| | | 242 | | | |
Big Shopping Centers Ltd.*
|
| | | | 26,748 | | |
| | | 133 | | | |
Delek Group Ltd.
|
| | | | 17,930 | | |
| | | 347 | | | |
Elbit Systems Ltd.
|
| | | | 77,156 | | |
| | | 51 | | | |
Electra Ltd.
|
| | | | 22,138 | | |
| | | 6,484 | | | |
Energix-Renewable Energies Ltd.
|
| | | | 24,295 | | |
| | | 1,252 | | | |
Enlight Renewable Energy Ltd.*
|
| | | | 21,631 | | |
| | | 201 | | | |
Fattal Holdings 1998 Ltd.*
|
| | | | 27,467 | | |
| | | 468 | | | |
First International Bank Of Israel Ltd.
|
| | | | 20,181 | | |
| | | 2,529 | | | |
Harel Insurance Investments & Financial Services Ltd.*
|
| | | | 25,123 | | |
| | | 11,353 | | | |
ICL Group Ltd.
|
| | | | 60,120 | | |
| | | 77 | | | |
Israel Corp., Ltd*
|
| | | | 20,187 | | |
| | | 15,480 | | | |
Israel Discount Bank Ltd., Class A Shares
|
| | | | 80,656 | | |
| | | 451 | | | |
Melisron Ltd.
|
| | | | 34,837 | | |
| | | 10,360 | | | |
Mivne Real Estate KD Ltd.
|
| | | | 27,784 | | |
| | | 1,713 | | | |
Mizrahi Tefahot Bank Ltd.
|
| | | | 67,752 | | |
| | | 30,731 | | | |
Nayax Ltd.*
|
| | | | 850,063 | | |
| | | 938 | | | |
Nice Ltd.*
|
| | | | 230,032 | | |
| | | 9,590 | | | |
Nice Ltd., ADR*
|
| | | | 2,350,988 | | |
| | | 392 | | | |
Nova Ltd.*
|
| | | | 66,692 | | |
| | | 3,103 | | | |
OPC Energy Ltd.*
|
| | | | 21,733 | | |
| | | 2,129 | | | |
Phoenix Holdings Ltd.
|
| | | | 22,961 | | |
| | | 15,699 | | | |
Rami Levy Chain Stores Hashikma Marketing 2006 Ltd.
|
| | | | 964,905 | | |
| | | 3,042 | | | |
Shapir Engineering & Industry Ltd.
|
| | | | 18,482 | | |
| | | 270 | | | |
Strauss Group Ltd.*
|
| | | | 5,351 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| Israel – (continued) | | ||||||||||||
| | | 16,621 | | | |
Teva Pharmaceutical Industries Ltd.*
|
| | | $ | 218,824 | | |
| | | 1,588 | | | |
Tower Semiconductor Ltd.*
|
| | | | 52,263 | | |
| | | | | | |
Total Israel
|
| | | | 5,823,839 | | |
| Italy – 1.9% | | ||||||||||||
| | | 25,149 | | | |
A2A SpA
|
| | | | 45,709 | | |
| | | 1,674 | | | |
Amplifon SpA
|
| | | | 55,796 | | |
| | | 18,256 | | | |
Assicurazioni Generali SpA
|
| | | | 432,810 | | |
| | | 329,848 | | | |
Azimut Holding SpA
|
| | | | 9,485,638 | | |
| | | 251,249 | | | |
Banca Mediolanum SpA
|
| | | | 2,711,182 | | |
| | | 21,282 | | | |
Banco BPM SpA
|
| | | | 124,089 | | |
| | | 832,319 | | | |
BPER Banca
|
| | | | 3,339,121 | | |
| | | 17,051 | | | |
Buzzi SpA
|
| | | | 576,630 | | |
| | | 7,803 | | | |
Davide Campari-Milano NV
|
| | | | 79,239 | | |
| | | 24,988 | | | |
DiaSorin SpA
|
| | | | 2,518,444 | | |
| | | 21,670 | | | |
Digital Value SpA
|
| | | | 1,362,109 | | |
| | | 2,011,335 | | | |
Enel SpA
|
| | | | 12,801,451 | | |
| | | 31,635 | | | |
Eni SpA
|
| | | | 487,098 | | |
| | | 118,497 | | | |
Ermenegildo Zegna NV
|
| | | | 1,694,507 | | |
| | | 1,762 | | | |
Ferrari NV
|
| | | | 743,528 | | |
| | | 9,313 | | | |
FinecoBank Banca Fineco SpA
|
| | | | 128,847 | | |
| | | 44,737 | | | |
Gruppo MutuiOnline SpA
|
| | | | 1,646,492 | | |
| | | 9,413 | | | |
Hera SpA
|
| | | | 32,548 | | |
| | | 5,394 | | | |
Infrastrutture Wireless Italiane SpA(a)
|
| | | | 59,692 | | |
| | | 1,037 | | | |
Interpump Group SpA
|
| | | | 49,236 | | |
| | | 229,375 | | | |
Intesa Sanpaolo SpA
|
| | | | 730,670 | | |
| | | 9,240 | | | |
Italgas SpA
|
| | | | 50,497 | | |
| | | 164,833 | | | |
Iveco Group NV*
|
| | | | 2,030,498 | | |
| | | 5,661 | | | |
Leonardo SpA
|
| | | | 120,986 | | |
| | | 8,538 | | | |
Mediobanca Banca di Credito Finanziario SpA
|
| | | | 116,349 | | |
| | | 3,037 | | | |
Moncler SpA
|
| | | | 218,900 | | |
| | | 11,164 | | | |
Nexi SpA*(a)
|
| | | | 81,868 | | |
| | | 6,566 | | | |
Pirelli & C SpA(a)
|
| | | | 38,724 | | |
| | | 6,921 | | | |
Poste Italiane SpA(a)
|
| | | | 81,287 | | |
| | | 8,900 | | | |
PRADA SpA
|
| | | | 62,769 | | |
| | | 3,948 | | | |
Prysmian SpA
|
| | | | 196,855 | | |
| | | 1,219 | | | |
Recordati Industria Chimica e Farmaceutica SpA
|
| | | | 68,268 | | |
| | | 386 | | | |
Reply SpA
|
| | | | 53,578 | | |
| | | 31,446 | | | |
Snam SpA
|
| | | | 147,184 | | |
| | | 215,843 | | | |
Telecom Italia SpA*
|
| | | | 66,059 | | |
| | | 20,240 | | | |
Terna – Rete Elettrica Nazionale
|
| | | | 158,593 | | |
| | | 25,608 | | | |
UniCredit SpA
|
| | | | 856,349 | | |
| | | 349,776 | | | |
Unipol Gruppo SpA
|
| | | | 2,815,986 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| Italy – (continued) | | ||||||||||||
| | | 13,240 | | | |
UnipolSai Assicurazioni SpA
|
| | | $ | 38,148 | | |
| | | | | | |
Total Italy
|
| | | | 46,307,734 | | |
| Japan – 15.3% | | ||||||||||||
| | | 1,200 | | | |
ABC-Mart Inc.
|
| | | | 20,571 | | |
| | | 8,500 | | | |
Acom Co., Ltd.
|
| | | | 21,144 | | |
| | | 8 | | | |
Activia Properties Inc.
|
| | | | 20,785 | | |
| | | 45,400 | | | |
Adastria Co., Ltd.
|
| | | | 1,034,337 | | |
| | | 24 | | | |
Advance Residence Investment Corp.
|
| | | | 48,987 | | |
| | | 10,900 | | | |
Advantest Corp.
|
| | | | 511,825 | | |
| | | 10,500 | | | |
Aeon Co., Ltd.
|
| | | | 250,472 | | |
| | | 2,300 | | | |
AEON Financial Service Co., Ltd.
|
| | | | 20,043 | | |
| | | 1,600 | | | |
Aeon Mall Co., Ltd.
|
| | | | 18,679 | | |
| | | 21 | | | |
AEON REIT Investment Corp.
|
| | | | 18,429 | | |
| | | 2,700 | | | |
AGC Inc.
|
| | | | 96,535 | | |
| | | 800 | | | |
Aica Kogyo Co., Ltd.
|
| | | | 19,015 | | |
| | | 700 | | | |
Ain Holdings Inc.
|
| | | | 22,123 | | |
| | | 2,000 | | | |
Air Water Inc.
|
| | | | 28,911 | | |
| | | 2,400 | | | |
Aisin Corp.
|
| | | | 90,587 | | |
| | | 7,500 | | | |
Ajinomoto Co., Inc.
|
| | | | 274,902 | | |
| | | 31,100 | | | |
Alfresa Holdings Corp.
|
| | | | 464,271 | | |
| | | 2,500 | | | |
Alps Alpine Co., Ltd.
|
| | | | 18,440 | | |
| | | 69,500 | | | |
Amada Co., Ltd.
|
| | | | 773,166 | | |
| | | 900 | | | |
Amano Corp.
|
| | | | 22,013 | | |
| | | 1,000 | | | |
Amvis Holdings Inc.
|
| | | | 16,654 | | |
| | | 2,400 | | | |
ANA Holdings Inc.*
|
| | | | 52,296 | | |
| | | 2,200 | | | |
Anritsu Corp.
|
| | | | 19,005 | | |
| | | 1,900 | | | |
Aozora Bank Ltd.
|
| | | | 34,168 | | |
| | | 600 | | | |
Ariake Japan Co., Ltd.
|
| | | | 21,155 | | |
| | | 500 | | | |
As One Corp.
|
| | | | 17,431 | | |
| | | 334,900 | | | |
Asahi Group Holdings Ltd.
|
| | | | 11,483,116 | | |
| | | 2,800 | | | |
Asahi Intecc Co., Ltd.
|
| | | | 58,237 | | |
| | | 16,700 | | | |
Asahi Kasei Corp.
|
| | | | 116,261 | | |
| | | 2,200 | | | |
Asics Corp.
|
| | | | 93,725 | | |
| | | 26,500 | | | |
Astellas Pharma Inc.
|
| | | | 292,505 | | |
| | | 152,722 | | | |
Avant Group Corp.
|
| | | | 1,393,515 | | |
| | | 1,500 | | | |
Azbil Corp.
|
| | | | 44,053 | | |
| | | 102,981 | | | |
AZ-COM MARUWA Holdings Inc.
|
| | | | 1,016,603 | | |
| | | 14,156 | | | |
AZOOM Co., Ltd.
|
| | | | 607,940 | | |
| | | 8,100 | | | |
Bandai Namco Holdings Inc.
|
| | | | 159,888 | | |
| | | 26,100 | | | |
baudroie inc*
|
| | | | 584,939 | | |
| | | 2,200 | | | |
BayCurrent Consulting Inc.
|
| | | | 49,352 | | |
| | | 1,400 | | | |
Benefit One Inc.
|
| | | | 20,250 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| Japan – (continued) | | ||||||||||||
| | | 1,600 | | | |
Benesse Holdings Inc.
|
| | | $ | 27,669 | | |
| | | 2,700 | | | |
Bic Camera Inc.
|
| | | | 23,193 | | |
| | | 17,700 | | | |
BIPROGY Inc.
|
| | | | 548,083 | | |
| | | 8,200 | | | |
Bridgestone Corp.
|
| | | | 353,257 | | |
| | | 4,700 | | | |
Brother Industries Ltd.
|
| | | | 78,798 | | |
| | | 114,300 | | | |
Calbee Inc.
|
| | | | 2,440,400 | | |
| | | 13,500 | | | |
Canon Inc.
|
| | | | 394,247 | | |
| | | 800 | | | |
Canon Marketing Japan Inc.
|
| | | | 23,812 | | |
| | | 2,700 | | | |
Capcom Co., Ltd.
|
| | | | 108,791 | | |
| | | 2,500 | | | |
Casio Computer Co., Ltd.
|
| | | | 19,980 | | |
| | | 13,100 | | | |
Central Japan Railway Co.
|
| | | | 329,620 | | |
| | | 417,300 | | | |
Chiba Bank Ltd.
|
| | | | 3,394,625 | | |
| | | 10,400 | | | |
Chubu Electric Power Co., Inc.
|
| | | | 129,567 | | |
| | | 121,800 | | | |
Chugai Pharmaceutical Co., Ltd.
|
| | | | 4,883,132 | | |
| | | 2,900 | | | |
Chugin Financial Group Inc.
|
| | | | 22,868 | | |
| | | 3,800 | | | |
Chugoku Electric Power Co., Inc.
|
| | | | 25,642 | | |
| | | 1,500 | | | |
Coca-Cola Bottlers Japan Holdings Inc.
|
| | | | 19,826 | | |
| | | 30,800 | | | |
COMSYS Holdings Corp.
|
| | | | 679,925 | | |
| | | 15,500 | | | |
Concordia Financial Group Ltd.
|
| | | | 78,487 | | |
| | | 1,400 | | | |
Cosmo Energy Holdings Co., Ltd.
|
| | | | 62,375 | | |
| | | 300 | | | |
Cosmos Pharmaceutical Corp.
|
| | | | 29,276 | | |
| | | 126,200 | | | |
Credit Saison Co., Ltd.
|
| | | | 2,450,879 | | |
| | | 7,200 | | | |
CyberAgent Inc.
|
| | | | 50,538 | | |
| | | 3,200 | | | |
Dai Nippon Printing Co., Ltd.
|
| | | | 93,424 | | |
| | | 52,100 | | | |
Daicel Corp.
|
| | | | 493,165 | | |
| | | 79,000 | | | |
Daido Steel Co., Ltd.
|
| | | | 932,388 | | |
| | | 4,100 | | | |
Daifuku Co., Ltd.
|
| | | | 96,711 | | |
| | | 13,900 | | | |
Dai-ichi Life Holdings Inc.
|
| | | | 316,501 | | |
| | | 127,500 | | | |
Daiichi Sankyo Co., Ltd.
|
| | | | 4,234,028 | | |
| | | 1,400 | | | |
Daiichikosho Co., Ltd.
|
| | | | 18,103 | | |
| | | 16,900 | | | |
Daikin Industries Ltd.
|
| | | | 2,375,282 | | |
| | | 900 | | | |
Daito Trust Construction Co., Ltd.
|
| | | | 106,776 | | |
| | | 9,400 | | | |
Daiwa House Industry Co., Ltd.
|
| | | | 272,050 | | |
| | | 28 | | | |
Daiwa House REIT Investment Corp., Class A Shares
|
| | | | 45,707 | | |
| | | 5 | | | |
Daiwa Office Investment Corp., Class A Shares
|
| | | | 19,468 | | |
| | | 19,400 | | | |
Daiwa Securities Group Inc.
|
| | | | 142,996 | | |
| | | 27 | | | |
Daiwa Securities Living Investments Corp., Class A Shares
|
| | | | 18,154 | | |
| | | 35,000 | | | |
Daiwabo Holdings Co., Ltd.
|
| | | | 614,148 | | |
| | | 1,900 | | | |
DeNA Co., Ltd.
|
| | | | 18,582 | | |
| | | 1,500 | | | |
Denka Co., Ltd.
|
| | | | 24,596 | | |
| | | 30,400 | | | |
Denso Corp.
|
| | | | 553,820 | | |
| | | 3,400 | | | |
Dentsu Group Inc.
|
| | | | 94,070 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| Japan – (continued) | | ||||||||||||
| | | 500 | | | |
Dentsu Soken Inc.
|
| | | $ | 17,876 | | |
| | | 700 | | | |
Descente Ltd.
|
| | | | 15,770 | | |
| | | 21,300 | | | |
Dexerials Corp.
|
| | | | 859,248 | | |
| | | 1,100 | | | |
DIC Corp.
|
| | | | 21,205 | | |
| | | 18,400 | | | |
Disco Corp.
|
| | | | 5,987,813 | | |
| | | 1,300 | | | |
DMG Mori Co., Ltd.
|
| | | | 30,072 | | |
| | | 700 | | | |
Dowa Holdings Co., Ltd.
|
| | | | 24,491 | | |
| | | 5,400 | | | |
East Japan Railway Co.
|
| | | | 319,477 | | |
| | | 15,300 | | | |
Ebara Corp.
|
| | | | 1,291,484 | | |
| | | 51,100 | | | |
EDION Corp.
|
| | | | 524,948 | | |
| | | 3,900 | | | |
Eisai Co., Ltd.
|
| | | | 162,320 | | |
| | | 165,900 | | | |
Electric Power Development Co., Ltd.
|
| | | | 2,713,645 | | |
| | | 39,300 | | | |
ENEOS Holdings Inc.
|
| | | | 169,660 | | |
| | | 1,300 | | | |
EXEO Group Inc.
|
| | | | 27,307 | | |
| | | 59,200 | | | |
Ezaki Glico Co., Ltd.
|
| | | | 1,759,603 | | |
| | | 1,300 | | | |
Fancl Corp.
|
| | | | 17,972 | | |
| | | 14,100 | | | |
FANUC Corp.
|
| | | | 412,227 | | |
| | | 2,300 | | | |
Fast Retailing Co., Ltd.
|
| | | | 668,508 | | |
| | | 1,200 | | | |
Food & Life Cos., Ltd.
|
| | | | 23,864 | | |
| | | 1,200 | | | |
FP Corp.
|
| | | | 22,027 | | |
| | | 8 | | | |
Frontier Real Estate Investment Corp.
|
| | | | 22,919 | | |
| | | 1,600 | | | |
Fuji Electric Co., Ltd.
|
| | | | 97,386 | | |
| | | 600 | | | |
Fuji Kyuko Co., Ltd.
|
| | | | 15,969 | | |
| | | 1,300 | | | |
Fuji Oil Holdings Inc.
|
| | | | 21,706 | | |
| | | 5,300 | | | |
FUJIFILM Holdings Corp.
|
| | | | 335,763 | | |
| | | 2,900 | | | |
Fujikura Ltd.
|
| | | | 35,436 | | |
| | | 1,100 | | | |
Fujitsu General Ltd.
|
| | | | 14,197 | | |
| | | 2,600 | | | |
Fujitsu Ltd.
|
| | | | 405,580 | | |
| | | 2,200 | | | |
Fukuoka Financial Group Inc.
|
| | | | 57,057 | | |
| | | 28,326 | | | |
Funai Soken Holdings Inc.
|
| | | | 476,191 | | |
| | | 1,200 | | | |
Furukawa Electric Co., Ltd.
|
| | | | 23,677 | | |
| | | 300 | | | |
Fuyo General Lease Co., Ltd.
|
| | | | 27,364 | | |
| | | 81 | | | |
GLP J-Reit
|
| | | | 64,240 | | |
| | | 1,200 | | | |
GMO internet group Inc.
|
| | | | 21,717 | | |
| | | 500 | | | |
GMO Payment Gateway Inc.
|
| | | | 33,777 | | |
| | | 500 | | | |
Goldwin Inc.
|
| | | | 28,990 | | |
| | | 1,400 | | | |
GS Yuasa Corp.
|
| | | | 26,369 | | |
| | | 54,800 | | | |
GungHo Online Entertainment Inc.
|
| | | | 794,296 | | |
| | | 144,600 | | | |
Hachijuni Bank Ltd.
|
| | | | 885,916 | | |
| | | 2,700 | | | |
Hakuhodo DY Holdings Inc.
|
| | | | 25,112 | | |
| | | 1,600 | | | |
Hamamatsu Photonics KK
|
| | | | 57,458 | | |
| | | 3,600 | | | |
Hankyu Hanshin Holdings Inc.
|
| | | | 103,748 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| Japan – (continued) | | ||||||||||||
| | | 23,100 | | | |
Hanwa Co., Ltd.
|
| | | $ | 878,225 | | |
| | | 900 | | | |
Harmonic Drive Systems Inc.
|
| | | | 23,573 | | |
| | | 4,200 | | | |
Haseko Corp.
|
| | | | 52,029 | | |
| | | 1,400 | | | |
Heiwa Corp.
|
| | | | 19,315 | | |
| | | 10,400 | | | |
Hikari Tsushin Inc.
|
| | | | 1,881,799 | | |
| | | 5,700 | | | |
Hino Motors Ltd.*
|
| | | | 18,976 | | |
| | | 3,400 | | | |
Hirogin Holdings Inc.
|
| | | | 24,264 | | |
| | | 36,010 | | | |
Hirose Electric Co., Ltd.
|
| | | | 3,828,045 | | |
| | | 800 | | | |
Hisamitsu Pharmaceutical Co., Inc.
|
| | | | 20,672 | | |
| | | 1,500 | | | |
Hitachi Construction Machinery Co., Ltd.
|
| | | | 43,377 | | |
| | | 13,100 | | | |
Hitachi Ltd.
|
| | | | 1,103,845 | | |
| | | 1,202,500 | | | |
Honda Motor Co., Ltd.
|
| | | | 14,280,421 | | |
| | | 5,800 | | | |
Horiba Ltd.
|
| | | | 566,958 | | |
| | | 1,700 | | | |
Hoshizaki Corp.
|
| | | | 58,043 | | |
| | | 1,700 | | | |
House Foods Group Inc.
|
| | | | 35,658 | | |
| | | 5,100 | | | |
Hoya Corp.
|
| | | | 665,265 | | |
| | | 5,400 | | | |
Hulic Co., Ltd.
|
| | | | 53,863 | | |
| | | 1,700 | | | |
Ibiden Co., Ltd.
|
| | | | 78,583 | | |
| | | 16,700 | | | |
Idemitsu Kosan Co., Ltd.
|
| | | | 105,835 | | |
| | | 80,100 | | | |
IDOM Inc.
|
| | | | 484,175 | | |
| | | 2,100 | | | |
IHI Corp.
|
| | | | 46,304 | | |
| | | 2,600 | | | |
Iida Group Holdings Co., Ltd.
|
| | | | 33,567 | | |
| | | 22 | | | |
Industrial & Infrastructure Fund Investment Corp., Class A Shares
|
| | | | 18,490 | | |
| | | 336,900 | | | |
Infomart Corp.
|
| | | | 957,589 | | |
| | | 2,300 | | | |
INFRONEER Holdings Inc.
|
| | | | 23,575 | | |
| | | 13,500 | | | |
Inpex Corp.
|
| | | | 180,794 | | |
| | | 1,300 | | | |
Internet Initiative Japan Inc.
|
| | | | 24,125 | | |
| | | 80 | | | |
Invincible Investment Corp.
|
| | | | 32,854 | | |
| | | 5,900 | | | |
Isetan Mitsukoshi Holdings Ltd.
|
| | | | 83,488 | | |
| | | 7,900 | | | |
Isuzu Motors Ltd.
|
| | | | 112,573 | | |
| | | 700 | | | |
Ito En Ltd.
|
| | | | 19,503 | | |
| | | 19,600 | | | |
ITOCHU Corp.
|
| | | | 854,189 | | |
| | | 1,000 | | | |
Itoham Yonekyu Holdings Inc.
|
| | | | 27,433 | | |
| | | 800 | | | |
Iwatani Corp.
|
| | | | 39,781 | | |
| | | 2,700 | | | |
Iyogin Holdings Inc.
|
| | | | 20,252 | | |
| | | 2,300 | | | |
J Front Retailing Co., Ltd.
|
| | | | 22,876 | | |
| | | 36,700 | | | |
JAFCO Group Co., Ltd.
|
| | | | 440,792 | | |
| | | 1,700 | | | |
Japan Airlines Co., Ltd.
|
| | | | 31,733 | | |
| | | 1,100 | | | |
Japan Airport Terminal Co., Ltd.
|
| | | | 43,244 | | |
| | | 215,600 | | | |
Japan Elevator Service Holdings Co., Ltd.
|
| | | | 3,464,329 | | |
| | | 7,200 | | | |
Japan Exchange Group Inc.
|
| | | | 188,346 | | |
| | | 57 | | | |
Japan Hotel REIT Investment Corp., Class A Shares
|
| | | | 27,627 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| Japan – (continued) | | ||||||||||||
| | | 10 | | | |
Japan Logistics Fund Inc.
|
| | | $ | 17,069 | | |
| | | 93 | | | |
Japan Metropolitan Fund Invest
|
| | | | 54,865 | | |
| | | 14,300 | | | |
Japan Petroleum Exploration Co., Ltd.
|
| | | | 581,355 | | |
| | | 21,300 | | | |
Japan Post Bank Co., Ltd.
|
| | | | 227,020 | | |
| | | 29,300 | | | |
Japan Post Holdings Co., Ltd.
|
| | | | 282,841 | | |
| | | 2,700 | | | |
Japan Post Insurance Co., Ltd.
|
| | | | 49,736 | | |
| | | 11 | | | |
Japan Prime Realty Investment Corp.
|
| | | | 24,131 | | |
| | | 18 | | | |
Japan Real Estate Investment Corp.
|
| | | | 64,923 | | |
| | | 1,100 | | | |
Japan Steel Works Ltd.
|
| | | | 20,054 | | |
| | | 17,500 | | | |
Japan Tobacco Inc.
|
| | | | 454,802 | | |
| | | 8,776 | | | |
JCR Pharmaceuticals Co., Ltd.
|
| | | | 52,762 | | |
| | | 9,400 | | | |
Jeol Ltd.
|
| | | | 417,363 | | |
| | | 8,900 | | | |
JFE Holdings Inc.
|
| | | | 145,961 | | |
| | | 87,800 | | | |
JGC Holdings Corp.
|
| | | | 799,271 | | |
| | | 500 | | | |
JMDC Inc.
|
| | | | 12,390 | | |
| | | 2,200 | | | |
JSR Corp.
|
| | | | 59,071 | | |
| | | 57,000 | | | |
JTEKT Corp.
|
| | | | 531,175 | | |
| | | 1,000 | | | |
Justsystems Corp.
|
| | | | 17,889 | | |
| | | 1,000 | | | |
Kadokawa Corp.
|
| | | | 19,087 | | |
| | | 1,500 | | | |
Kagome Co., Ltd.
|
| | | | 34,480 | | |
| | | 5,600 | | | |
Kajima Corp.
|
| | | | 103,936 | | |
| | | 1,800 | | | |
Kakaku.com Inc.
|
| | | | 20,649 | | |
| | | 1,000 | | | |
Kamigumi Co., Ltd.
|
| | | | 23,409 | | |
| | | 2,100 | | | |
Kandenko Co., Ltd.
|
| | | | 23,938 | | |
| | | 800 | | | |
Kaneka Corp.
|
| | | | 19,236 | | |
| | | 10,800 | | | |
Kansai Electric Power Co., Inc.
|
| | | | 138,346 | | |
| | | 2,200 | | | |
Kansai Paint Co., Ltd.
|
| | | | 31,924 | | |
| | | 6,500 | | | |
Kao Corp.
|
| | | | 247,226 | | |
| | | 1,300 | | | |
Katitas Co., Ltd.
|
| | | | 17,446 | | |
| | | 2,200 | | | |
Kawasaki Heavy Industries Ltd.
|
| | | | 60,793 | | |
| | | 3,200 | | | |
Kawasaki Kisen Kaisha Ltd.
|
| | | | 154,041 | | |
| | | 22,700 | | | |
KDDI Corp.
|
| | | | 690,394 | | |
| | | 53 | | | |
KDX Realty Investment Corp., Class A Shares
|
| | | | 53,117 | | |
| | | 900 | | | |
Keihan Holdings Co., Ltd.
|
| | | | 20,820 | | |
| | | 4,000 | | | |
Keikyu Corp.
|
| | | | 35,519 | | |
| | | 1,800 | | | |
Keio Corp.
|
| | | | 50,463 | | |
| | | 2,000 | | | |
Keisei Electric Railway Co., Ltd.
|
| | | | 93,431 | | |
| | | 2,500 | | | |
Kewpie Corp.
|
| | | | 46,533 | | |
| | | 13,715 | | | |
Keyence Corp.
|
| | | | 6,436,052 | | |
| | | 2,700 | | | |
Kikkoman Corp.
|
| | | | 176,829 | | |
| | | 1,700 | | | |
Kinden Corp.
|
| | | | 28,943 | | |
| | | 2,800 | | | |
Kintetsu Group Holdings Co., Ltd.
|
| | | | 86,024 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| Japan – (continued) | | ||||||||||||
| | | 11,100 | | | |
Kirin Holdings Co., Ltd.
|
| | | $ | 154,409 | | |
| | | 800 | | | |
Kobayashi Pharmaceutical Co., Ltd.
|
| | | | 31,934 | | |
| | | 2,200 | | | |
Kobe Bussan Co., Ltd.
|
| | | | 59,196 | | |
| | | 5,300 | | | |
Kobe Steel Ltd.
|
| | | | 72,688 | | |
| | | 3,800 | | | |
Koei Tecmo Holdings Co., Ltd.
|
| | | | 47,548 | | |
| | | 99,200 | | | |
Koito Manufacturing Co., Ltd.
|
| | | | 1,259,907 | | |
| | | 1,200 | | | |
Kokuyo Co., Ltd.
|
| | | | 18,971 | | |
| | | 436,000 | | | |
Komatsu Ltd.
|
| | | | 12,648,371 | | |
| | | 1,600 | | | |
Konami Group Corp.
|
| | | | 107,788 | | |
| | | 14,100 | | | |
Konica Minolta Inc.*
|
| | | | 46,531 | | |
| | | 9,600 | | | |
Kose Corp.
|
| | | | 539,155 | | |
| | | 1,300 | | | |
Kotobuki Spirits Co., Ltd.
|
| | | | 17,377 | | |
| | | 2,200 | | | |
K’s Holdings Corp.
|
| | | | 19,044 | | |
| | | 15,800 | | | |
Kubota Corp.
|
| | | | 231,726 | | |
| | | 5,600 | | | |
Kuraray Co., Ltd.
|
| | | | 56,672 | | |
| | | 1,600 | | | |
Kurita Water Industries Ltd.
|
| | | | 65,134 | | |
| | | 1,200 | | | |
Kusuri no Aoki Holdings Co., Ltd.
|
| | | | 25,092 | | |
| | | 17,200 | | | |
Kyocera Corp.
|
| | | | 254,261 | | |
| | | 4,200 | | | |
Kyoto Financial Group Inc.
|
| | | | 73,343 | | |
| | | 3,700 | | | |
Kyowa Kirin Co., Ltd.
|
| | | | 73,449 | | |
| | | 600 | | | |
Kyudenko Corp.
|
| | | | 23,330 | | |
| | | 6,500 | | | |
Kyushu Electric Power Co., Inc.*
|
| | | | 53,094 | | |
| | | 4,500 | | | |
Kyushu Financial Group Inc.
|
| | | | 33,878 | | |
| | | 2,800 | | | |
Kyushu Railway Co.
|
| | | | 64,351 | | |
| | | 21 | | | |
LaSalle Logiport REIT
|
| | | | 19,737 | | |
| | | 1,100 | | | |
Lasertec Corp.
|
| | | | 294,285 | | |
| | | 18,100 | | | |
Lawson Inc.
|
| | | | 1,238,116 | | |
| | | 124,700 | | | |
Lion Corp.
|
| | | | 1,099,218 | | |
| | | 3,500 | | | |
Lixil Corp.
|
| | | | 44,778 | | |
| | | 590,300 | | | |
LY Corp.
|
| | | | 1,620,670 | | |
| | | 133,600 | | | |
M3 Inc.
|
| | | | 1,919,645 | | |
| | | 1,400 | | | |
Mabuchi Motor Co., Ltd.
|
| | | | 25,587 | | |
| | | 900 | | | |
Macnica Holdings Inc.
|
| | | | 49,751 | | |
| | | 551,300 | | | |
Makita Corp.
|
| | | | 14,404,034 | | |
| | | 82,763 | | | |
Management Solutions Co., Ltd.
|
| | | | 1,670,826 | | |
| | | 1,600 | | | |
Mani Inc.
|
| | | | 21,800 | | |
| | | 22,500 | | | |
Marubeni Corp.
|
| | | | 371,913 | | |
| | | 2,400 | | | |
Marui Group Co., Ltd.
|
| | | | 39,036 | | |
| | | 800 | | | |
Maruichi Steel Tube Ltd.
|
| | | | 20,985 | | |
| | | 5,300 | | | |
MatsukiyoCocokara & Co.
|
| | | | 87,708 | | |
| | | 8,200 | | | |
Mazda Motor Corp.
|
| | | | 94,898 | | |
| | | 1,100 | | | |
McDonald’s Holdings Co. Japan Ltd.
|
| | | | 51,176 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| Japan – (continued) | | ||||||||||||
| | | 538,800 | | | |
Mebuki Financial Group Inc.
|
| | | $ | 1,683,121 | | |
| | | 32,700 | | | |
Medipal Holdings Corp.
|
| | | | 494,369 | | |
| | | 4,400 | | | |
MEIJI Holdings Co., Ltd.
|
| | | | 99,112 | | |
| | | 1,200 | | | |
Menicon Co., Ltd.
|
| | | | 14,232 | | |
| | | 2,200 | | | |
Mercari Inc.*
|
| | | | 30,034 | | |
| | | 716,200 | | | |
MINEBEA MITSUMI Inc.
|
| | | | 14,829,886 | | |
| | | 4,200 | | | |
MISUMI Group Inc.
|
| | | | 64,351 | | |
| | | 17,500 | | | |
Mitsubishi Chemical Group Corp.
|
| | | | 100,364 | | |
| | | 50,000 | | | |
Mitsubishi Corp.
|
| | | | 1,071,130 | | |
| | | 897,900 | | | |
Mitsubishi Electric Corp.
|
| | | | 14,202,579 | | |
| | | 15,400 | | | |
Mitsubishi Estate Co., Ltd.
|
| | | | 236,774 | | |
| | | 2,200 | | | |
Mitsubishi Gas Chemical Co., Inc.
|
| | | | 35,939 | | |
| | | 10,900 | | | |
Mitsubishi HC Capital Inc.
|
| | | | 75,012 | | |
| | | 4,300 | | | |
Mitsubishi Heavy Industries Ltd.
|
| | | | 340,173 | | |
| | | 800 | | | |
Mitsubishi Logistics Corp.
|
| | | | 24,559 | | |
| | | 2,300 | | | |
Mitsubishi Materials Corp.
|
| | | | 40,219 | | |
| | | 943,300 | | | |
Mitsubishi Motors Corp.
|
| | | | 2,917,765 | | |
| | | 171,800 | | | |
Mitsubishi UFJ Financial Group Inc.
|
| | | | 1,764,889 | | |
| | | 21,900 | | | |
Mitsui & Co., Ltd.
|
| | | | 959,646 | | |
| | | 2,200 | | | |
Mitsui Chemicals Inc.
|
| | | | 60,978 | | |
| | | 61,300 | | | |
Mitsui Fudosan Co., Ltd.
|
| | | | 1,664,879 | | |
| | | 8 | | | |
Mitsui Fudosan Logistics Park Inc.
|
| | | | 22,652 | | |
| | | 400 | | | |
Mitsui High-Tec Inc.
|
| | | | 22,450 | | |
| | | 900 | | | |
Mitsui Mining & Smelting Co., Ltd.
|
| | | | 26,519 | | |
| | | 4,800 | | | |
Mitsui OSK Lines Ltd.
|
| | | | 164,385 | | |
| | | 1,000 | | | |
Miura Co., Ltd.
|
| | | | 21,331 | | |
| | | 48,500 | | | |
MIXI Inc.
|
| | | | 799,600 | | |
| | | 37,500 | | | |
Mizuho Financial Group Inc.
|
| | | | 699,283 | | |
| | | 600 | | | |
Money Forward Inc.*
|
| | | | 26,591 | | |
| | | 3,000 | | | |
MonotaRO Co., Ltd.
|
| | | | 28,727 | | |
| | | 21 | | | |
Mori Hills REIT Investment Corp., Class A Shares
|
| | | | 18,364 | | |
| | | 1,200 | | | |
Morinaga & Co., Ltd.
|
| | | | 21,548 | | |
| | | 1,000 | | | |
Morinaga Milk Industry Co., Ltd.
|
| | | | 20,735 | | |
| | | 6,600 | | | |
MS&AD Insurance Group Holdings Inc.
|
| | | | 327,022 | | |
| | | 84,800 | | | |
m-up Holdings Inc.
|
| | | | 631,234 | | |
| | | 170,600 | | | |
Murata Manufacturing Co., Ltd.
|
| | | | 3,467,880 | | |
| | | 1,100 | | | |
Nabtesco Corp.
|
| | | | 18,363 | | |
| | | 1,300 | | | |
Nagase & Co., Ltd.
|
| | | | 21,630 | | |
| | | 3,300 | | | |
Nagoya Railroad Co., Ltd.
|
| | | | 47,072 | | |
| | | 1,700 | | | |
Nankai Electric Railway Co., Ltd.
|
| | | | 33,189 | | |
| | | 3,800 | | | |
NEC Corp.
|
| | | | 256,276 | | |
| | | 1,200 | | | |
NEC Networks & System Integration Corp.
|
| | | | 19,643 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| Japan – (continued) | | ||||||||||||
| | | 1,100 | | | |
NET One Systems Co., Ltd.
|
| | | $ | 19,062 | | |
| | | 6,300 | | | |
Nexon Co., Ltd.
|
| | | | 103,839 | | |
| | | 108,000 | | | |
Nextage Co., Ltd.(c)
|
| | | | 1,762,173 | | |
| | | 3,400 | | | |
NGK Insulators Ltd.
|
| | | | 44,314 | | |
| | | 1,800 | | | |
NH Foods Ltd.
|
| | | | 63,009 | | |
| | | 64,500 | | | |
NHK Spring Co., Ltd.
|
| | | | 619,649 | | |
| | | 1,700 | | | |
Nichirei Corp.
|
| | | | 42,627 | | |
| | | 7,700 | | | |
NIDEC Corp.
|
| | | | 292,346 | | |
| | | 900 | | | |
Nifco Inc.
|
| | | | 21,712 | | |
| | | 1,200 | | | |
Nihon Kohden Corp.
|
| | | | 33,284 | | |
| | | 4,300 | | | |
Nihon M&A Center Holdings Inc.
|
| | | | 28,767 | | |
| | | 4,200 | | | |
Nikon Corp.
|
| | | | 41,579 | | |
| | | 15,300 | | | |
Nintendo Co., Ltd.
|
| | | | 856,305 | | |
| | | 5 | | | |
Nippon Accommodations Fund Inc., Class A Shares
|
| | | | 18,952 | | |
| | | 21 | | | |
Nippon Building Fund Inc.
|
| | | | 80,861 | | |
| | | 1,300 | | | |
Nippon Electric Glass Co., Ltd.
|
| | | | 31,384 | | |
| | | 1,100 | | | |
NIPPON EXPRESS HOLDINGS Inc.
|
| | | | 58,104 | | |
| | | 2,400 | | | |
Nippon Kayaku Co., Ltd.
|
| | | | 20,678 | | |
| | | 16,100 | | | |
Nippon Paint Holdings Co., Ltd.
|
| | | | 120,012 | | |
| | | 34 | | | |
Nippon Prologis REIT Inc.
|
| | | | 56,907 | | |
| | | 2,700 | | | |
Nippon Sanso Holdings Corp.
|
| | | | 78,345 | | |
| | | 600 | | | |
Nippon Shinyaku Co., Ltd.
|
| | | | 19,112 | | |
| | | 600 | | | |
Nippon Shokubai Co., Ltd.
|
| | | | 22,472 | | |
| | | 12,000 | | | |
Nippon Steel Corp.
|
| | | | 298,074 | | |
| | | 2,602,700 | | | |
Nippon Telegraph & Telephone Corp.
|
| | | | 3,169,265 | | |
| | | 6,800 | | | |
Nippon Yusen KK
|
| | | | 216,731 | | |
| | | 1,200 | | | |
Nishi-Nippon Railroad Co., Ltd.
|
| | | | 19,299 | | |
| | | 1,700 | | | |
Nissan Chemical Corp.
|
| | | | 71,098 | | |
| | | 29,100 | | | |
Nissan Motor Co., Ltd.
|
| | | | 114,483 | | |
| | | 4,400 | | | |
Nisshin Seifun Group Inc.
|
| | | | 61,010 | | |
| | | 3,000 | | | |
Nissin Foods Holdings Co., Ltd.
|
| | | | 87,588 | | |
| | | 3,100 | | | |
Niterra Co., Ltd.
|
| | | | 94,321 | | |
| | | 1,200 | | | |
Nitori Holdings Co., Ltd.
|
| | | | 176,197 | | |
| | | 23,600 | | | |
Nitto Denko Corp.
|
| | | | 2,160,449 | | |
| | | 800 | | | |
NOF Corp.
|
| | | | 35,966 | | |
| | | 1,500 | | | |
NOK Corp.
|
| | | | 21,265 | | |
| | | 45,200 | | | |
Nomura Holdings Inc.
|
| | | | 256,702 | | |
| | | 1,400 | | | |
Nomura Real Estate Holdings Inc.
|
| | | | 34,837 | | |
| | | 61 | | | |
Nomura Real Estate Master Fund Inc.
|
| | | | 60,586 | | |
| | | 121,500 | | | |
Nomura Research Institute Ltd.
|
| | | | 3,414,748 | | |
| | | 209,000 | | | |
North Pacific Bank Ltd.
|
| | | | 556,227 | | |
| | | 600 | | | |
NS Solutions Corp.
|
| | | | 20,069 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| Japan – (continued) | | ||||||||||||
| | | 27,600 | | | |
NS United Kaiun Kaisha Ltd.
|
| | | $ | 977,541 | | |
| | | 1,999,700 | | | |
NSK Ltd.
|
| | | | 10,945,372 | | |
| | | 8,500 | | | |
NTT Data Group Corp.
|
| | | | 138,374 | | |
| | | 9,500 | | | |
Obayashi Corp.
|
| | | | 92,123 | | |
| | | 700 | | | |
OBIC Business Consultants Co., Ltd.
|
| | | | 33,438 | | |
| | | 1,000 | | | |
Obic Co., Ltd.
|
| | | | 156,409 | | |
| | | 4,600 | | | |
Odakyu Electric Railway Co., Ltd.
|
| | | | 64,675 | | |
| | | 9,900 | | | |
Oji Holdings Corp.
|
| | | | 38,796 | | |
| | | 500 | | | |
OKUMA Corp.
|
| | | | 23,554 | | |
| | | 1,225,900 | | | |
Olympus Corp.
|
| | | | 17,445,197 | | |
| | | 2,800 | | | |
Omron Corp.
|
| | | | 104,823 | | |
| | | 5,800 | | | |
Ono Pharmaceutical Co., Ltd.
|
| | | | 96,040 | | |
| | | 1,100 | | | |
Open House Group Co., Ltd.
|
| | | | 34,645 | | |
| | | 700 | | | |
Oracle Corp. Japan
|
| | | | 53,648 | | |
| | | 13,900 | | | |
Oriental Land Co., Ltd.
|
| | | | 498,088 | | |
| | | 17,000 | | | |
ORIX Corp.
|
| | | | 357,280 | | |
| | | 32 | | | |
Orix JREIT Inc.
|
| | | | 33,804 | | |
| | | 5,800 | | | |
Osaka Gas Co., Ltd.
|
| | | | 115,696 | | |
| | | 1,500 | | | |
OSG Corp.
|
| | | | 21,049 | | |
| | | 1,200 | | | |
Otsuka Corp.
|
| | | | 52,750 | | |
| | | 7,200 | | | |
Otsuka Holdings Co., Ltd.
|
| | | | 292,074 | | |
| | | 700 | | | |
PALTAC Corp.
|
| | | | 19,613 | | |
| | | 6,100 | | | |
Pan Pacific International Holdings Corp.
|
| | | | 142,977 | | |
| | | 31,500 | | | |
Panasonic Holdings Corp.
|
| | | | 296,917 | | |
| | | 1,600 | | | |
Park24 Co., Ltd.*
|
| | | | 19,002 | | |
| | | 3,400 | | | |
Penta-Ocean Construction Co., Ltd.
|
| | | | 17,602 | | |
| | | 2,000 | | | |
PeptiDream Inc.*
|
| | | | 21,091 | | |
| | | 1,302,000 | | | |
Persol Holdings Co., Ltd.
|
| | | | 1,878,445 | | |
| | | 1,800 | | | |
Pigeon Corp.
|
| | | | 18,339 | | |
| | | 31,300 | | | |
Plus Alpha Consulting Co., Ltd.
|
| | | | 528,356 | | |
| | | 1,700 | | | |
Pola Orbis Holdings Inc.
|
| | | | 16,975 | | |
| | | 97,600 | | | |
Premium Group Co., Ltd.
|
| | | | 1,223,873 | | |
| | | 237,306 | | | |
Prestige International Inc.
|
| | | | 1,017,901 | | |
| | | 92,504 | | | |
Rakus Co., Ltd.
|
| | | | 1,460,911 | | |
| | | 1,300 | | | |
Rakuten Bank Ltd.*
|
| | | | 25,702 | | |
| | | 18,700 | | | |
Rakuten Group Inc.
|
| | | | 102,831 | | |
| | | 102,100 | | | |
Recruit Holdings Co., Ltd.
|
| | | | 4,136,225 | | |
| | | 1,700 | | | |
Relo Group Inc.
|
| | | | 13,704 | | |
| | | 19,600 | | | |
Renesas Electronics Corp.
|
| | | | 322,440 | | |
| | | 4,100 | | | |
Rengo Co., Ltd.
|
| | | | 27,360 | | |
| | | 1,403,100 | | | |
Resona Holdings Inc.
|
| | | | 7,642,461 | | |
| | | 2,200 | | | |
Resonac Holdings Corp.
|
| | | | 53,186 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| Japan – (continued) | | ||||||||||||
| | | 1,200 | | | |
Resorttrust Inc.
|
| | | $ | 20,655 | | |
| | | 10,200 | | | |
Ricoh Co., Ltd.
|
| | | | 84,664 | | |
| | | 1,600 | | | |
Rinnai Corp.
|
| | | | 37,300 | | |
| | | 4,500 | | | |
Rohm Co., Ltd.
|
| | | | 76,832 | | |
| | | 229,100 | | | |
Rohto Pharmaceutical Co., Ltd.
|
| | | | 4,657,162 | | |
| | | 98,800 | | | |
Round One Corp.
|
| | | | 462,742 | | |
| | | 3,700 | | | |
Ryohin Keikaku Co., Ltd.
|
| | | | 58,408 | | |
| | | 300 | | | |
Sanken Electric Co., Ltd.
|
| | | | 15,153 | | |
| | | 203,000 | | | |
Sankyo Co., Ltd.
|
| | | | 2,315,433 | | |
| | | 700 | | | |
Sankyu Inc.
|
| | | | 24,741 | | |
| | | 700 | | | |
Sanrio Co., Ltd.
|
| | | | 39,474 | | |
| | | 5,400 | | | |
Santen Pharmaceutical Co., Ltd.
|
| | | | 53,585 | | |
| | | 31,200 | | | |
Sanwa Holdings Corp.
|
| | | | 553,614 | | |
| | | 1,000 | | | |
Sapporo Holdings Ltd.
|
| | | | 43,989 | | |
| | | 600 | | | |
Sawai Group Holdings Co., Ltd.
|
| | | | 23,010 | | |
| | | 3,900 | | | |
SBI Holdings Inc.
|
| | | | 104,841 | | |
| | | 20,800 | | | |
SCREEN Holdings Co., Ltd.
|
| | | | 2,612,281 | | |
| | | 1,200 | | | |
SCSK Corp.
|
| | | | 22,122 | | |
| | | 2,900 | | | |
Secom Co., Ltd.
|
| | | | 211,439 | | |
| | | 1,700 | | | |
Sega Sammy Holdings Inc.
|
| | | | 21,320 | | |
| | | 3,300 | | | |
Seibu Holdings Inc.
|
| | | | 47,666 | | |
| | | 5,400 | | | |
Seiko Epson Corp.
|
| | | | 87,382 | | |
| | | 2,000 | | | |
Seino Holdings Co., Ltd.
|
| | | | 28,275 | | |
| | | 5,700 | | | |
Sekisui Chemical Co., Ltd.
|
| | | | 80,475 | | |
| | | 8,500 | | | |
Sekisui House Ltd.
|
| | | | 189,657 | | |
| | | 44 | | | |
Sekisui House REIT Inc.
|
| | | | 21,748 | | |
| | | 351,000 | | | |
Seven & i Holdings Co., Ltd.
|
| | | | 5,226,912 | | |
| | | 9,900 | | | |
Seven Bank Ltd.
|
| | | | 19,767 | | |
| | | 6,500 | | | |
SG Holdings Co., Ltd.
|
| | | | 81,552 | | |
| | | 3,200 | | | |
Sharp Corp.
|
| | | | 17,478 | | |
| | | 200 | | | |
SHIFT Inc.*
|
| | | | 36,879 | | |
| | | 3,200 | | | |
Shikoku Electric Power Co., Inc.
|
| | | | 23,269 | | |
| | | 250,300 | | | |
Shimadzu Corp.
|
| | | | 6,833,724 | | |
| | | 600 | | | |
Shimamura Co., Ltd.
|
| | | | 31,901 | | |
| | | 1,100 | | | |
Shimano Inc.
|
| | | | 153,308 | | |
| | | 7,100 | | | |
Shimizu Corp.
|
| | | | 41,110 | | |
| | | 28,200 | | | |
Shin-Etsu Chemical Co., Ltd.
|
| | | | 1,204,486 | | |
| | | 800 | | | |
Shinko Electric Industries Co., Ltd.
|
| | | | 28,985 | | |
| | | 3,700 | | | |
Shionogi & Co., Ltd.
|
| | | | 184,538 | | |
| | | 1,300 | | | |
Ship Healthcare Holdings Inc.
|
| | | | 18,893 | | |
| | | 53,000 | | | |
Shiseido Co., Ltd.
|
| | | | 1,446,156 | | |
| | | 7,100 | | | |
Shizuoka Financial Group Inc.
|
| | | | 69,548 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| Japan – (continued) | | ||||||||||||
| | | 500 | | | |
SHO-BOND Holdings Co., Ltd.
|
| | | $ | 21,396 | | |
| | | 267,996 | | | |
SIGMAXYZ Holdings Inc.
|
| | | | 3,059,571 | | |
| | | 138,100 | | | |
SKY Perfect JSAT Holdings Inc.
|
| | | | 818,879 | | |
| | | 3,600 | | | |
Skylark Holdings Co., Ltd.
|
| | | | 52,396 | | |
| | | 12,100 | | | |
SMC Corp.
|
| | | | 7,298,969 | | |
| | | 119,038 | | | |
SMS Co., Ltd.
|
| | | | 2,111,532 | | |
| | | 3,000 | | | |
Socionext Inc.
|
| | | | 77,231 | | |
| | | 40,400 | | | |
SoftBank Corp.
|
| | | | 531,974 | | |
| | | 14,300 | | | |
SoftBank Group Corp.
|
| | | | 853,674 | | |
| | | 3,300 | | | |
Sohgo Security Services Co., Ltd.
|
| | | | 18,274 | | |
| | | 131,800 | | | |
Sojitz Corp.
|
| | | | 3,347,095 | | |
| | | 4,500 | | | |
Sompo Holdings Inc.
|
| | | | 264,137 | | |
| | | 56,800 | | | |
Sony Group Corp.
|
| | | | 4,883,358 | | |
| | | 1,100 | | | |
Sotetsu Holdings Inc.
|
| | | | 19,945 | | |
| | | 1,500 | | | |
Square Enix Holdings Co., Ltd.
|
| | | | 63,543 | | |
| | | 42,700 | | | |
Stanley Electric Co., Ltd.
|
| | | | 731,995 | | |
| | | 64,100 | | | |
Strike Co., Ltd.
|
| | | | 2,355,699 | | |
| | | 9,400 | | | |
Subaru Corp.
|
| | | | 214,094 | | |
| | | 2,100 | | | |
Sugi Holdings Co., Ltd.
|
| | | | 32,915 | | |
| | | 5,300 | | | |
SUMCO Corp.
|
| | | | 83,308 | | |
| | | 500 | | | |
Sumitomo Bakelite Co., Ltd.
|
| | | | 28,741 | | |
| | | 19,100 | | | |
Sumitomo Chemical Co., Ltd.
|
| | | | 38,791 | | |
| | | 16,200 | | | |
Sumitomo Corp.
|
| | | | 379,809 | | |
| | | 11,100 | | | |
Sumitomo Electric Industries Ltd.
|
| | | | 165,023 | | |
| | | 1,800 | | | |
Sumitomo Forestry Co., Ltd.
|
| | | | 51,459 | | |
| | | 1,700 | | | |
Sumitomo Heavy Industries Ltd.
|
| | | | 50,693 | | |
| | | 60,200 | | | |
Sumitomo Metal Mining Co., Ltd.
|
| | | | 1,570,193 | | |
| | | 18,900 | | | |
Sumitomo Mitsui Financial Group Inc.
|
| | | | 1,052,605 | | |
| | | 10,500 | | | |
Sumitomo Mitsui Trust Holdings Inc.
|
| | | | 212,936 | | |
| | | 6,200 | | | |
Sumitomo Realty & Development Co., Ltd.
|
| | | | 183,953 | | |
| | | 41,600 | | | |
Sumitomo Rubber Industries Ltd.
|
| | | | 484,951 | | |
| | | 1,400 | | | |
Sundrug Co., Ltd.
|
| | | | 43,679 | | |
| | | 2,000 | | | |
Suntory Beverage & Food Ltd.
|
| | | | 65,711 | | |
| | | 16,100 | | | |
Suzuken Co., Ltd.
|
| | | | 478,939 | | |
| | | 6,700 | | | |
Suzuki Motor Corp.
|
| | | | 294,104 | | |
| | | 2,700 | | | |
Sysmex Corp.
|
| | | | 152,033 | | |
| | | 7,500 | | | |
T&D Holdings Inc.
|
| | | | 130,373 | | |
| | | 1,500 | | | |
Taiheiyo Cement Corp.
|
| | | | 31,577 | | |
| | | 53,100 | | | |
Taisei Corp.
|
| | | | 1,670,946 | | |
| | | 700 | | | |
Taisho Pharmaceutical Holdings Co., Ltd.
|
| | | | 40,289 | | |
| | | 2,000 | | | |
Taiyo Yuden Co., Ltd.
|
| | | | 43,742 | | |
| | | 2,500 | | | |
Takara Holdings Inc.
|
| | | | 20,953 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| Japan – (continued) | | ||||||||||||
| | | 1,400 | | | |
Takashimaya Co., Ltd.
|
| | | $ | 21,108 | | |
| | | 22,500 | | | |
Takeda Pharmaceutical Co., Ltd.
|
| | | | 659,026 | | |
| | | 5,300 | | | |
TDK Corp.
|
| | | | 276,152 | | |
| | | 1,800 | | | |
TechnoPro Holdings Inc.
|
| | | | 36,090 | | |
| | | 2,100 | | | |
Teijin Ltd.
|
| | | | 17,790 | | |
| | | 10,500 | | | |
Terumo Corp.
|
| | | | 409,795 | | |
| | | 1,100 | | | |
THK Co., Ltd.
|
| | | | 24,183 | | |
| | | 2,900 | | | |
TIS Inc.
|
| | | | 65,372 | | |
| | | 3,200 | | | |
Tobu Railway Co., Ltd.
|
| | | | 81,781 | | |
| | | 3,500 | | | |
Toda Corp.
|
| | | | 21,646 | | |
| | | 200 | | | |
Toei Animation Co., Ltd.
|
| | | | 24,679 | | |
| | | 1,800 | | | |
Toho Co., Ltd.
|
| | | | 58,410 | | |
| | | 1,400 | | | |
Toho Gas Co., Ltd.
|
| | | | 28,064 | | |
| | | 7,200 | | | |
Tohoku Electric Power Co., Inc.
|
| | | | 48,718 | | |
| | | 2,500 | | | |
Tokai Carbon Co., Ltd.
|
| | | | 16,493 | | |
| | | 27,400 | | | |
Tokio Marine Holdings Inc.
|
| | | | 799,621 | | |
| | | 3,600 | | | |
Tokyo Century Corp.
|
| | | | 37,586 | | |
| | | 23,300 | | | |
Tokyo Electric Power Co. Holdings Inc.*
|
| | | | 125,882 | | |
| | | 6,500 | | | |
Tokyo Electron Ltd.
|
| | | | 1,607,454 | | |
| | | 5,900 | | | |
Tokyo Gas Co., Ltd.
|
| | | | 129,129 | | |
| | | 1,800 | | | |
Tokyo Ohka Kogyo Co., Ltd.
|
| | | | 55,528 | | |
| | | 400 | | | |
Tokyo Seimitsu Co., Ltd.
|
| | | | 27,661 | | |
| | | 105,800 | | | |
Tokyo Steel Manufacturing Co., Ltd.
|
| | | | 1,178,923 | | |
| | | 76,100 | | | |
Tokyo Tatemono Co., Ltd.
|
| | | | 1,103,976 | | |
| | | 9,800 | | | |
Tokyu Corp.
|
| | | | 124,811 | | |
| | | 174,500 | | | |
Tokyu Fudosan Holdings Corp.
|
| | | | 1,146,862 | | |
| | | 3,500 | | | |
TOPPAN Holdings Inc.
|
| | | | 83,449 | | |
| | | 21,200 | | | |
Toray Industries Inc.
|
| | | | 97,591 | | |
| | | 1,400 | | | |
Toshiba TEC Corp.
|
| | | | 29,267 | | |
| | | 654,300 | | | |
Tosoh Corp.
|
| | | | 8,911,157 | | |
| | | 372,800 | | | |
TOTO Ltd.
|
| | | | 10,096,429 | | |
| | | 2,300 | | | |
Toyo Seikan Group Holdings Ltd.
|
| | | | 38,686 | | |
| | | 112,200 | | | |
Toyo Suisan Kaisha Ltd.
|
| | | | 6,525,469 | | |
| | | 44,000 | | | |
Toyo Tire Corp.
|
| | | | 797,781 | | |
| | | 25,400 | | | |
Toyoda Gosei Co., Ltd.
|
| | | | 523,237 | | |
| | | 29,600 | | | |
Toyota Boshoku Corp.
|
| | | | 469,068 | | |
| | | 2,400 | | | |
Toyota Industries Corp.
|
| | | | 239,124 | | |
| | | 177,000 | | | |
Toyota Motor Corp.
|
| | | | 4,248,132 | | |
| | | 3,300 | | | |
Toyota Tsusho Corp.
|
| | | | 213,694 | | |
| | | 25,800 | | | |
Transcosmos Inc.
|
| | | | 523,720 | | |
| | | 1,500 | | | |
Trend Micro Inc.
|
| | | | 73,082 | | |
| | | 1,800 | | | |
TS Tech Co., Ltd.
|
| | | | 23,290 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| Japan – (continued) | | ||||||||||||
| | | 1,100 | | | |
Tsumura & Co.
|
| | | $ | 20,228 | | |
| | | 600 | | | |
Tsuruha Holdings Inc.
|
| | | | 45,266 | | |
| | | 1,700 | | | |
UBE Corp.
|
| | | | 28,530 | | |
| | | 600 | | | |
Ulvac Inc.
|
| | | | 37,005 | | |
| | | 5,500 | | | |
Unicharm Corp.
|
| | | | 182,582 | | |
| | | 40 | | | |
United Urban Investment Corp.
|
| | | | 37,773 | | |
| | | 1,500 | | | |
Ushio Inc.
|
| | | | 19,859 | | |
| | | 3,200 | | | |
USS Co., Ltd.
|
| | | | 55,778 | | |
| | | 51,200 | | | |
Valor Holdings Co., Ltd.
|
| | | | 827,457 | | |
| | | 407,600 | | | |
Welcia Holdings Co., Ltd.(c)
|
| | | | 7,685,720 | | |
| | | 3,500 | | | |
West Japan Railway Co.
|
| | | | 145,516 | | |
| | | 700 | | | |
Workman Co., Ltd.
|
| | | | 18,933 | | |
| | | 3,900 | | | |
Yakult Honsha Co., Ltd.
|
| | | | 83,973 | | |
| | | 257,400 | | | |
Yamada Holdings Co., Ltd.
|
| | | | 739,333 | | |
| | | 2,400 | | | |
Yamaguchi Financial Group Inc.
|
| | | | 24,352 | | |
| | | 2,100 | | | |
Yamaha Corp.
|
| | | | 46,045 | | |
| | | 12,000 | | | |
Yamaha Motor Co., Ltd.
|
| | | | 107,438 | | |
| | | 4,600 | | | |
Yamato Holdings Co., Ltd.
|
| | | | 70,009 | | |
| | | 8,400 | | | |
Yamato Kogyo Co., Ltd.
|
| | | | 468,515 | | |
| | | 21,000 | | | |
Yamazaki Baking Co., Ltd.
|
| | | | 493,766 | | |
| | | 800 | | | |
Yaoko Co., Ltd.
|
| | | | 45,981 | | |
| | | 3,800 | | | |
Yaskawa Electric Corp.
|
| | | | 155,731 | | |
| | | 89,900 | | | |
Yokogawa Electric Corp.
|
| | | | 1,901,857 | | |
| | | 1,700 | | | |
Yokohama Rubber Co., Ltd.
|
| | | | 45,382 | | |
| | | 700 | | | |
Zenkoku Hosho Co., Ltd.
|
| | | | 25,656 | | |
| | | 1,200 | | | |
Zensho Holdings Co., Ltd.
|
| | | | 52,640 | | |
| | | 1,900 | | | |
Zeon Corp.
|
| | | | 16,085 | | |
| | | 1,700 | | | |
ZOZO Inc.
|
| | | | 38,546 | | |
| | | | | | |
Total Japan
|
| | | | 376,592,814 | | |
| Jersey, Channel Islands – 0.1% | | ||||||||||||
| | | 321,297 | | | |
JTC PLC
|
| | | | 3,167,524 | | |
| Jordan – 0.0% | | ||||||||||||
| | | 2,001 | | | |
Hikma Pharmaceuticals PLC
|
| | | | 49,614 | | |
| Lithuania – 0.1% | | ||||||||||||
| | | 829,678 | | | |
Baltic Classifieds Group PLC
|
| | | | 2,477,001 | | |
| Luxembourg – 0.0% | | ||||||||||||
| | | 7,418 | | | |
ArcelorMittal SA
|
| | | | 193,577 | | |
| | | 1,786 | | | |
Eurofins Scientific SE
|
| | | | 106,739 | | |
| | | 6,750 | | | |
L’Occitane International SA
|
| | | | 25,505 | | |
| | | 521 | | | |
RTL Group SA
|
| | | | 19,231 | | |
| | | 6,315 | | | |
Tenaris SA
|
| | | | 112,463 | | |
| | | | | | |
Total Luxembourg
|
| | | | 457,515 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| Macau – 0.0% | | ||||||||||||
| | | 15,600 | | | |
MGM China Holdings Ltd.*
|
| | | $ | 25,172 | | |
| | | 37,600 | | | |
Sands China Ltd.*
|
| | | | 107,182 | | |
| | | 20,800 | | | |
Wynn Macau Ltd.*
|
| | | | 17,577 | | |
| | | | | | |
Total Macau
|
| | | | 149,931 | | |
| Malaysia – 0.1% | | ||||||||||||
| | | 3,652,564 | | | |
CTOS Digital Bhd
|
| | | | 1,163,167 | | |
| | | 12,241 | | | |
Lynas Rare Earths Ltd.*
|
| | | | 46,695 | | |
| | | | | | |
Total Malaysia
|
| | | | 1,209,862 | | |
| Mexico – 0.3% | | ||||||||||||
| | | 3,190 | | | |
Fresnillo PLC
|
| | | | 18,353 | | |
| | | 349,394 | | | |
Grupo Mexico SAB de CV, Class B Shares
|
| | | | 1,703,331 | | |
| | | 289,484 | | | |
Qualitas Controladora SAB de CV
|
| | | | 3,251,799 | | |
| | | 619,988 | | | |
Wal-Mart de Mexico SAB de CV
|
| | | | 2,475,901 | | |
| | | | | | |
Total Mexico
|
| | | | 7,449,384 | | |
| Netherlands – 4.0% | | ||||||||||||
| | | 1,427 | | | |
Aalberts NV
|
| | | | 64,114 | | |
| | | 5,427 | | | |
ABN AMRO Bank NV(a)
|
| | | | 87,143 | | |
| | | 2,137 | | | |
Adyen NV*(a)
|
| | | | 3,376,690 | | |
| | | 22,895 | | | |
Aegon Ltd.
|
| | | | 137,316 | | |
| | | 209,965 | | | |
Akzo Nobel NV
|
| | | | 15,291,425 | | |
| | | 877 | | | |
Argenx SE*
|
| | | | 330,273 | | |
| | | 4,300 | | | |
Argenx SE, ADR*
|
| | | | 1,634,043 | | |
| | | 692 | | | |
ASM International NV
|
| | | | 424,928 | | |
| | | 23,090 | | | |
ASML Holding NV
|
| | | | 21,845,935 | | |
| | | 5,482 | | | |
ASML Holding NV, Class NY Registered Shares, ADR
|
| | | | 5,217,110 | | |
| | | 2,375 | | | |
ASR Nederland NV
|
| | | | 109,539 | | |
| | | 1,071 | | | |
BE Semiconductor Industries NV
|
| | | | 194,436 | | |
| | | 1,165 | | | |
CTP NV(a)
|
| | | | 18,874 | | |
| | | 167,838 | | | |
Euronext NV(a)
|
| | | | 15,472,317 | | |
| | | 1,473 | | | |
EXOR NV
|
| | | | 158,987 | | |
| | | 1,925 | | | |
Heineken Holding NV
|
| | | | 148,623 | | |
| | | 46,594 | | | |
Heineken NV
|
| | | | 4,305,958 | | |
| | | 913 | | | |
IMCD NV
|
| | | | 139,137 | | |
| | | 141,279 | | | |
ING Groep NV
|
| | | | 1,939,201 | | |
| | | 1,121 | | | |
JDE Peet’s NV
|
| | | | 25,608 | | |
| | | 14,240 | | | |
Koninklijke Ahold Delhaize NV
|
| | | | 423,622 | | |
| | | 50,790 | | | |
Koninklijke KPN NV
|
| | | | 185,663 | | |
| | | 11,854 | | | |
Koninklijke Philips NV
|
| | | | 237,306 | | |
| | | 896 | | | |
Koninklijke Vopak NV
|
| | | | 33,230 | | |
| | | 4,241 | | | |
NN Group NV
|
| | | | 188,962 | | |
| | | 1,540 | | | |
OCI NV
|
| | | | 40,591 | | |
| | | 231,523 | | | |
Prosus NV*
|
| | | | 6,760,429 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| Netherlands – (continued) | | ||||||||||||
| | | 3,298 | | | |
QIAGEN NV*
|
| | | $ | 141,327 | | |
| | | 185,738 | | | |
Randstad NV
|
| | | | 10,251,987 | | |
| | | 2,144 | | | |
Signify NV(a)
|
| | | | 57,494 | | |
| | | 31,724 | | | |
Stellantis NV
|
| | | | 831,862 | | |
| | | 10,739 | | | |
Universal Music Group NV
|
| | | | 323,644 | | |
| | | 44,493 | | | |
Wolters Kluwer NV
|
| | | | 7,014,474 | | |
| | | | | | |
Total Netherlands
|
| | | | 97,412,248 | | |
| New Zealand – 0.0% | | ||||||||||||
| | | 9,594 | | | |
a2 Milk Co., Ltd.*
|
| | | | 36,170 | | |
| | | 39,575 | | | |
Air New Zealand Ltd.
|
| | | | 14,834 | | |
| | | 20,497 | | | |
Auckland International Airport Ltd.
|
| | | | 101,067 | | |
| | | 10,537 | | | |
Contact Energy Ltd.
|
| | | | 51,796 | | |
| | | 9,088 | | | |
Fisher & Paykel Healthcare Corp., Ltd
|
| | | | 135,436 | | |
| | | 10,460 | | | |
Fletcher Building Ltd.
|
| | | | 26,144 | | |
| | | 11,148 | | | |
Infratil Ltd.
|
| | | | 70,048 | | |
| | | 36,640 | | | |
Kiwi Property Group Ltd.
|
| | | | 18,886 | | |
| | | 1,081 | | | |
Mainfreight Ltd.
|
| | | | 44,613 | | |
| | | 9,213 | | | |
Mercury NZ Ltd.
|
| | | | 37,458 | | |
| | | 16,644 | | | |
Meridian Energy Ltd.
|
| | | | 60,651 | | |
| | | 8,035 | | | |
Ryman Healthcare Ltd.*
|
| | | | 22,715 | | |
| | | 17,244 | | | |
SKYCITY Entertainment Group Ltd.
|
| | | | 20,269 | | |
| | | 24,719 | | | |
Spark New Zealand Ltd.
|
| | | | 76,360 | | |
| | | 1,831 | | | |
Xero Ltd.*
|
| | | | 151,823 | | |
| | | | | | |
Total New Zealand
|
| | | | 868,270 | | |
| Norway – 0.9% | | ||||||||||||
| | | 3,172 | | | |
Adevinta ASA, Class B Shares*
|
| | | | 33,886 | | |
| | | 343 | | | |
Aker ASA, Class A Shares
|
| | | | 18,495 | | |
| | | 738,919 | | | |
Aker BP ASA
|
| | | | 17,940,649 | | |
| | | 11,628 | | | |
AutoStore Holdings Ltd.*(a)
|
| | | | 18,668 | | |
| | | 14,844 | | | |
DNB Bank ASA
|
| | | | 296,915 | | |
| | | 13,127 | | | |
Equinor ASA
|
| | | | 322,976 | | |
| | | 36,500 | | | |
Equinor ASA, ADR
|
| | | | 898,630 | | |
| | | 83,303 | | | |
Europris ASA(a)
|
| | | | 573,829 | | |
| | | 2,943 | | | |
Gjensidige Forsikring ASA
|
| | | | 46,477 | | |
| | | 1,130 | | | |
Kongsberg Gruppen ASA
|
| | | | 72,002 | | |
| | | 6,411 | | | |
Mowi ASA
|
| | | | 123,701 | | |
| | | 503,790 | | | |
MPC Container Ships ASA
|
| | | | 647,336 | | |
| | | 18,516 | | | |
Norsk Hydro ASA
|
| | | | 95,340 | | |
| | | 12,952 | | | |
Orkla ASA
|
| | | | 92,837 | | |
| | | 884 | | | |
Salmar ASA
|
| | | | 56,057 | | |
| | | 712 | | | |
Schibsted ASA, Class A Shares
|
| | | | 21,259 | | |
| | | 2,039 | | | |
Schibsted ASA, Class B Shares
|
| | | | 56,741 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| Norway – (continued) | | ||||||||||||
| | | 9,604 | | | |
Telenor ASA
|
| | | $ | 105,099 | | |
| | | 4,115 | | | |
TOMRA Systems ASA
|
| | | | 54,786 | | |
| | | 7,557 | | | |
Var Energi ASA
|
| | | | 23,077 | | |
| | | 2,206 | | | |
Yara International ASA
|
| | | | 68,615 | | |
| | | | | | |
Total Norway
|
| | | | 21,567,375 | | |
| Peru – 0.1% | | ||||||||||||
| | | 11,980 | | | |
Credicorp Ltd.
|
| | | | 2,047,142 | | |
| Philippines – 0.3% | | ||||||||||||
| | | 2,202,582 | | | |
Ayala Land Inc.
|
| | | | 1,371,023 | | |
| | | 833,164 | | | |
BDO Unibank Inc.
|
| | | | 2,266,710 | | |
| | | 164,090 | | | |
SM Investments Corp.
|
| | | | 2,742,854 | | |
| | | | | | |
Total Philippines
|
| | | | 6,380,587 | | |
| Poland – 0.3% | | ||||||||||||
| | | 7,296 | | | |
Allegro.eu SA*(a)
|
| | | | 58,927 | | |
| | | 2,116 | | | |
Bank Polska Kasa Opieki SA
|
| | | | 91,697 | | |
| | | 2,664 | | | |
Benefit Systems SA
|
| | | | 1,561,625 | | |
| | | 7,965 | | | |
Dino Polska SA*(a)
|
| | | | 927,219 | | |
| | | 207,162 | | | |
InPost SA*
|
| | | | 3,233,187 | | |
| | | 1,716 | | | |
KGHM Polska Miedz SA
|
| | | | 46,337 | | |
| | | 18 | | | |
LPP SA
|
| | | | 80,928 | | |
| | | 8,864 | | | |
ORLEN SA
|
| | | | 137,596 | | |
| | | 13,112 | | | |
Powszechna Kasa Oszczednosci Bank Polski SA
|
| | | | 182,461 | | |
| | | 9,256 | | | |
Powszechny Zaklad Ubezpieczen SA
|
| | | | 113,838 | | |
| | | 450 | | | |
Santander Bank Polska SA
|
| | | | 61,934 | | |
| | | 42,853 | | | |
Text SA
|
| | | | 1,025,908 | | |
| | | | | | |
Total Poland
|
| | | | 7,521,657 | | |
| Portugal – 0.3% | | ||||||||||||
| | | 44,013 | | | |
EDP – Energias de Portugal SA
|
| | | | 175,060 | | |
| | | 359,673 | | | |
Galp Energia SGPS SA
|
| | | | 5,658,658 | | |
| | | 105,258 | | | |
Jeronimo Martins SGPS SA
|
| | | | 2,521,180 | | |
| | | | | | |
Total Portugal
|
| | | | 8,354,898 | | |
| Russia – 0.0% | | ||||||||||||
| | | 5,600 | | | |
Novatek PJSC, GDR*(b)(d)@
|
| | | | 112 | | |
| | | 978,392 | | | |
Sberbank of Russia PJSC(b)(d)@
|
| | | | 619 | | |
| | | | | | |
Total Russia
|
| | | | 731 | | |
| Saudi Arabia – 0.1% | | ||||||||||||
| | | 19,130 | | | |
Jamjoom Pharmaceuticals Factory Co.
|
| | | | 737,091 | | |
| | | 235,961 | | | |
Saudi National Bank
|
| | | | 2,679,028 | | |
| | | | | | |
Total Saudi Arabia
|
| | | | 3,416,119 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| Singapore – 1.0% | | ||||||||||||
| | | 2,900 | | | |
BOC Aviation Ltd.(a)
|
| | | $ | 21,313 | | |
| | | 50,300 | | | |
CapitaLand Ascendas REIT
|
| | | | 103,115 | | |
| | | 28,900 | | | |
CapitaLand Ascott Trust
|
| | | | 19,319 | | |
| | | 74,600 | | | |
CapitaLand Integrated Commercial Trust
|
| | | | 109,337 | | |
| | | 36,700 | | | |
CapitaLand Investment Ltd.
|
| | | | 76,349 | | |
| | | 7,800 | | | |
City Developments Ltd.
|
| | | | 33,052 | | |
| | | 33,000 | | | |
ComfortDelGro Corp., Ltd
|
| | | | 33,085 | | |
| | | 26,700 | | | |
DBS Group Holdings Ltd.
|
| | | | 663,376 | | |
| | | 40,700 | | | |
Frasers Logistics & Commercial Trust
|
| | | | 31,261 | | |
| | | 91,200 | | | |
Genting Singapore Ltd.
|
| | | | 61,590 | | |
| | | 3,141,900 | | | |
Golden Agri-Resources Ltd.
|
| | | | 617,877 | | |
| | | 130,825 | | | |
Hafnia Ltd.
|
| | | | 962,649 | | |
| | | 1,400 | | | |
Jardine Cycle & Carriage Ltd.
|
| | | | 26,546 | | |
| | | 20,800 | | | |
Keppel Corp., Ltd
|
| | | | 112,472 | | |
| | | 13,500 | | | |
Keppel DC REIT
|
| | | | 17,136 | | |
| | | 35,700 | | | |
Keppel REIT
|
| | | | 22,988 | | |
| | | 413,600 | | | |
Mapletree Industrial Trust
|
| | | | 706,914 | | |
| | | 46,500 | | | |
Mapletree Logistics Trust
|
| | | | 51,320 | | |
| | | 40,200 | | | |
Mapletree Pan Asia Commercial Trust
|
| | | | 40,495 | | |
| | | 39,500 | | | |
NETLINK NBN TRUST
|
| | | | 24,647 | | |
| | | 28,100 | | | |
Olam Group Ltd.
|
| | | | 20,474 | | |
| | | 51,300 | | | |
Oversea-Chinese Banking Corp., Ltd
|
| | | | 496,924 | | |
| | | 10,500 | | | |
SATS Ltd.*
|
| | | | 20,495 | | |
| | | 45,693 | | | |
Sea Ltd., ADR*
|
| | | | 2,217,024 | | |
| | | 688,800 | | | |
Seatrium Ltd.*
|
| | | | 46,108 | | |
| | | 273,300 | | | |
Sembcorp Industries Ltd.
|
| | | | 1,039,201 | | |
| | | 825,900 | | | |
Sheng Siong Group Ltd.
|
| | | | 952,439 | | |
| | | 21,000 | | | |
Singapore Airlines Ltd.
|
| | | | 101,597 | | |
| | | 13,200 | | | |
Singapore Exchange Ltd.
|
| | | | 93,082 | | |
| | | 23,500 | | | |
Singapore Technologies Engineering Ltd.
|
| | | | 69,793 | | |
| | | 114,400 | | | |
Singapore Telecommunications Ltd.
|
| | | | 200,102 | | |
| | | 37,700 | | | |
Suntec Real Estate Investment Trust
|
| | | | 32,563 | | |
| | | 688,300 | | | |
United Overseas Bank Ltd.
|
| | | | 14,343,340 | | |
| | | 7,700 | | | |
UOL Group Ltd.
|
| | | | 33,962 | | |
| | | 4,300 | | | |
Venture Corp., Ltd
|
| | | | 44,813 | | |
| | | 28,200 | | | |
Wilmar International Ltd.
|
| | | | 69,835 | | |
| | | | | | |
Total Singapore
|
| | | | 23,516,593 | | |
| South Africa – 0.4% | | ||||||||||||
| | | 13,534 | | | |
Capitec Bank Holdings Ltd.
|
| | | | 1,423,843 | | |
| | | 28,248 | | | |
Gold Fields Ltd.
|
| | | | 369,758 | | |
| | | 69,330 | | | |
Gold Fields Ltd., ADR
|
| | | | 904,063 | | |
| | | 70,811 | | | |
Investec PLC
|
| | | | 441,652 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| South Africa – (continued) | | ||||||||||||
| | | 4,576 | | | |
Naspers Ltd., Class N Shares
|
| | | $ | 748,931 | | |
| | | 6,486,996 | | | |
Sibanye Stillwater Ltd.
|
| | | | 6,665,816 | | |
| | | | | | |
Total South Africa
|
| | | | 10,554,063 | | |
| South Korea – 3.4% | | ||||||||||||
| | | 497 | | | |
Alteogen Inc.*
|
| | | | 59,955 | | |
| | | 356 | | | |
Amorepacific Corp.
|
| | | | 31,954 | | |
| | | 92,354 | | | |
BNK Financial Group Inc.
|
| | | | 517,356 | | |
| | | 2,272 | | | |
Celltrion Inc.
|
| | | | 306,322 | | |
| | | 442 | | | |
Celltrion Pharm Inc.*
|
| | | | 36,576 | | |
| | | 1,556 | | | |
Cheil Worldwide Inc.
|
| | | | 21,549 | | |
| | | 95 | | | |
CJ CheilJedang Corp.
|
| | | | 21,338 | | |
| | | 340 | | | |
CJ Corp.
|
| | | | 24,718 | | |
| | | 199 | | | |
CJ Logistics Corp.
|
| | | | 18,568 | | |
| | | 296 | | | |
CosmoAM&T Co., Ltd.*
|
| | | | 39,377 | | |
| | | 756 | | | |
Coway Co., Ltd.
|
| | | | 30,760 | | |
| | | 15,883 | | | |
DB HiTek Co., Ltd.
|
| | | | 553,360 | | |
| | | 648 | | | |
DB Insurance Co., Ltd.
|
| | | | 48,021 | | |
| | | 4,405 | | | |
DGB Financial Group Inc.
|
| | | | 29,126 | | |
| | | 648 | | | |
DL E&C Co., Ltd.
|
| | | | 17,995 | | |
| | | 824 | | | |
Doosan Bobcat Inc.
|
| | | | 29,050 | | |
| | | 6,219 | | | |
Doosan Enerbility Co., Ltd.*
|
| | | | 75,790 | | |
| | | 631 | | | |
Ecopro BM Co., Ltd.*
|
| | | | 126,629 | | |
| | | 302 | | | |
Ecopro Co., Ltd.*
|
| | | | 140,413 | | |
| | | 380 | | | |
E-MART Inc.
|
| | | | 21,087 | | |
| | | 246 | | | |
F&F Co., Ltd.
|
| | | | 13,414 | | |
| | | 754 | | | |
Fila Holdings Corp.
|
| | | | 21,616 | | |
| | | 702 | | | |
GS Holdings Corp.
|
| | | | 25,291 | | |
| | | 3,955 | | | |
Hana Financial Group Inc.
|
| | | | 167,958 | | |
| | | 678 | | | |
Hanjin Kal Corp.
|
| | | | 32,167 | | |
| | | 1,048 | | | |
Hankook Tire & Technology Co., Ltd.
|
| | | | 42,617 | | |
| | | 117 | | | |
Hanmi Pharm Co., Ltd.
|
| | | | 29,312 | | |
| | | 2,894 | | | |
Hanon Systems
|
| | | | 13,406 | | |
| | | 624 | | | |
Hanwha Aerospace Co., Ltd.
|
| | | | 87,670 | | |
| | | 46,648 | | | |
Hanwha Corp.
|
| | | | 1,028,855 | | |
| | | 9,302 | | | |
Hanwha Life Insurance Co., Ltd.*
|
| | | | 21,980 | | |
| | | 1,060 | | | |
Hanwha Ocean Co., Ltd.*
|
| | | | 18,558 | | |
| | | 1,312 | | | |
Hanwha Solutions Corp.
|
| | | | 27,372 | | |
| | | 942 | | | |
HD Hyundai Co., Ltd.
|
| | | | 49,957 | | |
| | | 12,228 | | | |
HD Hyundai Construction Equipment Co., Ltd.
|
| | | | 493,950 | | |
| | | 7,566 | | | |
HD Hyundai Electric Co., Ltd.
|
| | | | 705,707 | | |
| | | 14,548 | | | |
HD Hyundai Heavy Industries Co., Ltd.
|
| | | | 1,287,021 | | |
| | | 2,782 | | | |
HD Hyundai Infracore Co., Ltd.*
|
| | | | 16,819 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| South Korea – (continued) | | ||||||||||||
| | | 34,180 | | | |
HD Korea Shipbuilding & Offshore Engineering Co., Ltd.
|
| | | $ | 2,870,976 | | |
| | | 661 | | | |
HL Mando Co., Ltd.
|
| | | | 16,452 | | |
| | | 1,417 | | | |
HLB Inc.*
|
| | | | 86,669 | | |
| | | 4,887 | | | |
HMM Co., Ltd.*
|
| | | | 66,874 | | |
| | | 454 | | | |
Hotel Shilla Co., Ltd.
|
| | | | 20,446 | | |
| | | 271 | | | |
HYBE Co., Ltd.
|
| | | | 40,501 | | |
| | | 942 | | | |
Hyundai Engineering & Construction Co., Ltd.
|
| | | | 24,401 | | |
| | | 305 | | | |
Hyundai Glovis Co., Ltd.
|
| | | | 43,590 | | |
| | | 49,899 | | | |
Hyundai Marine & Fire Insurance Co., Ltd.
|
| | | | 1,178,483 | | |
| | | 375 | | | |
Hyundai Mipo Dockyard Co., Ltd.
|
| | | | 17,707 | | |
| | | 946 | | | |
Hyundai Mobis Co., Ltd.
|
| | | | 172,179 | | |
| | | 2,908 | | | |
Hyundai Motor Co.
|
| | | | 488,575 | | |
| | | 888 | | | |
Hyundai Steel Co.
|
| | | | 23,956 | | |
| | | 11,558 | | | |
Hyundai Wia Corp.
|
| | | | 521,369 | | |
| | | 4,026 | | | |
Industrial Bank of Korea
|
| | | | 42,250 | | |
| | | 82,794 | | | |
JB Financial Group Co., Ltd.
|
| | | | 812,438 | | |
| | | 4,629 | | | |
Kakao Corp.
|
| | | | 185,353 | | |
| | | 3,139 | | | |
KakaoBank Corp.
|
| | | | 67,117 | | |
| | | 554 | | | |
Kakaopay Corp.*
|
| | | | 18,329 | | |
| | | 1,709 | | | |
Kangwon Land Inc.*
|
| | | | 22,274 | | |
| | | 29,113 | | | |
KB Financial Group Inc.
|
| | | | 1,374,140 | | |
| | | 112 | | | |
KCC Corp.
|
| | | | 22,314 | | |
| | | 844 | | | |
KEPCO Plant Service & Engineering Co., Ltd.*
|
| | | | 23,464 | | |
| | | 3,512 | | | |
Kia Corp.*
|
| | | | 329,419 | | |
| | | 30,305 | | | |
Korea Aerospace Industries Ltd.*
|
| | | | 1,165,810 | | |
| | | 3,806 | | | |
Korea Electric Power Corp.
|
| | | | 70,760 | | |
| | | 527 | | | |
Korea Investment Holdings Co., Ltd.*
|
| | | | 28,084 | | |
| | | 182 | | | |
Korea Zinc Co., Ltd.
|
| | | | 61,109 | | |
| | | 3,479 | | | |
Korean Air Lines Co., Ltd.
|
| | | | 60,015 | | |
| | | 436 | | | |
Krafton Inc.*
|
| | | | 74,290 | | |
| | | 1,552 | | | |
KT&G Corp.
|
| | | | 108,213 | | |
| | | 212 | | | |
Kumho Petrochemical Co., Ltd.*
|
| | | | 23,521 | | |
| | | 360 | | | |
L&F Co., Ltd.*
|
| | | | 46,077 | | |
| | | 17,125 | | | |
LEENO Industrial Inc.
|
| | | | 2,695,330 | | |
| | | 5,849 | | | |
LG Chem Ltd.
|
| | | | 1,977,936 | | |
| | | 1,180 | | | |
LG Corp.
|
| | | | 82,969 | | |
| | | 3,848 | | | |
LG Display Co., Ltd.
|
| | | | 32,241 | | |
| | | 1,700 | | | |
LG Electronics Inc.
|
| | | | 121,117 | | |
| | | 598 | | | |
LG Energy Solution Ltd.*
|
| | | | 180,452 | | |
| | | 111 | | | |
LG H&H Co., Ltd.
|
| | | | 26,564 | | |
| | | 214 | | | |
LG Innotek Co., Ltd.
|
| | | | 32,584 | | |
| | | 3,017 | | | |
LG Uplus Corp.
|
| | | | 23,335 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| South Korea – (continued) | | ||||||||||||
| | | 235 | | | |
Lotte Chemical Corp.
|
| | | $ | 21,577 | | |
| | | 1,089 | | | |
Lotte Corp.
|
| | | | 24,657 | | |
| | | 729 | | | |
Lotte Energy Materials Corp.
|
| | | | 19,051 | | |
| | | 12,421 | | | |
LS Corp.
|
| | | | 819,496 | | |
| | | 60,948 | | | |
LX INTERNATIONAL Corp.
|
| | | | 1,254,955 | | |
| | | 1,419 | | | |
Meritz Financial Group Inc.
|
| | | | 88,485 | | |
| | | 4,464 | | | |
Mirae Asset Securities Co., Ltd.
|
| | | | 30,215 | | |
| | | 12,588 | | | |
NAVER Corp.
|
| | | | 1,844,077 | | |
| | | 274 | | | |
NCSoft Corp.
|
| | | | 39,838 | | |
| | | 451 | | | |
Netmarble Games Corp.*(a)
|
| | | | 20,902 | | |
| | | 2,677 | | | |
NH Investment & Securities Co., Ltd.*
|
| | | | 23,572 | | |
| | | 71,347 | | | |
NICE Information Service Co., Ltd.*
|
| | | | 572,208 | | |
| | | 66 | | | |
NongShim Co., Ltd.
|
| | | | 17,212 | | |
| | | 8,973 | | | |
OCI Holdings Co., Ltd.
|
| | | | 632,992 | | |
| | | 218 | | | |
Orion Corp.
|
| | | | 15,195 | | |
| | | 5,618 | | | |
Pan Ocean Co., Ltd.
|
| | | | 20,498 | | |
| | | 607 | | | |
Pearl Abyss Corp.*
|
| | | | 13,741 | | |
| | | 394 | | | |
POSCO Future M Co., Ltd.
|
| | | | 94,032 | | |
| | | 1,102 | | | |
POSCO Holdings Inc.
|
| | | | 357,365 | | |
| | | 669 | | | |
Posco International Corp.
|
| | | | 28,216 | | |
| | | 478 | | | |
S-1 Corp.
|
| | | | 20,837 | | |
| | | 255 | | | |
Samsung Biologics Co., Ltd.*(a)
|
| | | | 148,007 | | |
| | | 1,270 | | | |
Samsung C&T Corp.
|
| | | | 149,292 | | |
| | | 906 | | | |
Samsung Card Co., Ltd.
|
| | | | 25,427 | | |
| | | 807 | | | |
Samsung Electro-Mechanics Co., Ltd.
|
| | | | 84,799 | | |
| | | 11,987 | | | |
Samsung Electronics Co., Ltd.
|
| | | | 572,049 | | |
| | | 585,915 | | | |
Samsung Electronics Co., Ltd.
|
| | | | 32,075,213 | | |
| | | 2,158 | | | |
Samsung Engineering Co., Ltd.*
|
| | | | 39,851 | | |
| | | 553 | | | |
Samsung Fire & Marine Insurance Co., Ltd.
|
| | | | 115,620 | | |
| | | 10,928 | | | |
Samsung Heavy Industries Co., Ltd.*
|
| | | | 64,930 | | |
| | | 931 | | | |
Samsung Life Insurance Co., Ltd.
|
| | | | 67,642 | | |
| | | 1,814 | | | |
Samsung SDI Co., Ltd.
|
| | | | 513,764 | | |
| | | 472 | | | |
Samsung SDS Co., Ltd.
|
| | | | 56,649 | | |
| | | 758 | | | |
Samsung Securities Co., Ltd.
|
| | | | 23,619 | | |
| | | 7,395 | | | |
Shinhan Financial Group Co., Ltd.
|
| | | | 239,977 | | |
| | | 440 | | | |
SK Biopharmaceuticals Co., Ltd.*
|
| | | | 31,987 | | |
| | | 416 | | | |
SK Bioscience Co., Ltd.*
|
| | | | 19,171 | | |
| | | 107,899 | | | |
SK Hynix Inc.
|
| | | | 12,750,834 | | |
| | | 390 | | | |
SK IE Technology Co., Ltd.*(a)
|
| | | | 21,474 | | |
| | | 442 | | | |
SK Inc.
|
| | | | 63,727 | | |
| | | 845 | | | |
SK Innovation Co., Ltd.*
|
| | | | 74,294 | | |
| | | 4,739 | | | |
SK Networks Co., Ltd.
|
| | | | 23,287 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| South Korea – (continued) | | ||||||||||||
| | | 1,384 | | | |
SK Square Co., Ltd.*
|
| | | $ | 72,604 | | |
| | | 389 | | | |
SKC Co., Ltd.*
|
| | | | 24,202 | | |
| | | 841 | | | |
S-Oil Corp.
|
| | | | 48,168 | | |
| | | 11,697 | | | |
Tokai Carbon Korea Co., Ltd.
|
| | | | 831,175 | | |
| | | 428 | | | |
Wemade Co., Ltd.*
|
| | | | 14,956 | | |
| | | 9,155 | | | |
Woori Financial Group Inc.
|
| | | | 102,451 | | |
| | | 18,973 | | | |
Youngone Corp.*
|
| | | | 626,121 | | |
| | | 128,553 | | | |
Yuhan Corp.
|
| | | | 6,499,274 | | |
| | | | | | |
Total South Korea
|
| | | | 82,852,982 | | |
| Spain – 1.1% | | ||||||||||||
| | | 353 | | | |
Acciona SA
|
| | | | 39,464 | | |
| | | 39,464 | | | |
Acerinox SA
|
| | | | 432,261 | | |
| | | 3,584 | | | |
ACS Actividades de Construccion y Servicios SA
|
| | | | 146,952 | | |
| | | 1,057 | | | |
Aena SME SA(a)
|
| | | | 200,073 | | |
| | | 138,054 | | | |
Amadeus IT Group SA
|
| | | | 8,113,372 | | |
| | | 88,314 | | | |
Banco Bilbao Vizcaya Argentaria SA
|
| | | | 877,333 | | |
| | | 2,735,679 | | | |
Banco de Sabadell SA
|
| | | | 3,538,806 | | |
| | | 236,863 | | | |
Banco Santander SA
|
| | | | 982,967 | | |
| | | 10,573 | | | |
Bankinter SA
|
| | | | 67,049 | | |
| | | 1,638,427 | | | |
CaixaBank SA
|
| | | | 7,387,675 | | |
| | | 8,297 | | | |
Cellnex Telecom SA(a)
|
| | | | 298,597 | | |
| | | 28,638 | | | |
Compania de Distribucion Integral Logista Holdings SA
|
| | | | 768,810 | | |
| | | 796 | | | |
Corp. ACCIONA Energias Renovables SA(c)
|
| | | | 16,431 | | |
| | | 4,154 | | | |
EDP Renovaveis SA
|
| | | | 56,596 | | |
| | | 3,826 | | | |
Enagas SA
|
| | | | 55,187 | | |
| | | 4,267 | | | |
Endesa SA
|
| | | | 76,770 | | |
| | | 7,723 | | | |
Ferrovial SE
|
| | | | 289,202 | | |
| | | 37,244 | | | |
Fluidra SA
|
| | | | 867,755 | | |
| | | 5,262 | | | |
Grifols SA*
|
| | | | 43,122 | | |
| | | 3,225 | | | |
Grifols SA, Class B Shares*
|
| | | | 17,914 | | |
| | | 89,732 | | | |
Iberdrola SA
|
| | | | 1,030,169 | | |
| | | 29,993 | | | |
Indra Sistemas SA
|
| | | | 573,149 | | |
| | | 15,509 | | | |
Industria de Diseno Textil SA
|
| | | | 687,351 | | |
| | | 10,988 | | | |
Mapfre SA
|
| | | | 23,263 | | |
| | | 52,257 | | | |
Merlin Properties Socimi SA
|
| | | | 495,200 | | |
| | | 2,049 | | | |
Naturgy Energy Group SA
|
| | | | 48,476 | | |
| | | 6,554 | | | |
Redeia Corp. SA
|
| | | | 104,149 | | |
| | | 18,892 | | | |
Repsol SA
|
| | | | 300,354 | | |
| | | 74,053 | | | |
Telefonica SA
|
| | | | 302,481 | | |
| | | | | | |
Total Spain
|
| | | | 27,840,928 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| Sweden – 3.3% | | ||||||||||||
| | | 4,576 | | | |
Alfa Laval AB
|
| | | $ | 172,336 | | |
| | | 126,921 | | | |
Assa Abloy AB, Class B Shares
|
| | | | 3,627,043 | | |
| | | 36,512 | | | |
Atlas Copco AB, Class A Shares
|
| | | | 633,538 | | |
| | | 23,402 | | | |
Atlas Copco AB, Class B Shares
|
| | | | 350,587 | | |
| | | 1,702 | | | |
Axfood AB
|
| | | | 47,516 | | |
| | | 4,917 | | | |
Beijer Ref AB, Class B Shares
|
| | | | 69,427 | | |
| | | 357,219 | | | |
Boliden AB
|
| | | | 9,056,506 | | |
| | | 6,115 | | | |
Castellum AB*
|
| | | | 73,568 | | |
| | | 3,010 | | | |
Electrolux AB, Class B Shares*
|
| | | | 25,756 | | |
| | | 1,392,157 | | | |
Elekta AB, Class B Shares(c)
|
| | | | 10,054,429 | | |
| | | 183,764 | | | |
Epiroc AB, Class A Shares
|
| | | | 3,337,417 | | |
| | | 3,734 | | | |
Epiroc AB, Class B Shares
|
| | | | 61,555 | | |
| | | 5,992 | | | |
EQT AB
|
| | | | 176,037 | | |
| | | 196,568 | | | |
Essity AB, Class B Shares
|
| | | | 4,583,711 | | |
| | | 2,725 | | | |
Evolution AB(a)
|
| | | | 353,482 | | |
| | | 9,148 | | | |
Fastighets AB Balder, Class B Shares*
|
| | | | 57,060 | | |
| | | 236,593 | | | |
Fortnox AB
|
| | | | 1,649,005 | | |
| | | 588,399 | | | |
Getinge AB, Class B Shares
|
| | | | 11,658,486 | | |
| | | 9,271 | | | |
H & M Hennes & Mauritz AB, Class B Shares
|
| | | | 125,730 | | |
| | | 117,739 | | | |
Hemnet Group AB
|
| | | | 3,601,641 | | |
| | | 242,828 | | | |
Hexagon AB, Class B Shares
|
| | | | 2,853,475 | | |
| | | 1,226 | | | |
Holmen AB, Class B Shares
|
| | | | 49,224 | | |
| | | 4,183 | | | |
Husqvarna AB, Class B Shares
|
| | | | 32,276 | | |
| | | 3,556 | | | |
Industrivarden AB, Class A Shares
|
| | | | 121,260 | | |
| | | 627 | | | |
Industrivarden AB, Class C Shares
|
| | | | 21,355 | | |
| | | 4,049 | | | |
Indutrade AB
|
| | | | 107,159 | | |
| | | 2,410 | | | |
Investment AB Latour, Class B Shares
|
| | | | 61,124 | | |
| | | 6,974 | | | |
Investor AB, Class A Shares
|
| | | | 173,128 | | |
| | | 24,004 | | | |
Investor AB, Class B Shares
|
| | | | 604,190 | | |
| | | 3,241 | | | |
Kinnevik AB, Class B Shares*
|
| | | | 34,464 | | |
| | | 1,790 | | | |
L E Lundbergforetagen AB, Class B Shares
|
| | | | 97,277 | | |
| | | 3,055 | | | |
Lifco AB, Class B Shares
|
| | | | 81,518 | | |
| | | 20,675 | | | |
Nibe Industrier AB, Class B Shares
|
| | | | 115,813 | | |
| | | 1,177 | | | |
Saab AB, Class B Shares
|
| | | | 92,743 | | |
| | | 25,100 | | | |
Sagax AB, Class D Shares
|
| | | | 70,358 | | |
| | | 15,939 | | | |
Sandvik AB
|
| | | | 359,282 | | |
| | | 6,719 | | | |
Securitas AB, Class B Shares
|
| | | | 72,395 | | |
| | | 24,461 | | | |
Skandinaviska Enskilda Banken AB, Class A Shares
|
| | | | 363,119 | | |
| | | 5,593 | | | |
Skanska AB, Class B Shares
|
| | | | 103,156 | | |
| | | 731,235 | | | |
SKF AB, Class B Shares
|
| | | | 15,939,569 | | |
| | | 347,026 | | | |
SSAB AB, Class B Shares
|
| | | | 2,720,172 | | |
| | | 160,771 | | | |
Svenska Cellulosa AB SCA, Class B Shares
|
| | | | 2,274,120 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| Sweden – (continued) | | ||||||||||||
| | | 22,216 | | | |
Svenska Handelsbanken AB, Class A Shares
|
| | | $ | 265,778 | | |
| | | 467 | | | |
Svenska Handelsbanken AB, Class B Shares
|
| | | | 6,940 | | |
| | | 3,036 | | | |
Sweco AB, Class B Shares
|
| | | | 32,353 | | |
| | | 14,944 | | | |
Swedbank AB, Class A Shares
|
| | | | 327,989 | | |
| | | 2,996 | | | |
Swedish Orphan Biovitrum AB*
|
| | | | 73,561 | | |
| | | 7,959 | | | |
Tele2 AB, Class B Shares
|
| | | | 66,764 | | |
| | | 43,970 | | | |
Telefonaktiebolaget LM Ericsson, Class B Shares
|
| | | | 239,486 | | |
| | | 37,338 | | | |
Telia Co. AB
|
| | | | 88,900 | | |
| | | 3,199 | | | |
Trelleborg AB, Class B Shares
|
| | | | 116,375 | | |
| | | 77,661 | | | |
VEF AB*
|
| | | | 13,519 | | |
| | | 38,330 | | | |
Vitec Software Group AB, Class B Shares
|
| | | | 2,102,149 | | |
| | | 2,519 | | | |
Volvo AB, Class A Shares
|
| | | | 70,228 | | |
| | | 22,894 | | | |
Volvo AB, Class B Shares
|
| | | | 630,155 | | |
| | | 6,766 | | | |
Volvo Car AB, Class B Shares*
|
| | | | 24,745 | | |
| | | | | | |
Total Sweden
|
| | | | 80,120,949 | | |
| Switzerland – 4.5% | | ||||||||||||
| | | 22,200 | | | |
ABB Ltd., Class Registered Shares
|
| | | | 1,023,085 | | |
| | | 15,311 | | | |
Accelleron Industries AG
|
| | | | 516,468 | | |
| | | 2,536 | | | |
Adecco Group AG, Class Registered Shares
|
| | | | 101,765 | | |
| | | 70,319 | | | |
Alcon Inc.
|
| | | | 5,985,251 | | |
| | | 1,452 | | | |
Avolta AG*
|
| | | | 56,867 | | |
| | | 370 | | | |
Bachem Holding AG, Class B Shares
|
| | | | 29,317 | | |
| | | 609 | | | |
Baloise Holding AG, Class Registered Shares
|
| | | | 98,287 | | |
| | | 381 | | | |
Banque Cantonale Vaudoise, Class Registered Shares
|
| | | | 45,647 | | |
| | | 4,939 | | | |
Barry Callebaut AG, Class Registered Shares
|
| | | | 6,943,745 | | |
| | | 114 | | | |
Belimo Holding AG, Class Registered Shares
|
| | | | 54,145 | | |
| | | 318 | | | |
BKW AG
|
| | | | 44,613 | | |
| | | 143 | | | |
Chocoladefabriken Lindt & Spruengli AG
|
| | | | 1,750,832 | | |
| | | 1 | | | |
Chocoladefabriken Lindt & Spruengli AG, Class Registered Shares
|
| | | | 120,114 | | |
| | | 43,239 | | | |
Cie Financiere Richemont SA, Class Registered Shares
|
| | | | 6,901,921 | | |
| | | 3,603 | | | |
Clariant AG, Class Registered Shares*
|
| | | | 44,617 | | |
| | | 2,962 | | | |
Coca-Cola HBC AG*
|
| | | | 92,222 | | |
| | | 755 | | | |
DKSH Holding AG
|
| | | | 55,482 | | |
| | | 2,561 | | | |
DSM-Firmenich AG
|
| | | | 274,272 | | |
| | | 29 | | | |
Emmi AG, Class Registered Shares
|
| | | | 29,533 | | |
| | | 111 | | | |
EMS-Chemie Holding AG, Class Registered Shares
|
| | | | 77,429 | | |
| | | 339 | | | |
Flughafen Zurich AG, Class Registered Shares
|
| | | | 71,565 | | |
| | | 489 | | | |
Geberit AG, Class Registered Shares
|
| | | | 284,293 | | |
| | | 1,466 | | | |
Georg Fischer AG, Class Registered Shares
|
| | | | 108,718 | | |
| | | 917 | | | |
Givaudan SA, Class Registered Shares
|
| | | | 3,850,095 | | |
| | | 1,053,280 | | | |
Glencore PLC
|
| | | | 4,998,717 | | |
| | | 651 | | | |
Helvetia Holding AG, Class Registered Shares
|
| | | | 92,008 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| Switzerland – (continued) | | ||||||||||||
| | | 7,663 | | | |
Holcim AG*
|
| | | $ | 625,177 | | |
| | | 445,820 | | | |
Julius Baer Group Ltd.
|
| | | | 23,869,567 | | |
| | | 734 | | | |
Kuehne + Nagel International AG, Class Registered Shares
|
| | | | 247,132 | | |
| | | 2,252 | | | |
Logitech International SA, Class Registered Shares
|
| | | | 198,722 | | |
| | | 1,096 | | | |
Lonza Group AG, Class Registered Shares
|
| | | | 573,657 | | |
| | | 98,449 | | | |
Nestle SA, Class Registered Shares
|
| | | | 10,231,493 | | |
| | | 23,200 | | | |
Novartis AG, ADR
|
| | | | 2,342,504 | | |
| | | 7,425 | | | |
Novartis AG, Class Registered Shares
|
| | | | 750,591 | | |
| | | 2,987 | | | |
Partners Group Holding AG
|
| | | | 4,290,461 | | |
| | | 670 | | | |
PSP Swiss Property AG, Class Registered Shares
|
| | | | 85,268 | | |
| | | 32,906 | | | |
Roche Holding AG
|
| | | | 8,632,162 | | |
| | | 6,379 | | | |
Sandoz Group AG*
|
| | | | 198,302 | | |
| | | 14,171 | | | |
Schindler Holding AG
|
| | | | 3,734,803 | | |
| | | 256 | | | |
Schindler Holding AG, Class Registered Shares
|
| | | | 65,132 | | |
| | | 40,887 | | | |
SGS SA, Class Registered Shares
|
| | | | 3,924,566 | | |
| | | 5,035 | | | |
SIG Group AG*
|
| | | | 99,736 | | |
| | | 13,288 | | | |
Sika AG, Class Registered Shares
|
| | | | 3,843,125 | | |
| | | 3,726 | | | |
Sonova Holding AG, Class Registered Shares
|
| | | | 1,148,442 | | |
| | | 1,569 | | | |
Straumann Holding AG, Class Registered Shares
|
| | | | 247,848 | | |
| | | 1,174 | | | |
Swatch Group AG
|
| | | | 142,654 | | |
| | | 432 | | | |
Swiss Life Holding AG, Class Registered Shares
|
| | | | 313,682 | | |
| | | 1,129 | | | |
Swiss Prime Site AG, Class Registered Shares
|
| | | | 107,905 | | |
| | | 4,250 | | | |
Swiss Re AG
|
| | | | 512,548 | | |
| | | 382 | | | |
Swisscom AG, Class Registered Shares
|
| | | | 218,223 | | |
| | | 207 | | | |
Tecan Group AG, Class Registered Shares
|
| | | | 80,802 | | |
| | | 751 | | | |
Temenos AG, Class Registered Shares
|
| | | | 56,513 | | |
| | | 312,947 | | | |
UBS Group AG, Class Registered Shares
|
| | | | 8,929,236 | | |
| | | 367 | | | |
VAT Group AG(a)
|
| | | | 184,093 | | |
| | | 2,111 | | | |
Zurich Insurance Group AG
|
| | | | 1,122,575 | | |
| | | | | | |
Total Switzerland
|
| | | | 110,427,927 | | |
| Taiwan – 3.4% | | ||||||||||||
| | | 112,000 | | | |
Arcadyan Technology Corp.
|
| | | | 652,443 | | |
| | | 91,000 | | | |
Chicony Electronics Co., Ltd.
|
| | | | 539,344 | | |
| | | 93,844 | | | |
Chief Telecom Inc.
|
| | | | 1,076,452 | | |
| | | 358,000 | | | |
Compeq Manufacturing Co., Ltd.
|
| | | | 859,724 | | |
| | | 228,382 | | | |
Delta Electronics Inc.
|
| | | | 2,122,639 | | |
| | | 86,000 | | | |
Elan Microelectronics Corp.
|
| | | | 451,036 | | |
| | | 84,000 | | | |
Gold Circuit Electronics Ltd.
|
| | | | 679,209 | | |
| | | 36,000 | | | |
International Games System Co., Ltd.
|
| | | | 970,591 | | |
| | | 734,000 | | | |
King Yuan Electronics Co., Ltd.
|
| | | | 2,065,626 | | |
| | | 54,000 | | | |
Makalot Industrial Co., Ltd.
|
| | | | 634,116 | | |
| | | 184,285 | | | |
Materials Analysis Technology Inc.
|
| | | | 1,574,553 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| Taiwan – (continued) | | ||||||||||||
| | | 57,000 | | | |
MPI Corp.
|
| | | $ | 583,548 | | |
| | | 143,000 | | | |
Powertech Technology Inc.
|
| | | | 706,236 | | |
| | | 209,000 | | | |
Primax Electronics Ltd.
|
| | | | 480,482 | | |
| | | 701,000 | | | |
Radiant Opto-Electronics Corp.
|
| | | | 3,269,426 | | |
| | | 242,000 | | | |
Simplo Technology Co., Ltd.
|
| | | | 3,266,313 | | |
| | | 227,000 | | | |
Sino-American Silicon Products Inc.
|
| | | | 1,332,773 | | |
| | | 61,000 | | | |
Sporton International Inc.
|
| | | | 454,637 | | |
| | | 329,715 | | | |
Supreme Electronics Co., Ltd.
|
| | | | 650,034 | | |
| | | 288,000 | | | |
T3EX Global Holdings Corp.
|
| | | | 837,933 | | |
| | | 1,586,353 | | | |
Taiwan Semiconductor Manufacturing Co., Ltd.
|
| | | | 34,477,912 | | |
| | | 178,372 | | | |
Taiwan Semiconductor Manufacturing Co., Ltd., ADR
|
| | | | 22,951,125 | | |
| | | 29,981 | | | |
Voltronic Power Technology Corp.
|
| | | | 1,516,750 | | |
| | | 282,000 | | | |
Wisdom Marine Lines Co., Ltd.
|
| | | | 547,697 | | |
| | | | | | |
Total Taiwan
|
| | | | 82,700,599 | | |
| Thailand – 0.2% | | ||||||||||||
| | | 1,483,900 | | | |
AP Thailand PCL(b)
|
| | | | 433,829 | | |
| | | 968,900 | | | |
Betagro PCL(b)
|
| | | | 598,902 | | |
| | | 58,600 | | | |
Bumrungrad Hospital PCL(b)
|
| | | | 365,485 | | |
| | | 919,500 | | | |
CP ALL PCL, Class F Shares(b)
|
| | | | 1,472,122 | | |
| | | 1,759,900 | | | |
Regional Container Lines PCL(b)
|
| | | | 1,092,740 | | |
| | | 16,218,400 | | | |
Sansiri PCL(b)
|
| | | | 830,902 | | |
| | | | | | |
Total Thailand
|
| | | | 4,793,980 | | |
| Turkey – 0.3% | | ||||||||||||
| | | 147,552 | | | |
Anadolu Efes Biracilik Ve Malt Sanayii AS
|
| | | | 735,540 | | |
| | | 94,165 | | | |
Dogus Otomotiv Servis ve Ticaret AS
|
| | | | 806,283 | | |
| | | 672,730 | | | |
Enerjisa Enerji AS(a)
|
| | | | 1,342,945 | | |
| | | 1,096,529 | | | |
Is Gayrimenkul Yatirim Ortakligi AS*
|
| | | | 605,523 | | |
| | | 98,760 | | | |
Mavi Giyim Sanayi Ve Ticaret AS, Class B Shares(a)
|
| | | | 448,670 | | |
| | | 86,051 | | | |
Migros Ticaret AS
|
| | | | 1,358,895 | | |
| | | 1,076,748 | | | |
Sok Marketler Ticaret AS
|
| | | | 2,309,687 | | |
| | | 28,950 | | | |
Turk Traktor ve Ziraat Makineleri AS
|
| | | | 806,365 | | |
| | | | | | |
Total Turkey
|
| | | | 8,413,908 | | |
| United Arab Emirates – 0.0% | | ||||||||||||
| | | 81,922 | | | |
Network International Holdings PLC*(a)
|
| | | | 396,184 | | |
| United Kingdom – 9.1% | | ||||||||||||
| | | 14,209 | | | |
3i Group PLC
|
| | | | 443,069 | | |
| | | 24,986 | | | |
abrdn PLC
|
| | | | 49,637 | | |
| | | 4,587 | | | |
Admiral Group PLC
|
| | | | 154,457 | | |
| | | 13,647 | | | |
Airtel Africa PLC(a)
|
| | | | 16,349 | | |
| | | 261,245 | | | |
AJ Bell PLC
|
| | | | 1,002,892 | | |
| | | 4,529 | | | |
Allfunds Group PLC
|
| | | | 32,155 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| United Kingdom – (continued) | | ||||||||||||
| | | 21,216 | | | |
Amcor PLC
|
| | | $ | 188,762 | | |
| | | 17,837 | | | |
Anglo American PLC
|
| | | | 384,107 | | |
| | | 43,180 | | | |
Ashtead Group PLC
|
| | | | 3,116,931 | | |
| | | 187,939 | | | |
Ashtead Technology Holdings PLC
|
| | | | 1,663,392 | | |
| | | 446,588 | | | |
Associated British Foods PLC
|
| | | | 12,819,833 | | |
| | | 21,877 | | | |
AstraZeneca PLC
|
| | | | 2,770,087 | | |
| | | 74,640 | | | |
AstraZeneca PLC, ADR
|
| | | | 4,788,902 | | |
| | | 13,206 | | | |
Auto Trader Group PLC(a)
|
| | | | 123,535 | | |
| | | 39,724 | | | |
Aviva PLC
|
| | | | 224,491 | | |
| | | 375,063 | | | |
B&M European Value Retail SA
|
| | | | 2,489,565 | | |
| | | 705,709 | | | |
BAE Systems PLC
|
| | | | 11,068,567 | | |
| | | 113,964 | | | |
Balfour Beatty PLC
|
| | | | 488,415 | | |
| | | 222,016 | | | |
Barclays PLC
|
| | | | 463,595 | | |
| | | 15,283 | | | |
Barratt Developments PLC
|
| | | | 90,075 | | |
| | | 10,765 | | | |
Beazley PLC
|
| | | | 88,715 | | |
| | | 1,676 | | | |
Berkeley Group Holdings PLC
|
| | | | 98,321 | | |
| | | 246,768 | | | |
BP PLC
|
| | | | 1,440,959 | | |
| | | 376,252 | | | |
Bridgepoint Group PLC(a)
|
| | | | 1,231,229 | | |
| | | 32,921 | | | |
British American Tobacco PLC
|
| | | | 976,966 | | |
| | | 221,328 | | | |
British Land Co. PLC
|
| | | | 976,719 | | |
| | | 99,295 | | | |
BT Group PLC
|
| | | | 131,327 | | |
| | | 5,172 | | | |
Bunzl PLC
|
| | | | 206,197 | | |
| | | 5,420 | | | |
Burberry Group PLC
|
| | | | 87,901 | | |
| | | 466,434 | | | |
Bytes Technology Group PLC
|
| | | | 3,294,150 | | |
| | | 5,472,465 | | | |
Centrica PLC
|
| | | | 8,698,382 | | |
| | | 25,335 | | | |
Compass Group PLC
|
| | | | 694,302 | | |
| | | 11,600 | | | |
Computacenter PLC
|
| | | | 425,379 | | |
| | | 24,862 | | | |
ConvaTec Group PLC(a)
|
| | | | 77,323 | | |
| | | 28,685 | | | |
Croda International PLC
|
| | | | 1,727,396 | | |
| | | 238,134 | | | |
Diageo PLC
|
| | | | 8,910,635 | | |
| | | 106,918 | | | |
DiscoverIE Group PLC
|
| | | | 907,402 | | |
| | | 106,139 | | | |
Drax Group PLC
|
| | | | 624,096 | | |
| | | 3,392,037 | | | |
DS Smith PLC
|
| | | | 13,805,634 | | |
| | | 220,124 | | | |
easyJet PLC*
|
| | | | 1,512,829 | | |
| | | 2,552 | | | |
Endeavour Mining PLC
|
| | | | 41,236 | | |
| | | 702,621 | | | |
Entain PLC
|
| | | | 8,120,939 | | |
| | | 3,029 | | | |
Ferguson PLC
|
| | | | 631,881 | | |
| | | 59,560 | | | |
GSK PLC
|
| | | | 1,251,045 | | |
| | | 1,693,685 | | | |
Haleon PLC
|
| | | | 7,108,011 | | |
| | | 5,785 | | | |
Halma PLC
|
| | | | 168,219 | | |
| | | 5,744 | | | |
Hargreaves Lansdown PLC
|
| | | | 53,010 | | |
| | | 6,538 | | | |
Howden Joinery Group PLC
|
| | | | 68,303 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| United Kingdom – (continued) | | ||||||||||||
| | | 288,169 | | | |
HSBC Holdings PLC
|
| | | $ | 2,246,231 | | |
| | | 299,028 | | | |
IMI PLC
|
| | | | 6,548,769 | | |
| | | 13,153 | | | |
Imperial Brands PLC
|
| | | | 283,585 | | |
| | | 78,475 | | | |
Inchcape PLC
|
| | | | 678,047 | | |
| | | 20,682 | | | |
Informa PLC
|
| | | | 211,680 | | |
| | | 2,320 | | | |
InterContinental Hotels Group PLC
|
| | | | 246,250 | | |
| | | 29,807 | | | |
Intermediate Capital Group PLC
|
| | | | 724,912 | | |
| | | 15,084 | | | |
International Consolidated Airlines Group SA*
|
| | | | 28,063 | | |
| | | 70,228 | | | |
Intertek Group PLC
|
| | | | 4,112,543 | | |
| | | 45,833 | | | |
ITV PLC
|
| | | | 32,494 | | |
| | | 21,877 | | | |
J Sainsbury PLC
|
| | | | 69,126 | | |
| | | 36,229 | | | |
JD Sports Fashion PLC
|
| | | | 53,988 | | |
| | | 41,233 | | | |
JET2 PLC
|
| | | | 726,420 | | |
| | | 2,570 | | | |
Johnson Matthey PLC
|
| | | | 50,043 | | |
| | | 904,582 | | | |
Johnson Service Group PLC
|
| | | | 1,633,854 | | |
| | | 62,216 | | | |
Keller Group PLC
|
| | | | 679,953 | | |
| | | 29,261 | | | |
Kingfisher PLC
|
| | | | 86,680 | | |
| | | 10,290 | | | |
Land Securities Group PLC
|
| | | | 80,573 | | |
| | | 5,560,791 | | | |
Legal & General Group PLC
|
| | | | 17,009,931 | | |
| | | 936,552 | | | |
Lloyds Banking Group PLC
|
| | | | 550,975 | | |
| | | 37,776 | | | |
London Stock Exchange Group PLC
|
| | | | 4,233,739 | | |
| | | 31,192 | | | |
M&G PLC
|
| | | | 88,556 | | |
| | | 342,515 | | | |
Marks & Spencer Group PLC
|
| | | | 1,024,432 | | |
| | | 19,750 | | | |
Melrose Industries PLC
|
| | | | 158,445 | | |
| | | 6,242 | | | |
Mondi PLC
|
| | | | 110,970 | | |
| | | 301,597 | | | |
Mortgage Advice Bureau Holdings Ltd.
|
| | | | 3,077,212 | | |
| | | 54,736 | | | |
National Grid PLC
|
| | | | 717,125 | | |
| | | 2,654,998 | | | |
NatWest Group PLC
|
| | | | 8,019,476 | | |
| | | 1,794 | | | |
Next PLC
|
| | | | 188,900 | | |
| | | 170,530 | | | |
Ocado Group PLC*
|
| | | | 1,108,761 | | |
| | | 162,796 | | | |
OSB Group PLC
|
| | | | 855,509 | | |
| | | 309,651 | | | |
Patisserie Holdings PLC*(b)(d)
|
| | | | 3,909 | | |
| | | 11,096 | | | |
Pearson PLC
|
| | | | 134,625 | | |
| | | 3,273 | | | |
Pepco Group NV*
|
| | | | 16,414 | | |
| | | 670,304 | | | |
Persimmon PLC
|
| | | | 11,552,339 | | |
| | | 10,748 | | | |
Phoenix Group Holdings PLC
|
| | | | 67,527 | | |
| | | 10,568 | | | |
Reckitt Benckiser Group PLC
|
| | | | 666,935 | | |
| | | 233,262 | | | |
Redde Northgate PLC
|
| | | | 1,019,987 | | |
| | | 27,958 | | | |
RELX PLC
|
| | | | 1,226,215 | | |
| | | 480 | | | |
Renishaw PLC
|
| | | | 26,121 | | |
| | | 279,505 | | | |
Rentokil Initial PLC
|
| | | | 1,548,175 | | |
| | | 11,942 | | | |
Rightmove PLC
|
| | | | 85,817 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| United Kingdom – (continued) | | ||||||||||||
| | | 16,108 | | | |
Rio Tinto PLC
|
| | | $ | 1,033,802 | | |
| | | 123,914 | | | |
Rolls-Royce Holdings PLC*
|
| | | | 578,195 | | |
| | | 6,351 | | | |
RS GROUP PLC
|
| | | | 60,513 | | |
| | | 15,581 | | | |
Sage Group PLC
|
| | | | 245,370 | | |
| | | 11,376 | | | |
Schroders PLC
|
| | | | 56,553 | | |
| | | 19,236 | | | |
Segro PLC
|
| | | | 205,573 | | |
| | | 3,567 | | | |
Severn Trent PLC
|
| | | | 112,573 | | |
| | | 97,845 | | | |
Shell PLC
|
| | | | 3,036,544 | | |
| | | 1,286,791 | | | |
Smith & Nephew PLC
|
| | | | 17,006,587 | | |
| | | 5,302 | | | |
Smiths Group PLC
|
| | | | 107,706 | | |
| | | 24,913 | | | |
Spirax-Sarco Engineering PLC
|
| | | | 3,250,542 | | |
| | | 16,208 | | | |
SSE PLC
|
| | | | 332,666 | | |
| | | 1,235,752 | | | |
St James’s Place PLC
|
| | | | 7,856,260 | | |
| | | 32,510 | | | |
Standard Chartered PLC
|
| | | | 274,188 | | |
| | | 6,248 | | | |
Tate & Lyle PLC
|
| | | | 47,373 | | |
| | | 53,980 | | | |
Taylor Wimpey PLC
|
| | | | 94,036 | | |
| | | 103,670 | | | |
Tesco PLC
|
| | | | 365,061 | | |
| | | 12,362 | | | |
TORM PLC, Class A Shares
|
| | | | 423,335 | | |
| | | 51,731 | | | |
Unilever PLC
|
| | | | 2,531,672 | | |
| | | 37,216 | | | |
Unilever PLC
|
| | | | 1,820,156 | | |
| | | 5,277 | | | |
UNITE Group PLC
|
| | | | 63,983 | | |
| | | 11,093 | | | |
United Utilities Group PLC
|
| | | | 143,620 | | |
| | | 321,780 | | | |
Vodafone Group PLC
|
| | | | 283,352 | | |
| | | 3,782 | | | |
Weir Group PLC
|
| | | | 87,585 | | |
| | | 2,706 | | | |
Whitbread PLC
|
| | | | 112,928 | | |
| | | 14,438 | | | |
Willis Towers Watson PLC
|
| | | | 3,935,943 | | |
| | | 11,281 | | | |
Wise PLC, Class A Shares*
|
| | | | 130,867 | | |
| | | 16,054 | | | |
WPP PLC
|
| | | | 143,930 | | |
| | | 195,350 | | | |
YouGov PLC
|
| | | | 2,811,878 | | |
| | | 12,330 | | | |
YuLife Holdings Ltd., Class C Shares*(b)(d)@
|
| | | | 277,580 | | |
| | | | | | |
Total United Kingdom
|
| | | | 225,152,999 | | |
| United States – 1.7% | | ||||||||||||
| | | 40,159 | | | |
Agilent Technologies Inc.
|
| | | | 5,516,240 | | |
| | | 30,342 | | | |
Analog Devices Inc.
|
| | | | 5,820,202 | | |
| | | 12,697 | | | |
BeiGene Ltd., ADR*
|
| | | | 2,103,258 | | |
| | | 53,207 | | | |
Bruker Corp.
|
| | | | 4,604,534 | | |
| | | 40,392 | | | |
Cadence Design Systems Inc.*
|
| | | | 12,294,517 | | |
| | | 572 | | | |
Canva Inc., Private Placement*(b)(d)@
|
| | | | 609,249 | | |
| | | 97,853 | | | |
Codere Online Luxembourg SA Forward Shares*(b)(d)
|
| | | | 654,637 | | |
| | | 24,735 | | | |
Codere Online Luxembourg SA Founders Shares*(b)(d)
|
| | | | 165,477 | | |
| | | 1,830 | | | |
Codere Online Luxembourg SA Private Shares*(b)(d)
|
| | | | 12,243 | | |
| | | 175,439 | | | |
Coupang Inc., Class A Shares*
|
| | | | 3,249,130 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| United States – (continued) | | ||||||||||||
| | | 5,678 | | | |
Estee Lauder Cos., Inc., Class A Shares
|
| | | $ | 843,637 | | |
| | | 6,521 | | | |
Linde PLC
|
| | | | 2,926,755 | | |
| | | 6,034 | | | |
Mastercard Inc., Class A Shares
|
| | | | 2,864,702 | | |
| | | 880 | | | |
MSCI Inc., Class A Shares
|
| | | | 493,654 | | |
| | | 404 | | | |
S&P Global Inc.
|
| | | | 173,066 | | |
| | | 15,900 | | | |
Samsonite International SA*(a)
|
| | | | 55,644 | | |
| | | 5,578 | | | |
Starbucks Corp.
|
| | | | 529,352 | | |
| | | | | | |
Total United States
|
| | | | 42,916,297 | | |
| Uruguay – 0.6% | | ||||||||||||
| | | 9,466 | | | |
MercadoLibre Inc.*
|
| | | | 15,101,110 | | |
| | | | | | |
TOTAL COMMON STOCKS
(Cost – $1,872,607,004) |
| | |
|
2,268,863,341
|
| |
| EXCHANGE TRADED FUNDS (ETFs) – 4.7% | | ||||||||||||
| United States – 4.7% | | ||||||||||||
| | | 856,990 | | | |
iShares Core MSCI Emerging Markets
|
| | | | 43,140,877 | | |
| | | 1,374,143 | | | |
iShares MSCI EAFE Value
|
| | | | 71,661,557 | | |
| | | 6,189 | | | |
Vanguard FTSE All World ex-US Small-Capital
|
| | | | 700,471 | | |
| | | | | | |
Total United States
|
| | | | 115,502,905 | | |
| | | | | | |
TOTAL EXCHANGE TRADED FUNDS (ETFs)
(Cost – $109,684,493) |
| | |
|
115,502,905
|
| |
| PREFERRED STOCKS – 0.6% | | ||||||||||||
| Germany – 0.6% | | ||||||||||||
| | | 148,692 | | | |
Dr Ing hc F Porsche AG(a)
|
| | | | 13,883,666 | | |
| United States – 0.0% | | ||||||||||||
| | | 31 | | | |
Canva Inc., Series A, Private Placement*(b)(d)@
|
| | | | 33,019 | | |
| | | 1 | | | |
Canva Inc., Series A-3, Private Placement*(b)(d)@
|
| | | | 1,066 | | |
| | | | | | |
Total United States
|
| | | | 34,085 | | |
| | | | | | |
TOTAL PREFERRED STOCKS
(Cost – $14,243,236) |
| | |
|
13,917,751
|
| |
| WARRANTS – 0.0% | | ||||||||||||
| Canada – 0.0% | | ||||||||||||
| | | 2,323 | | | |
Constellation Software Inc.*(d)
|
| | | | — | | |
| United States – 0.0% | | ||||||||||||
| | | 915 | | | |
Codere Online Luxembourg SA*(d)
|
| | | | 421 | | |
| | | | | | |
TOTAL WARRANTS
(Cost – $0) |
| | |
|
421
|
| |
| RIGHT – 0.0% | | ||||||||||||
| South Korea – 0.0% | | ||||||||||||
| | | 1,223 | | | |
LG Display Co., Ltd.(b)(d)
(Cost – $0) |
| | | | 1,200 | | |
| | | | | | |
TOTAL INVESTMENTS BEFORE SHORT-TERM INVESTMENTS
(Cost – $1,996,534,733) |
| | |
|
2,398,285,618
|
| |
|
Face Amount†
|
| |
Security
|
| |
Value
|
| ||||||
| SHORT-TERM INVESTMENTS – 1.5% | | ||||||||||||
| TIME DEPOSITS – 1.4% | | ||||||||||||
| | | | | | | ANZ National Bank – London: | | | | | | | |
| | | 11,562NZD | | | |
3.250% due 3/1/24
|
| | | $ | 7,039 | | |
| | $ | 3,247,148 | | | |
4.680% due 3/1/24
|
| | | | 3,247,148 | | |
| | | | | | | BNP Paribas SA – Paris: | | | | | | | |
| | | 10,856CHF | | | |
0.520% due 3/1/24
|
| | | | 12,276 | | |
| | | 253,786ZAR | | | |
6.430% due 3/1/24
|
| | | | 13,232 | | |
| | | 252,794AUD | | | |
BNP Paribas, Paris, 3.100% due 3/1/24
|
| | | | 164,304 | | |
| | | | | | | Brown Brothers Harriman – Grand Cayman: | | | | | | | |
| | | 147,650DKK | | | |
2.500% due 3/1/24
|
| | | | 21,410 | | |
| | | 274,246SEK | | | |
2.700% due 3/1/24
|
| | | | 26,456 | | |
| | | 2HKD | | | |
3.000% due 3/1/24
|
| | | | — | | |
| | | 3,166,013NOK | | | |
3.320% due 3/1/24
|
| | | | 298,142 | | |
| | | 223,451CAD | | | |
3.830% due 3/1/24
|
| | | | 164,648 | | |
| | | 1ZAR | | | |
6.430% due 3/1/24
|
| | | | — | | |
| | | 178,632EUR | | | |
Citibank – London, 2.820% due 3/1/24
|
| | | | 193,066 | | |
| | | 9,781,078 | | | |
Citibank – New York, 4.680% due 3/1/24
|
| | | | 9,781,078 | | |
| | | 1,416,166HKD | | | |
Hong Kong & Shanghai Bank – Hong Kong, 3.000% due 3/1/24
|
| | | | 180,877 | | |
| | | 41,884SGD | | | |
Hong Kong & Shanghai Bank – Singapore, 2.560% due 3/1/24
|
| | | | 31,128 | | |
| | | 8,983,539 | | | |
JPMorgan Chase & Co. – New York, 4.680% due 3/1/24
|
| | | | 8,983,539 | | |
| | | 332,691GBP | | | |
Royal Bank of Canada – London, 4.150% due 3/1/24
|
| | | | 419,989 | | |
| | | 43,062EUR | | | |
Skandinaviska Enskilda Banken AB – Stockholm, 2.820% due 3/1/24
|
| | | | 46,542 | | |
| | | | | | | Sumitomo Mitsui Banking Corp. – Tokyo: | | | | | | | |
| | | 13,759,816JPY | | | |
(0.420)% due 3/1/24
|
| | | | 91,784 | | |
| | | 11,756,584 | | | |
4.680% due 3/1/24
|
| | | | 11,756,584 | | |
| | | | | | |
TOTAL TIME DEPOSITS
(Cost – $35,439,242) |
| | |
|
35,439,242
|
| |
| U.S. GOVERNMENT AGENCY – 0.1% | | ||||||||||||
| | | 2,009,000 | | | |
Federal Home Loan Bank Discount Notes, 5.151% due 3/1/24(e)
(Cost – $2,009,000) |
| | | | 2,009,000 | | |
| | | | | | |
TOTAL SHORT-TERM INVESTMENTS
(Cost – $37,448,242) |
| | |
|
37,448,242
|
| |
|
Shares/Units
|
| | | | | | | | | | |||
| INVESTMENTS PURCHASED WITH CASH PROCEEDS FROM SECURITIES LENDING – 0.9% | | ||||||||||||
| MONEY MARKET FUND – 0.9% | | ||||||||||||
| | | 23,104,558 | | | |
Federated Government Obligations Fund, Premier Class, 5.162%(f)
(Cost – $23,104,558) |
| | | | 23,104,558 | | |
| | | | | | |
TOTAL INVESTMENTS – 99.9%
(Cost – $2,057,087,533) |
| | | | 2,458,838,418 | | |
| | | | | | |
Other Assets in Excess of Liabilities – 0.1%
|
| | | | 3,366,739 | | |
| | | | | | |
TOTAL NET ASSETS – 100.0%
|
| | | $ | 2,462,205,157 | | |
Security
|
| |
First
Acquisition Date |
| |
First
Acquisition Cost |
| |
Market
Value |
| |
Percent of
Net Assets |
| ||||||||||||
Canva Inc., Private Placement
|
| | | | 8/16/2021 | | | | | $ | 397,070 | | | | | $ | 609,249 | | | | | | 0.03% | | |
Canva Inc., Series A, Private Placement
|
| | | | 11/4/2021 | | | | | | 52,848 | | | | | | 33,019 | | | | | | 0.00%* | | |
Canva Inc., Series A-3, Private Placement
|
| | | | 11/4/2021 | | | | | | 1,705 | | | | | | 1,066 | | | | | | 0.00%* | | |
Novatek PJSC, GDR
|
| | | | 3/19/2020 | | | | | | 251,081 | | | | | | 112 | | | | | | 0.00%* | | |
Sberbank of Russia PJSC
|
| | | | 4/6/2017 | | | | | | 557,253 | | | | | | 619 | | | | | | 0.00%* | | |
YuLife Holdings Ltd., Class C Shares
|
| | | | 10/11/2022 | | | | | | 243,652 | | | | | | 277,580 | | | | | | 0.01% | | |
| | | | | | | | | | | | | | | | $ | 921,645 | | | | | | 0.04% | | |
|
Consumer Non-cyclical
|
| | | | 17.9% | | |
|
Financial
|
| | | | 17.7 | | |
|
Industrial
|
| | | | 17.6 | | |
|
Consumer Cyclical
|
| | | | 10.9 | | |
|
Technology
|
| | | | 10.6 | | |
|
Basic Materials
|
| | | | 6.0 | | |
|
Communications
|
| | | | 5.3 | | |
|
Energy
|
| | | | 4.3 | | |
|
Utilities
|
| | | | 2.6 | | |
|
Diversified
|
| | | | 0.0* | | |
|
Exchange Traded Funds (ETFs)
|
| | | | 4.7 | | |
|
Short-Term Investments
|
| | | | 1.5 | | |
|
Money Market Fund
|
| | | | 0.9 | | |
| | | | | | 100.0% | | |
Open Futures Contracts
|
| |
Number of
Contracts |
| |
Expiration
Date (Month/Year) |
| |
Notional
Amounts |
| |
Market
Value |
| |
Unrealized
Appreciation |
| |||||||||||||||
Contracts to Buy: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
MSCI EAFE Index March Futures
|
| | | | 11 | | | | | | 3/24 | | | | | $ | 1,219,310 | | | | | $ | 1,258,345 | | | | | $ | 39,035 | | |
|
Number of
Contracts |
| |
Notional Amount
|
| |
Security Name
|
| |
Counterparty
|
| |
Expiration
Date |
| |
Exercise
Rate |
| |
Value
|
| |||||||||||||||
|
20
|
| | | | 387,400EUR | | | |
OTC Safran SA, Call
|
| | | | JPM | | | | | | 3/15/24 | | | | | $ | 180.00 | | | | | $ | (30,997) | | |
|
2
|
| | | $ | 319,060 | | | |
MercadoLibre Inc., Call
|
| | | | MSC | | | | | | 3/15/24 | | | | | | 1,900.00 | | | | | | (246) | | |
|
9
|
| | | | 202,230EUR | | | |
OTC Capgemini, Call
|
| | | | JPM | | | | | | 3/15/24 | | | | | | 210.00 | | | | | | (15,019) | | |
| | | | | | | | | |
TOTAL OPTIONS CONTRACTS WRITTEN
(Premiums received – $18,262)
|
| | | | | | | | | | | | | | | | | | | | | $ | (46,262) | | |
Currency
|
| |
Notional
Amount |
| |
Maturity
Date |
| |
Counterparty
|
| |
Payment
Frequency |
| |
Pay
|
| |
Receive
|
| |
Unrealized
Appreciation/ (Depreciation) |
| |||
USD
|
| | | $ | 5,609,498 | | | |
11/10/2025
|
| |
MSCS
|
| |
3-Month
|
| |
1-Month FED + 0.40%
|
| |
Investcorp Capital Plc
|
| |
$(853,484)
|
|
USD
|
| | | | 255,454 | | | |
3/2/2026
|
| |
MSCS
|
| |
3-Month
|
| |
1-Month FED + 0.30%
|
| |
Piraeus Financial Holdings S.A.
|
| |
(29)
|
|
USD
|
| | | | 2,549,763 | | | |
1/22/2026
|
| |
MSCS
|
| |
3-Month
|
| |
1-Month FED + 0.85%
|
| |
ASML Holding N.V.
|
| |
593,121
|
|
| | | | | | | | | | | | | | | | | | | | | | | |
$(260,392)
|
|
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| CORPORATE BOND & NOTE – 0.2% | | ||||||||||||
| Utilities – 0.2% | | ||||||||||||
| | $ | 1,300,000 | | | |
Alliant Energy Corp., Senior Unsecured Notes, 3.875% due 3/15/26(a)
|
| | | $ | 1,260,350 | | |
| | | | | | |
TOTAL CORPORATE BOND & NOTE
(Cost – $1,300,000) |
| | |
|
1,260,350
|
| |
|
Shares/Units
|
| | | | | | | | | | |||
| COMMON STOCKS – 80.6% | | ||||||||||||
| BASIC MATERIALS – 3.9% | | ||||||||||||
| Chemicals – 2.6% | | ||||||||||||
| | | 29,509 | | | |
DSM-Firmenich AG
|
| | | | 3,160,284 | | |
| | | 36,147 | | | |
DuPont de Nemours Inc.
|
| | | | 2,501,011 | | |
| | | 73,025 | | | |
LyondellBasell Industries NV, Class A Shares
|
| | | | 7,322,947 | | |
| | | 47,451 | | | |
Nutrien Ltd.
|
| | | | 2,476,829 | | |
| | | | | | |
Total Chemicals
|
| | | | 15,461,071 | | |
| Mining – 1.3% | | ||||||||||||
| | | 59,075 | | | |
Agnico Eagle Mines Ltd.
|
| | | | 2,839,145 | | |
| | | 125,036 | | | |
BHP Group Ltd.
|
| | | | 3,591,254 | | |
| | | 22,950 | | | |
Rio Tinto PLC, ADR
|
| | | | 1,480,964 | | |
| | | | | | |
Total Mining
|
| | | | 7,911,363 | | |
| | | | | | |
TOTAL BASIC MATERIALS
|
| | | | 23,372,434 | | |
| COMMUNICATIONS – 5.8% | | ||||||||||||
| Advertising – 0.5% | | ||||||||||||
| | | 30,390 | | | |
Publicis Groupe SA
|
| | | | 3,213,397 | | |
| Telecommunications – 5.3% | | ||||||||||||
| | | 507,919 | | | |
AT&T Inc.
|
| | | | 8,599,069 | | |
| | | 97,600 | | | |
BCE Inc.
|
| | | | 3,621,660 | | |
| | | 69,804 | | | |
Cisco Systems Inc.
|
| | | | 3,376,419 | | |
| | | 65,100 | | | |
Corning Inc.
|
| | | | 2,098,824 | | |
| | | 1,628,800 | | | |
Singapore Telecommunications Ltd.
|
| | | | 2,849,009 | | |
| | | 241,875 | | | |
Telenor ASA
|
| | | | 2,646,893 | | |
| | | 160,175 | | | |
TELUS Corp.(b)
|
| | | | 2,793,452 | | |
| | | 151,400 | | | |
Verizon Communications Inc.
|
| | | | 6,059,028 | | |
| | | | | | |
Total Telecommunications
|
| | | | 32,044,354 | | |
| | | | | | |
TOTAL COMMUNICATIONS
|
| | | | 35,257,751 | | |
| CONSUMER CYCLICAL – 5.1% | | ||||||||||||
| Apparel – 0.4% | | ||||||||||||
| | | 5,045 | | | |
Kering SA
|
| | | | 2,325,134 | | |
| Auto Manufacturers – 0.5% | | ||||||||||||
| | | 77,566 | | | |
General Motors Co.
|
| | | | 3,178,655 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| CONSUMER CYCLICAL – (continued) | | ||||||||||||
| Distribution/Wholesale – 0.9% | | ||||||||||||
| | | 82,550 | | | |
Mitsui & Co., Ltd.
|
| | | $ | 3,617,295 | | |
| | | 4,865 | | | |
Watsco Inc.
|
| | | | 1,917,394 | | |
| | | | | | |
Total Distribution/Wholesale
|
| | | | 5,534,689 | | |
| Lodging – 0.7% | | ||||||||||||
| | | 75,439 | | | |
Las Vegas Sands Corp.
|
| | | | 4,112,934 | | |
| Retail – 2.6% | | ||||||||||||
| | | 47,250 | | | |
Best Buy Co., Inc.
|
| | | | 3,821,580 | | |
| | | 16,085 | | | |
Darden Restaurants Inc.
|
| | | | 2,745,870 | | |
| | | 7,075 | | | |
Home Depot Inc.(c)
|
| | | | 2,692,816 | | |
| | | 6,190 | | | |
McDonald’s Corp.(c)
|
| | | | 1,809,213 | | |
| | | 75,386 | | | |
Walmart Inc.
|
| | | | 4,418,373 | | |
| | | | | | |
Total Retail
|
| | | | 15,487,852 | | |
| | | | | | |
TOTAL CONSUMER CYCLICAL
|
| | | | 30,639,264 | | |
| CONSUMER NON-CYCLICAL – 17.7% | | ||||||||||||
| Agriculture – 1.8% | | ||||||||||||
| | | 97,570 | | | |
British American Tobacco PLC
|
| | | | 2,895,495 | | |
| | | 88,996 | | | |
Philip Morris International Inc.
|
| | | | 8,006,080 | | |
| | | | | | |
Total Agriculture
|
| | | | 10,901,575 | | |
| Beverages – 2.3% | | ||||||||||||
| | | 103,481 | | | |
Coca-Cola Co.
|
| | | | 6,210,930 | | |
| | | 43,107 | | | |
Heineken NV
|
| | | | 3,983,709 | | |
| | | 63,175 | | | |
Keurig Dr Pepper Inc.
|
| | | | 1,889,564 | | |
| | | 10,625 | | | |
PepsiCo Inc.
|
| | | | 1,756,738 | | |
| | | | | | |
Total Beverages
|
| | | | 13,840,941 | | |
| Biotechnology – 1.9% | | ||||||||||||
| | | 15,440 | | | |
Amgen Inc.
|
| | | | 4,227,935 | | |
| | | 100,303 | | | |
Gilead Sciences Inc.
|
| | | | 7,231,846 | | |
| | | | | | |
Total Biotechnology
|
| | | | 11,459,781 | | |
| Cosmetics/Personal Care – 1.9% | | ||||||||||||
| | | 451,574 | | | |
Haleon PLC
|
| | | | 1,895,154 | | |
| | | 58,910 | | | |
Kao Corp.
|
| | | | 2,240,632 | | |
| | | 156,011 | | | |
Kenvue Inc.
|
| | | | 2,964,209 | | |
| | | 14,417 | | | |
Procter & Gamble Co.
|
| | | | 2,291,438 | | |
| | | 39,440 | | | |
Unilever PLC
|
| | | | 1,928,927 | | |
| | | | | | |
Total Cosmetics/Personal Care
|
| | | | 11,320,360 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| CONSUMER NON-CYCLICAL – (continued) | | ||||||||||||
| Food – 0.6% | | ||||||||||||
| | | 132,635 | | | |
Conagra Brands Inc.
|
| | | $ | 3,724,391 | | |
| Healthcare-Products – 0.2% | | ||||||||||||
| | | 18,025 | | | |
Medtronic PLC
|
| | | | 1,502,564 | | |
| Healthcare-Services – 1.0% | | ||||||||||||
| | | 5,717 | | | |
Elevance Health Inc.
|
| | | | 2,865,646 | | |
| | | 8,959 | | | |
Humana Inc.
|
| | | | 3,138,517 | | |
| | | | | | |
Total Healthcare-Services
|
| | | | 6,004,163 | | |
| Household Products/Wares – 0.8% | | ||||||||||||
| | | 40,790 | | | |
Kimberly-Clark Corp.
|
| | | | 4,942,524 | | |
| Pharmaceuticals – 7.2% | | ||||||||||||
| | | 40,821 | | | |
AbbVie Inc.
|
| | | | 7,186,537 | | |
| | | 26,460 | | | |
AstraZeneca PLC
|
| | | | 3,350,391 | | |
| | | 48,850 | | | |
AstraZeneca PLC, ADR
|
| | | | 3,134,216 | | |
| | | 28,500 | | | |
Bristol-Myers Squibb Co.
|
| | | | 1,446,375 | | |
| | | 29,025 | | | |
CVS Health Corp.
|
| | | | 2,158,589 | | |
| | | 19,739 | | | |
Johnson & Johnson(c)
|
| | | | 3,185,480 | | |
| | | 34,600 | | | |
Merck & Co., Inc.
|
| | | | 4,399,390 | | |
| | | 161,465 | | | |
Pfizer Inc.
|
| | | | 4,288,511 | | |
| | | 55,566 | | | |
Roche Holding AG, ADR
|
| | | | 1,818,675 | | |
| | | 95,831 | | | |
Sanofi SA
|
| | | | 9,104,897 | | |
| | | 31,769 | | | |
UCB SA
|
| | | | 3,652,729 | | |
| | | | | | |
Total Pharmaceuticals
|
| | | | 43,725,790 | | |
| | | | | | |
TOTAL CONSUMER NON-CYCLICAL
|
| | | | 107,422,089 | | |
| ENERGY – 7.0% | | ||||||||||||
| Oil & Gas – 4.5% | | ||||||||||||
| | | 36,550 | | | |
Chesapeake Energy Corp.
|
| | | | 3,025,609 | | |
| | | 44,452 | | | |
Chevron Corp.
|
| | | | 6,757,149 | | |
| | | 29,100 | | | | ConocoPhillips(c) | | | | | 3,274,914 | | |
| | | 10,150 | | | |
EOG Resources Inc.
|
| | | | 1,161,769 | | |
| | | 8,325 | | | |
Exxon Mobil Corp.
|
| | | | 870,129 | | |
| | | 9,000 | | | |
Pioneer Natural Resources Co.
|
| | | | 2,116,710 | | |
| | | 135,460 | | | |
Shell PLC
|
| | | | 4,203,896 | | |
| | | 93,005 | | | |
TotalEnergies SE
|
| | | | 5,950,862 | | |
| | | | | | |
Total Oil & Gas
|
| | | | 27,361,038 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| ENERGY – (continued) | | ||||||||||||
| Pipelines – 2.5% | | ||||||||||||
| | | 163,450 | | | |
Enbridge Inc.
|
| | | $ | 5,618,349 | | |
| | | 121,429 | | | |
Enterprise Products Partners LP
|
| | | | 3,333,226 | | |
| | | 115,601 | | | |
TC Energy Corp.
|
| | | | 4,572,421 | | |
| | | 40,600 | | | |
Williams Cos., Inc.
|
| | | | 1,459,164 | | |
| | | | | | |
Total Pipelines
|
| | | | 14,983,160 | | |
| | | | | | |
TOTAL ENERGY
|
| | | | 42,344,198 | | |
| FINANCIAL – 17.1% | | ||||||||||||
| Banks – 10.3% | | ||||||||||||
| | | 79,500 | | | |
Canadian Imperial Bank of Commerce
|
| | | | 3,761,920 | | |
| | | 66,922 | | | |
Fifth Third Bancorp
|
| | | | 2,298,101 | | |
| | | 7,525 | | | |
Goldman Sachs Group Inc.
|
| | | | 2,927,601 | | |
| | | 375,015 | | | |
Huntington Bancshares Inc.
|
| | | | 4,890,196 | | |
| | | 38,401 | | | |
JPMorgan Chase & Co.(c)
|
| | | | 7,144,890 | | |
| | | 46,575 | | | |
Morgan Stanley
|
| | | | 4,007,313 | | |
| | | 437,957 | | | |
Nordea Bank Abp
|
| | | | 5,322,700 | | |
| | | 306,356 | | | |
Oversea-Chinese Banking Corp., Ltd.
|
| | | | 2,967,556 | | |
| | | 43,425 | | | |
PNC Financial Services Group Inc.
|
| | | | 6,392,160 | | |
| | | 284,880 | | | |
Sumitomo Mitsui Trust Holdings Inc.
|
| | | | 5,777,263 | | |
| | | 70,200 | | | |
Truist Financial Corp.
|
| | | | 2,455,596 | | |
| | | 134,448 | | | |
US Bancorp
|
| | | | 5,641,438 | | |
| | | 152,823 | | | |
Wells Fargo & Co.
|
| | | | 8,495,431 | | |
| | | | | | |
Total Banks
|
| | | | 62,082,165 | | |
| Diversified Financial Services – 1.3% | | ||||||||||||
| | | 14,945 | | | |
CME Group Inc., Class A Shares(c)
|
| | | | 3,293,131 | | |
| | | 23,294 | | | |
Deutsche Boerse AG
|
| | | | 4,874,191 | | |
| | | | | | |
Total Diversified Financial Services
|
| | | | 8,167,322 | | |
| Equity Real Estate Investment Trusts (REITs) – 2.3% | | ||||||||||||
| | | 145,950 | | | |
Brixmor Property Group Inc.
|
| | | | 3,299,929 | | |
| | | 31,570 | | | |
Lamar Advertising Co., Class A Shares
|
| | | | 3,490,063 | | |
| | | 40,262 | | | |
NNN REIT Inc.
|
| | | | 1,638,261 | | |
| | | 12,622 | | | |
Prologis Inc.
|
| | | | 1,682,134 | | |
| | | 26,175 | | | |
Terreno Realty Corp.
|
| | | | 1,683,053 | | |
| | | 71,258 | | | |
VICI Properties Inc., Class A Shares
|
| | | | 2,132,752 | | |
| | | | | | |
Total Equity Real Estate Investment Trusts (REITs)
|
| | | | 13,926,192 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| FINANCIAL – (continued) | | ||||||||||||
| Insurance – 3.2% | | ||||||||||||
| | | 14,152 | | | |
Allianz SE, Class Registered Shares
|
| | | $ | 3,883,022 | | |
| | | 43,200 | | | |
American International Group Inc.
|
| | | | 3,148,848 | | |
| | | 10,679 | | | |
Everest Group Ltd.
|
| | | | 3,939,270 | | |
| | | 67,532 | | | |
NN Group NV
|
| | | | 3,008,955 | | |
| | | 15,375 | | | |
Progressive Corp.
|
| | | | 2,914,485 | | |
| | | 5,042 | | | |
Zurich Insurance Group AG
|
| | | | 2,681,204 | | |
| | | | | | |
Total Insurance
|
| | | | 19,575,784 | | |
| | | | | | |
TOTAL FINANCIAL
|
| | | | 103,751,463 | | |
| INDUSTRIAL – 9.1% | | ||||||||||||
| Aerospace/Defense – 1.6% | | ||||||||||||
| | | 16,206 | | | |
Airbus SE
|
| | | | 2,679,940 | | |
| | | 13,107 | | | |
General Dynamics Corp.
|
| | | | 3,581,488 | | |
| | | 7,655 | | | |
Lockheed Martin Corp.
|
| | | | 3,278,177 | | |
| | | | | | |
Total Aerospace/Defense
|
| | | | 9,539,605 | | |
| Building Materials – 1.2% | | ||||||||||||
| | | 41,100 | | | |
CRH PLC
|
| | | | 3,465,141 | | |
| | | 22,625 | | | |
Heidelberg Materials AG
|
| | | | 2,194,112 | | |
| | | 79,700 | | | |
MDU Resources Group Inc.
|
| | | | 1,727,896 | | |
| | | | | | |
Total Building Materials
|
| | | | 7,387,149 | | |
| Electrical Components & Equipment – 1.7% | | ||||||||||||
| | | 22,468 | | | |
Eaton Corp. PLC(c)
|
| | | | 6,493,252 | | |
| | | 35,132 | | | |
Emerson Electric Co.
|
| | | | 3,753,854 | | |
| | | | | | |
Total Electrical Components & Equipment
|
| | | | 10,247,106 | | |
| Engineering & Construction – 0.6% | | ||||||||||||
| | | 98,093 | | | |
Ferrovial SE
|
| | | | 3,673,280 | | |
| Hand/Machine Tools – 0.5% | | ||||||||||||
| | | 32,475 | | | |
Stanley Black & Decker Inc.
|
| | | | 2,899,693 | | |
| Machinery-Construction & Mining – 0.6% | | ||||||||||||
| | | 212,800 | | | |
Mitsubishi Electric Corp.
|
| | | | 3,365,975 | | |
| Machinery-Diversified – 0.2% | | ||||||||||||
| | | 10,610 | | | |
AGCO Corp.
|
| | | | 1,163,917 | | |
| Miscellaneous Manufacturers – 0.5% | | ||||||||||||
| | | 15,714 | | | |
Siemens AG, Class Registered Shares
|
| | | | 3,107,916 | | |
| Packaging & Containers – 0.4% | | ||||||||||||
| | | 295,700 | | | |
Amcor PLC
|
| | | | 2,679,042 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| INDUSTRIAL – (continued) | | ||||||||||||
| Transportation – 1.8% | | ||||||||||||
| | | 88,498 | | | |
Deutsche Post AG
|
| | | $ | 4,105,169 | | |
| | | 9,450 | | | |
Union Pacific Corp.
|
| | | | 2,397,370 | | |
| | | 29,175 | | | |
United Parcel Service Inc., Class B Shares
|
| | | | 4,325,486 | | |
| | | | | | |
Total Transportation
|
| | | | 10,828,025 | | |
| | | | | | |
TOTAL INDUSTRIAL
|
| | | | 54,891,708 | | |
| TECHNOLOGY – 5.5% | | ||||||||||||
| Computers – 0.3% | | ||||||||||||
| | | 10,782 | | | |
International Business Machines Corp.
|
| | | | 1,994,993 | | |
| Semiconductors – 3.5% | | ||||||||||||
| | | 7,825 | | | |
Analog Devices Inc.
|
| | | | 1,500,991 | | |
| | | 4,182 | | | |
Broadcom Inc.
|
| | | | 5,438,649 | | |
| | | 64,222 | | | |
Intel Corp.
|
| | | | 2,764,757 | | |
| | | 77,000 | | | |
MediaTek Inc.
|
| | | | 2,766,409 | | |
| | | 15,325 | | | |
QUALCOMM Inc.
|
| | | | 2,418,132 | | |
| | | 58,463 | | | |
Samsung Electronics Co., Ltd.
|
| | | | 2,789,999 | | |
| | | 19,275 | | | |
Texas Instruments Inc.
|
| | | | 3,225,286 | | |
| | | | | | |
Total Semiconductors
|
| | | | 20,904,223 | | |
| Software – 1.7% | | ||||||||||||
| | | 5,125 | | | |
Microsoft Corp.
|
| | | | 2,119,905 | | |
| | | 37,025 | | | |
Oracle Corp.
|
| | | | 4,134,952 | | |
| | | 34,425 | | | |
Paychex Inc.
|
| | | | 4,221,194 | | |
| | | | | | |
Total Software
|
| | | | 10,476,051 | | |
| | | | | | |
TOTAL TECHNOLOGY
|
| | | | 33,375,267 | | |
| UTILITIES – 9.4% | | ||||||||||||
| Electric – 9.4% | | ||||||||||||
| | | 25,750 | | | |
Ameren Corp.
|
| | | | 1,833,142 | | |
| | | 63,920 | | | |
American Electric Power Co., Inc.
|
| | | | 5,445,345 | | |
| | | 96,575 | | | |
CenterPoint Energy Inc.
|
| | | | 2,655,813 | | |
| | | 166,595 | | | |
Dominion Energy Inc.
|
| | | | 7,968,239 | | |
| | | 72,270 | | | |
Duke Energy Corp.
|
| | | | 6,636,554 | | |
| | | 368,214 | | | |
Enel SpA
|
| | | | 2,343,555 | | |
| | | 145,737 | | | |
Engie SA
|
| | | | 2,337,300 | | |
| | | 39,300 | | | |
Entergy Corp.
|
| | | | 3,991,701 | | |
| | | 60,875 | | | |
Evergy Inc.
|
| | | | 3,015,748 | | |
| | | 465,215 | | | |
National Grid PLC
|
| | | | 6,095,026 | | |
| | | 36,975 | | | |
NextEra Energy Inc.
|
| | | | 2,040,650 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| UTILITIES – (continued) | | ||||||||||||
| Electric – (continued) | | ||||||||||||
| | | 118,725 | | | |
PPL Corp.
|
| | | $ | 3,130,778 | | |
| | | 38,700 | | | |
Public Service Enterprise Group Inc.
|
| | | | 2,414,880 | | |
| | | 23,125 | | | |
Sempra
|
| | | | 1,632,625 | | |
| | | 77,260 | | | |
Southern Co.
|
| | | | 5,195,735 | | |
| | | | | | |
Total Electric
|
| | | | 56,737,091 | | |
| | | | | | |
TOTAL UTILITIES
|
| | | | 56,737,091 | | |
| | | | | | |
TOTAL COMMON STOCKS
(Cost – $428,153,216) |
| | |
|
487,791,265
|
| |
| EXCHANGE TRADED FUNDS (ETFs) – 13.0% | | ||||||||||||
| | | 1,126,026 | | | |
iShares Core Dividend Growth
|
| | | | 63,260,141 | | |
| | | 268,163 | | | |
JPMorgan Equity Premium Income
|
| | | | 15,277,246 | | |
| | | | | | |
TOTAL EXCHANGE TRADED FUNDS (ETFs)
(Cost – $74,771,695) |
| | |
|
78,537,387
|
| |
| | | | | | |
TOTAL INVESTMENTS BEFORE SHORT-TERM INVESTMENTS
(Cost – $504,224,911) |
| | |
|
567,589,002
|
| |
|
Face Amount†
|
| | | | | | | | | | |||
| SHORT-TERM INVESTMENTS – 2.1% | | ||||||||||||
| TIME DEPOSITS – 2.1% | | ||||||||||||
| | | 172NOK | | | |
Brown Brothers Harriman – Grand Cayman, 3.320% due 3/1/24
|
| | | | 16 | | |
| | | 737EUR | | | |
Citibank – London, 2.820% due 3/1/24
|
| | | | 796 | | |
| | $ | 8,665,702 | | | |
Citibank – New York, 4.680% due 3/1/24
|
| | | | 8,665,702 | | |
| | | 58SGD | | | |
Hong Kong & Shanghai Bank – Singapore, 2.560% due 3/1/24
|
| | | | 43 | | |
| | | 2,835,505 | | | |
JPMorgan Chase & Co. – New York, 4.680% due 3/1/24
|
| | | | 2,835,505 | | |
| | | 23GBP | | | |
Royal Bank of Canada – London, 4.150% due 3/1/24
|
| | | | 29 | | |
| | | 2,642 | | | |
Skandinaviska Enskilda Banken AB – Stockholm, 4.680% due 3/1/24
|
| | | | 2,642 | | |
| | | 883,155 | | | |
Sumitomo Mitsui Banking Corp. – Tokyo, 4.680% due 3/1/24
|
| | | | 883,155 | | |
| | | | | | |
TOTAL TIME DEPOSITS
(Cost – $12,387,888) |
| | |
|
12,387,888
|
| |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| INVESTMENTS PURCHASED WITH CASH PROCEEDS FROM SECURITIES LENDING – 0.3% | | ||||||||||||
| MONEY MARKET FUND – 0.3% | | ||||||||||||
| | $ | 1,974,600 | | | |
Federated Government Obligations Fund, Premier Class, 5.162%(d)
(Cost – $1,974,600) |
| | | $ | 1,974,600 | | |
| | | | | | |
TOTAL INVESTMENTS – 96.2%
(Cost – $518,587,399) |
| | | | 581,951,490 | | |
| | | | | | |
Other Assets in Excess of Liabilities – 3.8%
|
| | | | 23,208,086 | | |
| | | | | | | TOTAL NET ASSETS – 100.0% | | | | $ | 605,159,576 | | |
|
Consumer Non-cyclical
|
| | | | 18.5% | | |
|
Financial
|
| | | | 17.8 | | |
|
Utilities
|
| | | | 10.0 | | |
|
Industrial
|
| | | | 9.4 | | |
|
Energy
|
| | | | 7.3 | | |
|
Communications
|
| | | | 6.1 | | |
|
Technology
|
| | | | 5.7 | | |
|
Consumer Cyclical
|
| | | | 5.3 | | |
|
Basic Materials
|
| | | | 4.0 | | |
|
Exchange Traded Funds (ETFs)
|
| | | | 13.5 | | |
|
Short-Term Investments
|
| | | | 2.1 | | |
|
Money Market Fund
|
| | | | 0.3 | | |
| | | | | | 100.0% | | |
|
Number of
Contracts |
| |
Notional
Amount |
| |
Security Name
|
| |
Counterparty
|
| |
Expiration
Date |
| |
Exercise
Rate |
| |
Value
|
| |||||||||||||||
|
20
|
| | | $ | 468,080 | | | |
Air Products & Chemicals Inc., Put
|
| | | | BNP | | | | | | 3/15/24 | | | | | $ | 200.00 | | | | | $ | (260) | | |
|
25
|
| | | | 588,875 | | | |
Becton Dickinson & Co., Put
|
| | | | BNP | | | | | | 3/15/24 | | | | | | 210.00 | | | | | | (750) | | |
|
25
|
| | | | 588,875 | | | |
Becton Dickinson & Co., Put
|
| | | | BNP | | | | | | 3/15/24 | | | | | | 215.00 | | | | | | (625) | | |
|
40
|
| | | | 511,280 | | | |
Blackstone Inc., Put
|
| | | | BNP | | | | | | 3/15/24 | | | | | | 90.00 | | | | | | (120) | | |
|
40
|
| | | | 511,280 | | | |
Blackstone Inc., Put
|
| | | | BNP | | | | | | 3/15/24 | | | | | | 95.00 | | | | | | (240) | | |
|
100
|
| | | | 428,500 | | | |
Comcast Corp., Put
|
| | | | BNP | | | | | | 3/15/24 | | | | | | 37.50 | | | | | | (200) | | |
|
100
|
| | | | 428,500 | | | |
Comcast Corp., Put
|
| | | | BNP | | | | | | 4/19/24 | | | | | | 35.00 | | | | | | (1,000) | | |
|
20
|
| | | | 428,500 | | | |
Darden Restaurants Inc, Call
|
| | | | BNP | | | | | | 3/15/24 | | | | | | 180.00 | | | | | | (600) | | |
|
10
|
| | | | 290,640 | | | |
Eaton Corp., Call
|
| | | | BNP | | | | | | 3/15/24 | | | | | | 290.00 | | | | | | (4,300) | | |
|
10
|
| | | | 290,640 | | | |
Eaton Corp., Call
|
| | | | BNP | | | | | | 4/19/24 | | | | | | 310.00 | | | | | | (2,520) | | |
|
150
|
| | | | 567,150 | | | |
Freeport-McMoRan Inc., Put
|
| | | | BNP | | | | | | 3/15/24 | | | | | | 33.00 | | | | | | (750) | | |
|
150
|
| | | | 567,150 | | | |
Freeport-McMoRan Inc., Put
|
| | | | BNP | | | | | | 3/15/24 | | | | | | 34.00 | | | | | | (1,500) | | |
|
100
|
| | | | 430,500 | | | |
Intel Corp., Put
|
| | | | BNP | | | | | | 3/15/24 | | | | | | 37.00 | | | | | | (300) | | |
|
100
|
| | | | 430,500 | | | |
Intel Corp., Put
|
| | | | BNP | | | | | | 3/15/24 | | | | | | 38.00 | | | | | | (400) | | |
|
40
|
| | | | 740,120 | | | |
International Business Machines Corp., Put
|
| | | | BNP | | | | | | 3/15/24 | | | | | | 170.00 | | | | | | (440) | | |
|
30
|
| | | | 876,840 | | | |
McDonald’s Corp., Put
|
| | | | BNP | | | | | | 4/19/24 | | | | | | 260.00 | | | | | | (1,110) | | |
|
25
|
| | | | 317,875 | | | |
Merck & Co., Inc., Call
|
| | | | BNP | | | | | | 3/15/24 | | | | | | 135.00 | | | | | | (250) | | |
|
1
|
| | | | 12,715 | | | |
Merck & Co., Inc., Call
|
| | | | BNP | | | | | | 3/15/24 | | | | | | 140.00 | | | | | | (7) | | |
|
30
|
| | | | 381,450 | | | |
Merck & Co., Inc., Call
|
| | | | BNP | | | | | | 4/19/24 | | | | | | 140.00 | | | | | | (750) | | |
|
5
|
| | | | 206,820 | | | |
Microsoft Corp., Call
|
| | | | BNP | | | | | | 3/15/24 | | | | | | 450.00 | | | | | | (85) | | |
|
25
|
| | | | 394,475 | | | |
QUALCOMM Inc., Put
|
| | | | BNP | | | | | | 3/15/24 | | | | | | 125.00 | | | | | | (100) | | |
|
25
|
| | | | 394,475 | | | |
QUALCOMM Inc., Put
|
| | | | BNP | | | | | | 4/19/24 | | | | | | 120.00 | | | | | | (300) | | |
|
30
|
| | | | 501,990 | | | |
Texas Instruments Inc., Put
|
| | | | BNP | | | | | | 3/15/24 | | | | | | 135.00 | | | | | | (60) | | |
|
30
|
| | | | 501,990 | | | |
Texas Instruments Inc., Put
|
| | | | BNP | | | | | | 3/15/24 | | | | | | 140.00 | | | | | | (120) | | |
| | | | | | | | | | TOTAL OPTIONS CONTRACTS WRITTEN | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | |
(Premiums received – $26,101)
|
| | | | | | | | | | | | | | | | | | | | | $ | (16,787) | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| MORTGAGE-BACKED SECURITIES – 25.2% | | ||||||||||||
| FHLMC – 6.6% | | ||||||||||||
| | | | | | | Federal Home Loan Mortgage Corp. (FHLMC)., Gold: | | ||||||
| | $ | 499,161 | | | |
2.000% due 5/1/36
|
| | | $ | 443,684 | | |
| | | 185,837 | | | |
2.000% due 6/1/36
|
| | | | 165,180 | | |
| | | 89,341 | | | |
2.000% due 12/1/40
|
| | | | 75,065 | | |
| | | 565,511 | | | |
2.000% due 5/1/41
|
| | | | 473,554 | | |
| | | 670,846 | | | |
2.000% due 12/1/41
|
| | | | 559,456 | | |
| | | 280,234 | | | |
2.000% due 9/1/50
|
| | | | 223,572 | | |
| | | 491,542 | | | |
2.000% due 10/1/50
|
| | | | 389,397 | | |
| | | 7,321,245 | | | |
2.000% due 3/1/51
|
| | | | 5,767,978 | | |
| | | 1,211,583 | | | |
2.000% due 4/1/51
|
| | | | 957,650 | | |
| | | 480,931 | | | |
2.000% due 5/1/51
|
| | | | 385,366 | | |
| | | 187,753 | | | |
2.000% due 8/1/51
|
| | | | 148,498 | | |
| | | 188,924 | | | |
2.000% due 11/1/51
|
| | | | 150,328 | | |
| | | 740,619 | | | |
2.000% due 4/1/52
|
| | | | 590,358 | | |
| | | 282,398 | | | |
2.500% due 5/1/50
|
| | | | 235,944 | | |
| | | 332,803 | | | |
2.500% due 6/1/50
|
| | | | 276,846 | | |
| | | 1,857,956 | | | |
2.500% due 7/1/50
|
| | | | 1,542,867 | | |
| | | 492,513 | | | |
2.500% due 9/1/50
|
| | | | 410,006 | | |
| | | 72,863 | | | |
2.500% due 10/1/50
|
| | | | 61,142 | | |
| | | 578,142 | | | |
2.500% due 11/1/50
|
| | | | 478,475 | | |
| | | 176,575 | | | |
2.500% due 2/1/51
|
| | | | 148,101 | | |
| | | 442,561 | | | |
2.500% due 3/1/51
|
| | | | 366,568 | | |
| | | 208,020 | | | |
2.500% due 5/1/51
|
| | | | 171,918 | | |
| | | 290,350 | | | |
2.500% due 7/1/51
|
| | | | 240,856 | | |
| | | 174,777 | | | |
2.500% due 8/1/51
|
| | | | 144,512 | | |
| | | 322,310 | | | |
2.500% due 10/1/51
|
| | | | 266,406 | | |
| | | 5,962,592 | | | |
2.500% due 12/1/51
|
| | | | 4,911,213 | | |
| | | 7,569,895 | | | |
2.500% due 1/1/52
|
| | | | 6,265,737 | | |
| | | 1,136,155 | | | |
2.500% due 4/1/52
|
| | | | 937,019 | | |
| | | 635,161 | | | |
3.000% due 2/1/33
|
| | | | 595,253 | | |
| | | 357,478 | | | |
3.000% due 5/1/33
|
| | | | 334,752 | | |
| | | 275,151 | | | |
3.000% due 3/1/35
|
| | | | 255,256 | | |
| | | 491,952 | | | |
3.000% due 5/1/35
|
| | | | 457,165 | | |
| | | 4,042,703 | | | |
3.000% due 3/1/42
|
| | | | 3,620,195 | | |
| | | 115,855 | | | |
3.000% due 1/1/47
|
| | | | 101,304 | | |
| | | 232,399 | | | |
3.000% due 2/1/47
|
| | | | 203,197 | | |
| | | 5,043,396 | | | |
3.000% due 4/1/50
|
| | | | 4,246,416 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| MORTGAGE-BACKED SECURITIES – (continued) | | ||||||||||||
| FHLMC – (continued) | | ||||||||||||
| | $ | 212,141 | | | |
3.000% due 7/1/50
|
| | | $ | 183,363 | | |
| | | 760,137 | | | |
3.000% due 8/1/51
|
| | | | 656,866 | | |
| | | 498,426 | | | |
3.000% due 9/1/51
|
| | | | 431,005 | | |
| | | 603,475 | | | |
3.000% due 10/1/51
|
| | | | 521,848 | | |
| | | 7,531,529 | | | |
3.000% due 1/1/52
|
| | | | 6,537,706 | | |
| | | 8,094,443 | | | |
3.000% due 5/1/52
|
| | | | 7,017,575 | | |
| | | 6,833,210 | | | |
3.000% due 6/1/52
|
| | | | 5,862,579 | | |
| | | 3,706,110 | | | |
3.030% due 1/1/50
|
| | | | 2,914,905 | | |
| | | 773,749 | | | |
3.500% due 8/1/43
|
| | | | 705,926 | | |
| | | 12,600,992 | | | |
3.500% due 12/1/46
|
| | | | 11,434,555 | | |
| | | 350,436 | | | |
3.500% due 1/1/48
|
| | | | 318,316 | | |
| | | 367,610 | | | |
3.500% due 4/1/50
|
| | | | 333,479 | | |
| | | 634,934 | | | |
4.000% due 10/1/44
|
| | | | 597,739 | | |
| | | 42,268 | | | |
4.000% due 4/1/47
|
| | | | 39,792 | | |
| | | 812,818 | | | |
4.000% due 12/1/47
|
| | | | 762,890 | | |
| | | 5,858,845 | | | |
4.000% due 3/1/49
|
| | | | 5,482,318 | | |
| | | 704,847 | | | |
4.000% due 4/1/49
|
| | | | 658,016 | | |
| | | 153,625 | | | |
4.000% due 5/1/49
|
| | | | 144,630 | | |
| | | 509,091 | | | |
4.000% due 7/1/49
|
| | | | 478,594 | | |
| | | 9,706,627 | | | |
4.000% due 8/1/51
|
| | | | 9,063,206 | | |
| | | 13,156,339 | | | |
4.350% due 10/1/32
|
| | | | 12,530,603 | | |
| | | 7,700,000 | | | |
4.380% due 5/1/28
|
| | | | 7,521,906 | | |
| | | 293,431 | | | |
4.500% due 5/1/48
|
| | | | 281,849 | | |
| | | 5,497,536 | | | |
4.500% due 7/1/52
|
| | | | 5,206,148 | | |
| | | 183,711 | | | |
5.000% due 8/1/52
|
| | | | 178,337 | | |
| | | 6,342,755 | | | |
5.000% due 9/1/52
|
| | | | 6,157,700 | | |
| | | 867,743 | | | |
5.000% due 10/1/52
|
| | | | 842,064 | | |
| | | 838,607 | | | |
5.000% due 1/1/53
|
| | | | 813,967 | | |
| | | 345,638 | | | |
5.000% due 4/1/53
|
| | | | 337,181 | | |
| | | 642,617 | | | |
5.500% due 2/1/53
|
| | | | 638,263 | | |
| | | 7,003,030 | | | |
5.500% due 5/1/53
|
| | | | 6,930,287 | | |
| | | 439,843 | | | |
6.000% due 12/1/52
|
| | | | 445,776 | | |
| | | 187,229 | | | |
6.000% due 3/1/53
|
| | | | 190,598 | | |
| | | 478,552 | | | |
6.500% due 11/1/53
|
| | | | 489,470 | | |
| | | | | | |
TOTAL FHLMC
|
| | | | 133,310,691 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| MORTGAGE-BACKED SECURITIES – (continued) | | ||||||||||||
| FNMA – 16.2% | | ||||||||||||
| | | | | | | Federal National Mortgage Association (FNMA): | | ||||||
| | $ | 1,053,193 | | | |
1.500% due 9/1/51
|
| | | $ | 787,199 | | |
| | | 247,036 | | | |
1.500% due 10/1/51
|
| | | | 184,516 | | |
| | | 145,962 | | | |
1.500% due 11/1/51
|
| | | | 109,021 | | |
| | | 856,736 | | | |
1.500% due 4/1/52
|
| | | | 639,915 | | |
| | | 539,702 | | | |
2.000% due 5/1/36
|
| | | | 479,715 | | |
| | | 696,423 | | | |
2.000% due 6/1/36
|
| | | | 619,024 | | |
| | | 531,015 | | | |
2.000% due 8/1/36
|
| | | | 471,988 | | |
| | | 342,396 | | | |
2.000% due 9/1/36
|
| | | | 304,333 | | |
| | | 287,394 | | | |
2.000% due 12/1/36
|
| | | | 255,441 | | |
| | | 347,935 | | | |
2.000% due 9/1/40
|
| | | | 293,013 | | |
| | | 838,362 | | | |
2.000% due 12/1/40
|
| | | | 703,803 | | |
| | | 384,285 | | | |
2.000% due 4/1/41
|
| | | | 322,109 | | |
| | | 118,336 | | | |
2.000% due 5/1/41
|
| | | | 99,188 | | |
| | | 487,116 | | | |
2.000% due 10/1/41
|
| | | | 406,681 | | |
| | | 11,248,689 | | | |
2.000% due 8/1/50
|
| | | | 8,968,586 | | |
| | | 1,267,661 | | | |
2.000% due 9/1/50
|
| | | | 1,011,899 | | |
| | | 822,911 | | | |
2.000% due 12/1/50
|
| | | | 652,650 | | |
| | | 3,790,639 | | | |
2.000% due 2/1/51
|
| | | | 3,018,984 | | |
| | | 5,869,798 | | | |
2.000% due 3/1/51
|
| | | | 4,640,183 | | |
| | | 2,940,258 | | | |
2.000% due 4/1/51
|
| | | | 2,321,934 | | |
| | | 14,130,808 | | | |
2.000% due 5/1/51
|
| | | | 11,192,146 | | |
| | | 143,457 | | | |
2.000% due 7/1/51
|
| | | | 113,455 | | |
| | | 9,290,000 | | | |
2.000% due 3/1/54(a)
|
| | | | 7,298,816 | | |
| | | 225,065 | | | |
2.250% due 4/1/33
|
| | | | 184,362 | | |
| | | 82,833 | | | |
2.500% due 6/1/30
|
| | | | 78,148 | | |
| | | 1,010,000 | | | |
2.500% due 3/1/39(a)
|
| | | | 915,604 | | |
| | | 5,846,372 | | | |
2.500% due 2/1/47
|
| | | | 4,959,578 | | |
| | | 311,330 | | | |
2.500% due 4/1/50
|
| | | | 258,294 | | |
| | | 302,749 | | | |
2.500% due 6/1/50
|
| | | | 251,176 | | |
| | | 312,010 | | | |
2.500% due 7/1/50
|
| | | | 261,281 | | |
| | | 516,679 | | | |
2.500% due 9/1/50
|
| | | | 428,236 | | |
| | | 5,887,887 | | | |
2.500% due 10/1/50
|
| | | | 4,938,949 | | |
| | | 9,821,197 | | | |
2.500% due 11/1/50
|
| | | | 8,137,939 | | |
| | | 297,008 | | | |
2.500% due 1/1/51
|
| | | | 247,670 | | |
| | | 1,077,821 | | | |
2.500% due 2/1/51
|
| | | | 891,159 | | |
| | | 5,148,494 | | | |
2.500% due 5/1/51
|
| | | | 4,272,694 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| MORTGAGE-BACKED SECURITIES – (continued) | | ||||||||||||
| FNMA – (continued) | | ||||||||||||
| | $ | 1,272,949 | | | |
2.500% due 6/1/51
|
| | | $ | 1,051,349 | | |
| | | 430,311 | | | |
2.500% due 7/1/51
|
| | | | 356,197 | | |
| | | 10,678,891 | | | |
2.500% due 8/1/51
|
| | | | 8,815,404 | | |
| | | 276,598 | | | |
2.500% due 9/1/51
|
| | | | 228,823 | | |
| | | 8,379,705 | | | |
2.500% due 10/1/51
|
| | | | 6,918,833 | | |
| | | 9,920,538 | | | |
2.500% due 11/1/51
|
| | | | 8,215,817 | | |
| | | 6,553,508 | | | |
2.500% due 12/1/51
|
| | | | 5,406,029 | | |
| | | 492,144 | | | |
2.500% due 1/1/52
|
| | | | 409,946 | | |
| | | 7,270,725 | | | |
2.500% due 2/1/52
|
| | | | 5,982,593 | | |
| | | 713,924 | | | |
2.500% due 3/1/52
|
| | | | 590,301 | | |
| | | 397,089 | | | |
2.500% due 4/1/52
|
| | | | 328,326 | | |
| | | 3,454,000 | | | |
2.500% due 3/1/54(a)
|
| | | | 2,837,495 | | |
| | | 645,609 | | | |
2.500% due 1/1/57
|
| | | | 530,662 | | |
| | | 4,443,000 | | | |
2.760% due 9/1/31
|
| | | | 3,900,375 | | |
| | | 314,053 | | | |
3.000% due 2/1/30
|
| | | | 299,935 | | |
| | | 193,622 | | | |
3.000% due 10/1/30
|
| | | | 184,302 | | |
| | | 448,809 | | | |
3.000% due 1/1/31
|
| | | | 427,163 | | |
| | | 971,655 | | | |
3.000% due 11/1/36
|
| | | | 892,190 | | |
| | | 3,437,133 | | | |
3.000% due 3/1/43
|
| | | | 3,052,455 | | |
| | | 6,304,411 | | | |
3.000% due 6/1/43
|
| | | | 5,598,944 | | |
| | | 113,102 | | | |
3.000% due 11/1/48
|
| | | | 98,554 | | |
| | | 4,018,847 | | | |
3.000% due 11/1/49
|
| | | | 3,483,514 | | |
| | | 53,365 | | | |
3.000% due 12/1/49
|
| | | | 46,257 | | |
| | | 213,449 | | | |
3.000% due 2/1/50
|
| | | | 186,101 | | |
| | | 885,445 | | | |
3.000% due 8/1/50
|
| | | | 766,854 | | |
| | | 371,843 | | | |
3.000% due 10/1/50
|
| | | | 321,346 | | |
| | | 2,378,013 | | | |
3.000% due 11/1/50
|
| | | | 2,079,761 | | |
| | | 506,183 | | | |
3.000% due 12/1/50
|
| | | | 437,443 | | |
| | | 427,651 | | | |
3.000% due 5/1/51
|
| | | | 373,368 | | |
| | | 94,819 | | | |
3.000% due 6/1/51
|
| | | | 81,502 | | |
| | | 791,263 | | | |
3.000% due 7/1/51
|
| | | | 682,407 | | |
| | | 1,013,970 | | | |
3.000% due 8/1/51
|
| | | | 873,755 | | |
| | | 846,737 | | | |
3.000% due 9/1/51
|
| | | | 729,934 | | |
| | | 1,259,188 | | | |
3.000% due 10/1/51
|
| | | | 1,085,176 | | |
| | | 1,186,159 | | | |
3.000% due 11/1/51
|
| | | | 1,020,921 | | |
| | | 620,090 | | | |
3.000% due 12/1/51
|
| | | | 534,913 | | |
| | | 295,443 | | | |
3.000% due 1/1/52
|
| | | | 254,287 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| MORTGAGE-BACKED SECURITIES – (continued) | | ||||||||||||
| FNMA – (continued) | | ||||||||||||
| | $ | 6,699,166 | | | |
3.000% due 2/1/52
|
| | | $ | 5,740,059 | | |
| | | 330,931 | | | |
3.000% due 4/1/52
|
| | | | 285,616 | | |
| | | 450,113 | | | |
3.000% due 5/1/52
|
| | | | 388,486 | | |
| | | 4,047,770 | | | |
3.000% due 4/1/53
|
| | | | 3,514,285 | | |
| | | 205,694 | | | |
3.500% due 7/1/32
|
| | | | 197,890 | | |
| | | 639,836 | | | |
3.500% due 3/1/33
|
| | | | 613,220 | | |
| | | 384,311 | | | |
3.500% due 7/1/37
|
| | | | 360,215 | | |
| | | 619,320 | | | |
3.500% due 3/1/46
|
| | | | 561,218 | | |
| | | 656,610 | | | |
3.500% due 5/1/47
|
| | | | 597,608 | | |
| | | 789,305 | | | |
3.500% due 11/1/47
|
| | | | 715,249 | | |
| | | 448,338 | | | |
3.500% due 7/1/50
|
| | | | 404,863 | | |
| | | 165,430 | | | |
3.500% due 9/1/50
|
| | | | 150,108 | | |
| | | 622,164 | | | |
3.500% due 1/1/51
|
| | | | 560,242 | | |
| | | 1,366,300 | | | |
3.500% due 2/1/51
|
| | | | 1,234,778 | | |
| | | 7,134,362 | | | |
3.500% due 7/1/51
|
| | | | 6,429,949 | | |
| | | 681,918 | | | |
3.500% due 4/1/52
|
| | | | 614,128 | | |
| | | 1,003,000 | | | |
3.500% due 3/1/54(a)
|
| | | | 892,230 | | |
| | | 475,000 | | | |
3.520% due 11/1/32
|
| | | | 432,184 | | |
| | | 7,889,962 | | | |
3.720% due 6/1/32
|
| | | | 7,228,817 | | |
| | | 279,221 | | | |
4.000% due 8/1/38
|
| | | | 270,190 | | |
| | | 436,347 | | | |
4.000% due 11/1/38
|
| | | | 418,832 | | |
| | | 87,280 | | | |
4.000% due 3/1/46
|
| | | | 82,167 | | |
| | | 564,326 | | | |
4.000% due 3/1/47
|
| | | | 530,866 | | |
| | | 54,011 | | | |
4.000% due 12/1/47
|
| | | | 50,825 | | |
| | | 77,658 | | | |
4.000% due 2/1/48
|
| | | | 72,852 | | |
| | | 855,746 | | | |
4.000% due 6/1/48
|
| | | | 804,648 | | |
| | | 1,087,991 | | | |
4.000% due 10/1/48
|
| | | | 1,022,016 | | |
| | | 112,573 | | | |
4.000% due 1/1/49
|
| | | | 105,979 | | |
| | | 924,185 | | | |
4.000% due 4/1/49
|
| | | | 861,840 | | |
| | | 146,314 | | | |
4.000% due 5/1/49
|
| | | | 137,684 | | |
| | | 39,108 | | | |
4.000% due 8/1/49
|
| | | | 36,819 | | |
| | | 636,882 | | | |
4.000% due 4/1/50
|
| | | | 594,837 | | |
| | | 397,090 | | | |
4.000% due 8/1/51
|
| | | | 370,358 | | |
| | | 452,082 | | | |
4.000% due 6/1/52
|
| | | | 417,537 | | |
| | | 4,110,846 | | | |
4.000% due 7/1/52
|
| | | | 3,781,265 | | |
| | | 387,764 | | | |
4.030% due 6/1/28
|
| | | | 375,638 | | |
| | | 475,000 | | | |
4.190% due 4/1/28
|
| | | | 463,831 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| MORTGAGE-BACKED SECURITIES – (continued) | | ||||||||||||
| FNMA – (continued) | | ||||||||||||
| | $ | 200,000 | | | |
4.210% due 3/1/33
|
| | | $ | 191,298 | | |
| | | 166,737 | | | |
4.370% due 5/1/28
|
| | | | 164,497 | | |
| | | 290,000 | | | |
4.410% due 4/1/30
|
| | | | 283,039 | | |
| | | 452,369 | | | |
4.460% due 5/1/28
|
| | | | 445,822 | | |
| | | 353,146 | | | |
4.500% due 12/1/37
|
| | | | 348,381 | | |
| | | 229,000 | | | |
4.500% due 3/1/39(a)
|
| | | | 224,009 | | |
| | | 216,410 | | | |
4.500% due 5/1/48
|
| | | | 208,573 | | |
| | | 223,132 | | | |
4.500% due 6/1/48
|
| | | | 214,564 | | |
| | | 3,700,825 | | | |
4.500% due 10/1/50
|
| | | | 3,566,190 | | |
| | | 3,870,796 | | | |
4.500% due 7/1/52
|
| | | | 3,665,103 | | |
| | | 852,077 | | | |
4.500% due 3/1/53
|
| | | | 806,797 | | |
| | | 16,418,000 | | | |
4.500% due 3/1/54(a)
|
| | | | 15,540,089 | | |
| | | 212,770 | | | |
4.510% due 5/1/33
|
| | | | 207,862 | | |
| | | 203,554 | | | |
4.640% due 10/1/33
|
| | | | 200,453 | | |
| | | 120,000 | | | |
4.750% due 4/1/28
|
| | | | 119,387 | | |
| | | 628,955 | | | |
5.000% due 7/1/52
|
| | | | 610,572 | | |
| | | 21,742,246 | | | |
5.000% due 9/1/52
|
| | | | 21,106,231 | | |
| | | 1,485,371 | | | |
5.000% due 10/1/52
|
| | | | 1,441,861 | | |
| | | 140,467 | | | |
5.000% due 11/1/52
|
| | | | 136,405 | | |
| | | 2,352,325 | | | |
5.000% due 12/1/52
|
| | | | 2,283,125 | | |
| | | 87,159 | | | |
5.000% due 3/1/53
|
| | | | 84,557 | | |
| | | 8,739,481 | | | |
5.000% due 4/1/53
|
| | | | 8,477,283 | | |
| | | 585,000 | | | |
5.065% due 12/1/28
|
| | | | 591,484 | | |
| | | 433,726 | | | |
5.500% due 10/1/52
|
| | | | 429,829 | | |
| | | 822,357 | | | |
5.500% due 11/1/52
|
| | | | 816,001 | | |
| | | 1,401,085 | | | |
5.500% due 12/1/52
|
| | | | 1,390,362 | | |
| | | 6,209,895 | | | |
5.500% due 1/1/53
|
| | | | 6,154,414 | | |
| | | 6,029,370 | | | |
5.500% due 2/1/53
|
| | | | 5,968,750 | | |
| | | 761,455 | | | |
5.500% due 6/1/53
|
| | | | 754,429 | | |
| | | 19,636,000 | | | |
5.500% due 3/1/54(a)
|
| | | | 19,423,397 | | |
| | | 468,684 | | | |
6.000% due 5/1/53
|
| | | | 476,567 | | |
| | | 41,550,000 | | | |
6.000% due 3/1/54(a)
|
| | | | 41,723,296 | | |
| | | 1,092,608 | | | |
6.204% due 5/1/44(b)
|
| | | | 1,117,060 | | |
| | | 826,443 | | | |
6.500% due 11/1/53
|
| | | | 845,299 | | |
| | | 1,200,000 | | | |
6.500% due 3/1/54(a)
|
| | | | 1,220,982 | | |
| | | 1,674,115 | | | |
7.000% due 9/1/53
|
| | | | 1,719,684 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| MORTGAGE-BACKED SECURITIES – (continued) | | ||||||||||||
| FNMA – (continued) | | ||||||||||||
| | $ | 2,125,000 | | | |
7.000% due 3/1/54(a)
|
| | | $ | 2,181,262 | | |
| | | | | | |
TOTAL FNMA
|
| | | | 326,261,164 | | |
| GNMA – 2.4% | | ||||||||||||
| | | | | | | Government National Mortgage Association (GNMA): | | ||||||
| | | 8,380,000 | | | |
2.000% due 3/1/54(a)
|
| | | | 6,819,550 | | |
| | | 335,000 | | | |
2.500% due 3/1/54(a)
|
| | | | 283,502 | | |
| | | 2,887,000 | | | |
3.500% due 3/1/54(a)
|
| | | | 2,611,019 | | |
| | | 2,650,000 | | | |
5.000% due 3/1/54(a)
|
| | | | 2,588,265 | | |
| | | 4,425,000 | | | |
5.500% due 3/1/54(a)
|
| | | | 4,395,442 | | |
| | | | | | | Government National Mortgage Association (GNMA) II: | | ||||||
| | | 650,867 | | | |
2.000% due 10/20/50
|
| | | | 529,951 | | |
| | | 1,450,071 | | | |
2.000% due 12/20/50
|
| | | | 1,180,678 | | |
| | | 626,341 | | | |
2.500% due 11/20/49
|
| | | | 533,070 | | |
| | | 490,709 | | | |
2.500% due 3/20/51
|
| | | | 416,070 | | |
| | | 669,061 | | | |
2.500% due 9/20/51
|
| | | | 566,522 | | |
| | | 6,204,380 | | | |
2.500% due 10/20/51
|
| | | | 5,238,808 | | |
| | | 235,897 | | | |
3.000% due 4/20/31
|
| | | | 224,240 | | |
| | | 492,194 | | | |
3.000% due 6/20/50
|
| | | | 421,074 | | |
| | | 91,498 | | | |
3.000% due 12/20/50
|
| | | | 80,624 | | |
| | | 2,212,453 | | | |
3.000% due 4/20/51
|
| | | | 1,945,927 | | |
| | | 829,616 | | | |
3.000% due 8/20/51
|
| | | | 727,461 | | |
| | | 825,436 | | | |
3.000% due 9/20/51
|
| | | | 723,795 | | |
| | | 2,170,689 | | | |
3.000% due 12/20/51
|
| | | | 1,903,390 | | |
| | | 486,538 | | | |
3.000% due 12/20/52
|
| | | | 426,601 | | |
| | | 112,199 | | | |
3.500% due 8/20/42
|
| | | | 103,566 | | |
| | | 424,171 | | | |
3.500% due 10/20/43
|
| | | | 392,129 | | |
| | | 75,916 | | | |
3.500% due 12/20/43
|
| | | | 70,099 | | |
| | | 339,227 | | | |
3.500% due 3/20/44
|
| | | | 312,884 | | |
| | | 15,229 | | | |
3.500% due 7/20/44
|
| | | | 14,009 | | |
| | | 373,123 | | | |
3.500% due 6/20/46
|
| | | | 341,984 | | |
| | | 311,993 | | | |
3.500% due 2/20/49
|
| | | | 285,518 | | |
| | | 328,056 | | | |
3.500% due 6/20/50
|
| | | | 299,221 | | |
| | | 633,832 | | | |
3.500% due 9/20/50
|
| | | | 577,918 | | |
| | | 2,963,345 | | | |
3.500% due 10/20/51
|
| | | | 2,686,546 | | |
| | | 4,434,639 | | | |
3.500% due 2/20/52
|
| | | | 4,011,311 | | |
| | | 1,019,549 | | | |
3.500% due 1/20/53
|
| | | | 922,220 | | |
| | | 470,345 | | | |
4.000% due 10/20/44
|
| | | | 449,281 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| MORTGAGE-BACKED SECURITIES – (continued) | | ||||||||||||
| GNMA – (continued) | | ||||||||||||
| | $ | 313,614 | | | |
4.000% due 2/20/45
|
| | | $ | 299,470 | | |
| | | 213,946 | | | |
4.000% due 10/20/45
|
| | | | 202,975 | | |
| | | 267,167 | | | |
4.000% due 2/20/47
|
| | | | 251,723 | | |
| | | 557,208 | | | |
4.000% due 10/20/48
|
| | | | 522,860 | | |
| | | 457,760 | | | |
4.000% due 3/20/49
|
| | | | 430,610 | | |
| | | 1,271,755 | | | |
4.000% due 2/20/52
|
| | | | 1,185,264 | | |
| | | 612,449 | | | |
4.500% due 2/20/40
|
| | | | 600,519 | | |
| | | 207,590 | | | |
4.500% due 7/20/49
|
| | | | 200,550 | | |
| | | 212,820 | | | |
4.500% due 8/20/49
|
| | | | 204,827 | | |
| | | 299,178 | | | |
4.500% due 8/20/52
|
| | | | 285,990 | | |
| | | 278,605 | | | |
4.500% due 9/20/52
|
| | | | 266,266 | | |
| | | 1,240,451 | | | |
4.500% due 10/20/52
|
| | | | 1,185,452 | | |
| | | 275,446 | | | |
5.000% due 5/20/40
|
| | | | 276,063 | | |
| | | 218,401 | | | |
5.000% due 6/20/40
|
| | | | 218,891 | | |
| | | 85,609 | | | |
5.000% due 7/20/40
|
| | | | 85,801 | | |
| | | | | | |
TOTAL GNMA
|
| | | | 48,299,936 | | |
| | | | | | |
TOTAL MORTGAGE-BACKED SECURITIES
(Cost – $545,997,762) |
| | |
|
507,871,791
|
| |
| U.S. GOVERNMENT OBLIGATIONS – 20.9% | | ||||||||||||
| | | | | | | U.S. Treasury Bonds: | | ||||||
| | | 1,780,000 | | | |
1.250% due 11/30/26
|
| | | | 1,633,567 | | |
| | | 3,565,000 | | | |
2.000% due 11/15/41
|
| | | | 2,468,206 | | |
| | | 7,870,000 | | | |
3.250% due 5/15/42
|
| | | | 6,618,178 | | |
| | | 9,165,000 | | | |
3.375% due 8/15/42
|
| | | | 7,838,223 | | |
| | | 26,865,000 | | | |
3.875% due 2/15/43
|
| | | | 24,595,117 | | |
| | | 3,975,000 | | | |
3.625% due 8/15/43
|
| | | | 3,504,211 | | |
| | | 6,715,000 | | | |
3.625% due 2/15/44
|
| | | | 5,903,429 | | |
| | | 12,905,000 | | | |
3.375% due 5/15/44
|
| | | | 10,910,270 | | |
| | | 2,470,000 | | | |
2.500% due 2/15/45
|
| | | | 1,790,364 | | |
| | | 4,065,000 | | | |
2.250% due 8/15/46
|
| | | | 2,761,024 | | |
| | | 8,500,000 | | | |
3.000% due 2/15/48
|
| | | | 6,605,098 | | |
| | | 9,545,000 | | | |
3.125% due 5/15/48
|
| | | | 7,584,174 | | |
| | | 5,110,000 | | | |
3.375% due 11/15/48
|
| | | | 4,245,492 | | |
| | | 34,460,000 | | | |
2.375% due 5/15/51
|
| | | | 23,253,770 | | |
| | | 12,330,000 | | | |
1.875% due 11/15/51
|
| | | | 7,345,983 | | |
| | | 7,170,000 | | | |
3.000% due 8/15/52
|
| | | | 5,543,026 | | |
| | | 2,801,600 | | | |
4.000% due 11/15/52
|
| | | | 2,623,217 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| U.S. GOVERNMENT OBLIGATIONS – (continued) | | ||||||||||||
| | $ | 5,797,000 | | | |
3.625% due 5/15/53
|
| | | $ | 5,071,922 | | |
| | | 13,170,000 | | | |
4.125% due 8/15/53
|
| | | | 12,608,217 | | |
| | | 49,300,000 | | | |
4.750% due 11/15/53
|
| | | | 52,450,578 | | |
| | | 37,000,000 | | | |
4.250% due 2/15/54
|
| | | | 36,306,250 | | |
| | | | | | | U.S. Treasury Inflation Indexed Bonds: | | ||||||
|
4,736,686.4
|
| |
0.250% due 2/15/50
|
| | | | 2,978,377 | | | |||
|
239,116.64
|
| |
0.125% due 2/15/52
|
| | | | 140,532 | | | |||
| | | | | | | U.S. Treasury Inflation Indexed Notes: | | ||||||
|
989,331.75
|
| |
0.250% due 7/15/29
|
| | | | 909,979 | | | |||
| | | 2,733,774 | | | |
0.125% due 7/15/30
|
| | | | 2,453,242 | | |
| | | 1,348,350 | | | |
1.375% due 7/15/33
|
| | | | 1,290,714 | | |
| | | | | | | U.S. Treasury Notes: | | ||||||
| | | 3,650,000 | | | |
3.875% due 4/30/25
|
| | | | 3,605,658 | | |
| | | 7,580,000 | | | |
2.750% due 5/15/25
|
| | | | 7,388,131 | | |
| | | 12,500,000 | | | |
0.250% due 8/31/25(c)
|
| | | | 11,684,082 | | |
| | | 3,950,000 | | | |
4.875% due 11/30/25
|
| | | | 3,959,567 | | |
| | | 2,695,000 | | | |
4.000% due 12/15/25
|
| | | | 2,662,050 | | |
| | | 7,240,000 | | | |
4.250% due 12/31/25
|
| | | | 7,183,438 | | |
| | | 4,060,000 | | | |
4.000% due 2/15/26
|
| | | | 4,011,629 | | |
| | | 9,600,000 | | | |
4.625% due 3/15/26
|
| | | | 9,600,375 | | |
| | | 4,100,000 | | | |
4.500% due 7/15/26
|
| | | | 4,097,117 | | |
| | | 14,545,000 | | | |
4.625% due 10/15/26
|
| | | | 14,592,726 | | |
| | | 5,950,000 | | | |
4.375% due 12/15/26
|
| | | | 5,937,914 | | |
| | | 5,895,000 | | | |
2.750% due 4/30/27
|
| | | | 5,609,231 | | |
| | | 2,400,000 | | | |
3.625% due 5/31/28
|
| | | | 2,336,344 | | |
| | | 4,350,000 | | | |
4.000% due 6/30/28
|
| | | | 4,297,494 | | |
| | | 5,660,000 | | | |
4.125% due 7/31/28
|
| | | | 5,620,424 | | |
| | | 4,700,000 | | | |
4.375% due 11/30/28
|
| | | | 4,719,828 | | |
| | | 15,930,000 | | | |
3.625% due 3/31/30
|
| | | | 15,372,450 | | |
| | | 3,400,000 | | | |
3.750% due 6/30/30
|
| | | | 3,299,992 | | |
| | | 8,180,000 | | | |
0.625% due 8/15/30
|
| | | | 6,512,047 | | |
| | | 3,100,000 | | | |
4.375% due 11/30/30
|
| | | | 3,116,469 | | |
| | | 1,925,000 | | | |
1.625% due 5/15/31
|
| | | | 1,613,015 | | |
| | | 6,430,000 | | | |
2.750% due 8/15/32
|
| | | | 5,740,533 | | |
| | | 38,233,000 | | | |
3.500% due 2/15/33
|
| | | | 36,065,965 | | |
| | | 1,000,000 | | | |
3.875% due 8/15/33
|
| | | | 970,156 | | |
| | | 4,030,000 | | | |
4.500% due 11/15/33
|
| | | | 4,106,192 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| U.S. GOVERNMENT OBLIGATIONS – (continued) | | ||||||||||||
| | $ | 8,978,000 | | | |
3.625% due 2/15/53
|
| | | $ | 7,849,437 | | |
| | | | | | |
TOTAL U.S. GOVERNMENT OBLIGATIONS
(Cost – $454,710,150) |
| | |
|
421,385,424
|
| |
| COLLATERALIZED MORTGAGE OBLIGATIONS – 20.8% | | ||||||||||||
| | | 747,150 | | | |
510 Asset Backed Trust, Series 2021-NPL1, Class A1, step bond to yield, 2.240%
due 6/25/61(d)(e) |
| | | | 720,530 | | |
| | | 258,490 | | | |
Ajax Mortgage Loan Trust, Series 2021-C, Class A, step bond to yield, 2.115%
due 1/25/61(e) |
| | | | 250,358 | | |
| | | | | | | Alternative Loan Trust: | | ||||||
| | | 544,903 | | | |
Series 2005-28CB, Class 1A7, 5.500% due 8/25/35
|
| | | | 456,480 | | |
| | | 4,676,472 | | | |
Series 2005-7CB, Class 2A2, 0.000% (1-Month TSFR + 4.936%) due
3/1/38(b)(f) |
| | | | 146,976 | | |
| | | 4,676,472 | | | |
Series 2005-7CB, Class 2A5, 5.500% (1-Month TSFR + 0.564%) due
3/1/38(b) |
| | | | 3,418,300 | | |
| | | 3,811,745 | | | |
Series 2006-OA2, Class A1, 5.854% (1-Month TSFR + 0.534%) due
5/20/46(b) |
| | | | 3,163,227 | | |
| | | 2,079,685 | | | |
Series 2007-4CB, Class 1A1, 5.750% (1-Month TSFR + 0.714%) due
4/25/37(b) |
| | | | 1,572,275 | | |
| | | 6,441,911 | | | |
Series 2007-9T1, Class 2A2, 6.000% due 5/25/37
|
| | | | 2,894,183 | | |
| | | | | | | Angel Oak Mortgage Trust: | | ||||||
| | | 279,480 | | | |
Series 2020-R1, Class A1, 0.990% due 4/25/53(b)(e)
|
| | | | 254,054 | | |
| | | 360,464 | | | |
Series 2021-1, Class A1, 0.909% due 1/25/66(b)(e)
|
| | | | 302,739 | | |
| | | 323,635 | | | |
Series 2021-2, Class A1, 0.985% due 4/25/66(b)(e)
|
| | | | 267,263 | | |
| | | 600,353 | | | |
Series 2021-3, Class A1, 1.068% due 5/25/66(b)(e)
|
| | | | 502,566 | | |
| | | 506,074 | | | |
Series 2021-4, Class A1, 1.035% due 1/20/65(b)(e)
|
| | | | 406,717 | | |
| | | 764,544 | | | |
Series 2021-5, Class A1, 0.951% due 7/25/66(b)(e)
|
| | | | 638,832 | | |
| | | 1,160,602 | | | |
Series 2021-6, Class A1, 1.458% due 9/25/66(b)(e)
|
| | | | 944,234 | | |
| |
|
1,343,055
|
| | |
Series 2022-1, Class A1, step bond to yield, 2.881% due 12/25/66(e)
|
| | |
|
1,195,859
|
| |
| | | | | | | Arbor Multifamily Mortgage Securities Trust: | | ||||||
| | | 1,920,000 | | | |
Series 2021-MF2, Class C, 2.809% due 6/15/54(b)(e)
|
| | | | 1,504,541 | | |
| | | 2,600,000 | | | |
Series 2022-MF4, Class B, 3.293% due 2/15/55(b)(e)
|
| | | | 2,208,177 | | |
| | | 500,000 | | | |
BAMLL Commercial Mortgage Securities Trust, Series 2018-DSNY, Class C,
6.965% (1-Month TSFR + 1.647%) due 9/15/34(b)(e) |
| | | | 496,920 | | |
| | | | | | | BANK: | | ||||||
| | | 9,972,159 | | | |
Series 2017-BNK4, Class XA, 1.335% due 5/15/50(b)(f)
|
| | | | 316,793 | | |
| | | 15,377,986 | | | |
Series 2018-BN10, Class XA, 0.690% due 2/15/61(b)(f)
|
| | | | 343,421 | | |
| | | 8,740,000 | | | |
Series 2020-BN30, Class A4, 1.925% due 12/15/53
|
| | | | 6,966,049 | | |
| | | 6,441,241 | | | |
Series 2022-BNK39, Class XA, 0.423% due 2/15/55(b)(f)
|
| | | | 167,437 | | |
| | | 1,172,840 | | | |
Series 2023-5YR4, Class XA, 0.946% due 12/15/56(b)(f)
|
| | | | 45,711 | | |
| | | 1,688,190 | | | |
Series 2023-BNK45, Class XA, 0.995% due 2/15/56(b)(f)
|
| | | | 104,611 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| | ||||||||
| COLLATERALIZED MORTGAGE OBLIGATIONS – (continued) | | | ||||||||||||||
| | | | | | | BBCMS Mortgage Trust: | | | ||||||||
| | $ | 1,236,000 | | | |
Series 2018-TALL, Class F, 8.750% (1-Month TSFR + 3.432%) due
3/15/37(b)(e) |
| | | $ | 772,717 | | | | ||
| | | 1,800,000 | | | |
Series 2020-C6, Class A4, 2.639% due 2/15/53
|
| | | | 1,564,245 | | | | ||
| | | 1,463,218 | | | |
Series 2020-C7, Class XA, 1.614% due 4/15/53(b)(f)
|
| | | | 87,849 | | | | ||
| | | 305,000 | | | |
Series 2022-C15, Class A5, 3.662% due 4/15/55(b)
|
| | | | 273,742 | | | | ||
| | | 280,000 | | | |
Series 2022-C16, Class A5, 4.600% due 6/15/55(b)
|
| | | | 270,471 | | | | ||
| | | 365,000 | | | |
Series 2022-C18, Class A4, 5.439% due 12/15/55(b)
|
| | | | 374,999 | | | | ||
| | | 120,000 | | | |
Series 2022-C18, Class A5, 5.710% due 12/15/55(b)
|
| | | | 125,046 | | | | ||
| | | 470,000 | | | |
Series 2024-C24, Class A5, 5.419% due 2/15/57
|
| | | | 481,564 | | | | ||
| | | 2,505,000 | | | |
Series 2024-C24, Class XA, 1.626% due 2/15/57(b)(f)
|
| | | | 274,151 | | | | ||
| | | 1,964,726 | | | |
Bear Stearns ALT-A Trust, Series 2006-1, Class 21A2, 4.475% due 2/25/36(b)
|
| | | | 1,335,099 | | | | ||
| | | | | | | Benchmark Mortgage Trust: | | | ||||||||
| | | 1,835,000 | | | |
Series 2019-B15, Class A5, 2.928% due 12/15/72
|
| | | | 1,580,972 | | | | ||
| | | 2,359,433 | | | |
Series 2020-B22, Class XA, 1.511% due 1/15/54(b)(f)
|
| | | | 182,500 | | | | ||
| | | 4,415,000 | | | |
Series 2022-B35, Class A5, 4.444% due 5/15/55(b)
|
| | | | 4,089,214 | | | | ||
| | | 6,225,380 | | | |
Series 2023-B39, Class XA, 0.574% due 7/15/56(b)(f)
|
| | | | 246,847 | | | | ||
| | | 1,754,531 | | | |
Series 2023-B40, Class XA, 1.153% due 12/15/56(b)(f)
|
| | | | 115,069 | | | | ||
| | | 371,300 | | | |
BINOM Securitization Trust, Series 2021-INV1, Class A1, 2.034% due
6/25/56(b)(e) |
| | | | 318,355 | | | | ||
| | | | | | | BRAVO Residential Funding Trust: | | | | | ||||||
| |
|
962,621
|
| | |
Series 2021-C, Class A1, step bond to yield, 1.620% due 3/1/61(e)
|
| | |
|
905,751
|
| | | ||
| | | 208,023 | | | |
Series 2021-NQM1, Class A1, 0.941% due 2/25/49(b)(e)
|
| | | | 181,743 | | | | ||
| | | 168,591 | | | |
Series 2021-NQM2, Class A1, 0.970% due 3/25/60(b)(e)
|
| | | | 155,928 | | | | ||
| | | 1,072,767 | | | |
BX, Series 2021-MFM1, Class D, 6.932% (1-Month TSFR + 1.614%) due
1/15/34(b)(e) |
| | | | 1,058,686 | | | | ||
| | | | | | | BX Commercial Mortgage Trust: | | | | | | | | | ||
| | | 500,000 | | | |
Series 2021-CIP, Class A, 6.353% (1-Month TSFR + 1.035%) due
12/15/38(b)(e) |
| | | | 493,750 | | | | ||
| | | 2,900,000 | | | |
Series 2021-VOLT, Class C, 6.532% (1-Month TSFR + 1.214%) due
9/15/36(b)(e) |
| | | | 2,852,875 | | | | ||
| | | 536,000 | | | |
Series 2021-VOLT, Class E, 7.432% (1-Month TSFR + 2.114%) due
9/15/36(b)(e) |
| | | | 528,298 | | | | ||
| | | | | | | BX Trust: | | | ||||||||
| | | 1,529,000 | | | |
Series 2019-OC11, Class E, 3.944% due 12/9/41(b)(e)
|
| | | | 1,294,404 | | | | ||
| | | 1,400,000 | | | |
Series 2021-ARIA, Class A, 6.332% (1-Month TSFR + 1.014%) due
10/15/36(b)(e) |
| | | | 1,381,625 | | | | ||
| |
|
280,000
|
| | |
Series 2024-PAT, Class A, 7.340% (1-Month TSFR + 0.209%) due
3/15/26(b)(e)(g) |
| | |
|
279,293
|
| | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COLLATERALIZED MORTGAGE OBLIGATIONS – (continued) | | ||||||||||||
| | $ | 5,900,000 | | | |
CAMB Commercial Mortgage Trust, Series 2021-CX2, Class C, 2.771% due
11/10/46(b)(e) |
| | | $ | 4,583,053 | | |
| |
|
242,196
|
| | |
Cascade MH Asset Trust, Series 2021-MH1, Class A1, 1.753% due 2/25/46(e)
|
| | |
|
208,322
|
| |
| | | 15,745,313 | | | |
CD Mortgage Trust, Series 2017-CD4, Class XA, 1.222% due 5/10/50(b)(f)
|
| | | | 454,495 | | |
| | | 1,834,000 | | | |
CGDB Commercial Mortgage Trust, Series 2019-MOB, Class E, 7.432%
(1-Month TSFR + 2.114%) due 11/15/36(b)(e) |
| | | | 1,688,417 | | |
| | | 983,747 | | | |
CIM Trust, Series 2021-R6, Class A1, 1.425% due 7/25/61(b)(e)
|
| | | | 844,846 | | |
| | | | | | | Citigroup Commercial Mortgage Trust: | | ||||||
| | | 1,415,000 | | | |
Series 2015-GC31, Class A4, 3.762% due 6/10/48
|
| | | | 1,369,409 | | |
| | | 30,960,391 | | | |
Series 2015-GC35, Class XA, 0.708% due 11/10/48(b)(f)
|
| | | | 271,643 | | |
| | | 805,000 | | | |
Series 2016-P4, Class B, 3.377% due 7/10/49
|
| | | | 729,799 | | |
| | | 7,640,000 | | | |
Series 2019-GC43, Class A4, 3.038% due 11/10/52
|
| | | | 6,663,154 | | |
| | | 2,850,000 | | | |
Series 2023-SMRT, Class B, 5.852% due 10/12/40(b)(e)
|
| | | | 2,846,650 | | |
| | | | | | | COLT Mortgage Loan Trust: | | ||||||
| | | 535,397 | | | |
Series 2021-1, Class A1, 0.910% due 6/25/66(b)(e)
|
| | | | 433,534 | | |
| | | 524,702 | | | |
Series 2021-2, Class A1, 0.924% due 8/25/66(b)(e)
|
| | | | 413,354 | | |
| |
|
148,289
|
| | |
Series 2021-2R, Class A1, 0.798% due 7/27/54(e)
|
| | |
|
128,424
|
| |
| | | 945,022 | | | |
Series 2021-3, Class A1, 0.956% due 9/27/66(b)(e)
|
| | | | 749,110 | | |
| | | 1,262,177 | | | |
Series 2021-HX1, Class A1, 1.110% due 10/25/66(b)(e)
|
| | | | 1,039,361 | | |
| | | 1,309,188 | | | |
Series 2022-1, Class A1, 2.284% due 12/27/66(b)(e)
|
| | | | 1,128,518 | | |
| | | | | | | Commercial Mortgage Trust: | | ||||||
| | | 1,050,000 | | | |
Series 2015-CR23, Class A4, 3.497% due 5/10/48
|
| | | | 1,019,960 | | |
| |
|
3,035,000
|
| | |
Series 2020-CX, Class A, 2.173% due 11/10/46(e)
|
| | |
|
2,446,432
|
| |
| |
|
2,615,000
|
| | |
Series 2020-CX, Class B, 2.446% due 11/10/46(e)
|
| | |
|
2,090,845
|
| |
| | | 1,425,000 | | | |
Series 2020-CX, Class D, 2.683% due 11/10/46(b)(e)
|
| | | | 1,101,476 | | |
| | | 203,000 | | | |
Series 2022-HC, Class A, 2.819% due 1/10/39(e)
|
| | | | 180,211 | | |
| | | 300,000 | | | |
Series 2022-HC, Class C, 3.376% due 1/10/39(e)
|
| | | | 255,480 | | |
| | | | | | | Connecticut Avenue Securities Trust: | | ||||||
| | | 127,931 | | | |
Series 2022-R08, Class 1M1, 7.872% (SOFR30A + 2.550%) due
7/25/42(b)(e) |
| | | | 131,409 | | |
| | | 306,580 | | | |
Series 2023-R03, Class 2M1, 7.822% (SOFR30A + 2.500%) due
4/25/43(b)(e) |
| | | | 311,741 | | |
| | | 218,656 | | | |
Series 2023-R04, Class 1M1, 7.621% (SOFR30A + 2.300%) due
5/25/43(b)(e) |
| | | | 223,955 | | |
| | | 621,194 | | | |
Series 2023-R05, Class 1M1, 7.221% (SOFR30A + 1.900%) due
6/25/43(b)(e) |
| | | | 627,620 | | |
| | | | | | | Credit Suisse Commercial Mortgage Capital Trust: | | ||||||
| | | 1,167,686 | | | |
Series 2018-RPL9, Class A, 3.850% due 9/25/57(b)(e)
|
| | | | 1,101,538 | | |
| | | 396,640 | | | |
Series 2021-AFC1, Class A1, 0.830% due 3/25/56(b)(e)
|
| | | | 333,023 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COLLATERALIZED MORTGAGE OBLIGATIONS – (continued) | | ||||||||||||
| | $ | 469,217 | | | |
Series 2021-NQM5, Class A1, 0.938% due 5/25/66(b)(e)
|
| | | $ | 370,800 | | |
| | | 2,924,615 | | | |
Series 2021-RPL3, Class A1, 2.000% due 1/25/60(b)(e)
|
| | | | 2,499,908 | | |
| | | 339,768 | | | |
Series 2021-RPL4, Class A1, 1.796% due 12/27/60(b)(e)
|
| | | | 328,826 | | |
| | | | | | | Credit Suisse Mortgage Capital Certificates: | | ||||||
| | | 109,727 | | | |
Series 2019-ICE4, Class D, 6.965% (1-Month TSFR + 1.647%) due
5/15/36(b)(e) |
| | | | 109,677 | | |
| | | 5,494,331 | | | |
Series 2019-ICE4, Class E, 7.515% (1-Month TSFR + 2.197%) due
5/15/36(b)(e) |
| | | | 5,487,707 | | |
| | | 1,937,381 | | | |
CSAIL Commercial Mortgage Trust, Series 2015-C4, Class A3, 3.544% due
11/15/48 |
| | | | 1,884,475 | | |
| | | 1,347,167 | | | |
CSFB Mortgage-Backed Pass-Through Certificates, Series 2005-9, Class 5A6,
5.500% due 10/25/35 |
| | | | 707,220 | | |
| | | | | | | CSMC: | | ||||||
| | | 972,940 | | | |
Series 2010-8R, Class 5A11, 4.878% due 2/26/37(b)(e)
|
| | | | 908,745 | | |
| | | 531,774 | | | |
Series 2020-NET, Class A, 2.257% due 8/15/37(e)
|
| | | | 492,529 | | |
| | | 183,000 | | | |
Series 2021-B33, Class A1, 3.053% due 10/10/43(e)
|
| | | | 166,172 | | |
| | | 650,000 | | | |
Series 2021-B33, Class A2, 3.167% due 10/10/43(e)
|
| | | | 551,753 | | |
| | | 161,764 | | | |
Series 2021-NQM1, Class A1, 0.809% due 5/25/65(b)(e)
|
| | | | 136,129 | | |
| | | 689,177 | | | |
Series 2021-NQM2, Class A1, 1.179% due 2/25/66(b)(e)
|
| | | | 595,631 | | |
| | | 755,075 | | | |
Series 2021-NQM4, Class A1, 1.101% due 5/25/66(b)(e)
|
| | | | 615,155 | | |
| | | 1,274,199 | | | |
Series 2021-NQM6, Class A1, 1.174% due 7/25/66(b)(e)
|
| | | | 1,016,831 | | |
| | | 584,103 | | | |
Series 2021-NQM8, Class A1, 1.841% due 10/25/66(b)(e)
|
| | | | 497,881 | | |
| | | 1,436,194 | | | |
Series 2022-NQM1, Class A1, 2.265% due 11/25/66(b)(e)
|
| | | | 1,249,331 | | |
| | | 3,545,399 | | | |
DBGS Mortgage Trust, Series 2018-BIOD, Class E, 7.314% (1-Month TSFR +
1.996%) due 5/15/35(b)(e) |
| | | | 3,501,082 | | |
| | | | | | | DBJPM Mortgage Trust: | | ||||||
| | | 21,195,000 | | | |
Series 2017-C6, Class XB, 0.198% due 6/10/50(b)(f)
|
| | | | 207,910 | | |
| | | 2,218,319 | | | |
Series 2020-C9, Class XA, 1.704% due 9/15/53(b)(f)
|
| | | | 119,399 | | |
| | | | | | | Deephaven Residential Mortgage Trust: | | ||||||
| | | 103,149 | | | |
Series 2021-1, Class A1, 0.715% due 5/25/65(b)(e)
|
| | | | 94,848 | | |
| | | 209,142 | | | |
Series 2021-2, Class A1, 0.899% due 4/25/66(b)(e)
|
| | | | 179,845 | | |
| | | 4,071,240 | | | |
DSLA Mortgage Loan Trust, Series 2005-AR4, Class 1A, 5.954% (1-Month
TSFR + 0.634%) due 8/19/45(b) |
| | | | 2,836,136 | | |
| | | | | | | Ellington Financial Mortgage Trust: | | ||||||
| | | 81,286 | | | |
Series 2021-1, Class A1, 0.797% due 2/25/66(b)(e)
|
| | | | 67,775 | | |
| | | 220,681 | | | |
Series 2021-2, Class A1, 0.931% due 6/25/66(b)(e)
|
| | | | 176,709 | | |
| | | 850,739 | | | |
Series 2021-3, Class A1, 1.241% due 9/25/66(b)(e)
|
| | | | 674,377 | | |
| | | 657,543 | | | |
Series 2022-1, Class A1, 2.206% due 1/25/67(b)(e)
|
| | | | 556,274 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COLLATERALIZED MORTGAGE OBLIGATIONS – (continued) | | ||||||||||||
| | | | | | | Federal Home Loan Mortgage Corp. (FHLMC). REMICS: | | ||||||
| | $ | 579,904 | | | |
Series 3835, Class FO, 0.000% due 4/15/41(h)
|
| | | $ | 430,702 | | |
| | | 975,466 | | | |
Series 4116, Class AP, 1.350% due 8/15/42
|
| | | | 824,693 | | |
| | | 3,952,231 | | | |
Series 4223, Class SB, 0.0001% (SOFR30A + 5.293%) due 7/15/43(b)
|
| | | | 2,476,819 | | |
| | | 1,000,000 | | | |
Series 4265, Class GL, 3.000% due 4/15/42
|
| | | | 848,476 | | |
| | | 676,280 | | | |
Series 4447, Class IO, 5.000% due 3/15/45(f)
|
| | | | 136,205 | | |
| | | 9,356,485 | | | |
Series 4457, Class A, 2.500% due 4/15/45
|
| | | | 8,351,616 | | |
| | | 737,970 | | | |
Series 4504, Class DZ, 3.500% due 8/15/45
|
| | | | 680,219 | | |
| | | 133,809 | | | |
Series 4518, Class CZ, 3.500% due 10/15/45
|
| | | | 118,798 | | |
| | | 9,512,866 | | | |
Series 4655, Class CZ, 3.000% due 2/15/47
|
| | | | 8,002,643 | | |
| | | 22,459,547 | | | |
Series 4726, Class Z, 3.500% due 10/15/47
|
| | | | 19,909,737 | | |
| | | 161,375 | | | |
Series 4751, Class PL, 3.000% due 12/15/47
|
| | | | 121,466 | | |
| | | 4,099,272 | | | |
Series 4892, Class ES, 0.714% (SOFR30A + 6.036%) due 7/25/45(b)(f)
|
| | | | 456,074 | | |
| | | 8,258,035 | | | |
Series 4957, Class PB, 2.500% due 3/25/50
|
| | | | 6,852,777 | | |
| | | 344,249 | | | |
Series 5018, Class LW, 1.000% due 10/25/40
|
| | | | 271,060 | | |
| | | 697,971 | | | |
Series 5083, Class AI, 2.500% due 3/25/51(f)
|
| | | | 98,733 | | |
| | | 1,532,916 | | | |
Series 5092, Class WI, 2.500% due 4/25/36(f)
|
| | | | 149,461 | | |
| | | 841,228 | | | |
Series 5169, Class IO, 3.000% due 9/25/51(f)
|
| | | | 134,511 | | |
| | | 720,301 | | | |
Series 5178, Class IO, 4.000% due 3/25/45(f)
|
| | | | 127,587 | | |
| | | 560,746 | | | |
Series 5201, Class PA, 2.500% due 3/25/52
|
| | | | 487,593 | | |
| | | 159,000 | | | |
Series 5228, Class JL, 2.500% due 10/25/41
|
| | | | 123,104 | | |
| | | | | | | Federal National Mortgage Association (FNMA), Aces: | | ||||||
| | | 32,625,990 | | | |
Series 2020-M12, Class IO, 1.285% due 7/25/29(b)(f)
|
| | | | 1,494,313 | | |
| | | 10,095,109 | | | |
Series 2020-M15, Class X1, 1.447% due 9/25/31(b)(f)
|
| | | | 635,206 | | |
| | | 20,752,153 | | | |
Series 2020-M7, Class X2, 1.240% due 3/25/31(b)(f)
|
| | | | 1,188,644 | | |
| | | 5,442,180 | | | |
Series 2022-M4, Class A1X, 2.465% due 5/25/30(b)
|
| | | | 4,922,833 | | |
| | | 6,959,533 | | | |
Series 2022-M5, Class A1, 2.358% due 1/1/34(b)
|
| | | | 6,234,426 | | |
| | | | | | | Federal National Mortgage Association (FNMA), Interest Strip: | | ||||||
| | | 1,185,400 | | | |
Series 426, Class C38, 2.000% due 3/25/52(f)
|
| | | | 157,325 | | |
| | | 757,265 | | | |
Series 429, Class C3, 2.500% due 9/25/52(f)
|
| | | | 119,169 | | |
| | | 995,717 | | | |
Series 437, Class C8, 2.500% due 6/25/52(f)
|
| | | | 152,111 | | |
| | | | | | | Federal National Mortgage Association (FNMA), REMICS: | | ||||||
| | | 471,000 | | | |
Series 2011-142, Class PE, 3.500% due 1/25/42
|
| | | | 423,663 | | |
| | | 113,129 | | | |
Series 2011-51, Class TO, 0.000% due 6/25/41(h)
|
| | | | 84,322 | | |
| | | 651,847 | | | |
Series 2012-120, Class ZB, 3.500% due 11/25/42
|
| | | | 602,319 | | |
| | | 508,970 | | | |
Series 2013-15, Class ZV, 3.000% due 3/25/43
|
| | | | 443,841 | | |
| | | 130,270 | | | |
Series 2013-2, Class MA, 3.500% due 2/25/43
|
| | | | 121,124 | | |
| | | 1,072,000 | | | |
Series 2013-62, Class PY, 2.500% due 6/25/43
|
| | | | 866,377 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COLLATERALIZED MORTGAGE OBLIGATIONS – (continued) | | ||||||||||||
| | $ | 1,230,161 | | | |
Series 2013-72, Class IW, 3.500% due 7/25/33(f)
|
| | | $ | 93,696 | | |
| | | 2,653,375 | | | |
Series 2014-11, Class KZ, 2.500% due 10/25/41
|
| | | | 2,297,620 | | |
| | | 542,883 | | | |
Series 2014-95, Class ZC, 3.000% due 1/25/45
|
| | | | 469,769 | | |
| | | 534,539 | | | |
Series 2015-55, Class PD, 2.500% due 3/25/43
|
| | | | 508,883 | | |
| | | 621,997 | | | |
Series 2016-3, Class MI, 5.500% due 2/25/46(f)
|
| | | | 93,214 | | |
| | | 518,867 | | | |
Series 2016-43, Class GZ, 3.000% due 7/25/46
|
| | | | 437,232 | | |
| | | 798,358 | | | |
Series 2017-105, Class ZE, 3.000% due 1/25/48
|
| | | | 608,945 | | |
| | | 705,156 | | | |
Series 2017-22, Class BZ, 3.500% due 4/25/47
|
| | | | 624,610 | | |
| | | 7,731,019 | | | |
Series 2017-24, Class LG, 3.000% due 4/25/37
|
| | | | 6,960,693 | | |
| | | 546,597 | | | |
Series 2018-91, Class BE, 3.500% due 12/25/58
|
| | | | 485,043 | | |
| | | 369,131 | | | |
Series 2020-35, Class AI, 3.000% due 6/25/50(f)
|
| | | | 58,090 | | |
| | | 626,937 | | | |
Series 2020-74, Class HI, 5.500% due 10/25/50(f)
|
| | | | 119,105 | | |
| | | 1,814,112 | | | |
Series 2020-99, Class KI, 1.500% due 11/25/35(f)
|
| | | | 96,348 | | |
| | | 955,290 | | | |
Series 2021-3, Class NI, 2.500% due 2/25/51(f)
|
| | | | 140,137 | | |
| | | 912,474 | | | |
Series 2021-3, Class TI, 2.500% due 2/25/51(f)
|
| | | | 144,829 | | |
| | | 10,951,623 | | | |
Series 2021-4, Class GD, 1.000% due 2/25/51
|
| | | | 8,320,442 | | |
| | | 949,561 | | | |
Series 2021-95, Class GI, 3.000% due 1/25/52(f)
|
| | | | 142,550 | | |
| | | 817,617 | | | |
Series 2022-3, Class PI, 3.000% due 1/25/52(f)
|
| | | | 115,001 | | |
| | | 9,097,530 | | | |
Series 2023-36, Class IO, 2.500% due 10/25/52(f)
|
| | | | 1,305,396 | | |
| | | | | | | FMC GMSR Issuer Trust: | | ||||||
| | | 4,000,000 | | | |
Series 2021-GT1, Class A, 3.620% due 7/25/26(b)(e)
|
| | | | 3,478,654 | | |
| | | 3,420,000 | | | |
Series 2021-GT2, Class A, 3.850% due 10/25/26(b)(e)
|
| | | | 2,975,898 | | |
| | | | | | | Freddie Mac Multifamily Structured Pass-Through Certificates: | | ||||||
| | | 104,768,231 | | | |
Series K064, Class X1, 0.595% due 3/25/27(b)(f)
|
| | | | 1,590,088 | | |
| | | 27,657,824 | | | |
Series K066, Class X1, 0.744% due 6/25/27(b)(f)
|
| | | | 549,857 | | |
| | | 2,065,957 | | | |
Series K118, Class X1, 0.956% due 9/25/30(b)(f)
|
| | | | 100,941 | | |
| | | 63,387,402 | | | |
Series K119, Class X1, 0.928% due 9/25/30(b)(f)
|
| | | | 2,979,493 | | |
| | | 28,982,105 | | | |
Series K120, Class X1, 1.036% due 10/25/30(b)(f)
|
| | | | 1,505,296 | | |
| | | 41,150,719 | | | |
Series K121, Class X1, 1.021% due 10/25/30(b)(f)
|
| | | | 2,123,225 | | |
| | | 12,681,685 | | | |
Series K122, Class X1, 0.878% due 11/25/30(b)(f)
|
| | | | 579,387 | | |
| | | 23,862,030 | | | |
Series K124, Class X1, 0.718% due 12/25/30(b)(f)
|
| | | | 919,488 | | |
| | | 53,675,265 | | | |
Series K125, Class X1, 0.581% due 1/25/31(b)(f)
|
| | | | 1,677,465 | | |
| | | 30,603,269 | | | |
Series K129, Class X1, 1.032% due 5/25/31(b)(f)
|
| | | | 1,669,053 | | |
| | | 30,136,111 | | | |
Series K130, Class X1, 1.037% due 6/25/31(b)(f)
|
| | | | 1,765,144 | | |
| | | 55,974,587 | | | |
Series K132, Class X1, 0.508% due 8/25/31(b)(f)
|
| | | | 1,705,954 | | |
| | | 30,117,869 | | | |
Series K-1519, Class X1, 0.595% due 12/25/35(b)(f)
|
| | | | 1,403,758 | | |
| | | 6,560,000 | | | |
Series K-154, Class A2, 4.350% due 1/25/33(b)
|
| | | | 6,354,447 | | |
| | | 6,365,000 | | | |
Series K-158, Class A2, 4.050% due 7/25/33
|
| | | | 6,019,282 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COLLATERALIZED MORTGAGE OBLIGATIONS – (continued) | | ||||||||||||
| | $ | 1,772,000 | | | |
Series K-162, Class X1, 0.370% due 12/25/33(b)(f)
|
| | | $ | 56,679 | | |
| | | 2,352,417 | | | |
Series K753, Class X1, 0.228% due 1/1/50(b)(f)
|
| | | | 37,155 | | |
| | | 1,500,000 | | | |
Series Q001, Class A3, 3.815% due 2/25/32
|
| | | | 1,406,775 | | |
| | | 5,000,000 | | | |
Freddie Mac STACR REMIC Trust, Series 2021-HQA2, Class M2, 7.372%
(SOFR30A + 2.050%) due 12/25/33(b)(e) |
| | | | 5,058,424 | | |
| | | | | | | Freddie Mac Strips: | | ||||||
| | | 779,857 | | | |
Series 303, Class C10, 3.500% due 1/15/33(f)
|
| | | | 75,272 | | |
| | | 913,552 | | | |
Series 375, Class C1, 2.500% due 1/25/51(f)
|
| | | | 139,033 | | |
| | | 842,452 | | | |
Series 386, Class C14, 2.500% due 3/15/52(f)
|
| | | | 117,265 | | |
| | | 2,747,954 | | | |
Series 389, Class C1, 1.500% due 5/15/37(f)
|
| | | | 156,768 | | |
| | | 1,256,190 | | | |
Series 389, Class C35, 2.000% due 6/15/52(f)
|
| | | | 164,805 | | |
| | | | | | | GCAT Trust: | | ||||||
| | | 408,680 | | | |
Series 2021-NQM1, Class A1, 0.874% due 1/25/66(b)(e)
|
| | | | 330,149 | | |
| | | 458,891 | | | |
Series 2021-NQM2, Class A1, 1.036% due 5/25/66(b)(e)
|
| | | | 370,721 | | |
| | | 590,513 | | | |
Series 2021-NQM3, Class A1, 1.091% due 5/25/66(b)(e)
|
| | | | 488,119 | | |
| | | 814,688 | | | |
Series 2021-NQM4, Class A1, 1.093% due 8/25/66(b)(e)
|
| | | | 656,347 | | |
| | | 1,150,230 | | | |
Series 2021-NQM5, Class A1, 1.262% due 7/25/66(b)(e)
|
| | | | 910,395 | | |
| | | 408,561 | | | |
Series 2021-NQM7, Class A1, 1.915% due 8/25/66(b)(e)
|
| | | | 353,787 | | |
| | | | | | | Government National Mortgage Association (GNMA): | | ||||||
| | | 664,906 | | | |
Series 2012-116, Class IB, 4.000% due 9/16/42(f)
|
| | | | 130,568 | | |
| | | 1,226,917 | | | |
Series 2012-32, Class Z, 3.500% due 3/20/42
|
| | | | 1,107,350 | | |
| | | 683,127 | | | |
Series 2014-12, Class ZB, 3.000% due 1/16/44
|
| | | | 601,474 | | |
| | | 647,087 | | | |
Series 2014-46, Class IO, 5.000% due 3/16/44(f)
|
| | | | 88,564 | | |
| | | 2,143,370 | | | |
Series 2016-37, Class QF, 5.834% (1-Month TSFR + 0.514%) due 3/20/46(b)
|
| | | | 2,084,777 | | |
| | | 625,000 | | | |
Series 2018-37, Class BY, 3.500% due 3/20/48
|
| | | | 541,344 | | |
| | | 484,558 | | | |
Series 2019-5, Class JI, 5.000% due 7/16/44(f)
|
| | | | 74,941 | | |
| | | 23,785,601 | | | |
Series 2020-173, Class JI, 2.000% due 11/20/50(f)
|
| | | | 2,508,330 | | |
| | | 14,979,906 | | | |
Series 2021-129, Class IO, 0.982% due 6/16/63(b)(f)
|
| | | | 1,007,148 | | |
| | | 10,730,486 | | | |
Series 2021-137, Class IQ, 3.000% due 8/20/51(f)
|
| | | | 1,720,581 | | |
| | | 21,373,584 | | | |
Series 2021-184, Class IO, 0.883% due 12/16/61(b)(f)
|
| | | | 1,371,122 | | |
| | | 845,083 | | | |
Series 2021-215, Class KA, 2.500% due 10/20/49
|
| | | | 730,643 | | |
| | | 13,606,118 | | | |
Series 2021-30, Class IB, 2.500% due 2/20/51(f)
|
| | | | 1,831,155 | | |
| | | 17,032,952 | | | |
Series 2021-35, Class IO, 1.030% due 12/16/62(b)(f)
|
| | | | 1,195,662 | | |
| | | 18,996,786 | | | |
Series 2021-52, Class IO, 0.720% due 4/16/63(b)(f)
|
| | | | 1,003,139 | | |
| | | 15,568,174 | | | |
Series 2021-58, Class SL, 0.000% (1-Month TSFR + 3.636%) due
4/20/51(b)(f) |
| | | | 426,644 | | |
| | | 4,405,827 | | | |
Series 2021-77, Class EA, 1.000% due 7/20/50
|
| | | | 3,299,512 | | |
| | | 14,298,910 | | | |
Series 2021-77, Class IT, 2.500% due 5/20/51(f)
|
| | | | 1,882,550 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COLLATERALIZED MORTGAGE OBLIGATIONS – (continued) | | ||||||||||||
| | $ | 19,573,705 | | | |
Series 2021-79, Class IO, 0.882% due 8/16/63(b)(f)
|
| | | $ | 1,221,546 | | |
| | | 10,317,042 | | | |
Series 2022-174, Class AZ, 3.500% due 5/20/51
|
| | | | 8,262,340 | | |
| | | 6,531,703 | | | |
Series 2022-213, Class DO, 0.000% due 1/20/52(h)
|
| | | | 2,040,827 | | |
| | | 449,574 | | | |
Series 2022-24, Class GA, 3.000% due 2/20/52
|
| | | | 400,810 | | |
| | | 27,954,397 | | | |
Series 2022-49, Class IO, 0.762% due 3/16/64(b)(f)
|
| | | | 1,600,859 | | |
| | | 15,662,472 | | | |
Series 2022-61, Class EI, 3.000% due 7/20/51(f)
|
| | | | 2,435,107 | | |
| | | 8,079,648 | | | |
Series 2022-64, Class IO, 2.500% due 2/20/50(f)
|
| | | | 930,850 | | |
| | | 31,031,949 | | | |
Series 2022-80, Class IO, 0.593% due 6/16/64(b)(f)
|
| | | | 1,497,968 | | |
| | | 28,480,676 | | | |
Series 2022-82, Class IO, 0.538% due 2/16/64(b)(f)
|
| | | | 1,320,749 | | |
| | | 1,405,000 | | | |
GS Mortgage Securities Corp. II, Series 2024-70P, Class A, 5.133% due
3/10/41(b)(e) |
| | | | 1,390,177 | | |
| | | | | | | GS Mortgage Securities Corp. Trust: | | | |||||
| | | 400,000 | | | |
Series 2018-TWR, Class D, 7.215% (1-Month TSFR + 1.897%) due
7/15/31(b)(e) |
| | | | 177,480 | | |
| | | 400,000 | | | |
Series 2018-TWR, Class E, 7.715% (1-Month TSFR + 2.397%) due
7/15/31(b)(e) |
| | | | 139,600 | | |
| | | 400,000 | | | |
Series 2018-TWR, Class F, 8.415% (1-Month TSFR + 3.097%) due
7/15/31(b)(e) |
| | | | 90,720 | | |
| | | 400,000 | | | |
Series 2018-TWR, Class G, 9.540% (1-Month TSFR + 4.222%) due
7/15/31(b)(e) |
| | | | 27,780 | | |
| | | 700,000 | | | |
Series 2021-IP, Class D, 7.532% (1-Month TSFR + 2.214%) due
10/15/36(b)(e) |
| | | | 672,681 | | |
| | | | | | | GS Mortgage Securities Trust: | | ||||||
| | | 705,000 | | | |
Series 2015-GC30, Class A4, 3.382% due 5/10/50
|
| | | | 682,571 | | |
| | | 9,922,681 | | | |
Series 2017-GS7, Class XA, 1.078% due 8/10/50(b)(f)
|
| | | | 274,905 | | |
| | | 1,400,000 | | | |
Series 2018-GS9, Class A4, 3.992% due 3/10/51(b)
|
| | | | 1,300,834 | | |
| | | 1,200,000 | | | |
Series 2018-GS9, Class C, 4.350% due 3/10/51(b)
|
| | | | 1,062,581 | | |
| | | 1,500,000 | | | |
Series 2020-GC45, Class A5, 2.911% due 2/13/53
|
| | | | 1,320,375 | | |
| | | 4,478,958 | | | |
HarborView Mortgage Loan Trust, Series 2006-14, Class 2A1A, 5.734%
(1-Month TSFR + 0.414%) due 1/25/47(b) |
| | | | 3,930,922 | | |
| | | 1,808,709 | | | |
Homes Trust, Series 2023-NQM2, Class A1, step bond to yield, 6.456% due
2/25/68(e) |
| | | | 1,810,854 | | |
| | | | | | | Imperial Fund Mortgage Trust: | | ||||||
| | | 461,068 | | | |
Series 2021-NQM2, Class A1, 1.073% due 9/25/56(b)(e)
|
| | | | 373,225 | | |
| | | 825,938 | | | |
Series 2021-NQM3, Class A1, 1.595% due 11/25/56(b)(e)
|
| | | | 675,033 | | |
| | | 1,372,898 | | | |
Series 2022-NQM2, Class A1, step bond to yield, 3.638% due 3/25/67(e)
|
| | | | 1,258,039 | | |
| | | 500,000 | | | |
IMT Trust, Series 2017-APTS, Class AFX, 3.478% due 6/15/34(e)
|
| | | | 494,812 | | |
| | | | | | | JP Morgan Chase Commercial Mortgage Securities Trust: | | ||||||
| | | 805,000 | | | |
Series 2018-WPT, Class FFX, 5.364% due 7/5/33(b)(e)
|
| | | | 467,162 | | |
| | | 1,950,000 | | | |
Series 2019-OSB, Class A, 3.397% due 6/5/39(e)
|
| | | | 1,743,095 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COLLATERALIZED MORTGAGE OBLIGATIONS – (continued) | | ||||||||||||
| | $ | 823,000 | | | |
Series 2020-ACE, Class C, 3.694% due 1/10/37(b)(e)
|
| | | $ | 778,235 | | |
| | | 805,000 | | | |
Series 2020-LOOP, Class E, 3.861% due 12/5/38(b)(e)
|
| | | | 201,250 | | |
| | | 666,799 | | | |
Series 2022-NLP, Class A, 5.914% (1-Month TSFR + 0.597%) due 4/15/37(b)(e)
|
| | | | 630,125 | | |
| | | | | | | JP Morgan Mortgage Trust: | | ||||||
| | | 1,910,272 | | | |
Series 2006-S1, Class 2A9, 6.500% due 4/25/36
|
| | | | 1,878,806 | | |
| | | 6,419,907 | | | |
Series 2006-S4, Class A7, 6.000% due 1/25/37
|
| | | | 2,505,865 | | |
| | | 1,508,276 | | | |
Series 2021-3, Class B1, 2.939% due 7/25/51(b)(e)
|
| | | | 1,197,912 | | |
| | | | | | | JPMBB Commercial Mortgage Securities Trust: | | ||||||
| | | 475,000 | | | |
Series 2014-C21, Class A5, 3.775% due 8/15/47
|
| | | | 471,462 | | |
| | | 1,667,000 | | | |
Series 2015-C27, Class C, 4.303% due 2/15/48(b)
|
| | | | 1,329,085 | | |
| | | 1,205,000 | | | |
Series 2015-C28, Class C, 4.133% due 10/15/48(b)
|
| | | | 1,110,599 | | |
| | | 529,000 | | | |
Series 2016-C1, Class A5, 3.576% due 3/17/49
|
| | | | 506,766 | | |
| | | 1,100,000 | | | |
JPMCC Commercial Mortgage Securities Trust, Series 2017-JP6, Class A5,
3.490% due 7/15/50 |
| | | | 1,012,226 | | |
| | | | | | | Legacy Mortgage Asset Trust: | | ||||||
| | | 328,845 | | | |
Series 2021-GS2, Class A1, step bond to yield, 1.750% due 4/25/61(e)
|
| | | | 318,076 | | |
| | | 438,311 | | | |
Series 2021-GS3, Class A1, step bond to yield, 1.750% due 7/25/61(e)
|
| | | | 423,058 | | |
| | | 223,254 | | | |
Series 2021-GS4, Class A1, step bond to yield, 1.650% due 11/25/60(e)
|
| | | | 213,731 | | |
| | | 2,822,144 | | | |
Lehman XS Trust, Series 2007-4N, Class 1A3, 5.915% (1-Month TSFR +
0.594%) due 3/25/47(b) |
| | | | 2,407,551 | | |
| | | | | | | Life Mortgage Trust: | | ||||||
| | | 1,619,935 | | | |
Series 2021-BMR, Class A, 6.132% (1-Month TSFR + 0.814%) due
3/15/38(b)(e) |
| | | | 1,602,217 | | |
| | | 3,179,908 | | | |
Series 2021-BMR, Class D, 6.832% (1-Month TSFR + 1.514%) due
3/15/38(b)(e) |
| | | | 3,124,260 | | |
| | | 2,400,000 | | | |
Series 2022-BMR2, Class D, 7.860% (1-Month TSFR + 2.542%) due
5/15/39(b)(e) |
| | | | 2,290,500 | | |
| | | 825,040 | | | |
Med Trust, Series 2021-MDLN, Class G, 10.682% (1-Month TSFR + 5.364%)
due 11/15/38(b)(e) |
| | | | 812,665 | | |
| | | 6,045,370 | | | |
Merrill Lynch Mortgage Investors Trust, Series 2006-AF1, Class AF1, 5.750%
due 8/25/36 |
| | | | 2,790,050 | | |
| | | | | | | MFA Trust: | | ||||||
| | | 239,660 | | | |
Series 2021-NQM1, Class A1, 1.153% due 4/25/65(b)(e)
|
| | | | 216,037 | | |
| | | 331,741 | | | |
Series 2021-NQM2, Class A1, 1.029% due 11/25/64(b)(e)
|
| | | | 280,093 | | |
| | | | | | | Morgan Stanley Bank of America Merrill Lynch Trust: | | ||||||
| | | 15,361,729 | | | |
Series 2014-C19, Class XA, 0.950% due 12/15/47(b)(f)
|
| | | | 31,535 | | |
| | | 2,583,782 | | | |
Series 2015-C20, Class A4, 3.249% due 2/15/48
|
| | | | 2,523,687 | | |
| | | 1,405,000 | | | |
Series 2015-C26, Class A5, 3.531% due 10/15/48
|
| | | | 1,352,487 | | |
| | | 1,652,000 | | | |
Series 2016-C31, Class C, 4.258% due 11/15/49(b)
|
| | | | 1,383,994 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COLLATERALIZED MORTGAGE OBLIGATIONS – (continued) | | ||||||||||||
| | | | | | | Morgan Stanley Capital I Trust: | | ||||||
| | $ | 13,728,001 | | | |
Series 2016-UB11, Class XA, 1.436% due 8/15/49(b)(f)
|
| | | $ | 373,605 | | |
| | | 11,882,274 | | | |
Series 2016-UB12, Class XA, 0.648% due 12/15/49(b)(f)
|
| | | | 168,792 | | |
| | | 1,356,000 | | | |
Series 2019-H7, Class AS, 3.524% due 7/15/52
|
| | | | 1,216,796 | | |
| | | 20,710,781 | | | |
Series 2019-L3, Class XA, 0.607% due 11/15/52(b)(f)
|
| | | | 555,836 | | |
| | | 806,000 | | | |
Series 2020-L4, Class B, 3.082% due 2/15/53
|
| | | | 639,703 | | |
| | | 1,426,485 | | | |
Morgan Stanley Residential Mortgage Loan Trust, Series 2020-RPL1, Class A1,
5.693% due 10/25/60(b)(e) |
| | | | 1,398,209 | | |
| | | 799,098 | | | |
MSWF Commercial Mortgage Trust, Series 2023-2, Class XA, 0.907% due
12/15/56(b)(f) |
| | | | 51,748 | | |
| | | | | | | New Residential Mortgage Loan Trust: | | ||||||
| | | 312,297 | | | |
Series 2021-NQ1R, Class A1, 0.943% due 7/25/55(b)(e)
|
| | | | 271,908 | | |
| | | 188,344 | | | |
Series 2021-NQ2R, Class A1, 0.941% due 10/25/58(b)(e)
|
| | | | 169,928 | | |
| | | 991,471 | | | |
Series 2021-NQM3, Class A1, 1.156% due 11/27/56(b)(e)
|
| | | | 830,221 | | |
| | | 590,000 | | | |
NJ Trust, Series 2023-GSP, Class A, 6.481% due 1/6/29(b)(e)
|
| | | | 608,902 | | |
| | | 953,954 | | | |
NMLT Trust, Series 2021-INV1, Class A1, 1.185% due 5/25/56(b)(e)
|
| | | | 776,656 | | |
| | | | | | | OBX Trust: | | ||||||
| | | 636,244 | | | |
Series 2021-NQM1, Class A1, 1.072% due 2/25/66(b)(e)
|
| | | | 534,652 | | |
| | | 589,064 | | | |
Series 2021-NQM3, Class A1, 1.054% due 7/25/61(b)(e)
|
| | | | 455,529 | | |
| | | 1,162,116 | | | |
Series 2022-NQM1, Class A1, 2.305% due 11/25/61(b)(e)
|
| | | | 993,104 | | |
| | | | | | | PMT Credit Risk Transfer Trust: | | ||||||
| | | 746,010 | | | |
Series 2019-2R, Class A, 9.193% (1-Month TSFR + 3.864%) due
5/30/25(b)(e) |
| | | | 746,398 | | |
| | | 373,730 | | | |
Series 2019-3R, Class A, 9.135% (SOFR30A + 3.814%) due 11/27/31(b)(e)
|
| | | | 372,876 | | |
| | | 1,213,710 | | | |
PRET LLC, Series 2021-RN3, Class A1, step bond to yield, 1.843% due
9/25/51(e) |
| | | | 1,154,825 | | |
| | | 855,036 | | | |
Pretium Mortgage Credit Partners LLC, Series 2021-RN1, Class A1, step bond to
yield, 1.992% due 2/25/61(e) |
| | | | 831,266 | | |
| | | | | | | PRPM LLC: | | ||||||
| | | 213,329 | | | |
Series 2021-2, Class A1, 2.115% due 3/25/26(b)(e)
|
| | | | 210,795 | | |
| | | 353,446 | | | |
Series 2021-3, Class A1, step bond to yield, 1.867% due 4/25/26(e)
|
| | | | 346,707 | | |
| | | 593,565 | | | |
Series 2021-5, Class A1, step bond to yield, 1.793% due 6/25/26(e)
|
| | | | 579,434 | | |
| | | 496,432 | | | |
Series 2021-6, Class A1, step bond to yield, 1.793% due 7/25/26(e)
|
| | | | 481,082 | | |
| | | 2,967,777 | | | |
Series 2021-7, Class A1, step bond to yield, 1.867% due 8/25/26(e)
|
| | | | 2,865,944 | | |
| | | 538,700 | | | |
Series 2021-8, Class A1, 1.743% due 9/25/26(b)(e)
|
| | | | 516,461 | | |
| | | 1,390,117 | | | |
Series 2021-9, Class A1, step bond to yield, 2.363% due 10/25/26(e)
|
| | | | 1,348,024 | | |
| | | 211,958 | | | |
Series 2021-RPL1, Class A1, step bond to yield, 1.319% due 7/25/51(e)
|
| | | | 189,102 | | |
| | | 898,905 | | | |
Series 2022-5, Class A1, step bond to yield, 6.900% due 9/27/27(e)
|
| | | | 902,443 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COLLATERALIZED MORTGAGE OBLIGATIONS – (continued) | | ||||||||||||
| | | | | | | Rali Trust: | | ||||||
| | $ | 1,087,865 | | | |
Series 2005-QS13, Class 1A3, 5.500% due 9/25/35
|
| | | $ | 873,354 | | |
| | | 2,867,004 | | | |
Series 2006-QS17, Class A8, 6.000% due 12/25/36
|
| | | | 2,286,596 | | |
| | | 3,493,643 | | | |
Residential Asset Securitization Trust, Series 2005-A8CB, Class A6, 5.000% due
7/25/35 |
| | | | 1,996,729 | | |
| | | | | | | Residential Mortgage Loan Trust: | | ||||||
| | | 3,100,000 | | | |
Series 2020-1, Class M1, 3.242% due 1/26/60(b)(e)
|
| | | | 2,721,111 | | |
| | | 177,688 | | | |
Series 2021-1R, Class A1, 0.859% due 1/25/65(b)(e)
|
| | | | 163,310 | | |
| | | | | | | Seasoned Credit Risk Transfer Trust: | | ||||||
| | | 302,245 | | | |
Series 2019-1, Class MA, 3.500% due 7/25/58
|
| | | | 283,990 | | |
| | | 490,852 | | | |
Series 2019-1, Class MT, 3.500% due 7/25/58
|
| | | | 433,284 | | |
| | | 5,340,409 | | | |
Series 2019-4, Class MV, 3.000% due 2/25/59
|
| | | | 4,503,440 | | |
| | | 615,185 | | | |
Series 2020-1, Class MT, 2.500% due 8/25/59
|
| | | | 501,601 | | |
| | | 5,987,583 | | | |
Series 2020-2, Class MT, 2.000% due 11/25/59
|
| | | | 4,695,889 | | |
| | | 5,757,991 | | | |
Series 2020-3, Class M5TW, 3.000% due 5/25/60
|
| | | | 5,147,049 | | |
| | | 3,640,000 | | | |
SFAVE Commercial Mortgage Securities Trust, Series 2015-5AVE, Class B,
4.388% due 1/5/43(b)(e) |
| | | | 2,525,191 | | |
| | | | | | | SG Residential Mortgage Trust: | | ||||||
| | | 852,409 | | | |
Series 2021-1, Class A1, 1.160% due 7/25/61(b)(e)
|
| | | | 681,967 | | |
| | | 5,238,000 | | | |
Series 2021-2, Class B1, 4.038% due 12/25/61(b)(e)
|
| | | | 3,778,554 | | |
| | | 3,750,000 | | | |
SMRT, Series 2022-MINI, Class D, 7.268% (1-Month TSFR + 1.950%) due
1/15/39(b)(e) |
| | | | 3,656,250 | | |
| | | 473,145 | | | |
STAR Trust, Series 2021-1, Class A1, 1.219% due 5/25/65(b)(e)
|
| | | | 410,582 | | |
| | | | | | | Starwood Mortgage Residential Trust: | | ||||||
| | | 160,461 | | | |
Series 2021-2, Class A1, 0.943% due 5/25/65(b)(e)
|
| | | | 144,417 | | |
| | | 729,052 | | | |
Series 2021-3, Class A1, 1.127% due 6/25/56(b)(e)
|
| | | | 590,231 | | |
| | | 965,658 | | | |
Series 2021-4, Class A1, 1.162% due 8/25/56(b)(e)
|
| | | | 797,606 | | |
| | | 913,248 | | | |
Series 2021-6, Class A1, 1.920% due 11/25/66(b)(e)
|
| | | | 755,063 | | |
| | | 3,480,000 | | | |
STWD Trust, Series 2021-FLWR, Class D, 6.808% (1-Month TSFR + 1.490%)
due 7/15/36(b)(e) |
| | | | 3,412,575 | | |
| | | 410,141 | | | |
Toorak Mortgage Corp. Ltd., Series 2021-1, Class A1, step bond to yield, 3.240%
due 6/25/24(e) |
| | | | 400,849 | | |
| | | | | | | Towd Point Mortgage Trust: | | ||||||
| | | 1,481,604 | | | |
Series 2021-R1, Class A1, 2.918% due 11/30/60(b)(e)
|
| | | | 1,247,580 | | |
| | | 2,868,688 | | | |
Series 2022-4, Class A1, 3.750% due 9/25/62(e)
|
| | | | 2,656,451 | | |
| | | 55,487 | | | |
Triangle Re Ltd., Series 2021-3, Class M1A, 7.222% (SOFR30A + 1.900%) due
2/25/34(b)(e) |
| | | | 55,510 | | |
| | | 361,154 | | | |
TRK Trust, Series 2021-INV1, Class A1, 1.153% due 7/25/56(b)(e)
|
| | | | 309,408 | | |
| | | 1,105,000 | | | |
TYSN Mortgage Trust, Series 2023-CRNR, Class A, 6.580% due 12/10/33(b)(e)
|
| | | | 1,146,327 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COLLATERALIZED MORTGAGE OBLIGATIONS – (continued) | | ||||||||||||
| | $ | 4,214,287 | | | |
UBS Commercial Mortgage Trust, Series 2017-C1, Class XA, 1.527% due
6/15/50(b)(f) |
| | | $ | 154,704 | | |
| | | | | | | VCAT LLC: | | ||||||
| | | 127,695 | | | |
Series 2021-NPL2, Class A1, step bond to yield, 2.115% due 3/27/51(e)
|
| | | | 126,209 | | |
| | | 610,684 | | | |
Series 2021-NPL4, Class A1, step bond to yield, 1.868% due 8/25/51(e)
|
| | | | 589,387 | | |
| | | | | | | Verus Securitization Trust: | | ||||||
| | | 3,814,000 | | | |
Series 2021-1, Class B1, 2.977% due 1/25/66(b)(e)
|
| | | | 2,775,857 | | |
| | | 251,004 | | | |
Series 2021-2, Class A1, 1.031% due 2/25/66(b)(e)
|
| | | | 216,126 | | |
| | | 407,277 | | | |
Series 2021-4, Class A1, 0.938% due 7/25/66(b)(e)
|
| | | | 320,952 | | |
| | | 1,009,933 | | | |
Series 2021-5, Class A1, 1.013% due 9/25/66(b)(e)
|
| | | | 839,376 | | |
| | | 1,047,431 | | | |
Series 2021-6, Class A1, 1.630% due 10/25/66(b)(e)
|
| | | | 875,378 | | |
| | | 1,254,770 | | | |
Series 2021-7, Class A1, 1.829% due 10/25/66(b)(e)
|
| | | | 1,071,272 | | |
| | | 198,687 | | | |
Series 2021-R1, Class A1, 0.820% due 10/25/63(b)(e)
|
| | | | 178,920 | | |
| | | 292,819 | | | |
Series 2021-R2, Class A1, 0.918% due 2/25/64(b)(e)
|
| | | | 257,661 | | |
| | | 884,047 | | | |
Series 2022-1, Class A1, step bond to yield, 2.724% due 1/25/67(e)
|
| | | | 786,205 | | |
| | | 245,312 | | | |
VOLT C LLC, Series 2021-NPL9, Class A1, step bond to yield, 1.992% due
5/25/51(e) |
| | | | 235,886 | | |
| | | 612,765 | | | |
VOLT XCIII LLC, Series 2021-NPL2, Class A1, step bond to yield, 4.893% due
2/27/51(e) |
| | | | 594,504 | | |
| | | 1,337,151 | | | |
VOLT XCVII LLC, Series 2021-NPL6, Class A1, step bond to yield, 2.240% due
4/25/51(e) |
| | | | 1,309,370 | | |
| | | | | | | Wells Fargo Commercial Mortgage Trust: | | ||||||
| | | 1,400,000 | | | |
Series 2016-BNK1, Class A3, 2.652% due 8/15/49
|
| | | | 1,295,648 | | |
| | | 8,883,247 | | | |
Series 2017-C38, Class XA, 0.926% due 7/15/50(b)(f)
|
| | | | 204,761 | | |
| | | 674,303 | | | |
Series 2018-C45, Class ASB, 4.147% due 6/15/51
|
| | | | 660,024 | | |
| | | 806,000 | | | |
Series 2020-C55, Class AS, 2.937% due 2/15/53
|
| | | | 702,979 | | |
| | | 500,000 | | | |
WFRBS Commercial Mortgage Trust, Series 2014-C22, Class A5, 3.752% due
9/15/57 |
| | | | 490,128 | | |
| | | | | | |
TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS
(Cost – $489,863,486) |
| | |
|
418,763,909
|
| |
| CORPORATE BONDS & NOTES – 20.5% | | ||||||||||||
| Basic Materials – 0.5% | | ||||||||||||
| | | 570,000 | | | |
Anglo American Capital PLC, Company Guaranteed Notes, 3.875% due
3/16/29(e) |
| | | | 529,533 | | |
| | | 200,000 | | | |
AngloGold Ashanti Holdings PLC, Company Guaranteed Notes, 3.750% due
10/1/30 |
| | | | 173,478 | | |
| | | 40,000 | | | |
Arsenal AIC Parent LLC, Senior Secured Notes, 8.000% due 10/1/30(e)
|
| | | | 41,900 | | |
| | | 40,000 | | | |
ASP Unifrax Holdings Inc., Senior Secured Notes, 5.250% due 9/30/28(e)
|
| | | | 25,364 | | |
| | | | | | | BHP Billiton Finance USA Ltd., Company Guaranteed Notes: | | ||||||
| | | 387,000 | | | |
5.250% due 9/8/30
|
| | | | 390,063 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| CORPORATE BONDS & NOTES – (continued) | | ||||||||||||
| Basic Materials – (continued) | | ||||||||||||
| | $ | 385,000 | | | |
4.900% due 2/28/33
|
| | | $ | 379,872 | | |
| | | 400,000 | | | |
Braskem Netherlands Finance BV, Company Guaranteed Notes, 8.500% (5-Year
CMT Index + 8.220%) due 1/23/81(b) |
| | | | 386,286 | | |
| | | 400,000 | | | |
CAP SA, Senior Unsecured Notes, 3.900% due 4/27/31
|
| | | | 313,000 | | |
| | | | | | | Celanese US Holdings LLC, Company Guaranteed Notes: | | ||||||
| | | 735,000 | | | |
6.165% due 7/15/27
|
| | | | 746,184 | | |
| | | 380,000 | | | |
6.550% due 11/15/30
|
| | | | 395,079 | | |
| | | 200,000 | | | |
Compania de Minas Buenaventura SAA, Company Guaranteed Notes, 5.500%
due 7/23/26 |
| | | | 192,313 | | |
| | | 555,000 | | | |
Corp. Nacional del Cobre de Chile, Senior Unsecured Notes, 5.950% due
1/8/34(e) |
| | | | 547,688 | | |
| | | 200,000 | | | |
CSN Resources SA, Company Guaranteed Notes, 5.875% due 4/8/32
|
| | | | 171,566 | | |
| | | 75,000 | | | |
CVR Partners LP/CVR Nitrogen Finance Corp., Senior Secured Notes, 6.125%
due 6/15/28(e) |
| | | | 70,918 | | |
| | | | | | | Freeport-McMoRan Inc., Company Guaranteed Notes: | | ||||||
| | | 100,000 | | | |
4.375% due 8/1/28
|
| | | | 95,132 | | |
| | | 100,000 | | | |
4.625% due 8/1/30
|
| | | | 95,298 | | |
| | | 397,000 | | | |
Georgia-Pacific LLC, Senior Unsecured Notes, 3.600% due 3/1/25(e)
|
| | | | 390,550 | | |
| | | | | | | Glencore Funding LLC, Company Guaranteed Notes: | | ||||||
| | | 254,000 | | | |
1.625% due 4/27/26(e)
|
| | | | 234,909 | | |
| | | 370,000 | | | |
6.375% due 10/6/30(e)
|
| | | | 388,773 | | |
| | | 245,000 | | | |
2.850% due 4/27/31(e)
|
| | | | 208,767 | | |
| | | 200,000 | | | |
Gold Fields Orogen Holdings BVI Ltd., Company Guaranteed Notes, 5.125% due
5/15/24 |
| | | | 199,336 | | |
| | | 105,000 | | | |
Illuminate Buyer LLC/Illuminate Holdings IV Inc., Senior Unsecured Notes,
9.000% due 7/1/28(e) |
| | | | 103,327 | | |
| | | 200,000 | | | |
LYB International Finance III LLC, Company Guaranteed Notes, 5.500% due
3/1/34 |
| | | | 198,434 | | |
| | | 90,000 | | | |
Mativ Holdings Inc., Company Guaranteed Notes, 6.875% due 10/1/26(e)
|
| | | | 87,188 | | |
| | | 200,000 | | | |
MEGlobal Canada ULC, Company Guaranteed Notes, 5.000% due 5/18/25
|
| | | | 197,262 | | |
| | | 200,000 | | | |
Minsur SA, Senior Unsecured Notes, 4.500% due 10/28/31
|
| | | | 173,702 | | |
| | | 1,840,000 | | | |
RPM International Inc., Senior Unsecured Notes, 2.950% due 1/15/32
|
| | | | 1,554,010 | | |
| | | 400,000 | | | |
Sasol Financing USA LLC, Company Guaranteed Notes, 5.500% due 3/18/31
|
| | | | 333,010 | | |
| | | 680,000 | | | |
Sherwin-Williams Co., Senior Unsecured Notes, 2.300% due 5/15/30
|
| | | | 577,238 | | |
| | | 30,000 | | | |
SK Invictus Intermediate II SARL, Senior Secured Notes, 5.000% due
10/30/29(e) |
| | | | 25,470 | | |
| | | 200,000 | | | |
UPL Corp., Ltd, Company Guaranteed Notes, 4.625% due 6/16/30
|
| | | | 164,580 | | |
| | | 400,000 | | | |
Vedanta Resources Finance II PLC, Company Guaranteed Notes, 9.250% due
4/23/26(e) |
| | | | 332,020 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| CORPORATE BONDS & NOTES – (continued) | | ||||||||||||
| Basic Materials – (continued) | | ||||||||||||
| | $ | 165,000 | | | |
WR Grace Holdings LLC, Senior Unsecured Notes, 5.625% due 8/15/29(e)
|
| | | $ | 144,693 | | |
| | | | | | |
Total Basic Materials
|
| | | | 9,866,943 | | |
| Communications – 2.0% | | ||||||||||||
| | | 200,000 | | | |
Acuris Finance U.S. Inc./Acuris Finance SARL, Senior Secured Notes, 5.000%
due 5/1/28(e) |
| | | | 179,066 | | |
| | | 200,000 | | | |
Altice France SA, Senior Secured Notes, 5.500% due 10/15/29(e)
|
| | | | 151,434 | | |
| | | | | | | AT&T Inc., Senior Unsecured Notes: | | ||||||
| | | 4,222,000 | | | |
2.250% due 2/1/32
|
| | | | 3,385,911 | | |
| | | 4,955,000 | | | |
2.550% due 12/1/33
|
| | | | 3,908,136 | | |
| | | 225,000 | | | |
5.400% due 2/15/34
|
| | | | 225,297 | | |
| | | | | | | CCO Holdings LLC/CCO Holdings Capital Corp., Senior Unsecured Notes: | | ||||||
| | | 210,000 | | | |
4.750% due 3/1/30(e)
|
| | | | 178,644 | | |
| | | 125,000 | | | |
4.500% due 8/15/30(e)
|
| | | | 103,690 | | |
| | | 95,000 | | | |
4.750% due 2/1/32(e)
|
| | | | 76,644 | | |
| | | | | | |
Charter Communications Operating LLC/Charter Communications Operating
Capital, Senior Secured Notes: |
| | | | | | |
| | | 360,000 | | | |
4.200% due 3/15/28
|
| | | | 337,451 | | |
| | | 3,965,000 | | | |
6.384% due 10/23/35
|
| | | | 3,838,403 | | |
| | | 156,000 | | | |
3.500% due 3/1/42
|
| | | | 102,037 | | |
| | | 40,000 | | | |
5.750% due 4/1/48
|
| | | | 33,299 | | |
| | | 1,790,000 | | | |
4.800% due 3/1/50
|
| | | | 1,295,282 | | |
| | | 355,000 | | | |
3.700% due 4/1/51
|
| | | | 215,501 | | |
| | | 555,000 | | | |
3.900% due 6/1/52
|
| | | | 348,928 | | |
| | | 185,000 | | | |
3.850% due 4/1/61
|
| | | | 107,455 | | |
| | | 185,000 | | | |
4.400% due 12/1/61
|
| | | | 118,925 | | |
| | | | | | | Cisco Systems Inc., Senior Unsecured Notes: | | ||||||
| | | 320,000 | | | |
4.950% due 2/26/31
|
| | | | 320,159 | | |
| | | 215,000 | | | |
5.350% due 2/26/64
|
| | | | 216,380 | | |
| | | | | | | Clear Channel Outdoor Holdings Inc.: | | ||||||
| | | 50,000 | | | |
Company Guaranteed Notes, 7.500% due 6/1/29(e)
|
| | | | 41,375 | | |
| | | 45,000 | | | |
Senior Secured Notes, 9.000% due 9/15/28(e)
|
| | | | 46,935 | | |
| | | | | | | Comcast Corp., Company Guaranteed Notes: | | ||||||
| | | 215,000 | | | |
4.800% due 5/15/33
|
| | | | 210,081 | | |
| | | 1,075,000 | | | |
3.750% due 4/1/40
|
| | | | 879,870 | | |
| | | 644,000 | | | |
2.937% due 11/1/56
|
| | | | 396,274 | | |
| | | 35,000 | | | |
CommScope Inc., Senior Secured Notes, 4.750% due 9/1/29(e)
|
| | | | 23,975 | | |
| | | 45,000 | | | |
CommScope Technologies LLC, Company Guaranteed Notes, 5.000% due
3/15/27(e) |
| | | | 16,107 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| CORPORATE BONDS & NOTES – (continued) | | ||||||||||||
| Communications – (continued) | | ||||||||||||
| | $ | 80,000 | | | |
Consolidated Communications Inc., Senior Secured Notes, 5.000% due
10/1/28(e) |
| | | $ | 66,081 | | |
| | | 430,000 | | | |
Cox Communications Inc., Senior Unsecured Notes, 2.600% due 6/15/31(e)
|
| | | | 351,832 | | |
| | | 2,766,000 | | | |
Crown Castle Towers LLC, Asset Backed, 4.241% due 7/15/28(e)
|
| | | | 2,633,079 | | |
| | | 200,000 | | | |
CSC Holdings LLC, Company Guaranteed Notes, 6.500% due 2/1/29(e)
|
| | | | 174,334 | | |
| | | | | | | Digicel Group Holdings Ltd., Senior Secured Notes: | | ||||||
| | | 7,383 | | | |
zero coupon, due 12/31/30(d)(e)(g)
|
| | | | 6,650 | | |
| | | 32,312 | | | |
zero coupon, due 12/31/30(d)(e)(g)
|
| | | | 2,766 | | |
| | | 832 | | | |
zero coupon, due 12/31/30(d)(e)(g)
|
| | | | 653 | | |
| | | 81,635 | | | |
zero coupon, due 12/31/30(d)(e)(g)
|
| | | | — | | |
| | | 140,000 | | | |
Directv Financing LLC/Directv Financing Co.-Obligor Inc., Senior Secured
Notes, 5.875% due 8/15/27(e) |
| | | | 132,142 | | |
| | | | | | | Discovery Communications LLC, Company Guaranteed Notes: | | ||||||
| | | 54,000 | | | |
4.125% due 5/15/29
|
| | | | 50,022 | | |
| | | 145,000 | | | |
3.625% due 5/15/30
|
| | | | 127,450 | | |
| | | 236,000 | | | |
5.200% due 9/20/47
|
| | | | 191,911 | | |
| | | 239,000 | | | |
5.300% due 5/15/49
|
| | | | 195,501 | | |
| | | 785,000 | | | |
4.650% due 5/15/50
|
| | | | 595,291 | | |
| | | | | | | DISH DBS Corp.: | | ||||||
| | | 75,000 | | | |
Company Guaranteed Notes, 5.125% due 6/1/29
|
| | | | 31,986 | | |
| | | 140,000 | | | |
Senior Secured Notes, 5.750% due 12/1/28(e)
|
| | | | 96,950 | | |
| | | 65,000 | | | |
Embarq Corp., Senior Unsecured Notes, 7.995% due 6/1/36
|
| | | | 36,799 | | |
| | | | | | | Expedia Group Inc., Company Guaranteed Notes: | | ||||||
| | | 295,000 | | | |
5.000% due 2/15/26
|
| | | | 292,968 | | |
| | | 517,000 | | | |
3.800% due 2/15/28
|
| | | | 488,967 | | |
| | | | | | | Frontier Communications Holdings LLC: | | ||||||
| | | | | | | Senior Secured Notes: | | ||||||
| | | 45,000 | | | |
5.875% due 10/15/27(e)
|
| | | | 43,493 | | |
| | | 90,000 | | | |
5.000% due 5/1/28(e)
|
| | | | 83,291 | | |
| | | 54,900 | | | |
Secured Notes, 5.875% due 11/1/29
|
| | | | 47,022 | | |
| | | 135,000 | | | |
GCI LLC, Senior Unsecured Notes, 4.750% due 10/15/28(e)
|
| | | | 121,131 | | |
| | | 90,000 | | | |
Intelsat Jackson Holdings SA, Senior Secured Notes, 6.500% due 3/15/30(e)
|
| | | | 83,734 | | |
| | | | | | | Level 3 Financing Inc.: | | ||||||
| | | 40,000 | | | |
Company Guaranteed Notes, 3.750% due 7/15/29(e)
|
| | | | 16,600 | | |
| | | 110,000 | | | |
Senior Secured Notes, 10.500% due 5/15/30(e)
|
| | | | 112,750 | | |
| | | 45,000 | | | |
Lumen Technologies Inc., Senior Secured Notes, 4.000% due 2/15/27(e)
|
| | | | 27,225 | | |
| | | 150,000 | | | |
Match Group Holdings II LLC, Senior Unsecured Notes, 5.000% due
12/15/27(e) |
| | | | 143,073 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| CORPORATE BONDS & NOTES – (continued) | | ||||||||||||
| Communications – (continued) | | ||||||||||||
| | $ | 110,000 | | | |
McGraw-Hill Education Inc., Senior Secured Notes, 5.750% due 8/1/28(e)
|
| | | $ | 102,192 | | |
| | | 385,000 | | | |
Meta Platforms Inc., Senior Unsecured Notes, 5.600% due 5/15/53
|
| | | | 398,608 | | |
| | | 360,000 | | | |
Millicom International Cellular SA, Senior Unsecured Notes, 6.250% due
3/25/29 |
| | | | 349,650 | | |
| | | 192,000 | | | |
Netflix Inc., Senior Unsecured Notes, 5.375% due 11/15/29(e)
|
| | | | 194,969 | | |
| | | 200,000 | | | |
Network i2i Ltd., Company Guaranteed Notes, 5.650% (5-Year CMT Index +
4.274%)(b)(i) |
| | | | 198,000 | | |
| | | 45,000 | | | |
News Corp., Company Guaranteed Notes, 5.125% due 2/15/32(e)
|
| | | | 41,922 | | |
| | | 55,000 | | | |
Outfront Media Capital LLC/Outfront Media Capital Corp., Senior Secured
Notes, 7.375% due 2/15/31(e) |
| | | | 57,402 | | |
| | | | | | | Paramount Global, Senior Unsecured Notes: | | ||||||
| | | 48,000 | | | |
4.950% due 1/15/31
|
| | | | 42,149 | | |
| | | 360,000 | | | |
4.375% due 3/15/43
|
| | | | 240,915 | | |
| | | 100,000 | | | |
5.850% due 9/1/43
|
| | | | 80,882 | | |
| | | 20,000 | | | |
Radiate Holdco LLC/Radiate Finance Inc., Senior Secured Notes, 4.500% due
9/15/26(e) |
| | | | 15,749 | | |
| | | | | | | Rogers Communications Inc., Company Guaranteed Notes: | | ||||||
| | | 380,000 | | | |
5.000% due 2/15/29
|
| | | | 376,616 | | |
| | | 465,000 | | | |
5.300% due 2/15/34
|
| | | | 456,389 | | |
| | | 125,000 | | | |
Sirius XM Radio Inc., Company Guaranteed Notes, 5.500% due 7/1/29(e)
|
| | | | 118,207 | | |
| | | 2,460,750 | | | |
Sprint Spectrum Co. LLC/Sprint Spectrum Co. II LLC/Sprint Spectrum Co. III
LLC, Senior Secured Notes, 5.152% due 3/20/28(e) |
| | | | 2,453,284 | | |
| | | 20,000 | | | |
Telesat Canada/Telesat LLC, Company Guaranteed Notes, 6.500% due
10/15/27(e) |
| | | | 8,800 | | |
| | | | | | | T-Mobile USA Inc., Company Guaranteed Notes: | | ||||||
| | | 670,000 | | | |
3.875% due 4/15/30
|
| | | | 621,905 | | |
| | | 2,001,000 | | | |
2.875% due 2/15/31
|
| | | | 1,721,034 | | |
| | | 210,000 | | | |
5.050% due 7/15/33
|
| | | | 205,392 | | |
| | | 325,000 | | | |
5.750% due 1/15/34
|
| | | | 334,528 | | |
| | | 600,000 | | | |
5.500% due 1/15/55
|
| | | | 584,365 | | |
| | | 95,000 | | | |
Townsquare Media Inc., Senior Secured Notes, 6.875% due 2/1/26(e)
|
| | | | 91,647 | | |
| | | | | | | Univision Communications Inc., Senior Secured Notes: | | ||||||
| | | 75,000 | | | |
4.500% due 5/1/29(e)
|
| | | | 65,770 | | |
| | | 35,000 | | | |
7.375% due 6/30/30(e)
|
| | | | 33,805 | | |
| | | | | | | Verizon Communications Inc., Senior Unsecured Notes: | | ||||||
| | | 8,526,000 | | | |
1.750% due 1/20/31
|
| | | | 6,837,891 | | |
| | | 695,000 | | | |
2.355% due 3/15/32
|
| | | | 563,498 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| CORPORATE BONDS & NOTES – (continued) | | ||||||||||||
| Communications – (continued) | | ||||||||||||
| | $ | 395,000 | | | |
5.500% due 2/23/54
|
| | | $ | 390,240 | | |
| | | | | | |
Total Communications
|
| | | | 39,496,769 | | |
| Consumer Cyclical – 1.3% | | ||||||||||||
| | | 140,000 | | | |
Academy Ltd., Senior Secured Notes, 6.000% due 11/15/27(e)
|
| | | | 138,587 | | |
| | | 65,000 | | | |
Acushnet Co., Company Guaranteed Notes, 7.375% due 10/15/28(e)
|
| | | | 67,031 | | |
| | | 3,700,000 | | | |
Advance Auto Parts Inc., Company Guaranteed Notes, 3.900% due 4/15/30
|
| | | | 3,304,452 | | |
| | | 30,000 | | | |
AMC Entertainment Holdings Inc., Senior Secured Notes, 7.500% due
2/15/29(e) |
| | | | 20,734 | | |
| | | | | | | American Airlines Inc., Senior Secured Notes: | | ||||||
| | | 140,000 | | | |
7.250% due 2/15/28(e)
|
| | | | 141,165 | | |
| | | 130,000 | | | |
8.500% due 5/15/29(e)
|
| | | | 136,664 | | |
| | | 60,000 | | | |
American Axle & Manufacturing Inc., Company Guaranteed Notes, 5.000% due
10/1/29 |
| | | | 52,025 | | |
| | | 145,000 | | | |
Ashton Woods USA LLC/Ashton Woods Finance Co., Senior Unsecured Notes,
4.625% due 4/1/30(e) |
| | | | 130,349 | | |
| | | 475,000 | | | |
AutoZone Inc., Senior Unsecured Notes, 6.550% due 11/1/33
|
| | | | 513,140 | | |
| | | 120,000 | | | |
BCPE Empire Holdings Inc., Senior Unsecured Notes, 7.625% due 5/1/27(e)
|
| | | | 114,997 | | |
| | | 115,000 | | | |
Beacon Roofing Supply Inc., Senior Secured Notes, 6.500% due 8/1/30(e)
|
| | | | 115,623 | | |
| | | 60,000 | | | |
Caesars Entertainment Inc., Senior Secured Notes, 6.500% due 2/15/32(e)
|
| | | | 60,449 | | |
| | | | | | | Carnival Corp.: | | ||||||
| | | 80,000 | | | |
Company Guaranteed Notes, 5.750% due 3/1/27(e)
|
| | | | 78,998 | | |
| | | 95,000 | | | |
Senior Secured Notes, 7.000% due 8/15/29(e)
|
| | | | 98,543 | | |
| | | 70,000 | | | |
Cedar Fair LP, Company Guaranteed Notes, 5.250% due 7/15/29
|
| | | | 66,121 | | |
| | | 140,000 | | | |
Clarios Global LP/Clarios US Finance Co., Senior Secured Notes, 6.750% due
5/15/28(e) |
| | | | 141,695 | | |
| | | 95,000 | | | |
Cummins Inc., Senior Unsecured Notes, 5.450% due 2/20/54
|
| | | | 95,521 | | |
| | | | | | | Dana Inc., Senior Unsecured Notes: | | ||||||
| | | 45,000 | | | |
5.375% due 11/15/27
|
| | | | 43,438 | | |
| | | 20,000 | | | |
4.250% due 9/1/30
|
| | | | 17,248 | | |
| | | 60,000 | | | |
Dealer Tire LLC/DT Issuer LLC, Senior Unsecured Notes, 8.000% due
2/1/28(e) |
| | | | 59,707 | | |
| | | | | | | Dollar General Corp., Senior Unsecured Notes: | | ||||||
| | | 197,000 | | | |
4.250% due 9/20/24
|
| | | | 195,334 | | |
| | | 432,000 | | | |
3.500% due 4/3/30
|
| | | | 390,883 | | |
| | | 358,000 | | | |
Dollar Tree Inc., Senior Unsecured Notes, 4.000% due 5/15/25
|
| | | | 351,592 | | |
| | | 115,000 | | | |
Dornoch Debt Merger Sub Inc., Senior Unsecured Notes, 6.625% due
10/15/29(e) |
| | | | 103,225 | | |
| | | 75,000 | | | |
Everi Holdings Inc., Company Guaranteed Notes, 5.000% due 7/15/29(e)
|
| | | | 74,344 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| CORPORATE BONDS & NOTES – (continued) | | ||||||||||||
| Consumer Cyclical – (continued) | | ||||||||||||
| | $ | 70,000 | | | |
Ferrellgas LP/Ferrellgas Finance Corp., Senior Unsecured Notes, 5.375% due
4/1/26(e) |
| | | $ | 69,302 | | |
| | | 95,000 | | | |
Fertitta Entertainment LLC/Fertitta Entertainment Finance Co., Inc., Company
Guaranteed Notes, 6.750% due 1/15/30(e) |
| | | | 83,909 | | |
| | | 238,000 | | | |
Ford Motor Co., Senior Unsecured Notes, 3.250% due 2/12/32
|
| | | | 195,174 | | |
| | | 50,000 | | | |
Full House Resorts Inc., Senior Secured Notes, 8.250% due 2/15/28(e)
|
| | | | 46,886 | | |
| | | 90,000 | | | |
Gap Inc., Company Guaranteed Notes, 3.875% due 10/1/31(e)
|
| | | | 72,598 | | |
| | | | | | | General Motors Financial Co., Inc., Senior Unsecured Notes: | | ||||||
| | | 222,000 | | | |
2.400% due 10/15/28
|
| | | | 195,183 | | |
| | | 85,000 | | | |
3.100% due 1/12/32
|
| | | | 71,005 | | |
| | | 55,000 | | | |
Goodyear Tire & Rubber Co., Company Guaranteed Notes, 5.250% due
7/15/31 |
| | | | 49,636 | | |
| | | 392,000 | | | |
Hyundai Capital America, Senior Unsecured Notes, 5.300% due 1/8/29(e)
|
| | | | 391,076 | | |
| | | 80,000 | | | |
Installed Building Products Inc., Company Guaranteed Notes, 5.750% due
2/1/28(e) |
| | | | 78,619 | | |
| | | 65,000 | | | |
Light & Wonder International Inc., Company Guaranteed Notes, 7.250% due
11/15/29(e) |
| | | | 66,516 | | |
| | | 40,000 | | | |
Lions Gate Capital Holdings LLC, Company Guaranteed Notes, 5.500% due
4/15/29(e) |
| | | | 30,235 | | |
| | | 70,000 | | | |
Live Nation Entertainment Inc., Senior Secured Notes, 6.500% due 5/15/27(e)
|
| | | | 70,602 | | |
| | | 455,000 | | | |
Lowe’s Cos., Inc., Senior Unsecured Notes, 4.400% due 9/8/25
|
| | | | 449,405 | | |
| | | 100,000 | | | |
LSF9 Atlantis Holdings LLC/Victra Finance Corp., Senior Secured Notes,
7.750% due 2/15/26(e) |
| | | | 99,062 | | |
| | | 130,000 | | | |
M/I Homes Inc., Company Guaranteed Notes, 4.950% due 2/1/28
|
| | | | 123,755 | | |
| | | 65,000 | | | |
Macy’s Retail Holdings LLC, Company Guaranteed Notes, 5.875% due
4/1/29(e) |
| | | | 62,600 | | |
| | | 458,000 | | | |
Marriott International Inc., Senior Unsecured Notes, 2.850% due 4/15/31
|
| | | | 391,024 | | |
| | | 120,000 | | | |
Mattamy Group Corp., Senior Unsecured Notes, 4.625% due 3/1/30(e)
|
| | | | 107,686 | | |
| | | 190,000 | | | |
McDonald’s Corp., Senior Unsecured Notes, 5.450% due 8/14/53
|
| | | | 189,362 | | |
| | | 200,000 | | | |
Merlin Entertainments Group US Holdings Inc., Senior Secured Notes, 7.375%
due 2/15/31(e) |
| | | | 200,103 | | |
| | | | | | | Michaels Cos., Inc.: | | ||||||
| | | 80,000 | | | |
Senior Secured Notes, 5.250% due 5/1/28(e)
|
| | | | 62,112 | | |
| | | 70,000 | | | |
Senior Unsecured Notes, 7.875% due 5/1/29(e)
|
| | | | 45,199 | | |
| | | 100,000 | | | |
Midwest Gaming Borrower LLC/Midwest Gaming Finance Corp., Senior
Secured Notes, 4.875% due 5/1/29(e) |
| | | | 91,700 | | |
| | | 120,000 | | | |
Murphy Oil USA Inc., Company Guaranteed Notes, 4.750% due 9/15/29
|
| | | | 111,886 | | |
| | | | | | | NCL Corp., Ltd.: | | ||||||
| | | 85,000 | | | |
Company Guaranteed Notes, 5.875% due 3/15/26(e)
|
| | | | 83,024 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| CORPORATE BONDS & NOTES – (continued) | | ||||||||||||
| Consumer Cyclical – (continued) | | ||||||||||||
| | $ | 85,000 | | | |
Senior Secured Notes, 8.375% due 2/1/28(e)
|
| | | $ | 89,230 | | |
| | | 130,000 | | | |
Ontario Gaming GTA LP, Senior Secured Notes, 8.000% due 8/1/30(e)
|
| | | | 132,588 | | |
| | | | | | | O’Reilly Automotive Inc., Senior Unsecured Notes: | | ||||||
| | | 96,000 | | | |
5.750% due 11/20/26
|
| | | | 97,358 | | |
| | | 470,000 | | | |
4.700% due 6/15/32
|
| | | | 454,741 | | |
| | | 55,000 | | | |
Penn Entertainment Inc., Senior Unsecured Notes, 4.125% due 7/1/29(e)
|
| | | | 46,200 | | |
| | | 30,000 | | | |
Premier Entertainment Sub LLC/Premier Entertainment Finance Corp., Company
Guaranteed Notes, 5.625% due 9/1/29(e) |
| | | | 21,604 | | |
| | | | | | | Royal Caribbean Cruises Ltd., Senior Unsecured Notes: | | ||||||
| | | 135,000 | | | |
5.500% due 8/31/26(e)
|
| | | | 133,455 | | |
| | | 60,000 | | | |
6.250% due 3/15/32(e)(j)
|
| | | | 60,160 | | |
| | | 145,000 | | | |
Scientific Games Holdings LP/Scientific Games US FinCo Inc., Senior
Unsecured Notes, 6.625% due 3/1/30(e) |
| | | | 135,937 | | |
| | | 120,000 | | | |
Sonic Automotive Inc., Company Guaranteed Notes, 4.625% due 11/15/29(e)
|
| | | | 105,893 | | |
| | | 1,709,000 | | | |
Southwest Airlines Co., Senior Unsecured Notes, 5.125% due 6/15/27
|
| | | | 1,702,097 | | |
| | | 70,000 | | | |
SRS Distribution Inc., Senior Secured Notes, 4.625% due 7/1/28(e)
|
| | | | 65,288 | | |
| | | | | | | Staples Inc.: | | ||||||
| | | 45,000 | | | |
Senior Secured Notes, 7.500% due 4/15/26(e)
|
| | | | 43,264 | | |
| | | 35,000 | | | |
Senior Unsecured Notes, 10.750% due 4/15/27(e)
|
| | | | 32,025 | | |
| | | 70,000 | | | |
Station Casinos LLC, Company Guaranteed Notes, 4.625% due 12/1/31(e)
|
| | | | 62,236 | | |
| | | 2,675,000 | | | |
Steelcase Inc., Senior Unsecured Notes, 5.125% due 1/18/29
|
| | | | 2,518,089 | | |
| | | 120,000 | | | |
Suburban Propane Partners LP/Suburban Energy Finance Corp., Senior
Unsecured Notes, 5.000% due 6/1/31(e) |
| | | | 107,801 | | |
| | | 120,000 | | | |
Superior Plus LP/Superior General Partner Inc., Company Guaranteed Notes,
4.500% due 3/15/29(e) |
| | | | 108,600 | | |
| | | 50,000 | | | |
SWF Escrow Issuer Corp., Senior Unsecured Notes, 6.500% due 10/1/29(e)
|
| | | | 35,167 | | |
| | | | | | | Tapestry Inc., Senior Unsecured Notes: | | ||||||
| | | 165,000 | | | |
7.050% due 11/27/25
|
| | | | 168,080 | | |
| | | 50,000 | | | |
7.700% due 11/27/30
|
| | | | 53,017 | | |
| | | 531,523 | | | |
United Airlines 2012-1 Class A Pass-Through Trust, Pass-Thru Certificates,
4.150% due 4/11/24 |
| | | | 530,196 | | |
| | | 1,458,333 | | | |
United Airlines 2016-2 Class B Pass-Through Trust, Pass-Thru Certificates,
3.650% due 10/7/25 |
| | | | 1,396,204 | | |
| | | 165,000 | | | |
United Airlines Inc., Senior Secured Notes, 4.625% due 4/15/29(e)
|
| | | | 152,197 | | |
| | | 45,000 | | | |
Victoria’s Secret & Co., Company Guaranteed Notes, 4.625% due 7/15/29(e)
|
| | | | 37,958 | | |
| | | | | | | Viking Cruises Ltd.: | | ||||||
| | | 145,000 | | | |
Company Guaranteed Notes, 5.875% due 9/15/27(e)
|
| | | | 141,737 | | |
| | | 125,000 | | | |
Senior Unsecured Notes, 9.125% due 7/15/31(e)
|
| | | | 135,322 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| CORPORATE BONDS & NOTES – (continued) | | ||||||||||||
| Consumer Cyclical – (continued) | | ||||||||||||
| | $ | 5,000,000 | | | |
Volkswagen Group of America Finance LLC, Company Guaranteed Notes,
1.250% due 11/24/25(e) |
| | | $ | 4,655,921 | | |
| | | | | | | Warnermedia Holdings Inc., Company Guaranteed Notes: | | ||||||
| | | 305,000 | | | |
4.279% due 3/15/32
|
| | | | 269,067 | | |
| | | 2,075,000 | | | |
5.141% due 3/15/52
|
| | | | 1,686,136 | | |
| | | 20,000 | | | |
Wheel Pros Inc., Senior Unsecured Notes, 6.500% due 5/15/29(e)
|
| | | | 6,000 | | |
| | | 120,000 | | | |
Whirlpool Corp., Senior Unsecured Notes, 5.750% due 3/1/34
|
| | | | 119,102 | | |
| | | 155,000 | | | |
Wyndham Hotels & Resorts Inc., Company Guaranteed Notes, 4.375% due
8/15/28(e) |
| | | | 144,112 | | |
| | | | | | |
Total Consumer Cyclical
|
| | | | 25,396,306 | | |
| Consumer Non-cyclical – 1.7% | | ||||||||||||
| | | | | | | AbbVie Inc., Senior Unsecured Notes: | | ||||||
| | | 393,000 | | | |
3.850% due 6/15/24
|
| | | | 390,708 | | |
| | | 205,000 | | | |
4.950% due 3/15/31
|
| | | | 205,041 | | |
| | | 90,000 | | | |
5.400% due 3/15/54
|
| | | | 91,361 | | |
| | | 210,000 | | | |
5.500% due 3/15/64
|
| | | | 212,416 | | |
| | | 266,250 | | | |
Adani International Container Terminal Pvt Ltd., Senior Secured Notes, 3.000%
due 2/16/31(e) |
| | | | 228,136 | | |
| | | | | | | Adani Ports & Special Economic Zone Ltd., Senior Unsecured Notes: | | ||||||
| | | 200,000 | | | |
4.000% due 7/30/27
|
| | | | 182,768 | | |
| | | 200,000 | | | |
4.375% due 7/3/29
|
| | | | 178,139 | | |
| | | 60,000 | | | |
AdaptHealth LLC, Company Guaranteed Notes, 5.125% due 3/1/30(e)
|
| | | | 50,175 | | |
| | | 995,000 | | | |
Alcon Finance Corp., Company Guaranteed Notes, 2.750% due 9/23/26(e)
|
| | | | 934,006 | | |
| | | 105,000 | | | |
Allied Universal Holdco LLC, Senior Secured Notes, 7.875% due 2/15/31(e)
|
| | | | 104,273 | | |
| | | | | | | Allied Universal Holdco LLC/Allied Universal Finance Corp.: | | ||||||
| | | 48,000 | | | |
Senior Secured Notes, 6.625% due 7/15/26(e)
|
| | | | 47,855 | | |
| | | 90,000 | | | |
Senior Unsecured Notes, 9.750% due 7/15/27(e)
|
| | | | 89,687 | | |
| | | | | | | Amgen Inc., Senior Unsecured Notes: | | ||||||
| | | 135,000 | | | |
5.250% due 3/2/30
|
| | | | 136,003 | | |
| | | 2,765,000 | | | |
5.250% due 3/2/33
|
| | | | 2,757,418 | | |
| | | 395,000 | | | |
5.750% due 3/2/63
|
| | | | 395,037 | | |
| | | | | | | Archer-Daniels-Midland Co., Senior Unsecured Notes: | | ||||||
| | | 190,000 | | | |
2.900% due 3/1/32
|
| | | | 161,999 | | |
| | | 155,000 | | | |
4.500% due 8/15/33
|
| | | | 148,289 | | |
| | | 200,000 | | | |
Ashtead Capital Inc., Company Guaranteed Notes, 5.800% due 4/15/34(e)
|
| | | | 198,089 | | |
| | | 355,000 | | | |
Bacardi Ltd./Bacardi-Martini BV, Senior Unsecured Notes, 5.400% due
6/15/33(e) |
| | | | 349,188 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| CORPORATE BONDS & NOTES – (continued) | | ||||||||||||
| Consumer Non-cyclical – (continued) | | ||||||||||||
| | | | | | | BAT Capital Corp., Company Guaranteed Notes: | | ||||||
| | $ | 245,000 | | | |
5.834% due 2/20/31
|
| | | $ | 244,153 | | |
| | | 260,000 | | | |
4.540% due 8/15/47
|
| | | | 195,006 | | |
| | | 170,000 | | | |
Bausch + Lomb Corp., Senior Secured Notes, 8.375% due 10/1/28(e)
|
| | | | 177,650 | | |
| | | 45,000 | | | |
Bausch Health Americas Inc., Company Guaranteed Notes, 8.500% due
1/31/27(e) |
| | | | 25,606 | | |
| | | | | | | Bausch Health Cos., Inc.: | | ||||||
| | | 30,000 | | | |
Company Guaranteed Notes, 5.250% due 1/30/30(e)
|
| | | | 12,941 | | |
| | | 110,000 | | | |
Senior Secured Notes, 4.875% due 6/1/28(e)
|
| | | | 62,670 | | |
| | | 245,000 | | | |
Bayer US Finance LLC, Company Guaranteed Notes, 6.375% due 11/21/30(e)
|
| | | | 246,860 | | |
| | | | | | | Bristol-Myers Squibb Co., Senior Unsecured Notes: | | ||||||
| | | 295,000 | | | |
5.200% due 2/22/34
|
| | | | 297,397 | | |
| | | 85,000 | | | |
5.500% due 2/22/44
|
| | | | 86,022 | | |
| | | 550,000 | | | |
5.550% due 2/22/54
|
| | | | 556,520 | | |
| | | | | | | Cargill Inc., Senior Unsecured Notes: | | ||||||
| | | 660,000 | | | |
2.125% due 11/10/31(e)
|
| | | | 536,710 | | |
| | | 80,000 | | | |
4.000% due 6/22/32(e)
|
| | | | 73,839 | | |
| | | 320,000 | | | |
4.750% due 4/24/33(e)
|
| | | | 310,402 | | |
| | | 30,000 | | | |
Catalent Pharma Solutions Inc., Company Guaranteed Notes, 3.500% due
4/1/30(e) |
| | | | 28,895 | | |
| | | 450,000 | | | |
Centene Corp., Senior Unsecured Notes, 3.000% due 10/15/30
|
| | | | 384,466 | | |
| | | | | | | CHS/Community Health Systems Inc., Senior Secured Notes: | | ||||||
| | | 70,000 | | | |
6.000% due 1/15/29(e)
|
| | | | 60,200 | | |
| | | 85,000 | | | |
4.750% due 2/15/31(e)
|
| | | | 64,682 | | |
| | | 775,000 | | | |
Cigna Group, Senior Unsecured Notes, 5.000% due 5/15/29
|
| | | | 769,746 | | |
| | | 325,000 | | | |
CommonSpirit Health, Senior Secured Notes, 2.760% due 10/1/24
|
| | | | 319,453 | | |
| | | | | | | Conagra Brands Inc., Senior Unsecured Notes: | | ||||||
| | | 600,000 | | | |
5.300% due 10/1/26
|
| | | | 600,142 | | |
| | | 845,000 | | | |
4.850% due 11/1/28
|
| | | | 830,090 | | |
| | | 95,000 | | | |
Coty Inc., Senior Secured Notes, 5.000% due 4/15/26(e)
|
| | | | 93,100 | | |
| | | 170,000 | | | |
Coty Inc./HFC Prestige Products Inc./HFC Prestige International US LLC, Senior
Secured Notes, 6.625% due 7/15/30(e) |
| | | | 172,762 | | |
| | | | | | | CSL Finance PLC, Company Guaranteed Notes: | | ||||||
| | | 210,000 | | | |
4.050% due 4/27/29(e)
|
| | | | 200,429 | | |
| | | 185,000 | | | |
4.250% due 4/27/32(e)
|
| | | | 174,693 | | |
| | | | | | | CVS Health Corp., Senior Unsecured Notes: | | ||||||
| | | 210,000 | | | |
5.300% due 6/1/33
|
| | | | 208,486 | | |
| | | 947,000 | | | |
4.780% due 3/25/38
|
| | | | 860,549 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| CORPORATE BONDS & NOTES – (continued) | | ||||||||||||
| Consumer Non-cyclical – (continued) | | ||||||||||||
| | $ | 145,000 | | | |
4.125% due 4/1/40
|
| | | $ | 119,286 | | |
| | | 450,000 | | | |
2.700% due 8/21/40
|
| | | | 307,685 | | |
| | | 295,000 | | | |
5.875% due 6/1/53
|
| | | | 294,032 | | |
| | | 420,000 | | | |
Elevance Health Inc., Senior Unsecured Notes, 5.125% due 2/15/53
|
| | | | 396,827 | | |
| | | 20,000 | | | |
Encompass Health Corp., Company Guaranteed Notes, 4.750% due 2/1/30
|
| | | | 18,554 | | |
| | | 105,000 | | | |
ERAC USA Finance LLC, Company Guaranteed Notes, 5.000% due 2/15/29(e)
|
| | | | 104,341 | | |
| | | 171,860 | | | |
Fideicomiso PA Pacifico Tres, Senior Secured Notes, 8.250% due 1/15/35
|
| | | | 160,045 | | |
| | | 150,000 | | | |
Fortrea Holdings Inc., Senior Secured Notes, 7.500% due 7/1/30(e)
|
| | | | 153,375 | | |
| | | 400,000 | | | |
Frigorifico Concepcion SA, Senior Secured Notes, 7.700% due 7/21/28
|
| | | | 347,000 | | |
| | | | | | | Garda World Security Corp.: | | ||||||
| | | 115,000 | | | |
Senior Secured Notes, 4.625% due 2/15/27(e)
|
| | | | 109,843 | | |
| | | 85,000 | | | |
Senior Unsecured Notes, 6.000% due 6/1/29(e)
|
| | | | 74,390 | | |
| | | 150,000 | | | |
General Mills Inc., Senior Unsecured Notes, 4.950% due 3/29/33
|
| | | | 147,258 | | |
| | | | | | | Gilead Sciences Inc., Senior Unsecured Notes: | | ||||||
| | | 555,000 | | | |
1.650% due 10/1/30
|
| | | | 453,162 | | |
| | | 490,000 | | | |
5.250% due 10/15/33
|
| | | | 495,710 | | |
| | | 240,000 | | | |
Grifols SA, Senior Unsecured Notes, 4.750% due 10/15/28(e)
|
| | | | 199,872 | | |
| | | 305,000 | | | |
Haleon US Capital LLC, Company Guaranteed Notes, 3.375% due 3/24/27
|
| | | | 289,705 | | |
| | | | | | | HCA Inc., Company Guaranteed Notes: | | ||||||
| | | 65,000 | | | |
5.450% due 4/1/31
|
| | | | 64,693 | | |
| | | 450,000 | | | |
5.600% due 4/1/34
|
| | | | 448,021 | | |
| | | 210,000 | | | |
5.125% due 6/15/39
|
| | | | 195,150 | | |
| | | 215,000 | | | |
5.250% due 6/15/49
|
| | | | 193,597 | | |
| | | 80,000 | | | |
H-Food Holdings LLC/Hearthside Finance Co., Inc., Senior Unsecured Notes,
8.500% due 6/1/26(e) |
| | | | 3,200 | | |
| | | | | | | Humana Inc., Senior Unsecured Notes: | | ||||||
| | | 95,000 | | | |
5.750% due 12/1/28
|
| | | | 97,023 | | |
| | | 180,000 | | | |
5.875% due 3/1/33
|
| | | | 185,023 | | |
| | | 140,000 | | | |
IQVIA Inc., Senior Secured Notes, 6.250% due 2/1/29
|
| | | | 144,042 | | |
| | | | | | | Kaiser Foundation Hospitals, Unsecured Notes: | | ||||||
| | | 90,000 | | | |
2.810% due 6/1/41
|
| | | | 65,736 | | |
| | | 330,000 | | | |
3.002% due 6/1/51
|
| | | | 226,200 | | |
| | | 4,167,000 | | | |
Kraft Heinz Foods Co., Company Guaranteed Notes, 4.625% due 10/1/39
|
| | | | 3,763,196 | | |
| | | 90,000 | | | |
Kronos Acquisition Holdings Inc./KIK Custom Products Inc., Senior Secured
Notes, 5.000% due 12/31/26(e) |
| | | | 86,512 | | |
| | | 115,000 | | | |
Legacy LifePoint Health LLC, Senior Secured Notes, 4.375% due 2/15/27(e)
|
| | | | 106,676 | | |
| | | 75,000 | | | |
Legends Hospitality Holding Co. LLC/Legends Hospitality Co.-Issuer Inc.,
Senior Secured Notes, 5.000% due 2/1/26(e) |
| | | | 74,553 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| CORPORATE BONDS & NOTES – (continued) | | ||||||||||||
| Consumer Non-cyclical – (continued) | | ||||||||||||
| | $ | 40,000 | | | |
LifePoint Health Inc., Company Guaranteed Notes, 5.375% due 1/15/29(e)
|
| | | $ | 31,891 | | |
| | | 200,000 | | | |
MARB BondCo PLC, Company Guaranteed Notes, 3.950% due 1/29/31
|
| | | | 162,229 | | |
| | | 105,000 | | | |
Mavis Tire Express Services Topco Corp., Senior Unsecured Notes, 6.500% due
5/15/29(e) |
| | | | 98,484 | | |
| | | 450,000 | | | |
McKesson Corp., Senior Unsecured Notes, 5.100% due 7/15/33
|
| | | | 448,547 | | |
| | | 130,000 | | | |
Medline Borrower LP, Senior Unsecured Notes, 5.250% due 10/1/29(e)
|
| | | | 120,248 | | |
| | | 145,000 | | | |
Merck & Co., Inc., Senior Unsecured Notes, 4.500% due 5/17/33
|
| | | | 141,008 | | |
| | | 200,000 | | | |
Minerva Luxembourg SA, Company Guaranteed Notes, 4.375% due 3/18/31
|
| | | | 165,461 | | |
| | | 145,000 | | | |
ModivCare Escrow Issuer Inc., Senior Unsecured Notes, 5.000% due 10/1/29(e)
|
| | | | 106,937 | | |
| | | 895,000 | | | |
Mondelez International Inc., Senior Unsecured Notes, 1.500% due 2/4/31
|
| | | | 712,156 | | |
| | | 140,000 | | | |
Owens & Minor Inc., Company Guaranteed Notes, 6.625% due 4/1/30(e)
|
| | | | 135,280 | | |
| | | 20,000 | | | |
PECF USS Intermediate Holding III Corp., Senior Unsecured Notes, 8.000% due
11/15/29(e) |
| | | | 8,729 | | |
| | | 80,000 | | | |
Performance Food Group Inc., Company Guaranteed Notes, 4.250% due
8/1/29(e) |
| | | | 72,604 | | |
| | | 200,000 | | | |
Pfizer Investment Enterprises Pte Ltd., Company Guaranteed Notes, 5.300% due
5/19/53 |
| | | | 195,639 | | |
| | | | | | | Philip Morris International Inc., Senior Unsecured Notes: | | ||||||
| | | 150,000 | | | |
5.125% due 11/17/27
|
| | | | 150,254 | | |
| | | 195,000 | | | |
4.875% due 2/15/28
|
| | | | 193,926 | | |
| | | 755,000 | | | |
5.125% due 2/15/30
|
| | | | 751,346 | | |
| | | 270,000 | | | |
5.125% due 2/13/31
|
| | | | 265,924 | | |
| | | 455,000 | | | |
5.375% due 2/15/33
|
| | | | 452,821 | | |
| | | 435,000 | | | |
5.625% due 9/7/33
|
| | | | 439,645 | | |
| | | 199,000 | | | |
5.250% due 2/13/34
|
| | | | 194,423 | | |
| | | 45,000 | | | |
Post Holdings Inc., Company Guaranteed Notes, 5.500% due 12/15/29(e)
|
| | | | 43,057 | | |
| | | 60,000 | | | |
Prime Security Services Borrower LLC/Prime Finance Inc., Secured Notes,
6.250% due 1/15/28(e) |
| | | | 59,201 | | |
| | | 70,000 | | | |
Primo Water Holdings Inc., Company Guaranteed Notes, 4.375% due 4/30/29(e)
|
| | | | 63,507 | | |
| | | 488,000 | | | |
Quanta Services Inc., Senior Unsecured Notes, 2.350% due 1/15/32
|
| | | | 390,864 | | |
| | | | | | | Radiology Partners Inc.: | | ||||||
| | | 26,291 | | | |
Secured Notes, 9.781% due 2/15/30(d)(e)(k)
|
| | | | 23,399 | | |
| | | 35,856 | | | |
Senior Secured Notes, 8.500% due 1/31/29(d)(e)(k)
|
| | | | 34,467 | | |
| | | 55,000 | | | |
RegionalCare Hospital Partners Holdings Inc./LifePoint Health Inc., Company
Guaranteed Notes, 9.750% due 12/1/26(e) |
| | | | 54,984 | | |
| | | | | | | Royalty Pharma PLC, Company Guaranteed Notes: | | ||||||
| | | 1,030,000 | | | |
2.200% due 9/2/30
|
| | | | 847,893 | | |
| | | 5,000 | | | |
2.150% due 9/2/31
|
| | | | 3,991 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| CORPORATE BONDS & NOTES – (continued) | | ||||||||||||
| Consumer Non-cyclical – (continued) | | ||||||||||||
| | $ | 346,667 | | | |
Rutas 2 & 7 Finance Ltd., Senior Secured Notes, zero coupon, due 9/30/36
|
| | | $ | 233,567 | | |
| | | 110,000 | | | |
Select Medical Corp., Company Guaranteed Notes, 6.250% due 8/15/26(e)
|
| | | | 109,723 | | |
| | | 409,000 | | | |
Smithfield Foods Inc., Company Guaranteed Notes, 4.250% due 2/1/27(e)
|
| | | | 391,346 | | |
| | | 500,000 | | | |
Solventum Corp., Company Guaranteed Notes, 5.400% due 3/1/29(e)
|
| | | | 499,224 | | |
| | | 130,000 | | | |
Spectrum Brands Inc., Company Guaranteed Notes, 5.000% due 10/1/29(e)
|
| | | | 126,100 | | |
| | | 55,000 | | | |
Sutter Health, Unsecured Notes, 3.361% due 8/15/50
|
| | | | 40,350 | | |
| | | | | | | Sysco Corp., Company Guaranteed Notes: | | ||||||
| | | 207,000 | | | |
3.250% due 7/15/27
|
| | | | 195,329 | | |
| | | 265,000 | | | |
5.750% due 1/17/29
|
| | | | 271,116 | | |
| | | | | | | Tenet Healthcare Corp.: | | ||||||
| | | 90,000 | | | |
Company Guaranteed Notes, 6.125% due 10/1/28
|
| | | | 88,987 | | |
| | | 100,000 | | | |
Secured Notes, 6.250% due 2/1/27
|
| | | | 99,763 | | |
| | | 120,000 | | | |
Senior Secured Notes, 6.125% due 6/15/30
|
| | | | 118,843 | | |
| | | 468,000 | | | |
Triton Container International Ltd./TAL International Container Corp., Company
Guaranteed Notes, 3.250% due 3/15/32 |
| | | | 371,542 | | |
| | | 75,000 | | | |
Triton Water Holdings Inc., Senior Unsecured Notes, 6.250% due 4/1/29(e)
|
| | | | 65,474 | | |
| | | | | | | Tyson Foods Inc., Senior Unsecured Notes: | | ||||||
| | | 65,000 | | | |
5.400% due 3/15/29(j)
|
| | | | 64,993 | | |
| | | 225,000 | | | |
5.700% due 3/15/34(j)
|
| | | | 224,709 | | |
| | | 80,000 | | | |
United Natural Foods Inc., Company Guaranteed Notes, 6.750% due
10/15/28(e) |
| | | | 66,618 | | |
| | | | | | | UnitedHealth Group Inc., Senior Unsecured Notes: | | ||||||
| | | 135,000 | | | |
4.000% due 5/15/29
|
| | | | 129,857 | | |
| | | 290,000 | | | |
4.200% due 5/15/32
|
| | | | 273,286 | | |
| | | 310,000 | | | |
3.500% due 8/15/39
|
| | | | 250,381 | | |
| | | 85,000 | | | |
4.950% due 5/15/62
|
| | | | 78,573 | | |
| | | 145,000 | | | |
6.050% due 2/15/63
|
| | | | 157,031 | | |
| | | 45,000 | | | |
Upbound Group Inc., Company Guaranteed Notes, 6.375% due 2/15/29(e)
|
| | | | 43,070 | | |
| | | 120,000 | | | |
US Foods Inc., Company Guaranteed Notes, 7.250% due 1/15/32(e)
|
| | | | 123,887 | | |
| | | 120,000 | | | |
Viatris Inc., Company Guaranteed Notes, 1.650% due 6/22/25
|
| | | | 113,888 | | |
| | | 70,000 | | | |
VT Topco Inc., Senior Secured Notes, 8.500% due 8/15/30(e)
|
| | | | 73,006 | | |
| | | 80,000 | | | |
Wand NewCo 3 Inc., Senior Secured Notes, 7.625% due 1/30/32(e)
|
| | | | 82,200 | | |
| | | 55,000 | | | |
WASH Multifamily Acquisition Inc., Senior Secured Notes, 5.750% due
4/15/26(e) |
| | | | 53,350 | | |
| | | | | | |
Total Consumer Non-cyclical
|
| | | | 34,493,892 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| CORPORATE BONDS & NOTES – (continued) | | ||||||||||||
| Energy – 2.3% | | ||||||||||||
| | $ | 250,000 | | | |
Adaro Indonesia PT, Company Guaranteed Notes, 4.250% due 10/31/24
|
| | | $ | 245,014 | | |
| | | 65,000 | | | |
Aethon United BR LP/Aethon United Finance Corp., Senior Unsecured Notes,
8.250% due 2/15/26(e) |
| | | | 65,269 | | |
| | | | | | | AI Candelaria Spain SA, Senior Secured Notes: | | ||||||
| | | 206,250 | | | |
7.500% due 12/15/28
|
| | | | 198,041 | | |
| | | 250,000 | | | |
5.750% due 6/15/33(e)
|
| | | | 198,250 | | |
| | | | | | | Aker BP ASA, Senior Unsecured Notes: | | ||||||
| | | 150,000 | | | |
3.750% due 1/15/30(e)
|
| | | | 135,941 | | |
| | | 300,000 | | | |
4.000% due 1/15/31(e)
|
| | | | 271,041 | | |
| | | 145,000 | | | |
Antero Midstream Partners LP/Antero Midstream Finance Corp., Company
Guaranteed Notes, 5.750% due 3/1/27(e) |
| | | | 141,873 | | |
| | | 70,000 | | | |
Antero Resources Corp., Company Guaranteed Notes, 5.375% due 3/1/30(e)
|
| | | | 66,710 | | |
| | | 500,000 | | | |
BG Energy Capital PLC, Company Guaranteed Notes, 5.125% due 10/15/41(e)
|
| | | | 465,527 | | |
| | | 55,000 | | | |
Blue Racer Midstream LLC/Blue Racer Finance Corp., Senior Unsecured Notes,
7.625% due 12/15/25(e) |
| | | | 55,482 | | |
| | | | | | | BP Capital Markets America Inc., Company Guaranteed Notes: | | ||||||
| | | 260,000 | | | |
2.721% due 1/12/32
|
| | | | 220,617 | | |
| | | 3,005,000 | | | |
4.812% due 2/13/33
|
| | | | 2,931,635 | | |
| | | 3,443,000 | | | |
4.893% due 9/11/33
|
| | | | 3,376,661 | | |
| | | 70,000 | | | |
2.939% due 6/4/51
|
| | | | 45,841 | | |
| | | 140,000 | | | |
3.379% due 2/8/61
|
| | | | 94,287 | | |
| | | 95,000 | | | |
Callon Petroleum Co., Company Guaranteed Notes, 7.500% due 6/15/30(e)
|
| | | | 100,081 | | |
| | | 200,000 | | | |
Canacol Energy Ltd., Company Guaranteed Notes, 5.750% due 11/24/28
|
| | | | 136,020 | | |
| | | 145,000 | | | |
Canadian Natural Resources Ltd., Senior Unsecured Notes, 2.950% due
7/15/30 |
| | | | 125,968 | | |
| | | 70,000 | | | |
Cenovus Energy Inc., Senior Unsecured Notes, 2.650% due 1/15/32
|
| | | | 57,227 | | |
| | | 407,000 | | | |
Cheniere Energy Inc., Senior Unsecured Notes, 4.625% due 10/15/28
|
| | | | 390,671 | | |
| | | 250,000 | | | |
Cheniere Energy Partners LP, Company Guaranteed Notes, 4.500% due
10/1/29 |
| | | | 234,166 | | |
| | | 55,000 | | | |
Chesapeake Energy Corp., Company Guaranteed Notes, 5.875% due 2/1/29(e)
|
| | | | 54,406 | | |
| | | 130,000 | | | |
Chord Energy Corp., Company Guaranteed Notes, 6.375% due 6/1/26(e)
|
| | | | 130,162 | | |
| | | 150,000 | | | |
Civitas Resources Inc., Company Guaranteed Notes, 8.375% due 7/1/28(e)
|
| | | | 156,964 | | |
| | | 125,000 | | | |
CNX Midstream Partners LP, Company Guaranteed Notes, 4.750% due
4/15/30(e) |
| | | | 109,357 | | |
| | | 115,000 | | | |
CNX Resources Corp., Company Guaranteed Notes, 6.000% due 1/15/29(e)
|
| | | | 110,531 | | |
| | | | | | | Columbia Pipelines Holding Co. LLC, Senior Unsecured Notes: | | ||||||
| | | 215,000 | | | |
6.042% due 8/15/28(e)
|
| | | | 218,969 | | |
| | | 210,000 | | | |
5.681% due 1/15/34(e)
|
| | | | 205,956 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| CORPORATE BONDS & NOTES – (continued) | | ||||||||||||
| Energy – (continued) | | ||||||||||||
| | | | | | | Columbia Pipelines Operating Co. LLC, Senior Unsecured Notes: | | ||||||
| | $ | 565,000 | | | |
5.927% due 8/15/30(e)
|
| | | $ | 575,511 | | |
| | | 355,000 | | | |
6.036% due 11/15/33(e)
|
| | | | 364,515 | | |
| | | 195,000 | | | |
6.544% due 11/15/53(e)
|
| | | | 207,728 | | |
| | | | | | | ConocoPhillips Co., Company Guaranteed Notes: | | ||||||
| | | 410,000 | | | |
5.050% due 9/15/33
|
| | | | 408,730 | | |
| | | 336,000 | | | |
3.800% due 3/15/52
|
| | | | 257,567 | | |
| | | 215,000 | | | |
5.700% due 9/15/63
|
| | | | 219,618 | | |
| | | 300,000 | | | |
Cosan Overseas Ltd., Company Guaranteed Notes, 8.250%(i)
|
| | | | 303,000 | | |
| | | 250,000 | | | |
CQP Holdco LP/BIP-V Chinook Holdco LLC, Senior Secured Notes, 5.500%
due 6/15/31(e) |
| | | | 232,913 | | |
| | | 100,000 | | | |
CSI Compressco LP/CSI Compressco Finance Inc., Senior Secured Notes,
7.500% due 4/1/25(e) |
| | | | 100,100 | | |
| | | 335,000 | | | |
Diamondback Energy Inc., Company Guaranteed Notes, 6.250% due 3/15/33
|
| | | | 352,191 | | |
| | | 550,000 | | | |
Ecopetrol SA, Senior Unsecured Notes, 5.875% due 11/2/51
|
| | | | 389,240 | | |
| | | | | | | Enbridge Inc., Company Guaranteed Notes: | | ||||||
| | | 250,000 | | | |
6.000% due 11/15/28
|
| | | | 258,903 | | |
| | | 935,000 | | | |
5.700% due 3/8/33
|
| | | | 945,549 | | |
| | | 170,000 | | | |
2.500% due 8/1/33
|
| | | | 134,368 | | |
| | | | | | | Energy Transfer LP: | | ||||||
| | | | | | | Senior Unsecured Notes: | | ||||||
| | | 198,000 | | | |
4.750% due 1/15/26
|
| | | | 195,710 | | |
| | | 1,115,000 | | | |
6.400% due 12/1/30
|
| | | | 1,169,998 | | |
| | | 165,000 | | | |
5.550% due 5/15/34
|
| | | | 163,251 | | |
| | | 3,354,000 | | | |
4.900% due 3/15/35
|
| | | | 3,127,338 | | |
| | | 1,683,000 | | | |
5.950% due 10/1/43
|
| | | | 1,636,556 | | |
| | | 225,000 | | | |
Company Guaranteed Notes, 5.000% due 5/15/44
|
| | | | 195,221 | | |
| | | 85,000 | | | |
EQM Midstream Partners LP, Senior Unsecured Notes, 4.750% due 1/15/31(e)
|
| | | | 79,043 | | |
| | | 340,000 | | | |
Equinor ASA, Company Guaranteed Notes, 3.700% due 4/6/50
|
| | | | 265,547 | | |
| | | 335,923 | | | |
Galaxy Pipeline Assets Bidco Ltd., Senior Secured Notes, 2.940% due
9/30/40(e) |
| | | | 267,467 | | |
| | | 200,000 | | | |
Geopark Ltd., Company Guaranteed Notes, 5.500% due 1/17/27
|
| | | | 181,244 | | |
| | | 200,000 | | | |
Gran Tierra Energy International Holdings Ltd., Company Guaranteed Notes,
6.250% due 2/15/25 |
| | | | 185,044 | | |
| | | | | | | Greensaif Pipelines Bidco SARL, Senior Secured Notes: | | ||||||
| | | 780,000 | | | |
6.129% due 2/23/38(e)
|
| | | | 792,186 | | |
| | | 200,000 | | | |
6.510% due 2/23/42(e)
|
| | | | 206,123 | | |
| | | 171,358 | | | |
Guara Norte SARL, Senior Secured Notes, 5.198% due 6/15/34
|
| | | | 154,436 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| CORPORATE BONDS & NOTES – (continued) | | ||||||||||||
| Energy – (continued) | | ||||||||||||
| | | | | | | Gulfport Energy Corp., Company Guaranteed Notes: | | ||||||
| | $ | 158 | | | |
8.000% due 5/17/26
|
| | | $ | 161 | | |
| | | 56,206 | | | |
8.000% due 5/17/26(e)
|
| | | | 57,199 | | |
| | | 170,000 | | | |
Halliburton Co., Senior Unsecured Notes, 4.850% due 11/15/35
|
| | | | 163,494 | | |
| | | | | | | Hess Corp., Senior Unsecured Notes: | | ||||||
| | | 430,000 | | | |
7.300% due 8/15/31
|
| | | | 483,708 | | |
| | | 268,000 | | | |
7.125% due 3/15/33
|
| | | | 300,554 | | |
| | | 80,000 | | | |
Hess Midstream Operations LP, Company Guaranteed Notes, 5.500% due
10/15/30(e) |
| | | | 76,880 | | |
| | | | | | | Hilcorp Energy I LP/Hilcorp Finance Co., Senior Unsecured Notes: | | ||||||
| | | 150,000 | | | |
6.250% due 11/1/28(e)
|
| | | | 148,902 | | |
| | | 30,000 | | | |
8.375% due 11/1/33(e)
|
| | | | 32,227 | | |
| | | 402,000 | | | |
Kinder Morgan Inc., Company Guaranteed Notes, 5.200% due 6/1/33
|
| | | | 391,380 | | |
| | | 125,000 | | | |
Kodiak Gas Services LLC, Company Guaranteed Notes, 7.250% due 2/15/29(e)
|
| | | | 127,259 | | |
| | | | | | | MPLX LP, Senior Unsecured Notes: | | ||||||
| | | 168,000 | | | |
1.750% due 3/1/26
|
| | | | 156,729 | | |
| | | 210,000 | | | |
4.000% due 3/15/28
|
| | | | 201,348 | | |
| | | 350,000 | | | |
2.650% due 8/15/30
|
| | | | 297,998 | | |
| | | 60,000 | | | |
4.950% due 3/14/52
|
| | | | 51,494 | | |
| | | 85,000 | | | |
Nabors Industries Inc., Company Guaranteed Notes, 9.125% due 1/31/30(e)
|
| | | | 87,125 | | |
| | | 45,000 | | | |
Nabors Industries Ltd., Company Guaranteed Notes, 7.250% due 1/15/26(e)
|
| | | | 44,325 | | |
| | | 95,000 | | | |
NGL Energy Operating LLC/NGL Energy Finance Corp., Senior Secured Notes,
8.125% due 2/15/29(e) |
| | | | 95,896 | | |
| | | 45,000 | | | |
NGL Energy Partners LP/NGL Energy Finance Corp., Company Guaranteed
Notes, 7.500% due 4/15/26 |
| | | | 45,043 | | |
| | | 135,000 | | | |
NuStar Logistics LP, Company Guaranteed Notes, 6.000% due 6/1/26
|
| | | | 133,454 | | |
| | | | | | | Occidental Petroleum Corp., Senior Unsecured Notes: | | ||||||
| | | 4,720,000 | | | |
7.150% due 5/15/28
|
| | | | 4,930,128 | | |
| | | 551,000 | | | |
6.625% due 9/1/30
|
| | | | 579,872 | | |
| | | 128,000 | | | |
6.125% due 1/1/31
|
| | | | 131,295 | | |
| | | | | | | ONEOK Inc., Company Guaranteed Notes: | | ||||||
| | | 270,000 | | | |
4.350% due 3/15/29
|
| | | | 259,910 | | |
| | | 290,000 | | | |
3.100% due 3/15/30
|
| | | | 257,230 | | |
| | | 235,000 | | | |
6.100% due 11/15/32
|
| | | | 243,634 | | |
| | | 181,000 | | | |
6.625% due 9/1/53
|
| | | | 194,508 | | |
| | | 140,000 | | | |
Ovintiv Inc., Company Guaranteed Notes, 7.375% due 11/1/31
|
| | | | 152,574 | | |
| | | 70,000 | | | |
Parkland Corp., Company Guaranteed Notes, 4.625% due 5/1/30(e)
|
| | | | 63,942 | | |
| | | 60,000 | | | |
PBF Holding Co. LLC/PBF Finance Corp., Company Guaranteed Notes, 6.000%
due 2/15/28 |
| | | | 58,350 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| CORPORATE BONDS & NOTES – (continued) | | ||||||||||||
| Energy – (continued) | | ||||||||||||
| | $ | 140,000 | | | |
Permian Resources Operating LLC, Company Guaranteed Notes, 7.000% due
1/15/32(e) |
| | | $ | 143,749 | | |
| | | | | | | Petroleos del Peru SA, Senior Unsecured Notes: | | ||||||
| | | 200,000 | | | |
4.750% due 6/19/32
|
| | | | 156,437 | | |
| | | 200,000 | | | |
5.625% due 6/19/47
|
| | | | 136,130 | | |
| | | 250,000 | | | |
Petroleos Mexicanos, Company Guaranteed Notes, 6.750% due 9/21/47
|
| | | | 158,883 | | |
| | | | | | | Phillips 66 Co., Company Guaranteed Notes: | | ||||||
| | | 600,000 | | | |
5.300% due 6/30/33
|
| | | | 595,027 | | |
| | | 455,000 | | | |
5.650% due 6/15/54
|
| | | | 450,467 | | |
| | | 105,000 | | | |
Plains All American Pipeline LP/PAA Finance Corp., Senior Unsecured Notes,
3.550% due 12/15/29@ |
| | | | 95,264 | | |
| | | 256,000 | | | |
Sabine Pass Liquefaction LLC, Senior Secured Notes, 5.000% due 3/15/27
|
| | | | 254,094 | | |
| | | | | | | Shell International Finance BV, Company Guaranteed Notes: | | ||||||
| | | 450,000 | | | |
3.250% due 4/6/50
|
| | | | 320,188 | | |
| | | 365,000 | | | |
3.000% due 11/26/51
|
| | | | 245,347 | | |
| | | 65,000 | | | |
Sitio Royalties Operating Partnership LP/Sitio Finance Corp., Senior Unsecured
Notes, 7.875% due 11/1/28(e) |
| | | | 66,437 | | |
| | | 65,000 | | | |
Southwestern Energy Co., Company Guaranteed Notes, 4.750% due 2/1/32
|
| | | | 59,042 | | |
| | | 105,000 | | | |
SunCoke Energy Inc., Senior Secured Notes, 4.875% due 6/30/29(e)
|
| | | | 94,238 | | |
| | | | | | | Sunoco LP/Sunoco Finance Corp., Company Guaranteed Notes: | | ||||||
| | | 55,000 | | | |
6.000% due 4/15/27
|
| | | | 54,797 | | |
| | | 55,000 | | | |
4.500% due 5/15/29
|
| | | | 50,806 | | |
| | | 65,000 | | | |
Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp., Senior Unsecured
Notes, 7.375% due 2/15/29(e) |
| | | | 64,854 | | |
| | | | | | | Targa Resources Corp., Company Guaranteed Notes: | | ||||||
| | | 170,000 | | | |
6.150% due 3/1/29
|
| | | | 175,217 | | |
| | | 130,000 | | | |
6.125% due 3/15/33
|
| | | | 133,842 | | |
| | | 755,000 | | | |
Targa Resources Partners LP/Targa Resources Partners Finance Corp., Company
Guaranteed Notes, 4.000% due 1/15/32 |
| | | | 673,728 | | |
| | | 6,275,000 | | | |
Tennessee Gas Pipeline Co. LLC, Company Guaranteed Notes, 2.900% due
3/1/30(e) |
| | | | 5,451,676 | | |
| | | 155,000 | | | |
Transcontinental Gas Pipe Line Co. LLC, Senior Unsecured Notes, 3.250% due
5/15/30@ |
| | | | 139,422 | | |
| | | 60,000 | | | |
Transocean Inc., Company Guaranteed Notes, 8.000% due 2/1/27(e)
|
| | | | 58,571 | | |
| | | 77,625 | | | |
Transocean Poseidon Ltd., Senior Secured Notes, 6.875% due 2/1/27(e)
|
| | | | 77,361 | | |
| | | 308,149 | | | |
UEP Penonome II SA, Senior Secured Notes, 6.500% due 10/1/38(e)
|
| | | | 236,632 | | |
| | | | | | | Venture Global LNG Inc., Senior Secured Notes: | | ||||||
| | | 95,000 | | | |
8.125% due 6/1/28(e)
|
| | | | 96,511 | | |
| | | 65,000 | | | |
8.375% due 6/1/31(e)
|
| | | | 65,745 | | |
| | | 65,000 | | | |
9.875% due 2/1/32(e)
|
| | | | 68,437 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| CORPORATE BONDS & NOTES – (continued) | | ||||||||||||
| Energy – (continued) | | ||||||||||||
| | | | | | | Weatherford International Ltd.: | | ||||||
| | $ | 110,000 | | | |
Company Guaranteed Notes, 8.625% due 4/30/30(e)
|
| | | $ | 114,043 | | |
| | | 46,000 | | | |
Senior Secured Notes, 6.500% due 9/15/28(e)
|
| | | | 46,914 | | |
| | | | | | | Williams Cos., Inc., Senior Unsecured Notes: | | ||||||
| | | 310,000 | | | |
4.900% due 3/15/29
|
| | | | 305,847 | | |
| | | 475,000 | | | |
2.600% due 3/15/31
|
| | | | 400,534 | | |
| | | 65,000 | | | |
4.650% due 8/15/32
|
| | | | 61,837 | | |
| | | 325,000 | | | |
5.650% due 3/15/33
|
| | | | 330,478 | | |
| | | 200,000 | | | |
5.150% due 3/15/34
|
| | | | 195,273 | | |
| | | | | | |
Total Energy
|
| | | | 45,256,211 | | |
| Financial – 8.6% | | ||||||||||||
| | | | | | |
AerCap Ireland Capital DAC/AerCap Global Aviation Trust, Company
Guaranteed Notes: |
| | | | | | |
| | | 1,097,000 | | | |
1.650% due 10/29/24
|
| | | | 1,067,342 | | |
| | | 2,794,000 | | | |
6.450% due 4/15/27(e)
|
| | | | 2,859,827 | | |
| | | 319,000 | | | |
Air Lease Corp., Senior Unsecured Notes, 3.250% due 3/1/25
|
| | | | 311,436 | | |
| | | 303,000 | | | |
Alexandria Real Estate Equities Inc., Company Guaranteed Notes, 5.250% due
5/15/36 |
| | | | 290,866 | | |
| | | 100,000 | | | |
Alliant Holdings Intermediate LLC/Alliant Holdings Co.-Issuer, Senior
Unsecured Notes, 6.750% due 10/15/27(e) |
| | | | 97,152 | | |
| | | | | | | American Express Co., Senior Unsecured Notes: | | ||||||
| | | 378,000 | | | |
3.950% due 8/1/25
|
| | | | 371,367 | | |
| | | 285,000 | | | |
6.338% (SOFRRATE + 1.330%) due 10/30/26(b)
|
| | | | 289,337 | | |
| | | 325,000 | | | |
American Homes 4 Rent LP, Senior Unsecured Notes, 5.500% due 2/1/34
|
| | | | 318,723 | | |
| | | | | | | American Tower Corp., Senior Unsecured Notes: | | ||||||
| | | 320,000 | | | |
3.650% due 3/15/27
|
| | | | 305,837 | | |
| | | 249,000 | | | |
3.600% due 1/15/28
|
| | | | 234,694 | | |
| | | 1,680,000 | | | |
3.950% due 3/15/29
|
| | | | 1,576,752 | | |
| | | 315,000 | | | |
3.800% due 8/15/29
|
| | | | 291,508 | | |
| | | 2,618,000 | | | |
2.100% due 6/15/30
|
| | | | 2,154,313 | | |
| | | 100,000 | | | |
AmWINS Group Inc., Senior Unsecured Notes, 4.875% due 6/30/29(e)
|
| | | | 92,230 | | |
| | | 290,000 | | | |
Aon Corp., Company Guaranteed Notes, 2.800% due 5/15/30
|
| | | | 252,117 | | |
| | | 145,000 | | | |
Aon Corp./Aon Global Holdings PLC, Company Guaranteed Notes, 5.350% due
2/28/33 |
| | | | 144,620 | | |
| | | 605,000 | | | |
Aon North America Inc., Company Guaranteed Notes, 5.450% due 3/1/34(j)
|
| | | | 605,383 | | |
| | | 203,000 | | | |
Ares Capital Corp., Senior Unsecured Notes, 3.250% due 7/15/25
|
| | | | 194,985 | | |
| | | 85,000 | | | |
AssuredPartners Inc., Senior Unsecured Notes, 5.625% due 1/15/29(e)
|
| | | | 78,185 | | |
| | | 800,000 | | | |
Athene Global Funding, Secured Notes, 2.646% due 10/4/31(e)
|
| | | | 644,868 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| CORPORATE BONDS & NOTES – (continued) | | ||||||||||||
| Financial – (continued) | | ||||||||||||
| | | | | | | Athene Holding Ltd., Senior Unsecured Notes: | | ||||||
| | $ | 370,000 | | | |
5.875% due 1/15/34
|
| | | $ | 367,053 | | |
| | | 530,000 | | | |
3.950% due 5/25/51
|
| | | | 386,657 | | |
| | | 396,000 | | | |
Avolon Holdings Funding Ltd., Company Guaranteed Notes, 5.750% due
3/1/29(e) |
| | | | 390,287 | | |
| |
|
200,000
|
| | |
Banco Davivienda SA, Junior Subordinated Notes, 6.650% (5-Year CMT Index +
5.097%)(b)(e)(i) |
| | |
|
130,250
|
| |
| | | 150,000 | | | |
Banco de Credito del Peru SA, Subordinated Notes, 3.250% (5-Year CMT
Index + 2.450%) due 9/30/31(b) |
| | | | 138,326 | | |
| | | 400,000 | | | |
Banco do Brasil SA, Junior Subordinated Notes, 6.250% (5-Year CMT Index +
4.398%)(b)(i) |
| | | | 400,860 | | |
| | | 200,000 | | | |
Banco do Estado do Rio Grande do Sul SA, Subordinated Notes, 5.375% (5-Year
CMT Index + 4.928%) due 1/28/31(b)(e) |
| | | | 191,800 | | |
| | | 150,000 | | | |
Banco Industrial SA, Subordinated Notes, 4.875% (5-Year CMT Index + 4.442%)
due 1/29/31(b)(g) |
| | | | 143,930 | | |
| | | 300,000 | | | |
Banco Internacional del Peru SAA Interbank, Subordinated Notes, 4.000%
(5-Year CMT Index + 3.711%) due 7/8/30(b) |
| | | | 287,416 | | |
| | | 400,000 | | | |
Banco Mercantil del Norte SA, Junior Subordinated Notes, 7.625% (5-Year CMT
Index + 5.353%)(b)(i) |
| | | | 391,000 | | |
| | | 400,000 | | | |
Bancolombia SA, Subordinated Notes, 4.625% (5-Year CMT Index + 2.944%)
due 12/18/29(b) |
| | | | 374,954 | | |
| | | | | | | Bank of America Corp.: | | ||||||
| | | | | | | Senior Unsecured Notes: | | ||||||
| | | 78,000 | | | |
3.841% (SOFRRATE + 1.110%) due 4/25/25(b)
|
| | | | 77,762 | | |
| | | 118,000 | | | |
4.827% (SOFRRATE + 1.750%) due 7/22/26(b)
|
| | | | 117,008 | | |
| | | 290,000 | | | |
5.933% (SOFRRATE + 1.340%) due 9/15/27(b)
|
| | | | 293,880 | | |
| | | 710,000 | | | |
5.202% (SOFRRATE + 1.630%) due 4/25/29(b)
|
| | | | 706,154 | | |
| | | 725,000 | | | |
3.974% (3-Month TSFR + 1.472%) due 2/7/30(b)
|
| | | | 681,490 | | |
| | | 1,025,000 | | | |
2.592% (SOFRRATE + 2.150%) due 4/29/31(b)
|
| | | | 876,055 | | |
| | | 375,000 | | | |
1.898% (SOFRRATE + 1.530%) due 7/23/31(b)
|
| | | | 304,354 | | |
| | | 7,245,000 | | | |
1.922% (SOFRRATE + 1.370%) due 10/24/31(b)
|
| | | | 5,846,192 | | |
| | | 4,120,000 | | | |
2.687% (SOFRRATE + 1.320%) due 4/22/32(b)
|
| | | | 3,450,200 | | |
| | | 240,000 | | | |
2.572% (SOFRRATE + 1.210%) due 10/20/32(b)
|
| | | | 196,704 | | |
| | | 750,000 | | | |
2.972% (SOFRRATE + 1.330%) due 2/4/33(b)
|
| | | | 629,930 | | |
| | | 405,000 | | | |
5.468% (SOFRRATE + 1.650%) due 1/23/35(b)
|
| | | | 403,828 | | |
| | | 739,000 | | | |
Subordinated Notes, 2.482% (5-Year CMT Index + 1.200%) due 9/21/36(b)
|
| | | | 582,597 | | |
| | | 480,000 | | | |
Bank of Montreal, Subordinated Notes, 3.088% (5-Year CMT Index + 1.400%)
due 1/10/37(b) |
| | | | 388,573 | | |
| | | 820,000 | | | |
Bank of New York Mellon Corp., Senior Unsecured Notes, 6.317%
(SOFRRATE + 1.598%) due 10/25/29(b) |
| | | | 859,754 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| CORPORATE BONDS & NOTES – (continued) | | ||||||||||||
| Financial – (continued) | | ||||||||||||
| | | | | | | Barclays PLC, Senior Unsecured Notes: | | ||||||
| | $ | 5,000,000 | | | |
4.375% due 1/12/26
|
| | | $ | 4,898,214 | | |
| | | 300,000 | | | |
7.385% (1-Year CMT Index + 3.300%) due 11/2/28(b)
|
| | | | 317,151 | | |
| | | 215,000 | | | |
6.490% (SOFRRATE + 2.220%) due 9/13/29(b)
|
| | | | 221,619 | | |
| | | 400,000 | | | |
BBVA Bancomer SA, Subordinated Notes, 5.875% (5-Year CMT Index +
4.308%) due 9/13/34(b) |
| | | | 369,790 | | |
| | | 604,000 | | | |
Blackstone Holdings Finance Co. LLC, Company Guaranteed Notes, 2.000% due
1/30/32(e) |
| | | | 468,604 | | |
| | | | | | | BNP Paribas SA: | | ||||||
| | | 245,000 | | | |
Senior Preferred Notes, 5.335% (1-Year CMT Index + 1.500%) due
6/12/29(b)(e) |
| | | | 244,887 | | |
| | | 680,000 | | | |
Senior Unsecured Notes, 5.894% (SOFRRATE + 1.866%) due 12/5/34(b)(e)
|
| | | | 694,994 | | |
| | | | | | | Boston Properties LP, Senior Unsecured Notes: | | ||||||
| | | 3,000,000 | | | |
3.400% due 6/21/29
|
| | | | 2,647,551 | | |
| | | 2,975,000 | | | |
3.250% due 1/30/31
|
| | | | 2,506,715 | | |
| | | | | | | BPCE SA, Senior Non-Preferred Notes: | | ||||||
| | | 520,000 | | | |
2.045% (SOFRRATE + 1.087%) due 10/19/27(b)(e)
|
| | | | 471,919 | | |
| | | 865,000 | | | |
6.714% (SOFRRATE + 2.270%) due 10/19/29(b)(e)
|
| | | | 897,995 | | |
| | | 350,000 | | | |
5.716% (1-Year CMT Index + 1.959%) due 1/18/30(b)(e)
|
| | | | 348,514 | | |
| | | 910,000 | | | |
7.003% (SOFRRATE + 2.590%) due 10/19/34(b)(e)
|
| | | | 971,008 | | |
| | | | | | | Brighthouse Financial Global Funding, Senior Secured Notes: | | ||||||
| | | 138,000 | | | |
1.000% due 4/12/24(e)
|
| | | | 137,240 | | |
| | | 650,000 | | | |
1.750% due 1/13/25(e)
|
| | | | 626,747 | | |
| | | 334,000 | | | |
Brown & Brown Inc., Senior Unsecured Notes, 2.375% due 3/15/31
|
| | | | 273,449 | | |
| | | | | | | Capital One Financial Corp., Senior Unsecured Notes: | | ||||||
| | | 85,000 | | | |
1.878% (SOFRRATE + 0.855%) due 11/2/27(b)
|
| | | | 77,150 | | |
| | | 100,000 | | | |
5.468% (SOFRRATE + 2.080%) due 2/1/29(b)
|
| | | | 99,447 | | |
| | | 385,000 | | | |
6.312% (SOFRRATE + 2.640%) due 6/8/29(b)
|
| | | | 394,099 | | |
| | | 750,000 | | | |
3.273% (SOFRRATE + 1.790%) due 3/1/30(b)
|
| | | | 668,502 | | |
| | | 75,000 | | | |
5.247% (SOFRRATE + 2.600%) due 7/26/30(b)
|
| | | | 73,134 | | |
| | | 735,000 | | | |
7.624% (SOFRRATE + 3.070%) due 10/30/31(b)
|
| | | | 804,342 | | |
| | | | | | | Citigroup Inc., Senior Unsecured Notes: | | ||||||
| | | 823,000 | | | |
3.668% (3-Month TSFR + 1.652%) due 7/24/28(b)
|
| | | | 780,363 | | |
| | | 6,930,000 | | | |
2.520% (SOFRRATE + 1.177%) due 11/3/32(b)
|
| | | | 5,625,005 | | |
| | | 925,000 | | | |
Citigroup, Inc., Senior Unsecured Notes, 5.174% (SOFRRATE + 1.364%) due
2/13/30(b) |
| | | | 915,552 | | |
| | | 448,000 | | | |
Citizens Financial Group Inc., Senior Unsecured Notes, 5.841% (SOFRRATE +
2.010%) due 1/23/30(b) |
| | | | 442,636 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| CORPORATE BONDS & NOTES – (continued) | | ||||||||||||
| Financial – (continued) | | ||||||||||||
| | | | | | | Corebridge Financial Inc., Senior Unsecured Notes: | | ||||||
| | $ | 440,000 | | | |
3.850% due 4/5/29
|
| | | $ | 408,034 | | |
| | | 110,000 | | | |
6.050% due 9/15/33(e)
|
| | | | 112,302 | | |
| | | 350,000 | | | |
5.750% due 1/15/34
|
| | | | 348,949 | | |
| | | 295,000 | | | |
Credit Agricole SA, Senior Non-Preferred Notes, 6.316% (SOFRRATE +
1.860%) due 10/3/29(b)(e) |
| | | | 304,034 | | |
| | | | | | | Crown Castle Inc., Senior Unsecured Notes: | | ||||||
| | | 265,000 | | | |
3.800% due 2/15/28
|
| | | | 249,578 | | |
| | | 695,000 | | | |
4.800% due 9/1/28
|
| | | | 678,398 | | |
| | | 571,000 | | | |
4.300% due 2/15/29
|
| | | | 542,187 | | |
| | | 480,000 | | | |
5.600% due 6/1/29
|
| | | | 482,658 | | |
| | | 245,000 | | | |
3.100% due 11/15/29
|
| | | | 216,753 | | |
| | | 3,410,000 | | | |
2.100% due 4/1/31
|
| | | | 2,737,608 | | |
| |
|
200,000
|
| | |
Danske Bank AS, Senior Non-Preferred Notes, 5.705% (1-Year CMT Index +
1.400%) due 3/1/30(b)(e)(j) |
| | |
|
200,425
|
| |
| | | | | | | Deutsche Bank AG: | | ||||||
| | | | | | | Senior Non-Preferred Notes: | | ||||||
| | | 285,000 | | | |
6.720% (SOFRRATE + 3.180%) due 1/18/29(b)
|
| | | | 292,805 | | |
| | | 150,000 | | | |
6.819% (SOFRRATE + 2.510%) due 11/20/29(b)
|
| | | | 155,121 | | |
| | | 200,000 | | | |
Subordinated Notes, 3.742% (SOFRRATE + 2.257%) due 1/7/33(b)
|
| | | | 160,733 | | |
| | | 135,000 | | | |
Discover Financial Services, Senior Unsecured Notes, 7.964% (SOFRRATE +
3.370%) due 11/2/34(b) |
| | | | 151,210 | | |
| | | | | | | Equinix Inc., Senior Unsecured Notes: | | ||||||
| | | 215,000 | | | |
3.900% due 4/15/32
|
| | | | 195,064 | | |
| | | 375,000 | | | |
2.950% due 9/15/51
|
| | | | 238,197 | | |
| | | 1,110,000 | | | |
Equitable Financial Life Global Funding, Secured Notes, 1.800% due 3/8/28(e)
|
| | | | 972,812 | | |
| | | 80,000 | | | |
Equitable Holdings Inc., Senior Unsecured Notes, 4.350% due 4/20/28
|
| | | | 77,031 | | |
| | | 199,000 | | | |
Extra Space Storage LP, Company Guaranteed Notes, 5.400% due 2/1/34
|
| | | | 195,070 | | |
| | | 80,000 | | | |
Fifth Third Bancorp, Senior Unsecured Notes, 5.631% (SOFRRATE + 1.840%)
due 1/29/32(b) |
| | | | 79,284 | | |
| | | 6,134,000 | | | |
Five Corners Funding Trust II, Senior Unsecured Notes, 2.850% due 5/15/30(e)
|
| | | | 5,317,100 | | |
| | | 216,982 | | | |
Global Aircraft Leasing Co., Ltd., Senior Unsecured Notes, 6.500% due
9/15/24(e)(k) |
| | | | 206,133 | | |
| | | 345,000 | | | |
GLP Capital LP/GLP Financing II Inc., Company Guaranteed Notes, 5.300% due
1/15/29 |
| | | | 334,721 | | |
| | | | | | | Goldman Sachs Group Inc., Senior Unsecured Notes: | | ||||||
| | | 775,000 | | | |
6.739% (3-Month TSFR + 1.432%) due 5/15/26(b)
|
| | | | 780,757 | | |
| | | 125,000 | | | |
4.482% (SOFRRATE + 1.725%) due 8/23/28(b)
|
| | | | 121,878 | | |
| | | 300,000 | | | |
1.992% (SOFRRATE + 1.090%) due 1/27/32(b)
|
| | | | 240,551 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| CORPORATE BONDS & NOTES – (continued) | | ||||||||||||
| Financial – (continued) | | ||||||||||||
| | $ | 1,255,000 | | | |
2.615% (SOFRRATE + 1.281%) due 4/22/32(b)
|
| | | $ | 1,043,508 | | |
| | | 645,000 | | | |
2.383% (SOFRRATE + 1.248%) due 7/21/32(b)
|
| | | | 524,891 | | |
| | | 480,000 | | | |
Guardian Life Global Funding, Secured Notes, 1.250% due 5/13/26(e)
|
| | | | 439,778 | | |
| | | 65,000 | | | |
Hightower Holding LLC, Company Guaranteed Notes, 6.750% due 4/15/29(e)
|
| | | | 61,001 | | |
| | | 443,000 | | | |
Host Hotels & Resorts LP, Senior Unsecured Notes, 3.500% due 9/15/30
|
| | | | 390,645 | | |
| | | | | | | HSBC Holdings PLC: | | ||||||
| | | | | | | Senior Unsecured Notes: | | ||||||
| | | 440,000 | | | |
5.887% (SOFRRATE + 1.570%) due 8/14/27(b)
|
| | | | 442,919 | | |
| | | 310,000 | | | |
5.210% (SOFRRATE + 2.610%) due 8/11/28(b)
|
| | | | 306,994 | | |
| | | 210,000 | | | |
6.161% (SOFRRATE + 1.970%) due 3/9/29(b)
|
| | | | 214,560 | | |
| | | 350,000 | | | |
4.583% (3-Month TSFR + 1.796%) due 6/19/29(b)
|
| | | | 336,720 | | |
| | | 620,000 | | | |
2.206% (SOFRRATE + 1.285%) due 8/17/29(b)
|
| | | | 538,279 | | |
| | | 690,000 | | | |
5.402% (SOFRRATE + 2.870%) due 8/11/33(b)
|
| | | | 678,040 | | |
| | | | | | | Subordinated Notes: | | ||||||
| | | 395,000 | | | |
6.547% (SOFRRATE + 2.980%) due 6/20/34(b)
|
| | | | 404,284 | | |
| | | 580,000 | | | |
7.399% (SOFRRATE + 3.020%) due 11/13/34(b)
|
| | | | 621,830 | | |
| | | 65,000 | | | |
HUB International Ltd., Senior Secured Notes, 7.250% due 6/15/30(e)
|
| | | | 66,307 | | |
| | | 120,000 | | | |
Huntington Bancshares Inc., Senior Unsecured Notes, 6.208% (SOFRRATE +
2.020%) due 8/21/29(b) |
| | | | 122,023 | | |
| | | 500,000 | | | |
Huntington National Bank, Senior Unsecured Notes, 5.650% due 1/10/30
|
| | | | 498,374 | | |
| | | | | | | Intesa Sanpaolo SpA, Senior Preferred Notes: | | ||||||
| | | 530,000 | | | |
6.625% due 6/20/33(e)
|
| | | | 535,814 | | |
| | | 440,000 | | | |
7.800% due 11/28/53(e)
|
| | | | 475,347 | | |
| | | | | | | Iron Mountain Inc., Company Guaranteed Notes: | | ||||||
| | | 155,000 | | | |
7.000% due 2/15/29(e)
|
| | | | 157,337 | | |
| | | 80,000 | | | |
4.500% due 2/15/31(e)
|
| | | | 70,795 | | |
| | | 200,000 | | | |
Itau Unibanco Holding SA, Junior Subordinated Notes, 4.625% (5-Year CMT
Index + 3.222%)(b)(i) |
| | | | 185,447 | | |
| | | | | | | JPMorgan Chase & Co., Senior Unsecured Notes: | | ||||||
| | | 310,000 | | | |
3.960% (3-Month TSFR + 1.507%) due 1/29/27(b)
|
| | | | 302,651 | | |
| | | 375,000 | | | |
6.070% (SOFRRATE + 1.330%) due 10/22/27(b)
|
| | | | 382,208 | | |
| | | 197,000 | | | |
4.851% (SOFRRATE + 1.990%) due 7/25/28(b)
|
| | | | 194,817 | | |
| | | 730,000 | | | |
3.509% (3-Month TSFR + 1.207%) due 1/23/29(b)
|
| | | | 687,576 | | |
| | | 605,000 | | | |
5.299% (SOFRRATE + 1.450%) due 7/24/29(b)
|
| | | | 606,543 | | |
| | | 746,000 | | | |
2.580% (3-Month TSFR + 1.250%) due 4/22/32(b)
|
| | | | 624,182 | | |
| | | 5,350,000 | | | |
2.545% (SOFRRATE + 1.180%) due 11/8/32(b)
|
| | | | 4,405,388 | | |
| | | 461,000 | | | |
2.963% (SOFRRATE + 1.260%) due 1/25/33(b)
|
| | | | 389,357 | | |
| | | 3,735,000 | | | |
5.336% (SOFRRATE + 1.620%) due 1/23/35(b)
|
| | | | 3,714,938 | | |
| | | 1,324,000 | | | |
KeyBank NA, Senior Unsecured Notes, 5.000% due 1/26/33
|
| | | | 1,208,650 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| CORPORATE BONDS & NOTES – (continued) | | ||||||||||||
| Financial – (continued) | | ||||||||||||
| | $ | 90,000 | | | |
LFS Topco LLC, Company Guaranteed Notes, 5.875% due 10/15/26(e)
|
| | | $ | 83,197 | | |
| | | | | | | M&T Bank Corp., Senior Unsecured Notes: | | ||||||
| | | 540,000 | | | |
7.413% (SOFRRATE + 2.800%) due 10/30/29(b)
|
| | | | 565,854 | | |
| | | 715,000 | | | |
5.053% (SOFRRATE + 1.850%) due 1/27/34(b)
|
| | | | 656,415 | | |
| | | 523,000 | | | |
Macquarie Group Ltd., Senior Unsecured Notes, 2.871% (SOFRRATE + 1.532%)
due 1/14/33(b)(e) |
| | | | 430,346 | | |
| | | 1,015,000 | | | |
Manufacturers & Traders Trust Co., Senior Unsecured Notes, 4.700% due
1/27/28 |
| | | | 976,476 | | |
| | | 235,000 | | | |
Marsh & McLennan Cos., Inc., Senior Unsecured Notes, 4.750% due 3/15/39
|
| | | | 222,480 | | |
| | | 444,000 | | | |
Massachusetts Mutual Life Insurance Co., Subordinated Notes, 3.375% due
4/15/50(e) |
| | | | 304,608 | | |
| | | | | | | MetLife Inc., Senior Unsecured Notes: | | ||||||
| | | 330,000 | | | |
5.375% due 7/15/33
|
| | | | 331,359 | | |
| | | 405,000 | | | |
5.250% due 1/15/54
|
| | | | 391,285 | | |
| | | 1,070,000 | | | |
Metropolitan Life Global Funding I, Secured Notes, 2.400% due 1/11/32(e)
|
| | | | 871,111 | | |
| | | | | | | Morgan Stanley: | | ||||||
| | | | | | | Senior Unsecured Notes: | | ||||||
| | | 7,000,000 | | | |
3.772% (3-Month TSFR + 1.402%) due 1/24/29(b)
|
| | | | 6,618,567 | | |
| | | 155,000 | | | |
5.164% (SOFRRATE + 1.590%) due 4/20/29(b)
|
| | | | 154,114 | | |
| | | 180,000 | | | |
5.449% (SOFRRATE + 1.630%) due 7/20/29(b)
|
| | | | 180,685 | | |
| | | 465,000 | | | |
6.407% (SOFRRATE + 1.830%) due 11/1/29(b)
|
| | | | 485,390 | | |
| | | 3,135,000 | | | |
2.699% (SOFRRATE + 1.143%) due 1/22/31(b)
|
| | | | 2,715,686 | | |
| | | 485,000 | | | |
1.928% (SOFRRATE + 1.020%) due 4/28/32(b)
|
| | | | 384,514 | | |
| | | 185,000 | | | |
2.511% (SOFRRATE + 1.200%) due 10/20/32(b)
|
| | | | 151,484 | | |
| | | 993,000 | | | |
Subordinated Notes, 2.484% (SOFRRATE + 1.360%) due 9/16/36(b)
|
| | | | 778,319 | | |
| | | 145,000 | | | |
Nationstar Mortgage Holdings Inc., Company Guaranteed Notes, 5.750% due
11/15/31(e) |
| | | | 132,850 | | |
| | | 100,000 | | | |
Navient Corp., Senior Unsecured Notes, 5.000% due 3/15/27
|
| | | | 94,798 | | |
| | | | | | | OneMain Finance Corp., Company Guaranteed Notes: | | ||||||
| | | 115,000 | | | |
7.125% due 3/15/26
|
| | | | 116,868 | | |
| | | 90,000 | | | |
5.375% due 11/15/29
|
| | | | 83,514 | | |
| | | 2,420,000 | | | |
Ontario Teachers’ Cadillac Fairview Properties Trust, Senior Unsecured Notes,
2.500% due 10/15/31(e) |
| | | | 1,919,156 | | |
| | | 200,000 | | | |
Oversea-Chinese Banking Corp., Ltd., Subordinated Notes, 1.832% (5-Year CMT
Index + 1.580%) due 9/10/30(b) |
| | | | 188,434 | | |
| | | 95,000 | | | |
Park Intermediate Holdings LLC/PK Domestic Property LLC/PK Finance
Co.-Issuer, Senior Secured Notes, 4.875% due 5/15/29(e) |
| | | | 87,281 | | |
| | | | | | | PennyMac Financial Services Inc., Company Guaranteed Notes: | | ||||||
| | | 45,000 | | | |
4.250% due 2/15/29(e)
|
| | | | 40,571 | | |
| | | 80,000 | | | |
7.875% due 12/15/29(e)
|
| | | | 81,889 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| CORPORATE BONDS & NOTES – (continued) | | ||||||||||||
| Financial – (continued) | | ||||||||||||
| | | | | | | PNC Financial Services Group Inc., Senior Unsecured Notes: | | ||||||
| | $ | 335,000 | | | |
5.300% (SOFRRATE + 1.342%) due 1/21/28(b)
|
| | | $ | 334,582 | | |
| | | 245,000 | | | |
5.676% (SOFRRATE + 1.902%) due 1/22/35(b)
|
| | | | 245,706 | | |
| | | 425,000 | | | |
Principal Financial Group Inc., Company Guaranteed Notes, 5.375% due
3/15/33 |
| | | | 428,129 | | |
| | | 360,000 | | | |
Principal Life Global Funding II, Senior Secured Notes, 5.100% due 1/25/29(e)
|
| | | | 357,115 | | |
| | | 95,000 | | | |
Prologis Targeted US Logistics Fund LP, Company Guaranteed Notes, 5.250%
due 4/1/29(e)(g) |
| | | | 94,503 | | |
| | | 230,000 | | | |
Protective Life Global Funding, Secured Notes, 5.467% due 12/8/28(e)
|
| | | | 232,681 | | |
| | | 65,000 | | | |
Realogy Group LLC/Realogy Co.-Issuer Corp., Company Guaranteed Notes,
5.250% due 4/15/30(e) |
| | | | 45,528 | | |
| | | 200,000 | | | |
Realty Income Corp., Senior Unsecured Notes, 5.050% due 1/13/26
|
| | | | 199,139 | | |
| | | 99,000 | | | |
Royal Bank of Canada, Senior Unsecured Notes, 5.150% due 2/1/34
|
| | | | 97,487 | | |
| | | 2,575,000 | | | |
SBA Tower Trust, Asset Backed, 1.631% due 11/15/26(e)
|
| | | | 2,312,217 | | |
| | | 1,905,000 | | | |
Simon Property Group LP, Senior Unsecured Notes, 2.200% due 2/1/31
|
| | | | 1,562,231 | | |
| | | | | | | Societe Generale SA: | | ||||||
| | | 605,000 | | | |
Senior Unsecured Notes, 6.066% (1-Year CMT Index + 2.100%) due
1/19/35(b)(e) |
| | | | 596,126 | | |
| | | 1,335,000 | | | |
Subordinated Notes, 6.221% (1-Year CMT Index + 3.200%) due
6/15/33(b)(e) |
| | | | 1,308,791 | | |
| | | | | | | Standard Chartered PLC, Senior Unsecured Notes: | | ||||||
| | | 565,000 | | | |
7.767% (1-Year CMT Index + 3.450%) due 11/16/28(b)(e)
|
| | | | 601,698 | | |
| | | 215,000 | | | |
7.018% (1-Year CMT Index + 2.200%) due 2/8/30(b)(e)
|
| | | | 226,033 | | |
| | | 239,000 | | | |
Sun Communities Operating LP, Company Guaranteed Notes, 2.700% due
7/15/31 |
| | | | 194,925 | | |
| | | | | | | Toronto-Dominion Bank, Senior Unsecured Notes: | | ||||||
| | | 395,000 | | | |
4.693% due 9/15/27
|
| | | | 390,519 | | |
| | | 2,638,000 | | | |
3.200% due 3/10/32
|
| | | | 2,300,432 | | |
| | | 3,050,000 | | | |
4.456% due 6/8/32
|
| | | | 2,908,168 | | |
| | | 3,295,000 | | | |
Truist Financial Corp., Senior Unsecured Notes, 5.122% (SOFRRATE + 1.852%)
due 1/26/34(b) |
| | | | 3,125,531 | | |
| | | | | | | UBS Group AG, Senior Unsecured Notes: | | ||||||
| | | 435,000 | | | |
4.751% (1-Year CMT Index + 1.750%) due 5/12/28(b)(e)
|
| | | | 424,268 | | |
| | | 260,000 | | | |
6.442% (SOFRRATE + 3.700%) due 8/11/28(b)(e)
|
| | | | 267,218 | | |
| | | 330,000 | | | |
6.246% (1-Year CMT Index + 1.800%) due 9/22/29(b)(e)
|
| | | | 338,965 | | |
| | | 225,000 | | | |
5.428% (1-Year CMT Index + 1.520%) due 2/8/30(b)(e)
|
| | | | 223,496 | | |
| | | 5,305,000 | | | |
4.194% (SOFRRATE + 3.730%) due 4/1/31(b)(e)
|
| | | | 4,879,013 | | |
| | | 200,000 | | | |
2.095% (1-Year CMT Index + 1.000%) due 2/11/32(b)(e)
|
| | | | 157,910 | | |
| | | 3,600,000 | | | |
2.746% (1-Year CMT Index + 1.100%) due 2/11/33(b)(e)
|
| | | | 2,899,797 | | |
| | | 1,420,000 | | | |
6.537% (SOFRRATE + 3.920%) due 8/12/33(b)(e)
|
| | | | 1,480,856 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| CORPORATE BONDS & NOTES – (continued) | | ||||||||||||
| Financial – (continued) | | ||||||||||||
| | $ | 5,160,000 | | | |
UDR Inc., Company Guaranteed Notes, 3.200% due 1/15/30
|
| | | $ | 4,615,282 | | |
| | | 423,000 | | | |
Unifin Financiera SAB de CV, Junior Subordinated Notes, 8.875% (5-Year CMT
Index + 6.308%)(d)(i)(l) |
| | | | 42 | | |
| | | 65,000 | | | |
Uniti Group LP/Uniti Group Finance Inc./CSL Capital LLC, Senior Secured
Notes, 10.500% due 2/15/28(e) |
| | | | 67,281 | | |
| | | 6,006,000 | | | |
US Bancorp, Subordinated Notes, 2.491% (5-Year CMT Index + 0.950%) due
11/3/36(b) |
| | | | 4,641,115 | | |
| | | 5,650,000 | | | |
Ventas Realty LP, Company Guaranteed Notes, 3.850% due 4/1/27
|
| | | | 5,383,232 | | |
| | | 270,000 | | | |
VICI Properties LP, Senior Unsecured Notes, 4.950% due 2/15/30
|
| | | | 257,045 | | |
| | | | | | | Wells Fargo & Co., Senior Unsecured Notes: | | ||||||
| | | 385,000 | | | |
3.000% due 4/22/26
|
| | | | 367,293 | | |
| | | 395,000 | | | |
3.908% (SOFRRATE + 1.320%) due 4/25/26(b)
|
| | | | 387,306 | | |
| | | 1,130,000 | | | |
3.526% (SOFRRATE + 1.510%) due 3/24/28(b)
|
| | | | 1,071,378 | | |
| | | 412,000 | | | |
3.584% (3-Month TSFR + 1.572%) due 5/22/28(b)
|
| | | | 390,560 | | |
| | | 610,000 | | | |
4.808% (SOFRRATE + 1.980%) due 7/25/28(b)
|
| | | | 599,064 | | |
| | | 395,000 | | | |
5.574% (SOFRRATE + 1.740%) due 7/25/29(b)
|
| | | | 397,587 | | |
| | | 395,000 | | | |
2.879% (3-Month TSFR + 1.432%) due 10/30/30(b)
|
| | | | 346,406 | | |
| | | 585,000 | | | |
2.572% (3-Month TSFR + 1.262%) due 2/11/31(b)
|
| | | | 498,757 | | |
| | | 955,000 | | | |
3.350% (SOFRRATE + 1.500%) due 3/2/33(b)
|
| | | | 819,692 | | |
| | | 490,000 | | | |
4.897% (SOFRRATE + 2.100%) due 7/25/33(b)
|
| | | | 468,513 | | |
| | | 5,870,000 | | | |
5.389% (SOFRRATE + 2.020%) due 4/24/34(b)
|
| | | | 5,773,376 | | |
| | | 280,000 | | | |
6.491% (SOFRRATE + 2.060%) due 10/23/34(b)
|
| | | | 297,783 | | |
| | | 295,000 | | | |
5.499% (SOFRRATE + 1.780%) due 1/23/35(b)
|
| | | | 293,052 | | |
| | | 230,000 | | | |
5.013% (3-Month TSFR + 4.502%) due 4/4/51(b)
|
| | | | 212,680 | | |
| | | | | | | Welltower OP LLC, Company Guaranteed Notes: | | ||||||
| | | 451,000 | | | |
2.050% due 1/15/29
|
| | | | 390,641 | | |
| | | 5,725,000 | | | |
2.750% due 1/15/32
|
| | | | 4,762,475 | | |
| | | 481,000 | | | |
Westpac Banking Corp., Subordinated Notes, 3.020% (5-Year CMT Index +
1.530%) due 11/18/36(b) |
| | | | 391,298 | | |
| | | 650,000 | | | |
Willis North America Inc., Company Guaranteed Notes, 2.950% due 9/15/29
|
| | | | 578,282 | | |
| | | | | | | XHR LP, Senior Secured Notes: | | ||||||
| | | 100,000 | | | |
6.375% due 8/15/25(e)
|
| | | | 100,120 | | |
| | | 95,000 | | | |
4.875% due 6/1/29(e)
|
| | | | 87,733 | | |
| | | | | | |
Total Financial
|
| | | | 173,684,087 | | |
| Industrial – 0.9% | | ||||||||||||
| | | 70,000 | | | |
AAR Escrow Issuer LLC, Senior Unsecured Notes, 6.750% due 3/15/29(e)(j)
|
| | | | 70,662 | | |
| | | 170,000 | | | |
Advanced Drainage Systems Inc., Company Guaranteed Notes, 6.375% due
6/15/30(e) |
| | | | 169,994 | | |
| | | 331,000 | | | |
Arrow Electronics Inc., Senior Unsecured Notes, 3.875% due 1/12/28
|
| | | | 312,694 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| CORPORATE BONDS & NOTES – (continued) | | ||||||||||||
| Industrial – (continued) | | ||||||||||||
| | $ | 50,000 | | | |
Artera Services LLC, Senior Secured Notes, 8.500% due 2/15/31(e)
|
| | | $ | 51,078 | | |
| | | 390,483 | | | |
Bioceanico Sovereign Certificate Ltd., Senior Secured Notes, zero coupon, due
6/5/34 |
| | | | 282,514 | | |
| | | | | | | Boeing Co., Senior Unsecured Notes: | | ||||||
| | | 305,000 | | | |
5.040% due 5/1/27
|
| | | | 302,125 | | |
| | | 223,000 | | | |
2.950% due 2/1/30
|
| | | | 195,448 | | |
| | | 160,000 | | | |
5.150% due 5/1/30
|
| | | | 157,323 | | |
| | | 450,000 | | | |
5.805% due 5/1/50
|
| | | | 433,746 | | |
| | | 225,000 | | | |
5.930% due 5/1/60
|
| | | | 215,412 | | |
| | | 110,000 | | | |
Bombardier Inc., Senior Unsecured Notes, 8.750% due 11/15/30(e)
|
| | | | 115,226 | | |
| | | 70,000 | | | |
Brand Industrial Services Inc., Senior Secured Notes, 10.375% due 8/1/30(e)
|
| | | | 74,440 | | |
| | | 100,000 | | | |
Builders FirstSource Inc., Company Guaranteed Notes, 6.375% due 6/15/32(e)
|
| | | | 99,984 | | |
| | | | | | | Carrier Global Corp., Senior Unsecured Notes: | | ||||||
| | | 45,000 | | | |
5.900% due 3/15/34
|
| | | | 46,681 | | |
| | | 45,000 | | | |
6.200% due 3/15/54
|
| | | | 49,117 | | |
| |
|
200,000
|
| | |
Cemex SAB de CV, Subordinated Notes, 9.125% (5-Year CMT Index +
5.157%)(b)(e)(i) |
| | |
|
213,294
|
| |
| | | 45,000 | | | |
Clean Harbors Inc., Company Guaranteed Notes, 5.125% due 7/15/29(e)
|
| | | | 43,379 | | |
| | | 55,000 | | | |
Clydesdale Acquisition Holdings Inc., Senior Secured Notes, 6.625% due
4/15/29(e) |
| | | | 54,682 | | |
| | | 60,000 | | | |
Coherent Corp., Company Guaranteed Notes, 5.000% due 12/15/29(e)
|
| | | | 55,950 | | |
| | | 75,000 | | | |
Cornerstone Building Brands Inc., Company Guaranteed Notes, 6.125% due
1/15/29(e) |
| | | | 67,594 | | |
| | | 544,000 | | | |
CSX Corp., Senior Unsecured Notes, 3.350% due 9/15/49
|
| | | | 390,447 | | |
| | | 1,115,000 | | | |
DAE Funding LLC, Company Guaranteed Notes, 1.550% due 8/1/24(e)
|
| | | | 1,093,607 | | |
| | | 115,000 | | | |
EMRLD Borrower LP/Emerald Co.-Issuer Inc., Senior Secured Notes, 6.625%
due 12/15/30(e) |
| | | | 115,402 | | |
| | | 60,000 | | | |
Energizer Holdings Inc., Company Guaranteed Notes, 6.500% due 12/31/27(e)
|
| | | | 59,497 | | |
| | | 155,000 | | | |
Fortress Transportation & Infrastructure Investors LLC, Company Guaranteed
Notes, 7.875% due 12/1/30(e) |
| | | | 162,518 | | |
| | | 65,000 | | | |
GFL Environmental Inc., Senior Secured Notes, 6.750% due 1/15/31(e)
|
| | | | 66,486 | | |
| | | 50,000 | | | |
GrafTech Finance Inc., Senior Secured Notes, 4.625% due 12/15/28(e)
|
| | | | 32,866 | | |
| | | 115,000 | | | |
Griffon Corp., Company Guaranteed Notes, 5.750% due 3/1/28
|
| | | | 111,262 | | |
| | | 135,000 | | | |
Husky Injection Molding Systems Ltd./Titan Co.-Borrower LLC, Senior Secured
Notes, 9.000% due 2/15/29(e) |
| | | | 137,948 | | |
| | | 140,000 | | | |
Ingersoll Rand Inc., Senior Unsecured Notes, 5.700% due 8/14/33
|
| | | | 142,381 | | |
| | | 410,000 | | | |
Jacobs Engineering Group Inc., Company Guaranteed Notes, 5.900% due
3/1/33 |
| | | | 409,838 | | |
| | | 75,000 | | | |
JELD-WEN Inc., Company Guaranteed Notes, 4.875% due 12/15/27(e)
|
| | | | 71,344 | | |
| | | 87,351 | | | |
Lima Metro Line 2 Finance Ltd., Senior Secured Notes, 5.875% due 7/5/34
|
| | | | 85,828 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| CORPORATE BONDS & NOTES – (continued) | | ||||||||||||
| Industrial – (continued) | | ||||||||||||
| | $ | 215,000 | | | |
Lockheed Martin Corp., Senior Unsecured Notes, 5.200% due 2/15/64
|
| | | $ | 209,968 | | |
| | | | | | | Madison IAQ LLC: | | ||||||
| | | 70,000 | | | |
Senior Secured Notes, 4.125% due 6/30/28(e)
|
| | | | 63,767 | | |
| | | 95,000 | | | |
Senior Unsecured Notes, 5.875% due 6/30/29(e)
|
| | | | 84,820 | | |
| | | 161,272 | | | |
MV24 Capital BV, Senior Secured Notes, 6.748% due 6/1/34
|
| | | | 151,327 | | |
| | | | | | | Northrop Grumman Corp., Senior Unsecured Notes: | | ||||||
| | | 520,000 | | | |
5.150% due 5/1/40
|
| | | | 504,792 | | |
| | | 410,000 | | | |
5.200% due 6/1/54
|
| | | | 393,271 | | |
| | | 775,000 | | | |
Otis Worldwide Corp., Senior Unsecured Notes, 2.565% due 2/15/30
|
| | | | 675,866 | | |
| | | 100,000 | | | |
Pactiv Evergreen Group Issuer LLC/Pactiv Evergreen Group Issuer Inc., Senior
Secured Notes, 4.375% due 10/15/28(e) |
| | | | 92,681 | | |
| | | | | | | Penske Truck Leasing Co. LP/PTL Finance Corp., Senior Unsecured Notes: | | ||||||
| | | 375,000 | | | |
5.750% due 5/24/26(e)
|
| | | | 376,946 | | |
| | | 203,000 | | | |
4.200% due 4/1/27(e)
|
| | | | 195,823 | | |
| | | 155,000 | | | |
4.400% due 7/1/27(e)
|
| | | | 150,403 | | |
| | | 170,000 | | | |
6.050% due 8/1/28(e)
|
| | | | 173,881 | | |
| | | 1,085,000 | | | |
Regal Rexnord Corp., Company Guaranteed Notes, 6.050% due 4/15/28(e)
|
| | | | 1,091,813 | | |
| | | 60,000 | | | |
Roller Bearing Co. of America Inc., Senior Unsecured Notes, 4.375% due
10/15/29(e) |
| | | | 54,662 | | |
| | | 435,000 | | | |
RTX Corp., Senior Unsecured Notes, 5.750% due 11/8/26
|
| | | | 441,221 | | |
| | | 85,000 | | | |
Sealed Air Corp./Sealed Air Corp. US, Company Guaranteed Notes, 7.250% due
2/15/31(e) |
| | | | 87,753 | | |
| | | 70,000 | | | |
Seaspan Corp., Senior Unsecured Notes, 5.500% due 8/1/29(e)
|
| | | | 59,677 | | |
| | | 80,000 | | | |
Spirit AeroSystems Inc., Senior Secured Notes, 9.750% due 11/15/30(e)
|
| | | | 85,709 | | |
| | | 180,000 | | | |
Standard Industries Inc., Senior Unsecured Notes, 4.375% due 7/15/30(e)
|
| | | | 160,485 | | |
| | | 105,000 | | | |
Titan Acquisition Ltd./Titan Co.-Borrower LLC, Senior Unsecured Notes,
7.750% due 4/15/26(e) |
| | | | 105,018 | | |
| | | | | | | TransDigm Inc.: | | ||||||
| | | 140,000 | | | |
Company Guaranteed Notes, 5.500% due 11/15/27
|
| | | | 135,180 | | |
| | | 135,000 | | | |
Senior Secured Notes, 6.875% due 12/15/30(e)
|
| | | | 136,608 | | |
| | | 100,000 | | | |
Trident TPI Holdings Inc., Company Guaranteed Notes, 12.750% due
12/31/28(e) |
| | | | 106,662 | | |
| | | 194,000 | | | |
Veralto Corp., Company Guaranteed Notes, 5.350% due 9/18/28(e)
|
| | | | 195,316 | | |
| | | 90,000 | | | |
Westinghouse Air Brake Technologies Corp., Company Guaranteed Notes,
5.611% due 3/11/34(j) |
| | | | 90,374 | | |
| | | | | | | WRKCo Inc., Company Guaranteed Notes: | | ||||||
| | | 445,000 | | | |
3.750% due 3/15/25
|
| | | | 436,786 | | |
| | | 5,245,000 | | | |
3.900% due 6/1/28
|
| | | | 4,970,803 | | |
| | | 170,000 | | | |
XPO Inc., Company Guaranteed Notes, 7.125% due 6/1/31(e)
|
| | | | 173,620 | | |
| | | | | | |
Total Industrial
|
| | | | 17,295,999 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| CORPORATE BONDS & NOTES – (continued) | | ||||||||||||
| Technology – 0.4% | | ||||||||||||
| | $ | 110,000 | | | |
AthenaHealth Group Inc., Senior Unsecured Notes, 6.500% due 2/15/30(e)
|
| | | $ | 98,480 | | |
| | | 15,000 | | | |
Boxer Parent Co., Inc., Senior Secured Notes, 7.125% due 10/2/25(e)
|
| | | | 15,015 | | |
| | | 457,000 | | | |
Broadcom Inc., Senior Unsecured Notes, 3.419% due 4/15/33(e)
|
| | | | 390,320 | | |
| | | 40,000 | | | |
Castle US Holding Corp., Senior Unsecured Notes, 9.500% due 2/15/28(e)
|
| | | | 19,800 | | |
| | | | | | | CDW LLC/CDW Finance Corp., Company Guaranteed Notes: | | ||||||
| | | 210,000 | | | |
2.670% due 12/1/26
|
| | | | 194,500 | | |
| | | 180,000 | | | |
3.569% due 12/1/31
|
| | | | 156,224 | | |
| | | 105,000 | | | |
Central Parent LLC/CDK Global II LLC/CDK Financing Co., Inc., Senior
Secured Notes, 8.000% due 6/15/29(e) |
| | | | 107,619 | | |
| | | 55,000 | | | |
Clarivate Science Holdings Corp., Company Guaranteed Notes, 4.875% due
7/1/29(e) |
| | | | 49,880 | | |
| | | | | | | Cloud Software Group Inc.: | | ||||||
| | | 30,000 | | | |
Secured Notes, 9.000% due 9/30/29(e)
|
| | | | 27,999 | | |
| | | 30,000 | | | |
Senior Secured Notes, 6.500% due 3/31/29(e)
|
| | | | 27,938 | | |
| | | | | | | Constellation Software Inc., Senior Unsecured Notes: | | ||||||
| | | 30,000 | | | |
5.158% due 2/16/29(e)
|
| | | | 29,846 | | |
| | | 230,000 | | | |
5.461% due 2/16/34(e)
|
| | | | 229,977 | | |
| | | 155,000 | | | |
Dun & Bradstreet Corp., Company Guaranteed Notes, 5.000% due 12/15/29(e)
|
| | | | 142,600 | | |
| | | 195,000 | | | |
Fiserv Inc., Senior Unsecured Notes, 5.450% due 3/15/34(j)
|
| | | | 194,754 | | |
| | | 155,000 | | | |
Hewlett Packard Enterprise Co., Senior Unsecured Notes, 5.900% due 10/1/24
|
| | | | 155,173 | | |
| | | | | | | Intel Corp., Senior Unsecured Notes: | | ||||||
| | | 295,000 | | | |
5.150% due 2/21/34
|
| | | | 291,982 | | |
| | | 160,000 | | | |
3.250% due 11/15/49
|
| | | | 110,866 | | |
| | | 145,000 | | | |
4.750% due 3/25/50
|
| | | | 129,233 | | |
| | | 55,000 | | | |
5.600% due 2/21/54
|
| | | | 54,968 | | |
| | | 200,000 | | | |
5.050% due 8/5/62
|
| | | | 184,328 | | |
| | | 194,000 | | | |
Kyndryl Holdings Inc., Senior Unsecured Notes, 6.350% due 2/20/34
|
| | | | 195,814 | | |
| | | 316,000 | | | |
Marvell Technology Inc., Company Guaranteed Notes, 1.650% due 4/15/26
|
| | | | 293,073 | | |
| | | 282,000 | | | |
Microsoft Corp., Senior Unsecured Notes, 2.921% due 3/17/52
|
| | | | 195,012 | | |
| | | 307,000 | | | |
NetApp Inc., Senior Unsecured Notes, 1.875% due 6/22/25
|
| | | | 293,101 | | |
| | | 370,000 | | | |
NVIDIA Corp., Senior Unsecured Notes, 2.850% due 4/1/30
|
| | | | 333,212 | | |
| | | 500,000 | | | |
NXP BV/NXP Funding LLC, Company Guaranteed Notes, 4.875% due 3/1/24
|
| | | | 500,000 | | |
| | | | | | | NXP BV/NXP Funding LLC/NXP USA Inc., Company Guaranteed Notes: | | ||||||
| | | 303,000 | | | |
3.875% due 6/18/26
|
| | | | 293,382 | | |
| | | 250,000 | | | |
4.300% due 6/18/29
|
| | | | 238,766 | | |
| | | | | | | Oracle Corp., Senior Unsecured Notes: | | ||||||
| | | 70,000 | | | |
6.150% due 11/9/29
|
| | | | 73,183 | | |
| | | 165,000 | | | |
2.950% due 4/1/30
|
| | | | 146,329 | | |
| | | 45,000 | | | |
6.250% due 11/9/32
|
| | | | 47,535 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| CORPORATE BONDS & NOTES – (continued) | | ||||||||||||
| Technology – (continued) | | ||||||||||||
| | $ | 365,000 | | | |
4.900% due 2/6/33
|
| | | $ | 352,935 | | |
| | | 325,000 | | | |
3.800% due 11/15/37
|
| | | | 267,641 | | |
| | | 1,604,000 | | | |
3.600% due 4/1/50
|
| | | | 1,129,280 | | |
| | | | | | | Qorvo Inc., Company Guaranteed Notes: | | ||||||
| | | 175,000 | | | |
1.750% due 12/15/24
|
| | | | 169,882 | | |
| | | 115,000 | | | |
3.375% due 4/1/31(e)
|
| | | | 96,886 | | |
| | | 394,000 | | | |
Take-Two Interactive Software Inc., Senior Unsecured Notes, 4.950% due
3/28/28 |
| | | | 390,853 | | |
| | | 60,000 | | | |
UKG Inc., Senior Secured Notes, 6.875% due 2/1/31(e)
|
| | | | 60,624 | | |
| | | 35,000 | | | |
Virtusa Corp., Senior Unsecured Notes, 7.125% due 12/15/28(e)
|
| | | | 31,041 | | |
| | | 418,000 | | | |
Workday Inc., Senior Unsecured Notes, 3.700% due 4/1/29
|
| | | | 390,859 | | |
| | | | | | |
Total Technology
|
| | | | 8,110,910 | | |
| Utilities – 2.8% | | ||||||||||||
| | | 400,000 | | | |
Adani Electricity Mumbai Ltd., Senior Secured Notes, 3.867% due 7/22/31
|
| | | | 331,716 | | |
| | | 430,000 | | | |
AEP Texas Inc., Senior Unsecured Notes, 3.450% due 1/15/50
|
| | | | 299,844 | | |
| | | 450,000 | | | |
Alabama Power Co., Senior Unsecured Notes, 3.450% due 10/1/49
|
| | | | 327,341 | | |
| | | | | | | Arizona Public Service Co., Senior Unsecured Notes: | | ||||||
| | | 385,000 | | | |
6.350% due 12/15/32
|
| | | | 407,095 | | |
| | | 155,000 | | | |
5.550% due 8/1/33
|
| | | | 155,510 | | |
| | | | | | | Berkshire Hathaway Energy Co., Senior Unsecured Notes: | | ||||||
| | | 610,000 | | | |
6.125% due 4/1/36
|
| | | | 644,092 | | |
| | | 1,100,000 | | | |
5.950% due 5/15/37
|
| | | | 1,139,671 | | |
| | | 50,000 | | | |
4.600% due 5/1/53
|
| | | | 42,690 | | |
| | | 155,000 | | | |
Boston Gas Co., Senior Unsecured Notes, 3.757% due 3/16/32(e)
|
| | | | 135,515 | | |
| | | 800,000 | | | |
Brooklyn Union Gas Co., Senior Unsecured Notes, 4.866% due 8/5/32(e)
|
| | | | 734,456 | | |
| | | 200,000 | | | |
Buffalo Energy Mexico Holdings/Buffalo Energy Infrastructure/Buffalo Energy,
Senior Secured Notes, 7.875% due 2/15/39(e) |
| | | | 212,396 | | |
| | | | | | | Calpine Corp.: | | ||||||
| | | 95,000 | | | |
Senior Secured Notes, 4.500% due 2/15/28(e)
|
| | | | 89,485 | | |
| | | 75,000 | | | |
Senior Unsecured Notes, 4.625% due 2/1/29(e)
|
| | | | 69,021 | | |
| | | 200,000 | | | |
Chile Electricity PEC SpA, Senior Secured Notes, zero coupon, due 1/25/28(e)
|
| | | | 155,700 | | |
| | | 150,000 | | | |
Clearway Energy Operating LLC, Company Guaranteed Notes, 4.750% due
3/15/28(e) |
| | | | 140,226 | | |
| | | | | | | Cleco Corporate Holdings LLC: | | ||||||
| | | 70,000 | | | |
Senior Secured Notes, 4.973% due 5/1/46
|
| | | | 57,606 | | |
| | | 180,000 | | | |
Senior Unsecured Notes, 3.375% due 9/15/29
|
| | | | 156,515 | | |
| | | 160,400 | | | |
Cometa Energia SA de CV, Senior Secured Notes, 6.375% due 4/24/35
|
| | | | 158,596 | | |
| | | | | | | Consolidated Edison Co. of New York Inc., Senior Unsecured Notes: | | ||||||
| | | 170,000 | | | |
5.500% due 3/15/34
|
| | | | 173,616 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| CORPORATE BONDS & NOTES – (continued) | | ||||||||||||
| Utilities – (continued) | | ||||||||||||
| | $ | 400,000 | | | |
3.200% due 12/1/51
|
| | | $ | 271,647 | | |
| | | 1,550,000 | | | |
Consumers 2023 Securitization Funding LLC, Senior Secured Notes, 5.550% due
3/1/28 |
| | | | 1,546,004 | | |
| | | | | | | Dominion Energy Inc., Senior Unsecured Notes: | | ||||||
| | | 3,375,000 | | | |
3.375% due 4/1/30
|
| | | | 3,034,588 | | |
| | | 1,565,000 | | | |
5.375% due 11/15/32
|
| | | | 1,555,968 | | |
| | | 30,000 | | | |
6.300% due 3/15/33
|
| | | | 31,311 | | |
| | | 315,000 | | | |
DTE Energy Co., Senior Unsecured Notes, 5.100% due 3/1/29
|
| | | | 312,343 | | |
| | | | | | | Duke Energy Carolinas LLC, 1st Mortgage Notes: | | ||||||
| | | 1,225,000 | | | |
5.300% due 2/15/40
|
| | | | 1,201,737 | | |
| | | 175,000 | | | |
3.550% due 3/15/52
|
| | | | 125,964 | | |
| | | | | | | Duke Energy Corp., Senior Unsecured Notes: | | ||||||
| | | 4,000,000 | | | |
0.900% due 9/15/25
|
| | | | 3,741,901 | | |
| | | 623,000 | | | |
2.650% due 9/1/26
|
| | | | 586,090 | | |
| | | 775,000 | | | |
4.850% due 1/5/29
|
| | | | 761,830 | | |
| | | 165,000 | | | |
2.450% due 6/1/30
|
| | | | 141,090 | | |
| | | 1,455,000 | | | |
2.550% due 6/15/31
|
| | | | 1,213,069 | | |
| | | 450,000 | | | |
4.500% due 8/15/32
|
| | | | 422,446 | | |
| | | 65,000 | | | |
5.000% due 8/15/52
|
| | | | 57,909 | | |
| | | 275,000 | | | |
Duke Energy Florida LLC, 1st Mortgage Notes, 5.875% due 11/15/33
|
| | | | 287,881 | | |
| | | 430,000 | | | |
Edison International, Senior Unsecured Notes, 5.250% due 11/15/28
|
| | | | 427,549 | | |
| | | 143,400 | | | |
Empresa Electrica Angamos SA, Senior Secured Notes, 4.875% due 5/25/29
|
| | | | 127,984 | | |
| | | 104,860 | | | |
Empresa Electrica Cochrane SpA, Senior Secured Notes, 5.500% due 5/14/27
|
| | | | 101,321 | | |
| | | 200,000 | | | |
Empresas Publicas de Medellin ESP, Senior Unsecured Notes, 4.375% due
2/15/31 |
| | | | 164,588 | | |
| | | | | | | Entergy Louisiana LLC, 1st Mortgage Notes: | | ||||||
| | | 1,100,000 | | | |
4.950% due 1/15/45
|
| | | | 1,001,000 | | |
| | | 125,000 | | | |
4.750% due 9/15/52
|
| | | | 109,155 | | |
| | | 575,000 | | | |
Essential Utilities Inc., Senior Unsecured Notes, 3.351% due 4/15/50
|
| | | | 397,337 | | |
| | | 780,000 | | | |
Evergy Inc., Senior Unsecured Notes, 2.900% due 9/15/29
|
| | | | 691,052 | | |
| | | | | | | Eversource Energy, Senior Unsecured Notes: | | ||||||
| | | 310,000 | | | |
5.950% due 2/1/29
|
| | | | 317,463 | | |
| | | 960,000 | | | |
5.125% due 5/15/33
|
| | | | 927,287 | | |
| | | 463,000 | | | |
5.500% due 1/1/34
|
| | | | 458,263 | | |
| | | 190,000 | | | |
Exelon Corp., Senior Unsecured Notes, 5.450% due 3/15/34
|
| | | | 189,076 | | |
| | | | | | | Georgia Power Co., Senior Unsecured Notes: | | ||||||
| | | 185,000 | | | |
4.700% due 5/15/32
|
| | | | 178,795 | | |
| | | 290,000 | | | |
4.950% due 5/17/33
|
| | | | 283,933 | | |
| | | 245,000 | | | |
5.250% due 3/15/34
|
| | | | 243,893 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| CORPORATE BONDS & NOTES – (continued) | | ||||||||||||
| Utilities – (continued) | | ||||||||||||
| | $ | 380,000 | | | |
ITC Holdings Corp., Senior Unsecured Notes, 2.950% due 5/14/30(e)
|
| | | $ | 331,658 | | |
| | | 161,000 | | | |
JSW Hydro Energy Ltd., Senior Secured Notes, 4.125% due 5/18/31
|
| | | | 141,683 | | |
| | | 275,000 | | | |
KeySpan Gas East Corp., Senior Unsecured Notes, 5.994% due 3/6/33(e)
|
| | | | 274,044 | | |
| | | 90,000 | | | |
Leeward Renewable Energy Operations LLC, Company Guaranteed Notes,
4.250% due 7/1/29(e) |
| | | | 77,479 | | |
| | | 387,100 | | | |
LLPL Capital Pte Ltd., Senior Secured Notes, 6.875% due 2/4/39(e)
|
| | | | 374,035 | | |
| | | 400,000 | | | |
Mercury Chile Holdco LLC, Senior Secured Notes, 6.500% due 1/24/27(e)
|
| | | | 373,725 | | |
| | | 126,424 | | | |
Mexico Generadora de Energia S de rl, Senior Secured Notes, 5.500% due
12/6/32 |
| | | | 123,597 | | |
| | | 500,000 | | | |
Minejesa Capital BV, Senior Secured Notes, 5.625% due 8/10/37
|
| | | | 436,250 | | |
| | | 230,573 | | | |
Mong Duong Finance Holdings BV, Senior Secured Notes, 5.125% due 5/7/29
|
| | | | 220,068 | | |
| | | 255,000 | | | |
Monongahela Power Co., 1st Mortgage Notes, 5.850% due 2/15/34(e)
|
| | | | 259,736 | | |
| | | 135,000 | | | |
National Grid PLC, Senior Unsecured Notes, 5.602% due 6/12/28
|
| | | | 136,680 | | |
| | | | | | | National Rural Utilities Cooperative Finance Corp.: | | ||||||
| | | | | | | Secured Notes: | | ||||||
| | | 510,000 | | | |
4.150% due 12/15/32
|
| | | | 469,918 | | |
| | | 140,000 | | | |
5.800% due 1/15/33
|
| | | | 144,796 | | |
| | | 385,000 | | | |
Senior Unsecured Notes, 5.000% due 2/7/31
|
| | | | 379,526 | | |
| | | | | | | NextEra Energy Capital Holdings Inc., Company Guaranteed Notes: | | ||||||
| | | 180,000 | | | |
4.255% due 9/1/24
|
| | | | 178,616 | | |
| | | 455,000 | | | |
4.625% due 7/15/27
|
| | | | 447,699 | | |
| | | 1,455,000 | | | |
2.250% due 6/1/30
|
| | | | 1,223,571 | | |
| | | | | | | NiSource Inc., Senior Unsecured Notes: | | ||||||
| | | 1,044,000 | | | |
3.600% due 5/1/30
|
| | | | 955,351 | | |
| | | 50,000 | | | |
5.400% due 6/30/33
|
| | | | 50,000 | | |
| | | 80,000 | | | |
NRG Energy Inc., Company Guaranteed Notes, 3.625% due 2/15/31(e)
|
| | | | 67,267 | | |
| | | 410,000 | | | |
Oglethorpe Power Corp., 1st Mortgage Notes, 5.050% due 10/1/48
|
| | | | 361,924 | | |
| | | 200,000 | | | |
Ohio Edison Co., Senior Unsecured Notes, 5.500% due 1/15/33(e)
|
| | | | 197,289 | | |
| | | 480,000 | | | |
Ohio Power Co., Senior Unsecured Notes, 5.000% due 6/1/33
|
| | | | 471,245 | | |
| | | 380,000 | | | |
Oncor Electric Delivery Co. LLC, Senior Secured Notes, 5.650% due 11/15/33
|
| | | | 392,552 | | |
| | | 200,000 | | | |
Orazul Energy Peru SA, Company Guaranteed Notes, 5.625% due 4/28/27
|
| | | | 187,250 | | |
| | | | | | | Pacific Gas & Electric Co.: | | ||||||
| | | | | | | 1st Mortgage Notes: | | ||||||
| | | 1,232,000 | | | |
5.450% due 6/15/27
|
| | | | 1,230,047 | | |
| | | 235,000 | | | |
6.100% due 1/15/29
|
| | | | 240,561 | | |
| | | 665,000 | | | |
4.550% due 7/1/30
|
| | | | 624,125 | | |
| | | 1,758,000 | | | |
2.500% due 2/1/31
|
| | | | 1,440,635 | | |
| | | 470,000 | | | |
6.150% due 1/15/33
|
| | | | 480,782 | | |
| | | 735,000 | | | |
6.400% due 6/15/33
|
| | | | 764,187 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| CORPORATE BONDS & NOTES – (continued) | | ||||||||||||
| Utilities – (continued) | | ||||||||||||
| | $ | 180,000 | | | |
6.750% due 1/15/53
|
| | | $ | 192,623 | | |
| | | 610,000 | | | |
Senior Secured Notes, 3.250% due 6/1/31
|
| | | | 523,376 | | |
| | | | | | | Pike Corp.: | | ||||||
| | | 125,000 | | | |
Company Guaranteed Notes, 5.500% due 9/1/28(e)
|
| | | | 118,571 | | |
| | | 65,000 | | | |
Senior Unsecured Notes, 8.625% due 1/31/31(e)
|
| | | | 68,643 | | |
| | | 150,000 | | | |
PPL Capital Funding Inc., Company Guaranteed Notes, 4.125% due 4/15/30
|
| | | | 139,748 | | |
| | | 260,000 | | | |
Public Service Electric & Gas Co., 1st Mortgage Notes, 5.450% due 3/1/54(j)
|
| | | | 260,167 | | |
| | | 285,000 | | | |
Public Service Enterprise Group Inc., Senior Unsecured Notes, 6.125% due
10/15/33 |
| | | | 297,021 | | |
| | | | | | | Puget Energy Inc., Senior Secured Notes: | | ||||||
| | | 535,000 | | | |
3.650% due 5/15/25
|
| | | | 521,185 | | |
| | | 230,000 | | | |
4.100% due 6/15/30
|
| | | | 208,224 | | |
| | | 625,000 | | | |
Sempra, Senior Unsecured Notes, 3.400% due 2/1/28
|
| | | | 587,745 | | |
| | | 276,322 | | | |
Southaven Combined Cycle Generation LLC, Secured Notes, 3.846% due
8/15/33 |
| | | | 259,804 | | |
| | | | | | | Southern California Edison Co., 1st Mortgage Notes: | | ||||||
| | | 385,000 | | | |
5.150% due 6/1/29(j)
|
| | | | 385,089 | | |
| | | 130,000 | | | |
2.850% due 8/1/29
|
| | | | 116,308 | | |
| | | 325,000 | | | |
2.250% due 6/1/30
|
| | | | 274,389 | | |
| | | 215,000 | | | |
5.950% due 11/1/32
|
| | | | 224,182 | | |
| | | 915,000 | | | |
5.200% due 6/1/34
|
| | | | 894,996 | | |
| | | 545,000 | | | |
4.125% due 3/1/48
|
| | | | 435,874 | | |
| | | | | | | Southern California Gas Co., 1st Mortgage Notes: | | ||||||
| | | 555,000 | | | |
5.200% due 6/1/33
|
| | | | 550,718 | | |
| | | 5,955,000 | | | |
5.750% due 6/1/53
|
| | | | 6,020,613 | | |
| | | | | | | Southern Co., Senior Unsecured Notes: | | ||||||
| | | 385,000 | | | |
4.850% due 6/15/28
|
| | | | 381,491 | | |
| | | 424,000 | | | |
3.700% due 4/30/30
|
| | | | 390,891 | | |
| | | 330,000 | | | |
5.200% due 6/15/33
|
| | | | 324,843 | | |
| | | 720,000 | | | |
5.700% due 3/15/34
|
| | | | 733,453 | | |
| | | 110,000 | | | |
Southern Co. Gas Capital Corp., Company Guaranteed Notes, 5.750% due
9/15/33 |
| | | | 112,705 | | |
| | | 438,000 | | | |
Southwest Gas Corp., Senior Unsecured Notes, 2.200% due 6/15/30
|
| | | | 365,778 | | |
| | | 470,000 | | | |
Southwestern Electric Power Co., Senior Unsecured Notes, 5.300% due 4/1/33
|
| | | | 463,685 | | |
| | | 180,934 | | | |
Tierra Mojada Luxembourg II SARL, Senior Secured Notes, 5.750% due
12/1/40 |
| | | | 161,588 | | |
| | | | | | | Virginia Electric & Power Co., Senior Unsecured Notes: | | ||||||
| | | 665,000 | | | |
5.000% due 4/1/33
|
| | | | 651,628 | | |
| | | 620,000 | | | |
5.000% due 1/15/34
|
| | | | 602,686 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| CORPORATE BONDS & NOTES – (continued) | | ||||||||||||
| Utilities – (continued) | | ||||||||||||
| | $ | 105,000 | | | |
5.350% due 1/15/54
|
| | | $ | 101,054 | | |
| | | 70,000 | | | |
Vistra Operations Co. LLC, Company Guaranteed Notes, 7.750% due
10/15/31(e) |
| | | | 72,408 | | |
| | | 230,000 | | | |
Xcel Energy Inc., Senior Unsecured Notes, 4.600% due 6/1/32
|
| | | | 214,463 | | |
| | | | | | |
Total Utilities
|
| | | | 56,053,810 | | |
| | | | | | |
TOTAL CORPORATE BONDS & NOTES
(Cost – $441,176,146) |
| | |
|
409,654,927
|
| |
| ASSET-BACKED SECURITIES – 10.2% | | ||||||||||||
| | | 1,000,000 | | | |
37 Capital CLO I Ltd., Series 2021-1A, Class A, 6.776% (3-Month TSFR +
1.462%) due 10/15/34(b)(e) |
| | | | 1,001,658 | | |
| | | | | | | Affirm Asset Securitization Trust: | | ||||||
| | | 505,000 | | | |
Series 2023-A, Class 1A, 6.610% due 1/18/28(e)
|
| | | | 508,090 | | |
| | | 405,000 | | | |
Series 2024-A, Class A, 5.610% due 2/15/29(e)
|
| | | | 404,230 | | |
| | | 2,090,000 | | | |
Aligned Data Centers Issuer LLC, Series 2023-1A, Class A2, 6.000% due
8/17/48(e) |
| | | | 2,054,747 | | |
| | | 500,000 | | | |
ALM 2020 Ltd., Series 2020-1A, Class A2, 7.426% (3-Month TSFR + 2.112%)
due 10/15/29(b)(e) |
| | | | 500,653 | | |
| | | 415,000 | | | |
American Credit Acceptance Receivables Trust, Series 2023-3, Class B, 6.090%
due 11/12/27(e) |
| | | | 416,201 | | |
| | | 1,470,000 | | | |
AmeriCredit Automobile Receivables Trust, Series 2022-2, Class B, 4.810% due
4/18/28 |
| | | | 1,454,728 | | |
| | | 4,000,000 | | | |
AMSR Trust, Series 2020-SFR4, Class E2, 2.456% due 11/17/37(e)
|
| | | | 3,725,388 | | |
| | | 1,000,000 | | | |
Anchorage Capital CLO 4-R Ltd., Series 2014-4RA, Class B, 7.081% (3-Month
TSFR + 1.762%) due 1/28/31(b)(e) |
| | | | 999,977 | | |
| | | 500,000 | | | |
Apidos CLO XII, Series 2013-12A, Class CR, 7.376% (3-Month TSFR +
2.062%) due 4/15/31(b)(e) |
| | | | 494,770 | | |
| | | 1,120,000 | | | |
Ares XLIII CLO Ltd., Series 2017-43A, Class BR, 7.276% (3-Month TSFR +
1.962%) due 7/15/34(b)(e) |
| | | | 1,120,111 | | |
| | | 881,982 | | | |
ARI Fleet Lease Trust, Series 2023-A, Class A2, 5.410% due 2/17/32(e)
|
| | | | 879,861 | | |
| | | 1,328,008 | | | |
Asset Backed Securities Corp. Home Equity Loan Trust, Series 2007-HE2,
Class A4, 5.665% (1-Month TSFR + 0.344%) due 5/25/37(b) |
| | | | 914,511 | | |
| | | 68,106 | | | |
Avant Loans Funding Trust, Series 2021-REV1, Class A, 1.210% due 7/15/30(e)
|
| | | | 67,898 | | |
| | | | | | | Avis Budget Rental Car Funding AESOP LLC: | | ||||||
| | | 5,920,000 | | | |
Series 2020-1A, Class A, 2.330% due 8/20/26(e)
|
| | | | 5,689,008 | | |
| | | 470,000 | | | |
Series 2023-7A, Class A, 5.900% due 8/21/28(e)
|
| | | | 476,320 | | |
| | | 385,000 | | | |
Series 2024-1A, Class A, 5.360% due 6/20/30(e)
|
| | | | 385,282 | | |
| | | 1,045,000 | | | |
Bain Capital Credit CLO Ltd., Series 2023-4A, Class B, 7.923% (3-Month
TSFR + 2.500%) due 10/21/36(b)(e) |
| | | | 1,052,443 | | |
| | | 835,000 | | | |
Barings CLO Ltd., Series 2024-1A, Class B, 7.369% (3-Month TSFR + 2.100%)
due 1/20/37(b)(e) |
| | | | 835,883 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| ASSET-BACKED SECURITIES – (continued) | | ||||||||||||
| | $ | 1,000,000 | | | |
Battalion CLO XI Ltd., Series 2017-11A, Class AR, 6.730% (3-Month TSFR +
1.412%) due 4/24/34(b)(e) |
| | | $ | 996,150 | | |
| | | 76,507 | | | |
BHG Securitization Trust, Series 2021-B, Class A, 0.900% due 10/17/34(e)
|
| | | | 74,489 | | |
| | | 1,085,000 | | | |
BlueMountain CLO XXIV Ltd., Series 2019-24A, Class AR, 6.679% (3-Month
TSFR + 1.362%) due 4/20/34(b)(e) |
| | | | 1,080,497 | | |
| | | | | | | BSPRT Issuer Ltd.: | | ||||||
| | | 722,199 | | | |
Series 2021-FL6, Class A, 6.532% (1-Month TSFR + 1.214%) due
3/15/36(b)(e) |
| | | | 713,935 | | |
| | | 370,000 | | | |
Series 2021-FL7, Class B, 7.482% (1-Month TSFR + 2.164%) due
12/15/38(b)(e) |
| | | | 358,905 | | |
| | | 1,700,139 | | | |
Carlyle Global Market Strategies CLO Ltd., Series 2014-3RA, Class A1A,
6.631% (3-Month TSFR + 1.312%) due 7/27/31(b)(e) |
| | | | 1,699,544 | | |
| | | 1,700,000 | | | |
Carmax Auto Owner Trust, Series 2021-1, Class C, 0.940% due 12/15/26
|
| | | | 1,613,207 | | |
| | | 985,225 | | | |
Carrington Mortgage Loan Trust, Series 2006-NC4, Class A3, 5.595% (1-Month
TSFR + 0.274%) due 10/25/36(b) |
| | | | 953,020 | | |
| | | | | | | CBAM Ltd.: | | ||||||
| | | 1,495,000 | | | |
Series 2017-2A, Class BR, 7.428% (3-Month TSFR + 2.112%) due
7/17/34(b)(e) |
| | | | 1,493,196 | | |
| | | 750,000 | | | |
Series 2019-10A, Class DR, 9.079% (3-Month TSFR + 3.762%) due
4/20/32(b)(e) |
| | | | 743,039 | | |
| | | 4,304,448 | | | |
C-BASS Trust, Series 2006-CB9, Class A4, 5.895% (1-Month TSFR + 0.574%)
due 11/25/36(b) |
| | | | 1,906,195 | | |
| | | | | | | CF Hippolyta Issuer LLC: | | ||||||
| | | 285,227 | | | |
Series 2020-1, Class A1, 1.690% due 7/15/60(e)
|
| | | | 265,246 | | |
| | | 122,518 | | | |
Series 2021-1A, Class A1, 1.530% due 3/15/61(e)
|
| | | | 109,964 | | |
| | | 108,381 | | | |
Series 2021-1A, Class B1, 1.980% due 3/15/61(e)
|
| | | | 95,125 | | |
| | | 183,701 | | | |
Series 2022-1A, Class A1, 5.970% due 8/15/62(e)
|
| | | | 179,049 | | |
| | | 710,638 | | | |
Chesapeake Funding II LLC, Series 2023-1A, Class A1, 5.650% due 5/15/35(e)
|
| | | | 710,730 | | |
| | | 1,600,000 | | | |
Clover CLO LLC, Series 2021-1A, Class A, 6.679% (3-Month TSFR + 1.362%)
due 4/22/34(b)(e) |
| | | | 1,603,200 | | |
| | | 230,000 | | | |
CNH Equipment Trust, Series 2023-A, Class A4, 4.770% due 10/15/30
|
| | | | 227,856 | | |
| | | 818,297 | | | |
CPS Auto Receivables Trust, Series 2023-B, Class A, 5.910% due 8/16/27(e)
|
| | | | 819,062 | | |
| | | 1,250,000 | | | |
CQS US CLO Ltd., Series 2021-1A, Class A, 6.799% (3-Month TSFR + 1.482%)
due 1/20/35(b)(e) |
| | | | 1,246,875 | | |
| | | 3,927,674 | | | |
Credit-Based Asset Servicing & Securitization LLC, Series 2006-CB4,
Class AV4, 2.821% (1-Month TSFR + 0.594%) due 5/25/36(b) |
| | | | 2,517,702 | | |
| | | | | | | DB Master Finance LLC: | | ||||||
| | | 1,590,075 | | | |
Series 2019-1A, Class A23, 4.352% due 5/20/49(e)
|
| | | | 1,509,295 | | |
| | | 326,485 | | | |
Series 2021-1A, Class A23, 2.791% due 11/20/51(e)
|
| | | | 272,249 | | |
| | | 365,000 | | | |
DLLAA LLC, Series 2023-1A, Class A3, 5.640% due 2/22/28(e)
|
| | | | 368,916 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| ASSET-BACKED SECURITIES – (continued) | | ||||||||||||
| | | | | | | Domino’s Pizza Master Issuer LLC: | | ||||||
| | $ | 848,663 | | | |
Series 2015-1A, Class A2II, 4.474% due 10/25/45(e)
|
| | | $ | 830,842 | | |
| | | 974,400 | | | |
Series 2019-1A, Class A2, 3.668% due 10/25/49(e)
|
| | | | 888,304 | | |
| | | 1,248,690 | | | |
Series 2021-1A, Class A2I, 2.662% due 4/25/51(e)
|
| | | | 1,109,355 | | |
| | | | | | | DT Auto Owner Trust: | | ||||||
| | | 310,000 | | | |
Series 2023-1A, Class B, 5.190% due 10/16/28(e)
|
| | | | 307,903 | | |
| | | 375,000 | | | |
Series 2023-2A, Class B, 5.410% due 2/15/29(e)
|
| | | | 372,443 | | |
| | | 970,000 | | | |
Elmwood CLO 19 Ltd., Series 2022-6A, Class BR, 7.717% (3-Month TSFR +
2.400%) due 10/17/36(b)(e) |
| | | | 980,921 | | |
| | | 655,000 | | | |
Elmwood CLO 23 Ltd., Series 2023-2A, Class B, 7.564% (3-Month TSFR +
2.250%) due 4/16/36(b)(e) |
| | | | 658,845 | | |
| | | | | | | Enterprise Fleet Financing LLC: | | ||||||
| | | 480,000 | | | |
Series 2023-1, Class A3, 5.420% due 10/22/29(e)
|
| | | | 481,538 | | |
| | | 200,000 | | | |
Series 2024-1, Class A3, 5.160% due 9/20/30(e)
|
| | | | 199,271 | | |
| | | | | | | Exeter Automobile Receivables Trust: | | ||||||
| | | 528,738 | | | |
Series 2021-1A, Class D, 1.080% due 11/16/26
|
| | | | 513,854 | | |
| | | 900,000 | | | |
Series 2021-1A, Class E, 2.210% due 2/15/28(e)
|
| | | | 847,340 | | |
| | | 51,688 | | | |
Series 2022-1A, Class B, 2.180% due 6/15/26
|
| | | | 51,617 | | |
| | | 197,000 | | | |
Series 2022-6A, Class B, 6.030% due 8/16/27
|
| | | | 197,195 | | |
| | | 470,000 | | | |
Series 2023-1A, Class B, 5.720% due 4/15/27
|
| | | | 469,369 | | |
| | | 201,000 | | | |
Series 2023-3A, Class B, 6.110% due 9/15/27
|
| | | | 201,566 | | |
| | | 800,000 | | | |
Fillmore Park CLO Ltd., Series 2018-1A, Class D, 8.476% (3-Month TSFR +
3.162%) due 7/15/30(b)(e) |
| | | | 794,902 | | |
| | | 5,158,027 | | | |
First Franklin Mortgage Loan Trust, Series 2007-FF2, Class A1, 5.715%
(1-Month TSFR + 0.394%) due 3/25/37(b) |
| | | | 2,666,044 | | |
| | | 1,361,647 | | | |
FirstKey Homes Trust, Series 2022-SFR2, Class A, 4.250% due 7/17/39(e)
|
| | | | 1,318,155 | | |
| | | | | | | Flagship Credit Auto Trust: | | ||||||
| | | 173,000 | | | |
Series 2023-1, Class B, 5.050% due 1/18/28(e)
|
| | | | 171,106 | | |
| | | 470,000 | | | |
Series 2023-2, Class B, 5.210% due 5/15/28(e)
|
| | | | 463,385 | | |
| | | 5,640,000 | | | |
Ford Credit Auto Lease Trust, Series 2023-B, Class B, 6.200% due 2/15/27
|
| | | | 5,717,578 | | |
| | | | | | | Ford Credit Auto Owner Trust: | | ||||||
| | | 6,750,000 | | | |
Series 2020-1, Class C, 2.540% due 8/15/31(e)
|
| | | | 6,520,121 | | |
| | | 3,650,000 | | | |
Series 2020-2, Class C, 1.740% due 4/15/33(e)
|
| | | | 3,406,947 | | |
| | | 3,350,000 | | | |
Series 2023-B, Class B, 5.560% due 3/15/29
|
| | | | 3,378,060 | | |
| | | 2,405,000 | | | |
Series 2023-B, Class C, 5.710% due 12/15/30
|
| | | | 2,408,205 | | |
| | | 2,000,000 | | | |
Franklin Park Place CLO I LLC, Series 2022-1A, Class A, 6.714% (3-Month
TSFR + 1.400%) due 4/14/35(b)(e) |
| | | | 2,001,146 | | |
| | | 497,309 | | | |
FS RIALTO, Series 2021-FL2, Class A, 6.656% (1-Month TSFR + 1.334%) due
5/16/38(b)(e) |
| | | | 489,296 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| ASSET-BACKED SECURITIES – (continued) | | ||||||||||||
| | | | | | | GLS Auto Receivables Issuer Trust: | | ||||||
| | $ | 448,392 | | | |
Series 2021-2A, Class C, 1.080% due 6/15/26(e)
|
| | | $ | 443,457 | | |
| | | 100,000 | | | |
Series 2022-3A, Class B, 4.920% due 1/15/27(e)
|
| | | | 99,255 | | |
| | | | | | | GM Financial Consumer Automobile Receivables Trust: | | ||||||
| | | 2,750,000 | | | |
Series 2021-1, Class C, 1.040% due 5/17/27
|
| | | | 2,640,600 | | |
| | | 2,455,000 | | | |
Series 2023-2, Class B, 4.820% due 10/16/28
|
| | | | 2,419,147 | | |
| | | 1,500,000 | | | |
Series 2023-2, Class C, 5.210% due 12/18/28
|
| | | | 1,489,523 | | |
| | | 1,555,000 | | | |
Series 2023-3, Class B, 5.720% due 1/16/29
|
| | | | 1,568,735 | | |
| | | 2,290,000 | | | |
Series 2023-3, Class C, 5.920% due 2/16/29
|
| | | | 2,309,241 | | |
| | | 1,000,000 | | | |
Goldentree Loan Management US CLO 15 Ltd., Series 2022-15A, Class DR,
9.718% (3-Month TSFR + 4.400%) due 10/20/36(b)(e) |
| | | | 1,006,412 | | |
| | | 1,357,279 | | | |
GoodLeap Sustainable Home Solutions Trust, Series 2021-5CS, Class C, 3.500%
due 10/20/48(e) |
| | | | 999,494 | | |
| | | 785,000 | | | |
Greystone CRE Notes Ltd., Series 2019-FL2, Class C, 7.432% (1-Month TSFR +
2.114%) due 9/15/37(b)(e) |
| | | | 768,462 | | |
| | | 1,000,000 | | | |
Halsey Point CLO I Ltd., Series 2019-1A, Class B1, 7.779% (3-Month TSFR +
2.462%) due 1/20/33(b)(e) |
| | | | 1,002,505 | | |
| | | 1,235,000 | | | |
Hertz Vehicle Financing III LLC, Series 2023-3A, Class A, 5.940% due
2/25/28(e) |
| | | | 1,247,635 | | |
| | | | | | | Home Partners of America Trust: | | ||||||
| | | 1,654,497 | | | |
Series 2021-1, Class D, 2.477% due 9/17/41(e)
|
| | | | 1,373,270 | | |
| | | 755,758 | | | |
Series 2021-1, Class E, 2.577% due 9/17/41(e)
|
| | | | 603,168 | | |
| | | 870,654 | | | |
Series 2021-1, Class F, 3.325% due 9/17/41(e)
|
| | | | 686,558 | | |
| | | 4,195,905 | | | |
Horizon Aircraft Finance III Ltd., Series 2019-2, Class A, 3.425% due
11/15/39(e) |
| | | | 3,314,698 | | |
| | | 3,105,000 | | | |
HPEFS Equipment Trust, Series 2024-1A, Class A3, 5.180% due 5/20/31(e)
|
| | | | 3,093,855 | | |
| | | 1,950,000 | | | |
John Deere Owner Trust, Series 2023-B, Class A4, 5.110% due 5/15/30
|
| | | | 1,948,893 | | |
| | | 4,019,200 | | | |
JP Morgan Mortgage Acquisition Corp., Series 2005-WMC1, Class M4, 6.335%
(1-Month TSFR + 1.014%) due 9/25/35(b) |
| | | | 3,613,083 | | |
| | | 1,000,000 | | | |
Katayma CLO I Ltd., Series 2023-1A, Class D, 10.568% (3-Month TSFR +
5.250%) due 10/20/36(b)(e) |
| | | | 1,006,316 | | |
| | | 3,350,000 | | | |
Kubota Credit Owner Trust, Series 2024-1A, Class A3, 5.190% due 7/17/28(e)
|
| | | | 3,345,116 | | |
| | | 1,000,000 | | | |
LCM XV LP, Series 15A, Class DR, 9.279% (3-Month TSFR + 3.962%) due
7/20/30(b)(e) |
| | | | 987,854 | | |
| | | 719,116 | | | |
Lendingpoint Asset Securitization Trust, Series 2021-A, Class C, 2.750% due
12/15/28(e) |
| | | | 713,073 | | |
| | | 1,000,000 | | | |
Marble Point CLO XXI Ltd., Series 2021-3A, Class A1, 6.818% (3-Month
TSFR + 1.502%) due 10/17/34(b)(e) |
| | | | 998,000 | | |
| | | 1,000,000 | | | |
Marble Point CLO XXII Ltd., Series 2021-2A, Class A, 6.786% (3-Month
TSFR + 1.462%) due 7/25/34(b)(e) |
| | | | 1,001,358 | | |
| | | 168,714 | | | |
Marlette Funding Trust, Series 2019-4A, Class C, 3.760% due 12/17/29(e)
|
| | | | 168,281 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| ASSET-BACKED SECURITIES – (continued) | | ||||||||||||
| | $ | 1,915,000 | | | |
ME Funding LLC, Series 2019-1, Class A2, 6.448% due 7/30/49(e)
|
| | | $ | 1,905,322 | | |
| | | 7,732,310 | | | |
Merrill Lynch Mortgage Investors Trust, Series 2006-HE6, Class A1, 3.941%
(1-Month TSFR + 0.394%) due 11/25/37(b) |
| | | | 3,691,669 | | |
| | | 1,000,000 | | | |
MetroNet Infrastructure Issuer LLC, Series 2023-1A, Class A2, 6.560% due
4/20/53(e) |
| | | | 1,004,086 | | |
| | | | | | | MF1 Ltd.: | | ||||||
| | | 386,617 | | | |
Series 2021-FL7, Class A, 6.514% (1-Month TSFR + 1.194%) due
10/16/36(b)(e) |
| | | | 383,354 | | |
| | | 845,000 | | | |
Series 2022-FL8, Class AS, 7.066% (1-Month TSFR + 1.750%) due
2/19/37(b)(e) |
| | | | 837,589 | | |
| | | 629,541 | | | |
MP CLO III Ltd., Series 2013-1A, Class AR, 6.829% (3-Month TSFR + 1.512%)
due 10/20/30(b)(e) |
| | | | 630,762 | | |
| | | | | | | Navient Private Education Refi Loan Trust: | | ||||||
| | | 377,918 | | | |
Series 2021-EA, Class A, 0.970% due 12/16/69(e)
|
| | | | 324,239 | | |
| | | 581,310 | | | |
Series 2021-FA, Class A, 1.110% due 2/18/70(e)
|
| | | | 493,316 | | |
| | | 735,563 | | | |
Series 2023-A, Class A, 5.510% due 10/15/71(e)
|
| | | | 731,236 | | |
| | | 4,000,000 | | | |
New Century Home Equity Loan Trust, Series 2005-B, Class M2, 6.170%
(1-Month TSFR + 0.849%) due 10/25/35(b) |
| | | | 3,326,358 | | |
| | | 1,050,000 | | | |
New Economy Assets Phase 1 Sponsor LLC, Series 2021-1, Class A1, 1.910%
due 10/20/61(e) |
| | | | 913,467 | | |
| | | 813,601 | | | |
Northwoods Capital XVI Ltd., Series 2017-16A, Class A, 6.839% (3-Month
TSFR + 1.532%) due 11/15/30(b)(e) |
| | | | 815,317 | | |
| | | 925,000 | | | |
Octagon 61 Ltd., Series 2023-2A, Class B, 7.668% (3-Month TSFR + 2.350%)
due 4/20/36(b)(e) |
| | | | 930,229 | | |
| | | 600,000 | | | |
Octagon Investment Partners 44 Ltd., Series 2019-1A, Class DR, 8.826%
(3-Month TSFR + 3.512%) due 10/15/34(b)(e) |
| | | | 577,994 | | |
| | | 962,500 | | | |
Octagon Investment Partners XXI Ltd., Series 2014-1A, Class A2R3, 7.039%
(3-Month TSFR + 1.662%) due 2/14/31(b)(e) |
| | | | 951,368 | | |
| | | 995,000 | | | |
OneMain Direct Auto Receivables Trust, Series 2023-1A, Class A, 5.410% due
11/14/29(e) |
| | | | 994,930 | | |
| | | | | | | Pagaya AI Debt Selection Trust: | | ||||||
| | | 102,712 | | | |
Series 2021-1, Class B, 2.130% due 11/15/27(e)
|
| | | | 102,538 | | |
| | | 1,006,044 | | | |
Series 2021-3, Class B, 1.740% due 5/15/29(e)
|
| | | | 999,403 | | |
| | | | | | | Pagaya AI Debt Trust: | | ||||||
| | | 1,499,802 | | | |
Series 2022-1, Class B, 3.344% due 10/15/29(e)
|
| | | | 1,457,947 | | |
| | | 912,999 | | | |
Series 2023-3, Class A, 7.600% due 12/16/30(e)
|
| | | | 918,110 | | |
| | | 2,915,000 | | | |
PFS Financing Corp., Series 2023-C, Class A, 5.520% due 10/15/28(e)
|
| | | | 2,936,452 | | |
| | | 1,800,000 | | | |
PMT Issuer Trust – FMSR, Series 2021-FT1, Class A, 8.436% (1-Month TSFR +
3.115%) due 3/25/26(b)(e) |
| | | | 1,800,772 | | |
| | | 745,000 | | | |
Prestige Auto Receivables Trust, Series 2022-1A, Class B, 6.550% due
7/17/28(e) |
| | | | 748,388 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| ASSET-BACKED SECURITIES – (continued) | | ||||||||||||
| | $ | 462,019 | | | |
PRET LLC, Series 2021-NPL3, Class A1, step bond to yield, 1.868% due
7/25/51(e) |
| | | $ | 445,078 | | |
| | | | | | | Pretium Mortgage Credit Partners I LLC: | | ||||||
| | | 514,521 | | | |
Series 2021-NPL2, Class A1, step bond to yield, 1.992% due 6/27/60(e)
|
| | | | 497,821 | | |
| | | 940,084 | | | |
Series 2021-NPL4, Class A1, step bond to yield, 2.363% due 10/27/60(e)
|
| | | | 916,169 | | |
| | | | | | | Progress Residential Trust: | | ||||||
| | | 3,720,000 | | | |
Series 2021-SFR11, Class B, 2.732% due 1/17/39(e)
|
| | | | 3,250,797 | | |
| | | 330,515 | | | |
Series 2022-SFR3, Class A, 3.200% due 4/17/39(e)
|
| | | | 310,709 | | |
| | | 246,360 | | | |
Series 2022-SFR5, Class A, 4.451% due 6/17/39(e)
|
| | | | 240,208 | | |
| | | 1,063,454 | | | |
Series 2022-SFR6, Class A, 4.451% due 7/20/39(e)
|
| | | | 1,036,595 | | |
| | | 548,783 | | | |
Series 2023-SFR1, Class A, 4.300% due 3/17/40(e)
|
| | | | 530,308 | | |
| | | 1,625,581 | | | |
Race Point IX CLO Ltd., Series 2015-9A, Class A1A2, 6.516% (3-Month
TSFR + 1.202%) due 10/15/30(b)(e) |
| | | | 1,627,312 | | |
| | | 1,000,000 | | | |
Regatta XI Funding Ltd., Series 2018-1A, Class B, 7.228% (3-Month TSFR +
1.912%) due 7/17/31(b)(e) |
| | | | 1,001,404 | | |
| | | 1,040,000 | | | |
Retained Vantage Data Centers Issuer LLC, Series 2023-1A, Class A2A, 5.000%
due 9/15/48(e) |
| | | | 977,247 | | |
| | | 1,420,000 | | | |
RR 23 Ltd., Series 2022-23A, Class A2R, 7.964% (3-Month TSFR + 2.650%)
due 10/15/35(b)(e) |
| | | | 1,437,485 | | |
| | | 500,000 | | | |
Sandstone Peak Ltd., Series 2021-1A, Class A1, 6.796% (3-Month TSFR +
1.482%) due 10/15/34(b)(e) |
| | | | 500,685 | | |
| | | | | | | Santander Drive Auto Receivables Trust: | | ||||||
| | | 365,000 | | | |
Series 2023-1, Class B, 4.980% due 2/15/28
|
| | | | 362,521 | | |
| | | 635,000 | | | |
Series 2023-3, Class B, 5.610% due 7/17/28
|
| | | | 636,617 | | |
| | | 520,000 | | | |
SFS Auto Receivables Securitization Trust, Series 2023-1A, Class A4, 5.470%
due 12/20/29(e) |
| | | | 525,413 | | |
| | | 500,000 | | | |
Shackleton 2013-III CLO Ltd., Series 2013-3A, Class DR, 8.596% (3-Month
TSFR + 3.282%) due 7/15/30(b)(e) |
| | | | 495,000 | | |
| | | 1,000,000 | | | |
Sofi Professional Loan Program Trust, Series 2018-B, Class BFX, 3.830% due
8/25/47(e) |
| | | | 911,700 | | |
| | | 1,710,000 | | | |
Sound Point CLO XXIX Ltd., Series 2021-1A, Class A, 6.656% (3-Month
TSFR + 1.332%) due 4/25/34(b)(e) |
| | | | 1,711,133 | | |
| | | 590,000 | | | |
Stack Infrastructure Issuer LLC, Series 2023-2A, Class A2, 5.900% due
7/25/48(e) |
| | | | 578,090 | | |
| | | 3,500,000 | | | |
STAR Trust, Series 2021-SFR1, Class G, 8.632% (1-Month TSFR + 3.314%) due
4/17/38(b)(e) |
| | | | 3,339,343 | | |
| | | 8,700,000 | | | |
Structured Asset Investment Loan Trust, Series 2006-4, Class A5, 5.745%
(1-Month TSFR + 0.424%) due 7/25/36(b) |
| | | | 2,855,734 | | |
| | | 788,909 | | | |
Sunnova Helios V Issuer LLC, Series 2021-A, Class A, 1.800% due 2/20/48(e)
|
| | | | 687,581 | | |
| | | 1,765,736 | | | |
Sunrun Demeter Issuer LLC, Series 2021-2A, Class A, 2.270% due 1/30/57(e)
|
| | | | 1,491,152 | | |
| | | 5,430,000 | | | |
Synchrony Card Funding LLC, Series 2023-A2, Class A, 5.740% due 10/15/29
|
| | | | 5,514,677 | | |
| | | 933,375 | | | |
Taco Bell Funding LLC, Series 2021-1A, Class A23, 2.542% due 8/25/51(e)
|
| | | | 765,743 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| ASSET-BACKED SECURITIES – (continued) | | ||||||||||||
| | $ | 500,000 | | | |
Tesla Auto Lease Trust, Series 2021-B, Class B, 0.910% due 9/22/25(e)
|
| | | $ | 493,247 | | |
| | | 735,000 | | | |
Texas Natural Gas Securitization Finance Corp., Series , Class , 5.102% due
4/1/35 |
| | | | 740,084 | | |
| | | 2,300,000 | | | |
T-Mobile US Trust, Series 2024-1A, Class A, 5.050% due 9/20/29(e)
|
| | | | 2,299,909 | | |
| | | 137,303 | | | |
Tricolor Auto Securitization Trust, Series 2023-1A, Class A, 6.480% due
8/17/26(e) |
| | | | 137,317 | | |
| | | 379,649 | | | |
Tricon Residential Trust, Series 2023-SFR1, Class A, 5.100% due 7/17/40(e)
|
| | | | 376,279 | | |
| | | 372,632 | | | |
TRTX Issuer Ltd., Series 2021-FL4, Class A, 6.636% (1-Month TSFR + 1.314%)
due 3/15/38(b)(e) |
| | | | 366,166 | | |
| | | | | | | Upstart Pass-Through Trust: | | ||||||
| | | 241,119 | | | |
Series 2021-ST3, Class A, 2.000% due 5/20/27(e)
|
| | | | 234,323 | | |
| | | 322,295 | | | |
Series 2021-ST4, Class A, 2.000% due 7/20/27(e)
|
| | | | 310,224 | | |
| | | | | | | Upstart Securitization Trust: | | ||||||
| | | 21,156 | | | |
Series 2019-3, Class C, 5.381% due 1/21/30(e)
|
| | | | 21,137 | | |
| | | 248,608 | | | |
Series 2020-1, Class C, 4.899% due 4/22/30(e)
|
| | | | 247,502 | | |
| | | 1,000,000 | | | |
Valley Stream Park CLO Ltd., Series 2022-1A, Class DR, 9.468% (3-Month
TSFR + 4.150%) due 10/20/34(b)(e) |
| | | | 1,006,385 | | |
| | | 955,000 | | | |
Vantage Data Centers Issuer LLC, Series 2019-1A, Class A2, 3.188% due
7/15/44(e) |
| | | | 942,744 | | |
| | | 1,123,652 | | | |
VCAT LLC, Series 2021-NPL6, Class A1, step bond to yield, 1.917% due
9/25/51(e) |
| | | | 1,086,933 | | |
| | | 1,710,000 | | | |
Venture 42 CLO Ltd., Series 2021-42A, Class A1A, 6.706% (3-Month TSFR +
1.392%) due 4/15/34(b)(e) |
| | | | 1,712,370 | | |
| | | 830,147 | | | |
Vericrest Opportunity Loan Transferee, Series 2021-NP11, Class A1, step bond to
yield, 1.868% due 8/25/51(e) |
| | | | 798,050 | | |
| | | | | | | Verizon Master Trust: | | ||||||
| | | 3,315,000 | | | |
Series 2023-2, Class C, 5.380% due 4/13/28
|
| | | | 3,296,016 | | |
| | | 3,355,000 | | | |
Series 2024-1, Class C, 5.490% due 12/20/28
|
| | | | 3,340,083 | | |
| | | 574,153 | | | |
VOLT CIII LLC, Series 2021-CF1, Class A1, step bond to yield, 1.992% due
8/25/51(d)(e) |
| | | | 551,592 | | |
| | | 560,394 | | | |
VOLT XCIX LLC, Series 2021-NPL8, Class A1, step bond to yield, 2.116% due
4/25/51(e) |
| | | | 544,194 | | |
| | | 333,570 | | | |
VOLT XCV LLC, Series 2021-NPL4, Class A1, step bond to yield, 5.240% due
3/27/51(e) |
| | | | 326,500 | | |
| | | | | | | Wellfleet CLO X Ltd.: | | ||||||
| | | 1,332,988 | | | |
Series 2019-XA, Class A1R, 6.749% (3-Month TSFR + 1.432%) due
7/20/32(b)(e) |
| | | | 1,334,356 | | |
| | | 1,000,000 | | | |
Series 2019-XA, Class A2R, 7.329% (3-Month TSFR + 2.012%) due
7/20/32(b)(e) |
| | | | 1,000,513 | | |
| | | | | | | Westlake Automobile Receivables Trust: | | ||||||
| | | 200,000 | | | |
Series 2023-1A, Class B, 5.410% due 1/18/28(e)
|
| | | | 199,452 | | |
| | | 895,000 | | | |
Series 2023-2A, Class B, 6.140% due 3/15/28(e)
|
| | | | 900,600 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| ASSET-BACKED SECURITIES – (continued) | | ||||||||||||
| | $ | 985,000 | | | |
Wingstop Funding LLC, Series 2020-1A, Class A2, 2.841% due 12/5/50(e)
|
| | | $ | 890,214 | | |
| | | 330,000 | | | |
World Omni Auto Receivables Trust, Series 2023-A, Class B, 5.030% due
5/15/29 |
| | | | 327,349 | | |
| | | | | | |
TOTAL ASSET-BACKED SECURITIES
(Cost – $217,274,499) |
| | |
|
204,437,409
|
| |
| SENIOR LOANS(b) – 0.6% | | ||||||||||||
| | | 68,000 | | | |
AAdvantage Loyalty IP Ltd., 10.329% (3-Month USD-SOFR + 0.475%) due
4/20/28 |
| | | | 69,275 | | |
| | | 294,938 | | | |
Access CIG LLC, 10.326% (1-Month USD-SOFR + 0.500%) due 8/18/28
|
| | | | 295,011 | | |
| | | | | | | Acrisure LLC: | | ||||||
| | | 109,432 | | | |
8.941% (1-Month USD-SOFR + 0.350%) due 2/15/27
|
| | | | 109,124 | | |
| | | 220,500 | | | |
9.691% (1-Month USD-SOFR + 0.425%) due 2/15/27
|
| | | | 220,593 | | |
| | | 125,625 | | | |
Acuris Finance U.S. Inc., due 2/16/28
|
| | | | 124,552 | | |
| | | 89,542 | | | |
ADMI Corp., due 12/23/27
|
| | | | 86,129 | | |
| | | 162,525 | | | |
Air Canada, 8.935% (1-Month USD-SOFR + 0.350%) due 8/11/28
|
| | | | 162,548 | | |
| | | 234,413 | | | |
Alliant Holdings Intermediate LLC, 8.821% (1-Month USD-SOFR + 0.350%)
due 11/6/30 |
| | | | 234,457 | | |
| | | 48,875 | | | |
Allied Universal Holdco LLC, 9.176% (1-Month USD-SOFR + 0.375%) due
5/12/28 |
| | | | 48,649 | | |
| | | 61,010 | | | |
Allspring Buyer LLC, 8.887% (3-Month USD-SOFR + 0.325%) due 11/1/28
|
| | | | 60,867 | | |
| | | 39,700 | | | |
Altice France SA, 10.814% (3-Month USD-SOFR + 0.550%) due 8/15/28
|
| | | | 36,623 | | |
| | | | | | | Applied Systems Inc.: | | ||||||
| | | 160,000 | | | |
due 2/24/31(m)
|
| | | | 160,566 | | |
| | | 20,000 | | | |
10.571% (3-Month USD-SOFR + 0.525%) due 2/23/32
|
| | | | 20,450 | | |
| | | 60,000 | | | |
Artera Services LLC, 9.814% (1-Month USD-SOFR + 0.450%) due 2/15/31
|
| | | | 60,150 | | |
| | | 296,579 | | | |
Ascend Learning LLC, 8.926% (1-Month USD-SOFR + 0.350%) due 12/11/28
|
| | | | 291,223 | | |
| | | 240,383 | | | |
Astra Acquisition Corp., 10.860% (3-Month USD-SOFR + 0.525%) due
10/25/28 |
| | | | 112,499 | | |
| | | 20,000 | | | |
Asurion LLC, 10.691% (1-Month USD-SOFR + 0.525%) due 1/31/28
|
| | | | 19,057 | | |
| | | 267,379 | | | |
Aveanna Healthcare LLC, 9.193% (3-Month USD-SOFR + 0.375%) due
7/17/28 |
| | | | 251,432 | | |
| | | 329,423 | | | |
Bausch + Lomb Corp., 8.671% (1-Month USD-SOFR + 0.325%) due 5/10/27
|
| | | | 325,974 | | |
| | | 295,000 | | | |
Boxer Parent Co., Inc., 9.576% (1-Month USD-SOFR + 0.425%) due 12/29/28
|
| | | | 295,805 | | |
| | | 65,000 | | | |
Brand Industrial Services Inc., due 8/1/30(m)
|
| | | | 65,105 | | |
| | | 35,000 | | | |
Buckeye Partners LP, due 11/1/26(m)
|
| | | | 35,006 | | |
| | | | | | | Caesars Entertainment Inc.: | | ||||||
| | | 138,950 | | | |
8.663% (3-Month USD-SOFR + 0.325%) due 2/6/30
|
| | | | 138,969 | | |
| | | 115,000 | | | |
8.040% (3-Month USD-SOFR + 0.275%) due 2/6/31
|
| | | | 114,761 | | |
| | | 90,000 | | | |
Camelot U.S. Acquisition LLC, 8.076% (1-Month USD-SOFR + 0.275%) due
1/31/31 |
| | | | 89,662 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| SENIOR LOANS(b) – (continued) | | ||||||||||||
| | $ | 126,903 | | | |
Cengage Learning Inc., 10.326% (3-Month USD-SOFR + 0.475%) due
7/14/26 |
| | | $ | 126,825 | | |
| | | 80,000 | | | |
Central Parent LLC, 9.348% (3-Month USD-SOFR + 0.400%) due 7/6/29
|
| | | | 80,154 | | |
| | | 70,000 | | | |
Charter Next Generation Inc., due 12/1/27(m)
|
| | | | 69,952 | | |
| | | 64,978 | | | |
ClubCorp Holdings Inc., 10.610% (3-Month USD-SOFR + 0.500%) due
9/18/26 |
| | | | 64,694 | | |
| | | 80,000 | | | |
Clydesdale Acquisition Holdings Inc., 9.001% (1-Month USD-SOFR + 0.368%)
due 4/13/29 |
| | | | 79,883 | | |
| | | 8,139 | | | |
Columbus McKinnon Corp., 8.389% (3-Month USD-SOFR + 0.275%) due
5/14/28 |
| | | | 8,144 | | |
| | | 62,563 | | | |
Connect Finco SARL, 8.826% (1-Month USD-SOFR + 0.350%) due 12/11/26
|
| | | | 62,458 | | |
| | | 102,272 | | | |
Cornerstone OnDemand Inc., 9.191% (1-Month USD-SOFR + 0.375%) due
10/16/28 |
| | | | 99,524 | | |
| | | 200,000 | | | |
Cotiviti Holdings Inc., due 2/24/31(m)
|
| | | | 199,250 | | |
| | | 59,689 | | | |
CSC Holdings LLC, 7.932% (1-Month USD-SOFR + 0.250%) due 4/15/27
|
| | | | 55,744 | | |
| | | 34,533 | | | |
Cyxtera DC Holdings Inc., 0.000% (3-Month USD-SOFR + 0.200%) due
5/1/24 |
| | | | 1,381 | | |
| | | 117,385 | | | |
DCert Buyer Inc., 9.326% (1-Month USD-SOFR + 0.400%) due 10/16/26
|
| | | | 116,398 | | |
| | | 15,000 | | | |
DG Investment Intermediate Holdings 2 Inc., 12.191% (1-Month USD-SOFR +
0.675%) due 3/30/29 |
| | | | 13,950 | | |
| | | 36,907 | | | |
DIRECTV Financing LLC, 10.441% (1-Month USD-SOFR + 0.500%) due
8/2/27 |
| | | | 36,853 | | |
| | | | | | | Dynasty Acquisition Co., Inc.: | | ||||||
| | | 243,775 | | | |
9.326% (1-Month USD-SOFR + 0.400%) due 8/24/28
|
| | | | 244,248 | | |
| | | 185,052 | | | |
EAB Global Inc., 8.941% (1-Month USD-SOFR + 0.350%) due 8/16/28
|
| | | | 184,551 | | |
| | | 24,313 | | | |
Ecovyst Catalyst Technologies LLC, 7.913% (3-Month USD-SOFR + 0.250%)
due 6/9/28 |
| | | | 24,215 | | |
| | | | | | | EG Group Ltd.: | | ||||||
| | | 19,630 | | | |
0.000% (1-Month USD-SOFR + 0.400%) due 3/31/26
|
| | | | 19,581 | | |
| | | 65,000 | | | |
due 2/7/28(m)
|
| | | | 63,781 | | |
| | | 325,469 | | | |
Fertitta Entertainment LLC, 9.326% (1-Month USD-SOFR + 0.400%) due
1/27/29 |
| | | | 325,592 | | |
| | | 21,106 | | | |
Flame NewCo LLC, 7.426% (1-Month USD-SOFR + 0.200%) due 6/30/28
|
| | | | 20,051 | | |
| | | 341,113 | | | |
Gainwell Acquisition Corp., 9.448% (3-Month USD-SOFR + 0.400%) due
10/1/27 |
| | | | 324,058 | | |
| | | 180,000 | | | |
Garda World Security Corp., 9.625% (3-Month USD-SOFR + 0.425%) due
2/1/29 |
| | | | 179,775 | | |
| | | 32,707 | | | |
Grab Holdings Inc., 9.941% (1-Month USD-SOFR + 0.450%) due 1/29/26
|
| | | | 32,715 | | |
| | | 106,719 | | | |
Great Outdoors Group LLC, 9.191% (1-Month USD-SOFR + 0.375%) due
3/6/28 |
| | | | 106,699 | | |
| | | 24,154 | | | |
Greystone Select Financial LLC, 10.571% (3-Month USD-SOFR + 0.500%) due
6/16/28 |
| | | | 24,033 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| SENIOR LOANS(b) – (continued) | | ||||||||||||
| | $ | 154,597 | | | |
Grifols Worldwide Operations Ltd., 7.426% (1-Month USD-SOFR + 0.200%)
due 11/15/27 |
| | | $ | 151,467 | | |
| | | 70,000 | | | |
Hexion Holdings Corp., 9.826% (3-Month USD-SOFR + 0.450%) due 3/15/29
|
| | | | 67,134 | | |
| | | 149,543 | | | |
Hunter Douglas Holding BV, 8.824% (3-Month USD-SOFR + 0.350%) due
2/26/29(d) |
| | | | 147,581 | | |
| | | | | | | Husky Injection Molding Systems Ltd.: | | ||||||
| | | 97,147 | | | |
8.441% (1-Month USD-SOFR + 0.300%) due 3/28/25
|
| | | | 96,054 | | |
| | | 220,000 | | | |
due 2/1/29(m)
|
| | | | 217,965 | | |
| | | 365,000 | | | |
Ineos US Finance LLC, 9.076% (1-Month USD-SOFR + 0.375%) due 2/7/31
|
| | | | 362,036 | | |
| | | 170,000 | | | |
Kenan Advantage Group Inc., 9.076% (1-Month USD-SOFR + 0.375%) due
1/25/29 |
| | | | 169,301 | | |
| | | 77,501 | | | |
Kronos Acquisition Holdings Inc., 9.360% (3-Month USD-SOFR + 0.375%) due
12/22/26 |
| | | | 77,501 | | |
| | | 330,000 | | | |
LifePoint Health Inc., 11.087% (3-Month USD-SOFR + 0.550%) due 11/16/28
|
| | | | 330,102 | | |
| | | 33,363 | | | |
Lions Gate Capital Holdings LLC, 7.676% (1-Month USD-SOFR + 0.225%) due
3/24/25 |
| | | | 33,293 | | |
| | | 35,541 | | | |
Maravai Intermediate Holdings LLC, 8.310% (3-Month USD-SOFR + 0.300%)
due 10/19/27 |
| | | | 34,727 | | |
| | | 83,082 | | | |
McAfee Corp., 9.178% (1-Month USD-SOFR + 0.375%) due 3/1/29
|
| | | | 82,563 | | |
| | | 77,000 | | | |
Mileage Plus Holdings LLC, 10.770% (3-Month USD-SOFR + 0.525%) due
6/21/27 |
| | | | 79,231 | | |
| | | 170,000 | | | |
Motion Acquisition Ltd., due 11/12/29(d)(m)
|
| | | | 169,362 | | |
| | | 18,100 | | | |
NASCAR Holdings LLC, 7.941% (1-Month USD-SOFR + 0.250%) due
10/19/26 |
| | | | 18,137 | | |
| | | 145,788 | | | |
Olympus Water US Holding Corp., 9.360% (3-Month USD-SOFR + 0.375%) due
11/9/28 |
| | | | 145,525 | | |
| | | 296,837 | | | |
OneDigital Borrower LLC, 9.676% (1-Month USD-SOFR + 0.425%) due
11/16/27 |
| | | | 296,653 | | |
| | | 80,000 | | | |
Ontario Gaming GTA LP, 9.598% (3-Month USD-SOFR + 0.425%) due 8/1/30
|
| | | | 79,893 | | |
| | | 50,892 | | | |
Organon & Co., 8.432% (1-Month USD-SOFR + 0.300%) due 6/2/28
|
| | | | 50,924 | | |
| | | 328,333 | | | |
Osmosis Buyer Ltd., 9.080% (1-Month USD-SOFR + 0.375%) due 7/31/28
|
| | | | 327,273 | | |
| | | 53,314 | | | |
Packaging Coordinators Midco Inc., 9.110% (3-Month USD-SOFR + 0.350%)
due 11/30/27 |
| | | | 53,306 | | |
| | | 73,125 | | | |
PetSmart LLC, 9.176% (1-Month USD-SOFR + 0.375%) due 2/11/28
|
| | | | 72,790 | | |
| | | 83,848 | | | |
Polaris Newco LLC, 9.574% (3-Month USD-SOFR + 0.400%) due 6/2/28
|
| | | | 81,952 | | |
| | | 74,737 | | | |
Pregis TopCo LLC, 9.076% (1-Month USD-SOFR + 0.375%) due 7/31/26
|
| | | | 74,724 | | |
| | | | | | | Pretium PKG Holdings Inc.: | | ||||||
| | | 72,586 | | | |
9.906% (3-Month USD-SOFR + 0.460%) due 10/2/28
|
| | | | 63,876 | | |
| | | 48,543 | | | |
10.306% (3-Month USD-SOFR + 0.500%) due 10/2/28
|
| | | | 48,705 | | |
| | | 169,877 | | | |
Pug LLC, 8.941% (1-Month USD-SOFR + 0.350%) due 2/12/27
|
| | | | 166,600 | | |
| | | 328,321 | | | |
RealPage Inc., 8.441% (1-Month USD-SOFR + 0.300%) due 4/24/28
|
| | | | 319,252 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| SENIOR LOANS(b) – (continued) | | ||||||||||||
| | $ | 148,741 | | | |
Scientific Games Holdings LP, 8.580% (3-Month USD-SOFR + 0.325%) due
4/4/29 |
| | | $ | 148,369 | | |
| | | 67,500 | | | |
SkyMiles IP Ltd., 9.068% (3-Month USD-SOFR + 0.375%) due 10/20/27
|
| | | | 69,341 | | |
| | | 19,200 | | | |
SMG US Midco 2 Inc., 8.074% (3-Month USD-SOFR + 0.250%) due 1/23/25
|
| | | | 19,188 | | |
| | | 33,697 | | | |
Sunshine Luxembourg VII SARL, 8.948% (3-Month USD-SOFR + 0.350%) due
10/1/26 |
| | | | 33,730 | | |
| | | 127,055 | | | |
SWF Holdings I Corp., 9.441% (1-Month USD-SOFR + 0.400%) due 10/6/28
|
| | | | 114,866 | | |
| | | 48,750 | | | |
Tecta America Corp., 9.441% (1-Month USD-SOFR + 0.400%) due 4/10/28
|
| | | | 48,735 | | |
| | | 43,452 | | | |
Tricorbraun Holdings Inc., 8.691% (1-Month USD-SOFR + 0.325%)
due 3/3/28 |
| | | | 42,788 | | |
| | | 131,625 | | | |
Triton Water Holdings Inc., 8.860% (3-Month USD-SOFR + 0.325%) due
3/31/28 |
| | | | 129,185 | | |
| | | 145,000 | | | |
UKG Inc., 8.814% (3-Month USD-SOFR + 0.350%) due 2/10/31
|
| | | | 145,068 | | |
| | | 200,000 | | | |
United AirLines Inc., 8.076% (3-Month USD-SOFR + 0.275%) due 2/22/31
|
| | | | 199,750 | | |
| | | 36,994 | | | |
Upbound Group Inc., 9.119% (6-Month USD-SOFR + 0.325%) due 2/17/28
|
| | | | 36,917 | | |
| | | 4,875 | | | |
Verscend Holding Corp., 9.441% (1-Month USD-SOFR + 0.400%) due
8/27/25 |
| | | | 4,872 | | |
| | | 70,000 | | | |
Vestis Corp., due 2/22/31(m)
|
| | | | 69,913 | | |
| | | 135,000 | | | |
Wand Newco 3 Inc., 9.076% (1-Month USD-SOFR + 0.375%) due 1/30/31
|
| | | | 135,169 | | |
| | | 255,000 | | | |
WEC US Holdings Ltd., 8.076% (1-Month USD-SOFR + 0.275%) due 1/27/31
|
| | | | 254,003 | | |
| | | 10,264 | | | |
WestJet Airlines Ltd., 8.426% (1-Month USD-SOFR + 0.300%) due 12/11/26
|
| | | | 10,243 | | |
| | | 165,000 | | | |
WestJet Loyalty LP, 9.068% (3-Month USD-SOFR + 0.375%) due 2/14/31
|
| | | | 163,556 | | |
| | | 80,000 | | | |
Zayo Group Holdings Inc., 8.441% (1-Month USD-SOFR + 0.300%) due
3/9/27 |
| | | | 71,820 | | |
| | | 20,000 | | | |
Ziggo Financing Partnership, 7.932% (1-Month USD-SOFR + 0.250%) due
4/30/28 |
| | | | 19,655 | | |
| | | | | | |
TOTAL SENIOR LOANS
(Cost – $11,684,162) |
| | |
|
11,528,091
|
| |
| SOVEREIGN BONDS – 0.5% | | ||||||||||||
| Bermuda – 0.1% | | ||||||||||||
| | | | | | | Bermuda Government International Bond: | | ||||||
| | | 890,000 | | | |
2.375% due 8/20/30
|
| | | | 741,815 | | |
| | | 800,000 | | | |
5.000% due 7/15/32
|
| | | | 767,040 | | |
| | | | | | |
Total Bermuda
|
| | | | 1,508,855 | | |
| Chile – 0.0% | | ||||||||||||
| | | 655,000 | | | |
Chile Government International Bond, 4.950% due 1/5/36
|
| | | | 631,487 | | |
| Colombia – 0.0% | | ||||||||||||
| | | 200,000 | | | |
Colombia Government International Bond, 4.125% due 5/15/51
|
| | | | 122,081 | | |
| Hungary – 0.1% | | ||||||||||||
| | | | | | | Hungary Government International Bond: | | ||||||
| | | 560,000 | | | |
6.125% due 5/22/28(e)
|
| | | | 571,200 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| SOVEREIGN BONDS – (continued) | | ||||||||||||
| Hungary – (continued) | | ||||||||||||
| | $ | 835,000 | | | |
5.500% due 3/26/36(e)
|
| | | $ | 801,630 | | |
| | | | | | |
Total Hungary
|
| | | | 1,372,830 | | |
| Mexico – 0.1% | | ||||||||||||
| | | | | | | Mexico Government International Bond: | | ||||||
| | | 410,000 | | | |
3.500% due 2/12/34
|
| | | | 338,295 | | |
| | | 1,775,000 | | | |
6.000% due 5/7/36
|
| | | | 1,766,527 | | |
| | | 300,000 | | | |
6.338% due 5/4/53
|
| | | | 292,326 | | |
| | | 200,000 | | | |
6.400% due 5/7/54
|
| | | | 196,755 | | |
| | | | | | |
Total Mexico
|
| | | | 2,593,903 | | |
| Panama – 0.0% | | ||||||||||||
| | | | | | | Panama Government International Bond: | | ||||||
| | | 200,000 | | | |
6.875% due 1/31/36
|
| | | | 188,807 | | |
| | | 295,000 | | | |
6.853% due 3/28/54
|
| | | | 259,071 | | |
| | | 300,000 | | | |
3.870% due 7/23/60
|
| | | | 166,951 | | |
| | | | | | |
Total Panama
|
| | | | 614,829 | | |
| Romania – 0.1% | | ||||||||||||
| | | | | | | Romanian Government International Bond: | | ||||||
| | | 918,000 | | | |
5.875% due 1/30/29(e)
|
| | | | 910,080 | | |
| | | 1,228,000 | | | |
3.000% due 2/14/31
|
| | | | 1,019,240 | | |
| | | 366,000 | | | |
6.375% due 1/30/34(e)
|
| | | | 363,416 | | |
| | | | | | |
Total Romania
|
| | | | 2,292,736 | | |
| Saudi Arabia – 0.1% | | ||||||||||||
| | | | | | | Saudi Government International Bond: | | ||||||
| | | 395,000 | | | |
5.000% due 1/16/34(e)
|
| | | | 387,562 | | |
| | | 630,000 | | | |
5.000% due 1/18/53(e)
|
| | | | 554,400 | | |
| | | 610,000 | | | |
5.750% due 1/16/54(e)
|
| | | | 588,379 | | |
| | | | | | |
Total Saudi Arabia
|
| | | | 1,530,341 | | |
| South Africa – 0.0% | | ||||||||||||
| | | 200,000 | | | |
Republic of South Africa Government International Bond, 4.300% due
10/12/28 |
| | | | 180,000 | | |
| | | | | | |
TOTAL SOVEREIGN BONDS
(Cost – $11,496,074) |
| | |
|
10,847,062
|
| |
|
Face Amount†
|
| |
Rating††
|
| |
Security
|
| |
Value
|
| ||||||
| MUNICIPAL BONDS – 0.1% | | | ||||||||||||||
| California – 0.0% | | | ||||||||||||||
| | $ | 20,000 | | | | AA- | | |
Regents of the University of California Medical Center Pooled Revenue,
Revenue Bonds, 6.548% due 5/15/48 |
| | | $ | 22,720 | | |
| | | 360,000 | | | | AA- | | |
State of California, GO, 7.300% due 10/1/39
|
| | | | 421,168 | | |
| | | | | | | | | |
Total California
|
| | | | 443,888 | | |
| Massachusetts – 0.0% | | | ||||||||||||||
| | | 478,085 | | | | Aa1(n) | | |
Commonwealth of Massachusetts, Revenue Bonds, 4.110% due 7/15/31
|
| | | | 470,000 | | |
| New York – 0.1% | | | | | | | | |||||||||
| | | 680,000 | | | | A- | | |
Metropolitan Transportation Authority, Revenue Bonds, 6.814% due
11/15/40 |
| | | | 750,663 | | |
| | | 810,000 | | | | A+ | | |
New York Transportation Development Corp., Revenue Bonds, 4.248% due
9/1/35 |
| | | | 782,519 | | |
| | | | | | | | | |
Total New York
|
| | | | 1,533,182 | | |
| Texas – 0.0% | | | ||||||||||||||
| | | 275,000 | | | | A+ | | |
Dallas Fort Worth International Airport, Revenue Bonds, 4.507% due
11/1/51 |
| | | | 249,940 | | |
| | | | | | | | | |
TOTAL MUNICIPAL BONDS
(Cost – $3,139,308) |
| | |
|
2,697,010
|
| |
|
Shares/Units
|
| | | | | | | | | | ||||||
| EXCHANGE TRADED FUND (ETF) – 4.1% | | |||||||||||||||
| | | 849,503 | | | | | | |
iShares Core U.S. Aggregate Bond
(Cost – $83,002,328) |
| | | | 82,699,120 | | |
| COMMON STOCKS – 0.0% | | |||||||||||||||
| COMMUNICATIONS – 0.0% | | |||||||||||||||
| Telecommunications – 0.0% | | |||||||||||||||
| | | 1,030 | | | | | | |
Intelsat SA*(d)(g)
|
| | | | 27,556 | | |
| INDUSTRIAL – 0.0% | | |||||||||||||||
| Metals & Mining – 0.0% | | |||||||||||||||
| | | 1,907 | | | | | | |
Flame Aggregator LLC*(d)(g)
|
| | | | 14,779 | | |
| | | | | | | | | |
TOTAL INDUSTRIAL
|
| | | | 14,779 | | |
| | | | | | | | | |
TOTAL COMMON STOCKS
(Cost – $84,901) |
| | |
|
42,335
|
| |
| | | | | | | | | |
TOTAL INVESTMENTS BEFORE SHORT-TERM INVESTMENTS
(Cost – $2,258,428,816) |
| | |
|
2,069,927,078
|
| |
|
Face Amount†
|
| | | | |
Security
|
| |
Value
|
| ||||||
| SHORT-TERM INVESTMENTS – 2.5% | | |||||||||||||||
| TIME DEPOSITS – 2.5% | | |||||||||||||||
| | | 53EUR | | | | | | |
Citibank – London, 2.820% due 3/1/24
|
| | | $ | 58 | | |
| | $ | 6,076,597 | | | | | | |
Citibank – New York, 4.680% due 3/1/24
|
| | | | 6,076,597 | | |
| | | 29,024,210 | | | | | | |
JPMorgan Chase & Co. – New York, 4.680% due 3/1/24
|
| | | | 29,024,210 | | |
| | | 16,096,519 | | | | | | |
Skandinaviska Enskilda Banken AB – Stockholm, 4.680% due 3/1/24
|
| | | | 16,096,519 | | |
| | | | | | | | | |
TOTAL TIME DEPOSITS
(Cost – $51,197,384) |
| | |
|
51,197,384
|
| |
| | | | | | | | | |
TOTAL INVESTMENTS – 105.4%
(Cost – $2,309,626,200) |
| | |
|
2,121,124,462
|
| |
| | | | | | | | | |
Liabilities in Excess of Other Assets – (5.4)%
|
| | | | (108,139,471) | | |
| | | | | | | | | |
TOTAL NET ASSETS – 100.0%
|
| | | $ | 2,012,984,991 | | |
Security
|
| |
First
Acquisition Date |
| |
First
Acquisition Cost |
| |
Market
Value |
| |
Percent of
Net Assets |
| ||||||||||||
Plains All American Pipeline LP/PAA Finance Corp., Senior Unsecured Notes:
|
| | | | | | | | | | | | | | | | | | | | |||||
3.550% due 12/15/29
|
| | | | 3/24/2022 | | | | | $ | 134,858 | | | | | $ | 95,264 | | | | | | 0.00% | | |
Transcontinental Gas Pipe Line Co. LLC, Senior Unsecured Notes, 3.250% due 5/15/30
|
| | | | 3/17/2022 | | | | | | 220,781 | | | | | | 139,422 | | | | | | 0.01% | | |
Total | | | | | | | | | | | | | | | | $ | 234,686 | | | | | | 0.01% | | |
|
Mortgage-Backed Securities
|
| | | | 24.0% | | |
|
U.S. Government Obligations
|
| | | | 19.9 | | |
|
Collateralized Mortgage Obligations
|
| | | | 19.7 | | |
|
Corporate Bonds & Notes
|
| | | | 19.3 | | |
|
Asset-Backed Securities
|
| | | | 9.7 | | |
|
Exchange Traded Fund (ETF)
|
| | | | 3.9 | | |
|
Senior Loans
|
| | | | 0.5 | | |
|
Sovereign Bonds
|
| | | | 0.5 | | |
|
Municipal Bonds
|
| | | | 0.1 | | |
|
Common Stocks
|
| | | | 0.0* | | |
|
Short-Term Investments
|
| | | | 2.4 | | |
| | | | | | 100.0% | | |
Open Futures Contracts
|
| |
Number of
Contracts |
| |
Expiration
Date (Month/Year) |
| |
Notional
Amounts |
| |
Market Value
|
| |
Unrealized
Appreciation/ (Depreciation) |
| |||||||||||||||
Contracts to Buy: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
U.S. 10 Year Note (CBT)
|
| | | | 368 | | | | | | 6/24 | | | | | $ | 40,621,098 | | | | | $ | 40,641,000 | | | | | $ | 19,902 | | |
Contracts to Sell: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
U.S. 10 Year Ultra
|
| | | | 241 | | | | | | 6/24 | | | | | $ | (27,476,266) | | | | | $ | 27,515,422 | | | | | $ | (39,156) | | |
U.S. 2 Year Note (CBT)
|
| | | | 417 | | | | | | 6/24 | | | | | | (85,340,625) | | | | | | 85,380,750 | | | | | | (40,125) | | |
U.S. 5 Year Note (CBT)
|
| | | | 132 | | | | | | 6/24 | | | | | | (14,088,618) | | | | | | 14,111,625 | | | | | | (23,007) | | |
U.S. Long Bond (CBT)
|
| | | | 48 | | | | | | 6/24 | | | | | | (5,715,750) | | | | | | 5,724,000 | | | | | | (8,250) | | |
U.S. Ultra Bond (CBT)
|
| | | | 88 | | | | | | 6/24 | | | | | | (11,241,180) | | | | | | 11,253,000 | | | | | | (11,820) | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | (122,358) | | |
Net Unrealized Depreciation on Open Exchange Traded Futures Contracts | | | | $ | (102,456) | | |
Pay/Receive Floating Rate
|
| |
Floating
Rate Index |
| |
Fixed
Rate |
| |
Maturity
Date |
| |
Notional
Amounts |
| |
Market
Value |
| |
Upfront
Premiums Paid/ (Received) |
| |
Unrealized
Appreciation |
| |||||||||||||||
Receive
|
| |
1D SOFR
|
| | | | 3.590% | | | | | | 9/20/53 | | | |
USD 2,765,000
|
| | | $ | 53,717 | | | | | $ | 11,920 | | | | | $ | 41,797 | | |
Receive
|
| |
1D SOFR
|
| | | | 3.250% | | | | | | 6/21/53 | | | |
USD 960,000
|
| | | | 83,182 | | | | | | (10,562) | | | | | | 93,744 | | |
Receive
|
| |
1D SOFR
|
| | | | 2.880% | | | | | | 3/15/53 | | | |
USD 990,000
|
| | | | 158,469 | | | | | | 11,594 | | | | | | 146,875 | | |
Receive
|
| |
1D SOFR
|
| | | | 2.970% | | | | | | 3/15/53 | | | |
USD 3,065,000
|
| | | | 439,524 | | | | | | 9,928 | | | | | | 429,596 | | |
| | | | | | | | | | | | | | | | | | | | | | $ | 734,892 | | | | | $ | 22,880 | | | | | $ | 712,012 | | |
|
Face Amounts
|
| |
Security
|
| |
Value
|
| ||||||
| | | | | | | Federal National Mortgage Association: | | ||||||
| | $ | 400,000 | | | |
2.000% due 3/1/39(a) (Proceeds – $354,969)
|
| | | $ | (352,817) | | |
| | | 725,000 | | | |
3.000% due 3/1/39(a) (Proceeds – $674,845)
|
| | | | (671,696) | | |
| | | 4,640,000 | | | |
3.000% due 3/1/54(a) (Proceeds – $4,015,538)
|
| | | | (3,968,207) | | |
| | | 1,335,000 | | | |
3.500% due 3/1/54(a) (Proceeds – $1,183,770)
|
| | | | (1,187,565) | | |
| | | 1,635,000 | | | |
4.000% due 3/1/54(a) (Proceeds – $1,518,362)
|
| | | | (1,504,159) | | |
| | | 136,000 | | | |
4.500% due 3/1/54(a) (Proceeds – $130,379)
|
| | | | (128,728) | | |
| | | 15,490,000 | | | |
5.000% due 3/1/54(a) (Proceeds – $15,151,897)
|
| | | | (15,020,467) | | |
| | | 200,000 | | | |
5.500% due 3/1/54(a) (Proceeds – $199,211)
|
| | | | (197,835) | | |
| | | | | | | Government National Mortgage Association: | | ||||||
| | | 3,445,000 | | | |
2.500% due 3/1/54(a) (Proceeds – $2,910,565)
|
| | | | (2,915,419) | | |
| | | 1,555,000 | | | |
3.000% due 3/1/54(a) (Proceeds – $1,360,252)
|
| | | | (1,363,149) | | |
| | | 2,465,000 | | | |
4.000% due 3/1/54(a) (Proceeds – $2,285,958)
|
| | | | (2,293,929) | | |
| | | 820,000 | | | |
4.500% due 3/1/54(a) (Proceeds – $780,089)
|
| | | | (783,007) | | |
| | | 815,000 | | | |
5.000% due 3/1/54(a) (Proceeds – $794,020)
|
| | | | (796,014) | | |
| | | | | | |
TOTAL OPEN FORWARD SALE COMMITMENTS
(Proceeds – $31,359,854) |
| | |
$
|
(31,182,992)
|
| |
|
Face Amount/Units†
|
| |
Security
|
| |
Value
|
| ||||||
| CORPORATE BONDS & NOTES – 37.3% | | ||||||||||||
| Basic Materials – 2.9% | | ||||||||||||
| | $ | 200,000 | | | |
AngloGold Ashanti Holdings PLC, Company Guaranteed Notes, 3.375% due
11/1/28 |
| | | $ | 179,135 | | |
| | | 200,000 | | | |
Braskem Netherlands Finance BV, Company Guaranteed Notes, 8.500% (5-Year
CMT Index + 8.220%) due 1/23/81(a) |
| | | | 193,143 | | |
| | | 200,000 | | | |
Compania de Minas Buenaventura SAA, Company Guaranteed Notes, 5.500%
due 7/23/26 |
| | | | 192,313 | | |
| | | 200,000 | | | |
Freeport Indonesia PT, Senior Unsecured Notes, 4.763% due 4/14/27(b)
|
| | | | 194,509 | | |
| | | 250,000 | | | |
Freeport-McMoRan Inc., Company Guaranteed Notes, 4.125% due 3/1/28
|
| | | | 237,200 | | |
| | | | | | | Glencore Funding LLC, Company Guaranteed Notes: | | | | | | | |
| | | 15,000 | | | |
4.125% due 3/12/24(b)
|
| | | | 14,994 | | |
| | | 60,000 | | | |
4.000% due 4/16/25(b)
|
| | | | 58,957 | | |
| | | 212,000 | | | |
1.625% due 9/1/25(b)
|
| | | | 200,247 | | |
| | | 200,000 | | | |
Gold Fields Orogen Holdings BVI Ltd., Company Guaranteed Notes, 5.125% due
5/15/24 |
| | | | 199,336 | | |
| | | 200,000 | | | |
Indonesia Asahan Aluminium PT/Mineral Industri Indonesia Persero PT, Senior
Unsecured Notes, 4.750% due 5/15/25 |
| | | | 197,410 | | |
| | | 200,000 | | | |
Industrias Penoles SAB de CV, Senior Unsecured Notes, 4.150% due 9/12/29
|
| | | | 184,873 | | |
| | | 3,497,000 | | | |
Infrabuild Australia Pty Ltd., Senior Secured Notes, 14.500% due 11/15/28(b)(c)
|
| | | | 3,597,539 | | |
| | | 200,000 | | | |
MEGlobal Canada ULC, Company Guaranteed Notes, 5.000% due 5/18/25
|
| | | | 197,262 | | |
| | | 200,000 | | | |
Sasol Financing USA LLC, Company Guaranteed Notes, 4.375% due 9/18/26
|
| | | | 186,740 | | |
| | | 100,000 | | | |
Suzano International Finance BV, Company Guaranteed Notes, 4.000%
due 1/14/25 |
| | | | 98,250 | | |
| | | 5,779,224 | | | |
TPC Group Inc., Senior Secured Notes, 13.000% due 12/16/27(b)
|
| | | | 5,890,471 | | |
| | | | | | |
Total Basic Materials
|
| | | | 11,822,379 | | |
| Communications – 6.5% | | ||||||||||||
| | | 200,000 | | | |
Bharti Airtel Ltd., Senior Unsecured Notes, 4.375% due 6/10/25
|
| | | | 196,471 | | |
| | | 8,600,000 | | | |
BuzzFeed Inc., Company Guaranteed Notes, 8.500% due 12/3/26(b)
|
| | | | 7,353,000 | | |
| | | 3,293,000 | | | |
Clear Channel International BV, Senior Secured Notes, 6.625% due 8/1/25(b)
|
| | | | 3,293,856 | | |
| | | 1,663,000 | | | |
Connect Finco SARL/Connect US Finco LLC, Senior Secured Notes, 6.750%
due 10/1/26(b) |
| | | | 1,631,698 | | |
| | | 272,000 | | | |
Expedia Group Inc., Company Guaranteed Notes, 6.250% due 5/1/25(b)
|
| | | | 273,226 | | |
| | | 2,126,000 | | | |
Getty Images Inc., Company Guaranteed Notes, 9.750% due 3/1/27(b)
|
| | | | 2,119,513 | | |
| | | | | | | Go North Group AB: | | | | | | | |
| | | 2,263,000 | | | |
Senior Secured Notes, 5.335% due 2/9/26(a)(c)
|
| | | | 2,263,000 | | |
| | | 1,604,271SEK | | | |
Senior Unsecured Notes, 15.000% due 2/2/28(c)
|
| | | | — | | |
| | | 180,000 | | | |
Millicom International Cellular SA, Senior Unsecured Notes, 5.125% due
1/15/28 |
| | | | 171,615 | | |
| | | 6,342,000EUR | | | |
Opnet SpA, Senior Secured Notes, 10.925% (3-Month EURIBOR + 6.000%) due
2/9/26(a)(b)(d) |
| | | | 6,827,704 | | |
|
Face Amount/Units†
|
| |
Security
|
| |
Value
|
| ||||||
| CORPORATE BONDS & NOTES – (continued) | | ||||||||||||
| Communications – (continued) | | ||||||||||||
| | $ | 1,797,000 | | | |
Sprint LLC, Company Guaranteed Notes, 7.125% due 6/15/24
|
| | | $ | 1,801,762 | | |
| | | 200,000 | | | |
Telefonica Celular del Paraguay SA, Senior Unsecured Notes, 5.875% due
4/15/27 |
| | | | 196,266 | | |
| | | | | | |
Total Communications
|
| | | | 26,128,111 | | |
| Consumer Cyclical – 1.9% | | ||||||||||||
| | | 937,000 | | | |
American Greetings Corp., Company Guaranteed Notes, 8.750% due
4/15/25(b) |
| | | | 938,171 | | |
| | | 282,000 | | | |
Dollar Tree Inc., Senior Unsecured Notes, 4.000% due 5/15/25
|
| | | | 276,953 | | |
| | | 282,000 | | | |
Ford Motor Co., Senior Unsecured Notes, 4.346% due 12/8/26
|
| | | | 273,944 | | |
| | | 277,000 | | | |
General Motors Financial Co., Inc., Company Guaranteed Notes, 5.250% due
3/1/26 |
| | | | 276,110 | | |
| | | 1,095,325 | | | |
Hawaiian Airlines 2013-1 Class A Pass-Through Certificates, Pass-Thru
Certificates, 3.900% due 1/15/26 |
| | | | 1,022,471 | | |
| | | | | | | Marriott International Inc., Senior Unsecured Notes: | | | | | | | |
| | | 215,000 | | | |
3.600% due 4/15/24
|
| | | | 214,394 | | |
| | | 62,000 | | | |
5.000% due 10/15/27
|
| | | | 61,744 | | |
| | | 659,000EUR | | | |
Secop Group Holding GmbH, Senior Secured Notes, 12.325% (3-Month
EURIBOR + 8.400%) due 12/29/26(a) |
| | | | 728,273 | | |
| | | 3,877,000 | | | |
Tapestry Inc., Senior Unsecured Notes, 7.050% due 11/27/25
|
| | | | 3,949,382 | | |
| | | | | | |
Total Consumer Cyclical
|
| | | | 7,741,442 | | |
| Consumer Non-cyclical – 9.0% | | ||||||||||||
| | | 177,500 | | | |
Adani International Container Terminal Pvt Ltd., Senior Secured Notes, 3.000%
due 2/16/31 |
| | | | 152,090 | | |
| | | 200,000 | | | |
Adani Ports & Special Economic Zone Ltd., Senior Unsecured Notes, 4.000%
due 7/30/27 |
| | | | 182,768 | | |
| | | 277,000 | | | |
Amgen Inc., Senior Unsecured Notes, 5.507% due 3/2/26
|
| | | | 276,639 | | |
| | | 155,000 | | | |
Bristol-Myers Squibb Co., Senior Unsecured Notes, 5.833% (SOFRRATE +
0.490%) due 2/20/26(a) |
| | | | 155,554 | | |
| | | 13,681,000 | | | |
Cannabist Co. Holdings Inc., Senior Secured Notes, 9.500% due 2/3/26
|
| | | | 11,560,445 | | |
| | | 277,000 | | | |
Constellation Brands Inc., Senior Unsecured Notes, 5.000% due 2/2/26
|
| | | | 275,233 | | |
| | | 280,000 | | | |
Elevance Health Inc., Senior Unsecured Notes, 3.500% due 8/15/24
|
| | | | 277,269 | | |
| | | | | | | HCA Inc., Company Guaranteed Notes: | | | | | | | |
| | | 195,000 | | | |
5.000% due 3/15/24
|
| | | | 194,948 | | |
| | | 82,000 | | | |
5.375% due 2/1/25
|
| | | | 81,712 | | |
| | | | | | |
JBS USA LUX SA/JBS USA Food Co./JBS USA Finance Inc., Company
Guaranteed Notes: |
| | | | | | |
| | | 100,000 | | | |
2.500% due 1/15/27
|
| | | | 91,744 | | |
| | | 100,000 | | | |
3.000% due 2/2/29
|
| | | | 87,660 | | |
|
Face Amount/Units†
|
| |
Security
|
| |
Value
|
| ||||||
| CORPORATE BONDS & NOTES – (continued) | | ||||||||||||
| Consumer Non-cyclical – (continued) | | ||||||||||||
| | $ | 8,497,000 | | | |
Leafly Holdings Inc., Senior Unsecured Notes, 8.000% due 1/31/25(c)(d)
|
| | | $ | 7,222,450 | | |
| | | 200,000 | | | |
Minerva Luxembourg SA, Company Guaranteed Notes, 5.875% due 1/19/28
|
| | | | 190,709 | | |
| | | 1,695,000 | | | |
Nathan’s Famous Inc., Senior Secured Notes, 6.625% due 11/1/25(b)
|
| | | | 1,686,525 | | |
| | | 200,000 | | | |
NBM US Holdings Inc., Company Guaranteed Notes, 7.000% due 5/14/26
|
| | | | 199,640 | | |
| | | 200,000 | | | |
PSA Treasury Pte Ltd., Company Guaranteed Notes, 2.500% due 4/12/26
|
| | | | 189,731 | | |
| | | | | | | Royalty Pharma PLC, Company Guaranteed Notes: | | | | | | | |
| | | 40,000 | | | |
1.200% due 9/2/25
|
| | | | 37,450 | | |
| | | 310,000 | | | |
1.750% due 9/2/27
|
| | | | 276,045 | | |
| | | 3,025,000 | | | |
Tenet Healthcare Corp., Senior Secured Notes, 4.875% due 1/1/26
|
| | | | 3,021,873 | | |
| | | 7,626,000 | | | |
UpHealth Inc., Senior Unsecured Notes, 6.250% due 6/15/26(b)
|
| | | | 5,719,500 | | |
| | | 4,250,000 | | | |
Valvoline Inc., Company Guaranteed Notes, 4.250% due 2/15/30(b)
|
| | | | 4,223,122 | | |
| | | 282,000 | | | |
Zimmer Biomet Holdings Inc., Senior Unsecured Notes, 1.450% due 11/22/24
|
| | | | 273,577 | | |
| | | | | | |
Total Consumer Non-cyclical
|
| | | | 36,376,684 | | |
| Diversified – 0.7% | | ||||||||||||
| | | 2,505,000EUR | | | |
LR Global Holding GmbH, Senior Secured Notes, 11.202% (3-Month
EURIBOR + 7.250%) due 2/3/25(a) |
| | | | 2,727,709 | | |
| Energy – 3.5% | | ||||||||||||
| | | 250,000 | | | |
Adaro Indonesia PT, Company Guaranteed Notes, 4.250% due 10/31/24
|
| | | | 245,014 | | |
| | | 206,250 | | | |
AI Candelaria Spain SA, Senior Secured Notes, 7.500% due 12/15/28
|
| | | | 198,041 | | |
| | | 277,000 | | | |
BP Capital Markets America, Inc., Company Guaranteed Notes, 4.699% due
4/10/29 |
| | | | 273,653 | | |
| | | 200,000 | | | |
Cosan Luxembourg SA, Company Guaranteed Notes, 7.000% due 1/20/27
|
| | | | 201,578 | | |
| | | 4,327,000 | | | |
CrownRock LP/CrownRock Finance Inc., Senior Unsecured Notes, 5.625% due
10/15/25(b) |
| | | | 4,305,581 | | |
| | | 267,000 | | | |
Enbridge Inc., Company Guaranteed Notes, 5.900% due 11/15/26
|
| | | | 271,991 | | |
| | | 267,000 | | | |
Energy Transfer LP, Senior Unsecured Notes, 6.050% due 12/1/26
|
| | | | 271,727 | | |
| | | 129,320 | | | |
Galaxy Pipeline Assets Bidco Ltd., Senior Secured Notes, 1.750% due 9/30/27
|
| | | | 121,068 | | |
| | | 129,440 | | | |
GNL Quintero SA, Senior Unsecured Notes, 4.634% due 7/31/29
|
| | | | 127,056 | | |
| | | 171,358 | | | |
Guara Norte SARL, Senior Secured Notes, 5.198% due 6/15/34
|
| | | | 154,436 | | |
| | | 3,600,000 | | | |
HMH Holding BV, Senior Secured Notes, 9.875% due 11/16/26
|
| | | | 3,677,625 | | |
| | | 200,000 | | | |
Oleoducto Central SA, Senior Unsecured Notes, 4.000% due 7/14/27
|
| | | | 186,232 | | |
| | | 200,000 | | | |
ONGC Videsh Ltd., Company Guaranteed Notes, 4.625% due 7/15/24
|
| | | | 198,932 | | |
| | | 200,000 | | | |
Petrobras Global Finance BV, Company Guaranteed Notes, 7.375% due
1/17/27 |
| | | | 208,292 | | |
| | | 3,653,000 | | | |
Summit Midstream Holdings LLC/Summit Midstream Finance Corp., Secured
Notes, 9.000% due 10/15/26(b) |
| | | | 3,613,992 | | |
| | | | | | |
Total Energy
|
| | | | 14,055,218 | | |
|
Face Amount/Units†
|
| |
Security
|
| |
Value
|
| ||||||
| CORPORATE BONDS & NOTES – (continued) | | ||||||||||||
| Financial – 4.9% | | ||||||||||||
| | $ | 280,000 | | | |
American Express Co., Senior Unsecured Notes, 6.344% (SOFRRATE + 1.000%)
due 2/16/28(a) |
| | | $ | 280,985 | | |
| | | | | | | Athene Global Funding: | | | | | | | |
| | | 77,000 | | | |
Secured Notes, 1.716% due 1/7/25(b)
|
| | | | 74,471 | | |
| | | 200,000 | | | |
Senior Secured Notes, 6.045% (SOFRRATE + 0.700%) due 5/24/24(a)(b)
|
| | | | 200,148 | | |
| | | 297,000 | | | |
Avolon Holdings Funding Ltd., Senior Unsecured Notes, 2.125% due
2/21/26(b) |
| | | | 275,579 | | |
| | | 150,000 | | | |
Banco BBVA Peru SA, Subordinated Notes, 5.250% (5-Year CMT Index +
2.750%) due 9/22/29(a) |
| | | | 149,175 | | |
| | | 200,000 | | | |
Banco Bilbao Vizcaya Argentaria Colombia SA, Subordinated Notes, 4.875% due
4/21/25 |
| | | | 196,474 | | |
| | | 200,000 | | | |
Banco BTG Pactual SA, Senior Unsecured Notes, 4.500% due 1/10/25
|
| | | | 197,880 | | |
| | | 150,000 | | | |
Banco Continental SAECA, Senior Unsecured Notes, 2.750% due 12/10/25(b)
|
| | | | 140,070 | | |
| | | 200,000 | | | |
Banco de Bogota SA, Subordinated Notes, 6.250% due 5/12/26
|
| | | | 197,943 | | |
| | | | | | | Banco de Credito del Peru SA: | | | | | | | |
| | | 50,000 | | | |
Senior Unsecured Notes, 5.850% due 1/11/29(b)
|
| | | | 50,538 | | |
| | | 200,000 | | | |
Subordinated Notes, 3.125% (5-Year CMT Index + 3.000%) due 7/1/30(a)
|
| | | | 189,868 | | |
| | | 150,000 | | | |
Banco Inbursa SA Institucion De Banca Multiple Grupo Financiero Inbursa,
Senior Unsecured Notes, 4.375% due 4/11/27 |
| | | | 144,733 | | |
| | | 300,000 | | | |
Banco Industrial SA, Subordinated Notes, 4.875% (5-Year CMT Index + 4.442%)
due 1/29/31(a)(c) |
| | | | 287,859 | | |
| | | 150,000 | | | |
Banco Internacional del Peru SAA Interbank, Subordinated Notes, 4.000%
(5-Year CMT Index + 3.711%) due 7/8/30(a) |
| | | | 143,708 | | |
| | | 200,000 | | | |
Banco Nacional de Comercio Exterior SNC, Subordinated Notes, 2.720% (5-Year
CMT Index + 2.000%) due 8/11/31(a) |
| | | | 174,438 | | |
| | | 200,000 | | | |
Banco Santander Mexico SA Institucion de Banca Multiple Grupo Financiero
Santand, Subordinated Notes, 7.525% (5-Year CMT Index + 2.995%) due 10/1/28(a) |
| | | | 206,830 | | |
| | | | | | | Bancolombia SA, Subordinated Notes: | | | | | | | |
| | | 200,000 | | | |
6.909% (5-Year CMT Index + 2.929%) due 10/18/27(a)
|
| | | | 196,540 | | |
| | | 200,000 | | | |
4.625% (5-Year CMT Index + 2.944%) due 12/18/29(a)
|
| | | | 187,477 | | |
| | | 280,000 | | | |
Bank of America Corp., Senior Unsecured Notes, 3.458% (3-Month TSFR +
1.232%) due 3/15/25(a) |
| | | | 279,777 | | |
| | | | | | | Bank of Montreal, Senior Unsecured Notes: | | | | | | | |
| | | 210,000 | | | |
6.064% (SOFRRATE + 0.710%) due 3/8/24(a)
|
| | | | 210,014 | | |
| | | 67,000 | | | |
1.500% due 1/10/25
|
| | | | 64,789 | | |
| | | 277,000 | | | |
Bank of Nova Scotia, Senior Unsecured Notes, 4.750% due 2/2/26
|
| | | | 274,809 | | |
|
Face Amount/Units†
|
| |
Security
|
| |
Value
|
| ||||||
| CORPORATE BONDS & NOTES – (continued) | | ||||||||||||
| Financial – (continued) | | ||||||||||||
| | | | | | | BBVA Bancomer SA, Subordinated Notes: | | ||||||
| | $ | 200,000 | | | |
5.350% (5-Year CMT Index + 3.000%) due 11/12/29(a)
|
| | | $ | 196,007 | | |
| | | 200,000 | | | |
5.125% (5-Year CMT Index + 2.650%) due 1/18/33(a)
|
| | | | 182,669 | | |
| | | 417,000 | | | |
Citigroup Inc., Senior Unsecured Notes, 3.352% (3-Month TSFR + 1.158%) due
4/24/25(a) |
| | | | 415,416 | | |
| | | 220,000 | | | |
Commonwealth Bank of Australia, Senior Unsecured Notes, 5.984%
(SOFRRATE + 0.630%) due 9/12/25(a)(b) |
| | | | 220,419 | | |
| | | 200,000 | | | |
DBS Group Holdings Ltd., Subordinated Notes, 1.822% (5-Year CMT Index +
1.100%) due 3/10/31(a) |
| | | | 185,220 | | |
| | | 1,470,955 | | | |
Five Point Operating Co. LP/Five Point Capital Corp., Company Guaranteed
Notes, 10.500% due 1/15/28(b) |
| | | | 1,504,272 | | |
| | | 200,000 | | | |
Global Bank Corp., Senior Unsecured Notes, 5.250% (3-Month USD-SOFR +
3.300%) due 4/16/29(a) |
| | | | 185,658 | | |
| | | 282,000 | | | |
Goldman Sachs Group Inc., Senior Unsecured Notes, 3.500% due 4/1/25
|
| | | | 276,170 | | |
| | | | | | |
Icahn Enterprises LP/Icahn Enterprises Finance Corp., Company Guaranteed
Notes: |
| | | | | | |
| | | 3,832,000 | | | |
4.750% due 9/15/24
|
| | | | 3,807,703 | | |
| | | 864,000 | | | |
6.250% due 5/15/26
|
| | | | 841,917 | | |
| | | 260,000 | | | |
Intercorp Financial Services Inc., Senior Unsecured Notes, 4.125% due
10/19/27 |
| | | | 241,959 | | |
| | | 9,855 | | | |
Interoceanica IV Finance Ltd., Senior Secured Notes, zero coupon, due
11/30/25 |
| | | | 9,224 | | |
| | | | | | | JPMorgan Chase & Co., Senior Unsecured Notes: | | | | | | | |
| | | 105,000 | | | |
3.220% (3-Month TSFR + 1.417%) due 3/1/25(a)
|
| | | | 104,991 | | |
| | | 25,000 | | | |
0.824% (3-Month TSFR + 0.540%) due 6/1/25(a)
|
| | | | 24,671 | | |
| | | 282,000 | | | |
3.900% due 7/15/25
|
| | | | 277,213 | | |
| | | 25,000 | | | |
0.768% (SOFRRATE + 0.490%) due 8/9/25(a)
|
| | | | 24,435 | | |
| | | 282,000 | | | |
Morgan Stanley, Senior Unsecured Notes, 3.875% due 1/27/26
|
| | | | 275,051 | | |
| | | 200,000 | | | |
Multibank Inc., Senior Unsecured Notes, 7.750% due 2/3/28(b)
|
| | | | 203,250 | | |
| | | 200,000 | | | |
NongHyup Bank, Senior Unsecured Notes, 1.250% due 7/20/25
|
| | | | 188,850 | | |
| | | 13,750,000SEK | | | |
Novedo Holding AB, Senior Secured Notes, 10.597% (3-Month SEK-STIBOR +
6.500%) due 11/26/24(a) |
| | | | 1,266,768 | | |
| | | 200,000 | | | |
Oversea-Chinese Banking Corp., Ltd., Subordinated Notes, 1.832% (5-Year CMT
Index + 1.580%) due 9/10/30(a) |
| | | | 188,434 | | |
| | | 137,000 | | | |
PNC Financial Services Group Inc., Senior Unsecured Notes, 5.812%
(SOFRRATE + 1.322%) due 6/12/26(a) |
| | | | 137,199 | | |
| | | 282,000 | | | |
Royal Bank of Canada, Senior Unsecured Notes, 3.375% due 4/14/25
|
| | | | 276,228 | | |
| | | 25,000,000SEK | | | |
Stockwik Forvaltning AB, Senior Secured Notes, 12.088% (3-Month
SEK-STIBOR + 8.000%) due 3/20/26(a) |
| | | | 2,339,781 | | |
|
Face Amount/Units†
|
| |
Security
|
| |
Value
|
| ||||||
| CORPORATE BONDS & NOTES – (continued) | | ||||||||||||
| Financial – (continued) | | ||||||||||||
| | $ | 282,000 | | | |
Toronto-Dominion Bank, Senior Unsecured Notes, 0.700% due 9/10/24
|
| | | $ | 274,942 | | |
| | | 285,000 | | | |
Truist Financial Corp., Senior Unsecured Notes, 4.260% (SOFRRATE + 1.456%)
due 7/28/26(a) |
| | | | 279,196 | | |
| | | 200,000 | | | |
United Overseas Bank Ltd., Subordinated Notes, 2.000% (5-Year CMT Index +
1.230%) due 10/14/31(a) |
| | | | 182,418 | | |
| | | 1,257,000 | | | |
Uniti Fiber Holdings Inc., Company Guaranteed Notes, 4.000% due 6/15/24(b)
|
| | | | 1,235,668 | | |
| | | 282,000 | | | |
Wells Fargo & Co., Senior Unsecured Notes, 2.406% (3-Month TSFR + 1.087%)
due 10/30/25(a) |
| | | | 275,912 | | |
| | | | | | | Welltower OP LLC, Company Guaranteed Notes: | | | | | | | |
| | | 215,000 | | | |
3.625% due 3/15/24
|
| | | | 214,811 | | |
| | | 62,000 | | | |
4.000% due 6/1/25
|
| | | | 60,878 | | |
| | | | | | |
Total Financial
|
| | | | 20,021,435 | | |
| Healthcare – 1.4% | | ||||||||||||
| | | 6,180,606 | | | |
ProSomnus Holdings Inc., zero coupon, due 12/31/49(c)(d)
|
| | | | 5,466,400 | | |
| Industrial – 3.8% | | ||||||||||||
| | | 260,322 | | | |
Bioceanico Sovereign Certificate Ltd., Senior Secured Notes, zero coupon, due
6/5/34 |
| | | | 188,343 | | |
| | | 277,000 | | | |
Boeing Co., Senior Unsecured Notes, 4.875% due 5/1/25
|
| | | | 274,435 | | |
| | | 287,000 | | | |
Canadian Pacific Railway Co., Company Guaranteed Notes, 1.350% due
12/2/24 |
| | | | 278,029 | | |
| | | 182,000 | | | |
Carrier Global Corp., Senior Unsecured Notes, 5.800% due 11/30/25
|
| | | | 183,282 | | |
| | | 597,000 | | | |
Hillenbrand Inc., Company Guaranteed Notes, 5.750% due 6/15/25
|
| | | | 592,557 | | |
| | | 2,718,000 | | | |
IEA Energy Services LLC, Company Guaranteed Notes, 6.625% due
8/15/29(b) |
| | | | 2,593,544 | | |
| | | 9,643,000 | | | |
INNOVATE Corp., Senior Secured Notes, 8.500% due 2/1/26(b)
|
| | | | 7,184,035 | | |
| | | 174,703 | | | |
Lima Metro Line 2 Finance Ltd., Senior Secured Notes, 5.875% due 7/5/34
|
| | | | 171,655 | | |
| | | 161,272 | | | |
MV24 Capital BV, Senior Secured Notes, 6.748% due 6/1/34
|
| | | | 151,327 | | |
| | | 125,000 | | | |
Packaging Corp. of America, Senior Unsecured Notes, 3.650% due 9/15/24
|
| | | | 123,545 | | |
| | | 277,000 | | | |
Parker-Hannifin Corp., Senior Unsecured Notes, 3.650% due 6/15/24
|
| | | | 275,412 | | |
| | | 282,000 | | | |
Penske Truck Leasing Co. LP/PTL Finance Corp., Senior Unsecured Notes,
4.400% due 7/1/27(b) |
| | | | 273,637 | | |
| | | 285,000 | | | |
Republic Services Inc., Senior Unsecured Notes, 2.500% due 8/15/24
|
| | | | 280,962 | | |
| | | 272,000 | | | |
Ryder System Inc., Senior Unsecured Notes, 5.250% due 6/1/28
|
| | | | 272,507 | | |
| | | 200,000 | | | |
St Marys Cement Inc. Canada, Company Guaranteed Notes, 5.750% due
1/28/27 |
| | | | 199,059 | | |
| | | 272,000 | | | |
Veralto Corp., Company Guaranteed Notes, 5.500% due 9/18/26(b)
|
| | | | 273,169 | | |
| | | 2,007,000 | | | |
WESCO Distribution Inc., Company Guaranteed Notes, 7.125% due 6/15/25(b)
|
| | | | 2,018,992 | | |
| | | | | | |
Total Industrial
|
| | | | 15,334,490 | | |
|
Face Amount/Units†
|
| |
Security
|
| |
Value
|
| ||||||
| CORPORATE BONDS & NOTES – (continued) | | ||||||||||||
| Technology – 2.0% | | ||||||||||||
| | $ | 2,554,000EUR | | | |
Azerion Group NV, Senior Secured Notes, 10.643% (3-Month EURIBOR +
6.750%) due 10/2/26(a) |
| | | $ | 2,712,057 | | |
| | | 25,000 | | | |
Broadcom Corp./Broadcom Cayman Finance Ltd., Company Guaranteed Notes,
3.875% due 1/15/27 |
| | | | 24,157 | | |
| | | 287,000 | | | |
Broadcom Inc., Company Guaranteed Notes, 3.150% due 11/15/25
|
| | | | 276,899 | | |
| | | 1,590,000SEK | | | |
Cabonline Group Holding AB, Senior Secured Notes, 14.000% due 3/19/26
|
| | | | 159,829 | | |
| | | 2,709,000EUR | | | |
Fiven AS, Senior Secured Notes, 10.669% (3-Month EURIBOR + 6.700%) due
12/11/26(a) |
| | | | 3,030,363 | | |
| | | | | | | Impala BondCo PLC: | | | | | | | |
| | | 13,750,000SEK | | | |
Senior Secured Notes, 13.080% (3-Month SEK-STIBOR + 9.000%) due
10/20/24 |
| | | | 862,198 | | |
| | | 469,859SEK | | | |
Unsecured Notes, zero coupon,(c)(e)
|
| | | | 29,463 | | |
| | | | | | | Microchip Technology Inc.: | | | | | | | |
| | | 102,000 | | | |
Company Guaranteed Notes, 4.250% due 9/1/25
|
| | | | 100,096 | | |
| | | 180,000 | | | |
Senior Unsecured Notes, 0.983% due 9/1/24
|
| | | | 175,678 | | |
| | | 282,000 | | | |
NXP BV/NXP Funding LLC/NXP USA Inc., Company Guaranteed Notes,
4.400% due 6/1/27 |
| | | | 275,278 | | |
| | | 272,000 | | | |
Oracle Corp., Senior Unsecured Notes, 5.800% due 11/10/25
|
| | | | 274,242 | | |
| | | 277,000 | | | |
Take-Two Interactive Software Inc., Senior Unsecured Notes, 4.950% due
3/28/28 |
| | | | 274,788 | | |
| | | | | | |
Total Technology
|
| | | | 8,195,048 | | |
| Utilities – 0.7% | | ||||||||||||
| | | 200,000 | | | |
AES Andes SA, Junior Subordinated Notes, 7.125% (5-Year USD Swap Rate +
4.644%) due 3/26/79(a)(b) |
| | | | 196,301 | | |
| | | 272,000 | | | |
American Electric Power Co., Inc., Senior Unsecured Notes, 5.200% due
1/15/29 |
| | | | 271,627 | | |
| | | 300,000 | | | |
Chile Electricity PEC SpA, Senior Secured Notes, zero coupon, due 1/25/28
|
| | | | 233,550 | | |
| | | 95,600 | | | |
Empresa Electrica Angamos SA, Senior Secured Notes, 4.875% due 5/25/29
|
| | | | 85,323 | | |
| | | 282,000 | | | |
Entergy Louisiana LLC, Collateral Trust, 0.950% due 10/1/24
|
| | | | 274,566 | | |
| | | 140,000 | | | |
Exelon Corp., Senior Unsecured Notes, 5.150% due 3/15/29
|
| | | | 139,401 | | |
| | | 200,000 | | | |
Inkia Energy Ltd., Senior Unsecured Notes, 5.875% due 11/9/27
|
| | | | 194,000 | | |
| | | 161,000 | | | |
JSW Hydro Energy Ltd., Senior Secured Notes, 4.125% due 5/18/31
|
| | | | 141,683 | | |
| | | 200,000 | | | |
Kallpa Generacion SA, Company Guaranteed Notes, 4.125% due 8/16/27
|
| | | | 188,751 | | |
| | | 154,840 | | | |
LLPL Capital Pte Ltd., Senior Secured Notes, 6.875% due 2/4/39
|
| | | | 149,614 | | |
| | | 200,000 | | | |
Mercury Chile Holdco LLC, Senior Secured Notes, 6.500% due 1/24/27(b)
|
| | | | 186,863 | | |
| | | 252,848 | | | |
Mexico Generadora de Energia S de rl, Senior Secured Notes, 5.500% due
12/6/32 |
| | | | 247,195 | | |
| | | 185,960 | | | |
Minejesa Capital BV, Senior Secured Notes, 4.625% due 8/10/30
|
| | | | 175,608 | | |
|
Face Amount/Units†
|
| |
Security
|
| |
Value
|
| ||||||
| CORPORATE BONDS & NOTES – (continued) | | ||||||||||||
| Utilities – (continued) | | ||||||||||||
| | | | | | | Pacific Gas & Electric Co., 1st Mortgage Notes: | | ||||||
| | $ | 150,000 | | | |
4.950% due 6/8/25
|
| | | $ | 148,566 | | |
| | | 142,000 | | | |
2.100% due 8/1/27
|
| | | | 127,169 | | |
| | | 200,000 | | | |
Perusahaan Perseroan Persero PT Perusahaan Listrik Negara, Senior Unsecured
Notes, 4.125% due 5/15/27 |
| | | | 191,250 | | |
| | | | | | |
Total Utilities
|
| | | | 2,951,467 | | |
| | | | | | |
TOTAL CORPORATE BONDS & NOTES
(Cost – $160,357,439) |
| | |
|
150,820,383
|
| |
| ASSET-BACKED SECURITIES – 11.3% | | ||||||||||||
| | | 94,102 | | | |
AccessLex Institute, Series 2007-A, Class A3, 5.885% (3-Month TSFR +
0.562%) due 5/25/36(a) |
| | | | 92,265 | | |
| | | 989,306 | | | |
Accredited Mortgage Loan Trust, Series 2005-1, Class M4, 5.423% (1-Month
TSFR + 1.269%) due 4/25/35(a) |
| | | | 986,634 | | |
| | | | | | | ACHV ABS TRUST: | | | | | | | |
| | | 45,357 | | | |
Series 2023-3PL, Class A, 6.600% due 8/19/30(b)
|
| | | | 45,376 | | |
| | | 250,000 | | | |
Series 2023-3PL, Class C, 7.350% due 8/19/30(b)
|
| | | | 252,867 | | |
| | | 18,946 | | | |
ACM Auto Trust, Series 2023-1A, Class A, 6.610% due 1/22/30(b)
|
| | | | 18,957 | | |
| | | | | | | ACREC Ltd.: | | | | | | | |
| | | 196,061 | | | |
Series 2021-FL1, Class A, 6.586% (1-Month TSFR + 1.264%) due
10/16/36(a)(b) |
| | | | 194,111 | | |
| | | 350,000 | | | |
Series 2021-FL1, Class AS, 6.936% (1-Month TSFR + 1.614%) due
10/16/36(a)(b) |
| | | | 334,890 | | |
| | | | | | | Affirm Asset Securitization Trust: | | | | | | | |
| | | 12,774 | | | |
Series 2021-Z1, Class A, 1.070% due 8/15/25(b)
|
| | | | 12,671 | | |
| | | 375,235 | | | |
Series 2023-X1, Class A, 7.110% due 11/15/28(b)
|
| | | | 376,580 | | |
| | | 275,000 | | | |
Series 2024-A, Class A, 5.610% due 2/15/29(b)
|
| | | | 274,477 | | |
| | | 1,000,000 | | | |
Allegro CLO X Ltd., Series 2019-1A, Class AR, 6.729% (3-Month TSFR +
1.412%) due 7/20/32(a)(b) |
| | | | 1,001,000 | | |
| | | 283,739 | | | |
APL Finance DAC, Series 2023-1A, Class A, 7.000% due 7/21/31(b)
|
| | | | 283,980 | | |
| | | 26,514 | | | |
Aqua Finance Trust, Series 2020-AA, Class A, 1.900% due 7/17/46(b)
|
| | | | 24,655 | | |
| | | 250,000 | | | |
BDS Ltd., Series 2021-FL10, Class A, 6.784% (1-Month TSFR + 1.464%) due
12/16/36(a)(b) |
| | | | 248,601 | | |
| | | 333,763 | | | |
BRSP Ltd., Series 2021-FL1, Class A, 6.584% (1-Month TSFR + 1.264%) due
8/19/38(a)(b) |
| | | | 328,739 | | |
| | | | | | | BSPRT Issuer Ltd.: | | | | | | | |
| | | 179,851 | | | |
Series 2021-FL6, Class A, 6.532% (1-Month TSFR + 1.214%) due
3/15/36(a)(b) |
| | | | 177,793 | | |
| | | 376,442 | | | |
Series 2021-FL7, Class A, 6.752% (1-Month TSFR + 1.434%) due
12/15/38(a)(b) |
| | | | 374,203 | | |
|
Face Amount/Units†
|
| |
Security
|
| |
Value
|
| ||||||
| ASSET-BACKED SECURITIES – (continued) | | ||||||||||||
| | $ | 354,792 | | | |
CAL Funding IV Ltd., Series 2020-1A, Class A, 2.220% due 9/25/45(b)
|
| | | $ | 317,708 | | |
| | | 1,000,000 | | | |
Carlyle US CLO Ltd., Series 2019-4A, Class A11R, 6.634% (3-Month TSFR +
1.320%) due 4/15/35(a)(b) |
| | | | 1,000,831 | | |
| | | 500,000 | | | |
CarVal CLO IX-C Ltd., Series 2024-1A, Class A, 0.000% (3-Month TSFR +
1.680%) due 4/20/37(a)(b)(d)(f) |
| | | | 500,170 | | |
| | | | | | | Carvana Auto Receivables Trust: | | | | | | | |
| | | 400,000 | | | |
Series 2023-P5, Class A2, 5.770% due 4/12/27(b)
|
| | | | 400,377 | | |
| | | 500,000 | | | |
Series 2024-N1, Class A2, 5.760% due 4/12/27(b)
|
| | | | 499,985 | | |
| | | | | | | CHCP Ltd.: | | | | | | | |
| | | 86,175 | | | |
Series 2021-FL1, Class A, 6.486% (1-Month TSFR + 1.164%) due 2/15/38(a)(b)
|
| | | | 85,694 | | |
| | | 100,000 | | | |
Series 2021-FL1, Class AS, 6.736% (1-Month TSFR + 1.414%) due
2/15/38(a)(b) |
| | | | 98,750 | | |
| | | 250,000 | | | |
Citizens Auto Receivables Trust, Series 2023-2, Class A2A, 6.090% due
10/15/26(b) |
| | | | 250,686 | | |
| | | 176,287 | | | |
CLNC Ltd., Series 2019-FL1, Class AS, 6.984% (1-Month TSFR + 1.664%) due
8/20/35(a)(b) |
| | | | 173,726 | | |
| | | 143,514 | | | |
Commonbond Student Loan Trust, Series 2020-AGS, Class A, 1.980% due
8/25/50(b) |
| | | | 124,476 | | |
| | | 236,262 | | | |
CPS Auto Receivables Trust, Series 2024-A, Class A, 5.710% due 9/15/27(b)
|
| | | | 236,071 | | |
| | | 500,000 | | | |
CQS US CLO Ltd., Series 2021-1A, Class A, 6.799% (3-Month TSFR + 1.482%)
due 1/20/35(a)(b) |
| | | | 498,750 | | |
| | | | | | | DataBank Issuer: | | | | | | | |
| | | 500,000 | | | |
Series 2021-1A, Class A2, 2.060% due 2/27/51(b)
|
| | | | 453,660 | | |
| | | 500,000 | | | |
Series 2023-1A, Class A2, 5.116% due 2/25/53(b)
|
| | | | 470,105 | | |
| | | 470,000 | | | |
Domino’s Pizza Master Issuer LLC, Series 2017-1A, Class A23, 4.118% due
7/25/47(b) |
| | | | 449,761 | | |
| | | 425,943 | | | |
Drive Auto Receivables Trust, Series 2021-3, Class C, 1.470% due 1/15/27
|
| | | | 418,801 | | |
| | | 375,000 | | | |
Exeter Automobile Receivables Trust, Series 2023-5A, Class A2, 6.200% due
4/15/26 |
| | | | 375,595 | | |
| | | 1,630,961 | | | |
First Franklin Mortgage Loan Trust, Series 2003-FF2, Class M1, 7.243%
(1-Month TSFR + 1.914%) due 7/25/33(a) |
| | | | 1,595,605 | | |
| | | 1,000,000 | | | |
Franklin Park Place CLO I LLC, Series 2022-1A, Class A, 6.714% (3-Month
TSFR + 1.400%) due 4/14/35(a)(b) |
| | | | 1,000,573 | | |
| | | 206,914 | | | |
FS Rialto, Series 2021-FL3, Class A, 6.686% (1-Month TSFR + 1.364%) due
11/16/36(a)(b) |
| | | | 205,491 | | |
| | | 301,937 | | | |
FS RIALTO, Series 2021-FL2, Class A, 6.656% (1-Month TSFR + 1.334%) due
5/16/38(a)(b) |
| | | | 297,072 | | |
| | | 399,690 | | | |
Galaxy XXVII CLO Ltd., Series 2018-27A, Class A, 6.607% (3-Month TSFR +
1.282%) due 5/16/31(a)(b) |
| | | | 400,514 | | |
| | | | | | | GLS Auto Receivables Issuer Trust: | | | | | | | |
| | | 224,196 | | | |
Series 2021-2A, Class C, 1.080% due 6/15/26(b)
|
| | | | 221,728 | | |
|
Face Amount/Units†
|
| |
Security
|
| |
Value
|
| ||||||
| ASSET-BACKED SECURITIES – (continued) | | ||||||||||||
| | $ | 400,000 | | | |
Series 2023-4A, Class A2, 6.400% due 12/15/26(b)
|
| | | $ | 401,446 | | |
| | | 339,935 | | | |
GPMT Ltd., Series 2021-FL4, Class A, 6.786% (1-Month TSFR + 1.464%) due
12/15/36(a)(b) |
| | | | 328,928 | | |
| | | 504,000 | | | |
Greystone CRE Notes Ltd., Series 2021-FL3, Class A, 6.452% (1-Month TSFR +
1.134%) due 7/15/39(a)(b) |
| | | | 497,700 | | |
| | | 1,000,000 | | | |
Greywolf CLO VII Ltd., Series 2018-2A, Class A1, 6.758% (3-Month TSFR +
1.440%) due 10/20/31(a)(b) |
| | | | 1,002,650 | | |
| | | 500,000 | | | |
Halseypoint CLO 5 Ltd., Series 2021-5A, Class A1A, 6.789% (3-Month TSFR +
1.472%) due 1/30/35(a)(b) |
| | | | 498,425 | | |
| | | 437,644 | | | |
Hayfin US XII Ltd., Series 2018-8A, Class A, 6.699% (3-Month TSFR +
1.382%) due 4/20/31(a)(b) |
| | | | 438,792 | | |
| | | 500,000 | | | |
Hertz Vehicle Financing LLC, Series 2021-1A, Class B, 1.560% due
12/26/25(b) |
| | | | 485,609 | | |
| | | 78,804 | | | |
HGI CRE CLO Ltd., Series 2021-FL1, Class A, 6.486% (1-Month TSFR +
1.164%) due 6/16/36(a)(b) |
| | | | 78,017 | | |
| | | 147,840 | | | |
Hilton Grand Vacations Trust, Series 2020-AA, Class A, 2.740% due 2/25/39(b)
|
| | | | 139,813 | | |
| | | 2,619,554 | | | |
HTS Fund I LLC, Series 2021-1, Class A, 1.411% due 8/25/36(b)
|
| | | | 2,293,412 | | |
| | | 1,000,000 | | | |
Jamestown CLO XVI Ltd., Series 2021-16A, Class A, 6.786% (3-Month TSFR +
1.462%) due 7/25/34(a)(b) |
| | | | 1,001,395 | | |
| | | 500,000 | | | |
Katayma CLO I Ltd., Series 2023-1A, Class A1, 7.318% (3-Month TSFR +
2.000%) due 10/20/36(a)(b) |
| | | | 501,748 | | |
| | | 330,000 | | | |
KREF Ltd., Series 2021-FL2, Class A, 6.506% (1-Month TSFR + 1.184%) due
2/15/39(a)(b) |
| | | | 323,033 | | |
| | | 10,385 | | | |
Laurel Road Prime Student Loan Trust, Series 2019-A, Class A1FX, 2.340% due
10/25/48(b) |
| | | | 10,115 | | |
| | | | | | | LCCM Trust: | | | | | | | |
| | | 282,187 | | | |
Series 2021-FL2, Class A, 6.632% (1-Month TSFR + 1.314%) due
12/13/38(a)(b) |
| | | | 277,292 | | |
| | | 306,632 | | | |
Series 2021-FL3, Class A, 6.882% (1-Month TSFR + 1.564%) due
11/15/38(a)(b) |
| | | | 303,477 | | |
| | | 444,722 | | | |
Lendbuzz Securitization Trust, Series 2023-2A, Class A2, 7.090% due
10/16/28(b) |
| | | | 448,462 | | |
| | | 235,607 | | | |
Lendingpoint Asset Securitization Trust, Series 2022-C, Class A, 6.560% due
2/15/30(b) |
| | | | 235,539 | | |
| | | | | | | LoanCore Issuer Ltd.: | | | | | | | |
| | | 269,391 | | | |
Series 2021-CRE5, Class A, 6.732% (1-Month TSFR + 1.414%) due
7/15/36(a)(b) |
| | | | 268,380 | | |
| | | 406,304 | | | |
Series 2021-CRE6, Class A, 6.732% (1-Month TSFR + 1.414%) due
11/15/38(a)(b) |
| | | | 399,702 | | |
| | | 1,000,000 | | | |
Marble Point CLO XXI Ltd., Series 2021-3A, Class A1, 6.818% (3-Month
TSFR + 1.502%) due 10/17/34(a)(b) |
| | | | 998,000 | | |
|
Face Amount/Units†
|
| |
Security
|
| |
Value
|
| ||||||
| ASSET-BACKED SECURITIES – (continued) | | ||||||||||||
| | $ | 500,000 | | | |
Marble Point CLO XXII Ltd., Series 2021-2A, Class A, 6.786% (3-Month
TSFR + 1.462%) due 7/25/34(a)(b) |
| | | $ | 500,679 | | |
| | | | | | | Marlette Funding Trust: | | | | | | | |
| | | 15,690 | | | |
Series 2019-4A, Class C, 3.760% due 12/17/29(b)
|
| | | | 15,650 | | |
| | | 206,861 | | | |
Series 2022-1A, Class B, 2.340% due 4/15/32(b)
|
| | | | 204,535 | | |
| | | 478,750 | | | |
ME Funding LLC, Series 2019-1, Class A2, 6.448% due 7/30/49(b)
|
| | | | 476,331 | | |
| | | | | | | MF1 Ltd.: | | | | | | | |
| | | 174,243 | | | |
Series 2021-FL6, Class A, 6.536% (1-Month TSFR + 1.214%) due
7/16/36(a)(b) |
| | | | 173,153 | | |
| | | 196,137 | | | |
Series 2021-FL7, Class A, 6.514% (1-Month TSFR + 1.194%) due
10/16/36(a)(b) |
| | | | 194,482 | | |
| | | 100,000 | | | |
Series 2022-FL8, Class A, 6.666% (1-Month TSFR + 1.350%) due
2/19/37(a)(b) |
| | | | 98,875 | | |
| | | 66,160 | | | |
MMAF Equipment Finance LLC, Series 2022-B, Class A2, 5.570% due
9/9/25(b) |
| | | | 66,159 | | |
| | | 630,000 | | | |
MP CLO VIII Ltd., Series 2015-2A, Class ARR, 6.781% (3-Month TSFR +
1.462%) due 4/28/34(a)(b) |
| | | | 630,372 | | |
| | | 62,182 | | | |
Navient Private Education Refi Loan Trust, Series 2020-GA, Class A, 1.170% due
9/16/69(b) |
| | | | 55,784 | | |
| | | 813,601 | | | |
Northwoods Capital XVI Ltd., Series 2017-16A, Class A, 6.839% (3-Month
TSFR + 1.532%) due 11/15/30(a)(b) |
| | | | 815,317 | | |
| | | 920,518 | | | |
Ocean Trails CLO V, Series 2014-5A, Class ARR, 6.856% (3-Month TSFR +
1.542%) due 10/13/31(a)(b) |
| | | | 922,960 | | |
| | | 231,558 | | | |
OCP CLO Ltd., Series 2014-5A, Class A1R, 6.666% (3-Month TSFR + 1.342%)
due 4/26/31(a)(b) |
| | | | 232,117 | | |
| | | | | | | Pagaya AI Debt Selection Trust: | | | | | | | |
| | | 51,356 | | | |
Series 2021-1, Class B, 2.130% due 11/15/27(b)
|
| | | | 51,269 | | |
| | | 326,964 | | | |
Series 2021-3, Class B, 1.740% due 5/15/29(b)
|
| | | | 324,806 | | |
| | | 1,305 | | | |
Series 2021-5, Class A, 1.530% due 8/15/29(b)
|
| | | | 1,302 | | |
| | | | | | | Pagaya AI Debt Trust: | | | | | | | |
| | | 43,813 | | | |
Series 2022-1, Class A, 2.030% due 10/15/29(b)
|
| | | | 43,251 | | |
| | | 87,058 | | | |
Series 2022-3, Class A, 6.060% due 3/15/30(b)
|
| | | | 86,954 | | |
| | | 304,333 | | | |
Series 2023-3, Class A, 7.600% due 12/16/30(b)
|
| | | | 306,037 | | |
| | | 209,089 | | | |
Series 2023-5, Class A, 7.179% due 4/15/31(b)
|
| | | | 209,719 | | |
| | | 460,859 | | | |
Series 2023-7, Class A, 7.228% due 7/15/31(b)
|
| | | | 462,824 | | |
| | | 360,952 | | | |
PRET LLC, Series 2021-NPL3, Class A1, step bond to yield, 1.868% due
7/25/51(b) |
| | | | 347,717 | | |
| | | 332,575 | | | |
Prosper Marketplace Issuance Trust, Series 2023-1A, Class A, 7.060% due
7/16/29(b) |
| | | | 334,135 | | |
| | | 1,000,000 | | | |
RRX 3 Ltd., Series 2021-3A, Class A1, 6.896% (3-Month TSFR + 1.582%) due
4/15/34(a)(b) |
| | | | 1,000,000 | | |
|
Face Amount/Units†
|
| |
Security
|
| |
Value
|
| ||||||
| ASSET-BACKED SECURITIES – (continued) | | ||||||||||||
| | $ | 2,000,000 | | | |
Sound Point CLO Ltd., Series 2024-38A, Class A1, 0.000% (3-Month TSFR +
1.600%) due 2/20/37(a)(b)(d)(f) |
| | | $ | 2,001,058 | | |
| | | 1,000,000 | | | |
Sound Point CLO VI-R Ltd., Series 2014-2RA, Class A, 6.829% (3-Month
TSFR + 1.512%) due 10/20/31(a)(b) |
| | | | 1,001,893 | | |
| | | 373,720 | | | |
Sound Point CLO XVIII Ltd., Series 2017-4A, Class A1, 6.699% (3-Month
TSFR + 1.382%) due 1/21/31(a)(b) |
| | | | 374,341 | | |
| | | 843,199 | | | |
Steele Creek CLO Ltd., Series 2018-2A, Class A, 6.781% (3-Month TSFR +
1.462%) due 8/18/31(a)(b) |
| | | | 845,232 | | |
| | | 177,878 | | | |
STWD Ltd., Series 2021-FL2, Class A, 6.636% (1-Month TSFR + 1.314%) due
4/18/38(a)(b) |
| | | | 173,906 | | |
| | | 250,000 | | | |
Tesla Auto Lease Trust, Series 2021-B, Class B, 0.910% due 9/22/25(b)
|
| | | | 246,624 | | |
| | | 256,072 | | | |
Theorem Funding Trust, Series 2023-1A, Class A, 7.580% due 4/15/29(b)
|
| | | | 257,905 | | |
| | | | | | | THL Credit Wind River CLO Ltd.: | | | | | | | |
| | | 2,000,000 | | | |
Series 2017-1A, Class ARR, 6.620% (3-Month TSFR + 1.322%) due
4/18/36(a)(b) |
| | | | 1,990,211 | | |
| | | 1,300,000 | | | |
Series 2019-1A, Class AR, 6.739% (3-Month TSFR + 1.422%) due
7/20/34(a)(b) |
| | | | 1,302,050 | | |
| | | 135,502 | | | |
TRTX Issuer Ltd., Series 2021-FL4, Class A, 6.636% (1-Month TSFR + 1.314%)
due 3/15/38(a)(b) |
| | | | 133,151 | | |
| | | 205,000 | | | |
Vantage Data Centers Issuer LLC, Series 2021-1A, Class A2, 2.165% due
10/15/46(b) |
| | | | 185,664 | | |
| | | 365,953 | | | |
VCAT LLC, Series 2021-NPL4, Class A1, step bond to yield, 1.868% due
8/25/51(b) |
| | | | 353,191 | | |
| | | 600,000 | | | |
Vibrant CLO IV Ltd., Series 2016-4A, Class A1RR, 6.699% (3-Month TSFR +
1.382%) due 7/20/32(a)(b) |
| | | | 600,582 | | |
| | | 341,864 | | | |
Vibrant CLO VIII Ltd., Series 2018-8A, Class A1A, 6.719% (3-Month TSFR +
1.402%) due 1/20/31(a)(b) |
| | | | 342,421 | | |
| | | 150,000 | | | |
VMC Finance LLC, Series 2022-FL5, Class A, 7.224% (SOFR30A + 1.900%)
due 2/18/39(a)(b) |
| | | | 145,947 | | |
| | | 296,029 | | | |
VOLT XCII LLC, Series 2021-NPL1, Class A1, step bond to yield, 4.893% due
2/27/51(b) |
| | | | 288,770 | | |
| | | 215,441 | | | |
VOLT XCIV LLC, Series 2021-NPL3, Class A1, step bond to yield, 2.240% due
2/27/51(b) |
| | | | 210,543 | | |
| | | 469,532 | | | |
VOLT XCIX LLC, Series 2021-NPL8, Class A1, step bond to yield, 2.116% due
4/25/51(b) |
| | | | 455,959 | | |
| | | 1,000,000 | | | |
Wellfleet CLO Ltd., Series 2020-2A, Class AR, 6.796% (3-Month TSFR +
1.482%) due 7/15/34(a)(b) |
| | | | 1,001,506 | | |
| | | 325,000 | | | |
Westlake Automobile Receivables Trust, Series 2023-4A, Class A2, 6.230% due
1/15/27(b) |
| | | | 326,467 | | |
| | | | | | |
TOTAL ASSET-BACKED SECURITIES
(Cost – $45,879,000) |
| | |
|
45,827,712
|
| |
|
Face Amount/Units†
|
| |
Security
|
| |
Value
|
| ||||||
| COLLATERALIZED MORTGAGE OBLIGATIONS – 9.3% | | ||||||||||||
| | $ | 181,570 | | | |
Angel Oak Mortgage Trust, Series 2020-6, Class A1, 1.261% due 5/25/65(a)(b)
|
| | | $ | 161,033 | | |
| | | 183,000 | | | |
Arbor Multifamily Mortgage Securities Trust, Series 2021-MF2, Class A2,
2.023% due 6/15/54(b) |
| | | | 170,115 | | |
| | | | | | | BANK: | | | | | | | |
| | | 1,250,069 | | | |
Series 2017-BNK4, Class XA, 1.335% due 5/15/50(a)(g)
|
| | | | 39,712 | | |
| | | 1,632,146 | | | |
Series 2017-BNK6, Class XA, 0.767% due 7/15/60(a)(g)
|
| | | | 31,410 | | |
| | | | | | | BBCMS Mortgage Trust: | | | | | | | |
| | | 200,000 | | | |
Series 2019-BWAY, Class A, 6.388% (1-Month TSFR + 1.070%) due
11/15/34(a)(b) |
| | | | 139,131 | | |
| | | 300,000 | | | |
Series 2024-C24, Class A1, 5.229% due 2/15/57
|
| | | | 298,451 | | |
| | | | | | | Benchmark Mortgage Trust: | | | | | | | |
| | | 9,827,082 | | | |
Series 2018-B4, Class XA, 0.456% due 7/15/51(a)(g)
|
| | | | 140,346 | | |
| | | 3,657,505 | | | |
Series 2020-B16, Class XA, 0.922% due 2/15/53(a)(g)
|
| | | | 149,404 | | |
| | | 82,625 | | | |
Series 2021-B27, Class A1, 0.725% due 7/15/54
|
| | | | 77,761 | | |
| | | 44,961 | | | |
BHP Trust, Series 2019-BXHP, Class A, 6.340% (1-Month TSFR + 1.022%) due
8/15/36(a)(b) |
| | | | 44,863 | | |
| | | 320,000 | | | |
BLP Commercial Mortgage Trust, Series 2024-IND2, Class A, 6.642% (1-Month
TSFR + 1.342%) due 3/15/41(a)(b) |
| | | | 319,746 | | |
| | | 222,653 | | | |
BMO Mortgage Trust, Series 2023-C5, Class A1, 5.740% due 6/15/56
|
| | | | 223,649 | | |
| | | 208,000 | | | |
BPR Trust, Series 2021-TY, Class A, 6.482% (1-Month TSFR + 1.164%) due
9/15/38(a)(b) |
| | | | 205,715 | | |
| | | | | | | BRAVO Residential Funding Trust: | | | | | | | |
| | | 524,719 | | | |
Series 2021-A, Class A1, step bond to yield, 4.991% due 10/25/59(b)
|
| | | | 516,622 | | |
| | | 816,700 | | | |
Series 2022-RPL1, Class A1, 2.750% due 9/25/61(a)(b)
|
| | | | 730,777 | | |
| | | 562,056 | | | |
Series 2023-NQM5, Class A1, step bond to yield, 6.505% due 6/25/63(b)
|
| | | | 565,778 | | |
| | | | | | | BX Commercial Mortgage Trust: | | | | | | | |
| | | 141,057 | | | |
Series 2021-21M, Class A, 6.162% (1-Month TSFR + 0.844%) due
10/15/36(a)(b) |
| | | | 139,735 | | |
| | | 100,000 | | | |
Series 2021-CIP, Class A, 6.353% (1-Month TSFR + 1.035%) due
12/15/38(a)(b) |
| | | | 98,750 | | |
| | | 325,006 | | | |
Series 2021-VINO, Class A, 6.085% (1-Month TSFR + 0.767%) due
5/1/38(a)(b) |
| | | | 321,769 | | |
| | | 208,000 | | | |
Series 2021-VOLT, Class B, 6.382% (1-Month TSFR + 1.064%) due
9/15/36(a)(b) |
| | | | 204,880 | | |
| | | 320,591 | | | |
Series 2021-XL2, Class A, 6.121% (1-Month TSFR + 0.803%) due
10/15/38(a)(b) |
| | | | 317,385 | | |
| | | 161,016 | | | |
Series 2022-LP2, Class A, 6.331% (1-Month TSFR + 1.013%) due
2/15/39(a)(b) |
| | | | 159,859 | | |
| | | 247,216 | | | |
BX Mortgage Trust, Series 2022-MVRK, Class A, 6.785% (1-Month TSFR +
1.467%) due 3/15/39(a)(b) |
| | | | 245,207 | | |
|
Face Amount/Units†
|
| |
Security
|
| |
Value
|
| ||||||
| COLLATERALIZED MORTGAGE OBLIGATIONS – (continued) | | ||||||||||||
| | $ | 80,656 | | | |
BX Trust, Series 2019-CALM, Class A, 6.308% (1-Month TSFR + 0.990%) due
11/15/32(a)(b) |
| | | $ | 80,530 | | |
| | | 1,316,996 | | | |
CD Mortgage Trust, Series 2017-CD4, Class XA, 1.222% due 5/10/50(a)(g)
|
| | | | 38,016 | | |
| | | 287,000 | | | |
CFCRE Commercial Mortgage Trust, Series 2017-C8, Class XB, 0.895% due
6/15/50(a)(g) |
| | | | 7,064 | | |
| | | | | | | Citigroup Commercial Mortgage Trust: | | | | | | | |
| | | 275,000 | | | |
Series 2014-GC23, Class A4, 3.622% due 7/10/47
|
| | | | 272,120 | | |
| | | 244,000 | | | |
Series 2015-GC27, Class A5, 3.137% due 2/10/48
|
| | | | 239,388 | | |
| | | 200,000 | | | |
Series 2015-P1, Class A5, 3.717% due 9/15/48
|
| | | | 193,904 | | |
| | | 248,000 | | | |
Series 2016-P3, Class A3, 3.063% due 4/15/49
|
| | | | 238,492 | | |
| | | 400,000 | | | |
Series 2016-P3, Class A4, 3.329% due 4/15/49
|
| | | | 379,781 | | |
| | | 200,000 | | | |
Series 2016-P4, Class A4, 2.902% due 7/10/49
|
| | | | 187,062 | | |
| | | 252,125 | | | |
Series 2017-P7, Class A3, 3.442% due 4/14/50
|
| | | | 239,906 | | |
| | | 2,845 | | | |
COLT Mortgage Loan Trust, Series 2020-2, Class A1, 1.853% due 3/25/65(a)(b)
|
| | | | 2,830 | | |
| | | 118,860 | | | |
COLT Mortgage Pass-Through Certificates, Series 2021-1R, Class A1, 0.857%
due 5/25/65(a)(b) |
| | | | 100,359 | | |
| | | 671,163 | | | |
COLT Trust, Series 2021-RPL1, Class A1, 1.665% due 9/25/61(a)(b)
|
| | | | 586,535 | | |
| | | 227,000 | | | |
Commercial Mortgage Trust, Series 2018-HCLV, Class A, 6.614% (1-Month
TSFR + 1.296%) due 9/15/33(a)(b) |
| | | | 212,264 | | |
| | | 982,958 | | | |
Connecticut Avenue Securities Trust, Series 2024-R01, Class 1M1, 6.372%
(SOFR30A + 1.050%) due 1/25/44(a)(b) |
| | | | 983,182 | | |
| | | 398,727 | | | |
Credit Suisse Commercial Mortgage Capital Trust, Series 2020-RPL3, Class A1,
4.075% due 3/25/60(a)(b) |
| | | | 397,100 | | |
| | | | | | | Credit Suisse Mortgage Capital Certificates: | | | | | | | |
| | | 339,156 | | | |
Series 2019-ICE4, Class A, 6.345% (1-Month TSFR + 1.027%) due
5/15/36(a)(b) |
| | | | 339,159 | | |
| | | 1,750,645 | | | |
Series 2019-ICE4, Class B, 6.595% (1-Month TSFR + 1.277%) due
5/15/36(a)(b) |
| | | | 1,750,365 | | |
| | | 996,184 | | | |
Cross Mortgage Trust, Series 2024-H1, Class A1, step bond to yield, 6.085% due
12/25/68(b) |
| | | | 993,060 | | |
| | | | | | | CSAIL Commercial Mortgage Trust: | | | | | | | |
| | | 564,783 | | | |
Series 2017-C8, Class XA, 1.067% due 6/15/50(a)(g)
|
| | | | 15,160 | | |
| | | 4,049,454 | | | |
Series 2017-CX10, Class XA, 0.747% due 11/15/50(a)(g)
|
| | | | 80,244 | | |
| | | 3,031,761 | | | |
Series 2018-CX12, Class XA, 0.544% due 8/15/51(a)(g)
|
| | | | 62,070 | | |
| | | 235,395 | | | |
Series 2019-C16, Class A1, 2.360% due 6/15/52
|
| | | | 233,446 | | |
| | | | | | | DBJPM Mortgage Trust: | | | | | | | |
| | | 200,000 | | | |
Series 2016-C3, Class A5, 2.890% due 8/10/49
|
| | | | 185,883 | | |
| | | 300,000 | | | |
Series 2020-C9, Class A2, 1.900% due 8/15/53
|
| | | | 280,769 | | |
| | | 1,134,972 | | | |
Ellington Financial Mortgage Trust, Series 2022-3, Class A1, step bond to yield,
5.000% due 8/25/67(b) |
| | | | 1,110,873 | | |
|
Face Amount/Units†
|
| |
Security
|
| |
Value
|
| ||||||
| COLLATERALIZED MORTGAGE OBLIGATIONS – (continued) | | ||||||||||||
| | $ | 149,826 | | | |
ELP Commercial Mortgage Trust, Series 2021-ELP, Class A, 6.133% (1-Month
TSFR + 0.815%) due 11/15/38(a)(b) |
| | | $ | 148,327 | | |
| | | 208,996 | | | |
EQUS Mortgage Trust, Series 2021-EQAZ, Class A, 6.187% (1-Month TSFR +
0.869%) due 10/15/38(a)(b) |
| | | | 207,167 | | |
| | | 320,366 | | | |
Extended Stay America Trust, Series 2021-ESH, Class A, 6.512% (1-Month
TSFR + 1.194%) due 7/15/38(a)(b) |
| | | | 319,967 | | |
| | | 1,291,492 | | | |
Federal Home Loan Mortgage Corp. (FHLMC), REMICS, Series 4987, Class BF,
5.836% (SOFR30A + 0.514%) due 6/25/50(a) |
| | | | 1,253,278 | | |
| | | 229,980 | | | |
Federal National Mortgage Association (FNMA) REMICS, Series 2019-43,
Class FD, 5.836% (SOFR30A + 0.514%) due 8/25/49(a) |
| | | | 223,013 | | |
| | | | | | | Federal National Mortgage Association (FNMA), Aces: | | | | | | | |
| | | 1,105,630 | | | |
Series 2020-M49, Class 1A1, 1.255% due 11/25/30(a)
|
| | | | 985,582 | | |
| | | 168,451 | | | |
Series 2021-M7, Class A1, 1.726% due 3/25/31(a)
|
| | | | 150,957 | | |
| | | 1,573,493 | | | |
Federal National Mortgage Association (FNMA), REMICS, Series 2019-14,
Class FA, 5.836% (SOFR30A + 0.514%) due 4/25/49(a) |
| | | | 1,551,372 | | |
| | | 867,943 | | | |
GCAT Trust, Series 2022-NQM4, Class A1, step bond to yield, 5.269% due
8/25/67(b) |
| | | | 855,058 | | |
| | | 212,415 | | | |
GPMT Ltd., Series 2021-FL3, Class A, 6.684% (1-Month TSFR + 1.364%) due
7/16/35(a)(b) |
| | | | 199,748 | | |
| | | | | | | Great Wolf Trust: | | | | | | | |
| | | 184,000 | | | |
Series 2019-WOLF, Class A, 6.666% (1-Month TSFR + 1.348%) due
12/15/36(a)(b) |
| | | | 183,885 | | |
| | | 320,000 | | | |
Series 2024-WOLF, Class A, 6.842% (1-Month TSFR + 1.542%) due
3/15/39(a)(b)(f) |
| | | | 319,800 | | |
| | | 250,000 | | | |
GS Mortgage Securities Corp. II, Series 2023-SHIP, Class A, 4.322% due
9/10/38(a)(b) |
| | | | 242,047 | | |
| | | 208,000 | | | |
GS Mortgage Securities Corp. Trust, Series 2021-IP, Class A, 6.382% (1-Month
TSFR + 1.064%) due 10/15/36(a)(b) |
| | | | 205,015 | | |
| | | | | | | GS Mortgage Securities Trust: | | | | | | | |
| | | 237,000 | | | |
Series 2015-GC34, Class A4, 3.506% due 10/10/48
|
| | | | 225,202 | | |
| | | 3,610,900 | | | |
Series 2016-GS4, Class XA, 0.562% due 11/10/49(a)(g)
|
| | | | 42,884 | | |
| | | 1,684,206 | | | |
Series 2017-GS6, Class XA, 1.009% due 5/10/50(a)(g)
|
| | | | 43,565 | | |
| | | 3,190,977 | | | |
Series 2017-GS8, Class XA, 0.937% due 11/10/50(a)(g)
|
| | | | 84,637 | | |
| | | 250,000 | | | |
IMT Trust, Series 2017-APTS, Class AFX, 3.478% due 6/15/34(b)
|
| | | | 247,406 | | |
| | | | | | | JP Morgan Chase Commercial Mortgage Securities Trust: | | | | | | | |
| | | 577,679 | | | |
Series 2014-C20, Class XA, 0.677% due 7/15/47(a)(g)
|
| | | | 40 | | |
| | | 285,000 | | | |
Series 2016-JP2, Class A4, 2.822% due 8/15/49
|
| | | | 267,278 | | |
| | | 4,075,000 | | | |
Series 2020-MKST, Class XCP, —% due 12/15/36(a)(b)(d)(g)
|
| | | | 41 | | |
| | | | | | | JPMBB Commercial Mortgage Securities Trust: | | | | | | | |
| | | 29,039 | | | |
Series 2014-C18, Class A5, 4.079% due 2/15/47
|
| | | | 28,938 | | |
| | | 334,000 | | | |
Series 2014-C21, Class A5, 3.775% due 8/15/47
|
| | | | 331,512 | | |
|
Face Amount/Units†
|
| |
Security
|
| |
Value
|
| ||||||
| COLLATERALIZED MORTGAGE OBLIGATIONS – (continued) | | ||||||||||||
| | $ | 236,132 | | | |
Series 2015-C31, Class A3, 3.801% due 8/15/48
|
| | | $ | 227,589 | | |
| | | 782,218 | | | |
Series 2015-C32, Class XA, 1.113% due 11/15/48(a)(g)
|
| | | | 7,226 | | |
| | | 200,000 | | | |
Series 2016-C1, Class A5, 3.576% due 3/17/49
|
| | | | 191,594 | | |
| | | 220,000 | | | |
KREF Ltd., Series 2021-FL2, Class B, 7.086% (1-Month TSFR + 1.764%) due
2/15/39(a)(b) |
| | | | 196,964 | | |
| | | | | | | Legacy Mortgage Asset Trust: | | | | | | | |
| | | 212,168 | | | |
Series 2020-GS4, Class A1, step bond to yield, 6.250% due 2/25/60(b)
|
| | | | 213,091 | | |
| | | 354,371 | | | |
Series 2021-GS4, Class A1, step bond to yield, 1.650% due 11/25/60(b)
|
| | | | 339,255 | | |
| | | 84,502 | | | |
Series 2021-SL1, Class A, 1.991% due 9/25/60(a)(b)
|
| | | | 84,089 | | |
| | | 257,392 | | | |
LFT CRE Ltd., Series 2021-FL1, Class A, 6.602% (1-Month TSFR + 1.284%)
due 6/15/39(a)(b) |
| | | | 252,604 | | |
| | | 99,522 | | | |
Med Trust, Series 2021-MDLN, Class A, 6.382% (1-Month TSFR + 1.064%) due
11/15/38(a)(b) |
| | | | 98,776 | | |
| | | 641,062 | | | |
MFA Trust, Series 2023-NQM3, Class A1, step bond to yield, 6.617% due
7/25/68(b) |
| | | | 644,745 | | |
| | | 285,218 | | | |
MHC Commercial Mortgage Trust, Series 2021-MHC, Class A, 6.233%
(1-Month TSFR + 0.915%) due 4/15/38(a)(b) |
| | | | 283,346 | | |
| | | 281,187 | | | |
MHC Trust, Series 2021-MHC2, Class A, 6.282% (1-Month TSFR + 0.964%)
due 5/15/38(a)(b) |
| | | | 279,429 | | |
| | | 190,527 | | | |
MHP, Series 2022-MHIL, Class A, 6.132% (1-Month TSFR + 0.815%) due
1/15/27(a)(b) |
| | | | 188,384 | | |
| | | | | | | Morgan Stanley Bank of America Merrill Lynch Trust: | | | | | | | |
| | | 237,136 | | | |
Series 2014-C17, Class A5, 3.741% due 8/15/47
|
| | | | 235,303 | | |
| | | 253,000 | | | |
Series 2015-C23, Class AS, 4.004% due 7/15/50(a)
|
| | | | 244,231 | | |
| | | | | | | Morgan Stanley Capital I Trust: | | | | | | | |
| | | 1,148,985 | | | |
Series 2016-UB11, Class XA, 1.436% due 8/15/49(a)(g)
|
| | | | 31,269 | | |
| | | 3,434,160 | | | |
Series 2016-UB12, Class XA, 0.648% due 12/15/49(a)(g)
|
| | | | 48,784 | | |
| | | 237,000 | | | |
Series 2016-UBS9, Class A4, 3.594% due 3/15/49
|
| | | | 226,393 | | |
| | | 809,460 | | | |
Series 2017-H1, Class XA, 1.305% due 6/15/50(a)(g)
|
| | | | 20,941 | | |
| | | 184,000 | | | |
Series 2021-L6, Class A2, 2.126% due 6/15/54(a)
|
| | | | 158,615 | | |
| | | 209,308 | | | |
MSC Trust, Series 2021-ILP, Class A, 6.210% (1-Month TSFR + 0.892%) due
11/15/36(a)(b) |
| | | | 207,215 | | |
| | | | | | | New Residential Mortgage Loan Trust: | | | | | | | |
| | | 1,022,651 | | | |
Series 2019-RPL3, Class A1, 2.750% due 7/25/59(a)(b)
|
| | | | 960,205 | | |
| | | 128,220 | | | |
Series 2020-NQM1, Class A2, 2.718% due 1/26/60(a)(b)
|
| | | | 117,210 | | |
| | | 326,585 | | | |
NYMT Loan Trust, Series 2020-SP2, Class A1, 5.944% due 10/25/60(a)(b)
|
| | | | 325,435 | | |
| | | | | | | OBX Trust: | | | | | | | |
| | | 616,099 | | | |
Series 2022-NQM1, Class A1, 2.305% due 11/25/61(a)(b)
|
| | | | 526,496 | | |
| | | 864,636 | | | |
Series 2023-NQM1, Class A1, 6.120% due 11/25/62(a)(b)
|
| | | | 861,624 | | |
|
Face Amount/Units†
|
| |
Security
|
| |
Value
|
| ||||||
| COLLATERALIZED MORTGAGE OBLIGATIONS – (continued) | | ||||||||||||
| | $ | 197,506 | | | |
OPG Trust, Series 2021-PORT, Class A, 5.916% (1-Month TSFR + 0.598%) due
10/15/36(a)(b) |
| | | $ | 194,543 | | |
| | | 338,889 | | | |
PFP Ltd., Series 2021-8, Class A, 6.435% (1-Month TSFR + 1.114%) due
8/9/37(a)(b) |
| | | | 336,578 | | |
| | | 432,265 | | | |
PRPM LLC, Series 2021-4, Class A1, step bond to yield, 1.867% due
4/25/26(b) |
| | | | 420,816 | | |
| | | 200,941 | | | |
SREIT Trust, Series 2021-MFP, Class A, 6.163% (1-Month TSFR + 0.845%) due
11/15/38(a)(b) |
| | | | 200,032 | | |
| | | 320,000 | | | |
TRTX Issuer Ltd., Series 2022-FL5, Class A, 6.975% (SOFR30A + 1.650%) due
2/15/39(a)(b) |
| | | | 316,000 | | |
| | | 816,540 | | | |
UBS Commercial Mortgage Trust, Series 2017-C1, Class XA, 1.527% due
6/15/50(a)(g) |
| | | | 29,975 | | |
| | | | | | | Velocity Commercial Capital Loan Trust: | | | | | | | |
| | | 915,870 | | | |
Series 2021-2, Class A, 1.520% due 8/25/51(a)(b)
|
| | | | 763,735 | | |
| | | 349,563 | | | |
Series 2021-2, Class M1, 1.820% due 8/25/51(a)(b)
|
| | | | 288,841 | | |
| | | | | | | Verus Securitization Trust: | | | | | | | |
| | | 237,864 | | | |
Series 2019-INV2, Class A3, 4.219% due 7/25/59(a)(b)
|
| | | | 226,605 | | |
| | | 17,191 | | | |
Series 2020-2, Class A1, 2.226% due 5/25/60(a)(b)
|
| | | | 16,932 | | |
| | | 513,649 | | | |
Series 2021-7, Class A1, 1.829% due 10/25/66(a)(b)
|
| | | | 438,533 | | |
| | | 181,675 | | | |
Series 2021-R1, Class A2, 1.057% due 10/25/63(a)(b)
|
| | | | 164,038 | | |
| | | 515,349 | | | |
Series 2023-1, Class A1, step bond to yield, 5.850% due 12/25/67(b)
|
| | | | 512,045 | | |
| | | 650,483 | | | |
Series 2023-INV2, Class A1, step bond to yield, 6.443% due 8/25/68(b)
|
| | | | 653,962 | | |
| | | 694,190 | | | |
Series 2024-1, Class A1, 5.712% due 1/25/69(a)(b)
|
| | | | 690,504 | | |
| | | 1,500,000 | | | |
Series 2024-2, Class A1, 6.095% due 2/25/69(b)
|
| | | | 1,500,862 | | |
| | | 80,475 | | | |
Vista Point Securitization Trust, Series 2020-2, Class A1, 1.475% due
4/25/65(a)(b) |
| | | | 72,882 | | |
| | | | | | | Wells Fargo Commercial Mortgage Trust: | | | | | | | |
| | | 320,000 | | | |
Series 2015-C28, Class A4, 3.540% due 5/15/48
|
| | | | 310,597 | | |
| | | 236,000 | | | |
Series 2015-C30, Class A4, 3.664% due 9/15/58
|
| | | | 227,998 | | |
| | | 2,149,467 | | | |
Series 2015-LC22, Class XA, 0.735% due 9/15/58(a)(g)
|
| | | | 18,844 | | |
| | | 4,313,684 | | | |
Series 2015-NXS2, Class XA, 0.590% due 7/15/58(a)(g)
|
| | | | 23,375 | | |
| | | 325,000 | | | |
Series 2016-C33, Class A4, 3.426% due 3/15/59
|
| | | | 309,807 | | |
| | | 185,000 | | | |
Series 2021-C60, Class A2, 2.042% due 8/15/54
|
| | | | 172,660 | | |
| | | 57,265 | | | |
Series 2021-SAVE, Class A, 6.582% (1-Month TSFR + 1.264%) due
2/15/40(a)(b) |
| | | | 56,907 | | |
| | | 250,000 | | | |
WFRBS Commercial Mortgage Trust, Series 2014-C22, Class A5, 3.752% due
9/15/57 |
| | | | 245,064 | | |
| | | | | | |
TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS
(Cost – $41,038,074) |
| | |
|
37,791,327
|
| |
|
Face Amount/Units†
|
| |
Security
|
| |
Value
|
| ||||||
| U.S. GOVERNMENT OBLIGATIONS – 7.4% | | ||||||||||||
| | | | | | | U.S. Treasury Notes: | | ||||||
| | $ | 3,130,000 | | | |
4.250% due 5/31/25
|
| | | $ | 3,104,324 | | |
| | | 1,680,000 | | | |
4.625% due 6/30/25
|
| | | | 1,674,684 | | |
| | | 3,690,000 | | | |
5.000% due 10/31/25
|
| | | | 3,703,837 | | |
| | | 4,020,000 | | | |
4.875% due 11/30/25
|
| | | | 4,029,737 | | |
| | | 4,390,000 | | | |
4.250% due 12/31/25
|
| | | | 4,355,703 | | |
| | | 3,780,000 | | | |
4.250% due 1/31/26
|
| | | | 3,751,798 | | |
| | | 1,840,000 | | | |
4.625% due 10/15/26
|
| | | | 1,846,037 | | |
| | | 1,230,000 | | | |
4.625% due 11/15/26
|
| | | | 1,234,613 | | |
| | | 2,490,000 | | | |
4.375% due 12/15/26
|
| | | | 2,484,942 | | |
| | | 2,840,000 | | | |
4.000% due 1/15/27
|
| | | | 2,806,719 | | |
| | | 1,000,000 | | | |
4.375% due 11/30/28
|
| | | | 1,004,219 | | |
| | | | | | |
TOTAL U.S. GOVERNMENT OBLIGATIONS
(Cost – $30,050,129) |
| | |
|
29,996,613
|
| |
| SENIOR LOANS – 5.3% | | ||||||||||||
| | | 3,936,898 | | | |
Cengage Learning Inc., 10.326% (3-Month USD-SOFR + 4.750%) due
7/14/26 |
| | | | 3,934,457 | | |
| | | 4,817,435 | | | |
First Brands Group LLC, 10.574% (3-Month USD-SOFR + 5.000%) due
3/30/27 |
| | | | 4,821,433 | | |
| | | 2,656,624 | | | |
Getty Images Inc., 9.948% (3-Month USD-SOFR + 4.500%) due 2/19/26
|
| | | | 2,650,806 | | |
| | | | | | | K&N Parent Inc.: | | | | | | | |
| | | 2,909,877 | | | |
13.441% due 2/3/27(c)(d)
|
| | | | 2,895,327 | | |
| | | 3,244,649 | | | |
8.691% (1-Month USD-SOFR + 3.250%) due 8/16/27
|
| | | | 2,563,273 | | |
| | | 2,695,935 | | | |
Lealand Finance Co. BV, 8.441% (1-Month USD-SOFR + 3.000%) due
6/28/24 |
| | | | 1,347,968 | | |
| | | 3,195,567 | | | |
Lions Gate Capital Holdings LLC, 7.676% (1-Month USD-SOFR + 2.250%) due
3/24/25 |
| | | | 3,188,920 | | |
| | | | | | |
TOTAL SENIOR LOANS
(Cost – $25,790,955) |
| | |
|
21,402,184
|
| |
| MORTGAGE-BACKED SECURITIES – 0.6% | | ||||||||||||
| FHLMC – 0.1% | | ||||||||||||
| | | | | | | Freddie Mac Pool: | | | | | | | |
| | | 175,675 | | | |
3.000% due 5/1/42
|
| | | | 153,946 | | |
| | | 199,911 | | | |
3.500% due 10/1/42
|
| | | | 181,415 | | |
| | | | | | |
TOTAL FHLMC
|
| | | | 335,361 | | |
|
Face Amount/Units†
|
| |
Security
|
| |
Value
|
| | | ||||||||||
| MORTGAGE-BACKED SECURITIES – (continued) | | | | ||||||||||||||||
| FNMA – 0.5% | | | | | | | | ||||||||||||
| | | | | | | Federal National Mortgage Association (FNMA) Pool: | | | | ||||||||||
| | $ | 198,693 | | | |
3.000% due 5/1/42
|
| | | $ | 175,801 | | | | | ||||
| | | 1,400,000 | | | |
4.810% due 9/1/29
|
| | | | 1,397,409 | | | | | ||||
| | | 489,629 | | | |
5.000% due 8/1/43
|
| | | | 482,201 | | | | | ||||
| | | | | | |
TOTAL FNMA
|
| | | | 2,055,411 | | | | | ||||
| | | | | | |
TOTAL MORTGAGE-BACKED SECURITIES
(Cost – $2,427,218) |
| | |
|
2,390,772
|
| | | | ||||
| SOVEREIGN BONDS – 0.3% | | | | ||||||||||||||||
| Colombia – 0.1% | | | | ||||||||||||||||
| | | 200,000 | | | |
Colombia Government International Bond, 4.500% due 1/28/26
|
| | | | 194,566 | | | | | ||||
| Dominican Republic – 0.0% | | | | ||||||||||||||||
| | | 100,000 | | | |
Dominican Republic International Bond, 5.500% due 1/27/25
|
| | | | 99,350 | | | | | ||||
| Paraguay – 0.1% | | | | ||||||||||||||||
| | | 300,000 | | | |
Paraguay Government International Bond, 4.700% due 3/27/27
|
| | | | 290,250 | | | | | ||||
| Peru – 0.1% | | | | ||||||||||||||||
| | | 200,000 | | | |
Corp. Financiera de Desarrollo SA, 5.250% due 7/15/29(a)
|
| | | | 197,500 | | | | | ||||
| South Africa – 0.0% | | | | ||||||||||||||||
| | | 200,000 | | | |
Republic of South Africa Government International Bond, 4.875% due 4/14/26
|
| | | | 194,496 | | | | | ||||
| | | | | | |
TOTAL SOVEREIGN BONDS
(Cost – $1,001,772) |
| | |
|
976,162
|
| | | |
|
Shares/Units
|
| | | | | | | | | | |||
| EXCHANGE TRADED FUND (ETF) – 18.5% | | ||||||||||||
| | | 1,579,795 | | | |
iShares Core 1-5 Year USD Bond(h)
(Cost – $73,668,280) |
| | | | 74,771,696 | | |
| PREFERRED STOCKS – 1.3% | | ||||||||||||
| FINANCIAL – 1.3% | | ||||||||||||
| Diversified Financial Services – 1.0% | | ||||||||||||
| | | 164,056 | | | |
SWK Holdings Corp., 9.000%
|
| | | | 4,116,165 | | |
| Equity Real Estate Investment Trusts (REITs) – 0.3% | | ||||||||||||
| | | 45,017 | | | |
Gladstone Land Corp., 5.000%
|
| | | | 1,076,356 | | |
| | | | | | |
TOTAL FINANCIAL
|
| | | | 5,192,521 | | |
| | | | | | |
TOTAL PREFERRED STOCKS
(Cost – $5,165,667) |
| | |
|
5,192,521
|
| |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – 1.2% | | ||||||||||||
| CONSUMER NON-CYCLICAL – 0.0% | | ||||||||||||
| Healthcare-Services – 0.0% | | ||||||||||||
| | | 161,689 | | | |
UpHealth Inc.*
|
| | | $ | 63,075 | | |
| DIVERSIFIED – 1.0% | | ||||||||||||
| Holding Companies-Diversified – 1.0% | | ||||||||||||
| | | 25,927 | | | |
Berenson Acquisition Corp. I*(c)(d)
|
| | | | — | | |
| | | 250,000 | | | |
Cartesian Growth Corp. II, Class A Shares*
|
| | | | 2,772,500 | | |
| | | 46,400 | | | |
Legato Merger Corp. III*
|
| | | | 468,176 | | |
| | | 103,700 | | | |
Trailblazer Merger Corp. I*
|
| | | | 1,091,961 | | |
| | | | | | |
Total Holding Companies-Diversified
|
| | | | 4,332,637 | | |
| | | | | | |
TOTAL DIVERSIFIED
|
| | | | 4,332,637 | | |
| FINANCIAL – 0.2% | | ||||||||||||
| Financial Services – 0.2% | | ||||||||||||
| | | 16,305 | | | |
Alpha Partners Technology*(c)(d)
|
| | | | 2,801 | | |
| | | 273,338 | | | |
K&N Holdco LLC*(c)(d)
|
| | | | 615,010 | | |
| | | 12,300 | | | |
Revelstone Capital Acquisition Corp.*(c)(d)
|
| | | | 30 | | |
| | | | | | |
Total Financial Services
|
| | | | 617,841 | | |
| | | | | | |
TOTAL FINANCIAL
|
| | | | 617,841 | | |
| | | | | | |
TOTAL COMMON STOCKS
(Cost – $4,695,567) |
| | |
|
5,013,553
|
| |
| WARRANTS – 0.0% | | ||||||||||||
| BASIC MATERIALS – 0.0% | | ||||||||||||
| Iron/Steel – 0.0% | | ||||||||||||
| | | 26,954,480 | | | |
Tacora Resources Inc.*(c)
|
| | | | — | | |
| DIVERSIFIED – 0.0% | | ||||||||||||
| Holding Companies-Diversified – 0.0% | | ||||||||||||
| | | 43,327 | | | |
Leafly Holdings Inc.*(d)
|
| | | | 1,101 | | |
| | | | | | |
TOTAL WARRANTS
(Cost – $0) |
| | |
|
1,101
|
| |
| | | | | | |
TOTAL INVESTMENTS BEFORE SHORT-TERM INVESTMENTS
(Cost – $390,074,101) |
| | |
|
374,184,024
|
| |
|
Face Amount†
|
| |
Security
|
| |
Value
|
| ||||||
| SHORT-TERM INVESTMENTS – 11.7% | | ||||||||||||
| COMMERCIAL PAPER – 0.4% | | ||||||||||||
| | $ | 1,736,000 | | | |
VF Corp., 6.260% due 3/25/24(i)
(Cost – $1,728,825) |
| | | $ | 1,729,445 | | |
| CORPORATE NOTE – 0.4% | | ||||||||||||
| | | 1,468,461 | | | |
Tacora Resources Inc., 13.000% due 11/3/23(b)(c)(d)(j)
(Cost – $1,468,631) |
| | | | 1,468,461 | | |
| TIME DEPOSITS – 7.2% | | ||||||||||||
| | | 21,321,648 | | | |
Citibank – New York, 4.680% due 3/1/24
|
| | | | 21,321,648 | | |
| | | 7,893,273 | | | |
Sumitomo Mitsui Banking Corp. – Tokyo, 4.680% due 3/1/24
|
| | | | 7,893,273 | | |
| | | | | | |
TOTAL TIME DEPOSITS
(Cost – $29,214,921) |
| | |
|
29,214,921
|
| |
| U.S. GOVERNMENT OBLIGATIONS – 3.7% | | ||||||||||||
| | | | | | | U.S. Treasury Bills: | | | | | | | |
| | | 13,200,000 | | | |
5.291% due 5/2/24(i)
|
| | | | 13,080,184 | | |
| | | 1,910,000 | | | |
5.207% due 5/16/24(i)
|
| | | | 1,888,883 | | |
| | | | | | |
TOTAL U.S. GOVERNMENT OBLIGATIONS
(Cost – $14,970,984) |
| | |
|
14,969,067
|
| |
| | | | | | |
TOTAL SHORT-TERM INVESTMENTS
(Cost – $47,383,361) |
| | |
|
47,381,894
|
| |
|
Shares/Units
|
| | | | | | | | | | |||
| INVESTMENTS PURCHASED WITH CASH PROCEEDS FROM SECURITIES LENDING – 0.2% | | ||||||||||||
| MONEY MARKET FUND – 0.2% | | ||||||||||||
| | | 722,785 | | | |
Federated Government Obligations Fund, Premier Class, 5.162%(k)
(Cost – $722,785) |
| | | | 722,785 | | |
| | | | | | |
TOTAL INVESTMENTS – 104.4%
(Cost – $438,180,247) |
| | |
|
422,288,703
|
| |
| | | | | | |
Liabilities in Excess of Other Assets – (4.4)%
|
| | | | (17,982,692) | | |
| | | | | | | TOTAL NET ASSETS – 100.0% | | | | $ | 404,306,011 | | |
|
Corporate Bonds & Notes
|
| | | | 35.7% | | |
|
Exchange Traded Fund (ETF)
|
| | | | 17.7 | | |
|
Asset-Backed Securities
|
| | | | 10.9 | | |
|
Collateralized Mortgage Obligations
|
| | | | 8.9 | | |
|
U.S. Government Obligations
|
| | | | 7.1 | | |
|
Senior Loans
|
| | | | 5.1 | | |
|
Preferred Stocks
|
| | | | 1.2 | | |
|
Common Stocks
|
| | | | 1.2 | | |
|
Mortgage-Backed Securities
|
| | | | 0.6 | | |
|
Sovereign Bonds
|
| | | | 0.2 | | |
|
Warrants
|
| | | | 0.0* | | |
|
Short-Term Investments
|
| | | | 11.2 | | |
|
Money Market Fund
|
| | | | 0.2 | | |
| | | | | | 100.0% | | |
Foreign Currency
|
| |
Local
Currency |
| |
Counterparty
|
| |
Market
Value |
| |
Settlement
Date |
| |
Unrealized
Appreciation |
| |
Unrealized
(Depreciation) |
| |
Unrealized
Appreciation/ (Depreciation) |
| |||||||||||||||||||||
Contracts to Buy: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Swedish Krona
|
| | | | 4,870,000 | | | | | | BBH | | | | | $ | 470,024 | | | | | | 3/15/24 | | | | | $ | — | | | | | $ | (1,177) | | | | | $ | (1,177) | | |
Contracts to Sell: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Euro
|
| | | | 14,950,000 | | | | | | BBH | | | | | | 16,165,133 | | | | | | 3/15/24 | | | | | $ | — | | | | | $ | (48,286) | | | | | $ | (48,286) | | |
Swedish Krona
|
| | | | 52,300,000 | | | | | | BBH | | | | | | 5,047,693 | | | | | | 3/15/24 | | | | | | — | | | | | | (27,454) | | | | | | (27,454) | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | $ | — | | | | | $ | (75,740) | | | | | $ | (75,740) | | |
Net Unrealized Depreciation on Open Forward Foreign Currency Contracts | | | | $ | — | | | | | $ | (76,917) | | | | | $ | (76,917) | | |
|
Face Amount/Units†
|
| |
Security
|
| |
Value
|
| ||||||
| CORPORATE BONDS & NOTES – 69.3% | | ||||||||||||
| Australia – 1.2% | | ||||||||||||
| | $ | 8,018,000 | | | |
Infrabuild Australia Pty Ltd., Senior Secured Notes, 14.500% due 11/15/28(a)(b)
|
| | | $ | 8,248,518 | | |
| | | 1,800,000 | | | |
QBE Insurance Group Ltd., Subordinated Notes, 6.750% (USD Swap Rate +
4.300%) due 12/2/44(c) |
| | | | 1,798,904 | | |
| | | | | | |
Total Australia
|
| | | | 10,047,422 | | |
| Bermuda – 0.8% | | ||||||||||||
| | | 200,000 | | | |
Aegon Ltd., Subordinated Notes, 5.500% (6-Month USD-SOFR + 3.540%) due
4/11/48(c) |
| | | | 192,096 | | |
| | | 335,532 | | | |
Digicel Group Holdings Ltd., Senior Secured Notes, zero coupon, due
12/31/30(a)(b)(d) |
| | | | 65,211 | | |
| | | 2,100,000 | | | |
Geopark Ltd., Company Guaranteed Notes, 5.500% due 1/17/27
|
| | | | 1,903,058 | | |
| | | 4,185,000 | | | |
Inkia Energy Ltd., Senior Unsecured Notes, 5.875% due 11/9/27
|
| | | | 4,059,450 | | |
| | | | | | |
Total Bermuda
|
| | | | 6,219,815 | | |
| Brazil – 1.3% | | ||||||||||||
| | | 5,700,000 | | | |
Banco do Brasil SA, Junior Subordinated Notes, 6.250% (5-Year CMT Index +
4.398%)(c)(e) |
| | | | 5,712,255 | | |
| | | 1,400,000 | | | |
Banco do Estado do Rio Grande do Sul SA, Subordinated Notes, 5.375% (5-Year
CMT Index + 4.928%) due 1/28/31(c) |
| | | | 1,342,600 | | |
| | | 1,500,000 | | | |
Itau Unibanco Holding SA, Junior Subordinated Notes, 4.625% (5-Year CMT
Index + 3.222%)(c)(e) |
| | | | 1,390,850 | | |
| | | 2,517,957 | | | |
Prumo Participacoes e Investimentos S/A, Senior Secured Notes, 7.500% due
12/31/31 |
| | | | 2,516,274 | | |
| | | | | | |
Total Brazil
|
| | | | 10,961,979 | | |
| British Virgin Islands – 0.1% | | ||||||||||||
| | | 950,000 | | | |
Gold Fields Orogen Holdings BVI Ltd., Company Guaranteed Notes, 5.125% due
5/15/24 |
| | | | 946,847 | | |
| Canada – 2.9% | | ||||||||||||
| | | 200,000 | | | |
Bank of Montreal, Junior Subordinated Notes, 7.700% (1-Month TSFR +
3.452%) due 5/26/84(a)(c) |
| | | | 200,000 | | |
| | | 205,000 | | | |
Bank of Nova Scotia, Junior Subordinated Notes, 8.000% (5-Year CMT Index +
4.017%) due 1/27/84(c) |
| | | | 207,010 | | |
| | | 3,800,000 | | | |
Canacol Energy Ltd., Company Guaranteed Notes, 5.750% due 11/24/28
|
| | | | 2,584,380 | | |
| | | 10,024,000 | | | |
Cannabist Co. Holdings Inc., Senior Secured Notes, 9.500% due 2/3/26
|
| | | | 8,470,280 | | |
| | | 1,135,000 | | | |
Emera Inc., Junior Subordinated Notes, 6.750% (3-Month USD-SOFR + 5.440%)
due 6/15/76(c) |
| | | | 1,112,175 | | |
| | | | | | | Enbridge Inc., Subordinated Notes: | | | | | | | |
| | | 200,000 | | | |
6.000% (3-Month TSFR + 4.152%) due 1/15/77(c)
|
| | | | 194,332 | | |
| | | 315,000 | | | |
5.500% (3-Month TSFR + 3.680%) due 7/15/77(c)
|
| | | | 292,878 | | |
| | | 735,000 | | | |
5.750% (5-Year CMT Index + 5.314%) due 7/15/80(c)
|
| | | | 685,533 | | |
| | | 575,000 | | | |
7.625% (5-Year CMT Index + 4.418%) due 1/15/83(c)
|
| | | | 582,317 | | |
| | | 700,000 | | | |
Enbridge, Inc., Subordinated Notes, 8.500% (5-Year CMT Index + 4.431%) due
1/15/84(c) |
| | | | 746,423 | | |
|
Face Amount/Units†
|
| |
Security
|
| |
Value
|
| ||||||
| CORPORATE BONDS & NOTES – (continued) | | ||||||||||||
| Canada – (continued) | | ||||||||||||
| | $ | 6,300,000 | | | |
MEGlobal Canada ULC, Company Guaranteed Notes, 5.000% due 5/18/25
|
| | | $ | 6,213,753 | | |
| | | 1,000,000 | | | |
MEGlobal Canada ULC, Company Guaranteed Notes, 5.000% due 5/18/25(b)
|
| | | | 986,310 | | |
| | | 400,000 | | | |
Toronto-Dominion Bank, Junior Subordinated Notes, 8.125% (5-Year CMT
Index + 4.075%) due 10/31/82(c) |
| | | | 416,304 | | |
| | | | | | | TransCanada Trust, Company Guaranteed Notes: | | | | | | | |
| | | 90,000 | | | |
5.875% (3-Month USD-SOFR + 4.640%) due 8/15/76(c)
|
| | | | 86,315 | | |
| | | 280,000 | | | |
5.500% (SOFRRATE + 4.416%) due 9/15/79(c)
|
| | | | 250,370 | | |
| | | 750,000 | | | |
5.600% (5-Year CMT Index + 3.986%) due 3/7/82(c)
|
| | | | 656,266 | | |
| | | | | | |
Total Canada
|
| | | | 23,684,646 | | |
| Cayman Islands – 0.6% | | ||||||||||||
| | | 1,171,449 | | | |
Bioceanico Sovereign Certificate Ltd., Senior Secured Notes, zero coupon, due
6/5/34 |
| | | | 847,543 | | |
| | | 500,000 | | | |
Cosan Overseas Ltd., Company Guaranteed Notes, 8.250%(e)
|
| | | | 505,000 | | |
| | | 98,552 | | | |
Interoceanica IV Finance Ltd., Senior Secured Notes, zero coupon, due
11/30/25 |
| | | | 92,245 | | |
| | | 3,272,178 | | | |
Lima Metro Line 2 Finance Ltd., Senior Secured Notes, 5.875% due 7/5/34
|
| | | | 3,215,104 | | |
| | | 728,000 | | | |
Rutas 2 and 7 Finance Ltd., Senior Secured Notes, zero coupon, due 9/30/36
|
| | | | 490,490 | | |
| | | | | | |
Total Cayman Islands
|
| | | | 5,150,382 | | |
| Chile – 2.4% | | ||||||||||||
| | | | | | | AES Andes SA, Junior Subordinated Notes: | | | | | | | |
| | | 800,000 | | | |
7.125% (5-Year USD Swap Rate + 4.644%) due 3/26/79(b)(c)
|
| | | | 785,204 | | |
| | | 1,000,000 | | | |
7.125% (5-Year USD Swap Rate + 4.644%) due 3/26/79(c)
|
| | | | 981,505 | | |
| | | 600,000 | | | |
6.350% (5-Year CMT Index + 4.917%) due 10/7/79(c)
|
| | | | 582,780 | | |
| | | 2,850,000 | | | |
Agrosuper SA, Senior Unsecured Notes, 4.600% due 1/20/32
|
| | | | 2,424,778 | | |
| | | 6,600,000 | | | |
CAP SA, Senior Unsecured Notes, 3.900% due 4/27/31
|
| | | | 5,164,500 | | |
| | | 3,400,000 | | | |
Chile Electricity PEC SpA, Senior Secured Notes, zero coupon, due 1/25/28(b)
|
| | | | 2,646,900 | | |
| | | 575,034 | | | |
Empresa Electrica Angamos SA, Senior Secured Notes, 4.875% due 5/25/29
|
| | | | 513,218 | | |
| | | 1,782,620 | | | |
Empresa Electrica Cochrane SpA, Senior Secured Notes, 5.500% due 5/14/27
|
| | | | 1,722,457 | | |
| | | 3,300,000 | | | |
Enel Generacion Chile SA, Senior Unsecured Notes, 4.250% due 4/15/24
|
| | | | 3,286,973 | | |
| | | 1,941,600 | | | |
GNL Quintero SA, Senior Unsecured Notes, 4.634% due 7/31/29
|
| | | | 1,905,845 | | |
| | | | | | |
Total Chile
|
| | | | 20,014,160 | | |
| Colombia – 2.4% | | ||||||||||||
| | | 250,000 | | | |
Banco GNB Sudameris SA, Subordinated Notes, 7.051% (5-Year CMT Index +
4.561%) due 4/3/27(c) |
| | | | 237,749 | | |
| | | 7,850,000 | | | |
Bancolombia SA, Subordinated Notes, 4.625% (5-Year CMT Index + 2.944%)
due 12/18/29(c) |
| | | | 7,358,464 | | |
| | | 4,000,000 | | | |
Ecopetrol SA, Senior Unsecured Notes, 6.875% due 4/29/30
|
| | | | 3,891,605 | | |
| | | | | | | Empresas Publicas de Medellin ESP, Senior Unsecured Notes: | | | | | | | |
| | | 3,505,000 | | | |
4.250% due 7/18/29
|
| | | | 3,021,310 | | |
|
Face Amount/Units†
|
| |
Security
|
| |
Value
|
| ||||||
| CORPORATE BONDS & NOTES – (continued) | | ||||||||||||
| Colombia – (continued) | | ||||||||||||
| | $ | 3,867,000 | | | |
4.375% due 2/15/31
|
| | | $ | 3,182,307 | | |
| | | 687,440 | | | |
Fideicomiso PA Pacifico Tres, Senior Secured Notes, 8.250% due 1/15/35
|
| | | | 640,178 | | |
| | | 1,000,000 | | | |
Oleoducto Central SA, Senior Unsecured Notes, 4.000% due 7/14/27
|
| | | | 931,159 | | |
| | | | | | |
Total Colombia
|
| | | | 19,262,772 | | |
| France – 0.6% | | ||||||||||||
| | | | | | | BNP Paribas SA, Junior Subordinated Notes: | | | | | | | |
| | | 675,000 | | | |
7.750% (5-Year CMT Index + 4.899%)(b)(c)(e)
|
| | | | 679,736 | | |
| | | 275,000 | | | |
8.000% (5-Year CMT Index + 3.727%)(b)(c)(e)
|
| | | | 274,681 | | |
| | | 295,000 | | | |
8.500% (5-Year CMT Index + 4.354%)(b)(c)(e)
|
| | | | 304,210 | | |
| | | 595,000 | | | |
9.250% (5-Year CMT Index + 4.969%)(b)(c)(e)
|
| | | | 632,185 | | |
| | | 1,000,000 | | | |
Credit Agricole SA, Junior Subordinated Notes, 8.125% (5-Year USD Swap
Rate + 6.185%)(b)(c)(e) |
| | | | 1,019,628 | | |
| | | | | | | Societe Generale SA, Junior Subordinated Notes: | | | | | | | |
| | | 940,000 | | | |
9.375% (5-Year CMT Index + 5.385%)(b)(c)(e)
|
| | | | 966,442 | | |
| | | 645,000 | | | |
10.000% (5-Year CMT Index + 5.448%)(b)(c)(e)
|
| | | | 680,815 | | |
| | | | | | |
Total France
|
| | | | 4,557,697 | | |
| Germany – 1.6% | | ||||||||||||
| | | 1,438,000EUR | | | |
DEAG Deutsche Entertainment AG, Senior Unsecured Notes, 8.000% due
7/12/26 |
| | | | 1,597,708 | | |
| | | 800,000EUR | | | |
Delivery Hero AG, Senior Unsecured Notes, 1.500% due 1/15/28
|
| | | | 659,797 | | |
| | | 1,500,000EUR | | | |
Delivery Hero SE, Senior Unsecured Notes, 2.125% due 3/10/29
|
| | | | 1,172,551 | | |
| | | 1,400,000 | | | |
Deutsche Bank AG, Junior Subordinated Notes, 6.000% (5-Year CMT Index +
4.524%)(c)(e) |
| | | | 1,233,260 | | |
| | | 2,594,199EUR | | | |
Lifefit Group Midco GmbH, Senior Secured Notes, 13.422% (3-Month
EURIBOR + 7.500%) due 1/26/25(f) |
| | | | 2,806,614 | | |
| | | 3,770,000EUR | | | |
LR Global Holding GmbH, Senior Secured Notes, 11.202% (3-Month
EURIBOR + 7.250%) due 2/3/25(c) |
| | | | 4,105,175 | | |
| | | 1,487,000EUR | | | |
Secop Group Holding GmbH, Senior Secured Notes, 12.325% (3-Month
EURIBOR + 8.400%) due 12/29/26(c) |
| | | | 1,643,310 | | |
| | | | | | |
Total Germany
|
| | | | 13,218,415 | | |
| Guatemala – 0.8% | | ||||||||||||
| | | 2,000,000 | | | |
Banco Industrial SA, Subordinated Notes, 4.875% (5-Year CMT Index + 4.442%)
due 1/29/31(a)(c) |
| | | | 1,919,060 | | |
| | | 4,700,000 | | | |
CT Trust, Senior Secured Notes, 5.125% due 2/3/32
|
| | | | 4,232,688 | | |
| | | | | | |
Total Guatemala
|
| | | | 6,151,748 | | |
| India – 1.9% | | ||||||||||||
| | | | | | | Adani Electricity Mumbai Ltd., Senior Secured Notes: | | | | | | | |
| | | 2,703,000 | | | |
3.949% due 2/12/30
|
| | | | 2,316,017 | | |
| | | 1,700,000 | | | |
3.867% due 7/22/31
|
| | | | 1,409,793 | | |
|
Face Amount/Units†
|
| |
Security
|
| |
Value
|
| ||||||
| CORPORATE BONDS & NOTES – (continued) | | ||||||||||||
| India – (continued) | | ||||||||||||
| | $ | 1,464,375 | | | |
Adani International Container Terminal Pvt Ltd., Senior Secured Notes, 3.000%
due 2/16/31 |
| | | $ | 1,254,746 | | |
| | | | | | | Adani Ports & Special Economic Zone Ltd., Senior Unsecured Notes: | | | | | | | |
| | | 3,100,000 | | | |
4.000% due 7/30/27
|
| | | | 2,832,900 | | |
| | | 800,000 | | | |
4.200% due 8/4/27
|
| | | | 735,999 | | |
| | | 2,700,000 | | | |
3.828% due 2/2/32
|
| | | | 2,214,905 | | |
| | | | | | | Adani Transmission Step-One Ltd., Senior Secured Notes: | | | | | | | |
| | | 2,100,000 | | | |
4.000% due 8/3/26
|
| | | | 1,969,170 | | |
| | | 2,904,500 | | | |
4.250% due 5/21/36
|
| | | | 2,469,963 | | |
| | | 250,000 | | | |
Reliance Industries Ltd., Senior Unsecured Notes, 3.667% due 11/30/27
|
| | | | 236,048 | | |
| | | | | | |
Total India
|
| | | | 15,439,541 | | |
| Indonesia – 2.6% | | ||||||||||||
| | | 3,350,000 | | | |
Adaro Indonesia PT, Company Guaranteed Notes, 4.250% due 10/31/24
|
| | | | 3,283,187 | | |
| | | | | | | Freeport Indonesia PT, Senior Unsecured Notes: | | | | | | | |
| | | 3,300,000 | | | |
4.763% due 4/14/27
|
| | | | 3,209,397 | | |
| | | 500,000 | | | |
4.763% due 4/14/27(b)
|
| | | | 486,272 | | |
| | | 3,300,000 | | | |
5.315% due 4/14/32
|
| | | | 3,196,486 | | |
| | | 5,605,000 | | | |
Indonesia Asahan Aluminium PT/Mineral Industri Indonesia Persero PT, Senior
Unsecured Notes, 4.750% due 5/15/25 |
| | | | 5,532,430 | | |
| | | 4,500,000 | | | |
Pertamina Persero PT, Senior Unsecured Notes, 1.400% due 2/9/26
|
| | | | 4,155,750 | | |
| | | 1,200,000 | | | |
Perusahaan Perseroan Persero PT Perusahaan Listrik Negara, Senior Unsecured
Notes, 4.125% due 5/15/27 |
| | | | 1,147,500 | | |
| | | | | | |
Total Indonesia
|
| | | | 21,011,022 | | |
| Isle of Man – 0.0% | | ||||||||||||
| | | 205,000 | | | |
AngloGold Ashanti Holdings PLC, Company Guaranteed Notes, 3.750% due
10/1/30 |
| | | | 177,815 | | |
| Italy – 1.1% | | ||||||||||||
| | | 485,000 | | | |
Intesa Sanpaolo SpA, Company Guaranteed Notes, 7.700% (5-Year USD Swap
Rate + 5.462%)(b)(c)(e) |
| | | | 479,515 | | |
| | | 7,956,000EUR | | | |
Opnet SpA, Senior Secured Notes, 10.925% (3-Month EURIBOR + 6.250%) due
2/9/26(b)(c)(d) |
| | | | 8,565,312 | | |
| | | | | | |
Total Italy
|
| | | | 9,044,827 | | |
| Jersey, Channel Islands – 0.7% | | ||||||||||||
| | | 5,514,000EUR | | | |
Lithium Midco II Ltd., Senior Secured Notes, 10.675% (3-Month EURIBOR +
6.750%) due 7/9/25(c) |
| | | | 5,899,936 | | |
| Luxembourg – 4.1% | | ||||||||||||
| | | 4,350,000 | | | |
CSN Resources SA, Company Guaranteed Notes, 5.875% due 4/8/32
|
| | | | 3,731,570 | | |
| | | 8,057,031 | | | |
Guara Norte SARL, Senior Secured Notes, 5.198% due 6/15/34
|
| | | | 7,261,399 | | |
| | | 3,326,431EUR | | | |
Mangrove Luxco III SARL, Senior Secured Notes, 7.775% due 10/9/25(f)
|
| | | | 3,541,595 | | |
|
Face Amount/Units†
|
| |
Security
|
| |
Value
|
| ||||||
| CORPORATE BONDS & NOTES – (continued) | | ||||||||||||
| Luxembourg – (continued) | | ||||||||||||
| | $ | 1,140,902 | | | |
MC Brazil Downstream Trading SARL, Senior Secured Notes, 7.250% due
6/30/31 |
| | | $ | 1,033,659 | | |
| | | | | | | Millicom International Cellular SA, Senior Unsecured Notes: | | | | | | | |
| | | 2,277,900 | | | |
6.625% due 10/15/26
|
| | | | 2,250,416 | | |
| | | 1,350,000 | | | |
5.125% due 1/15/28
|
| | | | 1,287,111 | | |
| | | 900,000 | | | |
6.250% due 3/25/29
|
| | | | 874,125 | | |
| | | | | | | Minerva Luxembourg SA, Company Guaranteed Notes: | | | | | | | |
| | | 4,300,000 | | | |
4.375% due 3/18/31
|
| | | | 3,557,414 | | |
| | | 1,000,000 | | | |
8.875% due 9/13/33
|
| | | | 1,051,700 | | |
| | | 1,200,000 | | | |
8.875% due 9/13/33(b)
|
| | | | 1,262,040 | | |
| | | 1,000,000 | | | |
Movida Europe SA, Company Guaranteed Notes, 5.250% due 2/8/31
|
| | | | 888,479 | | |
| | | 2,600,000 | | | |
Nexa Resources SA, Company Guaranteed Notes, 5.375% due 5/4/27
|
| | | | 2,508,919 | | |
| | | 2,413,000 | | | |
Puffin Finance SARL, Senior Secured Notes, 15.000% due 9/11/25
|
| | | | 2,443,163 | | |
| | | 1,095,000 | | | |
Simpar Europe SA, Company Guaranteed Notes, 5.200% due 1/26/31
|
| | | | 949,507 | | |
| | | 1,085,603 | | | |
Tierra Mojada Luxembourg II SARL, Senior Secured Notes, 5.750% due
12/1/40 |
| | | | 969,526 | | |
| | | | | | |
Total Luxembourg
|
| | | | 33,610,623 | | |
| Malaysia – 0.4% | | ||||||||||||
| | | 3,000,000 | | | |
TNB Global Ventures Capital Bhd, Senior Unsecured Notes, 3.244% due
10/19/26 |
| | | | 2,840,725 | | |
| Mauritius – 0.5% | | ||||||||||||
| | | 2,500,000 | | | |
Network i2i Ltd., Company Guaranteed Notes, 5.650% (5-Year CMT Index +
4.274%)(c)(e) |
| | | | 2,475,000 | | |
| | | 2,200,000 | | | |
UPL Corp., Ltd., Company Guaranteed Notes, 4.500% due 3/8/28
|
| | | | 1,911,822 | | |
| | | | | | |
Total Mauritius
|
| | | | 4,386,822 | | |
| Mexico – 4.6% | | ||||||||||||
| | | | | | | Banco Mercantil del Norte SA, Junior Subordinated Notes: | | | | | | | |
| | | 6,722,000 | | | |
5.875% (5-Year CMT Index + 4.643%)(c)(e)
|
| | | | 6,392,641 | | |
| | | 900,000 | | | |
6.625% (5-Year CMT Index + 5.034%)(c)(e)
|
| | | | 788,859 | | |
| | | 257,000 | | | |
7.500% (5-Year CMT Index + 5.470%)(c)(e)
|
| | | | 251,883 | | |
| | | 4,300,000 | | | |
Banco Nacional de Comercio Exterior SNC, Subordinated Notes, 2.720% (5-Year
CMT Index + 2.000%) due 8/11/31(c) |
| | | | 3,750,421 | | |
| | | 1,000,000 | | | |
Banco Santander Mexico SA Institucion de Banca Multiple Grupo Financiero
Santand, Subordinated Notes, 7.525% (5-Year CMT Index + 2.995%) due 10/1/28(c) |
| | | | 1,034,151 | | |
| | | | | | | BBVA Bancomer SA, Subordinated Notes: | | | | | | | |
| | | 8,500,000 | | | |
5.875% (5-Year CMT Index + 4.308%) due 9/13/34(c)
|
| | | | 7,858,036 | | |
| | | 400,000 | | | |
8.450% (5-Year CMT Index + 4.661%) due 6/29/38(c)
|
| | | | 422,360 | | |
| | | 2,300,000 | | | |
Buffalo Energy Mexico Holdings/Buffalo Energy Infrastructure/Buffalo Energy,
Senior Secured Notes, 7.875% due 2/15/39(b) |
| | | | 2,442,554 | | |
|
Face Amount/Units†
|
| |
Security
|
| |
Value
|
| ||||||
| CORPORATE BONDS & NOTES – (continued) | | ||||||||||||
| Mexico – (continued) | | ||||||||||||
| | $ | 6,800,000 | | | |
Cemex SAB de CV, Subordinated Notes, 5.125% (5-Year CMT Index +
4.534%)(c)(e) |
| | | $ | 6,476,697 | | |
| | | 1,470,720 | | | |
Cometa Energia SA de CV, Senior Secured Notes, 6.375% due 4/24/35
|
| | | | 1,454,177 | | |
| | | 1,690,821 | | | |
Fermaca Enterprises S de RL de CV, Senior Secured Notes, 6.375% due
3/30/38 |
| | | | 1,633,183 | | |
| | | 3,609,113 | | | |
Mexico Generadora de Energia S de rl, Senior Secured Notes, 5.500% due
12/6/32 |
| | | | 3,528,420 | | |
| | | 3,300,000 | | | |
Petroleos Mexicanos, Company Guaranteed Notes, 6.750% due 9/21/47
|
| | | | 2,097,259 | | |
| | | | | | |
Total Mexico
|
| | | | 38,130,641 | | |
| Netherlands – 3.9% | | ||||||||||||
| | | 1,755,000 | | | |
AerCap Holdings NV, Company Guaranteed Notes, 5.875% (5-Year CMT
Index + 4.535%) due 10/10/79(c) |
| | | | 1,736,782 | | |
| | | 3,699,000EUR | | | |
Azerion Group NV, Senior Secured Notes, 10.643% (3-Month EURIBOR +
6.750%) due 10/2/26(c) |
| | | | 3,927,916 | | |
| | | | | | | Braskem Netherlands Finance BV, Company Guaranteed Notes: | | | | | | | |
| | | 4,200,000 | | | |
7.250% due 2/13/33
|
| | | | 3,824,502 | | |
| | | 2,300,000 | | | |
8.500% (5-Year CMT Index + 8.220%) due 1/23/81(c)
|
| | | | 2,221,142 | | |
| | | 4,967,000 | | | |
Clear Channel International BV, Senior Secured Notes, 6.625% due 8/1/25(b)
|
| | | | 4,968,291 | | |
| | | | | | | ING Groep NV, Junior Subordinated Notes: | | | | | | | |
| | | 735,000 | | | |
5.750% (5-Year CMT Index + 4.342%)(c)(e)
|
| | | | 691,620 | | |
| | | 400,000 | | | |
6.500% (5-Year USD Swap Rate + 4.446%)(c)(e)
|
| | | | 393,028 | | |
| | | 200,000 | | | |
7.500% (5-Year CMT Index + 3.711%)(c)(e)
|
| | | | 195,412 | | |
| | | | | | | Minejesa Capital BV, Senior Secured Notes: | | | | | | | |
| | | 5,764,760 | | | |
4.625% due 8/10/30
|
| | | | 5,443,864 | | |
| | | 1,700,000 | | | |
5.625% due 8/10/37
|
| | | | 1,483,250 | | |
| | | 2,536,298 | | | |
Mong Duong Finance Holdings BV, Senior Secured Notes, 5.125% due 5/7/29
|
| | | | 2,420,744 | | |
| | | 5,293,753 | | | |
MV24 Capital BV, Senior Secured Notes, 6.748% due 6/1/34
|
| | | | 4,967,304 | | |
| | | | | | |
Total Netherlands
|
| | | | 32,273,855 | | |
| Norway – 1.6% | | ||||||||||||
| | | 4,500,000NOK | | | |
Aker Horizons ASA, Senior Unsecured Notes, 7.970% (3-Month NIBOR +
3.250%) due 8/15/25(c) |
| | | | 415,288 | | |
| | | 29,500,000NOK | | | |
Austevoll Seafood ASA, Senior Unsecured Notes, 6.780% (3-Month NIBOR +
2.000%) due 6/21/28(c) |
| | | | 2,778,000 | | |
| | | 32,000,000NOK | | | |
Bulk Infrastructure Holding AS, Senior Unsecured Notes, 9.210% (3-Month
NIBOR + 4.500%) due 10/15/24(c) |
| | | | 3,020,957 | | |
| | | 4,933,000NOK | | | |
Duett Software Group AS, Senior Secured Notes, 9.710% (3-Month NIBOR +
5.000%) due 4/12/26(c) |
| | | | 457,570 | | |
| | | 5,619,000EUR | | | |
Fiven ASA, Senior Secured Notes, 10.669% (3-Month EURIBOR + 6.700%) due
12/11/26(a) |
| | | | 6,285,571 | | |
|
Face Amount/Units†
|
| |
Security
|
| |
Value
|
| ||||||
| CORPORATE BONDS & NOTES – (continued) | | ||||||||||||
| Norway – (continued) | | ||||||||||||
| | $ | 3,900,000NOK | | | |
Kistefos AS, Senior Unsecured Notes, 9.600% (3-Month NIBOR + 5.000%) due
9/13/28(a)(c) |
| | | $ | 367,261 | | |
| | | 209,998 | | | |
Kistos Energy Norway AS, Subordinated Notes, zero coupon, due 3/21/83(d)
|
| | | | 83,999 | | |
| | | | | | |
Total Norway
|
| | | | 13,408,646 | | |
| Panama – 0.4% | | ||||||||||||
| | | 2,000,000 | | | |
Global Bank Corp., Senior Unsecured Notes, 5.250% (3-Month USD-SOFR +
3.300%) due 4/16/29(c) |
| | | | 1,856,580 | | |
| | | 824,000 | | | |
Intercorp Financial Services, Inc., Senior Unsecured Notes, 4.125% due
10/19/27 |
| | | | 766,824 | | |
| | | 900,000 | | | |
Multibank Inc., Senior Unsecured Notes, 7.750% due 2/3/28(b)
|
| | | | 914,625 | | |
| | | | | | |
Total Panama
|
| | | | 3,538,029 | | |
| Paraguay – 0.1% | | ||||||||||||
| | | 1,200,000 | | | |
Frigorifico Concepcion SA, Senior Secured Notes, 7.700% due 7/21/28
|
| | | | 1,041,000 | | |
| Peru – 3.3% | | ||||||||||||
| | | | | | | Banco de Credito del Peru SA, Subordinated Notes: | | | | | | | |
| | | 1,900,000 | | | |
3.125% (5-Year CMT Index + 3.000%) due 7/1/30(c)
|
| | | | 1,803,744 | | |
| | | 2,800,000 | | | |
3.250% (5-Year CMT Index + 2.450%) due 9/30/31(b)(c)
|
| | | | 2,582,083 | | |
| | | 1,950,000 | | | |
3.250% (5-Year CMT Index + 2.450%) due 9/30/31(c)
|
| | | | 1,798,236 | | |
| | | 4,392,000 | | | |
Banco Internacional del Peru SAA Interbank, Subordinated Notes, 4.000%
(5-Year CMT Index + 3.711%) due 7/8/30(c) |
| | | | 4,207,764 | | |
| | | 750,000 | | | |
Camposol SA, Company Guaranteed Notes, 6.000% due 2/3/27
|
| | | | 551,250 | | |
| | | 3,000,000 | | | |
Compania de Minas Buenaventura SAA, Company Guaranteed Notes, 5.500%
due 7/23/26 |
| | | | 2,884,693 | | |
| | | 3,257,059 | | | |
Fenix Power Peru SA, Senior Unsecured Notes, 4.317% due 9/20/27
|
| | | | 3,086,063 | | |
| | | | | | | Kallpa Generacion SA: | | | | | | | |
| | | 300,000 | | | |
Company Guaranteed Notes, 4.125% due 8/16/27
|
| | | | 283,126 | | |
| | | 2,700,000 | | | |
Senior Unsecured Notes, 4.875% due 5/24/26
|
| | | | 2,635,875 | | |
| | | 1,700,000 | | | |
Minsur SA, Senior Unsecured Notes, 4.500% due 10/28/31
|
| | | | 1,476,466 | | |
| | | 2,400,000 | | | |
Orazul Energy Peru SA, Company Guaranteed Notes, 5.625% due 4/28/27
|
| | | | 2,247,000 | | |
| | | 4,300,000 | | | |
Petroleos del Peru SA, Senior Unsecured Notes, 5.625% due 6/19/47
|
| | | | 2,926,798 | | |
| | | 1,000,000 | | | |
Transportadora de Gas del Peru SA, Senior Unsecured Notes, 4.250% due
4/30/28 |
| | | | 974,434 | | |
| | | | | | |
Total Peru
|
| | | | 27,457,532 | | |
| Portugal – 0.0% | | ||||||||||||
| | | 70,068 | | | |
Invepar, zero coupon, due 12/30/28(a)(d)
|
| | | | — | | |
| Singapore – 2.9% | | ||||||||||||
| | | 6,000,000 | | | |
DBS Group Holdings Ltd., Subordinated Notes, 1.822% (5-Year CMT Index +
1.100%) due 3/10/31(c) |
| | | | 5,556,602 | | |
| | | 6,348,440 | | | |
LLPL Capital Pte Ltd., Senior Secured Notes, 6.875% due 2/4/39
|
| | | | 6,134,180 | | |
|
Face Amount/Units†
|
| |
Security
|
| |
Value
|
| ||||||
| CORPORATE BONDS & NOTES – (continued) | | ||||||||||||
| Singapore – (continued) | | ||||||||||||
| | $ | 6,700,000 | | | |
Oversea-Chinese Banking Corp., Ltd., Subordinated Notes, 1.832% (5-Year CMT
Index + 1.580%) due 9/10/30(b)(c) |
| | | $ | 6,312,541 | | |
| | | 6,400,000 | | | |
United Overseas Bank Ltd., Subordinated Notes, 1.750% (5-Year CMT Index +
1.520%) due 3/16/31(c) |
| | | | 5,917,989 | | |
| | | | | | |
Total Singapore
|
| | | | 23,921,312 | | |
| South Korea – 0.9% | | ||||||||||||
| | | 2,700,000 | | | |
Korea East-West Power Co., Ltd., Senior Unsecured Notes, 1.750% due 5/6/25
|
| | | | 2,587,062 | | |
| | | | | | | KT Corp., Senior Unsecured Notes: | | | | | | | |
| | | 1,000,000 | | | |
1.000% due 9/1/25
|
| | | | 936,928 | | |
| | | 400,000 | | | |
2.500% due 7/18/26
|
| | | | 374,734 | | |
| | | 3,900,000 | | | |
LG Chem Ltd., Senior Unsecured Notes, 3.250% due 10/15/24
|
| | | | 3,840,188 | | |
| | | | | | |
Total South Korea
|
| | | | 7,738,912 | | |
| Spain – 1.2% | | ||||||||||||
| | | | | | | AI Candelaria Spain SA, Senior Secured Notes: | | | | | | | |
| | | 5,249,475 | | | |
7.500% due 12/15/28
|
| | | | 5,040,528 | | |
| | | 3,050,000 | | | |
5.750% due 6/15/33
|
| | | | 2,418,650 | | |
| | | | | | | Banco Bilbao Vizcaya Argentaria SA, Junior Subordinated Notes: | | | | | | | |
| | | 800,000 | | | |
6.125% (5-Year USD Swap Rate + 3.870%)(c)(e)
|
| | | | 721,568 | | |
| | | 200,000 | | | |
9.375% (5-Year CMT Index + 5.099%)(c)(e)
|
| | | | 211,048 | | |
| | | 1,400,000 | | | |
Banco Santander SA, Junior Subordinated Notes, 4.750% (5-Year CMT Index +
3.753%)(c)(e) |
| | | | 1,193,870 | | |
| | | | | | |
Total Spain
|
| | | | 9,585,664 | | |
| Sweden – 1.5% | | ||||||||||||
| | | 22,500,000SEK | | | |
Esmaeilzadeh Holding AB, Senior Unsecured Notes, 11.595% (3-Month
SEK-STIBOR + 7.500%) due 1/26/25(c) |
| | | | 2,027,076 | | |
| | | | | | | Go North Group AB: | | | | | | | |
| | | 3,880,000 | | | |
Senior Secured Notes, 5.335% (SOFRRATE + 0.000%) due 2/9/26(a)(c)
|
| | | | 3,880,000 | | |
| | | 2,750,193SEK | | | |
Senior Unsecured Notes, 15.000% due 2/2/28(a)
|
| | | | — | | |
| | | 1,200,000EUR | | | |
Inteno Group AB, Senior Secured Notes, 11.462% (3-Month EURIBOR +
7.500%) due 9/6/26(c) |
| | | | 998,659 | | |
| | | 23,750,000SEK | | | |
Novedo Holding AB, Senior Secured Notes, 10.597% (3-Month SEK-STIBOR +
6.500%) due 11/26/24(c) |
| | | | 2,188,053 | | |
| | | 37,500,000SEK | | | |
Stockwik Forvaltning AB, Senior Secured Notes, 12.088% (3-Month
SEK-STIBOR + 8.000%) due 3/20/26(c) |
| | | | 3,509,671 | | |
| | | | | | |
Total Sweden
|
| | | | 12,603,459 | | |
| Switzerland – 0.3% | | ||||||||||||
| | | 635,000 | | | |
Credit Suisse Group AG, Junior Subordinated Notes, 9.750% (5-Year CMT
Index + 6.383%)(b)(e) |
| | | | 74,612 | | |
|
Face Amount/Units†
|
| |
Security
|
| |
Value
|
| ||||||
| CORPORATE BONDS & NOTES – (continued) | | ||||||||||||
| Switzerland – (continued) | | ||||||||||||
| | | | | | | UBS Group AG, Junior Subordinated Notes: | | | | | | | |
| | $ | 1,180,000 | | | |
6.875% (5-Year USD Swap Rate + 4.590%)(c)(e)
|
| | | $ | 1,165,250 | | |
| | | 290,000 | | | |
7.750% (5-Year USD Swap Rate + 4.160%)(b)(c)(e)
|
| | | | 290,080 | | |
| | | 465,000 | | | |
9.250% (5-Year CMT Index + 4.758%)(b)(c)(e)
|
| | | | 506,310 | | |
| | | | | | |
Total Switzerland
|
| | | | 2,036,252 | | |
| United Kingdom – 1.3% | | ||||||||||||
| | | | | | | Barclays PLC, Junior Subordinated Notes: | | | | | | | |
| | | 360,000 | | | |
6.125% (5-Year CMT Index + 5.867%)(c)(e)
|
| | | | 342,748 | | |
| | | 900,000 | | | |
8.000% (5-Year CMT Index + 5.431%)(c)(e)
|
| | | | 884,321 | | |
| | | 235,000 | | | |
9.625% (5-Year USD Swap Rate + 5.775%)(c)(e)
|
| | | | 242,976 | | |
| | | | | | | HSBC Holdings PLC, Junior Subordinated Notes: | | | | | | | |
| | | 450,000 | | | |
6.375% (5-Year USD 1100 Run ICE Swap Rate + 4.368%)(c)(e)
|
| | | | 444,861 | | |
| | | 2,355,000 | | | |
8.000% (5-Year CMT Index + 3.858%)(c)(e)
|
| | | | 2,426,686 | | |
| | | | | | | Impala BondCo PLC: | | | | | | | |
| | | 12,500,000SEK | | | |
Senior Secured Notes, 13.080% (3-Month SEK-STIBOR + 9.000%) due
10/20/24 |
| | | | 783,817 | | |
| | | 427,145SEK | | | |
Unsecured Notes, zero coupon,(a)(e)
|
| | | | 26,784 | | |
| | | | | | | Lloyds Banking Group PLC, Junior Subordinated Notes: | | | | | | | |
| | | 755,000 | | | |
7.500% (5-Year USD 1100 Run ICE Swap Rate + 4.496%)(c)(e)
|
| | | | 743,668 | | |
| | | 600,000 | | | |
8.000% (5-Year CMT Index + 3.913%)(c)(e)
|
| | | | 590,677 | | |
| | | 2,000,000 | | | |
MARB BondCo PLC, Company Guaranteed Notes, 3.950% due 1/29/31
|
| | | | 1,622,294 | | |
| | | | | | | NatWest Group PLC, Junior Subordinated Notes: | | | | | | | |
| | | 600,000 | | | |
6.000% (5-Year CMT Index + 5.625%)(c)(e)
|
| | | | 582,570 | | |
| | | 470,000 | | | |
8.000% (5-Year USD Swap Rate + 5.720%)(c)(e)
|
| | | | 474,982 | | |
| | | 240,000 | | | |
Standard Chartered PLC, Junior Subordinated Notes, 6.000% (5-Year CMT
Index + 5.661%)(b)(c)(e) |
| | | | 236,341 | | |
| | | 188,000 | | | |
Vedanta Resources Ltd., Company Guaranteed Notes, 13.875% due 12/9/28
|
| | | | 169,388 | | |
| | | | | | | Vodafone Group PLC, Junior Subordinated Notes: | | | | | | | |
| | | 685,000 | | | |
7.000% (5-Year USD Swap Rate + 4.873%) due 4/4/79(c)
|
| | | | 701,937 | | |
| | | 250,000 | | | |
4.125% (5-Year CMT Index + 2.767%) due 6/4/81(c)
|
| | | | 213,514 | | |
| | | | | | |
Total United Kingdom
|
| | | | 10,487,564 | | |
| United States – 21.3% | | ||||||||||||
| | | 7,321,000 | | | |
99 Escrow Issuer Inc., Senior Secured Notes, 7.500% due 1/15/26(b)
|
| | | | 2,414,938 | | |
| | | 820,000 | | | |
AerCap Global Aviation Trust, Company Guaranteed Notes, 6.500% (3-Month
TSFR + 4.562%) due 6/15/45(b)(c) |
| | | | 813,196 | | |
| | | 580,000 | | | |
Air Lease Corp., Junior Subordinated Notes, 4.650% (5-Year CMT Index +
4.076%)(c)(e) |
| | | | 543,554 | | |
| | | 915,000 | | | |
Ally Financial Inc., Junior Subordinated Notes, 4.700% (5-Year CMT Index +
3.481%)(c)(e) |
| | | | 743,667 | | |
|
Face Amount/Units†
|
| |
Security
|
| |
Value
|
| ||||||
| CORPORATE BONDS & NOTES – (continued) | | ||||||||||||
| United States – (continued) | | ||||||||||||
| | $ | 250,000 | | | |
American AgCredit Corp., Junior Subordinated Notes, 5.250% (5-Year CMT
Index + 4.500%)(b)(c)(e) |
| | | $ | 233,750 | | |
| | | 160,000 | | | |
American Electric Power Co., Inc., Junior Subordinated Notes, 3.875% (5-Year
CMT Index + 2.675%) due 2/15/62(c) |
| | | | 142,326 | | |
| | | 465,000 | | | |
American Express Co., Junior Subordinated Notes, 3.550% (5-Year CMT Index +
2.854%)(c)(e) |
| | | | 419,533 | | |
| | | 1,682,000 | | | |
American Greetings Corp., Company Guaranteed Notes, 8.750% due
4/15/25(b) |
| | | | 1,684,102 | | |
| | | 160,000 | | | |
American International Group Inc., Junior Subordinated Notes, 5.750% (3-Month
USD-SOFR + 2.868%) due 4/1/48(c) |
| | | | 157,185 | | |
| | | 1,200,000 | | | |
Assurant Inc., Subordinated Notes, 7.000% (3-Month USD-SOFR + 4.135%) due
3/27/48(c) |
| | | | 1,215,451 | | |
| | | 969,000 | | | |
Assured Guaranty Municipal Holdings Inc., Company Guaranteed Notes, 6.400%
(1-Month USD-SOFR + 2.215%) due 12/15/66(b)(c) |
| | | | 887,882 | | |
| | | 311,000 | | | |
AXIS Specialty Finance LLC, Company Guaranteed Notes, 4.900% (5-Year
CMT Index + 3.186%) due 1/15/40(c) |
| | | | 272,039 | | |
| | | | | | | Bank of America Corp., Junior Subordinated Notes: | | | | | | | |
| | | 355,000 | | | |
4.375% (5-Year CMT Index + 2.760%)(c)(e)
|
| | | | 327,780 | | |
| | | 200,000 | | | |
6.100% (3-Month TSFR + 4.160%)(c)(e)
|
| | | | 199,865 | | |
| | | 580,000 | | | |
6.250% (3-Month TSFR + 3.967%)(c)(e)
|
| | | | 578,457 | | |
| | | 1,300,000 | | | |
6.300% (3-Month TSFR + 4.815%)(c)(e)
|
| | | | 1,302,802 | | |
| | | 640,000 | | | |
6.500% (3-Month TSFR + 4.436%)(c)(e)
|
| | | | 639,156 | | |
| | | 500,000 | | | |
Bank of New York Mellon Corp., Junior Subordinated Notes, 4.700% (5-Year
CMT Index + 4.358%)(c)(e) |
| | | | 489,541 | | |
| | | 133,000 | | | |
Briggs & Stratton Corp., Senior Unsecured Notes, 6.875% due 3/15/24(a)(g)
|
| | | | — | | |
| | | 9,250,000 | | | |
BuzzFeed Inc., Company Guaranteed Notes, 8.500% due 12/3/26(b)
|
| | | | 7,908,750 | | |
| | | 280,000 | | | |
Capital Farm Credit ACA, Junior Subordinated Notes, 5.000% (5-Year CMT
Index + 4.523%)(b)(c)(e) |
| | | | 264,600 | | |
| | | 685,000 | | | |
Capital One Financial Corp., Junior Subordinated Notes, 3.950% (5-Year CMT
Index + 3.157%)(c)(e) |
| | | | 602,725 | | |
| | | | | | | Charles Schwab Corp., Junior Subordinated Notes: | | | | | | | |
| | | 610,000 | | | |
4.000% (5-Year CMT Index + 3.168%)(c)(e)
|
| | | | 561,848 | | |
| | | 150,000 | | | |
5.000% (5-Year CMT Index + 3.256%)(c)(e)
|
| | | | 138,378 | | |
| | | 850,000 | | | |
5.375% (5-Year CMT Index + 4.971%)(c)(e)
|
| | | | 838,241 | | |
| | | | | | | Citigroup Inc., Junior Subordinated Notes: | | | | | | | |
| | | 265,000 | | | |
4.150% (5-Year CMT Index + 3.000%)(c)(e)
|
| | | | 238,825 | | |
| | | 400,000 | | | |
5.000% (SOFRRATE + 3.813%)(c)(e)
|
| | | | 394,841 | | |
| | | 1,104,000 | | | |
5.950% (3-Month TSFR + 4.167%)(c)(e)
|
| | | | 1,094,565 | | |
| | | 1,225,000 | | | |
6.250% (3-Month TSFR + 4.779%)(c)(e)
|
| | | | 1,219,656 | | |
| | | 280,000 | | | |
7.375% (5-Year CMT Index + 3.209%)(c)(e)
|
| | | | 286,337 | | |
|
Face Amount/Units†
|
| |
Security
|
| |
Value
|
| ||||||
| CORPORATE BONDS & NOTES – (continued) | | ||||||||||||
| United States – (continued) | | ||||||||||||
| | $ | 1,420,000 | | | |
Citigroup, Inc., Junior Subordinated Notes, 7.625% (5-Year CMT Index +
3.211%)(c)(e) |
| | | $ | 1,464,294 | | |
| | | | | | | Citizens Financial Group Inc., Junior Subordinated Notes: | | | | | | | |
| | | 460,000 | | | |
4.000% (5-Year CMT Index + 3.215%)(c)(e)
|
| | | | 394,312 | | |
| | | 100,000 | | | |
6.375% (3-Month TSFR + 3.419%)(c)(e)
|
| | | | 94,324 | | |
| | | 883,000 | | | |
Citrix Systems, Inc., Senior Secured Notes, 4.500% due 12/1/27
|
| | | | 737,040 | | |
| | | 215,000 | | | |
CMS Energy Corp., Junior Subordinated Notes, 4.750% (5-Year CMT Index +
4.116%) due 6/1/50(c) |
| | | | 197,007 | | |
| | | | | | | CoBank ACB, Junior Subordinated Notes: | | | | | | | |
| | | 1,075,000 | | | |
6.250% (3-Month USD-SOFR + 4.660%)(c)(e)
|
| | | | 1,048,125 | | |
| | | 460,000 | | | |
6.450% (5-Year CMT Index + 3.487%)(c)(e)
|
| | | | 453,062 | | |
| | | 650,000 | | | |
Compeer Financial ACA, Junior Subordinated Notes, 4.875% (5-Year CMT
Index + 4.095%)(b)(c)(e) |
| | | | 617,500 | | |
| | | 510,000 | | | |
Dairy Farmers of America Inc., Junior Subordinated Notes, 7.125%(b)(e)
|
| | | | 467,925 | | |
| | | | | | | Discover Financial Services, Junior Subordinated Notes: | | | | | | | |
| | | 125,000 | | | |
5.500% (3-Month TSFR + 3.338%)(c)(e)
|
| | | | 105,104 | | |
| | | 250,000 | | | |
6.125% (5-Year CMT Index + 5.783%)(c)(e)
|
| | | | 251,442 | | |
| | | | | | | Edison International, Junior Subordinated Notes: | | | | | | | |
| | | 245,000 | | | |
5.000% (5-Year CMT Index + 3.901%)(c)(e)
|
| | | | 232,632 | | |
| | | 300,000 | | | |
5.375% (5-Year CMT Index + 4.698%)(c)(e)
|
| | | | 289,156 | | |
| | | | | | | Energy Transfer LP, Junior Subordinated Notes: | | | | | | | |
| | | 660,000 | | | |
6.500% (5-Year CMT Index + 5.694%)(c)(e)
|
| | | | 639,705 | | |
| | | 44,000 | | | |
7.125% (5-Year CMT Index + 5.306%)(c)(e)
|
| | | | 42,410 | | |
| | | 210,000 | | | |
8.000% (5-Year CMT Index + 4.020%) due 5/15/54(c)
|
| | | | 218,190 | | |
| | | 360,000 | | | |
Enstar Finance LLC, Company Guaranteed Notes, 5.500% (5-Year CMT Index +
4.006%) due 1/15/42(c) |
| | | | 324,226 | | |
| | | 615,000 | | | |
Equitable Holdings Inc., Junior Subordinated Notes, 4.950% (5-Year CMT
Index + 4.736%)(c)(e) |
| | | | 596,295 | | |
| | | 705,000 | | | |
Fifth Third Bancorp, Junior Subordinated Notes, 4.500% (5-Year CMT Index +
4.215%)(c)(e) |
| | | | 669,813 | | |
| | | 400,000 | | | |
First Citizens BancShares Inc., Junior Subordinated Notes, 9.618% (3-Month
TSFR + 4.234%)(c)(e) |
| | | | 404,794 | | |
| | | 2,382,746 | | | |
Five Point Operating Co. LP/Five Point Capital Corp., Company Guaranteed
Notes, 10.500% due 1/15/28(b) |
| | | | 2,436,715 | | |
| | | | | | | Freeport-McMoRan Inc., Company Guaranteed Notes: | | | | | | | |
| | | 3,000,000 | | | |
5.000% due 9/1/27
|
| | | | 2,949,515 | | |
| | | 2,700,000 | | | |
4.125% due 3/1/28
|
| | | | 2,561,760 | | |
| | | 6,379,000 | | | |
Gap Inc., Company Guaranteed Notes, 3.875% due 10/1/31(b)
|
| | | | 5,145,610 | | |
| | | | | | | General Motors Financial Co., Inc., Junior Subordinated Notes: | | | | | | | |
| | | 1,105,000 | | | |
5.700% (5-Year CMT Index + 4.997%)(c)(e)
|
| | | | 1,034,808 | | |
|
Face Amount/Units†
|
| |
Security
|
| |
Value
|
| ||||||
| CORPORATE BONDS & NOTES – (continued) | | ||||||||||||
| United States – (continued) | | ||||||||||||
| | $ | 855,000 | | | |
5.750% (3-Month USD-SOFR + 3.598%)(c)(e)
|
| | | $ | 794,724 | | |
| | | 3,753,000 | | | |
Getty Images Inc., Company Guaranteed Notes, 9.750% due 3/1/27(b)
|
| | | | 3,741,548 | | |
| | | | | | | Goldman Sachs Group Inc., Junior Subordinated Notes: | | | | | | | |
| | | 395,000 | | | |
4.125% (5-Year CMT Index + 2.949%)(c)(e)
|
| | | | 360,739 | | |
| | | 905,000 | | | |
5.300% (3-Month TSFR + 4.096%)(c)(e)
|
| | | | 894,473 | | |
| | | 809,000 | | | |
5.500% (5-Year CMT Index + 3.623%)(c)(e)
|
| | | | 799,297 | | |
| | | 980,000 | | | |
7.500% (5-Year CMT Index + 3.156%)(c)(e)
|
| | | | 1,030,493 | | |
| | | 245,000 | | | |
8.437% (3-Month TSFR + 3.136%)(c)(e)
|
| | | | 244,314 | | |
| | | 3,000,000 | | | |
Gran Tierra Energy, Inc., Senior Secured Notes, 9.500% due 10/15/29(b)
|
| | | | 2,791,305 | | |
| | | 1,500,000 | | | |
Hawaii Electric Light Co., Inc.,3.280% due 12/30/40(a)(d)
|
| | | | 855,000 | | |
| | | 1,213,297 | | | |
Hawaiian Airlines 2013-1 Class A Pass-Through Certificates, Pass Thru
Certificates, 3.900% due 1/15/26 |
| | | | 1,132,597 | | |
| | | 2,435,000 | | | |
Hughes Satellite Systems Corp., Senior Secured Notes, 5.250% due 8/1/26
|
| | | | 2,080,391 | | |
| | | 1,000,000 | | | |
Huntington Bancshares Inc., Junior Subordinated Notes, 5.625% (5-Year CMT
Index + 4.945%)(c)(e) |
| | | | 905,000 | | |
| | | | | | |
Icahn Enterprises LP/Icahn Enterprises Finance Corp., Company Guaranteed
Notes: |
| | | | | | |
| | | 2,226,000 | | | |
4.750% due 9/15/24
|
| | | | 2,211,886 | | |
| | | 3,193,000 | | | |
6.375% due 12/15/25
|
| | | | 3,165,140 | | |
| | | 1,549,000 | | | |
6.250% due 5/15/26
|
| | | | 1,509,409 | | |
| | | 6,165,000 | | | |
IEA Energy Services LLC, Company Guaranteed Notes, 6.625% due
8/15/29(b) |
| | | | 5,882,707 | | |
| | | 250,000 | | | |
ILFC E-Capital Trust II, Limited Guaranteed Notes, 7.436% (3-Month TSFR +
2.062%) due 12/21/65(b)(c) |
| | | | 198,125 | | |
| | | 10,882,000 | | | |
INNOVATE Corp., Senior Secured Notes, 8.500% due 2/1/26(b)(h)
|
| | | | 8,107,090 | | |
| | | | | | | JPMorgan Chase & Co., Junior Subordinated Notes: | | | | | | | |
| | | 1,565,000 | | | |
3.650% (5-Year CMT Index + 2.850%)(c)(e)
|
| | | | 1,455,307 | | |
| | | 500,000 | | | |
5.000% (3-Month TSFR + 3.380%)(c)(e)
|
| | | | 497,178 | | |
| | | 200,000 | | | |
6.100% (3-Month TSFR + 3.592%)(c)(e)
|
| | | | 199,777 | | |
| | | 1,355,000 | | | |
9.348% (3-Month TSFR + 4.042%)(c)(e)
|
| | | | 1,362,413 | | |
| | | 280,000 | | | |
KeyCorp, Junior Subordinated Notes, 5.000% (3-Month TSFR + 3.868%)(c)(e)
|
| | | | 238,566 | | |
| | | 1,655,000 | | | |
Land O’ Lakes Inc., Junior Subordinated Notes, 7.250%(b)(e)
|
| | | | 1,328,137 | | |
| | | 7,109,000 | | | |
Leafly Holdings Inc., Senior Unsecured Notes, 8.000% due 1/31/25(a)(d)
|
| | | | 6,042,650 | | |
| | | | | | | M&T Bank Corp., Junior Subordinated Notes: | | | | | | | |
| | | 170,000 | | | |
3.500% (5-Year CMT Index + 2.679%)(c)(e)
|
| | | | 127,500 | | |
| | | 655,000 | | | |
5.125% (3-Month USD-SOFR + 3.520%)(c)(e)
|
| | | | 572,306 | | |
| | | 825,000 | | | |
Markel Group Inc., Junior Subordinated Notes, 6.000% (5-Year CMT Index +
5.662%)(c)(e) |
| | | | 819,412 | | |
| | | 3,572,000 | | | |
Match Group Financeco 2, Inc., Company Guaranteed Notes, 0.875% due
6/15/26(b) |
| | | | 3,233,442 | | |
|
Face Amount/Units†
|
| |
Security
|
| |
Value
|
| ||||||
| CORPORATE BONDS & NOTES – (continued) | | ||||||||||||
| United States – (continued) | | ||||||||||||
| | $ | 1,700,000 | | | |
Mercury Chile Holdco LLC, Senior Secured Notes, 6.500% due 1/24/27(b)
|
| | | $ | 1,588,497 | | |
| | | | | | | MetLife Inc., Junior Subordinated Notes: | | | | | | | |
| | | 300,000 | | | |
3.850% (5-Year CMT Index + 3.576%)(c)(e)
|
| | | | 286,696 | | |
| | | 885,000 | | | |
5.875% (3-Month TSFR + 3.221%)(c)(e)
|
| | | | 875,838 | | |
| | | 330,000 | | | |
Paramount Global, Junior Subordinated Notes, 6.375% (5-Year CMT Index +
3.999%) due 3/30/62(c) |
| | | | 286,275 | | |
| | | 195,000 | | | |
PartnerRe Finance B LLC, Company Guaranteed Notes, 4.500% (5-Year CMT
Index + 3.815%) due 10/1/50(c) |
| | | | 173,854 | | |
| | | | | | | PNC Financial Services Group Inc., Junior Subordinated Notes: | | | | | | | |
| | | 447,000 | | | |
5.000% (3-Month TSFR + 3.562%)(c)(e)
|
| | | | 423,914 | | |
| | | 500,000 | | | |
6.000% (5-Year CMT Index + 3.000%)(c)(e)
|
| | | | 483,103 | | |
| | | 400,000 | | | |
6.200% (5-Year CMT Index + 3.238%)(c)(e)
|
| | | | 393,578 | | |
| | | 865,000 | | | |
6.250% (5-Year CMT Index + 2.808%)(c)(e)
|
| | | | 816,405 | | |
| | | 400,000 | | | |
8.643% (3-Month TSFR + 3.302%)(c)(e)
|
| | | | 401,429 | | |
| | | 3,709,991 | | | |
ProSomnus Holdings Inc., 9.000% due 4/6/26(a)(d)
|
| | | | 3,188,529 | | |
| | | 330,000 | | | |
Provident Financing Trust I, Limited Guaranteed Notes, 7.405% due 3/15/38
|
| | | | 361,940 | | |
| | | 895,000 | | | |
Prudential Financial Inc., Junior Subordinated Notes, 5.125% (5-Year CMT
Index + 3.162%) due 3/1/52(c) |
| | | | 836,680 | | |
| | | 400,000 | | | |
Regions Financial Corp., Junior Subordinated Notes, 5.750% (5-Year CMT
Index + 5.430%)(c)(e) |
| | | | 388,926 | | |
| | | | | | | Sasol Financing USA LLC, Company Guaranteed Notes: | | | | | | | |
| | | 2,700,000 | | | |
4.375% due 9/18/26
|
| | | | 2,520,992 | | |
| | | 2,800,000 | | | |
5.500% due 3/18/31
|
| | | | 2,331,068 | | |
| | | | | | | SBL Holdings Inc., Junior Subordinated Notes: | | | | | | | |
| | | 1,195,000 | | | |
6.500% (5-Year CMT Index + 5.620%)(b)(c)(e)
|
| | | | 840,127 | | |
| | | 845,000 | | | |
7.000% (5-Year CMT Index + 5.580%)(b)(c)(e)
|
| | | | 618,962 | | |
| | | | | | | Sempra, Junior Subordinated Notes: | | | | | | | |
| | | 510,000 | | | |
4.875% (5-Year CMT Index + 4.550%)(c)(e)
|
| | | | 499,267 | | |
| | | 230,000 | | | |
4.125% (5-Year CMT Index + 2.868%) due 4/1/52(c)
|
| | | | 211,018 | | |
| | | 520,000 | | | |
Southern Co., Junior Subordinated Notes, 4.000% (5-Year CMT Index + 3.733%)
due 1/15/51(c) |
| | | | 499,362 | | |
| | | 565,000 | | | |
State Street Corp., Junior Subordinated Notes, 6.700% (5-Year CMT Index +
2.613%)(c)(e) |
| | | | 563,471 | | |
| | | 9,600,000 | | | |
Summit Midstream Holdings LLC/Summit Midstream Finance Corp., Secured
Notes, 9.000% due 10/15/26(b) |
| | | | 9,497,489 | | |
| | | 9,320,000 | | | |
Tenet Healthcare Corp., Senior Secured Notes, 4.875% due 1/1/26
|
| | | | 9,310,366 | | |
| | | 8,518,000 | | | |
TPC Group Inc., Senior Secured Notes, 13.000% due 12/16/27(b)
|
| | | | 8,681,967 | | |
| | | | | | | Truist Financial Corp., Junior Subordinated Notes: | | | | | | | |
| | | 810,000 | | | |
4.800% (5-Year CMT Index + 3.003%)(c)(e)
|
| | | | 766,275 | | |
| | | 1,655,000 | | | |
5.100% (5-Year CMT Index + 4.349%)(c)(e)
|
| | | | 1,509,276 | | |
|
Face Amount/Units†
|
| |
Security
|
| |
Value
|
| ||||||
| CORPORATE BONDS & NOTES – (continued) | | ||||||||||||
| United States – (continued) | | ||||||||||||
| | $ | 275,000 | | | |
8.748% (3-Month TSFR + 3.364%)(c)(e)
|
| | | $ | 276,905 | | |
| | | 3,246,000 | | | |
Uber Technologies Inc., Company Guaranteed Notes, 8.000% due 11/1/26(b)
|
| | | | 3,303,117 | | |
| | | 975,000 | | | |
United Natural Foods Inc., Company Guaranteed Notes, 6.750% due
10/15/28(b) |
| | | | 811,912 | | |
| | | 7,295,000 | | | |
UpHealth Inc., Senior Unsecured Notes, 6.250% due 6/15/26(b)
|
| | | | 5,471,250 | | |
| | | | | | | Vistra Corp., Junior Subordinated Notes: | | | | | | | |
| | | 205,000 | | | |
7.000% (5-Year CMT Index + 5.740%)(b)(c)(e)
|
| | | | 198,338 | | |
| | | 120,000 | | | |
8.000% (5-Year CMT Index + 6.930%)(b)(c)(e)
|
| | | | 120,000 | | |
| | | 380,000 | | | |
8.875% (5-Year CMT Index + 5.045%)(b)(c)(e)
|
| | | | 386,545 | | |
| | | 500,000 | | | |
Voya Financial Inc., Junior Subordinated Notes, 7.758% (5-Year CMT Index +
3.358%)(c)(e) |
| | | | 511,407 | | |
| | | | | | | Wells Fargo & Co., Junior Subordinated Notes: | | | | | | | |
| | | 1,290,000 | | | |
3.900% (5-Year CMT Index + 3.453%)(c)(e)
|
| | | | 1,213,815 | | |
| | | 1,470,000 | | | |
5.875%(c)(e)
|
| | | | 1,469,074 | | |
| | | 975,000 | | | |
7.625% (5-Year CMT Index + 3.606%)(c)(e)
|
| | | | 1,031,676 | | |
| | | 3,708,000 | | | |
WESCO Distribution Inc., Company Guaranteed Notes, 7.125% due 6/15/25(b)
|
| | | | 3,730,155 | | |
| | | 3,479,000 | | | |
XPO Inc., Senior Secured Notes, 6.250% due 6/1/28(b)
|
| | | | 3,486,824 | | |
| | | 2,739,000 | | | |
Ziff Davis Inc., Company Guaranteed Notes, 4.625% due 10/15/30(b)
|
| | | | 2,456,332 | | |
| | | | | | |
Total United States
|
| | | | 175,393,334 | | |
| | | | | | |
TOTAL CORPORATE BONDS & NOTES
(Cost – 581,781,640) |
| | |
|
570,243,394
|
| |
| SENIOR LOANS(c) – 8.8% | | ||||||||||||
| | | 3,741,210 | | | |
American Greetings Corp., 11.326% (1-Month USD-SOFR + 6.000%) due
4/6/28 |
| | | | 3,742,145 | | |
| | | 1,652,000 | | | |
Audacy Capital Corp., due 11/18/24(g)(i)
|
| | | | 904,470 | | |
| | | 3,660,299 | | | |
Carrols Restaurant Group Inc., 8.676% (1-Month USD-SOFR + 3.250%) due
4/30/26 |
| | | | 3,660,885 | | |
| | | 9,259,066 | | | |
Cengage Learning Inc., 10.326% (3-Month USD-SOFR + 4.750%) due
7/14/26 |
| | | | 9,253,325 | | |
| | | 765,023 | | | |
Chefs’ Warehouse Inc., 10.176% (1-Month USD-SOFR + 4.750%) due
8/23/29 |
| | | | 764,548 | | |
| | | 6,160,718 | | | |
Chobani LLC, 8.941% (1-Month USD-SOFR + 3.500%) due 10/25/27
|
| | | | 6,165,092 | | |
| | | 1,365,242 | | | |
Container Store Inc., 10.610% (3-Month USD-SOFR + 5.000%) due 1/31/26
|
| | | | 1,235,544 | | |
| | | 6,373,000 | | | |
DS Parent Inc., 10.813% (3-Month USD-SOFR + 5.500%) due 1/31/31
|
| | | | 6,245,540 | | |
| | | 335,844 | | | |
Elevate Textiles Inc., 13.980% (3-Month USD-SOFR + 8.500%) due 9/30/27
|
| | | | 332,485 | | |
| | | 699,776 | | | |
First Brands Group LLC, 10.574% (3-Month USD-SOFR + 5.000%) due
3/30/27 |
| | | | 700,357 | | |
| | | 994,453 | | | |
GemmaCert Ltd., 9.000% due 5/19/24(a)(d)
|
| | | | 159,610 | | |
| | | 3,345,525 | | | |
Getty Images Inc., 9.948% (3-Month USD-SOFR + 4.500%) due 2/19/26
|
| | | | 3,338,198 | | |
| | | 4,876,000 | | | |
HighPeak Energy Inc., 12.998% (3-Month USD-SOFR + 7.500%) due 9/30/26
|
| | | | 4,851,620 | | |
|
Face Amount/Units†
|
| |
Security
|
| |
Value
|
| ||||||
| SENIOR LOANS(c) – (continued) | | ||||||||||||
| | $ | 8,132,955 | | | |
Inotiv Inc., 12.327% (3-Month USD-SOFR + 6.750%) due 11/5/26
|
| | | $ | 7,807,637 | | |
| | | 2,890,000 | | | |
Magnite Inc., 9.787% (1-Month USD-SOFR + 4.500%) due 2/6/31
|
| | | | 2,882,775 | | |
| | | 7,843,448 | | | |
Mountaineer Merger Corp., 12.568% (3-Month USD-SOFR + 7.000%) due
10/26/28 |
| | | | 6,108,085 | | |
| | | 10,105,760 | | | |
NAI Entertainment Holdings LLC, 8.434% (1-Month USD-SOFR + 3.000%) due
5/8/25 |
| | | | 10,026,834 | | |
| | | 3,929,000 | | | |
Trulite Holding Corp., due 3/1/30(i)
|
| | | | 3,860,243 | | |
| | | | | | |
TOTAL SENIOR LOANS
(Cost – $73,520,720) |
| | |
|
72,039,393
|
| |
| SOVEREIGN BONDS – 0.6% | | ||||||||||||
| Colombia – 0.6% | | ||||||||||||
| | | 4,900,000 | | | |
Colombia Government International Bond, 4.500% due 1/28/26
|
| | | | 4,766,860 | | |
| Ukraine – 0.0% | | ||||||||||||
| | | 1,800,000 | | | |
Ukraine Government International Bond, 9.750% due 11/1/30(d)
|
| | | | 531,813 | | |
| | | | | | |
TOTAL SOVEREIGN BONDS
(Cost – $5,959,881) |
| | |
|
5,298,673
|
| |
| COLLATERALIZED MORTGAGE OBLIGATIONS – 0.1% | | ||||||||||||
| | | 871,831 | | | |
Credit Suisse Mortgage Capital Certificates, Series 2019-ICE4, Class D, 6.965%
due 5/15/36(b)(c) |
| | | | 871,436 | | |
| | | | | | |
TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS
(Cost – $862,961) |
| | |
|
871,436
|
| |
|
Shares/Units
|
| | | | | | | | | | |||
| EXCHANGE TRADED FUND (ETF) – 11.4% | | ||||||||||||
| United States – 11.4% | | ||||||||||||
| | | 2,643,669 | | | |
Xtrackers USD High Yield Corporate Bond
(Cost – $91,795,655) |
| | | | 93,850,250 | | |
| PREFERRED STOCKS – 3.1% | | ||||||||||||
| Bermuda – 0.2% | | ||||||||||||
| | | 49,296 | | | |
Aspen Insurance Holdings Ltd., 5.625%(e)
|
| | | | 1,059,864 | | |
| | | 10,445 | | | |
Axis Capital Holdings Ltd., 5.500%(e)
|
| | | | 229,372 | | |
| | | 30,038 | | | |
Enstar Group Ltd., 7.000% (3-Month USD-SOFR + 4.015%)(c)(e)
|
| | | | 762,365 | | |
| | | | | | |
Total Bermuda
|
| | | | 2,051,601 | | |
| United Kingdom – 0.0% | | ||||||||||||
| | | 4,046 | | | |
Argo Blockchain PLC, 8.750%
|
| | | | 36,576 | | |
| United States – 2.9% | | ||||||||||||
| | | 18,819 | | | |
Air Lease Corp., 6.150% (3-Month TSFR + 3.912%)(c)(e)
|
| | | | 475,180 | | |
| | | | | | | American Equity Investment Life Holding Co.: | | | | | | | |
| | | 26,165 | | | |
5.950% (5-Year CMT Index + 4.322%)(c)(e)
|
| | | | 622,988 | | |
| | | 60,435 | | | |
6.625% (5-Year CMT Index + 6.297%)(c)(e)
|
| | | | 1,527,797 | | |
| | | 8,130 | | | |
Assurant Inc., 5.250%
|
| | | | 173,738 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| PREFERRED STOCKS – (continued) | | ||||||||||||
| United States – (continued) | | ||||||||||||
| | | 21,565 | | | |
AT&T Inc., 4.750%(e)
|
| | | $ | 447,905 | | |
| | | | | | | Athene Holding Ltd.: | | | | | | | |
| | | 25,555 | | | |
6.350% (3-Month USD-LIBOR + 4.253%)(c)(e)
|
| | | | 629,164 | | |
| | | 22,269 | | | |
6.375% (5-Year CMT Index + 5.970%)(c)(e)
|
| | | | 558,061 | | |
| | | 204,660 | | | |
Bitcoin Depot Inc.*(a)(d)
|
| | | | 491,184 | | |
| | | 2,850 | | | |
CoBank ACB, 6.200% (3-Month USD-SOFR + 3.744%)(c)(e)
|
| | | | 282,150 | | |
| | | 1,000 | | | |
Dairy Farmers of America Inc., 7.875%(b)(d)(e)
|
| | | | 95,500 | | |
| | | 18,271 | | | |
Equitable Holdings Inc., 5.250%(e)
|
| | | | 416,944 | | |
| | | 11,970 | | | |
Farm Credit Bank of Texas, 9.656% (3-Month USD-SOFR + 4.010%)(b)(c)(e)
|
| | | | 1,192,103 | | |
| | | 201,399 | | | |
Fossil Group Inc., 7.000%
|
| | | | 2,271,781 | | |
| | | | | | | KeyCorp: | | | | | | | |
| | | 14,085 | | | |
6.125% (3-Month TSFR +4.154%)(c)(e)
|
| | | | 331,138 | | |
| | | 29,270 | | | |
6.200% (5-Year CMT Index +3.132%)(c)(e)
|
| | | | 668,820 | | |
| | | | | | | Morgan Stanley: | | | | | | | |
| | | 34,425 | | | |
5.850%(c)(e)
|
| | | | 867,166 | | |
| | | 15,700 | | | |
6.375%(c)(e)
|
| | | | 394,541 | | |
| | | 10,000 | | | |
6.500%(e)
|
| | | | 261,300 | | |
| | | 27,998 | | | |
New York Community Bancorp Inc., 6.375% (3-Month USD-SOFR +
3.821%)(c)(e) |
| | | | 533,362 | | |
| | | 157,230 | | | |
NGL Energy Partners LP, 12.816% (3-Month USD-SOFR + 7.213%)(c)(e)
|
| | | | 4,528,224 | | |
| | | 7,100 | | | |
NiSource Inc., 6.500% (5-Year CMT Index + 3.632%)(c)(e)
|
| | | | 177,216 | | |
| | | | | | | NuStar Energy LP: | | | | | | | |
| | | 35,146 | | | |
11.282% (3-Month TSFR +5.905%)(c)(e)
|
| | | | 893,411 | | |
| | | 21,505 | | | |
12.405% (3-Month TSFR +7.028%)(c)(e)
|
| | | | 545,367 | | |
| | | 17,478 | | | |
NuStar Logistics LP, 12.310% (3-Month TSFR + 6.996%)(c)
|
| | | | 454,952 | | |
| | | 28,836 | | | |
Regions Financial Corp., 5.700% (3-Month USD-SOFR + 3.148%)(c)(e)
|
| | | | 669,284 | | |
| | | | | | | Reinsurance Group of America Inc.: | | | | | | | |
| | | 15,000 | | | |
5.750% (3-Month USD-LIBOR +4.040%)(c)
|
| | | | 376,350 | | |
| | | 14,425 | | | |
7.125% (5-Year CMT Index +3.456%)(c)
|
| | | | 377,647 | | |
| | | 43,599 | | | |
Saratoga Investment Corp., 6.000%
|
| | | | 1,040,708 | | |
| | | 12,635 | | | |
Selective Insurance Group Inc., 4.600%(e)
|
| | | | 233,242 | | |
| | | 25,945 | | | |
Synchrony Financial, 5.625%(e)
|
| | | | 486,728 | | |
| | | 13,953 | | | |
Synovus Financial Corp., 5.875% (5-Year CMT Index + 4.127%)(c)(e)
|
| | | | 350,220 | | |
| | | 30,380 | | | |
Voya Financial Inc., 5.350% (5-Year CMT Index + 3.210%)(c)(e)
|
| | | | 756,766 | | |
| | | 7,160 | | | |
Western Alliance Bancorp, 4.250% (5-Year CMT Index + 3.452%)(c)(e)
|
| | | | 125,873 | | |
| | | 13,366 | | | |
Wintrust Financial Corp., 6.875% (5-Year CMT Index + 6.507%)(c)(e)
|
| | | | 336,021 | | |
| | | | | | |
Total United States
|
| | | | 23,592,831 | | |
| | | | | | |
TOTAL PREFERRED STOCKS
(Cost – $27,938,247) |
| | |
|
25,681,008
|
| |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – 1.0% | | ||||||||||||
| United States – 1.0% | | ||||||||||||
| | | 15,560 | | | |
Alpha Partners Technology*(a)(d)
|
| | | $ | 2,673 | | |
| | | 22,982 | | | |
Berenson Acquisition Corp. I*(a)(d)
|
| | | | — | | |
| | | 147,356 | | | |
Bitcoin Depot Inc.*(j)
|
| | | | 353,654 | | |
| | | 183,721 | | | |
CTO Realty Growth Inc.
|
| | | | 3,132,443 | | |
| | | 22,600 | | | |
EchoStar Corp., Class A Shares*
|
| | | | 296,286 | | |
| | | 5,813 | | | |
QuarterNorth Energy Inc.*(a)(d)
|
| | | | 988,210 | | |
| | | 57 | | | |
Real Alloy Holding Inc.*(a)(d)
|
| | | | 2,806,368 | | |
| | | 10,650 | | | |
Revelstone Capital Acquisition Corp.*(a)(d)
|
| | | | 26 | | |
| | | 238,311 | | | |
UpHealth Inc.*(d)
|
| | | | 92,965 | | |
| | | 8,800 | | | |
Warner Bros Discovery Inc.*
|
| | | | 77,352 | | |
| | | | | | |
Total United States
|
| | | | 7,749,977 | | |
| | | | | | |
TOTAL COMMON STOCKS
(Cost – $7,827,592) |
| | |
|
7,749,977
|
| |
| EQUITY LINKED NOTES – 0.0% | | ||||||||||||
| United States – 0.0% | | ||||||||||||
| | | 21,346 | | | |
Legato Merger Corp.*(a)(d)
(Cost – $0) |
| | | | 97,338 | | |
| WARRANTS – 0.0% | | ||||||||||||
| Bermuda – 0.0% | | ||||||||||||
| | | 558,670 | | | |
McDermott International Ltd.*(a)(d)
|
| | | | — | | |
| | | 502,803 | | | |
WT PUR COM*(a)(d)
|
| | | | — | | |
| | | | | | |
Total Bermuda
|
| | | | — | | |
| Brazil – 0.0% | | ||||||||||||
| | | 58,463 | | | |
OAS SA*(a)(d)
|
| | | | — | | |
| Canada – 0.0% | | ||||||||||||
| | | 29,147,860 | | | |
Tacora Resources Inc.*(a)
|
| | | | — | | |
| Israel – 0.0% | | ||||||||||||
| | | 41,956 | | | |
GemmaCert Ltd.*(a)(d)
|
| | | | — | | |
| United States – 0.0% | | ||||||||||||
| | | 36,249 | | | |
Leafly Holdings Inc.*(d)
|
| | | | 921 | | |
| | | 82,695 | | | |
ProSomnus Inc.*(d)
|
| | | | 1,654 | | |
| | | 226,500 | | | |
Screaming Eagle Acquisition Corp.*(d)
|
| | | | 105,141 | | |
| | | | | | |
Total United States
|
| | | | 107,716 | | |
| | | | | | |
TOTAL WARRANTS
(Cost – $467,835) |
| | |
|
107,716
|
| |
| | | | | | |
TOTAL INVESTMENTS BEFORE SHORT-TERM INVESTMENTS
(Cost – $790,154,531) |
| | |
|
775,939,185
|
| |
|
Face Amount†
|
| |
Security
|
| |
Value
|
| ||||||
| SHORT-TERM INVESTMENTS – 7.2% | | ||||||||||||
| COMMERCIAL PAPERS – 1.1% | | ||||||||||||
| | $ | 3,151,000 | | | |
VF Corp., 6.485% due 7/24/24(k)
|
| | | $ | 3,082,317 | | |
| | | 5,800,000 | | | |
Walgreens Boots Alliance Inc., 6.502% due 4/15/24(k)
|
| | | | 5,754,226 | | |
| | | | | | |
TOTAL COMMERCIAL PAPERS
(Cost – $8,824,281) |
| | |
|
8,836,543
|
| |
| CORPORATE NOTE – 0.3% | | ||||||||||||
| | | 2,165,123 | | | |
Tacora Resources Inc., 13.000% due 11/3/23(a)(b)(d)(g)
(Cost – $2,165,713) |
| | | | 2,165,123 | | |
| TIME DEPOSITS – 5.8% | | ||||||||||||
| | | 4,506,800 | | | |
ANZ National Bank – London, 4.680% due 3/1/24
|
| | | | 4,506,800 | | |
| | | 117EUR | | | |
Citibank – London, 2.820% due 3/1/24
|
| | | | 126 | | |
| | | 15,754,028 | | | |
Citibank – New York, 4.680% due 3/1/24
|
| | | | 15,754,028 | | |
| | | 23,064,155 | | | |
JPMorgan Chase & Co. – New York, 4.680% due 3/1/24
|
| | | | 23,064,155 | | |
| | | 4,176,033 | | | |
Skandinaviska Enskilda Banken AB – Stockholm, 4.680% due 3/1/24
|
| | | | 4,176,033 | | |
| | | | | | |
TOTAL TIME DEPOSITS
(Cost – $47,501,142) |
| | |
|
47,501,142
|
| |
| | | | | | |
TOTAL SHORT-TERM INVESTMENTS
(Cost – $58,491,136) |
| | |
|
58,502,808
|
| |
|
Shares/Units
|
| | | | | | | | | | |||
| INVESTMENTS PURCHASED WITH CASH PROCEEDS FROM SECURITIES LENDING – 0.0% | | ||||||||||||
| MONEY MARKET FUND – 0.0% | | ||||||||||||
| | | 392,687 | | | |
Federated Government Obligations Fund, Premier Class, 5.162%(l)
(Cost – $392,687) |
| | | | 392,687 | | |
| | | | | | |
TOTAL INVESTMENTS – 101.5%
(Cost – $849,038,354) |
| | | | 834,834,680 | | |
| | | | | | |
Liabilities in Excess of Other Assets – (1.5)%
|
| | | | (12,062,478) | | |
| | | | | | |
TOTAL NET ASSETS – 100.0%
|
| | | $ | 822,772,202 | | |
CMT |
— |
Constant Maturity Treasury Index |
ETF |
— |
Exchange Traded Fund |
EURIBOR |
— |
Euro Interbank Offered Rate |
ICE |
— |
Intercontinental Exchange |
LIBOR |
— |
London Interbank Offered Rate |
LLC |
— |
Limited Liability Company |
LP |
— |
Limited Partnership |
NIBOR |
— |
Norwegian Interbank Offered Rate |
PLC |
— |
Public Limited Company |
SOFR |
— |
Secured Overnight Financing Rate |
STIBOR |
— |
Stockholm Interbank Offered Rate |
TSFR |
— |
CME Term SOFR Reference Rate |
|
Corporate Bonds & Notes
|
| | | | 68.3% | | |
|
Exchange Traded Fund (ETF)
|
| | | | 11.3 | | |
|
Senior Loans
|
| | | | 8.6 | | |
|
Preferred Stocks
|
| | | | 3.1 | | |
|
Common Stocks
|
| | | | 0.9 | | |
|
Sovereign Bonds
|
| | | | 0.6 | | |
|
Collateralized Mortgage Obligations
|
| | | | 0.1 | | |
|
Equity Linked Notes
|
| | | | 0.0* | | |
|
Warrants
|
| | | | 0.0* | | |
|
Short-Term Investments
|
| | | | 7.1 | | |
|
Money Market Fund
|
| | | | 0.0* | | |
| | | | | | 100.0% | | |
|
Number of
Contracts |
| |
Notional
Amount |
| |
Security Name
|
| |
Counterparty
|
| |
Expiration
Date |
| |
Exercise
Rate |
| |
Value
|
| |||||||||||||||
|
113
|
| | | $ | 148,143 | | | |
EchoStar Corp., Call
|
| | | | BNP | | | | | | 12/20/24 | | | | | $ | 25.00 | | | | | $ | (12,430) | | |
|
113
|
| | | | 148,143 | | | |
EchoStar Corp., Put
|
| | | | BNP | | | | | | 12/20/24 | | | | | | 12.50 | | | | | | (36,725) | | |
|
238
|
| | | | 1,945,412 | | | |
iShares 1-3 Year Treasury Bond, Call
|
| | | | BNP | | | | | | 6/21/24 | | | | | | 82.00 | | | | | | (11,900) | | |
|
238
|
| | | | 1,945,412 | | | |
iShares 1-3 Year Treasury Bond, Call
|
| | | | BNP | | | | | | 6/21/24 | | | | | | 84.00 | | | | | | (4,760) | | |
|
217
|
| | | | 1,678,061 | | | |
iShares iBoxx HighYield, Call
|
| | | | BNP | | | | | | 3/15/24 | | | | | | 77.00 | | | | | | (7,595) | | |
|
447
|
| | | | 3,456,651 | | | |
iShares iBoxx HighYield, Call
|
| | | | BNP | | | | | | 4/19/24 | | | | | | 77.00 | | | | | | (30,843) | | |
|
132
|
| | | | 116,028 | | | |
OTC Warner Bros Discovery Inc., Put
|
| | | | BNP | | | | | | 4/19/24 | | | | | | 10.00 | | | | | | (18,348) | | |
| | | | | | | | | |
TOTAL OPTIONS CONTRACTS WRITTEN
|
| | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | |
(Premiums received – $151,174)
|
| | | | | | | | | | | | | | | | | | | | | $ | (122,601) | | |
Foreign Currency
|
| |
Local
Currency |
| |
Counterparty
|
| |
Market
Value |
| |
Settlement
Date |
| |
Unrealized
Appreciation |
| |
Unrealized
(Depreciation) |
| |
Unrealized
Appreciation/ (Depreciation) |
| |||||||||||||||||||||
Contracts to Buy: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Euro
|
| | | | 1,530,000 | | | | | | BBH | | | | | $ | 1,654,358 | | | | | | 3/15/24 | | | | | $ | 6,311 | | | | | $ | — | | | | | $ | 6,311 | | |
Euro
|
| | | | 102,750 | | | | | | BBH | | | | | | 111,102 | | | | | | 3/15/24 | | | | | | — | | | | | | (342) | | | | | | (342) | | |
Euro
|
| | | | 410,000 | | | | | | BBH | | | | | | 443,325 | | | | | | 3/15/24 | | | | | | — | | | | | | (865) | | | | | | (865) | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | $ | 6,311 | | | | | $ | (1,207) | | | | | $ | 5,104 | | |
Contracts to Sell: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Euro
|
| | | | 38,350,000 | | | | | | BBH | | | | | | 41,467,080 | | | | | | 3/15/24 | | | | | $ | — | | | | | $ | (123,863) | | | | | $ | (123,863) | | |
Euro
|
| | | | 475,000,000 | | | | | | BBH | | | | | | 513,608 | | | | | | 3/15/24 | | | | | | 1,351 | | | | | | — | | | | | | 1,351 | | |
Euro
|
| | | | 1,585,000 | | | | | | BBH | | | | | | 1,713,828 | | | | | | 3/15/24 | | | | | | 7,643 | | | | | | — | | | | | | 7,643 | | |
Norwegian Krone
|
| | | | 75,420,000 | | | | | | BBH | | | | | | 7,104,242 | | | | | | 3/15/24 | | | | | | 78,116 | | | | | | — | | | | | | 78,116 | | |
Swedish Krona
|
| | | | 99,075,000 | | | | | | BBH | | | | | | 9,562,146 | | | | | | 3/15/24 | | | | | | — | | | | | | (52,008) | | | | | | (52,008) | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | $ | 87,110 | | | | | $ | (175,871) | | | | | $ | (88,761) | | |
Net Unrealized Depreciation on Open Forward Foreign Currency Contracts | | | | $ | 93,421 | | | | | $ | (177,078) | | | | | $ | (83,657) | | |
EUR |
— |
Euro |
NOK |
— |
Norwegian Krone |
SEK |
— |
Swedish Krona |
BBH |
— |
Brown Brothers Harriman & Co. |
BNP |
— |
BNP Paribas SA |
|
Face Amount†
|
| |
Security
|
| |
Value
|
| ||||||
| SECURITIES SOLD SHORT – 1.1% | | ||||||||||||
| CORPORATE BONDS & NOTES – 1.1% | | ||||||||||||
| Basic Materials – 0.1% | | ||||||||||||
| | $ | 906,000 | | | |
SK Invictus Intermediate II SARL, Senior Secured Notes, 5.000% due
10/30/29(a) |
| | | $ | 769,191 | | |
| Communications – 0.5% | | ||||||||||||
| | | 3,333,000 | | | |
CCO Holdings LLC/CCO Holdings Capital Corp., Senior Unsecured Notes,
4.750% due 3/1/30(a) |
| | | | 2,835,333 | | |
| | | 1,340,000 | | | |
Frontier Communications Holdings LLC, Secured Notes, 6.000% due
1/15/30(a) |
| | | | 1,145,693 | | |
| | | | | | |
Total Communications
|
| | | | 3,981,026 | | |
| Consumer Non-cyclical – 0.1% | | ||||||||||||
| | | 1,000,000 | | | |
Integra LifeSciences Holdings Corp., Senior Unsecured Notes, 0.500% due
8/15/25 |
| | | | 944,500 | | |
| Industrial – 0.2% | | ||||||||||||
| | | 1,981,000 | | | |
Likewize Corp., Senior Secured Notes, 9.750% due 10/15/25(a)
|
| | | | 2,015,816 | | |
| Technology – 0.2% | | ||||||||||||
| | | 1,428,000 | | | |
Concentrix Corp., Senior Unsecured Notes, 6.850% due 8/2/33
|
| | | | 1,396,294 | | |
| | | | | | |
TOTAL CORPORATE BONDS & NOTES
(Proceeds – $9,032,970) |
| | |
|
9,106,827
|
| |
| | | | | | |
TOTAL SECURITIES SOLD SHORT – 1.1%
(Proceeds – $9,032,970) |
| | | $ | 9,106,827 | | |
|
Face Amount/Units
|
| |
Rating††
|
| |
Security
|
| |
Value
|
| ||||||
| MUNICIPAL BONDS – 89.5% | | |||||||||||||||
| Alabama – 1.2% | | |||||||||||||||
| | $ | 1,500,000 | | | | BB- | | |
Hoover Industrial Development Board, Revenue Bonds, 5.750% due
10/1/49(a) |
| | | $ | 1,548,931 | | |
| | | 2,540,000 | | | | A2(b) | | |
Lower Alabama Gas District, Revenue Bonds, 4.000% due 12/1/50(c)
|
| | | | 2,545,949 | | |
| | | | | | | | | | Mobile County Board of School Commissioners, Special Tax: | | | | | | | |
| | | 260,000 | | | | A | | |
5.000% due 3/1/28
|
| | | | 270,417 | | |
| | | 175,000 | | | | A | | |
5.000% due 3/1/29
|
| | | | 181,842 | | |
| | | 180,000 | | | | A | | |
5.000% due 3/1/30
|
| | | | 186,591 | | |
| | | 185,000 | | | | A | | |
5.000% due 3/1/31
|
| | | | 191,569 | | |
| | | 145,000 | | | | A | | |
5.000% due 3/1/32
|
| | | | 150,120 | | |
| | | 215,000 | | | | A | | |
5.000% due 3/1/33
|
| | | | 222,557 | | |
| | | 3,500,000 | | | | A1(b) | | |
Southeast Alabama Gas Supply District, Revenue Bonds, Series A, 4.000%
due 6/1/49(c) |
| | | | 3,501,948 | | |
| | | 1,500,000 | | | | NR | | |
Tuscaloosa County Industrial Development Authority, Revenue Bonds,
Series A, 5.250% due 5/1/44(d) |
| | | | 1,488,832 | | |
| | | | | | | | | |
Total Alabama
|
| | | | 10,288,756 | | |
| Alaska – 0.1% | | |||||||||||||||
| | | 1,000,000 | | | | AA+ | | |
Alaska Housing Finance Corp., Revenue Bonds, Series A, 5.000% due
6/1/30 |
| | | | 1,061,172 | | |
| | | 215,000 | | | | AA- | | |
State of Alaska, GO, Series A, 5.000% due 8/1/33
|
| | | | 219,916 | | |
| | | | | | | | | |
Total Alaska
|
| | | | 1,281,088 | | |
| Arizona – 2.8% | | |||||||||||||||
| | | 5,000,000 | | | | AA+ | | |
Arizona Department of Transportation State Highway Fund Revenue,
Revenue Bonds, 5.000% due 7/1/27 |
| | | | 5,243,326 | | |
| | | 1,695,000 | | | | BB- | | |
Arizona Industrial Development Authority, Revenue Bonds, 5.000% due
7/1/49(d) |
| | | | 1,513,633 | | |
| | | 2,000,000 | | | | AA | | |
Arizona State University, Revenue Bonds, Series A, 5.000% due 7/1/39
|
| | | | 2,171,311 | | |
| | | | | | | | | | City of Glendale AZ, Revenue Bonds: | | | | | | | |
| | | 230,000 | | | | AA+ | | |
Series A, 5.000% due 7/1/27
|
| | | | 235,686 | | |
| | | 215,000 | | | | AA+ | | |
Series A, 5.000% due 7/1/28
|
| | | | 219,893 | | |
| | | 235,000 | | | | AA+ | | |
Series A, 5.000% due 7/1/29
|
| | | | 240,286 | | |
| | | 85,000 | | | | AA+ | | |
City of Glendale AZ Excise Tax Revenue, Revenue Bonds, Series A, 5.000%
due 7/1/32 |
| | | | 90,675 | | |
| | | 105,000 | | | | AA+ | | |
City of Glendale AZ Transportation Excise Tax Revenue, Revenue Bonds,
AGM-Insured, 5.000% due 7/1/26 |
| | | | 107,637 | | |
| | | | | | | | | | City of Phoenix Civic Improvement Corp., Revenue Bonds: | | | | | | | |
| | | 65,000 | | | | AA- | | |
Series A, 5.000% due 7/1/27(a)
|
| | | | 68,512 | | |
| | | 90,000 | | | | AA- | | |
Series A, 5.000% due 7/1/28(a)
|
| | | | 94,610 | | |
| | | 6,365,000 | | | | AAA | | |
Series B, 4.000% due 7/1/29
|
| | | | 6,376,671 | | |
|
Face Amount/Units
|
| |
Rating††
|
| |
Security
|
| |
Value
|
| ||||||
| MUNICIPAL BONDS – (continued) | | |||||||||||||||
| Arizona – (continued) | | |||||||||||||||
| | | | | | | | | | Maricopa County Industrial Development Authority, Revenue Bonds: | | | | | | | |
| | $ | 225,000 | | | | AA- | | |
Series A, 5.000% due 1/1/25
|
| | | $ | 228,109 | | |
| | | 1,000,000 | | | | NR | | |
Series A, 6.250% due 7/1/44(d)
|
| | | | 1,024,051 | | |
| | | 735,000 | | | | A2(b) | | |
Series B, 5.000% due 9/1/45(c)
|
| | | | 739,597 | | |
| | | 290,000 | | | | AA- | | |
Series C, 5.000% due 1/1/48(c)
|
| | | | 292,533 | | |
| | | 800,000 | | | | AA- | | |
Series D, 5.000% due 1/1/46(c)
|
| | | | 828,499 | | |
| | | 3,000,000 | | | | AA+ | | |
Salt River Project Agricultural Improvement & Power District, Revenue
Bonds, Series A, 4.000% due 12/1/33 |
| | | | 3,022,728 | | |
| | | 1,000,000 | | | | NR | | |
Sierra Vista Industrial Development Authority, Revenue Bonds, 5.750% due
6/15/58(d) |
| | | | 1,007,228 | | |
| | | 310,000 | | | | AA- | | |
State of Arizona, COP, Series A, 5.000% due 10/1/24
|
| | | | 313,248 | | |
| | | | | | | | | |
Total Arizona
|
| | | | 23,818,233 | | |
| Arkansas – 0.4% | | |||||||||||||||
| | | | | | | | | | Arkansas Development Finance Authority, Revenue Bonds: | | | | | | | |
| | | 2,000,000 | | | | BB- | | |
4.500% due 9/1/49(a)(d)
|
| | | | 1,970,152 | | |
| | | 1,150,000 | | | | BB- | | |
5.700% due 5/1/53(a)
|
| | | | 1,190,163 | | |
| | | | | | | | | |
Total Arkansas
|
| | | | 3,160,315 | | |
| California – 3.3% | | |||||||||||||||
| | | 205,000 | | | | AA | | |
Bay Area Toll Authority, Revenue Bonds, Series B, 2.850% due 4/1/47(c)
|
| | | | 203,062 | | |
| | | 2,845,000 | | | | NR | | |
California Community Housing Agency, Revenue Bonds, 4.000% due
2/1/50(d) |
| | | | 2,089,627 | | |
| | | 115,000 | | | | A | | |
California Health Facilities Financing Authority, Revenue Bonds, Series A,
5.000% due 7/1/25 |
| | | | 115,072 | | |
| | | 2,000,000 | | | | BB- | | |
California Municipal Finance Authority, Revenue Bonds, 4.000% due
7/15/29(a) |
| | | | 1,970,997 | | |
| | | | | | | | | |
California Statewide Communities Development Authority, Revenue Bonds:
|
| | | | | | |
| | | 2,525,000 | | | | BB | | |
5.500% due 12/1/54
|
| | | | 2,489,795 | | |
| | | 1,000,000 | | | | BB | | |
Series A, 5.000% due 12/1/46(d)
|
| | | | 987,907 | | |
| | | | | | | | | | City of Los Angeles Department of Airports, Revenue Bonds: | | | | | | | |
| | | 650,000 | | | | AA- | | |
4.000% due 5/15/38(a)
|
| | | | 651,905 | | |
| | | 650,000 | | | | AA- | | |
4.000% due 5/15/40(a)
|
| | | | 647,758 | | |
| | | 1,000,000 | | | | NR | | |
CMFA Special Finance Agency, Revenue Bonds, Series A, 4.000% due
12/1/45(d) |
| | | | 814,327 | | |
| | | 1,105,000 | | | | NR | | |
CMFA Special Finance Agency VII, Revenue Bonds, Series A1, 3.000% due
8/1/56(d) |
| | | | 745,504 | | |
| | | | | | | | | | CSCDA Community Improvement Authority, Revenue Bonds: | | | | | | | |
| | | 3,000,000 | | | | NR | | |
3.000% due 6/1/47(d)
|
| | | | 2,187,320 | | |
| | | 1,000,000 | | | | NR | | |
3.000% due 12/1/56(d)
|
| | | | 697,947 | | |
|
Face Amount/Units
|
| |
Rating††
|
| |
Security
|
| |
Value
|
| ||||||
| MUNICIPAL BONDS – (continued) | | |||||||||||||||
| California – (continued) | | |||||||||||||||
| | $ | 1,000,000 | | | | NR | | |
4.000% due 8/1/56(d)
|
| | | $ | 830,573 | | |
| | | | | | | | | | Golden State Tobacco Securitization Corp., Revenue Bonds: | | | | | | | |
| | | 175,000 | | | | A+ | | |
Series A, AMBAC, zero coupon, due 6/1/24
|
| | | | 173,553 | | |
| | | 115,000 | | | | NR | | |
Series A1, 5.000% due 6/1/25
|
| | | | 118,006 | | |
| | | 30,000 | | | | NR | | |
Series A1, 5.000% due 6/1/26
|
| | | | 31,533 | | |
| | | 290,000 | | | | AA- | | |
Los Angeles Department of Water & Power, Revenue Bonds, Series A,
5.000% due 7/1/29 |
| | | | 295,525 | | |
| | | 100,000 | | | | AA | | |
Oakland Unified School District, GO, AGM-Insured, 5.000% due 8/1/26
|
| | | | 103,143 | | |
| | | 1,800,000 | | | | AAA | | |
San Jose Financing Authority, Revenue Bonds, Series B, 5.000% due
11/1/42 |
| | | | 2,068,995 | | |
| | | 400,000 | | | | AA+ | | |
Santa Clara County Financing Authority, Revenue Bonds, Series A, 3.000%
due 5/1/39 |
| | | | 358,622 | | |
| | | | | | | | | | State of California, GO: | | | | | | | |
| | | 760,000 | | | | AA- | | |
4.000% due 3/1/26
|
| | | | 777,077 | | |
| | | 2,915,000 | | | | AA- | | |
4.000% due 9/1/43
|
| | | | 3,016,082 | | |
| | | 2,250,000 | | | | AA- | | |
5.000% due 9/1/26
|
| | | | 2,375,037 | | |
| | | 80,000 | | | | AA- | | |
5.000% due 9/1/29
|
| | | | 84,461 | | |
| | | 4,100,000 | | | | AA- | | |
5.000% due 3/1/31
|
| | | | 4,178,851 | | |
| | | 435,000 | | | | AA- | | |
Series B, 5.000% due 8/1/26
|
| | | | 458,221 | | |
| | | 205,000 | | | | AA- | | |
Series C, 5.000% due 8/1/29
|
| | | | 216,047 | | |
| | | | | | | | | |
Total California
|
| | | | 28,686,947 | | |
| Colorado – 2.5% | | |||||||||||||||
| | | 1,000,000 | | | | AA | | |
Adams 12 Five Star Schools, GO, Series B, 5.000% due 12/15/34
|
| | | | 1,048,533 | | |
| | | 2,000,000 | | | | AA | | |
Board of Governors of Colorado State University System, Revenue Bonds,
Series C, 4.000% due 3/1/38 |
| | | | 2,030,222 | | |
| | | 1,275,000 | | | | AAA | | |
Centennial Water & Sanitation District, Revenue Bonds, 5.000% due 12/1/48
|
| | | | 1,413,359 | | |
| | | | | | | | | | City & County of Denver CO Airport System Revenue, Revenue Bonds: | | | | | | | |
| | | 65,000 | | | | AA- | | |
Series A, 5.000% due 11/15/24(a)
|
| | | | 65,589 | | |
| | | 315,000 | | | | A+ | | |
Series A, 5.000% due 12/1/26(a)
|
| | | | 328,547 | | |
| | | 30,000 | | | | AA- | | |
Series A, 5.000% due 11/15/27(a)
|
| | | | 31,826 | | |
| | | 195,000 | | | | AA- | | |
Series A, 5.000% due 11/15/28(a)
|
| | | | 206,172 | | |
| | | 455,000 | | | | AA- | | |
Series A, 5.000% due 11/15/29(a)
|
| | | | 479,314 | | |
| | | 115,000 | | | | AA- | | |
Series A, 5.000% due 11/15/30(a)
|
| | | | 120,950 | | |
| | | 3,400,000 | | | | AA- | | |
Series D, 5.500% due 11/15/30(a)
|
| | | | 3,888,889 | | |
| | | | | | | | | | Colorado Health Facilities Authority, Revenue Bonds: | | | | | | | |
| | | 580,000 | | | | AA | | |
5.000% due 11/15/49(c)
|
| | | | 607,329 | | |
| | | 60,000 | | | | NR | | |
Series Prerefunded 11/19/26@ 100, 5.000% due 11/15/49(c)(e)
|
| | | | 63,083 | | |
|
Face Amount/Units
|
| |
Rating††
|
| |
Security
|
| |
Value
|
| ||||||
| MUNICIPAL BONDS – (continued) | | |||||||||||||||
| Colorado – (continued) | | |||||||||||||||
| | $ | 60,000 | | | | AA | | |
Colorado Housing & Finance Authority, Revenue Bonds, Series H, 4.250%
due 11/1/49 |
| | | $ | 60,107 | | |
| | | 3,000,000 | | | | Aa2(b) | | |
Gunnison Watershed School District No Re 1J, GO, 5.000% due 12/1/47
|
| | | | 3,299,772 | | |
| | | 3,775,000 | | | | AA- | | |
State of Colorado, COP, Series A, 4.000% due 12/15/39
|
| | | | 3,877,548 | | |
| | | 1,435,000 | | | | Aa1(b) | | |
University of Colorado, Revenue Bonds, Series C, 2.000% due 6/1/54(c)
|
| | | | 1,423,275 | | |
| | | | | | | | | | Vauxmont Metropolitan District, GO, AGM: | | | | | | | |
| | | 125,000 | | | | AA | | |
5.000% due 12/15/27
|
| | | | 130,406 | | |
| | | 120,000 | | | | AA | | |
5.000% due 12/15/29
|
| | | | 125,103 | | |
| | | 135,000 | | | | AA | | |
5.000% due 12/15/31
|
| | | | 140,611 | | |
| | | 285,000 | | | | AA | | |
5.000% due 12/1/34
|
| | | | 314,220 | | |
| | | 1,750,000 | | | | NR | | |
Village Metropolitan District, GO, 5.000% due 12/1/49
|
| | | | 1,712,716 | | |
| | | | | | | | | |
Total Colorado
|
| | | | 21,367,571 | | |
| Connecticut – 1.3% | | |||||||||||||||
| | | 505,000 | | | | AA- | | |
Connecticut State Health & Educational Facilities Authority, Revenue
Bonds, Series B, 1.800% due 7/1/49(c) |
| | | | 500,792 | | |
| | | | | | | | | | State of Connecticut, GO: | | | | | | | |
| | | 90,000 | | | | AA- | | |
Series A, 5.000% due 3/15/26
|
| | | | 93,837 | | |
| | | 375,000 | | | | AA- | | |
Series A, 5.000% due 4/15/26
|
| | | | 391,740 | | |
| | | 150,000 | | | | AA- | | |
Series A, 5.000% due 4/15/30
|
| | | | 166,972 | | |
| | | 170,000 | | | | AA- | | |
Series A, 5.000% due 4/15/34
|
| | | | 188,553 | | |
| | | 60,000 | | | | AA- | | |
Series A, 5.000% due 4/15/35
|
| | | | 66,392 | | |
| | | 175,000 | | | | AA- | | |
Series B, 5.000% due 1/15/26
|
| | | | 181,751 | | |
| | | 2,100,000 | | | | AA- | | |
Series D, 5.000% due 7/15/25
|
| | | | 2,153,285 | | |
| | | 100,000 | | | | AA- | | |
Series E, 5.000% due 10/15/26
|
| | | | 105,721 | | |
| | | 150,000 | | | | AA- | | |
Series E, 5.000% due 10/15/29
|
| | | | 157,875 | | |
| | | 1,260,000 | | | | AA- | | |
Series E, 5.000% due 11/15/35
|
| | | | 1,477,670 | | |
| | | | | | | | | | State of Connecticut Special Tax Revenue, Revenue Bonds: | | | | | | | |
| | | 2,425,000 | | | | AA | | |
Series A, 5.000% due 7/1/39
|
| | | | 2,773,670 | | |
| | | 2,500,000 | | | | AA | | |
Series A, 5.250% due 7/1/43
|
| | | | 2,846,653 | | |
| | | 330,000 | | | | AA- | | |
University of Connecticut, Revenue Bonds, Series A, 5.000% due 11/1/27
|
| | | | 356,471 | | |
| | | | | | | | | |
Total Connecticut
|
| | | | 11,461,382 | | |
| Delaware – 0.4% | | |||||||||||||||
| | | 3,160,000 | | | | NR | | |
State of Delaware, GO, Series B, Prerefunded 7/1/24@ 100, 5.000% due
7/1/27(e) |
| | | | 3,176,399 | | |
| District of Columbia – 1.6% | | |||||||||||||||
| | | | | | | | | | District of Columbia, GO: | | | | | | | |
| | | 1,500,000 | | | | AA+ | | |
Series A, 5.000% due 6/1/34
|
| | | | 1,533,482 | | |
|
Face Amount/Units
|
| |
Rating††
|
| |
Security
|
| |
Value
|
| ||||||
| MUNICIPAL BONDS – (continued) | | |||||||||||||||
| District of Columbia – (continued) | | |||||||||||||||
| | $ | 2,000,000 | | | | AA+ | | |
Series C, 5.000% due 6/1/34
|
| | | $ | 2,007,806 | | |
| | | 2,500,000 | | | | AA+ | | |
District of Columbia Water & Sewer Authority, Revenue Bonds, Series C,
5.000% due 10/1/27 |
| | | | 2,521,907 | | |
| | | | | | | | | |
Metropolitan Washington Airports Authority Aviation Revenue, Revenue
Bonds: |
| | | | | | |
| | | 2,625,000 | | | | AA- | | |
Series A, 5.000% due 10/1/24(a)
|
| | | | 2,643,076 | | |
| | | 115,000 | | | | AA- | | |
Series A, 5.000% due 10/1/28(a)
|
| | | | 123,718 | | |
| | | 95,000 | | | | AA- | | |
Series A, 5.000% due 10/1/30(a)
|
| | | | 101,621 | | |
| | | 205,000 | | | | AA- | | |
Series A, 5.000% due 10/1/31(a)
|
| | | | 217,850 | | |
| | | 60,000 | | | | AA- | | |
Series A, 5.000% due 10/1/34(a)
|
| | | | 62,800 | | |
| | | 55,000 | | | | AA- | | |
Series A, 5.000% due 10/1/36(a)
|
| | | | 57,236 | | |
| | | 400,000 | | | | A- | | |
Metropolitan Washington Airports Authority Dulles Toll Road Revenue,
Revenue Bonds, Series B, 4.000% due 10/1/35 |
| | | | 407,976 | | |
| | | | | | | | | |
Washington Metropolitan Area Transit Authority Dedicated Revenue,
Revenue Bonds: |
| | | | | | |
| | | 1,250,000 | | | | AA | | |
5.000% due 7/15/36
|
| | | | 1,471,070 | | |
| | | 1,000,000 | | | | AA | | |
5.000% due 7/15/37
|
| | | | 1,164,076 | | |
| | | 1,000,000 | | | | AA | | |
5.000% due 7/15/38
|
| | | | 1,153,279 | | |
| | | | | | | | | |
Total District of Columbia
|
| | | | 13,465,897 | | |
| Florida – 7.6% | | |||||||||||||||
| | | | | | | | | | Brevard County School District, COP: | | | | | | | |
| | | 95,000 | | | | Aa3(b) | | |
5.000% due 7/1/27
|
| | | | 95,440 | | |
| | | 215,000 | | | | Aa3(b) | | |
5.000% due 7/1/30
|
| | | | 215,829 | | |
| | | 85,000 | | | | Aa3(b) | | |
Series C, 5.000% due 7/1/24
|
| | | | 85,441 | | |
| | | 1,000,000 | | | | NR | | |
Cabot Citrus Farms Community Development District, Special Assessment,
5.250% due 3/1/29 |
| | | | 1,000,190 | | |
| | | | | | | | | | Capital Trust Agency Inc., Revenue Bonds: | | | | | | | |
| | | 500,000 | | | | BB | | |
6.375% due 5/1/53(d)
|
| | | | 507,038 | | |
| | | 450,000 | | | | NR | | |
Series A1, 4.000% due 6/15/29(d)
|
| | | | 429,514 | | |
| | | 2,000,000 | | | | NR | | |
Series A1, 5.000% due 7/1/56(d)
|
| | | | 1,813,230 | | |
| | | 1,495,000 | | | | NR | | |
Celebration Pointe Community Development District No 1, Special
Assessment, 4.000% due 5/1/53 |
| | | | 1,204,220 | | |
| | | | | | | | | | County of Broward FL Airport System Revenue, Revenue Bonds: | | | | | | | |
| | | 60,000 | | | | A+ | | |
5.000% due 10/1/30(a)
|
| | | | 62,970 | | |
| | | 90,000 | | | | A+ | | |
5.000% due 10/1/31(a)
|
| | | | 94,428 | | |
| | | 120,000 | | | | A+ | | |
Series A, 5.000% due 10/1/29(a)
|
| | | | 122,178 | | |
| | | 85,000 | | | | A+ | | |
Series A, 5.000% due 10/1/31(a)
|
| | | | 86,540 | | |
| | | 115,000 | | | | A+ | | |
Series A, 5.000% due 10/1/32(a)
|
| | | | 117,067 | | |
|
Face Amount/Units
|
| |
Rating††
|
| |
Security
|
| |
Value
|
| ||||||
| MUNICIPAL BONDS – (continued) | | |||||||||||||||
| Florida – (continued) | | |||||||||||||||
| | $ | 1,000,000 | | | | A+ | | |
Series B, 5.000% due 10/1/29(a)
|
| | | $ | 1,088,569 | | |
| | | 65,000 | | | | AA+ | | |
County of Hillsborough FL Solid Waste & Resource Recovery Revenue,
Revenue Bonds, Series A, 5.000% due 9/1/24(a) |
| | | | 65,362 | | |
| | | | | | | | | | County of Miami-Dade FL, Revenue Bonds: | | | | | | | |
| | | 160,000 | | | | A+ | | |
5.000% due 10/1/28
|
| | | | 167,551 | | |
| | | 120,000 | | | | A+ | | |
5.000% due 10/1/29
|
| | | | 125,602 | | |
| | | 215,000 | | | | A+ | | |
5.000% due 10/1/30
|
| | | | 224,766 | | |
| | | | | | | | | | County of Miami-Dade FL Aviation Revenue, Revenue Bonds: | | | | | | | |
| | | 290,000 | | | | A | | |
Series A, 5.000% due 10/1/24(a)
|
| | | | 290,233 | | |
| | | 160,000 | | | | A | | |
Series A, 5.000% due 10/1/33(a)
|
| | | | 160,695 | | |
| | | 5,000,000 | | | | A | | |
Series A, 5.000% due 10/1/34(a)
|
| | | | 5,021,021 | | |
| | | 215,000 | | | | A | | |
Series B, 5.000% due 10/1/37
|
| | | | 216,273 | | |
| | | 500,000 | | | | A | | |
Series B, 5.000% due 10/1/40(a)
|
| | | | 511,321 | | |
| | | 10,000,000 | | | | AA- | | |
County of Miami-Dade FL Water & Sewer System Revenue, Revenue
Bonds, Series B, 5.000% due 10/1/44 |
| | | | 10,602,033 | | |
| | | | | | | | | | County of Miami-Dade Seaport Department, Revenue Bonds: | | | | | | | |
| | | 2,430,000 | | | | A3(b) | | |
Series A, 5.000% due 10/1/32(a)
|
| | | | 2,712,935 | | |
| | | 1,250,000 | | | | A3(b) | | |
Series A, 5.000% due 10/1/47(a)
|
| | | | 1,310,311 | | |
| | | | | | | | | | Duval County Public Schools, COP: | | | | | | | |
| | | 125,000 | | | | A+ | | |
Series B, 5.000% due 7/1/27
|
| | | | 127,904 | | |
| | | 30,000 | | | | A+ | | |
Series B, 5.000% due 7/1/28
|
| | | | 30,689 | | |
| | | 190,000 | | | | A+ | | |
Series B, 5.000% due 7/1/30
|
| | | | 194,241 | | |
| | | | | | | | | | Florida Development Finance Corp., Revenue Bonds: | | | | | | | |
| | | 1,125,000 | | | | NR | | |
6.125% due 7/1/32(a)(c)(d)
|
| | | | 1,144,081 | | |
| | | 600,000 | | | | NR | | |
Series A, 6.750% due 6/15/53(d)
|
| | | | 653,120 | | |
| | | 1,600,000 | | | | NR | | |
Florida Higher Educational Facilities Financial Authority, Revenue Bonds,
5.000% due 6/1/48(d) |
| | | | 1,465,448 | | |
| | | 2,000,000 | | | | A | | |
Florida Insurance Assistance Interlocal Agency Inc., Revenue Bonds,
Series A1, 5.000% due 9/1/25 |
| | | | 2,028,562 | | |
| | | | | | | | | | Florida Municipal Power Agency, Revenue Bonds: | | | | | | | |
| | | 30,000 | | | | A2(b) | | |
5.000% due 10/1/24
|
| | | | 30,280 | | |
| | | 45,000 | | | | A2(b) | | |
5.000% due 10/1/27
|
| | | | 46,131 | | |
| | | 55,000 | | | | A2(b) | | |
Series A, 5.000% due 10/1/30
|
| | | | 57,387 | | |
| | | 60,000 | | | | A2(b) | | |
Series A, 5.000% due 10/1/31
|
| | | | 62,514 | | |
| | | | | | | | | | Greater Orlando Aviation Authority, Revenue Bonds: | | | | | | | |
| | | 1,000,000 | | | | NR | | |
5.000% due 11/15/36(a)
|
| | | | 1,000,171 | | |
| | | 100,000 | | | | A+ | | |
Series A, Prerefunded 10/1/27@ 100, 5.000% due 10/1/28(a)(e)
|
| | | | 106,209 | | |
| | | 60,000 | | | | A+ | | |
Series A, Prerefunded 10/1/27@ 100, 5.000% due 10/1/30(a)(e)
|
| | | | 63,725 | | |
|
Face Amount/Units
|
| |
Rating††
|
| |
Security
|
| |
Value
|
| ||||||
| MUNICIPAL BONDS – (continued) | | |||||||||||||||
| Florida – (continued) | | |||||||||||||||
| | | | | | | | | | Hillsborough County Port District, Revenue Bonds: | | | | | | | |
| | $ | 850,000 | | | | A+(f) | | |
Series B, 5.000% due 6/1/33(a)
|
| | | $ | 904,801 | | |
| | | 185,000 | | | | A+(f) | | |
Series B, 5.000% due 6/1/38(a)
|
| | | | 192,648 | | |
| | | 75,000 | | | | AA- | | |
Indian River County District School Board, COP, Series A, 5.000% due
7/1/24 |
| | | | 75,340 | | |
| | | | | | | | | | Lake County School Board, COP, AGM: | | | | | | | |
| | | 30,000 | | | | AA | | |
Series A, Prerefunded 6/1/24@ 100, 5.000% due 6/1/25(e)
|
| | | | 30,095 | | |
| | | 50,000 | | | | AA | | |
Series A, Prerefunded 6/1/24@ 100, 5.000% due 6/1/26(e)
|
| | | | 50,159 | | |
| | | 15,000 | | | | AA | | |
Series A, Prerefunded 6/1/24@ 100, 5.000% due 6/1/28(e)
|
| | | | 15,048 | | |
| | | 500,000 | | | | NR | | |
Lakewood Ranch Stewardship District, Special Assessment, 6.300% due
5/1/54 |
| | | | 521,871 | | |
| | | | | | | | | | Lee Memorial Health System, Revenue Bonds: | | | | | | | |
| | | 550,000 | | | | A+ | | |
Series A1, 5.000% due 4/1/33
|
| | | | 595,259 | | |
| | | 515,000 | | | | A+ | | |
Series A1, 5.000% due 4/1/35
|
| | | | 554,837 | | |
| | | 755,000 | | | | A+ | | |
Series A2, 5.000% due 4/1/33(c)
|
| | | | 769,061 | | |
| | | 2,000,000 | | | | A- | | |
Miami-Dade County Educational Facilities Authority, Revenue Bonds,
Series B, AMBAC-Insured, 5.250% due 4/1/25 |
| | | | 2,037,104 | | |
| | | | | | | | | | Miami-Dade County Expressway Authority, Revenue Bonds: | | | | | | | |
| | | 45,000 | | | | A | | |
Series A, 5.000% due 7/1/31
|
| | | | 46,458 | | |
| | | 115,000 | | | | A | | |
Series A, 5.000% due 7/1/32
|
| | | | 118,751 | | |
| | | 95,000 | | | | A | | |
Series A, 5.000% due 7/1/33
|
| | | | 98,077 | | |
| | | 30,000 | | | | A | | |
Series A, 5.000% due 7/1/34
|
| | | | 30,951 | | |
| | | 235,000 | | | | A | | |
Series A, 5.000% due 7/1/40
|
| | | | 235,838 | | |
| | | 85,000 | | | | A | | |
Series A, 5.000% due 7/1/44
|
| | | | 85,028 | | |
| | | 200,000 | | | | A+ | | |
Orange County Health Facilities Authority, Revenue Bonds, Series A,
5.000% due 10/1/39 |
| | | | 205,734 | | |
| | | 200,000 | | | | Aa2(b) | | |
Orange County School Board, COP, Series C, Prerefunded 8/1/25@ 100,
5.000% due 8/1/29(e) |
| | | | 205,459 | | |
| | | | | | | | | | Palm Beach County School District, COP: | | | | | | | |
| | | 40,000 | | | | Aa3(b) | | |
Series A, 5.000% due 8/1/24
|
| | | | 40,259 | | |
| | | 705,000 | | | | Aa3(b) | | |
Series A, 5.000% due 8/1/26
|
| | | | 740,780 | | |
| | | 300,000 | | | | Aa3(b) | | |
Series B, 5.000% due 8/1/26
|
| | | | 307,694 | | |
| | | 240,000 | | | | Aa3(b) | | |
Series B, 5.000% due 8/1/27
|
| | | | 246,088 | | |
| | | 695,000 | | | | Aa3(b) | | |
Series D, 5.000% due 8/1/26
|
| | | | 712,824 | | |
| | | 315,000 | | | | Aa3(b) | | |
Series D, 5.000% due 8/1/27
|
| | | | 322,991 | | |
| | | 110,000 | | | | Aa3(b) | | |
Series D, 5.000% due 8/1/28
|
| | | | 112,500 | | |
| | | 300,000 | | | | AA | | |
Pasco County School Board, COP, Series D, AGM-Insured, 5.000% due
8/1/30 |
| | | | 342,571 | | |
|
Face Amount/Units
|
| |
Rating††
|
| |
Security
|
| |
Value
|
| ||||||
| MUNICIPAL BONDS – (continued) | | |||||||||||||||
| Florida – (continued) | | |||||||||||||||
| | | | | | | | | | School Board of Miami-Dade County, COP: | | | | | | | |
| | $ | 570,000 | | | | A+ | | |
Series A, 5.000% due 5/1/31
|
| | | $ | 592,440 | | |
| | | 120,000 | | | | AA | | |
Series A, AGM, 5.000% due 5/1/27
|
| | | | 122,322 | | |
| | | 220,000 | | | | A+ | | |
Series B, 5.000% due 8/1/27
|
| | | | 230,131 | | |
| | | 395,000 | | | | A+ | | |
Series B, 5.000% due 5/1/28
|
| | | | 401,824 | | |
| | | 340,000 | | | | A+ | | |
Series D, 5.000% due 11/1/24
|
| | | | 343,445 | | |
| | | 355,000 | | | | A+ | | |
Series D, 5.000% due 11/1/25
|
| | | | 359,015 | | |
| | | 230,000 | | | | A+ | | |
Series D, 5.000% due 11/1/26
|
| | | | 232,406 | | |
| | | 115,000 | | | | A+ | | |
Series D, 5.000% due 2/1/29
|
| | | | 119,152 | | |
| | | 190,000 | | | | A+ | | |
Series D, 5.000% due 2/1/30
|
| | | | 196,753 | | |
| | | | | | | | | | School District of Broward County, COP: | | | | | | | |
| | | 330,000 | | | | A+ | | |
Series A, 5.000% due 7/1/26
|
| | | | 337,380 | | |
| | | 265,000 | | | | A+ | | |
Series A, 5.000% due 7/1/27
|
| | | | 271,343 | | |
| | | 115,000 | | | | A+ | | |
Series A, 5.000% due 7/1/28
|
| | | | 117,587 | | |
| | | 70,000 | | | | A+ | | |
Series A, 5.000% due 7/1/32
|
| | | | 72,447 | | |
| | | 335,000 | | | | A+ | | |
Series B, 5.000% due 7/1/26
|
| | | | 342,492 | | |
| | | 230,000 | | | | A+ | | |
Series B, 5.000% due 7/1/27
|
| | | | 235,505 | | |
| | | 390,000 | | | | A+ | | |
Series B, 5.000% due 7/1/28
|
| | | | 398,773 | | |
| | | 50,000 | | | | Aa3(b) | | |
Seminole County School Board, COP, Series C, 5.000% due 7/1/24
|
| | | | 50,260 | | |
| | | 115,000 | | | | AA | | |
South Florida Water Management District, COP, 5.000% due 10/1/30
|
| | | | 119,381 | | |
| | | | | | | | | | State of Florida, GO: | | | | | | | |
| | | 5,995,000 | | | | AAA | | |
5.000% due 7/1/32
|
| | | | 6,586,793 | | |
| | | 2,500,000 | | | | AAA | | |
Series C, 5.000% due 6/1/25
|
| | | | 2,510,794 | | |
| | | 5,140,000 | | | | AA | | |
State of Florida Department of Transportation Turnpike System Revenue,
Revenue Bonds, Series A, 5.000% due 7/1/24 |
| | | | 5,168,518 | | |
| | | 1,000,000 | | | | NR | | |
Village Community Development District No 12, Special Assessment,
4.250% due 5/1/43 |
| | | | 937,267 | | |
| | | | | | | | | | Volusia County Educational Facility Authority, Revenue Bonds: | | | | | | | |
| | | 150,000 | | | | A1(b) | | |
4.000% due 10/15/36
|
| | | | 153,428 | | |
| | | 80,000 | | | | A1(b) | | |
5.000% due 10/15/44
|
| | | | 84,474 | | |
| | | 150,000 | | | | A1(b) | | |
5.000% due 10/15/49
|
| | | | 156,961 | | |
| | | | | | | | | | Volusia County School Board, COP: | | | | | | | |
| | | 600,000 | | | | Aa3(b) | | |
5.000% due 8/1/24
|
| | | | 603,867 | | |
| | | 145,000 | | | | AA | | |
Series A, 5.000% due 8/1/32
|
| | | | 149,390 | | |
| | | | | | | | | |
Total Florida
|
| | | | 65,833,593 | | |
|
Face Amount/Units
|
| |
Rating††
|
| |
Security
|
| |
Value
|
| ||||||
| MUNICIPAL BONDS – (continued) | | |||||||||||||||
| Georgia – 1.6% | | |||||||||||||||
| | | | | | | | | | City of Atlanta GA Water & Wastewater Revenue, Revenue Bonds: | | | | | | | |
| | $ | 30,000 | | | | AA- | | |
5.000% due 11/1/27
|
| | | $ | 30,679 | | |
| | | 70,000 | | | | AA- | | |
5.000% due 11/1/29
|
| | | | 71,621 | | |
| | | 2,000,000 | | | | AA- | | |
5.000% due 11/1/40
|
| | | | 2,030,055 | | |
| | | | | | | | | | Development Authority of Burke County, Revenue Bonds: | | | | | | | |
| | | 600,000 | | | | BBB+ | | |
1.700% due 12/1/49(c)
|
| | | | 591,261 | | |
| | | 830,000 | | | | BBB+ | | |
2.925% due 11/1/53(c)
|
| | | | 829,737 | | |
| | | 1,000,000 | | | | Ba3(b) | | |
Development Authority Of The City Of Marietta, Revenue Bonds, Series A,
5.000% due 11/1/37(d) |
| | | | 969,141 | | |
| | | | | | | | | | Main Street Natural Gas Inc., Revenue Bonds: | | | | | | | |
| | | 2,000,000 | | | | BBB- | | |
Series C, 4.000% due 8/1/52(c)(d)
|
| | | | 1,936,363 | | |
| | | 1,500,000 | | | | Aa1(b) | | |
Series C, 5.000% due 9/1/53(c)
|
| | | | 1,596,198 | | |
| | | | | | | | | | Municipal Electric Authority of Georgia, Revenue Bonds: | | | | | | | |
| | | 160,000 | | | | A- | | |
Series A, 5.000% due 1/1/27
|
| | | | 168,032 | | |
| | | 145,000 | | | | A- | | |
Series A, 5.000% due 1/1/30
|
| | | | 156,822 | | |
| | | 35,000 | | | | A | | |
Series GG, 5.000% due 1/1/25
|
| | | | 35,031 | | |
| | | 145,000 | | | | A | | |
Series GG, 5.000% due 1/1/26
|
| | | | 145,110 | | |
| | | 5,000,000 | | | | AAA | | |
State of Georgia, GO, Series A, 5.000% due 7/1/29
|
| | | | 5,514,476 | | |
| | | | | | | | | |
Total Georgia
|
| | | | 14,074,526 | | |
| Hawaii – 1.1% | | |||||||||||||||
| | | 2,500,000 | | | | Aa2(b) | | |
City & County Honolulu HI Wastewater System Revenue, Revenue Bonds,
Series A, 4.125% due 7/1/47 |
| | | | 2,512,760 | | |
| | | | | | | | | | City & County of Honolulu HI, GO: | | | | | | | |
| | | 7,105,000 | | | | Aa2(b) | | |
Series C, 4.000% due 10/1/32
|
| | | | 7,263,559 | | |
| | | 90,000 | | | | Aa2(b) | | |
Series D, 5.000% due 9/1/26
|
| | | | 94,868 | | |
| | | | | | | | | |
Total Hawaii
|
| | | | 9,871,187 | | |
| Idaho – 0.5% | | |||||||||||||||
| | | 1,500,000 | | | | NR | | |
Idaho Falls Auditorium District, COP, 5.250% due 5/15/51(d)
|
| | | | 1,476,396 | | |
| | | 1,000,000 | | | | NR | | |
Idaho Health Facilities Authority, Revenue Bonds, 7.125% due 11/1/57
|
| | | | 1,048,952 | | |
| | | | | | | | | | Idaho Housing & Finance Association, Revenue Bonds: | | | | | | | |
| | | 35,000 | | | | A2(b) | | |
5.000% due 7/15/24
|
| | | | 35,237 | | |
| | | 95,000 | | | | A2(b) | | |
5.000% due 7/15/27
|
| | | | 101,767 | | |
| | | 1,000,000 | | | | Aa1(b) | | |
5.000% due 8/15/41
|
| | | | 1,124,728 | | |
| | | 35,000 | | | | Aa1(b) | | |
Series A, 4.000% due 1/1/50
|
| | | | 34,795 | | |
| | | 250,000 | | | | A2(b) | | |
Series A, 5.000% due 7/15/30
|
| | | | 281,966 | | |
| | | 250,000 | | | | A2(b) | | |
Series A, 5.000% due 7/15/31
|
| | | | 285,462 | | |
| | | | | | | | | |
Total Idaho
|
| | | | 4,389,303 | | |
|
Face Amount/Units
|
| |
Rating††
|
| |
Security
|
| |
Value
|
| ||||||
| MUNICIPAL BONDS – (continued) | | |||||||||||||||
| Illinois – 3.8% | | |||||||||||||||
| | | | | | | | | | Chicago Board of Education, GO: | | | | | | | |
| | $ | 1,040,000 | | | | BB+ | | |
Series A, 5.000% due 12/1/47
|
| | | $ | 1,042,575 | | |
| | | 2,500,000 | | | | BB+ | | |
Series E, 5.125% due 12/1/32
|
| | | | 2,503,023 | | |
| | | 2,075,000 | | | | AA | | |
Chicago Board of Education Dedicated Capital Improvement Tax, Revenue
Bonds, 5.750% due 4/1/48 |
| | | | 2,305,618 | | |
| | | | | | | | | | Chicago Midway International Airport, Revenue Bonds: | | | | | | | |
| | | 65,000 | | | | A | | |
Series A, 5.000% due 1/1/29(a)
|
| | | | 66,127 | | |
| | | 100,000 | | | | A | | |
Series A, 5.000% due 1/1/30(a)
|
| | | | 101,837 | | |
| | | 70,000 | | | | A | | |
Series A, 5.000% due 1/1/31(a)
|
| | | | 71,222 | | |
| | | 190,000 | | | | A | | |
Series A, 5.000% due 1/1/32(a)
|
| | | | 190,222 | | |
| | | | | | | | | | Chicago O’Hare International Airport, Revenue Bonds: | | | | | | | |
| | | 270,000 | | | | A+ | | |
Series A, 5.000% due 1/1/29
|
| | | | 284,346 | | |
| | | 200,000 | | | | A+ | | |
Series A, 5.000% due 1/1/48(a)
|
| | | | 205,463 | | |
| | | 285,000 | | | | A+ | | |
Series B, 5.000% due 1/1/32
|
| | | | 288,980 | | |
| | | 1,635,000 | | | | A+ | | |
Series B, 5.000% due 1/1/41
|
| | | | 1,666,699 | | |
| | | 120,000 | | | | A+ | | |
Series B, 5.000% due 1/1/53
|
| | | | 125,560 | | |
| | | 1,000,000 | | | | A+ | | |
City of Chicago IL Wastewater Transmission Revenue, Revenue Bonds,
5.000% due 1/1/33 |
| | | | 1,002,641 | | |
| | | 1,000,000 | | | | AA | | |
City of Chicago IL Waterworks Revenue, Revenue Bonds, Series A,
AGM-Insured, 5.500% due 11/1/62 |
| | | | 1,103,141 | | |
| | | 155,000 | | | | Aaa(b) | | |
Cook Kane Lake & McHenry Counties Community College District No 512,
GO, Series B, 5.000% due 12/1/24 |
| | | | 156,813 | | |
| | | 500,000 | | | | A+ | | |
County of Cook IL, GO, Series A, 5.000% due 11/15/24
|
| | | | 505,223 | | |
| | | 5,000 | | | | NR | | |
Grundy & Will Counties Community Unit School District No 1 Coal City,
GO, Series Prerefunded 2/1/27@ 100, 5.000% due 2/1/29(e) |
| | | | 5,303 | | |
| | | | | | | | | | Illinois Finance Authority, Revenue Bonds: | | | | | | | |
| | | 110,000 | | | | A2(b) | | |
5.000% due 12/1/29
|
| | | | 113,742 | | |
| | | 145,000 | | | | AAA | | |
5.000% due 1/1/30
|
| | | | 152,688 | | |
| | | 330,000 | | | | AA- | | |
5.000% due 8/15/30
|
| | | | 371,037 | | |
| | | 255,000 | | | | AAA | | |
5.000% due 7/1/31
|
| | | | 268,378 | | |
| | | 100,000 | | | | A2(b) | | |
5.000% due 12/1/46
|
| | | | 101,288 | | |
| | | 95,000 | | | | AA- | | |
Series A, 5.000% due 2/15/25
|
| | | | 96,357 | | |
| | | 45,000 | | | | AA- | | |
Series A, 5.000% due 2/15/26
|
| | | | 46,534 | | |
| | | 2,000,000 | | | | A+ | | |
Series A, 5.000% due 11/15/38
|
| | | | 2,017,535 | | |
| | | 75,000 | | | | Aa3(b) | | |
Series A, Prerefunded 7/1/26@ 100, 5.000% due 7/1/30(e)
|
| | | | 78,565 | | |
| | | 50,000 | | | | Aa3(b) | | |
Series A, Prerefunded 7/1/26@ 100, 5.000% due 7/1/34(e)
|
| | | | 52,377 | | |
| | | 255,000 | | | | Aa3(b) | | |
Series A, Prerefunded 7/1/26@ 100, 5.000% due 7/1/36(e)
|
| | | | 267,121 | | |
| | | 95,000 | | | | WD(f) | | |
Series A, Prerefunded 8/15/26@ 100, 5.000% due 8/15/33(e)
|
| | | | 99,210 | | |
|
Face Amount/Units
|
| |
Rating††
|
| |
Security
|
| |
Value
|
| ||||||
| MUNICIPAL BONDS – (continued) | | |||||||||||||||
| Illinois – (continued) | | |||||||||||||||
| | $ | 15,000 | | | | WD(f) | | |
Series A, Prerefunded 9/1/24@ 100, 5.000% due 9/1/34(e)
|
| | | $ | 15,119 | | |
| | | 170,000 | | | | AA- | | |
Series Prerefunded 1/1/27@ 100, 5.000% due 1/1/36(e)
|
| | | | 180,427 | | |
| | | 870,000 | | | | AA- | | |
Series Prerefunded 1/1/28@ 100, 5.000% due 1/1/38(e)
|
| | | | 946,241 | | |
| | | 1,300,000 | | | | AA- | | |
Series Prerefunded 1/1/28@ 100, 5.000% due 1/1/44(e)
|
| | | | 1,413,923 | | |
| | | 20,000 | | | | NR | | |
Series Prerefunded 2/15/27@ 100, 4.000% due 2/15/41(e)
|
| | | | 20,553 | | |
| | | | | | | | | | Illinois Municipal Electric Agency, Revenue Bonds: | | | | | | | |
| | | 290,000 | | | | A | | |
Series A, 5.000% due 2/1/28
|
| | | | 296,453 | | |
| | | 105,000 | | | | A | | |
Series A, 5.000% due 2/1/31
|
| | | | 107,017 | | |
| | | 1,000,000 | | | | A | | |
Series A, 5.000% due 2/1/32
|
| | | | 1,018,520 | | |
| | | | | | | | | | Illinois State Toll Highway Authority, Revenue Bonds: | | | | | | | |
| | | 50,000 | | | | AA- | | |
Series A, 5.000% due 12/1/31
|
| | | | 51,791 | | |
| | | 1,500,000 | | | | AA- | | |
Series B, 5.000% due 1/1/36
|
| | | | 1,501,752 | | |
| | | | | | | | | |
Kane McHenry Cook & De Kalb Counties Unit School District No 300, GO:
|
| | | | | | |
| | | 260,000 | | | | AA | | |
5.000% due 1/1/26
|
| | | | 262,786 | | |
| | | 55,000 | | | | AA | | |
5.000% due 1/1/29
|
| | | | 58,491 | | |
| | | 1,045,000 | | | | Aa1(b) | | |
Maine Township High School District No 207, GO, Series 2022, 4.000% due
12/1/25 |
| | | | 1,059,828 | | |
| | | | | | | | | |
McHenry County Community Unit School District No 200 Woodstock, GO:
|
| | | | | | |
| | | 225,000 | | | | Aa2(b) | | |
Series B, NPFG, zero coupon, due 1/15/25
|
| | | | 217,924 | | |
| | | 170,000 | | | | Aa2(b) | | |
Series B, NPFG, zero coupon, due 1/15/26
|
| | | | 159,068 | | |
| | | 175,000 | | | | AA+ | | |
McHenry County Conservation District, GO, 5.000% due 2/1/27
|
| | | | 177,851 | | |
| | | 2,000,000 | | | | A | | |
Metropolitan Pier & Exposition Authority, Revenue Bonds, 5.000% due
6/15/52 |
| | | | 2,014,743 | | |
| | | | | | | | | | State of Illinois, GO: | | | | | | | |
| | | 225,000 | | | | A- | | |
5.000% due 6/1/25
|
| | | | 229,338 | | |
| | | 270,000 | | | | A- | | |
5.000% due 2/1/27
|
| | | | 279,493 | | |
| | | 180,000 | | | | A- | | |
5.000% due 2/1/28
|
| | | | 189,024 | | |
| | | 60,000 | | | | A- | | |
5.000% due 4/1/28
|
| | | | 60,066 | | |
| | | 25,000 | | | | A- | | |
5.000% due 5/1/28
|
| | | | 25,059 | | |
| | | 165,000 | | | | A- | | |
5.000% due 2/1/29
|
| | | | 173,405 | | |
| | | 70,000 | | | | A- | | |
5.000% due 5/1/32
|
| | | | 70,143 | | |
| | | 190,000 | | | | A- | | |
5.000% due 5/1/33
|
| | | | 190,345 | | |
| | | 305,000 | | | | A- | | |
5.250% due 2/1/31
|
| | | | 305,366 | | |
| | | 2,000,000 | | | | A- | | |
Series A, 5.000% due 3/1/29
|
| | | | 2,175,653 | | |
| | | 365,000 | | | | A- | | |
Series B, 5.000% due 9/1/24
|
| | | | 367,576 | | |
| | | 405,000 | | | | A- | | |
Series D, 5.000% due 11/1/25
|
| | | | 415,551 | | |
| | | 390,000 | | | | A- | | |
Series D, 5.000% due 11/1/26
|
| | | | 407,207 | | |
|
Face Amount/Units
|
| |
Rating††
|
| |
Security
|
| |
Value
|
| ||||||
| MUNICIPAL BONDS – (continued) | | |||||||||||||||
| Illinois – (continued) | | |||||||||||||||
| | | | | | | | | | Will County Community Unit School District No 365-U Valley View, GO: | | | | | | | |
| | $ | 2,420,000 | | | | Aa1(b) | | |
Series A, 5.000% due 11/1/25
|
| | | $ | 2,490,044 | | |
| | | 165,000 | | | | AA | | |
Series B, AGM, zero coupon, due 11/1/26(g)
|
| | | | 150,703 | | |
| | | | | | | | | |
Total Illinois
|
| | | | 32,321,085 | | |
| Indiana – 2.2% | | |||||||||||||||
| | | 315,000 | | | | A+ | | |
City of Indianapolis IN Thermal Energy System Revenue, Revenue Bonds,
Series A, 5.000% due 10/1/24 |
| | | | 318,174 | | |
| | | 805,000 | | | | NR | | |
City of Valparaiso IN, Revenue Bonds, 7.000% due 1/1/44(a)
|
| | | | 806,697 | | |
| | | | | | | | | | Indiana Finance Authority, Revenue Bonds: | | | | | | | |
| | | 30,000 | | | | AA- | | |
5.000% due 9/1/26
|
| | | | 31,320 | | |
| | | 15,000 | | | | AA- | | |
5.000% due 9/1/29
|
| | | | 15,735 | | |
| | | 240,000 | | | | AA- | | |
5.000% due 3/1/36
|
| | | | 243,109 | | |
| | | 60,000 | | | | AA- | | |
5.000% due 9/1/36
|
| | | | 62,330 | | |
| | | 1,000,000 | | | | AAA | | |
5.000% due 2/1/39
|
| | | | 1,144,976 | | |
| | | 4,050,000 | | | | AAA | | |
5.000% due 2/1/40
|
| | | | 4,607,002 | | |
| | | 4,255,000 | | | | AAA | | |
5.000% due 2/1/41
|
| | | | 4,819,560 | | |
| | | 70,000 | | | | AA | | |
Series A, 5.000% due 10/1/26
|
| | | | 70,713 | | |
| | | 250,000 | | | | AA | | |
Series A, 5.000% due 10/1/38
|
| | | | 286,449 | | |
| | | 160,000 | | | | Aaa(b) | | |
Indiana Housing & Community Development Authority, Revenue Bonds,
Series B, 3.500% due 1/1/49 |
| | | | 157,474 | | |
| | | | | | | | | | Indianapolis Local Public Improvement Bond Bank, Revenue Bonds: | | | | | | | |
| | | 255,000 | | | | A1(b) | | |
5.000% due 1/1/25(a)
|
| | | | 257,401 | | |
| | | 550,000 | | | | A1(b) | | |
5.000% due 1/1/35(a)
|
| | | | 609,396 | | |
| | | 550,000 | | | | A1(b) | | |
5.250% due 1/1/36(a)
|
| | | | 620,448 | | |
| | | 600,000 | | | | A1(b) | | |
5.250% due 1/1/37(a)
|
| | | | 671,530 | | |
| | | 1,500,000 | | | | A1(b) | | |
5.250% due 1/1/41(a)
|
| | | | 1,638,929 | | |
| | | 1,895,000 | | | | Aa1(b) | | |
Series 202, 6.000% due 1/15/41
|
| | | | 2,273,075 | | |
| | | | | | | | | |
Total Indiana
|
| | | | 18,634,318 | | |
| Iowa – 1.4% | | |||||||||||||||
| | | 1,155,000 | | | | Aa1(b) | | |
City of Cedar Rapids IA, GO, Series A, 5.000% due 6/1/25
|
| | | | 1,160,043 | | |
| | | | | | | | | | Iowa Finance Authority, Revenue Bonds: | | | | | | | |
| | | 2,000,000 | | | | BBB- | | |
4.750% due 8/1/42
|
| | | | 1,975,745 | | |
| | | 2,000,000 | | | | BBB- | | |
5.000% due 12/1/50
|
| | | | 2,102,476 | | |
| | | 6,440,000 | | | | A3(b) | | |
PEFA Inc., Revenue Bonds, 5.000% due 9/1/49(c)
|
| | | | 6,576,136 | | |
| | | | | | | | | |
Total Iowa
|
| | | | 11,814,400 | | |
| Kansas – 0.0% | | |||||||||||||||
| | | 25,000 | | | | SP-1+ | | |
City of Maize KS, GO, Series B, 4.000% due 10/1/26
|
| | | | 25,075 | | |
|
Face Amount/Units
|
| |
Rating††
|
| |
Security
|
| |
Value
|
| ||||||
| MUNICIPAL BONDS – (continued) | | |||||||||||||||
| Kentucky – 1.0% | | |||||||||||||||
| | | | | | | | | | Kenton County Airport Board, Revenue Bonds: | | | | | | | |
| | $ | 25,000 | | | | A1(b) | | |
5.000% due 1/1/25
|
| | | $ | 25,366 | | |
| | | 15,000 | | | | A1(b) | | |
5.000% due 1/1/26
|
| | | | 15,551 | | |
| | | 45,000 | | | | A1(b) | | |
5.000% due 1/1/29
|
| | | | 46,486 | | |
| | | 50,000 | | | | A1(b) | | |
5.000% due 1/1/30
|
| | | | 51,587 | | |
| | | 5,000,000 | | | | A2(b) | | |
Kentucky Public Energy Authority, Revenue Bonds, Series B, 4.000% due
1/1/49(c) |
| | | | 4,999,826 | | |
| | | | | | | | | | Kentucky State Property & Building Commission, Revenue Bonds: | | | | | | | |
| | | 160,000 | | | | A | | |
5.000% due 4/1/27
|
| | | | 170,342 | | |
| | | 145,000 | | | | A | | |
5.000% due 5/1/28
|
| | | | 157,636 | | |
| | | 15,000 | | | | A | | |
5.000% due 5/1/29
|
| | | | 16,228 | | |
| | | 40,000 | | | | AA | | |
5.000% due 5/1/31
|
| | | | 43,069 | | |
| | | 165,000 | | | | A | | |
Series A, 5.000% due 2/1/29
|
| | | | 170,585 | | |
| | | 170,000 | | | | A | | |
Series A, 5.000% due 2/1/30
|
| | | | 175,627 | | |
| | | 65,000 | | | | A | | |
Series A, 5.000% due 2/1/32
|
| | | | 67,090 | | |
| | | 80,000 | | | | A | | |
Series A, 5.000% due 2/1/33
|
| | | | 82,558 | | |
| | | 325,000 | | | | A | | |
Series B, 5.000% due 11/1/26
|
| | | | 343,023 | | |
| | | 35,000 | | | | A1(b) | | |
Series D, 5.000% due 5/1/26
|
| | | | 36,540 | | |
| | | 30,000 | | | | A1(b) | | |
Series D, 5.000% due 5/1/27
|
| | | | 31,986 | | |
| | | 30,000 | | | | A1(b) | | |
Series D, 5.000% due 5/1/28
|
| | | | 31,930 | | |
| | | 2,000,000 | | | | AA | | |
Louisville & Jefferson County Metropolitan Sewer District, Revenue Bonds,
Series A, 3.000% due 5/15/44 |
| | | | 1,635,130 | | |
| | | | | | | | | | Louisville/Jefferson County Metropolitan Government, Revenue Bonds: | | | | | | | |
| | | 200,000 | | | | A | | |
5.000% due 10/1/47(c)
|
| | | | 217,607 | | |
| | | 525,000 | | | | A | | |
Series A, 5.000% due 10/1/29
|
| | | | 544,906 | | |
| | | | | | | | | |
Total Kentucky
|
| | | | 8,863,073 | | |
| Louisiana – 1.2% | | |||||||||||||||
| | | 2,500,000 | | | | AA- | | |
East Baton Rouge Sewerage Commission, Revenue Bonds, Series A, 4.000%
due 2/1/45 |
| | | | 2,485,644 | | |
| | | 265,000 | | | | AA+ | | |
Lafayette Parish School Board Sale Tax Revenue, Revenue Bonds, 5.000%
due 4/1/37 |
| | | | 303,755 | | |
| | | 2,800,000 | | | | A1(b) | | |
Louisiana Local Government Environmental Facilities & Community
Development Auth, Revenue Bonds, 5.000% due 8/15/37 |
| | | | 2,915,118 | | |
| | | 1,500,000 | | | | AA | | |
Louisiana Local Government Environmental Facilities & Community
Development Authority, Revenue Bonds, 5.000% due 10/1/26 |
| | | | 1,567,931 | | |
| | | 1,000,000 | | | | BB- | | |
Parish of St James LA, Revenue Bonds, Series 2, 6.350% due 10/1/40(d)
|
| | | | 1,089,402 | | |
| | | 450,000 | | | | BBB- | | |
Parish of St John the Baptist LA, Revenue Bonds, 4.050% due 6/1/37(c)
|
| | | | 446,337 | | |
|
Face Amount/Units
|
| |
Rating††
|
| |
Security
|
| |
Value
|
| ||||||
| MUNICIPAL BONDS – (continued) | | |||||||||||||||
| Louisiana – (continued) | | |||||||||||||||
| | $ | 1,000,000 | | | | A2(b) | | |
St John the Baptist Parish School District No 1, GO, 5.250% due 3/1/37
|
| | | $ | 1,105,055 | | |
| | | | | | | | | |
Total Louisiana
|
| | | | 9,913,242 | | |
| Maine – 0.3% | | |||||||||||||||
| | | 2,500,000 | | | | AA+ | | |
Maine State Housing Authority, Revenue Bonds, Series B, 3.150% due
11/15/39 |
| | | | 2,268,798 | | |
| Maryland – 1.7% | | |||||||||||||||
| | | 600,000 | | | | NR | | |
Anne Arundel County Consolidated Special Taxing District, Special Tax,
5.125% due 7/1/36 |
| | | | 601,388 | | |
| | | | | | | | | | City of Baltimore MD, Revenue Bonds: | | | | | | | |
| | | 105,000 | | | | AA- | | |
Series C, 5.000% due 7/1/28
|
| | | | 110,825 | | |
| | | 195,000 | | | | AA- | | |
Series C, 5.000% due 7/1/31
|
| | | | 205,752 | | |
| | | 200,000 | | | | AA- | | |
Series C, 5.000% due 7/1/33
|
| | | | 210,424 | | |
| | | 5,805,000 | | | | AAA | | |
County of Prince George’s MD, GO, Series A, 5.000% due 7/15/29
|
| | | | 6,400,082 | | |
| | | | | | | | | | Maryland Community Development Administration, Revenue Bonds: | | | | | | | |
| | | 175,000 | | | | Aa1(b) | | |
Series B, 4.000% due 9/1/49
|
| | | | 174,189 | | |
| | | 170,000 | | | | Aa1(b) | | |
Series C, 3.500% due 3/1/50
|
| | | | 167,392 | | |
| | | 320,000 | | | | Aa1(b) | | |
Series C, 5.000% due 9/1/28
|
| | | | 345,462 | | |
| | | 390,000 | | | | BB | | |
Maryland Economic Development Corp., Revenue Bonds, 5.750% due
9/1/25 |
| | | | 392,659 | | |
| | | 2,000,000 | | | | NR | | |
Maryland Economic Development Corp., Special Tax, 4.000% due 9/1/50
|
| | | | 1,693,005 | | |
| | | 1,405,000 | | | | Baa3(b) | | |
Maryland Health & Higher Educational Facilities Authority, Revenue Bonds,
Series A, 5.500% due 1/1/46 |
| | | | 1,426,892 | | |
| | | 3,000,000 | | | | AAA | | |
State of Maryland Department of Transportation, Revenue Bonds, 3.500%
due 10/1/33 |
| | | | 2,982,765 | | |
| | | | | | | | | |
Total Maryland
|
| | | | 14,710,835 | | |
| Massachusetts – 1.4% | | |||||||||||||||
| | | | | | | | | | Commonwealth of Massachusetts, GO: | | | | | | | |
| | | 2,640,000 | | | | AA+ | | |
5.000% due 5/1/41
|
| | | | 2,997,458 | | |
| | | 1,500,000 | | | | AA+ | | |
Series E, 5.000% due 11/1/45
|
| | | | 1,656,656 | | |
| | | 2,500,000 | | | | AA+ | | |
Massachusetts Bay Transportation Authority Sales Tax Revenue, Revenue
Bonds, Series A, Prerefunded 7/1/24@ 100, 5.000% due 7/1/37(e) |
| | | | 2,513,381 | | |
| | | | | | | | | | Massachusetts Development Finance Agency, Revenue Bonds: | | | | | | | |
| | | 1,000,000 | | | | AA- | | |
5.000% due 7/1/35
|
| | | | 1,040,586 | | |
| | | 2,500,000 | | | | AAA | | |
Series A, 4.000% due 7/15/36
|
| | | | 2,539,563 | | |
| | | 585,000 | | | | A+ | | |
Series S1, 5.000% due 10/1/24
|
| | | | 590,627 | | |
| | | 500,000 | | | | AA | | |
Massachusetts Port Authority, Revenue Bonds, Series E, 5.000% due
7/1/31(a) |
| | | | 558,336 | | |
| | | | | | | | | |
Total Massachusetts
|
| | | | 11,896,607 | | |
|
Face Amount/Units
|
| |
Rating††
|
| |
Security
|
| |
Value
|
| ||||||
| MUNICIPAL BONDS – (continued) | | |||||||||||||||
| Michigan – 1.0% | | |||||||||||||||
| | $ | 160,000 | | | | AA | | |
City of Detroit MI Sewage Disposal System Revenue, Revenue Bonds,
Series D, AGM-Insured, 4.346% due 7/1/32(c) |
| | | $ | 153,359 | | |
| | | 2,155,000 | | | | AA+ | | |
County of Kalamazoo MI, GO, 3.000% due 5/1/32
|
| | | | 2,143,385 | | |
| | | | | | | | | | Grand Rapids Public Schools, GO, AGM: | | | | | | | |
| | | 40,000 | | | | AA | | |
5.000% due 5/1/27
|
| | | | 42,586 | | |
| | | 55,000 | | | | AA | | |
5.000% due 5/1/29
|
| | | | 58,335 | | |
| | | 100,000 | | | | AA | | |
5.000% due 5/1/30
|
| | | | 103,580 | | |
| | | 145,000 | | | | AA | | |
5.000% due 5/1/31
|
| | | | 149,946 | | |
| | | 20,000 | | | | AA | | |
5.000% due 5/1/32
|
| | | | 20,661 | | |
| | | 90,000 | | | | AA | | |
5.000% due 5/1/33
|
| | | | 93,032 | | |
| | | 750,000 | | | | Aa3(b) | | |
Michigan Finance Authority, Revenue Bonds, 5.000% due 11/1/24
|
| | | | 758,824 | | |
| | | | | | | | | | Michigan State Building Authority, Revenue Bonds: | | | | | | | |
| | | 495,000 | | | | AA- | | |
Series I, 5.000% due 10/15/34
|
| | | | 519,344 | | |
| | | 80,000 | | | | AA- | | |
Series I, 5.000% due 4/15/35
|
| | | | 83,881 | | |
| | | 500,000 | | | | BB | | |
Michigan Strategic Fund, Revenue Bonds, 4.000% due 10/1/61(a)(c)
|
| | | | 501,080 | | |
| | | 60,000 | | | | Aa3(b) | | |
Royal Oak Hospital Finance Authority, Revenue Bonds, Series Prerefunded
3/1/24@ 100, 5.000% due 9/1/24(e) |
| | | | 60,000 | | |
| | | 1,500,000 | | | | Aa1(b) | | |
State of Michigan, GO, Series A, 4.000% due 5/15/38
|
| | | | 1,546,339 | | |
| | | 1,295,000 | | | | Aa1(b) | | |
Thornapple Kellogg School District, GO, 5.000% due 5/1/43
|
| | | | 1,377,877 | | |
| | | | | | | | | | Warren Consolidated Schools, GO: | | | | | | | |
| | | 130,000 | | | | AA | | |
5.000% due 5/1/30
|
| | | | 135,068 | | |
| | | 140,000 | | | | AA | | |
5.000% due 5/1/31
|
| | | | 144,983 | | |
| | | 145,000 | | | | AA | | |
5.000% due 5/1/32
|
| | | | 150,375 | | |
| | | 620,000 | | | | A | | |
Wayne County Airport Authority, Revenue Bonds, Series B, 5.000% due
12/1/29(a) |
| | | | 652,635 | | |
| | | | | | | | | |
Total Michigan
|
| | | | 8,695,290 | | |
| Minnesota – 1.5% | | |||||||||||||||
| | | 2,500,000 | | | | AAA | | |
Metropolitan Council, GO, Series I, 3.000% due 3/1/27
|
| | | | 2,499,970 | | |
| | | | | | | | | | State of Minnesota, GO: | | | | | | | |
| | | 5,000,000 | | | | AAA | | |
Series A, 5.000% due 8/1/37
|
| | | | 5,433,734 | | |
| | | 4,835,000 | | | | AAA | | |
Series B, 5.000% due 8/1/27
|
| | | | 5,220,359 | | |
| | | | | | | | | |
Total Minnesota
|
| | | | 13,154,063 | | |
| Mississippi – 0.8% | | |||||||||||||||
| | | 1,500,000 | | | | NR | | |
Mississippi Business Finance Corp., Revenue Bonds, 5.000% due
2/1/36(a)(c)(d) |
| | | | 1,463,262 | | |
| | | | | | | | | | Mississippi Hospital Equipment & Facilities Authority, Revenue Bonds: | | | | | | | |
| | | 435,000 | | | | A3(b) | | |
Series A, 5.000% due 1/1/34
|
| | | | 469,831 | | |
| | | 225,000 | | | | A3(b) | | |
Series B, 5.000% due 1/1/30
|
| | | | 245,437 | | |
|
Face Amount/Units
|
| |
Rating††
|
| |
Security
|
| |
Value
|
| ||||||
| MUNICIPAL BONDS – (continued) | | |||||||||||||||
| Mississippi – (continued) | | |||||||||||||||
| | | | | | | | | | State of Mississippi, GO: | | | | | | | |
| | $ | 160,000 | | | | AA | | |
Series A, 5.000% due 10/1/30
|
| | | $ | 171,814 | | |
| | | 4,000,000 | | | | AA | | |
Series C, 5.000% due 10/1/35
|
| | | | 4,353,528 | | |
| | | | | | | | | |
Total Mississippi
|
| | | | 6,703,872 | | |
| Missouri – 1.3% | | |||||||||||||||
| | | 2,550,000 | | | | AA+ | | |
Grain Valley No R-V School District, GO, Series A, 5.000% due 3/1/35
|
| | | | 2,723,549 | | |
| | | 2,500,000 | | | | AAA | | |
Metropolitan St Louis Sewer District, Revenue Bonds, Series A, 5.000% due
5/1/37 |
| | | | 2,644,594 | | |
| | | 2,100,000 | | | | AA- | | |
Missouri Development Finance Board, Revenue Bonds, 5.500% due
5/1/41 |
| | | | 2,359,728 | | |
| | | 3,450,000 | | | | AA+ | | |
Missouri Highway & Transportation Commission, Revenue Bonds, 5.000%
due 5/1/25 |
| | | | 3,526,390 | | |
| | | 50,000 | | | | AA+ | | |
Missouri Housing Development Commission, Revenue Bonds, Series B,
4.000% due 5/1/50 |
| | | | 49,797 | | |
| | | | | | | | | |
Total Missouri
|
| | | | 11,304,058 | | |
| Montana – 0.2% | | |||||||||||||||
| | | | | | | | | | Montana Board of Housing, Revenue Bonds: | | | | | | | |
| | | 20,000 | | | | AA+ | | |
Series A1, 4.000% due 12/1/47(a)
|
| | | | 19,905 | | |
| | | 25,000 | | | | AA+ | | |
Series B, 4.000% due 6/1/50
|
| | | | 24,877 | | |
| | | | | | | | | | Montana Facility Finance Authority, Revenue Bonds: | | | | | | | |
| | | 60,000 | | | | A+(f) | | |
5.000% due 2/15/25
|
| | | | 60,695 | | |
| | | 90,000 | | | | A+(f) | | |
5.000% due 2/15/26
|
| | | | 92,280 | | |
| | | 1,390,000 | | | | AA | | |
Yellowstone & Carbon Counties School District No 7-70 Laurel, GO,
5.000% due 7/1/42 |
| | | | 1,542,743 | | |
| | | | | | | | | |
Total Montana
|
| | | | 1,740,500 | | |
| Nebraska – 0.4% | | |||||||||||||||
| | | | | | | | | | Nebraska Investment Finance Authority, Revenue Bonds: | | | | | | | |
| | | 130,000 | | | | AAA | | |
Series B, 4.000% due 9/1/49(a)
|
| | | | 128,702 | | |
| | | 120,000 | | | | AAA | | |
Series E, 3.750% due 9/1/49(a)
|
| | | | 118,531 | | |
| | | | | | | | | | Nebraska Public Power District, Revenue Bonds: | | | | | | | |
| | | 115,000 | | | | A+ | | |
Series B, 5.000% due 1/1/31
|
| | | | 118,612 | | |
| | | 125,000 | | | | A+ | | |
Series B, 5.000% due 1/1/34
|
| | | | 128,344 | | |
| | | 155,000 | | | | A+ | | |
Series B, 5.000% due 1/1/36
|
| | | | 158,788 | | |
| | | 1,815,000 | | | | A2(b) | | |
Public Power Generation Agency, Revenue Bonds, 5.000% due 1/1/41
|
| | | | 1,859,502 | | |
| | | 1,000,000 | | | | Aa3(b) | | |
Ralston Public Schools, GO, 5.000% due 12/15/43
|
| | | | 1,110,397 | | |
| | | | | | | | | |
Total Nebraska
|
| | | | 3,622,876 | | |
| Nevada – 0.8% | | |||||||||||||||
| | | 2,000,000 | | | | AA- | | |
Clark County School District, GO, Series A, 5.000% due 6/15/39
|
| | | | 2,233,726 | | |
|
Face Amount/Units
|
| |
Rating††
|
| |
Security
|
| |
Value
|
| ||||||
| MUNICIPAL BONDS – (continued) | | |||||||||||||||
| Nevada – (continued) | | |||||||||||||||
| | $ | 1,520,000 | | | | AAA | | |
Clark County Water Reclamation District, GO, 4.000% due 7/1/35
|
| | | $ | 1,532,376 | | |
| | | 2,750,000 | | | | AA+ | | |
County of Clark NV, GO, Series B, 4.000% due 11/1/34
|
| | | | 2,801,615 | | |
| | | | | | | | | | Las Vegas Valley Water District, GO: | | | | | | | |
| | | 85,000 | | | | AA | | |
Series A, 5.000% due 6/1/32
|
| | | | 88,535 | | |
| | | 145,000 | | | | AA | | |
Series A, 5.000% due 6/1/33
|
| | | | 150,999 | | |
| | | 155,000 | | | | AA | | |
Series A, 5.000% due 6/1/34
|
| | | | 161,379 | | |
| | | 65,000 | | | | AA+ | | |
Nevada Housing Division, Revenue Bonds, Series B, 4.000% due 10/1/49
|
| | | | 64,714 | | |
| | | | | | | | | |
Total Nevada
|
| | | | 7,033,344 | | |
| New Hampshire – 0.3% | | |||||||||||||||
| | | | | | | | | | New Hampshire Business Finance Authority, Revenue Bonds: | | | | | | | |
| | | 1,000,000 | | | | B+ | | |
2.950% due 4/1/29(a)(d)
|
| | | | 920,922 | | |
| | | 740,000 | | | | A- | | |
Series A2, zero coupon, due 7/1/27(a)(c)
|
| | | | 735,028 | | |
| | | | | | | | | |
New Hampshire Health & Education Facilities Authority Act, Revenue
Bonds: |
| | | | | | |
| | | 25,000 | | | | A- | | |
4.000% due 10/1/38
|
| | | | 24,119 | | |
| | | 35,000 | | | | BBB- | | |
5.000% due 7/1/26
|
| | | | 35,011 | | |
| | | 135,000 | | | | A- | | |
5.000% due 10/1/26
|
| | | | 139,860 | | |
| | | 145,000 | | | | A- | | |
5.000% due 10/1/27
|
| | | | 149,951 | | |
| | | 60,000 | | | | A- | | |
5.000% due 10/1/28
|
| | | | 61,997 | | |
| | | 210,000 | | | | A- | | |
5.000% due 10/1/30
|
| | | | 217,259 | | |
| | | | | | | | | |
Total New Hampshire
|
| | | | 2,284,147 | | |
| New Jersey – 1.9% | | |||||||||||||||
| | | | | | | | | | New Jersey Economic Development Authority, Revenue Bonds: | | | | | | | |
| | | 850,000 | | | | A- | | |
5.000% due 11/1/34
|
| | | | 938,021 | | |
| | | 1,000,000 | | | | A- | | |
Series EEE, 5.000% due 6/15/30
|
| | | | 1,092,666 | | |
| | | 580,000 | | | | A- | | |
Series XX, Prerefunded 6/15/25@ 100, 5.000% due 6/15/26(e)
|
| | | | 594,521 | | |
| | | | | | | | | | New Jersey Health Care Facilities Financing Authority, Revenue Bonds: | | | | | | | |
| | | 620,000 | | | | AA- | | |
Series B2, 5.000% due 7/1/42(c)
|
| | | | 633,352 | | |
| | | 625,000 | | | | AA- | | |
Series B3, 5.000% due 7/1/45(c)
|
| | | | 646,859 | | |
| | | 100,000 | | | | AAA | | |
New Jersey Higher Education Student Assistance Authority, Revenue Bonds,
Series 1A, 5.000% due 12/1/24(a) |
| | | | 101,067 | | |
| | | | | | | | | | New Jersey Transportation Trust Fund Authority, Revenue Bonds: | | | | | | | |
| | | 5,000,000 | | | | A+ | | |
5.000% due 6/15/24
|
| | | | 5,021,322 | | |
| | | 435,000 | | | | A+ | | |
5.000% due 6/15/27
|
| | | | 454,985 | | |
| | | 1,320,000 | | | | A- | | |
5.000% due 12/15/28
|
| | | | 1,449,398 | | |
| | | 200,000 | | | | A- | | |
5.000% due 12/15/39
|
| | | | 215,929 | | |
| | | 870,000 | | | | A- | | |
Series A, zero coupon, due 12/15/27
|
| | | | 771,836 | | |
|
Face Amount/Units
|
| |
Rating††
|
| |
Security
|
| |
Value
|
| ||||||
| MUNICIPAL BONDS – (continued) | | |||||||||||||||
| New Jersey – (continued) | | |||||||||||||||
| | $ | 195,000 | | | | A- | | |
Series A, zero coupon, due 12/15/28
|
| | | $ | 167,666 | | |
| | | 220,000 | | | | A- | | |
Series A, 5.000% due 12/15/33
|
| | | | 238,963 | | |
| | | 2,000,000 | | | | A- | | |
Series A, 5.000% due 12/15/34
|
| | | | 2,167,223 | | |
| | | 360,000 | | | | A- | | |
Series AA, 5.000% due 6/15/25
|
| | | | 361,432 | | |
| | | 215,000 | | | | A- | | |
Series AA, 5.000% due 6/15/26
|
| | | | 215,638 | | |
| | | 1,525,000 | | | | AA- | | |
New Jersey Turnpike Authority, Revenue Bonds, Series B, 5.000% due
1/1/46 |
| | | | 1,697,225 | | |
| | | | | | | | | |
Total New Jersey
|
| | | | 16,768,103 | | |
| New Mexico – 0.1% | | |||||||||||||||
| | | 490,000 | | | | AA | | |
New Mexico Hospital Equipment Loan Council, Revenue Bonds, Series B,
5.000% due 8/1/49(c) |
| | | | 500,040 | | |
| | | 115,000 | | | | Aaa(b) | | |
New Mexico Mortgage Finance Authority, Revenue Bonds, Series D,
3.750% due 1/1/50 |
| | | | 113,707 | | |
| | | | | | | | | |
Total New Mexico
|
| | | | 613,747 | | |
| New York – 9.7% | | |||||||||||||||
| | | 1,430,000 | | | | Ba1(b) | | |
Brooklyn Arena Local Development Corp., Revenue Bonds, zero coupon,
due 7/15/46 |
| | | | 485,409 | | |
| | | | | | | | | | City of New York NY, GO: | | | | | | | |
| | | 1,000,000 | | | | AA | | |
Series A, 5.000% due 8/1/40
|
| | | | 1,136,610 | | |
| | | 2,035,000 | | | | AA | | |
Series B1, 5.000% due 12/1/38
|
| | | | 2,122,845 | | |
| | | 2,500,000 | | | | AA | | |
Series B1, 5.000% due 12/1/41
|
| | | | 2,592,626 | | |
| | | 500,000 | | | | AA | | |
Series B1, 5.250% due 10/1/41
|
| | | | 569,640 | | |
| | | 5,000,000 | | | | AA | | |
Series D1, 5.000% due 12/1/34
|
| | | | 5,470,634 | | |
| | | 1,000,000 | | | | AA | | |
Series F1, 5.000% due 4/1/43
|
| | | | 1,053,911 | | |
| | | | | | | | | | Hudson Yards Infrastructure Corp., Revenue Bonds: | | | | | | | |
| | | 115,000 | | | | AA | | |
Series A, 5.000% due 2/15/32
|
| | | | 121,953 | | |
| | | 215,000 | | | | AA | | |
Series A, 5.000% due 2/15/35
|
| | | | 227,665 | | |
| | | | | | | | | | Long Island Power Authority, Revenue Bonds: | | | | | | | |
| | | 1,020,000 | | | | A | | |
Series B, 1.650% due 9/1/49(c)
|
| | | | 1,007,403 | | |
| | | 40,000 | | | | A | | |
Series B, 5.000% due 9/1/24
|
| | | | 40,361 | | |
| | | | | | | | | | Metropolitan Transportation Authority, Revenue Bonds: | | | | | | | |
| | | 1,780,000 | | | | AA | | |
Series A, 5.250% due 11/15/27
|
| | | | 1,896,744 | | |
| | | 125,000 | | | | A- | | |
Series A1, 5.000% due 11/15/35
|
| | | | 126,981 | | |
| | | 145,000 | | | | A- | | |
Series A1, 5.000% due 11/15/36
|
| | | | 147,128 | | |
| | | 245,000 | | | | A- | | |
Series A2, 5.000% due 11/15/29
|
| | | | 259,807 | | |
| | | 270,000 | | | | A- | | |
Series B, 5.000% due 11/15/30
|
| | | | 282,359 | | |
| | | 290,000 | | | | A- | | |
Series C1, 5.000% due 11/15/27
|
| | | | 304,501 | | |
| | | 685,000 | | | | A- | | |
Series C1, 5.000% due 11/15/28
|
| | | | 704,414 | | |
|
Face Amount/Units
|
| |
Rating††
|
| |
Security
|
| |
Value
|
| ||||||
| MUNICIPAL BONDS – (continued) | | |||||||||||||||
| New York – (continued) | | |||||||||||||||
| | $ | 300,000 | | | | A- | | |
Series C1, 5.000% due 11/15/31
|
| | | $ | 322,128 | | |
| | | 415,000 | | | | A- | | |
Series D1, 5.000% due 11/15/30
|
| | | | 418,802 | | |
| | | 370,000 | | | | A3(b) | | |
MTA Hudson Rail Yards Trust Obligations, Revenue Bonds, Series A,
5.000% due 11/15/51 |
| | | | 369,449 | | |
| | | 250,000 | | | | CCC+ | | |
Nassau County Tobacco Settlement Corp., Revenue Bonds, Series A3,
5.000% due 6/1/35 |
| | | | 237,790 | | |
| | | | | | | | | | New York City Municipal Water Finance Authority, Revenue Bonds: | | | | | | | |
| | | 2,685,000 | | | | AA+ | | |
5.000% due 6/15/41
|
| | | | 2,950,487 | | |
| | | 1,945,000 | | | | AA+ | | |
Series EE, 5.000% due 6/15/45
|
| | | | 2,057,695 | | |
| | | 3,000,000 | | | | AAA | | |
New York City Transitional Finance Authority, Revenue Bonds, Series F1,
5.000% due 2/1/41 |
| | | | 3,423,559 | | |
| | | | | | | | | |
New York City Transitional Finance Authority Future Tax Secured Revenue,
Revenue Bonds: |
| | | | | | |
| | | 1,500,000 | | | | AAA | | |
Series A1, 4.000% due 11/1/37
|
| | | | 1,564,376 | | |
| | | 3,200,000 | | | | AAA | | |
Series A1, 5.000% due 8/1/41
|
| | | | 3,592,476 | | |
| | | 2,185,000 | | | | AAA | | |
Series A1, 5.000% due 8/1/43
|
| | | | 2,424,220 | | |
| | | 1,775,000 | | | | AAA | | |
Series B1, 5.000% due 11/1/36
|
| | | | 1,778,626 | | |
| | | 275,000 | | | | AAA | | |
Series C2, 5.000% due 5/1/32
|
| | | | 298,587 | | |
| | | 1,000,000 | | | | AAA | | |
Series C3, 5.000% due 5/1/41
|
| | | | 1,057,789 | | |
| | | 1,000,000 | | | | AAA | | |
Series E1, 5.000% due 2/1/31
|
| | | | 1,014,943 | | |
| | | 1,700,000 | | | | AAA | | |
Series F1, 5.000% due 2/1/41
|
| | | | 1,918,551 | | |
| | | | | | | | | | New York Liberty Development Corp., Revenue Bonds: | | | | | | | |
| | | 2,000,000 | | | | NR | | |
5.000% due 11/15/44(d)
|
| | | | 2,000,124 | | |
| | | 1,750,000 | | | | AA- | | |
Series 1WTC, 2.750% due 2/15/44
|
| | | | 1,322,166 | | |
| | | | | | | | | | New York State Dormitory Authority, Revenue Bonds: | | | | | | | |
| | | 1,000,000 | | | | B- | | |
4.000% due 7/1/45
|
| | | | 704,626 | | |
| | | 1,000,000 | | | | BBB- | | |
Series A, 5.000% due 7/15/42
|
| | | | 1,016,928 | | |
| | | 4,000,000 | | | | Aa1(b) | | |
Series A, 5.250% due 3/15/38
|
| | | | 4,354,968 | | |
| | | 225,000 | | | | A- | | |
Series B2, 5.000% due 5/1/48(c)
|
| | | | 225,214 | | |
| | | 250,000 | | | | A- | | |
Series B3, 5.000% due 5/1/48(c)
|
| | | | 255,892 | | |
| | | | | | | | | | New York State Urban Development Corp., Revenue Bonds: | | | | | | | |
| | | 1,250,000 | | | | AA+ | | |
Series A, 3.000% due 3/15/50
|
| | | | 973,548 | | |
| | | 80,000 | | | | AA+ | | |
Series A, 5.000% due 3/15/32
|
| | | | 84,395 | | |
| | | 3,500,000 | | | | AA+ | | |
Series A, 5.000% due 3/15/38
|
| | | | 3,658,562 | | |
| | | | | | | | | | New York Transportation Development Corp., Revenue Bonds: | | | | | | | |
| | | 2,000,000 | | | | Baa1(b) | | |
5.000% due 12/1/36(a)
|
| | | | 2,154,759 | | |
| | | 2,500,000 | | | | Baa1(b) | | |
5.000% due 12/1/37(a)
|
| | | | 2,671,008 | | |
| | | 1,500,000 | | | | Baa3(b) | | |
5.375% due 6/30/60(a)
|
| | | | 1,573,862 | | |
|
Face Amount/Units
|
| |
Rating††
|
| |
Security
|
| |
Value
|
| ||||||
| MUNICIPAL BONDS – (continued) | | |||||||||||||||
| New York – (continued) | | |||||||||||||||
| | $ | 1,500,000 | | | | BB+ | | |
5.625% due 4/1/40(a)
|
| | | $ | 1,626,943 | | |
| | | 1,500,000 | | | | BB+ | | |
6.000% due 4/1/35(a)
|
| | | | 1,691,056 | | |
| | | 1,000,000 | | | | Baa3(b) | | |
6.000% due 6/30/54(a)
|
| | | | 1,100,811 | | |
| | | 1,500,000 | | | | B | | |
Niagara Area Development Corp., Revenue Bonds, Series A, 4.750% due
11/1/42(a)(d) |
| | | | 1,298,675 | | |
| | | | | | | | | | Port Authority of New York & New Jersey, Revenue Bonds: | | | | | | | |
| | | 1,160,000 | | | | AA- | | |
5.000% due 1/15/39(a)
|
| | | | 1,270,935 | | |
| | | 5,000,000 | | | | AA- | | |
Series 207, 5.000% due 9/15/24(a)
|
| | | | 5,037,631 | | |
| | | 2,500,000 | | | | AA- | | |
Series 207, 5.000% due 9/15/29(a)
|
| | | | 2,655,093 | | |
| | | 1,750,000 | | | | AA- | | |
Series 207, 5.000% due 9/15/31(a)
|
| | | | 1,856,446 | | |
| | | 400,000 | | | | AA+ | | |
Sales Tax Asset Receivable Corp., Revenue Bonds, Series A, Prerefunded
10/15/24@ 100, 4.000% due 10/15/32(e) |
| | | | 402,228 | | |
| | | 60,000 | | | | Aa1(b) | | |
State of New York Mortgage Agency Homeowner Mortgage Revenue,
Revenue Bonds, Series 221, 3.500% due 10/1/32(a) |
| | | | 58,807 | | |
| | | 2,000,000 | | | | AA- | | |
Triborough Bridge & Tunnel Authority, Revenue Bonds, 5.000% due
11/15/25 |
| | | | 2,070,576 | | |
| | | 1,500,000 | | | | NR | | |
TSASC Inc., Revenue Bonds, 5.000% due 6/1/48
|
| | | | 1,355,535 | | |
| | | | | | | | | |
Total New York
|
| | | | 83,401,257 | | |
| North Carolina – 0.1% | | |||||||||||||||
| | | 1,000,000 | | | | AAA | | |
County of Wake NC, GO, Series C, 5.000% due 2/1/28
|
| | | | 1,092,069 | | |
| | | 105,000 | | | | Aa3(b) | | |
Raleigh Durham Airport Authority, Revenue Bonds, Series A, 5.000% due
5/1/29(a) |
| | | | 113,866 | | |
| | | | | | | | | |
Total North Carolina
|
| | | | 1,205,935 | | |
| Ohio – 2.0% | | |||||||||||||||
| | | 3,945,000 | | | | NR | | |
Buckeye Tobacco Settlement Financing Authority, Revenue Bonds,
Series B2, 5.000% due 6/1/55 |
| | | | 3,759,163 | | |
| | | 3,000,000 | | | | BB+ | | |
Cleveland-Cuyahoga County Port Authority, Revenue Bonds, 5.500% due
12/1/43 |
| | | | 3,040,901 | | |
| | | 5,000 | | | | NR | | |
Columbus City School District, GO, Series Prerefunded 6/1/26@ 100,
5.000% due 12/1/32(e) |
| | | | 5,217 | | |
| | | 875,000 | | | | BBB-(f) | | |
County of Hamilton OH, Revenue Bonds, 5.500% due 1/1/43
|
| | | | 896,431 | | |
| | | 140,000 | | | | BB+ | | |
County of Muskingum OH, Revenue Bonds, 5.000% due 2/15/44
|
| | | | 129,714 | | |
| | | 1,000,000 | | | | NR | | |
County of Washington OH, Revenue Bonds, 6.625% due 12/1/42
|
| | | | 1,079,911 | | |
| | | | | | | | | | Jefferson County Port Authority, Revenue Bonds: | | | | | | | |
| | | 2,750,000 | | | | Ba1(b) | | |
3.500% due 12/1/51(a)(d)
|
| | | | 2,093,764 | | |
| | | 1,000,000 | | | | Ba1(b) | | |
5.000% due 12/1/53(a)(c)(d)
|
| | | | 1,015,261 | | |
| | | 1,500,000 | | | | B- | | |
Ohio Air Quality Development Authority, Revenue Bonds, 5.000% due
7/1/49(a)(d) |
| | | | 1,363,779 | | |
|
Face Amount/Units
|
| |
Rating††
|
| |
Security
|
| |
Value
|
| ||||||
| MUNICIPAL BONDS – (continued) | | |||||||||||||||
| Ohio – (continued) | | |||||||||||||||
| | $ | 40,000 | | | | Aaa(b) | | |
Ohio Housing Finance Agency, Revenue Bonds, Series B, 4.500% due
3/1/50 |
| | | $ | 40,190 | | |
| | | 2,550,000 | | | | AA | | |
Ohio State University, Revenue Bonds, Series A, 5.000% due 12/1/39
|
| | | | 2,567,310 | | |
| | | 1,000,000 | | | | AAA | | |
State of Ohio, GO, Series A, 5.000% due 3/1/28
|
| | | | 1,093,033 | | |
| | | | | | | | | |
Total Ohio
|
| | | | 17,084,674 | | |
| Oklahoma – 1.9% | | |||||||||||||||
| | | 500,000 | | | | A+ | | |
Canadian County Educational Facilities Authority, Revenue Bonds, 5.000%
due 9/1/26 |
| | | | 523,352 | | |
| | | | | | | | | | Creek County Educational Facilities Authority, Revenue Bonds: | | | | | | | |
| | | 850,000 | | | | AA | | |
5.000% due 9/1/38(h)
|
| | | | 975,442 | | |
| | | 800,000 | | | | AA | | |
5.000% due 9/1/39(h)
|
| | | | 914,907 | | |
| | | 1,150,000 | | | | AA | | |
5.000% due 9/1/40(h)
|
| | | | 1,304,731 | | |
| | | 2,000,000 | | | | AA- | | |
Grand River Dam Authority, Revenue Bonds, 5.000% due 6/1/42
|
| | | | 2,228,090 | | |
| | | 3,300,000 | | | | AA- | | |
Oklahoma Capitol Improvement Authority, Revenue Bonds, Series A,
5.000% due 7/1/30 |
| | | | 3,309,934 | | |
| | | 2,500,000 | | | | AA | | |
Oklahoma County Independent School District No 89 Oklahoma City, GO,
Series A, 1.250% due 7/1/26(h) |
| | | | 2,360,437 | | |
| | | | | | | | | | Oklahoma Development Finance Authority, Revenue Bonds: | | | | | | | |
| | | 2,000,000 | | | | BB- | | |
Series B, 5.500% due 8/15/52
|
| | | | 2,032,192 | | |
| | | 825,000 | | | | BB- | | |
Series B, 5.500% due 8/15/57
|
| | | | 836,815 | | |
| | | | | | | | | | Oklahoma Municipal Power Authority, Revenue Bonds: | | | | | | | |
| | | 50,000 | | | | A | | |
Series A, Prerefunded 1/1/25@ 100, 5.000% due 1/1/26(e)
|
| | | | 50,773 | | |
| | | 175,000 | | | | A | | |
Series A, Prerefunded 1/1/25@ 100, 5.000% due 1/1/27(e)
|
| | | | 177,705 | | |
| | | 60,000 | | | | A | | |
Series A, Prerefunded 1/1/25@ 100, 5.000% due 1/1/28(e)
|
| | | | 60,927 | | |
| | | 45,000 | | | | A | | |
Series A, Prerefunded 1/1/25@ 100, 5.000% due 1/1/29(e)
|
| | | | 45,695 | | |
| | | 60,000 | | | | A | | |
Series B, 5.000% due 1/1/27
|
| | | | 60,746 | | |
| | | | | | | | | | Tulsa Airports Improvement Trust, Revenue Bonds: | | | | | | | |
| | | 1,000,000 | | | | B+ | | |
5.000% due 6/1/35(a)(c)
|
| | | | 1,001,874 | | |
| | | 525,000 | | | | NR | | |
Series A, 5.500% due 6/1/35(a)
|
| | | | 525,070 | | |
| | | | | | | | | |
Total Oklahoma
|
| | | | 16,408,690 | | |
| Oregon – 1.1% | | |||||||||||||||
| | | 85,000 | | | | Aa1(b) | | |
Hillsboro School District No 1J, GO, 5.000% due 6/15/30
|
| | | | 90,788 | | |
| | | | | | | | | | Oregon State Lottery, Revenue Bonds: | | | | | | | |
| | | 4,850,000 | | | | AAA | | |
Series A, 5.000% due 4/1/43
|
| | | | 5,432,915 | | |
| | | 3,000,000 | | | | AAA | | |
Series D, 5.000% due 4/1/29
|
| | | | 3,055,465 | | |
| | | | | | | | | | Port of Portland OR Airport Revenue, Revenue Bonds: | | | | | | | |
| | | 300,000 | | | | AA- | | |
5.000% due 7/1/28(a)
|
| | | | 320,665 | | |
| | | 165,000 | | | | AA- | | |
5.000% due 7/1/29
|
| | | | 180,526 | | |
|
Face Amount/Units
|
| |
Rating††
|
| |
Security
|
| |
Value
|
| ||||||
| MUNICIPAL BONDS – (continued) | | |||||||||||||||
| Oregon – (continued) | | |||||||||||||||
| | $ | 205,000 | | | | AA- | | |
Series 24B, 5.000% due 7/1/32(a)
|
| | | $ | 212,861 | | |
| | | | | | | | | |
Total Oregon
|
| | | | 9,293,220 | | |
| Pennsylvania – 2.9% | | |||||||||||||||
| | | 1,000,000 | | | | BB- | | |
Bucks County Industrial Development Authority, Revenue Bonds, 4.000%
due 7/1/51 |
| | | | 741,526 | | |
| | | | | | | | | | City of Philadelphia PA, GO: | | | | | | | |
| | | 85,000 | | | | A | | |
Series B, 5.000% due 8/1/27
|
| | | | 86,833 | | |
| | | 300,000 | | | | A | | |
Series B, 5.000% due 8/1/29
|
| | | | 306,510 | | |
| | | 320,000 | | | | A | | |
Series B, 5.000% due 8/1/30
|
| | | | 326,811 | | |
| | | 335,000 | | | | A | | |
Series B, 5.000% due 8/1/31
|
| | | | 341,852 | | |
| | | | | | | | | | Commonwealth Financing Authority, Revenue Bonds: | | | | | | | |
| | | 1,010,000 | | | | A | | |
Series A, 5.000% due 6/1/28
|
| | | | 1,097,744 | | |
| | | 500,000 | | | | A | | |
Series B, 5.000% due 6/1/25
|
| | | | 511,220 | | |
| | | | | | | | | | Commonwealth of Pennsylvania, GO: | | | | | | | |
| | | 3,000,000 | | | | A+ | | |
4.000% due 3/15/34
|
| | | | 3,016,303 | | |
| | | 5,000,000 | | | | A+ | | |
4.000% due 9/15/34
|
| | | | 5,101,305 | | |
| | | 290,000 | | | | A+ | | |
5.000% due 10/15/27
|
| | | | 290,175 | | |
| | | 810,000 | | | | A+ | | |
5.000% due 9/15/29
|
| | | | 847,189 | | |
| | | 1,000,000 | | | | A+ | | |
5.000% due 6/15/34
|
| | | | 1,004,631 | | |
| | | | | | | | | | General Authority of Southcentral Pennsylvania, Revenue Bonds: | | | | | | | |
| | | 190,000 | | | | Aa3(b) | | |
5.000% due 6/1/38
|
| | | | 202,119 | | |
| | | 310,000 | | | | Aa3(b) | | |
5.000% due 6/1/39
|
| | | | 328,464 | | |
| | | | | | | | | | Lancaster County Hospital Authority, Revenue Bonds: | | | | | | | |
| | | 800,000 | | | | A | | |
5.000% due 11/1/38
|
| | | | 853,242 | | |
| | | 1,000,000 | | | | A | | |
5.000% due 11/1/39
|
| | | | 1,064,870 | | |
| | | 325,000 | | | | A | | |
Montgomery County Higher Education & Health Authority, Revenue Bonds,
5.000% due 9/1/33 |
| | | | 351,263 | | |
| | | | | | | | | |
Pennsylvania Economic Development Financing Authority, Revenue Bonds:
|
| | | | | | |
| | | 1,000,000 | | | | Baa2(b) | | |
5.500% due 6/30/37(a)
|
| | | | 1,144,373 | | |
| | | 1,500,000 | | | | Baa2(b) | | |
5.500% due 6/30/39(a)
|
| | | | 1,695,595 | | |
| | | | | | | | | | Pennsylvania Higher Educational Facilities Authority, Revenue Bonds: | | | | | | | |
| | | 775,000 | | | | AA | | |
4.000% due 8/15/38
|
| | | | 796,418 | | |
| | | 35,000 | | | | AA | | |
Series A, 5.000% due 8/15/27
|
| | | | 37,513 | | |
| | | 35,000 | | | | AA | | |
Series A, 5.000% due 8/15/28
|
| | | | 37,286 | | |
| | | 60,000 | | | | AA | | |
Series A, 5.000% due 8/15/30
|
| | | | 63,775 | | |
| | | 1,000,000 | | | | AA | | |
Series C, 4.000% due 8/15/41
|
| | | | 1,000,073 | | |
|
Face Amount/Units
|
| |
Rating††
|
| |
Security
|
| |
Value
|
| ||||||
| MUNICIPAL BONDS – (continued) | | |||||||||||||||
| Pennsylvania – (continued) | | |||||||||||||||
| | | | | | | | | | Pennsylvania Turnpike Commission, Revenue Bonds: | | | | | | | |
| | $ | 45,000 | | | | Aa3(b) | | |
Series A1, 5.000% due 12/1/29
|
| | | $ | 48,490 | | |
| | | 30,000 | | | | Aa3(b) | | |
Series A1, 5.000% due 12/1/34
|
| | | | 32,207 | | |
| | | 35,000 | | | | A+ | | |
Series A2, 5.000% due 12/1/28
|
| | | | 37,061 | | |
| | | 35,000 | | | | A+ | | |
Series A2, 5.000% due 12/1/33
|
| | | | 38,207 | | |
| | | 2,000,000 | | | | Aa3(b) | | |
Series A2, 5.000% due 12/1/43
|
| | | | 2,114,980 | | |
| | | 1,500,000 | | | | Aa2(b) | | |
West Shore School District, GO, 5.000% due 11/15/43
|
| | | | 1,553,856 | | |
| | | | | | | | | |
Total Pennsylvania
|
| | | | 25,071,891 | | |
| Puerto Rico – 1.2% | | |||||||||||||||
| | | | | | | | | | Commonwealth of Puerto Rico, GO: | | | | | | | |
| | | 2,000,000 | | | | NR | | |
Series A1, 4.000% due 7/1/41
|
| | | | 1,850,896 | | |
| | | 1,000,000 | | | | NR | | |
Series A1, 4.000% due 7/1/46
|
| | | | 899,963 | | |
| | | | | | | | | | Puerto Rico Commonwealth Aqueduct & Sewer Authority, Revenue Bonds: | | | | | | | |
| | | 1,000,000 | | | | NR | | |
Series A, 5.000% due 7/1/47(d)
|
| | | | 1,008,019 | | |
| | | 1,000,000 | | | | NR | | |
Series B, 4.000% due 7/1/42(d)
|
| | | | 916,892 | | |
| | | 1,000,000 | | | | NR | | |
Series B, 4.000% due 7/1/47(d)
|
| | | | 878,185 | | |
| | | 5,000,000 | | | | NR | | |
Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue, Revenue Bonds,
Series A1, 5.000% due 7/1/58 |
| | | | 5,024,990 | | |
| | | | | | | | | |
Total Puerto Rico
|
| | | | 10,578,945 | | |
| Rhode Island – 0.2% | | |||||||||||||||
| | | 240,000 | | | | AA | | |
Rhode Island Health & Educational Building Corp., Revenue Bonds, AGM,
5.000% due 5/15/25 |
| | | | 244,490 | | |
| | | 80,000 | | | | AA+ | | |
Rhode Island Housing & Mortgage Finance Corp., Revenue Bonds,
Series 70, 4.000% due 10/1/49 |
| | | | 79,627 | | |
| | | | | | | | | | Rhode Island Student Loan Authority, Revenue Bonds: | | | | | | | |
| | | 55,000 | | | | AA | | |
Series A, 3.500% due 12/1/34(a)
|
| | | | 51,845 | | |
| | | 1,125,000 | | | | AA | | |
Series A, 5.000% due 12/1/26(a)
|
| | | | 1,167,398 | | |
| | | | | | | | | |
Total Rhode Island
|
| | | | 1,543,360 | | |
| South Carolina – 0.5% | | |||||||||||||||
| | | 30,000 | | | | AA+ | | |
Beaufort-Jasper Water & Sewer Authority, Revenue Bonds, Series B, 5.000%
due 3/1/24 |
| | | | 30,000 | | |
| | | 1,000,000 | | | | A1(b) | | |
Patriots Energy Group Financing Agency, Revenue Bonds, Series A1,
5.250% due 10/1/54(c) |
| | | | 1,070,210 | | |
| | | | | | | | | |
Scago Educational Facilities Corp. for Colleton School District, Revenue
Bonds: |
| | | | | | |
| | | 115,000 | | | | A- | | |
5.000% due 12/1/27
|
| | | | 117,360 | | |
| | | 95,000 | | | | A- | | |
5.000% due 12/1/29
|
| | | | 96,833 | | |
|
Face Amount/Units
|
| |
Rating††
|
| |
Security
|
| |
Value
|
| ||||||
| MUNICIPAL BONDS – (continued) | | |||||||||||||||
| South Carolina – (continued) | | |||||||||||||||
| | | | | | | | | | South Carolina Jobs-Economic Development Authority, Revenue Bonds: | | | | | | | |
| | $ | 1,000,000 | | | | NR | | |
7.500% due 11/15/53
|
| | | $ | 1,044,637 | | |
| | | 1,000,000 | | | | NR | | |
7.750% due 11/15/58
|
| | | | 1,041,293 | | |
| | | | | | | | | | South Carolina Ports Authority, Revenue Bonds: | | | | | | | |
| | | 65,000 | | | | A+ | | |
5.000% due 7/1/28(a)
|
| | | | 69,019 | | |
| | | 140,000 | | | | A+ | | |
5.000% due 7/1/30(a)
|
| | | | 148,862 | | |
| | | | | | | | | | South Carolina Public Service Authority, Revenue Bonds: | | | | | | | |
| | | 185,000 | | | | A- | | |
Series B, 5.000% due 12/1/35
|
| | | | 191,714 | | |
| | | 275,000 | | | | A- | | |
Series B, 5.000% due 12/1/36
|
| | | | 284,122 | | |
| | | 115,000 | | | | A- | | |
Series C, 5.000% due 12/1/25
|
| | | | 115,923 | | |
| | | 115,000 | | | | A- | | |
Series C, 5.000% due 12/1/26
|
| | | | 115,555 | | |
| | | 90,000 | | | | A- | | |
Series C, 5.000% due 12/1/27
|
| | | | 90,465 | | |
| | | | | | | | | |
South Carolina State Housing Finance & Development Authority, Revenue
Bonds: |
| | | | | | |
| | | 110,000 | | | | Aaa(b) | | |
Series A, 4.000% due 1/1/50
|
| | | | 109,496 | | |
| | | 110,000 | | | | Aaa(b) | | |
Series A, 4.000% due 7/1/50
|
| | | | 109,499 | | |
| | | | | | | | | |
Total South Carolina
|
| | | | 4,634,988 | | |
| Tennessee – 1.2% | | |||||||||||||||
| | | 1,000,000 | | | | AA+ | | |
County of Shelby TN, GO, Series A, 4.000% due 4/1/37
|
| | | | 1,033,128 | | |
| | | 40,000 | | | | BBB | | |
Knox County Health Educational & Housing Facility Board, Revenue
Bonds, 5.000% due 4/1/25 |
| | | | 40,426 | | |
| | | 1,000,000 | | | | AA | | |
Metropolitan Government Nashville & Davidson County Sports Authority,
Revenue Bonds, Series B, AGM-Insured, 5.250% due 7/1/48 |
| | | | 1,106,272 | | |
| | | 1,125,000 | | | | A1(b) | | |
Metropolitan Nashville Airport Authority, Revenue Bonds, Series B, 5.250%
due 7/1/33(a) |
| | | | 1,287,163 | | |
| | | 5,240,000 | | | | Aa1(b) | | |
Tennergy Corp., Revenue Bonds, Series A, 5.000% due 2/1/50(c)
|
| | | | 5,271,801 | | |
| | | 1,225,000 | | | | AA+ | | |
Tennessee Housing Development Agency, Revenue Bonds, Series 2B,
3.950% due 1/1/38 |
| | | | 1,225,869 | | |
| | | | | | | | | |
Total Tennessee
|
| | | | 9,964,659 | | |
| Texas – 12.6% | | |||||||||||||||
| | | 1,765,000 | | | | AAA | | |
Academy Independent School District, GO, PSF-GTD-Insured, 5.000% due
8/15/43 |
| | | | 1,948,339 | | |
| | | 1,895,000 | | | | AAA | | |
Alamo Community College District, GO, 5.000% due 8/15/34
|
| | | | 2,030,946 | | |
| | | 1,000,000 | | | | AAA | | |
Arlington Higher Education Finance Corp., Revenue Bonds,
PSF-GTD-Insured, 5.000% due 8/15/48 |
| | | | 1,080,082 | | |
| | | 1,500,000 | | | | Aaa(b) | | |
Brazosport Independent School District, GO, PSF-GTD-Insured, 4.000%
due 2/15/33 |
| | | | 1,535,881 | | |
|
Face Amount/Units
|
| |
Rating††
|
| |
Security
|
| |
Value
|
| ||||||
| MUNICIPAL BONDS – (continued) | | |||||||||||||||
| Texas – (continued) | | |||||||||||||||
| | | | | | | | | | Central Texas Regional Mobility Authority, Revenue Bonds: | | | | | | | |
| | $ | 35,000 | | | | A | | |
Series A, Prerefunded 7/1/25@ 100, 5.000% due 1/1/31(e)
|
| | | $ | 35,868 | | |
| | | 30,000 | | | | A | | |
Series A, Prerefunded 7/1/25@ 100, 5.000% due 1/1/32(e)
|
| | | | 30,744 | | |
| | | 60,000 | | | | A | | |
Series A, Prerefunded 7/1/25@ 100, 5.000% due 1/1/34(e)
|
| | | | 61,489 | | |
| | | 160,000 | | | | A | | |
Series A, Prerefunded 7/1/25@ 100, 5.000% due 1/1/40(e)
|
| | | | 163,970 | | |
| | | 600,000 | | | | A | | |
Series B, 4.000% due 1/1/41
|
| | | | 601,534 | | |
| | | 375,000 | | | | A | | |
Series B, 5.000% due 1/1/29
|
| | | | 405,254 | | |
| | | 1,800,000 | | | | A | | |
Series E, 5.000% due 1/1/38
|
| | | | 1,933,109 | | |
| | | 1,770,000 | | | | AAA | | |
City of Austin TX, GO, 5.000% due 5/1/27
|
| | | | 1,896,607 | | |
| | | | | | | | | | City of Austin TX Airport System Revenue, Revenue Bonds: | | | | | | | |
| | | 165,000 | | | | A+ | | |
5.000% due 11/15/26(a)
|
| | | | 165,773 | | |
| | | 80,000 | | | | A+ | | |
5.000% due 11/15/29(a)
|
| | | | 80,487 | | |
| | | 3,835,000 | | | | AAA | | |
City of Dallas TX Waterworks & Sewer System Revenue, Revenue Bonds,
Series A, 5.000% due 10/1/32 |
| | | | 3,933,637 | | |
| | | 995,000 | | | | AA+ | | |
City of El Paso TX Water & Sewer Revenue, Revenue Bonds, 5.000% due
3/1/41 |
| | | | 1,089,035 | | |
| | | | | | | | | | City of Houston TX, GO: | | | | | | | |
| | | 290,000 | | | | Aa3(b) | | |
Series A, 5.000% due 3/1/24
|
| | | | 290,000 | | |
| | | 120,000 | | | | Aa3(b) | | |
Series A, 5.000% due 3/1/25
|
| | | | 122,101 | | |
| | | | | | | | | | City of Houston TX Airport System Revenue, Revenue Bonds: | | | | | | | |
| | | 50,000 | | | | A1(b) | | |
Series A, 5.000% due 7/1/26(a)
|
| | | | 51,749 | | |
| | | 60,000 | | | | A1(b) | | |
Series A, 5.000% due 7/1/27(a)
|
| | | | 63,049 | | |
| | | 30,000 | | | | A1(b) | | |
Series A, 5.000% due 7/1/28(a)
|
| | | | 32,042 | | |
| | | 90,000 | | | | A1(b) | | |
Series B, 5.000% due 7/1/28
|
| | | | 98,441 | | |
| | | 360,000 | | | | A1(b) | | |
Series B, 5.000% due 7/1/29
|
| | | | 394,100 | | |
| | | 1,500,000 | | | | A1(b) | | |
Series D, 5.000% due 7/1/25
|
| | | | 1,534,658 | | |
| | | 2,005,000 | | | | A1(b) | | |
Series D, 5.000% due 7/1/26
|
| | | | 2,098,921 | | |
| | | | | | | | | | City of Houston TX Combined Utility System Revenue, Revenue Bonds: | | | | | | | |
| | | 3,000,000 | | | | Aa2(b) | | |
Series B, 4.000% due 11/15/31
|
| | | | 3,058,032 | | |
| | | 70,000 | | | | Aa2(b) | | |
Series B, 5.000% due 11/15/33
|
| | | | 73,197 | | |
| | | 75,000 | | | | AA | | |
Series C, 5.000% due 5/15/28
|
| | | | 75,259 | | |
| | | | | | | | | | City of San Antonio TX Airport System, Revenue Bonds: | | | | | | | |
| | | 500,000 | | | | A | | |
Series A, 5.000% due 7/1/27(a)
|
| | | | 524,444 | | |
| | | 480,000 | | | | A+ | | |
Series A, 5.000% due 7/1/28(a)
|
| | | | 512,665 | | |
| | | | | | | | | | City of San Antonio TX Electric & Gas Systems Revenue, Revenue Bonds: | | | | | | | |
| | | 1,000,000 | | | | A+ | | |
1.750% due 2/1/49(c)
|
| | | | 962,096 | | |
| | | 500,000 | | | | A+ | | |
4.000% due 2/1/43
|
| | | | 502,366 | | |
|
Face Amount/Units
|
| |
Rating††
|
| |
Security
|
| |
Value
|
| ||||||
| MUNICIPAL BONDS – (continued) | | |||||||||||||||
| Texas – (continued) | | |||||||||||||||
| | $ | 45,000 | | | | AA- | | |
5.000% due 2/1/29
|
| | | $ | 48,307 | | |
| | | 30,000 | | | | AA- | | |
5.000% due 2/1/30
|
| | | | 32,181 | | |
| | | 45,000 | | | | AA- | | |
5.000% due 2/1/31
|
| | | | 48,189 | | |
| | | 35,000 | | | | AA- | | |
5.000% due 2/1/33
|
| | | | 37,329 | | |
| | | 750,000 | | | | A+ | | |
5.000% due 2/1/42
|
| | | | 820,814 | | |
| | | 90,000 | | | | AA- | | |
5.250% due 2/1/25
|
| | | | 91,764 | | |
| | | 3,000,000 | | | | Baa3(b) | | |
Clifton Higher Education Finance Corp., Revenue Bonds, Series D, 6.125%
due 8/15/48 |
| | | | 3,070,237 | | |
| | | 3,000,000 | | | | Aaa(b) | | |
Comal Independent School District, GO, PSF-GTD-Insured, 5.000% due
2/1/27 |
| | | | 3,190,596 | | |
| | | 2,345,000 | | | | AAA | | |
Community Independent School District, GO, PSF-GTD-Insured, 5.000%
due 2/15/41 |
| | | | 2,625,866 | | |
| | | 2,790,000 | | | | AAA | | |
County of Harris TX, GO, Series A, 5.000% due 10/1/28
|
| | | | 2,868,253 | | |
| | | | | | | | | | County of Travis TX, GO: | | | | | | | |
| | | 85,000 | | | | AAA | | |
Series A, 5.000% due 3/1/24
|
| | | | 85,000 | | |
| | | 1,490,000 | | | | AAA | | |
Series A, 5.000% due 3/1/38
|
| | | | 1,616,399 | | |
| | | 2,215,000 | | | | AAA | | |
County of Williamson TX, GO, 5.000% due 2/15/30
|
| | | | 2,357,060 | | |
| | | | | | | | | | Cypress-Fairbanks Independent School District, GO, PSF-GTD: | | | | | | | |
| | | 1,975,000 | | | | AAA | | |
4.000% due 2/15/32
|
| | | | 2,000,687 | | |
| | | 620,000 | | | | AAA | | |
5.000% due 2/15/25
|
| | | | 631,418 | | |
| | | 105,000 | | | | AAA | | |
5.000% due 2/15/27
|
| | | | 109,387 | | |
| | | 1,000,000 | | | | AAA | | |
Series A, 3.400% due 2/15/31
|
| | | | 1,001,801 | | |
| | | 1,925,000 | | | | AAA | | |
Series A, 5.000% due 2/15/26
|
| | | | 2,003,209 | | |
| | | | | | | | | | Dallas Area Rapid Transit, Revenue Bonds: | | | | | | | |
| | | 210,000 | | | | AA+ | | |
AMBAC, 5.250% due 12/1/29
|
| | | | 239,908 | | |
| | | 2,500,000 | | | | AA+ | | |
Series B, 5.000% due 12/1/47
|
| | | | 2,714,953 | | |
| | | 1,500,000 | | | | A+ | | |
Dallas Fort Worth International Airport, Revenue Bonds, Series B, 5.000%
due 11/1/40 |
| | | | 1,712,192 | | |
| | | | | | | | | | Eagle Mountain & Saginaw Independent School District, GO, PSF-GTD: | | | | | | | |
| | | 1,270,000 | | | | Aaa(b) | | |
5.000% due 8/15/29
|
| | | | 1,422,987 | | |
| | | 1,000,000 | | | | Aaa(b) | | |
5.000% due 8/15/30
|
| | | | 1,139,502 | | |
| | | 3,430,000 | | | | AAA | | |
Fort Worth Independent School District, GO, PSF-GTD-Insured, 5.000%
due 2/15/26 |
| | | | 3,489,503 | | |
| | | | | | | | | | Georgetown Independent School District, GO, PSF-GTD: | | | | | | | |
| | | 1,000,000 | | | | AAA | | |
3.750% due 8/15/41
|
| | | | 982,282 | | |
| | | 1,000,000 | | | | AAA | | |
3.875% due 8/15/44
|
| | | | 963,774 | | |
| | | | | | | | | | Grand Parkway Transportation Corp., Revenue Bonds: | | | | | | | |
| | | 150,000 | | | | AA+ | | |
Series A, 5.000% due 10/1/31
|
| | | | 162,777 | | |
|
Face Amount/Units
|
| |
Rating††
|
| |
Security
|
| |
Value
|
| ||||||
| MUNICIPAL BONDS – (continued) | | |||||||||||||||
| Texas – (continued) | | |||||||||||||||
| | $ | 125,000 | | | | AA+ | | |
Series A, 5.000% due 10/1/32
|
| | | $ | 135,482 | | |
| | | 190,000 | | | | AA+ | | |
Series A, 5.000% due 10/1/33
|
| | | | 205,585 | | |
| | | 145,000 | | | | AA+ | | |
Series A, 5.000% due 10/1/34
|
| | | | 156,609 | | |
| | | | | | | | | |
Harris County Cultural Education Facilities Finance Corp., Revenue Bonds:
|
| | | | | | |
| | | 1,025,000 | | | | A+ | | |
5.000% due 6/1/24
|
| | | | 1,028,701 | | |
| | | 1,500,000 | | | | A+ | | |
5.000% due 7/1/39
|
| | | | 1,545,515 | | |
| | | 315,000 | | | | A+ | | |
5.000% due 7/1/49(c)
|
| | | | 318,106 | | |
| | | 1,095,000 | | | | AAA | | |
Klein Independent School District, GO, PSF-GTD-Insured, 4.000% due
8/1/46 |
| | | | 1,097,961 | | |
| | | | | | | | | | Lamar Consolidated Independent School District, GO, PSF-GTD: | | | | | | | |
| | | 7,280,000 | | | | AAA | | |
5.000% due 2/15/31
|
| | | | 7,709,664 | | |
| | | 7,050,000 | | | | AAA | | |
5.000% due 2/15/34
|
| | | | 7,411,121 | | |
| | | 2,000,000 | | | | AAA | | |
Leander Independent School District, GO, PSF-GTD-Insured, 5.000% due
8/15/27 |
| | | | 2,052,900 | | |
| | | | | | | | | | Love Field Airport Modernization Corp., Revenue Bonds: | | | | | | | |
| | | 40,000 | | | | A | | |
5.000% due 11/1/30(a)
|
| | | | 40,766 | | |
| | | 90,000 | | | | A | | |
5.000% due 11/1/31(a)
|
| | | | 91,711 | | |
| | | 1,000,000 | | | | Aaa(b) | | |
Malakoff Independent School District, GO, PSF-GTD-Insured, 5.000% due
2/15/30 |
| | | | 1,131,986 | | |
| | | 2,500,000 | | | | BB- | | |
Mission Economic Development Corp., Revenue Bonds, 4.625% due
10/1/31(a)(d) |
| | | | 2,491,229 | | |
| | | 1,000,000 | | | | Aaa(b) | | |
North East Independent School District, GO, Series A, PSF-GTD-Insured,
4.000% due 8/1/41 |
| | | | 1,008,795 | | |
| | | 55,000 | | | | AA- | | |
North Harris County Regional Water Authority, Revenue Bonds, 4.000% due
12/15/24 |
| | | | 55,032 | | |
| | | 2,000,000 | | | | NR | | |
North Parkway Municipal Management District No 1, Special Assessment,
5.000% due 9/15/51(d) |
| | | | 1,872,212 | | |
| | | | | | | | | | North Texas Tollway Authority, Revenue Bonds: | | | | | | | |
| | | 1,750,000 | | | | AA- | | |
Series A, 5.000% due 1/1/28
|
| | | | 1,815,949 | | |
| | | 35,000 | | | | AA- | | |
Series A, 5.000% due 1/1/30
|
| | | | 36,252 | | |
| | | 40,000 | | | | AA- | | |
Series A, 5.000% due 1/1/33
|
| | | | 42,248 | | |
| | | 1,000,000 | | | | A+ | | |
Series A, 5.000% due 1/1/38
|
| | | | 1,008,401 | | |
| | | 200,000 | | | | AA- | | |
Series A, 5.000% due 1/1/39
|
| | | | 205,467 | | |
| | | 185,000 | | | | A+ | | |
Series B, 5.000% due 1/1/25
|
| | | | 187,692 | | |
| | | 160,000 | | | | AA- | | |
Series B, 5.000% due 1/1/30
|
| | | | 162,500 | | |
| | | 20,000 | | | | A+ | | |
Series B, 5.000% due 1/1/31
|
| | | | 20,654 | | |
| | | 85,000 | | | | A+ | | |
Series B, 5.000% due 1/1/32
|
| | | | 89,663 | | |
| | | 1,000,000 | | | | AAA | | |
Pecos Barstow Toyah Independent School District, GO, PSF-GTD-Insured,
5.000% due 2/15/38 |
| | | | 1,022,113 | | |
|
Face Amount/Units
|
| |
Rating††
|
| |
Security
|
| |
Value
|
| ||||||
| MUNICIPAL BONDS – (continued) | | |||||||||||||||
| Texas – (continued) | | |||||||||||||||
| | $ | 50,000 | | | | Aaa(b) | | |
Permanent University Fund – University of Texas System, Revenue Bonds,
Series B, 5.000% due 7/1/29 |
| | | $ | 52,162 | | |
| | | 1,500,000 | | | | NR | | |
Port Beaumont Navigation District, Revenue Bonds, 4.000% due 1/1/50(a)(d)
|
| | | | 1,150,642 | | |
| | | | | | | | | | San Jacinto Community College District, GO: | | | | | | | |
| | | 450,000 | | | | AA | | |
5.000% due 2/15/29
|
| | | | 493,131 | | |
| | | 435,000 | | | | AA | | |
5.000% due 2/15/30
|
| | | | 484,295 | | |
| | | | | | | | | | State of Texas, GO: | | | | | | | |
| | | 2,500,000 | | | | AAA | | |
5.000% due 10/1/24
|
| | | | 2,503,101 | | |
| | | 150,000 | | | | AAA | | |
5.000% due 8/1/26(a)
|
| | | | 150,021 | | |
| | | 200,000 | | | | AAA | | |
5.500% due 8/1/26(a)
|
| | | | 209,983 | | |
| | | 350,000 | | | | AAA | | |
Series B, 5.000% due 8/1/25(a)
|
| | | | 350,412 | | |
| | | | | | | | | | Texas Department of Housing & Community Affairs, Revenue Bonds: | | | | | | | |
| | | 393,589 | | | | Aaa(b) | | |
2.950% due 7/1/36
|
| | | | 347,618 | | |
| | | 285,000 | | | | AA+ | | |
Series A, 4.000% due 3/1/50
|
| | | | 283,433 | | |
| | | 600,000 | | | | AA+ | | |
Texas Public Finance Authority, Revenue Bonds, 5.000% due 2/1/28
|
| | | | 649,424 | | |
| | | 135,000 | | | | Aa2(b) | | |
Texas State University System, Revenue Bonds, Series A, 5.000% due
3/15/29 |
| | | | 143,920 | | |
| | | | | | | | | | Texas Water Development Board, Revenue Bonds: | | | | | | | |
| | | 2,000,000 | | | | AAA | | |
4.650% due 10/15/40
|
| | | | 2,188,396 | | |
| | | 1,000,000 | | | | AAA | | |
5.000% due 10/15/25
|
| | | | 1,032,839 | | |
| | | 180,000 | | | | AAA | | |
Series A, 5.000% due 4/15/25
|
| | | | 183,898 | | |
| | | 75,000 | | | | AAA | | |
Series A, 5.000% due 10/15/25
|
| | | | 77,463 | | |
| | | 125,000 | | | | AAA | | |
Series A, 5.000% due 4/15/26
|
| | | | 130,764 | | |
| | | 190,000 | | | | AAA | | |
Series A, 5.000% due 4/15/29
|
| | | | 204,668 | | |
| | | 505,000 | | | | AAA | | |
Series A, 5.000% due 4/15/30
|
| | | | 543,601 | | |
| | | 1,095,000 | | | | Aaa(b) | | |
Wink-Loving Independent School District, GO, PSF-GTD-Insured, 5.000%
due 2/15/27 |
| | | | 1,096,199 | | |
| | | | | | | | | |
Total Texas
|
| | | | 108,072,534 | | |
| Utah – 0.5% | | |||||||||||||||
| | | | | | | | | | City of Salt Lake City UT Airport Revenue, Revenue Bonds: | | | | | | | |
| | | 35,000 | | | | A+ | | |
Series A, 5.000% due 7/1/26(a)
|
| | | | 36,161 | | |
| | | 115,000 | | | | A+ | | |
Series A, 5.000% due 7/1/28(a)
|
| | | | 120,558 | | |
| | | 155,000 | | | | A+ | | |
Series A, 5.000% due 7/1/30(a)
|
| | | | 164,940 | | |
| | | 1,250,000 | | | | AA | | |
City of Vineyard UT Water & Sewer Revenue, Revenue Bonds, 5.000% due
5/1/43 |
| | | | 1,375,062 | | |
| | | 1,400,000 | | | | A2(b) | | |
Duchesne County School District, Revenue Bonds, 5.000% due 6/1/37
|
| | | | 1,507,357 | | |
|
Face Amount/Units
|
| |
Rating††
|
| |
Security
|
| |
Value
|
| ||||||
| MUNICIPAL BONDS – (continued) | | |||||||||||||||
| Utah – (continued) | | |||||||||||||||
| | $ | 1,270,000 | | | | NR | | |
Mida Mountain Village Public Infrastructure District, Special Assessment,
4.000% due 8/1/50(d) |
| | | $ | 1,015,556 | | |
| | | | | | | | | |
Total Utah
|
| | | | 4,219,634 | | |
| Vermont – 0.2% | | |||||||||||||||
| | | | | | | | | | Vermont Student Assistance Corp., Revenue Bonds: | | | | | | | |
| | | 750,000 | | | | A | | |
Series A, 5.000% due 6/15/29(a)
|
| | | | 785,457 | | |
| | | 675,000 | | | | A | | |
Series A, 5.000% due 6/15/30(a)
|
| | | | 711,282 | | |
| | | | | | | | | |
Total Vermont
|
| | | | 1,496,739 | | |
| Virgin Islands – 0.2% | | |||||||||||||||
| | | 1,500,000 | | | | NR | | |
Matching Fund Special Purpose Securitization Corp., Revenue Bonds,
Series A, 5.000% due 10/1/39 |
| | | | 1,565,806 | | |
| Virginia – 2.1% | | |||||||||||||||
| | | 5,000,000 | | | | AAA | | |
Commonwealth of Virginia, GO, Series B, 4.000% due 6/1/24
|
| | | | 5,002,869 | | |
| | | 3,180,000 | | | | AA | | |
Hampton Roads Transportation Accountability Commission, Revenue
Bonds, Series A, Prerefunded 1/1/28@ 100, 5.000% due 7/1/35(e) |
| | | | 3,463,520 | | |
| | | 320,000 | | | | AA | | |
Norfolk Economic Development Authority, Revenue Bonds, Series B,
5.000% due 11/1/48(c) |
| | | | 348,046 | | |
| | | 1,800,000 | | | | NR | | |
Peninsula Town Center Community Development Authority, Special
Assessment, 4.500% due 9/1/45(d) |
| | | | 1,619,220 | | |
| | | 2,000,000 | | | | B- | | |
Tobacco Settlement Financing Corp., Revenue Bonds, Series B1, 5.000%
due 6/1/47 |
| | | | 1,892,095 | | |
| | | 550,000 | | | | BB+(f) | | |
Virginia Beach Development Authority, Revenue Bonds, Series B3, 5.375%
due 9/1/29 |
| | | | 567,500 | | |
| | | | | | | | | | Virginia College Building Authority, Revenue Bonds: | | | | | | | |
| | | 165,000 | | | | AA+ | | |
Series D, 5.000% due 2/1/26
|
| | | | 171,761 | | |
| | | 265,000 | | | | AA+ | | |
Series E, 5.000% due 2/1/30
|
| | | | 288,689 | | |
| | | 305,000 | | | | AA+ | | |
Series E, 5.000% due 2/1/31
|
| | | | 331,976 | | |
| | | 360,000 | | | | AA+ | | |
Virginia Commonwealth Transportation Board, Revenue Bonds, Series A,
5.000% due 5/15/30 |
| | | | 389,652 | | |
| | | 3,575,000 | | | | AAA | | |
Virginia Housing Development Authority, Revenue Bonds, Series E2,
3.900% due 7/1/55(c) |
| | | | 3,577,549 | | |
| | | 500,000 | | | | AAA | | |
Virginia Resources Authority, Revenue Bonds, Series C, 5.000% due
11/1/29 |
| | | | 565,058 | | |
| | | | | | | | | |
Total Virginia
|
| | | | 18,217,935 | | |
| Washington – 4.6% | | |||||||||||||||
| | | 60,000 | | | | AA | | |
Chelan County Public Utility District No 1, Revenue Bonds, Series A,
NPFG, zero coupon, due 6/1/24 |
| | | | 59,511 | | |
| | | 1,000,000 | | | | Aaa(b) | | |
Franklin County School District No 1 Pasco, GO, 4.250% due 12/1/42
|
| | | | 1,028,828 | | |
| | | 1,690,000 | | | | Baa2(b) | | |
Grant County Public Hospital District No 1, GO, 5.500% due 12/1/43
|
| | | | 1,810,121 | | |
|
Face Amount/Units
|
| |
Rating††
|
| |
Security
|
| |
Value
|
| ||||||
| MUNICIPAL BONDS – (continued) | | |||||||||||||||
| Washington – (continued) | | |||||||||||||||
| | $ | 1,000,000 | | | | BB+ | | |
Grays Harbor County Public Hospital District No 1, Revenue Bonds,
6.875% due 12/1/53 |
| | | $ | 1,039,408 | | |
| | | | | | | | | | Port of Seattle WA, Revenue Bonds: | | | | | | | |
| | | 35,000 | | | | AA- | | |
5.000% due 2/1/27
|
| | | | 36,217 | | |
| | | 70,000 | | | | AA- | | |
5.000% due 2/1/29
|
| | | | 72,290 | | |
| | | 85,000 | | | | AA- | | |
Series A, 5.000% due 5/1/29(a)
|
| | | | 88,443 | | |
| | | 1,000,000 | | | | AA | | |
Series B, 5.000% due 10/1/26(a)
|
| | | | 1,029,356 | | |
| | | 980,000 | | | | AA | | |
Series B, 5.000% due 10/1/27(a)
|
| | | | 1,009,165 | | |
| | | 135,000 | | | | AA | | |
Series B, 5.000% due 10/1/29(a)
|
| | | | 138,473 | | |
| | | 575,000 | | | | Baa3(b) | | |
Skagit County Public Hospital District No 1, Revenue Bonds, 5.500% due
12/1/54 |
| | | | 610,355 | | |
| | | | | | | | | | State of Washington, GO: | | | | | | | |
| | | 50,000 | | | | AA+ | | |
Series 2017A, 5.000% due 8/1/27
|
| | | | 52,348 | | |
| | | 3,430,000 | | | | AA+ | | |
Series A, 5.000% due 8/1/32
|
| | | | 3,746,630 | | |
| | | 7,500,000 | | | | AA+ | | |
Series A3, 5.000% due 8/1/45
|
| | | | 8,293,601 | | |
| | | 2,500,000 | | | | AA+ | | |
Series B, 5.000% due 6/1/44
|
| | | | 2,796,558 | | |
| | | 5,000,000 | | | | AA+ | | |
Series C, 5.000% due 2/1/33
|
| | | | 5,534,094 | | |
| | | 2,500,000 | | | | AA+ | | |
Series E, 5.000% due 6/1/43
|
| | | | 2,757,039 | | |
| | | 50,000 | | | | AA+ | | |
Series R2017A, 5.000% due 8/1/28
|
| | | | 52,312 | | |
| | | 50,000 | | | | AA+ | | |
Series R2017A, 5.000% due 8/1/30
|
| | | | 52,372 | | |
| | | 355,000 | | | | AA+ | | |
Series R2018C, 5.000% due 8/1/30
|
| | | | 380,342 | | |
| | | 640,000 | | | | AA+ | | |
Series R2018D, 5.000% due 8/1/33
|
| | | | 683,965 | | |
| | | 5,000,000 | | | | AA+ | | |
Series R2018D, 5.000% due 8/1/35
|
| | | | 5,321,714 | | |
| | | 100,000 | | | | A | | |
Tobacco Settlement Authority, Revenue Bonds, 5.000% due 6/1/24
|
| | | | 100,072 | | |
| | | | | | | | | | Washington Health Care Facilities Authority, Revenue Bonds: | | | | | | | |
| | | 60,000 | | | | BBB+ | | |
5.000% due 7/1/26
|
| | | | 60,996 | | |
| | | 70,000 | | | | A | | |
5.000% due 10/1/27
|
| | | | 73,764 | | |
| | | 60,000 | | | | A | | |
5.000% due 10/1/28
|
| | | | 64,232 | | |
| | | 90,000 | | | | BBB+ | | |
5.000% due 7/1/29
|
| | | | 93,043 | | |
| | | 20,000 | | | | BBB+ | | |
5.000% due 7/1/34
|
| | | | 20,596 | | |
| | | 780,000 | | | | BBB+ | | |
5.000% due 7/1/42
|
| | | | 789,919 | | |
| | | 115,000 | | | | A | | |
Series A, 5.000% due 10/1/24
|
| | | | 115,044 | | |
| | | 15,000 | | | | Baa1(b) | | |
Washington Higher Education Facilities Authority, Revenue Bonds, Series A,
5.000% due 10/1/29 |
| | | | 15,523 | | |
| | | 2,000,000 | | | | BBB- | | |
Washington State Convention Center Public Facilities District, Revenue
Bonds, 3.000% due 7/1/48 |
| | | | 1,501,924 | | |
|
Face Amount/Units
|
| |
Rating††
|
| |
Security
|
| |
Value
|
| | ||||||||
| MUNICIPAL BONDS – (continued) | | | |||||||||||||||||
| Washington – (continued) | | | |||||||||||||||||
| | $ | 500,000 | | | | BBB | | |
Washington State Housing Finance Commission, Revenue Bonds, 6.250%
due 7/1/59(d) |
| | | $ | 549,211 | | | | ||
| | | | | | | | | |
Total Washington
|
| | | | 39,977,466 | | | | ||
| West Virginia – 1.5% | | | |||||||||||||||||
| | | | | | | | | | State of West Virginia, GO: | | | | | | | | | ||
| | | 10,000,000 | | | | AA- | | |
Series B, 5.000% due 12/1/34
|
| | | | 10,873,871 | | | | ||
| | | 2,000,000 | | | | AA- | | |
Series B, 5.000% due 6/1/35
|
| | | | 2,170,957 | | | | ||
| | | | | | | | | |
Total West Virginia
|
| | | | 13,044,828 | | | | ||
| Wisconsin – 1.3% | | | |||||||||||||||||
| | | 3,385,000 | | | | AAA | | |
County of Dane WI, GO, Series A, 3.000% due 6/1/25
|
| | | | 3,367,284 | | | | ||
| | | | | | | | | | Public Finance Authority, Revenue Bonds: | | | | | | | | | ||
| | | 2,000,000 | | | | NR | | |
4.250% due 7/1/54(a)
|
| | | | 1,396,058 | | | | ||
| | | 2,665,000 | | | | Aa2(b) | | |
Series A, 4.000% due 8/1/59
|
| | | | 2,641,270 | | | | ||
| | | 500,000 | | | | BB+ | | |
Series A, 5.000% due 10/1/39(d)
|
| | | | 506,530 | | | | ||
| | | 1,000,000 | | | | BBB- | | |
Series A, 5.750% due 7/1/53(d)
|
| | | | 1,056,413 | | | | ||
| | | 1,500,000 | | | | AA | | |
Racine Unified School District, GO, AGM-Insured, 5.000% due 4/1/38
|
| | | | 1,667,908 | | | | ||
| | | | | | | | | | Wisconsin Health & Educational Facilities Authority, Revenue Bonds: | | | | | | | | | ||
| | | 255,000 | | | | A+ | | |
5.000% due 11/15/24
|
| | | | 256,874 | | | | ||
| | | 50,000 | | | | A2(b) | | |
5.000% due 6/1/27
|
| | | | 50,040 | | | | ||
| | | 195,000 | | | | A+ | | |
5.000% due 11/15/27
|
| | | | 196,850 | | | | ||
| | | 30,000 | | | | A2(b) | | |
5.000% due 6/1/32
|
| | | | 30,022 | | | | ||
| | | 70,000 | | | | A2(b) | | |
5.000% due 6/1/39
|
| | | | 70,035 | | | | ||
| | | 360,000 | | | | AA+ | | |
Wisconsin Housing & Economic Development Authority Home Ownership
Revenue, Revenue Bonds, Series A, 3.500% due 9/1/50 |
| | | | 354,016 | | | | ||
| | | | | | | | | |
Total Wisconsin
|
| | | | 11,593,300 | | | | ||
| | | | | | | | | |
TOTAL MUNICIPAL BONDS
(Cost – $769,353,547) |
| | |
|
770,618,491
|
| | | ||
| Shares/Units | | | | | | | | | | | | | | | |||||
| EXCHANGE TRADED FUND (ETF) – 4.2% | | | | | |||||||||||||||
| | | 719,425 | | | | | | |
Vanguard Tax-Exempt Bond Index(i)
(Cost – $36,280,383)
|
| | | | 36,482,041 | | | | ||
| | | | | | | | | |
TOTAL INVESTMENTS BEFORE SHORT-TERM INVESTMENTS
(Cost – $805,633,930) |
| | |
|
807,100,532
|
| | |
|
Face Amount
|
| |
Rating††
|
| |
Security
|
| |
Value
|
| ||||||
| SHORT-TERM INVESTMENTS – 5.4% | | |||||||||||||||
| MUNICIPAL BONDS – 1.0% | | |||||||||||||||
| | $ | 3,450,000 | | | | | | |
Bristol-Plymouth Regional Vocational Technical School District, GO,
4.000% due 2/28/25 |
| | | $ | 3,477,904 | | |
| | | 3,745,000 | | | | | | |
Colorado State Education Loan Program, Revenue Notes, Series B, 5.000%
due 6/28/24 |
| | | | 3,765,619 | | |
| | | 1,400,000 | | | | | | |
PMA Levy & Aid Anticipation Notes Program, Revenue Notes, Series A,
5.000% due 9/25/24 |
| | | | 1,411,889 | | |
| | | | | | | | | |
TOTAL MUNICIPAL BONDS
(Cost – $8,659,150) |
| | |
|
8,655,412
|
| |
| TIME DEPOSITS – 4.4% | | |||||||||||||||
| | | 5,060,044 | | | | | | |
ANZ National Bank – London, 4.680% due 3/1/24
|
| | | | 5,060,044 | | |
| | | 32,252,563 | | | | | | |
Citibank – New York, 4.680% due 3/1/24
|
| | | | 32,252,563 | | |
| | | 195,611 | | | | | | |
JPMorgan Chase & Co. – New York, 4.680% due 3/1/24
|
| | | | 195,611 | | |
| | | | | | | | | |
TOTAL TIME DEPOSITS
(Cost – $37,508,218) |
| | |
|
37,508,218
|
| |
| | | | | | | | | |
TOTAL SHORT-TERM INVESTMENTS
(Cost – $46,167,368) |
| | |
|
46,163,630
|
| |
| Shares/Units | | | | | | | | | ||||||||
| INVESTMENTS PURCHASED WITH CASH PROCEEDS FROM SECURITIES LENDING – 4.1% | | |||||||||||||||
| MONEY MARKET FUND – 4.1% | | |||||||||||||||
| | | 35,528,240 | | | | | | |
Federated Government Obligations Fund, Premier Class, 5.162%(j)
(Cost – $35,528,240) |
| | | | 35,528,240 | | |
| | | | | | | | | |
TOTAL INVESTMENTS – 103.2%
(Cost – $887,329,538) |
| | |
|
888,792,402
|
| |
| | | | | | | | | |
Liabilities in Excess of Other Assets – (3.2)%
|
| | | | (27,762,353) | | |
| | | | | | | | | |
TOTAL NET ASSETS – 100.0%
|
| | | $ | 861,030,049 | | |
|
General Obligation
|
| | | | 36.4% | | |
|
Education
|
| | | | 14.6 | | |
|
Water and Sewer
|
| | | | 7.7 | | |
|
Airport
|
| | | | 5.8 | | |
|
Development
|
| | | | 5.8 | | |
|
Transportation
|
| | | | 5.4 | | |
|
Health Care Providers & Services
|
| | | | 4.5 | | |
|
Power
|
| | | | 1.4 | | |
|
Single Family Housing
|
| | | | 1.2 | | |
|
Multifamily Housing
|
| | | | 0.9 | | |
|
Tobacco Settlement
|
| | | | 0.9 | | |
|
Bond Bank
|
| | | | 0.7 | | |
|
Utilities
|
| | | | 0.5 | | |
|
Nursing Homes
|
| | | | 0.4 | | |
|
Student Loan
|
| | | | 0.3 | | |
|
Housing
|
| | | | 0.1 | | |
|
Pollution
|
| | | | 0.1 | | |
|
Exchange Traded Fund (ETF)
|
| | | | 4.1 | | |
|
Short-Term Investments
|
| | | | 5.2 | | |
|
Money Market Fund
|
| | | | 4.0 | | |
| | | | | | 100.0% | | |
Open Futures Contracts
|
| |
Number of
Contracts |
| |
Expiration
Date (Month/Year) |
| |
Notional
Amounts |
| |
Market Value
|
| |
Unrealized
(Depreciation) |
| |||||||||||||||
Contracts to Sell: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
U.S. Long Bond (CBT)
|
| | | | 6 | | | | | | 6/24 | | | | | $ | (707,415) | | | | | $ | 715,500 | | | | | $ | (8,085) | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| ASSET-BACKED SECURITIES – 18.4% | | ||||||||||||
| | $ | 1,438,651 | | | | Aames Mortgage Investment Trust, Series 2005-4, Class M3, 6.215% (1-Month TSFR + 0.894%) due 10/25/35(a) |
| | | $ | 1,411,250 | | |
| | | 3,343,668 | | | |
ABFC Trust, Series 2003-OPT1, Class A3, 6.115% (1-Month TSFR + 0.794%)
due 4/25/33(a) |
| | | | 3,230,520 | | |
| | | 2,430,000 | | | |
Accredited Mortgage Loan Trust, Series 2006-2, Class M1, 5.705% (1-Month
TSFR + 0.384%) due 9/25/36(a) |
| | | | 2,254,836 | | |
| | | 4,000,000 | | | |
AGL Core CLO 2 Ltd., Series 2019-2A, Class A1, 6.969% (3-Month TSFR +
1.652%) due 4/20/32(a)(b) |
| | | | 4,011,828 | | |
| | | 2,500,000 | | | |
Allegro CLO IX Ltd., Series 2018-3A, Class B2, 7.276% (3-Month TSFR +
1.962%) due 10/16/31(a)(b) |
| | | | 2,500,653 | | |
| | | 5,000,000 | | | |
Anchorage Capital CLO 18 Ltd., Series 2021-18A, Class A1, 6.726% (3-Month
TSFR + 1.412%) due 4/15/34(a)(b) |
| | | | 5,002,862 | | |
| | | 6,507,000 | | | |
ARES LI CLO Ltd., Series 2019-51A, Class BR, 7.326% (3-Month TSFR +
2.012%) due 7/15/34(a)(b) |
| | | | 6,507,958 | | |
| | | 942,246 | | | |
Asset Backed Securities Corp. Home Equity Loan Trust, Series 2007-HE1,
Class A4, 3.738% (1-Month TSFR + 0.394%) due 12/25/36(a) |
| | | | 914,451 | | |
| | | | | | | Barings CLO Ltd.: | | | | | | | |
| | | 2,860,000 | | | |
Series 2020-1A, Class BR, 7.226% (3-Month TSFR + 1.912%) due
10/15/36(a)(b) |
| | | | 2,861,390 | | |
| | | 13,505,000 | | | |
Series 2021-1A, Class B, 6.986% (3-Month TSFR + 1.662%)
due 4/25/34(a)(b) |
| | | | 13,431,884 | | |
| | | 4,300,000 | | | |
Benefit Street Partners CLO XXIV Ltd., Series 2021-24A, Class B, 7.279%
(3-Month TSFR + 1.962%) due 10/20/34(a)(b) |
| | | | 4,301,238 | | |
| | | 5,475,000 | | | |
Buckhorn Park CLO Ltd., Series 2019-1A, Class B1R, 7.210% (3-Month TSFR +
1.912%) due 7/18/34(a)(b) |
| | | | 5,455,816 | | |
| | | 3,000,000 | | | |
Carlyle Global Market Strategies CLO Ltd., Series 2015-4A, Class A2R, 7.379%
(3-Month TSFR + 2.062%) due 7/20/32(a)(b) |
| | | | 3,002,241 | | |
| | | 2,059,304 | | | |
Carrington Mortgage Loan Trust, Series 2006-NC3, Class A3, 5.585% (1-Month
TSFR + 0.264%) due 8/25/36(a) |
| | | | 1,952,635 | | |
| | | 1,929,709 | | | |
CHEC Loan Trust, Series 2004-1, Class A3, 6.435% (1-Month TSFR + 1.114%)
due 7/25/34(a)(b) |
| | | | 1,841,071 | | |
| | | 588,241 | | | |
Countrywide Asset-Backed Certificates, Series 2004-2, Class M1, 6.185%
(1-Month TSFR + 0.864%) due 5/25/34(a) |
| | | | 587,000 | | |
| | | 176,736 | | | |
CWABS Asset-Backed Certificates Trust, Series 2007-2, Class 2A3, 5.575%
(1-Month TSFR + 0.254%) due 8/25/37(a) |
| | | | 175,636 | | |
| | | 75,510 | | | |
CWABS Inc. Asset-Backed Certificates Trust, Series 2007-12, Class 2A3, 6.235%
(1-Month TSFR + 0.914%) due 8/25/47(a) |
| | | | 75,086 | | |
| | | 1,557,231 | | | |
Ellington Loan Acquisition Trust, Series 2007-1, Class A1, 6.535% (1-Month
TSFR + 1.214%) due 5/25/37(a)(b) |
| | | | 1,495,475 | | |
| | | 2,606,516 | | | |
EquiFirst Mortgage Loan Trust, Series 2003-2, Class 1A1, 6.561% (1-Month
TSFR + 1.239%) due 9/25/33(a) |
| | | | 2,536,014 | | |
| | | 4,207,614 | | | |
Fremont Home Loan Trust, Series 2003-A, Class M1, 6.410% (1-Month TSFR +
1.089%) due 8/25/33(a) |
| | | | 4,201,922 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| ASSET-BACKED SECURITIES – (continued) | | ||||||||||||
| | $ | 2,810,000 | | | |
Home Equity Asset Trust, Series 2005-6, Class M5, 6.380% (1-Month TSFR +
1.059%) due 12/25/35(a) |
| | | $ | 2,593,776 | | |
| | | 3,000,000 | | | |
HPS Loan Management Ltd., Series 9A-2016, Class A2R, 7.271% (3-Month
TSFR + 1.962%) due 7/19/30(a)(b) |
| | | | 3,006,702 | | |
| | | 6,500,000 | | | |
Invesco CLO Ltd., Series 2022-3A, Class B, 8.068% (3-Month TSFR + 2.750%)
due 10/22/35(a)(b) |
| | | | 6,552,303 | | |
| | | 1,144,462 | | | |
JP Morgan Mortgage Acquisition Trust, Series 2007-CH4, Class A5, 5.675%
(1-Month TSFR + 0.354%) due 5/25/37(a) |
| | | | 1,134,293 | | |
| | | 1,904,855 | | | |
Long Beach Mortgage Loan Trust, Series 2004-4, Class M1, 6.335% (1-Month
TSFR + 1.014%) due 10/25/34(a) |
| | | | 1,824,685 | | |
| | | 1,318,903 | | | |
Longfellow Place CLO Ltd., Series 2013-1A, Class ERR, 13.276% (3-Month
TSFR + 7.962%) due 4/15/29(a)(b) |
| | | | 1,320,814 | | |
| | | 2,370,000 | | | |
Marathon CLO XI Ltd., Series 2018-11A, Class A2, 7.129% (3-Month TSFR +
1.812%) due 4/20/31(a)(b) |
| | | | 2,371,107 | | |
| | | 1,956,629 | | | |
Mastr Asset Backed Securities Trust, Series 2004-WMC1, Class M1, 6.215%
(1-Month TSFR + 0.894%) due 2/25/34(a) |
| | | | 1,983,243 | | |
| | | | | | | Merrill Lynch Mortgage Investors Trust: | | | | | | | |
| | | 363,163 | | | |
Series 2005-FM1, Class M1, 6.155% (1-Month TSFR + 0.834%) due
5/25/36(a) |
| | | | 357,012 | | |
| | | 1,661,269 | | | |
Series 2006-OPT1, Class A2C, 5.735% (1-Month TSFR + 0.414%) due
8/25/37(a) |
| | | | 1,538,298 | | |
| | | 5,950,000 | | | |
Neuberger Berman Loan Advisers CLO 29 Ltd., Series 2018-29A, Class B1,
7.271% (3-Month TSFR + 1.962%) due 10/19/31(a)(b) |
| | | | 5,958,908 | | |
| | | 771,933 | | | |
NovaStar Mortgage Funding Trust, Series 2006-1, Class A2C, 5.755% (1-Month
TSFR + 0.434%) due 5/25/36(a) |
| | | | 763,009 | | |
| | | | | | | Park Place Securities Inc. Asset-Backed Pass-Through Certificates: | | | | | | | |
| | | 3,600,000 | | | |
Series 2005-WCH1, Class M5, 6.755% (1-Month TSFR + 1.434%) due
1/25/36(a) |
| | | | 3,328,250 | | |
| | | 842,051 | | | |
Series 2005-WCW2, Class M2, 6.230% (1-Month TSFR + 0.909%) due
7/25/35(a) |
| | | | 829,498 | | |
| | | 2,275,932 | | | |
Ramp Trust, Series 2004-RS8, Class MII2, 5.220% (1-Month TSFR + 1.264%)
due 8/25/34(a) |
| | | | 2,229,298 | | |
| | | 9,505,000 | | | |
RR 4 Ltd., Series 2018-4A, Class A2, 7.126% (3-Month TSFR + 1.812%) due
4/15/30(a)(b) |
| | | | 9,518,857 | | |
| | | 2,354,055 | | | |
Specialty Underwriting & Residential Finance Trust, Series 2004-BC1, Class M1,
6.200% (1-Month TSFR + 0.879%) due 2/25/35(a) |
| | | | 2,315,144 | | |
| | | 380,000 | | | |
Steele Creek CLO Ltd., Series 2016-1A, Class ER, 11.396% (3-Month TSFR +
6.012%) due 6/15/31(a)(b) |
| | | | 309,959 | | |
| | | 5,041,859 | | | |
Stratus CLO Ltd., Series 2021-2A, Class A, 6.479% (3-Month TSFR + 1.162%)
due 12/28/29(a)(b) |
| | | | 5,016,089 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| | ||||||||
| ASSET-BACKED SECURITIES – (continued) | | | ||||||||||||||
| | $ | 3,055,639 | | | |
Structured Asset Investment Loan Trust, Series 2004-2, Class A4, 6.140%
(1-Month TSFR + 0.819%) due 3/25/34(a) |
| | | $ | 3,007,833 | | | | ||
| | | | | | | Structured Asset Securities Corp. Mortgage Loan Trust: | | | | | | | | | ||
| | | 2,600,000 | | | |
Series 2005-WF4, Class M8, 8.060% (1-Month TSFR + 2.739%) due
11/25/35(a) |
| | | | 2,425,655 | | | | ||
| | | 588,083 | | | |
Series 2006-BC6, Class A4, 5.605% (1-Month TSFR + 0.284%)
due 1/25/37(a) |
| | | | 576,722 | | | | ||
| | | 925,065 | | | |
Series 2006-GEL1, Class M2, 6.635% (1-Month TSFR + 1.314%) due
11/25/35(a)(b) |
| | | | 913,262 | | | | ||
| | | 715,079 | | | |
Series 2007-BC3, Class 2A3, 5.615% (1-Month TSFR + 0.294%) due
5/25/47(a) |
| | | | 683,154 | | | | ||
| | | | | | | Terwin Mortgage Trust: | | | | | | | | | ||
| | | 6,738,000 | | | |
Series 2006-5, Class 1A2C, 6.035% (1-Month TSFR + 0.714%) due
7/25/37(a)(b) |
| | | | 6,320,067 | | | | ||
| | | 2,465,000 | | | |
Series 2006-7, Class 1A2C, 5.975% (1-Month TSFR + 0.654%) due
7/25/37(a)(b) |
| | | | 2,076,630 | | | | ||
| | | 1,030,000 | | | |
Venture XVIII CLO Ltd., Series 2014-18A, Class ER, 12.166% (3-Month
TSFR + 6.852%) due 10/15/29(a)(b) |
| | | | 716,760 | | | | ||
| | | 1,291,000 | | | |
Vibrant CLO VIII Ltd., Series 2018-8A, Class A1B, 6.829% (3-Month TSFR +
1.512%) due 1/20/31(a)(b) |
| | | | 1,291,474 | | | | ||
| | | 2,850,000 | | | |
Wellfleet CLO Ltd., Series 2019-1A, Class A2R, 7.379% (3-Month TSFR +
2.062%) due 7/20/32(a)(b) |
| | | | 2,851,791 | | | | ||
| | | 7,000,000 | | | |
Wellfleet CLO X Ltd., Series 2019-XA, Class A2R, 7.329% (3-Month TSFR +
2.012%) due 7/20/32(a)(b) |
| | | | 7,003,587 | | | | ||
| | | | | | |
TOTAL ASSET-BACKED SECURITIES
(Cost – $147,737,098) |
| | |
|
148,569,946
|
| | | ||
| COLLATERALIZED MORTGAGE OBLIGATIONS – 16.6% | | | ||||||||||||||
| | | 1,710,487 | | | |
Adjustable Rate Mortgage Trust, Series 2005-2, Class 6M2, 6.415% (1-Month
TSFR + 1.094%) due 6/25/35(a) |
| | | | 1,678,333 | | | | ||
| | | 595,196 | | | |
Bear Stearns ALT-A Trust, Series 2006-8, Class 3A1, 5.755% (1-Month TSFR +
0.434%) due 2/25/34(a) |
| | | | 544,914 | | | | ||
| | | | | | | Connecticut Avenue Securities Trust: | | | | | | | | | | |
| | | 8,200,000 | | | |
Series 2019-HRP1, Class B1, 14.686% (SOFR30A + 9.364%) due
11/25/39(a)(b) |
| | | | 9,097,234 | | | | ||
| | | 6,734,000 | | | |
Series 2019-R01, Class 2B1, 9.786% (SOFR30A + 4.464%) due
7/25/31(a)(b) |
| | | | 7,239,050 | | | | ||
| | | 3,135,090 | | | |
Deutsche Alternative-A Securities Mortgage Loan Trust, Series 2007-OA5,
Class A1A, 5.635% (1-Month TSFR + 0.314%) due 8/25/47(a) |
| | | | 2,753,163 | | | | ||
| | | | | | |
Federal National Mortgage Association (FNMA), Connecticut Avenue Securities:
|
| | | | | | | | ||
| | | 531,002 | | | |
Series 2016-C01, Class 1B, 17.186% (SOFR30A + 11.864%) due
8/25/28(a)@ |
| | | | 610,043 | | | | ||
| | | 3,392,728 | | | |
Series 2016-C02, Class 1B, 17.686% (SOFR30A + 12.364%) due
9/25/28(a)@ |
| | | | 3,965,186 | | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COLLATERALIZED MORTGAGE OBLIGATIONS – (continued) | | ||||||||||||
| | $ | 484,842 | | | |
Series 2016-C03, Class 1B, 17.186% (SOFR30A + 11.864%) due
10/25/28(a)@ |
| | | $ | 563,887 | | |
| | | 2,308,272 | | | |
Series 2016-C03, Class 2M2, 11.336% (SOFR30A + 6.014%) due
10/25/28(a)@ |
| | | | 2,446,401 | | |
| | | 1,261,174 | | | |
Series 2016-C04, Class 1B, 15.686% (SOFR30A + 10.364%) due
1/25/29(a)@ |
| | | | 1,435,604 | | |
| | | 4,645,181 | | | |
Series 2016-C06, Class 1B, 14.686% (SOFR30A + 9.364%) due
4/25/29(a)@ |
| | | | 5,234,673 | | |
| | | 2,464,226 | | | |
FNBA Mortgage Loan Trust, Series 2004-AR1, Class M2, 7.084% (1-Month
TSFR + 1.764%) due 8/19/34(a) |
| | | | 2,515,546 | | |
| | | | | | | Freddie Mac STACR REMIC Trust: | | | | | | | |
| | | 5,438,000 | | | |
Series 2020-DNA1, Class B2, 10.686% (SOFR30A + 5.364%) due
1/25/50(a)(b) |
| | | | 5,795,038 | | |
| | | 3,780,000 | | | |
Series 2020-DNA5, Class B2, 16.822% (SOFR30A + 11.500%) due
10/25/50(a)(b) |
| | | | 5,044,194 | | |
| | | 5,600,000 | | | |
Series 2020-DNA6, Class B2, 10.972% (SOFR30A + 5.650%) due
12/25/50(a)(b) |
| | | | 6,080,368 | | |
| | | 2,932,711 | | | |
Series 2020-HQA3, Class B1, 11.186% (SOFR30A + 5.864%) due
7/25/50(a)(b) |
| | | | 3,255,310 | | |
| | | 1,280,000 | | | |
Series 2020-HQA3, Class B2, 15.436% (SOFR30A + 10.114%) due
7/25/50(a)(b) |
| | | | 1,694,072 | | |
| | | 1,260,000 | | | |
Series 2020-HQA4, Class B2, 14.836% (SOFR30A + 9.514%) due
9/25/50(a)(b) |
| | | | 1,637,618 | | |
| | | | | | | Freddie Mac STACR Trust: | | | | | | | |
| | | 5,000,000 | | | |
Series 2019-DNA2, Class B2, 15.936% (SOFR30A + 10.614%) due
3/25/49(a)(b) |
| | | | 6,039,467 | | |
| | | 4,870,000 | | | |
Series 2019-DNA3, Class B2, 13.586% (SOFR30A + 8.264%) due
7/25/49(a)(b) |
| | | | 5,613,091 | | |
| | | 4,588,000 | | | |
Series 2019-DNA4, Class B2, 11.686% (SOFR30A + 6.364%) due
10/25/49(a)(b) |
| | | | 5,064,483 | | |
| | | 5,800,000 | | | |
Series 2019-FTR1, Class B2, 13.786% (SOFR30A + 8.464%) due
1/25/48(a)(b) |
| | | | 6,854,546 | | |
| | | 4,030,000 | | | |
Series 2019-HQA1, Class B2, 17.686% (SOFR30A + 12.364%) due
2/25/49(a)(b) |
| | | | 5,092,501 | | |
| | | 5,500,000 | | | |
Series 2019-HQA2, Class B1, 9.536% (SOFR30A + 4.214%) due
4/25/49(a)(b) |
| | | | 5,912,515 | | |
| | | 5,000,000 | | | |
Series 2019-HRP1, Class B2, 14.936% (SOFR30A + 9.614%) due
2/25/49(a)(b) |
| | | | 5,747,886 | | |
| | | | | | | Freddie Mac Structured Agency Credit Risk Debt Notes: | | | | | | | |
| | | 5,000,901 | | | |
Series 2015-DNA2, Class B, 12.986% (SOFR30A + 7.664%) due
12/25/27(a) |
| | | | 5,290,806 | | |
| | | 1,906,698 | | | |
Series 2016-DNA1, Class B, 15.436% (SOFR30A + 10.114%) due
7/25/28(a) |
| | | | 2,125,350 | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| | | ||||||||||
| COLLATERALIZED MORTGAGE OBLIGATIONS – (continued) | | | | ||||||||||||||||
| | $ | 1,061,187 | | | |
Series 2016-DNA4, Class B, 14.036% (SOFR30A + 8.714%) due
3/25/29(a)@ |
| | | $ | 1,177,546 | | | | | ||||
| | | 1,978,916 | | | |
Series 2016-HQA3, Class B, 14.436% (SOFR30A + 9.114%) due
3/25/29(a)@ |
| | | | 2,194,453 | | | | | ||||
| | | 551,468 | | | |
Series 2017-DNA2, Class B2, 16.686% (SOFR30A + 11.364%) due
10/25/29(a) |
| | | | 660,032 | | | | | ||||
| | | 4,290,000 | | | |
Series 2017-HQA3, Class B1, 9.886% (SOFR30A + 4.564%) due
4/25/30(a)@ |
| | | | 4,632,971 | | | | | ||||
| | | 2,448,030 | | | |
HomeBanc Mortgage Trust, Series 2005-4, Class M3, 6.245% (1-Month TSFR +
0.924%) due 10/25/35(a) |
| | | | 2,171,744 | | | | | ||||
| | | 3,105,642 | | | |
IndyMac INDX Mortgage Loan Trust, Series 2006-FLX1, Class A1, 5.855%
(1-Month TSFR + 0.534%) due 11/25/36(a) |
| | | | 2,785,669 | | | | | ||||
| | | | | | | STACR Trust: | | | | | | | | | | | | ||
| | | 4,634,022 | | | |
Series 2018-HRP1, Class B1, 9.186% (SOFR30A + 3.864%) due
4/25/43(a)(b) |
| | | | 4,771,394 | | | | | ||||
| | | 4,721,780 | | | |
Series 2018-HRP1, Class B2, 17.186% (SOFR30A + 11.864%) due
5/25/43(a)(b) |
| | | | 5,691,779 | | | | | ||||
| | | | | | |
TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS
(Cost – $125,135,019) |
| | |
|
133,416,867
|
| | | | ||||
| CORPORATE BONDS & NOTES – 14.1% | | | | ||||||||||||||||
| Consumer Cyclical – 5.1% | | | | ||||||||||||||||
| | | 6,551,000 | | | |
Cinemark USA Inc., Company Guaranteed Notes, 5.875% due 3/15/26(b)
|
| | | | 6,453,092 | | | | | ||||
| | | 9,891,000 | | | |
Full House Resorts Inc., Senior Secured Notes, 8.250% due 2/15/28(b)
|
| | | | 9,274,988 | | | | | ||||
| | | 8,595,000 | | | |
Golden Entertainment Inc., Senior Unsecured Notes, 7.625% due 4/15/26(b)(c)
|
| | | | 8,556,958 | | | | | ||||
| | | 2,794,000 | | | |
Kohl’s Corp., Senior Unsecured Notes, 4.625% due 5/1/31
|
| | | | 2,200,275 | | | | | ||||
| | | | | | | Macy’s Retail Holdings LLC, Company Guaranteed Notes: | | | | | | | | | | ||||
| | | 6,896,000 | | | |
6.125% due 3/15/32(b)
|
| | | | 6,418,590 | | | | | ||||
| | | 4,043,000 | | | |
5.125% due 1/15/42
|
| | | | 3,153,540 | | | | | ||||
| | | 529,000 | | | |
Michael Kors USA Inc., Company Guaranteed Notes, 4.250% due 11/1/24(b)
|
| | | | 519,081 | | | | | ||||
| | | 4,356,000 | | | |
Six Flags Theme Parks Inc., Senior Secured Notes, 7.000% due 7/1/25(b)
|
| | | | 4,366,119 | | | | | ||||
| | | | | | |
Total Consumer Cyclical
|
| | | | 40,942,643 | | | | | ||||
| Consumer Non-cyclical – 2.3% | | | | | | | | ||||||||||||
| | | 11,923,000 | | | |
Arrow Bidco LLC, Secured Notes, 10.750% due 6/15/25(b)
|
| | | | 12,280,690 | | | | | ||||
| | | 6,444,000 | | | |
Williams Scotsman Inc., Senior Secured Notes, 6.125% due 6/15/25(b)
|
| | | | 6,431,821 | | | | | ||||
| | | | | | |
Total Consumer Non-cyclical
|
| | | | 18,712,511 | | | | | ||||
| Energy – 0.4% | | | | | | | | ||||||||||||
| | | 3,025,000 | | | |
Calumet Specialty Products Partners LP/Calumet Finance Corp., Company
Guaranteed Notes, 11.000% due 4/15/25(b) |
| | | | 3,048,050 | | | | | ||||
| Financial – 0.9% | | | | | | | | ||||||||||||
| | | 7,138,000 | | | |
Enact Holdings Inc., Senior Unsecured Notes, 6.500% due 8/15/25(b)
|
| | | | 7,138,286 | | | | |
|
Face Amount/Units
|
| |
Security
|
| |
Value
|
| | | ||||||||||
| CORPORATE BONDS & NOTES – (continued) | | | | ||||||||||||||||
| Industrial – 2.5% | | | | | | | | ||||||||||||
| | $ | 8,665,000 | | | |
Danaos Corp., Senior Unsecured Notes, 8.500% due 3/1/28(b)
|
| | | $ | 8,892,196 | | | | | ||||
| | | 6,201,000 | | | |
Triumph Group Inc., Company Guaranteed Notes, 7.750% due 8/15/25
|
| | | | 6,187,978 | | | | | ||||
| | | 5,304,000 | | | |
WESCO Distribution Inc., Company Guaranteed Notes, 7.125% due
6/15/25(b) |
| | | | 5,335,692 | | | | | ||||
| | | | | | |
Total Industrial
|
| | | | 20,415,866 | | | | | ||||
| Technology – 0.2% | | | | | | | | ||||||||||||
| | | 1,153,000 | | | |
NCR Atleos Corp., Senior Secured Notes, 9.500% due 4/1/29(b)
|
| | | | 1,219,638 | | | | | ||||
| Utilities – 2.7% | | | | | | | | ||||||||||||
| | | 8,428,867 | | | |
NRG Energy Inc., Junior Subordinated Notes, 10.250% (5-Year CMT Index +
5.920%) (a)(b)(d) |
| | | | 8,941,924 | | | | | ||||
| | | 13,154,000 | | | |
Vistra Corp., Junior Subordinated Notes, 7.000% (5-Year CMT Index +
5.740%)(a)(b)(d) |
| | | | 12,726,495 | | | | | ||||
| | | | | | |
Total Utilities
|
| | | | 21,668,419 | | | | | ||||
| | | | | | |
TOTAL CORPORATE BONDS & NOTES
(Cost – $111,156,131) |
| | |
|
113,145,413
|
| | | | ||||
| SENIOR LOANS(a) – 1.0% | | | | ||||||||||||||||
| | | 4,018,000 | | | |
Crown Subsea Communications Holding Inc., 4.75% due 1/30/31(e)
|
| | | | 4,033,067 | | | | | ||||
| | | 4,016,000 | | | |
Recess Holdings Inc., due 2/20/30(e)
|
| | | | 4,016,000 | | | | | ||||
| | | | | | |
TOTAL SENIOR LOANS
(Cost – $7,992,563) |
| | |
|
8,049,067
|
| | | |
|
Shares/Units
|
| | | | | | | | | | | | |||||||
| COMMON STOCKS – 13.6% | | | | ||||||||||||||||
| COMMUNICATIONS – 0.7% | | | | ||||||||||||||||
| Media – 0.7% | | | | ||||||||||||||||
| | | 193,340 | | | |
Liberty Media Corp.-Liberty SiriusXM, Class A Shares*
|
| | | | 5,633,927 | | | | | ||||
| CONSUMER CYCLICAL – 3.0% | | | | ||||||||||||||||
| Apparel – 0.5% | | | | | | | | ||||||||||||
| | | 88,136 | | | |
Capri Holdings Ltd.*
|
| | | | 4,065,714 | | | | | ||||
| Distribution/Wholesale – 0.2% | | | | | | | | ||||||||||||
| | | 169,175 | | | |
MRC Global Inc.*
|
| | | | 1,950,588 | | | | | ||||
| Entertainment – 2.2% | | | | | | | | ||||||||||||
| | | 30,159 | | | |
Caesars Entertainment Inc.*
|
| | | | 1,311,012 | | | | | ||||
| | | 440,776 | | | |
Golden Entertainment Inc.(c)
|
| | | | 16,335,159 | | | | | ||||
| | | | | | |
Total Entertainment
|
| | | | 17,646,171 | | | | | ||||
| Lodging – 0.1% | | | | | | | | ||||||||||||
| | | 94,779 | | | |
Playa Hotels & Resorts NV*
|
| | | | 871,019 | | | | | ||||
| | | | | | |
TOTAL CONSUMER CYCLICAL
|
| | | | 24,533,492 | | | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| CONSUMER NON-CYCLICAL – 6.5% | | ||||||||||||
| Biotechnology – 4.2% | | ||||||||||||
| | | 37,200 | | | |
Apogee Therapeutics Inc.*(f)
|
| | | $ | 1,295,304 | | |
| | | 70,340 | | | |
Calidi Biotherapeutics Inc.*@
|
| | | | 41,993 | | |
| | | 326,410 | | | |
Crinetics Pharmaceuticals Inc.*(g)
|
| | | | 13,363,226 | | |
| | | 102,962 | | | |
Crinetics Pharmaceuticals Inc.*(g)@
|
| | | | 4,215,264 | | |
| | | 238,041 | | | |
Relay Therapeutics Inc.*
|
| | | | 2,385,171 | | |
| | | 255,592 | | | |
Xenon Pharmaceuticals Inc.*
|
| | | | 12,063,942 | | |
| | | | | | |
Total Biotechnology
|
| | | | 33,364,900 | | |
| Commercial Services – 1.8% | | ||||||||||||
| | | 67,720 | | | |
GXO Logistics Inc.*
|
| | | | 3,505,187 | | |
| | | 230,056 | | | |
WillScot Mobile Mini Holdings Corp.*
|
| | | | 10,985,174 | | |
| | | | | | |
Total Commercial Services
|
| | | | 14,490,361 | | |
| Food – 0.5% | | ||||||||||||
| | | 197,049 | | | |
Albertsons Cos., Inc., Class A Shares
|
| | | | 3,996,154 | | |
| | | | | | |
TOTAL CONSUMER NON-CYCLICAL
|
| | | | 51,851,415 | | |
| DIVERSIFIED – 0.8% | | ||||||||||||
| SPACs – 0.8% | | ||||||||||||
| | | 299,624 | | | |
Ares Acquisition Corp. II*
|
| | | | 3,155,041 | | |
| | | 292,343 | | | |
Haymaker Acquisition Corp. 4*
|
| | | | 3,028,673 | | |
| | | | | | |
Total SPAs
|
| | | | 6,183,714 | | |
| FINANCIAL – 1.8% | | ||||||||||||
| Banks – 1.8% | | ||||||||||||
| | | 990,406 | | | |
Blue Foundry Bancorp*(c)
|
| | | | 9,329,624 | | |
| | | 855,709 | | | |
Kearny Financial Corp.(c)
|
| | | | 5,442,309 | | |
| | | | | | |
Total Banks
|
| | | | 14,771,933 | | |
| | | | | | |
TOTAL FINANCIAL
|
| | | | 14,771,933 | | |
| INDUSTRIAL – 0.8% | | ||||||||||||
| Metal Fabricate/Hardware – 0.8% | | ||||||||||||
| | | 674,014 | | | |
Hillman Solutions Corp.*(c)
|
| | | | 6,564,896 | | |
| | | | | | |
TOTAL COMMON STOCKS
(Cost – $94,388,349) |
| | |
|
109,539,377
|
| |
| OPEN-END FUNDS – 22.4% | | ||||||||||||
| | | 13,852,239 | | | |
JPMorgan Strategic Income Opportunities Fund, Class R6 Shares
|
| | | | 158,608,138 | | |
| | | 1,749,136 | | | |
Palm Valley Capital Fund
|
| | | | 21,829,220 | | |
| | | | | | |
TOTAL OPEN-END FUNDS
(Cost – $178,988,444) |
| | |
|
180,437,358
|
| |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| PREFERRED STOCK – 1.0% | | ||||||||||||
| CONSUMER CYCLICAL – 1.0% | | ||||||||||||
| Distribution/Wholesale – 1.0% | | ||||||||||||
| | | 292,290 | | | |
WESCO International Inc., 10.625%(a)(d)
(Cost – $7,856,063) |
| | | | 7,921,059 | | |
| WARRANTS – 0.0% | | ||||||||||||
| DIVERSIFIED – 0.0% | | ||||||||||||
| SPACs – 0.0% | | ||||||||||||
| | | 149,812 | | | |
Ares Acquisition Corp. II*(h)
|
| | | | 26,966 | | |
| | | 468,723 | | | |
Bridger Aerospace Group Holdings Inc.*(h)
|
| | | | 98,385 | | |
| | | 556,875 | | | |
Calidi Biotherapeutics Inc.*(h)
|
| | | | 22,275 | | |
| | | 146,171 | | | |
Haymaker Acquisition Corp. 4*(h)
|
| | | | 23,402 | | |
| | | 131,807 | | | |
Inspirato Inc.*(h)
|
| | | | 1,265 | | |
| | | 358,816 | | | |
Pagaya Technologies Ltd.*(h)
|
| | | | 57,411 | | |
| | | 88,320 | | | |
REVOLUTION Medicines Inc.*(h)
|
| | | | 18,132 | | |
| | | 77,310 | | | |
SomaLogic Inc.*(f)(g)(h)
|
| | | | 7,808 | | |
| | | 23,299 | | | |
X4 Pharmaceuticals Inc.*(g)
|
| | | | 28 | | |
| | | | | | |
Total SPACs
|
| | | | 255,672 | | |
| | | | | | |
TOTAL DIVERSIFIED
|
| | | | 255,672 | | |
| | | | | | |
TOTAL WARRANTS
(Cost – $2,366,599) |
| | |
|
255,672
|
| |
| | | | | | |
TOTAL INVESTMENTS BEFORE SHORT-TERM INVESTMENTS
(Cost – $675,620,266) |
| | |
|
701,334,759
|
| |
|
Face Amount†
|
| | | | | | | | | | |||
| SHORT-TERM INVESTMENTS – 10.7% | | ||||||||||||
| TIME DEPOSITS – 10.7% | | ||||||||||||
| | $ | 166 | | | |
ANZ National Bank – London, 4.680% due 3/1/24
|
| | | | 166 | | |
| | | 2,729,614 | | | |
Citibank – New York, 4.680% due 3/1/24
|
| | | | 2,729,614 | | |
| | | 37,946,797 | | | |
JPMorgan Chase & Co. – New York, 4.680% due 3/1/24
|
| | | | 37,946,797 | | |
| | | 16,718,466 | | | |
Royal Bank of Canada – Toronto, 4.680% due 3/1/24
|
| | | | 16,718,466 | | |
| | | 29,181,202 | | | |
Skandinaviska Enskilda Banken AB – Stockholm, 4.680% due 3/1/24
|
| | | | 29,181,202 | | |
| | | | | | |
TOTAL TIME DEPOSITS
(Cost – $86,576,245) |
| | |
|
86,576,245
|
| |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| INVESTMENTS PURCHASED WITH CASH PROCEEDS FROM SECURITIES LENDING – 0.1% | | ||||||||||||
| MONEY MARKET FUND – 0.1% | | ||||||||||||
| | | 1,027,244 | | | |
Federated Government Obligations Fund, Premier Class, 5.162%(i)
(Cost – $1,027,244) |
| | | $ | 1,027,244 | | |
| | | | | | |
TOTAL INVESTMENTS – 97.9%
(Cost – $763,223,755) |
| | | | 788,938,248 | | |
| | | | | | |
Other Assets in Excess of Liabilities – 2.1%
|
| | | | 17,292,469 | | |
| | | | | | | TOTAL NET ASSETS – 100.0% | | | | $ | 806,230,717 | | |
Security
|
| |
First
Acquisition Date |
| |
First
Acquisition Cost |
| |
Market
Value |
| |
Percent of
Net Assets |
| ||||||||||||
Federal National Mortgage Association (FNMA), Connecticut
Avenue Securities: |
| | | | | | | | | | | | | | | | | | | | | | | | |
Series 2016-C01, Class 1B, 17.186% (SOFR30A + 11.864%) due
8/25/28 |
| | | | 8/3/2021 | | | | | $ | 236,453 | | | | | $ | 610,043 | | | | | | 0.08% | | |
Series 2016-C02, Class 1B, 17.686% (SOFR30A + 12.364%) due
9/25/28 |
| | | | 8/10/2021 | | | | | | 799,642 | | | | | | 3,965,186 | | | | | | 0.49% | | |
Series 2016-C03, Class 1B, 17.186% (SOFR30A + 11.864%) due
10/25/28 |
| | | | 4/27/2022 | | | | | | 537,977 | | | | | | 563,887 | | | | | | 0.07% | | |
Series 2016-C03, Class 2M2, 11.336% (SOFR30A + 6.014%) due
10/25/28 |
| | | | 3/17/2020 | | | | | | 2,941,204 | | | | | | 2,446,401 | | | | | | 0.30% | | |
Series 2016-C04, Class 1B, 15.686% (SOFR30A + 10.364%) due
1/25/29 |
| | | | 4/13/2022 | | | | | | 1,355,446 | | | | | | 1,435,604 | | | | | | 0.18% | | |
Series 2016-C06, Class 1B, 14.686% (SOFR30A + 9.364%) due
4/25/29 |
| | | | 3/11/2022 | | | | | | 2,850,909 | | | | | | 5,234,673 | | | | | | 0.65% | | |
Freddie Mac Structured Agency Credit Risk Debt Notes: | | | | | | | | | | | | | | | | | | | | | | | | | |
Series 2016-DNA4, Class B, 14.036% (SOFR30A + 8.714%) due
3/25/29 |
| | | | 3/11/2022 | | | | | | 1,105,244 | | | | | | 1,177,546 | | | | | | 0.15% | | |
Series 2016-HQA3, Class B, 14.436% (SOFR30A + 9.114%) due
3/25/29 |
| | | | 1/27/2022 | | | | | | 2,131,393 | | | | | | 2,194,453 | | | | | | 0.27% | | |
Series 2017-HQA3, Class B1, 9.886% (SOFR30A + 4.564%) due
4/25/30 |
| | | | 4/29/2021 | | | | | | 4,504,500 | | | | | | 4,632,971 | | | | | | 0.57% | | |
Calidi Biotherapeutics Inc.
|
| | | | 9/10/2021 | | | | | | 306 | | | | | | 41,993 | | | | | | 0.01% | | |
Crinetics Pharmaceuticals Inc.
|
| | | | 2/28/2024 | | | | | | 4,324,404 | | | | | | 4,215,264 | | | | | | 0.52% | | |
| | | | | | | | | | | | | | | | $ | 26,518,021 | | | | | | 3.29% | | |
|
Open-End Funds
|
| | | | 22.9% | | |
|
Asset-Backed Securities
|
| | | | 18.8 | | |
|
Collateralized Mortgage Obligations
|
| | | | 16.9 | | |
|
Corporate Bonds & Notes
|
| | | | 14.4 | | |
|
Common Stocks
|
| | | | 13.9 | | |
|
Senior Loans
|
| | | | 1.0 | | |
|
Preferred Stock
|
| | | | 1.0 | | |
|
Warrants
|
| | | | 0.0* | | |
|
Short-Term Investments
|
| | | | 11.0 | | |
|
Money Market Fund
|
| | | | 0.1 | | |
| | | | | | 100.0% | | |
|
Number of
Contracts |
| |
Notional
Amount |
| |
Security Name
|
| |
Counterparty
|
| |
Expiration
Date |
| |
Exercise
Rate |
| |
Value
|
| ||||||||||||
|
576
|
| |
$2,750,400
|
| |
WillScot Mobile Mini Holdings Corp., Call
|
| | | | CCL | | | | | | 3/15/24 | | | | | $ | 50.00 | | | | | $ | (17,280) | | |
| | | | | | |
TOTAL OPTION CONTRACTS WRITTEN
(Premiums received – $133,326) |
| | | | | | | | | | | | | | | | | | | | | $ | (17,280) | | |
Currency
|
| |
Notional
Amount |
| |
Maturity
Date |
| |
Counterparty
|
| |
Payment
Frequency |
| |
Pay
|
| |
Receive
|
| |
Unrealized
Appreciation/ (Depreciation) |
| |||
USD
|
| | | $ | 8,544,314 | | | |
2/23/25
|
| |
GSC
|
| |
1-Month
|
| |
USD-Federal Funds-H.15
|
| |
GSCBGDEN Basket*
|
| |
$(137,784)
|
|
USD
|
| | | | 13,974,272 | | | |
4/29/24
|
| |
GSC
|
| |
1-Month
|
| |
USD-Federal Funds-H.15
|
| |
GSUCDHY1 Basket**
|
| |
4,942
|
|
USD
|
| | | | 2,880,523 | | | |
2/10/25
|
| |
GSC
|
| |
1-Month
|
| |
USD-Federal Funds-H.15
|
| |
GSCBDNYB Basket***
|
| |
78,241
|
|
USD
|
| | | | 10,212,998 | | | |
8/28/24
|
| |
GSC
|
| |
1-Month
|
| |
USD-Federal Funds-H.15
|
| |
Cannae Holdings Inc.
|
| |
104,021
|
|
USD
|
| | | | 9,838,187 | | | |
2/24/25
|
| |
GSC
|
| |
1-Month
|
| |
USD-Federal Funds-H.15
|
| |
GSCNNED3 Basket****
|
| |
(18,338)
|
|
| | | | | | | | | | | | | | | | | | | | | | | |
$ 31,082
|
|
Security
|
| |
Shares
|
| |
Value as of
February 29, 2024 |
| |
% of the Basket
|
| |||||||||
Red Rock Resorts Inc.
|
| | | | 58,616 | | | | | $ | 3,399,142 | | | | | | 34% | | |
Boyd Gaming Corp.
|
| | | | 45,658 | | | | | | 3,019,364 | | | | | | 30% | | |
Churchill Downs Inc.
|
| | | | 20,072 | | | | | | 2,446,175 | | | | | | 24% | | |
Penn Entertainment Inc.
|
| | | | 62,853 | | | | | | 1,150,210 | | | | | | 12% | | |
| | | | | | | | | | | | | | | | | 100% | | |
Security
|
| |
Shares
|
| |
Value as of
February 29, 2024 |
| |
% of the Basket
|
| |||||||||
Absury Automotive Group, Inc.
|
| | | | 463,236 | | | | | $ | 421,003 | | | | | | 4% | | |
Ardagh Metal Packaging Finance USA LLC
|
| | | | 463,236 | | | | | | 374,545 | | | | | | 4% | | |
Aramark Services, Inc.
|
| | | | 463,236 | | | | | | 442,854 | | | | | | 4% | | |
Ball Corporation
|
| | | | 463,236 | | | | | | 389,183 | | | | | | 4% | | |
Bath & BodyWorks, Inc.
|
| | | | 463,236 | | | | | | 454,180 | | | | | | 4% | | |
1011778 B.C. Unlimited Liability Company
|
| | | | 463,236 | | | | | | 405,735 | | | | | | 4% | | |
Builders FirstSource, Inc.
|
| | | | 463,236 | | | | | | 406,601 | | | | | | 4% | | |
Standard Building Solutions Inc.
|
| | | | 463,236 | | | | | | 382,156 | | | | | | 3% | | |
Mauser Packaging Solutions Holding Company
|
| | | | 463,236 | | | | | | 468,725 | | | | | | 3% | | |
Carnival Corp.
|
| | | | 463,236 | | | | | | 451,470 | | | | | | 3% | | |
Emerald Debt Merger Sub LLC
|
| | | | 463,236 | | | | | | 464,311 | | | | | | 3% | | |
Fertitta Entertainment LLC
|
| | | | 463,236 | | | | | | 408,648 | | | | | | 3% | | |
GFL Environment, Inc.
|
| | | | 463,236 | | | | | | 432,088 | | | | | | 3% | | |
Chart Industries, Inc.
|
| | | | 463,236 | | | | | | 476,128 | | | | | | 3% | | |
Hilton Domestic Operating Company, Inc.
|
| | | | 463,236 | | | | | | 396,725 | | | | | | 3% | | |
Imola Merger Corp.
|
| | | | 463,236 | | | | | | 427,928 | | | | | | 3% | | |
Las Vegas Sands Corp.
|
| | | | 463,236 | | | | | | 417,186 | | | | | | 3% | | |
MGM Resorts International
|
| | | | 463,236 | | | | | | 433,946 | | | | | | 3% | | |
NCL Corporation Ltd.
|
| | | | 463,236 | | | | | | 473,034 | | | | | | 3% | | |
PetSmart LLC
|
| | | | 463,236 | | | | | | 456,102 | | | | | | 3% | | |
Royal Caribbean Cruises Ltd.
|
| | | | 463,236 | | | | | | 490,771 | | | | | | 3% | | |
Transocean Inc.
|
| | | | 463,236 | | | | | | 450,835 | | | | | | 3% | | |
Rolls-Royce PLC
|
| | | | 463,236 | | | | | | 461,948 | | | | | | 3% | | |
Spirit Aerosystems, Inc.
|
| | | | 463,236 | | | | | | 499,739 | | | | | | 3% | | |
Sensata Technologies B.V.
|
| | | | 463,236 | | | | | | 418,946 | | | | | | 3% | | |
Transdigm Inc.
|
| | | | 463,236 | | | | | | 468,762 | | | | | | 3% | | |
Viking Cruises Ltd.
|
| | | | 463,236 | | | | | | 501,263 | | | | | | 3% | | |
Wesco Distribution, Inc.
|
| | | | 463,236 | | | | | | 472,334 | | | | | | 3% | | |
Weatherford International Ltd.
|
| | | | 463,236 | | | | | | 478,847 | | | | | | 3% | | |
Wynn LasVegas, LLC
|
| | | | 463,236 | | | | | | 451,155 | | | | | | 3% | | |
Yum! Brands, Inc.
|
| | | | 463,236 | | | | | | 424,324 | | | | | | 3% | | |
| | | | | | | | | | | | | | | | | 100% | | |
|
Valley National Bancorp
|
| | | | 50% | | |
|
Dime Community Bancshares Inc.
|
| | | | 12% | | |
|
Metropolitan Bank Holding Corp.
|
| | | | 11% | | |
|
Amalgamated Financial Corp.
|
| | | | 7% | | |
|
Northfield Bancorp Inc.
|
| | | | 5% | | |
|
Flushing Financial Corp.
|
| | | | 5% | | |
|
The First of Long Island Corp.
|
| | | | 5% | | |
|
Peapack-Gladstone Financial Corp.
|
| | | | 4% | | |
|
Bankwell Financial Group Inc.
|
| | | | 1% | | |
| | | | | | 100% | | |
Security
|
| |
Shares
|
| |
Value as of
February 29, 2024 |
| |
% of the Basket
|
| |||||||||
Dun & Bradstreet Holdings Inc.
|
| | | | 99 | | | | | $ | 1,043 | | | | | | 56% | | |
Alight Inc.
|
| | | | 66 | | | | | | 595 | | | | | | 32% | | |
Dayforce Inc.
|
| | | | 7 | | | | | | 488 | | | | | | 9% | | |
Paysafe Ltd.
|
| | | | 6.25 | | | | | | 90 | | | | | | 3% | | |
| | | | | | | | | | | | | | | | | 100% | | |
Reference Obligation |
| |
Fixed Deal
Receive Rate |
| |
Maturity
Date |
| |
Payment
Frequency(2) |
| |
Counter
party |
| |
Implied Credit
Spread at 2/29/24(3) |
| |
Notional
Amounts |
| |
Market Value
|
| |
Upfront
Premiums Paid/ (Received) |
| |
Unrealized
Appreciation |
| ||||||||||||||||||
CDX.NA.HY.35 | | | | | 5.000% | | | | | | 12/20/25 | | | |
3-Month
|
| |
MSCS
|
| | | | 0.602% | | | |
USD 20,000,000
|
| | | $ | 1,726,186 | | | | | $ | 651,500 | | | | | $ | 1,074,686 | | |
CDX.NA.HY.41 | | | | | 5.000% | | | | | | 12/20/28 | | | |
3-Month
|
| |
MSCS
|
| | | | 2.065% | | | |
USD 30,000,000
|
| | | | 4,058,517 | | | | | | 1,366,800 | | | | | | 2,691,717 | | |
CDX.NA.IG.39 | | | | | 1.000% | | | | | | 12/20/27 | | | |
3-Month
|
| |
GSC
|
| | | | 1.533% | | | |
USD 60,000,000
|
| | | | (991,360) | | | | | | (8,736,000) | | | | | | 7,744,640 | | |
CDX.NA.IG.39 | | | | | 1.000% | | | | | | 12/20/27 | | | |
3-Month
|
| |
MSCS
|
| | | | 1.533% | | | |
USD 20,000,000
|
| | | | (330,453) | | | | | | (2,630,800) | | | | | | 2,300,347 | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | $ | 4,462,890 | | | | | $ | (9,348,500) | | | | | $ | 13,811,390 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| SECURITIES SOLD SHORT – 3.6% | | ||||||||||||
| EXCHANGE TRADED FUNDS (ETFs) – 3.5% | | ||||||||||||
| | | 46,521 | | | |
iShares Russell 2000, Class Common Shares
|
| | | $ | 9,477,723 | | |
| | | 117,810 | | | |
SPDR S&P Biotech
|
| | | | 11,594,860 | | |
| | | 153,083 | | | |
SPDR S&P Regional Banking
|
| | | | 7,369,416 | | |
| | | | | | |
Total Exchange Traded Funds (ETFs)
|
| | | | 28,441,999 | | |
| | | | | | |
TOTAL EXCHANGE TRADED FUNDS (ETFs)
(Proceeds – $36,191,511) |
| | |
|
28,441,999
|
| |
| COMMON STOCK – 0.1% | | ||||||||||||
| CONSUMER CYCLICAL – 0.1% | | ||||||||||||
| Retail – 0.1% | | ||||||||||||
| | | 40,542 | | | |
Macy’s Inc.
(Proceeds – $750,186) |
| | | | 707,053 | | |
| | | | | | |
TOTAL SECURITIES SOLD SHORT – 3.6%
(Proceeds – $36,941,697) |
| | | $ | 29,149,052 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| | | ||||||||||
| COMMON STOCKS – 99.1% | | | | ||||||||||||||||
| BASIC MATERIALS – 1.8% | | | | ||||||||||||||||
| Chemicals – 1.5% | | | | ||||||||||||||||
| | | 2,745 | | | |
Huntsman Corp.
|
| | | $ | 70,272 | | | | | ||||
| | | 1,690 | | | |
Linde PLC
|
| | | | 758,506 | | | | | ||||
| | | 2,192 | | | |
LyondellBasell Industries NV, Class A Shares
|
| | | | 219,814 | | | | | ||||
| | | 2,786 | | | |
Nutrien Ltd.
|
| | | | 145,541 | | | | | ||||
| | | 442 | | | |
Olin Corp.
|
| | | | 23,780 | | | | | ||||
| | | 1,318 | | | |
RPM International Inc.
|
| | | | 152,031 | | | | | ||||
| | | | | | |
Total Chemicals
|
| | | | 1,369,944 | | | | | ||||
| Iron/Steel – 0.0% | | | | | | | | ||||||||||||
| | | 1,732 | | | |
Vale SA, Class B Shares, ADR
|
| | | | 23,226 | | | | | ||||
| Mining – 0.3% | | | | | | | | ||||||||||||
| | | 1,743 | | | |
Barrick Gold Corp.
|
| | | | 25,552 | | | | | ||||
| | | 6,964 | | | |
Freeport-McMoRan Inc.
|
| | | | 263,309 | | | | | ||||
| | | 651 | | | |
Rio Tinto PLC, ADR
|
| | | | 42,009 | | | | | ||||
| | | 396 | | | |
Southern Copper Corp.
|
| | | | 32,020 | | | | | ||||
| | | | | | |
Total Mining
|
| | | | 362,890 | | | | | ||||
| | | | | | |
TOTAL BASIC MATERIALS
|
| | | | 1,756,060 | | | | | ||||
| COMMUNICATIONS – 14.0% | | | | ||||||||||||||||
| Internet – 11.6% | | | | ||||||||||||||||
| | | 1,791 | | | |
Alphabet Inc., Class A Shares*(a)
|
| | | | 247,982 | | | | | ||||
| | | 23,946 | | | |
Alphabet Inc., Class C Shares*(a)
|
| | | | 3,347,172 | | | | | ||||
| | | 21,452 | | | |
Amazon.com Inc.*(a)
|
| | | | 3,791,856 | | | | | ||||
| | | 139 | | | |
Booking Holdings Inc.*
|
| | | | 482,167 | | | | | ||||
| | | 3,079 | | | |
eBay Inc.
|
| | | | 145,575 | | | | | ||||
| | | 451 | | | |
Lyft Inc., Class A Shares*
|
| | | | 7,162 | | | | | ||||
| | | 22 | | | |
MercadoLibre Inc.*
|
| | | | 35,097 | | | | | ||||
| | | 5,292 | | | |
Meta Platforms Inc., Class A Shares(a)
|
| | | | 2,593,768 | | | | | ||||
| | | 1,135 | | | |
Netflix Inc.*(a)
|
| | | | 684,314 | | | | | ||||
| | | 73 | | | |
Roku Inc., Class A Shares*
|
| | | | 4,612 | | | | | ||||
| | | 779 | | | |
Shopify Inc., Class A Shares*
|
| | | | 59,492 | | | | | ||||
| | | 1,097 | | | |
Uber Technologies Inc.*
|
| | | | 87,211 | | | | | ||||
| | | 484 | | | |
VeriSign Inc.*
|
| | | | 94,520 | | | | | ||||
| | | | | | |
Total Internet
|
| | | | 11,580,928 | | | | | ||||
| Media – 0.7% | | | | ||||||||||||||||
| | | 316 | | | |
FactSet Research Systems Inc.
|
| | | | 146,175 | | | | | ||||
| | | 385 | | | |
New York Times Co., Class A Shares
|
| | | | 17,048 | | | | | ||||
| | | 7,920 | | | |
Sirius XM Holdings Inc.
|
| | | | 35,006 | | | | | ||||
| | | 5,303 | | | |
Walt Disney Co.(a)
|
| | | | 591,709 | | | | | ||||
| | | | | | |
Total Media
|
| | | | 789,938 | | | | | ||||
| Telecommunications – 1.7% | | | | ||||||||||||||||
| | | 27,511 | | | |
AT&T Inc.
|
| | | | 465,761 | | | | | ||||
| | | 868 | | | |
Ciena Corp.*
|
| | | | 49,459 | | | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| COMMUNICATIONS – (continued) | | ||||||||||||
| Telecommunications – (continued) | | ||||||||||||
| | | 11,000 | | | |
Cisco Systems Inc.(a)
|
| | | $ | 532,070 | | |
| | | 13,618 | | | |
Telefonaktiebolaget LM Ericsson, ADR
|
| | | | 74,082 | | |
| | | 11,584 | | | |
Verizon Communications Inc.(a)
|
| | | | 463,592 | | |
| | | | | | |
Total Telecommunications
|
| | | | 1,584,964 | | |
| | | | | | |
TOTAL COMMUNICATIONS
|
| | | | 13,955,830 | | |
| CONSUMER CYCLICAL – 8.9% | | ||||||||||||
| Airlines – 0.2% | | ||||||||||||
| | | 4,966 | | | |
Delta Air Lines Inc.
|
| | | | 209,913 | | |
| Apparel – 0.4% | | ||||||||||||
| | | 491 | | | |
Capri Holdings Ltd.*
|
| | | | 22,650 | | |
| | | 51 | | | |
Deckers Outdoor Corp.*
|
| | | | 45,675 | | |
| | | 3,814 | | | |
NIKE Inc., Class B Shares
|
| | | | 396,389 | | |
| | | 524 | | | |
Skechers USA Inc., Class A Shares*
|
| | | | 32,388 | | |
| | | | | | |
Total Apparel
|
| | | | 497,102 | | |
| Auto Manufacturers – 1.4% | | ||||||||||||
| | | 6,949 | | | |
Tesla Inc.*(a)
|
| | | | 1,402,864 | | |
| Auto Parts & Equipment – 0.3% | | ||||||||||||
| | | 246 | | | |
Autoliv Inc.
|
| | | | 28,543 | | |
| | | 974 | | | |
Gentex Corp.
|
| | | | 35,580 | | |
| | | 5,896 | | | |
Goodyear Tire & Rubber Co.*
|
| | | | 70,045 | | |
| | | 494 | | | |
Lear Corp.
|
| | | | 67,851 | | |
| | | 2,418 | | | |
Magna International Inc.
|
| | | | 133,280 | | |
| | | | | | |
Total Auto Parts & Equipment
|
| | | | 335,299 | | |
| Distribution/Wholesale – 0.3% | | ||||||||||||
| | | 307 | | | |
WW Grainger Inc.
|
| | | | 298,852 | | |
| Entertainment – 0.1% | | ||||||||||||
| | | 444 | | | |
DraftKings Inc., Class A Shares*
|
| | | | 19,234 | | |
| | | 198 | | | |
Light & Wonder Inc.*
|
| | | | 19,901 | | |
| | | 243 | | | |
Vail Resorts Inc.
|
| | | | 55,965 | | |
| | | | | | |
Total Entertainment
|
| | | | 95,100 | | |
| Food Service – 0.0% | | ||||||||||||
| | | 1,163 | | | |
Aramark
|
| | | | 35,274 | | |
| Home Builders – 0.6% | | ||||||||||||
| | | 2,557 | | | |
DR Horton Inc.
|
| | | | 382,118 | | |
| | | 1,604 | | | |
Toll Brothers Inc.
|
| | | | 183,883 | | |
| | | | | | |
Total Home Builders
|
| | | | 566,001 | | |
| Home Furnishings – 0.0% | | ||||||||||||
| | | 764 | | | |
Leggett & Platt Inc.
|
| | | | 15,601 | | |
| Leisure Time – 0.1% | | ||||||||||||
| | | 204 | | | |
Brunswick Corp.
|
| | | | 17,830 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| CONSUMER CYCLICAL – (continued) | | ||||||||||||
| Leisure Time – (continued) | | ||||||||||||
| | | 1,589 | | | |
Harley-Davidson Inc.
|
| | | $ | 57,633 | | |
| | | 223 | | | |
Planet Fitness Inc., Class A Shares*
|
| | | | 13,837 | | |
| | | | | | |
Total Leisure Time
|
| | | | 89,300 | | |
| Lodging – 0.1% | | ||||||||||||
| | | 1,943 | | | |
Las Vegas Sands Corp.
|
| | | | 105,932 | | |
| Retail – 5.4% | | ||||||||||||
| | | 80 | | | |
Burlington Stores Inc.*
|
| | | | 16,408 | | |
| | | 1,460 | | | |
Costco Wholesale Corp.
|
| | | | 1,086,079 | | |
| | | 192 | | | |
Dick’s Sporting Goods Inc.
|
| | | | 34,155 | | |
| | | 277 | | | |
Five Below Inc.*
|
| | | | 55,588 | | |
| | | 2,856 | | | |
Home Depot Inc.(a)
|
| | | | 1,087,022 | | |
| | | 568 | | | |
Kohl’s Corp.
|
| | | | 15,830 | | |
| | | 2,271 | | | |
Lowe’s Cos., Inc.
|
| | | | 546,562 | | |
| | | 2,323 | | | |
McDonald’s Corp.
|
| | | | 678,967 | | |
| | | 831 | | | |
Restaurant Brands International Inc.
|
| | | | 64,527 | | |
| | | 4,021 | | | |
Starbucks Corp.
|
| | | | 381,593 | | |
| | | 4,701 | | | |
TJX Cos., Inc.
|
| | | | 466,057 | | |
| | | 12,834 | | | |
Walmart Inc.(a)
|
| | | | 752,201 | | |
| | | 241 | | | |
Williams-Sonoma Inc.
|
| | | | 56,763 | | |
| | | 485 | | | |
Yum China Holdings Inc.
|
| | | | 20,802 | | |
| | | | | | |
Total Retail
|
| | | | 5,262,554 | | |
| | | | | | |
TOTAL CONSUMER CYCLICAL
|
| | | | 8,913,792 | | |
| CONSUMER NON-CYCLICAL – 17.4% | | ||||||||||||
| Agriculture – 0.6% | | ||||||||||||
| | | 2,467 | | | |
British American Tobacco PLC, ADR
|
| | | | 73,739 | | |
| | | 5,957 | | | |
Philip Morris International Inc.
|
| | | | 535,892 | | |
| | | | | | |
Total Agriculture
|
| | | | 609,631 | | |
| Beverages – 1.4% | | ||||||||||||
| | | 1,598 | | | |
Constellation Brands Inc., Class A Shares
|
| | | | 397,135 | | |
| | | 9,076 | | | |
Keurig Dr Pepper Inc.
|
| | | | 271,463 | | |
| | | 2,726 | | | |
Molson Coors Beverage Co., Class B Shares
|
| | | | 170,157 | | |
| | | 7,694 | | | |
Monster Beverage Corp.*
|
| | | | 454,715 | | |
| | | | | | |
Total Beverages
|
| | | | 1,293,470 | | |
| Biotechnology – 1.0% | | ||||||||||||
| | | 185 | | | |
Alnylam Pharmaceuticals Inc.*
|
| | | | 27,952 | | |
| | | 1,724 | | | |
Amgen Inc.
|
| | | | 472,083 | | |
| | | 696 | | | |
Biogen Inc.*
|
| | | | 151,025 | | |
| | | 435 | | | |
BioMarin Pharmaceutical Inc.*
|
| | | | 37,532 | | |
| | | 388 | | | |
Regeneron Pharmaceuticals Inc.*
|
| | | | 374,843 | | |
| | | 182 | | | |
United Therapeutics Corp.*
|
| | | | 41,066 | | |
| | | | | | |
Total Biotechnology
|
| | | | 1,104,501 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| CONSUMER NON-CYCLICAL – (continued) | | ||||||||||||
| Commercial Services – 1.4% | | ||||||||||||
| | | 1,769 | | | |
Automatic Data Processing Inc.
|
| | | $ | 444,249 | | |
| | | 2,167 | | | |
Block Inc., Class A Shares*
|
| | | | 172,211 | | |
| | | 509 | | | |
Booz Allen Hamilton Holding Corp., Class A Shares
|
| | | | 75,184 | | |
| | | 1,171 | | | |
Global Payments Inc.
|
| | | | 151,879 | | |
| | | 99 | | | |
Herc Holdings Inc.
|
| | | | 15,709 | | |
| | | 1,157 | | | |
S&P Global Inc.
|
| | | | 495,636 | | |
| | | 1,031 | | | |
TransUnion
|
| | | | 80,037 | | |
| | | 581 | | | |
Vestis Corp.
|
| | | | 10,900 | | |
| | | | | | |
Total Commercial Services
|
| | | | 1,445,805 | | |
| Food – 1.0% | | ||||||||||||
| | | 3,024 | | | |
Campbell Soup Co.
|
| | | | 128,943 | | |
| | | 4,118 | | | |
Hormel Foods Corp.
|
| | | | 145,448 | | |
| | | 1,512 | | | |
JM Smucker Co.
|
| | | | 181,697 | | |
| | | 7,677 | | | |
Kellanova
|
| | | | 423,387 | | |
| | | 2,202 | | | |
McCormick & Co., Inc.
|
| | | | 151,630 | | |
| | | 737 | | | |
US Foods Holding Corp.*
|
| | | | 37,432 | | |
| | | | | | |
Total Food
|
| | | | 1,068,537 | | |
| Healthcare-Products – 3.6% | | ||||||||||||
| | | 5,394 | | | |
Abbott Laboratories
|
| | | | 639,944 | | |
| | | 1,138 | | | |
Alcon Inc.
|
| | | | 96,218 | | |
| | | 1,059 | | | |
Avantor Inc.*
|
| | | | 26,094 | | |
| | | 2,445 | | | |
Danaher Corp.
|
| | | | 618,927 | | |
| | | 220 | | | |
Enovis Corp.*
|
| | | | 13,158 | | |
| | | 348 | | | |
Exact Sciences Corp.*
|
| | | | 20,020 | | |
| | | 1,694 | | | |
GE HealthCare Technologies Inc.
|
| | | | 154,628 | | |
| | | 1,385 | | | |
Intuitive Surgical Inc.*
|
| | | | 534,056 | | |
| | | 4,048 | | | |
Medtronic PLC
|
| | | | 337,441 | | |
| | | 1,289 | | | |
Thermo Fisher Scientific Inc.
|
| | | | 734,962 | | |
| | | 538 | | | |
Waters Corp.*
|
| | | | 181,532 | | |
| | | 1,555 | | | |
Zimmer Biomet Holdings Inc.
|
| | | | 193,380 | | |
| | | | | | |
Total Healthcare-Products
|
| | | | 3,550,360 | | |
| Healthcare-Services – 1.8% | | ||||||||||||
| | | 827 | | | |
Elevance Health Inc.
|
| | | | 414,534 | | |
| | | 196 | | | |
ICON PLC*
|
| | | | 62,842 | | |
| | | 374 | | | |
Molina Healthcare Inc.*
|
| | | | 147,322 | | |
| | | 2,341 | | | |
UnitedHealth Group Inc.(a)
|
| | | | 1,155,518 | | |
| | | | | | |
Total Healthcare-Services
|
| | | | 1,780,216 | | |
| Household Products/Wares – 0.8% | | ||||||||||||
| | | 1,211 | | | |
Clorox Co.
|
| | | | 185,658 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| CONSUMER NON-CYCLICAL – (continued) | | ||||||||||||
| Household Products/Wares – (continued) | | ||||||||||||
| | | 4,625 | | | |
Kimberly-Clark Corp.
|
| | | $ | 560,411 | | |
| | | 663 | | | |
Spectrum Brands Holdings Inc.
|
| | | | 53,318 | | |
| | | | | | |
Total Household Products/Wares
|
| | | | 799,387 | | |
| Pharmaceuticals – 5.8% | | ||||||||||||
| | | 4,706 | | | |
AbbVie Inc.
|
| | | | 828,491 | | |
| | | 1,291 | | | |
AstraZeneca PLC, ADR
|
| | | | 82,831 | | |
| | | 1,240 | | | |
Becton Dickinson & Co.
|
| | | | 292,082 | | |
| | | 1,135 | | | |
Cigna Group
|
| | | | 381,519 | | |
| | | 3,473 | | | |
CVS Health Corp.
|
| | | | 258,287 | | |
| | | 1,524 | | | |
DexCom Inc.*
|
| | | | 175,367 | | |
| | | 1,973 | | | |
Eli Lilly & Co.
|
| | | | 1,487,011 | | |
| | | 238 | | | |
Jazz Pharmaceuticals PLC*
|
| | | | 28,298 | | |
| | | 5,585 | | | |
Johnson & Johnson(a)
|
| | | | 901,307 | | |
| | | 6,993 | | | |
Merck & Co., Inc.
|
| | | | 889,160 | | |
| | | 183 | | | |
Novartis AG, ADR
|
| | | | 18,478 | | |
| | | 355 | | | |
Perrigo Co. PLC
|
| | | | 9,322 | | |
| | | 13,693 | | | |
Pfizer Inc.(a)
|
| | | | 363,686 | | |
| | | 2,538 | | | |
Teva Pharmaceutical Industries Ltd., ADR*
|
| | | | 33,375 | | |
| | | | | | |
Total Pharmaceuticals
|
| | | | 5,749,214 | | |
| | | | | | |
TOTAL CONSUMER NON-CYCLICAL
|
| | | | 17,401,121 | | |
| ENERGY – 3.7% | | ||||||||||||
| Oil & Gas – 3.2% | | ||||||||||||
| | | 1,669 | | | |
Canadian Natural Resources Ltd.
|
| | | | 116,313 | | |
| | | 3,832 | | | |
Cenovus Energy Inc.
|
| | | | 66,792 | | |
| | | 4,947 | | | |
Chevron Corp.
|
| | | | 751,993 | | |
| | | 2,988 | | | |
EOG Resources Inc.
|
| | | | 342,006 | | |
| | | 11,633 | | | |
Exxon Mobil Corp.(a)
|
| | | | 1,215,881 | | |
| | | 227 | | | |
HF Sinclair Corp.
|
| | | | 12,599 | | |
| | | 3,501 | | | |
Occidental Petroleum Corp.
|
| | | | 212,196 | | |
| | | 1,205 | | | |
Ovintiv Inc.
|
| | | | 59,539 | | |
| | | 1,817 | | | |
Phillips 66
|
| | | | 258,941 | | |
| | | 629 | | | |
Range Resources Corp.
|
| | | | 19,889 | | |
| | | 2,703 | | | |
Suncor Energy Inc.
|
| | | | 92,875 | | |
| | | | | | |
Total Oil & Gas
|
| | | | 3,149,024 | | |
| Oil & Gas Services – 0.3% | | ||||||||||||
| | | 1,770 | | | |
NOV Inc.
|
| | | | 29,913 | | |
| | | 7,067 | | | |
Schlumberger NV
|
| | | | 341,548 | | |
| | | | | | |
Total Oil & Gas Services
|
| | | | 371,461 | | |
| Pipelines – 0.2% | | ||||||||||||
| | | 451 | | | |
Enbridge Inc.
|
| | | | 15,523 | | |
| | | 1,562 | | | |
Targa Resources Corp.
|
| | | | 153,451 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| ENERGY – (continued) | | ||||||||||||
| Pipelines – (continued) | | ||||||||||||
| | | 257 | | | |
TC Energy Corp.
|
| | | $ | 10,164 | | |
| | | | | | |
Total Pipelines
|
| | | | 179,138 | | |
| | | | | | |
TOTAL ENERGY
|
| | | | 3,699,623 | | |
| FINANCIAL – 14.6% | | ||||||||||||
| Banks – 4.4% | | ||||||||||||
| | | 5,068 | | | |
Banco Bradesco SA, ADR
|
| | | | 14,089 | | |
| | | 18,599 | | | |
Bank of America Corp.(a)
|
| | | | 642,038 | | |
| | | 60 | | | |
Bank of Montreal
|
| | | | 5,430 | | |
| | | 5,686 | | | |
Citigroup Inc.
|
| | | | 315,516 | | |
| | | 255 | | | |
Cullen/Frost Bankers Inc.
|
| | | | 27,670 | | |
| | | 1,227 | | | |
East West Bancorp Inc.
|
| | | | 89,399 | | |
| | | 2,100 | | | |
First Horizon Corp.
|
| | | | 29,610 | | |
| | | 1,483 | | | |
Goldman Sachs Group Inc.
|
| | | | 576,961 | | |
| | | 554 | | | |
ICICI Bank Ltd., ADR
|
| | | | 14,188 | | |
| | | 4,360 | | | |
Itau Unibanco Holding SA, ADR
|
| | | | 29,735 | | |
| | | 7,154 | | | |
JPMorgan Chase & Co.(a)
|
| | | | 1,331,073 | | |
| | | 1,435 | | | |
M&T Bank Corp.
|
| | | | 200,527 | | |
| | | 5,625 | | | |
Morgan Stanley
|
| | | | 483,975 | | |
| | | 12,042 | | | |
Wells Fargo & Co.
|
| | | | 669,415 | | |
| | | | | | |
Total Banks
|
| | | | 4,429,626 | | |
| Diversified Financial Services – 4.0% | | ||||||||||||
| | | 2,638 | | | |
American Express Co.
|
| | | | 578,830 | | |
| | | 940 | | | |
Ameriprise Financial Inc.
|
| | | | 382,918 | | |
| | | 453 | | | |
Brookfield Asset Management Ltd., Class A Shares
|
| | | | 18,460 | | |
| | | 4,298 | | | |
Charles Schwab Corp.
|
| | | | 287,020 | | |
| | | 28 | | | |
Credit Acceptance Corp.*
|
| | | | 15,501 | | |
| | | 322 | | | |
Evercore Inc., Class A Shares
|
| | | | 60,240 | | |
| | | 1,682 | | | |
Jefferies Financial Group Inc.
|
| | | | 70,341 | | |
| | | 2,454 | | | |
Mastercard Inc., Class A Shares (a)
|
| | | | 1,165,061 | | |
| | | 2,501 | | | |
Nasdaq Inc.
|
| | | | 140,556 | | |
| | | 4,380 | | | |
Visa Inc., Class A Shares (a)
|
| | | | 1,237,963 | | |
| | | 249 | | | |
Voya Financial Inc.
|
| | | | 17,022 | | |
| | | | | | |
Total Diversified Financial Services
|
| | | | 3,973,912 | | |
| Equity Real Estate Investment Trusts (REITs) – 2.0% | | ||||||||||||
| | | 4,374 | | | |
American Homes 4 Rent, Class A Shares
|
| | | | 161,882 | | |
| | | 2,481 | | | |
Annaly Capital Management Inc.
|
| | | | 47,362 | | |
| | | 1,043 | | | |
AvalonBay Communities Inc.
|
| | | | 184,642 | | |
| | | 2,008 | | | |
CubeSmart
|
| | | | 87,569 | | |
| | | 1,984 | | | |
Equity LifeStyle Properties Inc.
|
| | | | 133,563 | | |
| | | 2,067 | | | |
Equity Residential
|
| | | | 124,454 | | |
| | | 813 | | | |
Essex Property Trust Inc.
|
| | | | 188,128 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| FINANCIAL – (continued) | | ||||||||||||
| Equity Real Estate Investment Trusts (REITs) – (continued) | | ||||||||||||
| | | 5,278 | | | |
Invitation Homes Inc.
|
| | | $ | 179,822 | | |
| | | 1,310 | | | |
Medical Properties Trust Inc.
|
| | | | 5,515 | | |
| | | 729 | | | |
Mid-America Apartment Communities Inc.
|
| | | | 91,621 | | |
| | | 3 | | | |
NET Lease Office Properties
|
| | | | 73 | | |
| | | 5,458 | | | |
Realty Income Corp.
|
| | | | 284,416 | | |
| | | 581 | | | |
Sun Communities Inc.
|
| | | | 77,715 | | |
| | | 6,749 | | | |
VICI Properties Inc., Class A Shares
|
| | | | 201,998 | | |
| | | 2,231 | | | |
WP Carey Inc.
|
| | | | 125,672 | | |
| | | | | | |
Total Equity Real Estate Investment Trusts (REITs)
|
| | | | 1,894,432 | | |
| Insurance – 4.0% | | ||||||||||||
| | | 3,161 | | | |
Aflac Inc.
|
| | | | 255,219 | | |
| | | 955 | | | |
Aon PLC, Class A Shares
|
| | | | 301,771 | | |
| | | 1,800 | | | |
Arthur J Gallagher & Co.
|
| | | | 439,074 | | |
| | | 5,260 | | | |
Berkshire Hathaway Inc., Class B Shares*
|
| | | | 2,153,444 | | |
| | | 2,817 | | | |
Brown & Brown Inc.
|
| | | | 237,220 | | |
| | | 2,124 | | | |
Fidelity National Financial Inc.
|
| | | | 107,432 | | |
| | | 5,545 | | | |
Manulife Financial Corp.
|
| | | | 131,638 | | |
| | | 104 | | | |
Markel Group Inc.*
|
| | | | 155,218 | | |
| | | 187 | | | |
RenaissanceRe Holdings Ltd.
|
| | | | 42,041 | | |
| | | 2,111 | | | |
Unum Group
|
| | | | 104,389 | | |
| | | 1,697 | | | |
WR Berkley Corp.
|
| | | | 141,869 | | |
| | | | | | |
Total Insurance
|
| | | | 4,069,315 | | |
| Private Equity – 0.2% | | ||||||||||||
| | | 1,210 | | | |
Brookfield Corp.
|
| | | | 49,937 | | |
| | | 1,435 | | | |
KKR & Co., Inc.
|
| | | | 141,003 | | |
| | | | | | |
Total Private Equity
|
| | | | 190,940 | | |
| Real Estate – 0.0% | | ||||||||||||
| | | 161 | | | |
Jones Lang LaSalle Inc.*
|
| | | | 30,629 | | |
| Savings & Loans – 0.0% | | ||||||||||||
| | | 2,951 | | | |
New York Community Bancorp Inc.
|
| | | | 14,135 | | |
| | | | | | |
TOTAL FINANCIAL
|
| | | | 14,602,989 | | |
| INDUSTRIAL – 8.0% | | ||||||||||||
| Aerospace/Defense – 1.0% | | ||||||||||||
| | | 1,825 | | | |
Boeing Co.*
|
| | | | 371,789 | | |
| | | 1,571 | | | |
General Dynamics Corp.
|
| | | | 429,276 | | |
| | | 1,075 | | | |
HEICO Corp.
|
| | | | 207,905 | | |
| | | | | | |
Total Aerospace/Defense
|
| | | | 1,008,970 | | |
| Building Materials – 0.2% | | ||||||||||||
| | | 315 | | | |
Lennox International Inc.
|
| | | | 148,431 | | |
| | | 249 | | | |
Louisiana-Pacific Corp.
|
| | | | 18,418 | | |
| | | | | | |
Total Building Materials
|
| | | | 166,849 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| INDUSTRIAL – (continued) | | ||||||||||||
| Electrical Components & Equipment – 0.5% | | ||||||||||||
| | | 359 | | | |
Acuity Brands Inc.
|
| | | $ | 90,195 | | |
| | | 1,994 | | | |
AMETEK Inc.
|
| | | | 359,279 | | |
| | | | | | |
Total Electrical Components & Equipment
|
| | | | 449,474 | | |
| Electronics – 0.7% | | ||||||||||||
| | | 6,396 | | | |
Amphenol Corp., Class A Shares
|
| | | | 698,699 | | |
| | | 931 | | | |
Sensata Technologies Holding PLC
|
| | | | 32,045 | | |
| | | | | | |
Total Electronics
|
| | | | 730,744 | | |
| Engineering & Construction – 0.1% | | ||||||||||||
| | | 694 | | | |
AECOM
|
| | | | 61,648 | | |
| Environmental Control – 0.4% | | ||||||||||||
| | | 1,787 | | | |
Republic Services Inc., Class A Shares
|
| | | | 328,093 | | |
| | | 806 | | | |
Waste Connections Inc.
|
| | | | 134,151 | | |
| | | | | | |
Total Environmental Control
|
| | | | 462,244 | | |
| Hand/Machine Tools – 0.0% | | ||||||||||||
| | | 148 | | | |
Lincoln Electric Holdings Inc.
|
| | | | 37,977 | | |
| Machinery-Construction & Mining – 0.8% | | ||||||||||||
| | | 1,347 | | | |
BWX Technologies Inc.
|
| | | | 135,818 | | |
| | | 1,931 | | | |
Caterpillar Inc.
|
| | | | 644,877 | | |
| | | | | | |
Total Machinery-Construction & Mining
|
| | | | 780,695 | | |
| Machinery-Diversified – 1.5% | | ||||||||||||
| | | 227 | | | |
AGCO Corp.
|
| | | | 24,902 | | |
| | | 477 | | | |
Cognex Corp.
|
| | | | 18,818 | | |
| | | 911 | | | |
Deere & Co.
|
| | | | 332,561 | | |
| | | 1,733 | | | |
Dover Corp.
|
| | | | 286,603 | | |
| | | 1,956 | | | |
Graco Inc.
|
| | | | 178,505 | | |
| | | 710 | | | |
IDEX Corp.
|
| | | | 167,489 | | |
| | | 530 | | | |
Nordson Corp.
|
| | | | 140,794 | | |
| | | 704 | | | |
Rockwell Automation Inc.
|
| | | | 200,696 | | |
| | | 1,686 | | | |
Xylem Inc.
|
| | | | 214,206 | | |
| | | | | | |
Total Machinery-Diversified
|
| | | | 1,564,574 | | |
| Miscellaneous Manufacturers – 1.2% | | ||||||||||||
| | | 2,513 | | | |
3M Co.
|
| | | | 231,498 | | |
| | | 330 | | | |
Carlisle Cos., Inc.
|
| | | | 115,500 | | |
| | | 3,744 | | | |
General Electric Co.
|
| | | | 587,396 | | |
| | | 2,842 | | | |
Textron Inc.
|
| | | | 253,137 | | |
| | | | | | |
Total Miscellaneous Manufacturers
|
| | | | 1,187,531 | | |
| Packaging & Containers – 0.4% | | ||||||||||||
| | | 617 | | | |
Crown Holdings Inc.
|
| | | | 47,274 | | |
| | | 906 | | | |
Packaging Corp. of America
|
| | | | 164,158 | | |
| | | 1,417 | | | |
Sonoco Products Co.
|
| | | | 80,316 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| INDUSTRIAL – (continued) | | ||||||||||||
| Packaging & Containers – (continued) | | ||||||||||||
| | | | | | |
Total Packaging & Containers
|
| | | $ | 291,748 | | |
| Transportation – 1.2% | | ||||||||||||
| | | 530 | | | |
Canadian National Railway Co.
|
| | | | 68,736 | | |
| | | 1,121 | | | |
Canadian Pacific Kansas City Ltd.
|
| | | | 95,296 | | |
| | | 2,139 | | | |
Union Pacific Corp.
|
| | | | 542,643 | | |
| | | 3,582 | | | |
United Parcel Service Inc., Class B Shares
|
| | | | 531,067 | | |
| | | 283 | | | |
XPO Inc.*
|
| | | | 34,051 | | |
| | | | | | |
Total Transportation
|
| | | | 1,271,793 | | |
| | | | | | |
TOTAL INDUSTRIAL
|
| | | | 8,014,247 | | |
| TECHNOLOGY – 28.4% | | ||||||||||||
| Computers – 7.6% | | ||||||||||||
| | | 1,788 | | | |
Accenture PLC, Class A Shares
|
| | | | 670,107 | | |
| | | 34,391 | | | |
Apple Inc.(a)
|
| | | | 6,216,173 | | |
| | | 484 | | | |
Check Point Software Technologies Ltd.*
|
| | | | 77,643 | | |
| | | 1,338 | | | |
Dell Technologies Inc., Class C Shares
|
| | | | 126,655 | | |
| | | 2,662 | | | |
International Business Machines Corp.
|
| | | | 492,550 | | |
| | | | | | |
Total Computers
|
| | | | 7,583,128 | | |
| Semiconductors – 9.7% | | ||||||||||||
| | | 4,354 | | | |
Advanced Micro Devices Inc.*
|
| | | | 838,276 | | |
| | | 2,831 | | | |
Applied Materials Inc.
|
| | | | 570,786 | | |
| | | 145 | | | |
ASML Holding NV, Class NY Registered Shares, ADR
|
| | | | 137,993 | | |
| | | 1,127 | | | |
Broadcom Inc.(a)
|
| | | | 1,465,652 | | |
| | | 285 | | | |
Cirrus Logic Inc.*
|
| | | | 26,169 | | |
| | | 682 | | | |
Entegris Inc.
|
| | | | 91,633 | | |
| | | 527 | | | |
Lam Research Corp.
|
| | | | 494,458 | | |
| | | 1,683 | | | |
Marvell Technology Inc.
|
| | | | 120,604 | | |
| | | 3,483 | | | |
Micron Technology Inc.
|
| | | | 315,595 | | |
| | | 5,822 | | | |
NVIDIA Corp.(a)
|
| | | | 4,605,901 | | |
| | | 1,421 | | | |
NXP Semiconductors NV
|
| | | | 354,866 | | |
| | | 2,501 | | | |
ON Semiconductor Corp.*
|
| | | | 197,379 | | |
| | | 2,906 | | | |
QUALCOMM Inc.
|
| | | | 458,538 | | |
| | | 158 | | | |
Silicon Laboratories Inc.*
|
| | | | 21,731 | | |
| | | 176 | | | |
Taiwan Semiconductor Manufacturing Co., Ltd., ADR
|
| | | | 22,646 | | |
| | | | | | |
Total Semiconductors
|
| | | | 9,722,227 | | |
| Software – 11.1% | | ||||||||||||
| | | 1,206 | | | |
Adobe Inc.*(a)
|
| | | | 675,698 | | |
| | | 964 | | | |
Intuit Inc.
|
| | | | 639,026 | | |
| | | 17,439 | | | |
Microsoft Corp.(a)
|
| | | | 7,213,468 | | |
| | | 4,696 | | | |
Oracle Corp.
|
| | | | 524,449 | | |
| | | 2,771 | | | |
Salesforce Inc.*(a)
|
| | | | 855,740 | | |
| | | 470 | | | |
SAP SE, ADR
|
| | | | 88,299 | | |
|
Shares/Units
|
| |
Security
|
| |
Value
|
| ||||||
| COMMON STOCKS – (continued) | | ||||||||||||
| TECHNOLOGY – (continued) | | ||||||||||||
| Software – (continued) | | ||||||||||||
| | | 746 | | | |
ServiceNow Inc.*
|
| | | $ | 575,420 | | |
| | | 3,477 | | | |
SS&C Technologies Holdings Inc.
|
| | | | 221,693 | | |
| | | 233 | | | |
Veeva Systems Inc., Class A Shares*
|
| | | | 52,544 | | |
| | | 373 | | | |
Workday Inc., Class A Shares*
|
| | | | 109,908 | | |
| | | 1,678 | | | |
Zoom Video Communications Inc., Class A Shares*
|
| | | | 118,685 | | |
| | | | | | |
Total Software
|
| | | | 11,074,930 | | |
| | | | | | |
TOTAL TECHNOLOGY
|
| | | | 28,380,285 | | |
| UTILITIES – 2.3% | | ||||||||||||
| Electric – 2.2% | | ||||||||||||
| | | 4,615 | | | |
Alliant Energy Corp.
|
| | | | 220,366 | | |
| | | 4,965 | | | |
Ameren Corp.
|
| | | | 353,458 | | |
| | | 6,849 | | | |
American Electric Power Co., Inc.
|
| | | | 583,466 | | |
| | | 3,809 | | | |
Consolidated Edison Inc.
|
| | | | 332,183 | | |
| | | 9,929 | | | |
PPL Corp.
|
| | | | 261,828 | | |
| | | 8,876 | | | |
Xcel Energy Inc.
|
| | | | 467,677 | | |
| | | | | | |
Total Electric
|
| | | | 2,218,978 | | |
| Water – 0.1% | | ||||||||||||
| | | 3,490 | | | |
Essential Utilities Inc.
|
| | | | 121,382 | | |
| | | | | | |
TOTAL UTILITIES
|
| | | | 2,340,360 | | |
| | | | | | |
TOTAL COMMON STOCKS
(Cost – $82,138,772) |
| | | | 99,064,307 | | |
| Number of Contracts |
| |
Notional
Amounts |
| | | | | | | | | | |||
| PURCHASED OPTIONS – 0.3% | | | ||||||||||||||
| Index Option – 0.3% | | | ||||||||||||||
| | | 64 | | | |
$32,616,128
|
| |
S&P 500 Index Options, Put, @ $4,535.00, expires 3/28/24, Counterparty:
MSC |
| | | | 21,120 | | |
| | | 65 | | | |
33,125,755
|
| |
S&P 500 Index Options, Put, @ $4,610.00, expires 4/30/24, Counterparty:
MSC |
| | | | 73,775 | | |
| | | 63 | | | |
32,106,501
|
| |
S&P 500 Index Options, Put, @ $4,835.00, expires 5/31/24, Counterparty:
MSC |
| | | | 247,590 | | |
| | | | | | | | | |
TOTAL PURCHASED OPTIONS
(Cost – $816,033) |
| | |
|
342,485
|
| |
| | | | | | | | | |
TOTAL INVESTMENTS BEFORE SHORT-TERM INVESTMENTS
(Cost – $82,954,805) |
| | |
|
99,406,792
|
| |
|
Face Amount
|
| |
Security
|
| |
Value
|
| ||||||
| SHORT-TERM INVESTMENTS – 1.9% | | ||||||||||||
| TIME DEPOSIT – 1.9% | | ||||||||||||
| | $ | 1,879,059 | | | |
JPMorgan Chase & Co. – New York, 4.680% due 3/1/24
(Cost – $1,879,059) |
| | | $ | 1,879,059 | | |
| | | | | | |
TOTAL INVESTMENTS – 101.3%
(Cost – $84,833,864) |
| | | | 101,285,851 | | |
| | | | | | |
Liabilities in Excess of Other Assets – (1.3)%
|
| | | | (1,361,119) | | |
| | | | | | |
TOTAL NET ASSETS – 100.0%
|
| | | $ | 99,924,732 | | |
|
Technology
|
| | | | 28.0% | | |
|
Consumer Non-cyclical
|
| | | | 17.2 | | |
|
Financial
|
| | | | 14.4 | | |
|
Communications
|
| | | | 13.8 | | |
|
Consumer Cyclical
|
| | | | 8.8 | | |
|
Industrial
|
| | | | 7.9 | | |
|
Energy
|
| | | | 3.7 | | |
|
Utilities
|
| | | | 2.3 | | |
|
Basic Materials
|
| | | | 1.7 | | |
|
Purchased Options
|
| | | | 0.3 | | |
|
Short-Term Investments
|
| | | | 1.9 | | |
| | | | | | 100.0% | | |
|
Number of
Contracts |
| |
Notional
Amount |
| |
Security Name
|
| |
Counterparty
|
| |
Expiration
Date |
| |
Exercise
Rate |
| |
Value
|
| |||||||||||||||
|
33
|
| | | $ | 16,817,691 | | | |
S&P 500 Index Options, Call
|
| | | | MSC | | | | | | 3/28/24 | | | | | $ | 5,010.00 | | | | | $ | (421,245) | | |
|
33
|
| | | | 16,817,691 | | | |
S&P 500 Index Options, Call
|
| | | | MSC | | | | | | 4/30/24 | | | | | | 5,110.00 | | | | | | (341,055) | | |
|
31
|
| | | | 15,798,437 | | | |
S&P 500 Index Options, Call
|
| | | | MSC | | | | | | 5/31/24 | | | | | | 5,385.00 | | | | | | (99,820) | | |
|
64
|
| | | | 32,616,128 | | | |
S&P 500 Index Options, Put
|
| | | | MSC | | | | | | 3/28/24 | | | | | | 3,825.00 | | | | | | (5,760) | | |
|
65
|
| | | | 33,125,755 | | | |
S&P 500 Index Options, Put
|
| | | | MSC | | | | | | 4/30/24 | | | | | | 3,875.00 | | | | | | (19,013) | | |
|
63
|
| | | | 32,106,501 | | | |
S&P 500 Index Options, Put
|
| | | | MSC | | | | | | 5/31/24 | | | | | | 4,075.00 | | | | | | (45,675) | | |
| | | | | | | | | | TOTAL OPTIONS CONTRACTS WRITTEN | | | | | | ||||||||||||||||||||
| | | | | | | | | |
(Premiums received – $474,026)
|
| |
|
| |
|
| |
|
| | | $ | (932,568) | | |
| | |
Destinations
Large Cap Equity Fund |
| |
Destinations
Small-Mid Cap Equity Fund |
| |
Destinations
International Equity Fund |
| |
Destinations
Equity Income Fund |
| |
Destinations
Core Fixed Income Fund |
| |||||||||||||||
ASSETS: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Investments, at value(1),(2)
|
| | | $ | 4,235,186,837 | | | | | $ | 855,440,928 | | | | | $ | 2,458,838,418 | | | | | $ | 581,951,490 | | | | | $ | 2,121,124,462 | | |
Foreign currency, at value(3)
|
| | | | 229 | | | | | | — | | | | | | 1,780,094 | | | | | | 41 | | | | | | — | | |
Cash
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Receivable for securities sold
|
| | | | 19,137,030 | | | | | | 12,840,832 | | | | | | 28,642,724 | | | | | | 24,904,679 | | | | | | 62,847,044 | | |
Dividends and interest receivable
|
| | | | 3,953,331 | | | | | | 583,253 | | | | | | 6,677,767 | | | | | | 2,189,099 | | | | | | 12,047,286 | | |
Receivable for Fund shares sold
|
| | | | 1,425,140 | | | | | | 341,436 | | | | | | 903,284 | | | | | | 306,026 | | | | | | 940,497 | | |
Receivable for expense reimbursement
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Unrealized appreciation on open forward foreign currency contracts
(Note 4) |
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Variation margin on open future contracts (Note 4)
|
| | | | 9,100 | | | | | | 3,590 | | | | | | 2,604 | | | | | | — | | | | | | — | | |
Unrealized appreciation on swap contracts (Note 4)
|
| | | | — | | | | | | — | | | | | | 593,121 | | | | | | — | | | | | | — | | |
Upfront premiums paid on swap contracts
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Deposits with counterparty
|
| | | | — | | | | | | — | | | | | | 4,936,756(7) | | | | | | — | | | | | | — | | |
Cash held at Broker
|
| | | | 103,840 | | | | | | 30,910 | | | | | | 42,486 | | | | | | — | | | | | | 757,407 | | |
Prepaid expenses
|
| | | | 50,846 | | | | | | 11,154 | | | | | | 40,331 | | | | | | 9,565 | | | | | | 14,640 | | |
Total Assets
|
| | |
|
4,259,866,353
|
| | | |
|
869,252,103
|
| | | |
|
2,502,457,585
|
| | | |
|
609,360,900
|
| | | |
|
2,197,731,336
|
| |
LIABILITIES: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Payable for collateral received from securities on loan
|
| | | | 13,766,400 | | | | | | 5,112,972 | | | | | | 23,104,558 | | | | | | 1,974,600 | | | | | | — | | |
Payable for Fund shares repurchased
|
| | | | 6,642,267 | | | | | | 1,252,397 | | | | | | 3,665,709 | | | | | | 1,147,383 | | | | | | 3,869,678 | | |
Payable for securities purchased
|
| | | | 20,803,571 | | | | | | 3,771,067 | | | | | | 5,397,329 | | | | | | 557,060 | | | | | | 147,042,264 | | |
Investment management fee payable
|
| | | | 1,965,985 | | | | | | 521,895 | | | | | | 1,452,480 | | | | | | 346,356 | | | | | | 1,009,727 | | |
Transfer agent fees payable
|
| | | | 629,790 | | | | | | 138,644 | | | | | | 365,187 | | | | | | 80,496 | | | | | | 309,489 | | |
Custody fee payable
|
| | | | 166,320 | | | | | | 69,898 | | | | | | 281,447 | | | | | | 36,437 | | | | | | 144,382 | | |
Registration fees payable
|
| | | | 15,021 | | | | | | 9,803 | | | | | | 6,208 | | | | | | 2,896 | | | | | | 3,982 | | |
Shareholder services
|
| | | | 55,415 | | | | | | 45,539 | | | | | | 91,780 | | | | | | 19,157 | | | | | | 44,504 | | |
Variation margin on open future contracts (Note 4)
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 111,818 | | |
Variation margin on open swap contracts (Note 4)
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 800,386 | | |
Upfront premiums received on swap contracts
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Unrealized depreciation on swap contracts (Note 4)
|
| | | | — | | | | | | — | | | | | | 853,513 | | | | | | — | | | | | | — | | |
Forward sale commitments(5) (Note 5)
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 31,182,992 | | |
Securities sold short(5) (Note 5)
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Due to custodian(3)
|
| | | | 127 | | | | | | 127 | | | | | | 134 | | | | | | 737 | | | | | | — | | |
Options contracts written, at value(6) (Note 4)
|
| | | | — | | | | | | — | | | | | | 46,262 | | | | | | 16,787 | | | | | | — | | |
Unrealized depreciation on open forward foreign currency contracts
(Note 4) |
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Foreign capital gains tax payable
|
| | | | — | | | | | | — | | | | | | 4,896,370 | | | | | | — | | | | | | — | | |
Investment interest payable on securities sold short
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Accrued Chief Compliance Officer expense
|
| | | | 3,213 | | | | | | 646 | | | | | | 1,996 | | | | | | 491 | | | | | | — | | |
Accrued expenses
|
| | | | 19,306 | | | | | | 29,598 | | | | | | 89,455 | | | | | | 18,924 | | | | | | 227,123 | | |
Other liabilities
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Total Liabilities
|
| | |
|
44,067,415
|
| | | |
|
10,952,586
|
| | | |
|
40,252,428
|
| | | |
|
4,201,324
|
| | | |
|
184,746,345
|
| |
Total Net Assets
|
| | | $ | 4,215,798,938 | | | | | $ | 858,299,517 | | | | | $ | 2,462,205,157 | | | | | $ | 605,159,576 | | | | | $ | 2,012,984,991 | | |
NET ASSETS: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Par value
|
| | | $ | 280,175 | | | | | $ | 67,406 | | | | | $ | 196,201 | | | | | $ | 52,866 | | | | | $ | 241,932 | | |
Paid-in capital in excess of par value
|
| | | | 2,736,590,438 | | | | | | 693,910,939 | | | | | | 2,203,584,563 | | | | | | 561,354,816 | | | | | | 2,405,325,592 | | |
Total distributable earnings (losses)
|
| | | | 1,478,928,325 | | | | | | 164,321,172 | | | | | | 258,424,393 | | | | | | 43,751,894 | | | | | | (392,582,533) | | |
Total Net Assets
|
| | | $ | 4,215,798,938 | | | | | $ | 858,299,517 | | | | | $ | 2,462,205,157 | | | | | $ | 605,159,576 | | | | | $ | 2,012,984,991 | | |
Total Net Assets Class I
|
| | | $ | 3,809,962,665 | | | | | $ | 775,344,072 | | | | | $ | 2,221,823,679 | | | | | $ | 550,070,935 | | | | | $ | 1,820,597,952 | | |
Total Net Assets Class Z
|
| | | $ | 405,836,273 | | | | | $ | 82,955,445 | | | | | $ | 240,381,478 | | | | | $ | 55,088,641 | | | | | $ | 192,387,039 | | |
Shares Outstanding Class I
|
| | | | 245,296,536 | | | | | | 58,860,651 | | | | | | 174,278,906 | | | | | | 47,893,911 | | | | | | 219,414,174 | | |
Shares Outstanding Class Z
|
| | | | 34,878,133 | | | | | | 8,545,344 | | | | | | 21,922,385 | | | | | | 4,971,855 | | | | | | 22,517,784 | | |
Net Asset Value Class I
|
| | | $ | 15.53 | | | | | $ | 13.17 | | | | | $ | 12.75 | | | | | $ | 11.49 | | | | | $ | 8.30 | | |
Net Asset Value Class Z
|
| | | $ | 11.64 | | | | | $ | 9.71 | | | | | $ | 10.97 | | | | | $ | 11.08 | | | | | $ | 8.54 | | |
(1) Investments, at cost
|
| | | $ | 2,962,415,053 | | | | | $ | 680,514,774 | | | | | $ | 2,057,087,533 | | | | | $ | 518,587,399 | | | | | $ | 2,309,626,200 | | |
(2) Includes securities on loan
|
| | | $ | 13,583,326 | | | | | $ | 4,943,529 | | | | | $ | 22,152,142 | | | | | $ | 1,913,168 | | | | | $ | — | | |
(3) Foreign currency, at cost
|
| | | $ | 226 | | | | | $ | — | | | | | $ | 1,778,890 | | | | | $ | 45 | | | | | $ | — | | |
(4) Related to futures contracts
|
| | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | |
(5) Proceeds received
|
| | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 31,359,854 | | |
(6) Premiums received
|
| | | $ | — | | | | | $ | — | | | | | $ | 18,262 | | | | | $ | 26,101 | | | | | $ | — | | |
(7) Related to swap contracts
|
| | | $ | — | | | | | $ | — | | | | | $ | 4,936,756 | | | | | $ | — | | | | | $ | — | | |
| | |
Destinations
Low Duration Fixed Income Fund |
| |
Destinations
Global Fixed Income Opportunities Fund |
| |
Destinations
Municipal Fixed Income Fund |
| |
Destinations
Multi Strategy Alternatives Fund |
| |
Destinations
Shelter Fund |
| |||||||||||||||
ASSETS: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Investments, at value(1),(2)
|
| | | $ | 422,288,703 | | | | | $ | 834,834,680 | | | | | $ | 888,792,402 | | | | | $ | 788,938,248 | | | | | $ | 101,285,851 | | |
Foreign currency, at value(3)
|
| | | | 322 | | | | | | 333 | | | | | | — | | | | | | — | | | | | | — | | |
Cash
|
| | | | — | | | | | | 14 | | | | | | — | | | | | | — | | | | | | — | | |
Receivable for securities sold
|
| | | | 1,129,336 | | | | | | 7,996,592 | | | | | | 381,353 | | | | | | 893,450 | | | | | | 853,107 | | |
Dividends and interest receivable
|
| | | | 3,994,644 | | | | | | 10,254,613 | | | | | | 8,876,233 | | | | | | 3,627,418 | | | | | | 139,030 | | |
Receivable for Fund shares sold
|
| | | | 228,491 | | | | | | 376,958 | | | | | | 299,526 | | | | | | 343,542 | | | | | | 17,216 | | |
Receivable for expense reimbursement
|
| | | | — | | | | | | — | | | | | | 8,468 | | | | | | — | | | | | | — | | |
Unrealized appreciation on open forward foreign currency contracts (Note 4)
|
| | | | — | | | | | | 93,421 | | | | | | — | | | | | | — | | | | | | — | | |
Variation margin on open future contracts (Note 4)
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Unrealized appreciation on swap contracts (Note 4)
|
| | | | — | | | | | | — | | | | | | — | | | | | | 13,998,594 | | | | | | — | | |
Upfront premiums paid on swap contracts
|
| | | | — | | | | | | — | | | | | | — | | | | | | 2,018,300 | | | | | | — | | |
Deposits with counterparty
|
| | | | — | | | | | | 3,275,000(4) | | | | | | — | | | | | | 9,553,778(7) | | | | | | — | | |
Cash held at Broker
|
| | | | — | | | | | | 11,832,522 | | | | | | 8,345,200 | | | | | | 38,769,872 | | | | | | — | | |
Prepaid expenses
|
| | | | 4,946 | | | | | | 12,185 | | | | | | 10,960 | | | | | | 7,599 | | | | | | 1,521 | | |
Total Assets
|
| | |
|
427,646,442
|
| | | |
|
868,676,318
|
| | | |
|
906,714,142
|
| | | |
|
858,150,801
|
| | | |
|
102,296,725
|
| |
LIABILITIES: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Payable for collateral received from securities on loan
|
| | | | 722,785 | | | | | | 392,687 | | | | | | 35,528,240 | | | | | | 1,027,244 | | | | | | — | | |
Payable for Fund shares repurchased
|
| | | | 769,978 | | | | | | 1,379,912 | | | | | | 1,193,859 | | | | | | 1,832,427 | | | | | | 33,763 | | |
Payable for securities purchased
|
| | | | 21,429,587 | | | | | | 33,484,948 | | | | | | 8,327,018 | | | | | | 7,472,542 | | | | | | 1,215,359 | | |
Investment management fee payable
|
| | | | 160,482 | | | | | | 480,631 | | | | | | 407,134 | | | | | | 638,043 | | | | | | 57,640 | | |
Transfer agent fees payable
|
| | | | 71,320 | | | | | | 119,058 | | | | | | 118,516 | | | | | | 127,562 | | | | | | 27,177 | | |
Custody fee payable
|
| | | | 34,688 | | | | | | 54,983 | | | | | | 68,394 | | | | | | 47,047 | | | | | | 12,542 | | |
Registration fees payable
|
| | | | 5,351 | | | | | | 11,913 | | | | | | 5,197 | | | | | | 13,498 | | | | | | 69,763 | | |
Shareholder services
|
| | | | 18,750 | | | | | | 22,413 | | | | | | 6,822 | | | | | | 28,975 | | | | | | 1,968 | | |
Variation margin on open future contracts (Note 4)
|
| | | | — | | | | | | — | | | | | | 3,000 | | | | | | — | | | | | | — | | |
Variation margin on open swap contracts (Note 4)
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Upfront premiums received on swap contracts
|
| | | | — | | | | | | — | | | | | | — | | | | | | 11,366,800 | | | | | | — | | |
Unrealized depreciation on swap contracts (Note 4)
|
| | | | — | | | | | | — | | | | | | — | | | | | | 156,122 | | | | | | — | | |
Forward sale commitments(5) (Note 5)
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Securities sold short(5) (Note 5)
|
| | | | — | | | | | | 9,106,827 | | | | | | — | | | | | | 29,149,052 | | | | | | — | | |
Due to custodian(3)
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Options contracts written, at value(6) (Note 4)
|
| | | | — | | | | | | 122,601 | | | | | | — | | | | | | 17,280 | | | | | | 932,568 | | |
Unrealized depreciation on open forward foreign currency contracts (Note 4)
|
| | | | 76,917 | | | | | | 177,078 | | | | | | — | | | | | | — | | | | | | — | | |
Foreign capital gains tax payable
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Investment interest payable on securities sold short
|
| | | | — | | | | | | 185,727 | | | | | | — | | | | | | — | | | | | | — | | |
Accrued Chief Compliance Officer expense
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 80 | | |
Accrued expenses
|
| | | | 50,573 | | | | | | 33,394 | | | | | | 25,913 | | | | | | 43,492 | | | | | | 21,133 | | |
Other liabilities
|
| | | | — | | | | | | 331,944 | | | | | | — | | | | | | — | | | | | | — | | |
Total Liabilities
|
| | |
|
23,340,431
|
| | | |
|
45,904,116
|
| | | |
|
45,684,093
|
| | | |
|
51,920,084
|
| | | |
|
2,371,993
|
| |
Total Net Assets
|
| | | $ | 404,306,011 | | | | | $ | 822,772,202 | | | | | $ | 861,030,049 | | | | | $ | 806,230,717 | | | | | $ | 99,924,732 | | |
NET ASSETS: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Par value
|
| | | $ | 43,381 | | | | | $ | 88,112 | | | | | $ | 88,901 | | | | | $ | 77,361 | | | | | $ | 9,536 | | |
Paid-in capital in excess of par value
|
| | | | 435,560,326 | | | | | | 879,470,072 | | | | | | 893,635,290 | | | | | | 778,318,369 | | | | | | 96,571,306 | | |
Total distributable earnings (losses)
|
| | | | (31,297,696) | | | | | | (56,785,982) | | | | | | (32,694,142) | | | | | | 27,834,987 | | | | | | 3,343,890 | | |
Total Net Assets
|
| | | $ | 404,306,011 | | | | | $ | 822,772,202 | | | | | $ | 861,030,049 | | | | | $ | 806,230,717 | | | | | $ | 99,924,732 | | |
Total Net Assets Class I
|
| | | $ | 370,655,393 | | | | | $ | 752,497,244 | | | | | $ | 812,483,899 | | | | | $ | 739,371,023 | | | | | $ | 97,749,143 | | |
Total Net Assets Class Z
|
| | | $ | 33,650,618 | | | | | $ | 70,274,958 | | | | | $ | 48,546,150 | | | | | $ | 66,859,694 | | | | | $ | 2,175,589 | | |
Shares Outstanding Class I
|
| | | | 39,850,376 | | | | | | 80,726,223 | | | | | | 83,903,892 | | | | | | 70,782,168 | | | | | | 9,326,308 | | |
Shares Outstanding Class Z
|
| | | | 3,530,348 | | | | | | 7,385,785 | | | | | | 4,997,390 | | | | | | 6,578,755 | | | | | | 210,182 | | |
Net Asset Value Class I
|
| | | $ | 9.30 | | | | | $ | 9.32 | | | | | $ | 9.68 | | | | | $ | 10.45 | | | | | $ | 10.48 | | |
Net Asset Value Class Z
|
| | | $ | 9.53 | | | | | $ | 9.51 | | | | | $ | 9.71 | | | | | $ | 10.16 | | | | | $ | 10.35 | | |
(1) Investments, at cost
|
| | | $ | 438,180,247 | | | | | $ | 849,038,354 | | | | | $ | 887,329,538 | | | | | $ | 763,223,755 | | | | | $ | 84,833,864 | | |
(2) Includes securities on loan
|
| | | $ | 709,003 | | | | | $ | 349,920 | | | | | $ | 34,847,912 | | | | | $ | 986,635 | | | | | $ | — | | |
(3) Foreign currency, at cost
|
| | | $ | 323 | | | | | $ | 334 | | | | | $ | — | | | | | $ | (2) | | | | | $ | — | | |
(4) Related to futures contracts
|
| | | $ | — | | | | | $ | 3,275,000 | | | | | $ | — | | | | | $ | — | | | | | $ | — | | |
(5) Proceeds received
|
| | | $ | — | | | | | $ | 9,032,970 | | | | | $ | — | | | | | $ | 36,941,697 | | | | | $ | — | | |
(6) Premiums received
|
| | | $ | — | | | | | $ | 151,174 | | | | | $ | — | | | | | $ | 133,326 | | | | | $ | 474,026 | | |
(7) Related to swap contracts
|
| | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 9,553,778 | | | | | $ | — | | |
| | |
Destinations
Large Cap Equity Fund |
| |
Destinations
Small-Mid Cap Equity Fund |
| |
Destinations
International Equity Fund |
| |
Destinations
Equity Income Fund |
| |
Destinations
Core Fixed Income Fund |
| |||||||||||||||
INVESTMENT INCOME: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Dividends
|
| | | $ | 50,817,958 | | | | | $ | 11,504,580 | | | | | $ | 70,843,159 | | | | | $ | 26,305,344 | | | | | $ | 1,823,894 | | |
Interest
|
| | | | 2,604,755 | | | | | | 1,199,487 | | | | | | 3,354,469 | | | | | | 728,694 | | | | | | 79,469,791 | | |
Income from securities lending
|
| | | | 132,277 | | | | | | 210,997 | | | | | | 285,642 | | | | | | 81,523 | | | | | | 62 | | |
Less: Foreign taxes withheld (Note 5)
|
| | | | (585,606) | | | | | | (975) | | | | | | (7,099,894) | | | | | | (1,120,510) | | | | | | — | | |
Miscellaneous income
|
| | | | — | | | | | | — | | | | | | 79,148 | | | | | | — | | | | | | — | | |
Total Investment Income
|
| | | | 52,969,384 | | | | | | 12,914,089 | | | | | | 67,462,524 | | | | | | 25,995,051 | | | | | | 81,293,747 | | |
EXPENSES: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Investment management fee (Note 7)
|
| | | | 30,521,391 | | | | | | 7,787,552 | | | | | | 24,315,745 | | | | | | 5,128,913 | | | | | | 13,416,025 | | |
Transfer agent fees
|
| | | | 5,517,339 | | | | | | 1,219,009 | | | | | | 3,344,677 | | | | | | 927,555 | | | | | | 2,852,742 | | |
Custody fees
|
| | | | 998,459 | | | | | | 341,573 | | | | | | 1,528,442 | | | | | | 255,222 | | | | | | 852,693 | | |
Trustees’ fees
|
| | | | 321,533 | | | | | | 71,506 | | | | | | 154,403 | | | | | | 51,871 | | | | | | 176,250 | | |
Insurance
|
| | | | 102,741 | | | | | | 27,208 | | | | | | 55,002 | | | | | | 16,295 | | | | | | 141,732 | | |
Audit and tax
|
| | | | — | | | | | | 25,586 | | | | | | — | | | | | | 64,901 | | | | | | 25,663 | | |
Legal expense
|
| | | | 305,485 | | | | | | 74,519 | | | | | | 136,888 | | | | | | 43,691 | | | | | | 146,044 | | |
Chief Compliance Officer expense
|
| | | | 163,857 | | | | | | 34,325 | | | | | | 81,389 | | | | | | 27,293 | | | | | | 75,956 | | |
Shareholder reports fees
|
| | | | — | | | | | | — | | | | | | — | | | | | | 23 | | | | | | — | | |
Offering fees
|
| | | | — | | | | | | — | | | | | | 8,610 | | | | | | — | | | | | | — | | |
Distribution fees
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Shareholder services
|
| | | | 160,697 | | | | | | 124,429 | | | | | | 214,896 | | | | | | 103,784 | | | | | | 54,097 | | |
Registration fees
|
| | | | 24,052 | | | | | | 32,489 | | | | | | — | | | | | | 54,257 | | | | | | 15,518 | | |
Miscellaneous expense
|
| | | | 78,234 | | | | | | 35,236 | | | | | | 128,837 | | | | | | 37,491 | | | | | | 172,036 | | |
Interest and dividend expense
|
| | | | 60,748 | | | | | | 27,137 | | | | | | 49,384 | | | | | | 9,223 | | | | | | 12,436 | | |
Total Expenses
|
| | | | 38,254,536 | | | | | | 9,800,569 | | | | | | 30,018,273 | | | | | | 6,720,519 | | | | | | 17,941,192 | | |
Less: Fee waivers and/or expense reimbursement (Note 7)
|
| | | | (6,346,928) | | | | | | (299,962) | | | | | | (4,804,003) | | | | | | (665,940) | | | | | | (1,668,338) | | |
Net Expenses
|
| | | | 31,907,608 | | | | | | 9,500,607 | | | | | | 25,214,270 | | | | | | 6,054,579 | | | | | | 16,272,854 | | |
Net Investment Income (Loss)
|
| | | $ | 21,061,776 | | | | | $ | 3,413,482 | | | | | $ | 42,248,254 | | | | | $ | 19,940,472 | | | | | $ | 65,020,893 | | |
REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS,
FUTURES CONTRACTS, UNFUNDED LOAN COMMITMENTS, OPTIONS CONTRACTS WRITTEN, FORWARD SALE COMMITMENTS, SECURITIES SHORT SOLD, SWAP CONTRACTS, FORWARD FOREIGN CURRENCY CONTRACTS AND FOREIGN CURRENCY TRANSACTIONS (NOTES 4 AND 5): |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net Realized Gain (Loss) From:
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Investments
|
| | | $ | 507,310,255 | | | | | $ | 61,102,180 | | | | | $ | 12,874,470* | | | | | $ | (12,898,211) | | | | | $ | (71,433,123) | | |
Futures contracts
|
| | | | 456,859 | | | | | | 20,325 | | | | | | 12,936 | | | | | | — | | | | | | 2,664,469 | | |
Forward sale commitments
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 1,617,740 | | |
Options contracts written
|
| | | | — | | | | | | — | | | | | | 85,745 | | | | | | 177,642 | | | | | | — | | |
Securities sold short
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Swap contracts
|
| | | | — | | | | | | — | | | | | | 1,213,625 | | | | | | — | | | | | | 108,145 | | |
Forward foreign currency contracts
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Foreign currency transactions
|
| | | | (1,449) | | | | | | — | | | | | | (709,527) | | | | | | (1,612) | | | | | | — | | |
Realized Gain (Loss)
|
| | |
|
507,765,665
|
| | | |
|
61,122,505
|
| | | |
|
13,477,249
|
| | | |
|
(12,722,181)
|
| | | |
|
(67,042,769)
|
| |
Change in Net Unrealized Appreciation (Depreciation) From:
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Investments
|
| | | | 501,996,103 | | | | | | 32,143,654 | | | | | | 182,048,125** | | | | | | 29,284,666 | | | | | | 70,183,745 | | |
Futures contracts
|
| | | | 167,944 | | | | | | 39,730 | | | | | | 39,035 | | | | | | — | | | | | | (210,112) | | |
Unfunded loan commitments
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 118 | | |
Options contracts written
|
| | | | — | | | | | | — | | | | | | (12,413) | | | | | | 7,009 | | | | | | — | | |
Forward sale commitments
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | (81,078) | | |
Securities sold short
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Swap contracts
|
| | | | — | | | | | | — | | | | | | (260,392) | | | | | | — | | | | | | 351,254 | | |
Forward foreign currency contracts
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Foreign currency transactions
|
| | | | 1,003 | | | | | | — | | | | | | 128,142 | | | | | | 30,057 | | | | | | — | | |
Change in Net Unrealized Appreciation (Depreciation):
|
| | |
|
502,165,050
|
| | | |
|
32,183,384
|
| | | |
|
181,942,497
|
| | | |
|
29,321,732
|
| | | |
|
70,243,927
|
| |
Net Gain (Loss) on Investments, Futures Contracts, Options
Contracts Written, Forward Sale Commitments, Securities Short Sold, Swap Contracts, Forward Foreign Currency Contracts and Foreign Currency Transactions |
| | | | 1,009,930,715 | | | | | | 93,305,889 | | | | | | 195,419,746 | | | | | | 16,599,551 | | | | | | 3,201,158 | | |
Total Increase (Decrease) in Net Assets from Operations
|
| | | $ | 1,030,992,491 | | | | | $ | 96,719,371 | | | | | $ | 237,668,000 | | | | | $ | 36,540,023 | | | | | $ | 68,222,051 | | |
| | |
Destinations
Low Duration Fixed Income Fund |
| |
Destinations
Global Fixed Income Opportunities Fund |
| |
Destinations
Municipal Fixed Income Fund |
| |
Destinations
Multi Strategy Alternatives Fund |
| |
Destinations
Shelter Fund |
| |||||||||||||||
INVESTMENT INCOME: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Dividends
|
| | | $ | 1,669,677 | | | | | $ | 7,254,947 | | | | | $ | 618,013 | | | | | $ | 10,272,289 | | | | | $ | 1,609,871 | | |
Interest
|
| | | | 27,013,305 | | | | | | 52,450,102 | | | | | | 28,905,501 | | | | | | 41,694,582 | | | | | | 58,186 | | |
Income from securities lending
|
| | | | 15,974 | | | | | | 66,478 | | | | | | 148,529 | | | | | | 8,128 | | | | | | — | | |
Less: Foreign taxes withheld (Note 5)
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | (7,816) | | |
Miscellaneous income
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Total Investment Income
|
| | | | 28,698,956 | | | | | | 59,771,527 | | | | | | 29,672,043 | | | | | | 51,974,999 | | | | | | 1,660,241 | | |
EXPENSES: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Investment management fee (Note 7)
|
| | | | 2,898,078 | | | | | | 6,833,852 | | | | | | 6,163,140 | | | | | | 10,913,673 | | | | | | 845,765 | | |
Transfer agent fees
|
| | | | 621,822 | | | | | | 1,163,202 | | | | | | 1,276,757 | | | | | | 1,158,954 | | | | | | 160,602 | | |
Custody fees
|
| | | | 202,784 | | | | | | 325,588 | | | | | | 407,949 | | | | | | 257,390 | | | | | | 71,726 | | |
Trustees’ fees
|
| | | | 35,325 | | | | | | 69,510 | | | | | | 75,096 | | | | | | 65,558 | | | | | | 8,079 | | |
Insurance
|
| | | | 12,216 | | | | | | 18,715 | | | | | | 29,854 | | | | | | 26,315 | | | | | | 3,822 | | |
Audit and tax
|
| | | | 51,779 | | | | | | 59,616 | | | | | | 53,713 | | | | | | 51,270 | | | | | | 67,957 | | |
Legal expense
|
| | | | 37,791 | | | | | | 52,561 | | | | | | 58,746 | | | | | | 53,616 | | | | | | 4,257 | | |
Chief Compliance Officer expense
|
| | | | 17,053 | | | | | | 33,066 | | | | | | 30,526 | | | | | | 30,034 | | | | | | 3,512 | | |
Shareholder reports fees
|
| | | | — | | | | | | — | | | | | | — | | | | | | 488 | | | | | | — | | |
Offering fees
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Distribution fees
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 81 | | |
Shareholder services
|
| | | | 114,032 | | | | | | 103,461 | | | | | | 4,126 | | | | | | 102,954 | | | | | | 8,260 | | |
Registration fees
|
| | | | 40,674 | | | | | | 56,983 | | | | | | 40,475 | | | | | | 40,032 | | | | | | 108,741 | | |
Miscellaneous expense
|
| | | | 25,088 | | | | | | 75,151 | | | | | | 33,036 | | | | | | 36,081 | | | | | | 12,869 | | |
Interest and dividend expense
|
| | | | 9,196 | | | | | | 383,296 | | | | | | 3,410 | | | | | | 686,614 | | | | | | 1,074 | | |
Total Expenses
|
| | | | 4,065,838 | | | | | | 9,175,001 | | | | | | 8,176,828 | | | | | | 13,422,979 | | | | | | 1,296,745 | | |
Less: Fee waivers and/or expense reimbursement (Note 7)
|
| | | | (189,064) | | | | | | (1,085,313) | | | | | | (1,360,480) | | | | | | (3,586,098) | | | | | | (111,003) | | |
Net Expenses
|
| | | | 3,876,774 | | | | | | 8,089,688 | | | | | | 6,816,348 | | | | | | 9,836,881 | | | | | | 1,185,742 | | |
Net Investment Income (Loss)
|
| | | $ | 24,822,182 | | | | | $ | 51,681,839 | | | | | $ | 22,855,695 | | | | | $ | 42,138,118 | | | | | $ | 474,499 | | |
REALIZED AND UNREALIZED GAIN (LOSS) ON INVESTMENTS, FUTURES CONTRACTS, UNFUNDED LOAN COMMITMENTS, OPTIONS CONTRACTS WRITTEN, FORWARD SALE COMMITMENTS, SECURITIES SHORT SOLD, SWAP CONTRACTS, FORWARD FOREIGN CURRENCY CONTRACTS AND FOREIGN CURRENCY TRANSACTIONS (NOTES 4 AND 5):
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net Realized Gain (Loss) From:
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Investments
|
| | | $ | (10,097,679) | | | | | $ | (21,458,177) | | | | | $ | (8,080,695) | | | | | $ | 11,307,264 | | | | | $ | (6,395,383) | | |
Futures contracts
|
| | | | — | | | | | | — | | | | | | 76,626 | | | | | | — | | | | | | — | | |
Forward sale commitments
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Options contracts written
|
| | | | — | | | | | | 582,600 | | | | | | — | | | | | | 179,323 | | | | | | (2,568,059) | | |
Securities sold short
|
| | | | — | | | | | | 51,810 | | | | | | — | | | | | | 14,900,293 | | | | | | — | | |
Swap contracts
|
| | | | — | | | | | | — | | | | | | — | | | | | | 5,966,183 | | | | | | — | | |
Forward foreign currency contracts
|
| | | | (810,493) | | | | | | (355,685) | | | | | | — | | | | | | — | | | | | | — | | |
Foreign currency transactions
|
| | | | 557,873 | | | | | | 507,114 | | | | | | — | | | | | | — | | | | | | — | | |
Realized Gain (Loss)
|
| | |
|
(10,350,299)
|
| | | |
|
(20,672,338)
|
| | | |
|
(8,004,069)
|
| | | |
|
32,353,063
|
| | | |
|
(8,963,442)
|
| |
Change in Net Unrealized Appreciation (Depreciation) From:
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Investments
|
| | | | 16,198,985 | | | | | | 39,726,857 | | | | | | 22,489,597 | | | | | | 10,968,797 | | | | | | 28,257,914 | | |
Futures contracts
|
| | | | — | | | | | | — | | | | | | (8,085) | | | | | | — | | | | | | — | | |
Unfunded loan commitments
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Options contracts written
|
| | | | — | | | | | | (108,555) | | | | | | — | | | | | | 116,046 | | | | | | (889,446) | | |
Forward sale commitments
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Securities sold short
|
| | | | — | | | | | | (184,708) | | | | | | — | | | | | | (14,041,778) | | | | | | — | | |
Swap contracts
|
| | | | — | | | | | | — | | | | | | — | | | | | | 8,911,023 | | | | | | — | | |
Forward foreign currency contracts
|
| | | | (650,125) | | | | | | (503,227) | | | | | | — | | | | | | — | | | | | | — | | |
Foreign currency transactions
|
| | | | (85,853) | | | | | | (120,684) | | | | | | — | | | | | | — | | | | | | — | | |
Change in Net Unrealized Appreciation (Depreciation):
|
| | |
|
15,463,007
|
| | | |
|
38,809,683
|
| | | |
|
22,481,512
|
| | | |
|
5,954,088
|
| | | |
|
27,368,468
|
| |
Net Gain (Loss) on Investments, Futures Contracts, Options
Contracts Written, Forward Sale Commitments, Securities Short Sold, Swap Contracts, Forward Foreign Currency Contracts and Foreign Currency Transactions |
| | | | 5,112,708 | | | | | | 18,137,345 | | | | | | 14,477,443 | | | | | | 38,307,151 | | | | | | 18,405,026 | | |
Total Increase (Decrease) in Net Assets from Operations
|
| | | $ | 29,934,890 | | | | | $ | 69,819,184 | | | | | $ | 37,333,138 | | | | | $ | 80,445,269 | | | | | $ | 18,879,525 | | |
| | |
Destinations
Large Cap Equity Fund |
| |
Destinations
Small-Mid Cap Equity Fund |
| |
Destinations
International Equity Fund |
| |||||||||||||||||||||||||||
| | |
February 29,
2024 |
| |
February 28,
2023 |
| |
February 29,
2024 |
| |
February 28,
2023 |
| |
February 29,
2024 |
| |
February 28,
2023 |
| ||||||||||||||||||
OPERATIONS: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income (loss).
|
| | | $ | 21,061,776 | | | | | $ | 30,019,640 | | | | | $ | 3,413,482 | | | | | $ | 4,320,997 | | | | | $ | 42,248,254 | | | | | $ | 23,057,959 | | |
Net realized gain (loss)
|
| | | | 507,765,665 | | | | | | (113,462,263) | | | | | | 61,122,505 | | | | | | (68,894,421) | | | | | | 13,477,249 | | | | | | (108,951,275) | | |
Change in unrealized appreciation (depreciation)
|
| | | | 502,165,050 | | | | | | (308,710,516) | | | | | | 32,183,384 | | | | | | (15,766,967) | | | | | | 181,942,497 | | | | | | (170,786,833) | | |
Increase (Decrease) in Net Assets From Operations
|
| | | | 1,030,992,491 | | | | | | (392,153,139) | | | | | | 96,719,371 | | | | | | (80,340,391) | | | | | | 237,668,000 | | | | | | (256,680,149) | | |
DISTRIBUTIONS TO SHAREHOLDERS (NOTE 5) :
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Class I
|
| | | | (167,095,901) | | | | | | (208,655,308) | | | | | | (2,014,029) | | | | | | (34,942,635) | | | | | | (41,827,685) | | | | | | (47,929,247) | | |
Class Z
|
| | | | (23,871,913) | | | | | | (27,383,971) | | | | | | (456,071) | | | | | | (4,523,397) | | | | | | (5,525,051) | | | | | | (5,791,597) | | |
Decrease in Net Assets From Distributions to
Shareholders |
| | | | (190,967,814) | | | | | | (236,039,279) | | | | | | (2,470,100) | | | | | | (39,466,032) | | | | | | (47,352,736) | | | | | | (53,720,844) | | |
FUND SHARE TRANSACTIONS : | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net proceeds from sale of shares:
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Class I
|
| | | | 286,723,049 | | | | | | 504,336,142 | | | | | | 68,314,934 | | | | | | 133,573,872 | | | | | | 649,062,864 | | | | | | 228,834,565 | | |
Class Z
|
| | | | 56,755,104 | | | | | | 78,471,942 | | | | | | 12,587,190 | | | | | | 20,629,275 | | | | | | 84,510,718 | | | | | | 37,882,738 | | |
Reinvestment of distributions:
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Class I
|
| | | | 165,545,592 | | | | | | 206,900,479 | | | | | | 1,997,933 | | | | | | 34,693,512 | | | | | | 41,455,349 | | | | | | 47,529,535 | | |
Class Z
|
| | | | 23,520,862 | | | | | | 26,936,686 | | | | | | 448,886 | | | | | | 4,443,660 | | | | | | 5,441,557 | | | | | | 5,691,480 | | |
Cost of shares repurchased:
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Class I
|
| | | | (1,400,519,989) | | | | | | (938,155,299) | | | | | | (415,794,352) | | | | | | (222,745,216) | | | | | | (481,713,480) | | | | | | (574,480,158) | | |
Class Z
|
| | | | (145,033,962) | | | | | | (150,588,094) | | | | | | (40,087,120) | | | | | | (37,594,065) | | | | | | (50,854,777) | | | | | | (82,840,187) | | |
Increase (Decrease) in Net Assets From Fund Share Transactions
|
| | | | (1,013,009,344) | | | | | | (272,098,144) | | | | | | (372,532,529) | | | | | | (66,998,962) | | | | | | 247,902,231 | | | | | | (337,382,027) | | |
Increase (Decrease) in Net Assets
|
| | | | (172,984,667) | | | | | | (900,290,562) | | | | | | (278,283,258) | | | | | | (186,805,385) | | | | | | 438,217,495 | | | | | | (647,783,020) | | |
NET ASSETS: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Beginning of period
|
| | | | 4,388,783,605 | | | | | | 5,289,074,167 | | | | | | 1,136,582,775 | | | | | | 1,323,388,160 | | | | | | 2,023,987,662 | | | | | | 2,671,770,682 | | |
End of period
|
| | | $ | 4,215,798,938 | | | | | $ | 4,388,783,605 | | | | | $ | 858,299,517 | | | | | $ | 1,136,582,775 | | | | | $ | 2,462,205,157 | | | | | $ | 2,023,987,662 | | |
| | |
Destinations
Equity Income Fund |
| |
Destinations
Core Fixed Income Fund |
| ||||||||||||||||||
| | |
February 29,
2024 |
| |
February 28,
2023 |
| |
February 29,
2024 |
| |
February 28,
2023 |
| ||||||||||||
OPERATIONS: | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income (loss).
|
| | | $ | 19,940,472 | | | | | $ | 17,968,124 | | | | | $ | 65,020,893 | | | | | $ | 56,483,287 | | |
Net realized gain (loss)
|
| | | | (12,722,181) | | | | | | 13,464,926 | | | | | | (67,042,769) | | | | | | (111,507,289) | | |
Change in unrealized appreciation (depreciation)
|
| | | | 29,321,732 | | | | | | (35,314,418) | | | | | | 70,243,927 | | | | | | (164,503,972) | | |
Increase (Decrease) in Net Assets From Operations
|
| | | | 36,540,023 | | | | | | (3,881,368) | | | | | | 68,222,051 | | | | | | (219,527,974) | | |
DISTRIBUTIONS TO SHAREHOLDERS (NOTE 5) : | | | | | | | | | | | | | | | | | | | | | | | | | |
From net investment income/realized gains:
|
| | | | | | | | | | | | | | | | | | | | | | | | |
Class I
|
| | | | (23,511,289) | | | | | | (27,242,743) | | | | | | (61,685,454) | | | | | | (51,511,757) | | |
Class Z
|
| | | | (2,426,045) | | | | | | (2,606,305) | | | | | | (6,270,628) | | | | | | (4,935,258) | | |
From return of capital
|
| | | | | ||||||||||||||||||||
Class I
|
| | | | — | | | | | | — | | | | | | (3,637,525) | | | | | | — | | |
Class Z
|
| | | | — | | | | | | — | | | | | | (373,308) | | | | | | — | | |
Decrease in Net Assets From Distributions to Shareholders
|
| | | | (25,937,334) | | | | | | (29,849,048) | | | | | | (71,966,915) | | | | | | (56,447,015) | | |
FUND SHARE TRANSACTIONS : | | | | | | | | | | | | | | | | | | | | | | | | | |
Net proceeds from sale of shares:
|
| | | | | | | | | | | | | | | | | | | | | | | | |
Class I
|
| | | | 50,031,989 | | | | | | 297,686,879 | | | | | | 396,772,982 | | | | | | 403,068,744 | | |
Class Z
|
| | | | 9,872,253 | | | | | | 32,837,879 | | | | | | 57,131,151 | | | | | | 52,229,510 | | |
Reinvestment of distributions:
|
| | | | | | | | | | | | | | | | | | | | | | | | |
Class I
|
| | | | 23,306,638 | | | | | | 27,030,415 | | | | | | 64,729,658 | | | | | | 51,103,461 | | |
Class Z
|
| | | | 2,353,688 | | | | | | 2,504,455 | | | | | | 6,529,609 | | | | | | 4,834,646 | | |
Cost of shares repurchased:
|
| | | | | | | | | | | | | | | | | | | | | | | | |
Class I
|
| | | | (184,530,150) | | | | | | (111,671,803) | | | | | | (430,534,637) | | | | | | (411,011,008) | | |
Class Z
|
| | | | (18,181,017) | | | | | | (16,748,275) | | | | | | (41,242,854) | | | | | | (64,928,010) | | |
Increase (Decrease) in Net Assets From Fund Share Transactions
|
| | | | (117,146,599) | | | | | | 231,639,550 | | | | | | 53,385,909 | | | | | | 35,297,343 | | |
Increase (Decrease) in Net Assets
|
| | | | (106,543,910) | | | | | | 197,909,134 | | | | | | 49,641,045 | | | | | | (240,677,646) | | |
NET ASSETS: | | | | | | | | | | | | | | | | | | | | | | | | | |
Beginning of period
|
| | | | 711,703,486 | | | | | | 513,794,352 | | | | | | 1,963,343,946 | | | | | | 2,204,021,592 | | |
End of period
|
| | | $ | 605,159,576 | | | | | $ | 711,703,486 | | | | | $ | 2,012,984,991 | | | | | $ | 1,963,343,946 | | |
| | |
Destinations Low Duration
Fixed Income Fund |
| |
Destinations Global
Fixed Income Opportunities Fund |
| |
Destinations Municipal
Fixed Income Fund |
| |||||||||||||||||||||||||||
| | |
February 29,
2024 |
| |
February 28,
2023 |
| |
February 29,
2024 |
| |
February 28,
2023 |
| |
February 29,
2024 |
| |
February 28,
2023 |
| ||||||||||||||||||
OPERATIONS: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income (loss).
|
| | | $ | 24,822,182 | | | | | $ | 24,589,689 | | | | | $ | 51,681,839 | | | | | $ | 34,061,879 | | | | | $ | 22,855,695 | | | | | $ | 13,962,205 | | |
Net realized gain (loss)
|
| | | | (10,350,299) | | | | | | (1,752,868) | | | | | | (20,672,338) | | | | | | (12,472,083) | | | | | | (8,004,069) | | | | | | (13,511,455) | | |
Change in unrealized appreciation (depreciation)
|
| | | | 15,463,007 | | | | | | (22,815,109) | | | | | | 38,809,683 | | | | | | (37,561,560) | | | | | | 22,481,512 | | | | | | (30,088,734) | | |
Increase (Decrease) in Net Assets From Operations
|
| | | | 29,934,890 | | | | | | 21,712 | | | | | | 69,819,184 | | | | | | (15,971,764) | | | | | | 37,333,138 | | | | | | (29,637,984) | | |
DISTRIBUTIONS TO SHAREHOLDERS (NOTE 5) :
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Class I
|
| | | | (23,007,117) | | | | | | (26,958,411) | | | | | | (47,612,759) | | | | | | (30,862,604) | | | | | | (23,841,193) | | | | | | (16,101,585) | | |
Class Z
|
| | | | (2,035,141) | | | | | | (2,249,387) | | | | | | (4,281,814) | | | | | | (2,718,796) | | | | | | (1,417,019) | | | | | | (912,995) | | |
Decrease in Net Assets From Distributions to Shareholders
|
| | | | (25,042,258) | | | | | | (29,207,798) | | | | | | (51,894,573) | | | | | | (33,581,400) | | | | | | (25,258,212) | | | | | | (17,014,580) | | |
FUND SHARE TRANSACTIONS : | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net proceeds from sale of shares:
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Class I
|
| | | | 52,955,710 | | | | | | 90,253,320 | | | | | | 199,873,987 | | | | | | 119,399,527 | | | | | | 145,154,183 | | | | | | 160,539,965 | | |
Class Z
|
| | | | 8,530,085 | | | | | | 9,730,784 | | | | | | 23,724,835 | | | | | | 13,620,653 | | | | | | 18,325,767 | | | | | | 17,583,000 | | |
Reinvestment of distributions:
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Class I
|
| | | | 22,786,422 | | | | | | 26,746,026 | | | | | | 47,157,667 | | | | | | 30,612,580 | | | | | | 23,570,961 | | | | | | 15,945,827 | | |
Class Z
|
| | | | 1,997,960 | | | | | | 2,197,436 | | | | | | 4,181,788 | | | | | | 2,640,802 | | | | | | 1,362,933 | | | | | | 875,610 | | |
Cost of shares repurchased:
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Class I
|
| | | | (160,906,614) | | | | | | (177,476,575) | | | | | | (172,537,676) | | | | | | (142,145,739) | | | | | | (186,573,334) | | | | | | (200,082,715) | | |
Class Z
|
| | | | (14,300,102) | | | | | | (21,925,643) | | | | | | (16,169,276) | | | | | | (21,479,728) | | | | | | (15,646,422) | | | | | | (17,658,567) | | |
Increase (Decrease) in Net Assets From Fund Share Transactions
|
| | | | (88,936,539) | | | | | | (70,474,652) | | | | | | 86,231,325 | | | | | | 2,648,095 | | | | | | (13,805,912) | | | | | | (22,796,880) | | |
Increase (Decrease) in Net Assets
|
| | | | (84,043,907) | | | | | | (99,660,738) | | | | | | 104,155,936 | | | | | | (46,905,069) | | | | | | (1,730,986) | | | | | | (69,449,444) | | |
NET ASSETS: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Beginning of period
|
| | | | 488,349,918 | | | | | | 588,010,656 | | | | | | 718,616,266 | | | | | | 765,521,335 | | | | | | 862,761,035 | | | | | | 932,210,479 | | |
End of period
|
| | | $ | 404,306,011 | | | | | $ | 488,349,918 | | | | | $ | 822,772,202 | | | | | $ | 718,616,266 | | | | | $ | 861,030,049 | | | | | $ | 862,761,035 | | |
| | |
Destinations Multi Strategy
Alternatives Fund |
| |
Destinations
Shelter Fund |
| ||||||||||||||||||
| | |
February 29,
2024 |
| |
February 28,
2023 |
| |
February 29,
2024 |
| |
February 28,
2023 |
| ||||||||||||
OPERATIONS: | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income (loss)
|
| | | $ | 42,138,118 | | | | | $ | 35,519,960 | | | | | $ | 474,499 | | | | | $ | 363,609 | | |
Net realized gain (loss)
|
| | | | 32,353,063 | | | | | | (32,215,484) | | | | | | (8,963,442) | | | | | | (2,762,442) | | |
Change in unrealized appreciation (depreciation)
|
| | | | 5,954,088 | | | | | | 7,486,759 | | | | | | 27,368,468 | | | | | | (8,098,003) | | |
Increase (Decrease) in Net Assets From Operations
|
| | |
|
80,445,269
|
| | | |
|
10,791,235
|
| | | |
|
18,879,525
|
| | | |
|
(10,496,836)
|
| |
DISTRIBUTIONS TO SHAREHOLDERS (NOTE 5) : | | | | | | | | | | | | | | | | | | | | | | | | | |
Class I
|
| | | | (48,635,421) | | | | | | (28,931,104) | | | | | | (361,812) | | | | | | (484,190) | | |
Class Z
|
| | | | (4,466,799) | | | | | | (2,659,540) | | | | | | (10,084) | | | | | | (11,403) | | |
Decrease in Net Assets From Distributions to Shareholders
|
| | | | (53,102,220) | | | | | | (31,590,644) | | | | | | (371,896) | | | | | | (495,593) | | |
FUND SHARE TRANSACTIONS : | | | | | | | | | | | | | | | | | | | | | | | | | |
Net proceeds from sale of shares:
|
| | | | | | | | | | | | | | | | | | | | | | | | |
Class I
|
| | | | 108,716,839 | | | | | | 111,935,599 | | | | | | 3,201,679 | | | | | | 8,031,819 | | |
Class Z
|
| | | | 13,692,347 | | | | | | 18,229,720 | | | | | | 245,840 | | | | | | 289,310 | | |
Reinvestment of distributions:
|
| | | | | | | | | | | | | | | | | | | | | | | | |
Class I
|
| | | | 48,174,921 | | | | | | 28,697,347 | | | | | | 361,811 | | | | | | 484,189 | | |
Class Z
|
| | | | 4,379,853 | | | | | | 2,601,205 | | | | | | 10,084 | | | | | | 11,403 | | |
Cost of shares repurchased:
|
| | | | | | | | | | | | | | | | | | | | | | | | |
Class I
|
| | | | (293,670,827) | | | | | | (435,422,534) | | | | | | (23,361,975) | | | | | | (21,510,482) | | |
Class Z
|
| | | | (25,567,149) | | | | | | (55,202,524) | | | | | | (229,205) | | | | | | (461,290) | | |
Increase (Decrease) in Net Assets From Fund Share Transactions
|
| | | | (144,274,016) | | | | | | (329,161,187) | | | | | | (19,771,766) | | | | | | (13,155,051) | | |
Increase (Decrease) in Net Assets
|
| | |
|
(116,930,967)
|
| | | |
|
(349,960,596)
|
| | | |
|
(1,264,137)
|
| | | |
|
(24,147,480)
|
| |
NET ASSETS: | | | | | | | | | | | | | | | | | | | | | | | | | |
Beginning of period
|
| | | | 923,161,684 | | | | | | 1,273,122,280 | | | | | | 101,188,869 | | | | | | 125,336,349 | | |
End of period
|
| | | $ | 806,230,717 | | | | | $ | 923,161,684 | | | | | $ | 99,924,732 | | | | | $ | 101,188,869 | | |
| | |
Class I
|
| |||||||||||||||||||||||||||
| | |
2024
|
| |
2023
|
| |
2022
|
| |
2021
|
| |
2020
|
| |||||||||||||||
Net asset value, Beginning of Period
|
| | | $ | 12.69 | | | | | $ | 14.44 | | | | | $ | 15.84 | | | | | $ | 11.88 | | | | | $ | 11.61 | | |
Income (Loss) from Operations: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income(1)
|
| | | | 0.07 | | | | | | 0.08 | | | | | | 0.04 | | | | | | 0.07 | | | | | | 0.10 | | |
Net realized and unrealized gain (loss)
|
| | | | 3.45 | | | | | | (1.14) | | | | | | 1.33 | | | | | | 4.19 | | | | | | 0.40 | | |
Total Income (Loss) from Operations
|
| | | | 3.52 | | | | | | (1.06) | | | | | | 1.37 | | | | | | 4.26 | | | | | | 0.50 | | |
Less Distributions From: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income
|
| | | | (0.07) | | | | | | (0.07) | | | | | | (0.10) | | | | | | (0.01) | | | | | | (0.10) | | |
Net realized gain
|
| | | | (0.61) | | | | | | (0.62) | | | | | | (2.67) | | | | | | (0.29) | | | | | | (0.13) | | |
Total Distributions
|
| | | | (0.68) | | | | | | (0.69) | | | | | | (2.77) | | | | | | (0.30) | | | | | | (0.23) | | |
Net Asset Value, End of Period
|
| | | $ | 15.53 | | | | | $ | 12.69 | | | | | $ | 14.44 | | | | | $ | 15.84 | | | | | $ | 11.88 | | |
Total Return(2)
|
| | | | 28.18% | | | | | | (7.21)% | | | | | | 7.48% | | | | | | 35.94% | | | | | | 4.18% | | |
Net Assets, End of Period (millions)
|
| | | $ | 3,810 | | | | | $ | 3,992 | | | | | $ | 4,783 | | | | | $ | 4,450 | | | | | $ | 3,651 | | |
Ratios to Average Net Assets: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Gross expenses
|
| | | | 0.95% | | | | | | 0.96% | | | | | | 0.95% | | | | | | 0.95% | | | | | | 0.95% | | |
Net expenses(3)
|
| | | | 0.80% | | | | | | 0.82% | | | | | | 0.80% | | | | | | 0.82% | | | | | | 0.82% | | |
Net investment income(3)
|
| | | | 0.50% | | | | | | 0.64% | | | | | | 0.21% | | | | | | 0.56% | | | | | | 0.84% | | |
Portfolio Turnover Rate(4)
|
| | | | 95% | | | | | | 71% | | | | | | 83% | | | | | | 48% | | | | | | 49% | | |
| | |
Class Z
|
| |||||||||||||||||||||||||||
| | |
2024
|
| |
2023
|
| |
2022
|
| |
2021
|
| |
2020
|
| |||||||||||||||
Net asset value, Beginning of Period
|
| | | $ | 9.65 | | | | | $ | 11.18 | | | | | $ | 12.81 | | | | | $ | 9.65 | | | | | $ | 9.46 | | |
Income (Loss) from Operations: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income(1)
|
| | | | 0.07 | | | | | | 0.08 | | | | | | 0.05 | | | | | | 0.08 | | | | | | 0.10 | | |
Net realized and unrealized gain (loss)
|
| | | | 2.63 | | | | | | (0.90) | | | | | | 1.12 | | | | | | 3.40 | | | | | | 0.34 | | |
Total Income (Loss) from Operations
|
| | | | 2.70 | | | | | | (0.82) | | | | | | 1.17 | | | | | | 3.48 | | | | | | 0.44 | | |
Less Distributions From: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income
|
| | | | (0.10) | | | | | | (0.09) | | | | | | (0.13) | | | | | | (0.03) | | | | | | (0.12) | | |
Net realized gain
|
| | | | (0.61) | | | | | | (0.62) | | | | | | (2.67) | | | | | | (0.29) | | | | | | (0.13) | | |
Total Distributions
|
| | | | (0.71) | | | | | | (0.71) | | | | | | (2.80) | | | | | | (0.32) | | | | | | (0.25) | | |
Net Asset Value, End of Period
|
| | | $ | 11.64 | | | | | $ | 9.65 | | | | | $ | 11.18 | | | | | $ | 12.81 | | | | | $ | 9.65 | | |
Total Return(2)
|
| | | | 28.50% | | | | | | (7.16)% | | | | | | 7.65% | | | | | | 36.16% | | | | | | 4.45% | | |
Net Assets, End of Period (millions)
|
| | | $ | 406 | | | | | $ | 397 | | | | | $ | 506 | | | | | $ | 283 | | | | | $ | 200 | | |
Ratios to Average Net Assets: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Gross expenses
|
| | | | 0.80% | | | | | | 0.81% | | | | | | 0.80% | | | | | | 0.80% | | | | | | 0.80% | | |
Net expenses(3)
|
| | | | 0.65% | | | | | | 0.67% | | | | | | 0.65% | | | | | | 0.67% | | | | | | 0.67% | | |
Net investment income(3)
|
| | | | 0.65% | | | | | | 0.79% | | | | | | 0.36% | | | | | | 0.70% | | | | | | 0.96% | | |
Portfolio Turnover Rate(4)
|
| | | | 95% | | | | | | 71% | | | | | | 83% | | | | | | 48% | | | | | | 49% | | |
| | |
Class I
|
| |||||||||||||||||||||||||||
| | |
2024
|
| |
2023
|
| |
2022
|
| |
2021
|
| |
2020
|
| |||||||||||||||
Net asset value, Beginning of Period
|
| | | $ | 11.79 | | | | | $ | 12.97 | | | | | $ | 16.43 | | | | | $ | 10.92 | | | | | $ | 11.31 | | |
Income (Loss) from Operations: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income(1)
|
| | | | 0.04 | | | | | | 0.04 | | | | | | (0.01) | | | | | | 0.01 | | | | | | 0.06 | | |
Net realized and unrealized gain (loss)
|
| | | | 1.37 | | | | | | (0.82) | | | | | | 0.55 | | | | | | 5.80 | | | | | | 0.04 | | |
Total Income (Loss) from Operations
|
| | | | 1.41 | | | | | | (0.78) | | | | | | 0.54 | | | | | | 5.81 | | | | | | 0.10 | | |
Less Distributions From: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income
|
| | | | (0.03) | | | | | | — | | | | | | — | | | | | | (0.00)* | | | | | | (0.06) | | |
Net realized gain
|
| | | | — | | | | | | (0.40) | | | | | | (4.00) | | | | | | (0.30) | | | | | | (0.43) | | |
Total Distributions
|
| | | | (0.03) | | | | | | (0.40) | | | | | | (4.00) | | | | | | (0.30) | | | | | | (0.49) | | |
Net Asset Value, End of Period
|
| | | $ | 13.17 | | | | | $ | 11.79 | | | | | $ | 12.97 | | | | | $ | 16.43 | | | | | $ | 10.92 | | |
Total Return(2)
|
| | | | 12.00% | | | | | | (5.86)% | | | | | | 1.66% | | | | | | 53.65% | | | | | | 0.52% | | |
Net Assets, End of Period (millions)
|
| | | $ | 775 | | | | | $ | 1,036 | | | | | $ | 1,198 | | | | | $ | 1,167 | | | | | $ | 890 | | |
Ratios to Average Net Assets: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Gross expenses
|
| | | | 1.15% | | | | | | 1.13% | | | | | | 1.11% | | | | | | 1.11% | | | | | | 1.11% | | |
Net expenses(3)
|
| | | | 1.11% | | | | | | 1.12% | | | | | | 1.10% | | | | | | 1.11% | | | | | | 1.08% | | |
Net investment income(3)
|
| | | | 0.38% | | | | | | 0.36% | | | | | | (0.05)% | | | | | | 0.09% | | | | | | 0.54% | | |
Portfolio Turnover Rate(4)
|
| | | | 115% | | | | | | 125% | | | | | | 111% | | | | | | 145% | | | | | | 110% | | |
| | |
Class Z
|
| |||||||||||||||||||||||||||
| | |
2024
|
| |
2023
|
| |
2022
|
| |
2021
|
| |
2020
|
| |||||||||||||||
Net asset value, Beginning of Period
|
| | | $ | 8.70 | | | | | $ | 9.68 | | | | | $ | 13.17 | | | | | $ | 8.80 | | | | | $ | 9.20 | | |
Income (Loss) from Operations: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income(1)
|
| | | | 0.05 | | | | | | 0.05 | | | | | | 0.01 | | | | | | 0.02 | | | | | | 0.06 | | |
Net realized and unrealized gain (loss)
|
| | | | 1.01 | | | | | | (0.63) | | | | | | 0.50 | | | | | | 4.67 | | | | | | 0.05 | | |
Total Income (Loss) from Operations
|
| | | | 1.06 | | | | | | (0.58) | | | | | | 0.51 | | | | | | 4.69 | | | | | | 0.11 | | |
Less Distributions From: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income
|
| | | | (0.05) | | | | | | — | | | | | | — | | | | | | (0.02) | | | | | | (0.08) | | |
Net realized gain
|
| | | | — | | | | | | (0.40) | | | | | | (4.00) | | | | | | (0.30) | | | | | | (0.43) | | |
Total Distributions
|
| | | | (0.05) | | | | | | (0.40) | | | | | | (4.00) | | | | | | (0.32) | | | | | | (0.51) | | |
Net Asset Value, End of Period
|
| | | $ | 9.71 | | | | | $ | 8.70 | | | | | $ | 9.68 | | | | | $ | 13.17 | | | | | $ | 8.80 | | |
Total Return(2)
|
| | | | 12.25% | | | | | | (5.78)% | | | | | | 1.86% | | | | | | 53.85% | | | | | | 0.69% | | |
Net Assets, End of Period (millions)
|
| | | $ | 83 | | | | | $ | 101 | | | | | $ | 126 | | | | | $ | 74 | | | | | $ | 46 | | |
Ratios to Average Net Assets: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Gross expenses
|
| | | | 1.00% | | | | | | 0.98% | | | | | | 0.96% | | | | | | 0.96% | | | | | | 0.97% | | |
Net expenses(3)
|
| | | | 0.96% | | | | | | 0.97% | | | | | | 0.95% | | | | | | 0.96% | | | | | | 0.94% | | |
Net investment income(3)
|
| | | | 0.53% | | | | | | 0.51% | | | | | | 0.10% | | | | | | 0.22% | | | | | | 0.66% | | |
Portfolio Turnover Rate(4)
|
| | | | 115% | | | | | | 125% | | | | | | 111% | | | | | | 145% | | | | | | 110% | | |
| | |
Class I
|
| |||||||||||||||||||||||||||
| | |
2024
|
| |
2023
|
| |
2022
|
| |
2021
|
| |
2020
|
| |||||||||||||||
Net asset value, Beginning of Period
|
| | | $ | 11.72 | | | | | $ | 13.24 | | | | | $ | 15.11 | | | | | $ | 11.30 | | | | | $ | 10.86 | | |
Income (Loss) from Operations: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income(1)
|
| | | | 0.21 | | | | | | 0.12 | | | | | | 0.01 | | | | | | 0.00* | | | | | | 0.09 | | |
Net realized and unrealized gain (loss)
|
| | | | 1.06 | | | | | | (1.33) | | | | | | (1.22) | | | | | | 3.81 | | | | | | 0.44 | | |
Total Income (Loss) from Operations
|
| | | | 1.27 | | | | | | (1.21) | | | | | | (1.21) | | | | | | 3.81 | | | | | | 0.53 | | |
Less Distributions From: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income
|
| | | | (0.24) | | | | | | (0.20) | | | | | | (0.03) | | | | | | (0.00)* | | | | | | (0.09) | | |
Net realized gain
|
| | | | — | | | | | | (0.11) | | | | | | (0.63) | | | | | | — | | | | | | — | | |
Total Distributions
|
| | | | (0.24) | | | | | | (0.31) | | | | | | (0.66) | | | | | | — | | | | | | (0.09) | | |
Net Asset Value, End of Period
|
| | | $ | 12.75 | | | | | $ | 11.72 | | | | | $ | 13.24 | | | | | $ | 15.11 | | | | | $ | 11.30 | | |
Total Return(2)
|
| | | | 10.84% | | | | | | (9.07)% | | | | | | (8.36)% | | | | | | 33.76% | | | | | | 4.83% | | |
Net Assets, End of Period (millions)
|
| | | $ | 2,222 | | | | | $ | 1,840 | | | | | $ | 2,419 | | | | | $ | 2,288 | | | | | $ | 1,884 | | |
Ratios to Average Net Assets: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Gross expenses
|
| | | | 1.25% | | | | | | 1.26% | | | | | | 1.24% | | | | | | 1.24% | | | | | | 1.25% | | |
Net expenses(3)
|
| | | | 1.05% | | | | | | 1.16% | | | | | | 1.20% | | | | | | 1.23% | | | | | | 1.17% | | |
Net investment income(3)
|
| | | | 1.73% | | | | | | 1.02% | | | | | | 0.05% | | | | | | 0.02% | | | | | | 0.77% | | |
Portfolio Turnover Rate(4)
|
| | | | 69% | | | | | | 66% | | | | | | 48% | | | | | | 38% | | | | | | 27% | | |
| | |
Class Z
|
| |||||||||||||||||||||||||||
| | |
2024
|
| |
2023
|
| |
2022
|
| |
2021
|
| |
2020
|
| |||||||||||||||
Net asset value, Beginning of Period
|
| | | $ | 10.11 | | | | | $ | 11.48 | | | | | $ | 13.18 | | | | | $ | 9.86 | | | | | $ | 9.48 | | |
Income (Loss) from Operations: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income(1)
|
| | | | 0.19 | | | | | | 0.12 | | | | | | 0.02 | | | | | | 0.02 | | | | | | 0.06 | | |
Net realized and unrealized gain (loss)
|
| | | | 0.92 | | | | | | (1.16) | | | | | | (1.05) | | | | | | 3.32 | | | | | | 0.43 | | |
Total Income (Loss) from Operations
|
| | | | 1.11 | | | | | | (1.04) | | | | | | (1.03) | | | | | | 3.34 | | | | | | 0.49 | | |
Less Distributions From: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income
|
| | | | (0.25) | | | | | | (0.22) | | | | | | (0.04) | | | | | | (0.02) | | | | | | (0.11) | | |
Net realized gain
|
| | | | — | | | | | | (0.11) | | | | | | (0.63) | | | | | | — | | | | | | — | | |
Total Distributions
|
| | | | (0.25) | | | | | | (0.33) | | | | | | (0.67) | | | | | | (0.02) | | | | | | (0.11) | | |
Net Asset Value, End of Period
|
| | | $ | 10.97 | | | | | $ | 10.11 | | | | | $ | 11.48 | | | | | $ | 13.18 | | | | | $ | 9.86 | | |
Total Return(2)
|
| | | | 11.06% | | | | | | (8.98)% | | | | | | (8.16)% | | | | | | 33.91% | | | | | | 5.05% | | |
Net Assets, End of Period (millions)
|
| | | $ | 240 | | | | | $ | 184 | | | | | $ | 253 | | | | | $ | 145 | | | | | $ | 99 | | |
Ratios to Average Net Assets: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Gross expenses
|
| | | | 1.10% | | | | | | 1.11% | | | | | | 1.09% | | | | | | 1.09% | | | | | | 1.10% | | |
Net expenses(3)
|
| | | | 0.90% | | | | | | 1.01% | | | | | | 1.05% | | | | | | 1.08% | | | | | | 1.02% | | |
Net investment income(3)
|
| | | | 1.84% | | | | | | 1.18% | | | | | | 0.13% | | | | | | 0.14% | | | | | | 0.62% | | |
Portfolio Turnover Rate(4)
|
| | | | 69% | | | | | | 66% | | | | | | 48% | | | | | | 38% | | | | | | 27% | | |
| | |
Class I
|
| |||||||||||||||||||||||||||
| | |
2024
|
| |
2023
|
| |
2022
|
| |
2021
|
| |
2020
|
| |||||||||||||||
Net asset value, Beginning of Period
|
| | | $ | 11.27 | | | | | $ | 11.91 | | | | | $ | 10.26 | | | | | $ | 9.74 | | | | | $ | 10.20 | | |
Income (Loss) from Operations: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income(1)
|
| | | | 0.34 | | | | | | 0.36 | | | | | | 0.34 | | | | | | 0.34 | | | | | | 0.35 | | |
Net realized and unrealized gain (loss)
|
| | | | 0.32 | | | | | | (0.47) | | | | | | 1.65 | | | | | | 0.63 | | | | | | (0.40) | | |
Total Income (Loss) from Operations
|
| | | | 0.66 | | | | | | (0.11) | | | | | | 1.99 | | | | | | 0.97 | | | | | | (0.05) | | |
Less Distributions From: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income
|
| | | | (0.39) | | | | | | (0.34) | | | | | | (0.34) | | | | | | (0.31) | | | | | | (0.32) | | |
Net realized gain
|
| | | | (0.05) | | | | | | (0.19) | | | | | | — | | | | | | (0.14) | | | | | | (0.09) | | |
Total Distributions
|
| | | | (0.44) | | | | | | (0.53) | | | | | | (0.34) | | | | | | (0.45) | | | | | | (0.41) | | |
Net Asset Value, End of Period
|
| | | $ | 11.49 | | | | | $ | 11.27 | | | | | $ | 11.91 | | | | | $ | 10.26 | | | | | $ | 9.74 | | |
Total Return(2)
|
| | | | 6.09% | | | | | | (0.83)% | | | | | | 19.68% | | | | | | 10.37% | | | | | | (0.78)% | | |
Net Assets, End of Period (millions)
|
| | | $ | 550 | | | | | $ | 652 | | | | | $ | 469 | | | | | $ | 375 | | | | | $ | 441 | | |
Ratios to Average Net Assets: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Gross expenses
|
| | | | 1.06% | | | | | | 1.04% | | | | | | 1.04% | | | | | | 1.03% | | | | | | 1.03% | | |
Net expenses(3)
|
| | | | 0.96% | | | | | | 0.94% | | | | | | 0.92% | | | | | | 0.92% | | | | | | 0.88% | | |
Net investment income(3)
|
| | | | 3.10% | | | | | | 3.10% | | | | | | 2.94% | | | | | | 3.60% | | | | | | 3.31% | | |
Portfolio Turnover Rate(4)
|
| | | | 51% | | | | | | 46% | | | | | | 58% | | | | | | 54% | | | | | | 43% | | |
| | |
Class Z
|
| |||||||||||||||||||||||||||
| | |
2024
|
| |
2023
|
| |
2022
|
| |
2021
|
| |
2020
|
| |||||||||||||||
Net asset value, Beginning of Period
|
| | | $ | 10.89 | | | | | $ | 11.52 | | | | | $ | 9.94 | | | | | $ | 9.44 | | | | | $ | 9.89 | | |
Income (Loss) from Operations: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income(1)
|
| | | | 0.34 | | | | | | 0.36 | | | | | | 0.35 | | | | | | 0.34 | | | | | | 0.36 | | |
Net realized and unrealized gain (loss)
|
| | | | 0.30 | | | | | | (0.45) | | | | | | 1.59 | | | | | | 0.62 | | | | | | (0.38) | | |
Total Income (Loss) from Operations
|
| | | | 0.64 | | | | | | (0.09) | | | | | | 1.94 | | | | | | 0.96 | | | | | | (0.02) | | |
Less Distributions From: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income
|
| | | | (0.40) | | | | | | (0.35) | | | | | | (0.36) | | | | | | (0.32) | | | | | | (0.34) | | |
Net realized gain
|
| | | | (0.05) | | | | | | (0.19) | | | | | | — | | | | | | (0.14) | | | | | | (0.09) | | |
Total Distributions
|
| | | | (0.45) | | | | | | (0.54) | | | | | | (0.36) | | | | | | (0.46) | | | | | | (0.43) | | |
Net Asset Value, End of Period
|
| | | $ | 11.08 | | | | | $ | 10.89 | | | | | $ | 11.52 | | | | | $ | 9.94 | | | | | $ | 9.44 | | |
Total Return(2)
|
| | | | 6.17% | | | | | | (0.65)% | | | | | | 19.71% | | | | | | 10.63% | | | | | | (0.58)% | | |
Net Assets, End of Period (millions)
|
| | | | 55 | | | | | | 60 | | | | | $ | 44 | | | | | $ | 24 | | | | | | 21 | | |
Ratios to Average Net Assets: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Gross expenses
|
| | | | 0.91% | | | | | | 0.89% | | | | | | 0.89% | | | | | | 0.88% | | | | | | 0.88% | | |
Net expenses(3)
|
| | | | 0.81% | | | | | | 0.79% | | | | | | 0.77% | | | | | | 0.77% | | | | | | 0.74% | | |
Net investment income(3)
|
| | | | 3.23% | | | | | | 3.24% | | | | | | 3.09% | | | | | | 3.72% | | | | | | 3.46% | | |
Portfolio Turnover Rate(4)
|
| | | | 51% | | | | | | 46% | | | | | | 58% | | | | | | 54% | | | | | | 43% | | |
| | |
Class I
|
| |||||||||||||||||||||||||||
| | |
2024
|
| |
2023
|
| |
2022
|
| |
2021
|
| |
2020
|
| |||||||||||||||
Net asset value, Beginning of Period
|
| | | $ | 8.31 | | | | | $ | 9.52 | | | | | $ | 10.19 | | | | | $ | 10.42 | | | | | $ | 9.83 | | |
Income (Loss) from Operations: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income(1)
|
| | | | 0.26 | | | | | | 0.24 | | | | | | 0.12 | | | | | | 0.20 | | | | | | 0.28 | | |
Net realized and unrealized gain (loss)
|
| | | | 0.02 | | | | | | (1.21) | | | | | | (0.38) | | | | | | (0.20) | | | | | | 0.59 | | |
Total Income (Loss) from Operations
|
| | | | 0.28 | | | | | | (0.97) | | | | | | (0.26) | | | | | | — | | | | | | 0.87 | | |
Less Distributions From: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income
|
| | | | (0.27) | | | | | | (0.24) | | | | | | (0.13) | | | | | | (0.20) | | | | | | (0.28) | | |
Net realized gain
|
| | | | — | | | | | | — | | | | | | (0.28) | | | | | | (0.03) | | | | | | — | | |
Return of capital
|
| | | | (0.02) | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Total Distributions
|
| | | | (0.29) | | | | | | (0.24) | | | | | | (0.41) | | | | | | (0.23) | | | | | | (0.28) | | |
Net Asset Value, End of Period
|
| | | $ | 8.30 | | | | | $ | 8.31 | | | | | $ | 9.52 | | | | | $ | 10.19 | | | | | $ | 10.42 | | |
Total Return(2)
|
| | | | 3.42% | | | | | | (10.19)% | | | | | | (2.72)% | | | | | | 0.05% | | | | | | 8.97% | | |
Net Assets, End of Period (millions)
|
| | | $ | 1,821 | | | | | $ | 1,793 | | | | | $ | 2,002 | | | | | $ | 2,079 | | | | | $ | 1,896 | | |
Ratios to Average Net Assets: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Gross expenses
|
| | | | 0.88% | | | | | | 0.89% | | | | | | 0.87% | | | | | | 0.87% | | | | | | 0.88% | | |
Net expenses(3)
|
| | | | 0.80% | | | | | | 0.81% | | | | | | 0.79% | | | | | | 0.78% | | | | | | 0.80% | | |
Net investment income(3)
|
| | | | 3.14% | | | | | | 2.82% | | | | | | 1.18% | | | | | | 1.91% | | | | | | 2.80% | | |
Portfolio Turnover Rate(4)
|
| | | | 181% | | | | | | 198% | | | | | | 240% | | | | | | 204% | | | | | | 43% | | |
| | |
Class Z
|
| |||||||||||||||||||||||||||
| | |
2024
|
| |
2023
|
| |
2022
|
| |
2021
|
| |
2020
|
| |||||||||||||||
Net asset value, Beginning of Period
|
| | | $ | 8.55 | | | | | $ | 9.79 | | | | | $ | 10.46 | | | | | $ | 10.69 | | | | | $ | 10.08 | | |
Income (Loss) from Operations: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income(1)
|
| | | | 0.28 | | | | | | 0.26 | | | | | | 0.14 | | | | | | 0.22 | | | | | | 0.30 | | |
Net realized and unrealized gain (loss)
|
| | | | 0.01 | | | | | | (1.24) | | | | | | (0.39) | | | | | | (0.21) | | | | | | 0.61 | | |
Total Income (Loss) from Operations
|
| | | | 0.29 | | | | | | (0.98) | | | | | | (0.25) | | | | | | 0.01 | | | | | | 0.91 | | |
Less Distributions From: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income
|
| | | | (0.28) | | | | | | (0.26) | | | | | | (0.14) | | | | | | (0.21) | | | | | | (0.30) | | |
Net realized gain
|
| | | | — | | | | | | — | | | | | | (0.28) | | | | | | (0.03) | | | | | | — | | |
Return of capital
|
| | | | (0.02) | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Total Distributions
|
| | | | (0.30) | | | | | | (0.26) | | | | | | (0.42) | | | | | | (0.24) | | | | | | (0.30) | | |
Net Asset Value, End of Period
|
| | | $ | 8.54 | | | | | $ | 8.55 | | | | | $ | 9.79 | | | | | $ | 10.46 | | | | | $ | 10.69 | | |
Total Return(2)
|
| | | | 3.45% | | | | | | (10.08)% | | | | | | (2.50)% | | | | | | 0.17% | | | | | | 9.11% | | |
Net Assets, End of Period (millions)
|
| | | $ | 192 | | | | | $ | 170 | | | | | $ | 202 | | | | | $ | 121 | | | | | $ | 99 | | |
Ratios to Average Net Assets: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Gross expenses
|
| | | | 0.73% | | | | | | 0.74% | | | | | | 0.72% | | | | | | 0.72% | | | | | | 0.73% | | |
Net expenses(3)
|
| | | | 0.65% | | | | | | 0.66% | | | | | | 0.64% | | | | | | 0.63% | | | | | | 0.65% | | |
Net investment income(3)
|
| | | | 3.28% | | | | | | 2.96% | | | | | | 1.36% | | | | | | 2.05% | | | | | | 2.90% | | |
Portfolio Turnover Rate(4)
|
| | | | 181% | | | | | | 198% | | | | | | 240% | | | | | | 204% | | | | | | 43% | | |
| | |
Class I
|
| |||||||||||||||||||||||||||
| | |
2024
|
| |
2023
|
| |
2022
|
| |
2021
|
| |
2020
|
| |||||||||||||||
Net asset value, Beginning of Period
|
| | | $ | 9.19 | | | | | $ | 9.68 | | | | | $ | 9.73 | | | | | $ | 9.75 | | | | | $ | 9.84 | | |
Income (Loss) from Operations: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income(1)
|
| | | | 0.55 | | | | | | 0.42 | | | | | | 0.30 | | | | | | 0.34 | | | | | | 0.33 | | |
Net realized and unrealized gain (loss)
|
| | | | 0.12 | | | | | | (0.39) | | | | | | 0.03 | | | | | | (0.02) | | | | | | (0.08) | | |
Total Income from Operations
|
| | | | 0.67 | | | | | | 0.03 | | | | | | 0.33 | | | | | | 0.32 | | | | | | 0.25 | | |
Less Distributions From: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income
|
| | | | (0.56) | | | | | | (0.51) | | | | | | (0.37) | | | | | | (0.34) | | | | | | (0.34) | | |
Net realized gain
|
| | | | — | | | | | | (0.01) | | | | | | (0.01) | | | | | | — | | | | | | — | | |
Total Distributions
|
| | | | (0.56) | | | | | | (0.52) | | | | | | (0.38) | | | | | | (0.34) | | | | | | (0.34) | | |
Net Asset Value, End of Period
|
| | | $ | 9.30 | | | | | $ | 9.19 | | | | | $ | 9.68 | | | | | $ | 9.73 | | | | | $ | 9.75 | | |
Total Return(2)
|
| | | | 7.55% | | | | | | 0.37% | | | | | | 3.40% | | | | | | 3.43% | | | | | | 2.59% | | |
Net Assets, End of Period (millions)
|
| | | $ | 371 | | | | | $ | 451 | | | | | $ | 539 | | | | | $ | 418 | | | | | $ | 320 | | |
Ratios to Average Net Assets: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Gross expenses
|
| | | | 0.99% | | | | | | 0.96% | | | | | | 0.93% | | | | | | 0.95% | | | | | | 0.96% | | |
Net expenses(3)
|
| | | | 0.95% | | | | | | 0.94% | | | | | | 0.93% | | | | | | 0.95% | | | | | | 0.94% | | |
Net investment income(3)
|
| | | | 5.98% | | | | | | 4.51% | | | | | | 3.09% | | | | | | 3.63% | | | | | | 3.30% | | |
Portfolio Turnover Rate(4)
|
| | | | 98% | | | | | | 98% | | | | | | 107% | | | | | | 168% | | | | | | 138% | | |
| | |
Class Z
|
| |||||||||||||||||||||||||||
| | |
2024
|
| |
2023
|
| |
2022
|
| |
2021
|
| |
2020
|
| |||||||||||||||
Net asset value, Beginning of Period
|
| | | $ | 9.40 | | | | | $ | 9.89 | | | | | $ | 9.93 | | | | | $ | 9.94 | | | | | $ | 10.03 | | |
Income (Loss) from Operations: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income(1)
|
| | | | 0.58 | | | | | | 0.44 | | | | | | 0.33 | | | | | | 0.36 | | | | | | 0.34 | | |
Net realized and unrealized gain (loss)
|
| | | | 0.12 | | | | | | (0.40) | | | | | | 0.02 | | | | | | (0.02) | | | | | | (0.07) | | |
Total Income from Operations
|
| | | | 0.70 | | | | | | 0.04 | | | | | | 0.35 | | | | | | 0.34 | | | | | | 0.27 | | |
Less Distributions From: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income
|
| | | | (0.57) | | | | | | (0.52) | | | | | | (0.38) | | | | | | (0.35) | | | | | | (0.36) | | |
Net realized gain
|
| | | | — | | | | | | (0.01) | | | | | | (0.01) | | | | | | — | | | | | | — | | |
Total Distributions
|
| | | | (0.57) | | | | | | (0.53) | | | | | | (0.39) | | | | | | (0.35) | | | | | | (0.36) | | |
Net Asset Value, End of Period
|
| | | $ | 9.53 | | | | | $ | 9.40 | | | | | $ | 9.89 | | | | | $ | 9.93 | | | | | $ | 9.94 | | |
Total Return(2)
|
| | | | 7.74% | | | | | | 0.49% | | | | | | 3.56% | | | | | | 3.60% | | | | | | 2.69% | | |
Net Assets, End of Period (millions)
|
| | | $ | 34 | | | | | $ | 37 | | | | | $ | 49 | | | | | $ | 22 | | | | | $ | 14 | | |
Ratios to Average Net Assets: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Gross expenses
|
| | | | 0.84% | | | | | | 0.80% | | | | | | 0.78% | | | | | | 0.80% | | | | | | 0.82% | | |
Net expenses(3)
|
| | | | 0.80% | | | | | | 0.79% | | | | | | 0.78% | | | | | | 0.80% | | | | | | 0.80% | | |
Net investment income(3)
|
| | | | 6.13% | | | | | | 4.63% | | | | | | 3.28% | | | | | | 3.78% | | | | | | 3.40% | | |
Portfolio Turnover Rate(4)
|
| | | | 98% | | | | | | 98% | | | | | | 107% | | | | | | 168% | | | | | | 138% | | |
| | |
Class I
|
| |||||||||||||||||||||||||||
| | |
2024
|
| |
2023
|
| |
2022
|
| |
2021
|
| |
2020
|
| |||||||||||||||
Net asset value, Beginning of Period
|
| | | $ | 9.12 | | | | | $ | 9.76 | | | | | $ | 10.02 | | | | | $ | 9.83 | | | | | $ | 9.82 | | |
Income (Loss) from Operations: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income(1)
|
| | | | 0.58 | | | | | | 0.44 | | | | | | 0.32 | | | | | | 0.40 | | | | | | 0.39 | | |
Net realized and unrealized gain (loss)
|
| | | | 0.21 | | | | | | (0.65) | | | | | | (0.17) | | | | | | 0.19 | | | | | | 0.02 | | |
Total Income from Operations
|
| | | | 0.79 | | | | | | (0.21) | | | | | | 0.15 | | | | | | 0.59 | | | | | | 0.41 | | |
Less Distributions From: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income
|
| | | | (0.59) | | | | | | (0.43) | | | | | | (0.41) | | | | | | (0.40) | | | | | | (0.40) | | |
Total Distributions
|
| | | | (0.59) | | | | | | (0.43) | | | | | | (0.41) | | | | | | (0.40) | | | | | | (0.40) | | |
Net Asset Value, End of Period
|
| | | $ | 9.32 | | | | | $ | 9.12 | | | | | $ | 9.76 | | | | | $ | 10.02 | | | | | $ | 9.83 | | |
Total Return(2)
|
| | | | 8.98% | | | | | | (2.09)% | | | | | | 1.49% | | | | | | 6.28% | | | | | | 4.18% | | |
Net Assets, End of Period (millions)
|
| | | $ | 752 | | | | | $ | 662 | | | | | $ | 699 | | | | | $ | 718 | | | | | $ | 733 | | |
Ratios to Average Net Assets: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Gross expenses(3)
|
| | | | 1.15% | | | | | | 1.14% | | | | | | 1.19% | | | | | | 1.13% | | | | | | 1.11% | | |
Net expenses(3)(4)
|
| | | | 1.02% | | | | | | 1.03% | | | | | | 1.08% | | | | | | 1.02% | | | | | | 1.00% | | |
Net investment income(4)
|
| | | | 6.42% | | | | | | 4.70% | | | | | | 3.17% | | | | | | 4.17% | | | | | | 3.92% | | |
Portfolio Turnover Rate(5)
|
| | | | 83% | | | | | | 58% | | | | | | 90% | | | | | | 164% | | | | | | 84% | | |
| | |
Class Z
|
| |||||||||||||||||||||||||||
| | |
2024
|
| |
2023
|
| |
2022
|
| |
2021
|
| |
2020
|
| |||||||||||||||
Net asset value, Beginning of Period
|
| | | $ | 9.30 | | | | | $ | 9.94 | | | | | $ | 10.19 | | | | | $ | 9.99 | | | | | $ | 9.98 | | |
Income (Loss) from Operations: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income(1)
|
| | | | 0.61 | | | | | | 0.46 | | | | | | 0.34 | | | | | | 0.42 | | | | | | 0.41 | | |
Net realized and unrealized gain (loss)
|
| | | | 0.20 | | | | | | (0.66) | | | | | | (0.17) | | | | | | 0.19 | | | | | | 0.01 | | |
Total Income (Loss) from Operations
|
| | | | 0.81 | | | | | | (0.20) | | | | | | 0.17 | | | | | | 0.61 | | | | | | 0.42 | | |
Less Distributions From: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income
|
| | | | (0.60) | | | | | | (0.44) | | | | | | (0.42) | | | | | | (0.41) | | | | | | (0.41) | | |
Total Distributions
|
| | | | (0.60) | | | | | | (0.44) | | | | | | (0.42) | | | | | | (0.41) | | | | | | (0.41) | | |
Net Asset Value, End of Period
|
| | | $ | 9.51 | | | | | $ | 9.30 | | | | | $ | 9.94 | | | | | $ | 10.19 | | | | | $ | 9.99 | | |
Total Return(2)
|
| | | | 9.06% | | | | | | (1.91)% | | | | | | 1.67% | | | | | | 6.43% | | | | | | 4.26% | | |
Net Assets, End of Period (millions)
|
| | | $ | 70 | | | | | $ | 57 | | | | | $ | 66 | | | | | $ | 40 | | | | | $ | 34 | | |
Ratios to Average Net Assets: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Gross expenses(3)
|
| | | | 1.00% | | | | | | 0.99% | | | | | | 1.04% | | | | | | 0.98% | | | | | | 0.96% | | |
Net expenses(3)(4)
|
| | | | 0.87% | | | | | | 0.88% | | | | | | 0.93% | | | | | | 0.87% | | | | | | 0.85% | | |
Net investment income(4)
|
| | | | 6.58% | | | | | | 4.83% | | | | | | 3.30% | | | | | | 4.31% | | | | | | 4.06% | | |
Portfolio Turnover Rate(5)
|
| | | | 83% | | | | | | 58% | | | | | | 90% | | | | | | 164% | | | | | | 84% | | |
| | |
Class I
|
| |||||||||||||||||||||||||||
| | |
2024
|
| |
2023
|
| |
2022
|
| |
2021
|
| |
2020
|
| |||||||||||||||
Net asset value, Beginning of Period
|
| | | $ | 9.54 | | | | | $ | 10.07 | | | | | $ | 10.38 | | | | | $ | 10.61 | | | | | $ | 10.11 | | |
Income (Loss) from Operations: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income(1)
|
| | | | 0.25 | | | | | | 0.16 | | | | | | 0.10 | | | | | | 0.13 | | | | | | 0.16 | | |
Net realized and unrealized gain (loss)
|
| | | | 0.16 | | | | | | (0.50) | | | | | | (0.26) | | | | | | (0.13) | | | | | | 0.58 | | |
Total Income (Loss) from Operations
|
| | | | 0.41 | | | | | | (0.34) | | | | | | (0.16) | | | | | | — | | | | | | 0.74 | | |
Less Distributions From: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income
|
| | | | (0.27) | | | | | | (0.19) | | | | | | (0.13) | | | | | | (0.16) | | | | | | (0.20) | | |
Net realized gain
|
| | | | — | | | | | | — | | | | | | (0.02) | | | | | | (0.07) | | | | | | (0.04) | | |
Total Distributions
|
| | | | (0.27) | | | | | | (0.19) | | | | | | (0.15) | | | | | | (0.23) | | | | | | (0.24) | | |
Net Asset Value, End of Period
|
| | | $ | 9.68 | | | | | $ | 9.54 | | | | | $ | 10.07 | | | | | $ | 10.38 | | | | | $ | 10.61 | | |
Total Return(2)
|
| | | | 4.42% | | | | | | (3.37)% | | | | | | (1.53)% | | | | | | 0.00% | | | | | | 7.38% | | |
Net Assets, End of Period (millions)
|
| | | $ | 812 | | | | | $ | 819 | | | | | $ | 887 | | | | | $ | 884 | | | | | $ | 878 | | |
Ratios to Average Net Assets: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Gross expenses
|
| | | | 0.94% | | | | | | 0.94% | | | | | | 0.93% | | | | | | 0.93% | | | | | | 0.95% | | |
Net expenses(3)
|
| | | | 0.78% | | | | | | 0.78% | | | | | | 0.76% | | | | | | 0.77% | | | | | | 0.80% | | |
Net investment income(3)
|
| | | | 2.59% | | | | | | 1.62% | | | | | | 0.97% | | | | | | 1.26% | | | | | | 1.56% | | |
Portfolio Turnover Rate(4)
|
| | | | 58% | | | | | | 48% | | | | | | 41% | | | | | | 38% | | | | | | 38% | | |
| | |
Class Z
|
| |||||||||||||||||||||||||||
| | |
2024
|
| |
2023
|
| |
2022
|
| |
2021
|
| |
2020
|
| |||||||||||||||
Net asset value, Beginning of Period
|
| | | $ | 9.57 | | | | | $ | 10.10 | | | | | $ | 10.40 | | | | | $ | 10.64 | | | | | $ | 10.14 | | |
Income (Loss) from Operations: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income(1)
|
| | | | 0.26 | | | | | | 0.17 | | | | | | 0.12 | | | | | | 0.15 | | | | | | 0.18 | | |
Net realized and unrealized gain (loss)
|
| | | | 0.17 | | | | | | (0.50) | | | | | | (0.25) | | | | | | (0.14) | | | | | | 0.57 | | |
Total Income (Loss) from Operations
|
| | | | 0.43 | | | | | | (0.33) | | | | | | (0.13) | | | | | | 0.01 | | | | | | 0.75 | | |
Less Distributions From: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income
|
| | | | (0.29) | | | | | | (0.20) | | | | | | (0.15) | | | | | | (0.18) | | | | | | (0.21) | | |
Net realized gain
|
| | | | — | | | | | | — | | | | | | (0.02) | | | | | | (0.07) | | | | | | (0.04) | | |
Total Distributions
|
| | | | (0.29) | | | | | | (0.20) | | | | | | (0.17) | | | | | | (0.25) | | | | | | (0.25) | | |
Net Asset Value, End of Period
|
| | | $ | 9.71 | | | | | $ | 9.57 | | | | | $ | 10.10 | | | | | $ | 10.40 | | | | | $ | 10.64 | | |
Total Return(2)
|
| | | | 4.56% | | | | | | (3.21)% | | | | | | (1.29)% | | | | | | 0.05% | | | | | | 7.51% | | |
Net Assets, End of Period (millions)
|
| | | $ | 49 | | | | | $ | 44 | | | | | $ | 45 | | | | | $ | 26 | | | | | $ | 19 | | |
Ratios to Average Net Assets: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Gross expenses
|
| | | | 0.79% | | | | | | 0.79% | | | | | | 0.78% | | | | | | 0.78% | | | | | | 0.80% | | |
Net expenses(3)
|
| | | | 0.63% | | | | | | 0.63% | | | | | | 0.61% | | | | | | 0.62% | | | | | | 0.65% | | |
Net investment income(3)
|
| | | | 2.74% | | | | | | 1.77% | | | | | | 1.14% | | | | | | 1.40% | | | | | | 1.71% | | |
Portfolio Turnover Rate(4)
|
| | | | 58% | | | | | | 48% | | | | | | 41% | | | | | | 38% | | | | | | 38% | | |
| | |
Class I
|
| |||||||||||||||||||||||||||
| | |
2024
|
| |
2023
|
| |
2022
|
| |
2021
|
| |
2020
|
| |||||||||||||||
Net asset value, Beginning of Period
|
| | | $ | 10.10 | | | | | $ | 10.22 | | | | | $ | 10.57 | | | | | $ | 9.67 | | | | | $ | 9.76 | | |
Income (Loss) from Operations: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income(1)
|
| | | | 0.53 | | | | | | 0.31 | | | | | | 0.10 | | | | | | 0.14 | | | | | | 0.37 | | |
Net realized and unrealized gain (loss)
|
| | | | 0.50 | | | | | | (0.13) | | | | | | 0.03 | | | | | | 0.91 | | | | | | (0.02) | | |
Total Income from Operations
|
| | | | 1.03 | | | | | | 0.18 | | | | | | 0.13 | | | | | | 1.05 | | | | | | 0.35 | | |
Less Distributions From: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income
|
| | | | (0.68) | | | | | | (0.27) | | | | | | (0.22) | | | | | | (0.15) | | | | | | (0.41) | | |
Net realized gain
|
| | | | — | | | | | | (0.03) | | | | | | (0.26) | | | | | | — | | | | | | (0.03) | | |
Total Distributions
|
| | | | (0.68) | | | | | | (0.30) | | | | | | (0.48) | | | | | | (0.15) | | | | | | (0.44) | | |
Net Asset Value, End of Period
|
| | | $ | 10.45 | | | | | $ | 10.10 | | | | | $ | 10.22 | | | | | $ | 10.57 | | | | | $ | 9.67 | | |
Total Return(2)
|
| | | | 10.51% | | | | | | 1.87% | | | | | | 1.25% | | | | | | 11.09% | | | | | | 3.76% | | |
Net Assets, End of Period (millions)
|
| | | $ | 739 | | | | | $ | 851 | | | | | $ | 1,165 | | | | | $ | 1,102 | | | | | $ | 888 | | |
Ratios to Average Net Assets: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Gross expenses(3)
|
| | | | 1.67% | | | | | | 1.75% | | | | | | 1.75% | | | | | | 1.79% | | | | | | 1.73% | | |
Net expenses(3)(4)
|
| | | | 1.23% | | | | | | 1.30% | | | | | | 1.31% | | | | | | 1.40% | | | | | | 1.34% | | |
Net investment income(4)
|
| | | | 5.20% | | | | | | 3.13% | | | | | | 0.93% | | | | | | 1.40% | | | | | | 3.86% | | |
Portfolio Turnover Rate(5)
|
| | | | 79% | | | | | | 70% | | | | | | 90% | | | | | | 150% | | | | | | 119% | | |
| | |
Class Z
|
| |||||||||||||||||||||||||||
| | |
2024
|
| |
2023
|
| |
2022
|
| |
2021
|
| |
2020
|
| |||||||||||||||
Net asset value, Beginning of Period
|
| | | $ | 9.85 | | | | | $ | 9.96 | | | | | $ | 10.32 | | | | | $ | 9.44 | | | | | $ | 9.54 | | |
Income (Loss) from Operations: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income(1)
|
| | | | 0.54 | | | | | | 0.32 | | | | | | 0.11 | | | | | | 0.14 | | | | | | 0.35 | | |
Net realized and unrealized gain (loss)
|
| | | | 0.47 | | | | | | (0.12) | | | | | | 0.03 | | | | | | 0.91 | | | | | | — | | |
Total Income from Operations
|
| | | | 1.01 | | | | | | 0.20 | | | | | | 0.14 | | | | | | 1.05 | | | | | | 0.35 | | |
Less Distributions From: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net investment income
|
| | | | (0.70) | | | | | | (0.28) | | | | | | (0.24) | | | | | | (0.17) | | | | | | (0.42) | | |
Net realized gain
|
| | | | — | | | | | | (0.03) | | | | | | (0.26) | | | | | | — | | | | | | (0.03) | | |
Total Distributions
|
| | | | (0.70) | | | | | | (0.31) | | | | | | (0.50) | | | | | | (0.17) | | | | | | (0.45) | | |
Net Asset Value, End of Period
|
| | | $ | 10.16 | | | | | $ | 9.85 | | | | | $ | 9.96 | | | | | $ | 10.32 | | | | | $ | 9.44 | | |
Total Return(2)
|
| | | | 10.50% | | | | | | 2.16% | | | | | | 1.31% | | | | | | 11.29% | | | | | | 3.87% | | |
Net Assets, End of Period (millions)
|
| | | $ | 67 | | | | | $ | 72 | | | | | $ | 108 | | | | | $ | 60 | | | | | $ | 41 | | |
Ratios to Average Net Assets: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Gross expenses(3)
|
| | | | 1.52% | | | | | | 1.60% | | | | | | 1.60% | | | | | | 1.64% | | | | | | 1.59% | | |
Net expenses(3)(4)
|
| | | | 1.08% | | | | | | 1.15% | | | | | | 1.16% | | | | | | 1.25% | | | | | | 1.20% | | |
Net investment income(4)
|
| | | | 5.36% | | | | | | 3.24% | | | | | | 1.10% | | | | | | 1.52% | | | | | | 3.75% | | |
Portfolio Turnover Rate(5)
|
| | | | 79% | | | | | | 70% | | | | | | 90% | | | | | | 150% | | | | | | 119% | | |
| | |
Class I
|
| |||||||||||||||
| | |
2024
|
| |
2023
|
| |
2022(1)
|
| |||||||||
Net asset value, Beginning of Period
|
| | | $ | 8.70 | | | | | $ | 9.56 | | | | | $ | 10.00 | | |
Income (Loss) from Operations: | | | | | | | | | | | | | | | | | | | |
Net investment income(2)
|
| | | | 0.04 | | | | | | 0.03 | | | | | | 0.01 | | |
Net realized and unrealized gain (loss)
|
| | | | 1.78 | | | | | | (0.85) | | | | | | (0.44) | | |
Total Income (Loss) from Operations
|
| | | | 1.82 | | | | | | (0.82) | | | | | | (0.43) | | |
Less Distributions From: | | | | | | | | | | | | | | | | | | | |
Net investment income
|
| | | | (0.04) | | | | | | (0.02) | | | | | | (0.01) | | |
Net realized gain
|
| | | | — | | | | | | (0.02) | | | | | | — | | |
Total Distributions
|
| | | | (0.04) | | | | | | (0.04) | | | | | | (0.01) | | |
Net Asset Value, End of Period
|
| | | $ | 10.48 | | | | | $ | 8.70 | | | | | $ | 9.56 | | |
Total Return(3)
|
| | | | 20.91% | | | | | | (8.56)% | | | | | | (4.33)(4) | | |
Net Assets, End of Period (millions)
|
| | | $ | 98 | | | | | $ | 99 | | | | | $ | 123 | | |
Ratios to Average Net Assets: | | | | | | | | | | | | | | | | | | | |
Gross expenses
|
| | | | 1.31% | | | | | | 1.40% | | | | | | 1.40%(5) | | |
Net expenses(6)
|
| | | | 1.19% | | | | | | 1.29% | | | | | | 1.27%(5) | | |
Net investment income(6)
|
| | | | 0.47% | | | | | | 0.33% | | | | | | 0.27%(5) | | |
Portfolio Turnover Rate(7)
|
| | | | 5% | | | | | | 5% | | | | | | 2%(4) | | |
| | |
Class Z
|
| |||||||||||||||
| | |
2024
|
| |
2023
|
| |
2022(1)
|
| |||||||||
Net asset value, Beginning of Period
|
| | | $ | 8.60 | | | | | $ | 9.44 | | | | | $ | 10.00 | | |
Income (Loss) from Operations: | | | | | | | | | | | | | | | | | | | |
Net investment income(2)
|
| | | | 0.06 | | | | | | 0.04 | | | | | | 0.01 | | |
Net realized and unrealized gain (loss)
|
| | | | 1.74 | | | | | | (0.83) | | | | | | (0.56) | | |
Total Income (Loss) from Operations
|
| | | | 1.80 | | | | | | (0.79) | | | | | | (0.55) | | |
Less Distributions From: | | | | | | | | | | | | | | | | | | | |
Net investment income
|
| | | | (0.05) | | | | | | (0.03) | | | | | | (0.01) | | |
Net realized gain
|
| | | | — | | | | | | (0.02) | | | | | | — | | |
Total Distributions
|
| | | | (0.05) | | | | | | (0.05) | | | | | | (0.01) | | |
Net Asset Value, End of Period
|
| | | $ | 10.35 | | | | | $ | 8.60 | | | | | $ | 9.44 | | |
Total Return(3)
|
| | | | 20.95% | | | | | | (8.33)% | | | | | | (5.51)(4) | | |
Net Assets, End of Period (millions)
|
| | | $ | 2 | | | | | $ | 2 | | | | | $ | 2 | | |
Ratios to Average Net Assets: | | | | | | | | | | | | | | | | | | | |
Gross expenses
|
| | | | 1.15% | | | | | | 1.25% | | | | | | 1.22%(5) | | |
Net expenses(6)
|
| | | | 1.04% | | | | | | 1.14% | | | | | | 1.04%(5) | | |
Net investment income(6)
|
| | | | 0.63% | | | | | | 0.48% | | | | | | 0.30%(5) | | |
Portfolio Turnover Rate(7)
|
| | | | 5% | | | | | | 5% | | | | | | 2%(4) | | |
| | |
Total Fair Value at
February 29, 2024 |
| |
Unadjusted Quoted
Prices in Active Markets for Identical Investments (Level 1) |
| |
Significant
Observable Inputs (Level 2) |
| |
Significant
Unobservable Inputs (Level 3) |
| ||||||||||||
Destinations Large Cap Equity Fund | | ||||||||||||||||||||||||
Investments, at value | | ||||||||||||||||||||||||
Common Stocks:
|
| ||||||||||||||||||||||||
Basic Materials
|
| | | $ | 79,559,703 | | | | | $ | 79,559,703 | | | | | $ | — | | | | | $ | — | | |
Communications
|
| | | | 499,037,040 | | | | | | 499,037,040 | | | | | | — | | | | | | — | | |
Consumer Cyclical
|
| | | | 492,203,509 | | | | | | 492,203,509 | | | | | | — | | | | | | — | | |
Consumer Non-cyclical
|
| | | | 847,398,595 | | | | | | 847,398,595 | | | | | | — | | | | | | — | | |
Energy
|
| | | | 167,795,129 | | | | | | 167,795,129 | | | | | | — | | | | | | — | | |
Financial
|
| | | | 690,281,656 | | | | | | 688,947,547 | | | | | | — | | | | | | 1,334,109 | | |
Industrial
|
| | | | 313,679,919 | | | | | | 313,679,919 | | | | | | — | | | | | | — | | |
Technology
|
| | | | 986,823,343 | | | | | | 983,101,034 | | | | | | — | | | | | | 3,722,309 | | |
Utilities
|
| | | | 50,576,961 | | | | | | 50,576,961 | | | | | | — | | | | | | — | | |
Exchange Traded Funds (ETFs)
|
| | | | 33,597,987 | | | | | | 33,597,987 | | | | | | — | | | | | | — | | |
| | |
Total Fair Value at
February 29, 2024 |
| |
Unadjusted Quoted
Prices in Active Markets for Identical Investments (Level 1) |
| |
Significant
Observable Inputs (Level 2) |
| |
Significant
Unobservable Inputs (Level 3) |
| ||||||||||||
Destinations Large Cap Equity Fund (continued) | | ||||||||||||||||||||||||
Investments, at value (continued) | | ||||||||||||||||||||||||
Preferred Stocks:
|
| ||||||||||||||||||||||||
Consumer Cyclical
|
| | | $ | 1,076,887 | | | | | $ | — | | | | | $ | — | | | | | $ | 1,076,887 | | |
Industrial
|
| | | | 3,038,481 | | | | | | — | | | | | | — | | | | | | 3,038,481 | | |
Technology
|
| | | | 3,707,779 | | | | | | — | | | | | | — | | | | | | 3,707,779 | | |
Short-Term Investments:
|
| ||||||||||||||||||||||||
Time Deposits
|
| | | | 52,643,448 | | | | | | — | | | | | | 52,643,448 | | | | | | — | | |
Money Market Fund
|
| | | | 13,766,400 | | | | | | 13,766,400 | | | | | | — | | | | | | — | | |
Total Investments, at value
|
| | | $ | 4,235,186,837 | | | | | $ | 4,169,663,824 | | | | | $ | 52,643,448 | | | | | $ | 12,879,565 | | |
Other Financial Instruments – Assets | | | | | | | | | | | | | | | | | | | | | | | | | |
Futures Contracts
|
| | | $ | 190,138 | | | | | $ | 190,138 | | | | | $ | — | | | | | $ | — | | |
Total Other Financial Instruments – Assets
|
| | | $ | 190,138 | | | | | $ | 190,138 | | | | | $ | — | | | | | $ | — | | |
Destinations Small-Mid Cap Equity Fund | | ||||||||||||||||||||||||
Investments, at value | | ||||||||||||||||||||||||
Common Stocks
|
| | | $ | 804,803,275 | | | | | $ | 804,803,136 | | | | | $ | — | | | | | $ | 139 | | |
Exchange Traded Funds (ETFs)
|
| | | | 24,306,619 | | | | | | 24,306,619 | | | | | | — | | | | | | — | | |
REIT
|
| | | | 37,635 | | | | | | 37,635 | | | | | | — | | | | | | — | | |
Limited Partnership
|
| | | | 25,875 | | | | | | 25,875 | | | | | | — | | | | | | — | | |
Closed-end fund
|
| | | | 3,570 | | | | | | 3,570 | | | | | | — | | | | | | — | | |
Short-Term Investments:
|
| | | | | | | | | | | | | | | | | | | | | | | | |
Time Deposits
|
| | | | 21,150,982 | | | | | | — | | | | | | 21,150,982 | | | | | | — | | |
Money Market Fund
|
| | | | 5,112,972 | | | | | | 5,112,972 | | | | | | — | | | | | | — | | |
Total Investments, at value
|
| | | $ | 855,440,928 | | | | | $ | 834,289,807 | | | | | $ | 21,150,982 | | | | | $ | 139 | | |
Other Financial Instruments – Assets | | | | | | | | | | | | | | | | | | | | | | | | | |
Futures Contracts
|
| | | $ | 39,730 | | | | | $ | 39,730 | | | | | $ | — | | | | | $ | — | | |
Total Other Financial Instruments – Assets
|
| | | $ | 39,730 | | | | | $ | 39,730 | | | | | $ | — | | | | | $ | — | | |
Destinations International Equity Fund | | ||||||||||||||||||||||||
Investments, at value | | ||||||||||||||||||||||||
Common Stocks:
|
| ||||||||||||||||||||||||
Argentina
|
| | | $ | 2,512,531 | | | | | $ | 2,512,531 | | | | | $ | — | | | | | $ | — | | |
Australia
|
| | | | 42,192,047 | | | | | | — | | | | | | 42,192,047 | | | | | | — | | |
Austria
|
| | | | 2,438,444 | | | | | | — | | | | | | 2,438,444 | | | | | | — | | |
Belgium
|
| | | | 3,991,090 | | | | | | — | | | | | | 3,991,090 | | | | | | — | | |
Bermuda
|
| | | | 3,763,847 | | | | | | — | | | | | | 3,763,847 | | | | | | — | | |
Brazil
|
| | | | 45,066,151 | | | | | | 12,109,342 | | | | | | 32,956,809 | | | | | | — | | |
Cambodia
|
| | | | 19,318 | | | | | | — | | | | | | 19,318 | | | | | | — | | |
Canada
|
| | | | 119,104,777 | | | | | | 19,395,823 | | | | | | 99,708,954 | | | | | | — | | |
Chile
|
| | | | 117,573 | | | | | | — | | | | | | 117,573 | | | | | | — | | |
China
|
| | | | 69,041,629 | | | | | | 23,807,930 | | | | | | 45,233,699 | | | | | | — | | |
Denmark
|
| | | | 26,188,789 | | | | | | 7,227,760 | | | | | | 18,961,029 | | | | | | — | | |
Finland
|
| | | | 26,405,952 | | | | | | — | | | | | | 26,405,952 | | | | | | — | | |
France
|
| | | | 174,404,912 | | | | | | — | | | | | | 174,404,912 | | | | | | — | | |
Germany
|
| | | | 171,769,234 | | | | | | — | | | | | | 171,769,234 | | | | | | — | | |
Greece
|
| | | | 1,435,330 | | | | | | — | | | | | | 1,435,330 | | | | | | — | | |
| | |
Total Fair Value at
February 29, 2024 |
| |
Unadjusted Quoted
Prices in Active Markets for Identical Investments (Level 1) |
| |
Significant
Observable Inputs (Level 2) |
| |
Significant
Unobservable Inputs (Level 3) |
| ||||||||||||
Destinations International Equity Fund (continued) | | ||||||||||||||||||||||||
Investments, at value (continued) | | ||||||||||||||||||||||||
Common Stocks: (continued)
|
| ||||||||||||||||||||||||
Hong Kong
|
| | | $ | 63,359,073 | | | | | $ | — | | | | | $ | 63,359,073 | | | | | $ | — | | |
India
|
| | | | 155,740,160 | | | | | | 11,192,275 | | | | | | 144,547,885 | | | | | | — | | |
Indonesia
|
| | | | 15,704,106 | | | | | | — | | | | | | 15,704,106 | | | | | | — | | |
Ireland
|
| | | | 39,565,614 | | | | | | 14,750,837 | | | | | | 24,814,777 | | | | | | — | | |
Israel
|
| | | | 5,823,839 | | | | | | 2,350,989 | | | | | | 3,472,850 | | | | | | — | | |
Italy
|
| | | | 46,307,734 | | | | | | 1,694,507 | | | | | | 44,613,227 | | | | | | — | | |
Japan
|
| | | | 376,592,814 | | | | | | — | | | | | | 376,592,814 | | | | | | — | | |
Jersey, Channel Islands
|
| | | | 3,167,524 | | | | | | — | | | | | | 3,167,524 | | | | | | — | | |
Jordan
|
| | | | 49,614 | | | | | | — | | | | | | 49,614 | | | | | | — | | |
Lithuania
|
| | | | 2,477,001 | | | | | | — | | | | | | 2,477,001 | | | | | | — | | |
Luxembourg
|
| | | | 457,515 | | | | | | — | | | | | | 457,515 | | | | | | — | | |
Macau
|
| | | | 149,931 | | | | | | — | | | | | | 149,931 | | | | | | — | | |
Malaysia
|
| | | | 1,209,862 | | | | | | — | | | | | | 1,209,862 | | | | | | — | | |
Mexico
|
| | | | 7,449,384 | | | | | | — | | | | | | 7,449,384 | | | | | | — | | |
Netherlands
|
| | | | 97,412,248 | | | | | | 6,851,153 | | | | | | 90,561,095 | | | | | | — | | |
New Zealand
|
| | | | 868,270 | | | | | | — | | | | | | 868,270 | | | | | | — | | |
Norway
|
| | | | 21,567,375 | | | | | | 898,630 | | | | | | 20,668,745 | | | | | | — | | |
Peru
|
| | | | 2,047,142 | | | | | | 2,047,142 | | | | | | — | | | | | | — | | |
Philippines
|
| | | | 6,380,587 | | | | | | — | | | | | | 6,380,587 | | | | | | — | | |
Poland
|
| | | | 7,521,657 | | | | | | — | | | | | | 7,521,657 | | | | | | — | | |
Portugal
|
| | | | 8,354,898 | | | | | | — | | | | | | 8,354,898 | | | | | | — | | |
Russia
|
| | | | 731 | | | | | | — | | | | | | — | | | | | | 731 | | |
Saudi Arabia
|
| | | | 3,416,119 | | | | | | — | | | | | | 3,416,119 | | | | | | — | | |
Singapore
|
| | | | 23,516,593 | | | | | | 2,217,024 | | | | | | 21,299,569 | | | | | | — | | |
South Africa
|
| | | | 10,554,063 | | | | | | 904,063 | | | | | | 9,650,000 | | | | | | — | | |
South Korea
|
| | | | 82,852,982 | | | | | | — | | | | | | 82,852,982 | | | | | | — | | |
Spain
|
| | | | 27,840,928 | | | | | | — | | | | | | 27,840,928 | | | | | | — | | |
Sweden
|
| | | | 80,120,949 | | | | | | — | | | | | | 80,120,949 | | | | | | — | | |
Switzerland
|
| | | | 110,427,927 | | | | | | — | | | | | | 110,427,927 | | | | | | — | | |
Taiwan
|
| | | | 82,700,599 | | | | | | 22,951,125 | | | | | | 59,749,474 | | | | | | — | | |
Thailand
|
| | | | 4,793,980 | | | | | | — | | | | | | 4,793,980 | | | | | | — | | |
Turkey
|
| | | | 8,413,908 | | | | | | — | | | | | | 8,413,908 | | | | | | — | | |
United Arab Emirates
|
| | | | 396,184 | | | | | | — | | | | | | 396,184 | | | | | | — | | |
United Kingdom
|
| | | | 225,152,999 | | | | | | 8,724,846 | | | | | | 216,146,664 | | | | | | 281,489 | | |
United States
|
| | | | 42,916,297 | | | | | | 42,251,404 | | | | | | 55,644 | | | | | | 609,249 | | |
Uruguay
|
| | | | 15,101,110 | | | | | | — | | | | | | 15,101,110 | | | | | | — | | |
Exchange Traded Funds (ETFs)
|
| | | | 115,502,905 | | | | | | 115,502,905 | | | | | | — | | | | | | — | | |
Preferred Stocks
|
| | | | 13,917,751 | | | | | | — | | | | | | 13,883,666 | | | | | | 34,085 | | |
Warrants:
|
| | | | | | | | | | | | | | | | | | | | | | | | |
Canada
|
| | | | —* | | | | | | — | | | | | | —* | | | | | | — | | |
United States
|
| | | | 421 | | | | | | 421 | | | | | | — | | | | | | — | | |
Right
|
| | | | 1,200 | | | | | | — | | | | | | — | | | | | | 1,200 | | |
| | |
Total Fair Value at
February 29, 2024 |
| |
Unadjusted Quoted
Prices in Active Markets for Identical Investments (Level 1) |
| |
Significant
Observable Inputs (Level 2) |
| |
Significant
Unobservable Inputs (Level 3) |
| ||||||||||||
Destinations International Equity Fund (continued) | | ||||||||||||||||||||||||
Investments, at value (continued) | | ||||||||||||||||||||||||
Short-Term Investments:
|
| | | | | | | | | | | | | | | | | | | | | | | | |
Time Deposits
|
| | | $ | 35,439,242 | | | | | $ | — | | | | | $ | 35,439,242 | | | | | $ | — | | |
U.S. Government Agency
|
| | | | 2,009,000 | | | | | | — | | | | | | 2,009,000 | | | | | | — | | |
Money Market Fund
|
| | | | 23,104,558 | | | | | | 23,104,558 | | | | | | — | | | | | | — | | |
Total Investments, at value
|
| | | $ | 2,458,838,418 | | | | | $ | 320,495,265 | | | | | $ | 2,137,416,399 | | | | | $ | 926,754 | | |
Other Financial Instruments – Asset | | | | | | | | | | | | | | | | | | | | | | | | | |
Futures Contracts
|
| | | $ | 39,035 | | | | | $ | 39,035 | | | | | $ | — | | | | | $ | — | | |
Total Other Financial Instruments – Assets
|
| | | $ | 39,035 | | | | | $ | 39,035 | | | | | $ | — | | | | | $ | — | | |
Other Financial Instruments – Liabilities | | | | | | | | | | | | | | | | | | | | | | | | | |
Options Contracts Written
|
| | | $ | (46,262) | | | | | $ | — | | | | | $ | (46,262) | | | | | $ | — | | |
OTC Total Return Swaps
|
| | | | (260,392) | | | | | | — | | | | | | (260,392) | | | | | | — | | |
Total Other Financial Instruments – Liabilities
|
| | | $ | (306,654) | | | | | $ | — | | | | | $ | (306,654) | | | | | $ | — | | |
Destinations Equity Income Fund | | ||||||||||||||||||||||||
Investments, at value | | ||||||||||||||||||||||||
Corporate Bond & Note
|
| | | $ | 1,260,350 | | | | | $ | — | | | | | $ | 1,260,350 | | | | | $ | — | | |
Common Stocks:
|
| | | | | | | | | | | | | | | | | | | | | | | | |
Basic Materials
|
| | | | 23,372,434 | | | | | | 14,144,067 | | | | | | 9,228,367 | | | | | | — | | |
Communications
|
| | | | 35,257,751 | | | | | | 22,926,792 | | | | | | 12,330,959 | | | | | | — | | |
Consumer Cyclical
|
| | | | 30,639,264 | | | | | | 24,696,835 | | | | | | 5,942,429 | | | | | | — | | |
Consumer Non-cyclical
|
| | | | 107,422,089 | | | | | | 78,370,155 | | | | | | 29,051,934 | | | | | | — | | |
Energy
|
| | | | 42,344,198 | | | | | | 21,998,670 | | | | | | 20,345,528 | | | | | | — | | |
Financial
|
| | | | 103,751,463 | | | | | | 71,474,651 | | | | | | 32,276,812 | | | | | | — | | |
Industrial
|
| | | | 54,891,708 | | | | | | 35,765,316 | | | | | | 19,126,392 | | | | | | — | | |
Technology
|
| | | | 33,375,267 | | | | | | 27,818,859 | | | | | | 5,556,408 | | | | | | — | | |
Utilities
|
| | | | 56,737,091 | | | | | | 45,961,210 | | | | | | 10,775,881 | | | | | | — | | |
Exchange Traded Funds (ETFs)
|
| | | | 78,537,387 | | | | | | 78,537,387 | | | | | | — | | | | | | — | | |
Short-Term Investments:
|
| | | | | | | | | | | | | | | | | | | | | | | | |
Time Deposits
|
| | | | 12,387,888 | | | | | | — | | | | | | 12,387,888 | | | | | | — | | |
Money Market Fund
|
| | | | 1,974,600 | | | | | | 1,974,600 | | | | | | — | | | | | | — | | |
Total Investments, at value
|
| | | $ | 581,951,490 | | | | | $ | 423,668,542 | | | | | $ | 158,282,948 | | | | | $ | — | | |
Other Financial Instruments – Liabilities | | | | | | | | | | | | | | | | | | | | | | | | | |
Options Contracts Written
|
| | | $ | (16,787) | | | | | $ | (16,787) | | | | | $ | — | | | | | $ | — | | |
Total Other Financial Instruments – Liabilities
|
| | | $ | (16,787) | | | | | $ | (16,787) | | | | | $ | — | | | | | $ | — | | |
Destinations Core Fixed Income Fund | | ||||||||||||||||||||||||
Investments, at value | | ||||||||||||||||||||||||
Mortgage-Backed Securities
|
| | | $ | 507,871,791 | | | | | $ | — | | | | | $ | 507,871,791 | | | | | $ | — | | |
U.S. Government Obligations
|
| | | | 421,385,424 | | | | | | — | | | | | | 421,385,424 | | | | | | — | | |
Collateralized Mortgage Obligations
|
| | | | 418,763,909 | | | | | | — | | | | | | 418,763,909 | | | | | | — | | |
Corporate Bonds & Notes:
|
| | | | | | | | | | | | | | | | | | | | | | | | |
Basic Materials
|
| | | | 9,866,943 | | | | | | — | | | | | | 9,866,943 | | | | | | — | | |
Communications
|
| | | | 39,496,769 | | | | | | — | | | | | | 39,496,769 | | | | | | — | | |
Consumer Cyclical
|
| | | | 25,396,306 | | | | | | — | | | | | | 25,396,306 | | | | | | — | | |
| | |
Total Fair Value at
February 29, 2024 |
| |
Unadjusted Quoted
Prices in Active Markets for Identical Investments (Level 1) |
| |
Significant
Observable Inputs (Level 2) |
| |
Significant
Unobservable Inputs (Level 3) |
| ||||||||||||
Destinations Core Fixed Income Fund (continued) | | ||||||||||||||||||||||||
Investments, at value (continued) | | ||||||||||||||||||||||||
Consumer Non-cyclical
|
| | | $ | 34,493,892 | | | | | $ | — | | | | | $ | 34,493,892 | | | | | $ | — | | |
Energy
|
| | | | 45,256,211 | | | | | | — | | | | | | 45,256,211 | | | | | | — | | |
Financial
|
| | | | 173,684,087 | | | | | | — | | | | | | 173,684,087 | | | | | | — | | |
Industrial
|
| | | | 17,295,999 | | | | | | — | | | | | | 17,295,999 | | | | | | — | | |
Technology
|
| | | | 8,110,910 | | | | | | — | | | | | | 8,110,910 | | | | | | — | | |
Utilities
|
| | | | 56,053,810 | | | | | | — | | | | | | 56,053,810 | | | | | | — | | |
Asset-Backed Securities
|
| | | | 204,437,409 | | | | | | — | | | | | | 204,437,409 | | | | | | — | | |
Senior Loans
|
| | | | 11,528,091 | | | | | | — | | | | | | 11,528,091 | | | | | | — | | |
Sovereign Bonds
|
| | | | 10,847,062 | | | | | | — | | | | | | 10,847,062 | | | | | | — | | |
Municipal Bonds
|
| | | | 2,697,010 | | | | | | — | | | | | | 2,697,010 | | | | | | — | | |
Exchange Traded Funds (ETFs)
|
| | | | 82,699,120 | | | | | | 82,699,120 | | | | | | — | | | | | | — | | |
Common Stocks:
|
| | | | | | | | | | | | | | | | | | | | | | | | |
Communications
|
| | | | 27,556 | | | | | | 27,556 | | | | | | — | | | | | | — | | |
Industrial
|
| | | | 14,779 | | | | | | 14,779 | | | | | | — | | | | | | — | | |
Short-Term Investments:
|
| | | | | | | | | | | | | | | | | | | | | | | | |
Time Deposits
|
| | | | 51,197,384 | | | | | | — | | | | | | 51,197,384 | | | | | | — | | |
Total Investments, at value
|
| | | $ | 2,121,124,462 | | | | | $ | 82,741,455 | | | | | $ | 2,038,383,007 | | | | | $ | — | | |
Other Financial Instruments – Assets | | | | | | | | | | | | | | | | | | | | | | | | | |
Futures Contracts
|
| | | $ | 19,902 | | | | | $ | 19,902 | | | | | $ | — | | | | | $ | — | | |
Centrally Cleared Interest Rate Swap
|
| | | | 712,012 | | | | | | — | | | | | | 712,012 | | | | | | — | | |
Total Other Financial Instruments – Assets
|
| | | $ | 731,914 | | | | | $ | 19,902 | | | | | $ | 712,012 | | | | | $ | — | | |
Other Financial Instruments – Liabilities | | | | | | | | | | | | | | | | | | | | | | | | | |
Futures Contracts
|
| | | $ | (122,358) | | | | | $ | (122,358) | | | | | $ | — | | | | | $ | — | | |
Forward Sale Commitments
|
| | | | (31,182,992) | | | | | | — | | | | | | (31,182,992) | | | | | | — | | |
Total Other Financial Instruments – Liabilities
|
| | | $ | (31,305,350) | | | | | $ | (122,358) | | | | | $ | (31,182,992) | | | | | $ | — | | |
Destinations Low Duration Fixed Income Fund | | ||||||||||||||||||||||||
Investments, at value | | ||||||||||||||||||||||||
Corporate Bonds & Notes:
|
| | | | | | | | | | | | | | | | | | | | | | | | |
Basic Materials
|
| | | $ | 11,822,379 | | | | | $ | — | | | | | $ | 11,822,379 | | | | | $ | — | | |
Communications
|
| | | | 26,128,111 | | | | | | — | | | | | | 26,128,111 | | | | | | — | | |
Consumer Cyclical
|
| | | | 7,741,442 | | | | | | — | | | | | | 7,741,442 | | | | | | — | | |
Consumer Non-cyclical
|
| | | | 36,376,684 | | | | | | — | | | | | | 29,154,234 | | | | | | 7,222,450 | | |
Diversified
|
| | | | 2,727,709 | | | | | | — | | | | | | 2,727,709 | | | | | | — | | |
Energy
|
| | | | 14,055,218 | | | | | | — | | | | | | 14,055,218 | | | | | | — | | |
Financial
|
| | | | 20,021,435 | | | | | | — | | | | | | 20,021,435 | | | | | | — | | |
Healthcare
|
| | | | 5,466,400 | | | | | | — | | | | | | — | | | | | | 5,466,400 | | |
Industrial
|
| | | | 15,334,490 | | | | | | — | | | | | | 15,334,490 | | | | | | — | | |
Technology
|
| | | | 8,195,048 | | | | | | — | | | | | | 8,165,585 | | | | | | 29,463 | | |
Utilities
|
| | | | 2,951,467 | | | | | | — | | | | | | 2,951,467 | | | | | | — | | |
Asset-Backed Securities
|
| | | | 45,827,712 | | | | | | — | | | | | | 45,827,712 | | | | | | — | | |
Collateralized Mortgage Obligations
|
| | | | 37,791,327 | | | | | | — | | | | | | 37,791,327 | | | | | | — | | |
U.S. Government Agencies & Obligations
|
| | | | 29,996,613 | | | | | | — | | | | | | 29,996,613 | | | | | | — | | |
Senior Loans
|
| | | | 21,402,184 | | | | | | — | | | | | | 18,506,857 | | | | | | 2,895,327 | | |
Mortgage-Backed Securities
|
| | | | 2,390,772 | | | | | | — | | | | | | 2,390,772 | | | | | | — | | |
Sovereign Bonds
|
| | | | 976,162 | | | | | | — | | | | | | 976,162 | | | | | | — | | |
| | |
Total Fair Value at
February 29, 2024 |
| |
Unadjusted Quoted
Prices in Active Markets for Identical Investments (Level 1) |
| |
Significant
Observable Inputs (Level 2) |
| |
Significant
Unobservable Inputs (Level 3) |
| ||||||||||||
Destinations Low Duration Fixed Income Fund (continued) | | ||||||||||||||||||||||||
Investments, at value (continued) | | ||||||||||||||||||||||||
Exchange Traded Fund (ETF)
|
| | | $ | 74,771,696 | | | | | $ | 74,771,696 | | | | | $ | — | | | | | $ | — | | |
Preferred Stocks
|
| | | | 5,192,521 | | | | | | 5,192,521 | | | | | | — | | | | | | — | | |
Common Stocks:
|
| | | | | | | | | | | | | | | | | | | | | | | | |
Consumer Non-cyclical
|
| | | | 63,075 | | | | | | 63,075 | | | | | | — | | | | | | — | | |
Diversified
|
| | | | 4,332,637 | | | | | | 4,332,637 | | | | | | — | | | | | | —* | | |
Financial
|
| | | | 617,841 | | | | | | — | | | | | | — | | | | | | 617,841 | | |
Warrants:
|
| | | | | | | | | | | | | | | | | | | | | | | | |
Basic Materials
|
| | | | —* | | | | | | — | | | | | | — | | | | | | —* | | |
Diversified
|
| | | | 1,101 | | | | | | 1,101 | | | | | | — | | | | | | — | | |
Short-Term Investments:
|
| | | | | | | | | | | | | | | | | | | | | | | | |
Commercial Papers
|
| | | | 1,729,445 | | | | | | — | | | | | | 1,729,445 | | | | | | — | | |
Corporate Note
|
| | | | 1,468,461 | | | | | | — | | | | | | — | | | | | | 1,468,461 | | |
Time Deposits
|
| | | | 29,214,921 | | | | | | — | | | | | | 29,214,921 | | | | | | — | | |
U.S. Government Obligations
|
| | | | 14,969,067 | | | | | | — | | | | | | 14,969,067 | | | | | | — | | |
Money Market Fund
|
| | | | 722,785 | | | | | | 722,785 | | | | | | — | | | | | | — | | |
Total Investments, at value
|
| | | $ | 422,288,703 | | | | | $ | 85,083,815 | | | | | $ | 319,504,946 | | | | | $ | 17,699,942** | | |
Other Financial Instruments – Liabilities | | | | | | | | | | | | | | | | | | | | | | | | | |
Forward Foreign Currency Contracts
|
| | | $ | (76,917) | | | | | $ | (76,917) | | | | | $ | — | | | | | $ | — | | |
Total Other Financial Instruments – Liabilities
|
| | | $ | (76,917) | | | | | $ | (76,917) | | | | | $ | — | | | | | $ | — | | |
Destinations Global Fixed Income Opportunities Fund | | ||||||||||||||||||||||||
Investments, at value | | ||||||||||||||||||||||||
Corporate Bonds & Notes
|
| | | | | | | | | | | | | | | | | | | | | | | | |
Australia
|
| | | $ | 10,047,422 | | | | | $ | — | | | | | $ | 10,047,422 | | | | | $ | — | | |
Bermuda
|
| | | | 6,219,815 | | | | | | — | | | | | | 6,219,815 | | | | | | — | | |
Brazil
|
| | | | 10,961,979 | | | | | | — | | | | | | 10,961,979 | | | | | | — | | |
British Virgin Islands
|
| | | | 946,847 | | | | | | — | | | | | | 946,847 | | | | | | — | | |
Canada
|
| | | | 23,684,646 | | | | | | — | | | | | | 23,684,646 | | | | | | — | | |
Cayman Islands
|
| | | | 5,150,382 | | | | | | — | | | | | | 5,150,382 | | | | | | — | | |
Chile
|
| | | | 20,014,160 | | | | | | — | | | | | | 20,014,160 | | | | | | — | | |
Colombia
|
| | | | 19,262,772 | | | | | | — | | | | | | 19,262,772 | | | | | | — | | |
France
|
| | | | 4,557,697 | | | | | | — | | | | | | 4,557,697 | | | | | | — | | |
Germany
|
| | | | 13,218,415 | | | | | | — | | | | | | 13,218,415 | | | | | | — | | |
Guatemala
|
| | | | 6,151,748 | | | | | | — | | | | | | 6,151,748 | | | | | | — | | |
India
|
| | | | 15,439,541 | | | | | | — | | | | | | 15,439,541 | | | | | | — | | |
Indonesia
|
| | | | 21,011,022 | | | | | | — | | | | | | 21,011,022 | | | | | | — | | |
Isle of Man
|
| | | | 177,815 | | | | | | — | | | | | | 177,815 | | | | | | — | | |
Italy
|
| | | | 9,044,827 | | | | | | — | | | | | | 9,044,827 | | | | | | — | | |
Jersey, Channel Islands
|
| | | | 5,899,936 | | | | | | — | | | | | | 5,899,936 | | | | | | — | | |
Luxembourg
|
| | | | 33,610,623 | | | | | | — | | | | | | 33,610,623 | | | | | | — | | |
Malaysia
|
| | | | 2,840,725 | | | | | | — | | | | | | 2,840,725 | | | | | | — | | |
Mauritius
|
| | | | 4,386,822 | | | | | | — | | | | | | 4,386,822 | | | | | | — | | |
Mexico
|
| | | | 38,130,641 | | | | | | — | | | | | | 38,130,641 | | | | | | — | | |
Netherlands
|
| | | | 32,273,855 | | | | | | — | | | | | | 32,273,855 | | | | | | — | | |
Norway
|
| | | | 13,408,646 | | | | | | — | | | | | | 13,408,646 | | | | | | — | | |
Panama
|
| | | | 3,538,029 | | | | | | — | | | | | | 3,538,029 | | | | | | — | | |
| | |
Total Fair Value at
February 29, 2024 |
| |
Unadjusted Quoted
Prices in Active Markets for Identical Investments (Level 1) |
| |
Significant
Observable Inputs (Level 2) |
| |
Significant
Unobservable Inputs (Level 3) |
| ||||||||||||
Destinations Global Fixed Income Opportunities Fund (continued) | | ||||||||||||||||||||||||
Investments, at value (continued) | | ||||||||||||||||||||||||
Corporate Bonds & Notes (continued)
|
| | | | | ||||||||||||||||||||
Paraguay
|
| | | $ | 1,041,000 | | | | | $ | — | | | | | $ | 1,041,000 | | | | | $ | — | | |
Peru
|
| | | | 27,457,532 | | | | | | — | | | | | | 27,457,532 | | | | | | — | | |
Portugal
|
| | | | —* | | | | | | — | | | | | | — | | | | | | —* | | |
Singapore
|
| | | | 23,921,312 | | | | | | — | | | | | | 23,921,312 | | | | | | — | | |
South Korea
|
| | | | 7,738,912 | | | | | | — | | | | | | 7,738,912 | | | | | | — | | |
Spain
|
| | | | 9,585,664 | | | | | | — | | | | | | 9,585,664 | | | | | | — | | |
Sweden
|
| | | | 12,603,459 | | | | | | — | | | | | | 12,603,459 | | | | | | — | | |
Switzerland
|
| | | | 2,036,252 | | | | | | — | | | | | | 2,036,252 | | | | | | — | | |
United Kingdom
|
| | | | 10,487,564 | | | | | | — | | | | | | 10,460,780 | | | | | | 26,784 | | |
United States
|
| | | | 175,393,334 | | | | | | — | | | | | | 165,307,155 | | | | | | 10,086,179 | | |
Senior Loans
|
| | | | 72,039,393 | | | | | | — | | | | | | 71,879,783 | | | | | | 159,610 | | |
Sovereign Bonds
|
| | | | 5,298,673 | | | | | | — | | | | | | 5,298,673 | | | | | | — | | |
Collateralized Mortgage Obligations
|
| | | | 871,436 | | | | | | — | | | | | | 871,436 | | | | | | — | | |
Exchange Traded Fund (ETF)
|
| | | | 93,850,250 | | | | | | 93,850,250 | | | | | | — | | | | | | — | | |
Preferred Stocks:
|
| | | | | | | | | | | | | | | | | | | | | | | | |
Bermuda
|
| | | | 2,051,601 | | | | | | 2,051,601 | | | | | | — | | | | | | — | | |
United Kingdom
|
| | | | 36,576 | | | | | | 36,576 | | | | | | — | | | | | | — | | |
United States
|
| | | | 23,592,831 | | | | | | 21,909,544 | | | | | | 1,192,103 | | | | | | 491,184 | | |
Common Stocks:
|
| | | | | | | | | | | | | | | | | | | | | | | | |
United States
|
| | | | 7,749,977 | | | | | | 3,952,700 | | | | | | — | | | | | | 3,797,277 | | |
Equity Linked Notes
|
| | | | 97,338 | | | | | | — | | | | | | — | | | | | | 97,338 | | |
Warrants:
|
| | | | | | | | | | | | | | | | | | | | | | | | |
Bermuda
|
| | | | —* | | | | | | — | | | | | | — | | | | | | —* | | |
Brazil
|
| | | | —* | | | | | | — | | | | | | — | | | | | | —* | | |
Canada
|
| | | | —* | | | | | | — | | | | | | — | | | | | | —* | | |
Israel
|
| | | | —* | | | | | | — | | | | | | — | | | | | | —* | | |
United States
|
| | | | 107,716 | | | | | | 107,716 | | | | | | — | | | | | | — | | |
Short-Term Investments:
|
| | | | | | | | | | | | | | | | | | | | | | | | |
Commercial Papers
|
| | | | 8,836,543 | | | | | | — | | | | | | 8,836,543 | | | | | | — | | |
Corporate Note
|
| | | | 2,165,123 | | | | | | — | | | | | | — | | | | | | 2,165,123 | | |
Time Deposits
|
| | | | 47,501,142 | | | | | | — | | | | | | 47,501,142 | | | | | | — | | |
Money Market Fund
|
| | | | 392,687 | | | | | | 392,687 | | | | | | — | | | | | | — | | |
Total Investments, at value
|
| | | $ | 834,834,680 | | | | | $ | 122,301,074 | | | | | $ | 695,710,111 | | | | | $ | 16,823,495** | | |
Other Financial Instruments – Asset | | | | | | | | | | | | | | | | | | | | | | | | | |
Forward Foreign Currency Contracts
|
| | | $ | 93,421 | | | | | $ | — | | | | | $ | 93,421 | | | | | $ | — | | |
Total Other Financial Instruments – Assets
|
| | | $ | 93,421 | | | | | $ | — | | | | | $ | 93,421 | | | | | $ | — | | |
Other Financial Instruments – Liabilities | | | | | | | | | | | | | | | | | | | | | | | | | |
Options Contracts Written
|
| | | $ | (122,601) | | | | | $ | (122,601) | | | | | $ | — | | | | | $ | — | | |
Forward Foreign Currency Contract
|
| | | | (177,078) | | | | | | — | | | | | | (177,078) | | | | | | — | | |
Short Sales: | | | | | | | | | | | | | | | | | | | | | | | | | |
Corporate Bonds & Notes
|
| | | | (9,106,827) | | | | | | — | | | | | | (9,106,827) | | | | | | — | | |
Total Other Financial Instruments – Liabilities
|
| | | $ | (9,406,506) | | | | | $ | (122,601) | | | | | $ | (9,283,905) | | | | | $ | — | | |
|
| | |
Total Fair Value at
February 29, 2024 |
| |
Unadjusted Quoted
Prices in Active Markets for Identical Investments (Level 1) |
| |
Significant
Observable Inputs (Level 2) |
| |
Significant
Unobservable Inputs (Level 3) |
| ||||||||||||
Destinations Municipal Fixed Income Fund | | ||||||||||||||||||||||||
Investments, at value | | ||||||||||||||||||||||||
Municipal Bonds
|
| | | $ | 770,618,491 | | | | | $ | — | | | | | $ | 770,618,491 | | | | | $ | — | | |
Exchange Traded Fund (ETF)
|
| | | | 36,482,041 | | | | | | 36,482,041 | | | | | | — | | | | | | — | | |
Short-Term Investments:
|
| | | | | | | | | | | | | | | | | | | | | | | | |
Municipal Bond
|
| | | | 8,655,412 | | | | | | — | | | | | | 8,655,412 | | | | | | — | | |
Time Deposits
|
| | | | 37,508,218 | | | | | | — | | | | | | 37,508,218 | | | | | | — | | |
Money Market Fund
|
| | | | 35,528,240 | | | | | | 35,528,240 | | | | | | — | | | | | | — | | |
Total Investments, at value
|
| | | $ | 888,792,402 | | | | | $ | 72,010,281 | | | | | $ | 816,782,121 | | | | | $ | — | | |
Other Financial Instruments – Liabilities | | | | | | | | | | | | | | | | | | | | | | | | | |
Futures Contract
|
| | | $ | (8,085) | | | | | $ | (8,085) | | | | | $ | — | | | | | $ | — | | |
Total Other Financial Instruments – Liabilities
|
| | | $ | (8,085) | | | | | $ | (8,085) | | | | | $ | — | | | | | $ | — | | |
Destinations Multi Strategy Alternatives Fund | | ||||||||||||||||||||||||
Investments, at value | | ||||||||||||||||||||||||
Asset-Backed Securities
|
| | | $ | 148,569,946 | | | | | $ | — | | | | | $ | 148,569,946 | | | | | $ | — | | |
Collateralized Mortgage Obligations
|
| | | | 133,416,867 | | | | | | — | | | | | | 133,416,867 | | | | | | — | | |
Corporate Bonds & Notes
|
| | | | 113,145,413 | | | | | | — | | | | | | 113,145,413 | | | | | | — | | |
Senior Loan
|
| | | | 8,049,067 | | | | | | — | | | | | | 8,049,067 | | | | | | — | | |
Common Stocks:
|
| | | | | | | | | | | | | | | | | | | | | | | | |
Communications
|
| | | | 5,633,927 | | | | | | 5,633,927 | | | | | | — | | | | | | — | | |
Consumer Cyclical
|
| | | | 24,533,492 | | | | | | 24,533,492 | | | | | | — | | | | | | — | | |
Consumer Non-cyclical
|
| | | | 51,851,415 | | | | | | 51,851,415 | | | | | | — | | | | | | — | | |
Diversified
|
| | | | 6,183,714 | | | | | | 6,183,714 | | | | | | — | | | | | | — | | |
Financial
|
| | | | 14,771,933 | | | | | | 14,771,933 | | | | | | — | | | | | | — | | |
Industrial
|
| | | | 6,564,896 | | | | | | 6,564,896 | | | | | | — | | | | | | — | | |
Open-End Funds
|
| | | | 180,437,358 | | | | | | 180,437,358 | | | | | | — | | | | | | — | | |
Preferred Stock
|
| | | | 7,921,059 | | | | | | 7,921,059 | | | | | | — | | | | | | — | | |
Warrants
|
| | | | 255,672 | | | | | | 255,672 | | | | | | — | | | | | | — | | |
Short-Term Investments:
|
| | | | | | | | | | | | | | | | | | | | | | | | |
Time Deposits
|
| | | | 86,576,245 | | | | | | — | | | | | | 86,576,245 | | | | | | — | | |
Money Market Fund
|
| | | | 1,027,244 | | | | | | 1,027,244 | | | | | | — | | | | | | — | | |
Total Investments, at value
|
| | | $ | 788,938,248 | | | | | $ | 299,180,710 | | | | | $ | 489,757,538 | | | | | $ | — | | |
Other Financial Instruments – Assets | | | | | | | | | | | | | | | | | | | | | | | | | |
OTC Total Return Swaps
|
| | | $ | 187,204 | | | | | $ | — | | | | | $ | 187,204 | | | | | $ | — | | |
OTC Credit Default Swaps
|
| | | | 13,811,390 | | | | | | — | | | | | | 13,811,390 | | | | | | — | | |
Total Other Financial Instruments – Assets
|
| | | $ | 13,998,594 | | | | | $ | — | | | | | $ | 13,998,594 | | | | | $ | — | | |
Other Financial Instruments – Liabilities | | | | | | | | | | | | | | | | | | | | | | | | | |
Options Contracts Written
|
| | | $ | (17,280) | | | | | $ | (17,280) | | | | | $ | — | | | | | $ | — | | |
OTC Total Return Swaps
|
| | | | (156,122) | | | | | | — | | | | | | (156,122) | | | | | | — | | |
Short Sales: | | | | | | | | | | | | | | | | | | | | | | | | | |
Exchange Traded Funds (ETFs)
|
| | | | (28,441,999) | | | | | | (28,441,999) | | | | | | — | | | | | | — | | |
Common Stock
|
| | | | (707,053) | | | | | | (707,053) | | | | | | — | | | | | | — | | |
Total Other Financial Instruments – Liabilities
|
| | | $ | (29,322,454) | | | | | $ | (29,166,332) | | | | | $ | (156,122) | | | | | $ | — | | |
|
| | |
Total Fair Value at
February 29, 2024 |
| |
Unadjusted Quoted
Prices in Active Markets for Identical Investments (Level 1) |
| |
Significant
Observable Inputs (Level 2) |
| |
Significant
Unobservable Inputs (Level 3) |
| ||||||||||||
Destinations Shelter Fund | | ||||||||||||||||||||||||
Investments, at value | | ||||||||||||||||||||||||
Common Stocks
|
| | | $ | 99,064,307 | | | | | $ | 99,064,307 | | | | | $ | — | | | | | $ | — | | |
Purchased Option
|
| | | | 342,485 | | | | | | 342,485 | | | | | | — | | | | | | — | | |
Short-Term Investments:
|
| | | | | | | | | | | | | | | | | | | | | | | | |
Time Deposits
|
| | | | 1,879,059 | | | | | | — | | | | | | 1,879,059 | | | | | | — | | |
Total Investments, at value
|
| | | $ | 101,285,851 | | | | | $ | 99,406,792 | | | | | $ | 1,879,059 | | | | | $ | — | | |
Other Financial Instruments – Liabilities | | | | | | | | | | | | | | | | | | | | | | | | | |
Options Contracts Written
|
| | | $ | (932,568) | | | | | $ | (932,568) | | | | | $ | — | | | | | $ | — | | |
Total Other Financial Instruments – Liabilities
|
| | | $ | (932,568) | | | | | $ | (932,568) | | | | | $ | — | | | | | $ | — | | |
|
| | |
Fair Value at
February 29, 2024 |
| |
Valuation Technique
|
| |
Unobservable Input
|
| |
Range
|
| |
Weighted
Average |
| |||||||||
Destinations Low Duration Fixed Income Fund
|
| | | | | | | | | | | | | | | | | | | | | | | | |
Senior Loans
|
| | | $ | 2,895,327 | | | |
Prior Transaction Analysis
|
| | Transaction Price | | | | | 99.5 | | | | | | 99.5 | | |
Common Stock
|
| | | $ | 617,841 | | | |
Prior Transaction Analysis
|
| | Transaction Price | | | | | 0.17 – 2.25 | | | | | | 2.24 | | |
Corporate Bond
|
| | | $ | 14,186,774 | | | |
Prior Transaction Analysis
|
| | Transaction Price | | | | | 65.00 – 100.00 | | | | | | 86.87 | | |
Total
|
| | | $ | 17,699,942 | | | | | | | | | | | | | | | | | | | | |
Destinations Global Fixed Income Opportunities Fund
|
| | | | | | | | | | | | | | | | | | | | | | | | |
Senior Loans
|
| | | $ | 159,610 | | | |
Prior Transaction Analysis
|
| | Transaction Price | | | | | 16.05 | | | | | | 16.05 | | |
Preferred Stock
|
| | | $ | 491,184 | | | |
Prior Transaction Analysis
|
| | Transaction Price | | | | | 2.4 | | | | | | 2.40 | | |
Common Stock
|
| | | $ | 1,088,247 | | | |
Prior Transaction Analysis
|
| | Transaction Price | | | | | 0.17 – 170.00 | | | | | | 154.78 | | |
Common Stock
|
| | | $ | 2,806,368 | | | | Market Comparables | | |
Enterprise Value/EBITDA multiple
|
| | | | 2.86X | | | | | | 2.86X | | |
Corporate Bond
|
| | | $ | 12,278,087 | | | |
Prior Transaction Analysis
|
| | Transaction Price | | | | | 57.00 – 100.00 | | | | | | 85.90 | | |
Total
|
| | | $ | 16,823,495 | | | | | | | | | | | | | | | | | | | | |
| | |
Total
|
| |
Common
Stocks |
| |
Corporate
Bonds & Notes |
| |
Preferred
Stocks |
| |
Rights
|
| |
Senior
Loans |
| |
Warrants
|
| |
Short
Terms |
| ||||||||||||||||||||||||
Destinations Large Cap Equity Fund | | ||||||||||||||||||||||||||||||||||||||||||||||||
Balance as of February 28, 2023
|
| | | $ | 14,872,011 | | | | | $ | 4,999,974 | | | | | $ | — | | | | | $ | 9,872,037 | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | |
Purchases
|
| | | | 1,875,134 | | | | | | 1,875,134 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
(Sales/Paydowns)
|
| | | | (2,186,047) | | | | | | (1,209,686) | | | | | | — | | | | | | (976,361) | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Total realized gain (loss)
|
| | | | (790,842) | | | | | | (790,842) | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Change in unrealized appreciation
(depreciation) |
| | | | (890,691) | | | | | | 181,838 | | | | | | — | | | | | | (1,072,529) | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Transfers In
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Transfers Out
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Balance as of February 29, 2024
|
| | | $ | 12,879,565 | | | | | $ | 4,283,528 | | | | | $ | — | | | | | $ | 7,823,147 | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | |
Change in unrealized appreciation (depreciation) from
Investments held as of February 29, 2024 |
| | | $ | (1,781,817) | | | | | $ | (543,708) | | | | | $ | — | | | | | $ | (1,238,109) | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | |
Destinations Small-Mid Cap Equity Fund | | ||||||||||||||||||||||||||||||||||||||||||||||||
Balance as of February 28, 2023
|
| | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | |
Purchases
|
| | | | 139 | | | | | | 139 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
(Sales/Paydowns)
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Total realized gain (loss)
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Change in unrealized appreciation
(depreciation) |
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Transfers In
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Transfers Out
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Balance as of February 29, 2024
|
| | | $ | 139 | | | | | $ | 139 | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | |
Change in unrealized appreciation (depreciation) from
Investments held as of February 29, 2024 |
| | | $ | 139 | | | | | $ | 139 | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | |
Destinations International Equity Fund | | ||||||||||||||||||||||||||||||||||||||||||||||||
Balance as of February 28, 2023
|
| | | $ | 727,361 | | | | | $ | 709,703 | | | | | $ | — | | | | | $ | 17,658 | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | |
Purchases
|
| | | | 3,233,919 | | | | | | 3,232,719 | | | | | | — | | | | | | — | | | | | | 1,200 | | | | | | — | | | | | | — | | | | | | — | | |
(Sales/Paydowns)
|
| | | | (5,834,213) | | | | | | (5,834,213) | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Total realized gain (loss)
|
| | | | (7,357,811) | | | | | | (7,357,811) | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Change in unrealized appreciation
(depreciation) |
| | | | 10,157,498 | | | | | | 10,141,071 | | | | | | — | | | | | | 16,427 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Transfers In
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Transfers Out
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Balance as of February 29, 2024
|
| | | $ | 926,754 | | | | | $ | 891,469 | | | | | $ | — | | | | | $ | 34,085 | | | | | $ | 1,200 | | | | | $ | — | | | | | $ | — | | | | | $ | — | | |
Change in unrealized appreciation (depreciation) from
Investments held as of February 29, 2024 |
| | | $ | 324,423 | | | | | $ | 306,796 | | | | | $ | — | | | | | $ | 16,427 | | | | | $ | 1,200 | | | | | $ | — | | | | | $ | — | | | | | $ | — | | |
Destinations Core Fixed Income Fund | | ||||||||||||||||||||||||||||||||||||||||||||||||
Balance as of February 28, 2023
|
| | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | |
Purchases
|
| | | | 3,913 | | | | | | 3,913 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
(Sales/Paydowns)
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Total realized gain (loss)
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Change in unrealized appreciation
(depreciation) |
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Transfers In
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Transfers Out
|
| | | | (3,913) | | | | | | (3,913) | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Balance as of February 29, 2024
|
| | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | |
Change in unrealized appreciation (depreciation) from
Investments held as of February 29, 2024 |
| | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | |
| | |
Total
|
| |
Common
Stocks |
| |
Corporate
Bonds & Notes |
| |
Preferred
Stocks |
| |
Rights
|
| |
Senior
Loans |
| |
Warrants
|
| |
Short
Terms |
| ||||||||||||||||||||||||
Destinations Low Duration Fixed Income Fund | | ||||||||||||||||||||||||||||||||||||||||||||||||
Balance as of February 28, 2023
|
| | | $ | 15,412,115 | | | | | $ | 341,066 | | | | | $ | 15,064,325 | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 6,724 | | | | | $ | — | | |
Purchases
|
| | | | 1,513,604 | | | | | | — | | | | | | 44,973 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 1,468,631 | | |
(Sales/Paydowns)
|
| | | | (1,734,774) | | | | | | — | | | | | | (1,734,774) | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Total realized gain (loss)
|
| | | | 4,983 | | | | | | — | | | | | | 4,983 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Change in unrealized appreciation
(depreciation) |
| | | | (391,313) | | | | | | 276,775 | | | | | | (661,194) | | | | | | — | | | | | | — | | | | | | — | | | | | | (6,724) | | | | | | (170) | | |
Transfers In
|
| | | | 2,895,327 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 2,895,327 | | | | | | — | | | | | | — | | |
Transfers Out
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Balance as of February 29, 2024
|
| | | $ | 17,699,942 | | | | | $ | 617,841 | | | | | $ | 12,718,313 | | | | | $ | — | | | | | $ | — | | | | | $ | 2,895,327 | | | | | $ | —* | | | | | $ | 1,468,461 | | |
Change in unrealized appreciation (depreciation) from
Investments held as of February 29, 2024 |
| | | $ | (358,754) | | | | | $ | 341,670 | | | | | $ | (700,254) | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | (170) | | |
Destinations Global Fixed Income Opportunities Fund | | ||||||||||||||||||||||||||||||||||||||||||||||||
Balance as of February 28, 2023
|
| | | $ | 15,902,865 | | | | | $ | 3,915,313 | | | | | $ | 9,271,370 | | | | | $ | — | | | | | $ | — | | | | | $ | 2,682,508 | | | | | $ | 33,674* | | | | | $ | — | | |
Purchases
|
| | | | 5,004,305 | | | | | | 964,028 | | | | | | 1,527,029 | | | | | | 429,786 | | | | | | — | | | | | | 84,832 | | | | | | — | | | | | | 1,998,630 | | |
(Sales/Paydowns)
|
| | | | (2,209,548) | | | | | | (165,442) | | | | | | — | | | | | | — | | | | | | — | | | | | | (2,044,106) | | | | | | — | | | | | | — | | |
Total realized gain (loss)
|
| | | | 67,838 | | | | | | 65,745 | | | | | | — | | | | | | — | | | | | | — | | | | | | 2,093 | | | | | | — | | | | | | — | | |
Accrued discounts/(premiums)
|
| | | | 167,083 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 167,083 | | |
Change in unrealized appreciation
(depreciation) |
| | | | (2,109,048) | | | | | | (885,029) | | | | | | (685,436) | | | | | | 61,398 | | | | | | — | | | | | | (565,717) | | | | | | (33,674) | | | | | | (590) | | |
Transfers In
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Transfers Out
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Balance as of February 29, 2024
|
| | | $ | 16,823,495 | | | | | $ | 3,894,615 | | | | | $ | 10,112,963 | | | | | $ | 491,184 | | | | | $ | — | | | | | $ | 159,610 | | | | | $ | —* | | | | | $ | 2,165,123 | | |
Change in unrealized appreciation (depreciation) from
Investments held as of February 29, 2024 |
| | | $ | (1,906,314) | | | | | $ | (719,091) | | | | | $ | (685,436) | | | | | $ | 61,398 | | | | | $ | — | | | | | $ | (562,595) | | | | | $ | — | | | | | $ | (590) | | |
Location
|
| |
Interest
rate risk |
| |
Foreign
exchange risk |
| |
Credit
risk |
| |
Equity
risk |
| |
Total
|
| |||||||||||||||
Asset derivatives | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Unrealized appreciation on open futures contracts(a)
|
| | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 190,138 | | | | | $ | 190,138 | | |
| | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 190,138 | | | | | $ | 190,138 | | |
Location
|
| |
Interest
rate risk |
| |
Foreign
exchange risk |
| |
Credit
risk |
| |
Equity
risk |
| |
Total
|
| |||||||||||||||
Realized gain/(loss) on derivatives recognized in income(b) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net realized gain (loss) on futures contracts
|
| | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 456,859 | | | | | $ | 456,859 | | |
| | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 456,859 | | | | | $ | 456,859 | | |
Change in unrealized appreciation (depreciation) on derivatives recognized in income(c)
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net change in unrealized appreciation (depreciation) on futures contracts
|
| | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 167,944 | | | | | $ | 167,944 | | |
| | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 167,944 | | | | | $ | 167,944 | | |
Location
|
| |
Interest
rate risk |
| |
Foreign
exchange risk |
| |
Credit
risk |
| |
Equity
risk |
| |
Total
|
| |||||||||||||||
Asset derivatives | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Unrealized appreciation on open futures contracts(a)
|
| | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 39,730 | | | | | $ | 39,730 | | |
| | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 39,730 | | | | | $ | 39,730 | | |
Location
|
| |
Interest
rate risk |
| |
Foreign
exchange risk |
| |
Credit
risk |
| |
Equity
risk |
| |
Total
|
| |||||||||||||||
Realized gain/(loss) on derivatives recognized in income(b) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net realized gain (loss) on futures contracts
|
| | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 20,325 | | | | | $ | 20,325 | | |
| | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 20,325 | | | | | $ | 20,325 | | |
Change in unrealized appreciation (depreciation) on derivatives recognized in income(c)
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net change in unrealized appreciation (depreciation) on futures contracts
|
| | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 39,730 | | | | | $ | 39,730 | | |
| | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 39,730 | | | | | $ | 39,730 | | |
Location
|
| |
Interest
rate risk |
| |
Foreign
exchange risk |
| |
Credit
risk |
| |
Equity
risk |
| |
Total
|
| |||||||||||||||
Asset derivatives | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Unrealized appreciation on open futures contracts(a)
|
| | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 39,035 | | | | | $ | 39,035 | | |
Unrealized appreciation on swap contracts(d)
|
| | | | — | | | | | | — | | | | | | — | | | | | | 593,121 | | | | | | 593,121 | | |
| | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 632,156 | | | | | $ | 632,156 | | |
Liability derivatives | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Options contracts written outstanding(f)
|
| | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 46,262 | | | | | $ | 46,262 | | |
Unrealized depreciation on swap contracts(d)
|
| | | | — | | | | | | — | | | | | | — | | | | | | 853,513 | | | | | | 853,513 | | |
| | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 899,775 | | | | | $ | 899,775 | | |
Location
|
| |
Interest
rate risk |
| |
Foreign
exchange risk |
| |
Credit
risk |
| |
Equity
risk |
| |
Total
|
| |||||||||||||||
Realized gain/(loss) on derivatives recognized in income(b) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net realized gain (loss) on futures contracts
|
| | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 12,936 | | | | | $ | 12,936 | | |
Net realized gain (loss) on options contracts written
|
| | | | — | | | | | | — | | | | | | — | | | | | | 85,745 | | | | | | 85,745 | | |
Net realized gain (loss) on swap contracts
|
| | | | — | | | | | | — | | | | | | — | | | | | | 1,213,625 | | | | | | 1,213,625 | | |
| | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 1,312,306 | | | | | $ | 1,312,306 | | |
Change in unrealized appreciation (depreciation) on derivatives recognized in income(c)
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net change in unrealized appreciation (depreciation) on futures contracts
|
| | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 39,035 | | | | | | 39,035 | | |
Net change in unrealized appreciation (depreciation) on options contracts written
|
| | | | — | | | | | | — | | | | | | — | | | | | | (12,413) | | | | | | (12,413) | | |
Net change in unrealized appreciation (depreciation) on swap contracts
|
| | | | — | | | | | | — | | | | | | — | | | | | | (260,392) | | | | | | (260,392) | | |
| | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | (233,770) | | | | | $ | (233,770) | | |
Location
|
| |
Interest
rate risk |
| |
Foreign
exchange risk |
| |
Credit
risk |
| |
Equity
risk |
| |
Total
|
| |||||||||||||||
Liability derivatives | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Options contracts written outstanding(f)
|
| | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 16,787 | | | | | $ | 16,787 | | |
| | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 16,787 | | | | | $ | 16,787 | | |
Location
|
| |
Interest
rate risk |
| |
Foreign
exchange risk |
| |
Credit
risk |
| |
Equity
risk |
| |
Total
|
| |||||||||||||||
Realized gain/(loss) on derivatives recognized in income(b) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net realized gain (loss) on options contracts written
|
| | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 177,642 | | | | | $ | 177,642 | | |
| | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 177,642 | | | | | $ | 177,642 | | |
Change in unrealized appreciation (depreciation) on derivatives recognized in income(c)
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net change in unrealized appreciation (depreciation) on options contracts written
|
| | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 7,009 | | | | | $ | 7,009 | | |
| | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 7,009 | | | | | $ | 7,009 | | |
Location
|
| |
Interest
rate risk |
| |
Foreign
exchange risk |
| |
Credit
risk |
| |
Equity
risk |
| |
Total
|
| |||||||||||||||
Asset derivatives | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Unrealized appreciation on open futures contracts(a)
|
| | | $ | 19,902 | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 19,902 | | |
Unrealized appreciation on swap contracts(d)
|
| | | | 712,012 | | | | | | — | | | | | | — | | | | | | — | | | | | | 712,012 | | |
| | | | $ | 731,914 | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 731,914 | | |
Liability derivatives | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Unrealized depreciation on open futures contracts(a)
|
| | | $ | 122,358 | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 122,358 | | |
| | | | $ | 122,358 | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 122,358 | | |
Location
|
| |
Interest
rate risk |
| |
Foreign
exchange risk |
| |
Credit
risk |
| |
Equity
risk |
| |
Total
|
| |||||||||||||||
Realized gain/(loss) on derivatives recognized in income(b) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net realized gain (loss) on futures contracts
|
| | | $ | 2,664,469 | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 2,664,469 | | |
Net realized gain (loss) on swap contracts
|
| | | | (43,030) | | | | | | — | | | | | | 151,175 | | | | | | — | | | | | | 108,145 | | |
| | | | $ | 2,621,439 | | | | | $ | — | | | | | $ | 151,175 | | | | | $ | — | | | | | $ | 2,772,614 | | |
Location
|
| |
Interest
rate risk |
| |
Foreign
exchange risk |
| |
Credit
risk |
| |
Equity
risk |
| |
Total
|
| |||||||||||||||
Change in unrealized appreciation (depreciation) on derivatives recognized in income(c)
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net change in unrealized appreciation (depreciation) on futures contracts
|
| | | $ | (210,112) | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | (210,112) | | |
Net change in unrealized appreciation (depreciation) on swap contracts
|
| | | | 349,238 | | | | | | — | | | | | | 2,016 | | | | | | — | | | | | | 351,254 | | |
| | | | $ | 139,126 | | | | | $ | — | | | | | $ | 2,016 | | | | | $ | — | | | | | $ | 141,142 | | |
Location
|
| |
Interest
rate risk |
| |
Foreign
exchange risk |
| |
Credit
risk |
| |
Equity
risk |
| |
Total
|
| |||||||||||||||
Liabilities derivatives | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Unrealized depreciation on forward currency contracts(g)
|
| | | $ | — | | | | | $ | 76,917 | | | | | $ | — | | | | | $ | — | | | | | $ | 76,917 | | |
| | | | $ | — | | | | | $ | 76,917 | | | | | $ | — | | | | | $ | — | | | | | $ | 76,917 | | |
Location
|
| |
Interest
rate risk |
| |
Foreign
exchange risk |
| |
Credit
risk |
| |
Equity
risk |
| |
Total
|
| |||||||||||||||
Realized gain/(loss) on derivatives recognized in income(h) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net realized gain (loss) on forward currency
contracts |
| | | $ | — | | | | | $ | (810,493) | | | | | $ | — | | | | | $ | — | | | | | $ | (810,493) | | |
| | | | $ | — | | | | | $ | (810,493) | | | | | $ | — | | | | | $ | — | | | | | $ | (810,493) | | |
Change in unrealized appreciation (depreciation) on derivatives recognized in income(c)
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net change in unrealized appreciation (depreciation) on forward currency contracts
|
| | | $ | — | | | | | $ | (650,125) | | | | | $ | — | | | | | $ | — | | | | | $ | (650,125) | | |
| | | | $ | — | | | | | $ | (650,125) | | | | | $ | — | | | | | $ | — | | | | | $ | (650,125) | | |
Location
|
| |
Interest
rate risk |
| |
Foreign
exchange risk |
| |
Credit
risk |
| |
Equity
risk |
| |
Total
|
| |||||||||||||||
Asset derivatives | | | | | | | | | | | | | | | | | | | | | | | | | | | |||||
Unrealized appreciation on forward currency contracts(h)
|
| | | $ | — | | | | | $ | 93,421 | | | | | $ | — | | | | | $ | — | | | | | $ | 93,421 | | |
| | | | $ | — | | | | | $ | 93,421 | | | | | $ | — | | | | | $ | — | | | | | $ | 93,421 | | |
Liability derivatives | | | | | | | | | | | | | | | | | | | | | | | | | | | |||||
Options contracts written outstanding(d)
|
| | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 122,601 | | | | | $ | 122,601 | | |
Unrealized depreciation on forward currency contracts(g)
|
| | | | — | | | | | | 177,078 | | | | | | — | | | | | | — | | | | | | 177,078 | | |
| | | | $ | — | | | | | $ | 177,078 | | | | | $ | — | | | | | $ | 122,601 | | | | | $ | 299,679 | | |
Location
|
| |
Interest
rate risk |
| |
Foreign
exchange risk |
| |
Credit
risk |
| |
Equity
risk |
| |
Total
|
| |||||||||||||||
Realized gain/(loss) on derivatives recognized in income(b) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net realized gain (loss) on purchased options
|
| | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 23,531 | | | | | $ | 23,531 | | |
Net realized gain (loss) on options contracts written
|
| | | | — | | | | | | — | | | | | | — | | | | | | 582,600 | | | | | | 582,600 | | |
Net realized gain (loss) on forward currency
contracts |
| | | | — | | | | | | (355,685) | | | | | | — | | | | | | — | | | | | | (355,685) | | |
| | | | $ | — | | | | | $ | (355,685) | | | | | $ | — | | | | | $ | 606,131 | | | | | $ | 250,446 | | |
Location
|
| |
Interest
rate risk |
| |
Foreign
exchange risk |
| |
Credit
risk |
| |
Equity
risk |
| |
Total
|
| |||||||||||||||
Change in unrealized appreciation (depreciation) on derivatives recognized in income(c)
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net change in unrealized appreciation (depreciation) on options contracts written
|
| | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | (108,555) | | | | | $ | (108,555) | | |
Net change in unrealized appreciation (depreciation) on forward foreign currency contracts
|
| | | | — | | | | | | (503,227) | | | | | | — | | | | | | — | | | | | | (503,227) | | |
| | | | $ | — | | | | | $ | (503,227) | | | | | $ | — | | | | | $ | (108,555) | | | | | $ | (611,782) | | |
|
Location
|
| |
Interest
rate risk |
| |
Foreign
exchange risk |
| |
Credit
risk |
| |
Equity
risk |
| |
Total
|
| |||||||||||||||
Liability derivatives | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Unrealized depreciation on open futures contracts(a)
|
| | | $ | 8,085 | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 8,085 | | |
| | | | $ | 8,085 | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 8,085 | | |
Location
|
| |
Interest
rate risk |
| |
Foreign
exchange risk |
| |
Credit
risk |
| |
Equity
risk |
| |
Total
|
| |||||||||||||||
Realized gain/(loss) on derivatives recognized in income(b) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net realized gain (loss) on futures contracts
|
| | | $ | 76,626 | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 76,626 | | |
| | | | $ | 76,626 | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 76,626 | | |
Change in unrealized appreciation (depreciation) on derivatives recognized in income(c)
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net change in unrealized appreciation (depreciation) on futures contracts
|
| | | $ | (8,085) | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | (8,085) | | |
| | | | $ | (8,085) | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | (8,085) | | |
Location
|
| |
Interest
rate risk |
| |
Foreign
exchange risk |
| |
Credit
risk |
| |
Equity
risk |
| |
Total
|
| |||||||||||||||
Asset derivatives | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Unrealized appreciation on swap contract(d)
|
| | | $ | — | | | | | $ | — | | | | | $ | 13,811,390 | | | | | $ | 187,204 | | | | | $ | 13,998,594 | | |
| | | | $ | — | | | | | $ | — | | | | | $ | 13,811,390 | | | | | $ | 187,204 | | | | | $ | 13,998,594 | | |
Liability derivatives | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Options contracts written outstanding(f)
|
| | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 17,280 | | | | | $ | 17,280 | | |
Unrealized depreciation on swap contracts(e)
|
| | | | — | | | | | | — | | | | | | — | | | | | | 156,122 | | | | | | 156,122 | | |
| | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 173,402 | | | | | $ | 173,402 | | |
Location
|
| |
Interest
rate risk |
| |
Foreign
exchange risk |
| |
Credit
risk |
| |
Equity
risk |
| |
Total
|
| |||||||||||||||
Realized gain/(loss) on derivatives recognized in income(b) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net realized gain (loss) on swap contracts
|
| | | $ | — | | | | | $ | — | | | | | $ | 5,357,500 | | | | | $ | 608,683 | | | | | $ | 5,966,183 | | |
Net realized gain (loss) on purchased options
|
| | | | — | | | | | | — | | | | | | — | | | | | | (606,144) | | | | | | (606,144) | | |
Net realized gain (loss) on option contracts written
|
| | | | — | | | | | | — | | | | | | — | | | | | | 179,323 | | | | | | 179,323 | | |
| | | | $ | — | | | | | $ | — | | | | | $ | 5,357,500 | | | | | $ | 181,862 | | | | | $ | 5,539,362 | | |
Change in unrealized appreciation (depreciation) on derivatives recognized in income(c)
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net change in unrealized appreciation (depreciation) on options contracts written
|
| | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 116,046 | | | | | $ | 116,046 | | |
Net change in unrealized appreciation (depreciation) on swap contracts
|
| | | | — | | | | | | — | | | | | | 8,440,124 | | | | | | 470,899 | | | | | | 8,911,023 | | |
| | | | $ | — | | | | | $ | — | | | | | $ | 8,440,124 | | | | | $ | 586,945 | | | | | $ | 9,027,069 | | |
Location
|
| |
Interest
rate risk |
| |
Foreign
exchange risk |
| |
Credit
risk |
| |
Equity
risk |
| |
Total
|
| |||||||||||||||
Asset derivatives | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Purchased option contracts(i)
|
| | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 342,485 | | | | | $ | 342,485 | | |
| | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 342,485 | | | | | $ | 342,485 | | |
Liability derivatives | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Options contracts written outstanding(d)
|
| | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 932,568 | | | | | $ | 932,568 | | |
| | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 932,568 | | | | | $ | 932,568 | | |
Location
|
| |
Interest
rate risk |
| |
Foreign
exchange risk |
| |
Credit
risk |
| |
Equity
risk |
| |
Total
|
| |||||||||||||||
Realized gain/(loss) on derivatives recognized in income(b) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net realized gain (loss) on purchased options
|
| | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | (4,398,945) | | | | | $ | (4,398,945) | | |
Net realized gain (loss) on options contracts written
|
| | | | — | | | | | | — | | | | | | — | | | | | | (2,568,059) | | | | | | (2,568,059) | | |
| | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | (6,967,004) | | | | | $ | (6,967,004) | | |
Change in unrealized appreciation (depreciation) on derivatives recognized in income(c)
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net change in unrealized appreciation (depreciation) on purchased option contracts
|
| | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 79,405 | | | | | $ | 79,405 | | |
Net change in unrealized appreciation (depreciation) on option contracts written
|
| | | | — | | | | | | — | | | | | | — | | | | | | (889,446) | | | | | | (889,446) | | |
| | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | (810,041) | | | | | $ | (810,041) | | |
| | |
Average notional amounts
|
| |||
Futures contracts
|
| | | $ | 2,624,034(a) | | |
| | |
Average notional amounts
|
| |||
Futures contracts
|
| | | $ | 448,995(b) | | |
| | |
Average notional amounts
|
| |||
Option contracts written
|
| | | $ | 15,440(c) | | |
Futures contracts
|
| | | | 817,164(b) | | |
Swap contracts
|
| | | | 3,903,615(d) | | |
| | |
Average notional amounts
|
| |||
Option contracts written
|
| | | $ | 22,404(c) | | |
| | |
Average notional amounts
|
| |||
Futures contracts
|
| | | $ | 196,502,888 | | |
Swap contracts
|
| | | | 16,687,880 | | |
| | |
Average notional amounts
|
| |||
Forward foreign currency contracts
|
| | | $ | 34,148,014 | | |
| | |
Average notional amounts
|
| |||
Option contracts purchased
|
| | | $ | 51,922(e) | | |
Option contracts written
|
| | | | 176,341 | | |
Forward foreign currency contracts
|
| | | | 44,252,477 | | |
| | |
Average notional amounts
|
| |||
Futures contracts
|
| | | $ | 720,899(f) | | |
| | |
Average notional amounts
|
| |||
Swap contracts
|
| | | $ | 156,083,796 | | |
Option contracts purchased
|
| | | | 529,269(b) | | |
Option contracts written
|
| | | | 115,547(g) | | |
| | |
Average notional amounts
|
| |||
Option contracts purchased
|
| | | $ | 670,287 | | |
Option contracts written.
|
| | | | 1,046,272 | | |
Gross Amounts Not Offset in the Statements of Assets and Liabilities
|
| ||||||||||||||||||||||||
| | |
Gross Asset
Amount Presented in Statements of Assets and Liabilities(a) |
| |
Financial
Instrument |
| |
Collateral
Received(b)(c) |
| |
Net
Amount (Not Less than $0) |
| ||||||||||||
Destinations Large Cap Equity Fund
|
| | | $ | 13,583,326 | | | | | $ | — | | | | | $ | (13,583,326) | | | | | $ | — | | |
Destinations Small-Mid Cap Equity Fund
|
| | | | 4,943,529 | | | | | | — | | | | | | (4,943,529) | | | | | | — | | |
Destinations International Equity Fund
|
| | | | 22,152,142 | | | | | | — | | | | | | (22,152,142) | | | | | | — | | |
Destinations Equity Income Fund
|
| | | | 1,913,168 | | | | | | — | | | | | | (1,913,168) | | | | | | — | | |
Destinations Low Duration Fixed Income Fund
|
| | | | 709,003 | | | | | | — | | | | | | (709,003) | | | | | | — | | |
Destinations Global Fixed Income Opportunities Fund
|
| | | | 349,920 | | | | | | — | | | | | | (349,920) | | | | | | — | | |
Destinations Municipal Fixed Income Fund
|
| | | | 34,847,912 | | | | | | — | | | | | | (34,847,912) | | | | | | — | | |
Destinations Multi Strategy Alternatives Fund
|
| | | | 986,635 | | | | | | — | | | | | | (986,635) | | | | | | — | | |
| | |
Remaining Contractual Maturity of the Agreements
As of February 29, 2024 |
| | | | | | |||||||||||||||||||||||||||||||||||||
| | |
Overnight
and Continuous |
| |
< 30 days
|
| |
Between
30 & 90 days |
| |
> 90 days
|
| |
Total
|
| | | | | | |||||||||||||||||||||||||
Destinations Large Cap Equity Fund
Securities Lending Transactions |
| | | | | | | | | | | | | | | | ||||||||||||||||||||||||||||||
Common Stocks
|
| | | $ | 13,766,400 | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 13,766,400 | | | | | | | | ||||||||||
Total Borrowings
|
| | | $ | 13,766,400 | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 13,766,400 | | | | | | | | ||||||||||
Gross amount of recognized liabilities for securities lending transactions
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | $ | 13,766,400 | | | | | | | | ||||||||||
Destinations Small-Mid Cap Equity Fund
Securities Lending Transactions |
| | | | | | ||||||||||||||||||||||||||||||||||||||||
Common Stocks
|
| | | $ | 5,112,972 | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 5,112,972 | | | | | | | | ||||||||||
Total Borrowings
|
| | | $ | 5,112,972 | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 5,112,972 | | | | | | | | ||||||||||
Gross amount of recognized liabilities for securities lending transactions
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | $ | 5,112,972 | | | | | | | | ||||||||||
Destinations International Equity Fund
Securities Lending Transactions |
| | | | | | ||||||||||||||||||||||||||||||||||||||||
Common Stocks
|
| | | $ | 23,104,558 | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 23,104,558 | | | | | | | | ||||||||||
Total Borrowings
|
| | | $ | 23,104,558 | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 23,104,558 | | | | | | | | ||||||||||
Gross amount of recognized liabilities for securities lending transactions
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | $ | 23,104,558 | | | | | | | | ||||||||||
Destinations Equity Income Fund
Securities Lending Transactions |
| | | | | | ||||||||||||||||||||||||||||||||||||||||
Common Stocks
|
| | | $ | 1,974,600 | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 1,974,600 | | | | | | | | ||||||||||
Total Borrowings
|
| | | $ | 1,974,600 | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 1,974,600 | | | | | | | | ||||||||||
Gross amount of recognized liabilities for securities lending transactions
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | $ | 1,974,600 | | | | | | | | ||||||||||
Destinations Low Duration Fixed Income Fund
Securities Lending Transactions |
| | | | | | ||||||||||||||||||||||||||||||||||||||||
Common Stocks
|
| | | $ | 722,785 | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 722,785 | | | | | | | | ||||||||||
Total Borrowings
|
| | | $ | 722,785 | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 722,785 | | | | | | | | ||||||||||
Gross amount of recognized liabilities for securities lending transactions
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | $ | 722,785 | | | | | | | | ||||||||||
Destinations Global Fixed Income Opportunities
Fund Securities Lending Transactions |
| | | | | | ||||||||||||||||||||||||||||||||||||||||
Common Stocks
|
| | | $ | 392,687 | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 392,687 | | | | | | | | ||||||||||
Total Borrowings
|
| | | $ | 392,687 | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 392,687 | | | | | | | | ||||||||||
Gross amount of recognized liabilities for securities lending transactions
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | $ | 392,687 | | | | | | | | ||||||||||
Destinations Municipal Fixed Income Fund
Securities Lending Transactions |
| | | | | | ||||||||||||||||||||||||||||||||||||||||
Common Stocks
|
| | | $ | 35,528,240 | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 35,528,240 | | | | | | | | ||||||||||
Total Borrowings
|
| | | $ | 35,528,240 | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 35,528,240 | | | | | | | | ||||||||||
Gross amount of recognized liabilities for securities lending transactions
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | $ | 35,528,240 | | | | | | | | ||||||||||
Destinations Multi Strategy Alternatives Fund
Securities Lending Transactions |
| | | | | | ||||||||||||||||||||||||||||||||||||||||
Common Stocks
|
| | | $ | 1,027,144 | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 1,027,144 | | | | | | | |
| | |
Remaining Contractual Maturity of the Agreements
As of February 29, 2024 |
| |||||||||||||||||||||||||||
| | |
Overnight
and Continuous |
| |
< 30 days
|
| |
Between
30 & 90 days |
| |
> 90 days
|
| |
Total
|
| |||||||||||||||
Warrants
|
| | | | 100 | | | | | | — | | | | | | — | | | | | | — | | | | | | 100 | | |
Total Borrowings
|
| | | $ | 1,027,244 | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 1,027,244 | | |
Gross amount of recognized liabilities for securities lending transactions
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | $ | 1,027,244 | | |
|
| | |
Assets
|
| |
Liabilities
|
| ||||||
Derivative Instruments(a)
|
| |
Gross Amounts of
Recognized Assets Presented in the Statements of Assets and Liabilities |
| |
Gross Amounts of
Recognized Liabilities Presented in the Statements of Assets and Liabilities |
| ||||||
Destinations International Equity Fund: | | | | | | | | | | | | | |
Options contracts
|
| | | $ | — | | | | | $ | 46,016 | | |
Swap contracts
|
| | | $ | 593,121 | | | | | $ | 853,513 | | |
Total Derivative Instruments, subject to master netting arrangement or similar arrangement
|
| | | $ | 593,121 | | | | | $ | 899,529 | | |
Destinations Low Duration Fixed Income Fund | | | | | | | | | | | | | |
Forward foreign currency contracts
|
| | | $ | — | | | | | $ | 76,917 | | |
Total Derivative Instruments, subject to master netting arrangement or similar arrangement
|
| | | $ | — | | | | | $ | 76,917 | | |
Destinations Global Fixed Income Opportunities Fund: | | | | | | | | | | | | | |
Forward foreign currency contracts
|
| | | $ | 93,421 | | | | | $ | 177,078 | | |
Options contracts
|
| | | $ | — | | | | | $ | 18,348 | | |
Total Derivative Instruments, subject to master netting arrangement or similar arrangement
|
| | | $ | 93,421 | | | | | $ | 195,426 | | |
Destinations Multi Strategy Alternatives Fund: | | | | | | | | | | | | | |
Swap contracts
|
| | | $ | 13,998,594 | | | | | $ | 156,122 | | |
Total Derivative Instruments, subject to master netting arrangement or similar arrangement
|
| | | $ | 13,998,594 | | | | | $ | 156,122 | | |
Counterparty
|
| |
Gross amounts
of Recognized Assets and presented in the Statements of Assets and Liabilities |
| |
Financial
Instruments Available for Offset(a) |
| |
Other Cash
Collateral(b) |
| |
Net
Amount(c) |
| ||||||||||||
Destinations International Equity Fund | | | | | | | | | | | | | | | | | | | | | | | | | |
Over-the-counter | | | | | | | | | | | | | | | | | | | | | | | | | |
Morgan Stanley Capital Services LLC
|
| | | $ | 593,121 | | | | | $ | (593,121) | | | | | $ | — | | | | | $ | — | | |
Total Over-the-counter derivative instruments
|
| | | $ | 593,121 | | | | | $ | (593,121) | | | | | $ | — | | | | | $ | — | | |
Counterparty
|
| |
Gross amounts
of Recognized Liabilities presented in the Statements of Assets and Liabilities |
| |
Financial
Instruments Available for Offset(d) |
| |
Other Cash
Collateral(b) |
| |
Net
Amount(e) |
| ||||||||||||
Destinations International Equity Fund | | | | | | | | | | | | | | | | | | | | | | | | | |
Over-the-counter | | | | | | | | | | | | | | | | | | | | | | | | | |
JPMorgan Chase & Co.
|
| | | $ | 46,016 | | | | | $ | — | | | | | $ | — | | | | | $ | 46,016 | | |
Morgan Stanley Capital Services LLC
|
| | | $ | 853,513 | | | | | $ | (593,121) | | | | | $ | — | | | | | $ | 260,392 | | |
Total Over-the-counter derivative instruments
|
| | | $ | 899,529 | | | | | $ | (593,121) | | | | | $ | — | | | | | $ | 306,408 | | |
Counterparty
|
| |
Gross amounts
of Recognized Liabilities and presented in the Statements of Assets and Liabilities |
| |
Financial
Instruments Available for Offset(d) |
| |
Other Cash
Collateral(b) |
| |
Net
Amount(e) |
| ||||||||||||
Destinations Low Duration Fixed Income Fund | | | | | | | | | | | | | | | | | | | | | | | | | |
Over-the-counter | | | | | | | | | | | | | | | | | | | | | | | | | |
Brown Brothers Harriman & Co.
|
| | | $ | 76,917 | | | | | $ | — | | | | | $ | — | | | | | $ | 76,917 | | |
Total Over-the-counter derivative instruments
|
| | | $ | 76,917 | | | | | $ | — | | | | | $ | — | | | | | $ | 76,917 | | |
Counterparty
|
| |
Gross amounts
of Recognized Assets presented in the Statements of Assets and Liabilities |
| |
Financial
Instruments Available for Offset(a) |
| |
Other Cash
Collateral(b) |
| |
Net
Amount(c) |
| ||||||||||||
Destinations Global Fixed Income Opportunities Fund
|
| | | | | | | | | | | | | | | | | | | | | | | | |
Over-the-counter | | | | | | | | | | | | | | | | | | | | | | | | | |
Brown Brothers Harriman & Co.
|
| | | $ | 93,421 | | | | | $ | (93,421) | | | | | $ | — | | | | | $ | — | | |
Total Over-the-counter derivative instruments
|
| | | $ | 93,421 | | | | | $ | (93,421) | | | | | $ | — | | | | | $ | — | | |
Counterparty
|
| |
Gross amounts
of Recognized Liabilities presented in the Statements of Assets and Liabilities |
| |
Financial
Instruments Available for Offset(d) |
| |
Other Cash
Collateral(b) |
| |
Net
Amount(e) |
| ||||||||||||
Destinations Global Fixed Income Opportunities Fund
|
| | | | | | | | | | | | | | | | | | | | | | | | |
Over-the-counter | | | | | | | | | | | | | | | | | | | | | | | | | |
Brown Brothers Harriman & Co.
|
| | | $ | 177,078 | | | | | $ | (93,421) | | | | | $ | — | | | | | $ | 83,657 | | |
Raymond James & Associates
|
| | | $ | 18,348 | | | | | $ | — | | | | | $ | — | | | | | $ | 18,348 | | |
Total Over-the-counter derivative instruments
|
| | | $ | 195,426 | | | | | $ | (93,421) | | | | | $ | — | | | | | $ | 102,005 | | |
Counterparty
|
| |
Gross amounts
of Recognized Assets presented in the Statements of Assets and Liabilities |
| |
Financial
Instruments Available for Offset(a) |
| |
Other Cash
Collateral(b) |
| |
Net
Amount(c) |
| ||||||||||||
Destinations Multi Strategy Alternatives Fund: | | | | | | | | | | | | | | | | | | | | | | | | | |
Over-the-counter | | | | | | | | | | | | | | | | | | | | | | | | | |
Goldman Sachs & Co
|
| | | $ | 7,931,844 | | | | | $ | (156,122) | | | | | $ | — | | | | | $ | 7,775,722 | | |
Morgan Stanley Capital Services LLC
|
| | | $ | 6,066,750 | | | | | $ | — | | | | | $ | — | | | | | $ | 6,066,750 | | |
Total Over-the-counter derivative instruments
|
| | | $ | 13,998,594 | | | | | $ | (156,122) | | | | | $ | — | | | | | $ | 13,842,472 | | |
Counterparty
|
| |
Gross amounts
of Recognized Liabilities presented in the Statements of Assets and Liabilities |
| |
Financial
Instruments Available for Offset(d) |
| |
Other Cash
Collateral(b) |
| |
Net
Amount(e) |
| ||||||||||||
Destinations Multi Strategy Alternatives Fund: | | | | | | | | | | | | | | | | | | | | | | | | | |
Over-the-counter | | | | | | | | | | | | | | | | | | | | | | | | | |
Goldman Sachs & Co
|
| | | $ | 156,122 | | | | | $ | (156,122) | | | | | $ | — | | | | | $ | — | | |
Total Over-the-counter derivative instruments
|
| | | $ | 156,122 | | | | | $ | (156,122) | | | | | $ | — | | | | | $ | — | | |
Fund
|
| |
Sub-advisory
Fee |
| |
Brinker
Capital Investments, LLC Fee |
| |
Maximum
Allowable Annual Management Fee |
| |||||||||
Destinations Large Cap Equity Fund
|
| | | | 0.20% | | | | | | 0.39% | | | | | | 0.75% | | |
Destinations Small-Mid Cap Equity Fund
|
| | | | 0.48% | | | | | | 0.39% | | | | | | 0.90% | | |
Destinations International Equity Fund
|
| | | | 0.41% | | | | | | 0.39% | | | | | | 1.00% | | |
Destinations Equity Income Fund
|
| | | | 0.31% | | | | | | 0.39% | | | | | | 0.80% | | |
Destinations Core Fixed Income Fund
|
| | | | 0.18% | | | | | | 0.39% | | | | | | 0.65% | | |
Destinations Low Duration Fixed Income Fund
|
| | | | 0.26% | | | | | | 0.39% | | | | | | 0.70% | | |
Destinations Global Fixed Income Opportunities Fund
|
| | | | 0.32% | | | | | | 0.39% | | | | | | 0.85% | | |
Destinations Municipal Fixed Income Fund
|
| | | | 0.16% | | | | | | 0.39% | | | | | | 0.70% | | |
Destinations Multi Strategy Alternatives Fund
|
| | | | 0.52% | | | | | | 0.39% | | | | | | 1.35% | | |
Destinations Shelter Fund
|
| | | | 0.35% | | | | | | 0.39% | | | | | | 0.85% | | |
Fund
|
| | | | | | |
Destinations Large Cap Equity Fund
|
| | | $ | 6,346,928 | | |
Destinations Small-Mid Cap Equity Fund
|
| | | | 299,962 | | |
Destinations International Equity Fund
|
| | | | 4,804,003 | | |
Destinations Equity Income Fund
|
| | | | 665,940 | | |
Destinations Core Fixed Income Fund
|
| | | | 1,668,338 | | |
Destinations Low Duration Fixed Income Fund
|
| | | | 189,064 | | |
Destinations Global Fixed Income Opportunities Fund
|
| | | | 1,085,313 | | |
Destinations Municipal Fixed Income Fund
|
| | | | 1,360,480 | | |
Destinations Multi Strategy Alternatives Fund
|
| | | | 3,586,098 | | |
Destinations Shelter Fund
|
| | | | 111,003 | | |
Fund
|
| |
Purchases
|
| |
Sales
|
| |
Realized
Gain/(Loss) |
| |||||||||
Destinations Large Cap Equity Fund
|
| | | $ | 7,490,779 | | | | | $ | 1,461,880 | | | | | $ | (15,472) | | |
Destinations International Equity Fund
|
| | | | — | | | | | | 227,078 | | | | | | 153,916 | | |
| | |
Sub-Transfer
Agent Fees |
| |||
Fund
|
| |
Class I
|
| |||
Destinations Large Cap Equity Fund
|
| | | $ | 5,526,197 | | |
Destinations Small-Mid Cap Equity Fund
|
| | | | 1,175,002 | | |
Destinations International Equity Fund
|
| | | | 3,303,583 | | |
Destinations Equity Income Fund
|
| | | | 876,526 | | |
Destinations Core Fixed Income Fund
|
| | | | 2,812,881 | | |
Destinations Low Duration Fixed Income Fund
|
| | | | 570,502 | | |
Destinations Global Fixed Income Opportunities Fund
|
| | | | 1,107,465 | | |
Destinations Municipal Fixed Income Fund
|
| | | | 1,250,088 | | |
Destinations Multi Strategy Alternatives Fund
|
| | | | 1,115,483 | | |
Destinations Shelter Fund
|
| | | | 146,152 | | |
| | |
Investments
|
| |
U.S. Government & Agency
Obligations |
| ||||||||||||||||||
Fund
|
| |
Purchases
|
| |
Sales
|
| |
Purchases
|
| |
Sales
|
| ||||||||||||
Destinations Large Cap Equity Fund
|
| | | $ | 3,829,534,257 | | | | | $ | 5,019,167,393 | | | | | $ | — | | | | | $ | — | | |
Destinations Small-Mid Cap Equity Fund
|
| | | | 983,608,469 | | | | | | 1,360,258,858 | | | | | | — | | | | | | — | | |
Destinations International Equity Fund
|
| | | | 1,829,050,253 | | | | | | 1,610,126,494 | | | | | | — | | | | | | — | | |
Destinations Equity Income Fund
|
| | | | 320,524,906 | | | | | | 470,327,961 | | | | | | — | | | | | | — | | |
Destinations Core Fixed Income Fund
|
| | | | 3,387,894,211 | | | | | | 3,328,484,031 | | | | | | 2,826,080,101 | | | | | | 2,723,813,515 | | |
Destinations Low Duration Fixed Income Fund
|
| | | | 377,862,047 | | | | | | 436,745,224 | | | | | | 63,016,122 | | | | | | 56,112,410 | | |
Destinations Global Fixed Income Opportunities Fund
|
| | | | 716,322,820 | | | | | | 598,331,230 | | | | | | — | | | | | | — | | |
Destinations Municipal Fixed Income Fund
|
| | | | 517,144,757 | | | | | | 481,811,412 | | | | | | — | | | | | | — | | |
Destinations Multi Strategy Alternatives Fund
|
| | | | 436,483,434 | | | | | | 576,861,182 | | | | | | — | | | | | | — | | |
Destinations Shelter Fund
|
| | | | 4,642,220 | | | | | | 30,838,835 | | | | | | — | | | | | | — | | |
| | |
Investments
|
| |
U.S. Government & Agency
Obligations |
| ||||||||||||||||||
Fund
|
| |
Securities
Sold Short |
| |
Covers on
Securities Sold Short |
| |
Securities
Sold Short |
| |
Covers on
Securities Sold Short |
| ||||||||||||
Destinations Large Cap Equity Fund
|
| | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | |
Destinations Small-Mid Cap Equity Fund
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Destinations International Equity Fund
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Destinations Equity Income Fund
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Destinations Core Fixed Income Fund
|
| | | | 444,762,162 | | | | | | 465,820,225 | | | | | | 444,762,162 | | | | | | 465,820,225 | | |
Destinations Low Duration Fixed Income Fund
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Destinations Global Fixed Income Opportunities Fund
|
| | | | 15,872,643 | | | | | | 23,008,368 | | | | | | — | | | | | | — | | |
Destinations Municipal Fixed Income Fund
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Destinations Multi Strategy Alternatives Fund
|
| | | | 77,163,074 | | | | | | 61,134,957 | | | | | | — | | | | | | — | | |
Destinations Shelter Fund
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Fund
|
| |
Aggregate Cost
For Federal Income Tax Purposes |
| |
Gross
Unrealized Appreciation |
| |
Gross
Unrealized (Depreciation) |
| |
Net Unrealized
Appreciation (Depreciation) |
| ||||||||||||
Destinations Large Cap Equity Fund
|
| | | $ | 2,995,376,952 | | | | | $ | 1,306,766,793 | | | | | $ | (66,766,770) | | | | | $ | 1,240,000,023 | | |
Destinations Small-Mid Cap Equity Fund
|
| | | | 694,572,463 | | | | | | 194,868,102 | | | | | | (33,959,907) | | | | | | 160,908,195 | | |
Destinations International Equity Fund
|
| | | | 2,122,302,499 | | | | | | 534,191,903 | | | | | | (197,923,603) | | | | | | 336,268,300 | | |
Destinations Equity Income Fund
|
| | | | 528,062,610 | | | | | | 81,331,396 | | | | | | (27,459,303) | | | | | | 53,872,093 | | |
Destinations Core Fixed Income Fund
|
| | | | 2,282,537,107 | | | | | | 15,250,071 | | | | | | (207,213,271) | | | | | | (191,963,200) | | |
Destinations Low Duration Fixed Income Fund
|
| | | | 437,293,812 | | | | | | 4,755,116 | | | | | | (19,837,142) | | | | | | (15,082,026) | | |
Destinations Global Fixed Income Opportunities Fund
|
| | | | 839,013,624 | | | | | | 19,492,943 | | | | | | (32,984,972) | | | | | | (13,492,029) | | |
Destinations Municipal Fixed Income Fund
|
| | | | 896,156,083 | | | | | | 18,370,400 | | | | | | (25,742,167) | | | | | | (7,371,767) | | |
Destinations Multi Strategy Alternatives Fund
|
| | | | 739,629,551 | | | | | | 63,006,550 | | | | | | (38,370,214) | | | | | | 24,636,336 | | |
Destinations Shelter Fund
|
| | | | 81,541,184 | | | | | | 21,745,257 | | | | | | (4,812,217) | | | | | | 16,933,040 | | |
| | |
Year ended
February 29, 2024 |
| |
Year ended
February 29, 2024 |
| |
Year ended
February 28, 2023 |
| |
Year ended
February 28, 2023 |
| ||||||||||||||||||||||||||||||||||||
| | |
Shares
|
| |
Amount
|
| |
Shares
|
| |
Amount
|
| |
Shares
|
| |
Amount
|
| |
Shares
|
| |
Amount
|
| ||||||||||||||||||||||||
| | |
Class I
|
| |
Class Z
|
| |
Class I
|
| |
Class Z
|
| ||||||||||||||||||||||||||||||||||||
Destinations Large Cap Equity Fund | | | | | | | | | | ||||||||||||||||||||||||||||||||||||||||
Shares sold
|
| | | | 20,808,539 | | | | | $ | 286,723,049 | | | | | | 5,416,970 | | | | | $ | 56,755,104 | | | | | | 39,077,559 | | | | | $ | 504,336,142 | | | | | | 7,716,086 | | | | | $ | 78,471,942 | | |
Shares issued on reinvestment
|
| | | | 11,488,243 | | | | | | 165,545,592 | | | | | | 2,179,876 | | | | | | 23,520,862 | | | | | | 16,834,864 | | | | | | 206,900,479 | | | | | | 2,880,929 | | | | | | 26,936,686 | | |
Shares repurchased
|
| | | | (101,613,670) | | | | | | (1,400,519,989) | | | | | | (13,800,296) | | | | | | (145,033,962) | | | | | | (72,439,471) | | | | | | (938,155,299) | | | | | | (14,821,321) | | | | | | (150,588,094) | | |
Net Decrease
|
| | | | (69,316,888) | | | | | $ | (948,251,348) | | | | | | (6,203,450) | | | | | $ | (64,757,996) | | | | | | (16,527,048) | | | | | $ | (226,918,678) | | | | | | (4,224,306) | | | | | $ | (45,179,466) | | |
Destinations Small-Mid Cap Equity Fund | | | | | | | | | | ||||||||||||||||||||||||||||||||||||||||
Shares sold
|
| | | | 5,841,027 | | | | | $ | 68,314,934 | | | | | | 1,448,952 | | | | | $ | 12,587,190 | | | | | | 11,237,281 | | | | | $ | 133,573,872 | | | | | | 2,313,614 | | | | | $ | 20,629,275 | | |
Shares issued on reinvestment
|
| | | | 161,645 | | | | | | 1,997,933 | | | | | | 49,274 | | | | | | 448,886 | | | | | | 3,059,392 | | | | | | 34,693,512 | | | | | | 530,903 | | | | | | 4,443,660 | | |
Shares repurchased
|
| | | | (34,996,708) | | | | | | (415,794,352) | | | | | | (4,555,819) | | | | | | (40,087,120) | | | | | | (18,811,618) | | | | | | (222,745,216) | | | | | | (4,214,855) | | | | | | (37,594,065) | | |
Net Decrease
|
| | | | (28,994,036) | | | | | $ | (345,481,485) | | | | | | (3,057,593) | | | | | $ | (27,051,044) | | | | | | (4,514,945) | | | | | $ | (54,477,832) | | | | | | (1,370,338) | | | | | $ | (12,521,130) | | |
Destinations International Equity Fund | | | | | | | | | | ||||||||||||||||||||||||||||||||||||||||
Shares sold
|
| | | | 53,323,794 | | | | | $ | 649,062,864 | | | | | | 8,028,186 | | | | | $ | 84,510,718 | | | | | | 19,551,445 | | | | | $ | 228,834,565 | | | | | | 3,692,644 | | | | | $ | 37,882,738 | | |
Shares issued on reinvestment
|
| | | | 3,316,428 | | | | | | 41,455,349 | | | | | | 506,191 | | | | | | 5,441,557 | | | | | | 4,209,879 | | | | | | 47,529,535 | | | | | | 584,941 | | | | | | 5,691,480 | | |
Shares repurchased
|
| | | | (39,395,419) | | | | | | (481,713,480) | | | | | | (4,811,192) | | | | | | (50,854,777) | | | | | | (49,354,347) | | | | | | (574,480,158) | | | | | | (8,133,075) | | | | | | (82,840,187) | | |
Net Increase/(Decrease)
|
| | | | 17,244,803 | | | | | $ | 208,804,733 | | | | | | 3,723,185 | | | | | $ | 39,097,498 | | | | | | (25,593,023) | | | | | $ | (298,116,058) | | | | | | (3,855,490) | | | | | $ | (39,265,969) | | |
Destinations Equity Income Fund | | | | | | | | | | ||||||||||||||||||||||||||||||||||||||||
Shares sold
|
| | | | 4,510,292 | | | | | $ | 50,031,989 | | | | | | 922,167 | | | | | $ | 9,872,253 | | | | | | 25,737,793 | | | | | $ | 297,686,879 | | | | | | 2,937,026 | | | | | $ | 32,837,879 | | |
Shares issued on reinvestment
|
| | | | 2,103,089 | | | | | | 23,306,638 | | | | | | 220,054 | | | | | | 2,353,688 | | | | | | 2,409,636 | | | | | | 27,030,415 | | | | | | 231,029 | | | | | | 2,504,455 | | |
Shares repurchased
|
| | | | (16,519,269) | | | | | | (184,530,150) | | | | | | (1,688,014) | | | | | | (18,181,017) | | | | | | (9,757,706) | | | | | | (111,671,803) | | | | | | (1,498,948) | | | | | | (16,748,275) | | |
Net Increase/(Decrease)
|
| | | | (9,905,888) | | | | | $ | (111,191,523) | | | | | | (545,793) | | | | | $ | (5,955,076) | | | | | | 18,389,723 | | | | | $ | 213,045,491 | | | | | | 1,669,107 | | | | | $ | 18,594,059 | | |
Destinations Core Fixed Income Fund | | | | | | | | | | ||||||||||||||||||||||||||||||||||||||||
Shares sold
|
| | | | 47,840,706 | | | | | $ | 396,772,982 | | | | | | 6,701,055 | | | | | $ | 57,131,151 | | | | | | 47,660,349 | | | | | $ | 403,068,744 | | | | | | 5,953,052 | | | | | $ | 52,229,510 | | |
Shares issued on reinvestment
|
| | | | 7,863,825 | | | | | | 64,729,658 | | | | | | 770,888 | | | | | | 6,529,609 | | | | | | 5,998,067 | | | | | | 51,103,461 | | | | | | 551,597 | | | | | | 4,834,646 | | |
Shares repurchased
|
| | | | (52,136,411) | | | | | | (430,534,637) | | | | | | (4,854,695) | | | | | | (41,242,854) | | | | | | (48,080,051) | | | | | | (411,011,008) | | | | | | (7,233,767) | | | | | | (64,928,010) | | |
Net Increase/(Decrease)
|
| | | | 3,568,120 | | | | | $ | 30,968,003 | | | | | | 2,617,248 | | | | | $ | 22,417,906 | | | | | | 5,578,365 | | | | | $ | 43,161,197 | | | | | | (729,118) | | | | | $ | (7,863,854) | | |
Destinations Low Duration Fixed Income Fund | | | | | | | | | | ||||||||||||||||||||||||||||||||||||||||
Shares sold
|
| | | | 5,769,902 | | | | | $ | 52,955,710 | | | | | | 907,367 | | | | | $ | 8,530,085 | | | | | | 9,653,848 | | | | | $ | 90,253,320 | | | | | | 1,014,252 | | | | | $ | 9,730,784 | | |
Shares issued on reinvestment
|
| | | | 2,488,354 | | | | | | 22,786,422 | | | | | | 213,120 | | | | | | 1,997,960 | | | | | | 2,897,153 | | | | | | 26,746,026 | | | | | | 232,593 | | | | | | 2,197,436 | | |
Shares repurchased
|
| | | | (17,525,233) | | | | | | (160,906,614) | | | | | | (1,521,165) | | | | | | (14,300,102) | | | | | | (19,080,767) | | | | | | (177,476,575) | | | | | | (2,290,856) | | | | | | (21,925,643) | | |
Net Decrease
|
| | | | (9,266,977) | | | | | $ | (85,164,482) | | | | | | (400,678) | | | | | $ | (3,772,057) | | | | | | (6,529,766) | | | | | $ | (60,477,229) | | | | | | (1,044,011) | | | | | $ | (9,997,423) | | |
| | |
Year ended
February 29, 2024 |
| |
Year ended
February 29, 2024 |
| |
Year ended
February 28, 2023 |
| |
Year ended
February 28, 2023 |
| ||||||||||||||||||||||||||||||||||||
| | |
Shares
|
| |
Amount
|
| |
Shares
|
| |
Amount
|
| |
Shares
|
| |
Amount
|
| |
Shares
|
| |
Amount
|
| ||||||||||||||||||||||||
| | |
Class I
|
| |
Class Z
|
| |
Class I
|
| |
Class Z
|
| ||||||||||||||||||||||||||||||||||||
Destinations Global Fixed Income Opportunities Fund
|
| | | | | | | | | ||||||||||||||||||||||||||||||||||||||||
Shares sold
|
| | | | 21,946,417 | | | | | $ | 199,873,987 | | | | | | 2,553,889 | | | | | $ | 23,724,835 | | | | | | 12,916,626 | | | | | $ | 119,399,527 | | | | | | 1,439,540 | | | | | $ | 13,620,653 | | |
Shares issued on reinvestment
|
| | | | 5,194,510 | | | | | | 47,157,667 | | | | | | 451,462 | | | | | | 4,181,788 | | | | | | 3,334,045 | | | | | | 30,612,580 | | | | | | 282,149 | | | | | | 2,640,802 | | |
Shares repurchased
|
| | | | (18,956,308) | | | | | | (172,537,676) | | | | | | (1,739,290) | | | | | | (16,169,276) | | | | | | (15,329,028) | | | | | | (142,145,739) | | | | | | (2,256,124) | | | | | | (21,479,728) | | |
Net Increase/(Decrease)
|
| | | | 8,184,619 | | | | | $ | 74,493,978 | | | | | | 1,266,061 | | | | | $ | 11,737,347 | | | | | | 921,643 | | | | | $ | 7,866,368 | | | | | | (534,435) | | | | | $ | (5,218,273) | | |
Destinations Municipal Fixed Income Fund | | | | | | | | | | ||||||||||||||||||||||||||||||||||||||||
Shares sold
|
| | | | 15,142,832 | | | | | $ | 145,154,183 | | | | | | 1,903,780 | | | | | $ | 18,325,767 | | | | | | 16,852,037 | | | | | $ | 160,539,965 | | | | | | 1,823,148 | | | | | $ | 17,583,000 | | |
Shares issued on reinvestment
|
| | | | 2,471,948 | | | | | | 23,570,961 | | | | | | 142,485 | | | | | | 1,362,933 | | | | | | 1,666,203 | | | | | | 15,945,827 | | | | | | 91,194 | | | | | | 875,610 | | |
Shares repurchased
|
| | | | (19,513,838) | | | | | | (186,573,334) | | | | | | (1,630,232) | | | | | | (15,646,422) | | | | | | (20,798,727) | | | | | | (200,082,715) | | | | | | (1,829,160) | | | | | | (17,658,567) | | |
Net Increase/(Decrease)
|
| | | | (1,899,058) | | | | | $ | (17,848,190) | | | | | | 416,033 | | | | | $ | 4,042,278 | | | | | | (2,280,487) | | | | | $ | (23,596,923) | | | | | | 85,182 | | | | | $ | 800,043 | | |
Destinations Multi Strategy Alternatives Fund | | | | | | | | | | ||||||||||||||||||||||||||||||||||||||||
Shares sold
|
| | | | 10,607,512 | | | | | $ | 108,716,839 | | | | | | 1,369,615 | | | | | $ | 13,692,347 | | | | | | 11,205,219 | | | | | $ | 111,935,599 | | | | | | 1,869,949 | | | | | $ | 18,229,720 | | |
Shares issued on reinvestment
|
| | | | 4,698,355 | | | | | | 48,174,921 | | | | | | 438,795 | | | | | | 4,379,853 | | | | | | 2,936,084 | | | | | | 28,697,347 | | | | | | 273,115 | | | | | | 2,601,205 | | |
Shares repurchased
|
| | | | (28,733,243) | | | | | | (293,670,827) | | | | | | (2,568,181) | | | | | | (25,567,149) | | | | | | (43,921,727) | | | | | | (435,422,534) | | | | | | (5,690,357) | | | | | | (55,202,524) | | |
Net Decrease
|
| | | | (13,427,376) | | | | | $ | (136,779,067) | | | | | | (759,771) | | | | | $ | (7,494,949) | | | | | | (29,780,424) | | | | | $ | (294,789,588) | | | | | | (3,547,293) | | | | | $ | (34,371,599) | | |
Destinations Shelter Fund | | | | | | | | | | ||||||||||||||||||||||||||||||||||||||||
Shares sold
|
| | | | 338,589 | | | | | $ | 3,201,679 | | | | | | 26,559 | | | | | $ | 245,840 | | | | | | 885,864 | | | | | $ | 8,031,819 | | | | | | 32,883 | | | | | $ | 289,310 | | |
Shares issued on reinvestment
|
| | | | 37,998 | | | | | | 361,811 | | | | | | 1,071 | | | | | | 10,084 | | | | | | 56,071 | | | | | | 484,189 | | | | | | 1,335 | | | | | | 11,403 | | |
Shares repurchased
|
| | | | (2,471,021) | | | | | | (23,361,975) | | | | | | (23,821) | | | | | | (229,205) | | | | | | (2,411,278) | | | | | | (21,510,482) | | | | | | (51,981) | | | | | | (461,290) | | |
Net Increase/(Decrease)
|
| | | | (2,094,434) | | | | | $ | (19,798,485) | | | | | | 3,809 | | | | | $ | 26,719 | | | | | | (1,469,343) | | | | | $ | (12,994,474) | | | | | | (17,763) | | | | | $ | (160,577) | | |
|
| | |
Destinations
Large Cap Equity Fund |
| |
Destinations
Small-Mid Cap Equity Fund |
| |
Destinations
International Equity Fund |
| |
Destinations
Equity Income Fund |
| |
Destinations
Core Fixed Income Fund |
| |
Destinations
Low Duration Fixed Income Fund |
| |
Destinations
Global Fixed Income Opportunities Fund |
| |
Destinations
Municipal Fixed Income Fund |
| |
Destinations
Multi Strategy Alternatives Fund |
| |
Destinations
Shelter Fund |
| ||||||||||||||||||||||||||||||
Distributions paid from: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Tax Exempt
|
| | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 25,258,212 | | | | | $ | — | | | | | $ | — | | |
Ordinary Income
|
| | | | 33,568,912 | | | | | | 2,470,100 | | | | | | 47,352,736 | | | | | | 22,986,352 | | | | | | 67,956,082 | | | | | | 25,042,258 | | | | | | 51,894,573 | | | | | | — | | | | | | 53,102,220 | | | | | | 371,896 | | |
Net Long-term Capital Gains
|
| | | | 157,398,902 | | | | | | — | | | | | | — | | | | | | 2,950,982 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Tax Return of Capital
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 4,010,833 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Total Distributions Paid
|
| | | $ | 190,967,814 | | | | | $ | 2,470,100 | | | | | $ | 47,352,736 | | | | | $ | 25,937,334 | | | | | $ | 71,966,915 | | | | | $ | 25,042,258 | | | | | $ | 51,894,573 | | | | | $ | 25,258,212 | | | | | $ | 53,102,220 | | | | | $ | 371,896 | | |
| | |
Destinations
Large Cap Equity Fund |
| |
Destinations
Small-Mid Cap Equity Fund |
| |
Destinations
International Equity Fund |
| |
Destinations
Equity Income Fund |
| |
Destinations
Core Fixed Income Fund |
| |
Destinations
Low Duration Fixed Income Fund |
| |
Destinations
Global Fixed Income Opportunities Fund |
| |
Destinations
Municipal Fixed Income Fund |
| |
Destinations
Multi Strategy Alternatives Fund |
| |
Destinations
Shelter Fund |
| ||||||||||||||||||||||||||||||
Distributions paid from: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Tax Exempt
|
| | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | 17,013,950 | | | | | $ | — | | | | | $ | — | | |
Ordinary Income
|
| | | | 62,021,953 | | | | | | 761,899 | | | | | | 34,855,558 | | | | | | 17,933,021 | | | | | | 56,447,015 | | | | | | 29,207,798 | | | | | | 33,581,400 | | | | | | 630 | | | | | | 29,052,394 | | | | | | 366,567 | | |
Net Long-term Capital Gains
|
| | | | 174,017,326 | | | | | | 38,704,133 | | | | | | 18,865,286 | | | | | | 11,916,027 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 2,538,250 | | | | | | 129,026 | | |
Total Distributions Paid.
|
| | | $ | 236,039,279 | | | | | $ | 39,466,032 | | | | | $ | 53,720,844 | | | | | $ | 29,849,048 | | | | | $ | 56,447,015 | | | | | $ | 29,207,798 | | | | | $ | 33,581,400 | | | | | $ | 17,014,580 | | | | | $ | 31,590,644 | | | | | $ | 495,593 | | |
| | |
Destinations
Large Cap Equity Fund |
| |
Destinations
Small-Mid Cap Equity Fund |
| |
Destinations
International Equity Fund |
| |
Destinations
Equity Income Fund |
| |
Destinations
Core Fixed Income Fund |
| |
Destinations
Low Duration Fixed Income Fund |
| |
Destinations
Global Fixed Income Opportunities Fund |
| |
Destinations
Municipal Fixed Income Fund |
| |
Destinations
Multi Strategy Alternatives Fund |
| |
Destinations
Shelter Fund |
| ||||||||||||||||||||||||||||||
Undistributed ordinary income – net
|
| | | $ | 1,991,579 | | | | | $ | 5,926,295 | | | | | $ | 7,114,387 | | | | | $ | 1,798,145 | | | | | $ | — | | | | | $ | 2,172,577 | | | | | $ | 4,882,868 | | | | | $ | — | | | | | $ | 14,640,556 | | | | | $ | 171,309 | | |
Undistributed long-term capital gains – net
|
| | | | 236,935,662 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Undistributed tax-exempt income – net
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 1,269,132 | | | | | | — | | | | | | — | | |
Total Undistributed earnings
|
| | | | 238,927,241 | | | | | | 5,926,295 | | | | | | 7,114,387 | | | | | | 1,798,145 | | | | | | — | | | | | | 2,172,577 | | | | | | 4,882,868 | | | | | | 1,269,132 | | | | | | 14,640,556 | | | | | | 171,309 | | |
Capital Loss Carryforward
|
| | | | — | | | | | | (2,513,320) | | | | | | (80,140,841) | | | | | | (11,914,438) | | | | | | (200,619,333) | | | | | | (18,386,925) | | | | | | (48,163,921) | | | | | | (26,591,508) | | | | | | (11,441,905) | | | | | | (13,760,459) | | |
Current Year Late Year Loss Deferral
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Unrealized appreciation (depreciation)(a)
|
| | | | 1,240,001,084 | | | | | | 160,908,197 | | | | | | 331,450,847 | | | | | | 53,868,187 | | | | | | (191,963,200) | | | | | | (15,083,348) | | | | | | (13,504,929) | | | | | | (7,371,766) | | | | | | 24,636,336 | | | | | | 16,933,040 | | |
Total accumulated earnings/(losses) – net
|
| | | $ | 1,478,928,325 | | | | | $ | 164,321,172 | | | | | $ | 258,424,393 | | | | | $ | 43,751,894 | | | | | $ | (392,582,533) | | | | | $ | (31,297,696) | | | | | $ | (56,785,982) | | | | | $ | (32,694,142) | | | | | $ | 27,834,987 | | | | | $ | 3,343,890 | | |
| | |
Total
distributable earnings (losses) |
| |
Paid-in capital
|
| ||||||
Destinations Municipal Fixed Income Fund
|
| | | | 4,010,833 | | | | | | (4,010,833) | | |
Year of Expiration
|
| |
Destinations
Large Cap Equity Fund |
| |
Destinations
Small-Mid Cap Equity Fund |
| |
Destinations
International Equity Fund |
| |
Destinations
Equity Income Fund |
| |
Destinations
Core Fixed Income Fund |
| |
Destinations
Low Duration Fixed Income Fund |
| |
Destinations
Global Fixed Income Opportunities Fund |
| |
Destinations
Municipal Fixed Income Fund |
| |
Destinations
Multi Strategy Alternatives Fund |
| |
Destinations
Shelter Fund |
| ||||||||||||||||||||||||||||||
Short-Term
|
| | | $ | — | | | | | $ | 2,513,320 | | | | | $ | 80,140,841 | | | | | $ | — | | | | | $ | (100,970,570) | | | | | $ | 7,959,581 | | | | | $ | 3,511,470 | | | | | $ | 7,846,769 | | | | | $ | — | | | | | $ | 5,953,421 | | |
Long-Term .
|
| | | | — | | | | | | — | | | | | | — | | | | | | 11,914,438 | | | | | | 99,648,763 | | | | | | 10,427,344 | | | | | | 44,652,451 | | | | | | 18,744,739 | | | | | | 11,441,905 | | | | | | 7,807,038 | | |
| | | | $ | — | | | | | $ | 2,513,320 | | | | | $ | 80,140,841 | | | | | $ | 11,914,438 | | | | | $ | (200,619,333) | | | | | $ | 18,386,925 | | | | | $ | 48,163,921 | | | | | $ | 26,591,508 | | | | | $ | 11,441,905 | | | | | $ | 13,760,459 | | |
|
|
| |
KPMG LLP
1601 Market Street Philadelphia, PA 19103-2499 |
|
Name, Address and Date of Birth |
| |
Position(s)
Held with Trust |
| |
Term of
Office and Length of Time Served* |
| |
Principal
Occupation(s) During Past Five Years |
| |
Number of
Funds in Fund Complex Overseen By Trustee |
| |
Other Board
Memberships Held During Past Five Years by Trustee |
|
INDEPENDENT TRUSTEES* | | |||||||||||||||
J. Scott Coleman, CFA
Birth Year: 1960
|
| | Trustee | | | Since 2017 | | |
President and Managing Partner of Woodland Park Consulting, LLC since 2017. President and CEO of Optimum Fund Trust from 2011 to 2015. President of Delaware Distributors from 2008 to 2015. Executive Vice President, Head of Distribution and Marketing, Delaware Investments 2008 to 2015. In addition, Head of Macquarie Investment Management EMEA Distribution from 2012 to 2015. Managing Director at Goldman Sachs & Co. from 2001 to 2008.
|
| |
10
|
| |
Osterweis Capital Management since May 2022; Optimum Fund Trust from 2011 to 2015.
|
|
Name, Address and Date of Birth |
| |
Position(s)
Held with Trust |
| |
Term of
Office and Length of Time Served* |
| |
Principal
Occupation(s) During Past Five Years |
| |
Number of
Funds in Fund Complex Overseen By Trustee |
| |
Other Board
Memberships Held During Past Five Years by Trustee |
|
Nicholas Marsini, Jr.
Birth Year: 1955
|
| |
Trustee, Chair of Audit Committee
|
| | Since 2017 | | |
Retired since 2016. Regional President of PNC Delaware from 2011 to 2016. Executive Vice President and Chief Financial Officer of PNC Global Investment Servicing from 1997 to 2010.
|
| |
10
|
| |
FundVantage Trust, Third Avenue Trust, Third Avenue Variable Series Trust.
|
|
Gregory E. McGowan
Birth Year: 1949
|
| | Trustee | | | Since 2017 | | |
President and CEO, GEMPENN Global Consultancy, Inc. since 2016. Senior Strategic Advisor, Franklin Templeton Investments in 2016. Executive Vice President, Director and General Counsel of Templeton International, Inc. from 1992 to 2016. Executive Vice President, Secretary and General Counsel of Templeton Global Advisors Limited (a Bahamian corporation) from 1992 to 2016.
|
| |
10
|
| |
Lifestar Holdings (Formerly Global Capital PLC a Malta Public Company), Franklin Templeton Sealand Fund Management Co. Ltd., China Life Franklin Asset Management Company Limited, Templeton Investment Counsel LLC, Franklin Templeton Trustee Services Private Limited (India), Franklin Templeton International Services S.A. (Luxembourg), Franklin Templeton Investments (Asia) Limited, Franklin Templeton Investments Japan Ltd., Templeton Asset Management Ltd. (Singapore), Franklin Templeton Holding Limited (Mauritius), Franklin Templeton Investment Services
Mexico, S. de R. L., Templeton Global Growth Fund Ltd (Australia), Franklin Liberty Shares ICAV (Ireland), Franklin Emerging Markets Debt Fund PLC (Ireland), Franklin Floating Rate Fund PLC (Ireland).
|
|
INTERESTED TRUSTEES* | | |||||||||||||||
Joseph V. Del Raso**
Birth Year: 1952
|
| | Trustee | | |
Since 2017 (Chair of the Board until April 1, 2018).
|
| |
Partner at Troutman Pepper Hamilton LLP (law firm) since 1998.
|
| |
10
|
| |
Lifestar Holdings (Formerly Global Capital PLC a Malta Public Company).
|
|
Name, Address and Date of Birth |
| |
Position(s)
Held with Trust |
| |
Term of
Office and Length of Time Served* |
| |
Principal
Occupation(s) During Past Five Years |
| |
Number of
Funds in Fund Complex Overseen By Trustee |
| |
Other Board
Memberships Held During Past Five Years by Trustee |
|
Noreen D. Beaman
Birth Year: 1964
|
| |
Chair of the Board of Trustees and Chief Executive Officer
|
| | Since 2018 | | |
President of Brinker Capital Investments, LLC from 2020 until 2022. Chief Executive Officer of Brinker Capital, Inc. from 2012 to 2020. President of Brinker Capital Holdings, LLC from 2020 to 2022. President and CEO of Brinker Capital Securities, LLC from 2020 to 2022. President of Orion Advisor Solutions, Inc. from 2021 to 2022 (EVP in 2020). President of Orion Advisor Technology, LLC from 2021 to 2022 (EVP in 2020). President of Orion Portfolio Solutions, LLC from 2021 to 2022.
|
| |
10
|
| |
Board of Directors/Managers for following entities since 2020 and Vice Chair since February 2022: GT Polaris GP, LLC, GT Polaris Holdings, Inc., GT Polaris Midco, Inc., Orion Advisor Solutions, Inc. MMI Executive Committee since 2021; MMI Board of Governors (2020-2021); MMI Leadership Pathway (2016 to 2020); Envestnet Institute Women In Wealth (2017 to 2020); St. Peter’s University Board of Trustees and Chair of Investment Committee of St. Peter’s University since 2021; St. Peter’s University Board of Trustees (2014 to 2017).
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Name, Address and Date of Birth
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Position(s)
Held with Trust |
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Term of
Office and Length of Time Served |
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Principal
Occupation(s) During Past Five Years |
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OFFICERS*** | | | | | | | | | | |
Brian Ferko
Birth Year: 1971
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| | President & Chief Operating Officer | | | Since March 2024 and September 2023, respectively | | | Chief Compliance Officer of Brinker Capital Trust from 2017 to 2024; Compliance Officer of Brinker Capital Investments from 2015 to 2023; Chief Compliance Officer of Brinker Capital Investments, LLC contracted through Cipperman Compliance Services from 2010 to 2015; Chief Operating Officer of Cipperman Compliance Services from 2012 to 2015. | |
Kevin Fustos
Birth Year: 1970
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| | Chief Financial Officer & Treasurer | | | Since December 2020 | | | Vice President of Financial Planning and Analysis, Orion Advisor Solutions, since 2016; Omaha Public Power District from 2004 to 2016. | |
Peter Townsend
Birth Year: 1977
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| | Chief Compliance Officer, Anti- Money Laundering Officer & Secretary | | | Since March 2024 and January 2017, respectively | | | Deputy Funds Chief Compliance Officer of Brinker Capital Investments, since 2017; Deputy Chief Compliance Officer of the Trust from 2017-2024; Director of Compliance of Penn Capital Management Company, Inc. from 2015 to 2017; Director of Compliance of Cipperman Compliance Services from 2013 to 2015; Associate of J.P. Morgan Chase & Co. from 2008 to 2013. | |
Name, Address and Date of Birth
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Position(s)
Held with Trust |
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Term of
Office and Length of Time Served |
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Principal
Occupation(s) During Past Five Years |
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Kylee Beach
Birth Year: 1984
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| | Assistant Secretary | | | Since March 2024 | | | General Counsel and Secretary of Orion Advisor Solutions Inc. since 2019; President of the Trust from 2022-2024; Orion Advisor Technology, LLC since 2014; Brinker Capital Investments, LLC since 2020 and also General Counsel for CLS Investments, LLC, now part of Brinker Capital Investments, LLC since 2014; GT Polaris Holdings, Inc. since 2020; GT Polaris Midco, Inc. since 2020; Brinker Capital Securities, LLC since 2020; Advizr, Inc. since 2019; Orion Portfolio Solutions, LLC since 2018; BasisCode Compliance, LLC since 2021; Redtail Technology, Inc. since 2022; TownSquare Capital, LLC since 2022; Associate General Counsel of NorthStar Financial Services Group LLC from 2012 to 2018. | |
Timothy Holland, CFA
Birth Year: 1969
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| | Investment Officer | | |
Since June
2017
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| | Chief Investment Officer of TownSquare Capital, LLC, an Orion Company, since 2023; Chief Investment Officer of Brinker Capital Investments, LLC from 2020 to 2023; Senior Vice President and Global Investment Strategist of Brinker Capital Investments, LLC from 2017 to 2020; Co-Head US Sub Advisory of Pictet Asset Management in 2016; Portfolio Manager and Partner of TAMRO Capital Partners from 2005 to 2016. | |
Rusty Vanneman, CFA, CMT, BFA
Birth Year: 1965
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| | Investment Officer | | |
Since June
2023
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| | Chief Investment Officer and a Senior Portfolio Manager at Brinker Capital Investments since 2023; Chief Investment Strategist at Brinker Capital Investments from 2020 to 2023; Chief Investment Officer at Brinker Capital Investments from 2019-2020; President at CLS Investments LLC from 2018-2019; Chief Investment Officer at CLS Investments LLC from 2012-2019. | |
Name, Address and Date of Birth
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Position(s)
Held with Trust |
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Term of
Office and Length of Time Served |
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Principal
Occupation(s) During Past Five Years |
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Brian Storey, CFA
Birth Year: 1974
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| | Investment Officer | | | Since June 2022 | | | Deputy Chief Investment Officer — Destinations Portfolios at Brinker Capital Investments since 2023; Senior Portfolio Manager at Brinker Capital Investments since 2022; Senior Vice President and Senior Portfolio Manager at First Citizens Bank & Trust from 2016 to 2021; Portfolio Manager and Senior Research Analyst at First Citizens Bank & Trust from 2010 to 2016. | |
Patrick Amerson
Birth Year: 1994
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| | Investment Officer | | | Since December 2021 | | | Investment Analyst at Brinker Capital Investments since 2021; Client Service Representative at Brinker Capital Investments, LLC from 2019 to 2021; Operations Associate at Brinker Capital Investments, LLC from 2017-2019. | |
Andrew Goins, CFA
Birth Year: 1984
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| | Investment Officer | | | Since June 2023 | | | Senior Portfolio Manager at Brinker Capital Investments since 2023; Director of SMA and Mutual Fund Due Diligence at Brinker Capital Investments from 2021 to 2023; Investment Manager at Brinker Capital Investments from 2015 to 2021. | |
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Destinations
Large Cap Equity Fund |
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Destinations
Small-Mid Cap Equity Fund |
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Destinations
International Equity Fund |
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Destinations
Equity Income Fund |
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Destinations
Core Fixed Income Fund |
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Ordinary Income: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Qualified Dividend Income for Individuals
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| | | | 95.72% | | | | | | 100.00% | | | | | | 93.63% | | | | | | 100.00% | | | | | | — | | |
Dividends Qualifying for the Dividends Received
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| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Deduction for Corporations
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| | | | 83.25% | | | | | | 100.00% | | | | | | 0.63% | | | | | | 51.68% | | | | | | — | | |
Foreign Taxes Paid
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| | | | — | | | | | | — | | | | | $ | 7,090,083 | | | | | | — | | | | | | — | | |
Foreign Source Income
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| | | | — | | | | | | — | | | | | $ | 65,148,314 | | | | | | — | | | | | | — | | |
Foreign Tax Paid Per Share
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| | | | — | | | | | | — | | | | | | 0.04 | | | | | | — | | | | | | — | | |
Foreign Source Income Per Share
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| | | | — | | | | | | — | | | | | | 0.33 | | | | | | — | | | | | | — | | |
Long-Term Capital Gain Dividend
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| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
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Destinations
Low Duration Fixed Income Fund |
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Destinations
Global Fixed Income Opportunities Fund |
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Destinations
Municipal Fixed Income Fund |
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Destinations
Multi Strategy Alternatives Fund |
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Destinations
Shelter Fund |
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Ordinary Income: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Qualified Dividend Income for Individuals
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| | | | — | | | | | | — | | | | | | — | | | | | | 5.01% | | | | | | 100.00% | | |
Dividends Qualifying for the Dividends Received
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| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Deduction for Corporations
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| | | | — | | | | | | — | | | | | | — | | | | | | 5.01% | | | | | | 100.00% | | |
Interest from Tax-Exempt Obligations
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| | | | — | | | | | | — | | | | | | 100.00% | | | | | | — | | | | | | — | | |
Long-Term Capital Gain Dividend
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| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
(b) | Include a copy of each notice transmitted to stockholders in reliance on Rule 30e-3 under the Act (17 CFR 270.30e-3) that contains disclosures specified by paragraph (c)(3) of that rule. |
Not applicable.
ITEM 2. CODE OF ETHICS.
As of the period ended February 29, 2024 (“Reporting Period”), the Registrant has adopted a code of ethics (“Code”) that applies to the Registrant’s principal executive officer, principal financial officer, principal accounting officer or controller, or persons performing similar functions, regardless of whether these individuals are employed by the Registrant or a third party. The Registrant has not amended any provision in its Code that relates to an element of the Code’s definitions enumerated in paragraph (b) of Item 2 of this Form N-CSR. A copy of this Code is filed as an Exhibit to this Form N-CSR pursuant to Item 13(a)(1). The Registrant has not granted any waiver, including any implicit waiver, from a provision of its Code to the Registrant’s principal executive officer, principal financial officer, principal accounting officer or controller, or persons performing similar functions, regardless of whether these individuals are employed by the Registrant or a third party.
ITEM 3. AUDIT COMMITTEE FINANCIAL EXPERT.
The Board of Trustees of the Registrant has determined that Nicholas Marsini Jr. possesses the attributes identified in Instruction (b) of Item 3 to Form N-CSR to qualify as an “audit committee financial expert,” and has designated Mr. Marsini as the Registrant’s audit committee financial expert. Mr. Marsini is an “independent” Trustee pursuant to paragraph (a)(2) of Item 3 to Form N-CSR.
ITEM 4. PRINCIPAL ACCOUNTANT FEES AND SERVICES.
AUDIT FEES –
(a) Audit Fees. The aggregate fees billed for each of the last two fiscal years ended February 29, 2024 and February 28, 2023 for professional services rendered by the Registrant’s principal accountant (“Auditor”) for the audit of the Registrant’s annual financial statements, or services that are normally provided by the Auditor in connection with the statutory and regulatory filings or engagements for each of the last two fiscal years, were $366,550 in 2024 and $350,000 in 2023.
(b) Audit-Related Fees. The aggregate fees billed for each of the last two fiscal years ended February 29, 2024 and February 28, 2023, for assurance and related services by the Auditor that were reasonably related to the performance of the audit of the Registrant’s financial statements and were not reported under paragraph (a) of this Item 4, were $0 in 2024 and $0 in 2023.
(c) Tax Fees. The aggregate fees billed for each of the last two fiscal years ended February 29, 2024 and February 28, 2023, for professional services rendered by the Auditor for tax compliance, tax advice and tax planning (“Tax Services”) were $52,500 in 2024 and $50,000 in 2023. These services consisted of (i) review or preparation of U.S. federal, state, local and excise tax returns; (ii) U.S. federal, state and local tax planning, advice and assistance regarding statutory, regulatory or administrative developments, and (iii) tax advice regarding tax qualification matters and/or treatment of various financial instruments held or proposed to be acquired or held.
(d) All Other Fees. The aggregate fees billed for each of the last two fiscal years ended February 29, 2024 and February 28, 2023, for products and services provided by the Auditor to the Registrant, other than the services reported in paragraphs (a) through (c) of this Item 4, were $0 for 2024 and $0 for 2023.
(e)(1) The Charter for the Audit Committee (“Committee”) of the Brinker Capital Destinations Trust provides that the Committee may pre-approve all audit and permitted non-audit services the independent auditor provides to a Fund, and all services that the independent auditor provides to the Fund’s investment adviser(s) and advisory affiliates (whether or not directly related to the Fund’s operations and financial reporting); except that (a) services provided to a sub-adviser whose role is primarily portfolio management and is sub-contracted or overseen by another investment adviser, and (b) de minimis non-audit services, shall not require pre-approval.
(e)(2) The percentage of services described in each of paragraphs (b) through (d) of this Item that were approved by the audit committee pursuant to paragraph (c)(7)(i)(c) of Rule 2-01 of Regulation S-X, with respect to: Audit-Related Fees were 0% for 2024 and 0% for 2023; Tax Fees were 0% for 2024 and 0% for 2023; and Other Fees were 0% for 2024 and 0% for 2023.
(f) Not Applicable.
(g) Aggregate non-audit fees billed by the Auditor for services rendered to the Registrant and the Registrant’s investment adviser (not including any sub-adviser whose role is primarily portfolio management as is subcontracted with or overseen by another investment adviser), and any entity controlling, controlled by, or under common control with the adviser that provides ongoing services to the Registrant for each of the last two fiscal years of the Registrant (“Service Affiliates”) were $0 for 2024 and $0 for 2023.
(h) The Registrant’s Audit Committee has considered whether the provision of non-audit services that were rendered to Service Affiliates that were not pre-approved pursuant to paragraph (c)(7)(ii) of Rule 2-01 of Regulation S-X is compatible with maintaining the Auditor’s independence.
(i) A registrant identified by the Commission pursuant to Section 104(i)(2)(A) of the Sarbanes-Oxley Act of 2002 (15 U.S.C. 7214(i)(2)(A)), as having retained, for the preparation of the audit report on its financial statements included in the Form N-CSR, a registered public accounting firm that has a branch or office that is located in a foreign jurisdiction and that the Public Company Accounting Oversight Board has determined it is unable to inspect or investigate completely because of a position taken by an authority in the foreign jurisdiction must electronically submit to the Commission on a supplemental basis documentation that establishes that the registrant is not owned or controlled by a governmental entity in the foreign jurisdiction. The registrant must submit this documentation on or before the due date for this form. A registrant that is owned or controlled by a foreign governmental entity is not required to submit such documentation.
Not Applicable.
(j) A registrant that is a foreign issuer, as defined in 17 CFR 240.3b-4, identified by the Commission pursuant to Section 104(i)(2)(A) of the Sarbanes-Oxley Act of 2002 (15 U.S.C. 7214(i)(2)(A)), as having retained, for the preparation of the audit report on its financial statements included in the Form N-CSR, a registered public accounting firm that has a branch or office that is located in a foreign jurisdiction and that the Public Accounting Oversight Board has determined it is unable to inspect or investigate completely because of a position taken by an authority in the foreign jurisdiction.
Not Applicable.
ITEM 5. AUDIT COMMITTEE OF LISTED REGISTRANTS.
Not Applicable.
ITEM 6. INVESTMENTS.
(a) | A Schedule of Investments in securities of unaffiliated issuers as of the close of the Reporting Period is included as part of the report to shareholders filed under Item 1 of this Form N-CSR. |
(b) | Not Applicable. |
ITEM 7. DISCLOSURE OF PROXY VOTING POLICIES AND PROCEDURES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES.
Not Applicable.
ITEM 8. Portfolio Managers of Closed-End Management Investment Companies.
Not Applicable.
ITEM 9. PURCHASES OF EQUITY SECURITIES BY CLOSED-END MANAGEMENT INVESTMENT COMPANIES AND AFFILIATED PURCHASERS.
Not Applicable.
ITEM 10. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.
There have been no material changes to the procedures by which the shareholders may recommend nominees to the Registrant’s Board of Trustees, where those changes were implemented after the Registrant last provided disclosure in response to the requirements of Item 407(c)(2)(iv) of Regulation S-K (as required by Item 22(b)(15) of Schedule 14A (17 CFR 240.14a-101)), or this Item.
ITEM 11. CONTROLS AND PROCEDURES.
(a) The Registrant’s principal executive officer and principal financial officer, or persons performing similar functions, have concluded that the Registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (17 CFR 270.30a-3(c)) were effective, as of a date within 90 days of the filing date of this report, based on their evaluations of these disclosure controls and procedures as required by Rule 30a-3(b) under the Investment Company Act of 1940, as amended (17 CFR 270.30a-3(b)), and Rules 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934, as amended (17 CFR 240.13a-15(b) or 240.15d-15(b)).
(b) There were no changes in the Registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940, as amended (17 CFR 270.30a-3(d)), that occurred during the Registrant’s last fiscal half year that have materially affected, or are reasonably likely to materially affect, the Registrant’s internal control over financial reporting.
ITEM 12. DISCLOSURE OF SECURITIES LENDING ACTIVITIES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES.
Not Applicable.
ITEM 13. EXHIBITS.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.
Brinker Capital Destinations Trust | ||
By: | /s/ Brian Ferko | |
Brian Ferko | ||
President | ||
Date: | May 1, 2024 |
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.
By: | /s/ Brian Ferko | |
Brian Ferko | ||
President | ||
Date: | May 1, 2024 |
Brinker Capital Destinations Trust | ||
By: | /s/ Kevin Fustos | |
Kevin Fustos | ||
Chief Financial Officer and Treasurer | ||
Date: | May 1, 2024 |