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 811-09301                            
TIAA-CREF Funds
(Exact name of registrant as specified in charter)
 
730 Third Avenue
New York, New York 10017-3206
(Address of principal executive offices) (Zip code)
 
Diana R. Gonzalez, Esq.
TIAA-CREF Funds
8500 Andrew Carnegie Boulevard
Charlotte, North Carolina 28262
(Name and address of agent for service)
Registrant’s telephone number, including area code: (800) 842‑2733
Date of fiscal year end: March 31
Date of reporting period: September 30, 2024

Item 1.
Reports to Stockholders.

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Bond Index Fund
(Formerly known as TIAA-CREF Bond Index Fund)
Class I Shares (Formerly known as Advisor Class Shares)/TBIAX
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Class I Shares of the Nuveen Bond Index Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Class I Shares
  $9   0.17%
* Annualized for period less than one year.
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 26,285,517,735  
Total number of portfolio holdings
     9,309  
Portfolio turnover (%)
     7%  
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
LOGO
LOGO
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus     financial statements and other information     fund holdings     proxy voting information
You can also request this information at (800) 257‑8787.
 
 
 
87245P692_SAR_0924
3927924‑INV‑B‑11/25 (A, I, Premier, R6, Retirement, W)
  LOGO
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Bond Index Fund
(Formerly known as TIAA-CREF Bond Index Fund)
Class A Shares (Formerly known as Retail Class Shares)/TBILX
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Class A Shares of the Nuveen Bond Index Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Class A Shares
  $23   0.44%
* Annualized for period less than one year.
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 26,285,517,735  
Total number of portfolio holdings
     9,309  
Portfolio turnover (%)
     7%  
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
LOGO
LOGO
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.
 
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus   • financial statements and other information   • fund holdings   • proxy voting information
You can also request this information at (800) 257‑8787.
 
 
87245M616_SAR_0924
3927924‑INV‑B‑11/25 (A, I, Premier, R6, Retirement, W)
  LOGO
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Bond Index Fund
(Formerly known as TIAA-CREF Bond Index Fund)
Premier Class Shares/TBIPX
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Premier Class Shares of the Nuveen Bond Index Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Premier Class Shares
  $11   0.22%
* Annualized for period less than one year.
 
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 26,285,517,735  
Total number of portfolio holdings
     9,309  
Portfolio turnover (%)
     7%  
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
LOGO
 
LOGO
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus   • financial statements and other information   • fund holdings   • proxy voting information
You can also request this information at (800) 257‑8787.
 
 
87245M590_SAR_0924
3927924‑INV‑B‑11/25 (A, I, Premier, R6, Retirement, W)
  LOGO
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Bond Index Fund
(Formerly known as TIAA-CREF Bond Index Fund)
Retirement Class Shares/TBIRX
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Retirement Class Shares of the Nuveen Bond Index Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
    Cost of a 
$10,000 investment 
  Costs paid as a percentage of 
$10,000 investment* 
     
Retirement Class Shares
  $16   0.32% 
* Annualized for period less than one year.
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 26,285,517,735  
Total number of portfolio holdings
     9,309  
Portfolio turnover (%)
     7%  
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
LOGO
LOGO
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus   • financial statements and other information   • fund holdings   • proxy voting information
You can also request this information at (800) 257‑8787.
 
 
87245M855_SAR_0924
3927924‑INV‑B‑11/25 (A, I, Premier, R6, Retirement, W)
  LOGO
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Bond Index Fund
(Formerly known as TIAA-CREF Bond Index Fund)
Class R6 Shares (Formerly known as Institutional Class Shares)/TBIIX
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Class R6 Shares of the Nuveen Bond Index Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
    Cost of a 
$10,000 investment 
  Costs paid as a percentage of 
$10,000 investment* 
     
Class R6 Shares
  $4   0.07% 
* Annualized for period less than one year.
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 26,285,517,735  
Total number of portfolio holdings
     9,309  
Portfolio turnover (%)
     7%  
 
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
LOGO
LOGO
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus   • financial statements and other information   • fund holdings   • proxy voting information
You can also request this information at (800) 257‑8787.
 
 
87245M848_SAR_0924
3927924‑INV‑B‑11/25 (A, I, Premier, R6, Retirement, W)
  LOGO
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Bond Index Fund
(Formerly known as TIAA-CREF Bond Index Fund)
Class W Shares/TBIWX
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Class W Shares of the Nuveen Bond Index Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Class W Shares
  $   0.00%
* Annualized for period less than one year.
 
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 26,285,517,735  
Total number of portfolio holdings
     9,309  
Portfolio turnover (%)
     7%  
 
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
LOGO
LOGO
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.
 
 
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus   • financial statements and other information  • fund holdings  • proxy voting information
You can also request this information at (800) 257‑8787.
 
 
 
87245P411_SAR_0924
3927924‑INV‑B‑11/25 (A, I, Premier, R6, Retirement, W)
  LOGO
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Core Bond Fund
(Formerly known as TIAA-CREF Core Bond Fund)
Class I Shares (Formerly known as Advisor Class Shares)/TIBHX
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Class I Shares of the Nuveen Core Bond Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Class I Shares
  $22   0.42%
* Annualized for period less than one year.
 
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 10,810,418,759  
Total number of portfolio holdings
     2,038  
Portfolio turnover (%)
     36%  
 
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
LOGO
LOGO
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.
 
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus  • financial statements and other information  • fund holdings  • proxy voting information
You can also request this information at (800) 257‑8787.
 
 
 
87245P718_SAR_0924
3927907‑INV‑B‑11/25 (A, I, Premier, R6, Retirement, W)
  LOGO
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Core Bond Fund
(Formerly known as TIAA-CREF Core Bond Fund)
Class A Shares (Formerly known as Retail Class Shares)/TIORX
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Class A Shares of the Nuveen Core Bond Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Class A Shares
  $30   0.59%
* Annualized for period less than one year.
 
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 10,810,418,759  
Total number of portfolio holdings
     2,038  
Portfolio turnover (%)
     36%  
 
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
LOGO
LOGO
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.
 
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus  • financial statements and other information  • fund holdings  • proxy voting information
You can also request this information at (800) 257‑8787.
 
 
 
886315712_SAR_0924
3927907‑INV‑B‑11/25 (A, I, Premier, R6, Retirement, W)
  LOGO
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Core Bond Fund
(Formerly known as TIAA-CREF Core Bond Fund)
Premier Class Shares/TIDPX
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Premier Class Shares of the Nuveen Core Bond Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Premier Class Shares
  $23   0.44%
* Annualized for period less than one year.
 
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 10,810,418,759  
Total number of portfolio holdings
     2,038  
Portfolio turnover (%)
     36%  
 
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
LOGO
LOGO
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.
 
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus  • financial statements and other information  • fund holdings  • proxy voting information
You can also request this information at (800) 257‑8787.
 
 
 
87245M491_SAR_0924
3927907‑INV‑B‑11/25 (A, I, Premier, R6, Retirement, W)
  LOGO
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Core Bond Fund
(Formerly known as TIAA-CREF Core Bond Fund)
Retirement Class Shares/TIDRX
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Retirement Class Shares of the Nuveen Core Bond Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Retirement Class Shares
  $27   0.53%
* Annualized for period less than one year.
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 10,810,418,759  
Total number of portfolio holdings
     2,038  
Portfolio turnover (%)
     36%  
 
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
LOGO
LOGO
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.
 
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus  • financial statements and other information  • fund holdings  • proxy voting information
You can also request this information at (800) 257‑8787.
 
 
886315720_SAR_0924
3927907‑INV‑B‑11/25 (A, I, Premier, R6, Retirement, W)
  LOGO
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Core Bond Fund
(Formerly known as TIAA-CREF Core Bond Fund)
Class R6 Shares (Formerly known as Institutional Class Shares)/TIBDX
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Class R6 Shares of the Nuveen Core Bond Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Class R6 Shares
  $15   0.29%
* Annualized for period less than one year.
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 10,810,418,759  
Total number of portfolio holdings
     2,038  
Portfolio turnover (%)
     36%  
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
LOGO
LOGO
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.
 
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus   • financial statements and other information   • fund holdings   • proxy voting information
You can also request this information at (800) 257‑8787.
 
 
 
87244W607_SAR_0924
3927907‑INV‑B‑11/25 (A, I, Premier, R6, Retirement, W)
  LOGO
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Core Bond Fund
(Formerly known as TIAA-CREF Core Bond Fund)
Class W Shares/TBBWX
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Class W Shares of the Nuveen Core Bond Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Class W Shares
  $   0.00%
* Annualized for period less than one year.
 
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 10,810,418,759  
Total number of portfolio holdings
     2,038  
Portfolio turnover (%)
     36%  
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
LOGO
LOGO
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.
 
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus   • financial statements and other information   • fund holdings   • proxy voting information
You can also request this information at (800) 257‑8787.
 
 
 
87245P429_SAR_0924
3927907‑INV‑B‑11/25 (A, I, Premier, R6, Retirement, W)
  LOGO
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Core Impact Bond Fund
(Formerly known as TIAA-CREF Core Impact Bond Fund)
Class I Shares (Formerly known as Advisor Class Shares)/TSBHX
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Class I Shares of the Nuveen Core Impact Bond Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Class I Shares
  $22   0.43%
* Annualized for period less than one year.
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 6,814,463,655  
Total number of portfolio holdings
     1,021  
Portfolio turnover (%)
     79%  
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
LOGO
LOGO
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.
 
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus   • financial statements and other information   • fund holdings   • proxy voting information
You can also request this information at (800) 257‑8787.
 
 
 
87245P635_SAR_0924
3928085‑INV‑B‑11/25 (A, I, Premier, R6, Retirement)
  LOGO
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Core Impact Bond Fund
(Formerly known as TIAA-CREF Core Impact Bond Fund)
Class A Shares (Formerly known as Retail Class Shares)/TSBRX
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Class A Shares of the Nuveen Core Impact Bond Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Class A Shares
  $32   0.62%
* Annualized for period less than one year.
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 6,814,463,655
Total number of portfolio holdings
  1,021
Portfolio turnover (%)
  79%
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
LOGO
LOGO
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.
 
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus   • financial statements and other information   • fund holdings   • proxy voting information
You can also request this information at (800) 257‑8787.
 
 
 
87245R714_SAR_0924
3928085‑INV‑B‑11/25 (A, I, Premier, R6, Retirement)
  LOGO
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Core Impact Bond Fund
(Formerly known as TIAA-CREF Core Impact Bond Fund)
Premier Class Shares/TSBPX
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Premier Class Shares of the Nuveen Core Impact Bond Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Premier Class Shares
  $27   0.53%
* Annualized for period less than one year.
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 6,814,463,655  
Total number of portfolio holdings
     1,021  
Portfolio turnover (%)
     79%  
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
LOGO
LOGO
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.
 
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus   • financial statements and other information   • fund holdings   • proxy voting information
You can also request this information at (800) 257‑8787.
 
 
 
87245R680_SAR_0924
3928085‑INV‑B‑11/25 (A, I, Premier, R6, Retirement)
  LOGO
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Core Impact Bond Fund
(Formerly known as TIAA-CREF Core Impact Bond Fund)
Retirement Class Shares/TSBBX
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Retirement Class Shares of the Nuveen Core Impact Bond Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Retirement Class Shares
  $31   0.61%
* Annualized for period less than one year.
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 6,814,463,655  
Total number of portfolio holdings
     1,021  
Portfolio turnover (%)
     79%  
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
LOGO
LOGO
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.
 
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus   • financial statements and other information   • fund holdings   • proxy voting information
You can also request this information at (800) 257‑8787.
 
 
 
87245R698_SAR_0924
3928085‑INV‑B‑11/25 (A, I, Premier, R6, Retirement)
  LOGO
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Core Impact Bond Fund
(Formerly known as TIAA-CREF Core Impact Bond Fund)
Class R6 Shares (Formerly known as Institutional Class Shares)/TSBIX
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Class R6 Shares of the Nuveen Core Impact Bond Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
 
Costs paid as a percentage of
$10,000 investment*
     
Class R6 Shares
  $18   0.36%
* Annualized for period less than one year.
 
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 6,814,463,655  
Total number of portfolio holdings
     1,021  
Portfolio turnover (%)
     79%  
 
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
LOGO
LOGO
 
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.
 
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus   • financial statements and other information   • fund holdings   • proxy voting information
You can also request this information at (800) 257‑8787.
 
 
 
87245R672_SAR_0924
3928085‑INV‑B‑11/25 (A, I, Premier, R6, Retirement)
  LOGO
 
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Core Plus Bond Fund
(Formerly known as TIAA-CREF Core Plus Bond Fund)
Class I Shares (Formerly known as Advisor Class Shares)/TCBHX
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Class I Shares of the Nuveen Core Plus Bond Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
 
Costs paid as a percentage of
$10,000 investment*
     
Class I Shares
  $20   0.38%
* Annualized for period less than one year.
 
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 4,821,115,690  
Total number of portfolio holdings
     1,699  
Portfolio turnover (%)
     53%  
 
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
LOGO
LOGO
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.
 
 
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus   • financial statements and other information   • fund holdings   • proxy voting information
You can also request this information at (800) 257‑8787.
 
 
 
87245P684_SAR_0924
3927940‑INV‑B‑11/25 (A, I, Premier, R6, Retirement, W)
  LOGO
 
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Core Plus Bond Fund
(Formerly known as TIAA-CREF Core Plus Bond Fund)
Class A Shares (Formerly known as Retail Class Shares)/TCBPX
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Class A Shares of the Nuveen Core Plus Bond Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
 
Costs paid as a percentage of
$10,000 investment*
     
Class A Shares
  $32   0.62%
* Annualized for period less than one year.
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 4,821,115,690  
Total number of portfolio holdings
     1,699  
Portfolio turnover (%)
     53%  
 
   
 
 
What did the Fund invest in? (as of September 30, 2024)
 
LOGO
LOGO
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.
 
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus   • financial statements and other information   • fund holdings   • proxy voting information
You can also request this information at (800) 257‑8787.
 
 
 
886315407_SAR_0924
3927940‑INV‑B‑11/25 (A, I, Premier, R6, Retirement, W)
  LOGO
 
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Core Plus Bond Fund
(Formerly known as TIAA-CREF Core Plus Bond Fund)
Premier Class Shares/TBPPX
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Premier Class Shares of the Nuveen Core Plus Bond Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
 
Costs paid as a percentage of
$10,000 investment*
     
Premier Class Shares
  $23   0.45%
* Annualized for period less than one year.
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 4,821,115,690  
Total number of portfolio holdings
     1,699  
Portfolio turnover (%)
     53%  
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
LOGO
LOGO
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.
 
 
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus   • financial statements and other information   • fund holdings   • proxy voting information
You can also request this information at (800) 257‑8787.
 
 
 
87245M483_SAR_0924
3927940‑INV‑B‑11/25 (A, I, Premier, R6, Retirement, W)
  LOGO
 
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Core Plus Bond Fund
(Formerly known as TIAA-CREF Core Plus Bond Fund)
Retirement Class Shares/TCBRX
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Retirement Class Shares of the Nuveen Core Plus Bond Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
 
Costs paid as a percentage of
$10,000 investment*
     
Retirement Class Shares
  $28   0.55%
* Annualized for period less than one year.
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 4,821,115,690  
Total number of portfolio holdings
     1,699  
Portfolio turnover (%)
     53%  
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
 
LOGO
LOGO
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.
 
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information
You can also request this information at (800) 257‑8787.
 
 
886315605_SAR_0924
3927940‑INV‑B‑11/25 (A, I, Premier, R6, Retirement, W)
  LOGO
 
 
 
   2   

 
 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Core Plus Bond Fund
(Formerly known as TIAA-CREF Core Plus Bond Fund)
Class R6 Shares (Formerly known as Institutional Class Shares)/TIBFX
 
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Class R6 Shares of the Nuveen Core Plus Bond Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Class R6 Shares
  $15   0.30%
* Annualized for period less than one year.
 
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 4,821,115,690  
Total number of portfolio holdings
     1,699  
Portfolio turnover (%)
     53%  
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
LOGO
LOGO
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.
 
 
 
 
   1    continued>>

 
 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus  • financial statements and other information  • fund holdings  • proxy voting information
You can also request this information at (800) 257‑8787.
 
 
 
886315506_SAR_0924
3927940‑INV‑B‑11/25 (A, I, Premier, R6, Retirement, W)
  LOGO
 
 
   2   

 
 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Core Plus Bond Fund
(Formerly known as TIAA-CREF Core Plus Bond Fund)
Class W Shares/TCBWX
 
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Class W Shares of the Nuveen Core Plus Bond Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Class W Shares
  $   0.00%
* Annualized for period less than one year.
 
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 4,821,115,690  
Total number of portfolio holdings
     1,699  
Portfolio turnover (%)
     53%  
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
LOGO
LOGO
 
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.
 
 
 
   1    continued>>

 
 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus  • financial statements and other information  • fund holdings  • proxy voting information
You can also request this information at (800) 257‑8787.
 
 
 
87245P395_SAR_0924
3927940‑INV‑B‑11/25 (A, I, Premier, R6, Retirement, W)
  LOGO
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen 5‑15 Year Laddered Tax Exempt Bond Fund
(Formerly known as TIAA-CREF 5-15 Year Laddered Tax-Exempt Bond Fund)
Class I Shares (Formerly known as Advisor Class Shares)/TIXHX
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Class I Shares of the Nuveen 5‑15 Year Laddered Tax Exempt Bond Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Class I Shares
  $20   0.40%
* Annualized for period less than one year.
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 215,019,847  
Total number of portfolio holdings
     206  
Portfolio turnover (%)
     8%  
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
 
LOGO
LOGO
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.
 
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus  • financial statements and other information  • fund holdings  • proxy voting information
You can also request this information at (800) 257‑8787.
 
 
 
87245P627_SAR_0924
3928094‑INV‑B‑11/25 (A, I, R6)
  LOGO
 
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen 5‑15 Year Laddered Tax Exempt Bond Fund
(Formerly known as TIAA-CREF 5-15 Year Laddered Tax-Exempt Bond Fund)
Class A Shares (Formerly known as Retail Class Shares)/TIXRX
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Class A Shares of the Nuveen 5‑15 Year Laddered Tax Exempt Bond Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Class A Shares
  $29   0.58%
* Annualized for period less than one year.
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 215,019,847  
Total number of portfolio holdings
     206  
Portfolio turnover (%)
     8%  
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
 
LOGO
LOGO
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.
 
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus  • financial statements and other information  • fund holdings  • proxy voting information
You can also request this information at (800) 257‑8787.
 
 
886315878_SAR_0924
3928094‑INV‑B‑11/25 (A, I, R6)
  LOGO
 
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen 5‑15 Year Laddered Tax Exempt Bond Fund
(Formerly known as TIAA-CREF 5-15 Year Laddered Tax-Exempt Bond Fund)
Class R6 Shares (Formerly known as Institutional Class Shares)/TITIX
 
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Class R6 Shares of the Nuveen 5‑15 Year Laddered Tax Exempt Bond Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Class R6 Shares
  $15   0.30%
* Annualized for period less than one year.
 
 
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 215,019,847  
Total number of portfolio holdings
     206  
Portfolio turnover (%)
     8%  
 
 
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
 
LOGO
LOGO
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.
 
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information
You can also request this information at (800) 257‑8787.
 
 
 
886315860_SAR_0924
3928094‑INV‑B‑11/25 (A, I, R6)
  LOGO
 
 
   2   

 
 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Green Bond Fund
(Formerly known as TIAA-CREF Green Bond Fund)
Class I Shares (Formerly known as Advisor Class Shares)/TGRKX
 
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Class I Shares of the Nuveen Green Bond Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Class I Shares
  $28   0.55%
* Annualized for period less than one year.
 
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 166,358,110  
Total number of portfolio holdings
     248  
Portfolio turnover (%)
     26%  
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
 
LOGO
LOGO
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.
 
 
 
   1    continued>>

 
 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus   • financial statements and other information  • fund holdings  • proxy voting information
You can also request this information at (800) 257‑8787.
 
 
 
87249N875_SAR_0924
3927961‑INV‑B‑11/25 (A, I, Premier, R6, Retirement)
  LOGO
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Green Bond Fund
(Formerly known as TIAA-CREF Green Bond Fund)
Class A Shares (Formerly known as Retail Class Shares)/TGROX
 
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Class A Shares of the Nuveen Green Bond Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Class A Shares
  $39   0.76%
* Annualized for period less than one year.
 
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 166,358,110  
Total number of portfolio holdings
     248  
Portfolio turnover (%)
     26%  
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
 
LOGO
LOGO
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.
 
 
 
 
   1    continued>>

 
 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus   • financial statements and other information   • fund holdings   • proxy voting information
You can also request this information at (800) 257‑8787.
 
 
 
87249N842_SAR_0924
3927961‑INV‑B‑11/25 (A, I, Premier, R6, Retirement)
  LOGO
 
 
   2   

 
 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Green Bond Fund
(Formerly known as TIAA-CREF Green Bond Fund)
Premier Class Shares/TGRLX
 
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Premier Class Shares of the Nuveen Green Bond Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Premier Class Shares
  $31   0.60%
* Annualized for period less than one year.
 
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 166,358,110  
Total number of portfolio holdings
     248  
Portfolio turnover (%)
     26%  
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
 
LOGO
LOGO
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.
 
 
 
   1    continued>>

 
 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus   • financial statements and other information   • fund holdings   • proxy voting information
You can also request this information at (800) 257‑8787.
 
 
 
87249N867_SAR_0924
3927961‑INV‑B‑11/25 (A, I, Premier, R6, Retirement)
  LOGO
 
 
   2   

 
 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Green Bond Fund
(Formerly known as TIAA-CREF Green Bond Fund)
Retirement Class Shares/TGRMX
 
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Retirement Class Shares of the Nuveen Green Bond Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Retirement Class Shares
  $36   0.70%
* Annualized for period less than one year.
 
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 166,358,110  
Total number of portfolio holdings
     248  
Portfolio turnover (%)
     26%  
 
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
 
LOGO
LOGO
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.
 
 
 
   1    continued>>

 
 
 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus   • financial statements and other information   • fund holdings   • proxy voting information
You can also request this information at (800) 257‑8787.
 
 
 
87249N859_SAR_0924
3927961‑INV‑B‑11/25 (A, I, Premier, R6, Retirement)
  LOGO
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Green Bond Fund
(Formerly known as TIAA-CREF Green Bond Fund)
Class R6 Shares (Formerly known as Institutional Class Shares)/TGRNX
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Class R6 Shares of the Nuveen Green Bond Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Class R6 Shares
  $23   0.45%
* Annualized for period less than one year.
 
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 166,358,110  
Total number of portfolio holdings
     248  
Portfolio turnover (%)
     26%  
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
 
LOGO
LOGO
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus   • financial statements and other information   • fund holdings   • proxy voting information
You can also request this information at (800) 257‑8787.
 
 
 
87249N883_SAR_0924
3927961‑INV‑B‑11/25 (A, I, Premier, R6, Retirement)
  LOGO
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen High Yield Fund
(Formerly known as TIAA-CREF High-Yield Fund)
Class I Shares (Formerly known as Advisor Class Shares)/TIHHX
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Class I Shares of the Nuveen High Yield Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Class I Shares
  $25   0.48%
* Annualized for period less than one year.
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 2,038,494,590  
Total number of portfolio holdings
     288  
Portfolio turnover (%)
     37%  
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
LOGO
LOGO
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information
You can also request this information at (800) 257‑8787.
 
 
87245P676_SAR_0924
3927978‑INV‑B‑11/25 (A, I, Premier, R6, Retirement, W)
  LOGO
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen High Yield Fund
(Formerly known as TIAA-CREF High-Yield Fund)
Class A Shares (Formerly known as Retail Class Shares)/TIYRX
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Class A Shares of the Nuveen High Yield Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Class A Shares
  $34   0.66%
* Annualized for period less than one year.
 
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 2,038,494,590  
Total number of portfolio holdings
     288  
Portfolio turnover (%)
     37%  
 
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
LOGO
LOGO
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus   • financial statements and other information   • fund holdings   • proxy voting information
You can also request this information at (800) 257‑8787.
 
 
886315811_SAR_0924
3927978‑INV‑B‑11/25 (A, I, Premier, R6, Retirement, W)
  LOGO
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen High Yield Fund
(Formerly known as TIAA-CREF High-Yield Fund)
Premier Class Shares/TIHPX
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Premier Class Shares of the Nuveen High Yield Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Premier Class Shares
  $27   0.52%
* Annualized for period less than one year.
 
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 2,038,494,590  
Total number of portfolio holdings
     288  
Portfolio turnover (%)
     37%  
 
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
LOGO
LOGO
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.
 
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus   •  financial statements and other information   •  fund holdings  •  proxy voting information
You can also request this information at (800) 257‑8787.
 
 
 
87245M467_SAR_0924
3927978‑INV‑B‑11/25 (A, I, Premier, R6, Retirement, W)
  LOGO
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen High Yield Fund
(Formerly known as TIAA-CREF High-Yield Fund)
Retirement Class Shares/TIHRX
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Retirement Class Shares of the Nuveen High Yield Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Retirement Class Shares
  $32   0.62%
* Annualized for period less than one year.
 
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 2,038,494,590  
Total number of portfolio holdings
     288  
Portfolio turnover (%)
     37%  
 
 
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
LOGO
LOGO
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.
 
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information
You can also request this information at (800) 257‑8787.
 
 
 
886315787_SAR_0924
3927978‑INV‑B‑11/25 (A, I, Premier, R6, Retirement, W)
  LOGO
 
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen High Yield Fund
(Formerly known as TIAA-CREF High-Yield Fund)
Class R6 Shares (Formerly known as Institutional Class Shares)/TIHYX
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Class R6 Shares of the Nuveen High Yield Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Class R6 Shares
  $19   0.37%
* Annualized for period less than one year.
 
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 2,038,494,590  
Total number of portfolio holdings
     288  
Portfolio turnover (%)
     37%  
 
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
LOGO
LOGO
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus   • financial statements and other information   • fund holdings   • proxy voting information
You can also request this information at (800) 257‑8787.
 
 
 
886315795_SAR_0924
3927978‑INV‑B‑11/25 (A, I, Premier, R6, Retirement, W)
  LOGO
 
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen High Yield Fund
(Formerly known as TIAA-CREF High-Yield Fund)
Class W Shares/TIHWX
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Class W Shares of the Nuveen High Yield Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Class W Shares
  $   0.00%
* Annualized for period less than one year.
 
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 2,038,494,590  
Total number of portfolio holdings
     288  
Portfolio turnover (%)
     37%  
 
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
LOGO
LOGO
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus   • financial statements and other information   • fund holdings   • proxy voting information
You can also request this information at (800) 257‑8787.
 
 
 
87245P387_SAR_0924
3927978‑INV‑B‑11/25 (A, I, Premier, R6, Retirement, W)
  LOGO
 
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Inflation Linked Bond Fund
(Formerly known as TIAA-CREF Inflation-Linked Bond Fund)
Class I Shares (Formerly known as Advisor Class Shares)/TIIHX
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Class I Shares of the Nuveen Inflation Linked Bond Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Class I Shares
  $18   0.36%
* Annualized for period less than one year.
 
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 2,983,887,668  
Total number of portfolio holdings
     54  
Portfolio turnover (%)
     17%  
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
 
LOGO
LOGO
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.
 
 
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus   • financial statements and other information  • fund holdings  • proxy voting information
You can also request this information at (800) 257‑8787.
 
 
 
87245P668_SAR_0924
3928107‑INV‑B‑11/25 (A, I, Premier, R6, Retirement, W)
  LOGO
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Inflation Linked Bond Fund
(Formerly known as TIAA-CREF Inflation-Linked Bond Fund)
Class A Shares (Formerly known as Retail Class Shares)/TCILX
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Class A Shares of the Nuveen Inflation Linked Bond Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Class A Shares
  $29   0.56%
* Annualized for period less than one year.
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 2,983,887,668  
Total number of portfolio holdings
     54  
Portfolio turnover (%)
     17%  
 
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
 
LOGO
LOGO
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.
 
 
 
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus   • financial statements and other information  • fund holdings  • proxy voting information
You can also request this information at (800) 257‑8787.
 
 
 
87244W474_SAR_0924
3928107‑INV‑B‑11/25 (A, I, Premier, R6, Retirement, W)
  LOGO
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Inflation Linked Bond Fund
(Formerly known as TIAA-CREF Inflation-Linked Bond Fund)
Premier Class Shares/TIKPX
 
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Premier Class Shares of the Nuveen Inflation Linked Bond Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Premier Class Shares
  $21   0.41%
* Annualized for period less than one year.
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 2,983,887,668  
Total number of portfolio holdings
     54  
Portfolio turnover (%)
     17%  
 
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
 
LOGO
LOGO
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.
 
 
 
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus   • financial statements and other information  • fund holdings  • proxy voting information
You can also request this information at (800) 257‑8787.
 
 
 
87245M459_SAR_0924
3928107‑INV‑B‑11/25 (A, I, Premier, R6, Retirement, W)
  LOGO
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Inflation Linked Bond Fund
(Formerly known as TIAA-CREF Inflation-Linked Bond Fund)
Retirement Class Shares /TIKRX
 
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Retirement Class Shares of the Nuveen Inflation Linked Bond Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Retirement Class Shares
  $26   0.50%
* Annualized for period less than one year.
 
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 2,983,887,668  
Total number of portfolio holdings
     54  
Portfolio turnover (%)
     17%  
 
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
 
LOGO
LOGO
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that oneis used. These ratings are subject to change without notice.
 
 
 
 
 
   1    continued>>

Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus   • financial statements and other information  • fund holdings  • proxy voting information
You can also request this information at (800) 257‑8787.
 
 
 
886315696_SAR_0924
3928107‑INV‑B‑11/25 (A, I, Premier, R6, Retirement, W)
  LOGO
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Inflation Linked Bond Fund
(Formerly known as TIAA-CREF Inflation-Linked Bond Fund)
Class R6 Shares (Formerly known as Institutional Class Shares)/TIILX
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Class R6 Shares of the Nuveen Inflation Linked Bond Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Class R6 Shares
  $13   0.25%
* Annualized for period less than one year.
 
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 2,983,887,668  
Total number of portfolio holdings
     54  
Portfolio turnover (%)
     17%  
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
LOGO
LOGO
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.
 
 
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus   • financial statements and other information   • fund holdings   • proxy voting information
You can also request this information at (800) 257‑8787.
 
 
 
87244W482_SAR_0924
3928107‑INV‑B‑11/25 (A, I, Premier, R6, Retirement, W)
  LOGO
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Inflation Linked Bond Fund
(Formerly known as TIAA-CREF Inflation-Linked Bond Fund)
Class W Shares/TIIWX
 
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Class W Shares of the Nuveen Inflation Linked Bond Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Class W Shares
  $   0.00%
* Annualized for period less than one year.
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 2,983,887,668  
Total number of portfolio holdings
     54  
Portfolio turnover (%)
     17%  
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
 
LOGO
LOGO
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.
 
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information
You can also request this information at (800) 257‑8787.
 
 
 
87245P379_SAR_0924
3928107‑INV‑B‑11/25 (A, I, Premier, R6, Retirement, W)
  LOGO
 
 
 
   2   

 
    
LOGO
  
Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Short Duration Impact Bond Fund
(Formerly known as TIAA-CREF Short Duration Impact Bond Fund)
Class I Shares (Formerly known as Advisor Class Shares)/TSDHX
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Class I Shares of the Nuveen Short Duration Impact Bond Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Class I Shares
  $20   0.39%
* Annualized for period less than one year.
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 77,028,380  
Total number of portfolio holdings
     178  
Portfolio turnover (%)
     70%  
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
LOGO
LOGO
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.
 
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information
You can also request this information at (800) 257‑8787.
 
 
87249N826_SAR_0924
3928015‑INV‑B‑11/25 (A, I, Premier, R6, Retirement)
  LOGO
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Short Duration Impact Bond Fund
(Formerly known as TIAA-CREF Short Duration Impact Bond Fund)
Class A Shares (Formerly known as Retail Class Shares)/TSDBX
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Class A Shares of the Nuveen Short Duration Impact Bond Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Class A Shares
  $32   0.63%
* Annualized for period less than one year.
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 77,028,380  
Total number of portfolio holdings
     178  
Portfolio turnover (%)
     70%  
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
LOGO
LOGO
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.
 
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information
You can also request this information at (800) 257‑8787.
 
 
87249N784_SAR_0924
3928015‑INV‑B‑11/25 (A, I, Premier, R6, Retirement)
  LOGO
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Short Duration Impact Bond Fund
(Formerly known as TIAA-CREF Short Duration Impact Bond Fund)
Premier Class Shares/TSDFX
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Premier Class Shares of the Nuveen Short Duration Impact Bond Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Premier Class Shares
  $25   0.50%
* Annualized for period less than one year.
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 77,028,380  
Total number of portfolio holdings
     178  
Portfolio turnover (%)
     70%  
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
LOGO
LOGO
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.
 
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information
You can also request this information at (800) 257‑8787.
 
 
87249N818_SAR_0924
3928015‑INV‑B‑11/25 (A, I, Premier, R6, Retirement)
  LOGO
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Short Duration Impact Bond Fund
(Formerly known as TIAA-CREF Short Duration Impact Bond Fund)
Retirement Class Shares/TSDDX
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Retirement Class Shares of the Nuveen Short Duration Impact Bond Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Retirement Class Shares
  $31   0.60%
* Annualized for period less than one year.
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 77,028,380  
Total number of portfolio holdings
     178  
Portfolio turnover (%)
     70%  
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
LOGO
 
LOGO
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.
 
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information
You can also request this information at (800) 257‑8787.
 
 
 
87249N792_SAR_0924
3928015‑INV‑B‑11/25 (A, I, Premier, R6, Retirement)
  LOGO
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Short Duration Impact Bond Fund
(Formerly known as TIAA-CREF Short Duration Impact Bond Fund)
Class R6 Shares (Formerly known as Institutional Class Shares)/TSDJX
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Class R6 Shares of the Nuveen Short Duration Impact Bond Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Class R6 Shares
  $18   0.35%
* Annualized for period less than one year.
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 77,028,380  
Total number of portfolio holdings
     178  
Portfolio turnover (%)
     70%  
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
LOGO
LOGO
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.
 
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus  • financial statements and other information  • fund holdings  • proxy voting information
You can also request this information at (800) 257‑8787.
 
 
 
87249N834_SAR_0924
3928015‑INV‑B‑11/25 (A, I, Premier, R6, Retirement)
  LOGO
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Short Term Bond Fund
(Formerly known as TIAA-CREF Short-Term Bond Fund)
Class I Shares (Formerly known as Advisor Class Shares)/TCTHX
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Class I Shares of the Nuveen Short Term Bond Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Class I Shares
  $18   0.36%
* Annualized for period less than one year.
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 1,866,831,987  
Total number of portfolio holdings
     305  
Portfolio turnover (%)
     88%  
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
LOGO
LOGO
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.
 
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus  • financial statements and other information  • fund holdings  • proxy voting information
You can also request this information at (800) 257‑8787.
 
 
 
87245P650_SAR_0924
3928031‑INV‑B‑11/25 (A, I, Premier, R6, Retirement, W)
  LOGO
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Short Term Bond Fund
(Formerly known as TIAA-CREF Short-Term Bond Fund)
Class A Shares (Formerly known as Retail Class Shares)/TCTRX
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Class A Shares of the Nuveen Short Term Bond Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Class A Shares
  $30   0.58%
* Annualized for period less than one year.
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 1,866,831,987  
Total number of portfolio holdings
     305  
Portfolio turnover (%)
     88%  
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
LOGO
LOGO
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.
 
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus  • financial statements and other information  • fund holdings  • proxy voting information
You can also request this information at (800) 257‑8787.
 
 
 
886315704_SAR_0924
3928031‑INV‑B‑11/25 (A, I, Premier, R6, Retirement, W)
  LOGO
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Short Term Bond Fund
(Formerly known as TIAA-CREF Short-Term Bond Fund)
Premier Class Shares/TSTPX
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Premier Class Shares of the Nuveen Short Term Bond Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Premier Class Shares
  $21   0.42%
* Annualized for period less than one year.
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 1,866,831,987  
Total number of portfolio holdings
     305  
Portfolio turnover (%)
     88%  
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
LOGO
LOGO
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.
 
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus     financial statements and other information     fund holdings     proxy voting information
You can also request this information at (800) 257‑8787.
 
 
 
87245M475_SAR_0924
3928031‑INV‑B‑11/25 (A, I, Premier, R6, Retirement, W)
  LOGO
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Short Term Bond Fund
(Formerly known as TIAA-CREF Short-Term Bond Fund)
Retirement Class Shares/TISRX
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Retirement Class Shares of the Nuveen Short Term Bond Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Retirement Class Shares
  $26   0.51%
* Annualized for period less than one year.
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 1,866,831,987  
Total number of portfolio holdings
     305  
Portfolio turnover (%)
     88%  
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
LOGO
LOGO
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.
 
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus     financial statements and other information     fund holdings     proxy voting information
You can also request this information at (800) 257‑8787.
 
 
 
886315886_SAR_0924
3928031‑INV‑B‑11/25 (A, I, Premier, R6, Retirement, W)
  LOGO
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Short Term Bond Fund
(Formerly known as TIAA-CREF Short-Term Bond Fund)
Class R6 Shares (Formerly known as Institutional Class Shares)/TISIX
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Class R6 Shares of the Nuveen Short Term Bond Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Class R6 Shares
  $13   0.26%
* Annualized for period less than one year.
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 1,866,831,987  
Total number of portfolio holdings
     305  
Portfolio turnover (%)
     88%  
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
LOGO
LOGO
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.
 
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus     financial statements and other information     fund holdings     proxy voting information
You can also request this information at (800) 257‑8787.
 
 
 
886315803_SAR_0924
3928031‑INV‑B‑11/25 (A, I, Premier, R6, Retirement, W)
  LOGO
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Short Term Bond Fund
(Formerly known as TIAA-CREF Short-Term Bond Fund)
Class W Shares/TCTWX
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Class W Shares of the Nuveen Short Term Bond Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Class W Shares
  $   0.00%
* Annualized for period less than one year.
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 1,866,831,987  
Total number of portfolio holdings
     305  
Portfolio turnover (%)
     88%  
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
LOGO
LOGO
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.
 
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus     financial statements and other information     fund holdings    proxy voting information
You can also request this information at (800) 257‑8787.
 
 
 
87245P361_SAR_0924
3928031‑INV‑B‑11/25 (A, I, Premier, R6, Retirement, W)
  LOGO
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Short Term Bond Index Fund
(Formerly known as TIAA-CREF Short-Term Bond Index Fund)
Class I Shares (Formerly known as Advisor Class Shares)/TTBHX
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Class I Shares of the Nuveen Short Term Bond Index Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Class I Shares
  $10   0.20%
* Annualized for period less than one year.
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 2,226,824,395  
Total number of portfolio holdings
     1,051  
Portfolio turnover (%)
     27%  
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
LOGO
LOGO
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.
 
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus     financial statements and other information     fund holdings     proxy voting information
You can also request this information at (800) 257‑8787.
 
 
 
87245P643_SAR_0924
3928066‑INV‑B‑11/25 (A, I, Premier, R6, Retirement, W)
  LOGO
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Short Term Bond Index Fund
(Formerly known as TIAA-CREF Short-Term Bond Index Fund)
Class A Shares (Formerly known as Retail Class Shares)/TRSHX
 
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Class A Shares of the Nuveen Short Term Bond Index Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Class A Shares
  $23   0.45%
* Annualized for period less than one year.
 
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 2,226,824,395  
Total number of portfolio holdings
     1,051  
Portfolio turnover (%)
     27%  
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
LOGO
LOGO
 
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.
 
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:
 
   
prospectus   • financial statements and other information  • fund holdings  • proxy voting information
You can also request this information at (800) 257‑8787.
 
 
 
87245R466_SAR_0924
3928066-INV-B-11/25 (A, I, Premier, R6, Retirement, W)
  LOGO
 
 
   2   

 
 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Short Term Bond Index Fund
(Formerly known as TIAA-CREF Short-Term Bond Index Fund)
Premier Class Shares/TPSHX
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Premier Class Shares of the Nuveen Short Term Bond Index Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Premier Class Shares
  $13   0.25%
* Annualized for period less than one year.
 
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 2,226,824,395  
Total number of portfolio holdings
     1,051  
Portfolio turnover (%)
     27%  
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
 
LOGO
LOGO
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.
 
 
 
   1    continued>>

 
 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus  • financial statements and other information  • fund holdings   • proxy voting information
You can also request this information at (800) 257‑8787.
 
 
 
87245R441_SAR_0924
3928066‑INV‑B‑11/25 (A, I, Premier, R6, Retirement, W)
  LOGO
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Short Term Bond Index Fund
(Formerly known as TIAA-CREF Short-Term Bond Index Fund)
Retirement Class Shares/TESHX
 
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Retirement Class Shares of the Nuveen Short Term Bond Index Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Retirement Class Shares
  $17   0.33%
* Annualized for period less than one year.
 
 
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 2,226,824,395  
Total number of portfolio holdings
     1,051  
Portfolio turnover (%)
     27%  
 
 
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
LOGO
LOGO
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.
 
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus   • financial statements and other information   • fund holdings   • proxy voting information
You can also request this information at (800) 257‑8787.
 
 
 
87245R458_SAR_0924
3928066‑INV‑B‑11/25 (A, I, Premier, R6, Retirement, W)
  LOGO
 
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Short Term Bond Index Fund
(Formerly known as TIAA-CREF Short-Term Bond Index Fund)
Class R6 Shares (Formerly known as Institutional Class Shares)/TNSHX
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Class R6 Shares of the Nuveen Short Term Bond Index Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Class R6 Shares
  $4   0.08%
* Annualized for period less than one year.
 
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 2,226,824,395  
Total number of portfolio holdings
     1,051  
Portfolio turnover (%)
     27%  
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
 
LOGO
LOGO
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus  • financial statements and other information  • fund holdings  • proxy voting information
You can also request this information at (800) 257‑8787.
 
87245R433_SAR_0924
3928066‑INV‑B‑11/25 (A, I, Premier, R6, Retirement, W)
  LOGO
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Short Term Bond Index Fund
(Formerly known as TIAA-CREF Short-Term Bond Index Fund)
Class W Shares/TTBWX
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Class W Shares of the Nuveen Short Term Bond Index Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
 
Costs paid as a percentage of
$10,000 investment*
     
Class W Shares
  $   0.00%
* Annualized for period less than one year.
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 2,226,824,395  
Total number of portfolio holdings
     1,051  
Portfolio turnover (%)
     27%  
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
 
LOGO
LOGO
 
 
(1) Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody’s, Standard & Poor’s and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.
 
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus   • financial statements and other information   • fund holdings   • proxy voting information
You can also request this information at (800) 257‑8787.
 
 
 
87245P353_SAR_0924
3928066‑INV‑B‑11/25 (A, I, Premier, R6, Retirement, W)
  LOGO
 
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Money Market Fund
(Formerly known as TIAA-CREF Money Market Fund)
Class I Shares (Formerly known as Advisor Class Shares)/TMHXX
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Class I Shares of the Nuveen Money Market Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
 
Costs paid as a percentage of
$10,000 investment*
     
Class I Shares
  $8   0.16%
* Annualized for period less than one year.
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 2,101,093,971  
Total number of portfolio holdings
     86  
Portfolio turnover (%)
     0%  
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
 
LOGO
 
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus   • financial statements and other information   • fund holdings   • proxy voting information
You can also request this information at (800) 257‑8787.
 
 
 
87245P619_SAR_0924
3927991‑INV‑B‑11/25 (A, I, Premier, R6, Retirement)
  LOGO
 
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Money Market Fund
(Formerly known as TIAA-CREF Money Market Fund)
Class A Shares (Formerly known as Retail Class Shares)/TIRXX
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Class A Shares of the Nuveen Money Market Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Class A Shares
  $23   0.46%
* Annualized for period less than one year.
 
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 2,101,093,971  
Total number of portfolio holdings
     86  
Portfolio turnover (%)
     0%  
 
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
 
LOGO
 
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus   • financial statements and other information   • fund holdings   • proxy voting information
You can also request this information at (800) 257‑8787.
 
 
 
886315670_SAR_0924
3927991‑INV‑B‑11/25 (A, I, Premier, R6, Retirement)
  LOGO
 
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Money Market Fund
(Formerly known as TIAA-CREF Money Market Fund)
Premier Class Shares/TPPXX
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Premier Class Shares of the Nuveen Money Market Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Premier Class Shares
  $14   0.27%
* Annualized for period less than one year.
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 2,101,093,971  
Total number of portfolio holdings
     86  
Portfolio turnover (%)
     0%  
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
 
LOGO
 
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus   • financial statements and other information   • fund holdings   • proxy voting information
You can also request this information at (800) 257‑8787.
 
 
 
87245M442_SAR_0924
3927991‑INV‑B‑11/25 (A, I, Premier, R6, Retirement)
  LOGO
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Money Market Fund
(Formerly known as TIAA-CREF Money Market Fund)
Retirement Class Shares/TIEXX
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Retirement Class Shares of the Nuveen Money Market Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Retirement Class Shares
  $19   0.37%
* Annualized for period less than one year.
 
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 2,101,093,971  
Total number of portfolio holdings
     86  
Portfolio turnover (%)
     0%  
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
LOGO
 
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus   • financial statements and other information   • fund holdings   • proxy voting information
You can also request this information at (800) 257‑8787.
 
 
 
886315688_SAR_0924
3927991‑INV‑B‑11/25 (A, I, Premier, R6, Retirement)
  LOGO
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Money Market Fund
(Formerly known as TIAA-CREF Money Market Fund)
Class R6 Shares (Formerly known as Institutional Class Shares)/TCIXX
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Class R6 Shares of the Nuveen Money Market Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Class R6 Shares
  $6   0.12%
* Annualized for period less than one year.
 
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 2,101,093,971  
Total number of portfolio holdings
     86  
Portfolio turnover (%)
     0%  
 
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
 
LOGO
 
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus   • financial statements and other information   • fund holdings   • proxy voting information
You can also request this information at (800) 257‑8787.
 
 
 
87244W706_SAR_0924
3927991‑INV‑B‑11/25 (A, I, Premier, R6, Retirement)
  LOGO
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Real Estate Securities Select Fund
(Formerly known as TIAA-CREF Real Estate Securities Fund)
Class I Shares (Formerly known as Advisor Class Shares)/TIRHX
 
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Class I Shares of the Nuveen Real Estate Securities Select Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Class I Shares
  $33   0.61%
* Annualized for period less than one year.
 
 
 
Fund Statistics (as of September 30, 2024)
Fund net assets
   $ 3,066,748,727  
Total number of portfolio holdings
     40  
Portfolio turnover (%)
     11%  
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
 
LOGO
 
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information
You can also request this information at (800) 257‑8787.
 
 
 
87245P593_SAR_0924
3928111‑INV‑B‑11/25 (A, I, Premier, R6, Retirement)
  LOGO
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Real Estate Securities Select Fund
(Formerly known as TIAA-CREF Real Estate Securities Fund)
Class A Shares (Formerly known as Retail Class Shares)/TCREX
 
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Class A Shares of the Nuveen Real Estate Securities Select Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Class A Shares
  $42   0.78%
* Annualized for period less than one year.
 
 
 
 
Fund Statistics (as of September 30, 2024)
Fund net assets
   $ 3,066,748,727  
Total number of portfolio holdings
     40  
Portfolio turnover (%)
     11%  
 
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
 
LOGO
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information
You can also request this information at (800) 257‑8787.
 
 
87244W771_SAR_0924
3928111‑INV‑B‑11/25 (A, I, Premier, R6, Retirement)
  LOGO
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Real Estate Securities Select Fund
(Formerly known as TIAA-CREF Real Estate Securities Fund)
Premier Class Shares/TRRPX
 
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Premier Class Shares of the Nuveen Real Estate Securities Select Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Premier Class Shares
  $34   0.64%
* Annualized for period less than one year.
 
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 3,066,748,727  
Total number of portfolio holdings
     40  
Portfolio turnover (%)
     11%  
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
 
LOGO
 
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus   • financial statements and other information   • fund holdings   • proxy voting information
You can also request this information at (800) 257‑8787.
 
 
 
87245M327_SAR_0924
3928111‑INV‑B‑11/25 (A, I, Premier, R6, Retirement)
  LOGO
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Real Estate Securities Select Fund
(Formerly known as TIAA-CREF Real Estate Securities Fund)
Retirement Class Shares/TRRSX
 
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Retirement Class Shares of the Nuveen Real Estate Securities Select Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Retirement Class Shares
  $40   0.74%
* Annualized for period less than one year.
 
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 3,066,748,727  
Total number of portfolio holdings
     40  
Portfolio turnover (%)
     11%  
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
 
LOGO
 
 
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus   • financial statements and other information   • fund holdings   • proxy voting information
You can also request this information at (800) 257‑8787.
 
 
 
87244W789_SAR_0924
3928111‑INV‑B‑11/25 (A, I, Premier, R6, Retirement)
  LOGO
 
 
   2   

 
    
LOGO
  

Semi-Annual Shareholder Report  
 
September 30, 2024  
 
Nuveen Real Estate Securities Select Fund
(Formerly known as TIAA-CREF Real Estate Securities Fund)
Class R6 Shares (Formerly known as Institutional Class Shares)/TIREX
 
 
 
Semi-Annual Report
This semi-annual shareholder report contains important information about the Class R6 Shares of the Nuveen Real Estate Securities Select Fund for the period of April 1, 2024 to September 30, 2024. You can find additional information at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses. You can also request this information by contacting us at (800) 257‑8787.
 
 
 
What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment)
 
   
   
Cost of a 
$10,000 investment 
  Costs paid as a percentage of
$10,000 investment*
     
Class R6 Shares
  $26   0.49%
* Annualized for period less than one year.
 
 
 
 
Fund Statistics (as of September 30, 2024)
 
Fund net assets
   $ 3,066,748,727  
Total number of portfolio holdings
     40  
Portfolio turnover (%)
     11%  
 
 
 
What did the Fund invest in? (as of September 30, 2024)
 
 
LOGO
 
 
 
 
   1    continued>>

 
Availability of additional information about the Fund
You can find additional information about the Fund at https://www.nuveen.com/en‑us/mutual‑funds/prospectuses, including its:
 
   
prospectus   • financial statements and other information   • fund holdings   • proxy voting information
You can also request this information at (800) 257‑8787.
 
 
 
87244W797_SAR_0924
3928111‑INV‑B‑11/25 (A, I, Premier, R6, Retirement)
  LOGO
 
 
   2   


Item 2.

Code of Ethics.

Not applicable to this filing.


Item 3.

Audit Committee Financial Expert.

Not applicable to this filing.


Item 4.

Principal Accountant Fees and Services.

Not applicable to this filing.


Item 5.

Audit Committee of Listed Registrants.

Not applicable to this registrant.


Item 6.

Investments.

 

(a)

Schedule of Investments is included as part of the financial statements filed under Item 7 of this Form N-CSR.

 

(b)

Not applicable.


Item 7.

Financial Statements and Financial Highlights for Open-End Management Investment Companies.

 


3
Item
7.
Financial
Statements
and
Financial
Highlights
for
Open-
End
Management
Investment
Companies
Bond
Index
Portfolio
of
Investments
September
30,
2024
4
See
Notes
to
Financial
Statements
(Unaudited)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
LONG-TERM
INVESTMENTS
-
99.3%
CORPORATE
BONDS
-
25
.3
%
AUTOMOBILES
&
COMPONENTS
-
0.6%
$
3,000,000
American
Honda
Finance
Corp
1
.300
%
09/09/26
$
2,845,210‌
100,000
American
Honda
Finance
Corp
2
.300
09/09/26
96,809‌
1,000,000
American
Honda
Finance
Corp
2
.350
01/08/27
962,046‌
1,000,000
American
Honda
Finance
Corp
4
.900
07/09/27
1,021,959‌
1,000,000
American
Honda
Finance
Corp
4
.700
01/12/28
1,017,856‌
2,000,000
American
Honda
Finance
Corp
5
.125
07/07/28
2,066,316‌
1,000,000
American
Honda
Finance
Corp
5
.650
11/15/28
1,056,430‌
1,000,000
American
Honda
Finance
Corp
2
.250
01/12/29
924,581‌
1,000,000
American
Honda
Finance
Corp
4
.900
03/13/29
1,025,936‌
1,000,000
American
Honda
Finance
Corp
4
.400
09/05/29
1,004,291‌
1,000,000
American
Honda
Finance
Corp
4
.600
04/17/30
1,013,917‌
1,500,000
American
Honda
Finance
Corp
5
.850
10/04/30
1,616,070‌
1,000,000
American
Honda
Finance
Corp
1
.800
01/13/31
857,325‌
1,000,000
American
Honda
Finance
Corp
5
.050
07/10/31
1,029,318‌
1,500,000
American
Honda
Finance
Corp
4
.900
01/10/34
1,525,720‌
100,000
Aptiv
plc
4
.350
03/15/29
99,907‌
1,000,000
Aptiv
plc
4
.650
09/13/29
995,326‌
600,000
Aptiv
plc
3
.250
03/01/32
537,020‌
1,000,000
Aptiv
plc
5
.150
09/13/34
984,469‌
100,000
(a)
Aptiv
plc
4
.400
10/01/46
82,316‌
575,000
(a)
Aptiv
plc
5
.400
03/15/49
532,091‌
1,500,000
Aptiv
plc
3
.100
12/01/51
953,622‌
1,000,000
Aptiv
plc
4
.150
05/01/52
775,312‌
1,000,000
Aptiv
plc
5
.750
09/13/54
964,451‌
1,000,000
Aptiv
plc
6
.875
12/15/54
1,010,508‌
1,650,000
BorgWarner,
Inc
2
.650
07/01/27
1,585,405‌
1,000,000
BorgWarner,
Inc
5
.400
08/15/34
1,021,013‌
200,000
BorgWarner,
Inc
4
.375
03/15/45
169,336‌
3,000,000
Ford
Motor
Co
4
.346
12/08/26
2,974,370‌
2,000,000
(a)
Ford
Motor
Co
7
.450
07/16/31
2,210,498‌
4,000,000
Ford
Motor
Co
3
.250
02/12/32
3,406,501‌
1,700,000
Ford
Motor
Co
4
.750
01/15/43
1,408,724‌
1,500,000
(a)
Ford
Motor
Co
5
.291
12/08/46
1,360,467‌
3,000,000
Ford
Motor
Credit
Co
LLC
6
.950
03/06/26
3,070,358‌
3,000,000
Ford
Motor
Credit
Co
LLC
6
.950
06/10/26
3,088,273‌
3,000,000
Ford
Motor
Credit
Co
LLC
2
.700
08/10/26
2,882,172‌
1,250,000
Ford
Motor
Credit
Co
LLC
5
.850
05/17/27
1,272,560‌
2,000,000
Ford
Motor
Credit
Co
LLC
4
.950
05/28/27
1,995,101‌
2,000,000
Ford
Motor
Credit
Co
LLC
7
.350
11/04/27
2,123,639‌
2,000,000
Ford
Motor
Credit
Co
LLC
6
.800
05/12/28
2,095,315‌
1,500,000
Ford
Motor
Credit
Co
LLC
6
.798
11/07/28
1,583,711‌
1,500,000
Ford
Motor
Credit
Co
LLC
5
.800
03/08/29
1,524,648‌
3,000,000
Ford
Motor
Credit
Co
LLC
5
.113
05/03/29
2,971,745‌
1,000,000
Ford
Motor
Credit
Co
LLC
5
.303
09/06/29
995,292‌
1,000,000
Ford
Motor
Credit
Co
LLC
7
.350
03/06/30
1,082,958‌
1,000,000
Ford
Motor
Credit
Co
LLC
6
.050
03/05/31
1,026,467‌
2,500,000
Ford
Motor
Credit
Co
LLC
3
.625
06/17/31
2,217,694‌
1,500,000
Ford
Motor
Credit
Co
LLC
7
.122
11/07/33
1,621,653‌
1,750,000
Ford
Motor
Credit
Co
LLC
6
.125
03/08/34
1,771,868‌
500,000
General
Motors
Co
6
.125
10/01/25
504,739‌
500,000
General
Motors
Co
6
.800
10/01/27
529,406‌
700,000
General
Motors
Co
5
.000
10/01/28
708,707‌
375,000
General
Motors
Co
5
.400
10/15/29
384,451‌
450,000
General
Motors
Co
5
.600
10/15/32
464,182‌
900,000
General
Motors
Co
6
.600
04/01/36
973,819‌
700,000
General
Motors
Co
5
.150
04/01/38
671,068‌
150,000
General
Motors
Co
6
.250
10/02/43
153,929‌
175,000
General
Motors
Co
5
.200
04/01/45
160,401‌
5
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
AUTOMOBILES
&
COMPONENTS
-
0.6%
(continued)
$
350,000
General
Motors
Co
6
.750
%
04/01/46
$
380,939‌
500,000
General
Motors
Co
5
.400
04/01/48
459,580‌
900,000
General
Motors
Co
5
.950
04/01/49
892,077‌
500,000
General
Motors
Financial
Co,
Inc
1
.250
01/08/26
479,760‌
275,000
General
Motors
Financial
Co,
Inc
5
.250
03/01/26
276,845‌
1,000,000
General
Motors
Financial
Co,
Inc
1
.500
06/10/26
951,206‌
525,000
General
Motors
Financial
Co,
Inc
4
.000
10/06/26
520,762‌
1,400,000
General
Motors
Financial
Co,
Inc
4
.350
01/17/27
1,396,947‌
1,000,000
General
Motors
Financial
Co,
Inc
2
.350
02/26/27
951,951‌
800,000
General
Motors
Financial
Co,
Inc
5
.000
04/09/27
808,843‌
1,000,000
General
Motors
Financial
Co,
Inc
2
.700
08/20/27
952,010‌
1,100,000
General
Motors
Financial
Co,
Inc
3
.850
01/05/28
1,076,016‌
1,000,000
General
Motors
Financial
Co,
Inc
6
.000
01/09/28
1,042,217‌
2,000,000
General
Motors
Financial
Co,
Inc
2
.400
04/10/28
1,854,685‌
1,000,000
General
Motors
Financial
Co,
Inc
5
.800
06/23/28
1,037,485‌
1,850,000
General
Motors
Financial
Co,
Inc
2
.400
10/15/28
1,692,388‌
1,000,000
General
Motors
Financial
Co,
Inc
5
.800
01/07/29
1,040,109‌
2,400,000
General
Motors
Financial
Co,
Inc
5
.650
01/17/29
2,472,069‌
1,000,000
General
Motors
Financial
Co,
Inc
4
.300
04/06/29
978,930‌
1,500,000
General
Motors
Financial
Co,
Inc
5
.550
07/15/29
1,546,807‌
2,000,000
General
Motors
Financial
Co,
Inc
4
.900
10/06/29
2,002,268‌
1,000,000
General
Motors
Financial
Co,
Inc
5
.850
04/06/30
1,042,148‌
1,500,000
General
Motors
Financial
Co,
Inc
3
.600
06/21/30
1,401,406‌
2,000,000
General
Motors
Financial
Co,
Inc
2
.350
01/08/31
1,711,945‌
1,450,000
General
Motors
Financial
Co,
Inc
5
.750
02/08/31
1,499,214‌
475,000
General
Motors
Financial
Co,
Inc
2
.700
06/10/31
409,322‌
1,250,000
General
Motors
Financial
Co,
Inc
5
.600
06/18/31
1,283,502‌
1,000,000
General
Motors
Financial
Co,
Inc
3
.100
01/12/32
874,565‌
2,500,000
General
Motors
Financial
Co,
Inc
6
.400
01/09/33
2,665,801‌
1,000,000
General
Motors
Financial
Co,
Inc
6
.100
01/07/34
1,041,493‌
2,500,000
General
Motors
Financial
Co,
Inc
5
.950
04/04/34
2,587,333‌
4,000,000
(a)
General
Motors
Financial
Co,
Inc
5
.450
09/06/34
3,987,617‌
175,000
Harley-Davidson,
Inc
3
.500
07/28/25
172,756‌
200,000
(a)
Harley-Davidson,
Inc
4
.625
07/28/45
173,794‌
326,000
Lear
Corp
3
.800
09/15/27
320,461‌
400,000
Lear
Corp
4
.250
05/15/29
394,489‌
500,000
Lear
Corp
3
.500
05/30/30
468,818‌
600,000
Lear
Corp
2
.600
01/15/32
511,693‌
550,000
(a)
Lear
Corp
5
.250
05/15/49
516,741‌
1,000,000
(a)
Lear
Corp
3
.550
01/15/52
702,081‌
600,000
Magna
International,
Inc
4
.150
10/01/25
598,038‌
175,000
Magna
International,
Inc
2
.450
06/15/30
158,067‌
2,000,000
(a)
Magna
International,
Inc
5
.500
03/21/33
2,127,759‌
925,000
Mercedes-Benz
Finance
North
America
LLC
8
.500
01/18/31
1,120,992‌
1,000,000
Toyota
Motor
Corp
1
.339
03/25/26
960,647‌
1,000,000
Toyota
Motor
Corp
5
.118
07/13/28
1,041,668‌
300,000
Toyota
Motor
Corp
3
.669
07/20/28
297,321‌
1,000,000
Toyota
Motor
Corp
2
.362
03/25/31
901,395‌
1,000,000
Toyota
Motor
Corp
5
.123
07/13/33
1,068,920‌
1,000,000
Toyota
Motor
Credit
Corp
3
.650
08/18/25
995,766‌
1,000,000
Toyota
Motor
Credit
Corp
0
.800
10/16/25
965,421‌
1,000,000
Toyota
Motor
Credit
Corp
0
.800
01/09/26
959,403‌
4,000,000
Toyota
Motor
Credit
Corp
1
.125
06/18/26
3,813,581‌
1,000,000
Toyota
Motor
Credit
Corp
1
.900
01/13/27
955,207‌
1,000,000
Toyota
Motor
Credit
Corp
3
.050
03/22/27
980,363‌
1,000,000
Toyota
Motor
Credit
Corp
5
.450
11/10/27
1,042,136‌
300,000
Toyota
Motor
Credit
Corp
3
.050
01/11/28
290,919‌
1,000,000
Toyota
Motor
Credit
Corp
4
.625
01/12/28
1,018,509‌
1,000,000
Toyota
Motor
Credit
Corp
5
.250
09/11/28
1,041,937‌
400,000
Toyota
Motor
Credit
Corp
3
.650
01/08/29
393,864‌
1,000,000
Toyota
Motor
Credit
Corp
5
.050
05/16/29
1,037,415‌
2,000,000
Toyota
Motor
Credit
Corp
4
.450
06/29/29
2,031,104‌
Bond
Index
6
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
AUTOMOBILES
&
COMPONENTS
-
0.6%
(continued)
$
550,000
Toyota
Motor
Credit
Corp
4
.550
%
08/08/29
$
558,834‌
650,000
Toyota
Motor
Credit
Corp
2
.150
02/13/30
586,528‌
225,000
Toyota
Motor
Credit
Corp
3
.375
04/01/30
215,794‌
1,000,000
Toyota
Motor
Credit
Corp
4
.550
05/17/30
1,017,050‌
1,000,000
Toyota
Motor
Credit
Corp
5
.550
11/20/30
1,068,463‌
1,000,000
Toyota
Motor
Credit
Corp
1
.650
01/10/31
857,728‌
1,000,000
Toyota
Motor
Credit
Corp
5
.100
03/21/31
1,041,890‌
1,000,000
Toyota
Motor
Credit
Corp
1
.900
09/12/31
855,164‌
1,000,000
Toyota
Motor
Credit
Corp
2
.400
01/13/32
876,584‌
1,000,000
Toyota
Motor
Credit
Corp
4
.700
01/12/33
1,019,556‌
1,000,000
Toyota
Motor
Credit
Corp
4
.800
01/05/34
1,019,655‌
TOTAL
AUTOMOBILES
&
COMPONENTS
152,506,027‌
BANKS
-
4.3%
5,000,000
Asian
Development
Bank
3
.625
08/28/29
4,999,910‌
1,000,000
Associated
Banc-Corp
6
.455
08/29/30
1,028,053‌
525,000
Australia
&
New
Zealand
Banking
Group
Ltd
3
.700
11/16/25
522,154‌
1,000,000
Australia
&
New
Zealand
Banking
Group
Ltd
5
.088
12/08/25
1,011,412‌
2,000,000
Australia
&
New
Zealand
Banking
Group
Ltd
4
.750
01/18/27
2,033,281‌
2,000,000
Australia
&
New
Zealand
Banking
Group
Ltd
4
.900
07/16/27
2,052,374‌
1,000,000
Australia
&
New
Zealand
Banking
Group
Ltd
3
.919
09/30/27
998,334‌
1,000,000
Banco
Bilbao
Vizcaya
Argentaria
S.A.
1
.125
09/18/25
969,194‌
1,000,000
Banco
Bilbao
Vizcaya
Argentaria
S.A.
6
.138
09/14/28
1,045,306‌
1,000,000
Banco
Bilbao
Vizcaya
Argentaria
S.A.
5
.381
03/13/29
1,039,530‌
1,200,000
Banco
Bilbao
Vizcaya
Argentaria
S.A.
7
.883
11/15/34
1,376,880‌
1,000,000
Banco
Bilbao
Vizcaya
Argentaria
S.A.
6
.033
03/13/35
1,060,552‌
400,000
Banco
Santander
S.A.
5
.179
11/19/25
400,532‌
1,600,000
Banco
Santander
S.A.
1
.849
03/25/26
1,538,107‌
600,000
Banco
Santander
S.A.
4
.250
04/11/27
597,358‌
1,600,000
Banco
Santander
S.A.
5
.294
08/18/27
1,636,569‌
1,200,000
Banco
Santander
S.A.
1
.722
09/14/27
1,136,773‌
675,000
Banco
Santander
S.A.
3
.800
02/23/28
659,912‌
3,000,000
Banco
Santander
S.A.
5
.552
03/14/28
3,065,182‌
1,000,000
Banco
Santander
S.A.
4
.175
03/24/28
990,447‌
1,800,000
Banco
Santander
S.A.
4
.379
04/12/28
1,791,554‌
1,000,000
Banco
Santander
S.A.
5
.365
07/15/28
1,023,540‌
1,600,000
Banco
Santander
S.A.
5
.588
08/08/28
1,665,585‌
1,000,000
Banco
Santander
S.A.
6
.607
11/07/28
1,085,005‌
600,000
Banco
Santander
S.A.
3
.306
06/27/29
574,133‌
2,000,000
Banco
Santander
S.A.
5
.538
03/14/30
2,068,082‌
400,000
Banco
Santander
S.A.
3
.490
05/28/30
377,735‌
2,000,000
Banco
Santander
S.A.
2
.749
12/03/30
1,767,126‌
1,000,000
Banco
Santander
S.A.
2
.958
03/25/31
906,459‌
1,000,000
Banco
Santander
S.A.
5
.439
07/15/31
1,045,644‌
2,000,000
Banco
Santander
S.A.
3
.225
11/22/32
1,771,367‌
800,000
Banco
Santander
S.A.
6
.921
08/08/33
885,242‌
800,000
Banco
Santander
S.A.
6
.938
11/07/33
926,365‌
1,600,000
Banco
Santander
S.A.
6
.350
03/14/34
1,713,341‌
3,000,000
Bank
of
America
Corp
2
.015
02/13/26
2,965,910‌
2,000,000
Bank
of
America
Corp
4
.827
07/22/26
2,001,068‌
4,500,000
Bank
of
America
Corp
1
.197
10/24/26
4,342,656‌
5,000,000
Bank
of
America
Corp
1
.658
03/11/27
4,806,089‌
7,800,000
Bank
of
America
Corp
3
.559
04/23/27
7,702,811‌
4,500,000
Bank
of
America
Corp
1
.734
07/22/27
4,296,098‌
2,000,000
Bank
of
America
Corp
2
.551
02/04/28
1,921,567‌
3,000,000
Bank
of
America
Corp
4
.376
04/27/28
3,004,752‌
3,000,000
Bank
of
America
Corp
6
.204
11/10/28
3,166,688‌
5,690,000
Bank
of
America
Corp
3
.419
12/20/28
5,535,246‌
2,250,000
Bank
of
America
Corp
3
.970
03/05/29
2,223,490‌
2,000,000
Bank
of
America
Corp
5
.202
04/25/29
2,056,414‌
3,000,000
Bank
of
America
Corp
2
.087
06/14/29
2,770,364‌
1,400,000
Bank
of
America
Corp
4
.271
07/23/29
1,396,311‌
3,000,000
Bank
of
America
Corp
5
.819
09/15/29
3,157,152‌
7
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
BANKS
-
4.3%
(continued)
$
3,075,000
Bank
of
America
Corp
3
.974
%
02/07/30
$
3,021,452‌
1,675,000
Bank
of
America
Corp
3
.194
07/23/30
1,585,377‌
1,050,000
Bank
of
America
Corp
2
.884
10/22/30
975,179‌
4,000,000
Bank
of
America
Corp
2
.496
02/13/31
3,626,195‌
1,750,000
Bank
of
America
Corp
2
.592
04/29/31
1,586,974‌
3,000,000
Bank
of
America
Corp
1
.898
07/23/31
2,602,810‌
3,000,000
Bank
of
America
Corp
1
.922
10/24/31
2,584,921‌
3,000,000
Bank
of
America
Corp
2
.651
03/11/32
2,677,710‌
4,000,000
Bank
of
America
Corp
2
.687
04/22/32
3,567,477‌
5,000,000
Bank
of
America
Corp
2
.299
07/21/32
4,328,262‌
3,000,000
Bank
of
America
Corp
2
.572
10/20/32
2,630,505‌
2,000,000
Bank
of
America
Corp
2
.972
02/04/33
1,791,086‌
2,000,000
Bank
of
America
Corp
4
.571
04/27/33
1,990,394‌
4,000,000
Bank
of
America
Corp
5
.015
07/22/33
4,103,791‌
5,000,000
Bank
of
America
Corp
5
.288
04/25/34
5,198,388‌
4,000,000
Bank
of
America
Corp
5
.872
09/15/34
4,315,435‌
11,000,000
Bank
of
America
Corp
5
.468
01/23/35
11,567,645‌
7,000,000
Bank
of
America
Corp
5
.425
08/15/35
7,175,719‌
4,000,000
Bank
of
America
Corp
2
.482
09/21/36
3,375,204‌
1,500,000
Bank
of
America
Corp
6
.110
01/29/37
1,656,579‌
3,000,000
Bank
of
America
Corp
3
.846
03/08/37
2,773,159‌
4,500,000
Bank
of
America
Corp
4
.078
04/23/40
4,115,419‌
6,000,000
Bank
of
America
Corp
2
.676
06/19/41
4,511,267‌
4,000,000
Bank
of
America
Corp
3
.311
04/22/42
3,248,322‌
1,500,000
Bank
of
America
Corp
5
.000
01/21/44
1,526,045‌
2,800,000
Bank
of
America
Corp
4
.443
01/20/48
2,585,669‌
3,000,000
Bank
of
America
Corp
3
.946
01/23/49
2,563,298‌
1,000,000
Bank
of
America
Corp
2
.831
10/24/51
691,326‌
1,950,000
Bank
of
America
Corp
3
.483
03/13/52
1,530,659‌
2,000,000
Bank
of
America
Corp
2
.972
07/21/52
1,419,495‌
2,000,000
Bank
of
America
NA
5
.526
08/18/26
2,053,489‌
1,500,000
Bank
of
Montreal
1
.250
09/15/26
1,420,087‌
1,000,000
Bank
of
Montreal
5
.266
12/11/26
1,023,702‌
1,000,000
Bank
of
Montreal
0
.949
01/22/27
955,407‌
2,000,000
Bank
of
Montreal
4
.700
09/14/27
2,034,663‌
2,000,000
Bank
of
Montreal
5
.203
02/01/28
2,062,377‌
1,000,000
Bank
of
Montreal
5
.717
09/25/28
1,054,004‌
1,000,000
Bank
of
Montreal
4
.640
09/10/30
1,010,369‌
1,500,000
Bank
of
Montreal
5
.511
06/04/31
1,580,050‌
425,000
Bank
of
Montreal
3
.803
12/15/32
413,025‌
1,250,000
Bank
of
Montreal
3
.088
01/10/37
1,078,724‌
1,550,000
Bank
of
Nova
Scotia
4
.500
12/16/25
1,546,220‌
2,000,000
Bank
of
Nova
Scotia
1
.050
03/02/26
1,914,365‌
2,000,000
Bank
of
Nova
Scotia
1
.350
06/24/26
1,910,519‌
1,000,000
Bank
of
Nova
Scotia
2
.700
08/03/26
974,653‌
3,000,000
Bank
of
Nova
Scotia
1
.300
09/15/26
2,841,816‌
1,000,000
Bank
of
Nova
Scotia
5
.250
06/12/28
1,035,622‌
2,000,000
Bank
of
Nova
Scotia
4
.850
02/01/30
2,046,677‌
1,000,000
Bank
of
Nova
Scotia
2
.450
02/02/32
871,531‌
2,000,000
Bank
of
Nova
Scotia
4
.740
11/10/32
2,006,344‌
750,000
Bank
of
Nova
Scotia
5
.650
02/01/34
803,057‌
750,000
Bank
of
Nova
Scotia
4
.588
05/04/37
713,413‌
975,000
Barclays
plc
4
.375
01/12/26
973,143‌
2,000,000
Barclays
plc
2
.852
05/07/26
1,973,694‌
800,000
Barclays
plc
5
.200
05/12/26
804,991‌
1,000,000
Barclays
plc
7
.325
11/02/26
1,026,106‌
2,000,000
Barclays
plc
2
.279
11/24/27
1,907,140‌
700,000
Barclays
plc
4
.337
01/10/28
695,619‌
1,500,000
Barclays
plc
5
.674
03/12/28
1,541,093‌
1,975,000
Barclays
plc
4
.836
05/09/28
1,976,914‌
1,500,000
Barclays
plc
7
.385
11/02/28
1,620,105‌
1,500,000
Barclays
plc
4
.972
05/16/29
1,516,687‌
Bond
Index
8
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
BANKS
-
4.3%
(continued)
$
1,500,000
Barclays
plc
6
.490
%
09/13/29
$
1,600,544‌
3,000,000
Barclays
plc
5
.690
03/12/30
3,120,742‌
1,000,000
Barclays
plc
5
.088
06/20/30
1,003,206‌
1,850,000
Barclays
plc
4
.942
09/10/30
1,865,290‌
2,000,000
Barclays
plc
2
.645
06/24/31
1,787,921‌
1,500,000
Barclays
plc
2
.667
03/10/32
1,316,413‌
2,000,000
Barclays
plc
2
.894
11/24/32
1,754,095‌
1,300,000
Barclays
plc
5
.746
08/09/33
1,359,545‌
2,500,000
Barclays
plc
7
.437
11/02/33
2,886,324‌
3,000,000
Barclays
plc
6
.224
05/09/34
3,232,096‌
1,000,000
(a)
Barclays
plc
7
.119
06/27/34
1,113,534‌
950,000
Barclays
plc
6
.692
09/13/34
1,056,452‌
3,000,000
Barclays
plc
5
.335
09/10/35
3,033,386‌
1,750,000
Barclays
plc
3
.564
09/23/35
1,591,808‌
1,000,000
(a)
Barclays
plc
3
.811
03/10/42
823,828‌
775,000
Barclays
plc
5
.250
08/17/45
785,485‌
1,200,000
Barclays
plc
6
.036
03/12/55
1,313,227‌
300,000
BPCE
S.A.
3
.375
12/02/26
294,822‌
1,000,000
Brookfield
Finance
LLC
3
.450
04/15/50
744,121‌
1,000,000
Canadian
Imperial
Bank
of
Commerce
0
.950
10/23/25
965,114‌
1,000,000
Canadian
Imperial
Bank
of
Commerce
1
.250
06/22/26
952,302‌
1,500,000
Canadian
Imperial
Bank
of
Commerce
3
.450
04/07/27
1,473,137‌
1,500,000
Canadian
Imperial
Bank
of
Commerce
5
.001
04/28/28
1,536,514‌
1,500,000
Canadian
Imperial
Bank
of
Commerce
5
.986
10/03/28
1,593,289‌
3,000,000
Canadian
Imperial
Bank
of
Commerce
5
.260
04/08/29
3,117,413‌
1,000,000
Canadian
Imperial
Bank
of
Commerce
4
.631
09/11/30
1,006,397‌
1,500,000
Canadian
Imperial
Bank
of
Commerce
3
.600
04/07/32
1,405,138‌
350,000
Canadian
Imperial
Bank
of
Commerce
6
.092
10/03/33
382,320‌
3,000,000
CitiBank
NA
5
.488
12/04/26
3,086,554‌
5,000,000
CitiBank
NA
5
.803
09/29/28
5,292,853‌
1,000,000
CitiBank
NA
4
.838
08/06/29
1,023,355‌
650,000
CitiBank
NA
5
.570
04/30/34
693,422‌
1,000,000
Citigroup,
Inc
3
.700
01/12/26
993,264‌
750,000
Citigroup,
Inc
4
.600
03/09/26
751,993‌
3,000,000
Citigroup,
Inc
5
.610
09/29/26
3,026,004‌
1,100,000
Citigroup,
Inc
4
.300
11/20/26
1,098,884‌
4,000,000
Citigroup,
Inc
1
.122
01/28/27
3,826,804‌
5,000,000
Citigroup,
Inc
1
.462
06/09/27
4,763,661‌
1,500,000
Citigroup,
Inc
4
.450
09/29/27
1,502,089‌
5,000,000
Citigroup,
Inc
3
.070
02/24/28
4,859,528‌
3,000,000
Citigroup,
Inc
4
.658
05/24/28
3,025,366‌
1,000,000
Citigroup,
Inc
3
.668
07/24/28
982,187‌
2,025,000
Citigroup,
Inc
4
.125
07/25/28
2,008,588‌
4,000,000
Citigroup,
Inc
4
.075
04/23/29
3,960,759‌
2,000,000
Citigroup,
Inc
5
.174
02/13/30
2,054,482‌
1,750,000
Citigroup,
Inc
3
.980
03/20/30
1,713,732‌
3,550,000
Citigroup,
Inc
4
.542
09/19/30
3,554,117‌
5,000,000
Citigroup,
Inc
2
.666
01/29/31
4,555,357‌
2,200,000
Citigroup,
Inc
4
.412
03/31/31
2,184,731‌
6,000,000
Citigroup,
Inc
2
.572
06/03/31
5,399,479‌
5,000,000
Citigroup,
Inc
2
.561
05/01/32
4,394,611‌
175,000
Citigroup,
Inc
6
.625
06/15/32
193,867‌
875,000
Citigroup,
Inc
2
.520
11/03/32
759,425‌
4,000,000
Citigroup,
Inc
3
.057
01/25/33
3,572,676‌
1,000,000
Citigroup,
Inc
3
.785
03/17/33
936,761‌
1,775,000
Citigroup,
Inc
4
.910
05/24/33
1,789,136‌
3,000,000
Citigroup,
Inc
6
.270
11/17/33
3,295,547‌
425,000
Citigroup,
Inc
6
.174
05/25/34
453,473‌
2,000,000
Citigroup,
Inc
5
.827
02/13/35
2,088,693‌
10,000,000
Citigroup,
Inc
5
.449
06/11/35
10,430,151‌
750,000
Citigroup,
Inc
3
.878
01/24/39
668,224‌
325,000
Citigroup,
Inc
8
.125
07/15/39
431,231‌
9
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
BANKS
-
4.3%
(continued)
$
2,000,000
Citigroup,
Inc
5
.411
%
09/19/39
$
1,994,358‌
350,000
Citigroup,
Inc
5
.875
01/30/42
384,447‌
2,000,000
(a)
Citigroup,
Inc
2
.904
11/03/42
1,507,083‌
400,000
Citigroup,
Inc
6
.675
09/13/43
471,679‌
125,000
Citigroup,
Inc
5
.300
05/06/44
127,173‌
675,000
Citigroup,
Inc
4
.650
07/30/45
642,086‌
3,075,000
Citigroup,
Inc
4
.750
05/18/46
2,885,246‌
4,075,000
Citigroup,
Inc
4
.650
07/23/48
3,844,068‌
250,000
Citizens
Bank
NA
3
.750
02/18/26
246,613‌
1,000,000
Citizens
Bank
NA
4
.575
08/09/28
998,916‌
500,000
Citizens
Financial
Group,
Inc
2
.850
07/27/26
484,167‌
550,000
Citizens
Financial
Group,
Inc
5
.841
01/23/30
572,149‌
200,000
Citizens
Financial
Group,
Inc
2
.500
02/06/30
177,926‌
450,000
Citizens
Financial
Group,
Inc
3
.250
04/30/30
416,979‌
1,000,000
Citizens
Financial
Group,
Inc
5
.718
07/23/32
1,037,051‌
850,000
Citizens
Financial
Group,
Inc
2
.638
09/30/32
700,891‌
1,500,000
Citizens
Financial
Group,
Inc
6
.645
04/25/35
1,646,839‌
500,000
Citizens
Financial
Group,
Inc
5
.641
05/21/37
494,993‌
200,000
Comerica
Bank
4
.000
07/27/25
198,271‌
1,000,000
Comerica
Bank
5
.332
08/25/33
961,974‌
550,000
Comerica,
Inc
4
.000
02/01/29
532,462‌
1,000,000
Comerica,
Inc
5
.982
01/30/30
1,030,885‌
1,500,000
Commonwealth
Bank
of
Australia
5
.316
03/13/26
1,527,799‌
2,700,000
Cooperatieve
Rabobank
UA
3
.750
07/21/26
2,659,577‌
1,000,000
Cooperatieve
Rabobank
UA
4
.333
08/28/26
1,006,367‌
1,000,000
Cooperatieve
Rabobank
UA
5
.500
10/05/26
1,028,339‌
1,500,000
Cooperatieve
Rabobank
UA
5
.041
03/05/27
1,534,899‌
1,000,000
(a)
Cooperatieve
Rabobank
UA
4
.800
01/09/29
1,025,909‌
550,000
Cooperatieve
Rabobank
UA
5
.250
05/24/41
580,954‌
1,400,000
Cooperatieve
Rabobank
UA
5
.750
12/01/43
1,498,913‌
600,000
Cooperatieve
Rabobank
UA
5
.250
08/04/45
618,701‌
1,000,000
Credit
Suisse
AG.
1
.250
08/07/26
949,126‌
1,350,000
Credit
Suisse
AG.
5
.000
07/09/27
1,379,608‌
2,000,000
Credit
Suisse
AG.
7
.500
02/15/28
2,196,777‌
2,000,000
Deutsche
Bank
AG.
1
.686
03/19/26
1,926,643‌
2,000,000
Deutsche
Bank
AG.
2
.129
11/24/26
1,936,770‌
600,000
Deutsche
Bank
AG.
7
.146
07/13/27
624,534‌
1,050,000
Deutsche
Bank
AG.
2
.311
11/16/27
998,930‌
2,000,000
Deutsche
Bank
AG.
5
.706
02/08/28
2,043,255‌
2,500,000
Deutsche
Bank
AG.
5
.414
05/10/29
2,597,389‌
350,000
Deutsche
Bank
AG.
6
.819
11/20/29
376,763‌
650,000
Deutsche
Bank
AG.
4
.999
09/11/30
653,508‌
825,000
Deutsche
Bank
AG.
3
.547
09/18/31
769,058‌
1,000,000
Deutsche
Bank
AG.
3
.729
01/14/32
897,439‌
1,500,000
Deutsche
Bank
AG.
5
.403
09/11/35
1,509,679‌
300,000
Fifth
Third
Bancorp
2
.550
05/05/27
287,561‌
1,000,000
Fifth
Third
Bancorp
1
.707
11/01/27
946,183‌
500,000
Fifth
Third
Bancorp
3
.950
03/14/28
493,646‌
1,000,000
Fifth
Third
Bancorp
4
.055
04/25/28
988,650‌
1,000,000
Fifth
Third
Bancorp
6
.361
10/27/28
1,053,342‌
200,000
Fifth
Third
Bancorp
6
.339
07/27/29
212,585‌
1,000,000
Fifth
Third
Bancorp
4
.772
07/28/30
1,007,722‌
1,000,000
Fifth
Third
Bancorp
4
.895
09/06/30
1,012,689‌
1,300,000
Fifth
Third
Bancorp
5
.631
01/29/32
1,357,874‌
140,000
Fifth
Third
Bancorp
8
.250
03/01/38
176,313‌
2,400,000
Fifth
Third
Bank
NA
3
.850
03/15/26
2,374,421‌
1,000,000
Fifth
Third
Bank
NA
2
.250
02/01/27
955,160‌
500,000
First
Citizens
BancShares,
Inc
3
.375
03/15/30
489,400‌
500,000
(a)
First
Horizon
Bank
5
.750
05/01/30
507,677‌
500,000
First
Horizon
Corp
4
.000
05/26/25
495,525‌
33,000
HSBC
Bank
USA
NA
7
.000
01/15/39
39,203‌
450,000
HSBC
Holdings
plc
4
.250
08/18/25
447,705‌
Bond
Index
10
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
BANKS
-
4.3%
(continued)
$
2,000,000
HSBC
Holdings
plc
2
.633
%
11/07/25
$
1,994,030‌
1,500,000
HSBC
Holdings
plc
2
.099
06/04/26
1,471,466‌
1,100,000
HSBC
Holdings
plc
4
.292
09/12/26
1,094,972‌
450,000
HSBC
Holdings
plc
4
.375
11/23/26
448,109‌
2,000,000
HSBC
Holdings
plc
5
.887
08/14/27
2,054,276‌
3,925,000
HSBC
Holdings
plc
4
.041
03/13/28
3,884,598‌
2,000,000
HSBC
Holdings
plc
5
.597
05/17/28
2,056,132‌
1,500,000
HSBC
Holdings
plc
4
.755
06/09/28
1,510,753‌
1,500,000
HSBC
Holdings
plc
5
.210
08/11/28
1,530,507‌
5,000,000
HSBC
Holdings
plc
2
.013
09/22/28
4,665,069‌
1,575,000
HSBC
Holdings
plc
7
.390
11/03/28
1,705,092‌
975,000
HSBC
Holdings
plc
6
.161
03/09/29
1,026,524‌
2,500,000
HSBC
Holdings
plc
4
.583
06/19/29
2,503,203‌
1,600,000
HSBC
Holdings
plc
2
.206
08/17/29
1,466,990‌
2,000,000
HSBC
Holdings
plc
5
.546
03/04/30
2,079,287‌
4,000,000
HSBC
Holdings
plc
3
.973
05/22/30
3,897,528‌
3,000,000
HSBC
Holdings
plc
2
.848
06/04/31
2,730,934‌
750,000
HSBC
Holdings
plc
2
.357
08/18/31
659,329‌
5,000,000
HSBC
Holdings
plc
5
.733
05/17/32
5,267,141‌
2,350,000
HSBC
Holdings
plc
2
.804
05/24/32
2,079,227‌
3,500,000
HSBC
Holdings
plc
2
.871
11/22/32
3,077,585‌
1,500,000
HSBC
Holdings
plc
4
.762
03/29/33
1,479,106‌
1,825,000
HSBC
Holdings
plc
5
.402
08/11/33
1,890,523‌
2,000,000
HSBC
Holdings
plc
8
.113
11/03/33
2,378,091‌
2,000,000
HSBC
Holdings
plc
6
.254
03/09/34
2,184,799‌
2,000,000
HSBC
Holdings
plc
6
.547
06/20/34
2,188,332‌
2,000,000
HSBC
Holdings
plc
7
.399
11/13/34
2,296,422‌
3,000,000
(a)
HSBC
Holdings
plc
5
.719
03/04/35
3,188,022‌
300,000
HSBC
Holdings
plc
6
.500
05/02/36
325,715‌
2,700,000
HSBC
Holdings
plc
6
.500
09/15/37
2,964,950‌
200,000
HSBC
Holdings
plc
6
.800
06/01/38
225,618‌
550,000
(a)
HSBC
Holdings
plc
6
.100
01/14/42
632,300‌
2,000,000
HSBC
Holdings
plc
6
.332
03/09/44
2,259,144‌
1,175,000
(a)
HSBC
Holdings
plc
5
.250
03/14/44
1,167,725‌
1,000,000
Huntington
Bancshares,
Inc
4
.443
08/04/28
1,001,297‌
675,000
Huntington
Bancshares,
Inc
6
.208
08/21/29
714,081‌
1,000,000
Huntington
Bancshares,
Inc
2
.550
02/04/30
902,866‌
500,000
Huntington
Bancshares,
Inc
5
.023
05/17/33
496,352‌
1,000,000
Huntington
Bancshares,
Inc
5
.709
02/02/35
1,041,056‌
500,000
Huntington
Bancshares,
Inc
2
.487
08/15/36
407,205‌
1,000,000
Huntington
National
Bank
4
.552
05/17/28
1,000,748‌
1,500,000
Huntington
National
Bank
5
.650
01/10/30
1,569,780‌
4,750,000
Industrial
&
Commercial
Bank
of
China
Ltd
3
.538
11/08/27
4,681,362‌
1,250,000
ING
Groep
NV
3
.950
03/29/27
1,240,083‌
1,500,000
ING
Groep
NV
1
.726
04/01/27
1,439,528‌
600,000
ING
Groep
NV
4
.017
03/28/28
595,609‌
1,500,000
ING
Groep
NV
4
.550
10/02/28
1,511,066‌
1,325,000
ING
Groep
NV
4
.050
04/09/29
1,309,505‌
3,000,000
ING
Groep
NV
5
.335
03/19/30
3,105,011‌
475,000
ING
Groep
NV
2
.727
04/01/32
423,525‌
300,000
ING
Groep
NV
4
.252
03/28/33
291,410‌
200,000
ING
Groep
NV
6
.114
09/11/34
218,129‌
3,000,000
ING
Groep
NV
5
.550
03/19/35
3,144,539‌
3,000,000
Inter-American
Development
Bank
3
.625
09/17/31
2,974,376‌
3,125,000
JPMorgan
Chase
&
Co
3
.300
04/01/26
3,085,709‌
1,450,000
JPMorgan
Chase
&
Co
3
.200
06/15/26
1,428,746‌
1,000,000
JPMorgan
Chase
&
Co
2
.950
10/01/26
980,043‌
4,000,000
JPMorgan
Chase
&
Co
1
.045
11/19/26
3,843,727‌
1,350,000
JPMorgan
Chase
&
Co
4
.125
12/15/26
1,349,445‌
2,450,000
JPMorgan
Chase
&
Co
3
.960
01/29/27
2,435,986‌
4,000,000
JPMorgan
Chase
&
Co
1
.040
02/04/27
3,824,206‌
5,200,000
JPMorgan
Chase
&
Co
1
.578
04/22/27
4,981,440‌
11
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
BANKS
-
4.3%
(continued)
$
3,000,000
JPMorgan
Chase
&
Co
1
.470
%
09/22/27
$
2,841,557‌
250,000
JPMorgan
Chase
&
Co
4
.250
10/01/27
251,740‌
325,000
JPMorgan
Chase
&
Co
3
.625
12/01/27
320,103‌
1,375,000
JPMorgan
Chase
&
Co
3
.782
02/01/28
1,359,988‌
1,000,000
JPMorgan
Chase
&
Co
2
.947
02/24/28
969,862‌
925,000
JPMorgan
Chase
&
Co
5
.571
04/22/28
953,739‌
4,000,000
JPMorgan
Chase
&
Co
4
.323
04/26/28
4,007,986‌
425,000
JPMorgan
Chase
&
Co
3
.540
05/01/28
417,315‌
6,000,000
JPMorgan
Chase
&
Co
2
.182
06/01/28
5,689,522‌
2,000,000
JPMorgan
Chase
&
Co
4
.979
07/22/28
2,039,003‌
1,000,000
JPMorgan
Chase
&
Co
4
.851
07/25/28
1,017,438‌
3,000,000
JPMorgan
Chase
&
Co
2
.069
06/01/29
2,775,552‌
2,050,000
JPMorgan
Chase
&
Co
4
.203
07/23/29
2,042,372‌
3,000,000
JPMorgan
Chase
&
Co
5
.299
07/24/29
3,104,109‌
2,500,000
JPMorgan
Chase
&
Co
6
.087
10/23/29
2,665,079‌
1,750,000
JPMorgan
Chase
&
Co
4
.452
12/05/29
1,758,115‌
5,000,000
JPMorgan
Chase
&
Co
5
.012
01/23/30
5,128,016‌
2,825,000
JPMorgan
Chase
&
Co
5
.581
04/22/30
2,965,093‌
4,500,000
JPMorgan
Chase
&
Co
3
.702
05/06/30
4,376,818‌
1,500,000
JPMorgan
Chase
&
Co
4
.565
06/14/30
1,513,510‌
4,000,000
JPMorgan
Chase
&
Co
4
.995
07/22/30
4,112,903‌
2,000,000
JPMorgan
Chase
&
Co
2
.522
04/22/31
1,816,619‌
1,425,000
JPMorgan
Chase
&
Co
2
.956
05/13/31
1,310,642‌
5,000,000
JPMorgan
Chase
&
Co
1
.764
11/19/31
4,297,913‌
2,250,000
JPMorgan
Chase
&
Co
1
.953
02/04/32
1,933,352‌
3,000,000
JPMorgan
Chase
&
Co
2
.580
04/22/32
2,675,504‌
3,000,000
JPMorgan
Chase
&
Co
2
.545
11/08/32
2,638,932‌
6,000,000
JPMorgan
Chase
&
Co
2
.963
01/25/33
5,399,425‌
2,000,000
JPMorgan
Chase
&
Co
4
.586
04/26/33
2,000,424‌
2,000,000
JPMorgan
Chase
&
Co
4
.912
07/25/33
2,042,758‌
4,000,000
JPMorgan
Chase
&
Co
5
.717
09/14/33
4,241,053‌
5,325,000
JPMorgan
Chase
&
Co
5
.350
06/01/34
5,572,161‌
2,500,000
JPMorgan
Chase
&
Co
6
.254
10/23/34
2,780,479‌
6,000,000
JPMorgan
Chase
&
Co
5
.336
01/23/35
6,271,495‌
4,025,000
JPMorgan
Chase
&
Co
5
.766
04/22/35
4,337,411‌
4,675,000
JPMorgan
Chase
&
Co
5
.294
07/22/35
4,875,715‌
958,000
JPMorgan
Chase
&
Co
5
.500
10/15/40
1,025,547‌
2,000,000
JPMorgan
Chase
&
Co
3
.109
04/22/41
1,610,648‌
4,500,000
JPMorgan
Chase
&
Co
2
.525
11/19/41
3,320,349‌
2,500,000
JPMorgan
Chase
&
Co
3
.157
04/22/42
2,005,534‌
1,000,000
JPMorgan
Chase
&
Co
5
.625
08/16/43
1,087,028‌
1,800,000
JPMorgan
Chase
&
Co
4
.950
06/01/45
1,797,534‌
2,050,000
JPMorgan
Chase
&
Co
4
.260
02/22/48
1,858,955‌
1,000,000
JPMorgan
Chase
&
Co
4
.032
07/24/48
873,170‌
4,500,000
JPMorgan
Chase
&
Co
3
.964
11/15/48
3,886,342‌
1,750,000
JPMorgan
Chase
&
Co
3
.897
01/23/49
1,495,344‌
2,000,000
JPMorgan
Chase
&
Co
3
.109
04/22/51
1,477,695‌
1,500,000
JPMorgan
Chase
&
Co
3
.328
04/22/52
1,156,365‌
2,000,000
JPMorgan
Chase
Bank
NA
5
.110
12/08/26
2,044,970‌
300,000
KeyBank
NA
3
.400
05/20/26
292,994‌
1,000,000
(a)
KeyBank
NA
5
.850
11/15/27
1,036,921‌
1,000,000
KeyBank
NA
4
.390
12/14/27
990,664‌
250,000
KeyBank
NA
3
.900
04/13/29
239,103‌
1,500,000
(a)
KeyBank
NA
4
.900
08/08/32
1,460,152‌
625,000
KeyBank
NA
5
.000
01/26/33
619,321‌
200,000
KeyCorp
4
.150
10/29/25
198,955‌
500,000
KeyCorp
4
.100
04/30/28
492,619‌
1,000,000
KeyCorp
2
.550
10/01/29
906,101‌
300,000
KeyCorp
4
.789
06/01/33
293,700‌
1,500,000
KeyCorp
6
.401
03/06/35
1,630,888‌
5,000,000
Kreditanstalt
fuer
Wiederaufbau
5
.000
03/16/26
5,083,002‌
5,000,000
Kreditanstalt
fuer
Wiederaufbau
4
.625
08/07/26
5,079,182‌
Bond
Index
12
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
BANKS
-
4.3%
(continued)
$
3,455,000
Kreditanstalt
fuer
Wiederaufbau
3
.500
%
08/27/27
$
3,439,995‌
1,950,000
Kreditanstalt
fuer
Wiederaufbau
4
.000
03/15/29
1,980,497‌
3,000,000
Kreditanstalt
fuer
Wiederaufbau
4
.125
07/15/33
3,057,276‌
1,000,000
Landwirtschaftliche
Rentenbank
4
.625
04/17/29
1,039,400‌
325,000
Lloyds
Banking
Group
plc
4
.582
12/10/25
323,852‌
225,000
Lloyds
Banking
Group
plc
4
.650
03/24/26
224,554‌
500,000
Lloyds
Banking
Group
plc
3
.750
01/11/27
494,477‌
2,000,000
Lloyds
Banking
Group
plc
1
.627
05/11/27
1,911,005‌
1,000,000
Lloyds
Banking
Group
plc
5
.985
08/07/27
1,026,402‌
1,000,000
Lloyds
Banking
Group
plc
3
.750
03/18/28
984,838‌
500,000
Lloyds
Banking
Group
plc
4
.375
03/22/28
499,076‌
700,000
Lloyds
Banking
Group
plc
4
.550
08/16/28
704,116‌
1,825,000
Lloyds
Banking
Group
plc
3
.574
11/07/28
1,777,627‌
500,000
Lloyds
Banking
Group
plc
5
.871
03/06/29
521,521‌
3,000,000
Lloyds
Banking
Group
plc
5
.721
06/05/30
3,143,666‌
1,250,000
Lloyds
Banking
Group
plc
4
.976
08/11/33
1,262,454‌
1,500,000
Lloyds
Banking
Group
plc
7
.953
11/15/33
1,755,275‌
3,000,000
Lloyds
Banking
Group
plc
5
.679
01/05/35
3,155,987‌
1,550,000
Lloyds
Banking
Group
plc
4
.344
01/09/48
1,316,534‌
1,000,000
M&T
Bank
Corp
7
.413
10/30/29
1,095,370‌
1,000,000
M&T
Bank
Corp
6
.082
03/13/32
1,058,340‌
1,500,000
M&T
Bank
Corp
5
.053
01/27/34
1,487,848‌
1,000,000
Manufacturers
&
Traders
Trust
Co
5
.400
11/21/25
1,006,231‌
1,000,000
Manufacturers
&
Traders
Trust
Co
4
.700
01/27/28
1,005,263‌
207,000
Mitsubishi
UFJ
Financial
Group,
Inc
3
.850
03/01/26
205,736‌
225,000
Mitsubishi
UFJ
Financial
Group,
Inc
2
.757
09/13/26
219,022‌
650,000
Mitsubishi
UFJ
Financial
Group,
Inc
3
.677
02/22/27
643,837‌
700,000
Mitsubishi
UFJ
Financial
Group,
Inc
3
.287
07/25/27
686,149‌
750,000
Mitsubishi
UFJ
Financial
Group,
Inc
1
.640
10/13/27
711,216‌
1,000,000
Mitsubishi
UFJ
Financial
Group,
Inc
2
.341
01/19/28
956,940‌
1,000,000
Mitsubishi
UFJ
Financial
Group,
Inc
3
.961
03/02/28
995,232‌
1,000,000
Mitsubishi
UFJ
Financial
Group,
Inc
4
.080
04/19/28
994,527‌
1,000,000
Mitsubishi
UFJ
Financial
Group,
Inc
5
.017
07/20/28
1,020,399‌
300,000
Mitsubishi
UFJ
Financial
Group,
Inc
4
.050
09/11/28
299,095‌
1,000,000
Mitsubishi
UFJ
Financial
Group,
Inc
5
.354
09/13/28
1,029,841‌
2,500,000
Mitsubishi
UFJ
Financial
Group,
Inc
5
.422
02/22/29
2,584,995‌
1,250,000
(a)
Mitsubishi
UFJ
Financial
Group,
Inc
3
.741
03/07/29
1,228,843‌
1,000,000
Mitsubishi
UFJ
Financial
Group,
Inc
5
.242
04/19/29
1,031,122‌
1,000,000
Mitsubishi
UFJ
Financial
Group,
Inc
3
.195
07/18/29
952,970‌
1,500,000
Mitsubishi
UFJ
Financial
Group,
Inc
2
.559
02/25/30
1,366,787‌
1,000,000
Mitsubishi
UFJ
Financial
Group,
Inc
5
.258
04/17/30
1,034,154‌
1,250,000
Mitsubishi
UFJ
Financial
Group,
Inc
2
.048
07/17/30
1,099,836‌
2,500,000
Mitsubishi
UFJ
Financial
Group,
Inc
5
.475
02/22/31
2,622,462‌
1,700,000
Mitsubishi
UFJ
Financial
Group,
Inc
2
.309
07/20/32
1,474,970‌
500,000
Mitsubishi
UFJ
Financial
Group,
Inc
2
.494
10/13/32
436,159‌
1,000,000
Mitsubishi
UFJ
Financial
Group,
Inc
2
.852
01/19/33
888,223‌
1,000,000
Mitsubishi
UFJ
Financial
Group,
Inc
4
.315
04/19/33
977,938‌
1,000,000
Mitsubishi
UFJ
Financial
Group,
Inc
5
.133
07/20/33
1,030,601‌
1,000,000
Mitsubishi
UFJ
Financial
Group,
Inc
5
.472
09/13/33
1,056,385‌
2,500,000
Mitsubishi
UFJ
Financial
Group,
Inc
5
.441
02/22/34
2,634,107‌
1,000,000
(a)
Mitsubishi
UFJ
Financial
Group,
Inc
5
.406
04/19/34
1,053,621‌
1,050,000
Mitsubishi
UFJ
Financial
Group,
Inc
5
.426
04/17/35
1,103,836‌
300,000
(a)
Mitsubishi
UFJ
Financial
Group,
Inc
4
.286
07/26/38
289,456‌
500,000
(a)
Mitsubishi
UFJ
Financial
Group,
Inc
4
.153
03/07/39
472,475‌
1,425,000
Mitsubishi
UFJ
Financial
Group,
Inc
3
.751
07/18/39
1,274,870‌
200,000
Mizuho
Financial
Group,
Inc
3
.663
02/28/27
197,225‌
1,000,000
Mizuho
Financial
Group,
Inc
1
.234
05/22/27
950,058‌
1,000,000
Mizuho
Financial
Group,
Inc
1
.554
07/09/27
951,368‌
725,000
Mizuho
Financial
Group,
Inc
4
.018
03/05/28
719,391‌
1,000,000
Mizuho
Financial
Group,
Inc
5
.667
05/27/29
1,042,509‌
1,500,000
Mizuho
Financial
Group,
Inc
5
.778
07/06/29
1,568,971‌
625,000
Mizuho
Financial
Group,
Inc
4
.254
09/11/29
620,543‌
13
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
BANKS
-
4.3%
(continued)
$
1,000,000
Mizuho
Financial
Group,
Inc
3
.261
%
05/22/30
$
950,306‌
1,500,000
Mizuho
Financial
Group,
Inc
5
.376
05/26/30
1,556,304‌
1,000,000
Mizuho
Financial
Group,
Inc
5
.382
07/10/30
1,036,871‌
1,000,000
Mizuho
Financial
Group,
Inc
3
.153
07/16/30
940,554‌
500,000
Mizuho
Financial
Group,
Inc
2
.869
09/13/30
461,711‌
500,000
Mizuho
Financial
Group,
Inc
2
.591
05/25/31
450,289‌
1,000,000
Mizuho
Financial
Group,
Inc
5
.739
05/27/31
1,057,781‌
1,000,000
Mizuho
Financial
Group,
Inc
2
.201
07/10/31
879,545‌
1,000,000
Mizuho
Financial
Group,
Inc
1
.979
09/08/31
864,147‌
700,000
Mizuho
Financial
Group,
Inc
2
.564
09/13/31
600,755‌
1,000,000
Mizuho
Financial
Group,
Inc
2
.172
05/22/32
856,132‌
500,000
Mizuho
Financial
Group,
Inc
2
.260
07/09/32
427,910‌
1,000,000
Mizuho
Financial
Group,
Inc
5
.669
09/13/33
1,058,170‌
1,000,000
Mizuho
Financial
Group,
Inc
5
.754
05/27/34
1,066,728‌
1,500,000
Mizuho
Financial
Group,
Inc
5
.748
07/06/34
1,599,923‌
1,000,000
(a)
Mizuho
Financial
Group,
Inc
5
.579
05/26/35
1,055,299‌
1,500,000
Morgan
Stanley
Bank
NA
4
.952
01/14/28
1,522,622‌
1,125,000
Morgan
Stanley
Bank
NA
5
.504
05/26/28
1,160,462‌
2,000,000
Morgan
Stanley
Bank
NA
4
.968
07/14/28
2,040,584‌
300,000
National
Australia
Bank
Ltd
3
.375
01/14/26
297,455‌
750,000
National
Australia
Bank
Ltd
2
.500
07/12/26
731,075‌
1,000,000
National
Australia
Bank
Ltd
3
.905
06/09/27
998,824‌
2,000,000
National
Australia
Bank
Ltd
5
.087
06/11/27
2,055,416‌
2,000,000
National
Australia
Bank
Ltd
4
.944
01/12/28
2,052,164‌
1,500,000
National
Australia
Bank
Ltd
4
.900
06/13/28
1,539,723‌
1,000,000
National
Australia
Bank
Ltd
4
.787
01/10/29
1,027,383‌
1,500,000
National
Bank
of
Canada
5
.600
12/18/28
1,568,089‌
750,000
NatWest
Group
plc
4
.800
04/05/26
753,429‌
2,000,000
NatWest
Group
plc
7
.472
11/10/26
2,058,893‌
800,000
NatWest
Group
plc
1
.642
06/14/27
762,565‌
300,000
NatWest
Group
plc
3
.073
05/22/28
289,842‌
700,000
NatWest
Group
plc
5
.516
09/30/28
722,322‌
1,000,000
NatWest
Group
plc
4
.892
05/18/29
1,010,413‌
1,000,000
NatWest
Group
plc
5
.808
09/13/29
1,047,196‌
750,000
NatWest
Group
plc
3
.754
11/01/29
748,855‌
3,000,000
NatWest
Group
plc
5
.076
01/27/30
3,055,812‌
1,500,000
NatWest
Group
plc
4
.445
05/08/30
1,489,542‌
2,000,000
NatWest
Group
plc
4
.964
08/15/30
2,030,992‌
1,500,000
NatWest
Group
plc
6
.016
03/02/34
1,621,439‌
1,000,000
NatWest
Group
plc
6
.475
06/01/34
1,052,315‌
1,000,000
NatWest
Group
plc
5
.778
03/01/35
1,063,417‌
800,000
NatWest
Group
plc
3
.032
11/28/35
711,534‌
2,000,000
Oesterreichische
Kontrollbank
AG.
0
.375
09/17/25
1,930,486‌
2,500,000
Oesterreichische
Kontrollbank
AG.
0
.500
02/02/26
2,387,600‌
2,000,000
Oesterreichische
Kontrollbank
AG.
4
.250
03/01/28
2,037,527‌
800,000
Oesterreichische
Kontrollbank
AG.
4
.125
01/18/29
814,212‌
3,000,000
Oesterreichische
Kontrollbank
AG.
3
.750
09/05/29
3,012,021‌
903,000
PNC
Bank
NA
4
.050
07/26/28
896,106‌
475,000
PNC
Bank
NA
2
.700
10/22/29
435,100‌
1,500,000
PNC
Financial
Services
Group,
Inc
2
.600
07/23/26
1,458,782‌
3,000,000
PNC
Financial
Services
Group,
Inc
1
.150
08/13/26
2,839,673‌
300,000
PNC
Financial
Services
Group,
Inc
3
.150
05/19/27
292,517‌
1,000,000
PNC
Financial
Services
Group,
Inc
5
.300
01/21/28
1,023,339‌
1,500,000
PNC
Financial
Services
Group,
Inc
5
.354
12/02/28
1,550,279‌
1,575,000
PNC
Financial
Services
Group,
Inc
3
.450
04/23/29
1,530,566‌
2,000,000
PNC
Financial
Services
Group,
Inc
5
.582
06/12/29
2,081,760‌
2,000,000
PNC
Financial
Services
Group,
Inc
2
.550
01/22/30
1,834,417‌
1,500,000
PNC
Financial
Services
Group,
Inc
5
.492
05/14/30
1,567,453‌
750,000
PNC
Financial
Services
Group,
Inc
4
.626
06/06/33
739,330‌
1,000,000
PNC
Financial
Services
Group,
Inc
6
.037
10/28/33
1,080,440‌
900,000
PNC
Financial
Services
Group,
Inc
5
.068
01/24/34
912,469‌
4,000,000
PNC
Financial
Services
Group,
Inc
5
.939
08/18/34
4,313,250‌
Bond
Index
14
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
BANKS
-
4.3%
(continued)
$
2,000,000
PNC
Financial
Services
Group,
Inc
6
.875
%
10/20/34
$
2,289,958‌
1,000,000
PNC
Financial
Services
Group,
Inc
5
.676
01/22/35
1,060,117‌
1,000,000
PNC
Financial
Services
Group,
Inc
5
.401
07/23/35
1,042,802‌
825,000
PNC
Financial
Services
Group,
Inc
6
.200
N/A(b)
839,848‌
300,000
Regions
Bank
6
.450
06/26/37
322,735‌
1,000,000
Regions
Financial
Corp
1
.800
08/12/28
903,062‌
1,000,000
Regions
Financial
Corp
5
.722
06/06/30
1,035,929‌
1,000,000
Regions
Financial
Corp
5
.502
09/06/35
1,017,632‌
2,000,000
Royal
Bank
of
Canada
1
.200
04/27/26
1,913,855‌
2,000,000
Royal
Bank
of
Canada
1
.150
07/14/26
1,898,338‌
1,500,000
Royal
Bank
of
Canada
1
.400
11/02/26
1,421,785‌
1,000,000
Royal
Bank
of
Canada
3
.625
05/04/27
990,600‌
1,000,000
Royal
Bank
of
Canada
4
.240
08/03/27
1,006,144‌
1,500,000
Royal
Bank
of
Canada
6
.000
11/01/27
1,583,059‌
1,500,000
Royal
Bank
of
Canada
4
.900
01/12/28
1,535,624‌
2,000,000
Royal
Bank
of
Canada
5
.200
08/01/28
2,078,061‌
1,000,000
Royal
Bank
of
Canada
4
.950
02/01/29
1,031,246‌
1,000,000
Royal
Bank
of
Canada
4
.969
08/02/30
1,025,728‌
1,600,000
Royal
Bank
of
Canada
2
.300
11/03/31
1,399,604‌
500,000
Royal
Bank
of
Canada
3
.875
05/04/32
482,733‌
1,000,000
Royal
Bank
of
Canada
5
.000
02/01/33
1,034,736‌
4,000,000
Royal
Bank
of
Canada
5
.000
05/02/33
4,138,411‌
750,000
Royal
Bank
of
Canada
5
.150
02/01/34
779,918‌
1,850,000
Santander
Holdings
USA,
Inc
3
.244
10/05/26
1,799,875‌
650,000
Santander
Holdings
USA,
Inc
4
.400
07/13/27
648,348‌
2,000,000
Santander
Holdings
USA,
Inc
2
.490
01/06/28
1,895,763‌
1,000,000
Santander
Holdings
USA,
Inc
6
.499
03/09/29
1,047,172‌
1,000,000
Santander
Holdings
USA,
Inc
6
.565
06/12/29
1,050,582‌
750,000
Santander
Holdings
USA,
Inc
6
.174
01/09/30
782,916‌
1,000,000
Santander
Holdings
USA,
Inc
5
.353
09/06/30
1,010,546‌
1,000,000
Santander
Holdings
USA,
Inc
6
.342
05/31/35
1,048,994‌
1,000,000
Santander
UK
Group
Holdings
plc
6
.833
11/21/26
1,020,919‌
1,000,000
Santander
UK
Group
Holdings
plc
1
.673
06/14/27
951,209‌
2,000,000
Santander
UK
Group
Holdings
plc
2
.469
01/11/28
1,905,206‌
500,000
Santander
UK
Group
Holdings
plc
3
.823
11/03/28
488,958‌
1,000,000
Santander
UK
Group
Holdings
plc
6
.534
01/10/29
1,059,459‌
1,000,000
Santander
UK
Group
Holdings
plc
4
.858
09/11/30
1,007,943‌
750,000
Santander
UK
Group
Holdings
plc
2
.896
03/15/32
665,686‌
1,000,000
Sumitomo
Mitsui
Financial
Group,
Inc
1
.402
09/17/26
947,762‌
700,000
Sumitomo
Mitsui
Financial
Group,
Inc
3
.010
10/19/26
683,105‌
725,000
Sumitomo
Mitsui
Financial
Group,
Inc
3
.446
01/11/27
713,721‌
1,000,000
Sumitomo
Mitsui
Financial
Group,
Inc
2
.174
01/14/27
955,460‌
775,000
Sumitomo
Mitsui
Financial
Group,
Inc
3
.364
07/12/27
760,228‌
500,000
Sumitomo
Mitsui
Financial
Group,
Inc
3
.352
10/18/27
488,300‌
2,000,000
Sumitomo
Mitsui
Financial
Group,
Inc
5
.520
01/13/28
2,074,106‌
675,000
Sumitomo
Mitsui
Financial
Group,
Inc
3
.544
01/17/28
659,856‌
2,000,000
Sumitomo
Mitsui
Financial
Group,
Inc
5
.800
07/13/28
2,104,026‌
750,000
Sumitomo
Mitsui
Financial
Group,
Inc
3
.944
07/19/28
743,854‌
1,000,000
Sumitomo
Mitsui
Financial
Group,
Inc
5
.716
09/14/28
1,050,061‌
1,500,000
Sumitomo
Mitsui
Financial
Group,
Inc
1
.902
09/17/28
1,370,193‌
500,000
(a)
Sumitomo
Mitsui
Financial
Group,
Inc
4
.306
10/16/28
503,183‌
1,500,000
Sumitomo
Mitsui
Financial
Group,
Inc
2
.472
01/14/29
1,392,395‌
1,000,000
Sumitomo
Mitsui
Financial
Group,
Inc
5
.316
07/09/29
1,040,597‌
1,500,000
Sumitomo
Mitsui
Financial
Group,
Inc
3
.040
07/16/29
1,413,032‌
500,000
Sumitomo
Mitsui
Financial
Group,
Inc
3
.202
09/17/29
471,851‌
1,000,000
Sumitomo
Mitsui
Financial
Group,
Inc
2
.724
09/27/29
923,450‌
2,000,000
Sumitomo
Mitsui
Financial
Group,
Inc
5
.710
01/13/30
2,118,184‌
1,500,000
Sumitomo
Mitsui
Financial
Group,
Inc
2
.750
01/15/30
1,379,195‌
1,500,000
Sumitomo
Mitsui
Financial
Group,
Inc
2
.130
07/08/30
1,323,042‌
2,000,000
Sumitomo
Mitsui
Financial
Group,
Inc
5
.852
07/13/30
2,138,436‌
1,000,000
Sumitomo
Mitsui
Financial
Group,
Inc
2
.142
09/23/30
875,577‌
1,000,000
Sumitomo
Mitsui
Financial
Group,
Inc
1
.710
01/12/31
846,104‌
15
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
BANKS
-
4.3%
(continued)
$
1,000,000
Sumitomo
Mitsui
Financial
Group,
Inc
5
.424
%
07/09/31
$
1,049,540‌
1,500,000
Sumitomo
Mitsui
Financial
Group,
Inc
2
.222
09/17/31
1,291,958‌
1,000,000
Sumitomo
Mitsui
Financial
Group,
Inc
5
.766
01/13/33
1,075,253‌
2,000,000
Sumitomo
Mitsui
Financial
Group,
Inc
5
.776
07/13/33
2,154,581‌
1,000,000
(a)
Sumitomo
Mitsui
Financial
Group,
Inc
5
.808
09/14/33
1,083,212‌
1,000,000
Sumitomo
Mitsui
Financial
Group,
Inc
5
.558
07/09/34
1,061,301‌
750,000
Sumitomo
Mitsui
Financial
Group,
Inc
2
.296
01/12/41
536,686‌
1,000,000
Sumitomo
Mitsui
Financial
Group,
Inc
2
.930
09/17/41
766,522‌
1,500,000
Sumitomo
Mitsui
Financial
Group,
Inc
3
.050
01/14/42
1,195,118‌
500,000
(a)
Sumitomo
Mitsui
Financial
Group,
Inc
6
.184
07/13/43
570,740‌
1,000,000
Sumitomo
Mitsui
Financial
Group,
Inc
5
.836
07/09/44
1,077,610‌
1,000,000
Synovus
Bank
5
.625
02/15/28
1,005,405‌
1,000,000
Synovus
Financial
Corp
5
.200
08/11/25
1,000,422‌
1,000,000
Toronto-Dominion
Bank
0
.750
09/11/25
967,697‌
2,000,000
Toronto-Dominion
Bank
0
.750
01/06/26
1,916,200‌
2,000,000
Toronto-Dominion
Bank
1
.200
06/03/26
1,906,849‌
1,500,000
Toronto-Dominion
Bank
1
.250
09/10/26
1,423,127‌
825,000
Toronto-Dominion
Bank
5
.264
12/11/26
845,510‌
1,000,000
(a)
Toronto-Dominion
Bank
1
.950
01/12/27
958,389‌
1,000,000
Toronto-Dominion
Bank
2
.800
03/10/27
969,507‌
3,000,000
Toronto-Dominion
Bank
4
.108
06/08/27
2,999,667‌
1,500,000
Toronto-Dominion
Bank
4
.693
09/15/27
1,523,801‌
1,000,000
(a)
Toronto-Dominion
Bank
5
.156
01/10/28
1,029,982‌
1,000,000
Toronto-Dominion
Bank
5
.523
07/17/28
1,046,116‌
1,500,000
Toronto-Dominion
Bank
4
.994
04/05/29
1,545,660‌
1,500,000
(a)
Toronto-Dominion
Bank
2
.000
09/10/31
1,300,425‌
1,000,000
Toronto-Dominion
Bank
3
.625
09/15/31
981,290‌
1,000,000
Toronto-Dominion
Bank
2
.450
01/12/32
876,099‌
500,000
Toronto-Dominion
Bank
3
.200
03/10/32
458,151‌
800,000
Toronto-Dominion
Bank
4
.456
06/08/32
794,795‌
1,500,000
(a)
Toronto-Dominion
Bank
5
.146
09/10/34
1,514,321‌
500,000
Truist
Bank
3
.625
09/16/25
494,484‌
200,000
Truist
Bank
4
.050
11/03/25
199,397‌
375,000
Truist
Bank
3
.300
05/15/26
368,210‌
500,000
Truist
Bank
3
.800
10/30/26
493,066‌
750,000
Truist
Bank
4
.632
09/17/29
745,926‌
475,000
Truist
Bank
2
.250
03/11/30
419,017‌
750,000
Truist
Financial
Corp
1
.200
08/05/25
729,216‌
1,000,000
Truist
Financial
Corp
4
.260
07/28/26
996,021‌
1,300,000
Truist
Financial
Corp
1
.267
03/02/27
1,239,635‌
1,000,000
Truist
Financial
Corp
1
.125
08/03/27
918,906‌
750,000
Truist
Financial
Corp
4
.123
06/06/28
744,597‌
1,000,000
Truist
Financial
Corp
4
.873
01/26/29
1,010,662‌
500,000
Truist
Financial
Corp
3
.875
03/19/29
487,155‌
2,000,000
Truist
Financial
Corp
1
.887
06/07/29
1,829,619‌
550,000
Truist
Financial
Corp
7
.161
10/30/29
602,868‌
2,000,000
Truist
Financial
Corp
5
.435
01/24/30
2,070,120‌
1,500,000
Truist
Financial
Corp
5
.153
08/05/32
1,536,322‌
1,000,000
Truist
Financial
Corp
4
.916
07/28/33
980,648‌
1,000,000
Truist
Financial
Corp
6
.123
10/28/33
1,079,419‌
100,000
Truist
Financial
Corp
5
.122
01/26/34
101,099‌
3,000,000
Truist
Financial
Corp
5
.867
06/08/34
3,189,261‌
2,000,000
Truist
Financial
Corp
5
.711
01/24/35
2,106,974‌
125,000
US
Bancorp
3
.950
11/17/25
124,631‌
750,000
US
Bancorp
3
.100
04/27/26
736,378‌
700,000
US
Bancorp
2
.375
07/22/26
681,023‌
2,000,000
US
Bancorp
5
.727
10/21/26
2,024,821‌
1,175,000
US
Bancorp
3
.150
04/27/27
1,151,591‌
1,500,000
US
Bancorp
6
.787
10/26/27
1,575,263‌
750,000
US
Bancorp
3
.900
04/26/28
743,200‌
2,000,000
US
Bancorp
4
.653
02/01/29
2,019,358‌
2,000,000
US
Bancorp
5
.775
06/12/29
2,096,070‌
Bond
Index
16
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
BANKS
-
4.3%
(continued)
$
600,000
US
Bancorp
3
.000
%
07/30/29
$
563,735‌
2,500,000
US
Bancorp
1
.375
07/22/30
2,134,826‌
1,000,000
US
Bancorp
4
.967
07/22/33
998,035‌
3,000,000
US
Bancorp
5
.850
10/21/33
3,199,995‌
2,000,000
US
Bancorp
5
.836
06/12/34
2,135,452‌
3,500,000
US
Bancorp
5
.678
01/23/35
3,709,994‌
1,000,000
US
Bancorp
2
.491
11/03/36
843,927‌
750,000
US
Bank
NA
2
.800
01/27/25
744,926‌
125,000
Wachovia
Corp
5
.500
08/01/35
130,183‌
200,000
Webster
Financial
Corp
4
.100
03/25/29
193,128‌
1,125,000
Wells
Fargo
&
Co
3
.550
09/29/25
1,115,405‌
3,350,000
Wells
Fargo
&
Co
3
.000
04/22/26
3,291,061‌
1,250,000
Wells
Fargo
&
Co
4
.100
06/03/26
1,245,740‌
2,575,000
Wells
Fargo
&
Co
3
.000
10/23/26
2,516,698‌
1,500,000
Wells
Fargo
&
Co
3
.196
06/17/27
1,471,149‌
1,200,000
Wells
Fargo
&
Co
4
.300
07/22/27
1,202,754‌
1,300,000
Wells
Fargo
&
Co
3
.526
03/24/28
1,275,383‌
2,000,000
Wells
Fargo
&
Co
5
.707
04/22/28
2,065,180‌
2,125,000
Wells
Fargo
&
Co
3
.584
05/22/28
2,083,793‌
5,000,000
Wells
Fargo
&
Co
2
.393
06/02/28
4,754,085‌
1,000,000
Wells
Fargo
&
Co
4
.808
07/25/28
1,011,678‌
6,175,000
Wells
Fargo
&
Co
4
.150
01/24/29
6,156,517‌
5,000,000
Wells
Fargo
&
Co
5
.574
07/25/29
5,202,023‌
2,500,000
Wells
Fargo
&
Co
6
.303
10/23/29
2,674,887‌
5,000,000
Wells
Fargo
&
Co
5
.198
01/23/30
5,154,584‌
4,950,000
Wells
Fargo
&
Co
2
.879
10/30/30
4,591,167‌
3,000,000
Wells
Fargo
&
Co
2
.572
02/11/31
2,724,212‌
5,000,000
Wells
Fargo
&
Co
4
.478
04/04/31
5,005,661‌
6,000,000
Wells
Fargo
&
Co
3
.350
03/02/33
5,485,054‌
3,500,000
Wells
Fargo
&
Co
4
.897
07/25/33
3,540,121‌
3,000,000
Wells
Fargo
&
Co
5
.389
04/24/34
3,111,585‌
5,000,000
Wells
Fargo
&
Co
5
.557
07/25/34
5,245,851‌
3,000,000
Wells
Fargo
&
Co
6
.491
10/23/34
3,352,410‌
5,000,000
Wells
Fargo
&
Co
5
.499
01/23/35
5,241,446‌
7,025,000
Wells
Fargo
&
Co
3
.068
04/30/41
5,540,137‌
1,050,000
Wells
Fargo
&
Co
5
.375
11/02/43
1,058,627‌
1,468,000
Wells
Fargo
&
Co
5
.606
01/15/44
1,516,955‌
475,000
Wells
Fargo
&
Co
4
.650
11/04/44
433,980‌
1,500,000
Wells
Fargo
&
Co
3
.900
05/01/45
1,283,642‌
950,000
Wells
Fargo
&
Co
4
.900
11/17/45
891,188‌
3,250,000
Wells
Fargo
&
Co
4
.400
06/14/46
2,845,215‌
1,975,000
Wells
Fargo
&
Co
4
.750
12/07/46
1,810,722‌
3,000,000
Wells
Fargo
&
Co
5
.013
04/04/51
2,941,453‌
2,000,000
Wells
Fargo
&
Co
4
.611
04/25/53
1,848,568‌
2,900,000
Wells
Fargo
Bank
NA
5
.450
08/07/26
2,969,247‌
2,000,000
Wells
Fargo
Bank
NA
5
.254
12/11/26
2,050,110‌
250,000
Wells
Fargo
Bank
NA
6
.600
01/15/38
288,714‌
1,000,000
Westpac
Banking
Corp
2
.850
05/13/26
981,426‌
2,000,000
Westpac
Banking
Corp
1
.150
06/03/26
1,908,178‌
675,000
Westpac
Banking
Corp
2
.700
08/19/26
659,476‌
850,000
Westpac
Banking
Corp
3
.350
03/08/27
838,418‌
1,500,000
Westpac
Banking
Corp
4
.043
08/26/27
1,504,870‌
2,000,000
Westpac
Banking
Corp
5
.457
11/18/27
2,084,169‌
725,000
Westpac
Banking
Corp
3
.400
01/25/28
710,645‌
1,000,000
Westpac
Banking
Corp
5
.535
11/17/28
1,058,202‌
2,000,000
Westpac
Banking
Corp
1
.953
11/20/28
1,841,901‌
1,500,000
Westpac
Banking
Corp
5
.050
04/16/29
1,558,912‌
1,500,000
Westpac
Banking
Corp
2
.150
06/03/31
1,318,303‌
950,000
Westpac
Banking
Corp
4
.322
11/23/31
943,265‌
1,000,000
(a)
Westpac
Banking
Corp
5
.405
08/10/33
1,024,706‌
1,000,000
Westpac
Banking
Corp
6
.820
11/17/33
1,131,039‌
600,000
Westpac
Banking
Corp
4
.110
07/24/34
580,258‌
17
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
BANKS
-
4.3%
(continued)
$
2,350,000
Westpac
Banking
Corp
2
.668
%
11/15/35
$
2,050,362‌
500,000
Westpac
Banking
Corp
3
.020
11/18/36
433,948‌
900,000
Westpac
Banking
Corp
4
.421
07/24/39
852,068‌
225,000
(a)
Westpac
Banking
Corp
2
.963
11/16/40
170,242‌
400,000
Zions
Bancorp
NA
3
.250
10/29/29
356,431‌
TOTAL
BANKS
1,139,676,173‌
CAPITAL
GOODS
-
1.2%
1,200,000
3M
Co
3
.000
08/07/25
1,185,738‌
675,000
3M
Co
2
.875
10/15/27
651,441‌
925,000
3M
Co
3
.625
09/14/28
909,560‌
500,000
3M
Co
3
.375
03/01/29
484,106‌
1,000,000
3M
Co
2
.375
08/26/29
919,804‌
200,000
3M
Co
3
.125
09/19/46
149,301‌
300,000
3M
Co
3
.625
10/15/47
239,457‌
1,150,000
3M
Co
4
.000
09/14/48
1,021,542‌
875,000
3M
Co
3
.250
08/26/49
654,487‌
820,000
3M
Co
3
.700
04/15/50
665,719‌
1,000,000
Acuity
Brands
Lighting,
Inc
2
.150
12/15/30
877,501‌
1,000,000
AGCO
Corp
5
.800
03/21/34
1,045,696‌
1,000,000
Air
Lease
Corp
3
.750
06/01/26
988,842‌
1,500,000
Air
Lease
Corp
1
.875
08/15/26
1,432,238‌
1,000,000
Air
Lease
Corp
2
.200
01/15/27
952,262‌
500,000
Air
Lease
Corp
3
.625
04/01/27
489,970‌
200,000
Air
Lease
Corp
3
.625
12/01/27
195,988‌
1,000,000
Air
Lease
Corp
5
.850
12/15/27
1,042,691‌
500,000
(a)
Air
Lease
Corp
5
.300
02/01/28
513,571‌
300,000
Air
Lease
Corp
4
.625
10/01/28
301,049‌
1,500,000
Air
Lease
Corp
5
.100
03/01/29
1,536,076‌
500,000
Air
Lease
Corp
3
.250
10/01/29
470,030‌
750,000
Air
Lease
Corp
3
.000
02/01/30
691,294‌
500,000
Air
Lease
Corp
3
.125
12/01/30
457,534‌
1,000,000
Air
Lease
Corp
5
.200
07/15/31
1,022,237‌
500,000
Aircastle
Ltd
4
.250
06/15/26
496,331‌
500,000
Allegion
plc
3
.500
10/01/29
476,722‌
200,000
Allegion
US
Holding
Co,
Inc
3
.550
10/01/27
195,384‌
500,000
Allegion
US
Holding
Co,
Inc
5
.411
07/01/32
520,676‌
350,000
Allegion
US
Holding
Co,
Inc
5
.600
05/29/34
365,792‌
3,200,000
Boeing
Co
4
.875
05/01/25
3,187,802‌
400,000
Boeing
Co
2
.600
10/30/25
388,922‌
2,000,000
Boeing
Co
2
.750
02/01/26
1,941,138‌
3,000,000
Boeing
Co
2
.196
02/04/26
2,888,967‌
300,000
Boeing
Co
3
.100
05/01/26
290,822‌
200,000
Boeing
Co
2
.250
06/15/26
190,863‌
500,000
Boeing
Co
2
.700
02/01/27
474,281‌
250,000
Boeing
Co
2
.800
03/01/27
237,196‌
1,900,000
Boeing
Co
5
.040
05/01/27
1,905,749‌
500,000
Boeing
Co
3
.250
03/01/28
471,444‌
125,000
Boeing
Co
3
.450
11/01/28
117,695‌
600,000
Boeing
Co
3
.200
03/01/29
555,375‌
2,000,000
(c)
Boeing
Co
6
.298
05/01/29
2,104,174‌
750,000
Boeing
Co
2
.950
02/01/30
670,404‌
1,600,000
Boeing
Co
5
.150
05/01/30
1,603,844‌
1,000,000
Boeing
Co
3
.625
02/01/31
916,105‌
2,000,000
(c)
Boeing
Co
6
.388
05/01/31
2,126,674‌
300,000
Boeing
Co
3
.600
05/01/34
255,652‌
2,000,000
(c)
Boeing
Co
6
.528
05/01/34
2,146,530‌
425,000
Boeing
Co
3
.250
02/01/35
345,963‌
500,000
Boeing
Co
3
.550
03/01/38
387,910‌
600,000
Boeing
Co
3
.500
03/01/39
456,892‌
350,000
Boeing
Co
5
.875
02/15/40
348,446‌
5,500,000
Boeing
Co
5
.705
05/01/40
5,366,301‌
300,000
Boeing
Co
3
.375
06/15/46
203,697‌
Bond
Index
18
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
CAPITAL
GOODS
-
1.2%
(continued)
$
250,000
Boeing
Co
3
.650
%
03/01/47
$
174,441‌
100,000
Boeing
Co
3
.625
03/01/48
68,935‌
100,000
Boeing
Co
3
.850
11/01/48
71,015‌
5,000,000
Boeing
Co
5
.805
05/01/50
4,830,593‌
975,000
(c)
Boeing
Co
6
.858
05/01/54
1,070,170‌
125,000
Boeing
Co
3
.825
03/01/59
84,736‌
750,000
Boeing
Co
3
.950
08/01/59
512,910‌
5,500,000
Boeing
Co
5
.930
05/01/60
5,268,272‌
2,000,000
(c)
Boeing
Co
7
.008
05/01/64
2,203,556‌
200,000
Carlisle
Cos,
Inc
3
.500
12/01/24
199,457‌
1,000,000
Carlisle
Cos,
Inc
2
.750
03/01/30
918,657‌
1,000,000
Carlisle
Cos,
Inc
2
.200
03/01/32
846,290‌
1,444,000
Carrier
Global
Corp
2
.493
02/15/27
1,395,384‌
1,100,000
Carrier
Global
Corp
2
.722
02/15/30
1,016,967‌
150,000
Carrier
Global
Corp
2
.700
02/15/31
135,471‌
104,000
Carrier
Global
Corp
5
.900
03/15/34
113,506‌
2,000,000
Carrier
Global
Corp
3
.377
04/05/40
1,652,203‌
305,000
Carrier
Global
Corp
3
.577
04/05/50
240,441‌
112,000
Carrier
Global
Corp
6
.200
03/15/54
129,322‌
3,000,000
Caterpillar
Financial
Services
Corp
0
.900
03/02/26
2,877,203‌
500,000
Caterpillar
Financial
Services
Corp
2
.400
08/09/26
486,272‌
2,000,000
Caterpillar
Financial
Services
Corp
1
.150
09/14/26
1,897,265‌
2,000,000
Caterpillar
Financial
Services
Corp
4
.500
01/08/27
2,027,971‌
1,500,000
Caterpillar
Financial
Services
Corp
5
.000
05/14/27
1,541,577‌
1,000,000
Caterpillar
Financial
Services
Corp
3
.600
08/12/27
993,762‌
2,000,000
(a)
Caterpillar
Financial
Services
Corp
4
.850
02/27/29
2,069,397‌
2,000,000
Caterpillar
Financial
Services
Corp
4
.375
08/16/29
2,029,794‌
500,000
Caterpillar,
Inc
2
.600
09/19/29
468,091‌
1,000,000
(a)
Caterpillar,
Inc
1
.900
03/12/31
883,870‌
225,000
Caterpillar,
Inc
5
.200
05/27/41
235,108‌
2,363,000
Caterpillar,
Inc
3
.803
08/15/42
2,075,246‌
300,000
Caterpillar,
Inc
4
.300
05/15/44
281,020‌
750,000
Caterpillar,
Inc
3
.250
09/19/49
575,985‌
750,000
Caterpillar,
Inc
3
.250
04/09/50
574,332‌
1,000,000
CNH
Industrial
Capital
LLC
1
.875
01/15/26
967,423‌
1,000,000
CNH
Industrial
Capital
LLC
1
.450
07/15/26
950,735‌
1,000,000
CNH
Industrial
Capital
LLC
4
.550
04/10/28
1,005,332‌
1,000,000
CNH
Industrial
Capital
LLC
5
.100
04/20/29
1,029,317‌
500,000
CNH
Industrial
NV
3
.850
11/15/27
494,869‌
1,000,000
Cummins,
Inc
4
.900
02/20/29
1,033,906‌
1,000,000
Cummins,
Inc
1
.500
09/01/30
865,520‌
1,000,000
Cummins,
Inc
5
.150
02/20/34
1,052,306‌
200,000
Cummins,
Inc
4
.875
10/01/43
196,078‌
750,000
Cummins,
Inc
2
.600
09/01/50
487,517‌
500,000
Cummins,
Inc
5
.450
02/20/54
528,934‌
218,000
Deere
&
Co
5
.375
10/16/29
231,553‌
500,000
Deere
&
Co
2
.875
09/07/49
361,971‌
825,000
Dover
Corp
3
.150
11/15/25
812,288‌
100,000
Dover
Corp
2
.950
11/04/29
93,688‌
100,000
Dover
Corp
5
.375
03/01/41
102,562‌
200,000
Eaton
Corp
3
.103
09/15/27
195,320‌
1,000,000
Eaton
Corp
4
.350
05/18/28
1,012,634‌
150,000
Eaton
Corp
4
.000
11/02/32
147,521‌
1,250,000
Eaton
Corp
4
.150
03/15/33
1,234,486‌
925,000
Eaton
Corp
4
.150
11/02/42
846,867‌
200,000
Eaton
Corp
3
.915
09/15/47
170,968‌
1,250,000
Eaton
Corp
4
.700
08/23/52
1,208,033‌
200,000
Emerson
Electric
Co
3
.150
06/01/25
198,306‌
1,000,000
Emerson
Electric
Co
0
.875
10/15/26
941,571‌
500,000
Emerson
Electric
Co
1
.800
10/15/27
469,293‌
500,000
Emerson
Electric
Co
2
.000
12/21/28
461,640‌
750,000
Emerson
Electric
Co
1
.950
10/15/30
664,410‌
19
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
CAPITAL
GOODS
-
1.2%
(continued)
$
500,000
Emerson
Electric
Co
2
.200
%
12/21/31
$
439,128‌
200,000
Emerson
Electric
Co
5
.250
11/15/39
211,026‌
500,000
Emerson
Electric
Co
2
.750
10/15/50
343,498‌
500,000
Emerson
Electric
Co
2
.800
12/21/51
343,778‌
500,000
Flowserve
Corp
3
.500
10/01/30
465,489‌
1,000,000
Flowserve
Corp
2
.800
01/15/32
866,126‌
875,000
Fortive
Corp
3
.150
06/15/26
857,758‌
250,000
Fortive
Corp
4
.300
06/15/46
220,146‌
500,000
Fortune
Brands
Innovations,
Inc
4
.000
03/25/32
476,049‌
1,000,000
Fortune
Brands
Innovations,
Inc
5
.875
06/01/33
1,073,228‌
500,000
Fortune
Brands
Innovations,
Inc
4
.500
03/25/52
421,165‌
500,000
GATX
Corp
3
.250
09/15/26
489,027‌
200,000
GATX
Corp
3
.500
03/15/28
193,367‌
200,000
GATX
Corp
4
.550
11/07/28
201,164‌
425,000
GATX
Corp
4
.700
04/01/29
428,855‌
500,000
GATX
Corp
4
.000
06/30/30
485,966‌
1,000,000
GATX
Corp
1
.900
06/01/31
833,357‌
500,000
GATX
Corp
4
.900
03/15/33
499,368‌
750,000
GATX
Corp
5
.450
09/15/33
776,046‌
700,000
GATX
Corp
6
.050
03/15/34
754,163‌
225,000
GATX
Corp
5
.200
03/15/44
217,626‌
750,000
GATX
Corp
6
.050
06/05/54
810,915‌
500,000
GE
Capital
Funding
LLC
3
.450
05/15/25
495,333‌
3,000,000
General
Dynamics
Corp
1
.150
06/01/26
2,868,646‌
900,000
General
Dynamics
Corp
2
.250
06/01/31
799,179‌
1,000,000
General
Dynamics
Corp
2
.850
06/01/41
772,669‌
225,000
General
Dynamics
Corp
3
.600
11/15/42
189,723‌
1,950,000
General
Dynamics
Corp
4
.250
04/01/50
1,761,384‌
750,000
HEICO
Corp
5
.250
08/01/28
774,234‌
750,000
HEICO
Corp
5
.350
08/01/33
779,593‌
1,700,000
Honeywell
International,
Inc
2
.500
11/01/26
1,655,920‌
750,000
Honeywell
International,
Inc
4
.950
02/15/28
776,283‌
1,000,000
Honeywell
International,
Inc
4
.875
09/01/29
1,036,356‌
1,000,000
Honeywell
International,
Inc
4
.700
02/01/30
1,027,637‌
950,000
Honeywell
International,
Inc
1
.950
06/01/30
849,640‌
1,000,000
Honeywell
International,
Inc
4
.950
09/01/31
1,045,845‌
1,000,000
Honeywell
International,
Inc
4
.750
02/01/32
1,028,968‌
1,000,000
Honeywell
International,
Inc
5
.000
02/15/33
1,045,288‌
2,000,000
Honeywell
International,
Inc
4
.500
01/15/34
2,017,853‌
2,500,000
Honeywell
International,
Inc
5
.000
03/01/35
2,602,273‌
782,000
Honeywell
International,
Inc
3
.812
11/21/47
655,826‌
575,000
Honeywell
International,
Inc
2
.800
06/01/50
407,702‌
1,500,000
Honeywell
International,
Inc
5
.250
03/01/54
1,564,446‌
1,000,000
Honeywell
International,
Inc
5
.350
03/01/64
1,053,951‌
2,500,000
Howmet
Aerospace,
Inc
4
.850
10/15/31
2,550,344‌
200,000
Hubbell,
Inc
3
.350
03/01/26
196,940‌
500,000
Hubbell,
Inc
3
.150
08/15/27
484,853‌
200,000
Hubbell,
Inc
3
.500
02/15/28
195,029‌
1,000,000
Hubbell,
Inc
2
.300
03/15/31
877,958‌
500,000
Huntington
Ingalls
Industries,
Inc
3
.844
05/01/25
496,490‌
500,000
Huntington
Ingalls
Industries,
Inc
4
.200
05/01/30
491,684‌
500,000
IDEX
Corp
4
.950
09/01/29
511,355‌
500,000
IDEX
Corp
3
.000
05/01/30
463,107‌
1,000,000
IDEX
Corp
2
.625
06/15/31
885,189‌
1,000,000
Illinois
Tool
Works,
Inc
2
.650
11/15/26
976,754‌
200,000
Illinois
Tool
Works,
Inc
4
.875
09/15/41
200,403‌
1,000,000
Illinois
Tool
Works,
Inc
3
.900
09/01/42
881,215‌
150,000
Ingersoll
Rand,
Inc
5
.400
08/14/28
156,328‌
1,500,000
Ingersoll
Rand,
Inc
5
.176
06/15/29
1,551,694‌
1,250,000
Ingersoll
Rand,
Inc
5
.314
06/15/31
1,306,808‌
125,000
Ingersoll
Rand,
Inc
5
.700
08/14/33
133,927‌
1,250,000
Ingersoll
Rand,
Inc
5
.450
06/15/34
1,315,352‌
Bond
Index
20
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
CAPITAL
GOODS
-
1.2%
(continued)
$
125,000
John
Deere
Capital
Corp
3
.400
%
09/11/25
$
124,072‌
1,000,000
John
Deere
Capital
Corp
0
.700
01/15/26
958,549‌
500,000
John
Deere
Capital
Corp
2
.250
09/14/26
484,462‌
1,000,000
John
Deere
Capital
Corp
1
.300
10/13/26
948,169‌
250,000
John
Deere
Capital
Corp
1
.750
03/09/27
237,289‌
200,000
John
Deere
Capital
Corp
2
.800
09/08/27
193,662‌
1,000,000
John
Deere
Capital
Corp
4
.150
09/15/27
1,007,463‌
200,000
John
Deere
Capital
Corp
3
.050
01/06/28
194,458‌
1,000,000
John
Deere
Capital
Corp
4
.750
01/20/28
1,023,993‌
1,000,000
John
Deere
Capital
Corp
4
.900
03/03/28
1,029,340‌
2,000,000
John
Deere
Capital
Corp
1
.500
03/06/28
1,843,055‌
575,000
John
Deere
Capital
Corp
4
.950
07/14/28
594,082‌
1,500,000
John
Deere
Capital
Corp
3
.350
04/18/29
1,462,023‌
2,000,000
John
Deere
Capital
Corp
4
.850
06/11/29
2,065,699‌
500,000
John
Deere
Capital
Corp
2
.800
07/18/29
473,528‌
1,000,000
John
Deere
Capital
Corp
4
.850
10/11/29
1,035,493‌
500,000
John
Deere
Capital
Corp
2
.450
01/09/30
462,838‌
1,500,000
John
Deere
Capital
Corp
4
.700
06/10/30
1,545,510‌
1,000,000
John
Deere
Capital
Corp
1
.450
01/15/31
852,335‌
2,500,000
John
Deere
Capital
Corp
4
.900
03/07/31
2,592,810‌
2,000,000
John
Deere
Capital
Corp
2
.000
06/17/31
1,745,607‌
3,000,000
John
Deere
Capital
Corp
4
.400
09/08/31
3,021,191‌
450,000
John
Deere
Capital
Corp
3
.900
06/07/32
439,363‌
1,000,000
John
Deere
Capital
Corp
4
.350
09/15/32
1,007,134‌
2,000,000
John
Deere
Capital
Corp
5
.150
09/08/33
2,112,411‌
1,000,000
John
Deere
Capital
Corp
5
.100
04/11/34
1,047,066‌
2,000,000
John
Deere
Capital
Corp
5
.050
06/12/34
2,088,215‌
474,000
Johnson
Controls
International
plc
3
.900
02/14/26
470,451‌
1,000,000
Johnson
Controls
International
plc
5
.500
04/19/29
1,045,840‌
1,000,000
Johnson
Controls
International
plc
1
.750
09/15/30
867,057‌
1,000,000
Johnson
Controls
International
plc
2
.000
09/16/31
855,403‌
500,000
Johnson
Controls
International
plc
4
.900
12/01/32
510,503‌
207,000
Johnson
Controls
International
plc
6
.000
01/15/36
227,063‌
325,000
Johnson
Controls
International
plc
4
.625
07/02/44
296,499‌
6,000
Johnson
Controls
International
plc
5
.125
09/14/45
5,827‌
300,000
Johnson
Controls
International
plc
4
.500
02/15/47
269,085‌
72,000
Johnson
Controls
International
plc
(Step
Bond)
4
.950
07/02/64
67,374‌
200,000
Kennametal,
Inc
4
.625
06/15/28
200,482‌
1,000,000
Kennametal,
Inc
2
.800
03/01/31
890,385‌
600,000
L3Harris
Technologies,
Inc
3
.850
12/15/26
595,929‌
1,000,000
L3Harris
Technologies,
Inc
5
.400
01/15/27
1,026,371‌
625,000
L3Harris
Technologies,
Inc
4
.400
06/15/28
627,618‌
1,275,000
L3Harris
Technologies,
Inc
4
.400
06/15/28
1,280,341‌
1,000,000
L3Harris
Technologies,
Inc
5
.050
06/01/29
1,029,988‌
175,000
L3Harris
Technologies,
Inc
2
.900
12/15/29
163,091‌
1,000,000
L3Harris
Technologies,
Inc
1
.800
01/15/31
851,369‌
1,000,000
L3Harris
Technologies,
Inc
5
.250
06/01/31
1,040,853‌
1,000,000
L3Harris
Technologies,
Inc
5
.400
07/31/33
1,044,547‌
1,000,000
L3Harris
Technologies,
Inc
5
.350
06/01/34
1,040,321‌
300,000
L3Harris
Technologies,
Inc
4
.854
04/27/35
300,598‌
600,000
L3Harris
Technologies,
Inc
5
.054
04/27/45
589,390‌
1,000,000
L3Harris
Technologies,
Inc
5
.600
07/31/53
1,052,774‌
1,000,000
L3Harris
Technologies,
Inc
5
.500
08/15/54
1,042,625‌
100,000
Legrand
France
S.A.
8
.500
02/15/25
101,112‌
100,000
Lennox
International,
Inc
1
.700
08/01/27
93,391‌
1,000,000
Lennox
International,
Inc
5
.500
09/15/28
1,042,306‌
1,100,000
Lockheed
Martin
Corp
3
.550
01/15/26
1,092,345‌
750,000
Lockheed
Martin
Corp
5
.100
11/15/27
776,339‌
1,000,000
Lockheed
Martin
Corp
4
.450
05/15/28
1,016,146‌
1,000,000
Lockheed
Martin
Corp
4
.500
02/15/29
1,018,239‌
150,000
Lockheed
Martin
Corp
1
.850
06/15/30
132,823‌
625,000
Lockheed
Martin
Corp
3
.900
06/15/32
612,324‌
21
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
CAPITAL
GOODS
-
1.2%
(continued)
$
550,000
Lockheed
Martin
Corp
5
.250
%
01/15/33
$
585,682‌
1,000,000
Lockheed
Martin
Corp
4
.750
02/15/34
1,025,694‌
1,000,000
Lockheed
Martin
Corp
4
.800
08/15/34
1,025,119‌
300,000
Lockheed
Martin
Corp
3
.600
03/01/35
279,249‌
500,000
Lockheed
Martin
Corp
4
.500
05/15/36
499,384‌
1,833,000
Lockheed
Martin
Corp
4
.070
12/15/42
1,662,914‌
275,000
Lockheed
Martin
Corp
3
.800
03/01/45
236,869‌
200,000
Lockheed
Martin
Corp
4
.700
05/15/46
195,729‌
1,150,000
Lockheed
Martin
Corp
2
.800
06/15/50
798,671‌
1,894,000
Lockheed
Martin
Corp
4
.090
09/15/52
1,654,194‌
1,000,000
Lockheed
Martin
Corp
4
.150
06/15/53
881,444‌
750,000
Lockheed
Martin
Corp
5
.700
11/15/54
836,322‌
1,000,000
Lockheed
Martin
Corp
5
.200
02/15/55
1,036,243‌
1,000,000
Lockheed
Martin
Corp
4
.300
06/15/62
883,195‌
750,000
Lockheed
Martin
Corp
5
.900
11/15/63
867,309‌
325,000
Lockheed
Martin
Corp
5
.200
02/15/64
336,398‌
200,000
Masco
Corp
3
.500
11/15/27
195,269‌
200,000
Masco
Corp
1
.500
02/15/28
182,089‌
500,000
Masco
Corp
2
.000
10/01/30
435,998‌
550,000
Masco
Corp
2
.000
02/15/31
474,896‌
700,000
Masco
Corp
4
.500
05/15/47
616,691‌
1,000,000
Masco
Corp
3
.125
02/15/51
693,636‌
500,000
MasTec,
Inc
5
.900
06/15/29
521,796‌
735,000
Nature
Conservancy
3
.957
03/01/52
637,677‌
1,000,000
Nordson
Corp
5
.600
09/15/28
1,044,722‌
1,000,000
Nordson
Corp
4
.500
12/15/29
1,004,029‌
500,000
Nordson
Corp
5
.800
09/15/33
539,375‌
300,000
Northrop
Grumman
Corp
3
.200
02/01/27
294,006‌
3,275,000
Northrop
Grumman
Corp
3
.250
01/15/28
3,182,479‌
1,000,000
Northrop
Grumman
Corp
4
.600
02/01/29
1,014,878‌
425,000
Northrop
Grumman
Corp
4
.400
05/01/30
427,132‌
1,500,000
Northrop
Grumman
Corp
4
.700
03/15/33
1,522,422‌
1,000,000
Northrop
Grumman
Corp
4
.900
06/01/34
1,022,419‌
100,000
Northrop
Grumman
Corp
5
.050
11/15/40
99,980‌
700,000
Northrop
Grumman
Corp
4
.750
06/01/43
674,003‌
300,000
Northrop
Grumman
Corp
3
.850
04/15/45
253,605‌
1,450,000
Northrop
Grumman
Corp
4
.030
10/15/47
1,247,481‌
1,000,000
Northrop
Grumman
Corp
5
.250
05/01/50
1,021,555‌
1,500,000
Northrop
Grumman
Corp
4
.950
03/15/53
1,467,307‌
1,000,000
Northrop
Grumman
Corp
5
.200
06/01/54
1,018,214‌
200,000
nVent
Finance
Sarl
4
.550
04/15/28
200,253‌
1,000,000
nVent
Finance
Sarl
2
.750
11/15/31
869,611‌
500,000
nVent
Finance
Sarl
5
.650
05/15/33
520,202‌
100,000
Oshkosh
Corp
3
.100
03/01/30
92,622‌
1,000,000
Otis
Worldwide
Corp
2
.293
04/05/27
956,086‌
1,000,000
Otis
Worldwide
Corp
5
.250
08/16/28
1,036,219‌
525,000
Otis
Worldwide
Corp
2
.565
02/15/30
481,029‌
500,000
Otis
Worldwide
Corp
3
.112
02/15/40
401,850‌
450,000
Otis
Worldwide
Corp
3
.362
02/15/50
340,611‌
500,000
Owens
Corning
4
.200
12/01/24
499,294‌
300,000
Owens
Corning
3
.400
08/15/26
295,541‌
500,000
Owens
Corning
3
.950
08/15/29
488,638‌
300,000
Owens
Corning
3
.875
06/01/30
289,492‌
625,000
Owens
Corning
5
.700
06/15/34
663,503‌
525,000
Owens
Corning
4
.300
07/15/47
444,032‌
350,000
Owens
Corning
4
.400
01/30/48
296,817‌
500,000
PACCAR
Financial
Corp
5
.200
11/09/26
513,702‌
1,500,000
PACCAR
Financial
Corp
4
.600
01/10/28
1,524,743‌
1,500,000
PACCAR
Financial
Corp
4
.950
08/10/28
1,552,783‌
1,000,000
PACCAR
Financial
Corp
4
.600
01/31/29
1,025,416‌
1,000,000
PACCAR
Financial
Corp
4
.000
09/26/29
997,466‌
1,000,000
PACCAR
Financial
Corp
5
.000
03/22/34
1,044,538‌
Bond
Index
22
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
CAPITAL
GOODS
-
1.2%
(continued)
$
650,000
Parker-Hannifin
Corp
3
.250
%
03/01/27
$
636,322‌
1,500,000
Parker-Hannifin
Corp
4
.250
09/15/27
1,504,820‌
1,825,000
Parker-Hannifin
Corp
3
.250
06/14/29
1,751,703‌
1,500,000
Parker-Hannifin
Corp
4
.500
09/15/29
1,517,043‌
200,000
Parker-Hannifin
Corp
4
.200
11/21/34
194,207‌
200,000
Parker-Hannifin
Corp
4
.450
11/21/44
182,516‌
750,000
Parker-Hannifin
Corp
4
.100
03/01/47
651,084‌
225,000
Parker-Hannifin
Corp
4
.000
06/14/49
191,457‌
500,000
Pentair
Finance
Sarl
5
.900
07/15/32
535,212‌
400,000
Precision
Castparts
Corp
4
.200
06/15/35
391,164‌
100,000
Precision
Castparts
Corp
3
.900
01/15/43
86,952‌
1,000,000
Quanta
Services,
Inc
2
.900
10/01/30
920,748‌
600,000
Quanta
Services,
Inc
2
.350
01/15/32
515,029‌
1,000,000
Quanta
Services,
Inc
5
.250
08/09/34
1,022,295‌
1,000,000
Quanta
Services,
Inc
3
.050
10/01/41
760,882‌
300,000
Raytheon
Technologies
Corp
3
.150
12/15/24
298,488‌
1,325,000
Raytheon
Technologies
Corp
3
.500
03/15/27
1,305,716‌
725,000
Raytheon
Technologies
Corp
3
.125
05/04/27
707,415‌
200,000
Raytheon
Technologies
Corp
7
.200
08/15/27
215,475‌
2,550,000
Raytheon
Technologies
Corp
4
.125
11/16/28
2,543,585‌
2,000,000
Raytheon
Technologies
Corp
5
.750
01/15/29
2,118,258‌
4,500,000
Raytheon
Technologies
Corp
2
.250
07/01/30
4,040,671‌
1,500,000
Raytheon
Technologies
Corp
6
.000
03/15/31
1,631,411‌
1,000,000
Raytheon
Technologies
Corp
1
.900
09/01/31
850,201‌
1,000,000
Raytheon
Technologies
Corp
2
.375
03/15/32
868,652‌
1,050,000
Raytheon
Technologies
Corp
5
.150
02/27/33
1,091,602‌
1,500,000
Raytheon
Technologies
Corp
6
.100
03/15/34
1,655,967‌
750,000
Raytheon
Technologies
Corp
4
.450
11/16/38
714,322‌
100,000
Raytheon
Technologies
Corp
4
.700
12/15/41
94,830‌
2,150,000
Raytheon
Technologies
Corp
4
.500
06/01/42
1,999,915‌
125,000
Raytheon
Technologies
Corp
4
.800
12/15/43
119,010‌
150,000
Raytheon
Technologies
Corp
4
.200
12/15/44
128,343‌
1,650,000
Raytheon
Technologies
Corp
4
.150
05/15/45
1,442,162‌
700,000
Raytheon
Technologies
Corp
4
.350
04/15/47
621,508‌
2,325,000
Raytheon
Technologies
Corp
4
.625
11/16/48
2,150,301‌
2,000,000
Raytheon
Technologies
Corp
3
.125
07/01/50
1,432,693‌
1,000,000
Raytheon
Technologies
Corp
2
.820
09/01/51
668,951‌
1,000,000
Raytheon
Technologies
Corp
3
.030
03/15/52
698,821‌
1,000,000
Raytheon
Technologies
Corp
5
.375
02/27/53
1,027,693‌
1,500,000
Raytheon
Technologies
Corp
6
.400
03/15/54
1,771,062‌
1,500,000
Regal
Rexnord
Corp
6
.050
04/15/28
1,559,577‌
1,000,000
Regal
Rexnord
Corp
6
.300
02/15/30
1,063,580‌
325,000
Regal
Rexnord
Corp
6
.400
04/15/33
347,592‌
400,000
Rockwell
Automation,
Inc
3
.500
03/01/29
390,359‌
150,000
Rockwell
Automation,
Inc
1
.750
08/15/31
127,268‌
400,000
Rockwell
Automation,
Inc
4
.200
03/01/49
355,083‌
1,000,000
Rockwell
Automation,
Inc
2
.800
08/15/61
624,188‌
1,000,000
Roper
Technologies,
Inc
4
.500
10/15/29
1,006,248‌
200,000
Snap-on,
Inc
3
.250
03/01/27
196,622‌
200,000
Snap-on,
Inc
4
.100
03/01/48
174,588‌
500,000
Snap-on,
Inc
3
.100
05/01/50
360,030‌
1,000,000
Stanley
Black
&
Decker,
Inc
6
.000
03/06/28
1,054,714‌
300,000
(a)
Stanley
Black
&
Decker,
Inc
4
.250
11/15/28
299,528‌
1,000,000
Stanley
Black
&
Decker,
Inc
2
.300
03/15/30
893,877‌
1,000,000
Stanley
Black
&
Decker,
Inc
3
.000
05/15/32
898,607‌
100,000
Stanley
Black
&
Decker,
Inc
5
.200
09/01/40
100,240‌
425,000
Stanley
Black
&
Decker,
Inc
4
.850
11/15/48
396,719‌
1,500,000
Stanley
Black
&
Decker,
Inc
2
.750
11/15/50
946,000‌
450,000
Stanley
Black
&
Decker,
Inc
4
.000
03/15/60
425,679‌
150,000
Textron,
Inc
4
.000
03/15/26
149,194‌
500,000
Textron,
Inc
3
.650
03/15/27
492,208‌
100,000
Textron,
Inc
3
.375
03/01/28
96,830‌
23
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
CAPITAL
GOODS
-
1.2%
(continued)
$
750,000
Textron,
Inc
3
.900
%
09/17/29
$
732,678‌
500,000
Textron,
Inc
3
.000
06/01/30
462,654‌
300,000
Textron,
Inc
2
.450
03/15/31
262,308‌
500,000
Textron,
Inc
6
.100
11/15/33
541,647‌
200,000
Timken
Co
4
.500
12/15/28
199,994‌
1,000,000
Timken
Co
4
.125
04/01/32
962,047‌
425,000
Trane
Technologies
Financing
Ltd
5
.250
03/03/33
446,538‌
900,000
Trane
Technologies
Financing
Ltd
5
.100
06/13/34
937,921‌
400,000
Trane
Technologies
Global
Holding
Co
Ltd
3
.750
08/21/28
394,624‌
200,000
Trane
Technologies
Global
Holding
Co
Ltd
5
.750
06/15/43
215,855‌
450,000
Trane
Technologies
Global
Holding
Co
Ltd
4
.300
02/21/48
397,976‌
100,000
Trane
Technologies
Luxembourg
Finance
S.A.
3
.500
03/21/26
98,852‌
1,000,000
Trane
Technologies
Luxembourg
Finance
S.A.
3
.800
03/21/29
985,703‌
300,000
Trane
Technologies
Luxembourg
Finance
S.A.
4
.500
03/21/49
276,026‌
1,000,000
Triton
Container
International
Ltd
3
.250
03/15/32
864,416‌
100,000
Tyco
Electronics
Group
S.A.
3
.700
02/15/26
99,265‌
1,150,000
Tyco
Electronics
Group
S.A.
3
.125
08/15/27
1,122,308‌
500,000
Tyco
Electronics
Group
S.A.
4
.625
02/01/30
509,467‌
900,000
Tyco
Electronics
Group
S.A.
2
.500
02/04/32
797,834‌
200,000
Valmont
Industries,
Inc
5
.000
10/01/44
190,440‌
200,000
Valmont
Industries,
Inc
5
.250
10/01/54
192,028‌
300,000
Westinghouse
Air
Brake
Technologies
Corp
3
.450
11/15/26
294,727‌
875,000
Westinghouse
Air
Brake
Technologies
Corp
4
.700
09/15/28
886,097‌
1,000,000
Westinghouse
Air
Brake
Technologies
Corp
5
.611
03/11/34
1,057,031‌
1,000,000
WW
Grainger,
Inc
4
.450
09/15/34
998,732‌
800,000
WW
Grainger,
Inc
4
.600
06/15/45
758,176‌
200,000
WW
Grainger,
Inc
3
.750
05/15/46
167,144‌
125,000
WW
Grainger,
Inc
4
.200
05/15/47
111,196‌
775,000
Xylem,
Inc
3
.250
11/01/26
759,144‌
225,000
Xylem,
Inc
1
.950
01/30/28
208,922‌
150,000
Xylem,
Inc
2
.250
01/30/31
131,760‌
100,000
Xylem,
Inc
4
.375
11/01/46
89,821‌
TOTAL
CAPITAL
GOODS
328,509,273‌
COMMERCIAL
&
PROFESSIONAL
SERVICES
-
0.3%
400,000
Automatic
Data
Processing,
Inc
1
.700
05/15/28
371,404‌
900,000
Automatic
Data
Processing,
Inc
1
.250
09/01/30
771,682‌
775,000
Automatic
Data
Processing,
Inc
4
.450
09/09/34
776,794‌
200,000
Block
Financial
LLC
5
.250
10/01/25
200,255‌
1,000,000
Block
Financial
LLC
2
.500
07/15/28
928,964‌
750,000
Block
Financial
LLC
3
.875
08/15/30
717,213‌
350,000
Broadridge
Financial
Solutions,
Inc
3
.400
06/27/26
344,547‌
1,000,000
Broadridge
Financial
Solutions,
Inc
2
.900
12/01/29
927,051‌
1,000,000
Broadridge
Financial
Solutions,
Inc
2
.600
05/01/31
882,665‌
675,000
Cintas
Corp
No
2
3
.700
04/01/27
670,450‌
1,500,000
(a)
Concentrix
Corp
6
.600
08/02/28
1,564,755‌
1,500,000
(a)
Concentrix
Corp
6
.850
08/02/33
1,553,707‌
2,000,000
Corp
Andina
de
Fomento
4
.125
01/07/28
2,008,780‌
1,000,000
Corp
Andina
de
Fomento
5
.000
01/24/29
1,033,522‌
750,000
Council
Of
Europe
Development
Bank
4
.125
01/24/29
763,184‌
125,000
Equifax,
Inc
2
.600
12/15/25
122,188‌
1,000,000
Equifax,
Inc
5
.100
12/15/27
1,022,081‌
1,000,000
Equifax,
Inc
5
.100
06/01/28
1,024,112‌
1,000,000
Equifax,
Inc
4
.800
09/15/29
1,011,319‌
100,000
Equifax,
Inc
3
.100
05/15/30
93,608‌
2,000,000
Equifax,
Inc
2
.350
09/15/31
1,735,958‌
3,810,000
European
Investment
Bank
3
.750
11/15/29
3,829,455‌
1,195,000
International
Bank
for
Reconstruction
&
Development
4
.000
08/27/26
1,201,321‌
3,720,000
International
Bank
for
Reconstruction
&
Development
4
.000
01/10/31
3,774,866‌
4,000,000
International
Bank
for
Reconstruction
&
Development
4
.500
04/10/31
4,173,889‌
1,775,000
International
Bank
for
Reconstruction
&
Development
3
.875
08/28/34
1,768,927‌
1,500,000
Jacobs
Engineering
Group,
Inc
5
.900
03/01/33
1,573,744‌
1,500,000
Mastercard,
Inc
4
.350
01/15/32
1,507,381‌
Bond
Index
24
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
COMMERCIAL
&
PROFESSIONAL
SERVICES
-
0.3%
(continued)
$
1,500,000
Mastercard,
Inc
4
.550
%
01/15/35
$
1,506,843‌
625,000
RELX
Capital,
Inc
4
.000
03/18/29
619,388‌
100,000
RELX
Capital,
Inc
3
.000
05/22/30
93,625‌
275,000
RELX
Capital,
Inc
4
.750
05/20/32
278,082‌
275,000
Republic
Services,
Inc
0
.875
11/15/25
264,570‌
900,000
Republic
Services,
Inc
2
.900
07/01/26
881,625‌
100,000
Republic
Services,
Inc
3
.375
11/15/27
97,981‌
1,000,000
Republic
Services,
Inc
4
.875
04/01/29
1,027,948‌
750,000
Republic
Services,
Inc
5
.000
11/15/29
776,815‌
500,000
Republic
Services,
Inc
2
.300
03/01/30
453,577‌
1,000,000
Republic
Services,
Inc
1
.450
02/15/31
838,140‌
575,000
Republic
Services,
Inc
1
.750
02/15/32
477,886‌
1,000,000
Republic
Services,
Inc
2
.375
03/15/33
849,720‌
1,000,000
Republic
Services,
Inc
5
.000
12/15/33
1,030,709‌
425,000
Republic
Services,
Inc
5
.000
04/01/34
437,603‌
750,000
Republic
Services,
Inc
5
.200
11/15/34
783,032‌
1,000,000
Republic
Services,
Inc
3
.050
03/01/50
720,220‌
880,000
Rockefeller
Foundation
2
.492
10/01/50
589,651‌
1,200,000
Thomson
Reuters
Corp
3
.350
05/15/26
1,181,346‌
145,000
Thomson
Reuters
Corp
5
.850
04/15/40
155,095‌
200,000
Thomson
Reuters
Corp
5
.650
11/23/43
206,365‌
850,000
Verisk
Analytics,
Inc
4
.125
03/15/29
845,163‌
750,000
Verisk
Analytics,
Inc
5
.750
04/01/33
807,292‌
300,000
Verisk
Analytics,
Inc
5
.500
06/15/45
304,445‌
200,000
Verisk
Analytics,
Inc
3
.625
05/15/50
152,559‌
750,000
Waste
Connections,
Inc
3
.500
05/01/29
730,079‌
500,000
Waste
Connections,
Inc
2
.600
02/01/30
461,546‌
700,000
Waste
Connections,
Inc
2
.200
01/15/32
601,399‌
100,000
Waste
Connections,
Inc
3
.200
06/01/32
91,425‌
425,000
Waste
Connections,
Inc
4
.200
01/15/33
413,130‌
1,500,000
Waste
Connections,
Inc
5
.000
03/01/34
1,539,652‌
500,000
Waste
Connections,
Inc
3
.050
04/01/50
354,986‌
575,000
Waste
Connections,
Inc
2
.950
01/15/52
394,882‌
500,000
Waste
Management,
Inc
1
.150
03/15/28
454,246‌
1,000,000
(a)
Waste
Management,
Inc
4
.875
02/15/29
1,033,713‌
1,000,000
(a)
Waste
Management,
Inc
2
.000
06/01/29
915,538‌
1,000,000
Waste
Management,
Inc
4
.625
02/15/30
1,024,323‌
1,000,000
Waste
Management,
Inc
1
.500
03/15/31
846,338‌
2,000,000
Waste
Management,
Inc
4
.950
07/03/31
2,081,601‌
1,500,000
Waste
Management,
Inc
4
.150
04/15/32
1,487,556‌
1,000,000
Waste
Management,
Inc
4
.625
02/15/33
1,017,562‌
1,000,000
(a)
Waste
Management,
Inc
4
.875
02/15/34
1,031,396‌
1,000,000
Waste
Management,
Inc
2
.950
06/01/41
779,097‌
250,000
Waste
Management,
Inc
2
.500
11/15/50
163,528‌
TOTAL
COMMERCIAL
&
PROFESSIONAL
SERVICES
67,155,499‌
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
-
0.6%
1,325,000
Alibaba
Group
Holding
Ltd
3
.400
12/06/27
1,293,572‌
1,250,000
(a)
Alibaba
Group
Holding
Ltd
2
.125
02/09/31
1,092,571‌
500,000
Alibaba
Group
Holding
Ltd
4
.500
11/28/34
492,816‌
750,000
Alibaba
Group
Holding
Ltd
4
.000
12/06/37
693,241‌
1,250,000
Alibaba
Group
Holding
Ltd
2
.700
02/09/41
924,751‌
1,500,000
(a)
Alibaba
Group
Holding
Ltd
4
.200
12/06/47
1,314,807‌
1,250,000
(a)
Alibaba
Group
Holding
Ltd
3
.150
02/09/51
895,000‌
750,000
(a)
Alibaba
Group
Holding
Ltd
4
.400
12/06/57
663,645‌
1,250,000
(a)
Alibaba
Group
Holding
Ltd
3
.250
02/09/61
864,676‌
5,000,000
Amazon.com,
Inc
1
.000
05/12/26
4,780,576‌
3,000,000
Amazon.com,
Inc
3
.300
04/13/27
2,961,686‌
1,000,000
Amazon.com,
Inc
1
.200
06/03/27
934,405‌
2,000,000
Amazon.com,
Inc
3
.150
08/22/27
1,963,362‌
3,000,000
Amazon.com,
Inc
4
.550
12/01/27
3,062,617‌
2,000,000
Amazon.com,
Inc
1
.650
05/12/28
1,852,443‌
2,000,000
Amazon.com,
Inc
3
.450
04/13/29
1,969,939‌
25
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
-
0.6%
(continued)
$
2,000,000
Amazon.com,
Inc
4
.650
%
12/01/29
$
2,066,951‌
1,000,000
Amazon.com,
Inc
1
.500
06/03/30
874,883‌
2,000,000
Amazon.com,
Inc
2
.100
05/12/31
1,770,451‌
2,000,000
Amazon.com,
Inc
3
.600
04/13/32
1,932,711‌
2,000,000
Amazon.com,
Inc
4
.700
12/01/32
2,079,156‌
1,800,000
Amazon.com,
Inc
4
.800
12/05/34
1,882,757‌
2,625,000
Amazon.com,
Inc
3
.875
08/22/37
2,468,619‌
2,500,000
Amazon.com,
Inc
2
.875
05/12/41
1,990,298‌
775,000
Amazon.com,
Inc
4
.950
12/05/44
805,030‌
2,875,000
Amazon.com,
Inc
4
.050
08/22/47
2,587,574‌
1,900,000
Amazon.com,
Inc
2
.500
06/03/50
1,255,227‌
2,500,000
Amazon.com,
Inc
3
.100
05/12/51
1,857,164‌
2,000,000
Amazon.com,
Inc
3
.950
04/13/52
1,738,416‌
1,900,000
Amazon.com,
Inc
4
.250
08/22/57
1,719,858‌
2,500,000
Amazon.com,
Inc
3
.250
05/12/61
1,811,985‌
2,000,000
Amazon.com,
Inc
4
.100
04/13/62
1,726,759‌
244,000
AutoNation,
Inc
4
.500
10/01/25
243,012‌
200,000
AutoNation,
Inc
3
.800
11/15/27
194,796‌
1,500,000
AutoNation,
Inc
1
.950
08/01/28
1,352,785‌
100,000
AutoNation,
Inc
4
.750
06/01/30
99,528‌
425,000
AutoNation,
Inc
2
.400
08/01/31
360,184‌
900,000
(a)
AutoNation,
Inc
3
.850
03/01/32
830,084‌
100,000
AutoZone,
Inc
3
.125
04/21/26
98,104‌
650,000
AutoZone,
Inc
3
.750
06/01/27
642,459‌
1,000,000
AutoZone,
Inc
4
.500
02/01/28
1,008,819‌
200,000
AutoZone,
Inc
3
.750
04/18/29
195,317‌
1,000,000
AutoZone,
Inc
5
.100
07/15/29
1,030,106‌
500,000
AutoZone,
Inc
4
.000
04/15/30
490,838‌
600,000
AutoZone,
Inc
1
.650
01/15/31
506,287‌
225,000
AutoZone,
Inc
4
.750
08/01/32
225,837‌
1,000,000
AutoZone,
Inc
4
.750
02/01/33
1,000,639‌
1,000,000
AutoZone,
Inc
5
.200
08/01/33
1,027,258‌
500,000
AutoZone,
Inc
6
.550
11/01/33
558,999‌
1,000,000
AutoZone,
Inc
5
.400
07/15/34
1,037,478‌
500,000
Best
Buy
Co,
Inc
4
.450
10/01/28
501,981‌
500,000
Best
Buy
Co,
Inc
1
.950
10/01/30
435,110‌
1,325,000
Cintas
Corp
No
2
4
.000
05/01/32
1,299,134‌
1,000,000
(a)
Dick's
Sporting
Goods,
Inc
3
.150
01/15/32
901,153‌
1,000,000
Dick's
Sporting
Goods,
Inc
4
.100
01/15/52
764,139‌
1,000,000
eBay,
Inc
1
.400
05/10/26
956,322‌
1,200,000
eBay,
Inc
3
.600
06/05/27
1,186,469‌
500,000
eBay,
Inc
5
.950
11/22/27
528,981‌
1,200,000
eBay,
Inc
2
.700
03/11/30
1,106,429‌
1,000,000
eBay,
Inc
2
.600
05/10/31
893,507‌
500,000
eBay,
Inc
6
.300
11/22/32
555,328‌
200,000
eBay,
Inc
4
.000
07/15/42
170,573‌
1,000,000
(a)
eBay,
Inc
3
.650
05/10/51
768,838‌
1,000,000
Genuine
Parts
Co
6
.500
11/01/28
1,077,994‌
1,500,000
Genuine
Parts
Co
1
.875
11/01/30
1,287,468‌
275,000
Genuine
Parts
Co
2
.750
02/01/32
240,457‌
350,000
Home
Depot,
Inc
3
.350
09/15/25
347,322‌
1,925,000
Home
Depot,
Inc
3
.000
04/01/26
1,898,008‌
1,550,000
Home
Depot,
Inc
2
.125
09/15/26
1,498,424‌
1,000,000
Home
Depot,
Inc
2
.875
04/15/27
976,465‌
2,000,000
Home
Depot,
Inc
0
.900
03/15/28
1,809,549‌
1,000,000
Home
Depot,
Inc
1
.500
09/15/28
912,158‌
825,000
Home
Depot,
Inc
3
.900
12/06/28
822,832‌
2,500,000
Home
Depot,
Inc
4
.900
04/15/29
2,589,938‌
2,333,000
Home
Depot,
Inc
2
.950
06/15/29
2,227,484‌
2,500,000
Home
Depot,
Inc
4
.750
06/25/29
2,576,781‌
375,000
Home
Depot,
Inc
2
.700
04/15/30
348,841‌
2,000,000
Home
Depot,
Inc
1
.375
03/15/31
1,683,901‌
Bond
Index
26
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
-
0.6%
(continued)
$
575,000
Home
Depot,
Inc
4
.850
%
06/25/31
$
596,038‌
1,000,000
Home
Depot,
Inc
1
.875
09/15/31
860,909‌
1,000,000
Home
Depot,
Inc
3
.250
04/15/32
935,763‌
1,000,000
(a)
Home
Depot,
Inc
4
.500
09/15/32
1,022,816‌
2,675,000
Home
Depot,
Inc
4
.950
06/25/34
2,781,002‌
425,000
Home
Depot,
Inc
5
.875
12/16/36
475,204‌
150,000
Home
Depot,
Inc
5
.950
04/01/41
168,502‌
675,000
Home
Depot,
Inc
4
.200
04/01/43
616,625‌
450,000
Home
Depot,
Inc
4
.875
02/15/44
447,490‌
650,000
Home
Depot,
Inc
4
.400
03/15/45
605,379‌
725,000
Home
Depot,
Inc
4
.250
04/01/46
659,350‌
2,100,000
Home
Depot,
Inc
3
.900
06/15/47
1,793,608‌
2,000,000
Home
Depot,
Inc
4
.500
12/06/48
1,870,390‌
1,000,000
Home
Depot,
Inc
3
.125
12/15/49
738,338‌
2,655,000
Home
Depot,
Inc
3
.350
04/15/50
2,040,698‌
3,000,000
Home
Depot,
Inc
2
.375
03/15/51
1,883,185‌
1,000,000
Home
Depot,
Inc
2
.750
09/15/51
676,031‌
500,000
Home
Depot,
Inc
3
.625
04/15/52
402,315‌
1,000,000
Home
Depot,
Inc
4
.950
09/15/52
997,667‌
400,000
Home
Depot,
Inc
5
.300
06/25/54
420,385‌
675,000
Home
Depot,
Inc
3
.500
09/15/56
519,322‌
325,000
Home
Depot,
Inc
5
.400
06/25/64
344,105‌
500,000
(a)
JD.com,
Inc
3
.375
01/14/30
475,609‌
500,000
JD.com,
Inc
4
.125
01/14/50
427,579‌
750,000
LKQ
Corp
5
.750
06/15/28
778,277‌
750,000
LKQ
Corp
6
.250
06/15/33
795,285‌
1,000,000
Lowe's
Cos,
Inc
4
.000
04/15/25
996,550‌
1,000,000
Lowe's
Cos,
Inc
4
.400
09/08/25
999,558‌
1,100,000
Lowe's
Cos,
Inc
3
.375
09/15/25
1,089,540‌
500,000
Lowe's
Cos,
Inc
2
.500
04/15/26
488,382‌
1,000,000
Lowe's
Cos,
Inc
3
.350
04/01/27
981,765‌
2,000,000
Lowe's
Cos,
Inc
1
.300
04/15/28
1,815,385‌
1,500,000
Lowe's
Cos,
Inc
1
.700
09/15/28
1,366,508‌
775,000
Lowe's
Cos,
Inc
3
.650
04/05/29
756,301‌
306,000
Lowe's
Cos,
Inc
4
.500
04/15/30
309,937‌
1,500,000
Lowe's
Cos,
Inc
1
.700
10/15/30
1,290,172‌
1,800,000
Lowe's
Cos,
Inc
2
.625
04/01/31
1,617,591‌
1,000,000
Lowe's
Cos,
Inc
3
.750
04/01/32
954,264‌
1,000,000
Lowe's
Cos,
Inc
5
.000
04/15/33
1,031,310‌
1,650,000
(a)
Lowe's
Cos,
Inc
5
.150
07/01/33
1,719,618‌
700,000
Lowe's
Cos,
Inc
2
.800
09/15/41
513,980‌
56,000
Lowe's
Cos,
Inc
4
.250
09/15/44
47,093‌
1,075,000
Lowe's
Cos,
Inc
3
.700
04/15/46
855,043‌
2,000,000
Lowe's
Cos,
Inc
4
.050
05/03/47
1,676,579‌
1,425,000
Lowe's
Cos,
Inc
4
.550
04/05/49
1,268,575‌
1,320,000
Lowe's
Cos,
Inc
5
.125
04/15/50
1,286,659‌
450,000
Lowe's
Cos,
Inc
3
.000
10/15/50
305,907‌
1,000,000
Lowe's
Cos,
Inc
3
.500
04/01/51
739,174‌
500,000
Lowe's
Cos,
Inc
4
.250
04/01/52
423,324‌
1,000,000
(a)
Lowe's
Cos,
Inc
5
.625
04/15/53
1,040,869‌
275,000
Lowe's
Cos,
Inc
5
.750
07/01/53
290,171‌
500,000
Lowe's
Cos,
Inc
4
.450
04/01/62
423,612‌
1,000,000
Lowe's
Cos,
Inc
5
.800
09/15/62
1,047,799‌
600,000
Lowe's
Cos,
Inc
5
.850
04/01/63
635,724‌
1,000,000
O'Reilly
Automotive,
Inc
3
.600
09/01/27
983,935‌
300,000
O'Reilly
Automotive,
Inc
4
.350
06/01/28
300,892‌
500,000
O'Reilly
Automotive,
Inc
3
.900
06/01/29
491,828‌
200,000
O'Reilly
Automotive,
Inc
1
.750
03/15/31
169,419‌
2,000,000
O'Reilly
Automotive,
Inc
4
.700
06/15/32
2,015,811‌
1,000,000
O'Reilly
Automotive,
Inc
5
.000
08/19/34
1,011,878‌
500,000
Ross
Stores,
Inc
0
.875
04/15/26
474,378‌
55,000
Ross
Stores,
Inc
4
.700
04/15/27
55,425‌
27
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
-
0.6%
(continued)
$
500,000
Ross
Stores,
Inc
1
.875
%
04/15/31
$
425,926‌
525,000
TJX
Cos,
Inc
2
.250
09/15/26
508,128‌
1,750,000
TJX
Cos,
Inc
1
.150
05/15/28
1,586,594‌
500,000
TJX
Cos,
Inc
1
.600
05/15/31
424,021‌
650,000
Tractor
Supply
Co
1
.750
11/01/30
560,338‌
1,000,000
Tractor
Supply
Co
5
.250
05/15/33
1,040,625‌
TOTAL
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
154,948,522‌
CONSUMER
DURABLES
&
APPAREL
-
0.1%
1,000,000
Brunswick
Corp
5
.850
03/18/29
1,032,243‌
1,000,000
Brunswick
Corp
2
.400
08/18/31
840,033‌
500,000
(a)
Brunswick
Corp
4
.400
09/15/32
470,881‌
500,000
DR
Horton,
Inc
2
.600
10/15/25
490,198‌
1,000,000
DR
Horton,
Inc
1
.300
10/15/26
946,030‌
1,000,000
DR
Horton,
Inc
5
.000
10/15/34
1,013,904‌
750,000
Hasbro,
Inc
3
.550
11/19/26
735,174‌
775,000
Hasbro,
Inc
3
.500
09/15/27
754,739‌
1,000,000
Hasbro,
Inc
3
.900
11/19/29
964,323‌
500,000
Hasbro,
Inc
6
.050
05/14/34
526,244‌
100,000
Hasbro,
Inc
6
.350
03/15/40
107,216‌
200,000
Hasbro,
Inc
5
.100
05/15/44
185,833‌
475,000
Leggett
&
Platt,
Inc
3
.500
11/15/27
456,707‌
350,000
Leggett
&
Platt,
Inc
4
.400
03/15/29
337,061‌
1,000,000
Leggett
&
Platt,
Inc
3
.500
11/15/51
673,818‌
1,900,000
Lennar
Corp
4
.750
11/29/27
1,924,505‌
500,000
(a)
MDC
Holdings,
Inc
3
.966
08/06/61
433,339‌
500,000
Mohawk
Industries,
Inc
5
.850
09/18/28
527,272‌
750,000
Mohawk
Industries,
Inc
3
.625
05/15/30
720,859‌
650,000
NIKE,
Inc
2
.375
11/01/26
630,578‌
300,000
NIKE,
Inc
3
.625
05/01/43
256,089‌
825,000
NIKE,
Inc
3
.875
11/01/45
719,212‌
200,000
NIKE,
Inc
3
.375
11/01/46
159,866‌
2,440,000
NIKE,
Inc
3
.375
03/27/50
1,924,235‌
1,000,000
NVR,
Inc
3
.000
05/15/30
926,206‌
750,000
Polaris,
Inc
6
.950
03/15/29
814,019‌
200,000
Ralph
Lauren
Corp
3
.750
09/15/25
198,828‌
1,000,000
Ralph
Lauren
Corp
2
.950
06/15/30
934,729‌
161,000
Tapestry,
Inc
4
.125
07/15/27
158,495‌
2,000,000
(a)
Tapestry,
Inc
7
.350
11/27/28
2,101,748‌
1,500,000
Tapestry,
Inc
7
.700
11/27/30
1,615,960‌
450,000
(a)
Tapestry,
Inc
3
.050
03/15/32
385,211‌
1,000,000
Tapestry,
Inc
7
.850
11/27/33
1,084,317‌
400,000
VF
Corp
2
.400
04/23/25
393,293‌
1,000,000
VF
Corp
2
.800
04/23/27
948,275‌
200,000
VF
Corp
2
.950
04/23/30
175,526‌
925,000
(a)
Whirlpool
Corp
4
.750
02/26/29
933,926‌
500,000
Whirlpool
Corp
2
.400
05/15/31
429,087‌
475,000
Whirlpool
Corp
4
.700
05/14/32
470,611‌
750,000
Whirlpool
Corp
5
.500
03/01/33
765,289‌
1,000,000
Whirlpool
Corp
5
.750
03/01/34
1,024,312‌
200,000
Whirlpool
Corp
4
.500
06/01/46
169,604‌
775,000
Whirlpool
Corp
4
.600
05/15/50
649,058‌
TOTAL
CONSUMER
DURABLES
&
APPAREL
31,008,853‌
CONSUMER
SERVICES
-
0.4%
750,000
American
University
3
.672
04/01/49
622,119‌
300,000
Booking
Holdings,
Inc
3
.650
03/15/25
298,432‌
300,000
Booking
Holdings,
Inc
3
.600
06/01/26
298,067‌
900,000
Booking
Holdings,
Inc
3
.550
03/15/28
886,795‌
1,100,000
Booking
Holdings,
Inc
4
.625
04/13/30
1,126,018‌
1,000,000
Brown
University
2
.924
09/01/50
747,811‌
1,000,000
Case
Western
Reserve
University
5
.405
06/01/22
1,034,404‌
500,000
Choice
Hotels
International,
Inc
3
.700
12/01/29
474,596‌
425,000
Choice
Hotels
International,
Inc
5
.850
08/01/34
438,284‌
Bond
Index
28
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
CONSUMER
SERVICES
-
0.4%
(continued)
$
1,000,000
Claremont
McKenna
College
3
.775
%
01/01/22
$
723,757‌
330,000
(a)
Cornell
University
4
.835
06/15/34
341,056‌
200,000
Darden
Restaurants,
Inc
3
.850
05/01/27
197,799‌
1,500,000
Darden
Restaurants,
Inc
4
.550
10/15/29
1,497,495‌
500,000
Darden
Restaurants,
Inc
6
.300
10/10/33
544,826‌
300,000
Darden
Restaurants,
Inc
4
.550
02/15/48
257,689‌
500,000
Emory
University
2
.143
09/01/30
450,429‌
500,000
Emory
University
2
.969
09/01/50
363,826‌
1,200,000
Expedia
Group,
Inc
5
.000
02/15/26
1,206,435‌
750,000
Expedia
Group,
Inc
4
.625
08/01/27
755,867‌
175,000
Expedia
Group,
Inc
3
.800
02/15/28
171,721‌
750,000
Expedia
Group,
Inc
3
.250
02/15/30
707,233‌
270,000
Expedia
Group,
Inc
2
.950
03/15/31
245,667‌
100,000
Georgetown
University
4
.315
04/01/49
91,435‌
500,000
Georgetown
University
2
.943
04/01/50
357,050‌
200,000
(a)
Georgetown
University
5
.115
04/01/53
208,293‌
300,000
Georgetown
University
5
.215
10/01/18
294,165‌
2,000,000
Howard
University
5
.209
10/01/52
1,860,735‌
100,000
Hyatt
Hotels
Corp
4
.850
03/15/26
100,218‌
275,000
Hyatt
Hotels
Corp
5
.750
01/30/27
281,733‌
200,000
Hyatt
Hotels
Corp
4
.375
09/15/28
199,152‌
500,000
Hyatt
Hotels
Corp
5
.250
06/30/29
511,895‌
1,100,000
Hyatt
Hotels
Corp
5
.750
04/23/30
1,151,326‌
500,000
Hyatt
Hotels
Corp
5
.500
06/30/34
510,993‌
500,000
Johns
Hopkins
University
4
.705
07/01/32
512,104‌
750,000
Johns
Hopkins
University
2
.813
01/01/60
498,946‌
1,500,000
Johnsonville
Aeroderivative
Combustion
Turbine
Generation
LLC
5
.078
10/01/54
1,522,743‌
1,000,000
Las
Vegas
Sands
Corp
6
.000
08/15/29
1,039,204‌
1,000,000
Las
Vegas
Sands
Corp
6
.200
08/15/34
1,047,128‌
500,000
(a)
Leland
Stanford
Junior
University
1
.289
06/01/27
467,011‌
300,000
Leland
Stanford
Junior
University
3
.647
05/01/48
255,383‌
1,000,000
Leland
Stanford
Junior
University
2
.413
06/01/50
663,366‌
500,000
Marriott
International,
Inc
5
.000
10/15/27
510,234‌
1,250,000
Marriott
International,
Inc
4
.000
04/15/28
1,235,428‌
750,000
Marriott
International,
Inc
5
.550
10/15/28
784,639‌
300,000
Marriott
International,
Inc
4
.650
12/01/28
302,726‌
500,000
Marriott
International,
Inc
4
.900
04/15/29
510,235‌
1,000,000
Marriott
International,
Inc
4
.875
05/15/29
1,019,738‌
500,000
Marriott
International,
Inc
4
.800
03/15/30
507,107‌
400,000
Marriott
International,
Inc
4
.625
06/15/30
403,732‌
1,000,000
Marriott
International,
Inc
2
.850
04/15/31
900,192‌
1,500,000
Marriott
International,
Inc
3
.500
10/15/32
1,372,961‌
2,000,000
Marriott
International,
Inc
2
.750
10/15/33
1,708,302‌
1,000,000
Marriott
International,
Inc
5
.300
05/15/34
1,030,433‌
500,000
Marriott
International,
Inc
5
.350
03/15/35
512,442‌
1,500,000
Massachusetts
Institute
of
Technology
2
.989
07/01/50
1,128,962‌
1,000,000
(a)
Massachusetts
Institute
of
Technology
2
.294
07/01/51
637,998‌
750,000
Massachusetts
Institute
of
Technology
5
.600
07/01/11
843,558‌
200,000
Massachusetts
Institute
of
Technology
4
.678
07/01/14
190,598‌
300,000
Massachusetts
Institute
of
Technology
3
.885
07/01/16
236,518‌
150,000
McDonald's
Corp
1
.450
09/01/25
146,037‌
2,950,000
McDonald's
Corp
3
.700
01/30/26
2,932,343‌
300,000
McDonald's
Corp
3
.500
03/01/27
296,370‌
775,000
McDonald's
Corp
3
.800
04/01/28
767,990‌
1,000,000
McDonald's
Corp
4
.800
08/14/28
1,026,561‌
1,000,000
McDonald's
Corp
5
.000
05/17/29
1,036,237‌
1,250,000
McDonald's
Corp
2
.625
09/01/29
1,171,113‌
500,000
McDonald's
Corp
2
.125
03/01/30
450,365‌
200,000
McDonald's
Corp
4
.600
09/09/32
203,449‌
1,500,000
(a)
McDonald's
Corp
4
.950
08/14/33
1,558,943‌
1,000,000
McDonald's
Corp
5
.200
05/17/34
1,057,531‌
2,225,000
McDonald's
Corp
4
.700
12/09/35
2,249,033‌
29
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
CONSUMER
SERVICES
-
0.4%
(continued)
$
250,000
McDonald's
Corp
6
.300
%
10/15/37
$
285,205‌
100,000
McDonald's
Corp
6
.300
03/01/38
114,128‌
250,000
McDonald's
Corp
4
.600
05/26/45
233,853‌
1,275,000
McDonald's
Corp
4
.875
12/09/45
1,238,325‌
725,000
McDonald's
Corp
4
.450
03/01/47
661,492‌
625,000
McDonald's
Corp
4
.450
09/01/48
568,485‌
1,825,000
McDonald's
Corp
3
.625
09/01/49
1,437,755‌
1,350,000
McDonald's
Corp
4
.200
04/01/50
1,167,173‌
500,000
McDonald's
Corp
5
.150
09/09/52
500,325‌
1,500,000
McDonald's
Corp
5
.450
08/14/53
1,563,336‌
750,000
Northeastern
University
2
.894
10/01/50
549,412‌
200,000
Northwestern
University
3
.868
12/01/48
172,193‌
750,000
Northwestern
University
2
.640
12/01/50
515,572‌
200,000
Northwestern
University
3
.662
12/01/57
163,606‌
2,000,000
President
and
Fellows
of
Harvard
College
4
.609
02/15/35
2,049,785‌
750,000
President
and
Fellows
of
Harvard
College
3
.619
10/01/37
686,945‌
200,000
President
and
Fellows
of
Harvard
College
3
.150
07/15/46
157,719‌
1,000,000
President
and
Fellows
of
Harvard
College
2
.517
10/15/50
677,677‌
1,000,000
President
and
Fellows
of
Harvard
College
3
.745
11/15/52
855,662‌
200,000
President
and
Fellows
of
Harvard
College
3
.300
07/15/56
154,489‌
3,500,000
Sands
China
Ltd
5
.900
08/08/28
3,533,695‌
1,500,000
Sands
China
Ltd
2
.850
03/08/29
1,362,415‌
175,000
Starbucks
Corp
2
.450
06/15/26
170,291‌
500,000
Starbucks
Corp
2
.000
03/12/27
476,500‌
750,000
Starbucks
Corp
3
.500
03/01/28
736,794‌
650,000
Starbucks
Corp
4
.000
11/15/28
647,856‌
750,000
Starbucks
Corp
3
.550
08/15/29
731,350‌
500,000
Starbucks
Corp
2
.250
03/12/30
451,073‌
1,500,000
Starbucks
Corp
2
.550
11/15/30
1,358,808‌
1,500,000
(a)
Starbucks
Corp
4
.900
02/15/31
1,557,237‌
2,000,000
(a)
Starbucks
Corp
3
.000
02/14/32
1,822,764‌
1,000,000
Starbucks
Corp
4
.800
02/15/33
1,024,813‌
1,500,000
Starbucks
Corp
5
.000
02/15/34
1,544,044‌
200,000
Starbucks
Corp
4
.300
06/15/45
175,819‌
200,000
Starbucks
Corp
3
.750
12/01/47
160,104‌
650,000
Starbucks
Corp
4
.500
11/15/48
586,230‌
1,000,000
Starbucks
Corp
4
.450
08/15/49
887,567‌
500,000
Starbucks
Corp
3
.350
03/12/50
367,746‌
1,000,000
Starbucks
Corp
3
.500
11/15/50
762,154‌
1,000,000
Thomas
Jefferson
University
3
.847
11/01/57
770,438‌
500,000
Trustees
of
Boston
College
3
.129
07/01/52
374,512‌
100,000
Trustees
of
Boston
University
4
.061
10/01/48
88,084‌
1,000,000
Trustees
of
Princeton
University
2
.516
07/01/50
698,768‌
665,000
Trustees
of
Princeton
University
4
.201
03/01/52
612,448‌
1,000,000
University
of
Miami
4
.063
04/01/52
862,049‌
200,000
University
of
Notre
Dame
du
Lac
3
.438
02/15/45
168,804‌
200,000
University
of
Notre
Dame
du
Lac
3
.394
02/15/48
163,609‌
1,000,000
University
of
Southern
California
2
.945
10/01/51
725,225‌
720,000
University
of
Southern
California
4
.976
10/01/53
743,660‌
1,000,000
University
of
Southern
California
3
.226
10/01/20
656,655‌
1,000,000
Washington
University
3
.524
04/15/54
804,368‌
500,000
Washington
University
4
.349
04/15/22
429,778‌
200,000
Wesleyan
University
4
.781
07/01/16
180,760‌
200,000
William
Marsh
Rice
University
3
.574
05/15/45
173,983‌
200,000
William
Marsh
Rice
University
3
.774
05/15/55
174,208‌
500,000
Yale
University
0
.873
04/15/25
491,120‌
750,000
Yale
University
1
.482
04/15/30
654,762‌
750,000
Yale
University
2
.402
04/15/50
498,677‌
TOTAL
CONSUMER
SERVICES
93,077,286‌
CONSUMER
STAPLES
DISTRIBUTION
&
RETAIL
-
0.3%
20,000
Ahold
Finance
USA
LLC
6
.875
05/01/29
22,083‌
625,000
Costco
Wholesale
Corp
3
.000
05/18/27
614,368‌
Bond
Index
30
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
CONSUMER
STAPLES
DISTRIBUTION
&
RETAIL
-
0.3%
(continued)
$
475,000
Costco
Wholesale
Corp
1
.375
%
06/20/27
$
445,562‌
725,000
Costco
Wholesale
Corp
1
.600
04/20/30
640,387‌
1,800,000
Costco
Wholesale
Corp
1
.750
04/20/32
1,533,319‌
1,033,000
Diageo
Capital
plc
2
.000
04/29/30
920,693‌
1,900,000
Diageo
Capital
plc
2
.125
04/29/32
1,627,105‌
300,000
(a)
Dollar
General
Corp
3
.875
04/15/27
296,033‌
1,000,000
Dollar
General
Corp
4
.625
11/01/27
1,003,823‌
500,000
Dollar
General
Corp
4
.125
05/01/28
493,309‌
1,000,000
Dollar
General
Corp
5
.200
07/05/28
1,021,325‌
500,000
Dollar
General
Corp
3
.500
04/03/30
470,661‌
500,000
Dollar
General
Corp
5
.000
11/01/32
497,138‌
1,000,000
(a)
Dollar
General
Corp
5
.450
07/05/33
1,019,150‌
500,000
Dollar
General
Corp
4
.125
04/03/50
389,859‌
500,000
Dollar
General
Corp
5
.500
11/01/52
478,543‌
500,000
Dollar
Tree,
Inc
4
.200
05/15/28
493,750‌
1,000,000
Dollar
Tree,
Inc
2
.650
12/01/31
860,037‌
1,000,000
Dollar
Tree,
Inc
3
.375
12/01/51
683,294‌
69,000
Koninklijke
Ahold
Delhaize
NV
5
.700
10/01/40
71,792‌
100,000
Kroger
Co
3
.500
02/01/26
98,789‌
1,275,000
Kroger
Co
2
.650
10/15/26
1,237,454‌
175,000
Kroger
Co
3
.700
08/01/27
172,946‌
1,150,000
Kroger
Co
4
.500
01/15/29
1,161,787‌
3,000,000
Kroger
Co
4
.650
09/15/29
3,016,569‌
250,000
Kroger
Co
2
.200
05/01/30
222,623‌
1,500,000
Kroger
Co
1
.700
01/15/31
1,269,866‌
2,000,000
Kroger
Co
4
.900
09/15/31
2,012,931‌
1,550,000
Kroger
Co
5
.000
09/15/34
1,562,925‌
100,000
Kroger
Co
6
.900
04/15/38
117,134‌
250,000
Kroger
Co
5
.000
04/15/42
242,736‌
300,000
Kroger
Co
5
.150
08/01/43
291,837‌
300,000
Kroger
Co
3
.875
10/15/46
241,109‌
900,000
Kroger
Co
4
.450
02/01/47
791,213‌
700,000
Kroger
Co
4
.650
01/15/48
633,131‌
300,000
Kroger
Co
5
.400
01/15/49
300,461‌
500,000
Kroger
Co
3
.950
01/15/50
403,226‌
1,550,000
Kroger
Co
5
.500
09/15/54
1,559,927‌
1,700,000
Kroger
Co
5
.650
09/15/64
1,709,007‌
125,000
SYSCO
Corp
3
.750
10/01/25
124,128‌
350,000
SYSCO
Corp
3
.300
07/15/26
344,263‌
500,000
SYSCO
Corp
5
.750
01/17/29
528,431‌
1,000,000
SYSCO
Corp
2
.400
02/15/30
906,713‌
332,000
SYSCO
Corp
5
.950
04/01/30
356,461‌
400,000
SYSCO
Corp
2
.450
12/14/31
348,627‌
2,275,000
SYSCO
Corp
6
.000
01/17/34
2,496,391‌
300,000
SYSCO
Corp
4
.850
10/01/45
283,284‌
500,000
SYSCO
Corp
4
.500
04/01/46
445,038‌
250,000
SYSCO
Corp
4
.450
03/15/48
220,598‌
550,000
SYSCO
Corp
3
.300
02/15/50
403,404‌
905,000
SYSCO
Corp
6
.600
04/01/50
1,060,880‌
675,000
SYSCO
Corp
3
.150
12/14/51
472,491‌
1,700,000
Target
Corp
2
.500
04/15/26
1,671,652‌
1,000,000
Target
Corp
1
.950
01/15/27
960,595‌
600,000
Target
Corp
2
.350
02/15/30
551,141‌
5,000,000
Target
Corp
2
.650
09/15/30
4,652,604‌
500,000
Target
Corp
4
.500
09/15/32
507,645‌
1,000,000
Target
Corp
4
.400
01/15/33
1,009,098‌
875,000
Target
Corp
4
.500
09/15/34
875,079‌
1,000,000
(a)
Target
Corp
2
.950
01/15/52
708,845‌
1,500,000
(a)
Target
Corp
4
.800
01/15/53
1,475,789‌
5,000,000
Walmart,
Inc
1
.050
09/17/26
4,748,288‌
3,000,000
Walmart,
Inc
3
.950
09/09/27
3,020,699‌
3,000,000
Walmart,
Inc
3
.900
04/15/28
3,014,621‌
31
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
CONSUMER
STAPLES
DISTRIBUTION
&
RETAIL
-
0.3%
(continued)
$
1,000,000
Walmart,
Inc
1
.500
%
09/22/28
$
919,529‌
21,000
Walmart,
Inc
2
.375
09/24/29
19,708‌
2,000,000
Walmart,
Inc
4
.000
04/15/30
2,023,356‌
1,750,000
Walmart,
Inc
1
.800
09/22/31
1,521,957‌
5,000,000
Walmart,
Inc
4
.150
09/09/32
5,058,284‌
900,000
Walmart,
Inc
4
.100
04/15/33
902,565‌
825,000
Walmart,
Inc
2
.500
09/22/41
618,276‌
1,500,000
Walmart,
Inc
2
.650
09/22/51
1,031,105‌
4,000,000
Walmart,
Inc
4
.500
09/09/52
3,886,277‌
1,850,000
Walmart,
Inc
4
.500
04/15/53
1,784,407‌
TOTAL
CONSUMER
STAPLES
DISTRIBUTION
&
RETAIL
79,580,131‌
ENERGY
-
1.8%
450,000
(c)
6297782
LLC
4
.911
09/01/27
453,440‌
450,000
(c)
6297782
LLC
5
.026
10/01/29
451,175‌
1,500,000
Apache
Corp
6
.000
01/15/37
1,549,562‌
1,000,000
Apache
Corp
5
.100
09/01/40
889,056‌
750,000
Apache
Corp
5
.350
07/01/49
650,115‌
1,000,000
Baker
Hughes
Holdings
LLC
2
.061
12/15/26
958,742‌
875,000
Baker
Hughes
Holdings
LLC
3
.337
12/15/27
853,901‌
1,000,000
Baker
Hughes
Holdings
LLC
3
.138
11/07/29
947,605‌
500,000
Baker
Hughes
Holdings
LLC
4
.486
05/01/30
504,431‌
800,000
Baker
Hughes
Holdings
LLC
5
.125
09/15/40
799,169‌
875,000
Baker
Hughes
Holdings
LLC
4
.080
12/15/47
742,964‌
475,000
Boardwalk
Pipelines
LP
5
.950
06/01/26
483,631‌
450,000
Boardwalk
Pipelines
LP
4
.450
07/15/27
450,818‌
500,000
Boardwalk
Pipelines
LP
4
.800
05/03/29
502,473‌
1,000,000
Boardwalk
Pipelines
LP
3
.400
02/15/31
918,504‌
1,000,000
Boardwalk
Pipelines
LP
3
.600
09/01/32
904,268‌
1,000,000
Boardwalk
Pipelines
LP
5
.625
08/01/34
1,031,513‌
700,000
BP
Capital
Markets
America,
Inc
3
.796
09/21/25
697,085‌
1,800,000
BP
Capital
Markets
America,
Inc
3
.410
02/11/26
1,784,983‌
150,000
BP
Capital
Markets
America,
Inc
3
.119
05/04/26
147,730‌
200,000
BP
Capital
Markets
America,
Inc
3
.017
01/16/27
195,584‌
500,000
BP
Capital
Markets
America,
Inc
3
.588
04/14/27
494,366‌
1,000,000
(a)
BP
Capital
Markets
America,
Inc
5
.017
11/17/27
1,028,391‌
750,000
BP
Capital
Markets
America,
Inc
3
.937
09/21/28
745,509‌
1,300,000
BP
Capital
Markets
America,
Inc
4
.234
11/06/28
1,304,666‌
2,000,000
BP
Capital
Markets
America,
Inc
4
.699
04/10/29
2,041,017‌
2,500,000
BP
Capital
Markets
America,
Inc
4
.970
10/17/29
2,579,643‌
1,000,000
BP
Capital
Markets
America,
Inc
3
.633
04/06/30
970,810‌
1,000,000
BP
Capital
Markets
America,
Inc
1
.749
08/10/30
872,661‌
2,000,000
BP
Capital
Markets
America,
Inc
2
.721
01/12/32
1,782,519‌
2,350,000
BP
Capital
Markets
America,
Inc
4
.812
02/13/33
2,381,429‌
850,000
BP
Capital
Markets
America,
Inc
4
.893
09/11/33
864,877‌
900,000
BP
Capital
Markets
America,
Inc
4
.989
04/10/34
919,589‌
1,500,000
BP
Capital
Markets
America,
Inc
5
.227
11/17/34
1,561,704‌
1,000,000
BP
Capital
Markets
America,
Inc
3
.060
06/17/41
776,784‌
2,000,000
BP
Capital
Markets
America,
Inc
3
.000
02/24/50
1,384,995‌
950,000
BP
Capital
Markets
America,
Inc
2
.772
11/10/50
624,884‌
2,500,000
BP
Capital
Markets
America,
Inc
2
.939
06/04/51
1,699,281‌
1,000,000
BP
Capital
Markets
America,
Inc
3
.001
03/17/52
686,448‌
2,500,000
BP
Capital
Markets
America,
Inc
3
.379
02/08/61
1,759,957‌
925,000
BP
Capital
Markets
plc
3
.279
09/19/27
906,636‌
300,000
BP
Capital
Markets
plc
3
.723
11/28/28
294,875‌
1,125,000
Canadian
Natural
Resources
Ltd
3
.850
06/01/27
1,109,420‌
1,500,000
Canadian
Natural
Resources
Ltd
2
.950
07/15/30
1,371,396‌
1,625,000
Canadian
Natural
Resources
Ltd
6
.250
03/15/38
1,745,912‌
800,000
Canadian
Natural
Resources
Ltd
4
.950
06/01/47
734,987‌
1,200,000
Cenovus
Energy,
Inc
2
.650
01/15/32
1,034,878‌
1,425,000
Cenovus
Energy,
Inc
3
.750
02/15/52
1,048,451‌
3,200,000
Cheniere
Corpus
Christi
Holdings
LLC
3
.700
11/15/29
3,076,502‌
2,000,000
Cheniere
Corpus
Christi
Holdings
LLC
2
.742
12/31/39
1,660,366‌
Bond
Index
32
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
ENERGY
-
1.8%
(continued)
$
1,000,000
Cheniere
Energy
Partners
LP
4
.500
%
10/01/29
$
986,326‌
1,000,000
Cheniere
Energy
Partners
LP
4
.000
03/01/31
946,389‌
1,000,000
Cheniere
Energy
Partners
LP
3
.250
01/31/32
894,217‌
2,350,000
Cheniere
Energy
Partners
LP
5
.950
06/30/33
2,486,643‌
2,100,000
(c)
Cheniere
Energy,
Inc
5
.650
04/15/34
2,172,681‌
400,000
Chevron
Corp
3
.326
11/17/25
396,665‌
2,475,000
Chevron
Corp
2
.954
05/16/26
2,438,736‌
2,225,000
Chevron
Corp
1
.995
05/11/27
2,125,599‌
1,600,000
Chevron
Corp
2
.236
05/11/30
1,452,898‌
1,000,000
Chevron
Corp
3
.078
05/11/50
732,232‌
2,000,000
Chevron
USA,
Inc
1
.018
08/12/27
1,849,350‌
1,000,000
Chevron
USA,
Inc
3
.250
10/15/29
967,988‌
250,000
(a)
Chevron
USA,
Inc
2
.343
08/12/50
156,159‌
300,000
Columbia
Pipeline
Group,
Inc
5
.800
06/01/45
309,371‌
1,000,000
(c)
Columbia
Pipelines
Holding
Co
LLC
5
.097
10/01/31
1,008,618‌
1,000,000
(c)
Columbia
Pipelines
Operating
Co
LLC
5
.695
10/01/54
1,005,257‌
750,000
ConocoPhillips
5
.900
10/15/32
825,206‌
750,000
ConocoPhillips
Co
6
.950
04/15/29
834,039‌
875,000
ConocoPhillips
Co
5
.050
09/15/33
905,606‌
77,000
ConocoPhillips
Co
4
.150
11/15/34
74,910‌
1,700,000
ConocoPhillips
Co
3
.758
03/15/42
1,444,979‌
300,000
ConocoPhillips
Co
4
.300
11/15/44
266,673‌
850,000
ConocoPhillips
Co
3
.800
03/15/52
681,591‌
400,000
ConocoPhillips
Co
5
.300
05/15/53
404,247‌
575,000
ConocoPhillips
Co
5
.550
03/15/54
601,155‌
3,612,000
ConocoPhillips
Co
4
.025
03/15/62
2,911,178‌
1,500,000
ConocoPhillips
Co
5
.700
09/15/63
1,599,802‌
1,500,000
Continental
Resources,
Inc
4
.375
01/15/28
1,478,490‌
525,000
Coterra
Energy,
Inc
3
.900
05/15/27
517,213‌
300,000
Coterra
Energy,
Inc
4
.375
03/15/29
296,207‌
1,000,000
Coterra
Energy,
Inc
5
.600
03/15/34
1,034,636‌
1,000,000
DCP
Midstream
Operating
LP
5
.625
07/15/27
1,028,673‌
1,000,000
DCP
Midstream
Operating
LP
5
.125
05/15/29
1,024,902‌
2,000,000
Devon
Energy
Corp
4
.500
01/15/30
1,982,284‌
1,000,000
(a)
Devon
Energy
Corp
5
.200
09/15/34
995,739‌
885,000
(a)
Devon
Energy
Corp
5
.600
07/15/41
867,478‌
700,000
Devon
Energy
Corp
4
.750
05/15/42
619,712‌
1,100,000
Devon
Energy
Corp
5
.000
06/15/45
982,046‌
1,000,000
Devon
Energy
Corp
5
.750
09/15/54
973,290‌
425,000
Diamondback
Energy,
Inc
3
.250
12/01/26
415,944‌
1,000,000
Diamondback
Energy,
Inc
5
.200
04/18/27
1,020,596‌
1,000,000
Diamondback
Energy,
Inc
3
.500
12/01/29
951,106‌
1,000,000
Diamondback
Energy,
Inc
5
.150
01/30/30
1,025,970‌
650,000
Diamondback
Energy,
Inc
3
.125
03/24/31
592,584‌
1,000,000
Diamondback
Energy,
Inc
6
.250
03/15/33
1,078,467‌
825,000
Diamondback
Energy,
Inc
5
.400
04/18/34
842,200‌
1,000,000
Diamondback
Energy,
Inc
4
.400
03/24/51
829,770‌
450,000
Diamondback
Energy,
Inc
4
.250
03/15/52
364,789‌
1,000,000
Diamondback
Energy,
Inc
6
.250
03/15/53
1,071,284‌
1,500,000
Diamondback
Energy,
Inc
5
.750
04/18/54
1,511,507‌
1,000,000
Diamondback
Energy,
Inc
5
.900
04/18/64
1,007,942‌
750,000
Eastern
Gas
Transmission
&
Storage,
Inc
3
.000
11/15/29
701,632‌
200,000
Eastern
Gas
Transmission
&
Storage,
Inc
4
.800
11/01/43
186,479‌
200,000
Eastern
Gas
Transmission
&
Storage,
Inc
4
.600
12/15/44
181,225‌
300,000
Enbridge
Energy
Partners
LP
5
.500
09/15/40
301,572‌
200,000
Enbridge
Energy
Partners
LP
7
.375
10/15/45
242,682‌
1,500,000
Enbridge,
Inc
1
.600
10/04/26
1,423,255‌
100,000
Enbridge,
Inc
4
.250
12/01/26
99,893‌
500,000
Enbridge,
Inc
5
.250
04/05/27
511,933‌
100,000
Enbridge,
Inc
3
.700
07/15/27
98,573‌
1,500,000
Enbridge,
Inc
6
.000
11/15/28
1,592,889‌
500,000
Enbridge,
Inc
5
.300
04/05/29
517,716‌
33
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
ENERGY
-
1.8%
(continued)
$
500,000
Enbridge,
Inc
3
.125
%
11/15/29
$
471,871‌
1,000,000
Enbridge,
Inc
6
.200
11/15/30
1,088,782‌
500,000
Enbridge,
Inc
5
.700
03/08/33
526,975‌
1,500,000
Enbridge,
Inc
2
.500
08/01/33
1,259,659‌
350,000
Enbridge,
Inc
5
.625
04/05/34
367,085‌
300,000
Enbridge,
Inc
4
.500
06/10/44
265,906‌
925,000
Enbridge,
Inc
5
.500
12/01/46
940,044‌
1,000,000
Enbridge,
Inc
4
.000
11/15/49
806,221‌
2,000,000
Enbridge,
Inc
3
.400
08/01/51
1,443,571‌
1,000,000
Enbridge,
Inc
6
.700
11/15/53
1,157,919‌
200,000
Enbridge,
Inc
5
.950
04/05/54
211,524‌
750,000
Enbridge,
Inc
7
.200
06/27/54
786,302‌
750,000
Enbridge,
Inc
7
.375
03/15/55
777,859‌
1,000,000
Enbridge,
Inc
8
.250
01/15/84
1,059,283‌
1,000,000
Enbridge,
Inc
8
.500
01/15/84
1,118,498‌
200,000
Energy
Transfer
LP
5
.950
12/01/25
202,209‌
325,000
Energy
Transfer
LP
4
.750
01/15/26
325,381‌
400,000
Energy
Transfer
LP
3
.900
07/15/26
396,234‌
200,000
Energy
Transfer
LP
4
.400
03/15/27
200,318‌
250,000
Energy
Transfer
LP
4
.200
04/15/27
249,171‌
1,000,000
Energy
Transfer
LP
5
.550
02/15/28
1,033,584‌
1,250,000
Energy
Transfer
LP
4
.950
05/15/28
1,268,648‌
350,000
Energy
Transfer
LP
4
.950
06/15/28
355,965‌
1,000,000
Energy
Transfer
LP
6
.100
12/01/28
1,063,564‌
2,600,000
Energy
Transfer
LP
5
.250
04/15/29
2,674,529‌
1,000,000
Energy
Transfer
LP
5
.250
07/01/29
1,029,934‌
500,000
Energy
Transfer
LP
4
.150
09/15/29
492,195‌
3,125,000
Energy
Transfer
LP
3
.750
05/15/30
2,985,229‌
1,000,000
Energy
Transfer
LP
6
.400
12/01/30
1,089,396‌
2,100,000
Energy
Transfer
LP
5
.750
02/15/33
2,196,304‌
1,550,000
Energy
Transfer
LP
6
.550
12/01/33
1,711,220‌
2,400,000
Energy
Transfer
LP
5
.550
05/15/34
2,484,989‌
1,000,000
Energy
Transfer
LP
5
.600
09/01/34
1,038,920‌
400,000
Energy
Transfer
LP
4
.900
03/15/35
394,859‌
500,000
Energy
Transfer
LP
5
.800
06/15/38
520,599‌
140,000
Energy
Transfer
LP
7
.500
07/01/38
167,085‌
650,000
Energy
Transfer
LP
6
.500
02/01/42
710,353‌
100,000
Energy
Transfer
LP
6
.100
02/15/42
103,871‌
200,000
Energy
Transfer
LP
5
.150
02/01/43
187,533‌
200,000
Energy
Transfer
LP
5
.950
10/01/43
203,670‌
300,000
Energy
Transfer
LP
5
.300
04/01/44
286,907‌
100,000
Energy
Transfer
LP
5
.000
05/15/44
91,595‌
550,000
Energy
Transfer
LP
5
.150
03/15/45
512,533‌
200,000
Energy
Transfer
LP
5
.350
05/15/45
190,532‌
625,000
Energy
Transfer
LP
6
.125
12/15/45
652,268‌
500,000
Energy
Transfer
LP
5
.300
04/15/47
471,154‌
1,225,000
Energy
Transfer
LP
5
.400
10/01/47
1,166,502‌
1,025,000
Energy
Transfer
LP
6
.000
06/15/48
1,049,415‌
2,750,000
Energy
Transfer
LP
6
.250
04/15/49
2,891,627‌
2,175,000
Energy
Transfer
LP
5
.000
05/15/50
1,964,940‌
2,400,000
Energy
Transfer
LP
5
.950
05/15/54
2,456,282‌
1,000,000
Energy
Transfer
LP
0
.000
09/01/54
1,035,948‌
1,000,000
EnLink
Midstream
LLC
5
.650
09/01/34
1,033,273‌
1,000,000
EnLink
Midstream
Partners
LP
5
.450
06/01/47
945,663‌
225,000
Enterprise
Products
Operating
LLC
3
.750
02/15/25
224,029‌
450,000
Enterprise
Products
Operating
LLC
3
.700
02/15/26
447,509‌
3,065,000
Enterprise
Products
Operating
LLC
3
.950
02/15/27
3,056,507‌
725,000
Enterprise
Products
Operating
LLC
4
.150
10/16/28
724,576‌
1,450,000
Enterprise
Products
Operating
LLC
3
.125
07/31/29
1,384,565‌
750,000
Enterprise
Products
Operating
LLC
2
.800
01/31/30
699,715‌
1,500,000
Enterprise
Products
Operating
LLC
5
.350
01/31/33
1,574,405‌
1,500,000
Enterprise
Products
Operating
LLC
4
.850
01/31/34
1,521,692‌
Bond
Index
34
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
ENERGY
-
1.8%
(continued)
$
1,000,000
Enterprise
Products
Operating
LLC
4
.950
%
02/15/35
$
1,015,524‌
480,000
Enterprise
Products
Operating
LLC
6
.125
10/15/39
530,724‌
175,000
Enterprise
Products
Operating
LLC
5
.950
02/01/41
189,215‌
525,000
Enterprise
Products
Operating
LLC
4
.850
08/15/42
502,975‌
325,000
Enterprise
Products
Operating
LLC
4
.450
02/15/43
295,645‌
1,775,000
Enterprise
Products
Operating
LLC
4
.850
03/15/44
1,691,623‌
775,000
Enterprise
Products
Operating
LLC
5
.100
02/15/45
763,518‌
500,000
Enterprise
Products
Operating
LLC
4
.900
05/15/46
478,015‌
675,000
Enterprise
Products
Operating
LLC
4
.250
02/15/48
583,361‌
2,475,000
Enterprise
Products
Operating
LLC
4
.800
02/01/49
2,311,882‌
950,000
Enterprise
Products
Operating
LLC
4
.200
01/31/50
810,484‌
1,000,000
Enterprise
Products
Operating
LLC
3
.200
02/15/52
709,004‌
1,425,000
Enterprise
Products
Operating
LLC
3
.300
02/15/53
1,018,866‌
200,000
Enterprise
Products
Operating
LLC
4
.950
10/15/54
190,347‌
1,000,000
Enterprise
Products
Operating
LLC
5
.550
02/16/55
1,033,011‌
1,625,000
Enterprise
Products
Operating
LLC
3
.950
01/31/60
1,274,705‌
700,000
Enterprise
Products
Operating
LLC
5
.250
08/16/77
690,477‌
100,000
Enterprise
Products
Operating
LLC
8
.343
08/16/77
99,998‌
400,000
Enterprise
Products
Operating
LLC
5
.375
02/15/78
382,131‌
475,000
EOG
Resources,
Inc
4
.150
01/15/26
475,004‌
500,000
EOG
Resources,
Inc
4
.375
04/15/30
503,684‌
200,000
EOG
Resources,
Inc
3
.900
04/01/35
187,470‌
200,000
EOG
Resources,
Inc
5
.100
01/15/36
202,031‌
500,000
EOG
Resources,
Inc
4
.950
04/15/50
482,145‌
2,000,000
EQT
Corp
5
.750
02/01/34
2,055,196‌
500,000
Equinor
ASA
3
.250
11/10/24
498,850‌
400,000
Equinor
ASA
1
.750
01/22/26
388,408‌
500,000
Equinor
ASA
3
.000
04/06/27
488,683‌
1,500,000
Equinor
ASA
3
.625
09/10/28
1,478,217‌
300,000
Equinor
ASA
3
.125
04/06/30
285,168‌
1,175,000
Equinor
ASA
2
.375
05/22/30
1,072,600‌
300,000
Equinor
ASA
3
.625
04/06/40
259,003‌
200,000
Equinor
ASA
5
.100
08/17/40
204,847‌
400,000
Equinor
ASA
4
.250
11/23/41
367,964‌
300,000
Equinor
ASA
3
.950
05/15/43
262,476‌
1,300,000
Equinor
ASA
4
.800
11/08/43
1,291,536‌
750,000
Equinor
ASA
3
.250
11/18/49
563,745‌
1,300,000
Equinor
ASA
3
.700
04/06/50
1,055,172‌
4,177,000
Exxon
Mobil
Corp
3
.043
03/01/26
4,126,103‌
1,000,000
Exxon
Mobil
Corp
2
.275
08/16/26
972,058‌
1,750,000
Exxon
Mobil
Corp
3
.294
03/19/27
1,739,074‌
1,000,000
Exxon
Mobil
Corp
2
.440
08/16/29
936,065‌
750,000
Exxon
Mobil
Corp
3
.482
03/19/30
728,585‌
750,000
Exxon
Mobil
Corp
2
.610
10/15/30
691,327‌
1,000,000
Exxon
Mobil
Corp
2
.995
08/16/39
821,351‌
3,250,000
Exxon
Mobil
Corp
4
.227
03/19/40
3,042,635‌
500,000
Exxon
Mobil
Corp
3
.567
03/06/45
414,416‌
1,225,000
Exxon
Mobil
Corp
4
.114
03/01/46
1,091,685‌
1,400,000
Exxon
Mobil
Corp
3
.095
08/16/49
1,027,948‌
2,100,000
Exxon
Mobil
Corp
4
.327
03/19/50
1,902,053‌
2,800,000
Exxon
Mobil
Corp
3
.452
04/15/51
2,169,682‌
75,000
Halliburton
Co
3
.800
11/15/25
74,472‌
2,000,000
Halliburton
Co
2
.920
03/01/30
1,857,508‌
500,000
Halliburton
Co
4
.850
11/15/35
499,257‌
125,000
Halliburton
Co
6
.700
09/15/38
143,922‌
125,000
Halliburton
Co
7
.450
09/15/39
153,986‌
750,000
Halliburton
Co
4
.750
08/01/43
699,463‌
2,825,000
(a)
Halliburton
Co
5
.000
11/15/45
2,706,192‌
1,000,000
(c)
Helmerich
&
Payne,
Inc
4
.650
12/01/27
1,002,077‌
1,000,000
(c)
Helmerich
&
Payne,
Inc
4
.850
12/01/29
986,324‌
1,000,000
Helmerich
&
Payne,
Inc
2
.900
09/29/31
857,108‌
1,000,000
(c)
Helmerich
&
Payne,
Inc
5
.500
12/01/34
974,080‌
35
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
ENERGY
-
1.8%
(continued)
$
2,100,000
Hess
Corp
4
.300
%
04/01/27
$
2,099,500‌
200,000
Hess
Corp
6
.000
01/15/40
215,631‌
1,190,000
Hess
Corp
5
.600
02/15/41
1,238,146‌
900,000
Hess
Corp
5
.800
04/01/47
948,906‌
200,000
HF
Sinclair
Corp
5
.875
04/01/26
202,828‌
1,000,000
HF
Sinclair
Corp
4
.500
10/01/30
973,902‌
300,000
Kinder
Morgan
Energy
Partners
LP
6
.950
01/15/38
340,955‌
535,000
Kinder
Morgan
Energy
Partners
LP
6
.500
09/01/39
586,629‌
400,000
Kinder
Morgan
Energy
Partners
LP
4
.700
11/01/42
356,577‌
500,000
Kinder
Morgan
Energy
Partners
LP
5
.000
03/01/43
459,872‌
400,000
Kinder
Morgan
Energy
Partners
LP
5
.500
03/01/44
393,358‌
200,000
Kinder
Morgan
Energy
Partners
LP
5
.400
09/01/44
193,390‌
1,500,000
Kinder
Morgan,
Inc
1
.750
11/15/26
1,425,564‌
2,825,000
Kinder
Morgan,
Inc
4
.300
03/01/28
2,830,013‌
1,000,000
Kinder
Morgan,
Inc
5
.000
02/01/29
1,021,366‌
1,000,000
Kinder
Morgan,
Inc
5
.100
08/01/29
1,026,040‌
450,000
Kinder
Morgan,
Inc
2
.000
02/15/31
386,698‌
300,000
Kinder
Morgan,
Inc
7
.750
01/15/32
350,390‌
1,250,000
Kinder
Morgan,
Inc
4
.800
02/01/33
1,238,764‌
1,000,000
Kinder
Morgan,
Inc
5
.200
06/01/33
1,012,309‌
1,000,000
Kinder
Morgan,
Inc
5
.400
02/01/34
1,024,760‌
3,300,000
Kinder
Morgan,
Inc
5
.300
12/01/34
3,351,338‌
1,600,000
Kinder
Morgan,
Inc
5
.550
06/01/45
1,580,993‌
2,325,000
Kinder
Morgan,
Inc
5
.200
03/01/48
2,171,679‌
500,000
Kinder
Morgan,
Inc
3
.250
08/01/50
340,333‌
2,500,000
Kinder
Morgan,
Inc
3
.600
02/15/51
1,808,504‌
750,000
Kinder
Morgan,
Inc
5
.450
08/01/52
729,078‌
1,000,000
Kinder
Morgan,
Inc
5
.950
08/01/54
1,037,771‌
1,500,000
Magellan
Midstream
Partners
LP
3
.950
03/01/50
1,152,663‌
1,475,000
Marathon
Oil
Corp
4
.400
07/15/27
1,476,787‌
325,000
Marathon
Oil
Corp
5
.300
04/01/29
337,000‌
1,000,000
Marathon
Oil
Corp
5
.700
04/01/34
1,073,079‌
505,000
Marathon
Oil
Corp
6
.600
10/01/37
577,303‌
600,000
Marathon
Oil
Corp
5
.200
06/01/45
590,194‌
500,000
Marathon
Petroleum
Corp
4
.700
05/01/25
499,365‌
200,000
Marathon
Petroleum
Corp
3
.800
04/01/28
196,614‌
1,300,000
Marathon
Petroleum
Corp
6
.500
03/01/41
1,415,711‌
450,000
Marathon
Petroleum
Corp
4
.750
09/15/44
400,893‌
250,000
Marathon
Petroleum
Corp
5
.850
12/15/45
254,256‌
600,000
Marathon
Petroleum
Corp
4
.500
04/01/48
512,240‌
200,000
Marathon
Petroleum
Corp
5
.000
09/15/54
178,015‌
2,800,000
MPLX
LP
1
.750
03/01/26
2,696,453‌
100,000
MPLX
LP
4
.125
03/01/27
99,474‌
150,000
MPLX
LP
4
.250
12/01/27
149,443‌
475,000
MPLX
LP
4
.000
03/15/28
468,456‌
2,125,000
MPLX
LP
2
.650
08/15/30
1,912,615‌
500,000
MPLX
LP
4
.950
09/01/32
501,897‌
1,000,000
MPLX
LP
5
.000
03/01/33
1,000,553‌
1,050,000
MPLX
LP
5
.500
06/01/34
1,078,751‌
975,000
MPLX
LP
4
.500
04/15/38
901,243‌
375,000
MPLX
LP
5
.200
03/01/47
355,519‌
700,000
MPLX
LP
5
.200
12/01/47
656,317‌
825,000
MPLX
LP
4
.700
04/15/48
719,492‌
850,000
MPLX
LP
5
.500
02/15/49
827,598‌
2,000,000
MPLX
LP
4
.950
03/14/52
1,794,582‌
600,000
MPLX
LP
5
.650
03/01/53
596,618‌
1,600,000
MPLX
LP
4
.900
04/15/58
1,407,955‌
500,000
National
Oilwell
Varco,
Inc
3
.600
12/01/29
474,486‌
800,000
National
Oilwell
Varco,
Inc
3
.950
12/01/42
631,892‌
1,000,000
Northwest
Pipeline
LLC
4
.000
04/01/27
989,700‌
1,500,000
Occidental
Petroleum
Corp
5
.500
12/01/25
1,506,288‌
1,500,000
Occidental
Petroleum
Corp
5
.550
03/15/26
1,517,070‌
Bond
Index
36
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
ENERGY
-
1.8%
(continued)
$
1,000,000
Occidental
Petroleum
Corp
5
.000
%
08/01/27
$
1,013,762‌
1,000,000
Occidental
Petroleum
Corp
5
.200
08/01/29
1,016,601‌
1,500,000
Occidental
Petroleum
Corp
8
.875
07/15/30
1,769,364‌
2,000,000
Occidental
Petroleum
Corp
6
.625
09/01/30
2,157,702‌
1,500,000
Occidental
Petroleum
Corp
7
.500
05/01/31
1,704,455‌
1,000,000
Occidental
Petroleum
Corp
5
.375
01/01/32
1,013,733‌
1,000,000
Occidental
Petroleum
Corp
5
.550
10/01/34
1,015,185‌
3,000,000
Occidental
Petroleum
Corp
6
.450
09/15/36
3,239,880‌
1,500,000
Occidental
Petroleum
Corp
6
.600
03/15/46
1,613,982‌
150,000
Occidental
Petroleum
Corp
6
.050
10/01/54
152,288‌
130,000
ONEOK
Partners
LP
6
.650
10/01/36
144,901‌
250,000
ONEOK
Partners
LP
6
.850
10/15/37
281,148‌
100,000
ONEOK
Partners
LP
6
.125
02/01/41
104,658‌
100,000
ONEOK,
Inc
5
.850
01/15/26
101,516‌
900,000
ONEOK,
Inc
5
.000
03/01/26
904,103‌
1,300,000
ONEOK,
Inc
4
.000
07/13/27
1,290,024‌
1,000,000
ONEOK,
Inc
4
.250
09/24/27
1,000,956‌
725,000
ONEOK,
Inc
4
.550
07/15/28
728,722‌
2,000,000
ONEOK,
Inc
5
.650
11/01/28
2,090,366‌
325,000
ONEOK,
Inc
4
.350
03/15/29
323,250‌
500,000
ONEOK,
Inc
3
.400
09/01/29
475,410‌
1,000,000
ONEOK,
Inc
4
.400
10/15/29
996,617‌
500,000
ONEOK,
Inc
3
.100
03/15/30
465,291‌
475,000
ONEOK,
Inc
3
.250
06/01/30
445,235‌
2,000,000
ONEOK,
Inc
5
.800
11/01/30
2,129,196‌
175,000
ONEOK,
Inc
6
.350
01/15/31
189,626‌
1,000,000
ONEOK,
Inc
4
.750
10/15/31
1,000,002‌
825,000
ONEOK,
Inc
6
.100
11/15/32
888,100‌
1,500,000
ONEOK,
Inc
6
.050
09/01/33
1,602,697‌
1,000,000
ONEOK,
Inc
5
.050
11/01/34
995,443‌
225,000
ONEOK,
Inc
4
.250
09/15/46
184,851‌
675,000
ONEOK,
Inc
4
.950
07/13/47
609,438‌
425,000
ONEOK,
Inc
4
.200
10/03/47
340,643‌
1,350,000
ONEOK,
Inc
5
.200
07/15/48
1,260,773‌
525,000
ONEOK,
Inc
4
.850
02/01/49
469,561‌
1,000,000
ONEOK,
Inc
4
.450
09/01/49
834,142‌
500,000
ONEOK,
Inc
4
.500
03/15/50
416,175‌
300,000
ONEOK,
Inc
7
.150
01/15/51
346,199‌
1,500,000
ONEOK,
Inc
6
.625
09/01/53
1,664,459‌
1,500,000
ONEOK,
Inc
5
.700
11/01/54
1,491,467‌
1,500,000
ONEOK,
Inc
5
.850
11/01/64
1,488,599‌
1,500,000
Ovintiv,
Inc
5
.375
01/01/26
1,510,010‌
500,000
Ovintiv,
Inc
5
.650
05/15/28
515,791‌
1,000,000
Ovintiv,
Inc
6
.250
07/15/33
1,058,205‌
1,000,000
Ovintiv,
Inc
6
.500
08/15/34
1,079,649‌
1,000,000
Ovintiv,
Inc
7
.100
07/15/53
1,127,017‌
500,000
Patterson-UTI
Energy,
Inc
7
.150
10/01/33
538,403‌
925,000
Phillips
66
1
.300
02/15/26
888,663‌
1,000,000
Phillips
66
3
.900
03/15/28
989,561‌
738,000
Phillips
66
4
.650
11/15/34
720,964‌
125,000
Phillips
66
5
.875
05/01/42
132,888‌
2,375,000
Phillips
66
4
.875
11/15/44
2,212,906‌
825,000
Phillips
66
3
.300
03/15/52
573,358‌
100,000
Phillips
66
Co
3
.550
10/01/26
98,702‌
1,000,000
Phillips
66
Co
4
.950
12/01/27
1,023,343‌
675,000
Phillips
66
Co
3
.750
03/01/28
664,569‌
500,000
Phillips
66
Co
3
.150
12/15/29
472,777‌
1,250,000
Phillips
66
Co
5
.250
06/15/31
1,292,614‌
1,125,000
Phillips
66
Co
5
.300
06/30/33
1,159,733‌
1,000,000
Phillips
66
Co
4
.950
03/15/35
989,282‌
425,000
Phillips
66
Co
4
.680
02/15/45
383,435‌
350,000
Phillips
66
Co
4
.900
10/01/46
322,615‌
37
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
ENERGY
-
1.8%
(continued)
$
1,000,000
Phillips
66
Co
5
.650
%
06/15/54
$
1,008,431‌
1,000,000
Phillips
66
Co
5
.500
03/15/55
980,482‌
2,000,000
Pioneer
Natural
Resources
Co
1
.125
01/15/26
1,923,208‌
350,000
Pioneer
Natural
Resources
Co
5
.100
03/29/26
354,937‌
1,750,000
Pioneer
Natural
Resources
Co
2
.150
01/15/31
1,537,376‌
1,025,000
Plains
All
American
Pipeline
LP
4
.650
10/15/25
1,023,371‌
2,075,000
Plains
All
American
Pipeline
LP
4
.500
12/15/26
2,076,173‌
1,500,000
Plains
All
American
Pipeline
LP
3
.550
12/15/29
1,426,727‌
1,000,000
Plains
All
American
Pipeline
LP
3
.800
09/15/30
953,081‌
750,000
Plains
All
American
Pipeline
LP
5
.700
09/15/34
779,376‌
100,000
Plains
All
American
Pipeline
LP
6
.650
01/15/37
110,582‌
250,000
Plains
All
American
Pipeline
LP
5
.150
06/01/42
236,290‌
300,000
Plains
All
American
Pipeline
LP
4
.700
06/15/44
265,304‌
300,000
Plains
All
American
Pipeline
LP
4
.900
02/15/45
270,755‌
275,000
Sabine
Pass
Liquefaction
LLC
5
.875
06/30/26
279,492‌
2,675,000
Sabine
Pass
Liquefaction
LLC
5
.000
03/15/27
2,709,721‌
550,000
Sabine
Pass
Liquefaction
LLC
4
.200
03/15/28
547,098‌
1,500,000
Sabine
Pass
Liquefaction
LLC
4
.500
05/15/30
1,496,021‌
1,000,000
Sabine
Pass
Liquefaction
LLC
5
.900
09/15/37
1,054,669‌
750,000
Schlumberger
Finance
Canada
Ltd
1
.400
09/17/25
730,070‌
1,500,000
(a)
Schlumberger
Investment
S.A.
2
.650
06/26/30
1,378,965‌
1,000,000
Schlumberger
Investment
S.A.
4
.850
05/15/33
1,022,154‌
1,000,000
Schlumberger
Investment
S.A.
5
.000
06/01/34
1,026,737‌
2,075,000
Shell
International
Finance
BV
2
.875
05/10/26
2,035,071‌
925,000
Shell
International
Finance
BV
2
.500
09/12/26
897,229‌
1,225,000
Shell
International
Finance
BV
3
.875
11/13/28
1,221,805‌
4,000,000
Shell
International
Finance
BV
2
.375
11/07/29
3,707,385‌
1,000,000
Shell
International
Finance
BV
2
.750
04/06/30
931,368‌
500,000
Shell
International
Finance
BV
4
.125
05/11/35
485,920‌
350,000
Shell
International
Finance
BV
6
.375
12/15/38
406,093‌
100,000
Shell
International
Finance
BV
5
.500
03/25/40
106,276‌
1,500,000
Shell
International
Finance
BV
2
.875
11/26/41
1,144,982‌
1,200,000
Shell
International
Finance
BV
4
.550
08/12/43
1,131,156‌
2,025,000
Shell
International
Finance
BV
4
.375
05/11/45
1,839,794‌
650,000
Shell
International
Finance
BV
4
.000
05/10/46
555,813‌
3,180,000
Shell
International
Finance
BV
3
.750
09/12/46
2,608,504‌
1,500,000
Shell
International
Finance
BV
3
.125
11/07/49
1,086,258‌
1,500,000
Shell
International
Finance
BV
3
.250
04/06/50
1,113,166‌
2,000,000
Shell
International
Finance
BV
3
.000
11/26/51
1,395,065‌
1,100,000
Spectra
Energy
Partners
LP
3
.375
10/15/26
1,080,602‌
200,000
Spectra
Energy
Partners
LP
5
.950
09/25/43
208,123‌
600,000
Spectra
Energy
Partners
LP
4
.500
03/15/45
522,917‌
250,000
Suncor
Energy,
Inc
6
.800
05/15/38
285,843‌
1,625,000
Suncor
Energy,
Inc
6
.500
06/15/38
1,820,917‌
1,550,000
Suncor
Energy,
Inc
4
.000
11/15/47
1,233,610‌
1,000,000
Suncor
Energy,
Inc
3
.750
03/04/51
755,085‌
2,000,000
Targa
Resources
Corp
5
.200
07/01/27
2,045,825‌
350,000
Targa
Resources
Corp
4
.200
02/01/33
331,412‌
750,000
Targa
Resources
Corp
6
.125
03/15/33
804,856‌
1,500,000
Targa
Resources
Corp
5
.500
02/15/35
1,544,823‌
575,000
Targa
Resources
Corp
4
.950
04/15/52
517,507‌
1,250,000
Targa
Resources
Corp
6
.250
07/01/52
1,345,341‌
750,000
Targa
Resources
Corp
6
.500
02/15/53
832,326‌
1,000,000
Targa
Resources
Partners
LP
6
.875
01/15/29
1,025,312‌
400,000
Targa
Resources
Partners
LP
6
.150
03/01/29
426,211‌
1,000,000
Targa
Resources
Partners
LP
5
.500
03/01/30
1,018,299‌
500,000
Targa
Resources
Partners
LP
6
.500
03/30/34
552,619‌
300,000
TC
PipeLines
LP
4
.375
03/13/25
298,856‌
350,000
TC
PipeLines
LP
3
.900
05/25/27
344,660‌
1,000,000
Tosco
Corp
8
.125
02/15/30
1,187,326‌
1,300,000
Total
Capital
International
S.A.
2
.829
01/10/30
1,224,401‌
500,000
TotalEnergies
Capital
International
S.A.
2
.434
01/10/25
496,509‌
Bond
Index
38
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
ENERGY
-
1.8%
(continued)
$
900,000
TotalEnergies
Capital
International
S.A.
3
.455
%
02/19/29
$
879,521‌
775,000
TotalEnergies
Capital
International
S.A.
2
.986
06/29/41
600,711‌
500,000
TotalEnergies
Capital
International
S.A.
3
.461
07/12/49
383,690‌
1,500,000
TotalEnergies
Capital
International
S.A.
3
.127
05/29/50
1,086,226‌
1,000,000
TotalEnergies
Capital
International
S.A.
3
.386
06/29/60
714,875‌
1,125,000
TotalEnergies
Capital
S.A.
3
.883
10/11/28
1,118,342‌
300,000
TotalEnergies
Capital
S.A.
5
.150
04/05/34
312,023‌
500,000
TotalEnergies
Capital
S.A.
4
.724
09/10/34
502,511‌
1,275,000
TotalEnergies
Capital
S.A.
5
.488
04/05/54
1,317,641‌
700,000
TotalEnergies
Capital
S.A.
5
.275
09/10/54
701,008‌
1,925,000
TotalEnergies
Capital
S.A.
5
.638
04/05/64
2,007,276‌
750,000
TotalEnergies
Capital
S.A.
5
.425
09/10/64
754,824‌
1,225,000
TransCanada
PipeLines
Ltd
4
.875
01/15/26
1,230,296‌
4,000,000
TransCanada
PipeLines
Ltd
4
.100
04/15/30
3,937,188‌
1,750,000
TransCanada
PipeLines
Ltd
2
.500
10/12/31
1,551,155‌
1,925,000
TransCanada
PipeLines
Ltd
4
.625
03/01/34
1,899,351‌
100,000
TransCanada
PipeLines
Ltd
6
.200
10/15/37
109,739‌
500,000
TransCanada
PipeLines
Ltd
4
.750
05/15/38
482,136‌
200,000
TransCanada
PipeLines
Ltd
7
.625
01/15/39
246,446‌
125,000
TransCanada
PipeLines
Ltd
6
.100
06/01/40
135,009‌
1,200,000
TransCanada
PipeLines
Ltd
5
.000
10/16/43
1,148,733‌
750,000
TransCanada
PipeLines
Ltd
4
.875
05/15/48
701,930‌
1,425,000
TransCanada
PipeLines
Ltd
5
.100
03/15/49
1,388,935‌
700,000
Transcontinental
Gas
Pipe
Line
Co
LLC
7
.850
02/01/26
724,002‌
1,200,000
Transcontinental
Gas
Pipe
Line
Co
LLC
4
.000
03/15/28
1,183,879‌
500,000
Transcontinental
Gas
Pipe
Line
Co
LLC
3
.250
05/15/30
468,301‌
850,000
Transcontinental
Gas
Pipe
Line
Co
LLC
4
.600
03/15/48
746,293‌
500,000
Transcontinental
Gas
Pipe
Line
Co
LLC
3
.950
05/15/50
397,420‌
225,000
(c)
US
LIQUIDSCO0
5
.584
10/01/34
227,164‌
225,000
(c)
US
LIQUIDSCO0
6
.176
10/01/54
227,759‌
750,000
Valero
Energy
Corp
2
.150
09/15/27
707,412‌
342,000
Valero
Energy
Corp
4
.350
06/01/28
341,832‌
1,500,000
Valero
Energy
Corp
2
.800
12/01/31
1,321,394‌
455,000
Valero
Energy
Corp
7
.500
04/15/32
530,089‌
850,000
Valero
Energy
Corp
6
.625
06/15/37
952,921‌
300,000
Valero
Energy
Corp
4
.900
03/15/45
280,766‌
1,500,000
Valero
Energy
Corp
3
.650
12/01/51
1,093,761‌
1,000,000
Valero
Energy
Corp
4
.000
06/01/52
775,242‌
300,000
Valero
Energy
Partners
LP
4
.500
03/15/28
300,917‌
1,000,000
Veralto
Corp
5
.350
09/18/28
1,041,395‌
1,000,000
Veralto
Corp
5
.450
09/18/33
1,049,178‌
750,000
Western
Midstream
Operating
LP
6
.350
01/15/29
797,383‌
2,000,000
Western
Midstream
Operating
LP
4
.300
02/01/30
1,925,627‌
3,500,000
Western
Midstream
Operating
LP
6
.150
04/01/33
3,699,752‌
1,500,000
Western
Midstream
Operating
LP
5
.450
11/15/34
1,503,171‌
925,000
Williams
Cos,
Inc
4
.000
09/15/25
919,547‌
1,300,000
Williams
Cos,
Inc
3
.750
06/15/27
1,280,845‌
1,300,000
Williams
Cos,
Inc
5
.300
08/15/28
1,342,090‌
1,000,000
Williams
Cos,
Inc
4
.900
03/15/29
1,016,039‌
500,000
Williams
Cos,
Inc
4
.800
11/15/29
507,329‌
3,500,000
Williams
Cos,
Inc
2
.600
03/15/31
3,092,855‌
1,000,000
Williams
Cos,
Inc
4
.650
08/15/32
993,500‌
625,000
Williams
Cos,
Inc
5
.650
03/15/33
654,089‌
1,000,000
Williams
Cos,
Inc
5
.150
03/15/34
1,010,900‌
300,000
Williams
Cos,
Inc
6
.300
04/15/40
327,095‌
300,000
Williams
Cos,
Inc
5
.800
11/15/43
308,039‌
300,000
Williams
Cos,
Inc
5
.400
03/04/44
296,334‌
1,000,000
Williams
Cos,
Inc
4
.900
01/15/45
925,373‌
225,000
Williams
Cos,
Inc
5
.100
09/15/45
214,212‌
1,700,000
Williams
Cos,
Inc
4
.850
03/01/48
1,550,452‌
1,500,000
Williams
Cos,
Inc
3
.500
10/15/51
1,089,583‌
500,000
Williams
Cos,
Inc
5
.300
08/15/52
485,036‌
39
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
ENERGY
-
1.8%
(continued)
$
1,000,000
Williams
Cos,
Inc
5
.800
%
11/15/54
$
1,033,714‌
1,000,000
Woodside
Finance
Ltd
5
.100
09/12/34
993,325‌
575,000
Woodside
Finance
Ltd
5
.700
09/12/54
571,919‌
TOTAL
ENERGY
470,177,472‌
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
-
0.9%
550,000
Agree
LP
2
.000
06/15/28
502,536‌
150,000
Agree
LP
2
.900
10/01/30
136,113‌
200,000
Agree
LP
4
.800
10/01/32
198,311‌
500,000
Agree
LP
2
.600
06/15/33
416,741‌
1,000,000
Agree
LP
5
.625
06/15/34
1,046,130‌
100,000
Alexandria
Real
Estate
Equities,
Inc
3
.450
04/30/25
99,217‌
200,000
Alexandria
Real
Estate
Equities,
Inc
4
.300
01/15/26
199,308‌
500,000
Alexandria
Real
Estate
Equities,
Inc
3
.800
04/15/26
495,872‌
200,000
Alexandria
Real
Estate
Equities,
Inc
4
.500
07/30/29
199,728‌
425,000
Alexandria
Real
Estate
Equities,
Inc
2
.750
12/15/29
390,100‌
100,000
Alexandria
Real
Estate
Equities,
Inc
4
.700
07/01/30
100,721‌
275,000
Alexandria
Real
Estate
Equities,
Inc
3
.375
08/15/31
256,103‌
1,500,000
Alexandria
Real
Estate
Equities,
Inc
2
.000
05/18/32
1,241,204‌
450,000
Alexandria
Real
Estate
Equities,
Inc
1
.875
02/01/33
361,608‌
800,000
Alexandria
Real
Estate
Equities,
Inc
2
.950
03/15/34
691,628‌
600,000
Alexandria
Real
Estate
Equities,
Inc
4
.750
04/15/35
592,498‌
1,000,000
Alexandria
Real
Estate
Equities,
Inc
5
.250
05/15/36
1,016,798‌
500,000
Alexandria
Real
Estate
Equities,
Inc
4
.850
04/15/49
456,956‌
700,000
Alexandria
Real
Estate
Equities,
Inc
4
.000
02/01/50
558,630‌
1,000,000
Alexandria
Real
Estate
Equities,
Inc
3
.000
05/18/51
667,478‌
1,500,000
Alexandria
Real
Estate
Equities,
Inc
3
.550
03/15/52
1,099,959‌
200,000
Alexandria
Real
Estate
Equities,
Inc
5
.150
04/15/53
191,333‌
500,000
Alexandria
Real
Estate
Equities,
Inc
5
.625
05/15/54
512,120‌
1,000,000
American
Assets
Trust
LP
3
.375
02/01/31
869,608‌
1,000,000
American
Assets
Trust
LP
6
.150
10/01/34
1,011,545‌
500,000
American
Homes
4
Rent
LP
4
.900
02/15/29
505,190‌
250,000
American
Homes
4
Rent
LP
2
.375
07/15/31
214,719‌
750,000
American
Homes
4
Rent
LP
3
.625
04/15/32
693,323‌
1,000,000
American
Homes
4
Rent
LP
5
.500
02/01/34
1,032,590‌
250,000
American
Homes
4
Rent
LP
3
.375
07/15/51
175,953‌
500,000
American
Homes
4
Rent
LP
4
.300
04/15/52
413,640‌
1,350,000
American
Tower
Corp
1
.300
09/15/25
1,307,619‌
200,000
American
Tower
Corp
4
.400
02/15/26
199,799‌
1,000,000
American
Tower
Corp
1
.600
04/15/26
958,120‌
1,000,000
American
Tower
Corp
1
.450
09/15/26
946,766‌
425,000
American
Tower
Corp
3
.375
10/15/26
417,631‌
750,000
American
Tower
Corp
2
.750
01/15/27
724,767‌
500,000
American
Tower
Corp
3
.125
01/15/27
486,698‌
500,000
American
Tower
Corp
3
.650
03/15/27
492,354‌
150,000
American
Tower
Corp
3
.550
07/15/27
146,874‌
1,000,000
American
Tower
Corp
5
.500
03/15/28
1,035,630‌
1,250,000
American
Tower
Corp
5
.800
11/15/28
1,313,155‌
1,000,000
American
Tower
Corp
5
.200
02/15/29
1,032,764‌
350,000
American
Tower
Corp
3
.950
03/15/29
343,036‌
750,000
American
Tower
Corp
2
.900
01/15/30
693,539‌
750,000
American
Tower
Corp
2
.100
06/15/30
660,554‌
725,000
American
Tower
Corp
1
.875
10/15/30
624,559‌
1,000,000
American
Tower
Corp
2
.700
04/15/31
892,679‌
1,000,000
American
Tower
Corp
2
.300
09/15/31
860,458‌
500,000
American
Tower
Corp
4
.050
03/15/32
480,122‌
1,000,000
American
Tower
Corp
5
.650
03/15/33
1,056,366‌
1,250,000
American
Tower
Corp
5
.900
11/15/33
1,343,298‌
1,000,000
American
Tower
Corp
5
.450
02/15/34
1,045,383‌
1,350,000
American
Tower
Corp
3
.700
10/15/49
1,045,797‌
425,000
American
Tower
Corp
3
.100
06/15/50
296,171‌
1,000,000
American
Tower
Corp
2
.950
01/15/51
678,412‌
1,000,000
Americold
Realty
Operating
Partnership
LP
5
.409
09/12/34
1,003,170‌
Bond
Index
40
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
-
0.9%
(continued)
$
200,000
AvalonBay
Communities,
Inc
2
.950
%
05/11/26
$
196,064‌
100,000
AvalonBay
Communities,
Inc
2
.900
10/15/26
97,680‌
1,200,000
AvalonBay
Communities,
Inc
3
.350
05/15/27
1,177,285‌
200,000
AvalonBay
Communities,
Inc
3
.200
01/15/28
193,699‌
500,000
AvalonBay
Communities,
Inc
1
.900
12/01/28
456,590‌
750,000
AvalonBay
Communities,
Inc
3
.300
06/01/29
720,976‌
750,000
AvalonBay
Communities,
Inc
2
.300
03/01/30
677,566‌
800,000
AvalonBay
Communities,
Inc
2
.050
01/15/32
688,716‌
450,000
AvalonBay
Communities,
Inc
5
.000
02/15/33
460,153‌
1,000,000
AvalonBay
Communities,
Inc
5
.300
12/07/33
1,043,079‌
500,000
AvalonBay
Communities,
Inc
5
.350
06/01/34
523,332‌
400,000
AvalonBay
Communities,
Inc
4
.150
07/01/47
344,926‌
200,000
AvalonBay
Communities,
Inc
4
.350
04/15/48
178,871‌
1,500,000
Boston
Properties
LP
3
.200
01/15/25
1,490,234‌
275,000
Boston
Properties
LP
3
.650
02/01/26
270,911‌
700,000
Boston
Properties
LP
2
.750
10/01/26
674,770‌
500,000
Boston
Properties
LP
6
.750
12/01/27
528,737‌
550,000
Boston
Properties
LP
4
.500
12/01/28
542,907‌
50,000
Boston
Properties
LP
3
.400
06/21/29
46,755‌
750,000
Boston
Properties
LP
2
.900
03/15/30
673,766‌
1,000,000
Boston
Properties
LP
3
.250
01/30/31
900,721‌
1,000,000
Boston
Properties
LP
2
.550
04/01/32
833,500‌
1,000,000
(a)
Boston
Properties
LP
2
.450
10/01/33
800,181‌
500,000
(a)
Boston
Properties
LP
6
.500
01/15/34
544,182‌
1,500,000
Boston
Properties
LP
5
.750
01/15/35
1,529,802‌
225,000
Brixmor
Operating
Partnership
LP
4
.125
06/15/26
223,722‌
300,000
Brixmor
Operating
Partnership
LP
3
.900
03/15/27
295,211‌
100,000
Brixmor
Operating
Partnership
LP
2
.250
04/01/28
92,204‌
600,000
Brixmor
Operating
Partnership
LP
4
.125
05/15/29
587,275‌
940,000
Brixmor
Operating
Partnership
LP
4
.050
07/01/30
913,950‌
100,000
Brixmor
Operating
Partnership
LP
2
.500
08/16/31
86,851‌
1,500,000
Brixmor
Operating
Partnership
LP
5
.500
02/15/34
1,543,907‌
1,000,000
Brixmor
Operating
Partnership
LP
5
.750
02/15/35
1,053,121‌
500,000
Broadstone
Net
Lease
LLC
2
.600
09/15/31
420,559‌
750,000
Camden
Property
Trust
5
.850
11/03/26
775,858‌
100,000
Camden
Property
Trust
4
.100
10/15/28
99,487‌
325,000
Camden
Property
Trust
3
.150
07/01/29
309,931‌
100,000
Camden
Property
Trust
2
.800
05/15/30
92,524‌
750,000
Camden
Property
Trust
4
.900
01/15/34
754,691‌
500,000
Camden
Property
Trust
3
.350
11/01/49
367,952‌
1,000,000
Corporate
Office
Properties
LP
2
.250
03/15/26
965,866‌
1,000,000
Corporate
Office
Properties
LP
2
.000
01/15/29
888,390‌
175,000
Corporate
Office
Properties
LP
2
.750
04/15/31
153,122‌
500,000
Cousins
Properties
LP
5
.875
10/01/34
513,336‌
975,000
Crown
Castle,
Inc
4
.450
02/15/26
974,378‌
250,000
Crown
Castle,
Inc
3
.700
06/15/26
246,956‌
1,500,000
Crown
Castle,
Inc
1
.050
07/15/26
1,414,868‌
100,000
Crown
Castle,
Inc
4
.000
03/01/27
99,299‌
525,000
Crown
Castle,
Inc
3
.650
09/01/27
514,650‌
750,000
Crown
Castle,
Inc
5
.000
01/11/28
763,144‌
775,000
Crown
Castle,
Inc
3
.800
02/15/28
760,756‌
1,000,000
Crown
Castle,
Inc
4
.800
09/01/28
1,011,386‌
300,000
Crown
Castle,
Inc
4
.300
02/15/29
297,258‌
1,000,000
Crown
Castle,
Inc
5
.600
06/01/29
1,045,257‌
500,000
Crown
Castle,
Inc
4
.900
09/01/29
508,220‌
500,000
Crown
Castle,
Inc
3
.100
11/15/29
467,892‌
275,000
Crown
Castle,
Inc
3
.300
07/01/30
257,147‌
1,050,000
Crown
Castle,
Inc
2
.250
01/15/31
910,476‌
1,500,000
Crown
Castle,
Inc
2
.100
04/01/31
1,283,018‌
1,000,000
Crown
Castle,
Inc
2
.500
07/15/31
870,320‌
1,000,000
Crown
Castle,
Inc
5
.100
05/01/33
1,012,547‌
1,000,000
Crown
Castle,
Inc
5
.800
03/01/34
1,060,574‌
41
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
-
0.9%
(continued)
$
500,000
Crown
Castle,
Inc
5
.200
%
09/01/34
$
506,463‌
1,000,000
Crown
Castle,
Inc
2
.900
04/01/41
741,276‌
200,000
Crown
Castle,
Inc
4
.750
05/15/47
181,899‌
300,000
Crown
Castle,
Inc
5
.200
02/15/49
288,183‌
500,000
Crown
Castle,
Inc
4
.000
11/15/49
404,020‌
200,000
Crown
Castle,
Inc
4
.150
07/01/50
165,711‌
875,000
Crown
Castle,
Inc
3
.250
01/15/51
623,127‌
200,000
CubeSmart
LP
3
.125
09/01/26
195,068‌
600,000
CubeSmart
LP
2
.250
12/15/28
551,803‌
100,000
CubeSmart
LP
4
.375
02/15/29
99,481‌
250,000
CubeSmart
LP
3
.000
02/15/30
231,984‌
450,000
CubeSmart
LP
2
.000
02/15/31
385,279‌
700,000
CubeSmart
LP
2
.500
02/15/32
606,435‌
475,000
Digital
Realty
Trust
LP
3
.700
08/15/27
468,309‌
1,300,000
Digital
Realty
Trust
LP
5
.550
01/15/28
1,345,745‌
300,000
Digital
Realty
Trust
LP
4
.450
07/15/28
300,705‌
1,000,000
Digital
Realty
Trust
LP
3
.600
07/01/29
966,463‌
1,000,000
EPR
Properties
3
.600
11/15/31
891,430‌
1,000,000
Equinix
Europe
2
Financing
Corp
LLC
5
.500
06/15/34
1,049,331‌
2,000,000
Equinix,
Inc
1
.450
05/15/26
1,910,616‌
650,000
Equinix,
Inc
2
.900
11/18/26
632,664‌
800,000
Equinix,
Inc
1
.550
03/15/28
729,761‌
2,000,000
Equinix,
Inc
2
.000
05/15/28
1,844,031‌
1,000,000
Equinix,
Inc
3
.200
11/18/29
943,898‌
175,000
Equinix,
Inc
2
.150
07/15/30
154,672‌
1,000,000
Equinix,
Inc
2
.500
05/15/31
883,502‌
1,500,000
Equinix,
Inc
3
.400
02/15/52
1,092,812‌
200,000
ERP
Operating
LP
2
.850
11/01/26
194,967‌
1,150,000
ERP
Operating
LP
3
.250
08/01/27
1,122,942‌
500,000
ERP
Operating
LP
3
.500
03/01/28
488,450‌
200,000
ERP
Operating
LP
4
.150
12/01/28
199,577‌
750,000
ERP
Operating
LP
3
.000
07/01/29
709,027‌
300,000
ERP
Operating
LP
2
.500
02/15/30
274,163‌
500,000
ERP
Operating
LP
1
.850
08/01/31
426,057‌
1,000,000
ERP
Operating
LP
4
.650
09/15/34
995,171‌
425,000
ERP
Operating
LP
4
.500
07/01/44
390,974‌
100,000
ERP
Operating
LP
4
.000
08/01/47
83,406‌
650,000
Essential
Properties
LP
2
.950
07/15/31
565,787‌
100,000
Essex
Portfolio
LP
3
.375
04/15/26
98,389‌
200,000
Essex
Portfolio
LP
3
.625
05/01/27
196,706‌
900,000
Essex
Portfolio
LP
4
.000
03/01/29
883,815‌
325,000
Essex
Portfolio
LP
3
.000
01/15/30
301,849‌
750,000
Essex
Portfolio
LP
1
.650
01/15/31
627,292‌
1,000,000
Essex
Portfolio
LP
2
.550
06/15/31
873,545‌
600,000
Essex
Portfolio
LP
5
.500
04/01/34
623,716‌
300,000
Essex
Portfolio
LP
4
.500
03/15/48
264,533‌
525,000
Extra
Space
Storage
LP
3
.500
07/01/26
518,114‌
200,000
Extra
Space
Storage
LP
3
.875
12/15/27
197,194‌
500,000
Extra
Space
Storage
LP
3
.900
04/01/29
488,281‌
500,000
Extra
Space
Storage
LP
4
.000
06/15/29
490,201‌
1,000,000
Extra
Space
Storage
LP
5
.500
07/01/30
1,045,365‌
100,000
Extra
Space
Storage
LP
2
.200
10/15/30
87,613‌
500,000
Extra
Space
Storage
LP
5
.900
01/15/31
530,374‌
700,000
Extra
Space
Storage
LP
2
.550
06/01/31
609,447‌
450,000
Extra
Space
Storage
LP
2
.400
10/15/31
387,131‌
500,000
Extra
Space
Storage
LP
2
.350
03/15/32
421,994‌
750,000
Extra
Space
Storage
LP
5
.400
02/01/34
774,585‌
300,000
Federal
Realty
OP
LP
1
.250
02/15/26
286,912‌
50,000
Federal
Realty
OP
LP
3
.250
07/15/27
48,468‌
1,000,000
Federal
Realty
OP
LP
5
.375
05/01/28
1,026,922‌
1,300,000
Federal
Realty
OP
LP
3
.200
06/15/29
1,227,593‌
300,000
Federal
Realty
OP
LP
3
.500
06/01/30
283,118‌
Bond
Index
42
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
-
0.9%
(continued)
$
200,000
Federal
Realty
OP
LP
4
.500
%
12/01/44
$
175,768‌
1,300,000
GLP
Capital
LP
5
.250
06/01/25
1,298,912‌
150,000
GLP
Capital
LP
5
.375
04/15/26
150,608‌
750,000
GLP
Capital
LP
5
.750
06/01/28
769,860‌
200,000
GLP
Capital
LP
5
.300
01/15/29
203,398‌
500,000
GLP
Capital
LP
4
.000
01/15/30
477,427‌
500,000
GLP
Capital
LP
4
.000
01/15/31
468,713‌
750,000
GLP
Capital
LP
3
.250
01/15/32
663,487‌
1,000,000
GLP
Capital
LP
6
.750
12/01/33
1,100,005‌
800,000
Healthcare
Realty
Holdings
LP
3
.500
08/01/26
786,299‌
100,000
Healthcare
Realty
Holdings
LP
3
.625
01/15/28
95,637‌
500,000
Healthcare
Realty
Holdings
LP
3
.100
02/15/30
459,413‌
100,000
Healthcare
Realty
Holdings
LP
2
.400
03/15/30
87,290‌
975,000
Healthcare
Realty
Holdings
LP
2
.000
03/15/31
816,251‌
175,000
Healthcare
Realty
Holdings
LP
2
.050
03/15/31
143,929‌
100,000
Healthpeak
OP
LLC
3
.250
07/15/26
98,279‌
1,500,000
Healthpeak
OP
LLC
1
.350
02/01/27
1,402,962‌
325,000
Healthpeak
OP
LLC
2
.125
12/01/28
297,392‌
600,000
Healthpeak
OP
LLC
3
.500
07/15/29
575,541‌
1,000,000
Healthpeak
OP
LLC
3
.000
01/15/30
931,971‌
175,000
Healthpeak
OP
LLC
2
.875
01/15/31
159,421‌
30,000
Healthpeak
OP
LLC
6
.750
02/01/41
34,235‌
750,000
Healthpeak
Properties
Interim,
Inc
5
.250
12/15/32
772,593‌
100,000
Highwoods
Realty
LP
3
.875
03/01/27
97,738‌
150,000
Highwoods
Realty
LP
4
.125
03/15/28
145,487‌
250,000
Highwoods
Realty
LP
4
.200
04/15/29
241,585‌
500,000
Highwoods
Realty
LP
3
.050
02/15/30
449,947‌
775,000
Highwoods
Realty
LP
2
.600
02/01/31
660,314‌
1,000,000
(a)
Highwoods
Realty
LP
7
.650
02/01/34
1,149,662‌
200,000
Host
Hotels
&
Resorts
LP
4
.000
06/15/25
198,620‌
100,000
Host
Hotels
&
Resorts
LP
4
.500
02/01/26
99,701‌
500,000
Host
Hotels
&
Resorts
LP
3
.375
12/15/29
465,614‌
850,000
Host
Hotels
&
Resorts
LP
3
.500
09/15/30
788,294‌
200,000
Host
Hotels
&
Resorts
LP
2
.900
12/15/31
175,871‌
100,000
Host
Hotels
&
Resorts
LP
5
.700
07/01/34
103,253‌
1,000,000
Host
Hotels
&
Resorts
LP
5
.500
04/15/35
1,014,496‌
300,000
Invitation
Homes
Operating
Partnership
LP
2
.300
11/15/28
274,850‌
500,000
Invitation
Homes
Operating
Partnership
LP
5
.450
08/15/30
521,118‌
500,000
Invitation
Homes
Operating
Partnership
LP
2
.000
08/15/31
419,650‌
575,000
Invitation
Homes
Operating
Partnership
LP
4
.150
04/15/32
549,244‌
500,000
Invitation
Homes
Operating
Partnership
LP
5
.500
08/15/33
514,780‌
750,000
Invitation
Homes
Operating
Partnership
LP
2
.700
01/15/34
627,384‌
1,000,000
Invitation
Homes
Operating
Partnership
LP
4
.875
02/01/35
987,151‌
125,000
Kilroy
Realty
LP
3
.450
12/15/24
124,321‌
250,000
Kilroy
Realty
LP
4
.750
12/15/28
248,074‌
200,000
(a)
Kilroy
Realty
LP
4
.250
08/15/29
191,495‌
750,000
Kilroy
Realty
LP
3
.050
02/15/30
670,416‌
500,000
Kilroy
Realty
LP
2
.500
11/15/32
400,722‌
1,000,000
Kilroy
Realty
LP
2
.650
11/15/33
783,450‌
400,000
Kilroy
Realty
LP
6
.250
01/15/36
409,554‌
625,000
Kimco
Realty
OP
LLC
2
.800
10/01/26
606,423‌
200,000
Kimco
Realty
OP
LLC
3
.800
04/01/27
197,555‌
500,000
Kimco
Realty
OP
LLC
1
.900
03/01/28
461,241‌
750,000
Kimco
Realty
OP
LLC
2
.700
10/01/30
681,506‌
1,000,000
Kimco
Realty
OP
LLC
2
.250
12/01/31
852,516‌
500,000
Kimco
Realty
OP
LLC
4
.600
02/01/33
496,094‌
1,000,000
Kimco
Realty
OP
LLC
4
.850
03/01/35
993,089‌
200,000
Kimco
Realty
OP
LLC
4
.250
04/01/45
171,720‌
175,000
Kimco
Realty
OP
LLC
4
.125
12/01/46
144,471‌
100,000
Kimco
Realty
OP
LLC
4
.450
09/01/47
86,569‌
500,000
Kimco
Realty
OP
LLC
3
.700
10/01/49
390,897‌
1,000,000
Kimco
Realty
OP,
LLC
6
.400
03/01/34
1,113,241‌
43
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
-
0.9%
(continued)
$
500,000
Kite
Realty
Group
LP
4
.950
%
12/15/31
$
500,633‌
400,000
Kite
Realty
Group
LP
5
.500
03/01/34
412,060‌
350,000
Kite
Realty
Group
Trust
4
.750
09/15/30
350,048‌
750,000
LXP
Industrial
Trust
6
.750
11/15/28
802,392‌
750,000
LXP
Industrial
Trust
2
.700
09/15/30
667,053‌
1,000,000
Mid-America
Apartments
LP
1
.100
09/15/26
943,076‌
750,000
Mid-America
Apartments
LP
3
.600
06/01/27
740,013‌
200,000
Mid-America
Apartments
LP
4
.200
06/15/28
199,492‌
625,000
Mid-America
Apartments
LP
3
.950
03/15/29
618,103‌
175,000
Mid-America
Apartments
LP
2
.750
03/15/30
161,766‌
250,000
Mid-America
Apartments
LP
1
.700
02/15/31
211,862‌
1,000,000
Mid-America
Apartments
LP
5
.300
02/15/32
1,040,521‌
500,000
(a)
Mid-America
Apartments
LP
5
.000
03/15/34
510,498‌
150,000
Mid-America
Apartments
LP
2
.875
09/15/51
101,172‌
500,000
National
Health
Investors,
Inc
3
.000
02/01/31
436,195‌
1,550,000
NNN
REIT,
Inc
3
.500
10/15/27
1,514,906‌
300,000
NNN
REIT,
Inc
2
.500
04/15/30
269,627‌
200,000
NNN
REIT,
Inc
5
.600
10/15/33
209,290‌
1,000,000
NNN
REIT,
Inc
5
.500
06/15/34
1,040,562‌
500,000
NNN
REIT,
Inc
3
.100
04/15/50
342,331‌
1,000,000
NNN
REIT,
Inc
3
.000
04/15/52
661,886‌
200,000
OMEGA
Healthcare
Investors,
Inc
4
.500
04/01/27
199,006‌
825,000
OMEGA
Healthcare
Investors,
Inc
4
.750
01/15/28
823,608‌
500,000
OMEGA
Healthcare
Investors,
Inc
3
.625
10/01/29
471,227‌
500,000
OMEGA
Healthcare
Investors,
Inc
3
.375
02/01/31
455,579‌
1,000,000
OMEGA
Healthcare
Investors,
Inc
3
.250
04/15/33
860,536‌
1,000,000
Phillips
Edison
Grocery
Center
Operating
Partnership
I
LP
2
.625
11/15/31
861,048‌
1,000,000
Phillips
Edison
Grocery
Center
Operating
Partnership
I
LP
5
.750
07/15/34
1,044,533‌
1,000,000
Phillips
Edison
Grocery
Center
Operating
Partnership
I
LP
4
.950
01/15/35
982,504‌
200,000
Physicians
Realty
LP
4
.300
03/15/27
199,793‌
200,000
Physicians
Realty
LP
3
.950
01/15/28
196,890‌
1,000,000
Physicians
Realty
LP
2
.625
11/01/31
873,075‌
750,000
(a)
Piedmont
Operating
Partnership
LP
6
.875
07/15/29
788,212‌
1,000,000
Piedmont
Operating
Partnership
LP
2
.750
04/01/32
811,102‌
100,000
Prologis
LP
3
.250
10/01/26
98,459‌
100,000
Prologis
LP
4
.375
02/01/29
100,867‌
500,000
Prologis
LP
2
.250
04/15/30
451,502‌
1,000,000
Prologis
LP
1
.625
03/15/31
844,728‌
100,000
Prologis
LP
4
.375
09/15/48
89,909‌
500,000
Prologis
LP
3
.000
04/15/50
349,581‌
500,000
Prologis
LP
2
.125
10/15/50
285,323‌
100,000
ProLogis
LP
3
.250
06/30/26
98,570‌
1,000,000
ProLogis
LP
3
.375
12/15/27
979,570‌
750,000
ProLogis
LP
4
.875
06/15/28
769,596‌
100,000
ProLogis
LP
4
.000
09/15/28
99,644‌
225,000
ProLogis
LP
2
.875
11/15/29
211,435‌
200,000
ProLogis
LP
1
.750
07/01/30
174,443‌
775,000
ProLogis
LP
2
.250
01/15/32
666,394‌
1,000,000
ProLogis
LP
4
.625
01/15/33
1,005,538‌
750,000
ProLogis
LP
4
.750
06/15/33
760,132‌
750,000
ProLogis
LP
5
.125
01/15/34
775,433‌
1,000,000
ProLogis
LP
5
.000
03/15/34
1,025,446‌
1,000,000
ProLogis
LP
5
.150
01/31/35
1,024,082‌
500,000
ProLogis
LP
3
.050
03/01/50
349,088‌
1,250,000
ProLogis
LP
5
.250
06/15/53
1,267,031‌
1,250,000
ProLogis
LP
5
.250
03/15/54
1,269,340‌
1,500,000
Public
Storage
0
.875
02/15/26
1,434,673‌
750,000
Public
Storage
1
.500
11/09/26
711,856‌
200,000
Public
Storage
3
.094
09/15/27
194,972‌
750,000
Public
Storage
1
.950
11/09/28
689,982‌
500,000
Public
Storage
3
.385
05/01/29
485,963‌
250,000
Public
Storage
2
.250
11/09/31
217,604‌
Bond
Index
44
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
-
0.9%
(continued)
$
1,000,000
Public
Storage
5
.100
%
08/01/33
$
1,037,055‌
1,500,000
Public
Storage
5
.350
08/01/53
1,550,614‌
1,000,000
Rayonier
LP
2
.750
05/17/31
872,532‌
750,000
Realty
Income
Corp
0
.750
03/15/26
711,037‌
425,000
Realty
Income
Corp
4
.875
06/01/26
428,681‌
200,000
Realty
Income
Corp
4
.125
10/15/26
199,703‌
200,000
Realty
Income
Corp
3
.000
01/15/27
194,724‌
300,000
Realty
Income
Corp
3
.200
01/15/27
293,283‌
650,000
Realty
Income
Corp
3
.950
08/15/27
646,022‌
1,000,000
Realty
Income
Corp
3
.400
01/15/28
975,665‌
1,000,000
Realty
Income
Corp
3
.650
01/15/28
981,823‌
1,000,000
Realty
Income
Corp
2
.100
03/15/28
930,154‌
500,000
Realty
Income
Corp
2
.200
06/15/28
464,374‌
750,000
Realty
Income
Corp
4
.700
12/15/28
761,006‌
500,000
Realty
Income
Corp
4
.750
02/15/29
509,298‌
500,000
Realty
Income
Corp
3
.250
06/15/29
477,210‌
500,000
Realty
Income
Corp
4
.000
07/15/29
492,232‌
500,000
Realty
Income
Corp
3
.100
12/15/29
471,790‌
300,000
Realty
Income
Corp
3
.400
01/15/30
285,160‌
1,000,000
Realty
Income
Corp
4
.850
03/15/30
1,024,813‌
1,500,000
Realty
Income
Corp
3
.250
01/15/31
1,399,328‌
500,000
Realty
Income
Corp
3
.200
02/15/31
463,288‌
750,000
Realty
Income
Corp
1
.800
03/15/33
597,395‌
750,000
Realty
Income
Corp
4
.900
07/15/33
757,714‌
500,000
Realty
Income
Corp
5
.125
02/15/34
511,202‌
300,000
Realty
Income
Corp
4
.650
03/15/47
278,515‌
1,000,000
Realty
Income
Corp
5
.375
09/01/54
1,017,910‌
200,000
Regency
Centers
Corp
5
.250
01/15/34
206,450‌
375,000
Regency
Centers
LP
3
.600
02/01/27
368,967‌
125,000
Regency
Centers
LP
4
.125
03/15/28
124,084‌
425,000
Regency
Centers
LP
2
.950
09/15/29
397,519‌
500,000
Regency
Centers
LP
3
.700
06/15/30
481,047‌
425,000
Regency
Centers
LP
5
.100
01/15/35
432,531‌
200,000
Regency
Centers
LP
4
.400
02/01/47
175,540‌
300,000
Regency
Centers
LP
4
.650
03/15/49
269,510‌
500,000
Retail
Opportunity
Investments
Partnership
LP
6
.750
10/15/28
536,498‌
500,000
Rexford
Industrial
Realty
LP
5
.000
06/15/28
507,721‌
1,000,000
Rexford
Industrial
Realty
LP
2
.125
12/01/30
864,340‌
300,000
Sabra
Health
Care
LP
5
.125
08/15/26
301,713‌
1,000,000
Sabra
Health
Care
LP
3
.200
12/01/31
880,128‌
1,000,000
Safehold
GL
Holdings
LLC
2
.800
06/15/31
877,871‌
1,000,000
Safehold
GL
Holdings
LLC
6
.100
04/01/34
1,056,814‌
625,000
Simon
Property
Group
LP
3
.300
01/15/26
617,656‌
350,000
Simon
Property
Group
LP
3
.250
11/30/26
343,883‌
1,000,000
(a)
Simon
Property
Group
LP
1
.375
01/15/27
941,304‌
200,000
Simon
Property
Group
LP
3
.375
06/15/27
196,842‌
300,000
Simon
Property
Group
LP
3
.375
12/01/27
294,118‌
1,000,000
Simon
Property
Group
LP
1
.750
02/01/28
926,406‌
1,750,000
Simon
Property
Group
LP
2
.450
09/13/29
1,608,832‌
750,000
Simon
Property
Group
LP
2
.650
07/15/30
687,665‌
1,000,000
Simon
Property
Group
LP
2
.200
02/01/31
877,169‌
500,000
Simon
Property
Group
LP
2
.250
01/15/32
430,691‌
1,500,000
Simon
Property
Group
LP
2
.650
02/01/32
1,323,729‌
1,000,000
Simon
Property
Group
LP
5
.500
03/08/33
1,056,293‌
500,000
Simon
Property
Group
LP
6
.250
01/15/34
552,813‌
1,000,000
Simon
Property
Group
LP
4
.750
09/26/34
991,732‌
1,500,000
Simon
Property
Group
LP
4
.250
10/01/44
1,308,271‌
300,000
(a)
Simon
Property
Group
LP
4
.250
11/30/46
261,555‌
500,000
Simon
Property
Group
LP
3
.250
09/13/49
364,536‌
750,000
Simon
Property
Group
LP
3
.800
07/15/50
595,763‌
1,000,000
Simon
Property
Group
LP
5
.850
03/08/53
1,074,339‌
500,000
Simon
Property
Group
LP
6
.650
01/15/54
595,379‌
45
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
-
0.9%
(continued)
$
500,000
STORE
Capital
Corp
4
.625
%
03/15/29
$
490,123‌
500,000
STORE
Capital
Corp
2
.750
11/18/30
437,306‌
500,000
Sun
Communities
Operating
LP
2
.300
11/01/28
456,230‌
500,000
Sun
Communities
Operating
LP
5
.500
01/15/29
514,684‌
1,000,000
Sun
Communities
Operating
LP
4
.200
04/15/32
944,802‌
500,000
Sun
Communities
Operating
LP
5
.700
01/15/33
515,424‌
100,000
Tanger
Properties
LP
3
.125
09/01/26
96,990‌
250,000
Tanger
Properties
LP
3
.875
07/15/27
244,501‌
500,000
Tanger
Properties
LP
2
.750
09/01/31
430,569‌
200,000
UDR,
Inc
3
.500
07/01/27
195,077‌
200,000
UDR,
Inc
3
.500
01/15/28
194,200‌
600,000
UDR,
Inc
3
.200
01/15/30
563,841‌
1,000,000
UDR,
Inc
3
.000
08/15/31
911,467‌
750,000
UDR,
Inc
2
.100
08/01/32
618,136‌
500,000
UDR,
Inc
1
.900
03/15/33
395,889‌
1,000,000
UDR,
Inc
5
.125
09/01/34
1,010,185‌
300,000
UDR,
Inc
3
.100
11/01/34
255,546‌
120,000
Ventas
Realty
LP
4
.125
01/15/26
119,421‌
200,000
Ventas
Realty
LP
3
.250
10/15/26
195,340‌
1,000,000
Ventas
Realty
LP
4
.000
03/01/28
986,549‌
525,000
Ventas
Realty
LP
4
.400
01/15/29
523,454‌
350,000
Ventas
Realty
LP
3
.000
01/15/30
324,177‌
500,000
Ventas
Realty
LP
4
.750
11/15/30
504,585‌
1,025,000
Ventas
Realty
LP
2
.500
09/01/31
890,283‌
1,000,000
Ventas
Realty
LP
5
.625
07/01/34
1,052,356‌
1,000,000
Ventas
Realty
LP
5
.000
01/15/35
1,001,542‌
300,000
Ventas
Realty
LP
4
.375
02/01/45
261,094‌
300,000
Ventas
Realty
LP
4
.875
04/15/49
279,624‌
850,000
VICI
Properties
LP
4
.750
02/15/28
853,283‌
750,000
VICI
Properties
LP
4
.950
02/15/30
754,439‌
1,000,000
(a)
VICI
Properties
LP
5
.750
04/01/34
1,047,306‌
1,000,000
VICI
Properties
LP
5
.625
05/15/52
978,454‌
1,000,000
VICI
Properties
LP
6
.125
04/01/54
1,048,142‌
600,000
Welltower
OP
LLC
4
.250
04/01/26
599,115‌
500,000
Welltower
OP
LLC
2
.700
02/15/27
485,524‌
600,000
Welltower
OP
LLC
4
.250
04/15/28
600,608‌
1,000,000
Welltower
OP
LLC
2
.050
01/15/29
912,498‌
500,000
Welltower
OP
LLC
4
.125
03/15/29
496,267‌
425,000
Welltower
OP
LLC
3
.100
01/15/30
399,197‌
400,000
Welltower
OP
LLC
2
.750
01/15/31
361,745‌
1,000,000
Welltower
OP
LLC
2
.800
06/01/31
902,590‌
500,000
Welltower
OP
LLC
2
.750
01/15/32
443,291‌
150,000
Welltower
OP
LLC
3
.850
06/15/32
142,754‌
300,000
Welltower
OP
LLC
4
.950
09/01/48
290,461‌
1,000,000
Weyerhaeuser
Co
4
.750
05/15/26
1,006,349‌
500,000
Weyerhaeuser
Co
4
.000
11/15/29
490,194‌
500,000
Weyerhaeuser
Co
4
.000
04/15/30
489,979‌
304,000
Weyerhaeuser
Co
7
.375
03/15/32
351,868‌
300,000
Weyerhaeuser
Co
3
.375
03/09/33
274,246‌
1,375,000
Weyerhaeuser
Co
4
.000
03/09/52
1,117,835‌
1,000,000
WP
Carey,
Inc
3
.850
07/15/29
971,391‌
750,000
WP
Carey,
Inc
2
.400
02/01/31
654,262‌
500,000
WP
Carey,
Inc
2
.450
02/01/32
426,165‌
TOTAL
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
250,186,092‌
FINANCIAL
SERVICES
-
2.5%
300,000
AerCap
Ireland
Capital
DAC
4
.450
10/01/25
299,184‌
500,000
AerCap
Ireland
Capital
DAC
1
.750
01/30/26
481,578‌
500,000
AerCap
Ireland
Capital
DAC
4
.450
04/03/26
498,733‌
2,500,000
AerCap
Ireland
Capital
DAC
2
.450
10/29/26
2,400,745‌
3,895,000
AerCap
Ireland
Capital
DAC
6
.450
04/15/27
4,080,376‌
250,000
AerCap
Ireland
Capital
DAC
3
.650
07/21/27
245,220‌
1,000,000
AerCap
Ireland
Capital
DAC
4
.625
10/15/27
1,005,504‌
Bond
Index
46
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
FINANCIAL
SERVICES
-
2.5%
(continued)
$
200,000
AerCap
Ireland
Capital
DAC
3
.875
%
01/23/28
$
196,588‌
1,000,000
AerCap
Ireland
Capital
DAC
5
.750
06/06/28
1,042,240‌
1,450,000
AerCap
Ireland
Capital
DAC
3
.000
10/29/28
1,369,723‌
1,000,000
AerCap
Ireland
Capital
DAC
5
.100
01/19/29
1,021,901‌
1,500,000
AerCap
Ireland
Capital
DAC
4
.625
09/10/29
1,500,743‌
4,000,000
AerCap
Ireland
Capital
DAC
6
.150
09/30/30
4,307,880‌
700,000
AerCap
Ireland
Capital
DAC
3
.300
01/30/32
631,749‌
2,000,000
AerCap
Ireland
Capital
DAC
3
.400
10/29/33
1,769,507‌
1,000,000
AerCap
Ireland
Capital
DAC
5
.300
01/19/34
1,023,680‌
1,500,000
AerCap
Ireland
Capital
DAC
4
.950
09/10/34
1,491,787‌
800,000
AerCap
Ireland
Capital
DAC
3
.850
10/29/41
668,941‌
250,000
AerCap
Ireland
Capital
DAC
6
.950
03/10/55
259,197‌
1,000,000
Affiliated
Managers
Group,
Inc
3
.300
06/15/30
928,586‌
500,000
Affiliated
Managers
Group,
Inc
5
.500
08/20/34
506,119‌
1,000,000
Ally
Financial,
Inc
4
.750
06/09/27
999,187‌
400,000
Ally
Financial,
Inc
7
.100
11/15/27
424,050‌
1,000,000
Ally
Financial,
Inc
2
.200
11/02/28
899,663‌
1,500,000
Ally
Financial,
Inc
6
.992
06/13/29
1,585,668‌
500,000
Ally
Financial,
Inc
6
.848
01/03/30
527,936‌
2,000,000
Ally
Financial,
Inc
8
.000
11/01/31
2,264,236‌
1,000,000
Ally
Financial,
Inc
6
.184
07/26/35
1,023,443‌
1,000,000
American
Express
Co
4
.200
11/06/25
999,974‌
1,500,000
American
Express
Co
4
.900
02/13/26
1,512,731‌
2,500,000
American
Express
Co
3
.125
05/20/26
2,458,177‌
2,000,000
American
Express
Co
1
.650
11/04/26
1,901,976‌
1,500,000
American
Express
Co
2
.550
03/04/27
1,448,085‌
1,500,000
American
Express
Co
5
.850
11/05/27
1,576,644‌
1,000,000
American
Express
Co
5
.043
07/26/28
1,021,729‌
575,000
American
Express
Co
4
.050
05/03/29
576,057‌
1,000,000
American
Express
Co
5
.282
07/27/29
1,035,752‌
1,000,000
American
Express
Co
5
.532
04/25/30
1,048,165‌
1,500,000
American
Express
Co
6
.489
10/30/31
1,658,237‌
2,700,000
American
Express
Co
4
.989
05/26/33
2,728,826‌
1,000,000
American
Express
Co
4
.420
08/03/33
991,603‌
3,000,000
American
Express
Co
5
.043
05/01/34
3,077,585‌
1,000,000
American
Express
Co
5
.625
07/28/34
1,045,945‌
500,000
American
Express
Co
5
.915
04/25/35
533,334‌
1,000,000
American
Express
Co
5
.284
07/26/35
1,041,206‌
525,000
American
Express
Co
4
.050
12/03/42
478,620‌
200,000
Ameriprise
Financial,
Inc
2
.875
09/15/26
195,689‌
750,000
Ameriprise
Financial,
Inc
5
.700
12/15/28
793,608‌
350,000
Ameriprise
Financial,
Inc
4
.500
05/13/32
352,784‌
1,000,000
Ameriprise
Financial,
Inc
5
.150
05/15/33
1,041,703‌
1,000,000
Andrew
W
Mellon
Foundation
0
.947
08/01/27
924,981‌
750,000
(c)
Apollo
Debt
Solutions
BDC
6
.900
04/13/29
779,661‌
1,000,000
(c)
Apollo
Debt
Solutions
BDC
6
.700
07/29/31
1,030,213‌
1,500,000
Apollo
Global
Management,
Inc
5
.800
05/21/54
1,599,141‌
1,200,000
Ares
Capital
Corp
3
.875
01/15/26
1,182,521‌
1,500,000
Ares
Capital
Corp
2
.150
07/15/26
1,425,413‌
850,000
Ares
Capital
Corp
7
.000
01/15/27
884,773‌
750,000
Ares
Capital
Corp
2
.875
06/15/28
691,769‌
750,000
Ares
Capital
Corp
5
.875
03/01/29
768,020‌
1,000,000
Ares
Capital
Corp
5
.950
07/15/29
1,026,447‌
750,000
Ares
Capital
Corp
3
.200
11/15/31
650,873‌
500,000
Ares
Management
Corp
6
.375
11/10/28
537,688‌
1,000,000
(c)
Ares
Strategic
Income
Fund
6
.350
08/15/29
1,022,228‌
1,000,000
(c)
Ares
Strategic
Income
Fund
5
.600
02/15/30
992,088‌
1,000,000
Bain
Capital
Specialty
Finance,
Inc
2
.550
10/13/26
948,809‌
1,500,000
Bank
of
New
York
Mellon
Corp
0
.750
01/28/26
1,434,975‌
500,000
Bank
of
New
York
Mellon
Corp
2
.800
05/04/26
489,808‌
500,000
Bank
of
New
York
Mellon
Corp
2
.450
08/17/26
486,700‌
1,000,000
Bank
of
New
York
Mellon
Corp
2
.050
01/26/27
957,525‌
47
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
FINANCIAL
SERVICES
-
2.5%
(continued)
$
300,000
Bank
of
New
York
Mellon
Corp
3
.250
%
05/16/27
$
294,245‌
1,000,000
Bank
of
New
York
Mellon
Corp
3
.400
01/29/28
979,188‌
600,000
Bank
of
New
York
Mellon
Corp
3
.850
04/28/28
596,484‌
2,000,000
Bank
of
New
York
Mellon
Corp
1
.650
07/14/28
1,835,060‌
1,000,000
Bank
of
New
York
Mellon
Corp
4
.890
07/21/28
1,018,497‌
775,000
Bank
of
New
York
Mellon
Corp
5
.802
10/25/28
812,362‌
1,500,000
Bank
of
New
York
Mellon
Corp
4
.543
02/01/29
1,517,554‌
400,000
Bank
of
New
York
Mellon
Corp
3
.300
08/23/29
382,611‌
1,000,000
Bank
of
New
York
Mellon
Corp
6
.317
10/25/29
1,075,641‌
1,000,000
Bank
of
New
York
Mellon
Corp
4
.975
03/14/30
1,032,856‌
500,000
Bank
of
New
York
Mellon
Corp
4
.596
07/26/30
507,275‌
1,500,000
Bank
of
New
York
Mellon
Corp
1
.650
01/28/31
1,287,567‌
1,000,000
Bank
of
New
York
Mellon
Corp
1
.800
07/28/31
858,130‌
1,000,000
Bank
of
New
York
Mellon
Corp
5
.060
07/22/32
1,034,728‌
500,000
Bank
of
New
York
Mellon
Corp
4
.289
06/13/33
490,657‌
1,000,000
Bank
of
New
York
Mellon
Corp
5
.834
10/25/33
1,083,163‌
1,000,000
Bank
of
New
York
Mellon
Corp
4
.706
02/01/34
1,006,684‌
2,000,000
Bank
of
New
York
Mellon
Corp
4
.967
04/26/34
2,048,883‌
1,000,000
Bank
of
New
York
Mellon
Corp
6
.474
10/25/34
1,130,213‌
1,000,000
Bank
of
New
York
Mellon
Corp
5
.188
03/14/35
1,038,207‌
450,000
Bank
of
New
York
Mellon
Corp
5
.606
07/21/39
472,339‌
1,000,000
Barings
BDC,
Inc
3
.300
11/23/26
953,985‌
2,400,000
Berkshire
Hathaway,
Inc
3
.125
03/15/26
2,370,917‌
800,000
(a)
Berkshire
Hathaway,
Inc
4
.500
02/11/43
796,403‌
500,000
BGC
Group,
Inc
3
.750
10/01/24
500,000‌
500,000
BGC
Group,
Inc
8
.000
05/25/28
537,991‌
500,000
BGC
Group,
Inc
6
.600
06/10/29
517,220‌
1,000,000
BlackRock
Funding,
Inc
4
.700
03/14/29
1,028,551‌
1,000,000
BlackRock
Funding,
Inc
5
.000
03/14/34
1,042,308‌
1,500,000
BlackRock
Funding,
Inc
4
.900
01/08/35
1,548,640‌
1,000,000
BlackRock
Funding,
Inc
5
.250
03/14/54
1,036,182‌
1,500,000
BlackRock
Funding,
Inc
5
.350
01/08/55
1,579,037‌
1,000,000
(a)
BlackRock
TCP
Capital
Corp
2
.850
02/09/26
965,675‌
500,000
(a)
BlackRock
TCP
Capital
Corp
6
.950
05/30/29
509,713‌
850,000
BlackRock,
Inc
3
.250
04/30/29
825,327‌
1,450,000
BlackRock,
Inc
1
.900
01/28/31
1,266,811‌
2,000,000
BlackRock,
Inc
2
.100
02/25/32
1,728,377‌
1,000,000
BlackRock,
Inc
4
.750
05/25/33
1,028,987‌
1,500,000
Blackstone
Private
Credit
Fund
7
.050
09/29/25
1,528,162‌
1,800,000
Blackstone
Private
Credit
Fund
2
.625
12/15/26
1,701,992‌
1,000,000
Blackstone
Private
Credit
Fund
3
.250
03/15/27
953,023‌
500,000
(c)
Blackstone
Private
Credit
Fund
7
.300
11/27/28
532,079‌
1,000,000
(a)
Blackstone
Private
Credit
Fund
4
.000
01/15/29
951,948‌
500,000
(c)
Blackstone
Private
Credit
Fund
5
.950
07/16/29
509,095‌
1,000,000
(c)
Blackstone
Private
Credit
Fund
5
.250
04/01/30
985,116‌
500,000
(a),(c)
Blackstone
Private
Credit
Fund
6
.250
01/25/31
513,641‌
750,000
Blackstone
Secured
Lending
Fund
3
.625
01/15/26
734,808‌
1,400,000
(a)
Blackstone
Secured
Lending
Fund
2
.750
09/16/26
1,337,790‌
1,000,000
Blackstone
Secured
Lending
Fund
2
.125
02/15/27
931,961‌
500,000
Blackstone
Secured
Lending
Fund
5
.875
11/15/27
508,419‌
1,000,000
Blue
Owl
Capital
Corp
4
.250
01/15/26
988,116‌
750,000
Blue
Owl
Capital
Corp
3
.400
07/15/26
726,085‌
1,000,000
Blue
Owl
Capital
Corp
2
.875
06/11/28
916,046‌
1,000,000
Blue
Owl
Capital
Corp
5
.950
03/15/29
1,021,185‌
300,000
(c)
Blue
Owl
Capital
Corp
II
8
.450
11/15/26
314,988‌
1,000,000
Blue
Owl
Capital
Corp
III
3
.125
04/13/27
945,552‌
1,000,000
Blue
Owl
Credit
Income
Corp
4
.700
02/08/27
981,200‌
750,000
Blue
Owl
Credit
Income
Corp
7
.750
09/16/27
790,133‌
700,000
Blue
Owl
Credit
Income
Corp
7
.950
06/13/28
747,994‌
1,000,000
(a),(c)
Blue
Owl
Credit
Income
Corp
6
.600
09/15/29
1,025,870‌
1,000,000
(c)
Blue
Owl
Credit
Income
Corp
5
.800
03/15/30
990,487‌
500,000
Blue
Owl
Credit
Income
Corp
6
.650
03/15/31
510,689‌
Bond
Index
48
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
FINANCIAL
SERVICES
-
2.5%
(continued)
$
1,500,000
(c)
Blue
Owl
Finance
LLC
6
.250
%
04/18/34
$
1,570,923‌
1,000,000
Blue
Owl
Technology
Finance
Corp
2
.500
01/15/27
930,270‌
1,000,000
(c)
Blue
Owl
Technology
Finance
Corp
II
6
.750
04/04/29
1,004,682‌
300,000
Brookfield
Asset
Management,
Inc
4
.000
01/15/25
298,839‌
1,000,000
Brookfield
Capital
Finance
LLC
6
.087
06/14/33
1,082,170‌
1,000,000
Brookfield
Finance
I
UK
PLC
2
.340
01/30/32
856,540‌
200,000
Brookfield
Finance,
Inc
4
.250
06/02/26
199,835‌
600,000
Brookfield
Finance,
Inc
3
.900
01/25/28
591,755‌
600,000
Brookfield
Finance,
Inc
4
.850
03/29/29
611,813‌
500,000
Brookfield
Finance,
Inc
6
.350
01/05/34
550,088‌
500,000
Brookfield
Finance,
Inc
5
.675
01/15/35
524,795‌
725,000
Brookfield
Finance,
Inc
4
.700
09/20/47
670,226‌
1,000,000
(a)
Brookfield
Finance,
Inc
3
.500
03/30/51
754,042‌
1,000,000
Brookfield
Finance,
Inc
3
.625
02/15/52
754,609‌
750,000
Brookfield
Finance,
Inc
5
.968
03/04/54
814,569‌
1,000,000
California
Endowment
2
.498
04/01/51
661,121‌
850,000
Capital
One
Financial
Corp
4
.200
10/29/25
843,991‌
700,000
Capital
One
Financial
Corp
3
.750
07/28/26
690,280‌
1,075,000
Capital
One
Financial
Corp
3
.750
03/09/27
1,061,342‌
1,000,000
Capital
One
Financial
Corp
3
.650
05/11/27
983,004‌
1,000,000
Capital
One
Financial
Corp
1
.878
11/02/27
950,194‌
2,700,000
Capital
One
Financial
Corp
3
.800
01/31/28
2,642,109‌
1,400,000
Capital
One
Financial
Corp
4
.927
05/10/28
1,416,735‌
2,000,000
Capital
One
Financial
Corp
5
.468
02/01/29
2,050,139‌
1,000,000
Capital
One
Financial
Corp
6
.312
06/08/29
1,053,345‌
1,500,000
(a)
Capital
One
Financial
Corp
5
.700
02/01/30
1,553,376‌
2,000,000
Capital
One
Financial
Corp
3
.273
03/01/30
1,880,388‌
750,000
Capital
One
Financial
Corp
5
.247
07/26/30
762,733‌
1,000,000
Capital
One
Financial
Corp
5
.463
07/26/30
1,026,390‌
1,000,000
Capital
One
Financial
Corp
7
.624
10/30/31
1,136,532‌
2,525,000
Capital
One
Financial
Corp
2
.359
07/29/32
2,068,720‌
1,000,000
Capital
One
Financial
Corp
2
.618
11/02/32
854,506‌
1,000,000
Capital
One
Financial
Corp
5
.817
02/01/34
1,040,614‌
1,000,000
Capital
One
Financial
Corp
6
.377
06/08/34
1,080,339‌
1,000,000
Capital
One
Financial
Corp
6
.051
02/01/35
1,058,842‌
1,000,000
Capital
One
Financial
Corp
5
.884
07/26/35
1,046,539‌
450,000
Cboe
Global
Markets,
Inc
3
.650
01/12/27
445,124‌
1,000,000
Cboe
Global
Markets,
Inc
1
.625
12/15/30
859,168‌
500,000
Cboe
Global
Markets,
Inc
3
.000
03/16/32
453,850‌
350,000
Charles
Schwab
Corp
3
.625
04/01/25
347,959‌
1,500,000
Charles
Schwab
Corp
0
.900
03/11/26
1,428,888‌
1,500,000
Charles
Schwab
Corp
1
.150
05/13/26
1,429,813‌
1,000,000
Charles
Schwab
Corp
5
.875
08/24/26
1,028,920‌
500,000
Charles
Schwab
Corp
3
.200
03/02/27
488,702‌
350,000
Charles
Schwab
Corp
2
.450
03/03/27
336,134‌
525,000
Charles
Schwab
Corp
3
.300
04/01/27
514,392‌
200,000
Charles
Schwab
Corp
3
.200
01/25/28
194,109‌
2,000,000
Charles
Schwab
Corp
2
.000
03/20/28
1,863,688‌
300,000
Charles
Schwab
Corp
4
.000
02/01/29
298,573‌
1,000,000
Charles
Schwab
Corp
5
.643
05/19/29
1,044,086‌
500,000
Charles
Schwab
Corp
2
.750
10/01/29
465,869‌
1,500,000
Charles
Schwab
Corp
6
.196
11/17/29
1,603,484‌
1,500,000
Charles
Schwab
Corp
1
.650
03/11/31
1,271,435‌
1,500,000
Charles
Schwab
Corp
2
.300
05/13/31
1,324,659‌
1,000,000
Charles
Schwab
Corp
1
.950
12/01/31
851,600‌
1,000,000
Charles
Schwab
Corp
2
.900
03/03/32
898,315‌
750,000
Charles
Schwab
Corp
6
.136
08/24/34
819,873‌
1,500,000
CI
Financial
Corp
3
.200
12/17/30
1,270,890‌
500,000
CME
Group,
Inc
3
.750
06/15/28
497,144‌
1,500,000
CME
Group,
Inc
2
.650
03/15/32
1,355,179‌
400,000
CME
Group,
Inc
5
.300
09/15/43
429,991‌
500,000
CME
Group,
Inc
4
.150
06/15/48
452,110‌
49
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
FINANCIAL
SERVICES
-
2.5%
(continued)
$
1,000,000
Consumers
2023
Securitization
Funding
LLC
5
.210
%
09/01/30
$
1,041,200‌
1,000,000
Corebridge
Financial,
Inc
3
.650
04/05/27
983,749‌
1,000,000
Corebridge
Financial,
Inc
3
.850
04/05/29
974,117‌
2,000,000
Corebridge
Financial,
Inc
3
.900
04/05/32
1,875,819‌
750,000
Corebridge
Financial,
Inc
6
.050
09/15/33
799,637‌
475,000
Corebridge
Financial,
Inc
5
.750
01/15/34
500,655‌
1,000,000
Corebridge
Financial,
Inc
4
.350
04/05/42
885,519‌
500,000
Corebridge
Financial,
Inc
4
.400
04/05/52
427,992‌
1,000,000
Corebridge
Financial,
Inc
6
.875
12/15/52
1,035,160‌
1,800,000
Deutsche
Bank
AG.
4
.100
01/13/26
1,784,139‌
800,000
Deutsche
Bank
AG.
6
.720
01/18/29
846,909‌
1,000,000
Deutsche
Bank
AG.
3
.742
01/07/33
875,239‌
2,500,000
Deutsche
Bank
AG.
7
.079
02/10/34
2,692,690‌
1,000,000
DH
Europe
Finance
II
Sarl
3
.400
11/15/49
779,871‌
200,000
Discover
Bank
4
.250
03/13/26
199,151‌
1,125,000
Discover
Bank
3
.450
07/27/26
1,101,310‌
300,000
Discover
Bank
5
.974
08/09/28
309,785‌
350,000
Discover
Bank
4
.650
09/13/28
350,096‌
325,000
Discover
Bank
2
.700
02/06/30
292,704‌
200,000
Discover
Financial
Services
4
.500
01/30/26
199,751‌
350,000
Discover
Financial
Services
4
.100
02/09/27
347,082‌
500,000
Discover
Financial
Services
6
.700
11/29/32
549,344‌
1,500,000
Discover
Financial
Services
7
.964
11/02/34
1,762,475‌
200,000
Eaton
Vance
Corp
3
.500
04/06/27
196,870‌
1,000,000
Enact
Holdings,
Inc
6
.250
05/28/29
1,038,263‌
750,000
Equitable
Holdings,
Inc
5
.594
01/11/33
785,397‌
1,000,000
Essent
Group
Ltd
6
.250
07/01/29
1,043,106‌
1,000,000
FactSet
Research
Systems,
Inc
2
.900
03/01/27
967,110‌
1,500,000
Fidelity
National
Information
Services,
Inc
1
.150
03/01/26
1,433,812‌
2,500,000
Fidelity
National
Information
Services,
Inc
5
.100
07/15/32
2,591,940‌
425,000
Fidelity
National
Information
Services,
Inc
3
.100
03/01/41
327,345‌
900,000
Fiserv,
Inc
3
.200
07/01/26
883,446‌
1,000,000
Fiserv,
Inc
5
.450
03/02/28
1,037,453‌
1,000,000
Fiserv,
Inc
5
.375
08/21/28
1,038,728‌
1,125,000
Fiserv,
Inc
3
.500
07/01/29
1,086,907‌
1,000,000
Fiserv,
Inc
4
.750
03/15/30
1,019,286‌
2,175,000
Fiserv,
Inc
2
.650
06/01/30
1,981,741‌
1,000,000
Fiserv,
Inc
5
.350
03/15/31
1,046,010‌
1,000,000
Fiserv,
Inc
5
.625
08/21/33
1,059,259‌
700,000
Fiserv,
Inc
5
.450
03/15/34
731,607‌
1,000,000
Fiserv,
Inc
5
.150
08/12/34
1,025,381‌
2,300,000
Fiserv,
Inc
4
.400
07/01/49
2,033,128‌
750,000
Ford
Foundation
2
.415
06/01/50
494,379‌
525,000
Ford
Foundation
2
.815
06/01/70
334,458‌
750,000
(c)
Franklin
BSP
Capital
Corp
7
.200
06/15/29
768,963‌
1,500,000
Franklin
Resources,
Inc
1
.600
10/30/30
1,272,509‌
500,000
Franklin
Resources,
Inc
2
.950
08/12/51
339,226‌
750,000
FS
KKR
Capital
Corp
3
.400
01/15/26
731,166‌
1,000,000
FS
KKR
Capital
Corp
2
.625
01/15/27
940,519‌
1,500,000
FS
KKR
Capital
Corp
3
.125
10/12/28
1,362,343‌
500,000
FS
KKR
Capital
Corp
6
.875
08/15/29
520,558‌
1,608,000
GE
Capital
Funding
LLC
4
.550
05/15/32
1,609,718‌
2,500,000
Global
Payments,
Inc
1
.200
03/01/26
2,389,259‌
300,000
Global
Payments,
Inc
4
.800
04/01/26
300,638‌
1,000,000
Global
Payments,
Inc
2
.150
01/15/27
953,112‌
500,000
Global
Payments,
Inc
4
.950
08/15/27
508,228‌
500,000
Global
Payments,
Inc
4
.450
06/01/28
498,107‌
475,000
Global
Payments,
Inc
3
.200
08/15/29
445,012‌
500,000
Global
Payments,
Inc
5
.300
08/15/29
513,955‌
325,000
Global
Payments,
Inc
2
.900
05/15/30
296,017‌
500,000
Global
Payments,
Inc
5
.400
08/15/32
513,222‌
1,250,000
Global
Payments,
Inc
4
.150
08/15/49
1,007,325‌
Bond
Index
50
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
FINANCIAL
SERVICES
-
2.5%
(continued)
$
500,000
(a)
Global
Payments,
Inc
5
.950
%
08/15/52
$
516,099‌
500,000
Goldman
Sachs
BDC,
Inc
2
.875
01/15/26
487,527‌
1,000,000
Goldman
Sachs
BDC,
Inc
6
.375
03/11/27
1,030,745‌
425,000
Goldman
Sachs
Group,
Inc
3
.500
11/16/26
418,625‌
125,000
Goldman
Sachs
Group,
Inc
5
.950
01/15/27
129,591‌
3,950,000
Goldman
Sachs
Group,
Inc
3
.850
01/26/27
3,915,904‌
5,000,000
Goldman
Sachs
Group,
Inc
1
.542
09/10/27
4,738,575‌
6,500,000
Goldman
Sachs
Group,
Inc
1
.948
10/21/27
6,196,537‌
2,000,000
Goldman
Sachs
Group,
Inc
2
.640
02/24/28
1,922,375‌
3,000,000
Goldman
Sachs
Group,
Inc
3
.615
03/15/28
2,951,517‌
4,475,000
Goldman
Sachs
Group,
Inc
3
.691
06/05/28
4,404,159‌
2,000,000
Goldman
Sachs
Group,
Inc
4
.482
08/23/28
2,010,572‌
8,525,000
Goldman
Sachs
Group,
Inc
3
.814
04/23/29
8,357,866‌
2,550,000
Goldman
Sachs
Group,
Inc
4
.223
05/01/29
2,535,132‌
2,000,000
Goldman
Sachs
Group,
Inc
6
.484
10/24/29
2,153,677‌
2,500,000
Goldman
Sachs
Group,
Inc
2
.600
02/07/30
2,295,287‌
2,500,000
Goldman
Sachs
Group,
Inc
3
.800
03/15/30
2,432,080‌
5,000,000
Goldman
Sachs
Group,
Inc
5
.727
04/25/30
5,254,763‌
4,000,000
Goldman
Sachs
Group,
Inc
5
.049
07/23/30
4,104,302‌
5,000,000
Goldman
Sachs
Group,
Inc
1
.992
01/27/32
4,277,088‌
2,050,000
Goldman
Sachs
Group,
Inc
2
.615
04/22/32
1,811,615‌
2,550,000
Goldman
Sachs
Group,
Inc
2
.383
07/21/32
2,211,488‌
1,500,000
Goldman
Sachs
Group,
Inc
2
.650
10/21/32
1,317,855‌
2,000,000
Goldman
Sachs
Group,
Inc
3
.102
02/24/33
1,799,465‌
3,000,000
Goldman
Sachs
Group,
Inc
6
.561
10/24/34
3,386,956‌
2,400,000
Goldman
Sachs
Group,
Inc
5
.851
04/25/35
2,578,792‌
6,000,000
Goldman
Sachs
Group,
Inc
5
.330
07/23/35
6,215,299‌
900,000
Goldman
Sachs
Group,
Inc
6
.750
10/01/37
1,036,340‌
2,425,000
Goldman
Sachs
Group,
Inc
4
.017
10/31/38
2,200,562‌
4,525,000
Goldman
Sachs
Group,
Inc
4
.411
04/23/39
4,265,963‌
2,475,000
Goldman
Sachs
Group,
Inc
6
.250
02/01/41
2,813,388‌
1,900,000
Goldman
Sachs
Group,
Inc
3
.210
04/22/42
1,515,062‌
2,000,000
Goldman
Sachs
Group,
Inc
3
.436
02/24/43
1,628,650‌
1,225,000
Goldman
Sachs
Group,
Inc
4
.800
07/08/44
1,195,865‌
1,650,000
(a)
Goldman
Sachs
Group,
Inc
5
.150
05/22/45
1,649,454‌
200,000
Goldman
Sachs
Group,
Inc
4
.750
10/21/45
194,366‌
1,250,000
Golub
Capital
BDC,
Inc
2
.500
08/24/26
1,185,475‌
1,000,000
Golub
Capital
BDC,
Inc
2
.050
02/15/27
923,417‌
300,000
Golub
Capital
BDC,
Inc
7
.050
12/05/28
316,418‌
500,000
(a)
Golub
Capital
BDC,
Inc
6
.000
07/15/29
508,037‌
1,000,000
(c)
Golub
Capital
Private
Credit
Fund
5
.800
09/12/29
996,174‌
825,000
(c)
Hannon
Armstrong
Sustainable
Infrastructure
Capital,
Inc
6
.375
07/01/34
844,496‌
1,000,000
Hercules
Capital,
Inc
3
.375
01/20/27
952,063‌
1,000,000
(c)
HPS
Corporate
Lending
Fund
6
.750
01/30/29
1,035,801‌
825,000
Intercontinental
Exchange,
Inc
3
.750
12/01/25
819,400‌
1,000,000
Intercontinental
Exchange,
Inc
3
.100
09/15/27
972,301‌
500,000
Intercontinental
Exchange,
Inc
4
.000
09/15/27
499,795‌
500,000
Intercontinental
Exchange,
Inc
3
.750
09/21/28
493,284‌
1,500,000
Intercontinental
Exchange,
Inc
4
.350
06/15/29
1,511,745‌
1,500,000
Intercontinental
Exchange,
Inc
2
.100
06/15/30
1,334,670‌
1,500,000
Intercontinental
Exchange,
Inc
5
.250
06/15/31
1,573,649‌
1,000,000
Intercontinental
Exchange,
Inc
1
.850
09/15/32
826,066‌
2,000,000
Intercontinental
Exchange,
Inc
4
.600
03/15/33
2,015,960‌
775,000
Intercontinental
Exchange,
Inc
2
.650
09/15/40
581,394‌
575,000
Intercontinental
Exchange,
Inc
4
.250
09/21/48
507,109‌
1,000,000
Intercontinental
Exchange,
Inc
3
.000
06/15/50
713,503‌
1,000,000
Intercontinental
Exchange,
Inc
4
.950
06/15/52
992,687‌
1,000,000
Intercontinental
Exchange,
Inc
3
.000
09/15/60
663,279‌
2,000,000
Intercontinental
Exchange,
Inc
5
.200
06/15/62
2,041,230‌
800,000
Invesco
Finance
plc
3
.750
01/15/26
793,781‌
200,000
Invesco
Finance
plc
5
.375
11/30/43
201,215‌
500,000
Jackson
Financial,
Inc
5
.170
06/08/27
507,630‌
51
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
FINANCIAL
SERVICES
-
2.5%
(continued)
$
1,500,000
Jackson
Financial,
Inc
3
.125
%
11/23/31
$
1,310,260‌
500,000
Jackson
Financial,
Inc
5
.670
06/08/32
519,323‌
1,000,000
Jackson
Financial,
Inc
4
.000
11/23/51
731,052‌
300,000
Janus
Henderson
US
Holdings,
Inc
4
.875
08/01/25
300,313‌
1,000,000
(c)
Janus
Henderson
US
Holdings,
Inc
5
.450
09/10/34
995,371‌
1,000,000
Jefferies
Financial
Group,
Inc
4
.850
01/15/27
1,012,314‌
500,000
Jefferies
Financial
Group,
Inc
5
.875
07/21/28
521,576‌
1,000,000
Jefferies
Financial
Group,
Inc
4
.150
01/23/30
976,591‌
1,000,000
Jefferies
Financial
Group,
Inc
2
.625
10/15/31
867,388‌
1,000,000
Jefferies
Financial
Group,
Inc
2
.750
10/15/32
853,078‌
1,500,000
Jefferies
Financial
Group,
Inc
6
.200
04/14/34
1,605,738‌
600,000
Jefferies
Group,
Inc
6
.450
06/08/27
629,613‌
2,100,000
Kreditanstalt
fuer
Wiederaufbau
4
.375
03/01/27
2,135,117‌
3,000,000
Kreditanstalt
fuer
Wiederaufbau
4
.750
10/29/30
3,174,284‌
3,000,000
Kreditanstalt
fuer
Wiederaufbau
4
.375
02/28/34
3,119,698‌
2,000,000
Landwirtschaftliche
Rentenbank
3
.875
06/14/28
2,016,065‌
1,000,000
(a)
Landwirtschaftliche
Rentenbank
5
.000
10/24/33
1,083,393‌
200,000
Lazard
Group
LLC
3
.625
03/01/27
195,663‌
325,000
Lazard
Group
LLC
4
.500
09/19/28
323,524‌
425,000
Lazard
Group
LLC
4
.375
03/11/29
421,329‌
1,000,000
Lazard
Group
LLC
6
.000
03/15/31
1,054,497‌
400,000
Legg
Mason,
Inc
5
.625
01/15/44
417,810‌
500,000
LPL
Holdings,
Inc
6
.750
11/17/28
537,698‌
750,000
LPL
Holdings,
Inc
6
.000
05/20/34
783,950‌
1,250,000
Main
Street
Capital
Corp
3
.000
07/14/26
1,197,475‌
500,000
Main
Street
Capital
Corp
6
.500
06/04/27
511,122‌
1,000,000
Main
Street
Capital
Corp
6
.950
03/01/29
1,043,105‌
425,000
Mastercard,
Inc
2
.950
11/21/26
416,948‌
750,000
Mastercard,
Inc
3
.500
02/26/28
740,716‌
1,000,000
Mastercard,
Inc
4
.875
03/09/28
1,033,024‌
1,000,000
Mastercard,
Inc
2
.950
06/01/29
958,160‌
625,000
Mastercard,
Inc
1
.900
03/15/31
548,496‌
1,500,000
Mastercard,
Inc
2
.000
11/18/31
1,296,232‌
1,000,000
Mastercard,
Inc
4
.850
03/09/33
1,039,339‌
1,500,000
Mastercard,
Inc
4
.875
05/09/34
1,551,673‌
200,000
Mastercard,
Inc
3
.800
11/21/46
170,490‌
300,000
Mastercard,
Inc
3
.950
02/26/48
260,839‌
1,000,000
Mastercard,
Inc
3
.650
06/01/49
819,819‌
1,350,000
Mastercard,
Inc
3
.850
03/26/50
1,141,688‌
850,000
Mastercard,
Inc
2
.950
03/15/51
605,143‌
1,200,000
Moody's
Corp
3
.250
01/15/28
1,173,052‌
300,000
Moody's
Corp
4
.250
02/01/29
301,557‌
500,000
Moody's
Corp
4
.250
08/08/32
492,480‌
1,000,000
Moody's
Corp
5
.000
08/05/34
1,023,811‌
1,000,000
Moody's
Corp
2
.750
08/19/41
742,976‌
200,000
Moody's
Corp
5
.250
07/15/44
203,292‌
300,000
Moody's
Corp
4
.875
12/17/48
286,595‌
750,000
Moody's
Corp
3
.250
05/20/50
546,605‌
1,000,000
Moody's
Corp
3
.750
02/25/52
803,552‌
1,000,000
Moody's
Corp
3
.100
11/29/61
662,414‌
950,000
Morgan
Stanley
5
.000
11/24/25
954,660‌
575,000
Morgan
Stanley
3
.875
01/27/26
572,459‌
500,000
Morgan
Stanley
3
.125
07/27/26
491,092‌
400,000
Morgan
Stanley
4
.350
09/08/26
400,960‌
5,000,000
Morgan
Stanley
0
.985
12/10/26
4,790,943‌
2,750,000
Morgan
Stanley
3
.625
01/20/27
2,725,205‌
2,000,000
Morgan
Stanley
5
.050
01/28/27
2,018,673‌
1,975,000
Morgan
Stanley
3
.950
04/23/27
1,955,342‌
4,975,000
Morgan
Stanley
1
.593
05/04/27
4,760,517‌
3,325,000
Morgan
Stanley
1
.512
07/20/27
3,161,965‌
2,000,000
Morgan
Stanley
5
.652
04/13/28
2,064,684‌
2,000,000
Morgan
Stanley
4
.210
04/20/28
1,995,935‌
Bond
Index
52
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
FINANCIAL
SERVICES
-
2.5%
(continued)
$
1,575,000
Morgan
Stanley
3
.591
%
07/22/28
$
1,543,270‌
1,500,000
Morgan
Stanley
6
.296
10/18/28
1,585,743‌
2,850,000
Morgan
Stanley
3
.772
01/24/29
2,803,063‌
4,000,000
Morgan
Stanley
5
.123
02/01/29
4,100,968‌
2,500,000
Morgan
Stanley
5
.164
04/20/29
2,569,652‌
2,225,000
Morgan
Stanley
5
.449
07/20/29
2,311,993‌
2,500,000
Morgan
Stanley
6
.407
11/01/29
2,686,507‌
3,500,000
Morgan
Stanley
5
.173
01/16/30
3,607,968‌
3,475,000
Morgan
Stanley
4
.431
01/23/30
3,482,598‌
1,900,000
Morgan
Stanley
5
.656
04/18/30
1,998,639‌
4,175,000
Morgan
Stanley
5
.042
07/19/30
4,290,341‌
5,000,000
Morgan
Stanley
2
.699
01/22/31
4,579,457‌
1,500,000
Morgan
Stanley
3
.622
04/01/31
1,440,248‌
5,000,000
Morgan
Stanley
1
.794
02/13/32
4,232,369‌
150,000
Morgan
Stanley
7
.250
04/01/32
178,166‌
2,500,000
Morgan
Stanley
1
.928
04/28/32
2,121,118‌
4,000,000
Morgan
Stanley
2
.239
07/21/32
3,443,757‌
3,500,000
Morgan
Stanley
2
.511
10/20/32
3,055,139‌
3,000,000
Morgan
Stanley
2
.943
01/21/33
2,679,740‌
2,000,000
Morgan
Stanley
4
.889
07/20/33
2,024,992‌
1,500,000
Morgan
Stanley
6
.342
10/18/33
1,668,053‌
2,500,000
Morgan
Stanley
5
.250
04/21/34
2,581,973‌
2,025,000
Morgan
Stanley
5
.424
07/21/34
2,111,782‌
2,500,000
Morgan
Stanley
6
.627
11/01/34
2,827,614‌
5,000,000
Morgan
Stanley
5
.466
01/18/35
5,227,956‌
3,500,000
Morgan
Stanley
5
.831
04/19/35
3,759,511‌
1,925,000
Morgan
Stanley
5
.320
07/19/35
1,998,964‌
1,300,000
Morgan
Stanley
2
.484
09/16/36
1,087,773‌
2,000,000
Morgan
Stanley
5
.297
04/20/37
2,015,132‌
950,000
Morgan
Stanley
5
.948
01/19/38
995,917‌
1,725,000
Morgan
Stanley
3
.971
07/22/38
1,563,306‌
1,500,000
Morgan
Stanley
5
.942
02/07/39
1,574,929‌
2,675,000
Morgan
Stanley
4
.457
04/22/39
2,564,153‌
1,525,000
Morgan
Stanley
3
.217
04/22/42
1,229,576‌
275,000
Morgan
Stanley
6
.375
07/24/42
324,816‌
1,175,000
Morgan
Stanley
4
.300
01/27/45
1,082,641‌
2,200,000
Morgan
Stanley
4
.375
01/22/47
2,031,451‌
900,000
Morgan
Stanley
5
.597
03/24/51
985,713‌
1,425,000
Morgan
Stanley
2
.802
01/25/52
983,621‌
1,000,000
Morgan
Stanley
Direct
Lending
Fund
4
.500
02/11/27
993,201‌
500,000
(c)
Morgan
Stanley
Direct
Lending
Fund
6
.150
05/17/29
506,559‌
400,000
NASDAQ,
Inc
3
.850
06/30/26
397,239‌
1,500,000
NASDAQ,
Inc
5
.350
06/28/28
1,558,324‌
500,000
(a)
NASDAQ,
Inc
1
.650
01/15/31
424,652‌
1,500,000
NASDAQ,
Inc
5
.550
02/15/34
1,582,407‌
500,000
NASDAQ,
Inc
2
.500
12/21/40
355,285‌
500,000
NASDAQ,
Inc
3
.250
04/28/50
361,658‌
500,000
NASDAQ,
Inc
3
.950
03/07/52
401,941‌
900,000
NASDAQ,
Inc
5
.950
08/15/53
979,037‌
400,000
NASDAQ,
Inc
6
.100
06/28/63
440,490‌
1,500,000
National
Rural
Utilities
Cooperative
Finance
Corp
4
.800
03/15/28
1,533,656‌
1,000,000
National
Rural
Utilities
Cooperative
Finance
Corp
5
.050
09/15/28
1,032,706‌
200,000
National
Rural
Utilities
Cooperative
Finance
Corp
3
.900
11/01/28
197,886‌
1,000,000
National
Rural
Utilities
Cooperative
Finance
Corp
4
.850
02/07/29
1,025,731‌
300,000
National
Rural
Utilities
Cooperative
Finance
Corp
3
.700
03/15/29
294,545‌
1,500,000
National
Rural
Utilities
Cooperative
Finance
Corp
5
.150
06/15/29
1,556,805‌
1,000,000
National
Rural
Utilities
Cooperative
Finance
Corp
2
.400
03/15/30
907,837‌
1,000,000
National
Rural
Utilities
Cooperative
Finance
Corp
5
.000
02/07/31
1,045,613‌
1,000,000
National
Rural
Utilities
Cooperative
Finance
Corp
1
.350
03/15/31
830,408‌
1,000,000
National
Rural
Utilities
Cooperative
Finance
Corp
1
.650
06/15/31
833,257‌
400,000
National
Rural
Utilities
Cooperative
Finance
Corp
4
.150
12/15/32
392,254‌
1,500,000
National
Rural
Utilities
Cooperative
Finance
Corp
5
.800
01/15/33
1,624,885‌
53
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
FINANCIAL
SERVICES
-
2.5%
(continued)
$
500,000
National
Rural
Utilities
Cooperative
Finance
Corp
5
.000
%
08/15/34
$
512,890‌
375,000
(d)
National
Rural
Utilities
Cooperative
Finance
Corp,
(TSFR3M
+
3.172%)
8
.427
04/30/43
375,186‌
200,000
National
Rural
Utilities
Cooperative
Finance
Corp
4
.400
11/01/48
176,003‌
550,000
National
Rural
Utilities
Cooperative
Finance
Corp
4
.300
03/15/49
479,217‌
500,000
National
Rural
Utilities
Cooperative
Finance
Corp
7
.125
09/15/53
525,289‌
1,000,000
(a)
New
Mountain
Finance
Corp
6
.200
10/15/27
997,613‌
1,000,000
New
Mountain
Finance
Corp
6
.875
02/01/29
1,012,278‌
750,000
NMI
Holdings,
Inc
6
.000
08/15/29
770,289‌
1,000,000
Nomura
Holdings,
Inc
1
.653
07/14/26
952,288‌
1,000,000
Nomura
Holdings,
Inc
2
.329
01/22/27
951,679‌
500,000
Nomura
Holdings,
Inc
5
.386
07/06/27
510,615‌
1,000,000
Nomura
Holdings,
Inc
5
.842
01/18/28
1,038,646‌
1,000,000
Nomura
Holdings,
Inc
6
.070
07/12/28
1,052,858‌
1,000,000
Nomura
Holdings,
Inc
2
.172
07/14/28
916,585‌
1,000,000
Nomura
Holdings,
Inc
2
.710
01/22/29
925,855‌
500,000
Nomura
Holdings,
Inc
5
.605
07/06/29
521,427‌
1,500,000
Nomura
Holdings,
Inc
3
.103
01/16/30
1,386,952‌
500,000
Nomura
Holdings,
Inc
2
.679
07/16/30
447,630‌
1,500,000
Nomura
Holdings,
Inc
2
.608
07/14/31
1,304,411‌
1,000,000
Nomura
Holdings,
Inc
2
.999
01/22/32
880,382‌
1,000,000
Nomura
Holdings,
Inc
6
.181
01/18/33
1,081,710‌
1,000,000
(a)
Nomura
Holdings,
Inc
6
.087
07/12/33
1,075,595‌
1,000,000
Nomura
Holdings,
Inc
5
.783
07/03/34
1,050,596‌
1,000,000
(c)
North
Haven
Private
Income
Fund
LLC
5
.750
02/01/30
987,380‌
625,000
Northern
Trust
Corp
3
.950
10/30/25
622,618‌
725,000
Northern
Trust
Corp
4
.000
05/10/27
726,180‌
500,000
Northern
Trust
Corp
3
.650
08/03/28
494,642‌
500,000
Northern
Trust
Corp
3
.150
05/03/29
482,270‌
700,000
Northern
Trust
Corp
1
.950
05/01/30
623,937‌
100,000
Northern
Trust
Corp
3
.375
05/08/32
97,348‌
500,000
(a)
Northern
Trust
Corp
6
.125
11/02/32
552,123‌
1,500,000
Oaktree
Specialty
Lending
Corp
2
.700
01/15/27
1,404,910‌
500,000
Oaktree
Specialty
Lending
Corp
7
.100
02/15/29
519,901‌
1,000,000
(c)
Oaktree
Strategic
Credit
Fund
6
.500
07/23/29
1,015,562‌
600,000
Oesterreichische
Kontrollbank
AG.
4
.125
01/20/26
601,145‌
200,000
ORIX
Corp
3
.700
07/18/27
196,434‌
500,000
ORIX
Corp
5
.000
09/13/27
509,568‌
500,000
ORIX
Corp
4
.650
09/10/29
504,080‌
1,000,000
ORIX
Corp
2
.250
03/09/31
864,025‌
1,000,000
ORIX
Corp
4
.000
04/13/32
953,332‌
500,000
ORIX
Corp
5
.200
09/13/32
513,024‌
1,000,000
PayPal
Holdings,
Inc
2
.650
10/01/26
974,137‌
1,000,000
PayPal
Holdings,
Inc
3
.900
06/01/27
1,000,082‌
1,000,000
PayPal
Holdings,
Inc
2
.850
10/01/29
940,517‌
500,000
PayPal
Holdings,
Inc
2
.300
06/01/30
453,235‌
1,500,000
PayPal
Holdings,
Inc
5
.150
06/01/34
1,564,664‌
1,000,000
PayPal
Holdings,
Inc
3
.250
06/01/50
742,875‌
750,000
PayPal
Holdings,
Inc
5
.050
06/01/52
748,076‌
1,000,000
PayPal
Holdings,
Inc
5
.500
06/01/54
1,052,389‌
750,000
PayPal
Holdings,
Inc
5
.250
06/01/62
757,206‌
3,000,000
Private
Export
Funding
Corp
(PEFCO)
1
.400
07/15/28
2,757,960‌
1,000,000
Private
Export
Funding
Corp
(PEFCO)
3
.650
03/15/30
993,532‌
1,000,000
Private
Export
Funding
Corp
(PEFCO)
4
.600
02/15/34
1,016,059‌
1,000,000
(a)
Prospect
Capital
Corp
3
.364
11/15/26
930,693‌
1,000,000
Prospect
Capital
Corp
3
.437
10/15/28
872,313‌
1,500,000
Radian
Group,
Inc
6
.200
05/15/29
1,567,270‌
425,000
Raymond
James
Financial,
Inc
4
.950
07/15/46
410,625‌
1,000,000
Raymond
James
Financial,
Inc
3
.750
04/01/51
785,217‌
625,000
S&P
Global,
Inc
2
.450
03/01/27
602,834‌
1,000,000
S&P
Global,
Inc
2
.700
03/01/29
943,686‌
500,000
S&P
Global,
Inc
2
.500
12/01/29
461,611‌
500,000
S&P
Global,
Inc
1
.250
08/15/30
426,584‌
Bond
Index
54
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
FINANCIAL
SERVICES
-
2.5%
(continued)
$
1,000,000
S&P
Global,
Inc
2
.900
%
03/01/32
$
909,479‌
500,000
S&P
Global,
Inc
3
.250
12/01/49
379,628‌
1,000,000
S&P
Global,
Inc
3
.700
03/01/52
816,082‌
500,000
S&P
Global,
Inc
2
.300
08/15/60
284,700‌
1,000,000
S&P
Global,
Inc
3
.900
03/01/62
811,182‌
700,000
(c)
Sixth
Street
Lending
Partners
6
.500
03/11/29
718,299‌
750,000
(c)
Sixth
Street
Lending
Partners
5
.750
01/15/30
747,329‌
1,500,000
Sixth
Street
Specialty
Lending,
Inc
2
.500
08/01/26
1,430,693‌
750,000
Sixth
Street
Specialty
Lending,
Inc
6
.950
08/14/28
791,026‌
650,000
State
Street
Corp
2
.650
05/19/26
635,869‌
1,500,000
State
Street
Corp
5
.272
08/03/26
1,531,776‌
1,000,000
State
Street
Corp
4
.993
03/18/27
1,023,642‌
1,000,000
State
Street
Corp
1
.684
11/18/27
949,530‌
1,000,000
State
Street
Corp
2
.203
02/07/28
956,594‌
525,000
State
Street
Corp
5
.820
11/04/28
551,755‌
1,000,000
State
Street
Corp
4
.530
02/20/29
1,010,159‌
1,000,000
State
Street
Corp
5
.684
11/21/29
1,055,487‌
300,000
State
Street
Corp
4
.141
12/03/29
299,190‌
750,000
State
Street
Corp
2
.400
01/24/30
691,990‌
1,375,000
State
Street
Corp
2
.200
03/03/31
1,215,497‌
1,000,000
State
Street
Corp
2
.623
02/07/33
882,363‌
200,000
State
Street
Corp
4
.421
05/13/33
198,838‌
750,000
State
Street
Corp
4
.164
08/04/33
729,644‌
1,000,000
State
Street
Corp
4
.821
01/26/34
1,012,007‌
1,000,000
(a)
State
Street
Corp
5
.159
05/18/34
1,040,188‌
500,000
State
Street
Corp
3
.031
11/01/34
462,235‌
350,000
State
Street
Corp
6
.123
11/21/34
382,072‌
1,000,000
Synchrony
Bank
5
.625
08/23/27
1,017,910‌
300,000
Synchrony
Financial
3
.700
08/04/26
294,461‌
900,000
Synchrony
Financial
3
.950
12/01/27
873,835‌
500,000
Synchrony
Financial
5
.150
03/19/29
498,863‌
500,000
(a)
Synchrony
Financial
5
.935
08/02/30
513,681‌
2,000,000
Synchrony
Financial
2
.875
10/28/31
1,697,841‌
1,000,000
TPG
Operating
Group
II
LP
5
.875
03/05/34
1,066,160‌
2,000,000
UBS
AG.
5
.650
09/11/28
2,098,450‌
1,000,000
UBS
AG.
4
.500
06/26/48
952,659‌
2,750,000
UBS
Group
AG.
4
.550
04/17/26
2,756,916‌
1,750,000
UBS
Group
AG.
4
.875
05/15/45
1,710,806‌
1,955,314
United
Air
(Mileage
Plus
Holdings
LLC)
5
.800
01/15/36
2,052,117‌
3,725,000
Visa,
Inc
3
.150
12/14/25
3,685,774‌
2,000,000
Visa,
Inc
1
.900
04/15/27
1,911,014‌
1,175,000
(a)
Visa,
Inc
0
.750
08/15/27
1,083,295‌
700,000
Visa,
Inc
2
.750
09/15/27
680,584‌
475,000
Visa,
Inc
2
.050
04/15/30
429,973‌
250,000
Visa,
Inc
4
.150
12/14/35
246,176‌
1,500,000
Visa,
Inc
2
.700
04/15/40
1,179,901‌
2,325,000
Visa,
Inc
4
.300
12/14/45
2,166,233‌
1,125,000
Visa,
Inc
3
.650
09/15/47
939,290‌
750,000
Visa,
Inc
2
.000
08/15/50
453,695‌
550,000
Voya
Financial,
Inc
3
.650
06/15/26
542,998‌
200,000
Voya
Financial,
Inc
5
.700
07/15/43
203,856‌
1,000,000
Western
Union
Co
1
.350
03/15/26
953,787‌
1,000,000
Western
Union
Co
2
.750
03/15/31
873,823‌
TOTAL
FINANCIAL
SERVICES
659,938,499‌
FOOD,
BEVERAGE
&
TOBACCO
-
1.1%
727,000
Altria
Group,
Inc
4
.400
02/14/26
726,066‌
700,000
Altria
Group,
Inc
2
.625
09/16/26
678,564‌
750,000
Altria
Group,
Inc
6
.200
11/01/28
798,441‌
800,000
Altria
Group,
Inc
3
.400
05/06/30
755,957‌
2,175,000
Altria
Group,
Inc
2
.450
02/04/32
1,856,298‌
800,000
Altria
Group,
Inc
5
.800
02/14/39
841,076‌
1,500,000
Altria
Group,
Inc
3
.400
02/04/41
1,169,336‌
55
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
FOOD,
BEVERAGE
&
TOBACCO
-
1.1%
(continued)
$
925,000
Altria
Group,
Inc
4
.250
%
08/09/42
$
793,701‌
300,000
Altria
Group,
Inc
4
.500
05/02/43
265,347‌
775,000
Altria
Group,
Inc
5
.375
01/31/44
782,498‌
900,000
Altria
Group,
Inc
3
.875
09/16/46
702,836‌
3,375,000
Altria
Group,
Inc
5
.950
02/14/49
3,541,529‌
1,000,000
Altria
Group,
Inc
4
.450
05/06/50
837,903‌
1,000,000
Altria
Group,
Inc
3
.700
02/04/51
737,982‌
1,000,000
(a)
Altria
Group,
Inc
4
.000
02/04/61
764,619‌
3,150,000
Anheuser-Busch
Cos
LLC
4
.700
02/01/36
3,162,686‌
8,875,000
Anheuser-Busch
Cos
LLC
4
.900
02/01/46
8,740,491‌
1,125,000
Anheuser-Busch
InBev
Finance,
Inc
4
.625
02/01/44
1,077,405‌
5,000,000
Anheuser-Busch
InBev
Worldwide,
Inc
3
.500
06/01/30
4,853,432‌
625,000
Anheuser-Busch
InBev
Worldwide,
Inc
4
.900
01/23/31
650,038‌
5,600,000
Anheuser-Busch
InBev
Worldwide,
Inc
5
.000
06/15/34
5,836,149‌
1,700,000
Anheuser-Busch
InBev
Worldwide,
Inc
4
.375
04/15/38
1,639,660‌
100,000
Anheuser-Busch
InBev
Worldwide,
Inc
8
.200
01/15/39
134,493‌
2,675,000
Anheuser-Busch
InBev
Worldwide,
Inc
5
.450
01/23/39
2,863,561‌
500,000
Anheuser-Busch
InBev
Worldwide,
Inc
4
.350
06/01/40
472,200‌
150,000
Anheuser-Busch
InBev
Worldwide,
Inc
4
.950
01/15/42
149,976‌
60,000
Anheuser-Busch
InBev
Worldwide,
Inc
4
.600
04/15/48
57,032‌
1,764,000
Anheuser-Busch
InBev
Worldwide,
Inc
4
.439
10/06/48
1,632,529‌
2,025,000
Anheuser-Busch
InBev
Worldwide,
Inc
5
.550
01/23/49
2,182,961‌
2,000,000
Anheuser-Busch
InBev
Worldwide,
Inc
4
.500
06/01/50
1,906,465‌
1,725,000
Anheuser-Busch
InBev
Worldwide,
Inc
4
.750
04/15/58
1,656,497‌
2,150,000
Anheuser-Busch
InBev
Worldwide,
Inc
5
.800
01/23/59
2,422,375‌
1,075,000
Archer-Daniels-Midland
Co
2
.500
08/11/26
1,045,629‌
1,500,000
Archer-Daniels-Midland
Co
3
.250
03/27/30
1,431,216‌
500,000
Archer-Daniels-Midland
Co
2
.900
03/01/32
453,186‌
1,325,000
Archer-Daniels-Midland
Co
4
.500
08/15/33
1,331,210‌
800,000
Archer-Daniels-Midland
Co
4
.500
03/15/49
730,967‌
1,000,000
Archer-Daniels-Midland
Co
2
.700
09/15/51
667,302‌
929,000
BAT
Capital
Corp
3
.557
08/15/27
910,004‌
400,000
BAT
Capital
Corp
2
.259
03/25/28
372,161‌
275,000
BAT
Capital
Corp
4
.906
04/02/30
279,010‌
1,000,000
BAT
Capital
Corp
6
.343
08/02/30
1,082,373‌
900,000
BAT
Capital
Corp
5
.834
02/20/31
954,655‌
650,000
BAT
Capital
Corp
2
.726
03/25/31
581,268‌
500,000
BAT
Capital
Corp
4
.742
03/16/32
500,062‌
1,000,000
BAT
Capital
Corp
7
.750
10/19/32
1,183,185‌
1,000,000
BAT
Capital
Corp
6
.421
08/02/33
1,098,403‌
2,500,000
BAT
Capital
Corp
6
.000
02/20/34
2,671,986‌
1,400,000
BAT
Capital
Corp
4
.390
08/15/37
1,273,428‌
1,000,000
BAT
Capital
Corp
7
.079
08/02/43
1,145,938‌
1,083,000
BAT
Capital
Corp
4
.540
08/15/47
914,772‌
900,000
BAT
Capital
Corp
4
.758
09/06/49
776,659‌
500,000
BAT
Capital
Corp
5
.282
04/02/50
468,206‌
1,000,000
BAT
Capital
Corp
5
.650
03/16/52
976,105‌
2,000,000
BAT
Capital
Corp
7
.081
08/02/53
2,321,003‌
5,000,000
BAT
International
Finance
plc
1
.668
03/25/26
4,803,950‌
500,000
BAT
International
Finance
plc
4
.448
03/16/28
500,338‌
1,000,000
BAT
International
Finance
plc
5
.931
02/02/29
1,056,243‌
225,000
Brown-Forman
Corp
4
.750
04/15/33
230,301‌
200,000
Brown-Forman
Corp
4
.000
04/15/38
184,613‌
200,000
Brown-Forman
Corp
4
.500
07/15/45
190,508‌
125,000
Bunge
Ltd
3
.250
08/15/26
122,995‌
500,000
Bunge
Ltd
3
.750
09/25/27
494,429‌
1,000,000
Bunge
Ltd
4
.100
01/07/28
999,526‌
1,000,000
Bunge
Ltd
4
.200
09/17/29
997,448‌
1,500,000
Bunge
Ltd
2
.750
05/14/31
1,353,424‌
1,000,000
Bunge
Ltd
4
.650
09/17/34
997,835‌
725,000
Campbell
Soup
Co
4
.150
03/15/28
725,562‌
325,000
Campbell
Soup
Co
5
.200
03/21/29
336,605‌
Bond
Index
56
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
FOOD,
BEVERAGE
&
TOBACCO
-
1.1%
(continued)
$
500,000
Campbell
Soup
Co
2
.375
%
04/24/30
$
451,583‌
300,000
Campbell
Soup
Co
5
.400
03/21/34
314,594‌
1,500,000
Campbell
Soup
Co
4
.750
03/23/35
1,493,130‌
800,000
(a)
Campbell
Soup
Co
4
.800
03/15/48
747,495‌
500,000
Campbell
Soup
Co
3
.125
04/24/50
352,096‌
475,000
Campbell
Soup
Co
5
.250
10/13/54
471,827‌
1,000,000
Coca-Cola
Co
3
.375
03/25/27
991,247‌
1,000,000
Coca-Cola
Co
1
.450
06/01/27
943,874‌
1,000,000
Coca-Cola
Co
1
.500
03/05/28
925,550‌
2,000,000
Coca-Cola
Co
1
.000
03/15/28
1,826,232‌
600,000
Coca-Cola
Co
2
.125
09/06/29
553,056‌
300,000
Coca-Cola
Co
3
.450
03/25/30
292,665‌
800,000
Coca-Cola
Co
1
.650
06/01/30
704,979‌
1,500,000
Coca-Cola
Co
2
.000
03/05/31
1,326,649‌
2,000,000
Coca-Cola
Co
1
.375
03/15/31
1,696,864‌
2,000,000
Coca-Cola
Co
2
.250
01/05/32
1,778,509‌
1,000,000
Coca-Cola
Co
5
.000
05/13/34
1,053,741‌
500,000
Coca-Cola
Co
4
.650
08/14/34
512,044‌
725,000
Coca-Cola
Co
2
.500
06/01/40
548,706‌
1,000,000
Coca-Cola
Co
2
.875
05/05/41
790,013‌
1,500,000
Coca-Cola
Co
2
.600
06/01/50
1,016,074‌
1,500,000
Coca-Cola
Co
3
.000
03/05/51
1,100,893‌
2,000,000
Coca-Cola
Co
5
.300
05/13/54
2,130,283‌
750,000
Coca-Cola
Co
5
.200
01/14/55
786,897‌
1,000,000
Coca-Cola
Co
2
.750
06/01/60
657,531‌
1,750,000
Coca-Cola
Co
5
.400
05/13/64
1,873,019‌
300,000
Coca-Cola
Consolidated,
Inc
3
.800
11/25/25
297,863‌
1,000,000
Coca-Cola
Consolidated,
Inc
5
.250
06/01/29
1,039,782‌
1,000,000
Coca-Cola
Consolidated,
Inc
5
.450
06/01/34
1,053,915‌
678,000
Coca-Cola
Femsa
SAB
de
C.V.
2
.750
01/22/30
628,949‌
450,000
ConAgra
Brands,
Inc
4
.600
11/01/25
450,019‌
1,000,000
ConAgra
Brands,
Inc
5
.300
10/01/26
1,019,194‌
500,000
ConAgra
Brands,
Inc
1
.375
11/01/27
457,703‌
100,000
ConAgra
Brands,
Inc
7
.000
10/01/28
109,343‌
1,575,000
(a)
ConAgra
Brands,
Inc
4
.850
11/01/28
1,599,780‌
750,000
ConAgra
Brands,
Inc
5
.300
11/01/38
752,977‌
750,000
ConAgra
Brands,
Inc
5
.400
11/01/48
742,297‌
100,000
Constellation
Brands,
Inc
4
.400
11/15/25
99,880‌
750,000
Constellation
Brands,
Inc
3
.700
12/06/26
742,515‌
300,000
Constellation
Brands,
Inc
3
.500
05/09/27
294,725‌
1,000,000
Constellation
Brands,
Inc
4
.350
05/09/27
1,002,736‌
700,000
Constellation
Brands,
Inc
3
.600
02/15/28
684,492‌
300,000
Constellation
Brands,
Inc
4
.650
11/15/28
303,731‌
2,000,000
Constellation
Brands,
Inc
4
.800
01/15/29
2,036,368‌
1,000,000
Constellation
Brands,
Inc
3
.150
08/01/29
948,738‌
100,000
Constellation
Brands,
Inc
2
.875
05/01/30
92,189‌
425,000
Constellation
Brands,
Inc
2
.250
08/01/31
367,431‌
1,000,000
Constellation
Brands,
Inc
4
.750
05/09/32
1,008,118‌
400,000
Constellation
Brands,
Inc
4
.900
05/01/33
404,173‌
300,000
Constellation
Brands,
Inc
4
.100
02/15/48
253,796‌
300,000
Constellation
Brands,
Inc
5
.250
11/15/48
299,511‌
1,250,000
Constellation
Brands,
Inc
3
.750
05/01/50
987,411‌
750,000
Diageo
Capital
plc
2
.125
10/24/24
748,605‌
500,000
Diageo
Capital
plc
1
.375
09/29/25
485,510‌
750,000
Diageo
Capital
plc
5
.300
10/24/27
777,877‌
425,000
Diageo
Capital
plc
3
.875
05/18/28
422,487‌
425,000
Diageo
Capital
plc
5
.500
01/24/33
452,816‌
2,500,000
Diageo
Capital
plc
5
.625
10/05/33
2,694,143‌
200,000
Diageo
Capital
plc
5
.875
09/30/36
221,637‌
400,000
Diageo
Capital
plc
3
.875
04/29/43
350,839‌
100,000
Diageo
Investment
Corp
4
.250
05/11/42
91,376‌
100,000
Flowers
Foods,
Inc
3
.500
10/01/26
98,258‌
57
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
FOOD,
BEVERAGE
&
TOBACCO
-
1.1%
(continued)
$
400,000
Flowers
Foods,
Inc
2
.400
%
03/15/31
$
349,540‌
1,000,000
General
Mills,
Inc
4
.700
01/30/27
1,012,119‌
800,000
General
Mills,
Inc
3
.200
02/10/27
782,560‌
2,300,000
General
Mills,
Inc
4
.200
04/17/28
2,302,543‌
1,500,000
General
Mills,
Inc
5
.500
10/17/28
1,571,042‌
100,000
General
Mills,
Inc
2
.875
04/15/30
92,918‌
1,000,000
General
Mills,
Inc
2
.250
10/14/31
871,947‌
175,000
General
Mills,
Inc
4
.950
03/29/33
179,508‌
951,000
General
Mills,
Inc
3
.000
02/01/51
659,105‌
750,000
Hershey
Co
4
.250
05/04/28
761,171‌
300,000
Hershey
Co
2
.450
11/15/29
278,318‌
500,000
Hershey
Co
1
.700
06/01/30
440,586‌
150,000
Hershey
Co
4
.500
05/04/33
152,798‌
300,000
Hershey
Co
3
.375
08/15/46
236,902‌
300,000
Hershey
Co
3
.125
11/15/49
219,589‌
100,000
Hershey
Co
2
.650
06/01/50
66,081‌
1,500,000
Hormel
Foods
Corp
1
.700
06/03/28
1,381,796‌
1,500,000
Hormel
Foods
Corp
1
.800
06/11/30
1,320,383‌
300,000
Ingredion,
Inc
3
.200
10/01/26
293,934‌
750,000
Ingredion,
Inc
3
.900
06/01/50
593,673‌
200,000
J
M
Smucker
Co
3
.375
12/15/27
195,491‌
1,000,000
J
M
Smucker
Co
5
.900
11/15/28
1,064,927‌
150,000
J
M
Smucker
Co
2
.375
03/15/30
135,854‌
425,000
J
M
Smucker
Co
2
.125
03/15/32
359,122‌
1,000,000
(a)
J
M
Smucker
Co
6
.200
11/15/33
1,106,127‌
300,000
J
M
Smucker
Co
4
.250
03/15/35
287,530‌
550,000
J
M
Smucker
Co
2
.750
09/15/41
390,801‌
250,000
J
M
Smucker
Co
6
.500
11/15/43
282,290‌
300,000
J
M
Smucker
Co
4
.375
03/15/45
267,649‌
400,000
J
M
Smucker
Co
3
.550
03/15/50
299,003‌
1,250,000
(a)
J
M
Smucker
Co
6
.500
11/15/53
1,447,208‌
2,000,000
(c)
JBS
USA
Holding
Lux
Sarl
6
.750
03/15/34
2,215,793‌
1,000,000
(c)
JBS
USA
Holding
Lux
Sarl
7
.250
11/15/53
1,166,588‌
3,000,000
JBS
USA
LUX
S.A.
5
.125
02/01/28
3,040,215‌
2,179,000
JBS
USA
LUX
S.A.
5
.750
04/01/33
2,257,618‌
2,000,000
JBS
USA
LUX
S.A.
6
.500
12/01/52
2,133,392‌
1,000,000
Kellanova
5
.750
05/16/54
1,084,373‌
200,000
Kellogg
Co
3
.400
11/15/27
195,547‌
800,000
Kellogg
Co
4
.300
05/15/28
803,976‌
275,000
Kellogg
Co
2
.100
06/01/30
246,578‌
1,000,000
Kellogg
Co
5
.250
03/01/33
1,045,444‌
150,000
Kellogg
Co
4
.500
04/01/46
136,544‌
1,000,000
Keurig
Dr
Pepper,
Inc
5
.050
03/15/29
1,031,991‌
2,000,000
Keurig
Dr
Pepper,
Inc
3
.950
04/15/29
1,976,244‌
750,000
Keurig
Dr
Pepper,
Inc
3
.200
05/01/30
707,838‌
1,500,000
(a)
Keurig
Dr
Pepper,
Inc
2
.250
03/15/31
1,319,077‌
1,000,000
Keurig
Dr
Pepper,
Inc
5
.200
03/15/31
1,044,040‌
2,000,000
Keurig
Dr
Pepper,
Inc
4
.050
04/15/32
1,950,106‌
1,000,000
Keurig
Dr
Pepper,
Inc
5
.300
03/15/34
1,046,099‌
500,000
Keurig
Dr
Pepper,
Inc
4
.420
12/15/46
448,611‌
1,500,000
Keurig
Dr
Pepper,
Inc
3
.350
03/15/51
1,115,622‌
500,000
Keurig
Dr
Pepper,
Inc
4
.500
04/15/52
453,354‌
1,500,000
Kraft
Heinz
Foods
Co
3
.000
06/01/26
1,469,142‌
6,000,000
Kraft
Heinz
Foods
Co
3
.875
05/15/27
5,957,197‌
1,000,000
Kraft
Heinz
Foods
Co
3
.750
04/01/30
975,530‌
1,000,000
Kraft
Heinz
Foods
Co
5
.200
07/15/45
987,297‌
4,000,000
(a)
Kraft
Heinz
Foods
Co
4
.875
10/01/49
3,770,139‌
1,500,000
Kraft
Heinz
Foods
Co
5
.500
06/01/50
1,542,376‌
625,000
McCormick
&
Co,
Inc
0
.900
02/15/26
596,935‌
250,000
McCormick
&
Co,
Inc
3
.400
08/15/27
244,906‌
500,000
McCormick
&
Co,
Inc
2
.500
04/15/30
454,384‌
325,000
McCormick
&
Co,
Inc
1
.850
02/15/31
277,753‌
Bond
Index
58
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
FOOD,
BEVERAGE
&
TOBACCO
-
1.1%
(continued)
$
1,000,000
(a)
McCormick
&
Co,
Inc
4
.950
%
04/15/33
$
1,025,668‌
400,000
McCormick
&
Co,
Inc
4
.200
08/15/47
359,431‌
925,000
Mead
Johnson
Nutrition
Co
4
.125
11/15/25
922,274‌
350,000
Mead
Johnson
Nutrition
Co
4
.600
06/01/44
322,932‌
1,025,000
Molson
Coors
Beverage
Co
3
.000
07/15/26
1,005,644‌
525,000
Molson
Coors
Beverage
Co
5
.000
05/01/42
514,039‌
1,550,000
Molson
Coors
Beverage
Co
4
.200
07/15/46
1,337,197‌
1,500,000
Mondelez
International,
Inc
2
.625
03/17/27
1,448,687‌
1,000,000
Mondelez
International,
Inc
4
.750
02/20/29
1,022,277‌
356,000
Mondelez
International,
Inc
2
.750
04/13/30
330,197‌
400,000
(a)
Mondelez
International,
Inc
1
.500
02/04/31
337,826‌
725,000
(a)
Mondelez
International,
Inc
1
.875
10/15/32
605,888‌
1,000,000
Mondelez
International,
Inc
4
.750
08/28/34
1,007,730‌
1,200,000
Mondelez
International,
Inc
2
.625
09/04/50
780,604‌
1,500,000
PepsiCo
Singapore
Financing
I
Pte
Ltd
4
.550
02/16/29
1,532,683‌
2,000,000
PepsiCo
Singapore
Financing
I
Pte
Ltd
4
.700
02/16/34
2,042,047‌
275,000
PepsiCo,
Inc
5
.125
11/10/26
282,046‌
150,000
PepsiCo,
Inc
2
.625
03/19/27
145,705‌
2,000,000
PepsiCo,
Inc
3
.600
02/18/28
1,986,668‌
2,500,000
(a)
PepsiCo,
Inc
4
.450
05/15/28
2,552,891‌
1,000,000
(a)
PepsiCo,
Inc
4
.500
07/17/29
1,030,658‌
500,000
PepsiCo,
Inc
2
.750
03/19/30
468,290‌
2,275,000
PepsiCo,
Inc
1
.625
05/01/30
2,002,828‌
2,000,000
PepsiCo,
Inc
1
.400
02/25/31
1,696,631‌
2,000,000
PepsiCo,
Inc
1
.950
10/21/31
1,736,918‌
1,100,000
PepsiCo,
Inc
3
.900
07/18/32
1,082,419‌
3,000,000
(a)
PepsiCo,
Inc
4
.450
02/15/33
3,132,613‌
1,000,000
PepsiCo,
Inc
4
.800
07/17/34
1,033,337‌
575,000
PepsiCo,
Inc
2
.625
10/21/41
429,615‌
750,000
PepsiCo,
Inc
2
.875
10/15/49
536,010‌
1,000,000
PepsiCo,
Inc
2
.750
10/21/51
686,413‌
1,000,000
PepsiCo,
Inc
4
.200
07/18/52
898,510‌
2,500,000
PepsiCo,
Inc
4
.650
02/15/53
2,418,918‌
1,000,000
PepsiCo,
Inc
5
.250
07/17/54
1,057,827‌
400,000
Philip
Morris
Interanational,
Inc
6
.375
05/16/38
457,036‌
700,000
Philip
Morris
International,
Inc
2
.750
02/25/26
686,440‌
1,000,000
Philip
Morris
International,
Inc
0
.875
05/01/26
950,396‌
1,500,000
Philip
Morris
International,
Inc
5
.125
11/17/27
1,544,491‌
2,500,000
Philip
Morris
International,
Inc
4
.875
02/15/28
2,555,756‌
1,500,000
Philip
Morris
International,
Inc
3
.125
03/02/28
1,450,103‌
1,000,000
Philip
Morris
International,
Inc
5
.250
09/07/28
1,036,732‌
1,000,000
Philip
Morris
International,
Inc
4
.875
02/13/29
1,025,281‌
1,450,000
Philip
Morris
International,
Inc
3
.375
08/15/29
1,396,642‌
1,500,000
Philip
Morris
International,
Inc
5
.625
11/17/29
1,592,865‌
2,000,000
Philip
Morris
International,
Inc
5
.125
02/15/30
2,074,795‌
450,000
Philip
Morris
International,
Inc
2
.100
05/01/30
401,697‌
1,000,000
Philip
Morris
International,
Inc
5
.500
09/07/30
1,058,632‌
1,000,000
Philip
Morris
International,
Inc
1
.750
11/01/30
863,088‌
1,000,000
Philip
Morris
International,
Inc
5
.125
02/13/31
1,039,400‌
1,500,000
Philip
Morris
International,
Inc
5
.750
11/17/32
1,612,172‌
2,500,000
(a)
Philip
Morris
International,
Inc
5
.375
02/15/33
2,614,597‌
1,000,000
Philip
Morris
International,
Inc
5
.625
09/07/33
1,064,537‌
1,500,000
Philip
Morris
International,
Inc
5
.250
02/13/34
1,557,770‌
225,000
Philip
Morris
International,
Inc
4
.375
11/15/41
204,757‌
200,000
Philip
Morris
International,
Inc
4
.500
03/20/42
184,730‌
275,000
Philip
Morris
International,
Inc
3
.875
08/21/42
232,798‌
300,000
Philip
Morris
International,
Inc
4
.125
03/04/43
262,897‌
200,000
Philip
Morris
International,
Inc
4
.875
11/15/43
194,320‌
2,000,000
Philip
Morris
International,
Inc
4
.250
11/10/44
1,766,310‌
2,000,000
Pilgrim's
Pride
Corp
6
.250
07/01/33
2,121,922‌
750,000
Pilgrim's
Pride
Corp
6
.875
05/15/34
832,351‌
750,000
Reynolds
American,
Inc
5
.700
08/15/35
781,393‌
59
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
FOOD,
BEVERAGE
&
TOBACCO
-
1.1%
(continued)
$
65,000
Reynolds
American,
Inc
7
.250
%
06/15/37
$
75,019‌
200,000
Reynolds
American,
Inc
6
.150
09/15/43
207,914‌
1,775,000
Reynolds
American,
Inc
5
.850
08/15/45
1,775,825‌
500,000
Tyson
Foods,
Inc
4
.000
03/01/26
497,350‌
1,150,000
Tyson
Foods,
Inc
3
.550
06/02/27
1,127,823‌
500,000
Tyson
Foods,
Inc
4
.350
03/01/29
497,831‌
1,000,000
Tyson
Foods,
Inc
5
.400
03/15/29
1,038,359‌
1,000,000
Tyson
Foods,
Inc
5
.700
03/15/34
1,053,674‌
500,000
Tyson
Foods,
Inc
5
.150
08/15/44
479,332‌
300,000
Tyson
Foods,
Inc
4
.550
06/02/47
261,821‌
1,700,000
Tyson
Foods,
Inc
5
.100
09/28/48
1,609,511‌
TOTAL
FOOD,
BEVERAGE
&
TOBACCO
279,272,355‌
HEALTH
CARE
EQUIPMENT
&
SERVICES
-
1.5%
1,708,000
Abbott
Laboratories
3
.750
11/30/26
1,706,881‌
625,000
Abbott
Laboratories
1
.150
01/30/28
574,200‌
200,000
(a)
Abbott
Laboratories
1
.400
06/30/30
174,859‌
2,750,000
Abbott
Laboratories
4
.750
11/30/36
2,821,489‌
3,450,000
Abbott
Laboratories
4
.900
11/30/46
3,512,808‌
1,000,000
AdventHealth
Obligated
Group
2
.795
11/15/51
684,975‌
500,000
Adventist
Health
System
2
.952
03/01/29
464,155‌
1,000,000
(a)
Adventist
Health
System
5
.430
03/01/32
1,027,045‌
295,000
Adventist
Health
System
5
.757
12/01/34
307,444‌
500,000
(a)
Adventist
Health
System
3
.630
03/01/49
374,163‌
200,000
Advocate
Health
&
Hospitals
Corp
3
.829
08/15/28
197,755‌
750,000
Advocate
Health
&
Hospitals
Corp
2
.211
06/15/30
672,824‌
100,000
Advocate
Health
&
Hospitals
Corp
4
.272
08/15/48
90,580‌
600,000
Advocate
Health
&
Hospitals
Corp
3
.387
10/15/49
473,603‌
500,000
Advocate
Health
&
Hospitals
Corp
3
.008
06/15/50
363,710‌
325,000
Aetna,
Inc
3
.500
11/15/24
324,246‌
440,000
Aetna,
Inc
6
.625
06/15/36
497,431‌
350,000
Aetna,
Inc
4
.500
05/15/42
310,372‌
500,000
Aetna,
Inc
4
.125
11/15/42
415,429‌
1,050,000
Aetna,
Inc
3
.875
08/15/47
819,997‌
1,500,000
AHS
Hospital
Corp
2
.780
07/01/51
1,028,721‌
200,000
Allina
Health
System
3
.887
04/15/49
169,006‌
520,000
Allina
Health
System
2
.902
11/15/51
353,821‌
200,000
AmerisourceBergen
Corp
3
.450
12/15/27
195,584‌
1,000,000
AmerisourceBergen
Corp
2
.800
05/15/30
918,790‌
1,000,000
AmerisourceBergen
Corp
2
.700
03/15/31
898,535‌
700,000
AmerisourceBergen
Corp
4
.300
12/15/47
617,384‌
1,000,000
Ascension
Health
2
.532
11/15/29
928,564‌
1,000,000
Ascension
Health
3
.106
11/15/39
832,862‌
875,000
Ascension
Health
3
.945
11/15/46
763,051‌
200,000
Ascension
Health
4
.847
11/15/53
200,151‌
500,000
Banner
Health
2
.338
01/01/30
456,135‌
750,000
Banner
Health
1
.897
01/01/31
650,309‌
750,000
Banner
Health
2
.913
01/01/51
533,633‌
1,000,000
Baptist
Health
South
Florida
Obligated
Group
3
.115
11/15/71
640,890‌
1,000,000
Baptist
Healthcare
System
Obligated
Group
3
.540
08/15/50
770,734‌
475,000
Baxter
International,
Inc
2
.600
08/15/26
460,245‌
1,350,000
Baxter
International,
Inc
2
.272
12/01/28
1,242,522‌
2,000,000
Baxter
International,
Inc
1
.730
04/01/31
1,682,810‌
1,150,000
Baxter
International,
Inc
2
.539
02/01/32
997,396‌
300,000
Baxter
International,
Inc
3
.500
08/15/46
226,257‌
1,000,000
Baxter
International,
Inc
3
.132
12/01/51
681,256‌
750,000
BayCare
Health
System,
Inc
3
.831
11/15/50
632,326‌
1,500,000
Baylor
Scott
&
White
Holdings
1
.777
11/15/30
1,305,497‌
290,000
Baylor
Scott
&
White
Holdings
4
.185
11/15/45
261,836‌
200,000
Baylor
Scott
&
White
Holdings
3
.967
11/15/46
174,014‌
1,000,000
Baylor
Scott
&
White
Holdings
2
.839
11/15/50
703,343‌
1,000,000
Becton
Dickinson
&
Co
4
.693
02/13/28
1,012,860‌
1,000,000
Becton
Dickinson
&
Co
4
.874
02/08/29
1,021,707‌
Bond
Index
60
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
HEALTH
CARE
EQUIPMENT
&
SERVICES
-
1.5%
(continued)
$
1,000,000
Becton
Dickinson
&
Co
5
.081
%
06/07/29
$
1,033,544‌
675,000
Becton
Dickinson
&
Co
2
.823
05/20/30
622,747‌
1,500,000
Becton
Dickinson
&
Co
1
.957
02/11/31
1,295,236‌
1,000,000
Becton
Dickinson
&
Co
4
.298
08/22/32
982,159‌
1,000,000
Becton
Dickinson
&
Co
5
.110
02/08/34
1,028,595‌
343,000
Becton
Dickinson
&
Co
4
.685
12/15/44
320,567‌
1,000,000
Becton
Dickinson
&
Co
4
.669
06/06/47
929,556‌
447,000
Becton
Dickinson
&
Co
3
.794
05/20/50
361,881‌
235,000
Beth
Israel
Lahey
Health,
Inc
3
.080
07/01/51
158,888‌
200,000
Bon
Secours
Mercy
Health,
Inc
4
.302
07/01/28
200,027‌
500,000
Bon
Secours
Mercy
Health,
Inc
3
.464
06/01/30
480,382‌
500,000
Bon
Secours
Mercy
Health,
Inc
2
.095
06/01/31
431,777‌
500,000
Bon
Secours
Mercy
Health,
Inc
3
.205
06/01/50
365,714‌
2,500,000
Boston
Scientific
Corp
2
.650
06/01/30
2,298,070‌
343,000
Boston
Scientific
Corp
4
.550
03/01/39
335,881‌
256,000
Boston
Scientific
Corp
4
.700
03/01/49
243,777‌
1,475,000
Cardinal
Health,
Inc
3
.410
06/15/27
1,445,402‌
1,000,000
Cardinal
Health,
Inc
5
.125
02/15/29
1,028,587‌
1,000,000
Cardinal
Health,
Inc
5
.450
02/15/34
1,046,048‌
100,000
Cardinal
Health,
Inc
4
.600
03/15/43
90,603‌
200,000
Cardinal
Health,
Inc
4
.500
11/15/44
178,222‌
200,000
Cardinal
Health,
Inc
4
.900
09/15/45
187,294‌
500,000
Cardinal
Health,
Inc
4
.368
06/15/47
434,198‌
1,000,000
Cedars-Sinai
Health
System
2
.288
08/15/31
880,661‌
500,000
CENCORA,Inc
5
.125
02/15/34
514,790‌
2,000,000
Centene
Corp
2
.450
07/15/28
1,841,850‌
2,000,000
Centene
Corp
3
.000
10/15/30
1,790,454‌
2,000,000
Centene
Corp
2
.500
03/01/31
1,719,061‌
2,000,000
Centene
Corp
2
.625
08/01/31
1,714,946‌
1,000,000
Children's
Health
System
of
Texas
2
.511
08/15/50
655,761‌
100,000
Children's
Hospital
Corp
4
.115
01/01/47
89,248‌
1,000,000
Children's
Hospital
Corp
2
.585
02/01/50
670,970‌
1,000,000
Children's
Hospital
of
Philadelphia
2
.704
07/01/50
688,779‌
200,000
CHRISTUS
Health
4
.341
07/01/28
199,915‌
98,000
Cigna
Group
4
.500
02/25/26
98,236‌
416,000
Cigna
Group
1
.250
03/15/26
397,913‌
4,475,000
Cigna
Group
3
.400
03/01/27
4,393,640‌
300,000
Cigna
Group
3
.050
10/15/27
290,929‌
2,000,000
Cigna
Group
4
.375
10/15/28
2,007,771‌
1,000,000
Cigna
Group
5
.000
05/15/29
1,029,923‌
218,000
Cigna
Group
2
.400
03/15/30
197,410‌
550,000
Cigna
Group
2
.375
03/15/31
485,014‌
1,000,000
Cigna
Group
5
.125
05/15/31
1,039,193‌
2,500,000
Cigna
Group
5
.400
03/15/33
2,622,904‌
1,000,000
Cigna
Group
5
.250
02/15/34
1,035,539‌
1,700,000
Cigna
Group
4
.800
08/15/38
1,656,322‌
225,000
Cigna
Group
3
.200
03/15/40
177,742‌
93,000
Cigna
Group
6
.125
11/15/41
102,440‌
975,000
Cigna
Group
4
.800
07/15/46
912,932‌
1,150,000
Cigna
Group
3
.875
10/15/47
928,778‌
2,450,000
Cigna
Group
4
.900
12/15/48
2,307,346‌
750,000
Cigna
Group
3
.400
03/15/50
551,096‌
1,100,000
Cigna
Group
3
.400
03/15/51
803,936‌
1,875,000
Cigna
Group
5
.600
02/15/54
1,936,188‌
600,000
City
of
Hope
4
.378
08/15/48
516,746‌
750,000
CommonSpirit
Health
2
.760
10/01/24
750,000‌
750,000
CommonSpirit
Health
6
.073
11/01/27
787,919‌
1,000,000
CommonSpirit
Health
3
.347
10/01/29
952,731‌
1,000,000
CommonSpirit
Health
2
.782
10/01/30
909,752‌
1,000,000
CommonSpirit
Health
5
.205
12/01/31
1,030,615‌
760,000
CommonSpirit
Health
5
.318
12/01/34
785,392‌
300,000
CommonSpirit
Health
4
.350
11/01/42
268,259‌
61
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
HEALTH
CARE
EQUIPMENT
&
SERVICES
-
1.5%
(continued)
$
750,000
CommonSpirit
Health
3
.817
%
10/01/49
$
608,317‌
715,000
CommonSpirit
Health
4
.187
10/01/49
608,846‌
500,000
CommonSpirit
Health
3
.910
10/01/50
402,229‌
750,000
CommonSpirit
Health
6
.461
11/01/52
871,677‌
905,000
CommonSpirit
Health
5
.548
12/01/54
937,724‌
750,000
Community
Health
Network,
Inc
3
.099
05/01/50
531,452‌
500,000
Corewell
Health
Obligated
Group
3
.487
07/15/49
394,330‌
485,000
Cottage
Health
Obligated
Group
3
.304
11/01/49
370,894‌
1,050,000
CVS
Health
Corp
2
.875
06/01/26
1,024,585‌
1,250,000
CVS
Health
Corp
3
.000
08/15/26
1,221,248‌
9,500,000
CVS
Health
Corp
1
.300
08/21/27
8,728,023‌
1,000,000
CVS
Health
Corp
5
.000
01/30/29
1,021,022‌
1,500,000
CVS
Health
Corp
5
.400
06/01/29
1,556,003‌
275,000
CVS
Health
Corp
3
.250
08/15/29
259,788‌
2,000,000
CVS
Health
Corp
5
.125
02/21/30
2,050,847‌
1,825,000
CVS
Health
Corp
1
.750
08/21/30
1,553,884‌
1,000,000
CVS
Health
Corp
5
.250
01/30/31
1,029,599‌
1,525,000
CVS
Health
Corp
1
.875
02/28/31
1,284,568‌
1,000,000
CVS
Health
Corp
5
.550
06/01/31
1,043,141‌
1,000,000
CVS
Health
Corp
2
.125
09/15/31
844,993‌
2,000,000
CVS
Health
Corp
5
.250
02/21/33
2,043,390‌
850,000
CVS
Health
Corp
5
.300
06/01/33
868,626‌
1,500,000
(a)
CVS
Health
Corp
5
.700
06/01/34
1,564,839‌
4,100,000
CVS
Health
Corp
4
.780
03/25/38
3,868,393‌
850,000
CVS
Health
Corp
2
.700
08/21/40
603,583‌
400,000
CVS
Health
Corp
5
.300
12/05/43
385,437‌
1,000,000
CVS
Health
Corp
6
.000
06/01/44
1,033,578‌
1,800,000
CVS
Health
Corp
5
.125
07/20/45
1,677,050‌
8,525,000
CVS
Health
Corp
5
.050
03/25/48
7,781,020‌
2,000,000
(a)
CVS
Health
Corp
5
.625
02/21/53
1,973,633‌
1,500,000
CVS
Health
Corp
5
.875
06/01/53
1,526,462‌
1,500,000
CVS
Health
Corp
6
.050
06/01/54
1,564,934‌
1,500,000
CVS
Health
Corp
6
.000
06/01/63
1,529,024‌
100,000
Dartmouth-Hitchcock
Health
4
.178
08/01/48
82,347‌
1,000,000
DENTSPLY
SIRONA,
Inc
3
.250
06/01/30
918,508‌
750,000
DH
Europe
Finance
II
Sarl
2
.200
11/15/24
747,215‌
300,000
DH
Europe
Finance
II
Sarl
2
.600
11/15/29
279,539‌
550,000
DH
Europe
Finance
II
Sarl
3
.250
11/15/39
464,013‌
200,000
(a)
Dignity
Health
5
.267
11/01/64
197,663‌
400,000
Duke
University
Health
System,
Inc
3
.920
06/01/47
343,545‌
400,000
Edwards
Lifesciences
Corp
4
.300
06/15/28
399,776‌
1,625,000
Elevance
Health,
Inc
3
.350
12/01/24
1,620,075‌
1,000,000
Elevance
Health,
Inc
1
.500
03/15/26
962,013‌
850,000
Elevance
Health,
Inc
3
.650
12/01/27
838,097‌
1,225,000
Elevance
Health,
Inc
4
.101
03/01/28
1,220,366‌
1,000,000
Elevance
Health,
Inc
5
.150
06/15/29
1,037,570‌
500,000
Elevance
Health,
Inc
2
.875
09/15/29
468,970‌
1,500,000
Elevance
Health,
Inc
2
.250
05/15/30
1,343,488‌
1,000,000
Elevance
Health,
Inc
2
.550
03/15/31
895,129‌
50,000
Elevance
Health,
Inc
4
.100
05/15/32
48,801‌
500,000
Elevance
Health,
Inc
5
.500
10/15/32
531,336‌
1,000,000
Elevance
Health,
Inc
4
.750
02/15/33
1,011,490‌
1,500,000
Elevance
Health,
Inc
5
.375
06/15/34
1,576,812‌
1,150,000
Elevance
Health,
Inc
4
.625
05/15/42
1,077,548‌
125,000
Elevance
Health,
Inc
4
.650
01/15/43
117,545‌
500,000
Elevance
Health,
Inc
5
.100
01/15/44
494,212‌
425,000
Elevance
Health,
Inc
4
.650
08/15/44
397,575‌
625,000
Elevance
Health,
Inc
4
.375
12/01/47
553,341‌
1,800,000
Elevance
Health,
Inc
4
.550
03/01/48
1,623,408‌
500,000
Elevance
Health,
Inc
3
.700
09/15/49
394,280‌
650,000
Elevance
Health,
Inc
3
.125
05/15/50
461,006‌
425,000
Elevance
Health,
Inc
3
.600
03/15/51
327,745‌
Bond
Index
62
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
HEALTH
CARE
EQUIPMENT
&
SERVICES
-
1.5%
(continued)
$
600,000
Elevance
Health,
Inc
4
.550
%
05/15/52
$
535,367‌
1,750,000
Elevance
Health,
Inc
6
.100
10/15/52
1,944,054‌
450,000
Elevance
Health,
Inc
5
.125
02/15/53
441,558‌
900,000
Elevance
Health,
Inc
5
.650
06/15/54
949,778‌
865,000
Fred
Hutchinson
Cancer
Center
4
.966
01/01/52
868,431‌
3,000,000
GE
HealthCare
Technologies,
Inc
5
.650
11/15/27
3,121,320‌
150,000
GE
HealthCare
Technologies,
Inc
4
.800
08/14/29
152,828‌
1,000,000
GE
HealthCare
Technologies,
Inc
5
.857
03/15/30
1,070,350‌
1,500,000
GE
HealthCare
Technologies,
Inc
5
.905
11/22/32
1,624,785‌
1,500,000
GE
HealthCare
Technologies,
Inc
6
.377
11/22/52
1,753,952‌
750,000
Hackensack
Meridian
Health,
Inc
2
.675
09/01/41
557,206‌
200,000
Hackensack
Meridian
Health,
Inc
4
.211
07/01/48
179,696‌
750,000
Hackensack
Meridian
Health,
Inc
2
.875
09/01/50
523,498‌
200,000
Hackensack
Meridian
Health,
Inc
4
.500
07/01/57
184,697‌
685,000
Hartford
HealthCare
Corp
3
.447
07/01/54
518,472‌
2,000,000
HCA,
Inc
3
.125
03/15/27
1,943,923‌
3,000,000
HCA,
Inc
5
.200
06/01/28
3,078,373‌
2,500,000
HCA,
Inc
5
.625
09/01/28
2,595,594‌
1,000,000
HCA,
Inc
3
.375
03/15/29
954,724‌
1,500,000
HCA,
Inc
4
.125
06/15/29
1,476,492‌
2,000,000
HCA,
Inc
3
.500
09/01/30
1,884,751‌
2,500,000
HCA,
Inc
5
.450
04/01/31
2,604,756‌
2,000,000
HCA,
Inc
2
.375
07/15/31
1,729,169‌
2,000,000
HCA,
Inc
3
.625
03/15/32
1,849,429‌
2,000,000
HCA,
Inc
5
.500
06/01/33
2,076,858‌
1,500,000
HCA,
Inc
5
.600
04/01/34
1,563,072‌
1,000,000
HCA,
Inc
5
.450
09/15/34
1,028,939‌
225,000
HCA,
Inc
5
.125
06/15/39
221,950‌
125,000
HCA,
Inc
4
.375
03/15/42
109,552‌
875,000
HCA,
Inc
5
.500
06/15/47
869,662‌
2,500,000
HCA,
Inc
5
.250
06/15/49
2,373,764‌
1,000,000
HCA,
Inc
3
.500
07/15/51
720,551‌
1,700,000
HCA,
Inc
4
.625
03/15/52
1,475,468‌
500,000
HCA,
Inc
5
.900
06/01/53
521,580‌
1,500,000
HCA,
Inc
6
.000
04/01/54
1,584,898‌
1,000,000
HCA,
Inc
5
.950
09/15/54
1,050,509‌
750,000
HCA,
Inc
6
.100
04/01/64
790,056‌
1,000,000
Hoag
Memorial
Hospital
Presbyterian
3
.803
07/15/52
824,555‌
2,500,000
Humana,
Inc
1
.350
02/03/27
2,336,387‌
600,000
Humana,
Inc
3
.950
03/15/27
594,967‌
500,000
Humana,
Inc
5
.750
03/01/28
521,406‌
750,000
Humana,
Inc
5
.750
12/01/28
788,895‌
500,000
Humana,
Inc
3
.700
03/23/29
486,518‌
175,000
Humana,
Inc
3
.125
08/15/29
165,133‌
1,000,000
Humana,
Inc
5
.375
04/15/31
1,035,784‌
325,000
Humana,
Inc
2
.150
02/03/32
273,360‌
500,000
Humana,
Inc
5
.875
03/01/33
530,799‌
750,000
Humana,
Inc
5
.950
03/15/34
802,645‌
200,000
Humana,
Inc
4
.625
12/01/42
179,413‌
300,000
Humana,
Inc
4
.950
10/01/44
278,477‌
600,000
Humana,
Inc
4
.800
03/15/47
541,335‌
500,000
Humana,
Inc
3
.950
08/15/49
395,414‌
1,500,000
Humana,
Inc
5
.500
03/15/53
1,480,854‌
500,000
(a)
Humana,
Inc
5
.750
04/15/54
511,788‌
1,500,000
Icon
Investments
Six
Dac
5
.849
05/08/29
1,576,521‌
1,000,000
Icon
Investments
Six
Dac
6
.000
05/08/34
1,063,853‌
200,000
Indiana
University
Health,
Inc
Obligated
Group
3
.970
11/01/48
172,939‌
1,500,000
Indiana
University
Health,
Inc
Obligated
Group
2
.852
11/01/51
1,051,896‌
1,000,000
(a)
Inova
Health
System
Foundation
4
.068
05/15/52
882,300‌
760,000
Integris
Baptist
Medical
Center,
Inc
3
.875
08/15/50
599,192‌
445,000
Iowa
Health
System
3
.665
02/15/50
362,554‌
900,000
IQVIA,
Inc
5
.700
05/15/28
934,602‌
63
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
HEALTH
CARE
EQUIPMENT
&
SERVICES
-
1.5%
(continued)
$
1,000,000
IQVIA,
Inc
6
.250
%
02/01/29
$
1,062,920‌
350,000
Johns
Hopkins
Health
System
Corp
3
.837
05/15/46
299,592‌
500,000
Kaiser
Foundation
Hospitals
3
.150
05/01/27
490,112‌
1,400,000
Kaiser
Foundation
Hospitals
2
.810
06/01/41
1,079,542‌
100,000
Kaiser
Foundation
Hospitals
4
.875
04/01/42
99,935‌
1,265,000
Kaiser
Foundation
Hospitals
4
.150
05/01/47
1,136,942‌
1,000,000
Kaiser
Foundation
Hospitals
3
.266
11/01/49
761,369‌
1,000,000
Kaiser
Foundation
Hospitals
3
.002
06/01/51
717,064‌
755,000
Koninklijke
Philips
NV
5
.000
03/15/42
736,023‌
1,000,000
Laboratory
Corp
of
America
Holdings
1
.550
06/01/26
954,897‌
300,000
Laboratory
Corp
of
America
Holdings
3
.600
09/01/27
294,365‌
500,000
Laboratory
Corp
of
America
Holdings
2
.950
12/01/29
465,601‌
1,000,000
Laboratory
Corp
of
America
Holdings
4
.350
04/01/30
991,382‌
1,000,000
Laboratory
Corp
of
America
Holdings
2
.700
06/01/31
893,133‌
1,000,000
Laboratory
Corp
of
America
Holdings
4
.550
04/01/32
988,579‌
1,000,000
Laboratory
Corp
of
America
Holdings
4
.800
10/01/34
988,365‌
800,000
Laboratory
Corp
of
America
Holdings
4
.700
02/01/45
735,137‌
100,000
Mass
General
Brigham,
Inc
3
.765
07/01/48
83,844‌
750,000
Mass
General
Brigham,
Inc
3
.192
07/01/49
565,927‌
100,000
Mass
General
Brigham,
Inc
4
.117
07/01/55
87,278‌
1,000,000
Mass
General
Brigham,
Inc
3
.342
07/01/60
724,939‌
200,000
Mayo
Clinic
4
.000
11/15/47
175,859‌
200,000
Mayo
Clinic
4
.128
11/15/52
179,000‌
2,500,000
Mayo
Clinic
3
.196
11/15/61
1,799,648‌
1,000,000
McKesson
Corp
0
.900
12/03/25
961,519‌
500,000
McKesson
Corp
1
.300
08/15/26
475,405‌
1,000,000
McKesson
Corp
4
.900
07/15/28
1,029,414‌
1,500,000
McKesson
Corp
4
.250
09/15/29
1,503,906‌
350,000
McKesson
Corp
5
.100
07/15/33
363,421‌
200,000
McLaren
Health
Care
Corp
4
.386
05/15/48
182,489‌
135,000
MedStar
Health,
Inc
3
.626
08/15/49
104,949‌
575,000
Medtronic
Global
Holdings
S.C.A
4
.250
03/30/28
579,851‌
1,000,000
Medtronic
Global
Holdings
S.C.A
4
.500
03/30/33
1,005,573‌
2,777,000
Medtronic,
Inc
4
.375
03/15/35
2,761,192‌
1,074,000
Medtronic,
Inc
4
.625
03/15/45
1,031,426‌
500,000
Memorial
Health
Services
3
.447
11/01/49
397,100‌
1,000,000
Memorial
Sloan-Kettering
Cancer
Center
2
.955
01/01/50
725,175‌
200,000
(a)
Memorial
Sloan-Kettering
Cancer
Center
4
.125
07/01/52
176,769‌
500,000
Memorial
Sloan-Kettering
Cancer
Center
4
.200
07/01/55
447,460‌
1,000,000
Methodist
Hospital
2
.705
12/01/50
680,174‌
500,000
Montefiore
Obligated
Group
5
.246
11/01/48
447,362‌
750,000
Montefiore
Obligated
Group
4
.287
09/01/50
565,785‌
1,000,000
Mount
Nittany
Medical
Center
Obligated
Group
3
.799
11/15/52
798,273‌
100,000
Mount
Sinai
Hospitals
Group,
Inc
3
.981
07/01/48
74,152‌
600,000
Mount
Sinai
Hospitals
Group,
Inc
3
.737
07/01/49
411,004‌
895,000
Mount
Sinai
Hospitals
Group,
Inc
3
.391
07/01/50
558,298‌
1,000,000
MultiCare
Health
System
2
.803
08/15/50
636,125‌
380,000
MyMichigan
Health
3
.409
06/01/50
285,882‌
1,000,000
Nationwide
Children's
Hospital,
Inc
4
.556
11/01/52
974,967‌
1,000,000
New
York
and
Presbyterian
Hospital
2
.256
08/01/40
715,980‌
300,000
New
York
and
Presbyterian
Hospital
4
.024
08/01/45
267,407‌
150,000
New
York
and
Presbyterian
Hospital
4
.063
08/01/56
129,732‌
1,000,000
New
York
and
Presbyterian
Hospital
2
.606
08/01/60
616,506‌
500,000
(a)
New
York
and
Presbyterian
Hospital
3
.954
08/01/19
393,286‌
140,000
Northwell
Healthcare,
Inc
3
.979
11/01/46
115,975‌
675,000
Northwell
Healthcare,
Inc
4
.260
11/01/47
581,953‌
500,000
Northwell
Healthcare,
Inc
3
.809
11/01/49
398,481‌
1,000,000
Northwestern
Memorial
Healthcare
Obligated
Group
2
.633
07/15/51
682,478‌
1,000,000
Novant
Health,
Inc
2
.637
11/01/36
808,371‌
1,000,000
Novant
Health,
Inc
3
.318
11/01/61
704,675‌
1,000,000
NY
Society
for
Relief
of
Ruptured
&
Crippled
Maintaining
Hosp
Special
Surgery
2
.667
10/01/50
668,777‌
350,000
NYU
Langone
Hospitals
5
.750
07/01/43
383,019‌
Bond
Index
64
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
HEALTH
CARE
EQUIPMENT
&
SERVICES
-
1.5%
(continued)
$
250,000
NYU
Langone
Hospitals
4
.368
%
07/01/47
$
230,905‌
915,000
NYU
Langone
Hospitals
3
.380
07/01/55
680,478‌
1,000,000
Ochsner
LSU
Health
System
of
North
Louisiana
2
.510
05/15/31
777,008‌
1,000,000
OhioHealth
Corp
2
.297
11/15/31
865,557‌
750,000
OhioHealth
Corp
3
.042
11/15/50
565,186‌
100,000
Orlando
Health
Obligated
Group
4
.089
10/01/48
86,517‌
1,000,000
Orlando
Health
Obligated
Group
3
.327
10/01/50
766,415‌
750,000
PeaceHealth
Obligated
Group
1
.375
11/15/25
721,923‌
200,000
PeaceHealth
Obligated
Group
4
.787
11/15/48
185,406‌
750,000
PeaceHealth
Obligated
Group
3
.218
11/15/50
530,215‌
500,000
Piedmont
Healthcare,
Inc
2
.044
01/01/32
423,481‌
500,000
Piedmont
Healthcare,
Inc
2
.719
01/01/42
373,834‌
1,000,000
Piedmont
Healthcare,
Inc
2
.864
01/01/52
688,704‌
725,000
Presbyterian
Healthcare
Services
4
.875
08/01/52
723,515‌
200,000
Providence
St.
Joseph
Health
Obligated
Group
2
.746
10/01/26
193,640‌
570,000
Providence
St.
Joseph
Health
Obligated
Group
2
.532
10/01/29
523,224‌
945,000
Providence
St.
Joseph
Health
Obligated
Group
5
.403
10/01/33
981,987‌
100,000
Providence
St.
Joseph
Health
Obligated
Group
3
.744
10/01/47
80,716‌
350,000
Providence
St.
Joseph
Health
Obligated
Group
3
.930
10/01/48
286,768‌
1,000,000
(a)
Providence
St.
Joseph
Health
Obligated
Group
2
.700
10/01/51
635,221‌
785,000
Queen's
Health
Systems
4
.810
07/01/52
779,740‌
225,000
Quest
Diagnostics,
Inc
3
.450
06/01/26
221,824‌
500,000
Quest
Diagnostics,
Inc
4
.600
12/15/27
506,696‌
500,000
Quest
Diagnostics,
Inc
4
.200
06/30/29
497,968‌
500,000
Quest
Diagnostics,
Inc
4
.625
12/15/29
506,100‌
750,000
Quest
Diagnostics,
Inc
2
.950
06/30/30
695,485‌
500,000
Quest
Diagnostics,
Inc
2
.800
06/30/31
450,781‌
250,000
Quest
Diagnostics,
Inc
6
.400
11/30/33
279,413‌
1,000,000
Quest
Diagnostics,
Inc
5
.000
12/15/34
1,012,574‌
300,000
Quest
Diagnostics,
Inc
4
.700
03/30/45
281,683‌
1,500,000
Rady
Children's
Hospital-San
Diego
3
.154
08/15/51
1,120,600‌
390,000
Rush
Obligated
Group
3
.922
11/15/29
383,933‌
425,000
Sentara
Healthcare
2
.927
11/01/51
299,209‌
1,000,000
Sharp
HealthCare
2
.680
08/01/50
669,420‌
1,000,000
Smith
&
Nephew
plc
5
.150
03/20/27
1,018,299‌
1,000,000
Smith
&
Nephew
plc
2
.032
10/14/30
869,340‌
1,000,000
Smith
&
Nephew
plc
5
.400
03/20/34
1,039,943‌
1,000,000
(c)
Solventum
Corp
5
.400
03/01/29
1,028,813‌
1,000,000
(c)
Solventum
Corp
5
.450
03/13/31
1,030,885‌
1,500,000
(c)
Solventum
Corp
5
.600
03/23/34
1,553,379‌
1,500,000
(c)
Solventum
Corp
5
.900
04/30/54
1,553,833‌
1,000,000
(c)
Solventum
Corp
6
.000
05/15/64
1,032,635‌
400,000
SSM
Health
Care
Corp
3
.823
06/01/27
396,714‌
500,000
SSM
Health
Care
Corp
4
.894
06/01/28
508,917‌
1,620,000
Stanford
Health
Care
3
.027
08/15/51
1,174,026‌
1,000,000
STERIS
Irish
FinCo
UnLtd
Co
2
.700
03/15/31
890,676‌
1,000,000
STERIS
Irish
FinCo
UnLtd
Co
3
.750
03/15/51
767,295‌
200,000
Stryker
Corp
3
.375
11/01/25
198,121‌
1,600,000
Stryker
Corp
3
.500
03/15/26
1,583,340‌
500,000
Stryker
Corp
3
.650
03/07/28
492,843‌
1,000,000
Stryker
Corp
4
.850
12/08/28
1,025,826‌
1,250,000
Stryker
Corp
4
.250
09/11/29
1,252,618‌
600,000
Stryker
Corp
1
.950
06/15/30
529,114‌
1,250,000
Stryker
Corp
4
.625
09/11/34
1,255,450‌
200,000
Stryker
Corp
4
.100
04/01/43
176,628‌
200,000
Stryker
Corp
4
.375
05/15/44
181,502‌
550,000
Stryker
Corp
4
.625
03/15/46
519,691‌
575,000
Stryker
Corp
2
.900
06/15/50
404,902‌
1,500,000
Summa
Health
3
.511
11/15/51
1,172,962‌
200,000
Sutter
Health
3
.695
08/15/28
195,551‌
1,000,000
Sutter
Health
2
.294
08/15/30
895,538‌
750,000
Sutter
Health
5
.164
08/15/33
776,679‌
65
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
HEALTH
CARE
EQUIPMENT
&
SERVICES
-
1.5%
(continued)
$
500,000
Sutter
Health
3
.161
%
08/15/40
$
403,178‌
200,000
Sutter
Health
4
.091
08/15/48
173,588‌
500,000
Sutter
Health
3
.361
08/15/50
381,350‌
135,000
Sutter
Health
5
.547
08/15/53
146,430‌
1,000,000
Texas
Health
Resources
2
.328
11/15/50
623,636‌
100,000
Texas
Health
Resources
4
.330
11/15/55
89,962‌
450,000
Toledo
Hospital
5
.750
11/15/38
458,772‌
2,000,000
Trinity
Health
Corp
2
.632
12/01/40
1,497,260‌
300,000
Trinity
Health
Corp
4
.125
12/01/45
268,688‌
185,000
Trinity
Health
Corp
3
.434
12/01/48
149,480‌
1,000,000
UMass
Memorial
Health
Care
Obligated
Group
5
.363
07/01/52
999,863‌
500,000
UnitedHealth
Group,
Inc
3
.700
12/15/25
497,548‌
1,000,000
UnitedHealth
Group,
Inc
1
.250
01/15/26
964,928‌
3,000,000
UnitedHealth
Group,
Inc
1
.150
05/15/26
2,868,129‌
200,000
UnitedHealth
Group,
Inc
3
.450
01/15/27
197,922‌
1,500,000
UnitedHealth
Group,
Inc
3
.700
05/15/27
1,492,950‌
1,700,000
UnitedHealth
Group,
Inc
2
.950
10/15/27
1,654,882‌
2,000,000
UnitedHealth
Group,
Inc
5
.250
02/15/28
2,081,338‌
2,375,000
UnitedHealth
Group,
Inc
3
.850
06/15/28
2,366,001‌
500,000
UnitedHealth
Group,
Inc
3
.875
12/15/28
497,124‌
1,500,000
UnitedHealth
Group,
Inc
4
.250
01/15/29
1,512,921‌
1,000,000
UnitedHealth
Group,
Inc
4
.700
04/15/29
1,025,588‌
1,500,000
UnitedHealth
Group,
Inc
4
.000
05/15/29
1,496,345‌
1,000,000
UnitedHealth
Group,
Inc
2
.875
08/15/29
948,513‌
1,000,000
UnitedHealth
Group,
Inc
5
.300
02/15/30
1,054,499‌
2,200,000
UnitedHealth
Group,
Inc
2
.000
05/15/30
1,961,350‌
2,000,000
UnitedHealth
Group,
Inc
4
.900
04/15/31
2,069,062‌
1,750,000
UnitedHealth
Group,
Inc
2
.300
05/15/31
1,551,649‌
1,000,000
UnitedHealth
Group,
Inc
4
.950
01/15/32
1,034,257‌
800,000
UnitedHealth
Group,
Inc
4
.200
05/15/32
793,713‌
1,500,000
UnitedHealth
Group,
Inc
5
.350
02/15/33
1,593,313‌
1,500,000
UnitedHealth
Group,
Inc
4
.500
04/15/33
1,506,675‌
3,000,000
UnitedHealth
Group,
Inc
5
.000
04/15/34
3,097,555‌
1,500,000
UnitedHealth
Group,
Inc
5
.150
07/15/34
1,565,534‌
150,000
UnitedHealth
Group,
Inc
5
.800
03/15/36
165,372‌
365,000
UnitedHealth
Group,
Inc
6
.625
11/15/37
429,653‌
200,000
UnitedHealth
Group,
Inc
6
.875
02/15/38
242,224‌
275,000
UnitedHealth
Group,
Inc
3
.500
08/15/39
237,044‌
1,000,000
UnitedHealth
Group,
Inc
2
.750
05/15/40
765,429‌
3,000,000
UnitedHealth
Group,
Inc
3
.050
05/15/41
2,368,251‌
300,000
UnitedHealth
Group,
Inc
4
.375
03/15/42
280,735‌
350,000
UnitedHealth
Group,
Inc
3
.950
10/15/42
306,925‌
375,000
UnitedHealth
Group,
Inc
4
.250
03/15/43
347,375‌
800,000
UnitedHealth
Group,
Inc
4
.200
01/15/47
708,263‌
300,000
UnitedHealth
Group,
Inc
4
.250
04/15/47
265,449‌
500,000
UnitedHealth
Group,
Inc
3
.750
10/15/47
410,381‌
1,700,000
UnitedHealth
Group,
Inc
4
.250
06/15/48
1,504,799‌
1,000,000
UnitedHealth
Group,
Inc
3
.700
08/15/49
805,369‌
4,000,000
UnitedHealth
Group,
Inc
2
.900
05/15/50
2,801,833‌
3,000,000
UnitedHealth
Group,
Inc
3
.250
05/15/51
2,222,258‌
450,000
UnitedHealth
Group,
Inc
4
.750
05/15/52
429,122‌
1,500,000
UnitedHealth
Group,
Inc
5
.875
02/15/53
1,660,416‌
1,500,000
UnitedHealth
Group,
Inc
5
.050
04/15/53
1,489,010‌
3,000,000
UnitedHealth
Group,
Inc
5
.375
04/15/54
3,118,683‌
1,250,000
UnitedHealth
Group,
Inc
3
.875
08/15/59
996,972‌
1,000,000
UnitedHealth
Group,
Inc
3
.125
05/15/60
682,505‌
500,000
UnitedHealth
Group,
Inc
4
.950
05/15/62
483,627‌
1,000,000
UnitedHealth
Group,
Inc
6
.050
02/15/63
1,132,157‌
1,500,000
UnitedHealth
Group,
Inc
5
.200
04/15/63
1,501,394‌
2,000,000
UnitedHealth
Group,
Inc
5
.500
04/15/64
2,091,249‌
1,000,000
Universal
Health
Services,
Inc
1
.650
09/01/26
947,265‌
1,000,000
Universal
Health
Services,
Inc
4
.625
10/15/29
993,830‌
Bond
Index
66
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
HEALTH
CARE
EQUIPMENT
&
SERVICES
-
1.5%
(continued)
$
1,000,000
Universal
Health
Services,
Inc
2
.650
%
01/15/32
$
860,555‌
1,000,000
Universal
Health
Services,
Inc
5
.050
10/15/34
981,616‌
500,000
University
of
Pittsburgh
Medical
Center
5
.035
05/15/33
510,482‌
500,000
University
of
Pittsburgh
Medical
Center
5
.377
05/15/43
518,827‌
370,000
(a)
WakeMed
3
.286
10/01/52
284,850‌
200,000
West
Virginia
United
Health
System
Obligated
Group
3
.129
06/01/50
138,751‌
500,000
Willis-Knighton
Medical
Center
3
.065
03/01/51
345,185‌
1,000,000
Yale
Haven
Health
Services
Corp
2
.496
07/01/50
635,306‌
225,000
Zimmer
Biomet
Holdings,
Inc
3
.050
01/15/26
221,330‌
1,000,000
Zimmer
Biomet
Holdings,
Inc
5
.350
12/01/28
1,037,766‌
1,500,000
Zimmer
Biomet
Holdings,
Inc
2
.600
11/24/31
1,314,184‌
1,000,000
Zimmer
Biomet
Holdings,
Inc
5
.200
09/15/34
1,018,293‌
TOTAL
HEALTH
CARE
EQUIPMENT
&
SERVICES
387,720,810‌
HOUSEHOLD
&
PERSONAL
PRODUCTS
-
0.2%
500,000
Church
&
Dwight
Co,
Inc
3
.150
08/01/27
488,665‌
250,000
Church
&
Dwight
Co,
Inc
2
.300
12/15/31
218,450‌
500,000
Church
&
Dwight
Co,
Inc
5
.600
11/15/32
538,162‌
100,000
Church
&
Dwight
Co,
Inc
3
.950
08/01/47
83,575‌
725,000
Church
&
Dwight
Co,
Inc
5
.000
06/15/52
711,151‌
300,000
Clorox
Co
3
.100
10/01/27
291,123‌
500,000
Clorox
Co
3
.900
05/15/28
495,429‌
750,000
Clorox
Co
4
.400
05/01/29
756,458‌
1,000,000
Clorox
Co
1
.800
05/15/30
875,732‌
375,000
Clorox
Co
4
.600
05/01/32
379,978‌
1,000,000
Colgate-Palmolive
Co
3
.100
08/15/27
985,028‌
1,000,000
Colgate-Palmolive
Co
4
.600
03/01/28
1,026,104‌
60,000
Colgate-Palmolive
Co
6
.450
06/16/28
64,948‌
225,000
Colgate-Palmolive
Co
3
.250
08/15/32
211,742‌
1,000,000
Colgate-Palmolive
Co
4
.600
03/01/33
1,034,644‌
300,000
(a)
Colgate-Palmolive
Co
4
.000
08/15/45
272,353‌
550,000
Colgate-Palmolive
Co
3
.700
08/01/47
472,526‌
450,000
Estee
Lauder
Cos,
Inc
3
.150
03/15/27
440,975‌
200,000
Estee
Lauder
Cos,
Inc
2
.375
12/01/29
183,715‌
100,000
Estee
Lauder
Cos,
Inc
2
.600
04/15/30
92,195‌
1,500,000
Estee
Lauder
Cos,
Inc
1
.950
03/15/31
1,301,853‌
750,000
Estee
Lauder
Cos,
Inc
4
.650
05/15/33
758,615‌
1,000,000
(a)
Estee
Lauder
Cos,
Inc
5
.000
02/14/34
1,034,170‌
100,000
Estee
Lauder
Cos,
Inc
6
.000
05/15/37
112,317‌
300,000
Estee
Lauder
Cos,
Inc
4
.375
06/15/45
271,590‌
375,000
Estee
Lauder
Cos,
Inc
4
.150
03/15/47
328,008‌
700,000
Estee
Lauder
Cos,
Inc
3
.125
12/01/49
509,221‌
750,000
(a)
Estee
Lauder
Cos,
Inc
5
.150
05/15/53
780,600‌
1,900,000
Haleon
US
Capital
LLC
3
.375
03/24/27
1,866,364‌
725,000
Haleon
US
Capital
LLC
3
.375
03/24/29
699,749‌
1,500,000
Haleon
US
Capital
LLC
3
.625
03/24/32
1,410,944‌
1,000,000
Haleon
US
Capital
LLC
4
.000
03/24/52
851,049‌
2,500,000
Kenvue,
Inc
5
.050
03/22/28
2,586,937‌
1,000,000
Kenvue,
Inc
5
.000
03/22/30
1,044,691‌
1,750,000
Kenvue,
Inc
4
.900
03/22/33
1,811,493‌
500,000
Kenvue,
Inc
5
.100
03/22/43
517,128‌
1,750,000
Kenvue,
Inc
5
.050
03/22/53
1,798,096‌
1,000,000
Kenvue,
Inc
5
.200
03/22/63
1,026,473‌
200,000
Kimberly-Clark
Corp
1
.050
09/15/27
184,069‌
412,000
Kimberly-Clark
Corp
3
.950
11/01/28
411,980‌
1,500,000
Kimberly-Clark
Corp
3
.200
04/25/29
1,455,581‌
1,500,000
Kimberly-Clark
Corp
2
.000
11/02/31
1,312,771‌
500,000
Kimberly-Clark
Corp
4
.500
02/16/33
509,115‌
200,000
Kimberly-Clark
Corp
6
.625
08/01/37
239,945‌
725,000
Kimberly-Clark
Corp
3
.200
07/30/46
558,506‌
200,000
Kimberly-Clark
Corp
3
.900
05/04/47
170,852‌
300,000
(a)
Kimberly-Clark
Corp
2
.875
02/07/50
215,633‌
750,000
Procter
&
Gamble
Co
2
.700
02/02/26
738,355‌
67
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
HOUSEHOLD
&
PERSONAL
PRODUCTS
-
0.2%
(continued)
$
2,000,000
Procter
&
Gamble
Co
1
.000
%
04/23/26
$
1,915,817‌
1,750,000
Procter
&
Gamble
Co
2
.450
11/03/26
1,704,871‌
1,500,000
(a)
Procter
&
Gamble
Co
3
.950
01/26/28
1,509,174‌
1,000,000
Procter
&
Gamble
Co
4
.350
01/29/29
1,024,668‌
2,000,000
Procter
&
Gamble
Co
3
.000
03/25/30
1,915,859‌
1,150,000
Procter
&
Gamble
Co
1
.200
10/29/30
983,666‌
1,500,000
Procter
&
Gamble
Co
1
.950
04/23/31
1,340,025‌
1,500,000
Procter
&
Gamble
Co
4
.050
01/26/33
1,502,243‌
2,000,000
Procter
&
Gamble
Co
4
.550
01/29/34
2,065,703‌
225,000
Unilever
Capital
Corp
2
.000
07/28/26
217,766‌
800,000
Unilever
Capital
Corp
2
.900
05/05/27
781,178‌
1,150,000
Unilever
Capital
Corp
3
.500
03/22/28
1,132,388‌
700,000
Unilever
Capital
Corp
4
.875
09/08/28
721,356‌
1,000,000
Unilever
Capital
Corp
2
.125
09/06/29
913,554‌
175,000
Unilever
Capital
Corp
1
.375
09/14/30
149,763‌
200,000
Unilever
Capital
Corp
1
.750
08/12/31
171,817‌
430,000
Unilever
Capital
Corp
5
.900
11/15/32
477,973‌
700,000
Unilever
Capital
Corp
5
.000
12/08/33
736,027‌
1,300,000
Unilever
Capital
Corp
4
.625
08/12/34
1,318,851‌
500,000
Unilever
Capital
Corp
2
.625
08/12/51
343,057‌
TOTAL
HOUSEHOLD
&
PERSONAL
PRODUCTS
55,054,814‌
INSURANCE
-
0.8%
500,000
Aegon
NV
5
.500
04/11/48
498,355‌
2,000,000
Aflac,
Inc
1
.125
03/15/26
1,913,187‌
200,000
Aflac,
Inc
2
.875
10/15/26
195,299‌
375,000
Aflac,
Inc
3
.600
04/01/30
362,615‌
200,000
Aflac,
Inc
4
.000
10/15/46
168,976‌
500,000
Aflac,
Inc
4
.750
01/15/49
469,887‌
1,000,000
Alleghany
Corp
3
.625
05/15/30
968,756‌
200,000
Alleghany
Corp
4
.900
09/15/44
195,634‌
1,000,000
Alleghany
Corp
3
.250
08/15/51
725,629‌
1,000,000
Allstate
Corp
0
.750
12/15/25
958,662‌
275,000
Allstate
Corp
3
.280
12/15/26
270,286‌
1,500,000
Allstate
Corp
5
.050
06/24/29
1,545,578‌
1,000,000
Allstate
Corp
1
.450
12/15/30
838,477‌
600,000
Allstate
Corp
5
.250
03/30/33
625,646‌
600,000
Allstate
Corp
4
.500
06/15/43
552,885‌
975,000
Allstate
Corp
4
.200
12/15/46
852,287‌
250,000
Allstate
Corp
3
.850
08/10/49
204,899‌
200,000
Allstate
Corp
8
.318
08/15/53
201,000‌
325,000
American
Financial
Group,
Inc
5
.250
04/02/30
338,605‌
400,000
American
Financial
Group,
Inc
4
.500
06/15/47
355,879‌
1,500,000
American
International
Group,
Inc
5
.125
03/27/33
1,545,814‌
300,000
American
International
Group,
Inc
4
.800
07/10/45
286,591‌
1,500,000
American
International
Group,
Inc
4
.750
04/01/48
1,421,863‌
300,000
American
International
Group,
Inc
5
.750
04/01/48
300,947‌
1,500,000
American
International
Group,
Inc
4
.375
06/30/50
1,344,596‌
1,000,000
American
National
Group,
Inc
5
.750
10/01/29
1,005,779‌
200,000
Aon
Corp
4
.500
12/15/28
201,326‌
450,000
Aon
Corp
3
.750
05/02/29
439,170‌
450,000
Aon
Corp
2
.800
05/15/30
414,262‌
1,000,000
Aon
Corp
2
.050
08/23/31
855,021‌
1,000,000
Aon
Corp
2
.600
12/02/31
883,646‌
500,000
Aon
Corp
5
.000
09/12/32
512,806‌
750,000
Aon
Corp
5
.350
02/28/33
783,533‌
200,000
Aon
Corp
6
.250
09/30/40
219,769‌
1,000,000
Aon
Corp
2
.900
08/23/51
664,314‌
500,000
Aon
Corp
3
.900
02/28/52
399,899‌
550,000
Aon
Global
Ltd
4
.750
05/15/45
513,785‌
1,000,000
Aon
North
America,
Inc
5
.125
03/01/27
1,023,027‌
1,500,000
Aon
North
America,
Inc
5
.150
03/01/29
1,549,457‌
1,000,000
Aon
North
America,
Inc
5
.300
03/01/31
1,043,267‌
Bond
Index
68
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
INSURANCE
-
0.8%
(continued)
$
2,000,000
Aon
North
America,
Inc
5
.450
%
03/01/34
$
2,099,842‌
2,000,000
Aon
North
America,
Inc
5
.750
03/01/54
2,118,674‌
1,050,000
Arch
Capital
Group
Ltd
4
.011
12/15/26
1,043,107‌
200,000
Arch
Capital
Group
Ltd
5
.031
12/15/46
192,102‌
600,000
Arch
Capital
Group
Ltd
3
.635
06/30/50
466,386‌
300,000
Arch
Capital
Group
US,
Inc
5
.144
11/01/43
292,061‌
2,000,000
Arthur
J
Gallagher
&
Co
2
.400
11/09/31
1,709,061‌
500,000
Arthur
J
Gallagher
&
Co
5
.500
03/02/33
523,221‌
150,000
Arthur
J
Gallagher
&
Co
6
.500
02/15/34
167,460‌
1,500,000
Arthur
J
Gallagher
&
Co
5
.450
07/15/34
1,562,874‌
125,000
Arthur
J
Gallagher
&
Co
3
.500
05/20/51
92,278‌
1,000,000
Arthur
J
Gallagher
&
Co
3
.050
03/09/52
663,065‌
250,000
Arthur
J
Gallagher
&
Co
6
.750
02/15/54
294,263‌
725,000
Arthur
J
Gallagher
&
Co
5
.750
07/15/54
756,771‌
300,000
Assurant,
Inc
4
.900
03/27/28
302,522‌
500,000
Assurant,
Inc
3
.700
02/22/30
473,620‌
7,000
Assurant,
Inc
6
.750
02/15/34
7,740‌
500,000
Assured
Guaranty
US
Holdings,
Inc
6
.125
09/15/28
530,647‌
1,000,000
(a)
Assured
Guaranty
US
Holdings,
Inc
3
.150
06/15/31
905,118‌
300,000
Assured
Guaranty
US
Holdings,
Inc
3
.600
09/15/51
219,874‌
675,000
Athene
Holding
Ltd
4
.125
01/12/28
666,122‌
500,000
Athene
Holding
Ltd
6
.150
04/03/30
537,986‌
1,000,000
Athene
Holding
Ltd
6
.650
02/01/33
1,099,101‌
1,000,000
Athene
Holding
Ltd
5
.875
01/15/34
1,046,631‌
1,000,000
Athene
Holding
Ltd
3
.950
05/25/51
768,481‌
1,000,000
Athene
Holding
Ltd
3
.450
05/15/52
685,545‌
1,000,000
Athene
Holding
Ltd
6
.250
04/01/54
1,066,047‌
300,000
AXIS
Specialty
Finance
LLC
3
.900
07/15/29
291,132‌
250,000
AXIS
Specialty
Finance
LLC
4
.900
01/15/40
239,237‌
200,000
AXIS
Specialty
Finance
plc
4
.000
12/06/27
196,793‌
1,500,000
Berkshire
Hathaway
Finance
Corp
2
.300
03/15/27
1,451,860‌
100,000
Berkshire
Hathaway
Finance
Corp
1
.850
03/12/30
89,587‌
1,500,000
Berkshire
Hathaway
Finance
Corp
1
.450
10/15/30
1,297,379‌
1,000,000
Berkshire
Hathaway
Finance
Corp
2
.875
03/15/32
923,195‌
300,000
Berkshire
Hathaway
Finance
Corp
4
.400
05/15/42
294,316‌
2,175,000
Berkshire
Hathaway
Finance
Corp
4
.200
08/15/48
2,000,206‌
1,725,000
Berkshire
Hathaway
Finance
Corp
4
.250
01/15/49
1,597,368‌
3,000,000
Berkshire
Hathaway
Finance
Corp
2
.500
01/15/51
1,980,179‌
1,500,000
Berkshire
Hathaway
Finance
Corp
3
.850
03/15/52
1,265,537‌
1,000,000
(a)
Brighthouse
Financial,
Inc
5
.625
05/15/30
1,037,448‌
236,000
(a)
Brighthouse
Financial,
Inc
4
.700
06/22/47
194,343‌
500,000
Brown
&
Brown,
Inc
4
.500
03/15/29
502,407‌
1,000,000
Brown
&
Brown,
Inc
2
.375
03/15/31
865,700‌
1,000,000
Brown
&
Brown,
Inc
4
.200
03/17/32
957,660‌
1,000,000
Brown
&
Brown,
Inc
5
.650
06/11/34
1,049,167‌
500,000
Brown
&
Brown,
Inc
4
.950
03/17/52
457,521‌
450,000
Chubb
Corp
6
.000
05/11/37
502,312‌
1,000,000
Chubb
INA
Holdings
LLC
4
.650
08/15/29
1,023,231‌
2,325,000
Chubb
INA
Holdings,
Inc
3
.350
05/03/26
2,297,636‌
1,325,000
(a)
Chubb
INA
Holdings,
Inc
1
.375
09/15/30
1,136,053‌
2,000,000
Chubb
INA
Holdings,
Inc
5
.000
03/15/34
2,076,926‌
150,000
Chubb
INA
Holdings,
Inc
4
.150
03/13/43
135,255‌
1,600,000
Chubb
INA
Holdings,
Inc
4
.350
11/03/45
1,476,819‌
425,000
Chubb
INA
Holdings,
Inc
2
.850
12/15/51
296,657‌
1,500,000
Chubb
INA
Holdings,
Inc
3
.050
12/15/61
1,023,857‌
200,000
Cincinnati
Financial
Corp
6
.920
05/15/28
218,170‌
200,000
CNA
Financial
Corp
4
.500
03/01/26
200,102‌
225,000
CNA
Financial
Corp
3
.450
08/15/27
220,132‌
100,000
CNA
Financial
Corp
3
.900
05/01/29
98,074‌
1,150,000
CNA
Financial
Corp
2
.050
08/15/30
1,007,317‌
1,000,000
CNA
Financial
Corp
5
.500
06/15/33
1,051,807‌
1,000,000
CNA
Financial
Corp
5
.125
02/15/34
1,022,594‌
69
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
INSURANCE
-
0.8%
(continued)
$
500,000
CNO
Financial
Group,
Inc
5
.250
%
05/30/29
$
506,048‌
1,000,000
CNO
Financial
Group,
Inc
6
.450
06/15/34
1,057,117‌
650,000
Corebridge
Financial,
Inc
6
.375
09/15/54
656,688‌
500,000
Enstar
Group
Ltd
4
.950
06/01/29
502,765‌
1,000,000
Enstar
Group
Ltd
3
.100
09/01/31
863,884‌
1,375,000
Equitable
Holdings,
Inc
4
.350
04/20/28
1,369,834‌
662,000
Equitable
Holdings,
Inc
5
.000
04/20/48
634,021‌
300,000
Everest
Reinsurance
Holdings,
Inc
4
.868
06/01/44
279,588‌
250,000
Everest
Reinsurance
Holdings,
Inc
3
.500
10/15/50
181,495‌
1,200,000
Everest
Reinsurance
Holdings,
Inc
3
.125
10/15/52
802,855‌
750,000
F&G
Annuities
&
Life,
Inc
7
.400
01/13/28
792,180‌
750,000
F&G
Annuities
&
Life,
Inc
6
.500
06/04/29
772,486‌
400,000
Fairfax
Financial
Holdings
Ltd
4
.850
04/17/28
404,719‌
500,000
Fairfax
Financial
Holdings
Ltd
4
.625
04/29/30
499,430‌
1,000,000
Fairfax
Financial
Holdings
Ltd
3
.375
03/03/31
913,782‌
1,000,000
Fairfax
Financial
Holdings
Ltd
5
.625
08/16/32
1,036,079‌
950,000
(c)
Fairfax
Financial
Holdings
Ltd
6
.000
12/07/33
998,942‌
1,000,000
(c)
Fairfax
Financial
Holdings
Ltd
6
.350
03/22/54
1,068,705‌
750,000
(c)
Fairfax
Financial
Holdings
Ltd
6
.100
03/15/55
780,957‌
300,000
Fidelity
National
Financial,
Inc
4
.500
08/15/28
301,242‌
1,000,000
Fidelity
National
Financial,
Inc
3
.400
06/15/30
931,289‌
500,000
Fidelity
National
Financial,
Inc
2
.450
03/15/31
433,374‌
400,000
Fidelity
National
Financial,
Inc
3
.200
09/17/51
267,684‌
750,000
First
American
Financial
Corp
4
.000
05/15/30
712,383‌
400,000
First
American
Financial
Corp
2
.400
08/15/31
335,890‌
1,000,000
First
American
Financial
Corp
5
.450
09/30/34
995,399‌
350,000
(a)
Globe
Life,
Inc
4
.550
09/15/28
349,655‌
350,000
Globe
Life,
Inc
2
.150
08/15/30
302,151‌
175,000
Globe
Life,
Inc
4
.800
06/15/32
173,615‌
1,000,000
(a)
Globe
Life,
Inc
5
.850
09/15/34
1,033,325‌
200,000
Hanover
Insurance
Group,
Inc
4
.500
04/15/26
199,640‌
1,000,000
Hanover
Insurance
Group,
Inc
2
.500
09/01/30
876,635‌
750,000
Hartford
Financial
Services
Group,
Inc
2
.800
08/19/29
699,343‌
400,000
Hartford
Financial
Services
Group,
Inc
4
.300
04/15/43
357,588‌
450,000
Hartford
Financial
Services
Group,
Inc
4
.400
03/15/48
401,627‌
450,000
Hartford
Financial
Services
Group,
Inc
3
.600
08/19/49
351,278‌
475,000
Hartford
Financial
Services
Group,
Inc
2
.900
09/15/51
320,782‌
500,000
Horace
Mann
Educators
Corp
7
.250
09/15/28
543,091‌
500,000
Kemper
Corp
2
.400
09/30/30
433,429‌
1,000,000
Kemper
Corp
3
.800
02/23/32
909,006‌
600,000
(a)
Lincoln
National
Corp
3
.625
12/12/26
592,129‌
650,000
(a)
Lincoln
National
Corp
3
.050
01/15/30
602,974‌
1,000,000
Lincoln
National
Corp
3
.400
03/01/32
909,831‌
1,000,000
Lincoln
National
Corp
5
.852
03/15/34
1,052,832‌
150,000
Lincoln
National
Corp
7
.000
06/15/40
172,200‌
250,000
Lincoln
National
Corp
4
.350
03/01/48
204,835‌
500,000
Lincoln
National
Corp
4
.375
06/15/50
408,843‌
800,000
Loews
Corp
3
.750
04/01/26
795,457‌
400,000
Loews
Corp
3
.200
05/15/30
376,843‌
200,000
Loews
Corp
4
.125
05/15/43
177,116‌
700,000
Manulife
Financial
Corp
4
.150
03/04/26
698,365‌
1,300,000
Manulife
Financial
Corp
4
.061
02/24/32
1,280,824‌
1,000,000
(a)
Manulife
Financial
Corp
3
.703
03/16/32
954,117‌
200,000
Manulife
Financial
Corp
5
.375
03/04/46
206,966‌
200,000
Markel
Group,
Inc
3
.350
09/17/29
189,783‌
150,000
Markel
Group,
Inc
5
.000
04/05/46
139,627‌
100,000
Markel
Group,
Inc
4
.300
11/01/47
84,357‌
750,000
Markel
Group,
Inc
5
.000
05/20/49
701,436‌
200,000
Markel
Group,
Inc
4
.150
09/17/50
163,305‌
1,500,000
Markel
Group,
Inc
3
.450
05/07/52
1,063,296‌
1,000,000
Markel
Group,
Inc
6
.000
05/16/54
1,063,276‌
1,700,000
Marsh
&
McLennan
Cos,
Inc
4
.375
03/15/29
1,717,549‌
Bond
Index
70
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
INSURANCE
-
0.8%
(continued)
$
450,000
Marsh
&
McLennan
Cos,
Inc
2
.250
%
11/15/30
$
402,635‌
600,000
Marsh
&
McLennan
Cos,
Inc
2
.375
12/15/31
525,079‌
1,000,000
Marsh
&
McLennan
Cos,
Inc
5
.750
11/01/32
1,085,485‌
1,000,000
Marsh
&
McLennan
Cos,
Inc
5
.400
09/15/33
1,063,250‌
1,000,000
Marsh
&
McLennan
Cos,
Inc
5
.150
03/15/34
1,046,857‌
250,000
Marsh
&
McLennan
Cos,
Inc
4
.750
03/15/39
246,134‌
100,000
Marsh
&
McLennan
Cos,
Inc
4
.350
01/30/47
88,974‌
300,000
Marsh
&
McLennan
Cos,
Inc
4
.200
03/01/48
260,958‌
1,200,000
Marsh
&
McLennan
Cos,
Inc
4
.900
03/15/49
1,149,508‌
1,000,000
Marsh
&
McLennan
Cos,
Inc
2
.900
12/15/51
672,823‌
250,000
Marsh
&
McLennan
Cos,
Inc
6
.250
11/01/52
291,207‌
1,000,000
Marsh
&
McLennan
Cos,
Inc
5
.450
03/15/53
1,039,815‌
1,000,000
Marsh
&
McLennan
Cos,
Inc
5
.700
09/15/53
1,074,903‌
1,000,000
Marsh
&
McLennan
Cos,
Inc
5
.450
03/15/54
1,037,156‌
200,000
Mercury
General
Corp
4
.400
03/15/27
197,919‌
1,530,000
Metlife,
Inc
5
.700
06/15/35
1,665,775‌
700,000
MetLife,
Inc
3
.600
11/13/25
694,904‌
1,000,000
MetLife,
Inc
4
.550
03/23/30
1,022,778‌
1,500,000
MetLife,
Inc
5
.375
07/15/33
1,596,010‌
675,000
MetLife,
Inc
6
.375
06/15/34
765,634‌
1,500,000
MetLife,
Inc
5
.300
12/15/34
1,575,718‌
130,000
MetLife,
Inc
5
.875
02/06/41
141,743‌
450,000
MetLife,
Inc
4
.125
08/13/42
401,833‌
750,000
MetLife,
Inc
4
.875
11/13/43
737,355‌
500,000
MetLife,
Inc
4
.721
12/15/44
474,152‌
800,000
MetLife,
Inc
4
.050
03/01/45
697,660‌
1,650,000
MetLife,
Inc
4
.600
05/13/46
1,560,481‌
1,200,000
MetLife,
Inc
5
.000
07/15/52
1,187,789‌
1,000,000
MetLife,
Inc
5
.250
01/15/54
1,029,923‌
20,000
Nationwide
Financial
Services,
Inc
6
.750
05/15/37
20,455‌
100,000
Old
Republic
International
Corp
3
.875
08/26/26
98,985‌
1,000,000
Old
Republic
International
Corp
5
.750
03/28/34
1,048,931‌
1,500,000
Old
Republic
International
Corp
3
.850
06/11/51
1,136,795‌
500,000
PartnerRe
Finance
B
LLC
3
.700
07/02/29
484,939‌
500,000
PartnerRe
Finance
B
LLC
4
.500
10/01/50
462,440‌
1,000,000
Primerica,
Inc
2
.800
11/19/31
877,916‌
850,000
Principal
Financial
Group,
Inc
3
.100
11/15/26
830,713‌
100,000
Principal
Financial
Group,
Inc
3
.700
05/15/29
97,619‌
1,000,000
Principal
Financial
Group,
Inc
2
.125
06/15/30
883,495‌
750,000
Principal
Financial
Group,
Inc
5
.375
03/15/33
782,213‌
100,000
Principal
Financial
Group,
Inc
4
.625
09/15/42
93,649‌
200,000
Principal
Financial
Group,
Inc
4
.350
05/15/43
181,054‌
300,000
Principal
Financial
Group,
Inc
4
.300
11/15/46
266,172‌
750,000
Principal
Financial
Group,
Inc
5
.500
03/15/53
771,554‌
650,000
Progressive
Corp
2
.450
01/15/27
628,201‌
750,000
Progressive
Corp
2
.500
03/15/27
723,108‌
250,000
Progressive
Corp
4
.000
03/01/29
249,363‌
100,000
Progressive
Corp
3
.200
03/26/30
95,221‌
125,000
Progressive
Corp
3
.000
03/15/32
114,617‌
120,000
Progressive
Corp
6
.250
12/01/32
134,959‌
1,000,000
Progressive
Corp
4
.950
06/15/33
1,037,430‌
300,000
Progressive
Corp
4
.350
04/25/44
275,062‌
300,000
Progressive
Corp
3
.700
01/26/45
247,958‌
950,000
Progressive
Corp
4
.125
04/15/47
837,993‌
750,000
Progressive
Corp
4
.200
03/15/48
665,343‌
100,000
Progressive
Corp
3
.950
03/26/50
84,670‌
500,000
Progressive
Corp
3
.700
03/15/52
402,305‌
200,000
Prudential
Financial,
Inc
1
.500
03/10/26
192,908‌
195,000
Prudential
Financial,
Inc
3
.878
03/27/28
193,278‌
500,000
Prudential
Financial,
Inc
2
.100
03/10/30
451,112‌
450,000
Prudential
Financial,
Inc
5
.700
12/14/36
490,714‌
500,000
Prudential
Financial,
Inc
3
.000
03/10/40
395,738‌
71
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
INSURANCE
-
0.8%
(continued)
$
1,700,000
Prudential
Financial,
Inc
4
.600
%
05/15/44
$
1,606,741‌
200,000
Prudential
Financial,
Inc
5
.375
05/15/45
199,133‌
2,300,000
(a)
Prudential
Financial,
Inc
4
.500
09/15/47
2,269,084‌
300,000
Prudential
Financial,
Inc
4
.418
03/27/48
267,000‌
2,400,000
Prudential
Financial,
Inc
5
.700
09/15/48
2,429,854‌
799,000
Prudential
Financial,
Inc
3
.935
12/07/49
660,786‌
450,000
Prudential
Financial,
Inc
4
.350
02/25/50
399,675‌
1,000,000
Prudential
Financial,
Inc
3
.700
03/13/51
791,388‌
675,000
Prudential
Financial,
Inc
5
.125
03/01/52
669,821‌
1,000,000
Prudential
Financial,
Inc
6
.000
09/01/52
1,036,217‌
1,500,000
Prudential
Financial,
Inc
6
.750
03/01/53
1,628,151‌
525,000
Prudential
Financial,
Inc
6
.500
03/15/54
561,096‌
200,000
Prudential
Funding
Asia
plc
3
.125
04/14/30
188,369‌
1,000,000
Prudential
Funding
Asia
plc
3
.625
03/24/32
938,471‌
750,000
Reinsurance
Group
of
America,
Inc
3
.900
05/15/29
732,031‌
350,000
Reinsurance
Group
of
America,
Inc
3
.150
06/15/30
325,770‌
1,000,000
Reinsurance
Group
of
America,
Inc
6
.000
09/15/33
1,071,683‌
1,000,000
Reinsurance
Group
of
America,
Inc
5
.750
09/15/34
1,053,411‌
200,000
RenaissanceRe
Finance,
Inc
3
.450
07/01/27
195,975‌
300,000
RenaissanceRe
Holdings
Ltd
3
.600
04/15/29
291,228‌
1,000,000
RenaissanceRe
Holdings
Ltd
5
.750
06/05/33
1,049,597‌
1,000,000
SiriusPoint
Ltd
7
.000
04/05/29
1,049,349‌
1,000,000
Stewart
Information
Services
Corp
3
.600
11/15/31
877,980‌
20,000
Transatlantic
Holdings,
Inc
8
.000
11/30/39
26,280‌
600,000
Travelers
Cos,
Inc
5
.350
11/01/40
628,490‌
200,000
Travelers
Cos,
Inc
4
.600
08/01/43
190,816‌
250,000
Travelers
Cos,
Inc
4
.300
08/25/45
226,171‌
1,100,000
Travelers
Cos,
Inc
4
.000
05/30/47
952,262‌
500,000
Travelers
Cos,
Inc
4
.050
03/07/48
431,691‌
900,000
Travelers
Cos,
Inc
4
.100
03/04/49
782,053‌
2,000,000
Travelers
Cos,
Inc
3
.050
06/08/51
1,443,809‌
1,000,000
Travelers
Cos,
Inc
5
.450
05/25/53
1,068,222‌
100,000
Travelers
Property
Casualty
Corp
6
.375
03/15/33
113,414‌
200,000
Trinity
Acquisition
plc
4
.400
03/15/26
199,491‌
1,000,000
UnitedHealth
Group,
Inc
4
.800
01/15/30
1,030,317‌
1,500,000
UnitedHealth
Group,
Inc
5
.500
07/15/44
1,587,432‌
1,500,000
UnitedHealth
Group,
Inc
5
.625
07/15/54
1,609,202‌
900,000
UnitedHealth
Group,
Inc
5
.750
07/15/64
971,556‌
500,000
Unum
Group
4
.000
06/15/29
490,027‌
300,000
Unum
Group
5
.750
08/15/42
306,365‌
500,000
Unum
Group
4
.500
12/15/49
425,489‌
1,000,000
Unum
Group
4
.125
06/15/51
788,607‌
1,000,000
Unum
Group
6
.000
06/15/54
1,041,595‌
525,000
Verisk
Analytics,
Inc
5
.250
06/05/34
542,267‌
2,500,000
Voya
Financial,
Inc
5
.000
09/20/34
2,486,045‌
200,000
Voya
Financial,
Inc
4
.800
06/15/46
181,476‌
200,000
W
R
Berkley
Corp
4
.750
08/01/44
186,801‌
650,000
W
R
Berkley
Corp
4
.000
05/12/50
532,949‌
1,000,000
W
R
Berkley
Corp
3
.550
03/30/52
747,752‌
400,000
W
R
Berkley
Corp
3
.150
09/30/61
259,330‌
1,000,000
Willis
North
America,
Inc
4
.650
06/15/27
1,007,944‌
500,000
Willis
North
America,
Inc
4
.500
09/15/28
499,756‌
900,000
Willis
North
America,
Inc
2
.950
09/15/29
835,020‌
1,000,000
Willis
North
America,
Inc
5
.350
05/15/33
1,029,384‌
300,000
Willis
North
America,
Inc
5
.050
09/15/48
280,772‌
500,000
Willis
North
America,
Inc
3
.875
09/15/49
392,581‌
1,500,000
Willis
North
America,
Inc
5
.900
03/05/54
1,573,768‌
200,000
XL
Group
Ltd
5
.250
12/15/43
197,694‌
TOTAL
INSURANCE
201,376,958‌
MATERIALS
-
0.7%
500,000
Air
Products
and
Chemicals,
Inc
1
.850
05/15/27
474,967‌
750,000
Air
Products
and
Chemicals,
Inc
4
.600
02/08/29
768,139‌
Bond
Index
72
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MATERIALS
-
0.7%
(continued)
$
2,125,000
Air
Products
and
Chemicals,
Inc
2
.050
%
05/15/30
$
1,909,103‌
750,000
Air
Products
and
Chemicals,
Inc
4
.750
02/08/31
776,152‌
1,000,000
Air
Products
and
Chemicals,
Inc
4
.800
03/03/33
1,032,974‌
750,000
Air
Products
and
Chemicals,
Inc
4
.850
02/08/34
773,383‌
125,000
Air
Products
and
Chemicals,
Inc
2
.700
05/15/40
95,877‌
1,250,000
Air
Products
and
Chemicals,
Inc
2
.800
05/15/50
864,361‌
750,000
Albemarle
Corp
4
.650
06/01/27
753,304‌
1,000,000
(a)
Albemarle
Corp
5
.650
06/01/52
936,788‌
400,000
Amcor
Finance
USA,
Inc
4
.500
05/15/28
399,459‌
1,000,000
Amcor
Finance
USA,
Inc
5
.625
05/26/33
1,052,675‌
200,000
Amcor
Flexibles
North
America,
Inc
2
.630
06/19/30
179,879‌
2,000,000
Amcor
Flexibles
North
America,
Inc
2
.690
05/25/31
1,766,413‌
1,000,000
Amcor
Group
Finance
plc
5
.450
05/23/29
1,036,208‌
1,000,000
AngloGold
Ashanti
Holdings
plc
3
.375
11/01/28
942,075‌
375,000
AngloGold
Ashanti
Holdings
plc
3
.750
10/01/30
346,707‌
1,000,000
AptarGroup,
Inc
3
.600
03/15/32
911,653‌
1,500,000
ArcelorMittal
S.A.
6
.550
11/29/27
1,592,125‌
2,000,000
(a)
ArcelorMittal
S.A.
6
.800
11/29/32
2,231,024‌
1,000,000
ArcelorMittal
S.A.
6
.000
06/17/34
1,061,229‌
1,000,000
(a)
ArcelorMittal
S.A.
6
.350
06/17/54
1,043,742‌
300,000
Avery
Dennison
Corp
4
.875
12/06/28
305,560‌
500,000
Avery
Dennison
Corp
2
.650
04/30/30
456,236‌
1,000,000
Avery
Dennison
Corp
2
.250
02/15/32
848,396‌
1,000,000
Avery
Dennison
Corp
5
.750
03/15/33
1,070,678‌
1,500,000
Barrick
North
America
Finance
LLC
5
.750
05/01/43
1,594,023‌
100,000
Barrick
PD
Australia
Finance
Pty
Ltd
5
.950
10/15/39
107,719‌
625,000
Berry
Global,
Inc
1
.650
01/15/27
586,734‌
1,000,000
Berry
Global,
Inc
5
.500
04/15/28
1,024,683‌
1,000,000
(c)
Berry
Global,
Inc
5
.800
06/15/31
1,040,510‌
1,500,000
(c)
Berry
Global,
Inc
5
.650
01/15/34
1,539,937‌
1,500,000
BHP
Billiton
Finance
USA
Ltd
4
.750
02/28/28
1,530,912‌
1,500,000
BHP
Billiton
Finance
USA
Ltd
5
.100
09/08/28
1,551,257‌
1,000,000
BHP
Billiton
Finance
USA
Ltd
5
.250
09/08/30
1,054,409‌
1,500,000
BHP
Billiton
Finance
USA
Ltd
4
.900
02/28/33
1,539,320‌
1,500,000
BHP
Billiton
Finance
USA
Ltd
5
.250
09/08/33
1,571,996‌
825,000
BHP
Billiton
Finance
USA
Ltd
4
.125
02/24/42
747,128‌
1,925,000
BHP
Billiton
Finance
USA
Ltd
5
.000
09/30/43
1,930,713‌
575,000
BHP
Billiton
Finance
USA
Ltd
5
.500
09/08/53
613,191‌
500,000
Cabot
Corp
4
.000
07/01/29
495,786‌
1,000,000
Cabot
Corp
5
.000
06/30/32
1,013,755‌
1,000,000
Celanese
US
Holdings
LLC
1
.400
08/05/26
943,618‌
1,000,000
Celanese
US
Holdings
LLC
6
.165
07/15/27
1,036,206‌
1,000,000
Celanese
US
Holdings
LLC
6
.350
11/15/28
1,055,828‌
1,000,000
Celanese
US
Holdings
LLC
6
.330
07/15/29
1,060,426‌
1,000,000
Celanese
US
Holdings
LLC
6
.550
11/15/30
1,077,888‌
1,000,000
Celanese
US
Holdings
LLC
6
.379
07/15/32
1,069,118‌
1,000,000
(a)
Celanese
US
Holdings
LLC
6
.700
11/15/33
1,094,066‌
375,000
Celulosa
Arauco
y
Constitucion
S.A.
3
.875
11/02/27
364,385‌
200,000
(a)
Celulosa
Arauco
y
Constitucion
S.A.
5
.500
11/02/47
192,940‌
1,000,000
CRH
America
Finance,
Inc
5
.400
05/21/34
1,042,642‌
1,000,000
CRH
SMW
Finance
DAC
5
.200
05/21/29
1,034,623‌
300,000
Dow
Chemical
Co
4
.800
11/30/28
306,167‌
81,000
Dow
Chemical
Co
7
.375
11/01/29
92,159‌
1,000,000
(a)
Dow
Chemical
Co
2
.100
11/15/30
887,943‌
1,000,000
(a)
Dow
Chemical
Co
6
.300
03/15/33
1,102,947‌
2,000,000
Dow
Chemical
Co
5
.150
02/15/34
2,054,905‌
982,000
Dow
Chemical
Co
4
.250
10/01/34
951,035‌
131,000
Dow
Chemical
Co
9
.400
05/15/39
182,577‌
275,000
Dow
Chemical
Co
5
.250
11/15/41
272,102‌
1,200,000
Dow
Chemical
Co
4
.375
11/15/42
1,057,883‌
400,000
Dow
Chemical
Co
4
.625
10/01/44
361,566‌
825,000
Dow
Chemical
Co
5
.550
11/30/48
833,976‌
73
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MATERIALS
-
0.7%
(continued)
$
750,000
Dow
Chemical
Co
4
.800
%
05/15/49
$
684,390‌
1,000,000
Dow
Chemical
Co
3
.600
11/15/50
753,401‌
500,000
(a)
Dow
Chemical
Co
6
.900
05/15/53
599,528‌
2,000,000
Dow
Chemical
Co
5
.600
02/15/54
2,065,702‌
1,600,000
DowDuPont,
Inc
4
.493
11/15/25
1,597,174‌
2,325,000
(a)
DowDuPont,
Inc
5
.419
11/15/48
2,571,435‌
2,300,000
DuPont
de
Nemours,
Inc
4
.725
11/15/28
2,343,912‌
91,000
DuPont
de
Nemours,
Inc
5
.319
11/15/38
99,095‌
1,500,000
Eagle
Materials,
Inc
2
.500
07/01/31
1,325,699‌
700,000
Eastman
Chemical
Co
4
.500
12/01/28
703,728‌
1,000,000
Eastman
Chemical
Co
5
.000
08/01/29
1,023,761‌
1,650,000
Eastman
Chemical
Co
5
.750
03/08/33
1,743,980‌
1,000,000
Eastman
Chemical
Co
5
.625
02/20/34
1,044,122‌
150,000
Eastman
Chemical
Co
4
.800
09/01/42
139,595‌
525,000
Eastman
Chemical
Co
4
.650
10/15/44
475,549‌
750,000
Ecolab,
Inc
2
.700
11/01/26
730,860‌
1,000,000
Ecolab,
Inc
1
.650
02/01/27
950,543‌
300,000
Ecolab,
Inc
3
.250
12/01/27
293,573‌
1,000,000
Ecolab,
Inc
5
.250
01/15/28
1,040,392‌
1,000,000
Ecolab,
Inc
1
.300
01/30/31
839,870‌
1,000,000
Ecolab,
Inc
2
.125
02/01/32
868,955‌
150,000
Ecolab,
Inc
2
.125
08/15/50
89,871‌
1,000,000
Ecolab,
Inc
2
.700
12/15/51
672,049‌
1,370,000
Ecolab,
Inc
2
.750
08/18/55
912,444‌
175,000
EIDP,
Inc
2
.300
07/15/30
158,093‌
1,250,000
EIDP,
Inc
4
.800
05/15/33
1,267,591‌
500,000
FMC
Corp
3
.200
10/01/26
488,087‌
500,000
FMC
Corp
3
.450
10/01/29
468,470‌
1,000,000
(a)
FMC
Corp
5
.650
05/18/33
1,034,237‌
500,000
FMC
Corp
4
.500
10/01/49
412,970‌
500,000
FMC
Corp
6
.375
05/18/53
535,529‌
1,000,000
Freeport-McMoRan,
Inc
4
.125
03/01/28
992,456‌
1,500,000
Freeport-McMoRan,
Inc
4
.375
08/01/28
1,486,863‌
1,000,000
Freeport-McMoRan,
Inc
5
.250
09/01/29
1,013,314‌
1,000,000
Freeport-McMoRan,
Inc
4
.250
03/01/30
978,182‌
1,000,000
Freeport-McMoRan,
Inc
4
.625
08/01/30
998,805‌
750,000
Georgia-Pacific
LLC
7
.750
11/15/29
871,733‌
600,000
Huntsman
International
LLC
4
.500
05/01/29
589,016‌
1,000,000
Huntsman
International
LLC
2
.950
06/15/31
864,202‌
1,000,000
Huntsman
International
LLC
5
.700
10/15/34
991,788‌
100,000
International
Flavors
&
Fragrances,
Inc
4
.450
09/26/28
100,385‌
200,000
International
Flavors
&
Fragrances,
Inc
4
.375
06/01/47
168,099‌
675,000
International
Flavors
&
Fragrances,
Inc
5
.000
09/26/48
621,409‌
450,000
International
Paper
Co
6
.000
11/15/41
490,182‌
390,000
International
Paper
Co
4
.800
06/15/44
368,479‌
2,425,000
International
Paper
Co
4
.350
08/15/48
2,114,516‌
1,000,000
Kinross
Gold
Corp
4
.500
07/15/27
1,003,139‌
1,000,000
Kinross
Gold
Corp
6
.250
07/15/33
1,084,786‌
725,000
Linde,
Inc
1
.100
08/10/30
616,789‌
625,000
Linde,
Inc
3
.550
11/07/42
530,184‌
225,000
Linde,
Inc
2
.000
08/10/50
131,686‌
150,000
Lubrizol
Corp
6
.500
10/01/34
175,509‌
575,000
LYB
International
Finance
BV
5
.250
07/15/43
559,863‌
550,000
LYB
International
Finance
BV
4
.875
03/15/44
510,958‌
491,000
LYB
International
Finance
III
LLC
1
.250
10/01/25
474,670‌
150,000
(a)
LYB
International
Finance
III
LLC
2
.250
10/01/30
132,818‌
1,000,000
LYB
International
Finance
III
LLC
5
.625
05/15/33
1,062,009‌
1,000,000
LYB
International
Finance
III
LLC
5
.500
03/01/34
1,040,101‌
1,150,000
LYB
International
Finance
III
LLC
3
.375
10/01/40
907,009‌
1,000,000
LYB
International
Finance
III
LLC
4
.200
10/15/49
819,940‌
750,000
LYB
International
Finance
III
LLC
4
.200
05/01/50
615,868‌
1,000,000
LYB
International
Finance
III
LLC
3
.625
04/01/51
745,284‌
Bond
Index
74
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MATERIALS
-
0.7%
(continued)
$
500,000
LYB
International
Finance
III
LLC
3
.800
%
10/01/60
$
368,407‌
475,000
(a)
LyondellBasell
Industries
NV
4
.625
02/26/55
413,975‌
200,000
Martin
Marietta
Materials,
Inc
3
.450
06/01/27
196,238‌
325,000
Martin
Marietta
Materials,
Inc
3
.500
12/15/27
318,349‌
250,000
Martin
Marietta
Materials,
Inc
2
.500
03/15/30
228,108‌
1,000,000
Martin
Marietta
Materials,
Inc
2
.400
07/15/31
872,744‌
450,000
Martin
Marietta
Materials,
Inc
4
.250
12/15/47
389,847‌
1,000,000
Martin
Marietta
Materials,
Inc
3
.200
07/15/51
717,718‌
800,000
Mosaic
Co
4
.050
11/15/27
792,307‌
750,000
Mosaic
Co
5
.375
11/15/28
776,877‌
300,000
Mosaic
Co
5
.450
11/15/33
309,959‌
100,000
Mosaic
Co
4
.875
11/15/41
92,946‌
600,000
Mosaic
Co
5
.625
11/15/43
606,372‌
1,300,000
Newmont
Corp
2
.800
10/01/29
1,219,055‌
250,000
Newmont
Corp
2
.250
10/01/30
223,962‌
1,350,000
(a)
Newmont
Corp
2
.600
07/15/32
1,196,937‌
3,000,000
Newmont
Corp
5
.350
03/15/34
3,143,903‌
298,000
Newmont
Corp
5
.875
04/01/35
325,490‌
235,000
Newmont
Corp
6
.250
10/01/39
266,508‌
975,000
Newmont
Corp
4
.875
03/15/42
963,688‌
300,000
Newmont
Corp
5
.450
06/09/44
309,587‌
500,000
Nucor
Corp
4
.300
05/23/27
503,577‌
425,000
Nucor
Corp
3
.950
05/01/28
422,920‌
3,150,000
Nucor
Corp
2
.700
06/01/30
2,911,237‌
500,000
Nucor
Corp
3
.125
04/01/32
457,733‌
1,000,000
Nucor
Corp
2
.979
12/15/55
654,717‌
200,000
Nutrien
Ltd
3
.000
04/01/25
198,403‌
700,000
Nutrien
Ltd
4
.000
12/15/26
694,799‌
1,000,000
Nutrien
Ltd
4
.900
03/27/28
1,019,757‌
550,000
Nutrien
Ltd
4
.200
04/01/29
548,123‌
500,000
Nutrien
Ltd
2
.950
05/13/30
465,030‌
2,000,000
Nutrien
Ltd
5
.400
06/21/34
2,070,119‌
200,000
Nutrien
Ltd
4
.125
03/15/35
186,511‌
200,000
Nutrien
Ltd
5
.625
12/01/40
205,318‌
200,000
Nutrien
Ltd
4
.900
06/01/43
188,455‌
691,000
Nutrien
Ltd
5
.250
01/15/45
677,818‌
1,050,000
Nutrien
Ltd
5
.000
04/01/49
993,484‌
300,000
Nutrien
Ltd
3
.950
05/13/50
241,261‌
750,000
Nutrien
Ltd
5
.800
03/27/53
795,432‌
1,000,000
Owens
Corning
5
.950
06/15/54
1,061,332‌
550,000
Packaging
Corp
of
America
3
.400
12/15/27
536,372‌
100,000
Packaging
Corp
of
America
3
.000
12/15/29
94,304‌
500,000
Packaging
Corp
of
America
5
.700
12/01/33
531,912‌
500,000
Packaging
Corp
of
America
4
.050
12/15/49
415,763‌
1,500,000
Packaging
Corp
of
America
3
.050
10/01/51
1,050,612‌
250,000
PPG
Industries,
Inc
1
.200
03/15/26
238,819‌
425,000
PPG
Industries,
Inc
3
.750
03/15/28
418,485‌
500,000
PPG
Industries,
Inc
2
.550
06/15/30
455,994‌
1,000,000
Praxair,
Inc
3
.200
01/30/26
988,738‌
500,000
Reliance
Steel
&
Aluminum
Co
1
.300
08/15/25
485,156‌
500,000
Reliance
Steel
&
Aluminum
Co
2
.150
08/15/30
439,531‌
414,000
Rio
Tinto
Alcan,
Inc
6
.125
12/15/33
462,077‌
350,000
Rio
Tinto
Finance
USA
Ltd
5
.200
11/02/40
362,324‌
2,000,000
Rio
Tinto
Finance
USA
Ltd
2
.750
11/02/51
1,354,341‌
1,500,000
Rio
Tinto
Finance
USA
plc
5
.000
03/09/33
1,570,764‌
1,400,000
Rio
Tinto
Finance
USA
plc
4
.125
08/21/42
1,259,878‌
1,000,000
Rio
Tinto
Finance
USA
plc
5
.125
03/09/53
1,016,698‌
100,000
RPM
International,
Inc
3
.750
03/15/27
98,474‌
300,000
RPM
International,
Inc
4
.550
03/01/29
300,477‌
1,000,000
RPM
International,
Inc
2
.950
01/15/32
886,257‌
100,000
RPM
International,
Inc
5
.250
06/01/45
97,590‌
200,000
RPM
International,
Inc
4
.250
01/15/48
175,431‌
75
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MATERIALS
-
0.7%
(continued)
$
200,000
Sherwin-Williams
Co
3
.950
%
01/15/26
$
198,677‌
925,000
Sherwin-Williams
Co
3
.450
06/01/27
909,625‌
1,000,000
Sherwin-Williams
Co
4
.550
03/01/28
1,013,270‌
500,000
Sherwin-Williams
Co
2
.950
08/15/29
470,310‌
500,000
Sherwin-Williams
Co
2
.300
05/15/30
449,837‌
1,500,000
Sherwin-Williams
Co
4
.800
09/01/31
1,529,877‌
950,000
(a)
Sherwin-Williams
Co
2
.200
03/15/32
819,940‌
200,000
Sherwin-Williams
Co
4
.000
12/15/42
170,544‌
900,000
Sherwin-Williams
Co
4
.500
06/01/47
821,110‌
900,000
Sherwin-Williams
Co
3
.800
08/15/49
724,538‌
500,000
Sherwin-Williams
Co
3
.300
05/15/50
367,832‌
1,000,000
(a)
Sherwin-Williams
Co
2
.900
03/15/52
672,118‌
225,000
(c)
Smurfit
Kappa
Treasury
ULC
5
.438
04/03/34
234,496‌
300,000
(c)
Smurfit
Kappa
Treasury
ULC
5
.777
04/03/54
321,160‌
650,000
Sonoco
Products
Co
2
.250
02/01/27
619,601‌
1,000,000
Sonoco
Products
Co
4
.600
09/01/29
994,935‌
750,000
Sonoco
Products
Co
3
.125
05/01/30
698,668‌
1,000,000
(a)
Sonoco
Products
Co
2
.850
02/01/32
874,015‌
1,000,000
Sonoco
Products
Co
5
.000
09/01/34
986,047‌
800,000
Southern
Copper
Corp
3
.875
04/23/25
793,935‌
100,000
Southern
Copper
Corp
7
.500
07/27/35
118,966‌
1,180,000
Southern
Copper
Corp
6
.750
04/16/40
1,348,686‌
2,000,000
Southern
Copper
Corp
5
.875
04/23/45
2,098,540‌
100,000
Steel
Dynamics,
Inc
2
.400
06/15/25
98,381‌
1,000,000
Steel
Dynamics,
Inc
1
.650
10/15/27
924,821‌
750,000
Steel
Dynamics,
Inc
3
.450
04/15/30
710,743‌
100,000
Steel
Dynamics,
Inc
3
.250
01/15/31
92,398‌
1,000,000
Steel
Dynamics,
Inc
5
.375
08/15/34
1,032,072‌
500,000
Steel
Dynamics,
Inc
3
.250
10/15/50
351,576‌
700,000
(a)
Suzano
Austria
GmbH
2
.500
09/15/28
640,691‌
1,900,000
Suzano
Austria
GmbH
6
.000
01/15/29
1,967,457‌
1,000,000
Suzano
Austria
GmbH
3
.750
01/15/31
921,509‌
1,500,000
Suzano
Austria
GmbH
3
.125
01/15/32
1,303,536‌
700,000
Suzano
International
Finance
BV
5
.500
01/17/27
712,879‌
2,000,000
Vale
Overseas
Ltd
3
.750
07/08/30
1,907,318‌
4,500,000
Vale
Overseas
Ltd
6
.125
06/12/33
4,765,617‌
2,000,000
Vale
Overseas
Ltd
6
.400
06/28/54
2,106,854‌
750,000
Vulcan
Materials
Co
4
.500
04/01/25
747,960‌
100,000
Vulcan
Materials
Co
3
.900
04/01/27
99,708‌
275,000
Vulcan
Materials
Co
3
.500
06/01/30
263,036‌
475,000
Vulcan
Materials
Co
4
.500
06/15/47
426,922‌
200,000
Vulcan
Materials
Co
4
.700
03/01/48
185,750‌
500,000
Westlake
Corp
3
.600
08/15/26
493,104‌
1,000,000
Westlake
Corp
3
.375
06/15/30
944,997‌
500,000
Westlake
Corp
2
.875
08/15/41
362,924‌
500,000
Westlake
Corp
5
.000
08/15/46
472,807‌
200,000
Westlake
Corp
4
.375
11/15/47
172,729‌
500,000
Westlake
Corp
3
.125
08/15/51
338,016‌
500,000
Westlake
Corp
3
.375
08/15/61
330,329‌
525,000
WRKCo,
Inc
4
.650
03/15/26
525,315‌
300,000
WRKCo,
Inc
3
.375
09/15/27
291,841‌
325,000
WRKCo,
Inc
4
.000
03/15/28
321,020‌
240,000
WRKCo,
Inc
3
.900
06/01/28
235,542‌
950,000
WRKCo,
Inc
4
.900
03/15/29
967,375‌
685,000
WRKCo,
Inc
4
.200
06/01/32
667,766‌
1,400,000
WRKCo,
Inc
3
.000
06/15/33
1,229,536‌
750,000
Yamana
Gold,
Inc
2
.630
08/15/31
649,308‌
TOTAL
MATERIALS
196,408,391‌
MEDIA
&
ENTERTAINMENT
-
0.9%
1,250,000
Alphabet,
Inc
1
.998
08/15/26
1,211,661‌
1,000,000
Alphabet,
Inc
0
.800
08/15/27
926,242‌
850,000
Alphabet,
Inc
1
.100
08/15/30
731,870‌
Bond
Index
76
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MEDIA
&
ENTERTAINMENT
-
0.9%
(continued)
$
1,000,000
Alphabet,
Inc
1
.900
%
08/15/40
$
714,126‌
2,800,000
Alphabet,
Inc
2
.050
08/15/50
1,743,585‌
1,100,000
(a)
Alphabet,
Inc
2
.250
08/15/60
678,755‌
1,000,000
(a)
Baidu,
Inc
1
.720
04/09/26
961,400‌
500,000
Baidu,
Inc
4
.375
03/29/28
501,526‌
500,000
Baidu,
Inc
4
.875
11/14/28
510,805‌
300,000
Baidu,
Inc
3
.425
04/07/30
286,336‌
750,000
Baidu,
Inc
2
.375
10/09/30
668,737‌
1,000,000
Baidu,
Inc
2
.375
08/23/31
872,209‌
950,000
Charter
Communications
Operating
LLC
3
.750
02/15/28
911,842‌
2,750,000
Charter
Communications
Operating
LLC
4
.200
03/15/28
2,673,686‌
650,000
Charter
Communications
Operating
LLC
2
.250
01/15/29
578,731‌
1,250,000
Charter
Communications
Operating
LLC
6
.100
06/01/29
1,293,825‌
2,000,000
Charter
Communications
Operating
LLC
2
.800
04/01/31
1,711,503‌
1,500,000
Charter
Communications
Operating
LLC
2
.300
02/01/32
1,208,324‌
500,000
Charter
Communications
Operating
LLC
4
.400
04/01/33
457,435‌
2,500,000
Charter
Communications
Operating
LLC
6
.650
02/01/34
2,616,587‌
1,875,000
Charter
Communications
Operating
LLC
6
.550
06/01/34
1,950,324‌
750,000
Charter
Communications
Operating
LLC
6
.384
10/23/35
765,844‌
1,500,000
Charter
Communications
Operating
LLC
5
.375
04/01/38
1,368,468‌
1,500,000
Charter
Communications
Operating
LLC
3
.500
06/01/41
1,053,782‌
1,000,000
Charter
Communications
Operating
LLC
3
.500
03/01/42
694,880‌
1,550,000
Charter
Communications
Operating
LLC
6
.484
10/23/45
1,495,276‌
1,400,000
Charter
Communications
Operating
LLC
5
.375
05/01/47
1,175,479‌
1,375,000
Charter
Communications
Operating
LLC
5
.750
04/01/48
1,200,760‌
1,600,000
Charter
Communications
Operating
LLC
5
.125
07/01/49
1,285,745‌
2,500,000
Charter
Communications
Operating
LLC
4
.800
03/01/50
1,913,928‌
2,500,000
Charter
Communications
Operating
LLC
3
.700
04/01/51
1,595,969‌
3,000,000
Charter
Communications
Operating
LLC
3
.900
06/01/52
1,966,933‌
2,000,000
Charter
Communications
Operating
LLC
5
.250
04/01/53
1,634,302‌
2,000,000
Charter
Communications
Operating
LLC
3
.850
04/01/61
1,226,670‌
1,500,000
Charter
Communications
Operating
LLC
4
.400
12/01/61
1,020,329‌
1,000,000
Charter
Communications
Operating
LLC
3
.950
06/30/62
617,521‌
500,000
Charter
Communications
Operating
LLC
5
.500
04/01/63
407,404‌
1,950,000
Comcast
Corp
3
.150
03/01/26
1,923,048‌
1,025,000
Comcast
Corp
2
.350
01/15/27
988,164‌
1,450,000
Comcast
Corp
3
.300
02/01/27
1,427,177‌
750,000
Comcast
Corp
5
.350
11/15/27
780,145‌
900,000
Comcast
Corp
3
.150
02/15/28
874,019‌
2,675,000
Comcast
Corp
4
.150
10/15/28
2,679,168‌
1,000,000
Comcast
Corp
4
.550
01/15/29
1,017,425‌
1,500,000
Comcast
Corp
5
.100
06/01/29
1,562,160‌
5,000,000
Comcast
Corp
3
.400
04/01/30
4,796,817‌
3,300,000
Comcast
Corp
4
.250
10/15/30
3,294,386‌
1,950,000
Comcast
Corp
1
.950
01/15/31
1,693,057‌
3,850,000
Comcast
Corp
1
.500
02/15/31
3,248,410‌
2,250,000
Comcast
Corp
5
.500
11/15/32
2,408,918‌
1,925,000
Comcast
Corp
4
.250
01/15/33
1,893,439‌
2,000,000
Comcast
Corp
4
.650
02/15/33
2,028,600‌
150,000
Comcast
Corp
7
.050
03/15/33
175,355‌
2,000,000
Comcast
Corp
4
.800
05/15/33
2,039,484‌
1,500,000
(a)
Comcast
Corp
5
.300
06/01/34
1,580,212‌
200,000
Comcast
Corp
4
.200
08/15/34
193,766‌
500,000
Comcast
Corp
4
.400
08/15/35
487,366‌
36,000
Comcast
Corp
6
.500
11/15/35
41,300‌
3,475,000
Comcast
Corp
3
.200
07/15/36
2,983,011‌
3,150,000
Comcast
Corp
3
.900
03/01/38
2,843,173‌
1,000,000
Comcast
Corp
3
.250
11/01/39
817,940‌
3,800,000
Comcast
Corp
3
.750
04/01/40
3,289,582‌
1,275,000
Comcast
Corp
3
.400
07/15/46
986,643‌
631,000
Comcast
Corp
3
.969
11/01/47
527,238‌
1,500,000
Comcast
Corp
4
.000
03/01/48
1,256,882‌
77
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MEDIA
&
ENTERTAINMENT
-
0.9%
(continued)
$
1,407,000
Comcast
Corp
3
.999
%
11/01/49
$
1,175,148‌
2,525,000
Comcast
Corp
3
.450
02/01/50
1,910,452‌
425,000
Comcast
Corp
2
.800
01/15/51
281,992‌
2,237,000
Comcast
Corp
2
.887
11/01/51
1,503,193‌
1,050,000
Comcast
Corp
2
.450
08/15/52
640,460‌
3,750,000
Comcast
Corp
5
.350
05/15/53
3,835,600‌
1,000,000
Comcast
Corp
5
.650
06/01/54
1,067,930‌
2,708,000
Comcast
Corp
2
.937
11/01/56
1,769,824‌
850,000
Comcast
Corp
2
.650
08/15/62
502,969‌
6,758,000
Comcast
Corp
2
.987
11/01/63
4,286,750‌
2,000,000
Comcast
Corp
5
.500
05/15/64
2,067,965‌
350,000
Discovery
Communications
LLC
3
.450
03/15/25
346,961‌
200,000
Discovery
Communications
LLC
3
.950
06/15/25
198,240‌
500,000
Discovery
Communications
LLC
4
.900
03/11/26
499,614‌
2,275,000
Discovery
Communications
LLC
3
.950
03/20/28
2,166,911‌
1,000,000
Discovery
Communications
LLC
4
.125
05/15/29
945,343‌
250,000
Discovery
Communications
LLC
3
.625
05/15/30
225,239‌
1,000,000
Electronic
Arts,
Inc
1
.850
02/15/31
858,570‌
1,000,000
Electronic
Arts,
Inc
2
.950
02/15/51
690,202‌
2,250,000
Fox
Corp
4
.709
01/25/29
2,278,705‌
500,000
Fox
Corp
3
.500
04/08/30
476,142‌
1,000,000
Fox
Corp
6
.500
10/13/33
1,094,229‌
1,500,000
Fox
Corp
5
.476
01/25/39
1,513,287‌
650,000
(a)
Fox
Corp
5
.576
01/25/49
640,547‌
403,000
Grupo
Televisa
SAB
6
.125
01/31/46
383,346‌
1,000,000
Inter-American
Investment
Corp
3
.625
02/17/27
997,849‌
1,000,000
Inter-American
Investment
Corp
4
.250
02/14/29
1,020,366‌
350,000
Interpublic
Group
of
Cos,
Inc
4
.650
10/01/28
353,755‌
500,000
Interpublic
Group
of
Cos,
Inc
4
.750
03/30/30
507,832‌
1,000,000
Interpublic
Group
of
Cos,
Inc
2
.400
03/01/31
874,914‌
500,000
Interpublic
Group
of
Cos,
Inc
5
.375
06/15/33
510,124‌
1,000,000
Interpublic
Group
of
Cos,
Inc
3
.375
03/01/41
777,864‌
400,000
Interpublic
Group
of
Cos,
Inc
5
.400
10/01/48
393,494‌
2,000,000
Meta
Platforms,
Inc
3
.500
08/15/27
1,983,639‌
1,500,000
Meta
Platforms,
Inc
4
.600
05/15/28
1,538,638‌
1,000,000
Meta
Platforms,
Inc
4
.800
05/15/30
1,040,217‌
2,000,000
Meta
Platforms,
Inc
3
.850
08/15/32
1,944,220‌
1,500,000
(a)
Meta
Platforms,
Inc
4
.950
05/15/33
1,574,466‌
2,000,000
Meta
Platforms,
Inc
4
.450
08/15/52
1,844,191‌
2,500,000
Meta
Platforms,
Inc
5
.600
05/15/53
2,710,483‌
2,500,000
Meta
Platforms,
Inc
5
.400
08/15/54
2,619,136‌
2,500,000
Meta
Platforms,
Inc
4
.650
08/15/62
2,327,582‌
1,000,000
Meta
Platforms,
Inc
5
.750
05/15/63
1,096,123‌
870,000
NBCUniversal
Media
LLC
4
.450
01/15/43
798,082‌
2,500,000
NetFlix,
Inc
4
.875
04/15/28
2,561,406‌
2,500,000
NetFlix,
Inc
5
.875
11/15/28
2,664,170‌
1,000,000
NetFlix,
Inc
4
.900
08/15/34
1,034,342‌
500,000
NetFlix,
Inc
5
.400
08/15/54
529,310‌
1,050,000
Omnicom
Group,
Inc
3
.600
04/15/26
1,037,634‌
750,000
Omnicom
Group,
Inc
2
.450
04/30/30
675,158‌
325,000
Omnicom
Group,
Inc
4
.200
06/01/30
322,580‌
700,000
Omnicom
Group,
Inc
2
.600
08/01/31
620,673‌
750,000
Omnicom
Group,
Inc
5
.300
11/01/34
780,417‌
341,000
Paramount
Global
2
.900
01/15/27
326,317‌
200,000
Paramount
Global
3
.375
02/15/28
188,338‌
1,300,000
Paramount
Global
3
.700
06/01/28
1,233,492‌
500,000
Paramount
Global
4
.200
06/01/29
474,695‌
500,000
Paramount
Global
7
.875
07/30/30
546,095‌
1,000,000
Paramount
Global
4
.950
01/15/31
943,237‌
1,500,000
Paramount
Global
4
.200
05/19/32
1,330,148‌
200,000
Paramount
Global
4
.850
07/01/42
159,525‌
2,179,000
Paramount
Global
4
.375
03/15/43
1,612,167‌
Bond
Index
78
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MEDIA
&
ENTERTAINMENT
-
0.9%
(continued)
$
625,000
Paramount
Global
5
.850
%
09/01/43
$
545,073‌
200,000
Paramount
Global
4
.900
08/15/44
153,709‌
800,000
Paramount
Global
4
.600
01/15/45
590,433‌
1,000,000
Paramount
Global
4
.950
05/19/50
765,722‌
2,000,000
S&P
Global,
Inc
5
.250
09/15/33
2,120,310‌
375,000
Take-Two
Interactive
Software,
Inc
3
.700
04/14/27
370,167‌
1,500,000
Take-Two
Interactive
Software,
Inc
4
.950
03/28/28
1,530,242‌
1,000,000
(a)
Take-Two
Interactive
Software,
Inc
4
.000
04/14/32
957,671‌
750,000
Tencent
Music
Entertainment
Group
2
.000
09/03/30
652,083‌
1,075,000
Time
Warner
Cable
LLC
6
.550
05/01/37
1,064,042‌
400,000
Time
Warner
Cable
LLC
7
.300
07/01/38
420,207‌
500,000
Time
Warner
Cable
LLC
6
.750
06/15/39
500,727‌
890,000
Time
Warner
Cable
LLC
5
.875
11/15/40
807,081‌
475,000
Time
Warner
Cable
LLC
5
.500
09/01/41
411,857‌
4,375,000
Time
Warner
Cable
LLC
4
.500
09/15/42
3,352,427‌
300,000
Time
Warner
Entertainment
Co
LP
8
.375
07/15/33
345,273‌
500,000
TWDC
Enterprises
18
Corp
3
.000
02/13/26
492,598‌
475,000
TWDC
Enterprises
18
Corp
1
.850
07/30/26
457,378‌
1,500,000
TWDC
Enterprises
18
Corp
2
.950
06/15/27
1,461,589‌
100,000
TWDC
Enterprises
18
Corp
4
.375
08/16/41
92,560‌
200,000
TWDC
Enterprises
18
Corp
3
.700
12/01/42
168,606‌
1,275,000
TWDC
Enterprises
18
Corp
4
.125
06/01/44
1,126,375‌
100,000
TWDC
Enterprises
18
Corp
3
.000
07/30/46
72,714‌
150,000
ViacomCBS,
Inc
6
.875
04/30/36
151,993‌
700,000
Walt
Disney
Co
3
.700
10/15/25
697,193‌
8,000,000
Walt
Disney
Co
1
.750
01/13/26
7,773,208‌
2,000,000
Walt
Disney
Co
2
.200
01/13/28
1,898,333‌
425,000
Walt
Disney
Co
2
.000
09/01/29
386,341‌
500,000
Walt
Disney
Co
3
.800
03/22/30
491,918‌
2,000,000
Walt
Disney
Co
2
.650
01/13/31
1,825,441‌
229,000
Walt
Disney
Co
6
.400
12/15/35
263,045‌
325,000
Walt
Disney
Co
6
.650
11/15/37
384,047‌
1,000,000
Walt
Disney
Co
3
.500
05/13/40
851,592‌
1,425,000
Walt
Disney
Co
6
.150
02/15/41
1,608,988‌
225,000
Walt
Disney
Co
5
.400
10/01/43
236,111‌
500,000
Walt
Disney
Co
4
.750
09/15/44
481,622‌
300,000
Walt
Disney
Co
4
.950
10/15/45
295,321‌
700,000
Walt
Disney
Co
4
.750
11/15/46
670,492‌
1,600,000
Walt
Disney
Co
2
.750
09/01/49
1,089,393‌
3,000,000
Walt
Disney
Co
4
.700
03/23/50
2,911,199‌
4,500,000
Walt
Disney
Co
3
.600
01/13/51
3,596,622‌
2,000,000
Walt
Disney
Co
3
.800
05/13/60
1,590,646‌
7,000,000
Warnermedia
Holdings,
Inc
3
.755
03/15/27
6,768,633‌
3,325,000
Warnermedia
Holdings,
Inc
4
.054
03/15/29
3,149,889‌
2,625,000
Warnermedia
Holdings,
Inc
4
.279
03/15/32
2,331,872‌
2,750,000
Warnermedia
Holdings,
Inc
5
.050
03/15/42
2,244,860‌
9,350,000
Warnermedia
Holdings,
Inc
5
.141
03/15/52
7,211,418‌
2,975,000
Warnermedia
Holdings,
Inc
5
.391
03/15/62
2,279,866‌
900,000
(a)
Weibo
Corp
3
.375
07/08/30
826,320‌
TOTAL
MEDIA
&
ENTERTAINMENT
234,257,189‌
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
-
1.3%
2,150,000
AbbVie,
Inc
3
.200
05/14/26
2,122,219‌
4,000,000
AbbVie,
Inc
2
.950
11/21/26
3,915,752‌
1,950,000
AbbVie,
Inc
4
.800
03/15/29
2,006,855‌
6,750,000
AbbVie,
Inc
3
.200
11/21/29
6,455,039‌
3,000,000
AbbVie,
Inc
4
.950
03/15/31
3,119,372‌
1,500,000
AbbVie,
Inc
5
.050
03/15/34
1,566,779‌
2,250,000
AbbVie,
Inc
4
.550
03/15/35
2,250,558‌
1,925,000
AbbVie,
Inc
4
.500
05/14/35
1,918,837‌
675,000
AbbVie,
Inc
4
.300
05/14/36
657,292‌
3,300,000
AbbVie,
Inc
4
.050
11/21/39
3,048,256‌
2,175,000
AbbVie,
Inc
4
.400
11/06/42
2,051,216‌
79
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
-
1.3%
(continued)
$
3,000,000
AbbVie,
Inc
5
.350
%
03/15/44
$
3,164,591‌
1,625,000
AbbVie,
Inc
4
.850
06/15/44
1,605,975‌
1,310,000
AbbVie,
Inc
4
.750
03/15/45
1,274,333‌
925,000
AbbVie,
Inc
4
.700
05/14/45
895,102‌
1,350,000
AbbVie,
Inc
4
.450
05/14/46
1,260,666‌
1,150,000
AbbVie,
Inc
4
.875
11/14/48
1,131,854‌
4,975,000
AbbVie,
Inc
4
.250
11/21/49
4,456,212‌
1,050,000
AbbVie,
Inc
5
.400
03/15/54
1,113,375‌
3,000,000
AbbVie,
Inc
5
.500
03/15/64
3,203,242‌
200,000
Agilent
Technologies,
Inc
3
.050
09/22/26
195,225‌
500,000
Agilent
Technologies,
Inc
2
.750
09/15/29
464,879‌
1,000,000
Agilent
Technologies,
Inc
2
.100
06/04/30
885,549‌
1,000,000
Agilent
Technologies,
Inc
2
.300
03/12/31
876,988‌
1,000,000
Agilent
Technologies,
Inc
4
.750
09/09/34
998,339‌
1,225,000
Amgen,
Inc
2
.600
08/19/26
1,191,071‌
3,250,000
Amgen,
Inc
2
.200
02/21/27
3,112,024‌
775,000
Amgen,
Inc
3
.200
11/02/27
754,929‌
5,000,000
Amgen,
Inc
5
.150
03/02/28
5,148,553‌
1,500,000
Amgen,
Inc
1
.650
08/15/28
1,365,693‌
1,000,000
Amgen,
Inc
4
.050
08/18/29
992,979‌
1,000,000
Amgen,
Inc
2
.450
02/21/30
913,333‌
4,175,000
Amgen,
Inc
5
.250
03/02/30
4,356,235‌
500,000
Amgen,
Inc
2
.300
02/25/31
442,877‌
850,000
Amgen,
Inc
3
.350
02/22/32
792,241‌
1,000,000
Amgen,
Inc
4
.200
03/01/33
971,304‌
2,300,000
Amgen,
Inc
5
.250
03/02/33
2,394,473‌
1,325,000
Amgen,
Inc
3
.150
02/21/40
1,057,390‌
1,500,000
Amgen,
Inc
2
.800
08/15/41
1,135,874‌
126,000
Amgen,
Inc
5
.150
11/15/41
126,280‌
3,900,000
Amgen,
Inc
5
.600
03/02/43
4,097,291‌
2,675,000
Amgen,
Inc
4
.400
05/01/45
2,401,121‌
2,128,000
Amgen,
Inc
4
.563
06/15/48
1,928,305‌
2,575,000
Amgen,
Inc
3
.375
02/21/50
1,961,958‌
2,447,000
Amgen,
Inc
4
.663
06/15/51
2,241,186‌
1,000,000
Amgen,
Inc
3
.000
01/15/52
706,557‌
1,000,000
Amgen,
Inc
4
.200
02/22/52
851,274‌
1,000,000
Amgen,
Inc
4
.875
03/01/53
940,283‌
2,950,000
Amgen,
Inc
5
.650
03/02/53
3,103,190‌
172,000
Amgen,
Inc
2
.770
09/01/53
111,765‌
1,000,000
Amgen,
Inc
4
.400
02/22/62
855,825‌
1,250,000
Amgen,
Inc
5
.750
03/02/63
1,319,410‌
2,000,000
AstraZeneca
Finance
LLC
1
.200
05/28/26
1,913,550‌
1,000,000
AstraZeneca
Finance
LLC
4
.875
03/03/28
1,027,576‌
2,000,000
AstraZeneca
Finance
LLC
1
.750
05/28/28
1,846,561‌
1,500,000
AstraZeneca
Finance
LLC
4
.850
02/26/29
1,546,973‌
1,000,000
AstraZeneca
Finance
LLC
4
.900
03/03/30
1,038,864‌
1,500,000
AstraZeneca
Finance
LLC
4
.900
02/26/31
1,560,709‌
1,500,000
AstraZeneca
Finance
LLC
5
.000
02/26/34
1,566,463‌
1,000,000
AstraZeneca
plc
0
.700
04/08/26
952,332‌
950,000
AstraZeneca
plc
3
.125
06/12/27
930,923‌
1,700,000
AstraZeneca
plc
4
.000
01/17/29
1,699,938‌
1,000,000
AstraZeneca
plc
1
.375
08/06/30
859,882‌
1,900,000
AstraZeneca
plc
6
.450
09/15/37
2,221,629‌
625,000
AstraZeneca
plc
4
.000
09/18/42
561,220‌
500,000
AstraZeneca
plc
4
.375
11/16/45
467,745‌
750,000
AstraZeneca
plc
4
.375
08/17/48
698,536‌
600,000
AstraZeneca
plc
2
.125
08/06/50
362,876‌
1,500,000
AstraZeneca
plc
3
.000
05/28/51
1,093,737‌
149,000
Baxalta,
Inc
5
.250
06/23/45
149,149‌
1,800,000
Biogen,
Inc
2
.250
05/01/30
1,607,507‌
1,375,000
Biogen,
Inc
3
.150
05/01/50
950,567‌
1,346,000
Biogen,
Inc
3
.250
02/15/51
946,504‌
Bond
Index
80
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
-
1.3%
(continued)
$
200,000
Bio-Rad
Laboratories,
Inc
3
.300
%
03/15/27
$
195,193‌
525,000
Bio-Rad
Laboratories,
Inc
3
.700
03/15/32
486,170‌
1,000,000
Bristol-Myers
Squibb
Co
1
.125
11/13/27
918,626‌
1,275,000
(a)
Bristol-Myers
Squibb
Co
3
.900
02/20/28
1,270,103‌
2,500,000
Bristol-Myers
Squibb
Co
4
.900
02/22/29
2,584,216‌
874,000
Bristol-Myers
Squibb
Co
3
.400
07/26/29
849,568‌
1,150,000
Bristol-Myers
Squibb
Co
1
.450
11/13/30
984,797‌
1,500,000
Bristol-Myers
Squibb
Co
5
.750
02/01/31
1,624,554‌
2,500,000
Bristol-Myers
Squibb
Co
5
.100
02/22/31
2,617,783‌
1,400,000
Bristol-Myers
Squibb
Co
2
.950
03/15/32
1,276,146‌
1,250,000
Bristol-Myers
Squibb
Co
5
.900
11/15/33
1,381,339‌
3,500,000
(a)
Bristol-Myers
Squibb
Co
5
.200
02/22/34
3,690,996‌
1,700,000
Bristol-Myers
Squibb
Co
4
.125
06/15/39
1,572,650‌
125,000
Bristol-Myers
Squibb
Co
2
.350
11/13/40
89,431‌
375,000
Bristol-Myers
Squibb
Co
3
.550
03/15/42
314,168‌
650,000
Bristol-Myers
Squibb
Co
3
.250
08/01/42
516,937‌
2,500,000
Bristol-Myers
Squibb
Co
5
.500
02/22/44
2,648,980‌
500,000
Bristol-Myers
Squibb
Co
4
.350
11/15/47
447,622‌
1,786,000
Bristol-Myers
Squibb
Co
4
.550
02/20/48
1,646,413‌
3,900,000
Bristol-Myers
Squibb
Co
4
.250
10/26/49
3,424,513‌
1,500,000
Bristol-Myers
Squibb
Co
2
.550
11/13/50
955,534‌
2,075,000
Bristol-Myers
Squibb
Co
3
.700
03/15/52
1,648,560‌
1,250,000
Bristol-Myers
Squibb
Co
6
.250
11/15/53
1,447,977‌
3,500,000
Bristol-Myers
Squibb
Co
5
.550
02/22/54
3,707,846‌
1,000,000
Bristol-Myers
Squibb
Co
3
.900
03/15/62
792,870‌
1,250,000
Bristol-Myers
Squibb
Co
6
.400
11/15/63
1,470,233‌
1,500,000
Bristol-Myers
Squibb
Co
5
.650
02/22/64
1,589,580‌
200,000
Danaher
Corp
4
.375
09/15/45
185,756‌
400,000
Danaher
Corp
2
.600
10/01/50
265,564‌
750,000
Danaher
Corp
2
.800
12/10/51
514,156‌
950,000
Eli
Lilly
&
Co
3
.100
05/15/27
933,505‌
1,500,000
Eli
Lilly
&
Co
4
.500
02/09/29
1,536,270‌
1,500,000
Eli
Lilly
&
Co
4
.200
08/14/29
1,514,368‌
850,000
Eli
Lilly
&
Co
4
.700
02/27/33
874,453‌
1,500,000
Eli
Lilly
&
Co
4
.700
02/09/34
1,533,455‌
1,200,000
Eli
Lilly
&
Co
4
.600
08/14/34
1,218,824‌
1,300,000
Eli
Lilly
&
Co
2
.250
05/15/50
818,763‌
1,550,000
Eli
Lilly
&
Co
4
.875
02/27/53
1,551,757‌
1,500,000
Eli
Lilly
&
Co
5
.000
02/09/54
1,525,004‌
2,000,000
Eli
Lilly
&
Co
5
.050
08/14/54
2,049,324‌
750,000
Eli
Lilly
&
Co
2
.500
09/15/60
456,355‌
1,425,000
Eli
Lilly
&
Co
4
.950
02/27/63
1,425,303‌
1,500,000
Eli
Lilly
&
Co
5
.100
02/09/64
1,532,395‌
1,500,000
Eli
Lilly
&
Co
5
.200
08/14/64
1,548,126‌
1,125,000
Gilead
Sciences,
Inc
3
.650
03/01/26
1,115,917‌
525,000
Gilead
Sciences,
Inc
2
.950
03/01/27
511,989‌
5,815,000
Gilead
Sciences,
Inc
1
.650
10/01/30
5,020,621‌
1,500,000
Gilead
Sciences,
Inc
5
.250
10/15/33
1,582,063‌
450,000
Gilead
Sciences,
Inc
4
.600
09/01/35
451,124‌
1,300,000
Gilead
Sciences,
Inc
4
.000
09/01/36
1,222,160‌
325,000
Gilead
Sciences,
Inc
2
.600
10/01/40
243,247‌
250,000
Gilead
Sciences,
Inc
5
.650
12/01/41
268,339‌
1,025,000
Gilead
Sciences,
Inc
4
.800
04/01/44
990,145‌
950,000
Gilead
Sciences,
Inc
4
.500
02/01/45
879,691‌
925,000
Gilead
Sciences,
Inc
4
.750
03/01/46
885,239‌
1,525,000
Gilead
Sciences,
Inc
4
.150
03/01/47
1,336,155‌
2,600,000
Gilead
Sciences,
Inc
2
.800
10/01/50
1,768,261‌
1,000,000
(a)
Gilead
Sciences,
Inc
5
.550
10/15/53
1,073,443‌
2,900,000
GlaxoSmithKline
Capital
plc
3
.375
06/01/29
2,817,107‌
925,000
GlaxoSmithKline
Capital,
Inc
3
.875
05/15/28
920,870‌
350,000
(a)
GlaxoSmithKline
Capital,
Inc
5
.375
04/15/34
377,089‌
1,243,000
GlaxoSmithKline
Capital,
Inc
6
.375
05/15/38
1,445,774‌
81
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
-
1.3%
(continued)
$
850,000
GlaxoSmithKline
Capital,
Inc
4
.200
%
03/18/43
$
777,583‌
1,000,000
Illumina,
Inc
5
.750
12/13/27
1,038,797‌
1,500,000
Illumina,
Inc
2
.550
03/23/31
1,304,069‌
1,000,000
Johnson
&
Johnson
2
.450
03/01/26
980,698‌
2,000,000
Johnson
&
Johnson
0
.950
09/01/27
1,853,869‌
1,500,000
Johnson
&
Johnson
4
.800
06/01/29
1,561,151‌
2,000,000
Johnson
&
Johnson
1
.300
09/01/30
1,738,676‌
850,000
Johnson
&
Johnson
4
.900
06/01/31
893,263‌
1,000,000
Johnson
&
Johnson
4
.375
12/05/33
1,033,618‌
1,500,000
Johnson
&
Johnson
4
.950
06/01/34
1,591,984‌
250,000
Johnson
&
Johnson
3
.550
03/01/36
233,910‌
450,000
Johnson
&
Johnson
3
.625
03/03/37
417,848‌
250,000
Johnson
&
Johnson
5
.950
08/15/37
288,460‌
675,000
Johnson
&
Johnson
3
.400
01/15/38
605,924‌
375,000
Johnson
&
Johnson
5
.850
07/15/38
429,747‌
1,000,000
Johnson
&
Johnson
2
.100
09/01/40
727,015‌
300,000
Johnson
&
Johnson
4
.500
12/05/43
300,993‌
1,200,000
Johnson
&
Johnson
3
.700
03/01/46
1,047,092‌
1,625,000
Johnson
&
Johnson
3
.750
03/03/47
1,412,345‌
2,100,000
Johnson
&
Johnson
3
.500
01/15/48
1,748,626‌
1,500,000
Johnson
&
Johnson
2
.250
09/01/50
970,508‌
1,500,000
Johnson
&
Johnson
5
.250
06/01/54
1,624,627‌
1,000,000
(a)
Johnson
&
Johnson
2
.450
09/01/60
626,890‌
1,375,000
Merck
&
Co,
Inc
0
.750
02/24/26
1,316,056‌
2,000,000
Merck
&
Co,
Inc
1
.700
06/10/27
1,895,142‌
1,000,000
Merck
&
Co,
Inc
4
.050
05/17/28
1,008,418‌
1,500,000
Merck
&
Co,
Inc
1
.900
12/10/28
1,383,580‌
1,000,000
Merck
&
Co,
Inc
4
.300
05/17/30
1,014,772‌
3,175,000
Merck
&
Co,
Inc
1
.450
06/24/30
2,753,289‌
1,150,000
Merck
&
Co,
Inc
2
.150
12/10/31
1,007,780‌
1,000,000
(a)
Merck
&
Co,
Inc
4
.500
05/17/33
1,016,387‌
1,475,000
Merck
&
Co,
Inc
3
.900
03/07/39
1,349,032‌
425,000
Merck
&
Co,
Inc
2
.350
06/24/40
311,576‌
100,000
Merck
&
Co,
Inc
3
.600
09/15/42
84,256‌
925,000
Merck
&
Co,
Inc
4
.150
05/18/43
844,738‌
1,250,000
Merck
&
Co,
Inc
4
.900
05/17/44
1,257,153‌
1,825,000
Merck
&
Co,
Inc
3
.700
02/10/45
1,539,866‌
1,600,000
Merck
&
Co,
Inc
4
.000
03/07/49
1,387,748‌
375,000
Merck
&
Co,
Inc
2
.450
06/24/50
240,938‌
625,000
Merck
&
Co,
Inc
2
.750
12/10/51
422,556‌
1,375,000
Merck
&
Co,
Inc
5
.000
05/17/53
1,385,114‌
1,100,000
Merck
&
Co,
Inc
2
.900
12/10/61
708,904‌
1,500,000
Merck
&
Co,
Inc
5
.150
05/17/63
1,532,583‌
500,000
Mylan,
Inc
4
.550
04/15/28
499,018‌
700,000
Mylan,
Inc
5
.200
04/15/48
605,645‌
3,500,000
Novartis
Capital
Corp
2
.000
02/14/27
3,360,387‌
2,300,000
Novartis
Capital
Corp
3
.100
05/17/27
2,261,435‌
1,000,000
Novartis
Capital
Corp
3
.800
09/18/29
993,566‌
1,000,000
Novartis
Capital
Corp
2
.200
08/14/30
907,548‌
1,000,000
Novartis
Capital
Corp
4
.000
09/18/31
992,048‌
1,500,000
Novartis
Capital
Corp
4
.200
09/18/34
1,479,371‌
400,000
Novartis
Capital
Corp
3
.700
09/21/42
348,574‌
1,025,000
Novartis
Capital
Corp
4
.400
05/06/44
975,536‌
1,000,000
Novartis
Capital
Corp
4
.000
11/20/45
896,574‌
750,000
Novartis
Capital
Corp
2
.750
08/14/50
528,368‌
350,000
Novartis
Capital
Corp
4
.700
09/18/54
342,524‌
5,000,000
Pfizer
Investment
Enterprises
Pte
Ltd
4
.450
05/19/28
5,074,168‌
5,000,000
Pfizer
Investment
Enterprises
Pte
Ltd
4
.650
05/19/30
5,123,532‌
3,300,000
Pfizer
Investment
Enterprises
Pte
Ltd
4
.750
05/19/33
3,363,684‌
3,850,000
Pfizer
Investment
Enterprises
Pte
Ltd
5
.110
05/19/43
3,919,883‌
4,775,000
Pfizer
Investment
Enterprises
Pte
Ltd
5
.300
05/19/53
4,939,469‌
4,500,000
Pfizer
Investment
Enterprises
Pte
Ltd
5
.340
05/19/63
4,622,683‌
Bond
Index
82
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
-
1.3%
(continued)
$
350,000
Pfizer,
Inc
2
.750
%
06/03/26
$
343,058‌
2,850,000
Pfizer,
Inc
3
.000
12/15/26
2,795,696‌
950,000
(a)
Pfizer,
Inc
3
.600
09/15/28
940,898‌
1,550,000
Pfizer,
Inc
3
.450
03/15/29
1,518,810‌
1,500,000
Pfizer,
Inc
1
.750
08/18/31
1,287,366‌
425,000
Pfizer,
Inc
4
.000
12/15/36
404,969‌
500,000
Pfizer,
Inc
4
.100
09/15/38
469,537‌
875,000
Pfizer,
Inc
3
.900
03/15/39
798,326‌
350,000
Pfizer,
Inc
7
.200
03/15/39
437,714‌
1,250,000
Pfizer,
Inc
2
.550
05/28/40
936,815‌
625,000
Pfizer,
Inc
4
.300
06/15/43
578,759‌
1,100,000
Pfizer,
Inc
4
.400
05/15/44
1,046,013‌
1,875,000
Pfizer,
Inc
4
.125
12/15/46
1,662,101‌
1,200,000
Pfizer,
Inc
4
.200
09/15/48
1,065,854‌
2,100,000
Pfizer,
Inc
4
.000
03/15/49
1,822,392‌
1,000,000
Pfizer,
Inc
2
.700
05/28/50
692,995‌
1,000,000
Regeneron
Pharmaceuticals,
Inc
1
.750
09/15/30
864,052‌
500,000
Regeneron
Pharmaceuticals,
Inc
2
.800
09/15/50
329,059‌
500,000
Revvity,
Inc
3
.300
09/15/29
472,121‌
1,000,000
Revvity,
Inc
2
.550
03/15/31
875,419‌
300,000
Revvity,
Inc
2
.250
09/15/31
256,127‌
1,000,000
Revvity,
Inc
3
.625
03/15/51
748,135‌
1,000,000
Royalty
Pharma
plc
5
.150
09/02/29
1,025,691‌
375,000
Royalty
Pharma
plc
2
.200
09/02/30
328,389‌
1,000,000
Royalty
Pharma
plc
5
.400
09/02/34
1,025,836‌
1,000,000
Royalty
Pharma
plc
3
.300
09/02/40
774,314‌
1,000,000
Royalty
Pharma
plc
3
.550
09/02/50
724,621‌
1,000,000
Royalty
Pharma
plc
3
.350
09/02/51
691,065‌
500,000
Royalty
Pharma
plc
5
.900
09/02/54
517,993‌
500,000
Sanofi
3
.625
06/19/28
495,893‌
32,000
Shire
Acquisitions
Investments
Ireland
DAC
3
.200
09/23/26
31,496‌
2,100,000
Takeda
Pharmaceutical
Co
Ltd
5
.000
11/26/28
2,153,023‌
700,000
Takeda
Pharmaceutical
Co
Ltd
2
.050
03/31/30
622,796‌
1,000,000
Takeda
Pharmaceutical
Co
Ltd
5
.300
07/05/34
1,043,625‌
2,050,000
Takeda
Pharmaceutical
Co
Ltd
3
.025
07/09/40
1,593,882‌
1,000,000
Takeda
Pharmaceutical
Co
Ltd
5
.650
07/05/44
1,052,187‌
1,150,000
Takeda
Pharmaceutical
Co
Ltd
3
.175
07/09/50
825,623‌
1,000,000
Takeda
Pharmaceutical
Co
Ltd
5
.650
07/05/54
1,050,226‌
1,000,000
Takeda
Pharmaceutical
Co
Ltd
3
.375
07/09/60
700,161‌
1,000,000
Takeda
Pharmaceutical
Co
Ltd
5
.800
07/05/64
1,050,204‌
500,000
Thermo
Fisher
Scientific,
Inc
4
.800
11/21/27
513,165‌
1,000,000
Thermo
Fisher
Scientific,
Inc
1
.750
10/15/28
917,766‌
1,000,000
(a)
Thermo
Fisher
Scientific,
Inc
5
.000
01/31/29
1,037,036‌
1,500,000
Thermo
Fisher
Scientific,
Inc
2
.600
10/01/29
1,400,789‌
1,500,000
Thermo
Fisher
Scientific,
Inc
4
.977
08/10/30
1,563,273‌
275,000
Thermo
Fisher
Scientific,
Inc
2
.000
10/15/31
238,442‌
500,000
Thermo
Fisher
Scientific,
Inc
4
.950
11/21/32
520,690‌
1,500,000
Thermo
Fisher
Scientific,
Inc
5
.086
08/10/33
1,569,155‌
1,000,000
(a)
Thermo
Fisher
Scientific,
Inc
5
.200
01/31/34
1,055,655‌
1,500,000
Thermo
Fisher
Scientific,
Inc
2
.800
10/15/41
1,145,035‌
1,500,000
Thermo
Fisher
Scientific,
Inc
5
.404
08/10/43
1,595,872‌
200,000
Thermo
Fisher
Scientific,
Inc
5
.300
02/01/44
207,186‌
200,000
Thermo
Fisher
Scientific,
Inc
4
.100
08/15/47
177,963‌
1,688,000
Utah
Acquisition
Sub,
Inc
3
.950
06/15/26
1,671,320‌
750,000
Utah
Acquisition
Sub,
Inc
5
.250
06/15/46
658,365‌
400,000
Viatris,
Inc
2
.300
06/22/27
376,907‌
375,000
Viatris,
Inc
2
.700
06/22/30
333,234‌
600,000
Viatris,
Inc
3
.850
06/22/40
467,330‌
1,950,000
Viatris,
Inc
4
.000
06/22/50
1,398,379‌
150,000
Wyeth
LLC
6
.500
02/01/34
172,790‌
275,000
Wyeth
LLC
5
.950
04/01/37
304,621‌
300,000
Zoetis,
Inc
4
.500
11/13/25
300,139‌
83
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
-
1.3%
(continued)
$
425,000
Zoetis,
Inc
3
.000
%
09/12/27
$
412,104‌
500,000
Zoetis,
Inc
3
.900
08/20/28
496,108‌
2,000,000
Zoetis,
Inc
5
.600
11/16/32
2,141,756‌
900,000
Zoetis,
Inc
4
.700
02/01/43
857,331‌
650,000
Zoetis,
Inc
3
.950
09/12/47
547,154‌
200,000
Zoetis,
Inc
4
.450
08/20/48
181,250‌
375,000
Zoetis,
Inc
3
.000
05/15/50
264,843‌
TOTAL
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
347,941,077‌
REAL
ESTATE
MANAGEMENT
&
DEVELOPMENT
-
0.0%
500,000
CBRE
Services,
Inc
4
.875
03/01/26
502,307‌
500,000
CBRE
Services,
Inc
5
.500
04/01/29
521,417‌
1,000,000
CBRE
Services,
Inc
2
.500
04/01/31
873,275‌
1,000,000
CBRE
Services,
Inc
5
.950
08/15/34
1,073,970‌
TOTAL
REAL
ESTATE
MANAGEMENT
&
DEVELOPMENT
2,970,969‌
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
-
0.6%
500,000
Advanced
Micro
Devices,
Inc
3
.924
06/01/32
487,865‌
500,000
(a)
Advanced
Micro
Devices,
Inc
4
.393
06/01/52
465,441‌
1,175,000
Analog
Devices,
Inc
3
.500
12/05/26
1,165,126‌
400,000
Analog
Devices,
Inc
3
.450
06/15/27
394,429‌
1,000,000
Analog
Devices,
Inc
1
.700
10/01/28
918,744‌
600,000
Analog
Devices,
Inc
2
.100
10/01/31
522,483‌
500,000
Analog
Devices,
Inc
5
.050
04/01/34
523,564‌
300,000
Analog
Devices,
Inc
2
.800
10/01/41
227,315‌
1,000,000
Analog
Devices,
Inc
2
.950
10/01/51
705,879‌
500,000
Analog
Devices,
Inc
5
.300
04/01/54
523,366‌
1,000,000
Applied
Materials,
Inc
3
.300
04/01/27
984,702‌
1,500,000
Applied
Materials,
Inc
4
.800
06/15/29
1,546,462‌
950,000
Applied
Materials,
Inc
1
.750
06/01/30
834,181‌
250,000
Applied
Materials,
Inc
5
.100
10/01/35
265,267‌
100,000
Applied
Materials,
Inc
5
.850
06/15/41
112,429‌
1,200,000
Applied
Materials,
Inc
4
.350
04/01/47
1,120,220‌
775,000
Applied
Materials,
Inc
2
.750
06/01/50
541,664‌
2,000,000
(c)
Broadcom,
Inc
1
.950
02/15/28
1,856,955‌
700,000
Broadcom,
Inc
4
.150
02/15/28
699,264‌
300,000
(c)
Broadcom,
Inc
4
.000
04/15/29
295,491‌
1,150,000
Broadcom,
Inc
5
.050
07/12/29
1,184,595‌
1,000,000
Broadcom,
Inc
4
.350
02/15/30
998,051‌
343,000
Broadcom,
Inc
4
.150
11/15/30
338,717‌
1,500,000
(c)
Broadcom,
Inc
2
.450
02/15/31
1,329,264‌
2,000,000
Broadcom,
Inc
5
.150
11/15/31
2,075,506‌
1,000,000
Broadcom,
Inc
4
.550
02/15/32
999,237‌
625,000
(c)
Broadcom,
Inc
4
.150
04/15/32
606,372‌
1,500,000
Broadcom,
Inc
4
.300
11/15/32
1,473,358‌
1,500,000
(c)
Broadcom,
Inc
2
.600
02/15/33
1,285,867‌
5,883,000
(c)
Broadcom,
Inc
3
.419
04/15/33
5,345,307‌
2,522,000
(c)
Broadcom,
Inc
3
.469
04/15/34
2,271,051‌
1,100,000
Broadcom,
Inc
4
.800
10/15/34
1,099,087‌
6,327,000
(c)
Broadcom,
Inc
3
.137
11/15/35
5,410,440‌
4,043,000
(c)
Broadcom,
Inc
3
.187
11/15/36
3,426,594‌
3,336,000
(c)
Broadcom,
Inc
4
.926
05/15/37
3,333,113‌
850,000
(c)
Broadcom,
Inc
3
.500
02/15/41
699,038‌
3,000,000
(c)
Broadcom,
Inc
3
.750
02/15/51
2,384,591‌
2,480,000
Intel
Corp
2
.600
05/19/26
2,406,550‌
1,000,000
Intel
Corp
3
.750
08/05/27
980,304‌
2,000,000
Intel
Corp
4
.875
02/10/28
2,020,951‌
1,500,000
Intel
Corp
1
.600
08/12/28
1,341,207‌
1,000,000
Intel
Corp
4
.000
08/05/29
976,378‌
2,500,000
Intel
Corp
2
.450
11/15/29
2,250,386‌
1,000,000
Intel
Corp
5
.125
02/10/30
1,021,722‌
1,500,000
Intel
Corp
3
.900
03/25/30
1,442,740‌
1,500,000
Intel
Corp
5
.000
02/21/31
1,523,729‌
2,000,000
Intel
Corp
2
.000
08/12/31
1,670,686‌
Bond
Index
84
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
-
0.6%
(continued)
$
1,000,000
Intel
Corp
4
.150
%
08/05/32
$
952,880‌
250,000
Intel
Corp
4
.000
12/15/32
235,444‌
1,500,000
(a)
Intel
Corp
5
.200
02/10/33
1,519,720‌
2,000,000
(a)
Intel
Corp
5
.150
02/21/34
2,020,727‌
1,000,000
Intel
Corp
2
.800
08/12/41
695,644‌
1,000,000
Intel
Corp
5
.625
02/10/43
993,991‌
200,000
Intel
Corp
4
.100
05/19/46
158,932‌
675,000
Intel
Corp
4
.100
05/11/47
532,066‌
3,328,000
Intel
Corp
3
.734
12/08/47
2,450,083‌
2,500,000
Intel
Corp
3
.250
11/15/49
1,681,636‌
3,175,000
Intel
Corp
4
.750
03/25/50
2,751,384‌
1,000,000
Intel
Corp
3
.050
08/12/51
640,410‌
1,000,000
Intel
Corp
4
.900
08/05/52
877,254‌
1,500,000
Intel
Corp
5
.700
02/10/53
1,477,763‌
1,550,000
Intel
Corp
5
.600
02/21/54
1,510,679‌
1,000,000
Intel
Corp
3
.100
02/15/60
608,214‌
1,000,000
Intel
Corp
5
.050
08/05/62
879,924‌
1,000,000
Intel
Corp
5
.900
02/10/63
1,003,774‌
300,000
KLA
Corp
4
.100
03/15/29
301,431‌
850,000
KLA
Corp
4
.650
07/15/32
869,897‌
1,000,000
KLA
Corp
4
.700
02/01/34
1,020,285‌
500,000
KLA
Corp
5
.000
03/15/49
497,001‌
1,000,000
KLA
Corp
3
.300
03/01/50
756,456‌
1,500,000
KLA
Corp
4
.950
07/15/52
1,490,468‌
500,000
KLA
Corp
5
.250
07/15/62
514,494‌
150,000
Lam
Research
Corp
3
.750
03/15/26
149,157‌
275,000
Lam
Research
Corp
4
.000
03/15/29
274,775‌
125,000
Lam
Research
Corp
1
.900
06/15/30
110,522‌
825,000
Lam
Research
Corp
4
.875
03/15/49
806,970‌
200,000
Lam
Research
Corp
2
.875
06/15/50
139,736‌
1,200,000
Lam
Research
Corp
3
.125
06/15/60
828,276‌
1,000,000
Marvell
Technology,
Inc
1
.650
04/15/26
958,036‌
1,000,000
Marvell
Technology,
Inc
2
.450
04/15/28
933,308‌
350,000
Marvell
Technology,
Inc
4
.875
06/22/28
353,395‌
1,000,000
Marvell
Technology,
Inc
5
.950
09/15/33
1,074,655‌
1,425,000
Microchip
Technology,
Inc
5
.050
03/15/29
1,463,387‌
425,000
Micron
Technology,
Inc
4
.975
02/06/26
427,789‌
750,000
Micron
Technology,
Inc
4
.185
02/15/27
747,961‌
1,000,000
Micron
Technology,
Inc
5
.375
04/15/28
1,030,240‌
400,000
Micron
Technology,
Inc
5
.327
02/06/29
413,311‌
1,000,000
Micron
Technology,
Inc
6
.750
11/01/29
1,098,694‌
500,000
Micron
Technology,
Inc
4
.663
02/15/30
502,473‌
500,000
Micron
Technology,
Inc
5
.300
01/15/31
519,532‌
1,000,000
Micron
Technology,
Inc
2
.703
04/15/32
873,592‌
1,000,000
Micron
Technology,
Inc
5
.875
02/09/33
1,067,861‌
1,000,000
Micron
Technology,
Inc
5
.875
09/15/33
1,069,530‌
750,000
Micron
Technology,
Inc
3
.366
11/01/41
581,736‌
750,000
Micron
Technology,
Inc
3
.477
11/01/51
549,201‌
800,000
NVIDIA
Corp
3
.200
09/16/26
790,804‌
1,000,000
NVIDIA
Corp
1
.550
06/15/28
924,612‌
750,000
NVIDIA
Corp
2
.850
04/01/30
709,569‌
1,500,000
NVIDIA
Corp
2
.000
06/15/31
1,325,925‌
1,000,000
NVIDIA
Corp
3
.500
04/01/40
883,845‌
2,067,000
NVIDIA
Corp
3
.500
04/01/50
1,696,543‌
425,000
NXP
BV
5
.350
03/01/26
429,175‌
750,000
NXP
BV
3
.875
06/18/26
743,723‌
300,000
NXP
BV
3
.150
05/01/27
291,624‌
175,000
NXP
BV
4
.400
06/01/27
175,493‌
400,000
NXP
BV
5
.550
12/01/28
415,253‌
750,000
NXP
BV
4
.300
06/18/29
746,228‌
675,000
NXP
BV
3
.400
05/01/30
637,629‌
2,000,000
NXP
BV
2
.500
05/11/31
1,752,592‌
85
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
-
0.6%
(continued)
$
1,000,000
NXP
BV
2
.650
%
02/15/32
$
868,431‌
500,000
NXP
BV
5
.000
01/15/33
505,973‌
875,000
(c)
NXP
BV
3
.250
05/11/41
682,877‌
325,000
NXP
BV
3
.125
02/15/42
243,820‌
500,000
NXP
BV
3
.250
11/30/51
351,852‌
2,000,000
Qorvo,
Inc
1
.750
12/15/24
1,984,117‌
2,800,000
QUALCOMM,
Inc
3
.250
05/20/27
2,755,596‌
1,339,000
QUALCOMM,
Inc
1
.300
05/20/28
1,218,240‌
1,000,000
QUALCOMM,
Inc
2
.150
05/20/30
904,744‌
2,384,000
QUALCOMM,
Inc
1
.650
05/20/32
1,981,150‌
1,000,000
(a)
QUALCOMM,
Inc
5
.400
05/20/33
1,077,441‌
750,000
QUALCOMM,
Inc
4
.650
05/20/35
765,055‌
650,000
QUALCOMM,
Inc
4
.800
05/20/45
636,418‌
1,525,000
QUALCOMM,
Inc
4
.300
05/20/47
1,387,542‌
1,000,000
QUALCOMM,
Inc
4
.500
05/20/52
920,812‌
1,000,000
QUALCOMM,
Inc
6
.000
05/20/53
1,133,279‌
300,000
Skyworks
Solutions,
Inc
1
.800
06/01/26
286,602‌
1,000,000
Skyworks
Solutions,
Inc
3
.000
06/01/31
881,742‌
1,500,000
Texas
Instruments,
Inc
4
.600
02/15/28
1,532,065‌
750,000
Texas
Instruments,
Inc
4
.600
02/08/29
769,441‌
1,000,000
Texas
Instruments,
Inc
2
.250
09/04/29
922,444‌
325,000
Texas
Instruments,
Inc
1
.750
05/04/30
286,971‌
750,000
Texas
Instruments,
Inc
3
.650
08/16/32
723,152‌
1,000,000
Texas
Instruments,
Inc
4
.900
03/14/33
1,047,634‌
750,000
Texas
Instruments,
Inc
4
.850
02/08/34
779,739‌
350,000
Texas
Instruments,
Inc
3
.875
03/15/39
324,750‌
2,700,000
Texas
Instruments,
Inc
4
.150
05/15/48
2,406,927‌
1,000,000
Texas
Instruments,
Inc
2
.700
09/15/51
676,804‌
1,000,000
Texas
Instruments,
Inc
5
.000
03/14/53
1,007,837‌
750,000
Texas
Instruments,
Inc
5
.150
02/08/54
770,590‌
1,050,000
Texas
Instruments,
Inc
5
.050
05/18/63
1,053,622‌
550,000
TSMC
Arizona
Corp
1
.750
10/25/26
522,848‌
350,000
TSMC
Arizona
Corp
3
.875
04/22/27
347,956‌
1,000,000
TSMC
Arizona
Corp
4
.125
04/22/29
998,447‌
1,000,000
TSMC
Arizona
Corp
2
.500
10/25/31
884,710‌
1,000,000
TSMC
Arizona
Corp
4
.250
04/22/32
994,417‌
1,000,000
TSMC
Arizona
Corp
3
.125
10/25/41
819,059‌
1,000,000
(a)
TSMC
Arizona
Corp
3
.250
10/25/51
787,039‌
500,000
TSMC
Arizona
Corp
4
.500
04/22/52
495,026‌
1,000,000
Xilinx,
Inc
2
.375
06/01/30
907,990‌
TOTAL
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
155,668,556‌
SOFTWARE
&
SERVICES
-
0.7%
1,000,000
Adobe,
Inc
2
.150
02/01/27
961,405‌
1,000,000
Adobe,
Inc
4
.800
04/04/29
1,033,083‌
925,000
Adobe,
Inc
2
.300
02/01/30
849,959‌
1,000,000
Adobe,
Inc
4
.950
04/04/34
1,042,771‌
1,000,000
Amdocs
Ltd
2
.538
06/15/30
893,217‌
1,000,000
Atlassian
Corp
5
.250
05/15/29
1,033,506‌
1,000,000
Atlassian
Corp
5
.500
05/15/34
1,046,457‌
450,000
Autodesk,
Inc
3
.500
06/15/27
442,371‌
750,000
Autodesk,
Inc
2
.850
01/15/30
696,774‌
1,000,000
Autodesk,
Inc
2
.400
12/15/31
876,377‌
1,000,000
Booz
Allen
Hamilton,
Inc
5
.950
08/04/33
1,067,346‌
1,000,000
CGI,
Inc
1
.450
09/14/26
945,890‌
1,000,000
CGI,
Inc
2
.300
09/14/31
857,096‌
1,000,000
DXC
Technology
Co
1
.800
09/15/26
947,313‌
1,000,000
Fortinet,
Inc
1
.000
03/15/26
953,422‌
500,000
Genpact
Luxembourg
Sarl
3
.375
12/01/24
497,973‌
1,000,000
Genpact
Luxembourg
Sarl
1
.750
04/10/26
957,345‌
500,000
Genpact
Luxembourg
SARL
6
.000
06/04/29
523,611‌
1,000,000
IBM
International
Capital
Pte
Ltd
4
.600
02/05/29
1,017,579‌
1,000,000
IBM
International
Capital
Pte
Ltd
4
.750
02/05/31
1,024,801‌
Bond
Index
86
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
SOFTWARE
&
SERVICES
-
0.7%
(continued)
$
1,000,000
IBM
International
Capital
Pte
Ltd
4
.900
%
02/05/34
$
1,025,803‌
1,000,000
IBM
International
Capital
Pte
Ltd
5
.250
02/05/44
1,018,279‌
1,000,000
IBM
International
Capital
Pte
Ltd
5
.300
02/05/54
1,012,444‌
350,000
International
Business
Machines
Corp
3
.450
02/19/26
346,438‌
2,500,000
International
Business
Machines
Corp
3
.300
05/15/26
2,466,345‌
1,500,000
International
Business
Machines
Corp
2
.200
02/09/27
1,436,445‌
1,000,000
International
Business
Machines
Corp
1
.700
05/15/27
941,571‌
1,500,000
International
Business
Machines
Corp
4
.500
02/06/28
1,520,943‌
2,675,000
International
Business
Machines
Corp
3
.500
05/15/29
2,599,878‌
2,900,000
International
Business
Machines
Corp
1
.950
05/15/30
2,565,774‌
1,500,000
International
Business
Machines
Corp
2
.720
02/09/32
1,348,750‌
1,500,000
(a)
International
Business
Machines
Corp
4
.750
02/06/33
1,537,537‌
1,850,000
International
Business
Machines
Corp
4
.150
05/15/39
1,704,038‌
19,000
International
Business
Machines
Corp
5
.600
11/30/39
20,459‌
450,000
International
Business
Machines
Corp
2
.850
05/15/40
346,530‌
1,060,000
International
Business
Machines
Corp
4
.000
06/20/42
933,184‌
1,500,000
International
Business
Machines
Corp
4
.700
02/19/46
1,431,227‌
975,000
International
Business
Machines
Corp
2
.950
05/15/50
675,569‌
1,500,000
International
Business
Machines
Corp
3
.430
02/09/52
1,122,270‌
1,000,000
International
Business
Machines
Corp
4
.900
07/27/52
962,466‌
1,000,000
International
Business
Machines
Corp
5
.100
02/06/53
1,007,681‌
350,000
Intuit,
Inc
1
.350
07/15/27
326,574‌
1,500,000
Intuit,
Inc
5
.125
09/15/28
1,563,061‌
350,000
Intuit,
Inc
1
.650
07/15/30
304,914‌
1,500,000
Intuit,
Inc
5
.200
09/15/33
1,582,299‌
1,500,000
Intuit,
Inc
5
.500
09/15/53
1,612,223‌
750,000
Kyndryl
Holdings,
Inc
2
.050
10/15/26
713,014‌
750,000
Kyndryl
Holdings,
Inc
2
.700
10/15/28
694,632‌
750,000
Kyndryl
Holdings,
Inc
3
.150
10/15/31
659,078‌
1,000,000
Kyndryl
Holdings,
Inc
6
.350
02/20/34
1,069,085‌
750,000
Kyndryl
Holdings,
Inc
4
.100
10/15/41
604,549‌
100,000
Leidos,
Inc
4
.375
05/15/30
98,399‌
1,000,000
Leidos,
Inc
2
.300
02/15/31
868,752‌
1,000,000
Leidos,
Inc
5
.750
03/15/33
1,051,936‌
2,000,000
Meta
Platforms,
Inc
4
.300
08/15/29
2,030,831‌
1,000,000
Meta
Platforms,
Inc
4
.550
08/15/31
1,022,405‌
2,000,000
Meta
Platforms,
Inc
4
.750
08/15/34
2,041,391‌
2,500,000
Meta
Platforms,
Inc
5
.550
08/15/64
2,670,174‌
1,075,000
Microsoft
Corp
3
.125
11/03/25
1,064,855‌
2,925,000
Microsoft
Corp
2
.400
08/08/26
2,852,106‌
475,000
Microsoft
Corp
3
.400
09/15/26
471,481‌
8,739,000
Microsoft
Corp
3
.300
02/06/27
8,660,706‌
300,000
Microsoft
Corp
3
.400
06/15/27
298,020‌
250,000
Microsoft
Corp
1
.350
09/15/30
217,644‌
150,000
Microsoft
Corp
3
.500
02/12/35
143,270‌
1,072,000
Microsoft
Corp
3
.450
08/08/36
999,518‌
300,000
Microsoft
Corp
4
.500
06/15/47
295,898‌
8,038,000
Microsoft
Corp
2
.525
06/01/50
5,517,528‌
2,100,000
Microsoft
Corp
2
.500
09/15/50
1,422,888‌
6,265,000
Microsoft
Corp
2
.921
03/17/52
4,599,701‌
7,374,000
Microsoft
Corp
2
.675
06/01/60
4,857,072‌
1,073,000
Microsoft
Corp
3
.041
03/17/62
772,248‌
3,000,000
Oracle
Corp
1
.650
03/25/26
2,883,761‌
2,884,000
Oracle
Corp
2
.650
07/15/26
2,802,914‌
2,000,000
Oracle
Corp
4
.500
05/06/28
2,024,609‌
4,000,000
Oracle
Corp
4
.200
09/27/29
3,991,909‌
1,500,000
Oracle
Corp
6
.150
11/09/29
1,622,694‌
1,000,000
Oracle
Corp
2
.950
04/01/30
929,874‌
1,500,000
Oracle
Corp
4
.650
05/06/30
1,529,589‌
400,000
Oracle
Corp
3
.250
05/15/30
377,264‌
3,000,000
Oracle
Corp
2
.875
03/25/31
2,729,226‌
1,500,000
Oracle
Corp
6
.250
11/09/32
1,659,760‌
87
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
SOFTWARE
&
SERVICES
-
0.7%
(continued)
$
1,750,000
Oracle
Corp
4
.900
%
02/06/33
$
1,782,398‌
2,497,000
Oracle
Corp
4
.300
07/08/34
2,416,657‌
4,000,000
Oracle
Corp
4
.700
09/27/34
3,989,458‌
650,000
Oracle
Corp
3
.900
05/15/35
600,855‌
1,225,000
Oracle
Corp
3
.850
07/15/36
1,107,830‌
4,000,000
Oracle
Corp
3
.800
11/15/37
3,539,149‌
100,000
Oracle
Corp
6
.500
04/15/38
113,765‌
470,000
Oracle
Corp
6
.125
07/08/39
519,178‌
675,000
Oracle
Corp
3
.600
04/01/40
561,588‌
325,000
Oracle
Corp
5
.375
07/15/40
331,503‌
2,000,000
Oracle
Corp
3
.650
03/25/41
1,653,498‌
500,000
Oracle
Corp
4
.500
07/08/44
451,111‌
325,000
Oracle
Corp
4
.125
05/15/45
275,707‌
2,025,000
Oracle
Corp
4
.000
07/15/46
1,679,818‌
3,100,000
Oracle
Corp
4
.000
11/15/47
2,545,239‌
7,350,000
Oracle
Corp
3
.600
04/01/50
5,595,572‌
2,000,000
Oracle
Corp
3
.950
03/25/51
1,609,606‌
3,500,000
Oracle
Corp
6
.900
11/09/52
4,218,833‌
2,375,000
Oracle
Corp
5
.550
02/06/53
2,430,458‌
3,000,000
Oracle
Corp
5
.375
09/27/54
2,998,168‌
500,000
Oracle
Corp
4
.375
05/15/55
426,753‌
1,500,000
Oracle
Corp
3
.850
04/01/60
1,129,133‌
2,000,000
Oracle
Corp
4
.100
03/25/61
1,573,120‌
3,000,000
Oracle
Corp
5
.500
09/27/64
2,988,471‌
1,100,000
Roper
Technologies,
Inc
3
.800
12/15/26
1,093,389‌
300,000
Roper
Technologies,
Inc
4
.200
09/15/28
299,816‌
500,000
Roper
Technologies,
Inc
2
.950
09/15/29
469,305‌
475,000
Roper
Technologies,
Inc
2
.000
06/30/30
417,284‌
750,000
Roper
Technologies,
Inc
1
.750
02/15/31
634,671‌
1,000,000
Roper
Technologies,
Inc
4
.750
02/15/32
1,011,787‌
1,500,000
Roper
Technologies,
Inc
4
.900
10/15/34
1,510,510‌
925,000
Salesforce,
Inc
3
.700
04/11/28
919,866‌
2,000,000
Salesforce,
Inc
1
.500
07/15/28
1,833,265‌
1,250,000
Salesforce,
Inc
1
.950
07/15/31
1,085,247‌
1,075,000
Salesforce,
Inc
2
.700
07/15/41
812,969‌
1,000,000
Salesforce,
Inc
2
.900
07/15/51
697,893‌
2,000,000
Salesforce,
Inc
3
.050
07/15/61
1,344,185‌
1,000,000
ServiceNow,
Inc
1
.400
09/01/30
858,044‌
750,000
Take-Two
Interactive
Software,
Inc
5
.400
06/12/29
777,158‌
750,000
Take-Two
Interactive
Software,
Inc
5
.600
06/12/34
786,912‌
750,000
VeriSign,
Inc
2
.700
06/15/31
655,691‌
1,500,000
VMware,
Inc
1
.400
08/15/26
1,421,076‌
725,000
VMware,
Inc
3
.900
08/21/27
717,500‌
1,500,000
VMware,
Inc
1
.800
08/15/28
1,364,330‌
1,000,000
VMware,
Inc
4
.700
05/15/30
1,007,486‌
1,150,000
VMware,
Inc
2
.200
08/15/31
987,786‌
1,500,000
Workday,
Inc
3
.500
04/01/27
1,475,807‌
1,500,000
Workday,
Inc
3
.700
04/01/29
1,464,682‌
TOTAL
SOFTWARE
&
SERVICES
183,514,306‌
TECHNOLOGY
HARDWARE
&
EQUIPMENT
-
0.6%
600,000
Amphenol
Corp
5
.050
04/05/29
619,129‌
450,000
Amphenol
Corp
4
.350
06/01/29
453,384‌
1,000,000
Amphenol
Corp
2
.800
02/15/30
925,125‌
1,000,000
Amphenol
Corp
2
.200
09/15/31
864,153‌
600,000
Amphenol
Corp
5
.250
04/05/34
626,859‌
3,000,000
Apple,
Inc
0
.700
02/08/26
2,875,979‌
2,825,000
Apple,
Inc
3
.250
02/23/26
2,799,960‌
1,425,000
Apple,
Inc
2
.450
08/04/26
1,390,554‌
3,250,000
Apple,
Inc
2
.050
09/11/26
3,145,162‌
1,075,000
Apple,
Inc
3
.350
02/09/27
1,065,257‌
275,000
Apple,
Inc
3
.200
05/11/27
271,323‌
3,675,000
Apple,
Inc
3
.000
11/13/27
3,601,087‌
Bond
Index
88
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
TECHNOLOGY
HARDWARE
&
EQUIPMENT
-
0.6%
(continued)
$
3,000,000
Apple,
Inc
1
.200
%
02/08/28
$
2,762,666‌
1,500,000
Apple,
Inc
4
.000
05/10/28
1,516,404‌
2,500,000
Apple,
Inc
1
.400
08/05/28
2,293,639‌
1,000,000
Apple,
Inc
3
.250
08/08/29
975,591‌
1,000,000
Apple,
Inc
2
.200
09/11/29
926,829‌
1,000,000
(a)
Apple,
Inc
4
.150
05/10/30
1,024,809‌
2,950,000
Apple,
Inc
1
.650
05/11/30
2,617,960‌
3,000,000
(a)
Apple,
Inc
1
.250
08/20/30
2,597,705‌
3,000,000
Apple,
Inc
1
.650
02/08/31
2,622,287‌
2,500,000
(a)
Apple,
Inc
1
.700
08/05/31
2,167,617‌
1,000,000
(a)
Apple,
Inc
3
.350
08/08/32
955,117‌
1,500,000
(a)
Apple,
Inc
4
.300
05/10/33
1,547,004‌
1,600,000
Apple,
Inc
4
.500
02/23/36
1,655,703‌
2,000,000
Apple,
Inc
2
.375
02/08/41
1,501,027‌
350,000
Apple,
Inc
3
.850
05/04/43
315,447‌
750,000
(a)
Apple,
Inc
4
.450
05/06/44
744,939‌
1,350,000
Apple,
Inc
3
.450
02/09/45
1,133,808‌
1,000,000
Apple,
Inc
4
.375
05/13/45
960,603‌
1,775,000
Apple,
Inc
4
.650
02/23/46
1,762,074‌
900,000
Apple,
Inc
3
.850
08/04/46
791,944‌
1,175,000
Apple,
Inc
4
.250
02/09/47
1,105,477‌
900,000
Apple,
Inc
3
.750
09/12/47
775,462‌
2,850,000
Apple,
Inc
3
.750
11/13/47
2,459,944‌
3,000,000
Apple,
Inc
2
.950
09/11/49
2,221,393‌
3,350,000
Apple,
Inc
2
.650
05/11/50
2,312,285‌
1,375,000
Apple,
Inc
2
.400
08/20/50
910,439‌
1,000,000
Apple,
Inc
2
.650
02/08/51
687,643‌
1,000,000
Apple,
Inc
2
.700
08/05/51
688,879‌
750,000
Apple,
Inc
3
.950
08/08/52
660,980‌
2,000,000
(a)
Apple,
Inc
4
.850
05/10/53
2,067,725‌
25,000
(a)
Apple,
Inc
2
.550
08/20/60
16,473‌
2,000,000
Apple,
Inc
2
.800
02/08/61
1,336,728‌
1,000,000
Apple,
Inc
2
.850
08/05/61
677,672‌
750,000
Apple,
Inc
4
.100
08/08/62
665,795‌
425,000
Arrow
Electronics,
Inc
3
.875
01/12/28
415,078‌
1,000,000
Arrow
Electronics,
Inc
5
.150
08/21/29
1,015,548‌
1,000,000
Arrow
Electronics,
Inc
2
.950
02/15/32
877,789‌
750,000
Arrow
Electronics,
Inc
5
.875
04/10/34
777,831‌
200,000
Avnet,
Inc
4
.625
04/15/26
199,886‌
1,000,000
Avnet,
Inc
6
.250
03/15/28
1,051,289‌
1,000,000
Avnet,
Inc
3
.000
05/15/31
879,599‌
2,000,000
CDW
LLC
2
.670
12/01/26
1,924,275‌
1,000,000
CDW
LLC
3
.276
12/01/28
945,960‌
1,000,000
CDW
LLC
5
.100
03/01/30
1,013,529‌
575,000
CDW
LLC
3
.569
12/01/31
526,117‌
1,000,000
CDW
LLC
5
.550
08/22/34
1,023,141‌
3,000,000
Cisco
Systems,
Inc
2
.500
09/20/26
2,927,489‌
2,000,000
Cisco
Systems,
Inc
4
.800
02/26/27
2,043,769‌
3,000,000
Cisco
Systems,
Inc
4
.850
02/26/29
3,102,550‌
3,000,000
Cisco
Systems,
Inc
4
.950
02/26/31
3,135,708‌
3,000,000
Cisco
Systems,
Inc
5
.050
02/26/34
3,150,602‌
1,000,000
Cisco
Systems,
Inc
5
.900
02/15/39
1,126,754‌
1,175,000
Cisco
Systems,
Inc
5
.500
01/15/40
1,271,223‌
2,000,000
Cisco
Systems,
Inc
5
.300
02/26/54
2,121,978‌
2,000,000
Cisco
Systems,
Inc
5
.350
02/26/64
2,123,840‌
200,000
Corning,
Inc
4
.700
03/15/37
195,766‌
100,000
Corning,
Inc
5
.750
08/15/40
104,901‌
200,000
Corning,
Inc
4
.750
03/15/42
188,785‌
300,000
Corning,
Inc
5
.350
11/15/48
302,152‌
500,000
Corning,
Inc
3
.900
11/15/49
407,198‌
825,000
Corning,
Inc
4
.375
11/15/57
702,178‌
200,000
Corning,
Inc
5
.850
11/15/68
211,355‌
89
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
TECHNOLOGY
HARDWARE
&
EQUIPMENT
-
0.6%
(continued)
$
1,000,000
Corning,
Inc
5
.450
%
11/15/79
$
990,547‌
2,089,000
Dell
International
LLC
6
.020
06/15/26
2,139,137‌
1,050,000
Dell
International
LLC
4
.900
10/01/26
1,060,884‌
1,000,000
Dell
International
LLC
5
.250
02/01/28
1,033,039‌
2,900,000
Dell
International
LLC
5
.300
10/01/29
3,020,558‌
750,000
(a)
Dell
International
LLC
5
.750
02/01/33
804,908‌
1,000,000
Dell
International
LLC
5
.400
04/15/34
1,043,506‌
608,000
Dell
International
LLC
8
.100
07/15/36
757,315‌
2,000,000
Dell
International
LLC
3
.375
12/15/41
1,570,855‌
377,000
Dell
International
LLC
8
.350
07/15/46
509,807‌
2,000,000
Dell
International
LLC
3
.450
12/15/51
1,465,378‌
500,000
Flex
Ltd
3
.750
02/01/26
494,407‌
500,000
Flex
Ltd
6
.000
01/15/28
518,209‌
1,000,000
Flex
Ltd
4
.875
05/12/30
1,001,499‌
1,000,000
Flex
Ltd
5
.250
01/15/32
1,009,376‌
2,000,000
Hewlett
Packard
Enterprise
Co
4
.900
10/15/25
2,001,687‌
1,000,000
Hewlett
Packard
Enterprise
Co
4
.450
09/25/26
1,002,015‌
1,000,000
Hewlett
Packard
Enterprise
Co
4
.400
09/25/27
1,001,086‌
2,000,000
Hewlett
Packard
Enterprise
Co
5
.250
07/01/28
2,062,064‌
1,500,000
Hewlett
Packard
Enterprise
Co
4
.550
10/15/29
1,496,148‌
1,500,000
Hewlett
Packard
Enterprise
Co
4
.850
10/15/31
1,496,898‌
2,000,000
Hewlett
Packard
Enterprise
Co
5
.000
10/15/34
1,980,043‌
225,000
Hewlett
Packard
Enterprise
Co
6
.200
10/15/35
245,701‌
1,175,000
(a)
Hewlett
Packard
Enterprise
Co
6
.350
10/15/45
1,290,232‌
2,000,000
Hewlett
Packard
Enterprise
Co
5
.600
10/15/54
1,963,441‌
1,000,000
HP,
Inc
1
.450
06/17/26
952,958‌
1,000,000
HP,
Inc
3
.000
06/17/27
968,772‌
500,000
HP,
Inc
4
.750
01/15/28
508,897‌
1,000,000
HP,
Inc
4
.000
04/15/29
983,724‌
1,000,000
HP,
Inc
3
.400
06/17/30
947,187‌
1,000,000
HP,
Inc
2
.650
06/17/31
884,304‌
500,000
HP,
Inc
4
.200
04/15/32
484,649‌
500,000
(a)
HP,
Inc
5
.500
01/15/33
525,969‌
975,000
(a)
HP,
Inc
6
.000
09/15/41
1,047,093‌
1,000,000
Jabil,
Inc
1
.700
04/15/26
957,800‌
1,000,000
Jabil,
Inc
4
.250
05/15/27
993,067‌
100,000
(a)
Jabil,
Inc
3
.950
01/12/28
98,227‌
1,000,000
Jabil,
Inc
5
.450
02/01/29
1,029,415‌
750,000
Jabil,
Inc
3
.600
01/15/30
708,591‌
50,000
Jabil,
Inc
3
.000
01/15/31
44,836‌
1,500,000
Juniper
Networks,
Inc
1
.200
12/10/25
1,437,090‌
600,000
Keysight
Technologies,
Inc
4
.600
04/06/27
603,885‌
500,000
Keysight
Technologies,
Inc
3
.000
10/30/29
466,851‌
450,000
Motorola
Solutions,
Inc
4
.600
02/23/28
454,661‌
1,000,000
Motorola
Solutions,
Inc
5
.000
04/15/29
1,025,848‌
500,000
Motorola
Solutions,
Inc
4
.600
05/23/29
504,475‌
600,000
Motorola
Solutions,
Inc
2
.300
11/15/30
529,365‌
2,250,000
Motorola
Solutions,
Inc
2
.750
05/24/31
2,012,810‌
500,000
Motorola
Solutions,
Inc
5
.600
06/01/32
528,646‌
1,000,000
Motorola
Solutions,
Inc
5
.400
04/15/34
1,043,616‌
200,000
Motorola
Solutions,
Inc
5
.500
09/01/44
205,170‌
500,000
NetApp,
Inc
2
.375
06/22/27
476,650‌
750,000
NetApp,
Inc
2
.700
06/22/30
680,976‌
1,000,000
TD
SYNNEX
Corp
1
.750
08/09/26
949,870‌
1,000,000
TD
SYNNEX
Corp
2
.375
08/09/28
921,952‌
1,000,000
TD
SYNNEX
Corp
2
.650
08/09/31
856,812‌
1,000,000
TD
SYNNEX
Corp
6
.100
04/12/34
1,058,216‌
2,000,000
Teledyne
Technologies,
Inc
1
.600
04/01/26
1,916,131‌
625,000
Trimble,
Inc
4
.900
06/15/28
634,102‌
1,000,000
Trimble,
Inc
6
.100
03/15/33
1,079,347‌
1,000,000
Vontier
Corp
1
.800
04/01/26
957,408‌
1,000,000
Vontier
Corp
2
.400
04/01/28
918,904‌
Bond
Index
90
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
TECHNOLOGY
HARDWARE
&
EQUIPMENT
-
0.6%
(continued)
$
1,000,000
Vontier
Corp
2
.950
%
04/01/31
$
870,003‌
1,000,000
Western
Digital
Corp
2
.850
02/01/29
911,686‌
1,000,000
Western
Digital
Corp
3
.100
02/01/32
861,037‌
TOTAL
TECHNOLOGY
HARDWARE
&
EQUIPMENT
164,864,070‌
TELECOMMUNICATION
SERVICES
-
1.0%
2,000,000
America
Movil
SAB
de
C.V.
3
.625
04/22/29
1,938,161‌
2,000,000
America
Movil
SAB
de
C.V.
2
.875
05/07/30
1,846,630‌
1,000,000
America
Movil
SAB
de
C.V.
4
.700
07/21/32
1,002,991‌
440,000
America
Movil
SAB
de
C.V.
6
.125
03/30/40
478,749‌
1,625,000
America
Movil
SAB
de
C.V.
4
.375
07/16/42
1,470,708‌
1,500,000
(a)
America
Movil
SAB
de
C.V.
4
.375
04/22/49
1,341,404‌
10,000,000
AT&T,
Inc
1
.700
03/25/26
9,625,684‌
1,000,000
AT&T,
Inc
2
.950
07/15/26
978,992‌
1,000,000
AT&T,
Inc
2
.300
06/01/27
954,937‌
1,150,000
AT&T,
Inc
1
.650
02/01/28
1,060,133‌
4,375,000
AT&T,
Inc
4
.350
03/01/29
4,401,464‌
1,000,000
AT&T,
Inc
4
.300
02/15/30
998,784‌
3,000,000
AT&T,
Inc
2
.250
02/01/32
2,575,029‌
10,855,000
AT&T,
Inc
2
.550
12/01/33
9,149,544‌
4,500,000
AT&T,
Inc
5
.400
02/15/34
4,721,726‌
1,825,000
AT&T,
Inc
4
.500
05/15/35
1,777,136‌
3,000,000
AT&T,
Inc
3
.500
06/01/41
2,455,200‌
300,000
AT&T,
Inc
4
.650
06/01/44
272,556‌
2,000,000
AT&T,
Inc
3
.650
06/01/51
1,533,658‌
10,860,000
AT&T,
Inc
3
.500
09/15/53
7,978,558‌
8,857,000
AT&T,
Inc
3
.550
09/15/55
6,478,316‌
9,844,000
AT&T,
Inc
3
.800
12/01/57
7,453,230‌
8,523,000
AT&T,
Inc
3
.650
09/15/59
6,183,915‌
1,000,000
AT&T,
Inc
3
.850
06/01/60
757,154‌
1,000,000
Bell
Telephone
Co
of
Canada
or
Bell
Canada
2
.150
02/15/32
846,962‌
500,000
Bell
Telephone
Co
of
Canada
or
Bell
Canada
5
.100
05/11/33
510,878‌
1,000,000
Bell
Telephone
Co
of
Canada
or
Bell
Canada
5
.200
02/15/34
1,028,198‌
750,000
Bell
Telephone
Co
of
Canada
or
Bell
Canada
4
.464
04/01/48
665,138‌
750,000
Bell
Telephone
Co
of
Canada
or
Bell
Canada
4
.300
07/29/49
648,765‌
1,000,000
Bell
Telephone
Co
of
Canada
or
Bell
Canada
3
.650
03/17/51
769,962‌
450,000
Bell
Telephone
Co
of
Canada
or
Bell
Canada
3
.200
02/15/52
317,318‌
1,000,000
Bell
Telephone
Co
of
Canada
or
Bell
Canada
3
.650
08/15/52
770,876‌
1,000,000
(a)
Bell
Telephone
Co
of
Canada
or
Bell
Canada
5
.550
02/15/54
1,044,564‌
1,750,000
British
Telecommunications
plc
5
.125
12/04/28
1,798,039‌
1,425,000
British
Telecommunications
plc
9
.625
12/15/30
1,799,509‌
3,690,000
Deutsche
Telekom
International
Finance
BV
8
.750
06/15/30
4,455,853‌
745,000
Orange
S.A.
9
.000
03/01/31
921,786‌
900,000
Orange
S.A.
5
.375
01/13/42
911,799‌
1,725,000
Orange
S.A.
5
.500
02/06/44
1,788,640‌
1,713,000
Rogers
Communications,
Inc
3
.625
12/15/25
1,693,607‌
200,000
Rogers
Communications,
Inc
2
.900
11/15/26
194,402‌
2,000,000
Rogers
Communications,
Inc
3
.200
03/15/27
1,947,134‌
1,000,000
Rogers
Communications,
Inc
5
.000
02/15/29
1,020,502‌
1,500,000
Rogers
Communications,
Inc
3
.800
03/15/32
1,391,736‌
1,500,000
Rogers
Communications,
Inc
5
.300
02/15/34
1,526,038‌
1,000,000
Rogers
Communications,
Inc
4
.500
03/15/42
898,488‌
125,000
Rogers
Communications,
Inc
4
.500
03/15/43
110,561‌
300,000
Rogers
Communications,
Inc
5
.450
10/01/43
298,063‌
600,000
Rogers
Communications,
Inc
5
.000
03/15/44
569,757‌
150,000
Rogers
Communications,
Inc
4
.300
02/15/48
125,913‌
1,500,000
Rogers
Communications,
Inc
4
.350
05/01/49
1,267,233‌
1,300,000
Rogers
Communications,
Inc
3
.700
11/15/49
979,252‌
2,000,000
Rogers
Communications,
Inc
4
.550
03/15/52
1,731,873‌
2,000,000
Sprint
Capital
Corp
6
.875
11/15/28
2,183,634‌
2,000,000
Sprint
Capital
Corp
8
.750
03/15/32
2,479,841‌
1,000,000
Sprint
LLC
7
.625
03/01/26
1,032,950‌
625,000
Telefonica
Emisiones
S.A.
7
.045
06/20/36
720,086‌
91
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
TELECOMMUNICATION
SERVICES
-
1.0%
(continued)
$
1,200,000
Telefonica
Emisiones
S.A.
4
.665
%
03/06/38
$
1,124,863‌
2,125,000
Telefonica
Emisiones
S.A.
5
.213
03/08/47
2,015,770‌
1,175,000
Telefonica
Emisiones
S.A.
4
.895
03/06/48
1,068,121‌
900,000
Telefonica
Emisiones
S.A.
5
.520
03/01/49
890,379‌
1,500,000
Telefonica
Emisiones
SAU
4
.103
03/08/27
1,493,620‌
567,000
Telefonica
Europe
BV
8
.250
09/15/30
667,433‌
325,000
TELUS
Corp
2
.800
02/16/27
313,468‌
300,000
TELUS
Corp
3
.700
09/15/27
294,615‌
1,000,000
(a)
TELUS
Corp
3
.400
05/13/32
915,355‌
500,000
TELUS
Corp
4
.600
11/16/48
439,826‌
750,000
TELUS
Corp
4
.300
06/15/49
626,010‌
2,500,000
T-Mobile
US,
Inc
5
.750
01/15/34
2,684,700‌
325,000
T-Mobile
US,
Inc
6
.000
06/15/54
358,080‌
4,000,000
T-Mobile
USA,
Inc
1
.500
02/15/26
3,846,549‌
1,000,000
T-Mobile
USA,
Inc
2
.625
04/15/26
974,525‌
4,000,000
T-Mobile
USA,
Inc
3
.750
04/15/27
3,951,931‌
3,500,000
T-Mobile
USA,
Inc
2
.050
02/15/28
3,260,485‌
1,500,000
T-Mobile
USA,
Inc
4
.950
03/15/28
1,534,339‌
1,000,000
T-Mobile
USA,
Inc
4
.800
07/15/28
1,018,917‌
2,000,000
T-Mobile
USA,
Inc
4
.850
01/15/29
2,042,077‌
1,000,000
T-Mobile
USA,
Inc
2
.625
02/15/29
931,502‌
1,000,000
T-Mobile
USA,
Inc
2
.400
03/15/29
920,974‌
1,000,000
T-Mobile
USA,
Inc
3
.375
04/15/29
959,759‌
1,000,000
T-Mobile
USA,
Inc
4
.200
10/01/29
995,653‌
825,000
T-Mobile
USA,
Inc
3
.875
04/15/30
802,288‌
1,500,000
T-Mobile
USA,
Inc
2
.550
02/15/31
1,336,957‌
1,500,000
T-Mobile
USA,
Inc
2
.250
11/15/31
1,294,199‌
1,000,000
T-Mobile
USA,
Inc
2
.700
03/15/32
882,025‌
4,000,000
T-Mobile
USA,
Inc
5
.200
01/15/33
4,145,032‌
1,425,000
T-Mobile
USA,
Inc
5
.050
07/15/33
1,460,615‌
1,150,000
T-Mobile
USA,
Inc
5
.150
04/15/34
1,184,717‌
2,000,000
T-Mobile
USA,
Inc
4
.700
01/15/35
1,992,987‌
650,000
T-Mobile
USA,
Inc
4
.375
04/15/40
599,379‌
1,350,000
T-Mobile
USA,
Inc
3
.000
02/15/41
1,036,796‌
3,875,000
T-Mobile
USA,
Inc
4
.500
04/15/50
3,446,626‌
2,500,000
T-Mobile
USA,
Inc
3
.300
02/15/51
1,814,866‌
2,500,000
T-Mobile
USA,
Inc
3
.400
10/15/52
1,829,963‌
4,000,000
T-Mobile
USA,
Inc
5
.650
01/15/53
4,205,765‌
575,000
T-Mobile
USA,
Inc
5
.500
01/15/55
595,638‌
3,000,000
T-Mobile
USA,
Inc
5
.250
06/15/55
2,985,160‌
1,500,000
T-Mobile
USA,
Inc
3
.600
11/15/60
1,090,431‌
2,000,000
T-Mobile
USA,
Inc
5
.800
09/15/62
2,122,070‌
1,000,000
Verizon
Communications,
Inc
0
.850
11/20/25
960,855‌
1,000,000
Verizon
Communications,
Inc
1
.450
03/20/26
959,101‌
1,000,000
Verizon
Communications,
Inc
4
.125
03/16/27
998,564‌
2,625,000
Verizon
Communications,
Inc
3
.000
03/22/27
2,559,439‌
5,000,000
Verizon
Communications,
Inc
2
.100
03/22/28
4,665,173‌
4,641,000
Verizon
Communications,
Inc
4
.329
09/21/28
4,666,164‌
350,000
Verizon
Communications,
Inc
3
.875
02/08/29
345,291‌
9,005,000
Verizon
Communications,
Inc
4
.016
12/03/29
8,873,676‌
200,000
Verizon
Communications,
Inc
3
.150
03/22/30
188,468‌
1,550,000
Verizon
Communications,
Inc
1
.500
09/18/30
1,329,868‌
1,533,000
Verizon
Communications,
Inc
1
.680
10/30/30
1,311,352‌
3,000,000
Verizon
Communications,
Inc
1
.750
01/20/31
2,559,261‌
2,635,000
Verizon
Communications,
Inc
2
.550
03/21/31
2,352,836‌
11,355,000
Verizon
Communications,
Inc
2
.355
03/15/32
9,782,800‌
2,000,000
Verizon
Communications,
Inc
5
.050
05/09/33
2,064,166‌
1,000,000
(c)
Verizon
Communications,
Inc
4
.780
02/15/35
998,564‌
2,000,000
Verizon
Communications,
Inc
2
.650
11/20/40
1,473,623‌
1,350,000
Verizon
Communications,
Inc
3
.400
03/22/41
1,102,528‌
1,000,000
Verizon
Communications,
Inc
2
.850
09/03/41
752,102‌
150,000
Verizon
Communications,
Inc
4
.000
03/22/50
124,998‌
Bond
Index
92
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
TELECOMMUNICATION
SERVICES
-
1.0%
(continued)
$
4,000,000
Verizon
Communications,
Inc
2
.875
%
11/20/50
$
2,712,707‌
5,225,000
Verizon
Communications,
Inc
3
.550
03/22/51
4,046,113‌
1,000,000
Verizon
Communications,
Inc
3
.875
03/01/52
819,736‌
1,500,000
Verizon
Communications,
Inc
5
.500
02/23/54
1,572,479‌
8,764,000
Verizon
Communications,
Inc
2
.987
10/30/56
5,748,462‌
2,000,000
Verizon
Communications,
Inc
3
.000
11/20/60
1,290,801‌
6,000,000
Verizon
Communications,
Inc
3
.700
03/22/61
4,540,810‌
683,000
Vodafone
Group
plc
6
.150
02/27/37
752,661‌
1,000,000
Vodafone
Group
plc
4
.875
06/19/49
919,185‌
1,500,000
Vodafone
Group
plc
4
.250
09/17/50
1,251,521‌
825,000
Vodafone
Group
plc
5
.625
02/10/53
839,767‌
3,000,000
Vodafone
Group
plc
5
.750
06/28/54
3,105,740‌
500,000
(a)
Vodafone
Group
plc
5
.125
06/19/59
465,506‌
1,500,000
Vodafone
Group
plc
5
.750
02/10/63
1,513,893‌
1,500,000
Vodafone
Group
plc
5
.875
06/28/64
1,547,095‌
TOTAL
TELECOMMUNICATION
SERVICES
261,233,786‌
TRANSPORTATION
-
0.5%
357,101
American
Airlines
2
.875
07/11/34
311,159‌
300,000
Burlington
Northern
Santa
Fe
LLC
3
.000
04/01/25
297,378‌
700,000
Burlington
Northern
Santa
Fe
LLC
3
.650
09/01/25
696,382‌
660,000
Burlington
Northern
Santa
Fe
LLC
5
.750
05/01/40
721,265‌
250,000
Burlington
Northern
Santa
Fe
LLC
5
.050
03/01/41
253,777‌
200,000
Burlington
Northern
Santa
Fe
LLC
4
.400
03/15/42
187,409‌
300,000
Burlington
Northern
Santa
Fe
LLC
4
.450
03/15/43
281,943‌
500,000
Burlington
Northern
Santa
Fe
LLC
5
.150
09/01/43
516,825‌
500,000
Burlington
Northern
Santa
Fe
LLC
4
.900
04/01/44
496,338‌
600,000
Burlington
Northern
Santa
Fe
LLC
4
.550
09/01/44
566,510‌
1,275,000
Burlington
Northern
Santa
Fe
LLC
4
.150
04/01/45
1,138,550‌
200,000
Burlington
Northern
Santa
Fe
LLC
4
.700
09/01/45
191,791‌
1,150,000
Burlington
Northern
Santa
Fe
LLC
3
.900
08/01/46
979,616‌
400,000
Burlington
Northern
Santa
Fe
LLC
4
.125
06/15/47
351,872‌
1,675,000
Burlington
Northern
Santa
Fe
LLC
4
.050
06/15/48
1,460,410‌
1,025,000
Burlington
Northern
Santa
Fe
LLC
4
.150
12/15/48
902,893‌
750,000
Burlington
Northern
Santa
Fe
LLC
3
.550
02/15/50
598,611‌
750,000
Burlington
Northern
Santa
Fe
LLC
3
.050
02/15/51
540,426‌
4,000,000
Burlington
Northern
Santa
Fe
LLC
3
.300
09/15/51
3,025,819‌
1,000,000
Burlington
Northern
Santa
Fe
LLC
4
.450
01/15/53
926,652‌
1,500,000
Burlington
Northern
Santa
Fe
LLC
5
.200
04/15/54
1,550,555‌
1,500,000
Burlington
Northern
Santa
Fe
LLC
5
.500
03/15/55
1,617,911‌
200,000
Canadian
National
Railway
Co
2
.950
11/21/24
199,337‌
200,000
Canadian
National
Railway
Co
6
.900
07/15/28
219,969‌
500,000
Canadian
National
Railway
Co
3
.850
08/05/32
482,953‌
500,000
Canadian
National
Railway
Co
5
.850
11/01/33
551,623‌
200,000
Canadian
National
Railway
Co
6
.250
08/01/34
228,100‌
1,000,000
Canadian
National
Railway
Co
4
.375
09/18/34
992,263‌
250,000
Canadian
National
Railway
Co
3
.500
11/15/42
201,158‌
100,000
Canadian
National
Railway
Co
4
.500
11/07/43
91,697‌
650,000
Canadian
National
Railway
Co
3
.200
08/02/46
500,676‌
725,000
Canadian
National
Railway
Co
3
.650
02/03/48
598,212‌
325,000
Canadian
National
Railway
Co
4
.450
01/20/49
301,733‌
400,000
Canadian
National
Railway
Co
2
.450
05/01/50
257,834‌
1,500,000
Canadian
National
Railway
Co
4
.400
08/05/52
1,385,027‌
500,000
Canadian
National
Railway
Co
6
.125
11/01/53
593,387‌
100,000
Canadian
Pacific
Railway
Co
3
.125
06/01/26
97,793‌
2,000,000
Canadian
Pacific
Railway
Co
1
.750
12/02/26
1,902,895‌
300,000
Canadian
Pacific
Railway
Co
4
.000
06/01/28
298,452‌
500,000
Canadian
Pacific
Railway
Co
2
.875
11/15/29
469,678‌
100,000
Canadian
Pacific
Railway
Co
2
.050
03/05/30
89,503‌
200,000
Canadian
Pacific
Railway
Co
7
.125
10/15/31
231,525‌
600,000
Canadian
Pacific
Railway
Co
2
.450
12/02/31
527,963‌
250,000
Canadian
Pacific
Railway
Co
5
.950
05/15/37
271,864‌
475,000
Canadian
Pacific
Railway
Co
3
.000
12/02/41
368,963‌
93
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
TRANSPORTATION
-
0.5%
(continued)
$
100,000
Canadian
Pacific
Railway
Co
4
.300
%
05/15/43
$
90,337‌
175,000
Canadian
Pacific
Railway
Co
4
.950
08/15/45
169,513‌
800,000
Canadian
Pacific
Railway
Co
4
.700
05/01/48
750,177‌
500,000
Canadian
Pacific
Railway
Co
3
.500
05/01/50
388,968‌
2,000,000
Canadian
Pacific
Railway
Co
3
.100
12/02/51
1,427,710‌
500,000
Canadian
Pacific
Railway
Co
4
.200
11/15/69
404,021‌
1,275,000
Canadian
Pacific
Railway
Co
6
.125
09/15/15
1,403,868‌
400,000
CH
Robinson
Worldwide,
Inc
4
.200
04/15/28
397,617‌
200,000
CSX
Corp
3
.350
11/01/25
198,023‌
1,200,000
CSX
Corp
2
.600
11/01/26
1,167,011‌
825,000
CSX
Corp
4
.250
03/15/29
831,368‌
600,000
CSX
Corp
2
.400
02/15/30
549,384‌
850,000
CSX
Corp
4
.100
11/15/32
836,206‌
2,000,000
(a)
CSX
Corp
5
.200
11/15/33
2,108,778‌
100,000
CSX
Corp
6
.000
10/01/36
111,465‌
200,000
CSX
Corp
6
.150
05/01/37
225,699‌
400,000
CSX
Corp
5
.500
04/15/41
421,081‌
350,000
CSX
Corp
4
.400
03/01/43
322,598‌
600,000
CSX
Corp
4
.100
03/15/44
533,857‌
800,000
CSX
Corp
3
.800
11/01/46
669,637‌
1,050,000
CSX
Corp
4
.300
03/01/48
942,424‌
850,000
CSX
Corp
4
.750
11/15/48
816,486‌
500,000
CSX
Corp
4
.500
03/15/49
462,740‌
600,000
CSX
Corp
3
.350
09/15/49
457,014‌
1,000,000
CSX
Corp
3
.800
04/15/50
823,313‌
200,000
CSX
Corp
3
.950
05/01/50
168,859‌
800,000
CSX
Corp
2
.500
05/15/51
513,050‌
750,000
CSX
Corp
4
.500
11/15/52
693,332‌
300,000
CSX
Corp
4
.500
08/01/54
276,155‌
625,000
CSX
Corp
4
.900
03/15/55
614,171‌
150,000
CSX
Corp
4
.250
11/01/66
126,941‌
800,000
CSX
Corp
4
.650
03/01/68
732,427‌
500,000
FedEx
Corp
3
.250
04/01/26
492,740‌
500,000
FedEx
Corp
4
.200
10/17/28
500,721‌
1,000,000
FedEx
Corp
3
.100
08/05/29
950,591‌
500,000
FedEx
Corp
4
.250
05/15/30
499,897‌
1,500,000
FedEx
Corp
2
.400
05/15/31
1,327,246‌
1,000,000
FedEx
Corp
4
.900
01/15/34
1,020,426‌
200,000
FedEx
Corp
3
.900
02/01/35
186,247‌
3,000,000
(a)
FedEx
Corp
3
.250
05/15/41
2,336,826‌
275,000
FedEx
Corp
5
.100
01/15/44
267,966‌
1,100,000
FedEx
Corp
4
.750
11/15/45
1,010,919‌
600,000
FedEx
Corp
4
.550
04/01/46
535,070‌
450,000
FedEx
Corp
4
.400
01/15/47
392,897‌
900,000
FedEx
Corp
4
.050
02/15/48
743,272‌
500,000
FedEx
Corp
4
.950
10/17/48
470,248‌
1,500,000
(a)
FedEx
Corp
5
.250
05/15/50
1,479,645‌
200,000
FedEx
Corp
4
.500
02/01/65
167,772‌
1,000,000
GXO
Logistics,
Inc
1
.650
07/15/26
950,760‌
1,000,000
GXO
Logistics,
Inc
6
.250
05/06/29
1,052,446‌
1,000,000
GXO
Logistics,
Inc
6
.500
05/06/34
1,063,855‌
500,000
JB
Hunt
Transport
Services,
Inc
3
.875
03/01/26
496,966‌
350,000
Kirby
Corp
4
.200
03/01/28
346,217‌
350,000
Norfolk
Southern
Corp
2
.900
06/15/26
342,846‌
300,000
Norfolk
Southern
Corp
3
.150
06/01/27
292,539‌
700,000
Norfolk
Southern
Corp
3
.800
08/01/28
693,256‌
1,000,000
Norfolk
Southern
Corp
5
.050
08/01/30
1,040,882‌
1,000,000
Norfolk
Southern
Corp
3
.000
03/15/32
911,071‌
1,000,000
Norfolk
Southern
Corp
4
.450
03/01/33
997,216‌
500,000
Norfolk
Southern
Corp
5
.550
03/15/34
536,322‌
16,000
Norfolk
Southern
Corp
4
.837
10/01/41
15,662‌
300,000
Norfolk
Southern
Corp
4
.450
06/15/45
274,868‌
Bond
Index
94
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
TRANSPORTATION
-
0.5%
(continued)
$
200,000
Norfolk
Southern
Corp
4
.650
%
01/15/46
$
187,844‌
303,000
Norfolk
Southern
Corp
3
.942
11/01/47
252,055‌
1,450,000
Norfolk
Southern
Corp
4
.150
02/28/48
1,252,318‌
500,000
Norfolk
Southern
Corp
4
.100
05/15/49
424,488‌
500,000
Norfolk
Southern
Corp
3
.400
11/01/49
375,622‌
1,000,000
Norfolk
Southern
Corp
3
.050
05/15/50
704,423‌
1,000,000
Norfolk
Southern
Corp
2
.900
08/25/51
673,616‌
175,000
Norfolk
Southern
Corp
4
.050
08/15/52
146,047‌
1,000,000
Norfolk
Southern
Corp
3
.700
03/15/53
785,596‌
300,000
Norfolk
Southern
Corp
4
.550
06/01/53
272,344‌
1,000,000
Norfolk
Southern
Corp
5
.350
08/01/54
1,027,394‌
1,170,000
Norfolk
Southern
Corp
3
.155
05/15/55
810,614‌
200,000
Norfolk
Southern
Corp
5
.950
03/15/64
221,465‌
1,000,000
Norfolk
Southern
Corp
4
.100
05/15/21
756,619‌
500,000
Ryder
System,
Inc
3
.350
09/01/25
494,190‌
1,000,000
Ryder
System,
Inc
1
.750
09/01/26
951,089‌
500,000
Ryder
System,
Inc
2
.900
12/01/26
485,290‌
1,000,000
Ryder
System,
Inc
2
.850
03/01/27
966,928‌
1,000,000
Ryder
System,
Inc
5
.650
03/01/28
1,042,087‌
1,500,000
Ryder
System,
Inc
5
.375
03/15/29
1,557,151‌
500,000
Ryder
System,
Inc
5
.500
06/01/29
521,429‌
1,000,000
Ryder
System,
Inc
4
.950
09/01/29
1,019,709‌
200,000
Southwest
Airlines
Co
3
.000
11/15/26
194,174‌
1,000,000
Southwest
Airlines
Co
5
.125
06/15/27
1,018,435‌
200,000
Southwest
Airlines
Co
3
.450
11/16/27
193,427‌
300,000
Southwest
Airlines
Co
2
.625
02/10/30
271,802‌
1,500,000
Uber
Technologies,
Inc
4
.300
01/15/30
1,494,676‌
1,500,000
Uber
Technologies,
Inc
4
.800
09/15/34
1,497,922‌
1,500,000
Uber
Technologies,
Inc
5
.350
09/15/54
1,487,699‌
200,000
Union
Pacific
Corp
3
.250
01/15/25
198,966‌
500,000
Union
Pacific
Corp
3
.750
07/15/25
497,355‌
200,000
Union
Pacific
Corp
3
.250
08/15/25
198,273‌
300,000
Union
Pacific
Corp
2
.750
03/01/26
294,453‌
2,500,000
Union
Pacific
Corp
2
.375
05/20/31
2,242,859‌
1,000,000
Union
Pacific
Corp
2
.800
02/14/32
909,806‌
500,000
Union
Pacific
Corp
4
.500
01/20/33
505,437‌
100,000
Union
Pacific
Corp
3
.375
02/01/35
91,226‌
2,525,000
Union
Pacific
Corp
2
.891
04/06/36
2,172,580‌
100,000
Union
Pacific
Corp
3
.600
09/15/37
89,735‌
500,000
Union
Pacific
Corp
3
.550
08/15/39
436,637‌
1,500,000
Union
Pacific
Corp
3
.200
05/20/41
1,215,319‌
500,000
Union
Pacific
Corp
3
.375
02/14/42
410,377‌
200,000
Union
Pacific
Corp
3
.350
08/15/46
155,735‌
300,000
Union
Pacific
Corp
4
.000
04/15/47
257,630‌
4,000,000
Union
Pacific
Corp
3
.250
02/05/50
3,018,931‌
1,070,000
Union
Pacific
Corp
3
.799
10/01/51
882,075‌
500,000
Union
Pacific
Corp
2
.950
03/10/52
351,376‌
1,000,000
Union
Pacific
Corp
3
.500
02/14/53
779,110‌
1,000,000
Union
Pacific
Corp
4
.950
05/15/53
1,002,112‌
200,000
Union
Pacific
Corp
3
.875
02/01/55
165,154‌
300,000
Union
Pacific
Corp
3
.950
08/15/59
245,198‌
1,000,000
Union
Pacific
Corp
3
.839
03/20/60
798,991‌
1,500,000
Union
Pacific
Corp
3
.550
05/20/61
1,110,967‌
2,000,000
Union
Pacific
Corp
2
.973
09/16/62
1,292,156‌
200,000
Union
Pacific
Corp
4
.100
09/15/67
163,921‌
500,000
Union
Pacific
Corp
3
.750
02/05/70
378,552‌
500,000
Union
Pacific
Corp
3
.799
04/06/71
384,809‌
500,000
Union
Pacific
Corp
3
.850
02/14/72
388,264‌
625,000
United
Airlines
2024-
Class
AA
Pass
Through
Trust
5
.450
08/15/38
650,437‌
1,000,000
United
Airlines
2024-1
Class
A
Pass
Through
Trust
5
.875
02/15/37
1,030,219‌
125,000
United
Parcel
Service,
Inc
2
.400
11/15/26
121,079‌
875,000
United
Parcel
Service,
Inc
3
.050
11/15/27
851,100‌
95
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
TRANSPORTATION
-
0.5%
(continued)
$
500,000
United
Parcel
Service,
Inc
3
.400
%
03/15/29
$
487,900‌
500,000
United
Parcel
Service,
Inc
2
.500
09/01/29
466,126‌
750,000
United
Parcel
Service,
Inc
4
.450
04/01/30
764,837‌
2,000,000
(a)
United
Parcel
Service,
Inc
4
.875
03/03/33
2,069,503‌
1,000,000
United
Parcel
Service,
Inc
5
.150
05/22/34
1,051,043‌
510,000
United
Parcel
Service,
Inc
6
.200
01/15/38
583,504‌
450,000
United
Parcel
Service,
Inc
3
.625
10/01/42
375,938‌
400,000
United
Parcel
Service,
Inc
3
.400
11/15/46
317,639‌
1,550,000
United
Parcel
Service,
Inc
3
.750
11/15/47
1,274,204‌
300,000
United
Parcel
Service,
Inc
4
.250
03/15/49
265,859‌
500,000
United
Parcel
Service,
Inc
3
.400
09/01/49
387,975‌
1,630,000
United
Parcel
Service,
Inc
5
.300
04/01/50
1,694,995‌
1,000,000
United
Parcel
Service,
Inc
5
.050
03/03/53
1,000,908‌
800,000
(a)
United
Parcel
Service,
Inc
5
.500
05/22/54
853,281‌
1,000,000
United
Parcel
Service,
Inc
5
.600
05/22/64
1,071,496‌
TOTAL
TRANSPORTATION
126,550,816‌
UTILITIES
-
2.4%
200,000
AEP
Texas,
Inc
3
.950
06/01/28
197,370‌
1,000,000
AEP
Texas,
Inc
5
.450
05/15/29
1,043,028‌
550,000
AEP
Texas,
Inc
2
.100
07/01/30
484,623‌
500,000
AEP
Texas,
Inc
4
.700
05/15/32
501,779‌
1,000,000
AEP
Texas,
Inc
5
.700
05/15/34
1,050,991‌
200,000
AEP
Texas,
Inc
3
.800
10/01/47
154,555‌
100,000
AEP
Texas,
Inc
4
.150
05/01/49
82,133‌
850,000
AEP
Texas,
Inc
3
.450
05/15/51
608,132‌
1,000,000
AEP
Transmission
Co
LLC
5
.150
04/01/34
1,036,379‌
600,000
AEP
Transmission
Co
LLC
4
.000
12/01/46
513,656‌
500,000
AEP
Transmission
Co
LLC
3
.750
12/01/47
405,041‌
200,000
AEP
Transmission
Co
LLC
4
.250
09/15/48
174,506‌
300,000
AEP
Transmission
Co
LLC
3
.800
06/15/49
241,040‌
550,000
AEP
Transmission
Co
LLC
2
.750
08/15/51
363,145‌
300,000
AEP
Transmission
Co
LLC
5
.400
03/15/53
310,806‌
600,000
AES
Corp
1
.375
01/15/26
575,779‌
1,000,000
AES
Corp
5
.450
06/01/28
1,029,388‌
675,000
AES
Corp
2
.450
01/15/31
584,589‌
575,000
Alabama
Power
Co
1
.450
09/15/30
491,976‌
500,000
Alabama
Power
Co
5
.850
11/15/33
544,998‌
200,000
Alabama
Power
Co
3
.850
12/01/42
171,613‌
400,000
Alabama
Power
Co
3
.750
03/01/45
332,966‌
300,000
Alabama
Power
Co
4
.300
01/02/46
266,329‌
350,000
Alabama
Power
Co
3
.700
12/01/47
282,859‌
1,000,000
Alabama
Power
Co
4
.300
07/15/48
887,531‌
1,000,000
Alabama
Power
Co
3
.125
07/15/51
711,643‌
1,000,000
Alabama
Power
Co
3
.000
03/15/52
702,231‌
400,000
Algonquin
Power
&
Utilities
Corp
5
.365
06/15/26
404,834‌
2,000,000
Ameren
Corp
1
.750
03/15/28
1,838,810‌
1,000,000
Ameren
Corp
5
.000
01/15/29
1,023,673‌
300,000
Ameren
Illinois
Co
3
.800
05/15/28
296,710‌
750,000
Ameren
Illinois
Co
1
.550
11/15/30
642,143‌
500,000
Ameren
Illinois
Co
3
.850
09/01/32
477,883‌
725,000
Ameren
Illinois
Co
4
.950
06/01/33
745,847‌
125,000
Ameren
Illinois
Co
4
.150
03/15/46
108,944‌
1,150,000
Ameren
Illinois
Co
3
.700
12/01/47
937,124‌
575,000
Ameren
Illinois
Co
4
.500
03/15/49
528,822‌
325,000
Ameren
Illinois
Co
2
.900
06/15/51
222,447‌
325,000
Ameren
Illinois
Co
5
.900
12/01/52
361,985‌
350,000
American
Electric
Power
Co,
Inc
3
.200
11/13/27
338,822‌
700,000
American
Electric
Power
Co,
Inc
4
.300
12/01/28
699,220‌
2,000,000
American
Electric
Power
Co,
Inc
5
.200
01/15/29
2,063,934‌
500,000
American
Electric
Power
Co,
Inc
2
.300
03/01/30
449,272‌
1,000,000
(a)
American
Electric
Power
Co,
Inc
5
.625
03/01/33
1,055,048‌
500,000
American
Electric
Power
Co,
Inc
6
.950
12/15/54
532,080‌
Bond
Index
96
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
UTILITIES
-
2.4%
(continued)
$
500,000
(a)
American
Electric
Power
Co,
Inc
7
.050
%
12/15/54
$
525,648‌
1,000,000
American
Electric
Power
Co,
Inc
3
.875
02/15/62
943,100‌
200,000
American
Water
Capital
Corp
2
.950
09/01/27
194,201‌
500,000
American
Water
Capital
Corp
3
.750
09/01/28
492,721‌
750,000
American
Water
Capital
Corp
3
.450
06/01/29
725,134‌
100,000
American
Water
Capital
Corp
2
.800
05/01/30
92,786‌
1,250,000
American
Water
Capital
Corp
2
.300
06/01/31
1,097,346‌
1,000,000
American
Water
Capital
Corp
5
.150
03/01/34
1,043,020‌
225,000
American
Water
Capital
Corp
4
.300
12/01/42
205,543‌
150,000
American
Water
Capital
Corp
4
.300
09/01/45
134,720‌
100,000
American
Water
Capital
Corp
4
.000
12/01/46
85,640‌
1,175,000
American
Water
Capital
Corp
3
.750
09/01/47
957,874‌
500,000
American
Water
Capital
Corp
4
.200
09/01/48
435,661‌
500,000
American
Water
Capital
Corp
4
.150
06/01/49
430,158‌
675,000
American
Water
Capital
Corp
3
.450
05/01/50
517,291‌
1,250,000
American
Water
Capital
Corp
3
.250
06/01/51
917,490‌
1,000,000
American
Water
Capital
Corp
5
.450
03/01/54
1,050,301‌
1,000,000
Appalachian
Power
Co
2
.700
04/01/31
892,512‌
500,000
Appalachian
Power
Co
4
.500
08/01/32
493,297‌
1,000,000
Appalachian
Power
Co
5
.650
04/01/34
1,051,529‌
300,000
Appalachian
Power
Co
4
.500
03/01/49
261,846‌
775,000
Appalachian
Power
Co
3
.700
05/01/50
586,209‌
200,000
Arizona
Public
Service
Co
2
.950
09/15/27
192,711‌
1,000,000
Arizona
Public
Service
Co
2
.600
08/15/29
924,614‌
750,000
Arizona
Public
Service
Co
6
.350
12/15/32
824,514‌
750,000
Arizona
Public
Service
Co
5
.550
08/01/33
781,926‌
1,000,000
Arizona
Public
Service
Co
5
.700
08/15/34
1,055,728‌
350,000
Arizona
Public
Service
Co
4
.500
04/01/42
315,742‌
200,000
Arizona
Public
Service
Co
4
.350
11/15/45
173,698‌
410,000
Arizona
Public
Service
Co
3
.750
05/15/46
324,595‌
200,000
Arizona
Public
Service
Co
4
.200
08/15/48
167,333‌
200,000
Arizona
Public
Service
Co
4
.250
03/01/49
168,408‌
300,000
Arizona
Public
Service
Co
3
.500
12/01/49
220,646‌
500,000
Arizona
Public
Service
Co
3
.350
05/15/50
365,298‌
750,000
Arizona
Public
Service
Co
2
.650
09/15/50
471,148‌
900,000
Atlantic
City
Electric
Co
4
.000
10/15/28
895,946‌
425,000
Atlantic
City
Electric
Co
2
.300
03/15/31
373,946‌
1,000,000
Atmos
Energy
Corp
2
.625
09/15/29
933,971‌
750,000
Atmos
Energy
Corp
1
.500
01/15/31
635,287‌
175,000
Atmos
Energy
Corp
5
.450
10/15/32
186,554‌
1,500,000
Atmos
Energy
Corp
5
.900
11/15/33
1,648,358‌
100,000
Atmos
Energy
Corp
5
.500
06/15/41
104,845‌
125,000
Atmos
Energy
Corp
4
.150
01/15/43
111,733‌
600,000
Atmos
Energy
Corp
4
.125
10/15/44
530,199‌
500,000
Atmos
Energy
Corp
4
.300
10/01/48
441,449‌
300,000
Atmos
Energy
Corp
4
.125
03/15/49
256,637‌
1,500,000
Atmos
Energy
Corp
2
.850
02/15/52
1,009,053‌
500,000
Atmos
Energy
Corp
5
.750
10/15/52
547,236‌
125,000
Atmos
Energy
Corp
6
.200
11/15/53
144,091‌
400,000
(e)
Atmos
Energy
Corp
5
.000
12/15/54
390,686‌
625,000
Avangrid,
Inc
3
.800
06/01/29
607,788‌
150,000
Avista
Corp
4
.350
06/01/48
131,543‌
550,000
Avista
Corp
4
.000
04/01/52
444,791‌
1,500,000
Baltimore
Gas
and
Electric
Co
2
.250
06/15/31
1,318,039‌
1,000,000
Baltimore
Gas
and
Electric
Co
5
.300
06/01/34
1,047,701‌
150,000
Baltimore
Gas
and
Electric
Co
3
.500
08/15/46
117,710‌
200,000
Baltimore
Gas
and
Electric
Co
3
.750
08/15/47
162,050‌
200,000
Baltimore
Gas
and
Electric
Co
4
.250
09/15/48
175,484‌
500,000
Baltimore
Gas
and
Electric
Co
3
.200
09/15/49
360,397‌
775,000
Baltimore
Gas
and
Electric
Co
2
.900
06/15/50
531,536‌
500,000
Baltimore
Gas
and
Electric
Co
4
.550
06/01/52
451,504‌
500,000
Baltimore
Gas
and
Electric
Co
5
.400
06/01/53
518,106‌
97
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
UTILITIES
-
2.4%
(continued)
$
1,000,000
Baltimore
Gas
and
Electric
Co
5
.650
%
06/01/54
$
1,075,988‌
175,000
Berkshire
Hathaway
Energy
Co
3
.250
04/15/28
170,412‌
2,500,000
Berkshire
Hathaway
Energy
Co
1
.650
05/15/31
2,114,315‌
950,000
Berkshire
Hathaway
Energy
Co
6
.125
04/01/36
1,049,336‌
1,032,000
Berkshire
Hathaway
Energy
Co
5
.950
05/15/37
1,124,189‌
725,000
Berkshire
Hathaway
Energy
Co
5
.150
11/15/43
730,904‌
975,000
Berkshire
Hathaway
Energy
Co
4
.500
02/01/45
913,958‌
1,250,000
Berkshire
Hathaway
Energy
Co
3
.800
07/15/48
993,853‌
1,025,000
Berkshire
Hathaway
Energy
Co
4
.450
01/15/49
909,981‌
2,500,000
Berkshire
Hathaway
Energy
Co
2
.850
05/15/51
1,691,666‌
1,500,000
Black
Hills
Corp
5
.950
03/15/28
1,574,027‌
550,000
Black
Hills
Corp
2
.500
06/15/30
488,361‌
300,000
Black
Hills
Corp
4
.350
05/01/33
287,708‌
1,000,000
Black
Hills
Corp
6
.150
05/15/34
1,078,817‌
1,000,000
Black
Hills
Corp
6
.000
01/15/35
1,064,820‌
200,000
Black
Hills
Corp
4
.200
09/15/46
167,530‌
200,000
CenterPoint
Energy
Houston
Electric
LLC
2
.400
09/01/26
193,483‌
300,000
CenterPoint
Energy
Houston
Electric
LLC
3
.000
02/01/27
292,425‌
1,500,000
CenterPoint
Energy
Houston
Electric
LLC
5
.200
10/01/28
1,559,469‌
275,000
CenterPoint
Energy
Houston
Electric
LLC
2
.350
04/01/31
241,656‌
100,000
CenterPoint
Energy
Houston
Electric
LLC
6
.950
03/15/33
115,125‌
500,000
CenterPoint
Energy
Houston
Electric
LLC
4
.950
04/01/33
509,954‌
1,000,000
CenterPoint
Energy
Houston
Electric
LLC
5
.150
03/01/34
1,035,254‌
300,000
CenterPoint
Energy
Houston
Electric
LLC
3
.950
03/01/48
248,034‌
150,000
CenterPoint
Energy
Houston
Electric
LLC
2
.900
07/01/50
102,115‌
875,000
CenterPoint
Energy
Houston
Electric
LLC
3
.350
04/01/51
650,790‌
500,000
CenterPoint
Energy
Houston
Electric
LLC
3
.600
03/01/52
388,308‌
100,000
CenterPoint
Energy
Houston
Electric
LLC
5
.300
04/01/53
101,719‌
1,000,000
CenterPoint
Energy
Resources
Corp
5
.250
03/01/28
1,032,536‌
200,000
CenterPoint
Energy
Resources
Corp
4
.000
04/01/28
197,942‌
575,000
CenterPoint
Energy
Resources
Corp
1
.750
10/01/30
494,458‌
500,000
CenterPoint
Energy
Resources
Corp
4
.400
07/01/32
492,299‌
1,000,000
CenterPoint
Energy
Resources
Corp
5
.400
03/01/33
1,054,203‌
1,000,000
CenterPoint
Energy
Resources
Corp
5
.400
07/01/34
1,039,992‌
700,000
CenterPoint
Energy
Resources
Corp
4
.100
09/01/47
583,244‌
135,000
CenterPoint
Energy,
Inc
4
.250
11/01/28
133,414‌
1,000,000
CenterPoint
Energy,
Inc
5
.400
06/01/29
1,038,267‌
750,000
CenterPoint
Energy,
Inc
2
.950
03/01/30
692,592‌
1,000,000
CenterPoint
Energy,
Inc
2
.650
06/01/31
885,237‌
500,000
CenterPoint
Energy,
Inc
3
.700
09/01/49
383,899‌
500,000
CenterPoint
Energy,
Inc
6
.850
02/15/55
515,582‌
500,000
(a)
CenterPoint
Energy,
Inc
7
.000
02/15/55
519,368‌
425,000
Cleco
Corporate
Holdings
LLC
3
.743
05/01/26
418,314‌
300,000
Cleco
Corporate
Holdings
LLC
3
.375
09/15/29
275,152‌
200,000
Cleco
Corporate
Holdings
LLC
4
.973
05/01/46
177,472‌
1,000,000
Cleco
Securitization
I
LLC
4
.646
09/01/42
1,000,406‌
790,000
CMS
Energy
Corp
3
.450
08/15/27
774,286‌
1,000,000
CMS
Energy
Corp
3
.750
12/01/50
873,422‌
300,000
Commonwealth
Edison
Co
3
.700
08/15/28
296,058‌
500,000
Commonwealth
Edison
Co
2
.200
03/01/30
451,224‌
1,000,000
Commonwealth
Edison
Co
3
.150
03/15/32
912,590‌
1,000,000
Commonwealth
Edison
Co
4
.900
02/01/33
1,024,856‌
1,000,000
Commonwealth
Edison
Co
5
.300
06/01/34
1,053,315‌
200,000
Commonwealth
Edison
Co
3
.800
10/01/42
169,529‌
300,000
Commonwealth
Edison
Co
4
.700
01/15/44
283,958‌
100,000
Commonwealth
Edison
Co
3
.700
03/01/45
82,359‌
250,000
Commonwealth
Edison
Co
3
.650
06/15/46
203,330‌
400,000
Commonwealth
Edison
Co
3
.750
08/15/47
325,000‌
1,175,000
Commonwealth
Edison
Co
4
.000
03/01/48
994,019‌
1,300,000
Commonwealth
Edison
Co
4
.000
03/01/49
1,085,391‌
500,000
Commonwealth
Edison
Co
3
.200
11/15/49
360,355‌
500,000
Commonwealth
Edison
Co
3
.000
03/01/50
349,358‌
Bond
Index
98
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
UTILITIES
-
2.4%
(continued)
$
1,000,000
Commonwealth
Edison
Co
3
.125
%
03/15/51
$
712,659‌
500,000
Commonwealth
Edison
Co
2
.750
09/01/51
329,959‌
500,000
Commonwealth
Edison
Co
5
.300
02/01/53
512,800‌
500,000
Commonwealth
Edison
Co
5
.650
06/01/54
537,579‌
625,000
Connecticut
Light
and
Power
Co
3
.200
03/15/27
613,552‌
400,000
Connecticut
Light
and
Power
Co
4
.650
01/01/29
406,745‌
500,000
Connecticut
Light
and
Power
Co
2
.050
07/01/31
431,510‌
1,000,000
Connecticut
Light
and
Power
Co
4
.900
07/01/33
1,023,510‌
1,000,000
Connecticut
Light
and
Power
Co
4
.950
08/15/34
1,028,211‌
400,000
Connecticut
Light
and
Power
Co
4
.300
04/15/44
361,830‌
250,000
Connecticut
Light
and
Power
Co
4
.150
06/01/45
219,426‌
775,000
Connecticut
Light
and
Power
Co
4
.000
04/01/48
661,607‌
500,000
Connecticut
Light
and
Power
Co
5
.250
01/15/53
511,250‌
200,000
Consolidated
Edison
Co
of
New
York,
Inc
3
.800
05/15/28
198,005‌
300,000
Consolidated
Edison
Co
of
New
York,
Inc
4
.000
12/01/28
299,320‌
100,000
Consolidated
Edison
Co
of
New
York,
Inc
3
.350
04/01/30
96,197‌
2,000,000
Consolidated
Edison
Co
of
New
York,
Inc
2
.400
06/15/31
1,781,705‌
1,000,000
Consolidated
Edison
Co
of
New
York,
Inc
5
.200
03/01/33
1,047,582‌
750,000
Consolidated
Edison
Co
of
New
York,
Inc
5
.500
03/15/34
802,225‌
1,500,000
Consolidated
Edison
Co
of
New
York,
Inc
5
.375
05/15/34
1,591,374‌
200,000
Consolidated
Edison
Co
of
New
York,
Inc
4
.200
03/15/42
178,538‌
550,000
Consolidated
Edison
Co
of
New
York,
Inc
3
.950
03/01/43
471,489‌
1,475,000
Consolidated
Edison
Co
of
New
York,
Inc
4
.450
03/15/44
1,353,858‌
150,000
Consolidated
Edison
Co
of
New
York,
Inc
4
.500
12/01/45
137,168‌
400,000
Consolidated
Edison
Co
of
New
York,
Inc
3
.850
06/15/46
329,425‌
400,000
Consolidated
Edison
Co
of
New
York,
Inc
3
.875
06/15/47
328,081‌
300,000
Consolidated
Edison
Co
of
New
York,
Inc
4
.650
12/01/48
276,949‌
500,000
Consolidated
Edison
Co
of
New
York,
Inc
4
.125
05/15/49
425,343‌
700,000
Consolidated
Edison
Co
of
New
York,
Inc
3
.950
04/01/50
599,226‌
1,000,000
Consolidated
Edison
Co
of
New
York,
Inc
3
.200
12/01/51
713,192‌
1,000,000
Consolidated
Edison
Co
of
New
York,
Inc
6
.150
11/15/52
1,142,512‌
300,000
Consolidated
Edison
Co
of
New
York,
Inc
5
.900
11/15/53
331,762‌
800,000
Consolidated
Edison
Co
of
New
York,
Inc
5
.700
05/15/54
866,399‌
850,000
Consolidated
Edison
Co
of
New
York,
Inc
4
.625
12/01/54
786,460‌
200,000
Consolidated
Edison
Co
of
New
York,
Inc
4
.300
12/01/56
174,701‌
1,300,000
Consolidated
Edison
Co
of
New
York,
Inc
4
.000
11/15/57
1,048,490‌
400,000
Consolidated
Edison
Co
of
New
York,
Inc
4
.500
05/15/58
352,260‌
1,000,000
Consolidated
Edison
Co
of
New
York,
Inc
3
.700
11/15/59
764,481‌
1,000,000
Consolidated
Edison
Co
of
New
York,
Inc
3
.000
12/01/60
643,736‌
1,000,000
Consolidated
Edison
Co
of
New
York,
Inc
3
.600
06/15/61
747,722‌
750,000
Constellation
Energy
Generation
LLC
5
.600
03/01/28
782,771‌
750,000
Constellation
Energy
Generation
LLC
5
.800
03/01/33
804,497‌
1,000,000
Constellation
Energy
Generation
LLC
6
.125
01/15/34
1,099,011‌
900,000
Constellation
Energy
Generation
LLC
6
.250
10/01/39
1,007,497‌
625,000
Constellation
Energy
Generation
LLC
5
.600
06/15/42
646,545‌
1,000,000
Constellation
Energy
Generation
LLC
6
.500
10/01/53
1,155,808‌
1,000,000
Constellation
Energy
Generation
LLC
5
.750
03/15/54
1,058,021‌
500,000
Consumers
Energy
Co
4
.650
03/01/28
508,303‌
250,000
Consumers
Energy
Co
3
.800
11/15/28
246,765‌
1,000,000
Consumers
Energy
Co
4
.900
02/15/29
1,031,506‌
300,000
Consumers
Energy
Co
4
.600
05/30/29
306,067‌
1,000,000
Consumers
Energy
Co
4
.700
01/15/30
1,024,826‌
275,000
Consumers
Energy
Co
3
.600
08/15/32
260,052‌
500,000
Consumers
Energy
Co
4
.625
05/15/33
506,047‌
600,000
Consumers
Energy
Co
3
.950
07/15/47
512,262‌
600,000
Consumers
Energy
Co
4
.050
05/15/48
520,671‌
350,000
Consumers
Energy
Co
4
.350
04/15/49
315,958‌
500,000
Consumers
Energy
Co
3
.750
02/15/50
410,718‌
500,000
Consumers
Energy
Co
3
.100
08/15/50
374,229‌
150,000
Consumers
Energy
Co
3
.500
08/01/51
120,904‌
287,000
Consumers
Energy
Co
2
.650
08/15/52
191,565‌
500,000
Consumers
Energy
Co
4
.200
09/01/52
439,925‌
99
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
UTILITIES
-
2.4%
(continued)
$
291,000
Consumers
Energy
Co
2
.500
%
05/01/60
$
179,867‌
300,000
Dayton
Power
&
Light
Co
3
.950
06/15/49
236,875‌
200,000
Delmarva
Power
&
Light
Co
4
.150
05/15/45
172,896‌
925,000
Dominion
Energy
South
Carolina,
Inc
2
.300
12/01/31
799,458‌
50,000
Dominion
Energy
South
Carolina,
Inc
5
.300
05/15/33
52,387‌
125,000
Dominion
Energy
South
Carolina,
Inc
5
.450
02/01/41
129,841‌
800,000
Dominion
Energy
South
Carolina,
Inc
4
.600
06/15/43
742,238‌
750,000
Dominion
Energy
South
Carolina,
Inc
6
.250
10/15/53
874,246‌
1,000,000
Dominion
Energy,
Inc
1
.450
04/15/26
957,734‌
775,000
Dominion
Energy,
Inc
3
.600
03/15/27
762,265‌
500,000
Dominion
Energy,
Inc
4
.250
06/01/28
500,046‌
303,000
Dominion
Energy,
Inc
3
.375
04/01/30
287,176‌
500,000
Dominion
Energy,
Inc
2
.250
08/15/31
432,527‌
500,000
Dominion
Energy,
Inc
4
.350
08/15/32
494,130‌
1,000,000
Dominion
Energy,
Inc
5
.375
11/15/32
1,046,489‌
475,000
Dominion
Energy,
Inc
3
.300
04/15/41
367,825‌
200,000
Dominion
Energy,
Inc
4
.700
12/01/44
180,643‌
500,000
Dominion
Energy,
Inc
4
.600
03/15/49
440,676‌
500,000
Dominion
Energy,
Inc
4
.850
08/15/52
463,032‌
1,200,000
Dominion
Energy,
Inc
7
.000
06/01/54
1,310,192‌
1,050,000
Dominion
Energy,
Inc
6
.875
02/01/55
1,115,174‌
500,000
DTE
Electric
Co
1
.900
04/01/28
464,836‌
1,500,000
DTE
Electric
Co
3
.000
03/01/32
1,370,411‌
1,000,000
DTE
Electric
Co
5
.200
04/01/33
1,047,598‌
1,000,000
DTE
Electric
Co
5
.200
03/01/34
1,046,879‌
200,000
DTE
Electric
Co
4
.000
04/01/43
175,647‌
100,000
DTE
Electric
Co
3
.700
06/01/46
83,865‌
500,000
DTE
Electric
Co
3
.750
08/15/47
406,700‌
1,000,000
DTE
Electric
Co
4
.050
05/15/48
866,510‌
525,000
DTE
Electric
Co
3
.950
03/01/49
444,407‌
1,000,000
DTE
Electric
Co
2
.950
03/01/50
705,169‌
400,000
DTE
Electric
Co
3
.250
04/01/51
297,469‌
450,000
DTE
Electric
Co
3
.650
03/01/52
358,604‌
920,700
DTE
Electric
Securitization
Funding
II
LLC
5
.970
03/01/32
977,427‌
1,000,000
DTE
Electric
Securitization
Funding
II
LLC
6
.090
09/01/37
1,128,435‌
1,000,000
DTE
Energy
Co
1
.050
06/01/25
975,931‌
1,000,000
DTE
Energy
Co
5
.100
03/01/29
1,029,760‌
327,000
DTE
Energy
Co
3
.400
06/15/29
312,899‌
500,000
DTE
Energy
Co
2
.950
03/01/30
461,825‌
1,000,000
DTE
Energy
Co
5
.850
06/01/34
1,073,365‌
200,000
Duke
Energy
Carolinas
LLC
2
.950
12/01/26
195,769‌
500,000
Duke
Energy
Carolinas
LLC
3
.950
11/15/28
498,423‌
500,000
Duke
Energy
Carolinas
LLC
2
.450
08/15/29
463,664‌
1,500,000
Duke
Energy
Carolinas
LLC
2
.550
04/15/31
1,348,323‌
375,000
Duke
Energy
Carolinas
LLC
2
.850
03/15/32
338,450‌
1,300,000
Duke
Energy
Carolinas
LLC
4
.950
01/15/33
1,340,116‌
1,000,000
Duke
Energy
Carolinas
LLC
4
.850
01/15/34
1,022,813‌
125,000
Duke
Energy
Carolinas
LLC
5
.300
02/15/40
130,164‌
300,000
Duke
Energy
Carolinas
LLC
3
.750
06/01/45
247,856‌
200,000
Duke
Energy
Carolinas
LLC
3
.875
03/15/46
166,427‌
1,750,000
Duke
Energy
Carolinas
LLC
3
.700
12/01/47
1,401,868‌
1,500,000
Duke
Energy
Carolinas
LLC
3
.950
03/15/48
1,249,127‌
1,000,000
Duke
Energy
Carolinas
LLC
3
.200
08/15/49
725,737‌
1,500,000
Duke
Energy
Carolinas
LLC
3
.450
04/15/51
1,133,767‌
1,000,000
Duke
Energy
Carolinas
LLC
5
.350
01/15/53
1,031,823‌
1,500,000
Duke
Energy
Carolinas
LLC
5
.400
01/15/54
1,560,548‌
1,700,000
Duke
Energy
Corp
2
.650
09/01/26
1,653,041‌
350,000
Duke
Energy
Corp
3
.150
08/15/27
340,047‌
1,000,000
Duke
Energy
Corp
5
.000
12/08/27
1,024,630‌
1,000,000
Duke
Energy
Corp
4
.300
03/15/28
1,000,956‌
1,000,000
Duke
Energy
Corp
4
.850
01/05/29
1,020,316‌
1,000,000
Duke
Energy
Corp
2
.450
06/01/30
902,092‌
Bond
Index
100
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
UTILITIES
-
2.4%
(continued)
$
1,000,000
Duke
Energy
Corp
2
.550
%
06/15/31
$
884,023‌
1,000,000
Duke
Energy
Corp
5
.750
09/15/33
1,075,493‌
1,000,000
Duke
Energy
Corp
5
.450
06/15/34
1,043,637‌
1,000,000
Duke
Energy
Corp
3
.300
06/15/41
787,615‌
300,000
Duke
Energy
Corp
4
.800
12/15/45
277,966‌
1,975,000
Duke
Energy
Corp
3
.750
09/01/46
1,569,033‌
500,000
Duke
Energy
Corp
4
.200
06/15/49
418,793‌
1,000,000
Duke
Energy
Corp
3
.500
06/15/51
738,481‌
500,000
Duke
Energy
Corp
5
.000
08/15/52
473,431‌
1,000,000
Duke
Energy
Corp
6
.100
09/15/53
1,094,921‌
1,000,000
Duke
Energy
Corp
5
.800
06/15/54
1,055,627‌
225,000
Duke
Energy
Corp
6
.450
09/01/54
233,618‌
750,000
Duke
Energy
Corp
3
.250
01/15/82
691,888‌
1,200,000
Duke
Energy
Florida
LLC
3
.200
01/15/27
1,180,241‌
1,000,000
Duke
Energy
Florida
LLC
2
.400
12/15/31
876,046‌
375,000
Duke
Energy
Florida
LLC
6
.400
06/15/38
428,565‌
500,000
Duke
Energy
Florida
LLC
3
.400
10/01/46
385,834‌
300,000
Duke
Energy
Florida
LLC
4
.200
07/15/48
257,612‌
1,000,000
Duke
Energy
Florida
LLC
3
.000
12/15/51
693,255‌
1,000,000
Duke
Energy
Florida
LLC
5
.950
11/15/52
1,105,688‌
1,000,000
Duke
Energy
Indiana
LLC
5
.250
03/01/34
1,048,312‌
300,000
Duke
Energy
Indiana
LLC
3
.750
05/15/46
242,863‌
500,000
Duke
Energy
Indiana
LLC
3
.250
10/01/49
365,411‌
275,000
Duke
Energy
Indiana
LLC
2
.750
04/01/50
180,587‌
500,000
Duke
Energy
Indiana
LLC
5
.400
04/01/53
514,546‌
200,000
Duke
Energy
Ohio,
Inc
3
.650
02/01/29
195,818‌
25,000
Duke
Energy
Ohio,
Inc
2
.125
06/01/30
22,303‌
750,000
Duke
Energy
Ohio,
Inc
5
.250
04/01/33
782,931‌
200,000
Duke
Energy
Ohio,
Inc
3
.700
06/15/46
159,287‌
200,000
Duke
Energy
Ohio,
Inc
4
.300
02/01/49
173,014‌
500,000
Duke
Energy
Ohio,
Inc
5
.650
04/01/53
529,306‌
1,000,000
Duke
Energy
Ohio,
Inc
5
.550
03/15/54
1,045,550‌
300,000
Duke
Energy
Progress
LLC
3
.700
09/01/28
296,002‌
5,357,000
Duke
Energy
Progress
LLC
3
.450
03/15/29
5,215,937‌
1,500,000
Duke
Energy
Progress
LLC
2
.000
08/15/31
1,287,593‌
750,000
Duke
Energy
Progress
LLC
5
.250
03/15/33
786,193‌
1,000,000
Duke
Energy
Progress
LLC
5
.100
03/15/34
1,043,149‌
400,000
Duke
Energy
Progress
LLC
4
.375
03/30/44
362,436‌
500,000
Duke
Energy
Progress
LLC
4
.150
12/01/44
438,672‌
300,000
Duke
Energy
Progress
LLC
4
.200
08/15/45
263,615‌
500,000
Duke
Energy
Progress
LLC
3
.700
10/15/46
402,342‌
200,000
Duke
Energy
Progress
LLC
3
.600
09/15/47
157,628‌
600,000
Duke
Energy
Progress
LLC
2
.500
08/15/50
379,923‌
500,000
Duke
Energy
Progress
LLC
2
.900
08/15/51
340,233‌
750,000
Duke
Energy
Progress
LLC
5
.350
03/15/53
776,004‌
750,000
Edison
International
5
.750
06/15/27
773,988‌
300,000
Edison
International
4
.125
03/15/28
297,353‌
1,000,000
Edison
International
5
.250
11/15/28
1,027,439‌
1,000,000
Edison
International
5
.450
06/15/29
1,038,563‌
500,000
Edison
International
6
.950
11/15/29
551,113‌
200,000
El
Paso
Electric
Co
5
.000
12/01/44
182,593‌
2,000,000
Emera
US
Finance
LP
2
.639
06/15/31
1,738,062‌
625,000
Emera
US
Finance
LP
4
.750
06/15/46
556,649‌
400,000
(a)
Enel
Americas
S.A.
4
.000
10/25/26
396,920‌
675,000
Enel
Chile
S.A.
4
.875
06/12/28
678,477‌
1,000,000
Entergy
Arkansas
LLC
5
.150
01/15/33
1,039,995‌
500,000
Entergy
Arkansas
LLC
5
.300
09/15/33
522,343‌
1,000,000
Entergy
Arkansas
LLC
5
.450
06/01/34
1,060,679‌
200,000
Entergy
Arkansas
LLC
4
.200
04/01/49
171,195‌
425,000
Entergy
Arkansas
LLC
2
.650
06/15/51
271,909‌
1,000,000
Entergy
Arkansas
LLC
5
.750
06/01/54
1,077,642‌
1,000,000
Entergy
Corp
1
.900
06/15/28
917,712‌
101
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
UTILITIES
-
2.4%
(continued)
$
175,000
Entergy
Corp
2
.800
%
06/15/30
$
159,881‌
625,000
Entergy
Corp
2
.400
06/15/31
543,893‌
500,000
Entergy
Corp
3
.750
06/15/50
382,253‌
650,000
Entergy
Corp
7
.125
12/01/54
673,945‌
200,000
Entergy
Louisiana
LLC
3
.120
09/01/27
195,131‌
1,000,000
Entergy
Louisiana
LLC
1
.600
12/15/30
850,396‌
1,000,000
Entergy
Louisiana
LLC
2
.350
06/15/32
862,074‌
500,000
Entergy
Louisiana
LLC
4
.000
03/15/33
477,919‌
1,000,000
Entergy
Louisiana
LLC
5
.350
03/15/34
1,045,954‌
1,000,000
Entergy
Louisiana
LLC
5
.150
09/15/34
1,030,213‌
500,000
Entergy
Louisiana
LLC
3
.100
06/15/41
382,637‌
300,000
Entergy
Louisiana
LLC
4
.200
09/01/48
257,532‌
300,000
Entergy
Louisiana
LLC
4
.200
04/01/50
254,312‌
500,000
Entergy
Louisiana
LLC
4
.750
09/15/52
462,712‌
1,000,000
Entergy
Louisiana
LLC
5
.700
03/15/54
1,064,808‌
800,000
Entergy
Mississippi
LLC
3
.850
06/01/49
640,845‌
475,000
Entergy
Mississippi
LLC
3
.500
06/01/51
354,250‌
1,000,000
Entergy
Mississippi
LLC
5
.850
06/01/54
1,083,396‌
1,000,000
Entergy
Texas,
Inc
4
.000
03/30/29
991,682‌
575,000
Entergy
Texas,
Inc
1
.750
03/15/31
487,444‌
200,000
Entergy
Texas,
Inc
4
.500
03/30/39
189,795‌
700,000
Entergy
Texas,
Inc
3
.550
09/30/49
531,951‌
1,000,000
Entergy
Texas,
Inc
5
.800
09/01/53
1,068,154‌
1,000,000
Entergy
Texas,
Inc
5
.550
09/15/54
1,036,343‌
775,000
Enterprise
Products
Operating
LLC
3
.700
01/31/51
603,098‌
125,000
Essential
Utilities,
Inc
3
.566
05/01/29
121,006‌
225,000
Essential
Utilities,
Inc
2
.704
04/15/30
206,161‌
1,000,000
Essential
Utilities,
Inc
2
.400
05/01/31
874,932‌
1,000,000
Essential
Utilities,
Inc
5
.375
01/15/34
1,034,320‌
200,000
Essential
Utilities,
Inc
4
.276
05/01/49
170,681‌
300,000
Essential
Utilities,
Inc
3
.351
04/15/50
218,838‌
500,000
Essential
Utilities,
Inc
5
.300
05/01/52
496,673‌
100,000
Evergy
Kansas
Central,
Inc
2
.550
07/01/26
97,413‌
1,000,000
Evergy
Kansas
Central,
Inc
5
.900
11/15/33
1,078,834‌
500,000
Evergy
Kansas
Central,
Inc
4
.125
03/01/42
439,045‌
175,000
Evergy
Kansas
Central,
Inc
4
.100
04/01/43
151,183‌
375,000
Evergy
Kansas
Central,
Inc
3
.250
09/01/49
270,417‌
425,000
Evergy
Kansas
Central,
Inc
3
.450
04/15/50
315,471‌
1,000,000
Evergy
Kansas
Central,
Inc
5
.700
03/15/53
1,055,209‌
150,000
Evergy
Metro,
Inc
2
.250
06/01/30
134,111‌
500,000
Evergy
Metro,
Inc
5
.400
04/01/34
522,544‌
100,000
Evergy
Metro,
Inc
5
.300
10/01/41
101,494‌
650,000
Evergy
Metro,
Inc
4
.200
06/15/47
555,533‌
100,000
Evergy
Metro,
Inc
4
.200
03/15/48
85,286‌
300,000
Evergy
Metro,
Inc
4
.125
04/01/49
252,553‌
750,000
Evergy,
Inc
2
.900
09/15/29
696,444‌
100,000
Eversource
Energy
0
.800
08/15/25
96,721‌
1,000,000
Eversource
Energy
1
.400
08/15/26
946,912‌
200,000
Eversource
Energy
3
.300
01/15/28
193,093‌
1,000,000
Eversource
Energy
5
.450
03/01/28
1,036,745‌
300,000
Eversource
Energy
4
.250
04/01/29
297,921‌
100,000
Eversource
Energy
1
.650
08/15/30
85,471‌
1,000,000
Eversource
Energy
2
.550
03/15/31
873,151‌
1,000,000
Eversource
Energy
5
.850
04/15/31
1,062,668‌
1,000,000
Eversource
Energy
3
.375
03/01/32
910,314‌
500,000
Eversource
Energy
5
.500
01/01/34
518,981‌
1,000,000
Eversource
Energy
5
.950
07/15/34
1,074,778‌
600,000
Eversource
Energy
3
.450
01/15/50
447,335‌
1,500,000
Exelon
Corp
2
.750
03/15/27
1,451,556‌
1,000,000
Exelon
Corp
5
.150
03/15/28
1,027,575‌
1,000,000
Exelon
Corp
3
.350
03/15/32
927,923‌
750,000
Exelon
Corp
5
.300
03/15/33
782,067‌
Bond
Index
102
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
UTILITIES
-
2.4%
(continued)
$
1,000,000
Exelon
Corp
5
.450
%
03/15/34
$
1,048,956‌
500,000
Exelon
Corp
4
.950
06/15/35
500,339‌
975,000
Exelon
Corp
4
.450
04/15/46
867,751‌
100,000
Exelon
Corp
4
.700
04/15/50
91,733‌
500,000
Exelon
Corp
4
.100
03/15/52
412,882‌
1,000,000
Exelon
Corp
5
.600
03/15/53
1,040,703‌
3,000,000
(c)
FirstEnergy
Transmission
LLC
4
.550
01/15/30
3,026,371‌
2,500,000
(c)
FirstEnergy
Transmission
LLC
5
.000
01/15/35
2,538,327‌
750,000
Florida
Power
&
Light
Co
5
.050
04/01/28
774,052‌
750,000
Florida
Power
&
Light
Co
4
.400
05/15/28
758,945‌
1,000,000
Florida
Power
&
Light
Co
5
.150
06/15/29
1,043,095‌
425,000
Florida
Power
&
Light
Co
4
.625
05/15/30
435,930‌
1,000,000
Florida
Power
&
Light
Co
2
.450
02/03/32
884,021‌
750,000
Florida
Power
&
Light
Co
5
.100
04/01/33
784,570‌
150,000
Florida
Power
&
Light
Co
4
.800
05/15/33
153,545‌
1,000,000
Florida
Power
&
Light
Co
5
.300
06/15/34
1,060,717‌
100,000
Florida
Power
&
Light
Co
4
.125
02/01/42
90,239‌
200,000
Florida
Power
&
Light
Co
4
.050
06/01/42
178,366‌
450,000
Florida
Power
&
Light
Co
3
.800
12/15/42
385,797‌
400,000
Florida
Power
&
Light
Co
4
.050
10/01/44
354,042‌
500,000
Florida
Power
&
Light
Co
3
.700
12/01/47
408,724‌
1,675,000
Florida
Power
&
Light
Co
3
.950
03/01/48
1,439,053‌
500,000
Florida
Power
&
Light
Co
4
.125
06/01/48
437,010‌
1,100,000
Florida
Power
&
Light
Co
3
.990
03/01/49
938,667‌
400,000
Florida
Power
&
Light
Co
3
.150
10/01/49
293,799‌
500,000
Florida
Power
&
Light
Co
2
.875
12/04/51
346,102‌
750,000
Florida
Power
&
Light
Co
5
.300
04/01/53
783,498‌
1,000,000
Florida
Power
&
Light
Co
5
.600
06/15/54
1,090,534‌
768,000
Fortis,
Inc
3
.055
10/04/26
747,298‌
100,000
Georgia
Power
Co
3
.250
04/01/26
98,707‌
700,000
Georgia
Power
Co
3
.250
03/30/27
686,286‌
1,000,000
Georgia
Power
Co
4
.650
05/16/28
1,018,126‌
700,000
Georgia
Power
Co
2
.650
09/15/29
653,428‌
1,500,000
Georgia
Power
Co
4
.950
05/17/33
1,541,985‌
1,500,000
Georgia
Power
Co
5
.250
03/15/34
1,572,576‌
625,000
Georgia
Power
Co
4
.300
03/15/42
568,964‌
700,000
Georgia
Power
Co
4
.300
03/15/43
630,040‌
2,500,000
Georgia
Power
Co
3
.250
03/15/51
1,844,056‌
200,000
Gulf
Power
Co
3
.300
05/30/27
196,601‌
400,000
Iberdrola
International
BV
6
.750
07/15/36
470,096‌
1,000,000
(a)
Idaho
Power
Co
5
.200
08/15/34
1,035,398‌
425,000
Idaho
Power
Co
5
.500
03/15/53
439,007‌
1,000,000
Idaho
Power
Co
5
.800
04/01/54
1,069,420‌
500,000
Indiana
Michigan
Power
Co
3
.850
05/15/28
493,849‌
225,000
Indiana
Michigan
Power
Co
4
.550
03/15/46
203,289‌
100,000
Indiana
Michigan
Power
Co
3
.750
07/01/47
79,445‌
300,000
Indiana
Michigan
Power
Co
4
.250
08/15/48
254,539‌
675,000
Indiana
Michigan
Power
Co
3
.250
05/01/51
483,259‌
500,000
Indiana
Michigan
Power
Co
5
.625
04/01/53
527,558‌
1,000,000
Ingersoll
Rand,
Inc
5
.700
06/15/54
1,066,854‌
725,000
Interstate
Power
and
Light
Co
4
.100
09/26/28
719,967‌
325,000
Interstate
Power
and
Light
Co
3
.600
04/01/29
315,877‌
125,000
Interstate
Power
and
Light
Co
2
.300
06/01/30
111,873‌
1,000,000
Interstate
Power
and
Light
Co
5
.700
10/15/33
1,063,961‌
200,000
Interstate
Power
and
Light
Co
4
.950
09/30/34
203,025‌
100,000
Interstate
Power
and
Light
Co
6
.250
07/15/39
111,326‌
100,000
Interstate
Power
and
Light
Co
3
.700
09/15/46
79,576‌
300,000
Interstate
Power
and
Light
Co
3
.500
09/30/49
224,673‌
1,000,000
Interstate
Power
and
Light
Co
3
.100
11/30/51
696,624‌
500,000
Interstate
Power
and
Light
Co
5
.450
09/30/54
517,017‌
100,000
IPALCO
Enterprises,
Inc
4
.250
05/01/30
96,670‌
500,000
IPALCO
Enterprises,
Inc
5
.750
04/01/34
523,765‌
103
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
UTILITIES
-
2.4%
(continued)
$
100,000
ITC
Holdings
Corp
3
.250
%
06/30/26
$
98,130‌
900,000
ITC
Holdings
Corp
3
.350
11/15/27
877,002‌
1,000,000
Kentucky
Utilities
Co
5
.450
04/15/33
1,055,375‌
300,000
Kentucky
Utilities
Co
4
.375
10/01/45
267,750‌
400,000
Kentucky
Utilities
Co
3
.300
06/01/50
293,100‌
1,000,000
Louisville
Gas
and
Electric
Co
5
.450
04/15/33
1,054,794‌
300,000
Louisville
Gas
and
Electric
Co
4
.250
04/01/49
256,297‌
1,500,000
MidAmerican
Energy
Co
3
.100
05/01/27
1,468,042‌
575,000
MidAmerican
Energy
Co
3
.650
04/15/29
564,882‌
425,000
MidAmerican
Energy
Co
5
.350
01/15/34
451,110‌
200,000
MidAmerican
Energy
Co
4
.800
09/15/43
193,515‌
200,000
MidAmerican
Energy
Co
4
.400
10/15/44
182,305‌
200,000
MidAmerican
Energy
Co
4
.250
05/01/46
176,607‌
500,000
MidAmerican
Energy
Co
3
.950
08/01/47
423,614‌
1,000,000
MidAmerican
Energy
Co
3
.650
08/01/48
803,856‌
300,000
MidAmerican
Energy
Co
4
.250
07/15/49
265,096‌
300,000
MidAmerican
Energy
Co
3
.150
04/15/50
219,694‌
1,000,000
MidAmerican
Energy
Co
2
.700
08/01/52
658,087‌
400,000
MidAmerican
Energy
Co
5
.850
09/15/54
445,484‌
250,000
MidAmerican
Energy
Co
5
.300
02/01/55
258,402‌
500,000
Mississippi
Power
Co
3
.950
03/30/28
494,448‌
750,000
Mississippi
Power
Co
4
.250
03/15/42
661,658‌
1,000,000
Mississippi
Power
Co
3
.100
07/30/51
692,475‌
300,000
National
Fuel
Gas
Co
5
.200
07/15/25
300,197‌
300,000
National
Fuel
Gas
Co
5
.500
01/15/26
302,707‌
200,000
National
Fuel
Gas
Co
3
.950
09/15/27
196,408‌
200,000
National
Fuel
Gas
Co
4
.750
09/01/28
200,746‌
1,100,000
National
Fuel
Gas
Co
2
.950
03/01/31
970,912‌
1,000,000
National
Grid
plc
5
.602
06/12/28
1,044,171‌
1,000,000
National
Grid
plc
5
.809
06/12/33
1,069,435‌
1,000,000
National
Grid
plc
5
.418
01/11/34
1,040,765‌
250,000
National
Grid
USA
5
.803
04/01/35
262,063‌
1,000,000
Nevada
Power
Co
3
.700
05/01/29
979,316‌
500,000
Nevada
Power
Co
2
.400
05/01/30
453,162‌
500,000
Nevada
Power
Co
3
.125
08/01/50
346,690‌
500,000
Nevada
Power
Co
5
.900
05/01/53
542,188‌
1,000,000
Nevada
Power
Co
6
.000
03/15/54
1,105,985‌
1,125,000
NextEra
Energy
Capital
Holdings,
Inc
3
.550
05/01/27
1,109,514‌
1,250,000
NextEra
Energy
Capital
Holdings,
Inc
4
.625
07/15/27
1,268,717‌
1,000,000
NextEra
Energy
Capital
Holdings,
Inc
4
.900
02/28/28
1,022,093‌
2,500,000
NextEra
Energy
Capital
Holdings,
Inc
1
.900
06/15/28
2,305,269‌
2,000,000
NextEra
Energy
Capital
Holdings,
Inc
4
.900
03/15/29
2,050,559‌
300,000
NextEra
Energy
Capital
Holdings,
Inc
3
.500
04/01/29
290,138‌
450,000
NextEra
Energy
Capital
Holdings,
Inc
2
.750
11/01/29
419,718‌
1,500,000
NextEra
Energy
Capital
Holdings,
Inc
5
.000
02/28/30
1,551,108‌
2,980,000
NextEra
Energy
Capital
Holdings,
Inc
2
.250
06/01/30
2,663,563‌
1,000,000
NextEra
Energy
Capital
Holdings,
Inc
2
.440
01/15/32
867,537‌
450,000
NextEra
Energy
Capital
Holdings,
Inc
5
.000
07/15/32
463,200‌
1,500,000
NextEra
Energy
Capital
Holdings,
Inc
5
.050
02/28/33
1,544,154‌
1,625,000
NextEra
Energy
Capital
Holdings,
Inc
5
.250
03/15/34
1,687,776‌
1,000,000
NextEra
Energy
Capital
Holdings,
Inc
3
.000
01/15/52
688,757‌
1,000,000
(a)
NextEra
Energy
Capital
Holdings,
Inc
5
.250
02/28/53
1,002,055‌
1,500,000
NextEra
Energy
Capital
Holdings,
Inc
6
.750
06/15/54
1,618,638‌
1,500,000
NextEra
Energy
Capital
Holdings,
Inc
6
.700
09/01/54
1,573,503‌
1,700,000
NextEra
Energy
Capital
Holdings,
Inc
5
.650
05/01/79
1,686,179‌
1,000,000
NextEra
Energy
Capital
Holdings,
Inc
3
.800
03/15/82
952,490‌
1,000,000
NiSource,
Inc
3
.490
05/15/27
982,456‌
1,500,000
NiSource,
Inc
5
.250
03/30/28
1,545,122‌
750,000
NiSource,
Inc
5
.200
07/01/29
776,588‌
750,000
NiSource,
Inc
2
.950
09/01/29
702,707‌
200,000
NiSource,
Inc
3
.600
05/01/30
192,042‌
800,000
NiSource,
Inc
1
.700
02/15/31
675,379‌
Bond
Index
104
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
UTILITIES
-
2.4%
(continued)
$
1,000,000
NiSource,
Inc
5
.400
%
06/30/33
$
1,040,560‌
1,000,000
NiSource,
Inc
5
.350
04/01/34
1,038,208‌
77,000
NiSource,
Inc
5
.950
06/15/41
81,878‌
700,000
NiSource,
Inc
5
.250
02/15/43
696,026‌
450,000
NiSource,
Inc
4
.800
02/15/44
422,013‌
815,000
NiSource,
Inc
5
.650
02/01/45
844,737‌
350,000
NiSource,
Inc
4
.375
05/15/47
307,174‌
500,000
NiSource,
Inc
3
.950
03/30/48
409,936‌
200,000
NiSource,
Inc
5
.000
06/15/52
191,845‌
750,000
NiSource,
Inc
6
.950
11/30/54
774,779‌
750,000
NiSource,
Inc
6
.375
03/31/55
764,028‌
600,000
Northern
States
Power
Co
2
.250
04/01/31
529,771‌
425,000
Northern
States
Power
Co
5
.350
11/01/39
446,186‌
175,000
Northern
States
Power
Co
3
.600
05/15/46
141,397‌
1,950,000
Northern
States
Power
Co
3
.600
09/15/47
1,566,566‌
325,000
Northern
States
Power
Co
2
.900
03/01/50
227,267‌
750,000
Northern
States
Power
Co
2
.600
06/01/51
489,930‌
1,000,000
Northern
States
Power
Co
3
.200
04/01/52
728,839‌
400,000
Northern
States
Power
Co
4
.500
06/01/52
367,488‌
500,000
Northern
States
Power
Co
5
.100
05/15/53
504,448‌
1,000,000
Northern
States
Power
Co
5
.400
03/15/54
1,056,016‌
1,000,000
Northern
States
Power
Co
5
.650
06/15/54
1,083,590‌
200,000
NorthWestern
Corp
4
.176
11/15/44
172,106‌
300,000
NSTAR
Electric
Co
3
.200
05/15/27
293,251‌
1,000,000
NSTAR
Electric
Co
1
.950
08/15/31
852,360‌
1,000,000
NSTAR
Electric
Co
5
.400
06/01/34
1,055,671‌
1,100,000
NSTAR
Electric
Co
3
.100
06/01/51
774,339‌
350,000
NSTAR
Electric
Co
4
.550
06/01/52
321,111‌
500,000
Oglethorpe
Power
Corp
4
.500
04/01/47
438,464‌
500,000
Oglethorpe
Power
Corp
5
.050
10/01/48
473,695‌
750,000
Oglethorpe
Power
Corp
3
.750
08/01/50
577,653‌
500,000
Oglethorpe
Power
Corp
5
.250
09/01/50
485,340‌
500,000
Oglethorpe
Power
Corp
6
.200
12/01/53
546,680‌
1,000,000
(c)
Oglethorpe
Power
Corp
5
.800
06/01/54
1,051,490‌
2,000,000
Ohio
Power
Co
1
.625
01/15/31
1,678,880‌
750,000
Ohio
Power
Co
5
.650
06/01/34
792,749‌
500,000
Ohio
Power
Co
4
.150
04/01/48
417,528‌
1,500,000
Ohio
Power
Co
4
.000
06/01/49
1,229,005‌
1,000,000
Ohio
Power
Co
2
.900
10/01/51
657,267‌
200,000
Oklahoma
Gas
and
Electric
Co
3
.800
08/15/28
197,526‌
500,000
Oklahoma
Gas
and
Electric
Co
3
.300
03/15/30
473,220‌
100,000
Oklahoma
Gas
and
Electric
Co
3
.250
04/01/30
94,544‌
500,000
Oklahoma
Gas
and
Electric
Co
5
.400
01/15/33
525,314‌
200,000
Oklahoma
Gas
and
Electric
Co
4
.150
04/01/47
170,049‌
200,000
Oklahoma
Gas
and
Electric
Co
3
.850
08/15/47
162,468‌
2,000,000
Oklahoma
Gas
and
Electric
Co
5
.600
04/01/53
2,107,600‌
1,000,000
Oncor
Electric
Delivery
Co
LLC
0
.550
10/01/25
963,581‌
750,000
Oncor
Electric
Delivery
Co
LLC
3
.700
11/15/28
738,100‌
1,500,000
Oncor
Electric
Delivery
Co
LLC
5
.750
03/15/29
1,591,974‌
425,000
Oncor
Electric
Delivery
Co
LLC
4
.150
06/01/32
415,615‌
500,000
Oncor
Electric
Delivery
Co
LLC
4
.550
09/15/32
502,435‌
1,000,000
Oncor
Electric
Delivery
Co
LLC
5
.650
11/15/33
1,078,172‌
100,000
Oncor
Electric
Delivery
Co
LLC
5
.250
09/30/40
102,363‌
550,000
Oncor
Electric
Delivery
Co
LLC
4
.550
12/01/41
515,287‌
56,000
Oncor
Electric
Delivery
Co
LLC
5
.300
06/01/42
57,264‌
300,000
Oncor
Electric
Delivery
Co
LLC
3
.750
04/01/45
247,709‌
400,000
Oncor
Electric
Delivery
Co
LLC
3
.800
09/30/47
328,409‌
200,000
Oncor
Electric
Delivery
Co
LLC
4
.100
11/15/48
169,811‌
500,000
Oncor
Electric
Delivery
Co
LLC
3
.800
06/01/49
406,454‌
500,000
Oncor
Electric
Delivery
Co
LLC
3
.100
09/15/49
358,540‌
200,000
Oncor
Electric
Delivery
Co
LLC
3
.700
05/15/50
158,610‌
550,000
Oncor
Electric
Delivery
Co
LLC
2
.700
11/15/51
356,001‌
105
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
UTILITIES
-
2.4%
(continued)
$
2,000,000
Oncor
Electric
Delivery
Co
LLC
4
.950
%
09/15/52
$
1,948,573‌
164,000
Oncor
Electric
Delivery
Co
LLC
5
.350
10/01/52
167,776‌
1,000,000
(c)
Oncor
Electric
Delivery
Co
LLC
5
.550
06/15/54
1,064,060‌
1,000,000
ONE
Gas,
Inc
5
.100
04/01/29
1,035,846‌
100,000
ONE
Gas,
Inc
2
.000
05/15/30
88,750‌
500,000
(a)
ONE
Gas,
Inc
4
.250
09/01/32
493,412‌
100,000
ONE
Gas,
Inc
4
.658
02/01/44
93,328‌
500,000
ONE
Gas,
Inc
4
.500
11/01/48
445,318‌
2,000,000
Pacific
Gas
and
Electric
Co
3
.150
01/01/26
1,962,169‌
500,000
Pacific
Gas
and
Electric
Co
5
.450
06/15/27
511,898‌
3,000,000
Pacific
Gas
and
Electric
Co
2
.100
08/01/27
2,811,441‌
1,500,000
Pacific
Gas
and
Electric
Co
3
.000
06/15/28
1,425,820‌
500,000
Pacific
Gas
and
Electric
Co
6
.100
01/15/29
527,896‌
1,000,000
Pacific
Gas
and
Electric
Co
4
.200
03/01/29
983,725‌
500,000
Pacific
Gas
and
Electric
Co
5
.550
05/15/29
519,367‌
3,000,000
Pacific
Gas
and
Electric
Co
4
.550
07/01/30
2,976,825‌
3,000,000
Pacific
Gas
and
Electric
Co
2
.500
02/01/31
2,628,456‌
2,000,000
Pacific
Gas
and
Electric
Co
3
.250
06/01/31
1,820,938‌
1,000,000
Pacific
Gas
and
Electric
Co
4
.400
03/01/32
972,028‌
500,000
Pacific
Gas
and
Electric
Co
5
.900
06/15/32
529,120‌
500,000
Pacific
Gas
and
Electric
Co
6
.150
01/15/33
536,756‌
1,500,000
Pacific
Gas
and
Electric
Co
6
.400
06/15/33
1,639,513‌
1,000,000
Pacific
Gas
and
Electric
Co
6
.950
03/15/34
1,136,539‌
1,500,000
(a)
Pacific
Gas
and
Electric
Co
5
.800
05/15/34
1,585,276‌
750,000
Pacific
Gas
and
Electric
Co
4
.500
07/01/40
676,718‌
1,000,000
Pacific
Gas
and
Electric
Co
3
.300
08/01/40
776,697‌
1,500,000
Pacific
Gas
and
Electric
Co
4
.200
06/01/41
1,266,756‌
1,200,000
Pacific
Gas
and
Electric
Co
4
.950
07/01/50
1,091,241‌
2,300,000
Pacific
Gas
and
Electric
Co
3
.500
08/01/50
1,665,622‌
1,000,000
Pacific
Gas
and
Electric
Co
5
.250
03/01/52
947,726‌
2,000,000
Pacific
Gas
and
Electric
Co
6
.750
01/15/53
2,280,345‌
400,000
Pacific
Gas
and
Electric
Co
6
.700
04/01/53
457,799‌
1,500,000
Pacific
Gas
and
Electric
Co
5
.900
10/01/54
1,553,628‌
500,000
PacifiCorp
3
.500
06/15/29
483,415‌
500,000
PacifiCorp
2
.700
09/15/30
453,685‌
1,000,000
PacifiCorp
5
.300
02/15/31
1,040,802‌
1,000,000
PacifiCorp
5
.450
02/15/34
1,039,366‌
850,000
PacifiCorp
6
.000
01/15/39
918,923‌
300,000
PacifiCorp
4
.125
01/15/49
248,809‌
1,300,000
PacifiCorp
4
.150
02/15/50
1,078,351‌
250,000
PacifiCorp
3
.300
03/15/51
176,402‌
2,000,000
PacifiCorp
2
.900
06/15/52
1,293,740‌
750,000
PacifiCorp
5
.350
12/01/53
742,223‌
775,000
PacifiCorp
5
.500
05/15/54
778,836‌
1,000,000
PacifiCorp
5
.800
01/15/55
1,049,132‌
1,000,000
PECO
Energy
Co
4
.900
06/15/33
1,026,007‌
200,000
PECO
Energy
Co
4
.150
10/01/44
177,673‌
200,000
PECO
Energy
Co
3
.700
09/15/47
161,236‌
1,200,000
PECO
Energy
Co
3
.900
03/01/48
1,006,764‌
125,000
PECO
Energy
Co
3
.000
09/15/49
88,607‌
100,000
PECO
Energy
Co
2
.800
06/15/50
67,956‌
475,000
PECO
Energy
Co
3
.050
03/15/51
336,438‌
1,000,000
PECO
Energy
Co
2
.850
09/15/51
677,412‌
500,000
PECO
Energy
Co
4
.600
05/15/52
465,026‌
500,000
PECO
Energy
Co
4
.375
08/15/52
449,796‌
625,000
PECO
Energy
Co
5
.250
09/15/54
645,932‌
1,000,000
PG&E
Recovery
Funding
LLC
4
.838
06/01/35
1,024,745‌
500,000
PG&E
Recovery
Funding
LLC
5
.256
01/15/38
526,026‌
1,000,000
PG&E
Recovery
Funding
LLC
5
.231
06/01/42
1,055,605‌
500,000
PG&E
Recovery
Funding
LLC
5
.536
07/15/47
529,920‌
1,000,000
PG&E
Recovery
Funding
LLC
5
.529
06/01/51
1,058,097‌
382,057
PG&E
WILDFIRE
RECOVERY
3
.594
06/01/30
376,194‌
Bond
Index
106
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
UTILITIES
-
2.4%
(continued)
$
250,000
PG&E
WILDFIRE
RECOVERY
4
.263
%
06/01/36
$
243,370‌
250,000
PG&E
WILDFIRE
RECOVERY
4
.377
06/01/39
242,901‌
1,000,000
PG&E
WILDFIRE
RECOVERY
4
.451
12/01/47
924,352‌
1,000,000
PG&E
WILDFIRE
RECOVERY
4
.674
12/01/51
949,923‌
418,533
PG&E
Wildfire
Recovery
Funding
LLC
4
.022
06/01/31
416,280‌
500,000
PG&E
Wildfire
Recovery
Funding
LLC
4
.722
06/01/37
503,367‌
500,000
PG&E
Wildfire
Recovery
Funding
LLC
5
.081
06/01/41
521,675‌
750,000
PG&E
Wildfire
Recovery
Funding
LLC
5
.212
12/01/47
763,205‌
750,000
PG&E
Wildfire
Recovery
Funding
LLC
5
.099
06/01/52
760,386‌
1,000,000
Piedmont
Natural
Gas
Co,
Inc
2
.500
03/15/31
882,359‌
500,000
Piedmont
Natural
Gas
Co,
Inc
5
.400
06/15/33
523,084‌
1,000,000
Piedmont
Natural
Gas
Co,
Inc
5
.100
02/15/35
1,013,873‌
200,000
Piedmont
Natural
Gas
Co,
Inc
4
.650
08/01/43
185,239‌
1,600,000
Piedmont
Natural
Gas
Co,
Inc
3
.350
06/01/50
1,155,560‌
1,000,000
Piedmont
Natural
Gas
Co,
Inc
5
.050
05/15/52
961,956‌
500,000
Potomac
Electric
Power
Co
5
.200
03/15/34
523,919‌
900,000
Potomac
Electric
Power
Co
4
.150
03/15/43
799,167‌
250,000
Potomac
Electric
Power
Co
5
.500
03/15/54
263,958‌
950,000
PPL
Capital
Funding,
Inc
3
.100
05/15/26
930,023‌
1,000,000
PPL
Capital
Funding,
Inc
5
.250
09/01/34
1,029,629‌
1,500,000
PPL
Electric
Utilities
Corp
5
.000
05/15/33
1,546,220‌
150,000
PPL
Electric
Utilities
Corp
4
.850
02/15/34
153,407‌
200,000
PPL
Electric
Utilities
Corp
4
.125
06/15/44
177,573‌
275,000
PPL
Electric
Utilities
Corp
4
.150
10/01/45
243,315‌
500,000
PPL
Electric
Utilities
Corp
3
.950
06/01/47
426,963‌
200,000
PPL
Electric
Utilities
Corp
4
.150
06/15/48
175,161‌
525,000
PPL
Electric
Utilities
Corp
3
.000
10/01/49
376,404‌
1,000,000
PPL
Electric
Utilities
Corp
5
.250
05/15/53
1,033,827‌
250,000
Public
Service
Co
of
Colorado
3
.700
06/15/28
246,366‌
1,000,000
Public
Service
Co
of
Colorado
1
.900
01/15/31
859,568‌
1,050,000
Public
Service
Co
of
Colorado
1
.875
06/15/31
893,864‌
275,000
Public
Service
Co
of
Colorado
4
.100
06/01/32
268,586‌
750,000
Public
Service
Co
of
Colorado
5
.350
05/15/34
786,605‌
200,000
Public
Service
Co
of
Colorado
3
.800
06/15/47
159,290‌
100,000
Public
Service
Co
of
Colorado
4
.100
06/15/48
84,194‌
300,000
Public
Service
Co
of
Colorado
4
.050
09/15/49
248,377‌
400,000
Public
Service
Co
of
Colorado
3
.200
03/01/50
286,053‌
350,000
Public
Service
Co
of
Colorado
2
.700
01/15/51
227,086‌
1,000,000
Public
Service
Co
of
Colorado
5
.250
04/01/53
1,008,280‌
500,000
Public
Service
Co
of
Colorado
5
.750
05/15/54
541,585‌
1,200,000
Public
Service
Co
of
New
Hampshire
2
.200
06/15/31
1,043,556‌
1,500,000
Public
Service
Co
of
New
Hampshire
5
.350
10/01/33
1,589,306‌
100,000
Public
Service
Co
of
New
Hampshire
3
.600
07/01/49
78,454‌
500,000
Public
Service
Co
of
New
Hampshire
5
.150
01/15/53
502,239‌
500,000
Public
Service
Co
of
Oklahoma
2
.200
08/15/31
426,867‌
1,000,000
Public
Service
Co
of
Oklahoma
5
.250
01/15/33
1,029,574‌
500,000
Public
Service
Co
of
Oklahoma
3
.150
08/15/51
346,618‌
1,000,000
Public
Service
Electric
and
Gas
Co
0
.950
03/15/26
955,053‌
300,000
Public
Service
Electric
and
Gas
Co
2
.250
09/15/26
289,950‌
450,000
Public
Service
Electric
and
Gas
Co
3
.000
05/15/27
438,608‌
250,000
Public
Service
Electric
and
Gas
Co
3
.700
05/01/28
246,777‌
500,000
Public
Service
Electric
and
Gas
Co
2
.450
01/15/30
458,239‌
1,000,000
Public
Service
Electric
and
Gas
Co
1
.900
08/15/31
852,259‌
225,000
Public
Service
Electric
and
Gas
Co
4
.900
12/15/32
232,796‌
500,000
Public
Service
Electric
and
Gas
Co
4
.650
03/15/33
507,082‌
1,000,000
Public
Service
Electric
and
Gas
Co
5
.200
08/01/33
1,052,984‌
500,000
Public
Service
Electric
and
Gas
Co
5
.200
03/01/34
524,728‌
200,000
Public
Service
Electric
and
Gas
Co
3
.800
01/01/43
170,599‌
600,000
Public
Service
Electric
and
Gas
Co
3
.800
03/01/46
501,170‌
200,000
Public
Service
Electric
and
Gas
Co
3
.600
12/01/47
160,187‌
250,000
Public
Service
Electric
and
Gas
Co
4
.050
05/01/48
215,361‌
500,000
Public
Service
Electric
and
Gas
Co
3
.850
05/01/49
416,283‌
107
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
UTILITIES
-
2.4%
(continued)
$
575,000
Public
Service
Electric
and
Gas
Co
3
.200
%
08/01/49
$
427,267‌
500,000
Public
Service
Electric
and
Gas
Co
3
.150
01/01/50
368,809‌
175,000
Public
Service
Electric
and
Gas
Co
2
.700
05/01/50
117,767‌
425,000
Public
Service
Electric
and
Gas
Co
2
.050
08/01/50
248,345‌
2,000,000
Public
Service
Electric
and
Gas
Co
3
.000
03/01/51
1,417,347‌
200,000
Public
Service
Electric
and
Gas
Co
5
.125
03/15/53
203,599‌
1,500,000
Public
Service
Electric
and
Gas
Co
5
.450
08/01/53
1,590,106‌
500,000
Public
Service
Electric
and
Gas
Co
5
.450
03/01/54
530,844‌
1,000,000
Public
Service
Enterprise
Group,
Inc
5
.850
11/15/27
1,047,378‌
400,000
Public
Service
Enterprise
Group,
Inc
1
.600
08/15/30
341,917‌
1,000,000
Public
Service
Enterprise
Group,
Inc
2
.450
11/15/31
876,448‌
750,000
Public
Service
Enterprise
Group,
Inc
6
.125
10/15/33
816,926‌
1,000,000
Puget
Energy,
Inc
2
.379
06/15/28
925,954‌
1,000,000
Puget
Energy,
Inc
4
.100
06/15/30
963,365‌
1,000,000
Puget
Sound
Energy,
Inc
5
.330
06/15/34
1,049,012‌
250,000
Puget
Sound
Energy,
Inc
5
.757
10/01/39
270,730‌
200,000
Puget
Sound
Energy,
Inc
4
.300
05/20/45
175,141‌
275,000
Puget
Sound
Energy,
Inc
3
.250
09/15/49
198,314‌
750,000
Puget
Sound
Energy,
Inc
2
.893
09/15/51
499,415‌
1,000,000
Puget
Sound
Energy,
Inc
5
.685
06/15/54
1,077,139‌
800,000
San
Diego
Gas
&
Electric
Co
2
.500
05/15/26
781,740‌
550,000
San
Diego
Gas
&
Electric
Co
4
.950
08/15/28
565,147‌
500,000
San
Diego
Gas
&
Electric
Co
1
.700
10/01/30
432,584‌
300,000
San
Diego
Gas
&
Electric
Co
3
.750
06/01/47
244,221‌
300,000
San
Diego
Gas
&
Electric
Co
4
.150
05/15/48
256,701‌
750,000
San
Diego
Gas
&
Electric
Co
4
.100
06/15/49
634,368‌
675,000
San
Diego
Gas
&
Electric
Co
2
.950
08/15/51
473,796‌
1,000,000
San
Diego
Gas
&
Electric
Co
3
.700
03/15/52
780,530‌
1,000,000
San
Diego
Gas
&
Electric
Co
5
.350
04/01/53
1,026,447‌
1,000,000
San
Diego
Gas
&
Electric
Co
5
.550
04/15/54
1,056,793‌
1,525,000
Sempra
3
.250
06/15/27
1,486,611‌
675,000
Sempra
3
.400
02/01/28
654,544‌
1,000,000
Sempra
5
.500
08/01/33
1,048,688‌
825,000
Sempra
3
.800
02/01/38
719,569‌
125,000
Sempra
6
.000
10/15/39
133,269‌
850,000
Sempra
4
.000
02/01/48
689,523‌
1,380,000
Sempra
4
.125
04/01/52
1,312,117‌
1,000,000
Sempra
6
.400
10/01/54
1,001,882‌
1,000,000
Sempra
6
.875
10/01/54
1,036,549‌
869,000
Sierra
Pacific
Power
Co
2
.600
05/01/26
847,662‌
500,000
Sierra
Pacific
Power
Co
5
.900
03/15/54
547,718‌
1,000,000
Southern
California
Edison
Co
4
.400
09/06/26
1,007,633‌
500,000
Southern
California
Edison
Co
4
.700
06/01/27
506,997‌
750,000
Southern
California
Edison
Co
5
.850
11/01/27
787,772‌
750,000
Southern
California
Edison
Co
3
.650
03/01/28
734,035‌
1,000,000
Southern
California
Edison
Co
5
.300
03/01/28
1,034,382‌
1,000,000
Southern
California
Edison
Co
5
.650
10/01/28
1,050,832‌
500,000
Southern
California
Edison
Co
4
.200
03/01/29
498,263‌
1,000,000
Southern
California
Edison
Co
5
.150
06/01/29
1,037,448‌
600,000
Southern
California
Edison
Co
2
.850
08/01/29
563,317‌
1,750,000
Southern
California
Edison
Co
2
.250
06/01/30
1,563,571‌
1,500,000
Southern
California
Edison
Co
2
.500
06/01/31
1,326,394‌
1,000,000
Southern
California
Edison
Co
5
.450
06/01/31
1,058,100‌
500,000
Southern
California
Edison
Co
2
.750
02/01/32
444,805‌
750,000
Southern
California
Edison
Co
5
.950
11/01/32
816,247‌
575,000
Southern
California
Edison
Co
5
.200
06/01/34
595,994‌
185,000
Southern
California
Edison
Co
6
.050
03/15/39
202,544‌
300,000
Southern
California
Edison
Co
4
.500
09/01/40
279,888‌
825,000
Southern
California
Edison
Co
4
.650
10/01/43
769,789‌
450,000
Southern
California
Edison
Co
3
.600
02/01/45
354,930‌
1,937,000
Southern
California
Edison
Co
4
.000
04/01/47
1,619,088‌
1,675,000
Southern
California
Edison
Co
4
.125
03/01/48
1,414,617‌
Bond
Index
108
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
UTILITIES
-
2.4%
(continued)
$
1,500,000
Southern
California
Edison
Co
2
.950
%
02/01/51
$
1,025,476‌
1,000,000
Southern
California
Edison
Co
3
.650
06/01/51
767,342‌
500,000
Southern
California
Edison
Co
3
.450
02/01/52
372,050‌
1,000,000
Southern
California
Edison
Co
5
.700
03/01/53
1,055,181‌
500,000
Southern
California
Edison
Co
5
.875
12/01/53
542,289‌
1,500,000
Southern
California
Edison
Co
5
.750
04/15/54
1,604,512‌
200,000
Southern
California
Gas
Co
2
.600
06/15/26
195,167‌
1,000,000
Southern
California
Gas
Co
2
.950
04/15/27
973,268‌
500,000
Southern
California
Gas
Co
2
.550
02/01/30
458,084‌
1,000,000
Southern
California
Gas
Co
5
.200
06/01/33
1,039,481‌
500,000
Southern
California
Gas
Co
5
.050
09/01/34
515,594‌
150,000
Southern
California
Gas
Co
3
.750
09/15/42
125,072‌
500,000
Southern
California
Gas
Co
4
.125
06/01/48
425,234‌
300,000
Southern
California
Gas
Co
4
.300
01/15/49
258,597‌
500,000
Southern
California
Gas
Co
3
.950
02/15/50
408,372‌
500,000
Southern
California
Gas
Co
6
.350
11/15/52
578,864‌
1,000,000
Southern
California
Gas
Co
5
.750
06/01/53
1,066,700‌
1,000,000
Southern
California
Gas
Co
5
.600
04/01/54
1,060,045‌
2,000,000
Southern
Co
5
.113
08/01/27
2,046,283‌
1,500,000
Southern
Co
1
.750
03/15/28
1,376,176‌
1,000,000
Southern
Co
5
.500
03/15/29
1,048,931‌
2,500,000
Southern
Co
3
.700
04/30/30
2,416,265‌
1,000,000
Southern
Co
5
.200
06/15/33
1,036,236‌
1,250,000
Southern
Co
5
.700
03/15/34
1,341,646‌
1,000,000
Southern
Co
4
.850
03/15/35
1,008,061‌
400,000
Southern
Co
4
.250
07/01/36
379,471‌
800,000
Southern
Co
4
.400
07/01/46
717,527‌
1,000,000
Southern
Co
4
.000
01/15/51
985,873‌
1,500,000
Southern
Co
3
.750
09/15/51
1,451,760‌
400,000
Southern
Co
Gas
Capital
Corp
3
.250
06/15/26
394,010‌
500,000
Southern
Co
Gas
Capital
Corp
1
.750
01/15/31
424,098‌
1,000,000
Southern
Co
Gas
Capital
Corp
5
.750
09/15/33
1,074,961‌
2,000,000
Southern
Co
Gas
Capital
Corp
4
.950
09/15/34
2,020,884‌
275,000
Southern
Co
Gas
Capital
Corp
4
.400
06/01/43
246,184‌
100,000
Southern
Co
Gas
Capital
Corp
3
.950
10/01/46
82,401‌
900,000
Southern
Co
Gas
Capital
Corp
4
.400
05/30/47
782,054‌
175,000
Southern
Co
Gas
Capital
Corp
3
.150
09/30/51
120,926‌
950,000
Southern
Power
Co
0
.900
01/15/26
908,796‌
300,000
Southern
Power
Co
4
.950
12/15/46
282,038‌
500,000
Southwest
Gas
Corp
5
.800
12/01/27
519,742‌
500,000
Southwest
Gas
Corp
5
.450
03/23/28
515,594‌
150,000
Southwest
Gas
Corp
3
.700
04/01/28
146,186‌
100,000
Southwest
Gas
Corp
2
.200
06/15/30
88,704‌
500,000
Southwest
Gas
Corp
4
.050
03/15/32
475,524‌
100,000
Southwest
Gas
Corp
3
.800
09/29/46
79,859‌
500,000
Southwest
Gas
Corp
4
.150
06/01/49
404,528‌
1,000,000
Southwest
Gas
Corp
3
.180
08/15/51
671,908‌
675,000
Southwestern
Electric
Power
Co
4
.100
09/15/28
669,484‌
500,000
Southwestern
Electric
Power
Co
5
.300
04/01/33
516,051‌
750,000
Southwestern
Electric
Power
Co
3
.850
02/01/48
583,811‌
750,000
Southwestern
Electric
Power
Co
3
.250
11/01/51
519,121‌
600,000
Southwestern
Public
Service
Co
4
.500
08/15/41
549,452‌
300,000
Southwestern
Public
Service
Co
3
.400
08/15/46
222,122‌
225,000
Southwestern
Public
Service
Co
3
.700
08/15/47
178,113‌
200,000
Southwestern
Public
Service
Co
4
.400
11/15/48
171,408‌
750,000
Southwestern
Public
Service
Co
3
.750
06/15/49
588,605‌
650,000
Southwestern
Public
Service
Co
3
.150
05/01/50
454,131‌
475,000
Southwestern
Public
Service
Co
6
.000
06/01/54
519,695‌
500,000
Spire
Missouri,
Inc
4
.800
02/15/33
508,033‌
1,000,000
(a)
Spire
Missouri,
Inc
5
.150
08/15/34
1,039,825‌
1,500,000
Spire
Missouri,
Inc
3
.300
06/01/51
1,084,315‌
1,000,000
System
Energy
Resources,
Inc
6
.000
04/15/28
1,049,019‌
109
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
UTILITIES
-
2.4%
(continued)
$
1,000,000
Tampa
Electric
Co
4
.900
%
03/01/29
$
1,024,789‌
1,000,000
(a)
Tampa
Electric
Co
2
.400
03/15/31
878,764‌
100,000
Tampa
Electric
Co
4
.100
06/15/42
87,922‌
175,000
Tampa
Electric
Co
4
.350
05/15/44
156,952‌
200,000
Tampa
Electric
Co
4
.300
06/15/48
173,812‌
200,000
Tampa
Electric
Co
4
.450
06/15/49
180,410‌
575,000
Tampa
Electric
Co
3
.625
06/15/50
446,017‌
925,000
Tampa
Electric
Co
3
.450
03/15/51
693,448‌
125,000
Tucson
Electric
Power
Co
1
.500
08/01/30
106,741‌
500,000
Tucson
Electric
Power
Co
5
.200
09/15/34
511,576‌
200,000
Tucson
Electric
Power
Co
4
.850
12/01/48
186,433‌
2,000,000
Tucson
Electric
Power
Co
3
.250
05/01/51
1,424,845‌
500,000
Tucson
Electric
Power
Co
5
.500
04/15/53
511,973‌
200,000
Union
Electric
Co
2
.950
06/15/27
194,533‌
300,000
Union
Electric
Co
3
.500
03/15/29
291,843‌
500,000
Union
Electric
Co
2
.950
03/15/30
468,065‌
1,000,000
Union
Electric
Co
2
.150
03/15/32
856,665‌
1,000,000
Union
Electric
Co
5
.200
04/01/34
1,045,310‌
100,000
Union
Electric
Co
8
.450
03/15/39
134,115‌
100,000
Union
Electric
Co
3
.900
09/15/42
85,658‌
100,000
Union
Electric
Co
3
.650
04/15/45
80,511‌
200,000
Union
Electric
Co
4
.000
04/01/48
168,934‌
1,000,000
Union
Electric
Co
3
.250
10/01/49
740,951‌
675,000
Union
Electric
Co
2
.625
03/15/51
437,832‌
125,000
Union
Electric
Co
3
.900
04/01/52
103,070‌
325,000
Union
Electric
Co
5
.450
03/15/53
339,247‌
1,000,000
Union
Electric
Co
5
.250
01/15/54
1,013,901‌
825,000
Union
Electric
Co
5
.125
03/15/55
822,345‌
100,000
United
Utilities
plc
6
.875
08/15/28
108,504‌
900,000
Virginia
Electric
and
Power
Co
2
.950
11/15/26
879,927‌
1,750,000
Virginia
Electric
and
Power
Co
3
.500
03/15/27
1,728,583‌
500,000
Virginia
Electric
and
Power
Co
3
.750
05/15/27
496,145‌
2,000,000
Virginia
Electric
and
Power
Co
3
.800
04/01/28
1,981,076‌
1,000,000
Virginia
Electric
and
Power
Co
2
.875
07/15/29
940,839‌
1,000,000
Virginia
Electric
and
Power
Co
2
.300
11/15/31
872,434‌
1,000,000
Virginia
Electric
and
Power
Co
2
.400
03/30/32
870,760‌
750,000
Virginia
Electric
and
Power
Co
5
.000
04/01/33
768,250‌
1,000,000
Virginia
Electric
and
Power
Co
5
.300
08/15/33
1,041,769‌
500,000
Virginia
Electric
and
Power
Co
5
.000
01/15/34
512,229‌
1,000,000
Virginia
Electric
and
Power
Co
5
.050
08/15/34
1,026,532‌
250,000
Virginia
Electric
and
Power
Co
4
.650
08/15/43
235,513‌
400,000
Virginia
Electric
and
Power
Co
4
.450
02/15/44
362,848‌
200,000
Virginia
Electric
and
Power
Co
4
.200
05/15/45
173,188‌
1,100,000
Virginia
Electric
and
Power
Co
4
.000
11/15/46
920,856‌
700,000
Virginia
Electric
and
Power
Co
3
.800
09/15/47
568,576‌
1,300,000
Virginia
Electric
and
Power
Co
4
.600
12/01/48
1,199,011‌
500,000
Virginia
Electric
and
Power
Co
3
.300
12/01/49
363,771‌
500,000
Virginia
Electric
and
Power
Co
2
.450
12/15/50
309,027‌
500,000
Virginia
Electric
and
Power
Co
4
.625
05/15/52
457,704‌
1,500,000
Virginia
Electric
and
Power
Co
5
.450
04/01/53
1,554,574‌
1,000,000
Virginia
Electric
and
Power
Co
5
.700
08/15/53
1,069,511‌
1,000,000
Virginia
Electric
and
Power
Co
5
.350
01/15/54
1,022,579‌
200,000
Virginia
Electric
and
Power
Co
5
.550
08/15/54
210,217‌
490,000
Virginia
Power
Fuel
Securitization
LLC
5
.088
05/01/27
496,685‌
1,000,000
Virginia
Power
Fuel
Securitization
LLC
4
.877
05/01/31
1,029,285‌
200,000
Washington
Gas
Light
Co
3
.796
09/15/46
162,150‌
700,000
Washington
Gas
Light
Co
3
.650
09/15/49
546,659‌
365,000
WEC
Energy
Group,
Inc
3
.550
06/15/25
361,736‌
1,000,000
WEC
Energy
Group,
Inc
5
.150
10/01/27
1,026,427‌
500,000
WEC
Energy
Group,
Inc
1
.375
10/15/27
459,842‌
1,000,000
WEC
Energy
Group,
Inc
4
.750
01/15/28
1,015,723‌
500,000
WEC
Energy
Group,
Inc
1
.800
10/15/30
432,331‌
Bond
Index
110
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
UTILITIES
-
2.4%
(continued)
$
175,000
Wisconsin
Electric
Power
Co
2
.050
%
12/15/24
$
173,872‌
1,000,000
Wisconsin
Electric
Power
Co
1
.700
06/15/28
918,237‌
1,000,000
Wisconsin
Electric
Power
Co
5
.000
05/15/29
1,037,697‌
575,000
Wisconsin
Electric
Power
Co
4
.750
09/30/32
591,714‌
200,000
Wisconsin
Electric
Power
Co
5
.625
05/15/33
216,769‌
1,000,000
Wisconsin
Electric
Power
Co
4
.600
10/01/34
1,002,413‌
200,000
Wisconsin
Electric
Power
Co
4
.300
10/15/48
177,720‌
425,000
Wisconsin
Electric
Power
Co
5
.050
10/01/54
422,062‌
325,000
Wisconsin
Power
and
Light
Co
3
.050
10/15/27
315,773‌
500,000
Wisconsin
Power
and
Light
Co
3
.000
07/01/29
474,977‌
500,000
Wisconsin
Power
and
Light
Co
3
.950
09/01/32
480,603‌
150,000
Wisconsin
Power
and
Light
Co
4
.950
04/01/33
153,142‌
500,000
Wisconsin
Power
and
Light
Co
5
.375
03/30/34
523,451‌
225,000
Wisconsin
Power
and
Light
Co
3
.650
04/01/50
173,651‌
200,000
Wisconsin
Public
Service
Corp
4
.752
11/01/44
191,893‌
300,000
Wisconsin
Public
Service
Corp
3
.300
09/01/49
221,874‌
550,000
Wisconsin
Public
Service
Corp
2
.850
12/01/51
367,052‌
750,000
Xcel
Energy,
Inc
3
.350
12/01/26
735,046‌
1,000,000
Xcel
Energy,
Inc
1
.750
03/15/27
942,316‌
900,000
Xcel
Energy,
Inc
4
.000
06/15/28
888,909‌
1,000,000
Xcel
Energy,
Inc
2
.350
11/15/31
859,711‌
1,000,000
Xcel
Energy,
Inc
5
.450
08/15/33
1,037,465‌
200,000
Xcel
Energy,
Inc
4
.800
09/15/41
184,002‌
500,000
Xcel
Energy,
Inc
3
.500
12/01/49
368,796‌
TOTAL
UTILITIES
627,878,769‌
TOTAL
CORPORATE
BONDS
(Cost
$7,009,311,332)
6,651,476,693‌
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
GOVERNMENT
BONDS
-
71.9%
AGENCY
SECURITIES
-
0.7%
1,750,000
Federal
Farm
Credit
Bank
(FFCB)
1
.125
01/06/25
1,734,095‌
4,000,000
FFCB
1
.750
02/14/25
3,958,107‌
4,000,000
FFCB
5
.125
10/10/25
4,048,755‌
2,000,000
FFCB
4
.375
06/23/26
2,024,164‌
15,000,000
FFCB
4
.625
07/10/26
15,234,663‌
5,000,000
(a)
FFCB
4
.500
08/14/26
5,076,762‌
4,200,000
FFCB
3
.750
08/16/27
4,214,219‌
5,000,000
FFCB
1
.650
07/23/35
3,834,740‌
1,800,000
Federal
Home
Loan
Bank
(FHLB)
5
.000
02/28/25
1,802,260‌
3,000,000
(a)
FHLB
4
.625
06/06/25
3,011,096‌
2,000,000
FHLB
0
.375
09/04/25
1,934,232‌
3,000,000
FHLB
3
.625
09/04/26
2,996,908‌
15,000,000
FHLB
4
.625
11/17/26
15,302,085‌
5,000,000
FHLB
4
.125
01/15/27
5,053,871‌
5,000,000
FHLB
4
.750
04/09/27
5,138,244‌
10,000,000
(a)
FHLB
4
.000
06/30/28
10,145,022‌
13,875,000
(a)
FHLB
3
.250
11/16/28
13,713,943‌
10,000,000
Federal
Home
Loan
Mortgage
Corp
(FHLMC)
1
.500
02/12/25
9,885,007‌
6,000,000
FHLMC
0
.375
07/21/25
5,827,490‌
5,000,000
FHLMC
0
.375
09/23/25
4,826,669‌
3,000,000
(a)
Federal
National
Mortgage
Association
(FNMA)
1
.625
01/07/25
2,975,802‌
4,000,000
FNMA
0
.625
04/22/25
3,919,134‌
10,000,000
FNMA
0
.375
08/25/25
9,686,545‌
4,500,000
(a)
FNMA
0
.500
11/07/25
4,330,203‌
4,000,000
FNMA
1
.875
09/24/26
3,859,555‌
3,000,000
(a)
FNMA
0
.750
10/08/27
2,758,746‌
10,000,000
FNMA
0
.875
08/05/30
8,519,347‌
5,000,000
FNMA
6
.625
11/15/30
5,785,883‌
1,000,000
FNMA
5
.625
07/15/37
1,153,747‌
1,300,000
Hashemite
Kingdom
of
Jordan
Government
AID
Bond
3
.000
06/30/25
1,284,120‌
250,000
Private
Export
Funding
Corp
(PEFCO)
1
.750
11/15/24
249,034‌
111
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
AGENCY
SECURITIES
(continued)
$
200,000
PEFCO
3
.250
%
06/15/25
$
198,543‌
1,000,000
PEFCO
3
.900
10/15/27
1,006,945‌
2,000,000
(a)
Tennessee
Valley
Authority
(TVA)
0
.750
05/15/25
1,956,479‌
1,425,000
TVA
2
.875
02/01/27
1,399,831‌
1,000,000
TVA
3
.875
03/15/28
1,009,942‌
5,000,000
TVA
1
.500
09/15/31
4,289,329‌
1,500,000
TVA
4
.375
08/01/34
1,529,482‌
500,000
TVA
5
.880
04/01/36
578,542‌
500,000
(a)
TVA
5
.500
06/15/38
560,041‌
4,300,000
TVA
3
.500
12/15/42
3,767,803‌
750,000
TVA
4
.250
09/15/52
696,914‌
1,750,000
TVA
4
.625
09/15/60
1,728,261‌
300,000
TVA
4
.250
09/15/65
275,097‌
TOTAL
AGENCY
SECURITIES
183,281,657‌
FOREIGN
GOVERNMENT
BONDS
-
2.9%
5,000,000
African
Development
Bank
0
.875
03/23/26
4,782,727‌
3,000,000
African
Development
Bank
0
.875
07/22/26
2,850,312‌
1,725,000
African
Development
Bank
4
.625
01/04/27
1,758,910‌
2,000,000
African
Development
Bank
4
.125
02/25/27
2,019,294‌
4,000,000
African
Development
Bank
3
.500
09/18/29
3,971,087‌
2,000,000
Asian
Development
Bank
1
.500
10/18/24
1,996,706‌
6,000,000
Asian
Development
Bank
0
.375
09/03/25
5,795,769‌
3,000,000
Asian
Development
Bank
0
.500
02/04/26
2,867,481‌
5,000,000
Asian
Development
Bank
1
.000
04/14/26
4,787,914‌
1,500,000
Asian
Development
Bank
2
.000
04/24/26
1,457,694‌
1,000,000
Asian
Development
Bank
2
.625
01/12/27
977,489‌
6,000,000
Asian
Development
Bank
1
.500
01/20/27
5,720,248‌
500,000
Asian
Development
Bank
2
.375
08/10/27
483,155‌
500,000
Asian
Development
Bank
2
.500
11/02/27
483,586‌
1,000,000
Asian
Development
Bank
2
.750
01/19/28
973,399‌
1,000,000
Asian
Development
Bank
3
.750
04/25/28
1,004,157‌
2,500,000
Asian
Development
Bank
1
.250
06/09/28
2,300,200‌
75,000
Asian
Development
Bank
5
.820
06/16/28
80,328‌
4,000,000
Asian
Development
Bank
4
.500
08/25/28
4,128,032‌
2,575,000
Asian
Development
Bank
3
.125
09/26/28
2,532,757‌
4,000,000
(a)
Asian
Development
Bank
4
.375
03/06/29
4,119,131‌
2,000,000
Asian
Development
Bank
1
.750
09/19/29
1,829,150‌
3,500,000
Asian
Development
Bank
1
.875
01/24/30
3,200,068‌
1,000,000
Asian
Development
Bank
0
.750
10/08/30
843,357‌
3,000,000
Asian
Development
Bank
1
.500
03/04/31
2,621,165‌
500,000
Asian
Development
Bank
3
.125
04/27/32
479,572‌
2,400,000
Asian
Development
Bank
3
.875
09/28/32
2,421,705‌
2,000,000
Asian
Development
Bank
4
.000
01/12/33
2,019,192‌
1,000,000
Asian
Development
Bank
3
.875
06/14/33
1,001,523‌
3,000,000
Asian
Development
Bank
4
.125
01/12/34
3,056,694‌
3,000,000
Asian
Infrastructure
Investment
Bank
0
.500
01/27/26
2,867,169‌
2,000,000
Asian
Infrastructure
Investment
Bank
4
.875
09/14/26
2,041,434‌
2,000,000
Asian
Infrastructure
Investment
Bank
3
.750
09/14/27
2,004,098‌
2,000,000
(a)
Asian
Infrastructure
Investment
Bank
4
.000
01/18/28
2,025,289‌
1,000,000
Asian
Infrastructure
Investment
Bank
4
.125
01/18/29
1,019,240‌
4,000,000
Asian
Infrastructure
Investment
Bank
4
.250
03/13/34
4,109,133‌
1,000,000
Canada
Government
International
Bond
0
.750
05/19/26
951,774‌
3,620,000
Canada
Government
International
Bond
3
.750
04/26/28
3,636,250‌
5,000,000
Canada
Government
International
Bond
4
.625
04/30/29
5,207,443‌
600,000
Chile
Government
International
Bond
2
.750
01/31/27
579,486‌
1,000,000
Chile
Government
International
Bond
4
.850
01/22/29
1,020,853‌
3,500,000
Chile
Government
International
Bond
2
.550
01/27/32
3,088,760‌
1,000,000
Chile
Government
International
Bond
2
.550
07/27/33
855,471‌
2,600,000
Chile
Government
International
Bond
3
.500
01/31/34
2,388,827‌
5,408,529
Chile
Government
International
Bond
4
.950
01/05/36
5,476,168‌
1,700,000
Chile
Government
International
Bond
3
.100
05/07/41
1,325,422‌
1,000,000
Chile
Government
International
Bond
4
.340
03/07/42
912,302‌
Bond
Index
112
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
FOREIGN
GOVERNMENT
BONDS
(continued)
$
2,613,000
Chile
Government
International
Bond
3
.500
%
01/25/50
$
2,005,359‌
1,500,000
Chile
Government
International
Bond
3
.500
04/15/53
1,132,746‌
1,500,000
Chile
Government
International
Bond
5
.330
01/05/54
1,514,588‌
2,500,000
Chile
Government
International
Bond
3
.100
01/22/61
1,661,833‌
750,000
Chile
Government
International
Bond
3
.250
09/21/71
500,124‌
1,125,000
Corp
Andina
de
Fomento
1
.250
10/26/24
1,121,762‌
1,000,000
Corp
Andina
de
Fomento
1
.625
09/23/25
972,659‌
1,000,000
Corp
Andina
de
Fomento
5
.250
11/21/25
1,008,755‌
1,000,000
Corp
Andina
de
Fomento
4
.750
04/01/26
1,006,860‌
1,000,000
Corp
Andina
de
Fomento
6
.000
04/26/27
1,045,591‌
2,000,000
Council
Of
Europe
Development
Bank
0
.875
09/22/26
1,891,457‌
1,000,000
Council
Of
Europe
Development
Bank
4
.625
06/11/27
1,024,868‌
1,500,000
Council
Of
Europe
Development
Bank
3
.625
01/26/28
1,497,993‌
3,000,000
European
Bank
for
Reconstruction
&
Development
0
.500
11/25/25
2,881,290‌
2,000,000
European
Bank
for
Reconstruction
&
Development
0
.500
01/28/26
1,911,412‌
3,430,000
European
Bank
for
Reconstruction
&
Development
4
.125
01/25/29
3,493,541‌
2,000,000
European
Bank
for
Reconstruction
&
Development
4
.250
03/13/34
2,054,224‌
1,360,000
European
Investment
Bank
2
.500
10/15/24
1,358,674‌
3,000,000
European
Investment
Bank
0
.375
12/15/25
2,874,320‌
3,500,000
European
Investment
Bank
0
.375
03/26/26
3,324,808‌
2,760,000
European
Investment
Bank
0
.750
10/26/26
2,599,716‌
7,000,000
European
Investment
Bank
1
.375
03/15/27
6,632,032‌
2,675,000
European
Investment
Bank
4
.375
03/19/27
2,722,629‌
400,000
European
Investment
Bank
2
.375
05/24/27
387,421‌
250,000
European
Investment
Bank
0
.625
10/21/27
228,519‌
1,310,000
European
Investment
Bank
3
.250
11/15/27
1,296,816‌
4,000,000
European
Investment
Bank
3
.875
03/15/28
4,034,855‌
4,000,000
European
Investment
Bank
4
.500
10/16/28
4,133,889‌
4,550,000
European
Investment
Bank
4
.000
02/15/29
4,619,422‌
4,500,000
European
Investment
Bank
4
.750
06/15/29
4,716,006‌
550,000
European
Investment
Bank
1
.625
10/09/29
499,837‌
1,000,000
European
Investment
Bank
0
.875
05/17/30
858,999‌
2,000,000
European
Investment
Bank
3
.625
07/15/30
1,996,004‌
2,000,000
European
Investment
Bank
0
.750
09/23/30
1,691,689‌
2,500,000
European
Investment
Bank
1
.250
02/14/31
2,154,736‌
3,000,000
European
Investment
Bank
4
.375
10/10/31
3,123,600‌
3,660,000
(a)
European
Investment
Bank
3
.750
02/14/33
3,634,287‌
6,870,000
European
Investment
Bank
4
.125
02/13/34
7,005,341‌
1,705,000
European
Investment
Bank
4
.875
02/15/36
1,844,900‌
1,000,000
Export
Development
Canada
4
.375
06/29/26
1,008,739‌
1,000,000
Export
Development
Canada
3
.750
09/07/27
1,002,830‌
2,700,000
Export
Development
Canada
3
.875
02/14/28
2,718,025‌
3,000,000
Export
Development
Canada
4
.125
02/13/29
3,053,531‌
2,500,000
Export
Development
Canada
4
.750
06/05/34
2,670,131‌
1,000,000
Export-Import
Bank
of
Korea
0
.750
09/21/25
966,495‌
250,000
Export-Import
Bank
of
Korea
3
.250
11/10/25
247,120‌
1,000,000
Export-Import
Bank
of
Korea
0
.625
02/09/26
954,128‌
500,000
Export-Import
Bank
of
Korea
2
.625
05/26/26
488,015‌
500,000
Export-Import
Bank
of
Korea
3
.250
08/12/26
492,860‌
750,000
Export-Import
Bank
of
Korea
1
.125
12/29/26
704,316‌
1,000,000
Export-Import
Bank
of
Korea
4
.625
01/11/27
1,014,659‌
1,000,000
Export-Import
Bank
of
Korea
1
.625
01/18/27
948,812‌
500,000
Export-Import
Bank
of
Korea
2
.375
04/21/27
480,862‌
1,000,000
Export-Import
Bank
of
Korea
4
.250
09/15/27
1,008,786‌
1,500,000
Export-Import
Bank
of
Korea
5
.000
01/11/28
1,543,200‌
1,500,000
Export-Import
Bank
of
Korea
5
.125
09/18/28
1,558,651‌
1,000,000
Export-Import
Bank
of
Korea
4
.500
01/11/29
1,018,154‌
1,000,000
Export-Import
Bank
of
Korea
4
.000
09/11/29
997,149‌
1,000,000
Export-Import
Bank
of
Korea
1
.250
09/21/30
848,845‌
1,000,000
Export-Import
Bank
of
Korea
1
.375
02/09/31
834,651‌
1,000,000
Export-Import
Bank
of
Korea
2
.125
01/18/32
859,188‌
485,000
Export-Import
Bank
of
Korea
4
.500
09/15/32
487,361‌
113
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
FOREIGN
GOVERNMENT
BONDS
(continued)
$
1,500,000
Export-Import
Bank
of
Korea
5
.125
%
01/11/33
$
1,571,437‌
1,500,000
Export-Import
Bank
of
Korea
5
.125
09/18/33
1,575,088‌
1,000,000
Export-Import
Bank
of
Korea
4
.625
01/11/34
1,013,008‌
1,000,000
Export-Import
Bank
of
Korea
2
.500
06/29/41
744,370‌
100,000
Finland
Government
International
Bond
6
.950
02/15/26
103,472‌
1,250,000
Hungary
Government
International
Bond
7
.625
03/29/41
1,491,992‌
200,000
Hydro-Quebec
8
.500
12/01/29
238,121‌
1,000,000
Indonesia
Government
International
Bond
4
.150
09/20/27
1,003,274‌
750,000
Indonesia
Government
International
Bond
3
.500
01/11/28
736,162‌
1,500,000
Indonesia
Government
International
Bond
4
.550
01/11/28
1,519,500‌
900,000
Indonesia
Government
International
Bond
4
.750
02/11/29
921,375‌
1,000,000
Indonesia
Government
International
Bond
4
.400
03/10/29
1,008,831‌
1,250,000
Indonesia
Government
International
Bond
3
.400
09/18/29
1,204,940‌
1,000,000
Indonesia
Government
International
Bond
2
.850
02/14/30
931,400‌
675,000
Indonesia
Government
International
Bond
3
.850
10/15/30
658,391‌
1,500,000
Indonesia
Government
International
Bond
1
.850
03/12/31
1,289,847‌
1,500,000
Indonesia
Government
International
Bond
2
.150
07/28/31
1,300,267‌
300,000
Indonesia
Government
International
Bond
3
.550
03/31/32
282,305‌
1,000,000
Indonesia
Government
International
Bond
4
.650
09/20/32
1,007,870‌
1,275,000
Indonesia
Government
International
Bond
4
.850
01/11/33
1,300,704‌
1,000,000
Indonesia
Government
International
Bond
4
.700
02/10/34
1,007,480‌
1,000,000
Indonesia
Government
International
Bond
4
.750
09/10/34
1,008,846‌
875,000
(a)
Indonesia
Government
International
Bond
4
.350
01/11/48
807,187‌
1,125,000
(a)
Indonesia
Government
International
Bond
5
.350
02/11/49
1,188,281‌
1,000,000
(a)
Indonesia
Government
International
Bond
3
.700
10/30/49
823,746‌
1,000,000
(a)
Indonesia
Government
International
Bond
3
.500
02/14/50
796,025‌
2,000,000
(a)
Indonesia
Government
International
Bond
4
.200
10/15/50
1,789,364‌
485,000
Indonesia
Government
International
Bond
4
.300
03/31/52
438,925‌
500,000
Indonesia
Government
International
Bond
5
.450
09/20/52
528,750‌
1,500,000
(a)
Indonesia
Government
International
Bond
5
.650
01/11/53
1,626,000‌
1,000,000
Indonesia
Government
International
Bond
5
.100
02/10/54
1,013,112‌
1,000,000
Indonesia
Government
International
Bond
5
.150
09/10/54
1,016,111‌
1,000,000
Indonesia
Government
International
Bond
3
.200
09/23/61
698,035‌
500,000
Indonesia
Government
International
Bond
4
.450
04/15/70
444,375‌
1,750,000
Indonesia
Government
International
Bond
3
.350
03/12/71
1,231,125‌
4,000,000
Inter-American
Development
Bank
0
.875
04/20/26
3,820,986‌
1,500,000
Inter-American
Development
Bank
2
.000
06/02/26
1,455,414‌
1,500,000
Inter-American
Development
Bank
2
.000
07/23/26
1,453,308‌
5,000,000
Inter-American
Development
Bank
1
.500
01/13/27
4,765,984‌
1,000,000
Inter-American
Development
Bank
4
.375
02/01/27
1,014,942‌
1,000,000
Inter-American
Development
Bank
2
.375
07/07/27
966,628‌
2,000,000
Inter-American
Development
Bank
0
.625
09/16/27
1,833,396‌
3,000,000
Inter-American
Development
Bank
4
.000
01/12/28
3,034,465‌
4,000,000
Inter-American
Development
Bank
1
.125
07/20/28
3,650,847‌
2,000,000
Inter-American
Development
Bank
3
.125
09/18/28
1,965,412‌
4,000,000
Inter-American
Development
Bank
4
.125
02/15/29
4,079,048‌
3,000,000
Inter-American
Development
Bank
2
.250
06/18/29
2,820,134‌
2,000,000
(a)
Inter-American
Development
Bank
3
.500
09/14/29
1,986,915‌
3,000,000
Inter-American
Development
Bank
1
.125
01/13/31
2,565,259‌
2,000,000
Inter-American
Development
Bank
4
.500
09/13/33
2,090,893‌
5,000,000
Inter-American
Development
Bank
4
.375
07/17/34
5,185,568‌
1,450,000
Inter-American
Development
Bank
3
.200
08/07/42
1,244,554‌
300,000
Inter-American
Development
Bank
4
.375
01/24/44
299,879‌
750,000
Inter-American
Investment
Corp
4
.750
09/19/28
778,804‌
5,500,000
International
Bank
for
Reconstruction
&
Development
0
.500
10/28/25
5,296,265‌
500,000
International
Bank
for
Reconstruction
&
Development
3
.125
11/20/25
494,983‌
7,000,000
International
Bank
for
Reconstruction
&
Development
0
.875
07/15/26
6,653,479‌
2,000,000
International
Bank
for
Reconstruction
&
Development
0
.750
11/24/27
1,831,142‌
2,000,000
International
Bank
for
Reconstruction
&
Development
3
.500
07/12/28
1,992,372‌
5,000,000
International
Bank
for
Reconstruction
&
Development
4
.625
08/01/28
5,180,038‌
6,000,000
International
Bank
for
Reconstruction
&
Development
3
.625
09/21/29
5,997,791‌
2,000,000
International
Bank
for
Reconstruction
&
Development
1
.750
10/23/29
1,825,880‌
Bond
Index
114
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
FOREIGN
GOVERNMENT
BONDS
(continued)
$
6,000,000
International
Bank
for
Reconstruction
&
Development
3
.875
%
02/14/30
$
6,060,248‌
5,000,000
International
Bank
for
Reconstruction
&
Development
0
.875
05/14/30
4,294,210‌
10,992,000
International
Bank
for
Reconstruction
&
Development
4
.000
07/25/30
11,170,968‌
3,000,000
International
Bank
for
Reconstruction
&
Development
0
.750
08/26/30
2,535,884‌
5,000,000
International
Bank
for
Reconstruction
&
Development
1
.250
02/10/31
4,301,189‌
5,000,000
International
Bank
for
Reconstruction
&
Development
1
.625
11/03/31
4,344,199‌
5,000,000
International
Bank
for
Reconstruction
&
Development
2
.500
03/29/32
4,601,016‌
1,000,000
International
Bank
for
Reconstruction
&
Development
4
.750
11/14/33
1,066,165‌
834,000
(a)
International
Bank
for
Reconstruction
&
Development
4
.750
02/15/35
886,301‌
715,000
International
Finance
Corp
4
.375
01/15/27
725,299‌
1,500,000
International
Finance
Corp
4
.500
07/13/28
1,549,680‌
2,500,000
International
Finance
Corp
4
.250
07/02/29
2,564,395‌
5,000,000
International
Finance
Corp
0
.750
08/27/30
4,232,877‌
1,000,000
Israel
Government
International
Bond
2
.875
03/16/26
967,996‌
975,000
Israel
Government
International
Bond
3
.250
01/17/28
920,868‌
3,000,000
Israel
Government
International
Bond
5
.375
03/12/29
3,048,390‌
600,000
Israel
Government
International
Bond
2
.750
07/03/30
525,750‌
1,915,000
Israel
Government
International
Bond
4
.500
01/17/33
1,799,334‌
1,500,000
(a)
Israel
Government
International
Bond
5
.500
03/12/34
1,503,473‌
1,500,000
Israel
Government
International
Bond
4
.500
01/30/43
1,274,040‌
200,000
Israel
Government
International
Bond
4
.125
01/17/48
155,700‌
2,050,000
Israel
Government
International
Bond
3
.375
01/15/50
1,391,438‌
1,800,000
Israel
Government
International
Bond
3
.875
07/03/50
1,318,500‌
2,000,000
Israel
Government
International
Bond
5
.750
03/12/54
1,901,720‌
300,000
Israel
Government
International
Bond
4
.500
04/03/20
220,500‌
720,000
Japan
Bank
for
International
Cooperation
1
.750
10/17/24
718,956‌
500,000
Japan
Bank
for
International
Cooperation
2
.125
02/10/25
495,282‌
5,750,000
Japan
Bank
for
International
Cooperation
2
.750
01/21/26
5,650,113‌
400,000
Japan
Bank
for
International
Cooperation
2
.375
04/20/26
390,087‌
1,000,000
Japan
Bank
for
International
Cooperation
4
.250
04/27/26
1,003,491‌
1,500,000
Japan
Bank
for
International
Cooperation
1
.875
07/21/26
1,446,604‌
1,000,000
Japan
Bank
for
International
Cooperation
2
.875
06/01/27
975,303‌
750,000
Japan
Bank
for
International
Cooperation
2
.875
07/21/27
730,570‌
1,125,000
Japan
Bank
for
International
Cooperation
4
.625
07/22/27
1,148,610‌
300,000
Japan
Bank
for
International
Cooperation
2
.750
11/16/27
290,439‌
1,000,000
Japan
Bank
for
International
Cooperation
4
.625
07/19/28
1,029,012‌
1,000,000
Japan
Bank
for
International
Cooperation
4
.875
10/18/28
1,040,538‌
750,000
Japan
Bank
for
International
Cooperation
3
.500
10/31/28
741,498‌
2,000,000
Japan
Bank
for
International
Cooperation
2
.125
02/16/29
1,861,505‌
1,000,000
Japan
Bank
for
International
Cooperation
2
.000
10/17/29
916,255‌
1,500,000
Japan
Bank
for
International
Cooperation
1
.250
01/21/31
1,276,237‌
1,200,000
Japan
Bank
for
International
Cooperation
4
.375
01/24/31
1,230,088‌
3,000,000
Japan
Bank
for
International
Cooperation
1
.875
04/15/31
2,645,007‌
1,000,000
Japan
Bank
for
International
Cooperation
4
.625
04/17/34
1,046,465‌
350,000
Japan
International
Cooperation
Agency
2
.125
10/20/26
337,590‌
1,900,000
Japan
International
Cooperation
Agency
3
.250
05/25/27
1,867,442‌
1,000,000
Japan
International
Cooperation
Agency
4
.000
05/23/28
1,005,475‌
700,000
Japan
International
Cooperation
Agency
3
.375
06/12/28
688,942‌
2,000,000
Japan
International
Cooperation
Agency
4
.750
05/21/29
2,074,670‌
2,000,000
Japan
International
Cooperation
Agency
1
.000
07/22/30
1,698,252‌
1,500,000
Japan
International
Cooperation
Agency
1
.750
04/28/31
1,307,612‌
200,000
Korea
Development
Bank
3
.375
09/16/25
198,152‌
400,000
Korea
Development
Bank
3
.000
01/13/26
394,464‌
1,000,000
Korea
Development
Bank
0
.800
04/27/26
950,442‌
1,000,000
Korea
Development
Bank
0
.800
07/19/26
943,669‌
1,000,000
Korea
Development
Bank
1
.000
09/09/26
943,038‌
250,000
Korea
Development
Bank
2
.000
09/12/26
240,320‌
1,000,000
Korea
Development
Bank
2
.250
02/24/27
962,016‌
1,000,000
Korea
Development
Bank
5
.375
10/23/28
1,049,348‌
2,000,000
Korea
Development
Bank
4
.500
02/15/29
2,037,105‌
1,000,000
Korea
Development
Bank
1
.625
01/19/31
848,155‌
1,000,000
Korea
Development
Bank
5
.625
10/23/33
1,086,057‌
115
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
FOREIGN
GOVERNMENT
BONDS
(continued)
$
1,500,000
Korea
International
Bond
2
.750
%
01/19/27
$
1,466,505‌
2,500,000
Korea
International
Bond
4
.500
07/03/29
2,579,466‌
1,400,000
Korea
International
Bond
4
.125
06/10/44
1,317,134‌
500,000
Korea
International
Bond
3
.875
09/20/48
446,569‌
5,000,000
Kreditanstalt
fuer
Wiederaufbau
1
.250
01/31/25
4,943,443‌
4,500,000
Kreditanstalt
fuer
Wiederaufbau
0
.625
01/22/26
4,313,652‌
3,219,000
Kreditanstalt
fuer
Wiederaufbau
1
.000
10/01/26
3,052,903‌
3,000,000
Kreditanstalt
fuer
Wiederaufbau
3
.000
05/20/27
2,951,547‌
5,500,000
Kreditanstalt
fuer
Wiederaufbau
3
.750
02/15/28
5,524,672‌
7,750,000
(a)
Kreditanstalt
fuer
Wiederaufbau
2
.875
04/03/28
7,565,729‌
2,000,000
Kreditanstalt
fuer
Wiederaufbau
3
.875
06/15/28
2,018,798‌
1,000,000
Kreditanstalt
fuer
Wiederaufbau
1
.750
09/14/29
915,747‌
5,000,000
Kreditanstalt
fuer
Wiederaufbau
0
.750
09/30/30
4,228,050‌
500,000
Landwirtschaftliche
Rentenbank
2
.000
01/13/25
496,095‌
1,000,000
Landwirtschaftliche
Rentenbank
1
.750
07/27/26
964,246‌
3,000,000
Landwirtschaftliche
Rentenbank
3
.875
09/28/27
3,019,217‌
125,000
Landwirtschaftliche
Rentenbank
2
.500
11/15/27
120,803‌
4,000,000
Landwirtschaftliche
Rentenbank
0
.875
09/03/30
3,401,762‌
1,125,000
Mexico
Government
International
Bond
5
.400
02/09/28
1,148,794‌
4,000,000
Mexico
Government
International
Bond
5
.000
05/07/29
4,022,313‌
15,464,000
Mexico
Government
International
Bond
2
.659
05/24/31
13,275,268‌
10,635,000
Mexico
Government
International
Bond
4
.875
05/19/33
10,188,301‌
2,000,000
Mexico
Government
International
Bond
3
.500
02/12/34
1,701,550‌
1,000,000
Mexico
Government
International
Bond
6
.350
02/09/35
1,047,965‌
5,150,000
Mexico
Government
International
Bond
6
.000
05/07/36
5,244,715‌
1,000,000
Mexico
Government
International
Bond
5
.000
04/27/51
842,666‌
14,196,000
Mexico
Government
International
Bond
6
.338
05/04/53
14,096,346‌
2,575,000
Mexico
Government
International
Bond
6
.400
05/07/54
2,575,955‌
2,936,000
Mexico
Government
International
Bond
3
.771
05/24/61
1,914,727‌
3,000,000
Mexico
Government
International
Bond
3
.750
04/19/71
1,903,762‌
950,000
Mexico
Government
International
Bond
5
.750
10/12/10
824,206‌
2,000,000
Nordic
Investment
Bank
0
.375
09/11/25
1,930,925‌
1,200,000
Nordic
Investment
Bank
5
.000
10/15/25
1,211,077‌
1,500,000
Nordic
Investment
Bank
0
.500
01/21/26
1,434,313‌
1,000,000
(a)
Nordic
Investment
Bank
3
.375
09/08/27
991,903‌
3,000,000
Nordic
Investment
Bank
4
.250
02/28/29
3,071,105‌
2,000,000
Oriental
Republic
of
Uruguay
5
.250
09/10/60
2,000,490‌
1,000,000
Panama
Government
International
Bond
3
.750
03/16/25
992,231‌
300,000
Panama
Government
International
Bond
7
.125
01/29/26
308,878‌
2,000,000
Panama
Government
International
Bond
3
.875
03/17/28
1,926,775‌
1,450,000
Panama
Government
International
Bond
3
.160
01/23/30
1,295,609‌
1,000,000
Panama
Government
International
Bond
7
.500
03/01/31
1,092,542‌
2,500,000
Panama
Government
International
Bond
2
.252
09/29/32
1,931,124‌
2,500,000
Panama
Government
International
Bond
3
.298
01/19/33
2,083,784‌
2,500,000
Panama
Government
International
Bond
6
.400
02/14/35
2,550,833‌
692,000
Panama
Government
International
Bond
6
.700
01/26/36
720,271‌
1,000,000
Panama
Government
International
Bond
6
.875
01/31/36
1,048,092‌
1,000,000
Panama
Government
International
Bond
8
.000
03/01/38
1,129,298‌
750,000
Panama
Government
International
Bond
4
.500
05/15/47
567,946‌
2,250,000
Panama
Government
International
Bond
4
.500
04/16/50
1,651,051‌
1,450,000
Panama
Government
International
Bond
4
.300
04/29/53
1,025,231‌
1,500,000
Panama
Government
International
Bond
6
.853
03/28/54
1,516,456‌
1,500,000
Panama
Government
International
Bond
4
.500
04/01/56
1,077,513‌
1,000,000
(a)
Panama
Government
International
Bond
7
.875
03/01/57
1,128,549‌
3,500,000
Panama
Government
International
Bond
3
.870
07/23/60
2,200,448‌
1,250,000
Panama
Government
International
Bond
4
.500
01/19/63
872,077‌
5,000,000
Peruvian
Government
International
Bond
2
.844
06/20/30
4,554,999‌
2,500,000
Peruvian
Government
International
Bond
2
.783
01/23/31
2,227,499‌
1,500,000
Peruvian
Government
International
Bond
1
.862
12/01/32
1,202,597‌
990,000
Peruvian
Government
International
Bond
3
.000
01/15/34
848,100‌
415,000
Peruvian
Government
International
Bond
5
.375
02/08/35
424,965‌
1,100,000
Peruvian
Government
International
Bond
6
.550
03/14/37
1,231,151‌
Bond
Index
116
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
FOREIGN
GOVERNMENT
BONDS
(continued)
$
1,000,000
Peruvian
Government
International
Bond
3
.300
%
03/11/41
$
786,707‌
1,850,000
Peruvian
Government
International
Bond
5
.625
11/18/50
1,906,172‌
2,000,000
Peruvian
Government
International
Bond
3
.550
03/10/51
1,510,710‌
2,520,000
Peruvian
Government
International
Bond
5
.875
08/08/54
2,641,468‌
1,500,000
Peruvian
Government
International
Bond
2
.780
12/01/60
902,842‌
1,500,000
Peruvian
Government
International
Bond
3
.600
01/15/72
1,024,913‌
1,000,000
(a)
Peruvian
Government
International
Bond
3
.230
07/28/21
596,516‌
1,000,000
Philippine
Government
International
Bond
3
.229
03/29/27
978,890‌
1,000,000
Philippine
Government
International
Bond
5
.170
10/13/27
1,029,380‌
2,219,000
Philippine
Government
International
Bond
3
.000
02/01/28
2,135,965‌
2,000,000
Philippine
Government
International
Bond
4
.625
07/17/28
2,031,017‌
3,375,000
Philippine
Government
International
Bond
3
.750
01/14/29
3,317,882‌
1,000,000
Philippine
Government
International
Bond
4
.375
03/05/30
1,002,654‌
1,500,000
Philippine
Government
International
Bond
2
.457
05/05/30
1,361,460‌
2,000,000
(a)
Philippine
Government
International
Bond
1
.648
06/10/31
1,688,338‌
2,000,000
Philippine
Government
International
Bond
1
.950
01/06/32
1,692,900‌
1,000,000
Philippine
Government
International
Bond
3
.556
09/29/32
936,243‌
1,000,000
Philippine
Government
International
Bond
5
.609
04/13/33
1,071,425‌
1,500,000
Philippine
Government
International
Bond
5
.000
07/17/33
1,546,818‌
1,500,000
Philippine
Government
International
Bond
5
.250
05/14/34
1,570,050‌
1,000,000
Philippine
Government
International
Bond
4
.750
03/05/35
1,009,996‌
4,083,000
Philippine
Government
International
Bond
3
.950
01/20/40
3,690,489‌
300,000
Philippine
Government
International
Bond
3
.700
03/01/41
260,512‌
3,793,000
Philippine
Government
International
Bond
3
.700
02/02/42
3,271,463‌
1,500,000
Philippine
Government
International
Bond
2
.950
05/05/45
1,105,842‌
1,500,000
Philippine
Government
International
Bond
2
.650
12/10/45
1,055,100‌
325,000
Philippine
Government
International
Bond
4
.200
03/29/47
290,452‌
1,000,000
Philippine
Government
International
Bond
5
.950
10/13/47
1,125,232‌
1,000,000
Philippine
Government
International
Bond
5
.500
01/17/48
1,067,097‌
1,500,000
Philippine
Government
International
Bond
5
.600
05/14/49
1,620,000‌
1,000,000
Philippine
Government
International
Bond
5
.175
09/05/49
1,018,341‌
925,000
Province
of
Alberta
Canada
3
.300
03/15/28
910,999‌
1,000,000
Province
of
Alberta
Canada
4
.500
06/26/29
1,028,668‌
2,000,000
Province
of
Alberta
Canada
1
.300
07/22/30
1,733,498‌
1,000,000
Province
of
Alberta
Canada
4
.500
01/24/34
1,024,448‌
850,000
Province
of
British
Columbia
Canada
2
.250
06/02/26
827,482‌
1,500,000
Province
of
British
Columbia
Canada
0
.900
07/20/26
1,423,333‌
1,000,000
Province
of
British
Columbia
Canada
4
.800
11/15/28
1,039,921‌
5,000,000
Province
of
British
Columbia
Canada
4
.900
04/24/29
5,225,816‌
1,500,000
Province
of
British
Columbia
Canada
1
.300
01/29/31
1,281,386‌
850,000
Province
of
British
Columbia
Canada
4
.200
07/06/33
853,971‌
3,000,000
Province
of
British
Columbia
Canada
4
.750
06/12/34
3,133,477‌
500,000
Province
of
Manitoba
Canada
2
.125
06/22/26
485,152‌
1,500,000
Province
of
Manitoba
Canada
1
.500
10/25/28
1,373,940‌
1,000,000
Province
of
Manitoba
Canada
4
.300
07/27/33
1,007,811‌
1,500,000
Province
of
Manitoba
Canada
4
.900
05/31/34
1,583,915‌
500,000
Province
of
New
Brunswick
Canada
3
.625
02/24/28
494,707‌
2,000,000
Province
of
Ontario
Canada
0
.625
01/21/26
1,913,356‌
1,500,000
Province
of
Ontario
Canada
1
.050
04/14/26
1,436,168‌
1,000,000
Province
of
Ontario
Canada
2
.500
04/27/26
978,347‌
1,000,000
Province
of
Ontario
Canada
2
.300
06/15/26
974,076‌
1,000,000
Province
of
Ontario
Canada
3
.100
05/19/27
983,357‌
1,000,000
Province
of
Ontario
Canada
1
.050
05/21/27
932,200‌
1,000,000
Province
of
Ontario
Canada
4
.200
01/18/29
1,015,194‌
1,500,000
Province
of
Ontario
Canada
3
.700
09/17/29
1,492,276‌
2,000,000
Province
of
Ontario
Canada
2
.000
10/02/29
1,834,794‌
1,000,000
Province
of
Ontario
Canada
1
.125
10/07/30
853,310‌
3,000,000
Province
of
Ontario
Canada
1
.600
02/25/31
2,605,977‌
1,500,000
Province
of
Ontario
Canada
1
.800
10/14/31
1,300,781‌
3,000,000
Province
of
Ontario
Canada
2
.125
01/21/32
2,650,697‌
2,000,000
Province
of
Ontario
Canada
5
.050
04/24/34
2,135,884‌
3,500,000
Province
of
Quebec
Canada
2
.500
04/20/26
3,425,020‌
117
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
FOREIGN
GOVERNMENT
BONDS
(continued)
$
500,000
Province
of
Quebec
Canada
2
.750
%
04/12/27
$
487,869‌
3,000,000
Province
of
Quebec
Canada
3
.625
04/13/28
2,986,606‌
1,000,000
Province
of
Quebec
Canada
4
.500
04/03/29
1,028,278‌
201,000
Province
of
Quebec
Canada
7
.500
09/15/29
233,503‌
1,500,000
Province
of
Quebec
Canada
1
.350
05/28/30
1,309,049‌
3,000,000
Province
of
Quebec
Canada
1
.900
04/21/31
2,645,427‌
2,000,000
Province
of
Quebec
Canada
4
.500
09/08/33
2,053,889‌
1,000,000
Province
of
Quebec
Canada
4
.250
09/05/34
1,006,041‌
1,000,000
Province
of
Saskatchewan
Canada
3
.250
06/08/27
984,394‌
2,000,000
Republic
of
Italy
Government
International
Bond
2
.375
10/17/24
1,997,440‌
1,500,000
Republic
of
Italy
Government
International
Bond
2
.875
10/17/29
1,390,444‌
1,599,000
Republic
of
Italy
Government
International
Bond
5
.375
06/15/33
1,650,756‌
2,000,000
Republic
of
Italy
Government
International
Bond
4
.000
10/17/49
1,535,000‌
3,750,000
Republic
of
Italy
Government
International
Bond
3
.875
05/06/51
2,759,229‌
2,725,000
Republic
of
Poland
Government
International
Bond
3
.250
04/06/26
2,692,954‌
1,500,000
Republic
of
Poland
Government
International
Bond
5
.500
11/16/27
1,565,903‌
3,000,000
Republic
of
Poland
Government
International
Bond
4
.625
03/18/29
3,066,030‌
850,000
Republic
of
Poland
Government
International
Bond
5
.750
11/16/32
912,701‌
2,000,000
Republic
of
Poland
Government
International
Bond
4
.875
10/04/33
2,033,034‌
2,900,000
Republic
of
Poland
Government
International
Bond
5
.125
09/18/34
2,980,069‌
1,050,000
Republic
of
Poland
Government
International
Bond
5
.500
04/04/53
1,074,221‌
4,150,000
Republic
of
Poland
Government
International
Bond
5
.500
03/18/54
4,238,457‌
2,000,000
State
of
Israel
2
.500
01/15/30
1,754,460‌
2,250,000
Svensk
Exportkredit
AB
4
.625
11/28/25
2,261,523‌
1,000,000
Svensk
Exportkredit
AB
4
.875
09/14/26
1,019,296‌
3,000,000
Svensk
Exportkredit
AB
3
.750
09/13/27
3,005,777‌
1,500,000
Svensk
Exportkredit
AB
4
.125
06/14/28
1,520,674‌
1,000,000
Svensk
Exportkredit
AB
4
.250
02/01/29
1,019,216‌
1,000,000
Svensk
Exportkredit
AB
4
.875
10/04/30
1,054,517‌
1,122,886
Uruguay
Government
International
Bond
4
.375
01/23/31
1,127,022‌
5,957,660
Uruguay
Government
International
Bond
5
.750
10/28/34
6,456,148‌
500,000
Uruguay
Government
International
Bond
4
.125
11/20/45
460,056‌
2,063,907
Uruguay
Government
International
Bond
5
.100
06/18/50
2,059,881‌
2,425,000
Uruguay
Government
International
Bond
4
.975
04/20/55
2,352,589‌
TOTAL
FOREIGN
GOVERNMENT
BONDS
753,965,068‌
MORTGAGE
BACKED
-
25.1%
4,380
(d)
Federal
Home
Loan
Mortgage
Corp
(FHLMC),
(DGS1
+
2.250%)
6
.959
04/01/35
4,509‌
1,073
(d)
FHLMC,
(DGS1
+
2.125%)
6
.250
10/01/35
1,096‌
10,246
(d)
FHLMC,
(DGS1
+
2.255%)
6
.380
02/01/36
10,523‌
138
(d)
FHLMC,
(LIBOR
12
M
+
1.640%)
7
.312
07/01/36
140‌
16,879
(d)
FHLMC,
(LIBOR
6
M
+
1.595%)
6
.306
09/01/36
16,784‌
9,968
(d)
FHLMC,
(DGS1
+
2.246%)
6
.502
09/01/36
10,222‌
11,399
(d)
FHLMC,
(LIBOR
6
M
+
1.758%)
7
.448
09/01/36
11,578‌
6,909
(d)
FHLMC,
(DGS1
+
2.250%)
6
.498
01/01/37
7,138‌
1,206
(d)
FHLMC,
(LIBOR
12
M
+
1.765%)
6
.226
02/01/37
1,224‌
564
(d)
FHLMC,
(DGS1
+
2.250%)
6
.506
02/01/37
585‌
52,379
(d)
FHLMC,
(LIBOR
12
M
+
1.856%)
6
.284
03/01/37
53,863‌
7,983,408
FHLMC
1
.500
04/01/37
7,122,891‌
38,350
(d)
FHLMC,
(DGS1
+
2.250%)
6
.426
04/01/37
39,633‌
15,601
(d)
FHLMC,
(LIBOR
12
M
+
1.606%)
6
.962
04/01/37
15,721‌
11,822,924
FHLMC
2
.000
05/01/37
10,812,208‌
3,960
(d)
FHLMC,
(LIBOR
12
M
+
2.096%)
7
.215
05/01/37
4,014‌
12,579
(d)
FHLMC,
(DGS1
+
2.248%)
6
.669
06/01/37
12,948‌
1,149
(d)
FHLMC,
(LIBOR
12
M
+
1.750%)
7
.625
06/01/37
1,165‌
24,758
(d)
FHLMC,
(LIBOR
6
M
+
1.270%)
7
.020
08/01/37
24,879‌
3,797
(d)
FHLMC,
(LIBOR
12
M
+
0.905%)
6
.655
09/01/37
3,812‌
1,320
(d)
FHLMC,
(LIBOR
6
M
+
1.520%)
7
.170
09/01/37
1,318‌
174
(d)
FHLMC,
(LIBOR
12
M
+
1.795%)
7
.545
09/01/37
177‌
18,136
(d)
FHLMC,
(LIBOR
12
M
+
2.055%)
7
.430
04/01/38
18,714‌
4,782
(d)
FHLMC,
(LIBOR
12
M
+
2.004%)
7
.231
06/01/38
4,865‌
1,731
(d)
FHLMC,
(LIBOR
12
M
+
1.625%)
7
.375
07/01/38
1,766‌
2,936
(d)
FHLMC,
(LIBOR
12
M
+
1.861%)
7
.736
06/01/40
2,978‌
Bond
Index
118
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MORTGAGE
BACKED
(continued)
$
4,830
(d)
FHLMC,
(LIBOR
12
M
+
1.887%)
6
.217
%
01/01/41
$
4,890‌
2,283
(d)
FHLMC,
(LIBOR
12
M
+
1.880%)
7
.255
05/01/41
2,348‌
53,619
(d)
FHLMC,
(LIBOR
12
M
+
1.862%)
6
.542
08/01/41
54,514‌
35,850
(d)
FHLMC,
(LIBOR
12
M
+
1.750%)
6
.503
09/01/41
37,175‌
6,212
(d)
FHLMC,
(LIBOR
12
M
+
1.860%)
6
.110
10/01/41
6,337‌
5,062,607
FHLMC
4
.000
07/01/49
4,924,282‌
2,995,602
FHLMC
4
.000
07/01/49
2,910,197‌
11,251,399
FHLMC
3
.000
11/01/49
10,322,330‌
10,567,084
FHLMC
3
.000
11/01/49
9,641,757‌
21,995,328
FHLMC
3
.000
02/01/50
20,074,711‌
15,153,675
FHLMC
3
.500
04/01/50
14,321,522‌
6,271,150
FHLMC
2
.000
07/01/50
5,230,729‌
11,768,484
FHLMC
2
.500
07/01/50
10,272,453‌
7,503,820
FHLMC
3
.500
07/01/50
7,077,405‌
9,490,769
FHLMC
3
.500
08/01/50
8,937,955‌
2,662,980
FHLMC
4
.000
11/01/50
2,590,200‌
6,773,156
FHLMC
2
.000
02/01/51
5,649,290‌
14,950,405
FHLMC
2
.500
04/01/51
12,991,673‌
6,539,688
FHLMC
2
.500
02/01/52
5,664,207‌
5,181,894
FHLMC
4
.000
06/01/52
5,040,316‌
5,960,805
FHLMC
4
.000
08/01/52
5,727,643‌
357
Federal
Home
Loan
Mortgage
Corp
Gold
(FGLMC)
4
.000
10/01/24
356‌
4
FGLMC
4
.500
10/01/24
4‌
12
FGLMC
4
.500
10/01/24
12‌
11
FGLMC
4
.500
11/01/24
11‌
203
FGLMC
4
.500
12/01/24
204‌
55
FGLMC
4
.500
02/01/25
55‌
3,167
FGLMC
4
.000
03/01/25
3,154‌
51
FGLMC
4
.500
06/01/25
51‌
257
FGLMC
4
.500
07/01/25
258‌
12,585
FGLMC
3
.500
10/01/25
12,483‌
1,909
FGLMC
4
.000
10/01/25
1,900‌
19,154
FGLMC
3
.500
11/01/25
19,005‌
11,368
FGLMC
3
.500
11/01/25
11,280‌
6,331
FGLMC
3
.500
12/01/25
6,282‌
3,274
FGLMC
3
.000
01/01/26
3,233‌
50,034
FGLMC
3
.500
01/01/26
49,621‌
4,093
FGLMC
4
.000
04/01/26
4,071‌
9,045
FGLMC
4
.000
05/01/26
8,999‌
1,999
FGLMC
5
.500
07/01/26
2,023‌
20,938
FGLMC
4
.000
08/01/26
20,802‌
349
FGLMC
6
.000
08/01/26
357‌
11,340
FGLMC
3
.000
09/01/26
11,196‌
40,397
FGLMC
3
.000
10/01/26
39,850‌
62,333
FGLMC
3
.500
10/01/26
61,651‌
553
FGLMC
5
.000
10/01/26
553‌
458
FGLMC
5
.500
10/01/26
463‌
222,865
FGLMC
3
.000
02/01/27
219,620‌
182,042
FGLMC
2
.500
05/01/27
178,247‌
220,170
FGLMC
2
.500
11/01/27
215,204‌
8,627
FGLMC
6
.000
12/01/27
8,822‌
176,795
FGLMC
2
.500
01/01/28
172,661‌
475,449
FGLMC
2
.500
03/01/28
464,154‌
14,159
FGLMC
5
.000
03/01/28
14,290‌
278,110
FGLMC
2
.500
05/01/28
271,299‌
1,239
FGLMC
5
.500
05/01/28
1,259‌
813,598
FGLMC
2
.500
07/01/28
793,622‌
689,296
FGLMC
2
.500
07/01/28
672,178‌
185,409
FGLMC
3
.000
10/01/28
181,892‌
9,470
FGLMC
5
.500
01/01/29
9,587‌
1,171
FGLMC
4
.000
02/01/29
1,161‌
434,142
FGLMC
3
.500
03/01/29
429,110‌
119
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MORTGAGE
BACKED
(continued)
$
117
FGLMC
6
.500
%
03/01/29
$
121‌
767,906
FGLMC
3
.000
07/01/29
753,060‌
3,385
FGLMC
5
.000
12/01/29
3,443‌
2,443,772
FGLMC
2
.500
05/01/30
2,359,512‌
5,653
FGLMC
4
.000
08/01/30
5,638‌
47,896
FGLMC
4
.500
01/01/31
47,977‌
93
FGLMC
8
.000
01/01/31
93‌
44,408
FGLMC
4
.000
03/01/31
44,314‌
6,134
FGLMC
4
.000
05/01/31
6,119‌
42,430
FGLMC
4
.500
05/01/31
42,819‌
24,608
FGLMC
4
.000
06/01/31
24,546‌
47,873
FGLMC
4
.000
08/01/31
47,775‌
56,213
FGLMC
4
.000
09/01/31
56,032‌
940
FGLMC
6
.500
09/01/31
986‌
2,614
FGLMC
8
.000
09/01/31
2,697‌
28,714
FGLMC
3
.500
11/01/31
28,226‌
4,416,641
FGLMC
2
.500
12/01/31
4,247,208‌
26,010
FGLMC
7
.000
12/01/31
27,024‌
4,465
FGLMC
6
.500
01/01/32
4,701‌
10,803
FGLMC
6
.000
02/01/32
11,281‌
498,161
FGLMC
3
.000
03/01/32
482,978‌
4,145
FGLMC
7
.000
04/01/32
4,367‌
5,395
FGLMC
6
.500
05/01/32
5,569‌
330,914
FGLMC
3
.500
09/01/32
325,426‌
2,231
FGLMC
5
.500
11/01/32
2,323‌
4,033,140
FGLMC
3
.000
01/01/33
3,917,433‌
3,575
FGLMC
6
.000
02/01/33
3,732‌
12,769
FGLMC
5
.000
03/01/33
12,976‌
3,965
FGLMC
6
.000
03/01/33
4,080‌
4,477
FGLMC
6
.000
03/01/33
4,578‌
11,893
FGLMC
5
.000
04/01/33
12,209‌
1,659
FGLMC
6
.000
04/01/33
1,734‌
71,752
FGLMC
5
.000
06/01/33
72,757‌
33,802
FGLMC
5
.500
06/01/33
34,820‌
15,873,860
FGLMC
2
.500
07/01/33
15,225,188‌
718,624
FGLMC
3
.500
07/01/33
703,955‌
13,933
FGLMC
4
.500
07/01/33
14,056‌
1,087,839
FGLMC
4
.000
08/01/33
1,088,876‌
1,517
FGLMC
5
.000
08/01/33
1,558‌
5,164
FGLMC
6
.500
08/01/33
5,461‌
45,043
FGLMC
5
.000
09/01/33
45,783‌
14,156
FGLMC
5
.500
09/01/33
14,700‌
39,345
FGLMC
5
.500
09/01/33
40,973‌
8,045
FGLMC
5
.500
09/01/33
8,258‌
20,639
FGLMC
5
.500
09/01/33
20,895‌
12,968
FGLMC
4
.000
10/01/33
12,731‌
2,733
FGLMC
5
.000
10/01/33
2,806‌
26,433
FGLMC
5
.500
10/01/33
27,450‌
2,227,629
FGLMC
3
.500
11/01/33
2,197,034‌
23,123
FGLMC
5
.500
12/01/33
23,751‌
7,553
FGLMC
5
.500
12/01/33
7,797‌
95,859
FGLMC
7
.000
12/01/33
100,452‌
66,770
FGLMC
5
.000
01/01/34
68,543‌
419,278
FGLMC
3
.000
02/01/34
406,579‌
1,686
FGLMC
5
.500
02/01/34
1,740‌
8,745
FGLMC
5
.000
03/01/34
8,977‌
10,341
FGLMC
5
.500
03/01/34
10,675‌
41,466
FGLMC
5
.000
05/01/34
42,566‌
10,977
FGLMC
4
.500
06/01/34
11,073‌
22,949
FGLMC
5
.000
06/01/34
23,557‌
10,123
FGLMC
5
.500
06/01/34
10,471‌
3,755
FGLMC
6
.000
06/01/34
3,914‌
Bond
Index
120
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MORTGAGE
BACKED
(continued)
$
15,346
FGLMC
6
.000
%
09/01/34
$
16,083‌
1,208,297
FGLMC
3
.500
10/01/34
1,182,332‌
2,546
FGLMC
5
.000
11/01/34
2,614‌
72,426
FGLMC
5
.500
11/01/34
74,948‌
55,425
FGLMC
5
.000
12/01/34
56,917‌
17,778
FGLMC
5
.500
12/01/34
18,353‌
3,042
FGLMC
5
.500
12/01/34
3,148‌
1,304
FGLMC
5
.500
01/01/35
1,349‌
651
FGLMC
5
.500
01/01/35
673‌
17,471
FGLMC
5
.500
01/01/35
18,115‌
33,533
FGLMC
4
.500
04/01/35
33,840‌
4,128
FGLMC
6
.000
05/01/35
4,356‌
15,222
FGLMC
6
.000
05/01/35
15,666‌
25,540
FGLMC
7
.000
05/01/35
26,847‌
4,520
FGLMC
5
.500
06/01/35
4,675‌
6,602
FGLMC
5
.500
06/01/35
6,823‌
3,496
FGLMC
5
.000
07/01/35
3,589‌
123,961
FGLMC
5
.000
07/01/35
127,231‌
142,417
FGLMC
5
.000
08/01/35
146,222‌
11,455
FGLMC
5
.500
08/01/35
11,876‌
2,235
FGLMC
4
.500
09/01/35
2,254‌
27,333
FGLMC
5
.000
10/01/35
28,069‌
13,279
FGLMC
5
.000
10/01/35
13,644‌
5,752
FGLMC
5
.000
10/01/35
5,882‌
82,984
FGLMC
5
.500
10/01/35
85,802‌
25,008
FGLMC
5
.000
12/01/35
25,722‌
2,693
FGLMC
5
.000
12/01/35
2,768‌
14,597
FGLMC
6
.000
01/01/36
15,355‌
5,286
FGLMC
5
.000
02/01/36
5,430‌
1,956
FGLMC
5
.000
02/01/36
2,008‌
2,210
FGLMC
6
.000
02/01/36
2,331‌
20,337
FGLMC
5
.500
04/01/36
21,095‌
4,805
FGLMC
5
.500
05/01/36
4,977‌
95,527
FGLMC
6
.000
06/01/36
100,765‌
27,077
FGLMC
5
.000
07/01/36
27,834‌
19,639
FGLMC
6
.000
07/01/36
20,647‌
3,514
FGLMC
6
.000
08/01/36
3,708‌
5,514
FGLMC
6
.000
09/01/36
5,728‌
84,937
FGLMC
5
.500
10/01/36
88,107‌
39,418
FGLMC
5
.500
10/01/36
40,888‌
7,751
FGLMC
6
.500
10/01/36
8,123‌
4,312
FGLMC
5
.500
11/01/36
4,466‌
10,330
FGLMC
6
.000
11/01/36
10,897‌
43,526
FGLMC
6
.000
12/01/36
45,915‌
81,825
FGLMC
5
.500
03/01/37
84,584‌
35,782
FGLMC
6
.000
03/01/37
37,745‌
4,486
FGLMC
6
.500
03/01/37
4,707‌
28,458
FGLMC
5
.500
04/01/37
29,373‌
3,303
FGLMC
5
.000
05/01/37
3,384‌
3,177
FGLMC
5
.000
06/01/37
3,267‌
11,834
FGLMC
5
.500
06/01/37
12,233‌
3,185,602
FGLMC
3
.000
07/01/37
3,018,141‌
56,459
FGLMC
6
.000
07/01/37
59,561‌
30,539
FGLMC
6
.000
08/01/37
32,223‌
11,301
FGLMC
6
.000
09/01/37
11,913‌
75,197
FGLMC
5
.500
10/01/37
77,657‌
2,545
FGLMC
6
.000
11/01/37
2,683‌
20,509
FGLMC
6
.500
11/01/37
21,610‌
9,850
FGLMC
6
.000
01/01/38
10,389‌
4,647
FGLMC
6
.000
02/01/38
4,884‌
34,365
FGLMC
6
.000
02/01/38
36,244‌
150,175
FGLMC
5
.000
03/01/38
154,591‌
121
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MORTGAGE
BACKED
(continued)
$
48,142
FGLMC
5
.000
%
03/01/38
$
49,648‌
6,263
FGLMC
5
.000
04/01/38
6,525‌
66,032
FGLMC
5
.000
04/01/38
68,098‌
71,307
FGLMC
5
.500
04/01/38
73,638‌
15,876
FGLMC
5
.500
05/01/38
16,355‌
1,872
FGLMC
5
.500
06/01/38
1,928‌
3,526
FGLMC
6
.000
07/01/38
3,641‌
9,141
FGLMC
5
.500
08/01/38
9,482‌
59,338
FGLMC
5
.500
08/01/38
61,248‌
7,576
FGLMC
5
.000
09/01/38
7,813‌
100,889
FGLMC
5
.500
09/01/38
103,931‌
47,708
FGLMC
5
.500
09/01/38
49,137‌
2,220
FGLMC
5
.500
10/01/38
2,287‌
38,820
FGLMC
6
.000
11/01/38
40,762‌
284,589
FGLMC
5
.500
01/01/39
293,313‌
182,874
FGLMC
4
.500
02/01/39
185,166‌
101,980
FGLMC
5
.000
02/01/39
105,171‌
8,038
FGLMC
5
.500
02/01/39
8,279‌
370
FGLMC
4
.500
03/01/39
374‌
43,774
FGLMC
5
.000
03/01/39
45,144‌
5,617
FGLMC
6
.000
03/01/39
5,902‌
296,139
FGLMC
4
.500
04/01/39
299,850‌
6,820
FGLMC
4
.500
04/01/39
6,906‌
64,353
FGLMC
4
.000
05/01/39
63,700‌
1,679
FGLMC
4
.500
05/01/39
1,700‌
43,321
FGLMC
4
.500
05/01/39
43,864‌
1,001,797
FGLMC
4
.500
05/01/39
1,014,356‌
47,725
FGLMC
4
.500
05/01/39
47,985‌
38,129
FGLMC
5
.000
05/01/39
39,218‌
84,258
FGLMC
4
.000
06/01/39
83,403‌
442,227
FGLMC
4
.500
06/01/39
447,771‌
14,190
FGLMC
4
.500
06/01/39
14,367‌
6,634
FGLMC
5
.000
06/01/39
6,842‌
2,561
FGLMC
5
.500
06/01/39
2,638‌
133,686
FGLMC
4
.000
07/01/39
132,330‌
54,547
FGLMC
4
.500
07/01/39
55,230‌
4,207
FGLMC
4
.500
07/01/39
4,259‌
11,327
FGLMC
4
.500
07/01/39
11,469‌
37,408
FGLMC
5
.000
07/01/39
38,580‌
66,112
FGLMC
5
.500
07/01/39
68,166‌
4,672
FGLMC
4
.500
08/01/39
4,730‌
10,877
FGLMC
5
.000
08/01/39
11,218‌
112,835
FGLMC
4
.000
09/01/39
111,690‌
285,037
FGLMC
5
.000
09/01/39
293,952‌
106,107
FGLMC
5
.000
09/01/39
109,431‌
1,239
FGLMC
5
.500
09/01/39
1,277‌
111,086
FGLMC
6
.500
09/01/39
115,146‌
32,353
FGLMC
4
.500
10/01/39
32,759‌
18,825
FGLMC
4
.500
10/01/39
19,061‌
35,553
FGLMC
4
.500
10/01/39
35,998‌
21,851
FGLMC
5
.000
10/01/39
22,536‌
7,357
FGLMC
4
.000
11/01/39
7,282‌
24,012
FGLMC
4
.500
11/01/39
24,313‌
9,620
FGLMC
5
.000
11/01/39
9,921‌
29,578
FGLMC
4
.500
12/01/39
29,865‌
43,313
FGLMC
4
.500
12/01/39
43,857‌
60,596
FGLMC
4
.500
12/01/39
61,184‌
17,444
FGLMC
4
.500
12/01/39
17,663‌
41,304
FGLMC
5
.500
12/01/39
42,549‌
54,104
FGLMC
4
.500
01/01/40
54,782‌
5,168
FGLMC
5
.000
01/01/40
5,330‌
6,638
FGLMC
5
.500
01/01/40
6,837‌
Bond
Index
122
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MORTGAGE
BACKED
(continued)
$
19,574
FGLMC
5
.500
%
03/01/40
$
20,164‌
182,042
FGLMC
4
.000
04/01/40
180,195‌
11,326
FGLMC
4
.500
04/01/40
11,468‌
33,285
FGLMC
4
.500
04/01/40
33,702‌
26,334
FGLMC
5
.000
04/01/40
27,159‌
57,235
FGLMC
5
.000
04/01/40
59,027‌
218,593
FGLMC
6
.000
04/01/40
230,325‌
623,072
FGLMC
4
.500
05/01/40
630,887‌
220,433
FGLMC
5
.000
05/01/40
227,337‌
1,930
FGLMC
4
.500
06/01/40
1,954‌
211,557
FGLMC
5
.500
06/01/40
217,893‌
304,885
FGLMC
4
.500
07/01/40
308,709‌
5,531
FGLMC
4
.500
08/01/40
5,600‌
54,284
FGLMC
5
.000
08/01/40
55,985‌
139,888
FGLMC
5
.000
08/01/40
144,269‌
13,562
FGLMC
5
.000
08/01/40
13,986‌
913,844
FGLMC
5
.500
08/01/40
941,395‌
75,949
FGLMC
4
.000
09/01/40
75,178‌
1,013,699
FGLMC
4
.000
11/01/40
1,003,411‌
664,314
FGLMC
4
.000
12/01/40
657,571‌
93,281
FGLMC
3
.500
01/01/41
89,396‌
150,236
FGLMC
3
.500
01/01/41
143,981‌
89,279
FGLMC
4
.000
01/01/41
88,373‌
100,349
FGLMC
3
.500
02/01/41
96,170‌
322,579
FGLMC
4
.000
02/01/41
319,305‌
107,368
FGLMC
4
.000
02/01/41
106,279‌
599,912
FGLMC
4
.000
04/01/41
593,823‌
110,261
FGLMC
4
.500
04/01/41
111,644‌
22,754
FGLMC
5
.000
04/01/41
23,467‌
96,924
FGLMC
4
.500
05/01/41
98,140‌
121,873
FGLMC
4
.500
06/01/41
123,402‌
261,507
FGLMC
3
.500
10/01/41
250,618‌
267,021
FGLMC
5
.000
10/01/41
275,385‌
376,361
FGLMC
3
.500
11/01/41
360,295‌
153,060
FGLMC
4
.500
12/01/41
154,979‌
1,297,482
FGLMC
3
.500
01/01/42
1,243,190‌
381,215
FGLMC
3
.500
02/01/42
365,263‌
419,299
FGLMC
3
.500
04/01/42
401,842‌
973,856
FGLMC
4
.000
05/01/42
963,976‌
3,519,264
FGLMC
4
.500
05/01/42
3,563,345‌
710,810
FGLMC
3
.500
07/01/42
681,066‌
164,323
FGLMC
3
.000
08/01/42
152,765‌
1,191,778
FGLMC
3
.000
10/01/42
1,106,460‌
836,834
FGLMC
3
.000
10/01/42
777,450‌
349,657
FGLMC
3
.500
12/01/42
334,228‌
1,299,223
FGLMC
2
.500
01/01/43
1,161,791‌
2,447,973
FGLMC
3
.000
01/01/43
2,272,727‌
3,609,718
FGLMC
3
.000
04/01/43
3,351,270‌
9,535,026
FGLMC
3
.000
04/01/43
8,852,359‌
1,049,275
FGLMC
3
.500
05/01/43
1,002,949‌
1,490,154
FGLMC
3
.000
08/01/43
1,383,453‌
1,070,218
FGLMC
3
.000
08/01/43
993,584‌
1,061,159
FGLMC
3
.500
08/01/43
1,014,310‌
410,322
FGLMC
4
.500
10/01/43
411,924‌
511,630
FGLMC
4
.000
11/01/43
503,274‌
930,859
FGLMC
3
.500
02/01/44
888,813‌
777,184
FGLMC
4
.000
02/01/44
763,049‌
6,020,097
FGLMC
4
.000
02/01/44
5,926,980‌
338,780
FGLMC
4
.000
04/01/44
332,409‌
427,059
FGLMC
4
.500
05/01/44
428,726‌
782,177
FGLMC
4
.000
06/01/44
764,200‌
1,208,229
FGLMC
4
.000
08/01/44
1,179,472‌
123
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MORTGAGE
BACKED
(continued)
$
898,449
FGLMC
3
.500
%
09/01/44
$
854,157‌
1,276,967
FGLMC
3
.500
11/01/44
1,212,167‌
1,780,429
FGLMC
3
.500
12/01/44
1,685,667‌
1,015,244
FGLMC
3
.500
01/01/45
962,881‌
2,142,939
FGLMC
3
.000
02/01/45
1,990,295‌
2,638,534
FGLMC
3
.500
03/01/45
2,500,272‌
1,468,869
FGLMC
4
.000
03/01/45
1,435,798‌
1,045,328
FGLMC
3
.000
04/01/45
966,551‌
2,142,910
FGLMC
3
.500
04/01/45
2,027,070‌
5,408,111
FGLMC
3
.500
07/01/45
5,124,721‌
4,211,607
FGLMC
4
.500
07/01/45
4,228,856‌
11,811,038
FGLMC
3
.000
08/01/45
10,966,156‌
9,085,312
FGLMC
3
.500
10/01/45
8,645,938‌
1,693,771
FGLMC
4
.000
11/01/45
1,655,631‌
3,164,829
FGLMC
3
.500
12/01/45
2,989,812‌
7,558,692
FGLMC
3
.000
03/01/46
6,961,555‌
2,356,374
FGLMC
3
.500
03/01/46
2,226,098‌
1,230,924
FGLMC
4
.000
03/01/46
1,203,212‌
5,520,696
FGLMC
3
.000
04/01/46
5,077,815‌
5,392,837
FGLMC
3
.500
05/01/46
5,094,666‌
4,137,376
FGLMC
3
.500
08/01/46
3,932,679‌
8,312,034
FGLMC
3
.000
09/01/46
7,634,766‌
3,355,442
FGLMC
4
.000
09/01/46
3,276,784‌
3,003,765
FGLMC
3
.000
11/01/46
2,759,014‌
10,780,523
FGLMC
3
.000
11/01/46
9,865,537‌
3,748,885
FGLMC
3
.000
11/01/46
3,443,429‌
2,159,073
FGLMC
3
.000
12/01/46
1,979,085‌
2,725,716
FGLMC
3
.500
12/01/46
2,574,998‌
5,018,505
FGLMC
3
.000
02/01/47
4,616,788‌
1,620,889
FGLMC
3
.500
02/01/47
1,531,304‌
1,328,199
FGLMC
4
.000
02/01/47
1,294,990‌
2,223,685
FGLMC
3
.500
05/01/47
2,100,773‌
1,814,337
FGLMC
3
.000
08/01/47
1,666,284‌
2,358,059
FGLMC
3
.000
11/01/47
2,164,173‌
3,633,116
FGLMC
3
.000
12/01/47
3,332,877‌
11,024,607
FGLMC
3
.000
01/01/48
10,142,544‌
3,927,993
FGLMC
3
.000
02/01/48
3,602,095‌
2,780,322
FGLMC
3
.500
03/01/48
2,630,501‌
2,358,223
FGLMC
3
.500
05/01/48
2,227,803‌
1,893,266
FGLMC
4
.000
05/01/48
1,848,268‌
2,613,604
FGLMC
3
.500
07/01/48
2,469,058‌
2,734,686
FGLMC
4
.000
07/01/48
2,662,921‌
5,028,482
FGLMC
4
.000
08/01/48
4,896,514‌
944,312
FGLMC
4
.500
09/01/48
938,246‌
3,972,873
FGLMC
4
.000
10/01/48
3,868,606‌
2,356,094
FGLMC
4
.500
12/01/48
2,344,322‌
1,242,025
FGLMC
4
.500
02/01/49
1,238,309‌
3,301,117
FGLMC
3
.500
05/01/49
3,108,712‌
192
Federal
National
Mortgage
Association
(FNMA)
4
.500
10/01/24
191‌
147
FNMA
5
.000
01/01/25
147‌
290
FNMA
4
.500
02/01/25
290‌
2,426
FNMA
4
.500
03/01/25
2,432‌
55
FNMA
4
.500
03/01/25
56‌
1,544
FNMA
5
.000
03/01/25
1,543‌
2,618
FNMA
4
.500
04/01/25
2,625‌
1,134
FNMA
4
.500
04/01/25
1,137‌
15,929
FNMA
4
.000
05/01/25
15,844‌
7,960
FNMA
4
.000
06/01/25
7,913‌
3,395
FNMA
4
.500
06/01/25
3,403‌
2,532
FNMA
4
.000
08/01/25
2,517‌
1,217
FNMA
5
.500
08/01/25
1,231‌
7,072
FNMA
3
.500
09/01/25
6,972‌
Bond
Index
124
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MORTGAGE
BACKED
(continued)
$
3,419
FNMA
4
.000
%
09/01/25
$
3,405‌
21,019
FNMA
3
.500
10/01/25
20,847‌
23,607
FNMA
3
.500
10/01/25
23,276‌
8,161
FNMA
5
.000
10/01/25
8,155‌
16,561
FNMA
4
.000
11/01/25
16,457‌
22,542
FNMA
3
.500
12/01/25
22,338‌
20,588
FNMA
3
.500
02/01/26
20,397‌
95,558
FNMA
3
.500
02/01/26
94,565‌
6,815
FNMA
4
.000
03/01/26
6,771‌
21,306
FNMA
4
.000
06/01/26
21,150‌
18,784
FNMA
3
.500
08/01/26
18,597‌
17,798
FNMA
3
.500
09/01/26
17,619‌
8,471
FNMA
4
.000
09/01/26
8,419‌
34,481
FNMA
3
.500
10/01/26
34,119‌
724
FNMA
6
.000
10/01/26
739‌
44,017
FNMA
3
.000
11/01/26
43,377‌
42,951
FNMA
3
.000
12/01/26
42,311‌
114,292
FNMA
3
.000
01/01/27
112,553‌
25,578
FNMA
4
.000
01/01/27
25,390‌
97,322
FNMA
3
.500
02/01/27
96,268‌
178,182
FNMA
3
.000
04/01/27
175,350‌
103,082
FNMA
3
.000
04/01/27
101,444‌
64,088
FNMA
3
.500
05/01/27
63,361‌
82,185
FNMA
2
.500
06/01/27
80,389‌
244,558
FNMA
3
.000
06/01/27
240,387‌
84,846
FNMA
2
.500
07/01/27
82,992‌
202,109
FNMA
2
.500
09/01/27
197,516‌
2,280
FNMA
5
.500
09/01/27
2,306‌
314,229
FNMA
2
.500
10/01/27
306,954‌
215,239
FNMA
3
.000
11/01/27
211,375‌
420
FNMA
5
.500
01/01/28
425‌
858,464
FNMA
2
.500
02/01/28
836,789‌
712,639
FNMA
2
.500
02/01/28
695,268‌
350
FNMA
5
.000
02/01/28
353‌
553,264
FNMA
2
.500
04/01/28
539,359‌
805,854
FNMA
2
.500
04/01/28
785,604‌
2,182
FNMA
5
.500
06/01/28
2,215‌
229,116
FNMA
2
.500
07/01/28
223,120‌
496,593
FNMA
2
.500
08/01/28
483,430‌
589,927
FNMA
3
.000
10/01/28
577,584‌
380
FNMA
5
.500
11/01/28
387‌
2
FNMA
7
.500
01/01/29
2‌
878,387
FNMA
3
.000
03/01/29
860,578‌
2,909
FNMA
4
.000
03/01/29
2,893‌
3,104,718
FNMA
3
.000
04/01/29
3,040,810‌
12,077
FNMA
4
.500
04/01/29
12,100‌
8,138
FNMA
4
.000
05/01/29
8,089‌
4,873
FNMA
4
.500
06/01/29
4,889‌
1,669
FNMA
4
.000
07/01/29
1,659‌
32,144
FNMA
4
.500
08/01/29
32,289‌
3,740,604
FNMA
3
.500
09/01/29
3,699,754‌
6,403
FNMA
4
.500
09/01/29
6,417‌
5,431
FNMA
4
.500
11/01/29
5,431‌
2,008
FNMA
4
.500
01/01/30
2,018‌
501,798
FNMA
2
.500
02/01/30
484,387‌
4,331
FNMA
4
.000
03/01/30
4,307‌
1,885
FNMA
4
.500
05/01/30
1,895‌
2,799
FNMA
4
.500
06/01/30
2,814‌
1,243,409
FNMA
3
.000
07/01/30
1,213,146‌
26,848
FNMA
4
.500
08/01/30
26,992‌
5,789
FNMA
4
.000
09/01/30
5,766‌
31,579
FNMA
4
.000
10/01/30
31,557‌
125
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MORTGAGE
BACKED
(continued)
$
332,282
FNMA
4
.000
%
11/01/30
$
330,988‌
56,226
FNMA
4
.000
11/01/30
55,985‌
12,604
FNMA
4
.500
12/01/30
12,704‌
1,279,588
FNMA
3
.000
02/01/31
1,246,373‌
19,144
FNMA
3
.500
02/01/31
18,857‌
20,760
FNMA
4
.000
02/01/31
20,666‌
246
FNMA
7
.500
03/01/31
257‌
1,417,137
FNMA
2
.500
04/01/31
1,362,133‌
57,350
FNMA
3
.500
04/01/31
56,387‌
6,813
FNMA
4
.000
04/01/31
6,791‌
1,433,195
FNMA
3
.000
05/01/31
1,396,036‌
612
FNMA
6
.000
05/01/31
638‌
1,629,849
FNMA
2
.500
06/01/31
1,567,366‌
349,376
FNMA
4
.500
07/01/31
350,752‌
37,158
FNMA
4
.500
07/01/31
37,509‌
221,259
FNMA
4
.000
08/01/31
220,306‌
2,134,719
FNMA
2
.500
09/01/31
2,050,548‌
1,060,104
FNMA
3
.000
09/01/31
1,033,369‌
13,199
FNMA
4
.000
09/01/31
13,140‌
129
FNMA
6
.500
09/01/31
132‌
8,183
FNMA
6
.000
11/01/31
8,531‌
1,179
FNMA
6
.500
11/01/31
1,226‌
2,337,604
FNMA
2
.500
12/01/31
2,244,572‌
392,966
FNMA
3
.500
01/01/32
385,829‌
2,559
FNMA
6
.000
01/01/32
2,668‌
159,328
FNMA
3
.500
02/01/32
156,426‌
1,713
FNMA
6
.000
02/01/32
1,797‌
1,461,599
FNMA
3
.000
03/01/32
1,419,581‌
7,790
FNMA
6
.500
04/01/32
8,204‌
5,084,866
FNMA
3
.000
06/01/32
4,946,394‌
15,676
FNMA
6
.500
07/01/32
16,495‌
2,867
FNMA
6
.500
08/01/32
2,959‌
188,984
FNMA
3
.000
09/01/32
181,640‌
3,065
FNMA
7
.500
09/01/32
3,052‌
562,986
FNMA
3
.000
10/01/32
541,110‌
19,057
FNMA
5
.500
10/01/32
19,286‌
4,225
FNMA
6
.000
11/01/32
4,331‌
3,404,594
FNMA
3
.000
12/01/32
3,284,211‌
4,988
FNMA
5
.500
12/01/32
5,178‌
240
FNMA
5
.500
12/01/32
244‌
7,610
FNMA
6
.000
12/01/32
7,799‌
35,564
FNMA
5
.500
01/01/33
36,455‌
91,463
FNMA
6
.000
01/01/33
95,117‌
37,731
FNMA
5
.000
02/01/33
38,300‌
902
FNMA
5
.000
02/01/33
916‌
422,324
FNMA
3
.000
04/01/33
406,943‌
478,674
FNMA
3
.500
04/01/33
468,384‌
1,917
FNMA
6
.000
04/01/33
2,004‌
2,285,063
FNMA
3
.500
05/01/33
2,252,398‌
247,057
FNMA
5
.500
05/01/33
253,899‌
14,080
FNMA
5
.000
06/01/33
14,293‌
26,724
FNMA
5
.500
06/01/33
27,407‌
3,432
FNMA
4
.500
07/01/33
3,437‌
21,895
FNMA
5
.000
07/01/33
22,452‌
22,416
FNMA
4
.500
08/01/33
22,031‌
2,937
FNMA
4
.500
08/01/33
2,941‌
5,819
FNMA
5
.000
08/01/33
5,968‌
18,165
FNMA
5
.500
09/01/33
18,773‌
22,201
FNMA
5
.500
09/01/33
22,848‌
4,820
FNMA
6
.000
09/01/33
5,008‌
38,428
FNMA
4
.500
10/01/33
38,412‌
8,501
FNMA
5
.000
10/01/33
8,718‌
Bond
Index
126
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MORTGAGE
BACKED
(continued)
$
2,844
FNMA
5
.000
%
10/01/33
$
2,898‌
130,053
FNMA
5
.500
10/01/33
135,292‌
32,728
FNMA
5
.500
10/01/33
33,103‌
2,131
FNMA
4
.500
11/01/33
2,147‌
7,573
FNMA
5
.000
11/01/33
7,766‌
546,827
FNMA
5
.000
11/01/33
560,745‌
61,120
FNMA
5
.000
12/01/33
61,977‌
90,400
FNMA
5
.500
12/01/33
93,164‌
803,351
FNMA
3
.000
01/01/34
771,245‌
24,276
FNMA
5
.000
02/01/34
24,893‌
106,316
FNMA
6
.000
02/01/34
111,530‌
6,108
FNMA
5
.000
03/01/34
6,263‌
2,448
FNMA
5
.000
03/01/34
2,510‌
7,229
FNMA
5
.000
03/01/34
7,413‌
2,147
FNMA
5
.000
03/01/34
2,201‌
144,678
FNMA
5
.000
03/01/34
148,358‌
3,115
FNMA
5
.000
03/01/34
3,194‌
20,344
FNMA
5
.000
04/01/34
20,862‌
22,491
FNMA
5
.500
04/01/34
23,193‌
8,550
FNMA
4
.500
05/01/34
8,616‌
2,534
FNMA
4
.500
05/01/34
2,553‌
7,958
FNMA
5
.500
07/01/34
8,206‌
5,231
FNMA
5
.500
07/01/34
5,395‌
7,293
FNMA
7
.000
07/01/34
7,661‌
59,782
FNMA
5
.000
08/01/34
61,304‌
6,432
FNMA
5
.000
08/01/34
6,596‌
35,222
FNMA
6
.000
08/01/34
36,765‌
6,097
FNMA
6
.000
08/01/34
6,348‌
6,480,412
FNMA
3
.500
09/01/34
6,384,972‌
127,070
FNMA
5
.500
09/01/34
131,035‌
4,792,836
FNMA
2
.500
11/01/34
4,538,333‌
1,107
FNMA
5
.500
11/01/34
1,145‌
7,427
FNMA
6
.000
11/01/34
7,656‌
7,063,750
FNMA
2
.500
12/01/34
6,669,038‌
10,095,272
FNMA
3
.000
12/01/34
9,766,782‌
1,872
FNMA
5
.000
12/01/34
1,919‌
1,167
FNMA
5
.500
12/01/34
1,205‌
5,798
FNMA
6
.000
12/01/34
6,017‌
175,466
FNMA
4
.500
01/01/35
176,922‌
17,714
FNMA
5
.500
01/01/35
18,326‌
5,178,971
FNMA
3
.500
02/01/35
5,115,397‌
373,689
FNMA
5
.500
02/01/35
385,336‌
16,603
FNMA
5
.500
02/01/35
17,148‌
4,563,163
FNMA
2
.500
03/01/35
4,290,141‌
59,651
FNMA
5
.500
04/01/35
61,882‌
15,965
FNMA
6
.000
04/01/35
16,742‌
15,357
FNMA
6
.000
04/01/35
16,164‌
5,779,990
FNMA
2
.500
05/01/35
5,450,609‌
5,008,961
FNMA
3
.000
05/01/35
4,827,463‌
21,503
FNMA
6
.000
05/01/35
22,532‌
6,108
FNMA
5
.000
06/01/35
6,263‌
18,800
FNMA
5
.000
07/01/35
19,279‌
935
(d)
FNMA,
(LIBOR
12
M
+
1.570%)
7
.320
07/01/35
947‌
2,104,718
FNMA
2
.500
08/01/35
1,982,051‌
1,676,226
FNMA
3
.000
08/01/35
1,603,294‌
38,108
FNMA
4
.500
08/01/35
38,406‌
37,800
FNMA
5
.000
08/01/35
38,762‌
29,148
FNMA
5
.000
08/01/35
29,894‌
1,382
FNMA
4
.500
09/01/35
1,392‌
1,605
FNMA
4
.500
09/01/35
1,618‌
4,704
FNMA
5
.500
09/01/35
4,854‌
5,963,331
FNMA
2
.500
10/01/35
5,588,143‌
127
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MORTGAGE
BACKED
(continued)
$
16,894
FNMA
5
.000
%
10/01/35
$
17,333‌
46,103
FNMA
5
.500
10/01/35
47,825‌
13,995,990
FNMA
1
.500
11/01/35
12,576,247‌
12,805,324
FNMA
2
.000
11/01/35
11,799,304‌
6,342,360
FNMA
2
.500
11/01/35
5,949,588‌
38,324
FNMA
5
.500
11/01/35
39,709‌
5,187,393
FNMA
2
.000
12/01/35
4,779,828‌
18,503,381
FNMA
1
.500
01/01/36
16,603,390‌
2,166,768
FNMA
3
.500
01/01/36
2,118,574‌
131,969
FNMA
5
.000
02/01/36
135,427‌
10,573
(d)
FNMA,
(LIBOR
12
M
+
1.535%)
5
.985
02/01/36
10,682‌
12,753,149
FNMA
1
.500
03/01/36
11,443,000‌
61,877,017
FNMA
2
.000
03/01/36
56,785,278‌
54,265
FNMA
6
.000
03/01/36
57,194‌
10,777,901
FNMA
1
.500
04/01/36
9,631,247‌
7,031,127
FNMA
1
.000
05/01/36
6,150,654‌
20,219,231
FNMA
1
.500
05/01/36
18,097,896‌
12,994,391
FNMA
2
.000
05/01/36
11,921,095‌
689,891
FNMA
3
.500
05/01/36
672,904‌
701
FNMA
5
.000
05/01/36
719‌
93,646
FNMA
6
.000
06/01/36
98,404‌
13,280,294
FNMA
2
.000
07/01/36
12,187,170‌
5,403
FNMA
6
.000
07/01/36
5,589‌
8,495
FNMA
6
.500
07/01/36
8,828‌
3,235
(d)
FNMA,
(LIBOR
12
M
+
1.632%)
7
.382
07/01/36
3,260‌
3,337,777
FNMA
1
.500
08/01/36
2,982,597‌
5,384,123
FNMA
3
.000
08/01/36
5,134,521‌
44,740
FNMA
5
.500
08/01/36
45,836‌
55,048
FNMA
6
.500
08/01/36
57,307‌
10,869,239
FNMA
1
.500
09/01/36
9,698,633‌
13,780,631
FNMA
2
.000
09/01/36
12,631,268‌
12,912,900
FNMA
2
.500
09/01/36
12,116,445‌
868,890
FNMA
3
.000
09/01/36
828,071‌
4,787
FNMA
5
.500
09/01/36
4,940‌
1,631
FNMA
6
.500
09/01/36
1,720‌
6,488
FNMA
6
.500
09/01/36
6,815‌
8,311
FNMA
6
.000
10/01/36
8,758‌
22,495,808
FNMA
1
.500
11/01/36
20,183,769‌
19,226,913
FNMA
2
.000
11/01/36
17,611,742‌
1,957,341
FNMA
3
.000
11/01/36
1,864,084‌
3,871
FNMA
6
.500
11/01/36
4,065‌
5,242,419
FNMA
2
.000
12/01/36
4,801,098‌
25,517
FNMA
6
.000
12/01/36
26,888‌
9,527,001
FNMA
1
.500
01/01/37
8,506,575‌
9,145,751
FNMA
2
.000
01/01/37
8,375,781‌
9,464
FNMA
5
.500
01/01/37
9,782‌
4,817
(d)
FNMA,
(LIBOR
12
M
+
1.727%)
6
.073
01/01/37
4,892‌
3,880,281
FNMA
1
.500
02/01/37
3,462,225‌
73,147
FNMA
5
.500
02/01/37
75,642‌
4,393
FNMA
6
.000
02/01/37
4,630‌
10,021
FNMA
7
.000
02/01/37
10,565‌
525
(d)
FNMA,
(LIBOR
6
M
+
1.460%)
7
.133
02/01/37
535‌
30,218,068
FNMA
2
.000
03/01/37
27,639,704‌
743
FNMA
5
.000
03/01/37
764‌
1,659
(d)
FNMA,
(LIBOR
12
M
+
1.875%)
6
.375
03/01/37
1,685‌
24,457
FNMA
6
.500
03/01/37
25,655‌
38,252
FNMA
6
.500
03/01/37
40,356‌
20,129,557
FNMA
2
.000
04/01/37
18,433,650‌
2,281,522
FNMA
2
.500
04/01/37
2,137,741‌
16,913
FNMA
7
.000
04/01/37
17,713‌
10,465,042
FNMA
1
.500
05/01/37
9,337,069‌
31,237
FNMA
5
.000
05/01/37
32,178‌
Bond
Index
128
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MORTGAGE
BACKED
(continued)
$
5,824
FNMA
5
.500
%
06/01/37
$
6,001‌
5,109
(d)
FNMA,
(LIBOR
12
M
+
1.782%)
7
.393
06/01/37
5,187‌
7,232,974
FNMA
2
.500
08/01/37
6,782,751‌
3,924,913
FNMA
3
.000
08/01/37
3,762,997‌
6,958
FNMA
5
.500
08/01/37
7,203‌
2,600
FNMA
6
.000
08/01/37
2,731‌
12,555
FNMA
5
.500
09/01/37
13,062‌
11,125
FNMA
6
.000
09/01/37
11,660‌
21,079
FNMA
6
.000
09/01/37
22,038‌
15,087
FNMA
6
.000
09/01/37
15,868‌
43,303
FNMA
6
.000
09/01/37
45,528‌
63,075
FNMA
6
.000
09/01/37
66,316‌
3,627
FNMA
6
.500
09/01/37
3,769‌
5,518
FNMA
6
.500
09/01/37
5,738‌
5,229
(d)
FNMA,
(DGS1
+
2.275%)
6
.400
10/01/37
5,392‌
3,696
FNMA
6
.500
10/01/37
3,864‌
5,654,409
FNMA
3
.000
11/01/37
5,421,113‌
5,442,059
FNMA
3
.500
11/01/37
5,282,558‌
4,031,150
FNMA
4
.000
11/01/37
4,004,976‌
52,126
FNMA
5
.500
11/01/37
53,668‌
89,221
FNMA
6
.000
11/01/37
93,951‌
2,321
FNMA
7
.000
11/01/37
2,410‌
1,760,993
FNMA
3
.000
12/01/37
1,665,584‌
1,777,881
FNMA
4
.000
01/01/38
1,760,000‌
430
FNMA
6
.500
01/01/38
449‌
3,141,272
FNMA
4
.500
02/01/38
3,153,599‌
2,157,889
FNMA
5
.000
02/01/38
2,186,723‌
23,554
FNMA
5
.500
02/01/38
24,251‌
13,800
FNMA
6
.500
02/01/38
14,431‌
7,181
FNMA
7
.000
02/01/38
7,686‌
2,506
FNMA
5
.000
03/01/38
2,581‌
1,294
FNMA
5
.000
03/01/38
1,333‌
5,945
FNMA
5
.500
03/01/38
6,121‌
2,123
FNMA
6
.000
03/01/38
2,251‌
4,365
FNMA
6
.500
03/01/38
4,576‌
6,163
FNMA
6
.500
03/01/38
6,353‌
4,364
FNMA
6
.500
03/01/38
4,557‌
6,656
(d)
FNMA,
(LIBOR
12
M
+
1.770%)
6
.520
03/01/38
6,764‌
53,592
FNMA
5
.500
04/01/38
55,140‌
100,931
FNMA
6
.000
04/01/38
106,057‌
7,887
FNMA
4
.500
05/01/38
7,921‌
278,824
FNMA
5
.000
05/01/38
285,957‌
71,738
FNMA
5
.000
05/01/38
72,797‌
191,081
FNMA
6
.000
06/01/38
201,571‌
323,766
FNMA
6
.500
06/01/38
336,845‌
71,845
FNMA
6
.000
07/01/38
75,656‌
269
(d)
FNMA,
(LIBOR
12
M
+
1.603%)
7
.456
08/01/38
278‌
220,616
FNMA
6
.000
09/01/38
232,186‌
8,997
(d)
FNMA,
(LIBOR
12
M
+
1.321%)
5
.571
10/01/38
9,175‌
547
FNMA
6
.000
10/01/38
564‌
2,599,679
FNMA
5
.000
11/01/38
2,631,234‌
2,987
FNMA
5
.500
11/01/38
3,095‌
4,704,119
Federal
National
Mortgage
Association
(FNMA)
6
.000
11/01/38
4,839,948‌
1,231
FNMA
5
.000
12/01/38
1,268‌
212,926
FNMA
5
.500
12/01/38
220,623‌
9,166
FNMA
4
.500
01/01/39
9,257‌
17,537
FNMA
5
.000
01/01/39
17,930‌
790,666
FNMA
5
.000
01/01/39
811,010‌
28,896
FNMA
5
.500
01/01/39
29,731‌
114,357
FNMA
5
.500
01/01/39
117,768‌
10,790
FNMA
6
.000
01/01/39
11,275‌
1,087
FNMA
6
.000
01/01/39
1,111‌
129
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MORTGAGE
BACKED
(continued)
$
36,901
FNMA
4
.500
%
02/01/39
$
37,322‌
132,647
FNMA
4
.500
02/01/39
134,162‌
51,301
FNMA
4
.500
02/01/39
51,887‌
2,712
FNMA
5
.500
02/01/39
2,790‌
119,693
FNMA
4
.000
04/01/39
118,350‌
7,154
FNMA
5
.500
04/01/39
7,361‌
215,453
FNMA
4
.500
05/01/39
217,917‌
39,553
FNMA
4
.500
05/01/39
39,981‌
115,869
FNMA
4
.500
06/01/39
116,809‌
40,607
FNMA
4
.500
06/01/39
41,072‌
93,230
FNMA
5
.500
06/01/39
96,029‌
4,550,442
FNMA
5
.500
06/01/39
4,645,540‌
26,017
FNMA
4
.500
07/01/39
26,314‌
24,279
FNMA
4
.500
07/01/39
24,557‌
2,410
FNMA
5
.000
07/01/39
2,483‌
4,803,725
FNMA
5
.500
07/01/39
4,904,128‌
1,860
(d)
FNMA,
(LIBOR
12
M
+
1.835%)
7
.710
07/01/39
1,906‌
407,982
FNMA
4
.000
08/01/39
403,404‌
72,561
FNMA
4
.000
08/01/39
71,746‌
6,526
FNMA
4
.500
08/01/39
6,594‌
277,000
FNMA
4
.500
08/01/39
280,168‌
80,745
FNMA
4
.500
08/01/39
81,667‌
306,004
FNMA
5
.000
08/01/39
315,235‌
2,645
FNMA
5
.000
08/01/39
2,727‌
5,400
(d)
FNMA,
(LIBOR
12
M
+
1.650%)
7
.400
08/01/39
5,526‌
3,033
(d)
FNMA,
(LIBOR
12
M
+
1.690%)
7
.440
08/01/39
3,101‌
161,227
FNMA
4
.000
09/01/39
159,417‌
17,117
FNMA
5
.000
09/01/39
17,634‌
3,940,433
FNMA
5
.000
09/01/39
3,988,294‌
74,434
FNMA
5
.500
09/01/39
76,846‌
43,606
FNMA
6
.000
09/01/39
45,914‌
159,335
FNMA
6
.500
10/01/39
168,099‌
7,133
FNMA
5
.000
11/01/39
7,349‌
177,227
FNMA
4
.000
12/01/39
175,237‌
20,404
FNMA
4
.500
12/01/39
20,637‌
39,829
FNMA
4
.500
12/01/39
40,284‌
647,271
FNMA
4
.500
12/01/39
654,674‌
13,553
FNMA
4
.500
01/01/40
13,708‌
15,462
FNMA
5
.000
01/01/40
15,929‌
6,353
(d)
FNMA,
(LIBOR
12
M
+
1.815%)
6
.155
01/01/40
6,566‌
98,433
FNMA
6
.000
02/01/40
103,422‌
4,900,099
FNMA
2
.500
03/01/40
4,472,775‌
129,381
FNMA
4
.500
03/01/40
130,860‌
59,462
FNMA
4
.500
03/01/40
60,141‌
5,975
FNMA
5
.000
03/01/40
6,156‌
6,356,025
FNMA
2
.500
04/01/40
5,797,774‌
6,300,949
FNMA
3
.000
04/01/40
5,959,517‌
6,132
FNMA
4
.500
04/01/40
6,202‌
211,364
FNMA
5
.000
04/01/40
217,749‌
147,964
FNMA
5
.000
04/01/40
152,432‌
4,779
FNMA
4
.500
05/01/40
4,809‌
21,080
(d)
FNMA,
(LIBOR
12
M
+
1.833%)
6
.232
05/01/40
21,791‌
3,788
(d)
FNMA,
(LIBOR
12
M
+
1.790%)
7
.165
05/01/40
3,812‌
12,905
(d)
FNMA,
(LIBOR
12
M
+
1.835%)
7
.210
05/01/40
13,080‌
5,696,914
FNMA
2
.500
06/01/40
5,185,421‌
13,333
FNMA
4
.500
07/01/40
13,486‌
12,276
FNMA
4
.500
07/01/40
12,416‌
19,167
FNMA
5
.000
07/01/40
19,745‌
170,096
FNMA
4
.500
08/01/40
172,041‌
119,502
FNMA
4
.500
08/01/40
120,868‌
120,944
FNMA
5
.000
08/01/40
124,593‌
269,007
FNMA
4
.500
09/01/40
272,084‌
Bond
Index
130
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MORTGAGE
BACKED
(continued)
$
111,261
FNMA
4
.500
%
09/01/40
$
112,535‌
279,973
FNMA
6
.000
09/01/40
295,040‌
39,734
FNMA
3
.500
10/01/40
38,039‌
181,980
FNMA
4
.000
10/01/40
179,937‌
399,762
FNMA
4
.000
10/01/40
395,274‌
313,408
FNMA
4
.500
10/01/40
316,994‌
372,224
FNMA
3
.500
11/01/40
356,344‌
369,311
FNMA
4
.000
11/01/40
365,164‌
405,902
FNMA
4
.000
11/01/40
401,345‌
232,791
FNMA
4
.000
11/01/40
230,178‌
45,157
FNMA
4
.500
11/01/40
45,674‌
12,553,184
FNMA
2
.000
12/01/40
11,008,070‌
119,231
FNMA
4
.000
12/01/40
117,892‌
1,025,432
FNMA
4
.500
12/01/40
1,037,157‌
22,782
(d)
FNMA,
(LIBOR
12
M
+
1.823%)
6
.073
12/01/40
23,040‌
11,559
FNMA
3
.500
01/01/41
11,066‌
4,306,228
FNMA
1
.500
02/01/41
3,625,312‌
10,309,097
FNMA
2
.000
02/01/41
9,007,007‌
50,864
FNMA
3
.500
02/01/41
48,694‌
346,039
FNMA
4
.000
02/01/41
342,154‌
13,230
(d)
FNMA,
(LIBOR
12
M
+
1.826%)
6
.207
02/01/41
13,615‌
349,465
FNMA
4
.000
03/01/41
345,540‌
14,635,338
FNMA
2
.000
04/01/41
12,801,256‌
264,552
FNMA
4
.500
04/01/41
267,578‌
233,916
FNMA
4
.500
05/01/41
236,592‌
75,389
FNMA
4
.500
05/01/41
76,252‌
158,806
FNMA
4
.500
06/01/41
160,623‌
6,526,659
FNMA
2
.000
07/01/41
5,707,225‌
219,954
FNMA
4
.500
07/01/41
222,472‌
28,615
(d)
FNMA,
(LIBOR
12
M
+
1.788%)
7
.414
07/01/41
29,671‌
11,341,031
FNMA
2
.000
08/01/41
9,879,226‌
20,084,113
FNMA
1
.500
09/01/41
16,874,555‌
3,826,689
FNMA
2
.000
09/01/41
3,334,690‌
465,342
FNMA
4
.000
09/01/41
460,116‌
308,343
FNMA
4
.500
09/01/41
311,870‌
122,969
FNMA
5
.500
09/01/41
127,288‌
12,000,470
FNMA
1
.500
10/01/41
10,082,702‌
7,710,578
FNMA
2
.000
10/01/41
6,713,824‌
12,881
(d)
FNMA,
(LIBOR
12
M
+
1.815%)
6
.125
10/01/41
13,046‌
11,740,214
FNMA
2
.000
11/01/41
10,217,104‌
201,792
FNMA
3
.500
11/01/41
193,176‌
166,084
FNMA
3
.500
11/01/41
158,994‌
7,602,637
FNMA
3
.500
12/01/41
7,276,440‌
1,221,810
FNMA
3
.500
12/01/41
1,169,669‌
210,249
FNMA
4
.000
12/01/41
207,887‌
54,869
(d)
FNMA,
(LIBOR
12
M
+
1.750%)
6
.255
12/01/41
57,342‌
11,785,485
FNMA
2
.500
01/01/42
10,567,734‌
6,428,137
FNMA
2
.000
03/01/42
5,588,137‌
583,466
FNMA
3
.500
03/01/42
558,310‌
378,912
FNMA
4
.000
03/01/42
374,658‌
6,199,155
FNMA
3
.000
04/01/42
5,776,215‌
1,397,723
FNMA
3
.500
04/01/42
1,337,178‌
514,836
FNMA
3
.500
04/01/42
493,715‌
478,917
FNMA
4
.500
04/01/42
484,393‌
513,103
FNMA
5
.000
04/01/42
528,585‌
3,762,567
FNMA
2
.500
05/01/42
3,377,296‌
348,921
FNMA
4
.000
05/01/42
345,004‌
305,131
FNMA
5
.000
05/01/42
313,840‌
437,699
FNMA
3
.000
06/01/42
406,368‌
1,657,518
FNMA
3
.500
06/01/42
1,583,996‌
1,328,438
FNMA
4
.000
06/01/42
1,308,598‌
1,023,066
FNMA
4
.000
06/01/42
1,007,365‌
131
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MORTGAGE
BACKED
(continued)
$
2,379,991
FNMA
3
.500
%
07/01/42
$
2,276,409‌
527,974
FNMA
4
.500
07/01/42
532,384‌
567,763
FNMA
3
.500
08/01/42
543,178‌
932,388
FNMA
3
.000
09/01/42
865,288‌
1,185,086
FNMA
3
.500
09/01/42
1,131,783‌
5,770,805
FNMA
4
.500
09/01/42
5,836,722‌
2,170,256
FNMA
3
.000
10/01/42
2,012,666‌
537,370
FNMA
3
.500
10/01/42
513,090‌
1,014,079
FNMA
2
.500
01/01/43
905,821‌
3,220,124
FNMA
3
.000
01/01/43
2,986,481‌
3,640,872
FNMA
3
.000
02/01/43
3,376,559‌
7,111,493
FNMA
3
.000
04/01/43
6,595,015‌
10,014,240
FNMA
3
.000
04/01/43
9,286,852‌
2,493,073
FNMA
3
.000
04/01/43
2,312,043‌
832,483
FNMA
3
.000
04/01/43
772,034‌
2,363,156
FNMA
3
.000
06/01/43
2,191,534‌
14,901
(d)
FNMA,
(LIBOR
12
M
+
1.695%)
7
.192
06/01/43
15,261‌
2,232,111
FNMA
3
.000
07/01/43
2,070,035‌
5,583,288
FNMA
3
.500
07/01/43
5,330,923‌
1,607,095
FNMA
3
.500
07/01/43
1,534,459‌
22,430
(d)
FNMA,
(LIBOR
12
M
+
1.550%)
7
.425
07/01/43
22,828‌
1,979,929
FNMA
3
.000
08/01/43
1,836,223‌
1,056,643
FNMA
4
.000
08/01/43
1,039,550‌
1,726,106
FNMA
3
.000
09/01/43
1,600,872‌
1,778,091
FNMA
3
.500
09/01/43
1,697,741‌
1,762,482
FNMA
3
.500
10/01/43
1,682,807‌
159,972
FNMA
4
.500
10/01/43
160,420‌
455,264
FNMA
4
.000
11/01/43
446,210‌
967,680
FNMA
4
.000
11/01/43
951,427‌
1,033,048
FNMA
4
.500
12/01/43
1,035,943‌
290,920
FNMA
4
.500
12/01/43
291,794‌
1,193,204
FNMA
4
.000
01/01/44
1,170,212‌
15,125,898
FNMA
4
.000
03/01/44
14,881,204‌
705,035
FNMA
4
.000
05/01/44
689,270‌
750,145
FNMA
4
.000
07/01/44
734,299‌
713,162
FNMA
4
.000
07/01/44
697,215‌
484,356
FNMA
3
.500
09/01/44
459,474‌
650,049
FNMA
4
.000
09/01/44
634,708‌
1,651,650
FNMA
3
.500
10/01/44
1,570,212‌
4,282,091
FNMA
5
.000
11/01/44
4,411,283‌
651,980
FNMA
4
.000
12/01/44
636,593‌
1,716,518
FNMA
3
.000
01/01/45
1,590,895‌
5,769,399
FNMA
3
.000
01/01/45
5,350,828‌
6,576,975
FNMA
3
.500
01/01/45
6,279,837‌
2,707,408
FNMA
3
.500
02/01/45
2,562,737‌
1,763,334
FNMA
3
.000
04/01/45
1,627,706‌
2,304,142
FNMA
3
.500
05/01/45
2,180,075‌
2,732,159
FNMA
3
.500
07/01/45
2,582,705‌
2,857,964
FNMA
4
.000
07/01/45
2,790,519‌
9,031,337
FNMA
3
.500
09/01/45
8,623,454‌
4,139,695
FNMA
3
.000
11/01/45
3,822,128‌
1,735,761
FNMA
3
.500
11/01/45
1,637,992‌
5,314,957
FNMA
4
.000
11/01/45
5,189,523‌
1,398,673
FNMA
3
.500
12/01/45
1,319,886‌
4,774,826
FNMA
3
.500
12/01/45
4,505,877‌
2,432,207
FNMA
3
.500
12/01/45
2,295,210‌
6,905,671
FNMA
3
.500
01/01/46
6,516,688‌
1,326,162
FNMA
3
.500
02/01/46
1,251,462‌
3,653,321
FNMA
3
.500
04/01/46
3,459,069‌
2,106,573
FNMA
4
.500
05/01/46
2,112,040‌
1,863,818
FNMA
3
.000
06/01/46
1,711,591‌
2,801,685
FNMA
3
.500
07/01/46
2,643,851‌
Bond
Index
132
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MORTGAGE
BACKED
(continued)
$
4,896,264
FNMA
3
.500
%
08/01/46
$
4,676,144‌
2,938,484
FNMA
4
.000
08/01/46
2,867,329‌
2,943,351
FNMA
3
.000
09/01/46
2,685,521‌
3,626,161
FNMA
3
.000
10/01/46
3,324,145‌
13,245,006
FNMA
3
.000
11/01/46
12,127,394‌
1,668,168
FNMA
3
.500
12/01/46
1,574,188‌
22,493,516
FNMA
3
.000
01/01/47
20,554,344‌
2,859,767
FNMA
3
.000
02/01/47
2,628,238‌
1,870,079
FNMA
4
.000
02/01/47
1,820,143‌
4,035,573
FNMA
3
.000
03/01/47
3,702,623‌
2,414,138
FNMA
3
.500
03/01/47
2,278,148‌
545,040
FNMA
4
.000
03/01/47
530,654‌
428,795
FNMA
4
.500
03/01/47
427,420‌
3,555,635
FNMA
3
.000
04/01/47
3,282,884‌
5,578,306
FNMA
3
.000
04/01/47
5,105,157‌
3,206,959
FNMA
3
.500
04/01/47
3,026,307‌
1,613,691
FNMA
3
.500
05/01/47
1,522,791‌
3,184,583
FNMA
3
.500
07/01/47
3,040,749‌
12,240,963
FNMA
4
.000
07/01/47
11,906,527‌
2,931,162
FNMA
3
.500
10/01/47
2,766,026‌
16,429,806
FNMA
3
.500
11/01/47
15,504,203‌
1,276,270
FNMA
4
.500
11/01/47
1,270,450‌
1,629,683
FNMA
3
.500
01/01/48
1,537,868‌
5,863,561
FNMA
4
.000
01/01/48
5,703,346‌
931,915
FNMA
3
.000
02/01/48
854,050‌
1,332,453
FNMA
3
.500
02/01/48
1,257,373‌
9,234,370
FNMA
3
.500
04/01/48
8,714,034‌
1,871,899
FNMA
4
.000
04/01/48
1,820,754‌
160,350
FNMA
4
.500
04/01/48
159,776‌
2,844,116
FNMA
3
.500
06/01/48
2,683,843‌
4,817,210
FNMA
4
.000
07/01/48
4,685,583‌
3,120,842
FNMA
4
.500
07/01/48
3,100,116‌
1,755,924
FNMA
4
.000
08/01/48
1,707,943‌
1,297,464
FNMA
4
.000
10/01/48
1,262,009‌
1,754,055
FNMA
4
.500
10/01/48
1,744,972‌
15,020,431
FNMA
3
.000
11/01/48
13,781,231‌
3,614,094
FNMA
4
.000
11/01/48
3,512,645‌
1,225,193
FNMA
4
.500
11/01/48
1,218,080‌
1,327,094
FNMA
4
.000
12/01/48
1,290,828‌
1,103,979
FNMA
4
.500
01/01/49
1,096,833‌
2,928,943
FNMA
4
.500
02/01/49
2,914,334‌
3,949,629
FNMA
4
.000
04/01/49
3,841,730‌
3,466,388
FNMA
5
.000
04/01/49
3,540,936‌
4,301,646
FNMA
3
.500
07/01/49
4,055,353‌
15,477,852
FNMA
3
.500
08/01/49
14,605,492‌
2,530,977
FNMA
4
.000
08/01/49
2,461,831‌
9,470,356
FNMA
3
.000
09/01/49
8,653,455‌
5,261,005
FNMA
3
.000
12/01/49
4,807,169‌
11,957,578
FNMA
3
.000
12/01/49
10,970,998‌
10,358,817
FNMA
3
.000
12/01/49
9,433,476‌
12,855,274
FNMA
2
.500
01/01/50
11,230,617‌
20,390,750
FNMA
3
.000
02/01/50
18,631,879‌
9,514,286
FNMA
3
.500
02/01/50
8,948,836‌
13,128,782
FNMA
3
.000
03/01/50
11,976,617‌
18,870,416
FNMA
3
.000
05/01/50
17,234,770‌
10,463,140
FNMA
3
.000
06/01/50
9,548,973‌
7,879,734
FNMA
4
.000
06/01/50
7,660,896‌
17,268,823
FNMA
2
.500
07/01/50
15,075,465‌
4,415,151
FNMA
3
.000
08/01/50
4,026,982‌
9,623,748
FNMA
4
.000
08/01/50
9,344,541‌
33,607,255
FNMA
2
.500
09/01/50
29,307,780‌
149,912,835
FNMA
2
.500
10/01/50
130,733,747‌
133
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MORTGAGE
BACKED
(continued)
$
19,077,955
FNMA
1
.500
%
11/01/50
$
15,106,595‌
92,805,996
FNMA
2
.000
11/01/50
77,206,514‌
13,420,742
FNMA
2
.500
11/01/50
11,661,138‌
53,903,583
FNMA
1
.500
12/01/50
42,654,933‌
98,492,255
FNMA
2
.000
12/01/50
82,097,125‌
8,691,986
FNMA
2
.500
12/01/50
7,563,605‌
74,695,767
FNMA
2
.000
01/01/51
62,238,518‌
7,893,152
FNMA
1
.500
02/01/51
6,251,022‌
7,122,694
FNMA
2
.000
02/01/51
5,914,903‌
88,392,598
FNMA
2
.500
02/01/51
76,916,974‌
36,230,030
FNMA
1
.500
03/01/51
28,657,412‌
101,682,893
FNMA
2
.000
03/01/51
84,220,878‌
20,675,181
FNMA
1
.500
04/01/51
16,381,187‌
123,202,312
FNMA
2
.000
04/01/51
102,442,863‌
31,026,224
FNMA
2
.500
04/01/51
26,988,874‌
82,262,071
FNMA
2
.000
05/01/51
68,391,608‌
3,150,363
FNMA
3
.500
05/01/51
2,933,993‌
10,013,261
FNMA
1
.500
06/01/51
7,922,160‌
75,947,227
FNMA
2
.000
06/01/51
63,144,472‌
44,497,063
FNMA
2
.500
06/01/51
38,710,311‌
48,477,184
FNMA
2
.000
07/01/51
40,316,669‌
141,734,370
FNMA
2
.000
08/01/51
117,501,996‌
88,928,068
FNMA
2
.500
08/01/51
77,220,653‌
66,895,022
FNMA
2
.000
09/01/51
55,447,593‌
38,877,520
FNMA
2
.500
09/01/51
33,870,965‌
10,713,761
FNMA
1
.500
11/01/51
8,467,811‌
87,908,059
FNMA
2
.000
11/01/51
72,910,838‌
46,024,777
FNMA
2
.500
11/01/51
39,901,199‌
76,302,656
FNMA
2
.000
12/01/51
63,243,095‌
68,584,938
FNMA
2
.000
12/01/51
56,955,673‌
83,380,767
FNMA
2
.500
12/01/51
72,574,060‌
85,408,757
FNMA
2
.500
01/01/52
73,951,196‌
53,147,038
FNMA
3
.000
01/01/52
48,018,545‌
62,220,448
FNMA
2
.000
02/01/52
51,516,942‌
14,780,225
FNMA
3
.500
02/01/52
13,848,554‌
47,352,677
FNMA
2
.000
03/01/52
39,212,560‌
72,454,132
FNMA
2
.500
03/01/52
62,779,618‌
7,930,040
FNMA
3
.500
03/01/52
7,403,120‌
13,373,400
FNMA
2
.000
04/01/52
11,070,891‌
27,297,787
FNMA
2
.500
04/01/52
23,635,600‌
9,956,597
FNMA
3
.000
04/01/52
8,952,921‌
8,305,510
FNMA
3
.500
04/01/52
7,736,886‌
44,614,297
FNMA
2
.500
05/01/52
38,573,777‌
24,155,182
FNMA
3
.000
05/01/52
21,682,211‌
6,847,836
FNMA
3
.500
05/01/52
6,376,962‌
51,724,790
FNMA
4
.000
05/01/52
49,747,738‌
8,879,054
FNMA
2
.500
06/01/52
7,678,593‌
22,470,389
FNMA
3
.000
06/01/52
20,183,494‌
7,420,131
FNMA
3
.500
06/01/52
6,914,691‌
12,895,471
FNMA
4
.000
06/01/52
12,383,273‌
29,305,274
FNMA
4
.500
06/01/52
28,803,106‌
16,885,240
FNMA
3
.000
07/01/52
15,170,691‌
10,712,548
FNMA
3
.000
07/01/52
9,624,601‌
5,152,984
FNMA
3
.500
07/01/52
4,798,655‌
31,400,255
FNMA
3
.500
07/01/52
29,251,875‌
8,762,757
FNMA
4
.000
07/01/52
8,421,317‌
37,571,065
FNMA
4
.000
07/01/52
36,108,886‌
8,589,186
FNMA
4
.500
07/01/52
8,453,955‌
21,569,386
FNMA
4
.500
07/01/52
21,223,386‌
20,748,886
FNMA
5
.000
07/01/52
20,763,746‌
11,987,123
FNMA
2
.500
08/01/52
10,349,333‌
4,154,038
FNMA
5
.000
08/01/52
4,161,121‌
Bond
Index
134
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MORTGAGE
BACKED
(continued)
$
18,082,965
FNMA
3
.500
%
09/01/52
$
16,859,066‌
4,695,784
FNMA
4
.000
09/01/52
4,511,393‌
27,183,079
FNMA
4
.500
09/01/52
26,736,263‌
23,599,392
FNMA
5
.000
09/01/52
23,632,946‌
4,265,393
FNMA
3
.000
10/01/52
3,832,359‌
8,040,051
FNMA
4
.000
10/01/52
7,725,521‌
54,954,052
FNMA
4
.500
10/01/52
54,045,322‌
24,280,663
FNMA
5
.000
10/01/52
24,296,303‌
13,684,372
FNMA
5
.500
10/01/52
13,865,871‌
15,757,262
FNMA
3
.000
11/01/52
14,154,675‌
14,362,631
FNMA
3
.500
11/01/52
13,375,037‌
12,072,835
FNMA
4
.000
11/01/52
11,602,890‌
13,154,468
FNMA
4
.500
11/01/52
12,936,948‌
29,080,048
FNMA
5
.000
11/01/52
29,138,754‌
8,489,673
FNMA
5
.500
11/01/52
8,608,813‌
8,110,375
FNMA
6
.000
11/01/52
8,318,734‌
2,884,718
FNMA
4
.000
12/01/52
2,770,717‌
13,799,796
FNMA
5
.500
12/01/52
13,991,339‌
14,237,132
FNMA
5
.500
01/01/53
14,407,750‌
19,599,594
FNMA
6
.000
01/01/53
20,060,797‌
5,142,038
FNMA
6
.500
01/01/53
5,305,583‌
14,459,432
FNMA
5
.000
02/01/53
14,462,492‌
17,988,872
FNMA
5
.500
02/01/53
18,203,456‌
8,716,150
FNMA
6
.000
02/01/53
8,924,812‌
672,016
FNMA
7
.000
02/01/53
698,167‌
2,016,901
FNMA
3
.500
03/01/53
1,878,972‌
2,005,043
FNMA
4
.000
03/01/53
1,925,610‌
2,847,408
FNMA
4
.500
03/01/53
2,800,310‌
2,829,141
FNMA
5
.000
03/01/53
2,829,740‌
6,492,036
FNMA
6
.000
03/01/53
6,643,731‌
2,884,903
FNMA
6
.500
03/01/53
2,982,936‌
2,109,463
FNMA
3
.500
04/01/53
1,964,568‌
2,705,757
FNMA
5
.000
04/01/53
2,706,121‌
6,950,146
FNMA
5
.500
04/01/53
7,034,697‌
3,353,467
FNMA
6
.000
04/01/53
3,430,413‌
1,576,208
FNMA
6
.500
04/01/53
1,628,287‌
12,322,077
FNMA
4
.000
05/01/53
11,835,178‌
10,363,808
FNMA
5
.000
05/01/53
10,364,401‌
25,011,958
FNMA
5
.500
05/01/53
25,308,090‌
9,746,387
FNMA
4
.500
06/01/53
9,583,119‌
12,762,539
FNMA
5
.000
06/01/53
12,762,284‌
7,412,512
FNMA
5
.500
06/01/53
7,498,834‌
18,990,802
FNMA
5
.000
07/01/53
18,988,956‌
35,822,737
FNMA
5
.500
07/01/53
36,248,270‌
27,619,285
FNMA
6
.000
07/01/53
28,263,647‌
7,329,138
FNMA
6
.500
07/01/53
7,568,969‌
18,822,565
FNMA
5
.000
08/01/53
18,810,557‌
23,871,685
FNMA
5
.500
08/01/53
24,152,189‌
2,903,405
FNMA
6
.000
08/01/53
2,968,565‌
4,964,512
FNMA
6
.500
08/01/53
5,126,143‌
19,518,742
FNMA
5
.500
10/01/53
19,744,547‌
20,446,076
FNMA
6
.000
10/01/53
20,900,761‌
8,535,223
FNMA
6
.500
10/01/53
8,799,434‌
4,997,829
FNMA
5
.000
11/01/53
4,995,412‌
36,438,694
FNMA
6
.000
12/01/53
37,249,180‌
37,774,802
FNMA
6
.500
12/01/53
38,949,227‌
13,246,027
FNMA
7
.000
12/01/53
13,758,967‌
7,880,656
FNMA
7
.000
01/01/54
8,185,832‌
6,965,723
FNMA
5
.500
02/01/54
7,047,564‌
13,750,536
FNMA
6
.000
02/01/54
14,053,581‌
27,441,099
FNMA
6
.500
02/01/54
28,294,735‌
7,855,647
FNMA
5
.500
03/01/54
7,947,542‌
135
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MORTGAGE
BACKED
(continued)
$
12,057,606
FNMA
6
.000
%
03/01/54
$
12,323,341‌
4,463,316
FNMA
6
.500
03/01/54
4,601,143‌
7,344,533
FNMA
7
.000
03/01/54
7,628,948‌
5,241,632
FNMA
4
.500
04/01/54
5,152,610‌
4,496,336
FNMA
6
.500
04/01/54
4,635,414‌
5,120,444
FNMA
5
.000
06/01/54
5,117,179‌
20,743,697
FNMA
5
.500
06/01/54
20,986,363‌
20,133,729
FNMA
6
.000
06/01/54
20,577,467‌
9,389,541
FNMA
6
.500
06/01/54
9,679,021‌
7,969,790
FNMA
5
.000
07/01/54
7,964,707‌
15,695,005
FNMA
5
.500
07/01/54
15,878,613‌
24,100,797
FNMA
6
.000
07/01/54
24,631,973‌
10,466,476
FNMA
6
.500
07/01/54
10,789,694‌
6,549,591
FNMA
7
.000
07/01/54
6,807,315‌
20,677,542
FNMA
5
.500
08/01/54
20,919,443‌
37,726,532
FNMA
6
.000
08/01/54
38,558,026‌
25,698,770
FNMA
6
.500
08/01/54
26,490,720‌
16,769,099
FNMA
5
.500
09/01/54
16,964,416‌
30,756,026
FNMA
6
.000
09/01/54
31,433,945‌
1,486,136
FNMA
3
.500
07/01/55
1,402,410‌
11,615,000
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
6
.500
10/01/54
11,976,063‌
148
Government
National
Mortgage
Association
(GNMA)
4
.500
01/15/25
148‌
3,988
GNMA
4
.000
08/15/25
3,969‌
2,557
GNMA
3
.500
03/15/26
2,539‌
3,201
GNMA
4
.000
04/15/26
3,189‌
4,107
GNMA
4
.000
06/20/26
4,083‌
7,254
GNMA
3
.500
11/20/26
7,189‌
36,416
GNMA
3
.000
12/15/26
35,947‌
139,363
GNMA
2
.500
04/20/27
136,526‌
121,538
GNMA
2
.500
09/20/27
118,849‌
58
GNMA
6
.500
09/15/28
58‌
551
GNMA
6
.500
11/15/28
562‌
94
GNMA
7
.500
11/15/28
94‌
225,831
GNMA
3
.500
11/20/28
223,418‌
3,340
GNMA
8
.500
10/15/30
3,361‌
1,141
GNMA
8
.500
10/20/30
1,203‌
152
GNMA
8
.500
12/15/30
163‌
151
GNMA
7
.000
06/20/31
156‌
1,416,555
GNMA
3
.000
08/20/32
1,380,855‌
60,367
GNMA
6
.000
10/15/32
63,930‌
7,841
GNMA
5
.500
12/20/32
8,160‌
22,930
GNMA
5
.500
05/15/33
23,602‌
1,957
GNMA
5
.000
07/15/33
1,979‌
8,101
GNMA
5
.500
07/15/33
8,387‌
2,199
GNMA
5
.000
07/20/33
2,224‌
10,906
GNMA
5
.000
08/15/33
11,051‌
36,206
GNMA
5
.500
09/15/33
37,728‌
31,241
GNMA
6
.000
11/20/33
32,502‌
13,193
GNMA
5
.500
05/20/34
13,728‌
19,645
GNMA
6
.000
09/20/34
20,695‌
1,330
GNMA
5
.000
10/20/34
1,366‌
37,556
GNMA
5
.500
11/15/34
38,880‌
17,630
GNMA
6
.500
01/15/35
18,336‌
10,617
GNMA
5
.500
02/20/35
10,986‌
204,058
GNMA
5
.000
03/20/35
209,399‌
58,232
GNMA
5
.000
04/15/35
59,398‌
61,258
GNMA
5
.500
05/20/35
63,817‌
2,123
GNMA
5
.000
09/20/35
2,178‌
2,768
GNMA
5
.000
11/15/35
2,850‌
1,753
GNMA
5
.000
11/15/35
1,805‌
17,440
GNMA
5
.500
02/20/36
18,169‌
2,630
GNMA
5
.500
03/15/36
2,723‌
Bond
Index
136
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MORTGAGE
BACKED
(continued)
$
5,715
GNMA
5
.500
%
05/20/36
$
5,924‌
1,894
GNMA
6
.500
06/15/36
1,987‌
55,865
GNMA
5
.500
06/20/36
58,201‌
3,271
GNMA
5
.000
09/15/36
3,367‌
1,894
GNMA
6
.000
09/15/36
1,954‌
5,392
GNMA
6
.000
10/20/36
5,658‌
3,457
GNMA
5
.000
12/15/36
3,558‌
3,229
GNMA
6
.000
01/20/37
3,388‌
51,712
GNMA
5
.500
02/15/37
53,540‌
12,226
GNMA
6
.000
02/20/37
12,830‌
80,105
GNMA
6
.000
04/15/37
84,004‌
37,361
GNMA
6
.000
04/20/37
38,626‌
5,239
GNMA
6
.000
06/15/37
5,422‌
6,633
GNMA
6
.000
08/20/37
6,961‌
5,536
GNMA
6
.500
08/20/37
5,858‌
25,375
GNMA
6
.500
11/20/37
26,851‌
7,938
GNMA
6
.000
12/15/37
8,255‌
1,366
GNMA
5
.000
02/20/38
1,401‌
32,572
GNMA
5
.000
04/15/38
33,403‌
788
GNMA
5
.500
05/20/38
810‌
5,362
GNMA
5
.500
06/15/38
5,552‌
16,859
GNMA
6
.000
06/20/38
17,691‌
15,356
GNMA
5
.500
07/15/38
15,900‌
117,060
GNMA
5
.000
07/20/38
119,558‌
118,212
GNMA
5
.500
07/20/38
122,940‌
4,176
GNMA
5
.500
08/15/38
4,324‌
38,812
GNMA
6
.000
08/15/38
40,857‌
38,705
GNMA
6
.000
08/15/38
40,226‌
11,421
GNMA
6
.000
08/20/38
11,985‌
45,612
GNMA
6
.000
09/20/38
49,279‌
29,654
GNMA
5
.000
10/15/38
30,360‌
4,082
GNMA
5
.500
10/15/38
4,211‌
5,884
GNMA
6
.500
10/20/38
6,025‌
2,436
GNMA
6
.500
10/20/38
2,569‌
647
GNMA
5
.500
11/15/38
670‌
10,771
GNMA
6
.500
11/20/38
11,228‌
39,909
GNMA
6
.000
12/15/38
41,876‌
663
GNMA
6
.500
12/15/38
687‌
8,848
GNMA
5
.000
01/15/39
9,116‌
186,368
GNMA
4
.500
01/20/39
188,824‌
25,394
GNMA
6
.500
01/20/39
27,068‌
7,194
GNMA
5
.000
02/15/39
7,405‌
611
GNMA
6
.000
02/15/39
617‌
6,462
GNMA
4
.500
03/15/39
6,543‌
87,601
GNMA
4
.500
03/15/39
87,677‌
2,481
GNMA
4
.500
03/20/39
2,514‌
49,128
GNMA
5
.500
03/20/39
51,670‌
4,152
GNMA
4
.500
04/15/39
4,190‌
96,814
GNMA
5
.500
04/15/39
100,239‌
1,701
GNMA
5
.000
04/20/39
1,747‌
6,814
GNMA
4
.000
05/15/39
6,730‌
115,509
GNMA
4
.500
05/15/39
116,825‌
63,064
GNMA
5
.000
05/15/39
64,677‌
8,654
GNMA
4
.000
05/20/39
8,590‌
21,856
GNMA
4
.500
05/20/39
22,144‌
514,315
GNMA
5
.000
05/20/39
526,892‌
3,670
GNMA
4
.500
06/15/39
3,716‌
310,034
GNMA
4
.500
06/15/39
315,616‌
505,781
GNMA
5
.000
06/15/39
517,505‌
409,241
GNMA
5
.000
06/15/39
415,276‌
8,430
GNMA
5
.000
06/15/39
8,683‌
3,412
GNMA
5
.000
06/15/39
3,508‌
137
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MORTGAGE
BACKED
(continued)
$
3,834
GNMA
5
.000
%
06/15/39
$
3,950‌
4,999
GNMA
4
.000
06/20/39
4,962‌
3,247
GNMA
5
.000
06/20/39
3,337‌
364,975
GNMA
4
.000
07/15/39
358,546‌
3,871
GNMA
4
.500
07/15/39
3,873‌
10,823
GNMA
4
.500
07/15/39
10,831‌
427,098
GNMA
4
.500
07/15/39
431,964‌
6,215
GNMA
5
.000
07/15/39
6,392‌
47,307
GNMA
4
.500
07/20/39
47,930‌
44,209
GNMA
5
.000
07/20/39
45,426‌
5,214
GNMA
5
.500
07/20/39
5,432‌
21,272
GNMA
4
.000
08/15/39
20,975‌
42,615
GNMA
5
.000
08/15/39
43,184‌
1,587
GNMA
5
.500
08/15/39
1,628‌
16,665
GNMA
6
.000
08/15/39
17,140‌
14,538
GNMA
4
.000
08/20/39
14,430‌
11,426
GNMA
5
.000
08/20/39
11,740‌
15,343
GNMA
5
.000
09/20/39
15,812‌
3,347
GNMA
4
.500
10/15/39
3,346‌
1,759
GNMA
5
.000
10/15/39
1,809‌
4,816
GNMA
4
.500
10/20/39
4,879‌
10,143
GNMA
4
.500
11/15/39
10,252‌
7,072
GNMA
4
.500
11/20/39
7,163‌
8,575
GNMA
5
.000
11/20/39
8,810‌
247,718
GNMA
4
.500
12/15/39
250,251‌
7,151
GNMA
4
.500
12/20/39
7,242‌
270,269
GNMA
5
.000
12/20/39
277,705‌
233,615
GNMA
4
.500
01/20/40
236,574‌
4,212
GNMA
5
.500
01/20/40
4,388‌
157,808
GNMA
5
.500
02/15/40
163,389‌
21,001
GNMA
4
.000
03/15/40
20,812‌
3,652
GNMA
5
.000
03/15/40
3,694‌
1,272
GNMA
4
.500
04/15/40
1,281‌
35,542
GNMA
5
.000
04/15/40
35,978‌
9,526
GNMA
4
.500
04/20/40
9,644‌
1,498
GNMA
4
.500
05/15/40
1,511‌
43,432
GNMA
5
.000
05/15/40
44,407‌
1,969
GNMA
4
.500
05/20/40
1,994‌
73,750
(d)
GNMA,
(DGS1
+
1.500%)
4
.875
05/20/40
74,262‌
948,736
GNMA
4
.500
06/15/40
957,949‌
3,008
GNMA
4
.500
06/15/40
3,037‌
2,614
GNMA
4
.500
06/15/40
2,636‌
49,618
GNMA
5
.000
06/20/40
50,954‌
85,428
GNMA
4
.500
07/15/40
86,127‌
27,048
GNMA
4
.500
07/15/40
27,021‌
334,178
GNMA
4
.500
07/20/40
338,205‌
10,114
GNMA
5
.000
07/20/40
10,386‌
69,058
GNMA
4
.000
08/15/40
67,982‌
359,270
GNMA
4
.000
08/15/40
352,273‌
30,438
GNMA
4
.500
08/15/40
30,801‌
24,578
GNMA
4
.500
08/20/40
24,871‌
22,033
GNMA
4
.500
09/20/40
22,283‌
7,597
GNMA
5
.500
09/20/40
7,915‌
6,676
GNMA
6
.500
09/20/40
6,883‌
11,113
GNMA
4
.000
10/15/40
10,940‌
16,475
GNMA
6
.000
10/20/40
17,287‌
133,512
GNMA
4
.000
11/15/40
131,433‌
285,661
GNMA
4
.000
11/20/40
283,544‌
71,641
GNMA
3
.500
12/15/40
68,960‌
128,095
GNMA
5
.500
12/20/40
133,451‌
373,113
GNMA
4
.000
01/15/41
369,198‌
777,490
GNMA
4
.000
01/20/41
771,730‌
Bond
Index
138
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MORTGAGE
BACKED
(continued)
$
75,846
GNMA
4
.000
%
02/15/41
$
75,039‌
213,406
GNMA
4
.500
02/20/41
215,956‌
125,816
GNMA
4
.500
03/15/41
126,905‌
240,764
GNMA
4
.500
04/20/41
243,641‌
54,325
GNMA
5
.000
04/20/41
55,487‌
15,080
(d)
GNMA,
(DGS1
+
1.500%)
4
.875
06/20/41
15,191‌
49,547
GNMA
4
.000
07/15/41
49,020‌
99,911
GNMA
4
.000
07/20/41
99,170‌
342,168
GNMA
4
.500
07/20/41
346,257‌
298,965
GNMA
5
.000
07/20/41
307,151‌
77,987
GNMA
4
.500
08/15/41
78,511‌
146,141
GNMA
5
.000
08/20/41
150,163‌
198,091
GNMA
4
.000
09/15/41
194,322‌
10,236
(d)
GNMA,
(DGS1
+
1.500%)
3
.625
09/20/41
10,351‌
465,751
GNMA
4
.000
09/20/41
462,300‌
31,339
GNMA
4
.000
10/15/41
31,005‌
20,644
(d)
GNMA,
(DGS1
+
1.500%)
3
.750
10/20/41
20,822‌
11,607
(d)
GNMA,
(DGS1
+
1.500%)
3
.750
10/20/41
11,692‌
596,467
GNMA
4
.000
10/20/41
592,047‌
84,098
GNMA
5
.500
10/20/41
87,612‌
168,264
GNMA
3
.500
11/15/41
162,487‌
418,993
GNMA
4
.000
11/15/41
412,467‌
783,668
GNMA
4
.500
11/20/41
793,034‌
360,227
GNMA
5
.000
11/20/41
370,141‌
82,833
GNMA
6
.000
11/20/41
86,920‌
426,940
GNMA
3
.500
01/20/42
411,245‌
51,009
(d)
GNMA,
(DGS1
+
1.500%)
4
.625
02/20/42
51,473‌
203,908
GNMA
3
.500
03/20/42
196,224‌
391,800
GNMA
4
.500
03/20/42
396,483‌
372,209
GNMA
3
.500
04/15/42
359,083‌
826,456
GNMA
3
.500
05/20/42
781,059‌
1,936,180
GNMA
3
.500
05/20/42
1,860,524‌
448,901
GNMA
4
.000
05/20/42
445,576‌
754,855
GNMA
3
.500
07/15/42
726,131‌
451,872
GNMA
3
.500
07/20/42
433,797‌
73,488
(d)
GNMA,
(DGS1
+
1.500%)
3
.625
07/20/42
74,342‌
600,116
GNMA
3
.000
08/20/42
562,038‌
817,387
GNMA
3
.500
08/20/42
776,596‌
1,897,255
GNMA
3
.500
08/20/42
1,820,486‌
395,951
GNMA
6
.000
08/20/42
415,492‌
767,565
GNMA
3
.500
10/20/42
735,796‌
891,937
GNMA
3
.000
11/20/42
828,845‌
884,335
GNMA
3
.000
12/20/42
812,524‌
1,046,938
GNMA
3
.000
12/20/42
972,881‌
555,491
GNMA
3
.000
01/15/43
519,013‌
2,466,866
GNMA
3
.000
01/15/43
2,304,826‌
782,158
GNMA
3
.000
01/20/43
726,843‌
1,337,165
GNMA
3
.000
02/20/43
1,242,598‌
1,037,732
GNMA
3
.000
02/20/43
967,187‌
226,663
GNMA
3
.000
04/15/43
211,777‌
251,904
GNMA
5
.000
04/20/43
258,822‌
526,534
GNMA
3
.000
05/20/43
489,293‌
801,165
GNMA
3
.000
06/20/43
744,499‌
2,013,234
GNMA
3
.500
06/20/43
1,902,572‌
1,751,682
GNMA
3
.000
07/20/43
1,627,783‌
832,152
GNMA
3
.500
07/20/43
797,987‌
3,463,212
GNMA
4
.500
08/20/43
3,505,312‌
1,146,943
GNMA
3
.500
09/20/43
1,100,085‌
368,005
GNMA
4
.000
09/20/43
362,789‌
4,801,483
GNMA
3
.500
10/20/43
4,605,558‌
2,196,253
GNMA
4
.000
10/20/43
2,170,955‌
205,831
GNMA
3
.500
11/20/43
197,358‌
139
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MORTGAGE
BACKED
(continued)
$
394,570
GNMA
4
.000
%
11/20/43
$
389,944‌
380,766
GNMA
4
.500
12/20/43
383,440‌
418,856
GNMA
4
.500
01/20/44
422,013‌
493,964
GNMA
3
.500
02/20/44
473,125‌
670,829
GNMA
4
.000
02/20/44
662,550‌
668,665
GNMA
4
.000
05/20/44
660,275‌
704,348
GNMA
4
.000
06/20/44
695,510‌
1,795,078
GNMA
3
.500
07/20/44
1,714,180‌
5,606,120
GNMA
3
.500
10/20/44
5,352,598‌
590,260
GNMA
4
.500
10/20/44
594,407‌
1,287,988
GNMA
3
.500
11/20/44
1,229,608‌
1,611,185
GNMA
3
.000
12/20/44
1,497,245‌
3,002,786
GNMA
4
.000
12/20/44
2,962,021‌
4,033,604
GNMA
3
.500
02/20/45
3,850,169‌
2,405,807
GNMA
4
.000
03/20/45
2,373,144‌
1,647,155
GNMA
3
.000
04/20/45
1,529,679‌
3,529,439
GNMA
3
.000
06/20/45
3,275,624‌
8,047,840
GNMA
3
.000
07/20/45
7,436,865‌
2,735,023
GNMA
4
.000
10/20/45
2,693,666‌
4,620,669
GNMA
4
.000
11/20/45
4,546,696‌
2,075,327
GNMA
3
.000
12/20/45
1,924,048‌
1,850,922
GNMA
3
.500
12/20/45
1,764,664‌
9,891,463
GNMA
3
.000
03/20/46
9,161,503‌
3,474,934
GNMA
3
.000
04/20/46
3,215,987‌
2,111,890
GNMA
4
.000
04/20/46
2,078,664‌
9,305,531
GNMA
3
.000
05/20/46
8,585,161‌
5,730,361
GNMA
3
.500
05/20/46
5,458,180‌
2,122,152
GNMA
3
.000
06/20/46
1,962,205‌
1,290,581
GNMA
3
.500
06/20/46
1,228,316‌
1,608,208
GNMA
3
.000
07/20/46
1,486,788‌
2,761,885
GNMA
3
.500
08/20/46
2,630,267‌
1,556,563
GNMA
3
.000
09/20/46
1,435,105‌
6,388,611
GNMA
3
.500
09/20/46
6,078,477‌
3,053,530
GNMA
3
.000
10/20/46
2,811,552‌
1,693,152
GNMA
3
.000
12/20/46
1,564,224‌
10,554,250
GNMA
3
.000
01/20/47
9,720,508‌
1,212,697
GNMA
4
.000
01/20/47
1,190,745‌
2,590,789
GNMA
4
.000
04/20/47
2,536,698‌
2,774,038
GNMA
3
.500
05/20/47
2,634,990‌
1,400,801
GNMA
3
.500
06/20/47
1,329,743‌
1,787,755
GNMA
3
.000
07/20/47
1,649,770‌
3,173,275
GNMA
4
.500
07/20/47
3,179,921‌
3,340,104
GNMA
3
.000
08/20/47
3,081,216‌
3,723,576
GNMA
3
.500
08/20/47
3,539,005‌
6,638,939
GNMA
3
.000
09/20/47
6,112,184‌
8,370,239
GNMA
4
.000
09/20/47
8,204,505‌
5,991,411
GNMA
3
.500
11/20/47
5,681,841‌
4,434,289
GNMA
3
.500
12/20/47
4,204,655‌
2,816,508
GNMA
3
.500
01/20/48
2,670,282‌
3,533,944
GNMA
4
.000
05/20/48
3,452,102‌
2,629,077
GNMA
4
.000
06/20/48
2,571,014‌
6,072,294
GNMA
3
.500
07/20/48
5,756,976‌
2,726,859
GNMA
4
.000
08/20/48
2,662,829‌
1,854,490
GNMA
5
.000
08/20/48
1,881,550‌
1,748,184
GNMA
4
.500
09/20/48
1,748,076‌
1,494,511
GNMA
5
.000
10/20/48
1,518,394‌
1,225,212
GNMA
4
.500
11/20/48
1,224,948‌
2,804,229
GNMA
3
.500
04/20/49
2,654,290‌
9,470,925
GNMA
4
.500
04/20/49
9,467,413‌
2,905,150
GNMA
4
.000
05/20/49
2,837,005‌
1,841,102
GNMA
3
.500
06/20/49
1,739,740‌
4,160,323
GNMA
3
.500
09/20/49
3,928,801‌
Bond
Index
140
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MORTGAGE
BACKED
(continued)
$
2,999,353
GNMA
3
.500
%
11/20/49
$
2,831,549‌
23,854,753
GNMA
2
.500
12/20/49
21,133,066‌
53,268,262
GNMA
3
.000
02/20/50
48,766,443‌
6,480,373
GNMA
3
.500
02/20/50
6,151,784‌
9,172,604
GNMA
3
.500
04/20/50
8,679,424‌
8,792,382
GNMA
3
.000
05/20/50
8,047,479‌
8,899,216
GNMA
2
.500
08/20/50
7,866,276‌
14,340,408
GNMA
2
.500
10/20/50
12,669,968‌
37,903,433
GNMA
2
.000
11/20/50
32,180,075‌
20,085,037
GNMA
2
.500
12/20/50
17,741,252‌
22,229,550
GNMA
2
.000
01/20/51
18,863,474‌
5,539,111
GNMA
2
.500
01/20/51
4,890,105‌
19,759,133
GNMA
2
.000
02/20/51
16,763,304‌
3,761,762
GNMA
1
.500
04/20/51
3,089,865‌
15,678,125
GNMA
2
.000
04/20/51
13,294,955‌
35,993,910
GNMA
2
.500
04/20/51
31,752,712‌
13,475,606
GNMA
2
.500
05/20/51
11,889,002‌
11,461,663
GNMA
2
.000
06/20/51
9,719,348‌
3,249,634
GNMA
3
.000
06/20/51
2,967,092‌
64,171,552
GNMA
2
.500
07/20/51
56,577,131‌
5,801,717
GNMA
2
.000
08/20/51
4,919,740‌
24,264,548
GNMA
2
.500
08/20/51
21,386,853‌
7,326,911
GNMA
3
.000
08/20/51
6,685,373‌
22,786,520
GNMA
2
.500
09/20/51
20,079,024‌
5,417,675
GNMA
3
.000
09/20/51
4,942,239‌
145,622,932
GNMA
2
.000
11/20/51
123,484,513‌
16,220,030
GNMA
2
.000
12/20/51
13,754,119‌
23,915,654
GNMA
2
.500
12/20/51
21,075,386‌
23,372,922
GNMA
3
.000
12/20/51
21,319,015‌
4,016,158
GNMA
3
.500
01/20/52
3,776,182‌
12,296,439
GNMA
2
.500
02/20/52
10,834,972‌
19,957,804
GNMA
3
.500
02/20/52
18,746,915‌
8,846,880
GNMA
2
.000
04/20/52
7,504,538‌
23,296,053
GNMA
2
.500
04/20/52
20,527,203‌
16,693,125
GNMA
3
.000
04/20/52
15,223,563‌
15,538,688
GNMA
2
.000
05/20/52
13,180,980‌
13,339,857
GNMA
2
.500
05/20/52
11,755,034‌
7,845,061
GNMA
3
.000
05/20/52
7,152,149‌
8,543,050
GNMA
4
.000
05/20/52
8,258,186‌
10,176,470
GNMA
3
.000
06/20/52
9,281,036‌
8,592,555
GNMA
4
.000
06/20/52
8,311,298‌
2,983,795
GNMA
3
.000
07/20/52
2,723,483‌
14,637,960
GNMA
3
.500
07/20/52
13,749,790‌
4,313,329
GNMA
4
.500
07/20/52
4,265,844‌
4,296,237
GNMA
3
.500
08/20/52
4,035,555‌
8,784,386
GNMA
4
.000
08/20/52
8,491,464‌
6,334,103
GNMA
4
.500
08/20/52
6,263,395‌
4,273,487
GNMA
5
.000
08/20/52
4,291,168‌
7,478,944
GNMA
3
.500
09/20/52
7,025,136‌
11,378,073
GNMA
4
.000
09/20/52
11,005,625‌
37,288,844
GNMA
4
.500
09/20/52
36,866,834‌
4,291,870
GNMA
5
.000
09/20/52
4,305,398‌
8,161,681
GNMA
5
.500
09/20/52
8,256,343‌
6,870,801
GNMA
3
.500
10/20/52
6,453,885‌
19,105,529
GNMA
4
.000
10/20/52
18,468,433‌
1,957,623
GNMA
3
.500
11/20/52
1,838,840‌
4,475,931
GNMA
4
.500
11/20/52
4,424,126‌
27,772,032
GNMA
5
.000
11/20/52
27,859,342‌
8,673,900
GNMA
5
.500
11/20/52
8,769,312‌
9,576,215
GNMA
3
.500
12/20/52
8,995,189‌
1,039,093
GNMA
4
.000
12/20/52
1,004,444‌
1,005,289
GNMA
4
.500
12/20/52
993,551‌
141
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MORTGAGE
BACKED
(continued)
$
7,608,201
GNMA
5
.500
%
12/20/52
$
7,696,447‌
4,564,302
GNMA
6
.000
12/20/52
4,662,431‌
2,677,014
GNMA
5
.000
01/20/53
2,684,354‌
6,795,202
GNMA
6
.000
01/20/53
6,956,978‌
4,300,543
GNMA
6
.500
01/20/53
4,416,984‌
5,186,410
GNMA
2
.500
02/20/53
4,574,574‌
4,462,166
GNMA
3
.000
02/20/53
4,082,362‌
1,871,602
GNMA
4
.000
02/20/53
1,809,194‌
1,497,449
GNMA
4
.500
02/20/53
1,479,797‌
5,556,027
GNMA
5
.000
02/20/53
5,570,164‌
5,272,969
GNMA
5
.500
02/20/53
5,334,549‌
2,862,846
GNMA
4
.500
03/20/53
2,829,099‌
18,733,750
GNMA
5
.000
03/20/53
18,783,036‌
5,188,765
GNMA
5
.500
03/20/53
5,247,748‌
3,034,783
GNMA
6
.000
03/20/53
3,105,643‌
9,074,336
GNMA
4
.000
04/20/53
8,771,748‌
2,414,835
GNMA
5
.500
04/20/53
2,441,079‌
4,851,914
GNMA
4
.500
05/20/53
4,793,221‌
15,306,693
GNMA
5
.000
05/20/53
15,345,265‌
3,167,749
GNMA
3
.500
06/20/53
2,989,415‌
16,650,569
GNMA
5
.500
06/20/53
16,834,531‌
4,796,369
GNMA
6
.500
06/20/53
4,921,803‌
10,972,815
GNMA
4
.500
07/20/53
10,839,451‌
7,920,228
GNMA
5
.000
07/20/53
7,941,652‌
4,643,974
GNMA
5
.500
07/20/53
4,692,926‌
7,655,319
GNMA
6
.000
07/20/53
7,815,075‌
12,562,504
GNMA
5
.500
08/20/53
12,693,689‌
2,589,766
GNMA
6
.000
08/20/53
2,640,686‌
1,953,566
GNMA
7
.000
08/20/53
2,007,810‌
4,978,241
GNMA
5
.000
09/20/53
4,987,377‌
10,807,854
GNMA
6
.000
09/20/53
11,013,652‌
12,893,036
GNMA
6
.000
11/20/53
13,149,625‌
10,096,729
GNMA
6
.500
11/20/53
10,335,281‌
4,774,212
GNMA
7
.000
11/20/53
4,899,622‌
5,189,842
GNMA
7
.000
12/20/53
5,320,072‌
12,061,238
GNMA
5
.500
01/20/54
12,182,724‌
7,720,652
GNMA
6
.000
01/20/54
7,855,032‌
12,722,165
GNMA
6
.500
01/20/54
13,022,758‌
3,074,323
GNMA
4
.500
02/20/54
3,036,958‌
9,037,378
GNMA
5
.000
02/20/54
9,064,147‌
2,910,588
GNMA
6
.000
02/20/54
2,961,247‌
2,820,580
GNMA
6
.500
02/20/54
2,887,223‌
4,849,452
GNMA
6
.000
03/20/54
4,933,858‌
5,190,539
GNMA
5
.000
04/20/54
5,205,114‌
3,060,859
GNMA
5
.500
04/20/54
3,091,289‌
6,829,332
GNMA
6
.000
04/20/54
6,948,198‌
3,084,171
GNMA
5
.000
05/20/54
3,092,515‌
16,924,624
GNMA
5
.500
05/20/54
17,090,284‌
5,228,963
GNMA
4
.500
06/20/54
5,165,410‌
9,825,321
GNMA
6
.000
06/20/54
9,996,333‌
4,856,909
GNMA
6
.500
06/20/54
4,971,666‌
9,223,755
GNMA
6
.500
07/20/54
9,442,840‌
13,828,588
GNMA
5
.500
08/20/54
13,966,073‌
13,685,443
GNMA
6
.000
08/20/54
13,928,631‌
7,900,000
GNMA
5
.500
09/20/54
7,978,543‌
5,890,000
GNMA
6
.000
09/20/54
5,994,666‌
TOTAL
MORTGAGE
BACKED
6,605,493,076‌
MUNICIPAL
BONDS
-
0.6%
200,000
Alabama
Economic
Settlement
Authority
4
.263
09/15/32
197,310‌
250,000
Alabama
Federal
Aid
Highway
Finance
Authority
2
.650
09/01/37
205,852‌
300,000
American
Municipal
Power,
Inc
7
.834
02/15/41
378,716‌
455,000
American
Municipal
Power,
Inc
6
.270
02/15/50
502,663‌
Bond
Index
142
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MUNICIPAL
BONDS
(continued)
$
1,165,000
American
Municipal
Power,
Inc
8
.084
%
02/15/50
$
1,590,993‌
490,000
Bay
Area
Toll
Authority
6
.918
04/01/40
577,784‌
2,000,000
Bay
Area
Toll
Authority
6
.263
04/01/49
2,280,686‌
755,000
Bay
Area
Toll
Authority
3
.126
04/01/55
546,389‌
200,000
Board
of
Regents
of
the
University
of
Texas
System
3
.852
08/15/46
176,913‌
700,000
Board
of
Regents
of
the
University
of
Texas
System
4
.794
08/15/46
702,994‌
750,000
Board
of
Regents
of
the
University
of
Texas
System
2
.439
08/15/49
502,584‌
500,000
California
Earthquake
Authority
5
.603
07/01/27
507,580‌
100,000
California
Health
Facilities
Financing
Authority
4
.190
06/01/37
96,508‌
100,000
California
Health
Facilities
Financing
Authority
4
.353
06/01/41
95,011‌
200,000
California
Institute
of
Technology
4
.321
08/01/45
187,695‌
750,000
California
Institute
of
Technology
3
.650
09/01/19
537,238‌
200,000
California
State
University
3
.899
11/01/47
178,965‌
1,000,000
California
State
University
2
.897
11/01/51
755,182‌
750,000
California
State
University
2
.975
11/01/51
558,567‌
950,000
California
State
University
2
.939
11/01/52
683,394‌
2,000,000
California
State
University
5
.183
11/01/53
2,028,230‌
720,000
Central
Puget
Sound
Regional
Transit
Authority
5
.491
11/01/39
765,869‌
1,665,000
Charlotte-Mecklenburg
Hospital
Authority
3
.204
01/15/51
1,255,648‌
2,250,000
Chicago
O'Hare
International
Airport
6
.395
01/01/40
2,571,561‌
200,000
Chicago
O'Hare
International
Airport
4
.472
01/01/49
189,471‌
200,000
Chicago
O'Hare
International
Airport
4
.572
01/01/54
191,626‌
680,000
City
of
Atlanta
GA
Water
&
Wastewater
Revenue
2
.257
11/01/35
569,427‌
690,000
City
of
Houston
TX
3
.961
03/01/47
612,568‌
140,000
City
of
Los
Angeles
Department
of
Airports
Customer
Facility
Charge
Revenue
4
.242
05/15/48
126,905‌
1,000,000
City
of
New
York
NY
4
.610
09/01/37
1,005,840‌
345,000
City
of
New
York
NY
5
.263
10/01/52
372,126‌
1,440,000
City
of
New
York
NY
5
.828
10/01/53
1,657,900‌
1,000,000
City
of
Riverside
CA
3
.857
06/01/45
894,740‌
750,000
City
of
San
Antonio
TX
Electric
&
Gas
Systems
Revenue
5
.808
02/01/41
809,574‌
875,000
City
of
Tucson
AZ
2
.856
07/01/47
650,274‌
150,000
Colorado
Bridge
Enterprise
6
.078
12/01/40
164,572‌
200,000
Commonwealth
Financing
Authority
4
.014
06/01/33
195,856‌
100,000
Commonwealth
Financing
Authority
3
.864
06/01/38
93,886‌
100,000
Commonwealth
Financing
Authority
4
.144
06/01/38
96,014‌
645,000
Commonwealth
Financing
Authority
3
.807
06/01/41
574,524‌
825,000
Commonwealth
Financing
Authority
2
.991
06/01/42
650,415‌
1,000,000
Commonwealth
of
Massachusetts
3
.769
07/15/29
994,303‌
396,010
Commonwealth
of
Massachusetts
4
.110
07/15/31
393,313‌
100,000
Commonwealth
of
Massachusetts
3
.277
06/01/46
83,888‌
750,000
Commonwealth
of
Massachusetts
2
.900
09/01/49
556,981‌
500,000
Commonwealth
of
Massachusetts
Transportation
Fund
Revenue
5
.731
06/01/40
528,204‌
130,000
County
of
Broward
FL
Airport
System
Revenue
3
.477
10/01/43
111,810‌
200,000
County
of
Clark
Department
of
Aviation
6
.820
07/01/45
238,710‌
135,000
County
of
Miami-Dade
FL
Aviation
Revenue
4
.280
10/01/41
126,846‌
510,000
County
of
Miami-Dade
Seaport
Department
6
.224
11/01/55
551,795‌
1,000,000
County
of
Riverside
CA
3
.818
02/15/38
946,958‌
1,485,000
Dallas
Area
Rapid
Transit
2
.613
12/01/48
1,072,148‌
750,000
Dallas
Area
Rapid
Transit
5
.022
12/01/48
742,144‌
250,000
Dallas
Fort
Worth
International
Airport
2
.994
11/01/38
217,481‌
235,000
Dallas
Fort
Worth
International
Airport
3
.089
11/01/40
192,558‌
100,000
Dallas
Fort
Worth
International
Airport
3
.144
11/01/45
78,978‌
255,000
Dallas
Fort
Worth
International
Airport
2
.843
11/01/46
192,891‌
210,000
Dallas
Fort
Worth
International
Airport
2
.919
11/01/50
155,958‌
235,000
Dallas
Fort
Worth
International
Airport
4
.087
11/01/51
211,234‌
445,000
Dallas
Fort
Worth
International
Airport
4
.507
11/01/51
417,085‌
350,000
Denver
City
&
County
School
District
No
4
.242
12/15/37
340,512‌
200,000
District
of
Columbia
5
.591
12/01/34
207,944‌
445,000
District
of
Columbia
Water
&
Sewer
Authority
4
.814
10/01/14
430,750‌
500,000
Duke
University
2
.682
10/01/44
380,517‌
115,000
Duke
University
3
.299
10/01/46
90,732‌
500,000
Duke
University
2
.757
10/01/50
353,121‌
143
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MUNICIPAL
BONDS
(continued)
$
500,000
Duke
University
2
.832
%
10/01/55
$
349,858‌
190,000
Empire
State
Development
Corp
3
.900
03/15/33
189,564‌
810,000
Empire
State
Development
Corp
3
.900
03/15/33
787,473‌
360,000
Foothill-Eastern
Transportation
Corridor
Agency
4
.094
01/15/49
313,244‌
300,000
Foothill-Eastern
Transportation
Corridor
Agency
3
.924
01/15/53
252,635‌
300,000
George
Washington
University
4
.300
09/15/44
275,299‌
200,000
George
Washington
University
4
.868
09/15/45
198,476‌
375,000
George
Washington
University
4
.126
09/15/48
336,267‌
1,000,000
Golden
State
Tobacco
Securitization
Corp
3
.487
06/01/36
859,298‌
1,500,000
Golden
State
Tobacco
Securitization
Corp
3
.115
06/01/38
1,272,634‌
430,000
Golden
State
Tobacco
Securitization
Corp
3
.714
06/01/41
342,845‌
570,000
Golden
State
Tobacco
Securitization
Corp
3
.850
06/01/50
534,699‌
1,000,000
Golden
State
Tobacco
Securitization
Corp
4
.214
06/01/50
779,632‌
970,000
Grand
Parkway
Transportation
Corp
3
.236
10/01/52
748,052‌
200,000
Health
&
Educational
Facilities
Authority
of
the
State
of
Missouri
3
.651
01/15/46
172,036‌
200,000
Health
&
Educational
Facilities
Authority
of
the
State
of
Missouri
3
.086
09/15/51
149,211‌
200,000
Health
&
Educational
Facilities
Authority
of
the
State
of
Missouri
3
.652
08/15/57
162,347‌
1,500,000
Idaho
Energy
Resources
Authority
2
.861
09/01/46
1,134,597‌
500,000
Illinois
State
Toll
Highway
Authority
6
.184
01/01/34
547,668‌
385,000
Indiana
Finance
Authority
3
.051
01/01/51
299,339‌
770,000
JobsOhio
Beverage
System
2
.833
01/01/38
663,017‌
1,500,000
Kansas
Development
Finance
Authority
2
.774
05/01/51
1,100,373‌
240,000
Los
Angeles
Community
College
District
6
.750
08/01/49
288,536‌
1,500,000
Los
Angeles
Department
of
Water
&
Power
6
.574
07/01/45
1,754,915‌
859,195
Louisiana
Local
Government
Environmental
Facilities
&
Community
Development
Auth
5
.081
06/01/31
875,705‌
1,000,000
Louisiana
Local
Government
Environmental
Facilities
&
Community
Development
Auth
4
.145
02/01/33
997,163‌
1,000,000
Louisiana
Local
Government
Environmental
Facilities
&
Community
Development
Auth
5
.048
12/01/34
1,036,623‌
1,000,000
Louisiana
Local
Government
Environmental
Facilities
&
Community
Development
Auth
4
.275
02/01/36
985,387‌
830,000
Louisiana
Local
Government
Environmental
Facilities
&
Community
Development
Auth
4
.475
08/01/39
819,434‌
1,000,000
Louisiana
Local
Government
Environmental
Facilities
&
Community
Development
Auth
5
.198
12/01/39
1,047,580‌
765,000
Maryland
Economic
Development
Corp
5
.433
05/31/56
796,691‌
940,000
Maryland
Economic
Development
Corp
5
.942
05/31/57
979,181‌
1,000,000
Maryland
Health
&
Higher
Educational
Facilities
Authority
3
.052
07/01/40
791,473‌
1,000,000
Maryland
Health
&
Higher
Educational
Facilities
Authority
3
.197
07/01/50
738,299‌
1,000,000
Massachusetts
School
Building
Authority
1
.753
08/15/30
900,416‌
100,000
Massachusetts
School
Building
Authority
5
.715
08/15/39
107,243‌
500,000
Massachusetts
School
Building
Authority
3
.395
10/15/40
431,453‌
200,000
Metropolitan
Government
Nashville
&
Davidson
County
Health
&
Educational
Facs
Bd
4
.053
07/01/26
199,555‌
100,000
Metropolitan
Government
of
Nashville
&
Davidson
County
Convention
Center
Auth
6
.731
07/01/43
112,005‌
940,000
Metropolitan
Transportation
Authority
6
.648
11/15/39
1,046,820‌
1,010,000
Metropolitan
Transportation
Authority
7
.336
11/15/39
1,229,685‌
25,000
Metropolitan
Transportation
Authority
5
.175
11/15/49
23,276‌
460,000
Metropolitan
Water
Reclamation
District
of
Greater
Chicago
5
.720
12/01/38
493,197‌
350,000
Michigan
Finance
Authority
3
.384
12/01/40
296,535‌
235,000
Michigan
State
University
4
.496
08/15/48
226,227‌
1,000,000
Michigan
State
University
4
.165
08/15/22
823,518‌
770,000
Michigan
Strategic
Fund
3
.225
09/01/47
620,876‌
500,000
Missouri
Highway
&
Transportation
Commission
5
.445
05/01/33
519,436‌
235,000
Municipal
Electric
Authority
of
Georgia
6
.637
04/01/57
268,661‌
468,000
Municipal
Electric
Authority
of
Georgia
6
.655
04/01/57
536,108‌
947,000
New
Jersey
Economic
Development
Authority
7
.425
02/15/29
1,023,034‌
800,000
New
Jersey
Transportation
Trust
Fund
Authority
5
.754
12/15/28
819,351‌
1,335,000
New
Jersey
Turnpike
Authority
7
.414
01/01/40
1,625,999‌
1,000,000
New
Jersey
Turnpike
Authority
7
.102
01/01/41
1,188,803‌
2,385,000
New
York
City
Municipal
Water
Finance
Authority
5
.440
06/15/43
2,438,550‌
2,000,000
(e)
New
York
City
Transitional
Finance
Authority
4
.375
05/01/37
1,967,605‌
130,000
New
York
State
Dormitory
Authority
5
.628
03/15/39
135,759‌
545,000
New
York
State
Dormitory
Authority
5
.600
03/15/40
571,815‌
200,000
New
York
State
Dormitory
Authority
4
.946
08/01/48
190,888‌
2,000,000
North
Texas
Tollway
Authority
3
.011
01/01/43
1,614,118‌
1,000,000
North
Texas
Tollway
Authority
6
.718
01/01/49
1,187,448‌
605,000
Ohio
Turnpike
&
Infrastructure
Commission
3
.216
02/15/48
481,654‌
Bond
Index
144
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MUNICIPAL
BONDS
(continued)
$
628,106
Oklahoma
Development
Finance
Authority
3
.877
%
05/01/37
$
615,910‌
500,000
Oklahoma
Development
Finance
Authority
4
.623
06/01/44
501,342‌
750,000
Oklahoma
Development
Finance
Authority
4
.380
11/01/45
719,870‌
250,000
Oklahoma
Development
Finance
Authority
4
.714
05/01/52
245,015‌
415,324
Oregon
School
Boards
Association
4
.759
06/30/28
419,033‌
250,000
Oregon
School
Boards
Association
5
.680
06/30/28
256,937‌
1,000,000
Oregon
State
University
3
.424
03/01/60
769,718‌
500,000
Pennsylvania
State
University
2
.790
09/01/43
395,368‌
205,000
Pennsylvania
State
University
2
.840
09/01/50
146,774‌
300,000
Permanent
University
Fund-Texas
A&M
University
System
3
.660
07/01/47
260,559‌
200,000
Permanent
University
Fund-University
of
Texas
System
3
.376
07/01/47
165,843‌
1,215,000
Port
Authority
of
New
York
&
New
Jersey
6
.040
12/01/29
1,332,303‌
500,000
Port
Authority
of
New
York
&
New
Jersey
5
.647
11/01/40
538,225‌
300,000
Port
Authority
of
New
York
&
New
Jersey
4
.823
06/01/45
290,522‌
1,000,000
Port
Authority
of
New
York
&
New
Jersey
5
.310
08/01/46
1,000,012‌
200,000
Port
Authority
of
New
York
&
New
Jersey
4
.031
09/01/48
176,815‌
900,000
Port
Authority
of
New
York
&
New
Jersey
3
.139
02/15/51
702,094‌
400,000
Port
Authority
of
New
York
&
New
Jersey
4
.229
10/15/57
359,569‌
1,600,000
Port
Authority
of
New
York
&
New
Jersey
3
.175
07/15/60
1,144,519‌
2,200,000
Port
Authority
of
New
York
&
New
Jersey
4
.810
10/15/65
2,163,766‌
250,000
Port
Authority
of
New
York
&
New
Jersey
3
.287
08/01/69
177,483‌
1,000,000
Port
of
Morrow
OR
2
.543
09/01/40
775,348‌
1,000,000
Regents
of
the
University
of
California
Medical
Center
Pooled
Revenue
4
.132
05/15/32
986,788‌
750,000
Regents
of
the
University
of
California
Medical
Center
Pooled
Revenue
3
.006
05/15/50
541,858‌
1,500,000
Regents
of
the
University
of
California
Medical
Center
Pooled
Revenue
4
.563
05/15/53
1,421,320‌
750,000
Regents
of
the
University
of
California
Medical
Center
Pooled
Revenue
3
.256
05/15/60
541,671‌
750,000
Regents
of
the
University
of
California
Medical
Center
Pooled
Revenue
3
.706
05/15/20
530,397‌
500,000
Rutgers
The
State
University
of
New
Jersey
3
.270
05/01/43
423,589‌
500,000
Rutgers
The
State
University
of
New
Jersey
3
.915
05/01/19
379,181‌
185,000
Sales
Tax
Securitization
Corp
4
.637
01/01/40
182,711‌
1,125,000
Sales
Tax
Securitization
Corp
3
.238
01/01/42
940,672‌
200,000
Sales
Tax
Securitization
Corp
3
.587
01/01/43
174,970‌
1,000,000
Sales
Tax
Securitization
Corp
3
.820
01/01/48
849,401‌
200,000
Sales
Tax
Securitization
Corp
4
.787
01/01/48
194,708‌
100,000
Salt
River
Project
Agricultural
Improvement
&
Power
District
4
.839
01/01/41
97,970‌
500,000
San
Diego
County
Water
Authority
6
.138
05/01/49
548,663‌
920,000
San
Francisco
City
&
County
Public
Utilities
Commission
Wastewater
Revenue
4
.655
10/01/27
938,386‌
1,000,000
San
Joaquin
Hills
Transportation
Corridor
Agency
3
.492
01/15/50
801,364‌
100,000
San
Jose
Redevelopment
Agency
Successor
Agency
3
.375
08/01/34
93,900‌
750,000
State
Board
of
Administration
Finance
Corp
1
.258
07/01/25
732,195‌
750,000
State
Board
of
Administration
Finance
Corp
1
.705
07/01/27
701,846‌
400,000
State
Board
of
Administration
Finance
Corp
2
.154
07/01/30
355,593‌
2,000,000
State
Board
of
Administration
Finance
Corp
5
.526
07/01/34
2,111,181‌
200,000
State
of
California
3
.375
04/01/25
199,104‌
200,000
State
of
California
3
.500
04/01/28
198,483‌
1,000,000
State
of
California
5
.750
10/01/31
1,105,175‌
1,000,000
State
of
California
6
.000
03/01/33
1,119,377‌
300,000
State
of
California
4
.500
04/01/33
302,579‌
250,000
State
of
California
7
.500
04/01/34
299,990‌
1,000,000
State
of
California
5
.125
03/01/38
1,027,160‌
225,000
State
of
California
4
.600
04/01/38
221,239‌
1,285,000
State
of
California
7
.550
04/01/39
1,617,120‌
3,400,000
State
of
California
7
.300
10/01/39
4,097,954‌
2,740,000
State
of
California
7
.625
03/01/40
3,432,018‌
1,500,000
State
of
California
7
.600
11/01/40
1,912,630‌
595,000
State
of
California
5
.200
03/01/43
607,434‌
620,000
State
of
Connecticut
5
.850
03/15/32
672,080‌
5,600,000
State
of
Illinois
5
.100
06/01/33
5,691,523‌
1,095,769
State
of
Illinois
6
.725
04/01/35
1,176,913‌
2,000,000
State
of
Louisiana
Gasoline
&
Fuels
Tax
Revenue
2
.952
05/01/41
1,613,359‌
66,976
State
of
Oregon
5
.892
06/01/27
68,845‌
600,000
State
of
Texas
4
.631
04/01/33
598,452‌
145
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MUNICIPAL
BONDS
(continued)
$
50,000
State
of
Texas
5
.517
%
04/01/39
$
53,737‌
1,000,000
State
of
Texas
4
.681
04/01/40
987,711‌
98,408
State
of
Utah
3
.539
07/01/25
97,792‌
200,000
State
of
Wisconsin
3
.154
05/01/27
196,583‌
200,000
State
of
Wisconsin
3
.954
05/01/36
193,321‌
604,000
State
Public
School
Building
Authority
5
.000
09/15/27
617,594‌
100,000
Sumter
Landing
Community
Development
District
4
.172
10/01/47
92,482‌
970,040
Texas
Natural
Gas
Securitization
Finance
Corp
5
.102
04/01/35
1,003,927‌
2,285,000
Texas
Natural
Gas
Securitization
Finance
Corp
5
.169
04/01/41
2,409,582‌
430,000
Texas
Private
Activity
Bond
Surface
Transportation
Corp
3
.922
12/31/49
370,150‌
1,000,000
Texas
Transportation
Commission
2
.472
10/01/44
735,318‌
300,000
Texas
Transportation
Commission
State
Highway
Fund
5
.028
04/01/26
301,360‌
1,190,000
Texas
Transportation
Commission
State
Highway
Fund
5
.178
04/01/30
1,223,905‌
100,000
The
Ohio
State
University
4
.910
06/01/40
98,793‌
220,000
Trustees
of
Princeton
University
5
.700
03/01/39
249,804‌
1,000,000
Trustees
of
the
University
of
Pennsylvania
2
.396
10/01/50
639,929‌
100,000
Trustees
of
the
University
of
Pennsylvania
4
.674
09/01/12
93,726‌
500,000
Trustees
of
the
University
of
Pennsylvania
3
.610
02/15/19
359,449‌
1,000,000
University
of
California
0
.883
05/15/25
979,111‌
200,000
University
of
California
3
.063
07/01/25
198,373‌
1,000,000
University
of
California
1
.316
05/15/27
936,519‌
500,000
University
of
California
3
.349
07/01/29
490,529‌
1,000,000
University
of
California
1
.614
05/15/30
881,018‌
200,000
University
of
California
3
.931
05/15/45
188,271‌
200,000
University
of
California
4
.131
05/15/45
188,781‌
1,500,000
University
of
California
3
.071
05/15/51
1,092,396‌
860,000
University
of
California
4
.858
05/15/12
806,257‌
200,000
University
of
California
4
.767
05/15/15
184,359‌
500,000
University
of
Chicago
2
.761
04/01/45
398,202‌
300,000
University
of
Chicago
4
.003
10/01/53
263,894‌
750,000
University
of
Michigan
2
.437
04/01/40
582,845‌
1,000,000
University
of
Michigan
3
.599
04/01/47
878,620‌
500,000
University
of
Michigan
2
.562
04/01/50
341,319‌
750,000
University
of
Michigan
3
.504
04/01/52
611,090‌
500,000
University
of
Michigan
3
.504
04/01/52
407,393‌
750,000
University
of
Michigan
4
.454
04/01/22
661,459‌
1,500,000
University
of
Minnesota
4
.048
04/01/52
1,339,890‌
500,000
University
of
Nebraska
Facilities
Corp
3
.037
10/01/49
386,900‌
300,000
University
of
Southern
California
3
.028
10/01/39
255,695‌
200,000
University
of
Southern
California
3
.841
10/01/47
173,833‌
500,000
University
of
Southern
California
2
.805
10/01/50
354,138‌
200,000
University
of
Southern
California
5
.250
10/01/11
208,577‌
1,000,000
University
of
Virginia
2
.256
09/01/50
625,715‌
1,600,000
University
of
Virginia
2
.584
11/01/51
1,067,426‌
500,000
University
of
Virginia
3
.227
09/01/19
325,935‌
TOTAL
MUNICIPAL
BONDS
157,237,029‌
U.S.
TREASURY
SECURITIES
-
42.6%
179,483,000
United
States
Treasury
Bond
3
.500
02/15/39
171,315,122‌
2,000,000
United
States
Treasury
Bond
4
.500
08/15/39
2,121,406‌
44,850,000
United
States
Treasury
Bond
4
.375
11/15/39
46,915,553‌
17,585,000
United
States
Treasury
Bond
3
.875
08/15/40
17,328,094‌
11,185,000
United
States
Treasury
Bond
4
.250
11/15/40
11,516,181‌
26,350,000
United
States
Treasury
Bond
4
.375
05/15/41
27,494,578‌
10,000,000
United
States
Treasury
Bond
3
.750
08/15/41
9,641,016‌
48,300,000
United
States
Treasury
Bond
3
.125
11/15/41
42,681,352‌
18,550,000
United
States
Treasury
Bond
3
.125
02/15/42
16,331,246‌
22,000,000
United
States
Treasury
Bond
3
.000
05/15/42
18,913,125‌
20,000,000
United
States
Treasury
Bond
2
.750
08/15/42
16,479,688‌
10,250,000
United
States
Treasury
Bond
2
.875
05/15/43
8,509,902‌
16,000,000
United
States
Treasury
Bond
2
.500
02/15/45
12,228,750‌
22,000,000
United
States
Treasury
Bond
3
.000
05/15/45
18,290,078‌
16,000,000
United
States
Treasury
Bond
2
.875
08/15/45
13,004,375‌
Bond
Index
146
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
U.S.
TREASURY
SECURITIES
(continued)
$
27,000,000
United
States
Treasury
Bond
2
.500
%
05/15/46
$
20,350,195‌
13,300,000
United
States
Treasury
Bond
2
.875
11/15/46
10,693,512‌
28,000,000
United
States
Treasury
Bond
3
.000
02/15/47
22,944,687‌
30,000,000
United
States
Treasury
Bond
2
.750
08/15/47
23,412,891‌
45,000,000
United
States
Treasury
Bond
2
.750
11/15/47
35,036,719‌
38,500,000
United
States
Treasury
Bond
3
.000
02/15/48
31,312,832‌
48,500,000
United
States
Treasury
Bond
3
.125
05/15/48
40,281,524‌
35,500,000
United
States
Treasury
Bond
3
.000
08/15/48
28,789,668‌
35,000,000
United
States
Treasury
Bond
3
.375
11/15/48
30,332,422‌
82,500,000
United
States
Treasury
Bond
3
.000
02/15/49
66,789,551‌
10,500,000
United
States
Treasury
Bond
2
.875
05/15/49
8,288,848‌
7,500,000
United
States
Treasury
Bond
2
.250
08/15/49
5,195,801‌
8,615,000
United
States
Treasury
Bond
2
.375
11/15/49
6,123,380‌
100,000,000
United
States
Treasury
Note
0
.250
06/30/25
97,162,500‌
98,500,000
United
States
Treasury
Note
0
.250
07/31/25
95,447,269‌
54,000,000
United
States
Treasury
Note
0
.250
08/31/25
52,170,750‌
20,000,000
United
States
Treasury
Note
2
.750
08/31/25
19,766,719‌
50,000,000
United
States
Treasury
Note
0
.250
09/30/25
48,195,312‌
30,000,000
United
States
Treasury
Note
3
.000
09/30/25
29,712,656‌
97,000,000
United
States
Treasury
Note
0
.250
10/31/25
93,245,039‌
30,000,000
United
States
Treasury
Note
2
.250
11/15/25
29,464,453‌
265,000,000
United
States
Treasury
Note
0
.375
11/30/25
254,534,570‌
25,000,000
United
States
Treasury
Note
4
.875
11/30/25
25,273,437‌
50,000,000
United
States
Treasury
Note
0
.375
12/31/25
47,904,297‌
126,000,000
United
States
Treasury
Note
0
.375
01/31/26
120,413,672‌
25,000,000
United
States
Treasury
Note
4
.250
01/31/26
25,134,765‌
137,000,000
United
States
Treasury
Note
0
.500
02/28/26
130,856,406‌
27,000,000
United
States
Treasury
Note
4
.625
02/28/26
27,300,586‌
30,000,000
United
States
Treasury
Note
4
.625
03/15/26
30,360,937‌
90,000,000
United
States
Treasury
Note
0
.750
03/31/26
86,073,047‌
50,000,000
United
States
Treasury
Note
2
.250
03/31/26
48,904,297‌
43,000,000
United
States
Treasury
Note
4
.500
03/31/26
43,453,516‌
120,000,000
United
States
Treasury
Note
0
.750
04/30/26
114,525,000‌
30,000,000
United
States
Treasury
Note
1
.625
05/15/26
29,014,453‌
165,000,000
United
States
Treasury
Note
0
.750
05/31/26
157,156,055‌
10,000,000
United
States
Treasury
Note
4
.875
05/31/26
10,183,594‌
10,000,000
United
States
Treasury
Note
4
.125
06/15/26
10,067,578‌
135,000,000
United
States
Treasury
Note
0
.875
06/30/26
128,613,867‌
27,500,000
United
States
Treasury
Note
4
.625
06/30/26
27,923,242‌
25,000,000
United
States
Treasury
Note
4
.500
07/15/26
25,345,703‌
85,000,000
United
States
Treasury
Note
0
.625
07/31/26
80,434,570‌
115,000,000
United
States
Treasury
Note
0
.750
08/31/26
108,850,196‌
31,500,000
United
States
Treasury
Note
4
.625
09/15/26
32,064,785‌
60,000,000
United
States
Treasury
Note
0
.875
09/30/26
56,835,937‌
71,000,000
United
States
Treasury
Note
1
.625
09/30/26
68,273,711‌
170,000,000
United
States
Treasury
Note
1
.125
10/31/26
161,466,797‌
10,000,000
United
States
Treasury
Note
1
.625
10/31/26
9,598,438‌
30,000,000
United
States
Treasury
Note
4
.625
11/15/26
30,598,828‌
115,000,000
United
States
Treasury
Note
1
.250
11/30/26
109,357,812‌
30,000,000
United
States
Treasury
Note
4
.375
12/15/26
30,475,781‌
81,000,000
United
States
Treasury
Note
1
.250
12/31/26
76,915,195‌
89,500,000
United
States
Treasury
Note
1
.750
12/31/26
85,944,473‌
72,000,000
United
States
Treasury
Note
1
.500
01/31/27
68,622,188‌
30,000,000
United
States
Treasury
Note
4
.125
02/15/27
30,346,875‌
87,000,000
United
States
Treasury
Note
1
.875
02/28/27
83,550,586‌
45,000,000
United
States
Treasury
Note
4
.250
03/15/27
45,694,336‌
97,000,000
United
States
Treasury
Note
2
.500
03/31/27
94,506,797‌
50,000,000
United
States
Treasury
Note
4
.500
04/15/27
51,087,890‌
11,000,000
United
States
Treasury
Note
2
.750
04/30/27
10,773,555‌
30,000,000
United
States
Treasury
Note
4
.500
05/15/27
30,678,516‌
40,000,000
United
States
Treasury
Note
2
.625
05/31/27
39,025,000‌
47,600,000
United
States
Treasury
Note
4
.625
06/15/27
48,884,828‌
147
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
U.S.
TREASURY
SECURITIES
(continued)
$
5,000,000
United
States
Treasury
Note
0
.500
%
06/30/27
$
4,600,000‌
96,000,000
United
States
Treasury
Note
3
.250
06/30/27
95,190,000‌
111,000,000
United
States
Treasury
Note
2
.750
07/31/27
108,524,179‌
46,000,000
United
States
Treasury
Note
2
.250
08/15/27
44,341,484‌
120,000,000
United
States
Treasury
Note
3
.750
08/15/27
120,571,874‌
48,000,000
United
States
Treasury
Note
3
.125
08/31/27
47,405,625‌
20,000,000
United
States
Treasury
Note
3
.375
09/15/27
19,898,438‌
58,000,000
United
States
Treasury
Note
4
.125
09/30/27
58,931,172‌
163,000,000
United
States
Treasury
Note
4
.125
10/31/27
165,578,711‌
75,000,000
United
States
Treasury
Note
0
.625
11/30/27
68,422,852‌
128,500,000
United
States
Treasury
Note
3
.875
11/30/27
129,624,375‌
37,000,000
United
States
Treasury
Note
3
.875
12/31/27
37,352,656‌
54,000,000
United
States
Treasury
Note
3
.500
01/31/28
53,877,657‌
48,800,000
United
States
Treasury
Note
2
.750
02/15/28
47,519,000‌
86,000,000
United
States
Treasury
Note
4
.000
02/29/28
87,169,062‌
14,500,000
United
States
Treasury
Note
3
.625
03/31/28
14,529,453‌
14,000,000
United
States
Treasury
Note
3
.500
04/30/28
13,965,547‌
66,000,000
United
States
Treasury
Note
2
.875
05/15/28
64,424,765‌
116,000,000
United
States
Treasury
Note
3
.625
05/31/28
116,181,250‌
20,000,000
United
States
Treasury
Note
1
.250
06/30/28
18,376,562‌
141,500,000
United
States
Treasury
Note
4
.000
06/30/28
143,616,973‌
81,000,000
United
States
Treasury
Note
4
.125
07/31/28
82,572,539‌
50,000,000
United
States
Treasury
Note
1
.125
08/31/28
45,548,828‌
40,000,000
United
States
Treasury
Note
4
.375
08/31/28
41,154,688‌
24,000,000
United
States
Treasury
Note
4
.625
09/30/28
24,931,875‌
10,000,000
United
States
Treasury
Note
1
.375
10/31/28
9,167,578‌
98,000,000
United
States
Treasury
Note
4
.875
10/31/28
102,785,156‌
85,000,000
United
States
Treasury
Note
3
.125
11/15/28
83,519,140‌
70,000,000
United
States
Treasury
Note
1
.500
11/30/28
64,397,266‌
47,500,000
United
States
Treasury
Note
4
.375
11/30/28
48,954,687‌
75,000,000
United
States
Treasury
Note
3
.750
12/31/28
75,503,906‌
50,000,000
United
States
Treasury
Note
1
.750
01/31/29
46,351,562‌
84,500,000
United
States
Treasury
Note
4
.000
01/31/29
85,925,937‌
50,000,000
United
States
Treasury
Note
2
.625
02/15/29
48,076,172‌
112,500,000
United
States
Treasury
Note
4
.250
02/28/29
115,624,512‌
50,000,000
United
States
Treasury
Note
2
.375
03/31/29
47,505,859‌
81,000,000
United
States
Treasury
Note
4
.125
03/31/29
82,838,320‌
30,000,000
United
States
Treasury
Note
2
.875
04/30/29
29,110,547‌
135,000,000
United
States
Treasury
Note
4
.625
04/30/29
140,969,531‌
92,000,000
United
States
Treasury
Note
2
.375
05/15/29
87,313,750‌
50,000,000
United
States
Treasury
Note
2
.750
05/31/29
48,216,797‌
162,000,000
United
States
Treasury
Note
4
.500
05/31/29
168,480,000‌
107,500,000
United
States
Treasury
Note
4
.250
06/30/29
110,641,016‌
136,500,000
United
States
Treasury
Note
4
.000
07/31/29
139,091,368‌
22,000,000
United
States
Treasury
Note
1
.625
08/15/29
20,122,266‌
87,000,000
United
States
Treasury
Note
3
.625
08/31/29
87,258,281‌
90,000,000
United
States
Treasury
Note
3
.500
09/30/29
89,732,813‌
44,000,000
United
States
Treasury
Note
4
.000
10/31/29
44,814,687‌
50,000,000
United
States
Treasury
Note
3
.875
11/30/29
50,654,297‌
80,000,000
United
States
Treasury
Note
3
.500
01/31/30
79,600,000‌
117,000,000
United
States
Treasury
Note
1
.500
02/15/30
105,057,774‌
50,000,000
United
States
Treasury
Note
4
.000
02/28/30
50,958,984‌
50,000,000
United
States
Treasury
Note
3
.625
03/31/30
50,033,203‌
42,000,000
United
States
Treasury
Note
3
.500
04/30/30
41,765,391‌
50,000,000
United
States
Treasury
Note
0
.625
05/15/30
42,460,938‌
49,000,000
United
States
Treasury
Note
3
.750
05/31/30
49,323,476‌
75,000,000
United
States
Treasury
Note
3
.750
06/30/30
75,492,187‌
71,000,000
United
States
Treasury
Note
4
.000
07/31/30
72,389,492‌
37,000,000
United
States
Treasury
Note
0
.625
08/15/30
31,181,172‌
32,750,000
United
States
Treasury
Note
4
.125
08/31/30
33,607,129‌
20,000,000
United
States
Treasury
Note
4
.625
09/30/30
21,063,281‌
60,000,000
United
States
Treasury
Note
4
.875
10/31/30
64,040,625‌
Bond
Index
148
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
U.S.
TREASURY
SECURITIES
(continued)
$
64,000,000
United
States
Treasury
Note
0
.875
%
11/15/30
$
54,470,000‌
30,000,000
United
States
Treasury
Note
4
.000
01/31/31
30,591,797‌
30,000,000
United
States
Treasury
Note
1
.125
02/15/31
25,797,656‌
50,000,000
United
States
Treasury
Note
4
.250
02/28/31
51,708,984‌
35,000,000
United
States
Treasury
Note
4
.125
03/31/31
35,951,562‌
121,000,000
United
States
Treasury
Note
1
.625
05/15/31
106,673,789‌
8,000,000
United
States
Treasury
Note
4
.625
05/31/31
8,453,750‌
25,000,000
United
States
Treasury
Note
4
.250
06/30/31
25,880,860‌
56,000,000
United
States
Treasury
Note
4
.125
07/31/31
57,566,250‌
39,000,000
United
States
Treasury
Note
1
.250
08/15/31
33,306,914‌
9,000,000
United
States
Treasury
Note
3
.750
08/31/31
9,047,813‌
60,000,000
United
States
Treasury
Note
3
.625
09/30/31
59,887,500‌
18,200,000
United
States
Treasury
Note
1
.375
11/15/31
15,585,883‌
48,500,000
United
States
Treasury
Note
1
.875
02/15/32
42,831,562‌
41,000,000
United
States
Treasury
Note
2
.875
05/15/32
38,754,610‌
60,500,000
United
States
Treasury
Note
2
.750
08/15/32
56,534,414‌
18,000,000
United
States
Treasury
Note
4
.125
11/15/32
18,515,391‌
4,000,000
United
States
Treasury
Note
3
.500
02/15/33
3,930,312‌
93,250,000
United
States
Treasury
Note
3
.375
05/15/33
90,660,127‌
66,510,000
United
States
Treasury
Note
3
.875
08/15/33
67,045,198‌
54,000,000
United
States
Treasury
Note
4
.500
11/15/33
57,026,953‌
88,000,000
United
States
Treasury
Note
4
.000
02/15/34
89,512,500‌
114,000,000
United
States
Treasury
Note
4
.375
05/15/34
119,397,188‌
131,000,000
United
States
Treasury
Note
3
.875
08/15/34
131,921,094‌
21,250,000
United
States
Treasury
Note
4
.500
02/15/36
22,770,703‌
22,400,000
United
States
Treasury
Note
5
.000
05/15/37
25,020,625‌
57,000,000
United
States
Treasury
Note
1
.125
05/15/40
37,655,625‌
32,500,000
United
States
Treasury
Note
1
.125
08/15/40
21,286,231‌
127,500,000
United
States
Treasury
Note
1
.375
11/15/40
86,520,703‌
76,500,000
United
States
Treasury
Note
1
.875
02/15/41
56,096,016‌
76,000,000
United
States
Treasury
Note
2
.250
05/15/41
58,902,969‌
70,000,000
United
States
Treasury
Note
1
.750
08/15/41
49,631,641‌
21,150,000
United
States
Treasury
Note
2
.000
11/15/41
15,550,207‌
13,500,000
United
States
Treasury
Note
2
.375
02/15/42
10,514,180‌
5,500,000
United
States
Treasury
Note
3
.250
05/15/42
4,889,844‌
70,000,000
United
States
Treasury
Note
3
.375
08/15/42
63,172,266‌
62,300,000
United
States
Treasury
Note
4
.000
11/15/42
61,307,094‌
40,300,000
United
States
Treasury
Note
3
.875
02/15/43
38,876,906‌
73,500,000
United
States
Treasury
Note
3
.875
05/15/43
70,766,719‌
20,500,000
United
States
Treasury
Note
4
.375
08/15/43
21,078,965‌
117,800,000
United
States
Treasury
Note
4
.750
11/15/43
127,072,149‌
91,000,000
United
States
Treasury
Note
4
.500
02/15/44
94,952,812‌
71,000,000
United
States
Treasury
Note
4
.625
05/15/44
75,248,906‌
104,000,000
(a)
United
States
Treasury
Note
4
.125
08/15/44
103,187,500‌
35,850,000
United
States
Treasury
Note
1
.250
05/15/50
19,185,352‌
28,000,000
United
States
Treasury
Note
1
.375
08/15/50
15,422,969‌
68,500,000
United
States
Treasury
Note
1
.625
11/15/50
40,291,914‌
50,000,000
United
States
Treasury
Note
1
.875
02/15/51
31,328,125‌
52,500,000
United
States
Treasury
Note
2
.375
05/15/51
37,039,160‌
44,575,000
United
States
Treasury
Note
2
.000
08/15/51
28,712,568‌
47,500,000
United
States
Treasury
Note
1
.875
11/15/51
29,591,016‌
45,000,000
United
States
Treasury
Note
2
.250
02/15/52
30,686,133‌
29,000,000
United
States
Treasury
Note
2
.875
05/15/52
22,711,758‌
30,000,000
United
States
Treasury
Note
3
.000
08/15/52
24,108,984‌
55,250,000
United
States
Treasury
Note
4
.000
11/15/52
53,760,840‌
34,600,000
United
States
Treasury
Note
3
.625
02/15/53
31,461,672‌
94,000,000
United
States
Treasury
Note
3
.625
05/15/53
85,543,672‌
56,000,000
United
States
Treasury
Note
4
.125
08/15/53
55,765,937‌
55,000,000
United
States
Treasury
Note
4
.750
11/15/53
60,751,367‌
83,000,000
United
States
Treasury
Note
4
.250
02/15/54
84,582,187‌
62,250,000
United
States
Treasury
Note
4
.625
05/15/54
67,521,797‌
149
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
U.S.
TREASURY
SECURITIES
(continued)
$
71,500,000
United
States
Treasury
Note
4
.375
%
08/15/54
$
73,008,203‌
TOTAL
U.S.
TREASURY
SECURITIES
11,189,879,797‌
TOTAL
GOVERNMENT
BONDS
(Cost
$20,066,337,345)
18,889,856,627‌
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
STRUCTURED
ASSETS
-
2.1%
ASSET
BACKED
-
0.5%
475,000
Ally
Auto
Receivables
Trust
4
.940
10/15/29
485,191‌
Series
-
2024
1
(Class
A4)
119,463
American
Airlines
Pass
Through
Trust
3
.600
09/22/27
115,593‌
Series
-
2015
2
(Class
AA)
123,882
American
Airlines
Pass
Through
Trust
3
.575
01/15/28
119,445‌
Series
-
2016
1
(Class
AA)
374,900
American
Airlines
Pass
Through
Trust
3
.200
06/15/28
355,108‌
Series
-
2016
2
(Class
AA)
534,253
American
Airlines
Pass
Through
Trust
3
.000
10/15/28
502,750‌
Series
-
2016
3
(Class
AA)
191,625
American
Airlines
Pass
Through
Trust
3
.650
02/15/29
182,849‌
Series
-
2017
1
(Class
AA)
566,891
American
Airlines
Pass
Through
Trust
3
.150
02/15/32
527,349‌
Series
-
2020
A
(Class
AA)
1,600,000
American
Express
Credit
Account
Master
Trust
0
.900
11/15/26
1,591,983‌
Series
-
2021
1
(Class
A)
3,000,000
American
Express
Credit
Account
Master
Trust
3
.750
08/15/27
2,983,964‌
Series
-
2022
3
(Class
A)
1,500,000
American
Express
Credit
Account
Master
Trust
4
.870
05/15/28
1,517,922‌
Series
-
2023
1
(Class
A)
950,000
American
Express
Credit
Account
Master
Trust
5
.230
09/15/28
971,850‌
Series
-
2023
3
(Class
A)
950,000
American
Express
Credit
Account
Master
Trust
4
.650
07/15/29
968,190‌
Series
-
2024
3
(Class
A)
1,000,000
American
Express
Credit
Account
Master
Trust
4
.800
05/15/30
1,027,127‌
Series
-
2023
2
(Class
A)
500,000
American
Express
Credit
Account
Master
Trust
5
.150
09/15/30
520,502‌
Series
-
2023
4
(Class
A)
284,717
AmeriCredit
Automobile
Receivables
Trust
1
.060
08/18/26
281,794‌
Series
-
2020
3
(Class
C)
772,531
AmeriCredit
Automobile
Receivables
Trust
0
.890
10/19/26
761,224‌
Series
-
2021
1
(Class
C)
231,637
AmeriCredit
Automobile
Receivables
Trust
0
.690
01/19/27
229,765‌
Series
-
2021
2
(Class
B)
500,000
AmeriCredit
Automobile
Receivables
Trust
1
.010
01/19/27
484,936‌
Series
-
2021
2
(Class
C)
1,000,000
AmeriCredit
Automobile
Receivables
Trust
5
.810
05/18/28
1,018,905‌
Series
-
2023
2
(Class
A3)
1,000,000
BA
Credit
Card
Trust
4
.980
11/15/28
1,020,150‌
Series
-
2023
A2
(Class
A2)
500,000
BANK5
Trust
6
.225
05/15/57
532,754‌
Series
-
2024
5YR6
(Class
A3)
1,000,000
BMW
Vehicle
Lease
Trust
5
.980
02/25/27
1,021,121‌
Series
-
2023
2
(Class
A4)
1,000,000
BMW
Vehicle
Owner
Trust
5
.250
11/26/29
1,026,358‌
Series
-
2023
A
(Class
A4)
455,000
BMW
Vehicle
Owner
Trust
5
.040
04/25/31
467,862‌
Series
-
2024
A
(Class
A4)
10,000,000
Cantor
Commercial
Real
Estate
Lending
3
.523
05/15/52
9,509,667‌
Series
-
2019
CF1
(Class
A4)
5,024,199
Cantor
Commercial
Real
Estate
Lending
3
.623
05/15/52
4,930,247‌
Series
-
2019
CF1
(Class
A2)
2,000,000
Capital
One
MExecution
Trust
1
.040
11/15/26
1,990,601‌
Series
-
2021
A3
(Class
A3)
Bond
Index
150
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
ASSET
BACKED
(continued)
$
3,000,000
Capital
One
MExecution
Trust
3
.920
%
09/17/29
$
2,996,817‌
Series
-
2024
A1
(Class
A)
2,500,000
Capital
One
Multi-Asset
Execution
Trust
2
.060
08/15/28
2,410,212‌
Series
-
2019
A3
(Class
A3)
127,448
CarMax
Auto
Owner
Trust
0
.520
02/17/26
126,970‌
Series
-
2021
2
(Class
A3)
475,989
CarMax
Auto
Owner
Trust
0
.530
10/15/26
469,229‌
Series
-
2021
1
(Class
A4)
900,000
CarMax
Auto
Owner
Trust
0
.740
10/15/26
881,961‌
Series
-
2021
1
(Class
B)
445,007
CarMax
Auto
Owner
Trust
1
.470
12/15/26
437,412‌
Series
-
2022
1
(Class
A3)
700,000
CarMax
Auto
Owner
Trust
2
.200
11/15/27
676,159‌
Series
-
2022
1
(Class
C)
750,000
CarMax
Auto
Owner
Trust
6
.000
07/17/28
769,090‌
Series
-
2023
4
(Class
A3)
750,000
CarMax
Auto
Owner
Trust
5
.960
05/15/29
783,725‌
Series
-
2023
4
(Class
A4)
1,000,000
CarMax
Auto
Owner
Trust
4
.940
08/15/29
1,020,959‌
Series
-
2024
1
(Class
A4)
1,000,000
CarMax
Auto
Owner
Trust
5
.510
11/15/29
1,038,737‌
Series
-
2024
2
(Class
A4)
500,000
Carvana
Auto
Receivables
Trust
3
.000
02/10/28
483,307‌
Series
-
2022
P1
(Class
B)
1,000,000
Carvana
Auto
Receivables
Trust
3
.520
02/10/28
983,176‌
Series
-
2022
P1
(Class
A4)
500,000
Carvana
Auto
Receivables
Trust
3
.300
04/10/28
482,969‌
Series
-
2022
P1
(Class
C)
1,000,000
Carvana
Auto
Receivables
Trust
4
.310
09/10/30
997,469‌
Series
-
2024
P3
(Class
A4)
1,000,000
Chase
Issuance
Trust
3
.970
09/15/27
996,774‌
Series
-
2022
A1
(Class
A)
1,000,000
Chase
Issuance
Trust
5
.160
09/15/28
1,021,704‌
Series
-
2023
A1
(Class
A)
1,500,000
Chase
Issuance
Trust
5
.080
09/15/30
1,557,548‌
Series
-
2023
A2
(Class
A)
500,000
Citibank
Credit
Card
Issuance
Trust
5
.230
12/08/27
505,351‌
Series
-
2023
A1
(Class
A1)
99,228
CNH
Equipment
Trust
0
.440
08/17/26
97,625‌
Series
-
2021
B
(Class
A3)
1,000,000
CNH
Equipment
Trust
0
.700
05/17/27
960,262‌
Series
-
2021
B
(Class
A4)
300,000
CNH
Equipment
Trust
5
.150
04/17/28
302,765‌
Series
-
2022
C
(Class
A3)
555,000
CNH
Equipment
Trust
5
.460
03/17/31
574,573‌
Series
-
2023
B
(Class
A4)
575,000
CNH
Equipment
Trust
4
.800
07/15/31
585,211‌
Series
-
2024
A
(Class
A4)
1,000,000
CNH
Equipment
Trust
5
.230
11/17/31
1,034,957‌
Series
-
2024
B
(Class
A4)
1,000,000
CNH
Equipment
Trust
4
.120
03/15/32
995,866‌
Series
-
2024
C
(Class
A4)
95,572
Continental
Airlines
Pass
Through
Trust
4
.000
10/29/24
95,469‌
Series
-
2012
2
(Class
A)
75,954
Delta
Air
Lines
Pass
Through
Trust
3
.625
07/30/27
73,576‌
Series
-
2015
1
(Class
AA)
228,247
Delta
Air
Lines
Pass
Through
Trust
2
.000
06/10/28
213,437‌
Series
-
2020
1
(Class
AA)
1,500,000
Discover
Card
Execution
Note
Trust
5
.030
10/15/27
1,510,235‌
Series
-
2022
A4
(Class
A)
1,500,000
Discover
Card
Execution
Note
Trust
4
.930
06/15/28
1,518,787‌
Series
-
2023
A2
(Class
A)
151
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
ASSET
BACKED
(continued)
$
1,500,000
Discover
Card
Execution
Note
Trust
1
.030
%
09/15/28
$
1,413,863‌
Series
-
2021
A2
(Class
A2)
1,500,000
Exeter
Automobile
Receivables
Trust
3
.020
06/15/28
1,469,403‌
Series
-
2022
1A
(Class
D)
786,110
FedEx
Corp
Pass
Through
Trust
1
.875
02/20/34
683,190‌
Series
-
2020
1
(Class
AA)
950,000
Ford
Credit
Auto
Lease
Trust
5
.050
06/15/27
961,228‌
Series
-
2024
A
(Class
A4)
1,000,000
Ford
Credit
Auto
Owner
Trust
1
.560
05/15/27
970,978‌
Series
-
2022
A
(Class
A4)
1,000,000
Ford
Credit
Auto
Owner
Trust
1
.910
07/15/27
967,369‌
Series
-
2022
A
(Class
B)
1,000,000
Ford
Credit
Auto
Owner
Trust
5
.490
05/15/29
1,034,395‌
Series
-
2023
C
(Class
A4)
1,000,000
Ford
Credit
Auto
Owner
Trust
5
.010
09/15/29
1,024,824‌
Series
-
2024
A
(Class
A4)
710,000
Ford
Credit
Auto
Owner
Trust
4
.110
07/15/30
708,278‌
Series
-
2024
C
(Class
A4)
975,000
(c)
Ford
Credit
Floorplan
Master
Owner
Trust
A
Series
5
.290
04/15/29
998,843‌
Series
-
2024
1
(Class
A1)
907,335
GM
Financial
Automobile
Leasing
Trust
4
.110
08/20/26
906,480‌
Series
-
2022
3
(Class
A4)
1,000,000
GM
Financial
Automobile
Leasing
Trust
5
.090
02/22/28
1,013,586‌
Series
-
2024
1
(Class
A4)
85,973
GM
Financial
Consumer
Automobile
Receivables
Trust
0
.510
04/16/26
85,538‌
Series
-
2021
2
(Class
A3)
710,000
GM
Financial
Consumer
Automobile
Receivables
Trust
5
.780
08/16/28
726,901‌
Series
-
2023
4
(Class
A3)
1,000,000
GM
Financial
Consumer
Automobile
Receivables
Trust
5
.100
03/16/29
1,019,027‌
Series
-
2024
2
(Class
A3)
1,000,000
GM
Financial
Consumer
Automobile
Receivables
Trust
4
.860
06/18/29
1,018,988‌
Series
-
2024
1
(Class
A4)
850,000
GM
Financial
Securitized
Term
1
.510
04/17/28
821,230‌
Series
-
2022
1
(Class
A4)
1,000,000
Harley-Davidson
Motorcycle
Trust
3
.260
01/15/30
986,056‌
Series
-
2022
A
(Class
A4)
1,000,000
Harley-Davidson
Motorcycle
Trust
5
.290
12/15/31
1,032,674‌
Series
-
2024
A
(Class
A4)
620,000
Harley-Davidson
Motorcycle
Trust
4
.280
04/15/32
617,987‌
Series
-
2024
B
(Class
A4)
500,000
Honda
Auto
Receivables
Owner
Trust
5
.660
02/21/30
517,468‌
Series
-
2023
4
(Class
A4)
1,500,000
Honda
Auto
Receivables
Owner
Trust
5
.170
05/15/30
1,537,926‌
Series
-
2024
1
(Class
A4)
795,000
Honda
Auto
Receivables
Owner
Trust
5
.210
07/18/30
818,768‌
Series
-
2024
2
(Class
A4)
475,000
Honda
Auto
Receivables
Owner
Trust
4
.510
11/21/30
480,330‌
Series
-
2024
3
(Class
A4)
1,000,000
Hyundai
Auto
Receivables
Trust
5
.310
08/15/29
1,026,458‌
Series
-
2023
B
(Class
A4)
475,000
Hyundai
Auto
Receivables
Trust
5
.550
12/17/29
492,223‌
Series
-
2023
C
(Class
A4)
380,000
Hyundai
Auto
Receivables
Trust
4
.740
09/16/30
387,347‌
Series
-
2024
B
(Class
A4)
1,000,000
Hyundai
Auto
Receivables
Trust
4
.920
01/15/31
1,022,135‌
Series
-
2024
A
(Class
A4)
396,361
JetBlue
Pass
Through
Trust
2
.750
05/15/32
354,526‌
Series
-
2019
1
(Class
AA)
770,971
JetBlue
Pass
Through
Trust
4
.000
11/15/32
739,777‌
Series
-
2020
1
(Class
A)
169,686
John
Deere
Owner
Trust
0
.520
03/16/26
167,698‌
Series
-
2021
B
(Class
A3)
Bond
Index
152
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
ASSET
BACKED
(continued)
$
500,000
John
Deere
Owner
Trust
0
.740
%
05/15/28
$
489,411‌
Series
-
2021
B
(Class
A4)
1,000,000
John
Deere
Owner
Trust
5
.110
05/15/30
1,019,383‌
Series
-
2023
B
(Class
A4)
1,000,000
John
Deere
Owner
Trust
5
.390
08/15/30
1,029,540‌
Series
-
2023
C
(Class
A4)
1,000,000
John
Deere
Owner
Trust
5
.190
05/15/31
1,032,486‌
Series
-
2024
B
(Class
A4)
475,000
John
Deere
Owner
Trust
4
.150
08/15/31
474,157‌
Series
-
2024
C
(Class
A4)
1,000,000
John
Deere
Owner
Trust
2024
4
.910
02/18/31
1,021,641‌
Series
-
2024
A
(Class
A4)
475,000
Mercedes-Benz
Auto
Lease
Trust
5
.320
02/15/30
487,776‌
Series
-
2024
A
(Class
A4)
475,000
Mercedes-Benz
Auto
Lease
Trust
4
.220
06/17/30
473,857‌
Series
-
2024
B
(Class
A4)
1,000,000
Mercedes-Benz
Auto
Receivables
Trust
5
.250
02/15/29
1,019,575‌
Series
-
2022
1
(Class
A4)
905,000
Mercedes-Benz
Auto
Receivables
Trust
4
.790
07/15/31
923,618‌
Series
-
2024
1
(Class
A4)
1,000,000
MSWF
Commercial
Mortgage
Trust
5
.472
05/15/56
1,052,224‌
Series
-
2023
1
(Class
A4)
1,000,000
Nissan
Auto
Lease
Trust
4
.910
04/15/27
1,010,045‌
Series
-
2024
A
(Class
A3)
1,000,000
Nissan
Auto
Lease
Trust
5
.610
11/15/27
1,011,339‌
Series
-
2023
B
(Class
A4)
1,000,000
Nissan
Auto
Lease
Trust
4
.960
08/15/28
1,018,515‌
Series
-
2024
B
(Class
A4)
940,000
Nissan
Auto
Receivables
Owner
Trust
5
.180
04/15/31
970,535‌
Series
-
2024
A
(Class
A4)
801,185
Santander
Drive
Auto
Receivables
Trust
4
.430
03/15/27
799,729‌
Series
-
2022
5
(Class
B)
841,526
Santander
Drive
Auto
Receivables
Trust
1
.350
07/15/27
828,653‌
Series
-
2021
2
(Class
D)
500,000
Santander
Drive
Auto
Receivables
Trust
5
.950
01/17/28
503,760‌
Series
-
2022
7
(Class
B)
1,000,000
Santander
Drive
Auto
Receivables
Trust
6
.020
09/15/28
1,012,866‌
Series
-
2023
5
(Class
A3)
1,000,000
Santander
Drive
Auto
Receivables
Trust
5
.230
12/15/28
1,012,189‌
Series
-
2024
1
(Class
B)
500,000
Santander
Drive
Auto
Receivables
Trust
6
.690
03/17/31
516,476‌
Series
-
2022
7
(Class
C)
1,000,000
Synchrony
Card
Funding
LLC
5
.540
07/15/29
1,021,113‌
Series
-
2023
A1
(Class
A)
955,000
Synchrony
Card
Funding
LLC
5
.040
03/15/30
973,582‌
Series
-
2024
A1
(Class
A)
1,230,000
Toyota
Auto
Receivables
Owner
5
.490
03/15/29
1,278,084‌
Series
-
2023
D
(Class
A4)
1,500,000
Toyota
Auto
Receivables
Owner
Trust
0
.530
10/15/26
1,466,078‌
Series
-
2021
B
(Class
A4)
500,000
Toyota
Auto
Receivables
Owner
Trust
3
.110
08/16/27
491,552‌
Series
-
2022
B
(Class
A4)
1,145,000
Toyota
Auto
Receivables
Owner
Trust
5
.280
07/16/29
1,183,564‌
Series
-
2024
B
(Class
A4)
1,000,000
Toyota
Auto
Receivables
Owner
Trust
4
.830
11/15/29
1,025,016‌
Series
-
2024
C
(Class
A4)
138,197
Union
Pacific
Railroad
Co
Pass
Through
Trust
2
.695
05/12/27
131,661‌
Series
-
2015
1
(Class
A)
151,017
United
Airlines
Pass
Through
Trust
4
.300
08/15/25
149,444‌
Series
-
2013
1
(Class
A)
113,000
United
Airlines
Pass
Through
Trust
4
.875
01/15/26
111,977‌
Series
-
2020
1
(Class
B)
153
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
ASSET
BACKED
(continued)
$
149,733
United
Airlines
Pass
Through
Trust
3
.750
%
09/03/26
$
146,620‌
Series
-
2014
2
(Class
A)
1,257,365
United
Airlines
Pass
Through
Trust
5
.875
10/15/27
1,283,040‌
Series
-
2020
A
(Class
A)
122,635
United
Airlines
Pass
Through
Trust
3
.450
12/01/27
118,048‌
Series
-
2015
1
(Class
AA)
126,128
United
Airlines
Pass
Through
Trust
3
.100
07/07/28
119,558‌
Series
-
2016
1
(Class
AA)
126,128
United
Airlines
Pass
Through
Trust
3
.450
07/07/28
117,327‌
Series
-
2016
1
(Class
A)
266,576
United
Airlines
Pass
Through
Trust
2
.875
10/07/28
249,349‌
Series
-
2016
2
(Class
AA)
1,064,975
United
Airlines
Pass
Through
Trust
3
.500
03/01/30
1,002,833‌
Series
-
2018
1
(Class
AA)
272,283
United
Airlines
Pass
Through
Trust
4
.150
08/25/31
261,266‌
Series
-
2019
1
(Class
AA)
201,986
United
Airlines
Pass
Through
Trust
2
.700
05/01/32
180,249‌
Series
-
2019
2
(Class
AA)
1,000,000
Verizon
Master
Trust
4
.170
08/20/30
1,001,392‌
Series
-
2024
6
(Class
A1A)
2,730,000
Verizon
Master
Trust
Series
5
.210
06/20/29
2,772,859‌
Series
-
2024
4
(Class
A1A)
475,000
Volkswagen
Auto
Lease
Trust
5
.200
12/20/28
483,600‌
Series
-
2024
A
(Class
A4)
1,000,000
Volkswagen
Auto
Loan
Enhanced
5
.570
04/22/30
1,037,145‌
Series
-
2023
2
(Class
A4)
1,000,000
Volkswagen
Auto
Loan
Enhanced
Trust
5
.010
01/22/30
1,019,892‌
Series
-
2023
1
(Class
A4)
3,000,000
WF
Card
Issuance
Trust
4
.940
02/15/29
3,062,979‌
Series
-
2024
A1
(Class
A)
36,271
World
Omni
Auto
Receivables
Trust
0
.300
01/15/26
36,202‌
Series
-
2021
A
(Class
A3)
1,000,000
World
Omni
Auto
Receivables
Trust
0
.690
06/15/27
973,974‌
Series
-
2021
B
(Class
A4)
500,000
World
Omni
Auto
Receivables
Trust
1
.040
06/15/27
485,037‌
Series
-
2021
B
(Class
B)
1,000,000
World
Omni
Auto
Receivables
Trust
5
.850
08/15/29
1,046,617‌
Series
-
2023
D
(Class
A4)
1,000,000
World
Omni
Auto
Receivables
Trust
4
.840
10/15/29
1,016,571‌
Series
-
2024
A
(Class
A4)
1,000,000
World
Omni
Auto
Receivables
Trust
4
.440
05/15/30
1,002,993‌
Series
-
2024
C
(Class
A4)
1,000,000
World
Omni
Auto
Receivables
Trust
5
.230
07/15/30
1,035,705‌
Series
-
2024
B
(Class
A4)
680,000
World
Omni
Automobile
Lease
Securitization
Trust
5
.260
10/15/27
693,080‌
Series
-
2024
A
(Class
A3)
950,000
World
Omni
Select
Auto
Trust
4
.980
02/15/30
963,670‌
Series
-
2024
A
(Class
A3)
TOTAL
ASSET
BACKED
133,402,885‌
OTHER
MORTGAGE
BACKED
-
1.6%
1,000,000
(e)
BANK
4
.775
08/15/34
1,006,559‌
Series
-
2024
BNK48
(Class
A4)
2,500,000
BANK
1
.650
12/15/53
2,140,056‌
Series
-
2020
BN30
(Class
A3)
1,500,000
BANK
1
.925
12/15/53
1,276,938‌
Series
-
2020
BN30
(Class
A4)
500,000
(d)
BANK
2
.111
12/15/53
421,215‌
Series
-
2020
BN30
(Class
AS)
500,000
(d)
BANK
2
.445
12/15/53
412,644‌
Series
-
2020
BN30
(Class
B)
2,000,000
BANK
1
.771
02/15/54
1,722,517‌
Series
-
2021
BN31
(Class
A3)
Bond
Index
154
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
OTHER
MORTGAGE
BACKED
(continued)
$
1,000,000
BANK
2
.036
%
02/15/54
$
863,468‌
Series
-
2021
BN31
(Class
A4)
500,000
(d)
BANK
2
.211
02/15/54
423,612‌
Series
-
2021
BN31
(Class
AS)
500,000
(d)
BANK
2
.383
02/15/54
414,964‌
Series
-
2021
BN31
(Class
B)
500,000
(d)
BANK
2
.545
02/15/54
387,373‌
Series
-
2021
BN31
(Class
C)
2,000,000
BANK
3
.538
11/15/54
1,930,838‌
Series
-
2017
BNK9
(Class
A4)
500,000
BANK
4
.399
08/15/55
491,644‌
Series
-
2022
BNK43
(Class
A5)
500,000
(d)
BANK
5
.403
08/15/55
447,629‌
Series
-
2022
BNK43
(Class
C)
800,000
BANK
5
.203
02/15/56
828,611‌
Series
-
2023
BNK45
(Class
A5)
1,000,000
BANK
5
.745
08/15/56
1,080,453‌
Series
-
2023
BNK46
(Class
A4)
500,000
(d)
BANK
6
.724
09/15/56
538,310‌
Series
-
2023
5YR3
(Class
A3)
1,731,227
BANK
6
.500
12/15/56
1,848,620‌
Series
-
2023
5YR4
(Class
A3)
1,000,000
BANK
5
.716
06/15/57
1,083,235‌
Series
-
2024
BNK47
(Class
A5)
2,000,000
BANK
5
.769
06/15/57
2,094,996‌
Series
-
2024
5YR7
(Class
A3)
1,500,000
BANK
3
.390
06/15/60
1,457,366‌
Series
-
2017
BNK5
(Class
A5)
3,383,919
BANK
3
.641
02/15/61
3,343,610‌
Series
-
2018
BN10
(Class
ASB)
2,000,000
(d)
BANK
3
.898
02/15/61
1,929,201‌
Series
-
2018
BN10
(Class
AS)
8,000,000
BANK
3
.584
05/15/62
7,511,125‌
Series
-
2019
BN18
(Class
A4)
4,926,353
BANK
1
.584
03/15/63
4,266,345‌
Series
-
2020
BN28
(Class
A3)
1,000,000
BANK
2
.438
06/15/63
850,108‌
Series
-
2021
BN34
(Class
A5)
1,000,000
BANK
2
.556
05/15/64
888,425‌
Series
-
2021
BN33
(Class
A5)
1,000,000
BANK
2
.792
05/15/64
877,395‌
Series
-
2021
BN33
(Class
AS)
500,000
BANK
3
.297
05/15/64
411,593‌
Series
-
2021
BN33
(Class
C)
1,000,000
(c),(d)
BANK
2
.500
06/15/64
703,309‌
Series
-
2021
BN35
(Class
D)
658,000
BANK5
5
.614
08/15/57
687,119‌
Series
-
2024
5YR9
(Class
A3)
3,000,000
BBCMS
Mortgage
Trust
3
.674
02/15/50
2,933,490‌
Series
-
2017
C1
(Class
A4)
12,500,000
BBCMS
Mortgage
Trust
2
.690
02/15/53
11,977,706‌
Series
-
2020
C6
(Class
A2)
500,000
BBCMS
Mortgage
Trust
4
.441
09/15/55
494,239‌
Series
-
2022
C17
(Class
A5)
500,000
BBCMS
Mortgage
Trust
5
.310
07/15/56
524,008‌
Series
-
2023
C20
(Class
A4)
1,000,000
(d)
BBCMS
Mortgage
Trust
6
.000
09/15/56
1,098,883‌
Series
-
2023
C21
(Class
A5)
955,000
BBCMS
Mortgage
Trust
6
.521
11/15/56
1,086,554‌
Series
-
2023
C22
(Class
A4)
1,500,000
BBCMS
Mortgage
Trust
5
.419
02/15/57
1,591,276‌
Series
-
2024
C24
(Class
A5)
155
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
OTHER
MORTGAGE
BACKED
(continued)
$
2,000,000
BBCMS
Mortgage
Trust
5
.946
%
03/15/57
$
2,107,186‌
Series
-
2024
5C25
(Class
A3)
1,500,000
(d)
BBCMS
Mortgage
Trust
6
.094
05/15/57
1,611,699‌
Series
-
2024
A
(Class
)
500,000
BBCMS
Mortgage
Trust
6
.014
07/15/57
529,684‌
Series
-
2024
5C27
(Class
A3)
500,000
BBCMS
Mortgage
Trust
5
.208
09/15/57
514,437‌
Series
-
2024
5C29
(Class
A3)
500,000
BBCMS
Mortgage
Trust
5
.403
09/15/57
529,699‌
Series
-
2024
C28
(Class
A5)
500,000
BBCMS
Mortgage
Trust
5
.844
09/15/57
526,025‌
Series
-
2024
C28
(Class
AS)
730,000
Benchmark
Mortgage
Trust
5
.277
10/15/29
750,762‌
Series
-
2024
V10
(Class
A3)
1,000,000
(d)
Benchmark
Mortgage
Trust
3
.878
01/15/51
953,970‌
Series
-
2018
B1
(Class
AM)
180,596
Benchmark
Mortgage
Trust
3
.976
07/15/51
180,186‌
Series
-
2018
B4
(Class
A2)
1,000,000
(d)
Benchmark
Mortgage
Trust
4
.652
07/15/51
902,000‌
Series
-
2018
B4
(Class
C)
5,850,000
Benchmark
Mortgage
Trust
3
.542
05/15/52
5,506,285‌
Series
-
2019
B11
(Class
A5)
1,000,000
(d)
Benchmark
Mortgage
Trust
2
.944
02/15/53
893,493‌
Series
-
2020
B16
(Class
AM)
1,500,000
(d)
Benchmark
Mortgage
Trust
3
.176
02/15/53
1,329,545‌
Series
-
2020
B16
(Class
B)
1,500,000
(d)
Benchmark
Mortgage
Trust
3
.534
02/15/53
1,215,753‌
Series
-
2020
B16
(Class
C)
2,000,000
(d)
Benchmark
Mortgage
Trust
4
.510
05/15/53
1,990,614‌
Series
-
2018
B7
(Class
A4)
5,000,000
Benchmark
Mortgage
Trust
1
.925
07/15/53
4,296,457‌
Series
-
2020
B18
(Class
A5)
2,500,000
Benchmark
Mortgage
Trust
1
.704
12/17/53
2,141,876‌
Series
-
2020
B21
(Class
A4)
2,500,000
Benchmark
Mortgage
Trust
1
.978
12/17/53
2,150,083‌
Series
-
2020
B21
(Class
A5)
2,500,000
Benchmark
Mortgage
Trust
1
.685
01/15/54
2,154,530‌
Series
-
2020
B22
(Class
A4)
1,500,000
Benchmark
Mortgage
Trust
1
.973
01/15/54
1,278,941‌
Series
-
2020
B22
(Class
A5)
1,500,000
Benchmark
Mortgage
Trust
2
.163
01/15/54
1,243,295‌
Series
-
2020
B22
(Class
AM)
2,000,000
Benchmark
Mortgage
Trust
1
.620
02/15/54
1,762,118‌
Series
-
2021
B23
(Class
A2)
1,500,000
Benchmark
Mortgage
Trust
1
.823
02/15/54
1,267,895‌
Series
-
2021
B23
(Class
A4A1)
1,500,000
Benchmark
Mortgage
Trust
2
.070
02/15/54
1,272,244‌
Series
-
2021
B23
(Class
A5)
500,000
Benchmark
Mortgage
Trust
2
.095
02/15/54
376,102‌
Series
-
2021
B23
(Class
B)
500,000
Benchmark
Mortgage
Trust
2
.274
02/15/54
407,041‌
Series
-
2021
B23
(Class
AS)
500,000
(d)
Benchmark
Mortgage
Trust
2
.563
02/15/54
363,865‌
Series
-
2021
B23
(Class
C)
1,000,000
Benchmark
Mortgage
Trust
2
.577
04/15/54
858,954‌
Series
-
2021
B25
(Class
A5)
1,000,000
Benchmark
Mortgage
Trust
2
.847
04/15/54
832,846‌
Series
-
2021
B25
(Class
AS)
1,700,000
Benchmark
Mortgage
Trust
2
.613
06/15/54
1,480,985‌
Series
-
2021
B26
(Class
A5)
702,000
(d)
Benchmark
Mortgage
Trust
2
.688
06/15/54
567,564‌
Series
-
2021
B26
(Class
B)
Bond
Index
156
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
OTHER
MORTGAGE
BACKED
(continued)
$
500,000
Benchmark
Mortgage
Trust
2
.825
%
06/15/54
$
417,751‌
Series
-
2021
B26
(Class
AM)
1,500,000
Benchmark
Mortgage
Trust
2
.512
07/15/54
1,261,262‌
Series
-
2021
B27
(Class
AS)
1,000,000
Benchmark
Mortgage
Trust
5
.358
05/15/55
1,021,559‌
Series
-
2023
V2
(Class
A2)
500,000
(d)
Benchmark
Mortgage
Trust
4
.470
07/15/55
496,702‌
Series
-
2022
B36
(Class
A5)
500,000
(d)
Benchmark
Mortgage
Trust
5
.290
07/15/55
433,145‌
Series
-
2022
B36
(Class
C)
500,000
Benchmark
Mortgage
Trust
5
.805
01/10/57
524,076‌
Series
-
2024
V5
(Class
A3)
500,000
(d)
Benchmark
Mortgage
Trust
6
.417
01/10/57
525,456‌
Series
-
2024
V5
(Class
AM)
1,000,000
Benchmark
Mortgage
Trust
5
.707
07/15/57
1,047,877‌
Series
-
2024
V8
(Class
A2)
5,000,000
Benchmark
Mortgage
Trust
2
.914
12/15/72
4,843,689‌
Series
-
2019
B15
(Class
A2)
895,000
(d)
BMARK
6
.841
11/15/56
964,025‌
Series
-
2023
V4
(Class
A3)
1,500,000
(d)
BMO
Mortgage
Trust
5
.117
02/15/56
1,544,791‌
Series
-
2023
C4
(Class
A5)
1,000,000
(d)
BMO
Mortgage
Trust
6
.534
08/15/56
1,064,342‌
Series
-
2023
5C1
(Class
A3)
2,000,000
(d)
BMO
Mortgage
Trust
5
.956
09/15/56
2,185,614‌
Series
-
2023
C6
(Class
A5)
910,000
BMO
Mortgage
Trust
6
.673
11/15/56
974,709‌
Series
-
2023
5C2
(Class
A2)
1,000,000
BMO
Mortgage
Trust
6
.160
12/15/56
1,108,872‌
Series
-
2023
C7
(Class
A5)
2,730,000
(d)
BMO
Mortgage
Trust
5
.598
03/15/57
2,927,457‌
Series
-
2024
C8
(Class
A5)
770,000
BMO
Mortgage
Trust
5
.316
09/15/57
793,620‌
Series
-
2024
5C6
(Class
A3)
1,000,000
(d)
CD
Mortgage
Trust
3
.526
11/10/49
962,094‌
Series
-
2016
CD2
(Class
A4)
2,000,000
CD
Mortgage
Trust
3
.631
02/10/50
1,900,000‌
Series
-
2017
CD3
(Class
A4)
12,312
CD
Mortgage
Trust
3
.025
08/15/50
11,931‌
Series
-
2017
CD5
(Class
A2)
2,500,000
CD
Mortgage
Trust
3
.431
08/15/50
2,420,272‌
Series
-
2017
CD5
(Class
A4)
1,000,000
(d)
CD
Mortgage
Trust
3
.684
08/15/50
957,427‌
Series
-
2017
CD5
(Class
AS)
1,750,000
CD
Mortgage
Trust
4
.279
08/15/51
1,726,519‌
Series
-
2018
CD7
(Class
A4)
69,146
Citigroup
Commercial
Mortgage
Trust
3
.635
10/10/47
69,044‌
Series
-
2014
GC25
(Class
A4)
537,305
Citigroup
Commercial
Mortgage
Trust
3
.137
02/10/48
535,286‌
Series
-
2015
GC27
(Class
A5)
1,000,000
Citigroup
Commercial
Mortgage
Trust
3
.571
02/10/48
993,920‌
Series
-
2015
GC27
(Class
AS)
1,000,000
Citigroup
Commercial
Mortgage
Trust
3
.616
02/10/49
977,339‌
Series
-
2016
GC36
(Class
A5)
2,000,000
Citigroup
Commercial
Mortgage
Trust
3
.314
04/10/49
1,957,868‌
Series
-
2016
GC37
(Class
A4)
500,000
Citigroup
Commercial
Mortgage
Trust
3
.576
04/10/49
484,953‌
Series
-
2016
GC37
(Class
AS)
1,500,000
Citigroup
Commercial
Mortgage
Trust
2
.832
08/10/49
1,452,302‌
Series
-
2016
C2
(Class
A4)
1,000,000
Citigroup
Commercial
Mortgage
Trust
3
.465
09/15/50
960,553‌
Series
-
2017
P8
(Class
A4)
157
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
OTHER
MORTGAGE
BACKED
(continued)
$
1,480,000
Citigroup
Commercial
Mortgage
Trust
3
.778
%
09/10/58
$
1,458,417‌
Series
-
2015
GC33
(Class
A4)
27,002
COMM
Mortgage
Trust
3
.819
06/10/47
26,959‌
Series
-
2014
UBS3
(Class
A4)
98,262
COMM
Mortgage
Trust
3
.694
08/10/47
98,064‌
Series
-
2014
UBS4
(Class
A5)
580,397
COMM
Mortgage
Trust
3
.590
11/10/47
579,454‌
Series
-
2014
CR20
(Class
A4)
1,000,000
(d)
COMM
Mortgage
Trust
4
.339
12/10/47
971,106‌
Series
-
2014
CR21
(Class
B)
3,150,000
COMM
Mortgage
Trust
3
.183
02/10/48
3,132,178‌
Series
-
2015
LC19
(Class
A4)
1,000,000
(d)
COMM
Mortgage
Trust
4
.377
02/10/48
957,412‌
Series
-
2015
LC19
(Class
C)
1,700,000
COMM
Mortgage
Trust
3
.708
07/10/48
1,685,745‌
Series
-
2015
LC21
(Class
A4)
581,228
COMM
Mortgage
Trust
3
.432
08/10/48
575,537‌
Series
-
2015
CR24
(Class
A4)
1,000,000
COMM
Mortgage
Trust
3
.759
08/10/48
989,826‌
Series
-
2015
CR25
(Class
A4)
1,500,000
COMM
Mortgage
Trust
3
.774
10/10/48
1,480,473‌
Series
-
2015
LC23
(Class
A4)
5,000,000
COMM
Mortgage
Trust
2
.827
08/15/57
4,782,982‌
Series
-
2019
GC44
(Class
A2)
3,000,000
COMM
Mortgage
Trust
3
.263
08/15/57
2,746,156‌
Series
-
2019
GC44
(Class
AM)
650,000
(d)
CSAIL
Commercial
Mortgage
Trust
5
.082
01/15/49
599,908‌
Series
-
2016
C6
(Class
C)
2,000,000
(d)
CSAIL
Commercial
Mortgage
Trust
4
.224
08/15/51
1,962,629‌
Series
-
2018
CX12
(Class
A4)
10,000,000
CSAIL
Commercial
Mortgage
Trust
4
.053
03/15/52
9,807,592‌
Series
-
2019
C15
(Class
A4)
475,000
Daimler
Trucks
Retail
Trust
5
.560
07/15/31
490,690‌
Series
-
2024
1
(Class
A4)
915,518
DBGS
Mortgage
Trust
4
.358
10/15/51
912,865‌
Series
-
2018
C1
(Class
A2)
5,790,000
DBGS
Mortgage
Trust
4
.466
10/15/51
5,647,645‌
Series
-
2018
C1
(Class
A4)
1,590,000
DBJPM
Mortgage
Trust
3
.328
06/10/50
1,526,972‌
Series
-
2017
C6
(Class
A5)
3,500,000
DBJPMortgage
Trust
3
.276
05/10/49
3,413,007‌
Series
-
2016
C1
(Class
A4)
1,000,000
DBJPMortgage
Trust
3
.539
05/10/49
963,363‌
Series
-
2016
C1
(Class
AM)
4,757,133
DBJPMortgage
Trust
1
.900
08/15/53
4,540,962‌
Series
-
2020
C9
(Class
A2)
2,588,015
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
3
.023
01/25/25
2,569,868‌
Series
-
2015
K045
(Class
A2)
1,500,000
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
1
.199
12/25/27
1,373,850‌
Series
-
2021
K741
(Class
AM)
8,440,000
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
1
.603
12/25/27
7,855,630‌
Series
-
2021
K741
(Class
A2)
1,224,000
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
1
.760
03/25/28
1,139,870‌
Series
-
2021
K742
(Class
A2)
749,000
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
1
.369
04/25/28
684,211‌
Series
-
2021
K742
(Class
AM)
3,000,000
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
4
.819
06/25/28
3,080,028‌
Series
-
2023
K505
(Class
A2)
2,909,524
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
1
.712
07/25/28
2,691,563‌
Series
-
2021
K744
(Class
A2)
8,000,000
(d)
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
4
.650
08/25/28
8,173,734‌
Series
-
2023
K506
(Class
A2)
Bond
Index
158
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
OTHER
MORTGAGE
BACKED
(continued)
$
1,000,000
(d)
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
4
.740
%
08/25/28
$
1,026,100‌
Series
-
2023
K508
(Class
A2)
2,000,000
(d)
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
4
.800
09/25/28
2,053,404‌
Series
-
2023
K507
(Class
A2)
725,000
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
4
.850
09/25/28
746,184‌
Series
-
2023
K509
(Class
A2)
2,000,000
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
4
.572
12/25/28
2,039,671‌
Series
-
2024
K514
(Class
A2)
3,000,000
(d)
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
5
.355
01/25/29
3,148,772‌
Series
-
2024
K517
(Class
A2)
2,075,000
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
5
.400
01/25/29
2,184,434‌
Series
-
2024
K518
(Class
A2)
3,000,000
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
5
.477
01/25/29
3,160,457‌
Series
-
2024
K516
(Class
A2)
2,000,000
(d)
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
5
.180
03/25/29
2,089,669‌
Series
-
2024
K520
(Class
A2)
2,500,000
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
4
.508
07/25/29
2,552,430‌
Series
-
2024
K528
(Class
A2)
2,500,000
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
4
.618
07/25/29
2,561,758‌
Series
-
2024
K527
(Class
A2)
858,259
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
1
.229
03/25/30
791,303‌
Series
-
2021
K128
(Class
A1)
924,854
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
1
.101
08/25/30
836,356‌
Series
-
2021
K125
(Class
A1)
1,000,000
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
4
.400
10/25/30
1,016,123‌
Series
-
2023
K753
(Class
A2)
1,899,033
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
1
.353
11/25/30
1,740,225‌
Series
-
2021
K127
(Class
A1)
2,000,000
(d)
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
4
.940
11/25/30
2,087,605‌
Series
-
2023
K754
(Class
A2)
1,000,000
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
1
.792
01/25/31
875,527‌
Series
-
2021
K126
(Class
AM)
9,000,000
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
1
.846
01/25/31
7,929,508‌
Series
-
2021
K125
(Class
A2)
3,000,000
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
2
.108
01/25/31
2,684,881‌
Series
-
2021
K127
(Class
A2)
1,332,000
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
1
.851
02/25/31
1,167,565‌
Series
-
2021
K127
(Class
AM)
1,000,000
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
5
.203
02/25/31
1,060,716‌
Series
-
2024
K755
(Class
A2)
1,000,000
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
1
.749
03/25/31
870,112‌
Series
-
2021
K128
(Class
AM)
2,000,000
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
2
.020
03/25/31
1,779,580‌
Series
-
2021
K128
(Class
A2)
1,000,000
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
1
.647
05/25/31
862,980‌
Series
-
2021
K129
(Class
AM)
4,000,000
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
4
.963
05/25/31
4,189,777‌
Series
-
2024
K756
(Class
A2)
3,000,000
(d)
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
3
.500
07/25/32
2,875,693‌
Series
-
2022
K148
(Class
A2)
2,000,000
(d)
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
4
.500
08/25/33
2,046,365‌
Series
-
2023
160
(Class
A2)
4,748,000
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
5
.150
12/25/33
5,088,817‌
Series
-
2024
162
(Class
A2)
1,500,000
(d)
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
5
.000
03/25/34
1,586,569‌
Series
-
2024
163
(Class
A2)
1,857,154
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
2
.007
07/25/35
1,586,809‌
Series
-
2021
1520
(Class
A1)
2,000,000
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
2
.438
02/25/36
1,653,541‌
Series
-
2021
1520
(Class
A2)
2,000,000
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
2
.184
08/25/36
1,596,580‌
Series
-
2021
1521
(Class
A2)
159
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
OTHER
MORTGAGE
BACKED
(continued)
$
1,740,000
(d)
Freddie
Mac
Structured
Certificates
4
.543
%
07/25/29
$
1,776,745‌
Series
-
S
K526
(Class
A2)
950,000
(d)
FREMF
Mortgage
Trust
4
.720
05/25/29
976,679‌
Series
-
2024
K524
(Class
A2)
1,500,000
GS
Mortgage
Securities
Trust
3
.964
11/10/47
1,456,520‌
Series
-
2014
GC26
(Class
AS)
1,423,318
GS
Mortgage
Securities
Trust
3
.178
11/10/49
1,393,015‌
Series
-
2016
GS4
(Class
A3)
1,350,000
(d)
GS
Mortgage
Securities
Trust
4
.075
11/10/49
1,164,802‌
Series
-
2016
GS4
(Class
C)
800,000
GS
Mortgage
Securities
Trust
3
.382
05/10/50
791,588‌
Series
-
2015
GC30
(Class
A4)
555,065
GS
Mortgage
Securities
Trust
2
.945
08/10/50
545,252‌
Series
-
2017
GS7
(Class
A2)
1,500,000
GS
Mortgage
Securities
Trust
3
.430
08/10/50
1,440,596‌
Series
-
2017
GS7
(Class
A4)
2,500,000
GS
Mortgage
Securities
Trust
3
.968
02/10/52
2,420,597‌
Series
-
2019
GC38
(Class
A4)
500,000
(d)
GS
Mortgage
Securities
Trust
4
.309
02/10/52
467,278‌
Series
-
2019
GC38
(Class
B)
2,468,678
GS
Mortgage
Securities
Trust
2
.898
02/13/53
2,423,508‌
Series
-
2020
GC45
(Class
A2)
4,000,000
(d)
GS
Mortgage
Securities
Trust
3
.173
02/13/53
3,616,246‌
Series
-
2020
GC45
(Class
AS)
2,000,000
(d)
GS
Mortgage
Securities
Trust
3
.405
02/13/53
1,780,999‌
Series
-
2020
GC45
(Class
B)
2,000,000
GS
Mortgage
Securities
Trust
2
.125
05/12/53
1,767,416‌
Series
-
2020
GC47
(Class
A4)
4,000,000
GS
Mortgage
Securities
Trust
2
.377
05/12/53
3,560,457‌
Series
-
2020
GC47
(Class
A5)
1,000,000
GS
Mortgage
Securities
Trust
1
.662
12/12/53
936,079‌
Series
-
2020
GSA2
(Class
AAB)
3,000,000
GS
Mortgage
Securities
Trust
1
.721
12/12/53
2,600,383‌
Series
-
2020
GSA2
(Class
A4)
2,000,000
GS
Mortgage
Securities
Trust
2
.012
12/12/53
1,706,221‌
Series
-
2020
GSA2
(Class
A5)
1,000,000
GS
Mortgage
Securities
Trust
2
.224
12/12/53
817,663‌
Series
-
2020
GSA2
(Class
AS)
1,000,000
JP
Morgan
Chase
Commercial
Mortgage
Securities
Trust
2
.822
08/15/49
966,930‌
Series
-
2016
JP2
(Class
A4)
1,875,000
(d)
JPMBB
Commercial
Mortgage
Securities
Trust
4
.118
05/15/48
1,801,726‌
Series
-
2015
C29
(Class
B)
2,700,000
JPMBB
Commercial
Mortgage
Securities
Trust
3
.227
10/15/48
2,677,757‌
Series
-
2015
C28
(Class
A4)
1,100,000
JPMBB
Commercial
Mortgage
Securities
Trust
3
.532
10/15/48
1,083,467‌
Series
-
2015
C28
(Class
AS)
2,000,000
JPMBB
Commercial
Mortgage
Securities
Trust
3
.770
12/15/48
1,976,344‌
Series
-
2015
C33
(Class
A4)
1,000,000
JPMBB
Commercial
Mortgage
Securities
Trust
3
.576
03/17/49
983,713‌
Series
-
2016
C1
(Class
A5)
500,000
JPMBB
Commercial
Mortgage
Securities
Trust
3
.970
03/17/49
490,042‌
Series
-
2016
C1
(Class
AS)
500,000
(d)
JPMBB
Commercial
Mortgage
Securities
Trust
4
.858
03/17/49
488,170‌
Series
-
2016
C1
(Class
B)
681,668
JPMCC
Commercial
Mortgage
Securities
Trust
3
.109
07/15/50
662,607‌
Series
-
2017
JP6
(Class
A3)
2,500,000
JPMCC
Commercial
Mortgage
Securities
Trust
3
.454
09/15/50
2,396,399‌
Series
-
2017
JP7
(Class
A5)
2,018,397
JPMCC
Commercial
Mortgage
Securities
Trust
3
.219
06/13/52
1,953,828‌
Series
-
2019
COR5
(Class
ASB)
1,000,000
(d)
JPMDB
Commercial
Mortgage
Securities
Trust
3
.990
06/15/49
865,071‌
Series
-
2016
C2
(Class
B)
Bond
Index
160
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
OTHER
MORTGAGE
BACKED
(continued)
$
5,922,824
JPMDB
Commercial
Mortgage
Securities
Trust
3
.141
%
12/15/49
$
5,655,166‌
Series
-
2016
C4
(Class
A3)
5,000,000
JPMDB
Commercial
Mortgage
Securities
Trust
2
.946
11/13/52
4,985,766‌
Series
-
2019
COR6
(Class
A2)
3,500,000
Morgan
Stanley
Bank
of
America
Merrill
Lynch
Trust
3
.249
02/15/48
3,483,176‌
Series
-
2015
C20
(Class
A4)
1,000,000
Morgan
Stanley
Bank
of
America
Merrill
Lynch
Trust
3
.306
04/15/48
988,793‌
Series
-
2015
C22
(Class
A4)
1,000,000
Morgan
Stanley
Bank
of
America
Merrill
Lynch
Trust
3
.732
05/15/48
988,447‌
Series
-
2015
C24
(Class
A4)
2,000,000
Morgan
Stanley
Bank
of
America
Merrill
Lynch
Trust
3
.599
05/15/50
1,944,680‌
Series
-
2017
C33
(Class
A5)
535,000
Morgan
Stanley
Capital
I
Trust
3
.594
03/15/49
523,412‌
Series
-
2016
UBS9
(Class
A4)
1,000,000
(d)
Morgan
Stanley
Capital
I
Trust
5
.011
07/15/51
925,995‌
Series
-
2018
H3
(Class
C)
1,223,644
(d)
Morgan
Stanley
Capital
I
Trust
4
.238
10/15/51
1,217,871‌
Series
-
2018
L1
(Class
ASB)
1,596,294
Morgan
Stanley
Capital
I
Trust
4
.288
10/15/51
1,592,832‌
Series
-
2018
L1
(Class
A2)
1,500,000
(d)
Morgan
Stanley
Capital
I
Trust
4
.407
10/15/51
1,490,247‌
Series
-
2018
L1
(Class
A4)
1,000,000
Morgan
Stanley
Capital
I
Trust
4
.071
03/15/52
973,523‌
Series
-
2019
L2
(Class
A4)
4,598,200
Morgan
Stanley
Capital
I
Trust
3
.224
06/15/52
4,475,452‌
Series
-
2019
H6
(Class
ASB)
750,000
Morgan
Stanley
Capital
I
Trust
3
.417
06/15/52
713,205‌
Series
-
2019
H6
(Class
A4)
3,404,777
Morgan
Stanley
Capital
I
Trust
1
.790
07/15/53
2,982,101‌
Series
-
2020
HR8
(Class
A3)
2,000,000
Morgan
Stanley
Capital
I
Trust
2
.438
05/15/54
1,784,225‌
Series
-
2021
L5
(Class
A3)
1,000,000
Morgan
Stanley
Capital
I
Trust
2
.951
05/15/54
877,486‌
Series
-
2021
L5
(Class
AS)
1,500,000
(d)
MSWF
Commercial
Mortgage
Trust
6
.014
12/15/56
1,654,977‌
Series
-
2023
2
(Class
A5)
349,982
UBS
Commercial
Mortgage
Trust
2
.998
08/15/50
349,173‌
Series
-
2017
C3
(Class
A2)
1,500,000
UBS
Commercial
Mortgage
Trust
3
.426
08/15/50
1,446,026‌
Series
-
2017
C3
(Class
A4)
1,000,000
(d)
UBS
Commercial
Mortgage
Trust
3
.739
08/15/50
941,913‌
Series
-
2017
C3
(Class
AS)
11,000,000
UBS
Commercial
Mortgage
Trust
4
.313
05/15/51
10,867,178‌
Series
-
2018
C10
(Class
A4)
2,000,000
UBS
Commercial
Mortgage
Trust
4
.296
08/15/51
1,965,845‌
Series
-
2018
C12
(Class
A5)
2,400,000
(d)
UBS
Commercial
Mortgage
Trust
5
.372
12/15/51
2,106,707‌
Series
-
2018
C14
(Class
C)
1,625,000
Verizon
Master
Trust
5
.340
04/22/30
1,670,391‌
Series
-
2024
3
(Class
A1A)
875,000
(d)
Wells
Fargo
Commercial
Mortgage
Trust
3
.872
05/15/48
863,500‌
Series
-
2015
C28
(Class
AS)
2,000,000
Wells
Fargo
Commercial
Mortgage
Trust
3
.695
11/15/48
1,974,966‌
Series
-
2015
C31
(Class
A4)
480,000
(d)
Wells
Fargo
Commercial
Mortgage
Trust
4
.224
12/15/48
467,803‌
Series
-
2015
NXS4
(Class
B)
2,000,000
Wells
Fargo
Commercial
Mortgage
Trust
2
.652
08/15/49
1,915,510‌
Series
-
2016
BNK1
(Class
A3)
500,000
Wells
Fargo
Commercial
Mortgage
Trust
2
.967
08/15/49
411,641‌
Series
-
2016
BNK1
(Class
B)
1,000,000
Wells
Fargo
Commercial
Mortgage
Trust
3
.377
11/15/49
958,667‌
Series
-
2016
NXS6
(Class
AS)
161
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
OTHER
MORTGAGE
BACKED
(continued)
$
2,000,000
Wells
Fargo
Commercial
Mortgage
Trust
4
.152
%
08/15/51
$
1,955,762‌
Series
-
2018
C46
(Class
A4)
2,700,000
Wells
Fargo
Commercial
Mortgage
Trust
3
.760
03/15/52
2,622,627‌
Series
-
2019
C49
(Class
A4)
1,846,808
Wells
Fargo
Commercial
Mortgage
Trust
3
.635
05/15/52
1,834,402‌
Series
-
2019
C50
(Class
ASB)
3,250,000
Wells
Fargo
Commercial
Mortgage
Trust
4
.192
05/15/52
3,070,718‌
Series
-
2019
C50
(Class
B)
10,000,000
Wells
Fargo
Commercial
Mortgage
Trust
3
.040
10/15/52
9,332,328‌
Series
-
2019
C53
(Class
A4)
2,500,000
Wells
Fargo
Commercial
Mortgage
Trust
1
.810
07/15/53
2,198,540‌
Series
-
2020
C58
(Class
A3)
1,500,000
Wells
Fargo
Commercial
Mortgage
Trust
2
.092
07/15/53
1,301,334‌
Series
-
2020
C58
(Class
A4)
500,000
Wells
Fargo
Commercial
Mortgage
Trust
2
.398
07/15/53
416,967‌
Series
-
2020
C58
(Class
AS)
10,000,000
Wells
Fargo
Commercial
Mortgage
Trust
1
.864
08/15/53
8,780,339‌
Series
-
2020
C57
(Class
A3)
1,893,000
Wells
Fargo
Commercial
Mortgage
Trust
2
.626
04/15/54
1,669,938‌
Series
-
2021
C59
(Class
A5)
1,000,000
Wells
Fargo
Commercial
Mortgage
Trust
6
.520
07/15/57
1,057,330‌
Series
-
2024
5C1
(Class
AS)
750,000
Wells
Fargo
Commercial
Mortgage
Trust
5
.309
08/15/57
789,587‌
Series
-
2024
C63
(Class
A5)
117,000
Wells
Fargo
Commercial
Mortgage
Trust
3
.896
03/15/59
109,663‌
Series
-
2016
C33
(Class
C)
TOTAL
OTHER
MORTGAGE
BACKED
430,718,537‌
TOTAL
STRUCTURED
ASSETS
(Cost
$594,218,943)
564,121,422‌
TOTAL
LONG-TERM
INVESTMENTS
(Cost
$27,669,867,620)
26,105,454,742‌
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
SHORT-TERM
INVESTMENTS
-
0.8%
GOVERNMENT
AGENCY
DEBT
-
0.0%
228,000
Federal
National
Mortgage
Association
(FNMA)
0
.000
10/23/24
227,323‌
TOTAL
GOVERNMENT
AGENCY
DEBT
227,323‌
REPURCHASE
AGREEMENT
-
0.7%
190,300,000
(f)
Bank
of
New
York
Mellon
4
.860
10/01/24
190,300,000‌
TOTAL
REPURCHASE
AGREEMENT
190,300,000‌
TREASURY
DEBT
-
0.1%
10,000,000
United
States
Treasury
Bill
0
.000
10/03/24
9,997,391‌
15,000,000
United
States
Treasury
Bill
0
.000
10/29/24
14,944,700‌
5,000,000
United
States
Treasury
Bill
0
.000
11/26/24
4,963,610‌
TOTAL
TREASURY
DEBT
29,905,701‌
TOTAL
SHORT-TERM
INVESTMENTS
(Cost
$220,433,398)
220,433,024‌
SHARES
DESCRIPTION
RATE
EXP
VALUE
INVESTMENTS
PURCHASED
WITH
COLLATERAL
FROM
SECURITIES
LENDING
-
0.6%
150,280,866
(g)
State
Street
Navigator
Securities
Lending
Government
Money
Market
Portfolio
5
.020
(h)
150,280,866‌
TOTAL
INVESTMENTS
PURCHASED
WITH
COLLATERAL
FROM
SECURITIES
LENDING
(Cost
$150,280,866)
150,280,866‌
TOTAL
INVESTMENTS
-
100.7%
(Cost
$28,040,581,884)
26,476,168,632‌
OTHER
ASSETS
&
LIABILITIES,
NET
-
(0.7)%
(
190,650,897‌
)
NET
ASSETS
-
100.0%
$
26,285,517,735‌
Bond
Index
162
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
DGS1
1-Year
Treasury
Constant
Maturity
Rate
LIBOR
London
Interbank
Offered
Rate
M
Month
REIT
Real
Estate
Investment
Trust
TSFR3M
CME
Term
Secured
Overnight
Financing
Rate
3
Month
(a)
All
or
a
portion
of
these
securities
are
out
on
loan.
The
aggregate
value
of
securities
on
loan
is
$216,694,305.
(b)
Perpetual
security
(c)
Security
is
exempt
from
registration
under
Rule
144A
of
the
Securities
Act
of
1933,
as
amended.
These
securities
are
deemed
liquid
and
may
be
resold
in
transactions
exempt
from
registration,
which
are
normally
those
transactions
with
qualified
institutional
buyers.
As
of
the
end
of
the
reporting
period,
the
aggregate
value
of
these
securities
is
$92,921,241
or
0.4%
of
Total
Investments.
(d)
Floating
or
variable
rate
security
includes
the
reference
rate
and
spread,
unless
the
variable
rate
is
based
on
the
underlying
asset
of
the
security.
Coupon
rate
reflects
the
rate
at
period
end.
(e)
When-issued
or
delayed
delivery
security.
(f)
Agreement
with
Bank
of
New
York
Mellon,
4.860%
dated
9/30/24
to
be
repurchased
at
$193,970,947
on
10/1/24,
collateralized
by
Government
Agency
Securities,
with
coupon
rate
4.875%
and
maturity
date
10/31/28,
valued
at
$194,106,008.
(g)
Investments
made
with
cash
collateral
received
from
securities
on
loan.
(h)
The
rate
shown
is
the
one-day
yield
as
of
the
end
of
the
reporting
period.
Portfolio
of
Investments
September
30,
2024
Core
Bond
163
See
Notes
to
Financial
Statements
(Unaudited)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
LONG-TERM
INVESTMENTS
-
98.5%
BANK
LOAN
OBLIGATIONS
-
1.7%
CAPITAL
GOODS
-
0.1%
$
2,454,478
(a),(b)
Centuri
Group,
Inc,
(TSFR1M
+
2.500%)
7.460
%
08/27/28
$
2,452,379‌
582,281
(b)
Chariot
Buyer
LLC,
(TSFR1M
+
3.250%)
8.195
11/03/28
579,879‌
1,246,875
(b)
Closure
Systems
International
Group,
Inc,
(TSFR1M
+
4.000%)
8.845
03/22/29
1,252,592‌
970,000
(b)
Conair
Holdings
LLC,
(TSFR1M
+
3.750%)
8.710
05/17/28
892,230‌
470,428
(b)
Cornerstone
Building
Brands,
Inc,
(TSFR1M
+
3.250%)
8.447
04/12/28
461,544‌
142,433
(b)
Quikrete
Holdings,
Inc,
(TSFR1M
+
2.500%)
7.345
04/14/31
142,644‌
356,093
(b)
Resideo
Funding,
Inc,
(TSFR1M
+
2.000%)
6.855
02/11/28
357,874‌
997,500
(b)
Titan
Acquisition
Ltd,
(TSFR6M
+
5.000%)
10.326
02/15/29
993,899‌
1,415,279
(b)
TransDigm,
Inc,
(TSFR3M
+
2.750%)
7.354
03/22/30
1,416,666‌
398,417
(b)
TransDigm,
Inc,
(TSFR3M
+
2.500%)
7.104
02/28/31
397,313‌
2,500,000
(a),(b)
TransDigm,
Inc,
(TSFR1M
+
2.500%)
2.500
01/19/32
2,492,963‌
TOTAL
CAPITAL
GOODS
11,439,983‌
COMMERCIAL
&
PROFESSIONAL
SERVICES
-
0.1%
1,326,872
(b)
AlixPartners
LLP,
(TSFR1M
+
2.500%)
7.460
02/04/28
1,329,857‌
1,067,808
(b)
Camelot
US
Acquisition
LLC,
(TSFR1M
+
2.750%)
7.997
01/31/31
1,067,541‌
259,600
(b)
CHG
Healthcare
Services,
Inc,
(TSFR1M
+
3.500%)
8.460
09/29/28
259,939‌
49,826
(b)
Covanta
Holding
Corp,
(TSFR6M
+
2.500%)
7.588
11/30/28
49,923‌
648,545
(b)
Covanta
Holding
Corp,
(TSFR6M
+
2.500%)
7.588
11/30/28
649,813‌
628,805
(b)
Dun
&
Bradstreet
Corp,
(TSFR1M
+
2.750%)
7.605
01/18/29
628,981‌
964,753
(b)
EAB
Global,
Inc,
(TSFR1M
+
3.250%)
8.095
08/16/28
962,462‌
2,000,000
(a),(b)
First
Advantage
Holdings
LLC,
(TSFR1M
+
3.250%)
8.210
03/03/28
1,993,750‌
1,937,781
(b)
Prime
Security
Services
Borrower
LLC,
(TSFR1M
+
2.250%)
7.445
10/13/30
1,937,781‌
TOTAL
COMMERCIAL
&
PROFESSIONAL
SERVICES
8,880,047‌
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
-
0.1%
304,385
(b)
Avis
Budget
Car
Rental
LLC,
(TSFR1M
+
1.750%)
6.710
08/06/27
303,472‌
1,561,522
(b)
CNT
Holdings
I
Corp,
(TSFR3M
+
3.500%)
8.752
11/08/27
1,566,933‌
1,582,697
(b)
Driven
Holdings
LLC,
(TSFR1M
+
3.000%)
7.960
12/17/28
1,577,419‌
516,172
(b)
LS
Group
OpCo
Acquistion
LLC,
(TSFR1M
+
3.000%)
7.845
04/23/31
516,980‌
865,060
(b)
PetSmart
LLC,
(TSFR1M
+
3.750%)
8.695
02/11/28
858,957‌
1,995,000
(b)
Wand
NewCo
3,
Inc,
(TSFR3M
+
3.250%)
7.854
01/30/31
1,995,000‌
TOTAL
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
6,818,761‌
CONSUMER
DURABLES
&
APPAREL
-
0.1%
2,487,310
(b)
AI
Aqua
Merger
Sub,
Inc,
(TSFR1M
+
3.500%)
8.701
07/31/28
2,487,185‌
1,838,250
(b)
Hayward
Industries,
Inc,
(TSFR1M
+
2.500%)
7.460
05/30/28
1,838,250‌
625,756
(b)
Samsonite
IP
Holdings
Sarl,
(TSFR1M
+
2.000%)
6.845
06/21/30
628,757‌
283,636
(b)
SRAM
LLC,
(TSFR1M
+
2.750%)
7.710
05/18/28
283,991‌
964,350
(b)
Weber-Stephen
Products
LLC,
(TSFR1M
+
3.250%)
8.210
10/30/27
912,251‌
TOTAL
CONSUMER
DURABLES
&
APPAREL
6,150,434‌
CONSUMER
SERVICES
-
0.2%
3,776,553
(b)
1011778
BC
ULC,
(TSFR1M
+
1.750%)
6.595
09/20/30
3,744,868‌
393,949
(b)
Alterra
Mountain
Co,
(TSFR1M
+
3.250%)
8.095
08/17/28
395,344‌
1,559,250
(a),(b)
Caesars
Entertainment,
Inc,
(TSFR1M
+
2.750%)
7.595
02/06/30
1,562,291‌
1,488,375
(b)
Caesars
Entertainment,
Inc,
(TSFR1M
+
2.750%)
7.595
02/06/30
1,491,277‌
1,998,417
(b)
Carnival
Corp,
(TSFR1M
+
2.750%)
7.595
10/18/28
2,004,872‌
830,012
(b)
ClubCorp
Holdings,
Inc,
(TSFR3M
+
5.000%)
9.865
09/18/26
832,311‌
1,811,630
(b)
Fertitta
Entertainment
LLC,
(TSFR1M
+
3.750%)
8.847
01/27/29
1,808,677‌
7,136,188
(a),(b)
Flutter
Financing
BV,
(TSFR3M
+
2.000%)
6.604
11/30/30
7,152,743‌
848,914
(b)
IRB
Holding
Corp,
(TSFR1M
+
2.750%)
7.695
12/15/27
848,795‌
374,932
(b)
KFC
Holding
Co,
(TSFR1M
+
1.750%)
6.879
03/15/28
377,041‌
499,129
(b)
Light
&
Wonder
International,
Inc,
(TSFR1M
+
2.250%)
7.333
04/15/29
499,618‌
1,481,399
(b)
Motion
Finco
Sarl,
(TSFR3M
+
3.500%)
8.104
11/12/29
1,427,513‌
303,514
(b)
Penn
National
Gaming,
Inc,
(TSFR1M
+
2.750%)
7.695
05/03/29
304,558‌
Core
Bond
164
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
CONSUMER
SERVICES
(continued)
$
481,081
(b)
Spin
Holdco,
Inc,
(TSFR3M
+
4.000%)
9.256
%
03/04/28
$
423,253‌
TOTAL
CONSUMER
SERVICES
22,873,161‌
CONSUMER
STAPLES
DISTRIBUTION
&
RETAIL
-
0.0%
881,833
(b)
US
Foods,
Inc,
(TSFR1M
+
2.000%)
6.845
11/22/28
884,426‌
TOTAL
CONSUMER
STAPLES
DISTRIBUTION
&
RETAIL
884,426‌
ENERGY
-
0.0%
645,107
(b)
Buckeye
Partners
LP,
(TSFR1M
+
1.750%)
6.595
11/01/26
645,395‌
736,721
(b)
Oryx
Midstream
Services
Permian
Basin
LLC,
(TSFR1M
+
3.000%)
8.225
10/05/28
737,844‌
TOTAL
ENERGY
1,383,239‌
FINANCIAL
SERVICES
-
0.1%
883,375
(b)
Avolon
TLB
Borrower
US
LLC,
(TSFR1M
+
1.500%)
6.561
02/12/27
884,051‌
694,489
(b)
Avolon
TLB
Borrower
US
LLC,
(TSFR1M
+
2.000%)
6.961
06/22/28
696,739‌
3,820,000
(b)
Boost
Newco
Borrower
LLC,
(TSFR3M
+
2.500%)
7.104
01/31/31
3,826,360‌
1,445,165
(b)
First
Eagle
Holdings,
Inc,
(TSFR3M
+
3.000%)
7.604
03/05/29
1,434,782‌
3,419,523
(b)
Trans
Union
LLC,
(TSFR1M
+
2.000%)
6.845
12/01/28
3,421,660‌
TOTAL
FINANCIAL
SERVICES
10,263,592‌
FOOD,
BEVERAGE
&
TOBACCO
-
0.0%
594,252
(b)
Arterra
Wines
Canada,
Inc,
(TSFR3M
+
3.500%)
8.365
11/24/27
575,465‌
143,625
(b)
Froneri
US,
Inc,
(TSFR1M
+
2.250%)
7.195
01/29/27
143,518‌
1,923,262
(a),(b)
Triton
Water
Holdings,
Inc,
(TSFR3M
+
3.250%)
8.115
03/31/28
1,922,108‌
821,285
(b)
Utz
Quality
Foods
LLC,
(TSFR3M
+
2.750%)
7.354
01/20/28
823,211‌
TOTAL
FOOD,
BEVERAGE
&
TOBACCO
3,464,302‌
HEALTH
CARE
EQUIPMENT
&
SERVICES
-
0.2%
3,652,088
(b)
Bausch
&
Lomb
Corp,
(TSFR1M
+
3.250%)
8.270
05/10/27
3,643,468‌
653,363
(b)
Element
Materials
Technology
Group
US
Holdings,
Inc,
(TSFR3M
+
3.750%)
8.354
07/06/29
655,816‌
390,019
(b)
Global
Medical
Response,
Inc,
(TSFR1M
+
4.750%)
9.711
10/31/28
388,405‌
2,947,103
(b)
ICU
Medical,
Inc,
(TSFR3M
+
2.500%)
7.254
01/08/29
2,948,533‌
3,855,664
(a),(b)
Medline
Borrower
LP,
(TSFR1M
+
2.750%)
7.595
10/23/28
3,861,582‌
1,862,438
(b)
Onex
TSG
Intermediate
Corp,
(TSFR1M
+
4.750%)
9.710
02/28/28
1,863,015‌
2,457,675
(b)
Phoenix
Guarantor,
Inc,
(TSFR1M
+
3.250%)
8.095
02/21/31
2,453,829‌
3,297,064
(b)
Phoenix
Newco,
Inc,
(TSFR1M
+
3.000%)
7.845
11/15/28
3,301,432‌
523,514
(b)
Select
Medical
Corp,
(TSFR1M
+
3.000%)
7.845
03/06/27
526,238‌
1,955,563
(b)
Surgery
Center
Holdings,
Inc,
(TSFR1M
+
2.750%)
7.670
12/19/30
1,959,083‌
TOTAL
HEALTH
CARE
EQUIPMENT
&
SERVICES
21,601,401‌
HOUSEHOLD
&
PERSONAL
PRODUCTS
-
0.0%
3,770,529
(b),(c)
Kronos
Acquisition
Holdings,
Inc,
(TSFR3M
+
4.000%)
9.314
07/08/31
3,600,855‌
TOTAL
HOUSEHOLD
&
PERSONAL
PRODUCTS
3,600,855‌
INSURANCE
-
0.2%
660,265
(b)
Acrisure
LLC,
(TSFR1M
+
3.000%)
7.961
11/06/30
655,108‌
415,501
(b)
Asurion
LLC,
(TSFR1M
+
3.250%)
8.611
12/23/26
415,638‌
2,473,526
(b)
BroadStreet
Partners,
Inc,
(TSFR1M
+
3.250%)
8.095
06/13/31
2,466,514‌
4,018,318
(a),(b)
HUB
International
Ltd,
(TSFR3M
+
3.000%)
8.255
06/20/30
4,016,992‌
943,278
(b)
Ryan
Specialty
LLC,
(TSFR1M
+
2.250%)
7.095
09/15/31
944,457‌
3,703,873
(a),(b)
Sedgwick
Claims
Management
Services,
Inc,
(TSFR3M
+
3.000%)
8.252
07/31/31
3,701,206‌
2,000,000
(b)
Truist
Insurance
Holdings
LLC,
(TSFR3M
+
3.250%)
7.854
05/06/31
2,000,210‌
1,970,088
(b)
USI,
Inc,
(TSFR3M
+
2.750%)
7.354
11/22/29
1,966,532‌
1,985,013
(b)
USI,
Inc,
(TSFR3M
+
2.750%)
7.354
09/27/30
1,981,291‌
TOTAL
INSURANCE
18,147,948‌
MATERIALS
-
0.1%
647,684
(b)
Asplundh
Tree
Expert
LLC,
(TSFR1M
+
1.750%)
6.695
09/07/27
648,989‌
1,652,072
(b)
Clydesdale
Acquisition
Holdings,
Inc,
(TSFR1M
+
3.175%)
8.020
04/13/29
1,645,464‌
1,183,400
(b)
Ecovyst
Catalyst
Technologies
LLC,
(TSFR3M
+
2.250%)
7.502
06/12/31
1,177,761‌
197,508
(b)
H.B.
Fuller
Co,
(TSFR1M
+
2.000%)
6.845
02/15/30
198,126‌
973,329
(b)
INEOS
US
Petrochem
LLC,
(TSFR1M
+
4.250%)
9.195
04/02/29
974,852‌
942,101
(b)
Kloeckner
Pentaplast
of
America,
Inc,
(TSFR6M
+
4.725%)
9.723
02/12/26
889,763‌
2,868,751
(b)
TricorBraun
Holdings,
Inc,
(TSFR1M
+
3.250%)
8.210
03/03/28
2,817,659‌
130,769
(a),(b)
USALCO
LLC,
(TSFR1M
+
4.000%)
0.000
09/17/31
131,464‌
1,269,231
(a),(b)
USALCO
LLC,
(TSFR1M
+
4.000%)
4.000
09/17/31
1,275,977‌
165
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MATERIALS
(continued)
$
141,013
(b)
WR
Grace
Holdings
LLC,
(TSFR3M
+
3.250%)
7.854
%
09/22/28
$
141,541‌
TOTAL
MATERIALS
9,901,596‌
MEDIA
&
ENTERTAINMENT
-
0.0%
476,681
(b)
Altice
Financing
S.A.,
(TSFR3M
+
2.750%)
8.313
01/30/26
465,956‌
351,492
(b)
DIRECTV
Financing
LLC,
(TSFR1M
+
5.000%)
9.960
08/02/27
352,137‌
179,040
(b)
Lions
Gate
Capital
Holdings
LLC,
(TSFR1M
+
2.250%)
7.195
03/24/25
179,207‌
127,619
(b)
Univision
Communications,
Inc,
(TSFR1M
+
3.250%)
8.210
03/15/26
127,735‌
TOTAL
MEDIA
&
ENTERTAINMENT
1,125,035‌
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
-
0.1%
1,252,666
(b)
Avantor
Funding,
Inc,
(TSFR1M
+
2.000%)
6.945
11/08/27
1,261,102‌
940,631
(b)
Catalent
Pharma
Solutions,
Inc,
(TSFR1M
+
2.000%)
7.034
02/22/28
941,073‌
1,341,594
(b)
Elanco
Animal
Health
Inc,
(TSFR1M
+
1.750%)
1.750
08/01/27
1,340,017‌
205,381
(b)
Grifols
Worldwide
Operations
USA,
Inc,
(TSFR3M
+
2.000%)
7.402
11/15/27
199,990‌
4,353,358
(b)
Jazz
Financing
Lux
Sarl,
(TSFR1M
+
2.250%)
7.095
05/05/28
4,353,750‌
2,527,710
(b)
Organon
&
Co,
(TSFR1M
+
2.500%)
7.465
05/19/31
2,527,710‌
208,337
(b)
Perrigo
Investments
LLC,
(TSFR1M
+
2.250%)
7.195
04/20/29
208,511‌
TOTAL
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
10,832,153‌
REAL
ESTATE
MANAGEMENT
&
DEVELOPMENT
-
0.0%
11,352
(b)
Cushman
&
Wakefield
plc,
(TSFR1M
+
3.000%)
7.845
01/31/30
11,377‌
463,812
(b)
Cushman
&
Wakefield
US
Borrower
LLC,
(TSFR1M
+
3.000%)
7.845
01/31/30
464,392‌
TOTAL
REAL
ESTATE
MANAGEMENT
&
DEVELOPMENT
475,769‌
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
-
0.0%
5,606
(b)
Bright
Bidco
BV,
(TSFR3M
+
1.000%)
6.252
10/31/27
2,736‌
2,500,000
(a),(b)
Icon
Parent,
Inc,
(TSFR3M
+
2.000%)
6.604
07/03/28
2,483,588‌
TOTAL
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
2,486,324‌
SOFTWARE
&
SERVICES
-
0.3%
145,502
(b)
Avaya,
Inc,
(TSFR1M
+
7.500%)
12.345
08/01/28
129,081‌
2,958,783
(b)
Boxer
Parent
Co,
Inc,
(TSFR3M
+
3.750%)
9.005
07/30/31
2,956,431‌
646,713
(b)
CCC
Intelligent
Solutions,
Inc,
(TSFR1M
+
2.250%)
7.210
09/21/28
647,683‌
1,990,000
(b)
Cotiviti,
Inc,
(TSFR1M
+
3.250%)
8.563
04/30/31
1,991,244‌
2,187,220
(b)
Ellucian
Holdings,
Inc,
(TSFR1M
+
3.500%)
8.445
10/09/29
2,195,247‌
131,241
(a),(b)
Epicor
Software
Corp,
(TSFR3M
+
3.250%)
1.000
05/30/31
131,493‌
2,002,123
(a),(b)
Epicor
Software
Corp,
(TSFR1M
+
3.250%)
8.095
05/30/31
2,005,977‌
3,127,036
(b)
Gen
Digital,
Inc,
(TSFR1M
+
1.750%)
6.595
09/12/29
3,120,438‌
828,750
(b)
Informatica
LLC,
(TSFR1M
+
2.250%)
7.095
10/27/28
828,920‌
1,964,736
(b)
Instructure
Holdings,
Inc,
(TSFR3M
+
2.750%)
8.074
10/30/28
1,968,419‌
3,000,000
(a),(b)
Mitchell
International,
Inc,
(TSFR1M
+
3.250%)
8.095
06/17/31
2,959,635‌
2,715,190
(b)
Open
Text
Corp,
(TSFR1M
+
2.250%)
7.095
01/31/30
2,728,304‌
604,355
(b)
Peraton
Corp,
(TSFR1M
+
3.750%)
8.695
02/01/28
582,889‌
558,374
(b)
Rackspace
Finance
LLC,
(TSFR1M
+
2.750%)
7.982
05/15/28
311,645‌
121,623
(b)
Rackspace
Finance
LLC,
(TSFR1M
+
6.250%)
11.483
05/15/28
123,739‌
460,750
(b)
RealPage,
Inc,
(TSFR1M
+
3.000%)
7.960
04/24/28
447,849‌
1,500,000
(a),(b)
Synechron,
Inc,
(TSFR1M
+
3.750%)
3.750
09/26/31
1,488,750‌
1,524,813
(b)
UKG,
Inc,
(TSFR3M
+
3.250%)
8.555
02/10/31
1,526,719‌
332,042
(b)
West
Technology
Group
LLC,
(TSFR3M
+
4.000%)
9.502
04/10/27
295,435‌
2,487,500
(b)
Zelis
Payments
Buyer,
Inc,
(TSFR1M
+
2.750%)
7.595
09/28/29
2,488,930‌
TOTAL
SOFTWARE
&
SERVICES
28,928,828‌
TECHNOLOGY
HARDWARE
&
EQUIPMENT
-
0.0%
500,331
(b)
CommScope,
Inc,
(TSFR1M
+
3.250%)
8.210
04/06/26
485,841‌
2,000,000
(a),(b)
Delta
Topco,
Inc,
(TSFR6M
+
3.500%)
8.198
11/30/29
1,999,310‌
209,597
(b)
Ingram
Micro,
Inc,
(TSFR1M
+
2.750%)
7.564
07/03/28
209,860‌
605,688
(b)
MLN
US
Holdco
LLC,
(TSFR3M
+
6.700%)
12.079
10/18/27
36,341‌
379,683
(b)
MLN
US
Holdco
LLC,
(TSFR3M
+
6.700%)
12.079
10/18/27
41,767‌
TOTAL
TECHNOLOGY
HARDWARE
&
EQUIPMENT
2,773,119‌
TELECOMMUNICATION
SERVICES
-
0.0%
1,145,060
(b)
Altice
France
S.A.,
(TSFR1M
+
3.688%)
3.688
01/31/26
982,249‌
192,500
(b)
Cablevision
Lightpath
LLC,
(TSFR1M
+
3.250%)
8.461
11/30/27
192,439‌
940,000
(b)
Coral-US
Co-Borrower
LLC,
(TSFR1M
+
3.000%)
8.211
10/15/29
936,085‌
Core
Bond
166
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
TELECOMMUNICATION
SERVICES
(continued)
$
187,000
(b)
Virgin
Media
Bristol
LLC,
(TSFR1M
+
2.500%)
7.711
%
01/31/28
$
179,208‌
TOTAL
TELECOMMUNICATION
SERVICES
2,289,981‌
TRANSPORTATION
-
0.0%
1,621,850
(b)
Air
Canada,
(TSFR3M
+
2.500%)
7.253
03/21/31
1,627,932‌
562,500
(b)
American
Airlines,
Inc,
(TSFR3M
+
4.750%)
10.294
04/20/28
579,139‌
109,619
(b)
SkyMiles
IP
Ltd,
(TSFR3M
+
3.750%)
9.032
10/20/27
111,783‌
642,032
(b)
XPO,
Inc,
(TSFR1M
+
2.000%)
6.845
05/24/28
644,892‌
TOTAL
TRANSPORTATION
2,963,746‌
UTILITIES
-
0.1%
653,019
(b)
Calpine
Corp
7.3224
12/16/2027,
(TSFR1M
+
2.000%)
6.845
12/16/27
651,184‌
439,875
(b)
Energizer
Holdings,
Inc,
(TSFR1M
+
2.000%)
6.920
12/22/27
440,975‌
427,662
(b)
Talen
Energy
Supply
LLC,
(TSFR3M
+
3.500%)
8.596
05/17/30
429,508‌
2,372,197
(b)
Talen
Energy
Supply
LLC,
(TSFR3M
+
3.500%)
8.596
05/17/30
2,382,433‌
878,098
(b)
Vistra
Operations
Co
LLC,
(TSFR1M
+
2.000%)
6.845
12/20/30
879,152‌
TOTAL
UTILITIES
4,783,252‌
TOTAL
BANK
LOAN
OBLIGATIONS
(Cost
$182,804,647)
182,067,952‌
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
CORPORATE
BONDS
-
34.2%
AUTOMOBILES
&
COMPONENTS
-
1.0%
4,500,000
(d)
Adient
Global
Holdings
Ltd
4.875
08/15/26
4,458,402‌
2,060,000
(d)
Clarios
Global
LP
6.750
05/15/28
2,123,353‌
225,000
Dana,
Inc
5.375
11/15/27
223,424‌
225,000
(e)
Dana,
Inc
5.625
06/15/28
220,606‌
325,000
Dana,
Inc
4.250
09/01/30
291,813‌
7,075,000
Ford
Motor
Credit
Co
LLC
6.950
03/06/26
7,240,929‌
7,920,000
Ford
Motor
Credit
Co
LLC
7.350
03/06/30
8,577,027‌
4,000,000
(d)
Ford
Otomotiv
Sanayi
AS.
7.125
04/25/29
4,135,360‌
4,150,000
General
Motors
Co
6.125
10/01/25
4,189,337‌
4,390,000
General
Motors
Financial
Co,
Inc
2.750
06/20/25
4,319,481‌
1,400,000
General
Motors
Financial
Co,
Inc
6.050
10/10/25
1,417,186‌
10,900,000
General
Motors
Financial
Co,
Inc
5.000
04/09/27
11,020,481‌
3,550,000
General
Motors
Financial
Co,
Inc
5.850
04/06/30
3,699,626‌
2,000,000
General
Motors
Financial
Co,
Inc
5.750
02/08/31
2,067,881‌
12,200,000
General
Motors
Financial
Co,
Inc
2.700
06/10/31
10,513,103‌
9,350,000
General
Motors
Financial
Co,
Inc
5.600
06/18/31
9,600,597‌
3,450,000
General
Motors
Financial
Co,
Inc
5.700
N/A(f)
3,376,279‌
2,000,000
General
Motors
Financial
Co,
Inc
5.750
N/A(f)
1,955,891‌
2,000,000
Goodyear
Tire
&
Rubber
Co
5.000
07/15/29
1,839,456‌
5,000,000
Goodyear
Tire
&
Rubber
Co
5.250
04/30/31
4,513,656‌
3,000,000
(d)
Hyundai
Capital
Services,
Inc
2.125
04/24/25
2,955,478‌
2,000,000
(d),(g)
IHO
Verwaltungs
GmbH
4.750
09/15/26
1,958,111‌
500,000
(d),(g)
IHO
Verwaltungs
GmbH
6.375
05/15/29
489,455‌
2,000,000
(d)
Nemak
SAB
de
C.V.
3.625
06/28/31
1,623,921‌
1,360,000
(d)
Phinia,
Inc
6.625
10/15/32
1,371,228‌
4,575,000
Toyota
Motor
Credit
Corp
4.550
08/08/29
4,648,484‌
2,575,000
(d)
Volkswagen
Group
of
America
Finance
LLC
1.625
11/24/27
2,357,746‌
750,000
(d)
ZF
North
America
Capital,
Inc
6.875
04/14/28
757,061‌
3,665,000
ZF
North
America
Capital,
Inc
6.750
04/23/30
3,696,222‌
TOTAL
AUTOMOBILES
&
COMPONENTS
105,641,594‌
BANKS
-
7.6%
1,350,000
(d)
Akbank
T.A.S.
6.800
02/06/26
1,376,325‌
1,500,000
(d)
Akbank
T.A.S.
6.800
06/22/31
1,498,104‌
1,500,000
(d)
Akbank
TAS
7.498
01/20/30
1,547,250‌
2,995,000
(d)
Australia
&
New
Zealand
Banking
Group
Ltd
2.950
07/22/30
2,942,697‌
5,000,000
(d)
Australia
&
New
Zealand
Banking
Group
Ltd
6.750
N/A(f)
5,120,380‌
3,800,000
Banco
Bilbao
Vizcaya
Argentaria
S.A.
9.375
N/A(f)
4,195,356‌
2,100,000
(d)
Banco
de
Credito
del
Peru
2.700
01/11/25
2,082,636‌
1,012,000
(d)
Banco
de
Credito
e
Inversiones
S.A.
2.875
10/14/31
903,183‌
700,000
(d)
Banco
de
Credito
e
Inversiones
S.A.
8.750
N/A(f)
753,730‌
1,800,000
(d)
Banco
del
Estado
de
Chile
7.950
N/A(f)
1,933,235‌
167
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
BANKS
-
7.6%
(continued)
$
2,000,000
(d),(e)
Banco
do
Brasil
S.A.
6.000
%
03/18/31
$
2,045,482‌
1,725,000
(d)
Banco
Industrial
S.A.
4.875
01/29/31
1,698,056‌
3,300,000
(d)
Banco
Internacional
del
Peru
SAA
Interbank
4.000
07/08/30
3,246,306‌
2,725,000
(d)
Banco
Nacional
de
Comercio
Exterior
SNC
2.720
08/11/31
2,486,201‌
4,000,000
Banco
Santander
S.A.
5.294
08/18/27
4,091,422‌
4,200,000
Banco
Santander
S.A.
3.800
02/23/28
4,106,117‌
5,200,000
Banco
Santander
S.A.
6.350
03/14/34
5,568,357‌
7,400,000
Banco
Santander
S.A.
9.625
N/A(f)
8,699,763‌
5,400,000
Banco
Santander
S.A.
4.750
N/A(f)
5,140,686‌
1,825,000
Bancolombia
S.A.
4.625
12/18/29
1,806,417‌
2,600,000
Bancolombia
S.A.
8.625
12/24/34
2,791,230‌
1,800,000
(d)
Bangkok
Bank
PCL
5.650
07/05/34
1,891,183‌
2,600,000
(d)
Bangkok
Bank
PCL
3.466
09/23/36
2,292,527‌
2,500,000
(d)
Banistmo
S.A.
4.250
07/31/27
2,417,462‌
4,000,000
(d)
Bank
Hapoalim
BM
3.255
01/21/32
3,707,760‌
8,000,000
(d)
Bank
Leumi
Le-Israel
BM
3.275
01/29/31
7,592,960‌
10,000,000
Bank
of
America
Corp
4.000
01/22/25
9,969,562‌
1,000,000
Bank
of
America
Corp
4.450
03/03/26
1,001,372‌
23,880,000
Bank
of
America
Corp
2.592
04/29/31
21,655,392‌
57,500,000
Bank
of
America
Corp
5.288
04/25/34
59,781,464‌
10,000,000
Bank
of
America
Corp
5.468
01/23/35
10,516,041‌
8,925,000
Bank
of
America
Corp
2.676
06/19/41
6,710,509‌
1,150,000
Bank
of
America
Corp
4.375
N/A(f)
1,113,230‌
14,700,000
Bank
of
America
Corp
6.100
N/A(f)
14,720,301‌
600,000
Barclays
plc
2.279
11/24/27
572,142‌
4,700,000
Barclays
plc
3.330
11/24/42
3,623,581‌
8,725,000
Barclays
plc
9.625
N/A(f)
9,823,600‌
455,000
(d)
BBVA
Bancomer
S.A.
5.350
11/12/29
452,898‌
3,350,000
(d)
BBVA
Bancomer
S.A.
5.125
01/18/33
3,186,805‌
5,550,000
(d)
BNP
Paribas
S.A.
2.819
11/19/25
5,528,767‌
5,895,000
(d)
BNP
Paribas
S.A.
1.904
09/30/28
5,476,804‌
5,000,000
(d)
BNP
Paribas
S.A.
8.000
N/A(f)
5,335,340‌
16,225,000
(d)
BNP
Paribas
S.A.
7.750
N/A(f)
17,092,080‌
7,906,000
(d)
BNP
Paribas
S.A.
7.375
N/A(f)
7,977,012‌
13,275,000
CitiBank
NA
5.570
04/30/34
14,161,812‌
4,025,000
Citigroup,
Inc
3.200
10/21/26
3,942,385‌
2,200,000
Citigroup,
Inc
4.300
11/20/26
2,197,768‌
5,150,000
Citigroup,
Inc
4.125
07/25/28
5,108,260‌
7,800,000
(e)
Citigroup,
Inc
4.542
09/19/30
7,809,046‌
20,000,000
Citigroup,
Inc
2.572
06/03/31
17,998,263‌
8,150,000
Citigroup,
Inc
4.910
05/24/33
8,214,907‌
23,500,000
Citigroup,
Inc
6.270
11/17/33
25,815,122‌
4,900,000
Citigroup,
Inc
6.250
N/A(f)
4,974,622‌
8,425,000
Citigroup,
Inc
7.625
N/A(f)
9,001,051‌
7,500,000
Citigroup,
Inc
4.000
N/A(f)
7,342,907‌
6,315,000
(d)
Cooperatieve
Rabobank
UA
1.339
06/24/26
6,154,487‌
4,175,000
Cooperatieve
Rabobank
UA
3.750
07/21/26
4,112,494‌
11,275,000
(a),(d)
Credit
Agricole
S.A.
6.700
N/A(f)
11,255,724‌
12,000,000
(d)
Credit
Agricole
S.A.
8.125
N/A(f)
12,345,000‌
4,050,000
Deutsche
Bank
AG.
5.371
09/09/27
4,168,026‌
3,750,000
Deutsche
Bank
AG.
2.311
11/16/27
3,567,606‌
5,450,000
Deutsche
Bank
AG.
6.819
11/20/29
5,866,734‌
7,075,000
Deutsche
Bank
AG.
4.999
09/11/30
7,113,180‌
6,400,000
Deutsche
Bank
AG.
6.000
N/A(f)
6,257,411‌
700,000
(d)
Development
Bank
of
Kazakhstan
JSC
2.950
05/06/31
601,192‌
1,675,000
(d)
Grupo
Aval
Ltd
4.375
02/04/30
1,491,557‌
2,160,000
(d)
Hana
Bank
3.500
N/A(f)
2,064,917‌
11,915,000
HSBC
Holdings
plc
4.292
09/12/26
11,860,540‌
1,850,000
HSBC
Holdings
plc
2.013
09/22/28
1,726,075‌
6,800,000
HSBC
Holdings
plc
7.390
11/03/28
7,361,667‌
3,850,000
HSBC
Holdings
plc
3.973
05/22/30
3,751,370‌
4,430,000
HSBC
Holdings
plc
2.848
06/04/31
4,032,680‌
Core
Bond
168
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
BANKS
-
7.6%
(continued)
$
590,000
HSBC
Holdings
plc
6.800
%
06/01/38
$
665,574‌
8,050,000
HSBC
Holdings
plc
6.875
N/A(f)
8,292,361‌
6,400,000
HSBC
Holdings
plc
6.950
N/A(f)
6,592,099‌
10,000,000
(e)
HSBC
Holdings
plc
8.000
N/A(f)
10,716,230‌
UGX
8,000,000,000
(d)
ICBC
Standard
Bank
plc
14.250
06/26/34
1,864,006‌
2,875,000
(d)
ICICI
Bank
Ltd
3.800
12/14/27
2,822,917‌
8,225,000
(d)
ING
Groep
NV
1.400
07/01/26
8,019,720‌
400,000
ING
Groep
NV
3.950
03/29/27
396,827‌
11,000,000
ING
Groep
NV
6.500
N/A(f)
11,009,207‌
3,000,000
(d)
Intercorp
Financial
Services,
Inc
4.125
10/19/27
2,898,453‌
4,500,000
(d),(e)
Intesa
Sanpaolo
SpA
7.700
N/A(f)
4,494,512‌
2,500,000
JPMorgan
Chase
&
Co
3.200
06/15/26
2,463,355‌
3,525,000
JPMorgan
Chase
&
Co
4.323
04/26/28
3,532,038‌
10,905,000
JPMorgan
Chase
&
Co
3.702
05/06/30
10,606,489‌
10,000,000
JPMorgan
Chase
&
Co
4.995
07/22/30
10,282,257‌
3,810,000
JPMorgan
Chase
&
Co
1.953
02/04/32
3,273,810‌
10,000,000
JPMorgan
Chase
&
Co
4.912
07/25/33
10,213,788‌
29,425,000
JPMorgan
Chase
&
Co
5.350
06/01/34
30,790,770‌
5,625,000
JPMorgan
Chase
&
Co
6.254
10/23/34
6,256,078‌
20,000,000
JPMorgan
Chase
&
Co
5.766
04/22/35
21,552,354‌
5,000,000
JPMorgan
Chase
&
Co
5.294
07/22/35
5,214,669‌
3,275,000
JPMorgan
Chase
&
Co
2.525
11/19/41
2,416,476‌
14,550,000
JPMorgan
Chase
&
Co
3.157
04/22/42
11,672,210‌
700,000
JPMorgan
Chase
&
Co
4.260
02/22/48
634,765‌
13,200,000
JPMorgan
Chase
&
Co
6.100
N/A(f)
13,200,000‌
12,500,000
JPMorgan
Chase
&
Co
6.875
N/A(f)
13,403,638‌
7,380,000
JPMorgan
Chase
&
Co
3.650
N/A(f)
7,139,721‌
9,800,000
Lloyds
Banking
Group
plc
7.500
N/A(f)
9,889,601‌
5,000,000
(e)
Lloyds
Banking
Group
plc
8.000
N/A(f)
5,356,835‌
7,150,000
M&T
Bank
Corp
3.500
N/A(f)
6,347,606‌
7,200,000
Mitsubishi
UFJ
Financial
Group,
Inc
2.193
02/25/25
7,120,525‌
3,000,000
(d)
Mizrahi
Tefahot
Bank
Ltd
3.077
04/07/31
2,815,350‌
8,000,000
(d)
NBK
SPC
Ltd
1.625
09/15/27
7,539,776‌
3,000,000
(d)
NBK
Tier  Financing
Ltd
3.625
N/A(f)
2,863,830‌
5,470,000
(d)
Nordea
Bank
Abp
6.625
N/A(f)
5,536,761‌
4,720,000
PNC
Bank
NA
2.700
10/22/29
4,323,520‌
4,105,000
PNC
Financial
Services
Group,
Inc
3.400
N/A(f)
3,749,142‌
6,000,000
PNC
Financial
Services
Group,
Inc
6.200
N/A(f)
6,107,982‌
2,070,000
(d)
Societe
Generale
S.A.
1.375
07/08/25
2,017,940‌
4,250,000
(d)
Societe
Generale
S.A.
7.132
01/19/55
4,330,693‌
4,600,000
Sumitomo
Mitsui
Financial
Group,
Inc
1.474
07/08/25
4,493,798‌
1,300,000
Toronto-Dominion
Bank
3.625
09/15/31
1,275,677‌
1,960,000
Truist
Bank
2.250
03/11/30
1,728,998‌
7,000,000
Truist
Financial
Corp
4.950
N/A(f)
6,934,324‌
4,500,000
Truist
Financial
Corp
5.100
N/A(f)
4,420,226‌
1,500,000
(d)
Turkiye
Garanti
Bankasi
AS.
7.177
05/24/27
1,518,756‌
675,000
(d)
Turkiye
Garanti
Bankasi
AS.
8.375
02/28/34
692,579‌
500,000
(d)
Turkiye
Vakiflar
Bankasi
TAO
8.994
10/05/34
522,300‌
3,000,000
(d)
United
Overseas
Bank
Ltd
1.250
04/14/26
2,873,652‌
3,700,000
(d)
United
Overseas
Bank
Ltd
2.000
10/14/31
3,505,855‌
3,400,000
US
Bancorp
4.839
02/01/34
3,397,609‌
3,425,000
Wells
Fargo
&
Co
3.550
09/29/25
3,395,787‌
10,475,000
Wells
Fargo
&
Co
2.393
06/02/28
9,959,808‌
7,900,000
Wells
Fargo
&
Co
6.303
10/23/29
8,452,644‌
10,575,000
Wells
Fargo
&
Co
3.900
N/A(f)
10,277,904‌
9,500,000
Wells
Fargo
&
Co
5.875
N/A(f)
9,528,282‌
6,825,000
(e)
Wells
Fargo
&
Co
7.625
N/A(f)
7,432,657‌
TOTAL
BANKS
825,603,269‌
CAPITAL
GOODS
-
1.4%
1,000,000
AECOM
5.125
03/15/27
1,004,344‌
4,500,000
(d)
AerCap
Global
Aviation
6.500
06/15/45
4,492,981‌
4,350,000
Air
Lease
Corp
3.125
12/01/30
3,980,544‌
169
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
CAPITAL
GOODS
-
1.4%
(continued)
$
2,430,000
(d)
Airbus
SE
3.150
%
04/10/27
$
2,378,690‌
1,395,000
(d)
Albion
Financing
1
SARL
6.125
10/15/26
1,399,513‌
650,000
(d)
BAE
Systems
plc
1.900
02/15/31
555,199‌
705,000
(d)
Beacon
Roofing
Supply,
Inc
6.500
08/01/30
729,668‌
22,400,000
Boeing
Co
2.196
02/04/26
21,570,952‌
1,350,000
Boeing
Co
3.250
02/01/28
1,279,129‌
3,600,000
Boeing
Co
5.705
05/01/40
3,512,488‌
12,100,000
Boeing
Co
5.805
05/01/50
11,690,035‌
1,160,000
(d)
Chart
Industries,
Inc
7.500
01/01/30
1,222,554‌
1,075,000
(d)
Embraer
Netherlands
Finance
BV
7.000
07/28/30
1,170,705‌
400,000
(d)
Esab
Corp
6.250
04/15/29
410,823‌
3,075,000
(d)
H&E
Equipment
Services,
Inc
3.875
12/15/28
2,886,944‌
665,000
(d)
Herc
Holdings,
Inc
6.625
06/15/29
688,790‌
5,000,000
Honeywell
International,
Inc
5.000
03/01/35
5,204,545‌
9,200,000
Honeywell
International,
Inc
5.250
03/01/54
9,595,271‌
675,000
(d)
James
Hardie
International
Finance
DAC
5.000
01/15/28
667,292‌
7,145,000
John
Deere
Capital
Corp
2.000
06/17/31
6,236,182‌
15,000,000
John
Deere
Capital
Corp
4.400
09/08/31
15,105,953‌
6,450,000
L3Harris
Technologies,
Inc
5.400
07/31/33
6,737,330‌
5,000,000
L3Harris
Technologies,
Inc
5.350
06/01/34
5,201,606‌
850,000
Lockheed
Martin
Corp
1.850
06/15/30
752,663‌
2,850,000
Lockheed
Martin
Corp
5.200
02/15/64
2,949,953‌
595,000
(d)
Masterbrand,
Inc
7.000
07/15/32
623,463‌
280,000
(d)
MITER
BRAND
6.750
04/01/32
290,255‌
5,775,000
Northrop
Grumman
Corp
3.250
01/15/28
5,611,853‌
10,675,000
Raytheon
Technologies
Corp
4.125
11/16/28
10,648,144‌
6,500,000
Raytheon
Technologies
Corp
6.000
03/15/31
7,069,447‌
1,675,000
(d)
Sisecam
UK
plc
8.625
05/02/32
1,722,202‌
2,000,000
(d)
Sociedad
Quimica
y
Minera
de
Chile
S.A.
4.250
05/07/29
1,962,999‌
1,800,000
(d)
Sociedad
Quimica
y
Minera
de
Chile
S.A.
6.500
11/07/33
1,941,023‌
2,500,000
(d)
Sociedad
Quimica
y
Minera
de
Chile
S.A.
3.500
09/10/51
1,767,023‌
500,000
Trane
Technologies
Global
Holding
Co
Ltd
3.750
08/21/28
493,280‌
3,750,000
Trane
Technologies
Luxembourg
Finance
S.A.
3.800
03/21/29
3,696,387‌
1,575,000
(d)
TransDigm,
Inc
6.875
12/15/30
1,649,302‌
1,470,000
(d)
TransDigm,
Inc
6.000
01/15/33
1,490,822‌
525,000
Tyco
Electronics
Group
S.A.
3.700
02/15/26
521,142‌
425,000
(d)
WESCO
Distribution,
Inc
7.250
06/15/28
435,196‌
1,595,000
(d)
Windsor
Holdings
III
LLC
8.500
06/15/30
1,706,136‌
TOTAL
CAPITAL
GOODS
153,052,828‌
COMMERCIAL
&
PROFESSIONAL
SERVICES
-
0.2%
1,655,000
(d)
ADT
Corp
4.875
07/15/32
1,580,773‌
325,000
(d)
ASGN,
Inc
4.625
05/15/28
315,661‌
1,000,000
(d)
Garda
World
Security
Corp
4.625
02/15/27
981,833‌
1,000,000
(d)
GFL
Environmental,
Inc
3.750
08/01/25
991,976‌
125,000
(d)
GFL
Environmental,
Inc
5.125
12/15/26
124,706‌
1,035,000
(d)
GTCR
W-2
MERGER
SUB
LLC
7.500
01/15/31
1,110,604‌
2,125,000
(d)
Prime
Security
Services
Borrower
LLC
5.750
04/15/26
2,134,699‌
1,300,000
(d)
Prime
Security
Services
Borrower
LLC
3.375
08/31/27
1,235,230‌
2,655,000
(d)
Prime
Security
Services
Borrower
LLC
6.250
01/15/28
2,655,714‌
2,225,000
Republic
Services,
Inc
2.900
07/01/26
2,179,574‌
420,000
Verisk
Analytics,
Inc
3.625
05/15/50
320,375‌
1,235,000
Waste
Management,
Inc
1.500
03/15/31
1,045,227‌
1,500,000
Waste
Management,
Inc
2.500
11/15/50
981,165‌
TOTAL
COMMERCIAL
&
PROFESSIONAL
SERVICES
15,657,537‌
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
-
0.4%
2,670,000
(d)
Asbury
Automotive
Group,
Inc
4.625
11/15/29
2,546,371‌
755,000
(d)
Asbury
Automotive
Group,
Inc
5.000
02/15/32
715,951‌
925,000
(d)
Bath
&
Body
Works,
Inc
6.625
10/01/30
942,981‌
550,000
(d)
Group
1
Automotive,
Inc
4.000
08/15/28
524,748‌
6,975,000
Home
Depot,
Inc
4.950
06/25/34
7,251,398‌
636,000
Kohl's
Corp
4.625
05/01/31
535,608‌
800,000
(d)
LCM
Investments
Holdings
II
LLC
4.875
05/01/29
768,694‌
Core
Bond
170
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
-
0.4%
(continued)
$
790,000
(d)
LCM
Investments
Holdings
II
LLC
8.250
%
08/01/31
$
838,838‌
850,000
(d)
Lithia
Motors,
Inc
4.625
12/15/27
831,082‌
7,450,000
Lowe's
Cos,
Inc
4.250
04/01/52
6,307,521‌
2,450,000
(d)
Macy's
Retail
Holdings
LLC
6.125
03/15/32
2,374,636‌
4,900,000
(d)
Magic
Mergeco,
Inc
5.250
05/01/28
3,616,735‌
4,215,000
O'Reilly
Automotive,
Inc
3.550
03/15/26
4,168,977‌
2,175,000
O'Reilly
Automotive,
Inc
3.600
09/01/27
2,140,059‌
2,100,000
O'Reilly
Automotive,
Inc
4.200
04/01/30
2,083,136‌
9,530,000
O'Reilly
Automotive,
Inc
1.750
03/15/31
8,072,816‌
437,000
(d)
Prosus
NV
4.850
07/06/27
437,359‌
1,425,000
(d)
Prosus
NV
4.193
01/19/32
1,335,749‌
1,675,000
(d)
Prosus
NV
4.987
01/19/52
1,414,407‌
460,000
(d)
Wand
NewCo
3,
Inc
7.625
01/30/32
484,609‌
335,000
(a),(d)
Wayfair
LLC
7.250
10/31/29
343,194‌
TOTAL
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
47,734,869‌
CONSUMER
DURABLES
&
APPAREL
-
0.1%
1,000,000
(a),(d)
CD&R
Smokey
Buyer,
Inc
9.500
10/15/29
1,000,950‌
5,000,000
Lennar
Corp
5.000
06/15/27
5,080,534‌
1,175,000
(e)
Newell
Brands,
Inc
6.375
09/15/27
1,188,401‌
TOTAL
CONSUMER
DURABLES
&
APPAREL
7,269,885‌
CONSUMER
SERVICES
-
0.3%
1,035,000
(d)
1011778
BC
ULC
6.125
06/15/29
1,064,766‌
2,000,000
(d)
CDI
Escrow
Issuer,
Inc
5.750
04/01/30
2,002,191‌
3,285,000
(d)
Churchill
Downs,
Inc
6.750
05/01/31
3,392,281‌
1,960,000
(d)
Flutter
Treasury
Designated
Activity
Co
6.375
04/29/29
2,029,431‌
3,500,000
(d)
Genm
Capital
Labuan
Ltd
3.882
04/19/31
3,183,785‌
125,000
(d)
Hilton
Domestic
Operating
Co,
Inc
5.750
05/01/28
125,548‌
2,990,000
(d)
Hilton
Domestic
Operating
Co,
Inc
5.875
04/01/29
3,065,485‌
2,200,000
(d)
Hilton
Domestic
Operating
Co,
Inc
3.625
02/15/32
1,987,532‌
2,455,000
(d)
Hilton
Grand
Vacations
Borrower
Escrow
LLC
6.625
01/15/32
2,485,086‌
400,000
(d)
International
Game
Technology
plc
4.125
04/15/26
394,779‌
540,000
(d)
International
Game
Technology
plc
6.250
01/15/27
551,208‌
350,000
(d)
Light
&
Wonder
International,
Inc
7.500
09/01/31
367,108‌
425,000
(d),(e)
Marriott
Ownership
Resorts,
Inc
4.500
06/15/29
399,788‌
2,000,000
(a),(d)
Meituan
4.500
04/02/28
1,984,328‌
1,475,000
MGM
Resorts
International
6.125
09/15/29
1,493,358‌
1,000,000
(d)
NCL
Corp
Ltd
5.875
03/15/26
1,000,062‌
2,335,000
Sands
China
Ltd
2.300
03/08/27
2,185,453‌
1,400,000
Sands
China
Ltd
5.900
08/08/28
1,413,478‌
1,200,000
Service
Corp
International
5.750
10/15/32
1,207,858‌
1,980,000
(d)
Six
Flags
Entertainment
Corp
6.625
05/01/32
2,050,494‌
1,175,000
(d)
Wynn
Macau
Ltd
5.625
08/26/28
1,140,797‌
1,100,000
(d)
Wynn
Resorts
Finance
LLC
6.250
03/15/33
1,114,351‌
TOTAL
CONSUMER
SERVICES
34,639,167‌
CONSUMER
STAPLES
DISTRIBUTION
&
RETAIL
-
0.5%
3,505,000
(d)
Albertsons
Cos,
Inc
6.500
02/15/28
3,568,795‌
3,975,000
Costco
Wholesale
Corp
1.600
04/20/30
3,511,089‌
18,300,000
Kroger
Co
5.000
09/15/34
18,452,596‌
3,000,000
Kroger
Co
3.875
10/15/46
2,411,086‌
1,380,000
(d)
Performance
Food
Group,
Inc
6.125
09/15/32
1,410,160‌
730,000
SYSCO
Corp
3.750
10/01/25
724,910‌
1,000,000
SYSCO
Corp
6.000
01/17/34
1,097,315‌
3,700,000
SYSCO
Corp
3.150
12/14/51
2,589,953‌
4,250,000
Target
Corp
4.500
09/15/34
4,250,384‌
785,000
(d)
US
Foods,
Inc
6.875
09/15/28
818,187‌
490,000
Walgreens
Boots
Alliance,
Inc
8.125
08/15/29
489,060‌
3,600,000
Walmart,
Inc
1.050
09/17/26
3,418,767‌
294,000
Walmart,
Inc
2.375
09/24/29
275,911‌
5,155,000
Walmart,
Inc
1.800
09/22/31
4,483,249‌
5,900,000
Walmart,
Inc
2.500
09/22/41
4,421,610‌
171
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
CONSUMER
STAPLES
DISTRIBUTION
&
RETAIL
-
0.5%
(continued)
$
5,150,000
Walmart,
Inc
4.500
%
04/15/53
$
4,967,404‌
TOTAL
CONSUMER
STAPLES
DISTRIBUTION
&
RETAIL
56,890,476‌
ENERGY
-
3.5%
2,500,000
(d)
Antero
Midstream
Partners
LP
5.750
01/15/28
2,503,868‌
2,000,000
(d)
Antero
Midstream
Partners
LP
6.625
02/01/32
2,069,972‌
1,875,000
(d)
Archrock
Partners
LP
6.250
04/01/28
1,884,317‌
1,580,000
(d)
Archrock
Partners
LP
6.625
09/01/32
1,620,276‌
875,000
Cenovus
Energy,
Inc
2.650
01/15/32
754,599‌
2,367,000
Cenovus
Energy,
Inc
5.400
06/15/47
2,291,764‌
9,150,000
Cheniere
Energy
Partners
LP
4.500
10/01/29
9,024,887‌
4,250,000
Cheniere
Energy
Partners
LP
3.250
01/31/32
3,800,420‌
6,900,000
(d)
Cheniere
Energy
Partners
LP
5.750
08/15/34
7,188,073‌
300,000
Chevron
USA,
Inc
3.900
11/15/24
299,547‌
1,440,000
(d)
Civitas
Resources,
Inc
8.375
07/01/28
1,496,835‌
640,000
(d)
Civitas
Resources,
Inc
8.625
11/01/30
678,065‌
1,750,000
(d)
Civitas
Resources,
Inc
8.750
07/01/31
1,852,442‌
1,350,000
(d)
CNX
Resources
Corp
7.250
03/01/32
1,417,720‌
500,000
(a),(d)
Coronado
Finance
Pty
Ltd
9.250
10/01/29
513,783‌
2,000,000
(d)
Cosan
Ltd
5.500
09/20/29
1,967,810‌
4,600,000
Diamondback
Energy,
Inc
4.400
03/24/51
3,816,940‌
1,790,000
(d)
DT
Midstream,
Inc
4.125
06/15/29
1,712,209‌
1,490,000
(d)
DT
Midstream,
Inc
4.375
06/15/31
1,410,439‌
2,083,000
Ecopetrol
S.A.
5.375
06/26/26
2,078,657‌
1,050,000
Ecopetrol
S.A.
6.875
04/29/30
1,048,618‌
2,275,000
Ecopetrol
S.A.
4.625
11/02/31
1,953,111‌
2,675,000
(d)
Empresa
Nacional
del
Petroleo
3.450
09/16/31
2,414,081‌
6,875,000
Enbridge,
Inc
5.700
03/08/33
7,245,901‌
3,960,000
Enbridge,
Inc
2.500
08/01/33
3,325,501‌
10,350,000
Enbridge,
Inc
8.500
01/15/84
11,576,454‌
2,424,000
(d)
Energean
Israel
Finance
Ltd
4.875
03/30/26
2,309,611‌
1,450,000
(d)
Energean
Israel
Finance
Ltd
8.500
09/30/33
1,370,498‌
2,675,000
Energy
Transfer
LP
4.750
01/15/26
2,678,138‌
1,235,000
Energy
Transfer
LP
3.750
05/15/30
1,179,763‌
10,800,000
Energy
Transfer
LP
5.750
02/15/33
11,295,277‌
4,100,000
Energy
Transfer
LP
6.550
12/01/33
4,526,453‌
2,450,000
Energy
Transfer
LP
5.550
05/15/34
2,536,759‌
450,000
Energy
Transfer
LP
5.400
10/01/47
428,511‌
4,100,000
Energy
Transfer
LP
6.250
04/15/49
4,311,154‌
4,625,000
Energy
Transfer
LP
5.000
05/15/50
4,178,320‌
7,950,000
Energy
Transfer
LP
5.950
05/15/54
8,136,435‌
10,000,000
Energy
Transfer
LP
7.125
N/A(f)
10,215,250‌
1,670,000
Energy
Transfer
Operating
LP
5.500
06/01/27
1,712,704‌
500,000
(d)
EnLink
Midstream
LLC
5.625
01/15/28
511,781‌
1,425,000
Enterprise
Products
Operating
LLC
4.250
02/15/48
1,231,541‌
2,300,000
Enterprise
Products
Operating
LLC
4.200
01/31/50
1,962,225‌
4,575,000
Enterprise
Products
Operating
LLC
3.200
02/15/52
3,243,691‌
6,575,000
Enterprise
Products
Operating
LLC
3.300
02/15/53
4,701,085‌
276,000
(d)
EQM
Midstream
Partners
LP
6.000
07/01/25
276,388‌
1,200,000
(d)
EQM
Midstream
Partners
LP
6.500
07/01/27
1,236,125‌
1,900,000
(d)
EQM
Midstream
Partners
LP
4.500
01/15/29
1,858,717‌
695,000
(d)
EQM
Midstream
Partners
LP
6.375
04/01/29
717,599‌
850,000
(d)
EQT
Corp
3.125
05/15/26
827,591‌
2,322,870
(d)
Galaxy
Pipeline
Assets
Bidco
Ltd
2.160
03/31/34
2,058,679‌
2,750,000
(d)
Galaxy
Pipeline
Assets
Bidco
Ltd
2.625
03/31/36
2,347,002‌
3,000,000
Genesis
Energy
LP
8.000
01/15/27
3,066,900‌
490,000
Genesis
Energy
LP
8.250
01/15/29
507,375‌
1,450,000
(d)
Hilcorp
Energy
I
LP
5.750
02/01/29
1,410,621‌
1,450,000
(d)
Hilcorp
Energy
I
LP
6.000
02/01/31
1,407,538‌
2,000,000
(d)
Hilcorp
Energy
I
LP
8.375
11/01/33
2,156,198‌
3,500,000
(d)
KazMunayGas
National
Co
JSC
3.500
04/14/33
3,048,696‌
2,000,000
(d)
Kinetik
Holdings
LP
6.625
12/15/28
2,075,700‌
1,070,000
(d)
Kodiak
Gas
Services
LLC
7.250
02/15/29
1,107,346‌
Core
Bond
172
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
ENERGY
-
3.5%
(continued)
$
1,325,000
(d)
Kosmos
Energy
Ltd
7.750
%
05/01/27
$
1,309,652‌
725,000
(d)
Kosmos
Energy
Ltd
8.750
10/01/31
714,472‌
1,525,000
(d)
Leviathan
Bond
Ltd
6.125
06/30/25
1,499,124‌
11,924,000
Marathon
Oil
Corp
5.300
04/01/29
12,364,274‌
5,000,000
Marathon
Petroleum
Corp
4.700
05/01/25
4,993,645‌
15,040,000
Marathon
Petroleum
Corp
3.800
04/01/28
14,785,360‌
1,000,000
Marathon
Petroleum
Corp
4.750
09/15/44
890,874‌
2,750,000
Marathon
Petroleum
Corp
5.000
09/15/54
2,447,702‌
1,500,000
(d)
Medco
Maple
Tree
Pte
Ltd
8.960
04/27/29
1,582,494‌
5,000,000
(d)
MEG
Energy
Corp
5.875
02/01/29
4,891,307‌
710,000
(d)
Midwest
Connector
Capital
Co
LLC
4.625
04/01/29
705,733‌
4,475,000
MPLX
LP
1.750
03/01/26
4,309,510‌
7,235,000
MPLX
LP
2.650
08/15/30
6,511,892‌
2,935,000
MPLX
LP
4.700
04/15/48
2,559,647‌
642,000
Murphy
Oil
Corp
5.875
12/01/27
649,835‌
7,735,000
(d)
Northern
Natural
Gas
Co
3.400
10/16/51
5,512,595‌
325,000
Occidental
Petroleum
Corp
5.500
12/01/25
326,362‌
475,000
Occidental
Petroleum
Corp
5.550
03/15/26
480,406‌
5,000,000
Occidental
Petroleum
Corp
3.500
08/15/29
4,707,916‌
2,000,000
Occidental
Petroleum
Corp
6.600
03/15/46
2,151,976‌
1,450,000
(d)
Oleoducto
Central
S.A.
4.000
07/14/27
1,388,313‌
7,750,000
ONEOK,
Inc
4.500
03/15/50
6,450,713‌
2,000,000
(d)
Parkland
Corp
4.500
10/01/29
1,893,565‌
1,260,000
(d)
Parkland
Corp
4.625
05/01/30
1,188,244‌
1,210,000
(d)
Permian
Resources
Operating
LLC
7.000
01/15/32
1,258,802‌
6,200,000
(d)
Pertamina
Persero
PT
1.400
02/09/26
5,928,583‌
850,000
(d)
Pertamina
Persero
PT
3.650
07/30/29
817,445‌
1,667,000
Petrobras
Global
Finance
BV
5.999
01/27/28
1,703,017‌
1,200,000
Petrobras
Global
Finance
BV
6.900
03/19/49
1,206,374‌
2,700,000
(e)
Petroleos
Mexicanos
5.950
01/28/31
2,336,820‌
6,244,000
Petroleos
Mexicanos
6.700
02/16/32
5,598,002‌
3,000,000
Petroleos
Mexicanos
7.690
01/23/50
2,343,781‌
1,000,000
(d)
Petronas
Energy
Canada
Ltd
2.112
03/23/28
928,681‌
15,790,000
Phillips
66
2.150
12/15/30
13,831,291‌
2,400,000
Phillips
66
3.300
03/15/52
1,667,950‌
860,000
Phillips
66
Co
3.150
12/15/29
813,177‌
775,000
Phillips
66
Co
4.680
02/15/45
699,206‌
2,050,000
(d)
Promigas
S.A.
ESP
3.750
10/16/29
1,893,621‌
3,000,000
(d)
Qatar
Petroleum
2.250
07/12/31
2,637,930‌
2,100,000
(d)
Raizen
Fuels
Finance
S.A.
5.700
01/17/35
2,102,100‌
8,670,000
Sabine
Pass
Liquefaction
LLC
5.875
06/30/26
8,811,631‌
8,365,000
Sabine
Pass
Liquefaction
LLC
4.500
05/15/30
8,342,812‌
3,175,000
(d)
Saudi
Arabian
Oil
Co
2.250
11/24/30
2,791,333‌
1,375,000
(d)
Saudi
Arabian
Oil
Co
5.250
07/17/34
1,413,921‌
880,000
(d)
SM
Energy
Co
6.750
08/01/29
883,634‌
3,425,000
(d),(e)
Southern
Gas
Corridor
CJSC
6.875
03/24/26
3,503,004‌
1,975,000
Sunoco
Logistics
Partners
Operations
LP
4.000
10/01/27
1,955,172‌
2,235,000
(d)
Sunoco
LP
7.000
05/01/29
2,335,167‌
1,150,000
Sunoco
LP
4.500
05/15/29
1,105,586‌
300,000
Targa
Resources
Partners
LP
6.500
07/15/27
303,772‌
1,700,000
(d)
Tengizchevroil
Finance
Co
International
Ltd
2.625
08/15/25
1,658,357‌
2,200,000
(d)
Thaioil
Treasury
Center
Co
Ltd
2.500
06/18/30
1,942,175‌
1,450,000
TotalEnergies
Capital
International
S.A.
2.986
06/29/41
1,123,911‌
5,550,000
TotalEnergies
Capital
International
S.A.
3.127
05/29/50
4,019,035‌
2,000,000
TotalEnergies
Capital
S.A.
5.488
04/05/54
2,066,887‌
3,100,000
TotalEnergies
Capital
S.A.
5.638
04/05/64
3,232,496‌
6,025,000
TotalEnergies
Capital
S.A.
5.425
09/10/64
6,063,749‌
7,835,000
TransCanada
Trust
5.500
09/15/79
7,566,096‌
943,500
(d)
Transocean,
Inc
8.750
02/15/30
983,723‌
1,875,000
(d)
US
LIQUIDSCO0
5.584
10/01/34
1,893,036‌
2,050,000
(d)
US
LIQUIDSCO0
6.176
10/01/54
2,075,140‌
500,000
USA
Compression
Partners
LP
6.875
09/01/27
504,227‌
173
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
ENERGY
-
3.5%
(continued)
$
2,125,000
(d)
USA
Compression
Partners
LP
7.125
%
03/15/29
$
2,188,648‌
2,000,000
(d)
Venture
Global
Calcasieu
Pass
LLC
4.125
08/15/31
1,859,459‌
2,205,000
(d)
Venture
Global
LNG,
Inc
8.125
06/01/28
2,298,756‌
3,000,000
(d)
Venture
Global
LNG,
Inc
9.875
02/01/32
3,333,576‌
7,050,000
Williams
Cos,
Inc
2.600
03/15/31
6,229,894‌
5,550,000
Williams
Cos,
Inc
5.650
03/15/33
5,808,313‌
TOTAL
ENERGY
382,953,861‌
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
-
1.7%
6,850,000
Agree
LP
2.000
06/15/28
6,258,851‌
5,450,000
Alexandria
Real
Estate
Equities,
Inc
3.450
04/30/25
5,407,299‌
450,000
Alexandria
Real
Estate
Equities,
Inc
3.950
01/15/27
445,173‌
675,000
Alexandria
Real
Estate
Equities,
Inc
3.950
01/15/28
665,761‌
2,775,000
Alexandria
Real
Estate
Equities,
Inc
4.900
12/15/30
2,832,097‌
1,900,000
Alexandria
Real
Estate
Equities,
Inc
1.875
02/01/33
1,526,788‌
2,700,000
American
Tower
Corp
2.950
01/15/25
2,681,916‌
600,000
American
Tower
Corp
3.375
10/15/26
589,597‌
1,200,000
American
Tower
Corp
3.600
01/15/28
1,171,088‌
5,370,000
American
Tower
Corp
1.500
01/31/28
4,894,088‌
5,800,000
American
Tower
Corp
3.800
08/15/29
5,642,944‌
6,950,000
American
Tower
Corp
2.900
01/15/30
6,426,797‌
1,375,000
American
Tower
Corp
2.100
06/15/30
1,211,015‌
890,000
American
Tower
Corp
1.875
10/15/30
766,700‌
2,225,000
Brixmor
Operating
Partnership
LP
3.850
02/01/25
2,212,358‌
10,206,000
Brixmor
Operating
Partnership
LP
2.250
04/01/28
9,410,386‌
2,900,000
CubeSmart
LP
2.250
12/15/28
2,667,049‌
1,474,000
CubeSmart
LP
2.000
02/15/31
1,262,002‌
1,525,000
Digital
Realty
Trust
LP
3.600
07/01/29
1,473,855‌
7,735,000
Essential
Properties
LP
2.950
07/15/31
6,732,863‌
3,200,000
Essex
Portfolio
LP
3.000
01/15/30
2,972,050‌
2,275,000
Extra
Space
Storage
LP
2.400
10/15/31
1,957,160‌
1,225,000
Federal
Realty
OP
LP
1.250
02/15/26
1,171,557‌
1,675,000
Healthcare
Realty
Holdings
LP
3.875
05/01/25
1,662,095‌
4,125,000
Healthcare
Realty
Holdings
LP
3.500
08/01/26
4,054,353‌
3,000,000
Healthcare
Realty
Holdings
LP
3.625
01/15/28
2,869,109‌
8,015,000
Healthcare
Realty
Holdings
LP
3.100
02/15/30
7,364,397‌
1,660,000
Healthcare
Realty
Holdings
LP
2.400
03/15/30
1,449,015‌
925,000
Healthcare
Realty
Holdings
LP
2.050
03/15/31
760,766‌
7,500,000
Highwoods
Realty
LP
3.875
03/01/27
7,330,349‌
1,025,000
Highwoods
Realty
LP
4.125
03/15/28
994,161‌
1,350,000
Highwoods
Realty
LP
4.200
04/15/29
1,304,561‌
8,010,000
Highwoods
Realty
LP
3.050
02/15/30
7,208,154‌
2,085,000
Highwoods
Realty
LP
2.600
02/01/31
1,776,457‌
155,000
(d)
Iron
Mountain,
Inc
7.000
02/15/29
161,558‌
1,025,000
Kimco
Realty
OP
LLC
3.850
06/01/25
1,015,538‌
700,000
Kimco
Realty
OP
LLC
3.250
08/15/26
683,666‌
4,385,000
Kite
Realty
Group
LP
4.950
12/15/31
4,390,555‌
975,000
Kite
Realty
Group
LP
5.500
03/01/34
1,004,396‌
1,050,000
Mid-America
Apartments
LP
4.000
11/15/25
1,044,478‌
9,350,000
Mid-America
Apartments
LP
2.750
03/15/30
8,642,928‌
6,200,000
Mid-America
Apartments
LP
1.700
02/15/31
5,254,175‌
1,700,000
Mid-America
Apartments
LP
2.875
09/15/51
1,146,621‌
3,375,000
MPT
Operating
Partnership
LP
3.500
03/15/31
2,464,700‌
625,000
National
Retail
Properties,
Inc
4.000
11/15/25
620,763‌
1,850,000
National
Retail
Properties,
Inc
3.600
12/15/26
1,826,354‌
1,425,000
NNN
REIT,
Inc
5.600
10/15/33
1,491,189‌
1,075,000
ProLogis
LP
2.875
11/15/29
1,010,188‌
1,100,000
Regency
Centers
LP
3.900
11/01/25
1,088,812‌
950,000
Regency
Centers
LP
3.600
02/01/27
934,715‌
5,885,000
Regency
Centers
LP
2.950
09/15/29
5,504,473‌
17,050,000
(d)
SBA
Tower
Trust
2.836
01/15/25
16,927,542‌
8,398,000
(d)
SBA
Tower
Trust
1.884
01/15/26
8,104,547‌
7,500,000
(d)
SBA
Tower
Trust
1.631
11/15/26
7,022,207‌
Core
Bond
174
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
-
1.7%
(continued)
$
2,500,000
(d)
Trust
Fibra
Uno
7.375
%
02/13/34
$
2,573,784‌
TOTAL
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
180,066,000‌
FINANCIAL
SERVICES
-
2.8%
9,050,000
AerCap
Ireland
Capital
DAC
1.750
01/30/26
8,716,569‌
5,000,000
AerCap
Ireland
Capital
DAC
3.875
01/23/28
4,914,703‌
12,975,000
AerCap
Ireland
Capital
DAC
3.000
10/29/28
12,256,661‌
7,000,000
AerCap
Ireland
Capital
DAC
3.300
01/30/32
6,317,490‌
1,250,000
AerCap
Ireland
Capital
DAC
3.850
10/29/41
1,045,220‌
2,000,000
American
Express
Co
2.550
03/04/27
1,930,780‌
5,705,000
Bank
of
New
York
Mellon
Corp
4.700
N/A(f)
5,660,517‌
4,690,000
(d)
Block,
Inc
6.500
05/15/32
4,883,781‌
830,000
(d)
Brazil
Minas
SPE
via
State
of
Minas
Gerais
5.333
02/15/28
830,931‌
2,490,000
Capital
One
Financial
Corp
3.750
03/09/27
2,458,364‌
5,490,000
(e)
Capital
One
Financial
Corp
3.950
N/A(f)
5,172,378‌
10,800,000
Charles
Schwab
Corp
5.375
N/A(f)
10,781,895‌
600,000
(d)
Compass
Group
Diversified
Holdings
LLC
5.250
04/15/29
582,903‌
2,500,000
Corebridge
Financial,
Inc
6.050
09/15/33
2,665,455‌
3,475,000
Corebridge
Financial,
Inc
5.750
01/15/34
3,662,685‌
5,400,000
Discover
Bank
3.450
07/27/26
5,286,289‌
2,275,000
Discover
Bank
2.700
02/06/30
2,048,929‌
2,375,000
(d)
ENN
Clean
Energy
International
Investment
Ltd
3.375
05/12/26
2,306,322‌
925,000
(d)
Equitable
Financial
Life
Global
Funding
1.400
07/07/25
901,964‌
870,000
(d)
Equitable
Financial
Life
Global
Funding
1.800
03/08/28
796,244‌
1,705,000
(d)
FirstCash,
Inc
6.875
03/01/32
1,754,651‌
5,330,000
Fiserv,
Inc
3.500
07/01/29
5,149,526‌
5,275,000
Fiserv,
Inc
5.450
03/15/34
5,513,179‌
11,000,000
Fiserv,
Inc
5.150
08/12/34
11,279,193‌
5,277,000
Goldman
Sachs
Group,
Inc
3.500
04/01/25
5,244,335‌
5,800,000
Goldman
Sachs
Group,
Inc
5.798
08/10/26
5,851,119‌
5,600,000
Goldman
Sachs
Group,
Inc
4.482
08/23/28
5,629,601‌
12,395,000
Goldman
Sachs
Group,
Inc
5.851
04/25/35
13,318,389‌
360,000
Goldman
Sachs
Group,
Inc
6.750
10/01/37
414,536‌
1,900,000
Goldman
Sachs
Group,
Inc
4.411
04/23/39
1,791,233‌
4,875,000
Goldman
Sachs
Group,
Inc
3.210
04/22/42
3,887,330‌
725,000
Goldman
Sachs
Group,
Inc
3.436
02/24/43
590,386‌
10,000,000
Goldman
Sachs
Group,
Inc
7.500
N/A(f)
10,599,700‌
5,900,000
Goldman
Sachs
Group,
Inc
7.500
N/A(f)
6,342,140‌
800,000
(d)
HAT
Holdings
I
LLC
8.000
06/15/27
847,506‌
925,000
Icahn
Enterprises
LP
5.250
05/15/27
886,373‌
3,800,000
Icahn
Enterprises
LP
4.375
02/01/29
3,321,003‌
1,100,000
(d)
Indian
Railway
Finance
Corp
Ltd
3.249
02/13/30
1,029,811‌
7,400,000
(d)
Indian
Railway
Finance
Corp
Ltd
2.800
02/10/31
6,607,564‌
1,851,500
(d)
Mexico
Remittances
Funding
Fiduciary
Estate
Management
Sarl
4.875
01/15/28
1,679,748‌
2,500,000
(d)
Minejesa
Capital
BV
5.625
08/10/37
2,405,210‌
1,040,000
Morgan
Stanley
4.000
07/23/25
1,036,633‌
4,444,000
Morgan
Stanley
2.188
04/28/26
4,374,407‌
11,950,000
Morgan
Stanley
3.125
07/27/26
11,737,091‌
685,000
Morgan
Stanley
3.950
04/23/27
678,182‌
3,000,000
Morgan
Stanley
5.449
07/20/29
3,117,295‌
7,250,000
Morgan
Stanley
6.407
11/01/29
7,790,871‌
15,750,000
Morgan
Stanley
5.250
04/21/34
16,266,427‌
3,625,000
Morgan
Stanley
5.424
07/21/34
3,780,351‌
3,675,000
Morgan
Stanley
5.831
04/19/35
3,947,487‌
5,875,000
Morgan
Stanley
5.320
07/19/35
6,100,734‌
5,000,000
Navient
Corp
5.000
03/15/27
4,955,765‌
2,000,000
Northern
Trust
Corp
4.600
N/A(f)
1,979,533‌
1,345,000
OneMain
Finance
Corp
3.500
01/15/27
1,285,579‌
5,000,000
OneMain
Finance
Corp
4.000
09/15/30
4,453,389‌
2,000,000
OneMain
Finance
Corp
7.125
11/15/31
2,024,028‌
350,000
(d)
PennyMac
Financial
Services,
Inc
7.875
12/15/29
373,211‌
2,975,000
(d)
Power
Finance
Corp
Ltd
3.950
04/23/30
2,854,989‌
2,000,000
(d)
Rocket
Mortgage
LLC
4.000
10/15/33
1,786,571‌
175
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
FINANCIAL
SERVICES
-
2.8%
(continued)
$
1,375,000
S&P
Global,
Inc
4.250
%
05/01/29
$
1,382,429‌
370,000
(d)
Shift4
Payments
LLC
6.750
08/15/32
386,294‌
550,000
Springleaf
Finance
Corp
5.375
11/15/29
528,535‌
550,000
State
Street
Corp
3.300
12/16/24
548,105‌
6,950,000
State
Street
Corp
6.700
N/A(f)
7,200,110‌
1,650,000
UBS
Group
AG.
3.750
03/26/25
1,641,393‌
8,325,000
(d)
UBS
Group
AG.
2.193
06/05/26
8,171,739‌
6,450,000
(d)
UBS
Group
AG.
1.305
02/02/27
6,168,393‌
4,600,000
(d)
UBS
Group
AG.
6.442
08/11/28
4,839,215‌
7,500,000
(d)
UBS
Group
AG.
5.617
09/13/30
7,836,728‌
3,500,000
(d)
UBS
Group
AG.
3.179
02/11/43
2,728,468‌
580,000
Visa,
Inc
3.150
12/14/25
573,892‌
3,400,000
Visa,
Inc
2.700
04/15/40
2,674,443‌
650,000
Voya
Financial,
Inc
5.700
07/15/43
662,533‌
TOTAL
FINANCIAL
SERVICES
301,247,433‌
FOOD,
BEVERAGE
&
TOBACCO
-
1.0%
3,100,000
(d)
Anadolu
Efes
Biracilik
Ve
Malt
Sanayii
AS.
3.375
06/29/28
2,758,703‌
6,875,000
Anheuser-Busch
Cos
LLC
4.700
02/01/36
6,902,687‌
13,560,000
Anheuser-Busch
Cos
LLC
4.900
02/01/46
13,354,486‌
10,260,000
Anheuser-Busch
InBev
Worldwide,
Inc
4.750
01/23/29
10,527,285‌
11,000,000
Anheuser-Busch
InBev
Worldwide,
Inc
5.000
06/15/34
11,463,863‌
3,300,000
(d)
Bimbo
Bakeries
USA,
Inc
6.050
01/15/29
3,487,021‌
2,625,000
Campbell
Soup
Co
5.250
10/13/54
2,607,465‌
3,250,000
(d)
Cia
Cervecerias
Unidas
S.A.
3.350
01/19/32
2,881,216‌
3,000,000
(d)
Coca-Cola
Icecek
AS.
4.500
01/20/29
2,914,559‌
750,000
Constellation
Brands,
Inc
4.400
11/15/25
749,099‌
2,775,000
Constellation
Brands,
Inc
3.700
12/06/26
2,747,307‌
1,150,000
Constellation
Brands,
Inc
3.150
08/01/29
1,091,049‌
6,540,000
Constellation
Brands,
Inc
2.875
05/01/30
6,029,154‌
13,700,000
Constellation
Brands,
Inc
2.250
08/01/31
11,844,235‌
2,750,000
Diageo
Capital
plc
2.125
10/24/24
2,744,883‌
2,320,000
Diageo
Capital
plc
1.375
09/29/25
2,252,767‌
1,875,000
(d)
Embotelladora
Andina
S.A.
3.950
01/21/50
1,455,469‌
2,000,000
(d)
Grupo
Bimbo
SAB
de
C.V.
4.700
11/10/47
1,814,560‌
2,200,000
Kraft
Heinz
Foods
Co
4.375
06/01/46
1,947,089‌
1,500,000
(d)
NBM
US
Holdings,
Inc
6.625
08/06/29
1,526,394‌
9,000,000
Philip
Morris
International,
Inc
5.250
02/13/34
9,346,622‌
680,000
(d)
Post
Holdings,
Inc
6.250
02/15/32
700,201‌
2,000,000
(d)
Post
Holdings,
Inc
6.375
03/01/33
2,032,636‌
5,500,000
(d)
Primo
Water
Holdings,
Inc
4.375
04/30/29
5,273,219‌
2,500,000
(d)
Ulker
Biskuvi
Sanayi
AS.
7.875
07/08/31
2,595,973‌
TOTAL
FOOD,
BEVERAGE
&
TOBACCO
111,047,942‌
HEALTH
CARE
EQUIPMENT
&
SERVICES
-
1.0%
980,000
Advocate
Health
&
Hospitals
Corp
3.008
06/15/50
712,872‌
285,000
Aetna,
Inc
6.625
06/15/36
322,200‌
2,100,000
Boston
Scientific
Corp
2.650
06/01/30
1,930,379‌
1,640,000
Centene
Corp
2.450
07/15/28
1,510,317‌
8,310,000
Centene
Corp
3.000
10/15/30
7,439,336‌
6,250,000
(d)
CHS
5.250
05/15/30
5,751,908‌
2,550,000
Cigna
Group
3.200
03/15/40
2,014,408‌
430,000
(d)
Concentra
Escrow
Issuer
Corp
6.875
07/15/32
452,150‌
495,000
CVS
Health
Corp
3.875
07/20/25
491,444‌
8,550,000
CVS
Health
Corp
4.780
03/25/38
8,067,015‌
3,635,000
CVS
Health
Corp
2.700
08/21/40
2,581,205‌
10,225,000
CVS
Health
Corp
5.050
03/25/48
9,332,660‌
1,000,000
(d)
DaVita,
Inc
4.625
06/01/30
953,295‌
2,000,000
(d)
DaVita,
Inc
6.875
09/01/32
2,066,110‌
9,160,000
Elevance
Health,
Inc
2.250
05/15/30
8,204,231‌
2,625,000
Elevance
Health,
Inc
5.125
02/15/53
2,575,753‌
2,815,000
HCA,
Inc
5.625
09/01/28
2,922,639‌
5,000,000
HCA,
Inc
3.500
09/01/30
4,711,877‌
9,475,000
HCA,
Inc
3.625
03/15/32
8,761,672‌
Core
Bond
176
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
HEALTH
CARE
EQUIPMENT
&
SERVICES
-
1.0%
(continued)
$
4,600,000
HCA,
Inc
4.625
%
03/15/52
$
3,992,444‌
3,500,000
(d)
Hologic,
Inc
3.250
02/15/29
3,260,593‌
10,100,000
Humana,
Inc
2.150
02/03/32
8,495,198‌
800,000
Humana,
Inc
5.875
03/01/33
849,279‌
225,000
Tenet
Healthcare
Corp
4.625
06/15/28
220,827‌
5,400,000
(e)
Tenet
Healthcare
Corp
6.125
10/01/28
5,443,119‌
2,500,000
Tenet
Healthcare
Corp
4.250
06/01/29
2,410,433‌
3,200,000
Tenet
Healthcare
Corp
4.375
01/15/30
3,070,184‌
7,185,000
UnitedHealth
Group,
Inc
2.300
05/15/31
6,370,629‌
2,750,000
UnitedHealth
Group,
Inc
5.150
07/15/34
2,870,145‌
1,375,000
UnitedHealth
Group,
Inc
3.750
10/15/47
1,128,548‌
TOTAL
HEALTH
CARE
EQUIPMENT
&
SERVICES
108,912,870‌
HOUSEHOLD
&
PERSONAL
PRODUCTS
-
0.2%
3,150,000
Church
&
Dwight
Co,
Inc
2.300
12/15/31
2,752,463‌
1,170,000
(d)
Coty,
Inc
6.625
07/15/30
1,215,673‌
8,175,000
Haleon
US
Capital
LLC
3.625
03/24/32
7,689,644‌
8,350,000
Unilever
Capital
Corp
4.625
08/12/34
8,471,081‌
TOTAL
HOUSEHOLD
&
PERSONAL
PRODUCTS
20,128,861‌
INSURANCE
-
1.4%
2,550,000
(d)
Acrisure
LLC
4.250
02/15/29
2,408,964‌
131,000
Aflac,
Inc
6.450
08/15/40
147,563‌
825,000
(d)
Alliant
Holdings
Intermediate
LLC
4.250
10/15/27
789,784‌
4,360,000
(d)
Alliant
Holdings
Intermediate
LLC
6.750
04/15/28
4,430,601‌
2,000,000
(d)
Alliant
Holdings
Intermediate
LLC
6.500
10/01/31
2,020,973‌
6,400,000
(d)
Allianz
SE
6.350
09/06/53
6,961,555‌
11,160,000
Aon
Corp
2.800
05/15/30
10,273,701‌
1,450,000
Aon
Corp
5.350
02/28/33
1,514,831‌
1,045,000
(d)
Ardonagh
Finco
Ltd
7.750
02/15/31
1,080,241‌
1,000,000
Arthur
J
Gallagher
&
Co
5.750
03/02/53
1,044,670‌
4,500,000
AXIS
Specialty
Finance
LLC
4.900
01/15/40
4,306,267‌
825,000
Berkshire
Hathaway
Finance
Corp
2.875
03/15/32
761,636‌
9,950,000
Berkshire
Hathaway
Finance
Corp
2.850
10/15/50
6,992,952‌
1,500,000
Berkshire
Hathaway
Finance
Corp
3.850
03/15/52
1,265,537‌
8,225,000
(d)
Five
Corners
Funding
Trust
II
2.850
05/15/30
7,600,537‌
2,500,000
(d)
Hanwha
Life
Insurance
Co
Ltd
3.379
02/04/32
2,413,512‌
15,431,000
Hartford
Financial
Services
Group,
Inc
2.800
08/19/29
14,388,748‌
350,000
Hartford
Financial
Services
Group,
Inc
4.300
04/15/43
312,889‌
3,400,000
Hartford
Financial
Services
Group,
Inc
2.900
09/15/51
2,296,121‌
2,755,000
(d)
HUB
International
Ltd
7.250
06/15/30
2,870,380‌
1,450,000
(d)
Liberty
Mutual
Group,
Inc
3.951
10/15/50
1,134,401‌
600,000
MetLife,
Inc
3.000
03/01/25
595,467‌
525,000
MetLife,
Inc
3.600
11/13/25
521,178‌
1,025,000
MetLife,
Inc
5.000
07/15/52
1,014,570‌
5,870,000
MetLife,
Inc
3.850
N/A(f)
5,775,235‌
3,250,000
(d)
Panther
Escrow
Issuer
LLC
7.125
06/01/31
3,408,954‌
10,175,000
PartnerRe
Finance
B
LLC
4.500
10/01/50
9,410,654‌
3,500,000
Principal
Financial
Group,
Inc
2.125
06/15/30
3,092,232‌
2,000,000
Prudential
Financial,
Inc
3.905
12/07/47
1,662,613‌
5,500,000
Prudential
Financial,
Inc
5.125
03/01/52
5,457,802‌
10,250,000
Prudential
Financial,
Inc
6.500
03/15/54
10,954,739‌
9,575,000
Reinsurance
Group
of
America,
Inc
5.750
09/15/34
10,086,407‌
285,000
(d)
Ryan
Specialty
LLC
5.875
08/01/32
289,748‌
11,300,000
(d)
Swiss
Re
Finance
Luxembourg
S.A.
5.000
04/02/49
11,471,026‌
3,800,000
Verisk
Analytics,
Inc
5.250
06/05/34
3,924,980‌
3,900,000
(b),(d)
Vitality
Re
XIV
Ltd,
(3-Month
US
Treasury
Bill
+
3.500%)
8.102
01/05/27
3,955,770‌
1,900,000
(b),(d)
Vitality
Re
XV
Ltd,
(3-Month
US
Treasury
Bill
+
2.500%)
7.102
01/07/28
1,897,720‌
TOTAL
INSURANCE
148,534,958‌
MATERIALS
-
1.1%
4,375,000
Albemarle
Corp
4.650
06/01/27
4,394,271‌
875,000
(d)
Alpek
SAB
de
C.V.
4.250
09/18/29
837,342‌
2,000,000
(d)
Alpek
SAB
de
C.V.
3.250
02/25/31
1,772,175‌
370,000
Amcor
Flexibles
North
America,
Inc
3.100
09/15/26
359,614‌
177
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MATERIALS
-
1.1%
(continued)
$
4,725,000
Amcor
Flexibles
North
America,
Inc
2.630
%
06/19/30
$
4,249,637‌
7,535,000
Amcor
Flexibles
North
America,
Inc
2.690
05/25/31
6,654,962‌
2,300,000
AngloGold
Ashanti
Holdings
plc
3.375
11/01/28
2,166,773‌
2,500,000
AngloGold
Ashanti
Holdings
plc
3.750
10/01/30
2,311,378‌
1,778,000
(d)
Antofagasta
plc
2.375
10/14/30
1,548,207‌
1,600,000
(d)
Antofagasta
plc
5.625
05/13/32
1,645,226‌
1,150,000
(d)
Antofagasta
plc
6.250
05/02/34
1,223,761‌
1,445,000
(d)
Arsenal
AIC
Parent
LLC
8.000
10/01/30
1,550,605‌
400,000
(d)
Avient
Corp
6.250
11/01/31
410,051‌
3,570,000
Ball
Corp
6.875
03/15/28
3,696,903‌
1,850,000
Ball
Corp
2.875
08/15/30
1,646,527‌
10,105,000
Berry
Global,
Inc
1.570
01/15/26
9,723,729‌
6,100,000
Berry
Global,
Inc
1.650
01/15/27
5,726,528‌
2,025,000
Celulosa
Arauco
y
Constitucion
S.A.
3.875
11/02/27
1,967,678‌
1,500,000
(d)
Celulosa
Arauco
y
Constitucion
S.A.
4.250
04/30/29
1,457,155‌
1,325,000
(d)
Cemex
SAB
de
C.V.
5.450
11/19/29
1,342,671‌
500,000
(d),(e)
Cemex
SAB
de
C.V.
3.875
07/11/31
460,321‌
1,500,000
Commercial
Metals
Co
4.125
01/15/30
1,424,236‌
3,000,000
(d)
Corp
Nacional
del
Cobre
de
Chile
3.000
09/30/29
2,765,679‌
2,000,000
(d)
Corp
Nacional
del
Cobre
de
Chile
3.150
01/14/30
1,846,291‌
325,000
(d)
Corp
Nacional
del
Cobre
de
Chile
6.440
01/26/36
353,846‌
265,000
DowDuPont,
Inc
4.493
11/15/25
264,532‌
800,000
(d)
Freeport
Indonesia
PT
4.763
04/14/27
802,603‌
1,860,000
(d)
Freeport
Indonesia
PT
5.315
04/14/32
1,891,120‌
1,500,000
(d)
Fresnillo
plc
4.250
10/02/50
1,153,521‌
3,000,000
(d)
Inversiones
CMPC
S.A.
4.375
04/04/27
2,983,213‌
4,900,000
(d)
Inversiones
CMPC
S.A.
3.000
04/06/31
4,365,313‌
3,000,000
(d)
Kraton
Corp
5.000
07/15/27
3,057,703‌
2,600,000
(d)
MEGlobal
BV
2.625
04/28/28
2,408,739‌
2,000,000
(d)
Mineral
Resources
Ltd
8.000
11/01/27
2,054,316‌
1,325,000
(d)
Mineral
Resources
Ltd
9.250
10/01/28
1,410,845‌
725,000
(d)
Nexa
Resources
S.A.
6.750
04/09/34
770,254‌
6,350,000
Nutrien
Ltd
2.950
05/13/30
5,905,883‌
1,920,000
(d)
OCI
NV
4.625
10/15/25
1,917,398‌
1,600,000
(d)
OCP
S.A.
3.750
06/23/31
1,434,000‌
1,075,000
(d)
OCP
S.A.
6.750
05/01/34
1,153,711‌
2,000,000
Olin
Corp
5.125
09/15/27
1,988,492‌
2,000,000
(d)
Orbia
Advance
Corp
SAB
de
C.V.
1.875
05/11/26
1,893,498‌
1,750,000
Sasol
Financing
USA
LLC
4.375
09/18/26
1,699,545‌
500,000
(d)
Sasol
Financing
USA
LLC
8.750
05/03/29
528,800‌
670,000
(d)
Sealed
Air
Corp
6.125
02/01/28
681,217‌
600,000
(d)
Sealed
Air
Corp
7.250
02/15/31
635,033‌
1,280,000
(d)
Sealed
Air
Corp
6.500
07/15/32
1,319,892‌
2,400,000
Suzano
Austria
GmbH
3.750
01/15/31
2,211,623‌
5,000,000
Suzano
Austria
GmbH
3.125
01/15/32
4,345,119‌
4,070,000
(d)
Tronox,
Inc
4.625
03/15/29
3,801,896‌
3,675,000
(d)
UltraTech
Cement
Ltd
2.800
02/16/31
3,238,562‌
TOTAL
MATERIALS
115,452,394‌
MEDIA
&
ENTERTAINMENT
-
1.2%
4,900,000
(d)
CCO
Holdings
LLC
5.125
05/01/27
4,822,659‌
2,500,000
(d)
CCO
Holdings
LLC
4.500
08/15/30
2,266,194‌
5,000,000
(d)
CCO
Holdings
LLC
4.250
02/01/31
4,408,648‌
6,300,000
(e)
Charter
Communications
Operating
LLC
4.400
04/01/33
5,763,681‌
10,250,000
Charter
Communications
Operating
LLC
6.550
06/01/34
10,661,773‌
10,650,000
Charter
Communications
Operating
LLC
4.800
03/01/50
8,153,335‌
3,700,000
Comcast
Corp
4.150
10/15/28
3,705,765‌
4,525,000
Comcast
Corp
3.200
07/15/36
3,884,352‌
1,000,000
Comcast
Corp
3.900
03/01/38
902,595‌
23,358,000
Comcast
Corp
2.887
11/01/51
15,695,831‌
10,186,000
Comcast
Corp
2.937
11/01/56
6,657,099‌
4,100,000
(d),(e)
CSC
Holdings
LLC
5.500
04/15/27
3,605,754‌
985,000
(d)
DIRECTV
Holdings
LLC
5.875
08/15/27
967,105‌
Core
Bond
178
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MEDIA
&
ENTERTAINMENT
-
1.2%
(continued)
$
2,000,000
(d)
DISH
Network
Corp
11.750
%
11/15/27
$
2,099,061‌
3,570,000
(d)
Gray
Television,
Inc
10.500
07/15/29
3,728,733‌
2,985,000
Grupo
Televisa
SAB
6.625
01/15/40
2,959,086‌
650,000
Lamar
Media
Corp
3.750
02/15/28
623,508‌
2,000,000
Lamar
Media
Corp
4.875
01/15/29
1,975,707‌
1,000,000
Lamar
Media
Corp
4.000
02/15/30
942,035‌
1,675,000
Lamar
Media
Corp
3.625
01/15/31
1,530,862‌
1,275,000
(d),(e)
LCPR
Senior
Secured
Financing
DAC
5.125
07/15/29
1,033,167‌
1,145,000
(d)
McGraw-Hill
Education,
Inc
7.375
09/01/31
1,188,021‌
825,000
(d)
News
Corp
3.875
05/15/29
780,303‌
2,725,000
(d)
Sirius
XM
Radio,
Inc
4.000
07/15/28
2,570,886‌
1,575,000
(d)
Sirius
XM
Radio,
Inc
4.125
07/01/30
1,428,332‌
500,000
(d)
Sirius
XM
Radio,
Inc
3.875
09/01/31
435,635‌
3,000,000
(d)
Sunrise
FinCo
I
BV
4.875
07/15/31
2,838,540‌
250,000
Time
Warner
Cable
LLC
5.875
11/15/40
226,708‌
1,275,000
(d)
Univision
Communications,
Inc
4.500
05/01/29
1,138,987‌
2,000,000
(d)
VZ
Secured
Financing
BV
5.000
01/15/32
1,840,487‌
15,000,000
Warnermedia
Holdings,
Inc
3.755
03/15/27
14,504,215‌
800,000
Warnermedia
Holdings,
Inc
4.054
03/15/29
757,868‌
16,925,000
Warnermedia
Holdings,
Inc
5.141
03/15/52
13,053,823‌
2,325,000
(e)
Weibo
Corp
3.375
07/08/30
2,134,659‌
1,413,000
(d)
Ziff
Davis,
Inc
4.625
10/15/30
1,327,140‌
TOTAL
MEDIA
&
ENTERTAINMENT
130,612,554‌
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
-
1.3%
3,750,000
AbbVie,
Inc
3.200
11/21/29
3,586,133‌
9,900,000
AbbVie,
Inc
5.050
03/15/34
10,340,739‌
6,875,000
AbbVie,
Inc
4.050
11/21/39
6,350,533‌
5,825,000
AbbVie,
Inc
5.400
03/15/54
6,176,580‌
18,025,000
Amgen,
Inc
5.250
03/02/33
18,765,384‌
17,650,000
Amgen,
Inc
5.650
03/02/53
18,566,545‌
450,000
AstraZeneca
Finance
LLC
2.250
05/28/31
399,017‌
1,500,000
(d)
Avantor
Funding,
Inc
4.625
07/15/28
1,466,089‌
2,040,000
(d)
Avantor
Funding,
Inc
3.875
11/01/29
1,930,185‌
1,065,000
Danaher
Corp
2.800
12/10/51
730,101‌
3,775,000
Eli
Lilly
&
Co
5.000
02/09/54
3,837,926‌
17,900,000
Gilead
Sciences,
Inc
5.250
10/15/33
18,879,279‌
635,000
Gilead
Sciences,
Inc
4.000
09/01/36
596,978‌
1,500,000
Gilead
Sciences,
Inc
2.600
10/01/40
1,122,679‌
4,400,000
(e)
Gilead
Sciences,
Inc
5.550
10/15/53
4,723,148‌
1,250,000
Johnson
&
Johnson
3.400
01/15/38
1,122,081‌
2,500,000
(d)
Organon
Finance  LLC
4.125
04/30/28
2,403,969‌
5,650,000
(d),(e)
Organon
Finance  LLC
5.125
04/30/31
5,322,986‌
25,375,000
Pfizer
Investment
Enterprises
Pte
Ltd
5.300
05/19/53
26,249,010‌
3,500,000
Teva
Pharmaceutical
Finance
Netherlands
III
BV
3.150
10/01/26
3,364,224‌
TOTAL
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
135,933,586‌
REAL
ESTATE
MANAGEMENT
&
DEVELOPMENT
-
0.0%
1,400,000
Kennedy-Wilson,
Inc
4.750
03/01/29
1,295,960‌
1,475,000
(e)
Kennedy-Wilson,
Inc
5.000
03/01/31
1,324,161‌
TOTAL
REAL
ESTATE
MANAGEMENT
&
DEVELOPMENT
2,620,121‌
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
-
0.6%
11,250,000
(d)
Broadcom,
Inc
3.469
04/15/34
10,130,579‌
4,850,000
Broadcom,
Inc
4.800
10/15/34
4,845,973‌
15,542,000
(d)
Broadcom,
Inc
4.926
05/15/37
15,528,552‌
260,000
Intel
Corp
3.150
05/11/27
251,322‌
1,150,000
Intel
Corp
3.734
12/08/47
846,633‌
4,735,000
NVIDIA
Corp
2.000
06/15/31
4,185,503‌
1,650,000
(d)
NXP
BV
2.700
05/01/25
1,627,253‌
2,650,000
NXP
BV
3.875
06/18/26
2,627,821‌
1,975,000
NXP
BV
4.400
06/01/27
1,980,564‌
1,200,000
NXP
BV
3.400
05/01/30
1,133,563‌
4,575,000
NXP
BV
3.125
02/15/42
3,432,233‌
4,300,000
(d)
SK
Hynix,
Inc
1.500
01/19/26
4,130,449‌
179
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
-
0.6%
(continued)
$
1,100,000
Texas
Instruments,
Inc
4.150
%
05/15/48
$
980,600‌
3,000,000
(d)
TSMC
Global
Ltd
0.750
09/28/25
2,886,795‌
2,000,000
(d)
TSMC
Global
Ltd
1.000
09/28/27
1,823,701‌
3,000,000
(d)
TSMC
Global
Ltd
1.750
04/23/28
2,755,109‌
TOTAL
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
59,166,650‌
SOFTWARE
&
SERVICES
-
0.8%
11,405,000
Adobe,
Inc
2.300
02/01/30
10,479,765‌
3,000,000
(d)
Ahead
DB
Holdings
LLC
6.625
05/01/28
2,902,887‌
265,000
(d)
CA
Magnum
Holdings
5.375
10/31/26
261,023‌
2,270,000
(d)
Gen
Digital,
Inc
6.750
09/30/27
2,332,367‌
19,000,000
Microsoft
Corp
2.400
08/08/26
18,526,497‌
2,675,000
Microsoft
Corp
3.400
09/15/26
2,655,181‌
1,850,000
Microsoft
Corp
1.350
09/15/30
1,610,568‌
1,911,000
Microsoft
Corp
2.525
06/01/50
1,311,769‌
455,000
(d)
Open
Text
Corp
6.900
12/01/27
479,919‌
2,830,000
(d)
Open
Text
Corp
3.875
12/01/29
2,630,742‌
550,000
(d)
Open
Text
Holdings,
Inc
4.125
02/15/30
516,263‌
12,750,000
Oracle
Corp
4.900
02/06/33
12,986,044‌
12,000,000
Oracle
Corp
5.375
09/27/54
11,992,671‌
3,100,000
Roper
Technologies,
Inc
1.400
09/15/27
2,871,281‌
13,155,000
Roper
Technologies,
Inc
2.000
06/30/30
11,556,568‌
5,800,000
Salesforce,
Inc
2.700
07/15/41
4,386,250‌
TOTAL
SOFTWARE
&
SERVICES
87,499,795‌
TECHNOLOGY
HARDWARE
&
EQUIPMENT
-
0.4%
3,450,000
Amphenol
Corp
2.800
02/15/30
3,191,679‌
8,575,000
Apple,
Inc
2.450
08/04/26
8,367,720‌
21,975,000
Apple,
Inc
2.050
09/11/26
21,266,136‌
1,100,000
Apple,
Inc
4.650
02/23/46
1,091,990‌
1,590,000
Apple,
Inc
2.650
02/08/51
1,093,353‌
5,625,000
(d)
Imola
Merger
Corp
4.750
05/15/29
5,488,740‌
4,700,000
(d)
Lenovo
Group
Ltd
3.421
11/02/30
4,373,455‌
975,000
(d)
Sensata
Technologies
BV
4.000
04/15/29
929,445‌
TOTAL
TECHNOLOGY
HARDWARE
&
EQUIPMENT
45,802,518‌
TELECOMMUNICATION
SERVICES
-
2.1%
12,477,000
AT&T,
Inc
2.550
12/01/33
10,516,707‌
2,300,000
AT&T,
Inc
4.500
05/15/35
2,239,679‌
50,475,000
AT&T,
Inc
3.550
09/15/55
36,919,161‌
12,174,000
AT&T,
Inc
3.800
12/01/57
9,217,353‌
2,000,000
(d)
Bharti
Airtel
Ltd
4.375
06/10/25
1,993,608‌
2,750,000
(d)
Bharti
Airtel
Ltd
3.250
06/03/31
2,512,298‌
2,500,000
(d)
C&W
Senior
Financing
Designated
Activity
Co
6.875
09/15/27
2,491,309‌
1,225,000
(d)
CT
Trust
5.125
02/03/32
1,123,142‌
3,850,000
(d)
Empresa
Nacional
de
Telecomunicaciones
S.A.
3.050
09/14/32
3,294,601‌
2,500,000
(d)
Frontier
Communications
Holdings
LLC
5.875
10/15/27
2,510,168‌
1,925,000
(d)
Iliad
Holding
SASU
6.500
10/15/26
1,945,984‌
892,000
(d)
Iliad
Holding
SASU
7.000
10/15/28
907,447‌
865,000
(d)
Iliad
Holding
SASU
8.500
04/15/31
930,399‌
5,000,000
(d)
Level
3
Financing,
Inc
10.500
05/15/30
5,381,250‌
1,500,000
(d)
Liberty
Costa
Rica
Senior
Secured
Finance
10.875
01/15/31
1,642,950‌
1,675,000
(d)
Millicom
International
Cellular
S.A.
4.500
04/27/31
1,510,163‌
2,750,000
(d),(e)
Millicom
International
Cellular
S.A.
7.375
04/02/32
2,825,640‌
5,500,000
(d)
MTN
Mauritius
Investment
Ltd
6.500
10/13/26
5,582,429‌
500,000
Orange
S.A.
5.375
01/13/42
506,555‌
220,000
(a),(d)
Sable
International
Finance
Ltd
7.125
10/15/32
220,825‌
5,075,000
(d)
Sitios
Latinoamerica
SAB
de
C.V.
5.375
04/04/32
4,927,172‌
1,575,000
(d)
Telecomunicaciones
Digitales
S.A.
4.500
01/30/30
1,440,622‌
5,000,000
Telefonica
Emisiones
S.A.
5.213
03/08/47
4,742,989‌
2,990,000
Telefonica
Emisiones
S.A.
4.895
03/06/48
2,718,026‌
3,000,000
(d)
Telefonica
Moviles
Chile
S.A.
3.537
11/18/31
2,481,593‌
800,000
T-Mobile
USA,
Inc
2.250
02/15/26
777,813‌
23,850,000
T-Mobile
USA,
Inc
2.625
02/15/29
22,216,318‌
23,910,000
T-Mobile
USA,
Inc
3.875
04/15/30
23,251,773‌
Core
Bond
180
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
TELECOMMUNICATION
SERVICES
-
2.1%
(continued)
$
10,800,000
T-Mobile
USA,
Inc
5.050
%
07/15/33
$
11,069,924‌
1,275,000
T-Mobile
USA,
Inc
3.000
02/15/41
979,196‌
4,545,000
T-Mobile
USA,
Inc
3.300
02/15/51
3,299,427‌
1,850,000
(d)
Turk
Telekomunikasyon
AS.
7.375
05/20/29
1,895,738‌
15,000,000
Verizon
Communications,
Inc
1.750
01/20/31
12,796,306‌
32,800,000
Verizon
Communications,
Inc
2.550
03/21/31
29,287,676‌
4,568,000
Verizon
Communications,
Inc
2.355
03/15/32
3,935,520‌
2,415,000
(d)
Vmed
O2
UK
Financing
I
plc
4.750
07/15/31
2,149,416‌
5,800,000
Vodafone
Group
plc
4.250
09/17/50
4,839,213‌
300,000
(a),(d)
Windstream
Escrow
LLC
8.250
10/01/31
304,990‌
TOTAL
TELECOMMUNICATION
SERVICES
227,385,380‌
TRANSPORTATION
-
0.5%
1,000,000
(d)
Adani
Ports
&
Special
Economic
Zone
Ltd
4.000
07/30/27
955,735‌
800,000
(d)
Adani
Ports
&
Special
Economic
Zone
Ltd
4.200
08/04/27
772,592‌
2,300,000
(d)
Adani
Ports
&
Special
Economic
Zone
Ltd
3.100
02/02/31
1,957,398‌
1,450,000
(d)
Aeropuerto
Internacional
de
Tocumen
S.A.
4.000
08/11/41
1,170,005‌
5,000,000
(d)
Brightline
East
LLC
11.000
01/31/30
4,250,234‌
3,750,000
Burlington
Northern
Santa
Fe
LLC
3.050
02/15/51
2,702,129‌
6,375,000
Canadian
Pacific
Railway
Co
2.050
03/05/30
5,705,801‌
2,950,000
Canadian
Pacific
Railway
Co
3.100
12/02/51
2,105,873‌
1,000,000
CSX
Corp
2.600
11/01/26
972,509‌
700,000
CSX
Corp
3.800
03/01/28
694,937‌
1,500,000
(d)
DP
World
Ltd
5.625
09/25/48
1,499,640‌
850,000
(d)
Empresa
de
los
Ferrocarriles
del
Estado
3.068
08/18/50
547,920‌
2,300,000
(d)
ENA
Master
Trust
4.000
05/19/48
1,742,480‌
1,110,000
(d)
Genesee
&
Wyoming,
Inc
6.250
04/15/32
1,141,468‌
4,000,000
(d)
Mexico
City
Airport
Trust
5.500
07/31/47
3,455,552‌
2,260,000
(d)
Misc
Capital
Two
Labuan
Ltd
3.750
04/06/27
2,221,331‌
3,000,000
(d)
Rumo
Luxembourg
Sarl
5.250
01/10/28
2,980,047‌
3,000,000
Southwest
Airlines
Co
5.125
06/15/27
3,055,304‌
3,000,000
(d)
Transnet
SOC
Ltd
8.250
02/06/28
3,109,740‌
7,200,000
Union
Pacific
Corp
2.891
04/06/36
6,195,078‌
1,175,000
Union
Pacific
Corp
3.839
03/20/60
938,815‌
2,000,000
(e)
United
Parcel
Service,
Inc
5.500
05/22/54
2,133,203‌
3,940,000
(d)
XPO,
Inc
6.250
06/01/28
4,029,611‌
TOTAL
TRANSPORTATION
54,337,402‌
UTILITIES
-
3.1%
1,491,125
(d)
Adani
Transmission
Ltd
4.250
05/21/36
1,307,024‌
1,000,000
AEP
Transmission
Co
LLC
3.100
12/01/26
977,731‌
1,000,000
AEP
Transmission
Co
LLC
4.000
12/01/46
856,093‌
1,740,000
AEP
Transmission
Co
LLC
3.750
12/01/47
1,409,542‌
3,080,000
AEP
Transmission
Co
LLC
2.750
08/15/51
2,033,609‌
2,925,000
AEP
Transmission
Co
LLC
5.400
03/15/53
3,030,361‌
725,000
Alabama
Power
Co
4.150
08/15/44
634,017‌
3,000,000
Alabama
Power
Co
3.450
10/01/49
2,308,094‌
10,350,000
Alabama
Power
Co
3.125
07/15/51
7,365,504‌
4,756,989
(d)
Alfa
Desarrollo
S.p.A
4.550
09/27/51
3,758,557‌
3,250,000
Ameren
Corp
1.750
03/15/28
2,988,066‌
14,500,000
Ameren
Illinois
Co
4.950
06/01/33
14,916,948‌
1,650,000
American
Water
Capital
Corp
3.000
12/01/26
1,608,531‌
3,075,000
American
Water
Capital
Corp
2.800
05/01/30
2,853,179‌
10,000,000
American
Water
Capital
Corp
2.300
06/01/31
8,778,764‌
1,400,000
American
Water
Capital
Corp
4.000
12/01/46
1,198,966‌
1,425,000
American
Water
Capital
Corp
3.750
09/01/47
1,161,677‌
675,000
American
Water
Capital
Corp
3.450
05/01/50
517,291‌
760,000
American
Water
Capital
Corp
3.250
06/01/51
557,834‌
2,990,000
Atmos
Energy
Corp
1.500
01/15/31
2,532,676‌
375,000
Atmos
Energy
Corp
4.125
10/15/44
331,375‌
10,075,000
(a)
Atmos
Energy
Corp
5.000
12/15/54
9,840,399‌
2,050,000
Baltimore
Gas
and
Electric
Co
3.750
08/15/47
1,661,016‌
4,950,000
Berkshire
Hathaway
Energy
Co
3.250
04/15/28
4,820,220‌
7,137,000
Berkshire
Hathaway
Energy
Co
1.650
05/15/31
6,035,948‌
181
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
UTILITIES
-
3.1%
(continued)
$
850,000
Black
Hills
Corp
3.150
%
01/15/27
$
826,896‌
760,000
Black
Hills
Corp
3.875
10/15/49
592,613‌
1,200,000
CenterPoint
Energy
Houston
Electric
LLC
3.000
03/01/32
1,081,253‌
1,125,000
CMS
Energy
Corp
3.600
11/15/25
1,109,851‌
2,125,000
(d)
Colbun
S.A.
3.150
01/19/32
1,873,297‌
850,000
(d)
Comision
Federal
de
Electricidad
5.700
01/24/30
851,870‌
3,000,000
(d)
Comision
Federal
de
Electricidad
3.348
02/09/31
2,592,763‌
9,470,000
Commonwealth
Edison
Co
3.000
03/01/50
6,616,849‌
6,250,000
Commonwealth
Edison
Co
2.750
09/01/51
4,124,489‌
10,250,000
Consolidated
Edison
Co
of
New
York,
Inc
5.700
05/15/54
11,100,734‌
817,000
Consumers
Energy
Co
2.650
08/15/52
545,325‌
8,000,000
Consumers
Energy
Co
4.200
09/01/52
7,038,807‌
1,500,000
(d)
Continuum
Green
Energy
India
Pvt
7.500
06/26/33
1,575,000‌
6,300,000
Dominion
Energy,
Inc
3.300
04/15/41
4,878,514‌
3,100,000
Dominion
Energy,
Inc
7.000
06/01/54
3,384,664‌
12,000,000
Dominion
Energy,
Inc
4.350
N/A(f)
11,687,402‌
1,500,000
DTE
Electric
Co
3.650
03/01/52
1,195,348‌
3,875,000
DTE
Electric
Co
5.400
04/01/53
4,068,753‌
7,000,000
Duke
Energy
Carolinas
LLC
5.400
01/15/54
7,282,558‌
14,570,000
Duke
Energy
Corp
3.300
06/15/41
11,475,545‌
3,125,000
Duke
Energy
Corp
3.750
09/01/46
2,482,647‌
5,310,000
Duke
Energy
Progress
LLC
2.500
08/15/50
3,362,314‌
2,100,000
Eastern
Energy
Gas
Holdings
LLC
2.500
11/15/24
2,092,619‌
1,300,000
(d)
Electricidad
Firme
de
Mexico
Holdings
S.A.
de
C.V.
4.900
11/20/26
1,260,050‌
1,500,000
(d)
Empresa
de
Transmision
Electrica
S.A.
5.125
05/02/49
1,178,142‌
2,390,000
(d)
Empresas
Publicas
de
Medellin
ESP
4.250
07/18/29
2,181,409‌
1,800,000
(d)
EnfraGen
Energia
Sur
S.A.
5.375
12/30/30
1,550,734‌
1,310,000
(d)
Engie
Energia
Chile
S.A.
6.375
04/17/34
1,395,984‌
1,000,000
Entergy
Arkansas
LLC
2.650
06/15/51
639,787‌
3,000,000
Entergy
Corp
0.900
09/15/25
2,898,617‌
7,350,000
Enterprise
Products
Operating
LLC
3.700
01/31/51
5,719,701‌
900,000
(d)
Eskom
Holdings
SOC
Ltd
8.450
08/10/28
953,002‌
3,000,000
Eversource
Energy
3.450
01/15/50
2,236,677‌
2,455,000
(d)
Ferrellgas
LP
5.375
04/01/26
2,449,296‌
3,225,000
(d)
Ferrellgas
LP
5.875
04/01/29
3,017,922‌
2,250,000
(d)
FIEMEX
Energia-Banco
Actinver
S.A.
Institucion
de
Banca
Multiple
7.250
01/31/41
2,346,075‌
10,450,000
Florida
Power
&
Light
Co
4.800
05/15/33
10,696,953‌
2,700,000
Florida
Power
&
Light
Co
3.990
03/01/49
2,304,001‌
2,000,000
Georgia
Power
Co
4.650
05/16/28
2,036,252‌
2,000,000
Georgia
Power
Co
4.950
05/17/33
2,055,981‌
1,150,000
Indiana
Michigan
Power
Co
3.750
07/01/47
913,620‌
2,865,000
Indiana
Michigan
Power
Co
3.250
05/01/51
2,051,165‌
6,000,000
(d)
Israel
Electric
Corp
Ltd
4.250
08/14/28
5,755,444‌
2,000,000
(d)
Kallpa
Generacion
SA
4.125
08/16/27
1,966,069‌
2,600,000
(d)
Korea
Southern
Power
Co
Ltd
0.750
01/27/26
2,479,635‌
7,275,000
MidAmerican
Energy
Co
3.650
04/15/29
7,146,985‌
2,175,000
MidAmerican
Energy
Co
3.650
08/01/48
1,748,387‌
1,650,000
Nevada
Power
Co
2.400
05/01/30
1,495,435‌
2,000,000
(d)
Niagara
Energy
SAC
5.746
10/03/34
2,009,731‌
15,720,000
NiSource,
Inc
1.700
02/15/31
13,271,195‌
2,845,000
(d)
NRG
Energy,
Inc
2.450
12/02/27
2,665,414‌
1,250,000
NRG
Energy,
Inc
5.750
01/15/28
1,259,300‌
2,000,000
NSTAR
Electric
Co
3.200
05/15/27
1,955,008‌
850,000
NSTAR
Electric
Co
3.950
04/01/30
841,448‌
2,175,000
Ohio
Power
Co
4.150
04/01/48
1,816,246‌
2,175,000
Ohio
Power
Co
4.000
06/01/49
1,782,057‌
150,000
Oncor
Electric
Delivery
Co
LLC
7.250
01/15/33
176,701‌
2,940,000
PacifiCorp
2.700
09/15/30
2,667,669‌
350,000
(d)
Pattern
Energy
Operations
LP
4.500
08/15/28
338,586‌
1,375,000
PECO
Energy
Co
3.000
09/15/49
974,678‌
1,000,000
PECO
Energy
Co
2.800
06/15/50
679,556‌
1,400,000
(d)
Perusahaan
Listrik
Negara
PT
3.875
07/17/29
1,353,131‌
Core
Bond
182
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
UTILITIES
-
3.1%
(continued)
$
2,500,000
(d)
Perusahaan
Listrik
Negara
PT
3.375
%
02/05/30
$
2,337,549‌
135,000
Potomac
Electric
Power
Co
7.900
12/15/38
177,141‌
5,440,000
Public
Service
Co
of
Colorado
3.200
03/01/50
3,890,315‌
2,825,000
Public
Service
Electric
and
Gas
Co
4.900
12/15/32
2,922,881‌
3,925,000
Public
Service
Electric
and
Gas
Co
3.150
01/01/50
2,895,148‌
5,000,000
Public
Service
Electric
and
Gas
Co
5.450
03/01/54
5,308,440‌
4,000,000
Sempra
4.875
N/A(f)
3,957,066‌
5,000,000
Southern
Co
4.850
03/15/35
5,040,303‌
2,075,000
Southern
Co
Gas
Capital
Corp
3.875
11/15/25
2,058,296‌
1,250,000
Southern
Co
Gas
Capital
Corp
4.400
06/01/43
1,119,017‌
3,175,000
Southern
Co
Gas
Capital
Corp
3.950
10/01/46
2,616,247‌
4,900,000
Southwestern
Public
Service
Co
3.400
08/15/46
3,627,998‌
550,000
(d)
Superior
Plus
LP
4.500
03/15/29
521,480‌
2,815,000
(d)
Talen
Energy
Supply
LLC
8.625
06/01/30
3,067,849‌
4,000,000
(d)
TerraForm
Power
Operating
LLC
4.750
01/15/30
3,828,152‌
1,465,009
(d)
UEP
Penonome
II
S.A.
6.500
10/01/38
1,269,413‌
4,600,000
Union
Electric
Co
5.450
03/15/53
4,801,645‌
2,250,000
Union
Electric
Co
5.125
03/15/55
2,242,759‌
1,025,000
Virginia
Electric
and
Power
Co
2.950
11/15/26
1,002,139‌
2,850,000
Virginia
Electric
and
Power
Co
5.700
08/15/53
3,048,106‌
775,000
Virginia
Electric
and
Power
Co
5.550
08/15/54
814,589‌
5,000,000
Wisconsin
Power
and
Light
Co
4.950
04/01/33
5,104,726‌
1,000,000
Wisconsin
Power
and
Light
Co
4.100
10/15/44
843,611‌
470,000
Xcel
Energy,
Inc
4.800
09/15/41
432,404‌
TOTAL
UTILITIES
338,518,850‌
TOTAL
CORPORATE
BONDS
(Cost
$3,841,462,865)
3,696,710,800‌
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
GOVERNMENT
BONDS
-
47.4%
AGENCY
SECURITIES
-
0.1%
2,518,982
Canal
Barge
Co,
Inc
4.500
11/12/34
2,511,524‌
4,000,000
United
States
International
Development
Finance
Corp
3.520
09/20/32
3,916,424‌
TOTAL
AGENCY
SECURITIES
6,427,948‌
FOREIGN
GOVERNMENT
BONDS
-
2.0%
3,125,000
(d)
Angolan
Government
International
Bond
8.750
04/14/32
2,802,212‌
INR
140,000,000
Asian
Development
Bank
6.200
10/06/26
1,663,008‌
950,000
(d)
Bank
Gospodarstwa
Krajowego
6.250
10/31/28
1,018,827‌
3,305,000
(d)
Bank
Gospodarstwa
Krajowego
5.375
05/22/33
3,392,880‌
3,415,000
(d)
Banque
Ouest
Africaine
de
Developpement
4.700
10/22/31
3,081,696‌
EUR
2,100,000
(d)
Banque
Ouest
Africaine
de
Developpement
2.750
01/22/33
1,940,780‌
628,900
(d)
Barbados
Government
International
Bond
6.500
10/01/29
602,172‌
BRL
6,100,000
Brazil
Notas
do
Tesouro
Nacional
Serie
F
10.000
01/01/29
1,038,608‌
1,705,000
Brazilian
Government
International
Bond
6.000
10/20/33
1,728,281‌
3,275,000
Brazilian
Government
International
Bond
4.750
01/14/50
2,502,247‌
1,500,000
Brazilian
Government
International
Bond
7.125
05/13/54
1,551,925‌
5,950,000
Chile
Government
International
Bond
2.550
01/27/32
5,250,892‌
1,900,000
Chile
Government
International
Bond
3.500
01/31/34
1,745,681‌
990,000
Chile
Government
International
Bond
3.100
05/07/41
771,863‌
2,525,000
Colombia
Government
International
Bond
3.250
04/22/32
2,034,303‌
1,425,000
Colombia
Government
International
Bond
7.500
02/02/34
1,477,773‌
1,350,000
Colombia
Government
International
Bond
8.000
11/14/35
1,438,862‌
1,300,000
Colombia
Government
International
Bond
5.000
06/15/45
956,538‌
3,460,000
(d)
Costa
Rica
Government
International
Bond
5.625
04/30/43
3,236,249‌
1,295,000
(d)
Dominican
Republic
Government
International
Bond
5.500
02/22/29
1,301,353‌
DOP
54,000,000
(d)
Dominican
Republic
Government
International
Bond
12.000
03/05/32
994,365‌
3,850,000
(d)
Dominican
Republic
Government
International
Bond
5.875
01/30/60
3,603,946‌
2,040,000
(d)
Dominican
Republic
International
Bond
5.300
01/21/41
1,874,188‌
857,325
(d)
Ecuador
Government
International
Bond
(Step
Bond)
5.000
07/31/30
622,510‌
956,102
(d)
Ecuador
Government
International
Bond
(Step
Bond)
1.000
07/31/35
542,025‌
1,150,000
(d)
Egypt
Government
International
Bond
7.600
03/01/29
1,108,330‌
1,500,000
(d)
Egypt
Government
International
Bond
7.053
01/15/32
1,298,271‌
183
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
FOREIGN
GOVERNMENT
BONDS
(continued)
$
1,050,000
(d)
Egypt
Government
International
Bond
8.500
%
01/31/47
$
846,405‌
1,875,000
(d)
Egypt
Government
International
Bond
8.875
05/29/50
1,548,797‌
395,000
European
Investment
Bank
4.875
02/15/36
427,411‌
4,400,000
(d)
Export-Import
Bank
of
India
3.875
02/01/28
4,321,847‌
1,900,000
(d)
Export-Import
Bank
of
India
2.250
01/13/31
1,651,602‌
2,200,000
Export-Import
Bank
of
Korea
0.750
09/21/25
2,126,289‌
3,200,000
Export-Import
Bank
of
Korea
1.250
09/21/30
2,716,304‌
950,000
(d)
Ghana
Government
International
Bond
8.125
03/26/32
503,301‌
1,500,000
(d)
Ghana
Government
International
Bond
8.627
06/16/49
783,420‌
525,000
(d)
Guatemala
Government
Bond
3.700
10/07/33
449,893‌
500,000
(d)
Guatemala
Government
Bond
6.125
06/01/50
477,688‌
1,350,000
(d)
Honduras
Government
International
Bond
6.250
01/19/27
1,303,938‌
1,100,000
(d)
Honduras
Government
International
Bond
5.625
06/24/30
972,950‌
710,000
(d)
Hungary
Government
International
Bond
6.125
05/22/28
740,175‌
875,000
(d)
Hungary
Government
International
Bond
5.250
06/16/29
887,451‌
575,000
(d)
Hungary
Government
International
Bond
2.125
09/22/31
476,549‌
1,950,000
(d)
Hungary
Government
International
Bond
5.500
03/26/36
1,963,671‌
500,000
Indonesia
Government
International
Bond
3.550
03/31/32
470,509‌
975,000
Indonesia
Government
International
Bond
4.750
09/10/34
983,624‌
IDR
28,000,000,000
Indonesia
Treasury
Bond
7.000
09/15/30
1,909,918‌
1,019,375
(d)
Iraq
Government
International
Bond
5.800
01/15/28
987,997‌
1,750,000
Israel
Government
International
Bond
5.375
03/12/29
1,778,228‌
EUR
125,000
(d)
Ivory
Coast
Government
International
Bond
4.875
01/30/32
122,783‌
770,000
(d)
Ivory
Coast
Government
International
Bond
6.125
06/15/33
724,758‌
3,825,000
(d)
Ivory
Coast
Government
International
Bond
8.250
01/30/37
3,934,808‌
887,154
(d)
Ivory
Coast
Government
International
Bond
(Step
Bond)
5.750
12/31/32
847,502‌
710,000
Jamaica
Government
International
Bond
6.750
04/28/28
748,979‌
3,050,000
Jamaica
Government
International
Bond
7.875
07/28/45
3,768,658‌
1,000,000
(d)
Jordan
Government
International
Bond
7.500
01/13/29
1,015,560‌
2,060,000
(d)
Jordan
Government
International
Bond
5.850
07/07/30
1,941,558‌
1,375,000
(d)
Kenya
Government
International
Bond
7.000
05/22/27
1,349,455‌
1,000,000
(d)
Kenya
Government
International
Bond
8.000
05/22/32
929,505‌
2,000,000
(d)
Kommunalbanken
AS.
1.125
06/14/30
1,732,882‌
3,175,000
(d)
Korea
Electric
Power
Corp
1.125
06/15/25
3,100,431‌
3,000,000
(d)
Korea
Hydro
&
Nuclear
Power
Co
Ltd
1.250
04/27/26
2,861,091‌
445,000
(d)
Magyar
Export-Import
Bank
Zrt
6.125
12/04/27
457,264‌
MYR
7,600,000
Malaysia
Government
Bond
3.828
07/05/34
1,857,673‌
MXN
27,200,000
Mexican
Bonos
5.750
03/05/26
1,310,739‌
MXN
24,500,000
Mexican
Bonos
8.500
11/18/38
1,144,843‌
825,000
Mexico
Government
International
Bond
5.400
02/09/28
842,449‌
900,000
Mexico
Government
International
Bond
3.250
04/16/30
825,239‌
1,800,000
Mexico
Government
International
Bond
3.500
02/12/34
1,531,395‌
3,424,000
Mexico
Government
International
Bond
6.050
01/11/40
3,458,535‌
5,850,000
Mexico
Government
International
Bond
4.280
08/14/41
4,773,268‌
2,025,000
Mexico
Government
International
Bond
4.750
03/08/44
1,712,702‌
3,000,000
Mexico
Government
International
Bond
6.400
05/07/54
3,001,113‌
1,710,000
(d)
Mongolia
Government
International
Bond
4.450
07/07/31
1,515,926‌
2,825,000
(d)
Morocco
Government
International
Bond
5.500
12/11/42
2,680,038‌
525,000
(d)
Morocco
Government
International
Bond
4.000
12/15/50
387,240‌
2,500,000
(d)
Namibia
Government
International
Bond
5.250
10/29/25
2,474,993‌
1,025,000
(d)
Nigeria
Government
International
Bond
8.375
03/24/29
992,411‌
345,000
(d)
Nigeria
Government
International
Bond
7.875
02/16/32
310,413‌
2,325,000
(d)
Nigeria
Government
International
Bond
7.375
09/28/33
1,975,878‌
2,090,000
(d)
Oman
Government
International
Bond
6.000
08/01/29
2,189,275‌
1,500,000
(d)
Oman
Government
International
Bond
6.250
01/25/31
1,600,518‌
3,125,000
(d)
OPEC
Fund
for
International
Development
4.500
01/26/26
3,134,060‌
2,475,000
Oriental
Republic
of
Uruguay
5.250
09/10/60
2,475,607‌
2,645,000
Panama
Bonos
del
Tesoro
3.362
06/30/31
2,159,933‌
4,125,000
Panama
Government
International
Bond
6.700
01/26/36
4,293,523‌
1,500,000
Panama
Government
International
Bond
4.500
04/01/56
1,077,513‌
475,000
(d)
Paraguay
Government
International
Bond
4.700
03/27/27
473,575‌
2,200,000
(d)
Paraguay
Government
International
Bond
6.100
08/11/44
2,255,481‌
Core
Bond
184
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
FOREIGN
GOVERNMENT
BONDS
(continued)
$
2,800,000
(d)
Paraguay
Government
International
Bond
5.400
%
03/30/50
$
2,608,402‌
1,200,000
(d)
Perusahaan
Penerbit
SBSN
Indonesia
III
4.700
06/06/32
1,214,361‌
1,315,000
Peruvian
Government
International
Bond
3.000
01/15/34
1,126,517‌
1,965,000
Peruvian
Government
International
Bond
5.875
08/08/54
2,059,716‌
975,000
Philippine
Government
International
Bond
4.750
03/05/35
984,746‌
1,320,000
Philippine
Government
International
Bond
4.200
03/29/47
1,179,684‌
620,000
Province
of
Quebec
Canada
7.500
09/15/29
720,259‌
1,125,000
(d)
Republic
of
Azerbaijan
International
Bond
3.500
09/01/32
1,010,063‌
5,000,000
Republic
of
Italy
Government
International
Bond
4.000
10/17/49
3,837,500‌
1,000,000
(d)
Republic
of
Kenya
Government
International
Bond
9.750
02/16/31
1,010,700‌
1,490,000
(d)
Republic
of
Kenya
Government
International
Bond
6.300
01/23/34
1,218,573‌
PLN
6,600,000
Republic
of
Poland
Government
International
Bond
6.000
10/25/33
1,813,376‌
2,000,000
Republic
of
Poland
Government
International
Bond
5.125
09/18/34
2,055,220‌
2,098,000
Republic
of
Poland
Government
International
Bond
5.500
04/04/53
2,146,397‌
2,000,000
Republic
of
South
Africa
Government
International
Bond
5.875
09/16/25
2,015,088‌
ZAR
23,400,000
Republic
of
South
Africa
Government
International
Bond
8.750
01/31/44
1,134,373‌
2,895,000
Republic
of
South
Africa
Government
International
Bond
5.375
07/24/44
2,407,554‌
1,475,000
Republic
of
South
Africa
Government
International
Bond
7.300
04/20/52
1,466,121‌
UZS
7,970,000,000
(d)
Republic
of
Uzbekistan
International
Bond
16.625
05/29/27
603,354‌
1,490,000
(d)
Republic
of
Uzbekistan
International
Bond
7.850
10/12/28
1,574,744‌
1,960,000
(d)
Republic
of
Uzbekistan
International
Bond
5.375
02/20/29
1,896,300‌
1,700,000
(d)
Republic
of
Uzbekistan
International
Bond
3.700
11/25/30
1,465,213‌
950,000
(d)
Republic
of
Uzbekistan
International
Bond
6.900
02/28/32
957,382‌
RON
3,900,000
Romania
Government
Bond
8.750
10/30/28
945,226‌
1,180,000
(d),(h)
Romanian
Government
International
Bond
5.875
01/30/29
1,208,535‌
2,000,000
(d)
Romanian
Government
International
Bond
3.000
02/14/31
1,744,368‌
726,000
(d)
Romanian
Government
International
Bond
5.750
03/24/35
721,281‌
1,425,000
(d)
Romanian
Government
International
Bond
4.000
02/14/51
1,037,828‌
3,825,000
(d)
Rwanda
International
Government
Bond
5.500
08/09/31
3,162,778‌
2,800,000
(d)
Saudi
Government
International
Bond
4.500
04/17/30
2,815,319‌
1,650,000
(d)
Saudi
Government
International
Bond
5.000
01/16/34
1,689,567‌
2,810,000
(d)
Saudi
Government
International
Bond
3.750
01/21/55
2,076,239‌
1,700,000
(d)
Senegal
Government
International
Bond
6.250
05/23/33
1,463,913‌
1,825,000
(d)
Serbia
Government
International
Bond
2.125
12/01/30
1,530,827‌
1,810,000
(d)
Serbia
Government
International
Bond
6.500
09/26/33
1,936,770‌
1,525,000
(d)
Serbia
International
Bond
6.000
06/12/34
1,568,821‌
1,110,000
State
of
Israel
3.800
05/13/60
771,753‌
1,750,000
Turkey
Government
International
Bond
6.000
01/14/41
1,540,000‌
2,125,000
Turkiye
Government
International
Bond
7.625
05/15/34
2,255,184‌
2,100,000
(a)
Turkiye
Government
International
Bond
6.500
01/03/35
2,059,050‌
33,169
(d)
Ukraine
Government
International
Bond
0.000
02/01/30
14,429‌
123,947
(d)
Ukraine
Government
International
Bond
0.000
02/01/34
41,956‌
303,607
(d)
Ukraine
Government
International
Bond
1.750
02/01/34
134,498‌
104,744
(d)
Ukraine
Government
International
Bond
0.000
02/01/35
45,616‌
151,803
(d)
Ukraine
Government
International
Bond
1.750
02/01/35
65,427‌
87,287
(d)
Ukraine
Government
International
Bond
0.000
02/01/36
37,599‌
151,803
(d)
Ukraine
Government
International
Bond
1.750
02/01/36
64,698‌
1,163,970
(d)
Zambia
Government
International
Bond
5.750
06/30/33
1,025,748‌
556,713
(d)
Zambia
Government
International
Bond
0.500
12/31/53
273,550‌
TOTAL
FOREIGN
GOVERNMENT
BONDS
218,633,949‌
MORTGAGE
BACKED
-
24.5%
4,335,000
(b),(d)
Angel
Oak
Mortgage
Trust
2.837
11/25/66
3,173,564‌
4,719,170
(b),(d)
Bayview
MSR
Opportunity
Master
Fund
Trust
3.000
10/25/51
4,085,436‌
70,762,958
(b),(d)
Citigroup
Mortgage
Loan
Trust
0.155
02/25/52
612,241‌
7,929,752
(b),(d)
Citigroup
Mortgage
Loan
Trust
0.250
02/25/52
113,547‌
1,400,000
(b),(d)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
+
4.500%)
9.780
01/25/42
1,481,786‌
13,155,000
(b),(d)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
+
3.100%)
8.380
03/25/42
13,718,810‌
20,185,000
(b),(d)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
+
4.650%)
9.913
06/25/42
21,846,189‌
3,585,000
(b),(d)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
+
3.350%)
8.630
01/25/43
3,784,344‌
2,750,000
(b),(d)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
+
3.550%)
8.813
05/25/43
2,943,238‌
1,475,000
(b),(d)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
+
5.350%)
10.613
05/25/43
1,628,543‌
3,395,000
(b),(d)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
+
3.100%)
8.363
06/25/43
3,565,318‌
185
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MORTGAGE
BACKED
(continued)
$
860,000
(b),(d)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
+
6.850%)
12.113
%
06/25/43
$
959,045‌
4,015,000
(b),(d)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
+
3.900%)
9.188
07/25/43
4,257,364‌
1,275,000
(b),(d)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
+
5.900%)
11.180
07/25/43
1,398,775‌
5,510,000
(b),(d)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
+
3.550%)
8.830
10/25/43
5,785,447‌
2,067,877
(b)
Fannie
Mae
REMICS,
(SOFR30A
+
5.836%)
0.555
09/25/43
306,323‌
2,790,603
Fannie
Mae
REMICS
3.000
07/25/45
2,547,975‌
5,522,884
Fannie
Mae
REMICS
3.500
02/25/48
4,994,753‌
4,023,746
Fannie
Mae
REMICS
4.000
07/25/48
3,851,351‌
6,153,759
Fannie
Mae
REMICS
2.000
08/25/50
805,019‌
8,498,447
Fannie
Mae
REMICS
2.000
10/25/50
5,974,704‌
17,038,747
Fannie
Mae
REMICS
2.500
11/25/50
2,427,316‌
8,659,634
Fannie
Mae
REMICS
3.000
12/25/50
1,504,390‌
5,897,706
Fannie
Mae
REMICS
3.000
02/25/51
993,766‌
9,667,813
Fannie
Mae
REMICS
2.500
11/25/51
1,188,745‌
13,648,930
Fannie
Mae
REMICS
3.500
04/25/52
11,023,945‌
3,268,360
Fannie
Mae
REMICS
4.000
05/25/52
2,750,131‌
8,704,652
Fannie
Mae
REMICS
4.500
07/25/52
8,631,431‌
4,959,947
Fannie
Mae
REMICS
4.500
08/25/52
4,415,091‌
3,743,866
Fannie
Mae
REMICS
4.000
09/25/52
3,302,106‌
4,444,822
Fannie
Mae
REMICS
4.000
09/25/52
4,108,069‌
3,610,167
Fannie
Mae
REMICS
4.500
10/25/52
3,452,155‌
4,118,873
Fannie
Mae
REMICS
4.500
10/25/52
4,057,843‌
6,672,994
Fannie
Mae
REMICS
5.500
11/25/52
6,828,401‌
5,156,998
Federal
Home
Loan
Mortgage
Corp
(FHLMC)
3.000
09/01/51
4,730,514‌
8,839,148
FHLMC
2.500
11/01/51
7,658,689‌
21,125,836
FHLMC
3.000
11/01/51
19,343,503‌
3,867,072
FHLMC
3.000
11/01/51
3,526,995‌
1,998,942
FHLMC
3.000
11/01/51
1,835,867‌
3,122,109
FHLMC
3.000
11/01/51
2,860,443‌
6,177,175
FHLMC
3.000
02/01/52
5,556,263‌
8,369,545
FHLMC
3.000
03/01/52
7,525,185‌
11,838,514
FHLMC
2.500
04/01/52
10,313,215‌
5,487,617
FHLMC
3.000
04/01/52
4,994,337‌
11,750,306
FHLMC
4.000
04/01/52
11,302,310‌
3,297,233
FHLMC
3.000
06/01/52
2,978,481‌
13,476,838
FHLMC
3.000
06/01/52
12,114,778‌
856,421
FHLMC
3.500
06/01/52
800,821‌
22,782,020
FHLMC
4.500
06/01/52
22,423,130‌
34,651,750
FHLMC
4.500
07/01/52
34,075,329‌
22,673,538
FHLMC
4.500
07/01/52
22,316,357‌
1,420,110
FHLMC
3.000
10/01/52
1,276,066‌
4,794,294
FHLMC
3.500
12/01/52
4,464,871‌
29,990,588
FHLMC
5.500
08/01/53
30,369,915‌
180
Federal
Home
Loan
Mortgage
Corp
Gold
(FGLMC)
8.000
01/01/31
181‌
5,056
FGLMC
8.000
09/01/31
5,216‌
50,284
FGLMC
7.000
12/01/31
52,245‌
26,899
FGLMC
4.500
07/01/33
27,135‌
185,135
FGLMC
7.000
12/01/33
194,006‌
64,735
FGLMC
4.500
04/01/35
65,328‌
49,375
FGLMC
7.000
05/01/35
51,902‌
1,099,948
FGLMC
5.000
06/01/36
1,129,777‌
46,028
FGLMC
5.000
07/01/39
47,470‌
989,077
FGLMC
5.000
08/01/44
1,020,011‌
55,909
FGLMC
4.500
11/01/44
56,066‌
101,313
FGLMC
4.500
11/01/44
101,599‌
53,500
FGLMC
4.500
12/01/44
53,651‌
52,043
FGLMC
4.500
12/01/44
51,704‌
478,394
FGLMC
3.500
04/01/45
457,391‌
9,677,437
FGLMC
3.500
08/01/45
9,284,885‌
10,350,855
FGLMC
3.500
10/01/45
9,850,277‌
3,504,226
FGLMC
4.500
06/01/47
3,517,922‌
2,406,934
FGLMC
4.000
09/01/47
2,355,697‌
Core
Bond
186
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MORTGAGE
BACKED
(continued)
$
3,136,650
FGLMC
3.500
%
12/01/47
$
2,978,292‌
7,211,008
FGLMC
4.500
08/01/48
7,241,249‌
42
Federal
National
Mortgage
Association
(FNMA)
7.500
01/01/29
43‌
480
FNMA
7.500
03/01/31
501‌
558,576
FNMA
3.500
05/01/32
552,034‌
390,750
FNMA
5.000
05/01/35
400,631‌
308,727
FNMA
5.000
10/01/35
316,690‌
162,137
FNMA
5.000
02/01/36
166,386‌
241,952
FNMA
5.500
11/01/38
249,774‌
2,556,102
FNMA
3.000
10/01/39
2,396,160‌
1,208,342
FNMA
3.000
05/01/40
1,138,475‌
240,418
FNMA
5.000
09/01/40
247,680‌
159,893
FNMA
4.000
02/01/41
158,098‌
325,096
FNMA
5.000
05/01/41
334,787‌
4,303,121
FNMA
4.000
09/01/42
4,228,231‌
557,261
FNMA
3.500
04/01/43
532,069‌
487,762
FNMA
3.500
09/01/43
466,631‌
1,577,140
FNMA
4.500
03/01/44
1,591,925‌
31,920,414
FNMA
4.000
05/01/44
31,522,364‌
471,590
FNMA
4.500
06/01/44
472,403‌
1,841,968
FNMA
4.500
06/01/44
1,847,129‌
1,020,666
FNMA
4.500
08/01/44
1,023,526‌
1,528,609
FNMA
4.500
10/01/44
1,531,241‌
1,025,668
FNMA
4.500
11/01/44
1,027,433‌
946,386
FNMA
5.000
11/01/44
974,895‌
291,312
FNMA
4.500
12/01/44
291,814‌
1,028,954
FNMA
4.000
01/01/45
1,011,044‌
1,154,894
FNMA
3.500
05/01/45
1,106,820‌
2,351,155
FNMA
3.500
01/01/46
2,234,971‌
1,001,868
FNMA
4.000
04/01/46
984,422‌
1,746,619
FNMA
3.500
06/01/46
1,658,664‌
3,873,564
FNMA
3.500
07/01/46
3,679,023‌
7,999,596
FNMA
3.500
07/01/46
7,638,279‌
1,324,598
FNMA
3.000
10/01/46
1,194,014‌
1,094,992
FNMA
3.500
10/01/46
1,039,409‌
1,878,298
FNMA
4.500
05/01/47
1,899,759‌
626,562
FNMA
3.000
11/01/47
563,239‌
4,082,886
FNMA
3.500
11/01/47
3,892,122‌
5,528,559
FNMA
3.500
01/01/48
5,240,559‌
2,169,305
FNMA
4.500
01/01/48
2,176,006‌
824,456
FNMA
4.500
02/01/48
826,925‌
1,010,551
FNMA
4.500
05/01/48
1,013,577‌
1,426,773
FNMA
4.500
05/01/48
1,431,045‌
217,494
FNMA
3.000
06/01/49
194,160‌
2,359,871
FNMA
4.500
06/01/49
2,349,971‌
14,412,556
FNMA
3.000
07/01/50
13,202,226‌
9,479,921
FNMA
2.500
08/01/51
8,271,820‌
5,036,525
FNMA
3.500
08/01/51
4,746,688‌
4,180,597
FNMA
3.000
09/01/51
3,815,474‌
26,846,023
FNMA
2.500
12/01/51
23,411,370‌
22,627,429
FNMA
2.500
02/01/52
19,769,411‌
1,013,927
FNMA
2.500
02/01/52
884,626‌
14,567,652
FNMA
3.000
02/01/52
13,138,012‌
9,374,451
FNMA
3.500
02/01/52
8,855,530‌
13,964,712
FNMA
3.000
04/01/52
12,618,037‌
39,333,182
FNMA
3.000
04/01/52
35,676,522‌
18,971,064
FNMA
3.000
04/01/52
17,058,683‌
7,136,183
FNMA
3.000
05/01/52
6,479,175‌
24,527,845
FNMA
3.500
05/01/52
22,981,817‌
35,035,202
FNMA
4.000
05/01/52
33,696,069‌
18,290,106
FNMA
3.500
06/01/52
17,115,956‌
16,721,643
FNMA
3.500
06/01/52
15,593,420‌
187
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MORTGAGE
BACKED
(continued)
$
47,011,729
FNMA
4.000
%
06/01/52
$
45,144,461‌
10,980,783
FNMA
4.500
06/01/52
10,807,905‌
70,851,269
FNMA
4.000
07/01/52
68,090,559‌
74,146,537
FNMA
4.000
07/01/52
71,260,924‌
10,518,011
FNMA
4.500
07/01/52
10,352,418‌
4,365,521
FNMA
4.500
07/01/52
4,296,787‌
46,716,395
FNMA
4.500
07/01/52
45,967,005‌
52,690,327
FNMA
5.000
08/01/52
52,780,164‌
70,583,834
FNMA
4.000
09/01/52
67,812,201‌
152,271,932
FNMA
4.500
09/01/52
149,768,992‌
38,873,409
FNMA
5.000
09/01/52
38,928,679‌
29,640,988
FNMA
4.000
10/01/52
28,481,423‌
48,248,180
FNMA
4.500
10/01/52
47,450,339‌
37,975,716
FNMA
5.000
10/01/52
38,000,178‌
8,463,760
FNMA
4.000
11/01/52
8,134,301‌
58,511,000
FNMA
4.500
11/01/52
57,543,474‌
11,346,980
FNMA
5.500
12/01/52
11,504,477‌
3,397,919
FNMA
5.000
01/01/53
3,400,825‌
70,518,564
FNMA
5.000
02/01/53
70,533,492‌
23,156,898
FNMA
5.500
02/01/53
23,433,130‌
54,498,465
FNMA
5.000
04/01/53
54,505,793‌
7,128,230
FNMA
5.000
06/01/53
7,189,764‌
34,798,373
FNMA
5.500
06/01/53
35,203,615‌
21,464,911
FNMA
4.000
07/01/53
20,612,816‌
24,474,556
FNMA
5.000
08/01/53
24,458,942‌
91,974,324
FNMA
5.500
10/01/53
93,038,342‌
33,654,825
FNMA
6.000
01/01/54
34,396,529‌
81,746,653
FNMA
5.500
05/01/54
82,702,940‌
8,050,399
Freddie
Mac
REMICS
3.500
01/15/47
7,307,779‌
1,554,676
Freddie
Mac
REMICS
4.000
10/15/47
1,489,156‌
1,034,407
Freddie
Mac
REMICS
4.000
11/15/47
997,494‌
7,794,666
Freddie
Mac
REMICS
4.000
01/15/48
7,518,065‌
7,966,190
Freddie
Mac
REMICS
4.000
03/15/48
7,661,622‌
2,291,733
Freddie
Mac
REMICS
4.000
04/15/48
2,210,237‌
4,481,264
Freddie
Mac
REMICS
4.000
04/15/48
4,286,310‌
2,720,937
(b)
Freddie
Mac
REMICS,
(SOFR30A
+
9.737%)
1.190
06/15/48
2,668,861‌
2,886,949
(b)
Freddie
Mac
REMICS,
(SOFR30A
+
9.657%)
1.110
10/15/48
2,661,152‌
6,808,502
Freddie
Mac
REMICS
2.000
09/25/50
4,710,021‌
3,197,226
Freddie
Mac
REMICS
2.000
09/25/50
417,859‌
12,043,832
Freddie
Mac
REMICS
3.000
09/25/50
9,219,379‌
6,166,620
Freddie
Mac
REMICS
3.000
10/25/50
4,660,463‌
20,825,341
Freddie
Mac
REMICS
2.500
02/25/51
3,502,116‌
7,890,341
Freddie
Mac
REMICS
2.500
05/25/51
5,245,760‌
3,107,571
Freddie
Mac
REMICS
4.000
08/25/52
2,680,428‌
5,535,590
Freddie
Mac
REMICS
4.500
10/25/52
5,315,447‌
6,765,417
Freddie
Mac
REMICS
5.500
11/25/52
6,979,295‌
3,555,912
Freddie
Mac
REMICS
5.500
02/25/53
3,693,985‌
1,711,622
(b)
Freddie
Mac
Strips,
(SOFR30A
+
5.806%)
0.463
03/15/44
185,868‌
20,856
Government
National
Mortgage
Association
(GNMA)
6.500
11/20/38
21,739‌
184,120
GNMA
5.000
06/15/39
188,389‌
14,577,554
GNMA
5.000
01/20/40
3,069,378‌
6,734,687
GNMA
4.500
03/20/40
1,210,286‌
10,929,591
GNMA
5.000
03/20/40
2,179,712‌
9,508,585
GNMA
2.500
12/20/43
8,546,817‌
2,990,901
GNMA
3.000
03/20/45
2,704,951‌
768,656
GNMA
4.500
12/20/45
786,398‌
1,268,615
GNMA
4.000
06/20/46
150,854‌
3,888,307
GNMA
5.000
09/20/46
730,725‌
5,528,911
(b)
GNMA,
(TSFR1M
+
5.986%)
1.025
03/20/50
896,353‌
4,330,763
GNMA
3.000
06/20/51
3,954,221‌
12,879,817
GNMA
3.000
11/20/51
9,827,280‌
17,299,379
GNMA
3.000
12/20/51
13,167,391‌
Core
Bond
188
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MORTGAGE
BACKED
(continued)
$
15,589,828
GNMA
3.000
%
01/20/52
$
12,058,178‌
6,272,219
GNMA
2.500
02/20/52
5,374,877‌
14,530,493
GNMA
3.000
02/20/52
10,479,497‌
9,939,155
GNMA
4.000
04/20/52
8,696,054‌
11,027,049
GNMA
5.000
04/20/52
2,055,751‌
5,565,249
GNMA
3.000
05/20/52
5,073,701‌
57,643,723
GNMA
3.500
07/20/52
54,146,146‌
5,342,842
GNMA
4.000
07/20/52
4,555,161‌
9,645,256
GNMA
4.000
08/20/52
9,323,627‌
26,670,926
GNMA
4.500
08/20/52
26,373,196‌
46,414,403
GNMA
4.000
09/20/52
44,895,078‌
8,392,253
GNMA
4.500
09/20/52
8,027,494‌
7,318,794
GNMA
4.500
09/20/52
7,009,546‌
6,093,525
GNMA
4.500
09/20/52
5,860,690‌
4,441,600
GNMA
4.500
09/20/52
4,096,313‌
9,505,479
GNMA
5.000
11/20/52
9,535,363‌
5,121,580
GNMA
4.500
02/20/53
4,744,926‌
4,504,882
GNMA
5.500
02/20/53
4,593,247‌
10,624,623
(b)
GNMA,
(SOFR30A
+
6.950%)
1.605
05/20/53
739,542‌
8,203,824
(b)
GNMA,
(SOFR30A
+
23.205%)
2.358
08/20/53
8,991,218‌
5,657,931
(b)
GNMA,
(SOFR30A
+
25.350%)
4.503
08/20/53
6,559,725‌
80,831,796
(b),(d)
GS
Mortgage-Backed
Securities
Trust
0.151
08/25/51
663,936‌
12,192,285
(b),(d)
GS
Mortgage-Backed
Securities
Trust
2.500
11/25/51
10,201,213‌
8,033,884
(b),(d)
GS
Mortgage-Backed
Securities
Trust
2.500
03/25/52
6,701,652‌
7,616,615
(b),(d)
GS
Mortgage-Backed
Securities
Trust
2.500
05/01/52
6,779,104‌
2,641,548
(b),(d)
GS
Mortgage-Backed
Securities
Trust
2.831
05/28/52
2,188,502‌
7,690,223
(b),(d)
GS
Mortgage-Backed
Securities
Trust
3.000
08/26/52
6,657,508‌
66,741
(b)
Impac
CMB
Trust,
(TSFR1M
+
0.774%)
5.629
03/25/35
61,838‌
1,058,336
(b),(d)
JP
Morgan
Mortgage
Trust
3.500
05/25/47
974,569‌
704,829
(b),(d)
JP
Morgan
Mortgage
Trust
3.500
10/25/48
639,527‌
120,833
(b),(d)
JP
Morgan
Mortgage
Trust
4.000
01/25/49
114,920‌
22,865,571
(b),(d)
JP
Morgan
Mortgage
Trust
0.122
06/25/51
152,061‌
40,038,830
(b),(d)
JP
Morgan
Mortgage
Trust
0.109
11/25/51
235,853‌
3,609,297
(b),(d)
JP
Morgan
Mortgage
Trust
2.500
11/25/51
3,006,276‌
39,806,212
(b),(d)
JP
Morgan
Mortgage
Trust
0.117
12/25/51
252,431‌
3,807,551
(b),(d)
JP
Morgan
Mortgage
Trust
2.500
12/25/51
3,171,406‌
7,946,989
(b),(d)
JP
Morgan
Mortgage
Trust
2.500
01/25/52
6,619,249‌
9,178,544
(b),(d)
JP
Morgan
Mortgage
Trust
0.500
04/25/52
267,004‌
4,201,039
(b),(d)
JP
Morgan
Mortgage
Trust
3.343
04/25/52
3,551,361‌
6,558,040
(b),(d)
JP
Morgan
Mortgage
Trust
3.343
04/25/52
5,604,942‌
11,440,309
(b),(d)
JP
Morgan
Mortgage
Trust
2.500
06/25/52
9,514,647‌
4,625,047
(b),(d)
JP
Morgan
Mortgage
Trust
3.000
06/25/52
4,064,786‌
78,771,704
(d)
JP
Morgan
Mortgage
Trust
0.224
07/25/52
919,053‌
12,107,108
(b),(d)
JP
Morgan
Mortgage
Trust
2.500
07/25/52
10,069,208‌
20,389,513
(b),(d)
JP
Morgan
Mortgage
Trust
3.250
07/25/52
17,799,953‌
12,975,316
(b),(d)
JP
Morgan
Mortgage
Trust
3.000
08/25/52
11,232,870‌
7,799,795
(b),(d)
JP
Morgan
Mortgage
Trust
3.000
10/25/52
6,752,754‌
5,026,671
(b),(d)
JP
Morgan
Mortgage
Trust
3.000
11/25/52
4,358,167‌
7,284,191
(b),(d)
JP
Morgan
Mortgage
Trust
3.000
04/25/53
6,306,002‌
3,591,942
(b),(d)
JP
Morgan
Mortgage
Trust
5.000
06/25/53
3,525,573‌
3,189,987
(b),(d)
JP
Morgan
Mortgage
Trust
5.500
06/25/53
3,169,042‌
7,233,624
(b),(d)
Morgan
Stanley
Residential
Mortgage
Loan
Trust
2.500
08/25/51
6,025,069‌
5,433,990
(b),(d)
Morgan
Stanley
Residential
Mortgage
Loan
Trust
2.500
09/25/51
4,526,108‌
7,493,939
(b),(d)
Morgan
Stanley
Residential
Mortgage
Loan
Trust
2.500
09/25/51
6,713,489‌
540,540
(b),(d)
New
Residential
Mortgage
Loan
Trust
2.797
09/25/59
511,488‌
1,325,000
(b),(d)
NLT
Trust
2.569
08/25/56
997,191‌
5,022,029
(b),(d)
OBX
3.000
01/25/52
4,347,625‌
2,285,802
(b),(d)
RCKT
Mortgage
Trust
3.006
09/25/51
1,840,454‌
13,060,535
(b),(d)
RCKT
Mortgage
Trust
2.500
02/25/52
10,862,152‌
4,771,429
(b),(d)
RCKT
Mortgage
Trust
3.000
05/25/52
4,130,915‌
856,906
(b),(d)
RCKT
Mortgage
Trust
4.000
06/25/52
796,246‌
128,460
(b),(d)
Sequoia
Mortgage
Trust
4.000
06/25/49
122,987‌
189
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MORTGAGE
BACKED
(continued)
$
1,224,852
(b),(d)
Sequoia
Mortgage
Trust
3.500
%
12/25/49
$
1,118,983‌
3,592,550
(b),(d)
Sequoia
Mortgage
Trust
2.500
06/25/51
3,019,225‌
3,980,000
(b),(d)
Structured
Agency
Credit
Risk
Debt
Note
(STACR),
(SOFR30A
+
4.750%)
10.030
02/25/42
4,216,777‌
26,954,000
(b),(d)
STACR,
(SOFR30A
+
2.900%)
8.180
04/25/42
27,911,250‌
6,555,000
(b),(d)
STACR,
(SOFR30A
+
5.650%)
8.647
04/25/42
7,082,862‌
20,930,000
(b),(d)
STACR,
(SOFR30A
+
3.350%)
8.630
05/25/42
21,963,645‌
31,450,000
(b),(d)
STACR,
(SOFR30A
+
4.500%)
9.780
06/25/42
33,767,274‌
14,755,000
(b),(d)
STACR,
(SOFR30A
+
4.000%)
9.280
07/25/42
15,714,349‌
13,150,000
(b),(d)
STACR,
(SOFR30A
+
3.700%)
8.980
09/25/42
13,904,484‌
715,000
(b),(d)
STACR,
(SOFR30A
+
3.100%)
8.444
03/25/43
749,734‌
360,000
(b),(d)
STACR,
(SOFR30A
+
3.250%)
8.513
04/25/43
378,734‌
3,675,000
(b),(d)
STACR,
(SOFR30A
+
3.500%)
8.780
05/25/43
3,895,139‌
38,782
(b),(d)
STACR
3.787
02/25/48
37,321‌
98,323
(b),(d)
STACR
3.847
05/25/48
96,007‌
5,465,000
(b),(d)
STACR,
(SOFR30A
+
4.800%)
10.080
10/25/50
6,241,058‌
1,225,000
(b),(d)
Verus
Securitization
Trust
3.207
11/25/59
1,171,575‌
458,095
(d)
Verus
Securitization
Trust
(Step
Bond)
1.733
05/25/65
438,702‌
4,709,130
(b),(d)
Wells
Fargo
Mortgage
Backed
Securities
Trust
3.000
08/25/51
4,082,856‌
4,513,568
(b),(d)
Wells
Fargo
Mortgage
Backed
Securities
Trust
3.313
08/25/51
3,896,482‌
TOTAL
MORTGAGE
BACKED
2,646,397,183‌
MUNICIPAL
BONDS
-
0.1%
550,000
City
&
County
of
San
Francisco
CA
Community
Facilities
District
4.038
09/01/34
529,757‌
3,400,000
New
Jersey
Economic
Development
Authority
7.425
02/15/29
3,672,983‌
4,075,000
New
York
State
Dormitory
Authority
4.294
07/01/44
3,796,075‌
33,000
State
Public
School
Building
Authority
5.000
09/15/27
33,743‌
TOTAL
MUNICIPAL
BONDS
8,032,558‌
NONDEPOSITORY
INSTITUTIONS
-
0.0%
1,435,000
(d)
Perusahaan
Penerbit
SBSN
Indonesia
III
2.550
06/09/31
1,275,110‌
TOTAL
NONDEPOSITORY
INSTITUTIONS
1,275,110‌
U.S.
TREASURY
SECURITIES
-
20.7%
1,900,000
United
States
Treasury
Bond
4.750
02/15/37
2,075,527‌
10,875,000
United
States
Treasury
Bond
3.500
02/15/39
10,380,103‌
16,015,000
United
States
Treasury
Bond
3.875
08/15/40
15,781,031‌
12,000,000
United
States
Treasury
Bond
3.125
11/15/41
10,604,062‌
1,380,000
United
States
Treasury
Bond
2.500
05/15/46
1,040,121‌
10,450,000
United
States
Treasury
Bond
3.000
05/15/47
8,549,814‌
1,255,000
United
States
Treasury
Bond
2.750
08/15/47
979,439‌
42,835,000
United
States
Treasury
Bond
2.750
11/15/47
33,351,063‌
55,445,000
United
States
Treasury
Bond
3.000
02/15/48
45,094,545‌
510,000
United
States
Treasury
Bond
3.125
05/15/48
423,579‌
45,841,000
United
States
Treasury
Bond
3.375
11/15/48
39,727,673‌
11,635,000
United
States
Treasury
Note
5.000
10/31/25
11,763,167‌
15,000,000
United
States
Treasury
Note
4.250
01/31/26
15,080,859‌
3,175,000
United
States
Treasury
Note
4.500
03/31/26
3,208,486‌
131,865,000
United
States
Treasury
Note
4.875
04/30/26
134,115,976‌
32,802,000
United
States
Treasury
Note
3.625
05/15/26
32,749,466‌
650,000
United
States
Treasury
Note
4.875
05/31/26
661,934‌
2,450,000
United
States
Treasury
Note
4.625
06/30/26
2,487,707‌
2,075,000
United
States
Treasury
Note
3.750
08/31/26
2,077,999‌
8,150,000
United
States
Treasury
Note
0.875
09/30/26
7,720,215‌
315,000
United
States
Treasury
Note
3.500
09/30/26
314,126‌
30,000,000
United
States
Treasury
Note
4.625
10/15/26
30,564,844‌
18,000,000
United
States
Treasury
Note
4.625
11/15/26
18,359,297‌
62,445,000
United
States
Treasury
Note
1.250
12/31/26
59,295,918‌
3,700,000
United
States
Treasury
Note
4.500
05/15/27
3,783,684‌
1,765,000
United
States
Treasury
Note
3.500
04/30/28
1,760,656‌
200,000
United
States
Treasury
Note
1.000
07/31/28
181,641‌
2,365,000
United
States
Treasury
Note
3.250
06/30/29
2,330,911‌
15,680,000
United
States
Treasury
Note
3.500
09/30/29
15,633,450‌
5,510,000
United
States
Treasury
Note
4.000
10/31/29
5,612,021‌
1,356,000
United
States
Treasury
Note
3.500
04/30/30
1,348,425‌
41,346,500
United
States
Treasury
Note
4.000
07/31/30
42,155,664‌
Core
Bond
190
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
U.S.
TREASURY
SECURITIES
(continued)
$
40,000,000
United
States
Treasury
Note
4.125
%
08/31/30
$
41,046,875‌
7,750,000
United
States
Treasury
Note
4.625
09/30/30
8,162,021‌
60,985,000
United
States
Treasury
Note
4.000
01/31/31
62,188,024‌
30,000,000
United
States
Treasury
Note
4.250
02/28/31
31,025,391‌
24,000,000
United
States
Treasury
Note
4.125
03/31/31
24,652,500‌
8,775,000
United
States
Treasury
Note
4.625
04/30/31
9,270,308‌
48,845,000
United
States
Treasury
Note
4.125
07/31/31
50,211,134‌
7,775,000
United
States
Treasury
Note
1.250
08/15/31
6,640,032‌
144,615,000
United
States
Treasury
Note
3.375
05/15/33
140,598,544‌
118,374,000
United
States
Treasury
Note
3.875
08/15/34
119,206,317‌
2,850,000
United
States
Treasury
Note
1.875
02/15/41
2,089,852‌
33,830,000
United
States
Treasury
Note
2.000
11/15/41
24,872,979‌
370,024,100
United
States
Treasury
Note
2.375
02/15/42
288,185,174‌
4,115,000
United
States
Treasury
Note
3.250
05/15/42
3,658,492‌
209,174,000
United
States
Treasury
Note
3.875
02/15/43
201,787,543‌
8,670,000
United
States
Treasury
Note
3.875
05/15/43
8,347,584‌
20,990,000
United
States
Treasury
Note
4.375
08/15/43
21,582,804‌
54,460,000
United
States
Treasury
Note
4.750
11/15/43
58,746,598‌
117,010,000
United
States
Treasury
Note
4.625
05/15/44
124,012,317‌
94,710,000
(e)
United
States
Treasury
Note
4.125
08/15/44
93,970,078‌
217,477,000
United
States
Treasury
Note
2.250
02/15/52
148,300,624‌
86,704,000
United
States
Treasury
Note
3.625
02/15/53
78,839,677‌
123,805,000
United
States
Treasury
Note
4.625
05/15/54
134,289,736‌
TOTAL
U.S.
TREASURY
SECURITIES
2,240,898,007‌
TOTAL
GOVERNMENT
BONDS
(Cost
$5,264,811,473)
5,121,664,755‌
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
STRUCTURED
ASSETS
-
14.4%
ASSET
BACKED
-
5.3%
4,000,000
(b),(d)
AGL
CLO
19
Ltd,
(TSFR3M
+
2.750%)
8.032
07/21/35
4,011,608‌
Series
-
2022
19A
(Class
B1)
1,000,000
(b),(d)
AGL
CLO
Ltd.,
(TSFR3M
+
2.600%)
7.882
07/21/36
1,008,421‌
Series
-
2023
25A
(Class
B)
10,000,000
(b),(d)
AIMCO
CLO
Series,
(TSFR3M
+
1.312%)
6.594
04/20/34
10,009,140‌
Series
-
2017
AA
(Class
AR)
10,000,000
(b),(d)
AIMCO
CLO
Series,
(TSFR3M
+
1.762%)
7.044
04/20/34
10,018,000‌
Series
-
2017
AA
(Class
BR)
3,479,823
(d)
Alterna
Funding
III
LLC
6.260
05/16/39
3,542,773‌
Series
-
2024
1A
(Class
A)
1,000,000
AmeriCredit
Automobile
Receivables
Trust
2.130
03/18/26
998,480‌
Series
-
2020
2
(Class
D)
17,000,000
AmeriCredit
Automobile
Receivables
Trust
1.210
12/18/26
16,541,957‌
Series
-
2021
1
(Class
D)
2,000,000
(d)
AMSR
Trust
3.148
01/19/39
1,941,382‌
Series
-
2019
SFR1
(Class
C)
5,939,585
(d)
Apollo
aviation
securitization
2.798
01/15/47
5,437,004‌
Series
-
2021
2A
(Class
A)
55,677
(d)
Asset
Backed
Funding
Corp
NIM
Trust
5.900
07/26/35
1‌
Series
-
2005
WMC1
(Class
N1)
1,181,200
(d)
Avis
Budget
Rental
Car
Funding
AESOP
LLC
2.020
02/20/27
1,144,639‌
Series
-
2020
2A
(Class
A)
6,800,000
(d)
Avis
Budget
Rental
Car
Funding
AESOP
LLC
1.630
08/20/27
6,433,899‌
Series
-
2021
1A
(Class
B)
3,100,000
(d)
Avis
Budget
Rental
Car
Funding
AESOP
LLC
2.130
08/20/27
2,937,421‌
Series
-
2021
1A
(Class
C)
1,000,000
(d)
Avis
Budget
Rental
Car
Funding
AESOP
LLC
1.660
02/20/28
941,440‌
Series
-
2021
2A
(Class
A)
1,500,000
(b),(d)
Bonanza
RE
Ltd,
(3-Month
US
Treasury
Bill
+
4.930%)
9.532
12/23/24
1,504,950‌
Series
-
2020
A
(Class
A)
547,209
(d)
BRE
Grand
Islander
Timeshare
Issuer
LLC
3.280
09/26/33
535,701‌
Series
-
2019
A
(Class
A)
191
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
ASSET
BACKED
(continued)
$
10,000,000
(d)
Brex
Commercial
Charge
Card
Master
Trust
6.050
%
07/15/27
$
10,160,121‌
Series
-
2024
1
(Class
A1)
1,304,252
(d)
British
Airways
Pass
Through
Trust
3.800
09/20/31
1,261,435‌
Series
-
2018
1
(Class
AA)
5,353,283
(d)
Capital
Automotive
REIT
2.690
02/15/50
5,346,266‌
Series
-
2020
1A
(Class
A1)
3,813,867
(d)
Capital
Automotive
REIT
1.440
08/15/51
3,579,629‌
Series
-
2021
1A
(Class
A1)
8,328,250
(d)
Capital
Automotive
REIT
1.920
08/15/51
7,817,794‌
Series
-
2021
1A
(Class
A3)
1,440,000
Carmax
Auto
Owner
Trust
1.280
07/15/27
1,412,764‌
Series
-
2021
1
(Class
D)
5,730,375
(d)
Cars
Net
Lease
Mortgage
Notes
2.010
12/15/50
5,195,286‌
Series
-
2020
1A
(Class
A1)
11,651,363
(d)
Cars
Net
Lease
Mortgage
Notes
Series
3.100
12/15/50
10,876,845‌
Series
-
2020
1A
(Class
A3)
356,294
Carvana
Auto
Receivables
Trust
1.270
03/10/28
341,469‌
Series
-
2021
N2
(Class
D)
1,604,011
Carvana
Auto
Receivables
Trust
1.720
09/11/28
1,539,887‌
Series
-
2021
N4
(Class
C)
2,121,657
(d)
Carvana
Auto
Receivables
Trust
4.130
12/11/28
2,099,406‌
Series
-
2022
N1
(Class
D)
4,150,000
(b),(d)
Cayuga
Park
CLO
Ltd,
(TSFR3M
+
1.912%)
1.000
07/17/34
4,159,076‌
Series
-
2020
1A
(Class
B1R)
122,962
(b)
C-BASS
Trust,
(TSFR1M
+
0.274%)
3.295
07/25/36
119,825‌
Series
-
2006
CB6
(Class
A1)
8,817,685
(b),(d)
CBRE
Realty
Finance,
(LIBOR
3
M
+
0.300%)
5.863
04/07/52
22,044‌
Series
-
2007
1A
(Class
A2)
8,769,657
(d)
CF
Hippolyta
LLC
1.690
07/15/60
8,485,641‌
Series
-
2020
1
(Class
A1)
2,616,191
(d)
CF
Hippolyta
LLC
1.990
07/15/60
2,371,404‌
Series
-
2020
1
(Class
A2)
1,798,904
(d)
CF
Hippolyta
LLC
2.280
07/15/60
1,722,245‌
Series
-
2020
1
(Class
B1)
27,500,000
Chase
Issuance
Trust
3.970
09/15/27
27,411,299‌
Series
-
2022
A1
(Class
A)
5,855,000
(b),(d)
CIFC
Funding
Ltd,
(LIBOR
3
M
+
1.862%)
7.144
10/20/34
5,867,149‌
Series
-
2020
2A
(Class
BR)
3,000,000
(b),(d)
CIFC
Funding
Ltd,
(TSFR3M
+
3.000%)
8.282
10/22/35
3,014,190‌
Series
-
2022
7A
(Class
B1)
5,625,000
(b),(d)
CIFC
Funding
Ltd,
(TSFR3M
+
1.912%)
7.213
07/15/36
5,637,144‌
Series
-
2020
1A
(Class
BR)
1,889
CIT
Group
Home
Equity
Loan
Trust
(Step
Bond)
6.200
02/25/30
1,884‌
Series
-
2002
1
(Class
AF6)
1,500,000
CNH
Equipment
Trust
5.190
09/17/29
1,537,629‌
Series
-
2024
B
(Class
A3)
9,035,000
CNH
Equipment
Trust
4.030
01/15/30
9,013,769‌
Series
-
2024
C
(Class
A3)
11,450,000
(d)
Cologix
Data
Centers
US
Issuer
LLC
3.300
12/26/51
10,847,879‌
Series
-
2021
1A
(Class
A2)
1,068,750
(d)
DB
Master
Finance
LLC
4.352
05/20/49
1,042,558‌
Series
-
2019
1A
(Class
A23)
16,532,500
(d)
DB
Master
Finance
LLC
2.045
11/20/51
15,667,263‌
Series
-
2021
1A
(Class
A2I)
13,031,500
(d)
DB
Master
Finance
LLC
2.493
11/20/51
11,960,488‌
Series
-
2021
1A
(Class
A2II)
1,236,603
(d)
Diamond
Resorts
Owner
Trust
2.050
11/21/33
1,197,009‌
Series
-
2021
1A
(Class
B)
649,250
(d)
Domino's
Pizza
Master
Issuer
LLC
4.474
10/25/45
646,015‌
Series
-
2015
1A
(Class
A2II)
2,274,000
(d)
Domino's
Pizza
Master
Issuer
LLC
4.116
07/25/48
2,255,566‌
Series
-
2018
1A
(Class
A2I)
Core
Bond
192
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
ASSET
BACKED
(continued)
$
13,566,375
(d)
Domino's
Pizza
Master
Issuer
LLC
2.662
%
04/25/51
$
12,498,488‌
Series
-
2021
1A
(Class
A2I)
3,800,000
(b),(d)
Dryden
49
Senior
Loan
Fund,
(TSFR3M
+
1.862%)
7.141
07/18/30
3,805,335‌
Series
-
2017
49A
(Class
BR)
9,690,604
(d)
DT
Auto
Owner
Trust
1.160
11/16/26
9,550,682‌
Series
-
2021
1A
(Class
D)
410,405
(b),(d)
Ellington
Loan
Acquisition
Trust,
(TSFR1M
+
1.214%)
6.069
05/25/37
408,238‌
Series
-
2007
2
(Class
A2C)
10,040,000
(d)
Flexential
Issuer,
LLC
3.250
11/27/51
9,520,875‌
Series
-
2021
1A
(Class
A2)
9,616,735
(d)
FNA
VI
LLC
1.350
01/10/32
9,008,175‌
Series
-
2021
1A
(Class
A)
7,000,000
Ford
Credit
Auto
Owner
Trust
5.090
12/15/28
7,128,704‌
Series
-
2024
A
(Class
A3)
24,625,000
Ford
Credit
Auto
Owner
Trust
4.760
07/15/29
24,609,484‌
Series
-
2024
C
(Class
A3)
4,950,000
GM
Financial
Consumer
Automobile
Receivables
Trust
5.100
03/16/29
5,044,183‌
Series
-
2024
2
(Class
A3)
1,925,000
(d)
Hardee's
Funding
LLC
3.981
12/20/50
1,809,106‌
Series
-
2020
1A
(Class
A2)
535,054
(d)
HERO
Funding
Trust
3.190
09/20/48
476,991‌
Series
-
2017
3A
(Class
A1)
193,327
(d)
HERO
Funding
Trust
3.280
09/20/48
173,421‌
Series
-
2017
2A
(Class
A1)
695,570
(d)
HERO
Funding
Trust
3.950
09/20/48
636,062‌
Series
-
2017
3A
(Class
A2)
386,654
(d)
HERO
Funding
Trust
4.070
09/20/48
356,071‌
Series
-
2017
2A
(Class
A2)
5,925,000
(d)
Hertz
Vehicle
Financing
LLC
1.560
12/26/25
5,883,885‌
Series
-
2021
1A
(Class
B)
4,700,000
(d)
Hertz
Vehicle
Financing
LLC
4.120
09/25/26
4,652,397‌
Series
-
2022
4A
(Class
B)
3,700,000
(d)
Hertz
Vehicle
Financing
LLC
4.610
09/25/26
3,660,831‌
Series
-
2022
4A
(Class
C)
440,909
(d)
Hilton
Grand
Vacations
Trust
2.340
07/25/33
429,138‌
Series
-
2019
AA
(Class
A)
53,635
(b)
Home
Equity
Asset
Trust,
(TSFR1M
+
1.614%)
3.986
06/25/33
52,267‌
Series
-
2003
1
(Class
M1)
2,620,235
(d)
Horizon
Aircraft
Finance
II
Ltd
3.721
07/15/39
2,463,786‌
Series
-
2019
1
(Class
A)
3,404,621
(d)
Horizon
Aircraft
Finance
III
Ltd
3.425
11/15/39
3,098,171‌
Series
-
2019
2
(Class
A)
1,850,000
(d)
Hpefs
Equipment
Trust
4.430
09/20/29
1,842,080‌
Series
-
2022
2A
(Class
C)
3,750,000
(c),(d)
Industrial
DPR
Funding
Ltd
5.380
04/15/34
3,328,950‌
Series
-
2022
1A
(Class
1)
799,963
(b),(d)
Invitation
Homes
Trust,
(TSFR1M
+
1.364%)
6.461
01/17/38
798,963‌
Series
-
2018
SFR4
(Class
B)
1,850,000
(b),(d)
KKR
Clo
32
Ltd,
(TSFR3M
+
2.100%)
7.429
04/15/37
1,870,811‌
Series
-
2024
32A
(Class
BR)
4,000,000
(b),(d)
Magnetite
XIX
Ltd,
(TSFR3M
+
1.812%)
7.097
04/17/34
4,008,396‌
Series
-
2017
19A
(Class
B1R)
717,549
(d)
MAPS
Trust
2.521
06/15/46
668,733‌
Series
-
2021
1A
(Class
A)
2,700,000
(b),(d)
Massachusetts
St,
(TSFR3M
+
1.912%)
7.213
01/15/35
2,703,375‌
Series
-
2021
3A
(Class
B)
5,250,000
(b),(d)
MSCG
Trust
3.577
06/07/35
4,850,239‌
Series
-
2015
ALDR
(Class
C)
1,750,000
(b),(d)
MSCG
Trust
3.577
06/07/35
1,586,957‌
Series
-
2015
ALDR
(Class
D)
683,488
(d)
MVW
LLC
1.830
05/20/39
646,969‌
Series
-
2021
2A
(Class
B)
193
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
ASSET
BACKED
(continued)
$
1,378,729
(d)
MVW
LLC
1.440
%
01/22/41
$
1,307,012‌
Series
-
2021
1WA
(Class
B)
868,600
(d)
MVW
LLC
1.940
01/22/41
823,889‌
Series
-
2021
1WA
(Class
C)
738,488
(d)
MVW
Owner
Trust
3.000
11/20/36
727,000‌
Series
-
2019
1A
(Class
B)
1,087,577
(d)
Navient
Private
Education
Refi
Loan
Trust
1.310
01/15/69
1,018,985‌
Series
-
2020
HA
(Class
A)
849,642
(d)
Navient
Student
Loan
Trust
3.390
12/15/59
830,338‌
Series
-
2019
BA
(Class
A2A)
1,100,000
(b),(d)
Neuberger
Berman
CLO
Ltd,
(TSFR3M
+
1.750%)
7.069
07/24/37
1,103,649‌
Series
-
2024
56A
(Class
B)
16,000,000
(b),(d)
Neuberger
Berman
Loan
Advisers
CLO
31
Ltd,
(TSFR3M
+
1.812%)
7.094
04/20/31
16,043,056‌
Series
-
2019
31A
(Class
BR)
6,750,000
(b),(d)
Neuberger
Berman
Loan
Advisers
Clo
40
Ltd,
(TSFR3M
+
1.662%)
6.948
04/16/33
6,763,716‌
Series
-
2021
40A
(Class
B)
5,198,302
(d)
Oak
Street
Investment
Grade
Net
Lease
Fund
Series
1.480
01/20/51
4,934,475‌
Series
-
2021
1A
(Class
A1)
4,638,367
(d)
Oak
Street
Investment
Grade
Net
Lease
Fund
Series
2.380
11/20/51
4,347,305‌
Series
-
2021
2A
(Class
A1)
5,450,000
(b),(d)
OHA
Credit
Funding
10
Ltd,
(TSFR3M
+
1.912%)
7.191
01/18/36
5,461,162‌
Series
-
2021
10A
(Class
B)
10,000,000
(d)
OneMain
Financial
Issuance
Trust
1.750
09/14/35
9,581,680‌
Series
-
2020
2A
(Class
A)
1,555,007
(d)
Oportun
Funding
XIV
LLC
1.210
03/08/28
1,520,458‌
Series
-
2021
A
(Class
A)
2,685,991
(d)
Oportun
Issuance
Trust
1.960
05/08/31
2,613,889‌
Series
-
2021
B
(Class
B)
1,600,000
(d)
Oscar
US
Funding
XVII
LLC
4.470
03/12/29
1,595,116‌
Series
-
2024
2A
(Class
A3)
6,340,000
(d)
PFS
Financing
Corp
5.340
04/15/29
6,506,310‌
Series
-
2024
D
(Class
A)
1,500,000
(d)
Progress
Residential
Trust
2.711
11/17/40
1,377,010‌
Series
-
2021
SFR9
(Class
D)
2,000,000
(d)
Regional
Management
Issuance
Trust
7.100
11/17/32
2,006,329‌
Series
-
2022
2B
(Class
A)
2,745,890
(d)
Renew
3.950
09/20/53
2,559,008‌
Series
-
2018
1
(Class
A)
35,555,000
(d)
SBNA
Auto
Lease
Trust
5.670
11/20/26
35,750,304‌
Series
-
2024
B
(Class
A2)
1,320,000
(d)
SCCU
Auto
Receivables
Trust
5.160
05/15/30
1,343,836‌
Series
-
2024
1A
(Class
A4)
3,905,000
(d)
SCCU
Auto
Receivables
Trust
5.620
12/16/30
3,980,864‌
Series
-
2024
1A
(Class
C)
11,139,488
(d)
SERVPRO
Master
Issuer
LLC
3.882
10/25/49
10,867,732‌
Series
-
2019
1A
(Class
A2)
3,241,125
(d)
SERVPRO
Master
Issuer
LLC
2.394
04/25/51
2,952,580‌
Series
-
2021
1A
(Class
A2)
142,012
(d)
Settlement
Fee
Finance
LLC
3.840
11/01/49
141,775‌
Series
-
2019
1A
(Class
A)
734,058
(d)
Sierra
Timeshare
Receivables
Funding
LLC
0.990
11/20/37
708,142‌
Series
-
2021
1A
(Class
A)
795,917
(d)
Sierra
Timeshare
Receivables
Funding
LLC
1.340
11/20/37
767,916‌
Series
-
2021
1A
(Class
B)
441,260
(d)
Sierra
Timeshare
Receivables
Funding
LLC
1.790
11/20/37
426,456‌
Series
-
2021
1A
(Class
C)
10,310,643
(d)
Sierra
Timeshare
Receivables
Funding
LLC
5.350
01/20/43
10,358,766‌
Series
-
2024
1A
(Class
B)
343,347
(d)
SMB
Private
Education
Loan
Trust
2.430
02/17/32
340,435‌
Series
-
2016
B
(Class
A2A)
432,958
(d)
SMB
Private
Education
Loan
Trust
2.880
09/15/34
427,582‌
Series
-
2017
A
(Class
A2A)
Core
Bond
194
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
ASSET
BACKED
(continued)
$
543,522
(d)
SMB
Private
Education
Loan
Trust
2.820
%
10/15/35
$
533,625‌
Series
-
2017
B
(Class
A2A)
522,127
(d)
SoFi
Professional
Loan
Program
LLC
2.840
01/25/41
514,521‌
Series
-
2017
F
(Class
A2FX)
547,585
(d)
SoFi
Professional
Loan
Program
LLC
3.690
06/15/48
538,764‌
Series
-
2019
A
(Class
A2FX)
494,810
(d)
SolarCity
LMC
4.800
11/20/38
491,035‌
Series
-
2013
1
(Class
A)
2,621,819
(d)
SpringCastle
America
Funding
LLC
1.970
09/25/37
2,431,020‌
Series
-
2020
AA
(Class
A)
3,950,000
(d)
Stack
Infrastructure
Issuer
LLC
1.893
08/25/45
3,833,860‌
Series
-
2020
1A
(Class
A2)
252,009
(b)
Structured
Asset
Investment
Loan
Trust,
(TSFR1M
+
1.014%)
5.869
09/25/34
240,607‌
Series
-
2004
8
(Class
M1)
15,550,000
(d)
Subway
Funding
LLC
6.028
07/30/54
16,043,419‌
Series
-
2024
1A
(Class
A2I)
1,700,000
Synchrony
Card
Funding
LLC
5.040
03/15/30
1,733,079‌
Series
-
2024
A1
(Class
A)
14,987,055
(d)
Taco
Bell
Funding
LLC
1.946
08/25/51
14,045,349‌
Series
-
2021
1A
(Class
A2I)
9,667,800
(d)
Taco
Bell
Funding
LLC
2.294
08/25/51
8,684,237‌
Series
-
2021
1A
(Class
A2II)
5,250,000
(b),(d)
TICP
CLO
VIII
Ltd,
(TSFR3M
+
1.962%)
7.244
10/20/34
5,261,041‌
Series
-
2017
8A
(Class
A2R)
4,756,223
(d)
Vine
2.790
11/15/50
4,405,728‌
Series
-
2020
1A
(Class
A)
7,600,000
Volkswagen
Auto
Lease
Trust
5.210
06/21/27
7,729,649‌
Series
-
2024
A
(Class
A3)
9,826,094
(d)
Wendy's
Funding
LLC
2.370
06/15/51
8,845,022‌
Series
-
2021
1A
(Class
A2I)
TOTAL
ASSET
BACKED
571,707,289‌
OTHER
MORTGAGE
BACKED
-
9.1%
68,515
(b),(d)
Agate
Bay
Mortgage
Trust
3.500
09/25/45
63,944‌
Series
-
2015
6
(Class
A9)
1,870,000
(d)
BAMLL
Commercial
Mortgage
Securities
Trust
3.490
04/14/33
1,835,443‌
Series
-
2015
200P
(Class
B)
2,486,000
Banc
of
America
Commercial
Mortgage
Trust
3.705
09/15/48
2,452,625‌
Series
-
2015
UBS7
(Class
A4)
2,071,000
(b)
Banc
of
America
Commercial
Mortgage
Trust
3.989
09/15/48
2,040,344‌
Series
-
2015
UBS7
(Class
AS)
1,910,000
(b)
Banc
of
America
Commercial
Mortgage
Trust
4.480
09/15/48
1,768,871‌
Series
-
2015
UBS7
(Class
B)
2,597,826
Banc
of
America
Commercial
Mortgage
Trust
3.366
02/15/50
2,557,894‌
Series
-
2017
BNK3
(Class
ASB)
5,055,000
BANK
3.731
11/15/50
4,708,406‌
Series
-
2017
BNK8
(Class
AS)
4,000,000
(b)
BANK
4.085
11/15/50
3,602,012‌
Series
-
2017
BNK8
(Class
B)
1,000,000
(b)
BANK
4.229
11/15/50
775,770‌
Series
-
2017
BNK8
(Class
C)
3,000,000
(d)
BANK
2.500
10/17/52
2,066,655‌
Series
-
2019
BN21
(Class
D)
1,000,000
BANK
3.093
10/17/52
901,277‌
Series
-
2019
BN21
(Class
AS)
2,500,000
BANK
3.203
12/15/52
2,271,571‌
Series
-
2019
BN23
(Class
AS)
1,637,000
BANK
3.455
12/15/52
1,459,634‌
Series
-
2019
BN23
(Class
B)
4,621,000
BANK
1.925
12/15/53
3,933,819‌
Series
-
2020
BN30
(Class
A4)
8,864,000
(b)
BANK
2.928
02/15/55
7,972,130‌
Series
-
2022
BNK39
(Class
A4)
195
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
OTHER
MORTGAGE
BACKED
(continued)
$
4,000,000
(b)
BANK
6.260
%
04/15/56
$
4,206,006‌
Series
-
2023
5YR1
(Class
A3)
6,000,000
BANK
5.769
06/15/57
6,284,989‌
Series
-
2024
5YR7
(Class
A3)
2,212,415
BANK
3.289
07/15/60
2,185,457‌
Series
-
2017
BNK6
(Class
ASB)
1,750,000
BANK
3.011
09/15/62
1,602,445‌
Series
-
2019
BN20
(Class
A3)
2,550,000
(b)
BANK
3.283
11/15/62
2,338,487‌
Series
-
2019
BN24
(Class
AS)
11,716,000
BANK
2.438
06/15/63
9,959,866‌
Series
-
2021
BN34
(Class
A5)
3,330,000
(b)
BANK
3.916
04/15/65
3,176,482‌
Series
-
2022
BNK41
(Class
A4)
6,959,166
(b),(d)
Bayview
MSR
Opportunity
Master
Fund
Trust
3.000
02/25/52
6,024,625‌
Series
-
2022
5
(Class
A19)
1,500,000
(d)
BBCMS
Mortgage
Trust
4.798
08/10/35
1,359,221‌
Series
-
2015
SRCH
(Class
C)
1,250,000
(b),(d)
BBCMS
Mortgage
Trust
4.409
08/05/38
1,024,915‌
Series
-
2018
CHRS
(Class
E)
13,865,000
BBCMS
Mortgage
Trust
5.753
04/15/56
14,212,437‌
Series
-
2023
C19
(Class
A2B)
4,400,000
(b)
BBCMS
Mortgage
Trust
6.383
07/15/56
4,605,962‌
Series
-
2023
C20
(Class
A2)
2,500,000
(b),(d)
BBCMS
Trust
5.122
08/10/35
2,177,212‌
Series
-
2015
SRCH
(Class
D)
2,575,000
(b),(d)
Benchmark
Mortgage
Trust
2.791
09/15/48
2,191,509‌
Series
-
2020
IG2
(Class
AM)
2,500,000
(b),(d)
Benchmark
Mortgage
Trust
3.230
09/15/48
2,025,079‌
Series
-
2020
IG3
(Class
AS)
2,500,000
(b),(d)
Benchmark
Mortgage
Trust
3.654
09/15/48
2,313,707‌
Series
-
2020
IG3
(Class
BXA)
6,200,000
(b)
Benchmark
Mortgage
Trust
3.666
01/15/51
6,034,766‌
Series
-
2018
B1
(Class
A5)
2,145,000
Benchmark
Mortgage
Trust
4.261
10/10/51
2,104,408‌
Series
-
2018
B6
(Class
A4)
1,380,000
Benchmark
Mortgage
Trust
4.016
03/15/52
1,337,999‌
Series
-
2019
B9
(Class
A5)
2,000,000
Benchmark
Mortgage
Trust
4.267
03/15/52
1,921,807‌
Series
-
2019
B9
(Class
AS)
1,624,000
Benchmark
Mortgage
Trust
4.468
03/15/52
1,469,055‌
Series
-
2019
B9
(Class
B)
1,250,000
(b)
Benchmark
Mortgage
Trust
4.971
03/15/52
1,075,389‌
Series
-
2019
B9
(Class
C)
2,500,000
Benchmark
Mortgage
Trust
3.542
05/15/52
2,353,113‌
Series
-
2019
B11
(Class
A5)
1,050,000
Benchmark
Mortgage
Trust
2.095
02/15/54
789,814‌
Series
-
2021
B23
(Class
B)
24,906,000
Benchmark
Mortgage
Trust
2.584
03/15/54
21,708,194‌
Series
-
2021
B24
(Class
A5)
15,830,000
Benchmark
Mortgage
Trust
2.390
07/15/54
13,549,066‌
Series
-
2021
B27
(Class
A5)
2,000,000
Benchmark
Mortgage
Trust
2.224
08/15/54
1,724,743‌
Series
-
2021
B28
(Class
A5)
5,250,000
(b)
Benchmark
Mortgage
Trust
2.244
08/15/54
4,200,847‌
Series
-
2021
B28
(Class
B)
3,000,000
Benchmark
Mortgage
Trust
5.626
04/15/56
3,056,000‌
Series
-
2023
B38
(Class
A2)
8,000,000
Benchmark
Mortgage
Trust
5.750
07/15/56
8,662,268‌
Series
-
2023
B39
(Class
A5)
1,680,000
(d)
Benchmark
Mortgage
Trust
2.500
12/15/62
1,062,658‌
Series
-
2019
B14
(Class
D)
Core
Bond
196
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
OTHER
MORTGAGE
BACKED
(continued)
$
3,000,000
Benchmark
Mortgage
Trust
3.493
%
12/15/62
$
2,539,426‌
Series
-
2019
B14
(Class
B)
3,000,000
(b)
Benchmark
Mortgage
Trust
3.897
12/15/62
2,318,317‌
Series
-
2019
B14
(Class
C)
4,000,000
Benchmark
Mortgage
Trust
2.928
12/15/72
3,647,105‌
Series
-
2019
B15
(Class
)
3,411,500
(b),(d)
BX
Commercial
Mortgage
Trust,
(TSFR1M
+
1.946%)
7.043
04/15/34
3,357,850‌
Series
-
2019
IMC
(Class
D)
2,080,277
(b),(d)
BX
Commercial
Mortgage
Trust,
(TSFR1M
+
1.392%)
6.488
03/15/41
2,083,292‌
Series
-
2024
XL5
(Class
A)
2,100,000
(b),(d)
BX
Mortgage
Trust,
(TSFR1M
+
2.062%)
7.159
10/15/36
2,078,943‌
Series
-
2021
PAC
(Class
E)
1,316,683
(b),(d)
BX
TRUST,
(TSFR1M
+
2.949%)
8.046
08/15/39
1,321,621‌
Series
-
2022
PSB
(Class
B)
2,500,000
(b),(d)
BXP
Trust
2.868
01/15/44
1,846,382‌
Series
-
2021
601L
(Class
D)
6,500,000
(b)
CD
Mortgage
Trust
3.879
11/10/49
5,592,085‌
Series
-
2016
CD2
(Class
B)
3,030,000
(b)
CD
Mortgage
Trust
4.109
11/10/49
2,264,948‌
Series
-
2016
CD2
(Class
C)
4,277,118
CD
Mortgage
Trust
3.453
02/10/50
4,215,203‌
Series
-
2017
CD3
(Class
AAB)
5,555,000
CD
Mortgage
Trust
3.833
02/10/50
4,755,079‌
Series
-
2017
CD3
(Class
AS)
6,635,000
(b)
CD
Mortgage
Trust
3.984
02/10/50
4,080,744‌
Series
-
2017
CD3
(Class
B)
3,630,000
(b)
CD
Mortgage
Trust
4.688
02/10/50
1,531,711‌
Series
-
2017
CD3
(Class
C)
5,000,000
(b)
CD
Mortgage
Trust
3.684
08/15/50
4,787,136‌
Series
-
2017
CD5
(Class
AS)
1,000,000
CD
Mortgage
Trust
3.456
11/13/50
966,269‌
Series
-
2017
CD6
(Class
A5)
3,493,060
CD
Mortgage
Trust
2.812
08/15/57
3,360,806‌
Series
-
2019
CD8
(Class
ASB)
48,345
(b),(d)
CF
Mortgage
Trust
2.840
04/15/25
47,868‌
Series
-
2020
P1
(Class
A1)
1,500,000
(b),(d)
CF
Mortgage
Trust
3.603
04/15/52
1,351,880‌
Series
-
2020
P1
(Class
A2)
1,175,400
CGMS
Commercial
Mortgage
Trust
3.458
08/15/50
1,131,173‌
Series
-
2017
B1
(Class
A4)
41,886
(b)
CHL
Mortgage
Pass-Through
Trust
5.066
02/20/35
42,274‌
Series
-
2004
HYB9
(Class
1A1)
1,750,000
(b),(d)
Citigroup
Commercial
Mortgage
Trust
3.635
05/10/35
1,690,391‌
Series
-
2013
375P
(Class
B)
1,000,000
(b),(d)
Citigroup
Commercial
Mortgage
Trust
4.627
07/10/47
876,509‌
Series
-
2014
GC23
(Class
D)
3,023,000
Citigroup
Commercial
Mortgage
Trust
4.017
10/10/47
3,018,683‌
Series
-
2014
GC25
(Class
AS)
1,500,000
Citigroup
Commercial
Mortgage
Trust
3.457
04/10/48
1,474,718‌
Series
-
2015
GC29
(Class
AS)
500,000
(b)
Citigroup
Commercial
Mortgage
Trust
3.758
04/10/48
483,369‌
Series
-
2015
GC29
(Class
B)
2,000,000
(b)
Citigroup
Commercial
Mortgage
Trust
4.271
04/10/48
1,907,942‌
Series
-
2015
GC29
(Class
C)
6,000,000
(b),(d)
COMM
Mortgage
Trust
3.712
10/10/29
5,605,500‌
Series
-
2017
PANW
(Class
C)
131,100
(d)
COMM
Mortgage
Trust
3.178
02/10/35
123,418‌
Series
-
2015
3BP
(Class
A)
227,620
COMM
Mortgage
Trust
2.853
10/15/45
213,964‌
Series
-
2012
CR4
(Class
A3)
3,982,580
(b)
COMM
Mortgage
Trust
4.585
02/10/47
3,827,508‌
Series
-
2014
CR14
(Class
B)
197
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
OTHER
MORTGAGE
BACKED
(continued)
$
2,233,963
COMM
Mortgage
Trust
4.377
%
05/10/47
$
2,182,373‌
Series
-
2014
CR17
(Class
B)
87,080
COMM
Mortgage
Trust
3.819
06/10/47
86,941‌
Series
-
2014
UBS3
(Class
A4)
3,896,000
(b)
COMM
Mortgage
Trust
4.726
06/10/47
2,790,801‌
Series
-
2014
UBS3
(Class
C)
5,150,000
(b),(d)
COMM
Mortgage
Trust
4.767
06/10/47
2,005,381‌
Series
-
2014
UBS3
(Class
D)
4,230
COMM
Mortgage
Trust
3.040
02/10/48
4,223‌
Series
-
2015
LC19
(Class
ASB)
2,498,000
(b)
COMM
Mortgage
Trust
3.829
02/10/48
2,422,059‌
Series
-
2015
LC19
(Class
B)
2,497,000
(d)
COMM
Mortgage
Trust
3.000
03/10/48
1,693,038‌
Series
-
2015
CR22
(Class
E)
2,575,000
(b)
COMM
Mortgage
Trust
3.603
03/10/48
2,495,954‌
Series
-
2015
CR22
(Class
AM)
5,315,000
(b)
COMM
Mortgage
Trust
3.926
03/10/48
5,017,432‌
Series
-
2015
CR22
(Class
B)
2,000,000
(b),(d)
COMM
Mortgage
Trust
4.199
03/10/48
1,502,254‌
Series
-
2015
CR22
(Class
D)
1,000,000
(b)
COMM
Mortgage
Trust
4.199
03/10/48
894,326‌
Series
-
2015
CR22
(Class
C)
2,000,000
COMM
Mortgage
Trust
3.801
05/10/48
1,975,274‌
Series
-
2015
CR23
(Class
AM)
3,936,016
(b)
COMM
Mortgage
Trust
4.183
05/10/48
3,803,827‌
Series
-
2015
CR23
(Class
B)
2,500,000
(b)
COMM
Mortgage
Trust
4.408
05/10/48
2,323,851‌
Series
-
2015
CR23
(Class
C)
2,500,000
(b)
COMM
Mortgage
Trust
4.408
05/10/48
1,972,280‌
Series
-
2015
CR23
(Class
D)
3,175,000
(b)
COMM
Mortgage
Trust
4.043
07/10/48
3,129,887‌
Series
-
2015
LC21
(Class
AM)
1,569,317
COMM
Mortgage
Trust
3.432
08/10/48
1,553,951‌
Series
-
2015
CR24
(Class
A4)
1,500,000
(b)
COMM
Mortgage
Trust
3.463
08/10/48
1,317,584‌
Series
-
2015
CR24
(Class
D)
3,640,000
(b)
COMM
Mortgage
Trust
4.028
08/10/48
3,590,687‌
Series
-
2015
CR24
(Class
AM)
1,000,000
(b)
COMM
Mortgage
Trust
4.495
08/10/48
965,948‌
Series
-
2015
CR24
(Class
B)
2,000,000
(b)
COMM
Mortgage
Trust
4.495
08/10/48
1,844,755‌
Series
-
2015
CR24
(Class
C)
2,250,000
(b)
COMM
Mortgage
Trust
4.667
08/10/48
2,201,300‌
Series
-
2015
CR25
(Class
B)
2,600,000
COMM
Mortgage
Trust
3.630
10/10/48
2,562,598‌
Series
-
2015
CR26
(Class
A4)
1,000,000
COMM
Mortgage
Trust
3.984
10/10/48
979,896‌
Series
-
2015
CR27
(Class
AM)
1,627,000
(b)
COMM
Mortgage
Trust
4.612
10/10/48
1,578,433‌
Series
-
2015
CR26
(Class
B)
3,731,000
(b)
COMM
Mortgage
Trust
4.612
10/10/48
3,284,046‌
Series
-
2015
CR26
(Class
C)
8,357,000
(b)
COMM
Mortgage
Trust
4.696
10/10/48
7,926,707‌
Series
-
2015
LC23
(Class
C)
1,080,000
COMM
Mortgage
Trust
3.762
02/10/49
1,065,229‌
Series
-
2016
CR28
(Class
A4)
5,000,000
(b)
COMM
Mortgage
Trust
4.739
02/10/49
4,794,556‌
Series
-
2016
CR28
(Class
B)
2,969,412
(b)
COMM
Mortgage
Trust
4.497
05/10/51
2,744,887‌
Series
-
2018
COR3
(Class
AM)
4,205,000
(b)
COMM
Mortgage
Trust
4.669
05/10/51
3,651,256‌
Series
-
2018
COR3
(Class
B)
Core
Bond
198
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
OTHER
MORTGAGE
BACKED
(continued)
$
1,250,000
COMM
Mortgage
Trust
3.263
%
08/15/57
$
1,144,232‌
Series
-
2019
GC44
(Class
AM)
20,350,000
(b),(d)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
+
3.500%)
8.780
03/25/42
21,412,001‌
Series
-
2022
R03
(Class
1M2)
4,779,000
(b),(d)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
+
3.000%)
8.280
04/25/42
4,938,484‌
Series
-
2022
R05
(Class
2M2)
31,740,000
(b),(d)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
+
3.850%)
9.130
05/25/42
33,758,950‌
Series
-
2022
R06
(Class
1M2)
7,825,000
(b),(d)
Connecticut
Avenue
Securities
Trust,
(SOFR
+
3.600%)
8.880
07/25/42
8,275,072‌
Series
-
2022
R08
(Class
1M2)
9,630,000
(b),(d)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
+
4.750%)
10.013
09/25/42
10,521,435‌
Series
-
2022
R09
(Class
2M2)
720,000
(b),(d)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
+
6.750%)
12.013
09/25/42
801,594‌
Series
-
2022
R09
(Class
2B1)
15,035,000
(b),(d)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
+
3.750%)
9.013
12/25/42
16,138,673‌
Series
-
2023
R01
(Class
1M2)
1,000,000
(b),(d)
CPT
Mortgage
Trust
3.097
11/13/39
754,888‌
Series
-
2019
CPT
(Class
E)
2,500,000
(b),(d)
Credit
Suisse
Mortgage
Capital
Certificates
3.388
10/25/59
2,389,148‌
Series
-
2019
NQM1
(Class
M1)
5,916,136
(b),(d)
Credit
Suisse
Mortgage
Capital
Certificates
2.405
10/25/66
5,224,133‌
Series
-
2021
NQM8
(Class
A3)
4,750,000
DBGS
Mortgage
Trust
4.466
10/15/51
4,633,215‌
Series
-
2018
C1
(Class
A4)
5,000,000
DBJPM
Mortgage
Trust
2.340
08/15/53
4,256,105‌
Series
-
2020
C9
(Class
AM)
4,860,000
(b),(d)
DBSG
Mortgage
Trust
6.595
06/10/37
4,967,440‌
Series
-
2024
ALTA
(Class
B)
1,200,000
(d)
DBUBS
Mortgage
Trust
3.452
10/10/34
1,197,992‌
Series
-
2017
BRBK
(Class
A)
1,698,024
(b),(d)
ELP
Commercial
Mortgage
Trust,
(TSFR1M
+
1.434%)
6.531
11/15/38
1,691,947‌
Series
-
2021
ELP
(Class
C)
3,600,000
(b),(d)
EQT
Trust
5.655
07/05/41
3,695,365‌
Series
-
2024
EXTR
(Class
B)
1,127,810
(b),(d)
Flagstar
Mortgage
Trust
3.984
10/25/47
1,025,960‌
Series
-
2017
2
(Class
B3)
43,521
(b),(d)
Flagstar
Mortgage
Trust
4.000
09/25/48
41,767‌
Series
-
2018
5
(Class
A11)
1,825,597
(b),(d)
Flagstar
Mortgage
Trust
2.500
04/25/51
1,521,680‌
Series
-
2021
2
(Class
A4)
5,870,735
(b),(d)
Flagstar
Mortgage
Trust
2.500
06/01/51
4,889,885‌
Series
-
2021
4
(Class
A21)
20,369,522
(b),(d)
Flagstar
Mortgage
Trust
3.000
10/25/51
17,634,113‌
Series
-
2021
10IN
(Class
A17)
1,425,000
(b),(d)
GS
Mortgage
Securities
Corp
II,
(TSFR1M
+
1.364%)
6.461
11/15/36
1,412,238‌
Series
-
2021
ARDN
(Class
A)
3,000,000
(b),(d)
GS
Mortgage
Securities
Corp
II,
(TSFR1M
+
3.464%)
8.561
11/15/36
2,969,082‌
Series
-
2021
ARDN
(Class
E)
1,238,000
(b),(d)
GS
Mortgage
Securities
Corp
II
3.591
09/10/37
1,170,646‌
Series
-
2017
375H
(Class
A)
2,590,000
(b)
GS
Mortgage
Securities
Corp
II
3.777
05/10/50
2,526,618‌
Series
-
2015
GC30
(Class
AS)
3,010,000
(b)
GS
Mortgage
Securities
Corp
II
3.992
03/10/51
2,935,813‌
Series
-
2018
GS9
(Class
A4)
1,625,000
(b)
GS
Mortgage
Securities
Corp
II
4.155
07/10/51
1,586,832‌
Series
-
2018
GS10
(Class
A5)
6,500,000
(b),(d)
GS
Mortgage
Securities
Corp
Trust,
(TSFR1M
+
2.164%)
7.261
11/15/36
6,387,848‌
Series
-
2021
ARDN
(Class
C)
2,000,000
(b),(d)
GS
Mortgage
Securities
Trust,
(TSFR1M
+
1.747%)
6.844
07/15/31
1,190,000‌
Series
-
2018
TWR
(Class
C)
1,643,187
(b),(d)
GS
Mortgage
Securities
Trust
4.285
02/10/46
1,552,046‌
Series
-
2013
GC10
(Class
C)
199
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
OTHER
MORTGAGE
BACKED
(continued)
$
2,950,000
(b)
GS
Mortgage
Securities
Trust
4.526
%
02/10/48
$
2,802,825‌
Series
-
2015
GC28
(Class
C)
3,640,000
(b)
GS
Mortgage
Securities
Trust
4.018
07/10/48
3,591,670‌
Series
-
2015
GC32
(Class
AS)
3,779,000
(b)
GS
Mortgage
Securities
Trust
4.104
10/10/49
3,435,289‌
Series
-
2016
GS3
(Class
C)
4,185,000
(b)
GS
Mortgage
Securities
Trust
4.075
11/10/49
3,610,886‌
Series
-
2016
GS4
(Class
C)
3,627,065
GS
Mortgage
Securities
Trust
3.467
03/10/50
3,582,501‌
Series
-
2017
GS5
(Class
AAB)
9,100,951
GS
Mortgage
Securities
Trust
3.674
03/10/50
8,808,247‌
Series
-
2017
GS5
(Class
A4)
4,300,000
GS
Mortgage
Securities
Trust
3.433
05/10/50
4,142,356‌
Series
-
2017
GS6
(Class
A3)
1,500,000
GS
Mortgage
Securities
Trust
3.638
05/10/50
1,396,378‌
Series
-
2017
GS6
(Class
AS)
3,000,000
GS
Mortgage
Securities
Trust
3.837
11/10/50
2,916,983‌
Series
-
2017
GS8
(Class
ABP)
2,500,000
(b)
GS
Mortgage
Securities
Trust
4.462
11/10/50
2,245,743‌
Series
-
2017
GS8
(Class
C)
1,260,000
GS
Mortgage
Securities
Trust
3.968
02/10/52
1,219,981‌
Series
-
2019
GC38
(Class
A4)
2,400,000
(b)
GS
Mortgage
Securities
Trust
4.158
02/10/52
2,290,465‌
Series
-
2019
GC38
(Class
AS)
1,000,000
(b)
GS
Mortgage
Securities
Trust
4.761
02/10/52
906,386‌
Series
-
2019
GC38
(Class
C)
5,510,000
GS
Mortgage
Securities
Trust
3.001
09/10/52
5,112,570‌
Series
-
2019
GC42
(Class
A4)
1,361,000
(b)
GS
Mortgage
Securities
Trust
3.405
02/13/53
1,211,970‌
Series
-
2020
GC45
(Class
B)
5,500,000
GS
Mortgage
Securities
Trust
2.012
12/12/53
4,692,107‌
Series
-
2020
GSA2
(Class
A5)
106,804
(b),(d)
GS
Mortgage-Backed
Securities
Corp
Trust
4.000
11/25/49
102,482‌
Series
-
2019
PJ2
(Class
A1)
278,781
(b),(d)
GS
Mortgage-Backed
Securities
Corp
Trust
4.000
11/25/49
267,501‌
Series
-
2019
PJ2
(Class
A4)
694,781
(b),(d)
GS
Mortgage-Backed
Securities
Corp
Trust
3.000
01/25/51
607,191‌
Series
-
2020
PJ4
(Class
A4)
31,950,283
(b),(d)
GS
Mortgage-Backed
Securities
Corp
Trust
0.255
03/27/51
379,785‌
Series
-
2020
PJ5
(Class
AX1)
1,037,038
(b),(d)
GS
Mortgage-Backed
Securities
Corp
Trust
3.000
03/27/51
906,597‌
Series
-
2020
PJ5
(Class
A4)
2,038,351
(b),(d)
GS
Mortgage-Backed
Securities
Corp
Trust
2.500
05/25/51
1,700,726‌
Series
-
2020
PJ6
(Class
A4)
8,617,791
(b),(d)
GS
Mortgage-Backed
Securities
Corp
Trust
2.500
10/25/51
7,183,138‌
Series
-
2021
PJ5
(Class
A4)
10,297,291
(b),(d)
GS
Mortgage-Backed
Securities
Corp
Trust
3.000
06/25/52
8,914,988‌
Series
-
2022
PJ2
(Class
A36)
3,318,732
(b),(d)
GS
Mortgage-Backed
Securities
Corp
Trust
3.000
09/25/52
2,877,369‌
Series
-
2022
PJ4
(Class
A36)
965,859
(b),(d)
GS
Mortgage-Backed
Securities
Trust
3.625
05/25/50
848,985‌
Series
-
2020
PJ1
(Class
B2)
1,146,564
(b),(d)
GS
Mortgage-Backed
Securities
Trust
3.028
12/25/51
930,989‌
Series
-
2021
INV1
(Class
B4)
17,802,842
(b),(d)
GS
Mortgage-Backed
Securities
Trust
2.500
01/25/52
14,828,439‌
Series
-
2021
PJ7
(Class
A4)
9,035,630
(b),(d)
GS
Mortgage-Backed
Securities
Trust
2.500
01/25/52
7,528,712‌
Series
-
2021
PJ8
(Class
A4)
3,174,656
(b),(d)
GS
Mortgage-Backed
Securities
Trust
2.721
01/25/52
2,561,120‌
Series
-
2021
PJ7
(Class
B2)
2,183,758
(b),(d)
GS
Mortgage-Backed
Securities
Trust
3.249
06/25/52
1,767,430‌
Series
-
2022
LTV1
(Class
B3)
Core
Bond
200
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
OTHER
MORTGAGE
BACKED
(continued)
$
6,196,722
(b),(d)
GS
Mortgage-Backed
Securities
Trust
3.000
%
07/25/52
$
5,364,569‌
Series
-
2022
INV1
(Class
A4)
7,246,245
(b),(d)
GS
Mortgage-Backed
Securities
Trust
3.000
09/25/52
6,273,152‌
Series
-
2022
HP1
(Class
A4)
5,825,347
(b),(d)
GS
Mortgage-Backed
Securities
Trust
3.000
10/25/52
5,043,356‌
Series
-
2022
PJ5
(Class
A36)
4,594,986
(b),(d)
GS
Mortgage-Backed
Securities
Trust
3.000
01/25/53
3,978,157‌
Series
-
2022
PJ6
(Class
A24)
7,204,666
(b),(d)
GS
Mortgage-Backed
Securities
Trust
3.500
02/25/53
6,463,408‌
Series
-
2023
PJ1
(Class
A24)
6,500,000
(b),(d)
HTL
Commercial
Mortgage
Trust
7.324
05/10/39
6,741,333‌
Series
-
2024
T53
(Class
C)
1,500,000
(d)
Hudson
Yards
Mortgage
Trust
2.835
08/10/38
1,441,846‌
Series
-
2016
10HY
(Class
A)
3,500,000
(b),(d)
Hudson
Yards
Mortgage
Trust
3.076
08/10/38
3,330,443‌
Series
-
2016
10HY
(Class
C)
3,000,000
(b),(d)
Hudson
Yards
Mortgage
Trust
3.076
08/10/38
2,874,372‌
Series
-
2016
10HY
(Class
B)
3,450,000
(b),(d)
Hudson
Yards
Mortgage
Trust
3.041
12/10/41
2,939,232‌
Series
-
2019
55HY
(Class
D)
2,750,000
(b),(d)
Hudson
Yards
Mortgage
Trust
3.041
12/10/41
2,194,844‌
Series
-
2019
55HY
(Class
E)
2,037,410
(b),(d)
Imperial
Fund
Mortgage
Trust
2.051
10/25/55
1,919,412‌
Series
-
2020
NQM1
(Class
A3)
1,000,000
(b),(d)
Imperial
Fund
Mortgage
Trust
3.531
10/25/55
918,783‌
Series
-
2020
NQM1
(Class
M1)
3,000,000
(d)
Jackson
Park
Trust
2.766
10/14/39
2,701,840‌
Series
-
2019
LIC
(Class
A)
3,000,000
(d)
JP
Morgan
Chase
Commercial
Mortgage
Securities
Corp
4.379
07/05/31
2,592,451‌
Series
-
2018
AON
(Class
B)
244,116
(b),(d)
JP
Morgan
Chase
Commercial
Mortgage
Securities
Corp
4.115
01/15/46
226,880‌
Series
-
2013
C13
(Class
D)
822,000
JP
Morgan
Chase
Commercial
Mortgage
Securities
Corp
3.723
03/15/50
801,386‌
Series
-
2017
JP5
(Class
A5)
99,468
JP
Morgan
Chase
Commercial
Mortgage
Securities
Corp
3.379
09/15/50
96,386‌
Series
-
2017
JP7
(Class
A3)
1,000,000
(d)
JP
Morgan
Chase
Commercial
Mortgage
Securities
Trust
3.620
01/16/37
520,010‌
Series
-
2020
NNN
(Class
DFX)
1,647,465
(b),(d)
JP
Morgan
Mortgage
Trust,
(LIBOR
1
M
-
0.000%)
6.676
12/25/44
1,595,152‌
Series
-
2015
1
(Class
B1)
59,839
(b),(d)
JP
Morgan
Mortgage
Trust
3.500
05/25/45
56,147‌
Series
-
2015
3
(Class
A19)
365,475
(b),(d)
JP
Morgan
Mortgage
Trust
3.500
10/25/45
339,870‌
Series
-
2015
6
(Class
A13)
1,242,212
(b),(d)
JP
Morgan
Mortgage
Trust
3.500
09/25/48
1,130,728‌
Series
-
2018
3
(Class
A13)
2,384,926
(b),(d)
JP
Morgan
Mortgage
Trust
3.500
10/25/48
2,175,250‌
Series
-
2018
5
(Class
A13)
1,097,919
(b),(d)
JP
Morgan
Mortgage
Trust
5.425
10/26/48
1,098,182‌
Series
-
2017
5
(Class
A2)
123,043
(b),(d)
JP
Morgan
Mortgage
Trust
4.000
02/25/49
117,093‌
Series
-
2018
9
(Class
A13)
42,117
(b),(d)
JP
Morgan
Mortgage
Trust
4.000
05/25/49
40,192‌
Series
-
2019
1
(Class
A15)
3,441,123
(b),(d)
JP
Morgan
Mortgage
Trust
3.818
06/25/50
3,095,563‌
Series
-
2020
1
(Class
B2)
25,575,494
(b),(d)
JP
Morgan
Mortgage
Trust
0.137
07/25/51
192,504‌
Series
-
2021
3
(Class
AX1)
17,972,504
(b),(d)
JP
Morgan
Mortgage
Trust
0.131
08/25/51
127,901‌
Series
-
2021
4
(Class
AX1)
2,089,758
(b),(d)
JP
Morgan
Mortgage
Trust
2.881
08/25/51
1,701,888‌
Series
-
2021
4
(Class
B2)
201
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
OTHER
MORTGAGE
BACKED
(continued)
$
34,585,562
(b),(d)
JP
Morgan
Mortgage
Trust
0.135
%
10/25/51
$
262,297‌
Series
-
2021
6
(Class
AX1)
4,363,669
(b),(d)
JP
Morgan
Mortgage
Trust
2.500
10/25/51
3,637,224‌
Series
-
2021
6
(Class
A15)
9,426,012
(b),(d)
JP
Morgan
Mortgage
Trust
0.400
12/25/51
216,055‌
Series
-
2021
INV2
(Class
AX4)
2,086,534
(b),(d)
JP
Morgan
Mortgage
Trust
2.500
12/25/51
1,737,928‌
Series
-
2021
10
(Class
A15)
2,164,707
(b),(d)
JP
Morgan
Mortgage
Trust
2.500
02/25/52
1,800,338‌
Series
-
2021
12
(Class
A15)
3,421,387
(b),(d)
JP
Morgan
Mortgage
Trust
2.500
05/25/52
2,845,490‌
Series
-
2021
14
(Class
A15)
2,095,310
(b),(d)
JP
Morgan
Mortgage
Trust
2.927
05/25/52
1,781,311‌
Series
-
2021
LTV2
(Class
A3)
14,721,916
(b),(d)
JP
Morgan
Mortgage
Trust
3.000
08/25/52
12,745,654‌
Series
-
2022
2
(Class
A25)
6,363,687
(b),(d)
JP
Morgan
Mortgage
Trust
3.000
09/25/52
5,509,112‌
Series
-
2022
INV3
(Class
A6)
8,933,983
(b),(d)
JP
Morgan
Mortgage
Trust
3.500
09/25/52
8,048,250‌
Series
-
2022
LTV2
(Class
A6)
5,902,919
(b),(d)
JP
Morgan
Mortgage
Trust
3.000
12/25/52
5,110,514‌
Series
-
2022
7
(Class
1A17)
2,075,101
(b),(d)
JP
Morgan
Mortgage
Trust
4.000
12/25/52
1,928,214‌
Series
-
2022
7
(Class
2A6A)
5,355,930
JPMBB
Commercial
Mortgage
Securities
Trust
4.110
09/15/47
5,134,547‌
Series
-
2014
C22
(Class
AS)
1,624,000
(b)
JPMBB
Commercial
Mortgage
Securities
Trust
4.649
09/15/47
1,548,956‌
Series
-
2014
C22
(Class
B)
4,500,000
(b)
JPMBB
Commercial
Mortgage
Securities
Trust
4.714
09/15/47
4,455,334‌
Series
-
2014
C23
(Class
B)
1,500,000
(b)
JPMBB
Commercial
Mortgage
Securities
Trust
4.714
09/15/47
1,452,919‌
Series
-
2014
C23
(Class
C)
1,000,000
JPMBB
Commercial
Mortgage
Securities
Trust
3.898
02/15/48
904,445‌
Series
-
2015
C27
(Class
B)
2,000,000
(b)
JPMBB
Commercial
Mortgage
Securities
Trust
3.917
05/15/48
1,971,285‌
Series
-
2015
C29
(Class
AS)
1,600,000
(b)
JPMBB
Commercial
Mortgage
Securities
Trust
4.118
05/15/48
1,537,473‌
Series
-
2015
C29
(Class
B)
6,000,000
JPMBB
Commercial
Mortgage
Securities
Trust
4.106
08/15/48
5,766,512‌
Series
-
2015
C31
(Class
AS)
3,000,000
(b)
JPMBB
Commercial
Mortgage
Securities
Trust
4.777
08/15/48
2,361,395‌
Series
-
2015
C31
(Class
C)
6,885,000
(b)
JPMBB
Commercial
Mortgage
Securities
Trust
4.777
08/15/48
5,892,659‌
Series
-
2015
C31
(Class
B)
1,400,000
JPMBB
Commercial
Mortgage
Securities
Trust
3.227
10/15/48
1,388,467‌
Series
-
2015
C28
(Class
A4)
3,016,000
JPMBB
Commercial
Mortgage
Securities
Trust
4.023
12/15/48
2,956,103‌
Series
-
2015
C33
(Class
AS)
745,000
(b)
JPMBB
Commercial
Mortgage
Securities
Trust
4.790
12/15/48
668,458‌
Series
-
2015
C33
(Class
C)
10,425,000
JPMBB
Commercial
Mortgage
Securities
Trust
3.576
03/17/49
10,255,212‌
Series
-
2016
C1
(Class
A5)
2,645,000
(b),(d)
JPMBB
Commercial
Mortgage
Securities
Trust
4.358
03/17/49
2,272,555‌
Series
-
2016
C1
(Class
D1)
1,606,000
(b)
JPMBB
Commercial
Mortgage
Securities
Trust
4.858
03/17/49
1,472,424‌
Series
-
2016
C1
(Class
C)
862,854
JPMCC
Commercial
Mortgage
Securities
Trust
3.457
03/15/50
838,729‌
Series
-
2017
JP5
(Class
A4)
2,000,000
(b)
JPMCC
Commercial
Mortgage
Securities
Trust
3.744
09/15/50
1,615,533‌
Series
-
2017
JP7
(Class
C)
2,500,000
JPMCC
Commercial
Mortgage
Securities
Trust
3.123
06/13/52
2,351,719‌
Series
-
2019
COR5
(Class
A3)
Core
Bond
202
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
OTHER
MORTGAGE
BACKED
(continued)
$
5,554,000
JPMDB
Commercial
Mortgage
Securities
Trust
2.180
%
05/13/53
$
4,621,191‌
Series
-
2020
COR7
(Class
A5)
3,625,000
JPMDB
Commercial
Mortgage
Securities
Trust
2.536
05/13/53
2,764,345‌
Series
-
2020
COR7
(Class
AS)
953,068
(d)
Ladder
Capital
Commercial
Mortgage
Securities
3.575
02/15/36
909,941‌
Series
-
2013
GCP
(Class
A1)
589,118
(d)
LSTAR
Commercial
Mortgage
Trust
2.579
03/10/49
578,997‌
Series
-
2016
4
(Class
A2)
2,200,000
(d)
LSTAR
Commercial
Mortgage
Trust
4.021
03/10/50
2,075,864‌
Series
-
2017
5
(Class
AS)
1,500,000
(b),(d)
Manhattan
West
2.413
09/10/39
1,386,672‌
Series
-
2020
1MW
(Class
B)
1,296,773
(b)
Merrill
Lynch
Mortgage
Investors
Trust,
(TSFR1M
+
0.634%)
2.278
01/25/37
1,263,857‌
Series
-
2006
WMC1
(Class
A1B)
2,760,598
(d)
Morgan
Stanley
Bank
of
America
Merrill
Lynch
Trust
3.989
12/15/46
2,717,609‌
Series
-
2014
C19
(Class
LNC1)
872,227
(d)
Morgan
Stanley
Bank
of
America
Merrill
Lynch
Trust
4.384
12/15/46
851,038‌
Series
-
2014
C19
(Class
LNC2)
2,500,000
Morgan
Stanley
Bank
of
America
Merrill
Lynch
Trust
3.832
12/15/47
2,485,092‌
Series
-
2014
C19
(Class
AS)
3,750,000
(b)
Morgan
Stanley
Bank
of
America
Merrill
Lynch
Trust
4.000
12/15/47
3,702,750‌
Series
-
2014
C19
(Class
B)
2,500,000
Morgan
Stanley
Bank
of
America
Merrill
Lynch
Trust
3.605
02/15/48
2,480,348‌
Series
-
2015
C20
(Class
AS)
5,938,073
Morgan
Stanley
Bank
of
America
Merrill
Lynch
Trust
3.652
03/15/48
5,839,624‌
Series
-
2015
C21
(Class
AS)
3,360,000
Morgan
Stanley
Bank
of
America
Merrill
Lynch
Trust
3.561
04/15/48
3,260,512‌
Series
-
2015
C22
(Class
AS)
3,000,000
(b)
Morgan
Stanley
Capital
I
Trust
3.779
05/15/48
2,966,376‌
Series
-
2015
MS1
(Class
A4)
4,371,776
Morgan
Stanley
Capital
I
Trust
2.606
08/15/49
4,296,108‌
Series
-
2016
UB11
(Class
ASB)
253,360
(b)
Morgan
Stanley
Capital
I
Trust
6.282
12/12/49
90,576‌
Series
-
2007
IQ16
(Class
AJ)
1,300,000
Morgan
Stanley
Capital
I
Trust
3.587
12/15/50
1,264,247‌
Series
-
2017
HR2
(Class
A4)
1,000,000
Morgan
Stanley
Capital
I
Trust
4.177
07/15/51
984,453‌
Series
-
2018
H3
(Class
A5)
3,142,000
(b)
Morgan
Stanley
Capital
I
Trust
4.429
07/15/51
3,058,294‌
Series
-
2018
H3
(Class
AS)
3,000,000
(b),(d)
Morgan
Stanley
Capital
I
Trust
3.900
09/24/57
2,863,404‌
Series
-
2024
NSTB
(Class
AS)
2,352,267
(b),(d)
Morgan
Stanley
Residential
Mortgage
Loan
Trust
2.500
07/25/51
2,110,147‌
Series
-
2021
4
(Class
A4)
4,869,618
(b),(d)
Morgan
Stanley
Residential
Mortgage
Loan
Trust
4.000
02/25/53
4,530,730‌
Series
-
2023
1
(Class
A7)
2,000,000
(d)
MRCD
Mortgage
Trust
2.718
12/15/36
1,371,400‌
Series
-
2019
PARK
(Class
D)
3,500,000
(d)
MRCD
Mortgage
Trust
2.718
12/15/36
2,224,950‌
Series
-
2019
PARK
(Class
E)
1,561,835
(b),(d)
MSC
Trust,
(TSFR1M
+
0.892%)
5.989
11/15/36
1,550,152‌
Series
-
2021
ILP
(Class
A)
1,500,000
(b),(d)
MSDB
Trust
3.427
07/11/39
1,383,493‌
Series
-
2017
712F
(Class
A)
5,517,572
(b),(d)
Natixis
Commercial
Mortgage
Securities
Trust,
(TSFR1M
+
1.579%)
5.915
07/15/36
4,983,341‌
Series
-
2019
MILE
(Class
A)
2,500,000
(b),(d)
Natixis
Commercial
Mortgage
Securities
Trust,
(TSFR1M
+
1.879%)
6.976
07/15/36
2,119,779‌
Series
-
2019
MILE
(Class
B)
703,488
(d)
Natixis
Commercial
Mortgage
Securities
Trust
2.966
12/15/38
670,698‌
Series
-
2020
2PAC
(Class
A)
1,638,355
(b),(d)
New
Residential
Mortgage
Loan
Trust
3.513
03/25/52
1,353,615‌
Series
-
2022
INV1
(Class
B4)
203
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
OTHER
MORTGAGE
BACKED
(continued)
$
69,915
(b)
New
York
Mortgage
Trust,
(TSFR1M
+
0.594%)
5.449
%
02/25/36
$
69,194‌
Series
-
2005
3
(Class
A1)
4,665,000
(b),(d)
NRTH
Mortgage
Trust,
(TSFR1M
+
1.641%)
6.738
03/15/39
4,674,658‌
Series
-
2024
PARK
(Class
A)
3,750,000
(b),(d)
NYC
Trust,
(TSFR1M
+
2.840%)
7.936
08/15/29
3,781,236‌
Series
-
2024
3ELV
(Class
C)
9,606,225
(b),(d)
OBX
Trust
2.500
07/25/51
8,001,268‌
Series
-
2021
J2
(Class
A19)
8,054,043
(b),(d)
OBX
Trust
3.500
08/25/52
7,325,502‌
Series
-
2022
J2
(Class
A1)
7,791,461
(b),(d)
OBX
Trust
4.000
10/25/52
7,237,372‌
Series
-
2022
INV5
(Class
A13)
1,997,791
(b),(d)
Oceanview
Mortgage
Trust
2.500
05/25/51
1,665,207‌
Series
-
2021
1
(Class
A19)
2,172,901
(b),(d)
Oceanview
Mortgage
Trust
4.500
11/25/52
2,094,409‌
Series
-
2022
1
(Class
A1)
2,200,000
(d)
Olympic
Tower
Mortgage
Trust
3.566
05/10/39
2,027,695‌
Series
-
2017
OT
(Class
A)
8,030,000
(d)
One
Bryant
Park
Trust
2.516
09/15/54
7,155,945‌
Series
-
2019
OBP
(Class
A)
14,934,004
(d)
One
Market
Plaza
Trust
3.614
02/10/32
13,647,182‌
Series
-
2017
1MKT
(Class
A)
3,545,402
(b),(d)
OPEN
Trust,
(TSFR1M
+
5.236%)
10.332
10/15/28
3,586,699‌
Series
-
2023
AIR
(Class
C)
2,500,000
(b),(d)
PKHL
Commercial
Mortgage
Trust,
(TSFR1M
+
0.994%)
6.091
07/15/38
2,391,642‌
Series
-
2021
MF
(Class
A)
1,000,000
(d)
RBS
Commercial
Funding,
Inc
Trust
3.511
03/11/31
912,313‌
Series
-
2013
SMV
(Class
B)
2,527,873
(b),(d)
RCKT
Mortgage
Trust
3.500
06/25/52
2,273,974‌
Series
-
2022
4
(Class
A22)
282,677
(b),(d)
Sequoia
Mortgage
Trust
3.500
05/25/45
263,047‌
Series
-
2015
2
(Class
A1)
207,129
(b),(d)
Sequoia
Mortgage
Trust
3.500
02/25/47
190,638‌
Series
-
2017
2
(Class
A19)
756,496
(b),(d)
Sequoia
Mortgage
Trust
3.722
09/25/47
714,398‌
Series
-
2017
6
(Class
B1)
463,887
(b),(d)
Sequoia
Mortgage
Trust
3.500
03/25/48
427,403‌
Series
-
2018
3
(Class
A1)
35,851
(b),(d)
Sequoia
Mortgage
Trust
4.000
09/25/48
34,422‌
Series
-
2018
7
(Class
A19)
2,477,875
(b),(d)
Sequoia
Mortgage
Trust
3.000
04/25/50
2,158,595‌
Series
-
2020
3
(Class
A19)
4,323,127
(b),(d)
Sequoia
Mortgage
Trust
5.000
01/25/53
4,222,382‌
Series
-
2023
1
(Class
A19)
184,074
(b),(d)
Shellpoint
Co-Originator
Trust
3.500
04/25/47
170,084‌
Series
-
2017
1
(Class
A19)
1,500,000
(d)
SLG
Office
Trust
2.851
07/15/41
1,216,973‌
Series
-
2021
OVA
(Class
E)
1,800,000
UBS
Commercial
Mortgage
Trust
3.563
10/15/50
1,724,272‌
Series
-
2017
C4
(Class
A4)
2,250,000
UBS
Commercial
Mortgage
Trust
4.334
10/15/51
2,206,623‌
Series
-
2018
C13
(Class
A4)
6,367,387
(b),(d)
Verus
Securitization
Trust
2.240
10/25/66
5,512,412‌
Series
-
2021
7
(Class
A3)
325,326
(d)
VSE
VOI
Mortgage
LLC
4.020
02/20/36
324,753‌
Series
-
2018
A
(Class
C)
1,500,000
(b),(d)
Wells
Fargo
Commercial
Mortgage
Trust,
(TSFR1M
+
0.921%)
6.258
12/15/34
1,377,965‌
Series
-
2017
SMP
(Class
A)
3,400,000
Wells
Fargo
Commercial
Mortgage
Trust
3.808
12/15/47
3,377,058‌
Series
-
2014
LC18
(Class
AS)
2,272,000
Wells
Fargo
Commercial
Mortgage
Trust
3.540
05/15/48
2,250,224‌
Series
-
2015
C28
(Class
A4)
Core
Bond
204
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
OTHER
MORTGAGE
BACKED
(continued)
$
2,100,000
(b)
Wells
Fargo
Commercial
Mortgage
Trust
3.658
%
05/15/48
$
2,047,100‌
Series
-
2015
NXS1
(Class
B)
2,000,000
(b)
Wells
Fargo
Commercial
Mortgage
Trust
4.220
05/15/48
1,843,028‌
Series
-
2015
NXS1
(Class
D)
350,000
Wells
Fargo
Commercial
Mortgage
Trust
3.637
06/15/48
346,553‌
Series
-
2015
C29
(Class
A4)
2,029,830
(b)
Wells
Fargo
Commercial
Mortgage
Trust
4.818
12/15/48
1,967,523‌
Series
-
2015
P2
(Class
C)
1,553,211
Wells
Fargo
Commercial
Mortgage
Trust
2.825
10/15/49
1,529,053‌
Series
-
2016
LC24
(Class
ASB)
387,000
Wells
Fargo
Commercial
Mortgage
Trust
3.635
03/15/50
372,437‌
Series
-
2017
RB1
(Class
A5)
2,000,000
Wells
Fargo
Commercial
Mortgage
Trust
3.757
03/15/50
1,892,649‌
Series
-
2017
RB1
(Class
AS)
1,720,000
Wells
Fargo
Commercial
Mortgage
Trust
3.467
04/15/50
1,694,051‌
Series
-
2015
LC20
(Class
AS)
2,000,000
(b)
Wells
Fargo
Commercial
Mortgage
Trust
4.012
03/15/51
1,962,897‌
Series
-
2018
C43
(Class
A4)
9,313,000
Wells
Fargo
Commercial
Mortgage
Trust
5.820
08/15/57
9,816,038‌
Series
-
2024
1
(Class
AS)
1,200,000
(d)
Wells
Fargo
Commercial
Mortgage
Trust
3.153
09/15/57
1,120,585‌
Series
-
2015
NXS3
(Class
D)
2,500,000
(b)
Wells
Fargo
Commercial
Mortgage
Trust
3.972
09/15/57
2,462,801‌
Series
-
2015
NXS3
(Class
AS)
3,350,000
Wells
Fargo
Commercial
Mortgage
Trust
3.952
01/15/59
3,285,738‌
Series
-
2016
C32
(Class
AS)
2,500,000
(b)
Wells
Fargo
Commercial
Mortgage
Trust
4.887
01/15/59
2,464,776‌
Series
-
2016
C32
(Class
B)
381,854
Wells
Fargo
Commercial
Mortgage
Trust
2.933
11/15/59
374,717‌
Series
-
2016
C36
(Class
ASB)
80,088
(b),(d)
Wells
Fargo
Mortgage
Backed
Securities
Trust
4.000
04/25/49
77,202‌
Series
-
2019
2
(Class
A17)
1,035,588
(b),(d)
Wells
Fargo
Mortgage
Backed
Securities
Trust
3.500
09/25/49
950,834‌
Series
-
2019
4
(Class
A1)
728,919
(b),(d)
Wells
Fargo
Mortgage
Backed
Securities
Trust
3.000
07/25/50
638,877‌
Series
-
2020
4
(Class
A17)
10,712,635
(b),(d)
Wells
Fargo
Mortgage
Backed
Securities
Trust
2.500
06/25/51
8,922,826‌
Series
-
2021
2
(Class
A17)
2,825,977
(b),(d)
Wells
Fargo
Mortgage
Backed
Securities
Trust
2.500
12/25/51
2,350,301‌
Series
-
2022
2
(Class
A18)
3,238,652
(b),(d)
Wells
Fargo
Mortgage
Backed
Securities
Trust
3.000
03/25/52
2,803,736‌
Series
-
2022
INV1
(Class
A18)
5,600,963
(b),(d)
Wells
Fargo
Mortgage
Backed
Securities
Trust
3.500
03/25/52
5,038,403‌
Series
-
2022
INV1
(Class
A17)
189,733
(b),(d)
WinWater
Mortgage
Loan
Trust
3.927
06/20/44
162,658‌
Series
-
2014
1
(Class
B4)
TOTAL
OTHER
MORTGAGE
BACKED
986,529,153‌
TOTAL
STRUCTURED
ASSETS
(Cost
$1,636,919,454)
1,558,236,442‌
COMMON
STOCKS
-
0.0%
MATERIALS
-
0.0%
363,958
(i)
Petra
Diamonds
Ltd
136,733‌
TOTAL
MATERIALS
136,733‌
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
-
0.0%
10,391
(i)
Bright
Bidco
BV
5,310‌
7,607
(i)
Bright
Bidco
BV
3,887‌
TOTAL
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
9,197‌
SOFTWARE
&
SERVICES
-
0.0%
1,010
(i)
Avaya,
Inc
6,565‌
205
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
SOFTWARE
&
SERVICES
(continued)
4,815
(i)
Avaya,
Inc
$
31,297‌
TOTAL
SOFTWARE
&
SERVICES
37,862‌
TOTAL
COMMON
STOCKS
(Cost
$949,850)
183,792‌
INVESTMENT
COMPANIES
-
0.7%
2,908,491
Nuveen
Ultra
Short
Income
ETF
73,570,280‌
TOTAL
INVESTMENT
COMPANIES
(Cost
$73,349,803)
73,570,280‌
PREFERRED
STOCKS
-
0.1%
FINANCIAL
SERVICES
-
0.1%
200,000
Morgan
Stanley
5,062,000‌
208,700
Morgan
Stanley
5,549,333‌
TOTAL
FINANCIAL
SERVICES
10,611,333‌
TOTAL
PREFERRED
STOCKS
(Cost
$10,877,500)
10,611,333‌
TOTAL
LONG-TERM
INVESTMENTS
(Cost
$11,011,175,592)
10,643,045,354‌
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
SHORT-TERM
INVESTMENTS
-
1.3%
GOVERNMENT
AGENCY
DEBT
-
0.0%
$
157,000
Federal
National
Mortgage
Association
(FNMA)
0.000
%
10/23/24
156,534‌
TOTAL
GOVERNMENT
AGENCY
DEBT
156,534‌
REPURCHASE
AGREEMENT
-
0.6%
71,500,000
(j)
Bank
of
New
York
Mellon
4.860
10/01/24
71,500,000‌
TOTAL
REPURCHASE
AGREEMENT
71,500,000‌
TREASURY
DEBT
-
0.7%
5,347,000
United
States
Treasury
Bill
0.000
10/01/24
5,347,000‌
10,000,000
United
States
Treasury
Bill
0.000
10/03/24
9,997,391‌
10,000,000
United
States
Treasury
Bill
0.000
10/10/24
9,988,387‌
6,250,000
United
States
Treasury
Bill
0.000
10/15/24
6,238,545‌
40,000,000
United
States
Treasury
Bill
0.000
10/29/24
39,852,533‌
5,000,000
United
States
Treasury
Bill
0.000
11/26/24
4,963,610‌
TOTAL
TREASURY
DEBT
76,387,466‌
TOTAL
SHORT-TERM
INVESTMENTS
(Cost
$148,034,979)
148,044,000‌
SHARES
DESCRIPTION
RATE
EXP
VALUE
INVESTMENTS
PURCHASED
WITH
COLLATERAL
FROM
SECURITIES
LENDING
-
1.1%
120,318,843
(k)
State
Street
Navigator
Securities
Lending
Government
Money
Market
Portfolio
5.020
(l)
120,318,843‌
TOTAL
INVESTMENTS
PURCHASED
WITH
COLLATERAL
FROM
SECURITIES
LENDING
(Cost
$120,318,843)
120,318,843‌
TOTAL
INVESTMENTS
-
100.9%
(Cost
$11,279,529,414)
10,911,408,197‌
OTHER
ASSETS
&
LIABILITIES,
NET
-
(0.9)%
(100,989,438‌)
NET
ASSETS
-
100.0%
$
10,810,418,759‌
Core
Bond
206
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
Principal
denominated
in
U.S.
Dollars,
unless
otherwise
noted. 
BRL
Brazilian
Real
DOP
Dominican
Republic
Peso
ETF
Exchange
Traded
Fund
EUR
Euro
IDR
Indonesian
Rupiah
INR
Indian
Rupee
LIBOR
London
Interbank
Offered
Rate
M
Month
MXN
Mexican
Peso
MYR
Malaysian
Ringgit
PLN
Polish
Zloty
REIT
Real
Estate
Investment
Trust
RON
Romanian
Leu
SOFR
Secured
Overnight
Financing
Rate
SOFR30A
30
Day
Average
Secured
Overnight
Financing
Rate
TSFR1M
CME
Term
Secured
Overnight
Financing
Rate
1
Month
TSFR3M
CME
Term
Secured
Overnight
Financing
Rate
3
Month
TSFR6M
CME
Term
Secured
Overnight
Financing
Rate
6
Month
UGX
Ugandan
Shilling
UZS
Uzbekistani
Som
ZAR
South
African
Rand
(a)
When-issued
or
delayed
delivery
security.
(b)
Floating
or
variable
rate
security
includes
the
reference
rate
and
spread,
unless
the
variable
rate
is
based
on
the
underlying
asset
of
the
security.
Coupon
rate
reflects
the
rate
at
period
end.
(c)
For
fair
value
measurement
disclosure
purposes,
investment
classified
as
Level
3.
(d)
Security
is
exempt
from
registration
under
Rule
144A
of
the
Securities
Act
of
1933,
as
amended.
These
securities
are
deemed
liquid
and
may
be
resold
in
transactions
exempt
from
registration,
which
are
normally
those
transactions
with
qualified
institutional
buyers.
As
of
the
end
of
the
reporting
period,
the
aggregate
value
of
these
securities
is
$2,389,299,672
or
21.9%
of
Total
Investments.
(e)
All
or
a
portion
of
these
securities
are
out
on
loan.
The
aggregate
value
of
securities
on
loan
is
$126,298,673.
(f)
Perpetual
security
(g)
Payment
in
Kind
Bond
(h)
Principal
amount
for
interest
accrual
purposes
is
periodically
adjusted
based
on
changes
in
the
Consumer
Price
Index.
(i)
Non-income
producing
(j)
Agreement
with
Bank
of
New
York
Mellon,
4.860%
dated
9/30/24
to
be
repurchased
at
$72,017,982
on
10/1/24,
collateralized
by
Government
Agency
Securities,
with
coupon
rates
1.625%–4.375%
and
maturity
dates
7/31/26–5/15/31,
valued
at
$72,930,036.
(k)
Investments
made
with
cash
collateral
received
from
securities
on
loan.
(l)
The
rate
shown
is
the
one-day
yield
as
of
the
end
of
the
reporting
period.
Forward
Foreign
Currency
Contracts
Currency
Purchased
Receive
Currency
Sold
Deliver
Counterparty
Settlement
Date
Unrealized
Appreciation
(Depreciation)
EUR
933,941
$
1,039,453
Bank
of
America,
N.A.
10/15/24
 $
845‌
EUR
7,704
$
8,575
Bank
of
America,
N.A.
10/15/24
6‌
Total
 $
851‌
$
4,716,623
EUR
4,320,022
Morgan
Stanley
Capital
Services
10/15/24
 $
(95,360‌)
EUR
1,643,799
$
1,835,248
Morgan
Stanley
Capital
Services
10/15/24
(4,254‌)
Total
 $
(99,614‌)
Total
 $
(98,763‌)
EUR
Euro
207
See
Notes
to
Financial
Statements
Credit
Default
Swaps
-
Centrally
Cleared
PURCHASED
Reference
Entity
Terms
of
Payments
to
be
Paid
Terms
of
Payments
to
be
Received
Counterparty
Fixed
Rate
Payment
Frequency
Maturity
Date
Notional
Amount
*
Value
Premiums
Paid
(Received)
Unrealized
Appreciation
(Depreciation)
CDX-NAHYS42V1-5Y
5.000%
Credit
event
as
specified
in
contract
Citigroup
Global
Markets,
Inc
Quarterly
12/20/29
$218,000,000‌
$(16,332,294‌)
$(15,914,000‌)
$(418,294‌)
*  
The
maximum
potential
amount
the
Fund
could
be
required
to
pay
as
a
seller
of
credit
protection
or
receive
as
a
buyer
of
credit
protection
if
a
credit
event
occurs
is
defined
under
the
terms
of
that
particular
swap
agreement.
This
amount
may
be
reduced
by
any
recoverable
assets,
if
applicable.
Core
Impact
Bond
Consolidated
Portfolio
of
Investments
September
30,
2024
208
See
Notes
to
Financial
Statements
(Unaudited)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
LONG-TERM
INVESTMENTS
-
98.6%
BANK
LOAN
OBLIGATIONS
-
0.6%
CAPITAL
GOODS
-
0.0%
$
450,366
(a),(b)
KDC
Agribusiness
Fairless
Hills
LLC
12.000
%
09/17/25
$
45‌
TOTAL
CAPITAL
GOODS
45‌
COMMERCIAL
&
PROFESSIONAL
SERVICES
-
0.2%
13,839,571
(c)
LTR
Intermediate
Holdings,
Inc,
(TSFR1M
+
4.500%)
9.460
05/05/28
13,449,088‌
TOTAL
COMMERCIAL
&
PROFESSIONAL
SERVICES
13,449,088‌
UTILITIES
-
0.4%
6,469,503
(c)
Constellation
Renewables
LLC,
(TSFR3M
+
2.250%)
7.307
12/15/27
6,486,485‌
17,009,925
(c)
TerraForm
Power
Operating
LLC,
(TSFR3M
+
2.500%)
7.204
05/21/29
17,057,808‌
3,980,000
(c)
Vistra
Operations
Co
LLC,
(TSFR1M
+
2.750%)
7.595
04/30/31
3,996,417‌
TOTAL
UTILITIES
27,540,710‌
TOTAL
BANK
LOAN
OBLIGATIONS
(Cost
$41,440,890)
40,989,843‌
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
CORPORATE
BONDS
-
26.2%
AUTOMOBILES
&
COMPONENTS
-
0.5%
6,650,000
Ford
Motor
Co
3.250
02/12/32
5,663,307‌
11,025,000
Magna
International,
Inc
2.450
06/15/30
9,958,225‌
10,650,000
Toyota
Motor
Credit
Corp
2.150
02/13/30
9,610,033‌
2,260,000
(d)
ZF
North
America
Capital,
Inc
6.875
04/14/28
2,281,278‌
4,980,000
(d)
ZF
North
America
Capital,
Inc
7.125
04/14/30
5,162,113‌
TOTAL
AUTOMOBILES
&
COMPONENTS
32,674,956‌
BANKS
-
3.4%
4,753,000
Bank
of
America
Corp
6.100
N/A(e)
4,759,564‌
10,000,000
Bank
of
Montreal
3.803
12/15/32
9,718,239‌
8,875,000
Bank
of
Montreal
7.700
05/26/84
9,365,628‌
6,275,000
Barclays
plc
4.837
09/10/28
6,327,782‌
8,150,000
Barclays
plc
4.942
09/10/30
8,217,357‌
11,375,000
(d)
BNP
Paribas
S.A.
5.894
12/05/34
12,280,446‌
2,500,000
(d)
BNP
Paribas
S.A.
8.500
N/A(e)
2,682,107‌
2,000,000
Citigroup,
Inc
5.833
10/30/24
2,000,931‌
9,528,000
Citigroup,
Inc
1.281
11/03/25
9,491,079‌
5,025,000
Citigroup,
Inc
7.625
N/A(e)
5,368,579‌
10,000,000
(d)
Credit
Agricole
S.A.
5.335
01/10/30
10,290,210‌
10,000,000
(d)
Credit
Agricole
S.A.
6.251
01/10/35
10,672,641‌
7,025,000
Deutsche
Bank
AG.
6.819
11/20/29
7,562,166‌
4,950,000
(d)
Federation
des
Caisses
Desjardins
du
Quebec
5.147
11/27/28
5,175,732‌
9,125,000
(d)
Federation
des
Caisses
Desjardins
du
Quebec
5.250
04/26/29
9,404,630‌
9,925,000
HSBC
Holdings
plc
6.161
03/09/29
10,449,486‌
5,125,000
HSBC
Holdings
plc
6.875
N/A(e)
5,279,298‌
3,650,000
(d)
Intesa
Sanpaolo
S.p.A
6.625
06/20/33
3,989,627‌
13,800,000
(d)
Intesa
Sanpaolo
S.p.A
7.200
11/28/33
15,720,424‌
15,000,000
(d)
Intesa
Sanpaolo
S.p.A
7.800
11/28/53
17,985,140‌
12,575,000
JPMorgan
Chase
&
Co
5.571
04/22/28
12,965,694‌
4,500,000
JPMorgan
Chase
&
Co
5.766
04/22/35
4,849,280‌
12,475,000
JPMorgan
Chase
&
Co
6.875
N/A(e)
13,376,830‌
5,990,000
JPMorgan
Chase
&
Co
3.650
N/A(e)
5,794,976‌
7,750,000
Morgan
Stanley
Bank
NA
5.504
05/26/28
7,994,295‌
3,700,000
NatWest
Group
plc
8.125
N/A(e)
4,036,448‌
3,375,000
(d)
Royal
Bank
of
Canada
1.050
09/14/26
3,193,704‌
10,000,000
(d)
Royal
Bank
of
Canada
4.851
12/14/26
10,194,802‌
2,500,000
(d)
Shinhan
Financial
Group
Co
Ltd
5.000
07/24/28
2,543,076‌
TOTAL
BANKS
231,690,171‌
CAPITAL
GOODS
-
0.5%
8,875,000
Air
Lease
Corp
5.100
03/01/29
9,088,447‌
2,625,000
Air
Lease
Corp
6.000
N/A(e)
2,597,905‌
9,000,000
Conservation
Fund
3.474
12/15/29
8,450,192‌
8,725,000
Cummins,
Inc
5.450
02/20/54
9,229,903‌
209
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
CAPITAL
GOODS
-
0.5%
(continued)
$
6,250,000
(d)
Sociedad
de
Transmision
Austral
S.A.
4.000
%
01/27/32
$
5,770,866‌
TOTAL
CAPITAL
GOODS
35,137,313‌
COMMERCIAL
&
PROFESSIONAL
SERVICES
-
0.6%
4,025,000
(d)
Ambipar
Lux
Sarl
9.875
02/06/31
4,176,123‌
9,500,000
Automatic
Data
Processing,
Inc
1.700
05/15/28
8,820,853‌
12,875,000
Automatic
Data
Processing,
Inc
1.250
09/01/30
11,039,333‌
8,200,000
Automatic
Data
Processing,
Inc
4.450
09/09/34
8,218,986‌
12,760,000
Rockefeller
Foundation
2.492
10/01/50
8,549,940‌
TOTAL
COMMERCIAL
&
PROFESSIONAL
SERVICES
40,805,235‌
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
-
0.1%
5,525,000
Lowe's
Cos,
Inc
2.800
09/15/41
4,056,769‌
5,300,000
Lowe's
Cos,
Inc
5.750
07/01/53
5,592,390‌
TOTAL
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
9,649,159‌
CONSUMER
DURABLES
&
APPAREL
-
0.1%
5,270,000
Whirlpool
Corp
2.400
05/15/31
4,522,574‌
TOTAL
CONSUMER
DURABLES
&
APPAREL
4,522,574‌
CONSUMER
SERVICES
-
0.7%
8,475,000
Choice
Hotels
International,
Inc
5.850
08/01/34
8,739,900‌
5,820,000
Enterprise
Community
Loan
Fund,
Inc
4.152
11/01/28
5,748,105‌
2,250,000
Mary
Free
Bed
Rehabilitation
Hospital
3.786
04/01/51
1,739,692‌
11,525,000
Massachusetts
Higher
Education
Assistance
Corp
2.673
07/01/31
10,007,649‌
9,500,000
Mather
Foundation
2.675
10/01/31
8,313,066‌
30,000
Salvation
Army
5.637
09/01/26
30,338‌
5,000,000
Salvation
Army
4.528
09/01/48
4,792,524‌
6,100,000
Starbucks
Corp
2.450
06/15/26
5,935,851‌
TOTAL
CONSUMER
SERVICES
45,307,125‌
CONSUMER
STAPLES
DISTRIBUTION
&
RETAIL
-
0.6%
2,000,000
(d)
Alimentation
Couche-Tard,
Inc
3.625
05/13/51
1,504,255‌
10,625,000
SYSCO
Corp
5.750
01/17/29
11,229,157‌
10,750,000
SYSCO
Corp
2.400
02/15/30
9,747,169‌
18,025,000
Walmart,
Inc
1.800
09/22/31
15,676,152‌
TOTAL
CONSUMER
STAPLES
DISTRIBUTION
&
RETAIL
38,156,733‌
ENERGY
-
2.8%
2,125,000
BP
Capital
Markets
America,
Inc
4.699
04/10/29
2,168,581‌
6,050,000
BP
Capital
Markets
America,
Inc
4.893
09/11/33
6,155,887‌
9,875,000
BP
Capital
Markets
America,
Inc
2.772
11/10/50
6,495,505‌
6,950,000
(f)
BP
Capital
Markets
plc
6.450
N/A(e)
7,310,933‌
8,088,000
Cheniere
Energy
Partners
LP
4.000
03/01/31
7,654,391‌
4,850,000
Cheniere
Energy
Partners
LP
5.950
06/30/33
5,132,008‌
7,525,000
ConocoPhillips
Co
5.050
09/15/33
7,788,213‌
8,875,000
ConocoPhillips
Co
5.300
05/15/53
8,969,236‌
4,510,000
ConocoPhillips
Co
5.550
03/15/54
4,715,144‌
10,000,000
Enbridge,
Inc
5.625
04/05/34
10,488,155‌
7,725,000
Equinor
ASA
2.375
05/22/30
7,051,775‌
3,000,000
Equinor
ASA
3.950
05/15/43
2,624,763‌
9,110,000
Equinor
ASA
3.250
11/18/49
6,847,618‌
5,825,000
Marathon
Oil
Corp
5.300
04/01/29
6,040,078‌
6,725,000
MPLX
LP
5.500
06/01/34
6,909,144‌
5,000,000
(d)
New
York
State
Electric
&
Gas
Corp
5.650
08/15/28
5,209,808‌
2,000,000
(d)
New
York
State
Electric
&
Gas
Corp
5.850
08/15/33
2,118,356‌
2,025,000
(f)
Occidental
Petroleum
Corp
6.050
10/01/54
2,055,883‌
6,825,000
Pioneer
Natural
Resources
Co
5.100
03/29/26
6,921,269‌
2,950,000
(d)
Raizen
Fuels
Finance
S.A.
6.450
03/05/34
3,122,298‌
7,875,000
TotalEnergies
Capital
S.A.
4.724
09/10/34
7,914,556‌
4,350,000
TotalEnergies
Capital
S.A.
5.488
04/05/54
4,495,480‌
14,025,000
TotalEnergies
Capital
S.A.
5.275
09/10/54
14,045,203‌
10,550,000
TotalEnergies
Capital
S.A.
5.638
04/05/64
11,000,915‌
10,850,000
TotalEnergies
Capital
S.A.
5.425
09/10/64
10,919,781‌
3,000,000
Williams
Cos,
Inc
5.300
08/15/28
3,097,130‌
Core
Impact
Bond
210
See
Notes
to
Financial
Statements
Consolidated
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
ENERGY
-
2.8%
(continued)
$
23,000,000
Woodside
Finance
Ltd
5.100
%
09/12/34
$
22,846,485‌
TOTAL
ENERGY
190,098,595‌
FINANCIAL
SERVICES
-
3.6%
3,419,800
BB
Blue
Financing
DAC
4.395
09/20/29
3,454,835‌
10,000,000
BB
Blue
Financing
DAC
4.395
09/20/37
10,305,753‌
11,645,000
Community
Preservation
Corp
2.867
02/01/30
10,579,073‌
10,400,000
Ford
Foundation
2.815
06/01/70
6,625,462‌
1,609,000
Goldman
Sachs
Group,
Inc
0.855
02/12/26
1,583,253‌
10,000,000
(d)
GPS
Blue
Financing
DAC
5.645
11/09/41
10,050,000‌
8,600,000
(d)
Hannon
Armstrong
Sustainable
Infrastructure
Capital,
Inc
6.375
07/01/34
8,803,228‌
3,500,000
(d)
HAT
Holdings
I
LLC
3.375
06/15/26
3,389,346‌
3,000,000
(d),(f)
HAT
Holdings
I
LLC
3.750
09/15/30
2,708,620‌
2,630,894
HNA
LLC
2.369
09/18/27
2,537,586‌
6,935,000
Kreditanstalt
fuer
Wiederaufbau
4.375
02/28/34
7,211,702‌
4,500,000
Low
Income
Investment
Fund
3.386
07/01/26
4,379,155‌
10,000,000
Low
Income
Investment
Fund
3.711
07/01/29
9,283,049‌
7,725,000
Mastercard,
Inc
1.900
03/15/31
6,779,414‌
2,500,000
National
Rural
Utilities
Cooperative
Finance
Corp
1.350
03/15/31
2,076,020‌
6,500,000
National
Rural
Utilities
Cooperative
Finance
Corp
4.150
12/15/32
6,374,121‌
1,925,000
NHP
Foundation
5.850
12/01/28
2,034,725‌
4,850,000
NHP
Foundation
6.000
12/01/33
5,290,041‌
10,000,000
Private
Export
Funding
Corp
(PEFCO)
4.300
12/15/28
10,185,183‌
10,000,000
Private
Export
Funding
Corp
(PEFCO)
4.600
02/15/34
10,160,585‌
2,500,000
Reinvestment
Fund,
Inc
3.366
11/01/24
2,493,015‌
5,000,000
Reinvestment
Fund,
Inc
3.513
11/01/25
4,853,686‌
5,000,000
Reinvestment
Fund,
Inc
3.880
02/15/27
4,732,776‌
2,800,000
(d)
Starwood
Property
Trust,
Inc
7.250
04/01/29
2,935,974‌
13,175,000
(d),(g)
Starwood
Property
Trust,
Inc
6.000
04/15/30
13,180,362‌
7,272,831
Thirax  LLC
1.462
03/07/33
6,464,050‌
8,750,000
(d)
UBS
Group
AG.
5.428
02/08/30
9,045,934‌
9,375,000
(d)
UBS
Group
AG.
5.617
09/13/30
9,795,910‌
10,000,000
(d)
UBS
Group
AG.
2.746
02/11/33
8,666,716‌
9,950,000
(d)
UBS
Group
AG.
6.301
09/22/34
10,921,322‌
6,150,000
(d)
UBS
Group
AG.
5.699
02/08/35
6,491,828‌
4,050,000
(d)
UBS
Group
AG.
9.250
N/A(e)
4,477,684‌
3,375,000
(d)
UBS
Group
AG.
9.250
N/A(e)
3,980,252‌
10,000,000
Visa,
Inc
1.100
02/15/31
8,378,373‌
3,450,000
(d)
WLB
Asset
II
B
Pte
Ltd
3.950
12/10/24
3,316,359‌
5,425,000
(d)
WLB
Asset
II
C
Pte
Ltd
3.900
12/23/25
5,136,689‌
10,000,000
(d)
WLB
Asset
II
D
Pte
Ltd
6.500
12/21/26
9,417,934‌
9,750,000
(d)
WLB
Asset
VI
Pte
Ltd
7.250
12/21/27
10,320,277‌
TOTAL
FINANCIAL
SERVICES
248,420,292‌
FOOD,
BEVERAGE
&
TOBACCO
-
0.8%
3,725,000
Campbell
Soup
Co
5.200
03/21/29
3,858,009‌
10,125,000
(d)
Mars,
Inc
4.650
04/20/31
10,213,295‌
7,000,000
(d)
NBM
US
Holdings,
Inc
6.625
08/06/29
7,123,172‌
6,600,000
(d)
Nestle
Holdings,
Inc
4.950
03/14/30
6,852,240‌
10,000,000
PepsiCo,
Inc
3.900
07/18/32
9,840,173‌
20,310,000
PepsiCo,
Inc
2.875
10/15/49
14,515,148‌
TOTAL
FOOD,
BEVERAGE
&
TOBACCO
52,402,037‌
HEALTH
CARE
EQUIPMENT
&
SERVICES
-
0.1%
10,000,000
Kaiser
Foundation
Hospitals
2.810
06/01/41
7,711,012‌
TOTAL
HEALTH
CARE
EQUIPMENT
&
SERVICES
7,711,012‌
HOUSEHOLD
&
PERSONAL
PRODUCTS
-
1.0%
5,300,000
Procter
&
Gamble
Co
3.000
03/25/30
5,077,026‌
12,125,000
Procter
&
Gamble
Co
1.200
10/29/30
10,371,260‌
10,875,000
Procter
&
Gamble
Co
4.550
01/29/34
11,232,261‌
14,500,000
Unilever
Capital
Corp
4.875
09/08/28
14,942,373‌
6,125,000
Unilever
Capital
Corp
1.375
09/14/30
5,241,720‌
11,600,000
Unilever
Capital
Corp
4.625
08/12/34
11,768,208‌
211
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
HOUSEHOLD
&
PERSONAL
PRODUCTS
-
1.0%
(continued)
$
9,425,000
Unilever
Capital
Corp
2.625
%
08/12/51
$
6,466,628‌
TOTAL
HOUSEHOLD
&
PERSONAL
PRODUCTS
65,099,476‌
INSURANCE
-
0.5%
12,075,000
(d)
Five
Corners
Funding
Trust
II
2.850
05/15/30
11,158,236‌
4,100,000
(d)
Metropolitan
Life
Global
Funding
I
0.950
07/02/25
3,997,209‌
11,400,000
(d)
Muenchener
Rueckversicherungs-Gesellschaft
AG.
in
Muenchen
5.875
05/23/42
11,942,412‌
11,135,000
(d)
USAA
Capital
Corp
2.125
05/01/30
9,959,861‌
TOTAL
INSURANCE
37,057,718‌
MATERIALS
-
1.2%
10,500,000
Air
Products
and
Chemicals,
Inc
4.800
03/03/33
10,846,223‌
2,755,000
(d)
Alcoa
Nederland
Holding
BV
7.125
03/15/31
2,936,899‌
10,000,000
Amcor
Group
Finance
plc
5.450
05/23/29
10,362,076‌
7,250,000
(d)
Cemex
SAB
de
C.V.
9.125
N/A(e)
7,908,267‌
8,500,000
Dow
Chemical
Co
5.150
02/15/34
8,733,346‌
10,750,000
(d),(f)
FMG
Resources
August
2006
Pty
Ltd
6.125
04/15/32
10,995,734‌
3,775,000
(d)
LD
Celulose
International
GmbH
7.950
01/26/32
3,874,094‌
1,300,000
LG
Chem
Ltd
3.250
10/15/24
1,299,058‌
2,490,000
(d)
LG
Chem
Ltd
3.625
04/15/29
2,401,570‌
6,900,000
Nutrien
Ltd
5.200
06/21/27
7,076,143‌
11,125,000
Nutrien
Ltd
5.400
06/21/34
11,515,039‌
4,541,400
(d)
Star
Energy
Geothermal
Wayang
Windu
Ltd
6.750
04/24/33
4,637,855‌
TOTAL
MATERIALS
82,586,304‌
MEDIA
&
ENTERTAINMENT
-
0.2%
11,250,000
Comcast
Corp
4.650
02/15/33
11,410,875‌
TOTAL
MEDIA
&
ENTERTAINMENT
11,410,875‌
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
-
0.8%
13,250,000
Johnson
&
Johnson
4.900
06/01/31
13,924,390‌
8,300,000
Johnson
&
Johnson
2.250
09/01/50
5,370,146‌
6,650,000
Pfizer
Investment
Enterprises
Pte
Ltd
4.650
05/19/25
6,657,489‌
6,475,000
Pfizer
Investment
Enterprises
Pte
Ltd
5.110
05/19/43
6,592,531‌
15,000,000
Pfizer
Investment
Enterprises
Pte
Ltd
5.300
05/19/53
15,516,656‌
2,500,000
Pfizer,
Inc
2.625
04/01/30
2,319,236‌
5,400,000
Pfizer,
Inc
1.750
08/18/31
4,634,518‌
TOTAL
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
55,014,966‌
REAL
ESTATE
MANAGEMENT
&
DEVELOPMENT
-
0.2%
8,000,000
National
Community
Renaissance
of
California
3.270
12/01/32
6,909,584‌
9,775,000
Preservation
Of
Affordable
Housing,
Inc
4.479
12/01/32
9,318,371‌
TOTAL
REAL
ESTATE
MANAGEMENT
&
DEVELOPMENT
16,227,955‌
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
-
0.3%
10,050,000
Intel
Corp
4.150
08/05/32
9,576,441‌
10,000,000
Texas
Instruments,
Inc
5.050
05/18/63
10,034,493‌
TOTAL
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
19,610,934‌
TECHNOLOGY
HARDWARE
&
EQUIPMENT
-
0.2%
11,850,000
Apple,
Inc
3.000
06/20/27
11,639,725‌
TOTAL
TECHNOLOGY
HARDWARE
&
EQUIPMENT
11,639,725‌
TELECOMMUNICATION
SERVICES
-
0.1%
9,547,000
Verizon
Communications,
Inc
2.550
03/21/31
8,524,678‌
TOTAL
TELECOMMUNICATION
SERVICES
8,524,678‌
TRANSPORTATION
-
0.2%
5,066,976
(d)
Air
Canada
Pass
Through
Trust
4.125
05/15/25
5,028,425‌
5,220,248
(d)
Air
Canada
Pass
Through
Trust
3.300
01/15/30
4,875,596‌
6,000,000
Norfolk
Southern
Corp
2.300
05/15/31
5,314,796‌
TOTAL
TRANSPORTATION
15,218,817‌
UTILITIES
-
7.7%
5,000,000
AES
Corp
5.450
06/01/28
5,146,938‌
2,000,000
AES
Corp
7.600
01/15/55
2,104,082‌
6,725,000
Algonquin
Power
&
Utilities
Corp
5.365
06/15/26
6,806,276‌
3,325,000
(d)
AltaGas
Ltd
7.200
10/15/54
3,396,100‌
12,350,000
Ameren
Illinois
Co
2.900
06/15/51
8,452,979‌
4,500,000
Atlantic
City
Electric
Co
2.300
03/15/31
3,959,432‌
3,345,000
Avangrid,
Inc
3.150
12/01/24
3,332,436‌
Core
Impact
Bond
212
See
Notes
to
Financial
Statements
Consolidated
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
UTILITIES
-
7.7%
(continued)
$
10,000,000
Avangrid,
Inc
3.800
%
06/01/29
$
9,724,602‌
7,050,000
(d)
Brooklyn
Union
Gas
Co
4.632
08/05/27
7,042,316‌
10,000,000
(d)
Brooklyn
Union
Gas
Co
4.866
08/05/32
9,761,566‌
3,050,000
CMS
Energy
Corp
4.750
06/01/50
2,943,168‌
3,850,000
(d)
Colbun
S.A.
3.150
01/19/32
3,393,973‌
14,500,000
Commonwealth
Edison
Co
2.750
09/01/51
9,568,814‌
5,600,000
Connecticut
Light
and
Power
Co
4.650
01/01/29
5,694,432‌
6,475,000
(d)
Consorcio
Transmantaro
SA
4.700
04/16/34
6,336,091‌
5,200,000
Consumers
Energy
Co
4.600
05/30/29
5,305,157‌
14,292,962
(d)
Continental
Wind
LLC
6.000
02/28/33
14,782,786‌
4,138,000
Dominion
Energy,
Inc
2.250
08/15/31
3,579,596‌
3,425,000
Dominion
Energy,
Inc
7.000
06/01/54
3,739,507‌
8,325,000
Dominion
Energy,
Inc
4.350
N/A(e)
8,108,135‌
16,725,000
DTE
Electric
Co
1.900
04/01/28
15,548,758‌
9,025,000
DTE
Electric
Co
3.250
04/01/51
6,711,639‌
3,688,000
Duke
Energy
Carolinas
LLC
2.850
03/15/32
3,328,546‌
10,000,000
Duke
Energy
Florida
LLC
2.500
12/01/29
9,255,761‌
10,000,000
Duke
Energy
Florida
LLC
3.000
12/15/51
6,932,546‌
1,000,000
Duke
Energy
Progress
LLC
3.450
03/15/29
973,668‌
7,059,000
(d)
Electricite
de
France
S.A.
3.625
10/13/25
6,989,902‌
6,375,000
Florida
Power
&
Light
Co
4.625
05/15/30
6,538,946‌
6,250,000
Georgia
Power
Co
3.250
03/15/51
4,610,140‌
2,700,000
Georgia
Power
Co
5.125
05/15/52
2,702,935‌
1,518,850
(d)
India
Cleantech
Energy
4.700
08/10/26
1,470,399‌
9,700,000
Interstate
Power
and
Light
Co
3.500
09/30/49
7,264,441‌
10,750,000
(d)
Liberty
Utilities
Finance
GP
2.050
09/15/30
9,255,409‌
2,498,000
(d)
Massachusetts
Electric
Co
1.729
11/24/30
2,101,656‌
6,875,000
MidAmerican
Energy
Co
3.100
05/01/27
6,728,528‌
5,000,000
MidAmerican
Energy
Co
5.350
01/15/34
5,307,180‌
12,626,000
National
Fuel
Gas
Co
5.500
01/15/26
12,739,922‌
200,000
National
Fuel
Gas
Co
3.950
09/15/27
196,408‌
11,274,000
National
Fuel
Gas
Co
2.950
03/01/31
9,950,969‌
11,250,000
(d)
New
York
State
Electric
&
Gas
Corp
2.150
10/01/31
9,447,518‌
13,000,000
NextEra
Energy
Capital
Holdings,
Inc
4.900
03/15/29
13,328,633‌
6,275,000
NextEra
Energy
Capital
Holdings,
Inc
6.750
06/15/54
6,771,302‌
2,034,000
(d),(f)
NextEra
Energy
Operating
Partners
LP
7.250
01/15/29
2,144,608‌
11,750,000
(d)
Niagara
Mohawk
Power
Corp
1.960
06/27/30
10,300,836‌
5,200,000
Northern
States
Power
Co
2.900
03/01/50
3,636,266‌
7,050,000
Northern
States
Power
Co
3.200
04/01/52
5,138,316‌
8,125,000
Northern
States
Power
Co
5.400
03/15/54
8,580,130‌
5,250,000
Northwest
Natural
Gas
Co
3.078
12/01/51
3,461,094‌
17,028,000
Pacific
Gas
and
Electric
Co
6.700
04/01/53
19,488,509‌
6,000,000
PG&E
Recovery
Funding
LLC
4.838
06/01/35
6,148,468‌
11,375,000
PG&E
Recovery
Funding
LLC
5.231
06/01/42
12,007,511‌
4,750,000
PG&E
Recovery
Funding
LLC
5.529
06/01/51
5,025,962‌
7,075,000
Piedmont
Natural
Gas
Co,
Inc
3.350
06/01/50
5,109,742‌
1,900,000
PPL
Electric
Utilities
Corp
4.850
02/15/34
1,943,151‌
3,625,000
Public
Service
Co
of
Colorado
3.200
03/01/50
2,592,352‌
10,600,000
Public
Service
Co
of
Colorado
5.750
05/15/54
11,481,606‌
6,061,000
Public
Service
Electric
and
Gas
Co
4.650
03/15/33
6,146,847‌
6,150,000
Public
Service
Electric
and
Gas
Co
3.200
08/01/49
4,569,904‌
4,850,000
(d)
RWE
Finance
US
LLC
5.875
04/16/34
5,070,777‌
10,000,000
(d)
RWE
Finance
US
LLC
6.250
04/16/54
10,488,128‌
4,175,000
San
Diego
Gas
&
Electric
Co
4.950
08/15/28
4,289,976‌
15,000,000
San
Diego
Gas
&
Electric
Co
2.950
08/15/51
10,528,805‌
2,347,146
SCE
Recovery
Funding
LLC
1.977
11/15/28
2,244,419‌
7,100,000
SCE
Recovery
Funding
LLC
2.943
11/15/42
6,053,293‌
2,640,000
SCE
Recovery
Funding
LLC
3.240
11/15/46
2,046,622‌
3,594,216
(d)
Solar
Star
Funding
LLC
3.950
06/30/35
3,344,804‌
4,217,682
(d)
Solar
Star
Funding
LLC
5.375
06/30/35
4,280,400‌
8,430,000
Southern
California
Edison
Co
2.750
02/01/32
7,499,417‌
8,325,000
Southern
California
Edison
Co
5.200
06/01/34
8,628,961‌
213
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
UTILITIES
-
7.7%
(continued)
$
5,000,000
Southern
California
Edison
Co
3.450
%
02/01/52
$
3,720,500‌
7,000,000
Southwestern
Electric
Power
Co
3.250
11/01/51
4,845,128‌
18,529,000
Southwestern
Public
Service
Co
3.150
05/01/50
12,945,528‌
1,270,000
(d)
Sunnova
Energy
Corp
5.875
09/01/26
1,185,783‌
16,046,470
(d)
Sweihan
PV
Power
Co
PJSC
3.625
01/31/49
13,639,499‌
2,000,000
(d)
TerraForm
Power
Operating
LLC
5.000
01/31/28
1,978,685‌
6,273,248
(d)
Topaz
Solar
Farms
LLC
4.875
09/30/39
5,645,923‌
11,146,383
(d)
Topaz
Solar
Farms
LLC
5.750
09/30/39
11,031,041‌
5,821,256
(d)
UEP
Penonome
II
S.A.
6.500
10/01/38
5,044,047‌
10,000,000
Union
Electric
Co
2.150
03/15/32
8,566,645‌
16,400,000
Union
Electric
Co
2.625
03/15/51
10,637,691‌
5,425,000
(d)
Vistra
Corp
7.000
N/A(e)
5,537,862‌
TOTAL
UTILITIES
528,362,828‌
TOTAL
CORPORATE
BONDS
(Cost
$1,851,444,225)
1,787,329,478‌
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
GOVERNMENT
BONDS
-
59.2%
AGENCY
SECURITIES
-
2.7%
1,269,534
Canal
Barge
Co,
Inc
4.500
11/12/34
1,265,775‌
11,874,870
Crowley
Conro
LLC
4.181
08/15/43
11,104,797‌
208,929
Ethiopian
Leasing
LLC
2.566
08/14/26
207,212‌
25,000,000
Federal
Home
Loan
Mortgage
Corp
(FHLMC)
1.540
08/17/35
18,908,270‌
8,600,000
Federal
National
Mortgage
Association
(FNMA)
0.625
04/22/25
8,426,138‌
16,800,000
(f)
FNMA
0.875
08/05/30
14,312,503‌
9,000,000
FNMA
1.625
08/24/35
6,869,630‌
10,909,000
Hashemite
Kingdom
of
Jordan
Government
AID
Bond
3.000
06/30/25
10,775,739‌
990,000
(c)
Housing
and
Urban
Development
Corp
Ltd,
(LIBOR
6
M
+
0.035%)
5.034
09/15/30
983,807‌
10,519,000
Private
Export
Funding
Corp
(PEFCO)
1.750
11/15/24
10,478,353‌
8,150,000
PEFCO
3.250
06/15/25
8,090,613‌
7,099,000
PEFCO
3.900
10/15/27
7,148,300‌
20,603,300
Thirax  LLC
0.968
01/14/33
18,017,048‌
3,255,449
Thirax
2
LLC
2.320
01/22/34
2,972,360‌
3,630,000
Tote
Shipholdings
LLC
3.400
10/16/40
3,198,874‌
2,336,000
Tote
Shipholdings
LLC
3.450
01/22/41
2,057,725‌
1,775,000
United
States
International
Development
Finance
Corp
1.440
04/15/28
1,651,538‌
1,000,000
United
States
International
Development
Finance
Corp
1.650
04/15/28
935,927‌
1,206,960
United
States
International
Development
Finance
Corp
1.050
10/15/29
1,116,505‌
3,914,463
United
States
International
Development
Finance
Corp
1.790
10/15/29
3,692,286‌
9,786,158
United
States
International
Development
Finance
Corp
2.360
10/15/29
9,367,806‌
1,166,400
United
States
International
Development
Finance
Corp
4.140
05/15/30
1,167,576‌
4,877,400
United
States
International
Development
Finance
Corp
2.040
06/15/35
4,373,319‌
3,754,350
United
States
International
Development
Finance
Corp
1.670
07/15/38
3,132,849‌
8,731,046
United
States
International
Development
Finance
Corp
2.290
07/15/38
7,595,455‌
4,802,075
United
States
International
Development
Finance
Corp
2.450
07/15/38
4,221,466‌
3,726,000
US
Department
of
Housing
and
Urban
Development
(HUD)
2.870
08/01/27
3,631,405‌
420,000
HUD
5.380
08/01/27
421,373‌
4,675,000
HUD
2.985
08/01/28
4,526,794‌
1,931,000
HUD
3.185
08/01/29
1,851,392‌
1,750,000
HUD
3.585
08/01/37
1,593,024‌
500,000
VCM
Lease
S.A.
2.516
09/28/27
483,276‌
3,654,000
Vessel
Management
Services,
Inc
3.432
08/15/36
3,319,918‌
6,870,000
Vessel
Management
Services,
Inc
3.477
01/16/37
6,260,976‌
TOTAL
AGENCY
SECURITIES
184,160,029‌
FOREIGN
GOVERNMENT
BONDS
-
9.3%
17,925,000
African
Development
Bank
4.125
02/25/27
18,097,924‌
9,475,000
African
Development
Bank
3.500
09/18/29
9,406,513‌
7,350,000
African
Development
Bank
5.750
08/07/72
7,306,608‌
11,850,000
(d)
Arab
Petroleum
Investments
Corp
1.483
10/06/26
11,207,315‌
14,000,000
(d)
Arab
Petroleum
Investments
Corp
5.428
05/02/29
14,595,672‌
1,000,000
Asian
Development
Bank
2.125
03/19/25
989,149‌
9,670,000
Asian
Development
Bank
4.625
06/13/25
9,692,629‌
Core
Impact
Bond
214
See
Notes
to
Financial
Statements
Consolidated
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
FOREIGN
GOVERNMENT
BONDS
(continued)
$
9,732,000
Asian
Development
Bank
1.750
%
08/14/26
$
9,383,106‌
12,694,000
Asian
Development
Bank
3.125
09/26/28
12,485,756‌
10,000,000
Asian
Development
Bank
3.875
06/14/33
10,015,233‌
5,375,000
Asian
Infrastructure
Investment
Bank
4.875
09/14/26
5,486,354‌
10,000,000
Asian
Infrastructure
Investment
Bank
4.125
01/18/29
10,192,399‌
10,000,000
Asian
Infrastructure
Investment
Bank
4.250
03/13/34
10,272,832‌
EUR
7,925,000
(d)
Banque
Ouest
Africaine
de
Developpement
2.750
01/22/33
7,324,136‌
17,250,000
(d)
BNG
Bank
NV
3.500
05/19/28
17,132,694‌
8,125,000
Brazilian
Government
International
Bond
6.125
01/22/32
8,348,148‌
8,500,000
(d)
Caisse
d'Amortissement
de
la
Dette
Sociale
0.375
09/23/25
8,192,014‌
4,750,000
(d),(f)
Caisse
d'Amortissement
de
la
Dette
Sociale
1.375
01/20/31
4,083,716‌
5,000,000
Caisse
d'Amortissement
de
la
Dette
Sociale
2.125
01/26/32
4,438,119‌
19,600,000
Canada
Government
International
Bond
2.875
04/28/25
19,438,415‌
12,605,000
Canada
Government
International
Bond
3.750
04/26/28
12,661,583‌
7,000,000
(d)
CDP
Financial,
Inc
1.000
05/26/26
6,673,687‌
1,460,000
(c)
Central
American
Bank
for
Economic
Integration,
(TSFR3M
+
1.112%)
6.230
11/15/24
1,460,204‌
1,455,000
Central
American
Bank
for
Economic
Integration
5.000
02/09/26
1,466,758‌
8,025,000
Colombia
Government
International
Bond
8.000
11/14/35
8,553,234‌
4,625,000
Council
Of
Europe
Development
Bank
3.000
06/16/25
4,583,265‌
5,725,000
(d)
Dominican
Republic
International
Bond
6.600
06/01/36
6,066,685‌
1,000,000
European
Bank
for
Reconstruction
&
Development
1.500
02/13/25
988,530‌
1,250,000
European
Investment
Bank
2.375
05/24/27
1,210,692‌
3,725,000
European
Investment
Bank
0.625
10/21/27
3,404,926‌
3,750,000
European
Investment
Bank
3.250
11/15/27
3,712,260‌
10,500,000
European
Investment
Bank
1.625
10/09/29
9,542,345‌
10,279,000
European
Investment
Bank
0.750
09/23/30
8,694,437‌
5,000,000
European
Investment
Bank
4.375
10/10/31
5,206,000‌
10,875,000
Export
Development
Canada
3.375
08/26/25
10,802,978‌
11,250,000
Export
Development
Canada
3.750
09/07/27
11,281,843‌
13,050,000
Export
Development
Canada
3.875
02/14/28
13,137,123‌
10,000,000
Export
Development
Canada
4.125
02/13/29
10,178,438‌
14,925,000
Export
Development
Canada
4.750
06/05/34
15,940,683‌
4,500,000
Inter-American
Development
Bank
4.500
05/15/26
4,546,373‌
2,500,000
Inter-American
Development
Bank
1.125
01/13/31
2,137,716‌
12,250,000
(f)
Inter-American
Development
Bank
3.500
04/12/33
11,920,785‌
10,625,000
Inter-American
Investment
Corp
2.625
04/22/25
10,516,640‌
17,500,000
Inter-American
Investment
Corp
4.126
02/15/28
17,728,219‌
20,000,000
International
Bank
for
Reconstruction
&
Development
0.000
03/31/27
18,215,180‌
5,000,000
International
Bank
for
Reconstruction
&
Development
0.000
03/31/28
4,959,240‌
26,000,000
International
Bank
for
Reconstruction
&
Development
1.745
07/31/33
26,392,080‌
2,900,000
International
Bank
for
Reconstruction
&
Development
2.750
05/31/36
2,469,060‌
5,000,000
(d)
International
Development
Association
0.875
04/28/26
4,768,662‌
5,000,000
International
Finance
Corp
4.750
03/16/26
5,038,799‌
4,575,000
International
Finance
Corp
2.126
04/07/26
4,456,050‌
9,893,000
International
Finance
Facility
for
Immunisation
Co
1.000
04/21/26
9,446,959‌
2,500,000
Japan
Bank
for
International
Cooperation
1.625
01/20/27
2,376,583‌
3,250,000
Japan
Bank
for
International
Cooperation
4.375
10/05/27
3,300,207‌
8,750,000
Japan
International
Cooperation
Agency
1.750
04/28/31
7,627,734‌
6,000,000
(d)
Kommunalbanken
AS.
2.125
02/11/25
5,944,500‌
4,175,000
(d)
Kommuninvest
I
Sverige
AB
4.625
09/29/28
4,328,094‌
6,445,000
(d)
Korea
Electric
Power
Corp
1.125
06/15/25
6,293,630‌
10,250,000
(d)
Korea
Electric
Power
Corp
4.875
01/31/27
10,407,442‌
3,586,000
Kreditanstalt
fuer
Wiederaufbau
0.750
09/30/30
3,032,357‌
13,250,000
Landwirtschaftliche
Rentenbank
0.875
09/03/30
11,268,338‌
2,000,000
(d)
Nederlandse
Waterschapsbank
NV
2.375
03/24/26
1,956,488‌
12,375,000
(d)
Nederlandse
Waterschapsbank
NV
4.000
06/01/28
12,488,120‌
4,450,000
(d)
Nederlandse
Waterschapsbank
NV
4.375
02/28/29
4,566,590‌
15,391,000
OMERS
Finance
Trust
3.500
04/19/32
14,727,078‌
7,666,000
(d)
OMERS
Finance
Trust
3.500
04/19/32
7,335,311‌
3,825,000
(d)
OMERS
Finance
Trust
4.000
04/19/52
3,253,766‌
1,250,000
OPEC
Fund
for
International
Development
4.500
01/26/26
1,253,536‌
8,750,000
(d)
OPEC
Fund
for
International
Development
4.500
01/26/26
8,775,368‌
215
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
FOREIGN
GOVERNMENT
BONDS
(continued)
$
11,750,000
Province
of
Ontario
Canada
5.050
%
04/24/34
$
12,548,318‌
5,000,000
Province
of
Quebec
Canada
2.750
04/12/27
4,878,693‌
15,000,000
Province
of
Quebec
Canada
1.900
04/21/31
13,227,136‌
10,625,000
Province
of
Quebec
Canada
4.500
09/08/33
10,911,288‌
10,500,000
Province
of
Quebec
Canada
4.250
09/05/34
10,563,431‌
10,750,000
(f)
Republic
of
Italy
Government
International
Bond
4.000
10/17/49
8,250,625‌
5,100,000
(d)
Serbia
International
Bond
6.000
06/12/34
5,246,550‌
4,250,000
Seychelles
International
Bond
6.500
10/11/28
3,957,517‌
TOTAL
FOREIGN
GOVERNMENT
BONDS
634,768,866‌
MORTGAGE
BACKED
-
25.7%
1,900,000
(c),(d)
Angel
Oak
Mortgage
Trust
2.837
11/25/66
1,390,951‌
42,471,215
(c),(d)
Citigroup
Mortgage
Loan
Trust
0.155
02/25/52
367,461‌
4,758,691
(c),(d)
Citigroup
Mortgage
Loan
Trust
0.250
02/25/52
68,140‌
7,500,000
(c),(d)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
+
3.100%)
8.380
03/25/42
7,821,442‌
14,777,000
(c),(d)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
+
4.650%)
9.913
06/25/42
15,993,120‌
1,405,000
(c),(d)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
+
3.350%)
8.630
01/25/43
1,483,125‌
3,035,000
(c),(d)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
+
3.550%)
8.813
05/25/43
3,248,264‌
2,885,000
(c),(d)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
+
5.350%)
10.613
05/25/43
3,185,320‌
2,646,000
(c),(d)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
+
3.100%)
8.363
06/25/43
2,778,743‌
2,070,000
(c),(d)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
+
3.900%)
9.188
07/25/43
2,194,955‌
760,000
(c),(d)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
+
5.900%)
11.180
07/25/43
833,780‌
3,550,000
(c),(d)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
+
3.550%)
8.830
10/25/43
3,727,466‌
61,409
(c)
Countrywide
Home
Loan
Mortgage
Pass
Through
Trust
5.808
11/20/34
59,237‌
520,799
(c)
Fannie
Mae
REMICS,
(SOFR30A
+
5.836%)
0.555
09/25/43
77,148‌
1,814,149
Fannie
Mae
REMICS
3.000
07/25/45
1,656,418‌
3,174,869
Fannie
Mae
REMICS
3.500
02/25/48
2,871,270‌
2,361,625
Fannie
Mae
REMICS
4.000
07/25/48
2,260,442‌
4,064,779
Fannie
Mae
REMICS
2.000
08/25/50
531,744‌
4,837,182
Fannie
Mae
REMICS
2.000
10/25/50
3,400,708‌
11,123,916
Fannie
Mae
REMICS
2.500
11/25/50
1,584,697‌
3,931,133
Fannie
Mae
REMICS
3.000
12/25/50
682,934‌
3,827,191
Fannie
Mae
REMICS
3.000
02/25/51
644,883‌
4,315,988
Fannie
Mae
REMICS
2.500
11/25/51
530,690‌
9,134,208
Fannie
Mae
REMICS
3.500
04/25/52
7,377,502‌
1,896,475
Fannie
Mae
REMICS
4.000
05/25/52
1,595,771‌
5,548,076
Fannie
Mae
REMICS
4.500
07/25/52
5,501,407‌
2,380,770
Fannie
Mae
REMICS
4.500
08/25/52
2,119,240‌
1,814,878
Fannie
Mae
REMICS
4.000
09/25/52
1,600,730‌
2,065,922
Fannie
Mae
REMICS
4.000
09/25/52
1,909,401‌
1,750,384
Fannie
Mae
REMICS
4.500
10/25/52
1,673,772‌
1,996,532
Fannie
Mae
REMICS
4.500
10/25/52
1,966,949‌
3,360,490
Fannie
Mae
REMICS
5.500
11/25/52
3,438,753‌
3,405,181
(c)
Fannie
Mae-Aces
2.919
02/25/27
3,322,897‌
9,016,926
(c)
Fannie
Mae-Aces
3.413
06/25/28
8,836,891‌
11,250,000
(c)
Fannie
Mae-Aces
1.518
11/25/30
9,678,589‌
15,500,000
(c)
Fannie
Mae-Aces
1.287
01/25/31
13,151,835‌
5,250,214
Federal
Home
Loan
Mortgage
Corp
(FHLMC)
2.310
12/01/31
4,686,794‌
6,857,089
FHLMC
3.740
06/01/37
6,463,659‌
2,257,909
FHLMC
3.400
12/01/37
2,055,261‌
5,646,500
FHLMC
4.300
12/01/37
5,551,952‌
1,835,540
FHLMC
3.500
03/01/38
1,685,613‌
640,000
FHLMC
4.330
05/01/38
633,518‌
3,176,394
FHLMC
2.970
07/01/38
2,751,263‌
3,390,141
FHLMC
4.550
07/01/38
3,393,749‌
5,775,000
FHLMC
3.500
10/01/38
5,225,960‌
398,695
FHLMC
3.160
11/01/38
349,357‌
1,853,500
FHLMC
3.910
01/01/39
1,737,735‌
3,364,715
FHLMC
3.000
01/01/41
2,853,839‌
779,518
FHLMC
4.250
09/01/42
769,094‌
4,555,467
FHLMC
2.500
11/01/51
3,947,089‌
7,394,042
FHLMC
3.000
11/01/51
6,770,226‌
347,772
FHLMC
3.000
11/01/51
317,188‌
Core
Impact
Bond
216
See
Notes
to
Financial
Statements
Consolidated
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MORTGAGE
BACKED
(continued)
$
904,071
FHLMC
3.000
%
11/01/51
$
830,317‌
1,364,942
FHLMC
3.000
11/01/51
1,250,545‌
5,213,527
FHLMC
2.500
01/01/52
4,535,628‌
9,774,240
FHLMC
2.500
02/01/52
8,541,970‌
2,265,507
FHLMC
3.000
02/01/52
2,037,785‌
328,475
FHLMC
3.000
03/01/52
295,337‌
6,093,214
FHLMC
2.500
04/01/52
5,308,152‌
9,069,704
FHLMC
4.000
04/01/52
8,723,910‌
7,678,543
FHLMC
3.000
06/01/52
6,936,240‌
7,016,567
FHLMC
3.500
06/01/52
6,561,039‌
8,109,740
FHLMC
4.500
06/01/52
7,981,986‌
198,800
FHLMC
4.500
07/01/52
195,493‌
8,072,056
FHLMC
4.500
07/01/52
7,944,895‌
257,791
FHLMC
3.000
10/01/52
231,643‌
9,362,524
FHLMC
6.000
11/01/52
9,600,894‌
2,438,785
FHLMC
3.500
12/01/52
2,271,212‌
7,436,334
FHLMC
5.000
01/01/53
7,440,589‌
18,016,248
FHLMC
5.500
08/01/53
18,244,122‌
71,157
Federal
Home
Loan
Mortgage
Corp
Gold
(FGLMC)
5.000
06/01/36
73,087‌
69,442
FGLMC
4.000
06/01/42
68,308‌
71,417
FGLMC
4.500
12/01/43
72,243‌
69,645
FGLMC
4.500
02/01/44
70,450‌
600,367
FGLMC
5.000
08/01/44
619,144‌
119,599
FGLMC
3.500
04/01/45
114,348‌
2,540,879
FGLMC
3.500
08/01/45
2,437,812‌
1,437,240
FGLMC
3.500
02/01/47
1,357,805‌
18,789
FGLMC
3.000
04/01/47
17,256‌
175,211
FGLMC
4.500
06/01/47
175,896‌
242,256
FGLMC
4.000
09/01/47
237,099‌
56,314
FGLMC
3.500
12/01/47
53,471‌
1,155,861
FGLMC
4.500
08/01/48
1,160,708‌
24,436
Federal
National
Mortgage
Association
(FNMA)
3.500
07/01/26
24,159‌
186,192
FNMA
3.500
05/01/32
184,011‌
105,015
FNMA
5.500
11/01/38
108,409‌
2,976,769
FNMA
3.000
05/01/40
2,804,651‌
845,070
FNMA
3.500
05/01/40
822,580‌
203,580
FNMA
5.000
09/01/40
209,729‌
1,148,249
FNMA
4.000
09/01/42
1,128,265‌
34,577,788
FNMA
4.000
05/01/44
34,146,601‌
41,008
FNMA
4.500
06/01/44
41,078‌
212,125
FNMA
4.500
06/01/44
212,719‌
88,753
FNMA
4.500
08/01/44
89,002‌
171,738
FNMA
4.500
11/01/44
172,033‌
9,955
FNMA
5.000
11/01/44
10,254‌
516,019
FNMA
4.000
01/01/45
507,037‌
165,307
FNMA
4.500
03/01/45
165,592‌
522,479
FNMA
3.500
01/01/46
496,660‌
580,313
FNMA
4.000
04/01/46
570,208‌
748,551
FNMA
3.500
06/01/46
710,856‌
1,073,268
FNMA
3.500
07/01/46
1,019,365‌
1,418,110
FNMA
3.500
07/01/46
1,354,059‌
1,545,778
FNMA
3.500
08/01/46
1,467,522‌
2,093,254
FNMA
3.000
10/01/46
1,886,893‌
109,184
FNMA
4.500
05/01/47
110,432‌
379,791
FNMA
4.000
10/01/47
369,531‌
3,497,437
FNMA
3.500
11/01/47
3,334,027‌
212,445
FNMA
4.500
11/01/47
213,205‌
136,061
FNMA
3.500
01/01/48
128,973‌
2,718,310
FNMA
3.500
01/01/48
2,565,165‌
759,114
FNMA
4.500
01/01/48
761,460‌
187,434
FNMA
4.500
02/01/48
187,995‌
499,699
FNMA
4.500
05/01/48
501,195‌
217
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MORTGAGE
BACKED
(continued)
$
355,587
FNMA
4.500
%
05/01/48
$
356,652‌
9,135,496
FNMA
4.500
10/01/48
9,314,244‌
12,922,259
FNMA
3.000
07/01/50
11,837,081‌
4,884,766
FNMA
2.500
08/01/51
4,262,262‌
1,948,316
FNMA
3.000
09/01/51
1,778,155‌
5,022,294
FNMA
2.500
12/01/51
4,379,747‌
10,952,912
FNMA
2.500
02/01/52
9,556,149‌
6,692,705
FNMA
3.500
02/01/52
6,322,232‌
1,623,862
FNMA
2.500
04/01/52
1,418,624‌
11,150,221
FNMA
3.500
05/01/52
10,447,405‌
7,999,128
FNMA
3.500
05/01/52
7,449,089‌
19,634,563
FNMA
4.000
05/01/52
18,884,081‌
27,824,466
FNMA
3.500
06/01/52
25,947,126‌
12,145,672
FNMA
3.500
06/01/52
11,365,970‌
9,658,708
FNMA
4.000
06/01/52
9,275,072‌
3,908,741
FNMA
4.500
06/01/52
3,847,204‌
17,472,937
FNMA
4.000
07/01/52
16,792,106‌
30,292,206
FNMA
4.000
07/01/52
29,113,303‌
3,577,950
FNMA
4.500
07/01/52
3,521,620‌
33,290,191
FNMA
4.500
07/01/52
32,756,174‌
16,616,153
FNMA
5.000
08/01/52
16,644,483‌
59,268,767
FNMA
4.000
09/01/52
56,941,445‌
157,991,564
FNMA
4.500
09/01/52
155,394,609‌
8,788,507
FNMA
5.000
09/01/52
8,801,002‌
52,662,335
FNMA
4.000
10/01/52
50,602,166‌
8,742,988
FNMA
4.500
10/01/52
8,598,412‌
40,836,235
FNMA
5.000
10/01/52
40,862,539‌
13,688,022
FNMA
4.000
11/01/52
13,155,204‌
48,897,776
FNMA
4.500
11/01/52
48,089,213‌
5,943,862
FNMA
5.500
12/01/52
6,026,364‌
121,182
FNMA
5.000
01/01/53
121,285‌
30,419,805
FNMA
5.000
02/01/53
30,426,245‌
20,398,636
FNMA
6.000
02/01/53
20,886,972‌
20,762,188
FNMA
6.000
03/01/53
21,247,323‌
31,774,612
FNMA
5.000
04/01/53
31,778,884‌
7,274,582
FNMA
5.000
06/01/53
7,337,380‌
48,446,379
FNMA
5.500
06/01/53
49,010,558‌
15,150,916
FNMA
5.000
08/01/53
15,141,250‌
61,738,679
FNMA
5.500
10/01/53
62,452,912‌
1,442,483
FNMA
6.000
01/01/54
1,474,274‌
24,183,284
FNMA
5.500
05/01/54
24,466,185‌
4,611,207
Freddie
Mac
REMICS
3.500
01/15/47
4,185,840‌
1,011,171
Freddie
Mac
REMICS
4.000
10/15/47
968,557‌
1,905,143
Freddie
Mac
REMICS
4.000
11/15/47
1,837,157‌
4,469,419
Freddie
Mac
REMICS
4.000
01/15/48
4,310,817‌
4,790,085
Freddie
Mac
REMICS
4.000
03/15/48
4,606,948‌
1,487,727
Freddie
Mac
REMICS
4.000
04/15/48
1,434,823‌
4,686,337
Freddie
Mac
REMICS
4.000
04/15/48
4,482,461‌
654,578
(c)
Freddie
Mac
REMICS,
(SOFR30A
+
9.737%)
1.190
06/15/48
642,050‌
569,258
(c)
Freddie
Mac
REMICS,
(SOFR30A
+
9.657%)
1.110
10/15/48
524,734‌
2,293,662
Freddie
Mac
REMICS
2.000
09/25/50
299,768‌
4,334,656
Freddie
Mac
REMICS
2.000
09/25/50
2,998,651‌
7,939,208
Freddie
Mac
REMICS
3.000
09/25/50
6,077,348‌
3,938,346
Freddie
Mac
REMICS
3.000
10/25/50
2,976,430‌
13,647,482
Freddie
Mac
REMICS
2.500
02/25/51
2,295,044‌
4,519,657
Freddie
Mac
REMICS
2.500
05/25/51
3,004,818‌
1,445,648
Freddie
Mac
REMICS
4.000
08/25/52
1,246,940‌
2,685,005
Freddie
Mac
REMICS
4.500
10/25/52
2,578,226‌
3,289,673
Freddie
Mac
REMICS
5.500
11/25/52
3,393,672‌
2,137,910
Freddie
Mac
REMICS
5.500
02/25/53
2,220,924‌
409,301
(c)
Freddie
Mac
Strips,
(SOFR30A
+
5.806%)
0.463
03/15/44
44,447‌
500,994
Government
National
Mortgage
Association
(GNMA)
2.690
06/15/33
470,988‌
Core
Impact
Bond
218
See
Notes
to
Financial
Statements
Consolidated
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MORTGAGE
BACKED
(continued)
$
8,952,547
GNMA
5.000
%
01/20/40
$
1,885,004‌
4,062,120
GNMA
4.500
03/20/40
730,001‌
6,580,300
GNMA
5.000
03/20/40
1,312,324‌
24,603
GNMA
5.000
06/20/42
25,279‌
6,893,942
GNMA
2.500
12/20/43
6,196,638‌
10,816,733
GNMA
2.750
01/15/45
9,937,923‌
2,459,185
GNMA
3.000
03/20/45
2,224,071‌
397,534
GNMA
4.000
06/20/46
47,272‌
2,422,819
GNMA
5.000
09/20/46
455,317‌
2,164,133
GNMA
3.500
12/20/46
2,056,934‌
1,483,204
GNMA
3.500
01/20/47
1,410,327‌
2,698,478
(c)
GNMA,
(TSFR1M
+
5.986%)
1.025
03/20/50
437,480‌
1,293,671
GNMA
3.500
10/20/50
1,223,284‌
22,197,502
GNMA
3.000
06/20/51
20,267,522‌
4,222,876
GNMA
3.000
07/20/51
3,853,405‌
9,116,937
GNMA
3.000
11/20/51
6,956,209‌
31,245,701
GNMA
3.000
12/20/51
28,499,971‌
9,945,914
GNMA
3.000
12/20/51
7,570,315‌
17,953,291
GNMA
3.000
01/20/52
16,374,322‌
7,939,519
GNMA
3.000
01/20/52
6,140,936‌
4,109,161
GNMA
2.500
02/20/52
3,521,279‌
8,263,936
GNMA
3.000
02/20/52
5,960,011‌
5,713,788
GNMA
4.000
04/20/52
4,999,158‌
7,152,212
GNMA
5.000
04/20/52
1,333,373‌
31,348,796
GNMA
3.500
07/20/52
29,446,683‌
2,442,442
GNMA
4.000
07/20/52
2,082,359‌
6,799,115
GNMA
4.000
08/20/52
6,572,393‌
39,206,374
GNMA
4.000
09/20/52
37,922,996‌
4,359,612
GNMA
4.500
09/20/52
4,170,127‌
3,552,186
GNMA
4.500
09/20/52
3,402,092‌
2,965,339
GNMA
4.500
09/20/52
2,852,033‌
2,527,117
GNMA
4.500
09/20/52
2,330,661‌
13,469,766
GNMA
5.000
11/20/52
13,512,112‌
22,982,016
GNMA
3.500
12/20/52
21,587,607‌
15,396,322
GNMA
4.500
12/20/52
15,216,539‌
7,464,557
GNMA
4.500
02/20/53
7,376,565‌
2,968,799
GNMA
4.500
02/20/53
2,750,466‌
2,841,048
GNMA
5.000
02/20/53
2,848,277‌
2,710,565
GNMA
5.500
02/20/53
2,763,734‌
6,046,466
(c)
GNMA,
(SOFR30A
+
6.950%)
1.605
05/20/53
420,873‌
4,579,889
(c)
GNMA,
(SOFR30A
+
23.205%)
2.358
08/20/53
5,019,462‌
3,873,011
GNMA
3.000
08/20/53
3,532,631‌
2,935,861
(c)
GNMA,
(SOFR30A
+
25.350%)
4.503
08/20/53
3,403,795‌
5,413,854
GNMA
5.000
12/20/53
5,306,846‌
4,953,908
GNMA
2.500
04/20/54
3,664,182‌
1,749,753
(c),(d)
GS
Mortgage-Backed
Securities
Corp
Trust
2.500
08/25/51
1,457,414‌
45,958,421
(c),(d)
GS
Mortgage-Backed
Securities
Trust
0.151
08/25/51
377,493‌
6,690,408
(c),(d)
GS
Mortgage-Backed
Securities
Trust
2.500
11/25/51
5,597,825‌
3,854,288
(c),(d)
GS
Mortgage-Backed
Securities
Trust
2.500
03/25/52
3,215,144‌
3,126,821
(c),(d)
GS
Mortgage-Backed
Securities
Trust
2.500
05/01/52
2,783,000‌
1,607,096
(c),(d)
GS
Mortgage-Backed
Securities
Trust
2.831
05/28/52
1,331,466‌
16,312,199
(c),(d)
GS
Mortgage-Backed
Securities
Trust
3.000
01/25/53
14,284,901‌
8,353
(c)
Impac
CMB
Trust,
(TSFR1M
+
0.774%)
5.629
03/25/35
7,740‌
52,541
(c),(d)
JP
Morgan
Mortgage
Trust
3.500
05/25/47
48,382‌
316,964
(c),(d)
JP
Morgan
Mortgage
Trust
3.500
10/25/48
287,598‌
38,362
(c),(d)
JP
Morgan
Mortgage
Trust
4.000
01/25/49
36,485‌
12,906,082
(c),(d)
JP
Morgan
Mortgage
Trust
0.122
06/25/51
85,828‌
22,591,958
(c),(d)
JP
Morgan
Mortgage
Trust
0.109
11/25/51
133,080‌
1,876,216
(c),(d)
JP
Morgan
Mortgage
Trust
2.500
11/25/51
1,562,748‌
22,460,703
(c),(d)
JP
Morgan
Mortgage
Trust
0.117
12/25/51
142,435‌
2,365,297
(c),(d)
JP
Morgan
Mortgage
Trust
2.500
12/25/51
1,970,116‌
3,367,696
(c),(d)
JP
Morgan
Mortgage
Trust
2.500
01/25/52
2,805,040‌
219
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MORTGAGE
BACKED
(continued)
$
2,403,064
(c),(d)
JP
Morgan
Mortgage
Trust
3.343
%
04/25/52
$
1,953,694‌
5,459,338
(c),(d)
JP
Morgan
Mortgage
Trust
2.500
06/25/52
4,540,408‌
4,863,994
(c),(d)
JP
Morgan
Mortgage
Trust
3.000
06/25/52
4,274,788‌
9,768,186
(d)
JP
Morgan
Mortgage
Trust
0.224
07/25/52
113,968‌
5,281,568
(c),(d)
JP
Morgan
Mortgage
Trust
2.500
07/25/52
4,392,560‌
5,222,509
(c),(d)
JP
Morgan
Mortgage
Trust
3.000
07/25/52
4,591,437‌
2,528,300
(c),(d)
JP
Morgan
Mortgage
Trust
3.250
07/25/52
2,207,194‌
8,167,779
(c),(d)
JP
Morgan
Mortgage
Trust
3.000
08/25/52
7,070,934‌
4,203,175
(c),(d)
JP
Morgan
Mortgage
Trust
3.000
10/25/52
3,638,943‌
3,895,033
(c),(d)
JP
Morgan
Mortgage
Trust
3.000
11/25/52
3,377,026‌
4,882,645
(c),(d)
JP
Morgan
Mortgage
Trust
3.000
04/25/53
4,226,958‌
2,009,777
(c),(d)
JP
Morgan
Mortgage
Trust
5.000
06/25/53
1,972,642‌
2,078,195
(c),(d)
JP
Morgan
Mortgage
Trust
5.500
06/25/53
2,064,550‌
3,173,114
(c),(d)
Morgan
Stanley
Residential
Mortgage
Loan
Trust
2.500
08/25/51
2,642,967‌
3,096,967
(c),(d)
Morgan
Stanley
Residential
Mortgage
Loan
Trust
2.500
09/25/51
2,774,436‌
2,070,242
(c),(d)
Morgan
Stanley
Residential
Mortgage
Loan
Trust
2.500
09/25/51
1,724,357‌
332,640
(c),(d)
New
Residential
Mortgage
Loan
Trust
2.797
09/25/59
314,762‌
1,377,999
(c),(d)
RCKT
Mortgage
Trust
3.006
09/25/51
1,109,520‌
5,781,575
(c),(d)
RCKT
Mortgage
Trust
2.500
02/25/52
4,808,405‌
2,727,768
(c),(d)
RCKT
Mortgage
Trust
3.000
05/25/52
2,361,594‌
29,195
(c),(d)
Sequoia
Mortgage
Trust
4.000
06/25/49
27,952‌
150,673
(c),(d)
Sequoia
Mortgage
Trust
3.500
12/25/49
137,649‌
2,372,513
(c),(d)
Sequoia
Mortgage
Trust
2.500
06/25/51
1,993,891‌
329,753
(c),(d)
Shellpoint
Co-Originator
Trust
3.500
10/25/47
305,813‌
7,647,588
(c),(d)
Structured
Agency
Credit
Risk
Debt
Note
(STACR),
(SOFR30A
+
2.050%)
7.395
12/25/33
7,806,361‌
3,185,000
(c),(d)
STACR,
(SOFR30A
+
4.750%)
10.030
02/25/42
3,374,481‌
7,090,000
(c),(d)
STACR,
(SOFR30A
+
2.900%)
8.180
04/25/42
7,341,796‌
1,830,000
(c),(d)
STACR,
(SOFR30A
+
5.650%)
8.647
04/25/42
1,977,366‌
15,318,000
(c),(d)
STACR,
(SOFR30A
+
3.350%)
8.630
05/25/42
16,074,492‌
12,628,000
(c),(d)
STACR,
(SOFR30A
+
4.500%)
9.780
06/25/42
13,558,446‌
6,984,000
(c),(d)
STACR,
(SOFR30A
+
4.000%)
9.280
07/25/42
7,438,090‌
6,445,000
(c),(d)
STACR,
(SOFR30A
+
3.700%)
8.980
09/25/42
6,814,783‌
280,000
(c),(d)
STACR,
(SOFR30A
+
3.100%)
8.444
03/25/43
293,602‌
350,000
(c),(d)
STACR,
(SOFR30A
+
3.250%)
8.513
04/25/43
368,214‌
6,335,000
(c),(d)
STACR,
(SOFR30A
+
3.500%)
8.780
05/25/43
6,714,478‌
66,739
(c),(d)
STACR
3.787
02/25/48
64,225‌
2,665,000
(c),(d)
STACR,
(SOFR30A
+
4.800%)
10.080
10/25/50
3,043,444‌
925,000
(c),(d)
Verus
Securitization
Trust
3.207
11/25/59
884,659‌
327,211
(d)
Verus
Securitization
Trust
(Step
Bond)
1.733
05/25/65
313,358‌
TOTAL
MORTGAGE
BACKED
1,753,557,392‌
MUNICIPAL
BONDS
-
4.1%
2,000,000
Brunswick
&
Glynn
County
Development
Authority
3.060
04/01/25
1,989,806‌
18,490,000
California
Earthquake
Authority
5.750
11/01/24
18,505,326‌
1,950,000
California
Health
Facilities
Financing
Authority
4.353
06/01/41
1,852,718‌
6,400,000
(d)
California
Municipal
Finance
Authority
6.375
11/15/48
6,428,476‌
1,000,000
Chicago
Park
District
4.095
01/01/26
995,358‌
625,000
Chula
Vista
Municipal
Financing
Authority
3.775
12/01/33
599,413‌
740,000
Chula
Vista
Municipal
Financing
Authority
4.075
12/01/41
668,029‌
935,000
City
&
County
of
San
Francisco
CA
3.700
04/01/34
863,788‌
440,000
City
&
County
of
San
Francisco
CA
3.750
04/01/35
402,413‌
5,835,000
City
&
County
of
San
Francisco
CA
3.900
04/01/42
4,990,701‌
5,405,000
City
&
County
of
San
Francisco
CA
Community
Facilities
District
3.750
09/01/37
4,945,734‌
4,610,000
City
&
County
of
San
Francisco
CA
Community
Facilities
District
4.221
09/01/39
4,320,500‌
5,000,000
City
&
County
of
San
Francisco
CA
Community
Facilities
District
4.000
09/01/48
4,277,483‌
7,805,000
City
&
County
of
San
Francisco
CA
Community
Facilities
District
3.482
09/01/50
6,014,817‌
1,225,000
City
&
County
of
San
Francisco
CA
Community
Facilities
District
No
2014
6.332
09/01/51
1,314,819‌
1,925,000
City
of
Berkeley
CA
3.250
09/01/35
1,751,158‌
650,000
City
of
Detroit
MI
2.511
04/01/25
642,625‌
745,000
City
of
Detroit
MI
2.711
04/01/26
723,619‌
525,000
City
of
Detroit
MI
3.644
04/01/34
470,621‌
4,000,000
City
of
Los
Angeles
CA
3.500
09/01/37
3,558,473‌
9,060,000
City
of
Los
Angeles
CA
3.880
09/01/38
8,468,271‌
Core
Impact
Bond
220
See
Notes
to
Financial
Statements
Consolidated
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MUNICIPAL
BONDS
(continued)
$
7,000,000
City
of
Los
Angeles
CA
5.000
%
09/01/42
$
7,069,406‌
870,000
(d)
City
of
Miami
FL
4.808
01/01/39
854,074‌
2,950,000
City
of
New
York
NY
5.828
10/01/53
3,396,392‌
2,685,000
City
of
Oakland
CA
1.830
01/15/27
2,573,038‌
3,025,000
City
of
Port
Lions
AK
7.500
10/01/52
3,286,882‌
1,385,000
City
of
San
Juan
Capistrano
CA
4.190
08/01/40
1,314,238‌
5,255,000
City
of
Seattle
WA
Local
Improvement
District
No
6751
2.999
11/01/43
4,554,407‌
5,240,000
City
of
Seattle
WA
Local
Improvement
District
No
6751
3.079
11/01/43
4,507,504‌
1,250,000
Connecticut
Green
Bank
2.900
11/15/35
1,097,402‌
1,000,000
(d)
County
of
Gallatin
MT
11.500
09/01/27
1,042,399‌
3,500,000
(d)
County
of
Gallatin
MT
11.500
09/01/27
3,648,398‌
3,500,000
District
of
Columbia
3.432
04/01/42
2,906,530‌
5,480,000
Fairfax
County
Economic
Development
Authority
5.589
10/01/24
5,480,000‌
4,650,000
(d)
Florida
Development
Finance
Corp
8.250
07/01/57
4,789,127‌
17,359,967
Freddie
Mac
Multifamily
Variable
Rate
Certificate
4.050
08/25/38
16,917,824‌
450,000
Klickitat
County
Public
Utilities
3.688
12/01/38
402,463‌
1,000,000
Lavaca-Navidad
River
Authority
4.430
08/01/35
1,000,020‌
1,300,000
Maine
State
Housing
Authority
2.481
11/15/31
1,143,239‌
2,490,000
Maryland
Community
Development
Administration
Housing
Revenue
3.797
03/01/39
2,217,534‌
1,500,000
Maryland
Economic
Development
Corp
5.433
05/31/56
1,562,139‌
4,000,000
Maryland
Economic
Development
Corp
5.942
05/31/57
4,166,728‌
3,000,000
Massachusetts
Clean
Energy
Cooperative
Corp
2.020
07/01/28
2,803,894‌
525,000
Metropolitan
Transportation
Authority
5.175
11/15/49
488,791‌
16,465,000
Metropolitan
Water
Reclamation
District
of
Greater
Chicago
5.720
12/01/38
17,653,231‌
4,225,000
Minnesota
Housing
Finance
Agency
5.897
08/01/49
4,307,522‌
6,585,000
Minnesota
Housing
Finance
Agency
5.947
08/01/54
6,708,609‌
170,000
Mount
Shasta
Public
Financing
Authority
4.000
08/01/29
182,767‌
190,000
Mount
Shasta
Public
Financing
Authority
3.000
08/01/32
189,431‌
9,875,000
(c),(d)
New
Hampshire
Business
Finance
Authority
5.050
02/01/29
9,875,000‌
8,300,000
(c),(d)
New
Hampshire
Business
Finance
Authority
4.850
07/01/33
8,300,000‌
700,000
New
Jersey
Economic
Development
Authority
5.198
03/01/31
731,836‌
2,500,000
New
York
City
Housing
Development
Corp
3.720
11/01/39
2,147,350‌
5,500,000
New
York
City
Housing
Development
Corp
5.448
08/01/54
5,533,287‌
1,335,000
New
York
State
Energy
Research
&
Development
Authority
2.465
10/01/26
1,286,141‌
1,180,000
New
York
State
Energy
Research
&
Development
Authority
2.665
10/01/27
1,124,445‌
1,015,000
New
York
State
Energy
Research
&
Development
Authority
2.879
10/01/28
957,984‌
7,500,000
New
York
Transportation
Development
Corp
5.000
01/01/26
7,625,806‌
6,920,000
(a),(b),(d)
Pennsylvania
Economic
Development
Financing
Authority
10.000
12/01/29
692‌
275,000
Pharr
Economic
Development
Corp
3.216
08/15/27
269,740‌
1,110,000
Pharr
Economic
Development
Corp
3.401
08/15/29
1,081,887‌
405,000
(a),(b)
Public
Finance
Authority
15.000
03/31/24
41‌
1,735,000
(d)
Public
Finance
Authority
7.500
06/01/29
1,714,765‌
1,000,000
Rhode
Island
Housing
&
Mortgage
Finance
Corp
3.300
10/01/39
829,137‌
1,450,000
Rhode
Island
Housing
&
Mortgage
Finance
Corp
3.400
10/01/44
1,136,626‌
6,950,000
Rhode
Island
Housing
&
Mortgage
Finance
Corp
3.500
10/01/51
5,200,730‌
995,000
Sales
Tax
Securitization
Corp
5.293
01/01/41
1,014,051‌
2,550,000
San
Diego
Unified
School
District
3.915
07/01/28
2,561,046‌
10,060,000
San
Francisco
City
&
County
Public
Utilities
Commission
Wastewater
Revenue
4.655
10/01/27
10,261,049‌
1,000,000
San
Francisco
City
&
County
Redevelopment
Agency
3.533
08/01/25
992,776‌
1,000,000
San
Francisco
City
&
County
Redevelopment
Agency
4.375
08/01/44
899,986‌
3,000,000
Semitropic
Improvement
District
2.499
12/01/25
2,943,493‌
1,775,000
South
Dakota
Housing
Development
Authority
5.460
05/01/53
1,819,745‌
1,000,000
South
Davis
Sewer
District
4.125
12/01/32
975,064‌
1,100,000
South
Davis
Sewer
District
4.500
12/01/37
1,033,754‌
1,646,933
State
of
Hawaii
Department
of
Business
Economic
Development
&
Tourism
3.242
01/01/31
1,614,418‌
2,400,000
(d)
Syracuse
Industrial
Development
Agency
5.000
01/01/36
1,857,109‌
7,500,000
Texas
Water
Development
Board
4.190
10/15/43
7,023,086‌
3,000,000
Texas
Water
Development
Board
4.648
04/15/50
2,907,966‌
6,500,000
Tuolumne
Wind
Project
Authority
6.918
01/01/34
7,264,827‌
2,000,000
University
of
New
Mexico
3.532
06/20/32
1,958,685‌
1,000,000
(d)
Warm
Springs
Reservation
Confederated
Tribe
3.300
11/01/27
978,231‌
1,250,000
(d)
Warm
Springs
Reservation
Confederated
Tribe
3.550
11/01/32
1,177,633‌
221
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MUNICIPAL
BONDS
(continued)
$
530,000
Washington
County
Clean
Water
Services
5.078
%
10/01/24
$
530,000‌
360,000
Washington
County
Clean
Water
Services
5.701
10/01/30
375,576‌
TOTAL
MUNICIPAL
BONDS
276,052,099‌
U.S.
TREASURY
SECURITIES
-
17.4%
2,500,000
United
States
Treasury
Bond
3.125
05/15/48
2,076,367‌
2,500,000
United
States
Treasury
Bond
3.000
02/15/49
2,023,926‌
29,284,000
United
States
Treasury
Note
5.000
09/30/25
29,572,493‌
157,772,000
United
States
Treasury
Note
3.500
09/30/26
157,334,429‌
9,947,000
United
States
Treasury
Note
3.375
09/15/27
9,896,488‌
9,000,000
United
States
Treasury
Note
1.375
10/31/28
8,250,820‌
157,045,000
United
States
Treasury
Note
3.500
09/30/29
156,578,773‌
59,376,000
United
States
Treasury
Note
3.625
09/30/31
59,264,670‌
226,809,000
United
States
Treasury
Note
3.875
08/15/34
228,403,751‌
14,543,000
United
States
Treasury
Note
1.875
02/15/41
10,664,109‌
9,700,000
United
States
Treasury
Note
2.250
05/15/41
7,517,879‌
114,908,400
United
States
Treasury
Note
2.375
02/15/42
89,493,893‌
167,097,000
(f)
United
States
Treasury
Note
4.125
08/15/44
165,791,555‌
31,783,000
United
States
Treasury
Note
2.250
02/15/52
21,673,274‌
205,797,000
United
States
Treasury
Note
4.625
05/15/54
223,225,433‌
10,386,000
United
States
Treasury
Note
4.375
08/15/54
10,605,080‌
TOTAL
U.S.
TREASURY
SECURITIES
1,182,372,940‌
TOTAL
GOVERNMENT
BONDS
(Cost
$4,076,162,870)
4,030,911,326‌
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
STRUCTURED
ASSETS
-
12.1%
ASSET
BACKED
-
4.0%
2,078,400
(d)
Air
Canada
Pass
Through
Trust
3.550
01/15/30
1,941,798‌
Series
-
2017
1
(Class
A)
450,000
(d)
AMSR
Trust
3.148
01/19/39
436,811‌
Series
-
2019
SFR1
(Class
C)
1,250,000
(c),(d)
BFLD
Trust,
(TSFR1M
+
2.214%)
7.311
10/15/35
167,537‌
Series
-
2020
EYP
(Class
C)
42,976
(c)
C-BASS
Trust,
(TSFR1M
+
0.274%)
3.295
07/25/36
41,880‌
Series
-
2006
CB6
(Class
A1)
1,447,025
(c),(d)
CBRE
Realty
Finance,
(LIBOR
3
M
+
0.300%)
5.863
04/07/52
3,618‌
Series
-
2007
1A
(Class
A2)
2,686,935
Delta
Air
Lines
Pass
Through
Trust
3.625
07/30/27
2,602,831‌
Series
-
2015
1
(Class
AA)
5,858,347
Delta
Air
Lines
Pass
Through
Trust
2.000
06/10/28
5,478,211‌
Series
-
2020
1
(Class
AA)
13,691,458
Delta
Air
Lines
Pass
Through
Trust
2.500
06/10/28
12,899,119‌
Series
-
2020
1
(Class
A)
834,750
(d)
Domino's
Pizza
Master
Issuer
LLC
4.474
10/25/45
830,591‌
Series
-
2015
1A
(Class
A2II)
758,000
(d)
Domino's
Pizza
Master
Issuer
LLC
4.116
07/25/48
751,855‌
Series
-
2018
1A
(Class
A2I)
70,683
(c),(d)
Ellington
Loan
Acquisition
Trust,
(TSFR1M
+
1.214%)
6.069
05/25/37
70,309‌
Series
-
2007
2
(Class
A2C)
5,750,000
(d)
Frontier
Issuer
LLC
8.300
08/20/53
6,013,759‌
Series
-
2023
1
(Class
B)
7,540,000
(d)
Frontier
Issuer
LLC
6.190
06/20/54
7,853,509‌
Series
-
2024
1
(Class
A2)
1,500,000
(d)
Frontier
Issuer
LLC
11.160
06/20/54
1,719,753‌
Series
-
2024
1
(Class
C)
2,946,298
(d)
GoodLeap
Sustainable
Home
Solutions
Trust
2.100
05/20/48
2,383,673‌
Series
-
2021
3CS
(Class
A)
3,145,033
(d)
GoodLeap
Sustainable
Home
Solutions
Trust
1.930
07/20/48
2,529,504‌
Series
-
2021
4GS
(Class
A)
11,487,204
(d)
GoodLeap
Sustainable
Home
Solutions
Trust
2.310
10/20/48
9,494,366‌
Series
-
2021
5CS
(Class
A)
Core
Impact
Bond
222
See
Notes
to
Financial
Statements
Consolidated
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
ASSET
BACKED
(continued)
$
4,542,846
(d)
GoodLeap
Sustainable
Home
Solutions
Trust
2.560
%
10/20/48
$
3,577,092‌
Series
-
2021
5CS
(Class
B)
4,000,235
(d)
GoodLeap
Sustainable
Home
Solutions
Trust
2.700
01/20/49
3,435,081‌
Series
-
2022
1GS
(Class
A)
3,011,667
(d)
GoodLeap
Sustainable
Home
Solutions
Trust
2.940
01/20/49
2,355,911‌
Series
-
2022
1GS
(Class
B)
13,262,151
(d)
GoodLeap
Sustainable
Home
Solutions
Trust
4.950
07/20/49
12,703,177‌
Series
-
2022
3CS
(Class
A)
3,250,000
(d)
Grace
Trust
2.347
12/10/40
2,818,639‌
Series
-
2020
GRCE
(Class
A)
7,789,000
(d)
GSCG
Trust
2.936
09/06/34
5,891,818‌
Series
-
2019
600C
(Class
A)
447,761
(d)
HERO
Funding
Trust
3.840
09/21/40
419,523‌
Series
-
2015
1A
(Class
A)
101,893
(d)
HERO
Funding
Trust
3.990
09/21/40
96,871‌
Series
-
2014
2A
(Class
A)
545,004
(d)
HERO
Funding
Trust
3.750
09/20/41
508,489‌
Series
-
2016
2A
(Class
A)
431,691
(d)
HERO
Funding
Trust
4.050
09/20/41
407,731‌
Series
-
2016
1A
(Class
A)
1,110,133
(d)
HERO
Funding
Trust
3.080
09/20/42
1,007,261‌
Series
-
2016
3A
(Class
A1)
1,001,573
(d)
HERO
Funding
Trust
3.910
09/20/42
931,319‌
Series
-
2016
3A
(Class
A2)
1,026,212
(d)
HERO
Funding
Trust
3.570
09/20/47
942,333‌
Series
-
2016
4A
(Class
A1)
1,071,639
(d)
HERO
Funding
Trust
3.710
09/20/47
978,873‌
Series
-
2017
1A
(Class
A1)
152,031
(d)
HERO
Funding
Trust
4.290
09/20/47
142,607‌
Series
-
2016
4A
(Class
A2)
1,762,467
(d)
HERO
Funding
Trust
3.190
09/20/48
1,571,209‌
Series
-
2017
3A
(Class
A1)
1,649,250
(d)
HERO
Funding
Trust
3.950
09/20/48
1,508,151‌
Series
-
2017
3A
(Class
A2)
676,644
(d)
HERO
Funding
Trust
4.070
09/20/48
623,125‌
Series
-
2017
2A
(Class
A2)
2,400,554
(d)
HERO
Funding
Trust
4.670
09/20/48
2,270,368‌
Series
-
2018
1A
(Class
A2)
1,874,076
(d)
HERO
Funding
Trust
2.590
09/20/57
1,594,409‌
Series
-
2020
1A
(Class
A)
7,375,000
(d)
Hertz
Vehicle
Financing
III
LLC
5.570
09/25/29
7,547,898‌
Series
-
2023
2A
(Class
A)
16,637
(c)
Home
Equity
Asset
Trust,
(TSFR1M
+
1.614%)
3.986
06/25/33
16,213‌
Series
-
2003
1
(Class
M1)
499,977
(c),(d)
Invitation
Homes
Trust,
(TSFR1M
+
1.364%)
6.461
01/17/38
499,352‌
Series
-
2018
SFR4
(Class
B)
3,232,823
(d)
Loanpal
Solar
Loan
Ltd
2.750
07/20/47
2,710,678‌
Series
-
2020
2GF
(Class
A)
1,654,025
(d)
Loanpal
Solar
Loan
Ltd
2.290
01/20/48
1,360,350‌
Series
-
2021
1GS
(Class
A)
2,241,154
(d)
Loanpal
Solar
Loan
Ltd
2.840
01/20/48
1,785,914‌
Series
-
2021
1GS
(Class
B)
5,025,051
(d)
Loanpal
Solar
Loan
Ltd
2.220
03/20/48
3,999,067‌
Series
-
2021
2GS
(Class
A)
2,750,000
(a),(d)
Mosaic
Solar
Loan
Trust
0.000
04/20/46
1,411,300‌
Series
-
2020
1A
(Class
R)
1,192,686
(d)
Mosaic
Solar
Loan
Trust
2.100
04/20/46
1,061,966‌
Series
-
2020
1A
(Class
A)
1,515,298
(d)
Mosaic
Solar
Loan
Trust
3.100
04/20/46
1,334,277‌
Series
-
2020
1A
(Class
B)
1,305,000
(d)
Mosaic
Solar
Loan
Trust
10.000
09/20/49
1,160,261‌
Series
-
2024
1A
(Class
D)
223
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
ASSET
BACKED
(continued)
$
4,545,169
(d)
Mosaic
Solar
Loan
Trust
1.920
%
06/20/52
$
3,380,067‌
Series
-
2021
3A
(Class
B)
3,690,000
(d)
Mosaic
Solar
Loan
Trust
6.100
06/20/53
3,770,968‌
Series
-
2022
3A
(Class
A)
1,541,888
(d)
Mosaic
Solar
Loans
LLC
3.820
06/22/43
1,463,003‌
Series
-
2017
2A
(Class
A)
2,897,712
(d)
Mosaic
Solar
Loans
LLC
1.640
04/22/47
2,443,277‌
Series
-
2021
2A
(Class
A)
290,000
(c),(d)
MSCG
Trust
3.577
06/07/35
262,981‌
Series
-
2015
ALDR
(Class
D)
700,000
(d)
Progress
Residential
Trust
2.711
11/17/40
642,605‌
Series
-
2021
SFR9
(Class
D)
2,835,826
PSNH
Funding
LLC
3.506
08/01/28
2,806,897‌
Series
-
2018
1
(Class
A2)
601,786
(d)
Renew
3.670
09/20/52
550,532‌
Series
-
2017
1A
(Class
A)
1,578,887
(d)
Renew
3.950
09/20/53
1,471,430‌
Series
-
2018
1
(Class
A)
3,378,846
(d)
Renew
2.060
11/20/56
2,823,973‌
Series
-
2021
1
(Class
A)
8,393,559
SCE
Recovery
Funding
LLC
0.861
11/15/31
7,472,608‌
Series
-
2021
A-1
(Class
A)
30,042
(d)
SolarCity
LMC
4.800
11/20/38
29,813‌
Series
-
2013
1
(Class
A)
164,233
(c)
Structured
Asset
Investment
Loan
Trust,
(TSFR1M
+
1.014%)
5.869
09/25/34
156,802‌
Series
-
2004
8
(Class
M1)
6,124,266
(d)
Sunnova
Helios
VII
Issuer
LLC
2.030
10/20/48
5,085,842‌
Series
-
2021
C
(Class
A)
3,466,672
(d)
Sunnova
Helios
VIII
Issuer
LLC
2.790
02/22/49
3,085,139‌
Series
-
2022
A
(Class
A)
2,431,961
(d)
Sunnova
Helios
XI
Issuer
LLC
5.300
05/20/50
2,394,704‌
Series
-
2023
A
(Class
A)
2,298,393
(d)
Sunnova
Helios
XII
Issuer
LLC
5.600
08/22/50
2,206,007‌
Series
-
2023
B
(Class
B)
4,013,764
(d)
Sunnova
Hestia
I
Issuer
LLC
5.750
12/20/50
4,138,391‌
Series
-
2023
GRID1
(Class
1A)
4,886,617
(d)
Sunrun
Athena
Issuer
LLC
5.310
04/30/49
4,729,908‌
Series
-
2018
1
(Class
A)
6,173,217
(d)
Sunrun
Atlas
Issuer
LLC
3.610
02/01/55
5,776,916‌
Series
-
2019
2
(Class
A)
11,456,510
(d)
Sunrun
Callisto
Issuer
LLC
3.980
06/30/54
10,875,107‌
Series
-
2019
1A
(Class
A)
5,208,568
(d)
Sunrun
Callisto
Issuer
LLC
2.270
01/30/57
4,513,154‌
Series
-
2021
2A
(Class
A)
4,999,997
(d)
Sunrun
Julius
Issuer
LLC
6.600
01/30/59
5,094,971‌
Series
-
2023
2A
(Class
A1)
6,631,464
(d)
Sunrun
Jupiter
Issuer
LLC
4.750
07/30/57
6,391,596‌
Series
-
2022
1A
(Class
A)
8,371,252
(d)
Sunrun
Vulcan
Issuer
LLC
2.460
01/30/52
6,926,123‌
Series
-
2021
1A
(Class
A)
5,368,156
(d)
Tesla
Auto
Lease
Trust
5.860
08/20/25
5,373,380‌
Series
-
2023
A
(Class
A2)
4,625,000
(d)
Tesla
Auto
Lease
Trust
5.890
06/22/26
4,650,669‌
Series
-
2023
A
(Class
A3)
9,422,000
(d)
Tesla
Auto
Lease
Trust
6.130
09/21/26
9,513,290‌
Series
-
2023
B
(Class
A3)
2,385,000
(d)
Tesla
Auto
Lease
Trust
6.220
03/22/27
2,428,757‌
Series
-
2023
B
(Class
A4)
5,390,000
(d)
Tesla
Auto
Lease
Trust
5.300
06/21/27
5,446,167‌
Series
-
2024
A
(Class
A3)
6,462,172
(d)
Tesla
Electric
Vehicle
Trust
5.540
12/21/26
6,482,750‌
Series
-
2023
1
(Class
A2A)
Core
Impact
Bond
224
See
Notes
to
Financial
Statements
Consolidated
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
ASSET
BACKED
(continued)
$
4,650,000
(d)
Tesla
Electric
Vehicle
Trust
5.380
%
06/20/28
$
4,724,087‌
Series
-
2023
1
(Class
A3)
569,552
Toyota
Auto
Receivables
Owner
Trust
0.260
11/17/25
567,452‌
Series
-
2021
B
(Class
A3)
9,900,000
Toyota
Auto
Receivables
Owner
Trust
0.530
10/15/26
9,676,114‌
Series
-
2021
B
(Class
A4)
4,969,683
(d)
Vivint
Colar
Financing
V
LLC
4.730
04/30/48
4,737,985‌
Series
-
2018
1A
(Class
A)
6,527,089
(d)
Vivint
Colar
Financing
V
LLC
7.370
04/30/48
6,198,527‌
Series
-
2018
1A
(Class
B)
4,111,341
(d)
Vivint
Solar
Financing
VII
LLC
2.210
07/31/51
3,652,556‌
Series
-
2020
1A
(Class
A)
TOTAL
ASSET
BACKED
273,834,935‌
OTHER
MORTGAGE
BACKED
-
8.1%
10,277
(c),(d)
Agate
Bay
Mortgage
Trust
3.500
09/25/45
9,592‌
Series
-
2015
6
(Class
A9)
4,075,000
(c),(d)
Alen
Mortgage
Trust,
(TSFR1M
+
2.364%)
7.461
04/15/34
2,923,303‌
Series
-
2021
ACEN
(Class
C)
900,000
(c),(d)
BAMLL
Commercial
Mortgage
Securities
Trust
3.716
04/14/33
875,337‌
Series
-
2015
200P
(Class
D)
252,758
Banc
of
America
Commercial
Mortgage
Trust
3.019
07/15/49
249,723‌
Series
-
2016
UB10
(Class
ASB)
4,000,000
(d)
BANK
2.500
10/17/52
2,755,540‌
Series
-
2019
BN21
(Class
D)
6,500,000
(c)
BANK
3.517
10/17/52
5,393,685‌
Series
-
2019
BN21
(Class
C)
2,500,000
(c)
BANK
3.016
12/15/53
1,637,202‌
Series
-
2020
BN30
(Class
MCDE)
8,000,000
(c)
BANK
3.576
11/15/62
6,930,800‌
Series
-
2019
BN22
(Class
C)
1,250,000
(d)
BBCMS
Mortgage
Trust
4.798
08/10/35
1,132,684‌
Series
-
2015
SRCH
(Class
C)
2,800,000
(d)
BBCMS
Trust
4.197
08/10/35
2,674,433‌
Series
-
2015
SRCH
(Class
A2)
1,316,000
(c),(d)
BBCMS
Trust
5.122
08/10/35
1,146,084‌
Series
-
2015
SRCH
(Class
D)
3,000,000
(c),(d)
BBCMS
Trust
3.811
02/15/53
2,421,437‌
Series
-
2020
C6
(Class
F5TA)
5,500,000
(c),(d)
Benchmark
Mortgage
Trust
4.029
03/15/62
3,857,994‌
Series
-
2019
B10
(Class
3CCA)
5,200,000
(d)
BMO
360A
3.776
02/17/55
4,532,982‌
Series
-
2022
C1
(Class
360A)
3,500,000
(c),(d)
BMO
360C
4.070
02/17/55
2,675,205‌
Series
-
2022
C1
(Class
360C)
6,965,000
(c),(d)
BX
Commercial
Mortgage
Trust,
(TSFR1M
+
1.312%)
6.409
10/15/38
6,884,391‌
Series
-
2021
XL2
(Class
C)
12,000,000
(c),(d)
BX
Commercial
Mortgage
Trust,
(TSFR1M
+
1.840%)
6.937
01/17/39
11,780,665‌
Series
-
2022
AHP
(Class
B)
4,250,000
(c),(d)
BX
TRUST,
(TSFR1M
+
1.490%)
6.587
01/17/39
4,191,112‌
Series
-
2022
AHP
(Class
AS)
2,901,500
(c),(d)
CCRC
Affordable
Multifamily
Housing
Mortgage
Trust
5.636
06/25/34
2,668,140‌
Series
-
2017
Q005
(Class
B)
2,000,000
(c)
CD
Mortgage
Trust
3.879
11/10/49
1,720,642‌
Series
-
2016
CD2
(Class
B)
1,000,000
(c),(d)
Century
Plaza
Towers
3.097
11/13/39
875,377‌
Series
-
2019
CPT
(Class
B)
5,000,000
(c)
Citigroup
Commercial
Mortgage
Trust
3.758
04/10/48
4,833,688‌
Series
-
2015
GC29
(Class
B)
4,000,000
Citigroup
Commercial
Mortgage
Trust
3.300
11/10/52
3,512,388‌
Series
-
2019
GC43
(Class
AS)
5,000,000
Citigroup
Commercial
Mortgage
Trust
3.018
08/10/56
4,433,572‌
Series
-
2019
GC41
(Class
AS)
225
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
OTHER
MORTGAGE
BACKED
(continued)
$
3,315,000
(d)
COMM
Mortgage
Trust
4.353
%
08/10/30
$
3,229,600‌
Series
-
2013
300P
(Class
A1)
4,375,000
(d)
COMM
Mortgage
Trust
3.376
01/10/39
3,949,312‌
Series
-
2022
HC
(Class
C)
1,514
COMM
Mortgage
Trust
3.040
02/10/48
1,512‌
Series
-
2015
LC19
(Class
ASB)
3,500,000
(c),(d)
COMM
Mortgage
Trust
4.199
03/10/48
2,628,945‌
Series
-
2015
CR22
(Class
D)
2,000,000
(c)
COMM
Mortgage
Trust
4.408
05/10/48
1,577,824‌
Series
-
2015
CR23
(Class
D)
360,000
(c)
COMM
Mortgage
Trust
3.463
08/10/48
316,220‌
Series
-
2015
CR24
(Class
D)
1,000,000
COMM
Mortgage
Trust
3.263
08/15/57
915,385‌
Series
-
2019
GC44
(Class
AM)
4,000,000
(c),(d)
Commercial
Mortgage
Pass
Through
Certificates
4.084
01/10/39
3,543,194‌
Series
-
2022
HC
(Class
D)
21,084,884
(c),(d)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
+
3.500%)
8.780
03/25/42
22,185,237‌
Series
-
2022
R03
(Class
1M2)
4,435,000
(c),(d)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
+
3.000%)
8.280
04/25/42
4,583,004‌
Series
-
2022
R05
(Class
2M2)
13,780,000
(c),(d)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
+
3.850%)
9.130
05/25/42
14,656,532‌
Series
-
2022
R06
(Class
1M2)
4,586,000
(c),(d)
Connecticut
Avenue
Securities
Trust,
(SOFR
+
3.600%)
8.880
07/25/42
4,849,774‌
Series
-
2022
R08
(Class
1M2)
7,535,000
(c),(d)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
+
4.750%)
10.013
09/25/42
8,232,504‌
Series
-
2022
R09
(Class
2M2)
430,000
(c),(d)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
+
6.750%)
12.013
09/25/42
478,730‌
Series
-
2022
R09
(Class
2B1)
20,485,000
(c),(d)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
+
3.750%)
9.013
12/25/42
21,988,740‌
Series
-
2023
R01
(Class
1M2)
14,427,500
(d)
CPT
Mortgage
Trust
2.865
11/13/39
12,919,366‌
Series
-
2019
CPT
(Class
A)
2,500,000
(c),(d)
CPT
Mortgage
Trust
3.097
11/13/39
2,083,682‌
Series
-
2019
CPT
(Class
C)
1,750,000
(c),(d)
CPT
Mortgage
Trust
3.097
11/13/39
1,321,054‌
Series
-
2019
CPT
(Class
E)
5,000,000
(c),(d)
Credit
Suisse
Commercial
Mortgage
Trust
3.854
11/10/32
3,375,005‌
Series
-
2017
CALI
(Class
B)
1,600,000
(c),(d)
Credit
Suisse
Mortgage
Capital
Certificates
3.388
10/25/59
1,529,055‌
Series
-
2019
NQM1
(Class
M1)
2,589,911
(c),(d)
Credit
Suisse
Mortgage
Capital
Certificates
2.405
10/25/66
2,286,972‌
Series
-
2021
NQM8
(Class
A3)
3,600,000
(c),(d)
CSAIL
Commercial
Mortgage
Trust
3.800
06/15/37
3,123,998‌
Series
-
2017
C8
(Class
85BB)
3,440,000
(c),(d)
DBUBS
Mortgage
Trust
3.648
10/10/34
3,385,597‌
Series
-
2017
BRBK
(Class
D)
102,725,000
(c),(d)
DOLP
Trust
0.665
05/10/41
3,438,992‌
Series
-
2021
NYC
(Class
X)
12,485,467
(c),(d)
ELP
Commercial
Mortgage
Trust,
(TSFR1M
+
1.434%)
6.531
11/15/38
12,440,787‌
Series
-
2021
ELP
(Class
C)
3,995,350
(c),(d)
ELP
Commercial
Mortgage
Trust,
(TSFR1M
+
2.233%)
7.330
11/15/38
3,977,975‌
Series
-
2021
ELP
(Class
E)
241,674
(c),(d)
Flagstar
Mortgage
Trust
3.984
10/25/47
219,849‌
Series
-
2017
2
(Class
B3)
2,094,983
(c),(d)
Flagstar
Mortgage
Trust
4.004
04/25/48
1,899,011‌
Series
-
2018
2
(Class
B4)
7,913
(c),(d)
Flagstar
Mortgage
Trust
4.000
09/25/48
7,594‌
Series
-
2018
5
(Class
A11)
821,876
(c),(d)
Flagstar
Mortgage
Trust
3.999
12/25/49
734,793‌
Series
-
2019
2
(Class
B4)
1,153,301
(c),(d)
Flagstar
Mortgage
Trust
2.500
04/25/51
961,305‌
Series
-
2021
2
(Class
A4)
Core
Impact
Bond
226
See
Notes
to
Financial
Statements
Consolidated
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
OTHER
MORTGAGE
BACKED
(continued)
$
3,585,400
(c),(d)
Flagstar
Mortgage
Trust
2.500
%
06/01/51
$
2,986,371‌
Series
-
2021
4
(Class
A21)
2,914,176
(c),(d)
Flagstar
Mortgage
Trust
3.345
07/25/51
2,346,936‌
Series
-
2021
5INV
(Class
B4)
1,907,284
(c),(d)
Flagstar
Mortgage
Trust
2.969
11/25/51
1,549,423‌
Series
-
2021
12
(Class
B3)
7,700,000
Freddie
Mac
Multiclass
Certificates
Series
1.878
01/25/31
6,771,824‌
Series
-
2021
P009
(Class
A2)
1,640,465
Freddie
Mac
Multiclass
Certificates
Series
1.204
09/25/31
1,495,024‌
Series
-
2021
P011
(Class
A1)
7,324,000
(c)
Freddie
Mac
Multiclass
Certificates
Series
2.852
02/25/32
6,512,017‌
Series
-
2022
P013
(Class
A2)
13,750,000
(c)
Freddie
Mac
Multiclass
Certificates
Series
4.759
09/25/33
13,867,802‌
Series
-
2024
P016
(Class
A2)
8,076,732
Freddie
Mac
Multifamily
ML
Certificates
1.877
07/25/37
6,693,696‌
Series
-
2021
21-ML08
(Class
ML08)
38,676,669
(c),(d)
Freddie
Mac
Multifamily
ML
Certificates
1.781
11/25/37
4,507,379‌
Series
-
2021
ML08
(Class
XCA)
8,933,120
Freddie
Mac
Multifamily
ML
Certificates
2.340
07/25/41
7,605,661‌
Series
-
2021
ML12
(Class
AUS)
3,399,294
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
3.871
07/25/33
3,295,343‌
Series
-
2015
Q002
(Class
A2)
3,699,756
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
1.555
01/25/36
3,092,240‌
Series
-
2020
Q014
(Class
A1)
9,702,410
Freddie
Mac
Multifamily
Variable
Rate
Certificate
3.150
10/15/36
8,896,790‌
Series
-
2022
M068
(Class
A)
1,705,000
Freddie
Mac
Multifamily
Variable
Rate
Certificate
4.013
04/15/37
1,743,587‌
Series
-
2022
M069
(Class
A)
5,900,000
Freddie
Mac
Multifamily
Variable
Rate
Certificate
1.761
09/15/38
4,847,878‌
Series
-
2020
M061
(Class
A)
11,875,000
(d)
Frontier
Issuer
LLC
6.600
08/20/53
12,204,284‌
Series
-
2023
1
(Class
A2)
1,325,000
(c),(d)
GCT
Commercial
Mortgage
Trust,
(TSFR1M
+
0.914%)
6.011
02/15/38
1,193,503‌
Series
-
2021
GCT
(Class
A)
93,000
(c)
GS
Mortgage
Securities
Trust
4.075
11/10/49
80,242‌
Series
-
2016
GS4
(Class
C)
20,959
(c),(d)
GS
Mortgage-Backed
Securities
Corp
Trust
4.000
11/25/49
20,111‌
Series
-
2019
PJ2
(Class
A1)
54,837
(c),(d)
GS
Mortgage-Backed
Securities
Corp
Trust
4.000
11/25/49
52,619‌
Series
-
2019
PJ2
(Class
A4)
382,839
(c),(d)
GS
Mortgage-Backed
Securities
Corp
Trust
3.000
01/25/51
334,574‌
Series
-
2020
PJ4
(Class
A4)
17,835,478
(c),(d)
GS
Mortgage-Backed
Securities
Corp
Trust
0.255
03/27/51
212,006‌
Series
-
2020
PJ5
(Class
AX1)
601,641
(c),(d)
GS
Mortgage-Backed
Securities
Corp
Trust
3.000
03/27/51
525,965‌
Series
-
2020
PJ5
(Class
A4)
1,476,047
(c),(d)
GS
Mortgage-Backed
Securities
Corp
Trust
2.500
05/25/51
1,231,560‌
Series
-
2020
PJ6
(Class
A4)
4,465,015
(c),(d)
GS
Mortgage-Backed
Securities
Corp
Trust
2.500
10/25/51
3,721,699‌
Series
-
2021
PJ5
(Class
A4)
4,448,430
(c),(d)
GS
Mortgage-Backed
Securities
Corp
Trust
3.000
06/25/52
3,851,275‌
Series
-
2022
PJ2
(Class
A36)
1,896,418
(c),(d)
GS
Mortgage-Backed
Securities
Corp
Trust
3.000
09/25/52
1,644,211‌
Series
-
2022
PJ4
(Class
A36)
460,978
(c),(d)
GS
Mortgage-Backed
Securities
Trust
3.625
05/25/50
405,197‌
Series
-
2020
PJ1
(Class
B2)
8,590,323
(c),(d)
GS
Mortgage-Backed
Securities
Trust
2.500
01/25/52
7,155,098‌
Series
-
2021
PJ7
(Class
A4)
3,959,614
(c),(d)
GS
Mortgage-Backed
Securities
Trust
2.500
01/25/52
3,299,249‌
Series
-
2021
PJ8
(Class
A4)
1,910,323
(c),(d)
GS
Mortgage-Backed
Securities
Trust
2.721
01/25/52
1,541,132‌
Series
-
2021
PJ7
(Class
B2)
227
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
OTHER
MORTGAGE
BACKED
(continued)
$
4,180,020
(c),(d)
GS
Mortgage-Backed
Securities
Trust
3.000
%
10/25/52
$
3,618,896‌
Series
-
2022
PJ5
(Class
A36)
2,677,463
(c),(d)
GS
Mortgage-Backed
Securities
Trust
3.000
01/25/53
2,318,041‌
Series
-
2022
PJ6
(Class
A24)
4,511,548
(c),(d)
GS
Mortgage-Backed
Securities
Trust
3.500
02/25/53
4,047,374‌
Series
-
2023
PJ1
(Class
A24)
2,000,000
(d)
Hudson
Yards
Mortgage
Trust
2.835
08/10/38
1,922,461‌
Series
-
2016
10HY
(Class
A)
2,500,000
(c),(d)
Hudson
Yards
Mortgage
Trust
3.076
08/10/38
2,395,310‌
Series
-
2016
10HY
(Class
B)
5,750,000
(c),(d)
Hudson
Yards
Mortgage
Trust
3.076
08/10/38
5,471,442‌
Series
-
2016
10HY
(Class
C)
2,500,000
(c),(d)
Hudson
Yards
Mortgage
Trust
3.076
08/10/38
2,311,022‌
Series
-
2016
10HY
(Class
E)
11,650,000
(c),(d)
Hudson
Yards
Mortgage
Trust
3.558
07/10/39
10,077,760‌
Series
-
2019
30HY
(Class
D)
5,545,000
(c),(d)
Hudson
Yards
Mortgage
Trust
3.041
12/10/41
5,045,944‌
Series
-
2019
55HY
(Class
A)
1,500,000
(c),(d)
Hudson
Yards
Mortgage
Trust
3.041
12/10/41
1,277,927‌
Series
-
2019
55HY
(Class
D)
5,000,000
(c),(d)
Hudson
Yards
Mortgage
Trust
3.041
12/10/41
3,990,626‌
Series
-
2019
55HY
(Class
E)
440,000
(c),(d)
Imperial
Fund
Mortgage
Trust
3.531
10/25/55
404,265‌
Series
-
2020
NQM1
(Class
M1)
3,500,000
(d)
Jackson
Park
Trust
2.766
10/14/39
3,152,146‌
Series
-
2019
LIC
(Class
A)
229,756
(c),(d)
JP
Morgan
Chase
Commercial
Mortgage
Securities
Corp
4.115
01/15/46
213,534‌
Series
-
2013
C13
(Class
D)
5,300,000
(c),(d)
JP
Morgan
Chase
Commercial
Mortgage
Securities
Trust,
(TSFR1M
+
1.734%)
6.831
10/15/33
5,146,750‌
Series
-
2020
609M
(Class
A)
786,373
(c),(d)
JP
Morgan
Mortgage
Trust,
(LIBOR
1
M
-
0.000%)
6.676
12/25/44
761,403‌
Series
-
2015
1
(Class
B1)
10,487
(c),(d)
JP
Morgan
Mortgage
Trust
3.500
05/25/45
9,840‌
Series
-
2015
3
(Class
A19)
183,835
(c),(d)
JP
Morgan
Mortgage
Trust
3.500
10/25/45
170,956‌
Series
-
2015
6
(Class
A13)
757,038
(c),(d)
JP
Morgan
Mortgage
Trust
3.500
09/25/48
689,097‌
Series
-
2018
3
(Class
A13)
1,103,976
(c),(d)
JP
Morgan
Mortgage
Trust
3.500
10/25/48
1,006,918‌
Series
-
2018
5
(Class
A13)
654,830
(c),(d)
JP
Morgan
Mortgage
Trust
5.425
10/26/48
654,987‌
Series
-
2017
5
(Class
A2)
863,062
(c),(d)
JP
Morgan
Mortgage
Trust
3.871
11/25/48
763,549‌
Series
-
2017
4
(Class
B5)
70,066
(c),(d)
JP
Morgan
Mortgage
Trust
4.000
02/25/49
66,678‌
Series
-
2018
9
(Class
A13)
77,833
(c),(d)
JP
Morgan
Mortgage
Trust
4.000
05/25/49
74,275‌
Series
-
2019
1
(Class
A15)
818,672
(c),(d)
JP
Morgan
Mortgage
Trust
3.818
06/25/50
736,461‌
Series
-
2020
1
(Class
B2)
15,365,784
(c),(d)
JP
Morgan
Mortgage
Trust
0.137
07/25/51
115,657‌
Series
-
2021
3
(Class
AX1)
10,783,503
(c),(d)
JP
Morgan
Mortgage
Trust
0.131
08/25/51
76,741‌
Series
-
2021
4
(Class
AX1)
2,190,580
(c),(d)
JP
Morgan
Mortgage
Trust
2.881
08/25/51
1,783,996‌
Series
-
2021
4
(Class
B2)
20,775,434
(c),(d)
JP
Morgan
Mortgage
Trust
0.135
10/25/51
157,561‌
Series
-
2021
6
(Class
AX1)
2,695,761
(c),(d)
JP
Morgan
Mortgage
Trust
2.500
10/25/51
2,246,982‌
Series
-
2021
6
(Class
A15)
963,016
(c),(d)
JP
Morgan
Mortgage
Trust
2.500
12/25/51
802,120‌
Series
-
2021
10
(Class
A15)
Core
Impact
Bond
228
See
Notes
to
Financial
Statements
Consolidated
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
OTHER
MORTGAGE
BACKED
(continued)
$
1,948,319
(c),(d)
JP
Morgan
Mortgage
Trust
3.215
%
01/25/52
$
1,562,743‌
Series
-
2021
INV4
(Class
B4)
903,530
(c),(d)
JP
Morgan
Mortgage
Trust
2.500
02/25/52
751,445‌
Series
-
2021
12
(Class
A15)
2,852,005
(c),(d)
JP
Morgan
Mortgage
Trust
3.139
04/25/52
2,285,170‌
Series
-
2021
13
(Class
B4)
1,516,206
(c),(d)
JP
Morgan
Mortgage
Trust
2.500
05/25/52
1,260,994‌
Series
-
2021
14
(Class
A15)
1,822,171
(c),(d)
JP
Morgan
Mortgage
Trust
2.927
05/25/52
1,549,105‌
Series
-
2021
LTV2
(Class
A3)
638,892
(c),(d)
JP
Morgan
Mortgage
Trust
3.286
05/25/52
519,217‌
Series
-
2021
INV8
(Class
B4)
1,824,330
(c),(d)
JP
Morgan
Mortgage
Trust
3.000
08/25/52
1,579,433‌
Series
-
2022
2
(Class
A25)
5,112,437
(c),(d)
JP
Morgan
Mortgage
Trust
3.500
09/25/52
4,605,580‌
Series
-
2022
LTV2
(Class
A6)
2,660,786
(c),(d)
JP
Morgan
Mortgage
Trust
3.000
12/25/52
2,303,603‌
Series
-
2022
7
(Class
1A17)
1,155,595
(c),(d)
JP
Morgan
Mortgage
Trust
4.000
12/25/52
1,073,796‌
Series
-
2022
7
(Class
2A6A)
15,576,451
(c),(d)
JP
Morgan
Mortgage
Trust
Series
3.000
05/25/54
13,484,701‌
Series
-
2024
3
(Class
A9)
2,400,000
(c)
JPMBB
Commercial
Mortgage
Securities
Trust
4.714
09/15/47
2,324,670‌
Series
-
2014
C23
(Class
C)
476,534
(d)
Ladder
Capital
Commercial
Mortgage
Securities
3.575
02/15/36
454,970‌
Series
-
2013
GCP
(Class
A1)
8,000,000
(d)
Liberty
Street
Trust
3.597
02/10/36
7,585,151‌
Series
-
2016
225L
(Class
A)
2,350,000
(c),(d)
Manhattan
West
2.413
09/10/39
2,106,091‌
Series
-
2020
1MW
(Class
D)
2,250,000
(c),(d)
MFT
Trust
3.392
08/10/40
1,472,744‌
Series
-
2020
B6
(Class
B)
103,265
(c)
Morgan
Stanley
Capital
I
Trust
6.282
12/12/49
36,917‌
Series
-
2007
IQ16
(Class
AJFX)
974,207
(c),(d)
Morgan
Stanley
Residential
Mortgage
Loan
Trust
2.500
07/25/51
873,931‌
Series
-
2021
4
(Class
A4)
5,292,870
(c),(d)
Morgan
Stanley
Residential
Mortgage
Loan
Trust
4.000
02/25/53
4,924,526‌
Series
-
2023
1
(Class
A7)
1,500,000
(c),(d)
MSDB
Trust
3.427
07/11/39
1,383,493‌
Series
-
2017
712F
(Class
A)
3,024,947
(c),(d)
Natixis
Commercial
Mortgage
Securities
Trust
3.917
11/15/32
2,885,072‌
Series
-
2018
285M
(Class
A)
4,250,000
(c),(d)
Natixis
Commercial
Mortgage
Securities
Trust,
(TSFR1M
+
2.279%)
7.376
07/15/36
3,357,824‌
Series
-
2019
MILE
(Class
C)
4,000,000
(c),(d)
Natixis
Commercial
Mortgage
Securities
Trust,
(TSFR1M
+
4.329%)
9.426
07/15/36
2,576,182‌
Series
-
2019
MILE
(Class
F)
28,580
(c)
New
York
Mortgage
Trust,
(TSFR1M
+
0.594%)
5.449
02/25/36
28,285‌
Series
-
2005
3
(Class
A1)
4,302,788
(c),(d)
OBX
Trust
2.500
07/25/51
3,583,901‌
Series
-
2021
J2
(Class
A19)
5,243,882
(c),(d)
OBX
Trust
3.500
08/25/52
4,769,539‌
Series
-
2022
J2
(Class
A1)
1,215,386
(c),(d)
Oceanview
Mortgage
Trust
2.500
05/25/51
1,013,054‌
Series
-
2021
1
(Class
A19)
1,322,824
(c),(d)
Oceanview
Mortgage
Trust
4.500
11/25/52
1,275,040‌
Series
-
2022
1
(Class
A1)
16,035,000
(d)
One
Bryant
Park
Trust
2.516
09/15/54
14,289,611‌
Series
-
2019
OBP
(Class
A)
2,008,731
(d)
One
Market
Plaza
Trust
3.614
02/10/32
1,835,644‌
Series
-
2017
1MKT
(Class
A)
1,000,000
(d)
One
Market
Plaza
Trust
3.845
02/10/32
891,671‌
Series
-
2017
1MKT
(Class
B)
229
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
OTHER
MORTGAGE
BACKED
(continued)
$
1,856,964
(c),(d)
RCKT
Mortgage
Trust
2.500
%
06/25/51
$
1,547,824‌
Series
-
2021
2
(Class
A21)
1,960,020
(c),(d)
RCKT
Mortgage
Trust
2.778
07/25/51
1,536,393‌
Series
-
2021
3
(Class
B4)
4,158,581
(c),(d)
RCKT
Mortgage
Trust
2.500
09/25/51
3,461,193‌
Series
-
2021
4
(Class
A21)
4,853,550
(c),(d)
RCKT
Mortgage
Trust
2.920
11/25/51
3,842,648‌
Series
-
2021
5
(Class
B4)
4,126,004
(c),(d)
RCKT
Mortgage
Trust
3.500
06/25/52
3,711,588‌
Series
-
2022
4
(Class
A22)
160,366
(c),(d)
Sequoia
Mortgage
Trust
3.500
05/25/45
149,229‌
Series
-
2015
2
(Class
A1)
44,161
(c),(d)
Sequoia
Mortgage
Trust
3.500
06/25/46
41,044‌
Series
-
2016
1
(Class
A19)
193,576
(c),(d)
Sequoia
Mortgage
Trust
3.722
09/25/47
182,804‌
Series
-
2017
6
(Class
B1)
11,428
(c),(d)
Sequoia
Mortgage
Trust
3.500
03/25/48
10,529‌
Series
-
2018
3
(Class
A1)
13,816
(c),(d)
Sequoia
Mortgage
Trust
4.000
09/25/48
13,266‌
Series
-
2018
7
(Class
A19)
1,618,329
(c),(d)
Sequoia
Mortgage
Trust
3.000
04/25/50
1,409,803‌
Series
-
2020
3
(Class
A19)
2,768,239
(c),(d)
Sequoia
Mortgage
Trust
5.000
01/25/53
2,703,729‌
Series
-
2023
1
(Class
A19)
12,900,000
(d)
SLG
Office
Trust
2.585
07/15/41
11,222,760‌
Series
-
2021
OVA
(Class
A)
1,125,000
(c),(d)
STWD
Mortgage
Trust,
(TSFR1M
+
1.371%)
6.468
11/15/36
1,114,788‌
Series
-
2021
LIH
(Class
AS)
2,000,000
(c),(d)
STWD
Mortgage
Trust,
(TSFR1M
+
1.770%)
6.867
11/15/36
1,982,212‌
Series
-
2021
LIH
(Class
B)
2,050,000
(c),(d)
STWD
Mortgage
Trust,
(TSFR1M
+
2.069%)
7.166
11/15/36
2,032,038‌
Series
-
2021
LIH
(Class
C)
4,000,000
(d)
SUMIT
Mortgage
Trust
2.789
02/12/41
3,234,808‌
Series
-
2022
BVUE
(Class
A)
1,085,000
(c),(d)
Times
Square
Trust
3.203
05/15/35
943,272‌
Series
-
2018
20TS
(Class
B)
2,785,085
(c),(d)
Verus
Securitization
Trust
2.240
10/25/66
2,411,120‌
Series
-
2021
7
(Class
A3)
3,000,000
(c),(d)
VNDO
Trust
4.033
01/10/35
2,885,897‌
Series
-
2016
350P
(Class
B)
1,095,000
(c),(d)
WB
Commercial
Mortgage
Trust
6.134
03/15/40
1,110,470‌
Series
-
2024
HQ
(Class
A)
7,150,000
(d)
Wells
Fargo
Commercial
Mortgage
Trust
6.011
06/10/37
7,419,697‌
Series
-
2024
SVEN
(Class
A)
1,100,000
Wells
Fargo
Commercial
Mortgage
Trust
3.808
12/15/47
1,092,578‌
Series
-
2014
LC18
(Class
AS)
209,557
Wells
Fargo
Commercial
Mortgage
Trust
2.514
08/15/49
206,502‌
Series
-
2016
BNK1
(Class
ASB)
185,725
Wells
Fargo
Commercial
Mortgage
Trust
3.185
03/15/59
184,025‌
Series
-
2016
C33
(Class
ASB)
80,088
(c),(d)
Wells
Fargo
Mortgage
Backed
Securities
Trust
4.000
04/25/49
77,202‌
Series
-
2019
2
(Class
A17)
625,254
(c),(d)
Wells
Fargo
Mortgage
Backed
Securities
Trust
3.000
07/25/50
548,017‌
Series
-
2020
4
(Class
A17)
5,303,698
(c),(d)
Wells
Fargo
Mortgage
Backed
Securities
Trust
2.500
06/25/51
4,417,585‌
Series
-
2021
2
(Class
A17)
1,350,765
(c),(d)
Wells
Fargo
Mortgage
Backed
Securities
Trust
2.500
12/25/51
1,123,401‌
Series
-
2022
2
(Class
A18)
Core
Impact
Bond
230
See
Notes
to
Financial
Statements
Consolidated
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
OTHER
MORTGAGE
BACKED
(continued)
$
118,754
(c),(d)
WinWater
Mortgage
Loan
Trust
3.927
%
06/20/44
$
101,807‌
Series
-
2014
1
(Class
B4)
TOTAL
OTHER
MORTGAGE
BACKED
551,515,271‌
TOTAL
STRUCTURED
ASSETS
(Cost
$891,754,128)
825,350,206‌
PREFERRED
STOCKS
-
0.5%
FINANCIAL
SERVICES
-
0.1%
126,248
Morgan
Stanley
3,356,934‌
TOTAL
FINANCIAL
SERVICES
3,356,934‌
REAL
ESTATE
MANAGEMENT
&
DEVELOPMENT
-
0.2%
629,610
Brookfield
Property
Partners
LP
9,318,228‌
400,000
Brookfield
Property
Partners
LP
6,520,000‌
TOTAL
REAL
ESTATE
MANAGEMENT
&
DEVELOPMENT
15,838,228‌
UTILITIES
-
0.2%
454,177
Brookfield
Infrastructure
Partners
LP
8,992,705‌
276,951
Brookfield
Renewable
Partners
LP
5,719,038‌
TOTAL
UTILITIES
14,711,743‌
TOTAL
PREFERRED
STOCKS
(Cost
$47,174,650)
33,906,905‌
TOTAL
LONG-TERM
INVESTMENTS
(Cost
$6,907,976,763)
6,718,487,758‌
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
SHORT-TERM
INVESTMENTS
-
1.1%
GOVERNMENT
AGENCY
DEBT
-
0.0%
167,000
Federal
National
Mortgage
Association
(FNMA)
0.000
10/23/24
166,504‌
TOTAL
GOVERNMENT
AGENCY
DEBT
166,504‌
REPURCHASE
AGREEMENT
-
0.9%
61,000,000
(h)
Bank
of
New
York
Mellon
4.860
10/01/24
61,000,000‌
TOTAL
REPURCHASE
AGREEMENT
61,000,000‌
TREASURY
DEBT
-
0.2%
2,500,000
United
States
Treasury
Bill
0.000
10/15/24
2,495,418‌
10,000,000
United
States
Treasury
Bill
0.000
10/29/24
9,963,133‌
5,000,000
United
States
Treasury
Bill
0.000
11/26/24
4,963,610‌
TOTAL
TREASURY
DEBT
17,422,161‌
TOTAL
SHORT-TERM
INVESTMENTS
(Cost
$78,588,702)
78,588,665‌
SHARES
DESCRIPTION
RATE
EXP
VALUE
INVESTMENTS
PURCHASED
WITH
COLLATERAL
FROM
SECURITIES
LENDING
-
1.9%
128,459,490
(i)
State
Street
Navigator
Securities
Lending
Government
Money
Market
Portfolio
5.020
(j)
128,459,490‌
TOTAL
INVESTMENTS
PURCHASED
WITH
COLLATERAL
FROM
SECURITIES
LENDING
(Cost
$128,459,490)
128,459,490‌
TOTAL
INVESTMENTS
-
101.6%
(Cost
$7,115,024,955)
6,925,535,913‌
OTHER
ASSETS
&
LIABILITIES,
NET
-
(1.6)%
(111,072,258‌)
NET
ASSETS
-
100.0%
$
6,814,463,655‌
EUR
Euro
LIBOR
London
Interbank
Offered
Rate
M
Month
SOFR
Secured
Overnight
Financing
Rate
SOFR30A
30
Day
Average
Secured
Overnight
Financing
Rate
TSFR1M
CME
Term
Secured
Overnight
Financing
Rate
1
Month
TSFR3M
CME
Term
Secured
Overnight
Financing
Rate
3
Month
231
See
Notes
to
Financial
Statements
Principal
denominated
in
U.S.
Dollars,
unless
otherwise
noted. 
(a)
For
fair
value
measurement
disclosure
purposes,
investment
classified
as
Level
3.
(b)
In
default
(c)
Floating
or
variable
rate
security
includes
the
reference
rate
and
spread,
unless
the
variable
rate
is
based
on
the
underlying
asset
of
the
security.
Coupon
rate
reflects
the
rate
at
period
end.
(d)
Security
is
exempt
from
registration
under
Rule
144A
of
the
Securities
Act
of
1933,
as
amended.
These
securities
are
deemed
liquid
and
may
be
resold
in
transactions
exempt
from
registration,
which
are
normally
those
transactions
with
qualified
institutional
buyers.
As
of
the
end
of
the
reporting
period,
the
aggregate
value
of
these
securities
is
$1,606,237,708
or
23.2%
of
Total
Investments.
(e)
Perpetual
security
(f)
All
or
a
portion
of
these
securities
are
out
on
loan.
The
aggregate
value
of
securities
on
loan
is
$124,621,058.
(g)
When-issued
or
delayed
delivery
security.
(h)
Agreement
with
Bank
of
New
York
Mellon,
4.860%
dated
9/30/24
to
be
repurchased
at
$61,442,057
on
10/1/24,
collateralized
by
Government
Agency
Securities,
with
coupon
rate
4.375%
and
maturity
date
7/31/26,
valued
at
$62,220,048.
(i)
Investments
made
with
cash
collateral
received
from
securities
on
loan.
(j)
The
rate
shown
is
the
one-day
yield
as
of
the
end
of
the
reporting
period.
Forward
Foreign
Currency
Contracts
Currency
Purchased
Receive
Currency
Sold
Deliver
Counterparty
Settlement
Date
Unrealized
Appreciation
(Depreciation)
$
7,054,540
EUR
6,463,850
Morgan
Stanley
Capital
Services
10/15/24
 $
(145,408‌)
EUR
Euro
Core
Plus
Bond
Portfolio
of
Investments
September
30,
2024
232
See
Notes
to
Financial
Statements
(Unaudited)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
LONG-TERM
INVESTMENTS
-
97.6%
BANK
LOAN
OBLIGATIONS
-
3.4%
CAPITAL
GOODS
-
0.2%
$
2,454,478
(a),(b)
Centuri
Group,
Inc,
(TSFR1M
+
2.500%)
7.460
%
08/27/28
$
2,452,379‌
485,031
(b)
Chariot
Buyer
LLC,
(TSFR1M
+
3.250%)
8.195
11/03/28
483,031‌
1,246,875
(b)
Closure
Systems
International
Group,
Inc,
(TSFR1M
+
4.000%)
8.845
03/22/29
1,252,592‌
970,000
(b)
Conair
Holdings
LLC,
(TSFR1M
+
3.750%)
8.710
05/17/28
892,230‌
334,833
(b)
Quikrete
Holdings,
Inc,
(TSFR1M
+
2.500%)
7.345
04/14/31
335,327‌
356,093
(b)
Resideo
Funding,
Inc,
(TSFR1M
+
2.000%)
6.855
02/11/28
357,874‌
997,500
(b)
Titan
Acquisition
Ltd,
(TSFR6M
+
5.000%)
10.326
02/15/29
993,899‌
632,493
(b)
TransDigm,
Inc,
(TSFR3M
+
2.500%)
7.104
02/28/31
630,741‌
2,500,000
(a),(b)
TransDigm,
Inc,
(TSFR1M
+
2.500%)
2.500
01/19/32
2,492,963‌
1,420,319
(b)
Zekelman
Industries,
Inc,
(TSFR1M
+
2.250%)
7.170
01/24/31
1,424,204‌
TOTAL
CAPITAL
GOODS
11,315,240‌
COMMERCIAL
&
PROFESSIONAL
SERVICES
-
0.2%
286,575
(b)
AlixPartners
LLP,
(TSFR1M
+
2.500%)
7.460
02/04/28
287,220‌
690,226
(b)
Camelot
US
Acquisition
LLC,
(TSFR1M
+
2.750%)
7.997
01/31/31
690,054‌
259,600
(b)
CHG
Healthcare
Services,
Inc,
(TSFR1M
+
3.500%)
8.460
09/29/28
259,939‌
539,698
(b)
Covanta
Holding
Corp,
(TSFR6M
+
2.500%)
7.588
11/30/28
540,753‌
41,463
(b)
Covanta
Holding
Corp,
(TSFR6M
+
2.500%)
7.588
11/30/28
41,544‌
963,771
(b)
EAB
Global,
Inc,
(TSFR1M
+
3.250%)
8.095
08/16/28
961,482‌
2,000,000
(a),(b)
First
Advantage
Holdings
LLC,
(TSFR1M
+
3.250%)
8.210
03/03/28
1,993,750‌
1,813,834
(b)
Prime
Security
Services
Borrower
LLC,
(TSFR1M
+
2.250%)
7.445
10/13/30
1,813,834‌
3,263,915
(a),(b)
WMB
Holdings,
Inc,
(TSFR1M
+
2.500%)
7.345
11/02/29
3,273,430‌
TOTAL
COMMERCIAL
&
PROFESSIONAL
SERVICES
9,862,006‌
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
-
0.1%
1,682,173
(b)
CNT
Holdings
I
Corp,
(TSFR3M
+
3.500%)
8.752
11/08/27
1,688,001‌
1,582,697
(b)
Driven
Holdings
LLC,
(TSFR1M
+
3.000%)
7.960
12/17/28
1,577,419‌
515,197
(b)
LS
Group
OpCo
Acquistion
LLC,
(TSFR1M
+
3.000%)
7.845
04/23/31
516,004‌
1,346,938
(b)
PetSmart
LLC,
(TSFR1M
+
3.750%)
8.695
02/11/28
1,337,436‌
1,995,000
(b)
Wand
NewCo
3,
Inc,
(TSFR3M
+
3.250%)
7.854
01/30/31
1,995,000‌
TOTAL
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
7,113,860‌
CONSUMER
DURABLES
&
APPAREL
-
0.1%
2,487,310
(b)
AI
Aqua
Merger
Sub,
Inc,
(TSFR1M
+
3.500%)
8.701
07/31/28
2,487,185‌
244,375
(b)
Crocs,
Inc,
(TSFR1M
+
2.250%)
7.095
02/19/29
245,720‌
283,636
(b)
SRAM
LLC,
(TSFR1M
+
2.750%)
7.710
05/18/28
283,991‌
855,232
(b)
Weber-Stephen
Products
LLC,
(TSFR1M
+
3.250%)
8.210
10/30/27
809,028‌
TOTAL
CONSUMER
DURABLES
&
APPAREL
3,825,924‌
CONSUMER
SERVICES
-
0.3%
2,474,693
(b)
1011778
BC
ULC,
(TSFR1M
+
1.750%)
6.595
09/20/30
2,453,931‌
393,949
(b)
Alterra
Mountain
Co,
(TSFR1M
+
3.250%)
8.095
08/17/28
395,344‌
1,559,250
(a),(b)
Caesars
Entertainment,
Inc,
(TSFR1M
+
2.750%)
7.595
02/06/30
1,562,291‌
1,488,375
(b)
Caesars
Entertainment,
Inc,
(TSFR1M
+
2.750%)
7.595
02/06/30
1,491,277‌
1,884,686
(b)
Carnival
Corp,
(TSFR1M
+
2.750%)
7.595
10/18/28
1,890,774‌
1,811,630
(b)
Fertitta
Entertainment
LLC,
(TSFR1M
+
3.750%)
8.847
01/27/29
1,808,678‌
2,158,688
(b)
Flutter
Financing
BV,
(TSFR3M
+
2.000%)
6.604
11/30/30
2,163,696‌
472,844
(b)
IRB
Holding
Corp,
(TSFR1M
+
2.750%)
7.695
12/15/27
472,777‌
719,660
(b)
KFC
Holding
Co,
(TSFR1M
+
1.750%)
6.879
03/15/28
723,708‌
499,129
(b)
Light
&
Wonder
International,
Inc,
(TSFR1M
+
2.250%)
7.333
04/15/29
499,618‌
1,851,749
(b)
Motion
Finco
Sarl,
(TSFR3M
+
3.500%)
8.104
11/12/29
1,784,391‌
303,514
(b)
Penn
National
Gaming,
Inc,
(TSFR1M
+
2.750%)
7.695
05/03/29
304,558‌
469,854
(b)
Spin
Holdco,
Inc,
(TSFR3M
+
4.000%)
9.256
03/04/28
413,375‌
TOTAL
CONSUMER
SERVICES
15,964,418‌
ENERGY
-
0.0%
736,721
(b)
Oryx
Midstream
Services
Permian
Basin
LLC,
(TSFR1M
+
3.000%)
8.225
10/05/28
737,844‌
TOTAL
ENERGY
737,844‌
FINANCIAL
SERVICES
-
0.2%
4,820,000
(b)
Boost
Newco
Borrower
LLC,
(TSFR3M
+
2.500%)
7.104
01/31/31
4,828,025‌
233
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
FINANCIAL
SERVICES
(continued)
$
2,810,730
(b)
Trans
Union
LLC,
(TSFR1M
+
2.000%)
6.845
%
12/01/28
$
2,812,487‌
TOTAL
FINANCIAL
SERVICES
7,640,512‌
FOOD,
BEVERAGE
&
TOBACCO
-
0.1%
594,252
(b)
Arterra
Wines
Canada,
Inc,
(TSFR3M
+
3.500%)
8.365
11/24/27
575,465‌
125,626
(b)
CITY
BREWING
CO
LLC,
(TSFR3M
+
3.500%)
9.063
04/05/28
103,014‌
48,000
(b)
CITY
BREWING
CO
LLC,
(TSFR3M
+
6.250%)
11.551
04/05/28
42,480‌
56,490
(b)
City
Brewing
Company,
LLC
Term
Loan,
(TSFR3M
-
0.000%)
8.797
04/14/28
29,799‌
574,501
(b)
Froneri
US,
Inc,
(TSFR1M
+
2.250%)
7.195
01/29/27
574,070‌
1,799,924
(a),(b)
Triton
Water
Holdings,
Inc,
(TSFR3M
+
3.250%)
8.115
03/31/28
1,798,844‌
182,555
(b)
Utz
Quality
Foods
LLC,
(TSFR3M
+
2.750%)
7.354
01/20/28
182,983‌
TOTAL
FOOD,
BEVERAGE
&
TOBACCO
3,306,655‌
HEALTH
CARE
EQUIPMENT
&
SERVICES
-
0.5%
4,144,531
(b)
Bausch
&
Lomb
Corp,
(TSFR1M
+
3.250%)
8.270
05/10/27
4,134,750‌
653,363
(b)
Element
Materials
Technology
Group
US
Holdings,
Inc,
(TSFR3M
+
3.750%)
8.354
07/06/29
655,816‌
389,416
(b)
Global
Medical
Response,
Inc,
(TSFR1M
+
4.750%)
9.711
10/31/28
387,804‌
2,947,103
(b)
ICU
Medical,
Inc,
(TSFR3M
+
2.500%)
7.254
01/08/29
2,948,532‌
3,500,384
(a),(b)
Medline
Borrower
LP,
(TSFR1M
+
2.750%)
7.595
10/23/28
3,505,757‌
1,862,438
(b)
Onex
TSG
Intermediate
Corp,
(TSFR1M
+
4.750%)
9.710
02/28/28
1,863,015‌
2,487,500
(b)
Phoenix
Guarantor,
Inc,
(TSFR1M
+
3.250%)
8.095
02/21/31
2,483,607‌
3,297,064
(b)
Phoenix
Newco,
Inc,
(TSFR1M
+
3.000%)
7.845
11/15/28
3,301,432‌
710,762
(b)
Select
Medical
Corp,
(TSFR1M
+
3.000%)
7.845
03/06/27
714,462‌
2,444,454
(b)
Surgery
Center
Holdings,
Inc,
(TSFR1M
+
2.750%)
7.670
12/19/30
2,448,854‌
TOTAL
HEALTH
CARE
EQUIPMENT
&
SERVICES
22,444,029‌
HOUSEHOLD
&
PERSONAL
PRODUCTS
-
0.1%
4,147,367
(b),(c)
Kronos
Acquisition
Holdings,
Inc,
(TSFR3M
+
4.000%)
9.314
07/08/31
3,960,736‌
TOTAL
HOUSEHOLD
&
PERSONAL
PRODUCTS
3,960,736‌
INSURANCE
-
0.4%
210,084
(b)
Acrisure
LLC,
(TSFR1M
+
3.000%)
7.961
02/16/27
209,866‌
2,000,000
(a),(b)
Alliant
Holdings
Intermediate
LLC,
(TSFR1M
+
3.000%)
7.965
09/19/31
1,991,060‌
598,059
(b)
Asurion
LLC,
(TSFR1M
+
3.250%)
8.611
12/23/26
598,257‌
425,000
(b)
Asurion
LLC,
(TSFR1M
+
5.250%)
10.210
01/31/28
400,182‌
2,971,755
(b)
BroadStreet
Partners,
Inc,
(TSFR1M
+
3.250%)
8.095
06/13/31
2,963,330‌
3,821,590
(a),(b)
HUB
International
Ltd,
(TSFR3M
+
3.000%)
8.255
06/20/30
3,820,329‌
1,207,850
(b)
Ryan
Specialty
LLC,
(TSFR1M
+
2.250%)
7.095
09/15/31
1,209,359‌
2,987,500
(a),(b)
Sedgwick
Claims
Management
Services,
Inc,
(TSFR3M
+
3.000%)
8.252
07/31/31
2,985,349‌
2,000,000
(b)
Truist
Insurance
Holdings
LLC,
(TSFR3M
+
3.250%)
7.854
05/06/31
2,000,210‌
1,970,088
(b)
USI,
Inc,
(TSFR3M
+
2.750%)
7.354
11/22/29
1,966,531‌
1,985,013
(b)
USI,
Inc,
(TSFR3M
+
2.750%)
7.354
09/27/30
1,981,291‌
TOTAL
INSURANCE
20,125,764‌
MATERIALS
-
0.1%
647,684
(b)
Asplundh
Tree
Expert
LLC,
(TSFR1M
+
1.750%)
6.695
09/07/27
648,989‌
1,339,119
(b)
Clydesdale
Acquisition
Holdings,
Inc,
(TSFR1M
+
3.175%)
8.020
04/13/29
1,333,762‌
197,508
(b)
H.B.
Fuller
Co,
(TSFR1M
+
2.000%)
6.845
02/15/30
198,126‌
952,067
(b)
INEOS
US
Petrochem
LLC,
(TSFR1M
+
4.250%)
9.195
04/02/29
953,557‌
852,334
(b)
Kloeckner
Pentaplast
of
America,
Inc,
(TSFR6M
+
4.725%)
9.723
02/12/26
804,982‌
670
(b)
Reynolds
Group
Holdings,
Inc,
(TSFR1M
+
3.250%)
3.250
02/05/26
670‌
1,876,444
(b)
TricorBraun
Holdings,
Inc,
(TSFR1M
+
3.250%)
8.210
03/03/28
1,843,024‌
130,769
(a),(b)
USALCO
LLC,
(TSFR1M
+
4.000%)
0.000
09/17/31
131,464‌
1,269,231
(a),(b)
USALCO
LLC,
(TSFR1M
+
4.000%)
4.000
09/17/31
1,275,977‌
TOTAL
MATERIALS
7,190,551‌
MEDIA
&
ENTERTAINMENT
-
0.0%
475,668
(b)
Altice
Financing
S.A.,
(TSFR3M
+
2.750%)
8.313
01/30/26
464,966‌
544,042
(b)
CSC
Holdings
LLC,
(TSFR1M
+
4.500%)
9.597
01/18/28
529,858‌
286,932
(b)
DIRECTV
Financing
LLC,
(TSFR1M
+
5.000%)
9.960
08/02/27
287,459‌
108,716
(b)
Lions
Gate
Capital
Holdings
LLC,
(TSFR1M
+
2.250%)
7.195
03/24/25
108,818‌
450,000
(b)
Match
Group
Holdings
II
LLC,
(TSFR3M
+
1.750%)
6.714
02/13/27
449,437‌
178,760
(b)
Univision
Communications,
Inc,
(TSFR1M
+
3.250%)
8.210
03/15/26
178,923‌
TOTAL
MEDIA
&
ENTERTAINMENT
2,019,461‌
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
-
0.2%
1,252,666
(b)
Avantor
Funding,
Inc,
(TSFR1M
+
2.000%)
6.945
11/08/27
1,261,102‌
1,341,594
(b)
Elanco
Animal
Health
Inc,
(TSFR1M
+
1.750%)
1.750
08/01/27
1,340,017‌
Core
Plus
Bond
234
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
(continued)
$
5,774,077
(b)
Jazz
Financing
Lux
Sarl,
(TSFR1M
+
2.250%)
7.095
%
05/05/28
$
5,774,596‌
2,527,710
(b)
Organon
&
Co,
(TSFR1M
+
2.500%)
7.465
05/19/31
2,527,710‌
208,337
(b)
Perrigo
Investments
LLC,
(TSFR1M
+
2.250%)
7.195
04/20/29
208,511‌
TOTAL
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
11,111,936‌
REAL
ESTATE
MANAGEMENT
&
DEVELOPMENT
-
0.0%
8,098
(b)
Cushman
&
Wakefield
plc,
(TSFR1M
+
3.000%)
7.845
01/31/30
8,116‌
330,886
(b)
Cushman
&
Wakefield
US
Borrower
LLC,
(TSFR1M
+
3.000%)
7.845
01/31/30
331,300‌
TOTAL
REAL
ESTATE
MANAGEMENT
&
DEVELOPMENT
339,416‌
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
-
0.0%
2,500,000
(a),(b)
Icon
Parent,
Inc,
(TSFR3M
+
2.000%)
6.604
07/03/28
2,483,587‌
TOTAL
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
2,483,587‌
SOFTWARE
&
SERVICES
-
0.6%
145,502
(b)
Avaya,
Inc,
(TSFR1M
+
7.500%)
12.345
08/01/28
129,081‌
2,958,783
(b)
Boxer
Parent
Co,
Inc,
(TSFR3M
+
3.750%)
9.005
07/30/31
2,956,431‌
1,990,000
(b)
Cotiviti,
Inc,
(TSFR1M
+
3.250%)
8.563
04/30/31
1,991,244‌
1,442,123
(b)
Ellucian
Holdings,
Inc,
(TSFR1M
+
3.500%)
8.445
10/09/29
1,447,415‌
131,241
(a),(b)
Epicor
Software
Corp,
(TSFR3M
+
3.250%)
1.000
05/30/31
131,494‌
2,002,123
(a),(b)
Epicor
Software
Corp,
(TSFR1M
+
3.250%)
8.095
05/30/31
2,005,977‌
3,127,036
(b)
Gen
Digital,
Inc,
(TSFR1M
+
1.750%)
6.595
09/12/29
3,120,438‌
828,750
(b)
Informatica
LLC,
(TSFR1M
+
2.250%)
7.095
10/27/28
828,920‌
1,964,736
(b)
Instructure
Holdings,
Inc,
(TSFR3M
+
2.750%)
8.074
10/30/28
1,968,419‌
3,000,000
(a),(b)
Mitchell
International,
Inc,
(TSFR1M
+
3.250%)
8.095
06/17/31
2,959,635‌
2,715,190
(b)
Open
Text
Corp,
(TSFR1M
+
2.250%)
7.095
01/31/30
2,728,304‌
333,120
(b)
Rackspace
Finance
LLC,
(TSFR1M
+
2.750%)
7.982
05/15/28
185,925‌
80,380
(b)
Rackspace
Finance
LLC,
(TSFR1M
+
6.250%)
11.483
05/15/28
81,779‌
460,750
(b)
RealPage,
Inc,
(TSFR1M
+
3.000%)
7.960
04/24/28
447,849‌
1,500,000
(a),(b)
Synechron,
Inc,
(TSFR1M
+
3.750%)
3.750
09/26/31
1,488,750‌
1,618,219
(b)
UKG,
Inc,
(TSFR3M
+
3.250%)
8.555
02/10/31
1,620,242‌
404,126
(b)
West
Technology
Group
LLC,
(TSFR3M
+
4.000%)
9.502
04/10/27
359,571‌
2,487,500
(b)
Zelis
Payments
Buyer,
Inc,
(TSFR1M
+
2.750%)
7.595
09/28/29
2,488,930‌
TOTAL
SOFTWARE
&
SERVICES
26,940,404‌
TECHNOLOGY
HARDWARE
&
EQUIPMENT
-
0.1%
466,139
(b)
CommScope,
Inc,
(TSFR1M
+
3.250%)
8.210
04/06/26
452,639‌
2,000,000
(a),(b)
Delta
Topco,
Inc,
(TSFR6M
+
3.500%)
8.198
11/30/29
1,999,310‌
209,597
(b)
Ingram
Micro,
Inc,
(TSFR1M
+
2.750%)
7.564
07/03/28
209,860‌
394,592
(b)
MLN
US
Holdco
LLC,
(TSFR3M
+
6.700%)
12.079
10/18/27
23,676‌
247,119
(b)
MLN
US
Holdco
LLC,
(TSFR3M
+
6.700%)
12.079
10/18/27
27,184‌
TOTAL
TECHNOLOGY
HARDWARE
&
EQUIPMENT
2,712,669‌
TELECOMMUNICATION
SERVICES
-
0.0%
925,862
(b)
Altice
France
S.A.,
(TSFR1M
+
3.688%)
3.688
01/31/26
794,218‌
192,500
(b)
Cablevision
Lightpath
LLC,
(TSFR1M
+
3.250%)
8.461
11/30/27
192,439‌
250,000
(b)
Virgin
Media
Bristol
LLC,
(TSFR1M
+
2.500%)
7.711
01/31/28
239,583‌
TOTAL
TELECOMMUNICATION
SERVICES
1,226,240‌
TRANSPORTATION
-
0.1%
1,776,075
(b)
Air
Canada,
(TSFR3M
+
2.500%)
7.253
03/21/31
1,782,735‌
562,500
(b)
American
Airlines,
Inc,
(TSFR3M
+
4.750%)
10.294
04/20/28
579,139‌
109,619
(b)
SkyMiles
IP
Ltd,
(TSFR3M
+
3.750%)
9.032
10/20/27
111,784‌
383,123
(b)
XPO,
Inc,
(TSFR1M
+
2.000%)
6.845
05/24/28
384,830‌
TOTAL
TRANSPORTATION
2,858,488‌
UTILITIES
-
0.1%
472,458
(b)
Energizer
Holdings,
Inc,
(TSFR1M
+
2.000%)
6.920
12/22/27
473,640‌
533,721
(b)
Talen
Energy
Supply
LLC,
(TSFR3M
+
3.500%)
8.596
05/17/30
536,024‌
2,502,018
(b)
Talen
Energy
Supply
LLC,
(TSFR3M
+
3.500%)
8.596
05/17/30
2,512,814‌
TOTAL
UTILITIES
3,522,478‌
TOTAL
BANK
LOAN
OBLIGATIONS
(Cost
$167,151,126)
166,702,218‌
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
CORPORATE
BONDS
-
38.4%
AUTOMOBILES
&
COMPONENTS
-
1.3%
4,500,000
(d)
Adient
Global
Holdings
Ltd
4.875
08/15/26
4,458,402‌
235
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
AUTOMOBILES
&
COMPONENTS
-
1.3%
(continued)
$
2,060,000
(d)
Clarios
Global
LP
6.750
%
05/15/28
$
2,123,353‌
575,000
Dana,
Inc
5.375
11/15/27
570,972‌
350,000
(e)
Dana,
Inc
5.625
06/15/28
343,165‌
325,000
Dana,
Inc
4.250
09/01/30
291,813‌
4,045,000
Ford
Motor
Credit
Co
LLC
6.950
03/06/26
4,139,867‌
2,000,000
Ford
Motor
Credit
Co
LLC
7.350
11/04/27
2,123,639‌
4,525,000
Ford
Motor
Credit
Co
LLC
7.350
03/06/30
4,900,384‌
2,000,000
(d)
Ford
Otomotiv
Sanayi
AS.
7.125
04/25/29
2,067,680‌
2,500,000
General
Motors
Co
6.125
10/01/25
2,523,697‌
2,000,000
General
Motors
Financial
Co,
Inc
2.750
06/20/25
1,967,873‌
800,000
General
Motors
Financial
Co,
Inc
6.050
10/10/25
809,821‌
6,600,000
General
Motors
Financial
Co,
Inc
5.000
04/09/27
6,672,952‌
2,825,000
General
Motors
Financial
Co,
Inc
5.850
04/06/30
2,944,068‌
900,000
General
Motors
Financial
Co,
Inc
5.750
02/08/31
930,546‌
3,200,000
General
Motors
Financial
Co,
Inc
2.700
06/10/31
2,757,535‌
3,750,000
General
Motors
Financial
Co,
Inc
5.600
06/18/31
3,850,507‌
3,550,000
General
Motors
Financial
Co,
Inc
5.700
N/A(f)
3,474,143‌
2,000,000
General
Motors
Financial
Co,
Inc
5.750
N/A(f)
1,955,891‌
5,000,000
Goodyear
Tire
&
Rubber
Co
5.250
04/30/31
4,513,656‌
2,250,000
(d),(g)
IHO
Verwaltungs
GmbH
4.750
09/15/26
2,202,875‌
1,000,000
(d)
Nemak
SAB
de
C.V.
3.625
06/28/31
811,961‌
1,360,000
(d)
Phinia,
Inc
6.625
10/15/32
1,371,228‌
2,025,000
Toyota
Motor
Credit
Corp
4.550
08/08/29
2,057,526‌
750,000
(d)
ZF
North
America
Capital,
Inc
6.875
04/14/28
757,061‌
3,665,000
ZF
North
America
Capital,
Inc
6.750
04/23/30
3,696,222‌
TOTAL
AUTOMOBILES
&
COMPONENTS
64,316,837‌
BANKS
-
8.0%
1,500,000
(d)
Akbank
T.A.S.
6.800
06/22/31
1,498,104‌
1,500,000
(d)
Akbank
TAS
7.498
01/20/30
1,547,250‌
4,000,000
Banco
Bilbao
Vizcaya
Argentaria
S.A.
9.375
N/A(f)
4,416,164‌
700,000
(d)
Banco
de
Credito
e
Inversiones
S.A.
8.750
N/A(f)
753,730‌
1,800,000
(d)
Banco
del
Estado
de
Chile
7.950
N/A(f)
1,933,235‌
2,000,000
(d),(e)
Banco
do
Brasil
S.A.
6.000
03/18/31
2,045,482‌
3,000,000
(d)
Banco
Internacional
del
Peru
SAA
Interbank
4.000
07/08/30
2,951,187‌
925,000
(d)
Banco
Mercantil
del
Norte
S.A.
7.500
N/A(f)
932,757‌
1,000,000
(d)
Banco
Nacional
de
Comercio
Exterior
SNC
2.720
08/11/31
912,367‌
2,400,000
Banco
Santander
S.A.
5.294
08/18/27
2,454,853‌
1,905,000
Banco
Santander
S.A.
3.800
02/23/28
1,862,417‌
2,200,000
(e)
Banco
Santander
S.A.
6.350
03/14/34
2,355,843‌
2,400,000
Banco
Santander
S.A.
9.625
N/A(f)
2,821,545‌
3,800,000
Banco
Santander
S.A.
4.750
N/A(f)
3,617,520‌
2,000,000
Bancolombia
S.A.
4.625
12/18/29
1,979,636‌
2,000,000
Bancolombia
S.A.
8.625
12/24/34
2,147,100‌
2,600,000
(d)
Bangkok
Bank
PCL
3.466
09/23/36
2,292,527‌
2,000,000
(d)
Banistmo
S.A.
4.250
07/31/27
1,933,970‌
4,000,000
(d)
Bank
Hapoalim
BM
3.255
01/21/32
3,707,760‌
3,000,000
(d)
Bank
Leumi
Le-Israel
BM
3.275
01/29/31
2,847,360‌
22,795,000
Bank
of
America
Corp
2.592
04/29/31
20,671,469‌
11,000,000
Bank
of
America
Corp
5.288
04/25/34
11,436,454‌
6,500,000
Bank
of
America
Corp
5.468
01/23/35
6,835,427‌
5,700,000
Bank
of
America
Corp
2.676
06/19/41
4,285,703‌
2,850,000
Bank
of
America
Corp
4.375
N/A(f)
2,758,875‌
8,400,000
Bank
of
America
Corp
6.100
N/A(f)
8,411,600‌
450,000
Barclays
plc
2.279
11/24/27
429,106‌
2,225,000
Barclays
plc
3.330
11/24/42
1,715,419‌
4,525,000
Barclays
plc
9.625
N/A(f)
5,094,761‌
1,850,000
(d)
BBVA
Bancomer
S.A.
5.125
01/18/33
1,759,877‌
1,000,000
(d)
BBVA
Bancomer
S.A.
8.450
06/29/38
1,090,497‌
3,300,000
(d)
BNP
Paribas
S.A.
2.819
11/19/25
3,287,375‌
100,000
(d)
BNP
Paribas
S.A.
4.375
05/12/26
99,330‌
2,150,000
(d)
BNP
Paribas
S.A.
1.904
09/30/28
1,997,477‌
1,800,000
(d)
BNP
Paribas
S.A.
2.159
09/15/29
1,640,298‌
Core
Plus
Bond
236
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
BANKS
-
8.0%
(continued)
$
8,000,000
(d)
BNP
Paribas
S.A.
7.750
%
N/A(f)
$
8,427,528‌
3,575,000
CitiBank
NA
5.570
04/30/34
3,813,821‌
5,895,000
Citigroup,
Inc
3.200
10/21/26
5,774,002‌
2,805,000
Citigroup,
Inc
4.300
11/20/26
2,802,154‌
600,000
Citigroup,
Inc
4.125
07/25/28
595,137‌
6,025,000
(e)
Citigroup,
Inc
4.542
09/19/30
6,031,987‌
2,135,000
Citigroup,
Inc
2.572
06/03/31
1,921,315‌
5,000,000
Citigroup,
Inc
4.910
05/24/33
5,039,820‌
11,800,000
Citigroup,
Inc
6.270
11/17/33
12,962,487‌
5,000,000
Citigroup,
Inc
6.250
N/A(f)
5,076,145‌
2,600,000
Citigroup,
Inc
7.625
N/A(f)
2,777,772‌
2,500,000
Citigroup,
Inc
4.000
N/A(f)
2,447,636‌
1,750,000
(e)
Citigroup,
Inc
7.375
N/A(f)
1,837,085‌
1,075,000
(d)
Cooperatieve
Rabobank
UA
1.339
06/24/26
1,047,676‌
4,950,000
Cooperatieve
Rabobank
UA
3.750
07/21/26
4,875,891‌
4,600,000
(a),(d)
Credit
Agricole
S.A.
6.700
N/A(f)
4,592,136‌
5,000,000
(d)
Credit
Agricole
S.A.
8.125
N/A(f)
5,143,750‌
2,450,000
(e)
Deutsche
Bank
AG.
5.371
09/09/27
2,521,399‌
2,275,000
Deutsche
Bank
AG.
2.311
11/16/27
2,164,348‌
1,500,000
Deutsche
Bank
AG.
6.819
11/20/29
1,614,697‌
2,025,000
Deutsche
Bank
AG.
4.999
09/11/30
2,035,928‌
3,400,000
Deutsche
Bank
AG.
6.000
N/A(f)
3,324,250‌
2,500,000
(d)
Grupo
Aval
Ltd
4.375
02/04/30
2,226,204‌
2,160,000
(d)
Hana
Bank
3.500
N/A(f)
2,064,917‌
4,325,000
HSBC
Holdings
plc
4.292
09/12/26
4,305,232‌
2,250,000
HSBC
Holdings
plc
2.013
09/22/28
2,099,281‌
3,750,000
HSBC
Holdings
plc
7.390
11/03/28
4,059,743‌
1,700,000
HSBC
Holdings
plc
2.206
08/17/29
1,558,677‌
2,200,000
HSBC
Holdings
plc
3.973
05/22/30
2,143,640‌
3,375,000
HSBC
Holdings
plc
6.875
N/A(f)
3,476,611‌
2,700,000
HSBC
Holdings
plc
6.950
N/A(f)
2,781,042‌
4,800,000
(e)
HSBC
Holdings
plc
8.000
N/A(f)
5,143,790‌
4,000,000
Huntington
Bancshares,
Inc
5.625
N/A(f)
3,997,431‌
UGX
6,000,000,000
(d)
ICBC
Standard
Bank
plc
14.250
06/26/34
1,398,005‌
1,100,000
ING
Groep
NV
3.950
03/29/27
1,091,273‌
5,800,000
ING
Groep
NV
6.500
N/A(f)
5,804,855‌
3,000,000
(d)
Intercorp
Financial
Services,
Inc
4.125
10/19/27
2,898,453‌
660,000
JPMorgan
Chase
&
Co
3.900
07/15/25
657,502‌
350,000
JPMorgan
Chase
&
Co
3.200
06/15/26
344,870‌
6,325,000
JPMorgan
Chase
&
Co
4.323
04/26/28
6,337,628‌
7,805,000
JPMorgan
Chase
&
Co
3.702
05/06/30
7,591,348‌
725,000
JPMorgan
Chase
&
Co
1.953
02/04/32
622,969‌
4,250,000
JPMorgan
Chase
&
Co
5.350
06/01/34
4,447,265‌
1,075,000
JPMorgan
Chase
&
Co
6.254
10/23/34
1,195,606‌
8,650,000
JPMorgan
Chase
&
Co
5.766
04/22/35
9,321,393‌
2,750,000
JPMorgan
Chase
&
Co
2.525
11/19/41
2,029,102‌
12,350,000
JPMorgan
Chase
&
Co
3.157
04/22/42
9,907,340‌
1,250,000
JPMorgan
Chase
&
Co
4.260
02/22/48
1,133,509‌
4,000,000
JPMorgan
Chase
&
Co
6.100
N/A(f)
4,000,000‌
5,625,000
JPMorgan
Chase
&
Co
6.875
N/A(f)
6,031,637‌
5,250,000
JPMorgan
Chase
&
Co
3.650
N/A(f)
5,079,069‌
5,000,000
Lloyds
Banking
Group
plc
7.500
N/A(f)
5,045,715‌
4,175,000
M&T
Bank
Corp
3.500
N/A(f)
3,706,469‌
1,800,000
Mitsubishi
UFJ
Financial
Group,
Inc
2.193
02/25/25
1,780,131‌
3,000,000
(d)
Mizrahi
Tefahot
Bank
Ltd
3.077
04/07/31
2,815,350‌
3,000,000
Natwest
Group
plc
6.000
N/A(f)
2,998,445‌
3,000,000
(d)
NBK
SPC
Ltd
1.625
09/15/27
2,827,416‌
3,000,000
(d),(e)
NBK
Tier  Financing
Ltd
3.625
N/A(f)
2,863,830‌
5,225,000
PNC
Financial
Services
Group,
Inc
3.400
N/A(f)
4,772,050‌
3,275,000
PNC
Financial
Services
Group,
Inc
6.200
N/A(f)
3,333,940‌
3,950,000
(d)
Societe
Generale
S.A.
7.132
01/19/55
4,024,997‌
2,100,000
(d)
Societe
Generale
S.A.
9.375
N/A(f)
2,206,138‌
237
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
BANKS
-
8.0%
(continued)
$
1,600,000
Sumitomo
Mitsui
Financial
Group,
Inc
1.474
%
07/08/25
$
1,563,060‌
475,000
Toronto-Dominion
Bank
3.625
09/15/31
466,113‌
5,000,000
Truist
Financial
Corp
4.950
N/A(f)
4,953,088‌
3,055,000
Truist
Financial
Corp
6.669
N/A(f)
3,037,822‌
2,500,000
(d)
Turkiye
Garanti
Bankasi
AS.
7.177
05/24/27
2,531,260‌
690,000
(d)
Turkiye
Garanti
Bankasi
AS.
8.375
02/28/34
707,970‌
1,000,000
(d)
Turkiye
Vakiflar
Bankasi
TAO
8.994
10/05/34
1,044,600‌
3,000,000
(d)
United
Overseas
Bank
Ltd
2.000
10/14/31
2,842,585‌
2,000,000
US
Bancorp
4.839
02/01/34
1,998,593‌
1,050,000
Wells
Fargo
&
Co
3.550
09/29/25
1,041,044‌
5,825,000
Wells
Fargo
&
Co
2.393
06/02/28
5,538,509‌
2,600,000
Wells
Fargo
&
Co
6.303
10/23/29
2,781,883‌
7,000,000
Wells
Fargo
&
Co
3.900
N/A(f)
6,803,341‌
1,500,000
Wells
Fargo
&
Co
5.875
N/A(f)
1,504,466‌
4,125,000
(e)
Wells
Fargo
&
Co
7.625
N/A(f)
4,492,265‌
TOTAL
BANKS
384,780,911‌
CAPITAL
GOODS
-
1.6%
3,000,000
(d)
AerCap
Global
Aviation
6.500
06/15/45
2,995,321‌
5,300,000
Air
Lease
Corp
3.125
12/01/30
4,849,859‌
1,690,000
(d)
Airbus
SE
3.150
04/10/27
1,654,316‌
1,395,000
(d)
Albion
Financing
1
SARL
6.125
10/15/26
1,399,513‌
600,000
(d)
BAE
Systems
plc
1.900
02/15/31
512,491‌
705,000
(d)
Beacon
Roofing
Supply,
Inc
6.500
08/01/30
729,668‌
10,500,000
Boeing
Co
2.196
02/04/26
10,111,384‌
1,050,000
Boeing
Co
3.250
02/01/28
994,878‌
1,375,000
Boeing
Co
5.705
05/01/40
1,341,575‌
9,850,000
Boeing
Co
5.805
05/01/50
9,516,268‌
1,160,000
(d)
Chart
Industries,
Inc
7.500
01/01/30
1,222,554‌
400,000
(d)
Esab
Corp
6.250
04/15/29
410,823‌
3,075,000
(d)
H&E
Equipment
Services,
Inc
3.875
12/15/28
2,886,944‌
665,000
(d)
Herc
Holdings,
Inc
6.625
06/15/29
688,790‌
4,100,000
Honeywell
International,
Inc
5.250
03/01/54
4,276,153‌
2,900,000
L3Harris
Technologies,
Inc
5.400
07/31/33
3,029,187‌
75,000
Lockheed
Martin
Corp
1.850
06/15/30
66,411‌
1,275,000
Lockheed
Martin
Corp
5.200
02/15/64
1,319,716‌
595,000
(d)
Masterbrand,
Inc
7.000
07/15/32
623,463‌
280,000
(d)
MITER
BRAND
6.750
04/01/32
290,255‌
1,925,000
Northrop
Grumman
Corp
3.250
01/15/28
1,870,618‌
4,450,000
Raytheon
Technologies
Corp
4.125
11/16/28
4,438,805‌
1,080,000
Raytheon
Technologies
Corp
2.250
07/01/30
969,761‌
3,250,000
Raytheon
Technologies
Corp
6.000
03/15/31
3,534,723‌
3,900,000
(d)
Sisecam
UK
plc
8.625
05/02/32
4,009,902‌
3,000,000
(d)
Sociedad
Quimica
y
Minera
de
Chile
S.A.
3.500
09/10/51
2,120,428‌
2,200,000
(d)
Standard
Industries,
Inc
5.000
02/15/27
2,181,406‌
1,750,000
Trane
Technologies
Luxembourg
Finance
S.A.
3.800
03/21/29
1,724,980‌
1,575,000
(d)
TransDigm,
Inc
6.875
12/15/30
1,649,302‌
1,470,000
(d)
TransDigm,
Inc
6.000
01/15/33
1,490,822‌
450,000
Tyco
Electronics
Group
S.A.
3.700
02/15/26
446,693‌
725,000
(d)
WESCO
Distribution,
Inc
7.250
06/15/28
742,394‌
1,595,000
(d)
Windsor
Holdings
III
LLC
8.500
06/15/30
1,706,136‌
TOTAL
CAPITAL
GOODS
75,805,539‌
COMMERCIAL
&
PROFESSIONAL
SERVICES
-
0.3%
2,125,000
(d)
ADT
Corp
4.875
07/15/32
2,029,694‌
800,000
(d)
ASGN,
Inc
4.625
05/15/28
777,010‌
1,000,000
(d)
Garda
World
Security
Corp
4.625
02/15/27
981,833‌
1,000,000
(d)
GFL
Environmental,
Inc
3.750
08/01/25
991,976‌
250,000
(d)
GFL
Environmental,
Inc
5.125
12/15/26
249,413‌
1,035,000
(d)
GTCR
W-2
MERGER
SUB
LLC
7.500
01/15/31
1,110,604‌
2,750,000
(d)
Prime
Security
Services
Borrower
LLC
5.750
04/15/26
2,762,551‌
1,200,000
(d)
Prime
Security
Services
Borrower
LLC
3.375
08/31/27
1,140,212‌
2,725,000
(d)
Prime
Security
Services
Borrower
LLC
6.250
01/15/28
2,725,733‌
1,550,000
Republic
Services,
Inc
2.900
07/01/26
1,518,355‌
Core
Plus
Bond
238
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
COMMERCIAL
&
PROFESSIONAL
SERVICES
-
0.3%
(continued)
$
1,330,000
Verisk
Analytics,
Inc
4.125
%
03/15/29
$
1,322,432‌
75,000
Verisk
Analytics,
Inc
3.625
05/15/50
57,210‌
850,000
Waste
Management,
Inc
2.500
11/15/50
555,994‌
TOTAL
COMMERCIAL
&
PROFESSIONAL
SERVICES
16,223,017‌
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
-
0.5%
2,670,000
(d)
Asbury
Automotive
Group,
Inc
4.625
11/15/29
2,546,371‌
755,000
(d)
Asbury
Automotive
Group,
Inc
5.000
02/15/32
715,952‌
925,000
(d)
Bath
&
Body
Works,
Inc
6.625
10/01/30
942,981‌
3,225,000
Home
Depot,
Inc
4.950
06/25/34
3,352,797‌
635,000
Kohl's
Corp
4.625
05/01/31
534,766‌
800,000
(d)
LCM
Investments
Holdings
II
LLC
4.875
05/01/29
768,694‌
790,000
(d)
LCM
Investments
Holdings
II
LLC
8.250
08/01/31
838,838‌
2,175,000
(d)
Lithia
Motors,
Inc
4.625
12/15/27
2,126,593‌
3,300,000
Lowe's
Cos,
Inc
4.250
04/01/52
2,793,935‌
2,500,000
(d)
Macy's
Retail
Holdings
LLC
6.125
03/15/32
2,423,098‌
1,900,000
(d)
Magic
Mergeco,
Inc
5.250
05/01/28
1,402,407‌
790,000
O'Reilly
Automotive,
Inc
3.550
03/15/26
781,374‌
1,400,000
O'Reilly
Automotive,
Inc
3.600
09/01/27
1,377,509‌
1,225,000
O'Reilly
Automotive,
Inc
4.200
04/01/30
1,215,163‌
2,200,000
O'Reilly
Automotive,
Inc
1.750
03/15/31
1,863,609‌
1,675,000
(d)
Prosus
NV
4.987
01/19/52
1,414,407‌
460,000
(d)
Wand
NewCo
3,
Inc
7.625
01/30/32
484,609‌
335,000
(a),(d)
Wayfair
LLC
7.250
10/31/29
343,194‌
TOTAL
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
25,926,297‌
CONSUMER
DURABLES
&
APPAREL
-
0.0%
1,000,000
(a),(d)
CD&R
Smokey
Buyer,
Inc
9.500
10/15/29
1,000,950‌
1,175,000
(e)
Newell
Brands,
Inc
6.375
09/15/27
1,188,401‌
TOTAL
CONSUMER
DURABLES
&
APPAREL
2,189,351‌
CONSUMER
SERVICES
-
0.6%
1,035,000
(d)
1011778
BC
ULC
6.125
06/15/29
1,064,766‌
2,000,000
(d)
CDI
Escrow
Issuer,
Inc
5.750
04/01/30
2,002,191‌
3,285,000
(d)
Churchill
Downs,
Inc
6.750
05/01/31
3,392,281‌
1,960,000
(d)
Flutter
Treasury
Designated
Activity
Co
6.375
04/29/29
2,029,431‌
2,200,000
(d)
Genm
Capital
Labuan
Ltd
3.882
04/19/31
2,001,236‌
150,000
(d)
Hilton
Domestic
Operating
Co,
Inc
5.750
05/01/28
150,658‌
2,990,000
(d)
Hilton
Domestic
Operating
Co,
Inc
5.875
04/01/29
3,065,485‌
2,200,000
(d)
Hilton
Domestic
Operating
Co,
Inc
3.625
02/15/32
1,987,532‌
2,455,000
(d)
Hilton
Grand
Vacations
Borrower
Escrow
LLC
6.625
01/15/32
2,485,086‌
400,000
(d)
International
Game
Technology
plc
4.125
04/15/26
394,779‌
350,000
(d)
Light
&
Wonder
International,
Inc
7.500
09/01/31
367,108‌
425,000
(d)
Marriott
Ownership
Resorts,
Inc
4.500
06/15/29
399,788‌
200,000
(d)
MGM
China
Holdings
Ltd
7.125
06/26/31
205,823‌
1,475,000
MGM
Resorts
International
6.125
09/15/29
1,493,358‌
1,000,000
(d)
NCL
Corp
Ltd
5.875
03/15/26
1,000,061‌
1,665,000
Sands
China
Ltd
2.300
03/08/27
1,558,364‌
1,200,000
Service
Corp
International
5.750
10/15/32
1,207,858‌
1,980,000
(d)
Six
Flags
Entertainment
Corp
6.625
05/01/32
2,050,494‌
450,000
(d)
Wynn
Macau
Ltd
5.625
08/26/28
436,901‌
1,100,000
(d)
Wynn
Resorts
Finance
LLC
6.250
03/15/33
1,114,351‌
TOTAL
CONSUMER
SERVICES
28,407,551‌
CONSUMER
STAPLES
DISTRIBUTION
&
RETAIL
-
0.5%
3,505,000
(d)
Albertsons
Cos,
Inc
6.500
02/15/28
3,568,795‌
2,350,000
Costco
Wholesale
Corp
1.600
04/20/30
2,075,738‌
1,525,000
Kroger
Co
5.000
09/15/34
1,537,716‌
1,460,000
Kroger
Co
3.875
10/15/46
1,173,395‌
1,380,000
(d)
Performance
Food
Group,
Inc
6.125
09/15/32
1,410,160‌
675,000
SYSCO
Corp
3.300
07/15/26
663,936‌
450,000
SYSCO
Corp
6.000
01/17/34
493,792‌
2,250,000
SYSCO
Corp
3.150
12/14/51
1,574,971‌
2,000,000
Target
Corp
4.500
09/15/34
2,000,181‌
785,000
(d)
US
Foods,
Inc
6.875
09/15/28
818,188‌
490,000
Walgreens
Boots
Alliance,
Inc
8.125
08/15/29
489,060‌
239
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
CONSUMER
STAPLES
DISTRIBUTION
&
RETAIL
-
0.5%
(continued)
$
2,200,000
Walmart,
Inc
1.050
%
09/17/26
$
2,089,247‌
280,000
Walmart,
Inc
2.375
09/24/29
262,772‌
5,125,000
Walmart,
Inc
1.800
09/22/31
4,457,158‌
2,375,000
Walmart,
Inc
2.500
09/22/41
1,779,885‌
1,150,000
Walmart,
Inc
4.500
04/15/53
1,109,226‌
TOTAL
CONSUMER
STAPLES
DISTRIBUTION
&
RETAIL
25,504,220‌
ENERGY
-
4.2%
2,000,000
(d)
Antero
Midstream
Partners
LP
6.625
02/01/32
2,069,972‌
1,419,000
(d)
Archrock
Partners
LP
6.875
04/01/27
1,423,447‌
375,000
(d)
Archrock
Partners
LP
6.250
04/01/28
376,863‌
1,580,000
(d)
Archrock
Partners
LP
6.625
09/01/32
1,620,276‌
550,000
Cenovus
Energy,
Inc
2.650
01/15/32
474,319‌
1,190,000
Cenovus
Energy,
Inc
5.400
06/15/47
1,152,175‌
2,000,000
Cheniere
Energy
Partners
LP
4.500
10/01/29
1,972,653‌
2,750,000
Cheniere
Energy
Partners
LP
3.250
01/31/32
2,459,095‌
3,075,000
(d)
Cheniere
Energy
Partners
LP
5.750
08/15/34
3,203,380‌
300,000
Chevron
USA,
Inc
3.900
11/15/24
299,547‌
1,440,000
(d)
Civitas
Resources,
Inc
8.375
07/01/28
1,496,835‌
640,000
(d)
Civitas
Resources,
Inc
8.625
11/01/30
678,065‌
1,750,000
(d)
Civitas
Resources,
Inc
8.750
07/01/31
1,852,442‌
82,060
(g)
Cloud
Peak
Energy,
Inc
12.000
05/01/25
75,566‌
1,350,000
(d)
CNX
Resources
Corp
7.250
03/01/32
1,417,720‌
500,000
(a),(d)
Coronado
Finance
Pty
Ltd
9.250
10/01/29
513,783‌
1,500,000
(d)
Cosan
Ltd
5.500
09/20/29
1,475,857‌
5,000,000
Diamondback
Energy,
Inc
4.400
03/24/51
4,148,848‌
1,790,000
(d)
DT
Midstream,
Inc
4.125
06/15/29
1,712,209‌
1,490,000
(d)
DT
Midstream,
Inc
4.375
06/15/31
1,410,439‌
2,300,000
Ecopetrol
S.A.
6.875
04/29/30
2,296,972‌
2,275,000
Ecopetrol
S.A.
4.625
11/02/31
1,953,111‌
300,000
Ecopetrol
S.A.
8.875
01/13/33
321,707‌
2,000,000
(d)
Empresa
Nacional
del
Petroleo
3.450
09/16/31
1,804,921‌
3,450,000
Enbridge,
Inc
5.700
03/08/33
3,636,125‌
2,340,000
Enbridge,
Inc
8.500
01/15/84
2,617,285‌
500,000
(d)
Energean
Israel
Finance
Ltd
4.875
03/30/26
476,405‌
897,000
(d)
Energean
Israel
Finance
Ltd
5.375
03/30/28
806,367‌
1,450,000
(d)
Energean
Israel
Finance
Ltd
8.500
09/30/33
1,370,498‌
950,000
Energy
Transfer
LP
4.750
01/15/26
951,115‌
2,900,000
Energy
Transfer
LP
5.750
02/15/33
3,032,991‌
1,825,000
Energy
Transfer
LP
6.550
12/01/33
2,014,824‌
1,100,000
Energy
Transfer
LP
5.550
05/15/34
1,138,953‌
600,000
Energy
Transfer
LP
5.400
10/01/47
571,348‌
2,100,000
Energy
Transfer
LP
6.250
04/15/49
2,208,152‌
2,700,000
Energy
Transfer
LP
5.000
05/15/50
2,439,235‌
4,300,000
Energy
Transfer
LP
5.950
05/15/54
4,400,839‌
4,200,000
Energy
Transfer
LP
6.500
N/A(f)
4,189,952‌
575,000
Energy
Transfer
Operating
LP
5.500
06/01/27
589,703‌
525,000
(d)
EnLink
Midstream
LLC
5.625
01/15/28
537,370‌
1,025,000
Enterprise
Products
Operating
LLC
4.250
02/15/48
885,845‌
2,105,000
Enterprise
Products
Operating
LLC
4.200
01/31/50
1,795,863‌
825,000
Enterprise
Products
Operating
LLC
3.200
02/15/52
584,928‌
1,225,000
Enterprise
Products
Operating
LLC
3.300
02/15/53
875,868‌
450,000
(d)
EQM
Midstream
Partners
LP
6.000
07/01/25
450,632‌
800,000
(d)
EQM
Midstream
Partners
LP
6.500
07/01/27
824,083‌
2,000,000
(d)
EQM
Midstream
Partners
LP
4.500
01/15/29
1,956,544‌
695,000
(d)
EQM
Midstream
Partners
LP
6.375
04/01/29
717,599‌
850,000
(d)
EQT
Corp
3.125
05/15/26
827,591‌
2,322,780
(d)
Galaxy
Pipeline
Assets
Bidco
Ltd
2.160
03/31/34
2,058,599‌
2,750,000
(d)
Galaxy
Pipeline
Assets
Bidco
Ltd
2.625
03/31/36
2,347,003‌
490,000
Genesis
Energy
LP
8.250
01/15/29
507,375‌
500,000
Genesis
Energy
LP
7.875
05/15/32
509,073‌
450,000
(d)
Hilcorp
Energy
I
LP
5.750
02/01/29
437,779‌
1,000,000
(d)
Hilcorp
Energy
I
LP
6.000
04/15/30
974,730‌
Core
Plus
Bond
240
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
ENERGY
-
4.2%
(continued)
$
450,000
(d)
Hilcorp
Energy
I
LP
6.000
%
02/01/31
$
436,822‌
3,000,000
(d)
Hilcorp
Energy
I
LP
8.375
11/01/33
3,234,297‌
775,000
(d)
Hunt
Oil
Co
of
Peru
LLC
Sucursal
Del
Peru
8.550
09/18/33
871,872‌
1,800,000
(d)
Indika
Energy
Tbk
PT
8.750
05/07/29
1,840,828‌
1,500,000
(d)
KazMunayGas
National
Co
JSC
5.375
04/24/30
1,511,400‌
2,000,000
(d)
KazMunayGas
National
Co
JSC
3.500
04/14/33
1,742,112‌
2,000,000
(d)
Kinetik
Holdings
LP
6.625
12/15/28
2,075,700‌
1,070,000
(d)
Kodiak
Gas
Services
LLC
7.250
02/15/29
1,107,346‌
1,050,000
(d)
Kosmos
Energy
Ltd
7.750
05/01/27
1,037,837‌
1,075,000
(d)
Kosmos
Energy
Ltd
8.750
10/01/31
1,059,390‌
1,025,000
(d)
Leviathan
Bond
Ltd
6.125
06/30/25
1,007,608‌
5,250,000
Marathon
Oil
Corp
5.300
04/01/29
5,443,847‌
2,200,000
Marathon
Petroleum
Corp
3.800
04/01/28
2,162,752‌
4,150,000
Marathon
Petroleum
Corp
4.750
09/15/44
3,697,129‌
1,650,000
Marathon
Petroleum
Corp
5.000
09/15/54
1,468,621‌
400,000
(d)
Matador
Resources
Co
6.250
04/15/33
393,291‌
1,500,000
(d)
Medco
Maple
Tree
Pte
Ltd
8.960
04/27/29
1,582,494‌
485,000
(d)
Midwest
Connector
Capital
Co
LLC
4.625
04/01/29
482,085‌
2,625,000
MPLX
LP
1.750
03/01/26
2,527,925‌
2,275,000
MPLX
LP
2.650
08/15/30
2,047,623‌
1,550,000
MPLX
LP
4.700
04/15/48
1,351,773‌
1,617,000
Murphy
Oil
Corp
5.875
12/01/27
1,636,734‌
325,000
Occidental
Petroleum
Corp
5.500
12/01/25
326,362‌
800,000
Occidental
Petroleum
Corp
5.550
03/15/26
809,104‌
2,375,000
Occidental
Petroleum
Corp
3.500
08/15/29
2,236,260‌
2,000,000
Occidental
Petroleum
Corp
6.600
03/15/46
2,151,976‌
1,650,000
ONEOK,
Inc
4.500
03/15/50
1,373,378‌
2,000,000
(d)
Parkland
Corp
4.500
10/01/29
1,893,565‌
1,260,000
(d)
Parkland
Corp
4.625
05/01/30
1,188,244‌
1,210,000
(d)
Permian
Resources
Operating
LLC
7.000
01/15/32
1,258,802‌
2,500,000
(d)
Pertamina
Persero
PT
1.400
02/09/26
2,390,558‌
2,000,000
(d)
Pertamina
Persero
PT
2.300
02/09/31
1,740,000‌
1,700,000
Petrobras
Global
Finance
BV
6.000
01/13/35
1,683,298‌
1,992,000
Petroleos
Mexicanos
6.840
01/23/30
1,844,684‌
2,700,000
Petroleos
Mexicanos
5.950
01/28/31
2,336,820‌
4,509,000
Petroleos
Mexicanos
6.700
02/16/32
4,042,504‌
2,700,000
Phillips
66
2.150
12/15/30
2,365,072‌
1,450,000
Phillips
66
3.300
03/15/52
1,007,720‌
715,000
Phillips
66
Co
4.680
02/15/45
645,074‌
2,500,000
(d)
Promigas
S.A.
ESP
3.750
10/16/29
2,309,294‌
1,500,000
(d)
Raizen
Fuels
Finance
S.A.
5.700
01/17/35
1,501,500‌
5,130,000
Sabine
Pass
Liquefaction
LLC
5.875
06/30/26
5,213,803‌
3,300,000
Sabine
Pass
Liquefaction
LLC
4.500
05/15/30
3,291,247‌
2,675,000
(d)
Saudi
Arabian
Oil
Co
2.250
11/24/30
2,351,753‌
2,000,000
(d)
SierraCol
Energy
Andina
LLC
6.000
06/15/28
1,838,332‌
880,000
(d)
SM
Energy
Co
6.750
08/01/29
883,634‌
455,000
Suncor
Energy,
Inc
6.800
05/15/38
520,233‌
1,400,000
Sunoco
Logistics
Partners
Operations
LP
4.000
10/01/27
1,385,944‌
2,235,000
(d)
Sunoco
LP
7.000
05/01/29
2,335,167‌
1,150,000
Sunoco
LP
4.500
05/15/29
1,105,586‌
525,000
Targa
Resources
Partners
LP
6.500
07/15/27
531,600‌
3,300,000
TotalEnergies
Capital
International
S.A.
3.127
05/29/50
2,389,697‌
900,000
TotalEnergies
Capital
S.A.
5.488
04/05/54
930,099‌
1,375,000
TotalEnergies
Capital
S.A.
5.638
04/05/64
1,433,769‌
1,200,000
TotalEnergies
Capital
S.A.
5.425
09/10/64
1,207,718‌
2,000,000
TransCanada
Trust
5.500
09/15/79
1,931,358‌
943,500
(d)
Transocean,
Inc
8.750
02/15/30
983,723‌
925,000
(d)
US
LIQUIDSCO0
5.584
10/01/34
933,898‌
1,000,000
(d)
US
LIQUIDSCO0
6.176
10/01/54
1,012,264‌
1,075,000
USA
Compression
Partners
LP
6.875
09/01/27
1,084,087‌
1,415,000
(d)
USA
Compression
Partners
LP
7.125
03/15/29
1,457,382‌
2,000,000
(d)
Venture
Global
Calcasieu
Pass
LLC
4.125
08/15/31
1,859,459‌
241
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
ENERGY
-
4.2%
(continued)
$
2,205,000
(d)
Venture
Global
LNG,
Inc
8.125
%
06/01/28
$
2,298,757‌
3,000,000
(d)
Venture
Global
LNG,
Inc
9.875
02/01/32
3,333,576‌
1,800,000
Williams
Cos,
Inc
2.600
03/15/31
1,590,611‌
3,075,000
Williams
Cos,
Inc
5.650
03/15/33
3,218,119‌
TOTAL
ENERGY
199,890,393‌
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
-
1.3%
2,050,000
Agree
LP
2.000
06/15/28
1,873,087‌
350,000
Alexandria
Real
Estate
Equities,
Inc
3.950
01/15/27
346,246‌
450,000
Alexandria
Real
Estate
Equities,
Inc
3.950
01/15/28
443,840‌
1,650,000
Alexandria
Real
Estate
Equities,
Inc
4.900
12/15/30
1,683,949‌
1,125,000
Alexandria
Real
Estate
Equities,
Inc
1.875
02/01/33
904,019‌
1,425,000
American
Tower
Corp
2.950
01/15/25
1,415,455‌
475,000
American
Tower
Corp
3.375
10/15/26
466,764‌
1,200,000
American
Tower
Corp
3.600
01/15/28
1,171,088‌
1,480,000
American
Tower
Corp
3.800
08/15/29
1,439,924‌
4,100,000
American
Tower
Corp
2.900
01/15/30
3,791,348‌
825,000
American
Tower
Corp
2.100
06/15/30
726,609‌
1,390,000
American
Tower
Corp
1.875
10/15/30
1,197,430‌
1,750,000
Brixmor
Operating
Partnership
LP
3.850
02/01/25
1,740,057‌
350,000
Brixmor
Operating
Partnership
LP
2.250
04/01/28
322,716‌
1,775,000
CubeSmart
LP
2.250
12/15/28
1,632,418‌
590,000
Equinix,
Inc
2.150
07/15/30
521,467‌
2,375,000
Essential
Properties
LP
2.950
07/15/31
2,067,298‌
1,890,000
Essex
Portfolio
LP
3.000
01/15/30
1,755,367‌
1,285,000
Extra
Space
Storage
LP
2.400
10/15/31
1,105,473‌
600,000
Federal
Realty
OP
LP
1.250
02/15/26
573,824‌
1,500,000
Healthcare
Realty
Holdings
LP
3.875
05/01/25
1,488,443‌
1,225,000
Healthcare
Realty
Holdings
LP
3.500
08/01/26
1,204,020‌
1,500,000
Healthcare
Realty
Holdings
LP
3.625
01/15/28
1,434,554‌
3,055,000
Healthcare
Realty
Holdings
LP
3.100
02/15/30
2,807,016‌
525,000
Healthcare
Realty
Holdings
LP
2.400
03/15/30
458,273‌
550,000
Healthcare
Realty
Holdings
LP
2.050
03/15/31
452,347‌
375,000
Highwoods
Realty
LP
3.875
03/01/27
366,517‌
725,000
Highwoods
Realty
LP
4.125
03/15/28
703,187‌
700,000
Highwoods
Realty
LP
4.200
04/15/29
676,439‌
3,369,000
Highwoods
Realty
LP
2.600
02/01/31
2,870,448‌
3,845,000
(d)
Iron
Mountain,
Inc
7.000
02/15/29
4,007,690‌
925,000
Kimco
Realty
OP
LLC
3.850
06/01/25
916,461‌
300,000
Kimco
Realty
OP
LLC
3.250
08/15/26
293,000‌
1,675,000
Kite
Realty
Group
LP
4.950
12/15/31
1,677,122‌
2,225,000
Kite
Realty
Group
LP
5.500
03/01/34
2,292,084‌
850,000
Mid-America
Apartments
LP
4.000
11/15/25
845,529‌
3,925,000
Mid-America
Apartments
LP
2.750
03/15/30
3,628,181‌
1,625,000
Mid-America
Apartments
LP
1.700
02/15/31
1,377,102‌
1,000,000
Mid-America
Apartments
LP
2.875
09/15/51
674,483‌
3,375,000
MPT
Operating
Partnership
LP
3.500
03/15/31
2,464,700‌
550,000
National
Retail
Properties,
Inc
4.000
11/15/25
546,272‌
600,000
National
Retail
Properties,
Inc
3.600
12/15/26
592,331‌
650,000
NNN
REIT,
Inc
5.600
10/15/33
680,191‌
625,000
ProLogis
LP
2.875
11/15/29
587,319‌
875,000
Regency
Centers
LP
3.900
11/01/25
866,101‌
425,000
Regency
Centers
LP
3.600
02/01/27
418,162‌
1,650,000
Regency
Centers
LP
2.950
09/15/29
1,543,310‌
2,250,000
(d)
Trust
Fibra
Uno
7.375
02/13/34
2,316,406‌
750,000
(d)
Uniti
Group
LP
10.500
02/15/28
800,555‌
TOTAL
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
64,166,622‌
FINANCIAL
SERVICES
-
3.5%
2,150,000
AerCap
Ireland
Capital
DAC
1.750
01/30/26
2,070,787‌
8,375,000
AerCap
Ireland
Capital
DAC
3.000
10/29/28
7,911,332‌
750,000
AerCap
Ireland
Capital
DAC
3.850
10/29/41
627,132‌
1,000,000
(b),(d)
Alamo
Re
Ltd
12.124
06/07/25
1,029,200‌
4,086,000
Bank
of
New
York
Mellon
Corp
4.700
N/A(f)
4,054,140‌
Core
Plus
Bond
242
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
FINANCIAL
SERVICES
-
3.5%
(continued)
$
4,690,000
(d)
Block,
Inc
6.500
%
05/15/32
$
4,883,781‌
75,000
Capital
One
Financial
Corp
3.750
03/09/27
74,047‌
3,940,000
(e)
Capital
One
Financial
Corp
3.950
N/A(f)
3,712,053‌
6,675,000
Charles
Schwab
Corp
5.375
N/A(f)
6,663,810‌
500,000
(b),(d)
Citrus
Re
Ltd,
(3-Month
US
Treasury
Bill
+
5.060%)
5.100
06/07/25
512,800‌
600,000
(d)
Compass
Group
Diversified
Holdings
LLC
5.250
04/15/29
582,903‌
1,210,000
Corebridge
Financial,
Inc
6.050
09/15/33
1,290,080‌
1,575,000
Corebridge
Financial,
Inc
5.750
01/15/34
1,660,066‌
800,000
Discover
Bank
4.250
03/13/26
796,606‌
1,625,000
Discover
Bank
3.450
07/27/26
1,590,782‌
1,375,000
Discover
Bank
2.700
02/06/30
1,238,364‌
6,400,000
(e)
Discover
Financial
Services
6.125
N/A(f)
6,397,105‌
550,000
(d)
Equitable
Financial
Life
Global
Funding
1.400
07/07/25
536,303‌
4,550,000
Equitable
Holdings,
Inc
4.950
N/A(f)
4,506,797‌
1,705,000
(d)
FirstCash,
Inc
6.875
03/01/32
1,754,651‌
2,135,000
Fiserv,
Inc
3.500
07/01/29
2,062,709‌
2,350,000
Fiserv,
Inc
5.450
03/15/34
2,456,108‌
5,000,000
Fiserv,
Inc
5.150
08/12/34
5,126,906‌
1,000,000
Goldman
Sachs
Group,
Inc
3.500
04/01/25
993,810‌
8,200,000
Goldman
Sachs
Group,
Inc
4.482
08/23/28
8,243,344‌
2,950,000
Goldman
Sachs
Group,
Inc
5.851
04/25/35
3,169,766‌
1,050,000
Goldman
Sachs
Group,
Inc
4.411
04/23/39
989,892‌
1,625,000
Goldman
Sachs
Group,
Inc
3.210
04/22/42
1,295,777‌
1,450,000
Goldman
Sachs
Group,
Inc
3.436
02/24/43
1,180,771‌
3,000,000
Goldman
Sachs
Group,
Inc
7.379
N/A(f)
3,008,604‌
4,925,000
(e)
Goldman
Sachs
Group,
Inc
7.500
N/A(f)
5,294,075‌
800,000
(d)
HAT
Holdings
I
LLC
8.000
06/15/27
847,506‌
1,250,000
(b),(d)
Hestia
Re
Ltd,
(SOFR
+
10.080%)
14.682
04/22/25
1,150,000‌
925,000
Icahn
Enterprises
LP
5.250
05/15/27
886,373‌
3,850,000
Icahn
Enterprises
LP
4.375
02/01/29
3,364,700‌
3,000,000
(d)
Indian
Railway
Finance
Corp
Ltd
2.800
02/10/31
2,678,742‌
500,000
(b),(d)
Matterhorn
Re
Ltd,
(SOFR
+
5.250%)
5.889
03/24/25
506,550‌
1,711,500
(d)
Mexico
Remittances
Funding
Fiduciary
Estate
Management
Sarl
4.875
01/15/28
1,552,735‌
1,203,440
(d)
Minejesa
Capital
BV
4.625
08/10/30
1,185,484‌
1,000,000
(d)
Minejesa
Capital
BV
5.625
08/10/37
962,084‌
2,650,000
Morgan
Stanley
2.188
04/28/26
2,608,501‌
6,625,000
Morgan
Stanley
3.125
07/27/26
6,506,965‌
1,480,000
Morgan
Stanley
3.950
04/23/27
1,465,269‌
550,000
Morgan
Stanley
5.449
07/20/29
571,504‌
2,400,000
Morgan
Stanley
6.407
11/01/29
2,579,047‌
4,000,000
Morgan
Stanley
5.250
04/21/34
4,131,156‌
3,200,000
Morgan
Stanley
5.424
07/21/34
3,337,138‌
2,000,000
Morgan
Stanley
5.831
04/19/35
2,148,292‌
2,925,000
Morgan
Stanley
5.320
07/19/35
3,037,387‌
2,000,000
Navient
Corp
5.500
03/15/29
1,940,141‌
1,140,000
Northern
Trust
Corp
3.950
10/30/25
1,135,655‌
2,421,000
Northern
Trust
Corp
4.600
N/A(f)
2,396,225‌
1,345,000
OneMain
Finance
Corp
3.500
01/15/27
1,285,579‌
2,000,000
OneMain
Finance
Corp
7.125
11/15/31
2,024,028‌
350,000
(d)
PennyMac
Financial
Services,
Inc
7.875
12/15/29
373,211‌
2,375,000
(d)
Power
Finance
Corp
Ltd
3.950
04/23/30
2,279,193‌
2,000,000
(d)
Rocket
Mortgage
LLC
4.000
10/15/33
1,786,571‌
1,830,000
S&P
Global,
Inc
4.250
05/01/29
1,839,887‌
2,400,000
(b),(d)
Sanders
RE
II
Ltd,
(3-Month
US
Treasury
Bill
+
3.250%)
3.250
04/07/25
2,421,840‌
370,000
(d)
Shift4
Payments
LLC
6.750
08/15/32
386,294‌
1,350,000
Springleaf
Finance
Corp
5.375
11/15/29
1,297,312‌
3,750,000
State
Street
Corp
6.700
N/A(f)
3,884,951‌
2,325,000
UBS
Group
AG.
3.750
03/26/25
2,312,871‌
475,000
(d)
UBS
Group
AG.
2.193
06/05/26
466,255‌
5,900,000
(d)
UBS
Group
AG.
1.305
02/02/27
5,642,406‌
2,050,000
(d)
UBS
Group
AG.
6.442
08/11/28
2,156,607‌
2,100,000
(d)
UBS
Group
AG.
3.179
02/11/43
1,637,081‌
243
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
FINANCIAL
SERVICES
-
3.5%
(continued)
$
2,500,000
(d)
UBS
Group
AG.
9.250
%
N/A(f)
$
2,764,003‌
2,100,000
(d)
UBS
Group
AG.
9.250
N/A(f)
2,476,601‌
550,000
Visa,
Inc
2.700
04/15/40
432,631‌
260,000
Voya
Financial,
Inc
5.700
07/15/43
265,013‌
TOTAL
FINANCIAL
SERVICES
166,438,289‌
FOOD,
BEVERAGE
&
TOBACCO
-
0.9%
2,575,000
Anheuser-Busch
Cos
LLC
4.700
02/01/36
2,585,370‌
4,580,000
Anheuser-Busch
Cos
LLC
4.900
02/01/46
4,510,586‌
5,580,000
Anheuser-Busch
InBev
Worldwide,
Inc
4.750
01/23/29
5,725,365‌
5,000,000
Anheuser-Busch
InBev
Worldwide,
Inc
5.000
06/15/34
5,210,847‌
1,150,000
Campbell
Soup
Co
5.250
10/13/54
1,142,318‌
2,700,000
(d)
Cia
Cervecerias
Unidas
S.A.
3.350
01/19/32
2,393,625‌
2,000,000
(d)
Coca-Cola
Icecek
AS.
4.500
01/20/29
1,943,040‌
450,000
Constellation
Brands,
Inc
4.400
11/15/25
449,459‌
450,000
Constellation
Brands,
Inc
3.700
12/06/26
445,509‌
1,625,000
Constellation
Brands,
Inc
3.150
08/01/29
1,541,700‌
2,350,000
Constellation
Brands,
Inc
2.875
05/01/30
2,166,439‌
1,700,000
Constellation
Brands,
Inc
2.250
08/01/31
1,469,723‌
1,650,000
Diageo
Capital
plc
2.125
10/24/24
1,646,930‌
1,500,000
Kraft
Heinz
Foods
Co
4.375
06/01/46
1,327,561‌
2,500,000
(d)
MARB
BondCo
plc
3.950
01/29/31
2,216,620‌
4,000,000
Philip
Morris
International,
Inc
5.250
02/13/34
4,154,054‌
680,000
(d)
Post
Holdings,
Inc
6.250
02/15/32
700,201‌
2,000,000
(d)
Post
Holdings,
Inc
6.375
03/01/33
2,032,636‌
1,500,000
(d)
Primo
Water
Holdings,
Inc
4.375
04/30/29
1,438,151‌
1,800,000
(d)
Ulker
Biskuvi
Sanayi
AS.
7.875
07/08/31
1,869,100‌
TOTAL
FOOD,
BEVERAGE
&
TOBACCO
44,969,234‌
HEALTH
CARE
EQUIPMENT
&
SERVICES
-
1.4%
150,000
Aetna,
Inc
6.625
06/15/36
169,579‌
1,200,000
Boston
Scientific
Corp
2.650
06/01/30
1,103,073‌
1,640,000
Centene
Corp
2.450
07/15/28
1,510,317‌
6,410,000
Centene
Corp
3.000
10/15/30
5,738,405‌
1,250,000
(d)
CHS
5.250
05/15/30
1,150,382‌
1,525,000
Cigna
Group
3.200
03/15/40
1,204,695‌
430,000
(d)
Concentra
Escrow
Issuer
Corp
6.875
07/15/32
452,151‌
5,175,000
CVS
Health
Corp
4.780
03/25/38
4,882,667‌
1,400,000
CVS
Health
Corp
2.700
08/21/40
994,137‌
3,425,000
CVS
Health
Corp
5.050
03/25/48
3,126,099‌
2,000,000
(d)
DaVita,
Inc
4.625
06/01/30
1,906,590‌
2,000,000
(d)
DaVita,
Inc
6.875
09/01/32
2,066,110‌
4,200,000
Elevance
Health,
Inc
2.250
05/15/30
3,761,765‌
1,575,000
Elevance
Health,
Inc
5.125
02/15/53
1,545,452‌
4,630,000
Encompass
Health
Corp
4.500
02/01/28
4,544,449‌
9,000,000
HCA,
Inc
3.500
09/01/30
8,481,379‌
2,075,000
HCA,
Inc
3.625
03/15/32
1,918,783‌
1,700,000
HCA,
Inc
4.625
03/15/52
1,475,468‌
3,500,000
(d)
Hologic,
Inc
3.250
02/15/29
3,260,593‌
2,000,000
Humana,
Inc
2.150
02/03/32
1,682,217‌
800,000
Humana,
Inc
5.875
03/01/33
849,279‌
375,000
Tenet
Healthcare
Corp
4.625
06/15/28
368,044‌
3,400,000
Tenet
Healthcare
Corp
6.125
10/01/28
3,427,149‌
5,600,000
Tenet
Healthcare
Corp
4.375
01/15/30
5,372,821‌
3,625,000
UnitedHealth
Group,
Inc
2.300
05/15/31
3,214,131‌
950,000
UnitedHealth
Group,
Inc
5.150
07/15/34
991,505‌
1,085,000
UnitedHealth
Group,
Inc
3.750
10/15/47
890,527‌
TOTAL
HEALTH
CARE
EQUIPMENT
&
SERVICES
66,087,767‌
HOUSEHOLD
&
PERSONAL
PRODUCTS
-
0.2%
1,875,000
Church
&
Dwight
Co,
Inc
2.300
12/15/31
1,638,371‌
1,170,000
(d)
Coty,
Inc
6.625
07/15/30
1,215,672‌
4,925,000
Haleon
US
Capital
LLC
3.625
03/24/32
4,632,599‌
Core
Plus
Bond
244
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
HOUSEHOLD
&
PERSONAL
PRODUCTS
-
0.2%
(continued)
$
3,850,000
Unilever
Capital
Corp
4.625
%
08/12/34
$
3,905,828‌
TOTAL
HOUSEHOLD
&
PERSONAL
PRODUCTS
11,392,470‌
INSURANCE
-
1.3%
2,550,000
(d)
Acrisure
LLC
4.250
02/15/29
2,408,964‌
53,000
Aflac,
Inc
6.450
08/15/40
59,701‌
825,000
(d)
Alliant
Holdings
Intermediate
LLC
4.250
10/15/27
789,784‌
4,360,000
(d)
Alliant
Holdings
Intermediate
LLC
6.750
04/15/28
4,430,602‌
2,000,000
(d)
Alliant
Holdings
Intermediate
LLC
6.500
10/01/31
2,020,973‌
1,250,000
Aon
Corp
2.800
05/15/30
1,150,728‌
1,450,000
Aon
Corp
5.350
02/28/33
1,514,831‌
1,045,000
(d)
Ardonagh
Finco
Ltd
7.750
02/15/31
1,080,241‌
900,000
Arthur
J
Gallagher
&
Co
5.750
03/02/53
940,204‌
500,000
Berkshire
Hathaway
Finance
Corp
2.875
03/15/32
461,598‌
3,895,000
Berkshire
Hathaway
Finance
Corp
2.850
10/15/50
2,737,442‌
400,000
Berkshire
Hathaway
Finance
Corp
3.850
03/15/52
337,476‌
500,000
(b),(d)
Bonanza
RE
Ltd,
(3-Month
US
Treasury
Bill
+
5.620%)
10.222
03/16/25
496,500‌
1,690,000
(d)
Five
Corners
Funding
Trust
II
2.850
05/15/30
1,561,691‌
7,425,000
Hartford
Financial
Services
Group,
Inc
2.800
08/19/29
6,923,495‌
250,000
Hartford
Financial
Services
Group,
Inc
4.300
04/15/43
223,492‌
850,000
Hartford
Financial
Services
Group,
Inc
2.900
09/15/51
574,030‌
2,000,000
(d)
High
Street
Funding
Trust
I
4.111
02/15/28
1,946,436‌
2,755,000
(d)
HUB
International
Ltd
7.250
06/15/30
2,870,380‌
1,521,000
(d)
Liberty
Mutual
Group,
Inc
4.569
02/01/29
1,527,616‌
1,750,000
(d)
Liberty
Mutual
Group,
Inc
3.951
10/15/50
1,369,105‌
260,000
MetLife,
Inc
3.600
11/13/25
258,107‌
625,000
MetLife,
Inc
5.000
07/15/52
618,640‌
3,920,000
MetLife,
Inc
3.850
N/A(f)
3,856,716‌
3,250,000
(d)
Panther
Escrow
Issuer
LLC
7.125
06/01/31
3,408,954‌
500,000
Principal
Financial
Group,
Inc
2.125
06/15/30
441,747‌
500,000
Prudential
Financial,
Inc
3.905
12/07/47
415,653‌
4,000,000
Prudential
Financial,
Inc
5.125
03/01/52
3,969,311‌
2,350,000
Prudential
Financial,
Inc
6.500
03/15/54
2,511,574‌
3,825,000
Reinsurance
Group
of
America,
Inc
5.750
09/15/34
4,029,296‌
500,000
(b),(d)
Residential
Reinsurance
2021
Ltd,
(3-Month
US
Treasury
Bill
+
2.710%)
7.312
06/06/25
501,750‌
500,000
(b),(d)
Residential
Reinsurance
2021
Ltd,
(3-Month
US
Treasury
Bill
+
3.880%)
8.482
06/06/25
502,250‌
285,000
(d)
Ryan
Specialty
LLC
5.875
08/01/32
289,748‌
900,000
(d)
Swiss
Re
Finance
Luxembourg
S.A.
5.000
04/02/49
913,622‌
1,725,000
Verisk
Analytics,
Inc
5.250
06/05/34
1,781,734‌
2,000,000
(b),(d)
Vitality
Re
XII
Ltd,
(3-Month
US
Treasury
Bill
+
2.250%)
2.250
01/07/25
2,000,200‌
1,500,000
(b),(d)
Vitality
Re
XIV
Ltd,
(3-Month
US
Treasury
Bill
+
3.500%)
8.102
01/05/27
1,521,450‌
1,850,000
(b),(d)
Vitality
Re
XV
Ltd,
(3-Month
US
Treasury
Bill
+
2.500%)
7.102
01/07/28
1,847,780‌
TOTAL
INSURANCE
64,293,821‌
MATERIALS
-
1.6%
2,650,000
Albemarle
Corp
4.650
06/01/27
2,661,673‌
270,000
Amcor
Flexibles
North
America,
Inc
3.100
09/15/26
262,421‌
1,200,000
Amcor
Flexibles
North
America,
Inc
2.630
06/19/30
1,079,273‌
3,700,000
Amcor
Flexibles
North
America,
Inc
2.690
05/25/31
3,267,864‌
2,300,000
AngloGold
Ashanti
Holdings
plc
3.375
11/01/28
2,166,773‌
1,500,000
AngloGold
Ashanti
Holdings
plc
3.750
10/01/30
1,386,827‌
1,400,000
(d)
Antofagasta
plc
6.250
05/02/34
1,489,796‌
1,445,000
(d)
Arsenal
AIC
Parent
LLC
8.000
10/01/30
1,550,605‌
400,000
(d)
Avient
Corp
6.250
11/01/31
410,051‌
3,570,000
Ball
Corp
6.875
03/15/28
3,696,903‌
2,425,000
Ball
Corp
2.875
08/15/30
2,158,285‌
5,375,000
Berry
Global,
Inc
1.570
01/15/26
5,172,196‌
3,125,000
Berry
Global,
Inc
1.650
01/15/27
2,933,672‌
1,500,000
(d)
Celulosa
Arauco
y
Constitucion
S.A.
4.250
04/30/29
1,457,155‌
500,000
(d),(e)
Cemex
SAB
de
C.V.
3.875
07/11/31
460,321‌
875,000
(d)
Cemex
SAB
de
C.V.
9.125
N/A(f)
954,446‌
1,125,000
(d)
Cleveland-Cliffs,
Inc
7.000
03/15/32
1,137,365‌
1,500,000
Commercial
Metals
Co
4.125
01/15/30
1,424,236‌
2,000,000
(d)
Corp
Nacional
del
Cobre
de
Chile
3.150
01/14/30
1,846,291‌
245
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MATERIALS
-
1.6%
(continued)
$
1,050,000
(d)
Corp
Nacional
del
Cobre
de
Chile
6.440
%
01/26/36
$
1,143,193‌
5,805,000
DowDuPont,
Inc
4.493
11/15/25
5,794,748‌
1,785,000
(d)
Freeport
Indonesia
PT
5.315
04/14/32
1,814,865‌
1,215,000
(d)
Inversiones
CMPC
S.A.
6.125
06/23/33
1,287,363‌
2,000,000
(d)
Kraton
Corp
5.000
07/15/27
2,038,469‌
725,000
(d)
LD
Celulose
International
GmbH
7.950
01/26/32
744,031‌
1,500,000
(d)
Limak
Cimento
Sanayi
ve
Ticaret
AS.
9.750
07/25/29
1,469,478‌
2,000,000
(d)
Mineral
Resources
Ltd
8.000
11/01/27
2,054,316‌
1,325,000
(d)
Mineral
Resources
Ltd
9.250
10/01/28
1,410,845‌
2,500,000
Nutrien
Ltd
2.950
05/13/30
2,325,151‌
1,920,000
(d)
OCI
NV
4.625
10/15/25
1,917,398‌
1,100,000
(d)
OCP
S.A.
3.750
06/23/31
985,875‌
1,075,000
(d)
OCP
S.A.
6.750
05/01/34
1,153,712‌
2,000,000
Olin
Corp
5.125
09/15/27
1,988,492‌
1,975,000
(d)
Orbia
Advance
Corp
SAB
de
C.V.
1.875
05/11/26
1,869,830‌
1,500,000
(e)
Sasol
Financing
USA
LLC
4.375
09/18/26
1,456,753‌
670,000
(d)
Sealed
Air
Corp
6.125
02/01/28
681,217‌
600,000
(d)
Sealed
Air
Corp
7.250
02/15/31
635,033‌
1,280,000
(d)
Sealed
Air
Corp
6.500
07/15/32
1,319,892‌
3,000,000
Suzano
Austria
GmbH
3.125
01/15/32
2,607,071‌
3,911,000
(d)
Tronox,
Inc
4.625
03/15/29
3,653,370‌
2,100,000
(d)
UltraTech
Cement
Ltd
2.800
02/16/31
1,850,607‌
TOTAL
MATERIALS
75,717,862‌
MEDIA
&
ENTERTAINMENT
-
1.9%
6,000,000
(d)
CCO
Holdings
LLC
5.125
05/01/27
5,905,297‌
1,800,000
(d)
CCO
Holdings
LLC
4.500
08/15/30
1,631,660‌
2,200,000
(e)
Charter
Communications
Operating
LLC
4.400
04/01/33
2,012,714‌
4,550,000
Charter
Communications
Operating
LLC
6.550
06/01/34
4,732,787‌
3,000,000
Charter
Communications
Operating
LLC
3.500
03/01/42
2,084,641‌
3,500,000
Charter
Communications
Operating
LLC
4.800
03/01/50
2,679,500‌
5,000,000
Comcast
Corp
4.150
10/15/28
5,007,791‌
2,975,000
Comcast
Corp
3.200
07/15/36
2,553,800‌
1,000,000
Comcast
Corp
3.900
03/01/38
902,595‌
15,185,000
Comcast
Corp
2.887
11/01/51
10,203,836‌
5,000,000
(d),(e)
CSC
Holdings
LLC
5.500
04/15/27
4,397,261‌
980,000
(d)
CSC
Holdings
LLC
11.250
05/15/28
946,011‌
985,000
(d)
DIRECTV
Holdings
LLC
5.875
08/15/27
967,105‌
2,000,000
(d)
DISH
Network
Corp
11.750
11/15/27
2,099,061‌
3,570,000
(d)
Gray
Television,
Inc
10.500
07/15/29
3,728,733‌
1,275,000
Lamar
Media
Corp
3.750
02/15/28
1,223,035‌
3,000,000
Lamar
Media
Corp
4.875
01/15/29
2,963,561‌
1,000,000
Lamar
Media
Corp
4.000
02/15/30
942,035‌
825,000
Lamar
Media
Corp
3.625
01/15/31
754,007‌
1,275,000
(d),(e)
LCPR
Senior
Secured
Financing
DAC
5.125
07/15/29
1,033,167‌
2,550,000
(d)
Live
Nation
Entertainment,
Inc
6.500
05/15/27
2,600,982‌
1,145,000
(d)
McGraw-Hill
Education,
Inc
7.375
09/01/31
1,188,021‌
825,000
(d)
News
Corp
3.875
05/15/29
780,303‌
3,500,000
Paramount
Global
6.375
03/30/62
3,237,452‌
590,000
(d)
Sirius
XM
Radio,
Inc
3.125
09/01/26
570,034‌
2,725,000
(d)
Sirius
XM
Radio,
Inc
4.000
07/15/28
2,570,886‌
1,575,000
(d)
Sirius
XM
Radio,
Inc
4.125
07/01/30
1,428,332‌
500,000
(d)
Sirius
XM
Radio,
Inc
3.875
09/01/31
435,635‌
3,000,000
(d)
Sunrise
FinCo
I
BV
4.875
07/15/31
2,838,540‌
1,230,000
Time
Warner
Cable
LLC
5.875
11/15/40
1,115,404‌
475,000
Time
Warner
Cable
LLC
4.500
09/15/42
363,978‌
1,275,000
(d)
Univision
Communications,
Inc
4.500
05/01/29
1,138,987‌
2,000,000
(d)
VZ
Secured
Financing
BV
5.000
01/15/32
1,840,487‌
5,000,000
Warnermedia
Holdings,
Inc
3.755
03/15/27
4,834,738‌
8,100,000
Warnermedia
Holdings,
Inc
5.141
03/15/52
6,247,324‌
Core
Plus
Bond
246
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MEDIA
&
ENTERTAINMENT
-
1.9%
(continued)
$
1,413,000
(d)
Ziff
Davis,
Inc
4.625
%
10/15/30
$
1,327,140‌
TOTAL
MEDIA
&
ENTERTAINMENT
89,286,840‌
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
-
1.2%
1,250,000
AbbVie,
Inc
3.200
11/21/29
1,195,378‌
3,450,000
AbbVie,
Inc
5.050
03/15/34
3,603,591‌
3,325,000
AbbVie,
Inc
4.050
11/21/39
3,071,349‌
2,500,000
AbbVie,
Inc
5.400
03/15/54
2,650,893‌
5,975,000
Amgen,
Inc
5.250
03/02/33
6,220,425‌
8,600,000
Amgen,
Inc
5.650
03/02/53
9,046,588‌
25,000
AstraZeneca
Finance
LLC
2.250
05/28/31
22,168‌
1,500,000
(d)
Avantor
Funding,
Inc
4.625
07/15/28
1,466,089‌
2,040,000
(d)
Avantor
Funding,
Inc
3.875
11/01/29
1,930,185‌
1,090,000
Danaher
Corp
2.800
12/10/51
747,239‌
1,675,000
Eli
Lilly
&
Co
5.000
02/09/54
1,702,921‌
4,750,000
Gilead
Sciences,
Inc
5.250
10/15/33
5,009,864‌
450,000
Gilead
Sciences,
Inc
4.000
09/01/36
423,055‌
600,000
Gilead
Sciences,
Inc
2.600
10/01/40
449,072‌
2,000,000
(e)
Gilead
Sciences,
Inc
5.550
10/15/53
2,146,886‌
900,000
Johnson
&
Johnson
3.400
01/15/38
807,899‌
2,000,000
(d)
Organon
Finance  LLC
4.125
04/30/28
1,923,175‌
3,150,000
(d),(e)
Organon
Finance  LLC
5.125
04/30/31
2,967,682‌
10,750,000
Pfizer
Investment
Enterprises
Pte
Ltd
5.300
05/19/53
11,120,270‌
3,000,000
Teva
Pharmaceutical
Finance
Netherlands
III
BV
3.150
10/01/26
2,883,620‌
TOTAL
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
59,388,349‌
REAL
ESTATE
MANAGEMENT
&
DEVELOPMENT
-
0.1%
1,850,000
(d)
Cushman
&
Wakefield
US
Borrower
LLC
6.750
05/15/28
1,866,781‌
1,400,000
(e)
Kennedy-Wilson,
Inc
4.750
03/01/29
1,295,960‌
1,475,000
(e)
Kennedy-Wilson,
Inc
5.000
03/01/31
1,324,162‌
TOTAL
REAL
ESTATE
MANAGEMENT
&
DEVELOPMENT
4,486,903‌
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
-
0.5%
3,000,000
(d)
Broadcom,
Inc
3.469
04/15/34
2,701,488‌
2,350,000
Broadcom,
Inc
4.800
10/15/34
2,348,049‌
8,558,000
(d)
Broadcom,
Inc
4.926
05/15/37
8,550,595‌
1,035,000
Intel
Corp
3.734
12/08/47
761,970‌
3,595,000
NVIDIA
Corp
2.000
06/15/31
3,177,800‌
1,425,000
NXP
BV
3.875
06/18/26
1,413,073‌
1,175,000
NXP
BV
4.400
06/01/27
1,178,310‌
725,000
NXP
BV
3.400
05/01/30
684,861‌
1,575,000
NXP
BV
3.125
02/15/42
1,181,589‌
505,000
Texas
Instruments,
Inc
4.150
05/15/48
450,184‌
TOTAL
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
22,447,919‌
SOFTWARE
&
SERVICES
-
0.8%
2,975,000
Adobe,
Inc
2.300
02/01/30
2,733,652‌
3,000,000
(d)
Ahead
DB
Holdings
LLC
6.625
05/01/28
2,902,887‌
265,000
(d)
CA
Magnum
Holdings
5.375
10/31/26
261,023‌
2,270,000
(d)
Gen
Digital,
Inc
6.750
09/30/27
2,332,367‌
3,000,000
Microsoft
Corp
2.400
08/08/26
2,925,236‌
875,000
Microsoft
Corp
3.400
09/15/26
868,517‌
1,165,000
Microsoft
Corp
3.300
02/06/27
1,154,563‌
1,100,000
Microsoft
Corp
1.350
09/15/30
957,635‌
1,149,000
Microsoft
Corp
2.525
06/01/50
788,709‌
565,000
(d)
Open
Text
Corp
6.900
12/01/27
595,943‌
2,830,000
(d)
Open
Text
Corp
3.875
12/01/29
2,630,742‌
550,000
(d)
Open
Text
Holdings,
Inc
4.125
02/15/30
516,263‌
4,300,000
Oracle
Corp
4.900
02/06/33
4,379,607‌
5,500,000
Oracle
Corp
5.375
09/27/54
5,496,641‌
1,300,000
Roper
Technologies,
Inc
1.400
09/15/27
1,204,085‌
4,100,000
Roper
Technologies,
Inc
2.000
06/30/30
3,601,819‌
3,525,000
Salesforce,
Inc
2.700
07/15/41
2,665,781‌
TOTAL
SOFTWARE
&
SERVICES
36,015,470‌
TECHNOLOGY
HARDWARE
&
EQUIPMENT
-
0.5%
1,470,000
Amphenol
Corp
2.800
02/15/30
1,359,933‌
247
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
TECHNOLOGY
HARDWARE
&
EQUIPMENT
-
0.5%
(continued)
$
5,575,000
Apple,
Inc
2.450
%
08/04/26
$
5,440,238‌
10,350,000
Apple,
Inc
2.050
09/11/26
10,016,132‌
1,000,000
Apple,
Inc
3.850
05/04/43
901,278‌
640,000
Apple,
Inc
4.650
02/23/46
635,339‌
875,000
Flex
Ltd
4.875
06/15/29
875,183‌
4,125,000
(d)
Imola
Merger
Corp
4.750
05/15/29
4,025,076‌
1,500,000
(d)
Lenovo
Group
Ltd
3.421
11/02/30
1,395,783‌
975,000
(d)
Sensata
Technologies
BV
4.000
04/15/29
929,446‌
TOTAL
TECHNOLOGY
HARDWARE
&
EQUIPMENT
25,578,408‌
TELECOMMUNICATION
SERVICES
-
2.3%
6,563,000
AT&T,
Inc
2.550
12/01/33
5,531,871‌
2,085,000
AT&T,
Inc
4.500
05/15/35
2,030,317‌
22,020,000
AT&T,
Inc
3.550
09/15/55
16,106,190‌
4,917,000
AT&T,
Inc
3.800
12/01/57
3,722,830‌
1,500,000
(d)
Bharti
Airtel
Ltd
3.250
06/03/31
1,370,345‌
3,200,000
(d)
C&W
Senior
Financing
Designated
Activity
Co
6.875
09/15/27
3,188,876‌
1,225,000
(d)
CT
Trust
5.125
02/03/32
1,123,142‌
2,575,000
(d)
Empresa
Nacional
de
Telecomunicaciones
S.A.
3.050
09/14/32
2,203,531‌
2,000,000
(d)
Frontier
Communications
Holdings
LLC
5.875
10/15/27
2,008,134‌
1,925,000
(d)
Iliad
Holding
SASU
6.500
10/15/26
1,945,984‌
893,000
(d)
Iliad
Holding
SASU
7.000
10/15/28
908,464‌
865,000
(d)
Iliad
Holding
SASU
8.500
04/15/31
930,399‌
5,000,000
(d)
Level
3
Financing,
Inc
10.500
05/15/30
5,381,250‌
1,500,000
(d)
Liberty
Costa
Rica
Senior
Secured
Finance
10.875
01/15/31
1,642,950‌
1,025,000
(d),(e)
Millicom
International
Cellular
S.A.
7.375
04/02/32
1,053,193‌
370,000
Orange
S.A.
5.375
01/13/42
374,851‌
220,000
(a),(d)
Sable
International
Finance
Ltd
7.125
10/15/32
220,825‌
3,575,000
(d)
Sitios
Latinoamerica
SAB
de
C.V.
5.375
04/04/32
3,470,865‌
1,175,000
(d)
Telecomunicaciones
Digitales
S.A.
4.500
01/30/30
1,074,750‌
1,150,000
Telefonica
Emisiones
S.A.
4.895
03/06/48
1,045,395‌
3,000,000
(d)
Telefonica
Moviles
Chile
S.A.
3.537
11/18/31
2,481,593‌
800,000
T-Mobile
USA,
Inc
2.250
02/15/26
777,813‌
10,850,000
T-Mobile
USA,
Inc
2.625
02/15/29
10,106,794‌
8,650,000
T-Mobile
USA,
Inc
3.875
04/15/30
8,411,871‌
3,750,000
T-Mobile
USA,
Inc
5.050
07/15/33
3,843,724‌
750,000
T-Mobile
USA,
Inc
3.000
02/15/41
575,998‌
3,000,000
T-Mobile
USA,
Inc
3.300
02/15/51
2,177,839‌
1,550,000
(d)
Turk
Telekomunikasyon
AS.
7.375
05/20/29
1,588,321‌
1,700,000
Verizon
Communications,
Inc
1.750
01/20/31
1,450,248‌
9,800,000
Verizon
Communications,
Inc
2.550
03/21/31
8,750,586‌
8,158,000
Verizon
Communications,
Inc
2.355
03/15/32
7,028,453‌
2,835,000
(d)
Vmed
O2
UK
Financing
I
plc
4.750
07/15/31
2,523,228‌
2,620,000
Vodafone
Group
plc
4.250
09/17/50
2,185,989‌
6,000,000
Vodafone
Group
plc
4.125
06/04/81
5,438,841‌
300,000
(a),(d)
Windstream
Escrow
LLC
8.250
10/01/31
304,990‌
TOTAL
TELECOMMUNICATION
SERVICES
112,980,450‌
TRANSPORTATION
-
0.9%
3,600,000
(d)
Adani
Ports
&
Special
Economic
Zone
Ltd
3.100
02/02/31
3,063,753‌
1,400,000
(d)
Aeropuerto
Internacional
de
Tocumen
S.A.
4.000
08/11/41
1,129,660‌
2,000,000
(d)
Aeropuertos
Dominicanos
Siglo
XXI
S.A.
7.000
06/30/34
2,094,800‌
5,000,000
(d)
Brightline
East
LLC
11.000
01/31/30
4,250,234‌
1,800,000
Burlington
Northern
Santa
Fe
LLC
3.050
02/15/51
1,297,022‌
5,500,000
Canadian
Pacific
Railway
Co
2.050
03/05/30
4,922,652‌
750,000
Canadian
Pacific
Railway
Co
3.100
12/02/51
535,391‌
2,750,000
(d)
Cargo
Aircraft
Management,
Inc
4.750
02/01/28
2,636,074‌
700,000
CSX
Corp
3.800
03/01/28
694,937‌
2,300,000
(d)
ENA
Master
Trust
4.000
05/19/48
1,742,480‌
1,110,000
(d)
Genesee
&
Wyoming,
Inc
6.250
04/15/32
1,141,468‌
2,000,000
(d)
Grupo
Aeromexico
SAB
de
C.V.
8.500
03/17/27
2,021,026‌
975,000
(d)
Kingston
Airport
Revenue
Finance
Ltd
6.750
12/15/36
1,010,587‌
646,924
(d)
Lima
Metro
Line
2
Finance
Ltd
4.350
04/05/36
606,305‌
2,260,000
(d)
Misc
Capital
Two
Labuan
Ltd
3.750
04/06/27
2,221,331‌
Core
Plus
Bond
248
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
TRANSPORTATION
-
0.9%
(continued)
$
3,200,000
(d)
Rumo
Luxembourg
Sarl
4.200
%
01/18/32
$
2,847,634‌
2,000,000
(d)
Transnet
SOC
Ltd
8.250
02/06/28
2,073,160‌
1,550,000
Union
Pacific
Corp
2.891
04/06/36
1,333,663‌
1,880,000
Union
Pacific
Corp
3.839
03/20/60
1,502,103‌
3,940,000
(d)
XPO,
Inc
6.250
06/01/28
4,029,611‌
TOTAL
TRANSPORTATION
41,153,891‌
UTILITIES
-
3.0%
2,030,000
(d)
Adani
Electricity
Mumbai
Ltd
3.867
07/22/31
1,769,907‌
325,000
AEP
Transmission
Co
LLC
3.100
12/01/26
317,763‌
350,000
AEP
Transmission
Co
LLC
4.000
12/01/46
299,633‌
2,285,000
AEP
Transmission
Co
LLC
2.750
08/15/51
1,508,700‌
700,000
Alabama
Power
Co
4.150
08/15/44
612,154‌
3,964,158
(d)
Alfa
Desarrollo
S.p.A
4.550
09/27/51
3,132,131‌
1,350,000
Ameren
Corp
1.750
03/15/28
1,241,197‌
3,000,000
Ameren
Illinois
Co
4.950
06/01/33
3,086,265‌
525,000
American
Water
Capital
Corp
3.000
12/01/26
511,805‌
1,927,000
American
Water
Capital
Corp
2.800
05/01/30
1,787,992‌
5,000,000
American
Water
Capital
Corp
2.300
06/01/31
4,389,382‌
500,000
American
Water
Capital
Corp
4.000
12/01/46
428,202‌
900,000
American
Water
Capital
Corp
3.750
09/01/47
733,691‌
3,100,000
Atmos
Energy
Corp
1.500
01/15/31
2,625,851‌
250,000
Atmos
Energy
Corp
4.125
10/15/44
220,916‌
3,450,000
(a)
Atmos
Energy
Corp
5.000
12/15/54
3,369,665‌
1,325,000
Baltimore
Gas
and
Electric
Co
3.750
08/15/47
1,073,584‌
7,100,000
Berkshire
Hathaway
Energy
Co
1.650
05/15/31
6,004,656‌
725,000
CenterPoint
Energy
Houston
Electric
LLC
3.000
03/01/32
653,257‌
525,000
(d)
Clearway
Energy
Operating
LLC
4.750
03/15/28
515,152‌
1,000,000
CMS
Energy
Corp
3.600
11/15/25
986,535‌
3,050,000
CMS
Energy
Corp
4.750
06/01/50
2,943,168‌
1,275,000
(d)
Comision
Federal
de
Electricidad
5.700
01/24/30
1,277,805‌
1,650,000
Commonwealth
Edison
Co
2.750
09/01/51
1,088,865‌
4,350,000
Consolidated
Edison
Co
of
New
York,
Inc
5.700
05/15/54
4,711,043‌
740,000
(e)
Consumers
Energy
Co
2.650
08/15/52
493,930‌
1,750,000
Consumers
Energy
Co
4.200
09/01/52
1,539,739‌
1,500,000
(d)
Continuum
Green
Energy
India
Pvt
7.500
06/26/33
1,575,000‌
755,000
Dominion
Energy,
Inc
2.250
08/15/31
653,116‌
3,375,000
Dominion
Energy,
Inc
3.300
04/15/41
2,613,490‌
1,700,000
Dominion
Energy,
Inc
7.000
06/01/54
1,856,106‌
750,000
DTE
Electric
Co
3.650
03/01/52
597,674‌
1,875,000
DTE
Electric
Co
5.400
04/01/53
1,968,752‌
250,000
Duke
Energy
Corp
3.300
06/15/41
196,904‌
875,000
Duke
Energy
Corp
3.750
09/01/46
695,141‌
5,000,000
Duke
Energy
Florida
LLC
3.400
10/01/46
3,858,340‌
1,300,000
(d)
Electricidad
Firme
de
Mexico
Holdings
S.A.
de
C.V.
4.900
11/20/26
1,260,050‌
1,500,000
(d)
Empresa
de
Transmision
Electrica
S.A.
5.125
05/02/49
1,178,142‌
2,525,000
(d)
Empresas
Publicas
de
Medellin
ESP
4.250
07/18/29
2,304,626‌
1,800,000
(d)
EnfraGen
Energia
Sur
S.A.
5.375
12/30/30
1,550,734‌
3,125,000
Enterprise
Products
Operating
LLC
3.700
01/31/51
2,431,846‌
3,450,000
(d)
Eskom
Holdings
SOC
Ltd
8.450
08/10/28
3,653,173‌
1,645,000
(d)
Ferrellgas
LP
5.375
04/01/26
1,641,178‌
2,225,000
(d)
Ferrellgas
LP
5.875
04/01/29
2,082,132‌
2,000,000
(d)
FIEMEX
Energia-Banco
Actinver
S.A.
Institucion
de
Banca
Multiple
7.250
01/31/41
2,085,400‌
3,225,000
Florida
Power
&
Light
Co
4.800
05/15/33
3,301,213‌
1,270,000
Florida
Power
&
Light
Co
3.990
03/01/49
1,083,734‌
750,000
Indiana
Michigan
Power
Co
3.750
07/01/47
595,839‌
1,140,000
Indiana
Michigan
Power
Co
3.250
05/01/51
816,170‌
2,000,000
(d)
Israel
Electric
Corp
Ltd
4.250
08/14/28
1,918,702‌
1,250,000
(d)
Israel
Electric
Corp
Ltd
3.750
02/22/32
1,098,097‌
1,525,000
(d),(e)
Kallpa
Generacion
SA
4.125
08/16/27
1,499,127‌
2,400,000
(d)
Korea
Southern
Power
Co
Ltd
0.750
01/27/26
2,288,894‌
775,000
MidAmerican
Energy
Co
3.650
04/15/29
761,363‌
1,550,000
MidAmerican
Energy
Co
3.650
08/01/48
1,245,977‌
249
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
UTILITIES
-
3.0%
(continued)
$
1,000,000
Nevada
Power
Co
5.450
%
05/15/41
$
1,034,534‌
8,135,000
NiSource,
Inc
1.700
02/15/31
6,867,759‌
1,400,000
Northern
States
Power
Co
3.600
09/15/47
1,124,714‌
1,955,000
(d)
NRG
Energy,
Inc
2.450
12/02/27
1,831,594‌
1,350,000
NRG
Energy,
Inc
5.750
01/15/28
1,360,044‌
500,000
NSTAR
Electric
Co
3.950
04/01/30
494,969‌
1,550,000
Ohio
Power
Co
4.150
04/01/48
1,294,336‌
1,365,000
Ohio
Power
Co
4.000
06/01/49
1,118,395‌
600,000
(d)
Pattern
Energy
Operations
LP
4.500
08/15/28
580,433‌
825,000
PECO
Energy
Co
3.000
09/15/49
584,807‌
2,325,000
PECO
Energy
Co
2.800
06/15/50
1,579,969‌
50,000
Potomac
Electric
Power
Co
7.900
12/15/38
65,608‌
550,000
Public
Service
Co
of
Colorado
4.750
08/15/41
522,238‌
1,410,000
Public
Service
Co
of
Colorado
4.050
09/15/49
1,167,372‌
1,700,000
Public
Service
Electric
and
Gas
Co
4.900
12/15/32
1,758,902‌
4,000,000
Public
Service
Electric
and
Gas
Co
5.450
03/01/54
4,246,752‌
8,400,000
Sempra
4.875
N/A(f)
8,309,839‌
2,077,581
(d)
Solar
Star
Funding
LLC
3.950
06/30/35
1,933,413‌
75,000
Southern
Co
Gas
Capital
Corp
3.875
11/15/25
74,396‌
625,000
Southern
Co
Gas
Capital
Corp
4.400
06/01/43
559,508‌
425,000
Southern
Co
Gas
Capital
Corp
3.950
10/01/46
350,206‌
550,000
(d)
Superior
Plus
LP
4.500
03/15/29
521,480‌
2,815,000
(d)
Talen
Energy
Supply
LLC
8.625
06/01/30
3,067,849‌
2,000,000
(d)
TerraForm
Power
Operating
LLC
4.750
01/15/30
1,914,076‌
1,465,009
(d)
UEP
Penonome
II
S.A.
6.500
10/01/38
1,269,413‌
1,575,000
Union
Electric
Co
5.450
03/15/53
1,644,041‌
975,000
Union
Electric
Co
5.125
03/15/55
971,862‌
650,000
Virginia
Electric
and
Power
Co
2.950
11/15/26
635,503‌
775,000
Virginia
Electric
and
Power
Co
3.800
09/15/47
629,495‌
1,775,000
Virginia
Electric
and
Power
Co
5.550
08/15/54
1,865,673‌
1,500,000
Wisconsin
Power
and
Light
Co
4.950
04/01/33
1,531,418‌
850,000
Wisconsin
Power
and
Light
Co
4.100
10/15/44
717,069‌
215,000
Xcel
Energy,
Inc
4.800
09/15/41
197,802‌
TOTAL
UTILITIES
145,959,377‌
TOTAL
CORPORATE
BONDS
(Cost
$1,912,823,808)
1,853,407,788‌
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
GOVERNMENT
BONDS
-
41.6%
FOREIGN
GOVERNMENT
BONDS
-
2.7%
2,675,000
(d)
Angolan
Government
International
Bond
8.750
04/14/32
2,398,694‌
INR
70,000,000
Asian
Development
Bank
6.200
10/06/26
831,504‌
1,780,000
(d)
Bank
Gospodarstwa
Krajowego
5.375
05/22/33
1,827,330‌
550,000
(d)
Banque
Ouest
Africaine
de
Developpement
5.000
07/27/27
537,625‌
1,950,000
(d)
Banque
Ouest
Africaine
de
Developpement
4.700
10/22/31
1,759,680‌
EUR
1,575,000
(d)
Banque
Ouest
Africaine
de
Developpement
2.750
01/22/33
1,455,585‌
287,000
(d)
Barbados
Government
International
Bond
6.500
10/01/29
274,802‌
1,500,000
(d)
BNG
Bank
NV
1.500
10/16/24
1,497,975‌
BRL
4,850,000
Brazil
Notas
do
Tesouro
Nacional
Serie
F
10.000
01/01/29
825,779‌
BRL
5,100,000
Brazil
Notas
do
Tesouro
Nacional
Serie
F
10.000
01/01/33
830,970‌
1,705,000
Brazilian
Government
International
Bond
6.000
10/20/33
1,728,281‌
1,500,000
Brazilian
Government
International
Bond
4.750
01/14/50
1,146,067‌
1,050,000
Brazilian
Government
International
Bond
7.125
05/13/54
1,086,348‌
3,575,000
Chile
Government
International
Bond
2.550
01/27/32
3,154,948‌
1,400,000
Chile
Government
International
Bond
3.500
01/31/34
1,286,291‌
1,925,000
Colombia
Government
International
Bond
3.250
04/22/32
1,550,904‌
825,000
Colombia
Government
International
Bond
8.000
11/14/35
879,304‌
1,500,000
Colombia
Government
International
Bond
5.000
06/15/45
1,103,697‌
COP
2,290,000,000
Colombian
TES
7.250
10/18/34
449,560‌
1,850,000
(d)
Costa
Rica
Government
International
Bond
5.625
04/30/43
1,730,364‌
DOP
84,000,000
(d)
Dominican
Republic
Government
International
Bond
12.000
03/05/32
1,546,791‌
600,000
(d)
Dominican
Republic
Government
International
Bond
4.875
09/23/32
570,448‌
Core
Plus
Bond
250
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
FOREIGN
GOVERNMENT
BONDS
(continued)
$
3,850,000
(d)
Dominican
Republic
Government
International
Bond
5.875
%
01/30/60
$
3,603,946‌
928,125
(d)
Ecuador
Government
International
Bond
(Step
Bond)
5.000
07/31/30
673,918‌
650,162
(d)
Ecuador
Government
International
Bond
(Step
Bond)
1.000
07/31/35
368,584‌
188,000
(d)
Ecuador
Government
International
Bond
(Step
Bond)
5.000
07/31/40
96,691‌
1,500,000
(d)
Egypt
Government
International
Bond
7.053
01/15/32
1,298,271‌
2,475,000
(d)
Egypt
Government
International
Bond
8.500
01/31/47
1,995,097‌
2,250,000
(d)
Egypt
Government
International
Bond
8.875
05/29/50
1,858,556‌
INR
45,000,000
European
Bank
for
Reconstruction
&
Development
6.300
10/26/27
531,880‌
1,375,000
(d)
Export-Import
Bank
of
India
3.875
02/01/28
1,350,577‌
2,000,000
(d)
Export-Import
Bank
of
India
2.250
01/13/31
1,738,528‌
2,200,000
(d)
Ghana
Government
International
Bond
8.125
03/26/32
1,165,538‌
950,000
(d)
Guatemala
Government
Bond
3.700
10/07/33
814,093‌
600,000
(d)
Guatemala
Government
Bond
6.125
06/01/50
573,226‌
1,250,000
(d)
Honduras
Government
International
Bond
5.625
06/24/30
1,105,625‌
710,000
(d)
Hungary
Government
International
Bond
6.125
05/22/28
740,175‌
725,000
(d)
Hungary
Government
International
Bond
5.250
06/16/29
735,317‌
425,000
(d)
Hungary
Government
International
Bond
2.125
09/22/31
352,231‌
225,000
Indonesia
Government
International
Bond
3.550
03/31/32
211,729‌
IDR
14,160,000,000
International
Bank
for
Reconstruction
&
Development
6.250
01/19/29
944,511‌
1,028,125
(d)
Iraq
Government
International
Bond
5.800
01/15/28
996,296‌
1,500,000
Israel
Government
International
Bond
5.375
03/12/29
1,524,195‌
EUR
125,000
(d)
Ivory
Coast
Government
International
Bond
4.875
01/30/32
122,783‌
1,375,000
(d)
Ivory
Coast
Government
International
Bond
8.250
01/30/37
1,414,473‌
760,417
(d)
Ivory
Coast
Government
International
Bond
(Step
Bond)
5.750
12/31/32
726,431‌
1,675,000
Jamaica
Government
International
Bond
6.750
04/28/28
1,766,958‌
1,500,000
Jamaica
Government
International
Bond
8.000
03/15/39
1,853,410‌
500,000
(d)
Jordan
Government
International
Bond
7.500
01/13/29
507,780‌
875,000
(d)
Jordan
Government
International
Bond
7.375
10/10/47
809,375‌
925,000
(d)
Kazakhstan
Government
International
Bond
6.500
07/21/45
1,096,046‌
2,500,000
(d)
Kenya
Government
International
Bond
7.000
05/22/27
2,453,555‌
445,000
(d)
Magyar
Export-Import
Bank
Zrt
6.125
12/04/27
457,264‌
MYR
1,450,000
Malaysia
Government
Bond
3.828
07/05/34
354,425‌
MXN
18,000,000
Mexican
Bonos
5.750
03/05/26
867,401‌
MXN
16,300,000
Mexican
Bonos
8.500
11/18/38
761,671‌
550,000
Mexico
Government
International
Bond
5.400
02/09/28
561,633‌
525,000
Mexico
Government
International
Bond
3.250
04/16/30
481,390‌
1,859,000
Mexico
Government
International
Bond
6.050
01/11/40
1,877,750‌
3,000,000
Mexico
Government
International
Bond
4.280
08/14/41
2,447,830‌
2,325,000
Mexico
Government
International
Bond
5.000
04/27/51
1,959,199‌
2,500,000
Mexico
Government
International
Bond
6.400
05/07/54
2,500,928‌
500,000
(d)
Mongolia
Government
International
Bond
5.125
04/07/26
492,744‌
2,575,000
(d)
Morocco
Government
International
Bond
5.500
12/11/42
2,442,866‌
525,000
(d)
Morocco
Government
International
Bond
4.000
12/15/50
387,240‌
850,000
(d)
Nigeria
Government
International
Bond
8.375
03/24/29
822,975‌
1,250,000
(d)
Nigeria
Government
International
Bond
7.375
09/28/33
1,062,300‌
1,500,000
(d)
Oman
Government
International
Bond
7.375
10/28/32
1,721,898‌
525,000
(d)
Oman
Government
International
Bond
6.500
03/08/47
552,952‌
2,675,000
(d)
OPEC
Fund
for
International
Development
4.500
01/26/26
2,682,755‌
1,500,000
Oriental
Republic
of
Uruguay
5.250
09/10/60
1,500,368‌
1,800,000
Panama
Bonos
del
Tesoro
3.362
06/30/31
1,469,898‌
2,250,000
Panama
Government
International
Bond
4.500
04/01/56
1,616,269‌
500,000
(d)
Paraguay
Government
International
Bond
6.000
02/09/36
527,097‌
1,475,000
(d)
Paraguay
Government
International
Bond
5.400
03/30/50
1,374,069‌
780,000
Peruvian
Government
International
Bond
5.875
08/08/54
817,597‌
3,040,000
Philippine
Government
International
Bond
4.200
03/29/47
2,716,848‌
1,769,555
(d)
Provincia
de
Buenos
Aires
(Step
Bond)
6.375
09/01/37
840,539‌
5,000,000
Republic
of
Italy
Government
International
Bond
4.000
10/17/49
3,837,500‌
1,000,000
(d)
Republic
of
Kenya
Government
International
Bond
9.750
02/16/31
1,010,700‌
575,000
(d)
Republic
of
Kenya
Government
International
Bond
6.300
01/23/34
470,255‌
PLN
3,775,000
Republic
of
Poland
Government
International
Bond
6.000
10/25/33
1,037,196‌
3,248,000
Republic
of
Poland
Government
International
Bond
5.500
04/04/53
3,322,925‌
1,500,000
Republic
of
South
Africa
Government
International
Bond
4.300
10/12/28
1,451,850‌
251
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
FOREIGN
GOVERNMENT
BONDS
(continued)
ZAR
9,300,000
Republic
of
South
Africa
Government
International
Bond
8.750
%
01/31/44
$
450,841‌
$
2,150,000
Republic
of
South
Africa
Government
International
Bond
5.375
07/24/44
1,787,994‌
UZS
5,990,000,000
(d)
Republic
of
Uzbekistan
International
Bond
16.625
05/29/27
453,461‌
1,115,000
(d)
Republic
of
Uzbekistan
International
Bond
7.850
10/12/28
1,178,416‌
1,000,000
(d)
Republic
of
Uzbekistan
International
Bond
3.700
11/25/30
861,890‌
1,000,000
(d)
Romanian
Government
International
Bond
5.250
11/25/27
1,007,740‌
750,000
(d),(h)
Romanian
Government
International
Bond
5.875
01/30/29
768,137‌
1,425,000
(d)
Romanian
Government
International
Bond
4.000
02/14/51
1,037,828‌
3,150,000
(d)
Rwanda
International
Government
Bond
5.500
08/09/31
2,604,641‌
2,050,000
(d)
Saudi
Government
International
Bond
5.000
01/16/34
2,099,159‌
2,000,000
(d)
Saudi
Government
International
Bond
3.750
01/21/55
1,477,750‌
1,425,000
(d)
Senegal
Government
International
Bond
6.750
03/13/48
1,053,680‌
1,225,000
(d)
Serbia
Government
International
Bond
2.125
12/01/30
1,027,541‌
1,400,000
(d)
Serbia
Government
International
Bond
6.500
09/26/33
1,498,054‌
2,400,000
State
of
Israel
3.800
05/13/60
1,668,655‌
1,000,000
Turkiye
Government
International
Bond
7.125
07/17/32
1,031,838‌
1,575,000
(e)
Turkiye
Government
International
Bond
7.625
05/15/34
1,671,489‌
2,100,000
(a)
Turkiye
Government
International
Bond
6.500
01/03/35
2,059,050‌
31,684
(d)
Ukraine
Government
International
Bond
0.000
02/01/30
13,783‌
118,400
(d)
Ukraine
Government
International
Bond
0.000
02/01/34
40,078‌
188,513
(d)
Ukraine
Government
International
Bond
1.750
02/01/34
83,511‌
100,057
(d)
Ukraine
Government
International
Bond
0.000
02/01/35
43,575‌
203,014
(d)
Ukraine
Government
International
Bond
1.750
02/01/35
87,499‌
83,380
(d)
Ukraine
Government
International
Bond
0.000
02/01/36
35,916‌
188,513
(d)
Ukraine
Government
International
Bond
1.750
02/01/36
80,344‌
741,251
(d)
Zambia
Government
International
Bond
5.750
06/30/33
653,228‌
695,891
(d)
Zambia
Government
International
Bond
0.500
12/31/53
341,937‌
TOTAL
FOREIGN
GOVERNMENT
BONDS
131,449,109‌
MORTGAGE
BACKED
-
24.4%
1,511,805
(b),(d)
Bayview
MSR
Opportunity
Master
Fund
Trust
3.000
10/25/51
1,308,786‌
93,124
Citicorp
Mortgage
Securities,
Inc
5.500
07/25/35
91,540‌
32,899,231
(b),(d)
Citigroup
Mortgage
Loan
Trust
0.155
02/25/52
284,644‌
3,687,671
(b),(d)
Citigroup
Mortgage
Loan
Trust
0.250
02/25/52
52,804‌
7,555,870
(b),(d)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
+
3.100%)
8.380
03/25/42
7,879,707‌
3,600,000
(b),(d)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
+
9.850%)
14.823
03/25/42
4,091,325‌
8,665,000
(b),(d)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
+
4.650%)
9.913
06/25/42
9,378,114‌
1,525,000
(b),(d)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
+
3.350%)
8.630
01/25/43
1,609,797‌
1,340,000
(b),(d)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
+
3.550%)
8.813
05/25/43
1,434,159‌
800,000
(b),(d)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
+
5.350%)
10.613
05/25/43
883,278‌
1,515,000
(b),(d)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
+
3.100%)
8.363
06/25/43
1,591,003‌
425,000
(b),(d)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
+
6.850%)
12.113
06/25/43
473,947‌
2,665,000
(b),(d)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
+
3.900%)
9.188
07/25/43
2,825,872‌
2,170,000
(b),(d)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
+
3.550%)
8.830
10/25/43
2,278,479‌
24,200
Countrywide
Alternative
Loan
Trust
5.000
12/25/56
9,796‌
266,106
(b)
Countrywide
Home
Loan
Mortgage
Pass
Through
Trust
5.808
11/20/34
256,693‌
14,102
Countrywide
Home
Loan
Mortgage
Pass
Through
Trust
5.250
09/25/35
13,660‌
1,768,963
(b)
Fannie
Mae
REMICS,
(SOFR30A
+
5.836%)
0.555
09/25/43
262,044‌
1,259,112
Fannie
Mae
REMICS
3.000
07/25/45
1,149,639‌
2,486,876
Fannie
Mae
REMICS
3.500
02/25/48
2,249,066‌
1,816,141
Fannie
Mae
REMICS
4.000
07/25/48
1,738,329‌
4,785,898
Fannie
Mae
REMICS
2.000
08/25/50
626,079‌
3,876,935
Fannie
Mae
REMICS
2.000
10/25/50
2,725,621‌
11,964,091
Fannie
Mae
REMICS
2.500
11/25/50
1,704,388‌
4,084,339
Fannie
Mae
REMICS
3.000
12/25/50
709,549‌
74,943
Fannie
Mae
REMICS
3.000
02/25/51
12,628‌
4,747,587
Fannie
Mae
REMICS
2.500
11/25/51
583,759‌
6,371,028
Fannie
Mae
REMICS
3.500
04/25/52
5,145,741‌
1,521,768
Fannie
Mae
REMICS
4.000
05/25/52
1,280,477‌
4,038,189
Fannie
Mae
REMICS
4.500
07/25/52
4,004,220‌
2,380,775
Fannie
Mae
REMICS
4.500
08/25/52
2,119,244‌
2,097,434
Fannie
Mae
REMICS
4.000
09/25/52
1,938,526‌
1,804,011
Fannie
Mae
REMICS
4.000
09/25/52
1,591,145‌
Core
Plus
Bond
252
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MORTGAGE
BACKED
(continued)
$
1,985,592
Fannie
Mae
REMICS
4.500
%
10/25/52
$
1,956,172‌
1,739,444
Fannie
Mae
REMICS
4.500
10/25/52
1,663,311‌
3,188,300
Fannie
Mae
REMICS
5.500
11/25/52
3,262,552‌
32,225,379
Federal
Home
Loan
Mortgage
Corp
(FHLMC)
3.000
11/01/49
29,403,501‌
4,271,511
FHLMC
2.500
11/01/51
3,701,055‌
3,352,975
FHLMC
3.000
11/01/51
3,058,108‌
5,130,560
FHLMC
3.000
11/01/51
4,697,708‌
638,867
FHLMC
3.000
11/01/51
586,748‌
941,339
FHLMC
3.000
11/01/51
862,445‌
2,840,033
FHLMC
3.000
02/01/52
2,554,562‌
3,849,728
FHLMC
3.000
03/01/52
3,461,349‌
5,721,792
FHLMC
2.500
04/01/52
4,984,584‌
2,124,239
FHLMC
3.000
04/01/52
1,933,292‌
2,922,460
FHLMC
4.000
04/01/52
2,811,038‌
3,506,868
FHLMC
3.500
05/01/52
3,281,537‌
488,642
FHLMC
3.000
06/01/52
441,404‌
4,856,438
FHLMC
3.000
06/01/52
4,365,614‌
412,995
FHLMC
3.500
06/01/52
386,183‌
5,979,828
FHLMC
4.500
06/01/52
5,885,627‌
6,201,704
FHLMC
4.500
07/01/52
6,098,540‌
5,945,592
FHLMC
4.500
07/01/52
5,851,930‌
212,564
FHLMC
3.000
10/01/52
191,004‌
2,527,551
FHLMC
3.500
12/01/52
2,353,880‌
12,353,727
FHLMC
5.500
08/01/53
12,509,979‌
283
Federal
Home
Loan
Mortgage
Corp
Gold
(FGLMC)
8.000
01/01/31
284‌
81,461
FGLMC
7.000
12/01/33
85,364‌
13,826
FGLMC
4.500
10/01/34
13,714‌
21,711
FGLMC
7.000
05/01/35
22,822‌
805,270
FGLMC
5.000
06/01/36
827,109‌
324,719
FGLMC
4.500
10/01/44
325,636‌
55,909
FGLMC
4.500
11/01/44
56,066‌
101,313
FGLMC
4.500
11/01/44
101,599‌
53,500
FGLMC
4.500
12/01/44
53,651‌
52,043
FGLMC
4.500
12/01/44
51,704‌
478,394
FGLMC
3.500
04/01/45
457,391‌
1,744,246
FGLMC
3.500
08/01/45
1,673,493‌
988,656
FGLMC
3.500
10/01/45
940,843‌
1,127,923
FGLMC
4.500
06/01/47
1,132,331‌
1,062,802
FGLMC
4.000
09/01/47
1,040,178‌
1,266,331
FGLMC
3.500
12/01/47
1,202,399‌
6,910,753
FGLMC
4.500
08/01/48
6,939,735‌
7
Federal
National
Mortgage
Association
(FNMA)
9.000
11/01/25
7‌
1,384
FNMA
7.000
05/01/26
1,437‌
5,475
FNMA
7.000
07/25/26
5,468‌
375
FNMA
7.500
01/01/29
381‌
215
FNMA
7.500
02/01/30
221‌
744,768
FNMA
3.500
05/01/32
736,045‌
86,982
FNMA
7.000
07/01/32
90,936‌
20,482
FNMA
7.000
07/01/32
21,283‌
22,739
FNMA
4.500
10/01/33
22,729‌
1,042,001
FNMA
5.000
05/01/35
1,068,350‌
617,454
FNMA
5.000
10/01/35
633,379‌
468,856
FNMA
5.000
02/01/36
481,143‌
483,904
FNMA
5.500
11/01/38
499,548‌
4,824,532
FNMA
3.000
05/01/40
4,545,575‌
1,635,147
FNMA
3.500
05/01/40
1,591,631‌
152,241
FNMA
5.000
09/01/40
156,839‌
325,096
FNMA
5.000
05/01/41
334,787‌
2,098,001
FNMA
4.000
09/01/42
2,061,488‌
305,761
(b)
FNMA
2.494
12/25/42
156,583‌
524,447
FNMA
4.500
02/01/44
525,916‌
134,151
FNMA
4.500
03/01/44
135,409‌
253
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MORTGAGE
BACKED
(continued)
$
5,059,386
FNMA
4.000
%
05/01/44
$
4,996,295‌
504,510
FNMA
4.500
06/01/44
505,924‌
1,512,973
FNMA
4.500
10/01/44
1,515,578‌
400,719
FNMA
5.000
11/01/44
412,790‌
407,826
FNMA
4.000
01/01/45
400,727‌
141,706
FNMA
4.500
03/01/45
141,950‌
1,118,803
FNMA
3.500
05/01/45
1,072,232‌
522,479
FNMA
3.500
01/01/46
496,660‌
348,789
FNMA
4.000
04/01/46
342,716‌
249,517
FNMA
3.500
06/01/46
236,952‌
2,857,863
FNMA
3.500
07/01/46
2,714,333‌
3,452,351
FNMA
3.500
07/01/46
3,296,419‌
67,616
FNMA
3.000
08/01/46
62,037‌
1,349,036
FNMA
3.000
10/01/46
1,216,042‌
955,880
FNMA
3.500
10/01/46
907,358‌
1,344,448
FNMA
4.500
05/01/47
1,359,809‌
1,022,914
FNMA
3.500
11/01/47
975,121‌
8,577,016
FNMA
3.500
01/01/48
8,130,214‌
4,455,177
FNMA
4.500
01/01/48
4,468,941‌
854,851
FNMA
4.500
02/01/48
857,410‌
2,935,077
FNMA
4.500
05/01/48
2,943,864‌
2,077,311
FNMA
4.500
05/01/48
2,083,532‌
5,429,234
FNMA
2.500
08/01/51
4,737,344‌
3,056,568
FNMA
3.000
09/01/51
2,789,615‌
3,999,234
FNMA
2.500
12/01/51
3,487,576‌
8,066,775
FNMA
2.500
02/01/52
7,047,880‌
1,848,434
FNMA
2.500
02/01/52
1,612,714‌
14,111,917
FNMA
3.500
02/01/52
13,330,755‌
7,160,721
FNMA
3.000
04/01/52
6,495,016‌
843,009
FNMA
3.500
04/01/52
785,294‌
2,763,294
FNMA
3.000
05/01/52
2,508,885‌
25,053,152
FNMA
4.000
05/01/52
24,095,558‌
8,565,758
FNMA
3.500
06/01/52
8,015,871‌
4,922,991
FNMA
3.500
06/01/52
4,590,833‌
10,157,333
FNMA
4.000
06/01/52
9,753,892‌
2,881,345
FNMA
4.500
06/01/52
2,835,982‌
29,496,533
FNMA
4.000
07/01/52
28,348,595‌
20,141,196
FNMA
4.000
07/01/52
19,356,397‌
1,790,983
FNMA
4.500
07/01/52
1,762,784‌
2,652,332
FNMA
4.500
07/01/52
2,610,574‌
16,353,909
FNMA
4.500
07/01/52
16,091,571‌
24,550,366
FNMA
5.000
08/01/52
24,592,224‌
56,588,217
FNMA
4.000
09/01/52
54,366,154‌
74,662,974
FNMA
4.500
09/01/52
73,435,717‌
16,984,814
FNMA
5.000
09/01/52
17,008,963‌
24,942,025
FNMA
4.000
10/01/52
23,966,284‌
17,564,663
FNMA
4.500
10/01/52
17,274,211‌
8,581,558
FNMA
5.000
10/01/52
8,587,086‌
4,220,473
FNMA
4.000
11/01/52
4,056,188‌
33,746,441
FNMA
4.500
11/01/52
33,188,417‌
5,398,792
FNMA
5.500
12/01/52
5,473,728‌
143,623
FNMA
5.000
01/01/53
143,745‌
13,173,163
FNMA
5.000
02/01/53
13,175,952‌
8,343,040
FNMA
5.500
02/01/53
8,442,562‌
15,887,306
FNMA
5.000
04/01/53
15,889,442‌
2,909,833
FNMA
5.000
06/01/53
2,934,952‌
16,231,154
FNMA
5.500
06/01/53
16,420,173‌
27,402,179
FNMA
5.000
08/01/53
27,384,697‌
44,754,718
FNMA
5.500
10/01/53
45,272,470‌
37,478,291
FNMA
5.500
05/01/54
37,916,719‌
3,701,775
Freddie
Mac
REMICS
3.500
01/15/47
3,360,299‌
695,180
Freddie
Mac
REMICS
4.000
10/15/47
665,883‌
Core
Plus
Bond
254
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MORTGAGE
BACKED
(continued)
$
1,257,001
Freddie
Mac
REMICS
4.000
%
11/15/47
$
1,212,145‌
3,515,943
Freddie
Mac
REMICS
4.000
01/15/48
3,391,176‌
3,454,825
Freddie
Mac
REMICS
4.000
03/15/48
3,322,738‌
3,167,100
Freddie
Mac
REMICS
4.000
04/15/48
3,029,317‌
1,038,244
Freddie
Mac
REMICS
4.000
04/15/48
1,001,323‌
2,614,152
(b)
Freddie
Mac
REMICS,
(SOFR30A
+
9.737%)
1.190
06/15/48
2,564,120‌
1,855,170
(b)
Freddie
Mac
REMICS,
(SOFR30A
+
9.657%)
1.110
10/15/48
1,710,071‌
3,065,182
Freddie
Mac
REMICS
2.000
09/25/50
2,120,448‌
2,085,147
Freddie
Mac
REMICS
2.000
09/25/50
272,517‌
2,850,119
Freddie
Mac
REMICS
3.000
10/25/50
2,153,995‌
13,647,482
Freddie
Mac
REMICS
2.500
02/25/51
2,295,044‌
3,626,616
Freddie
Mac
REMICS
2.500
05/25/51
2,411,095‌
1,461,104
Freddie
Mac
REMICS
4.000
08/25/52
1,260,272‌
2,680,276
Freddie
Mac
REMICS
4.500
10/25/52
2,573,685‌
3,238,291
Freddie
Mac
REMICS
5.500
11/25/52
3,340,664‌
1,652,517
Freddie
Mac
REMICS
5.500
02/25/53
1,716,683‌
2,000,000
(b),(d)
Freddie
Mac
STACR
REMIC
Trust,
(SOFR30A
+
7.500%)
12.780
10/25/41
2,156,979‌
4,982,000
(b),(d)
Freddie
Mac
STACR
REMIC
Trust,
(SOFR30A
+
8.500%)
13.788
02/25/42
5,493,306‌
1,227,903
(b)
Freddie
Mac
Strips,
(SOFR30A
+
5.806%)
0.463
03/15/44
133,340‌
4,230,000
(b),(d)
Freddie
Mac
Structured
Agency
Credit
Risk
Debt
Notes,
(SOFR30A
+
7.100%)
12.380
01/25/42
4,521,007‌
35,142
Government
National
Mortgage
Association
(GNMA)
5.000
02/15/33
35,199‌
64,117
GNMA
5.000
09/15/33
66,009‌
2,957,756
GNMA
3.700
10/15/33
2,905,671‌
6,648
GNMA
5.500
04/15/34
6,882‌
8,637
GNMA
5.000
04/15/38
8,857‌
6,709,429
GNMA
5.000
01/20/40
1,412,704‌
3,086,731
GNMA
4.500
03/20/40
554,715‌
5,020,942
GNMA
5.000
03/20/40
1,001,338‌
3,338,028
GNMA
2.500
12/20/43
3,000,395‌
1,196,360
GNMA
3.000
03/20/45
1,081,980‌
768,656
GNMA
4.500
12/20/45
786,398‌
1,836,522
GNMA
4.000
06/20/46
218,384‌
1,760,400
GNMA
5.000
09/20/46
330,830‌
2,679,395
(b)
GNMA,
(TSFR1M
+
5.986%)
1.025
03/20/50
434,386‌
5,486,405
GNMA
3.000
11/20/51
4,186,118‌
7,801,922
GNMA
3.000
12/20/51
5,938,419‌
5,105,944
GNMA
3.000
01/20/52
3,949,266‌
2,681,718
GNMA
2.500
02/20/52
2,298,055‌
6,456,200
GNMA
3.000
02/20/52
4,656,258‌
4,481,616
GNMA
4.000
04/20/52
3,921,095‌
4,978,840
GNMA
5.000
04/20/52
928,195‌
21,859,642
GNMA
3.500
07/20/52
20,533,291‌
2,289,789
GNMA
4.000
07/20/52
1,952,212‌
4,335,094
GNMA
4.000
08/20/52
4,190,537‌
12,033,928
GNMA
4.500
08/20/52
11,899,592‌
20,629,115
GNMA
4.000
09/20/52
19,953,843‌
2,915,484
GNMA
4.500
09/20/52
2,804,082‌
3,613,028
GNMA
4.500
09/20/52
3,455,992‌
3,528,118
GNMA
4.500
09/20/52
3,379,041‌
2,020,827
GNMA
4.500
09/20/52
1,863,729‌
2,378,260
GNMA
4.500
02/20/53
2,203,357‌
2,094,279
GNMA
5.500
02/20/53
2,135,360‌
4,850,371
(b)
GNMA,
(SOFR30A
+
6.950%)
1.605
05/20/53
337,617‌
18,474,899
(b)
GNMA,
(SOFR30A
+
26.100%)
2.847
07/20/53
21,998,171‌
3,719,530
(b)
GNMA,
(SOFR30A
+
23.205%)
2.358
08/20/53
4,076,527‌
36,880,868
(b),(d)
GS
Mortgage-Backed
Securities
Trust
0.151
08/25/51
302,932‌
6,769,119
(b),(d)
GS
Mortgage-Backed
Securities
Trust
2.500
11/25/51
5,663,682‌
3,936,644
(b),(d)
GS
Mortgage-Backed
Securities
Trust
2.500
03/25/52
3,283,844‌
2,244,897
(b),(d)
GS
Mortgage-Backed
Securities
Trust
2.500
05/01/52
1,998,052‌
1,237,648
(b),(d)
GS
Mortgage-Backed
Securities
Trust
2.831
05/28/52
1,025,382‌
3,518,964
(b),(d)
GS
Mortgage-Backed
Securities
Trust
3.000
08/26/52
3,046,404‌
4,396,521
(b),(d)
GS
Mortgage-Backed
Securities
Trust
4.346
12/25/52
3,987,356‌
255
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MORTGAGE
BACKED
(continued)
$
192,040
GSR
Mortgage
Loan
Trust
6.000
%
01/25/35
$
174,303‌
50,035
(b)
Impac
CMB
Trust,
(TSFR1M
+
0.774%)
5.629
03/25/35
46,359‌
4,810,000
(b),(d)
Imperial
Fund
Mortgage
Trust
2.383
06/25/56
3,794,709‌
99,908
(b)
JP
Morgan
Mortgage
Trust
6.581
11/25/33
97,517‌
178,161
(b),(d)
JP
Morgan
Mortgage
Trust
3.500
05/25/47
164,059‌
296,111
(b),(d)
JP
Morgan
Mortgage
Trust
3.500
10/25/48
268,677‌
88,723
(b),(d)
JP
Morgan
Mortgage
Trust
4.000
01/25/49
84,382‌
10,313,080
(b),(d)
JP
Morgan
Mortgage
Trust
0.122
06/25/51
68,584‌
18,065,830
(b),(d)
JP
Morgan
Mortgage
Trust
0.109
11/25/51
106,419‌
2,154,747
(b),(d)
JP
Morgan
Mortgage
Trust
2.500
11/25/51
1,794,743‌
17,960,870
(b),(d)
JP
Morgan
Mortgage
Trust
0.117
12/25/51
113,899‌
2,499,907
(b),(d)
JP
Morgan
Mortgage
Trust
2.500
12/25/51
2,082,236‌
3,638,660
(b),(d)
JP
Morgan
Mortgage
Trust
2.500
01/25/52
3,030,733‌
4,263,631
(b),(d)
JP
Morgan
Mortgage
Trust
0.500
04/25/52
124,029‌
2,091,641
(b),(d)
JP
Morgan
Mortgage
Trust
3.343
04/25/52
1,787,658‌
1,338,651
(b),(d)
JP
Morgan
Mortgage
Trust
3.343
04/25/52
1,131,632‌
5,325,689
(b),(d)
JP
Morgan
Mortgage
Trust
2.500
06/25/52
4,429,255‌
1,316,235
(b),(d)
JP
Morgan
Mortgage
Trust
3.000
06/25/52
1,156,791‌
8,194,400
(d)
JP
Morgan
Mortgage
Trust
0.224
07/25/52
95,607‌
5,821,536
(b),(d)
JP
Morgan
Mortgage
Trust
2.500
07/25/52
4,841,640‌
2,120,509
(b),(d)
JP
Morgan
Mortgage
Trust
3.250
07/25/52
1,851,195‌
5,936,008
(b),(d)
JP
Morgan
Mortgage
Trust
3.000
08/25/52
5,138,865‌
3,899,897
(b),(d)
JP
Morgan
Mortgage
Trust
3.000
10/25/52
3,376,377‌
2,157,370
(b),(d)
JP
Morgan
Mortgage
Trust
3.000
11/25/52
1,870,458‌
3,400,946
(b),(d)
JP
Morgan
Mortgage
Trust
3.000
04/25/53
2,944,236‌
1,090,411
(b),(d)
JP
Morgan
Mortgage
Trust
5.000
06/25/53
1,070,263‌
1,526,576
(b),(d)
JP
Morgan
Mortgage
Trust
5.500
06/25/53
1,516,552‌
297,664
Master
Alternative
Loan
Trust
7.000
01/25/34
299,420‌
3,184,638
(b),(d)
Morgan
Stanley
Residential
Mortgage
Loan
Trust
2.500
08/25/51
2,652,566‌
2,801,675
(b),(d)
Morgan
Stanley
Residential
Mortgage
Loan
Trust
2.500
09/25/51
2,509,896‌
2,597,284
(b),(d)
Morgan
Stanley
Residential
Mortgage
Loan
Trust
2.500
09/25/51
2,163,344‌
340,956
(b),(d)
New
Residential
Mortgage
Loan
Trust
2.797
09/25/59
322,631‌
650,000
(b),(d)
NLT
Trust
2.569
08/25/56
489,188‌
2,335,828
(b),(d)
OBX
3.000
01/25/52
2,022,151‌
2,700,000
(b),(d)
Onslow
Bay
Mortgage
Loan
Trust
2.451
05/25/61
1,686,820‌
1,045,603
(b),(d)
RCKT
Mortgage
Trust
3.006
09/25/51
841,886‌
5,922,994
(b),(d)
RCKT
Mortgage
Trust
2.500
02/25/52
4,926,021‌
2,433,342
(b),(d)
RCKT
Mortgage
Trust
3.000
05/25/52
2,106,692‌
87,586
(b),(d)
Sequoia
Mortgage
Trust
4.000
06/25/49
83,855‌
571,372
(b),(d)
Sequoia
Mortgage
Trust
3.500
12/25/49
521,986‌
2,257,266
(b),(d)
Sequoia
Mortgage
Trust
2.500
06/25/51
1,897,035‌
258,838
(b),(d)
Shellpoint
Co-Originator
Trust
3.500
10/25/47
240,046‌
1,085,000
(b),(d)
Structured
Agency
Credit
Risk
Debt
Note
(STACR),
(SOFR30A
+
4.750%)
10.030
02/25/42
1,149,548‌
6,705,000
(b),(d)
STACR,
(SOFR30A
+
2.900%)
8.180
04/25/42
6,943,123‌
10,590,000
(b),(d)
STACR,
(SOFR30A
+
3.350%)
8.630
05/25/42
11,112,996‌
14,620,000
(b),(d)
STACR,
(SOFR30A
+
4.500%)
9.780
06/25/42
15,697,219‌
7,305,000
(b),(d)
STACR,
(SOFR30A
+
4.000%)
9.280
07/25/42
7,779,961‌
6,335,000
(b),(d)
STACR,
(SOFR30A
+
3.700%)
8.980
09/25/42
6,698,472‌
510,000
(b),(d)
STACR,
(SOFR30A
+
3.100%)
8.444
03/25/43
534,775‌
285,000
(b),(d)
STACR,
(SOFR30A
+
3.250%)
8.513
04/25/43
299,831‌
1,795,000
(b),(d)
STACR,
(SOFR30A
+
3.500%)
8.780
05/25/43
1,902,524‌
12,859
(b),(d)
STACR
3.787
02/25/48
12,375‌
226,398
(b),(d)
STACR
3.847
05/25/48
221,066‌
219,003
(b),(d)
STACR
3.847
05/25/48
213,780‌
2,670,000
(b),(d)
STACR,
(SOFR30A
+
4.800%)
10.080
10/25/50
3,049,154‌
930,000
(b),(d)
Verus
Securitization
Trust
3.207
11/25/59
889,441‌
13,031,000
(b),(d)
Verus
Securitization
Trust
3.288
11/25/66
10,492,314‌
327,211
(d)
Verus
Securitization
Trust
(Step
Bond)
1.733
05/25/65
313,358‌
1,162,748
(b),(d)
Wells
Fargo
Mortgage
Backed
Securities
Trust
3.000
08/25/51
1,008,113‌
Core
Plus
Bond
256
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MORTGAGE
BACKED
(continued)
$
7,411,655
(b),(d)
Wells
Fargo
Mortgage
Backed
Securities
Trust
3.313
%
08/25/51
$
6,327,486‌
TOTAL
MORTGAGE
BACKED
1,174,611,895‌
MUNICIPAL
BONDS
-
0.1%
4,195,000
(d)
Virgin
Islands
Water
&
Power
Authority-Electric
System
10.250
07/01/26
4,197,435‌
TOTAL
MUNICIPAL
BONDS
4,197,435‌
U.S.
TREASURY
SECURITIES
-
14.4%
8,998,000
United
States
Treasury
Note
3.500
09/30/26
8,973,044‌
860,000
United
States
Treasury
Note
3.375
09/15/27
855,633‌
16,615,000
United
States
Treasury
Note
3.500
09/30/29
16,565,674‌
1,050,000
United
States
Treasury
Note
3.500
04/30/30
1,044,135‌
300
United
States
Treasury
Note
4.250
02/28/31
310‌
44,969,000
United
States
Treasury
Note
3.625
09/30/31
44,884,683‌
6,005,000
United
States
Treasury
Note
3.875
08/15/34
6,047,223‌
30,500,000
United
States
Treasury
Note
1.750
08/15/41
21,625,215‌
14,775,000
United
States
Treasury
Note
2.000
11/15/41
10,863,088‌
1,823,000
United
States
Treasury
Note
3.250
05/15/42
1,620,761‌
9,440,000
United
States
Treasury
Note
3.875
05/15/43
9,088,950‌
364,480,000
(e)
United
States
Treasury
Note
4.125
08/15/44
361,632,500‌
135,110,000
United
States
Treasury
Note
2.250
02/15/52
92,133,409‌
108,344,000
United
States
Treasury
Note
4.625
05/15/54
117,519,382‌
TOTAL
U.S.
TREASURY
SECURITIES
692,854,007‌
TOTAL
GOVERNMENT
BONDS
(Cost
$2,058,899,806)
2,003,112,446‌
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
STRUCTURED
ASSETS
-
13.3%
ASSET
BACKED
-
4.4%
1,233,616
(d)
AASET
Trust
6.413
01/16/40
416,652‌
Series
-
2020
1A
(Class
C)
2,100,000
(b),(d)
AGL
CLO
19
Ltd,
(TSFR3M
+
2.750%)
8.032
07/21/35
2,106,094‌
Series
-
2022
19A
(Class
B1)
3,100,000
(d)
AMSR
Trust
3.218
04/17/37
3,057,253‌
Series
-
2020
SFR1
(Class
E)
3,000,000
(b),(d)
Apidos
CLO
XXIV,
(TSFR3M
+
1.612%)
6.894
10/20/30
3,004,854‌
Series
-
2016
24A
(Class
A2LX)
1,000,000
(b),(d)
Apidos
CLO
XXIX,
(TSFR3M
+
1.812%)
7.096
07/25/30
1,001,842‌
Series
-
2018
29A
(Class
A2)
2,225,101
(d)
Apollo
aviation
securitization
2.798
01/15/47
2,036,823‌
Series
-
2021
2A
(Class
A)
2,797,000
(d)
Avis
Budget
Rental
Car
Funding
AESOP
LLC
2.130
08/20/27
2,650,312‌
Series
-
2021
1A
(Class
C)
5,075,000
(d)
Avis
Budget
Rental
Car
Funding
AESOP
LLC
4.080
02/20/28
4,768,930‌
Series
-
2021
2A
(Class
D)
1,000,000
(b),(d)
Bonanza
RE
Ltd,
(3-Month
US
Treasury
Bill
+
4.930%)
9.532
12/23/24
1,003,300‌
Series
-
2020
A
(Class
A)
911,650
(d)
BRE
Grand
Islander
Timeshare
Issuer
LLC
3.280
09/26/33
892,479‌
Series
-
2019
A
(Class
A)
429,431
(d)
British
Airways
Pass
Through
Trust
8.375
11/15/28
450,608‌
Series
-
2020
A
(Class
A)
1,739,003
(d)
British
Airways
Pass
Through
Trust
3.800
09/20/31
1,681,913‌
Series
-
2018
1
(Class
AA)
5,100,000
(d)
Capital
Automotive
REIT
4.520
02/15/50
4,855,936‌
Series
-
2020
1A
(Class
B2)
3,142,923
(d)
Capital
Automotive
REIT
1.920
08/15/51
2,950,287‌
Series
-
2021
1A
(Class
A3)
2,453,125
(d)
Cars
Net
Lease
Mortgage
Notes
Series
3.100
12/15/50
2,290,055‌
Series
-
2020
1A
(Class
A3)
2,500,000
(d)
Cars
Net
Lease
Mortgage
Notes
Series
4.690
12/15/50
2,284,371‌
Series
-
2020
1A
(Class
B1)
1,250,000
(b),(d)
Cayuga
Park
CLO
Ltd,
(TSFR3M
+
6.262%)
1.000
07/17/34
1,256,374‌
Series
-
2020
1A
(Class
ER)
257
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
ASSET
BACKED
(continued)
$
252,536
(b)
C-BASS
Trust,
(TSFR1M
+
0.274%)
3.295
%
07/25/36
$
246,093‌
Series
-
2006
CB6
(Class
A1)
6,451,318
(b),(d)
CBRE
Realty
Finance,
(LIBOR
3
M
+
0.300%)
5.863
04/07/52
16,128‌
Series
-
2007
1A
(Class
A2)
5,033
Centex
Home
Equity
5.540
01/25/32
5,109‌
Series
-
2002
A
(Class
AF6)
6,296,164
(d)
CF
Hippolyta
LLC
2.280
07/15/60
6,027,857‌
Series
-
2020
1
(Class
B1)
2,806,290
(d)
CF
Hippolyta
LLC
2.600
07/15/60
2,450,906‌
Series
-
2020
1
(Class
B2)
10,131,311
(d)
CF
Hippolyta
LLC
1.530
03/15/61
9,517,876‌
Series
-
2021
1A
(Class
A1)
8,482,028
(d)
CF
Hippolyta
LLC
1.980
03/15/61
7,807,259‌
Series
-
2021
1A
(Class
B1)
4,375,000
(b),(d)
CIFC
Funding,
(TSFR3M
+
1.712%)
7.013
04/15/34
4,381,891‌
Series
-
2021
2A
(Class
B)
1,500,000
(b),(d)
CIFC
Funding
Ltd,
(TSFR3M
+
2.562%)
7.847
01/17/35
1,503,593‌
Series
-
2014
4RA
(Class
BR)
1,675,000
(d)
Cologix
Data
Centers
US
Issuer
LLC
3.300
12/26/51
1,586,917‌
Series
-
2021
1A
(Class
A2)
17,846
Countrywide
Asset-Backed
Certificates
(Step
Bond)
5.216
10/25/27
15,526‌
Series
-
2002
S4
(Class
A5)
9,850,000
(d)
Crescendo
Royalty
Funding
LP
3.567
12/20/51
9,486,461‌
Series
-
2021
1
(Class
A)
4,260,750
(d)
DB
Master
Finance
LLC
4.021
05/20/49
4,207,461‌
Series
-
2019
1A
(Class
A2II)
3,087,500
(d)
DB
Master
Finance
LLC
4.352
05/20/49
3,011,835‌
Series
-
2019
1A
(Class
A23)
2,309,688
(d)
DB
Master
Finance
LLC
2.045
11/20/51
2,188,809‌
Series
-
2021
1A
(Class
A2I)
6,710,250
(d)
DB
Master
Finance
LLC
2.493
11/20/51
6,158,759‌
Series
-
2021
1A
(Class
A2II)
503,025
(d)
Diamond
Resorts
Owner
Trust
2.700
11/21/33
487,037‌
Series
-
2021
1A
(Class
C)
261,992
(d)
Diamond
Resorts
Owner
Trust
3.830
11/21/33
252,849‌
Series
-
2021
1A
(Class
D)
2,847,425
(d)
Domino's
Pizza
Master
Issuer
LLC
4.474
10/25/45
2,833,237‌
Series
-
2015
1A
(Class
A2II)
1,492,313
(d)
Domino's
Pizza
Master
Issuer
LLC
4.116
07/25/48
1,480,216‌
Series
-
2018
1A
(Class
A2I)
212,366
(b),(d)
Ellington
Loan
Acquisition
Trust,
(TSFR1M
+
1.214%)
6.069
05/25/37
211,245‌
Series
-
2007
2
(Class
A2C)
3,250,000
(b),(d)
Elmwood
CLO
26
Ltd,
(TSFR3M
+
3.600%)
8.891
04/18/37
3,313,788‌
Series
-
2024
1A
(Class
D)
193,327
(d)
HERO
Funding
Trust
3.280
09/20/48
173,421‌
Series
-
2017
2A
(Class
A1)
386,654
(d)
HERO
Funding
Trust
4.070
09/20/48
356,071‌
Series
-
2017
2A
(Class
A2)
2,262,500
(d)
Hertz
Vehicle
Financing
LLC
2.050
12/26/25
2,245,286‌
Series
-
2021
1A
(Class
C)
3,750,000
(d)
HIFI
A2
3.939
02/01/62
3,638,677‌
Series
-
2022
1A
(Class
A2)
304,253
(d)
Hilton
Grand
Vacations
Trust
4.000
02/25/32
300,776‌
Series
-
2018
AA
(Class
C)
802,455
(d)
Hilton
Grand
Vacations
Trust
2.840
07/25/33
781,029‌
Series
-
2019
AA
(Class
C)
19,865
(b)
Home
Equity
Asset
Trust,
(TSFR1M
+
1.614%)
3.986
06/25/33
19,358‌
Series
-
2003
1
(Class
M1)
1,455,686
(d)
Horizon
Aircraft
Finance
II
Ltd
3.721
07/15/39
1,368,770‌
Series
-
2019
1
(Class
A)
6,271,669
(d)
Horizon
Aircraft
Finance
III
Ltd
3.425
11/15/39
5,707,157‌
Series
-
2019
2
(Class
A)
Core
Plus
Bond
258
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
ASSET
BACKED
(continued)
$
3,000,000
(c),(d)
Industrial
DPR
Funding
Ltd
5.380
%
04/15/34
$
2,663,160‌
Series
-
2022
1A
(Class
1)
499,977
(b),(d)
Invitation
Homes
Trust,
(TSFR1M
+
1.364%)
6.461
01/17/38
499,352‌
Series
-
2018
SFR4
(Class
B)
1,442,272
(d)
Jonah
Energy
Abs
I
LLC
7.200
11/20/37
1,460,974‌
Series
-
2022
1
(Class
A1)
2,382,420
(d)
Lunar
Structured
Aircraft
Portfolio
Notes
5.682
10/15/46
2,179,701‌
Series
-
2021
1
(Class
C)
1,000,000
(b),(d)
Madison
Park
Funding
XXXVI
Ltd,
(TSFR3M
+
3.500%)
5.981
04/15/35
1,003,681‌
Series
-
2019
36A
(Class
D1R)
1,000,000
(b),(d)
Magnetite
XXIII
Ltd,
(TSFR3M
+
6.562%)
7.484
01/25/35
1,004,229‌
Series
-
2019
23A
(Class
ER)
3,500,000
(b),(d)
Magnetite
XXIII
Ltd,
(TSFR3M
+
2.312%)
7.596
01/25/35
3,505,572‌
Series
-
2019
23A
(Class
CR)
258,790
Mid-State
Capital
Trust
5.745
01/15/40
258,791‌
Series
-
2005
1
(Class
A)
800,000
(b),(d)
MSCG
Trust
3.577
06/07/35
739,084‌
Series
-
2015
ALDR
(Class
C)
4,310,000
(b),(d)
MSCG
Trust
3.577
06/07/35
3,908,449‌
Series
-
2015
ALDR
(Class
D)
703,808
(d)
MVW
LLC
2.230
05/20/39
661,155‌
Series
-
2021
2A
(Class
C)
366,626
(d)
MVW
Owner
Trust
3.900
01/21/36
366,151‌
Series
-
2018
1A
(Class
C)
401,634
(d)
MVW
Owner
Trust
3.330
11/20/36
394,370‌
Series
-
2019
1A
(Class
C)
1,730,000
(b),(d)
Myers
Park
CLO
Ltd,
(TSFR3M
+
1.862%)
7.144
10/20/30
1,733,695‌
Series
-
2018
1A
(Class
B1)
1,500,000
(d)
NBC
Funding
LLC
4.970
07/30/51
1,408,026‌
Series
-
2021
1
(Class
B)
1,000,000
(d)
Oak
Street
Investment
Grade
Net
Lease
Fund
Series
4.230
01/20/51
936,066‌
Series
-
2021
1A
(Class
B1)
1,000,000
(b),(d)
Palmer
Square
CLO
Ltd,
(TSFR3M
+
3.212%)
5.462
01/15/35
1,005,455‌
Series
-
2021
3A
(Class
D)
2,500,000
(b),(d)
Palmer
Square
CLO
Ltd,
(TSFR3M
+
3.050%)
8.332
04/20/35
2,508,433‌
Series
-
2022
1A
(Class
D)
600,000
(d)
Progress
Residential
Trust
2.711
11/17/40
550,804‌
Series
-
2021
SFR9
(Class
D)
3,050,651
(d)
Purewest
Funding
LLC
4.091
12/22/36
2,995,515‌
Series
-
2021
1
(Class
A1)
177,515
(d)
Settlement
Fee
Finance
LLC
3.840
11/01/49
177,219‌
Series
-
2019
1A
(Class
A)
824,785
(d)
Sierra
Timeshare
Receivables
Funding
LLC
1.790
11/20/37
797,114‌
Series
-
2021
1A
(Class
C)
150,210
(d)
SolarCity
LMC
4.800
11/20/38
149,064‌
Series
-
2013
1
(Class
A)
5,875,000
(d)
Stack
Infrastructure
Issuer
LLC
1.877
03/26/46
5,613,482‌
Series
-
2021
1A
(Class
A2)
2,301,582
(d)
START
Ireland
5.095
03/15/44
2,186,641‌
Series
-
2019
1
(Class
B)
113,394
(b)
Structured
Asset
Investment
Loan
Trust,
(TSFR1M
+
1.014%)
5.869
09/25/34
108,264‌
Series
-
2004
8
(Class
M1)
10,300,000
(d)
Subway
Funding
LLC
6.028
07/30/54
10,626,830‌
Series
-
2024
1A
(Class
A2I)
5,250,000
(d)
Taco
Bell
Funding
LLC
4.970
05/25/46
5,257,525‌
Series
-
2016
1A
(Class
A23)
4,563,713
(d)
Taco
Bell
Funding
LLC
1.946
08/25/51
4,276,953‌
Series
-
2021
1A
(Class
A2I)
4,833,900
(d)
Taco
Bell
Funding
LLC
2.294
08/25/51
4,342,118‌
Series
-
2021
1A
(Class
A2II)
2,500,000
(b),(d)
TCW
CLO
Ltd,
(LIBOR
3
M
+
7.122%)
6.985
07/25/34
2,469,395‌
Series
-
2021
2A
(Class
E)
259
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
ASSET
BACKED
(continued)
$
3,549,916
United
Airlines
Pass
Through
Trust
3.700
%
03/01/30
$
3,256,034‌
Series
-
2018
1
(Class
A)
9,057,848
(d)
Vine
2.790
11/15/50
8,390,358‌
Series
-
2020
1A
(Class
A)
1,521,858
(d)
Vine
6.420
11/15/50
1,426,685‌
Series
-
2020
1A
(Class
C)
2,288,601
(d)
Vivint
Colar
Financing
V
LLC
7.370
04/30/48
2,173,397‌
Series
-
2018
1A
(Class
B)
6,526,645
(d)
Wendys
Funding
LLC
3.884
03/15/48
6,333,002‌
Series
-
2018
1A
(Class
A2II)
5,619,056
(d)
Wendy's
Funding
LLC
2.370
06/15/51
5,058,029‌
Series
-
2021
1A
(Class
A2I)
TOTAL
ASSET
BACKED
210,914,253‌
OTHER
MORTGAGE
BACKED
-
8.9%
145,047
(b),(d)
Agate
Bay
Mortgage
Trust
3.500
09/25/45
135,369‌
Series
-
2015
6
(Class
A9)
1,895,000
(b),(d)
ARES
Commercial
Mortgage
Trust,
(TSFR1M
+
1.692%)
7.012
07/15/41
1,900,710‌
Series
-
2024
IND
(Class
A)
1,500,000
(b),(d)
Ashford
Hospitality
Trust,
(TSFR1M
+
2.147%)
7.244
06/15/35
1,478,633‌
Series
-
2018
KEYS
(Class
C)
2,000,000
(b)
BANK
4.085
11/15/50
1,801,006‌
Series
-
2017
BNK8
(Class
B)
3,000,000
(d)
BANK
2.500
10/17/52
2,066,655‌
Series
-
2019
BN21
(Class
D)
1,000,000
BANK
3.093
10/17/52
901,277‌
Series
-
2019
BN21
(Class
AS)
1,000,000
BANK
3.455
12/15/52
891,652‌
Series
-
2019
BN23
(Class
B)
2,000,000
BANK
1.925
12/15/53
1,702,584‌
Series
-
2020
BN30
(Class
A4)
4,000,000
(b)
BANK
6.260
04/15/56
4,206,006‌
Series
-
2023
5YR1
(Class
A3)
1,725,000
BANK
5.769
06/15/57
1,806,934‌
Series
-
2024
5YR7
(Class
A3)
1,696,000
BANK
3.011
09/15/62
1,552,998‌
Series
-
2019
BN20
(Class
A3)
4,500,000
(b),(d)
BBCMS
Mortgage
Trust
4.409
08/05/38
3,689,693‌
Series
-
2018
CHRS
(Class
E)
2,500,000
(b),(d)
BBCMS
Trust
5.122
08/10/35
2,177,212‌
Series
-
2015
SRCH
(Class
D)
1,769,000
(b),(d)
Benchmark
Mortgage
Trust
2.791
09/15/48
1,505,546‌
Series
-
2020
IG2
(Class
AM)
2,800,000
(b),(d)
Benchmark
Mortgage
Trust
3.230
09/15/48
2,268,089‌
Series
-
2020
IG3
(Class
AS)
5,000,000
(b),(d)
Benchmark
Mortgage
Trust
3.654
09/15/48
4,627,414‌
Series
-
2020
IG3
(Class
BXA)
2,000,000
Benchmark
Mortgage
Trust
4.232
01/15/52
1,957,607‌
Series
-
2018
B8
(Class
A5)
1,100,000
Benchmark
Mortgage
Trust
4.267
03/15/52
1,056,994‌
Series
-
2019
B9
(Class
AS)
2,000,000
(b)
Benchmark
Mortgage
Trust
4.510
05/15/53
1,990,614‌
Series
-
2018
B7
(Class
A4)
9,100,000
(d)
Benchmark
Mortgage
Trust
4.139
07/15/53
8,629,876‌
Series
-
2020
B18
(Class
AGNF)
6,500,000
(b)
Benchmark
Mortgage
Trust
2.563
02/15/54
4,730,245‌
Series
-
2021
B23
(Class
C)
2,000,000
Benchmark
Mortgage
Trust
2.224
08/15/54
1,724,743‌
Series
-
2021
B28
(Class
A5)
2,000,000
Benchmark
Mortgage
Trust
5.626
04/15/56
2,037,333‌
Series
-
2023
B38
(Class
A2)
2,540,000
Benchmark
Mortgage
Trust
3.493
12/15/62
2,150,047‌
Series
-
2019
B14
(Class
B)
Core
Plus
Bond
260
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
OTHER
MORTGAGE
BACKED
(continued)
$
3,000,000
(b),(d)
BX
Commercial
Mortgage
Trust,
(TSFR1M
+
1.946%)
7.043
%
04/15/34
$
2,952,821‌
Series
-
2019
IMC
(Class
D)
2,080,277
(b),(d)
BX
Commercial
Mortgage
Trust,
(TSFR1M
+
1.392%)
6.488
03/15/41
2,083,292‌
Series
-
2024
XL5
(Class
A)
2,500,000
(b),(d)
BXP
Trust
2.868
01/15/44
1,846,382‌
Series
-
2021
601L
(Class
D)
1,800,000
(b)
CD
Mortgage
Trust
3.879
11/10/49
1,548,577‌
Series
-
2016
CD2
(Class
B)
1,000,000
(b)
CD
Mortgage
Trust
4.109
11/10/49
747,508‌
Series
-
2016
CD2
(Class
C)
1,400,000
(b)
CD
Mortgage
Trust
4.688
02/10/50
590,743‌
Series
-
2017
CD3
(Class
C)
217,552
(b),(d)
CF
Mortgage
Trust
2.840
04/15/25
215,404‌
Series
-
2020
P1
(Class
A1)
8,750,000
(b),(d)
CF
Mortgage
Trust
3.603
04/15/52
7,885,968‌
Series
-
2020
P1
(Class
A2)
5,000,000
(b)
CFCRE
Commercial
Mortgage
Trust
3.502
11/10/49
4,774,385‌
Series
-
2016
C6
(Class
AM)
3,400,000
(b),(d)
Citigroup
Commercial
Mortgage
Trust,
(TSFR1M
+
2.014%)
7.111
10/15/38
3,365,839‌
Series
-
2021
PRM2
(Class
D)
1,129,262
(b),(d)
Citigroup
Commercial
Mortgage
Trust
4.627
07/10/47
989,809‌
Series
-
2014
GC23
(Class
D)
2,600,000
(b)
Citigroup
Commercial
Mortgage
Trust
3.758
04/10/48
2,513,518‌
Series
-
2015
GC29
(Class
B)
1,650,000
(b)
Citigroup
Commercial
Mortgage
Trust
4.271
04/10/48
1,574,052‌
Series
-
2015
GC29
(Class
C)
2,717,806
Citigroup
Commercial
Mortgage
Trust
4.233
04/10/49
2,587,297‌
Series
-
2016
GC37
(Class
B)
1,670,000
Citigroup
Commercial
Mortgage
Trust
3.018
08/10/56
1,480,813‌
Series
-
2019
GC41
(Class
AS)
3,000,000
(b),(d)
COMM
Mortgage
Trust
5.577
08/10/46
2,577,542‌
Series
-
2013
LC13
(Class
D)
4,543,416
(b)
COMM
Mortgage
Trust
4.585
02/10/47
4,366,506‌
Series
-
2014
CR14
(Class
B)
2,669,663
COMM
Mortgage
Trust
4.377
05/10/47
2,608,011‌
Series
-
2014
CR17
(Class
B)
5,150,000
(b),(d)
COMM
Mortgage
Trust
4.767
06/10/47
2,005,381‌
Series
-
2014
UBS3
(Class
D)
2,500,000
(d)
COMM
Mortgage
Trust
3.000
03/10/48
1,695,072‌
Series
-
2015
CR22
(Class
E)
2,600,000
(b),(d)
COMM
Mortgage
Trust
4.199
03/10/48
1,952,931‌
Series
-
2015
CR22
(Class
D)
3,340,500
(b)
COMM
Mortgage
Trust
4.199
03/10/48
2,987,495‌
Series
-
2015
CR22
(Class
C)
2,500,000
(b)
COMM
Mortgage
Trust
4.408
05/10/48
1,972,280‌
Series
-
2015
CR23
(Class
D)
1,500,000
(b)
COMM
Mortgage
Trust
4.043
07/10/48
1,478,687‌
Series
-
2015
LC21
(Class
AM)
2,500,000
(b)
COMM
Mortgage
Trust
3.463
08/10/48
2,195,973‌
Series
-
2015
CR24
(Class
D)
3,000,000
(b)
COMM
Mortgage
Trust
4.495
08/10/48
2,767,132‌
Series
-
2015
CR24
(Class
C)
2,500,000
(b)
COMM
Mortgage
Trust
4.495
08/10/48
2,414,870‌
Series
-
2015
CR24
(Class
B)
3,175,000
(b)
COMM
Mortgage
Trust
4.612
10/10/48
2,794,652‌
Series
-
2015
CR26
(Class
C)
3,750,000
(b)
COMM
Mortgage
Trust
4.669
05/10/51
3,256,173‌
Series
-
2018
COR3
(Class
B)
5,610,000
(b),(d)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
+
3.500%)
8.780
03/25/42
5,902,768‌
Series
-
2022
R03
(Class
1M2)
2,475,000
(b),(d)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
+
3.000%)
8.280
04/25/42
2,557,595‌
Series
-
2022
R05
(Class
2M2)
261
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
OTHER
MORTGAGE
BACKED
(continued)
$
2,500,000
(b),(d)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
+
7.000%)
12.280
%
04/25/42
$
2,728,907‌
Series
-
2022
R05
(Class
2B2)
15,820,000
(b),(d)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
+
3.850%)
9.130
05/25/42
16,826,294‌
Series
-
2022
R06
(Class
1M2)
3,565,000
(b),(d)
Connecticut
Avenue
Securities
Trust,
(SOFR
+
3.600%)
8.880
07/25/42
3,770,049‌
Series
-
2022
R08
(Class
1M2)
5,675,000
(b),(d)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
+
4.750%)
10.013
09/25/42
6,200,326‌
Series
-
2022
R09
(Class
2M2)
430,000
(b),(d)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
+
6.750%)
12.013
09/25/42
478,730‌
Series
-
2022
R09
(Class
2B1)
9,681,000
(b),(d)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
+
3.750%)
9.013
12/25/42
10,391,652‌
Series
-
2023
R01
(Class
1M2)
4,000,000
(b),(d)
CPT
Mortgage
Trust
3.097
11/13/39
3,019,551‌
Series
-
2019
CPT
(Class
E)
1,850,000
(b),(d)
Credit
Suisse
Mortgage
Capital
Certificates
3.388
10/25/59
1,767,970‌
Series
-
2019
NQM1
(Class
M1)
1,799,583
(b),(d)
Credit
Suisse
Mortgage
Capital
Certificates
2.130
05/25/65
1,337,815‌
Series
-
2021
NQM1
(Class
M1)
1,795,518
(b),(d)
Credit
Suisse
Mortgage
Capital
Certificates
2.405
10/25/66
1,585,498‌
Series
-
2021
NQM8
(Class
A3)
3,340,000
CSAIL
Commercial
Mortgage
Trust
3.505
04/15/50
3,326,262‌
Series
-
2015
C1
(Class
A4)
5,065,000
DBJPMortgage
Trust
3.539
05/10/49
4,879,433‌
Series
-
2016
C1
(Class
AM)
1,997,675
(b),(d)
ELP
Commercial
Mortgage
Trust,
(TSFR1M
+
2.233%)
7.330
11/15/38
1,988,987‌
Series
-
2021
ELP
(Class
E)
805,579
(b),(d)
Flagstar
Mortgage
Trust
3.984
10/25/47
732,828‌
Series
-
2017
2
(Class
B3)
29,673
(b),(d)
Flagstar
Mortgage
Trust
4.000
09/25/48
28,477‌
Series
-
2018
5
(Class
A11)
1,238,231
(b),(d)
Flagstar
Mortgage
Trust
2.500
04/25/51
1,032,096‌
Series
-
2021
2
(Class
A4)
1,635,302
(b),(d)
Flagstar
Mortgage
Trust
2.500
06/01/51
1,362,085‌
Series
-
2021
4
(Class
A21)
7,805,506
(b),(d)
Flagstar
Mortgage
Trust
3.000
10/25/51
6,757,310‌
Series
-
2021
10IN
(Class
A17)
3,000,000
(b),(d)
GS
Mortgage
Securities
Corp
II,
(TSFR1M
+
3.464%)
8.561
11/15/36
2,969,082‌
Series
-
2021
ARDN
(Class
E)
5,200,000
(b),(d)
GS
Mortgage
Securities
Corp
Trust,
(TSFR1M
+
2.164%)
7.261
11/15/36
5,110,278‌
Series
-
2021
ARDN
(Class
C)
2,527,878
(b),(d)
GS
Mortgage
Securities
Trust
4.285
02/10/46
2,387,668‌
Series
-
2013
GC10
(Class
C)
2,250,000
(b)
GS
Mortgage
Securities
Trust
4.104
10/10/49
2,045,356‌
Series
-
2016
GS3
(Class
C)
3,725,000
(b)
GS
Mortgage
Securities
Trust
4.075
11/10/49
3,213,991‌
Series
-
2016
GS4
(Class
C)
2,000,000
(d)
GS
Mortgage
Securities
Trust
3.000
08/10/50
1,709,315‌
Series
-
2017
GS7
(Class
D)
3,800,000
(b)
GS
Mortgage
Securities
Trust
4.158
02/10/52
3,626,570‌
Series
-
2019
GC38
(Class
AS)
1,500,000
(b)
GS
Mortgage
Securities
Trust
4.761
02/10/52
1,359,580‌
Series
-
2019
GC38
(Class
C)
1,000,000
(b)
GS
Mortgage
Securities
Trust
3.405
02/13/53
890,499‌
Series
-
2020
GC45
(Class
B)
3,000,000
GS
Mortgage
Securities
Trust
2.012
12/12/53
2,559,331‌
Series
-
2020
GSA2
(Class
A5)
42,779
(b),(d)
GS
Mortgage-Backed
Securities
Corp
Trust
4.000
11/25/49
41,048‌
Series
-
2019
PJ2
(Class
A1)
100,487
(b),(d)
GS
Mortgage-Backed
Securities
Corp
Trust
4.000
11/25/49
96,421‌
Series
-
2019
PJ2
(Class
A4)
226,867
(b),(d)
GS
Mortgage-Backed
Securities
Corp
Trust
3.000
01/25/51
198,266‌
Series
-
2020
PJ4
(Class
A4)
Core
Plus
Bond
262
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
OTHER
MORTGAGE
BACKED
(continued)
$
14,483,706
(b),(d)
GS
Mortgage-Backed
Securities
Corp
Trust
0.255
%
03/27/51
$
172,164‌
Series
-
2020
PJ5
(Class
AX1)
413,232
(b),(d)
GS
Mortgage-Backed
Securities
Corp
Trust
3.000
03/27/51
361,255‌
Series
-
2020
PJ5
(Class
A4)
965,696
(b),(d)
GS
Mortgage-Backed
Securities
Corp
Trust
2.500
05/25/51
805,741‌
Series
-
2020
PJ6
(Class
A4)
5,105,105
(b),(d)
GS
Mortgage-Backed
Securities
Corp
Trust
2.500
10/25/51
4,255,229‌
Series
-
2021
PJ5
(Class
A4)
3,512,118
(b),(d)
GS
Mortgage-Backed
Securities
Corp
Trust
3.000
06/25/52
3,040,653‌
Series
-
2022
PJ2
(Class
A36)
263,416
(b),(d)
GS
Mortgage-Backed
Securities
Trust
3.625
05/25/50
231,541‌
Series
-
2020
PJ1
(Class
B2)
519,479
(b),(d)
GS
Mortgage-Backed
Securities
Trust
3.028
12/25/51
421,807‌
Series
-
2021
INV1
(Class
B4)
8,088,552
(b),(d)
GS
Mortgage-Backed
Securities
Trust
2.500
01/25/52
6,737,160‌
Series
-
2021
PJ7
(Class
A4)
3,975,677
(b),(d)
GS
Mortgage-Backed
Securities
Trust
2.500
01/25/52
3,312,633‌
Series
-
2021
PJ8
(Class
A4)
1,474,441
(b),(d)
GS
Mortgage-Backed
Securities
Trust
2.721
01/25/52
1,189,490‌
Series
-
2021
PJ7
(Class
B2)
1,014,056
(b),(d)
GS
Mortgage-Backed
Securities
Trust
3.249
06/25/52
820,729‌
Series
-
2022
LTV1
(Class
B3)
2,049,373
(b),(d)
GS
Mortgage-Backed
Securities
Trust
3.000
07/25/52
1,774,165‌
Series
-
2022
INV1
(Class
A4)
3,582,394
(b),(d)
GS
Mortgage-Backed
Securities
Trust
3.000
09/25/52
3,101,316‌
Series
-
2022
HP1
(Class
A4)
2,490,225
(b),(d)
GS
Mortgage-Backed
Securities
Trust
3.000
10/25/52
2,155,938‌
Series
-
2022
PJ5
(Class
A36)
2,209,128
(b),(d)
GS
Mortgage-Backed
Securities
Trust
3.000
01/25/53
1,912,576‌
Series
-
2022
PJ6
(Class
A24)
3,291,589
(b),(d)
GS
Mortgage-Backed
Securities
Trust
3.500
02/25/53
2,952,931‌
Series
-
2023
PJ1
(Class
A24)
180,987
(d)
GSMPS
Mortgage
Loan
Trust
7.500
03/25/35
178,915‌
Series
-
2005
RP2
(Class
1A2)
161,987
(d)
GSMPS
Mortgage
Loan
Trust
7.500
09/25/35
162,522‌
Series
-
2005
RP3
(Class
1A2)
5,500,000
(b),(d)
HTL
Commercial
Mortgage
Trust
7.324
05/10/39
5,704,205‌
Series
-
2024
T53
(Class
C)
3,000,000
(b),(d)
Hudson
Yards
Mortgage
Trust
3.558
07/10/39
2,595,131‌
Series
-
2019
30HY
(Class
D)
1,000,000
(b),(d)
Hudson
Yards
Mortgage
Trust
3.041
12/10/41
851,951‌
Series
-
2019
55HY
(Class
D)
1,490,000
(b),(d)
Hudson
Yards
Mortgage
Trust
3.041
12/10/41
1,127,346‌
Series
-
2019
55HY
(Class
F)
543,309
(b),(d)
Imperial
Fund
Mortgage
Trust
2.051
10/25/55
511,843‌
Series
-
2020
NQM1
(Class
A3)
440,000
(b),(d)
Imperial
Fund
Mortgage
Trust
3.531
10/25/55
404,265‌
Series
-
2020
NQM1
(Class
M1)
26,758
(b)
JP
Morgan
Alternative
Loan
Trust,
(TSFR1M
+
0.674%)
5.529
04/25/47
25,389‌
Series
-
2007
S1
(Class
A1)
244,116
(b),(d)
JP
Morgan
Chase
Commercial
Mortgage
Securities
Corp
4.115
01/15/46
226,880‌
Series
-
2013
C13
(Class
D)
994,676
JP
Morgan
Chase
Commercial
Mortgage
Securities
Corp
3.379
09/15/50
963,861‌
Series
-
2017
JP7
(Class
A3)
1,000,000
(d)
JP
Morgan
Chase
Commercial
Mortgage
Securities
Trust
3.267
01/16/37
672,510‌
Series
-
2020
NNN
(Class
CFX)
2,140,000
JP
Morgan
Chase
Commercial
Mortgage
Securities
Trust
2.822
08/15/49
2,069,231‌
Series
-
2016
JP2
(Class
A4)
756,077
(b),(d)
JP
Morgan
Mortgage
Trust,
(LIBOR
1
M
-
0.000%)
6.676
12/25/44
732,068‌
Series
-
2015
1
(Class
B1)
57,988
(b),(d)
JP
Morgan
Mortgage
Trust
3.500
05/25/45
54,411‌
Series
-
2015
3
(Class
A19)
263
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
OTHER
MORTGAGE
BACKED
(continued)
$
300,721
(b),(d)
JP
Morgan
Mortgage
Trust
3.500
%
10/25/45
$
279,653‌
Series
-
2015
6
(Class
A13)
627,380
(b),(d)
JP
Morgan
Mortgage
Trust
3.500
09/25/48
571,075‌
Series
-
2018
3
(Class
A13)
914,362
(b),(d)
JP
Morgan
Mortgage
Trust
3.500
10/25/48
833,974‌
Series
-
2018
5
(Class
A13)
627,382
(b),(d)
JP
Morgan
Mortgage
Trust
5.425
10/26/48
627,533‌
Series
-
2017
5
(Class
A2)
117,062
(b),(d)
JP
Morgan
Mortgage
Trust
4.000
02/25/49
111,401‌
Series
-
2018
9
(Class
A13)
174,748
(b),(d)
JP
Morgan
Mortgage
Trust
4.000
05/25/49
166,761‌
Series
-
2019
1
(Class
A15)
2,316,573
(b),(d)
JP
Morgan
Mortgage
Trust
3.818
06/25/50
2,083,941‌
Series
-
2020
1
(Class
B2)
11,917,019
(b),(d)
JP
Morgan
Mortgage
Trust
0.137
07/25/51
89,698‌
Series
-
2021
3
(Class
AX1)
8,357,214
(b),(d)
JP
Morgan
Mortgage
Trust
0.131
08/25/51
59,474‌
Series
-
2021
4
(Class
AX1)
971,554
(b),(d)
JP
Morgan
Mortgage
Trust
2.881
08/25/51
791,228‌
Series
-
2021
4
(Class
B2)
16,106,797
(b),(d)
JP
Morgan
Mortgage
Trust
0.135
10/25/51
122,154‌
Series
-
2021
6
(Class
AX1)
2,880,248
(b),(d)
JP
Morgan
Mortgage
Trust
2.500
10/25/51
2,400,756‌
Series
-
2021
6
(Class
A15)
4,379,044
(b),(d)
JP
Morgan
Mortgage
Trust
0.400
12/25/51
100,373‌
Series
-
2021
INV2
(Class
AX4)
963,016
(b),(d)
JP
Morgan
Mortgage
Trust
2.500
12/25/51
802,120‌
Series
-
2021
10
(Class
A15)
1,035,295
(b),(d)
JP
Morgan
Mortgage
Trust
2.500
02/25/52
861,031‌
Series
-
2021
12
(Class
A15)
1,555,897
(b),(d)
JP
Morgan
Mortgage
Trust
2.500
05/25/52
1,294,005‌
Series
-
2021
14
(Class
A15)
991,531
(b),(d)
JP
Morgan
Mortgage
Trust
2.927
05/25/52
842,942‌
Series
-
2021
LTV2
(Class
A3)
1,527,346
(b),(d)
JP
Morgan
Mortgage
Trust
3.000
08/25/52
1,322,316‌
Series
-
2022
2
(Class
A25)
2,096,753
(b),(d)
JP
Morgan
Mortgage
Trust
3.000
09/25/52
1,815,182‌
Series
-
2022
INV3
(Class
A6)
3,911,014
(b),(d)
JP
Morgan
Mortgage
Trust
3.500
09/25/52
3,523,268‌
Series
-
2022
LTV2
(Class
A6)
2,817,302
(b),(d)
JP
Morgan
Mortgage
Trust
3.000
12/25/52
2,439,109‌
Series
-
2022
7
(Class
1A17)
940,215
(b),(d)
JP
Morgan
Mortgage
Trust
4.000
12/25/52
873,662‌
Series
-
2022
7
(Class
2A6A)
2,434,514
JPMBB
Commercial
Mortgage
Securities
Trust
4.110
09/15/47
2,333,885‌
Series
-
2014
C22
(Class
AS)
1,100,000
(b)
JPMBB
Commercial
Mortgage
Securities
Trust
4.649
09/15/47
1,049,170‌
Series
-
2014
C22
(Class
B)
1,550,000
(b)
JPMBB
Commercial
Mortgage
Securities
Trust
4.714
09/15/47
1,501,349‌
Series
-
2014
C23
(Class
C)
1,688,355
(b)
JPMBB
Commercial
Mortgage
Securities
Trust
4.714
09/15/47
1,671,597‌
Series
-
2014
C23
(Class
B)
5,000,000
JPMBB
Commercial
Mortgage
Securities
Trust
3.634
02/15/48
4,697,638‌
Series
-
2015
C27
(Class
AS)
3,500,000
JPMBB
Commercial
Mortgage
Securities
Trust
4.106
08/15/48
3,363,799‌
Series
-
2015
C31
(Class
AS)
6,000,000
(b)
JPMBB
Commercial
Mortgage
Securities
Trust
4.777
08/15/48
5,135,215‌
Series
-
2015
C31
(Class
B)
2,500,000
(b),(d)
JPMBB
Commercial
Mortgage
Securities
Trust
4.358
03/17/49
2,147,973‌
Series
-
2016
C1
(Class
D1)
2,800,000
JPMDB
Commercial
Mortgage
Securities
Trust
2.536
05/13/53
2,135,218‌
Series
-
2020
COR7
(Class
AS)
Core
Plus
Bond
264
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
OTHER
MORTGAGE
BACKED
(continued)
$
8,000,000
(d)
Liberty
Street
Trust
3.597
%
02/10/36
$
7,585,151‌
Series
-
2016
225L
(Class
A)
872,227
(d)
Morgan
Stanley
Bank
of
America
Merrill
Lynch
Trust
4.384
12/15/46
851,038‌
Series
-
2014
C19
(Class
LNC2)
3,802,000
(b)
Morgan
Stanley
Bank
of
America
Merrill
Lynch
Trust
4.000
12/15/47
3,754,095‌
Series
-
2014
C19
(Class
B)
2,140,000
(b)
Morgan
Stanley
Capital
I
Trust
3.779
05/15/48
2,116,015‌
Series
-
2015
MS1
(Class
A4)
129,081
(b)
Morgan
Stanley
Capital
I
Trust
6.282
12/12/49
46,146‌
Series
-
2007
IQ16
(Class
AJFX)
300,000
Morgan
Stanley
Capital
I
Trust
3.587
12/15/50
291,749‌
Series
-
2017
HR2
(Class
A4)
2,150,000
(b)
Morgan
Stanley
Capital
I
Trust
4.429
07/15/51
2,092,722‌
Series
-
2018
H3
(Class
AS)
2,000,000
(b),(d)
Morgan
Stanley
Capital
I
Trust
3.900
09/24/57
1,908,936‌
Series
-
2024
NSTB
(Class
AS)
878,558
(b),(d)
Morgan
Stanley
Residential
Mortgage
Loan
Trust
2.500
07/25/51
788,127‌
Series
-
2021
4
(Class
A4)
2,419,216
(b),(d)
Morgan
Stanley
Residential
Mortgage
Loan
Trust
4.000
02/25/53
2,250,857‌
Series
-
2023
1
(Class
A7)
1,500,000
(d)
MRCD
Mortgage
Trust
2.718
12/15/36
953,550‌
Series
-
2019
PARK
(Class
E)
1,495,056
(b),(d)
MSC
Trust,
(TSFR1M
+
0.892%)
5.989
11/15/36
1,483,872‌
Series
-
2021
ILP
(Class
A)
9,507,202
(b),(d)
Natixis
Commercial
Mortgage
Securities
Trust,
(TSFR1M
+
1.579%)
5.915
07/15/36
8,586,679‌
Series
-
2019
MILE
(Class
A)
3,000,000
(b),(d)
Natixis
Commercial
Mortgage
Securities
Trust,
(TSFR1M
+
3.579%)
8.676
07/15/36
2,096,810‌
Series
-
2019
MILE
(Class
E)
4,500,000
(b),(d)
Natixis
Commercial
Mortgage
Securities
Trust,
(TSFR1M
+
4.329%)
9.426
07/15/36
2,898,205‌
Series
-
2019
MILE
(Class
F)
834,330
(b),(d)
New
Residential
Mortgage
Loan
Trust
3.513
03/25/52
689,326‌
Series
-
2022
INV1
(Class
B4)
64,199
(b)
New
York
Mortgage
Trust,
(TSFR1M
+
0.594%)
5.449
02/25/36
63,537‌
Series
-
2005
3
(Class
A1)
4,665,000
(b),(d)
NRTH
Mortgage
Trust,
(TSFR1M
+
1.641%)
6.738
03/15/39
4,674,658‌
Series
-
2024
PARK
(Class
A)
3,750,000
(b),(d)
NYC
Trust,
(TSFR1M
+
2.840%)
7.936
08/15/29
3,781,236‌
Series
-
2024
3ELV
(Class
C)
4,803,112
(b),(d)
OBX
Trust
2.500
07/25/51
4,000,634‌
Series
-
2021
J2
(Class
A19)
3,777,521
(b),(d)
OBX
Trust
3.500
08/25/52
3,435,820‌
Series
-
2022
J2
(Class
A1)
3,686,869
(b),(d)
OBX
Trust
4.000
10/25/52
3,424,677‌
Series
-
2022
INV5
(Class
A13)
1,447,069
(b),(d)
Oceanview
Mortgage
Trust
2.500
05/25/51
1,206,167‌
Series
-
2021
1
(Class
A19)
1,014,888
(b),(d)
Oceanview
Mortgage
Trust
4.500
11/25/52
978,227‌
Series
-
2022
1
(Class
A1)
7,500,000
(d)
One
Bryant
Park
Trust
2.516
09/15/54
6,683,635‌
Series
-
2019
OBP
(Class
A)
2,000,000
(b),(d)
ONNI
Commerical
Mortgage
Trust
6.150
07/15/39
2,048,416‌
Series
-
2024
APT
(Class
B)
3,102,226
(b),(d)
OPEN
Trust,
(TSFR1M
+
5.236%)
10.332
10/15/28
3,138,362‌
Series
-
2023
AIR
(Class
C)
1,500,000
(b),(d)
PKHL
Commercial
Mortgage
Trust,
(TSFR1M
+
0.994%)
6.091
07/15/38
1,434,985‌
Series
-
2021
MF
(Class
A)
1,302,498
(b),(d)
RCKT
Mortgage
Trust
3.500
06/25/52
1,171,675‌
Series
-
2022
4
(Class
A22)
141,295
(b),(d)
Sequoia
Mortgage
Trust
3.500
05/25/45
131,483‌
Series
-
2015
2
(Class
A1)
176,645
(b),(d)
Sequoia
Mortgage
Trust
3.500
06/25/46
164,177‌
Series
-
2016
1
(Class
A19)
265
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
OTHER
MORTGAGE
BACKED
(continued)
$
518,375
(b),(d)
Sequoia
Mortgage
Trust
3.500
%
02/25/47
$
477,103‌
Series
-
2017
2
(Class
A19)
1,068,542
(b),(d)
Sequoia
Mortgage
Trust
3.722
09/25/47
1,009,079‌
Series
-
2017
6
(Class
B1)
197,125
(b),(d)
Sequoia
Mortgage
Trust
3.500
03/25/48
181,622‌
Series
-
2018
3
(Class
A1)
14,293
(b),(d)
Sequoia
Mortgage
Trust
4.000
09/25/48
13,723‌
Series
-
2018
7
(Class
A19)
1,633,596
(b),(d)
Sequoia
Mortgage
Trust
3.000
04/25/50
1,423,103‌
Series
-
2020
3
(Class
A19)
2,500,000
(d)
SLG
Office
Trust
2.851
07/15/41
2,028,288‌
Series
-
2021
OVA
(Class
E)
2,457,225
(b),(d)
Verus
Securitization
Trust
2.240
10/25/66
2,127,283‌
Series
-
2021
7
(Class
A3)
1,500,000
(b),(d)
VNDO
Trust
4.033
01/10/35
1,403,303‌
Series
-
2016
350P
(Class
E)
325,326
(d)
VSE
VOI
Mortgage
LLC
4.020
02/20/36
324,753‌
Series
-
2018
A
(Class
C)
5,325
(b)
Washington
Mutual
Mortgage
Pass-Through
Certificates
Trust
5.659
08/25/38
5,273‌
Series
-
2004
RA3
(Class
2A)
2,000,000
(b)
Wells
Fargo
Commercial
Mortgage
Trust
4.220
05/15/48
1,843,028‌
Series
-
2015
NXS1
(Class
D)
1,300,000
(b)
Wells
Fargo
Commercial
Mortgage
Trust
4.818
12/15/48
1,260,095‌
Series
-
2015
P2
(Class
C)
2,000,000
Wells
Fargo
Commercial
Mortgage
Trust
5.820
08/15/57
2,108,029‌
Series
-
2024
1
(Class
AS)
1,200,000
(d)
Wells
Fargo
Commercial
Mortgage
Trust
3.153
09/15/57
1,120,585‌
Series
-
2015
NXS3
(Class
D)
61,344
(b),(d)
Wells
Fargo
Mortgage
Backed
Securities
Trust
4.000
04/25/49
59,133‌
Series
-
2019
2
(Class
A17)
268,618
(b),(d)
Wells
Fargo
Mortgage
Backed
Securities
Trust
3.000
07/25/50
235,436‌
Series
-
2020
4
(Class
A17)
6,282,175
(b),(d)
Wells
Fargo
Mortgage
Backed
Securities
Trust
2.500
06/25/51
5,232,583‌
Series
-
2021
2
(Class
A17)
1,179,651
(b),(d)
Wells
Fargo
Mortgage
Backed
Securities
Trust
2.500
12/25/51
981,089‌
Series
-
2022
2
(Class
A18)
1,507,984
(b),(d)
Wells
Fargo
Mortgage
Backed
Securities
Trust
3.000
03/25/52
1,305,478‌
Series
-
2022
INV1
(Class
A18)
2,612,089
(b),(d)
Wells
Fargo
Mortgage
Backed
Securities
Trust
3.500
03/25/52
2,349,731‌
Series
-
2022
INV1
(Class
A17)
3,702,647
WFRBS
Commercial
Mortgage
Trust
3.607
11/15/47
3,694,169‌
Series
-
2014
C24
(Class
A5)
81,899
(b),(d)
WinWater
Mortgage
Loan
Trust
3.927
06/20/44
70,212‌
Series
-
2014
1
(Class
B4)
TOTAL
OTHER
MORTGAGE
BACKED
429,657,809‌
TOTAL
STRUCTURED
ASSETS
(Cost
$689,115,423)
640,572,062‌
COMMON
STOCKS
-
0.0%
ENERGY
-
0.0%
1,538
(c),(i)
Cloud
Peak
Energy,
Inc
15‌
TOTAL
ENERGY
15‌
MATERIALS
-
0.0%
415,953
(i)
Petra
Diamonds
Ltd
156,266‌
TOTAL
MATERIALS
156,266‌
SOFTWARE
&
SERVICES
-
0.0%
4,815
(i)
Avaya,
Inc
31,298‌
1,010
(i)
Avaya,
Inc
6,565‌
TOTAL
SOFTWARE
&
SERVICES
37,863‌
TOTAL
COMMON
STOCKS
(Cost
$457,866)
194,144‌
Core
Plus
Bond
266
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
INVESTMENT
COMPANIES
-
0.8%
1,454,245
(e)
Nuveen
Ultra
Short
Income
ETF
$
36,785,127‌
TOTAL
INVESTMENT
COMPANIES
(Cost
$36,674,889)
36,785,127‌
PREFERRED
STOCKS
-
0.1%
FINANCIAL
SERVICES
-
0.1%
34,686
(e)
Morgan
Stanley
877,902‌
139,125
Morgan
Stanley
3,699,334‌
TOTAL
FINANCIAL
SERVICES
4,577,236‌
TOTAL
PREFERRED
STOCKS
(Cost
$4,394,529)
4,577,236‌
TOTAL
LONG-TERM
INVESTMENTS
(Cost
$4,869,517,447)
4,705,351,021‌
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
SHORT-TERM
INVESTMENTS
-
2.5%
GOVERNMENT
AGENCY
DEBT
-
0.0%
$
150,000
Federal
National
Mortgage
Association
(FNMA)
0.000
%
10/23/24
149,554‌
TOTAL
GOVERNMENT
AGENCY
DEBT
149,554‌
REPURCHASE
AGREEMENT
-
1.9%
92,800,000
(j)
Bank
of
New
York
Mellon
4.860
10/01/24
92,800,000‌
TOTAL
REPURCHASE
AGREEMENT
92,800,000‌
TREASURY
DEBT
-
0.6%
6,250,000
United
States
Treasury
Bill
0.000
10/15/24
6,238,545‌
15,000,000
United
States
Treasury
Bill
0.000
10/29/24
14,944,700‌
5,000,000
United
States
Treasury
Bill
0.000
11/26/24
4,963,610‌
TOTAL
TREASURY
DEBT
26,146,855‌
TOTAL
SHORT-TERM
INVESTMENTS
(Cost
$119,095,918)
119,096,409‌
SHARES
DESCRIPTION
RATE
EXP
VALUE
INVESTMENTS
PURCHASED
WITH
COLLATERAL
FROM
SECURITIES
LENDING
-
6.4%
309,731,181
(k)
State
Street
Navigator
Securities
Lending
Government
Money
Market
Portfolio
5.020
(l)
309,731,181‌
TOTAL
INVESTMENTS
PURCHASED
WITH
COLLATERAL
FROM
SECURITIES
LENDING
(Cost
$309,731,181)
309,731,181‌
TOTAL
INVESTMENTS
-
106.5%
(Cost
$5,298,344,546)
5,134,178,611‌
OTHER
ASSETS
&
LIABILITIES,
NET
-
(6.5)%
(313,062,921‌)
NET
ASSETS
-
100.0%
$
4,821,115,690‌
267
See
Notes
to
Financial
Statements
Principal
denominated
in
U.S.
Dollars,
unless
otherwise
noted. 
BRL
Brazilian
Real
COP
Colombia
Peso
DOP
Dominican
Republic
Peso
ETF
Exchange
Traded
Fund
EUR
Euro
IDR
Indonesian
Rupiah
INR
Indian
Rupee
LIBOR
London
Interbank
Offered
Rate
M
Month
MXN
Mexican
Peso
MYR
Malaysian
Ringgit
PLN
Polish
Zloty
REIT
Real
Estate
Investment
Trust
SOFR
Secured
Overnight
Financing
Rate
SOFR30A
30
Day
Average
Secured
Overnight
Financing
Rate
TSFR1M
CME
Term
Secured
Overnight
Financing
Rate
1
Month
TSFR3M
CME
Term
Secured
Overnight
Financing
Rate
3
Month
TSFR6M
CME
Term
Secured
Overnight
Financing
Rate
6
Month
UGX
Ugandan
Shilling
UZS
Uzbekistani
Som
ZAR
South
African
Rand
(a)
When-issued
or
delayed
delivery
security.
(b)
Floating
or
variable
rate
security
includes
the
reference
rate
and
spread,
unless
the
variable
rate
is
based
on
the
underlying
asset
of
the
security.
Coupon
rate
reflects
the
rate
at
period
end.
(c)
For
fair
value
measurement
disclosure
purposes,
investment
classified
as
Level
3.
(d)
Security
is
exempt
from
registration
under
Rule
144A
of
the
Securities
Act
of
1933,
as
amended.
These
securities
are
deemed
liquid
and
may
be
resold
in
transactions
exempt
from
registration,
which
are
normally
those
transactions
with
qualified
institutional
buyers.
As
of
the
end
of
the
reporting
period,
the
aggregate
value
of
these
securities
is
$1,366,926,761
or
26.6%
of
Total
Investments.
(e)
All
or
a
portion
of
these
securities
are
out
on
loan.
The
aggregate
value
of
securities
on
loan
is
$304,994,200.
(f)
Perpetual
security
(g)
Payment
in
Kind
Bond
(h)
Principal
amount
for
interest
accrual
purposes
is
periodically
adjusted
based
on
changes
in
the
Consumer
Price
Index.
(i)
Non-income
producing
(j)
Agreement
with
Bank
of
New
York
Mellon,
4.860%
dated
9/30/24
to
be
repurchased
at
$93,119,361
on
10/1/24,
collateralized
by
Government
Agency
Securities,
with
coupon
rates
0.750%–4.250%
and
maturity
dates
5/31/26–6/30/31,
valued
at
$94,656,005.
(k)
Investments
made
with
cash
collateral
received
from
securities
on
loan.
(l)
The
rate
shown
is
the
one-day
yield
as
of
the
end
of
the
reporting
period.
Forward
Foreign
Currency
Contracts
Currency
Purchased
Receive
Currency
Sold
Deliver
Counterparty
Settlement
Date
Unrealized
Appreciation
(Depreciation)
EUR
435,725
$
484,951
Bank
of
America,
N.A.
10/15/24
 $
394‌
$
2,793,024
EUR
2,558,736
Morgan
Stanley
Capital
Services
10/15/24
 $
(57,099‌)
$
8,578
EUR
7,707
Morgan
Stanley
Capital
Services
10/15/24
(7‌)
EUR
778,642
$
869,328
Morgan
Stanley
Capital
Services
10/15/24
(2,015‌)
Total
 $
(59,121‌)
Total
 $
(58,727‌)
EUR
Euro
Core
Plus
Bond
268
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
Credit
Default
Swaps
-
Centrally
Cleared
PURCHASED
Reference
Entity
Terms
of
Payments
to
be
Paid
Terms
of
Payments
to
be
Received
Counterparty
Fixed
Rate
Payment
Frequency
Maturity
Date
Notional
Amount
*
Value
Premiums
Paid
(Received)
Unrealized
Appreciation
(Depreciation)
CDX-NAHYS42V1-5Y
5.000%
Credit
event
as
specified
in
contract
Citigroup
Global
Markets,
Inc
Quarterly
12/20/29
$212,500,000‌
$(15,837,153‌)
$(15,512,500‌)
$(324,653‌)
*  
The
maximum
potential
amount
the
Fund
could
be
required
to
pay
as
a
seller
of
credit
protection
or
receive
as
a
buyer
of
credit
protection
if
a
credit
event
occurs
is
defined
under
the
terms
of
that
particular
swap
agreement.
This
amount
may
be
reduced
by
any
recoverable
assets,
if
applicable.
SOLD
Reference
Entity
Terms
of
Payments
to
be
Paid
Terms
of
Payments
to
be
Received
Counterparty
Fixed
Rate
Payment
Frequency
Maturity
Date
Notional
Amount
*
Value
Premiums
Paid
(Received)
Unrealized
Appreciation
(Depreciation)
CDX-NAHYS42V1-5Y
Credit
event
as
specified
in
contract
5.000%
Citigroup
Global
Markets,
Inc
Quarterly
06/20/29
$
15,000,000‌
$1,185,929‌
$1,049,822‌
$136,106‌
*  
The
maximum
potential
amount
the
Fund
could
be
required
to
pay
as
a
seller
of
credit
protection
or
receive
as
a
buyer
of
credit
protection
if
a
credit
event
occurs
is
defined
under
the
terms
of
that
particular
swap
agreement.
This
amount
may
be
reduced
by
any
recoverable
assets,
if
applicable.
Portfolio
of
Investments
September
30,
2024
5–15
Year
Laddered
Tax
Exempt
Bond
269
See
Notes
to
Financial
Statements
(Unaudited)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
LONG-TERM
INVESTMENTS
-
97.9%
LONG-TERM
MUNICIPAL
BONDS
-
97.9%
ALABAMA
-
1.1%
$
220,000
City
of
Andalusia
AL
4
.000
%
10/01/33
$
225,137‌
500,000
City
of
Birmingham
AL
5
.000
12/01/30
538,423‌
600,000
County
of
Jefferson
AL
Sewer
Revenue
5
.000
10/01/39
666,316‌
630,000
County
of
Mobile
AL
5
.000
02/01/34
686,746‌
250,000
Jackson
County
Board
of
Education
3
.000
03/01/39
222,188‌
TOTAL
ALABAMA
2,338,810‌
ALASKA
-
0.2%
500,000
Alaska
Municipal
Bond
Bank
Authority
5
.000
12/01/31
518,140‌
TOTAL
ALASKA
518,140‌
ARIZONA
-
0.7%
150,000
Maricopa
County
Unified
School
District
No
60
Higley
5
.000
06/01/38
167,720‌
190,000
Pinal
County
Electric
District
No
3
5
.000
07/01/33
196,528‌
1,005,000
Salt
River
Project
Agricultural
Improvement
&
Power
District
5
.000
01/01/38
1,062,759‌
TOTAL
ARIZONA
1,427,007‌
ARKANSAS
-
0.5%
1,000,000
City
of
Fort
Smith
AR
Water
&
Sewer
Revenue
5
.000
10/01/32
1,076,588‌
TOTAL
ARKANSAS
1,076,588‌
CALIFORNIA
-
5.0%
365,000
California
Educational
Facilities
Authority
5
.000
12/01/29
392,519‌
1,510,000
California
Health
Facilities
Financing
Authority
5
.000
09/01/33
1,569,009‌
1,250,000
California
Housing
Finance
Agency
3
.650
09/01/34
1,276,662‌
225,000
(a)
California
Statewide
Communities
Development
Authority
5
.000
12/01/28
238,375‌
2,500,000
City
of
Los
Angeles
Department
of
Airports
5
.000
05/15/33
2,782,058‌
1,000,000
City
of
Los
Angeles
Department
of
Airports
5
.000
05/15/35
1,107,303‌
800,000
Sacramento
City
Unified
School
District
5
.000
08/01/39
888,975‌
2,475,000
State
of
California
4
.000
03/01/36
2,599,512‌
TOTAL
CALIFORNIA
10,854,413‌
COLORADO
-
0.7%
1,000,000
Colorado
Health
Facilities
Authority
4
.000
11/15/38
1,016,628‌
250,000
Colorado
Health
Facilities
Authority
5
.000
12/01/41
253,792‌
310,000
Denver
Health
&
Hospital
Authority
5
.000
12/01/28
329,782‌
TOTAL
COLORADO
1,600,202‌
CONNECTICUT
-
4.2%
1,180,000
Capital
Region
Development
Authority
5
.000
06/15/29
1,279,435‌
765,000
Capital
Region
Development
Authority
5
.000
06/15/33
820,714‌
1,900,000
City
of
Bridgeport
CT
5
.000
06/01/34
2,096,821‌
630,000
Connecticut
State
Health
&
Educational
Facilities
Authority
5
.000
07/01/29
656,707‌
330,000
Connecticut
State
Health
&
Educational
Facilities
Authority
5
.000
07/01/30
342,632‌
350,000
Connecticut
State
Health
&
Educational
Facilities
Authority
5
.000
07/01/32
366,688‌
350,000
Connecticut
State
Health
&
Educational
Facilities
Authority
5
.000
07/01/33
366,364‌
1,540,000
State
of
Connecticut
3
.000
01/15/36
1,503,323‌
255,000
State
of
Connecticut
5
.000
11/15/38
291,502‌
200,000
State
of
Connecticut
5
.000
01/15/39
231,082‌
1,000,000
State
of
Connecticut
Special
Tax
Revenue
5
.000
05/01/34
1,113,618‌
TOTAL
CONNECTICUT
9,068,886‌
DISTRICT
OF
COLUMBIA
-
0.9%
1,435,000
Metropolitan
Washington
Airports
Authority
Aviation
Revenue
5
.000
10/01/32
1,537,317‌
300,000
Washington
Metropolitan
Area
Transit
Authority
5
.000
07/01/32
315,558‌
TOTAL
DISTRICT
OF
COLUMBIA
1,852,875‌
FLORIDA
-
7.4%
2,500,000
Brevard
County
School
District
5
.000
07/01/31
2,629,200‌
210,000
City
of
Mount
Dora
FL
Fire
Protection
Assessment
Revenue
5
.000
05/01/30
224,084‌
1,000,000
County
of
Miami-Dade
FL
Water
&
Sewer
System
Revenue
5
.000
10/01/32
1,165,603‌
550,000
County
of
Okaloosa
FL
Sales
Tax
Revenue
5
.000
10/01/33
598,623‌
500,000
(a)
Florida
Development
Finance
Corp
12
.000
07/15/32
533,365‌
1,000,000
Florida
Development
Finance
Corp
5
.000
07/01/41
1,031,034‌
1,200,000
Greater
Orlando
Aviation
Authority
4
.000
10/01/35
1,208,849‌
5–15
Year
Laddered
Tax
Exempt
Bond
270
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
FLORIDA
(continued)
$
175,000
Hillsborough
County
Aviation
Authority
5
.000
%
10/01/31
$
185,136‌
190,000
Hillsborough
County
Aviation
Authority
5
.000
10/01/33
200,438‌
400,000
Hillsborough
County
Port
District
5
.000
06/01/29
426,983‌
1,000,000
Hillsborough
County
Port
District
5
.000
06/01/33
1,059,075‌
250,000
Palm
Beach
County
School
District
5
.000
08/01/39
285,529‌
500,000
School
District
of
Broward
County
5
.000
07/01/31
514,871‌
2,040,000
School
District
of
Broward
County
5
.000
07/01/32
2,271,141‌
2,500,000
State
of
Florida
5
.000
06/01/35
3,027,432‌
540,000
Volusia
County
Educational
Facility
Authority
5
.000
10/15/32
569,739‌
TOTAL
FLORIDA
15,931,102‌
GEORGIA
-
4.6%
2,500,000
City
of
Atlanta
GA
Department
of
Aviation
4
.000
07/01/34
2,527,462‌
1,000,000
Dahlonega
Downtown
Development
Authority
4
.000
07/01/37
1,006,769‌
1,250,000
Dahlonega
Downtown
Development
Authority
4
.000
07/01/38
1,254,945‌
1,000,000
Dahlonega
Downtown
Development
Authority
5
.000
07/01/39
1,041,583‌
865,000
Dalton
Whitfield
County
Joint
Development
Authority
5
.000
08/15/39
982,910‌
750,000
Gainesville
&
Hall
County
Hospital
Authority
5
.000
10/15/34
865,398‌
1,165,000
Main
Street
Natural
Gas,
Inc
5
.000
06/01/28
1,235,312‌
1,000,000
Main
Street
Natural
Gas,
Inc
5
.000
12/01/30
1,075,710‌
TOTAL
GEORGIA
9,990,089‌
GUAM
-
0.2%
200,000
Port
Authority
of
Guam
5
.000
07/01/29
210,768‌
200,000
Port
Authority
of
Guam
5
.000
07/01/30
209,935‌
TOTAL
GUAM
420,703‌
HAWAII
-
0.5%
1,000,000
State
of
Hawaii
Airports
System
Revenue
5
.000
07/01/41
1,006,446‌
TOTAL
HAWAII
1,006,446‌
ILLINOIS
-
11.7%
500,000
Chicago
Housing
Authority
5
.000
01/01/33
525,363‌
1,250,000
City
of
Chicago
IL
5
.000
01/01/29
1,339,709‌
3,315,000
City
of
Chicago
IL
5
.000
01/01/29
3,552,907‌
270,000
City
of
LeRoy
IL
3
.000
12/01/35
246,577‌
200,000
City
of
Waukegan
IL
Water
&
Sewer
System
Revenue
5
.000
12/30/31
218,519‌
1,750,000
County
of
Cook
IL
5
.000
11/15/31
1,829,181‌
1,355,000
County
of
Cook
IL
Sales
Tax
Revenue
4
.000
11/15/39
1,357,891‌
2,000,000
Illinois
Finance
Authority
5
.000
10/01/34
2,036,356‌
475,000
Illinois
Finance
Authority
5
.000
10/01/36
488,935‌
1,825,000
Illinois
State
Toll
Highway
Authority
5
.000
01/01/37
2,128,422‌
275,000
Illinois
State
Toll
Highway
Authority
5
.000
01/01/39
316,308‌
225,000
Madison
&
Jersey
Counties
Unit
School
District
No
11-Alton
5
.000
12/01/30
236,933‌
300,000
Metropolitan
Pier
&
Exposition
Authority
5
.000
12/15/34
314,309‌
2,500,000
Sales
Tax
Securitization
Corp
5
.000
01/01/31
2,773,034‌
1,655,000
State
of
Illinois
4
.000
02/01/30
1,690,364‌
1,500,000
State
of
Illinois
5
.000
03/01/37
1,638,892‌
1,043,000
Village
of
Bolingbrook
IL
4
.000
03/01/30
1,063,162‌
250,000
Village
of
Broadview
IL
5
.000
12/01/28
264,454‌
200,000
Village
of
Broadview
IL
5
.000
12/01/29
211,227‌
545,000
Village
of
Broadview
IL
5
.000
12/01/30
574,240‌
745,000
Village
of
Broadview
IL
5
.000
12/01/33
784,233‌
1,005,000
Village
of
Lyons
IL
4
.000
12/01/36
1,034,743‌
500,000
Village
of
Matteson
IL
5
.000
12/01/35
528,363‌
TOTAL
ILLINOIS
25,154,122‌
INDIANA
-
1.7%
500,000
Brownsburg
1999
School
Building
Corp
5
.000
01/15/30
534,427‌
1,045,000
Indianapolis
Local
Public
Improvement
Bond
Bank
6
.000
02/01/37
1,278,787‌
1,000,000
Indianapolis
Local
Public
Improvement
Bond
Bank
6
.000
02/01/39
1,208,691‌
271
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
INDIANA
(continued)
$
550,000
New
Castle
Middle
School
Building
Corp
5
.000
%
07/15/30
$
601,069‌
TOTAL
INDIANA
3,622,974‌
IOWA
-
1.8%
3,470,000
Iowa
Finance
Authority
5
.000
08/01/37
3,880,742‌
TOTAL
IOWA
3,880,742‌
KENTUCKY
-
1.3%
200,000
Kentucky
State
Property
&
Building
Commission
3
.500
05/01/32
200,707‌
1,250,000
Paducah
Electric
Plant
Board
5
.000
10/01/34
1,291,756‌
1,250,000
Paducah
Electric
Plant
Board
5
.000
10/01/35
1,291,266‌
TOTAL
KENTUCKY
2,783,729‌
LOUISIANA
-
0.9%
500,000
New
Orleans
Aviation
Board
5
.000
10/01/33
533,816‌
1,250,000
St.
Tammany
Parish
Hospital
Service
District
No
5
.000
07/01/33
1,332,125‌
TOTAL
LOUISIANA
1,865,941‌
MASSACHUSETTS
-
0.8%
1,500,000
Commonwealth
of
Massachusetts
5
.000
01/01/39
1,741,446‌
TOTAL
MASSACHUSETTS
1,741,446‌
MICHIGAN
-
4.3%
200,000
City
of
Monroe
MI
4
.000
05/01/36
204,370‌
1,000,000
City
of
Southfield
MI
4
.000
05/01/29
1,037,133‌
500,000
Michigan
Finance
Authority
5
.000
02/28/37
566,149‌
4,380,000
Michigan
State
Housing
Development
Authority
4
.500
12/01/38
4,581,755‌
385,000
Wayne
County
Airport
Authority
5
.000
12/01/29
421,603‌
2,270,000
Wayne-Westland
Community
Schools
4
.000
11/01/38
2,357,363‌
TOTAL
MICHIGAN
9,168,373‌
MINNESOTA
-
4.0%
1,055,000
City
of
Minneapolis
MN
5
.000
11/15/33
1,100,775‌
70,000
Duluth
Economic
Development
Authority
5
.000
02/15/33
73,544‌
250,000
Forest
Lake
Independent
School
District
No
831
3
.000
02/01/30
251,135‌
400,000
Hawley
Independent
School
District
No
150
5
.000
02/01/38
435,411‌
1,500,000
Howard
Lake-Waverly-Winsted
Independent
School
District
No
2687
5
.000
02/01/36
1,714,063‌
1,695,000
Le
Sueur-Henderson
Independent
School
District
No
2397
5
.000
02/01/31
1,938,363‌
2,500,000
Osseo
Independent
School
District
No
279
5
.000
02/01/35
2,868,527‌
285,000
Plymouth
Intermediate
District
No
287
4
.000
05/01/31
287,194‌
TOTAL
MINNESOTA
8,669,012‌
MISSISSIPPI
-
2.1%
1,000,000
Mississippi
Development
Bank
5
.000
03/01/35
1,018,641‌
800,000
Mississippi
Development
Bank
4
.000
10/01/38
812,746‌
2,485,000
State
of
Mississippi
Gaming
Tax
Revenue
5
.000
10/15/33
2,644,720‌
TOTAL
MISSISSIPPI
4,476,107‌
MISSOURI
-
0.5%
425,000
Missouri
Joint
Municipal
Electric
Utility
Commission
5
.250
12/01/38
476,657‌
555,000
North
Kansas
City
School
District
No
74
3
.000
03/01/32
543,594‌
TOTAL
MISSOURI
1,020,251‌
NEVADA
-
0.4%
700,000
County
of
Clark
NV
3
.125
11/01/35
694,788‌
200,000
State
of
Nevada
3
.125
02/01/31
199,729‌
TOTAL
NEVADA
894,517‌
NEW
JERSEY
-
6.2%
2,500,000
New
Jersey
Economic
Development
Authority
5
.000
11/01/35
2,709,940‌
1,000,000
New
Jersey
Transportation
Trust
Fund
Authority
5
.000
06/15/29
1,033,806‌
765,000
New
Jersey
Transportation
Trust
Fund
Authority
5
.000
12/15/33
824,048‌
3,000,000
New
Jersey
Transportation
Trust
Fund
Authority
5
.000
06/15/34
3,226,235‌
2,500,000
New
Jersey
Transportation
Trust
Fund
Authority
5
.000
06/15/38
2,814,320‌
1,025,000
New
Jersey
Transportation
Trust
Fund
Authority
4
.000
06/15/39
1,054,756‌
500,000
South
Jersey
Port
Corp
5
.000
01/01/48
511,463‌
1,300,000
Toms
River
Board
of
Education
3
.000
07/15/38
1,211,176‌
TOTAL
NEW
JERSEY
13,385,744‌
NEW
YORK
-
4.6%
2,500,000
City
of
New
York
NY
5
.000
08/01/30
2,825,557‌
650,000
City
of
New
York
NY
5
.000
08/01/39
700,644‌
5–15
Year
Laddered
Tax
Exempt
Bond
272
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
NEW
YORK
(continued)
$
200,000
Long
Island
Power
Authority
3
.000
%
09/01/36
$
191,579‌
545,000
Metropolitan
Transportation
Authority
4
.000
11/15/34
550,951‌
220,000
Metropolitan
Transportation
Authority
4
.000
11/15/37
222,805‌
1,250,000
Metropolitan
Transportation
Authority
5
.000
11/15/50
1,311,845‌
200,000
New
York
City
Municipal
Water
Finance
Authority
3
.500
06/15/32
200,631‌
350,000
New
York
City
Transitional
Finance
Authority
Future
Tax
Secured
Revenue
4
.000
05/01/37
355,802‌
125,000
New
York
State
Dormitory
Authority
5
.000
07/01/38
140,420‌
305,000
New
York
State
Urban
Development
Corp
5
.000
03/15/38
325,235‌
375,000
New
York
Transportation
Development
Corp
5
.000
07/01/30
375,544‌
1,080,000
New
York
Transportation
Development
Corp
4
.000
10/01/30
1,090,489‌
715,000
New
York
Transportation
Development
Corp
5
.000
01/01/36
736,516‌
140,000
New
York
Transportation
Development
Corp
5
.500
06/30/39
154,879‌
500,000
Triborough
Bridge
&
Tunnel
Authority
5
.000
11/15/37
581,196‌
100,000
Watervliet
City
School
District
3
.500
06/15/34
97,717‌
TOTAL
NEW
YORK
9,861,810‌
NORTH
CAROLINA
-
0.7%
100,000
Appalachian
State
University
3
.000
10/01/31
98,768‌
250,000
Charlotte-Mecklenburg
Hospital
Authority
5
.000
01/15/30
279,704‌
300,000
North
Carolina
Housing
Finance
Agency
4
.000
07/01/39
304,964‌
830,000
North
Carolina
Housing
Finance
Agency
4
.900
07/01/43
869,999‌
TOTAL
NORTH
CAROLINA
1,553,435‌
OHIO
-
1.8%
1,000,000
American
Municipal
Power,
Inc
5
.000
02/15/34
1,077,777‌
200,000
City
of
Akron
OH
Income
Tax
Revenue
3
.500
12/01/33
199,106‌
240,000
City
of
Toledo
OH
4
.000
12/01/29
252,261‌
250,000
City
of
Toledo
OH
4
.000
12/01/30
260,745‌
200,000
City
of
Toledo
OH
4
.000
12/01/31
208,057‌
1,500,000
County
of
Miami
OH
5
.000
08/01/32
1,596,176‌
235,000
Jackson
Milton
Local
School
District
4
.000
06/01/31
236,716‌
TOTAL
OHIO
3,830,838‌
OKLAHOMA
-
2.5%
3,500,000
Cushing
Educational
Facilities
Authority
5
.000
09/01/32
3,923,947‌
695,000
Marshall
County
Educational
Facilities
Authority
5
.000
09/01/31
731,909‌
750,000
Oklahoma
Development
Finance
Authority
5
.000
08/15/28
790,063‌
TOTAL
OKLAHOMA
5,445,919‌
OREGON
-
0.5%
1,000,000
Tri-County
Metropolitan
Transportation
District
of
Oregon
5
.000
10/01/28
1,075,889‌
TOTAL
OREGON
1,075,889‌
PENNSYLVANIA
-
2.0%
1,025,000
Norristown
Area
School
District
4
.000
09/01/31
1,047,031‌
1,660,000
North
Pocono
School
District
4
.000
09/15/29
1,748,887‌
505,000
State
Public
School
Building
Authority
5
.000
10/01/34
561,807‌
915,000
Township
of
Northampton
PA
4
.000
05/15/33
921,977‌
TOTAL
PENNSYLVANIA
4,279,702‌
RHODE
ISLAND
-
0.8%
1,435,000
Rhode
Island
Health
and
Educational
Building
Corp
5
.000
05/15/36
1,645,909‌
TOTAL
RHODE
ISLAND
1,645,909‌
TENNESSEE
-
1.9%
1,140,000
Metropolitan
Government
of
Nashville
&
Davidson
County
TN
4
.000
07/01/38
1,158,913‌
755,000
Tennessee
Energy
Acquisition
Corp
4
.000
11/01/49
759,282‌
2,000,000
Tennessee
Energy
Acquisition
Corp
5
.000
05/01/53
2,106,323‌
TOTAL
TENNESSEE
4,024,518‌
TEXAS
-
11.7%
1,105,000
Canyon
Independent
School
District
4
.000
02/15/38
1,127,829‌
1,210,000
Central
Texas
Regional
Mobility
Authority
5
.000
01/01/29
1,293,777‌
310,000
City
of
Baytown
TX
3
.500
02/01/29
310,550‌
205,000
City
of
Dallas
TX
5
.000
02/15/30
215,940‌
2,000,000
City
of
El
Paso
TX
Airport
Revenue
5
.000
08/15/28
2,134,464‌
1,970,000
City
of
Houston
TX
5
.000
03/01/32
2,064,135‌
1,650,000
City
of
Houston
TX
Airport
System
Revenue
5
.000
07/01/35
1,835,949‌
2,500,000
City
of
McKinney
TX
5
.000
08/15/39
2,874,998‌
273
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
TEXAS
(continued)
$
2,000,000
City
of
San
Antonio
TX
Electric
&
Gas
Systems
Revenue
5
.000
%
02/01/46
$
2,145,139‌
985,000
County
of
Nueces
TX
5
.000
02/15/34
1,011,472‌
1,225,000
El
Paso
County
Community
College
District
5
.000
04/01/38
1,259,788‌
1,125,000
Fort
Worth
Independent
School
District
5
.000
02/15/35
1,306,028‌
400,000
Harris
County
Municipal
Utility
District
No
367
3
.000
09/01/31
387,049‌
1,000,000
North
Texas
Tollway
Authority
5
.000
01/01/30
1,068,342‌
420,000
Port
Freeport
TX
5
.000
06/01/28
448,346‌
825,000
Port
Freeport
TX
5
.000
06/01/29
872,130‌
865,000
Port
Freeport
TX
5
.000
06/01/30
911,001‌
935,000
Port
Freeport
TX
5
.000
06/01/32
978,894‌
1,385,000
Texas
Municipal
Power
Agency
3
.000
09/01/40
1,217,500‌
1,370,000
University
of
Houston
4
.000
02/15/37
1,376,780‌
285,000
Williamson
County
Municipal
Utility
District
No
19
4
.250
08/15/37
290,754‌
TOTAL
TEXAS
25,130,865‌
UTAH
-
1.2%
475,000
City
of
Salt
Lake
City
UT
Airport
Revenue
5
.000
07/01/31
501,172‌
1,000,000
City
of
Salt
Lake
City
UT
Airport
Revenue
5
.000
07/01/32
1,053,175‌
1,000,000
City
of
Salt
Lake
City
UT
Airport
Revenue
5
.000
07/01/33
1,051,939‌
TOTAL
UTAH
2,606,286‌
VIRGIN
ISLANDS
-
1.2%
2,500,000
(a)
Virgin
Islands
Public
Finance
Authority
5
.000
09/01/33
2,521,902‌
TOTAL
VIRGIN
ISLANDS
2,521,902‌
VIRGINIA
-
3.1%
1,065,000
County
of
Fairfax
VA
Sewer
Revenue
4
.000
07/15/38
1,119,138‌
700,000
Virginia
College
Building
Authority
3
.000
02/01/32
691,923‌
1,750,000
Virginia
Commonwealth
Transportation
Board
5
.000
05/15/37
2,057,848‌
350,000
Virginia
Housing
Development
Authority
4
.375
07/01/38
369,941‌
2,000,000
Virginia
Small
Business
Financing
Authority
4
.000
01/01/36
2,008,074‌
400,000
Virginia
Small
Business
Financing
Authority
5
.000
12/31/47
424,974‌
TOTAL
VIRGINIA
6,671,898‌
WASHINGTON
-
1.9%
1,610,000
City
of
Tukwila
WA
3
.000
12/01/31
1,596,528‌
1,000,000
Pend
Oreille
County
Public
Utility
District
No  Box
Canyon
5
.000
01/01/29
1,059,322‌
1,000,000
State
of
Washington
5
.000
02/01/39
1,057,658‌
270,000
State
of
Washington
5
.000
06/01/39
292,320‌
TOTAL
WASHINGTON
4,005,828‌
WEST
VIRGINIA
-
0.9%
750,000
West
Virginia
Hospital
Finance
Authority
5
.000
01/01/29
788,377‌
1,215,000
West
Virginia
Hospital
Finance
Authority
5
.000
01/01/30
1,275,205‌
TOTAL
WEST
VIRGINIA
2,063,582‌
WISCONSIN
-
1.3%
1,000,000
City
of
Milwaukee
WI
4
.000
04/01/33
1,024,773‌
1,000,000
City
of
Milwaukee
WI
4
.000
04/01/34
1,021,554‌
755,000
State
of
Wisconsin
4
.000
05/01/41
753,911‌
TOTAL
WISCONSIN
2,800,238‌
WYOMING
-
0.1%
250,000
Wyoming
Municipal
Power
Agency,
Inc
4
.000
01/01/36
258,957‌
TOTAL
WYOMING
258,957‌
TOTAL
LONG-TERM
MUNICIPAL
BONDS
(Cost
$208,328,038)
210,525,795‌
TOTAL
LONG-TERM
INVESTMENTS
(Cost
$208,328,038)
210,525,795‌
5–15
Year
Laddered
Tax
Exempt
Bond
274
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
SHORT-TERM
INVESTMENTS
-
1.0%
GOVERNMENT
AGENCY
DEBT
-
0.1%
$
133,000
Federal
National
Mortgage
Association
(FNMA)
0
.000
%
10/23/24
$
132,605‌
TOTAL
GOVERNMENT
AGENCY
DEBT
132,605‌
REPURCHASE
AGREEMENT
-
0.9%
1,900,000
(b)
Bank
of
New
York
Mellon
4
.860
10/01/24
1,900,000‌
TOTAL
REPURCHASE
AGREEMENT
1,900,000‌
TOTAL
SHORT-TERM
INVESTMENTS
(Cost
$2,032,622)
2,032,605‌
TOTAL
INVESTMENTS
-
98.9%
(Cost
$210,360,660)
212,558,400‌
OTHER
ASSETS
&
LIABILITIES,
NET
-
1.1%
2,461,447‌
NET
ASSETS
-
100.0%
$
215,019,847‌
(a)
Security
is
exempt
from
registration
under
Rule
144A
of
the
Securities
Act
of
1933,
as
amended.
These
securities
are
deemed
liquid
and
may
be
resold
in
transactions
exempt
from
registration,
which
are
normally
those
transactions
with
qualified
institutional
buyers.
As
of
the
end
of
the
reporting
period,
the
aggregate
value
of
these
securities
is
$3,293,641
or
1.5%
of
Total
Investments.
(b)
Agreement
with
Bank
of
New
York
Mellon,
4.860%
dated
9/30/24
to
be
repurchased
at
$1,936,653
on
10/1/24,
collateralized
by
Government
Agency
Securities,
with
coupon
rate
4.875%
and
maturity
date
10/31/28,
valued
at
$1,938,088.
Consolidated
Portfolio
of
Investments
September
30,
2024
Green
Bond
275
See
Notes
to
Financial
Statements
(Unaudited)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
LONG-TERM
INVESTMENTS
-
98.2%
BANK
LOAN
OBLIGATIONS
-
1.7%
COMMERCIAL
&
PROFESSIONAL
SERVICES
-
0.3%
$
483,750
(a)
LTR
Intermediate
Holdings,
Inc,
(TSFR1M
+
4.500%)
9
.460
%
05/05/28
$
470,101‌
TOTAL
COMMERCIAL
&
PROFESSIONAL
SERVICES
470,101‌
UTILITIES
-
1.4%
420,098
(a)
Constellation
Renewables
LLC,
(TSFR3M
+
2.250%)
7
.307
12/15/27
421,200‌
897,500
(a)
TerraForm
Power
Operating
LLC,
(TSFR3M
+
2.500%)
7
.204
05/21/29
900,027‌
995,000
(a)
Vistra
Operations
Co
LLC,
(TSFR1M
+
2.750%)
7
.595
04/30/31
999,104‌
TOTAL
UTILITIES
2,320,331‌
TOTAL
BANK
LOAN
OBLIGATIONS
(Cost
$2,776,825)
2,790,432‌
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
CORPORATE
BONDS
-
54
.3
%
AUTOMOBILES
&
COMPONENTS
-
1.7%
1,250,000
Ford
Motor
Co
3
.250
02/12/32
1,064,531‌
775,000
General
Motors
Co
5
.400
10/15/29
794,533‌
1,000,000
Toyota
Motor
Credit
Corp
2
.150
02/13/30
902,351‌
TOTAL
AUTOMOBILES
&
COMPONENTS
2,761,415‌
BANKS
-
2.7%
1,000,000
Bank
of
America
Corp
2
.456
10/22/25
998,221‌
1,000,000
Citigroup,
Inc
5
.833
10/30/24
1,000,465‌
1,000,000
(b)
Cooperatieve
Rabobank
UA
1
.106
02/24/27
953,850‌
500,000
(b)
ING
Groep
NV
4
.625
01/06/26
501,155‌
1,000,000
Wells
Fargo
&
Co
4
.540
08/15/26
998,256‌
TOTAL
BANKS
4,451,947‌
CAPITAL
GOODS
-
0.8%
1,250,000
Conservation
Fund
3
.474
12/15/29
1,173,638‌
250,000
(b)
Sociedad
de
Transmision
Austral
S.A.
4
.000
01/27/32
230,834‌
TOTAL
CAPITAL
GOODS
1,404,472‌
COMMERCIAL
&
PROFESSIONAL
SERVICES
-
0.3%
500,000
Nature
Conservancy
1
.511
07/01/29
435,817‌
TOTAL
COMMERCIAL
&
PROFESSIONAL
SERVICES
435,817‌
CONSUMER
DURABLES
&
APPAREL
-
0.1%
250,000
Whirlpool
Corp
2
.400
05/15/31
214,543‌
TOTAL
CONSUMER
DURABLES
&
APPAREL
214,543‌
CONSUMER
SERVICES
-
0.5%
750,000
Family
Forest
Impact
Foundation
LLC
5
.500
07/01/32
761,890‌
TOTAL
CONSUMER
SERVICES
761,890‌
CONSUMER
STAPLES
DISTRIBUTION
&
RETAIL
-
1.4%
1,000,000
SYSCO
Corp
2
.400
02/15/30
906,713‌
1,575,000
Walmart,
Inc
1
.800
09/22/31
1,369,761‌
TOTAL
CONSUMER
STAPLES
DISTRIBUTION
&
RETAIL
2,276,474‌
ENERGY
-
1.0%
1,000,000
(b)
New
York
State
Electric
&
Gas
Corp
5
.650
08/15/28
1,041,962‌
575,000
(b)
Raizen
Fuels
Finance
S.A.
6
.450
03/05/34
608,583‌
TOTAL
ENERGY
1,650,545‌
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
-
1.0%
406,000
ERP
Operating
LP
4
.150
12/01/28
405,141‌
1,225,000
Host
Hotels
&
Resorts
LP
5
.700
07/01/34
1,264,844‌
TOTAL
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
1,669,985‌
FINANCIAL
SERVICES
-
5.7%
1,000,000
BB
Blue
Financing
DAC
4
.395
09/20/29
1,010,245‌
1,000,000
BB
Blue
Financing
DAC
4
.395
09/20/37
1,030,575‌
1,000,000
Goldman
Sachs
Group,
Inc
4
.387
06/15/27
1,002,207‌
1,000,000
(b)
GPS
Blue
Financing
DAC
5
.645
11/09/41
1,005,000‌
400,000
(b)
Hannon
Armstrong
Sustainable
Infrastructure
Capital,
Inc
6
.375
07/01/34
409,453‌
250,000
(b)
HAT
Holdings
I
LLC
3
.375
06/15/26
242,096‌
250,000
(b)
HAT
Holdings
I
LLC
8
.000
06/15/27
264,846‌
Green
Bond
276
See
Notes
to
Financial
Statements
Consolidated
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
FINANCIAL
SERVICES
-
5.7%
(continued)
$
1,100,000
Kreditanstalt
fuer
Wiederaufbau
4
.375
%
02/28/34
$
1,143,889‌
1,000,000
Mastercard,
Inc
1
.900
03/15/31
877,594‌
1,000,000
National
Rural
Utilities
Cooperative
Finance
Corp
1
.350
03/15/31
830,408‌
1,000,000
National
Rural
Utilities
Cooperative
Finance
Corp
4
.150
12/15/32
980,634‌
285,000
(b)
Starwood
Property
Trust,
Inc
4
.375
01/15/27
277,728‌
500,000
(b)
WLB
Asset
II
C
Pte
Ltd
3
.900
12/23/25
473,428‌
TOTAL
FINANCIAL
SERVICES
9,548,103‌
FOOD,
BEVERAGE
&
TOBACCO
-
1.6%
650,000
(b)
Mars,
Inc
4
.650
04/20/31
655,668‌
250,000
(b)
NBM
US
Holdings,
Inc
6
.625
08/06/29
254,399‌
1,000,000
PepsiCo,
Inc
3
.900
07/18/32
984,017‌
1,000,000
PepsiCo,
Inc
2
.875
10/15/49
714,680‌
TOTAL
FOOD,
BEVERAGE
&
TOBACCO
2,608,764‌
HEALTH
CARE
EQUIPMENT
&
SERVICES
-
0.5%
1,000,000
Kaiser
Foundation
Hospitals
2
.810
06/01/41
771,101‌
TOTAL
HEALTH
CARE
EQUIPMENT
&
SERVICES
771,101‌
INSURANCE
-
1.2%
1,000,000
(b)
Muenchener
Rueckversicherungs-Gesellschaft
AG.
in
Muenchen
5
.875
05/23/42
1,047,580‌
1,000,000
(b)
USAA
Capital
Corp
2
.125
05/01/30
894,464‌
TOTAL
INSURANCE
1,942,044‌
MATERIALS
-
3.5%
750,000
Air
Products
and
Chemicals,
Inc
4
.800
03/03/33
774,730‌
685,000
(b)
Alcoa
Nederland
Holding
BV
7
.125
03/15/31
730,227‌
425,000
(b)
Cemex
SAB
de
C.V.
9
.125
N/A(c)
463,588‌
1,000,000
(b)
FMG
Resources
August
2006
Pty
Ltd
6
.125
04/15/32
1,022,859‌
200,000
(b)
LD
Celulose
International
GmbH
7
.950
01/26/32
205,250‌
1,000,000
LG
Chem
Ltd
3
.250
10/15/24
999,276‌
570,000
(b)
LG
Chem
Ltd
4
.375
07/14/25
568,459‌
900,000
(b)
Smurfit
Kappa
Treasury
ULC
5
.200
01/15/30
929,759‌
195,750
(b)
Star
Energy
Geothermal
Wayang
Windu
Ltd
6
.750
04/24/33
199,908‌
TOTAL
MATERIALS
5,894,056‌
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
-
0.5%
1,000,000
Pfizer,
Inc
2
.625
04/01/30
927,695‌
TOTAL
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
927,695‌
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
-
1.1%
1,000,000
Intel
Corp
4
.150
08/05/32
952,880‌
1,000,000
NXP
BV
3
.400
05/01/30
944,636‌
TOTAL
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
1,897,516‌
TECHNOLOGY
HARDWARE
&
EQUIPMENT
-
1.2%
2,000,000
Apple,
Inc
3
.000
06/20/27
1,964,511‌
TOTAL
TECHNOLOGY
HARDWARE
&
EQUIPMENT
1,964,511‌
TELECOMMUNICATION
SERVICES
-
1.7%
1,500,000
Verizon
Communications,
Inc
1
.500
09/18/30
1,286,969‌
1,000,000
Verizon
Communications,
Inc
2
.850
09/03/41
752,102‌
1,000,000
Verizon
Communications,
Inc
3
.875
03/01/52
819,736‌
TOTAL
TELECOMMUNICATION
SERVICES
2,858,807‌
TRANSPORTATION
-
0.1%
250,000
Norfolk
Southern
Corp
2
.300
05/15/31
221,450‌
TOTAL
TRANSPORTATION
221,450‌
UTILITIES
-
27.7%
1,050,000
AES
Corp
7
.600
01/15/55
1,104,643‌
527,000
Ameren
Illinois
Co
2
.900
06/15/51
360,706‌
1,000,000
Avangrid,
Inc
3
.150
12/01/24
996,244‌
1,075,000
(b)
Comision
Federal
de
Electricidad
5
.700
01/24/30
1,077,365‌
215,000
(b)
Consorcio
Transmantaro
SA
4
.700
04/16/34
210,388‌
769,616
Consumers
2023
Securitization
Funding
LLC
5
.550
03/01/27
777,920‌
944,989
(b)
Continental
Wind
LLC
6
.000
02/28/33
977,374‌
1,000,000
Dominion
Energy,
Inc
2
.250
08/15/31
865,055‌
2,000,000
DTE
Electric
Co
1
.900
04/01/28
1,859,343‌
1,000,000
DTE
Electric
Co
3
.950
03/01/49
846,489‌
1,000,000
DTE
Electric
Co
3
.250
04/01/51
743,672‌
277
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
UTILITIES
-
27.7%
(continued)
$
1,000,000
Duke
Energy
Carolinas
LLC
2
.850
%
03/15/32
$
902,534‌
500,000
Duke
Energy
Carolinas
LLC
3
.550
03/15/52
385,171‌
1,000,000
Duke
Energy
Florida
LLC
2
.500
12/01/29
925,576‌
1,000,000
Duke
Energy
Florida
LLC
3
.000
12/15/51
693,255‌
1,000,000
Duke
Energy
Progress
LLC
3
.450
03/15/29
973,668‌
1,000,000
Duke
Energy
Progress
LLC
4
.000
04/01/52
835,289‌
250,000
(b)
Electricite
de
France
S.A.
3
.625
10/13/25
247,553‌
1,000,000
Georgia
Power
Co
3
.250
04/01/26
987,073‌
1,000,000
(b)
Liberty
Utilities
Finance
GP
2
.050
09/15/30
860,968‌
1,000,000
MidAmerican
Energy
Co
3
.100
05/01/27
978,695‌
500,000
MidAmerican
Energy
Co
2
.700
08/01/52
329,044‌
975,000
MidAmerican
Energy
Co
5
.850
09/15/54
1,085,866‌
1,050,000
MidAmerican
Energy
Co
5
.300
02/01/55
1,085,289‌
1,398,000
(b)
New
York
State
Electric
&
Gas
Corp
2
.150
10/01/31
1,174,012‌
1,016,000
(b)
NextEra
Energy
Operating
Partners
LP
7
.250
01/15/29
1,071,249‌
1,000,000
(b)
Niagara
Mohawk
Power
Corp
1
.960
06/27/30
876,667‌
1,000,000
Northern
States
Power
Co
5
.400
03/15/54
1,056,016‌
500,000
Northwest
Natural
Gas
Co
3
.078
12/01/51
329,628‌
1,000,000
Oncor
Electric
Delivery
Co
LLC
0
.550
10/01/25
963,581‌
1,000,000
Pacific
Gas
and
Electric
Co
6
.700
04/01/53
1,144,498‌
1,000,000
PG&E
Recovery
Funding
LLC
5
.529
06/01/51
1,058,097‌
529,000
Public
Service
Co
of
Colorado
3
.700
06/15/28
521,310‌
1,000,000
Public
Service
Co
of
Colorado
3
.200
03/01/50
715,131‌
500,000
Public
Service
Co
of
Colorado
5
.750
05/15/54
541,585‌
1,000,000
Public
Service
Co
of
Oklahoma
2
.200
08/15/31
853,733‌
1,000,000
Public
Service
Electric
and
Gas
Co
3
.100
03/15/32
919,662‌
250,000
Public
Service
Electric
and
Gas
Co
4
.650
03/15/33
253,541‌
175,000
(b)
RWE
Finance
US
LLC
5
.875
04/16/34
182,966‌
550,000
San
Diego
Gas
&
Electric
Co
4
.950
08/15/28
565,147‌
1,000,000
San
Diego
Gas
&
Electric
Co
2
.950
08/15/51
701,920‌
1,000,000
SCE
Recovery
Funding
LLC
2
.943
11/15/42
852,576‌
960,000
SCE
Recovery
Funding
LLC
3
.240
11/15/46
744,226‌
692,527
(b)
Solar
Star
Funding
LLC
3
.950
06/30/35
644,471‌
1,000,000
Southern
California
Edison
Co
2
.750
02/01/32
889,611‌
1,162,000
Southern
California
Edison
Co
3
.650
06/01/51
891,651‌
1,000,000
Southern
Power
Co
4
.150
12/01/25
994,646‌
1,000,000
Southwestern
Electric
Power
Co
3
.250
11/01/51
692,161‌
1,000,000
Southwestern
Public
Service
Co
3
.150
05/01/50
698,663‌
943,910
(b)
Sweihan
PV
Power
Co
PJSC
3
.625
01/31/49
802,323‌
282,697
(b)
Topaz
Solar
Farms
LLC
4
.875
09/30/39
254,427‌
885,045
(b)
Topaz
Solar
Farms
LLC
5
.750
09/30/39
875,887‌
172,354
(b)
UEP
Penonome
II
S.A.
6
.500
10/01/38
149,343‌
1,000,000
Union
Electric
Co
2
.150
03/15/32
856,665‌
1,000,000
Union
Electric
Co
2
.625
03/15/51
648,640‌
2,000,000
(b)
Vistra
Corp
7
.000
N/A(c)
2,041,608‌
1,000,000
Wisconsin
Power
and
Light
Co
3
.950
09/01/32
961,207‌
TOTAL
UTILITIES
46,036,028‌
TOTAL
CORPORATE
BONDS
(Cost
$92,471,130)
90,297,163‌
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
GOVERNMENT
BONDS
-
24.8%
AGENCY
SECURITIES
-
1.1%
1,000,000
Hashemite
Kingdom
of
Jordan
Government
AID
Bond
3
.000
06/30/25
987,784‌
250,000
United
States
International
Development
Finance
Corp
1
.650
04/15/28
233,982‌
163,103
United
States
International
Development
Finance
Corp
1
.050
10/15/29
150,879‌
163,103
United
States
International
Development
Finance
Corp
1
.790
10/15/29
153,845‌
163,103
United
States
International
Development
Finance
Corp
2
.360
10/15/29
156,130‌
218,276
United
States
International
Development
Finance
Corp
1
.630
07/15/38
181,643‌
TOTAL
AGENCY
SECURITIES
1,864,263‌
FOREIGN
GOVERNMENT
BONDS
-
14.0%
1,000,000
African
Development
Bank
5
.750
08/07/72
994,096‌
Green
Bond
278
See
Notes
to
Financial
Statements
Consolidated
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
FOREIGN
GOVERNMENT
BONDS
(continued)
$
700,000
Arab
Petroleum
Investments
Corp
1
.483
%
10/06/26
$
662,039‌
300,000
(b)
Arab
Petroleum
Investments
Corp
1
.483
10/06/26
283,730‌
1,000,000
(b)
Arab
Petroleum
Investments
Corp
5
.428
05/02/29
1,042,548‌
1,000,000
Asian
Development
Bank
1
.750
08/14/26
964,150‌
750,000
Asian
Development
Bank
3
.125
09/26/28
737,696‌
1,000,000
Asian
Infrastructure
Investment
Bank
4
.875
09/14/26
1,020,717‌
250,000
(b)
CDP
Financial,
Inc
1
.000
05/26/26
238,346‌
150,000
(b)
Dominican
Republic
International
Bond
6
.600
06/01/36
158,952‌
2,000,000
European
Investment
Bank
2
.500
10/15/24
1,998,051‌
830,000
European
Investment
Bank
3
.250
11/15/27
821,647‌
250,000
European
Investment
Bank
1
.625
10/09/29
227,199‌
1,500,000
European
Investment
Bank
0
.750
09/23/30
1,268,767‌
1,000,000
European
Investment
Bank
3
.750
02/14/33
992,975‌
1,000,000
Export
Development
Canada
4
.750
06/05/34
1,068,053‌
1,000,000
Inter-American
Investment
Corp
2
.625
04/22/25
989,801‌
500,000
International
Bank
for
Reconstruction
&
Development
2
.125
03/03/25
495,110‌
1,000,000
International
Bank
for
Reconstruction
&
Development
0
.000
03/31/27
910,759‌
500,000
International
Bank
for
Reconstruction
&
Development
0
.000
03/31/28
495,924‌
1,500,000
International
Bank
for
Reconstruction
&
Development
1
.745
07/31/33
1,522,620‌
500,000
(b)
Korea
Electric
Power
Corp
4
.875
01/31/27
507,680‌
2,053,000
Kreditanstalt
fuer
Wiederaufbau
0
.750
09/30/30
1,736,037‌
1,610,000
OMERS
Finance
Trust
3
.500
04/19/32
1,540,549‌
2,000,000
(b)
OMERS
Finance
Trust
4
.000
04/19/52
1,701,315‌
1,000,000
(b)
OPEC
Fund
for
International
Development
4
.500
01/26/26
1,002,899‌
TOTAL
FOREIGN
GOVERNMENT
BONDS
23,381,660‌
MORTGAGE
BACKED
-
0.3%
250,000
(a)
Fannie
Mae-Aces
1
.518
11/25/30
215,080‌
250,000
(a)
Fannie
Mae-Aces
1
.287
01/25/31
212,126‌
TOTAL
MORTGAGE
BACKED
427,206‌
MUNICIPAL
BONDS
-
9.3%
1,000,000
American
Municipal
Power,
Inc
8
.084
02/15/50
1,365,659‌
800,000
California
Community
Choice
Financing
Authority
5
.950
08/01/29
823,159‌
1,000,000
California
Community
Choice
Financing
Authority
6
.125
04/01/30
1,042,683‌
180,000
(b)
California
Municipal
Finance
Authority
6
.375
11/15/48
180,801‌
500,000
City
&
County
of
San
Francisco
CA
Community
Facilities
District
No
2014
6
.332
09/01/51
536,661‌
300,000
City
of
Cleveland
OH
Income
Tax
Revenue
3
.072
10/01/41
242,322‌
142,958
(d)
City
of
Fort
Wayne
IN
10
.750
12/01/29
14‌
250,000
(b)
County
of
Gallatin
MT
11
.500
09/01/27
260,600‌
1,000,000
(b)
Florida
Development
Finance
Corp
8
.250
07/01/57
1,029,920‌
290,000
Klickitat
County
Public
Utilities
3
.688
12/01/38
259,365‌
250,000
(e)
Los
Angeles
Unified
School
District
4
.850
01/01/25
249,981‌
350,000
Maryland
Economic
Development
Corp
5
.942
05/31/57
364,589‌
315,000
Massachusetts
Clean
Energy
Cooperative
Corp
2
.485
07/01/32
279,630‌
80,000
Metropolitan
Transportation
Authority
5
.175
11/15/49
74,483‌
170,000
Morris
County
Improvement
Authority
1
.298
06/15/27
159,044‌
210,000
Mount
Shasta
Public
Financing
Authority
3
.000
08/01/35
205,368‌
220,000
Mount
Shasta
Public
Financing
Authority
2
.625
08/01/36
194,857‌
120,000
Mount
Shasta
Public
Financing
Authority
2
.625
08/01/37
105,296‌
160,000
Mount
Shasta
Public
Financing
Authority
2
.750
08/01/38
140,104‌
165,000
Mount
Shasta
Public
Financing
Authority
2
.750
08/01/39
141,446‌
2,000,000
(a),(b)
New
Hampshire
Business
Finance
Authority
5
.050
02/01/29
2,000,000‌
850,000
(a),(b)
New
Hampshire
Business
Finance
Authority
4
.850
07/01/33
850,000‌
1,840,000
New
York
State
Energy
Research
&
Development
Authority
4
.521
04/01/26
1,837,515‌
195,000
New
York
State
Energy
Research
&
Development
Authority
3
.927
04/01/27
192,947‌
240,000
(b),(d),(f)
Pennsylvania
Economic
Development
Financing
Authority
10
.000
12/01/29
24‌
1,000,000
Philadelphia
Energy
Authority
5
.048
11/01/27
1,027,389‌
750,000
San
Francisco
City
&
County
Public
Utilities
Commission
Wastewater
Revenue
4
.655
10/01/27
764,989‌
823,467
State
of
Hawaii
Department
of
Business
Economic
Development
&
Tourism
3
.242
01/01/31
807,209‌
279
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MUNICIPAL
BONDS
(continued)
$
250,000
Tuolumne
Wind
Project
Authority
6
.918
%
01/01/34
$
279,416‌
TOTAL
MUNICIPAL
BONDS
15,415,471‌
U.S.
TREASURY
SECURITIES
-
0.1%
194,000
United
States
Treasury
Note
4
.625
05/15/54
210,429‌
TOTAL
U.S.
TREASURY
SECURITIES
210,429‌
TOTAL
GOVERNMENT
BONDS
(Cost
$41,734,203)
41,299,029‌
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
STRUCTURED
ASSETS
-
16.9%
ASSET
BACKED
-
11.3%
125,000
(a),(b)
BFLD
Trust,
(TSFR1M
+
2.214%)
7
.311
10/15/35
16,754‌
Series
-
2020
EYP
(Class
C)
70,150
(b)
GoodLeap
Sustainable
Home
Solutions
Trust
2
.100
05/20/48
56,754‌
Series
-
2021
3CS
(Class
A)
245,981
(b)
GoodLeap
Sustainable
Home
Solutions
Trust
1
.930
07/20/48
197,839‌
Series
-
2021
4GS
(Class
A)
237,447
(b)
GoodLeap
Sustainable
Home
Solutions
Trust
2
.560
10/20/48
186,968‌
Series
-
2021
5CS
(Class
B)
387,119
(b)
GoodLeap
Sustainable
Home
Solutions
Trust
2
.700
01/20/49
332,427‌
Series
-
2022
1GS
(Class
A)
855,623
(b)
GoodLeap
Sustainable
Home
Solutions
Trust
4
.950
07/20/49
819,560‌
Series
-
2022
3CS
(Class
A)
965,662
(b)
GoodLeap
Sustainable
Home
Solutions
Trust
5
.520
02/22/55
959,117‌
Series
-
2023
1GS
(Class
A)
229,839
(b)
Helios
Issuer,
LLC
5
.300
08/22/50
226,107‌
Series
-
2023
B
(Class
A)
80,942
(b)
HERO
Funding
Trust
4
.050
09/20/41
76,450‌
Series
-
2016
1A
(Class
A)
125,794
(b)
HERO
Funding
Trust
3
.910
09/20/42
116,971‌
Series
-
2016
3A
(Class
A2)
76,016
(b)
HERO
Funding
Trust
4
.290
09/20/47
71,304‌
Series
-
2016
4A
(Class
A2)
37,274
(b)
HERO
Funding
Trust
4
.460
09/20/47
34,885‌
Series
-
2017
1A
(Class
A2)
85,609
(b)
HERO
Funding
Trust
3
.190
09/20/48
76,319‌
Series
-
2017
3A
(Class
A1)
172,501
(b)
HERO
Funding
Trust
3
.950
09/20/48
157,743‌
Series
-
2017
3A
(Class
A2)
99,706
(b)
HERO
Funding
Trust
2
.590
09/20/57
84,827‌
Series
-
2020
1A
(Class
A)
900,000
(b)
Hertz
Vehicle
Financing
III
LLC
7
.130
09/25/29
933,240‌
Series
-
2023
2A
(Class
C)
145,090
(b)
Loanpal
Solar
Loan
Ltd
2
.290
01/20/48
119,329‌
Series
-
2021
1GS
(Class
A)
250,000
(b),(f)
Mosaic
Solar
Loan
Trust
0
.000
04/20/46
128,300‌
Series
-
2020
1A
(Class
R)
324,567
(b)
Mosaic
Solar
Loan
Trust
2
.100
04/20/46
288,994‌
Series
-
2020
1A
(Class
A)
111,384
(b)
Mosaic
Solar
Loan
Trust
1
.440
08/20/46
95,295‌
Series
-
2020
2A
(Class
A)
628,642
(b)
Mosaic
Solar
Loan
Trust
2
.050
12/20/46
490,544‌
Series
-
2021
1A
(Class
B)
221,444
(b)
Mosaic
Solar
Loan
Trust
2
.250
12/20/46
192,436‌
Series
-
2021
1A
(Class
C)
435,038
(b)
Mosaic
Solar
Loan
Trust
1
.440
06/20/52
358,951‌
Series
-
2021
3A
(Class
A)
921,108
(b)
Mosaic
Solar
Loan
Trust
1
.770
06/20/52
657,277‌
Series
-
2021
3A
(Class
C)
777,100
(b)
Mosaic
Solar
Loan
Trust
6
.100
06/20/53
794,152‌
Series
-
2022
3A
(Class
A)
Green
Bond
280
See
Notes
to
Financial
Statements
Consolidated
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
ASSET
BACKED
(continued)
$
500,000
(b)
Mosaic
Solar
Loan
Trust
8
.180
%
09/22/53
$
387,629‌
Series
-
2023
2A
(Class
C)
146,906
(b)
Renew
2
.060
11/20/56
122,781‌
Series
-
2021
1
(Class
A)
1,045,000
(b),(f)
Renew
5
.326
11/20/60
1,044,943‌
Series
-
2024
2A
(Class
A)
1,020,861
(b)
Sunnova
Helios
VIII
Issuer
LLC
2
.790
02/22/49
908,507‌
Series
-
2022
A
(Class
A)
891,948
(b)
Sunnova
Hestia
I
Issuer
LLC
5
.750
12/20/50
919,642‌
Series
-
2023
GRID1
(Class
1A)
1,109,905
(b)
Sunnova
Hestia
II
Issuer
LLC
5
.630
07/20/51
1,142,509‌
Series
-
2024
GRID1
(Class
1A)
212,462
(b)
Sunrun
Athena
Issuer
LLC
5
.310
04/30/49
205,648‌
Series
-
2018
1
(Class
A)
427,508
(b)
Sunrun
Atlas
Issuer
LLC
3
.610
02/01/55
400,063‌
Series
-
2019
2
(Class
A)
301,487
(b)
Sunrun
Callisto
Issuer
LLC
3
.980
06/30/54
286,187‌
Series
-
2019
1A
(Class
A)
457,974
(b)
Sunrun
Jupiter
Issuer
LLC
4
.750
07/30/57
441,409‌
Series
-
2022
1A
(Class
A)
209,281
(b)
Sunrun
Vulcan
Issuer
LLC
2
.460
01/30/52
173,153‌
Series
-
2021
1A
(Class
A)
201,432
(b)
Tesla
Auto
Lease
Trust
5
.860
08/20/25
201,628‌
Series
-
2023
A
(Class
A2)
500,000
(b)
Tesla
Auto
Lease
Trust
5
.890
06/22/26
502,775‌
Series
-
2023
A
(Class
A3)
1,300,000
(b)
Tesla
Auto
Lease
Trust
6
.130
09/21/26
1,312,596‌
Series
-
2023
B
(Class
A3)
1,170,000
(b)
Tesla
Auto
Lease
Trust
5
.300
06/21/27
1,182,192‌
Series
-
2024
A
(Class
A3)
1,000,000
(b)
Tesla
Auto
Lease
Trust
5
.940
07/20/27
1,010,770‌
Series
-
2023
A
(Class
A4)
343,290
(b)
Vivint
Colar
Financing
V
LLC
7
.370
04/30/48
326,009‌
Series
-
2018
1A
(Class
B)
822,268
(b)
Vivint
Solar
Financing
VII
LLC
2
.210
07/31/51
730,511‌
Series
-
2020
1A
(Class
A)
TOTAL
ASSET
BACKED
18,771,495‌
OTHER
MORTGAGE
BACKED
-
5.6%
250,000
(a),(b)
Alen
Mortgage
Trust,
(TSFR1M
+
1.764%)
6
.861
04/15/34
202,908‌
Series
-
2021
ACEN
(Class
B)
100,000
(b)
BBCMS
Trust
4
.498
08/10/35
92,216‌
Series
-
2015
SRCH
(Class
B)
500,000
(b)
COMM
Mortgage
Trust
3
.178
02/10/35
470,701‌
Series
-
2015
3BP
(Class
A)
100,000
(b)
COMM
Mortgage
Trust
3
.376
01/10/39
90,270‌
Series
-
2022
HC
(Class
C)
500,000
(b)
CPT
Mortgage
Trust
2
.865
11/13/39
447,734‌
Series
-
2019
CPT
(Class
A)
500,000
(a),(b)
DBUBS
Mortgage
Trust
3
.648
10/10/34
492,093‌
Series
-
2017
BRBK
(Class
D)
1,000,000
(b)
Frontier
Issuer
LLC
11
.500
08/20/53
1,080,328‌
Series
-
2023
1
(Class
C)
210,000
(a),(b)
GCT
Commercial
Mortgage
Trust,
(TSFR1M
+
0.914%)
6
.011
02/15/38
189,159‌
Series
-
2021
GCT
(Class
A)
345,000
(a),(b)
Hudson
Yards
Mortgage
Trust
3
.558
07/10/39
284,066‌
Series
-
2019
30HY
(Class
E)
1,255,000
(a),(b)
JP
Morgan
Chase
Commercial
Mortgage
Securities
Trust,
(TSFR1M
+
1.734%)
6
.831
10/15/33
1,218,712‌
Series
-
2020
609M
(Class
A)
1,000,000
(a),(b)
JP
Morgan
Chase
Commercial
Mortgage
Securities
Trust,
(TSFR1M
+
2.134%)
7
.231
10/15/33
936,962‌
Series
-
2020
609M
(Class
B)
250,000
(a),(b)
MFT
Trust
3
.392
08/10/40
163,638‌
Series
-
2020
B6
(Class
B)
281
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
OTHER
MORTGAGE
BACKED
(continued)
$
297,597
(a),(b)
Natixis
Commercial
Mortgage
Securities
Trust,
(TSFR1M
+
1.579%)
5
.915
%
07/15/36
$
268,783‌
Series
-
2019
MILE
(Class
A)
500,000
(a),(b)
Natixis
Commercial
Mortgage
Securities
Trust,
(TSFR1M
+
2.829%)
7
.926
07/15/36
376,233‌
Series
-
2019
MILE
(Class
D)
250,000
(a),(b)
Natixis
Commercial
Mortgage
Securities
Trust,
(TSFR1M
+
4.329%)
9
.426
07/15/36
161,011‌
Series
-
2019
MILE
(Class
F)
11,470,000
(a),(b)
NYC
Commercial
Mortgage
Trust
0
.333
04/10/43
158,890‌
Series
-
2021
909
(Class
X)
500,000
(b)
One
Bryant
Park
Trust
2
.516
09/15/54
445,576‌
Series
-
2019
OBP
(Class
A)
730,448
(b)
One
Market
Plaza
Trust
3
.614
02/10/32
667,507‌
Series
-
2017
1MKT
(Class
A)
400,000
(a),(b)
STWD
Mortgage
Trust,
(TSFR1M
+
2.419%)
7
.516
11/15/36
396,557‌
Series
-
2021
LIH
(Class
D)
100,000
(a),(b)
VNDO
Trust
4
.033
01/10/35
94,912‌
Series
-
2016
350P
(Class
D)
1,000,000
(b)
Wells
Fargo
Commercial
Mortgage
Trust
6
.011
06/10/37
1,037,720‌
Series
-
2024
SVEN
(Class
A)
TOTAL
OTHER
MORTGAGE
BACKED
9,275,976‌
TOTAL
STRUCTURED
ASSETS
(Cost
$29,757,314)
28,047,471‌
SHARES
DESCRIPTION
VALUE
PREFERRED
STOCKS
-
0.5%
REAL
ESTATE
MANAGEMENT
&
DEVELOPMENT
-
0.1%
10,000
Brookfield
Property
Partners
LP
163,000‌
TOTAL
REAL
ESTATE
MANAGEMENT
&
DEVELOPMENT
163,000‌
UTILITIES
-
0.4%
20,000
Brookfield
Infrastructure
Partners
LP
396,000‌
16,000
Brookfield
Renewable
Partners
LP
330,400‌
TOTAL
UTILITIES
726,400‌
TOTAL
PREFERRED
STOCKS
(Cost
$1,150,000)
889,400‌
TOTAL
LONG-TERM
INVESTMENTS
(Cost
$167,889,472)
163,323,495‌
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
SHORT-TERM
INVESTMENTS
-
1.1%
REPURCHASE
AGREEMENT
-
1.1%
1,900,000
(g)
Bank
of
New
York
Mellon
4
.860
10/01/24
1,900,000‌
TOTAL
REPURCHASE
AGREEMENT
1,900,000‌
TOTAL
SHORT-TERM
INVESTMENTS
(Cost
$1,900,000)
1,900,000‌
TOTAL
INVESTMENTS
-
99.3%
(Cost
$169,789,472)
165,223,495‌
OTHER
ASSETS
&
LIABILITIES,
NET
-
0.7%
1,134,615‌
NET
ASSETS
-
100.0%
$
166,358,110‌
TSFR1M
CME
Term
Secured
Overnight
Financing
Rate
1
Month
TSFR3M
CME
Term
Secured
Overnight
Financing
Rate
3
Month
Green
Bond
282
See
Notes
to
Financial
Statements
Consolidated
Portfolio
of
Investments
September
30,
2024
(continued)
(a)
Floating
or
variable
rate
security
includes
the
reference
rate
and
spread,
unless
the
variable
rate
is
based
on
the
underlying
asset
of
the
security.
Coupon
rate
reflects
the
rate
at
period
end.
(b)
Security
is
exempt
from
registration
under
Rule
144A
of
the
Securities
Act
of
1933,
as
amended.
These
securities
are
deemed
liquid
and
may
be
resold
in
transactions
exempt
from
registration,
which
are
normally
those
transactions
with
qualified
institutional
buyers.
As
of
the
end
of
the
reporting
period,
the
aggregate
value
of
these
securities
is
$61,731,983
or
37.4%
of
Total
Investments.
(c)
Perpetual
security
(d)
In
default
(e)
When-issued
or
delayed
delivery
security.
(f)
For
fair
value
measurement
disclosure
purposes,
investment
classified
as
Level
3.
(g)
Agreement
with
Bank
of
New
York
Mellon,
4.860%
dated
9/30/24
to
be
repurchased
at
$1,936,653
on
10/1/24,
collateralized
by
Government
Agency
Securities,
with
coupon
rate
4.875%
and
maturity
date
10/31/28,
valued
at
$1,938,088.
Portfolio
of
Investments
September
30,
2024
High
Yield
283
See
Notes
to
Financial
Statements
(Unaudited)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
LONG-TERM
INVESTMENTS
-
97.3%
BANK
LOAN
OBLIGATIONS
-
4.0%
CAPITAL
GOODS
-
0.8%
$
9,900,188
(a)
TransDigm,
Inc,
(TSFR3M
+
2.500%)
7
.104
%
02/28/31
$
9,872,764‌
6,019,390
(a)
Windsor
Holdings
III
LLC,
(TSFR1M
+
3.500%)
8
.461
08/01/30
6,055,416‌
TOTAL
CAPITAL
GOODS
15,928,180‌
FINANCIAL
SERVICES
-
0.5%
10,000,000
(a)
Boost
Newco
Borrower
LLC,
(TSFR3M
+
2.500%)
7
.104
01/31/31
10,016,650‌
TOTAL
FINANCIAL
SERVICES
10,016,650‌
FOOD,
BEVERAGE
&
TOBACCO
-
0.5%
9,267,472
(a)
Triton
Water
Holdings,
Inc,
(TSFR3M
+
3.250%)
8
.115
03/31/28
9,261,912‌
TOTAL
FOOD,
BEVERAGE
&
TOBACCO
9,261,912‌
HEALTH
CARE
EQUIPMENT
&
SERVICES
-
1.3%
7,880,411
(a)
ADMI
Corp,
(TSFR1M
+
3.375%)
8
.335
12/23/27
7,689,311‌
9,040,203
(a)
Medline
Borrower
LP,
(TSFR1M
+
2.750%)
7
.595
10/23/28
9,054,080‌
9,950,000
(a)
Phoenix
Guarantor,
Inc,
(TSFR1M
+
3.250%)
8
.095
02/21/31
9,934,428‌
TOTAL
HEALTH
CARE
EQUIPMENT
&
SERVICES
26,677,819‌
MEDIA
&
ENTERTAINMENT
-
0.2%
5,000,000
(a)
Gray
Television,
Inc,
(TSFR1M
+
3.000%)
8
.428
12/01/28
4,624,075‌
TOTAL
MEDIA
&
ENTERTAINMENT
4,624,075‌
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
-
0.0%
10,406
(a)
Bright
Bidco
BV,
(TSFR3M
+
1.000%)
6
.252
10/31/27
5,079‌
TOTAL
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
5,079‌
SOFTWARE
&
SERVICES
-
0.5%
7,820,700
(a)
Cotiviti,
Inc,
(TSFR1M
+
3.250%)
8
.563
04/30/31
7,825,588‌
2,907,424
(a)
Rackspace
Finance
LLC,
(TSFR1M
+
6.250%)
11
.483
05/15/28
2,957,999‌
TOTAL
SOFTWARE
&
SERVICES
10,783,587‌
TRANSPORTATION
-
0.2%
3,805,875
(a)
Air
Canada,
(TSFR3M
+
2.500%)
7
.253
03/21/31
3,820,147‌
TOTAL
TRANSPORTATION
3,820,147‌
TOTAL
BANK
LOAN
OBLIGATIONS
(Cost
$80,664,717)
81,117,449‌
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
CORPORATE
BONDS
-
91
.8
%
AUTOMOBILES
&
COMPONENTS
-
4.2%
4,520,000
Dana,
Inc
5
.375
11/15/27
4,488,335‌
15,040,000
Dana,
Inc
4
.500
02/15/32
13,338,210‌
6,815,000
(b)
Goodyear
Tire
&
Rubber
Co
5
.000
07/15/29
6,267,945‌
4,650,000
(b)
Goodyear
Tire
&
Rubber
Co
5
.250
07/15/31
4,194,883‌
10,500,000
(c),(d)
IHO
Verwaltungs
GmbH
4
.750
09/15/26
10,280,083‌
18,450,000
(c),(d)
IHO
Verwaltungs
GmbH
6
.375
05/15/29
18,060,895‌
6,615,000
(c)
Phinia,
Inc
6
.750
04/15/29
6,826,726‌
6,870,000
(c)
Phinia,
Inc
6
.625
10/15/32
6,926,719‌
14,635,000
ZF
North
America
Capital,
Inc
6
.750
04/23/30
14,759,676‌
TOTAL
AUTOMOBILES
&
COMPONENTS
85,143,472‌
CAPITAL
GOODS
-
4.2%
13,945,000
(c)
Albion
Financing
1
SARL
6
.125
10/15/26
13,990,112‌
15,785,000
(c)
Albion
Financing
2
SARL
8
.750
04/15/27
16,198,078‌
7,675,000
(c)
Alta
Equipment
Group,
Inc
9
.000
06/01/29
6,872,718‌
800,000
(c)
Brand
Industrial
Services,
Inc
10
.375
08/01/30
856,681‌
7,135,000
(c)
Chart
Industries,
Inc
7
.500
01/01/30
7,519,762‌
2,335,000
(c)
Gates
Corp
6
.875
07/01/29
2,418,719‌
2,870,000
(c)
Herc
Holdings,
Inc
6
.625
06/15/29
2,972,674‌
5,775,000
(c)
Masterbrand,
Inc
7
.000
07/15/32
6,051,259‌
11,790,000
(c)
TransDigm,
Inc
6
.875
12/15/30
12,346,205‌
4,035,000
(c)
TransDigm,
Inc
6
.625
03/01/32
4,201,815‌
7,430,000
(c)
Trinity
Industries,
Inc
7
.750
07/15/28
7,798,446‌
High
Yield
284
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
CAPITAL
GOODS
-
4.2%
(continued)
$
3,975,000
(c)
Windsor
Holdings
III
LLC
8
.500
%
06/15/30
$
4,251,970‌
TOTAL
CAPITAL
GOODS
85,478,439‌
COMMERCIAL
&
PROFESSIONAL
SERVICES
-
2.4%
10,785,000
(c)
ASGN,
Inc
4
.625
05/15/28
10,475,075‌
5,500,000
(c)
Garda
World
Security
Corp
4
.625
02/15/27
5,400,082‌
5,000,000
(c)
GTCR
W-2
MERGER
SUB
LLC
7
.500
01/15/31
5,365,235‌
5,075,000
(c)
Prime
Security
Services
Borrower
LLC
5
.750
04/15/26
5,098,162‌
5,325,000
(c)
Prime
Security
Services
Borrower
LLC
3
.375
08/31/27
5,059,692‌
9,060,000
(c)
Prime
Security
Services
Borrower
LLC
6
.250
01/15/28
9,062,437‌
8,925,000
(c)
RR
Donnelley
&
Sons
Co
9
.500
08/01/29
9,000,952‌
TOTAL
COMMERCIAL
&
PROFESSIONAL
SERVICES
49,461,635‌
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
-
5.3%
10,915,000
(c)
Academy
Ltd
6
.000
11/15/27
10,942,191‌
6,000,000
(c)
Asbury
Automotive
Group,
Inc
4
.625
11/15/29
5,722,181‌
5,240,000
(c)
Asbury
Automotive
Group,
Inc
5
.000
02/15/32
4,968,988‌
7,440,000
(c)
Bath
&
Body
Works,
Inc
6
.625
10/01/30
7,584,626‌
2,845,000
(c)
Group  Automotive,
Inc
6
.375
01/15/30
2,890,196‌
6,675,000
(c)
Group
1
Automotive,
Inc
4
.000
08/15/28
6,368,529‌
12,125,000
Kohl's
Corp
4
.625
05/01/31
10,211,074‌
7,835,000
(c)
LCM
Investments
Holdings
II
LLC
4
.875
05/01/29
7,528,397‌
620,000
(c)
LCM
Investments
Holdings
II
LLC
8
.250
08/01/31
658,328‌
11,955,000
(c)
Macy's
Retail
Holdings
LLC
6
.125
03/15/32
11,587,253‌
17,230,000
(c)
Magic
Mergeco,
Inc
5
.250
05/01/28
12,717,621‌
10,000,000
(c)
Magic
Mergeco,
Inc
7
.875
05/01/29
5,817,640‌
10,000,000
(c)
Staples,
Inc
10
.750
09/01/29
9,703,005‌
3,900,000
(c)
Velocity
Vehicle
Group
LLC
8
.000
06/01/29
4,060,703‌
7,395,000
(c),(e)
Wayfair
LLC
7
.250
10/31/29
7,575,883‌
TOTAL
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
108,336,615‌
CONSUMER
DURABLES
&
APPAREL
-
1.6%
8,650,000
(c),(e)
CD&R
Smokey
Buyer,
Inc
9
.500
10/15/29
8,658,218‌
3,853,000
(c)
Hanesbrands,
Inc
4
.875
05/15/26
3,819,220‌
5,200,000
Newell
Rubbermaid,
Inc
5
.750
04/01/46
4,656,006‌
6,680,000
(c),(e)
S&S
Holdings
LLC
8
.375
10/01/31
6,725,828‌
8,880,000
(c)
Wolverine
World
Wide,
Inc
4
.000
08/15/29
7,835,648‌
TOTAL
CONSUMER
DURABLES
&
APPAREL
31,694,920‌
CONSUMER
SERVICES
-
5.3%
9,345,000
(c)
Carnival
Corp
4
.000
08/01/28
9,025,570‌
16,330,000
(c)
CDI
Escrow
Issuer,
Inc
5
.750
04/01/30
16,347,889‌
6,615,000
(b),(c)
Cinemark
USA,
Inc
5
.250
07/15/28
6,504,397‌
4,315,000
(c)
Cinemark
USA,
Inc
7
.000
08/01/32
4,504,683‌
11,345,000
(c)
Fertitta
Entertainment
LLC
4
.625
01/15/29
10,832,526‌
5,865,000
(c)
Flutter
Treasury
Designated
Activity
Co
6
.375
04/29/29
6,072,762‌
5,330,000
(c)
Hilton
Grand
Vacations
Borrower
Escrow
LLC
6
.625
01/15/32
5,395,319‌
6,495,000
(c)
Life
Time,
Inc
5
.750
01/15/26
6,501,157‌
5,400,000
(c)
Merlin
Entertainments
Group
US
Holdings,
Inc
7
.375
02/15/31
5,421,033‌
9,755,000
MGM
Resorts
International
6
.125
09/15/29
9,876,416‌
10,495,000
(c)
NCL
Corp
Ltd
5
.875
03/15/26
10,495,646‌
6,000,000
Service
Corp
International
5
.750
10/15/32
6,039,288‌
5,425,000
(c)
Six
Flags
Entertainment
Corp
6
.625
05/01/32
5,618,146‌
5,510,000
(c)
Wynn
Resorts
Finance
LLC
6
.250
03/15/33
5,581,886‌
TOTAL
CONSUMER
SERVICES
108,216,718‌
CONSUMER
STAPLES
DISTRIBUTION
&
RETAIL
-
1.0%
8,020,000
(c)
Albertsons
Cos,
Inc
6
.500
02/15/28
8,165,972‌
6,915,000
(c)
Performance
Food
Group,
Inc
6
.125
09/15/32
7,066,130‌
4,865,000
Walgreens
Boots
Alliance,
Inc
8
.125
08/15/29
4,855,669‌
TOTAL
CONSUMER
STAPLES
DISTRIBUTION
&
RETAIL
20,087,771‌
ENERGY
-
13.6%
9,000,000
(c)
Antero
Midstream
Partners
LP
5
.750
03/01/27
9,007,893‌
2,582,000
(c)
Archrock
Partners
LP
6
.875
04/01/27
2,590,092‌
2,000,000
(c)
Archrock
Partners
LP
6
.250
04/01/28
2,009,938‌
3,945,000
(c)
Archrock
Partners
LP
6
.625
09/01/32
4,045,562‌
7,650,000
(c)
Baytex
Energy
Corp
7
.375
03/15/32
7,622,109‌
285
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
ENERGY
-
13.6%
(continued)
$
2,010,000
(c)
Blue
Racer
Midstream
LLC
7
.000
%
07/15/29
$
2,089,566‌
770,732
(c)
BORR
IHC
Ltd
10
.000
11/15/28
799,634‌
2,400,000
(c)
Buckeye
Partners
LP
6
.875
07/01/29
2,458,968‌
7,190,000
(c)
Civitas
Resources,
Inc
8
.375
07/01/28
7,473,782‌
1,595,000
(c)
Civitas
Resources,
Inc
8
.625
11/01/30
1,689,866‌
6,235,000
(c)
Civitas
Resources,
Inc
8
.750
07/01/31
6,599,984‌
424,860
(d)
Cloud
Peak
Energy,
Inc
12
.000
05/01/25
391,237‌
13,510,000
(c)
CNX
Resources
Corp
7
.250
03/01/32
14,187,702‌
4,320,000
(c),(e)
Coronado
Finance
Pty
Ltd
9
.250
10/01/29
4,439,081‌
2,400,000
(c)
Delek
Logistics
Partners
LP
8
.625
03/15/29
2,525,150‌
5,169,000
(c)
Energean
Israel
Finance
Ltd
5
.875
03/30/31
4,412,000‌
10,000,000
Energy
Transfer
LP
6
.500
N/A(f)
9,976,077‌
1,365,000
(c)
EQM
Midstream
Partners
LP
7
.500
06/01/27
1,404,943‌
7,200,000
(c)
EQM
Midstream
Partners
LP
6
.500
07/01/27
7,416,749‌
3,470,000
(c)
EQM
Midstream
Partners
LP
6
.375
04/01/29
3,582,834‌
7,700,000
EQT
Midstream
Partners
LP
6
.500
07/15/48
7,960,653‌
2,905,000
Genesis
Energy
LP
8
.000
01/15/27
2,969,781‌
2,515,000
Genesis
Energy
LP
7
.875
05/15/32
2,560,637‌
7,470,000
(c)
Harvest
Midstream
I
LP
7
.500
05/15/32
7,857,260‌
6,185,000
(c)
Hilcorp
Energy
I
LP
6
.000
04/15/30
6,028,702‌
6,166,000
(c)
Hilcorp
Energy
I
LP
6
.000
02/01/31
5,985,434‌
8,685,000
(c)
Hilcorp
Energy
I
LP
6
.250
04/15/32
8,453,310‌
2,830,000
(c)
Hilcorp
Energy
I
LP
8
.375
11/01/33
3,051,020‌
10,000,000
(c)
Kinetik
Holdings
LP
6
.625
12/15/28
10,378,500‌
5,350,000
(c)
Kodiak
Gas
Services
LLC
7
.250
02/15/29
5,536,731‌
2,560,000
(c)
Matador
Resources
Co
6
.250
04/15/33
2,517,064‌
800,000
(b),(c)
Nabors
Industries,
Inc
8
.875
08/15/31
761,020‌
8,795,000
(c)
Noble
Finance
II
LLC
8
.000
04/15/30
9,074,626‌
6,923,000
(c)
Parkland
Corp
4
.500
10/01/29
6,554,576‌
5,000,000
(c)
Parkland
Corp
4
.625
05/01/30
4,715,256‌
4,925,000
(c)
PBF
Holding
Co
LLC
7
.875
09/15/30
5,073,282‌
5,900,000
SM
Energy
Co
6
.750
09/15/26
5,897,018‌
7,735,000
SM
Energy
Co
6
.625
01/15/27
7,751,073‌
4,405,000
(c)
SM
Energy
Co
6
.750
08/01/29
4,423,188‌
5,200,000
(c)
South
Bow
Canadian
Infrastructure
Holdings
Ltd
7
.625
03/01/55
5,389,025‌
4,460,000
(c)
Sunoco
LP
7
.000
05/01/29
4,659,886‌
5,000,000
(c)
Talos
Production,
Inc
9
.000
02/01/29
5,148,305‌
800,000
(c)
Talos
Production,
Inc
9
.375
02/01/31
822,490‌
1,116,462
(c)
TRANSOCEAN
AQUILA
Ltd
8
.000
09/30/28
1,141,998‌
4,475,000
(c)
Transocean
Titan
Financing
Ltd
8
.375
02/01/28
4,609,299‌
4,611,250
(c)
Transocean,
Inc
8
.750
02/15/30
4,807,837‌
2,720,000
USA
Compression
Partners
LP
6
.875
09/01/27
2,742,992‌
13,020,000
(c)
USA
Compression
Partners
LP
7
.125
03/15/29
13,409,975‌
4,535,000
(c)
Venture
Global
LNG,
Inc
8
.125
06/01/28
4,727,826‌
8,275,000
(c)
Venture
Global
LNG,
Inc
7
.000
01/15/30
8,453,881‌
10,375,000
(c)
Venture
Global
LNG,
Inc
9
.875
02/01/32
11,528,615‌
8,000,000
(c)
Venture
Global
LNG,
Inc
9
.000
N/A(f)
8,109,031‌
TOTAL
ENERGY
277,823,458‌
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
-
1.5%
7,690,000
(c)
Iron
Mountain,
Inc
7
.000
02/15/29
8,015,379‌
800,000
(b)
MPT
Operating
Partnership
LP
5
.250
08/01/26
761,724‌
10,230,000
(b)
MPT
Operating
Partnership
LP
5
.000
10/15/27
9,177,105‌
10,900,000
(c)
Uniti
Group
LP
10
.500
02/15/28
11,634,725‌
1,250,000
(c)
Uniti
Group
LP
10
.500
02/15/28
1,334,258‌
TOTAL
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
30,923,191‌
FINANCIAL
SERVICES
-
9.3%
8,060,000
(c)
Block,
Inc
6
.500
05/15/32
8,393,023‌
9,812,000
(c)
Compass
Group
Diversified
Holdings
LLC
5
.250
04/15/29
9,532,406‌
10,000,000
(b),(c)
Compass
Group
Diversified
Holdings
LLC
5
.000
01/15/32
9,212,173‌
16,310,000
(c)
Encore
Capital
Group,
Inc
8
.500
05/15/30
17,189,549‌
12,770,000
(c)
FirstCash,
Inc
6
.875
03/01/32
13,141,875‌
3,295,000
(c)
Focus
Financial
Partners
LLC
6
.750
09/15/31
3,326,454‌
High
Yield
286
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
FINANCIAL
SERVICES
-
9.3%
(continued)
$
9,015,000
(c)
HAT
Holdings
I
LLC
3
.375
%
06/15/26
$
8,729,988‌
7,250,000
(c)
HAT
Holdings
I
LLC
8
.000
06/15/27
7,680,519‌
12,000,000
(c)
Hunt
Cos,
Inc
5
.250
04/15/29
11,610,173‌
2,250,000
Icahn
Enterprises
LP
6
.250
05/15/26
2,232,450‌
10,320,000
Icahn
Enterprises
LP
5
.250
05/15/27
9,889,052‌
15,375,000
Icahn
Enterprises
LP
4
.375
02/01/29
13,436,952‌
2,400,000
(c)
Icahn
Enterprises
LP
9
.000
06/15/30
2,419,836‌
4,000,000
Navient
Corp
5
.000
03/15/27
3,964,612‌
10,360,000
Navient
Corp
4
.875
03/15/28
10,015,079‌
5,450,000
Navient
Corp
5
.500
03/15/29
5,286,885‌
215,000
OneMain
Finance
Corp
7
.125
03/15/26
219,497‌
5,000,000
OneMain
Finance
Corp
3
.500
01/15/27
4,779,106‌
10,000,000
OneMain
Finance
Corp
4
.000
09/15/30
8,906,779‌
14,220,000
(c)
PennyMac
Financial
Services,
Inc
7
.875
12/15/29
15,163,042‌
5,000,000
(c)
PennyMac
Financial
Services,
Inc
7
.125
11/15/30
5,177,185‌
5,000,000
(c)
Rocket
Mortgage
LLC
3
.875
03/01/31
4,603,701‌
1,855,000
(c)
Shift4
Payments
LLC
6
.750
08/15/32
1,936,689‌
5,000,000
Springleaf
Finance
Corp
5
.375
11/15/29
4,804,861‌
7,220,000
(c),(e)
Starwood
Property
Trust,
Inc
6
.000
04/15/30
7,222,939‌
TOTAL
FINANCIAL
SERVICES
188,874,825‌
FOOD,
BEVERAGE
&
TOBACCO
-
1.5%
5,615,000
(c)
Darling
Ingredients,
Inc
6
.000
06/15/30
5,668,421‌
10,000,000
(c)
Post
Holdings,
Inc
6
.375
03/01/33
10,163,180‌
10,245,000
(c)
Primo
Water
Holdings,
Inc
4
.375
04/30/29
9,822,568‌
5,000,000
(c)
Triton
Water
Holdings,
Inc
6
.250
04/01/29
4,994,527‌
TOTAL
FOOD,
BEVERAGE
&
TOBACCO
30,648,696‌
HEALTH
CARE
EQUIPMENT
&
SERVICES
-
4.0%
12,255,000
(c)
CHS
5
.250
05/15/30
11,278,341‌
7,030,000
(c)
CHS
10
.875
01/15/32
7,746,955‌
2,275,000
(c)
CHS/Community
Health
Systems,
Inc
5
.625
03/15/27
2,238,755‌
3,850,000
(c)
CHS/Community
Health
Systems,
Inc
8
.000
12/15/27
3,862,324‌
4,250,000
(c)
Concentra
Escrow
Issuer
Corp
6
.875
07/15/32
4,468,930‌
12,260,000
(c)
DaVita,
Inc
4
.625
06/01/30
11,687,399‌
6,540,000
(c)
DaVita,
Inc
3
.750
02/15/31
5,899,080‌
15,151,515
(c)
Global
Medical
Response,
Inc
10
.000
10/31/28
15,189,394‌
9,690,000
(c)
LifePoint
Health,
Inc
11
.000
10/15/30
10,934,060‌
8,345,000
(c)
Prime
Healthcare
Services,
Inc
9
.375
09/01/29
8,607,729‌
TOTAL
HEALTH
CARE
EQUIPMENT
&
SERVICES
81,912,967‌
HOUSEHOLD
&
PERSONAL
PRODUCTS
-
0.4%
5,840,000
(c)
Coty,
Inc
6
.625
07/15/30
6,067,972‌
2,400,000
Perrigo
Finance
Unlimited
Co
6
.125
09/30/32
2,418,528‌
TOTAL
HOUSEHOLD
&
PERSONAL
PRODUCTS
8,486,500‌
INSURANCE
-
4.5%
18,513,000
(c)
Acrisure
LLC
4
.250
02/15/29
17,489,081‌
11,725,000
(c)
Alliant
Holdings
Intermediate
LLC
4
.250
10/15/27
11,224,507‌
9,305,000
(c)
Alliant
Holdings
Intermediate
LLC
6
.750
04/15/28
9,455,676‌
10,000,000
(c)
Alliant
Holdings
Intermediate
LLC
6
.500
10/01/31
10,104,867‌
7,810,000
(c)
Ardonagh
Finco
Ltd
7
.750
02/15/31
8,073,377‌
8,270,000
(c)
HUB
International
Ltd
7
.250
06/15/30
8,616,350‌
24,620,000
(c)
Panther
Escrow
Issuer
LLC
7
.125
06/01/31
25,824,139‌
1,430,000
(c)
Ryan
Specialty
LLC
5
.875
08/01/32
1,453,825‌
TOTAL
INSURANCE
92,241,822‌
MATERIALS
-
4.4%
7,225,000
(c)
Arsenal
AIC
Parent
LLC
8
.000
10/01/30
7,753,025‌
6,110,000
(c)
Avient
Corp
7
.125
08/01/30
6,370,513‌
2,000,000
(c)
Avient
Corp
6
.250
11/01/31
2,050,256‌
8,190,000
(c)
Cleveland-Cliffs,
Inc
7
.000
03/15/32
8,280,014‌
10,000,000
(c)
EverArc
Escrow
Sarl
5
.000
10/30/29
9,600,121‌
15,785,000
(c)
Mineral
Resources
Ltd
8
.000
11/01/27
16,213,689‌
2,625,000
(c)
Mineral
Resources
Ltd
9
.250
10/01/28
2,795,070‌
2,400,000
(b),(c)
NV
Chemicals
Corp
4
.250
05/15/29
2,231,361‌
8,485,000
(c)
Olympus
Water
US
Holding
Corp
4
.250
10/01/28
8,102,254‌
287
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MATERIALS
-
4.4%
(continued)
$
6,410,000
(c)
Sealed
Air
Corp
6
.500
%
07/15/32
$
6,609,774‌
5,000,000
(c)
SunCoke
Energy,
Inc
4
.875
06/30/29
4,533,480‌
12,797,000
(c)
Tronox,
Inc
4
.625
03/15/29
11,954,021‌
2,500,000
(c)
WR
Grace
Holdings
LLC
7
.375
03/01/31
2,619,340‌
TOTAL
MATERIALS
89,112,918‌
MEDIA
&
ENTERTAINMENT
-
10.5%
800,000
(c)
Advantage
Sales
&
Marketing,
Inc
6
.500
11/15/28
759,527‌
8,860,000
(c)
Arches
Buyer,
Inc
4
.250
06/01/28
8,153,781‌
5,120,000
(c)
CCO
Holdings
LLC
5
.375
06/01/29
4,934,109‌
12,250,000
(c)
CCO
Holdings
LLC
4
.500
08/15/30
11,104,349‌
9,025,000
(c)
CCO
Holdings
LLC
4
.250
02/01/31
7,957,609‌
10,800,000
CCO
Holdings
LLC
4
.500
05/01/32
9,338,256‌
10,000,000
Charter
Communications
Operating
LLC
4
.400
12/01/61
6,802,192‌
5,980,000
(b),(c)
CSC
Holdings
LLC
5
.500
04/15/27
5,259,124‌
5,788,000
(c)
CSC
Holdings
LLC
11
.250
05/15/28
5,587,255‌
4,135,000
(c)
CSC
Holdings
LLC
11
.750
01/31/29
3,996,854‌
11,170,000
(c)
DIRECTV
Holdings
LLC
5
.875
08/15/27
10,967,067‌
15,800,000
(c)
DISH
Network
Corp
11
.750
11/15/27
16,582,578‌
10,015,000
(c)
Gray
Television,
Inc
10
.500
07/15/29
10,460,297‌
6,900,000
(c)
Gray
Television,
Inc
4
.750
10/15/30
4,389,718‌
225,000
(c)
LCPR
Senior
Secured
Financing
DAC
6
.750
10/15/27
205,881‌
9,650,000
(b),(c)
LCPR
Senior
Secured
Financing
DAC
5
.125
07/15/29
7,819,659‌
7,500,000
(c)
McGraw-Hill
Education,
Inc
7
.375
09/01/31
7,781,798‌
7,000,000
(c)
Outfront
Media
Capital
LLC
7
.375
02/15/31
7,472,430‌
4,000,000
(c)
Sirius
XM
Radio,
Inc
5
.000
08/01/27
3,935,103‌
4,650,000
(c)
Sirius
XM
Radio,
Inc
4
.000
07/15/28
4,387,017‌
4,380,000
(c)
Sirius
XM
Radio,
Inc
4
.125
07/01/30
3,972,123‌
3,745,000
(b),(c)
Sirius
XM
Radio,
Inc
3
.875
09/01/31
3,262,904‌
10,525,000
(c)
Sunrise
FinCo
I
BV
4
.875
07/15/31
9,958,545‌
5,000,000
(c)
Sunrise
HoldCo
IV
BV
5
.500
01/15/28
4,978,077‌
12,000,000
(c)
Univision
Communications,
Inc
4
.500
05/01/29
10,719,880‌
800,000
(c)
Univision
Communications,
Inc
7
.375
06/30/30
774,239‌
6,214,000
(b),(c)
Univision
Communications,
Inc
8
.500
07/31/31
6,227,880‌
17,665,000
(c)
Virgin
Media
Secured
Finance
plc
5
.500
05/15/29
16,942,471‌
11,175,000
(c)
VZ
Secured
Financing
BV
5
.000
01/15/32
10,283,721‌
9,672,000
(c)
Ziff
Davis,
Inc
4
.625
10/15/30
9,084,285‌
TOTAL
MEDIA
&
ENTERTAINMENT
214,098,729‌
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
-
1.2%
9,350,000
(c)
Bausch
Health
Cos,
Inc
4
.875
06/01/28
7,316,375‌
4,610,000
(b),(c)
Organon
&
Co
7
.875
05/15/34
4,884,064‌
14,000,000
(b),(c)
Organon
Finance  LLC
5
.125
04/30/31
13,189,700‌
TOTAL
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
25,390,139‌
REAL
ESTATE
MANAGEMENT
&
DEVELOPMENT
-
1.5%
12,755,400
(b),(c)
Anywhere
Real
Estate
Group
LLC
7
.000
04/15/30
11,849,162‌
9,145,000
(c)
Cushman
&
Wakefield
US
Borrower
LLC
6
.750
05/15/28
9,227,954‌
3,472,000
Kennedy-Wilson,
Inc
4
.750
03/01/29
3,213,980‌
7,000,000
(b)
Kennedy-Wilson,
Inc
5
.000
03/01/31
6,284,157‌
742,000
(b),(c)
Realogy
Group
LLC
5
.250
04/15/30
591,717‌
TOTAL
REAL
ESTATE
MANAGEMENT
&
DEVELOPMENT
31,166,970‌
SOFTWARE
&
SERVICES
-
1.5%
14,000,000
(b),(c)
Ahead
DB
Holdings
LLC
6
.625
05/01/28
13,546,806‌
3,375,000
(c)
CA
Magnum
Holdings
5
.375
10/31/26
3,324,345‌
800,000
(c)
Cloud
Software
Group,
Inc
8
.250
06/30/32
836,239‌
13,450,180
(c)
Rackspace
Finance
LLC
3
.500
05/15/28
6,730,809‌
6,000,000
(c)
Rocket
Software,
Inc
9
.000
11/28/28
6,261,510‌
TOTAL
SOFTWARE
&
SERVICES
30,699,709‌
TECHNOLOGY
HARDWARE
&
EQUIPMENT
-
0.5%
9,335,000
(c)
Imola
Merger
Corp
4
.750
05/15/29
9,108,869‌
TOTAL
TECHNOLOGY
HARDWARE
&
EQUIPMENT
9,108,869‌
TELECOMMUNICATION
SERVICES
-
5.6%
800,000
Digicel
Intermediate
Holdings
Ltd
12
.000
05/25/27
804,909‌
230,000
(c)
Frontier
Communications
Corp
5
.000
05/01/28
227,925‌
High
Yield
288
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
TELECOMMUNICATION
SERVICES
-
5.6%
(continued)
$
5,000,000
(c)
Frontier
Communications
Holdings
LLC
6
.000
%
01/15/30
$
4,991,314‌
8,210,000
(c)
Frontier
Communications
Holdings
LLC
8
.625
03/15/31
8,851,119‌
12,695,000
(c)
Iliad
Holding
SASU
6
.500
10/15/26
12,833,388‌
9,820,000
(c)
Iliad
Holding
SASU
7
.000
10/15/28
9,990,053‌
10,795,000
(c)
Iliad
Holding
SASU
8
.500
04/15/31
11,611,167‌
10,850,000
(c)
Level
3
Financing,
Inc
10
.500
04/15/29
11,827,030‌
10,000,000
(c)
Level
3
Financing,
Inc
10
.500
05/15/30
10,762,500‌
5,000,000
(c)
Level
3
Financing,
Inc
10
.750
12/15/30
5,487,282‌
5,300,000
(c),(e)
Sable
International
Finance
Ltd
7
.125
10/15/32
5,319,875‌
2,050,000
(c)
Vmed
O2
UK
Financing
I
plc
4
.250
01/31/31
1,814,745‌
5,150,000
(c)
Windstream
Escrow
LLC
7
.750
08/15/28
5,154,841‌
3,040,000
(c),(e)
Windstream
Escrow
LLC
8
.250
10/01/31
3,090,561‌
10,800,000
(b),(c)
Zayo
Group
Holdings,
Inc
4
.000
03/01/27
9,659,984‌
11,625,000
(c)
Zegona
Finance
plc
8
.625
07/15/29
12,409,688‌
TOTAL
TELECOMMUNICATION
SERVICES
114,836,381‌
TRANSPORTATION
-
3.5%
5,833,333
(c)
American
Airlines,
Inc
5
.500
04/20/26
5,816,694‌
6,805,000
(b),(c)
American
Airlines,
Inc
7
.250
02/15/28
6,965,743‌
2,500,000
(c)
American
Airlines,
Inc
5
.750
04/20/29
2,495,856‌
2,500,000
(c)
American
Airlines,
Inc
8
.500
05/15/29
2,652,535‌
25,000,000
(c)
Brightline
East
LLC
11
.000
01/31/30
21,251,171‌
14,235,000
(c)
Cargo
Aircraft
Management,
Inc
4
.750
02/01/28
13,645,275‌
4,410,000
(c)
Genesee
&
Wyoming,
Inc
6
.250
04/15/32
4,535,020‌
6,550,000
(c)
United
Airlines,
Inc
4
.375
04/15/26
6,444,864‌
3,550,000
(c)
United
Airlines,
Inc
4
.625
04/15/29
3,429,510‌
800,000
(b),(c)
VistaJet
Malta
Finance
plc
9
.500
06/01/28
781,910‌
2,805,000
(c)
XPO,
Inc
7
.125
06/01/31
2,936,670‌
TOTAL
TRANSPORTATION
70,955,248‌
UTILITIES
-
4.3%
2,425,000
(c)
AltaGas
Ltd
7
.200
10/15/54
2,476,855‌
4,290,000
(c)
Ferrellgas
LP
5
.375
04/01/26
4,280,032‌
19,778,000
(c)
Ferrellgas
LP
5
.875
04/01/29
18,508,052‌
5,000,000
PG&E
Corp
7
.375
03/15/55
5,244,366‌
8,175,000
Suburban
Propane
Partners
LP
5
.875
03/01/27
8,161,108‌
1,800,000
(c)
Suburban
Propane
Partners
LP
5
.000
06/01/31
1,678,217‌
9,836,000
(c)
Superior
Plus
LP
4
.500
03/15/29
9,325,958‌
21,190,000
(c)
Talen
Energy
Supply
LLC
8
.625
06/01/30
23,093,328‌
10,000,000
(c)
TerraForm
Power
Operating
LLC
5
.000
01/31/28
9,893,426‌
4,310,000
(c)
Vistra
Operations
Co
LLC
7
.750
10/15/31
4,640,137‌
TOTAL
UTILITIES
87,301,479‌
TOTAL
CORPORATE
BONDS
(Cost
$1,883,597,764)
1,872,001,471‌
SHARES
DESCRIPTION
VALUE
COMMON
STOCKS
-
0.0%
ENERGY
-
0.0%
7,963
(g),(h)
Cloud
Peak
Energy,
Inc
80‌
TOTAL
ENERGY
80‌
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
-
0.0%
22,100
(h)
Bright
Bidco
BV
11,293‌
5,572
(h)
Bright
Bidco
BV
2,847‌
TOTAL
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
14,140‌
TOTAL
COMMON
STOCKS
(Cost
$779,432)
14,220‌
SHARES
DESCRIPTION
VALUE
INVESTMENT
COMPANIES
-
1.5%
471,698
Invesco
Senior
Loan
ETF
9,910,375‌
233,904
iShares
0-5
Year
High
Yield
Corporate
Bond
ETF
10,156,111‌
289
See
Notes
to
Financial
Statements
SHARES
DESCRIPTION
VALUE
INVESTMENT
COMPANIES
(continued)
396,353
SPDR
Bloomberg
Barclays
Short
Term
High
Yield
Bond
ETF
$
10,206,090‌
TOTAL
INVESTMENT
COMPANIES
(Cost
$29,916,625)
30,272,576‌
TOTAL
LONG-TERM
INVESTMENTS
(Cost
$1,994,958,538)
1,983,405,716‌
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
SHORT-TERM
INVESTMENTS
-
3.3%
GOVERNMENT
AGENCY
DEBT
-
0.0%
$
177,000
Federal
National
Mortgage
Association
(FNMA)
0
.000
%
10/23/24
176,474‌
TOTAL
GOVERNMENT
AGENCY
DEBT
176,474‌
REPURCHASE
AGREEMENT
-
2.5%
50,600,000
(i)
Bank
of
New
York
Mellon
4
.860
10/01/24
50,600,000‌
TOTAL
REPURCHASE
AGREEMENT
50,600,000‌
TREASURY
DEBT
-
0.8%
6,250,000
United
States
Treasury
Bill
0
.000
10/15/24
6,238,545‌
10,000,000
United
States
Treasury
Bill
0
.000
10/29/24
9,963,133‌
TOTAL
TREASURY
DEBT
16,201,678‌
TOTAL
SHORT-TERM
INVESTMENTS
(Cost
$66,977,324)
66,978,152‌
SHARES
DESCRIPTION
RATE
EXP
VALUE
INVESTMENTS
PURCHASED
WITH
COLLATERAL
FROM
SECURITIES
LENDING
-
2.9%
59,204,186
(j)
State
Street
Navigator
Securities
Lending
Government
Money
Market
Portfolio
5
.020
(k)
59,204,186‌
TOTAL
INVESTMENTS
PURCHASED
WITH
COLLATERAL
FROM
SECURITIES
LENDING
(Cost
$59,204,186)
59,204,186‌
TOTAL
INVESTMENTS
-
103.5%
(Cost
$2,121,140,048)
2,109,588,054‌
OTHER
ASSETS
&
LIABILITIES,
NET
-
(3.5)%
(
71,093,464‌
)
NET
ASSETS
-
100.0%
$
2,038,494,590‌
ETF
Exchange
Traded
Fund
SPDR
Standard
&
Poor's
Depositary
Receipts
TSFR1M
CME
Term
Secured
Overnight
Financing
Rate
1
Month
TSFR3M
CME
Term
Secured
Overnight
Financing
Rate
3
Month
(a)
Floating
or
variable
rate
security
includes
the
reference
rate
and
spread,
unless
the
variable
rate
is
based
on
the
underlying
asset
of
the
security.
Coupon
rate
reflects
the
rate
at
period
end.
(b)
All
or
a
portion
of
these
securities
are
out
on
loan.
The
aggregate
value
of
securities
on
loan
is
$63,447,207.
(c)
Security
is
exempt
from
registration
under
Rule
144A
of
the
Securities
Act
of
1933,
as
amended.
These
securities
are
deemed
liquid
and
may
be
resold
in
transactions
exempt
from
registration,
which
are
normally
those
transactions
with
qualified
institutional
buyers.
As
of
the
end
of
the
reporting
period,
the
aggregate
value
of
these
securities
is
$1,637,322,902
or
77.6%
of
Total
Investments.
(d)
Payment
in
Kind
Bond
(e)
When-issued
or
delayed
delivery
security.
(f)
Perpetual
security
(g)
For
fair
value
measurement
disclosure
purposes,
investment
classified
as
Level
3.
(h)
Non-income
producing
(i)
Agreement
with
Bank
of
New
York
Mellon,
4.860%
dated
9/30/24
to
be
repurchased
at
$51,576,091
on
10/1/24,
collateralized
by
Government
Agency
Securities,
with
coupon
rate
4.875%
and
maturity
date
10/31/28,
valued
at
$51,612,048.
(j)
Investments
made
with
cash
collateral
received
from
securities
on
loan.
(k)
The
rate
shown
is
the
one-day
yield
as
of
the
end
of
the
reporting
period.
Short
Duration
Impact
Bond
Portfolio
of
Investments
September
30,
2024
290
See
Notes
to
Financial
Statements
(Unaudited)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
LONG-TERM
INVESTMENTS
-
99.1%
BANK
LOAN
OBLIGATIONS
-
2.3%
COMMERCIAL
&
PROFESSIONAL
SERVICES
-
0.6%
$
483,750
(a)
LTR
Intermediate
Holdings,
Inc,
(TSFR1M
+
4.500%)
9.460
%
05/05/28
$
470,101‌
TOTAL
COMMERCIAL
&
PROFESSIONAL
SERVICES
470,101‌
UTILITIES
-
1.7%
420,098
(a)
Constellation
Renewables
LLC,
(TSFR3M
+
2.250%)
7.307
12/15/27
421,200‌
897,500
(a)
TerraForm
Power
Operating
LLC,
(TSFR3M
+
2.500%)
7.204
05/21/29
900,027‌
TOTAL
UTILITIES
1,321,227‌
TOTAL
BANK
LOAN
OBLIGATIONS
(Cost
$1,786,596)
1,791,328‌
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
CORPORATE
BONDS
-
33.2%
BANKS
-
9.9%
250,000
Bank
of
America
Corp
6.100
N/A(b)
250,346‌
250,000
(c)
BNP
Paribas
S.A.
1.675
06/30/27
238,307‌
689,000
Citigroup,
Inc
1.281
11/03/25
686,330‌
500,000
Citigroup,
Inc
2.014
01/25/26
494,945‌
500,000
(a)
Citigroup,
Inc,
(TSFR3M
+
1.512%)
6.105
07/01/26
503,058‌
250,000
(c)
Cooperatieve
Rabobank
UA
1.106
02/24/27
238,462‌
250,000
(c)
Credit
Agricole
S.A.
5.335
01/10/30
257,255‌
275,000
Deutsche
Bank
AG.
6.819
11/20/29
296,028‌
600,000
(c)
Federation
des
Caisses
Desjardins
du
Quebec
5.147
11/27/28
627,362‌
250,000
(c)
Federation
des
Caisses
Desjardins
du
Quebec
5.250
04/26/29
257,661‌
500,000
(c)
ING
Groep
NV
1.400
07/01/26
487,521‌
925,000
JPMorgan
Chase
&
Co
5.571
04/22/28
953,739‌
550,000
Morgan
Stanley
Bank
NA
5.504
05/26/28
567,337‌
250,000
(c)
Royal
Bank
of
Canada
1.050
09/14/26
236,571‌
1,000,000
(c)
Royal
Bank
of
Canada
4.851
12/14/26
1,019,480‌
500,000
Wells
Fargo
&
Co
4.540
08/15/26
499,128‌
TOTAL
BANKS
7,613,530‌
CAPITAL
GOODS
-
0.4%
300,000
Nature
Conservancy
2.668
03/01/26
292,088‌
TOTAL
CAPITAL
GOODS
292,088‌
ENERGY
-
1.7%
500,000
Marathon
Oil
Corp
5.300
04/01/29
518,462‌
500,000
(c)
New
York
State
Electric
&
Gas
Corp
5.650
08/15/28
520,981‌
250,000
Williams
Cos,
Inc
5.400
03/02/26
253,241‌
TOTAL
ENERGY
1,292,684‌
FINANCIAL
SERVICES
-
5.4%
250,000
BB
Blue
Financing
DAC
4.395
09/20/29
252,561‌
500,000
(c)
Equitable
Financial
Life
Global
Funding
1.300
07/12/26
475,548‌
500,000
Goldman
Sachs
Group,
Inc
0.855
02/12/26
491,999‌
250,000
(c)
HAT
Holdings
I
LLC
3.375
06/15/26
242,096‌
250,000
(c)
HAT
Holdings
I
LLC
8.000
06/15/27
264,846‌
500,000
Morgan
Stanley
0.864
10/21/25
498,683‌
500,000
Private
Export
Funding
Corp
(PEFCO)
1.400
07/15/28
459,660‌
250,000
Private
Export
Funding
Corp
(PEFCO)
4.300
12/15/28
254,630‌
250,000
(c)
Starwood
Property
Trust,
Inc
7.250
04/01/29
262,141‌
250,000
(c)
WLB
Asset
II
B
Pte
Ltd
3.950
12/10/24
240,316‌
250,000
(c)
WLB
Asset
II
C
Pte
Ltd
3.900
12/23/25
236,714‌
250,000
(c)
WLB
Asset
II
D
Pte
Ltd
6.500
12/21/26
235,448‌
291
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
FINANCIAL
SERVICES
-
5.4%
(continued)
$
250,000
(c)
WLB
Asset
VI
Pte
Ltd
7.250
%
12/21/27
$
264,622‌
TOTAL
FINANCIAL
SERVICES
4,179,264‌
FOOD,
BEVERAGE
&
TOBACCO
-
0.4%
275,000
Campbell
Soup
Co
5.200
03/21/29
284,820‌
TOTAL
FOOD,
BEVERAGE
&
TOBACCO
284,820‌
HOUSEHOLD
&
PERSONAL
PRODUCTS
-
1.3%
1,000,000
Unilever
Capital
Corp
4.875
09/08/28
1,030,508‌
TOTAL
HOUSEHOLD
&
PERSONAL
PRODUCTS
1,030,508‌
INSURANCE
-
0.3%
250,000
(c)
Metropolitan
Life
Global
Funding
I
0.950
07/02/25
243,732‌
TOTAL
INSURANCE
243,732‌
MATERIALS
-
1.3%
200,000
(c)
Cemex
SAB
de
C.V.
9.125
N/A(b)
218,159‌
325,000
Nutrien
Ltd
5.200
06/21/27
333,297‌
450,000
(c)
Smurfit
Kappa
Treasury
ULC
5.200
01/15/30
464,879‌
TOTAL
MATERIALS
1,016,335‌
TECHNOLOGY
HARDWARE
&
EQUIPMENT
-
0.6%
500,000
Apple,
Inc
3.000
06/20/27
491,128‌
TOTAL
TECHNOLOGY
HARDWARE
&
EQUIPMENT
491,128‌
TRANSPORTATION
-
0.5%
374,407
(c)
Air
Canada
Pass
Through
Trust
4.125
05/15/25
371,559‌
42,611
Ethiopian
Leasing
2012
LLC
2.646
05/12/26
42,051‌
TOTAL
TRANSPORTATION
413,610‌
UTILITIES
-
11.4%
475,000
Algonquin
Power
&
Utilities
Corp
5.365
06/15/26
480,741‌
500,000
Avangrid,
Inc
3.150
12/01/24
498,122‌
600,000
(c)
Brooklyn
Union
Gas
Co
4.632
08/05/27
599,346‌
250,000
(c)
Comision
Federal
de
Electricidad
5.700
01/24/30
250,550‌
500,000
Connecticut
Light
and
Power
Co
4.650
01/01/29
508,431‌
384,808
Consumers
2023
Securitization
Funding
LLC
5.550
03/01/27
388,960‌
472,495
(c)
Continental
Wind
LLC
6.000
02/28/33
488,687‌
1,000,000
DTE
Electric
Co
1.900
04/01/28
929,672‌
250,000
(c)
Electricite
de
France
S.A.
3.625
10/13/25
247,553‌
1,000,000
MidAmerican
Energy
Co
3.650
04/15/29
982,403‌
300,000
National
Fuel
Gas
Co
5.500
01/15/26
302,707‌
237,000
(c),(d)
NextEra
Energy
Operating
Partners
LP
7.250
01/15/29
249,888‌
719,000
Oncor
Electric
Delivery
Co
LLC
0.550
10/01/25
692,815‌
500,000
PG&E
Recovery
Funding
LLC
4.838
06/01/35
512,372‌
250,000
Public
Service
Co
of
Colorado
3.700
06/15/28
246,366‌
275,000
San
Diego
Gas
&
Electric
Co
4.950
08/15/28
282,573‌
336,329
SCE
Recovery
Funding
LLC
1.977
11/15/28
321,609‌
275,000
Southern
California
Edison
Co
4.875
02/01/27
279,230‌
500,000
Southern
Power
Co
4.150
12/01/25
497,323‌
TOTAL
UTILITIES
8,759,348‌
TOTAL
CORPORATE
BONDS
(Cost
$25,167,629)
25,617,047‌
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
GOVERNMENT
BONDS
-
44.0%
AGENCY
SECURITIES
-
4.2%
64,475
Export-Import
Bank
of
the
United
States
1.822
05/03/25
63,822‌
250,000
Federal
Home
Loan
Mortgage
Corp
(FHLMC)
1.500
02/12/25
247,125‌
264,166
Harar
Leasing
2013
LLC
2.582
07/02/25
260,275‌
500,000
Hashemite
Kingdom
of
Jordan
Government
AID
Bond
3.000
06/30/25
493,892‌
114,270
Lulwa
Ltd
1.831
03/26/25
113,054‌
133,635
Penta
Aircraft
Leasing
LLC
1.691
04/29/25
132,121‌
500,000
Private
Export
Funding
Corp
(PEFCO)
1.750
11/15/24
498,068‌
250,000
PEFCO
3.250
06/15/25
248,179‌
33,080
Sandalwood
LLC
2.821
02/12/26
32,606‌
563,880
Thirax  LLC
0.968
01/14/33
493,098‌
163,103
United
States
International
Development
Finance
Corp
1.050
10/15/29
150,879‌
Short
Duration
Impact
Bond
292
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
AGENCY
SECURITIES
(continued)
$
163,103
United
States
International
Development
Finance
Corp
1.790
%
10/15/29
$
153,845‌
319,348
Windermere
Aviation
LLC
2.351
05/27/26
312,939‌
TOTAL
AGENCY
SECURITIES
3,199,903‌
FOREIGN
GOVERNMENT
BONDS
-
12.1%
500,000
African
Development
Bank
4.125
02/25/27
504,824‌
1,000,000
(c)
Arab
Petroleum
Investments
Corp
5.428
05/02/29
1,042,548‌
360,000
Asian
Development
Bank
4.625
06/13/25
360,842‌
250,000
Asian
Infrastructure
Investment
Bank
0.500
01/27/26
238,931‌
250,000
Asian
Infrastructure
Investment
Bank
4.875
09/14/26
255,179‌
200,000
(a)
Asian
Infrastructure
Investment
Bank,
(SOFR
Compounded
Index
+
0.620%)
5.714
08/16/27
201,532‌
300,000
(a),(c)
Asian
Infrastructure
Investment
Bank,
(SOFR
Compounded
Index
+
0.620%)
5.714
08/16/27
302,298‌
250,000
(c)
BNG
Bank
NV
3.500
05/19/28
248,300‌
250,000
(c)
Caisse
d'Amortissement
de
la
Dette
Sociale
4.875
09/19/26
254,800‌
250,000
(a)
Central
American
Bank
for
Economic
Integration,
(TSFR3M
+
1.112%)
6.230
11/15/24
250,035‌
500,000
Council
Of
Europe
Development
Bank
3.000
06/16/25
495,488‌
450,000
Export
Development
Canada
3.875
02/14/28
453,004‌
250,000
Inter-American
Investment
Corp
2.625
04/22/25
247,450‌
250,000
Inter-American
Investment
Corp
0.625
02/10/26
238,839‌
500,000
Inter-American
Investment
Corp
4.126
02/15/28
506,521‌
250,000
International
Bank
for
Reconstruction
&
Development
0.000
03/31/27
227,690‌
500,000
International
Bank
for
Reconstruction
&
Development
0.000
03/31/28
495,924‌
250,000
International
Finance
Facility
for
Immunisation
Co
1.000
04/21/26
238,728‌
500,000
Japan
Bank
for
International
Cooperation
1.625
01/20/27
475,317‌
500,000
Japan
Bank
for
International
Cooperation
4.375
10/05/27
507,724‌
250,000
Japan
International
Cooperation
Agency
4.000
05/23/28
251,369‌
500,000
Japan
International
Cooperation
Agency
4.750
05/21/29
518,668‌
500,000
Kreditanstalt
fuer
Wiederaufbau
1.000
10/01/26
474,200‌
500,000
OPEC
Fund
for
International
Development
4.500
01/26/26
501,414‌
TOTAL
FOREIGN
GOVERNMENT
BONDS
9,291,625‌
MORTGAGE
BACKED
-
0.1%
50,000
(a),(c)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
+
3.100%)
8.363
06/25/43
52,508‌
30,000
(a),(c)
Structured
Agency
Credit
Risk
Debt
Note
(STACR),
(SOFR30A
+
2.900%)
8.180
04/25/42
31,065‌
TOTAL
MORTGAGE
BACKED
83,573‌
MUNICIPAL
BONDS
-
8.4%
300,000
California
Earthquake
Authority
5.750
11/01/24
300,249‌
117,179
(e)
City
of
Fort
Wayne
IN
10.750
12/01/29
12‌
250,000
(c)
County
of
Gallatin
MT
11.500
09/01/27
260,600‌
250,000
Fairfax
County
Economic
Development
Authority
5.589
10/01/24
250,000‌
500,000
(c)
Florida
Development
Finance
Corp
8.250
07/01/57
514,960‌
300,000
(f)
Los
Angeles
Unified
School
District
4.850
01/01/25
299,977‌
200,000
Mount
Diablo
Unified
School
District
5.548
08/01/27
204,060‌
500,000
(a),(c)
New
Hampshire
Business
Finance
Authority
5.050
02/01/29
500,000‌
850,000
New
York
State
Energy
Research
&
Development
Authority
3.845
04/01/25
850,000‌
815,000
New
York
State
Energy
Research
&
Development
Authority
5.822
04/01/27
835,055‌
250,000
Pharr
Economic
Development
Corp
3.016
08/15/26
245,641‌
650,000
Philadelphia
Energy
Authority
5.587
11/01/24
650,689‌
600,000
San
Diego
Unified
School
District
3.915
07/01/28
602,599‌
274,489
State
of
Hawaii
Department
of
Business
Economic
Development
&
Tourism
3.242
01/01/31
269,070‌
250,000
Village
of
Deerfield
IL
4.000
12/01/28
249,337‌
200,000
(c)
Warm
Springs
Reservation
Confederated
Tribe
3.050
11/01/24
199,667‌
250,000
(c)
Warm
Springs
Reservation
Confederated
Tribe
2.165
11/01/26
238,871‌
TOTAL
MUNICIPAL
BONDS
6,470,787‌
U.S.
TREASURY
SECURITIES
-
19.2%
9,083,000
United
States
Treasury
Note
5.000
09/30/25
9,172,482‌
3,528,000
United
States
Treasury
Note
3.500
09/30/26
3,518,215‌
371,000
United
States
Treasury
Note
3.375
09/15/27
369,116‌
1,775,000
United
States
Treasury
Note
3.500
09/30/29
1,769,730‌
TOTAL
U.S.
TREASURY
SECURITIES
14,829,543‌
TOTAL
GOVERNMENT
BONDS
(Cost
$33,753,805)
33,875,431‌
293
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
STRUCTURED
ASSETS
-
19.6%
ASSET
BACKED
-
11.6%
$
247,938
(c)
Air
Canada
2020-2,
Class
A
Pass
Through
Trust
5.250
%
04/01/29
$
248,227‌
Series
-
2020
A
(Class
)
524,384
Delta
Air
Lines
Pass
Through
Trust
3.625
07/30/27
507,970‌
Series
-
2015
1
(Class
AA)
190,206
Delta
Air
Lines
Pass
Through
Trust
2.000
06/10/28
177,864‌
Series
-
2020
1
(Class
AA)
191,569
Delta
Air
Lines
Pass
Through
Trust
2.500
06/10/28
180,483‌
Series
-
2020
1
(Class
A)
300,000
(c)
Frontier
Issuer
LLC
6.190
06/20/54
312,474‌
Series
-
2024
1
(Class
A2)
245,980
(c)
GoodLeap
Sustainable
Home
Solutions
Trust
1.930
07/20/48
197,838‌
Series
-
2021
4GS
(Class
A)
237,447
(c)
GoodLeap
Sustainable
Home
Solutions
Trust
2.560
10/20/48
186,968‌
Series
-
2021
5CS
(Class
B)
459,679
(c)
Helios
Issuer,
LLC
5.300
08/22/50
452,213‌
Series
-
2023
B
(Class
A)
80,942
(c)
HERO
Funding
Trust
4.050
09/20/41
76,450‌
Series
-
2016
1A
(Class
A)
125,794
(c)
HERO
Funding
Trust
3.910
09/20/42
116,971‌
Series
-
2016
3A
(Class
A2)
99,706
(c)
HERO
Funding
Trust
2.590
09/20/57
84,827‌
Series
-
2020
1A
(Class
A)
500,000
(c)
Hertz
Vehicle
Financing
III
LLC
5.570
09/25/29
511,722‌
Series
-
2023
2A
(Class
A)
97,761
(c)
Mosaic
Solar
Loan
Trust
2.100
04/20/46
87,046‌
Series
-
2020
1A
(Class
A)
222,768
(c)
Mosaic
Solar
Loan
Trust
1.440
08/20/46
190,590‌
Series
-
2020
2A
(Class
A)
272,710
(c)
Mosaic
Solar
Loan
Trust
1.440
06/20/52
225,014‌
Series
-
2021
3A
(Class
A)
230,277
(c)
Mosaic
Solar
Loan
Trust
1.770
06/20/52
164,319‌
Series
-
2021
3A
(Class
C)
24,071
(c)
Renew
3.670
09/20/52
22,021‌
Series
-
2017
1A
(Class
A)
189,836
(c)
Sunnova
Helios
VII
Issuer
LLC
2.030
10/20/48
157,647‌
Series
-
2021
C
(Class
A)
246,708
(c)
Sunnova
Helios
VIII
Issuer
LLC
2.790
02/22/49
219,556‌
Series
-
2022
A
(Class
A)
229,430
(c)
Sunnova
Helios
XI
Issuer
LLC
5.300
05/20/50
225,916‌
Series
-
2023
A
(Class
A)
427,508
(c)
Sunrun
Atlas
Issuer
LLC
3.610
02/01/55
400,063‌
Series
-
2019
2
(Class
A)
301,487
(c)
Sunrun
Callisto
Issuer
LLC
3.980
06/30/54
286,187‌
Series
-
2019
1A
(Class
A)
274,135
(c)
Sunrun
Callisto
Issuer
LLC
2.270
01/30/57
237,534‌
Series
-
2021
2A
(Class
A)
100,716
(c)
Tesla
Auto
Lease
Trust
5.860
08/20/25
100,814‌
Series
-
2023
A
(Class
A2)
250,000
(c)
Tesla
Auto
Lease
Trust
5.890
06/22/26
251,388‌
Series
-
2023
A
(Class
A3)
815,000
(c)
Tesla
Auto
Lease
Trust
6.130
09/21/26
822,897‌
Series
-
2023
B
(Class
A3)
580,000
(c)
Tesla
Auto
Lease
Trust
5.300
06/21/27
586,044‌
Series
-
2024
A
(Class
A3)
1,000,000
(c)
Tesla
Auto
Lease
Trust
5.940
07/20/27
1,010,770‌
Series
-
2023
A
(Class
A4)
587,470
(c)
Tesla
Electric
Vehicle
Trust
5.540
12/21/26
589,341‌
Series
-
2023
1
(Class
A2A)
Short
Duration
Impact
Bond
294
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
ASSET
BACKED
(continued)
$
343,290
(c)
Vivint
Colar
Financing
V
LLC
7.370
%
04/30/48
$
326,010‌
Series
-
2018
1A
(Class
B)
TOTAL
ASSET
BACKED
8,957,164‌
OTHER
MORTGAGE
BACKED
-
8.0%
250,000
(a),(c)
Alen
Mortgage
Trust,
(TSFR1M
+
2.364%)
7.461
04/15/34
179,344‌
Series
-
2021
ACEN
(Class
C)
250,000
(c)
BX
Trust
6.300
10/13/27
241,065‌
Series
-
2022
CLS
(Class
B)
250,000
(a),(c)
BX
TRUST,
(TSFR1M
+
1.490%)
6.587
01/17/39
246,536‌
Series
-
2022
AHP
(Class
AS)
250,000
(a),(c)
BX
TRUST,
(TSFR1M
+
2.090%)
7.187
01/17/39
244,771‌
Series
-
2022
AHP
(Class
C)
27,000
(a),(c)
Connecticut
Avenue
Securities
Trust,
(SOFR
+
3.600%)
8.880
07/25/42
28,553‌
Series
-
2022
R08
(Class
1M2)
250,000
(a),(c)
DBUBS
Mortgage
Trust
3.648
10/10/34
246,046‌
Series
-
2017
BRBK
(Class
D)
250,000
(c)
Frontier
Issuer
LLC
6.600
08/20/53
256,932‌
Series
-
2023
1
(Class
A2)
250,000
(c)
Frontier
Issuer
LLC
11.500
08/20/53
270,082‌
Series
-
2023
1
(Class
C)
1,000,000
(a),(c)
GS
Mortgage
Securities
Corp
Trust,
(TSFR1M
+
1.499%)
6.596
11/15/36
992,510‌
Series
-
2021
DM
(Class
AS)
57,365
GS
Mortgage
Securities
Trust
2.922
05/10/49
56,708‌
Series
-
2016
GS2
(Class
AAB)
500,000
(a),(c)
JP
Morgan
Chase
Commercial
Mortgage
Securities
Trust,
(TSFR1M
+
1.734%)
6.831
10/15/33
485,542‌
Series
-
2020
609M
(Class
A)
212,214
(a),(c)
Natixis
Commercial
Mortgage
Securities
Trust,
(TSFR1M
+
1.579%)
5.915
07/15/36
191,667‌
Series
-
2019
MILE
(Class
A)
250,000
(a),(c)
Natixis
Commercial
Mortgage
Securities
Trust,
(TSFR1M
+
1.879%)
6.976
07/15/36
211,978‌
Series
-
2019
MILE
(Class
B)
250,000
(a),(c)
Natixis
Commercial
Mortgage
Securities
Trust,
(TSFR1M
+
2.279%)
7.376
07/15/36
197,519‌
Series
-
2019
MILE
(Class
C)
250,000
(a),(c)
Natixis
Commercial
Mortgage
Securities
Trust,
(TSFR1M
+
4.329%)
9.426
07/15/36
161,011‌
Series
-
2019
MILE
(Class
F)
182,612
(c)
One
Market
Plaza
Trust
3.614
02/10/32
166,877‌
Series
-
2017
1MKT
(Class
A)
250,000
(c)
One
Market
Plaza
Trust
3.845
02/10/32
222,918‌
Series
-
2017
1MKT
(Class
B)
27,382,754
(a),(c)
SLG
Office
Trust
0.258
07/15/41
378,657‌
Series
-
2021
OVA
(Class
X)
500,000
(a),(c)
STWD
Mortgage
Trust,
(TSFR1M
+
1.371%)
6.468
11/15/36
495,461‌
Series
-
2021
LIH
(Class
AS)
500,000
(a),(c)
STWD
Mortgage
Trust,
(TSFR1M
+
1.770%)
6.867
11/15/36
495,553‌
Series
-
2021
LIH
(Class
B)
270,000
(a),(c)
STWD
Mortgage
Trust,
(TSFR1M
+
2.069%)
7.166
11/15/36
267,634‌
Series
-
2021
LIH
(Class
C)
100,258
(c)
Verus
Securitization
Trust
3.417
01/25/60
98,098‌
Series
-
2020
1
(Class
A1)
TOTAL
OTHER
MORTGAGE
BACKED
6,135,462‌
TOTAL
STRUCTURED
ASSETS
(Cost
$15,700,595)
15,092,626‌
TOTAL
LONG-TERM
INVESTMENTS
(Cost
$76,408,625)
76,376,432‌
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
SHORT-TERM
INVESTMENTS
-
1.9%
TREASURY
DEBT
-
1.9%
1,425,000
United
States
Treasury
Bill
0.000
10/01/24
1,425,000‌
TOTAL
TREASURY
DEBT
1,425,000‌
TOTAL
SHORT-TERM
INVESTMENTS
(Cost
$1,425,000)
1,425,000‌
295
See
Notes
to
Financial
Statements
SHARES
DESCRIPTION
RATE
EXP
VALUE
INVESTMENTS
PURCHASED
WITH
COLLATERAL
FROM
SECURITIES
LENDING
-
0.3%
255,187
(g)
State
Street
Navigator
Securities
Lending
Government
Money
Market
Portfolio
5.020
%
(h)
$
255,187‌
TOTAL
INVESTMENTS
PURCHASED
WITH
COLLATERAL
FROM
SECURITIES
LENDING
(Cost
$255,187)
255,187‌
TOTAL
INVESTMENTS
-
101.3%
(Cost
$78,088,812)
78,056,619‌
OTHER
ASSETS
&
LIABILITIES,
NET
-
(1.3)%
(1,028,239‌)
NET
ASSETS
-
100.0%
$
77,028,380‌
SOFR
Secured
Overnight
Financing
Rate
SOFR30A
30
Day
Average
Secured
Overnight
Financing
Rate
TSFR1M
CME
Term
Secured
Overnight
Financing
Rate
1
Month
TSFR3M
CME
Term
Secured
Overnight
Financing
Rate
3
Month
(a)
Floating
or
variable
rate
security
includes
the
reference
rate
and
spread,
unless
the
variable
rate
is
based
on
the
underlying
asset
of
the
security.
Coupon
rate
reflects
the
rate
at
period
end.
(b)
Perpetual
security
(c)
Security
is
exempt
from
registration
under
Rule
144A
of
the
Securities
Act
of
1933,
as
amended.
These
securities
are
deemed
liquid
and
may
be
resold
in
transactions
exempt
from
registration,
which
are
normally
those
transactions
with
qualified
institutional
buyers.
As
of
the
end
of
the
reporting
period,
the
aggregate
value
of
these
securities
is
$27,054,903
or
34.7%
of
Total
Investments.
(d)
All
or
a
portion
of
these
securities
are
out
on
loan.
The
aggregate
value
of
securities
on
loan
is
$249,888.
(e)
In
default
(f)
When-issued
or
delayed
delivery
security.
(g)
Investments
made
with
cash
collateral
received
from
securities
on
loan.
(h)
The
rate
shown
is
the
one-day
yield
as
of
the
end
of
the
reporting
period.
Short
Term
Bond
Portfolio
of
Investments
September
30,
2024
296
See
Notes
to
Financial
Statements
(Unaudited)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
LONG-TERM
INVESTMENTS
-
97.8%
BANK
LOAN
OBLIGATIONS
-
1.0%
CAPITAL
GOODS
-
0.1%
$
1,466,099
(a)
Core
&
Main
LP,
(TSFR1M
+
2.000%)
6.855
%
07/27/28
$
1,467,323‌
TOTAL
CAPITAL
GOODS
1,467,323‌
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
-
0.2%
666,894
(a)
American
Builders
&
Contractors
Supply
Co,
Inc,
(TSFR1M
+
1.750%)
6.595
01/31/31
668,144‌
1,758,142
(a)
Avis
Budget
Car
Rental
LLC,
(TSFR1M
+
1.750%)
6.710
08/06/27
1,752,868‌
729,276
(a)
Avis
Budget
Car
Rental
LLC,
(TSFR1M
+
3.000%)
7.945
03/16/29
730,647‌
TOTAL
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
3,151,659‌
CONSUMER
SERVICES
-
0.3%
1,454,820
(a)
1011778
BC
ULC,
(TSFR1M
+
1.750%)
6.595
09/20/30
1,442,614‌
1,943,891
(a)
Hilton
Worldwide
Finance
LLC,
(TSFR1M
+
1.750%)
6.605
11/08/30
1,945,670‌
784,170
(a)
KFC
Holding
Co,
(TSFR1M
+
1.750%)
6.879
03/15/28
788,581‌
1,415,727
(a)
Wyndham
Hotels
&
Resorts,
Inc,
(TSFR1M
+
1.750%)
6.595
05/24/30
1,416,831‌
TOTAL
CONSUMER
SERVICES
5,593,696‌
CONSUMER
STAPLES
DISTRIBUTION
&
RETAIL
-
0.0%
803,676
(a)
US
Foods,
Inc,
(TSFR1M
+
2.000%)
6.845
11/22/28
806,039‌
TOTAL
CONSUMER
STAPLES
DISTRIBUTION
&
RETAIL
806,039‌
FINANCIAL
SERVICES
-
0.0%
701,806
(a)
Trans
Union
LLC,
(TSFR1M
+
2.000%)
6.845
12/01/28
702,245‌
TOTAL
FINANCIAL
SERVICES
702,245‌
MEDIA
&
ENTERTAINMENT
-
0.1%
1,003,495
(a)
CSC
Holdings
LLC,
(TSFR1M
+
4.500%)
9.597
01/18/28
977,334‌
674,453
(a)
Outfront
Media
Capital
LLC,
(TSFR1M
+
1.750%)
6.595
11/18/26
675,154‌
TOTAL
MEDIA
&
ENTERTAINMENT
1,652,488‌
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
-
0.1%
920,310
(a)
Avantor
Funding,
Inc,
(TSFR1M
+
2.000%)
6.945
11/08/27
926,508‌
2,193,264
(a)
Jazz
Financing
Lux
Sarl,
(TSFR1M
+
2.250%)
7.095
05/05/28
2,193,461‌
TOTAL
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
3,119,969‌
SOFTWARE
&
SERVICES
-
0.1%
1,298,333
(a)
Gen
Digital,
Inc,
(TSFR1M
+
1.750%)
6.595
09/12/29
1,295,594‌
TOTAL
SOFTWARE
&
SERVICES
1,295,594‌
UTILITIES
-
0.1%
1,631,617
(a)
Energizer
Holdings,
Inc,
(TSFR1M
+
2.000%)
6.920
12/22/27
1,635,696‌
TOTAL
UTILITIES
1,635,696‌
TOTAL
BANK
LOAN
OBLIGATIONS
(Cost
$19,347,576)
19,424,709‌
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
CORPORATE
BONDS
-
33.2%
AUTOMOBILES
&
COMPONENTS
-
2.7%
2,725,000
(b)
Denso
Corp
1.239
09/16/26
2,566,357‌
10,000,000
Ford
Motor
Credit
Co
LLC
6.950
06/10/26
10,294,244‌
3,000,000
Ford
Motor
Credit
Co
LLC
7.350
11/04/27
3,185,459‌
2,200,000
(b)
Ford
Otomotiv
Sanayi
AS.
7.125
04/25/29
2,274,448‌
4,000,000
General
Motors
Financial
Co,
Inc
1.200
10/15/24
3,993,483‌
11,000,000
General
Motors
Financial
Co,
Inc
5.400
04/06/26
11,132,999‌
5,000,000
General
Motors
Financial
Co,
Inc
5.400
05/08/27
5,105,793‌
850,000
General
Motors
Financial
Co,
Inc
6.000
01/09/28
885,884‌
2,250,000
(b)
Hyundai
Capital
Services,
Inc
2.125
04/24/25
2,216,608‌
1,335,000
(b)
Kia
Corp
2.375
02/14/25
1,323,197‌
7,500,000
Toyota
Motor
Credit
Corp
4.550
08/07/26
7,580,752‌
TOTAL
AUTOMOBILES
&
COMPONENTS
50,559,224‌
BANKS
-
12.6%
2,100,000
(b)
Banco
de
Credito
del
Peru
2.700
01/11/25
2,082,636‌
3,650,000
(b)
Banco
del
Estado
de
Chile
2.704
01/09/25
3,621,895‌
2,855,000
(b)
Banco
do
Brasil
S.A.
3.250
09/30/26
2,785,122‌
5,000,000
Banco
Santander
S.A.
3.496
03/24/25
4,969,382‌
4,000,000
(b)
Bank
Leumi
Le-Israel
BM
5.125
07/27/27
4,000,000‌
297
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
BANKS
-
12.6%
(continued)
$
20,000,000
Bank
of
America
Corp
3.384
%
04/02/26
$
19,840,168‌
10,000,000
Bank
of
America
Corp
5.819
09/15/29
10,523,840‌
10,000,000
Bank
of
America
NA
5.650
08/18/25
10,109,728‌
1,800,000
Barclays
plc
4.837
09/10/28
1,815,141‌
5,000,000
Barclays
plc
6.490
09/13/29
5,335,147‌
15,000,000
CitiBank
NA
5.438
04/30/26
15,291,313‌
7,250,000
CitiBank
NA
4.929
08/06/26
7,356,814‌
500,000
Citigroup,
Inc
5.833
10/30/24
500,233‌
2,500,000
Citigroup,
Inc
1.281
11/03/25
2,490,313‌
10,000,000
Citigroup,
Inc
5.610
09/29/26
10,086,680‌
20,000,000
Goldman
Sachs
Bank
USA
5.283
03/18/27
20,258,373‌
10,000,000
Goldman
Sachs
Bank
USA
5.414
05/21/27
10,161,871‌
14,000,000
JPMorgan
Chase
&
Co
4.080
04/26/26
13,930,289‌
10,000,000
JPMorgan
Chase
&
Co
5.581
04/22/30
10,495,904‌
3,000,000
JPMorgan
Chase
&
Co
4.995
07/22/30
3,084,677‌
10,000,000
JPMorgan
Chase
Bank
NA
5.110
12/08/26
10,224,851‌
5,000,000
Morgan
Stanley
Bank
NA
5.882
10/30/26
5,180,160‌
8,400,000
Morgan
Stanley
Bank
NA
5.504
05/26/28
8,664,784‌
5,000,000
Morgan
Stanley
Bank
NA
4.968
07/14/28
5,101,460‌
4,275,000
(b),(c)
NatWest
Markets
plc
5.416
05/17/27
4,387,735‌
10,000,000
Royal
Bank
of
Canada
5.069
07/23/27
10,152,672‌
3,000,000
Toronto-Dominion
Bank
3.766
06/06/25
2,983,418‌
3,000,000
(c)
Toronto-Dominion
Bank
4.980
04/05/27
3,061,056‌
4,000,000
(b)
United
Overseas
Bank
Ltd
1.250
04/14/26
3,831,535‌
21,900,000
Wells
Fargo
Bank
NA
5.450
08/07/26
22,422,933‌
TOTAL
BANKS
234,750,130‌
CAPITAL
GOODS
-
1.4%
10,000,000
Boeing
Co
2.196
02/04/26
9,629,889‌
10,000,000
Caterpillar
Financial
Services
Corp
4.350
05/15/26
10,058,319‌
5,000,000
John
Deere
Capital
Corp
4.200
07/15/27
5,041,130‌
2,000,000
(b)
Sisecam
UK
plc
8.250
05/02/29
2,066,000‌
TOTAL
CAPITAL
GOODS
26,795,338‌
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
-
0.3%
2,700,000
O'Reilly
Automotive,
Inc
5.750
11/20/26
2,783,468‌
3,000,000
(b)
Prosus
NV
3.257
01/19/27
2,894,541‌
TOTAL
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
5,678,009‌
CONSUMER
STAPLES
DISTRIBUTION
&
RETAIL
-
0.5%
5,000,000
Kroger
Co
4.600
08/15/27
5,042,986‌
3,900,000
Walmart,
Inc
1.050
09/17/26
3,703,665‌
TOTAL
CONSUMER
STAPLES
DISTRIBUTION
&
RETAIL
8,746,651‌
ENERGY
-
2.6%
2,275,000
(b)
6297782
LLC
4.911
09/01/27
2,292,391‌
3,000,000
Canadian
Natural
Resources
Ltd
2.050
07/15/25
2,935,328‌
2,000,000
Diamondback
Energy,
Inc
5.150
01/30/30
2,051,940‌
4,775,000
Enbridge,
Inc
2.500
02/14/25
4,730,683‌
3,000,000
Energy
Transfer
LP
5.250
07/01/29
3,089,802‌
3,500,000
Enterprise
Products
Operating
LLC
5.050
01/10/26
3,539,474‌
2,991,000
Hess
Corp
4.300
04/01/27
2,990,288‌
2,425,000
Marathon
Oil
Corp
5.300
04/01/29
2,514,539‌
4,000,000
Marathon
Petroleum
Corp
4.700
05/01/25
3,994,916‌
139,000
Petroleos
Mexicanos
2.378
04/15/25
136,646‌
1,000,000
Petroleos
Mexicanos
4.500
01/23/26
967,504‌
1,000,000
Petroleos
Mexicanos
5.350
02/12/28
934,509‌
1,973,684
Reliance
Industries
Ltd
2.444
01/15/26
1,941,846‌
2,000,000
(b)
Tengizchevroil
Finance
Co
International
Ltd
2.625
08/15/25
1,951,008‌
5,000,000
TransCanada
PipeLines
Ltd
1.000
10/12/24
4,991,773‌
10,000,000
Williams
Cos,
Inc
5.400
03/02/26
10,129,655‌
TOTAL
ENERGY
49,192,302‌
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
-
1.7%
3,000,000
American
Tower
Corp
5.250
07/15/28
3,089,414‌
1,450,000
AvalonBay
Communities,
Inc
3.500
11/15/24
1,446,758‌
3,000,000
Essex
Portfolio
LP
1.700
03/01/28
2,748,140‌
Short
Term
Bond
298
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
-
1.7%
(continued)
$
4,800,000
Kite
Realty
Group
LP
4.000
%
10/01/26
$
4,734,563‌
3,000,000
(b)
ProLogis
Targeted
US
Logistics
Fund
LP
5.250
04/01/29
3,089,723‌
1,665,000
(b)
SBA
Tower
Trust
2.836
01/15/25
1,653,041‌
13,365,000
(b)
SBA
Tower
Trust
1.884
01/15/26
12,897,984‌
2,500,000
(b)
SBA
Tower
Trust
1.631
11/15/26
2,340,736‌
TOTAL
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
32,000,359‌
FINANCIAL
SERVICES
-
1.3%
5,500,000
AerCap
Ireland
Capital
DAC
6.100
01/15/27
5,695,023‌
3,000,000
American
Express
Co
5.532
04/25/30
3,144,494‌
1,500,000
(b)
Banco
BTG
Pactual
S.A.
2.750
01/11/26
1,454,298‌
2,500,000
(b)
DAE
Funding
LLC
2.625
03/20/25
2,471,950‌
5,000,000
Morgan
Stanley
1.164
10/21/25
4,989,847‌
1,675,000
Morgan
Stanley
5.449
07/20/29
1,740,489‌
5,000,000
State
Street
Corp
5.272
08/03/26
5,105,921‌
TOTAL
FINANCIAL
SERVICES
24,602,022‌
FOOD,
BEVERAGE
&
TOBACCO
-
0.5%
3,000,000
(b)
Bimbo
Bakeries
USA,
Inc
6.050
01/15/29
3,170,019‌
3,000,000
Constellation
Brands,
Inc
3.150
08/01/29
2,846,215‌
3,000,000
Philip
Morris
International,
Inc
4.875
02/13/29
3,075,844‌
TOTAL
FOOD,
BEVERAGE
&
TOBACCO
9,092,078‌
HEALTH
CARE
EQUIPMENT
&
SERVICES
-
0.4%
3,750,000
CVS
Health
Corp
4.300
03/25/28
3,739,903‌
3,200,000
HCA,
Inc
5.200
06/01/28
3,283,598‌
TOTAL
HEALTH
CARE
EQUIPMENT
&
SERVICES
7,023,501‌
HOUSEHOLD
&
PERSONAL
PRODUCTS
-
0.5%
5,000,000
Haleon
UK
Capital
plc
3.125
03/24/25
4,955,639‌
5,000,000
Unilever
Capital
Corp
4.250
08/12/27
5,050,105‌
TOTAL
HOUSEHOLD
&
PERSONAL
PRODUCTS
10,005,744‌
INSURANCE
-
0.1%
2,500,000
(b)
Principal
Life
Global
Funding
II
0.875
01/12/26
2,391,723‌
TOTAL
INSURANCE
2,391,723‌
MATERIALS
-
0.9%
3,401,000
Amcor
Finance
USA,
Inc
3.625
04/28/26
3,354,065‌
2,200,000
AngloGold
Ashanti
Holdings
plc
3.375
11/01/28
2,072,565‌
1,200,000
(b)
Freeport
Indonesia
PT
4.763
04/14/27
1,203,904‌
2,000,000
(b)
Kraton
Corp
5.000
07/15/27
2,038,469‌
2,325,000
(b)
Orbia
Advance
Corp
SAB
de
C.V.
1.875
05/11/26
2,201,192‌
1,000,000
(b)
POSCO
4.375
08/04/25
996,564‌
4,200,000
(b)
POSCO
5.750
01/17/28
4,364,168‌
TOTAL
MATERIALS
16,230,927‌
MEDIA
&
ENTERTAINMENT
-
1.5%
2,000,000
(b)
CCO
Holdings
LLC
5.125
05/01/27
1,968,432‌
10,000,000
Charter
Communications
Operating
LLC
6.150
11/10/26
10,278,013‌
10,000,000
Comcast
Corp
3.150
03/01/26
9,861,785‌
6,875,000
Warnermedia
Holdings,
Inc
3.638
03/15/25
6,826,747‌
TOTAL
MEDIA
&
ENTERTAINMENT
28,934,977‌
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
-
1.1%
4,600,000
Amgen,
Inc
5.150
03/02/28
4,736,669‌
3,000,000
AstraZeneca
Finance
LLC
4.800
02/26/27
3,058,646‌
8,000,000
Pfizer
Investment
Enterprises
Pte
Ltd
4.450
05/19/28
8,118,668‌
1,045,000
Teva
Pharmaceutical
Finance
Netherlands
III
BV
4.750
05/09/27
1,030,275‌
3,000,000
Zoetis,
Inc
5.400
11/14/25
3,028,303‌
TOTAL
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
19,972,561‌
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
-
1.0%
1,800,000
Broadcom,
Inc
4.150
02/15/28
1,798,107‌
5,800,000
Broadcom,
Inc
5.050
07/12/29
5,974,480‌
3,000,000
(b)
SK
Hynix,
Inc
1.500
01/19/26
2,881,709‌
3,000,000
(b)
SK
Hynix,
Inc
6.375
01/17/28
3,152,633‌
1,075,000
TSMC
Arizona
Corp
1.750
10/25/26
1,021,929‌
1,325,000
TSMC
Arizona
Corp
3.875
04/22/27
1,317,261‌
299
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
-
1.0%
(continued)
$
3,000,000
(b),(c)
TSMC
Global
Ltd
0.750
%
09/28/25
$
2,886,795‌
TOTAL
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
19,032,914‌
SOFTWARE
&
SERVICES
-
0.5%
5,000,000
Adobe,
Inc
1.900
02/01/25
4,950,950‌
925,000
(b)
Gen
Digital,
Inc
6.750
09/30/27
950,414‌
3,100,000
Oracle
Corp
5.800
11/10/25
3,148,342‌
TOTAL
SOFTWARE
&
SERVICES
9,049,706‌
TECHNOLOGY
HARDWARE
&
EQUIPMENT
-
0.2%
3,000,000
Amphenol
Corp
5.050
04/05/29
3,095,643‌
TOTAL
TECHNOLOGY
HARDWARE
&
EQUIPMENT
3,095,643‌
TELECOMMUNICATION
SERVICES
-
1.0%
5,500,000
AT&T,
Inc
1.700
03/25/26
5,294,126‌
8,000,000
T-Mobile
USA,
Inc
3.750
04/15/27
7,903,862‌
5,500,000
Verizon
Communications,
Inc
2.100
03/22/28
5,131,690‌
TOTAL
TELECOMMUNICATION
SERVICES
18,329,678‌
TRANSPORTATION
-
0.5%
5,000,000
Canadian
Pacific
Railway
Co
1.350
12/02/24
4,967,801‌
2,000,000
(b)
Grupo
Aeromexico
SAB
de
C.V.
8.500
03/17/27
2,021,026‌
2,000,000
(b)
Transnet
SOC
Ltd
8.250
02/06/28
2,073,160‌
TOTAL
TRANSPORTATION
9,061,987‌
UTILITIES
-
1.9%
3,400,000
(b)
Comision
Federal
de
Electricidad
5.700
01/24/30
3,407,480‌
1,481,510
Consumers
2023
Securitization
Funding
LLC
5.550
03/01/27
1,497,497‌
3,000,000
Dominion
Energy,
Inc
3.300
03/15/25
2,974,948‌
5,000,000
Florida
Power
&
Light
Co
4.400
05/15/28
5,059,636‌
1,575,000
NextEra
Energy
Capital
Holdings,
Inc
4.900
02/28/28
1,609,797‌
3,000,000
NextEra
Energy
Capital
Holdings,
Inc
4.900
03/15/29
3,075,838‌
9,300,000
Virginia
Power
Fuel
Securitization
LLC
5.088
05/01/27
9,426,881‌
5,000,000
WEC
Energy
Group,
Inc
4.750
01/09/26
5,021,295‌
3,300,000
WEC
Energy
Group,
Inc
5.600
09/12/26
3,383,450‌
TOTAL
UTILITIES
35,456,822‌
TOTAL
CORPORATE
BONDS
(Cost
$612,936,368)
620,002,296‌
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
GOVERNMENT
BONDS
-
44.3%
AGENCY
SECURITIES
-
1.3%
20,036,250
Federal
Home
Loan
Bank
(FHLB)
1.000
03/23/26
19,204,189‌
1,265,000
Montefiore
Medical
Center
2.152
10/20/26
1,228,488‌
1,578,947
Reliance
Industries
Ltd
1.870
01/15/26
1,547,350‌
1,500,000
Reliance
Industries
Ltd
2.060
01/15/26
1,471,082‌
TOTAL
AGENCY
SECURITIES
23,451,109‌
FOREIGN
GOVERNMENT
BONDS
-
2.5%
2,500,000
Brazilian
Government
International
Bond
2.875
06/06/25
2,459,604‌
6,250,000
(b)
Central
American
Bank
for
Economic
Integration
5.000
02/09/26
6,300,509‌
1,000,000
(b)
Hungary
Government
International
Bond
6.125
05/22/28
1,042,500‌
2,800,000
(b)
Korea
Hydro
&
Nuclear
Power
Co
Ltd
1.250
04/27/26
2,670,351‌
300,000
(b)
Magyar
Export-Import
Bank
Zrt
6.125
12/04/27
308,268‌
4,350,000
Mexico
Government
International
Bond
3.750
01/11/28
4,235,129‌
4,300,000
(b)
Morocco
Government
International
Bond
2.375
12/15/27
3,985,876‌
3,575,000
(b)
OPEC
Fund
for
International
Development
4.500
01/26/26
3,585,365‌
4,250,000
Peruvian
Government
International
Bond
4.125
08/25/27
4,216,285‌
900,000
Philippine
Government
International
Bond
2.457
05/05/30
816,876‌
4,000,000
(b)
Qatar
Government
International
Bond
4.000
03/14/29
4,005,224‌
6,800,000
Republic
of
Italy
Government
International
Bond
2.375
10/17/24
6,791,296‌
1,000,000
(b)
Romanian
Government
International
Bond
6.625
02/17/28
1,045,070‌
5,200,000
(b)
Saudi
Government
International
Bond
3.250
10/26/26
5,108,558‌
TOTAL
FOREIGN
GOVERNMENT
BONDS
46,570,911‌
MORTGAGE
BACKED
-
4.6%
2,859,300
(a),(b)
Chase
Mortgage
Trust
3.750
12/25/45
2,674,607‌
10,220
Citicorp
Mortgage
Securities
Trust
5.500
02/25/26
10,121‌
Short
Term
Bond
300
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MORTGAGE
BACKED
(continued)
$
10,094,000
(a),(b)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
+
3.100%)
8.380
%
03/25/42
$
10,526,619‌
6,120,000
(a),(b)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
+
4.650%)
9.913
06/25/42
6,623,665‌
7,277,000
(a),(b)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
+
3.350%)
8.630
01/25/43
7,681,637‌
8,380,000
(a),(b)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
+
3.550%)
8.813
05/25/43
8,968,847‌
1,030,000
(a),(b)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
+
3.100%)
8.363
06/25/43
1,081,672‌
9,198
Deutsche
Mortgage
Securities,
Inc
Mortgage
Loan
Trust
(Step
Bond)
5.940
07/25/34
9,121‌
5,775,637
Government
National
Mortgage
Association
(GNMA)
2.000
05/15/31
5,302,866‌
16,066,143
GNMA
1.730
07/15/37
14,034,690‌
50,035
(a)
Impac
CMB
Trust,
(TSFR1M
+
0.774%)
5.629
03/25/35
46,359‌
247,484
(a),(b)
New
Residential
Mortgage
Loan
Trust
3.750
11/25/54
236,360‌
405,346
(a),(b)
New
Residential
Mortgage
Loan
Trust
3.750
03/25/56
389,378‌
687,819
(a),(b)
New
Residential
Mortgage
Loan
Trust
4.000
12/25/57
672,095‌
248,440
(a)
Structured
Adjustable
Rate
Mortgage
Loan
Trust,
(TSFR1M
+
0.484%)
5.339
07/25/34
247,502‌
460,000
(a),(b)
Structured
Agency
Credit
Risk
Debt
Note
(STACR),
(SOFR30A
+
2.900%)
8.180
04/25/42
476,337‌
20,000,000
(a),(b)
STACR,
(SOFR30A
+
3.350%)
8.630
05/25/42
20,987,716‌
235,357
(a),(b)
STACR,
(SOFR30A
+
4.500%)
9.780
06/25/42
252,698‌
1,055,000
(a),(b)
STACR,
(SOFR30A
+
4.000%)
9.280
07/25/42
1,123,595‌
3,830,000
(a),(b)
STACR,
(SOFR30A
+
3.250%)
8.513
04/25/43
4,029,310‌
TOTAL
MORTGAGE
BACKED
85,375,195‌
U.S.
TREASURY
SECURITIES
-
35.9%
108,000,000
United
States
Treasury
Note
0.375
04/30/25
105,577,593‌
12,328,000
United
States
Treasury
Note
3.000
09/30/25
12,209,921‌
80,000,000
United
States
Treasury
Note
3.000
10/31/25
79,212,500‌
20,000,000
United
States
Treasury
Note
2.875
11/30/25
19,771,094‌
83,091,000
United
States
Treasury
Note
3.625
05/15/26
82,957,925‌
186,169,000
United
States
Treasury
Note
1.500
08/15/26
178,911,317‌
66,530,000
United
States
Treasury
Note
3.500
09/30/26
66,345,483‌
15,000,000
United
States
Treasury
Note
0.500
06/30/27
13,800,000‌
9,107,000
United
States
Treasury
Note
3.375
09/15/27
9,060,753‌
49,000,000
United
States
Treasury
Note
0.625
11/30/27
44,702,930‌
15,686,000
United
States
Treasury
Note
3.625
03/31/28
15,717,862‌
7,000,000
United
States
Treasury
Note
1.250
09/30/28
6,396,797‌
11,000,000
United
States
Treasury
Note
1.375
10/31/28
10,084,336‌
25,751,000
United
States
Treasury
Note
3.500
09/30/29
25,674,552‌
TOTAL
U.S.
TREASURY
SECURITIES
670,423,063‌
TOTAL
GOVERNMENT
BONDS
(Cost
$822,925,245)
825,820,278‌
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
STRUCTURED
ASSETS
-
19.3%
ASSET
BACKED
-
9.6%
52,749
Aames
Mortgage
Trust
(Step
Bond)
7.396
06/25/32
52,010‌
Series
-
2002
1
(Class
A3)
4,355,250
(b)
Alterna
Funding
III
LLC
6.260
05/16/39
4,434,037‌
Series
-
2024
1A
(Class
A)
55,677
(b)
Asset
Backed
Funding
Corp
NIM
Trust
5.900
07/26/35
1‌
Series
-
2005
WMC1
(Class
N1)
538,552
(a)
Asset
Backed
Securities
Corp
Home
Equity
Loan
Trust
Series,
(TSFR1M
+
1.764%)
6.861
03/15/32
552,544‌
Series
-
2002
HE1
(Class
M1)
9,000,000
(b)
Avis
Budget
Rental
Car
Funding
AESOP
LLC
5.360
06/20/30
9,249,830‌
Series
-
2024
1A
(Class
A)
1,906,933
(b)
Capital
Automotive
REIT
1.440
08/15/51
1,789,815‌
Series
-
2021
1A
(Class
A1)
2,096,934
(b)
Capital
Automotive
REIT
1.920
08/15/51
1,968,409‌
Series
-
2021
1A
(Class
A3)
8,600,000
CarMax
Auto
Owner
Trust
0.740
10/15/26
8,427,630‌
Series
-
2021
1
(Class
B)
7,000,000
CarMax
Auto
Owner
Trust
1.000
03/15/27
6,752,705‌
Series
-
2021
3
(Class
B)
671
Centex
Home
Equity
5.540
01/25/32
681‌
Series
-
2002
A
(Class
AF6)
301
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
ASSET
BACKED
(continued)
$
38,942
(a)
Centex
Home
Equity,
(TSFR1M
+
0.759%)
5.614
%
03/25/34
$
38,757‌
Series
-
2004
B
(Class
M1)
9,579,164
(b)
CF
Hippolyta
LLC
1.690
07/15/60
9,268,931‌
Series
-
2020
1
(Class
A1)
122,341
(a)
Chase
Funding
Mortgage
Loan
Asset-Backed
Certificates
5.700
02/26/35
112,976‌
Series
-
2004
2
(Class
1M2)
2,540,000
CNH
Equipment
Trust
0.900
01/16/29
2,439,947‌
Series
-
2021
B
(Class
B)
6,613,000
(b)
DB
Master
Finance
LLC
2.045
11/20/51
6,266,905‌
Series
-
2021
1A
(Class
A2I)
10,697,500
(b)
Domino's
Pizza
Master
Issuer
LLC
2.662
04/25/51
9,855,439‌
Series
-
2021
1A
(Class
A2I)
1,493,862
(b)
FNA
VI
LLC
1.350
01/10/32
1,399,328‌
Series
-
2021
1A
(Class
A)
4,500,000
Ford
Credit
Auto
Owner
Trust
0.700
10/15/26
4,413,531‌
Series
-
2021
A
(Class
B)
1,500,000
(b)
Ford
Credit
Auto
Owner
Trust
1.610
10/17/33
1,431,894‌
Series
-
2021
1
(Class
B)
18,050,000
GM
Financial
Automobile
Leasing
Trust
5.390
07/20/27
18,380,310‌
Series
-
2024
2
(Class
A3)
3,350,000
GM
Financial
Consumer
Automobile
Receivables
Trust
0.750
05/17/27
3,318,526‌
Series
-
2021
1
(Class
B)
2,500,000
(a),(b)
Gracie
Point
International
Funding
LLC
7.068
03/01/28
2,508,368‌
Series
-
2024
1A
(Class
A)
1,115,000
(a),(b)
Gracie
Point
International
Funding
LLC
7.468
03/01/28
1,118,711‌
Series
-
2024
1A
(Class
B)
5,814,658
(b)
Hilton
Grand
Vacations
Trust
5.500
03/25/38
5,979,045‌
Series
-
2024
2A
(Class
A)
265,622
IMC
Home
Equity
Loan
Trust
(Step
Bond)
5.432
08/20/29
263,942‌
Series
-
1998
3
(Class
A7)
6,100,000
(a),(b)
MSCG
Trust
3.577
06/07/35
5,635,516‌
Series
-
2015
ALDR
(Class
C)
11,322,444
(b)
MVW
LLC
5.320
02/20/43
11,557,600‌
Series
-
2024
1A
(Class
A)
1,903,191
(b)
Navient
Private
Education
Refi
Loan
Trust
0.840
05/15/69
1,729,308‌
Series
-
2021
A
(Class
A)
643,451
(b)
Oportun
Funding
XIV
LLC
1.210
03/08/28
629,155‌
Series
-
2021
A
(Class
A)
1,528,302
(b)
Oportun
Issuance
Trust
1.960
05/08/31
1,487,277‌
Series
-
2021
B
(Class
B)
300,853
(a)
Park
Place
Securities,
Inc,
(TSFR1M
+
1.359%)
6.214
01/25/36
298,031‌
Series
-
2005
WCH1
(Class
M4)
8,425,000
(b)
PFS
Financing
Corp
4.950
02/15/29
8,562,079‌
9,630,000
(b)
PFS
Financing
Corp
5.340
04/15/29
9,882,613‌
Series
-
2024
D
(Class
A)
5,500,000
(b)
Santander
Consumer
Auto
Receivables
Trust
0.710
08/17/26
5,433,613‌
Series
-
2021
AA
(Class
B)
5,050,000
(b)
SCCU
Auto
Receivables
Trust
5.110
06/15/29
5,122,090‌
Series
-
2024
1A
(Class
A3)
5,679,820
SCE
Recovery
Funding
LLC
0.861
11/15/31
5,056,623‌
Series
-
2021
A-1
(Class
A)
2,357,400
(b)
ServiceMaster
Funding
LLC
2.841
10/30/51
2,177,051‌
Series
-
2020
1
(Class
A2I)
5,563,125
(b)
SERVPRO
Master
Issuer
LLC
2.394
04/25/51
5,067,861‌
Series
-
2021
1A
(Class
A2)
824,785
(b)
Sierra
Timeshare
Receivables
Funding
LLC
0.990
11/20/37
795,665‌
Series
-
2021
1A
(Class
A)
12,615,300
(b)
Taco
Bell
Funding
LLC
1.946
08/25/51
11,822,623‌
Series
-
2021
1A
(Class
A2I)
Short
Term
Bond
302
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
ASSET
BACKED
(continued)
$
5,619,056
(b)
Wendy's
Funding
LLC
2.370
%
06/15/51
$
5,058,029‌
Series
-
2021
1A
(Class
A2I)
TOTAL
ASSET
BACKED
180,339,406‌
OTHER
MORTGAGE
BACKED
-
9.7%
1,185,000
(a),(b)
ARES
Commercial
Mortgage
Trust,
(TSFR1M
+
1.692%)
7.012
07/15/41
1,188,571‌
Series
-
2024
IND
(Class
A)
2,500,000
(a),(b)
Ashford
Hospitality
Trust,
(LIBOR
1
M
+
3.047%)
2.860
06/15/35
2,458,180‌
Series
-
2018
KEYS
(Class
D)
4,119,000
(a),(b)
Barclays
Commercial
Mortgage
Securities
LLC,
(TSFR1M
+
1.297%)
6.394
07/15/37
4,083,553‌
Series
-
2018
CBM
(Class
A)
3,500,000
(a),(b)
BX
Commercial
Mortgage
Trust,
(TSFR1M
+
1.112%)
6.209
10/15/38
3,467,713‌
Series
-
2021
XL2
(Class
B)
5,915,000
(a),(b)
BX
Commercial
Mortgage
Trust,
(TSFR1M
+
1.312%)
6.409
10/15/38
5,846,543‌
Series
-
2021
XL2
(Class
C)
1,000,000
(a),(b)
BX
Commercial
Mortgage
Trust,
(TSFR1M
+
1.840%)
6.937
01/17/39
981,722‌
Series
-
2022
AHP
(Class
B)
3,000,000
(b)
COMM
Mortgage
Trust
3.376
01/10/39
2,708,100‌
Series
-
2022
HC
(Class
C)
1,684,219
(b)
COMM
Mortgage
Trust
3.397
03/10/46
1,617,240‌
Series
-
2013
CR6
(Class
B)
4,621,993
COMM
Mortgage
Trust
4.377
05/10/47
4,515,254‌
Series
-
2014
CR17
(Class
B)
2,500,000
COMM
Mortgage
Trust
4.012
06/10/47
2,358,487‌
Series
-
2014
UBS3
(Class
AM)
1,012,000
(a)
COMM
Mortgage
Trust
4.408
05/10/48
940,695‌
Series
-
2015
CR23
(Class
C)
4,115,000
(a)
COMM
Mortgage
Trust
4.458
07/10/48
4,038,935‌
Series
-
2015
LC21
(Class
B)
3,000,000
(a)
COMM
Mortgage
Trust
3.463
08/10/48
2,635,167‌
Series
-
2015
CR24
(Class
D)
4,170,000
(a)
COMM
Mortgage
Trust
4.667
08/10/48
4,079,743‌
Series
-
2015
CR25
(Class
B)
2,500,000
(a)
COMM
Mortgage
Trust
4.612
10/10/48
2,425,373‌
Series
-
2015
CR26
(Class
B)
165,000
(a),(b)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
+
3.850%)
9.130
05/25/42
175,495‌
Series
-
2022
R06
(Class
1M2)
1,013,816
(a),(b)
Connecticut
Avenue
Securities
Trust,
(SOFR
+
3.600%)
8.880
07/25/42
1,072,128‌
Series
-
2022
R08
(Class
1M2)
8,295,000
(a),(b)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
+
4.750%)
10.013
09/25/42
9,062,856‌
Series
-
2022
R09
(Class
2M2)
12,515,000
(a),(b)
Connecticut
Avenue
Securities
Trust,
(SOFR30A
+
3.750%)
9.013
12/25/42
13,433,687‌
Series
-
2023
R01
(Class
1M2)
1,400,000
(b)
Credit
Suisse
Commercial
Mortgage
Trust
2.816
08/15/37
1,350,697‌
Series
-
2020
NET
(Class
B)
2,523,039
(b)
Credit
Suisse
Commercial
Mortgage
Trust
3.304
09/15/37
2,255,605‌
Series
-
2014
USA
(Class
A1)
1,600,417
(b)
CSMC
Trust
2.414
05/25/65
1,504,313‌
Series
-
2020
NQM1
(Class
A2)
5,000,000
(a),(b)
DBSG
Mortgage
Trust
6.595
06/10/37
5,110,534‌
Series
-
2024
ALTA
(Class
B)
2,598,000
(a),(b)
GS
Mortgage
Securities
Corp
II
4.688
02/10/46
2,364,755‌
Series
-
2013
GC10
(Class
D)
1,000,000
(a),(b)
GS
Mortgage
Securities
Corp
Trust,
(TSFR1M
+
2.164%)
7.261
11/15/36
982,746‌
Series
-
2021
ARDN
(Class
C)
1,750,000
(a),(b)
GS
Mortgage
Securities
Corp
Trust,
(TSFR1M
+
2.864%)
7.961
11/15/36
1,733,783‌
Series
-
2021
ARDN
(Class
D)
2,748,231
(a),(b)
GS
Mortgage-Backed
Securities
Corp
Trust
3.000
03/27/51
2,402,551‌
Series
-
2020
PJ5
(Class
A4)
2,362,242
(a),(b)
JP
Morgan
Chase
Commercial
Mortgage
Securities
Corp,
(TSFR1M
+
1.164%)
6.261
04/15/38
2,358,211‌
Series
-
2021
MHC
(Class
A)
791,240
(a),(b)
JP
Morgan
Chase
Commercial
Mortgage
Securities
Trust
5.013
02/15/46
743,081‌
Series
-
2011
C3
(Class
B)
303
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
OTHER
MORTGAGE
BACKED
(continued)
$
2,300,000
JP
Morgan
Chase
Commercial
Mortgage
Securities
Trust
2.870
%
08/15/49
$
2,214,137‌
Series
-
2016
JP3
(Class
A5)
4,700,000
(a)
JPMBB
Commercial
Mortgage
Securities
Trust
4.714
09/15/47
4,653,349‌
Series
-
2014
C23
(Class
B)
1,570,000
JPMBB
Commercial
Mortgage
Securities
Trust
4.106
08/15/48
1,508,904‌
Series
-
2015
C31
(Class
AS)
1,200,000
(a)
JPMBB
Commercial
Mortgage
Securities
Trust
4.777
08/15/48
1,027,043‌
Series
-
2015
C31
(Class
B)
5,000,000
(a)
JPMBB
Commercial
Mortgage
Securities
Trust
4.777
08/15/48
3,935,659‌
Series
-
2015
C31
(Class
C)
2,000,000
(a)
JPMCC
Commercial
Mortgage
Securities
Trust
3.904
03/15/50
1,726,434‌
Series
-
2017
JP5
(Class
C)
1,523,657
(a),(b)
MCR
MORTGAGE
TRUST,
(TSFR1M
+
1.758%)
6.855
02/15/37
1,518,359‌
Series
-
2024
HTL
(Class
A)
3,355,507
(a),(b)
MHC
Commercial
Mortgage
Trust,
(TSFR1M
+
0.915%)
6.012
04/15/38
3,342,313‌
Series
-
2021
MHC
(Class
A)
4,194,383
(a),(b)
MHC
Commercial
Mortgage
Trust,
(TSFR1M
+
1.215%)
6.536
04/15/38
4,173,229‌
Series
-
2021
MHC
(Class
B)
1,258,315
(a),(b)
MHC
Commercial
Mortgage
Trust,
(TSFR1M
+
1.715%)
7.040
04/15/38
1,251,421‌
Series
-
2021
MHC
(Class
D)
1,744,454
(b)
Morgan
Stanley
Bank
of
America
Merrill
Lynch
Trust
3.989
12/15/46
1,717,289‌
Series
-
2014
C19
(Class
LNC1)
5,000,000
(a)
Morgan
Stanley
Bank
of
America
Merrill
Lynch
Trust
4.000
12/15/47
4,937,000‌
Series
-
2014
C19
(Class
B)
2,565,000
(a)
Morgan
Stanley
Capital
I
Trust
3.779
05/15/48
2,536,251‌
Series
-
2015
MS1
(Class
A4)
2,500,000
(b)
MRCD
Mortgage
Trust
2.718
12/15/36
1,714,250‌
Series
-
2019
PARK
(Class
D)
2,500,000
(b)
MRCD
Mortgage
Trust
2.718
12/15/36
1,589,250‌
Series
-
2019
PARK
(Class
E)
3,900,000
(a),(b)
MTN
Commercial
Mortgage
Trust,
(TSFR1M
+
1.397%)
6.497
03/15/39
3,876,947‌
Series
-
2022
LPFL
(Class
A)
6,000,000
(a),(b)
MTN
Commercial
Mortgage
Trust,
(TSFR1M
+
1.896%)
6.996
03/15/39
5,966,136‌
Series
-
2022
LPFL
(Class
B)
8,064,144
(a),(b)
Natixis
Commercial
Mortgage
Securities
Trust,
(TSFR1M
+
1.579%)
5.915
07/15/36
7,283,344‌
Series
-
2019
MILE
(Class
A)
7,500,000
(a),(b)
Natixis
Commercial
Mortgage
Securities
Trust,
(TSFR1M
+
2.279%)
7.376
07/15/36
5,925,571‌
Series
-
2019
MILE
(Class
C)
351,744
(b)
Natixis
Commercial
Mortgage
Securities
Trust
2.966
12/15/38
335,349‌
Series
-
2020
2PAC
(Class
A)
1,300,000
(a),(b)
ONNI
Commerical
Mortgage
Trust
5.753
07/15/39
1,331,556‌
Series
-
2024
APT
(Class
A)
2,000,000
(a),(b)
PKHL
Commercial
Mortgage
Trust,
(TSFR1M
+
2.114%)
7.211
07/15/38
1,597,955‌
Series
-
2021
MF
(Class
D)
2,000,000
(b)
RBS
Commercial
Funding,
Inc
Trust
3.511
03/11/31
1,824,625‌
Series
-
2013
SMV
(Class
B)
2,275,000
(a),(b)
RLGH
Trust,
(LIBOR
1
M
+
1.828%)
1.821
04/15/36
2,243,734‌
Series
-
2021
TROT
(Class
D)
7,886,000
(a),(b)
RLGH
Trust,
(TSFR1M
+
1.279%)
6.376
04/15/36
7,815,005‌
Series
-
2021
TROT
(Class
B)
3,662,709
(a),(b)
SMR
Mortgage
Trust,
(TSFR1M
+
2.400%)
7.497
02/15/39
3,576,997‌
Series
-
2022
IND
(Class
B)
2,031,679
(b)
Verus
Securitization
Trust
3.417
01/25/60
1,987,889‌
Series
-
2020
1
(Class
A1)
6,902,316
(a),(b)
Verus
Securitization
Trust
2.240
10/25/66
5,975,514‌
Series
-
2021
7
(Class
A3)
3,000,000
(a)
WFRBS
Commercial
Mortgage
Trust
4.142
03/15/45
2,687,408‌
Series
-
2013
C11
(Class
C)
Short
Term
Bond
304
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
OTHER
MORTGAGE
BACKED
(continued)
$
2,500,000
(a)
WFRBS
Commercial
Mortgage
Trust
4.204
%
11/15/47
$
2,425,622‌
Series
-
2014
C24
(Class
B)
TOTAL
OTHER
MORTGAGE
BACKED
180,594,258‌
TOTAL
STRUCTURED
ASSETS
(Cost
$372,763,012)
360,933,664‌
TOTAL
LONG-TERM
INVESTMENTS
(Cost
$1,827,972,201)
1,826,180,947‌
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
SHORT-TERM
INVESTMENTS
-
1.8%
GOVERNMENT
AGENCY
DEBT
-
0.9%
12,922,000
Federal
Home
Loan
Bank
(FHLB)
0.000
10/01/24
12,920,331‌
3,463,000
FHLB
0.000
10/23/24
3,452,712‌
TOTAL
GOVERNMENT
AGENCY
DEBT
16,373,043‌
TREASURY
DEBT
-
0.9%
6,250,000
United
States
Treasury
Bill
0.000
10/15/24
6,238,545‌
5,000,000
United
States
Treasury
Bill
0.000
10/29/24
4,981,566‌
5,000,000
United
States
Treasury
Bill
0.000
11/26/24
4,963,610‌
TOTAL
TREASURY
DEBT
16,183,721‌
TOTAL
SHORT-TERM
INVESTMENTS
(Cost
$32,558,073)
32,556,764‌
SHARES
DESCRIPTION
RATE
EXP
VALUE
INVESTMENTS
PURCHASED
WITH
COLLATERAL
FROM
SECURITIES
LENDING
-
0.1%
2,114,578
(d)
State
Street
Navigator
Securities
Lending
Government
Money
Market
Portfolio
5.020
(e)
2,114,578‌
TOTAL
INVESTMENTS
PURCHASED
WITH
COLLATERAL
FROM
SECURITIES
LENDING
(Cost
$2,114,578)
2,114,578‌
TOTAL
INVESTMENTS
-
99.7%
(Cost
$1,862,644,852)
1,860,852,289‌
OTHER
ASSETS
&
LIABILITIES,
NET
-
0.3%
5,979,698‌
NET
ASSETS
-
100.0%
$
1,866,831,987‌
LIBOR
London
Interbank
Offered
Rate
M
Month
REIT
Real
Estate
Investment
Trust
SOFR
Secured
Overnight
Financing
Rate
SOFR30A
30
Day
Average
Secured
Overnight
Financing
Rate
TSFR1M
CME
Term
Secured
Overnight
Financing
Rate
1
Month
(a)
Floating
or
variable
rate
security
includes
the
reference
rate
and
spread,
unless
the
variable
rate
is
based
on
the
underlying
asset
of
the
security.
Coupon
rate
reflects
the
rate
at
period
end.
(b)
Security
is
exempt
from
registration
under
Rule
144A
of
the
Securities
Act
of
1933,
as
amended.
These
securities
are
deemed
liquid
and
may
be
resold
in
transactions
exempt
from
registration,
which
are
normally
those
transactions
with
qualified
institutional
buyers.
As
of
the
end
of
the
reporting
period,
the
aggregate
value
of
these
securities
is
$453,865,139
or
24.4%
of
Total
Investments.
(c)
All
or
a
portion
of
these
securities
are
out
on
loan.
The
aggregate
value
of
securities
on
loan
is
$2,016,999.
(d)
Investments
made
with
cash
collateral
received
from
securities
on
loan.
(e)
The
rate
shown
is
the
one-day
yield
as
of
the
end
of
the
reporting
period.
Futures
Contracts
-
Long
Description
Number
of
Contracts
Expiration
Date
Notional
Amount
Value
Unrealized
Appreciation
(Depreciation)
U.S.
Treasury
2-Year
Note
591‌
12/31/24
 $
122,722,332‌
$
123,071,133‌
$
348,801‌
Portfolio
of
Investments
September
30,
2024
Short
Term
Bond
Index
305
See
Notes
to
Financial
Statements
(Unaudited)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
LONG-TERM
INVESTMENTS
-
99.1%
CORPORATE
BONDS
-
25
.8
%
AUTOMOBILES
&
COMPONENTS
-
1.1%
$
500,000
American
Honda
Finance
Corp
5
.800
%
10/03/25
$
507,290‌
500,000
American
Honda
Finance
Corp
4
.950
01/09/26
504,543‌
500,000
American
Honda
Finance
Corp
4
.750
01/12/26
503,740‌
300,000
American
Honda
Finance
Corp
5
.250
07/07/26
305,720‌
500,000
American
Honda
Finance
Corp
4
.400
10/05/26
503,292‌
1,000,000
American
Honda
Finance
Corp
4
.900
03/12/27
1,019,746‌
750,000
American
Honda
Finance
Corp
4
.900
07/09/27
766,469‌
400,000
BorgWarner,
Inc
2
.650
07/01/27
384,341‌
1,500,000
Ford
Motor
Credit
Co
LLC
3
.375
11/13/25
1,471,360‌
1,500,000
Ford
Motor
Credit
Co
LLC
6
.950
03/06/26
1,535,179‌
1,500,000
Ford
Motor
Credit
Co
LLC
2
.700
08/10/26
1,441,086‌
750,000
Ford
Motor
Credit
Co
LLC
5
.125
11/05/26
753,607‌
1,000,000
Ford
Motor
Credit
Co
LLC
5
.800
03/05/27
1,018,275‌
750,000
Ford
Motor
Credit
Co
LLC
5
.850
05/17/27
763,536‌
200,000
Ford
Motor
Credit
Co
LLC
4
.125
08/17/27
194,801‌
1,000,000
General
Motors
Financial
Co,
Inc
6
.050
10/10/25
1,012,276‌
700,000
General
Motors
Financial
Co,
Inc
5
.400
04/06/26
708,463‌
1,500,000
General
Motors
Financial
Co,
Inc
1
.500
06/10/26
1,426,809‌
300,000
General
Motors
Financial
Co,
Inc
5
.000
04/09/27
303,316‌
1,000,000
General
Motors
Financial
Co,
Inc
5
.400
05/08/27
1,021,159‌
1,000,000
General
Motors
Financial
Co,
Inc
5
.350
07/15/27
1,023,030‌
1,000,000
Honeywell
International,
Inc
4
.650
07/30/27
1,020,083‌
300,000
Magna
International,
Inc
4
.150
10/01/25
299,019‌
500,000
Toyota
Motor
Corp
5
.275
07/13/26
510,929‌
300,000
Toyota
Motor
Credit
Corp
5
.600
09/11/25
303,820‌
500,000
Toyota
Motor
Credit
Corp
5
.400
11/10/25
506,801‌
500,000
Toyota
Motor
Credit
Corp
4
.800
01/05/26
504,655‌
500,000
Toyota
Motor
Credit
Corp
5
.200
05/15/26
509,485‌
1,000,000
Toyota
Motor
Credit
Corp
4
.450
05/18/26
1,007,209‌
250,000
Toyota
Motor
Credit
Corp
4
.550
08/07/26
252,692‌
300,000
Toyota
Motor
Credit
Corp
5
.000
08/14/26
305,438‌
350,000
Toyota
Motor
Credit
Corp
5
.400
11/20/26
360,061‌
1,250,000
Toyota
Motor
Credit
Corp
5
.000
03/19/27
1,281,018‌
TOTAL
AUTOMOBILES
&
COMPONENTS
24,029,248‌
BANKS
-
7.9%
3,000,000
Asian
Development
Bank
3
.125
08/20/27
2,959,527‌
1,000,000
Australia
&
New
Zealand
Banking
Group
Ltd
5
.088
12/08/25
1,011,412‌
500,000
Australia
&
New
Zealand
Banking
Group
Ltd
5
.000
03/18/26
506,334‌
500,000
Australia
&
New
Zealand
Banking
Group
Ltd
4
.750
01/18/27
508,320‌
750,000
Australia
&
New
Zealand
Banking
Group
Ltd
4
.900
07/16/27
769,640‌
500,000
Australia
&
New
Zealand
Banking
Group
Ltd
3
.919
09/30/27
499,167‌
600,000
Banco
Bilbao
Vizcaya
Argentaria
S.A.
5
.862
09/14/26
605,414‌
600,000
Banco
Santander
S.A.
5
.179
11/19/25
600,798‌
400,000
Banco
Santander
S.A.
6
.527
11/07/27
417,349‌
1,000,000
Banco
Santander
S.A.
5
.552
03/14/28
1,021,727‌
800,000
Banco
Santander
S.A.
4
.175
03/24/28
792,358‌
1,400,000
Banco
Santander
S.A.
5
.365
07/15/28
1,432,956‌
1,000,000
Bank
of
,NV
Scotia
5
.400
06/04/27
1,031,181‌
500,000
Bank
of
,NV
Scotia
4
.404
09/08/28
501,711‌
1,250,000
Bank
of
America
Corp
1
.197
10/24/26
1,206,293‌
1,855,000
Bank
of
America
Corp
5
.080
01/20/27
1,870,079‌
1,000,000
Bank
of
America
Corp
1
.658
03/11/27
961,218‌
1,500,000
Bank
of
America
Corp
3
.559
04/23/27
1,481,310‌
1,500,000
Bank
of
America
Corp
1
.734
07/22/27
1,432,033‌
1,000,000
Bank
of
America
Corp
5
.933
09/15/27
1,029,703‌
1,250,000
Bank
of
America
Corp
3
.824
01/20/28
1,236,475‌
750,000
Bank
of
America
Corp
2
.551
02/04/28
720,588‌
750,000
Bank
of
America
Corp
3
.705
04/24/28
739,141‌
Short
Term
Bond
Index
306
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
BANKS
-
7.9%
(continued)
$
1,500,000
Bank
of
America
Corp
4
.376
%
04/27/28
$
1,502,376‌
1,250,000
Bank
of
America
Corp
4
.948
07/22/28
1,271,969‌
1,500,000
Bank
of
America
NA
5
.526
08/18/26
1,540,117‌
500,000
Bank
of
Montreal
5
.300
06/05/26
509,176‌
1,000,000
Bank
of
Montreal
1
.250
09/15/26
946,724‌
500,000
Bank
of
Montreal
5
.266
12/11/26
511,851‌
500,000
Bank
of
Montreal
2
.650
03/08/27
483,510‌
750,000
(a)
Bank
of
Montreal
5
.370
06/04/27
775,690‌
500,000
Bank
of
Montreal
4
.567
09/10/27
503,737‌
1,000,000
Bank
of
Nova
Scotia
4
.750
02/02/26
1,006,598‌
300,000
Bank
of
Nova
Scotia
2
.700
08/03/26
292,396‌
500,000
Bank
of
Nova
Scotia
1
.300
09/15/26
473,636‌
1,000,000
Bank
of
Nova
Scotia
5
.350
12/07/26
1,025,349‌
500,000
Barclays
plc
5
.200
05/12/26
503,120‌
500,000
Barclays
plc
7
.325
11/02/26
513,053‌
1,200,000
Barclays
plc
5
.829
05/09/27
1,222,820‌
1,250,000
Barclays
plc
6
.496
09/13/27
1,294,775‌
1,000,000
Barclays
plc
5
.674
03/12/28
1,027,395‌
275,000
Barclays
plc
4
.837
09/10/28
277,313‌
750,000
Canadian
Imperial
Bank
of
Commerce
5
.926
10/02/26
774,899‌
750,000
Canadian
Imperial
Bank
of
Commerce
3
.450
04/07/27
736,569‌
1,000,000
Canadian
Imperial
Bank
of
Commerce
5
.237
06/28/27
1,027,452‌
500,000
Canadian
Imperial
Bank
of
Commerce
4
.508
09/11/27
502,586‌
1,000,000
CitiBank
NA
5
.438
04/30/26
1,019,421‌
350,000
CitiBank
NA
4
.929
08/06/26
355,157‌
2,500,000
CitiBank
NA
5
.488
12/04/26
2,572,129‌
1,000,000
Citigroup,
Inc
4
.600
03/09/26
1,002,658‌
1,000,000
Citigroup,
Inc
5
.610
09/29/26
1,008,668‌
2,000,000
Citigroup,
Inc
1
.122
01/28/27
1,913,402‌
1,500,000
Citigroup,
Inc
1
.462
06/09/27
1,429,098‌
1,000,000
Citigroup,
Inc
4
.450
09/29/27
1,001,393‌
1,500,000
Citigroup,
Inc
3
.070
02/24/28
1,457,858‌
1,500,000
Citigroup,
Inc
3
.668
07/24/28
1,473,281‌
500,000
Citizens
Bank
NA
3
.750
02/18/26
493,225‌
1,000,000
Commonwealth
Bank
of
Australia
5
.316
03/13/26
1,018,533‌
250,000
Cooperatieve
Rabobank
UA
4
.333
08/28/26
251,592‌
750,000
Cooperatieve
Rabobank
UA
5
.500
10/05/26
771,254‌
1,500,000
Cooperatieve
Rabobank
UA
5
.041
03/05/27
1,534,899‌
500,000
Credit
Suisse
AG.
1
.250
08/07/26
474,563‌
750,000
Credit
Suisse
AG.
5
.000
07/09/27
766,449‌
750,000
Deutsche
Bank
AG.
1
.686
03/19/26
722,491‌
500,000
Deutsche
Bank
AG.
2
.129
11/24/26
484,192‌
650,000
Deutsche
Bank
AG.
7
.146
07/13/27
676,579‌
1,000,000
Deutsche
Bank
AG.
5
.706
02/08/28
1,021,627‌
500,000
Fifth
Third
Bank
NA
5
.852
10/27/25
500,168‌
500,000
Fifth
Third
Bank
NA
3
.850
03/15/26
494,671‌
500,000
Fifth
Third
Bank
NA
2
.250
02/01/27
477,580‌
750,000
FNB
Corp
5
.150
08/25/25
749,705‌
1,500,000
Goldman
Sachs
Bank
USA
5
.283
03/18/27
1,519,378‌
1,000,000
Goldman
Sachs
Bank
USA
5
.414
05/21/27
1,016,187‌
250,000
HSBC
Holdings
plc
4
.180
12/09/25
249,371‌
500,000
HSBC
Holdings
plc
1
.645
04/18/26
490,757‌
1,000,000
HSBC
Holdings
plc
7
.336
11/03/26
1,028,293‌
1,100,000
HSBC
Holdings
plc
5
.887
08/14/27
1,129,852‌
750,000
HSBC
Holdings
plc
4
.041
03/13/28
742,280‌
1,500,000
HSBC
Holdings
plc
5
.597
05/17/28
1,542,099‌
1,200,000
HSBC
Holdings
plc
4
.755
06/09/28
1,208,603‌
1,500,000
HSBC
USA,
Inc
5
.294
03/04/27
1,537,549‌
500,000
Huntington
National
Bank
5
.699
11/18/25
500,036‌
500,000
ING
Groep
NV
3
.950
03/29/27
496,033‌
250,000
ING
Groep
NV
1
.726
04/01/27
239,921‌
450,000
ING
Groep
NV
6
.083
09/11/27
463,837‌
307
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
BANKS
-
7.9%
(continued)
$
500,000
ING
Groep
NV
4
.017
%
03/28/28
$
496,341‌
1,000,000
JPMorgan
Chase
&
Co
1
.045
11/19/26
960,932‌
1,000,000
JPMorgan
Chase
&
Co
3
.960
01/29/27
994,280‌
1,000,000
JPMorgan
Chase
&
Co
1
.040
02/04/27
956,051‌
2,860,000
JPMorgan
Chase
&
Co
1
.578
04/22/27
2,739,792‌
750,000
JPMorgan
Chase
&
Co
1
.470
09/22/27
710,389‌
2,000,000
JPMorgan
Chase
&
Co
6
.070
10/22/27
2,072,803‌
3,000,000
JPMorgan
Chase
&
Co
5
.040
01/23/28
3,050,179‌
2,700,000
JPMorgan
Chase
&
Co
5
.571
04/22/28
2,783,887‌
500,000
JPMorgan
Chase
&
Co
4
.323
04/26/28
500,998‌
750,000
JPMorgan
Chase
&
Co
2
.182
06/01/28
711,190‌
1,500,000
JPMorgan
Chase
&
Co
4
.979
07/22/28
1,529,253‌
1,000,000
JPMorgan
Chase
Bank
NA
5
.110
12/08/26
1,022,485‌
1,000,000
KeyBank
NA
4
.700
01/26/26
1,001,283‌
3,000,000
Kreditanstalt
fuer
Wiederaufbau
3
.125
06/10/25
2,976,981‌
3,500,000
Kreditanstalt
fuer
Wiederaufbau
0
.375
07/18/25
3,397,988‌
1,000,000
Kreditanstalt
fuer
Wiederaufbau
5
.000
03/16/26
1,016,600‌
1,905,000
Kreditanstalt
fuer
Wiederaufbau
3
.625
04/01/26
1,898,936‌
1,500,000
Kreditanstalt
fuer
Wiederaufbau
4
.625
08/07/26
1,523,755‌
1,425,000
Kreditanstalt
fuer
Wiederaufbau
3
.500
08/27/27
1,418,811‌
650,000
Kreditanstalt
fuer
Wiederaufbau
4
.000
03/15/29
660,166‌
250,000
Lloyds
Banking
Group
plc
4
.650
03/24/26
249,504‌
800,000
Lloyds
Banking
Group
plc
1
.627
05/11/27
764,402‌
750,000
Lloyds
Banking
Group
plc
5
.985
08/07/27
769,802‌
800,000
Lloyds
Banking
Group
plc
5
.462
01/05/28
817,925‌
1,000,000
Manufacturers
&
Traders
Trust
Co
4
.650
01/27/26
999,199‌
300,000
Mitsubishi
UFJ
Financial
Group,
Inc
3
.850
03/01/26
298,168‌
750,000
Mitsubishi
UFJ
Financial
Group,
Inc
3
.837
04/17/26
745,641‌
500,000
Mitsubishi
UFJ
Financial
Group,
Inc
1
.538
07/20/27
475,988‌
750,000
Mitsubishi
UFJ
Financial
Group,
Inc
1
.640
10/13/27
711,216‌
500,000
Mitsubishi
UFJ
Financial
Group,
Inc
2
.341
01/19/28
478,470‌
500,000
Mitsubishi
UFJ
Financial
Group,
Inc
4
.080
04/19/28
497,263‌
750,000
Mitsubishi
UFJ
Financial
Group,
Inc
5
.017
07/20/28
765,299‌
1,000,000
Mitsubishi
UFJ
Financial
Group,
Inc
5
.354
09/13/28
1,029,841‌
500,000
Mizuho
Financial
Group,
Inc
3
.663
02/28/27
493,062‌
200,000
Mizuho
Financial
Group,
Inc
1
.234
05/22/27
190,011‌
300,000
Mizuho
Financial
Group,
Inc
1
.554
07/09/27
285,411‌
1,000,000
Mizuho
Financial
Group,
Inc
5
.414
09/13/28
1,030,951‌
1,000,000
Morgan
Stanley
Bank
NA
5
.882
10/30/26
1,036,032‌
1,500,000
Morgan
Stanley
Bank
NA
4
.952
01/14/28
1,522,622‌
850,000
Morgan
Stanley
Bank
NA
5
.504
05/26/28
876,794‌
1,000,000
Morgan
Stanley
Bank
NA
4
.968
07/14/28
1,020,292‌
250,000
National
Australia
Bank
Ltd
4
.750
12/10/25
251,716‌
500,000
National
Australia
Bank
Ltd
4
.966
01/12/26
505,377‌
1,000,000
National
Australia
Bank
Ltd
5
.087
06/11/27
1,027,708‌
500,000
National
Bank
of
Canada
5
.600
07/02/27
510,182‌
500,000
NatWest
Group
plc
7
.472
11/10/26
514,723‌
1,000,000
NatWest
Group
plc
5
.847
03/02/27
1,017,756‌
1,000,000
NatWest
Group
plc
5
.583
03/01/28
1,025,791‌
1,000,000
PNC
Financial
Services
Group,
Inc
4
.758
01/26/27
1,003,623‌
500,000
PNC
Financial
Services
Group,
Inc
5
.102
07/23/27
507,174‌
500,000
PNC
Financial
Services
Group,
Inc
6
.615
10/20/27
522,536‌
1,000,000
PNC
Financial
Services
Group,
Inc
5
.300
01/21/28
1,023,339‌
250,000
Royal
Bank
of
Canada
4
.875
01/12/26
252,402‌
500,000
Royal
Bank
of
Canada
0
.875
01/20/26
479,745‌
300,000
Royal
Bank
of
Canada
1
.200
04/27/26
287,078‌
750,000
Royal
Bank
of
Canada
5
.200
07/20/26
765,813‌
400,000
Royal
Bank
of
Canada
1
.400
11/02/26
379,143‌
1,250,000
Royal
Bank
of
Canada
4
.875
01/19/27
1,273,360‌
1,000,000
Royal
Bank
of
Canada
5
.069
07/23/27
1,015,267‌
500,000
Royal
Bank
of
Canada
4
.240
08/03/27
503,072‌
425,000
Santander
Holdings
USA,
Inc
5
.807
09/09/26
427,341‌
Short
Term
Bond
Index
308
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
BANKS
-
7.9%
(continued)
$
150,000
Santander
Holdings
USA,
Inc
3
.244
%
10/05/26
$
145,936‌
500,000
Santander
Holdings
USA,
Inc
6
.124
05/31/27
510,739‌
500,000
Santander
Holdings
USA,
Inc
2
.490
01/06/28
473,941‌
750,000
Santander
UK
Group
Holdings
plc
6
.833
11/21/26
765,689‌
300,000
Santander
UK
Group
Holdings
plc
1
.673
06/14/27
285,363‌
500,000
Santander
UK
Group
Holdings
plc
2
.469
01/11/28
476,302‌
500,000
Sumitomo
Mitsui
Financial
Group,
Inc
0
.948
01/12/26
478,961‌
1,500,000
Sumitomo
Mitsui
Financial
Group,
Inc
5
.464
01/13/26
1,521,235‌
500,000
Sumitomo
Mitsui
Financial
Group,
Inc
5
.880
07/13/26
514,096‌
1,500,000
Sumitomo
Mitsui
Financial
Group,
Inc
1
.402
09/17/26
1,421,643‌
500,000
Sumitomo
Mitsui
Financial
Group,
Inc
3
.446
01/11/27
492,221‌
500,000
Sumitomo
Mitsui
Financial
Group,
Inc
2
.174
01/14/27
477,730‌
500,000
Synovus
Financial
Corp
5
.200
08/11/25
500,211‌
500,000
Toronto-Dominion
Bank
5
.103
01/09/26
505,430‌
500,000
Toronto-Dominion
Bank
5
.532
07/17/26
512,825‌
1,050,000
Toronto-Dominion
Bank
1
.250
09/10/26
996,189‌
775,000
Toronto-Dominion
Bank
5
.264
12/11/26
794,267‌
1,000,000
(a)
Toronto-Dominion
Bank
4
.980
04/05/27
1,020,352‌
1,000,000
Toronto-Dominion
Bank
4
.693
09/15/27
1,015,868‌
300,000
Toronto-Dominion
Bank
3
.625
09/15/31
294,387‌
500,000
Truist
Bank
3
.300
05/15/26
490,947‌
1,000,000
Truist
Bank
4
.632
09/17/29
994,568‌
750,000
Truist
Financial
Corp
5
.900
10/28/26
759,642‌
500,000
Truist
Financial
Corp
1
.267
03/02/27
476,783‌
750,000
Truist
Financial
Corp
6
.047
06/08/27
769,606‌
500,000
Truist
Financial
Corp
4
.123
06/06/28
496,398‌
400,000
US
Bancorp
2
.375
07/22/26
389,156‌
1,200,000
US
Bancorp
5
.727
10/21/26
1,214,893‌
1,500,000
US
Bancorp
6
.787
10/26/27
1,575,263‌
700,000
US
Bancorp
4
.548
07/22/28
705,520‌
1,670,000
Wells
Fargo
&
Co
3
.000
04/22/26
1,640,619‌
1,000,000
Wells
Fargo
&
Co
3
.000
10/23/26
977,358‌
1,300,000
Wells
Fargo
&
Co
3
.196
06/17/27
1,274,996‌
1,000,000
Wells
Fargo
&
Co
3
.526
03/24/28
981,064‌
1,500,000
Wells
Fargo
&
Co
5
.707
04/22/28
1,548,885‌
2,750,000
Wells
Fargo
&
Co
3
.584
05/22/28
2,696,673‌
1,000,000
Wells
Fargo
&
Co
2
.393
06/02/28
950,817‌
2,000,000
Wells
Fargo
Bank
NA
4
.811
01/15/26
2,015,212‌
700,000
Wells
Fargo
Bank
NA
5
.450
08/07/26
716,715‌
1,000,000
Wells
Fargo
Bank
NA
5
.254
12/11/26
1,025,055‌
750,000
Westpac
Banking
Corp
5
.200
04/16/26
763,269‌
1,000,000
Westpac
Banking
Corp
1
.150
06/03/26
954,089‌
300,000
Westpac
Banking
Corp
2
.700
08/19/26
293,100‌
300,000
Westpac
Banking
Corp
4
.043
08/26/27
300,974‌
500,000
Westpac
Banking
Corp
4
.322
11/23/31
496,455‌
TOTAL
BANKS
176,378,215‌
CAPITAL
GOODS
-
1.4%
200,000
3M
Co
2
.250
09/19/26
192,698‌
750,000
AGCO
Corp
5
.450
03/21/27
765,246‌
500,000
Air
Lease
Corp
2
.875
01/15/26
489,733‌
750,000
Air
Lease
Corp
5
.300
06/25/26
762,127‌
750,000
Air
Lease
Corp
1
.875
08/15/26
716,119‌
300,000
Air
Lease
Corp
2
.200
01/15/27
285,679‌
100,000
Aircastle
Ltd
4
.250
06/15/26
99,266‌
300,000
Boeing
Co
2
.600
10/30/25
291,692‌
500,000
Boeing
Co
2
.750
02/01/26
485,285‌
1,500,000
Boeing
Co
2
.196
02/04/26
1,444,483‌
1,050,000
Boeing
Co
3
.100
05/01/26
1,017,878‌
500,000
Boeing
Co
2
.700
02/01/27
474,281‌
1,000,000
(b)
Boeing
Co
6
.259
05/01/27
1,032,918‌
700,000
Carrier
Global
Corp
2
.493
02/15/27
676,433‌
500,000
Caterpillar
Financial
Services
Corp
5
.050
02/27/26
507,506‌
309
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
CAPITAL
GOODS
-
1.4%
(continued)
$
500,000
Caterpillar
Financial
Services
Corp
4
.350
%
05/15/26
$
502,916‌
300,000
Caterpillar
Financial
Services
Corp
4
.500
01/08/27
304,196‌
1,000,000
Caterpillar
Financial
Services
Corp
5
.000
05/14/27
1,027,718‌
1,000,000
Caterpillar
Financial
Services
Corp
4
.400
10/15/27
1,013,240‌
500,000
CNH
Industrial
Capital
LLC
5
.450
10/14/25
504,687‌
500,000
Emerson
Electric
Co
0
.875
10/15/26
470,786‌
200,000
GATX
Corp
3
.250
09/15/26
195,611‌
1,000,000
GATX
Corp
5
.400
03/15/27
1,026,502‌
500,000
General
Dynamics
Corp
1
.150
06/01/26
478,108‌
400,000
General
Dynamics
Corp
3
.500
04/01/27
396,137‌
300,000
Honeywell
International,
Inc
2
.500
11/01/26
292,221‌
600,000
Honeywell
International,
Inc
1
.100
03/01/27
562,007‌
400,000
Howmet
Aerospace,
Inc
5
.900
02/01/27
414,485‌
300,000
Illinois
Tool
Works,
Inc
2
.650
11/15/26
293,026‌
750,000
Ingersoll
Rand,
Inc
5
.197
06/15/27
768,747‌
300,000
John
Deere
Capital
Corp
4
.800
01/09/26
302,760‌
500,000
John
Deere
Capital
Corp
5
.050
03/03/26
507,268‌
750,000
John
Deere
Capital
Corp
4
.750
06/08/26
760,534‌
500,000
John
Deere
Capital
Corp
4
.500
01/08/27
506,437‌
750,000
John
Deere
Capital
Corp
4
.850
03/05/27
765,328‌
1,000,000
John
Deere
Capital
Corp
4
.900
06/11/27
1,025,007‌
750,000
John
Deere
Capital
Corp
4
.200
07/15/27
756,170‌
800,000
L3Harris
Technologies,
Inc
5
.400
01/15/27
821,096‌
500,000
Lockheed
Martin
Corp
4
.950
10/15/25
503,560‌
250,000
Northrop
Grumman
Corp
3
.200
02/01/27
245,005‌
200,000
Otis
Worldwide
Corp
2
.293
04/05/27
191,217‌
125,000
Owens
Corning
5
.500
06/15/27
129,057‌
300,000
PACCAR
Financial
Corp
4
.950
10/03/25
302,237‌
500,000
PACCAR
Financial
Corp
5
.050
08/10/26
510,335‌
500,000
PACCAR
Financial
Corp
5
.200
11/09/26
513,702‌
750,000
PACCAR
Financial
Corp
5
.000
05/13/27
770,242‌
200,000
PACCAR
Financial
Corp
4
.450
08/06/27
203,148‌
300,000
Parker-Hannifin
Corp
3
.250
03/01/27
293,687‌
750,000
Quanta
Services,
Inc
0
.950
10/01/24
750,000‌
300,000
Quanta
Services,
Inc
4
.750
08/09/27
303,179‌
550,000
Raytheon
Technologies
Corp
5
.000
02/27/26
555,325‌
1,000,000
Raytheon
Technologies
Corp
5
.750
11/08/26
1,030,929‌
500,000
Regal
Rexnord
Corp
6
.050
02/15/26
507,714‌
200,000
Textron,
Inc
4
.000
03/15/26
198,926‌
200,000
Textron,
Inc
3
.650
03/15/27
196,883‌
250,000
Trane
Technologies
Luxembourg
Finance
S.A.
3
.500
03/21/26
247,131‌
1,000,000
Tyco
Electronics
Group
S.A.
4
.500
02/13/26
1,005,247‌
300,000
Westinghouse
Air
Brake
Technologies
Corp
3
.450
11/15/26
294,727‌
200,000
Xylem,
Inc
3
.250
11/01/26
195,908‌
TOTAL
CAPITAL
GOODS
31,884,490‌
COMMERCIAL
&
PROFESSIONAL
SERVICES
-
0.3%
350,000
Automatic
Data
Processing,
Inc
3
.375
09/15/25
347,480‌
200,000
Broadridge
Financial
Solutions,
Inc
3
.400
06/27/26
196,884‌
500,000
Concentrix
Corp
6
.650
08/02/26
513,700‌
750,000
Corp
Andina
de
Fomento
4
.125
01/07/28
753,292‌
350,000
Equifax,
Inc
2
.600
12/15/25
342,127‌
595,000
International
Bank
for
Reconstruction
&
Development
4
.000
08/27/26
598,147‌
500,000
International
Bank
for
Reconstruction
&
Development
3
.125
06/15/27
493,557‌
1,000,000
Mastercard,
Inc
4
.100
01/15/28
1,007,474‌
400,000
Republic
Services,
Inc
2
.900
07/01/26
391,834‌
200,000
Thomson
Reuters
Corp
3
.350
05/15/26
196,891‌
250,000
Waste
Management,
Inc
0
.750
11/15/25
240,528‌
1,000,000
Waste
Management,
Inc
4
.950
07/03/27
1,026,941‌
TOTAL
COMMERCIAL
&
PROFESSIONAL
SERVICES
6,108,855‌
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
-
0.5%
1,000,000
Amazon.com,
Inc
4
.600
12/01/25
1,006,717‌
1,250,000
Amazon.com,
Inc
1
.000
05/12/26
1,195,144‌
Short
Term
Bond
Index
310
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
-
0.5%
(continued)
$
500,000
Amazon.com,
Inc
3
.300
%
04/13/27
$
493,614‌
1,500,000
Amazon.com,
Inc
1
.200
06/03/27
1,401,608‌
500,000
AutoZone,
Inc
5
.050
07/15/26
507,436‌
500,000
eBay,
Inc
5
.900
11/22/25
507,324‌
350,000
eBay,
Inc
1
.400
05/10/26
334,713‌
500,000
Home
Depot,
Inc
5
.150
06/25/26
510,254‌
750,000
Home
Depot,
Inc
4
.950
09/30/26
764,820‌
200,000
Home
Depot,
Inc
2
.875
04/15/27
195,293‌
1,000,000
Home
Depot,
Inc
4
.875
06/25/27
1,025,979‌
500,000
Lowe's
Cos,
Inc
3
.375
09/15/25
495,245‌
800,000
Lowe's
Cos,
Inc
4
.800
04/01/26
806,399‌
400,000
Lowe's
Cos,
Inc
3
.350
04/01/27
392,706‌
500,000
Lowe's
Cos,
Inc
3
.100
05/03/27
487,540‌
350,000
O'Reilly
Automotive,
Inc
5
.750
11/20/26
360,820‌
400,000
Ross
Stores,
Inc
0
.875
04/15/26
379,503‌
300,000
TJX
Cos,
Inc
2
.250
09/15/26
290,359‌
TOTAL
CONSUMER
DISCRETIONARY
DISTRIBUTION
&
RETAIL
11,155,474‌
CONSUMER
DURABLES
&
APPAREL
-
0.1%
300,000
DR
Horton,
Inc
2
.600
10/15/25
294,119‌
200,000
DR
Horton,
Inc
1
.300
10/15/26
189,206‌
200,000
Hasbro,
Inc
3
.550
11/19/26
196,047‌
750,000
NIKE,
Inc
2
.750
03/27/27
730,927‌
128,000
PulteGroup,
Inc
5
.000
01/15/27
129,757‌
200,000
PVH
Corp
4
.625
07/10/25
199,230‌
750,000
Tapestry,
Inc
7
.000
11/27/26
775,971‌
200,000
Toll
Brothers
Finance
Corp
4
.875
03/15/27
201,356‌
200,000
VF
Corp
2
.800
04/23/27
189,655‌
TOTAL
CONSUMER
DURABLES
&
APPAREL
2,906,268‌
CONSUMER
SERVICES
-
0.3%
400,000
Booking
Holdings,
Inc
3
.600
06/01/26
397,423‌
750,000
Darden
Restaurants,
Inc
4
.350
10/15/27
750,000‌
500,000
Expedia
Group,
Inc
4
.625
08/01/27
503,911‌
500,000
Hyatt
Hotels
Corp
5
.750
01/30/27
512,242‌
500,000
Las
Vegas
Sands
Corp
5
.900
06/01/27
513,455‌
800,000
Marriott
International,
Inc
5
.450
09/15/26
819,626‌
300,000
McDonald's
Corp
1
.450
09/01/25
292,074‌
500,000
McDonald's
Corp
3
.700
01/30/26
497,007‌
300,000
McDonald's
Corp
3
.500
03/01/27
296,371‌
400,000
McDonald's
Corp
3
.500
07/01/27
394,441‌
500,000
Sands
China
Ltd
2
.300
03/08/27
467,977‌
1,000,000
Starbucks
Corp
4
.750
02/15/26
1,007,170‌
750,000
Starbucks
Corp
4
.850
02/08/27
761,917‌
TOTAL
CONSUMER
SERVICES
7,213,614‌
CONSUMER
STAPLES
DISTRIBUTION
&
RETAIL
-
0.3%
800,000
Costco
Wholesale
Corp
1
.375
06/20/27
750,420‌
300,000
Dollar
General
Corp
3
.875
04/15/27
296,033‌
300,000
Kroger
Co
3
.500
02/01/26
296,368‌
750,000
Kroger
Co
4
.700
08/15/26
754,855‌
100,000
Kroger
Co
2
.650
10/15/26
97,055‌
750,000
Kroger
Co
4
.600
08/15/27
756,448‌
600,000
SYSCO
Corp
3
.300
07/15/26
590,165‌
800,000
Target
Corp
1
.950
01/15/27
768,476‌
1,500,000
Walmart,
Inc
4
.000
04/15/26
1,504,274‌
TOTAL
CONSUMER
STAPLES
DISTRIBUTION
&
RETAIL
5,814,094‌
ENERGY
-
1.4%
350,000
(b)
6297782
LLC
4
.911
09/01/27
352,675‌
250,000
Baker
Hughes
Holdings
LLC
2
.061
12/15/26
239,686‌
500,000
Boardwalk
Pipelines
LP
5
.950
06/01/26
509,085‌
1,355,000
BP
Capital
Markets
America,
Inc
3
.410
02/11/26
1,343,696‌
450,000
BP
Capital
Markets
America,
Inc
3
.543
04/06/27
444,606‌
200,000
BP
Capital
Markets
plc
3
.279
09/19/27
196,029‌
500,000
Canadian
Natural
Resources
Ltd
3
.850
06/01/27
493,075‌
311
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
ENERGY
-
1.4%
(continued)
$
400,000
Cheniere
Corpus
Christi
Holdings
LLC
5
.125
%
06/30/27
$
406,629‌
1,000,000
Chevron
Corp
3
.326
11/17/25
991,663‌
200,000
Chevron
Corp
2
.954
05/16/26
197,070‌
200,000
Chevron
Corp
1
.995
05/11/27
191,065‌
300,000
Chevron
USA,
Inc
1
.018
08/12/27
277,403‌
250,000
Coterra
Energy,
Inc
3
.900
05/15/27
246,292‌
1,000,000
Diamondback
Energy,
Inc
5
.200
04/18/27
1,020,596‌
1,000,000
Enbridge,
Inc
5
.900
11/15/26
1,032,667‌
300,000
Enbridge,
Inc
5
.250
04/05/27
307,160‌
500,000
Energy
Transfer
LP
3
.900
07/15/26
495,292‌
500,000
Energy
Transfer
LP
6
.050
12/01/26
517,531‌
350,000
Energy
Transfer
LP
4
.400
03/15/27
350,557‌
500,000
Energy
Transfer
Operating
LP
5
.500
06/01/27
512,785‌
700,000
Enterprise
Products
Operating
LLC
5
.050
01/10/26
707,895‌
115,000
Enterprise
Products
Operating
LLC
3
.700
02/15/26
114,363‌
500,000
Enterprise
Products
Operating
LLC
4
.600
01/11/27
506,399‌
500,000
Enterprise
Products
Operating
LLC
5
.250
08/16/77
493,198‌
300,000
EOG
Resources,
Inc
4
.150
01/15/26
300,002‌
775,000
Equinor
ASA
1
.750
01/22/26
752,540‌
2,005,000
Exxon
Mobil
Corp
3
.043
03/01/26
1,980,569‌
500,000
(b)
Helmerich
&
Payne,
Inc
4
.650
12/01/27
501,039‌
350,000
Hess
Corp
4
.300
04/01/27
349,917‌
100,000
HF
Sinclair
Corp
5
.875
04/01/26
101,414‌
400,000
Kinder
Morgan,
Inc
1
.750
11/15/26
380,150‌
300,000
Marathon
Oil
Corp
4
.400
07/15/27
300,363‌
250,000
Marathon
Petroleum
Corp
5
.125
12/15/26
253,925‌
800,000
MPLX
LP
1
.750
03/01/26
770,415‌
250,000
MPLX
LP
4
.125
03/01/27
248,686‌
300,000
Occidental
Petroleum
Corp
5
.500
12/01/25
301,258‌
250,000
Occidental
Petroleum
Corp
5
.550
03/15/26
252,845‌
1,000,000
Occidental
Petroleum
Corp
5
.000
08/01/27
1,013,762‌
500,000
ONEOK,
Inc
5
.850
01/15/26
507,582‌
195,000
ONEOK,
Inc
5
.000
03/01/26
195,889‌
500,000
ONEOK,
Inc
5
.550
11/01/26
511,331‌
500,000
ONEOK,
Inc
4
.250
09/24/27
500,478‌
750,000
Phillips
66
1
.300
02/15/26
720,537‌
500,000
Pioneer
Natural
Resources
Co
1
.125
01/15/26
480,802‌
275,000
Pioneer
Natural
Resources
Co
5
.100
03/29/26
278,879‌
400,000
Plains
All
American
Pipeline
LP
4
.650
10/15/25
399,364‌
300,000
Plains
All
American
Pipeline
LP
4
.500
12/15/26
300,170‌
500,000
Sabine
Pass
Liquefaction
LLC
5
.875
06/30/26
508,168‌
600,000
Sabine
Pass
Liquefaction
LLC
5
.000
03/15/27
607,788‌
750,000
Schlumberger
Finance
Canada
Ltd
1
.400
09/17/25
730,070‌
850,000
Shell
International
Finance
BV
2
.500
09/12/26
824,481‌
500,000
Targa
Resources
Corp
5
.200
07/01/27
511,456‌
200,000
TC
PipeLines
LP
3
.900
05/25/27
196,949‌
300,000
TransCanada
PipeLines
Ltd
4
.875
01/15/26
301,297‌
200,000
Valero
Energy
Corp
3
.400
09/15/26
196,550‌
500,000
Veralto
Corp
5
.500
09/18/26
511,191‌
500,000
Western
Gas
Partners
LP
4
.650
07/01/26
500,063‌
1,375,000
Williams
Cos,
Inc
5
.400
03/02/26
1,392,827‌
300,000
Williams
Cos,
Inc
3
.750
06/15/27
295,580‌
TOTAL
ENERGY
29,925,754‌
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
-
0.8%
250,000
Alexandria
Real
Estate
Equities,
Inc
3
.800
04/15/26
247,936‌
500,000
American
Tower
Corp
1
.300
09/15/25
484,303‌
500,000
American
Tower
Corp
1
.600
04/15/26
479,060‌
500,000
American
Tower
Corp
3
.375
10/15/26
491,331‌
400,000
American
Tower
Corp
3
.125
01/15/27
389,358‌
200,000
American
Tower
Corp
3
.650
03/15/27
196,942‌
100,000
AvalonBay
Communities,
Inc
2
.950
05/11/26
98,032‌
200,000
AvalonBay
Communities,
Inc
2
.900
10/15/26
195,360‌
Short
Term
Bond
Index
312
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
-
0.8%
(continued)
$
500,000
Boston
Properties
LP
3
.650
%
02/01/26
$
492,565‌
300,000
Brixmor
Operating
Partnership
LP
4
.125
06/15/26
298,296‌
500,000
Camden
Property
Trust
5
.850
11/03/26
517,239‌
140,000
Crown
Castle,
Inc
4
.450
02/15/26
139,911‌
850,000
Crown
Castle,
Inc
1
.050
07/15/26
801,759‌
800,000
Crown
Castle,
Inc
2
.900
03/15/27
773,937‌
200,000
CubeSmart
LP
3
.125
09/01/26
195,068‌
350,000
Digital
Realty
Trust
LP
3
.700
08/15/27
345,070‌
100,000
EPR
Properties
4
.750
12/15/26
99,604‌
400,000
Equinix,
Inc
1
.250
07/15/25
388,855‌
500,000
Equinix,
Inc
1
.450
05/15/26
477,654‌
200,000
Equinix,
Inc
1
.800
07/15/27
187,539‌
200,000
ERP
Operating
LP
3
.375
06/01/25
198,246‌
100,000
ERP
Operating
LP
2
.850
11/01/26
97,483‌
350,000
Essex
Portfolio
LP
3
.625
05/01/27
344,236‌
200,000
Extra
Space
Storage
LP
3
.500
07/01/26
197,377‌
200,000
Federal
Realty
OP
LP
1
.250
02/15/26
191,275‌
200,000
Healthcare
Realty
Holdings
LP
3
.500
08/01/26
196,575‌
300,000
Healthcare
Realty
Holdings
LP
3
.750
07/01/27
293,812‌
450,000
Healthpeak
OP
LLC
3
.250
07/15/26
442,257‌
250,000
Healthpeak
OP
LLC
1
.350
02/01/27
233,827‌
500,000
Kilroy
Realty
LP
4
.375
10/01/25
497,299‌
300,000
Kimco
Realty
OP
LLC
2
.800
10/01/26
291,083‌
200,000
Kite
Realty
Group
LP
4
.000
10/01/26
197,273‌
500,000
Mid-America
Apartments
LP
4
.000
11/15/25
497,370‌
200,000
Mid-America
Apartments
LP
3
.600
06/01/27
197,337‌
250,000
National
Retail
Properties,
Inc
3
.600
12/15/26
246,805‌
500,000
OMEGA
Healthcare
Investors,
Inc
5
.250
01/15/26
501,843‌
200,000
OMEGA
Healthcare
Investors,
Inc
4
.500
04/01/27
199,006‌
150,000
Prologis
LP
3
.250
10/01/26
147,689‌
350,000
Prologis
LP
2
.125
04/15/27
333,721‌
350,000
Public
Storage
1
.500
11/09/26
332,199‌
500,000
Realty
Income
Corp
4
.625
11/01/25
501,331‌
250,000
Realty
Income
Corp
5
.050
01/13/26
250,033‌
100,000
Realty
Income
Corp
4
.450
09/15/26
100,146‌
300,000
Realty
Income
Corp
3
.000
01/15/27
292,086‌
300,000
Realty
Income
Corp
3
.950
08/15/27
298,164‌
200,000
Regency
Centers
LP
3
.600
02/01/27
196,782‌
150,000
Sabra
Health
Care
LP
5
.125
08/15/26
150,856‌
600,000
Simon
Property
Group
LP
3
.300
01/15/26
592,950‌
500,000
(a)
Simon
Property
Group
LP
1
.375
01/15/27
470,652‌
500,000
Simon
Property
Group
LP
3
.375
06/15/27
492,105‌
100,000
UDR,
Inc
2
.950
09/01/26
97,016‌
150,000
Ventas
Realty
LP
3
.250
10/15/26
146,505‌
350,000
Ventas
Realty
LP
3
.850
04/01/27
345,508‌
200,000
Welltower
OP
LLC
4
.250
04/01/26
199,705‌
200,000
Welltower
OP
LLC
2
.700
02/15/27
194,209‌
500,000
Weyerhaeuser
Co
4
.750
05/15/26
503,174‌
250,000
WP
Carey,
Inc
4
.250
10/01/26
249,016‌
TOTAL
EQUITY
REAL
ESTATE
INVESTMENT
TRUSTS
(REITS)
18,016,770‌
FINANCIAL
SERVICES
-
3.4%
500,000
AerCap
Ireland
Capital
DAC
1
.650
10/29/24
498,599‌
800,000
AerCap
Ireland
Capital
DAC
1
.750
01/30/26
770,525‌
750,000
AerCap
Ireland
Capital
DAC
2
.450
10/29/26
720,223‌
500,000
AerCap
Ireland
Capital
DAC
6
.100
01/15/27
517,729‌
750,000
AerCap
Ireland
Capital
DAC
6
.450
04/15/27
785,695‌
1,000,000
American
Express
Co
4
.900
02/13/26
1,008,488‌
500,000
American
Express
Co
1
.650
11/04/26
475,494‌
500,000
American
Express
Co
2
.550
03/04/27
482,695‌
1,000,000
American
Express
Co
5
.645
04/23/27
1,019,240‌
500,000
American
Express
Co
5
.389
07/28/27
509,988‌
1,000,000
American
Express
Co
5
.098
02/16/28
1,019,180‌
313
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
FINANCIAL
SERVICES
-
3.4%
(continued)
$
1,000,000
American
Express
Co
5
.043
%
07/26/28
$
1,021,729‌
300,000
Ameriprise
Financial,
Inc
2
.875
09/15/26
293,534‌
500,000
Ares
Capital
Corp
3
.875
01/15/26
492,717‌
650,000
Ares
Capital
Corp
7
.000
01/15/27
676,591‌
100,000
Bain
Capital
Specialty
Finance,
Inc
2
.550
10/13/26
94,881‌
500,000
Bank
of
New
York
Mellon
Corp
2
.450
08/17/26
486,700‌
1,150,000
Bank
of
New
York
Mellon
Corp
4
.947
04/26/27
1,161,132‌
750,000
Bank
of
New
York
Mellon
Corp
3
.442
02/07/28
738,263‌
1,000,000
Bank
of
New
York
Mellon
Corp
4
.890
07/21/28
1,018,497‌
100,000
Barings
BDC,
Inc
3
.300
11/23/26
95,398‌
750,000
Berkshire
Hathaway,
Inc
3
.125
03/15/26
740,912‌
500,000
BlackRock
Funding,
Inc
4
.600
07/26/27
509,724‌
250,000
BlackRock,
Inc
3
.200
03/15/27
246,386‌
500,000
Blackstone
Private
Credit
Fund
2
.700
01/15/25
496,210‌
350,000
Blackstone
Private
Credit
Fund
7
.050
09/29/25
356,571‌
300,000
Blackstone
Private
Credit
Fund
2
.625
12/15/26
283,665‌
750,000
(b)
Blackstone
Private
Credit
Fund
4
.950
09/26/27
743,285‌
400,000
Blackstone
Secured
Lending
Fund
2
.750
09/16/26
382,226‌
300,000
Blackstone
Secured
Lending
Fund
2
.125
02/15/27
279,588‌
500,000
Blue
Owl
Capital
Corp
3
.750
07/22/25
494,085‌
450,000
Blue
Owl
Capital
Corp
3
.400
07/15/26
435,651‌
150,000
Blue
Owl
Capital
Corp
2
.625
01/15/27
141,563‌
150,000
(b)
Blue
Owl
Capital
Corp
II
8
.450
11/15/26
157,494‌
200,000
Blue
Owl
Credit
Income
Corp
4
.700
02/08/27
196,240‌
250,000
Brookfield
Finance,
Inc
4
.250
06/02/26
249,794‌
550,000
Capital
One
Financial
Corp
3
.750
07/28/26
542,363‌
1,000,000
Capital
One
Financial
Corp
3
.750
03/09/27
987,295‌
850,000
Capital
One
Financial
Corp
7
.149
10/29/27
895,929‌
500,000
Capital
One
Financial
Corp
4
.927
05/10/28
505,977‌
250,000
Cboe
Global
Markets,
Inc
3
.650
01/12/27
247,291‌
500,000
Charles
Schwab
Corp
1
.150
05/13/26
476,604‌
750,000
Charles
Schwab
Corp
5
.875
08/24/26
771,690‌
500,000
Charles
Schwab
Corp
2
.450
03/03/27
480,191‌
500,000
Corebridge
Financial,
Inc
3
.500
04/04/25
496,264‌
300,000
Corebridge
Financial,
Inc
3
.650
04/05/27
295,125‌
250,000
Discover
Bank
5
.974
08/09/28
258,155‌
500,000
Discover
Financial
Services
4
.500
01/30/26
499,378‌
700,000
Fiserv,
Inc
3
.200
07/01/26
687,124‌
750,000
Fiserv,
Inc
5
.150
03/15/27
766,848‌
200,000
FS
KKR
Capital
Corp
3
.400
01/15/26
194,978‌
900,000
Global
Payments,
Inc
1
.200
03/01/26
860,133‌
275,000
Global
Payments,
Inc
4
.950
08/15/27
279,525‌
250,000
Goldman
Sachs
BDC,
Inc
2
.875
01/15/26
243,764‌
300,000
Goldman
Sachs
BDC,
Inc
6
.375
03/11/27
309,224‌
500,000
Goldman
Sachs
Group,
Inc
3
.750
02/25/26
496,779‌
1,250,000
Goldman
Sachs
Group,
Inc
1
.093
12/09/26
1,198,979‌
1,500,000
Goldman
Sachs
Group,
Inc
1
.431
03/09/27
1,434,773‌
1,750,000
Goldman
Sachs
Group,
Inc
1
.542
09/10/27
1,658,501‌
2,000,000
Goldman
Sachs
Group,
Inc
1
.948
10/21/27
1,906,627‌
1,500,000
Goldman
Sachs
Group,
Inc
2
.640
02/24/28
1,441,781‌
1,500,000
Goldman
Sachs
Group,
Inc
3
.615
03/15/28
1,475,758‌
1,000,000
Goldman
Sachs
Group,
Inc
3
.691
06/05/28
984,170‌
500,000
Goldman
Sachs
Group,
Inc
4
.482
08/23/28
502,643‌
200,000
Golub
Capital
BDC,
Inc
2
.500
08/24/26
189,676‌
100,000
Hercules
Capital,
Inc
2
.625
09/16/26
94,502‌
200,000
Hercules
Capital,
Inc
3
.375
01/20/27
190,413‌
500,000
Invesco
Finance
plc
3
.750
01/15/26
496,113‌
500,000
Jefferies
Financial
Group,
Inc
4
.850
01/15/27
506,157‌
2,400,000
Kreditanstalt
fuer
Wiederaufbau
4
.375
03/01/27
2,440,133‌
300,000
LPL
Holdings,
Inc
5
.700
05/20/27
306,626‌
200,000
Main
Street
Capital
Corp
3
.000
07/14/26
191,596‌
550,000
Main
Street
Capital
Corp
6
.500
06/04/27
562,234‌
Short
Term
Bond
Index
314
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
FINANCIAL
SERVICES
-
3.4%
(continued)
$
600,000
Mastercard,
Inc
3
.300
%
03/26/27
$
591,582‌
750,000
Morgan
Stanley
3
.875
01/27/26
746,686‌
1,000,000
Morgan
Stanley
3
.125
07/27/26
982,183‌
500,000
Morgan
Stanley
4
.350
09/08/26
501,200‌
750,000
Morgan
Stanley
0
.985
12/10/26
718,641‌
1,000,000
Morgan
Stanley
5
.050
01/28/27
1,009,337‌
300,000
Morgan
Stanley
1
.593
05/04/27
287,066‌
500,000
Morgan
Stanley
1
.512
07/20/27
475,483‌
1,000,000
Morgan
Stanley
2
.475
01/21/28
960,326‌
2,500,000
Morgan
Stanley
5
.652
04/13/28
2,580,855‌
1,000,000
Morgan
Stanley
4
.210
04/20/28
997,967‌
1,350,000
Morgan
Stanley
Bank
NA
4
.754
04/21/26
1,362,448‌
200,000
Morgan
Stanley
Direct
Lending
Fund
4
.500
02/11/27
198,640‌
250,000
National
Rural
Utilities
Cooperative
Finance
Corp
5
.450
10/30/25
253,240‌
500,000
National
Rural
Utilities
Cooperative
Finance
Corp
4
.450
03/13/26
502,442‌
300,000
National
Rural
Utilities
Cooperative
Finance
Corp
5
.600
11/13/26
308,942‌
500,000
National
Rural
Utilities
Cooperative
Finance
Corp
4
.800
02/05/27
509,190‌
750,000
National
Rural
Utilities
Cooperative
Finance
Corp
5
.100
05/06/27
769,320‌
500,000
National
Rural
Utilities
Cooperative
Finance
Corp
4
.120
09/16/27
503,425‌
500,000
(a)
New
Mountain
Finance
Corp
6
.200
10/15/27
498,806‌
500,000
Nomura
Holdings,
Inc
5
.709
01/09/26
506,435‌
250,000
Nomura
Holdings,
Inc
1
.653
07/14/26
238,072‌
500,000
Nomura
Holdings,
Inc
2
.329
01/22/27
475,840‌
750,000
Nomura
Holdings,
Inc
5
.594
07/02/27
772,628‌
750,000
Northern
Trust
Corp
3
.375
05/08/32
730,107‌
200,000
Oaktree
Specialty
Lending
Corp
2
.700
01/15/27
187,321‌
1,000,000
Oesterreichische
Kontrollbank
AG.
2
.875
05/23/25
990,608‌
1,000,000
Oesterreichische
Kontrollbank
AG.
4
.625
11/03/25
1,005,666‌
400,000
Oesterreichische
Kontrollbank
AG.
4
.125
01/20/26
400,763‌
500,000
Oesterreichische
Kontrollbank
AG.
5
.000
10/23/26
512,095‌
1,500,000
Oesterreichische
Kontrollbank
AG.
4
.750
05/21/27
1,539,939‌
500,000
PayPal
Holdings,
Inc
2
.650
10/01/26
487,069‌
150,000
(a)
Prospect
Capital
Corp
3
.364
11/15/26
139,604‌
750,000
S&P
Global,
Inc
2
.450
03/01/27
723,401‌
100,000
Sixth
Street
Specialty
Lending,
Inc
2
.500
08/01/26
95,380‌
500,000
State
Street
Corp
5
.272
08/03/26
510,592‌
500,000
State
Street
Corp
5
.751
11/04/26
506,658‌
750,000
State
Street
Corp
4
.993
03/18/27
767,732‌
750,000
State
Street
Corp
4
.530
02/20/29
757,619‌
500,000
Synchrony
Bank
5
.400
08/22/25
501,054‌
1,000,000
UBS
Group
AG.
4
.550
04/17/26
1,002,515‌
1,300,000
Visa,
Inc
3
.150
12/14/25
1,286,310‌
850,000
Visa,
Inc
1
.900
04/15/27
812,181‌
150,000
Voya
Financial,
Inc
3
.650
06/15/26
148,090‌
340,000
Western
Union
Co
1
.350
03/15/26
324,287‌
TOTAL
FINANCIAL
SERVICES
75,655,756‌
FOOD,
BEVERAGE
&
TOBACCO
-
0.8%
200,000
Altria
Group,
Inc
2
.625
09/16/26
193,876‌
300,000
Archer-Daniels-Midland
Co
2
.500
08/11/26
291,803‌
500,000
BAT
Capital
Corp
3
.215
09/06/26
489,376‌
1,050,000
BAT
Capital
Corp
4
.700
04/02/27
1,059,357‌
750,000
BAT
International
Finance
plc
1
.668
03/25/26
720,593‌
250,000
Bunge
Ltd
3
.250
08/15/26
245,990‌
750,000
Bunge
Ltd
4
.100
01/07/28
749,645‌
750,000
Campbell
Soup
Co
5
.300
03/20/26
760,647‌
750,000
Campbell
Soup
Co
5
.200
03/19/27
769,654‌
500,000
ConAgra
Brands,
Inc
5
.300
10/01/26
509,597‌
300,000
Constellation
Brands,
Inc
5
.000
02/02/26
299,572‌
500,000
Constellation
Brands,
Inc
3
.700
12/06/26
495,010‌
500,000
Constellation
Brands,
Inc
4
.350
05/09/27
501,368‌
500,000
Diageo
Capital
plc
5
.200
10/24/25
505,219‌
500,000
Diageo
Capital
plc
5
.375
10/05/26
512,042‌
315
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
FOOD,
BEVERAGE
&
TOBACCO
-
0.8%
(continued)
$
500,000
General
Mills,
Inc
4
.700
%
01/30/27
$
506,060‌
500,000
Hershey
Co
2
.300
08/15/26
485,157‌
500,000
Hormel
Foods
Corp
4
.800
03/30/27
509,450‌
200,000
Ingredion,
Inc
3
.200
10/01/26
195,956‌
250,000
Kellogg
Co
3
.250
04/01/26
246,012‌
500,000
Keurig
Dr
Pepper,
Inc
2
.550
09/15/26
485,155‌
500,000
Keurig
Dr
Pepper,
Inc
5
.100
03/15/27
511,314‌
600,000
Kraft
Heinz
Foods
Co
3
.000
06/01/26
587,657‌
500,000
Kraft
Heinz
Foods
Co
3
.875
05/15/27
496,433‌
300,000
McCormick
&
Co,
Inc
0
.900
02/15/26
286,529‌
700,000
Molson
Coors
Beverage
Co
3
.000
07/15/26
686,781‌
500,000
Mondelez
International,
Inc
2
.625
03/17/27
482,896‌
1,000,000
PepsiCo
Singapore
Financing
I
Pte
Ltd
4
.650
02/16/27
1,016,188‌
1,000,000
PepsiCo,
Inc
4
.550
02/13/26
1,007,972‌
150,000
PepsiCo,
Inc
5
.125
11/10/26
153,843‌
500,000
Philip
Morris
International,
Inc
5
.000
11/17/25
503,671‌
1,250,000
Philip
Morris
International,
Inc
4
.875
02/13/26
1,262,257‌
750,000
Philip
Morris
International,
Inc
4
.750
02/12/27
761,857‌
500,000
Tyson
Foods,
Inc
4
.000
03/01/26
497,350‌
TOTAL
FOOD,
BEVERAGE
&
TOBACCO
18,786,287‌
HEALTH
CARE
EQUIPMENT
&
SERVICES
-
0.7%
500,000
Abbott
Laboratories
3
.750
11/30/26
499,673‌
200,000
Baxter
International,
Inc
2
.600
08/15/26
193,787‌
500,000
Becton
Dickinson
&
Co
3
.700
06/06/27
493,731‌
400,000
Cigna
Group
3
.250
04/15/25
396,865‌
208,000
Cigna
Group
1
.250
03/15/26
198,956‌
500,000
Cigna
Group
3
.400
03/01/27
490,910‌
625,000
CVS
Health
Corp
5
.000
02/20/26
629,264‌
500,000
CVS
Health
Corp
2
.875
06/01/26
487,898‌
400,000
CVS
Health
Corp
3
.000
08/15/26
390,799‌
600,000
CVS
Health
Corp
3
.625
04/01/27
591,641‌
750,000
CVS
Health
Corp
1
.300
08/21/27
689,054‌
500,000
Elevance
Health,
Inc
5
.350
10/15/25
504,179‌
150,000
Elevance
Health,
Inc
4
.900
02/08/26
149,910‌
500,000
GE
HealthCare
Technologies,
Inc
5
.600
11/15/25
505,357‌
600,000
HCA,
Inc
5
.250
06/15/26
604,417‌
1,000,000
HCA,
Inc
5
.375
09/01/26
1,010,827‌
500,000
HCA,
Inc
3
.125
03/15/27
485,981‌
500,000
Humana,
Inc
1
.350
02/03/27
467,277‌
500,000
Icon
Investments
Six
DAC
5
.809
05/08/27
515,927‌
300,000
McKesson
Corp
0
.900
12/03/25
288,456‌
200,000
McKesson
Corp
1
.300
08/15/26
190,162‌
200,000
PeaceHealth
Obligated
Group
1
.375
11/15/25
192,513‌
500,000
Quest
Diagnostics,
Inc
4
.600
12/15/27
506,696‌
750,000
Smith
&
Nephew
plc
5
.150
03/20/27
763,725‌
500,000
(b)
Solventum
Corp
5
.450
02/25/27
510,327‌
300,000
Stryker
Corp
3
.500
03/15/26
296,876‌
500,000
UnitedHealth
Group,
Inc
5
.150
10/15/25
505,096‌
1,500,000
UnitedHealth
Group,
Inc
1
.150
05/15/26
1,434,064‌
500,000
UnitedHealth
Group,
Inc
4
.750
07/15/26
507,367‌
1,000,000
UnitedHealth
Group,
Inc
4
.600
04/15/27
1,018,334‌
250,000
Universal
Health
Services,
Inc
1
.650
09/01/26
236,816‌
300,000
Zimmer
Biomet
Holdings,
Inc
3
.050
01/15/26
295,106‌
TOTAL
HEALTH
CARE
EQUIPMENT
&
SERVICES
16,051,991‌
HOUSEHOLD
&
PERSONAL
PRODUCTS
-
0.2%
750,000
Colgate-Palmolive
Co
4
.800
03/02/26
759,587‌
800,000
Haleon
US
Capital
LLC
3
.375
03/24/27
785,837‌
500,000
Kenvue,
Inc
5
.350
03/22/26
509,703‌
500,000
Procter
&
Gamble
Co
4
.100
01/26/26
502,115‌
400,000
Procter
&
Gamble
Co
1
.000
04/23/26
383,163‌
300,000
Unilever
Capital
Corp
2
.900
05/05/27
292,942‌
Short
Term
Bond
Index
316
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
HOUSEHOLD
&
PERSONAL
PRODUCTS
-
0.2%
(continued)
$
750,000
Unilever
Capital
Corp
4
.250
%
08/12/27
$
757,516‌
TOTAL
HOUSEHOLD
&
PERSONAL
PRODUCTS
3,990,863‌
INSURANCE
-
0.4%
500,000
Allstate
Corp
0
.750
12/15/25
479,331‌
200,000
Allstate
Corp
8
.318
08/15/53
201,000‌
200,000
American
National
Group,
Inc
5
.000
06/15/27
201,262‌
500,000
Aon
Global
Ltd
3
.875
12/15/25
498,097‌
750,000
Aon
North
America,
Inc
5
.125
03/01/27
767,270‌
200,000
Arch
Capital
Group
Ltd
4
.011
12/15/26
198,687‌
500,000
Berkshire
Hathaway
Finance
Corp
2
.300
03/15/27
483,953‌
300,000
Brighthouse
Financial,
Inc
3
.700
06/22/27
293,451‌
500,000
Chubb
INA
Holdings,
Inc
3
.350
05/03/26
494,115‌
315,000
CNA
Financial
Corp
4
.500
03/01/26
315,160‌
300,000
CNA
Financial
Corp
3
.450
08/15/27
293,510‌
115,000
Hanover
Insurance
Group,
Inc
4
.500
04/15/26
114,793‌
300,000
(a)
Lincoln
National
Corp
3
.625
12/12/26
296,065‌
250,000
Loews
Corp
3
.750
04/01/26
248,581‌
300,000
Manulife
Financial
Corp
4
.150
03/04/26
299,299‌
350,000
Manulife
Financial
Corp
2
.484
05/19/27
336,288‌
200,000
Manulife
Financial
Corp
4
.061
02/24/32
197,050‌
100,000
Marsh
&
McLennan
Cos,
Inc
3
.750
03/14/26
99,352‌
200,000
Old
Republic
International
Corp
3
.875
08/26/26
197,969‌
250,000
Principal
Financial
Group,
Inc
3
.100
11/15/26
244,327‌
200,000
Progressive
Corp
2
.450
01/15/27
193,293‌
200,000
Progressive
Corp
2
.500
03/15/27
192,829‌
500,000
Prudential
Financial,
Inc
1
.500
03/10/26
482,269‌
150,000
Reinsurance
Group
of
America,
Inc
3
.950
09/15/26
149,099‌
360,000
Trinity
Acquisition
plc
4
.400
03/15/26
359,084‌
300,000
Willis
North
America,
Inc
4
.650
06/15/27
302,383‌
TOTAL
INSURANCE
7,938,517‌
MATERIALS
-
0.5%
500,000
Berry
Global,
Inc
1
.570
01/15/26
481,135‌
200,000
Berry
Global,
Inc
1
.650
01/15/27
187,755‌
1,500,000
BHP
Billiton
Finance
USA
Ltd
4
.875
02/27/26
1,514,599‌
100,000
BHP
Billiton
Finance
USA
Ltd
5
.250
09/08/26
102,203‌
1,000,000
DowDuPont,
Inc
4
.493
11/15/25
998,234‌
400,000
Ecolab,
Inc
1
.650
02/01/27
380,217‌
500,000
EIDP,
Inc
4
.500
05/15/26
503,104‌
500,000
FMC
Corp
5
.150
05/18/26
504,572‌
1,000,000
Linde,
Inc
4
.700
12/05/25
1,007,053‌
350,000
LYB
International
Finance
BV
3
.500
03/02/27
343,000‌
750,000
Newmont
Corp
5
.300
03/15/26
759,884‌
300,000
Nutrien
Ltd
5
.950
11/07/25
304,681‌
650,000
Nutrien
Ltd
5
.200
06/21/27
666,593‌
1,000,000
Sherwin-Williams
Co
4
.550
03/01/28
1,013,270‌
500,000
Sonoco
Products
Co
4
.450
09/01/26
500,089‌
300,000
Suzano
International
Finance
BV
5
.500
01/17/27
305,519‌
200,000
Vulcan
Materials
Co
3
.900
04/01/27
199,416‌
250,000
Westlake
Corp
3
.600
08/15/26
246,552‌
500,000
WRKCo,
Inc
4
.650
03/15/26
500,300‌
TOTAL
MATERIALS
10,518,176‌
MEDIA
&
ENTERTAINMENT
-
0.6%
300,000
Alphabet,
Inc
0
.450
08/15/25
290,874‌
750,000
Alphabet,
Inc
1
.998
08/15/26
726,997‌
1,500,000
Charter
Communications
Operating
LLC
6
.150
11/10/26
1,541,702‌
1,200,000
Comcast
Corp
5
.250
11/07/25
1,212,909‌
1,200,000
Comcast
Corp
3
.150
03/01/26
1,183,414‌
400,000
Comcast
Corp
2
.350
01/15/27
385,625‌
600,000
Comcast
Corp
3
.300
02/01/27
590,556‌
300,000
Comcast
Corp
3
.300
04/01/27
295,151‌
500,000
Discovery
Communications
LLC
4
.900
03/11/26
499,614‌
120,000
Electronic
Arts
Inc
4
.800
03/01/26
120,722‌
317
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MEDIA
&
ENTERTAINMENT
-
0.6%
(continued)
$
750,000
Inter-American
Investment
Corp
3
.625
%
02/17/27
$
748,387‌
500,000
Meta
Platforms,
Inc
3
.500
08/15/27
495,910‌
500,000
NetFlix,
Inc
4
.375
11/15/26
503,658‌
655,000
Omnicom
Group,
Inc
3
.600
04/15/26
647,286‌
300,000
Paramount
Global
2
.900
01/15/27
287,082‌
600,000
Take-Two
Interactive
Software,
Inc
5
.000
03/28/26
605,648‌
1,000,000
TWDC
Enterprises
18
Corp
3
.150
09/17/25
989,866‌
750,000
TWDC
Enterprises
18
Corp
3
.000
02/13/26
738,898‌
300,000
TWDC
Enterprises
18
Corp
2
.950
06/15/27
292,318‌
100,000
Walt
Disney
Co
1
.750
01/13/26
97,165‌
300,000
Walt
Disney
Co
3
.700
03/23/27
298,853‌
1,500,000
Warnermedia
Holdings,
Inc
3
.755
03/15/27
1,450,421‌
TOTAL
MEDIA
&
ENTERTAINMENT
14,003,056‌
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
-
1.1%
1,250,000
AbbVie,
Inc
3
.200
05/14/26
1,233,848‌
950,000
AbbVie,
Inc
2
.950
11/21/26
929,991‌
2,000,000
AbbVie,
Inc
4
.800
03/15/27
2,038,783‌
100,000
Agilent
Technologies,
Inc
3
.050
09/22/26
97,613‌
500,000
Agilent
Technologies,
Inc
4
.200
09/09/27
501,394‌
800,000
Amgen,
Inc
2
.200
02/21/27
766,037‌
750,000
AstraZeneca
Finance
LLC
1
.200
05/28/26
717,581‌
1,000,000
AstraZeneca
Finance
LLC
4
.800
02/26/27
1,019,549‌
750,000
AstraZeneca
plc
0
.700
04/08/26
714,249‌
500,000
Baxalta,
Inc
4
.000
06/23/25
497,496‌
500,000
Bristol-Myers
Squibb
Co
0
.750
11/13/25
481,662‌
500,000
Bristol-Myers
Squibb
Co
3
.200
06/15/26
493,419‌
2,000,000
Bristol-Myers
Squibb
Co
4
.900
02/22/27
2,042,926‌
1,000,000
Eli
Lilly
&
Co
4
.500
02/09/27
1,013,768‌
1,000,000
Eli
Lilly
&
Co
4
.150
08/14/27
1,009,341‌
800,000
Gilead
Sciences,
Inc
3
.650
03/01/26
793,541‌
500,000
Gilead
Sciences,
Inc
2
.950
03/01/27
487,609‌
500,000
Illumina,
Inc
5
.800
12/12/25
506,522‌
500,000
Illumina,
Inc
4
.650
09/09/26
503,111‌
1,120,000
Johnson
&
Johnson
2
.450
03/01/26
1,098,382‌
200,000
Merck
&
Co,
Inc
0
.750
02/24/26
191,426‌
750,000
Merck
&
Co,
Inc
1
.700
06/10/27
710,678‌
1,000,000
Novartis
Capital
Corp
3
.000
11/20/25
988,447‌
2,000,000
Pfizer
Investment
Enterprises
Pte
Ltd
4
.450
05/19/26
2,012,535‌
300,000
Pfizer,
Inc
3
.000
12/15/26
294,284‌
24,000
Shire
Acquisitions
Investments
Ireland
DAC
3
.200
09/23/26
23,622‌
550,000
Thermo
Fisher
Scientific,
Inc
4
.953
08/10/26
559,287‌
1,000,000
Thermo
Fisher
Scientific,
Inc
5
.000
12/05/26
1,021,229‌
422,000
Utah
Acquisition
Sub,
Inc
3
.950
06/15/26
417,830‌
500,000
Zoetis,
Inc
5
.400
11/14/25
504,717‌
TOTAL
PHARMACEUTICALS,
BIOTECHNOLOGY
&
LIFE
SCIENCES
23,670,877‌
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
-
0.5%
500,000
Analog
Devices,
Inc
3
.500
12/05/26
495,798‌
500,000
Applied
Materials,
Inc
3
.300
04/01/27
492,351‌
1,000,000
Broadcom
Corp
3
.875
01/15/27
993,301‌
300,000
Broadcom,
Inc
3
.150
11/15/25
295,769‌
200,000
Broadcom,
Inc
3
.459
09/15/26
197,302‌
1,000,000
Broadcom,
Inc
5
.050
07/12/27
1,022,045‌
350,000
Broadcom,
Inc
4
.150
02/15/28
349,632‌
1,250,000
Intel
Corp
4
.875
02/10/26
1,256,258‌
300,000
Intel
Corp
3
.750
03/25/27
294,761‌
500,000
Intel
Corp
3
.150
05/11/27
483,312‌
300,000
Intel
Corp
3
.750
08/05/27
294,091‌
375,000
Lam
Research
Corp
3
.750
03/15/26
372,892‌
150,000
Marvell
Technology,
Inc
1
.650
04/15/26
143,705‌
1,000,000
Microchip
Technology,
Inc
4
.250
09/01/25
995,407‌
150,000
Micron
Technology,
Inc
4
.975
02/06/26
150,985‌
300,000
Micron
Technology,
Inc
4
.185
02/15/27
299,185‌
Short
Term
Bond
Index
318
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
-
0.5%
(continued)
$
300,000
NVIDIA
Corp
3
.200
%
09/16/26
$
296,552‌
290,000
NXP
BV
5
.350
03/01/26
292,849‌
300,000
NXP
BV
3
.875
06/18/26
297,489‌
300,000
NXP
BV
4
.400
06/01/27
300,845‌
750,000
Qorvo,
Inc
1
.750
12/15/24
744,044‌
300,000
QUALCOMM,
Inc
3
.250
05/20/27
295,242‌
200,000
Skyworks
Solutions,
Inc
1
.800
06/01/26
191,068‌
750,000
Texas
Instruments,
Inc
4
.600
02/08/27
762,012‌
300,000
TSMC
Arizona
Corp
1
.750
10/25/26
285,190‌
500,000
TSMC
Arizona
Corp
3
.875
04/22/27
497,080‌
TOTAL
SEMICONDUCTORS
&
SEMICONDUCTOR
EQUIPMENT
12,099,165‌
SOFTWARE
&
SERVICES
-
0.7%
750,000
Adobe,
Inc
4
.850
04/04/27
768,011‌
750,000
Cadence
Design
Systems,
Inc
4
.200
09/10/27
753,685‌
200,000
CGI,
Inc
1
.450
09/14/26
189,178‌
250,000
DXC
Technology
Co
1
.800
09/15/26
236,828‌
150,000
Fortinet,
Inc
1
.000
03/15/26
143,013‌
300,000
Genpact
Luxembourg
Sarl
1
.750
04/10/26
287,203‌
500,000
IBM
International
Capital
Pte
Ltd
4
.700
02/05/26
502,003‌
500,000
IBM
International
Capital
Pte
Ltd
4
.600
02/05/27
506,007‌
600,000
International
Business
Machines
Corp
4
.000
07/27/25
597,409‌
500,000
International
Business
Machines
Corp
4
.500
02/06/26
502,303‌
1,050,000
International
Business
Machines
Corp
3
.300
05/15/26
1,035,865‌
500,000
International
Business
Machines
Corp
1
.700
05/15/27
470,786‌
750,000
Intuit,
Inc
5
.250
09/15/26
768,332‌
200,000
Kyndryl
Holdings,
Inc
2
.050
10/15/26
190,137‌
1,000,000
Microsoft
Corp
3
.125
11/03/25
990,563‌
1,600,000
Microsoft
Corp
2
.400
08/08/26
1,560,126‌
1,750,000
Microsoft
Corp
3
.400
09/15/26
1,737,035‌
150,000
Oracle
Corp
5
.800
11/10/25
152,339‌
1,035,000
Oracle
Corp
1
.650
03/25/26
994,898‌
1,250,000
Oracle
Corp
2
.650
07/15/26
1,214,855‌
750,000
Oracle
Corp
2
.800
04/01/27
726,160‌
500,000
Roper
Technologies,
Inc
3
.800
12/15/26
496,995‌
900,000
VMware,
Inc
1
.400
08/15/26
852,646‌
500,000
VMware,
Inc
3
.900
08/21/27
494,828‌
300,000
Workday,
Inc
3
.500
04/01/27
295,161‌
TOTAL
SOFTWARE
&
SERVICES
16,466,366‌
TECHNOLOGY
HARDWARE
&
EQUIPMENT
-
0.7%
1,000,000
Amphenol
Corp
4
.750
03/30/26
1,007,086‌
50,000
Amphenol
Corp
5
.050
04/05/27
51,174‌
1,820,000
Apple,
Inc
3
.250
02/23/26
1,803,868‌
300,000
Apple,
Inc
2
.450
08/04/26
292,748‌
1,000,000
Apple,
Inc
2
.050
09/11/26
967,742‌
500,000
Apple,
Inc
3
.350
02/09/27
495,468‌
750,000
Apple,
Inc
3
.200
05/11/27
739,973‌
300,000
Avnet,
Inc
4
.625
04/15/26
299,829‌
300,000
CDW
LLC
2
.670
12/01/26
288,641‌
750,000
Cisco
Systems,
Inc
4
.900
02/26/26
760,504‌
450,000
Cisco
Systems,
Inc
2
.500
09/20/26
439,123‌
1,500,000
Cisco
Systems,
Inc
4
.800
02/26/27
1,532,827‌
964,000
Dell
International
LLC
6
.020
06/15/26
987,136‌
500,000
Dell
International
LLC
4
.900
10/01/26
505,183‌
185,000
Flex
Ltd
3
.750
02/01/26
182,931‌
500,000
Hewlett
Packard
Enterprise
Co
4
.900
10/15/25
500,422‌
250,000
Hewlett
Packard
Enterprise
Co
1
.750
04/01/26
240,346‌
750,000
Hewlett
Packard
Enterprise
Co
4
.450
09/25/26
751,511‌
750,000
Hewlett
Packard
Enterprise
Co
4
.400
09/25/27
750,814‌
300,000
HP,
Inc
1
.450
06/17/26
285,887‌
300,000
HP,
Inc
3
.000
06/17/27
290,632‌
300,000
International
Business
Machines
Corp
4
.150
07/27/27
301,150‌
150,000
Jabil,
Inc
1
.700
04/15/26
143,670‌
319
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
TECHNOLOGY
HARDWARE
&
EQUIPMENT
-
0.7%
(continued)
$
250,000
Jabil,
Inc
4
.250
%
05/15/27
$
248,267‌
120,000
Juniper
Networks,
Inc
1
.200
12/10/25
114,967‌
250,000
Keysight
Technologies,
Inc
4
.600
04/06/27
251,619‌
300,000
NetApp,
Inc
2
.375
06/22/27
285,990‌
200,000
TD
SYNNEX
Corp
1
.750
08/09/26
189,974‌
TOTAL
TECHNOLOGY
HARDWARE
&
EQUIPMENT
14,709,482‌
TELECOMMUNICATION
SERVICES
-
0.5%
1,500,000
AT&T,
Inc
1
.700
03/25/26
1,443,852‌
300,000
AT&T,
Inc
2
.950
07/15/26
293,698‌
750,000
AT&T,
Inc
3
.800
02/15/27
743,261‌
1,000,000
AT&T,
Inc
2
.300
06/01/27
954,937‌
800,000
Rogers
Communications,
Inc
3
.200
03/15/27
778,854‌
500,000
Sprint
LLC
7
.625
03/01/26
516,475‌
450,000
Telefonica
Emisiones
SAU
4
.103
03/08/27
448,086‌
750,000
T-Mobile
USA,
Inc
1
.500
02/15/26
721,228‌
365,000
T-Mobile
USA,
Inc
2
.250
02/15/26
354,877‌
200,000
T-Mobile
USA,
Inc
2
.625
04/15/26
194,905‌
1,500,000
T-Mobile
USA,
Inc
3
.750
04/15/27
1,481,974‌
1,350,000
Verizon
Communications,
Inc
1
.450
03/20/26
1,294,786‌
500,000
Verizon
Communications,
Inc
2
.625
08/15/26
485,988‌
1,500,000
Verizon
Communications,
Inc
3
.000
03/22/27
1,462,536‌
TOTAL
TELECOMMUNICATION
SERVICES
11,175,457‌
TRANSPORTATION
-
0.3%
500,000
Burlington
Northern
Santa
Fe
LLC
7
.000
12/15/25
516,443‌
260,000
Canadian
National
Railway
Co
2
.750
03/01/26
255,328‌
500,000
Canadian
Pacific
Railway
Co
1
.750
12/02/26
475,724‌
900,000
CSX
Corp
2
.600
11/01/26
875,258‌
225,000
FedEx
Corp
3
.250
04/01/26
221,733‌
200,000
GXO
Logistics,
Inc
1
.650
07/15/26
190,152‌
210,000
JB
Hunt
Transport
Services,
Inc
3
.875
03/01/26
208,726‌
300,000
Norfolk
Southern
Corp
2
.900
06/15/26
293,868‌
750,000
Ryder
System,
Inc
5
.300
03/15/27
767,429‌
500,000
Southwest
Airlines
Co
3
.000
11/15/26
485,436‌
500,000
Southwest
Airlines
Co
5
.125
06/15/27
509,217‌
1,000,000
Union
Pacific
Corp
4
.750
02/21/26
1,007,522‌
450,000
United
Parcel
Service,
Inc
2
.400
11/15/26
435,883‌
TOTAL
TRANSPORTATION
6,242,719‌
UTILITIES
-
1.3%
500,000
AES
Corp
1
.375
01/15/26
479,816‌
300,000
Algonquin
Power
&
Utilities
Corp
5
.365
06/15/26
303,626‌
500,000
Ameren
Corp
5
.700
12/01/26
514,017‌
300,000
American
Electric
Power
Co,
Inc
3
.875
02/15/62
282,930‌
300,000
Black
Hills
Corp
3
.150
01/15/27
291,846‌
750,000
CenterPoint
Energy,
Inc
5
.250
08/10/26
762,191‌
100,000
CMS
Energy
Corp
3
.000
05/15/26
97,573‌
1,000,000
Dominion
Energy,
Inc
3
.900
10/01/25
994,002‌
250,000
Dominion
Energy,
Inc
3
.600
03/15/27
245,892‌
200,000
Dominion
Resources,
Inc
2
.850
08/15/26
194,700‌
750,000
DTE
Electric
Co
4
.850
12/01/26
765,012‌
1,000,000
DTE
Energy
Co
4
.950
07/01/27
1,016,878‌
750,000
Duke
Energy
Corp
5
.000
12/08/25
755,141‌
250,000
Duke
Energy
Corp
2
.650
09/01/26
243,094‌
750,000
Duke
Energy
Corp
4
.850
01/05/27
762,024‌
300,000
Duke
Energy
Corp
3
.150
08/15/27
291,469‌
250,000
Emera
US
Finance
LP
3
.550
06/15/26
245,210‌
500,000
Entergy
Arkansas
LLC
3
.500
04/01/26
495,202‌
300,000
Entergy
Corp
2
.950
09/01/26
292,776‌
500,000
Essential
Utilities,
Inc
4
.800
08/15/27
506,675‌
500,000
Evergy
Kansas
Central,
Inc
2
.550
07/01/26
487,066‌
750,000
Eversource
Energy
4
.750
05/15/26
754,233‌
500,000
Eversource
Energy
5
.000
01/01/27
507,941‌
1,000,000
Exelon
Corp
3
.400
04/15/26
987,738‌
Short
Term
Bond
Index
320
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
UTILITIES
-
1.3%
(continued)
$
650,000
FirstEnergy
Corp
3
.900
%
07/15/27
$
643,248‌
500,000
Florida
Power
&
Light
Co
4
.450
05/15/26
503,682‌
400,000
Fortis,
Inc
3
.055
10/04/26
389,218‌
1,000,000
Georgia
Power
Co
5
.004
02/23/27
1,021,975‌
300,000
Gulf
Power
Co
3
.300
05/30/27
294,902‌
100,000
ITC
Holdings
Corp
3
.250
06/30/26
98,130‌
500,000
National
Fuel
Gas
Co
5
.500
01/15/26
504,511‌
175,000
National
Fuel
Gas
Co
5
.500
10/01/26
178,581‌
500,000
NextEra
Energy
Capital
Holdings,
Inc
4
.950
01/29/26
505,039‌
800,000
NextEra
Energy
Capital
Holdings,
Inc
3
.550
05/01/27
788,988‌
400,000
NextEra
Energy
Capital
Holdings,
Inc
3
.800
03/15/82
380,996‌
400,000
NiSource,
Inc
3
.490
05/15/27
392,982‌
200,000
Pacific
Gas
&
Electric
Co
2
.950
03/01/26
195,193‌
250,000
Pacific
Gas
and
Electric
Co
4
.950
06/08/25
249,795‌
1,000,000
Pacific
Gas
and
Electric
Co
3
.150
01/01/26
981,085‌
300,000
Pacific
Gas
and
Electric
Co
2
.100
08/01/27
281,144‌
300,000
PPL
Capital
Funding,
Inc
3
.100
05/15/26
293,691‌
500,000
Public
Service
Electric
and
Gas
Co
0
.950
03/15/26
477,527‌
100,000
Public
Service
Electric
and
Gas
Co
2
.250
09/15/26
96,650‌
150,000
San
Diego
Gas
&
Electric
Co
2
.500
05/15/26
146,576‌
350,000
Sempra
4
.125
04/01/52
332,783‌
500,000
Sempra
Energy
3
.300
04/01/25
495,696‌
500,000
Sempra
Energy
5
.400
08/01/26
509,317‌
500,000
Southern
California
Edison
Co
5
.350
03/01/26
506,808‌
300,000
Southern
California
Edison
Co
4
.900
06/01/26
302,862‌
1,000,000
Southern
California
Edison
Co
4
.400
09/06/26
1,007,633‌
175,000
Southern
California
Edison
Co
4
.875
02/01/27
177,692‌
500,000
Southern
Co
5
.113
08/01/27
511,571‌
300,000
Southern
Co
4
.000
01/15/51
295,762‌
300,000
Southern
Co
3
.750
09/15/51
290,352‌
300,000
Southern
Co
Gas
Capital
Corp
3
.250
06/15/26
295,507‌
300,000
Southern
Power
Co
0
.900
01/15/26
286,988‌
250,000
Southwestern
Electric
Power
Co
2
.750
10/01/26
242,268‌
500,000
Spire,
Inc
5
.300
03/01/26
505,534‌
500,000
Virginia
Electric
and
Power
Co
3
.750
05/15/27
496,145‌
750,000
WEC
Energy
Group,
Inc
5
.000
09/27/25
753,102‌
800,000
WEC
Energy
Group,
Inc
4
.750
01/09/26
803,407‌
100,000
WEC
Energy
Group,
Inc
5
.600
09/12/26
102,529‌
300,000
Wisconsin
Public
Service
Corp
5
.350
11/10/25
303,255‌
200,000
Xcel
Energy,
Inc
3
.350
12/01/26
196,012‌
400,000
Xcel
Energy,
Inc
1
.750
03/15/27
376,926‌
TOTAL
UTILITIES
29,493,114‌
TOTAL
CORPORATE
BONDS
(Cost
$564,785,933)
574,234,608‌
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
GOVERNMENT
BONDS
-
73.3%
AGENCY
SECURITIES
-
1.5%
2,000,000
Federal
Farm
Credit
Bank
(FFCB)
4
.375
02/23/26
2,013,063‌
750,000
FFCB
4
.375
06/23/26
759,062‌
2,000,000
FFCB
4
.625
07/10/26
2,031,288‌
3,500,000
FFCB
4
.500
03/26/27
3,567,485‌
500,000
Federal
Home
Loan
Bank
(FHLB)
4
.625
06/06/25
501,850‌
200,000
FHLB
3
.125
06/13/25
198,709‌
500,000
FHLB
3
.625
09/04/26
499,485‌
4,500,000
FHLB
4
.625
11/17/26
4,590,626‌
4,500,000
(a)
FHLB
4
.125
01/15/27
4,548,484‌
3,000,000
FHLB
4
.750
04/09/27
3,082,946‌
4,000,000
Federal
Home
Loan
Mortgage
Corp
(FHLMC)
0
.375
09/23/25
3,861,335‌
4,500,000
Federal
National
Mortgage
Association
(FNMA)
0
.625
04/22/25
4,409,026‌
2,500,000
FNMA
0
.500
11/07/25
2,405,668‌
321
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
AGENCY
SECURITIES
(continued)
$
500,000
(a)
Tennessee
Valley
Authority
(TVA)
0
.750
%
05/15/25
$
489,120‌
TOTAL
AGENCY
SECURITIES
32,958,147‌
FOREIGN
GOVERNMENT
BONDS
-
3.6%
265,000
African
Development
Bank
0
.875
03/23/26
253,485‌
875,000
African
Development
Bank
4
.625
01/04/27
892,201‌
2,000,000
African
Development
Bank
4
.125
02/25/27
2,019,294‌
910,000
Asian
Development
Bank
4
.250
01/09/26
913,270‌
2,500,000
Asian
Development
Bank
1
.000
04/14/26
2,393,957‌
1,500,000
Asian
Development
Bank
2
.000
04/24/26
1,457,694‌
500,000
Asian
Development
Bank
4
.875
05/21/26
508,564‌
1,000,000
Asian
Development
Bank
4
.125
01/12/27
1,010,865‌
2,500,000
Asian
Development
Bank
1
.500
01/20/27
2,383,437‌
1,390,000
Asian
Infrastructure
Investment
Bank
0
.500
01/27/26
1,328,455‌
1,000,000
Asian
Infrastructure
Investment
Bank
4
.875
09/14/26
1,020,717‌
1,000,000
Canada
Government
International
Bond
0
.750
05/19/26
951,774‌
310,000
Chile
Government
International
Bond
3
.125
01/21/26
303,913‌
1,000,000
Chile
Government
International
Bond
2
.750
01/31/27
965,811‌
675,000
Corp
Andina
de
Fomento
1
.250
10/26/24
673,057‌
1,000,000
Corp
Andina
de
Fomento
5
.250
11/21/25
1,008,755‌
500,000
Corp
Andina
de
Fomento
4
.750
04/01/26
503,430‌
350,000
Corp
Andina
de
Fomento
6
.000
04/26/27
365,957‌
750,000
Council
Of
Europe
Development
Bank
3
.750
05/25/26
749,184‌
750,000
Council
Of
Europe
Development
Bank
4
.625
06/11/27
768,651‌
755,000
European
Bank
for
Reconstruction
&
Development
0
.500
01/28/26
721,558‌
1,500,000
European
Investment
Bank
2
.750
08/15/25
1,482,251‌
3,000,000
European
Investment
Bank
0
.375
03/26/26
2,849,836‌
2,500,000
European
Investment
Bank
1
.375
03/15/27
2,368,583‌
2,150,000
(a)
European
Investment
Bank
4
.375
03/19/27
2,188,281‌
500,000
Export
Development
Canada
4
.375
06/29/26
504,370‌
1,250,000
Export
Development
Canada
3
.750
09/07/27
1,253,538‌
750,000
Export-Import
Bank
of
Korea
5
.375
09/18/25
756,883‌
750,000
Export-Import
Bank
of
Korea
4
.875
01/11/26
756,722‌
1,000,000
Export-Import
Bank
of
Korea
4
.625
01/11/27
1,014,659‌
1,000,000
Export-Import
Bank
of
Korea
4
.000
09/11/27
1,002,107‌
1,700,000
Inter-American
Development
Bank
0
.875
04/20/26
1,623,919‌
3,000,000
Inter-American
Development
Bank
4
.500
05/15/26
3,030,915‌
2,000,000
Inter-American
Development
Bank
1
.500
01/13/27
1,906,394‌
500,000
Inter-American
Development
Bank
4
.375
02/01/27
507,471‌
500,000
Inter-American
Development
Bank
2
.375
07/07/27
483,314‌
2,585,000
International
Bank
for
Reconstruction
&
Development
0
.500
10/28/25
2,489,244‌
1,500,000
International
Bank
for
Reconstruction
&
Development
4
.750
04/10/26
1,520,362‌
3,000,000
International
Bank
for
Reconstruction
&
Development
1
.875
10/27/26
2,893,076‌
750,000
International
Finance
Corp
3
.625
09/15/25
746,385‌
1,500,000
International
Finance
Corp
2
.126
04/07/26
1,461,000‌
715,000
International
Finance
Corp
4
.375
01/15/27
725,299‌
1,000,000
Japan
Bank
for
International
Cooperation
1
.750
10/17/24
998,550‌
1,000,000
Japan
Bank
for
International
Cooperation
3
.875
09/16/25
996,453‌
1,000,000
Japan
Bank
for
International
Cooperation
4
.250
01/26/26
1,001,874‌
500,000
Japan
Bank
for
International
Cooperation
4
.250
04/27/26
501,745‌
2,000,000
Japan
Bank
for
International
Cooperation
2
.250
11/04/26
1,933,060‌
575,000
Japan
Bank
for
International
Cooperation
4
.625
07/22/27
587,067‌
750,000
Korea
Development
Bank
4
.000
09/08/25
747,485‌
1,000,000
Korea
Development
Bank
5
.375
10/23/26
1,025,458‌
500,000
Korea
Development
Bank
4
.625
02/15/27
508,070‌
1,500,000
Landwirtschaftliche
Rentenbank
0
.500
05/27/25
1,463,046‌
1,000,000
Landwirtschaftliche
Rentenbank
1
.750
07/27/26
964,246‌
500,000
Mexico
Government
International
Bond
4
.125
01/21/26
496,962‌
1,000,000
(a)
Mexico
Government
International
Bond
4
.150
03/28/27
993,380‌
400,000
Nordic
Investment
Bank
5
.000
10/15/25
403,693‌
300,000
Panama
Government
International
Bond
3
.750
03/16/25
297,669‌
460,000
Panama
Government
International
Bond
7
.125
01/29/26
473,614‌
750,000
Peruvian
Government
International
Bond
4
.125
08/25/27
744,050‌
Short
Term
Bond
Index
322
See
Notes
to
Financial
Statements
Portfolio
of
Investments
September
30,
2024
(continued)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
FOREIGN
GOVERNMENT
BONDS
(continued)
$
1,015,000
Philippine
Government
International
Bond
5
.500
%
03/30/26
$
1,032,673‌
500,000
Philippine
Government
International
Bond
3
.229
03/29/27
489,445‌
1,250,000
Province
of
British
Columbia
Canada
0
.900
07/20/26
1,186,111‌
2,595,000
Province
of
Ontario
Canada
1
.050
04/14/26
2,484,570‌
500,000
Province
of
Ontario
Canada
2
.300
06/15/26
487,038‌
1,000,000
Province
of
Quebec
Canada
0
.600
07/23/25
971,420‌
600,000
Province
of
Quebec
Canada
2
.500
04/20/26
587,146‌
300,000
Republic
of
Italy
Government
International
Bond
2
.375
10/17/24
299,616‌
500,000
Republic
of
Italy
Government
International
Bond
1
.250
02/17/26
479,777‌
400,000
Republic
of
Poland
Government
International
Bond
3
.250
04/06/26
395,296‌
925,000
Svensk
Exportkredit
AB
0
.625
10/07/24
924,343‌
750,000
Svensk
Exportkredit
AB
4
.625
11/28/25
753,841‌
1,000,000
Svensk
Exportkredit
AB
4
.375
02/13/26
1,004,113‌
200,000
Svensk
Exportkredit
AB
4
.875
09/14/26
203,859‌
1,000,000
Svensk
Exportkredit
AB
3
.750
09/13/27
1,001,926‌
TOTAL
FOREIGN
GOVERNMENT
BONDS
79,196,234‌
MUNICIPAL
BONDS
-
0.0%
460,000
San
Francisco
City
&
County
Public
Utilities
Commission
Wastewater
Revenue
4
.655
10/01/27
469,193‌
TOTAL
MUNICIPAL
BONDS
469,193‌
U.S.
TREASURY
SECURITIES
-
68.2%
52,000,000
United
States
Treasury
Note
4
.500
11/15/25
52,333,125‌
29,500,000
United
States
Treasury
Note
4
.875
11/30/25
29,822,656‌
42,000,000
United
States
Treasury
Note
4
.000
12/15/25
42,067,266‌
38,800,000
United
States
Treasury
Note
4
.250
12/31/25
38,975,812‌
47,500,000
United
States
Treasury
Note
3
.875
01/15/26
47,524,121‌
27,500,000
United
States
Treasury
Note
4
.250
01/31/26
27,648,242‌
63,000,000
United
States
Treasury
Note
4
.000
02/15/26
63,169,805‌
20,000,000
United
States
Treasury
Note
4
.625
02/28/26
20,222,656‌
53,000,000
United
States
Treasury
Note
4
.625
03/15/26
53,637,656‌
15,950,000
United
States
Treasury
Note
4
.500
03/31/26
16,118,223‌
14,500,000
United
States
Treasury
Note
3
.750
04/15/26
14,500,566‌
5,500,000
United
States
Treasury
Note
4
.875
04/30/26
5,593,887‌
79,750,000
United
States
Treasury
Note
3
.625
05/15/26
79,622,276‌
18,500,000
United
States
Treasury
Note
4
.875
05/31/26
18,839,649‌
56,000,000
United
States
Treasury
Note
4
.125
06/15/26
56,378,437‌
33,750,000
United
States
Treasury
Note
4
.625
06/30/26
34,269,433‌
26,700,000
United
States
Treasury
Note
4
.500
07/15/26
27,069,211‌
14,200,000
United
States
Treasury
Note
4
.375
07/31/26
14,370,844‌
73,000,000
United
States
Treasury
Note
4
.375
08/15/26
73,912,500‌
14,500,000
United
States
Treasury
Note
3
.750
08/31/26
14,520,957‌
41,000,000
United
States
Treasury
Note
4
.625
09/15/26
41,735,117‌
6,000,000
United
States
Treasury
Note
3
.500
09/30/26
5,983,359‌
26,000,000
United
States
Treasury
Note
4
.625
10/15/26
26,489,531‌
10,000,000
United
States
Treasury
Note
1
.125
10/31/26
9,498,047‌
10,000,000
United
States
Treasury
Note
1
.625
10/31/26
9,598,438‌
68,800,000
United
States
Treasury
Note
4
.625
11/15/26
70,173,313‌
49,650,000
United
States
Treasury
Note
4
.375
12/15/26
50,437,418‌
46,800,000
United
States
Treasury
Note
4
.000
01/15/27
47,187,563‌
60,500,000
United
States
Treasury
Note
4
.125
02/15/27
61,199,531‌
54,700,000
United
States
Treasury
Note
4
.250
03/15/27
55,544,004‌
41,000,000
United
States
Treasury
Note
4
.500
04/15/27
41,892,070‌
90,750,000
United
States
Treasury
Note
4
.500
05/15/27
92,802,510‌
58,250,000
United
States
Treasury
Note
4
.625
06/15/27
59,822,295‌
68,500,000
United
States
Treasury
Note
4
.375
07/15/27
69,934,219‌
78,500,000
United
States
Treasury
Note
3
.750
08/15/27
78,874,101‌
67,000,000
United
States
Treasury
Note
3
.375
09/15/27
66,659,766‌
TOTAL
U.S.
TREASURY
SECURITIES
1,518,428,604‌
TOTAL
GOVERNMENT
BONDS
(Cost
$1,611,380,671)
1,631,052,178‌
323
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
STRUCTURED
ASSETS
-
0.0%
ASSET
BACKED
-
0.0%
$
274,963
American
Airlines
Pass
Through
Trust
3
.375
%
05/01/27
$
261,096‌
Series
-
2015
1
(Class
A)
254,192
United
Airlines
Pass
Through
Trust
4
.000
04/11/26
250,306‌
Series
-
2020
A
(Class
A)
149,733
United
Airlines
Pass
Through
Trust
3
.750
09/03/26
146,620‌
Series
-
2014
2
(Class
A)
TOTAL
ASSET
BACKED
658,022‌
TOTAL
STRUCTURED
ASSETS
(Cost
$647,734)
658,022‌
TOTAL
LONG-TERM
INVESTMENTS
(Cost
$2,176,814,338)
2,205,944,808‌
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
SHORT-TERM
INVESTMENTS
-
2.6%
GOVERNMENT
AGENCY
DEBT
-
2.4%
52,730,000
Federal
Home
Loan
Bank
(FHLB)
0
.000
10/01/24
52,723,189‌
TOTAL
GOVERNMENT
AGENCY
DEBT
52,723,189‌
TREASURY
DEBT
-
0.2%
5,000,000
United
States
Treasury
Bill
0
.000
10/29/24
4,981,566‌
TOTAL
TREASURY
DEBT
4,981,566‌
TOTAL
SHORT-TERM
INVESTMENTS
(Cost
$57,711,683)
57,704,755‌
SHARES
DESCRIPTION
RATE
EXP
VALUE
INVESTMENTS
PURCHASED
WITH
COLLATERAL
FROM
SECURITIES
LENDING
-
0.2%
5,702,773
(c)
State
Street
Navigator
Securities
Lending
Government
Money
Market
Portfolio
5
.020
(d)
5,702,773‌
TOTAL
INVESTMENTS
PURCHASED
WITH
COLLATERAL
FROM
SECURITIES
LENDING
(Cost
$5,702,773)
5,702,773‌
TOTAL
INVESTMENTS
-
101.9%
(Cost
$2,240,228,794)
2,269,352,336‌
OTHER
ASSETS
&
LIABILITIES,
NET
-
(1.9)%
(
42,527,941‌
)
NET
ASSETS
-
100.0%
$
2,226,824,395‌
(a)
All
or
a
portion
of
these
securities
are
out
on
loan.
The
aggregate
value
of
securities
on
loan
is
$5,538,155.
(b)
Security
is
exempt
from
registration
under
Rule
144A
of
the
Securities
Act
of
1933,
as
amended.
These
securities
are
deemed
liquid
and
may
be
resold
in
transactions
exempt
from
registration,
which
are
normally
those
transactions
with
qualified
institutional
buyers.
As
of
the
end
of
the
reporting
period,
the
aggregate
value
of
these
securities
is
$3,297,738
or
0.1%
of
Total
Investments.
(c)
Investments
made
with
cash
collateral
received
from
securities
on
loan.
(d)
The
rate
shown
is
the
one-day
yield
as
of
the
end
of
the
reporting
period.
Money
Market
Portfolio
of
Investments
September
30,
2024
324
See
Notes
to
Financial
Statements
(Unaudited)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
SHORT-TERM
INVESTMENTS
-
100.2%
GOVERNMENT
AGENCY
DEBT
-
23.5%
$
550,000‌
Federal
Agricultural
Mortgage
Corp
(FAMC)
0.000
%
12/30/24
$
543,152‌
1,900,000‌
Federal
Farm
Credit
Bank
(FFCB)
0.000
10/02/24
1,899,727‌
12,500,000‌
FFCB
0.000
10/18/24
12,471,785‌
400,000‌
FFCB
4.500
11/18/24
399,770‌
135,000‌
FFCB
0.000
11/20/24
134,031‌
3,800,000‌
FFCB
5.500
11/25/24
3,800,925‌
4,750,000‌
FFCB
0.000
12/10/24
4,706,683‌
100,000‌
FFCB
0.000
12/24/24
98,787‌
153,000‌
FFCB
0.000
01/15/25
150,784‌
4,250,000‌
FFCB
0.000
02/19/25
4,169,101‌
8,850,000‌
FFCB
0.000
02/21/25
8,678,448‌
3,497,000‌
FFCB
5.000
03/28/25
3,496,789‌
5,650,000‌
FFCB
0.000
04/09/25
5,518,794‌
8,990,000‌
FFCB
0.000
04/23/25
8,766,868‌
9,300,000‌
FFCB
5.125
05/22/25
9,294,820‌
9,500,000‌
Federal
Home
Loan
Bank
(FHLB)
0.000
10/01/24
9,500,000‌
200,000‌
FHLB
4.500
10/03/24
199,992‌
4,750,000‌
FHLB
0.000
10/07/24
4,745,860‌
19,000,000‌
FHLB
0.000
10/08/24
18,980,697‌
41,000,000‌
FHLB
0.000
10/15/24
40,919,799‌
65,900,000‌
FHLB
0.000
10/16/24
65,757,346‌
34,040,000‌
FHLB
0.000
10/31/24
33,898,734‌
100,000‌
FHLB
0.000
11/01/24
99,569‌
6,395,000‌
FHLB
0.000
11/15/24
6,354,257‌
100,000‌
FHLB
0.000
11/20/24
99,269‌
285,000‌
FHLB
0.000
12/13/24
282,103‌
7,200,000‌
FHLB
0.000
12/16/24
7,125,478‌
100,000‌
FHLB
0.000
12/23/24
98,810‌
100,000‌
FHLB
0.000
12/26/24
98,758‌
100,000‌
FHLB
0.000
01/06/25
98,690‌
9,000,000‌
FHLB
0.000
01/16/25
8,870,263‌
13,750,000‌
FHLB
0.000
01/23/25
13,541,218‌
700,000‌
FHLB
0.000
01/30/25
688,542‌
17,750,000‌
FHLB
0.000
02/05/25
17,457,887‌
4,490,000‌
FHLB
0.000
02/06/25
4,415,925‌
12,100,000‌
FHLB
0.000
02/10/25
11,888,815‌
17,800,000‌
FHLB
0.000
02/14/25
17,476,554‌
17,000,000‌
FHLB
0.000
02/18/25
16,682,667‌
3,750,000‌
FHLB
0.000
02/21/25
3,674,776‌
16,000,000‌
FHLB
0.000
02/26/25
15,684,267‌
100,000‌
FHLB
0.000
02/28/25
97,904‌
1,400,000‌
FHLB
0.000
03/21/25
1,367,747‌
8,500,000‌
FHLB
0.000
04/02/25
8,290,440‌
3,500,000‌
FHLB
0.000
04/11/25
3,410,213‌
6,500,000‌
FHLB
0.000
04/17/25
6,323,038‌
6,770,000‌
FHLB
5.125
05/15/25
6,767,400‌
17,750,000‌
FHLB
0.000
05/16/25
17,195,978‌
2,800,000‌
FHLB
0.000
05/29/25
2,707,320‌
11,500,000‌
Federal
Home
Loan
Mortgage
Corp
(FHLMC)
0.000
10/22/24
11,464,982‌
1,400,000‌
FHLMC
1.500
02/12/25
1,380,968‌
415,000‌
FHLMC
0.375
09/23/25
400,842‌
54,675,000‌
Federal
National
Mortgage
Association
(FNMA)
0.000
10/07/24
54,631,989‌
16,500,000‌
Tennessee
Valley
Authority
(TVA)
0.000
10/09/24
16,482,767‌
TOTAL
GOVERNMENT
AGENCY
DEBT
493,292,328‌
REPURCHASE
AGREEMENT
-
43.5%
198,000,000‌
(a)
Bank
of
New
York
Mellon
4.860
10/01/24
198,000,000‌
325
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
REPURCHASE
AGREEMENT
(continued)
$
717,167,000‌
(b)
Fixed
Income
Clearing
Corporation
4.880
%
10/01/24
$
717,167,000‌
TOTAL
REPURCHASE
AGREEMENT
915,167,000‌
TREASURY
DEBT
-
14.9%
73,500,000‌
United
States
Treasury
Bill
0.000
10/15/24
73,352,061‌
52,500,000‌
United
States
Treasury
Bill
0.000
10/17/24
52,379,069‌
10,000,000‌
United
States
Treasury
Bill
0.000
10/24/24
9,966,826‌
45,000,000‌
United
States
Treasury
Bill
0.000
10/29/24
44,817,316‌
17,630,000‌
United
States
Treasury
Bill
0.000
11/21/24
17,503,497‌
7,500,000‌
United
States
Treasury
Bill
0.000
12/26/24
7,407,863‌
4,500,000‌
United
States
Treasury
Bill
0.000
02/20/25
4,411,839‌
28,750,000‌
United
States
Treasury
Bill
0.000
05/15/25
27,857,777‌
33,000,000‌
United
States
Treasury
Bill
0.000
06/12/25
31,856,019‌
9,375,000‌
United
States
Treasury
Bill
0.000
09/04/25
9,035,944‌
9,500,000‌
United
States
Treasury
Note
0.750
11/15/24
9,448,720‌
8,500,000‌
United
States
Treasury
Note
2.250
11/15/24
8,472,775‌
12,000,000‌
United
States
Treasury
Note
3.875
04/30/25
11,912,664‌
3,750,000‌
United
States
Treasury
Note
2.125
05/15/25
3,680,582‌
TOTAL
TREASURY
DEBT
312,102,952‌
VARIABLE
RATE
SECURITIES
-
18.3%
6,750,000‌
(c)
Federal
Farm
Credit
Bank
(FFCB),
(SOFR
-
0.000%)
4.840
10/08/24
6,750,000‌
2,500,000‌
(c)
FFCB,
(SOFR
+
0.180%)
5.020
10/16/24
2,500,153‌
3,000,000‌
(c)
FFCB,
(SOFR
+
0.020%)
4.860
11/06/24
2,999,933‌
7,065,000‌
(c)
FFCB,
(SOFR
+
0.190%)
5.030
11/25/24
7,066,764‌
27,500,000‌
(c)
Federal
Home
Loan
Bank
(FHLB),
(SOFR
+
0.005%)
4.845
10/07/24
27,500,000‌
2,000,000‌
(c)
FHLB,
(SOFR
+
0.010%)
4.850
11/04/24
1,999,940‌
35,150,000‌
(c)
FHLB,
(SOFR
-
0.000%)
4.840
11/08/24
35,150,000‌
3,000,000‌
(c)
FHLB,
(SOFR
+
0.025%)
4.865
11/14/24
2,999,938‌
5,830,000‌
(c)
FHLB,
(SOFR
+
0.120%)
4.960
11/18/24
5,830,691‌
54,000,000‌
(c)
FHLB,
(SOFR
-
0.000%)
4.840
11/19/24
54,000,000‌
45,750,000‌
(c)
FHLB,
(SOFR
+
0.010%)
4.850
11/19/24
45,749,562‌
7,065,000‌
(c)
FHLB,
(SOFR
+
0.010%)
4.850
11/25/24
7,064,848‌
54,000,000‌
(c)
FHLB,
(SOFR
+
0.010%)
4.850
11/29/24
54,000,000‌
16,000,000‌
(c)
FHLB,
(SOFR
-
0.000%)
4.840
12/10/24
16,000,000‌
16,570,000‌
(c)
FHLB,
(SOFR
+
0.010%)
4.850
12/10/24
16,570,000‌
54,000,000‌
(c)
FHLB,
(SOFR
+
0.005%)
4.845
12/16/24
54,000,000‌
45,000,000‌
(c)
FHLB,
(SOFR
+
0.010%)
4.850
12/27/24
45,000,000‌
TOTAL
VARIABLE
RATE
SECURITIES
385,181,829‌
TOTAL
SHORT-TERM
INVESTMENTS
(Cost
$2,105,744,109)
2,105,744,109‌
TOTAL
INVESTMENTS
-
100.2%
(Cost
$2,105,744,109)
2,105,744,109‌
OTHER
ASSETS
&
LIABILITIES,
NET
-
(0.2)%
(4,650,138‌)
NET
ASSETS
-
100.0%
$
2,101,093,971‌
SOFR
Secured
Overnight
Financing
Rate
(a)
Agreement
with
Bank
of
New
York
Mellon,
4.860%
dated
9/30/24
to
be
repurchased
at
$201,819,484
on
10/1/24,
collateralized
by
Government
Agency
Securities,
with
coupon
rate
4.875%
and
maturity
date
10/31/28,
valued
at
$201,960,067.
(b)
Agreement
with
Fixed
Income
Clearing
Corporation,
4.880%
dated
9/30/24
to
be
repurchased
at
$717,264,216
on
10/1/24,
collateralized
by
Government
Agency
Securities,
with
coupon
rates
0.875%–4.625%
and
maturity
date
6/30/26,
valued
at
$731,510,482.
(c)
Floating
or
variable
rate
security
includes
the
reference
rate
and
spread,
unless
the
variable
rate
is
based
on
the
underlying
asset
of
the
security.
Coupon
rate
reflects
the
rate
at
period
end.
Statement
of
Assets
and
Liabilities
See
Notes
to
Financial
Statements
326
September
30,
2024
(Unaudited)
8.1
Bond
Index
8.2
Core
Bond
8.3
Core
Impact
Bond
§
8.4
Core
Plus
Bond
ASSETS
Long-term
investments,
at
value
*†
$
26,105,454,742‌
$
10,643,045,354‌
$
6,718,487,758‌
$
4,705,351,021‌
Short-term
investments,
at
value
#
220,433,024‌
148,044,000‌
78,588,665‌
119,096,409‌
Investments
purchased
with
collateral
from
securities
lending,
at
value
(cost
approximates
value)
150,280,866‌
120,318,843‌
128,459,490‌
309,731,181‌
Cash
932,625‌
6,790,493‌
650,465‌
4,269,272‌
Cash
denominated
in
foreign
currencies
^
–‌
–‌
–‌
3‌
Cash
collateral
at
brokers
for
investments
in
mortgage
dollar
rolls
–‌
28,650,000‌
25,927,560‌
20,300,000‌
Cash
collateral
at
brokers
for
investments
in
swap
contracts
–‌
1,258,757‌
–‌
2,395,264‌
Receivables:
Dividends
–‌
164,468‌
277,554‌
70,455‌
Interest
177,437,344‌
81,057,758‌
45,278,117‌
38,317,847‌
Investments
sold
68,351,508‌
102,828,111‌
368,333,216‌
80,667,813‌
Reclaims
573‌
–‌
–‌
–‌
Reimbursement
from
Adviser
792,603‌
959,242‌
–‌
633,289‌
Shares
sold
125,083,858‌
21,041,480‌
7,738,749‌
10,594,890‌
Unrealized
appreciation
on
forward
foreign
currency
contracts
–‌
851‌
–‌
394‌
Other
1,525,347‌
1,894,093‌
524,554‌
1,248,020‌
Total
assets
26,850,292,490‌
11,156,053,450‌
7,374,266,128‌
5,292,675,858‌
LIABILITIES
Due
to
affiliates
32,531‌
22,286‌
18,604‌
14,687‌
Cash
collateral
due
to
broker
–‌
–‌
–‌
–‌
Cash
overdraft
–‌
–‌
–‌
–‌
Payables:
Management
fees
1,287,178‌
2,406,609‌
1,843,534‌
1,126,788‌
Collateral
from
securities
lending
150,280,866‌
120,318,843‌
128,459,490‌
309,731,181‌
Dividends
41,785,187‌
17,722,851‌
4,853,470‌
13,816,738‌
Capital
gain
taxes
–‌
7,699‌
–‌
–‌
Investments
purchased
-
regular
settlement
346,761,315‌
77,847,047‌
395,235,360‌
100,567,267‌
Investments
purchased
-
when-issued/delayed-delivery
settlement
3,403,303‌
110,438,108‌
16,062,948‌
44,341,084‌
Shares
redeemed
19,324,929‌
13,921,847‌
12,195,861‌
791,126‌
Service
agreement
fees
117,567‌
428,198‌
397,589‌
89,229‌
Variation
margin
on
futures
contracts
–‌
–‌
–‌
–‌
Variation
margin
on
centrally
cleared
swap
contracts
–‌
418,294‌
–‌
324,000‌
Unrealized
depreciation
on
forward
foreign
currency
contracts
–‌
99,614‌
145,408‌
59,121‌
Accrued
expenses:
Custodian
fees
244,724‌
69,345‌
42,685‌
53,833‌
Professional
fees
59,347‌
36,863‌
34,936‌
34,238‌
Shareholder
reporting
expenses
121,449‌
207,794‌
112,935‌
26,036‌
Shareholder
servicing
agent
fees
5,062‌
4,929‌
150‌
41,752‌
Trustees
fees
1,155,187‌
1,602,869‌
163,033‌
475,832‌
12b-1
distribution
and
service
fees
9,189‌
15,690‌
68,315‌
48,323‌
Other
186,921‌
65,805‌
168,155‌
18,933‌
Total
liabilities
564,774,755‌
345,634,691‌
559,802,473‌
471,560,168‌
Net
assets
$
26,285,517,735‌
$
10,810,418,759‌
$
6,814,463,655‌
$
4,821,115,690‌
NET
ASSETS
CONSIST
OF:
Paid-in
capital
$
28,160,875,382‌
$
11,993,771,602‌
$
7,677,291,615‌
$
5,433,305,039‌
Total
distributable
earnings
(loss)
(1,875,357,647‌)
(1,183,352,843‌)
(862,827,960‌)
(612,189,349‌)
Net
assets
$
26,285,517,735‌
$
10,810,418,759‌
$
6,814,463,655‌
$
4,821,115,690‌
§
Consolidated
Statement
of
Assets
and
Liabilities
(see
Notes
to
Financial
Statements)
*
Includes
securities
loaned
of
$
216,694,305‌
$
126,298,673‌
$
124,621,058‌
$
304,994,200‌
Long-term
investments,
cost
$
27,669,867,620‌
$
11,011,175,592‌
$
6,907,976,763‌
$
4,869,517,447‌
#
Short-term
investments,
cost
220,433,398‌
148,034,979‌
78,588,702‌
119,095,918‌
^
Cash
denominated
in
foreign
currencies,
cost
$
–‌
$
–‌
$
–‌
$
3‌
See
Notes
to
Financial
Statements
327
8.5
5–15
Year
Laddered
Tax
Exempt
Bond
8.6
Green
Bond
§
8.7
High
Yield
8.9
Short
Duration
Impact
Bond
9.01
Short
Term
Bond
9.1
Short
Term
Bond
Index
9.2
Money
Market
$
210,525,795‌
$
163,323,495‌
$
1,983,405,716‌
$
76,376,432‌
$
1,826,180,947‌
$
2,205,944,808‌
$
–‌
2,032,605‌
1,900,000‌
66,978,152‌
1,425,000‌
32,556,764‌
57,704,755‌
2,105,744,109‌
–‌
–‌
59,204,186‌
255,187‌
2,114,578‌
5,702,773‌
–‌
97,504‌
41,519‌
–‌
20,609‌
379,317‌
738‌
2,331‌
–‌
–‌
–‌
–‌
–‌
–‌
–‌
–‌
–‌
–‌
–‌
–‌
–‌
–‌
–‌
–‌
–‌
–‌
–‌
–‌
–‌
–‌
–‌
–‌
–‌
–‌
–‌
–‌
2,565,981‌
1,364,703‌
34,485,005‌
522,470‌
11,423,355‌
20,851,141‌
2,853,180‌
–‌
556,625‌
24,103,160‌
4,467,702‌
95,458,534‌
–‌
–‌
–‌
–‌
–‌
–‌
–‌
446‌
–‌
11,387‌
22,205‌
121,195‌
16,256‌
194,006‌
73,850‌
–‌
799‌
97,897‌
1,985,432‌
–‌
9,997,583‌
26,702,043‌
4,446,613‌
–‌
–‌
–‌
–‌
–‌
–‌
–‌
92,319‌
32,851‌
540,816‌
32,072‌
276,625‌
35,617‌
–‌
215,326,390‌
167,339,295‌
2,170,823,662‌
83,115,728‌
1,978,581,709‌
2,317,016,171‌
2,113,046,233‌
6,026‌
8,695‌
12,986‌
8,598‌
12,001‌
11,681‌
12,299‌
–‌
–‌
–‌
–‌
34‌
–‌
–‌
–‌
–‌
8,044,489‌
–‌
–‌
–‌
–‌
44,070‌
54,339‌
572,181‌
18,792‌
374,160‌
89,946‌
173,224‌
–‌
–‌
59,204,186‌
255,187‌
2,114,578‌
5,702,773‌
–‌
43,990‌
253,825‌
2,520,129‌
93,824‌
4,128,229‌
4,808,595‌
22,260‌
–‌
–‌
–‌
–‌
–‌
–‌
–‌
–‌
199,490‌
11,586,766‌
5,291,273‌
103,869,264‌
79,273,717‌
9,035,944‌
–‌
250,000‌
42,779,434‌
300,000‌
–‌
–‌
–‌
31,629‌
142,687‌
6,862,556‌
82,078‌
534,281‌
25,889‌
2,372,720‌
150‌
17,661‌
45,377‌
1,503‌
104,470‌
165,783‌
138,232‌
–‌
–‌
–‌
–‌
221,625‌
–‌
–‌
–‌
–‌
–‌
–‌
–‌
–‌
–‌
–‌
–‌
–‌
–‌
–‌
–‌
–‌
9,209‌
9,699‌
10,652‌
7,888‌
12,311‌
26,861‌
11,944‌
18,807‌
30,166‌
32,993‌
24,759‌
27,547‌
27,381‌
21,536‌
3,222‌
9,561‌
77,556‌
1,634‌
24,837‌
8,267‌
13,603‌
16,763‌
1,214‌
22,110‌
261‌
20,859‌
779‌
74,695‌
89,558‌
1,265‌
499,049‌
782‌
267,732‌
25,518‌
(8,593‌)
42,391‌
1,569‌
44,333‌
769‌
23,570‌
552‌
66,105‌
728‌
1,014‌
14,275‌
–‌
14,224‌
24,034‌
18,293‌
306,543‌
981,185‌
132,329,072‌
6,087,348‌
111,749,722‌
90,191,776‌
11,952,262‌
$
215,019,847‌
$
166,358,110‌
$
2,038,494,590‌
$
77,028,380‌
$
1,866,831,987‌
$
2,226,824,395‌
$
2,101,093,971‌
$
229,149,478‌
$
177,132,817‌
$
2,510,203,503‌
$
77,794,898‌
$
1,910,174,514‌
$
2,256,322,989‌
$
2,100,973,405‌
(14,129,631‌)
(10,774,707‌)
(471,708,913‌)
(766,518‌)
(43,342,527‌)
(29,498,594‌)
120,566‌
$
215,019,847‌
$
166,358,110‌
$
2,038,494,590‌
$
77,028,380‌
$
1,866,831,987‌
$
2,226,824,395‌
$
2,101,093,971‌
$
–‌
$
–‌
$
63,447,207‌
$
249,888‌
$
2,016,999‌
$
5,538,155‌
$
–‌
$
208,328,038‌
$
167,889,472‌
$
1,994,958,538‌
$
76,408,625‌
$
1,827,972,201‌
$
2,176,814,338‌
$
–‌
2,032,622‌
1,900,000‌
66,977,324‌
1,425,000‌
32,558,073‌
57,711,683‌
2,105,744,109‌
$
–‌
$
–‌
$
–‌
$
–‌
$
–‌
$
–‌
$
–‌
Statement
of
Assets
and
Liabilities
(continued)
See
Notes
to
Financial
Statements
328
(continued)
(continued)
Statement
of
Assets
and
Liabilities
(continued)
September
30,
2024
(Unaudited)
8.1
Bond
Index
8.2
Core
Bond
8.3
Core
Impact
Bond
§
8.4
Core
Plus
Bond
CLASS
A:
Net
assets
$
28,476,126‌
$
73,370,153‌
$
324,859,216‌
$
232,975,430‌
Shares
outstanding
2,881,626‌
7,683,522‌
35,297,437‌
24,696,391‌
Net
asset
value
("NAV")
per
share
$
9.88‌
$
9.55‌
$
9.20‌
$
9.43‌
Maximum
sales
charge
3.75%
3.75%
3.75%
3.75%
Offering
price
per
share
(NAV
per
share
plus
maximum
sales
charge)
$
10.26‌
$
9.92‌
$
9.56‌
$
9.80‌
CLASS
I:
Net
assets
$
27,078,107‌
$
715,659,422‌
$
1,051,985,752‌
$
84,884,806‌
Shares
outstanding
2,741,383‌
76,219,237‌
114,183,143‌
9,007,856‌
NAV
and
offering
price
per
share
$
9.88‌
$
9.39‌
$
9.21‌
$
9.42‌
PREMIER
CLASS:
Net
assets
$
27,437,471‌
$
12,352,802‌
$
12,004,754‌
$
4,068,729‌
Shares
outstanding
2,778,338‌
1,316,062‌
1,303,479‌
432,283‌
NAV
and
offering
price
per
share
$
9.88‌
$
9.39‌
$
9.21‌
$
9.41‌
CLASS
R6:
Net
assets
$
11,239,567,886‌
$
5,614,414,459‌
$
5,215,108,070‌
$
1,606,891,586‌
Shares
outstanding
1,137,994,215‌
598,417,537‌
566,327,008‌
170,660,747‌
NAV
and
offering
price
per
share
$
9.88‌
$
9.38‌
$
9.21‌
$
9.42‌
RETIREMENT
CLASS:
Net
assets
$
521,042,336‌
$
141,514,614‌
$
210,505,863‌
$
274,540,089‌
Shares
outstanding
52,730,260‌
14,804,535‌
22,853,277‌
29,123,560‌
NAV
and
offering
price
per
share
$
9.88‌
$
9.56‌
$
9.21‌
$
9.43‌
CLASS
W:
Net
assets
$
14,441,915,809‌
$
4,253,107,309‌
$
–‌
$
2,617,755,050‌
Shares
outstanding
1,462,024,423‌
453,271,211‌
–‌
278,024,420‌
NAV
and
offering
price
per
share
$
9.88‌
$
9.38‌
$
–‌
$
9.42‌
Authorized
shares
-
per
class
Unlimited
Unlimited
Unlimited
Unlimited
Par
value
per
share
$
0.0001‌
$
0.0001‌
$
0.0001‌
$
0.0001‌
See
Notes
to
Financial
Statements
329
8.5
5–15
Year
Laddered
Tax
Exempt
Bond
8.6
Green
Bond
§
8.7
High
Yield
8.9
Short
Duration
Impact
Bond
9.01
Short
Term
Bond
9.1
Short
Term
Bond
Index
9.2
Money
Market
$
206,382,687‌
$
7,121,108‌
$
210,051,391‌
$
3,145,044‌
$
113,648,194‌
$
2,519,753‌
$
300,299,167‌
20,839,947‌
764,602‌
23,501,799‌
323,601‌
11,163,436‌
259,448‌
300,260,338‌
$
9.90‌
$
9.31‌
$
8.94‌
$
9.72‌
$
10.18‌
$
9.71‌
$
1.00‌
3.00%
3.75%
4.75%
2.50%
2.50%
2.50%
–%
$
10.21‌
$
9.67‌
$
9.39‌
$
9.97‌
$
10.44‌
$
9.96‌
$
1.00‌
$
336,141‌
$
38,140,069‌
$
3,958,583‌
$
2,027,872‌
$
188,549,992‌
$
513,856‌
$
43,672,827‌
34,012‌
4,097,589‌
445,257‌
208,857‌
18,539,815‌
52,912‌
43,670,344‌
$
9.88‌
$
9.31‌
$
8.89‌
$
9.71‌
$
10.17‌
$
9.71‌
$
1.00‌
$
–‌
$
931,218‌
$
6,856,402‌
$
971,909‌
$
2,076,963‌
$
306,116‌
$
44,289,788‌
–‌
100,000‌
769,670‌
100,000‌
203,997‌
31,528‌
44,278,560‌
$
–‌
$
9.31‌
$
8.91‌
$
9.72‌
$
10.18‌
$
9.71‌
$
1.00‌
$
8,301,019‌
$
105,686,274‌
$
1,197,166,299‌
$
65,066,875‌
$
492,921,365‌
$
60,892,963‌
$
1,088,846,115‌
839,003‌
11,348,861‌
134,524,641‌
6,694,962‌
48,449,484‌
6,266,529‌
1,088,752,573‌
$
9.89‌
$
9.31‌
$
8.90‌
$
9.72‌
$
10.17‌
$
9.72‌
$
1.00‌
$
–‌
$
14,479,441‌
$
212,750,210‌
$
5,816,680‌
$
139,394,055‌
$
815,137,208‌
$
623,986,074‌
–‌
1,554,731‌
23,900,642‌
598,
382‌
13,685,977‌
83,893,696‌
623,940,115‌
$
–‌
$
9.31‌
$
8.90‌
$
9.72‌
$
10.19‌
$
9.72‌
$
1.00‌
$
–‌
$
–‌
$
407,711,705‌
$
–‌
$
930,241,418‌
$
1,347,454,499‌
$
–‌
–‌
–‌
45,812,545‌
–‌
91,445,552‌
138,671,478‌
–‌
$
–‌
$
–‌
$
8.90‌
$
–‌
$
10.17‌
$
9.72‌
$
–‌
Unlimited
Unlimited
Unlimited
Unlimited
Unlimited
Unlimited
Unlimited
$
0.0001‌
$
0.0001‌
$
0.0001‌
$
0.0001‌
$
0.0001‌
$
0.0001‌
$
0.0001‌
Statement
of
Operations
See
Notes
to
Financial
Statements
330
Six
Months
Ended
September
30,
2024
(Unaudited)
8.1
Bond
Index
8.2
Core
Bond
8.3
Core
Impact
Bond
8.4
Core
Plus
Bond
8.5
5–15
Year
Laddered
Tax
Exempt
Bond
INVESTMENT
INCOME
Dividends
§
$
–‌
$
419,955‌
$
1,365,430‌
$
186,349‌
$
–‌
Interest
422,865,575‌
237,955,098‌
149,727,916‌
117,426,059‌
3,736,159‌
Securities
lending
income,
net
607,189‌
389,821‌
447,456‌
844,532‌
–‌
Tax
withheld
–‌
(
8,707‌
)
(
78,499‌
)
–‌
–‌
Total
investment
income
423,472,764‌
238,756,167‌
151,462,303‌
118,456,940‌
3,736,159‌
EXPENSES
Management
fees
7,319,498‌
14,087,699‌
10,669,825‌
6,747,013‌
270,235‌
12b-1
distribution
and
service
fees
Class
A
34,308‌
90,345‌
366,964‌
283,512‌
259,939‌
12b-1
distribution
and
service
fees
Premier
Class
20,235‌
2,676‌
9,254‌
2,536‌
–‌
Shareholder
servicing
agent
fees
Class
A
15,830‌
21,529‌
17,735‌
86,366‌
33,634‌
Shareholder
servicing
agent
fees
Class
I
13,241‌
476,384‌
397,861‌
33,979‌
176‌
Shareholder
servicing
agent
fees
Premier
Class
57‌
43‌
1,411‌
32‌
–‌
Shareholder
servicing
agent
fees
Class
R6
3,048‌
2,331‌
6,250‌
1,601‌
79‌
Shareholder
servicing
agent
fees
Retirement
Class
618,190‌
170,657‌
266,732‌
337,046‌
–‌
Shareholder
servicing
agent
fees
Class
W
3,395‌
1,153‌
–‌
766‌
–‌
Administrative
service
fees
124,989‌
69,866‌
50,974‌
49,048‌
18,288‌
Trustees
fees
54,204‌
21,672‌
14,518‌
10,859‌
988‌
Custodian
expenses
506,476‌
137,361‌
81,791‌
106,202‌
17,940‌
Overdraft
expense
296‌
59‌
16,109‌
–‌
147‌
Professional
fees
57,918‌
37,658‌
35,853‌
34,582‌
18,426‌
Registration
fees
89,219‌
58,188‌
103,742‌
38,997‌
26,129‌
Shareholder
reporting
expenses
140,716‌
197,482‌
113,000‌
30,143‌
8,268‌
Other
285,321‌
87,253‌
423,412‌
37,181‌
4,442‌
Total
expenses
9,286,941‌
15,462,356‌
12,575,431‌
7,799,863‌
658,691‌
Expenses
reimbursed
by
the
investment
adviser
(
4,748,720‌
)
(
5,954,981‌
)
–‌
(
3,854,960‌
)
(
43,917‌
)
Fee
waiver
by
investment
adviser
and
Nuveen
Securities
–‌
(
8,356‌
)
–‌
(
4,178‌
)
–‌
Net
expenses
4,538,221‌
9,499,019‌
12,575,431‌
3,940,725‌
614,774‌
Net
investment
income
(loss)
418,934,543‌
229,257,148‌
138,886,872‌
114,516,215‌
3,121,385‌
REALIZED
AND
UNREALIZED
GAIN
(LOSS)
Realized
gain
(loss):
Investments
(
32,176,667‌
)
(
42,019,206‌
)
(
23,994,649‌
)
(
60,811,820‌
)
(
5,078,893‌
)
Futures
contracts
–‌
(
20,096‌
)
–‌
(
20,377‌
)
–‌
Swap
contracts
–‌
(
2,309,008‌
)
–‌
(
727,061‌
)
–‌
Foreign
currency
transactions
5,988‌
(
1,650,264‌
)
215,730‌
(
740,166‌
)
518‌
Net
realized
gain
(loss)
(
32,170,679‌
)
(
45,998,574‌
)
(
23,778,919‌
)
(
62,299,424‌
)
(
5,078,375‌
)
Change
in
unrealized
appreciation
(depreciation)
on:
Investments
913,025,621‌
378,790,727‌
235,338,821‌
210,155,561‌
6,333,358‌
Futures
contracts
–‌
–‌
–‌
–‌
–‌
Forward
foreign
currency
contracts
–‌
(
98,763‌
)
(
145,408‌
)
(
58,727‌
)
–‌
Swap
contracts
–‌
(
418,294‌
)
–‌
(
205,513‌
)
–‌
Foreign
currency
translations
–‌
(
115,220‌
)
(
293,565‌
)
(
44,168‌
)
–‌
Net
change
in
unrealized
appreciation
(depreciation)
913,025,621‌
378,158,450‌
234,899,848‌
209,847,153‌
6,333,358‌
Net
realized
and
unrealized
gain
(loss)
880,854,942‌
332,159,876‌
211,120,929‌
147,547,729‌
1,254,983‌
Net
increase
(decrease)
in
net
assets
from
operations
$
1,299,789,485‌
$
561,417,024‌
$
350,007,801‌
$
262,063,944‌
$
4,376,368‌
§
Consolidated
Statement
of
Operations
(see
Notes
to
Financial
Statements)
Net
of
change
in
unrealized
foreign
capital
gains
taxes
$
–‌
$
(
2,604‌
)
$
–‌
$
–‌
$
–‌
See
Notes
to
Financial
Statements
331
8.6
Green
Bond
8.7
High
Yield
8.9
Short
Duration
Impact
Bond
9.01
Short
Term
Bond
9.1
Short
Term
Bond
Index
9.2
Money
Market
$
31,281‌
$
1,544,250‌
$
–‌
$
–‌
$
–‌
$
–‌
3,921,972‌
66,728,505‌
1,919,213‌
43,113,551‌
46,068,910‌
55,701,943‌
887‌
227,306‌
199‌
7,381‌
9,763‌
–‌
(
1,122‌
)
–‌
(
14‌
)
–‌
–‌
–‌
3,953,018‌
68,500,061‌
1,919,398‌
43,120,932‌
46,078,673‌
55,701,943‌
319,898‌
3,436,815‌
114,910‌
2,300,494‌
520,568‌
1,048,383‌
8,974‌
261,396‌
3,957‌
141,409‌
3,007‌
376,809‌
683‌
6,983‌
722‌
1,681‌
246‌
29,726‌
2,103‌
46,475‌
498‌
35,488‌
1,611‌
142,116‌
17,518‌
2,188‌
345‌
84,240‌
315‌
9,979‌
20‌
38‌
20‌
28‌
34‌
52‌
102‌
2,221‌
72‌
1,042‌
334‌
391‌
17,340‌
262,429‌
8,298‌
206,442‌
937,156‌
791,204‌
–‌
329‌
–‌
344‌
385‌
–‌
26,855‌
38,052‌
26,505‌
37,581‌
38,804‌
34,393‌
393‌
4,390‌
165‌
3,668‌
4,917‌
5,183‌
19,064‌
22,060‌
15,991‌
23,094‌
59,846‌
28,969‌
316‌
5,312‌
24‌
256‌
1,274‌
–‌
29,684‌
32,229‌
24,254‌
27,134‌
27,003‌
26,377‌
29,771‌
45,580‌
30,966‌
43,480‌
76,268‌
59,937‌
11,339‌
54,899‌
6,244‌
22,746‌
20,564‌
25,773‌
10,117‌
15,568‌
7,913‌
21,372‌
36,904‌
3,575‌
494,177‌
4,236,964‌
240,884‌
2,950,499‌
1,729,236‌
2,582,867‌
(
86,128‌
)
(
734,188‌
)
(
92,605‌
)
(
1,210,007‌
)
(
472,928‌
)
–‌
–‌
–‌
–‌
–‌
–‌
–‌
408,049‌
3,502,776‌
148,279‌
1,740,492‌
1,256,308‌
2,582,867‌
3,544,969‌
64,997,285‌
1,771,119‌
41,380,440‌
44,822,365‌
53,119,076‌
(
1,205,627‌
)
(
7,579,807‌
)
170,644‌
5,274,044‌
(
5,291,439‌
)
89,822‌
–‌
–‌
–‌
715,859‌
–‌
–‌
–‌
–‌
–‌
–‌
–‌
–‌
–‌
19,805‌
–‌
7,155‌
3,207‌
3,151‌
(
1,205,627‌
)
(
7,560,002‌
)
170,644‌
5,997,058‌
(
5,288,232‌
)
92,973‌
5,137,046‌
52,673,284‌
1,030,254‌
28,927,556‌
41,632,609‌
–‌
–‌
–‌
–‌
457,510‌
–‌
–‌
–‌
–‌
–‌
–‌
–‌
–‌
–‌
–‌
–‌
–‌
–‌
–‌
–‌
–‌
–‌
–‌
–‌
–‌
5,137,046‌
52,673,284‌
1,030,254‌
29,385,066‌
41,632,609‌
–‌
3,931,419‌
45,113,282‌
1,200,898‌
35,382,124‌
36,344,377‌
92,973‌
$
7,476,388‌
$
110,110,567‌
$
2,972,017‌
$
76,762,564‌
$
81,166,742‌
$
53,212,049‌
$
–‌
$
–‌
$
–‌
$
–‌
$
–‌
$
–‌
Statement
of
Changes
in
Net
Assets
See
Notes
to
Financial
Statements
332
8.1
Bond
Index
8.2
Core
Bond
Unaudited
Six
Months
Ended
9/30/24
Year
Ended
3/31/24
Unaudited
Six
Months
Ended
9/30/24
Year
Ended
3/31/24
OPERATIONS
Net
investment
income
(loss)
$
418,934,543‌
$
676,145,294‌
$
229,257,148‌
$
408,170,025‌
Net
realized
gain
(loss)
(32,170,679‌)
(81,222,343‌)
(45,998,574‌)
(201,164,190‌)
Net
change
in
unrealized
appreciation
(depreciation)
913,025,621‌
(206,131,743‌)
378,158,450‌
99,437,908‌
Net
increase
(decrease)
in
net
assets
from
operations
1,299,789,485‌
388,791,208‌
561,417,024‌
306,443,743‌
DISTRIBUTIONS
TO
SHAREHOLDERS
–‌
–‌
–‌
–‌
Dividends:
Class
A
(416,289‌)
(755,316‌)
(1,448,991‌)
(2,780,120‌)
Class
I
(435,501‌)
(784,005‌)
(14,350,752‌)
(25,327,335‌)
Premier
Class
(438,376‌)
(737,754‌)
(75,692‌)
(164,999‌)
Class
R6
(173,881,944‌)
(291,349,797‌)
(112,531,539‌)
(195,082,646‌)
Retirement
Class
(7,784,392‌)
(14,192,796‌)
(2,777,125‌)
(4,774,776‌)
Class
W
(235,940,163‌)
(368,253,949‌)
(96,875,157‌)
(168,924,929‌)
Total
distributions
(418,896,665‌)
(676,073,617‌)
(228,059,256‌)
(397,054,805‌)
FUND
SHARE
TRANSACTIONS
Subscriptions
2,928,269,106‌
5,159,333,860‌
1,333,720,304‌
2,367,607,244‌
Reinvestments
of
distributions
179,108,241‌
300,223,745‌
120,627,394‌
200,006,172‌
Redemptions
(1,313,626,379‌)
(2,394,561,171‌)
(1,035,601,301‌)
(1,748,819,913‌)
Net
increase
(decrease)
from
Fund
share
transactions
1,793,750,968‌
3,064,996,434‌
418,746,397‌
818,793,503‌
Net
increase
(decrease)
in
net
assets
2,674,643,788‌
2,777,714,025‌
752,104,165‌
728,182,441‌
Net
assets
at
the
beginning
of
period
23,610,873,947‌
20,833,159,922‌
10,058,314,594‌
9,330,132,153‌
Net
assets
at
the
end
of
period
$
26,285,517,735‌
$
23,610,873,947‌
$
10,810,418,759‌
$
10,058,314,594‌
§
Consolidated
Statement
of
Changes
in
Net
Assets
(see
Notes
to
Financial
Statements)
See
Notes
to
Financial
Statements
333
8.3
Core
Impact
Bond
§
8.4
Core
Plus
Bond
8.5
5–15
Year
Laddered
Tax
Exempt
Bond
8.6
Green
Bond
§
Unaudited
Six
Months
Ended
9/30/24
Year
Ended
3/31/24
Unaudited
Six
Months
Ended
9/30/24
Year
Ended
3/31/24
Unaudited
Six
Months
Ended
9/30/24
Year
Ended
3/31/24
Unaudited
Six
Months
Ended
9/30/24
Year
Ended
3/31/24
$
138,886,872‌
$
240,777,881‌
$
114,516,215‌
$
212,245,838‌
$
3,121,385‌
$
5,527,132‌
$
3,544,969‌
$
5,862,197‌
(23,778,919‌)
(189,868,801‌)
(62,299,424‌)
(97,566,671‌)
(5,078,375‌)
(9,282,567‌)
(1,205,627‌)
(2,289,499‌)
234,899,848‌
111,821,162‌
209,847,153‌
57,544,404‌
6,333,358‌
9,707,237‌
5,137,046‌
721,808‌
350,007,801‌
162,730,242‌
262,063,944‌
172,223,571‌
4,376,368‌
5,951,802‌
7,476,388‌
4,294,506‌
–‌
–‌
–‌
–‌
–‌
–‌
–‌
–‌
(5,975,065‌)
(9,502,826‌)
(4,898,939‌)
(9,126,155‌)
(2,988,396‌)
(5,291,216‌)
(150,047‌)
(277,620‌)
(22,309,637‌)
(40,319,601‌)
(1,793,512‌)
(3,585,913‌)
(5,251‌)
(10,861‌)
(805,127‌)
(1,600,890‌)
(257,235‌)
(528,330‌)
(75,977‌)
(183,385‌)
–‌
–‌
(19,752‌)
(36,021‌)
(106,248,194‌)
(182,548,631‌)
(36,349,773‌)
(64,332,363‌)
(127,667‌)
(227,471‌)
(2,277,405‌)
(3,440,246‌)
(4,353,074‌)
(8,981,442‌)
(5,924,671‌)
(11,615,916‌)
–‌
–‌
(292,917‌)
(527,711‌)
–‌
–‌
(64,251,065‌)
(112,277,933‌)
–‌
–‌
–‌
–‌
(139,143,205‌)
(241,880,830‌)
(113,293,937‌)
(201,121,665‌)
(3,121,314‌)
(5,529,548‌)
(3,545,248‌)
(5,882,488‌)
973,923,096‌
1,885,268,213‌
344,616,763‌
830,859,738‌
4,079,443‌
8,472,343‌
13,187,008‌
37,769,015‌
110,933,500‌
189,317,510‌
30,079,575‌
55,532,199‌
2,851,872‌
5,082,701‌
2,018,971‌
3,092,068‌
(791,322,204‌)
(1,790,965,829‌)
(458,642,888‌)
(606,399,433‌)
(15,590,848‌)
(28,663,480‌)
(9,461,836‌)
(26,372,148‌)
293,534,392‌
283,619,894‌
(83,946,550‌)
279,992,504‌
(8,659,533‌)
(15,108,436‌)
5,744,143‌
14,488,935‌
504,398,988‌
204,469,306‌
64,823,457‌
251,094,410‌
(7,404,479‌)
(14,686,182‌)
9,675,283‌
12,900,953‌
6,310,064,667‌
6,105,595,361‌
4,756,292,233‌
4,505,197,823‌
222,424,326‌
237,110,508‌
156,682,827‌
143,781,874‌
$
6,814,463,655‌
$
6,310,064,667‌
$
4,821,115,690‌
$
4,756,292,233‌
$
215,019,847‌
$
222,424,326‌
$
166,358,110‌
$
156,682,827‌
Statement
of
Changes
in
Net
Assets
(continued)
See
Notes
to
Financial
Statements
334
(continued)
(continued)
Statement
of
Changes
in
Net
Assets
(continued)
8.7
High
Yield
8.9
Short
Duration
Impact
Bond
Unaudited
Six
Months
Ended
9/30/24
Year
Ended
3/31/24
Unaudited
Six
Months
Ended
9/30/24
Year
Ended
3/31/24
OPERATIONS
Net
investment
income
(loss)
$
64,997,285‌
$
129,816,820‌
$
1,771,119‌
$
3,087,369‌
Net
realized
gain
(loss)
(7,560,002‌)
(100,708,906‌)
170,644‌
(164,600‌)
Net
change
in
unrealized
appreciation
(depreciation)
52,673,284‌
173,486,086‌
1,030,254‌
161,272‌
Net
increase
(decrease)
in
net
assets
from
operations
110,110,567‌
202,594,000‌
2,972,017‌
3,084,041‌
DISTRIBUTIONS
TO
SHAREHOLDERS
–‌
–‌
–‌
–‌
Dividends:
Class
A
(6,504,053‌)
(12,822,845‌)
(69,255‌)
(128,439‌)
Class
I
(128,607‌)
(329,715‌)
(45,042‌)
(75,051‌)
Premier
Class
(291,747‌)
(817,536‌)
(21,691‌)
(39,984‌)
Class
R6
(37,756,019‌)
(76,149,838‌)
(1,489,610‌)
(2,589,154‌)
Retirement
Class
(6,565,085‌)
(13,088,575‌)
(145,295‌)
(254,903‌)
Class
W
(13,804,469‌)
(26,623,978‌)
–‌
–‌
Total
distributions
(65,049,980‌)
(129,832,487‌)
(1,770,893‌)
(3,087,531‌)
FUND
SHARE
TRANSACTIONS
Subscriptions
238,895,872‌
524,846,613‌
8,528,231‌
23,511,732‌
Reinvestments
of
distributions
49,649,199‌
93,011,204‌
1,213,660‌
2,056,709‌
Redemptions
(285,880,627‌)
(1,103,481,492‌)
(9,794,742‌)
(19,366,939‌)
Net
increase
(decrease)
from
Fund
share
transactions
2,664,444‌
(485,623,675‌)
(52,851‌)
6,201,502‌
Net
increase
(decrease)
in
net
assets
47,725,031‌
(412,862,162‌)
1,148,273‌
6,198,012‌
Net
assets
at
the
beginning
of
period
1,990,769,559‌
2,403,631,721‌
75,880,107‌
69,682,095‌
Net
assets
at
the
end
of
period
$
2,038,494,590‌
$
1,990,769,559‌
$
77,028,380‌
$
75,880,107‌
§
Consolidated
Statement
of
Changes
in
Net
Assets
(see
Notes
to
Financial
Statements)
See
Notes
to
Financial
Statements
335
9.01
Short
Term
Bond
9.1
Short
Term
Bond
Index
9.2
Money
Market
Unaudited
Six
Months
Ended
9/30/24
Year
Ended
3/31/24
Unaudited
Six
Months
Ended
9/30/24
Year
Ended
3/31/24
Unaudited
Six
Months
Ended
9/30/24
Year
Ended
3/31/24
$
41,380,440‌
$
75,045,358‌
$
44,822,365‌
$
62,753,459‌
$
53,119,076‌
$
99,983,452‌
5,997,058‌
(25,336,903‌)
(5,288,232‌)
(24,385,596‌)
92,973‌
27,621‌
29,385,066‌
38,799,387‌
41,632,609‌
20,628,988‌
–‌
–‌
76,762,564‌
88,507,842‌
81,166,742‌
58,996,851‌
53,212,049‌
100,011,073‌
–‌
–‌
–‌
–‌
–‌
–‌
(2,269,841‌)
(4,089,679‌)
(47,745‌)
(82,962‌)
(7,305,555‌)
(14,281,090‌)
(3,898,958‌)
(7,361,277‌)
(10,644‌)
(19,991‌)
(1,168,486‌)
(1,942,999‌)
(46,707‌)
(116,334‌)
(6,855‌)
(14,310‌)
(1,000,694‌)
(2,044,951‌)
(10,596,343‌)
(20,438,576‌)
(1,438,609‌)
(2,736,085‌)
(28,013,936‌)
(52,085,254‌)
(3,352,364‌)
(6,901,049‌)
(15,379,577‌)
(18,660,925‌)
(15,633,555‌)
(29,631,070‌)
(21,173,449‌)
(36,222,884‌)
(27,943,171‌)
(41,240,164‌)
–‌
–‌
(41,337,662‌)
(75,129,799‌)
(44,826,601‌)
(62,754,437‌)
(53,122,226‌)
(99,985,364‌)
248,758,139‌
431,661,050‌
285,720,066‌
585,111,175‌
370,527,870‌
813,404,690‌
15,839,738‌
26,956,163‌
16,855,694‌
21,498,929‌
52,959,358‌
99,644,437‌
(288,669,903‌)
(616,354,986‌)
(108,364,762‌)
(179,901,586‌)
(381,483,205‌)
(755,336,171‌)
(24,072,026‌)
(157,737,773‌)
194,210,998‌
426,708,518‌
42,004,023‌
157,712,956‌
11,352,876‌
(144,359,730‌)
230,551,139‌
422,950,932‌
42,093,846‌
157,738,665‌
1,855,479,111‌
1,999,838,841‌
1,996,273,256‌
1,573,322,324‌
2,059,000,125‌
1,901,261,460‌
$
1,866,831,987‌
$
1,855,479,111‌
$
2,226,824,395‌
$
1,996,273,256‌
$
2,101,093,971‌
$
2,059,000,125‌
Financial
Highlights
See
Notes
to
Financial
Statements
336
The
following
data
is
for
a
share outstanding
for
each
fiscal year
end
unless
otherwise
noted:
Investment
Operations
Less
Distributions
Net
Asset
Value,
Beginning
of
Period
Net
Investment
Income
(Loss)
a
Net
Realized/
Unrealized
Gain
(Loss)
Total
From
Net
Investment
Income
From
Net
Realized
Gains
Total
Net
Asset
Value,
End
of
Period
8.1
Bond
Index
Class
A:
9/30/24
#
$
9.54‌
$
0.15‌
$
0.34‌
$
0.49‌
$
(0.15‌)
$
—‌
$
(0.15‌)
$
9.88‌
3/31/24
9.68‌
0.26‌
(0.14‌)
0.12‌
(0.26‌)
—‌
(0.26‌)
9.54‌
3/31/23
10.45‌
0.22‌
(0.77‌)
(0.55‌)
(0.22‌)
(0.00‌)
d
(0.22‌)
9.68‌
3/31/22
11.15‌
0.18‌
(0.68‌)
(0.50‌)
(0.18‌)
(0.02‌)
(0.20‌)
10.45‌
3/31/21
11.41‌
0.21‌
(0.17‌)
0.04‌
(0.21‌)
(0.09‌)
(0.30‌)
11.15‌
3/31/20
10.77‌
0.25‌
0.64‌
0.89‌
(0.25‌)
—‌
(0.25‌)
11.41‌
Class
I:
9/30/24
#
9.54‌
0.16‌
0.34‌
0.50‌
(0.16‌)
—‌
(0.16‌)
9.88‌
3/31/24
9.67‌
0.28‌
(0.13‌)
0.15‌
(0.28‌)
—‌
(0.28‌)
9.54‌
3/31/23
10.44‌
0.24‌
(0.77‌)
(0.53‌)
(0.24‌)
(0.00‌)
d
(0.24‌)
9.67‌
3/31/22
11.14‌
0.20‌
(0.68‌)
(0.48‌)
(0.20‌)
(0.02‌)
(0.22‌)
10.44‌
3/31/21
11.41‌
0.23‌
(0.18‌)
0.05‌
(0.23‌)
(0.09‌)
(0.32‌)
11.14‌
3/31/20
10.76‌
0.27‌
0.66‌
0.93‌
(0.28‌)
—‌
(0.28‌)
11.41‌
Premier
Class:
9/30/24
#
9.53‌
0.16‌
0.35‌
0.51‌
(0.16‌)
—‌
(0.16‌)
9.88‌
3/31/24
9.67‌
0.28‌
(0.14‌)
0.14‌
(0.28‌)
—‌
(0.28‌)
9.53‌
3/31/23
10.44‌
0.23‌
(0.77‌)
(0.54‌)
(0.23‌)
(0.00‌)
d
(0.23‌)
9.67‌
3/31/22
11.14‌
0.19‌
(0.68‌)
(0.49‌)
(0.19‌)
(0.02‌)
(0.21‌)
10.44‌
3/31/21
11.40‌
0.22‌
(0.16‌)
0.06‌
(0.23‌)
(0.09‌)
(0.32‌)
11.14‌
3/31/20
10.76‌
0.27‌
0.64‌
0.91‌
(0.27‌)
—‌
(0.27‌)
11.40‌
Class
R6:
9/30/24
#
9.53‌
0.16‌
0.35‌
0.51‌
(0.16‌)
—‌
(0.16‌)
9.88‌
3/31/24
9.67‌
0.29‌
(0.14‌)
0.15‌
(0.29‌)
—‌
(0.29‌)
9.53‌
3/31/23
10.44‌
0.25‌
(0.77‌)
(0.52‌)
(0.25‌)
(0.00‌)
d
(0.25‌)
9.67‌
3/31/22
11.14‌
0.21‌
(0.68‌)
(0.47‌)
(0.21‌)
(0.02‌)
(0.23‌)
10.44‌
3/31/21
11.40‌
0.24‌
(0.17‌)
0.07‌
(0.24‌)
(0.09‌)
(0.33‌)
11.14‌
3/31/20
10.76‌
0.29‌
0.64‌
0.93‌
(0.29‌)
—‌
(0.29‌)
11.40‌
Retirement
Class:
9/30/24
#
9.54‌
0.15‌
0.34‌
0.49‌
(0.15‌)
—‌
(0.15‌)
9.88‌
3/31/24
9.68‌
0.27‌
(0.14‌)
0.13‌
(0.27‌)
—‌
(0.27‌)
9.54‌
3/31/23
10.45‌
0.23‌
(0.77‌)
(0.54‌)
(0.23‌)
(0.00‌)
d
(0.23‌)
9.68‌
3/31/22
11.15‌
0.18‌
(0.68‌)
(0.50‌)
(0.18‌)
(0.02‌)
(0.20‌)
10.45‌
3/31/21
11.41‌
0.21‌
(0.17‌)
0.04‌
(0.21‌)
(0.09‌)
(0.30‌)
11.15‌
3/31/20
10.77‌
0.26‌
0.64‌
0.90‌
(0.26‌)
—‌
(0.26‌)
11.41‌
Class
W:
9/30/24
#
9.54‌
0.17‌
0.34‌
0.51‌
(0.17‌)
—‌
(0.17‌)
9.88‌
3/31/24
9.67‌
0.30‌
(0.13‌)
0.17‌
(0.30‌)
—‌
(0.30‌)
9.54‌
3/31/23
10.44‌
0.26‌
(0.77‌)
(0.51‌)
(0.26‌)
(0.00‌)
d
(0.26‌)
9.67‌
3/31/22
11.15‌
0.22‌
(0.69‌)
(0.47‌)
(0.22‌)
(0.02‌)
(0.24‌)
10.44‌
3/31/21
11.41‌
0.25‌
(0.16‌)
0.09‌
(0.26‌)
(0.09‌)
(0.35‌)
11.15‌
3/31/20
10.76‌
0.30‌
0.65‌
0.95‌
(0.30‌)
—‌
(0.30‌)
11.41‌
#
Unaudited
a
Based
on
average
shares
outstanding.
b
Total
returns
are
at
NAV
and
do
not
include
any
sales
charge.
Total
returns
are
not
annualized.
c
Percentage
is
annualized.
d
Value
rounded
to
zero.
See
Notes
to
Financial
Statements
337
Ratios
and
Supplemental
Data
Ratios
to
Average
Net
Assets
Total
Return
b
Net
Assets,
End
of
Period
(000)
Gross
Expenses
Net
Expenses
Net
Investment
Income
(Loss)
Portfolio
Turnover
Rate
5.15‌
%
$
28,476‌
0.44‌
%
c
0.44‌
%
c
3.03‌
%
c
7‌
%
1.32‌
27,552‌
0.39‌
0.39‌
2.78‌
14‌
(5.20‌)
27,979‌
0.38‌
0.38‌
2.26‌
20‌
(4.61‌)
31,980‌
0.44‌
0.40‌
1.59‌
18‌
0.24‌
36,033‌
0.42‌
0.42‌
1.78‌
29‌
8.39‌
29,641‌
0.43‌
0.43‌
2.29‌
32‌
5.29‌
27,078‌
0.17‌
c
0.17‌
c
3.30‌
c
7‌
1.65‌
26,194‌
0.17‌
0.17‌
3.00‌
14‌
(5.01‌)
19,339‌
0.17‌
0.17‌
2.49‌
20‌
(4.41‌)
14,176‌
0.19‌
0.19‌
1.79‌
18‌
0.36‌
18,746‌
0.21‌
0.21‌
1.98‌
29‌
8.73‌
17,005‌
0.22‌
0.22‌
2.48‌
32‌
5.37‌
27,437‌
0.22‌
c
0.22‌
c
3.25‌
c
7‌
1.49‌
26,250‌
0.22‌
0.22‌
2.94‌
14‌
(5.05‌)
25,380‌
0.22‌
0.22‌
2.42‌
20‌
(4.46‌)
25,715‌
0.24‌
0.24‌
1.75‌
18‌
0.40‌
28,867‌
0.26‌
0.26‌
1.94‌
29‌
8.58‌
25,927‌
0.27‌
0.27‌
2.46‌
32‌
5.45‌
11,239,568‌
0.07‌
c
0.07‌
c
3.40‌
c
7‌
1.65‌
9,800,915‌
0.07‌
0.07‌
3.10‌
14‌
(4.91‌)
9,131,524‌
0.07‌
0.07‌
2.57‌
20‌
(4.32‌)
9,680,082‌
0.09‌
0.09‌
1.90‌
18‌
0.46‌
9,712,952‌
0.11‌
0.11‌
2.09‌
29‌
8.83‌
10,054,559‌
0.11‌
0.11‌
2.61‌
32‌
5.21‌
521,042‌
0.32‌
c
0.32‌
c
3.15‌
c
7‌
1.39‌
485,743‌
0.32‌
0.32‌
2.84‌
14‌
(5.14‌)
544,533‌
0.32‌
0.32‌
2.31‌
20‌
(4.55‌)
628,526‌
0.34‌
0.34‌
1.65‌
18‌
0.30‌
613,853‌
0.36‌
0.36‌
1.84‌
29‌
8.46‌
449,368‌
0.37‌
0.37‌
2.36‌
32‌
5.38‌
14,441,916‌
0.07‌
c
0.00‌
c
3.47‌
c
7‌
1.83‌
13,244,219‌
0.07‌
0.00‌
3.18‌
14‌
(4.84‌)
11,084,405‌
0.07‌
0.00‌
2.64‌
20‌
(4.32‌)
10,746,686‌
0.09‌
0.00‌
2.00‌
18‌
0.66‌
9,108,797‌
0.11‌
0.00‌
2.19‌
29‌
8.96‌
5,983,462‌
0.11‌
0.00‌
2.72‌
32‌
Financial
Highlights
(continued)
See
Notes
to
Financial
Statements
338
Financial
Highlights
(continued)
The
following
data
is
for
a
share outstanding
for
each
fiscal year
end
unless
otherwise
noted:
Investment
Operations
Less
Distributions
Net
Asset
Value,
Beginning
of
Period
Net
Investment
Income
(Loss)
a
Net
Realized/
Unrealized
Gain
(Loss)
Total
From
Net
Investment
Income
From
Net
Realized
Gains
Total
Net
Asset
Value,
End
of
Period
8.2
Core
Bond
Class
A:
9/30/24
#
$
9.25‌
$
0.19‌
$
0.30‌
$
0.49‌
$
(0.19‌)
$
—‌
$
(0.19‌)
$
9.55‌
3/31/24
9.34‌
0.35‌
(0.10‌)
0.25‌
(0.34‌)
—‌
(0.34‌)
9.25‌
3/31/23
10.15‌
0.28‌
(0.81‌)
(0.53‌)
(0.28‌)
—‌
(0.28‌)
9.34‌
3/31/22
10.84‌
0.18‌
(0.65‌)
(0.47‌)
(0.18‌)
(0.04‌)
(0.22‌)
10.15‌
3/31/21
10.66‌
0.22‌
0.38‌
0.60‌
(0.22‌)
(0.20‌)
(0.42‌)
10.84‌
3/31/20
10.47‌
0.28‌
0.18‌
0.46‌
(0.27‌)
—‌
(0.27‌)
10.66‌
Class
I:
9/30/24
#
9.10‌
0.19‌
0.29‌
0.48‌
(0.19‌)
—‌
(0.19‌)
9.39‌
3/31/24
9.18‌
0.36‌
(0.09‌)
0.27‌
(0.35‌)
—‌
(0.35‌)
9.10‌
3/31/23
9.98‌
0.29‌
(0.80‌)
(0.51‌)
(0.29‌)
—‌
(0.29‌)
9.18‌
3/31/22
10.66‌
0.20‌
(0.64‌)
(0.44‌)
(0.20‌)
(0.04‌)
(0.24‌)
9.98‌
3/31/21
10.49‌
0.24‌
0.36‌
0.60‌
(0.23‌)
(0.20‌)
(0.43‌)
10.66‌
3/31/20
10.30‌
0.29‌
0.19‌
0.48‌
(0.29‌)
—‌
(0.29‌)
10.49‌
Premier
Class:
9/30/24
#
9.09‌
0.19‌
0.30‌
0.49‌
(0.19‌)
—‌
(0.19‌)
9.39‌
3/31/24
9.18‌
0.36‌
(0.10‌)
0.26‌
(0.35‌)
—‌
(0.35‌)
9.09‌
3/31/23
9.97‌
0.29‌
(0.79‌)
(0.50‌)
(0.29‌)
—‌
(0.29‌)
9.18‌
3/31/22
10.65‌
0.19‌
(0.64‌)
(0.45‌)
(0.19‌)
(0.04‌)
(0.23‌)
9.97‌
3/31/21
10.49‌
0.23‌
0.36‌
0.59‌
(0.23‌)
(0.20‌)
(0.43‌)
10.65‌
3/31/20
10.30‌
0.29‌
0.18‌
0.47‌
(0.28‌)
—‌
(0.28‌)
10.49‌
Class
R6:
9/30/24
#
9.09‌
0.20‌
0.29‌
0.49‌
(0.20‌)
—‌
(0.20‌)
9.38‌
3/31/24
9.18‌
0.37‌
(0.10‌)
0.27‌
(0.36‌)
—‌
(0.36‌)
9.09‌
3/31/23
9.97‌
0.30‌
(0.79‌)
(0.49‌)
(0.30‌)
—‌
(0.30‌)
9.18‌
3/31/22
10.65‌
0.21‌
(0.64‌)
(0.43‌)
(0.21‌)
(0.04‌)
(0.25‌)
9.97‌
3/31/21
10.48‌
0.25‌
0.37‌
0.62‌
(0.25‌)
(0.20‌)
(0.45‌)
10.65‌
3/31/20
10.29‌
0.30‌
0.19‌
0.49‌
(0.30‌)
—‌
(0.30‌)
10.48‌
Retirement
Class:
9/30/24
#
9.26‌
0.19‌
0.30‌
0.49‌
(0.19‌)
—‌
(0.19‌)
9.56‌
3/31/24
9.35‌
0.36‌
(0.10‌)
0.26‌
(0.35‌)
—‌
(0.35‌)
9.26‌
3/31/23
10.16‌
0.28‌
(0.81‌)
(0.53‌)
(0.28‌)
—‌
(0.28‌)
9.35‌
3/31/22
10.85‌
0.19‌
(0.65‌)
(0.46‌)
(0.19‌)
(0.04‌)
(0.23‌)
10.16‌
3/31/21
10.67‌
0.23‌
0.37‌
0.60‌
(0.22‌)
(0.20‌)
(0.42‌)
10.85‌
3/31/20
10.48‌
0.28‌
0.19‌
0.47‌
(0.28‌)
—‌
(0.28‌)
10.67‌
Class
W:
9/30/24
#
9.09‌
0.21‌
0.29‌
0.50‌
(0.21‌)
—‌
(0.21‌)
9.38‌
3/31/24
9.18‌
0.40‌
(0.10‌)
0.30‌
(0.39‌)
—‌
(0.39‌)
9.09‌
3/31/23
9.97‌
0.33‌
(0.79‌)
(0.46‌)
(0.33‌)
—‌
(0.33‌)
9.18‌
3/31/22
10.65‌
0.24‌
(0.64‌)
(0.40‌)
(0.24‌)
(0.04‌)
(0.28‌)
9.97‌
3/31/21
10.48‌
0.28‌
0.37‌
0.65‌
(0.28‌)
(0.20‌)
(0.48‌)
10.65‌
3/31/20
10.29‌
0.33‌
0.19‌
0.52‌
(0.33‌)
—‌
(0.33‌)
10.48‌
#
Unaudited
a
Based
on
average
shares
outstanding.
b
Total
returns
are
at
NAV
and
do
not
include
any
sales
charge.
Total
returns
are
not
annualized.
c
Percentage
is
annualized.
f
Does
not
include
in-kind
transactions.
See
Notes
to
Financial
Statements
339
Ratios
and
Supplemental
Data
Ratios
to
Average
Net
Assets
Total
Return
b
Net
Assets,
End
of
Period
(000)
Gross
Expenses
Net
Expenses
Net
Investment
Income
(Loss)
Portfolio
Turnover
Rate
Portfolio
Turnover
Rate
Excluding
Mortgage
Dollar
Rolls
5.34‌
%
$
73,370‌
0.59‌
%
c
0.59‌
%
c
4.03‌
%
c
36‌
%
32‌
%
2.80‌
72,945‌
0.59‌
0.59‌
3.85‌
62‌
54‌
(5.20‌)
78,449‌
0.58‌
0.58‌
2.97‌
152‌
113‌
(4.38‌)
93,247‌
0.59‌
0.55‌
1.70‌
295‌
f
96‌
f
5.47‌
107,280‌
0.58‌
0.58‌
1.99‌
229‌
117‌
4.52‌
106,363‌
0.59‌
0.59‌
2.57‌
133‌
125‌
5.37‌
715,659‌
0.42‌
c
0.42‌
c
4.20‌
c
36‌
32‌
3.07‌
656,689‌
0.43‌
0.43‌
4.02‌
62‌
54‌
(5.09‌)
664,797‌
0.42‌
0.42‌
3.11‌
152‌
113‌
(4.26‌)
989,602‌
0.42‌
0.42‌
1.85‌
295‌
f
96‌
f
5.70‌
753,975‌
0.42‌
0.42‌
2.16‌
229‌
117‌
4.61‌
906,706‌
0.43‌
0.43‌
2.73‌
133‌
125‌
5.48‌
12,353‌
0.44‌
c
0.44‌
c
4.27‌
c
36‌
32‌
2.94‌
3,304‌
0.44‌
0.44‌
3.97‌
62‌
54‌
(5.01‌)
5,649‌
0.44‌
0.44‌
3.11‌
152‌
113‌
(4.28‌)
6,596‌
0.44‌
0.44‌
1.81‌
295‌
f
96‌
f
5.58‌
11,648‌
0.44‌
0.44‌
2.13‌
229‌
117‌
4.60‌
13,685‌
0.45‌
0.45‌
2.71‌
133‌
125‌
5.45‌
5,614,414‌
0.29‌
c
0.29‌
c
4.34‌
c
36‌
32‌
3.10‌
4,978,394‌
0.29‌
0.29‌
4.17‌
62‌
54‌
(4.86‌)
4,625,629‌
0.29‌
0.29‌
3.29‌
152‌
113‌
(4.14‌)
4,490,250‌
0.29‌
0.29‌
1.98‌
295‌
f
96‌
f
5.84‌
2,825,828‌
0.29‌
0.29‌
2.27‌
229‌
117‌
4.75‌
1,753,879‌
0.30‌
0.30‌
2.86‌
133‌
125‌
5.37‌
141,515‌
0.53‌
c
0.53‌
c
4.09‌
c
36‌
32‌
2.86‌
135,578‌
0.54‌
0.54‌
3.91‌
62‌
54‌
(5.15‌)
133,283‌
0.54‌
0.54‌
3.01‌
152‌
113‌
(4.36‌)
162,596‌
0.54‌
0.54‌
1.71‌
295‌
f
96‌
f
5.51‌
210,938‌
0.54‌
0.54‌
2.03‌
229‌
117‌
4.56‌
208,899‌
0.55‌
0.55‌
2.61‌
133‌
125‌
5.60‌
4,253,107‌
0.28‌
c
0.00‌
c
4.63‌
c
36‌
32‌
3.40‌
4,211,405‌
0.29‌
0.00‌
4.45‌
62‌
54‌
(4.59‌)
3,822,326‌
0.29‌
0.00‌
3.53‌
152‌
113‌
(3.86‌)
4,672,235‌
0.29‌
0.00‌
2.25‌
295‌
f
96‌
f
6.15‌
4,793,554‌
0.29‌
0.00‌
2.56‌
229‌
117‌
5.06‌
3,614,517‌
0.30‌
0.00‌
3.16‌
133‌
125‌
Financial
Highlights
(continued)
See
Notes
to
Financial
Statements
340
Financial
Highlights
(continued)
The
following
data
is
for
a
share outstanding
for
each
fiscal year
end
unless
otherwise
noted:
Investment
Operations
Less
Distributions
Net
Asset
Value,
Beginning
of
Period
Net
Investment
Income
(Loss)
a
Net
Realized/
Unrealized
Gain
(Loss)
Total
From
Net
Investment
Income
From
Net
Realized
Gains
Total
Net
Asset
Value,
End
of
Period
8.3
Core
Impact
Bond
§
Class
A:
9/30/24
#
$
8
.91‌
$
0
.18‌
$
0
.29‌
$
0
.47‌
$
(
0
.18‌
)
$
—‌
$
(
0
.18‌
)
$
9
.20‌
3/31/24
9
.04‌
0
.33‌
(
0
.13‌
)
0
.20‌
(
0
.33‌
)
—‌
(
0
.33‌
)
8
.91‌
3/31/23
9
.87‌
0
.25‌
(
0
.82‌
)
(
0
.57‌
)
(
0
.26‌
)
—‌
(
0
.26‌
)
9
.04‌
3/31/22
10
.47‌
0
.15‌
(
0
.60‌
)
(
0
.45‌
)
(
0
.15‌
)
(
0
.00‌
)
d
(
0
.15‌
)
9
.87‌
3/31/21
10
.40‌
0
.18‌
0
.33‌
0
.51‌
(
0
.18‌
)
(
0
.26‌
)
(
0
.44‌
)
10
.47‌
3/31/20
10
.28‌
0
.25‌
0
.19‌
0
.44‌
(
0
.25‌
)
(
0
.07‌
)
(
0
.32‌
)
10
.40‌
Class
I:
9/30/24
#
8
.92‌
0
.19‌
0
.29‌
0
.48‌
(
0
.19‌
)
—‌
(
0
.19‌
)
9
.21‌
3/31/24
9
.05‌
0
.35‌
(
0
.13‌
)
0
.22‌
(
0
.35‌
)
—‌
(
0
.35‌
)
8
.92‌
3/31/23
9
.88‌
0
.27‌
(
0
.83‌
)
(
0
.56‌
)
(
0
.27‌
)
—‌
(
0
.27‌
)
9
.05‌
3/31/22
10
.48‌
0
.17‌
(
0
.59‌
)
(
0
.42‌
)
(
0
.18‌
)
(
0
.00‌
)
d
(
0
.18‌
)
9
.88‌
3/31/21
10
.42‌
0
.20‌
0
.32‌
0
.52‌
(
0
.20‌
)
(
0
.26‌
)
(
0
.46‌
)
10
.48‌
3/31/20
10
.29‌
0
.27‌
0
.20‌
0
.47‌
(
0
.27‌
)
(
0
.07‌
)
(
0
.34‌
)
10
.42‌
Premier
Class:
9/30/24
#
8
.92‌
0
.19‌
0
.29‌
0
.48‌
(
0
.19‌
)
—‌
(
0
.19‌
)
9
.21‌
3/31/24
9
.05‌
0
.33‌
(
0
.12‌
)
0
.21‌
(
0
.34‌
)
—‌
(
0
.34‌
)
8
.92‌
3/31/23
9
.88‌
0
.26‌
(
0
.83‌
)
(
0
.57‌
)
(
0
.26‌
)
—‌
(
0
.26‌
)
9
.05‌
3/31/22
10
.48‌
0
.16‌
(
0
.60‌
)
(
0
.44‌
)
(
0
.16‌
)
(
0
.00‌
)
d
(
0
.16‌
)
9
.88‌
3/31/21
10
.42‌
0
.19‌
0
.32‌
0
.51‌
(
0
.19‌
)
(
0
.26‌
)
(
0
.45‌
)
10
.48‌
3/31/20
10
.29‌
0
.27‌
0
.20‌
0
.47‌
(
0
.27‌
)
(
0
.07‌
)
(
0
.34‌
)
10
.42‌
Class
R6:
9/30/24
#
8
.92‌
0
.19‌
0
.29‌
0
.48‌
(
0
.19‌
)
—‌
(
0
.19‌
)
9
.21‌
3/31/24
9
.04‌
0
.36‌
(
0
.12‌
)
0
.24‌
(
0
.36‌
)
—‌
(
0
.36‌
)
8
.92‌
3/31/23
9
.87‌
0
.28‌
(
0
.83‌
)
(
0
.55‌
)
(
0
.28‌
)
—‌
(
0
.28‌
)
9
.04‌
3/31/22
10
.48‌
0
.18‌
(
0
.61‌
)
(
0
.43‌
)
(
0
.18‌
)
(
0
.00‌
)
d
(
0
.18‌
)
9
.87‌
3/31/21
10
.41‌
0
.21‌
0
.33‌
0
.54‌
(
0
.21‌
)
(
0
.26‌
)
(
0
.47‌
)
10
.48‌
3/31/20
10
.28‌
0
.28‌
0
.20‌
0
.48‌
(
0
.28‌
)
(
0
.07‌
)
(
0
.35‌
)
10
.41‌
Retirement
Class:
9/30/24
#
8
.92‌
0
.18‌
0
.29‌
0
.47‌
(
0
.18‌
)
—‌
(
0
.18‌
)
9
.21‌
3/31/24
9
.04‌
0
.33‌
(
0
.12‌
)
0
.21‌
(
0
.33‌
)
—‌
(
0
.33‌
)
8
.92‌
3/31/23
9
.88‌
0
.26‌
(
0
.84‌
)
(
0
.58‌
)
(
0
.26‌
)
—‌
(
0
.26‌
)
9
.04‌
3/31/22
10
.48‌
0
.15‌
(
0
.59‌
)
(
0
.44‌
)
(
0
.16‌
)
(
0
.00‌
)
d
(
0
.16‌
)
9
.88‌
3/31/21
10
.41‌
0
.18‌
0
.33‌
0
.51‌
(
0
.18‌
)
(
0
.26‌
)
(
0
.44‌
)
10
.48‌
3/31/20
10
.29‌
0
.26‌
0
.19‌
0
.45‌
(
0
.26‌
)
(
0
.07‌
)
(
0
.33‌
)
10
.41‌
#
Unaudited
§
Consolidated
Financial
Highlights
(see
Notes
to
Financial
Statements)
a
Based
on
average
shares
outstanding.
b
Total
returns
are
at
NAV
and
do
not
include
any
sales
charge.
Total
returns
are
not
annualized.
c
Percentage
is
annualized.
d
Value
rounded
to
zero.
f
Does
not
include
in-kind
transactions.
See
Notes
to
Financial
Statements
341
Ratios
and
Supplemental
Data
Ratios
to
Average
Net
Assets
Total
Return
b
Net
Assets,
End
of
Period
(000)
Gross
Expenses
Net
Expenses
Net
Investment
Income
(Loss)
Portfolio
Turnover
Rate
Portfolio
Turnover
Rate
Excluding
Mortgage
Dollar
Rolls
5
.38‌
%
$
324,859‌
0
.62‌
%
c
0
.62‌
%
c
4
.07‌
%
c
79‌
%
77‌
%
2
.35‌
256,020‌
0
.62‌
0
.62‌
3
.76‌
142‌
137‌
(
5
.79‌
)
251,165‌
0
.63‌
0
.62‌
2
.78‌
171‌
139‌
(
4
.32‌
)
330,332‌
0
.64‌
0
.64‌
1
.45‌
255‌
112‌
4
.87‌
304,704‌
0
.61‌
0
.61‌
1
.67‌
293‌
186‌
4
.35‌
233,432‌
0
.64‌
0
.64‌
2
.40‌
115‌
f
110‌
f
5
.48‌
1,051,986‌
0
.43‌
c
0
.43‌
c
4
.26‌
c
79‌
77‌
2
.54‌
1,076,782‌
0
.43‌
0
.43‌
3
.95‌
142‌
137‌
(
5
.59‌
)
1,005,499‌
0
.43‌
0
.42‌
2
.96‌
171‌
139‌
(
4
.12‌
)
1,526,575‌
0
.44‌
0
.44‌
1
.66‌
255‌
112‌
4
.95‌
1,286,125‌
0
.43‌
0
.43‌
1
.83‌
293‌
186‌
4
.64‌
930,083‌
0
.46‌
0
.46‌
2
.58‌
115‌
f
110‌
f
5
.43‌
12,005‌
0
.53‌
c
0
.53‌
c
4
.16‌
c
79‌
77‌
2
.42‌
12,113‌
0
.62‌
0
.55‌
3
.76‌
142‌
137‌
(
5
.70‌
)
23,649‌
0
.66‌
0
.54‌
2
.88‌
171‌
139‌
(
4
.23‌
)
27,068‌
0
.58‌
0
.55‌
1
.53‌
255‌
112‌
4
.85‌
32,891‌
0
.53‌
0
.53‌
1
.76‌
293‌
186‌
4
.57‌
30,850‌
0
.53‌
0
.53‌
2
.51‌
115‌
f
110‌
f
5
.52‌
5,215,108‌
0
.36‌
c
0
.36‌
c
4
.34‌
c
79‌
77‌
2
.73‌
4,746,237‌
0
.36‌
0
.35‌
4
.02‌
142‌
137‌
(
5
.54‌
)
4,553,635‌
0
.37‌
0
.36‌
3
.07‌
171‌
139‌
(
4
.16‌
)
4,648,095‌
0
.38‌
0
.38‌
1
.72‌
255‌
112‌
5
.13‌
4,169,777‌
0
.35‌
0
.35‌
1
.92‌
293‌
186‌
4
.74‌
3,223,141‌
0
.36‌
0
.36‌
2
.68‌
115‌
f
110‌
f
5
.39‌
210,506‌
0
.61‌
c
0
.61‌
c
4
.08‌
c
79‌
77‌
2
.47‌
218,913‌
0
.61‌
0
.61‌
3
.75‌
142‌
137‌
(
5
.87‌
)
271,648‌
0
.62‌
0
.61‌
2
.79‌
171‌
139‌
(
4
.31‌
)
382,704‌
0
.63‌
0
.63‌
1
.45‌
255‌
112‌
4
.87‌
472,112‌
0
.60‌
0
.60‌
1
.69‌
293‌
186‌
4
.38‌
527,044‌
0
.61‌
0
.61‌
2
.43‌
115‌
f
110‌
f
Financial
Highlights
(continued)
See
Notes
to
Financial
Statements
342
Financial
Highlights
(continued)
The
following
data
is
for
a
share outstanding
for
each
fiscal year
end
unless
otherwise
noted:
Investment
Operations
Less
Distributions
Net
Asset
Value,
Beginning
of
Period
Net
Investment
Income
(Loss)
a
Net
Realized/
Unrealized
Gain
(Loss)
Total
From
Net
Investment
Income
From
Net
Realized
Gains
Total
Net
Asset
Value,
End
of
Period
8.4
Core
Plus
Bond
Class
A:
9/30/24
#
$
9
.14‌
$
0
.20‌
$
0
.29‌
$
0
.49‌
$
(
0
.20‌
)
$
—‌
$
(
0
.20‌
)
$
9
.43‌
3/31/24
9
.19‌
0
.38‌
(
0
.07‌
)
0
.31‌
(
0
.36‌
)
—‌
(
0
.36‌
)
9
.14‌
3/31/23
10
.05‌
0
.32‌
(
0
.87‌
)
(
0
.55‌
)
(
0
.31‌
)
—‌
(
0
.31‌
)
9
.19‌
3/31/22
10
.84‌
0
.24‌
(
0
.65‌
)
(
0
.41‌
)
(
0
.23‌
)
(
0
.15‌
)
(
0
.38‌
)
10
.05‌
3/31/21
10
.40‌
0
.26‌
0
.52‌
0
.78‌
(
0
.26‌
)
(
0
.08‌
)
(
0
.34‌
)
10
.84‌
3/31/20
10
.38‌
0
.29‌
0
.01‌
0
.30‌
(
0
.28‌
)
—‌
(
0
.28‌
)
10
.40‌
Class
I:
9/30/24
#
9
.13‌
0
.21‌
0
.29‌
0
.50‌
(
0
.21‌
)
—‌
(
0
.21‌
)
9
.42‌
3/31/24
9
.18‌
0
.41‌
(
0
.08‌
)
0
.33‌
(
0
.38‌
)
—‌
(
0
.38‌
)
9
.13‌
3/31/23
10
.04‌
0
.33‌
(
0
.86‌
)
(
0
.53‌
)
(
0
.33‌
)
—‌
(
0
.33‌
)
9
.18‌
3/31/22
10
.83‌
0
.26‌
(
0
.65‌
)
(
0
.39‌
)
(
0
.25‌
)
(
0
.15‌
)
(
0
.40‌
)
10
.04‌
3/31/21
10
.39‌
0
.29‌
0
.51‌
0
.80‌
(
0
.28‌
)
(
0
.08‌
)
(
0
.36‌
)
10
.83‌
3/31/20
10
.36‌
0
.31‌
0
.03‌
0
.34‌
(
0
.31‌
)
—‌
(
0
.31‌
)
10
.39‌
Premier
Class:
9/30/24
#
9
.12‌
0
.21‌
0
.29‌
0
.50‌
(
0
.21‌
)
—‌
(
0
.21‌
)
9
.41‌
3/31/24
9
.17‌
0
.40‌
(
0
.07‌
)
0
.33‌
(
0
.38‌
)
—‌
(
0
.38‌
)
9
.12‌
3/31/23
10
.03‌
0
.33‌
(
0
.86‌
)
(
0
.53‌
)
(
0
.33‌
)
—‌
(
0
.33‌
)
9
.17‌
3/31/22
10
.82‌
0
.25‌
(
0
.65‌
)
(
0
.40‌
)
(
0
.24‌
)
(
0
.15‌
)
(
0
.39‌
)
10
.03‌
3/31/21
10
.38‌
0
.28‌
0
.51‌
0
.79‌
(
0
.27‌
)
(
0
.08‌
)
(
0
.35‌
)
10
.82‌
3/31/20
10
.35‌
0
.31‌
0
.02‌
0
.33‌
(
0
.30‌
)
—‌
(
0
.30‌
)
10
.38‌
Class
R6:
9/30/24
#
9
.12‌
0
.22‌
0
.29‌
0
.51‌
(
0
.21‌
)
—‌
(
0
.21‌
)
9
.42‌
3/31/24
9
.18‌
0
.41‌
(
0
.08‌
)
0
.33‌
(
0
.39‌
)
—‌
(
0
.39‌
)
9
.12‌
3/31/23
10
.03‌
0
.34‌
(
0
.85‌
)
(
0
.51‌
)
(
0
.34‌
)
—‌
(
0
.34‌
)
9
.18‌
3/31/22
10
.82‌
0
.26‌
(
0
.64‌
)
(
0
.38‌
)
(
0
.26‌
)
(
0
.15‌
)
(
0
.41‌
)
10
.03‌
3/31/21
10
.38‌
0
.29‌
0
.52‌
0
.81‌
(
0
.29‌
)
(
0
.08‌
)
(
0
.37‌
)
10
.82‌
3/31/20
10
.35‌
0
.32‌
0
.03‌
0
.35‌
(
0
.32‌
)
—‌
(
0
.32‌
)
10
.38‌
Retirement
Class:
9/30/24
#
9
.13‌
0
.20‌
0
.30‌
0
.50‌
(
0
.20‌
)
—‌
(
0
.20‌
)
9
.43‌
3/31/24
9
.19‌
0
.39‌
(
0
.08‌
)
0
.31‌
(
0
.37‌
)
—‌
(
0
.37‌
)
9
.13‌
3/31/23
10
.04‌
0
.32‌
(
0
.85‌
)
(
0
.53‌
)
(
0
.32‌
)
—‌
(
0
.32‌
)
9
.19‌
3/31/22
10
.84‌
0
.24‌
(
0
.66‌
)
(
0
.42‌
)
(
0
.23‌
)
(
0
.15‌
)
(
0
.38‌
)
10
.04‌
3/31/21
10
.40‌
0
.27‌
0
.51‌
0
.78‌
(
0
.26‌
)
(
0
.08‌
)
(
0
.34‌
)
10
.84‌
3/31/20
10
.37‌
0
.30‌
0
.02‌
0
.32‌
(
0
.29‌
)
—‌
(
0
.29‌
)
10
.40‌
Class
W:
9/30/24
#
9
.12‌
0
.23‌
0
.30‌
0
.53‌
(
0
.23‌
)
—‌
(
0
.23‌
)
9
.42‌
3/31/24
9
.18‌
0
.44‌
(
0
.08‌
)
0
.36‌
(
0
.42‌
)
—‌
(
0
.42‌
)
9
.12‌
3/31/23
10
.03‌
0
.37‌
(
0
.85‌
)
(
0
.48‌
)
(
0
.37‌
)
—‌
(
0
.37‌
)
9
.18‌
3/31/22
10
.82‌
0
.30‌
(
0
.65‌
)
(
0
.35‌
)
(
0
.29‌
)
(
0
.15‌
)
(
0
.44‌
)
10
.03‌
3/31/21
10
.38‌
0
.32‌
0
.52‌
0
.84‌
(
0
.32‌
)
(
0
.08‌
)
(
0
.40‌
)
10
.82‌
3/31/20
10
.36‌
0
.36‌
0
.01‌
0
.37‌
(
0
.35‌
)
—‌
(
0
.35‌
)
10
.38‌
#
Unaudited
a
Based
on
average
shares
outstanding.
b
Total
returns
are
at
NAV
and
do
not
include
any
sales
charge.
Total
returns
are
not
annualized.
c
Percentage
is
annualized.
f
Does
not
include
in-kind
transactions.
See
Notes
to
Financial
Statements
343
Ratios
and
Supplemental
Data
Ratios
to
Average
Net
Assets
Total
Return
b
Net
Assets,
End
of
Period
(000)
Gross
Expenses
Net
Expenses
Net
Investment
Income
(Loss)
Portfolio
Turnover
Rate
Portfolio
Turnover
Rate
Excluding
Mortgage
Dollar
Rolls
5
.43‌
%
$
232,975‌
0
.62‌
%
c
0
.62‌
%
c
4
.37‌
%
c
53‌
%
51‌
%
3
.52‌
225,708‌
0
.63‌
0
.63‌
4
.26‌
56‌
49‌
(
5
.40‌
)
236,915‌
0
.62‌
0
.61‌
3
.41‌
143‌
113‌
(
3
.95‌
)
270,848‌
0
.61‌
0
.56‌
2
.19‌
251‌
97‌
7
.48‌
302,270‌
0
.61‌
0
.61‌
2
.36‌
169‌
84‌
2
.90‌
298,496‌
0
.61‌
0
.61‌
2
.73‌
94‌
f
85‌
f
5
.56‌
84,885‌
0
.38‌
c
0
.38‌
c
4
.61‌
c
53‌
51‌
3
.77‌
81,467‌
0
.39‌
0
.39‌
4
.50‌
56‌
49‌
(
5
.19‌
)
92,456‌
0
.38‌
0
.38‌
3
.58‌
143‌
113‌
(
3
.79‌
)
162,811‌
0
.38‌
0
.38‌
2
.36‌
251‌
97‌
7
.74‌
208,321‌
0
.37‌
0
.37‌
2
.60‌
169‌
84‌
3
.24‌
211,366‌
0
.38‌
0
.38‌
2
.93‌
94‌
f
85‌
f
5
.53‌
4,069‌
0
.45‌
c
0
.45‌
c
4
.55‌
c
53‌
51‌
3
.70‌
3,186‌
0
.45‌
0
.45‌
4
.40‌
56‌
49‌
(
5
.27‌
)
5,932‌
0
.45‌
0
.45‌
3
.56‌
143‌
113‌
(
3
.86‌
)
7,305‌
0
.45‌
0
.45‌
2
.30‌
251‌
97‌
7
.67‌
8,155‌
0
.45‌
0
.45‌
2
.53‌
169‌
84‌
3
.16‌
9,431‌
0
.45‌
0
.45‌
2
.89‌
94‌
f
85‌
f
5
.61‌
1,606,890‌
0
.30‌
c
0
.30‌
c
4
.70‌
c
53‌
51‌
3
.75‌
1,562,696‌
0
.30‌
0
.30‌
4
.60‌
56‌
49‌
(
5
.02‌
)
1,484,766‌
0
.30‌
0
.30‌
3
.72‌
143‌
113‌
(
3
.72‌
)
1,557,970‌
0
.30‌
0
.30‌
2
.45‌
251‌
97‌
7
.83‌
1,608,213‌
0
.30‌
0
.30‌
2
.66‌
169‌
84‌
3
.31‌
1,383,899‌
0
.30‌
0
.30‌
3
.04‌
94‌
f
85‌
f
5
.47‌
274,540‌
0
.55‌
c
0
.55‌
c
4
.45‌
c
53‌
51‌
3
.49‌
276,487‌
0
.55‌
0
.55‌
4
.34‌
56‌
49‌
(
5
.25‌
)
301,925‌
0
.55‌
0
.55‌
3
.47‌
143‌
113‌
(
4
.04‌
)
326,659‌
0
.55‌
0
.55‌
2
.20‌
251‌
97‌
7
.55‌
397,965‌
0
.55‌
0
.55‌
2
.42‌
169‌
84‌
3
.06‌
394,611‌
0
.55‌
0
.55‌
2
.79‌
94‌
f
85‌
f
5
.76‌
2,617,752‌
0
.30‌
c
0.00‌
c
5
.00‌
c
53‌
51‌
4
.06‌
2,606,748‌
0
.30‌
0.00‌
4
.90‌
56‌
49‌
(
4
.74‌
)
2,383,204‌
0
.30‌
0.00‌
4
.00‌
143‌
113‌
(
3
.43‌
)
2,925,520‌
0
.30‌
0.00‌
2
.75‌
251‌
97‌
8
.14‌
3,039,900‌
0
.30‌
0.00‌
2
.95‌
169‌
84‌
3
.52‌
2,268,780‌
0
.30‌
0.00‌
3
.34‌
94‌
f
85‌
f
Financial
Highlights
(continued)
See
Notes
to
Financial
Statements
344
Financial
Highlights
(continued)
The
following
data
is
for
a
share outstanding
for
each
fiscal year
end
unless
otherwise
noted:
Investment
Operations
Less
Distributions
Net
Asset
Value,
Beginning
of
Period
Net
Investment
Income
(Loss)
a
Net
Realized/
Unrealized
Gain
(Loss)
Total
From
Net
Investment
Income
From
Net
Realized
Gains
Total
Net
Asset
Value,
End
of
Period
8.5
5–15
Year
Laddered
Tax
Exempt
Bond
Class
A:
9/30/24
#
$
9
.84‌
$
0
.14‌
$
0
.06‌
$
0
.20‌
$
(
0
.14‌
)
$
—‌
$
(
0
.14‌
)
$
9
.90‌
3/31/24
9
.81‌
0
.24‌
0
.03‌
0
.27‌
(
0
.24‌
)
—‌
(
0
.24‌
)
9
.84‌
3/31/23
10
.05‌
0
.20‌
(
0
.23‌
)
(
0
.03‌
)
(
0
.20‌
)
(
0
.01‌
)
(
0
.21‌
)
9
.81‌
3/31/22
10
.91‌
0
.20‌
(
0
.79‌
)
(
0
.59‌
)
(
0
.20‌
)
(
0
.07‌
)
(
0
.27‌
)
10
.05‌
3/31/21
10
.51‌
0
.21‌
0
.43‌
0
.64‌
(
0
.21‌
)
(
0
.03‌
)
(
0
.24‌
)
10
.91‌
3/31/20
10
.56‌
0
.23‌
(
0
.03‌
)
0
.20‌
(
0
.23‌
)
(
0
.02‌
)
(
0
.25‌
)
10
.51‌
Class
I:
9/30/24
#
9
.82‌
0
.15‌
0
.06‌
0
.21‌
(
0
.15‌
)
—‌
(
0
.15‌
)
9
.88‌
3/31/24
9
.80‌
0
.25‌
0
.02‌
0
.27‌
(
0
.25‌
)
—‌
(
0
.25‌
)
9
.82‌
3/31/23
10
.03‌
0
.22‌
(
0
.22‌
)
—‌
(
0
.22‌
)
(
0
.01‌
)
(
0
.23‌
)
9
.80‌
3/31/22
10
.89‌
0
.21‌
(
0
.79‌
)
(
0
.58‌
)
(
0
.21‌
)
(
0
.07‌
)
(
0
.28‌
)
10
.03‌
3/31/21
10
.50‌
0
.23‌
0
.42‌
0
.65‌
(
0
.23‌
)
(
0
.03‌
)
(
0
.26‌
)
10
.89‌
3/31/20
10
.55‌
0
.25‌
(
0
.02‌
)
0
.23‌
(
0
.26‌
)
(
0
.02‌
)
(
0
.28‌
)
10
.50‌
Class
R6:
9/30/24
#
9
.83‌
0
.15‌
0
.06‌
0
.21‌
(
0
.15‌
)
—‌
(
0
.15‌
)
9
.89‌
3/31/24
9
.80‌
0
.26‌
0
.03‌
0
.29‌
(
0
.26‌
)
—‌
(
0
.26‌
)
9
.83‌
3/31/23
10
.04‌
0
.23‌
(
0
.23‌
)
—‌
(
0
.23‌
)
(
0
.01‌
)
(
0
.24‌
)
9
.80‌
3/31/22
10
.90‌
0
.22‌
(
0
.78‌
)
(
0
.56‌
)
(
0
.23‌
)
(
0
.07‌
)
(
0
.30‌
)
10
.04‌
3/31/21
10
.50‌
0
.24‌
0
.43‌
0
.67‌
(
0
.24‌
)
(
0
.03‌
)
(
0
.27‌
)
10
.90‌
3/31/20
10
.55‌
0
.26‌
(
0
.03‌
)
0
.23‌
(
0
.26‌
)
(
0
.02‌
)
(
0
.28‌
)
10
.50‌
#
Unaudited
a
Based
on
average
shares
outstanding.
b
Total
returns
are
at
NAV
and
do
not
include
any
sales
charge.
Total
returns
are
not
annualized.
c
Percentage
is
annualized.
See
Notes
to
Financial
Statements
345
Ratios
and
Supplemental
Data
Ratios
to
Average
Net
Assets
Total
Return
b
Net
Assets,
End
of
Period
(000)
Gross
Expenses
Net
Expenses
Net
Investment
Income
(Loss)
Portfolio
Turnover
Rate
2
.07‌
%
$
206,383‌
0
.62‌
%
c
0
.58‌
%
c
2
.87‌
%
c
8‌
%
2
.78‌
213,880‌
0
.62‌
0
.58‌
2
.43‌
48‌
(
0
.23‌
)
227,830‌
0
.62‌
0
.58‌
2
.08‌
15‌
(
5
.54‌
)
248,157‌
0
.61‌
0
.54‌
1
.83‌
9‌
6
.18‌
272,018‌
0
.59‌
0
.58‌
1
.97‌
23‌
1
.93‌
264,478‌
0
.61‌
0
.58‌
2
.17‌
21‌
2
.16‌
336‌
0
.44‌
c
0
.40‌
c
3
.05‌
c
8‌
2
.87‌
362‌
0
.44‌
0
.40‌
2
.59‌
48‌
0
.06‌
533‌
0
.42‌
0
.38‌
2
.27‌
15‌
(
5
.42‌
)
683‌
0
.43‌
0
.40‌
1
.97‌
9‌
6
.30‌
666‌
0
.40‌
0
.38‌
2
.16‌
23‌
2
.14‌
966‌
0
.41‌
0
.38‌
2
.36‌
21‌
2
.21‌
8,301‌
0
.34‌
c
0
.30‌
c
3
.16‌
c
8‌
3
.07‌
8,182‌
0
.34‌
0
.30‌
2
.71‌
48‌
0
.05‌
8,747‌
0
.34‌
0
.30‌
2
.36‌
15‌
(
5
.31‌
)
18,226‌
0
.33‌
0
.30‌
2
.09‌
9‌
6
.48‌
8,099‌
0
.32‌
0
.30‌
2
.24‌
23‌
2
.21‌
4,946‌
0
.33‌
0
.30‌
2
.43‌
21‌
Financial
Highlights
(continued)
See
Notes
to
Financial
Statements
346
Financial
Highlights
(continued)
The
following
data
is
for
a
share outstanding
for
each
fiscal year
end
unless
otherwise
noted:
Investment
Operations
Less
Distributions
Net
Asset
Value,
Beginning
of
Period
Net
Investment
Income
(Loss)
a
Net
Realized/
Unrealized
Gain
(Loss)
Total
From
Net
Investment
Income
From
Net
Realized
Gains
Total
Net
Asset
Value,
End
of
Period
8.6
Green
Bond
§
Class
A:
9/30/24
#
$
9
.10‌
$
0
.19‌
$
0
.21‌
$
0
.40‌
$
(
0
.19‌
)
$
—‌
$
(
0
.19‌
)
$
9
.31‌
3/31/24
9
.16‌
0
.34‌
(
0
.05‌
)
0
.29‌
(
0
.35‌
)
—‌
(
0
.35‌
)
9
.10‌
3/31/23
9
.95‌
0
.29‌
(
0
.78‌
)
(
0
.49‌
)
(
0
.29‌
)
(
0
.01‌
)
(
0
.30‌
)
9
.16‌
3/31/22
10
.63‌
0
.22‌
(
0
.63‌
)
(
0
.41‌
)
(
0
.22‌
)
(
0
.05‌
)
(
0
.27‌
)
9
.95‌
3/31/21
10
.22‌
0
.24‌
0
.59‌
0
.83‌
(
0
.24‌
)
(
0
.18‌
)
(
0
.42‌
)
10
.63‌
3/31/20
10
.33‌
0
.30‌
(
0
.01‌
)
0
.29‌
(
0
.31‌
)
(
0
.09‌
)
(
0
.40‌
)
10
.22‌
Class
I:
9/30/24
#
9
.09‌
0
.20‌
0
.22‌
0
.42‌
(
0
.20‌
)
—‌
(
0
.20‌
)
9
.31‌
3/31/24
9
.16‌
0
.36‌
(
0
.07‌
)
0
.29‌
(
0
.36‌
)
—‌
(
0
.36‌
)
9
.09‌
3/31/23
9
.95‌
0
.32‌
(
0
.79‌
)
(
0
.47‌
)
(
0
.31‌
)
(
0
.01‌
)
(
0
.32‌
)
9
.16‌
3/31/22
10
.62‌
0
.24‌
(
0
.62‌
)
(
0
.38‌
)
(
0
.24‌
)
(
0
.05‌
)
(
0
.29‌
)
9
.95‌
3/31/21
10
.22‌
0
.27‌
0
.58‌
0
.85‌
(
0
.27‌
)
(
0
.18‌
)
(
0
.45‌
)
10
.62‌
3/31/20
10
.33‌
0
.33‌
(
0
.02‌
)
0
.31‌
(
0
.33‌
)
(
0
.09‌
)
(
0
.42‌
)
10
.22‌
Premier
Class:
9/30/24
#
9
.09‌
0
.20‌
0
.22‌
0
.42‌
(
0
.20‌
)
—‌
(
0
.20‌
)
9
.31‌
3/31/24
9
.16‌
0
.36‌
(
0
.07‌
)
0
.29‌
(
0
.36‌
)
—‌
(
0
.36‌
)
9
.09‌
3/31/23
9
.95‌
0
.30‌
(
0
.78‌
)
(
0
.48‌
)
(
0
.30‌
)
(
0
.01‌
)
(
0
.31‌
)
9
.16‌
3/31/22
10
.62‌
0
.23‌
(
0
.62‌
)
(
0
.39‌
)
(
0
.23‌
)
(
0
.05‌
)
(
0
.28‌
)
9
.95‌
3/31/21
10
.22‌
0
.26‌
0
.58‌
0
.84‌
(
0
.26‌
)
(
0
.18‌
)
(
0
.44‌
)
10
.62‌
3/31/20
10
.33‌
0
.32‌
(
0
.02‌
)
0
.30‌
(
0
.32‌
)
(
0
.09‌
)
(
0
.41‌
)
10
.22‌
Class
R6:
9/30/24
#
9
.09‌
0
.20‌
0
.22‌
0
.42‌
(
0
.20‌
)
—‌
(
0
.20‌
)
9
.31‌
3/31/24
9
.16‌
0
.37‌
(
0
.07‌
)
0
.30‌
(
0
.37‌
)
—‌
(
0
.37‌
)
9
.09‌
3/31/23
9
.95‌
0
.31‌
(
0
.78‌
)
(
0
.47‌
)
(
0
.31‌
)
(
0
.01‌
)
(
0
.32‌
)
9
.16‌
3/31/22
10
.62‌
0
.24‌
(
0
.61‌
)
(
0
.37‌
)
(
0
.25‌
)
(
0
.05‌
)
(
0
.30‌
)
9
.95‌
3/31/21
10
.22‌
0
.27‌
0
.58‌
0
.85‌
(
0
.27‌
)
(
0
.18‌
)
(
0
.45‌
)
10
.62‌
3/31/20
10
.33‌
0
.33‌
(
0
.02‌
)
0
.31‌
(
0
.33‌
)
(
0
.09‌
)
(
0
.42‌
)
10
.22‌
Retirement
Class:
9/30/24
#
9
.09‌
0
.19‌
0
.22‌
0
.41‌
(
0
.19‌
)
—‌
(
0
.19‌
)
9
.31‌
3/31/24
9
.16‌
0
.35‌
(
0
.07‌
)
0
.28‌
(
0
.35‌
)
—‌
(
0
.35‌
)
9
.09‌
3/31/23
9
.95‌
0
.30‌
(
0
.78‌
)
(
0
.48‌
)
(
0
.30‌
)
(
0
.01‌
)
(
0
.31‌
)
9
.16‌
3/31/22
10
.63‌
0
.23‌
(
0
.63‌
)
(
0
.40‌
)
(
0
.23‌
)
(
0
.05‌
)
(
0
.28‌
)
9
.95‌
3/31/21
10
.22‌
0
.26‌
0
.59‌
0
.85‌
(
0
.26‌
)
(
0
.18‌
)
(
0
.44‌
)
10
.63‌
3/31/20
10
.33‌
0
.31‌
(
0
.01‌
)
0
.30‌
(
0
.32‌
)
(
0
.09‌
)
(
0
.41‌
)
10
.22‌
#
Unaudited
§
Consolidated
Financial
Highlights
(see
Notes
to
Financial
Statements)
a
Based
on
average
shares
outstanding.
b
Total
returns
are
at
NAV
and
do
not
include
any
sales
charge.
Total
returns
are
not
annualized.
c
Percentage
is
annualized.
See
Notes
to
Financial
Statements
347
Ratios
and
Supplemental
Data
Ratios
to
Average
Net
Assets
Total
Return
b
Net
Assets,
End
of
Period
(000)
Gross
Expenses
Net
Expenses
Net
Investment
Income
(Loss)
Portfolio
Turnover
Rate
4
.59‌
%
$
7,121‌
0
.87‌
%
c
0
.76‌
%
c
4
.18‌
%
c
26‌
%
3
.12‌
7,294‌
0
.91‌
0
.76‌
3
.83‌
62‌
(
4
.98‌
)
7,756‌
0
.91‌
0
.71‌
3
.12‌
36‌
(
4
.06‌
)
7,465‌
1
.33‌
0
.73‌
2
.04‌
27‌
8
.07‌
6,342‌
1
.26‌
0
.73‌
2
.20‌
34‌
2
.69‌
2,816‌
1
.59‌
0
.71‌
2
.87‌
37‌
4
.70‌
38,140‌
0
.66‌
c
0
.55‌
c
4
.39‌
c
26‌
3
.34‌
36,073‌
0
.69‌
0
.55‌
4
.03‌
62‌
(
4
.76‌
)
43,796‌
0
.71‌
0
.51‌
3
.60‌
36‌
(
3
.73‌
)
3,270‌
0
.83‌
0
.47‌
2
.30‌
27‌
8
.25‌
1,570‌
0
.94‌
0
.46‌
2
.49‌
34‌
2
.93‌
1,069‌
1
.22‌
0
.46‌
3
.14‌
37‌
4
.67‌
931‌
0
.71‌
c
0
.60‌
c
4
.34‌
c
26‌
3
.29‌
909‌
0
.75‌
0
.60‌
4
.00‌
62‌
(
4
.84‌
)
916‌
0
.77‌
0
.57‌
3
.25‌
36‌
(
3
.84‌
)
995‌
0
.97‌
0
.58‌
2
.18‌
27‌
8
.16‌
1,062‌
1
.08‌
0
.55‌
2
.41‌
34‌
2
.79‌
1,022‌
1
.37‌
0
.60‌
3
.00‌
37‌
4
.75‌
105,686‌
0
.56‌
c
0
.45‌
c
4
.49‌
c
26‌
3
.44‌
98,937‌
0
.60‌
0
.45‌
4
.17‌
62‌
(
4
.70‌
)
77,172‌
0
.61‌
0
.41‌
3
.41‌
36‌
(
3
.71‌
)
77,183‌
0
.81‌
0
.45‌
2
.34‌
27‌
8
.27‌
27,694‌
0
.93‌
0
.45‌
2
.50‌
34‌
2
.94‌
21,857‌
1
.21‌
0
.45‌
3
.15‌
37‌
4
.62‌
14,479‌
0
.81‌
c
0
.70‌
c
4
.24‌
c
26‌
3
.19‌
13,469‌
0
.85‌
0
.69‌
3
.90‌
62‌
(
4
.86‌
)
14,141‌
0
.86‌
0
.58‌
3
.23‌
36‌
(
3
.93‌
)
15,531‌
1
.06‌
0
.58‌
2
.18‌
27‌
8
.26‌
14,133‌
1
.18‌
0
.54‌
2
.38‌
34‌
2
.77‌
6,457‌
1
.47‌
0
.62‌
2
.96‌
37‌
Financial
Highlights
(continued)
See
Notes
to
Financial
Statements
348
Financial
Highlights
(continued)
The
following
data
is
for
a
share outstanding
for
each
fiscal year
end
unless
otherwise
noted:
Investment
Operations
Less
Distributions
Net
Asset
Value,
Beginning
of
Period
Net
Investment
Income
(Loss)
a
Net
Realized/
Unrealized
Gain
(Loss)
Total
From
Net
Investment
Income
From
Net
Realized
Gains
Total
Net
Asset
Value,
End
of
Period
8.7
High
Yield
Class
A:
9/30/24
#
$
8
.74‌
$
0
.27‌
$
0
.20‌
$
0
.47‌
$
(
0
.27‌
)
$
—‌
$
(
0
.27‌
)
$
8
.94‌
3/31/24
8
.39‌
0
.52‌
0
.35‌
0
.87‌
(
0
.52‌
)
—‌
(
0
.52‌
)
8
.74‌
3/31/23
9
.15‌
0
.45‌
(
0
.75‌
)
(
0
.30‌
)
(
0
.46‌
)
—‌
(
0
.46‌
)
8
.39‌
3/31/22
9
.57‌
0
.42‌
(
0
.42‌
)
0
.00‌
d
(
0
.42‌
)
—‌
(
0
.42‌
)
9
.15‌
3/31/21
8
.39‌
0
.45‌
1
.18‌
1
.63‌
(
0
.45‌
)
—‌
(
0
.45‌
)
9
.57‌
3/31/20
9
.65‌
0
.52‌
(
1
.26‌
)
(
0
.74‌
)
(
0
.52‌
)
—‌
(
0
.52‌
)
8
.39‌
Class
I:
9/30/24
#
8
.69‌
0
.28‌
0
.20‌
0
.48‌
(
0
.28‌
)
—‌
(
0
.28‌
)
8
.89‌
3/31/24
8
.35‌
0
.53‌
0
.34‌
0
.87‌
(
0
.53‌
)
—‌
(
0
.53‌
)
8
.69‌
3/31/23
9
.10‌
0
.46‌
(
0
.74‌
)
(
0
.28‌
)
(
0
.47‌
)
—‌
(
0
.47‌
)
8
.35‌
3/31/22
9
.52‌
0
.43‌
(
0
.42‌
)
0
.01‌
(
0
.43‌
)
—‌
(
0
.43‌
)
9
.10‌
3/31/21
8
.35‌
0
.46‌
1
.17‌
1
.63‌
(
0
.46‌
)
—‌
(
0
.46‌
)
9
.52‌
3/31/20
9
.60‌
0
.53‌
(
1
.25‌
)
(
0
.72‌
)
(
0
.53‌
)
—‌
(
0
.53‌
)
8
.35‌
Premier
Class:
9/30/24
#
8
.71‌
0
.28‌
0
.20‌
0
.48‌
(
0
.28‌
)
—‌
(
0
.28‌
)
8
.91‌
3/31/24
8
.36‌
0
.53‌
0
.35‌
0
.88‌
(
0
.53‌
)
—‌
(
0
.53‌
)
8
.71‌
3/31/23
9
.12‌
0
.47‌
(
0
.76‌
)
(
0
.29‌
)
(
0
.47‌
)
—‌
(
0
.47‌
)
8
.36‌
3/31/22
9
.54‌
0
.43‌
(
0
.42‌
)
0
.01‌
(
0
.43‌
)
—‌
(
0
.43‌
)
9
.12‌
3/31/21
8
.37‌
0
.46‌
1
.17‌
1
.63‌
(
0
.46‌
)
—‌
(
0
.46‌
)
9
.54‌
3/31/20
9
.62‌
0
.53‌
(
1
.25‌
)
(
0
.72‌
)
(
0
.53‌
)
—‌
(
0
.53‌
)
8
.37‌
Class
R6:
9/30/24
#
8
.70‌
0
.28‌
0
.20‌
0
.48‌
(
0
.28‌
)
—‌
(
0
.28‌
)
8
.90‌
3/31/24
8
.35‌
0
.54‌
0
.35‌
0
.89‌
(
0
.54‌
)
—‌
(
0
.54‌
)
8
.70‌
3/31/23
9
.11‌
0
.48‌
(
0
.76‌
)
(
0
.28‌
)
(
0
.48‌
)
—‌
(
0
.48‌
)
8
.35‌
3/31/22
9
.53‌
0
.45‌
(
0
.43‌
)
0
.02‌
(
0
.44‌
)
—‌
(
0
.44‌
)
9
.11‌
3/31/21
8
.36‌
0
.47‌
1
.17‌
1
.64‌
(
0
.47‌
)
—‌
(
0
.47‌
)
9
.53‌
3/31/20
9
.61‌
0
.54‌
(
1
.25‌
)
(
0
.71‌
)
(
0
.54‌
)
—‌
(
0
.54‌
)
8
.36‌
Retirement
Class:
9/30/24
#
8
.70‌
0
.27‌
0
.20‌
0
.47‌
(
0
.27‌
)
—‌
(
0
.27‌
)
8
.90‌
3/31/24
8
.36‌
0
.52‌
0
.34‌
0
.86‌
(
0
.52‌
)
—‌
(
0
.52‌
)
8
.70‌
3/31/23
9
.11‌
0
.45‌
(
0
.74‌
)
(
0
.29‌
)
(
0
.46‌
)
—‌
(
0
.46‌
)
8
.36‌
3/31/22
9
.53‌
0
.42‌
(
0
.42‌
)
0
.00‌
d
(
0
.42‌
)
—‌
(
0
.42‌
)
9
.11‌
3/31/21
8
.36‌
0
.45‌
1
.17‌
1
.62‌
(
0
.45‌
)
—‌
(
0
.45‌
)
9
.53‌
3/31/20
9
.61‌
0
.52‌
(
1
.25‌
)
(
0
.73‌
)
(
0
.52‌
)
—‌
(
0
.52‌
)
8
.36‌
Class
W:
9/30/24
#
8
.70‌
0
.30‌
0
.20‌
0
.50‌
(
0
.30‌
)
—‌
(
0
.30‌
)
8
.90‌
3/31/24
8
.35‌
0
.57‌
0
.35‌
0
.92‌
(
0
.57‌
)
—‌
(
0
.57‌
)
8
.70‌
3/31/23
9
.11‌
0
.51‌
(
0
.76‌
)
(
0
.25‌
)
(
0
.51‌
)
—‌
(
0
.51‌
)
8
.35‌
3/31/22
9
.53‌
0
.48‌
(
0
.42‌
)
0
.06‌
(
0
.48‌
)
—‌
(
0
.48‌
)
9
.11‌
3/31/21
8
.36‌
0
.50‌
1
.17‌
1
.67‌
(
0
.50‌
)
—‌
(
0
.50‌
)
9
.53‌
3/31/20
9
.61‌
0
.57‌
(
1
.25‌
)
(
0
.68‌
)
(
0
.57‌
)
—‌
(
0
.57‌
)
8
.36‌
#
Unaudited
a
Based
on
average
shares
outstanding.
b
Total
returns
are
at
NAV
and
do
not
include
any
sales
charge.
Total
returns
are
not
annualized.
c
Percentage
is
annualized.
d
Value
rounded
to
zero.
f
Does
not
include
in-kind
transactions.
See
Notes
to
Financial
Statements
349
Ratios
and
Supplemental
Data
Ratios
to
Average
Net
Assets
Total
Return
b
Net
Assets,
End
of
Period
(000)
Gross
Expenses
Net
Expenses
Net
Investment
Income
(Loss)
Portfolio
Turnover
Rate
5
.51‌
%
$
210,051‌
0
.66‌
%
c
0
.66‌
%
c
6
.21‌
%
c
37‌
%
10
.71‌
217,021‌
0
.67‌
0
.66‌
6
.11‌
46‌
(
3
.19‌
)
213,517‌
0
.66‌
0
.64‌
5
.38‌
39‌
(
0
.07‌
)
249,616‌
0
.65‌
0
.60‌
4
.41‌
70‌
f
19
.67‌
276,792‌
0
.65‌
0
.63‌
4
.81‌
79‌
(
8
.27‌
)
268,804‌
0
.64‌
0
.63‌
5
.35‌
42‌
5
.62‌
3,959‌
0
.48‌
c
0
.48‌
c
6
.39‌
c
37‌
10
.80‌
4,329‌
0
.48‌
0
.48‌
6
.29‌
46‌
(
2
.96‌
)
7,984‌
0
.49‌
0
.47‌
5
.51‌
39‌
0
.05‌
9,760‌
0
.47‌
0
.46‌
4
.54‌
70‌
f
19
.84‌
8,320‌
0
.45‌
0
.44‌
4
.95‌
79‌
(
8
.08‌
)
4,669‌
0
.47‌
0
.47‌
5
.50‌
42‌
5
.59‌
6,856‌
0
.52‌
c
0
.52‌
c
6
.29‌
c
37‌
10
.88‌
11,464‌
0
.52‌
0
.52‌
6
.29‌
46‌
(
3
.08‌
)
14,913‌
0
.51‌
0
.50‌
5
.54‌
39‌
0
.02‌
15,798‌
0
.51‌
0
.49‌
4
.54‌
70‌
f
19
.74‌
20,200‌
0
.51‌
0
.49‌
4
.95‌
79‌
(
8
.09‌
)
19,372‌
0
.51‌
0
.50‌
5
.49‌
42‌
5
.68‌
1,197,166‌
0
.37‌
c
0
.37‌
c
6
.51‌
c
37‌
11
.06‌
1,140,584‌
0
.37‌
0
.37‌
6
.41‌
46‌
(
2
.94‌
)
1,412,278‌
0
.36‌
0
.35‌
5
.64‌
39‌
0
.17‌
2,147,075‌
0
.36‌
0
.34‌
4
.67‌
70‌
f
19
.94‌
2,703,046‌
0
.36‌
0
.34‌
5
.08‌
79‌
(
7
.96‌
)
2,281,685‌
0
.36‌
0
.35‌
5
.63‌
42‌
5
.54‌
212,750‌
0
.62‌
c
0
.62‌
c
6
.26‌
c
37‌
10
.65‌
211,789‌
0
.62‌
0
.62‌
6
.16‌
46‌
(
3
.07‌
)
220,167‌
0
.61‌
0
.60‌
5
.42‌
39‌
(
0
.08‌
)
265,385‌
0
.61‌
0
.59‌
4
.43‌
70‌
f
19
.64‌
306,428‌
0
.61‌
0
.59‌
4
.85‌
79‌
(
8
.19‌
)
294,164‌
0
.61‌
0
.60‌
5
.39‌
42‌
5
.87‌
407,712‌
0
.37‌
c
0.00‌
c
6
.87‌
c
37‌
11
.46‌
405,583‌
0
.37‌
0.00‌
6
.77‌
46‌
(
2
.61‌
)
534,772‌
0
.36‌
0.00‌
6
.05‌
39‌
0
.51‌
450,278‌
0
.36‌
0.00‌
5
.02‌
70‌
f
20
.34‌
469,612‌
0
.36‌
0.00‌
5
.42‌
79‌
(
7
.64‌
)
378,659‌
0
.36‌
0.00‌
6
.00‌
42‌
Financial
Highlights
(continued)
See
Notes
to
Financial
Statements
350
Financial
Highlights
(continued)
The
following
data
is
for
a
share outstanding
for
each
fiscal year
end
unless
otherwise
noted:
Investment
Operations
Less
Distributions
Net
Asset
Value,
Beginning
of
Period
Net
Investment
Income
(Loss)
a
Net
Realized/
Unrealized
Gain
(Loss)
Total
From
Net
Investment
Income
From
Net
Realized
Gains
Total
Net
Asset
Value,
End
of
Period
8.9
Short
Duration
Impact
Bond
Class
A:
9/30/24
#
$
9
.57‌
$
0
.21‌
$
0
.15‌
$
0
.36‌
$
(
0
.21‌
)
$
—‌
$
(
0
.21‌
)
$
9
.72‌
3/31/24
9
.58‌
0
.39‌
(
0
.01‌
)
0
.38‌
(
0
.39‌
)
—‌
(
0
.39‌
)
9
.57‌
3/31/23
9
.82‌
0
.26‌
(
0
.25‌
)
0
.01‌
(
0
.25‌
)
—‌
(
0
.25‌
)
9
.58‌
3/31/22
10
.25‌
0
.13‌
(
0
.38‌
)
(
0
.25‌
)
(
0
.13‌
)
(
0
.05‌
)
(
0
.18‌
)
9
.82‌
3/31/21
9
.86‌
0
.18‌
0
.48‌
0
.66‌
(
0
.18‌
)
(
0
.09‌
)
(
0
.27‌
)
10
.25‌
3/31/20
10
.08‌
0
.25‌
(
0
.17‌
)
0
.08‌
(
0
.25‌
)
(
0
.05‌
)
(
0
.30‌
)
9
.86‌
Class
I:
9/30/24
#
9
.56‌
0
.22‌
0
.16‌
0
.38‌
(
0
.23‌
)
—‌
(
0
.23‌
)
9
.71‌
3/31/24
9
.57‌
0
.41‌
(
0
.01‌
)
0
.40‌
(
0
.41‌
)
—‌
(
0
.41‌
)
9
.56‌
3/31/23
9
.82‌
0
.26‌
(
0
.23‌
)
0
.03‌
(
0
.28‌
)
—‌
(
0
.28‌
)
9
.57‌
3/31/22
10
.25‌
0
.15‌
(
0
.38‌
)
(
0
.23‌
)
(
0
.15‌
)
(
0
.05‌
)
(
0
.20‌
)
9
.82‌
3/31/21
9
.86‌
0
.20‌
0
.48‌
0
.68‌
(
0
.20‌
)
(
0
.09‌
)
(
0
.29‌
)
10
.25‌
3/31/20
10
.08‌
0
.28‌
(
0
.17‌
)
0
.11‌
(
0
.28‌
)
(
0
.05‌
)
(
0
.33‌
)
9
.86‌
Premier
Class:
9/30/24
#
9
.57‌
0
.22‌
0
.15‌
0
.37‌
(
0
.22‌
)
—‌
(
0
.22‌
)
9
.72‌
3/31/24
9
.58‌
0
.40‌
(
0
.01‌
)
0
.39‌
(
0
.40‌
)
—‌
(
0
.40‌
)
9
.57‌
3/31/23
9
.82‌
0
.26‌
(
0
.24‌
)
0
.02‌
(
0
.26‌
)
—‌
(
0
.26‌
)
9
.58‌
3/31/22
10
.25‌
0
.14‌
(
0
.38‌
)
(
0
.24‌
)
(
0
.14‌
)
(
0
.05‌
)
(
0
.19‌
)
9
.82‌
3/31/21
9
.86‌
0
.19‌
0
.48‌
0
.67‌
(
0
.19‌
)
(
0
.09‌
)
(
0
.28‌
)
10
.25‌
3/31/20
10
.08‌
0
.27‌
(
0
.17‌
)
0
.10‌
(
0
.27‌
)
(
0
.05‌
)
(
0
.32‌
)
9
.86‌
Class
R6:
9/30/24
#
9
.57‌
0
.22‌
0
.16‌
0
.38‌
(
0
.23‌
)
—‌
(
0
.23‌
)
9
.72‌
3/31/24
9
.58‌
0
.42‌
(
0
.02‌
)
0
.40‌
(
0
.41‌
)
—‌
(
0
.41‌
)
9
.57‌
3/31/23
9
.82‌
0
.30‌
(
0
.26‌
)
0
.04‌
(
0
.28‌
)
—‌
(
0
.28‌
)
9
.58‌
3/31/22
10
.25‌
0
.15‌
(
0
.38‌
)
(
0
.23‌
)
(
0
.15‌
)
(
0
.05‌
)
(
0
.20‌
)
9
.82‌
3/31/21
9
.86‌
0
.20‌
0
.48‌
0
.68‌
(
0
.20‌
)
(
0
.09‌
)
(
0
.29‌
)
10
.25‌
3/31/20
10
.08‌
0
.28‌
(
0
.17‌
)
0
.11‌
(
0
.28‌
)
(
0
.05‌
)
(
0
.33‌
)
9
.86‌
Retirement
Class:
9/30/24
#
9
.57‌
0
.21‌
0
.15‌
0
.36‌
(
0
.21‌
)
—‌
(
0
.21‌
)
9
.72‌
3/31/24
9
.58‌
0
.39‌
(
0
.01‌
)
0
.38‌
(
0
.39‌
)
—‌
(
0
.39‌
)
9
.57‌
3/31/23
9
.82‌
0
.25‌
(
0
.24‌
)
0
.01‌
(
0
.25‌
)
—‌
(
0
.25‌
)
9
.58‌
3/31/22
10
.25‌
0
.13‌
(
0
.38‌
)
(
0
.25‌
)
(
0
.13‌
)
(
0
.05‌
)
(
0
.18‌
)
9
.82‌
3/31/21
9
.86‌
0
.18‌
0
.48‌
0
.66‌
(
0
.18‌
)
(
0
.09‌
)
(
0
.27‌
)
10
.25‌
3/31/20
10
.08‌
0
.25‌
(
0
.16‌
)
0
.09‌
(
0
.26‌
)
(
0
.05‌
)
(
0
.31‌
)
9
.86‌
#
Unaudited
a
Based
on
average
shares
outstanding.
b
Total
returns
are
at
NAV
and
do
not
include
any
sales
charge.
Total
returns
are
not
annualized.
c
Percentage
is
annualized.
See
Notes
to
Financial
Statements
351
Ratios
and
Supplemental
Data
Ratios
to
Average
Net
Assets
Total
Return
b
Net
Assets,
End
of
Period
(000)
Gross
Expenses
Net
Expenses
Net
Investment
Income
(Loss)
Portfolio
Turnover
Rate
3
.82‌
%
$
3,145‌
0
.87‌
%
c
0
.63‌
%
c
4
.38‌
%
c
70‌
%
4
.04‌
3,170‌
0
.93‌
0
.63‌
4
.07‌
269‌
0
.17‌
3,270‌
0
.99‌
0
.59‌
2
.68‌
317‌
(
2
.54‌
)
2,232‌
1
.89‌
0
.60‌
1
.24‌
76‌
6
.67‌
2,207‌
1
.40‌
0
.59‌
1
.71‌
136‌
0
.74‌
1,233‌
1
.61‌
0
.68‌
2
.44‌
103‌
3
.98‌
2,028‌
0
.63‌
c
0
.39‌
c
4
.63‌
c
70‌
4
.30‌
1,809‌
0
.68‌
0
.38‌
4
.32‌
269‌
0
.36‌
1,746‌
0
.78‌
0
.38‌
2
.74‌
317‌
(
2
.32‌
)
4,866‌
1
.01‌
0
.39‌
1
.47‌
76‌
6
.92‌
1,077‌
1
.06‌
0
.35‌
1
.99‌
136‌
1
.07‌
986‌
1
.18‌
0
.35‌
2
.77‌
103‌
3
.88‌
972‌
0
.75‌
c
0
.50‌
c
4
.51‌
c
70‌
4
.18‌
957‌
0
.80‌
0
.50‌
4
.20‌
269‌
0
.27‌
958‌
0
.89‌
0
.49‌
2
.74‌
317‌
(
2
.44‌
)
982‌
1
.12‌
0
.50‌
1
.35‌
76‌
6
.76‌
1,025‌
1
.21‌
0
.50‌
1
.84‌
136‌
0
.93‌
986‌
1
.34‌
0
.50‌
2
.62‌
103‌
3
.98‌
65,067‌
0
.59‌
c
0
.35‌
c
4
.66‌
c
70‌
4
.33‌
63,995‌
0
.65‌
0
.35‌
4
.37‌
269‌
0
.42‌
57,126‌
0
.74‌
0
.34‌
3
.13‌
317‌
(
2
.29‌
)
24,494‌
0
.96‌
0
.35‌
1
.50‌
76‌
6
.92‌
23,952‌
1
.06‌
0
.35‌
1
.99‌
136‌
1
.08‌
22,112‌
1
.18‌
0
.35‌
2
.77‌
103‌
3
.83‌
5,817‌
0
.84‌
c
0
.60‌
c
4
.41‌
c
70‌
4
.07‌
5,949‌
0
.90‌
0
.60‌
4
.09‌
269‌
0
.17‌
6,583‌
0
.99‌
0
.59‌
2
.65‌
317‌
(
2
.51‌
)
5,683‌
1
.22‌
0
.57‌
1
.28‌
76‌
6
.66‌
4,737‌
1
.31‌
0
.60‌
1
.72‌
136‌
0
.83‌
3,260‌
1
.43‌
0
.60‌
2
.51‌
103‌
Financial
Highlights
(continued)
See
Notes
to
Financial
Statements
352
Financial
Highlights
(continued)
The
following
data
is
for
a
share outstanding
for
each
fiscal year
end
unless
otherwise
noted:
Investment
Operations
Less
Distributions
Net
Asset
Value,
Beginning
of
Period
Net
Investment
Income
(Loss)
a
Net
Realized/
Unrealized
Gain
(Loss)
Total
From
Net
Investment
Income
From
Net
Realized
Gains
Total
Net
Asset
Value,
End
of
Period
9.01
Short
Term
Bond
Class
A:
9/30/24
#
$
9
.99‌
$
0
.20‌
$
0
.19‌
$
0
.39‌
$
(
0
.20‌
)
$
—‌
$
(
0
.20‌
)
$
10
.18‌
3/31/24
9
.91‌
0
.35‌
0
.08‌
0
.43‌
(
0
.35‌
)
—‌
(
0
.35‌
)
9
.99‌
3/31/23
10
.13‌
0
.24‌
(
0
.21‌
)
0
.03‌
(
0
.24‌
)
(
0
.01‌
)
(
0
.25‌
)
9
.91‌
3/31/22
10
.47‌
0
.13‌
(
0
.33‌
)
(
0
.20‌
)
(
0
.13‌
)
(
0
.01‌
)
(
0
.14‌
)
10
.13‌
3/31/21
10
.23‌
0
.14‌
0
.25‌
0
.39‌
(
0
.14‌
)
(
0
.01‌
)
(
0
.15‌
)
10
.47‌
3/31/20
10
.30‌
0
.24‌
(
0
.07‌
)
0
.17‌
(
0
.24‌
)
—‌
(
0
.24‌
)
10
.23‌
Class
I:
9/30/24
#
9
.98‌
0
.21‌
0
.19‌
0
.40‌
(
0
.21‌
)
—‌
(
0
.21‌
)
10
.17‌
3/31/24
9
.90‌
0
.37‌
0
.08‌
0
.45‌
(
0
.37‌
)
—‌
(
0
.37‌
)
9
.98‌
3/31/23
10
.12‌
0
.26‌
(
0
.21‌
)
0
.05‌
(
0
.26‌
)
(
0
.01‌
)
(
0
.27‌
)
9
.90‌
3/31/22
10
.46‌
0
.15‌
(
0
.33‌
)
(
0
.18‌
)
(
0
.15‌
)
(
0
.01‌
)
(
0
.16‌
)
10
.12‌
3/31/21
10
.21‌
0
.16‌
0
.27‌
0
.43‌
(
0
.17‌
)
(
0
.01‌
)
(
0
.18‌
)
10
.46‌
3/31/20
10
.29‌
0
.26‌
(
0
.08‌
)
0
.18‌
(
0
.26‌
)
—‌
(
0
.26‌
)
10
.21‌
Premier
Class:
9/30/24
#
9
.99‌
0
.21‌
0
.19‌
0
.40‌
(
0
.21‌
)
—‌
(
0
.21‌
)
10
.18‌
3/31/24
9
.91‌
0
.36‌
0
.08‌
0
.44‌
(
0
.36‌
)
—‌
(
0
.36‌
)
9
.99‌
3/31/23
10
.13‌
0
.26‌
(
0
.21‌
)
0
.05‌
(
0
.26‌
)
(
0
.01‌
)
(
0
.27‌
)
9
.91‌
3/31/22
10
.48‌
0
.15‌
(
0
.34‌
)
(
0
.19‌
)
(
0
.15‌
)
(
0
.01‌
)
(
0
.16‌
)
10
.13‌
3/31/21
10
.23‌
0
.16‌
0
.26‌
0
.42‌
(
0
.16‌
)
(
0
.01‌
)
(
0
.17‌
)
10
.48‌
3/31/20
10
.30‌
0
.26‌
(
0
.07‌
)
0
.19‌
(
0
.26‌
)
—‌
(
0
.26‌
)
10
.23‌
Class
R6:
9/30/24
#
9
.98‌
0
.22‌
0
.19‌
0
.41‌
(
0
.22‌
)
—‌
(
0
.22‌
)
10
.17‌
3/31/24
9
.90‌
0
.38‌
0
.08‌
0
.46‌
(
0
.38‌
)
—‌
(
0
.38‌
)
9
.98‌
3/31/23
10
.12‌
0
.27‌
(
0
.21‌
)
0
.06‌
(
0
.27‌
)
(
0
.01‌
)
(
0
.28‌
)
9
.90‌
3/31/22
10
.47‌
0
.16‌
(
0
.34‌
)
(
0
.18‌
)
(
0
.16‌
)
(
0
.01‌
)
(
0
.17‌
)
10
.12‌
3/31/21
10
.22‌
0
.17‌
0
.26‌
0
.43‌
(
0
.17‌
)
(
0
.01‌
)
(
0
.18‌
)
10
.47‌
3/31/20
10
.29‌
0
.27‌
(
0
.07‌
)
0
.20‌
(
0
.27‌
)
—‌
(
0
.27‌
)
10
.22‌
Retirement
Class:
9/30/24
#
9
.99‌
0
.21‌
0
.20‌
0
.41‌
(
0
.21‌
)
—‌
(
0
.21‌
)
10
.19‌
3/31/24
9
.92‌
0
.35‌
0
.07‌
0
.42‌
(
0
.35‌
)
—‌
(
0
.35‌
)
9
.99‌
3/31/23
10
.13‌
0
.25‌
(
0
.20‌
)
0
.05‌
(
0
.25‌
)
(
0
.01‌
)
(
0
.26‌
)
9
.92‌
3/31/22
10
.48‌
0
.14‌
(
0
.34‌
)
(
0
.20‌
)
(
0
.14‌
)
(
0
.01‌
)
(
0
.15‌
)
10
.13‌
3/31/21
10
.23‌
0
.15‌
0
.26‌
0
.41‌
(
0
.15‌
)
(
0
.01‌
)
(
0
.16‌
)
10
.48‌
3/31/20
10
.30‌
0
.25‌
(
0
.07‌
)
0
.18‌
(
0
.25‌
)
—‌
(
0
.25‌
)
10
.23‌
Class
W:
9/30/24
#
9
.98‌
0
.23‌
0
.19‌
0
.42‌
(
0
.23‌
)
—‌
(
0
.23‌
)
10
.17‌
3/31/24
9
.90‌
0
.40‌
0
.08‌
0
.48‌
(
0
.40‌
)
—‌
(
0
.40‌
)
9
.98‌
3/31/23
10
.12‌
0
.30‌
(
0
.21‌
)
0
.09‌
(
0
.30‌
)
(
0
.01‌
)
(
0
.31‌
)
9
.90‌
3/31/22
10
.46‌
0
.19‌
(
0
.33‌
)
(
0
.14‌
)
(
0
.19‌
)
(
0
.01‌
)
(
0
.20‌
)
10
.12‌
3/31/21
10
.22‌
0
.20‌
0
.25‌
0
.45‌
(
0
.20‌
)
(
0
.01‌
)
(
0
.21‌
)
10
.46‌
3/31/20
10
.29‌
0
.30‌
(
0
.07‌
)
0
.23‌
(
0
.30‌
)
—‌
(
0
.30‌
)
10
.22‌
#
Unaudited
a
Based
on
average
shares
outstanding.
b
Total
returns
are
at
NAV
and
do
not
include
any
sales
charge.
Total
returns
are
not
annualized.
c
Percentage
is
annualized.
See
Notes
to
Financial
Statements
353
Ratios
and
Supplemental
Data
Ratios
to
Average
Net
Assets
Total
Return
b
Net
Assets,
End
of
Period
(000)
Gross
Expenses
Net
Expenses
Net
Investment
Income
(Loss)
Portfolio
Turnover
Rate
Portfolio
Turnover
Rate
Excluding
Mortgage
Dollar
Rolls
3
.97‌
%
$
113,648‌
0
.58‌
%
c
0
.58‌
%
c
4
.02‌
%
c
88‌
%
88‌
%
4
.40‌
113,691‌
0
.58‌
0
.58‌
3
.50‌
114‌
114‌
0
.36‌
123,364‌
0
.58‌
0
.58‌
2
.42‌
157‌
157‌
(
1
.88‌
)
143,840‌
0
.57‌
0
.54‌
1
.28‌
104‌
104‌
3
.82‌
162,317‌
0
.56‌
0
.56‌
1
.37‌
167‌
161‌
1
.65‌
173,174‌
0
.57‌
0
.57‌
2
.31‌
139‌
139‌
4
.09‌
188,550‌
0
.36‌
c
0
.36‌
c
4
.24‌
c
88‌
88‌
4
.63‌
184,642‌
0
.36‌
0
.36‌
3
.72‌
114‌
114‌
0
.58‌
220,856‌
0
.36‌
0
.36‌
2
.64‌
157‌
157‌
(
1
.70‌
)
235,228‌
0
.35‌
0
.35‌
1
.48‌
104‌
104‌
4
.15‌
230,355‌
0
.35‌
0
.35‌
1
.57‌
167‌
161‌
1
.76‌
169,158‌
0
.35‌
0
.35‌
2
.51‌
139‌
139‌
4
.05‌
2,077‌
0
.42‌
c
0
.42‌
c
4
.17‌
c
88‌
88‌
4
.57‌
2,337‌
0
.42‌
0
.42‌
3
.64‌
114‌
114‌
0
.52‌
3,521‌
0
.42‌
0
.42‌
2
.57‌
157‌
157‌
(
1
.85‌
)
3,733‌
0
.42‌
0
.42‌
1
.42‌
104‌
104‌
4
.07‌
3,199‌
0
.41‌
0
.41‌
1
.55‌
167‌
161‌
1
.80‌
4,195‌
0
.42‌
0
.42‌
2
.50‌
139‌
139‌
4
.13‌
492,921‌
0
.26‌
c
0
.26‌
c
4
.33‌
c
88‌
88‌
4
.73‌
449,543‌
0
.27‌
0
.27‌
3
.80‌
114‌
114‌
0
.67‌
585,208‌
0
.27‌
0
.27‌
2
.74‌
157‌
157‌
(
1
.70‌
)
523,478‌
0
.26‌
0
.26‌
1
.56‌
104‌
104‌
4
.23‌
666,050‌
0
.26‌
0
.26‌
1
.66‌
167‌
161‌
1
.95‌
616,292‌
0
.27‌
0
.27‌
2
.63‌
139‌
139‌
4
.10‌
139,394‌
0
.51‌
c
0
.51‌
c
4
.07‌
c
88‌
88‌
4
.36‌
171,099‌
0
.52‌
0
.52‌
3
.56‌
114‌
114‌
0
.52‌
204,233‌
0
.52‌
0
.52‌
2
.54‌
157‌
157‌
(
1
.95‌
)
118,117‌
0
.51‌
0
.51‌
1
.31‌
104‌
104‌
3
.97‌
142,261‌
0
.51‌
0
.51‌
1
.40‌
167‌
161‌
1
.70‌
112,810‌
0
.52‌
0
.52‌
2
.37‌
139‌
139‌
4
.27‌
930,241‌
0
.26‌
c
0.00‌
c
4
.59‌
c
88‌
88‌
5
.01‌
934,167‌
0
.27‌
0.00‌
4
.10‌
114‌
114‌
0
.94‌
862,657‌
0
.27‌
0.00‌
2
.99‌
157‌
157‌
(
1
.35‌
)
972,321‌
0
.26‌
0.00‌
1
.83‌
104‌
104‌
4
.41‌
955,303‌
0
.26‌
0.00‌
1
.91‌
167‌
161‌
2
.22‌
734,717‌
0
.27‌
0.00‌
2
.90‌
139‌
139‌
Financial
Highlights
(continued)
See
Notes
to
Financial
Statements
354
Financial
Highlights
(continued)
The
following
data
is
for
a
share outstanding
for
each
fiscal year
end
unless
otherwise
noted:
Investment
Operations
Less
Distributions
Net
Asset
Value,
Beginning
of
Period
Net
Investment
Income
(Loss)
a
Net
Realized/
Unrealized
Gain
(Loss)
Total
From
Net
Investment
Income
From
Net
Realized
Gains
Total
Net
Asset
Value,
End
of
Period
9.1
Short
Term
Bond
Index
Class
A:
9/30/24
#
$
9
.55‌
$
0
.19‌
$
0
.16‌
$
0
.35‌
$
(
0
.19‌
)
$
—‌
$
(
0
.19‌
)
$
9
.71‌
3/31/24
9
.57‌
0
.31‌
(
0
.02‌
)
0
.29‌
(
0
.31‌
)
—‌
(
0
.31‌
)
9
.55‌
3/31/23
9
.71‌
0
.13‌
(
0
.14‌
)
(
0
.01‌
)
(
0
.13‌
)
—‌
(
0
.13‌
)
9
.57‌
3/31/22
10
.11‌
0
.02‌
(
0
.36‌
)
(
0
.34‌
)
(
0
.02‌
)
(
0
.04‌
)
(
0
.06‌
)
9
.71‌
3/31/21
10
.12‌
0
.10‌
0
.02‌
0
.12‌
(
0
.10‌
)
(
0
.03‌
)
(
0
.13‌
)
10
.11‌
3/31/20
9
.91‌
0
.19‌
0
.21‌
0
.40‌
(
0
.19‌
)
—‌
(
0
.19‌
)
10
.12‌
Class
I:
9/30/24
#
9
.55‌
0
.20‌
0
.16‌
0
.36‌
(
0
.20‌
)
—‌
(
0
.20‌
)
9
.71‌
3/31/24
9
.57‌
0
.33‌
(
0
.01‌
)
0
.32‌
(
0
.34‌
)
—‌
(
0
.34‌
)
9
.55‌
3/31/23
9
.71‌
0
.15‌
(
0
.14‌
)
0
.01‌
(
0
.15‌
)
—‌
(
0
.15‌
)
9
.57‌
3/31/22
10
.11‌
0
.04‌
(
0
.36‌
)
(
0
.32‌
)
(
0
.04‌
)
(
0
.04‌
)
(
0
.08‌
)
9
.71‌
3/31/21
10
.12‌
0
.12‌
0
.02‌
0
.14‌
(
0
.12‌
)
(
0
.03‌
)
(
0
.15‌
)
10
.11‌
3/31/20
9
.91‌
0
.21‌
0
.21‌
0
.42‌
(
0
.21‌
)
—‌
(
0
.21‌
)
10
.12‌
Premier
Class:
9/30/24
#
9
.55‌
0
.20‌
0
.16‌
0
.36‌
(
0
.20‌
)
—‌
(
0
.20‌
)
9
.71‌
3/31/24
9
.57‌
0
.33‌
(
0
.02‌
)
0
.31‌
(
0
.33‌
)
—‌
(
0
.33‌
)
9
.55‌
3/31/23
9
.71‌
0
.13‌
(
0
.12‌
)
0
.01‌
(
0
.15‌
)
—‌
(
0
.15‌
)
9
.57‌
3/31/22
10
.10‌
0
.04‌
(
0
.35‌
)
(
0
.31‌
)
(
0
.04‌
)
(
0
.04‌
)
(
0
.08‌
)
9
.71‌
3/31/21
10
.12‌
0
.12‌
0
.01‌
0
.13‌
(
0
.12‌
)
(
0
.03‌
)
(
0
.15‌
)
10
.10‌
3/31/20
9
.90‌
0
.21‌
0
.22‌
0
.43‌
(
0
.21‌
)
—‌
(
0
.21‌
)
10
.12‌
Class
R6:
9/30/24
#
9
.55‌
0
.21‌
0
.17‌
0
.38‌
(
0
.21‌
)
—‌
(
0
.21‌
)
9
.72‌
3/31/24
9
.58‌
0
.35‌
(
0
.03‌
)
0
.32‌
(
0
.35‌
)
—‌
(
0
.35‌
)
9
.55‌
3/31/23
9
.72‌
0
.16‌
(
0
.14‌
)
0
.02‌
(
0
.16‌
)
—‌
(
0
.16‌
)
9
.58‌
3/31/22
10
.11‌
0
.05‌
(
0
.35‌
)
(
0
.30‌
)
(
0
.05‌
)
(
0
.04‌
)
(
0
.09‌
)
9
.72‌
3/31/21
10
.12‌
0
.13‌
0
.02‌
0
.15‌
(
0
.13‌
)
(
0
.03‌
)
(
0
.16‌
)
10
.11‌
3/31/20
9
.91‌
0
.22‌
0
.21‌
0
.43‌
(
0
.22‌
)
—‌
(
0
.22‌
)
10
.12‌
Retirement
Class:
9/30/24
#
9
.55‌
0
.20‌
0
.17‌
0
.37‌
(
0
.20‌
)
—‌
(
0
.20‌
)
9
.72‌
3/31/24
9
.58‌
0
.33‌
(
0
.04‌
)
0
.29‌
(
0
.32‌
)
—‌
(
0
.32‌
)
9
.55‌
3/31/23
9
.71‌
0
.14‌
(
0
.13‌
)
0
.01‌
(
0
.14‌
)
—‌
(
0
.14‌
)
9
.58‌
3/31/22
10
.11‌
0
.03‌
(
0
.36‌
)
(
0
.33‌
)
(
0
.03‌
)
(
0
.04‌
)
(
0
.07‌
)
9
.71‌
3/31/21
10
.12‌
0
.10‌
0
.03‌
0
.13‌
(
0
.11‌
)
(
0
.03‌
)
(
0
.14‌
)
10
.11‌
3/31/20
9
.91‌
0
.19‌
0
.22‌
0
.41‌
(
0
.20‌
)
—‌
(
0
.20‌
)
10
.12‌
Class
W:
9/30/24
#
9
.55‌
0
.21‌
0
.17‌
0
.38‌
(
0
.21‌
)
—‌
(
0
.21‌
)
9
.72‌
3/31/24
9
.58‌
0
.36‌
(
0
.04‌
)
0
.32‌
(
0
.35‌
)
—‌
(
0
.35‌
)
9
.55‌
3/31/23
9
.72‌
0
.17‌
(
0
.14‌
)
0
.03‌
(
0
.17‌
)
—‌
(
0
.17‌
)
9
.58‌
3/31/22
10
.11‌
0
.06‌
(
0
.35‌
)
(
0
.29‌
)
(
0
.06‌
)
(
0
.04‌
)
(
0
.10‌
)
9
.72‌
3/31/21
10
.12‌
0
.14‌
0
.02‌
0
.16‌
(
0
.14‌
)
(
0
.03‌
)
(
0
.17‌
)
10
.11‌
3/31/20
9
.91‌
0
.23‌
0
.21‌
0
.44‌
(
0
.23‌
)
—‌
(
0
.23‌
)
10
.12‌
#
Unaudited
a
Based
on
average
shares
outstanding.
b
Total
returns
are
at
NAV
and
do
not
include
any
sales
charge.
Total
returns
are
not
annualized.
c
Percentage
is
annualized.
See
Notes
to
Financial
Statements
355
Ratios
and
Supplemental
Data
Ratios
to
Average
Net
Assets
Total
Return
b
Net
Assets,
End
of
Period
(000)
Gross
Expenses
Net
Expenses
Net
Investment
Income
(Loss)
Portfolio
Turnover
Rate
3
.72‌
%
$
2,520‌
0
.46‌
%
c
0
.45‌
%
c
3
.97‌
%
c
27‌
%
3
.14‌
2,507‌
0
.42‌
0
.42‌
3
.30‌
53‌
(
0
.05‌
)
2,587‌
0
.37‌
0
.37‌
1
.37‌
69‌
(
3
.35‌
)
2,831‌
0
.83‌
0
.46‌
0
.18‌
49‌
1
.12‌
4,318‌
0
.44‌
0
.44‌
0
.94‌
48‌
4
.05‌
3,115‌
0
.50‌
0
.47‌
1
.87‌
66‌
3
.85‌
514‌
0
.20‌
c
0
.20‌
c
4
.22‌
c
27‌
3
.37‌
586‌
0
.20‌
0
.20‌
3
.52‌
53‌
0
.12‌
592‌
0
.20‌
0
.20‌
1
.53‌
69‌
(
3
.16‌
)
789‌
0
.22‌
0
.22‌
0
.43‌
49‌
1
.32‌
696‌
0
.24‌
0
.24‌
1
.14‌
48‌
4
.25‌
645‌
0
.27‌
0
.27‌
2
.09‌
66‌
3
.82‌
306‌
0
.25‌
c
0
.25‌
c
4
.17‌
c
27‌
3
.32‌
337‌
0
.24‌
0
.24‌
3
.45‌
53‌
0
.08‌
408‌
0
.24‌
0
.24‌
1
.38‌
69‌
(
3
.10‌
)
659‌
0
.26‌
0
.26‌
0
.38‌
49‌
1
.30‌
633‌
0
.26‌
0
.26‌
1
.14‌
48‌
4
.25‌
621‌
0
.28‌
0
.27‌
2
.06‌
66‌
4
.02‌
60,893‌
0
.08‌
c
0
.08‌
c
4
.33‌
c
27‌
3
.38‌
79,944‌
0
.08‌
0
.08‌
3
.65‌
53‌
0
.24‌
75,270‌
0
.08‌
0
.08‌
1
.69‌
69‌
(
2
.94‌
)
77,863‌
0
.10‌
0
.10‌
0
.54‌
49‌
1
.45‌
77,335‌
0
.11‌
0
.11‌
1
.26‌
48‌
4
.41‌
54,735‌
0
.13‌
0
.12‌
2
.21‌
66‌
3
.89‌
815,137‌
0
.33‌
c
0
.33‌
c
4
.10‌
c
27‌
3
.13‌
678,476‌
0
.33‌
0
.33‌
3
.45‌
53‌
(
0
.01‌
)
450,126‌
0
.33‌
0
.33‌
1
.51‌
69‌
(
3
.18‌
)
309,263‌
0
.35‌
0
.35‌
0
.29‌
49‌
1
.20‌
179,545‌
0
.36‌
0
.36‌
0
.98‌
48‌
4
.15‌
83,232‌
0
.38‌
0
.37‌
1
.96‌
66‌
4
.06‌
1,347,454‌
0
.08‌
c
0.00‌
c
4
.42‌
c
27‌
3
.46‌
1,234,423‌
0
.08‌
0.00‌
3
.74‌
53‌
0
.32‌
1,044,339‌
0
.08‌
0.00‌
1
.79‌
69‌
(
2
.85‌
)
970,293‌
0
.10‌
0.00‌
0
.64‌
49‌
1
.56‌
803,300‌
0
.11‌
0.00‌
1
.36‌
48‌
4
.53‌
532,333‌
0
.13‌
0.00‌
2
.33‌
66‌
Financial
Highlights
(continued)
See
Notes
to
Financial
Statements
356
Financial
Highlights
(continued)
The
following
data
is
for
a
share outstanding
for
each
fiscal year
end
unless
otherwise
noted:
Investment
Operations
Less
Distributions
Net
Asset
Value,
Beginning
of
Period
Net
Investment
Income
(Loss)
a
Net
Realized/
Unrealized
Gain
(Loss)
Total
From
Net
Investment
Income
From
Net
Realized
Gains
Total
Net
Asset
Value,
End
of
Period
9.2
Money
Market
Class
A:
9/30/24
#
$
1
.00‌
$
0
.02‌
$
—‌
$
0
.02‌
$
(
0
.02‌
)
$
—‌
$
(
0
.02‌
)
$
1
.00‌
3/31/24
1
.00‌
0
.05‌
0
.00‌
d
0
.05‌
(
0
.05‌
)
—‌
(
0
.05‌
)
1
.00‌
3/31/23
1
.00‌
0
.02‌
0
.00‌
d
0
.02‌
(
0
.02‌
)
—‌
(
0
.02‌
)
1
.00‌
3/31/22
1
.00‌
—‌
—‌
—‌
—‌
—‌
—‌
1
.00‌
3/31/21
1
.00‌
0
.00‌
d
—‌
0
.00‌
d
(
0
.00‌
)
d
—‌
(
0
.00‌
)
d
1
.00‌
3/31/20
1
.00‌
0
.02‌
—‌
0
.02‌
(
0
.02‌
)
—‌
(
0
.02‌
)
1
.00‌
Class
I:
9/30/24
#
1
.00‌
0
.03‌
—‌
0
.03‌
(
0
.03‌
)
—‌
(
0
.03‌
)
1
.00‌
3/31/24
1
.00‌
0
.05‌
0
.00‌
d
0
.05‌
(
0
.05‌
)
—‌
(
0
.05‌
)
1
.00‌
3/31/23
1
.00‌
0
.04‌
(
0
.01‌
)
0
.03‌
(
0
.03‌
)
—‌
(
0
.03‌
)
1
.00‌
3/31/22
1
.00‌
—‌
—‌
—‌
—‌
—‌
—‌
1
.00‌
3/31/21
1
.00‌
0
.00‌
d
—‌
0
.00‌
d
(
0
.00‌
)
d
—‌
(
0
.00‌
)
d
1
.00‌
3/31/20
1
.00‌
0
.02‌
—‌
0
.02‌
(
0
.02‌
)
—‌
(
0
.02‌
)
1
.00‌
Premier
Class:
9/30/24
#
1
.00‌
0
.03‌
—‌
0
.03‌
(
0
.03‌
)
—‌
(
0
.03‌
)
1
.00‌
3/31/24
1
.00‌
0
.05‌
0
.00‌
d
0
.05‌
(
0
.05‌
)
—‌
(
0
.05‌
)
1
.00‌
3/31/23
1
.00‌
0
.03‌
(
0
.01‌
)
0
.02‌
(
0
.02‌
)
—‌
(
0
.02‌
)
1
.00‌
3/31/22
1
.00‌
—‌
—‌
—‌
—‌
—‌
—‌
1
.00‌
3/31/21
1
.00‌
0
.00‌
d
—‌
0
.00‌
d
(
0
.00‌
)
d
—‌
(
0
.00‌
)
d
1
.00‌
3/31/20
1
.00‌
0
.02‌
—‌
0
.02‌
(
0
.02‌
)
—‌
(
0
.02‌
)
1
.00‌
Class
R6:
9/30/24
#
1
.00‌
0
.03‌
—‌
0
.03‌
(
0
.03‌
)
—‌
(
0
.03‌
)
1
.00‌
3/31/24
1
.00‌
0
.05‌
0
.00‌
d
0
.05‌
(
0
.05‌
)
—‌
(
0
.05‌
)
1
.00‌
3/31/23
1
.00‌
0
.03‌
0
.00‌
d
0
.03‌
(
0
.03‌
)
—‌
(
0
.03‌
)
1
.00‌
3/31/22
1
.00‌
—‌
—‌
—‌
—‌
—‌
—‌
1
.00‌
3/31/21
1
.00‌
0
.00‌
d
—‌
0
.00‌
d
(
0
.00‌
)
d
—‌
(
0
.00‌
)
d
1
.00‌
3/31/20
1
.00‌
0
.02‌
—‌
0
.02‌
(
0
.02‌
)
—‌
(
0
.02‌
)
1
.00‌
Retirement
Class:
9/30/24
#
1
.00‌
0
.02‌
—‌
0
.02‌
(
0
.02‌
)
—‌
(
0
.02‌
)
1
.00‌
3/31/24
1
.00‌
0
.05‌
0
.00‌
d
0
.05‌
(
0
.05‌
)
—‌
(
0
.05‌
)
1
.00‌
3/31/23
1
.00‌
0
.03‌
(
0
.01‌
)
0
.02‌
(
0
.02‌
)
—‌
(
0
.02‌
)
1
.00‌
3/31/22
1
.00‌
—‌
—‌
—‌
—‌
—‌
—‌
1
.00‌
3/31/21
1
.00‌
0
.00‌
d
—‌
0
.00‌
d
(
0
.00‌
)
d
—‌
(
0
.00‌
)
d
1
.00‌
3/31/20
1
.00‌
0
.02‌
—‌
0
.02‌
(
0
.02‌
)
—‌
(
0
.02‌
)
1
.00‌
#
Unaudited
a
Based
on
average
shares
outstanding.
b
Total
returns
are
at
NAV
and
do
not
include
any
sales
charge.
Total
returns
are
not
annualized.
c
Percentage
is
annualized.
d
Value
rounded
to
zero.
See
Notes
to
Financial
Statements
357
Ratios
and
Supplemental
Data
Ratios
to
Average
Net
Assets
Total
Return
b
Net
Assets,
End
of
Period
(000)
Gross
Expenses
Net
Expenses
Net
Investment
Income
(Loss)
2
.45‌
%
$
300,299‌
0
.46‌
%
c
0
.46‌
%
c
4
.85‌
%
c
4
.91‌
300,126‌
0
.47‌
0
.47‌
4
.81‌
2
.30‌
294,567‌
0
.46‌
0
.41‌
2
.28‌
0
.00‌
289,028‌
0
.48‌
0
.07‌
0
.00‌
0
.02‌
311,011‌
0
.47‌
0
.20‌
0
.02‌
1
.54‌
332,054‌
0
.47‌
0
.46‌
1
.53‌
2
.61‌
43,673‌
0
.16‌
c
0
.16‌
c
5
.15‌
c
5
.23‌
42,361‌
0
.16‌
0
.16‌
5
.12‌
2
.56‌
34,357‌
0
.16‌
0
.16‌
4
.20‌
0
.00‌
967‌
0
.17‌
0
.07‌
0
.00‌
0
.15‌
1,018‌
0
.08‌
0
.07‌
0
.15‌
1
.86‌
1,225‌
0
.17‌
0
.17‌
1
.79‌
2
.56‌
44,290‌
0
.27‌
c
0
.27‌
c
5
.05‌
c
5
.12‌
39,332‌
0
.27‌
0
.27‌
5
.00‌
2
.48‌
39,448‌
0
.27‌
0
.24‌
2
.58‌
0
.00‌
27,746‌
0
.27‌
0
.07‌
0
.00‌
0
.04‌
36,011‌
0
.27‌
0
.16‌
0
.07‌
1
.73‌
441,375‌
0
.28‌
0
.28‌
1
.51‌
2
.63‌
1,088,846‌
0
.12‌
c
0
.12‌
c
5
.20‌
c
5
.27‌
1,033,788‌
0
.12‌
0
.12‌
5
.16‌
2
.60‌
982,768‌
0
.12‌
0
.12‌
2
.72‌
0
.00‌
886,508‌
0
.13‌
0
.07‌
0
.00‌
0
.10‌
811,301‌
0
.12‌
0
.12‌
0
.11‌
1
.87‌
1,089,417‌
0
.13‌
0
.13‌
1
.83‌
2
.50‌
623,986‌
0
.37‌
c
0
.37‌
c
4
.94‌
c
5
.01‌
643,393‌
0
.37‌
0
.37‌
4
.91‌
2
.48‌
550,121‌
0
.37‌
0
.24‌
2
.87‌
0
.00‌
246,142‌
0
.38‌
0
.07‌
0
.00‌
0
.04‌
270,402‌
0
.37‌
0
.18‌
0
.05‌
1
.72‌
330,963‌
0
.38‌
0
.28‌
1
.68‌
358
Notes
to
Financial
Statements
(Unaudited)
1.
General
Information
Trust
and
Fund
Information:
TIAA-CREF
Funds
(the
“Trust”)
is
an
open-end
management
investment
company
registered
under
the
Investment
Company
Act
of
1940,
(“1940
Act”),
as
amended.
The
Trust
is
comprised
of
the
following
(collectively
the
“Funds”
or
individually,
the
“Fund”),
among
others:
Fund
Name
Changes:
Effective
May
1,
2024,
each
Fund’s
name
changed
as
noted
above
and
therefore
all
references
to
the
names
of
the
Funds
in
this
report
have
been
updated.
Current
Fiscal
Period:
 The
end
of
the
reporting
period
for
the Funds
is
September
30,
2024,
and
the
period
covered
by
these
Notes
to
Financial
Statements
is
the
six
months
ended
September
30,
2024
(the
"current
fiscal
period").
Investment
Advisor:
Teachers
Advisors,
LLC
(the
“Adviser”),
a
wholly
owned
indirect
subsidiary
of
Teachers
Insurance
and
Annuity
Association
of
America
(“TIAA”),
is
registered
with
the
SEC
as
an
investment
adviser
and
provides
investment
management
services
for
the
Funds.
Share
Classes
and
Sales
Charges:
The
Funds
offer
up
to
six
share
classes,
although
any
one
Fund
may
not
necessarily
offer
all
six
classes.
The
Funds
may
offer
Class
A,
Class
I,
Premier
Class,
Class
R6,
Retirement
Class
and
Class
W
shares.
Each
class
differs
by
the
allocation
of
class-specific
expenses
and
voting
rights
in
matters
affecting
a
single
class.
The
Funds
offer
their
shares,
through
their
principal
underwriter,
Nuveen
Securities,
LLC
(“Nuveen
Securities”),
which
is
a
wholly
owned
indirect
subsidiary
of
TIAA.
Effective
May
6,
2024,
a
sales
charge
is
imposed
on
purchases
of
Class
A
shares
(formerly
Retail
Class
shares)
of
the
Funds
(other
than
the
Money
Market
Fund)
of
less
than
certain
amounts,
as
set
forth
in
the
Funds'
prospectus.
Shareholders
with
an
account
held
directly
with
a
Fund
that
held
Class
A
shares
of
the
Funds
prior
to
May
6,
2024
will
not
be
subject
to
the
sales
charge
on
any
future
purchases
or
redemptions
of
Class
A
shares
of
that
Fund
or
any
other
fund
that
is
a
series
of
the
TIAA-CREF
Funds
or
is
a
Nuveen
Fund
in
their
account.
Such
shareholders
will
be
able
to
purchase
Class
A
shares
at
net
asset
value
(“NAV”).
Class
A
Shares
purchases
of
$250,000
or
more
with
respect
to
the
5-15
Year
Laddered
Tax
Exempt
Bond
Fund,
$500,000
or
more
with
respect
to
the
Short
Duration
Impact
Bond
Fund,
Short
Term
Bond
Fund
and
Short
Term
Bond
Index
Fund,
and
$1,000,000
or
more
with
respect
to
each
other
Fund
(other
than
the
Money
Market
Fund)
are
sold
at
NAV
without
an
up-front
sales
charge
but
may
be
subject
to
a
contingent
deferred
sales
charge
(“CDSC”)
of
1%
(0.70%
with
respect
to
the
Short
Duration
Impact
Bond
Fund,
Short
Term
Bond
Fund
and
Short
Term
Bond
Index
Fund)
if
redeemed
within
eighteen
months
of
purchase.
Class
I,
Premier
Class,
Class
R6,
Retirement
Class
and
Class
W
shares
are
sold
without
an
up-front
sales
charge. 
Share
Class
Name
Changes:
Effective
May
6,
2024,
the
names
of
certain
share
classes
for
the
Funds
changed
and
therefore
all
references
to
the
names
of
these
share
classes
in
this
report
have
changed
as
follows:
New
Name
Former
Name
Short
Name
Nuveen
Bond
Index
Fund
TIAA-CREF
Bond
Index
Fund
Bond
Index
Nuveen
Core
Bond
Fund
TIAA-CREF
Core
Bond
Fund
Core
Bond
Nuveen
Core
Impact
Bond
Fund
TIAA-CREF
Core
Impact
Bond
Fund
Core
Impact
Bond
Nuveen
Core
Plus
Bond
Fund
TIAA-CREF
Core
Plus
Bond
Fund
Core
Plus
Bond
Nuveen
5-15
Year
Laddered
Tax
Exempt
Bond
Fund
TIAA-CREF
5-15
Year
Laddered
Tax-Exempt
Bond
Fund
5-15
Year
Laddered
Tax
Exempt
Bond
Nuveen
Green
Bond
Fund
TIAA-CREF
Green
Bond
Fund
Green
Bond
Nuveen
High
Yield
Fund
TIAA-CREF
High-Yield
Fund
High
Yield
Nuveen
Short
Duration
Impact
Bond
Fund
TIAA-CREF
Short
Duration
Impact
Bond
Fund
Short
Duration
Impact
Bond
Nuveen
Short
Term
Bond
Fund
TIAA-CREF
Short-Term
Bond
Fund
Short
Term
Bond
Nuveen
Short
Term
Bond
Index
Fund
TIAA-CREF
Short-Term
Bond
Index
Fund
Short
Term
Bond
Index
Nuveen
Money
Market
Fund
TIAA-CREF
Money
Market
Fund
Money
Market
New
Name
Former
Name
Class
A
Retail
Class
Class
I
Advisor
Class
Class
R6
Institutional
Class
359
2.
Significant
Accounting
Policies
The
accompanying
financial
statements
were
prepared
in
accordance
with
accounting
principles
generally
accepted
in
the
United
States
of
America
(“U.S.
GAAP”),
which
may
require
the
use
of
estimates
made
by
management
and
the
evaluation
of
subsequent
events.
Actual
results
may
differ
from
those
estimates.
The Funds
are
investment
companies
and
follow
the
accounting
guidance
in
the
Financial
Accounting
Standards
Board
(“FASB”)
Accounting
Standards
Codification
946,
Financial
Services
Investment
Companies
. The NAV
for
financial
reporting
purposes
may
differ
from
the NAV
for
processing
transactions.
The NAV
for
financial
reporting
purposes
includes
security
and shareholder
transactions
through
the
date
of
the
report.
Total
return
is
computed
based
on
the NAV
used
for
processing
transactions.
The
following
is
a
summary
of
the
significant
accounting
policies
consistently
followed
by
the
Funds.
Basis
for
Consolidation:
 The
Core
Impact
Bond
Fund
and
the
Green
Bond
Fund
are
presented
on
a
consolidated
basis
with
the Nuveen
Core
Impact
Bond
Fund
Offshore
Limited
and
the Nuveen
Green
Bond
Fund
Offshore
Limited
(collectively,
the "Regulation
S
Subsidiaries”),
respectively. The
Regulation
S
Subsidiaries
(the
"Subsidiaries") are wholly
owned
subsidiaries
of
the
Core
Impact
Bond
Fund
and
the
Green
Bond Fund
organized
under
the
laws
of
the
Cayman
Islands.
The Subsidiaries
commenced
operations
on
September
11,
2024
and are
intended
to
provide
the
Funds
with
exposure
to
Regulation
S
fixed
income
securities.
Regulation
S
securities
are
securities
of
U.S.
and
non-U.S.
issuers
that
are
issued
through
private
placement
transactions
with
the
SEC
pursuant
to
Regulation
S
under
the
Securities
Act
of
1933,
as
amended. The
Subsidiaries
are
advised
by
the
Adviser
and
have
the
same
investment
objective
as
the respective Fund (except
that
the Subsidiaries may
invest
without
limitation
in
Regulation
S
securities).
All
inter-company
transactions
and
balances
have
been
eliminated.
Compensation:
The
Funds pay
the
members
of
the
Board
of
Trustees
("Board")
all
of
whom
are
independent,
certain
remuneration
for
their
services,
plus
travel
and
other
expenses.
The
Board
has
adopted
a
deferred
compensation
plan
for
independent
trustees
that
enables
trustees
to
elect
to
defer
receipt
of
all
or
a
portion
of
the
annual
compensation
they
are
entitled
to
receive
from
certain
Nuveen-advised
funds.
Under
the
plan,
deferred
amounts
are
treated
as
though
equal
dollar
amounts
had
been
invested
in
shares
of
select
Nuveen-advised
funds. Amounts
deferred
are
retained
by
the
Funds
until
paid.
Amounts
payable
to
the
trustees
for
compensation
are
included
separately
in the
accompanying
Statement
of
Assets
and
Liabilities.
Trustees’
fees,
including
any
deferred
compensation
incurred,
are
reflected
in
the
Statement
of
Operations.
Distributions
to
Shareholders:
Distributions
to
shareholders
are
recorded
on
the
ex-dividend
date.
The
amount,
character
and
timing
of
distributions
are
determined
in
accordance
with
federal
income
tax
regulations,
which
may
differ
from
U.S.
GAAP.
Foreign
Currency
Transactions
and
Translation:
The
books
and
records
of
the
Funds
are
maintained
in
U.S.
dollars.
Assets,
including
investments,
and
liabilities
denominated
in
foreign
currencies
are
translated
into
U.S.
dollars
at
the
end
of
each
day.
Purchases
and
sales
of
securities,
income,
and
expenses
are
translated
into
U.S.
dollars
at
the
prevailing
exchange
rate
on
the
respective
dates
of
the
transactions.
Net
realized
foreign
currency
gains
and
losses
resulting
from
changes
in
exchange
rates
associated
with
(i)
foreign
currency,
(ii)
investments
and
(iii)
derivatives
include
foreign
currency
gains
and
losses
between
trade
date
and
settlement
date
of
the
transactions,
foreign
currency
transactions,
and
the
difference
between
the
amounts
of
interest
and
dividends
recorded
on
the
books
of
the
Funds
and
the
amounts
actually
received
and
are
recognized
as
a
component
of
“Net
realized
gain
(loss)
from
foreign
currency
transactions”
on
the
Statement
of
Operations,
when
applicable. 
Regulation
S
Subsidiary
Core
Impact
Bond
Fund
Taxable
Offshore
Limited
Total
market
value
of
investments
$-
Net
assets
100
Net
investment
income
(loss)
-
Net
realized
gain
(loss)
-
Net
change
in
unrealized
appreciation
(depreciation)
-
%
of
Fund's
consolidated
net
assets
-%
Regulation
S
Subsidiary
Green
Bond
Fund
Taxable
Offshore
Limited
Total
market
value
of
investments
$-
Net
assets
100
Net
investment
income
(loss)
-
Net
realized
gain
(loss)
-
Net
change
in
unrealized
appreciation
(depreciation)
-
%
of
Fund's
consolidated
net
assets
-%
Notes
to
Financial
Statements
(continued)
360
The
unrealized
gains
and
losses
resulting
from
changes
in
foreign
currency
exchange
rates
and
changes
in
foreign
exchange
rates
associated
with
(i)
investments
and
(ii)
other
assets
and
liabilities
are
recognized
as
a
component
of
“Change
in
unrealized
appreciation
(depreciation)
of
foreign
currency
translations”
on
the
Statement
of
Operations,
when
applicable.
The
unrealized
gains
and
losses
resulting
from
changes
in
foreign
exchange
rates
associated
with
investments
in
derivatives
are
recognized
as
a
component
of
the
respective
derivative’s
related “Change
in
unrealized
appreciation
(depreciation)”
on
the
Statement
of
Operations,
when
applicable. 
Foreign
Taxes:
The Funds
may
be
subject
to
foreign
taxes
on
income,
gains
on
investments
or
currency
repatriation,
a
portion
of
which
may
be
recoverable.
The Funds
will
accrue
such
taxes
and
recoveries
as
applicable,
based
upon
the
current
interpretation
of
tax
rules
and
regulations
that
exist
in
the
markets
in
which
the Funds
invest.
Indemnification:
 Under
the
Trust's
organizational
documents,
its
officers
and
trustees
are
indemnified
against
certain
liabilities
arising
out
of
the
performance
of
their
duties
to
the
Trust.
In
addition,
in
the
normal
course
of
business,
the
Trust
enters
into
contracts
that
provide
general
indemnifications
to
other
parties.
The
Trust's
maximum
exposure
under
these
arrangements
is
unknown
as
this
would
involve
future
claims
that
may
be
made
against
the
Trust
that
have
not
yet
occurred.
However,
the
Trust
has
not
had
prior
claims
or
losses
pursuant
to
these
contracts
and
expects
the
risk
of
loss
to
be
remote.
Investments
and
Investment
Income:
Securities
transactions
are
accounted
for
as
of
the
trade
date
for
financial
reporting
purposes.
Interest
income
is
recorded
on
an
accrual
basis
and
includes
accretion
of
discounts
and
amortization
of
premiums.
Dividend
income
is
recorded
on
the
ex-dividend
date.
Foreign
dividend
income
is
recorded
on
the
ex-dividend
date
or
as
soon
as
possible
after
the Funds
determine
the
existence
of
a
dividend
declaration.
Securities
lending
income
is
comprised
of
fees
earned
from
borrowers
and
income
earned on
cash
collateral
investments. Realized
gains
and
losses
on
securities
transactions
are
based
upon
the
specific
identification
method.
Distributions
received
on
securities
that
represent
a
return
of
capital
or
capital
gains
are
recorded
as
a
reduction
of
cost
of
investments
and/or
as
a
realized
gain.
The
Funds estimate
the
components
of
distributions
received
that
may
be
considered
return
of
capital
distributions
or
capital
gain
distributions.
Multiclass
Operations
and
Allocations:
Income, expenses,
realized
gains
and
losses
and
unrealized
appreciation
and
depreciation
of
a
Fund
are
allocated
on
a
pro
rata
basis
to
each
class
of
shares,
except
for
service
agreement
fees,
distribution
fees
and
transfer
agency
fees
and
expenses, which
are
unique
to
each
class
of
shares.
Most
expenses
of
the
Trust
can
be
directly
attributed
to
a
Fund.
Expenses
that
cannot
be
directly
attributed
are
allocated
to
each
Fund
in
the
Trust
based
upon
the
average
net
assets
of
each
Fund.
Netting
Agreements:
In
the
ordinary
course
of
business,
the Funds
may
enter
into
transactions
subject
to
enforceable
master
repurchase
agreements,
International
Swaps
and
Derivatives
Association,
Inc.
(ISDA)
master
agreements
or
other
similar
arrangements
(“netting
agreements”).
Generally,
the
right
to
offset
in
netting
agreements
allows
each Fund
to
offset
certain
securities
and
derivatives
with
a
specific
counterparty,
when
applicable,
as
well
as
any
collateral
received
or
delivered
to
that
counterparty
based
on
the
terms
of
the
agreements.
Generally,
each Fund
manages
its
cash
collateral
and
securities
collateral
on
a
counterparty
basis.
With
respect
to
certain
counterparties,
in
accordance
with
the
terms
of
the
netting
agreements,
collateral
posted
to
the Funds
is
held
in
a
segregated
account
by
the Funds'
custodian
and/or
with
respect
to
those
amounts
which
can
be
sold
or
repledged,
are
presented
in
the Funds'
Portfolio
of
Investments
or
Statement
of
Assets
and
Liabilities.
The Funds'
investments
subject
to
netting
agreements
as
of
the
end
of
the
reporting
period,
if
any,
are
further
described
later
in
these
Notes
to
Financial
Statements.
3.
Investment
Valuation
and
Fair
Value
Measurements
The Funds'
investments
in
securities
are
recorded
at
their
estimated
fair
value
utilizing
valuation
methods
approved
by
the
Adviser,
subject
to
oversight
of
the
Board.
Fair
value
is
defined
as
the
price
that
would
be
received
upon
selling
an
investment
or
transferring
a
liability
in
an
orderly
transaction
to
an
independent
buyer
in
the
principal
or
most
advantageous
market
for
the
investment.
U.S.
GAAP
establishes
the
three-tier
hierarchy
that
is
used
to
maximize
the
use
of
observable
market
data
and
minimize
the
use
of
unobservable
inputs
and
to
establish
classification
of
fair
value
measurements
for
disclosure
purposes.
Observable
inputs
reflect
the
assumptions
market
participants
would
use
in
pricing
the
asset
or
liability.
Observable
inputs
are
based
on
market
data
obtained
from
sources
independent
of
the
reporting
entity.
Unobservable
inputs
reflect
management’s
assumptions
about
the
assumptions
market
participants
would
use
in
pricing
the
asset
or
liability.
Unobservable
inputs
are
based
on
the
best
information
available
in
the
circumstances.
The
following
is
a
summary
of
the
three-tiered
hierarchy
of
valuation
input
levels.
Level 1
Inputs
are
unadjusted
and
prices
are
determined
using
quoted
prices
in
active
markets
for
identical
securities.
Level
2
Prices
are
determined
using
other
significant
observable
inputs
(including
quoted
prices
for
similar
securities,
interest
rates,
credit
spreads,
etc.).
Level
3
Prices
are
determined
using
significant
unobservable
inputs
(including
management’s
assumptions
in
determining
the
fair
value
of
investments).
361
A
description
of
the
valuation
techniques
applied
to
the Funds'
major
classifications
of
assets
and
liabilities
measured
at
fair
value
follows:
Prices
of
fixed-income
securities
are
provided
by
pricing
services
approved
by
the
Adviser,
which
is
subject
to
review
by
the
Adviser and
oversight
of
the Board.
Pricing
services establish
a
security’s
fair
value
using
methods
that
may
include consideration
of
the
following:
yields
or
prices
of
investments
of
comparable
quality,
type
of
issue,
coupon,
maturity
and
rating,
market
quotes
or
indications
of
value
from
security
dealers,
evaluations
of
anticipated
cash
flows
or
collateral,
general
market
conditions
and
other
information
and
analysis,
including
the
obligor’s
credit
characteristics
considered
relevant.
In
pricing
certain
securities,
particularly
less
liquid
and
lower
quality
securities,
pricing
services
may
consider
information
about
a
security,
its
issuer
or
market
activity
provided
by
the
Adviser.
These
securities
are
generally
classified
as
Level
2.
Equity
securities
and
exchange-traded
funds
listed
or
traded
on
a
national
market
or
exchange
are
valued
based
on
their
last
reported
sales
price
or
official
closing
price
of
such
market
or
exchange
on
the
valuation
date.
Foreign
equity
securities
and
registered
investment
companies
that
trade
on
a
foreign
exchange
are
valued
at
the
last
reported
sales
price
or
official
closing
price
on
the
principal
exchange
where
traded,
and
converted
to
U.S.
dollars
at
the
prevailing
rates
of
exchange
on
the
valuation
date.
For
events
affecting
the
value
of
foreign
securities
between
the
time
when
the
exchange
on
which
they
are
traded
closes
and
the
time
when
the Funds'
net
assets
are
calculated,
such
securities
will
be
valued
at
fair
value
in
accordance
with
procedures
adopted
by
the
Adviser,
subject
to
the
oversight
of
the
Board.
To
the
extent
these
securities
are
actively
traded
and
no
valuation
adjustments
are
applied,
they
are
generally
classified
as
Level
1.
When
valuation
adjustments
are
applied
to
the
most
recent
last
sales
price
or
official
closing
price,
these
securities
are
generally
classified
as
Level
2. 
The
Money
Market
Fund’s
portfolio
securities
are
valued
on
an
amortized
cost
basis.
Money
Market
investments
are
generally
classified
as
Level
2.
Investments
in
investment
companies
are
valued
at
their
respective NAVs
or
share
price
on
the
valuation
date
and
are
generally
classified
as Level
1.
Repurchase
agreements
are
valued
at
contract
amount
plus
accrued
interest,
which
approximates
market
value.
These
securities
are
generally
classified
as
Level
2.
Futures
contracts
are
valued
using
the
closing
settlement
price
or,
in
the
absence
of
such
a
price,
the
last
traded
price and
are
generally
classified
as
Level
1.
Forward
foreign
currency
contracts
are
valued
using
the
prevailing
forward
exchange
rate
which
is
derived
from
quotes
provided
by
the
pricing
service
using
the
procedures
approved
by
the
Adviser,
subject
to
the
oversight
of
the
Board,
and
are
classified
as
Level
2.
For
any
portfolio
security
or
derivative
for
which
market
quotations
are
not
readily
available
or
for
which
the
Adviser
deems
the
valuations
derived
using
the
valuation
procedures
described
above
not
to
reflect
fair
value,
the
Adviser
will
determine
a
fair
value
in
good
faith
using
alternative
procedures
approved
by
the
Adviser,
subject
to
the
oversight
of
the
Board.
As
a
general
principle,
the
fair
value
of
a
security
is
the
amount
that
the
owner
might
reasonably
expect
to
receive
for
it
in
a
current
sale.
A
variety
of
factors
may
be
considered
in
determining
the
fair
value
of
such
securities,
which
may
include
consideration
of
the
following:
yields
or
prices
of
investments
of
comparable
quality,
type
of
issue,
coupon,
maturity
and
rating,
market
quotes
or
indications
of
value
from
security
dealers,
evaluations
of
anticipated
cash
flows
or
collateral,
general
market
conditions
and
other
information
and
analysis,
including
the
obligor’s
credit
characteristics
considered
relevant.
To
the
extent
the
inputs
are
observable
and
timely,
the
values
would
be
classified
as Level
2;
otherwise
they
would
be
classified
as
Level
3. 
The
following
table
summarizes
the
market
value
of
the Funds’
investments
as
of
the
end
of
the
current
fiscal
period, based
on
the
inputs
used
to
value
them:
Fund
Level
1
Level
2
Level
3
Total
Bond
Index
Long-Term
Investments
:
Corporate
bonds
$—
$6,651,476,693
$—
$6,651,476,693
Government
bonds
18,889,856,627
18,889,856,627
Structured
assets
564,121,422
564,121,422
Short-Term
Investments
:
Government
agency
debt
227,323
227,323
Repurchase
agreement
190,300,000
190,300,000
Treasury
debt
29,905,701
29,905,701
Investments
purchased
with
collateral
from
securities
lending
150,280,866
150,280,866
Total
$150,280,866
$26,325,887,766
$—
$26,476,168,632
1
1
1
1
1
Notes
to
Financial
Statements
(continued)
362
Fund
Level
1
Level
2
Level
3
Total
Core
Bond
Long-Term
Investments
:
Bank
loan
obligations
$—
$178,467,097
$3,600,855
$182,067,952
Corporate
bonds
3,696,710,800
3,696,710,800
Government
bonds
5,121,664,755
5,121,664,755
Structured
assets
1,554,907,492
3,328,950
1,558,236,442
Common
stocks
183,792
183,792
Investment
companies
73,570,280
73,570,280
Preferred
stocks
10,611,333
10,611,333
Short-Term
Investments
:
Government
agency
debt
156,534
156,534
Repurchase
agreement
71,500,000
71,500,000
Treasury
debt
76,387,466
76,387,466
Investments
purchased
with
collateral
from
securities
lending
120,318,843
120,318,843
Investments
in
Derivatives
:
Forward
foreign
currency
contracts*
(98,763)
(98,763)
Credit
default
swap
contracts*
(418,294)
(418,294)
Total
$204,500,456
$10,699,460,879
$6,929,805
$10,910,891,140
1
1
1
1
1
Core
Impact
Bond
Long-Term
Investments
:
Bank
loan
obligations
$—
$40,989,798
$45
$40,989,843
Corporate
bonds
1,787,329,478
1,787,329,478
Government
bonds
4,030,910,593
733
4,030,911,326
Structured
assets
823,938,906
1,411,300
825,350,206
Preferred
stocks
33,906,905
33,906,905
Short-Term
Investments
:
Government
agency
debt
166,504
166,504
Repurchase
agreement
61,000,000
61,000,000
Treasury
debt
17,422,161
17,422,161
Investments
purchased
with
collateral
from
securities
lending
128,459,490
128,459,490
Investments
in
Derivatives
:
Forward
foreign
currency
contracts*
(145,408)
(145,408)
Total
$162,366,395
$6,761,612,032
$1,412,078
$6,925,390,505
1
1
1
1
1
Core
Plus
Bond
Long-Term
Investments
:
Bank
loan
obligations
$—
$162,741,482
$3,960,736
$166,702,218
Corporate
bonds
1,853,407,788
1,853,407,788
Government
bonds
2,003,112,446
2,003,112,446
Structured
assets
637,908,902
2,663,160
640,572,062
Common
stocks
194,129
15
194,144
Investment
companies
36,785,127
36,785,127
Preferred
stocks
4,577,236
4,577,236
Short-Term
Investments
:
Government
agency
debt
149,554
149,554
Repurchase
agreement
92,800,000
92,800,000
Treasury
debt
26,146,855
26,146,855
Investments
purchased
with
collateral
from
securities
lending
309,731,181
309,731,181
Investments
in
Derivatives
:
Forward
foreign
currency
contracts*
(58,727)
(58,727)
Credit
default
swap
contracts*
(188,547)
(188,547)
Total
$351,093,544
$4,776,213,882
$6,623,911
$5,133,931,337
1
1
1
1
1
5-15
Year
Laddered
Tax
Exempt
Bond
Long-Term
Investments:
Long-term
municipal
bonds
$
$
210,525,795
$
$
210,525,795
Short-Term
Investments:
Government
agency
debt
132,605
132,605
Repurchase
agreement
1,900,000
1,900,000
Total
$—
$212,558,400
$—
$212,558,400
1
1
1
1
1
363
Fund
Level
1
Level
2
Level
3
Total
Green
Bond
Long-Term
Investments
:
Bank
loan
obligations
$—
$2,790,432
$—
$2,790,432
Corporate
bonds
90,297,163
90,297,163
Government
bonds
41,299,005
24
41,299,029
Structured
assets
26,874,228
1,173,243
28,047,471
Preferred
stocks
889,400
889,400
Short-Term
Investments
:
Repurchase
agreement
1,900,000
1,900,000
Total
$889,400
$163,160,828
$1,173,267
$165,223,495
1
1
1
1
1
High
Yield
Long-Term
Investments
:
Bank
loan
obligations
$—
$81,117,449
$—
$81,117,449
Corporate
bonds
1,872,001,471
1,872,001,471
Common
stocks
14,140
80
14,220
Investment
companies
30,272,576
30,272,576
Short-Term
Investments
:
Government
agency
debt
176,474
176,474
Repurchase
agreement
50,600,000
50,600,000
Treasury
debt
16,201,678
16,201,678
Investments
purchased
with
collateral
from
securities
lending
59,204,186
59,204,186
Total
$89,476,762
$2,020,111,212
$80
$2,109,588,054
1
1
1
1
1
Short
Duration
Impact
Bond
Long-Term
Investments
:
Bank
loan
obligations
$—
$1,791,328
$—
$1,791,328
Corporate
bonds
25,617,047
25,617,047
Government
bonds
33,875,431
33,875,431
Structured
assets
15,092,626
15,092,626
Short-Term
Investments
:
Treasury
debt
1,425,000
1,425,000
Investments
purchased
with
collateral
from
securities
lending
255,187
255,187
Total
$255,187
$77,801,432
$—
$78,056,619
1
1
1
1
1
Short
Term
Bond
Long-Term
Investments
:
Bank
loan
obligations
$—
$19,424,709
$—
$19,424,709
Corporate
bonds
620,002,296
620,002,296
Government
bonds
825,820,278
825,820,278
Structured
assets
360,933,664
360,933,664
Short-Term
Investments
:
Government
agency
debt
16,373,043
16,373,043
Treasury
debt
16,183,721
16,183,721
Investments
purchased
with
collateral
from
securities
lending
2,114,578
2,114,578
Investments
in
Derivatives
:
Futures
contracts*
348,801
348,801
Total
$2,463,379
$1,858,737,711
$—
$1,861,201,090
1
1
1
1
1
Short
Term
Bond
Index
Long-Term
Investments
:
Corporate
bonds
$—
$574,234,608
$—
$574,234,608
Government
bonds
1,631,052,178
1,631,052,178
Structured
assets
658,022
658,022
Short-Term
Investments
:
Government
agency
debt
52,723,189
52,723,189
Treasury
debt
4,981,566
4,981,566
Investments
purchased
with
collateral
from
securities
lending
5,702,773
5,702,773
Total
$5,702,773
$2,263,649,563
$—
$2,269,352,336
1
1
1
1
1
Money
Market
Short-Term
Investments:
Government
agency
debt
$
$
493,292,328
$
$
493,292,328
Repurchase
agreement
915,167,000
915,167,000
Treasury
debt
312,102,952
312,102,952
Variable
rate
securities
385,181,829
385,181,829
Total
$—
$2,105,744,109
$—
$2,105,744,109
1
1
1
1
1
*
Represents
net
unrealized
appreciation
(depreciation).
Notes
to
Financial
Statements
(continued)
364
4.
Portfolio
Securities
Mortgage
Dollar
Roll
Transactions:
Some
of
the Funds may
enter
into
mortgage
dollar
rolls
in
which a
Fund
sells
mortgage
securities
for
delivery
in
the
current
month,
realizing
a
gain
(loss),
and
simultaneously
contracts
to
repurchase
similar
securities
on
a
specified
future
date.
During
the
roll
period,
a
Fund forgoes
principal
and
interest
paid
on
the
securities.
The Fund is
compensated
by
the
interest
earned
on
the
cash
proceeds
of
the
initial
sale
and
by
the
lower
repurchase
price
at
the
future
date.
The
difference
between
the
sales
proceeds
and
the
repurchase
price
is
recorded
as
a
realized
gain
or
loss.
Repurchase
Agreements:
In
connection
with
transactions
in
repurchase
agreements,
it
is
the Fund’s policy
that
its
custodian
take
possession
of
the
underlying
collateral
securities,
the
fair
value
of
which
exceeds
the
principal
amount
of
the
repurchase
transaction,
including
accrued
interest,
at
all
times.
If
the
counterparty
defaults,
and
the
fair
value
of
the
collateral
declines,
realization
of
the
collateral
may
be
delayed
or
limited.
The
following
table
presents
the
repurchase
agreements
for
the Funds
that
are
subject
to
netting
agreements
as
of
the
end
of
the
reporting
period,
and
the
collateral
delivered
related
to
those
repurchase
agreements:
Securities
Lending:
Certain Funds
may
lend
their
securities
to
qualified
institutional
borrowers
to
earn
additional
income.
A
Fund receives
cash
collateral
and
non-cash
collateral
(in
the
form
of
Treasury
securities
or
other
collateral
permitted
by
applicable
law)
against
the
loaned
securities
and
maintains
collateral
in
an
amount
not
less
than
100%
of
the
market
value
of
loaned
securities
during
the
period
of
the
loan;
any
additional
collateral
required
due
to
changes
in
security
values
is
delivered
to
the Fund
the
next
business
day.
Cash
collateral
received
by the
Fund will
generally
be
invested
in
high-quality
short-term
instruments
or
in
one
or
more
funds
maintained
by
the
securities
lending
agent
(“Agent”)
for
the
purpose
of
investing
cash
collateral.
The
value
of
the
loaned
securities
and
the
liability
to
return
the
cash
collateral
received
are
reflected
in
the
Statement
of
Assets
and
Liabilities.
Non-cash
collateral
is
not
disclosed
in
the
Funds’
Statement
of
Assets
and
Liabilities
as
it
is
held
by
the Agent
or
by
a
third-party
bank
engaged
by
the
Agent
as
a
special
"tri-party" custodian on
behalf
of
the Funds,
and
the
Funds
do
not
have
the
ability
to
sell
or
re-hypothecate
those
securities.
As
of
the
end
of
the
current
fiscal
period,
securities
lending
transactions are
for equity
and
fixed
income
securities,
and
the
resulting
loans
are
continuous,
can
be
recalled
at
any
time,
and
have
no
set
maturity.
Securities
lending
income
recognized
by
the
Funds consists
of
earnings
on
invested
collateral
and
lending
fees,
net
of
any
rebates
to
the
borrower
and
compensation
to
the
Agent.
Such
income
is
reflected
separately
in
the
Statement
of
Operations.
In
lending
its
securities,
a
Fund bears
the
market
risk
with
respect
to
the
investment
of
collateral
and
the
risk
that
the
Agent
may
default
on
its
contractual
obligations
to
the
Fund.
The
Agent
bears
the
risk
that
the
borrower
may
default
on
its
obligation
to
return
the
loaned
securities
as
the
Agent
is
contractually
obligated
to
indemnify
the
Fund if
at
the
time
of
a
default
by
a
borrower
some
or
all
of
the
loan
securities
have
not
been
returned. 
As
of
the
end
of
the
current
fiscal
period,
the
total
value
of
securities
on
loan
and
the
total
value
of
collateral
received
were
as
follows:
Fund
Counterparty
Short-term
Investments,
at
Value
Collateral
Pledged
(From)
Counterparty
Bond
Index
Bank
of
New
York
Mellon
$
190,300,000
$
(194,106,008)
Core
Bond
Bank
of
New
York
Mellon
71,500,000
(72,930,036)
Core
Impact
Bond
Bank
of
New
York
Mellon
61,000,000
(62,220,048)
Core
Plus
Bond
Bank
of
New
York
Mellon
92,800,000
(94,656,005)
5-15
Year
Laddered
Tax
Exempt
Bond
Bank
of
New
York
Mellon
1,900,000
(1,938,088)
Green
Bond
Bank
of
New
York
Mellon
1,900,000
(1,938,088)
High
Yield
Bank
of
New
York
Mellon
50,600,000
(51,612,048)
Money
Market
Bank
of
New
York
Mellon
198,000,000
(201,960,067)
Money
Market
Fixed
Income
Clearing
Corporation
717,167,000
(731,510,482)
Aggregate
Value
of
Securities
on
Loan
Fund
Equity
Securities
Fixed
Income
Securities
Cash
Collateral
Received*
Non-Cash
Collateral
Received**
Total
Collateral
Received
Bond
Index
$–
$216,694,305
$150,280,866
$73,467,314
$223,748,180
Core
Bond
126,298,673
120,318,843
10,360,670
130,679,513
Core
Impact
Bond
124,621,058
128,459,490
305,908
128,765,398
Core
Plus
Bond
522,251
304,471,949
309,731,181
5,010,591
314,741,772
High
Yield
63,447,207
59,204,186
6,932,888
66,137,074
Short
Duration
Impact
Bond
249,888
255,187
255,187
Short
Term
Bond
2,016,999
2,114,578
2,114,578
Short
Term
Bond
Index
5,538,155
5,702,773
5,702,773
*May
include
cash
and
investment
of
cash
collateral.
**As
of
the
end
of
the
current
fiscal
period,
the
non-cash
collateral
received
by
the
Funds
was
comprised
of
U.S.
Treasury
securities.
365
Treasury
Inflation-Protected
Securities:
The
Funds
(other
than
the
Money
Market
Fund) may
invest
in
Treasury
Inflation-Protected
Securities,
specially
structured
bonds
in
which
the
principal
amount
is
adjusted
periodically
to
keep
pace
with
inflation,
as
measured
by
the
U.S.
Consumer
Price
Index.
The
adjustments
for
interest
income
due
to
inflation
or
deflation
are
reflected
in
interest
income
in
the
Statement
of
Operations.
Zero
Coupon
Securities:
A
zero
coupon
security
does
not
pay
a
regular
interest
coupon
to
its
holders
during
the
life
of
the
security.
Income
to
the
holder
of
the
security
comes
from
accretion
of
the
difference
between
the
original
purchase
price
of
the
security
at
issuance
and
the
par
value
of
the
security
at
maturity
and
is
effectively
paid
at
maturity.
The
market
prices
of
zero
coupon
securities
generally
are
more
volatile
than
the
market
prices
of
securities
that
pay
interest
periodically.
Purchases
and
Sales:
 Long-term
purchases
and
sales
during
the
current
fiscal
period were
as
follows:
The Funds
may
purchase
securities
on
a
when-issued
or
delayed-delivery
basis.
Securities
purchased
on
a
when-issued
or
delayed-
delivery
basis
may
have
extended
settlement
periods;
interest
income
is
not
accrued
until
settlement
date.
Any
securities
so
purchased
are
subject
to
market
fluctuation
during
this
period.
If
the
Funds have
outstanding when-issued/delayed-delivery
purchases
commitments
as
of
the
end
of
the
reporting
period,
such
amounts
are
recognized
on
the
Statement
of
Assets
and
Liabilities.
5.
Derivative
Investments
Each Fund
(other
than
the
Money
Market
Fund) is
authorized
to
invest
in
certain
derivative
instruments.
As
defined
by
U.S.
GAAP,
a
derivative is
a
financial
instrument
whose
value
is
derived
from
an
underlying
security
price,
foreign
exchange
rate,
interest
rate,
index
of
prices
or
rates,
or
other
variables.
Investments
in
derivatives
as
of
the
end
of
and/or
during
the
current
fiscal
period,
if
any,
are
included
within
the
Statement
of
Assets
and
Liabilities
and
the
Statement
of
Operations,
respectively.
Futures
Contracts:
 Certain
Funds
are
subject
to
interest
rate
and
foreign
exchange
risk
in
the
normal
course
of
pursuing
their
investment
objectives.
The Funds
use
futures
contracts
to
manage
exposure
to
the
bond
and
foreign
exchange
markets
and
to
fluctuations
in
interest
and
foreign
exchange
rates and
for
cash
management
purposes
to
remain
highly
invested
in
these
markets
while
minimizing
transaction
costs.
A
futures
contract
is
an
agreement
between
two
parties
to
buy
and
sell
a
financial
instrument
for
a
set
price
on
a
future
date.
Upon
execution
of
a
futures
contract,
the
Fund
is
obligated
to
deposit
cash
or
eligible
securities,
also
known
as
“initial
margin,”
into
an
account
at
its
clearing
broker
equal
to
a
specified
percentage
of
the
contract
amount.
Securities
deposited
for
initial
margin,
if
any,
are
identified
in
the
Portfolio
of
Investments
and
cash
deposited
for
initial
margin,
if
any,
is
reflected
on
the
Statement
of
Assets
and
Liabilities.
During
the
period
the
futures
contract
is
open,
changes
in
the
market
value
of
the
contract
are
recognized
as
an
unrealized
gain
or
loss
by
“marking-to-market”
on
a
daily
basis.
The
Fund
and
the
clearing
broker
are
obligated
to
settle
monies
on
a
daily
basis
representing
the
changes
in
the
value
of
the
contracts.
These
daily
cash
settlements
are
known
as
“variation
margin”
which are
recognized
on
the
Statement
of
Assets
and
Liabilities
as
a
receivable
or
payable
for
variation
margin
on
futures
contracts.
When
the
contract
is
closed
or
expired,
the
Fund
records
a
realized
gain
or
loss
equal
to
the
difference
between
the
value
of
the
contract
on
the
closing
date
and
value
of
the
contract
when
originally
entered
into.
The
net
realized
gain
or
loss
and
the
change
in
unrealized
appreciation
(depreciation)
on
futures
contracts
held
during
the
period
is
included
on
the
Statement
of
Operations.
Risks
of
investments
in
futures
contracts
include
the
possible
adverse
movement
in
the
price
of
the
securities
or
indices
underlying
the
contracts,
the
possibility
that
there
may
not
be
a
liquid
secondary
market
for
the
contracts
and/or
that
a
change
in
the
value
of the
contract
may
not
correlate
with
a
change
in
the
value
of
the
underlying
securities
or
indices.
The
average
notional
amount
of
futures
contracts
outstanding
during
the
current
fiscal
period
was
as
follows:
Fund
Non-U.S.
Government
Purchases
U.S.
Government
Purchases
Non-U.S.
Government
Sales
U.S.
Government
Sales
8.1
Bond
Index
$
945,983,362
$
2,803,019,664
$
537,877,900
$
1,071,397,255
8.2
Core
Bond
1,179,727,542
2,982,065,741
719,680,997
2,899,281,960
8.3
Core
Impact
Bond
832,891,726
4,544,681,734
757,538,419
4,256,376,983
8.4
Core
Plus
Bond
468,404,913
1,970,906,902
396,852,669
2,075,119,886
8.5
5–15
Year
Laddered
Tax
Exempt
Bond
17,255,816
27,667,917
8.6
Green
Bond
29,176,642
18,370,882
19,806,682
21,892,124
8.7
High
Yield
732,234,528
718,016,150
8.9
Short
Duration
Impact
Bond
18,420,697
36,452,323
16,989,620
36,221,072
9.01
Short
Term
Bond
283,916,354
1,329,078,188
279,609,636
1,343,707,867
9.1
Short
Term
Bond
Index
186,155,968
567,509,269
171,034,879
393,387,657
Fund
Average
Notional
Amount
of
Futures
Contracts
Outstanding*
9.01
Short
Term
Bond
$
136,533,701
*
The
average
notional
amount
is
calculated
based
on
the
absolute
aggregate
notional
amount
of
contracts
outstanding
at
the
beginning
of
the
current
fiscal
period
and
at
the
end
of
each
fiscal
quarter
within
the
current
fiscal
period.
Notes
to
Financial
Statements
(continued)
366
Forward
Foreign
Currency
Contracts:
Certain Funds
may
use
forward
foreign
currency
contracts
("forward
contracts")
to
hedge portfolio
currency
risk
and
to
facilitate
transactions
in
securities
denominated in
foreign
currencies
in
the
normal
course
of
pursuing
their
investment
objectives.
A
forward
contract
is
an
agreement
between
two
parties
to
purchase
or
sell
a
specified
quantity
of
a
currency
at
or
before
a
specified
date
in
the
future
at
a
specified
price.
Non-deliverable
forward
foreign
currency
exchange
contracts
are
settled
with
the
counterparty
in
cash
without
the
delivery
of
foreign
currency.
Forward
contracts
are
typically
traded
in
the
over-the-counter
(“OTC”)
markets
and
all
details
of
the
contract
are
negotiated
between
the
counterparties
to
the
agreement.
Forward
contracts
are
marked-to-market
daily
and
any
resulting
unrealized
gains
or
losses
are
reflected
as
appreciation
or
depreciation
on
the
Statement
of
Assets
and
Liabilities.
The Funds
realize
gains
and
losses
at
the
time
the
forward
contracts
are
closed
and
are
included
on
the
Statement
of
Operations.
Risks
may
arise
upon
entering
into
forward
contracts
from
unanticipated
movements
in
the
value
of
a
foreign
currency
relative
to
the
U.S.
dollar;
and
that
losses
may
exceed
amounts
recognized
on
the
Statement
of
Assets
and
Liabilities.
The
average
notional
amount
of
forward
contracts
outstanding
during
the
current
fiscal
period
was
as
follows:
The
following
table
presents
the
forward
foreign
currency
contracts
subject
to
netting
agreements
and
the
collateral
delivered
related
to
those
forward
foreign
currency
contracts
as
of
the
end
of
the
reporting
period.
s
Credit
Default
Swap
Contracts:
Certain
Funds
are
subject
to
credit
risk
in
the
normal
course
of
pursuing
their
investment
objectives.
The
Funds (other
than
the
Money
Market
Fund)
invest
in
credit
default
swaps
to
hedge
or
manage
the
risks
associated
with
assets
held
in
the
Funds
and/or
to
facilitate
the
implementation
of
portfolio
strategies
to
seek
to
increase
the
total
return.
Credit
default
swap
contracts
involve
one
party
making
a
stream
of
payments
(buyer
of
protection)
to
another
party
(seller
of
protection)
in
exchange
for
the
right
to
receive
a
specified
return
if/when
there
is
a
credit
event
by
a
third
party.
Credit
events
are
agreement
specific
but
may
include
bankruptcy,
failure
to
pay,
or
restructuring.
When a
Fund has
bought
(sold)
protection
in
a
credit
default
swap
upon
occurrence
of
a
specific
credit
event
with
respect
to
the
underlying
referenced
entity,
the
Fund will
either
(i)
receive
(deliver)
that
security,
or
an
equivalent
amount
of
cash,
from
the
counterparty
in
exchange
for
receipt
(payment)
of
the
notional
amount
to
the
counterparty,
or
(ii)
receive
(pay)
a
net
settlement
amount
of
the
credit
default
swap
contract
less
the
recovery
value
of
the
referenced
obligation
or
underlying
securities
comprising
the
referenced
index.
Payments
paid
(received)
at
the
beginning
of
the
measurement
period
are
reflected
as
swap
premiums
paid
(received)
on
the
Statement
of
Assets
and
Liabilities,
when
applicable.
Credit
default
swaps
are
“marked-to-market”
on
a
daily
basis
to
reflect
the
value
of
the
swap
agreement
at
the
end
of
each
trading
day
and
are
recognized
as
unrealized
appreciation
(depreciation)
on
the
Statement
of
Operations.
Credit
default
swaps
can
be
settled
either
directly
with
the
counterparty
("OTC")
or
through
a
central
clearinghouse
("centrally
cleared").
For
OTC
swaps,
the
daily
change
in
the
market
value
of
the
swap
contract,
along
with
any
daily
interest
fees
accrued,
are
recognized
as
unrealized
appreciation
(depreciation)
on
credit
default
swaps
on
the
Statement
of
Assets
and
Liabilities.
Fund
Average
Notional
Amount
of
Forward
Contracts
Outstanding*
8.2
Core
Bond
$
3,560,809
8.3
Core
Impact
Bond
11,340,503
8.4
Core
Plus
Bond
2,232,286
*
The
average
notional
amount
is
calculated
based
on
the
outstanding
notional
amount
of
contracts
at
the
beginning
of
the
current
fiscal
period
and
at
the
end
of
each
fiscal
quarter
within
the
current
fiscal
period.
Fund
Counterparty
Gross
Unrealized
Appreciation
on
Forward
Foreign
Currency
Contracts*
Gross
Unrealized
Depreciation
on
Forward
Foreign
Currency
Contracts*
Net
Unrealized
Appreciation
(Depreciation)
on
Forward
Foreign
Currency
Contracts
Collateral
Pledged
to
(from)
Counterparty
Net
Exposure
Core
Bond
Bank
of
America,
N.A.
$851
$-
$851
$-
$851
Morgan
Stanley
Capital
Services
-
(99,614)
(99,614)
-
(99,614)
$851
$(99,614)
$(98,763)
-
$(98,763)
Core
Impact
Bond
Morgan
Stanley
Capital
Services
-
$(145,408)
$(145,408)
-
$(145,408)
Core
Plus
Bond
Bank
of
America,
N.A.
$394
$-
$394
-
$394
Morgan
Stanley
Capital
Services
-
(59,121)
(59,121)
-
(59,121)
$394
$(59,121)
$(58,727)
-
$(58,727)
367
Upon
the
execution
of
a
centrally
cleared
swap, a
Fund is
obligated
to
deposit
cash
or
eligible
securities,
also
known
as
“initial
margin,”
into
an
account
at
its
clearing
broker
equal
to
a
specified
percentage
of
the
contract
amount.
Securities
deposited
for
initial
margin,
if
any,
are
identified
in
the
Portfolio
of
Investments
and
cash
deposited
for
initial
margin,
if
any,
is
reflected
on
the
Statement
of
Assets
and
Liabilities.
The Fund
and
the
clearing
broker
are
obligated
to
settle
monies
on
a
daily
basis
representing
the
changes
in
the
value
of
the
swap
contracts.
These
daily
cash
settlements
are
known
as
“variation
margin”
and are
recognized
on
the
Statement
of
Assets
and
Liabilities
as
a
receivable
or
payable
for
variation
margin
on
credit
default
swaps.
The
difference
between
the
value
of
the
security
received
(delivered)
and
the
notional
amount
delivered
(received)
as
well
as
payments
received
or
made
as
a
result
of
a
credit
event
or
termination
of
a
contract
are
recognized
as
realized
gains
or
losses
on
the
Statement
of
Operations.
The
maximum
potential
amount
of
future
payments
the Fund
could
incur
as
a
buyer
or
seller
of
protection
in
a
credit
default
swap
contract
is
limited
to
the
notional
amount
of
the
contract.
The
maximum
potential
amount
would
be
offset
by
the
recovery
value,
if
any,
of
the
respective
referenced
entity.
The
average
notional
amount
of
credit
default
swap
contracts
outstanding
during
the
current
fiscal
period
was
as
follows:
As
of the
end
of
the
reporting
period,
the
following Funds
have
invested
in
derivative
contracts
which
are
reflected
in
the
Statement
of
Assets
and
Liabilities
as
follows:
Fund
Average
Notional
Amount
of
Swap
Contracts
Outstanding*
8.2
Core
Bond
$
102,666,667
8.4
Core
Plus
Bond
120,833,333
*
The
average
notional
amount
is
calculated
based
on
the
outstanding
notional
amount
of
contracts
at
the
beginning
of
the
current
fiscal
period
and
at
the
end
of
each
fiscal
quarter
within
the
current
fiscal
period.
Asset
Derivatives
Liability
Derivatives
Derivative
Instrument
Risk
Exposure
Location
Value
Location
Value
Core
Bond
Forward
foreign
currency
contracts
Foreign
currency
exchange
rate
Unrealized
appreciation
on
forward
contracts
$
851
Unrealized
depreciation
on
forward
contracts
$
(99,614)
Credit
default
swap
contracts
Credit
-
Unrealized
depreciation
on
swap
contracts
*
(418,294)
1
1
1
1
1
1
1
1
Core
Impact
Bond
Forward
foreign
currency
contracts
Foreign
currency
exchange
rate
-
Unrealized
depreciation
on
forward
contracts
(145,408)
1
1
1
1
1
1
1
1
Core
Plus
Bond
Forward
foreign
currency
contracts
Foreign
currency
exchange
rate
Unrealized
appreciation
on
forward
contracts
394
Unrealized
depreciation
on
forward
contracts
(59,121)
Credit
default
swap
contracts
Credit
Unrealized
appreciation
on
swap
contracts
*
136,106
Unrealized
depreciation
on
swap
contracts
*
(324,653)
1
1
1
1
1
1
1
1
Short
Term
Bond
Futures
contracts
Interest
rate
Unrealized
appreciation
on
futures
contracts
*
348,801
-
1
1
1
1
1
1
1
1
*
Value
represents
the
cumulative
unrealized
appreciation
(depreciation)
of
cleared
derivative
contracts
as
reported
in
the
Fund's
Portfolio
of
Investments.
The
Statement
of
Assets
and
Liabilities
only
reflects
the
current
day
variation
margin
receivable/payable
from/to
brokers
on
open
cleared
derivative
contracts.
Notes
to
Financial
Statements
(continued)
368
During
the
current
fiscal
period,
the
effect
of
derivative
contracts
on
the Funds'
Statement
of
Operations
was
as
follows:
6.
Fund
Shares
Transactions
in
Fund
shares
during
the
current
and
prior
fiscal
period
were
as
follows:
Derivative
Instrument
Risk
Exposure
Net
Realized
Gain
(Loss)
Change
in
Unrealized
Appreciation
(Depreciation)
8.2
Core
Bond
Futures
contracts
Interest
rate
$
(20,096)
$
Forward
foreign
currency
contracts
Foreign
currency
exchange
rate
(98,763)
Swap
contracts
Credit
(2,309,008)
(418,294)
8.3
Core
Impact
Bond
Forward
foreign
currency
contracts
Foreign
currency
exchange
rate
(145,408)
8.4
Core
Plus
Bond
Futures
contracts
Interest
rate
(20,377)
Forward
foreign
currency
contracts
Foreign
currency
exchange
rate
(58,727)
Swap
contracts
Credit
(727,061)
(205,513)
9.01
Short
Term
Bond
Futures
contracts
Interest
rate
715,859
457,510
Six
Months
Ended
9/30/24
Year
Ended
3/31/24
8.1
Bond
Index
Shares
Amount
Shares
Amount
Subscriptions:
Class
A
213,173
$
2,043,327
388,783
$
3,668,440
Class
I
159,384
1,509,753
1,195,739
11,522,782
Premier
Class
431,948
4,130,897
713,447
6,732,143
Class
R6
173,561,685
1,674,779,870
171,458,338
1,630,627,322
Retirement
Class
3,347,457
32,234,039
3,034,864
28,803,233
Class
W
126,631,387
1,213,571,220
366,027,009
3,477,979,940
Total
subscriptions
304,345,034
2,928,269,106
542,818,180
5,159,333,860
Reinvestments
of
distributions:
Class
A
42,182
404,181
77,772
736,123
Class
I
45,324
433,982
82,625
781,370
Premier
Class
45,428
434,776
77,581
733,719
Class
R6
17,748,461
170,051,069
30,005,606
283,779,946
Retirement
Class
812,301
7,784,233
1,499,760
14,192,587
Class
W
Total
reinvestments
of
distributions
18,693,696
179,108,241
31,743,344
300,223,745
Redemptions:
Class
A
(261,824)
(2,494,247)
(469,329)
(4,429,837)
Class
I
(210,252)
(2,004,536)
(530,402)
(4,932,734)
Premier
Class
(452,570)
(4,345,153)
(661,380)
(6,129,091)
Class
R6
(81,220,324)
(775,329,735)
(117,562,388)
(1,111,719,419)
Retirement
Class
(2,350,164)
(22,478,385)
(9,880,251)
(93,457,671)
Class
W
(53,463,341)
(506,974,323)
(122,904,024)
(1,173,892,419)
Total
redemptions
(137,958,475)
(1,313,626,379)
(252,007,774)
(2,394,561,171)
Net
increase
(decrease)
from
shareholder
transactions
185,080,255
$
1,793,750,968
322,553,750
$
3,064,996,434
369
Six
Months
Ended
9/30/24
Year
Ended
3/31/24
8.2
Core
Bond
Shares
Amount
Shares
Amount
Subscriptions:
Class
A
301,053
$
2,809,089
393,119
$
3,606,313
Class
I
8,592,346
78,257,869
9,163,304
82,160,388
Premier
Class
993,543
9,339,769
75,038
675,986
Class
R6
97,468,566
887,679,305
143,477,856
1,291,720,695
Retirement
Class
1,041,481
9,664,629
2,291,266
20,955,515
Class
W
38,037,133
345,969,643
107,238,366
968,488,347
Total
subscriptions
146,434,122
1,333,720,304
262,638,949
2,367,607,244
Reinvestments
of
distributions:
Class
A
147,040
1,363,221
284,891
2,604,916
Class
I
1,533,270
13,978,646
2,753,384
24,751,046
Premier
Class
8,003
73,129
17,808
160,068
Class
R6
11,240,661
102,435,273
18,674,668
167,715,767
Retirement
Class
299,201
2,777,125
521,580
4,774,375
Class
W
Total
reinvestments
of
distributions
13,228,175
120,627,394
22,252,331
200,006,172
Redemptions:
Class
A
(648,521)
(6,029,823)
(1,193,686)
(10,909,199)
Class
I
(6,088,284)
(55,646,497)
(12,124,764)
(108,735,304)
Premier
Class
(48,881)
(444,539)
(344,855)
(3,043,370)
Class
R6
(57,935,225)
(526,174,105)
(118,582,953)
(1,063,216,723)
Retirement
Class
(1,174,490)
(10,873,844)
(2,430,586)
(22,132,124)
Class
W
(47,995,913)
(436,432,493)
(60,498,612)
(540,783,193)
Total
redemptions
(113,891,314)
(1,035,601,301)
(195,175,456)
(1,748,819,913)
Net
increase
(decrease)
from
shareholder
transactions
45,770,983
$
418,746,397
89,715,824
$
818,793,503
Six
Months
Ended
9/30/24
Year
Ended
3/31/24
8.3
Core
Impact
Bond
Shares
Amount
Shares
Amount
Subscriptions:
Class
A
9,795,076
$
86,939,538
6,389,097
$
56,787,544
Class
I
11,884,689
106,107,491
38,037,904
333,840,037
Premier
Class
322,306
2,866,568
1,141,126
10,049,033
Class
R6
86,562,992
773,792,103
167,845,855
1,481,756,681
Retirement
Class
477,975
4,217,396
322,346
2,834,918
Total
subscriptions
109,043,038
973,923,096
213,736,328
1,885,268,213
Reinvestments
of
distributions:
Class
A
658,459
5,891,499
1,058,421
9,332,604
Class
I
1,178,896
10,537,661
2,098,855
18,530,176
Premier
Class
11,257
100,650
29,059
258,047
Class
R6
10,071,340
90,054,010
17,245,334
152,226,244
Retirement
Class
486,719
4,349,680
1,015,909
8,970,439
Total
reinvestments
of
distributions
12,406,671
110,933,500
21,447,578
189,317,510
Redemptions:
Class
A
(3,874,421)
(34,739,287)
(6,525,824)
(57,561,094)
Class
I
(19,530,860)
(173,719,630)
(30,643,954)
(269,980,737)
Premier
Class
(387,816)
(3,474,580)
(2,426,796)
(21,495,636)
Class
R6
(62,383,016)
(555,771,159)
(156,667,133)
(1,381,505,758)
Retirement
Class
(2,645,484)
(23,617,548)
(6,841,321)
(60,422,604)
Total
redemptions
(88,821,597)
(791,322,204)
(203,105,028)
(1,790,965,829)
Net
increase
(decrease)
from
shareholder
transactions
32,628,112
$
293,534,392
32,078,878
$
283,619,894
Notes
to
Financial
Statements
(continued)
370
Six
Months
Ended
9/30/24
Year
Ended
3/31/24
8.4
Core
Plus
Bond
Shares
Amount
Shares
Amount
Subscriptions:
Class
A
959,322
$
8,792,632
637,140
$
5,760,334
Class
I
2,079,045
19,245,380
2,119,502
19,097,164
Premier
Class
93,517
863,676
29,474
265,664
Class
R6
14,445,172
132,072,946
29,307,912
264,531,307
Retirement
Class
1,108,365
10,168,096
1,649,380
14,926,099
Class
W
19,041,807
173,474,033
58,077,880
526,279,170
Total
subscriptions
37,727,228
344,616,763
91,821,288
830,859,738
Reinvestments
of
distributions:
Class
A
494,160
4,527,015
950,817
8,576,619
Class
I
94,630
866,186
188,972
1,702,398
Premier
Class
8,222
75,226
20,108
181,051
Class
R6
2,043,327
18,686,478
3,715,248
33,456,272
Retirement
Class
647,336
5,924,670
1,288,520
11,615,845
Class
W
2
14
Total
reinvestments
of
distributions
3,287,675
30,079,575
6,163,667
55,532,199
Redemptions:
Class
A
(1,447,946)
(13,294,238)
(2,669,061)
(24,041,800)
Class
I
(2,086,945)
(19,022,038)
(3,455,418)
(31,157,372)
Premier
Class
(18,786)
(171,211)
(346,824)
(3,057,507)
Class
R6
(17,096,518)
(156,040,033)
(23,574,939)
(210,930,676)
Retirement
Class
(2,898,885)
(26,368,984)
(5,537,766)
(49,843,769)
Class
W
(26,716,604)
(243,746,384)
(32,127,026)
(287,368,309)
Total
redemptions
(50,265,684)
(458,642,888)
(67,711,034)
(606,399,433)
Net
increase
(decrease)
from
shareholder
transactions
(9,250,781)
$
(83,946,550)
30,273,921
$
279,992,504
Six
Months
Ended
9/30/24
Year
Ended
3/31/24
8.5
5–15
Year
Laddered
Tax
Exempt
Bond
Shares
Amount
Shares
Amount
Subscriptions:
Class
A
320,213
$
3,125,155
785,378
$
7,642,057
Class
I
27,510
268,591
Class
R6
98,379
954,288
57,968
561,695
Total
subscriptions
418,592
4,079,443
870,856
8,472,343
Reinvestments
of
distributions:
Class
A
278,568
2,720,360
499,518
4,847,145
Class
I
395
3,845
872
8,452
Class
R6
13,083
127,667
23,427
227,104
Total
reinvestments
of
distributions
292,046
2,851,872
523,817
5,082,701
Redemptions:
Class
A
(1,488,784)
(14,540,603)
(2,768,904)
(26,860,682)
Class
I
(3,257)
(31,542)
(45,947)
(448,035)
Class
R6
(104,547)
(1,018,703)
(141,490)
(1,354,763)
Total
redemptions
(1,596,588)
(15,590,848)
(2,956,341)
(28,663,480)
Net
increase
(decrease)
from
shareholder
transactions
(885,950)
$
(8,659,533)
(1,561,668)
$
(15,108,436)
Six
Months
Ended
9/30/24
Year
Ended
3/31/24
8.6
Green
Bond
Shares
Amount
Shares
Amount
Subscriptions:
Class
A
27,575
$
251,422
79,569
$
721,115
Class
I
439,927
4,005,135
1,102,443
9,905,649
Premier
Class
Class
R6
846,307
7,674,470
2,790,819
25,419,723
Retirement
Class
138,945
1,255,981
191,561
1,722,528
Total
subscriptions
1,452,754
13,187,008
4,164,392
37,769,015
Reinvestments
of
distributions:
Class
A
14,001
126,938
26,212
235,572
Class
I
86,068
780,538
173,538
1,558,167
Premier
Class
Class
R6
92,311
837,876
89,433
806,425
Retirement
Class
30,159
273,619
54,734
491,904
Total
reinvestments
of
distributions
222,539
2,018,971
343,917
3,092,068
Redemptions:
Class
A
(78,954)
(720,385)
(150,237)
(1,346,672)
Class
I
(396,987)
(3,600,307)
(2,089,197)
(18,447,196)
Premier
Class
Class
R6
(468,984)
(4,277,443)
(423,260)
(3,814,585)
Retirement
Class
(95,343)
(863,701)
(308,528)
(2,763,695)
Total
redemptions
(1,040,268)
(9,461,836)
(2,971,222)
(26,372,148)
Net
increase
(decrease)
from
shareholder
transactions
635,025
$
5,744,143
1,537,087
$
14,488,935
371
Six
Months
Ended
9/30/24
Year
Ended
3/31/24
8.7
High
Yield
Shares
Amount
Shares
Amount
Subscriptions:
Class
A
6,893,620
$
60,403,384
16,864,265
$
142,512,910
Class
I
11,433
99,693
74,902
627,064
Premier
Class
4,303,465
37,486,744
6,436,773
53,896,898
Class
R6
11,736,028
102,187,099
28,302,571
237,469,824
Retirement
Class
645,700
5,636,444
1,248,960
10,533,328
Class
W
3,794,180
33,082,508
9,415,019
79,806,589
Total
subscriptions
27,384,426
238,895,872
62,342,490
524,846,613
Reinvestments
of
distributions:
Class
A
660,604
5,787,954
1,401,381
11,850,700
Class
I
13,700
119,465
35,184
295,340
Premier
Class
30,902
269,159
91,687
771,689
Class
R6
4,227,143
36,907,530
7,957,756
67,005,015
Retirement
Class
751,920
6,565,079
1,554,597
13,088,418
Class
W
1
12
5
42
Total
reinvestments
of
distributions
5,684,270
49,649,199
11,040,610
93,011,204
Redemptions:
Class
A
(8,887,438)
(77,799,223)
(18,880,056)
(159,542,266)
Class
I
(77,961)
(676,193)
(568,502)
(4,746,125)
Premier
Class
(4,880,793)
(42,533,327)
(6,995,487)
(58,678,188)
Class
R6
(12,532,048)
(108,912,907)
(74,237,300)
(617,266,065)
Retirement
Class
(1,833,276)
(15,966,882)
(4,818,258)
(40,492,555)
Class
W
(4,596,615)
(39,992,095)
(26,817,898)
(222,756,293)
Total
redemptions
(32,808,131)
(285,880,627)
(132,317,501)
(1,103,481,492)
Net
increase
(decrease)
from
shareholder
transactions
260,565
$
2,664,444
(58,934,401)
$
(485,623,675)
Six
Months
Ended
9/30/24
Year
Ended
3/31/24
8.9
Short
Duration
Impact
Bond
Shares
Amount
Shares
Amount
Subscriptions:
Class
A
15,401
$
147,797
35,423
$
338,088
Class
I
24,731
236,290
43,094
411,340
Premier
Class
Class
R6
681,924
6,561,803
2,283,761
21,704,634
Retirement
Class
165,806
1,582,341
110,769
1,057,670
Total
subscriptions
887,862
8,528,231
2,473,047
23,511,732
Reinvestments
of
distributions:
Class
A
4,988
47,886
9,368
89,094
Class
I
2,371
22,758
3,575
33,942
Premier
Class
Class
R6
106,118
1,018,926
180,610
1,717,801
Retirement
Class
12,929
124,090
22,699
215,872
Total
reinvestments
of
distributions
126,406
1,213,660
216,252
2,056,709
Redemptions:
Class
A
(28,109)
(270,359)
(54,829)
(521,302)
Class
I
(7,442)
(71,725)
(39,890)
(377,545)
Premier
Class
Class
R6
(780,995)
(7,508,289)
(1,740,093)
(16,577,622)
Retirement
Class
(202,006)
(1,944,369)
(198,956)
(1,890,470)
Total
redemptions
(1,018,552)
(9,794,742)
(2,033,768)
(19,366,939)
Net
increase
(decrease)
from
shareholder
transactions
(4,284)
$
(52,851)
655,531
$
6,201,502
Notes
to
Financial
Statements
(continued)
372
Six
Months
Ended
9/30/24
Year
Ended
3/31/24
9.01
Short
Term
Bond
Shares
Amount
Shares
Amount
Subscriptions:
Class
A
274,794
$
2,756,118
490,276
$
4,849,577
Class
I
1,745,045
17,530,509
3,605,313
35,737,750
Premier
Class
85,982
858,731
40,535
399,729
Class
R6
11,431,137
114,148,026
14,923,784
147,520,450
Retirement
Class
1,912,025
19,032,514
1,808,529
17,942,601
Class
W
9,407,757
94,432,241
22,730,002
225,210,943
Total
subscriptions
24,856,740
248,758,139
43,598,439
431,661,050
Reinvestments
of
distributions:
Class
A
210,406
2,113,582
387,743
3,839,527
Class
I
303,313
3,044,365
497,841
4,925,246
Premier
Class
4,653
46,707
11,754
116,316
Class
R6
725,406
7,282,720
1,129,471
11,174,026
Retirement
Class
333,770
3,352,364
696,973
6,901,048
Class
W
Total
reinvestments
of
distributions
1,577,548
15,839,738
2,723,782
26,956,163
Redemptions:
Class
A
(702,053)
(7,039,872)
(1,944,625)
(19,209,323)
Class
I
(2,009,670)
(20,118,909)
(7,907,750)
(78,093,816)
Premier
Class
(120,527)
(1,202,352)
(173,573)
(1,723,916)
Class
R6
(8,734,725)
(87,674,848)
(30,109,768)
(297,754,698)
Retirement
Class
(5,679,657)
(57,125,966)
(5,983,487)
(59,273,332)
Class
W
(11,539,977)
(115,507,956)
(16,257,019)
(160,299,901)
Total
redemptions
(28,786,609)
(288,669,903)
(62,376,222)
(616,354,986)
Net
increase
(decrease)
from
shareholder
transactions
(2,352,321)
$
(24,072,026)
(16,054,001)
$
(157,737,773)
Six
Months
Ended
9/30/24
Year
Ended
3/31/24
9.1
Short
Term
Bond
Index
Shares
Amount
Shares
Amount
Subscriptions:
Class
A
19,290
$
186,384
16,494
$
157,548
Class
I
579
5,606
12,772
122,193
Premier
Class
711
6,786
15,410
146,462
Class
R6
398,088
3,835,228
2,004,911
19,126,139
Retirement
Class
11,268,768
107,858,993
22,146,569
211,172,507
Class
W
18,101,075
173,827,069
37,136,270
354,386,326
Total
subscriptions
29,788,511
285,720,066
61,332,426
585,111,175
Reinvestments
of
distributions:
Class
A
4,753
45,586
8,397
79,977
Class
I
889
8,525
1,746
16,621
Premier
Class
192
1,840
633
6,018
Class
R6
148,176
1,420,367
287,096
2,735,719
Retirement
Class
1,602,402
15,379,376
1,957,808
18,660,594
Class
W
Total
reinvestments
of
distributions
1,756,412
16,855,694
2,255,680
21,498,929
Redemptions:
Class
A
(27,157)
(259,117)
(32,573)
(310,076)
Class
I
(9,966)
(94,888)
(15,001)
(142,840)
Premier
Class
(4,678)
(44,894)
(23,410)
(223,318)
Class
R6
(2,648,134)
(25,299,829)
(1,783,207)
(17,000,119)
Retirement
Class
(4,476)
(42,662)
(82,619)
(787,930)
Class
W
(8,648,747)
(82,623,372)
(16,968,141)
(161,437,303)
Total
redemptions
(11,343,158)
(108,364,762)
(18,904,951)
(179,901,586)
Net
increase
(decrease)
from
shareholder
transactions
20,201,765
$
194,210,998
44,683,155
$
426,708,518
373
7.
Income
Tax
Information
Each
Fund
is
a
separate
taxpayer
for
federal
income
tax
purposes.
Each
Fund
intends
to
distribute
substantially
all
of
its
net
investment
income
and
net
capital
gains
to
shareholders
and
otherwise
comply
with
the
requirements
of
Subchapter
M
of
the
Internal
Revenue
Code
applicable
to
regulated
investment
companies.
Therefore,
no
federal
income
tax
provision
is
required.
The
5-15
Year
Laddered
Tax-Exempt
Bond
Fund
intends
to
satisfy
conditions
that
will
enable
interest
from
municipal
securities,
which
is
exempt
from
regular
federal
income
tax,
to
retain
such
tax-exempt
status
when
distributed
to
shareholders
of
the
Fund.
Net
realized
capital
gains
and
ordinary
income
distributions
paid
by
the
Fund
are
subject
to
federal
taxation. 
Each
Fund
files
income
tax
returns
in
U.S.
federal
and
applicable
state
and
local
jurisdictions.
A
Fund’s
federal
income
tax
returns
are
generally
subject
to
examination
for
a
period
of
three
fiscal
years
after
being
filed.
State
and
local
tax
returns
may
be
subject
to
examination
for
an
additional
period
of
time
depending
on
the
jurisdiction.
Management
has
analyzed
each
Fund’s
tax
positions
taken
for
all
open
tax
years
and
has
concluded
that
no
provision
for
income
tax
is
required
in
the
Fund’s
financial
statements.
As
of
the
end
of
the
reporting
period,
the
aggregate
cost
and
the
net
unrealized
appreciation/(depreciation)
of
all
investments
for
federal
income
tax
purposes
were
as
follows:
For
purposes
of
this
disclosure,
tax
cost
generally
includes
the
cost
of
portfolio
investments
as
well
as
up-front
fees
or
premiums
exchanged
on
derivatives
and
any
amounts
unrealized
for
income
statement
reporting
but
realized
income
and/or
capital
gains
for
tax
reporting,
if
applicable. 
Six
Months
Ended
9/30/24
Year
Ended
3/31/24
9.2
Money
Market
Shares
Amount
Shares
Amount
Subscriptions:
Class
A
50,767,829
$
50,767,826
99,409,557
$
99,409,557
Class
I
13,361,686
13,361,686
16,088,421
16,088,421
Premier
Class
30,676,553
30,676,552
44,351,067
44,351,067
Class
R6
167,112,942
167,112,942
287,214,356
287,214,356
Retirement
Class
108,608,863
108,608,864
366,341,289
366,341,289
Total
subscriptions
370,527,873
370,527,870
813,404,690
813,404,690
Reinvestments
of
distributions:
Class
A
7,153,567
7,153,567
13,972,508
13,972,508
Class
I
1,165,823
1,165,823
1,937,033
1,937,033
Premier
Class
991,868
991,868
2,020,524
2,020,524
Class
R6
28,014,349
28,014,349
52,083,864
52,083,864
Retirement
Class
15,633,751
15,633,751
29,630,508
29,630,508
Total
reinvestments
of
distributions
52,959,358
52,959,358
99,644,437
99,644,437
Redemptions:
Class
A
(57,761,135)
(57,761,135)
(107,826,978)
(107,826,978)
Class
I
(13,217,729)
(13,217,729)
(10,021,871)
(10,021,871)
Premier
Class
(26,712,425)
(26,712,425)
(46,487,498)
(46,487,498)
Class
R6
(140,115,947)
(140,115,947)
(288,291,453)
(288,291,453)
Retirement
Class
(143,675,969)
(143,675,969)
(302,708,371)
(302,708,371)
Total
redemptions
(381,483,205)
(381,483,205)
(755,336,171)
(755,336,171)
Net
increase
(decrease)
from
shareholder
transactions
42,004,026
$
42,004,023
157,712,956
$
157,712,956
Fund
Tax
Cost
Gross
Unrealized
Appreciation
Gross
Unrealized
(Depreciation)
Net
Unrealized
Appreciation
(Depreciation)
8.1
Bond
Index
$28,089,255,727
$291,089,923
$(1,904,177,018)
$(1,613,087,095)
8.2
Core
Bond
11,313,140,048
169,575,870
(571,824,778)
(402,248,908)
8.3
Core
Impact
Bond
7,118,576,843
124,378,614
(317,564,852)
(193,186,238)
8.4
Core
Plus
Bond
5,312,433,496
77,992,898
(256,495,057)
(178,502,159)
8.5
5–15
Year
Laddered
Tax
Exempt
Bond
210,360,660
3,157,007
(959,267)
2,197,740
8.6
Green
Bond
169,796,776
2,488,745
(7,061,926)
(4,573,181)
8.7
High
Yield
2,121,486,361
40,563,197
(52,461,504)
(11,898,307)
8.9
Short
Duration
Impact
Bond
78,089,503
1,033,688
(1,066,572)
(32,884)
9.01
Short
Term
Bond
1,863,462,695
20,074,118
(22,335,723)
(2,261,605)
9.1
Short
Term
Bond
Index
2,240,651,241
29,400,251
(699,155)
28,701,096
9.2
Money
Market
2,105,744,109
Notes
to
Financial
Statements
(continued)
374
As
of
prior
fiscal
period end,
the
components
of
accumulated
earnings
on
a
tax
basis
were
as
follows:
As
of
prior
fiscal
period
end,
the
Funds
had
capital
loss
carryforwards,
which
will
not
expire:
8.
Investment
Adviser
and
Other
Transactions
with
Affiliates
Under
the
terms
of
the
Investment
Management
Agreement
with
respect
to
each
Fund, the
Adviser provides
asset
management
services
to
the
Fund
for
an
annual
fee,
payable
monthly.
The
Funds
have
entered
into
an
Administrative
Service
Agreement
with
the
Adviser
under
which
the
Funds
pay the
Adviser for
its
costs
in
providing
certain
administrative
and
compliance
services
to
the
Funds.
The
Adviser
has
agreed
to
gradually
reduce
expenses
allocated
to
the
Funds
under
the
Administrative
Services
Agreement
over
a
three-year
period
commencing
May
1,
2024.
After
the
expiration
of
this
three-year
period,
the
Adviser
will
no
longer
allocate
expenses
to
the
Funds
under
the
Administrative
Services
Agreement.
Under
the
terms
of
a
Retirement
Class
Service
Agreement
with
respect
to
each
Fund,
the
Retirement
Class
of
the
Fund
incurs
an
annual
fee
of
0.25%
of
the
daily
net
assets,
payable
monthly
to
the
Adviser,
for
certain
administrative
costs
associated
with
the
maintenance
of
Retirement
Class
shares
on
retirement
plan
or
other
platforms.
Substantially
all
of
the
Retirement
Class
shareholder
servicing
fees
reported
on
the
Statement
of
Operations
are
paid
to
the
Adviser
under
the
Service
Agreement.
Nuveen
Securities,
LLC
(“Nuveen
Securities”),
which
is
a
wholly
owned
indirect
subsidiary
of
TIAA,
distributes
the
Funds’
shares.
Under
the
terms
of
the
distribution
agreement,
Nuveen
Securities
is
not
compensated.
Nuveen
Securities
does
not
currently
enter
into
agreements,
or
otherwise
pay,
other
intermediaries
to
sell
shares
of
the
Funds. 
Under
the
terms
of
a
distribution
Rule
12b-
1
plan, Class
A
shares of
each
Fund
compensates
Nuveen
Securities
for
providing
distribution,
promotional
and/or
shareholder
services
to Class
A
shares of
the
Fund
at
the
annual
rate
of
0.25%
of
the
average
daily
net
assets
attributable
to
the
Fund’s
Class
A
shares.
The
Premier
Class
of
each
Fund
is
subject
to
a
distribution
Rule
12b-1
plan
that
compensates
Nuveen
Securities
for
providing
distribution,
promotional
and/or
shareholder
services
to
the
Premier
Class
of
the
Fund
at
the
annual
rate
of
0.15%
of
the
average
daily
net
assets
attributable
to
the
Fund’s
Premier
Class.
The
Adviser has
contractually
agreed
to
waive
and/or
reimburse
Class
W’s
shares’
Management
fees
and
Other
expenses
(excluding
interest,
taxes,
brokerage
commissions
or
other
transactional
expenses,
acquired
fund
fees
and
expenses,
trustee
expenses
and
extraordinary
expenses)
in
their
entirety.
The
Adviser
expects
this
waiver
and/or
reimbursement
to
remain
in
effect
indefinitely,
unless
changed
or
terminated
with
approval
of
the
Board.
The
Management
fees
and
Other
expenses
of
Class
W
shares
that
have
been
waived
by the
Adviser may
be
incurred
directly
or
indirectly,
all
or
in
part,
by
investors
in
Class
W
shares.
Fund
Undistributed
Tax-Exempt
Income
Undistributed
Ordinary
Income
Undistributed
Long-Term
Capital
Gains
Unrealized
Appreciation
(Depreciation)
Capital
Loss
Carryforwards
Late-Year
Loss
Deferrals
Other
Book-to-Tax
Differences
Total
8.1
Bond
Index
$–
$35,648,301
$–
$(2,526,112,716)
$(226,900,440)
$–
$(38,885,612)
$(2,756,250,467)
8.2
Core
Bond
12,618,206
(780,635,090)
(729,488,372)
(19,281,047)
(1,516,786,303)
8.3
Core
Impact
Bond
3,274,862
(428,525,793)
(643,605,021)
(4,836,603)
(1,073,692,555)
8.4
Core
Plus
Bond
7,789,387
(388,474,066)
(366,272,636)
(14,002,042)
(760,959,357)
8.5
5–15
Year
Laddered
Tax
Exempt
Bond
53,088
28,521
(4,135,618)
(11,219,475)
(111,201)
(15,384,685)
8.6
Green
Bond
204,848
(9,710,228)
(4,949,094)
(251,374)
(14,705,848)
8.7
High
Yield
2,765,959
(64,571,591)
(451,846,122)
(3,117,746)
(516,769,500)
8.9
Short
Duration
Impact
Bond
83,996
(1,063,140)
(895,214)
(93,286)
(1,967,644)
9.01
Short
Term
Bond
3,329,345
(31,189,162)
(46,478,780)
(4,428,875)
(78,767,472)
9.1
Short
Term
Bond
Index
4,389,933
(12,931,514)
(52,905,240)
(4,391,914)
(65,838,735)
9.2
Money
Market
30,184
559
30,743
Fund
Short-Term
Long-Term
Total
8.1
Bond
Index
$88,294,602
$138,605,838
$226,900,440
8.2
Core
Bond
339,820,914
389,667,458
729,488,372
8.3
Core
Impact
Bond
318,837,411
324,767,610
643,605,021
8.4
Core
Plus
Bond
159,133,574
207,139,062
366,272,636
8.5
5–15
Year
Laddered
Tax
Exempt
Bond
11,219,475
11,219,475
8.6
Green
Bond
1,871,792
3,077,302
4,949,094
8.7
High
Yield
88,011,551
363,834,571
451,846,122
8.9
Short
Duration
Impact
Bond
660,834
234,380
895,214
9.01
Short
Term
Bond
46,478,780
46,478,780
9.1
Short
Term
Bond
Index
10,648,414
42,256,826
52,905,240
9.2
Money
Market
375
Effective
May
1,
2024,
the
management
fee
schedule
for
each
Fund,
other
than
the
Bond
Index
Fund,
Short
Term
Bond
Index
Fund
and
Money
Market
Fund,
consists
of
two
components:
a
Fund-level
fee,
based
only
on
the
amount
of
assets
within
a
Fund,
and
a
complex-level
fee,
based
on
the
aggregate
amount
of
all
eligible
assets
managed
by
the
Adviser
and
Nuveen
Fund
Advisors,
LLC
(“Nuveen
Fund
Advisors”). 
As
of
May
1,
2024
for
each
Fund
subject
to
the
complex-level
fee,
each
Fund’s
overall
complex-level
fee
begins
at
a
maximum
rate
of
0.1600%
of
a
Fund’s
average
daily
net
assets,
with
breakpoints
for
eligible
complex-level
assets
above
$124.3
billion.
Therefore,
the
maximum
management
fee
rate
for
each
such
Fund
is
the
Fund-level
fee
plus
0.1600%.
The
complex-level
fee
rate
for
each
such
Fund
is
determined
by
taking
the
current
overall
complex-level
fee
rate
and
applying
that
rate
to
all
eligible
assets
of
the
fund.
With
respect
to
the
assets
of
each
such
Fund
that
are
not
eligible
assets,
those
assets
are
subject
to
the
maximum
complex
–level
fee
rate
(0.1600%).
As
of
May
1,
2024,
11%
of
the
net
assets
of
each
such
Fund
are
eligible
assets,
and
that
percentage
will
increase
annually
until
May
1,
2033,
at
which
time
eligible
assets
will
include
all
of
the
net
assets
of
a
Fund.
The
current
overall
complex-level
fee
schedule
is
as
follows:
*The
complex-level
fee
is
calculated
based
upon
the
aggregate
daily
“eligible
assets”
of
all
Nuveen-branded
closed-end
funds
and
Nuveen-branded
open-end
funds
(“Nuveen
Mutual
Funds”).
Except
as
described
below,
eligible
assets
include
the
assets
of
all
Nuveen-branded
closed-end
funds
and
Nuveen
Mutual
Funds
organized
in
the
United
States.
Eligible
assets
do
not
include
the
net
assets
of:
Nuveen
fund-of-funds,
Nuveen
money
market
funds,
Nuveen
index
funds,
Nuveen
Large
Cap
Responsible
Equity
Fund
or
Nuveen
Life
Large
Cap
Responsible
Equity
Fund.
In
addition,
eligible
assets
include
a
fixed
percentage
of
the
aggregate
net
assets
of
the
active
equity
and
fixed
income
Nuveen
Mutual
Funds
advised
by
the
Adviser
(except
those
identified
above).
The
fixed
percentage
will
increase
annually
until
May
1,
2033,
at
which
time
eligible
assets
will
include
all
of
the
aggregate
net
assets
of
Adviser-advised
active
equity
and
fixed
income
Nuveen
Mutual
Funds
(except
those
identified
above).
Eligible
assets
include
closed-end
fund
assets
managed
by
Nuveen
Fund
Advisors
that
are
attributable
to
financial
leverage.
For
these
purposes,
financial
leverage
includes
the
closed-end
funds’
use
of
preferred
stock
and
borrowings
and
certain
investments
in
the
residual
interest
certificates
(also
called
inverse
floating
rate
securities)
in
tender
option
bond
(TOB)
trusts,
including
the
portion
of
assets
held
by
a
TOB
trust
that
has
been
effectively
financed
by
the
trust’s
issuance
of
floating
rate
securities,
subject
to
an
agreement
by
Nuveen
Fund
Advisors
as
to
certain
funds
to
limit
the
amount
of
such
assets
for
determining
eligible
assets
in
certain
circumstances.
As
of
September
30,
2024,
the
complex-level
fee
rate
for
each
Fund
was
as
follows:
For
the
Bond
Index
Fund,
Short
Term
Bond
Index
Fund
and
Money
Market
Fund,
the
management
fee
schedule
consists
of
one
component,
a
Fund-level
fee,
based
on
the
amount
of
assets
within
a
Fund,
and
there
are
no
changes
to
the
investment
management
fees.
The
Adviser
has
agreed
to
reimburse
each
Fund
if
its
total
expense
ratio
(excluding
interest,
taxes,
brokerage
commissions
or
other
transactional
expenses,
acquired
fund
fees
and
expenses
and
extraordinary
expenses)
exceeds
certain
percentages.
As
of
the
end
of
the
reporting
period,
the
investment
management
fee,
service
agreement
fee,
distribution
fee
and
maximum
expense
amounts
(after
waivers
and
reimbursements)
are
equal
to
the
following
noted
annual
percentage
of
average
daily
net
assets
for
each
class:
Complex
Level
Asset
Breakpoint
Level*
Complex
Level
Fee
For
the
first
$124.3
billion
0.1600%
For
the
next
$75.7
billion
0.1350
For
the
next
$200
billion
0.1325
For
eligible
assets
over
$400
billion
0.1300
Fund
Complex-Level
Fee
8.1
Bond
Index
—%
8.2
Core
Bond
0.1597%
8.3
Core
Impact
Bond
0.1597%
8.4
Core
Plus
Bond
0.1597%
8.5
5–15
Year
Laddered
Tax
Exempt
Bond
0.1597%
8.6
Green
Bond
0.1597%
8.7
High
Yield
0.1597%
8.9
Short
Duration
Impact
Bond
0.1597%
9.01
Short
Term
Bond
0.1597%
9.1
Short
Term
Bond
Index
—%
9.2
Money
Market
—%
Notes
to
Financial
Statements
(continued)
376
Prior
to
May
1,
2024,
the
investment
management
fee,
service
agreement
fee,
distribution
fee
and
maximum
expense
amounts
(after
waivers
and
reimbursements)
are
equal
to
the
following
noted
annual
percentage
of
average
daily
net
assets
for
each
class:
The Funds are
permitted
to
purchase
or
sell securities
from
or
to
certain
other
funds
or
accounts
managed
by
the
Adviser
or
by
an
affiliate
of
the
Adviser
(each
an,
"Affiliated
Entity")
under
specified
conditions
outlined
in
procedures
adopted
by
the
Board
("cross-
trade").
These
procedures
have
been
designed
to
ensure
that
any
cross-trade
of
securities
by
the
Fund from
or
to
an
Affiliated
Entity
by
virtue
of
having
a
common
investment
adviser
(or
affiliated
investment
adviser),
common
officer
and/or
common
trustee complies
with
Rule
17a-7
under
the
1940
Act.
These
transactions
are
affected
at
the
current
market price
(as
provided
by
an
independent
pricing
service) without
incurring
broker
commissions.
During
the
current
fiscal
period,
the
Funds
did
not
engage
in
security
transactions
with
affiliated
entities. 
A
registered
separate
account
of
TIAA
(collectively
“TIAA
Access”)
has
various
sub-accounts
that
invest
in
the
Funds,
and
certain
funds
within
the
Trust
also
make
investments
in
the
Funds.
The
following
is
the
percentage
of
the
Funds'
shares
owned
by
affiliates
as
of
the
end
of
the
current
fiscal
period:
Fund-Level
Fee
Range
Maximum
Expense
Amounts‡
Fund
Class
A
Class
I
Premier
Class
Class
R6
Retirement
Class
Class
W
8.1
Bond
Index
0.060
%
0.440
%
0.240
%
0.240
%
0.090
%
0.340
%
0.090
%
8.2
Core
Bond*
0.090
%
—0.140
%
0.700
0.500
0.500
0.350
0.600
0.350
8.3
Core
Impact
Bond*
0.140
%
—0.190
%
0.750
0.550
0.550
0.400
0.650
8.4
Core
Plus
Bond*
0.090
%
—0.140
%
0.700
0.500
0.500
0.350
0.600
0.350
8.5
5–15
Year
Laddered
Tax
Exempt
Bond*
0.040
%
—0.090
%
0.650
0.450
0.300
8.6
Green
Bond*
0.190
%
—0.240
%
0.800
0.600
0.600
0.450
0.700
8.7
High
Yield*
0.140
%
—0.190
%
0.750
0.550
0.550
0.400
0.650
0.400
8.9
Short
Duration
Impact
Bond*
0.090
%
—0.140
%
0.700
0.500
0.500
0.350
0.600
9.01
Short
Term
Bond*
0.040
%
—0.090
%
0.650
0.450
0.450
0.300
0.550
0.300
9.1
Short
Term
Bond
Index
0.050
%
0.450
0.250
0.250
0.100
0.350
0.100
9.2
Money
Market
0.100
%
0.500
0.300
0.300
0.150
0.400
*
This
Fund
is
subject
to
a
breakpoint
schedule
on
its
investment
management
fee,
which
reduces
this
fee
as
the
Fund’s
net
assets
increase.
Maximum
expense
amounts
reflect
all
expenses
excluding
interest,
taxes,
brokerage
commissions
or
other
transactional
expenses,
Acquired
fund
fees
and
expenses
and
extraordinary
expenses.
The
expense
reimbursement
arrangements
will
continue
through
at
least
July
31,
2025.
The
reimbursement
arrangements
can
only
be
changed
with
the
approval
of
the
Board.
Investment
Management
Fee
Range
Investment
Management
Fee-
Effective
Rate
Maximum
Expense
Amounts‡
Fund
Class
A
Class
I
Premier
Class
Class
R6
Retirement
Class
Class
W
8.1
Bond
Index
0.060
%
0.060
%
0.440
%
0.240
%
0.240
%
0.090
%
0.340
%
0.090
%
8.2
Core
Bond*
0.250
%
—0.300
%
0.275
0.700
0.500
0.500
0.350
0.600
0.350
8.3
Core
Impact
Bond*
0.300
%
—0.350
%
0.332
0.750
0.550
0.550
0.400
0.650
8.4
Core
Plus
Bond*
0.250
%
—0.300
%
0.286
0.700
0.500
0.500
0.350
0.600
0.350
8.5
5–15
Year
Laddered
Tax
Exempt
Bond*
0.200
%
—0.250
%
0.250
0.650
0.450
0.300
8.6
Green
Bond*
0.350
%
—0.400
%
0.400
0.800
0.600
0.600
0.450
0.700
8.7
High
Yield*
0.300
%
—0.350
%
0.345
0.750
0.550
0.550
0.400
0.650
0.400
8.9
Short
Duration
Impact
Bond*
0.250
%
—0.300
%
0.300
0.700
0.500
0.500
0.350
0.600
9.01
Short
Term
Bond*
0.200
%
—0.250
%
0.245
0.650
0.450
0.450
0.300
0.550
0.300
9.1
Short
Term
Bond
Index
0.050
%
0.050
0.450
0.250
0.250
0.100
0.350
0.100
9.2
Money
Market
0.100
%
0.100
0.500
0.300
0.300
0.150
0.400
Underlying
Fund
TIAA
Nuveen
Lifecycle
Funds
Nuveen
Lifecycle
Index
Funds
Nuveen
Lifestyle
Funds
Nuveen
Managed
Allocation
Fund
TIAA
Access
Total
8.1
Bond
Index
%
%
27
%
%
%
%
27
%
8.2
Core
Bond
20
20
8.4
Core
Plus
Bond
27
4
4
1
36
8.6
Green
Bond
21
21
8.7
High
Yield
10
4
14
8.9
Short
Duration
Impact
Bond
16
16
9.01
Short
Term
Bond
25
3
1
29
9.1
Short
Term
Bond
Index
30
30
9.2
Money
Market
2
2
377
9.
Inter-Fund
Lending
Program
Pursuant
to
an
exemptive
order
issued
by
the
SEC,
the
Funds may
participate
in
an
inter-fund
lending
program.
This
program
allows
the
Funds to
lend
cash
to
and/or
borrow
cash
from
certain
other
affiliated
Funds for
temporary
purposes,
(e.g.,
to
satisfy
redemption
requests
or
to
cover
unanticipated
cash
shortfalls).
The
program
is
subject
to
a
number
of
conditions,
including
the
requirement
that
no
Fund may
borrow
or
lend
money
under
the
program
unless
it
receives
a
more
favorable
interest
rate
than
is
available
from
a
bank
or
other
financial
institution
for
a
comparable
transaction.
In
addition,
a
Fund may
participate
in
the
program
only
if
its
participation
is
consistent
with
the
Fund’s investment
policies
and
limitations
and
authorized
by
its
portfolio
manager(s).
During the current
fiscal
period,
there
were
no
inter-fund
borrowing
or
lending
transactions. 
10.
Line
of
Credit
The Funds
(other
than
Money
Market
Fund)
participate
in
a
$500
million
unsecured
revolving
credit
facility
that
can
be
used
for
temporary
purposes,
including,
without
limitation,
the
funding
of
shareholder
redemptions.
The
current
facility
was
entered
into
on
June
11,
2024
expiring
on
June
10,
2025,
replacing
the
previous $1
billion
facility,
which
expired
June
2024.
Certain
affiliated
accounts,
each
of
which
is
managed
by the
Adviser,
or
an
affiliate
of
the
Adviser, also
participate
in
this
facility.
An
annual
commitment
fee
for
the
credit
facility
is
borne
by
the
participating
accounts
on
a
pro
rata
basis.
Interest
associated
with
any
borrowing
under
the
facility
is
charged
to
the
borrowing
accounts
at
a
specified
rate
of
interest.
The Funds are
not
liable
for
borrowings
under
the
facility
by
other
affiliated
accounts.
There
were
no
borrowings
under
this
credit
facility
by
the
Funds during
the
current fiscal
period.


1
Item
7.
Financial
Statements
and
Financial
Highlights
for
Open-
End
Management
Investment
Companies
Inflation
Linked
Bond
Portfolio
of
Investments
September
30,
2024
2
See
Notes
to
Financial
Statements
(Unaudited)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
LONG-TERM
INVESTMENTS
-
98.2%
CORPORATE
BONDS
-
0
.3
%
ENERGY
-
0.1%
$
986,842
Reliance
Industries
Ltd
2
.444
%
01/15/26
$
970,923‌
TOTAL
ENERGY
970,923‌
FINANCIAL
SERVICES
-
0.0%
839,647
HNA
LLC
2
.369
09/18/27
809,868‌
TOTAL
FINANCIAL
SERVICES
809,868‌
HEALTH
CARE
EQUIPMENT
&
SERVICES
-
0.2%
6,600,000
Montefiore
Medical
Center
2
.895
04/20/32
5,770,792‌
TOTAL
HEALTH
CARE
EQUIPMENT
&
SERVICES
5,770,792‌
TOTAL
CORPORATE
BONDS
(Cost
$8,421,255)
7,551,583‌
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
GOVERNMENT
BONDS
-
97.9%
AGENCY
SECURITIES
-
0.2%
9,000,000
Federal
National
Mortgage
Association
(FNMA)
1
.625
08/24/35
6,869,630‌
TOTAL
AGENCY
SECURITIES
6,869,630‌
MORTGAGE
BACKED
-
1.8%
7,568,572
Government
National
Mortgage
Association
(GNMA)
3
.600
09/15/31
7,366,218‌
4,140,859
GNMA
3
.700
10/15/33
4,067,940‌
1,249,002
GNMA
3
.380
07/15/35
1,236,384‌
1,218,764
GNMA
3
.870
10/15/36
1,196,065‌
4,456,948
GNMA
3
.940
03/15/37
4,332,139‌
16,066,143
GNMA
1
.730
07/15/37
14,034,690‌
11,960,236
GNMA
1
.650
07/15/42
10,085,707‌
12,113,979
GNMA
2
.750
01/15/45
11,129,774‌
TOTAL
MORTGAGE
BACKED
53,448,917‌
U.S.
TREASURY
SECURITIES
-
95.9%
245
(a)
United
States
Treasury
Inflation
Indexed
Bonds
0
.125
10/15/24
245‌
531
(a)
United
States
Treasury
Inflation
Indexed
Bonds
0
.250
01/15/25
525‌
15,760,188
(a)
United
States
Treasury
Inflation
Indexed
Bonds
2
.375
01/15/25
15,655,774‌
37,806,772
(a)
United
States
Treasury
Inflation
Indexed
Bonds
0
.125
04/15/25
37,133,117‌
4,930,329
(a)
United
States
Treasury
Inflation
Indexed
Bonds
0
.375
07/15/25
4,859,725‌
48,487,115
(a)
United
States
Treasury
Inflation
Indexed
Bonds
0
.125
10/15/25
47,545,077‌
102,773,109
(a)
United
States
Treasury
Inflation
Indexed
Bonds
0
.625
01/15/26
100,796,093‌
64,116,328
(a)
United
States
Treasury
Inflation
Indexed
Bonds
2
.000
01/15/26
63,995,108‌
63,078,568
(a)
United
States
Treasury
Inflation
Indexed
Bonds
0
.125
04/15/26
61,322,822‌
102,349,129
(a)
United
States
Treasury
Inflation
Indexed
Bonds
0
.125
07/15/26
99,766,495‌
127,879,433
(a)
United
States
Treasury
Inflation
Indexed
Bonds
0
.125
10/15/26
124,343,981‌
129,466,383
(a)
United
States
Treasury
Inflation
Indexed
Bonds
0
.375
01/15/27
125,781,290‌
39,543,308
(a)
United
States
Treasury
Inflation
Indexed
Bonds
2
.375
01/15/27
40,186,908‌
16,709,700
(a)
United
States
Treasury
Inflation
Indexed
Bonds
0
.125
04/15/27
16,085,665‌
87,433,977
(a)
United
States
Treasury
Inflation
Indexed
Bonds
0
.375
07/15/27
85,019,029‌
83,932,919
(a)
United
States
Treasury
Inflation
Indexed
Bonds
1
.625
10/15/27
84,482,035‌
97,036,887
(a)
United
States
Treasury
Inflation
Indexed
Bonds
0
.500
01/15/28
93,952,242‌
26,370,912
(a)
United
States
Treasury
Inflation
Indexed
Bonds
1
.750
01/15/28
26,583,467‌
167,435,205
(a)
United
States
Treasury
Inflation
Indexed
Bonds
1
.250
04/15/28
165,846,365‌
42,356,227
(a)
United
States
Treasury
Inflation
Indexed
Bonds
3
.625
04/15/28
45,387,516‌
68,915,724
(a)
United
States
Treasury
Inflation
Indexed
Bonds
0
.750
07/15/28
67,384,354‌
73,267,888
(a)
United
States
Treasury
Inflation
Indexed
Bonds
2
.375
10/15/28
76,091,451‌
95,881,893
(a)
United
States
Treasury
Inflation
Indexed
Bonds
0
.875
01/15/29
93,601,273‌
77,767,493
(a)
United
States
Treasury
Inflation
Indexed
Bonds
2
.500
01/15/29
81,103,574‌
102,959,100
(a)
United
States
Treasury
Inflation
Indexed
Bonds
2
.125
04/15/29
105,813,332‌
75,353,362
(a)
United
States
Treasury
Inflation
Indexed
Bonds
3
.875
04/15/29
83,159,149‌
73,125,993
(a)
United
States
Treasury
Inflation
Indexed
Bonds
0
.250
07/15/29
69,373,823‌
121,719,784
(a)
United
States
Treasury
Inflation
Indexed
Bonds
0
.125
01/15/30
113,557,506‌
128,215,739
(a)
United
States
Treasury
Inflation
Indexed
Bonds
0
.125
07/15/30
119,217,600‌
97,868,250
(a)
United
States
Treasury
Inflation
Indexed
Bonds
0
.125
01/15/31
89,920,402‌
141,336,402
(a)
United
States
Treasury
Inflation
Indexed
Bonds
0
.125
07/15/31
129,288,597‌
3
See
Notes
to
Financial
Statements
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
U.S.
TREASURY
SECURITIES
(continued)
$
6,133,010
(a)
United
States
Treasury
Inflation
Indexed
Bonds
0
.125
%
01/15/32
$
5,542,462‌
45,571,862
(a)
United
States
Treasury
Inflation
Indexed
Bonds
3
.375
04/15/32
51,474,272‌
72,367,131
(a)
United
States
Treasury
Inflation
Indexed
Bonds
0
.625
07/15/32
67,753,806‌
172,058,905
(a)
United
States
Treasury
Inflation
Indexed
Bonds
1
.125
01/15/33
166,000,659‌
92,896,011
(a)
United
States
Treasury
Inflation
Indexed
Bonds
1
.375
07/15/33
91,564,038‌
123,809,620
(a)
United
States
Treasury
Inflation
Indexed
Bonds
1
.750
01/15/34
125,182,607‌
84,349,792
(a)
United
States
Treasury
Inflation
Indexed
Bonds
1
.875
07/15/34
86,410,050‌
TOTAL
U.S.
TREASURY
SECURITIES
2,861,182,434‌
TOTAL
GOVERNMENT
BONDS
(Cost
$2,990,690,065)
2,921,500,981‌
TOTAL
LONG-TERM
INVESTMENTS
(Cost
$2,999,111,320)
2,929,052,564‌
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
SHORT-TERM
INVESTMENTS
-
1.2%
GOVERNMENT
AGENCY
DEBT
-
1.2%
37,202,000
Federal
Farm
Credit
0
.000
10/01/24
37,197,195‌
TOTAL
GOVERNMENT
AGENCY
DEBT
37,197,195‌
REPURCHASE
AGREEMENT
-
0.0%
95,000
(b)
Fixed
Income
Clearing
Corporation
4
.880
10/01/24
95,000‌
TOTAL
REPURCHASE
AGREEMENT
95,000‌
TOTAL
SHORT-TERM
INVESTMENTS
(Cost
$37,297,000)
37,292,195‌
TOTAL
INVESTMENTS
-
99.4%
(Cost
$3,036,408,320)
2,966,344,759‌
OTHER
ASSETS
&
LIABILITIES,
NET
-
0.6%
17,542,909‌
NET
ASSETS
-
100.0%
$
2,983,887,668‌
(a)
Principal
amount
for
interest
accrual
purposes
is
periodically
adjusted
based
on
changes
in
the
Consumer
Price
Index.
(b)
Agreement
with
Fixed
Income
Clearing
Corporation,
4.880%
dated
9/30/24
to
be
repurchased
at
$95,013
on
10/1/24,
collateralized
by
Government
Agency
Securities,
with
coupon
rate
0.875%
and
maturity
date
6/30/26,
valued
at
$97,012.
Futures
Contracts
-
Long
Description
Number
of
Contracts
Expiration
Date
Notional
Amount
Value
Unrealized
Appreciation
(Depreciation)
U.S.
Treasury
10-Year
Note
97‌
12/19/24
 $
11,064,988‌
$
11,085,281‌
 $
20,293‌
U.S.
Treasury
5-Year
Note
240‌
12/31/24
26,329,873‌
26,371,875‌
42,002‌
Total
337‌
 $
37,394,861‌
 $
37,457,156‌
$
62,295‌
Real
Estate
Securities
Select
Portfolio
of
Investments
September
30,
2024
4
See
Notes
to
Financial
Statements
(Unaudited)
SHARES
DESCRIPTION
VALUE
LONG-TERM
INVESTMENTS
-
99.4%
COMMON
STOCKS
-
99.4%
DATA
CENTER
REITS
-
11.4%
925,000
Digital
Realty
Trust,
Inc
$
149,692,750‌
224,000
Equinix,
Inc
198,829,120‌
TOTAL
DATA
CENTER
REITS
348,521,870‌
HEALTH
CARE
REITS
-
10.5%
275,000
American
Healthcare
REIT,
Inc
7,177,500‌
1,600,000
Healthpeak
Properties,
Inc
36,592,000‌
800,000
Sabra
Health
Care
REIT,
Inc
14,888,000‌
1,250,000
Ventas,
Inc
80,162,500‌
1,425,000
Welltower,
Inc
182,442,750‌
TOTAL
HEALTH
CARE
REITS
321,262,750‌
HOTEL
&
RESORT
REITS
-
1.3%
2,200,000
Host
Hotels
&
Resorts
Inc
38,720,000‌
TOTAL
HOTEL
&
RESORT
REITS
38,720,000‌
INDUSTRIAL
REITS
-
17.7%
200,000
EastGroup
Properties,
Inc
37,364,000‌
750,000
Lineage,
Inc
58,785,000‌
2,600,000
Prologis,
Inc
328,328,000‌
1,050,000
Rexford
Industrial
Realty,
Inc
52,825,500‌
1,000,000
Terreno
Realty
Corp
66,830,000‌
TOTAL
INDUSTRIAL
REITS
544,132,500‌
MULTI-FAMILY
RESIDENTIAL
REITS
-
9.4%
550,000
AvalonBay
Communities,
Inc
123,887,500‌
225,000
Camden
Property
Trust
27,794,250‌
625,000
Equity
Residential
46,537,500‌
200,000
Essex
Property
Trust,
Inc
59,084,000‌
200,000
Mid-America
Apartment
Communities,
Inc
31,780,000‌
TOTAL
MULTI-FAMILY
RESIDENTIAL
REITS
289,083,250‌
OFFICE
REITS
-
3.9%
375,000
Boston
Properties,
Inc
30,172,500‌
925,000
SL
Green
Realty
Corp
64,389,250‌
675,000
Vornado
Realty
Trust
26,595,000‌
TOTAL
OFFICE
REITS
121,156,750‌
OTHER
SPECIALIZED
REITS
-
7.6%
1,000,000
Gaming
and
Leisure
Properties,
Inc
51,450,000‌
500,000
Iron
Mountain,
Inc
59,415,000‌
3,650,000
VICI
Properties,
Inc
121,581,500‌
TOTAL
OTHER
SPECIALIZED
REITS
232,446,500‌
RETAIL
REITS
-
15.4%
1,750,000
Brixmor
Property
Group,
Inc
48,755,000‌
3,300,000
Kimco
Realty
Corp
76,626,000‌
1,500,000
Kite
Realty
Group
Trust
39,840,000‌
1,025,000
Realty
Income
Corp
65,005,500‌
700,000
Regency
Centers
Corp
50,561,000‌
1,125,000
Simon
Property
Group,
Inc
190,147,500‌
TOTAL
RETAIL
REITS
470,935,000‌
SELF
STORAGE
REITS
-
5.7%
500,000
Extra
Space
Storage,
Inc
90,095,000‌
235,000
Public
Storage,
Inc
85,509,450‌
TOTAL
SELF
STORAGE
REITS
175,604,450‌
SINGLE-FAMILY
RESIDENTIAL
REITS
-
7.3%
1,700,000
American
Homes
4
Rent
65,263,000‌
1,000,000
Equity
Lifestyle
Properties,
Inc
71,340,000‌
700,000
Invitation
Homes,
Inc
24,682,000‌
475,000
Sun
Communities,
Inc
64,196,250‌
TOTAL
SINGLE-FAMILY
RESIDENTIAL
REITS
225,481,250‌
TELECOM
TOWER
REITS
-
9.2%
850,000
American
Tower
Corp
197,676,000‌
5
See
Notes
to
Financial
Statements
SHARES
DESCRIPTION
VALUE
TELECOM
TOWER
REITS
(continued)
550,000
Crown
Castle,
Inc
$
65,246,500‌
75,000
SBA
Communications
Corp
18,052,500‌
TOTAL
TELECOM
TOWER
REITS
280,975,000‌
TOTAL
COMMON
STOCKS
(Cost
$1,814,220,631)
3,048,319,320‌
TOTAL
LONG-TERM
INVESTMENTS
(Cost
$1,814,220,631)
3,048,319,320‌
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
SHORT-TERM
INVESTMENTS
-
0.4%
TREASURY
DEBT
-
0
.4
%
$
11,166,000
United
States
Treasury
Bill
0
.000
%
10/01/24
11,166,000‌
TOTAL
TREASURY
DEBT
11,166,000‌
TOTAL
SHORT-TERM
INVESTMENTS
(Cost
$11,166,000)
11,166,000‌
TOTAL
INVESTMENTS
-
99.8%
(Cost
$1,825,386,631)
3,059,485,320‌
OTHER
ASSETS
&
LIABILITIES,
NET
-
0.2%
7,263,407‌
NET
ASSETS
-
100.0%
$
3,066,748,727‌
REIT
Real
Estate
Investment
Trust
Statement
of
Assets
and
Liabilities
See
Notes
to
Financial
Statements
6
September
30,
2024
(Unaudited)
7.1
Inflation
Linked
Bond
7.2
Real
Estate
Securities
Select
ASSETS
Long-term
investments,
at
value
$
2,929,052,564‌
$
3,048,319,320‌
Short-term
investments,
at
value
#
37,292,195‌
11,166,000‌
Cash
–‌
409,433‌
Receivables:
Dividends
–‌
8,413,672‌
Interest
10,109,490‌
–‌
Reimbursement
from
Adviser
448,166‌
103,029‌
Shares
sold
25,153,243‌
746,639‌
Other
637,108‌
601,598‌
Total
assets
3,002,692,766‌
3,069,759,691‌
LIABILITIES
Due
to
affiliates
12,046‌
13,574‌
Cash
overdraft
7,365,854‌
–‌
Payables:
Management
fees
581,123‌
1,184,200‌
Investments
purchased
-
regular
settlement
9,160,077‌
–‌
Shares
redeemed
775,404‌
982,319‌
Service
agreement
fees
54,892‌
124,439‌
Variation
margin
on
futures
contracts
132,078‌
–‌
Accrued
expenses:
Custodian
fees
7,504‌
6,285‌
Professional
fees
30,393‌
30,851‌
Shareholder
reporting
expenses
20,484‌
–‌
Shareholder
servicing
agent
fees
12,918‌
31,231‌
Trustees
fees
623,230‌
560,526‌
12b-1
distribution
and
service
fees
24,104‌
73,503‌
Other
4,991‌
4,036‌
Total
liabilities
18,805,098‌
3,010,964‌
Net
assets
$
2,983,887,668‌
$
3,066,748,727‌
NET
ASSETS
CONSIST
OF:
Paid-in
capital
$
3,109,280,986‌
$
2,092,736,941‌
Total
distributable
earnings
(loss)
(125,393,318‌)
974,011,786‌
Net
assets
$
2,983,887,668‌
$
3,066,748,727‌
Long-term
investments,
cost
$
2,999,111,320‌
$
1,814,220,631‌
#
Short-term
investments,
cost
37,297,000‌
11,166,000‌
Statement
of
Assets
and
Liabilities
(continued)
See
Notes
to
Financial
Statements
7
September
30,
2024
(Unaudited)
7.1
Inflation
Linked
Bond
7.2
Real
Estate
Securities
Select
CLASS
A:
Net
assets
$
116,492,943‌
$
345,504,045‌
Shares
outstanding
11,210,440‌
18,003,752‌
Net
asset
value
("NAV")
per
share
$
10.39‌
$
19.19‌
Maximum
sales
charge
3.75%
5.75%
Offering
price
per
share
(NAV
per
share
plus
maximum
sales
charge)
$
10.79‌
$
20.36‌
CLASS
I:
Net
assets
$
65,913,719‌
$
42,687,409‌
Shares
outstanding
6,140,284‌
2,201,808‌
NAV
and
offering
price
per
share
$
10.73‌
$
19.39‌
PREMIER
CLASS:
Net
assets
$
959,097‌
$
20,444,987‌
Shares
outstanding
89,553‌
1,053,949‌
NAV
and
offering
price
per
share
$
10.71‌
$
19.40‌
CLASS
R6:
Net
assets
$
477,886,405‌
$
2,162,535,753‌
Shares
outstanding
44,524,278‌
111,628,933‌
NAV
and
offering
price
per
share
$
10.73‌
$
19.37‌
RETIREMENT
CLASS:
Net
assets
$
115,594,153‌
$
495,576,533‌
Shares
outstanding
10,669,448‌
24,289,432‌
NAV
and
offering
price
per
share
$
10.83‌
$
20.40‌
CLASS
W:
Net
assets
$
2,207,041,351‌
$
–‌
Shares
outstanding
205,660,263‌
–‌
NAV
and
offering
price
per
share
$
10.73‌
$
–‌
Authorized
shares
-
per
class
Unlimited
Unlimited
Par
value
per
share
$
0.0001‌
$
0.0001‌
8
Statement
of
Operations
See
Notes
to
Financial
Statements
Six
Months
Ended
September
30,
2024
(Unaudited)
7.1
Inflation
Linked
Bond
7.2
Real
Estate
Securities
Select
INVESTMENT
INCOME
Affiliated
income
$
–‌
$
258,691‌
Dividends
–‌
44,345,254‌
Interest
70,617,227‌
462,347‌
Securities
lending
income,
net
128‌
–‌
Total
investment
income
70,617,355‌
45,066,292‌
EXPENSES
Management
fees
3,502,781‌
6,738,241‌
12b-1
distribution
and
service
fees
Class
A
145,763‌
396,456‌
12b-1
distribution
and
service
fees
Premier
Class
707‌
16,437‌
Shareholder
servicing
agent
fees
Class
A
34,416‌
62,442‌
Shareholder
servicing
agent
fees
Class
I
37,561‌
26,326‌
Shareholder
servicing
agent
fees
Premier
Class
28‌
172‌
Shareholder
servicing
agent
fees
Class
R6
907‌
6,972‌
Shareholder
servicing
agent
fees
Retirement
Class
146,438‌
586,382‌
Shareholder
servicing
agent
fees
Class
W
655‌
–‌
Administrative
service
fees
41,993‌
37,340‌
Trustees
fees
6,690‌
6,906‌
Custodian
expenses
15,060‌
12,849‌
Overdraft
expense
3,363‌
2,821‌
Professional
fees
30,319‌
30,337‌
Registration
fees
62,663‌
58,482‌
Shareholder
reporting
expenses
36,190‌
127,544‌
Other
20,179‌
19,347‌
Total
expenses
4,085,713‌
8,129,054‌
Expenses
reimbursed
by
the
investment
adviser
(
2,662,110‌
)
–‌
Fee
waiver
by
investment
adviser
and
Nuveen
Securities
(
48,809‌
)
(
45,374‌
)
Net
expenses
1,374,794‌
8,083,680‌
Net
investment
income
(loss)
69,242,561‌
36,982,612‌
REALIZED
AND
UNREALIZED
GAIN
(LOSS)
Realized
gain
(loss):
Investments
(
15,254,664‌
)
23,390,348‌
Futures
contracts
1,758,393‌
–‌
Foreign
currency
transactions
1,293‌
2,810‌
Net
realized
gain
(loss)
(
13,494,978‌
)
23,393,158‌
Change
in
unrealized
appreciation
(depreciation)
on:
Investments
80,214,577‌
322,051,491‌
Futures
contracts
(
142,045‌
)
–‌
Net
change
in
unrealized
appreciation
(depreciation)
80,072,532‌
322,051,491‌
Net
realized
and
unrealized
gain
(loss)
66,577,554‌
345,444,649‌
Net
increase
(decrease)
in
net
assets
from
operations
$
135,820,115‌
$
382,427,261‌
9
Statement
of
Changes
in
Net
Assets
See
Notes
to
Financial
Statements
7.1
Inflation
Linked
Bond
7.2
Real
Estate
Securities
Select
Unaudited
Six
Months
Ended
9/30/24
Year
Ended
3/31/24
Unaudited
Six
Months
Ended
9/30/24
Year
Ended
3/31/24
OPERATIONS
Net
investment
income
(loss)
$
69,242,561‌
$
97,766,788‌
$
36,982,612‌
$
79,850,084‌
Net
realized
gain
(loss)
(
13,494,978‌
)
(
31,464,836‌
)
23,393,158‌
(
85,765,759‌
)
Net
change
in
unrealized
appreciation
(depreciation)
80,072,532‌
(
13,504,058‌
)
322,051,491‌
234,176,714‌
Net
increase
(decrease)
in
net
assets
from
operations
135,820,115‌
52,797,894‌
382,427,261‌
228,261,039‌
DISTRIBUTIONS
TO
SHAREHOLDERS
–‌
–‌
–‌
–‌
Dividends:
Class
A
(
2,612,271‌
)
(
4,320,896‌
)
(
4,775,685‌
)
(
8,852,193‌
)
Class
I
(
1,591,000‌
)
(
2,907,314‌
)
(
670,086‌
)
(
1,978,172‌
)
Premier
Class
(
20,871‌
)
(
66,748‌
)
(
291,100‌
)
(
811,525‌
)
Class
R6
(
10,966,154‌
)
(
21,921,451‌
)
(
32,808,130‌
)
(
57,964,117‌
)
Retirement
Class
(
2,527,759‌
)
(
4,434,311‌
)
(
6,605,348‌
)
(
12,796,393‌
)
Class
W
(
52,012,245‌
)
(
77,573,048‌
)
–‌
–‌
Total
distributions
(
69,730,300‌
)
(
111,223,768‌
)
(
45,150,349‌
)
(
82,402,400‌
)
FUND
SHARE
TRANSACTIONS
Subscriptions
264,307,978‌
635,455,050‌
124,082,070‌
279,574,542‌
Reinvestments
of
distributions
16,841,610‌
31,518,048‌
44,730,029‌
81,589,451‌
Redemptions
(
344,111,410‌
)
(
477,969,028‌
)
(
378,091,840‌
)
(
610,424,661‌
)
Net
increase
(decrease)
from
Fund
share
transactions
(
62,961,822‌
)
189,004,070‌
(
209,279,741‌
)
(
249,260,668‌
)
Net
increase
(decrease)
in
net
assets
3,127,993‌
130,578,196‌
127,997,171‌
(
103,402,029‌
)
Net
assets
at
the
beginning
of
period
2,980,759,675‌
2,850,181,479‌
2,938,751,556‌
3,042,153,585‌
Net
assets
at
the
end
of
period
$
2,983,887,668‌
$
2,980,759,675‌
$
3,066,748,727‌
$
2,938,751,556‌
Financial
Highlights
See
Notes
to
Financial
Statements
10
The
following
data
is
for
a
share outstanding
for
each
fiscal year
end
unless
otherwise
noted:
Investment
Operations
Less
Distributions
Net
Asset
Value,
Beginning
of
Period
Net
Investment
Income
(Loss)
a
Net
Realized/
Unrealized
Gain
(Loss)
Total
From
Net
Investment
Income
From
Net
Realized
Gains
Total
Net
Asset
Value,
End
of
Period
7.1
Inflation
Linked
Bond
Class
A:
9/30/24
#
$
10
.16‌
$
0
.22‌
$
0
.24‌
$
0
.46‌
$
(
0
.23‌
)
$
—‌
$
(
0
.23‌
)
$
10
.39‌
3/31/24
10
.38‌
0
.31‌
(
0
.17‌
)
0
.14‌
(
0
.36‌
)
—‌
(
0
.36‌
)
10
.16‌
3/31/23
11
.51‌
0
.62‌
(
1
.02‌
)
(
0
.40‌
)
(
0
.65‌
)
(
0
.08‌
)
(
0
.73‌
)
10
.38‌
3/31/22
11
.92‌
0
.70‌
(
0
.28‌
)
0
.42‌
(
0
.70‌
)
(
0
.13‌
)
(
0
.83‌
)
11
.51‌
3/31/21
11
.25‌
0
.13‌
0
.67‌
0
.80‌
(
0
.13‌
)
—‌
(
0
.13‌
)
11
.92‌
3/31/20
10
.99‌
0
.23‌
0
.23‌
0
.46‌
(
0
.20‌
)
—‌
(
0
.20‌
)
11
.25‌
Class
I:
9/30/24
#
10
.49‌
0
.24‌
0
.24‌
0
.48‌
(
0
.24‌
)
—‌
(
0
.24‌
)
10
.73‌
3/31/24
10
.71‌
0
.36‌
(
0
.20‌
)
0
.16‌
(
0
.38‌
)
—‌
(
0
.38‌
)
10
.49‌
3/31/23
11
.84‌
0
.69‌
(
1
.07‌
)
(
0
.38‌
)
(
0
.67‌
)
(
0
.08‌
)
(
0
.75‌
)
10
.71‌
3/31/22
12
.24‌
0
.74‌
(
0
.29‌
)
0
.45‌
(
0
.72‌
)
(
0
.13‌
)
(
0
.85‌
)
11
.84‌
3/31/21
11
.55‌
0
.16‌
0
.69‌
0
.85‌
(
0
.16‌
)
—‌
(
0
.16‌
)
12
.24‌
3/31/20
11
.29‌
0
.21‌
0
.28‌
0
.49‌
(
0
.23‌
)
—‌
(
0
.23‌
)
11
.55‌
Premier
Class:
9/30/24
#
10
.47‌
0
.23‌
0
.25‌
0
.48‌
(
0
.24‌
)
—‌
(
0
.24‌
)
10
.71‌
3/31/24
10
.68‌
0
.39‌
(
0
.23‌
)
0
.16‌
(
0
.37‌
)
—‌
(
0
.37‌
)
10
.47‌
3/31/23
11
.82‌
0
.64‌
(
1
.04‌
)
(
0
.40‌
)
(
0
.66‌
)
(
0
.08‌
)
(
0
.74‌
)
10
.68‌
3/31/22
12
.22‌
0
.78‌
(
0
.34‌
)
0
.44‌
(
0
.71‌
)
(
0
.13‌
)
(
0
.84‌
)
11
.82‌
3/31/21
11
.52‌
0
.16‌
0
.69‌
0
.85‌
(
0
.15‌
)
—‌
(
0
.15‌
)
12
.22‌
3/31/20
11
.26‌
0
.28‌
0
.20‌
0
.48‌
(
0
.22‌
)
—‌
(
0
.22‌
)
11
.52‌
Class
R6:
9/30/24
#
10
.49‌
0
.25‌
0
.24‌
0
.49‌
(
0
.25‌
)
—‌
(
0
.25‌
)
10
.73‌
3/31/24
10
.71‌
0
.35‌
(
0
.17‌
)
0
.18‌
(
0
.40‌
)
—‌
(
0
.40‌
)
10
.49‌
3/31/23
11
.84‌
0
.69‌
(
1
.06‌
)
(
0
.37‌
)
(
0
.68‌
)
(
0
.08‌
)
(
0
.76‌
)
10
.71‌
3/31/22
12
.24‌
0
.74‌
(
0
.28‌
)
0
.46‌
(
0
.73‌
)
(
0
.13‌
)
(
0
.86‌
)
11
.84‌
3/31/21
11
.54‌
0
.16‌
0
.71‌
0
.87‌
(
0
.17‌
)
—‌
(
0
.17‌
)
12
.24‌
3/31/20
11
.29‌
0
.29‌
0
.20‌
0
.49‌
(
0
.24‌
)
—‌
(
0
.24‌
)
11
.54‌
Retirement
Class:
9/30/24
#
10
.59‌
0
.23‌
0
.24‌
0
.47‌
(
0
.23‌
)
—‌
(
0
.23‌
)
10
.83‌
3/31/24
10
.79‌
0
.33‌
(
0
.17‌
)
0
.16‌
(
0
.36‌
)
—‌
(
0
.36‌
)
10
.59‌
3/31/23
11
.94‌
0
.65‌
(
1
.06‌
)
(
0
.41‌
)
(
0
.66‌
)
(
0
.08‌
)
(
0
.74‌
)
10
.79‌
3/31/22
12
.34‌
0
.73‌
(
0
.30‌
)
0
.43‌
(
0
.70‌
)
(
0
.13‌
)
(
0
.83‌
)
11
.94‌
3/31/21
11
.63‌
0
.14‌
0
.71‌
0
.85‌
(
0
.14‌
)
—‌
(
0
.14‌
)
12
.34‌
3/31/20
11
.36‌
0
.28‌
0
.19‌
0
.47‌
(
0
.20‌
)
—‌
(
0
.20‌
)
11
.63‌
Class
W:
9/30/24
#
10
.49‌
0
.25‌
0
.25‌
0
.50‌
(
0
.26‌
)
—‌
(
0
.26‌
)
10
.73‌
3/31/24
10
.71‌
0
.37‌
(
0
.16‌
)
0
.21‌
(
0
.43‌
)
—‌
(
0
.43‌
)
10
.49‌
3/31/23
11
.84‌
0
.67‌
(
1
.02‌
)
(
0
.35‌
)
(
0
.70‌
)
(
0
.08‌
)
(
0
.78‌
)
10
.71‌
3/31/22
12
.24‌
0
.78‌
(
0
.29‌
)
0
.49‌
(
0
.76‌
)
(
0
.13‌
)
(
0
.89‌
)
11
.84‌
3/31/21
11
.54‌
0
.21‌
0
.68‌
0
.89‌
(
0
.19‌
)
—‌
(
0
.19‌
)
12
.24‌
3/31/20
11
.29‌
0
.31‌
0
.21‌
0
.52‌
(
0
.27‌
)
—‌
(
0
.27‌
)
11
.54‌
#
Unaudited
a
Based
on
average
shares
outstanding.
b
Total
returns
are
at
NAV
and
do
not
include
any
sales
charge.
Total
returns
are
not
annualized.
c
Percentage
is
annualized.
e
Includes
voluntary
compensation
from
the
Adviser
as
further
described
in
the
Notes
to
Financial
Statements,
when
applicable.
f
Does
not
include
in-kind
transactions.
See
Notes
to
Financial
Statements
11
Ratios
and
Supplemental
Data
Ratios
to
Average
Net
Assets
Total
Return
b
Net
Assets,
End
of
Period
(000)
Gross
Expenses
Net
Expenses
Net
Investment
Income
(Loss)
e
Portfolio
Turnover
Rate
4
.60‌
%
$
116,493‌
0
.56‌
%
c
0
.56‌
%
c
4
.28‌
%
c
17‌
%
1
.40‌
119,139‌
0
.56‌
0
.54‌
3
.05‌
30‌
(
3
.34‌
)
131,097‌
0
.56‌
0
.54‌
5
.77‌
19‌
3
.48‌
157,227‌
0
.57‌
0
.52‌
5
.81‌
21‌
f
7
.12‌
150,264‌
0
.56‌
0
.54‌
1
.13‌
27‌
4
.07‌
149,027‌
0
.57‌
0
.55‌
2
.06‌
26‌
4
.65‌
65,914‌
0
.36‌
c
0
.36‌
c
4
.48‌
c
17‌
1
.60‌
67,636‌
0
.36‌
0
.34‌
3
.39‌
30‌
(
3
.09‌
)
93,832‌
0
.35‌
0
.33‌
6
.27‌
19‌
3
.58‌
159,518‌
0
.35‌
0
.33‌
6
.00‌
21‌
f
7
.43‌
123,505‌
0
.34‌
0
.32‌
1
.31‌
27‌
4
.38‌
141,821‌
0
.34‌
0
.32‌
1
.79‌
26‌
4
.64‌
959‌
0
.41‌
c
0
.41‌
c
4
.44‌
c
17‌
1
.62‌
948‌
0
.41‌
0
.39‌
3
.68‌
30‌
(
3
.22‌
)
2,422‌
0
.40‌
0
.38‌
5
.85‌
19‌
3
.61‌
2,627‌
0
.40‌
0
.38‌
6
.25‌
21‌
f
7
.38‌
8,211‌
0
.40‌
0
.38‌
1
.34‌
27‌
4
.26‌
3,068‌
0
.41‌
0
.39‌
2
.42‌
26‌
4
.71‌
477,886‌
0
.26‌
c
0
.25‌
c
4
.72‌
c
17‌
1
.74‌
565,535‌
0
.26‌
0
.24‌
3
.35‌
30‌
(
3
.01‌
)
603,640‌
0
.25‌
0
.23‌
6
.20‌
19‌
3
.76‌
866,667‌
0
.25‌
0
.23‌
6
.00‌
21‌
f
7
.53‌
1,209,995‌
0
.25‌
0
.23‌
1
.31‌
27‌
4
.36‌
1,692,282‌
0
.26‌
0
.24‌
2
.56‌
26‌
4
.53‌
115,594‌
0
.51‌
c
0
.50‌
c
4
.37‌
c
17‌
1
.58‌
120,533‌
0
.51‌
0
.49‌
3
.14‌
30‌
(
3
.35‌
)
143,144‌
0
.50‌
0
.48‌
5
.83‌
19‌
3
.47‌
172,924‌
0
.50‌
0
.48‌
5
.86‌
21‌
f
7
.29‌
178,970‌
0
.50‌
0
.48‌
1
.17‌
27‌
4
.18‌
188,609‌
0
.51‌
0
.49‌
2
.37‌
26‌
4
.84‌
2,207,041‌
0
.25‌
c
0.00‌
c
4
.81‌
c
17‌
2
.03‌
2,106,969‌
0
.26‌
0.00‌
3
.52‌
30‌
(
2
.84‌
)
1,876,046‌
0
.25‌
0.00‌
6
.14‌
19‌
4
.00‌
1,908,794‌
0
.25‌
0.00‌
6
.31‌
21‌
f
7
.77‌
1,746,530‌
0
.25‌
0.00‌
1
.71‌
27‌
4
.67‌
1,252,667‌
0
.26‌
0.00‌
2
.70‌
26‌
Financial
Highlights
(continued)
See
Notes
to
Financial
Statements
12
Financial
Highlights
(continued)
The
following
data
is
for
a
share
outstanding
for
each
fiscal
year
end
unless
otherwise
noted:
Investment
Operations
Less
Distributions
Net
Asset
Value,
Beginning
of
Period
Net
Investment
Income
(Loss)
a
Net
Realized/
Unrealized
Gain
(Loss)
Total
From
Net
Investment
Income
From
Net
Realized
Gains
Total
Net
Asset
Value,
End
of
Period
7.2
Real
Estate
Securities
Select
Class
A:
9/30/24
#
$
17
.09‌
$
0
.21‌
$
2
.15‌
$
2
.36‌
$
(
0
.26‌
)
$
—‌
$
(
0
.26‌
)
$
19
.19‌
3/31/24
16
.25‌
0
.41‌
0
.87‌
1
.28‌
(
0
.44‌
)
—‌
(
0
.44‌
)
17
.09‌
3/31/23
22
.14‌
0
.41‌
(
5
.44‌
)
(
5
.03‌
)
(
0
.38‌
)
(
0
.48‌
)
(
0
.86‌
)
16
.25‌
3/31/22
18
.82‌
0
.23‌
3
.75‌
3
.98‌
(
0
.26‌
)
(
0
.40‌
)
(
0
.66‌
)
22
.14‌
3/31/21
14
.09‌
0
.25‌
4
.73‌
4
.98‌
(
0
.25‌
)
—‌
(
0
.25‌
)
18
.82‌
3/31/20
16
.74‌
0
.29‌
(
1
.86‌
)
(
1
.57‌
)
(
0
.28‌
)
(
0
.80‌
)
(
1
.08‌
)
14
.09‌
Class
I:
9/30/24
#
17
.26‌
0
.22‌
2
.19‌
2
.41‌
(
0
.28‌
)
—‌
(
0
.28‌
)
19
.39‌
3/31/24
16
.41‌
0
.44‌
0
.88‌
1
.32‌
(
0
.47‌
)
—‌
(
0
.47‌
)
17
.26‌
3/31/23
22
.35‌
0
.44‌
(
5
.49‌
)
(
5
.05‌
)
(
0
.41‌
)
(
0
.48‌
)
(
0
.89‌
)
16
.41‌
3/31/22
18
.99‌
0
.26‌
3
.79‌
4
.05‌
(
0
.29‌
)
(
0
.40‌
)
(
0
.69‌
)
22
.35‌
3/31/21
14
.22‌
0
.26‌
4
.79‌
5
.05‌
(
0
.28‌
)
—‌
(
0
.28‌
)
18
.99‌
3/31/20
16
.89‌
0
.32‌
(
1
.88‌
)
(
1
.56‌
)
(
0
.31‌
)
(
0
.80‌
)
(
1
.11‌
)
14
.22‌
Premier
Class:
9/30/24
#
17
.27‌
0
.20‌
2
.20‌
2
.40‌
(
0
.27‌
)
—‌
(
0
.27‌
)
19
.40‌
3/31/24
16
.42‌
0
.44‌
0
.87‌
1
.31‌
(
0
.46‌
)
—‌
(
0
.46‌
)
17
.27‌
3/31/23
22
.36‌
0
.44‌
(
5
.50‌
)
(
5
.06‌
)
(
0
.40‌
)
(
0
.48‌
)
(
0
.88‌
)
16
.42‌
3/31/22
19
.00‌
0
.28‌
3
.76‌
4
.04‌
(
0
.28‌
)
(
0
.40‌
)
(
0
.68‌
)
22
.36‌
3/31/21
14
.22‌
0
.27‌
4
.79‌
5
.06‌
(
0
.28‌
)
—‌
(
0
.28‌
)
19
.00‌
3/31/20
16
.89‌
0
.32‌
(
1
.88‌
)
(
1
.56‌
)
(
0
.31‌
)
(
0
.80‌
)
(
1
.11‌
)
14
.22‌
Class
R6:
9/30/24
#
17
.25‌
0
.23‌
2
.18‌
2
.41‌
(
0
.29‌
)
—‌
(
0
.29‌
)
19
.37‌
3/31/24
16
.40‌
0
.47‌
0
.87‌
1
.34‌
(
0
.49‌
)
—‌
(
0
.49‌
)
17
.25‌
3/31/23
22
.34‌
0
.46‌
(
5
.49‌
)
(
5
.03‌
)
(
0
.43‌
)
(
0
.48‌
)
(
0
.91‌
)
16
.40‌
3/31/22
18
.98‌
0
.30‌
3
.77‌
4
.07‌
(
0
.31‌
)
(
0
.40‌
)
(
0
.71‌
)
22
.34‌
3/31/21
14
.21‌
0
.30‌
4
.77‌
5
.07‌
(
0
.30‌
)
—‌
(
0
.30‌
)
18
.98‌
3/31/20
16
.88‌
0
.35‌
(
1
.89‌
)
(
1
.54‌
)
(
0
.33‌
)
(
0
.80‌
)
(
1
.13‌
)
14
.21‌
Retirement
Class:
9/30/24
#
18
.15‌
0
.22‌
2
.29‌
2
.51‌
(
0
.26‌
)
—‌
(
0
.26‌
)
20
.40‌
3/31/24
17
.23‌
0
.45‌
0
.92‌
1
.37‌
(
0
.45‌
)
—‌
(
0
.45‌
)
18
.15‌
3/31/23
23
.41‌
0
.44‌
(
5
.76‌
)
(
5
.32‌
)
(
0
.38‌
)
(
0
.48‌
)
(
0
.86‌
)
17
.23‌
3/31/22
19
.86‌
0
.25‌
3
.95‌
4
.20‌
(
0
.25‌
)
(
0
.40‌
)
(
0
.65‌
)
23
.41‌
3/31/21
14
.86‌
0
.27‌
4
.99‌
5
.26‌
(
0
.26‌
)
—‌
(
0
.26‌
)
19
.86‌
3/31/20
17
.60‌
0
.32‌
(
1
.97‌
)
(
1
.65‌
)
(
0
.29‌
)
(
0
.80‌
)
(
1
.09‌
)
14
.86‌
#
Unaudited
a
Based
on
average
shares
outstanding.
b
Total
returns
are
at
NAV
and
do
not
include
any
sales
charge.
Total
returns
are
not
annualized.
c
Percentage
is
annualized.
e
Includes
voluntary
compensation
from
the
Adviser
as
further
described
in
the
Notes
to
Financial
Statements,
when
applicable.
f
Does
not
include
in-kind
transactions.
See
Notes
to
Financial
Statements
13
Ratios
and
Supplemental
Data
Ratios
to
Average
Net
Assets
Total
Return
b
Net
Assets,
End
of
Period
(000)
Gross
Expenses
Net
Expenses
Net
Investment
Income
(Loss)
e
Portfolio
Turnover
Rate
13
.97‌
%
$
345,504‌
0
.78‌
%
c
0
.78‌
%
c
2
.38‌
%
c
11‌
%
8
.07‌
326,548‌
0
.79‌
0
.77‌
2
.54‌
7‌
(
22
.73‌
)
369,354‌
0
.77‌
0
.73‌
2
.28‌
25‌
21
.13‌
532,018‌
0
.75‌
0
.72‌
1
.09‌
25‌
f
35
.57‌
367,908‌
0
.79‌
0
.76‌
1
.48‌
45‌
(
10
.41‌
)
263,960‌
0
.79‌
0
.79‌
1
.66‌
39‌
14
.10‌
42,687‌
0
.61‌
c
0
.61‌
c
2
.50‌
c
11‌
8
.23‌
50,394‌
0
.61‌
0
.58‌
2
.69‌
7‌
(
22
.60‌
)
107,731‌
0
.60‌
0
.57‌
2
.45‌
25‌
21
.32‌
153,657‌
0
.59‌
0
.59‌
1
.19‌
25‌
f
35
.76‌
71,403‌
0
.62‌
0
.59‌
1
.55‌
45‌
(
10
.27‌
)
21,689‌
0
.62‌
0
.62‌
1
.79‌
39‌
14
.06‌
20,445‌
0
.64‌
c
0
.64‌
c
2
.29‌
c
11‌
8
.20‌
26,551‌
0
.65‌
0
.62‌
2
.66‌
7‌
(
22
.62‌
)
34,765‌
0
.63‌
0
.60‌
2
.42‌
25‌
21
.25‌
45,328‌
0
.62‌
0
.62‌
1
.27‌
25‌
f
35
.78‌
48,255‌
0
.64‌
0
.62‌
1
.62‌
45‌
(
10
.31‌
)
44,026‌
0
.65‌
0
.65‌
1
.80‌
39‌
14
.12‌
2,162,536‌
0
.49‌
c
0
.49‌
c
2
.67‌
c
11‌
8
.38‌
2,043,858‌
0
.50‌
0
.48‌
2
.84‌
7‌
(
22
.52‌
)
2,026,404‌
0
.48‌
0
.45‌
2
.55‌
25‌
21
.46‌
2,935,178‌
0
.47‌
0
.47‌
1
.37‌
25‌
f
35
.94‌
2,272,604‌
0
.49‌
0
.47‌
1
.77‌
45‌
(
10
.16‌
)
1,430,143‌
0
.50‌
0
.50‌
1
.95‌
39‌
13
.99‌
495,577‌
0
.74‌
c
0
.74‌
c
2
.40‌
c
11‌
8
.10‌
491,401‌
0
.75‌
0
.72‌
2
.60‌
7‌
(
22
.72‌
)
503,900‌
0
.73‌
0
.70‌
2
.31‌
25‌
21
.17‌
675,116‌
0
.72‌
0
.72‌
1
.11‌
25‌
f
35
.58‌
533,102‌
0
.74‌
0
.72‌
1
.52‌
45‌
(
10
.39‌
)
398,674‌
0
.75‌
0
.75‌
1
.70‌
39‌
14
Notes
to
Financial
Statements
(Unaudited)
1.
General
Information
Trust
and
Fund
Information:
TIAA-CREF
Funds
(the
“Trust”)
is
an
open-end
management
investment
company
registered
under
the
Investment
Company
Act
of
1940,
(“1940
Act”),
as
amended.
The
Trust
is
comprised
of
the
following
(collectively
the
“Funds”
or
individually,
the
“Fund”),
among
others:
Fund
Name
Changes:
Effective
May
1,
2024,
each
Fund's
name
changed
as
noted
above
and
therefore
all
references
to
the
name
of
the
Funds
in
this
report
have
been
updated.
Current
Fiscal
Period:
 The
end
of
the
reporting
period
for
the Funds
is
September
30,
2024,
and
the
period
covered
by
these
Notes
to
Financial
Statements
is
the
six
months
ended
September
30,
2024
(the
"current
fiscal
period").
Investment
Advisor:
Teachers
Advisors,
LLC
(the
“Adviser”),
a
wholly
owned
indirect
subsidiary
of
Teachers
Insurance
and
Annuity
Association
of
America
(“TIAA”),
is
registered
with
the
SEC
as
an
investment
adviser
and
provides
investment
management
services
for
the
Funds.
Share
Classes
and
Sales
Charges:
The
Funds
offer
up
to
six
share
classes,
although
any
one
Fund
may
not
necessarily
offer
all
six
classes.
The
Funds
may
offer
Class
A,
Class
I,
Premiere
Class,
Class
R6,
Retirement
Class
and
Class
W
shares.
Each
class
differs
by
the
allocation
of
class-specific
expenses
and
voting
rights
in
matters
affecting
a
single
class.
The
Funds
offer
their
shares,
through
their
principal
underwriter,
Nuveen
Securities,
LLC
(“Nuveen
Securities”),
which
is
a
wholly
owned
indirect
subsidiary
of
TIAA.
Effective
May
6,
2024,
a
sales
charge
is
imposed
on
purchases
of
Class
A
shares
(formerly
Retail
Class
shares)
of
the
Funds
of
less
than
certain
amounts,
as
set
forth
in
each
Fund’s
prospectus.
Shareholders
with
an
account
held
directly
with
a
Fund
that
held
Class
A
shares
of
the
Funds
prior
to
May
6,
2024
will
not
be
subject
to
the
sales
charge
on
any
future
purchases
or
redemptions
of
Class
A
shares
of
that
Fund
or
any
other
fund
that
is
a
series
of
the
TIAA-CREF
Funds
or
is
a
Nuveen
Fund
in
their
account.
Such
shareholders
will
be
able
to
purchase
Class
A
shares
at
NAV.
Class
A
Shares
purchases
of
$250,000
or
more
with
respect
to
Inflation
Linked
Bond
Fund
and
$1,000,000
or
more
for
Real
Estate
Securities
Select
Fund
are
sold
at
NAV
without
an
up-front
sales
charge
buy
may
be
subject
to
a
contingent
deferred
sales
charge
(“CDSC”)
of
1%
if
redeemed
within
eighteen
months
of
purchase.
Class
I,
Premier
Class,
Class
R6,
Retirement
Class
and
Class
W
shares
are
sold
without
an
up-front
sales
charge.
Share
Class
Name
Changes:
Effective
May
6,
2024,
the
names
of
certain
share
classes
for
the
Funds
changed
and
therefore
all
references
to
the
names
of
these
share
classes
in
this
report
have
changed
as
follows:
Change
in
Fiscal
and
Tax
Year
Ends:
On
February
28,
2024,
each
Fund’s
Board
of
Trustees
(the
"Board")
approved
that
each
Fund’s
fiscal
and
tax
year
ends
(collectively,
“fiscal
year
end”)
be
changed
from
March
31
to
December
31,
which
became
effective
April
1,
2024.
The
Funds
continued
to
follow
its
current
regulatory
reporting
schedule
and
prepared
a
semi-annual
report
as
of
September
30,
2024,
which
will
then
be
followed
by
an
annual
report
for
the
9-month
period
ended
December
31,
2024.
2.
Significant
Accounting
Policies
The
accompanying
financial
statements
were
prepared
in
accordance
with
accounting
principles
generally
accepted
in
the
United
States
of
America
(“U.S.
GAAP”),
which
may
require
the
use
of
estimates
made
by
management
and
the
evaluation
of
subsequent
events.
Actual
results
may
differ
from
those
estimates.
The Funds
are
investment
companies
and
follow
the
accounting
guidance
in
the
Financial
Accounting
Standards
Board
(“FASB”)
Accounting
Standards
Codification
946,
Financial
Services
Investment
Companies
. The net
asset
value (“NAV”)
for
financial
reporting
purposes
may
differ
from
the NAV
for
processing
transactions.
The NAV
for
financial
reporting
purposes
includes
security
and shareholder
transactions
through
the
date
of
the
report.
Total
return
is
computed
based
on
the NAV
used
for
processing
transactions.
The
following
is
a
summary
of
the
significant
accounting
policies
consistently
followed
by
the
Funds.
New
Name
Former
Name
Short
Name
Nuveen
Inflation
Linked
Bond
Fund
TIAA-CREF
Inflation-Linked
Bond
Fund
Inflation
Linked
Bond
Nuveen
Real
Estate
Securities
Select
Fund
TIAA-CREF
Real
Estate
Securities
Fund
Real
Estate
Securities
Select
1
1
1
New
Name
Former
Name
Class
A
Retail
Class
Class
I
Advisor
Class
Class
R6
Institutional
Class
15
Compensation:
The
Funds pay
the
members
of
the
Board
all
of
whom
are
independent,
certain
remuneration
for
their
services,
plus
travel
and
other
expenses.
The
Board
has
adopted
a
deferred
compensation
plan
for
independent
trustees
that
enables
trustees
to
elect
to
defer
receipt
of
all
or
a
portion
of
the
annual
compensation
they
are
entitled
to
receive
from
certain
Nuveen-advised
funds.
Under
the
plan,
deferred
amounts
are
treated
as
though
equal
dollar
amounts
had
been
invested
in
shares
of
select
Nuveen-advised
funds. Amounts
deferred
are
retained
by
the
Funds
until
paid.
Amounts
payable
to
the
trustees
for
compensation
are
included
separately
in the
accompanying
Statement
of
Assets
and
Liabilities.
Trustees’
fees,
including
any
deferred
compensation
incurred,
are
reflected
in
the
Statement
of
Operations.
Distributions
to
Shareholders:
Distributions
to
shareholders
are
recorded
on
the
ex-dividend
date.
The
amount,
character
and
timing
of
distributions
are
determined
in
accordance
with
federal
income
tax
regulations,
which
may
differ
from
U.S.
GAAP.
Foreign
Currency
Transactions
and
Translation:
The
books
and
records
of
the
Funds
are
maintained
in
U.S.
dollars.
Assets,
including
investments,
and
liabilities
denominated
in
foreign
currencies
are
translated
into
U.S.
dollars
at
the
end
of
each
day.
Purchases
and
sales
of
securities,
income,
and
expenses
are
translated
into
U.S.
dollars
at
the
prevailing
exchange
rate
on
the
respective
dates
of
the
transactions.
Net
realized
foreign
currency
gains
and
losses
resulting
from
changes
in
exchange
rates
associated
with
(i)
foreign
currency,
(ii)
investments
and
(iii)
derivatives
include
foreign
currency
gains
and
losses
between
trade
date
and
settlement
date
of
the
transactions,
foreign
currency
transactions,
and
the
difference
between
the
amounts
of
interest
and
dividends
recorded
on
the
books
of
the
Funds
and
the
amounts
actually
received
and
are
recognized
as
a
component
of
“Net
realized
gain
(loss)
from
foreign
currency
transactions”
on
the
Statement
of
Operations,
when
applicable. 
The
unrealized
gains
and
losses
resulting
from
changes
in
foreign
currency
exchange
rates
and
changes
in
foreign
exchange
rates
associated
with
(i)
investments
and
(ii)
other
assets
and
liabilities
are
recognized
as
a
component
of
“Change
in
unrealized
appreciation
(depreciation)
of
foreign
currency
translations”
on
the
Statement
of
Operations,
when
applicable.
The
unrealized
gains
and
losses
resulting
from
changes
in
foreign
exchange
rates
associated
with
investments
in
derivatives
are
recognized
as
a
component
of
the
respective
derivative’s
related “Change
in
unrealized
appreciation
(depreciation)”
on
the
Statement
of
Operations,
when
applicable. 
Foreign
Taxes:
The Funds
may
be
subject
to
foreign
taxes
on
income,
gains
on
investments
or
currency
repatriation,
a
portion
of
which
may
be
recoverable.
The Funds
will
accrue
such
taxes
and
recoveries
as
applicable,
based
upon
the
current
interpretation
of
tax
rules
and
regulations
that
exist
in
the
markets
in
which
the Funds
invest.
Indemnification:
 Under
the
Trust's
organizational
documents,
its
officers
and
trustees
are
indemnified
against
certain
liabilities
arising
out
of
the
performance
of
their
duties
to
the
Trust.
In
addition,
in
the
normal
course
of
business,
the
Trust
enters
into
contracts
that
provide
general
indemnifications
to
other
parties.
The
Trust's
maximum
exposure
under
these
arrangements
is
unknown
as
this
would
involve
future
claims
that
may
be
made
against
the
Trust
that
have
not
yet
occurred.
However,
the
Trust
has
not
had
prior
claims
or
losses
pursuant
to
these
contracts
and
expects
the
risk
of
loss
to
be
remote.
Investments
and
Investment
Income:
Securities
transactions
are
accounted
for
as
of
the
trade
date
for
financial
reporting
purposes.
Interest
income
is
recorded
on
an
accrual
basis
and
includes
accretion
of
discounts
and
amortization
of
premiums.
Dividend
income
is
recorded
on
the
ex-dividend
date.
Foreign
dividend
income
is
recorded
on
the
ex-dividend
date
or
as
soon
as
possible
after
the Funds
determine
the
existence
of
a
dividend
declaration.
Securities
lending
income
is
comprised
of
fees
earned
from
borrowers
and
income
earned on
cash
collateral
investments. Realized
gains
and
losses
on
securities
transactions
are
based
upon
the
specific
identification
method.
Distributions
received
on
securities
that
represent
a
return
of
capital
or
capital
gains
are
recorded
as
a
reduction
of
cost
of
investments
and/or
as
a
realized
gain.
The
Funds estimate
the
components
of
distributions
received
that
may
be
considered
return
of
capital
distributions
or
capital
gain
distributions.
Multiclass
Operations
and
Allocations:
Income, expenses,
realized
gains
and
losses
and
unrealized
appreciation
and
depreciation
of
a
Fund
are
allocated
on
a
pro
rata
basis
to
each
class
of
shares,
except
for
service
agreement
fees,
distribution
fees
and
transfer
agency
fees
and
expenses, which
are
unique
to
each
class
of
shares.
Most
expenses
of
the
Trust
can
be
directly
attributed
to
a
Fund.
Expenses
that
cannot
be
directly
attributed
are
allocated
to
each
Fund
in
the
Trust
based
upon
the
average
net
assets
of
each
Fund.
Netting
Agreements:
In
the
ordinary
course
of
business,
the Funds
may
enter
into
transactions
subject
to
enforceable
master
repurchase
agreements,
International
Swaps
and
Derivatives
Association,
Inc.
(ISDA)
master
agreements
or
other
similar
arrangements
(“netting
agreements”).
Generally,
the
right
to
offset
in
netting
agreements
allows
each Fund
to
offset
certain
securities
and
derivatives
with
a
specific
counterparty,
when
applicable,
as
well
as
any
collateral
received
or
delivered
to
that
counterparty
based
on
the
terms
of
the
agreements.
Generally,
each Fund
manages
its
cash
collateral
and
securities
collateral
on
a
counterparty
basis.
With
respect
to
certain
counterparties,
in
accordance
with
the
terms
of
the
netting
agreements,
collateral
posted
to
the Funds
is
held
in
a
segregated
account
by
the Funds'
custodian
and/or
with
respect
to
those
amounts
which
can
be
sold
or
repledged,
are
presented
in
the Funds'
Portfolio
of
Investments
or
Statement
of
Assets
and
Liabilities.
Notes
to
Financial
Statements
(continued)
16
The Funds'
investments
subject
to
netting
agreements
as
of
the
end
of
the
reporting
period,
if
any,
are
further
described
later
in
these
Notes
to
Financial
Statements.
3.
Investment
Valuation
and
Fair
Value
Measurements
The Funds'
investments
in
securities
are
recorded
at
their
estimated
fair
value
utilizing
valuation
methods
approved
by
the
Adviser,
subject
to
oversight
of
the
Board.
Fair
value
is
defined
as
the
price
that
would
be
received
upon
selling
an
investment
or
transferring
a
liability
in
an
orderly
transaction
to
an
independent
buyer
in
the
principal
or
most
advantageous
market
for
the
investment.
U.S.
GAAP
establishes
the
three-tier
hierarchy
that
is
used
to
maximize
the
use
of
observable
market
data
and
minimize
the
use
of
unobservable
inputs
and
to
establish
classification
of
fair
value
measurements
for
disclosure
purposes.
Observable
inputs
reflect
the
assumptions
market
participants
would
use
in
pricing
the
asset
or
liability.
Observable
inputs
are
based
on
market
data
obtained
from
sources
independent
of
the
reporting
entity.
Unobservable
inputs
reflect
management’s
assumptions
about
the
assumptions
market
participants
would
use
in
pricing
the
asset
or
liability.
Unobservable
inputs
are
based
on
the
best
information
available
in
the
circumstances.
The
following
is
a
summary
of
the
three-tiered
hierarchy
of
valuation
input
levels.
Level 1
Inputs
are
unadjusted
and
prices
are
determined
using
quoted
prices
in
active
markets
for
identical
securities.
Level
2
Prices
are
determined
using
other
significant
observable
inputs
(including
quoted
prices
for
similar
securities,
interest
rates,
credit
spreads,
etc.).
Level
3
Prices
are
determined
using
significant
unobservable
inputs
(including
management’s
assumptions
in
determining
the
fair
value
of
investments).
A
description
of
the
valuation
techniques
applied
to
the Funds'
major
classifications
of
assets
and
liabilities
measured
at
fair
value
follows:
Prices
of
fixed-income
securities
are
provided
by
pricing
services
approved
by
the
Adviser,
which
is
subject
to
review
by
the
Adviser and
oversight
of
the Board.
Pricing
services establish
a
security’s
fair
value
using
methods
that
may
include consideration
of
the
following:
yields
or
prices
of
investments
of
comparable
quality,
type
of
issue,
coupon,
maturity
and
rating,
market
quotes
or
indications
of
value
from
security
dealers,
evaluations
of
anticipated
cash
flows
or
collateral,
general
market
conditions
and
other
information
and
analysis,
including
the
obligor’s
credit
characteristics
considered
relevant.
In
pricing
certain
securities,
particularly
less
liquid
and
lower
quality
securities,
pricing
services
may
consider
information
about
a
security,
its
issuer
or
market
activity
provided
by
the
Adviser.
These
securities
are
generally
classified
as
Level
2.
Equity
securities
and
exchange-traded
funds
listed
or
traded
on
a
national
market
or
exchange
are
valued
based
on
their
last
reported
sales
price
or
official
closing
price
of
such
market
or
exchange
on
the
valuation
date.
Foreign
equity
securities
and
registered
investment
companies
that
trade
on
a
foreign
exchange
are
valued
at
the
last
reported
sales
price
or
official
closing
price
on
the
principal
exchange
where
traded,
and
converted
to
U.S.
dollars
at
the
prevailing
rates
of
exchange
on
the
valuation
date.
For
events
affecting
the
value
of
foreign
securities
between
the
time
when
the
exchange
on
which
they
are
traded
closes
and
the
time
when
the Funds'
net
assets
are
calculated,
such
securities
will
be
valued
at
fair
value
in
accordance
with
procedures
adopted
by
the
Adviser,
subject
to
the
oversight
of
the
Board.
To
the
extent
these
securities
are
actively
traded
and
no
valuation
adjustments
are
applied,
they
are
generally
classified
as
Level
1.
When
valuation
adjustments
are
applied
to
the
most
recent
last
sales
price
or
official
closing
price,
these
securities
are
generally
classified
as
Level
2. 
Repurchase
agreements
are
valued
at
contract
amount
plus
accrued
interest,
which
approximates
market
value.
These
securities
are
generally
classified
as
Level
2.
Futures
contracts
are
valued
using
the
closing
settlement
price
or,
in
the
absence
of
such
a
price,
the
last
traded
price and
are
generally
classified
as
Level
1.
For
any
portfolio
security
or
derivative
for
which
market
quotations
are
not
readily
available
or
for
which
the
Adviser
deems
the
valuations
derived
using
the
valuation
procedures
described
above
not
to
reflect
fair
value,
the
Adviser
will
determine
a
fair
value
in
good
faith
using
alternative
procedures
approved
by
the
Adviser,
subject
to
the
oversight
of
the
Board.
As
a
general
principle,
the
fair
value
of
a
security
is
the
amount
that
the
owner
might
reasonably
expect
to
receive
for
it
in
a
current
sale.
A
variety
of
factors
may
be
considered
in
determining
the
fair
value
of
such
securities,
which
may
include
consideration
of
the
following:
yields
or
prices
of
investments
of
comparable
quality,
type
of
issue,
coupon,
maturity
and
rating,
market
quotes
or
indications
of
value
from
security
dealers,
evaluations
of
anticipated
cash
flows
or
collateral,
general
market
conditions
and
other
information
and
analysis,
including
the
obligor’s
credit
characteristics
considered
relevant.
To
the
extent
the
inputs
are
observable
and
timely,
the
values
would
be
classified
as Level
2;
otherwise
they
would
be
classified
as
Level
3. 
The
following
table
summarizes
the
market
value
of
the Funds’
investments
as
of
the
end
of
the
current
fiscal
period, based
on
the
inputs
used
to
value
them:
17
4.
Portfolio
Securities
Repurchase
Agreements:
In
connection
with
transactions
in
repurchase
agreements,
it
is
the Fund’s policy
that
its
custodian
take
possession
of
the
underlying
collateral
securities,
the
fair
value
of
which
exceeds
the
principal
amount
of
the
repurchase
transaction,
including
accrued
interest,
at
all
times.
If
the
counterparty
defaults,
and
the
fair
value
of
the
collateral
declines,
realization
of
the
collateral
may
be
delayed
or
limited.
The
following
table
presents
the
repurchase
agreements
for
the Funds
that
are
subject
to
netting
agreements
as
of
the
end
of
the
reporting
period,
and
the
collateral
delivered
related
to
those
repurchase
agreements:
Treasury
Inflation
Protected
Securities:
Inflation
Linked
Bond
may
invest
in
Treasury
Inflation-Protected
Securities,
specially
structured
bonds
in
which
the
principal
amount
is
adjusted
periodically
to
keep
pace
with
inflation,
as
measured
by
the
U.S.
Consumer
Price
Index.
The
adjustments
for
interest
income
due
to
inflation
or
deflation
are
reflected
in
interest
income
in
the
Statement
of
Operations.
Zero
Coupon
Securities:
A
zero
coupon
security
does
not
pay
a
regular
interest
coupon
to
its
holders
during
the
life
of
the
security.
Income
to
the
holder
of
the
security
comes
from
accretion
of
the
difference
between
the
original
purchase
price
of
the
security
at
issuance
and
the
par
value
of
the
security
at
maturity
and
is
effectively
paid
at
maturity.
The
market
prices
of
zero
coupon
securities
generally
are
more
volatile
than
the
market
prices
of
securities
that
pay
interest
periodically.
Purchases
and
Sales:
 Long-term
purchases
and
sales
during
the
current
fiscal
period were
as
follows:
The Funds
may
purchase
securities
on
a
when-issued
or
delayed-delivery
basis.
Securities
purchased
on
a
when-issued
or
delayed-
delivery
basis
may
have
extended
settlement
periods;
interest
income
is
not
accrued
until
settlement
date.
Any
securities
so
purchased
are
subject
to
market
fluctuation
during
this
period.
If
the
Funds have
outstanding when-issued/delayed-delivery
purchases
commitments
as
of
the
end
of
the
reporting
period,
such
amounts
are
recognized
on
the
Statement
of
Assets
and
Liabilities.
5.
Derivative
Investments
Each Fund is
authorized
to
invest
in
certain
derivative
instruments.
As
defined
by
U.S.
GAAP,
a
derivative is
a
financial
instrument
whose
value
is
derived
from
an
underlying
security
price,
foreign
exchange
rate,
interest
rate,
index
of
prices
or
rates,
or
other
variables.
Investments
in
derivatives
as
of
the
end
of
and/or
during
the
current
fiscal
period,
if
any,
are
included
within
the
Statement
of
Assets
and
Liabilities
and
the
Statement
of
Operations,
respectively.
Fund
Level
1
Level
2
Level
3
Total
Inflation
Linked
Bond
Long-Term
Investments
:
Corporate
bonds
$—
$7,551,583
$—
$7,551,583
Government
bonds
2,921,500,981
2,921,500,981
Short-Term
Investments
:
Government
agency
debt
37,197,195
37,197,195
Repurchase
agreement
95,000
95,000
Investments
in
Derivatives
:
Futures
contracts*
62,295
62,295
Total
$62,295
$2,966,344,759
$—
$2,966,407,054
1
1
1
1
1
Real
Estate
Securities
Select
Long-Term
Investments
:
Common
stocks
$3,048,319,320
$—
$—
$3,048,319,320
Short-Term
Investments
:
Treasury
debt
11,166,000
11,166,000
Total
$3,048,319,320
$11,166,000
$—
$3,059,485,320
1
1
1
1
1
*
Represents
net
unrealized
appreciation
(depreciation).
Fund
Counterparty
Short-term
Investments,
at
Value
Collateral
Pledged
(From)
Counterparty
Inflation
Linked
Bond
Fixed
Income
Clearing
Corporation
$
95,000
$
(97,012)
Fund
Non-U.S.
Government
Purchases
U.S.
Government
Purchases
Non-U.S.
Government
Sales
U.S.
Government
Sales
7.1
Inflation
Linked
Bond
$
$
496,660,954
$
360,000
$
623,121,532
7.2
Real
Estate
Securities
Select
307,874,194
507,107,964
Notes
to
Financial
Statements
(continued)
18
Futures
Contracts:
 Certain
Funds
are
subject
to
interest
rate
and
foreign
exchange
risk
in
the
normal
course
of
pursuing
their
investment
objectives.
The Funds
use
futures
contracts
to
manage
exposure
to
the
bond
and
foreign
exchange
markets
and
to
fluctuations
in
interest
and
foreign
exchange
rates and
for
cash
management
purposes
to
remain
highly
invested
in
these
markets
while
minimizing
transaction
costs.
A
futures
contract
is
an
agreement
between
two
parties
to
buy
and
sell
a
financial
instrument
for
a
set
price
on
a
future
date.
Upon
execution
of
a
futures
contract,
the
Fund
is
obligated
to
deposit
cash
or
eligible
securities,
also
known
as
“initial
margin,”
into
an
account
at
its
clearing
broker
equal
to
a
specified
percentage
of
the
contract
amount.
Securities
deposited
for
initial
margin,
if
any,
are
identified
in
the
Portfolio
of
Investments
and
cash
deposited
for
initial
margin,
if
any,
is
reflected
on
the
Statement
of
Assets
and
Liabilities.
During
the
period
the
futures
contract
is
open,
changes
in
the
market
value
of
the
contract
are
recognized
as
an
unrealized
gain
or
loss
by
“marking-to-market”
on
a
daily
basis.
The
Fund
and
the
clearing
broker
are
obligated
to
settle
monies
on
a
daily
basis
representing
the
changes
in
the
value
of
the
contracts.
These
daily
cash
settlements
are
known
as
“variation
margin”
which are
recognized
on
the
Statement
of
Assets
and
Liabilities
as
a
receivable
or
payable
for
variation
margin
on
futures
contracts.
When
the
contract
is
closed
or
expired,
the
Fund
records
a
realized
gain
or
loss
equal
to
the
difference
between
the
value
of
the
contract
on
the
closing
date
and
value
of
the
contract
when
originally
entered
into.
The
net
realized
gain
or
loss
and
the
change
in
unrealized
appreciation
(depreciation)
on
futures
contracts
held
during
the
period
is
included
on
the
Statement
of
Operations.
Risks
of
investments
in
futures
contracts
include
the
possible
adverse
movement
in
the
price
of
the
securities
or
indices
underlying
the
contracts,
the
possibility
that
there
may
not
be
a
liquid
secondary
market
for
the
contracts
and/or
that
a
change
in
the
value
of the
contract
may
not
correlate
with
a
change
in
the
value
of
the
underlying
securities
or
indices.
The
average
notional
amount
of
futures
contracts
outstanding
during
the
current
fiscal
period
was
as
follows:
As
of
the
end
of
the
reporting
period,
the
following
Fund
has
invested
in
derivative
contracts
which
are
reflected
in
the
Statement
of
Assets
and
Liabilities
as
follows:
During
the
current
fiscal
period,
the
effect
of
derivative
contracts
on
the Funds'
Statement
of
Operations
was
as
follows:
Fund
Average
Notional
Amount
of
Futures
Contracts
Outstanding*
7.1
Inflation
Linked
Bond
$
56,287,885
*
The
average
notional
amount
is
calculated
based
on
the
absolute
aggregate
notional
amount
of
contracts
outstanding
at
the
beginning
of
the
current
fiscal
period
and
at
the
end
of
each
fiscal
quarter
within
the
current
fiscal
period.
Asset
Derivatives
Liability
Derivatives
Derivative
Instrument
Risk
Exposure
Location
Value
Location
Value
Inflation
Linked
Bond
Futures
contracts
Interest
rate
Unrealized
appreciation
on
futures
contracts
*
$
62,295
-
$
1
1
1
1
1
1
1
1
*
Value
represents
the
cumulative
unrealized
appreciation
(depreciation)
of
cleared
derivative
contracts
as
reported
in
the
Fund's
Portfolio
of
Investments.
The
Statement
of
Assets
and
Liabilities
only
reflects
the
current
day
variation
margin
receivable/payable
from/to
brokers
on
open
cleared
derivative
contracts.
Derivative
Instrument
Risk
Exposure
Net
Realized
Gain
(Loss)
Change
in
Unrealized
Appreciation
(Depreciation)
7.1
Inflation
Linked
Bond
Futures
contracts
Interest
rate
$
1,758,393
$
(142,045)
19
6.
Fund
Shares
Transactions
in
Fund
shares
during
the
current
and
prior
fiscal
period
were
as
follows:
7.
Income
Tax
Information
Each
Fund
is
a
separate
taxpayer
for
federal
income
tax
purposes.
Each
Fund
intends
to
distribute
substantially
all
of
its
net
investment
income
and
net
capital
gains
to
shareholders
and
otherwise
comply
with
the
requirements
of
Subchapter
M
of
the
Internal
Revenue
Code
applicable
to
regulated
investment
companies.
Therefore,
no
federal
income
tax
provision
is
required.
Each
Fund
files
income
tax
returns
in
U.S.
federal
and
applicable
state
and
local
jurisdictions.
A
Fund’s
federal
income
tax
returns
are
generally
subject
to
examination
for
a
period
of
three
fiscal
years
after
being
filed.
State
and
local
tax
returns
may
be
subject
to
examination
for
an
additional
period
of
time
depending
on
the
jurisdiction.
Management
has
analyzed
each
Fund’s
tax
positions
taken
for
all
open
tax
years
and
has
concluded
that
no
provision
for
income
tax
is
required
in
the
Fund’s
financial
statements.
Six
Months
Ended
9/30/24
Year
Ended
3/31/24
7.1
Inflation
Linked
Bond
Shares
Amount
Shares
Amount
Subscriptions:
Class
A
379,858
$
3,884,813
1,288,477
$
13,059,446
Class
I
1,524,137
16,012,349
2,405,516
25,230,979
Premier
Class
3,941
41,507
25,759
270,373
Class
R6
2,338,872
24,733,555
6,879,795
72,184,907
Retirement
Class
69,180
738,003
297,367
3,105,040
Class
W
20,753,816
218,897,751
49,776,621
521,604,305
Total
subscriptions
25,069,804
264,307,978
60,673,535
635,455,050
Reinvestments
of
distributions:
Class
A
235,290
2,387,352
394,391
3,963,055
Class
I
109,830
1,150,957
205,967
2,136,473
Premier
Class
1,996
20,871
6,450
66,748
Class
R6
1,025,801
10,754,671
2,017,779
20,917,461
Retirement
Class
238,953
2,527,759
423,884
4,434,311
Class
W
Total
reinvestments
of
distributions
1,611,870
16,841,610
3,048,471
31,518,048
Redemptions:
Class
A
(1,125,377)
(11,471,172)
(2,593,681)
(26,316,099)
Class
I
(1,939,932)
(20,440,342)
(4,930,366)
(51,510,463)
Premier
Class
(6,969)
(73,252)
(168,393)
(1,735,965)
Class
R6
(
12,751,087)
(133,749,058)
(11,367,625)
(118,426,790)
Retirement
Class
(1,023,218)
(10,874,856)
(2,597,626)
(27,400,363)
Class
W
(15,957,932)
(167,502,730)
(24,053,242)
(252,579,348)
Total
redemptions
(32,804,515)
(
344,111,410)
(45,710,933)
(477,969,028)
Net
increase
(decrease)
from
shareholder
transactions
(6,122,841)
$
(62,961,822)
18,011,073
$
189,004,070
Six
Months
Ended
9/30/24
Year
Ended
3/31/24
7.2
Real
Estate
Securities
Select
Shares
Amount
Shares
Amount
Subscriptions:
Class
A
565,325
$
9,564,919
1,066,960
$
17,392,751
Class
I
322,241
5,544,213
1,073,969
17,642,498
Premier
Class
202,666
3,414,471
289,064
4,819,294
Class
R6
5,872,419
100,206,958
13,364,176
218,219,672
Retirement
Class
292,077
5,351,509
1,270,163
21,500,327
Total
subscriptions
7,254,728
124,082,070
17,064,332
279,574,542
Reinvestments
of
distributions:
Class
A
260,459
4,578,814
525,758
8,498,987
Class
I
37,760
666,859
121,039
1,971,716
Premier
Class
16,358
290,853
49,793
811,129
Class
R6
1,835,481
32,588,155
3,525,080
57,511,280
Retirement
Class
353,955
6,605,348
745,977
12,796,339
Total
reinvestments
of
distributions
2,504,013
44,730,029
4,967,647
81,589,451
Redemptions:
Class
A
(1,932,670)
(32,809,221)
(5,207,264)
(84,329,563)
Class
I
(1,078,216)
(18,303,048)
(4,839,946
)
(78,615,073)
Premier
Class
(702,588)
(11,794,453)
(918,544)
(14,630,649)
Class
R6
(14,594,310)
(252,542,752)
(21,935,422)
(358,847,732)
Retirement
Class
(3,432,996)
(62,642,366)
(4,180,019)
(74,001,644)
Total
redemptions
(21,740,780)
(378,091,840)
(37,081,195)
(610,424,661)
Net
increase
(decrease)
from
shareholder
transactions
(11,982,039)
$
(209,279,741)
(15,049,216)
$
(249,260,668)
Notes
to
Financial
Statements
(continued)
20
As
of
the
end
of
the
reporting
period,
the
aggregate
cost
and
the
net
unrealized
appreciation/(depreciation)
of
all
investments
for
federal
income
tax
purposes
were
as
follows:
For
purposes
of
this
disclosure,
tax
cost
generally
includes
the
cost
of
portfolio
investments
as
well
as
up-front
fees
or
premiums
exchanged
on
derivatives
and
any
amounts
unrealized
for
income
statement
reporting
but
realized
income
and/or
capital
gains
for
tax
reporting,
if
applicable. 
As
of
prior
fiscal
period end,
the
components
of
accumulated
earnings
on
a
tax
basis
were
as
follows:
As
of
prior
fiscal
period
end,
the
Funds
had
capital
loss
carryforwards,
which
will
not
expire:
8.
Investment
Adviser
and
Other
Transactions
with
Affiliates
Under
the
terms
of
the
Investment
Management
Agreement
with
respect
to
each
Fund, the
Adviser provides
asset
management
services
to
the
Fund
for
an
annual
fee,
payable
monthly.
The
Funds
have
entered
into
an
Administrative
Service
Agreement
with
the
Adviser
under
which
the
Funds
pay the
Adviser for
its
costs
in
providing
certain
administrative
and
compliance
services
to
the
Funds.
The
Adviser
has
agreed
to
gradually
reduce
expenses
allocated
to
the
Funds
under
the
Administrative
Services
Agreement
over
a
three-year
period
commencing
May
1,
2024.
After
the
expiration
of
this
three-year
period,
the
Adviser
will
no
longer
allocate
expenses
to
the
Funds
under
the
Administrative
Services
Agreement.
Under
the
terms
of
a
Retirement
Class
Service
Agreement
with
respect
to
each
Fund,
the
Retirement
Class
of
the
Fund
incurs
an
annual
fee
of
0.25%
of
the
daily
net
assets,
payable
monthly
to
the
Adviser,
for
certain
administrative
costs
associated
with
the
maintenance
of
Retirement
Class
shares
on
retirement
plan
or
other
platforms.
Substantially
all
of
the
Retirement
Class
shareholder
servicing
fees
reported
on
the
Statement
of
Operations
are
paid
to
the
Adviser
under
the
Service
Agreement.
Nuveen
Securities,
LLC
(“Nuveen
Securities”),
which
is
a
wholly
owned
indirect
subsidiary
of
TIAA,
distributes
the
Funds’
shares.
Under
the
terms
of
the
distribution
agreement,
Nuveen
Securities
is
not
compensated.
Nuveen
Securities
does
not
currently
enter
into
agreements,
or
otherwise
pay,
other
intermediaries
to
sell
shares
of
the
Funds. 
Under
the
terms
of
a
distribution
Rule
12b-
1
plan, Class
A
shares of
each
Fund
compensates
Nuveen
Securities
for
providing
distribution,
promotional
and/or
shareholder
services
to Class
A
shares of
the
Fund
at
the
annual
rate
of
0.25%
of
the
average
daily
net
assets
attributable
to
the
Fund’s
Class
A
shares.
The
Premier
Class
of
each
Fund
is
subject
to
a
distribution
Rule
12b-1
plan
that
compensates
Nuveen
Securities
for
providing
distribution,
promotional
and/or
shareholder
services
to
the
Premier
Class
of
the
Fund
at
the
annual
rate
of
0.15%
of
the
average
daily
net
assets
attributable
to
the
Fund’s
Premier
Class.
The
Adviser has
contractually
agreed
to
waive
and/or
reimburse
Class
W’s
shares’
Management
fees
and
Other
expenses
(excluding
interest,
taxes,
brokerage
commissions
or
other
transactional
expenses,
acquired
fund
fees
and
expenses,
trustee
expenses
and
extraordinary
expenses)
in
their
entirety.
The
Adviser
expects
this
waiver
and/or
reimbursement
to
remain
in
effect
indefinitely,
unless
changed
or
terminated
with
approval
of
the
Board.
The
Management
fees
and
Other
expenses
of
Class
W
shares
that
have
been
waived
by the
Adviser may
be
incurred
directly
or
indirectly,
all
or
in
part,
by
investors
in
Class
W
shares.
Effective
May
1,
2024,
the
management
fee
schedule
for
each
Fund
consists
of
two
components:
a
Fund-level
fee,
based
only
on
the
amount
of
assets
within
a
Fund,
and
a
complex-level
fee,
based
on
the
aggregate
amount
of
all
eligible
assets
managed
by
the
Adviser
and
Nuveen
Fund
Advisors,
LLC
(“Nuveen
Fund
Advisors”). 
Fund
Tax
Cost
Gross
Unrealized
Appreciation
Gross
Unrealized
(Depreciation)
Net
Unrealized
Appreciation
(Depreciation)
7.1
Inflation
Linked
Bond
$3,041,448,262
$26,431,613
$(101,472,821)
$(75,041,208)
7.2
Real
Estate
Securities
Select
1,846,412,331
1,232,355,411
(19,282,422)
1,213,072,989
Fund
Undistributed
Ordinary
Income
Undistributed
Long-Term
Capital
Gains
Unrealized
Appreciation
(Depreciation)
Capital
Loss
Carryforwards
Late-Year
Loss
Deferrals
Other
Book-to-Tax
Differences
Total
7.1
Inflation
Linked
Bond
$3,771,577
$–
$(155,255,785)
$(39,410,405)
$–
$(588,520)
$(191,483,133)
7.2
Real
Estate
Securities
Select
7,292,306
892,301,138
(261,065,894)
(513,037)
638,014,513
Fund
Short-Term
Long-Term
Total
7.1
Inflation
Linked
Bond
$13,065,668
$26,344,737
$39,410,405
7.2
Real
Estate
Securities
Select
137,350,919
123,714,975
261,065,894
21
As
of
May
1,
2024
for
each
Fund
subject
to
the
complex-level
fee,
each
Fund’s
overall
complex-level
fee
begins
at
a
maximum
rate
of
0.1600%
of
a
Fund’s
average
daily
net
assets,
with
breakpoints
for
eligible
complex-level
assets
above
$124.3
billion.
Therefore,
the
maximum
management
fee
rate
for
each
Fund
is
the
Fund-level
fee
plus
0.1600%.
The
complex-level
fee
rate
for
each
such
Fund
is
determined
by
taking
the
current
overall
complex-level
fee
rate
and
applying
the
rate
to
all
eligible
assets
of
the
fund.
With
respect
to
the
assets
of
each
such
Fund
that
are
not
eligible
assets,
those
assets
are
subject
to
the
maximum
complex-level
fee
rate
(0.1600%).
As
of
May
1,
2024,
11%
of
the
net
assets
of
each
such
Fund
are
eligible
assets,
and
that
percentage
will
increase
annually
until
May
1,
2033,
at
which
time
eligible
assets
will
include
all
of
the
net
assets
of
a
Fund.
The
current
overall
complex-level
fee
schedule
is
as
follows:
*The
complex-level
fee
is
calculated
based
upon
the
aggregate
daily
“eligible
assets”
of
all
Nuveen-branded
closed-end
funds
and
Nuveen-branded
open-end
funds
(“Nuveen
Mutual
Funds”).
Except
as
described
below,
eligible
assets
include
the
assets
of
all
Nuveen-branded
closed-end
funds
and
Nuveen
Mutual
Funds
organized
in
the
United
States.
Eligible
assets
do
not
include
the
net
assets
of:
Nuveen
fund-of-funds,
Nuveen
money
market
funds,
Nuveen
index
funds,
Nuveen
Large
Cap
Responsible
Equity
Fund
or
Nuveen
Life
Large
Cap
Responsible
Equity
Fund.
In
addition,
eligible
assets
include
a
fixed
percentage
of
the
aggregate
net
assets
of
the
active
equity
and
fixed
income
Nuveen
Mutual
Funds
advised
by
the
Adviser
(except
those
identified
above).
The
fixed
percentage
will
increase
annually
until
May
1,
2033,
at
which
time
eligible
assets
will
include
all
of
the
aggregate
net
assets
of
Adviser-advised
active
equity
and
fixed
income
Nuveen
Mutual
Funds
(except
those
identified
above).
Eligible
assets
include
closed-end
fund
assets
managed
by
Nuveen
Fund
Advisors
that
are
attributable
to
financial
leverage.
For
these
purposes,
financial
leverage
includes
the
closed-end
funds’
use
of
preferred
stock
and
borrowings
and
certain
investments
in
the
residual
interest
certificates
(also
called
inverse
floating
rate
securities)
in
tender
option
bond
(TOB)
trusts,
including
the
portion
of
assets
held
by
a
TOB
trust
that
has
been
effectively
financed
by
the
trust’s
issuance
of
floating
rate
securities,
subject
to
an
agreement
by
Nuveen
Fund
Advisors
as
to
certain
funds
to
limit
the
amount
of
such
assets
for
determining
eligible
assets
in
certain
circumstances.
As
of
September
30,
2024,
the
complex-level
fee
rate
for
each
Fund
was
as
follows:
The
Adviser
has
agreed
to
reimburse
each
Fund
if
its
total
expense
ratio
(excluding
interest,
taxes,
brokerage
commissions
or
other
transactional
expenses,
acquired
fund
fees
and
expenses
and
extraordinary
expenses)
exceeds
certain
percentages.
As
of
the
end
of
the
reporting
period,
the
Fund-Level
fee
and
maximum
expense
amounts
(after
waivers
and
reimbursements)
are
equal
to
the
following
noted
annual
percentage
of
average
daily
net
assets
for
each
class:
Prior
to
May
1,
2024,
the
investment
management
fee,
service
agreement
fee,
distribution
fee
and
maximum
expense
amounts
(after
waivers
and
reimbursements)
are
equal
to
the
following
noted
annual
percentage
of
average
daily
net
assets
for
each
class:
.0
For
the
period
May
1,
2023
through
April
30,
2024,
for
a
one
year
period, the
Adviser agreed
to
voluntarily
waive
a
portion
of
the
investment
management
fee
and/or
the
expense
cap
for
certain
funds.
This
waiver
is
voluntary
in
nature
and
can
be
discontinued
at
any
time
without
prior
notice
to
shareholders
upon
Board
approval.
The
investment
management
fee
and
maximum
expense
amounts
(after
voluntary
waivers)
are
equal
to
the
following
noted
annual
percentage
of
average
daily
net
assets
for
each
class:
Complex
Level
Asset
Breakpoint
Level*
Complex
Level
Fee
For
the
first
$124.3
billion
0.1600%
For
the
next
$75.7
billion
0.1350
For
the
next
$200
billion
0.1325
For
eligible
assets
over
$400
billion
0.1300
Fund
Complex-Level
Fee
7.1
Inflation
Linked
Bond
0.1597%
7.2
Real
Estate
Securities
Select
0.1597%
Fund-Level
Fee
Range
Maximum
Expense
Amounts‡
Fund
Class
A
Class
I
Premier
Class
Class
R6
Retirement
Class
Class
W
7.1
Inflation
Linked
Bond*
0.040
%
—0.090
%
0.650
%
0.450
%
0.450
%
0.300
%
0.550
%
0.300
%
7.2
Real
Estate
Securities
Select*
0
.190
%
—0.340
%
0.920
0.720
0.720
0.570
0.820
*
This
Fund
is
subject
to
a
breakpoint
schedule
on
its
investment
management
fee,
which
reduces
this
fee
as
the
Fund’s
net
assets
increase.
Maximum
expense
amounts
reflect
all
expenses
excluding
interest,
taxes,
brokerage
commissions
or
other
transactional
expenses,
Acquired
fund
fees
and
expenses
and
extraordinary
expenses.
The
expense
reimbursement
arrangements
will
continue
through
at
least
July
31,
2025.
The
reimbursement
arrangements
can
only
be
changed
with
the
approval
of
the
Board.
Investment
Management
Fee
Range
Investment
Management
Fee-
Effective
Rate
Maximum
Expense
Amounts‡
Fund
Class
A
Class
I
Premier
Class
Class
R6
Retirement
Class
Class
W
7.1
Inflation
Linked
Bond*
0.200
%
—0.250
%
0.241
%
0.650
%
0.450
%
0.450
%
0.300
%
0.550
%
0.300
%
7.2
Real
Estate
Securities
Select*
0.350
%
—0.500
%
0.471
0.920
0.720
0.720
0.570
0.820
Notes
to
Financial
Statements
(continued)
22
The
Funds
receive
voluntary
compensation
from
the
Adviser
in
amounts
that
approximate
the
cost
of
research
services
obtained
from
broker-dealers
and
research
providers
if
the
Adviser
had
purchased
the
research
services
directly.
This
income
received
by
the
Funds,
which
is
disclosed
below, is
recognized
in
"Affiliated
Income"
on
the
Statement
of
Operations
and
any
amounts
due
to
the
Funds
at
the
end
of
the
reporting
period
are
recognized
in
"Reimbursement
from
Adviser"
on
the
Statement
of
Assets
and
Liabilities.
During
the
current
fiscal
period,
the
values
of
voluntary
compensation
were
as
follows:
The Funds are
permitted
to
purchase
or
sell securities
from
or
to
certain
other
funds
or
accounts
managed
by
the
Adviser
or
by
an
affiliate
of
the
Adviser
(each
an,
"Affiliated
Entity")
under
specified
conditions
outlined
in
procedures
adopted
by
the
Board
("cross-
trade").
These
procedures
have
been
designed
to
ensure
that
any
cross-trade
of
securities
by
the
Fund from
or
to
an
Affiliated
Entity
by
virtue
of
having
a
common
investment
adviser
(or
affiliated
investment
adviser),
common
officer
and/or
common
trustee complies
with
Rule
17a-7
under
the
1940
Act.
These
transactions
are
affected
at
the
current
market price
(as
provided
by
an
independent
pricing
service) without
incurring
broker
commissions.
During
the
current
fiscal
period,
the
Funds
did
not
engage
in
security
transactions
with
affiliated
entities. 
A
registered
separate
account
of
TIAA
(collectively
“TIAA
Access”)
has
various
sub-accounts
that
invest
in
the
Funds,
and
certain
funds
within
the
Trust
also
make
investments
in
the
Funds.
The
following
is
the
percentage
of
the
Funds'
shares
owned
by
affiliates
as
of
the
end
of
the
current
fiscal
period:
9.
Inter-Fund
Lending
Program
Pursuant
to
an
exemptive
order
issued
by
the
SEC,
the
Funds may
participate
in
an
inter-fund
lending
program.
This
program
allows
the
Funds to
lend
cash
to
and/or
borrow
cash
from
certain
other
affiliated
Funds for
temporary
purposes,
(e.g.,
to
satisfy
redemption
requests
or
to
cover
unanticipated
cash
shortfalls).
The
program
is
subject
to
a
number
of
conditions,
including
the
requirement
that
no
Fund may
borrow
or
lend
money
under
the
program
unless
it
receives
a
more
favorable
interest
rate
than
is
available
from
a
bank
or
other
financial
institution
for
a
comparable
transaction.
In
addition,
a
Fund may
participate
in
the
program
only
if
its
participation
is
consistent
with
the
Fund’s investment
policies
and
limitations
and
authorized
by
its
portfolio
manager(s).
During the current
fiscal
period,
there
were
no
inter-fund
borrowing
or
lending
transactions. 
10.
Line
of
Credit
The
Funds
participated
in
a
$500
million
unsecured
revolving
credit
facility
that
can
be
used
for
temporary
purposes,
including,
without
limitation,
the
funding
of
shareholder
redemptions.
The
facility
was
entered
into
on
June
13,
2023,
and
expired
on
June
11,
2024.
Certain
affiliated
accounts,
each
of
which
is
managed
by
the
Adviser,
or
an
affiliate
of
the
Adviser,
also
participated
in
this
facility.
An
annual
commitment
fee
for
the
credit
facility
was
borne
by
the
participating
accounts
on
a
pro
rata
basis.
Interest
associated
with
any
borrowing
under
the
facility
was
charged
to
the
borrowing
accounts
at
a
specified
rate
of
interest.
The
Funds
were
not
liable
for
borrowings
under
the
facility
by
other
affiliated
accounts.
There
were
no
borrowings
under
this
credit
facility
by
the
Funds
during
the
current
fiscal
period. 
Investment
Management
Fee
Range
Maximum
Expense
Amounts‡
Fund
Class
A
Class
I
Premier
Class
Class
R6
Retirement
Class
Class
W
7.1
Inflation
Linked
Bond*
0.180
%
—0.230
%
0.630
%
0.430
%
0.430
%
0.280
%
0.530
%
0.280
%
7.2
Real
Estate
Securities
Select*
0.330
%
—0.480
%
0.900
0.700
0.700
0.550
0.800
*
This
Fund
is
subject
to
a
breakpoint
schedule
on
its
investment
management
fee,
which
reduces
this
fee
as
the
Fund’s
net
assets
increase.
Maximum
expense
amounts
reflect
all
expenses
excluding
interest,
taxes,
brokerage
commissions
or
other
transactional
expenses,
Acquired
fund
fees
and
expenses
and
extraordinary
expenses.
The
reimbursement
arrangements
can
only
be
changed
with
the
approval
of
the
Board.
Fund
Value
7.2
Real
Estate
Securities
Select
$258,691
Underlying
Fund
Nuveen
Lifecycle
Funds
Nuveen
Lifecycle
Index
Funds
TIAA
Access
Total
7.1
Inflation
Linked
Bond
15
%
22
%
%
37
%
7.2
Real
Estate
Securities
Select
7
7
23
During
June
2024,
the
Funds,
along
with
certain
other
funds
managed
by
the
Adviser
(“Participating
Funds”),
have
established
a
364-day,
$2.700
billion
standby
credit
facility
with
a
group
of
lenders,
under
which
the
Participating
Funds
may
borrow
for
temporary
purposes
(other
than
on-going
leveraging
for
investment
purposes),
and
replaces
the
previous
facility.
Each
Participating
Fund
is
allocated
a
designated
proportion
of
the
facility’s
capacity
(and
its
associated
costs,
as
described
below)
based
upon
a
multi-factor
assessment
of
the
likelihood
and
frequency
of
its
need
to
draw
on
the
facility,
the
size
of
the
Fund
and
its
anticipated
draws,
and
the
potential
importance
of
such
draws
to
the
operations
and
well-being
of
the
Fund,
relative
to
those
of
the
other
Funds.
A
Fund
may
effect
draws
on
the
facility
in
excess
of
its
designated
capacity
if
and
to
the
extent
that
other
Participating
Funds
have
undrawn
capacity.
The
credit
facility
expires
in
June
2025.
There
were
no
borrowings
under
this
credit
facility
by
the
Funds
during
the
current
fiscal
period.


Item 8.

Changes in and Disagreements with Accountants for Open-End Management Investment Companies.

Not applicable.


Item 9.

Proxy Disclosures for Open-End Management Investment Companies.

Not applicable.


Item 10.

Remuneration Paid to Directors, Officers, and Others of Open-End Management Investment Companies.

Remuneration paid to directors, officers and others is included in the Statement of Operations under the line items “Trustee Fees” and “Management Fees” as part of the financial statements filed under Item 7 of this Form N-CSR.


Item 11.

Statement Regarding Basis for Approval of Investment Advisory Contract.

 


Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract

Nuveen Core Bond Fund

Nuveen Bond Index Fund

Nuveen Core Plus Bond Fund

Nuveen Green Bond Fund

Nuveen High Yield Fund

Nuveen Money Market Fund

Nuveen Short Duration Impact Bond Fund

Nuveen Short Term Bond Fund

Nuveen Short Term Bond Index Fund

Nuveen Core Impact Bond Fund

Nuveen 5-15 Year Laddered Tax Exempt Bond Fund

The Approval Process

At meetings held on April 18 and 19, 2024 (the “Meeting”), the Board of Trustees (collectively, the “Board” and each Trustee, a “Board Member”) of TIAA-CREF Funds (the “Trust”) approved, for each applicable series of the Trust, the renewal of the investment management agreement with Teachers Advisors, LLC (“TAL” and TAL is an “Adviser”) pursuant to which TAL serves as investment adviser to such funds. The Board Members are not “interested persons” (as defined under the Investment Company Act of 1940 (the “1940 Act”)) and, therefore, the Board is deemed to be comprised of all disinterested Board Members. References to the Board and the Board Members are interchangeable. Below is a summary of the annual review process the Board undertook related to its most recent renewal of the investment management agreement (each an “Advisory Agreement”) with respect to each series listed above (the “Funds”).

In accordance with applicable law, following up to an initial two-year period, the Board considers the renewal of each Advisory Agreement on behalf of the applicable Fund on an annual basis. In addition, the fund complex consists of the group of funds advised by TAL (collectively referred to as the “TC funds”) and the group of funds advised by Nuveen Fund Advisors, LLC (“NFAL” and such funds are collectively, the “Nuveen funds”). For clarity, TAL serves as Adviser to the TC funds, including the Funds, and NFAL serves as “Adviser” to the Nuveen funds. The Board Members considered that the prior separate boards of the TC funds and Nuveen funds were consolidated effective in January 2024. Accordingly, at the Meeting, the Board Members considered the review of the advisory agreements for the TC funds as well as reviewed the investment management agreements and sub-advisory agreements for the Nuveen funds. Depending on the appropriate context, references to “the Adviser” may be to TAL with respect to the TC funds and/or NFAL with respect to the Nuveen funds.

The Board Members considered the review of the advisory agreements of the TC funds and the Nuveen funds to be an ongoing process. The Board Members therefore employed the accumulated information, knowledge and experience they had gained during their tenure on the respective board of the TC funds or Nuveen funds (as the case may be) governing the applicable funds and working with the respective investment advisers and sub- advisers, as applicable, in their review of the advisory agreements for the fund complex.

During the course of the year prior to the Meeting, the Board and/or its committees received a wide variety of materials that covered a range of topics relevant to the Board’s annual consideration of the renewal of the advisory agreements, including reports on fund investment results over various periods; product initiatives for various funds; fund expenses; compliance, regulatory and risk management matters; trading practices, including soft dollar arrangements (as applicable); the liquidity and derivatives risk management programs; management of distributions; valuation of securities; payments to financial intermediaries, including 12b-1 expenses (as applicable); securities lending (as applicable); and overall market and regulatory developments. The Board also met periodically with and/or received presentations by key investment professionals managing a fund’s portfolio. In particular, at the Board meeting held on February 27-29, 2024 (the “February Meeting”), the Board and/or its Investment Committee received the annual performance review of the funds as described in further detail below. The presentations, discussions and meetings throughout the year also provide a means for the Board to evaluate and consider the level, breadth and quality of services provided by the Adviser and how such services have changed over time in light of new or modified regulatory requirements, changes to market conditions or other factors.

In connection with its annual consideration of the advisory agreements, the Board, through its independent legal counsel, requested and received extensive materials and information prepared specifically for its review of the advisory agreements. The materials provided at the Meeting and/ or prior meetings covered a wide range of matters including, but not limited to, a description of the nature, extent and quality of services provided by the Adviser; the consolidation of the Nuveen fund family and TC fund family; a review of product actions advanced in 2023 for the benefit of particular funds and/or the fund complex; a review of the applicable investment team; an analysis of fund performance with a focus on funds considered to have met certain challenged performance measurements; an analysis of the fees and expense ratios of the funds with a focus on funds considered to have certain expense characteristics; a list of management fee schedules; a review of contractual and/or voluntary expense caps and fee waivers for the TC funds; a description of portfolio manager compensation; a description of the profitability and/or financial data of Nuveen and TAL; and a description of indirect benefits received by the Adviser as a result of its relationships with the funds. The Board also considered information provided by Broadridge Financial Solutions, Inc. (“Broadridge”), an independent provider of investment company data, comparing fee and expense levels of each respective fund to those of a peer universe and, with respect to open-end funds, also to a peer group of funds selected by Broadridge, subject to certain exceptions.

 

1


Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract (continued)

The information prepared specifically for the annual review supplemented the information provided to the Board and its committees and the evaluations of the funds by the Board and its committees during the year. The Board’s review of the advisory agreements for the fund complex is based on all the information provided to the Board and its committees over time. The performance, fee and expense data and other information provided by the Adviser, Broadridge or other service providers were not independently verified by the Board Members.

As part of their review, the Board Members and independent legal counsel met by videoconference in executive session on April 10, 2024 (the “April Executive Session”) to review and discuss materials provided in connection with their annual review of the advisory agreements for the fund complex. After reviewing this information, the Board Members requested, directly or through independent legal counsel, additional information, and the Board subsequently reviewed and discussed the responses to these follow-up questions and requests.

The Board Members were advised by independent legal counsel during the annual review process as well as throughout the year, including meeting in executive sessions with such counsel at which no representatives of management were present. In connection with their annual review, the Board Members also received a memorandum from independent legal counsel outlining their fiduciary duties and legal standards in reviewing the Advisory Agreements, including guidance from court cases evaluating advisory fees.

The Board’s decisions to renew each Advisory Agreement were not based on a single identified factor, but rather each decision reflected the comprehensive consideration of all the information provided to the Board and its committees throughout the year as well as the materials prepared specifically in connection with the annual review process. The contractual arrangements may reflect the results of prior year(s) of review, negotiation and information provided in connection with the Board’s annual review of the funds’ advisory arrangements and oversight of the funds. Each Board Member may have attributed different levels of importance to the various factors and information considered in connection with the annual review process and may have placed different emphasis on the relevant information year to year in light of, among other things, changing market and economic conditions. A summary of the principal factors and information, but not all the factors, the Board considered in deciding to renew the Advisory Agreements is set forth below.

 

A.

Nature, Extent and Quality of Services

In evaluating the renewal of the Advisory Agreements, the Board Members received and considered information regarding the nature, extent and quality of the Adviser’s services provided to each respective Fund with particular focus on the services and enhancements or changes to such services provided during the last year.

The Board considered that the Adviser provides a wide array of management, oversight and other services to manage and operate the applicable funds. The Board considered the Adviser’s and its affiliates’ dedication of resources, time, people and capital as well as continual program of improvement and innovation aimed at enhancing the funds and fund complex for investors and meeting the needs of an increasingly complex regulatory environment. In particular, over the past several years, the Board considered the significant resources, both financial and personnel, the Adviser and its affiliates have committed in working to consolidate the Nuveen fund family and TC fund family under one centralized umbrella. The Board considered that the organizational changes in bringing together Nuveen, its affiliates and TIAA’s (as defined below) asset management businesses, consolidating the Nuveen and TC fund families and other initiatives were anticipated to provide various benefits for the funds through, among other things, enhanced operating efficiencies, centralized investment leadership and a centralized shared resources and support model. As part of these efforts, the boards of the TC funds and Nuveen funds were consolidated effective in January 2024. In addition, in conjunction with these consolidation efforts, the Board approved at the Meeting changes to fee and breakpoint structures that could provide cost savings to participating funds, as described in further detail below.

The Board also reviewed information regarding other product actions undertaken or continued by management in the 2023 calendar year in seeking to improve the effectiveness of the organization, the product line-up as well as particular funds through, among other things, continuing to review and optimize the product line and gaining efficiencies through mergers and liquidations; reviewing and updating investment policies and benchmarks; implementing fee waivers and/or expense cap changes for certain funds; evaluating and adjusting portfolio management teams as appropriate for various funds; and developing policy positions on a broad range of regulatory proposals that may impact the funds and communicating with lawmakers and other regulatory authorities to help ensure these positions are considered. In its review, the Board considered that the funds operated in a highly regulated industry and the scope and complexity of the services and resources that the Adviser and its affiliates must provide to manage and operate the applicable funds have expanded over the years as a result of, among other things, regulatory, market and other developments, such as the adoption of the tailored shareholder report or the revised fund name rule.

In considering the breadth and quality of services TAL and its various teams provide with respect to the TC funds, the Board considered that TAL is responsible for providing various types of investment advisory services, including, among other things, furnishing an investment program for each TC fund; managing the assets of such funds, including conducting research, identifying investments and placing orders for the purchase or sale of the portfolio investments for the fund; and evaluating fund performance and implementing changes thereto. The Board further considered that over the course of the 2023 calendar year, the Nuveen global public product team which supports the funds in the fund complex and their shareholders assessed the investment personnel across the investment leadership teams which resulted in additions or other modifications to the portfolio management teams of various funds. The Board also reviewed a description of the compensation structure applicable to certain portfolio managers.

In addition to the above investment advisory services, the Board further considered the extensive compliance, regulatory, administrative and other services the Adviser and its various teams or affiliates provide to manage and operate the applicable funds. Given the highly regulated industry in which the funds operate, the Board considered the breadth of the Adviser’s compliance program and related policies and procedures. The Board reviewed various initiatives the Adviser’s compliance team undertook or continued in 2023, in part, to address new regulatory requirements, support international business growth and product development, enhance international trading capabilities, enhance monitoring capabilities in light of the new regulatory requirements and guidance and maintain a comprehensive training program. The Board further considered, among other things, that other non-advisory services provided included, among other things, board support and reporting; establishing and reviewing the services provided by other fund service providers (such as a fund’s custodian, accountant, and transfer agent); risk management, including reviews of the liquidity

 

2


risk management and derivatives risk management programs; legal support services; regulatory advocacy; and cybersecurity, business continuity and disaster recovery planning and testing. With respect to the TC funds, the Board considered that certain non-investment and non-distribution services were provided by TAL or its affiliates pursuant to a separate administrative agreement; however, given the consolidation of the TC funds and Nuveen funds with the centralization of services and resources, such administrative agreement was anticipated to be phased out over a three-year period with the administrative services for the Funds to be provided under the respective Advisory Agreements at no additional cost.

Aside from the services provided, the Board considered the financial resources of the Adviser and/or its affiliates and their willingness to make investments in the technology, personnel and infrastructure to support the funds, including to enhance global talent, middle office systems, software and international and internal capabilities. The Board considered the access provided by the Adviser and its affiliates to a seed capital budget to support new or existing funds and/or facilitate changes for a respective fund. The Board considered the benefits to shareholders of investing in a fund that is a part of a large fund complex with a variety of investment disciplines, capabilities, expertise and resources available to navigate and support the funds including during stressed times. The Board considered the overall reputation and capabilities of the Adviser and its affiliates and the Adviser’s continuing commitment to provide high quality services.

In its review, the Board also considered the significant risks borne by the Adviser and its affiliates in connection with their services to the applicable funds, including entrepreneurial risks in sponsoring and supporting new funds and smaller funds and ongoing risks with managing the funds, such as investment, operational, reputational, regulatory, compliance and litigation risks.

Based on its review, the Board determined, in the exercise of its reasonable business judgment, that it was satisfied with the nature, extent and quality of services provided to the respective Funds under each applicable Advisory Agreement.

 

B.

The Investment Performance of the Funds and Adviser

In evaluating the quality of the services provided by the Adviser, the Board also considered a variety of investment performance data of the Funds. In this regard, the Board and/or its Investment Committee reviewed, among other things, performance of the Funds over the quarter, one-, three- and five-year periods ending December 31, 2023 and March 31, 2024. For those Funds with multiple share classes, the performance data was based on Class R6 shares (formerly, the Institutional Class shares); however, the performance of other share classes was substantially similar as those other share classes invest in the same portfolio of securities and differences in performance among the classes would be principally attributed to the variations in the expense structures of the share classes. The Board performed its annual review of fund performance at its February Meeting and an additional review at the April Executive Session and also reviewed and discussed performance data at its other regularly scheduled quarterly meetings throughout the year. The Board therefore took into account the performance data, presentations and discussions (written and oral) that were provided at the Meeting and in prior meetings over time in evaluating fund performance, including management’s analysis of a fund’s performance with particular focus on funds that met certain challenged performance measurements as determined pursuant to a methodology approved by the Board or additional measurements as determined by management’s investment analysts. As various funds have modified their portfolio teams and/or made significant changes to their portfolio strategies over time, the Board reviewed, among other things, certain tracking performance data over specific periods comparing performance before and after such changes.

The Board considered that performance data reflects performance over a specified period which may differ significantly depending on the ending dates selected, particularly during periods of market volatility. Further, the Board considered that shareholders may evaluate performance based on their own respective holding periods which may differ from the performance periods reviewed by the Board and lead to differing results.

In its evaluation, the Board reviewed fund performance results from different perspectives. In general, subject to certain exceptions, the Board reviewed both absolute and relative fund performance over the various time periods and considered performance results in light of a fund’s investment objective(s), strategies and risks. With respect to the relative performance, the Board considered fund performance in comparison to the performance of peer funds (the “Performance Peer Group”), subject to certain exceptions, and recognized and/or customized benchmarks (i.e., generally benchmarks derived from multiple recognized benchmarks). In reviewing such comparative performance, the Board was cognizant of the inherent limitations of such data which can make meaningful performance comparisons generally difficult. As an illustration, differences in the composition of the Performance Peer Group, the investment objective(s), strategies, dates of fund inception and other characteristics of the peers in the Performance Peer Group, and the varying sizes of peers all may contribute to differences in the performance results of a Performance Peer Group compared to the applicable fund. With respect to relative performance of a fund compared to a benchmark index, differences, among other things, in the investment objective(s) and strategies of a fund and the benchmark (particularly an actively managed fund that does not directly follow an index) as well as the costs of operating a fund would necessarily contribute to differences in performance results and limit the value of the comparative performance information. To assist the Board in its review of the comparability of the relative performance, management generally has ranked the relevancy of the Performance Peer Groups to the Funds as low, medium or high, subject to certain exceptions, including with respect to Nuveen Bond Index Fund (formerly, TIAA-CREF Bond Index Fund) and Nuveen Short Term Bond Index Fund (formerly, TIAA-CREF Short-Term Bond Index Fund). In its review of relative performance, the Board considered a Fund’s performance relative to its Performance Peer Group, among other things, by evaluating its quartile ranking with the 1st quartile representing the top performing funds within the Performance Peer Group and the 4th quartile representing the lowest performing funds.

With respect to passively managed TC funds that were designed to invest, in relevant part, based on an index (the “Underlying Index”), including Nuveen Bond Index Fund and Nuveen Short Term Bond Index Fund, the Board also received and reviewed performance information including, among other things, such Fund’s ex-ante tracking error compared to its reference index over various periods of time.

The Board evaluated performance in light of various relevant factors which may include, among other things, general market conditions, issuer- specific information, asset class information, leverage and fund cash flows. The Board considered that long-term performance could be impacted by even one period of significant outperformance or underperformance and that a single investment theme could disproportionately affect performance. Further, the Board considered that market and economic conditions may significantly impact a fund’s performance, particularly over

 

3


Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract (continued)

shorter periods, and such performance may be more reflective of such economic or market events and not necessarily reflective of management skill. Although the Board reviews short-, intermediate- and longer-term performance data, the Board considered that longer periods of performance may reflect full market cycles.

In their review from year to year, the Board Members consider and may place different emphasis on the relevant information in light of changing circumstances in market and economic conditions. In evaluating performance, the Board focused particular attention on funds with less favorable performance records. However, depending on the facts and circumstances, including any differences between the respective fund and its benchmark and/or Performance Peer Group, the Board may be satisfied with a fund’s performance notwithstanding that its performance may be below that of its benchmark and/or peer group for certain periods. With respect to any funds for which the Board has identified performance issues, the Board seeks to monitor such funds more closely until performance improves, discuss with the Adviser the reasons for such results, consider whether any steps are necessary or appropriate to address such issues, discuss and evaluate the potential consequences of such steps and review the results of any steps undertaken.

The performance determinations with respect to each Fund are summarized below.

 

   

For Nuveen Core Bond Fund (formerly, TIAA-CREF Core Bond Fund), the Board considered that the Fund outperformed its benchmark for the one-, three- and five-year periods ended December 31, 2023 and March 31, 2024. In addition, the Fund ranked in the second quartile of its Performance Peer Group for the one- and five-year periods ended December 31, 2023 and first quartile for the three-year period ended December 31, 2023. Further, the Fund ranked in the first quartile of its Performance Peer Group for the one- and three-year periods ended March 31, 2024 and second quartile for the five-year period ended March 31, 2024. On the basis of the Board’s ongoing review of investment performance and all relevant factors, including the relative market conditions during certain reporting periods, the Fund’s investment objective(s) and management’s discussion of performance, the Board concluded that the Fund’s performance supported renewal of the Advisory Agreement.

 

   

For Nuveen Bond Index Fund (formerly, TIAA-CREF Bond Index Fund), the Board considered, among other things, the performance of the Fund and its Underlying Index for the one-, three- and five-year periods ended December 31, 2023 and March 31, 2024 as well as its tracking error compared to its Underlying Index as of December 31, 2023 and March 31, 2024 and as of each month end for the 2023 calendar year. The Board considered that although the Fund ranked in the fourth quartile of its Performance Peer Group for the five- year periods ended December 31, 2023 and March 31, 2024, the Fund ranked in the third quartile for the one- and three-year periods ended December 31, 2023 and March 31, 2024. Given the Fund’s investment objective, however, the Board placed more emphasis on its review of the tracking error and correlation data and after review of such data and other metrics, the Board considered that the Fund had performed in line with expectations in 2023. On the basis of the Board’s ongoing review of investment performance and all relevant factors, including the relative market conditions during certain reporting periods, the Fund’s investment objective(s) and management’s discussion of performance, the Board concluded that the Fund’s performance supported renewal of the Advisory Agreement.

 

   

For Nuveen Core Plus Bond Fund (formerly, TIAA-CREF Core Plus Bond Fund), the Board considered that the Fund outperformed its benchmark for the one-, three- and five-year periods ended December 31, 2023 and March 31, 2024. In addition, the Fund ranked in the second quartile of its Performance Peer Group for the one- and five-year periods ended December 31, 2023 and March 31, 2024 and first quartile for the three-year periods ended December 31, 2023 and March 31, 2024. On the basis of the Board’s ongoing review of investment performance and all relevant factors, including the relative market conditions during certain reporting periods, the Fund’s investment objective(s) and management’s discussion of performance, the Board concluded that the Fund’s performance supported renewal of the Advisory Agreement.

 

   

For Nuveen Green Bond Fund (formerly, TIAA-CREF Green Bond Fund), the Board considered that although the Fund’s performance was below the performance of its benchmark for the one-year period ended December 31, 2023, the Fund outperformed its benchmark for the three- and five-year periods ended December 31, 2023 and ranked in the second quartile of its Performance Peer Group for the one-, three- and five-year periods ended December 31, 2023. In addition, although the Fund’s performance was below the performance of its benchmark for the one- and three-year periods ended March 31, 2024, the Fund outperformed its benchmark for the five-year period ended March 31, 2024 and ranked in the second quartile of its Performance Peer Group for the one- and five-year periods and first quartile for the three-year period ended March 31, 2024. On the basis of the Board’s ongoing review of investment performance and all relevant factors, including the relative market conditions during certain reporting periods, the Fund’s investment objective(s) and management’s discussion of performance, the Board concluded that the Fund’s performance supported renewal of the Advisory Agreement.

 

   

For Nuveen High Yield Fund (formerly, TIAA-CREF High-Yield Fund), the Board considered that although the Fund’s performance was below the performance of its benchmark for the five-year periods ended December 31, 2023 and March 31, 2024, the Fund outperformed its benchmark for the one- and three-year periods ended December 31, 2023 and March 31, 2024. In addition, the Fund ranked in the second quartile of its Performance Peer Group for the one-, three- and five-year periods ended December 31, 2023. Further, the Fund ranked in the second quartile of its Performance Peer Group for the one- and three-year periods and third quartile for the five-year period ended March 31, 2024. On the basis of the Board’s ongoing review of investment performance and all relevant factors, including the relative market conditions during certain reporting periods, the Fund’s investment objective(s) and management’s discussion of performance, the Board concluded that the Fund’s performance supported renewal of the Advisory Agreement.

 

   

For Nuveen Money Market Fund (formerly, TIAA-CREF Money Market Fund), the Board considered that the Fund outperformed its benchmark for the one-, three- and five-year periods ended December 31, 2023 and March 31, 2024 and ranked in the first quartile of its Performance Peer Group for such periods. On the basis of the Board’s ongoing review of investment performance and all relevant factors, including the relative market conditions during certain reporting periods, the Fund’s investment objective(s) and management’s discussion of performance, the Board concluded that the Fund’s performance supported renewal of the Advisory Agreement.

 

4


   

For Nuveen Short Duration Impact Bond Fund (formerly, TIAA-CREF Short Duration Impact Bond Fund), the Board considered that the Fund outperformed its benchmark for the one-, three- and five-year periods ended December 31, 2023 and March 31, 2024. In addition, the Fund ranked in the third quartile of its Performance Peer Group for the one- and three-year periods ended December 31, 2023 and second quartile for the five-year period ended December 31, 2023. Further, the Fund ranked in the third quartile of its Performance Peer Group for the one-year period and second quartile for the three- and five-year periods ended March 31, 2024. On the basis of the Board’s ongoing review of investment performance and all relevant factors, including the relative market conditions during certain reporting periods, the Fund’s investment objective(s) and management’s discussion of performance, the Board concluded that the Fund’s performance supported renewal of the Advisory Agreement.

 

   

For Nuveen Short Term Bond Fund (formerly, TIAA-CREF Short-Term Bond Fund), the Board considered that the Fund outperformed its benchmark for the one-, three- and five-year periods ended December 31, 2023 and March 31, 2024. In addition, the Fund ranked in the third quartile of its Performance Peer Group for the one-year periods ended December 31, 2023 and March 31, 2024 and second quartile for the three- and five-year periods ended December 31, 2023 and March 31, 2024. On the basis of the Board’s ongoing review of investment performance and all relevant factors, including the relative market conditions during certain reporting periods, the Fund’s investment objective(s) and management’s discussion of performance, the Board concluded that the Fund’s performance supported renewal of the Advisory Agreement.

 

   

For Nuveen Short Term Bond Index Fund (formerly, TIAA-CREF Short-Term Bond Index Fund), the Board considered, among other things, the performance of the Fund and its Underlying Index for the one-, three- and five-year periods ended December 31, 2023 and March 31, 2024 as well as its tracking error compared to its Underlying Index as of December 31, 2023 and March 31, 2024 and as of each month end for the 2023 calendar year. The Board considered that the Fund ranked in the fourth quartile of its Performance Peer Group for the one-, three- and five-year periods ended December 31, 2023 and March 31, 2024. Given the Fund’s investment objective, however, the Board placed more emphasis on its review of the tracking error and correlation data and after review of such data and other metrics, the Board considered that the Fund had performed in line with expectations in 2023. On the basis of the Board’s ongoing review of investment performance and all relevant factors, including the relative market conditions during certain reporting periods, the Fund’s investment objective(s) and management’s discussion of performance, the Board concluded that the Fund’s performance supported renewal of the Advisory Agreement.

 

   

For Nuveen Core Impact Bond Fund (formerly, TIAA-CREF Core Impact Bond Fund), the Board considered that although the Fund’s performance was below the performance of its benchmark for the three- and five-year periods ended December 31, 2023, the Fund outperformed its benchmark for the one-year period ended December 31, 2023 and ranked in the second quartile of its Performance Peer Group for the one- and three-year periods and third quartile for the five-year period ended December 31, 2023. In addition, the Fund outperformed its benchmark for the one-, three- and five-year periods ended March 31, 2024 and ranked in the second quartile of its Performance Peer Group for the one- and three-year periods and third quartile for the five-year period ended March 31, 2024. On the basis of the Board’s ongoing review of investment performance and all relevant factors, including the relative market conditions during certain reporting periods, the Fund’s investment objective(s) and management’s discussion of performance, the Board concluded that the Fund’s performance supported renewal of the Advisory Agreement.

 

   

For Nuveen 5-15 Year Laddered Tax Exempt Bond Fund (formerly, TIAA-CREF 5-15 Year Laddered Tax-Exempt Bond Fund), the Board considered that although the Fund’s performance was below the performance of its benchmark for the three- and five-year periods ended December 31, 2023, the Fund outperformed its benchmark for the one-year period ended December 31, 2023. In addition, although the Fund ranked in the fourth quartile of its Performance Peer Group for the three-year period ended December 31, 2023, the Fund ranked in the second quartile for the one-year period and third quartile for the five-year period ended December 31, 2023. Further, although the Fund’s performance was below the performance of its benchmark and the Fund ranked in the fourth quartile of its Performance Peer Group for the three- and five-year periods ended March 31, 2024, the Fund outperformed its benchmark and ranked in the third quartile of its Performance Peer Group for the one-year period ended March 31, 2024. On the basis of the Board’s ongoing review of investment performance and all relevant factors, including the relative market conditions during certain reporting periods, the Fund’s investment objective(s) and management’s discussion of performance, the Board concluded that the Fund’s performance supported renewal of the Advisory Agreement.

 

C.

Fees, Expenses and Profitability

 

  1.

Fees and Expenses

As part of its annual review, the Board generally reviewed, among other things, the contractual management fee and net/actual management fee (i.e., the management fee after taking into consideration fee waivers and/or expense reimbursements, if any) paid by a Fund to the Adviser in light of the nature, extent and quality of the services provided. The Board also reviewed information about other expenses and the total operating expense ratio of each Fund (after any fee waivers and/or expense reimbursements). More specifically, the Board Members reviewed, among other things, each Fund’s management fee rates and net total expense ratio in relation to similar data for a comparable universe of funds (the “Expense Universe”) and for a more focused subset of comparable funds (the “Expense Group”) established by Broadridge (subject to certain exceptions). The Board Members reviewed the methodology Broadridge employed to establish its Expense Universe and Expense Group (as applicable) and considered that differences between the applicable fund and its respective Expense Universe and/or Expense Group, as well as changes to the composition of the Expense Universe and/or Expense Group from year to year, may limit some of the value of the comparative data. The Board Members also considered that it can be difficult to compare management fees among funds as there are variations in the services that are included for the fees paid. The Board Members took these limitations and differences into account when reviewing comparative peer data.

 

5


Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract (continued)

The Board Members considered a Fund’s operating expense ratio as it more directly reflected a shareholder’s total costs in investing in the respective fund. The Board Members also considered, in relevant part, a Fund’s management fee and net total expense ratio in light of the Fund’s performance history, including reviewing certain funds identified by management and/or the Board as having a higher net total expense ratio or management fee compared to their respective peers coupled with experiencing periods of challenged performance and considering the reasons for such comparative positions.

In their evaluation of the fee arrangements for the Funds, the Board Members also reviewed the management fee schedules and the expense reimbursements and/or fee waivers agreed to by the Adviser for the respective fund (if any). In its review, the Board considered that the management fees of the Nuveen funds were generally comprised of two components, a fund-level component and a complex- level component, each with its own breakpoint schedule, subject to certain exceptions. The Board considered that the complex-level component is intended to be an efficient mechanism designed to help share cost efficiencies with shareholders as the complex-wide assets grow. To extend the ability to share in savings as complex assets increase to the TC funds, the Board approved changes to the management fee schedule of certain TC funds (rebranded under the Nuveen name effective May 1, 2024) to include a complex-wide fee component with corresponding changes to the fund-level fee schedule and to phase in assets of the participating TC funds into the calculation of the complex size over a ten-year period. Participating Funds include each Fund other than Nuveen Bond Index Fund, Nuveen Money Market Fund and Nuveen Short Term Bond Index Fund. The Board considered management’s representation that there would be no increase to any participating TC fund’s respective advisory agreement fee rate. Rather, the change sought to allow shareholders of participating TC funds to benefit from breakpoints in the fee schedule as a result of increases in the size of the fund complex even if the size of a particular TC fund’s assets did not increase. In addition, in conjunction with the consolidation of the Nuveen funds and TC funds, the TC funds will phase out the separate administrative agreement pursuant to which TAL provided certain administrative services as well as the reimbursement to TAL of certain costs thereunder over a three-year period.

The Board’s considerations regarding the comparative fee data for each of the Funds are set forth below. With respect to the quartile rankings noted below, the first quartile represents the range of funds with the lowest management fee rate or net total expense ratio, as applicable, and the fourth quartile represents the range of funds with the highest management fee rate or net total expense ratio, as applicable. The Board considered that Broadridge only calculates quartiles if a minimum number of peers is available and therefore quartile rankings may not be available for certain Expense Groups and/or Expense Universes.

 

   

For Nuveen Core Bond Fund, the Fund’s contractual management fee rate, actual management fee rate and net total expense ratio ranked in the first quartile of its Expense Group. In addition, the Fund’s contractual management fee rate, actual management fee rate and net total expense ratio ranked in the first quartile, second quartile and first quartile of its Expense Universe, respectively. Further, the Fund’s actual management fee rate and net total expense ratio were below the Expense Group median.

 

   

For Nuveen Bond Index Fund, the Fund’s contractual management fee rate, actual management fee rate and net total expense ratio ranked in the first quartile of its Expense Group and Expense Universe. In addition, the Fund’s actual management fee rate and net total expense ratio were below the Expense Group median.

 

   

For Nuveen Core Plus Bond Fund, the Fund’s contractual management fee rate, actual management fee rate and net total expense ratio ranked in the first quartile of its Expense Group. In addition, the Fund’s contractual management fee rate, actual management fee rate and net total expense ratio ranked in the first quartile, second quartile and first quartile of its Expense Universe, respectively. Further, the Fund’s actual management fee rate and net total expense ratio were below the Expense Group median.

 

   

For Nuveen Green Bond Fund, the Fund’s contractual management fee rate, actual management fee rate and net total expense ratio ranked in the first quartile, second quartile and first quartile of its Expense Group, respectively. In addition, the Fund’s contractual management fee rate, actual management fee rate and net total expense ratio ranked in the second quartile, first quartile and first quartile of its Expense Universe, respectively. Further, the Fund’s actual management fee rate and net total expense ratio were below the Expense Group median.

 

   

For Nuveen High Yield Fund, the Fund’s contractual management fee rate, actual management fee rate and net total expense ratio ranked in the first quartile of its Expense Group and Expense Universe. In addition, the Fund’s actual management fee rate and net total expense ratio were below the Expense Group median.

 

   

For Nuveen Money Market Fund, the Fund’s contractual management fee rate, actual management fee rate and net total expense ratio ranked in the first quartile, second quartile and first quartile of its Expense Group. In addition, the Fund’s contractual management fee rate, actual management fee rate and net total expense ratio ranked in the first quartile of its Expense Universe. Further, the Fund’s actual management fee rate and net total expense ratio were below the Expense Group median.

 

   

For Nuveen Short Duration Impact Bond Fund, the Fund’s contractual management fee rate, actual management fee rate and net total expense ratio ranked in the second quartile, first quartile and first quartile of its Expense Group, respectively. In addition, the Fund’s contractual management fee rate, actual management fee rate and net total expense ratio ranked in the first quartile of its Expense Universe. Further, the Fund’s actual management fee rate and net total expense ratio were below the Expense Group median.

 

   

For Nuveen Short Term Bond Fund, the Fund’s contractual management fee rate, actual management fee rate and net total expense ratio ranked in the first quartile of its Expense Group and Expense Universe. In addition, the Fund’s actual management fee rate and net total expense ratio were below the Expense Group median.

 

   

For Nuveen Short Term Bond Index Fund, the Fund’s contractual management fee rate, actual management fee rate and net total expense ratio ranked in the first quartile of its Expense Group and Expense Universe. In addition, the Fund’s actual management fee rate and net total expense ratio were below the Expense Group median.

 

6


   

For Nuveen Core Impact Bond Fund, the Fund’s contractual management fee rate, actual management fee rate and net total expense ratio ranked in the second quartile, second quartile and first quartile of its Expense Group, respectively. In addition, the Fund’s contractual management fee rate, actual management fee rate and net total expense ratio also ranked in the second quartile, second quartile and first quartile of its Expense Universe, respectively. Further, the Fund’s actual management fee rate matched the Expense Group median, and the Fund’s net total expense ratio was below the Expense Group median.

 

   

For Nuveen 5-15 Year Laddered Tax Exempt Bond Fund, the Fund’s contractual management fee rate, actual management fee rate and net total expense ratio ranked in the first quartile of its Expense Group and Expense Universe. In addition, the Fund’s actual management fee rate and net total expense ratio were below the Expense Group median.

Based on its review of the information provided, the Board determined that each Fund’s management fees (as applicable) to the Adviser were reasonable in light of the nature, extent and quality of services provided to the Fund.

 

  2.

Comparisons with the Fees of Other Clients

In evaluating the appropriateness of fees, the Board also considered that the Adviser and/or its affiliate(s) provide investment management services to other types of clients which may include: separately managed accounts, retail managed accounts, foreign funds (UCITS), other investment companies (as sub-advisers), limited partnerships and collective investment trusts. The Board reviewed the equal weighted average fee or other fee data for the other types of clients managed in a similar manner to certain of the Nuveen funds and TC funds. The Board considered the Adviser’s rationale for the differences in the management fee rates of the funds compared to the management fee rates charged to these other types of clients. In this regard, the Board considered that differences, including but not limited to, the amount, type and level of services provided by the Adviser to the funds compared to that provided to other clients as well as differences in investment policies; regulatory, disclosure and governance requirements; servicing relationships with vendors; the manner of managing such assets; product structure; investor profiles; and account sizes all may contribute to variations in relative fee rates. Further, differences in the client base, governing bodies, distribution, jurisdiction and operational complexities also would contribute to variations in management fees assessed the funds compared to foreign fund clients. In addition, differences in the level of advisory services required for passively managed funds also contribute to differences in the management fee levels of such funds compared to actively managed funds. As a general matter, higher fee levels reflect higher levels of service provided by the Adviser, increased investment management complexity, greater product management requirements, and higher levels of business risk or some combination of these factors. The Board considered the wide range of services in addition to investment management that the Adviser had provided to the funds compared to other types of clients as well as the increased entrepreneurial, legal and regulatory risks that the Adviser incurs in sponsoring and managing the funds. The Board concluded that the varying levels of fees were reasonable given, among other things, the more extensive services, regulatory requirements and legal liabilities, and the entrepreneurial, legal and regulatory risks incurred in sponsoring and advising a registered investment company compared to that required in advising other types of clients.

 

  3.

Profitability of the Adviser

In their review, the Board Members reviewed a variety of profitability information relating to TAL as a result of its advisory services to the TC funds. In developing the profitability data, the Board Members considered the subjective nature of calculating profitability as the information is not audited and is necessarily dependent on cost allocation methodologies to allocate expenses throughout the complex and among the various advisory products. The Board Members received profitability data for TAL attributable to the TC funds in the aggregate and on a per-TC fund basis. The Board Members reviewed, among other things, TAL’s profitability margin (pre- and post-distribution expenses) for the TC funds for each year from 2014 to 2023 as well as TAL’s revenue, expenses and net earnings before federal income tax (pre- and post-distribution expenses) from the TC funds for the year ended December 31, 2023 and as compared to December 31, 2022. The Board reviewed the profitability margins (pre- and post-marketing and pre-tax) of TAL for the TC funds for the 2023 fiscal year compared to the profitability margins (pre-marketing (subject to exceptions) and post-marketing and pre-tax) of a peer group of certain asset management firms for the 2022 fiscal year (the most recent year data available). The Board considered that TAL had calculated that it earned profits (pre-distribution) for the one-year period ended December 31, 2023 with respect to each of the Funds, subject to the following exceptions. The Board considered that TAL had calculated that it incurred a net loss for the one-year period ended December 31, 2023 with respect to its services to Nuveen Short Duration Impact Bond Fund, Nuveen Short Term Bond Index Fund and Nuveen 5-15 Year Laddered Tax Exempt Bond Fund. In evaluating profitability data, the Board Members considered the difficulty in calculating profitability particularly at the individual Fund level given that differing but reasonable allocation methodologies could be employed and lead to significantly different results. The Board Members also reviewed the unaudited financial statements for TAL dated December 31, 2023.

Aside from the profitability data, the Board considered that NFAL and TAL are affiliates of Teachers Insurance and Annuity Association of America (“TIAA”). NFAL is a subsidiary of Nuveen, LLC, the investment management arm of TIAA, and TAL is an indirect wholly owned subsidiary of TIAA. Accordingly, the Board also reviewed a balance sheet for TIAA reflecting its assets, liabilities and capital and contingency reserves for the 2023 and 2022 calendar years to consider the financial strength of TIAA. The Board considered the benefit of an investment adviser and its parent with significant resources, particularly during periods of market volatility. The Board also considered the reinvestments the Adviser, its parent and/or other affiliates made into their business through, among other things, the investment of seed capital in certain funds, initiatives in international expansion, investments in infrastructure and continued investments in enhancements to technological capabilities.

 

7


Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract (continued)

In evaluating the reasonableness of the compensation, the Board Members also considered the indirect benefits the Adviser received that were directly attributable to the management of the applicable funds as discussed in further detail below. Based on its review, the Board was satisfied that the Adviser’s level of profitability from its relationship with each Fund was not unreasonable over various time frames in light of the nature, extent and quality of services provided.

 

D.

Economies of Scale and Whether Fee Levels Reflect These Economies of Scale

The Board considered whether there have been economies of scale with respect to the management of the funds in the fund complex, including the Funds, whether these economies of scale have been appropriately shared with such funds and whether there is potential for realization of further economies of scale. Although the Board considered that economies of scale are difficult to measure with any precision and the rates at which certain expenses are incurred may not decline with a rise in assets, the Board considered that there are various methods that may be employed to help share the benefits of economies of scale, including, among other things, through the use of breakpoints in the management fee schedule, fee waivers and/or expense limitations, the pricing of funds at scale at inception and investments in the Adviser’s business which can enhance the services provided to the applicable funds for the fees paid. The Board considered that the Adviser has generally employed one or more of these various methods among the applicable funds.

The Board considered that the management fee of TAL for the TC funds was comprised of only a fund-level fee. However, effective May 1, 2024, the Board approved the implementation of a complex-level component to the fee arrangement of certain TC funds pursuant to which the management fee would be comprised of a fund-level component and a complex-level component, subject to certain exceptions. Participating Funds in the complex-level component include each Fund except Nuveen Bond Index Fund, Nuveen Money Market Fund and Nuveen Short Term Bond Index Fund (and, in addition, the Board considered that these three Funds do not have fund-level breakpoints). To implement the new structure, the fund- level component was reduced by an amount at least equal to the new complex-level fee component. The complex-level fee component contains its own breakpoint schedule which is designed to deliver the benefits of economies of scale to shareholders when the assets of eligible funds in the complex pass certain thresholds even if the assets of a particular fund are unchanged or have declined, and the fund-level breakpoint schedules (if any) are designed to share economies of scale with shareholders if the particular fund grows. The Board considered that the assets of the participating TC funds to be included in the calculation of the complex-wide fee would be phased into the complex-wide assets in determining the complex-level fee over a ten-year period. The Board reviewed the projected shareholder savings derived from such modifications to the complex- wide fee calculation over a ten-year period from 2024 to 2033. The Board considered management’s representation that there will be no increase to any Fund’s respective advisory agreement fee rate. Similarly, the Board considered that certain reimbursements of administrative costs to TAL under its administrative agreement will also be phased out over a three-year period.

In addition to the fund-level and complex-level fee schedules, the Board Members considered the contractual and/or voluntary expense caps (if any) applicable to a Fund. The Board considered that such waivers and reimbursements applicable to the respective funds are another means for potential economies of scale to be shared with shareholders of such funds and can provide a protection from an increase in expenses if the assets of the applicable funds decline.

The Board Members also considered the continued reinvestment in Nuveen/TIAA’s business to enhance its capabilities and services to the benefit of its various clients. The Board understood that many of these investments were not specific to individual funds, but rather incurred across a variety of products and services pursuant to which the family of funds as a whole may benefit. The Board further considered that the Adviser and its affiliates have provided certain additional services, including, but not limited to, services required by new regulations and regulatory interpretations, without raising advisory fees to the funds, and this was also a means of sharing economies of scale with the funds and their shareholders. The Board considered the Adviser’s and/or its affiliates’ ongoing efforts to streamline the product line-up, among other things, to create more scaled funds which may help improve both expense and trading economies.

Based on its review, the Board was satisfied that the current fee arrangements together with the reinvestment in management’s business appropriately shared any economies of scale with shareholders.

 

E.

Indirect Benefits

The Board Members received and considered information regarding various indirect benefits the Adviser or its affiliates may receive as a result of their relationship with the funds in the fund complex, including the Funds. These benefits included, among other things, economies of scale to the extent the Adviser or its affiliates share investment resources and/or personnel with other clients of the Adviser. The funds may also be used as investment options for other products or businesses offered by the Adviser and/or its affiliates, such as variable products, fund of funds and 529 education savings plans, and affiliates of the Adviser may serve as sub-advisers to various funds in which case all advisory and sub-advisory fees generated by such funds stay within Nuveen.

Further, the funds may pay the Adviser and/or its affiliates for other services, such as distribution. In this regard, the Board Members considered that an affiliate of the Adviser serves as principal underwriter providing distribution and/or shareholder services to the open-end funds for which it may be compensated. The Board Members also considered that certain share classes of the funds (subject to certain exceptions) pay 12b-1 fees, some of which may be retained by the Adviser’s affiliate.

The Board Members considered that TAL or its affiliates were reimbursed for certain costs of administrative services pursuant to an administrative agreement; however, such administrative agreement was anticipated to be phased out over time. In addition, the Board Members considered that the Adviser may utilize soft dollar brokerage arrangements attributable to the respective fund(s) to obtain research and other services for any or all of its clients, although the Board Members also considered that the Adviser reimburses the Funds for all such costs.

 

8


The Adviser and its affiliates may also benefit from the advisory relationships with the funds in the fund complex to the extent this relationship results in potential investors viewing the TIAA group of companies as a leading retirement plan provider in the academic and nonprofit market and a single source for all their financial service needs. The Adviser and/or its affiliates may further benefit to the extent that they have pricing or other information regarding vendors the funds utilize in establishing arrangements with such vendors for other products.

Based on its review, the Board concluded that any indirect benefits received by the Adviser as a result of its relationship with the Funds were reasonable in light of the services provided.

 

F.

Other Considerations

The Board Members did not identify any single factor discussed previously as all-important or controlling. The Board Members concluded that the terms of each Advisory Agreement were reasonable, that the Adviser’s fees were reasonable in light of the services provided to each Fund and that the Advisory Agreements be renewed for an additional one-year period.

 

9


Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract

Nuveen Inflation Linked Bond Fund

Nuveen Real Estate Securities Select Fund

The Approval Process

At meetings held on April 18 and 19, 2024 (the “Meeting”), the Board of Trustees (collectively, the “Board” and each Trustee, a “Board Member”) of TIAA-CREF Funds (the “Trust”) approved, for each applicable series of the Trust, the renewal of the investment management agreement with Teachers Advisors, LLC (“TAL” and TAL is an “Adviser”) pursuant to which TAL serves as investment adviser to such funds. The Board Members are not “interested persons” (as defined under the Investment Company Act of 1940 (the “1940 Act”)) and, therefore, the Board is deemed to be comprised of all disinterested Board Members. References to the Board and the Board Members are interchangeable. Below is a summary of the annual review process the Board undertook related to its most recent renewal of the investment management agreement (each an “Advisory Agreement”) with respect to each series listed above (the “Funds”).

In accordance with applicable law, following up to an initial two-year period, the Board considers the renewal of each Advisory Agreement on behalf of the applicable Fund on an annual basis. In addition, the fund complex consists of the group of funds advised by TAL (collectively referred to as the “TC funds”) and the group of funds advised by Nuveen Fund Advisors, LLC (“NFAL” and such funds are collectively, the “Nuveen funds”). For clarity, TAL serves as Adviser to the TC funds, including the Funds, and NFAL serves as “Adviser” to the Nuveen funds. The Board Members considered that the prior separate boards of the TC funds and Nuveen funds were consolidated effective in January 2024. Accordingly, at the Meeting, the Board Members considered the review of the advisory agreements for the TC funds as well as reviewed the investment management agreements and sub-advisory agreements for the Nuveen funds. Depending on the appropriate context, references to “the Adviser” may be to TAL with respect to the TC funds and/or NFAL with respect to the Nuveen funds.

The Board Members considered the review of the advisory agreements of the TC funds and the Nuveen funds to be an ongoing process. The Board Members therefore employed the accumulated information, knowledge and experience they had gained during their tenure on the respective board of the TC funds or Nuveen funds (as the case may be) governing the applicable funds and working with the respective investment advisers and sub- advisers, as applicable, in their review of the advisory agreements for the fund complex.

During the course of the year prior to the Meeting, the Board and/or its committees received a wide variety of materials that covered a range of topics relevant to the Board’s annual consideration of the renewal of the advisory agreements, including reports on fund investment results over various periods; product initiatives for various funds; fund expenses; compliance, regulatory and risk management matters; trading practices, including soft dollar arrangements (as applicable); the liquidity and derivatives risk management programs; management of distributions; valuation of securities; payments to financial intermediaries, including 12b-1 expenses (as applicable); securities lending (as applicable); and overall market and regulatory developments. The Board also met periodically with and/or received presentations by key investment professionals managing a fund’s portfolio. In particular, at the Board meeting held on February 27-29, 2024 (the “February Meeting”), the Board and/or its Investment Committee received the annual performance review of the funds as described in further detail below. The presentations, discussions and meetings throughout the year also provide a means for the Board to evaluate and consider the level, breadth and quality of services provided by the Adviser and how such services have changed over time in light of new or modified regulatory requirements, changes to market conditions or other factors.

In connection with its annual consideration of the advisory agreements, the Board, through its independent legal counsel, requested and received extensive materials and information prepared specifically for its review of the advisory agreements. The materials provided at the Meeting and/ or prior meetings covered a wide range of matters including, but not limited to, a description of the nature, extent and quality of services provided by the Adviser; the consolidation of the Nuveen fund family and TC fund family; a review of product actions advanced in 2023 for the benefit of particular funds and/or the fund complex; a review of the applicable investment team; an analysis of fund performance with a focus on funds considered to have met certain challenged performance measurements; an analysis of the fees and expense ratios of the funds with a focus on funds considered to have certain expense characteristics; a list of management fee schedules; a review of contractual and/or voluntary expense caps and fee waivers for the TC funds; a description of portfolio manager compensation; a description of the profitability and/or financial data of Nuveen and TAL; and a description of indirect benefits received by the Adviser as a result of its relationships with the funds. The Board also considered information provided by Broadridge Financial Solutions, Inc. (“Broadridge”), an independent provider of investment company data, comparing fee and expense levels of each respective fund to those of a peer universe and, with respect to open-end funds, also to a peer group of funds selected by Broadridge, subject to certain exceptions.

The information prepared specifically for the annual review supplemented the information provided to the Board and its committees and the evaluations of the funds by the Board and its committees during the year. The Board’s review of the advisory agreements for the fund complex is based on all the information provided to the Board and its committees over time. The performance, fee and expense data and other information provided by the Adviser, Broadridge or other service providers were not independently verified by the Board Members.

As part of their review, the Board Members and independent legal counsel met by videoconference in executive session on April 10, 2024 (the “April Executive Session”) to review and discuss materials provided in connection with their annual review of the advisory agreements for the fund complex. After reviewing this information, the Board Members requested, directly or through independent legal counsel, additional information, and the Board subsequently reviewed and discussed the responses to these follow-up questions and requests.

The Board Members were advised by independent legal counsel during the annual review process as well as throughout the year, including meeting in executive sessions with such counsel at which no representatives of management were present. In connection with their annual review, the Board Members also received a memorandum from independent legal counsel outlining their fiduciary duties and legal standards in reviewing the Advisory Agreements, including guidance from court cases evaluating advisory fees.

 

1


Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract (continued)

The Board’s decisions to renew each Advisory Agreement were not based on a single identified factor, but rather each decision reflected the comprehensive consideration of all the information provided to the Board and its committees throughout the year as well as the materials prepared specifically in connection with the annual review process. The contractual arrangements may reflect the results of prior year(s) of review, negotiation and information provided in connection with the Board’s annual review of the funds’ advisory arrangements and oversight of the funds. Each Board Member may have attributed different levels of importance to the various factors and information considered in connection with the annual review process and may have placed different emphasis on the relevant information year to year in light of, among other things, changing market and economic conditions. A summary of the principal factors and information, but not all the factors, the Board considered in deciding to renew the Advisory Agreements is set forth below.

 

A.

Nature, Extent and Quality of Services

In evaluating the renewal of the Advisory Agreements, the Board Members received and considered information regarding the nature, extent and quality of the Adviser’s services provided to each respective Fund with particular focus on the services and enhancements or changes to such services provided during the last year.

The Board considered that the Adviser provides a wide array of management, oversight and other services to manage and operate the applicable funds. The Board considered the Adviser’s and its affiliates’ dedication of resources, time, people and capital as well as continual program of improvement and innovation aimed at enhancing the funds and fund complex for investors and meeting the needs of an increasingly complex regulatory environment. In particular, over the past several years, the Board considered the significant resources, both financial and personnel, the Adviser and its affiliates have committed in working to consolidate the Nuveen fund family and TC fund family under one centralized umbrella. The Board considered that the organizational changes in bringing together Nuveen, its affiliates and TIAA’s (as defined below) asset management businesses, consolidating the Nuveen and TC fund families and other initiatives were anticipated to provide various benefits for the funds through, among other things, enhanced operating efficiencies, centralized investment leadership and a centralized shared resources and support model. As part of these efforts, the boards of the TC funds and Nuveen funds were consolidated effective in January 2024. In addition, in conjunction with these consolidation efforts, the Board approved at the Meeting changes to fee and breakpoint structures that could provide cost savings to participating funds, as described in further detail below.

The Board also reviewed information regarding other product actions undertaken or continued by management in the 2023 calendar year in seeking to improve the effectiveness of the organization, the product line-up as well as particular funds through, among other things, continuing to review and optimize the product line and gaining efficiencies through mergers and liquidations; reviewing and updating investment policies and benchmarks; implementing fee waivers and/or expense cap changes for certain funds; evaluating and adjusting portfolio management teams as appropriate for various funds; and developing policy positions on a broad range of regulatory proposals that may impact the funds and communicating with lawmakers and other regulatory authorities to help ensure these positions are considered. In its review, the Board considered that the funds operated in a highly regulated industry and the scope and complexity of the services and resources that the Adviser and its affiliates must provide to manage and operate the applicable funds have expanded over the years as a result of, among other things, regulatory, market and other developments, such as the adoption of the tailored shareholder report or the revised fund name rule.

In considering the breadth and quality of services TAL and its various teams provide with respect to the TC funds, the Board considered that TAL is responsible for providing various types of investment advisory services, including, among other things, furnishing an investment program for each TC fund; managing the assets of such funds, including conducting research, identifying investments and placing orders for the purchase or sale of the portfolio investments for the fund; and evaluating fund performance and implementing changes thereto. The Board further considered that over the course of the 2023 calendar year, the Nuveen global public product team which supports the funds in the fund complex and their shareholders assessed the investment personnel across the investment leadership teams which resulted in additions or other modifications to the portfolio management teams of various funds. The Board also reviewed a description of the compensation structure applicable to certain portfolio managers.

In addition to the above investment advisory services, the Board further considered the extensive compliance, regulatory, administrative and other services the Adviser and its various teams or affiliates provide to manage and operate the applicable funds. Given the highly regulated industry in which the funds operate, the Board considered the breadth of the Adviser’s compliance program and related policies and procedures. The Board reviewed various initiatives the Adviser’s compliance team undertook or continued in 2023, in part, to address new regulatory requirements, support international business growth and product development, enhance international trading capabilities, enhance monitoring capabilities in light of the new regulatory requirements and guidance and maintain a comprehensive training program. The Board further considered, among other things, that other non-advisory services provided included, among other things, board support and reporting; establishing and reviewing the services provided by other fund service providers (such as a fund’s custodian, accountant, and transfer agent); risk management, including reviews of the liquidity risk management and derivatives risk management programs; legal support services; regulatory advocacy; and cybersecurity, business continuity and disaster recovery planning and testing. With respect to the TC funds, the Board considered that certain non-investment and non-distribution services were provided by TAL or its affiliates pursuant to a separate administrative agreement; however, given the consolidation of the TC funds and Nuveen funds with the centralization of services and resources, such administrative agreement was anticipated to be phased out over a three-year period with the administrative services for the Funds to be provided under the respective Advisory Agreements at no additional cost.

Aside from the services provided, the Board considered the financial resources of the Adviser and/or its affiliates and their willingness to make investments in the technology, personnel and infrastructure to support the funds, including to enhance global talent, middle office systems, software and international and internal capabilities. The Board considered the access provided by the Adviser and its affiliates to a seed capital budget to support new or existing funds and/or facilitate changes for a respective fund. The Board considered the benefits to shareholders of investing in a fund that is a part of a large fund complex with a variety of investment disciplines, capabilities, expertise and resources available to navigate and support the funds including during stressed times. The Board considered the overall reputation and capabilities of the Adviser and its affiliates and the Adviser’s continuing commitment to provide high quality services.

 

2


In its review, the Board also considered the significant risks borne by the Adviser and its affiliates in connection with their services to the applicable funds, including entrepreneurial risks in sponsoring and supporting new funds and smaller funds and ongoing risks with managing the funds, such as investment, operational, reputational, regulatory, compliance and litigation risks.

Based on its review, the Board determined, in the exercise of its reasonable business judgment, that it was satisfied with the nature, extent and quality of services provided to the respective Funds under each applicable Advisory Agreement.

 

B.

The Investment Performance of the Funds and Adviser

In evaluating the quality of the services provided by the Adviser, the Board also considered a variety of investment performance data of the Funds. In this regard, the Board and/or its Investment Committee reviewed, among other things, performance of the Funds over the quarter, one-, three- and five-year periods ending December 31, 2023 and March 31, 2024. For those Funds with multiple share classes, the performance data was based on Class R6 shares (formerly, the Institutional Class shares); however, the performance of other share classes was substantially similar as those other share classes invest in the same portfolio of securities and differences in performance among the classes would be principally attributed to the variations in the expense structures of the share classes. The Board performed its annual review of fund performance at its February Meeting and an additional review at the April Executive Session and also reviewed and discussed performance data at its other regularly scheduled quarterly meetings throughout the year. The Board therefore took into account the performance data, presentations and discussions (written and oral) that were provided at the Meeting and in prior meetings over time in evaluating fund performance, including management’s analysis of a fund’s performance with particular focus on funds that met certain challenged performance measurements as determined pursuant to a methodology approved by the Board or additional measurements as determined by management’s investment analysts. As various funds have modified their portfolio teams and/or made significant changes to their portfolio strategies over time, the Board reviewed, among other things, certain tracking performance data over specific periods comparing performance before and after such changes.

The Board considered that performance data reflects performance over a specified period which may differ significantly depending on the ending dates selected, particularly during periods of market volatility. Further, the Board considered that shareholders may evaluate performance based on their own respective holding periods which may differ from the performance periods reviewed by the Board and lead to differing results.

In its evaluation, the Board reviewed fund performance results from different perspectives. In general, subject to certain exceptions, the Board reviewed both absolute and relative fund performance over the various time periods and considered performance results in light of a fund’s investment objective(s), strategies and risks. With respect to the relative performance, the Board considered fund performance in comparison to the performance of peer funds (the “Performance Peer Group”), subject to certain exceptions, and recognized and/or customized benchmarks (i.e., generally benchmarks derived from multiple recognized benchmarks). In reviewing such comparative performance, the Board was cognizant of the inherent limitations of such data which can make meaningful performance comparisons generally difficult. As an illustration, differences in the composition of the Performance Peer Group, the investment objective(s), strategies, dates of fund inception and other characteristics of the peers in the Performance Peer Group, and the varying sizes of peers all may contribute to differences in the performance results of a Performance Peer Group compared to the applicable fund. With respect to relative performance of a fund compared to a benchmark index, differences, among other things, in the investment objective(s) and strategies of a fund and the benchmark (particularly an actively managed fund that does not directly follow an index) as well as the costs of operating a fund would necessarily contribute to differences in performance results and limit the value of the comparative performance information. To assist the Board in its review of the comparability of the relative performance, management generally has ranked the relevancy of the Performance Peer Groups to the Funds as low, medium or high. In its review of relative performance, the Board considered a Fund’s performance relative to its Performance Peer Group, among other things, by evaluating its quartile ranking with the 1st quartile representing the top performing funds within the Performance Peer Group and the 4th quartile representing the lowest performing funds.

The Board evaluated performance in light of various relevant factors which may include, among other things, general market conditions, issuer- specific information, asset class information, leverage and fund cash flows. The Board considered that long-term performance could be impacted by even one period of significant outperformance or underperformance and that a single investment theme could disproportionately affect performance. Further, the Board considered that market and economic conditions may significantly impact a fund’s performance, particularly over shorter periods, and such performance may be more reflective of such economic or market events and not necessarily reflective of management skill. Although the Board reviews short-, intermediate- and longer-term performance data, the Board considered that longer periods of performance may reflect full market cycles.

In their review from year to year, the Board Members consider and may place different emphasis on the relevant information in light of changing circumstances in market and economic conditions. In evaluating performance, the Board focused particular attention on funds with less favorable performance records. However, depending on the facts and circumstances, including any differences between the respective fund and its benchmark and/or Performance Peer Group, the Board may be satisfied with a fund’s performance notwithstanding that its performance may be below that of its benchmark and/or peer group for certain periods. With respect to any funds for which the Board has identified performance issues, the Board seeks to monitor such funds more closely until performance improves, discuss with the Adviser the reasons for such results, consider whether any steps are necessary or appropriate to address such issues, discuss and evaluate the potential consequences of such steps and review the results of any steps undertaken.

The performance determinations with respect to each Fund are summarized below.

 

3


Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract (continued)

 

   

For Nuveen Inflation Linked Bond Fund (formerly, TIAA-CREF Inflation-Linked Bond Fund), the Board considered that although the Fund’s performance was below the performance of its benchmark for the three- and five-year periods ended December 31, 2023, the Fund essentially matched the performance of its benchmark for the one-year period and ranked in the second quartile of its Performance Peer Group for the one-, three- and five-year periods ended December 31, 2023. In addition, although the Fund’s performance was below the performance of its benchmark for the three- and five-year periods ended March 31, 2024, the Fund outperformed its benchmark for the one-year period and ranked in the second quartile of its Performance Peer Group for the one-, three- and five-year periods ended March 31, 2024. On the basis of the Board’s ongoing review of investment performance and all relevant factors, including the relative market conditions during certain reporting periods, the Fund’s investment objective(s) and management’s discussion of performance, the Board concluded that the Fund’s performance supported renewal of the Advisory Agreement.

 

   

For Nuveen Real Estate Securities Select Fund (formerly, TIAA-CREF Real Estate Securities Fund), the Board considered that although the Fund’s performance was below the performance of its benchmark for the three-year periods ended December 31, 2023 and March 31, 2024, the Fund outperformed its benchmark for the one- and five-year periods ended December 31, 2023 and March 31, 2024. In addition, although the Fund ranked in the fourth quartile of its Performance Peer Group for the three-year periods ended December 31, 2023 and March 31, 2024, the Fund ranked in the third quartile for the one-year periods and second quartile for the five-year periods ended December 31, 2023 and March 31, 2024, respectively. On the basis of the Board’s ongoing review of investment performance and all relevant factors, including the relative market conditions during certain reporting periods, the Fund’s investment objective(s) and management’s discussion of performance, the Board concluded that the Fund’s performance supported renewal of the Advisory Agreement.

 

C.

Fees, Expenses and Profitability

 

  1.

Fees and Expenses

As part of its annual review, the Board generally reviewed, among other things, the contractual management fee and net/actual management fee (i.e., the management fee after taking into consideration fee waivers and/or expense reimbursements, if any) paid by a Fund to the Adviser in light of the nature, extent and quality of the services provided. The Board also reviewed information about other expenses and the total operating expense ratio of each Fund (after any fee waivers and/or expense reimbursements). More specifically, the Board Members reviewed, among other things, each Fund’s management fee rates and net total expense ratio in relation to similar data for a comparable universe of funds (the “Expense Universe”) and for a more focused subset of comparable funds (the “Expense Group”) established by Broadridge (subject to certain exceptions). The Board Members reviewed the methodology Broadridge employed to establish its Expense Universe and Expense Group (as applicable) and considered that differences between the applicable fund and its respective Expense Universe and/or Expense Group, as well as changes to the composition of the Expense Universe and/or Expense Group from year to year, may limit some of the value of the comparative data. The Board Members also considered that it can be difficult to compare management fees among funds as there are variations in the services that are included for the fees paid. The Board Members took these limitations and differences into account when reviewing comparative peer data.

The Board Members considered a Fund’s operating expense ratio as it more directly reflected a shareholder’s total costs in investing in the respective fund. The Board Members also considered, in relevant part, a Fund’s management fee and net total expense ratio in light of the Fund’s performance history, including reviewing certain funds identified by management and/or the Board as having a higher net total expense ratio or management fee compared to their respective peers coupled with experiencing periods of challenged performance and considering the reasons for such comparative positions.

In their evaluation of the fee arrangements for the Funds, the Board Members also reviewed the management fee schedules and the expense reimbursements and/or fee waivers agreed to by the Adviser for the respective fund (if any). In its review, the Board considered that the management fees of the Nuveen funds were generally comprised of two components, a fund-level component and a complex- level component, each with its own breakpoint schedule, subject to certain exceptions. The Board considered that the complex-level component is intended to be an efficient mechanism designed to help share cost efficiencies with shareholders as the complex-wide assets grow. To extend the ability to share in savings as complex assets increase to the TC funds, the Board approved changes to the management fee schedule of certain TC funds (rebranded under the Nuveen name effective May 1, 2024) to include a complex-wide fee component with corresponding changes to the fund-level fee schedule and to phase in assets of the participating TC funds into the calculation of the complex size over a ten-year period. Participating Funds include each Fund. The Board considered management’s representation that there would be no increase to any participating TC fund’s respective advisory agreement fee rate. Rather, the change sought to allow shareholders of participating TC funds to benefit from breakpoints in the fee schedule as a result of increases in the size of the fund complex even if the size of a particular TC fund’s assets did not increase. In addition, in conjunction with the consolidation of the Nuveen funds and TC funds, the TC funds will phase out the separate administrative agreement pursuant to which TAL provided certain administrative services as well as the reimbursement to TAL of certain costs thereunder over a three-year period.

The Board’s considerations regarding the comparative fee data for each of the Funds are set forth below. With respect to the quartile rankings noted below, the first quartile represents the range of funds with the lowest management fee rate or net total expense ratio, as applicable, and the fourth quartile represents the range of funds with the highest management fee rate or net total expense ratio, as applicable. The Board considered that Broadridge only calculates quartiles if a minimum number of peers is available and therefore quartile rankings may not be available for certain Expense Groups and/or Expense Universes.

 

   

For Nuveen Inflation Linked Bond Fund, the Fund’s contractual management fee rate, actual management fee rate and net total expense ratio ranked in the first quartile of its Expense Group and Expense Universe. In addition, the Fund’s actual management fee rate and net total expense ratio were below the Expense Group median.

 

4


   

For Nuveen Real Estate Securities Select Fund, the Fund’s contractual management fee rate, actual management fee rate and net total expense ratio ranked in the first quartile of its Expense Group and Expense Universe. In addition, the Fund’s actual management fee rate and net total expense ratio were below the Expense Group median.

Based on its review of the information provided, the Board determined that each Fund’s management fees (as applicable) to the Adviser were reasonable in light of the nature, extent and quality of services provided to the Fund.

 

  2.

Comparisons with the Fees of Other Clients

In evaluating the appropriateness of fees, the Board also considered that the Adviser and/or its affiliate(s) provide investment management services to other types of clients which may include: separately managed accounts, retail managed accounts, foreign funds (UCITS), other investment companies (as sub-advisers), limited partnerships and collective investment trusts. The Board reviewed the equal weighted average fee or other fee data for the other types of clients managed in a similar manner to certain of the Nuveen funds and TC funds. The Board considered the Adviser’s rationale for the differences in the management fee rates of the funds compared to the management fee rates charged to these other types of clients. In this regard, the Board considered that differences, including but not limited to, the amount, type and level of services provided by the Adviser to the funds compared to that provided to other clients as well as differences in investment policies; regulatory, disclosure and governance requirements; servicing relationships with vendors; the manner of managing such assets; product structure; investor profiles; and account sizes all may contribute to variations in relative fee rates. Further, differences in the client base, governing bodies, distribution, jurisdiction and operational complexities also would contribute to variations in management fees assessed the funds compared to foreign fund clients. In addition, differences in the level of advisory services required for passively managed funds also contribute to differences in the management fee levels of such funds compared to actively managed funds. As a general matter, higher fee levels reflect higher levels of service provided by the Adviser, increased investment management complexity, greater product management requirements, and higher levels of business risk or some combination of these factors. The Board considered the wide range of services in addition to investment management that the Adviser had provided to the funds compared to other types of clients as well as the increased entrepreneurial, legal and regulatory risks that the Adviser incurs in sponsoring and managing the funds. The Board concluded that the varying levels of fees were reasonable given, among other things, the more extensive services, regulatory requirements and legal liabilities, and the entrepreneurial, legal and regulatory risks incurred in sponsoring and advising a registered investment company compared to that required in advising other types of clients.

 

  3.

Profitability of the Adviser

In their review, the Board Members reviewed a variety of profitability information relating to TAL as a result of its advisory services to the TC funds. In developing the profitability data, the Board Members considered the subjective nature of calculating profitability as the information is not audited and is necessarily dependent on cost allocation methodologies to allocate expenses throughout the complex and among the various advisory products. The Board Members received profitability data for TAL attributable to the TC funds in the aggregate and on a per-TC fund basis. The Board Members reviewed, among other things, TAL’s profitability margin (pre- and post-distribution expenses) for the TC funds for each year from 2014 to 2023 as well as TAL’s revenue, expenses and net earnings before federal income tax (pre- and post-distribution expenses) from the TC funds for the year ended December 31, 2023 and as compared to December 31, 2022. The Board reviewed the profitability margins (pre- and post-marketing and pre-tax) of TAL for the TC funds for the 2023 fiscal year compared to the profitability margins (pre-marketing (subject to exceptions) and post-marketing and pre-tax) of a peer group of certain asset management firms for the 2022 fiscal year (the most recent year data available). The Board considered that TAL had calculated that it earned profits (pre-distribution) for the one-year period ended December 31, 2023 with respect to each Fund. In evaluating profitability data, the Board Members considered the difficulty in calculating profitability particularly at the individual Fund level given that differing but reasonable allocation methodologies could be employed and lead to significantly different results. The Board Members also reviewed the unaudited financial statements for TAL dated December 31, 2023.

Aside from the profitability data, the Board considered that NFAL and TAL are affiliates of Teachers Insurance and Annuity Association of America (“TIAA”). NFAL is a subsidiary of Nuveen, LLC, the investment management arm of TIAA, and TAL is an indirect wholly owned subsidiary of TIAA. Accordingly, the Board also reviewed a balance sheet for TIAA reflecting its assets, liabilities and capital and contingency reserves for the 2023 and 2022 calendar years to consider the financial strength of TIAA. The Board considered the benefit of an investment adviser and its parent with significant resources, particularly during periods of market volatility. The Board also considered the reinvestments the Adviser, its parent and/or other affiliates made into their business through, among other things, the investment of seed capital in certain funds, initiatives in international expansion, investments in infrastructure and continued investments in enhancements to technological capabilities.

In evaluating the reasonableness of the compensation, the Board Members also considered the indirect benefits the Adviser received that were directly attributable to the management of the applicable funds as discussed in further detail below. Based on its review, the Board was satisfied that the Adviser’s level of profitability from its relationship with each Fund was not unreasonable over various time frames in light of the nature, extent and quality of services provided.

 

D.

Economies of Scale and Whether Fee Levels Reflect These Economies of Scale

The Board considered whether there have been economies of scale with respect to the management of the funds in the fund complex, including the Funds, whether these economies of scale have been appropriately shared with such funds and whether there is potential for realization of further economies of scale. Although the Board considered that economies of scale are difficult to measure with any precision and the rates at which certain expenses are incurred may not decline with a rise in assets, the Board considered that there are various methods that may be employed

 

5


Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract (continued)

to help share the benefits of economies of scale, including, among other things, through the use of breakpoints in the management fee schedule, fee waivers and/or expense limitations, the pricing of funds at scale at inception and investments in the Adviser’s business which can enhance the services provided to the applicable funds for the fees paid. The Board considered that the Adviser has generally employed one or more of these various methods among the applicable funds.

The Board considered that the management fee of TAL for the TC funds was comprised of only a fund-level fee. However, effective May 1, 2024, the Board approved the implementation of a complex-level component to the fee arrangement of certain TC funds pursuant to which the management fee would be comprised of a fund-level component and a complex-level component, subject to certain exceptions. Participating Funds in the complex-level component include each Fund. To implement the new structure, the fund-level component was reduced by an amount at least equal to the new complex-level fee component. The complex-level fee component contains its own breakpoint schedule which is designed to deliver the benefits of economies of scale to shareholders when the assets of eligible funds in the complex pass certain thresholds even if the assets of a particular fund are unchanged or have declined, and the fund-level breakpoint schedules (if any) are designed to share economies of scale with shareholders if the particular fund grows. The Board considered that the assets of the participating TC funds to be included in the calculation of the complex-wide fee would be phased into the complex-wide assets in determining the complex-level fee over a ten-year period. The Board reviewed the projected shareholder savings derived from such modifications to the complex-wide fee calculation over a ten-year period from 2024 to 2033. The Board considered management’s representation that there will be no increase to either Fund’s respective advisory agreement fee rate. Similarly, the Board considered that certain reimbursements of administrative costs to TAL under its administrative agreement will also be phased out over a three-year period.

In addition to the fund-level and complex-level fee schedules, the Board Members considered the contractual and/or voluntary expense caps (if any) applicable to a Fund. The Board considered that such waivers and reimbursements applicable to the respective funds are another means for potential economies of scale to be shared with shareholders of such funds and can provide a protection from an increase in expenses if the assets of the applicable funds decline.

The Board Members also considered the continued reinvestment in Nuveen/TIAA’s business to enhance its capabilities and services to the benefit of its various clients. The Board understood that many of these investments were not specific to individual funds, but rather incurred across a variety of products and services pursuant to which the family of funds as a whole may benefit. The Board further considered that the Adviser and its affiliates have provided certain additional services, including, but not limited to, services required by new regulations and regulatory interpretations, without raising advisory fees to the funds, and this was also a means of sharing economies of scale with the funds and their shareholders. The Board considered the Adviser’s and/or its affiliates’ ongoing efforts to streamline the product line-up, among other things, to create more scaled funds which may help improve both expense and trading economies.

Based on its review, the Board was satisfied that the current fee arrangements together with the reinvestment in management’s business appropriately shared any economies of scale with shareholders.

 

E.

Indirect Benefits

The Board Members received and considered information regarding various indirect benefits the Adviser or its affiliates may receive as a result of their relationship with the funds in the fund complex, including the Funds. These benefits included, among other things, economies of scale to the extent the Adviser or its affiliates share investment resources and/or personnel with other clients of the Adviser. The funds may also be used as investment options for other products or businesses offered by the Adviser and/or its affiliates, such as variable products, fund of funds and 529 education savings plans, and affiliates of the Adviser may serve as sub-advisers to various funds in which case all advisory and sub-advisory fees generated by such funds stay within Nuveen.

Further, the funds may pay the Adviser and/or its affiliates for other services, such as distribution. In this regard, the Board Members considered that an affiliate of the Adviser serves as principal underwriter providing distribution and/or shareholder services to the open-end funds for which it may be compensated. The Board Members also considered that certain share classes of the funds (subject to certain exceptions) pay 12b-1 fees, some of which may be retained by the Adviser’s affiliate.

The Board Members considered that TAL or its affiliates were reimbursed for certain costs of administrative services pursuant to an administrative agreement; however, such administrative agreement was anticipated to be phased out over time. In addition, the Board Members considered that the Adviser may utilize soft dollar brokerage arrangements attributable to the respective fund(s) to obtain research and other services for any or all of its clients, although the Board Members also considered that the Adviser reimburses the Funds for all such costs.

The Adviser and its affiliates may also benefit from the advisory relationships with the funds in the fund complex to the extent this relationship results in potential investors viewing the TIAA group of companies as a leading retirement plan provider in the academic and nonprofit market and a single source for all their financial service needs. The Adviser and/or its affiliates may further benefit to the extent that they have pricing or other information regarding vendors the funds utilize in establishing arrangements with such vendors for other products.

Based on its review, the Board concluded that any indirect benefits received by the Adviser as a result of its relationship with the Funds were reasonable in light of the services provided.

 

6


F.

Other Considerations

The Board Members did not identify any single factor discussed previously as all-important or controlling. The Board Members concluded that the terms of each Advisory Agreement were reasonable, that the Adviser’s fees were reasonable in light of the services provided to each Fund and that the Advisory Agreements be renewed for an additional one-year period.

 

7


Item 12.

Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.

Not applicable to open-end investment companies.


Item 13.

Portfolio Managers of Closed-End Management Investment Companies.

Not applicable to open-end investment companies.


Item 14.

Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.

Not applicable to open-end investment companies.


Item 15.

Submission of Matters to a Vote of Security Holders.

There have been no material changes to the procedures by which shareholders may recommend nominees to the registrant’s Board of Trustees implemented after the registrant last provided disclosure in response to this Item.


Item 16.

Controls and Procedures.

 

(a)

The registrant’s principal executive and principal financial officers, 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 (the “1940 Act”) (17 CFR 270.30a-3(c))) are effective, as of a date within 90 days of the filing date of this report that includes the disclosure required by this paragraph, based on their evaluation of the controls and procedures required by Rule 30a-3(b) under the 1940 Act (17 CFR 270.30a-3(b)) and Rules 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934, as amended (the “Exchange Act”) (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 1940 Act (17 CFR 270.30a-3(d)) that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting.


Item 17.

Disclosure of Securities Lending Activities for Closed-End Management Investment Companies.

 

(a)

Not applicable to open-end investment companies.

 

(b)

Not applicable to open-end investment companies.


Item 18.

Recovery of Erroneously Awarded Compensation.

 

(a)

Not applicable.

 

(b)

Not applicable.


Item 19.

Exhibits.

 

(a)(1)

Not applicable to this filing.

 

(a)(2)

Not applicable to this filing.

 

(a)(3)

Certifications pursuant to Rule 30a-2(a) under the Investment Company Act of 1940 and Section 302 of the Sarbanes-Oxley Act of 2002 are attached hereto.

 

(a)(4)

Not applicable.

 

(a)(5)

Not applicable.

 

(b)

Certification pursuant to Rule 30a-2(b) under the Investment Company Act of 1940 and Section 906 of the Sarbanes-Oxley Act of 2002 is attached hereto.

 


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.

TIAA-CREF Funds

 

Date: December 4, 2024

   By:   

/s/ Jordan M. Farris

      Jordan M. Farris
      Chief Administrative Officer

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.

 

Date: December 4, 2024

   By:   

/s/ Jordan M. Farris

      Jordan M. Farris
      Chief Administrative Officer
      (principal executive officer)

 

Date: December 4, 2024

   By:   

/s/ Marc Cardella

      Marc Cardella
      Vice President and Controller
      (principal financial officer)

 


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