Portfolio
of
Investments
April
30,
2026
NCLO
(Unaudited)
SHARES
DESCRIPTION
VALUE
LONG-TERM
INVESTMENTS
-
99.8%
INVESTMENT
COMPANIES
-
0.5%
789,939
State
Street
Institutional
US
Government
Money
Market
Fund
$
789,939
TOTAL
INVESTMENT
COMPANIES
(Cost
$789,939)
789,939
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
SECURITIZED
-
99.3%
$
1,500,000
(a),(b)
AGL
CLO
42
Ltd
(
TSFR3M
+
1
.800
%
)
5
.464
%
07/22/38
1,503,360
3,000,000
(a),(b)
AIMCO
CLO
(
TSFR3M
+
2
.850
%
)
6
.530
10/17/37
3,006,519
4,000,000
(a),(b)
AIMCO
CLO
(
TSFR3M
+
1
.800
%
)
5
.480
10/17/38
4,009,092
500,000
(a),(b)
AIMCO
CLO
16
Ltd
(
TSFR3M
+
1
.650
%
)
5
.330
07/17/37
500,896
1,600,000
(a)
AIMCO
CLO
18
Ltd
(
TSFR3M
+
1
.900
%
)
5
.575
07/20/37
1,602,678
1,250,000
(a)
AIMCO
CLO
18
Ltd
(
TSFR3M
+
2
.850
%
)
7
.175
07/20/37
1,251,922
840,000
(a),(b)
AIMCO
CLO
22
Ltd
(
TSFR3M
+
3
.400
%
)
7
.075
04/19/37
841,402
550,000
(a),(b)
Allegro
CLO
XII
Ltd
(
TSFR3M
+
3
.500
%
)
7
.172
07/21/37
549,394
2,500,000
(a),(b)
Anchorage
Capital
Clo
20
Ltd
(
TSFR3M
+
1
.950
%
)
5
.625
01/20/35
2,473,860
2,000,000
(a),(b)
Apidos
CLO
LI
Ltd
(
TSFR3M
+
1
.750
%
)
5
.418
01/20/38
2,002,418
500,000
(a),(b)
ARES
LX
CLO
LTD
(
TSFR3M
+
2
.850
%
)
6
.525
07/18/34
493,908
2,000,000
(a),(b)
Ares
LXXII
CLO
Ltd
(
TSFR3M
+
1
.700
%
)
5
.373
07/15/36
2,002,234
3,000,000
(a),(b)
Ares
LXXV
CLO
Ltd
(
TSFR3M
+
1
.850
%
)
6
.090
01/15/37
3,005,277
2,000,000
(a),(b)
ARES
XLIV
CLO
Ltd
(
TSFR3M
+
1
.500
%
)
5
.173
04/15/34
2,001,228
2,000,000
(a),(b)
Ares
XXXIV
CLO
Ltd
(
TSFR3M
+
2
.900
%
)
6
.580
07/17/38
2,009,292
500,000
(a),(b)
Ballyrock
CLO
21
Ltd
(
TSFR3M
+
6
.000
%
)
9
.668
10/20/37
492,147
1,470,000
(a),(b)
Barings
CLO
Ltd
2024-V
(
TSFR3M
+
3
.000
%
)
6
.673
07/15/38
1,472,783
500,000
(a),(b)
Barings
CLO
Ltd
2026-I
(
TSFR3M
+
6
.050
%
)
9
.715
04/15/39
501,512
2,000,000
(a),(b)
Benefit
Street
Partners
Clo
41
Ltd
(
TSFR3M
+
2
.750
%
)
6
.417
07/25/38
2,004,828
600,000
(a),(b)
Benefit
Street
Partners
CLO
IX
Ltd
(
TSFR3M
+
3
.100
%
)
6
.775
10/20/37
600,968
1,500,000
(a),(b)
Benefit
Street
Partners
CLO
XV
Ltd
(
TSFR3M
+
2
.000
%
)
5
.673
07/15/37
1,502,595
1,300,000
(a),(b)
Benefit
Street
Partners
CLO
XXIX
Ltd
(
TSFR3M
+
1
.750
%
)
5
.417
01/25/38
1,301,343
2,000,000
(a),(b)
Benefit
Street
Partners
CLO
XXXVIII
Ltd
(
TSFR3M
+
1
.800
%
)
5
.467
01/25/38
2,001,668
730,000
(a),(b)
Blueberry
Park
CLO
Ltd
(
TSFR3M
+
2
.900
%
)
6
.575
10/20/37
729,129
1,650,000
(a),(b)
Boyce
Park
CLO
Ltd
(
TSFR3M
+
1
.750
%
)
6
.367
04/21/35
1,653,455
2,000,000
(a),(b)
Boyce
Park
CLO
Ltd
(
TSFR3M
+
3
.100
%
)
6
.772
04/21/35
1,938,664
1,000,000
(a),(b)
CARLYLE
US
CLO
2021-2
LTD
(
TSFR3M
+
2
.850
%
)
6
.525
04/20/38
1,001,914
1,800,000
(a),(b)
CARLYLE
US
CLO
2023-4
LTD
(
TSFR3M
+
1
.550
%
)
5
.217
10/25/38
1,808,140
950,000
(a),(b)
CIFC
Funding
2021-IV
Ltd
(
TSFR3M
+
1
.900
%
)
5
.566
07/23/37
951,519
1,500,000
(a),(b)
CIFC
Funding
2021-VII
Ltd
(
TSFR3M
+
1
.750
%
)
5
.416
01/23/35
1,500,455
2,550,000
(a),(b)
CIFC
Funding
2024-III
Ltd
(
TSFR3M
+
2
.200
%
)
5
.872
07/21/37
2,556,217
2,000,000
(a),(b)
Davis
Park
CLO
Ltd
(
TSFR3M
+
3
.100
%
)
0
.000
07/20/38
1,969,272
1,800,000
(a),(b)
Elmwood
CLO
24
Ltd
(
TSFR3M
+
1
.750
%
)
5
.430
01/17/38
1,801,921
1,000,000
(a),(b)
Elmwood
CLO
III
Ltd
(
TSFR3M
+
3
.100
%
)
6
.775
07/18/37
1,001,700
1,750,000
(a),(b)
Elmwood
CLO
VIII
Ltd
(
TSFR3M
+
2
.500
%
)
6
.175
04/20/37
1,755,064
1,500,000
(a),(b)
Elmwood
CLO
XII
Ltd
(
TSFR3M
+
2
.000
%
)
5
.673
10/15/37
1,503,310
1,000,000
(a),(b)
Galaxy
36
CLO
Ltd
(
TSFR3M
+
1
.600
%
)
5
.273
10/15/38
1,002,462
3,370,000
(a),(b)
Goldentree
Loan
Management
US
Clo
17
Ltd
(
TSFR3M
+
1
.800
%
)
5
.684
01/20/39
3,377,970
1,000,000
(a),(b)
Golub
Capital
Partners
CLO
41B-R
Ltd
(
TSFR3M
+
1
.700
%
)
5
.375
07/20/38
1,003,527
250,000
(a),(b)
Golub
Capital
Partners
CLO
76
B
Ltd
(
TSFR3M
+
2
.900
%
)
6
.567
10/25/37
248,749
2,000,000
(a),(b)
Higley
Park
Clo
Ltd
(
TSFR3M
+
1
.650
%
)
5
.317
07/24/38
2,005,880
1,500,000
(a),(b)
Invesco
US
CLO
2023-3
Ltd
(
TSFR3M
+
1
.900
%
)
5
.572
07/15/38
1,504,264
500,000
(a),(b)
Invesco
US
CLO
2023-4
Ltd
(
TSFR3M
+
2
.850
%
)
6
.525
01/18/39
499,584
3,250,000
(a),(b)
Invesco
US
CLO
2024-3
Ltd
(
TSFR3M
+
2
.250
%
)
5
.925
07/20/37
3,257,423
1,000,000
(a),(b)
KKR
CLO
42
Ltd
(
TSFR3M
+
1
.650
%
)
5
.325
07/20/34
1,001,049
2,310,000
(a),(b)
KKR
CLO
51
Ltd
(
TSFR3M
+
1
.850
%
)
5
.734
10/20/37
2,318,247
750,000
(a),(b)
Magnetite
XIX
Ltd
(
TSFR3M
+
5
.100
%
)
8
.780
04/17/34
740,467
1,500,000
(a),(b)
Magnetite
Xli
Ltd
(
TSFR3M
+
1
.780
%
)
5
.447
01/25/38
1,503,533
1,000,000
(a),(b)
Magnetite
XXIII
Ltd
(
TSFR3M
+
1
.600
%
)
5
.267
01/25/35
998,422
2,000,000
(a),(b)
Magnetite
XXVI
Ltd
(
TSFR3M
+
1
.750
%
)
5
.417
01/25/38
2,002,646
1,500,000
(a),(b)
Magnetite
XXVII
Ltd
(
TSFR3M
+
1
.750
%
)
5
.425
10/20/38
1,502,796
1,000,000
(a),(b)
Magnetite
XXXII
Ltd
(
TSFR3M
+
1
.750
%
)
5
.423
10/15/37
996,761
Portfolio
of
Investments
April
30,
2026
(continued)
NCLO
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
SECURITIZED
(continued)
$
3,250,000
(a),(b)
MidOcean
Credit
CLO
XVI
(
TSFR3M
+
2
.000
%
)
6
.269
%
10/20/37
$
3,256,799
2,500,000
(a)
MidOcean
Credit
CLO
XVII
Ltd
(
TSFR3M
+
1
.950
%
)
5
.625
01/20/38
2,505,165
1,000,000
(a),(b)
Neuberger
Berman
CLO
XVI-S
Ltd
(
TSFR3M
+
1
.800
%
)
5
.473
04/15/39
1,001,394
500,000
(a),(b)
Neuberger
Berman
CLO
XXII
Ltd
(
TSFR3M
+
3
.150
%
)
6
.830
04/17/40
501,208
1,550,000
(a),(b)
Neuberger
Berman
Loan
Advisers
CLO
26
Ltd
(
TSFR3M
+
2
.000
%
)
5
.675
10/18/38
1,553,870
2,500,000
(a),(b)
Neuberger
Berman
Loan
Advisers
CLO
31
Ltd
(
TSFR3M
+
1
.750
%
)
5
.425
01/20/39
2,502,068
2,000,000
(a),(b)
Neuberger
Berman
Loan
Advisers
CLO
34
Ltd
(
TSFR3M
+
1
.850
%
)
5
.525
07/20/39
2,006,314
3,000,000
(a),(b)
Neuberger
Berman
Loan
Advisers
CLO
34
Ltd
(
TSFR3M
+
2
.850
%
)
6
.525
07/20/39
3,017,802
500,000
(a),(b)
Neuberger
Berman
Loan
Advisers
CLO
41
Ltd
(
TSFR3M
+
2
.800
%
)
6
.473
04/15/34
497,862
500,000
(a),(b)
Neuberger
Berman
Loan
Advisers
Clo
51
Ltd
(
TSFR3M
+
2
.800
%
)
6
.466
10/23/36
500,673
1,000,000
(a),(b)
Neuberger
Berman
Loan
Advisers
Lasalle
Street
Lending
CLO
I
Ltd
(
TSFR3M
+
3
.350
%
)
7
.018
10/25/36
1,002,178
750,000
(a),(b)
OCP
CLO
2018-15
Ltd
(
TSFR3M
+
2
.750
%
)
6
.418
01/20/38
751,229
250,000
(a),(b)
OCP
CLO
2020-18
Ltd
(
TSFR3M
+
3
.100
%
)
6
.775
07/20/37
250,349
1,000,000
(a),(b)
OCP
CLO
2023-30
LTD
(
TSFR3M
+
1
.800
%
)
5
.473
01/24/39
1,002,415
1,500,000
(a),(b)
OCP
CLO
2024-38
Ltd
(
TSFR3M
+
1
.600
%
)
5
.272
01/21/38
1,501,445
750,000
(a),(b)
OHA
Credit
Funding
2
LTD
(
TSFR3M
+
3
.700
%
)
7
.372
01/21/38
741,415
700,000
(a),(b)
OHA
Credit
Funding
21
Ltd
(
TSFR3M
+
1
.600
%
)
5
.275
10/20/38
701,119
750,000
(a),(b)
OHA
Credit
Funding
8
Ltd
(
TSFR3M
+
1
.750
%
)
5
.425
01/20/38
750,757
2,000,000
(a),(b)
OHA
Loan
Funding
2013-1
Ltd
(
TSFR3M
+
3
.300
%
)
6
.966
04/23/37
2,008,746
350,000
(a),(b)
Palmer
Square
CLO
2023-1
Ltd
(
TSFR3M
+
2
.650
%
)
6
.325
01/20/38
350,640
2,000,000
(a),(b)
Palmer
Square
CLO
2023-1
Ltd
(
TSFR3M
+
3
.750
%
)
7
.425
01/20/38
1,975,866
2,700,000
(a),(b)
Palmer
Square
CLO
2025-1
Ltd
(
TSFR3M
+
1
.700
%
)
5
.375
04/20/38
2,702,268
400,000
(a),(b)
Palmer
Square
Clo
2026-1
Ltd
(
TSFR3M
+
1
.650
%
)
5
.324
04/20/39
400,461
1,500,000
(a),(b)
REESE
PARK
CLO
LTD
(
TSFR3M
+
1
.900
%
)
5
.573
01/15/38
1,498,917
1,000,000
(a),(b)
Regatta
VI
Funding
Ltd
(
TSFR3M
+
2
.750
%
)
6
.425
10/20/38
1,001,450
500,000
(a),(b)
Riverbank
Park
Clo
Ltd
(
TSFR3M
+
1
.800
%
)
6
.092
01/25/38
500,612
3,000,000
(a),(b)
Serenity-Peace
Park
Clo
Ltd
(
TSFR3M
+
1
.600
%
)
5
.267
10/24/38
3,008,049
1,000,000
(a),(b)
Sixth
Street
CLO
XX
Ltd
(
TSFR3M
+
1
.650
%
)
5
.330
07/17/38
1,001,876
1,550,000
(a),(b)
TCW
CLO
2020-1
Ltd
(
TSFR3M
+
3
.400
%
)
7
.284
04/20/34
1,491,528
1,800,000
(a),(b)
Apidos
Clo
LIV
(
TSFR3M
+
1
.800
%
)
5
.475
10/20/38
1,802,437
1,000,000
(a),(b)
Benefit
Street
Partners
CLO
IV
Ltd
(
TSFR3M
+
1
.800
%
)
5
.475
10/20/38
1,002,164
2,500,000
(a),(b)
CARLYLE
US
CLO
2021-8
LTD
(
TSFR3M
+
1
.900
%
)
5
.573
10/15/38
2,508,062
2,000,000
(a),(b)
Elmwood
CLO
X
Ltd
(
TSFR3M
+
1
.950
%
)
5
.625
07/20/38
2,008,722
1,000,000
(a),(b)
Galaxy
XXII
CLO
Ltd
(
TSFR3M
+
1
.400
%
)
5
.080
04/16/34
1,000,979
1,500,000
(a),(b)
Golub
Capital
Partners
CLO,
LT
(
TSFR3M
+
1
.600
%
)
5
.310
01/20/39
1,505,101
500,000
(a),(b)
Invesco
CLO
2022-3
Ltd
(
TSFR3M
+
3
.200
%
)
7
.057
10/22/37
500,811
1,250,000
(a),(b)
Madison
Park
Funding
LI
Ltd
(
TSFR3M
+
2
.900
%
)
6
.784
10/19/38
1,252,854
2,000,000
(a),(b)
Magnetite
XXII
Ltd
(
TSFR3M
+
1
.600
%
)
5
.273
07/15/36
2,000,684
1,500,000
(a),(b)
Neuberger
Berman
Loan
Advisers
CLO
36R
Ltd
(
TSFR3M
+
1
.650
%
)
5
.325
07/20/39
1,503,296
1,000,000
(a),(b)
Neuberger
Berman
Loan
Advisers
CLO
45
Ltd
(
TSFR3M
+
1
.550
%
)
5
.219
10/14/36
1,000,703
1,500,000
(a),(b)
Neuberger
Berman
Loan
Advisers
CLO
47
Ltd
(
TSFR3M
+
2
.800
%
)
7
.005
04/16/35
1,488,044
3,500,000
(a),(b)
OCP
CLO
2025-40
Ltd
(
TSFR3M
+
1
.700
%
)
5
.594
04/16/38
3,502,940
500,000
(a),(b)
OCP
CLO
2025-44
Ltd
(
TSFR3M
+
1
.850
%
)
5
.517
10/24/38
501,647
3,500,000
(a),(b)
OHA
Credit
Funding
10-R
Ltd
(
TSFR3M
+
1
.800
%
)
5
.475
07/18/38
3,508,015
1,000,000
(a),(b)
Texas
Debt
Capital
CLO
2025-I
Ltd
(
TSFR3M
+
1
.550
%
)
5
.217
04/24/38
1,001,093
TOTAL
SECURITIZED
(Cost
$147,791,630)
147,337,891
TOTAL
LONG-TERM
INVESTMENTS
(Cost
$148,581,569)
$
148,127,830
OTHER
ASSETS
&
LIABILITIES,
NET
-
0.2%
286,636
NET
ASSETS
-
100%
$
148,414,466
Part
F
of
Form
N-PORT
was
prepared
in
accordance
with
U.S.
generally
accepted
accounting
principles
(“U.S.
GAAP”)
and
in
conformity
with
the
applicable
rules
and
regulations
of
the
U.S.
Securities
and
Exchange
Commission
(“SEC”)
related
to
interim
filings.
Part
F
of
Form
N-PORT
does
not
include
all
information
and
footnotes
required
by
U.S.
GAAP
for
complete
financial
statements.
Certain
footnote
disclosures
normally
included
in
financial
statements
prepared
in
accordance
with
U.S.
GAAP
have
been
condensed
or
omitted
from
this
report
pursuant
to
the
rules
of
the
SEC.
For
a
full
set
of
the
Fund’s
notes
to
financial
statements,
please
refer
to
the
Fund’s
most
recently
filed
annual
or
semi-annual
report.
Fair
Value
Measurements
The
Fund’s
investments
in
securities
are
recorded
at
their
estimated
fair
value
utilizing
valuation
methods
approved
by
the
Board
of
Directors/
Trustees.
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
which
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).
The
following
table
summarizes
the
market
value
of
the
Fund's
investments
as
of
the
end
of
the
reporting
period,
based
on
the
inputs
used
to
value
them:
CLO
Collateralized
Loan
Obligation
Reg
S
Regulation
S
allows
U.S.
companies
to
sell
securities
to
persons
or
entities
located
outside
of
the
United
States
without
registering
those
securities
with
the
Securities
and
Exchange
Commission.
Specifically,
Regulation
S
provides
a
safe
harbor
from
the
registration
requirements
of
the
Securities
Act
for
the
offers
and
sales
of
securities
by
both
foreign
and
domestic
issuers
that
are
made
outside
the
United
States.
TSFR3M
CME
Term
Secured
Overnight
Financing
Rate
3
Month
(a)
Floating
or
variable
rate
security
includes
the
reference
rate
and
spread,
when
applicable. For
mortgage-backed
or
asset-backed
securities
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
$141,978,126
or
95.8%
of
Total
Investments.
NCLO
Level
1
Level
2
Level
3
Total
Long-Term
Investments:
Investment
Companies
$
789,939
$
–
$
–
$
789,939
Securitized
–
147,337,891
–
147,337,891
Total
$
789,939
$
147,337,891
$
–
$
148,127,830
a
Portfolio
of
Investments
April
30,
2026
NCPB
(Unaudited)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
LONG-TERM
INVESTMENTS
-
98.1%
CORPORATE
DEBT
-
36.9%
FINANCIALS
-
15.1%
$
55,000
(a)
Acrisure
LLC
/
Acrisure
Finance
Inc
4
.250
%
02/15/29
$
52,531
20,000
(a)
Acrisure
LLC
/
Acrisure
Finance
Inc
6
.750
07/01/32
19,704
75,000
Agree
LP
4
.800
10/01/32
74,031
60,000
(a)
Alliant
Holdings
Intermediate
LLC
/
Alliant
Holdings
Co-Issuer
6
.750
04/15/28
60,687
40,000
(a)
Alliant
Holdings
Intermediate
LLC
/
Alliant
Holdings
Co-Issuer
6
.500
10/01/31
40,342
70,000
Aon
North
America
Inc
5
.450
03/01/34
71,536
30,000
(a)
APH
Somerset
Investor
2
LLC
/
APH2
Somerset
Investor
2
LLC
/
APH3
Somerset
Inves
7
.875
11/01/29
29,045
40,000
(a)
Ardonagh
Finco
Ltd
7
.750
02/15/31
40,835
200,000
(a)
Azule
Energy
Finance
Plc
8
.625
01/22/33
206,988
225,000
(a)
Banco
Nacional
de
Mexico
SA
6
.697
08/07/36
225,000
590,000
Bank
of
America
Corp
5
.162
01/24/31
600,976
300,000
Bank
of
America
Corp
0
.000
04/23/32
298,772
135,000
Bank
of
America
Corp
5
.744
02/12/36
137,608
75,000
(b)
Bank
of
America
Corp
6
.125
N/A
75,510
50,000
(b)
Bank
of
America
Corp
6
.625
N/A
51,568
50,000
(b)
Bank
of
New
York
Mellon
Corp/The
6
.300
N/A
51,646
55,000
Berkshire
Hathaway
Finance
Corp
3
.850
03/15/52
41,495
126,000
(a),(b)
BNP
Paribas
SA
7
.450
N/A
130,527
50,000
(a)
BPCE
SA
5
.417
01/13/37
48,861
30,000
(b)
Citigroup
Inc
6
.625
N/A
30,368
70,000
(b)
Citigroup
Inc
7
.625
N/A
72,794
31,000
(a)
Compass
Group
Diversified
Holdings
LLC
5
.250
04/15/29
29,224
200,000
(a),(b)
Credit
Agricole
SA
7
.125
N/A
207,287
75,000
(a)
DNB
Bank
ASA
4
.832
03/30/32
74,893
40,000
(a)
Encore
Capital
Group
Inc
6
.625
04/15/31
40,653
55,000
(a)
FirstCash
Inc
6
.875
03/01/32
56,368
55,000
(a)
Five
Corners
Funding
Trust
II
2
.850
05/15/30
51,366
40,000
(a)
Genesee
&
Wyoming
Inc
6
.250
04/15/32
40,940
210,000
Goldman
Sachs
Group
Inc/The
5
.536
01/28/36
213,435
80,000
(b)
Goldman
Sachs
Group
Inc/The
7
.500
N/A
84,099
100,000
Healthcare
Realty
Holdings
LP
2
.000
03/15/31
87,382
50,000
Healthcare
Realty
Holdings
LP
2
.050
03/15/31
43,496
50,000
Highwoods
Realty
LP
2
.600
02/01/31
44,433
200,000
(b)
HSBC
Holdings
PLC
8
.000
N/A
208,531
45,000
(a)
HUB
International
Ltd
7
.250
06/15/30
46,551
50,000
(b)
Huntington
Bancshares
Inc/OH
5
.625
N/A
50,540
60,000
Icahn
Enterprises
LP
/
Icahn
Enterprises
Finance
Corp
5
.250
05/15/27
59,424
65,000
(a)
Jane
Street
Group
/
JSG
Finance
Inc
6
.125
11/01/32
65,342
20,000
(a)
Jane
Street
Group
/
JSG
Finance
Inc
6
.750
05/01/33
20,546
645,000
JPMorgan
Chase
&
Co
4
.851
07/25/28
648,518
145,000
JPMorgan
Chase
&
Co
5
.103
04/22/31
147,725
245,000
JPMorgan
Chase
&
Co
5
.572
04/22/36
252,033
55,000
(b)
JPMorgan
Chase
&
Co
6
.875
N/A
57,295
50,000
(b)
JPMorgan
Chase
&
Co
3
.650
N/A
49,909
40,000
Kennedy-Wilson
Inc
4
.750
03/01/29
39,562
100,000
MetLife
Inc
6
.350
03/15/55
102,366
25,000
(a)
Molina
Healthcare
Inc
6
.250
01/15/33
24,974
305,000
Morgan
Stanley
5
.664
04/17/36
313,312
210,000
Morgan
Stanley
Bank
NA
4
.968
07/14/28
211,239
290,000
Morgan
Stanley
Private
Bank
NA
4
.465
11/19/31
286,152
40,000
MPT
Operating
Partnership
LP
/
MPT
Finance
Corp
3
.500
03/15/31
28,671
20,000
(a)
MPT
Operating
Partnership
LP
/
MPT
Finance
Corp
8
.500
02/15/32
20,778
200,000
(a)
Muthoot
Finance
Ltd
5
.750
08/04/30
198,306
50,000
Navient
Corp
5
.500
03/15/29
48,056
45,000
(a)
Omnis
Funding
Trust
6
.722
05/15/55
46,154
65,000
OneMain
Finance
Corp
5
.375
11/15/29
64,074
40,000
OneMain
Finance
Corp
6
.125
05/15/30
39,986
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
FINANCIALS
(continued)
$
20,000
OneMain
Finance
Corp
6
.500
%
03/15/33
$
19,589
85,000
(a)
Panther
Escrow
Issuer
LLC
7
.125
06/01/31
85,398
40,000
(a)
PennyMac
Financial
Services
Inc
7
.875
12/15/29
41,503
20,000
(a)
PennyMac
Financial
Services
Inc
6
.875
05/15/32
19,780
150,000
Piedmont
Operating
Partnership
LP
9
.250
07/20/28
163,329
25,000
(b)
PNC
Financial
Services
Group
Inc/The
3
.400
N/A
24,691
30,000
(b)
PNC
Financial
Services
Group
Inc/The
6
.200
N/A
30,200
40,000
Prudential
Financial
Inc
5
.200
03/14/35
40,207
70,000
Prudential
Financial
Inc
5
.125
03/01/52
68,224
50,000
Prudential
Financial
Inc
6
.500
03/15/54
51,485
60,000
Reinsurance
Group
of
America
Inc
5
.750
09/15/34
61,362
20,000
(a)
Rocket
Cos
Inc
6
.125
08/01/30
20,297
40,000
(a)
Rocket
Cos
Inc
6
.375
08/01/33
40,488
55,000
(a)
Rocket
Mortgage
LLC
/
Rocket
Mortgage
Co-Issuer
Inc
4
.000
10/15/33
49,553
350,000
Royal
Bank
of
Canada
6
.750
08/24/85
356,192
25,000
(a)
Ryan
Specialty
LLC
5
.875
08/01/32
24,996
200,000
Saudi
Awwal
Bank
,
Reg
S
5
.947
09/04/35
199,150
25,000
(a)
Starwood
Property
Trust
Inc
6
.500
07/01/30
25,614
85,000
(b)
State
Street
Corp
6
.700
N/A
87,590
160,000
(b)
Truist
Financial
Corp
6
.669
N/A
160,061
115,000
UnitedHealth
Group
Inc
5
.350
02/15/33
118,350
110,000
UnitedHealth
Group
Inc
5
.500
07/15/44
106,736
55,000
UnitedHealth
Group
Inc
5
.050
04/15/53
48,706
25,000
(a)
UWM
Holdings
LLC
6
.625
02/01/30
23,994
50,000
Ventas
Realty
LP
5
.000
01/15/35
49,216
20,000
(a)
Walker
&
Dunlop
Inc
6
.625
04/01/33
19,889
40,000
Wells
Fargo
&
Co
4
.611
04/25/53
33,142
100,000
(b)
Wells
Fargo
&
Co
6
.125
N/A
100,347
100,000
(b)
Wells
Fargo
&
Co
7
.625
N/A
105,002
35,000
(a)
Wynnton
Funding
Trust
5
.251
08/15/35
34,510
TOTAL
FINANCIALS
8,574,045
GOVERNMENT
AGENCY
-
0.2%
102,000
(a)
OCP
SA
5
.125
06/23/51
81,553
TOTAL
GOVERNMENT
AGENCY
81,553
INDUSTRIAL
-
18.4%
40,000
(a)
1011778
BC
ULC
/
New
Red
Finance
Inc
6
.125
06/15/29
40,706
50,000
(a)
ADT
Security
Corp/The
4
.875
07/15/32
47,618
60,000
(a)
AECOM
6
.000
08/01/33
60,490
40,000
(a)
Ahead
DB
Holdings
LLC
6
.625
05/01/28
39,592
40,000
(a)
Albertsons
Cos
Inc
/
Safeway
Inc
/
New
Albertsons
LP
/
Albertsons
LLC
6
.500
02/15/28
40,475
20,000
(a)
Albertsons
Cos
Inc
/
Safeway
Inc
/
New
Albertsons
LP
/
Albertsons
LLC
5
.500
03/31/31
19,889
15,000
(a)
Albertsons
Cos
Inc
/
Safeway
Inc
/
New
Albertsons
LP
/
Albertsons
LLC
6
.250
03/15/33
15,133
40,000
(a)
Albertsons
Cos
Inc
/
Safeway
Inc
/
New
Albertsons
LP
/
Albertsons
LLC
5
.750
03/31/34
38,941
20,000
(a)
Albion
Financing
1
SARL
/
Aggreko
Holdings
Inc
7
.000
05/21/30
20,660
100,000
Amcor
Group
Finance
PLC
5
.450
05/23/29
102,367
190,000
Amgen
Inc
5
.650
03/02/53
182,709
30,000
(a)
AMN
Healthcare
Inc
6
.500
01/15/31
29,895
80,000
Anheuser-Busch
Cos
LLC
/
Anheuser-Busch
InBev
Worldwide
Inc
4
.700
02/01/36
78,164
36,000
Anheuser-Busch
Cos
LLC
/
Anheuser-Busch
InBev
Worldwide
Inc
4
.900
02/01/46
32,565
50,000
(a)
Antero
Midstream
Partners
LP
/
Antero
Midstream
Finance
Corp
6
.625
02/01/32
51,273
20,000
(a)
Antero
Midstream
Partners
LP
/
Antero
Midstream
Finance
Corp
5
.750
10/15/33
19,960
50,000
(a)
Archrock
Partners
LP
/
Archrock
Partners
Finance
Corp
6
.625
09/01/32
51,448
30,000
(a)
Arsenal
AIC
Parent
LLC
8
.000
10/01/30
31,363
40,000
(a)
Asbury
Automotive
Group
Inc
5
.000
02/15/32
38,357
35,000
(a)
ASGN
Inc
4
.625
05/15/28
32,716
50,000
AT&T
Inc
5
.850
04/30/46
48,240
260,000
AT&T
Inc
3
.500
09/15/53
168,380
155,000
AT&T
Inc
3
.800
12/01/57
103,318
Portfolio
of
Investments
April
30,
2026
(continued)
NCPB
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
INDUSTRIAL
(continued)
$
150,000
Augusta
SpinCo
Corp
4
.656
%
03/23/31
$
149,673
15,000
Augusta
SpinCo
Corp
5
.245
03/23/36
14,939
20,000
(a)
Avient
Corp
6
.250
11/01/31
20,290
30,000
(a)
Bath
&
Body
Works
Inc
6
.625
10/01/30
30,403
40,000
Baxter
International
Inc
4
.450
02/15/29
39,612
200,000
(a)
Bidvest
Group
UK
PLC/The
6
.200
09/17/32
200,595
110,000
Block
Inc
6
.500
05/15/32
112,096
20,000
(a)
Block
Inc
6
.000
08/15/33
19,961
70,000
Boeing
Co/The
6
.528
05/01/34
76,553
170,000
Boeing
Co/The
5
.805
05/01/50
165,657
95,000
Broadcom
Inc
4
.300
01/15/31
94,238
50,000
Broadcom
Inc
4
.950
01/15/36
49,507
25,000
(a)
Buckeye
Partners
LP
6
.750
02/01/30
25,862
20,000
(a)
CACI
International
Inc
6
.375
06/15/33
20,461
40,000
(a)
Caesars
Entertainment
Inc
6
.500
02/15/32
38,866
40,000
(a)
Caesars
Entertainment
Inc
6
.000
10/15/32
35,849
11,000
(a)
CCO
Holdings
LLC
/
CCO
Holdings
Capital
Corp
5
.125
05/01/27
10,988
35,000
(a)
CCO
Holdings
LLC
/
CCO
Holdings
Capital
Corp
4
.500
08/15/30
32,647
30,000
(a)
CCO
Holdings
LLC
/
CCO
Holdings
Capital
Corp
4
.250
02/01/31
27,248
30,000
(a)
Chart
Industries
Inc
7
.500
01/01/30
31,144
110,000
Charter
Communications
Operating
LLC
/
Charter
Communications
Operating
Capital
6
.550
06/01/34
113,758
195,000
Cheniere
Energy
Partners
LP
4
.500
10/01/29
194,000
20,000
(a)
Chord
Energy
Corp
6
.000
10/01/30
20,386
40,000
(a)
Chord
Energy
Corp
6
.750
03/15/33
41,623
40,000
(a)
CHS/Community
Health
Systems
Inc
5
.250
05/15/30
37,769
50,000
(a)
Churchill
Downs
Inc
5
.750
04/01/30
49,837
25,000
(a)
Clarios
Global
LP
/
Clarios
US
Finance
Co
6
.750
02/15/30
25,830
45,000
(a)
CNX
Resources
Corp
7
.250
03/01/32
46,883
25,000
(a)
Commercial
Metals
Co
6
.000
12/15/35
24,975
20,000
(a)
Concentra
Health
Services
Inc
6
.875
07/15/32
20,726
55,000
(a)
Cushman
&
Wakefield
US
Borrower
LLC
6
.750
05/15/28
55,005
45,000
CVS
Health
Corp
5
.450
09/15/35
45,424
170,000
CVS
Health
Corp
5
.050
03/25/48
146,669
40,000
(a)
DaVita
Inc
4
.625
06/01/30
38,722
55,000
(a)
DaVita
Inc
6
.875
09/01/32
56,771
40,000
(a)
DaVita
Inc
6
.750
07/15/33
41,243
25,000
(a)
Directv
Financing
LLC
/
Directv
Financing
Co-Obligor
Inc
10
.000
02/15/31
26,012
30,000
Eaton
Corp
4
.800
03/06/36
29,533
35,000
Enbridge
Inc
8
.500
01/15/84
39,869
30,000
Encompass
Health
Corp
4
.500
02/01/28
29,767
120,000
Enterprise
Products
Operating
LLC
4
.450
02/15/43
104,503
20,000
(a)
Esab
Corp
6
.250
04/15/29
20,264
20,000
(a)
Fair
Isaac
Corp
6
.000
05/15/33
19,725
50,000
(a)
Ferrellgas
LP
/
Ferrellgas
Finance
Corp
5
.875
04/01/29
48,807
200,000
(a)
Ford
Otomotiv
Sanayi
AS
7
.125
04/25/29
203,231
35,000
(a)
Gen
Digital
Inc
6
.750
09/30/27
35,144
20,000
(a)
Gen
Digital
Inc
6
.250
04/01/33
19,490
155,000
General
Motors
Financial
Co
Inc
5
.350
01/07/30
158,072
20,000
(b)
General
Motors
Financial
Co
Inc
5
.750
N/A
19,828
20,000
Genesis
Energy
LP
/
Genesis
Energy
Finance
Corp
7
.875
05/15/32
20,968
20,000
(a)
Global
Medical
Response
Inc
7
.375
10/01/32
20,849
20,000
(a)
Goat
Holdco
LLC
6
.750
02/01/32
20,495
30,000
Goodyear
Tire
&
Rubber
Co/The
5
.000
07/15/29
28,778
55,000
Goodyear
Tire
&
Rubber
Co/The
5
.250
04/30/31
50,122
54,000
(a)
Gray
Media
Inc
10
.500
07/15/29
57,331
40,000
(a)
Gray
Media
Inc
7
.250
08/15/33
40,730
180,000
(a),(c)
Grupo
Aeromexico
SAB
de
CV
8
.250
11/15/29
174,721
65,000
Haleon
US
Capital
LLC
3
.625
03/24/32
61,211
140,000
HCA
Inc
5
.250
03/01/30
142,573
45,000
HCA
Inc
6
.200
03/01/55
44,517
20,000
(a)
Herc
Holdings
Inc
6
.625
06/15/29
20,493
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
INDUSTRIAL
(continued)
$
20,000
(a)
Herc
Holdings
Inc
7
.000
%
06/15/30
$
20,807
20,000
(a)
Herc
Holdings
Inc
7
.250
06/15/33
20,945
25,000
Hexcel
Corp
4
.900
05/15/31
25,013
60,000
(a)
Hilcorp
Energy
I
LP
/
Hilcorp
Finance
Co
6
.250
04/15/32
59,607
45,000
(a)
Hilcorp
Energy
I
LP
/
Hilcorp
Finance
Co
8
.375
11/01/33
48,119
72,000
(a)
Hilton
Domestic
Operating
Co
Inc
5
.875
04/01/29
72,990
50,000
(a)
Honeywell
Aerospace
Inc
4
.950
03/16/36
49,433
55,000
(a)
Honeywell
Aerospace
Inc
5
.732
03/16/56
54,095
35,000
(a)
HUT
8
DC
LLC
6
.192
11/15/42
35,290
20,000
(a)
Iliad
Holding
SAS
8
.500
04/15/31
21,218
20,000
(a)
Iliad
Holding
SAS
7
.000
04/15/32
20,305
60,000
(a)
Ingram
Micro
Inc
4
.750
05/15/29
58,960
60,000
(a)
IQVIA
Inc
6
.250
06/01/32
61,104
55,000
(a)
Iron
Mountain
Inc
7
.000
02/15/29
56,207
40,000
(a)
Iron
Mountain
Inc
6
.250
01/15/33
40,620
50,000
(a)
Kinetik
Holdings
LP
6
.625
12/15/28
51,005
25,000
(a)
Kodiak
Gas
Services
LLC
5
.875
04/01/31
25,182
20,000
(a)
Kodiak
Gas
Services
LLC
6
.500
10/01/33
20,458
20,000
(a)
Kodiak
Gas
Services
LLC
6
.750
10/01/35
20,775
40,000
Kohl's
Corp
5
.125
05/01/31
32,714
70,000
L3Harris
Technologies
Inc
5
.400
07/31/33
71,832
40,000
Lamar
Media
Corp
4
.875
01/15/29
39,716
30,000
(a)
LCM
Investments
Holdings
II
LLC
8
.250
08/01/31
31,427
40,000
(a)
Level
3
Financing
Inc
6
.875
06/30/33
41,281
60,000
(a)
Level
3
Financing
Inc
7
.000
03/31/34
62,234
40,000
(a)
Level
3
Financing
Inc
8
.500
01/15/36
42,840
30,000
(a)
Light
&
Wonder
International
Inc
7
.500
09/01/31
31,265
20,000
(a)
Light
&
Wonder
International
Inc
6
.250
10/01/33
19,834
70,000
Marathon
Petroleum
Corp
4
.750
09/15/44
60,173
30,000
(a)
Marriott
Ownership
Resorts
Inc
4
.500
06/15/29
28,687
155,000
(a)
Mars
Inc
4
.800
03/01/30
156,570
55,000
(a)
Mars
Inc
5
.200
03/01/35
55,491
120,000
(a)
Mars
Inc
5
.700
05/01/55
116,764
20,000
(a)
Masterbrand
Inc
7
.000
07/15/32
19,891
20,000
(a)
Matador
Resources
Co
6
.250
04/15/33
20,339
30,000
(a)
McGraw-Hill
Education
Inc
7
.375
09/01/31
30,997
50,000
Meta
Platforms
Inc
6
.200
05/15/46
50,060
125,000
Meta
Platforms
Inc
5
.625
11/15/55
114,777
50,000
Meta
Platforms
Inc
6
.300
05/15/56
50,077
30,000
MGM
Resorts
International
6
.125
09/15/29
30,394
200,000
(a)
Millicom
International
Cellular
SA
7
.375
04/02/32
206,940
20,000
(a)
Millrose
Properties
Inc
6
.250
09/15/32
20,088
40,000
(a)
Mineral
Resources
Ltd
9
.250
10/01/28
41,516
20,000
(a)
Mineral
Resources
Ltd
7
.000
04/01/31
20,759
20,000
(a)
Miter
Brands
Acquisition
Holdco
Inc
/
MIWD
Borrower
LLC
6
.750
04/01/32
19,769
20,000
(a)
NCL
Corp
Ltd
5
.875
01/15/31
19,466
20,000
(a)
NCL
Corp
Ltd
6
.250
09/15/33
19,357
30,000
Newell
Brands
Inc
6
.375
09/15/27
30,207
30,000
(a)
Noble
Finance
II
LLC
8
.000
04/15/30
31,202
20,000
(a)
Olin
Corp
6
.625
04/01/33
19,813
125,000
ONEOK
Inc
5
.700
11/01/54
113,995
50,000
(a)
Open
Text
Holdings
Inc
4
.125
02/15/30
45,012
65,000
Oracle
Corp
4
.450
09/26/30
62,693
100,000
Oracle
Corp
6
.700
02/04/56
92,160
60,000
O'Reilly
Automotive
Inc
4
.200
04/01/30
59,162
30,000
(a)
Organon
&
Co
/
Organon
Foreign
Debt
Co-Issuer
BV
4
.125
04/30/28
29,610
55,000
(a)
Organon
&
Co
/
Organon
Foreign
Debt
Co-Issuer
BV
5
.125
04/30/31
54,651
30,000
(a)
PBF
Holding
Co
LLC
/
PBF
Finance
Corp
7
.875
09/15/30
30,753
30,000
(a)
Permian
Resources
Operating
LLC
7
.000
01/15/32
31,207
40,000
(a)
Phinia
Inc
6
.625
10/15/32
40,981
45,000
(a)
Post
Holdings
Inc
6
.250
02/15/32
45,859
40,000
(a)
Post
Holdings
Inc
6
.375
03/01/33
39,984
Portfolio
of
Investments
April
30,
2026
(continued)
NCPB
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
INDUSTRIAL
(continued)
$
35,000
(a)
Primo
Water
Holdings
Inc
/
Triton
Water
Holdings
Inc
4
.375
%
04/30/29
$
34,156
40,000
(a)
Qnity
Electronics
Inc
5
.750
08/15/32
40,385
20,000
(a)
Qnity
Electronics
Inc
6
.250
08/15/33
20,463
50,000
(a)
QTS
Fayetteville
I
Dc1-2
LLC
/
QTS
TRS
Fayetteville
I
DC1-2
LLC
5
.700
04/15/36
48,630
20,000
(a)
Quikrete
Holdings
Inc
6
.375
03/01/32
20,316
40,000
(a)
QXO
Building
Products
Inc
6
.750
04/30/32
40,802
100,000
RTX
Corp
6
.000
03/15/31
106,272
20,000
(a)
Science
Applications
International
Corp
5
.875
11/01/33
19,727
40,000
Service
Corp
International/US
5
.750
10/15/32
40,353
45,000
(a)
Sirius
XM
Radio
LLC
4
.125
07/01/30
41,872
30,000
(a)
Sirius
XM
Radio
LLC
3
.875
09/01/31
27,158
200,000
(a)
Sisecam
UK
PLC
8
.375
01/23/33
204,002
60,000
(a)
Six
Flags
Entertainment
6
.625
05/01/32
61,067
20,000
(a)
Solstice
Advanced
Materials
Inc
5
.625
09/30/33
19,894
40,000
(a)
Standard
Building
Solutions
Inc
6
.250
08/01/33
39,974
20,000
(a)
Stonepeak
Nile
Parent
LLC
7
.250
03/15/32
20,926
50,000
(a)
Sunoco
LP
7
.000
05/01/29
51,633
40,000
(a)
Sunoco
LP
4
.625
05/01/30
38,902
20,000
(a)
Sunoco
LP
5
.625
03/31/31
20,074
20,000
(a)
Sunoco
LP
5
.875
03/15/34
19,928
50,000
(a)
Sunrise
FinCo
I
BV
4
.875
07/15/31
48,036
42,000
Tenet
Healthcare
Corp
6
.125
10/01/28
42,106
75,000
Tenet
Healthcare
Corp
4
.375
01/15/30
72,659
59,000
Teva
Pharmaceutical
Finance
Netherlands
III
BV
3
.150
10/01/26
58,577
105,000
T-Mobile
USA
Inc
5
.125
05/15/32
106,257
130,000
T-Mobile
USA
Inc
5
.300
05/15/35
130,984
40,000
T-Mobile
USA
Inc
5
.875
11/15/55
38,657
65,000
TotalEnergies
Capital
SA
5
.488
04/05/54
62,494
25,000
Transcanada
Trust
5
.500
09/15/79
24,876
45,000
(a)
TransDigm
Inc
6
.875
12/15/30
46,377
40,000
(a)
TransDigm
Inc
6
.000
01/15/33
40,382
21,000
(a)
Transocean
International
Ltd
8
.750
02/15/30
21,995
100,000
(a)
United
Rentals
North
America
Inc
5
.375
11/15/33
98,878
20,000
(a)
Uniti
Services
LLC
7
.500
10/15/33
21,057
35,000
(a)
Univision
Communications
Inc
4
.500
05/01/29
33,394
40,000
(a)
USA
Compression
Partners
LP
/
USA
Compression
Finance
Corp
7
.125
03/15/29
41,337
20,000
(a)
USA
Compression
Partners
LP
/
USA
Compression
Finance
Corp
6
.250
10/01/33
20,182
45,000
(a)
Venture
Global
Calcasieu
Pass
LLC
4
.125
08/15/31
42,154
55,000
(a)
Venture
Global
LNG
Inc
9
.875
02/01/32
59,007
20,000
(a)
Venture
Global
Plaquemines
LNG
LLC
6
.500
01/15/34
20,950
165,000
Verizon
Communications
Inc
4
.780
02/15/35
160,104
45,000
(a)
Viking
Baked
Goods
Acquisition
Corp
8
.625
11/01/31
45,946
30,000
(a)
VistaJet
Malta
Finance
PLC
/
Vista
Management
Holding
Inc
6
.375
02/01/30
28,094
45,000
(a)
Vmed
O2
UK
Financing
I
PLC
4
.750
07/15/31
38,929
40,000
Vodafone
Group
PLC
5
.125
06/04/81
31,498
30,000
Walmart
Inc
2
.500
09/22/41
21,539
35,000
Walmart
Inc
4
.500
04/15/53
30,330
20,000
(a)
Wand
NewCo
3
Inc
7
.625
01/30/32
20,821
20,000
(a)
Wayfair
LLC
7
.250
10/31/29
20,495
30,000
(a)
WESCO
Distribution
Inc
7
.250
06/15/28
30,075
20,000
(a)
WESCO
Distribution
Inc
6
.375
03/15/33
20,658
20,000
(a)
WEX
Inc
6
.500
03/15/33
19,920
40,000
Williams
Cos
Inc/The
5
.650
03/15/33
41,423
50,000
(a)
Windsor
Holdings
III
LLC
8
.500
06/15/30
52,194
25,000
(a)
Windstream
Services
LLC
/
Windstream
Escrow
Finance
Corp
8
.250
10/01/31
26,442
40,000
(a)
Wynn
Resorts
Finance
LLC
/
Wynn
Resorts
Capital
Corp
6
.250
03/15/33
40,196
70,000
(a)
ZF
North
America
Capital
Inc
6
.750
04/23/30
69,538
TOTAL
INDUSTRIAL
10,477,277
UTILITY
-
3.2%
130,000
AEP
Transmission
Co
LLC
5
.400
03/15/53
122,353
50,000
Alphabet
Inc
3
.700
02/15/29
49,432
100,000
Alphabet
Inc
4
.100
02/15/31
98,827
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
UTILITY
(continued)
$
80,000
Amazon.com
Inc
4
.875
%
03/13/36
$
78,827
35,000
Amazon.com
Inc
5
.800
03/13/56
34,448
15,000
American
Water
Capital
Corp
5
.700
09/01/55
14,670
70,000
Atmos
Energy
Corp
5
.000
12/15/54
62,374
25,000
(a)
California
Buyer
Ltd
/
Atlantica
Sustainable
Infrastructure
PLC
6
.375
02/15/32
24,848
40,000
(a)
Clearway
Energy
Operating
LLC
4
.750
03/15/28
39,746
35,000
CMS
Energy
Corp
6
.500
06/01/55
35,860
200,000
(a)
Comision
Federal
de
Electricidad
0
.000
01/28/34
197,476
25,000
Commonwealth
Edison
Co
5
.950
06/01/55
25,278
20,000
(a)
ContourGlobal
Power
Holdings
SA
6
.750
02/28/30
20,300
55,000
Dominion
Energy
Inc
3
.300
04/15/41
40,928
35,000
Dominion
Energy
Inc
7
.000
06/01/54
37,320
50,000
Dominion
Energy
Inc
6
.625
05/15/55
51,137
45,000
DTE
Electric
Co
5
.400
04/01/53
42,693
60,000
Duke
Energy
Carolinas
LLC
4
.250
12/15/41
51,801
55,000
Duke
Energy
Carolinas
LLC
5
.400
01/15/54
51,790
50,000
Exelon
Corp
6
.500
03/15/55
51,707
120,000
Florida
Power
&
Light
Co
4
.800
05/15/33
120,235
95,000
Georgia
Power
Co
2
.650
09/15/29
89,975
65,000
NRG
Energy
Inc
5
.750
01/15/28
65,076
40,000
(a)
NRG
Energy
Inc
6
.000
02/01/33
40,309
20,000
(a)
NRG
Energy
Inc
6
.250
11/01/34
20,233
30,000
(a)
Pattern
Energy
Operations
LP
/
Pattern
Energy
Operations
Inc
4
.500
08/15/28
29,475
50,000
PECO
Energy
Co
2
.800
06/15/50
30,554
50,000
Public
Service
Co
of
Colorado
4
.050
09/15/49
38,240
75,000
(a)
Talen
Energy
Supply
LLC
8
.625
06/01/30
78,292
40,000
(a)
Talen
Energy
Supply
LLC
6
.250
02/01/34
39,701
40,000
(a)
Talen
Energy
Supply
LLC
6
.500
02/01/36
40,151
40,000
(a)
TerraForm
Power
Operating
LLC
4
.750
01/15/30
38,753
50,000
Wisconsin
Public
Service
Corp
4
.250
01/15/31
49,492
30,000
(a)
XPLR
Infrastructure
Operating
Partners
LP
8
.375
01/15/31
32,057
TOTAL
UTILITY
1,844,358
TOTAL
CORPORATE
DEBT
(Cost
$20,948,386)
20,977,233
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
GOVERNMENT
RELATED
-
3.9%
FINANCIALS
-
0.3%
200,000
(a)
Banco
do
Brasil
SA/Cayman
5
.625
10/23/31
198,800
TOTAL
FINANCIALS
198,800
GOVERNMENT
AGENCY
-
1.0%
194,000
Aeropuerto
Internacional
de
Tocumen
SA
,
Reg
S
4
.000
08/11/41
165,273
200,000
(a)
Corp
Nacional
del
Cobre
de
Chile
6
.150
10/24/36
208,676
225,000
(a)
Petronas
Capital
Ltd
2
.480
01/28/32
202,454
TOTAL
GOVERNMENT
AGENCY
576,403
SOVEREIGN
DEBT
-
2.6%
204,000
Colombia
Government
International
Bond
5
.000
06/15/45
154,724
250,000
(a)
Eagle
Funding
Luxco
Sarl
5
.500
08/17/30
251,925
200,000
(a)
Egypt
Government
International
Bond
8
.500
01/31/47
181,836
250,000
(a)
Hungary
Government
International
Bond
2
.125
09/22/31
217,191
200,000
(a)
Ivory
Coast
Government
International
Bond
6
.125
06/15/33
195,086
150,000
Republic
of
Poland
Government
International
Bond
5
.375
02/12/35
152,848
110,000
Republic
of
South
Africa
Government
International
Bond
6
.250
03/08/41
101,385
200,000
(a)
Saudi
Government
International
Bond
5
.000
01/16/34
200,242
TOTAL
SOVEREIGN
DEBT
1,455,237
TOTAL
GOVERNMENT
RELATED
(Cost
$2,189,943)
2,230,440
Portfolio
of
Investments
April
30,
2026
(continued)
NCPB
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
SECURITIZED
-
39.9%
$
250,000
(a),(d)
ARDN
2025-ARCP
Mortgage
Trust
(
TSFR1M
+
2
.000
%
)
5
.655
%
06/15/35
$
250,531
100,000
(a),(d)
BAMLL
Trust
2025-ASHF
(
TSFR1M
+
2
.350
%
)
6
.005
02/15/42
100,194
100,000
Barclays
Commercial
Mortgage
Trust
2019-C4
3
.469
08/15/52
82,949
250,000
(a),(d)
BBCMS
Trust
2015-SRCH
5
.122
08/10/35
232,930
150,000
(a),(d)
BBCMS
Trust
2018-CBM
(
TSFR1M
+
1
.297
%
)
4
.952
07/15/37
146,210
150,000
(d)
Benchmark
2018-B1
Mortgage
Trust
3
.878
01/15/51
146,799
200,000
(d)
Benchmark
2018-B2
Mortgage
Trust
4
.432
02/15/51
132,711
100,000
(d)
Benchmark
2018-B3
Mortgage
Trust
4
.553
04/10/51
85,478
250,000
Benchmark
2019-B14
Mortgage
Trust
3
.493
12/15/62
204,875
150,000
(a),(d)
BLP
Commercial
Mortgage
Trust
(
TSFR1M
+
2
.050
%
)
5
.705
12/15/42
150,584
100,000
(a),(d)
BX
Commercial
Mortgage
Trust
2024-BRBK
(
TSFR1M
+
4
.874
%
)
8
.538
10/15/41
100,086
175,000
(a)
Canon
Music
Issuer
Trust
5
.521
05/01/76
175,707
100,000
(d)
Cantor
Commercial
Real
Estate
Lending
2019-CF1
4
.352
05/15/52
82,437
100,000
(a),(e),(f)
Castlelake
Aircraft
Structured
Trust
2026-2
5
.333
04/15/51
100,000
250,000
(a),(d)
CIFC
Funding
2021-II
(
TSFR3M
+
1
.550
%
)
5
.222
01/15/39
250,748
100,000
(d)
Citigroup
Commercial
Mortgage
Trust
2015-GC29
4
.106
04/10/48
89,549
100,000
(d)
Citigroup
Commercial
Mortgage
Trust
2016-P3
4
.271
04/15/49
97,936
100,000
(d)
Citigroup
Commercial
Mortgage
Trust
2017-C4
4
.096
10/12/50
97,390
220,000
(a),(d)
COLT
2025-12
Mortgage
Loan
Trust
5
.681
01/26/71
216,164
150,000
(d)
COMM
2018-COR3
Mortgage
Trust
4
.668
05/10/51
129,649
50,000
(a),(d)
Connecticut
Avenue
Securities
Trust
2022-R03
(
SOFR30A
+
9
.850
%
)
14
.823
03/25/42
53,578
305,000
(a),(d)
Connecticut
Avenue
Securities
Trust
2023-R04
(
SOFR30A
+
3
.550
%
)
7
.195
05/25/43
317,908
25,000
(a),(d)
Connecticut
Avenue
Securities
Trust
2023-R05
(
SOFR30A
+
3
.100
%
)
6
.745
06/25/43
25,851
185,000
(a),(d)
Connecticut
Avenue
Securities
Trust
2023-R05
(
SOFR30A
+
4
.750
%
)
8
.395
06/25/43
196,856
100,000
(a)
Consolidated
Communications
LLC/Fidium
Fiber
Finance
Holdco
LLC
5
.522
12/20/55
100,931
100,000
(a)
Crescendo
Royalty
Funding
LP
3
.567
12/20/51
99,522
150,000
CSAIL
2019-C17
Commercial
Mortgage
Trust
3
.278
09/15/52
136,763
150,000
(a)
DataBank
Issuer
5
.811
02/25/56
150,391
99,750
(a)
DB
Master
Finance
LLC
4
.891
08/20/55
99,022
150,000
(a),(d)
DBSG
2024-ALTA
Mortgage
Trust
6
.595
06/10/37
151,224
150,000
(a)
Domino's
Pizza
Master
Issuer
LLC
4
.930
07/25/55
149,570
98,952
(a)
EQT
Trust
2024-EXTR
5
.331
07/05/41
100,379
220,970
Fannie
Mae
Pool
FN
MA4512
2
.500
01/01/52
186,472
183,310
Fannie
Mae
Pool
FN
MA4548
2
.500
02/01/52
154,450
185,302
Fannie
Mae
Pool
FN
CB2795
3
.000
02/01/52
162,641
54,209
Fannie
Mae
Pool
FN
MA4578
2
.500
04/01/52
45,647
325,138
Fannie
Mae
Pool
FN
FS1533
3
.000
04/01/52
288,383
151,686
Fannie
Mae
Pool
FN
MA4579
3
.000
04/01/52
133,114
74,852
Fannie
Mae
Pool
FN
FS7299
3
.000
05/01/52
66,323
509,708
Fannie
Mae
Pool
FN
MA4600
3
.500
05/01/52
464,261
615,714
Fannie
Mae
Pool
FN
MA4684
4
.500
06/01/52
594,962
603,793
Fannie
Mae
Pool
FN
MA4700
4
.000
08/01/52
568,380
137,750
Fannie
Mae
Pool
FN
MA4737
5
.000
08/01/52
136,429
408,571
Fannie
Mae
Pool
FN
MA4733
4
.500
09/01/52
394,800
373,089
Fannie
Mae
Pool
FN
MA4783
4
.000
10/01/52
350,763
89,782
Fannie
Mae
Pool
FN
MA4784
4
.500
10/01/52
86,811
242,992
Fannie
Mae
Pool
FN
MA4785
5
.000
10/01/52
240,724
52,710
Fannie
Mae
Pool
FN
MA4804
4
.000
11/01/52
49,526
452,031
Fannie
Mae
Pool
FN
MA4805
4
.500
11/01/52
436,655
533,898
Fannie
Mae
Pool
FN
MA4978
5
.000
04/01/53
528,613
55,249
Fannie
Mae
Pool
FN
MA5009
5
.000
05/01/53
54,700
376,198
Fannie
Mae
Pool
FN
MA5039
5
.500
06/01/53
379,528
41,998
Fannie
Mae
Pool
FN
MA5089
4
.000
07/01/53
39,450
37,593
Fannie
Mae
Pool
FN
MA5106
5
.000
08/01/53
37,179
180,064
Fannie
Mae
Pool
FN
MA5107
5
.500
08/01/53
181,634
643,455
Fannie
Mae
Pool
FN
MA5165
5
.500
10/01/53
648,755
65,431
Fannie
Mae
Pool
FN
MA5247
6
.000
01/01/54
66,840
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
SECURITIZED
(continued)
$
1,064,510
Fannie
Mae
Pool
FN
FA0197
4
.000
%
02/01/54
$
1,002,316
212,276
Fannie
Mae
Pool
FN
MA5295
6
.000
03/01/54
216,721
514,061
Fannie
Mae
Pool
FN
MA5331
5
.500
04/01/54
517,029
459,312
Fannie
Mae
Pool
FN
MA5353
5
.500
05/01/54
462,111
121,054
Fannie
Mae
Pool
FN
MA5497
5
.500
10/01/54
121,705
57,502
Fannie
Mae
REMICS
3
.500
04/25/52
44,699
66,518
(a),(d)
Flagstar
Mortgage
Trust
2021-5INV
2
.500
07/25/51
54,778
300,000
(a),(d)
FNA
9
LLC
5
.509
04/16/46
300,014
391,367
Freddie
Mac
Pool
FR
RA6766
2
.500
02/01/52
334,447
281,572
Freddie
Mac
Pool
FR
SD8213
3
.000
05/01/52
247,098
11,865
Freddie
Mac
Pool
FR
SD8220
3
.000
06/01/52
10,412
658,116
Freddie
Mac
Pool
FR
SD8231
4
.500
07/01/52
636,003
476,058
Freddie
Mac
Pool
FR
SD8329
5
.000
06/01/53
471,321
24,190
Freddie
Mac
Pool
FR
SD4999
5
.000
08/01/53
23,932
27,951
Freddie
Mac
REMICS
2
.000
09/25/50
19,156
185,000
(a),(d)
Freddie
Mac
STACR
REMIC
Trust
2022-DNA3
(
SOFR30A
+
5
.650
%
)
8
.647
04/25/42
192,698
45,584
Ginnie
Mae
II
Pool
G2
MA7419
3
.000
06/20/51
40,633
109,097
Ginnie
Mae
II
Pool
G2
MA7768
3
.000
12/20/51
97,280
191,576
Ginnie
Mae
II
Pool
G2
MA7989
3
.500
04/20/52
174,526
239,992
Ginnie
Mae
II
Pool
G2
MA8149
3
.500
07/20/52
218,819
366,702
Ginnie
Mae
II
Pool
G2
MA8267
4
.000
09/20/52
345,952
172,930
Ginnie
Mae
II
Pool
G2
MA8489
4
.500
12/20/52
168,032
37,129
Ginnie
Mae
II
Pool
G2
MA8724
4
.500
03/20/53
36,059
27,283
Government
National
Mortgage
Association
3
.500
09/20/49
21,966
250,000
(d)
GS
Mortgage
Securities
Trust
2017-GS5
3
.826
03/10/50
239,438
100,000
GS
Mortgage
Securities
Trust
2017-GS7
4
.236
08/10/50
91,171
100,000
(d)
GS
Mortgage
Securities
Trust
2020-GC45
3
.173
02/13/53
92,599
55,108
(a),(d)
GS
Mortgage-Backed
Securities
Corp
Trust
2020-PJ6
2
.500
05/25/51
45,380
91,556
(a),(d)
GS
Mortgage-Backed
Securities
Trust
2022-LTV2
4
.362
12/25/52
82,640
150,000
(a),(d)
Houston
Galleria
Mall
Trust
2025-HGLR
5
.644
02/05/45
153,684
185,000
(a),(d)
HTL
Commercial
Mortgage
Trust
2024-T53
6
.774
05/10/39
186,613
70,175
(a)
Imperial
Fund
Mortgage
Trust
2022-NQM2
4
.638
03/25/67
67,019
250,000
(a),(d)
IP
2025-IP
Mortgage
Trust
5
.425
06/10/42
252,317
179,393
(a),(d)
J.P.
Morgan
Mortgage
Trust
2021-INV8
3
.278
05/25/52
150,620
96,630
(a),(d)
J.P.
Morgan
Mortgage
Trust
2022-6
3
.000
11/25/52
82,648
140,000
(a)
Jersey
Mike's
Funding
LLC
4
.952
02/15/56
138,977
71,036
(a),(d)
JP
Morgan
Mortgage
Trust
3
.000
05/25/54
60,890
68,625
(a),(d)
JP
Morgan
Mortgage
Trust
2017-5
4
.725
10/26/48
68,585
69,793
(a),(d)
JP
Morgan
Mortgage
Trust
2021-11
2
.500
01/25/52
57,694
69,466
(a),(d)
JP
Morgan
Mortgage
Trust
2021-7
2
.500
11/25/51
57,206
177,830
(a),(d)
JP
Morgan
Mortgage
Trust
2021-INV4
3
.204
01/25/52
145,102
178,049
(a),(d)
JP
Morgan
Mortgage
Trust
2021-INV6
3
.345
04/25/52
146,793
42,853
(a),(d)
JP
Morgan
Mortgage
Trust
2022-LTV1
3
.250
07/25/52
38,295
150,000
JPMDB
Commercial
Mortgage
Securities
Trust
2017-C5
3
.694
03/15/50
148,291
100,000
(d)
JPMDB
Commercial
Mortgage
Securities
Trust
2017-C5
3
.858
03/15/50
92,551
100,000
JPMDB
Commercial
Mortgage
Securities
Trust
2017-C7
3
.985
10/15/50
94,652
200,000
(a)
Kinetic
ABS
Issuer
LLC
5
.219
02/25/56
199,844
150,000
(a)
LIGHTPATH
FIBER
ISSUER
LLC
5
.597
03/25/56
150,723
100,000
(a)
Lmdv
Issuer
Co
LLC
5
.310
12/15/55
99,730
100,000
(a)
MetroNet
Infrastructure
Issuer
LLC
5
.163
12/20/55
100,144
79,062
(a),(d)
Morgan
Stanley
Residential
Mortgage
Loan
Trust
2023-1
4
.000
02/25/53
72,130
100,000
(a),(d)
MTN
Commercial
Mortgage
Trust
2022-LPFL
(
TSFR1M
+
2
.394
%
)
3
.673
03/15/39
99,935
100,000
(a)
NMEF
Funding
2026-A
LLC
5
.220
02/15/34
98,959
249,792
(a)
OHS
Issuer
LLC
5
.980
02/25/61
245,922
175,000
(a)
One
Bryant
Park
Trust
2019-OBP
2
.516
09/15/54
162,096
100,000
(a)
Planet
Fitness
Master
Issuer
LLC
5
.274
12/06/55
99,742
300,000
(a)
QTS
Issuer
ABS
II
LLC
5
.364
01/05/56
295,945
198,811
(a),(d)
Sequoia
Mortgage
Trust
2020-1
3
.854
02/25/50
156,250
96,548
(a),(d)
Sequoia
Mortgage
Trust
2025-S2
4
.000
11/25/55
88,681
185,107
(a)
Sierra
Timeshare
2024-3
Receivables
Funding
LLC
4
.980
08/20/41
185,049
100,000
(a)
Sotheby's
Artfi
Master
Trust
6
.800
06/20/33
99,828
Portfolio
of
Investments
April
30,
2026
(continued)
NCPB
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
SECURITIZED
(continued)
$
150,000
(a),(d)
SYCA
Commercial
Mortgage
Trust
2025-WAG
5
.884
%
11/10/42
$
149,512
147,375
(a)
Taco
Bell
Funding
LLC
2
.294
08/25/51
137,005
150,000
(a)
Taco
Bell
Funding
LLC
4
.821
08/25/55
148,624
150,000
(a),(d)
TX
Trust
2024-HOU
(
TSFR1M
+
1
.591
%
)
5
.246
06/15/39
150,176
100,000
(d)
UBS
Commercial
Mortgage
Trust
2018-C11
4
.713
06/15/51
95,124
114,000
(d)
UBS
Commercial
Mortgage
Trust
2018-C13
4
.585
10/15/51
110,983
100,000
(a)
Uniti
Fiber
Abs
Issuer
LLC
5
.177
01/20/56
99,442
220,000
(a)
VB-S1
Issuer
LLC
4
.693
03/15/56
215,394
150,000
(a),(d)
WCORE
Commercial
Mortgage
Trust
2024-CORE
(
TSFR1M
+
1
.842
%
)
5
.496
11/15/41
150,449
150,000
(d)
Wells
Fargo
Commercial
Mortgage
Trust
2024-C63
5
.820
08/15/57
154,569
98,583
(a)
Willis
Engine
Structured
Trust
IX
5
.159
12/15/50
98,128
TOTAL
SECURITIZED
(Cost
$22,532,426)
22,667,218
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
U.S.
TREASURY
-
17.4%
246,000
United
States
Treasury
Note/Bond
3
.375
02/29/28
243,848
200,000
United
States
Treasury
Note/Bond
3
.500
01/15/29
197,922
791,000
United
States
Treasury
Note/Bond
3
.500
02/28/31
773,326
47,000
United
States
Treasury
Note/Bond
4
.125
05/31/32
46,960
8,000
United
States
Treasury
Note/Bond
4
.000
07/31/32
7,932
266,000
United
States
Treasury
Note/Bond
4
.250
08/15/35
263,672
1,643,000
United
States
Treasury
Note/Bond
4
.125
02/15/36
1,608,343
333,000
United
States
Treasury
Note/Bond
4
.125
08/15/44
299,388
2,652,000
United
States
Treasury
Note/Bond
4
.625
11/15/44
2,543,123
160,000
United
States
Treasury
Note/Bond
4
.750
02/15/45
155,781
440,000
United
States
Treasury
Note/Bond
5
.000
05/15/45
441,719
395,000
United
States
Treasury
Note/Bond
4
.875
08/15/45
390,124
150,000
United
States
Treasury
Note/Bond
4
.625
11/15/45
143,320
250,000
United
States
Treasury
Note/Bond
4
.625
02/15/46
238,750
2,451,000
United
States
Treasury
Note/Bond
4
.750
05/15/55
2,356,502
190,000
United
States
Treasury
Note/Bond
4
.625
11/15/55
179,194
TOTAL
U.S.
TREASURY
(Cost
$10,142,539)
9,889,904
TOTAL
LONG-TERM
INVESTMENTS
(Cost
$55,813,294)
55,764,795
SHARES
DESCRIPTION
RATE
VALUE
INVESTMENTS
PURCHASED
WITH
COLLATERAL
FROM
SECURITIES
LENDING
-
0.2%
138,546
(g)
State
Street
Navigator
Securities
Lending
Government
Money
Market
Portfolio
3
.670
(h)
$
138,546
TOTAL
INVESTMENTS
PURCHASED
WITH
COLLATERAL
FROM
SECURITIES
LENDING
(Cost
$138,546)
138,546
TOTAL
INVESTMENTS
-
98
.3
%
(Cost
$
55,951,840
)
55,903,341
OTHER
ASSETS
&
LIABILITIES,
NET
-
1.7%
980,179
NET
ASSETS
-
100%
$
56,883,520
Reg
S
Regulation
S
allows
U.S.
companies
to
sell
securities
to
persons
or
entities
located
outside
of
the
United
States
without
registering
those
securities
with
the
Securities
and
Exchange
Commission.
Specifically,
Regulation
S
provides
a
safe
harbor
from
the
registration
requirements
of
the
Securities
Act
for
the
offers
and
sales
of
securities
by
both
foreign
and
domestic
issuers
that
are
made
outside
the
United
States.
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
Part
F
of
Form
N-PORT
was
prepared
in
accordance
with
U.S.
generally
accepted
accounting
principles
(“U.S.
GAAP”)
and
in
conformity
with
the
applicable
rules
and
regulations
of
the
U.S.
Securities
and
Exchange
Commission
(“SEC”)
related
to
interim
filings.
Part
F
of
Form
N-PORT
does
not
include
all
information
and
footnotes
required
by
U.S.
GAAP
for
complete
financial
statements.
Certain
footnote
disclosures
normally
included
in
financial
statements
prepared
in
accordance
with
U.S.
GAAP
have
been
condensed
or
omitted
from
this
report
pursuant
to
the
rules
of
the
SEC.
For
a
full
set
of
the
Fund’s
notes
to
financial
statements,
please
refer
to
the
Fund’s
most
recently
filed
annual
or
semi-annual
report.
Fair
Value
Measurements
The
Fund’s
investments
in
securities
are
recorded
at
their
estimated
fair
value
utilizing
valuation
methods
approved
by
the
Board
of
Directors/
Trustees.
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
which
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).
The
following
table
summarizes
the
market
value
of
the
Fund's
investments
as
of
the
end
of
the
reporting
period,
based
on
the
inputs
used
to
value
them:
(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
$19,285,640
or
34.5%
of
Total
Investments.
(b)
Perpetual
security.
Maturity
date
is
not
applicable.
(c)
Investment,
or
a
portion
of
investment,
is
out
on
loan
for
securities
lending.
The
total
value
of
the
securities
out
on
loan
as
of
the
end
of
the
reporting
period
was
$136,146.
(d)
Floating
or
variable
rate
security
includes
the
reference
rate
and
spread,
when
applicable. For
mortgage-backed
or
asset-backed
securities
the
variable
rate
is
based
on
the
underlying
asset
of
the
security.
Coupon
rate
reflects
the
rate
at
period
end.
(e)
For
fair
value
measurement
disclosure
purposes,
investment
classified
as
Level
3.
(f)
When-issued
or
delayed
delivery
security.
(g)
The
Fund
may
loan
securities
representing
up
to
one
third
of
the
value
of
its
total
assets
(which
includes
collateral
for
securities
on
loan)
to
broker
dealers,
banks,
and
other
institutions.
The
collateral
maintained
by
the
Fund
shall
have
a
value,
at
the
inception
of
each
loan,
equal
to
not
less
than
100%
of
the
value
of
the
loaned
securities.
The
cash
collateral
received
by
the
Fund
is
invested
in
this
money
market
fund.
(h)
The
rate
shown
is
the
one-day
yield
as
of
the
end
of
the
reporting
period.
NCPB
Level
1
Level
2
Level
3
Total
Long-Term
Investments:
Corporate
Debt
$
–
$
20,977,233
$
–
$
20,977,233
Government
Related
–
2,230,440
–
2,230,440
Securitized
–
22,567,218
100,000
22,667,218
U.S.
Treasury
–
9,889,904
–
9,889,904
Investments
Purchased
with
Collateral
from
Securities
Lending
138,546
–
–
138,546
Total
$
138,546
$
55,664,795
$
100,000
$
55,903,341
a
Portfolio
of
Investments
April
30,
2026
NUAG
(Unaudited)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
LONG-TERM
INVESTMENTS
-
97.8%
CORPORATE
DEBT
-
32.5%
FINANCIALS
-
11.4%
$
30,000
AerCap
Ireland
Capital
DAC
/
AerCap
Global
Aviation
Trust
6
.450
%
04/15/27
$
30,551
5,000
AerCap
Ireland
Capital
DAC
/
AerCap
Global
Aviation
Trust
4
.625
10/15/27
5,008
1,000
AerCap
Ireland
Capital
DAC
/
AerCap
Global
Aviation
Trust
3
.000
10/29/28
964
150,000
AerCap
Ireland
Capital
DAC
/
AerCap
Global
Aviation
Trust
6
.150
09/30/30
157,478
23,000
AerCap
Ireland
Capital
DAC
/
AerCap
Global
Aviation
Trust
5
.375
12/15/31
23,473
138,000
AerCap
Ireland
Capital
DAC
/
AerCap
Global
Aviation
Trust
3
.300
01/30/32
126,137
10,000
Aetna
Inc
6
.750
12/15/37
10,879
4,000
Aetna
Inc
4
.500
05/15/42
3,358
10,000
Aetna
Inc
4
.750
03/15/44
8,449
10,000
Affiliated
Managers
Group
Inc
3
.300
06/15/30
9,409
5,000
Alexandria
Real
Estate
Equities
Inc
3
.375
08/15/31
4,600
20,000
Alexandria
Real
Estate
Equities
Inc
4
.750
04/15/35
18,902
50,000
Allstate
Corp/The
5
.250
03/30/33
50,965
15,000
Allstate
Corp/The
4
.500
06/15/43
12,841
16,000
Allstate
Corp/The
3
.850
08/10/49
11,850
10,000
Ally
Financial
Inc
4
.750
06/09/27
10,026
10,000
Ally
Financial
Inc
7
.100
11/15/27
10,358
68,000
Ally
Financial
Inc
2
.200
11/02/28
64,189
86,000
Ally
Financial
Inc
8
.000
11/01/31
96,059
60,000
American
Express
Co
5
.915
04/25/35
62,377
10,000
American
Financial
Group
Inc/OH
4
.500
06/15/47
8,120
5,000
American
Homes
4
Rent
LP
5
.500
02/01/34
5,070
15,000
American
International
Group
Inc
5
.750
04/01/48
15,078
5,000
American
National
Group
Inc
5
.000
06/15/27
4,985
9,000
American
National
Group
Inc
5
.750
10/01/29
9,120
19,000
Aon
Corp
2
.800
05/15/30
17,710
1,000
Aon
Corp
/
Aon
Global
Holdings
PLC
2
.600
12/02/31
893
55,000
Aon
Corp
/
Aon
Global
Holdings
PLC
5
.350
02/28/33
56,279
15,000
Aon
North
America
Inc
5
.125
03/01/27
15,098
150,000
Aon
North
America
Inc
5
.750
03/01/54
144,301
30,000
Apollo
Debt
Solutions
BDC
5
.875
08/30/30
29,723
10,000
Ares
Capital
Corp
2
.875
06/15/27
9,758
60,000
Ares
Capital
Corp
5
.500
09/01/30
59,202
10,000
Ares
Capital
Corp
5
.100
01/15/31
9,698
20,000
Ares
Management
Corp
5
.600
10/11/54
17,933
50,000
Ares
Strategic
Income
Fund
5
.600
02/15/30
49,083
50,000
Arthur
J
Gallagher
&
Co
5
.150
02/15/35
49,519
30,000
Arthur
J
Gallagher
&
Co
6
.750
02/15/54
32,337
100,000
Arthur
J
Gallagher
&
Co
5
.750
07/15/54
95,420
7,000
Assurant
Inc
3
.700
02/22/30
6,721
10,000
Assurant
Inc
2
.650
01/15/32
8,765
70,000
Athene
Holding
Ltd
4
.125
01/12/28
69,266
1,000
Athene
Holding
Ltd
6
.150
04/03/30
1,033
18,000
Athene
Holding
Ltd
3
.450
05/15/52
11,030
30,000
Athene
Holding
Ltd
6
.250
04/01/54
27,583
5,000
AXIS
Specialty
Finance
LLC
3
.900
07/15/29
4,899
7,000
AXIS
Specialty
Finance
PLC
4
.000
12/06/27
6,946
10,000
Bain
Capital
Specialty
Finance
Inc
5
.950
03/15/30
9,803
44,000
Banco
Santander
SA
2
.749
12/03/30
39,800
100,000
Banco
Santander
SA
6
.938
11/07/33
112,156
10,000
Banco
Santander
SA
6
.350
03/14/34
10,573
30,000
Bank
of
America
Corp
2
.299
07/21/32
26,533
170,000
Bank
of
America
Corp
2
.972
02/04/33
154,033
99,000
Bank
of
America
Corp
5
.468
01/23/35
101,145
155,000
Bank
of
America
Corp
2
.676
06/19/41
111,370
15,000
Bank
of
Montreal
7
.300
11/26/84
15,803
50,000
Bank
of
New
York
Mellon
Corp/The
5
.085
04/23/37
49,615
40,000
Bank
of
Nova
Scotia/The
4
.588
05/04/37
38,393
30,000
Bank
of
Nova
Scotia/The
8
.625
10/27/82
31,496
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
FINANCIALS
(continued)
$
11,000
BankUnited
Inc
5
.125
%
06/11/30
$
10,971
65,000
Barclays
PLC
4
.836
05/09/28
65,065
43,000
Barclays
PLC
5
.088
06/20/30
43,194
24,000
Barclays
PLC
3
.811
03/10/42
18,772
57,000
Barclays
PLC
6
.036
03/12/55
58,442
20,000
BGC
Group
Inc
8
.000
05/25/28
21,047
15,000
Blackstone
Private
Credit
Fund
3
.250
03/15/27
14,755
20,000
Blackstone
Private
Credit
Fund
4
.000
01/15/29
19,038
20,000
Blackstone
Private
Credit
Fund
5
.950
07/16/29
20,012
20,000
Blackstone
Private
Credit
Fund
6
.250
01/25/31
19,979
50,000
Blackstone
Private
Credit
Fund
5
.950
05/15/31
49,175
11,000
Blackstone
Secured
Lending
Fund
2
.125
02/15/27
10,739
10,000
Blackstone
Secured
Lending
Fund
5
.300
06/30/30
9,742
1,000
Blue
Owl
Capital
Corp
2
.625
01/15/27
982
25,000
Blue
Owl
Capital
Corp
3
.125
04/13/27
24,451
10,000
(a)
Blue
Owl
Capital
Corp
6
.200
07/15/30
9,932
14,000
Blue
Owl
Credit
Income
Corp
4
.700
02/08/27
13,921
30,000
Blue
Owl
Credit
Income
Corp
5
.800
03/15/30
29,186
30,000
Blue
Owl
Finance
LLC
4
.375
02/15/32
27,335
15,000
(a)
Blue
Owl
Technology
Finance
Corp
6
.125
01/23/31
14,442
30,000
Boston
Properties
LP
6
.500
01/15/34
31,654
14,000
(a)
Brighthouse
Financial
Inc
5
.625
05/15/30
14,118
50,000
Brighthouse
Financial
Inc
4
.700
06/22/47
34,755
10,000
Brown
&
Brown
Inc
4
.900
06/23/30
9,987
24,000
Brown
&
Brown
Inc
2
.375
03/15/31
21,218
70,000
Brown
&
Brown
Inc
5
.250
06/23/32
69,855
20,000
Canadian
Imperial
Bank
of
Commerce
6
.500
07/28/86
19,938
29,000
Capital
One
Financial
Corp
4
.100
02/09/27
28,973
45,000
Capital
One
Financial
Corp
3
.750
03/09/27
44,824
44,000
Capital
One
Financial
Corp
3
.800
01/31/28
43,508
21,000
Capital
One
Financial
Corp
4
.927
05/10/28
21,092
7,000
Capital
One
Financial
Corp
3
.273
03/01/30
6,750
50,000
Capital
One
Financial
Corp
7
.624
10/30/31
55,201
56,000
Capital
One
Financial
Corp
2
.359
07/29/32
48,264
13,000
Capital
One
Financial
Corp
2
.618
11/02/32
11,492
31,000
Capital
One
Financial
Corp
5
.268
05/10/33
31,080
10,000
Capital
One
Financial
Corp
7
.964
11/02/34
11,535
100,000
Capital
One
Financial
Corp
5
.399
01/30/37
98,228
25,000
Chubb
INA
Holdings
LLC
3
.050
12/15/61
15,015
55,000
Citigroup
Inc
4
.450
09/29/27
55,020
336,000
Citigroup
Inc
2
.561
05/01/32
301,916
200,000
Citigroup
Inc
5
.827
02/13/35
203,726
54,000
Citigroup
Inc
6
.020
01/24/36
55,437
10,000
Citigroup
Inc
5
.300
05/06/44
9,285
22,000
Citizens
Financial
Group
Inc
2
.500
02/06/30
20,242
40,000
Citizens
Financial
Group
Inc
5
.253
03/05/31
40,503
50,000
Citizens
Financial
Group
Inc
5
.299
01/29/36
49,570
8,000
CNA
Financial
Corp
3
.900
05/01/29
7,840
20,000
CNA
Financial
Corp
5
.500
06/15/33
20,415
8,000
CNO
Financial
Group
Inc
5
.250
05/30/29
8,036
50,000
Cooperatieve
Rabobank
UA
5
.750
12/01/43
48,681
5,000
Corebridge
Financial
Inc
3
.650
04/05/27
4,969
46,000
Corebridge
Financial
Inc
3
.850
04/05/29
45,029
10,000
Corebridge
Financial
Inc
6
.050
09/15/33
10,512
50,000
Corebridge
Financial
Inc
4
.400
04/05/52
39,621
5,000
Deutsche
Bank
AG/New
York
NY
5
.297
05/09/31
5,055
81,000
Deutsche
Bank
AG/New
York
NY
3
.547
09/18/31
76,412
80,000
Deutsche
Bank
AG/New
York
NY
7
.079
02/10/34
86,004
5,000
DOC
DR
LLC
2
.625
11/01/31
4,451
16,000
Elevance
Health
Inc
2
.550
03/15/31
14,516
50,000
Elevance
Health
Inc
4
.550
03/01/48
41,485
40,000
Elevance
Health
Inc
5
.650
06/15/54
37,866
Portfolio
of
Investments
April
30,
2026
(continued)
NUAG
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
FINANCIALS
(continued)
$
10,000
Enact
Holdings
Inc
6
.250
%
05/28/29
$
10,332
13,000
Enstar
Group
Ltd
3
.100
09/01/31
11,569
61,000
Equitable
Holdings
Inc
4
.350
04/20/28
60,753
25,000
Essex
Portfolio
LP
5
.375
04/01/35
25,362
50,000
Everest
Reinsurance
Holdings
Inc
4
.868
06/01/44
42,932
10,000
Everest
Reinsurance
Holdings
Inc
3
.500
10/15/50
6,696
13,000
F&G
Annuities
&
Life
Inc
7
.400
01/13/28
13,258
50,000
Fairfax
Financial
Holdings
Ltd
4
.850
04/17/28
50,281
24,000
Fairfax
Financial
Holdings
Ltd
4
.625
04/29/30
23,928
10,000
Fairfax
Financial
Holdings
Ltd
6
.000
12/07/33
10,498
10,000
Fairfax
Financial
Holdings
Ltd
6
.100
03/15/55
9,886
21,000
Fidelity
National
Financial
Inc
3
.400
06/15/30
19,798
10,000
Fidelity
National
Financial
Inc
3
.200
09/17/51
6,103
20,000
Fifth
Third
Bancorp
2
.550
05/05/27
19,666
13,000
Fifth
Third
Bancorp
3
.950
03/14/28
12,902
53,000
Fifth
Third
Bancorp
4
.055
04/25/28
52,743
60,000
Fifth
Third
Bancorp
6
.361
10/27/28
61,575
20,000
Fifth
Third
Bank
NA
5
.332
08/25/33
20,084
11,000
First
American
Financial
Corp
2
.400
08/15/31
9,531
30,000
First
American
Financial
Corp
5
.450
09/30/34
29,598
10,000
First
Horizon
Bank
5
.750
05/01/30
10,204
10,000
First-Citizens
Bank
&
Trust
Co
6
.125
03/09/28
10,245
10,000
GATX
Corp
3
.850
03/30/27
9,961
6,000
GATX
Corp
4
.550
11/07/28
6,000
35,000
GATX
Corp
6
.050
03/15/34
36,980
50,000
GATX
Corp
4
.500
03/30/45
41,259
10,000
Goldman
Sachs
BDC
Inc
6
.375
03/11/27
10,113
10,000
Goldman
Sachs
Capital
I
6
.345
02/15/34
10,487
100,000
Goldman
Sachs
Group
Inc/The
5
.094
04/20/34
99,764
91,000
Goldman
Sachs
Group
Inc/The
6
.450
05/01/36
97,003
160,000
Goldman
Sachs
Group
Inc/The
4
.939
10/21/36
155,205
275,000
Goldman
Sachs
Group
Inc/The
5
.387
02/02/41
267,674
50,000
Goldman
Sachs
Group
Inc/The
5
.150
05/22/45
45,387
20,000
(b)
Goldman
Sachs
Private
Credit
Corp
5
.875
01/31/31
19,666
23,000
Golub
Capital
BDC
Inc
2
.050
02/15/27
22,418
20,000
Golub
Capital
Private
Credit
Fund
5
.875
05/01/30
19,731
20,000
HA
Sustainable
Infrastructure
Capital
Inc
6
.375
07/01/34
20,482
40,000
(b)
HPS
Corporate
Lending
Fund
5
.650
04/02/31
38,992
10,000
HPS
Corporate
Lending
Fund
5
.950
04/14/32
9,846
90,000
HSBC
Holdings
PLC
2
.804
05/24/32
81,470
285,000
HSBC
Holdings
PLC
5
.133
11/06/36
279,512
216,000
HSBC
Holdings
PLC
6
.800
06/01/38
234,503
60,000
(a)
Humana
Inc
6
.000
05/01/55
55,949
30,000
Huntington
Bancshares
Inc/OH
4
.443
08/04/28
29,964
62,000
Huntington
Bancshares
Inc/OH
2
.550
02/04/30
57,450
14,000
Huntington
Bancshares
Inc/OH
2
.487
08/15/36
12,077
10,000
Independent
Bank
Corp
7
.250
04/01/35
10,640
23,000
Jackson
Financial
Inc
5
.170
06/08/27
23,109
10,000
Jefferies
Financial
Group
Inc
5
.875
07/21/28
10,217
19,000
Jefferies
Financial
Group
Inc
4
.150
01/23/30
18,445
50,000
Jefferies
Financial
Group
Inc
5
.125
04/28/31
49,306
50,000
Jefferies
Financial
Group
Inc
2
.750
10/15/32
42,441
20,000
Jefferies
Financial
Group
Inc
6
.500
01/20/43
19,855
85,000
JPMorgan
Chase
&
Co
8
.750
09/01/30
98,497
115,000
JPMorgan
Chase
&
Co
2
.545
11/08/32
102,338
151,000
JPMorgan
Chase
&
Co
4
.912
07/25/33
151,440
200,000
JPMorgan
Chase
&
Co
5
.148
04/23/37
198,805
63,000
JPMorgan
Chase
&
Co
2
.525
11/19/41
44,157
42,000
Kemper
Corp
3
.800
02/23/32
38,293
15,000
KeyBank
NA/Cleveland
OH
5
.850
11/15/27
15,287
15,000
KeyBank
NA/Cleveland
OH
4
.900
08/08/32
14,737
5,000
KeyCorp
2
.250
04/06/27
4,911
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
FINANCIALS
(continued)
$
17,000
KeyCorp
2
.550
%
10/01/29
$
15,926
50,000
(a)
KeyCorp
5
.121
04/04/31
50,512
21,000
Lazard
Group
LLC
4
.500
09/19/28
20,924
10,000
Lazard
Group
LLC
6
.000
03/15/31
10,436
36,000
Lincoln
National
Corp
5
.852
03/15/34
36,693
10,000
Lincoln
National
Corp
6
.300
10/09/37
10,436
130,000
Lloyds
Banking
Group
PLC
3
.369
12/14/46
94,386
50,000
LPL
Holdings
Inc
5
.150
06/15/30
50,341
5,000
Main
Street
Capital
Corp
6
.500
06/04/27
5,057
9,000
Marex
Group
PLC
6
.404
11/04/29
9,274
50,000
Markel
Group
Inc
3
.500
11/01/27
49,249
12,000
Markel
Group
Inc
3
.350
09/17/29
11,501
20,000
Markel
Group
Inc
6
.000
05/16/54
19,551
100,000
MetLife
Inc
6
.350
03/15/55
102,366
5,000
MGIC
Investment
Corp
5
.250
08/15/28
4,996
135,000
Morgan
Stanley
3
.950
04/23/27
134,658
105,000
Morgan
Stanley
1
.928
04/28/32
91,314
110,000
Morgan
Stanley
5
.831
04/19/35
114,449
1,000
Morgan
Stanley
2
.484
09/16/36
866
50,000
Morgan
Stanley
5
.073
01/30/37
48,922
160,000
Morgan
Stanley
5
.516
11/19/55
152,252
10,000
Morgan
Stanley
Direct
Lending
Fund
6
.150
05/17/29
10,132
53,000
Nasdaq
Inc
5
.550
02/15/34
54,752
30,000
Nasdaq
Inc
3
.250
04/28/50
20,109
11,000
Nasdaq
Inc
6
.100
06/28/63
11,143
12,000
NatWest
Group
PLC
3
.032
11/28/35
10,972
10,000
(a)
New
Mountain
Finance
Corp
6
.875
02/01/29
10,007
11,000
NNN
REIT
Inc
3
.000
04/15/52
6,737
43,000
Nomura
Holdings
Inc
5
.386
07/06/27
43,398
4,000
Nomura
Holdings
Inc
2
.710
01/22/29
3,802
12,000
Nomura
Holdings
Inc
3
.103
01/16/30
11,314
1,000
Nomura
Holdings
Inc
2
.679
07/16/30
917
100,000
Nomura
Holdings
Inc
6
.181
01/18/33
105,743
3,000
North
Haven
Private
Income
Fund
LLC
5
.750
02/01/30
2,931
10,000
Oaktree
Specialty
Lending
Corp
2
.700
01/15/27
9,798
10,000
Oaktree
Strategic
Credit
Fund
6
.190
07/15/30
9,928
10,000
Old
Republic
International
Corp
3
.850
06/11/51
7,076
15,000
ORIX
Corp
3
.700
07/18/27
14,875
30,000
PartnerRe
Finance
B
LLC
4
.500
10/01/50
28,571
10,000
Pinnacle
Financial
Partners
Inc
6
.168
11/01/30
10,261
3,000
Primerica
Inc
2
.800
11/19/31
2,700
7,000
Prudential
Financial
Inc
5
.700
09/15/48
6,960
66,000
Prudential
Financial
Inc
3
.700
10/01/50
60,873
5,000
Radian
Group
Inc
4
.875
03/15/27
5,002
10,000
Regions
Bank/Birmingham
AL
6
.450
06/26/37
10,497
34,000
Regions
Financial
Corp
1
.800
08/12/28
31,982
10,000
Royal
Bank
of
Canada
6
.350
11/24/84
9,672
50,000
Royal
Bank
of
Canada
6
.500
11/24/85
49,288
20,000
Sabra
Health
Care
LP
3
.200
12/01/31
18,081
80,000
Santander
Holdings
USA
Inc
4
.400
07/13/27
79,938
1,000
Santander
Holdings
USA
Inc
2
.490
01/06/28
986
25,000
Santander
UK
Group
Holdings
PLC
2
.469
01/11/28
24,642
10,000
Santander
UK
Group
Holdings
PLC
3
.823
11/03/28
9,886
50,000
Santander
UK
Group
Holdings
PLC
2
.896
03/15/32
45,522
20,000
Sixth
Street
Lending
Partners
6
.125
07/15/30
20,092
50,000
State
Street
Corp
4
.558
04/23/32
49,759
50,000
State
Street
Corp
5
.094
04/24/37
49,588
60,000
Stewart
Information
Services
Corp
3
.600
11/15/31
53,427
12,000
Stifel
Financial
Corp
4
.000
05/15/30
11,674
13,000
Sumisho
Air
Lease
Corp
3
.625
04/01/27
12,849
22,000
Sumisho
Air
Lease
Corp
3
.250
10/01/29
20,880
30,000
Sumisho
Air
Lease
Corp
3
.000
02/01/30
27,991
Portfolio
of
Investments
April
30,
2026
(continued)
NUAG
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
FINANCIALS
(continued)
$
20,000
(b)
Sumisho
Air
Lease
Corp
5
.500
%
03/24/36
$
19,835
10,000
Synchrony
Bank
5
.625
08/23/27
10,087
10,000
Synchrony
Financial
3
.950
12/01/27
9,889
40,000
Synchrony
Financial
5
.935
08/02/30
40,801
10,000
Tanger
Properties
LP
2
.750
09/01/31
8,948
50,000
Toronto-Dominion
Bank/The
4
.866
04/22/33
49,720
25,000
Toronto-Dominion
Bank/The
8
.125
10/31/82
26,004
15,000
Toronto-Dominion
Bank/The
6
.350
10/31/85
15,101
50,000
Truist
Financial
Corp
4
.597
01/27/32
49,504
50,000
Truist
Financial
Corp
4
.680
04/23/32
49,552
50,000
Truist
Financial
Corp
5
.281
04/23/37
49,299
50,000
Unum
Group
4
.500
12/15/49
39,822
10,000
Ventas
Realty
LP
5
.000
01/15/35
9,843
30,000
Ventas
Realty
LP
4
.875
04/15/49
25,858
20,000
Voya
Financial
Inc
5
.700
07/15/43
19,253
10,000
Voya
Financial
Inc
4
.700
01/23/48
9,677
15,000
W
R
Berkley
Corp
4
.000
05/12/50
11,317
50,000
W
R
Berkley
Corp
3
.550
03/30/52
34,298
10,000
Webster
Financial
Corp
4
.100
03/25/29
9,768
80,000
Wells
Fargo
&
Co
4
.300
07/22/27
79,900
50,000
Wells
Fargo
&
Co
5
.950
12/15/36
51,493
110,000
Wells
Fargo
&
Co
4
.960
01/23/37
107,169
200,000
Wells
Fargo
&
Co
4
.650
11/04/44
168,240
10,000
Wells
Fargo
&
Co
4
.400
06/14/46
8,027
175,000
Wells
Fargo
&
Co
5
.433
01/23/47
166,387
15,000
Willis
North
America
Inc
4
.650
06/15/27
15,035
14,000
Willis
North
America
Inc
4
.500
09/15/28
13,981
70,000
Willis
North
America
Inc
5
.050
09/15/48
61,084
13,000
Zions
Bancorp
NA
6
.816
11/19/35
13,573
TOTAL
FINANCIALS
10,674,065
INDUSTRIAL
-
9.9%
10,000
Adventist
Health
System/West
3
.630
03/01/49
6,748
4,000
Albemarle
Corp
5
.050
06/01/32
4,010
34,000
Altria
Group
Inc
5
.800
02/14/39
34,291
10,000
Altria
Group
Inc
3
.400
02/04/41
7,593
50,000
Altria
Group
Inc
4
.450
05/06/50
39,229
10,000
American
Tower
Corp
5
.450
02/15/34
10,199
30,000
American
Tower
Corp
3
.700
10/15/49
21,679
70,000
Amgen
Inc
6
.375
06/01/37
76,231
98,000
Amgen
Inc
3
.150
02/21/40
76,146
6,000
Amgen
Inc
5
.150
11/15/41
5,686
1,000
Amgen
Inc
3
.000
01/15/52
640
11,000
Amgen
Inc
4
.200
02/22/52
8,521
100,000
Amgen
Inc
2
.770
09/01/53
58,560
10,000
APA
Corp
6
.100
02/15/35
10,375
60,000
APA
Corp
6
.000
01/15/37
60,933
50,000
APA
Corp
5
.350
07/01/49
42,821
4,000
AppLovin
Corp
5
.500
12/01/34
3,998
13,000
Aptiv
Swiss
Holdings
Ltd
3
.100
12/01/51
7,799
20,000
ArcelorMittal
SA
6
.750
03/01/41
21,689
143,000
AT&T
Inc
2
.750
06/01/31
130,541
57,000
AT&T
Inc
4
.850
03/01/39
52,970
110,000
AT&T
Inc
6
.000
08/15/40
112,274
100,000
AT&T
Inc
3
.500
06/01/41
77,143
93,000
AT&T
Inc
4
.750
05/15/46
78,017
96,000
AT&T
Inc
5
.150
02/15/50
83,404
10,000
AT&T
Inc
5
.700
03/01/57
9,362
70,000
AT&T
Inc
3
.650
09/15/59
44,758
40,000
AT&T
Inc
3
.500
02/01/61
24,569
21,000
Barrick
North
America
Finance
LLC
5
.700
05/30/41
21,086
20,000
BAT
Capital
Corp
4
.390
08/15/37
18,213
20,000
BAT
Capital
Corp
7
.079
08/02/43
22,092
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
INDUSTRIAL
(continued)
$
15,000
BAT
Capital
Corp
4
.758
%
09/06/49
$
12,467
50,000
BAT
Capital
Corp
3
.984
09/25/50
36,081
20,000
Baxter
International
Inc
3
.500
08/15/46
13,237
13,000
Bell
Telephone
Co
of
Canada
or
Bell
Canada
5
.200
02/15/34
13,060
11,000
Bell
Telephone
Co
of
Canada
or
Bell
Canada
4
.464
04/01/48
8,857
20,000
Berry
Global
Inc
5
.650
01/15/34
20,503
34,000
Biogen
Inc
5
.200
09/15/45
30,939
6,000
Boardwalk
Pipelines
LP
5
.625
08/01/34
6,157
65,000
Boeing
Co/The
5
.705
05/01/40
65,630
40,000
Boeing
Co/The
3
.500
03/01/45
28,054
70,000
Boeing
Co/The
3
.900
05/01/49
51,438
19,000
Boeing
Co/The
3
.825
03/01/59
12,787
50,000
(a)
Booz
Allen
Hamilton
Inc
5
.950
04/15/35
50,385
8,000
BorgWarner
Inc
4
.375
03/15/45
6,540
20,000
Bunge
Ltd
Finance
Corp
5
.250
04/21/32
20,354
10,000
Campbell's
Company/The
3
.125
04/24/50
5,977
10,000
Canadian
Natural
Resources
Ltd
6
.250
03/15/38
10,595
22,000
Canadian
Natural
Resources
Ltd
6
.750
02/01/39
23,992
10,000
Canadian
Pacific
Railway
Co
4
.800
09/15/35
9,885
10,000
Canadian
Pacific
Railway
Co
3
.000
12/02/41
7,385
14,000
Canadian
Pacific
Railway
Co
4
.700
05/01/48
12,138
30,000
Canadian
Pacific
Railway
Co
4
.200
11/15/69
22,117
20,000
Cardinal
Health
Inc
4
.500
11/15/44
16,697
6,000
Carrier
Global
Corp
3
.577
04/05/50
4,308
10,000
Carrier
Global
Corp
6
.200
03/15/54
10,508
50,000
Celulosa
Arauco
y
Constitucion
SA
5
.500
11/02/47
44,287
50,000
Cencora
Inc
4
.900
02/13/36
48,783
6,000
Cenovus
Energy
Inc
2
.650
01/15/32
5,368
5,000
Cenovus
Energy
Inc
5
.250
06/15/37
4,849
10,000
CF
Industries
Inc
5
.375
03/15/44
9,390
20,000
Charter
Communications
Operating
LLC
/
Charter
Communications
Operating
Capital
2
.800
04/01/31
17,910
5,000
Charter
Communications
Operating
LLC
/
Charter
Communications
Operating
Capital
4
.400
04/01/33
4,647
10,000
Charter
Communications
Operating
LLC
/
Charter
Communications
Operating
Capital
6
.384
10/23/35
10,104
1,000
Charter
Communications
Operating
LLC
/
Charter
Communications
Operating
Capital
3
.500
03/01/42
681
100,000
Charter
Communications
Operating
LLC
/
Charter
Communications
Operating
Capital
6
.484
10/23/45
92,134
54,000
Charter
Communications
Operating
LLC
/
Charter
Communications
Operating
Capital
5
.375
05/01/47
43,165
50,000
Charter
Communications
Operating
LLC
/
Charter
Communications
Operating
Capital
5
.125
07/01/49
38,212
21,000
(a)
Charter
Communications
Operating
LLC
/
Charter
Communications
Operating
Capital
5
.250
04/01/53
16,278
20,000
Cigna
Group/The
3
.200
03/15/40
15,555
50,000
Cigna
Group/The
6
.125
11/15/41
51,819
33,000
Cigna
Group/The
4
.900
12/15/48
28,604
11,000
Conagra
Brands
Inc
5
.300
11/01/38
10,248
10,000
Constellation
Brands
Inc
5
.250
11/15/48
9,063
10,000
Continental
Resources
Inc/OK
4
.900
06/01/44
8,019
10,000
Corning
Inc
3
.900
11/15/49
7,501
50,000
Corning
Inc
5
.850
11/15/68
48,461
7,000
Coterra
Energy
Inc
5
.600
03/15/34
7,193
20,000
CRH
America
Finance
Inc
5
.875
01/09/55
19,877
10,000
Crown
Castle
Inc
4
.750
05/15/47
8,314
50,000
Crown
Castle
Inc
5
.200
02/15/49
43,882
50,000
CVS
Health
Corp
5
.000
09/15/32
50,157
28,000
CVS
Health
Corp
4
.780
03/25/38
25,947
5,000
CVS
Health
Corp
6
.125
09/15/39
5,142
100,000
CVS
Health
Corp
5
.050
03/25/48
86,276
Portfolio
of
Investments
April
30,
2026
(continued)
NUAG
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
INDUSTRIAL
(continued)
$
20,000
CVS
Health
Corp
6
.000
%
06/01/63
$
19,028
9,000
Dell
International
LLC
/
EMC
Corp
4
.750
10/06/32
8,901
20,000
Dell
International
LLC
/
EMC
Corp
8
.100
07/15/36
23,806
10,000
Dell
International
LLC
/
EMC
Corp
8
.350
07/15/46
12,400
19,000
Devon
Energy
Corp
5
.600
07/15/41
18,518
10,000
Devon
Energy
Corp
4
.750
05/15/42
8,816
21,000
Diamondback
Energy
Inc
5
.900
04/18/64
20,258
10,000
Dick's
Sporting
Goods
Inc
4
.100
01/15/52
7,099
7,000
Dollar
General
Corp
4
.125
04/03/50
5,290
11,000
Dollar
Tree
Inc
3
.375
12/01/51
7,118
3,000
Dover
Corp
5
.375
10/15/35
3,116
12,000
Dow
Chemical
Co/The
4
.250
10/01/34
10,990
8,000
Dow
Chemical
Co/The
5
.250
11/15/41
7,167
10,000
Dow
Chemical
Co/The
5
.550
11/30/48
8,758
10,000
Dow
Chemical
Co/The
5
.600
02/15/54
8,705
20,000
Dow
Chemical
Co/The
5
.950
03/15/55
18,295
10,000
DuPont
de
Nemours
Inc
5
.419
11/15/48
9,302
3,000
Eagle
Materials
Inc
2
.500
07/01/31
2,683
50,000
Eastern
Energy
Gas
Holdings
LLC
5
.800
01/15/35
51,949
70,000
Eastern
Energy
Gas
Holdings
LLC
6
.200
01/15/55
71,149
6,000
Eastman
Chemical
Co
4
.800
09/01/42
5,268
10,000
Eastman
Chemical
Co
4
.650
10/15/44
8,387
20,000
eBay
Inc
4
.000
07/15/42
16,084
4,000
Embraer
Netherlands
Finance
BV
5
.400
01/09/38
3,889
20,000
Enbridge
Inc
6
.700
11/15/53
21,712
20,000
Enbridge
Inc
8
.500
01/15/84
22,782
200,000
Energy
Transfer
LP
5
.600
09/01/34
204,086
22,000
Energy
Transfer
LP
5
.800
06/15/38
22,395
73,000
Energy
Transfer
LP
4
.950
01/15/43
63,872
16,000
Energy
Transfer
LP
5
.150
02/01/43
14,270
22,000
Energy
Transfer
LP
5
.000
05/15/44
19,165
22,000
Equifax
Inc
2
.350
09/15/31
19,328
10,000
Equinix
Inc
2
.500
05/15/31
8,965
30,000
(a)
FactSet
Research
Systems
Inc
3
.450
03/01/32
27,194
10,000
FedEx
Corp
4
.900
01/15/34
9,922
20,000
FedEx
Corp
3
.250
05/15/41
15,049
10,000
FedEx
Corp
5
.100
01/15/44
9,100
20,000
FedEx
Corp
4
.750
11/15/45
17,178
14,000
FedEx
Corp
4
.050
02/15/48
10,601
50,000
FedEx
Corp
4
.050
02/15/48
37,860
41,000
Fidelity
National
Information
Services
Inc
1
.650
03/01/28
38,898
50,000
Fidelity
National
Information
Services
Inc
4
.750
05/15/48
41,507
5,000
Fiserv
Inc
5
.150
03/15/27
5,027
67,000
Fiserv
Inc
2
.250
06/01/27
65,398
96,000
Fiserv
Inc
5
.625
08/21/33
97,228
40,000
Fiserv
Inc
5
.450
03/15/34
39,736
2,000
Fiserv
Inc
5
.250
08/11/35
1,951
10,000
Ford
Motor
Co
7
.400
11/01/46
10,329
10,000
Ford
Motor
Co
5
.291
12/08/46
8,043
9,000
Ford
Motor
Credit
Co
LLC
6
.054
11/05/31
9,130
11,000
(a)
Ford
Motor
Credit
Co
LLC
6
.532
03/19/32
11,384
13,000
Ford
Motor
Credit
Co
LLC
5
.869
10/31/35
12,667
20,000
Fox
Corp
5
.576
01/25/49
18,476
10,000
Freeport-McMoRan
Inc
5
.400
11/14/34
10,177
15,000
GE
HealthCare
Technologies
Inc
6
.377
11/22/52
15,748
12,000
General
Mills
Inc
4
.550
04/17/38
10,857
10,000
General
Mills
Inc
5
.400
06/15/40
9,718
42,000
General
Motors
Co
6
.600
04/01/36
44,956
50,000
General
Motors
Co
6
.250
10/02/43
49,581
10,000
General
Motors
Financial
Co
Inc
5
.950
04/04/34
10,350
10,000
Genuine
Parts
Co
6
.875
11/01/33
10,830
6,000
Global
Payments
Inc
4
.950
08/15/27
6,017
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
INDUSTRIAL
(continued)
$
6,000
Global
Payments
Inc
4
.450
%
06/01/28
$
5,951
45,000
Global
Payments
Inc
2
.900
05/15/30
41,234
59,000
Global
Payments
Inc
2
.900
11/15/31
51,910
32,000
Global
Payments
Inc
5
.550
11/15/35
30,863
22,000
Global
Payments
Inc
4
.150
08/15/49
15,689
12,000
GLP
Capital
LP
/
GLP
Financing
II
Inc
5
.750
11/01/37
11,747
10,000
Grupo
Televisa
SAB
6
.125
01/31/46
7,632
4,000
Haleon
US
Capital
LLC
4
.000
03/24/52
3,058
20,000
Halliburton
Co
4
.850
11/15/35
19,566
9,000
Halliburton
Co
4
.500
11/15/41
7,821
18,000
Halliburton
Co
4
.750
08/01/43
15,853
30,000
Hasbro
Inc
5
.100
05/15/44
27,276
33,000
HCA
Inc
5
.450
04/01/31
33,881
50,000
HCA
Inc
5
.300
05/15/36
49,550
30,000
HCA
Inc
5
.125
06/15/39
28,371
60,000
HCA
Inc
4
.375
03/15/42
50,283
10,000
HCA
Inc
3
.500
07/15/51
6,585
20,000
HCA
Inc
6
.000
04/01/54
19,284
14,000
(a)
Hewlett
Packard
Enterprise
Co
6
.200
10/15/35
14,953
10,000
Hewlett
Packard
Enterprise
Co
6
.350
10/15/45
10,081
20,000
Hexcel
Corp
5
.875
02/26/35
20,575
30,000
Intel
Corp
4
.000
12/15/32
28,387
25,000
Intel
Corp
5
.300
05/15/36
24,895
130,000
Intel
Corp
3
.250
11/15/49
83,887
30,000
Intel
Corp
5
.700
02/10/53
28,062
25,000
Intel
Corp
3
.100
02/15/60
14,094
10,000
International
Flavors
&
Fragrances
Inc
4
.375
06/01/47
7,903
50,000
International
Paper
Co
5
.000
09/15/35
48,796
18,000
International
Paper
Co
4
.800
06/15/44
15,402
10,000
International
Paper
Co
5
.150
05/15/46
8,909
7,000
International
Paper
Co
4
.400
08/15/47
5,569
30,000
J
M
Smucker
Co/The
4
.375
03/15/45
24,552
25,000
(b)
JBS
NV/JBS
USA
Foods
Group
Holdings
Inc/JBS
USA
Food
Co
Holdings
5
.625
03/10/37
24,954
70,000
JBS
NV/JBS
USA
Foods
Group
Holdings
Inc/JBS
USA
Food
Co
Holdings
6
.500
12/01/52
70,204
25,000
(b)
JBS
NV/JBS
USA
Foods
Group
Holdings
Inc/JBS
USA
Food
Co
Holdings
6
.400
05/10/57
24,598
12,000
Johnson
Controls
International
plc
4
.950
07/02/64
10,095
20,000
Keurig
Dr
Pepper
Inc
4
.420
12/15/46
15,733
13,000
Keurig
Dr
Pepper
Inc
4
.500
04/15/52
10,198
20,000
Kinder
Morgan
Energy
Partners
LP
7
.500
11/15/40
23,237
41,000
Kinder
Morgan
Energy
Partners
LP
6
.375
03/01/41
43,272
30,000
Kinder
Morgan
Energy
Partners
LP
5
.400
09/01/44
28,023
11,000
Kinder
Morgan
Inc
3
.600
02/15/51
7,618
10,000
Koninklijke
Philips
NV
6
.875
03/11/38
11,036
50,000
Kraft
Heinz
Foods
Co
5
.000
06/04/42
44,198
24,000
Kraft
Heinz
Foods
Co
5
.500
06/01/50
21,494
10,000
Kroger
Co/The
4
.450
02/01/47
8,178
74,000
Kroger
Co/The
5
.400
01/15/49
69,100
50,000
Kyndryl
Holdings
Inc
4
.100
10/15/41
35,905
9,000
L3Harris
Technologies
Inc
5
.250
06/01/31
9,220
10,000
L3Harris
Technologies
Inc
5
.054
04/27/45
9,233
10,000
Laboratory
Corp
of
America
Holdings
4
.550
04/01/32
9,896
12,000
Leggett
&
Platt
Inc
3
.500
11/15/51
7,413
100,000
Lowe's
Cos
Inc
5
.000
04/15/40
94,072
9,000
Lowe's
Cos
Inc
4
.050
05/03/47
6,950
41,000
Lowe's
Cos
Inc
4
.250
04/01/52
31,602
29,000
LYB
International
Finance
BV
5
.250
07/15/43
25,257
15,000
LYB
International
Finance
III
LLC
5
.625
05/15/33
15,260
10,000
LYB
International
Finance
III
LLC
3
.800
10/01/60
6,252
11,000
Marathon
Petroleum
Corp
6
.500
03/01/41
11,785
Portfolio
of
Investments
April
30,
2026
(continued)
NUAG
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
INDUSTRIAL
(continued)
$
10,000
Marathon
Petroleum
Corp
5
.850
%
12/15/45
$
9,539
40,000
Marriott
International
Inc/MD
3
.500
10/15/32
36,869
21,000
Martin
Marietta
Materials
Inc
3
.200
07/15/51
13,658
20,000
Masco
Corp
4
.500
05/15/47
16,376
55,000
McDonald's
Corp
4
.700
12/09/35
53,859
39,000
McDonald's
Corp
3
.625
09/01/49
28,045
18,000
Molson
Coors
Beverage
Co
4
.200
07/15/46
14,128
20,000
Mondelez
International
Inc
1
.875
10/15/32
17,017
30,000
Montefiore
Obligated
Group
5
.246
11/01/48
24,519
7,000
Moody's
Corp
3
.250
01/15/28
6,881
35,000
(a)
Moody's
Corp
2
.000
08/19/31
30,886
30,000
Moody's
Corp
5
.000
08/05/34
30,034
25,000
Moody's
Corp
2
.550
08/18/60
12,506
5,000
Moody's
Corp
3
.100
11/29/61
2,949
10,000
Mosaic
Co/The
5
.625
11/15/43
9,370
32,000
MPLX
LP
4
.500
04/15/38
28,885
40,000
MPLX
LP
5
.200
03/01/47
35,276
20,000
MPLX
LP
5
.200
12/01/47
17,695
20,000
MSCI
Inc
5
.150
03/15/36
19,375
20,000
Mylan
Inc
5
.200
04/15/48
15,962
50,000
National
Fuel
Gas
Co
5
.950
03/15/35
51,944
11,000
Norfolk
Southern
Corp
4
.800
08/15/43
9,772
30,000
Norfolk
Southern
Corp
4
.450
06/15/45
25,482
28,000
Norfolk
Southern
Corp
3
.700
03/15/53
19,965
15,000
Norfolk
Southern
Corp
5
.100
08/01/18
12,809
5,000
Norfolk
Southern
Corp
4
.100
05/15/21
3,396
30,000
Northrop
Grumman
Corp
5
.250
05/01/50
27,906
30,000
Northrop
Grumman
Corp
5
.200
06/01/54
27,518
100,000
NOV
Inc
3
.950
12/01/42
78,676
12,000
Nutrien
Ltd
5
.625
12/01/40
11,824
10,000
Nutrien
Ltd
6
.125
01/15/41
10,460
10,000
Nutrien
Ltd
3
.950
05/13/50
7,452
21,000
NXP
BV
/
NXP
Funding
LLC
/
NXP
USA
Inc
3
.250
11/30/51
13,630
20,000
Occidental
Petroleum
Corp
5
.375
01/01/32
20,420
30,000
Occidental
Petroleum
Corp
6
.200
03/15/40
31,005
10,000
Occidental
Petroleum
Corp
4
.400
04/15/46
7,953
10,000
Ochsner
LSU
Health
System
of
North
Louisiana
2
.510
05/15/31
8,542
9,000
Omnicom
Group
Inc
5
.375
06/15/33
8,989
30,000
ONEOK
Inc
6
.400
05/01/37
31,273
13,000
ONEOK
Inc
5
.150
10/15/43
11,518
50,000
ONEOK
Inc
7
.150
01/15/51
54,389
10,000
ONEOK
Inc
6
.250
10/15/55
9,827
19,000
ONEOK
Partners
LP
6
.125
02/01/41
19,457
80,000
Oracle
Corp
4
.900
02/06/33
75,952
54,000
Oracle
Corp
3
.800
11/15/37
42,700
96,000
Oracle
Corp
3
.650
03/25/41
68,106
170,000
Oracle
Corp
4
.500
07/08/44
125,351
52,000
Oracle
Corp
4
.125
05/15/45
35,632
80,000
Oracle
Corp
5
.875
09/26/45
68,903
25,000
Oracle
Corp
3
.600
04/01/50
14,968
10,000
Oracle
Corp
3
.950
03/25/51
6,286
50,000
Oracle
Corp
5
.950
09/26/55
41,881
115,000
Oracle
Corp
3
.850
04/01/60
66,635
14,000
Orange
SA
5
.375
01/13/42
13,502
20,000
Ovintiv
Inc
7
.100
07/15/53
21,785
10,000
Owens
Corning
7
.000
12/01/36
11,211
4,000
Owens
Corning
4
.300
07/15/47
3,202
3,000
Packaging
Corp
of
America
3
.050
10/01/51
1,892
5,000
Phillips
66
5
.875
05/01/42
5,024
26,000
Phillips
66
3
.300
03/15/52
16,865
40,000
Phillips
66
Co
6
.200
03/15/56
40,131
30,000
Plains
All
American
Pipeline
LP
/
PAA
Finance
Corp
4
.300
01/31/43
24,483
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
INDUSTRIAL
(continued)
$
10,000
Quest
Diagnostics
Inc
4
.700
%
03/30/45
$
8,841
45,000
Regal
Rexnord
Corp
6
.400
04/15/33
47,850
100,000
Rogers
Communications
Inc
7
.500
08/15/38
113,878
50,000
Royalty
Pharma
PLC
3
.550
09/02/50
34,216
4,000
RPM
International
Inc
4
.250
01/15/48
3,147
10,000
RTX
Corp
1
.900
09/01/31
8,734
60,000
RTX
Corp
4
.450
11/16/38
55,398
10,000
RTX
Corp
4
.625
11/16/48
8,514
40,000
RTX
Corp
6
.400
03/15/54
43,098
15,000
S&P
Global
Inc
2
.300
08/15/60
7,280
30,000
Sekisui
House
US
Inc
6
.000
01/15/43
27,659
33,000
Sekisui
House
US
Inc
3
.966
08/06/61
21,465
10,000
Sherwin-Williams
Co/The
4
.000
12/15/42
7,995
10,000
Sherwin-Williams
Co/The
3
.300
05/15/50
6,687
20,000
Smurfit
Kappa
Treasury
ULC
5
.777
04/03/54
19,320
20,000
Solventum
Corp
5
.900
04/30/54
19,400
10,000
Sonoco
Products
Co
5
.750
11/01/40
9,974
10,000
Southern
Copper
Corp
7
.500
07/27/35
11,673
20,000
Southern
Copper
Corp
6
.750
04/16/40
22,264
7,000
Southern
Copper
Corp
5
.250
11/08/42
6,658
30,000
Spectra
Energy
Partners
LP
4
.500
03/15/45
25,290
10,000
Stanley
Black
&
Decker
Inc
4
.850
11/15/48
8,399
31,000
Starbucks
Corp
3
.350
03/12/50
20,975
16,000
Stryker
Corp
4
.100
04/01/43
13,205
24,000
Suncor
Energy
Inc
4
.000
11/15/47
18,110
50,000
Synopsys
Inc
5
.150
04/01/35
50,005
50,000
Sysco
Corp
6
.600
04/01/40
53,534
15,000
Sysco
Corp
3
.150
12/14/51
9,337
60,000
Takeda
Pharmaceutical
Co
Ltd
3
.175
07/09/50
39,210
5,000
Takeda
Pharmaceutical
Co
Ltd
3
.375
07/09/60
3,146
10,000
Take-Two
Interactive
Software
Inc
4
.000
04/14/32
9,537
10,000
Take-Two
Interactive
Software
Inc
5
.600
06/12/34
10,221
10,000
Targa
Resources
Corp
5
.550
08/15/35
10,129
30,000
Targa
Resources
Corp
6
.500
02/15/53
31,055
14,000
Telefonica
Emisiones
SA
4
.665
03/06/38
12,682
30,000
Telefonica
Emisiones
SA
5
.213
03/08/47
26,325
38,000
Time
Warner
Cable
LLC
5
.500
09/01/41
32,769
50,000
Timken
Co/The
4
.125
04/01/32
47,495
10,000
T-Mobile
USA
Inc
2
.250
11/15/31
8,786
150,000
T-Mobile
USA
Inc
4
.375
04/15/40
131,171
50,000
T-Mobile
USA
Inc
3
.400
10/15/52
32,588
50,000
T-Mobile
USA
Inc
5
.850
02/15/56
48,062
19,000
TransCanada
PipeLines
Ltd
5
.100
03/15/49
17,580
30,000
Transcanada
Trust
5
.600
03/07/82
29,634
50,000
Transcontinental
Gas
Pipe
Line
Co
LLC
5
.100
03/15/36
49,611
36,000
Transcontinental
Gas
Pipe
Line
Co
LLC
3
.950
05/15/50
26,987
4,000
Triton
Container
International
Ltd
/
TAL
International
Container
Corp
3
.250
03/15/32
3,577
10,000
Tyson
Foods
Inc
4
.550
06/02/47
8,443
11,000
Tyson
Foods
Inc
5
.100
09/28/48
9,979
20,000
Uber
Technologies
Inc
5
.350
09/15/54
18,470
60,000
Vale
Canada
Ltd
7
.200
09/15/32
65,940
20,000
Vale
Overseas
Ltd
6
.125
06/12/33
21,093
10,000
Valero
Energy
Corp
2
.800
12/01/31
9,032
10,000
Valero
Energy
Corp
7
.500
04/15/32
11,349
10,000
Valero
Energy
Corp
6
.625
06/15/37
10,970
23,000
Valero
Energy
Corp
3
.650
12/01/51
15,775
50,000
VeriSign
Inc
5
.250
06/01/32
50,695
100,000
Verisk
Analytics
Inc
5
.250
03/15/35
99,135
20,000
Verizon
Communications
Inc
2
.355
03/15/32
17,487
50,000
Verizon
Communications
Inc
4
.272
01/15/36
46,122
217,000
Verizon
Communications
Inc
2
.650
11/20/40
152,123
Portfolio
of
Investments
April
30,
2026
(continued)
NUAG
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
INDUSTRIAL
(continued)
$
102,000
Verizon
Communications
Inc
3
.400
%
03/22/41
$
78,266
7,000
Verizon
Communications
Inc
2
.850
09/03/41
4,918
80,000
Verizon
Communications
Inc
4
.862
08/21/46
69,471
16,000
Verizon
Communications
Inc
4
.000
03/22/50
12,026
26,000
Verizon
Communications
Inc
3
.875
03/01/52
18,972
50,000
Verizon
Communications
Inc
5
.875
11/30/55
48,321
5,000
Verizon
Communications
Inc
3
.000
11/20/60
2,840
86,000
Viatris
Inc
3
.850
06/22/40
66,057
15,000
VICI
Properties
LP
5
.125
05/15/32
14,871
10,000
VICI
Properties
LP
5
.625
05/15/52
9,089
70,000
Vodafone
Group
PLC
4
.875
06/19/49
59,766
20,000
Vulcan
Materials
Co
4
.700
03/01/48
17,083
20,000
Western
Midstream
Operating
LP
5
.250
02/01/50
16,945
20,000
(a)
Western
Union
Co/The
2
.750
03/15/31
18,066
23,000
Westlake
Corp
3
.125
08/15/51
14,014
10,000
Westlake
Corp
3
.375
08/15/61
5,926
10,000
Williams
Cos
Inc/The
5
.800
11/15/43
9,801
20,000
Woodside
Finance
Ltd
5
.100
09/12/34
19,714
10,000
Yamana
Gold
Inc
2
.630
08/15/31
8,887
6,000
Zimmer
Biomet
Holdings
Inc
5
.750
11/30/39
6,045
10,000
Zoetis
Inc
5
.600
11/16/32
10,458
21,000
Zoetis
Inc
4
.700
02/01/43
18,723
TOTAL
INDUSTRIAL
9,212,287
UTILITY
-
11.2%
50,000
AEP
Texas
Inc
5
.700
05/15/34
51,628
65,000
AEP
Texas
Inc
3
.800
10/01/47
47,337
100,000
AEP
Texas
Inc
5
.250
05/15/52
89,203
30,000
Ameren
Corp
5
.375
03/15/35
30,401
300,000
Appalachian
Power
Co
2
.700
04/01/31
273,293
200,000
Appalachian
Power
Co
7
.000
04/01/38
222,859
18,000
Arizona
Public
Service
Co
5
.550
08/01/33
18,503
187,000
Arizona
Public
Service
Co
5
.700
08/15/34
193,344
30,000
Arizona
Public
Service
Co
5
.050
09/01/41
27,988
20,000
Arizona
Public
Service
Co
4
.200
08/15/48
15,640
20,000
Arizona
Public
Service
Co
4
.250
03/01/49
15,614
50,000
Arizona
Public
Service
Co
2
.650
09/15/50
29,520
50,000
Arizona
Public
Service
Co
5
.900
08/15/55
49,159
10,000
Atmos
Energy
Corp
2
.850
02/15/52
6,140
200,000
Baltimore
Gas
and
Electric
Co
3
.500
08/15/46
144,566
75,000
Berkshire
Hathaway
Energy
Co
6
.125
04/01/36
80,382
10,000
Black
Hills
Corp
4
.550
01/31/31
9,903
10,000
Black
Hills
Corp
4
.200
09/15/46
7,826
61,000
Black
Hills
Corp
3
.875
10/15/49
44,207
80,000
(a)
CenterPoint
Energy
Inc
6
.850
02/15/55
84,485
18,000
Cleco
Corporate
Holdings
LLC
4
.973
05/01/46
15,240
10,000
CMS
Energy
Corp
4
.700
03/31/43
8,427
11,000
CMS
Energy
Corp
4
.875
03/01/44
9,615
35,000
CMS
Energy
Corp
6
.500
06/01/55
35,860
29,000
Consolidated
Edison
Co
of
New
York
Inc
3
.000
12/01/60
16,922
50,000
Constellation
Energy
Generation
LLC
5
.800
03/01/33
52,428
50,000
Constellation
Energy
Generation
LLC
6
.125
01/15/34
53,480
210,000
Constellation
Energy
Generation
LLC
6
.500
10/01/53
223,076
70,000
Dayton
Power
&
Light
Co/The
3
.950
06/15/49
52,439
20,000
Dominion
Energy
Inc
2
.250
08/15/31
17,703
200,000
Dominion
Energy
Inc
7
.000
06/15/38
221,607
7,000
Dominion
Energy
Inc
4
.900
08/01/41
6,306
143,000
Dominion
Energy
Inc
4
.850
08/15/52
120,218
150,000
Dominion
Energy
Inc
7
.000
06/01/54
159,943
100,000
Dominion
Energy
Inc
6
.625
05/15/55
102,275
50,000
DTE
Electric
Co
4
.850
03/01/36
48,887
25,000
DTE
Energy
Co
5
.850
06/01/34
26,201
100,000
Duke
Energy
Carolinas
LLC
5
.300
02/15/40
99,168
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
UTILITY
(continued)
$
75,000
Duke
Energy
Corp
4
.500
%
08/15/32
$
73,938
135,000
Duke
Energy
Corp
4
.950
09/15/35
132,082
287,000
Duke
Energy
Corp
3
.950
08/15/47
214,280
1,000
Duke
Energy
Corp
5
.000
08/15/52
855
75,000
Duke
Energy
Corp
6
.450
09/01/54
78,356
50,000
Duke
Energy
Indiana
LLC
4
.950
03/15/36
49,133
150,000
Duke
Energy
Ohio
Inc
5
.550
03/15/54
142,841
27,000
El
Paso
Electric
Co
5
.000
12/01/44
23,245
25,000
Emera
US
Finance
LP
2
.639
06/15/31
22,265
32,000
Emera
US
Finance
LP
4
.750
06/15/46
26,551
1,000
Entergy
Corp
3
.750
06/15/50
709
50,000
Entergy
Mississippi
LLC
5
.050
04/15/36
49,174
50,000
Essential
Utilities
Inc
5
.125
03/15/36
49,250
10,000
Essential
Utilities
Inc
4
.276
05/01/49
7,893
21,000
Essential
Utilities
Inc
3
.351
04/15/50
14,009
250,000
Eversource
Energy
5
.850
04/15/31
260,741
15,000
Eversource
Energy
3
.375
03/01/32
13,794
67,000
Eversource
Energy
3
.450
01/15/50
46,050
50,000
Eversource
Energy
6
.350
08/15/56
49,978
30,000
Exelon
Corp
3
.350
03/15/32
27,720
100,000
Exelon
Corp
5
.450
03/15/34
102,469
3,000
Exelon
Corp
4
.950
06/15/35
2,921
100,000
Exelon
Corp
4
.950
03/15/36
96,952
21,000
Exelon
Corp
5
.100
06/15/45
18,984
7,000
Exelon
Corp
4
.450
04/15/46
5,750
1,000
Exelon
Corp
4
.700
04/15/50
832
30,000
FirstEnergy
Corp
4
.850
07/15/47
25,784
50,000
FirstEnergy
Transmission
LLC
5
.000
01/15/35
49,335
200,000
Georgia
Power
Co
5
.125
05/15/52
182,627
18,000
Iberdrola
International
BV
6
.750
07/15/36
20,227
125,000
Interstate
Power
and
Light
Co
5
.600
06/29/35
128,346
34,000
Interstate
Power
and
Light
Co
3
.100
11/30/51
21,508
1,000
ITC
Holdings
Corp
5
.300
07/01/43
916
62,000
MidAmerican
Energy
Co
4
.250
07/15/49
49,738
15,000
MidAmerican
Energy
Co
5
.850
09/15/54
14,998
100,000
National
Grid
PLC
5
.418
01/11/34
101,974
12,000
National
Grid
USA
5
.803
04/01/35
12,399
50,000
(c)
National
Rural
Utilities
Cooperative
Finance
Corp
4
.400
05/11/29
50,032
20,000
NextEra
Energy
Capital
Holdings
Inc
2
.440
01/15/32
17,670
100,000
NextEra
Energy
Capital
Holdings
Inc
5
.300
03/15/32
102,589
139,000
NextEra
Energy
Capital
Holdings
Inc
5
.000
07/15/32
140,406
36,000
NextEra
Energy
Capital
Holdings
Inc
3
.000
01/15/52
22,184
150,000
NextEra
Energy
Capital
Holdings
Inc
5
.550
03/15/54
140,834
100,000
NextEra
Energy
Capital
Holdings
Inc
6
.500
08/15/55
103,979
80,000
NiSource
Inc
5
.350
07/15/35
80,732
58,000
NiSource
Inc
5
.950
06/15/41
59,185
21,000
NiSource
Inc
5
.650
02/01/45
20,310
200,000
NiSource
Inc
4
.375
05/15/47
162,759
7,000
NiSource
Inc
3
.950
03/30/48
5,284
19,000
NiSource
Inc
5
.000
06/15/52
16,424
250,000
NiSource
Inc
5
.850
04/01/55
243,119
50,000
Northern
States
Power
Co/MN
4
.850
05/15/36
49,202
4,000
Oglethorpe
Power
Corp
5
.950
11/01/39
4,138
60,000
Oglethorpe
Power
Corp
5
.375
11/01/40
58,116
14,000
Oglethorpe
Power
Corp
4
.250
04/01/46
10,857
13,000
Oglethorpe
Power
Corp
5
.050
10/01/48
11,391
104,000
Oglethorpe
Power
Corp
3
.750
08/01/50
73,777
7,000
Oglethorpe
Power
Corp
5
.250
09/01/50
6,288
325,000
Ohio
Power
Co
4
.150
04/01/48
251,165
40,000
Pacific
Gas
and
Electric
Co
5
.900
06/15/32
41,555
100,000
Pacific
Gas
and
Electric
Co
6
.400
06/15/33
106,393
110,000
Pacific
Gas
and
Electric
Co
6
.950
03/15/34
120,577
Portfolio
of
Investments
April
30,
2026
(continued)
NUAG
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
UTILITY
(continued)
$
210,000
Pacific
Gas
and
Electric
Co
4
.500
%
07/01/40
$
180,596
59,000
Pacific
Gas
and
Electric
Co
4
.200
06/01/41
48,167
6,000
Pacific
Gas
and
Electric
Co
4
.450
04/15/42
4,935
158,000
Pacific
Gas
and
Electric
Co
3
.750
08/15/42
118,095
7,000
Pacific
Gas
and
Electric
Co
4
.300
03/15/45
5,478
300,000
Pacific
Gas
and
Electric
Co
4
.250
03/15/46
230,704
7,000
Pacific
Gas
and
Electric
Co
4
.000
12/01/46
5,154
7,000
Pacific
Gas
and
Electric
Co
3
.950
12/01/47
5,118
106,000
Pacific
Gas
and
Electric
Co
4
.950
07/01/50
88,038
54,000
Pacific
Gas
and
Electric
Co
5
.250
03/01/52
46,257
350,000
Pacific
Gas
and
Electric
Co
5
.900
10/01/54
328,031
200,000
PacifiCorp
4
.250
03/15/29
198,120
75,000
PacifiCorp
5
.300
02/15/31
76,367
20,000
PacifiCorp
6
.100
08/01/36
20,847
36,000
PacifiCorp
5
.750
04/01/37
36,416
267,000
PacifiCorp
4
.125
01/15/49
201,350
100,000
Piedmont
Natural
Gas
Co
Inc
4
.100
09/18/34
93,203
145,000
Piedmont
Natural
Gas
Co
Inc
3
.640
11/01/46
105,507
11,000
Piedmont
Natural
Gas
Co
Inc
3
.350
06/01/50
7,397
100,000
Potomac
Electric
Power
Co
5
.500
03/15/54
94,675
25,000
PPL
Capital
Funding
Inc
5
.250
09/01/34
25,241
80,000
Public
Service
Co
of
Colorado
6
.250
09/01/37
86,086
100,000
Public
Service
Co
of
Colorado
4
.500
06/01/52
81,135
25,000
Public
Service
Electric
and
Gas
Co
5
.375
11/01/39
24,942
20,000
Public
Service
Electric
and
Gas
Co
3
.650
09/01/42
15,776
50,000
Public
Service
Enterprise
Group
Inc
5
.400
03/15/35
50,505
35,000
Puget
Energy
Inc
5
.725
03/15/35
35,208
50,000
San
Diego
Gas
&
Electric
Co
5
.200
03/15/36
49,872
38,000
Sempra
3
.800
02/01/38
32,134
34,000
Sempra
4
.000
02/01/48
25,333
125,000
Sempra
6
.550
04/01/55
126,284
16,000
Sempra
6
.375
04/01/56
16,183
50,000
Southern
California
Edison
Co
4
.800
03/15/33
48,940
100,000
Southern
Co
Gas
Capital
Corp
4
.950
09/15/34
98,609
50,000
Southern
Co
Gas
Capital
Corp
6
.000
10/01/34
52,676
101,000
Southern
Co
Gas
Capital
Corp
4
.400
05/30/47
82,229
80,000
Southern
Co/The
5
.700
03/15/34
82,866
50,000
Southern
Co/The
6
.375
03/15/55
51,502
130,000
Southern
Power
Co
5
.150
09/15/41
122,711
51,000
Southern
Power
Co
4
.950
12/15/46
44,543
45,000
Southwest
Gas
Corp
4
.150
06/01/49
34,399
100,000
Southwestern
Electric
Power
Co
5
.200
04/01/36
98,655
1,000
Southwestern
Electric
Power
Co
3
.900
04/01/45
754
109,000
Southwestern
Electric
Power
Co
3
.250
11/01/51
69,953
21,000
Southwestern
Public
Service
Co
6
.000
10/01/36
21,545
18,000
Spire
Inc
4
.700
08/15/44
15,237
100,000
System
Energy
Resources
Inc
5
.300
12/15/34
99,785
33,000
Union
Electric
Co
2
.625
03/15/51
19,353
19,000
WEC
Energy
Group
Inc
5
.625
05/15/56
18,883
25,000
Wisconsin
Power
and
Light
Co
1
.950
09/16/31
21,800
100,000
Wisconsin
Power
and
Light
Co
5
.375
03/30/34
101,979
50,000
Wisconsin
Power
and
Light
Co
3
.650
04/01/50
35,516
10,000
Xcel
Energy
Inc
2
.350
11/15/31
8,797
125,000
Xcel
Energy
Inc
5
.600
04/15/35
127,304
7,000
Xcel
Energy
Inc
4
.800
09/15/41
6,204
TOTAL
UTILITY
10,456,777
TOTAL
CORPORATE
DEBT
(Cost
$31,245,280)
30,343,129
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
GOVERNMENT
RELATED
-
9.3%
GOVERNMENT
AGENCY
-
0.7%
$
26,000
CI
Financial
Corp
3
.200
%
12/17/30
$
23,300
10,000
CoBank
ACB
7
.250
07/01/74
10,089
100,000
CoBank
ACB
7
.125
01/01/75
102,294
70,000
Export-Import
Bank
of
Korea
2
.500
06/29/41
51,254
15,000
Federal
Farm
Credit
Banks
Funding
Corp
2
.100
02/25/36
11,990
25,000
Federal
Home
Loan
Banks
3
.625
09/04/26
24,991
50,000
(a)
Federal
Home
Loan
Banks
3
.875
06/04/27
50,025
1,000
Federal
National
Mortgage
Association
1
.875
09/24/26
993
15,000
Federal
National
Mortgage
Association
5
.625
07/15/37
16,284
50,000
Kreditanstalt
fuer
Wiederaufbau
3
.500
05/15/29
49,398
20,000
Kreditanstalt
fuer
Wiederaufbau
4
.625
03/18/30
20,467
70,000
Tennessee
Valley
Authority
4
.650
06/15/35
70,992
9,000
Tennessee
Valley
Authority
5
.250
09/15/39
9,349
129,000
Tennessee
Valley
Authority
3
.500
12/15/42
105,790
5,000
Tennessee
Valley
Authority
4
.250
09/15/52
4,172
50,000
Tennessee
Valley
Authority
5
.250
02/01/55
48,660
70,000
Tennessee
Valley
Authority
4
.250
09/15/65
56,772
TOTAL
GOVERNMENT
AGENCY
656,820
MUNICIPAL
BONDS
-
2.9%
100,000
Bay
Area
Toll
Authority,
California,
Revenue
Bonds,
San
Francisco
Bay
Area
Toll
Bridge,
Build
America
Federally
Taxable
Bond
Series
2009F-2
6
.263
04/01/49
103,520
18,000
Bay
Area
Toll
Authority,
California,
Revenue
Bonds,
San
Francisco
Bay
Area
Toll
Bridge,
Series
2021F-3
3
.126
04/01/55
11,909
60,000
Board
of
Regents
of
the
University
of
Texas
System,
Revenue
Financing
System
Bonds,
Green
Series
2016B
3
.852
08/15/46
48,635
42,000
California
State
University,
Systemwide
Revenue
Bonds,
Taxable
Series
2021B
2
.719
11/01/52
27,211
10,000
California
State
University,
Systemwide
Revenue
Bonds,
Taxable
Series
2021B
2
.939
11/01/52
6,705
50,000
California
State,
General
Obligation
Bonds,
Build
America
Federally
Taxable
Bonds,
Series
2009
7
.300
10/01/39
57,251
100,000
California
State,
General
Obligation
Bonds,
Build
America
Federally
Taxable
Series
2009
7
.550
04/01/39
118,384
70,000
California
State,
General
Obligation
Bonds,
Taxable
Various
Purpose
Series
2018
4
.600
04/01/38
70,862
50,000
California
State,
General
Obligation
Bonds,
Various
Purpose
Build
America
Taxable
Bond
Series
2010
7
.625
03/01/40
59,294
35,000
California
State,
General
Obligation
Bonds,
Various
Purpose
Taxable
Series
2018
4
.500
04/01/33
34,740
15,000
California
State,
General
Obligation
Bonds,
Various
Purpose
Taxable
Series
2018
4
.500
04/01/33
15,157
60,000
Chicago
Greater
Metropolitan
Water
Reclamation
District,
Illinois,
General
Obligation
Bonds,
Build
America
Taxable
Bonds,
Series
2009
5
.720
12/01/38
61,348
27,000
Chicago
Transit
Authority,
Illinois,
Sales
and
Transfer
Tax
Receipts
Revenue
Bonds,
Pension
Funding
Taxable
Series
2008B
6
.899
12/01/40
30,264
24,000
Chicago
Transit
Authority,
Illinois,
Sales
Tax
Receipts
Revenue
Bonds,
Federally
Taxable
Build
America
Bonds,
Series
2010B
6
.200
12/01/40
25,314
17,000
Chicago,
Illinois,
General
Airport
Revenue
Bonds,
O'Hare
International
Airport,
Taxable
Senior
Lien
Series
2018C
4
.572
01/01/54
14,605
50,000
City
of
Chicago
IL,
Illinois
5
.879
01/01/31
50,229
105,000
City
of
New
York
NY
5
.796
02/01/52
105,089
20,000
Commonwealth
Financing
Authority,
Pennsylvania,
Revenue
Bonds
Taxable
Series
2021A
2
.991
06/01/42
15,238
6,000
Commonwealth
Financing
Authority,
Pennsylvania,
State
Appropriation
Lease
Bonds,
Plancon
Program,
Taxable
Series
2018A
3
.864
06/01/38
5,505
10,000
Cook
County,
Illinois,
General
Obligation
Bonds,
Build
America
Taxable
Bonds,
Series
2010D
6
.229
11/15/34
10,581
75,000
Dallas
Area
Rapid
Transit,
Texas,
Sales
Tax
Revenue
Bonds,
Taxable
Build
America
Bonds,
Series
2009B
5
.999
12/01/44
76,843
Portfolio
of
Investments
April
30,
2026
(continued)
NUAG
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MUNICIPAL
BONDS
(continued)
$
40,000
Dallas
Area
Rapid
Transit,
Texas,
Sales
Tax
Revenue
Bonds,
Taxable
Refunding
Senior
Lien
Series
2021A
2
.613
%
12/01/48
$
26,830
20,000
Dallas
Fort
Worth
International
Airport,
Texas,
Joint
Revenue
Bonds
Taxable
Improvement
Series
2022A
4
.087
11/01/51
16,314
20,000
Dallas
Fort
Worth
International
Airport,
Texas,
Joint
Revenue
Bonds
Taxable
Improvement
Series
2022A
4
.507
11/01/51
17,194
40,000
Dallas-Fort
Worth
International
Airport,
Texas,
Joint
Revenue
Bonds,
Taxable
Refunding
Series
2021C
2
.843
11/01/46
28,725
1,000
Dormitory
Authority
of
the
State
of
New
York,
State
Personal
Income
Tax
Revenue
Bonds,
General
Purpose,
Series
2021C
2
.202
03/15/34
854
50,000
East
Bay
Municipal
Utility
District,
Alameda
and
Contra
Costa
Counties,
California,
Water
System
Revenue
Bonds,
Build
America
Taxable
Bond
Series
2010B
5
.874
06/01/40
52,002
20,000
Florida
State
Board
of
Administration
Finance
Corporation,
Revenue
Bonds,
Taxable,
Series
2024A
5
.526
07/01/34
20,919
40,000
Grand
Parkway
Transportation
Corporation,
Texas,
System
Toll
Revenue
Bonds,
Taxable
Refunding
Subordinate
Lien
Series
2020B.
Tela
Supported
3
.236
10/01/52
27,630
1,000
Illinois
State,
General
Obligation
Bonds,
Pension
Funding
Series
2003
5
.100
06/01/33
887
20,000
Kansas
Development
Finance
Authority,
Kansas,
Revenue
Bonds,
State
of
Kansas
KPERS
Projects,
Taxable
Series
2021K
2
.774
05/01/51
13,865
30,000
Los
Angeles
Community
College
District,
California,
General
Obligation
Bonds,
Build
America
Taxable
Bonds,
Series
2010
6
.750
08/01/49
33,060
75,000
Metropolitan
Transportation
Authority,
New
York,
Dedicated
Tax
Fund
Bonds,
Build
America
Taxable
Bonds,
Series
2010C
7
.336
11/15/39
86,906
11,000
Michigan
Finance
Authority,
Hospital
Revenue
Bonds,
Trinity
Health
Credit
Group,
Taxable
Refunding
Series
2019-T
3
.384
12/01/40
9,177
21,000
Missouri
Health
and
Educational
Facilities
Authority,
Revenue
Bonds,
Washington
University,
Series
2016B
3
.086
09/15/51
14,079
36,000
Municipal
Electric
Authority
of
Georgia,
Plant
Vogtle
Units
3
&
4
Project
J
Bonds,
Taxable
Build
America
Bonds
Series
2010A
6
.637
04/01/57
38,116
50,000
New
Jersey
Turnpike
Authority,
Revenue
Bonds,
Build
America
Taxable
Bonds,
Series
2009F
7
.414
01/01/40
58,597
45,000
New
Jersey
Turnpike
Authority,
Revenue
Bonds,
Build
America
Taxable
Bonds,
Series
2010A
7
.102
01/01/41
51,475
1,000
New
York
City
Municipal
Water
Finance
Authority,
New
York,
Water
and
Sewer
System
Revenue
Bonds,
Second
Generation
Resolution,
Build
America
Taxable
Bonds,
Fiscal
2011
Series
AA
5
.440
06/15/43
960
50,000
New
York
City,
New
York,
General
Obligation
Bonds,
Federally
Taxable
Build
America
Bonds,
Series
2010-F1
6
.271
12/01/37
52,782
50,000
New
York
City,
New
York,
General
Obligation
Bonds,
Taxable
Fiscal
2025
Series
C-2
4
.610
09/01/37
48,083
75,000
New
York
City,
New
York,
General
Obligation
Bonds,
Taxable
Fiscal
2025
Series
H
6
.385
02/01/55
77,588
155,000
New
York
City,
New
York,
General
Obligation
Bonds,
Taxable
Fiscal
2026
Series
H-1
5
.650
02/01/46
154,335
75,000
Pennsylvania
Turnpike
Commission,
Turnpike
Revenue
Bonds,
Build
America
Taxable
Bonds,
Series
2009A
6
.105
12/01/39
79,674
100,000
Port
Authority
of
New
York
and
New
Jersey,
Consolidated
Revenue
Bonds,
Two
Hundred
Twenty-Fifth
Series
2021
3
.175
07/15/60
63,526
59,000
Province
of
British
Columbia
Canada
1
.300
01/29/31
51,737
50,000
Province
of
British
Columbia
Canada
4
.050
04/23/31
49,554
35,000
Rutgers
State
University,
New
Jersey,
Revenue
Bonds,
Taxable
Build
America
Bond
Series
2010H
5
.665
05/01/40
35,530
75,000
Sales
Tax
Securitization
Corporation,
Illinois,
Tax
Securitization
Bonds,
Taxable
Series
2018
3
.238
01/01/42
60,984
50,000
State
of
California
4
.050
04/01/31
49,830
50,000
State
of
California
5
.000
04/01/36
50,900
200,000
State
of
Hawaii
4
.212
04/01/31
200,372
93,000
The
Rector
and
Visitors
of
the
University
of
Virginia,
General
Revenue
Bonds,
Taxable
Pledge
and
Refunding
Series
2020
2
.256
09/01/50
52,564
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MUNICIPAL
BONDS
(continued)
$
32,000
Tucson,
Arizona,
Certificates
of
Participation,
Taxable
Series
2021A
2
.856
%
07/01/47
$
23,127
100,000
University
of
California
Regents,
Medical
Center
Pooled
Revenue
Bonds,
Taxable
Build
America
Bond
Series
2010H
6
.548
05/15/48
104,694
30,000
University
of
Michigan,
General
Revenue
Bonds,
Series
2022A
3
.504
04/01/52
21,580
50,000
University
of
Michigan,
General
Revenue
Bonds,
Series
2022A
4
.454
04/01/22
38,478
TOTAL
MUNICIPAL
BONDS
2,661,612
SOVEREIGN
DEBT
-
5.7%
335,000
Chile
Government
International
Bond
4
.340
03/07/42
295,370
1,000
Chile
Government
International
Bond
3
.625
10/30/42
804
102,000
Chile
Government
International
Bond
3
.500
01/25/50
73,450
13,000
Chile
Government
International
Bond
4
.000
01/31/52
10,192
83,000
(a)
Chile
Government
International
Bond
3
.250
09/21/71
51,385
55,000
Hungary
Government
International
Bond
7
.625
03/29/41
64,508
19,000
Indonesia
Government
International
Bond
4
.950
02/21/36
18,604
26,000
Indonesia
Government
International
Bond
4
.350
01/11/48
21,350
1,000
Indonesia
Government
International
Bond
5
.350
02/11/49
960
50,000
Indonesia
Government
International
Bond
3
.700
10/30/49
36,546
25,000
Indonesia
Government
International
Bond
3
.500
02/14/50
17,627
243,000
Indonesia
Government
International
Bond
4
.300
03/31/52
193,875
65,000
Indonesia
Government
International
Bond
3
.200
09/23/61
39,981
10,000
Indonesia
Government
International
Bond
4
.450
04/15/70
7,801
243,000
Indonesia
Government
International
Bond
3
.350
03/12/71
150,070
70,000
Inter-American
Development
Bank
3
.750
06/14/30
69,328
20,000
Inter-American
Development
Bank
4
.375
01/24/44
18,453
128,000
Israel
Government
International
Bond
4
.500
01/30/43
108,909
250,000
Israel
Government
International
Bond
4
.125
01/17/48
190,566
50,000
Israel
Government
International
Bond
4
.500
04/03/20
35,692
20,000
Korea
International
Bond
4
.125
06/10/44
17,897
11,000
Korea
International
Bond
3
.875
09/20/48
9,181
300,000
Mexico
Government
International
Bond
6
.000
05/07/36
300,825
200,000
Mexico
Government
International
Bond
6
.875
05/13/37
210,890
110,000
Mexico
Government
International
Bond
6
.125
02/09/38
108,499
204,000
Mexico
Government
International
Bond
4
.280
08/14/41
160,844
550,000
Mexico
Government
International
Bond
4
.750
03/08/44
446,050
20,000
Mexico
Government
International
Bond
5
.550
01/21/45
18,133
200,000
Mexico
Government
International
Bond
4
.400
02/12/52
143,500
100,000
Mexico
Government
International
Bond
6
.338
05/04/53
94,150
300,000
Mexico
Government
International
Bond
7
.375
05/13/55
318,450
18,000
Mexico
Government
International
Bond
3
.771
05/24/61
10,863
50,000
Mexico
Government
International
Bond
5
.750
10/12/10
41,150
60,000
Panama
Government
International
Bond
6
.875
01/31/36
65,970
48,000
Panama
Government
International
Bond
4
.500
05/15/47
39,581
100,000
Panama
Government
International
Bond
4
.300
04/29/53
77,000
200,000
Panama
Government
International
Bond
7
.875
03/01/57
240,640
80,000
Panama
Government
International
Bond
3
.870
07/23/60
55,120
5,000
Panama
Government
International
Bond
4
.500
01/19/63
3,830
93,000
Peruvian
Government
International
Bond
3
.300
03/11/41
71,331
17,000
Peruvian
Government
International
Bond
3
.550
03/10/51
11,741
220,000
Peruvian
Government
International
Bond
6
.200
06/30/55
222,849
55,000
Peruvian
Government
International
Bond
2
.780
12/01/60
29,557
46,000
Peruvian
Government
International
Bond
3
.600
01/15/72
28,711
61,000
Peruvian
Government
International
Bond
3
.230
07/28/21
33,172
20,000
Philippine
Government
International
Bond
6
.375
10/23/34
21,755
60,000
Philippine
Government
International
Bond
5
.000
01/13/37
58,704
19,000
Philippine
Government
International
Bond
3
.700
03/01/41
15,408
200,000
Philippine
Government
International
Bond
3
.700
02/02/42
160,548
10,000
Philippine
Government
International
Bond
2
.950
05/05/45
6,751
400,000
Philippine
Government
International
Bond
3
.200
07/06/46
277,086
60,000
Republic
of
Italy
Government
International
Bond
4
.000
10/17/49
45,243
34,000
Republic
of
Italy
Government
International
Bond
3
.875
05/06/51
24,657
110,000
Republic
of
Poland
Government
International
Bond
5
.125
09/18/34
110,608
Portfolio
of
Investments
April
30,
2026
(continued)
NUAG
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
SOVEREIGN
DEBT
(continued)
$
53,000
Republic
of
Poland
Government
International
Bond
5
.500
%
04/04/53
$
49,475
28,000
Republic
of
Poland
Government
International
Bond
5
.500
03/18/54
26,032
30,000
Republic
of
Poland
Government
International
Bond
6
.125
04/14/56
30,081
200,000
Uruguay
Government
International
Bond
5
.442
02/14/37
206,170
67,000
Uruguay
Government
International
Bond
5
.100
06/18/50
62,173
90,000
Uruguay
Government
International
Bond
4
.975
04/20/55
80,757
TOTAL
SOVEREIGN
DEBT
5,340,853
TOTAL
GOVERNMENT
RELATED
(Cost
$9,254,578)
8,659,285
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
SECURITIZED
-
25.8%
100,000
(b)
Affirm
Master
Trust
4
.370
02/15/34
99,571
44,229
Ally
Auto
Receivables
Trust
2025-1
4
.030
07/17/28
44,239
50,000
(b)
American
Credit
Acceptance
Receivables
Trust
2025-3
4
.750
09/12/29
50,109
100,000
American
Express
Credit
Account
Master
Trust
4
.300
07/15/30
100,382
50,000
(b)
AmeriCredit
Automobile
Receivables
Trust
2026-1
4
.150
11/18/32
49,848
100,000
(b)
Avis
Budget
Rental
Car
Funding
AESOP
LLC
4
.170
02/20/30
99,114
15,000
BA
Credit
Card
Trust
4
.310
05/15/30
15,057
150,000
(d)
BANK
2018-BNK13
4
.217
08/15/61
148,949
150,000
BANK
2024-BNK47
6
.457
06/15/57
157,803
50,000
(d)
BANK
2025-BNK49
5
.623
03/15/58
52,186
100,000
BANK
2025-BNK51
5
.290
12/25/67
101,824
50,000
Bank5
5
.452
07/15/58
51,336
50,000
(d)
BANK5
2023-5YR3
6
.724
09/15/56
52,098
43,281
BANK5
2023-5YR4
6
.500
12/15/56
44,883
50,000
(b)
Barings
Equipment
Finance
LLC
2025-A
4
.820
08/13/32
50,605
100,000
BBCMS
Mortgage
Trust
2022-C17
4
.174
09/15/55
95,908
50,000
BBCMS
Mortgage
Trust
2025-5C34
5
.659
05/15/58
51,740
50,000
BBCMS
Mortgage
Trust
2025-5C36
5
.033
08/15/58
50,632
130,000
(d)
Benchmark
2018-B1
Mortgage
Trust
3
.666
01/15/51
128,265
100,000
(d)
Benchmark
2018-B7
Mortgage
Trust
4
.510
05/15/53
99,655
100,000
Benchmark
2019-B11
Mortgage
Trust
3
.542
05/15/52
96,699
150,000
Benchmark
2021-B27
Mortgage
Trust
2
.703
07/15/54
106,925
100,000
(d)
Benchmark
2024-V7
Mortgage
Trust
6
.228
05/15/56
104,145
100,000
Benchmark
2025-V15
Mortgage
Trust
5
.805
06/15/58
103,948
50,000
Benchmark
2025-V18
Mortgage
Trust
4
.704
10/15/58
50,071
50,000
Benchmark
2026-B42
Mortgage
Trust
5
.100
03/15/59
50,211
100,000
Benchmark
2026-V21
Mortgage
Trust
5
.127
03/15/59
101,604
45,000
BMO
2023-5C2
Mortgage
Trust
6
.673
11/15/56
46,752
50,000
BMO
2025-5C10
Mortgage
Trust
5
.578
05/15/58
51,462
50,000
BMO
2025-C11
Mortgage
Trust
5
.687
02/15/58
52,203
100,000
BMO
Mortgage
Trust
5
.180
10/15/58
101,601
50,000
(b)
BofA
Auto
Trust
2025-1
4
.350
11/20/29
50,136
50,000
Bridgecrest
Lending
Auto
Securitization
Trust
2026-1
4
.040
12/17/29
49,918
100,000
Capital
One
Multi-Asset
Execution
Trust
4
.650
10/15/37
98,906
30,000
Capital
One
Prime
Auto
Receivables
Trust
2024-1
4
.620
07/16/29
30,153
50,000
CarMax
Auto
Owner
Trust
2024-4
4
.640
04/15/30
50,401
50,000
Carmax
Auto
Owner
Trust
2025-2
4
.480
03/15/30
50,246
50,000
CarMax
Auto
Owner
Trust
2026-2
4
.220
06/16/31
50,041
50,000
Carvana
Auto
Receivables
Trust
2024-P3
4
.310
09/10/30
49,877
50,000
Carvana
Auto
Receivables
Trust
2026-P1
4
.100
06/11/29
49,972
100,000
(b)
CCG
Receivables
Trust
4
.140
08/15/34
100,026
50,000
Centerpoint
Energy
Restoration
Bond
Co
III
LLC
4
.480
06/15/35
48,977
38,882
(b)
Chase
Auto
Owner
Trust
2024-3
5
.220
07/25/29
39,223
100,000
Chase
Issuance
Trust
4
.160
07/15/30
100,139
66,494
CNH
Equipment
Trust
2023-B
5
.600
02/15/29
67,303
50,000
CNH
Equipment
Trust
2024-C
4
.120
03/15/32
49,626
50,000
(b)
Compass
Datacenters
Issuer
III
LLC
5
.289
02/25/56
49,781
100,000
(b)
CPS
Auto
Receivables
Trust
2026-B
4
.930
07/15/32
100,177
150,000
(b),(d)
CSTL
Commercial
Mortgage
Trust
2024-GATE
4
.923
11/10/41
149,736
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
SECURITIZED
(continued)
$
60,374
(b)
Dell
Equipment
Finance
Trust
2025-1
4
.680
%
07/22/27
$
60,511
50,000
Drive
Auto
Receivables
Trust
2025-1
4
.730
09/15/32
50,160
10,508
(b)
Enterprise
Fleet
Financing
2024-3
LLC
5
.310
04/20/27
10,529
42,396
(b)
Enterprise
Fleet
Financing
2025-2
LLC
4
.510
02/22/28
42,516
100,000
(b)
Enterprise
Fleet
Financing
2025-3
LLC
4
.460
09/20/29
100,344
36,486
Exeter
Automobile
Receivables
Trust
2024-4
5
.290
08/15/30
36,587
50,000
Exeter
Automobile
Receivables
Trust
2026-2
4
.450
05/15/30
50,164
19,928
Fannie
Mae
Pool
FN
MA1489
3
.000
07/01/43
18,177
49,888
Fannie
Mae
Pool
FN
MA3211
4
.000
12/01/47
47,619
29,854
Fannie
Mae
Pool
FN
MA3277
4
.000
02/01/48
28,216
67,606
Fannie
Mae
Pool
FN
MA3305
3
.500
03/01/48
62,340
20,258
Fannie
Mae
Pool
FN
MA3306
4
.000
03/01/48
19,149
40,907
Fannie
Mae
Pool
FN
MA3383
3
.500
06/01/48
37,772
113,343
Fannie
Mae
Pool
FN
MA3416
4
.500
07/01/48
110,107
38,044
Fannie
Mae
Pool
FN
MA3663
3
.500
05/01/49
35,039
58,667
Fannie
Mae
Pool
FN
MA3744
3
.000
08/01/49
52,137
148,593
Fannie
Mae
Pool
FN
MA4160
3
.000
10/01/50
130,577
208,152
Fannie
Mae
Pool
FN
MA4305
2
.000
04/01/51
167,763
375,500
Fannie
Mae
Pool
FN
MA4437
2
.000
10/01/51
302,259
108,217
Fannie
Mae
Pool
FN
MA4438
2
.500
10/01/51
91,180
356,700
Fannie
Mae
Pool
FN
MA4466
2
.500
11/01/51
301,125
102,999
Fannie
Mae
Pool
FN
MA4562
2
.000
03/01/52
82,744
212,962
Fannie
Mae
Pool
FN
MA4578
2
.500
04/01/52
179,327
68,875
Fannie
Mae
Pool
FN
MA4737
5
.000
08/01/52
68,215
331,750
Fannie
Mae
Pool
FN
MA4738
5
.500
08/01/52
334,892
142,500
Fannie
Mae
Pool
FN
MA4761
5
.000
09/01/52
141,301
102,109
Fannie
Mae
Pool
FN
MA4783
4
.000
10/01/52
95,998
57,801
Fannie
Mae
Pool
FN
MA5216
6
.000
12/01/53
59,090
58,158
Fannie
Mae
Pool
FN
MA5295
6
.000
03/01/54
59,376
46,315
Fannie
Mae
Pool
FN
MA5329
6
.500
04/01/54
48,055
38,532
Fannie
Mae
Pool
FN
MA5391
7
.000
06/01/54
40,681
102,081
Fannie
Mae
Pool
FN
MA5445
6
.000
08/01/54
104,179
142,552
Fannie
Mae
Pool
FN
MA5469
5
.000
09/01/54
140,521
65,809
Fannie
Mae
Pool
FN
MA5471
6
.000
09/01/54
67,187
77,502
Fannie
Mae
Pool
FN
MA5761
6
.000
07/01/55
79,125
144,658
Fannie
Mae
Pool
FN
MA5945
5
.500
01/01/56
145,488
361,055
Fannie
Mae
Pool
MA4492
FN
MA4492
2
.000
12/01/51
290,450
111,979
Fannie
Mae
Pool
MA4600
FN
MA4600
3
.500
05/01/52
101,995
250,000
(d)
Fannie
Mae-Aces
1
.843
11/25/31
219,921
100,000
Fannie
Mae-Aces
4
.389
08/25/35
98,303
225,000
Fannie
Mae-Aces
4
.300
01/25/36
218,462
36,241
Ford
Credit
Auto
Lease
Trust
2024-B
4
.990
12/15/27
36,361
45,018
Ford
Credit
Auto
Owner
Trust
2024-B
5
.100
04/15/29
45,368
100,000
Ford
Credit
Auto
Owner
Trust
2026-A
4
.020
01/15/29
100,047
100,000
(b)
Ford
Credit
Auto
Owner
Trust/Ford
Credit
4
.860
08/15/37
101,795
50,000
Ford
Credit
Floorplan
Master
Owner
Trust
A
4
.630
04/15/30
50,406
200,000
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
4
.819
06/25/28
202,082
200,000
(d)
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
4
.650
08/25/28
201,562
100,000
(d)
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
4
.800
09/25/28
101,168
50,000
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
4
.618
07/25/29
50,526
50,000
(d)
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
4
.700
11/25/29
50,642
30,000
(d)
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
4
.230
12/25/29
29,963
125,000
(d)
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
4
.410
01/25/30
125,575
300,000
(d)
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
4
.478
01/25/30
302,063
45,000
(d)
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
4
.513
02/25/30
45,348
35,000
(d)
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
4
.320
09/25/30
35,045
173,524
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
1
.353
11/25/30
163,127
35,000
(d)
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
4
.680
10/25/31
35,501
150,000
(d)
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
5
.150
12/25/33
155,653
90,000
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
4
.760
10/25/34
91,009
50,000
(d)
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
5
.000
02/25/35
51,362
100,000
(d)
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
4
.581
08/25/35
99,656
Portfolio
of
Investments
April
30,
2026
(continued)
NUAG
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
SECURITIZED
(continued)
$
100,000
(d)
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
4
.530
%
10/25/35
$
99,137
63,558
Freddie
Mac
Pool
FR
RQ0015
6
.500
06/01/55
65,908
199,491
Ginnie
Mae
II
Pool
G2
MA4586
3
.500
07/20/47
184,823
104,960
Ginnie
Mae
II
Pool
G2
MA6218
3
.000
10/20/49
94,052
106,886
Ginnie
Mae
II
Pool
G2
MA6710
3
.000
06/20/50
95,300
212,417
Ginnie
Mae
II
Pool
G2
MA6819
2
.500
08/20/50
182,155
338,795
Ginnie
Mae
II
Pool
G2
MA7051
2
.000
12/20/50
278,866
164,505
Ginnie
Mae
II
Pool
G2
MA7136
2
.500
01/20/51
141,063
166,074
Ginnie
Mae
II
Pool
G2
MA7192
2
.000
02/20/51
136,697
214,638
Ginnie
Mae
II
Pool
G2
MA7255
2
.500
03/20/51
183,942
367,237
Ginnie
Mae
II
Pool
G2
MA7533
2
.000
08/20/51
302,277
1,127,395
Ginnie
Mae
II
Pool
G2
MA7534
2
.500
08/20/51
966,164
317,482
Ginnie
Mae
II
Pool
G2
MA7535
3
.000
08/20/51
282,996
438,536
Ginnie
Mae
II
Pool
G2
MA7767
2
.500
12/20/51
376,034
198,358
Ginnie
Mae
II
Pool
G2
MA7768
3
.000
12/20/51
176,872
187,820
Ginnie
Mae
II
Pool
G2
MA7883
3
.500
02/20/52
171,482
346,325
Ginnie
Mae
II
Pool
G2
MA7935
2
.000
03/20/52
285,064
542,776
Ginnie
Mae
II
Pool
G2
MA8043
3
.000
05/20/52
483,800
214,011
Ginnie
Mae
II
Pool
G2
MA8046
4
.500
05/20/52
208,245
96,135
Ginnie
Mae
II
Pool
G2
MA8150
4
.000
07/20/52
90,733
180,616
Ginnie
Mae
II
Pool
G2
MA8489
4
.500
12/20/52
175,500
190,584
Ginnie
Mae
II
Pool
G2
MA8647
5
.000
02/20/53
189,938
141,404
Ginnie
Mae
II
Pool
G2
MA8800
5
.000
04/20/53
140,914
148,754
Ginnie
Mae
II
Pool
G2
MA8875
3
.500
05/20/53
137,212
168,720
Ginnie
Mae
II
Pool
G2
MA8879
5
.500
05/20/53
171,214
143,715
Ginnie
Mae
II
Pool
G2
MA8946
4
.500
06/20/53
139,317
157,298
Ginnie
Mae
II
Pool
G2
MA9106
5
.500
08/20/53
159,422
186,562
Ginnie
Mae
II
Pool
G2
MA9170
5
.000
09/20/53
185,690
142,011
Ginnie
Mae
II
Pool
G2
MA9489
6
.000
02/20/54
145,765
208,117
Ginnie
Mae
II
Pool
G2
MA9538
4
.000
03/20/54
194,934
89,439
Ginnie
Mae
II
Pool
G2
MA9727
6
.500
06/20/54
94,012
99,823
Ginnie
Mae
II
Pool
G2
MA9780
6
.000
07/20/54
102,117
580,810
Ginnie
Mae
II
Pool
G2
MA9851
5
.500
08/20/54
586,245
176,461
Ginnie
Mae
II
Pool
G2
MA9905
5
.000
09/20/54
175,169
258,598
Ginnie
Mae
II
Pool
G2
MA9906
5
.500
09/20/54
261,099
82,316
Ginnie
Mae
II
Pool
G2
MA9907
6
.000
09/20/54
84,169
95,901
Ginnie
Mae
II
Pool
G2
MA9963
4
.500
10/20/54
92,622
276,658
Ginnie
Mae
II
Pool
G2
MA9964
5
.000
10/20/54
274,639
56,416
Ginnie
Mae
II
Pool
G2
MA9966
6
.000
10/20/54
57,741
172,090
Ginnie
Mae
II
Pool
G2
MB0022
3
.500
11/20/54
155,683
93,660
Ginnie
Mae
II
Pool
G2
MB0028
6
.500
11/20/54
97,980
209,689
Ginnie
Mae
II
Pool
G2
MB0089
4
.000
12/20/54
195,899
143,867
Ginnie
Mae
II
Pool
G2
MB0259
5
.500
03/20/55
145,107
114,407
Ginnie
Mae
II
Pool
G2
MB0260
6
.000
03/20/55
116,981
91,719
Ginnie
Mae
II
Pool
G2
MB0307
5
.000
04/20/55
91,048
163,410
Ginnie
Mae
II
Pool
G2
MB0366
5
.500
05/20/55
164,869
100,072
Ginnie
Mae
II
Pool
G2
MB0367
6
.000
05/20/55
102,219
91,177
Ginnie
Mae
II
Pool
G2
MB0368
6
.500
05/20/55
95,372
66,699
Ginnie
Mae
II
Pool
G2
MB0369
7
.000
05/20/55
69,025
108,118
Ginnie
Mae
II
Pool
G2
MB0421
4
.000
06/20/55
100,974
137,142
Ginnie
Mae
II
Pool
G2
MB0425
6
.000
06/20/55
139,951
95,859
Ginnie
Mae
II
Pool
G2
MB0557
6
.000
08/20/55
97,808
108,524
Ginnie
Mae
II
Pool
G2
MB0619
3
.500
09/20/55
98,177
98,668
Ginnie
Mae
II
Pool
G2
MB0621
4
.500
09/20/55
95,234
98,312
Ginnie
Mae
II
Pool
G2
MB0622
5
.000
09/20/55
97,593
97,486
Ginnie
Mae
II
Pool
G2
MB0623
5
.500
09/20/55
98,265
143,733
Ginnie
Mae
II
Pool
G2
MB0624
6
.000
09/20/55
146,619
135,583
Ginnie
Mae
II
Pool
G2
MB0625
6
.500
09/20/55
141,821
197,341
Ginnie
Mae
II
Pool
G2
MB0746
5
.500
11/20/55
198,918
101,733
Ginnie
Mae
II
Pool
MA7589
G2
MA7589
2
.500
09/20/51
87,234
50,000
(b)
GLS
Auto
Receivables
Issuer
Trust
2025-2
4
.750
01/16/29
50,189
4,335
GM
Financial
Automobile
Leasing
Trust
2024-1
5
.090
03/22/27
4,338
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
SECURITIZED
(continued)
$
100,000
GM
Financial
Consumer
Automobile
Receivables
Trust
2025-3
4
.180
%
08/16/30
$
100,147
25,000
GM
Financial
Consumer
Automobile
Receivables
Trust
2025-3
4
.300
09/16/31
25,064
100,000
(b)
GMF
Floorplan
Owner
Revolving
Trust
5
.340
06/15/28
100,167
149,914
GS
Mortgage
Securities
Trust
2016-GS4
3
.178
11/10/49
149,453
50,000
Harley-Davidson
Motorcycle
Trust
2025-A
4
.670
04/15/30
50,294
100,000
(b)
Hertz
Vehicle
Financing
III
LLC
4
.890
05/25/32
99,934
36,513
Honda
Auto
Receivables
2024-2
Owner
Trust
5
.270
11/20/28
36,807
50,000
Honda
Auto
Receivables
2026-1
Owner
Trust
3
.780
09/23/30
49,619
150,000
(b),(d)
Houston
Galleria
Mall
Trust
2025-HGLR
5
.644
02/05/45
153,684
100,000
(b)
HPEFS
Equipment
Trust
2025-1
4
.430
09/20/32
100,382
100,000
(b)
Hyundai
Auto
Lease
Securitization
Trust
2025-B
4
.530
04/17/28
100,465
50,000
Hyundai
Auto
Receivables
Trust
3
.790
02/18/31
49,612
45,000
Hyundai
Auto
Receivables
Trust
2025-C
3
.890
01/15/32
44,553
50,000
John
Deere
Owner
Trust
2026
3
.870
08/15/30
49,552
100,000
(b)
Kubota
Credit
Owner
Trust
2025-1
4
.670
06/15/29
100,693
50,000
(b)
LAD
Auto
Receivables
Trust
2026-1
3
.920
04/15/31
49,562
50,000
Mercedes-Benz
Auto
Lease
Trust
2025-B
3
.880
04/16/29
49,734
25,000
Mercedes-Benz
Auto
Receivables
Trust
2024-1
4
.790
07/15/31
25,236
50,000
Morgan
Stanley
BAML
Trust
5
.107
11/15/58
50,763
10,576
Morgan
Stanley
Capital
I
Trust
2021-L5
1
.518
05/15/54
10,553
95,849
(b)
Morgan
Stanley
Capital
I
Trust
2024-BPR2
7
.291
05/05/29
100,107
100,000
(b),(c)
Navient
Education
Loan
Trust
2026-A
4
.860
09/15/56
100,728
50,000
Nissan
Auto
Lease
Trust
2025-A
4
.750
03/15/28
50,359
50,000
(b)
NMEF
Funding
2026-A
LLC
4
.200
02/15/34
49,677
100,000
(b)
OneMain
Financial
Issuance
Trust
2023-2
6
.170
09/15/36
102,110
100,000
(b)
PFS
Financing
Corp
4
.470
05/15/30
100,314
100,000
Santander
Drive
Auto
Receivables
Trust
2023-4
6
.040
12/15/31
102,018
50,000
(b)
SFS
Auto
Receivables
Securitization
Trust
2025-3
4
.120
04/21/31
49,889
50,000
(b)
Stack
Infrastructure
Issuer
LLC
5
.000
03/27/56
48,363
100,000
(b)
Stellantis
Financial
Underwrit
4
.110
04/20/29
99,657
98,750
(b)
Subway
Funding
LLC
6
.028
07/30/54
99,535
100,000
(b)
Toyota
Auto
Loan
Extended
Note
Trust
2025-1
4
.650
05/25/38
101,137
45,522
Toyota
Auto
Receivables
2024-C
Owner
Trust
4
.880
03/15/29
45,816
50,000
Toyota
Auto
Receivables
2025-A
Owner
Trust
4
.640
08/15/29
50,301
50,000
(b)
Toyota
Lease
Owner
Trust
2026-A
3
.820
02/20/29
49,713
50,000
(b)
VB-S1
Issuer
LLC
4
.693
03/15/56
48,953
45,000
Verizon
Master
Trust
5
.210
06/20/29
45,110
40,000
Verizon
Master
Trust
4
.400
06/20/31
40,191
50,000
Volkswagen
Auto
Lease
Trust
2025-B
4
.010
01/22/29
49,942
50,000
(b)
Volvo
Financial
Equipment
LLC
3
.930
05/15/30
49,651
200,000
Wells
Fargo
Commercial
Mortgage
Trust
2024-5C1
5
.928
07/15/57
206,661
75,000
Wells
Fargo
Commercial
Mortgage
Trust
2026-C66
5
.649
04/15/59
77,948
50,000
(b)
Westlake
Automobile
Receivable
4
.010
03/17/31
49,418
50,000
(b)
Westlake
Automobile
Receivables
Trust
2025-1
4
.750
08/15/28
50,190
75,607
(b)
Wheels
Fleet
Lease
Funding
1
LLC
4
.800
09/19/39
76,081
34,805
World
Omni
Auto
Receivables
Trust
2024-B
5
.270
09/17/29
35,071
50,000
World
Omni
Auto
Receivables
Trust
2025-D
3
.950
03/17/31
49,711
TOTAL
SECURITIZED
(Cost
$24,200,647)
24,087,861
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
U.S.
TREASURY
-
30.2%
2,800
United
States
Treasury
Note/Bond
3
.250
06/30/27
2,782
400
United
States
Treasury
Note/Bond
2
.750
07/31/27
395
1,840,000
United
States
Treasury
Note/Bond
3
.625
08/31/27
1,834,609
715,000
United
States
Treasury
Note/Bond
3
.500
09/30/27
711,453
1,345,000
United
States
Treasury
Note/Bond
3
.500
10/31/27
1,337,697
255,000
United
States
Treasury
Note/Bond
3
.375
11/30/27
253,038
2,910,000
United
States
Treasury
Note/Bond
3
.500
01/31/28
2,891,017
570,000
United
States
Treasury
Note/Bond
3
.375
02/29/28
565,012
5,250,000
United
States
Treasury
Note/Bond
3
.875
03/31/28
5,248,769
Portfolio
of
Investments
April
30,
2026
(continued)
NUAG
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
U.S.
TREASURY
(continued)
$
125,000
United
States
Treasury
Note/Bond
3
.625
%
05/31/28
$
124,331
90,000
United
States
Treasury
Note/Bond
4
.375
08/31/28
90,935
90,000
United
States
Treasury
Note/Bond
4
.875
10/31/28
92,050
140,000
United
States
Treasury
Note/Bond
3
.125
11/15/28
137,370
100,000
United
States
Treasury
Note/Bond
4
.000
01/31/29
100,223
275,000
United
States
Treasury
Note/Bond
3
.500
02/15/29
272,035
275,000
United
States
Treasury
Note/Bond
4
.250
02/28/29
277,449
140,000
United
States
Treasury
Note/Bond
3
.875
04/15/29
139,858
250,000
United
States
Treasury
Note/Bond
3
.500
09/30/29
246,465
200,000
United
States
Treasury
Note/Bond
4
.125
10/31/29
201,102
450,000
United
States
Treasury
Note/Bond
4
.125
11/30/29
452,531
600,000
United
States
Treasury
Note/Bond
4
.375
12/31/29
608,414
2,800,000
United
States
Treasury
Note/Bond
4
.250
01/31/30
2,827,234
350,000
United
States
Treasury
Note/Bond
4
.000
03/31/30
350,328
200,000
United
States
Treasury
Note/Bond
3
.875
06/30/30
199,141
150,000
United
States
Treasury
Note/Bond
3
.875
07/31/30
149,314
100,000
United
States
Treasury
Note/Bond
3
.625
08/31/30
98,496
300,000
United
States
Treasury
Note/Bond
3
.625
09/30/30
295,453
700,000
United
States
Treasury
Note/Bond
3
.625
10/31/30
689,145
1,400,000
United
States
Treasury
Note/Bond
3
.625
12/31/30
1,377,086
1,630,000
United
States
Treasury
Note/Bond
3
.750
01/31/31
1,611,408
1,700,000
United
States
Treasury
Note/Bond
3
.875
03/31/31
1,688,711
30,000
United
States
Treasury
Note/Bond
4
.000
02/15/34
29,468
60,000
United
States
Treasury
Note/Bond
4
.250
11/15/34
59,700
50,000
United
States
Treasury
Note/Bond
4
.625
02/15/35
51,051
200,000
United
States
Treasury
Note/Bond
4
.250
05/15/35
198,508
430,000
United
States
Treasury
Note/Bond
4
.125
02/15/36
420,930
1,080,000
United
States
Treasury
Note/Bond
4
.625
02/15/46
1,031,400
25,000
United
States
Treasury
Note/Bond
4
.750
11/15/53
24,006
100,000
United
States
Treasury
Note/Bond
4
.500
11/15/54
92,246
250,000
United
States
Treasury
Note/Bond
4
.625
02/15/55
235,439
100,000
United
States
Treasury
Note/Bond
4
.750
05/15/55
96,145
200,000
United
States
Treasury
Note/Bond
4
.750
08/15/55
192,406
500,000
United
States
Treasury
Note/Bond
4
.625
11/15/55
471,562
490,000
United
States
Treasury
Note/Bond
4
.750
02/15/56
471,778
TOTAL
U.S.
TREASURY
(Cost
$28,411,095)
28,248,490
TOTAL
LONG-TERM
INVESTMENTS
(Cost
$93,111,600)
91,338,765
SHARES
DESCRIPTION
RATE
VALUE
INVESTMENTS
PURCHASED
WITH
COLLATERAL
FROM
SECURITIES
LENDING
-
0.5%
510,793
(e)
State
Street
Navigator
Securities
Lending
Government
Money
Market
Portfolio
3
.670
(f)
$
510,793
TOTAL
INVESTMENTS
PURCHASED
WITH
COLLATERAL
FROM
SECURITIES
LENDING
(Cost
$510,793)
510,793
TOTAL
INVESTMENTS
-
98
.3
%
(Cost
$
93,622,393
)
91,849,558
OTHER
ASSETS
&
LIABILITIES,
NET
-
1.7%
1,592,710
NET
ASSETS
-
100%
$
93,442,268
REIT
Real
Estate
Investment
Trust
S&P
Standard
&
Poor's
(a)
Investment,
or
a
portion
of
investment,
is
out
on
loan
for
securities
lending.
The
total
value
of
the
securities
out
on
loan
as
of
the
end
of
the
reporting
period
was
$456,943.
(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
$3,212,665
or
3.5%
of
Total
Investments.
(c)
When-issued
or
delayed
delivery
security.
(d)
Floating
or
variable
rate
security
includes
the
reference
rate
and
spread,
when
applicable. For
mortgage-backed
or
asset-backed
securities
the
variable
rate
is
based
on
the
underlying
asset
of
the
security.
Coupon
rate
reflects
the
rate
at
period
end.
Part
F
of
Form
N-PORT
was
prepared
in
accordance
with
U.S.
generally
accepted
accounting
principles
(“U.S.
GAAP”)
and
in
conformity
with
the
applicable
rules
and
regulations
of
the
U.S.
Securities
and
Exchange
Commission
(“SEC”)
related
to
interim
filings.
Part
F
of
Form
N-PORT
does
not
include
all
information
and
footnotes
required
by
U.S.
GAAP
for
complete
financial
statements.
Certain
footnote
disclosures
normally
included
in
financial
statements
prepared
in
accordance
with
U.S.
GAAP
have
been
condensed
or
omitted
from
this
report
pursuant
to
the
rules
of
the
SEC.
For
a
full
set
of
the
Fund’s
notes
to
financial
statements,
please
refer
to
the
Fund’s
most
recently
filed
annual
or
semi-annual
report.
Fair
Value
Measurements
The
Fund’s
investments
in
securities
are
recorded
at
their
estimated
fair
value
utilizing
valuation
methods
approved
by
the
Board
of
Directors/
Trustees.
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
which
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).
The
following
table
summarizes
the
market
value
of
the
Fund's
investments
as
of
the
end
of
the
reporting
period,
based
on
the
inputs
used
to
value
them:
(e)
The
Fund
may
loan
securities
representing
up
to
one
third
of
the
value
of
its
total
assets
(which
includes
collateral
for
securities
on
loan)
to
broker
dealers,
banks,
and
other
institutions.
The
collateral
maintained
by
the
Fund
shall
have
a
value,
at
the
inception
of
each
loan,
equal
to
not
less
than
100%
of
the
value
of
the
loaned
securities.
The
cash
collateral
received
by
the
Fund
is
invested
in
this
money
market
fund.
(f)
The
rate
shown
is
the
one-day
yield
as
of
the
end
of
the
reporting
period.
NUAG
Level
1
Level
2
Level
3
Total
Long-Term
Investments:
Corporate
Debt
$
–
$
30,343,129
$
–
$
30,343,129
Government
Related
–
8,659,285
–
8,659,285
Securitized
–
24,087,861
–
24,087,861
U.S.
Treasury
–
28,248,490
–
28,248,490
Investments
Purchased
with
Collateral
from
Securities
Lending
510,793
–
–
510,793
Total
$
510,793
$
91,338,765
$
–
$
91,849,558
a
Portfolio
of
Investments
April
30,
2026
NUSA
(Unaudited)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
LONG-TERM
INVESTMENTS
-
98.2%
CORPORATE
DEBT
-
23.7%
FINANCIALS
-
9.6%
$
80,000
AerCap
Ireland
Capital
DAC
/
AerCap
Global
Aviation
Trust
3
.875
%
01/23/28
$
79,123
20,000
Ally
Financial
Inc
7
.100
11/15/27
20,716
90,000
American
Express
Co
5
.850
11/05/27
92,046
50,000
American
International
Group
Inc
4
.850
05/07/30
50,496
50,000
Banco
Santander
SA
2
.749
12/03/30
45,228
140,000
Bank
of
America
Corp
4
.376
04/27/28
139,956
50,000
Bank
of
America
Corp
5
.162
01/24/31
50,930
50,000
Bank
of
Montreal
5
.004
01/27/29
50,422
50,000
Bank
of
New
York
Mellon
Corp/The
4
.441
06/09/28
50,105
50,000
Bank
of
New
York
Mellon
Corp/The
4
.026
01/22/30
49,479
50,000
Bank
of
Nova
Scotia/The
5
.130
02/14/31
50,872
15,000
Blackrock
Inc
1
.900
01/28/31
13,380
5,000
Brown
&
Brown
Inc
2
.375
03/15/31
4,420
10,000
Canadian
Imperial
Bank
of
Commerce
5
.260
04/08/29
10,228
14,000
Capital
One
Financial
Corp
3
.800
01/31/28
13,844
50,000
Capital
One
Financial
Corp
4
.722
01/30/32
49,407
20,000
Charles
Schwab
Corp/The
5
.643
05/19/29
20,519
150,000
Citigroup
Inc
4
.658
05/24/28
150,373
50,000
Citigroup
Inc
4
.952
05/07/31
50,346
50,000
Citizens
Financial
Group
Inc
5
.299
01/29/36
49,570
50,000
Deutsche
Bank
AG/New
York
NY
5
.371
09/09/27
50,757
30,000
Digital
Realty
Trust
LP
3
.700
08/15/27
29,722
20,000
Elevance
Health
Inc
3
.650
12/01/27
19,790
7,000
Equitable
Holdings
Inc
4
.350
04/20/28
6,972
14,000
Goldman
Sachs
Group
Inc/The
6
.484
10/24/29
14,616
50,000
Goldman
Sachs
Group
Inc/The
4
.594
04/20/30
49,890
50,000
Goldman
Sachs
Group
Inc/The
5
.218
04/23/31
50,814
102,000
HSBC
Holdings
PLC
4
.755
06/09/28
102,234
40,000
HSBC
Holdings
PLC
2
.357
08/18/31
36,188
50,000
Humana
Inc
5
.750
12/01/28
51,200
50,000
Intercontinental
Exchange
Inc
3
.950
12/01/28
49,580
38,000
JPMorgan
Chase
&
Co
4
.851
07/25/28
38,207
50,000
JPMorgan
Chase
&
Co
4
.995
07/22/30
50,616
50,000
JPMorgan
Chase
&
Co
4
.603
10/22/30
50,116
70,000
JPMorgan
Chase
&
Co
5
.140
01/24/31
71,244
50,000
JPMorgan
Chase
&
Co
4
.347
01/22/32
49,235
125,000
(a)
Kreditanstalt
fuer
Wiederaufbau
3
.750
03/14/31
123,485
20,000
M&T
Bank
Corp
7
.413
10/30/29
21,316
10,000
Marsh
&
McLennan
Cos
Inc
2
.250
11/15/30
9,062
5,000
Mid-America
Apartments
LP
1
.700
02/15/31
4,384
60,000
Mitsubishi
UFJ
Financial
Group
Inc
4
.080
04/19/28
59,828
40,000
Mizuho
Financial
Group
Inc
4
.018
03/05/28
39,778
83,000
Morgan
Stanley
5
.164
04/20/29
83,944
100,000
Morgan
Stanley
5
.042
07/19/30
101,136
60,000
Morgan
Stanley
5
.192
04/17/31
60,941
32,000
Nasdaq
Inc
5
.350
06/28/28
32,598
50,000
Oesterreichische
Kontrollbank
AG
3
.750
01/15/31
49,343
50,000
ORIX
Corp
4
.450
09/09/30
49,579
50,000
PNC
Financial
Services
Group
Inc/The
5
.222
01/29/31
51,042
10,000
Progressive
Corp/The
2
.500
03/15/27
9,866
50,000
Prologis
LP
1
.750
07/01/30
44,706
50,000
Prologis
LP
4
.250
06/15/31
49,195
100,000
Royal
Bank
of
Canada
4
.969
08/02/30
101,232
20,000
Santander
Holdings
USA
Inc
6
.174
01/09/30
20,641
40,000
State
Street
Corp
5
.820
11/04/28
40,872
25,000
State
Street
Corp
4
.558
04/23/32
24,880
80,000
Sumitomo
Mitsui
Financial
Group
Inc
4
.660
07/08/31
79,672
50,000
Synchrony
Financial
5
.019
07/29/29
50,007
50,000
Toronto-Dominion
Bank/The
4
.808
06/03/30
50,418
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
FINANCIALS
(continued)
$
50,000
Truist
Financial
Corp
7
.161
%
10/30/29
$
53,046
50,000
Truist
Financial
Corp
4
.680
04/23/32
49,552
25,000
US
Bancorp
5
.775
06/12/29
25,656
10,000
Voya
Financial
Inc
4
.700
01/23/48
9,677
50,000
Webster
Financial
Corp
5
.784
09/11/35
50,635
50,000
Welltower
OP
LLC
4
.500
07/01/30
50,001
40,000
Westpac
Banking
Corp
5
.050
04/16/29
40,952
20,000
Willis
North
America
Inc
4
.650
06/15/27
20,047
TOTAL
FINANCIALS
3,220,132
INDUSTRIAL
-
12.3%
60,000
AbbVie
Inc
4
.800
03/15/29
60,868
50,000
Adobe
Inc
4
.950
01/17/30
50,956
5,000
Agilent
Technologies
Inc
2
.300
03/12/31
4,496
50,000
American
Honda
Finance
Corp
4
.500
09/04/30
49,370
50,000
American
Tower
Corp
4
.900
03/15/30
50,495
40,000
Amgen
Inc
3
.200
11/02/27
39,416
20,000
Analog
Devices
Inc
4
.500
06/15/30
20,055
90,000
Apple
Inc
1
.650
02/08/31
80,388
10,000
Applied
Materials
Inc
4
.000
01/15/31
9,812
20,000
Arrow
Electronics
Inc
5
.150
08/21/29
20,208
50,000
Astrazeneca
Finance
LLC
4
.850
02/26/29
50,801
50,000
AT&T
Inc
4
.400
04/30/31
49,443
15,000
AutoZone
Inc
1
.650
01/15/31
13,087
100,000
Broadcom
Inc
4
.200
10/15/30
98,760
50,000
Broadcom
Inc
4
.300
01/15/31
49,599
50,000
Bunge
Ltd
Finance
Corp
4
.550
08/04/30
49,874
50,000
Caterpillar
Financial
Services
Corp
4
.800
01/08/30
51,173
5,000
Choice
Hotels
International
Inc
3
.700
01/15/31
4,688
70,000
Cigna
Group/The
5
.000
05/15/29
71,184
50,000
Cintas
Corp
No
2
4
.200
05/01/28
49,976
100,000
Cisco
Systems
Inc
4
.750
02/24/30
101,585
50,000
CNH
Industrial
Capital
LLC
4
.500
10/08/27
50,037
60,000
Coca-Cola
Co/The
1
.500
03/05/28
57,465
10,000
Colgate-Palmolive
Co
3
.100
08/15/27
9,896
10,000
Colgate-Palmolive
Co
4
.200
05/01/30
10,015
50,000
Comcast
Corp
4
.150
10/15/28
49,814
50,000
Conagra
Brands
Inc
5
.000
08/01/30
50,037
50,000
Cummins
Inc
4
.250
05/09/28
50,078
20,000
Dell
International
LLC
/
EMC
Corp
5
.250
02/01/28
20,283
70,000
Eastman
Chemical
Co
5
.000
08/01/29
70,726
10,000
eBay
Inc
5
.950
11/22/27
10,220
10,000
Ecolab
Inc
1
.300
01/30/31
8,658
50,000
Eli
Lilly
&
Co
4
.150
08/14/27
50,092
10,000
Eli
Lilly
&
Co
4
.000
10/15/28
9,981
5,000
Emerson
Electric
Co
1
.950
10/15/30
4,516
50,000
Enbridge
Inc
5
.300
04/05/29
51,061
25,000
Energy
Transfer
LP
6
.400
12/01/30
26,684
20,000
Equinix
Inc
1
.800
07/15/27
19,399
145,000
Estee
Lauder
Cos
Inc/The
1
.950
03/15/31
128,208
15,000
Fidelity
National
Information
Services
Inc
1
.650
03/01/28
14,231
40,000
Fiserv
Inc
5
.450
03/02/28
40,500
5,000
Fortinet
Inc
2
.200
03/15/31
4,452
30,000
GE
HealthCare
Technologies
Inc
4
.800
08/14/29
30,235
20,000
General
Mills
Inc
4
.200
04/17/28
19,894
100,000
General
Motors
Financial
Co
Inc
5
.450
07/15/30
102,447
5,000
Genuine
Parts
Co
1
.875
11/01/30
4,342
10,000
Gilead
Sciences
Inc
2
.950
03/01/27
9,913
15,000
Global
Payments
Inc
4
.950
08/15/27
15,043
10,000
Hershey
Co/The
4
.550
02/24/28
10,076
30,000
Hewlett
Packard
Enterprise
Co
5
.250
07/01/28
30,440
50,000
Home
Depot
Inc/The
3
.750
09/15/28
49,650
20,000
Home
Depot
Inc/The
4
.900
04/15/29
20,376
Portfolio
of
Investments
April
30,
2026
(continued)
NUSA
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
INDUSTRIAL
(continued)
$
5,000
Hubbell
Inc
2
.300
%
03/15/31
$
4,517
50,000
IBM
International
Capital
Pte
Ltd
4
.600
02/05/29
50,271
30,000
Illumina
Inc
5
.750
12/13/27
30,534
50,000
Intel
Corp
1
.600
08/12/28
46,931
25,000
International
Business
Machines
Corp
4
.150
07/27/27
24,972
10,000
IQVIA
Inc
6
.250
02/01/29
10,373
50,000
Jabil
Inc
4
.200
02/01/29
49,392
40,000
John
Deere
Capital
Corp
4
.950
07/14/28
40,678
50,000
John
Deere
Capital
Corp
4
.375
04/15/31
49,808
30,000
Kellanova
3
.400
11/15/27
29,630
20,000
Keurig
Dr
Pepper
Inc
5
.050
03/15/29
20,213
20,000
Kinder
Morgan
Inc
2
.000
02/15/31
17,729
5,000
Kroger
Co/The
1
.700
01/15/31
4,396
20,000
Laboratory
Corp
of
America
Holdings
3
.600
09/01/27
19,811
20,000
Lennox
International
Inc
1
.700
08/01/27
19,344
50,000
Lowe's
Cos
Inc
4
.000
10/15/28
49,616
50,000
Marriott
International
Inc/MD
4
.875
05/15/29
50,559
5,000
Masco
Corp
2
.000
02/15/31
4,419
20,000
Mastercard
Inc
4
.875
03/09/28
20,280
10,000
Mastercard
Inc
4
.550
03/15/28
10,081
10,000
McCormick
&
Co
Inc/MD
3
.400
08/15/27
9,874
30,000
Merck
&
Co
Inc
4
.050
05/17/28
30,019
50,000
Microsoft
Corp
1
.350
09/15/30
44,519
50,000
Mosaic
Co/The
4
.350
01/15/29
49,709
10,000
Motorola
Solutions
Inc
4
.600
02/23/28
10,026
20,000
MPLX
LP
4
.250
12/01/27
19,949
50,000
National
Fuel
Gas
Co
5
.500
03/15/30
51,028
10,000
Nokia
Oyj
4
.375
06/12/27
9,981
10,000
Nordson
Corp
4
.500
12/15/29
9,991
50,000
Novartis
Capital
Corp
4
.100
11/05/30
49,345
10,000
Nutrien
Ltd
5
.200
06/21/27
10,082
50,000
Oracle
Corp
4
.800
08/03/28
49,931
100,000
Oracle
Corp
4
.200
09/27/29
97,215
135,000
O'Reilly
Automotive
Inc
1
.750
03/15/31
118,085
50,000
PACCAR
Financial
Corp
4
.550
05/08/30
50,416
10,000
Parker-Hannifin
Corp
4
.250
09/15/27
10,001
10,000
Phillips
66
Co
3
.750
03/01/28
9,890
10,000
Regal
Rexnord
Corp
6
.050
04/15/28
10,251
50,000
Republic
Services
Inc
4
.750
07/15/30
50,593
5,000
Revvity
Inc
2
.550
03/15/31
4,494
10,000
Rogers
Communications
Inc
3
.200
03/15/27
9,898
40,000
Roper
Technologies
Inc
1
.400
09/15/27
38,360
10,000
Ryder
System
Inc
6
.300
12/01/28
10,439
50,000
Ryder
System
Inc
4
.900
12/01/29
50,556
50,000
Sanofi
SA
3
.800
11/03/28
49,684
5,000
ServiceNow
Inc
1
.400
09/01/30
4,357
20,000
Sherwin-Williams
Co/The
3
.450
06/01/27
19,822
10,000
Stanley
Black
&
Decker
Inc
4
.250
11/15/28
9,979
50,000
Starbucks
Corp
4
.800
05/15/30
50,504
50,000
Stryker
Corp
4
.850
02/10/30
50,642
10,000
Sysco
Corp
3
.250
07/15/27
9,854
50,000
Texas
Instruments
Inc
4
.500
05/23/30
50,273
10,000
Toll
Brothers
Finance
Corp
3
.800
11/01/29
9,744
50,000
Toyota
Motor
Credit
Corp
4
.050
09/05/28
49,873
50,000
Toyota
Motor
Credit
Corp
4
.800
05/15/30
50,648
12,000
TransCanada
PipeLines
Ltd
4
.250
05/15/28
11,952
20,000
Tyco
Electronics
Group
SA
4
.625
02/01/30
20,194
5,000
Uber
Technologies
Inc
4
.150
01/15/31
4,901
20,000
Unilever
Capital
Corp
4
.875
09/08/28
20,328
50,000
Valero
Energy
Corp
5
.150
02/15/30
51,017
60,000
Verizon
Communications
Inc
2
.100
03/22/28
57,621
50,000
Visa
Inc
4
.100
02/12/31
49,859
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
INDUSTRIAL
(continued)
$
50,000
Walt
Disney
Co/The
4
.000
%
03/14/31
$
49,175
50,000
Westinghouse
Air
Brake
Technologies
Corp
4
.900
05/29/30
50,595
10,000
Weyerhaeuser
Co
4
.000
04/15/30
9,747
80,000
Williams
Cos
Inc/The
4
.800
11/15/29
80,724
20,000
Zimmer
Biomet
Holdings
Inc
5
.350
12/01/28
20,426
TOTAL
INDUSTRIAL
4,145,128
UTILITY
-
1.8%
38,000
American
Water
Capital
Corp
2
.950
09/01/27
37,356
20,000
Atlantic
City
Electric
Co
2
.300
03/15/31
18,011
20,000
Atmos
Energy
Corp
3
.000
06/15/27
19,741
50,000
Black
Hills
Corp
4
.550
01/31/31
49,515
50,000
Consumers
Energy
Co
4
.500
01/15/31
49,916
50,000
DTE
Energy
Co
4
.950
07/01/27
50,309
60,000
Edison
International
5
.250
11/15/28
60,274
140,000
Entergy
Texas
Inc
1
.750
03/15/31
122,665
50,000
FirstEnergy
Transmission
LLC
4
.550
01/15/30
49,954
25,000
NiSource
Inc
1
.700
02/15/31
21,787
25,000
OGE
Energy
Corp
5
.450
05/15/29
25,582
30,000
Ohio
Power
Co
1
.625
01/15/31
26,210
15,000
Piedmont
Natural
Gas
Co
Inc
2
.500
03/15/31
13,535
50,000
Public
Service
Electric
and
Gas
Co
4
.200
01/01/31
49,430
5,000
Tampa
Electric
Co
2
.400
03/15/31
4,530
20,000
Wisconsin
Public
Service
Corp
4
.250
01/15/31
19,797
TOTAL
UTILITY
618,612
TOTAL
CORPORATE
DEBT
(Cost
$7,961,702)
7,983,872
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
GOVERNMENT
RELATED
-
4.8%
GOVERNMENT
AGENCY
-
1.5%
25,000
Equinor
ASA
3
.000
04/06/27
24,791
50,000
Export
Development
Canada
3
.750
09/07/27
49,872
25,000
Export
Development
Canada
4
.125
02/13/29
25,118
200,000
Export-Import
Bank
of
Korea
4
.500
01/11/29
202,025
80,000
Kreditanstalt
fuer
Wiederaufbau
3
.500
08/27/27
79,608
50,000
Kreditanstalt
fuer
Wiederaufbau
3
.500
08/09/28
49,566
25,000
Kreditanstalt
fuer
Wiederaufbau
4
.000
03/15/29
25,049
45,000
Oesterreichische
Kontrollbank
AG
4
.000
05/28/28
45,037
TOTAL
GOVERNMENT
AGENCY
501,066
MUNICIPAL
BONDS
-
0.5%
28,000
Province
of
British
Columbia
Canada
4
.800
11/15/28
28,514
10,000
Province
of
British
Columbia
Canada
1
.300
01/29/31
8,769
60,000
Province
of
Ontario
Canada
4
.200
01/18/29
60,274
10,000
Province
of
Ontario
Canada
1
.600
02/25/31
8,889
60,000
Province
of
Quebec
Canada
4
.500
04/03/29
60,752
10,000
Province
of
Saskatchewan
Canada
4
.650
01/28/30
10,168
TOTAL
MUNICIPAL
BONDS
177,366
SOVEREIGN
DEBT
-
2.8%
175,000
Asian
Development
Bank
0
.750
10/08/30
151,926
100,000
Canada
Government
International
Bond
3
.750
04/26/28
99,785
50,000
Council
Of
Europe
Development
Bank
3
.625
05/08/28
49,699
60,000
Council
Of
Europe
Development
Bank
4
.500
01/15/30
60,981
40,000
European
Investment
Bank
2
.375
05/24/27
39,356
20,000
European
Investment
Bank
3
.875
06/15/28
19,989
40,000
European
Investment
Bank
3
.750
05/15/29
39,760
50,000
European
Investment
Bank
4
.750
06/15/29
51,185
50,000
European
Investment
Bank
3
.750
03/13/31
49,328
40,000
Indonesia
Government
International
Bond
4
.550
01/11/28
40,202
50,000
Inter-American
Development
Bank
3
.750
06/14/30
49,520
10,000
Inter-American
Development
Bank
1
.125
01/13/31
8,763
60,000
International
Bank
for
Reconstruction
&
Development
4
.625
08/01/28
60,901
Portfolio
of
Investments
April
30,
2026
(continued)
NUSA
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
SOVEREIGN
DEBT
(continued)
$
60,000
International
Bank
for
Reconstruction
&
Development
3
.875
%
10/16/29
$
59,812
50,000
International
Bank
for
Reconstruction
&
Development
3
.500
10/28/30
48,934
18,000
International
Finance
Corp
4
.500
07/13/28
18,216
50,000
International
Finance
Corp
3
.500
01/22/29
49,446
60,000
Republic
of
Poland
Government
International
Bond
4
.875
02/12/30
61,240
TOTAL
SOVEREIGN
DEBT
959,043
TOTAL
GOVERNMENT
RELATED
(Cost
$1,636,906)
1,637,475
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
SECURITIZED
-
6.7%
46,582
BANK
2021-BNK34
1
.935
06/15/63
44,908
45,000
BANK5
2024-5YR9
5
.614
08/15/57
46,254
50,000
BBCMS
Mortgage
Trust
2025-5C33
5
.839
03/15/58
51,921
78,556
Benchmark
2021-B29
Mortgage
Trust
2
.024
09/15/54
77,452
50,000
(b)
Benchmark
2024-V7
Mortgage
Trust
6
.228
05/15/56
52,073
50,000
BMO
2025-5C10
Mortgage
Trust
5
.578
05/15/58
51,462
50,000
Capital
One
Multi-Asset
Execution
Trust
3
.920
09/15/29
49,955
52,616
CarMax
Auto
Owner
Trust
2023-4
6
.000
07/17/28
53,100
100,000
Chase
Issuance
Trust
4
.160
07/15/30
100,139
48,529
Fannie
Mae
Pool
FN
MA3798
3
.000
10/01/34
46,623
13,389
Fannie
Mae
Pool
FN
MA3828
3
.000
11/01/34
12,863
14,649
Fannie
Mae
Pool
FN
MA3897
3
.000
01/01/35
14,065
83,811
Fannie
Mae
Pool
FN
MA3985
3
.000
04/01/35
80,348
207,048
Fannie
Mae
Pool
FN
MA4206
2
.000
12/01/35
190,433
205,771
Fannie
Mae
Pool
FN
MA4404
2
.500
08/01/36
193,953
86,613
Fannie
Mae
Pool
FN
MA4417
1
.500
09/01/36
77,713
161,013
Fannie
Mae
Pool
FN
MA4469
1
.500
11/01/36
144,467
122,224
Fannie
Mae
Pool
FN
MA4567
2
.000
03/01/37
112,114
60,615
Fannie
Mae
Pool
FN
MA4583
2
.500
04/01/37
57,058
56,459
Fannie
Mae
Pool
FN
MA4990
4
.500
04/01/38
56,183
65,154
Fannie
Mae
Pool
FN
MA5023
4
.000
05/01/38
63,589
63,199
Fannie
Mae
Pool
FN
MA5061
5
.500
06/01/38
64,623
26,620
Fannie
Mae
Pool
FN
MA5093
5
.000
07/01/38
26,845
54,579
Fannie
Mae
Pool
FN
MA5145
6
.000
09/01/38
56,373
44,855
Freddie
Mac
Gold
Pool
FG
G18642
3
.500
04/01/32
44,134
100,000
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
4
.819
06/25/28
101,041
50,000
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
4
.618
07/25/29
50,525
50,000
(b)
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
4
.410
01/25/30
50,230
45,000
(b)
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
4
.513
02/25/30
45,348
44,812
Honda
Auto
Receivables
2024-3
Owner
Trust
4
.570
03/21/29
44,990
31,105
(c)
SoFi
Professional
Loan
Program
2020-C
Trust
1
.950
02/15/46
29,283
50,000
Toyota
Auto
Receivables
2025-A
Owner
Trust
4
.640
08/15/29
50,301
45,000
Verizon
Master
Trust
5
.210
06/20/29
45,110
95,271
Wells
Fargo
Commercial
Mortgage
Trust
2018-C44
3
.948
05/15/51
94,320
TOTAL
SECURITIZED
(Cost
$2,312,512)
2,279,796
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
U.S.
TREASURY
-
63.0%
110,000
United
States
Treasury
Note/Bond
2
.625
05/31/27
108,638
87,000
United
States
Treasury
Note/Bond
3
.250
06/30/27
86,443
940,000
United
States
Treasury
Note/Bond
3
.750
06/30/27
939,229
175,000
United
States
Treasury
Note/Bond
2
.750
07/31/27
172,689
225,000
United
States
Treasury
Note/Bond
3
.875
07/31/27
225,062
150,000
United
States
Treasury
Note/Bond
3
.125
08/31/27
148,588
1,150,000
United
States
Treasury
Note/Bond
3
.625
08/31/27
1,146,631
550,000
United
States
Treasury
Note/Bond
3
.500
09/30/27
547,271
500,000
United
States
Treasury
Note/Bond
3
.500
10/31/27
497,285
500,000
United
States
Treasury
Note/Bond
4
.125
10/31/27
501,758
500,000
United
States
Treasury
Note/Bond
3
.875
11/30/27
499,941
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
U.S.
TREASURY
(continued)
$
400,000
United
States
Treasury
Note/Bond
3
.375
%
12/31/27
$
396,734
100,000
United
States
Treasury
Note/Bond
3
.875
12/31/27
99,977
500,000
United
States
Treasury
Note/Bond
3
.500
01/31/28
496,738
1,445,000
United
States
Treasury
Note/Bond
3
.375
02/29/28
1,432,357
300,000
United
States
Treasury
Note/Bond
4
.000
02/29/28
300,598
540,000
United
States
Treasury
Note/Bond
3
.625
03/31/28
537,342
700,000
United
States
Treasury
Note/Bond
3
.500
04/30/28
694,723
125,000
United
States
Treasury
Note/Bond
3
.750
04/30/28
124,678
400,000
United
States
Treasury
Note/Bond
3
.625
05/31/28
397,859
200,000
United
States
Treasury
Note/Bond
4
.000
06/30/28
200,453
75,000
United
States
Treasury
Note/Bond
4
.125
07/31/28
75,369
300,000
United
States
Treasury
Note/Bond
4
.625
09/30/28
304,992
250,000
United
States
Treasury
Note/Bond
4
.375
11/30/28
252,822
200,000
United
States
Treasury
Note/Bond
3
.500
01/15/29
197,922
300,000
United
States
Treasury
Note/Bond
4
.000
01/31/29
300,668
140,000
United
States
Treasury
Note/Bond
3
.500
02/15/29
138,491
500,000
United
States
Treasury
Note/Bond
4
.250
02/28/29
504,453
330,000
United
States
Treasury
Note/Bond
3
.500
03/15/29
326,365
300,000
United
States
Treasury
Note/Bond
4
.125
03/31/29
301,699
1,150,000
United
States
Treasury
Note/Bond
4
.625
04/30/29
1,172,730
600,000
United
States
Treasury
Note/Bond
4
.500
05/31/29
609,961
100,000
United
States
Treasury
Note/Bond
4
.250
06/30/29
100,949
100,000
United
States
Treasury
Note/Bond
4
.000
07/31/29
100,195
200,000
United
States
Treasury
Note/Bond
3
.625
08/31/29
198,023
150,000
United
States
Treasury
Note/Bond
3
.500
09/30/29
147,879
350,000
United
States
Treasury
Note/Bond
4
.125
10/31/29
351,928
420,000
United
States
Treasury
Note/Bond
4
.125
11/30/29
422,363
900,000
United
States
Treasury
Note/Bond
4
.375
12/31/29
912,621
545,000
United
States
Treasury
Note/Bond
4
.250
01/31/30
550,301
640,000
United
States
Treasury
Note/Bond
4
.000
03/31/30
640,600
150,000
United
States
Treasury
Note/Bond
3
.875
04/30/30
149,426
150,000
United
States
Treasury
Note/Bond
4
.000
05/31/30
150,094
600,000
United
States
Treasury
Note/Bond
3
.875
06/30/30
597,422
350,000
United
States
Treasury
Note/Bond
3
.875
07/31/30
348,400
950,000
United
States
Treasury
Note/Bond
3
.625
08/31/30
935,713
400,000
United
States
Treasury
Note/Bond
3
.625
09/30/30
393,938
500,000
United
States
Treasury
Note/Bond
3
.625
10/31/30
492,246
300,000
United
States
Treasury
Note/Bond
3
.625
12/31/30
295,090
335,000
United
States
Treasury
Note/Bond
3
.750
01/31/31
331,179
290,000
United
States
Treasury
Note/Bond
1
.125
02/15/31
253,829
125,000
United
States
Treasury
Note/Bond
3
.875
04/30/31
124,160
TOTAL
U.S.
TREASURY
(Cost
$21,215,299)
21,236,822
TOTAL
LONG-TERM
INVESTMENTS
(Cost
$33,126,419)
33,137,965
SHARES
DESCRIPTION
RATE
VALUE
INVESTMENTS
PURCHASED
WITH
COLLATERAL
FROM
SECURITIES
LENDING
-
0.3%
94,466
(d)
State
Street
Navigator
Securities
Lending
Government
Money
Market
Portfolio
3
.670
(e)
$
94,466
TOTAL
INVESTMENTS
PURCHASED
WITH
COLLATERAL
FROM
SECURITIES
LENDING
(Cost
$94,466)
94,466
TOTAL
INVESTMENTS
-
98
.5
%
(Cost
$
33,220,885
)
33,232,431
OTHER
ASSETS
&
LIABILITIES,
NET
-
1.5%
490,993
NET
ASSETS
-
100%
$
33,723,424
Portfolio
of
Investments
April
30,
2026
(continued)
NUSA
Part
F
of
Form
N-PORT
was
prepared
in
accordance
with
U.S.
generally
accepted
accounting
principles
(“U.S.
GAAP”)
and
in
conformity
with
the
applicable
rules
and
regulations
of
the
U.S.
Securities
and
Exchange
Commission
(“SEC”)
related
to
interim
filings.
Part
F
of
Form
N-PORT
does
not
include
all
information
and
footnotes
required
by
U.S.
GAAP
for
complete
financial
statements.
Certain
footnote
disclosures
normally
included
in
financial
statements
prepared
in
accordance
with
U.S.
GAAP
have
been
condensed
or
omitted
from
this
report
pursuant
to
the
rules
of
the
SEC.
For
a
full
set
of
the
Fund’s
notes
to
financial
statements,
please
refer
to
the
Fund’s
most
recently
filed
annual
or
semi-annual
report.
Fair
Value
Measurements
The
Fund’s
investments
in
securities
are
recorded
at
their
estimated
fair
value
utilizing
valuation
methods
approved
by
the
Board
of
Directors/
Trustees.
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
which
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).
The
following
table
summarizes
the
market
value
of
the
Fund's
investments
as
of
the
end
of
the
reporting
period,
based
on
the
inputs
used
to
value
them:
(a)
Investment,
or
a
portion
of
investment,
is
out
on
loan
for
securities
lending.
The
total
value
of
the
securities
out
on
loan
as
of
the
end
of
the
reporting
period
was
$91,873.
(b)
Floating
or
variable
rate
security
includes
the
reference
rate
and
spread,
when
applicable. For
mortgage-backed
or
asset-backed
securities
the
variable
rate
is
based
on
the
underlying
asset
of
the
security.
Coupon
rate
reflects
the
rate
at
period
end.
(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
$29,283
or
0.1%
of
Total
Investments.
(d)
The
Fund
may
loan
securities
representing
up
to
one
third
of
the
value
of
its
total
assets
(which
includes
collateral
for
securities
on
loan)
to
broker
dealers,
banks,
and
other
institutions.
The
collateral
maintained
by
the
Fund
shall
have
a
value,
at
the
inception
of
each
loan,
equal
to
not
less
than
100%
of
the
value
of
the
loaned
securities.
The
cash
collateral
received
by
the
Fund
is
invested
in
this
money
market
fund.
(e)
The
rate
shown
is
the
one-day
yield
as
of
the
end
of
the
reporting
period.
NUSA
Level
1
Level
2
Level
3
Total
Long-Term
Investments:
Corporate
Debt
$
–
$
7,983,872
$
–
$
7,983,872
Government
Related
–
1,637,475
–
1,637,475
Securitized
–
2,279,796
–
2,279,796
U.S.
Treasury
–
21,236,822
–
21,236,822
Investments
Purchased
with
Collateral
from
Securities
Lending
94,466
–
–
94,466
Total
$
94,466
$
33,137,965
$
–
$
33,232,431
a
Portfolio
of
Investments
April
30,
2026
NUHY
(Unaudited)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
LONG-TERM
INVESTMENTS
-
97.8%
CORPORATE
DEBT
-
97.8%
FINANCIALS
-
12.7%
$
245,000
(a)
Ally
Financial
Inc
6
.700
%
02/14/33
$
252,950
190,000
(b)
Apollo
Commercial
Real
Estate
Finance
Inc
4
.625
06/15/29
189,957
470,000
(b)
Baldwin
Insurance
Group
Holdings
LLC
/
Baldwin
Insurance
Group
Holdings
Finance
7
.125
05/15/31
475,866
120,000
Brandywine
Operating
Partnership
LP
8
.875
04/12/29
125,591
100,000
(b)
Bread
Financial
Holdings
Inc
6
.750
05/15/31
102,164
260,000
(a),(b)
Burford
Capital
Global
Finance
LLC
7
.500
07/15/33
213,682
350,000
Centene
Corp
2
.625
08/01/31
303,421
250,000
(b)
Credit
Acceptance
Corp
9
.250
12/15/28
260,702
262,000
(b)
Credit
Acceptance
Corp
6
.625
03/15/30
261,125
200,000
(b)
Encore
Capital
Group
Inc
8
.500
05/15/30
213,591
80,000
(b)
Encore
Capital
Group
Inc
6
.625
04/15/31
81,306
100,000
(b)
Enova
International
Inc
9
.125
08/01/29
104,750
100,000
(b)
FTAI
Aviation
Investors
LLC
7
.875
12/01/30
104,998
200,000
(b)
FTAI
Aviation
Investors
LLC
7
.000
06/15/32
206,447
400,000
(b)
FTAI
Aviation
Investors
LLC
5
.875
04/15/33
397,747
350,000
(b)
FTAI
Aviation
Ltd
7
.000
05/01/31
362,223
250,000
(b)
Genesee
&
Wyoming
Inc
6
.250
04/15/32
255,873
200,000
(b)
Global
Atlantic
Fin
Co
7
.950
10/15/54
200,566
150,000
(b)
Global
Atlantic
Fin
Co
7
.250
03/01/56
147,849
600,000
(b)
goeasy
Ltd
9
.250
12/01/28
567,385
500,000
(b)
goeasy
Ltd
7
.625
07/01/29
448,084
90,000
HA
Sustainable
Infrastructure
Capital
Inc
8
.000
06/01/56
95,535
150,000
HA
Sustainable
Infrastructure
Capital
Inc
7
.125
11/15/56
151,422
210,000
(b)
Howard
Hughes
Corp/The
4
.375
02/01/31
196,633
130,000
Kennedy-Wilson
Inc
4
.750
02/01/30
127,878
105,000
Kennedy-Wilson
Inc
5
.000
03/01/31
104,577
345,000
(b)
Molina
Healthcare
Inc
3
.875
05/15/32
309,662
120,000
(b)
Molina
Healthcare
Inc
6
.250
01/15/33
119,874
200,000
(b)
MPT
Operating
Partnership
LP
/
MPT
Finance
Corp
8
.500
02/15/32
207,780
100,000
(a)
Navient
Corp
5
.500
03/15/29
96,113
400,000
Navient
Corp
9
.375
07/25/30
415,091
200,000
Navient
Corp
7
.875
06/15/32
192,517
590,000
OneMain
Finance
Corp
7
.500
05/15/31
604,903
400,000
OneMain
Finance
Corp
6
.750
09/15/33
393,439
410,000
(b)
Park
Intermediate
Holdings
LLC
/
PK
Domestic
Property
LLC
/
PK
Finance
Co-Issuer
4
.875
05/15/29
398,824
325,000
(b)
PennyMac
Financial
Services
Inc
7
.125
11/15/30
329,273
195,000
(b)
PennyMac
Financial
Services
Inc
5
.750
09/15/31
185,571
652,000
(b)
PennyMac
Financial
Services
Inc
6
.875
05/15/32
644,844
240,000
(b)
PennyMac
Financial
Services
Inc
6
.750
02/15/34
232,280
103,000
(b)
PRA
Group
Inc
8
.875
01/31/30
106,574
310,000
(b)
PROG
Holdings
Inc
6
.000
11/15/29
302,892
258,000
(b)
RHP
Hotel
Properties
LP
/
RHP
Finance
Corp
4
.500
02/15/29
253,635
70,000
(b)
RHP
Hotel
Properties
LP
/
RHP
Finance
Corp
6
.500
04/01/32
71,828
453,000
(b)
Rocket
Mortgage
LLC
/
Rocket
Mortgage
Co-Issuer
Inc
4
.000
10/15/33
408,140
321,000
(b)
Ryan
Specialty
LLC
5
.875
08/01/32
320,951
100,000
SLM
Corp
6
.500
01/31/30
100,960
692,000
(b)
Starwood
Property
Trust
Inc
7
.250
04/01/29
717,090
400,000
(b)
Starwood
Property
Trust
Inc
6
.500
10/15/30
411,402
189,000
(b)
Stonex
Escrow
Issuer
LLC
6
.875
07/15/32
195,416
175,000
(b)
StoneX
Group
Inc
7
.875
03/01/31
184,263
100,000
Synchrony
Financial
7
.250
02/02/33
103,667
460,000
(b)
XHR
LP
4
.875
06/01/29
451,494
TOTAL
FINANCIALS
13,710,805
INDUSTRIAL
-
81.2%
475,000
(b)
1011778
BC
ULC
/
New
Red
Finance
Inc
6
.125
06/15/29
483,379
290,000
(b)
1011778
BC
ULC
/
New
Red
Finance
Inc
5
.625
09/15/29
292,602
460,000
(b)
1261229
BC
Ltd
10
.000
04/15/32
475,078
Portfolio
of
Investments
April
30,
2026
(continued)
NUHY
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
INDUSTRIAL
(continued)
$
110,000
(b)
AAR
Escrow
Issuer
LLC
6
.750
%
03/15/29
$
113,317
150,000
(a),(b)
Acadia
Healthcare
Co
Inc
7
.375
03/15/33
153,434
100,000
(a),(b)
Accendra
Health
Inc
6
.625
04/01/30
53,737
450,000
(b)
Acushnet
Co
5
.625
12/01/33
452,091
470,000
(b)
Adapthealth
LLC
4
.625
08/01/29
455,118
2,000
(b)
Adapthealth
LLC
5
.125
03/01/30
1,945
120,000
(b)
Adient
Global
Holdings
Ltd
7
.000
04/15/28
122,088
215,000
(b)
Adient
Global
Holdings
Ltd
8
.250
04/15/31
224,274
100,000
(b)
ADT
Security
Corp/The
4
.125
08/01/29
96,171
250,000
(b)
ADT
Security
Corp/The
5
.875
10/15/33
246,287
150,000
(b)
Advance
Auto
Parts
Inc
7
.375
08/01/33
154,774
100,000
(b)
Advanced
Drainage
Systems
Inc
6
.375
06/15/30
101,436
237,000
(b)
AECOM
6
.000
08/01/33
238,935
140,000
(b)
Albertsons
Cos
Inc
/
Safeway
Inc
/
New
Albertsons
LP
/
Albertsons
LLC
6
.500
02/15/28
141,662
500,000
(b)
Albertsons
Cos
Inc
/
Safeway
Inc
/
New
Albertsons
LP
/
Albertsons
LLC
5
.500
03/31/31
497,222
150,000
(b)
Albertsons
Cos
Inc
/
Safeway
Inc
/
New
Albertsons
LP
/
Albertsons
LLC
5
.625
03/31/32
147,977
480,000
(b)
Albertsons
Cos
Inc
/
Safeway
Inc
/
New
Albertsons
LP
/
Albertsons
LLC
6
.250
03/15/33
484,259
450,000
(b)
Albertsons
Cos
Inc
/
Safeway
Inc
/
New
Albertsons
LP
/
Albertsons
LLC
5
.750
03/31/34
438,083
170,000
(b)
Allison
Transmission
Inc
3
.750
01/30/31
159,734
140,000
(b)
Alta
Equipment
Group
Inc
9
.000
06/01/29
132,939
350,000
American
Axle
&
Manufacturing
Inc
5
.000
10/01/29
340,092
800,000
(b)
American
Axle
&
Manufacturing
Inc
7
.750
10/15/33
781,062
100,000
(b)
AmeriGas
Partners
LP
/
AmeriGas
Finance
Corp
9
.500
06/01/30
106,776
200,000
(b)
ams-OSRAM
AG
12
.250
03/30/29
213,559
330,000
(b)
Antero
Midstream
Partners
LP
/
Antero
Midstream
Finance
Corp
5
.375
06/15/29
329,665
100,000
(b)
Antero
Midstream
Partners
LP
/
Antero
Midstream
Finance
Corp
5
.750
10/15/33
99,802
500,000
(b)
Antero
Midstream
Partners
LP
/
Antero
Midstream
Finance
Corp
5
.750
07/01/34
498,712
192,000
(b)
Anywhere
Real
Estate
Group
LLC
/
Anywhere
Co-Issuer
Corp
7
.000
04/15/30
192,090
20,000
(b)
Anywhere
Real
Estate
Group
LLC
/
Realogy
Co-Issuer
Corp
5
.750
01/15/29
19,597
160,000
(b)
APLD
COMPUTECO
LLC
9
.250
12/15/30
171,982
150,000
(b)
Archrock
Partners
LP
/
Archrock
Partners
Finance
Corp
6
.625
09/01/32
154,344
300,000
(b)
Archrock
Services/Partners
6
.000
02/01/34
301,955
100,000
(b)
Arcosa
Inc
6
.875
08/15/32
103,866
80,000
(b)
Ardagh
Metal
Packaging
Finance
USA
LLC
/
Ardagh
Metal
Packaging
Finance
PLC
4
.000
09/01/29
74,873
35,000
(b)
Asbury
Automotive
Group
Inc
4
.625
11/15/29
34,062
260,000
(b)
Asbury
Automotive
Group
Inc
5
.000
02/15/32
249,322
600,000
(b)
Aston
Martin
Capital
Holdings
Ltd
10
.000
03/31/29
481,701
150,000
(b)
Avantor
Funding
Inc
3
.875
11/01/29
142,591
164,000
(b)
Avianca
Midco
2
PLC
9
.000
12/01/28
159,080
210,000
(b)
Avianca
Midco
2
PLC
9
.625
02/14/30
197,925
560,000
(b)
Avient
Corp
7
.125
08/01/30
570,349
150,000
(b)
Avient
Corp
6
.250
11/01/31
152,178
150,000
(b)
Avis
Budget
Car
Rental
LLC
/
Avis
Budget
Finance
Inc
4
.750
04/01/28
146,442
200,000
(b)
Avis
Budget
Car
Rental
LLC
/
Avis
Budget
Finance
Inc
5
.375
03/01/29
194,333
150,000
(a),(b)
Avis
Budget
Car
Rental
LLC
/
Avis
Budget
Finance
Inc
8
.000
02/15/31
151,405
210,000
(b)
Axalta
Coating
Systems
Dutch
Holding
B
BV
7
.250
02/15/31
218,062
100,000
(b)
Axon
Enterprise
Inc
6
.125
03/15/30
102,252
190,000
(b)
Axon
Enterprise
Inc
6
.250
03/15/33
194,971
45,000
(b)
B&G
Foods
Inc
8
.000
09/15/28
44,599
390,000
Ball
Corp
2
.875
08/15/30
354,753
240,000
Ball
Corp
3
.125
09/15/31
217,611
309,000
(b)
Bausch
Health
Cos
Inc
11
.000
09/30/28
321,360
208,000
Bell
Telephone
Co
of
Canada
or
Bell
Canada
7
.000
09/15/55
215,852
210,000
(b)
Belron
UK
Finance
PLC
5
.750
10/15/29
212,109
55,000
Block
Inc
6
.500
05/15/32
56,048
250,000
(b)
British
Telecommunications
PLC
4
.875
11/23/81
240,732
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
INDUSTRIAL
(continued)
$
236,000
(b)
Builders
FirstSource
Inc
4
.250
%
02/01/32
$
218,922
115,000
(b)
CACI
International
Inc
6
.375
06/15/33
117,651
100,000
(b)
Calumet
Specialty
Products
Partners
LP
/
Calumet
Finance
Corp
9
.750
02/15/31
105,970
500,000
Celanese
US
Holdings
LLC
7
.165
07/15/27
513,330
345,000
Celanese
US
Holdings
LLC
6
.850
11/15/28
360,847
20,000
Celanese
US
Holdings
LLC
7
.330
07/15/29
20,982
15,000
Celanese
US
Holdings
LLC
6
.500
04/15/30
15,344
250,000
Celanese
US
Holdings
LLC
7
.050
11/15/30
268,355
45,000
Celanese
US
Holdings
LLC
7
.000
02/15/31
46,822
450,000
Celanese
US
Holdings
LLC
7
.379
07/15/32
476,902
105,000
(a)
Celanese
US
Holdings
LLC
6
.750
04/15/33
108,148
532,000
Celanese
US
Holdings
LLC
7
.200
11/15/33
575,192
185,000
(a)
Celanese
US
Holdings
LLC
7
.375
02/15/34
193,692
190,000
(b)
Century
Communities
Inc
3
.875
08/15/29
179,926
835,000
(b)
Chart
Industries
Inc
7
.500
01/01/30
866,839
265,000
(b)
Chart
Industries
Inc
9
.500
01/01/31
278,548
785,000
(b)
Chemours
Co/The
4
.625
11/15/29
752,962
760,000
(b)
Chemours
Co/The
8
.000
01/15/33
783,324
420,000
(b)
Chemours
Co/The
7
.875
03/15/34
429,500
110,000
(b)
CHS/Community
Health
Systems
Inc
6
.875
04/15/29
108,223
100,000
(a),(b)
CHS/Community
Health
Systems
Inc
6
.125
04/01/30
88,655
400,000
(b)
CHS/Community
Health
Systems
Inc
5
.250
05/15/30
377,694
300,000
(b)
CHS/Community
Health
Systems
Inc
10
.875
01/15/32
322,197
420,000
(b)
CHS/Community
Health
Systems
Inc
9
.750
01/15/34
433,192
210,000
(b)
Cimpress
PLC
7
.375
09/15/32
212,665
100,000
(b)
Cinemark
USA
Inc
5
.250
07/15/28
99,614
145,000
(b)
Cinemark
USA
Inc
7
.000
08/01/32
149,853
1,400,000
(b)
Clarios
Global
LP
/
Clarios
US
Finance
Co
6
.750
02/15/30
1,446,466
720,000
(b)
Clarios
Global
LP
/
Clarios
US
Finance
Co
6
.750
09/15/32
736,517
10,000
(b)
Clarivate
Science
Holdings
Corp
3
.875
07/01/28
9,658
360,000
(b)
Clarivate
Science
Holdings
Corp
4
.875
07/01/29
326,489
70,000
(b)
Clear
Channel
Outdoor
Holdings
Inc
7
.750
04/15/28
70,502
130,000
(b)
Clear
Channel
Outdoor
Holdings
Inc
7
.500
06/01/29
130,239
225,000
(b)
Clear
Channel
Outdoor
Holdings
Inc
7
.875
04/01/30
234,258
325,000
(b)
Clue
Opco
LLC
9
.500
10/15/31
332,119
320,000
(b)
Coherent
Corp
5
.000
12/15/29
316,540
150,000
(b)
Columbus
McKinnon
Corp/NY
7
.125
01/31/33
150,856
220,000
(b)
CompoSecure
Holdings
LLC
5
.625
02/01/33
215,642
510,000
(b)
Concentra
Health
Services
Inc
6
.875
07/15/32
528,508
400,000
(b)
Connect
Finco
SARL
/
Connect
US
Finco
LLC
9
.000
09/15/29
421,875
1,420,000
(b)
Cooper-Standard
Automotive
Inc
9
.250
03/01/31
1,364,464
40,000
(b)
CoreWeave
Inc
9
.750
10/01/31
40,232
543,000
(a),(b)
Cornerstone
Building
Brands
Inc
9
.500
08/15/29
345,328
220,000
Crown
Americas
LLC
5
.875
06/01/33
221,600
210,000
(b)
DaVita
Inc
6
.875
09/01/32
216,760
200,000
(b)
DaVita
Inc
6
.750
07/15/33
206,214
330,000
(b)
Diebold
Nixdorf
Inc
7
.750
03/31/30
346,654
522,000
(b)
Domtar
Corp
6
.750
10/01/28
413,633
157,000
(b)
Dye
&
Durham
Ltd
8
.625
04/15/29
136,940
170,000
(b)
Elastic
NV
4
.125
07/15/29
161,361
500,000
Energy
Transfer
LP
6
.750
02/15/56
503,593
560,000
(b)
Entegris
Inc
5
.950
06/15/30
566,888
250,000
(b)
Esab
Corp
5
.625
04/01/31
252,302
50,000
(b)
EW
Scripps
Co/The
9
.875
08/15/30
50,148
150,000
(b)
Excelerate
Energy
LP
8
.000
05/15/30
159,073
260,000
(b)
Fair
Isaac
Corp
6
.000
05/15/33
256,418
220,000
(b)
Ferrellgas
LP
/
Ferrellgas
Finance
Corp
9
.250
01/15/31
230,914
110,000
FMC
Corp
8
.450
11/01/55
72,901
210,000
(b)
Forvia
SE
6
.750
09/15/33
210,598
335,000
(b)
Gap
Inc/The
3
.625
10/01/29
316,064
250,000
(b)
Garrett
Motion
Holdings
Inc
/
Garrett
LX
I
Sarl
7
.750
05/31/32
261,016
150,000
(b)
Gen
Digital
Inc
7
.125
09/30/30
152,122
Portfolio
of
Investments
April
30,
2026
(continued)
NUHY
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
INDUSTRIAL
(continued)
$
400,000
Genesis
Energy
LP
/
Genesis
Energy
Finance
Corp
8
.250
%
01/15/29
$
415,743
350,000
Genesis
Energy
LP
/
Genesis
Energy
Finance
Corp
8
.875
04/15/30
366,692
605,000
Genesis
Energy
LP
/
Genesis
Energy
Finance
Corp
7
.875
05/15/32
634,272
540,000
Genesis
Energy
LP
/
Genesis
Energy
Finance
Corp
8
.000
05/15/33
568,480
720,000
Genesis
Energy
LP
/
Genesis
Energy
Finance
Corp
6
.750
03/15/34
725,198
420,000
(b)
GENMAB
A/S/GENMAB
FINANCE
LLC
6
.250
12/15/32
431,025
1,120,000
Goodyear
Tire
&
Rubber
Co/The
5
.000
07/15/29
1,074,378
750,000
(a)
Goodyear
Tire
&
Rubber
Co/The
5
.250
04/30/31
683,486
695,000
Goodyear
Tire
&
Rubber
Co/The
5
.250
07/15/31
631,735
100,000
(a),(b)
Graphic
Packaging
International
LLC
6
.375
07/15/32
99,804
223,000
(b)
Gray
Media
Inc
10
.500
07/15/29
236,756
300,000
(b)
Gray
Media
Inc
5
.375
11/15/31
234,297
200,000
(b)
Gray
Media
Inc
9
.625
07/15/32
203,343
700,000
(b)
Gray
Media
Inc
7
.250
08/15/33
712,774
110,000
(b)
Group
1
Automotive
Inc
6
.375
01/15/30
111,787
520,000
(b)
HealthEquity
Inc
4
.500
10/01/29
504,722
220,000
(b)
Herc
Holdings
Inc
6
.625
06/15/29
225,423
240,000
(b)
Herc
Holdings
Inc
7
.000
06/15/30
249,690
310,000
(b)
Herc
Holdings
Inc
7
.250
06/15/33
324,641
150,000
(a),(b)
Hertz
Corp/The
12
.625
07/15/29
141,407
150,000
(b)
Hertz
Corp/The
5
.000
12/01/29
73,741
280,000
(b)
Hess
Midstream
Operations
LP
6
.500
06/01/29
286,881
120,000
(b)
Hess
Midstream
Operations
LP
4
.250
02/15/30
116,383
180,000
(b)
Hilton
Domestic
Operating
Co
Inc
4
.000
05/01/31
170,464
360,000
(b)
Hilton
Domestic
Operating
Co
Inc
3
.625
02/15/32
329,574
408,000
(b)
Hilton
Grand
Vacations
Borrower
LLC
/
Hilton
Grand
Vacations
Borrower
Inc
4
.875
07/01/31
377,570
170,000
(b)
Hilton
Grand
Vacations
Borrower
LLC
/
Hilton
Grand
Vacations
Borrower
Inc
6
.625
01/15/32
171,973
200,000
(b)
HLF
Financing
Sarl
LLC
/
Herbalife
International
Inc
7
.750
05/01/33
204,279
175,000
(b)
iHeartCommunications
Inc
9
.125
05/01/29
175,326
175,000
(b)
iHeartCommunications
Inc
7
.750
08/15/30
168,437
350,000
(b)
Industrial
F&B
Investments
III
Inc
7
.750
02/11/33
353,677
140,000
(b)
Insight
Enterprises
Inc
6
.625
05/15/32
138,865
90,000
(b)
IQVIA
Inc
6
.500
05/15/30
91,854
110,000
(b)
Iron
Mountain
Inc
7
.000
02/15/29
112,414
200,000
(b)
Iron
Mountain
Inc
6
.250
01/15/33
203,097
235,000
(b)
Iron
Mountain
Information
Management
Services
Inc
5
.000
07/15/32
226,906
605,000
(b)
JetBlue
Airways
Corp
/
JetBlue
Loyalty
LP
9
.875
09/20/31
563,478
390,000
(b)
Kinetik
Holdings
LP
5
.875
06/15/30
391,319
250,000
(b)
Kioxia
Holdings
Corp
6
.625
07/24/33
261,340
100,000
(b)
Kodiak
Gas
Services
LLC
6
.500
10/01/33
102,290
729,000
(b)
Kodiak
Gas
Services
LLC
6
.750
10/01/35
757,238
210,000
(b)
Lamb
Weston
Holdings
Inc
4
.125
01/31/30
201,187
100,000
(b)
Lamb
Weston
Holdings
Inc
4
.375
01/31/32
94,185
1,050,000
(b)
Level
3
Financing
Inc
6
.875
06/30/33
1,083,633
1,200,000
(b)
Level
3
Financing
Inc
7
.000
03/31/34
1,244,672
70,000
(b)
Level
3
Financing
Inc
8
.500
01/15/36
74,971
300,000
(b)
Life
Time
Inc
6
.000
11/15/31
304,537
130,000
(b)
LifePoint
Health
Inc
9
.875
08/15/30
137,825
290,000
(b)
LifePoint
Health
Inc
8
.375
02/15/32
304,266
70,000
(b)
LifePoint
Health
Inc
7
.000
05/01/34
68,255
60,000
(b)
Lithia
Motors
Inc
3
.875
06/01/29
57,504
190,000
(b)
Magnera
Corp
4
.750
11/15/29
174,030
180,000
(b)
Marriott
Ownership
Resorts
Inc
4
.500
06/15/29
172,123
240,000
(b)
Marriott
Ownership
Resorts
Inc
6
.500
10/01/33
230,771
400,000
(a),(b)
Masterbrand
Inc
7
.000
07/15/32
397,826
150,000
(b)
Match
Group
Holdings
II
LLC
3
.625
10/01/31
134,421
270,000
(b)
Match
Group
Holdings
II
LLC
6
.125
09/15/33
266,773
745,000
(b)
McAfee
Corp
7
.375
02/15/30
603,640
500,000
(b)
Merlin
Entertainments
Group
US
Holdings
Inc
7
.375
02/15/31
412,230
24,000
(a),(b)
Methanex
US
Operations
Inc
6
.250
03/15/32
24,697
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
INDUSTRIAL
(continued)
$
50,000
(b)
Mobius
Merger
Sub
Inc
9
.000
%
06/01/30
$
33,946
100,000
(b)
MPH
Acquisition
Holdings
LLC
5
.750
12/31/30
82,913
510,000
(b)
NCL
Corp
Ltd
7
.750
02/15/29
532,400
600,000
(b)
NCL
Corp
Ltd
5
.875
01/15/31
583,992
860,000
(b)
NCL
Corp
Ltd
6
.750
02/01/32
855,781
850,000
(a),(b)
NCL
Corp
Ltd
6
.250
09/15/33
822,657
380,000
(b)
NCR
Atleos
Corp
9
.500
04/01/29
404,266
350,000
(b)
New
Flyer
Holdings
Inc
9
.250
07/01/30
377,667
310,000
Newell
Brands
Inc
6
.625
09/15/29
309,787
100,000
(b)
Northriver
Midstream
Finance
LP
6
.750
07/15/32
102,387
10,000
(b)
Open
Text
Corp
3
.875
12/01/29
9,013
300,000
(b)
Open
Text
Holdings
Inc
4
.125
12/01/31
256,162
120,000
(b)
Option
Care
Health
Inc
4
.375
10/31/29
116,142
530,000
(a),(b)
Owens-Brockway
Glass
Container
Inc
7
.250
05/15/31
506,503
130,000
(b)
Patrick
Industries
Inc
6
.375
11/01/32
130,798
200,000
(b)
PBF
Holding
Co
LLC
/
PBF
Finance
Corp
9
.875
03/15/30
214,903
237,000
(b)
PBF
Holding
Co
LLC
/
PBF
Finance
Corp
7
.875
09/15/30
242,950
1,305,000
(b)
Performance
Food
Group
Inc
4
.250
08/01/29
1,265,203
700,000
(b)
Performance
Food
Group
Inc
6
.125
09/15/32
709,569
850,000
(b)
Performance
Food
Group
Inc
5
.625
03/01/34
832,287
420,000
Perrigo
Finance
Unlimited
Co
5
.150
06/15/30
398,359
325,000
(b)
Petco
Health
&
Wellness
Co
Inc
8
.250
02/01/31
328,210
25,000
(b)
Phinia
Inc
6
.750
04/15/29
25,589
590,000
(b)
Post
Holdings
Inc
4
.500
09/15/31
554,682
315,000
(b)
Post
Holdings
Inc
6
.250
02/15/32
321,016
190,000
(b)
Post
Holdings
Inc
6
.375
03/01/33
189,926
190,000
(b)
Post
Holdings
Inc
6
.250
10/15/34
187,561
80,000
(b)
Post
Holdings
Inc
6
.500
03/15/36
79,474
55,000
(b)
Primo
Water
Holdings
Inc
/
Triton
Water
Holdings
Inc
6
.250
04/01/29
55,066
115,000
(b)
Primo
Water
Holdings
Inc
/
Triton
Water
Holdings
Inc
4
.375
04/30/29
112,228
298,000
(b)
QXO
Building
Products
Inc
6
.750
04/30/32
303,972
200,000
(b)
Rakuten
Group
Inc
9
.750
04/15/29
219,402
200,000
(b),(c)
Rakuten
Group
Inc
8
.125
N/A
204,304
355,000
(b),(c)
Rakuten
Group
Inc
6
.250
N/A
334,987
100,000
(b)
RB
Global
Holdings
Inc
6
.750
03/15/28
101,356
110,000
(b)
RB
Global
Holdings
Inc
7
.750
03/15/31
114,211
110,000
(b)
Resideo
Funding
Inc
6
.500
07/15/32
111,012
160,000
(b)
Reworld
Holding
Corp
4
.875
12/01/29
152,921
350,000
Rogers
Communications
Inc
7
.000
04/15/55
357,242
318,000
Rogers
Communications
Inc
7
.125
04/15/55
328,052
380,000
(b)
RR
Donnelley
&
Sons
Co
9
.500
08/01/29
392,211
1,000,000
(b)
Sabre
Financial
Borrower
LLC
11
.125
06/15/29
1,026,517
159,000
(b)
Sabre
GLBL
Inc
10
.750
11/15/29
138,440
201,000
(b)
Sabre
GLBL
Inc
10
.750
03/15/30
173,622
1,205,000
(b)
Sabre
GLBL
Inc
11
.125
07/15/30
1,036,300
270,000
SBA
Communications
Corp
3
.125
02/01/29
259,916
50,000
(b)
Scientific
Games
Holdings
LP/Scientific
Games
US
FinCo
Inc
6
.625
03/01/30
42,196
188,000
(b)
Seagate
Data
Storage
Technology
Pte
Ltd
9
.625
12/01/32
208,857
270,000
(b)
SeaWorld
Parks
&
Entertainment
Inc
5
.250
08/15/29
261,034
420,000
(b)
Select
Medical
Corp
6
.250
12/01/32
407,832
220,000
(b)
Sensata
Technologies
BV
4
.000
04/15/29
213,652
200,000
(b)
Sensata
Technologies
BV
5
.875
09/01/30
201,521
500,000
Service
Corp
International/US
4
.000
05/15/31
472,410
430,000
(b)
Sinclair
Television
Group
Inc
8
.125
02/15/33
445,295
213,000
(a),(b)
Sirius
XM
Radio
LLC
3
.875
09/01/31
192,819
250,000
(b)
Six
Flags
Entertainment
6
.625
05/01/32
254,447
260,000
Six
Flags
Entertainment
Corp
7
.250
05/15/31
256,361
300,000
(b)
SIX
FLAGS/CAN
WON/MILLEN
8
.625
01/15/32
304,995
300,000
(b)
SK
Invictus
Intermediate
II
Sarl
5
.000
10/30/29
295,620
170,000
(b)
Somnigroup
International
Inc
4
.000
04/15/29
164,454
610,000
(b)
Somnigroup
International
Inc
3
.875
10/15/31
564,187
100,000
(b)
Sonic
Automotive
Inc
4
.625
11/15/29
97,827
Portfolio
of
Investments
April
30,
2026
(continued)
NUHY
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
INDUSTRIAL
(continued)
$
200,000
(a),(b)
Sonic
Automotive
Inc
4
.875
%
11/15/31
$
192,294
370,000
(b)
Sotera
Health
Holdings
LLC
7
.375
06/01/31
384,593
100,000
South
Bow
Canadian
Infrastructure
Holdings
Ltd
7
.500
03/01/55
105,723
310,000
(b)
Stagwell
Global
LLC
5
.625
08/15/29
294,889
230,000
(b)
Stena
International
SA
7
.250
01/15/31
233,857
220,000
(b)
Suburban
Propane
Partners
LP/Suburban
Energy
Finance
Corp
5
.000
06/01/31
211,213
340,000
(b)
Summit
Midstream
Holdings
LLC
8
.625
10/31/29
355,493
200,000
(b)
Sunoco
LP
4
.625
05/01/30
194,509
180,000
(b)
Sunoco
LP
7
.250
05/01/32
188,519
110,000
(b)
Sunoco
LP
5
.875
03/15/34
109,605
200,000
(b)
Sunoco
LP
5
.625
07/15/34
197,310
260,000
(b)
Surgery
Center
Holdings
Inc
7
.250
04/15/32
259,306
100,000
TELUS
Corp
6
.625
10/15/55
101,117
110,000
TELUS
Corp
7
.000
10/15/55
113,776
540,000
(b)
Tenneco
Inc
8
.000
11/17/28
546,416
240,000
(b)
Terex
Corp
5
.000
05/15/29
238,368
200,000
(b)
TGS
ASA
8
.500
01/15/30
208,858
310,000
(b)
Thor
Industries
Inc
4
.000
10/15/29
293,505
200,000
(b)
Tidewater
Inc
9
.125
07/15/30
215,300
220,000
(b)
TopBuild
Corp
4
.125
02/15/32
219,923
100,000
(b)
TransDigm
Inc
6
.750
08/15/28
101,351
450,000
(b)
TransDigm
Inc
6
.375
03/01/29
458,980
100,000
TransDigm
Inc
4
.875
05/01/29
98,824
200,000
(b)
TransDigm
Inc
6
.875
12/15/30
206,121
200,000
(b)
TransDigm
Inc
7
.125
12/01/31
207,254
331,000
(b)
TransDigm
Inc
6
.625
03/01/32
340,166
200,000
(b)
TransDigm
Inc
6
.000
01/15/33
201,912
400,000
(b)
TransDigm
Inc
6
.375
05/31/33
403,076
300,000
(b)
TransDigm
Inc
6
.750
01/31/34
308,189
610,000
(b)
TransDigm
Inc
6
.125
07/31/34
610,671
200,000
(b)
TransMontaigne
Partners
LLC
8
.500
06/15/30
206,986
250,000
(b)
Travel
+
Leisure
Co
4
.500
12/01/29
241,558
100,000
(b)
Trinity
Industries
Inc
7
.750
07/15/28
102,644
220,000
(a),(b)
Unisys
Corp
10
.625
01/15/31
190,907
500,000
United
Airlines
Holdings
Inc
5
.375
03/01/31
492,807
490,000
(b)
United
Rentals
North
America
Inc
6
.125
03/15/34
503,510
250,000
(b)
Uniti
Group
LP
/
Uniti
Fiber
Holdings
Inc
/
CSL
Capital
LLC
6
.000
01/15/30
241,563
130,000
(b)
Uniti
Group
LP
/
Uniti
Group
Finance
2019
Inc
/
CSL
Capital
LLC
4
.750
04/15/28
129,501
150,000
(b)
Uniti
Group
LP
/
Uniti
Group
Finance
2019
Inc
/
CSL
Capital
LLC
6
.500
02/15/29
147,377
44,000
(b)
Univision
Communications
Inc
4
.500
05/01/29
41,981
20,000
(b)
Univision
Communications
Inc
8
.875
04/15/33
20,109
290,000
(b)
US
Foods
Inc
4
.625
06/01/30
283,635
100,000
(b)
Vail
Resorts
Inc
5
.625
07/15/30
99,404
100,000
(b)
Vail
Resorts
Inc
6
.500
05/15/32
102,015
300,000
(b)
Valaris
Ltd
8
.375
04/30/30
312,831
350,000
Veritiv
Operating
Co
10
.500
11/30/30
368,821
100,000
(b)
Viasat
Inc
7
.500
05/30/31
100,220
78,000
(b)
Victoria's
Secret
&
Co
4
.625
07/15/29
75,144
325,000
Vodafone
Group
PLC
4
.125
06/04/81
302,751
640,000
(b)
VZ
Secured
Financing
BV
5
.000
01/15/32
560,814
91,000
(b)
Weatherford
International
Ltd
8
.625
04/30/30
92,904
150,000
(b)
WESCO
Distribution
Inc
6
.375
03/15/29
152,953
200,000
(b)
WESCO
Distribution
Inc
5
.500
04/15/34
199,486
130,000
(b)
WEX
Inc
6
.500
03/15/33
129,482
100,000
Whirlpool
Corp
6
.125
06/15/30
98,063
120,000
(a)
Whirlpool
Corp
6
.500
06/15/33
114,932
130,000
(b)
Williams
Scotsman
Inc
7
.375
10/01/31
135,393
450,000
(b)
Windstream
Services
LLC
/
Windstream
Escrow
Finance
Corp
8
.250
10/01/31
475,964
400,000
(b)
Wolverine
World
Wide
Inc
4
.000
08/15/29
373,908
180,000
(b)
XPO
Inc
7
.125
02/01/32
187,708
234,000
Yum!
Brands
Inc
4
.625
01/31/32
225,121
100,000
(b)
Zebra
Technologies
Corp
6
.500
06/01/32
101,945
Part
F
of
Form
N-PORT
was
prepared
in
accordance
with
U.S.
generally
accepted
accounting
principles
(“U.S.
GAAP”)
and
in
conformity
with
the
applicable
rules
and
regulations
of
the
U.S.
Securities
and
Exchange
Commission
(“SEC”)
related
to
interim
filings.
Part
F
of
Form
N-PORT
does
not
include
all
information
and
footnotes
required
by
U.S.
GAAP
for
complete
financial
statements.
Certain
footnote
disclosures
normally
included
in
financial
statements
prepared
in
accordance
with
U.S.
GAAP
have
been
condensed
or
omitted
from
this
report
pursuant
to
the
rules
of
the
SEC.
For
a
full
set
of
the
Fund’s
notes
to
financial
statements,
please
refer
to
the
Fund’s
most
recently
filed
annual
or
semi-annual
report.
Fair
Value
Measurements
The
Fund’s
investments
in
securities
are
recorded
at
their
estimated
fair
value
utilizing
valuation
methods
approved
by
the
Board
of
Directors/
Trustees.
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
which
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
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
INDUSTRIAL
(continued)
$
230,000
(b)
ZipRecruiter
Inc
5
.000
%
01/15/30
$
150,067
TOTAL
INDUSTRIAL
87,906,231
UTILITY
-
3.9%
260,000
AES
Corp/The
7
.600
01/15/55
264,870
230,000
(b)
AltaGas
Ltd
7
.200
10/15/54
238,956
109,000
(b)
Clearway
Energy
Operating
LLC
3
.750
02/15/31
102,000
200,000
(b)
ContourGlobal
Power
Holdings
SA
6
.750
02/28/30
203,000
100,000
Edison
International
8
.125
06/15/53
102,593
150,000
EUSHI
Finance
Inc
6
.250
04/01/56
148,556
150,000
(b)
Gates
Corp/DE
6
.875
07/01/29
154,311
190,000
(b)
Long
Ridge
Energy
LLC
8
.750
02/15/32
203,074
250,000
(b)
NRG
Energy
Inc
6
.000
02/01/33
251,933
300,000
(b)
NRG
Energy
Inc
5
.750
01/15/34
297,784
45,000
(b)
NRG
Energy
Inc
5
.875
05/15/34
44,838
300,000
(b)
NRG
Energy
Inc
6
.250
11/01/34
303,489
620,000
(b)
NRG
Energy
Inc
6
.000
01/15/36
615,757
140,000
(b)
NRG
Energy
Inc
6
.125
05/15/36
139,471
240,000
PacifiCorp
7
.375
09/15/55
243,329
400,000
PacifiCorp
7
.125
08/15/56
398,695
500,000
(b)
XPLR
Infrastructure
Operating
Partners
LP
7
.750
04/15/34
524,075
TOTAL
UTILITY
4,236,731
TOTAL
CORPORATE
DEBT
(Cost
$106,064,282)
105,853,767
TOTAL
LONG-TERM
INVESTMENTS
(Cost
$106,064,282)
105,853,767
SHARES
DESCRIPTION
RATE
VALUE
INVESTMENTS
PURCHASED
WITH
COLLATERAL
FROM
SECURITIES
LENDING
-
3.2%
3,474,834
(d)
State
Street
Navigator
Securities
Lending
Government
Money
Market
Portfolio
3
.670
(e)
$
3,474,834
TOTAL
INVESTMENTS
PURCHASED
WITH
COLLATERAL
FROM
SECURITIES
LENDING
(Cost
$3,474,834)
3,474,834
TOTAL
INVESTMENTS
-
101
.0
%
(Cost
$
109,539,116
)
109,328,601
OTHER
ASSETS
&
LIABILITIES,
NET
-
(1.0)%
(
1,050,514
)
NET
ASSETS
-
100%
$
108,278,087
(a)
Investment,
or
a
portion
of
investment,
is
out
on
loan
for
securities
lending.
The
total
value
of
the
securities
out
on
loan
as
of
the
end
of
the
reporting
period
was
$3,339,169.
(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
$87,561,550
or
80.1%
of
Total
Investments.
(c)
Perpetual
security.
Maturity
date
is
not
applicable.
(d)
The
Fund
may
loan
securities
representing
up
to
one
third
of
the
value
of
its
total
assets
(which
includes
collateral
for
securities
on
loan)
to
broker
dealers,
banks,
and
other
institutions.
The
collateral
maintained
by
the
Fund
shall
have
a
value,
at
the
inception
of
each
loan,
equal
to
not
less
than
100%
of
the
value
of
the
loaned
securities.
The
cash
collateral
received
by
the
Fund
is
invested
in
this
money
market
fund.
(e)
The
rate
shown
is
the
one-day
yield
as
of
the
end
of
the
reporting
period.
Portfolio
of
Investments
April
30,
2026
(continued)
NUHY
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).
The
following
table
summarizes
the
market
value
of
the
Fund's
investments
as
of
the
end
of
the
reporting
period,
based
on
the
inputs
used
to
value
them:
NUHY
Level
1
Level
2
Level
3
Total
Long-Term
Investments:
Corporate
Debt
$
–
$
105,853,767
$
–
$
105,853,767
Investments
Purchased
with
Collateral
from
Securities
Lending
3,474,834
–
–
3,474,834
Total
$
3,474,834
$
105,853,767
$
–
$
109,328,601
a
Portfolio
of
Investments
April
30,
2026
NUBD
(Unaudited)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
LONG-TERM
INVESTMENTS
-
99.0%
CORPORATE
DEBT
-
24.1%
FINANCIALS
-
7.8%
$
10,000
Aegon
Ltd
5
.500
%
04/11/48
$
10,010
100,000
AerCap
Ireland
Capital
DAC
/
AerCap
Global
Aviation
Trust
2
.450
10/29/26
99,188
20,000
AerCap
Ireland
Capital
DAC
/
AerCap
Global
Aviation
Trust
3
.875
01/23/28
19,781
10,000
AerCap
Ireland
Capital
DAC
/
AerCap
Global
Aviation
Trust
5
.100
01/19/29
10,126
10,000
AerCap
Ireland
Capital
DAC
/
AerCap
Global
Aviation
Trust
6
.150
09/30/30
10,499
190,000
AerCap
Ireland
Capital
DAC
/
AerCap
Global
Aviation
Trust
3
.300
01/30/32
173,667
150,000
AerCap
Ireland
Capital
DAC
/
AerCap
Global
Aviation
Trust
4
.750
01/15/33
146,671
10,000
AerCap
Ireland
Capital
DAC
/
AerCap
Global
Aviation
Trust
3
.400
10/29/33
8,887
10,000
AerCap
Ireland
Capital
DAC
/
AerCap
Global
Aviation
Trust
5
.300
01/19/34
9,986
20,000
AerCap
Ireland
Capital
DAC
/
AerCap
Global
Aviation
Trust
6
.950
03/10/55
20,710
40,000
Aflac
Inc
3
.600
04/01/30
38,786
100,000
Allstate
Corp/The
3
.850
08/10/49
74,063
50,000
Ally
Financial
Inc
5
.737
05/15/29
50,761
30,000
Ally
Financial
Inc
8
.000
11/01/31
33,352
92,000
Ally
Financial
Inc
8
.000
11/01/31
102,761
40,000
American
Assets
Trust
LP
3
.375
02/01/31
36,369
90,000
American
Express
Co
1
.650
11/04/26
88,933
50,000
American
Express
Co
5
.085
01/30/31
50,885
50,000
American
Express
Co
4
.918
07/20/33
50,119
180,000
American
Express
Co
5
.625
07/28/34
184,002
50,000
American
Express
Co
5
.915
04/25/35
51,981
150,000
American
Express
Co
5
.284
07/26/35
151,913
50,000
American
Homes
4
Rent
LP
5
.500
07/15/34
50,239
70,000
American
International
Group
Inc
3
.400
06/30/30
66,861
30,000
American
International
Group
Inc
5
.125
03/27/33
30,341
20,000
American
International
Group
Inc
4
.375
06/30/50
16,203
50,000
American
Tower
Corp
4
.700
12/15/32
49,385
4,000
Ameriprise
Financial
Inc
2
.875
09/15/26
3,982
30,000
Ameriprise
Financial
Inc
5
.700
12/15/28
31,005
20,000
Ameriprise
Financial
Inc
4
.500
05/13/32
19,916
20,000
Ameriprise
Financial
Inc
5
.200
04/15/35
20,077
10,000
Aon
Corp
/
Aon
Global
Holdings
PLC
2
.850
05/28/27
9,855
120,000
Aon
Corp
/
Aon
Global
Holdings
PLC
5
.350
02/28/33
122,791
20,000
Aon
Corp
/
Aon
Global
Holdings
PLC
2
.900
08/23/51
12,153
20,000
Aon
Global
Ltd
4
.600
06/14/44
17,152
60,000
Aon
North
America
Inc
5
.450
03/01/34
61,316
50,000
Apollo
Global
Management
Inc
5
.150
08/12/35
48,670
20,000
Apollo
Global
Management
Inc
6
.000
12/15/54
19,563
10,000
Ares
Management
Corp
5
.600
10/11/54
8,966
20,000
Arthur
J
Gallagher
&
Co
2
.400
11/09/31
17,587
50,000
Arthur
J
Gallagher
&
Co
3
.500
05/20/51
33,999
65,000
Arthur
J
Gallagher
&
Co
3
.050
03/09/52
39,891
60,000
Arthur
J
Gallagher
&
Co
5
.550
02/15/55
55,789
52,000
Australia
&
New
Zealand
Banking
Group
Ltd/New
York
NY
3
.919
12/08/28
51,650
10,000
AvalonBay
Communities
Inc
3
.300
06/01/29
9,686
50,000
AvalonBay
Communities
Inc
4
.350
12/01/30
49,595
100,000
AvalonBay
Communities
Inc
5
.300
12/07/33
102,678
20,000
AXIS
Specialty
Finance
LLC
4
.900
01/15/40
19,537
170,000
Banco
Santander
SA
4
.175
03/24/28
169,446
150,000
Banco
Santander
SA
3
.490
05/28/30
142,950
40,000
Banco
Santander
SA
6
.921
08/08/33
43,354
50,000
Bank
of
America
Corp
4
.250
10/22/26
50,009
40,000
Bank
of
America
Corp
1
.734
07/22/27
39,763
40,000
Bank
of
America
Corp
5
.933
09/15/27
40,208
50,000
Bank
of
America
Corp
4
.979
01/24/29
50,402
130,000
Bank
of
America
Corp
2
.087
06/14/29
123,722
150,000
Bank
of
America
Corp
4
.271
07/23/29
149,290
740,000
Bank
of
America
Corp
3
.974
02/07/30
729,115
200,000
Bank
of
America
Corp
2
.592
04/29/31
184,989
Portfolio
of
Investments
April
30,
2026
(continued)
NUBD
PRINCIPAL
DESCRIPTION
RATE
FINANCIALS
(continued)
400,000
Bank
of
America
Corp
2
.651
%
03/11/32
$
363,539
120,000
Bank
of
America
Corp
2
.299
07/21/32
106,132
121,000
Bank
of
America
Corp
2
.972
02/04/33
109,635
310,000
Bank
of
America
Corp
5
.872
09/15/34
325,128
50,000
Bank
of
America
Corp
5
.464
05/09/36
51,043
100,000
Bank
of
America
Corp
5
.489
04/23/37
99,424
50,000
Bank
of
America
Corp
4
.078
04/23/40
43,592
272,000
Bank
of
America
Corp
3
.311
04/22/42
208,414
20,000
Bank
of
America
Corp
2
.831
10/24/51
12,306
250,000
(a)
Bank
of
America
Corp
2
.972
07/21/52
158,883
40,000
Bank
of
Montreal
2
.650
03/08/27
39,508
50,000
Bank
of
Montreal
5
.717
09/25/28
51,443
50,000
Bank
of
Montreal
5
.004
01/27/29
50,422
50,000
Bank
of
Montreal
4
.640
09/10/30
50,159
50,000
Bank
of
Montreal
4
.350
09/22/31
49,407
100,000
Bank
of
New
York
Mellon
Corp/The
2
.050
01/26/27
98,653
50,000
Bank
of
New
York
Mellon
Corp/The
3
.442
02/07/28
49,708
50,000
Bank
of
New
York
Mellon
Corp/The
4
.026
01/22/30
49,479
50,000
Bank
of
New
York
Mellon
Corp/The
4
.942
02/11/31
50,679
140,000
Bank
of
New
York
Mellon
Corp/The
5
.188
03/14/35
141,928
50,000
Bank
of
New
York
Mellon
Corp/The
5
.606
07/21/39
51,118
100,000
Bank
of
Nova
Scotia/The
5
.400
06/04/27
101,171
50,000
Bank
of
Nova
Scotia/The
5
.130
02/14/31
50,872
50,000
Bank
of
Nova
Scotia/The
4
.338
09/15/31
49,323
50,000
Bank
of
Nova
Scotia/The
4
.740
11/10/32
49,928
60,000
Barclays
PLC
4
.836
05/09/28
60,060
30,000
Barclays
PLC
5
.501
08/09/28
30,324
200,000
Barclays
PLC
5
.367
02/25/31
203,590
40,000
Barclays
PLC
2
.894
11/24/32
35,800
60,000
Barclays
PLC
5
.746
08/09/33
61,832
200,000
Barclays
PLC
6
.692
09/13/34
216,552
210,000
Barclays
PLC
5
.335
09/10/35
208,309
60,000
BlackRock
Funding
Inc
5
.350
01/08/55
57,084
50,000
Blackrock
Inc
3
.250
04/30/29
48,717
20,000
Blackrock
Inc
2
.400
04/30/30
18,603
30,000
Blackrock
Inc
1
.900
01/28/31
26,760
50,000
Blackrock
Inc
4
.750
05/25/33
50,391
132,000
Boston
Properties
LP
2
.900
03/15/30
123,034
30,000
Boston
Properties
LP
6
.500
01/15/34
31,654
20,000
Brixmor
Operating
Partnership
LP
4
.125
06/15/26
19,990
10,000
Brixmor
Operating
Partnership
LP
3
.900
03/15/27
9,970
50,000
Brixmor
Operating
Partnership
LP
4
.850
02/15/33
49,209
50,000
Brookfield
Asset
Management
Ltd
5
.298
01/15/36
48,784
80,000
Brookfield
Finance
I
UK
Plc
/
Brookfield
Finance
Inc
2
.340
01/30/32
69,161
20,000
Brookfield
Finance
Inc
3
.900
01/25/28
19,764
60,000
Brookfield
Finance
Inc
6
.350
01/05/34
63,841
50,000
Brookfield
Finance
Inc
5
.330
01/15/36
49,174
10,000
Brookfield
Finance
Inc
5
.968
03/04/54
9,786
20,000
Brown
&
Brown
Inc
2
.375
03/15/31
17,681
60,000
Brown
&
Brown
Inc
5
.650
06/11/34
60,613
50,000
Brown
&
Brown
Inc
5
.550
06/23/35
49,837
50,000
Canadian
Imperial
Bank
of
Commerce
5
.260
04/08/29
51,141
50,000
Canadian
Imperial
Bank
of
Commerce
4
.283
01/29/30
49,635
50,000
Canadian
Imperial
Bank
of
Commerce
4
.580
09/08/31
49,640
50,000
Canadian
Imperial
Bank
of
Commerce
3
.600
04/07/32
47,063
55,000
Canadian
Imperial
Bank
of
Commerce
6
.092
10/03/33
58,779
20,000
Capital
One
Financial
Corp
3
.800
01/31/28
19,777
30,000
Capital
One
Financial
Corp
5
.468
02/01/29
30,468
100,000
Capital
One
Financial
Corp
6
.312
06/08/29
103,407
130,000
Capital
One
Financial
Corp
7
.624
10/30/31
143,523
100,000
Capital
One
Financial
Corp
6
.700
11/29/32
109,043
135,000
Capital
One
Financial
Corp
6
.051
02/01/35
139,978
PRINCIPAL
DESCRIPTION
RATE
FINANCIALS
(continued)
20,000
Carlyle
Group
Inc/The
5
.050
%
09/19/35
$
19,330
10,000
Cboe
Global
Markets
Inc
3
.650
01/12/27
9,970
20,000
Cboe
Global
Markets
Inc
3
.000
03/16/32
18,398
10,000
Charles
Schwab
Corp/The
3
.200
03/02/27
9,930
30,000
Charles
Schwab
Corp/The
4
.000
02/01/29
29,819
110,000
Charles
Schwab
Corp/The
5
.643
05/19/29
112,855
10,000
Charles
Schwab
Corp/The
3
.250
05/22/29
9,716
20,000
Charles
Schwab
Corp/The
5
.853
05/19/34
20,991
10,000
Charles
Schwab
Corp/The
6
.136
08/24/34
10,674
50,000
Charles
Schwab
Corp/The
4
.914
11/14/36
48,793
139,000
Chubb
INA
Holdings
LLC
6
.000
05/11/37
148,295
10,000
Chubb
INA
Holdings
LLC
4
.350
11/03/45
8,498
800,000
Citigroup
Inc
3
.980
03/20/30
786,499
50,000
Citigroup
Inc
4
.542
09/19/30
49,813
75,000
Citigroup
Inc
2
.666
01/29/31
69,750
190,000
Citigroup
Inc
2
.561
05/01/32
170,726
330,000
Citigroup
Inc
2
.520
11/03/32
292,483
20,000
Citigroup
Inc
3
.057
01/25/33
18,126
100,000
Citigroup
Inc
6
.174
05/25/34
104,179
50,000
Citigroup
Inc
5
.827
02/13/35
50,932
20,000
Citigroup
Inc
5
.449
06/11/35
20,347
50,000
Citigroup
Inc
6
.020
01/24/36
51,331
50,000
Citigroup
Inc
5
.333
03/27/36
50,187
50,000
Citigroup
Inc
5
.174
09/11/36
49,533
50,000
Citigroup
Inc
5
.411
09/19/39
49,143
40,000
Citigroup
Inc
5
.300
05/06/44
37,139
100,000
Citigroup
Inc
5
.612
03/04/56
96,607
32,000
Citizens
Financial
Group
Inc
2
.850
07/27/26
31,885
100,000
Citizens
Financial
Group
Inc
5
.299
01/29/36
99,140
50,000
CME
Group
Inc
5
.300
09/15/43
49,373
100,000
Cooperatieve
Rabobank
UA
3
.750
07/21/26
99,817
60,000
Cooperatieve
Rabobank
UA
5
.750
12/01/43
58,418
50,000
COPT
Defense
Properties
LP
2
.000
01/15/29
46,755
50,000
Cousins
Properties
LP
5
.375
02/15/32
50,557
20,000
Cousins
Properties
LP
5
.875
10/01/34
20,355
160,000
Deutsche
Bank
AG/New
York
NY
6
.819
11/20/29
167,912
150,000
Deutsche
Bank
AG/New
York
NY
4
.950
08/04/31
149,530
50,000
Deutsche
Bank
AG/New
York
NY
3
.742
01/07/33
45,637
70,000
Digital
Realty
Trust
LP
5
.550
01/15/28
71,114
30,000
Elevance
Health
Inc
3
.650
12/01/27
29,685
50,000
Elevance
Health
Inc
4
.000
09/15/28
49,578
30,000
Elevance
Health
Inc
2
.250
05/15/30
27,437
50,000
Elevance
Health
Inc
5
.500
10/15/32
51,621
50,000
Elevance
Health
Inc
5
.200
02/15/35
50,048
80,000
Elevance
Health
Inc
6
.375
06/15/37
86,213
110,000
Elevance
Health
Inc
4
.650
01/15/43
96,318
10,000
Elevance
Health
Inc
4
.550
03/01/48
8,297
30,000
Elevance
Health
Inc
3
.125
05/15/50
19,335
110,000
Elevance
Health
Inc
4
.550
05/15/52
89,097
5,000
Enstar
Finance
LLC
5
.500
01/15/42
4,906
7,000
Equitable
Holdings
Inc
4
.350
04/20/28
6,972
36,000
Equitable
Holdings
Inc
5
.000
04/20/48
31,218
20,000
ERP
Operating
LP
3
.000
07/01/29
19,175
40,000
ERP
Operating
LP
2
.500
02/15/30
37,221
50,000
ERP
Operating
LP
4
.650
09/15/34
48,805
20,000
Essential
Properties
LP
2
.950
07/15/31
18,129
60,000
Everest
Reinsurance
Holdings
Inc
3
.500
10/15/50
40,176
100,000
Fairfax
Financial
Holdings
Ltd
5
.750
05/20/35
102,369
60,000
Federal
Realty
OP
LP
3
.500
06/01/30
57,419
32,000
Fifth
Third
Bancorp
1
.707
11/01/27
31,572
20,000
Fifth
Third
Bancorp
4
.055
04/25/28
19,903
100,000
Fifth
Third
Bancorp
6
.339
07/27/29
103,552
Portfolio
of
Investments
April
30,
2026
(continued)
NUBD
PRINCIPAL
DESCRIPTION
RATE
FINANCIALS
(continued)
50,000
Fifth
Third
Bancorp
5
.631
%
01/29/32
$
51,620
10,000
Fifth
Third
Financial
Corp
4
.000
02/01/29
9,860
60,000
Fifth
Third
Financial
Corp
5
.982
01/30/30
61,875
40,000
First
American
Financial
Corp
2
.400
08/15/31
34,658
40,000
Franklin
Resources
Inc
1
.600
10/30/30
35,308
50,000
GATX
Corp
4
.700
04/01/29
50,127
10,000
GATX
Corp
4
.000
06/30/30
9,770
10,000
GATX
Corp
1
.900
06/01/31
8,724
30,000
GATX
Corp
3
.500
06/01/32
27,722
20,000
GATX
Corp
5
.450
09/15/33
20,302
30,000
GATX
Corp
6
.050
03/15/34
31,697
20,000
GATX
Corp
5
.200
03/15/44
18,377
10,000
Goldman
Sachs
Group
Inc/The
4
.387
06/15/27
9,999
100,000
Goldman
Sachs
Group
Inc/The
5
.218
04/23/31
101,627
652,000
Goldman
Sachs
Group
Inc/The
2
.383
07/21/32
577,333
200,000
Goldman
Sachs
Group
Inc/The
2
.650
10/21/32
178,042
200,000
Goldman
Sachs
Group
Inc/The
5
.094
04/20/34
199,529
140,000
Goldman
Sachs
Group
Inc/The
6
.561
10/24/34
152,110
50,000
Goldman
Sachs
Group
Inc/The
5
.330
07/23/35
50,187
90,000
Goldman
Sachs
Group
Inc/The
5
.016
10/23/35
88,549
50,000
Goldman
Sachs
Group
Inc/The
5
.536
01/28/36
50,818
100,000
Goldman
Sachs
Group
Inc/The
4
.939
10/21/36
97,003
100,000
Goldman
Sachs
Group
Inc/The
5
.065
01/21/37
97,764
15,000
Goldman
Sachs
Group
Inc/The
6
.750
10/01/37
16,290
100,000
Goldman
Sachs
Group
Inc/The
5
.387
02/02/41
97,336
80,000
Goldman
Sachs
Group
Inc/The
5
.561
11/19/45
76,994
50,000
Goldman
Sachs
Group
Inc/The
5
.541
01/21/47
47,812
40,000
HA
Sustainable
Infrastructure
Capital
Inc
6
.375
07/01/34
40,965
100,000
Hartford
Insurance
Group
Inc/The
2
.900
09/15/51
62,171
50,000
Healthpeak
OP
LLC
2
.125
12/01/28
47,167
70,000
Healthpeak
OP
LLC
3
.500
07/15/29
67,615
10,000
Healthpeak
OP
LLC
5
.250
12/15/32
10,093
40,000
Highwoods
Realty
LP
3
.050
02/15/30
37,045
10,000
Host
Hotels
&
Resorts
LP
3
.375
12/15/29
9,524
50,000
Host
Hotels
&
Resorts
LP
5
.700
06/15/32
51,506
110,000
HSBC
Holdings
PLC
2
.013
09/22/28
106,267
270,000
HSBC
Holdings
PLC
2
.206
08/17/29
256,071
55,000
HSBC
Holdings
PLC
2
.848
06/04/31
50,942
250,000
HSBC
Holdings
PLC
2
.804
05/24/32
226,307
100,000
HSBC
Holdings
PLC
2
.871
11/22/32
89,879
250,000
HSBC
Holdings
PLC
6
.547
06/20/34
265,349
200,000
HSBC
Holdings
PLC
5
.450
03/03/36
201,639
200,000
HSBC
Holdings
PLC
5
.741
09/10/36
200,846
100,000
HSBC
Holdings
PLC
5
.133
11/06/36
98,074
10,000
Humana
Inc
1
.350
02/03/27
9,793
10,000
Humana
Inc
5
.750
12/01/28
10,240
40,000
Humana
Inc
4
.875
04/01/30
40,003
10,000
Humana
Inc
5
.375
04/15/31
10,137
120,000
(a)
Humana
Inc
2
.150
02/03/32
103,689
20,000
Humana
Inc
4
.950
10/01/44
16,871
10,000
Humana
Inc
5
.500
03/15/53
8,731
15,000
Humana
Inc
5
.750
04/15/54
13,557
130,000
Huntington
Bancshares
Inc/OH
5
.709
02/02/35
133,023
40,000
Huntington
Bancshares
Inc/OH
2
.487
08/15/36
34,505
100,000
ING
Groep
NV
3
.950
03/29/27
99,828
80,000
ING
Groep
NV
4
.050
04/09/29
79,064
60,000
ING
Groep
NV
6
.114
09/11/34
63,575
40,000
ING
Groep
NV
5
.550
03/19/35
40,728
64,000
Intercontinental
Exchange
Inc
3
.750
09/21/28
63,157
10,000
Intercontinental
Exchange
Inc
4
.350
06/15/29
9,981
50,000
Intercontinental
Exchange
Inc
5
.250
06/15/31
51,533
20,000
Intercontinental
Exchange
Inc
1
.850
09/15/32
16,905
PRINCIPAL
DESCRIPTION
RATE
FINANCIALS
(continued)
32,000
Intercontinental
Exchange
Inc
4
.600
%
03/15/33
$
31,698
150,000
Intercontinental
Exchange
Inc
4
.250
09/21/48
121,256
20,000
Intercontinental
Exchange
Inc
4
.950
06/15/52
17,923
60,000
Invitation
Homes
Operating
Partnership
LP
5
.450
08/15/30
61,116
30,000
Jackson
Financial
Inc
3
.125
11/23/31
26,862
33,000
Jefferies
Financial
Group
Inc
5
.875
07/21/28
33,716
100,000
Jefferies
Financial
Group
Inc
5
.500
02/15/36
96,300
30,000
JPMorgan
Chase
&
Co
3
.509
01/23/29
29,557
50,000
JPMorgan
Chase
&
Co
4
.915
01/24/29
50,402
240,000
JPMorgan
Chase
&
Co
4
.005
04/23/29
238,071
60,000
JPMorgan
Chase
&
Co
5
.581
04/22/30
61,683
570,000
JPMorgan
Chase
&
Co
3
.702
05/06/30
556,563
260,000
JPMorgan
Chase
&
Co
2
.739
10/15/30
244,876
50,000
JPMorgan
Chase
&
Co
4
.603
10/22/30
50,116
648,000
JPMorgan
Chase
&
Co
4
.493
03/24/31
645,674
50,000
JPMorgan
Chase
&
Co
4
.347
01/22/32
49,235
230,000
JPMorgan
Chase
&
Co
2
.545
11/08/32
204,676
50,000
JPMorgan
Chase
&
Co
5
.717
09/14/33
51,882
50,000
JPMorgan
Chase
&
Co
4
.946
10/22/35
49,438
50,000
JPMorgan
Chase
&
Co
4
.898
01/22/37
48,741
200,000
JPMorgan
Chase
&
Co
5
.148
04/23/37
198,805
130,000
JPMorgan
Chase
&
Co
3
.109
04/22/41
99,430
270,000
JPMorgan
Chase
&
Co
3
.157
04/22/42
203,960
20,000
KeyBank
NA/Cleveland
OH
6
.950
02/01/28
20,755
30,000
KeyBank
NA/Cleveland
OH
3
.900
04/13/29
29,339
60,000
KeyCorp
2
.250
04/06/27
58,929
70,000
KeyCorp
6
.401
03/06/35
74,420
20,000
Kilroy
Realty
LP
4
.750
12/15/28
19,829
30,000
Kilroy
Realty
LP
2
.500
11/15/32
24,726
20,000
Kimco
Realty
OP
LLC
3
.800
04/01/27
19,951
100,000
Kimco
Realty
OP
LLC
2
.250
12/01/31
88,415
175,000
(a)
Kreditanstalt
fuer
Wiederaufbau
3
.750
03/14/31
172,880
5,000
Lazard
Group
LLC
4
.500
09/19/28
4,982
40,000
Lazard
Group
LLC
5
.625
08/01/35
39,952
10,000
Legg
Mason
Inc
5
.625
01/15/44
9,751
20,000
Lloyds
Banking
Group
PLC
4
.818
06/13/29
20,123
200,000
Lloyds
Banking
Group
PLC
5
.721
06/05/30
206,394
100,000
Lloyds
Banking
Group
PLC
5
.679
01/05/35
103,092
100,000
Lloyds
Banking
Group
PLC
4
.943
11/04/36
96,514
20,000
LPL
Holdings
Inc
6
.750
11/17/28
20,929
60,000
LPL
Holdings
Inc
5
.150
06/15/30
60,409
5,000
LXP
Industrial
Trust
6
.750
11/15/28
5,226
40,000
LXP
Industrial
Trust
2
.375
10/01/31
34,829
30,000
M&T
Bank
Corp
7
.413
10/30/29
31,974
60,000
M&T
Bank
Corp
6
.082
03/13/32
62,881
50,000
M&T
Bank
Corp
5
.385
01/16/36
49,821
50,000
Manulife
Financial
Corp
5
.375
03/04/46
47,986
22,000
Markel
Group
Inc
3
.350
09/17/29
21,085
19,000
Markel
Group
Inc
5
.000
04/05/46
16,657
20,000
Marsh
&
McLennan
Cos
Inc
4
.375
03/15/29
20,011
120,000
Marsh
&
McLennan
Cos
Inc
2
.250
11/15/30
108,739
20,000
Marsh
&
McLennan
Cos
Inc
5
.150
03/15/34
20,222
20,000
Marsh
&
McLennan
Cos
Inc
4
.750
03/15/39
18,901
40,000
Marsh
&
McLennan
Cos
Inc
4
.350
01/30/47
32,709
70,000
Marsh
&
McLennan
Cos
Inc
4
.200
03/01/48
55,909
60,000
Marsh
&
McLennan
Cos
Inc
5
.450
03/15/54
56,514
20,000
MetLife
Inc
10
.750
08/01/39
25,967
10,000
MetLife
Inc
5
.875
02/06/41
10,329
220,000
MetLife
Inc
4
.875
11/13/43
199,629
50,000
MetLife
Inc
5
.250
01/15/54
46,369
200,000
Mitsubishi
UFJ
Financial
Group
Inc
2
.757
09/13/26
198,999
150,000
Mitsubishi
UFJ
Financial
Group
Inc
1
.538
07/20/27
149,039
Portfolio
of
Investments
April
30,
2026
(continued)
NUBD
PRINCIPAL
DESCRIPTION
RATE
FINANCIALS
(continued)
10,000
Mitsubishi
UFJ
Financial
Group
Inc
4
.080
%
04/19/28
$
9,971
10,000
Mitsubishi
UFJ
Financial
Group
Inc
5
.258
04/17/30
10,174
200,000
Mitsubishi
UFJ
Financial
Group
Inc
5
.441
02/22/34
204,953
200,000
Mitsubishi
UFJ
Financial
Group
Inc
5
.325
04/21/37
199,657
5,000
Mitsubishi
UFJ
Financial
Group
Inc
4
.286
07/26/38
4,635
20,000
Mitsubishi
UFJ
Financial
Group
Inc
3
.751
07/18/39
16,885
10,000
Mizuho
Financial
Group
Inc
3
.663
02/28/27
9,961
70,000
Mizuho
Financial
Group
Inc
4
.254
09/11/29
69,576
110,000
Mizuho
Financial
Group
Inc
2
.869
09/13/30
103,890
10,000
Mizuho
Financial
Group
Inc
1
.979
09/08/31
8,905
30,000
Mizuho
Financial
Group
Inc
5
.754
05/27/34
31,172
200,000
Mizuho
Financial
Group
Inc
5
.594
07/10/35
205,364
10,000
Mizuho
Financial
Group
Inc
5
.323
07/08/36
10,034
50,000
Morgan
Stanley
4
.350
09/08/26
49,987
10,000
Morgan
Stanley
1
.512
07/20/27
9,939
60,000
Morgan
Stanley
5
.652
04/13/28
60,672
50,000
Morgan
Stanley
4
.210
04/20/28
49,896
10,000
Morgan
Stanley
3
.591
07/22/28
9,889
517,000
Morgan
Stanley
3
.772
01/24/29
510,476
10,000
Morgan
Stanley
5
.123
02/01/29
10,103
90,000
Morgan
Stanley
5
.164
04/20/29
91,023
301,000
Morgan
Stanley
4
.431
01/23/30
299,539
60,000
Morgan
Stanley
5
.656
04/18/30
61,634
25,000
Morgan
Stanley
4
.654
10/18/30
24,958
120,000
Morgan
Stanley
3
.622
04/01/31
115,341
100,000
Morgan
Stanley
4
.493
01/16/32
98,397
100,000
Morgan
Stanley
4
.708
03/12/32
99,228
75,000
Morgan
Stanley
7
.250
04/01/32
85,062
310,000
Morgan
Stanley
2
.239
07/21/32
272,753
130,000
Morgan
Stanley
5
.424
07/21/34
132,493
100,000
Morgan
Stanley
6
.627
11/01/34
108,957
50,000
Morgan
Stanley
5
.831
04/19/35
52,022
133,000
Morgan
Stanley
5
.320
07/19/35
134,060
50,000
Morgan
Stanley
5
.587
01/18/36
51,256
50,000
Morgan
Stanley
5
.664
04/17/36
51,363
100,000
Morgan
Stanley
2
.484
09/16/36
86,566
100,000
Morgan
Stanley
4
.892
10/22/36
97,028
100,000
Morgan
Stanley
5
.296
04/10/37
99,400
110,000
Morgan
Stanley
5
.942
02/07/39
113,259
20,000
Morgan
Stanley
4
.300
01/27/45
16,723
50,000
Morgan
Stanley
5
.516
11/19/55
47,579
20,000
Morgan
Stanley
Bank
NA
4
.952
01/14/28
20,079
135,000
Nasdaq
Inc
5
.550
02/15/34
139,463
150,000
National
Australia
Bank
Ltd/New
York
4
.308
06/13/28
150,434
80,000
NatWest
Group
PLC
4
.892
05/18/29
80,520
110,000
NatWest
Group
PLC
5
.808
09/13/29
113,047
100,000
NatWest
Group
PLC
5
.076
01/27/30
101,141
10,000
NatWest
Group
PLC
4
.445
05/08/30
9,945
10,000
Nomura
Holdings
Inc
5
.594
07/02/27
10,110
120,000
Nomura
Holdings
Inc
2
.172
07/14/28
113,970
30,000
Nomura
Holdings
Inc
2
.999
01/22/32
27,052
80,000
Nomura
Holdings
Inc
6
.181
01/18/33
84,594
10,000
Nomura
Holdings
Inc
6
.087
07/12/33
10,560
20,000
Northern
Trust
Corp
3
.150
05/03/29
19,380
100,000
Northern
Trust
Corp
1
.950
05/01/30
91,222
90,000
Omega
Healthcare
Investors
Inc
4
.750
01/15/28
90,062
40,000
ORIX
Corp
3
.700
07/18/27
39,666
50,000
ORIX
Corp
4
.450
09/09/30
49,579
40,000
ORIX
Corp
2
.250
03/09/31
35,642
20,000
ORIX
Corp
4
.000
04/13/32
19,127
10,000
ORIX
Corp
5
.200
09/13/32
10,175
10,000
Phillips
Edison
Grocery
Center
Operating
Partnership
I
LP
5
.750
07/15/34
10,304
PRINCIPAL
DESCRIPTION
RATE
FINANCIALS
(continued)
20,000
Piedmont
Operating
Partnership
LP
3
.150
%
08/15/30
$
18,207
50,000
Piedmont
Operating
Partnership
LP
5
.625
01/15/33
49,214
10,000
PNC
Bank
NA
3
.100
10/25/27
9,849
90,000
PNC
Bank
NA
4
.050
07/26/28
89,298
20,000
PNC
Bank
NA
2
.700
10/22/29
18,822
100,000
PNC
Financial
Services
Group
Inc/The
5
.582
06/12/29
102,413
50,000
PNC
Financial
Services
Group
Inc/The
5
.222
01/29/31
51,042
50,000
PNC
Financial
Services
Group
Inc/The
4
.812
10/21/32
49,929
140,000
PNC
Financial
Services
Group
Inc/The
6
.875
10/20/34
154,839
60,000
PNC
Financial
Services
Group
Inc/The
5
.676
01/22/35
61,845
50,000
PNC
Financial
Services
Group
Inc/The
5
.401
07/23/35
50,737
10,000
Principal
Financial
Group
Inc
2
.125
06/15/30
9,066
30,000
Principal
Financial
Group
Inc
4
.625
09/15/42
26,101
44,000
Progressive
Corp/The
3
.200
03/26/30
42,119
40,000
Progressive
Corp/The
3
.000
03/15/32
36,651
60,000
Progressive
Corp/The
4
.200
03/15/48
48,101
61,000
Prologis
LP
3
.875
09/15/28
60,402
60,000
Prologis
LP
2
.875
11/15/29
57,037
50,000
Prologis
LP
4
.750
01/15/31
50,516
20,000
Prologis
LP
1
.750
02/01/31
17,631
50,000
Prologis
LP
4
.250
06/15/31
49,195
50,000
Prologis
LP
4
.900
06/15/36
48,843
20,000
Prologis
LP
4
.375
09/15/48
16,405
30,000
Prologis
LP
5
.250
06/15/53
27,957
50,000
Prologis
LP
5
.250
03/15/54
46,526
20,000
Prudential
Financial
Inc
3
.878
03/27/28
19,877
30,000
(a)
Prudential
Financial
Inc
2
.100
03/10/30
27,677
70,000
Prudential
Financial
Inc
3
.000
03/10/40
53,050
20,000
Prudential
Financial
Inc
4
.500
09/15/47
19,595
128,000
Prudential
Financial
Inc
3
.905
12/07/47
96,608
20,000
Prudential
Financial
Inc
4
.418
03/27/48
16,261
20,000
Prudential
Financial
Inc
3
.700
10/01/50
18,446
30,000
Prudential
Funding
Asia
PLC
3
.625
03/24/32
28,329
90,000
Public
Storage
Operating
Co
5
.125
01/15/29
91,941
50,000
Public
Storage
Operating
Co
5
.000
07/01/35
49,862
60,000
Raymond
James
Financial
Inc
4
.950
07/15/46
53,451
32,000
Realty
Income
Corp
3
.200
02/15/31
30,003
100,000
Realty
Income
Corp
4
.500
02/01/33
97,779
50,000
Regency
Centers
LP
5
.250
01/15/34
50,592
20,000
Regions
Financial
Corp
1
.800
08/12/28
18,813
30,000
Reinsurance
Group
of
America
Inc
3
.950
09/15/26
29,973
49,000
Reinsurance
Group
of
America
Inc
3
.900
05/15/29
47,991
23,000
RenaissanceRe
Holdings
Ltd
5
.750
06/05/33
23,682
100,000
Royal
Bank
of
Canada
1
.150
07/14/26
99,458
50,000
Royal
Bank
of
Canada
4
.969
08/02/30
50,616
50,000
Royal
Bank
of
Canada
4
.650
10/18/30
50,142
140,000
Royal
Bank
of
Canada
5
.153
02/04/31
142,288
50,000
Royal
Bank
of
Canada
4
.305
11/03/31
49,174
50,000
Royal
Bank
of
Canada
4
.612
05/03/32
49,704
100,000
Santander
Holdings
USA
Inc
2
.490
01/06/28
98,571
20,000
Santander
Holdings
USA
Inc
6
.565
06/12/29
20,688
10,000
Santander
Holdings
USA
Inc
5
.353
09/06/30
10,106
140,000
Santander
UK
Group
Holdings
PLC
4
.858
09/11/30
140,180
30,000
Selective
Insurance
Group
Inc
5
.900
04/15/35
31,048
160,000
State
Street
Corp
2
.400
01/24/30
150,113
100,000
State
Street
Corp
4
.558
04/23/32
99,518
50,000
State
Street
Corp
4
.675
10/22/32
49,988
100,000
State
Street
Corp
5
.094
04/24/37
99,176
10,000
Stewart
Information
Services
Corp
3
.600
11/15/31
8,905
10,000
Sumisho
Air
Lease
Corp
5
.300
02/01/28
10,106
10,000
Sumisho
Air
Lease
Corp
4
.625
10/01/28
9,973
80,000
Sumisho
Air
Lease
Corp
3
.125
12/01/30
73,925
Portfolio
of
Investments
April
30,
2026
(continued)
NUBD
PRINCIPAL
DESCRIPTION
RATE
FINANCIALS
(continued)
50,000
Sumisho
Air
Lease
Corp
5
.200
%
07/15/31
$
50,278
50,000
Sumitomo
Mitsui
Financial
Group
Inc
2
.632
07/14/26
49,862
260,000
Sumitomo
Mitsui
Financial
Group
Inc
3
.364
07/12/27
257,275
90,000
Sumitomo
Mitsui
Financial
Group
Inc
3
.544
01/17/28
88,819
170,000
Sumitomo
Mitsui
Financial
Group
Inc
2
.750
01/15/30
159,030
10,000
Sumitomo
Mitsui
Financial
Group
Inc
1
.710
01/12/31
8,749
50,000
Sumitomo
Mitsui
Financial
Group
Inc
5
.558
07/09/34
51,407
70,000
Sumitomo
Mitsui
Financial
Group
Inc
5
.836
07/09/44
69,571
70,000
Synchrony
Financial
5
.935
08/02/30
71,401
50,000
Synchrony
Financial
6
.000
07/29/36
49,746
100,000
Toronto-Dominion
Bank/The
5
.523
07/17/28
102,402
50,000
Toronto-Dominion
Bank/The
4
.783
12/17/29
50,567
100,000
Toronto-Dominion
Bank/The
4
.411
01/13/31
99,183
50,000
Toronto-Dominion
Bank/The
3
.625
09/15/31
49,754
50,000
Toronto-Dominion
Bank/The
5
.298
01/30/32
51,311
50,000
Toronto-Dominion
Bank/The
4
.928
10/15/35
48,964
20,000
Travelers
Cos
Inc/The
5
.350
11/01/40
19,856
72,000
Travelers
Cos
Inc/The
4
.600
08/01/43
63,791
20,000
Travelers
Cos
Inc/The
3
.750
05/15/46
15,309
20,000
Travelers
Cos
Inc/The
4
.000
05/30/47
15,808
10,000
Travelers
Cos
Inc/The
4
.050
03/07/48
7,925
10,000
Travelers
Cos
Inc/The
5
.450
05/25/53
9,597
100,000
Truist
Financial
Corp
1
.887
06/07/29
94,779
100,000
Truist
Financial
Corp
7
.161
10/30/29
106,091
50,000
Truist
Financial
Corp
5
.071
05/20/31
50,619
100,000
Truist
Financial
Corp
4
.597
01/27/32
99,008
50,000
Truist
Financial
Corp
4
.680
04/23/32
49,552
50,000
Truist
Financial
Corp
5
.153
08/05/32
50,656
50,000
Truist
Financial
Corp
4
.964
10/23/36
48,312
50,000
Truist
Financial
Corp
5
.281
04/23/37
49,299
200,000
UBS
AG/London
5
.650
09/11/28
206,139
10,000
UBS
Americas
Inc
7
.125
07/15/32
11,163
10,000
UBS
Group
AG
4
.875
05/15/45
8,971
50,000
Unum
Group
5
.250
12/15/35
49,161
320,000
US
Bancorp
5
.384
01/23/30
327,235
170,000
US
Bancorp
5
.678
01/23/35
175,683
1,000
Ventas
Realty
LP
3
.850
04/01/27
997
50,000
Ventas
Realty
LP
5
.100
07/15/32
50,556
50,000
Ventas
Realty
LP
5
.000
02/15/36
49,027
39,000
Voya
Financial
Inc
4
.800
06/15/46
33,510
20,000
Voya
Financial
Inc
4
.700
01/23/48
19,354
10,000
Welltower
OP
LLC
2
.750
01/15/31
9,214
100,000
Welltower
OP
LLC
5
.125
07/01/35
100,265
110,000
Westpac
Banking
Corp
1
.953
11/20/28
104,094
10,000
Westpac
Banking
Corp
2
.650
01/16/30
9,436
100,000
Westpac
Banking
Corp
2
.150
06/03/31
89,853
116,000
Westpac
Banking
Corp
4
.322
11/23/31
115,732
50,000
Westpac
Banking
Corp
5
.618
11/20/35
50,753
30,000
Willis
North
America
Inc
4
.500
09/15/28
29,960
40,000
Willis
North
America
Inc
2
.950
09/15/29
37,927
50,000
Willis
North
America
Inc
5
.900
03/05/54
48,813
10,000
WP
Carey
Inc
2
.400
02/01/31
8,960
50,000
WP
Carey
Inc
2
.450
02/01/32
43,880
30,000
Zions
Bancorp
NA
3
.250
10/29/29
27,940
10,000
Zions
Bancorp
NA
6
.816
11/19/35
10,441
TOTAL
FINANCIALS
35,238,626
INDUSTRIAL
-
13.9%
30,000
3M
Co
3
.375
03/01/29
29,178
28,000
3M
Co
2
.375
08/26/29
26,284
100,000
3M
Co
3
.050
04/15/30
94,680
30,000
3M
Co
5
.700
03/15/37
31,143
10,000
3M
Co
3
.625
10/15/47
7,256
PRINCIPAL
DESCRIPTION
RATE
INDUSTRIAL
(continued)
20,000
3M
Co
3
.250
%
08/26/49
$
13,478
30,000
ABB
Finance
USA
Inc
3
.800
04/03/28
29,791
200,000
AbbVie
Inc
4
.800
03/15/27
201,193
192,000
AbbVie
Inc
4
.650
03/15/28
193,630
150,000
AbbVie
Inc
4
.950
03/15/31
153,087
170,000
AbbVie
Inc
5
.050
03/15/34
172,352
150,000
AbbVie
Inc
5
.350
03/15/44
145,522
230,000
AbbVie
Inc
5
.400
03/15/54
218,281
160,000
AbbVie
Inc
5
.500
03/15/64
151,717
100,000
Accenture
Capital
Inc
4
.250
10/04/31
98,579
18,000
Adobe
Inc
2
.150
02/01/27
17,759
70,000
Adobe
Inc
4
.800
04/04/29
70,969
50,000
Adobe
Inc
4
.950
01/17/30
50,956
80,000
Agilent
Technologies
Inc
2
.100
06/04/30
72,540
89,000
Air
Products
and
Chemicals
Inc
1
.850
05/15/27
87,017
10,000
Air
Products
and
Chemicals
Inc
2
.050
05/15/30
9,125
40,000
Air
Products
and
Chemicals
Inc
4
.900
10/11/32
40,541
50,000
Air
Products
and
Chemicals
Inc
4
.800
03/03/33
50,423
10,000
Air
Products
and
Chemicals
Inc
2
.700
05/15/40
7,363
40,000
Allegion
US
Holding
Co
Inc
5
.411
07/01/32
40,834
10,000
Amcor
Finance
USA
Inc
4
.500
05/15/28
10,012
60,000
Amcor
Flexibles
North
America
Inc
2
.630
06/19/30
55,438
50,000
Amcor
Flexibles
North
America
Inc
2
.690
05/25/31
45,333
10,000
America
Movil
SAB
de
CV
2
.875
05/07/30
9,338
150,000
America
Movil
SAB
de
CV
4
.700
07/21/32
149,029
30,000
America
Movil
SAB
de
CV
6
.375
03/01/35
32,582
30,000
America
Movil
SAB
de
CV
6
.125
11/15/37
31,720
40,000
American
Honda
Finance
Corp
2
.300
09/09/26
39,738
60,000
American
Honda
Finance
Corp
4
.900
03/13/29
60,433
50,000
American
Honda
Finance
Corp
4
.500
09/04/30
49,370
90,000
American
Honda
Finance
Corp
5
.850
10/04/30
93,531
120,000
American
Honda
Finance
Corp
5
.050
07/10/31
120,710
10,000
American
Tower
Corp
1
.450
09/15/26
9,893
10,000
American
Tower
Corp
3
.375
10/15/26
9,961
30,000
American
Tower
Corp
3
.600
01/15/28
29,573
40,000
American
Tower
Corp
1
.500
01/31/28
38,039
110,000
American
Tower
Corp
5
.250
07/15/28
111,730
50,000
American
Tower
Corp
5
.800
11/15/28
51,508
70,000
American
Tower
Corp
2
.900
01/15/30
65,893
20,000
American
Tower
Corp
1
.875
10/15/30
17,765
110,000
American
Tower
Corp
4
.050
03/15/32
105,866
20,000
American
Tower
Corp
3
.700
10/15/49
14,453
30,000
American
Tower
Corp
3
.100
06/15/50
19,238
60,000
Amgen
Inc
5
.150
03/02/28
60,830
140,000
Amgen
Inc
3
.000
02/22/29
135,230
10,000
Amgen
Inc
5
.250
03/02/30
10,253
138,000
Amgen
Inc
2
.300
02/25/31
124,861
120,000
Amgen
Inc
2
.000
01/15/32
103,857
20,000
Amgen
Inc
5
.750
03/15/40
20,523
20,000
Amgen
Inc
4
.950
10/01/41
18,582
377,000
Amgen
Inc
5
.600
03/02/43
371,816
160,000
Amgen
Inc
4
.400
05/01/45
134,807
30,000
Amgen
Inc
4
.563
06/15/48
25,057
120,000
Amgen
Inc
4
.663
06/15/51
100,480
30,000
Amgen
Inc
5
.650
03/02/53
28,849
10,000
Analog
Devices
Inc
3
.500
12/05/26
9,970
50,000
Analog
Devices
Inc
1
.700
10/01/28
47,163
20,000
Analog
Devices
Inc
2
.100
10/01/31
17,677
10,000
Analog
Devices
Inc
5
.050
04/01/34
10,194
80,000
Analog
Devices
Inc
5
.300
04/01/54
75,925
459,000
Apple
Inc
1
.650
02/08/31
409,980
700,000
(a)
Apple
Inc
4
.500
02/23/36
698,336
Portfolio
of
Investments
April
30,
2026
(continued)
NUBD
PRINCIPAL
DESCRIPTION
RATE
INDUSTRIAL
(continued)
300,000
Apple
Inc
2
.375
%
02/08/41
$
212,792
20,000
Apple
Inc
4
.450
05/06/44
17,766
50,000
Applied
Materials
Inc
4
.000
01/15/31
49,058
32,000
Applied
Materials
Inc
5
.100
10/01/35
32,529
50,000
Applied
Materials
Inc
4
.600
01/15/36
48,510
26,000
Applied
Materials
Inc
4
.350
04/01/47
21,998
50,000
AppLovin
Corp
5
.500
12/01/34
49,981
50,000
AptarGroup
Inc
4
.750
03/30/31
49,653
75,000
Aptiv
Swiss
Holdings
Ltd
4
.150
05/01/52
54,562
20,000
Archer-Daniels-Midland
Co
2
.500
08/11/26
19,919
40,000
Archer-Daniels-Midland
Co
3
.250
03/27/30
38,324
120,000
Archer-Daniels-Midland
Co
2
.700
09/15/51
71,767
24,000
Arrow
Electronics
Inc
2
.950
02/15/32
21,369
50,000
Astrazeneca
Finance
LLC
4
.800
02/26/27
50,287
49,000
AstraZeneca
PLC
1
.375
08/06/30
43,369
272,000
AstraZeneca
PLC
6
.450
09/15/37
303,094
20,000
AstraZeneca
PLC
4
.375
11/16/45
17,255
30,000
AstraZeneca
PLC
2
.125
08/06/50
16,385
230,000
AT&T
Inc
4
.700
08/15/30
231,615
350,000
AT&T
Inc
2
.550
12/01/33
295,919
200,000
AT&T
Inc
5
.400
02/15/34
203,811
350,000
AT&T
Inc
5
.375
08/15/35
352,875
100,000
AT&T
Inc
4
.900
11/01/35
97,270
85,000
AT&T
Inc
6
.000
08/15/40
86,757
15,000
AT&T
Inc
6
.375
03/01/41
15,753
100,000
AT&T
Inc
5
.550
11/01/45
93,858
50,000
AT&T
Inc
5
.850
04/30/46
48,240
133,000
AT&T
Inc
5
.700
11/01/54
123,374
410,000
AT&T
Inc
6
.050
08/15/56
398,905
40,000
Atlassian
Corp
5
.500
05/15/34
39,035
50,000
Augusta
SpinCo
Corp
4
.945
03/23/33
49,757
80,000
Autodesk
Inc
2
.400
12/15/31
70,485
50,000
Automatic
Data
Processing
Inc
4
.750
05/08/32
50,386
30,000
AutoNation
Inc
1
.950
08/01/28
28,305
60,000
AutoNation
Inc
4
.750
06/01/30
59,737
20,000
AutoNation
Inc
3
.850
03/01/32
18,662
50,000
AutoZone
Inc
4
.500
02/01/28
50,106
120,000
AutoZone
Inc
5
.200
08/01/33
121,411
70,000
Avery
Dennison
Corp
2
.250
02/15/32
60,928
10,000
Baidu
Inc
3
.425
04/07/30
9,676
80,000
Baidu
Inc
2
.375
10/09/30
73,864
50,000
Baker
Hughes
Holdings
LLC
/
Baker
Hughes
Co-Obligor
Inc
3
.337
12/15/27
49,271
125,000
Baker
Hughes
Holdings
LLC
/
Baker
Hughes
Co-Obligor
Inc
3
.138
11/07/29
120,192
30,000
Baker
Hughes
Holdings
LLC
/
Baker
Hughes
Co-Obligor
Inc
4
.486
05/01/30
30,017
70,000
Baxter
International
Inc
1
.730
04/01/31
59,020
100,000
Baxter
International
Inc
2
.539
02/01/32
84,964
20,000
Bell
Telephone
Co
of
Canada
or
Bell
Canada
5
.100
05/11/33
20,057
60,000
Bell
Telephone
Co
of
Canada
or
Bell
Canada
5
.200
02/15/34
60,276
50,000
Bell
Telephone
Co
of
Canada
or
Bell
Canada
4
.464
04/01/48
40,259
80,000
Berry
Global
Inc
5
.500
04/15/28
81,460
20,000
Berry
Global
Inc
5
.650
01/15/34
20,503
30,000
Biogen
Inc
2
.250
05/01/30
27,443
50,000
Biogen
Inc
5
.750
05/15/35
52,074
70,000
Biogen
Inc
3
.150
05/01/50
44,583
40,000
Block
Financial
LLC
2
.500
07/15/28
37,890
50,000
Boardwalk
Pipelines
LP
5
.375
02/15/36
49,598
50,000
Booking
Holdings
Inc
3
.600
06/01/26
49,980
20,000
Booz
Allen
Hamilton
Inc
5
.950
08/04/33
20,420
60,000
(a)
Booz
Allen
Hamilton
Inc
5
.950
04/15/35
60,462
62,000
BorgWarner
Inc
2
.650
07/01/27
60,770
84,000
Boston
Scientific
Corp
6
.250
11/15/35
92,246
10,000
Bristol-Myers
Squibb
Co
3
.250
02/27/27
9,944
PRINCIPAL
DESCRIPTION
RATE
INDUSTRIAL
(continued)
20,000
Bristol-Myers
Squibb
Co
1
.125
%
11/13/27
$
19,150
90,000
Bristol-Myers
Squibb
Co
1
.450
11/13/30
79,250
70,000
Bristol-Myers
Squibb
Co
5
.900
11/15/33
74,989
560,000
Bristol-Myers
Squibb
Co
4
.125
06/15/39
498,857
70,000
Bristol-Myers
Squibb
Co
4
.550
02/20/48
59,218
21,000
British
Telecommunications
PLC
5
.125
12/04/28
21,287
60,000
British
Telecommunications
PLC
9
.625
12/15/30
71,543
50,000
Broadcom
Inc
4
.200
10/15/30
49,380
50,000
Broadcom
Inc
4
.300
01/15/31
49,599
50,000
Broadcom
Inc
5
.150
11/15/31
51,184
50,000
Broadcom
Inc
4
.550
02/15/32
49,690
292,000
(b)
Broadcom
Inc
4
.150
04/15/32
283,250
485,000
Broadcom
Inc
4
.300
11/15/32
473,553
50,000
Broadcom
Inc
4
.600
01/15/33
49,419
280,000
(b)
Broadcom
Inc
3
.187
11/15/36
234,950
50,000
Broadcom
Inc
5
.700
01/15/56
49,707
60,000
Broadridge
Financial
Solutions
Inc
2
.600
05/01/31
53,616
50,000
Brunswick
Corp/DE
4
.400
09/15/32
47,368
40,000
Bunge
Ltd
Finance
Corp
3
.250
08/15/26
39,905
20,000
Bunge
Ltd
Finance
Corp
3
.750
09/25/27
19,849
60,000
Bunge
Ltd
Finance
Corp
4
.550
08/04/30
59,848
60,000
Bunge
Ltd
Finance
Corp
2
.750
05/14/31
54,836
30,000
Cabot
Corp
5
.000
06/30/32
30,055
15,000
Campbell's
Company/The
3
.125
04/24/50
8,965
20,000
Campbell's
Company/The
5
.250
10/13/54
16,460
50,000
Canadian
National
Railway
Co
4
.200
03/12/31
49,359
10,000
Canadian
National
Railway
Co
3
.850
08/05/32
9,571
10,000
Canadian
National
Railway
Co
6
.250
08/01/34
10,872
70,000
Canadian
National
Railway
Co
6
.375
11/15/37
77,336
40,000
Canadian
National
Railway
Co
4
.450
01/20/49
33,585
15,000
Canadian
National
Railway
Co
2
.450
05/01/50
8,763
50,000
Cardinal
Health
Inc
4
.500
09/15/30
49,742
120,000
Cardinal
Health
Inc
4
.500
11/15/44
100,182
10,000
Cardinal
Health
Inc
4
.900
09/15/45
8,785
43,000
Carlisle
Cos
Inc
2
.200
03/01/32
37,212
25,000
Carlisle
Cos
Inc
5
.250
09/15/35
25,096
10,000
Carrier
Global
Corp
2
.700
02/15/31
9,201
70,000
Carrier
Global
Corp
5
.900
03/15/34
73,793
112,000
Carrier
Global
Corp
3
.377
04/05/40
89,354
10,000
Caterpillar
Financial
Services
Corp
4
.450
10/16/26
10,023
50,000
Caterpillar
Financial
Services
Corp
5
.000
05/14/27
50,536
10,000
Caterpillar
Financial
Services
Corp
4
.400
10/15/27
10,048
50,000
Caterpillar
Financial
Services
Corp
4
.600
11/15/27
50,367
50,000
Caterpillar
Financial
Services
Corp
4
.400
03/03/28
50,217
50,000
Caterpillar
Financial
Services
Corp
3
.950
11/14/28
49,798
50,000
Caterpillar
Financial
Services
Corp
4
.150
01/08/31
49,535
50,000
Caterpillar
Inc
2
.600
09/19/29
47,405
30,000
Caterpillar
Inc
5
.200
05/15/35
30,752
90,000
Caterpillar
Inc
3
.803
08/15/42
74,707
37,000
Caterpillar
Inc
3
.250
09/19/49
25,906
70,000
CBRE
Services
Inc
4
.900
01/15/33
69,194
30,000
CBRE
Services
Inc
5
.950
08/15/34
31,308
112,000
CDW
LLC
/
CDW
Finance
Corp
2
.670
12/01/26
110,888
160,000
Cencora
Inc
5
.125
02/15/34
160,625
50,000
Cencora
Inc
5
.150
02/15/35
50,191
30,000
CF
Industries
Inc
5
.150
03/15/34
29,957
20,000
CF
Industries
Inc
4
.950
06/01/43
17,991
12,000
CF
Industries
Inc
5
.375
03/15/44
11,268
20,000
CGI
Inc
1
.450
09/14/26
19,786
40,000
CH
Robinson
Worldwide
Inc
4
.200
04/15/28
39,725
62,000
Cheniere
Corpus
Christi
Holdings
LLC
5
.125
06/30/27
62,267
10,000
Cheniere
Energy
Inc
4
.625
10/15/28
9,967
Portfolio
of
Investments
April
30,
2026
(continued)
NUBD
PRINCIPAL
DESCRIPTION
RATE
INDUSTRIAL
(continued)
16,000
Cheniere
Energy
Inc
5
.650
%
04/15/34
$
16,483
50,000
(b)
Cheniere
Energy
Inc
5
.200
07/30/36
49,430
160,000
Cheniere
Energy
Partners
LP
5
.950
06/30/33
167,920
30,000
Choice
Hotels
International
Inc
5
.850
08/01/34
30,329
70,000
Church
&
Dwight
Co
Inc
3
.150
08/01/27
69,133
300,000
Cigna
Group/The
3
.050
10/15/27
294,630
130,000
Cigna
Group/The
4
.800
08/15/38
122,232
10,000
Cigna
Group/The
6
.125
11/15/41
10,364
50,000
Cigna
Group/The
3
.875
10/15/47
37,724
20,000
Cigna
Group/The
5
.600
02/15/54
18,948
160,000
Cigna
Group/The
6
.000
01/15/56
159,968
60,000
Cintas
Corp
No
2
4
.200
05/01/28
59,971
308,000
Cisco
Systems
Inc
2
.500
09/20/26
306,406
30,000
Cisco
Systems
Inc
5
.500
01/15/40
30,594
130,000
Cisco
Systems
Inc
5
.300
02/26/54
122,028
60,000
Cisco
Systems
Inc
5
.500
02/24/55
57,979
50,000
Clorox
Co/The
4
.400
05/01/29
49,855
20,000
Clorox
Co/The
1
.800
05/15/30
17,912
20,000
CNH
Industrial
Capital
LLC
1
.450
07/15/26
19,881
50,000
CNH
Industrial
Capital
LLC
4
.500
10/08/27
50,037
15,000
CNH
Industrial
Capital
LLC
4
.500
10/16/30
14,829
20,000
CNH
Industrial
NV
3
.850
11/15/27
19,831
10,000
Coca-Cola
Co/The
3
.375
03/25/27
9,958
5,000
Coca-Cola
Co/The
1
.450
06/01/27
4,869
10,000
Coca-Cola
Co/The
1
.500
03/05/28
9,577
140,000
Coca-Cola
Co/The
1
.000
03/15/28
132,539
170,000
Coca-Cola
Co/The
1
.650
06/01/30
153,749
10,000
Coca-Cola
Co/The
1
.375
03/15/31
8,750
45,000
Coca-Cola
Co/The
2
.875
05/05/41
34,018
130,000
Coca-Cola
Co/The
3
.000
03/05/51
85,201
50,000
Coca-Cola
Co/The
5
.300
05/13/54
47,754
80,000
Coca-Cola
Co/The
2
.750
06/01/60
45,642
70,000
Colgate-Palmolive
Co
3
.250
08/15/32
65,895
190,000
Comcast
Corp
3
.400
04/01/30
182,400
250,000
(a)
Comcast
Corp
1
.500
02/15/31
216,838
80,000
Comcast
Corp
5
.500
11/15/32
83,077
90,000
Comcast
Corp
4
.800
05/15/33
89,409
39,000
(b)
Comcast
Corp
5
.168
01/15/37
38,019
175,000
Comcast
Corp
6
.450
03/15/37
189,521
381,000
Comcast
Corp
3
.750
04/01/40
308,723
20,000
Comcast
Corp
4
.049
11/01/52
14,283
75,000
(a)
Comcast
Corp
5
.650
06/01/54
68,507
50,000
Comcast
Corp
6
.050
05/15/55
49,134
360,000
Comcast
Corp
2
.987
11/01/63
189,440
80,000
Conagra
Brands
Inc
8
.250
09/15/30
90,376
50,000
Conagra
Brands
Inc
5
.300
11/01/38
46,580
10,000
Conagra
Brands
Inc
5
.400
11/01/48
8,538
50,000
(a)
Concentrix
Corp
6
.850
08/02/33
45,637
70,000
Corning
Inc
5
.350
11/15/48
65,541
15,000
Corning
Inc
3
.900
11/15/49
11,251
10,000
Corning
Inc
4
.375
11/15/57
7,837
42,000
Costco
Wholesale
Corp
1
.375
06/20/27
40,823
12,000
Costco
Wholesale
Corp
1
.600
04/20/30
10,870
50,000
CRH
America
Finance
Inc
4
.400
02/09/31
49,374
20,000
Crown
Castle
Inc
3
.700
06/15/26
19,984
114,000
Crown
Castle
Inc
3
.300
07/01/30
107,363
10,000
Crown
Castle
Inc
2
.100
04/01/31
8,766
150,000
Crown
Castle
Inc
2
.500
07/15/31
132,897
60,000
Crown
Castle
Inc
2
.900
04/01/41
43,047
30,000
Crown
Castle
Inc
3
.250
01/15/51
19,351
55,000
CSX
Corp
4
.250
03/15/29
54,952
30,000
CSX
Corp
6
.000
10/01/36
32,187
PRINCIPAL
DESCRIPTION
RATE
INDUSTRIAL
(continued)
20,000
CSX
Corp
6
.150
%
05/01/37
$
21,639
20,000
CSX
Corp
6
.220
04/30/40
21,645
130,000
CSX
Corp
4
.100
03/15/44
107,172
30,000
CSX
Corp
3
.800
11/01/46
23,073
90,000
CSX
Corp
4
.750
11/15/48
78,346
10,000
CSX
Corp
3
.800
04/15/50
7,427
62,000
CSX
Corp
4
.250
11/01/66
46,667
60,000
Cummins
Inc
4
.250
05/09/28
60,093
39,000
Cummins
Inc
1
.500
09/01/30
34,641
112,000
Cummins
Inc
2
.600
09/01/50
66,669
100,000
Danaher
Corp
2
.800
12/10/51
61,421
10,000
DCP
Midstream
Operating
LP
5
.625
07/15/27
10,099
70,000
DCP
Midstream
Operating
LP
5
.125
05/15/29
71,010
60,000
Deere
&
Co
5
.450
01/16/35
62,437
130,000
Deere
&
Co
3
.900
06/09/42
110,136
20,000
Dell
Inc
6
.500
04/15/38
21,542
50,000
Dell
International
LLC
/
EMC
Corp
6
.100
07/15/27
50,893
30,000
Dell
International
LLC
/
EMC
Corp
5
.250
02/01/28
30,425
50,000
Dell
International
LLC
/
EMC
Corp
4
.750
04/01/28
50,297
20,000
Dell
International
LLC
/
EMC
Corp
4
.350
02/01/30
19,811
10,000
Dell
International
LLC
/
EMC
Corp
6
.200
07/15/30
10,555
112,000
Dell
International
LLC
/
EMC
Corp
8
.100
07/15/36
133,312
20,000
Dell
International
LLC
/
EMC
Corp
3
.375
12/15/41
15,069
110,000
Dell
International
LLC
/
EMC
Corp
8
.350
07/15/46
136,404
13,000
Delta
Air
Lines
2020-1
Class
AA
Pass
Through
Trust
2020
A
2
.000
06/10/28
12,944
40,000
Delta
Air
Lines
Inc
4
.375
04/19/28
39,768
50,000
Delta
Air
Lines
Inc
5
.250
07/10/30
50,390
30,000
DH
Europe
Finance
II
Sarl
3
.400
11/15/49
21,114
130,000
Dollar
General
Corp
3
.500
04/03/30
124,264
92,000
Dollar
Tree
Inc
3
.375
12/01/51
59,528
30,000
Dover
Corp
5
.375
10/15/35
31,155
10,000
Dow
Chemical
Co/The
2
.100
11/15/30
8,846
91,000
Dow
Chemical
Co/The
4
.250
10/01/34
83,342
60,000
Dow
Chemical
Co/The
5
.650
03/15/36
59,789
10,000
Dow
Chemical
Co/The
9
.400
05/15/39
12,861
30,000
Dow
Chemical
Co/The
4
.375
11/15/42
23,867
10,000
Dow
Chemical
Co/The
6
.900
05/15/53
10,326
30,000
Dow
Chemical
Co/The
5
.600
02/15/54
26,116
60,000
Dow
Chemical
Co/The
5
.950
03/15/55
54,884
70,000
DR
Horton
Inc
1
.300
10/15/26
69,125
70,000
DuPont
de
Nemours
Inc
5
.319
11/15/38
69,001
3,000
DuPont
de
Nemours
Inc
5
.419
11/15/48
2,791
16,000
DXC
Technology
Co
1
.800
09/15/26
15,837
50,000
Eagle
Materials
Inc
5
.000
03/15/36
48,088
60,000
Eastman
Chemical
Co
5
.750
03/08/33
62,340
30,000
Eastman
Chemical
Co
4
.800
09/01/42
26,342
48,000
Eaton
Corp
3
.103
09/15/27
47,358
62,000
Eaton
Corp
4
.000
11/02/32
60,130
114,000
eBay
Inc
2
.700
03/11/30
106,394
50,000
eBay
Inc
5
.125
11/06/35
49,406
20,000
eBay
Inc
3
.650
05/10/51
14,143
46,000
Ecolab
Inc
3
.250
12/01/27
45,423
10,000
Ecolab
Inc
4
.800
03/24/30
10,149
10,000
Ecolab
Inc
1
.300
01/30/31
8,658
50,000
Ecolab
Inc
5
.000
09/01/35
50,354
50,000
Eli
Lilly
&
Co
4
.550
02/12/28
50,347
25,000
Eli
Lilly
&
Co
3
.375
03/15/29
24,474
100,000
Eli
Lilly
&
Co
4
.550
10/15/32
99,997
200,000
Eli
Lilly
&
Co
4
.700
02/27/33
201,374
110,000
Eli
Lilly
&
Co
3
.700
03/01/45
85,760
110,000
Eli
Lilly
&
Co
3
.950
03/15/49
86,054
20,000
Eli
Lilly
&
Co
4
.875
02/27/53
17,758
Portfolio
of
Investments
April
30,
2026
(continued)
NUBD
PRINCIPAL
DESCRIPTION
RATE
INDUSTRIAL
(continued)
110,000
Eli
Lilly
&
Co
5
.000
%
02/09/54
$
99,696
60,000
Eli
Lilly
&
Co
5
.550
10/15/55
58,982
50,000
Emerson
Electric
Co
2
.000
12/21/28
47,323
22,000
Emerson
Electric
Co
1
.950
10/15/30
19,870
50,000
Emerson
Electric
Co
5
.000
03/15/35
50,290
30,000
Enbridge
Inc
3
.700
07/15/27
29,759
50,000
Enbridge
Inc
4
.200
11/20/28
49,696
190,000
Enbridge
Inc
3
.125
11/15/29
181,291
50,000
Enbridge
Inc
5
.450
03/27/36
50,526
220,000
Enbridge
Inc
4
.500
06/10/44
185,387
20,000
Enbridge
Inc
5
.500
12/01/46
18,997
285,000
Energy
Transfer
LP
4
.200
04/15/27
284,900
235,000
Energy
Transfer
LP
5
.500
06/01/27
237,102
300,000
Energy
Transfer
LP
5
.350
01/15/36
298,241
50,000
Enterprise
Products
Operating
LLC
4
.300
06/20/28
50,032
20,000
Enterprise
Products
Operating
LLC
2
.800
01/31/30
18,898
110,000
Enterprise
Products
Operating
LLC
7
.550
04/15/38
130,653
210,000
Enterprise
Products
Operating
LLC
6
.125
10/15/39
224,380
70,000
Enterprise
Products
Operating
LLC
4
.850
03/15/44
63,695
50,000
Enterprise
Products
Operating
LLC
5
.100
02/15/45
46,425
60,000
Enterprise
Products
Operating
LLC
4
.900
05/15/46
53,739
60,000
Enterprise
Products
Operating
LLC
3
.300
02/15/53
39,767
20,000
Enterprise
Products
Operating
LLC
5
.375
02/15/78
19,944
30,000
Equifax
Inc
5
.100
12/15/27
30,274
50,000
Equifax
Inc
5
.100
06/01/28
50,546
20,000
Equinix
Inc
2
.900
11/18/26
19,855
10,000
Equinix
Inc
2
.000
05/15/28
9,538
130,000
Equinix
Inc
3
.900
04/15/32
123,353
50,000
Equinix
Inc
3
.000
07/15/50
31,336
40,000
Estee
Lauder
Cos
Inc/The
3
.150
03/15/27
39,705
130,000
Estee
Lauder
Cos
Inc/The
2
.600
04/15/30
121,129
20,000
Estee
Lauder
Cos
Inc/The
1
.950
03/15/31
17,684
100,000
Expedia
Group
Inc
5
.500
04/15/36
97,895
30,000
(a)
FactSet
Research
Systems
Inc
3
.450
03/01/32
27,194
92,000
Fidelity
National
Information
Services
Inc
1
.650
03/01/28
87,283
50,000
Fidelity
National
Information
Services
Inc
4
.800
03/10/31
49,733
40,000
Fiserv
Inc
2
.250
06/01/27
39,044
254,000
Fiserv
Inc
3
.500
07/01/29
244,205
40,000
Fiserv
Inc
2
.650
06/01/30
36,595
50,000
Fiserv
Inc
4
.550
02/15/31
49,011
30,000
Fiserv
Inc
5
.450
03/15/34
29,802
40,000
Fiserv
Inc
4
.400
07/01/49
30,309
90,000
Flex
Ltd
4
.875
06/15/29
90,312
10,000
Fomento
Economico
Mexicano
SAB
de
CV
4
.375
05/10/43
8,663
59,000
Fomento
Economico
Mexicano
SAB
de
CV
3
.500
01/16/50
43,187
40,000
Fortive
Corp
3
.150
06/15/26
39,934
40,000
Fortune
Brands
Innovations
Inc
5
.875
06/01/33
41,632
140,000
GE
HealthCare
Technologies
Inc
5
.857
03/15/30
145,790
50,000
GE
HealthCare
Technologies
Inc
4
.950
12/15/35
48,728
184,000
General
Mills
Inc
2
.875
04/15/30
171,878
20,000
General
Mills
Inc
4
.950
03/29/33
19,832
200,000
General
Motors
Co
6
.250
10/02/43
198,324
250,000
General
Motors
Financial
Co
Inc
5
.050
04/04/28
252,190
50,000
General
Motors
Financial
Co
Inc
4
.200
10/27/28
49,592
122,000
General
Motors
Financial
Co
Inc
5
.550
07/15/29
124,987
100,000
General
Motors
Financial
Co
Inc
5
.450
07/15/30
102,447
100,000
General
Motors
Financial
Co
Inc
5
.625
04/04/32
102,580
100,000
General
Motors
Financial
Co
Inc
6
.150
07/15/35
104,065
50,000
(a)
General
Motors
Financial
Co
Inc
5
.450
01/08/36
49,640
50,000
Genuine
Parts
Co
6
.500
11/01/28
51,768
50,000
Genuine
Parts
Co
2
.750
02/01/32
43,538
50,000
Gilead
Sciences
Inc
5
.250
10/15/33
51,751
PRINCIPAL
DESCRIPTION
RATE
INDUSTRIAL
(continued)
70,000
Gilead
Sciences
Inc
5
.100
%
06/15/35
$
70,601
90,000
Gilead
Sciences
Inc
4
.600
09/01/35
87,795
176,000
Gilead
Sciences
Inc
4
.000
09/01/36
161,918
70,000
Gilead
Sciences
Inc
5
.650
12/01/41
70,942
20,000
Gilead
Sciences
Inc
4
.800
04/01/44
18,028
30,000
Gilead
Sciences
Inc
4
.150
03/01/47
24,209
10,000
GlaxoSmithKline
Capital
Inc
3
.875
05/15/28
9,945
60,000
GlaxoSmithKline
Capital
Inc
5
.375
04/15/34
62,348
60,000
GlaxoSmithKline
Capital
Inc
6
.375
05/15/38
66,451
245,000
Global
Payments
Inc
3
.200
08/15/29
231,362
50,000
Global
Payments
Inc
5
.400
03/15/33
48,883
50,000
Global
Payments
Inc
5
.550
11/15/35
48,223
50,000
GXO
Logistics
Inc
1
.650
07/15/26
49,673
30,000
GXO
Logistics
Inc
6
.500
05/06/34
31,665
30,000
Haleon
US
Capital
LLC
4
.000
03/24/52
22,938
152,000
Halliburton
Co
4
.850
11/15/35
148,702
9,000
Halliburton
Co
4
.500
11/15/41
7,821
35,000
Harley-Davidson
Inc
4
.625
07/28/45
27,629
20,000
Hasbro
Inc
3
.550
11/19/26
19,935
10,000
Hasbro
Inc
3
.500
09/15/27
9,888
70,000
Hasbro
Inc
3
.900
11/19/29
68,320
30,000
HCA
Inc
5
.250
06/15/26
30,023
40,000
HCA
Inc
4
.500
02/15/27
40,000
80,000
HCA
Inc
3
.125
03/15/27
79,241
100,000
HCA
Inc
5
.200
06/01/28
101,356
206,000
HCA
Inc
4
.125
06/15/29
203,230
70,000
HCA
Inc
5
.450
04/01/31
71,868
110,000
HCA
Inc
5
.125
06/15/39
104,028
160,000
HCA
Inc
3
.500
07/15/51
105,361
100,000
HCA
Inc
6
.200
03/01/55
98,926
70,000
HCA
Inc
5
.700
11/15/55
65,109
70,000
Hershey
Co/The
4
.250
05/04/28
70,167
50,000
Hewlett
Packard
Enterprise
Co
4
.400
10/15/30
49,162
260,000
(a)
Hewlett
Packard
Enterprise
Co
6
.200
10/15/35
277,703
50,000
HF
Sinclair
Corp
5
.500
09/01/32
50,597
20,000
(a)
Home
Depot
Inc/The
2
.500
04/15/27
19,745
120,000
Home
Depot
Inc/The
4
.875
06/25/27
121,066
60,000
Home
Depot
Inc/The
3
.750
09/15/28
59,579
30,000
Home
Depot
Inc/The
2
.950
06/15/29
28,873
299,000
Home
Depot
Inc/The
5
.400
09/15/40
301,707
130,000
Home
Depot
Inc/The
5
.950
04/01/41
137,454
30,000
Home
Depot
Inc/The
4
.875
02/15/44
27,358
62,000
Home
Depot
Inc/The
4
.400
03/15/45
52,553
220,000
Home
Depot
Inc/The
4
.500
12/06/48
184,782
120,000
Honda
Motor
Co
Ltd
2
.534
03/10/27
118,270
95,000
Hormel
Foods
Corp
1
.700
06/03/28
90,198
10,000
Hormel
Foods
Corp
1
.800
06/11/30
9,005
50,000
Howmet
Aerospace
Inc
4
.850
10/15/31
50,427
30,000
HP
Inc
4
.000
04/15/29
29,505
52,000
HP
Inc
3
.400
06/17/30
49,424
110,000
HP
Inc
4
.200
04/15/32
105,009
10,000
(a)
HP
Inc
5
.500
01/15/33
10,184
50,000
Hubbell
Inc
4
.800
11/15/35
48,783
40,000
IBM
International
Capital
Pte
Ltd
4
.600
02/05/27
40,097
10,000
IDEX
Corp
4
.950
09/01/29
10,098
30,000
IDEX
Corp
2
.625
06/15/31
27,196
10,000
Illinois
Tool
Works
Inc
3
.900
09/01/42
8,345
20,000
Illumina
Inc
4
.750
12/12/30
19,906
80,000
Ingersoll
Rand
Inc
5
.197
06/15/27
80,648
10,000
Intel
Corp
3
.750
03/25/27
9,961
110,000
Intel
Corp
5
.125
02/10/30
111,780
10,000
Intel
Corp
4
.000
12/15/32
9,462
Portfolio
of
Investments
April
30,
2026
(continued)
NUBD
PRINCIPAL
DESCRIPTION
RATE
INDUSTRIAL
(continued)
25,000
Intel
Corp
5
.300
%
05/15/36
$
24,895
150,000
Intel
Corp
4
.600
03/25/40
134,089
50,000
Intel
Corp
2
.800
08/12/41
35,001
20,000
Intel
Corp
4
.250
12/15/42
16,345
10,000
Intel
Corp
4
.100
05/19/46
7,711
90,000
Intel
Corp
4
.100
05/11/47
68,383
130,000
Intel
Corp
3
.734
12/08/47
93,097
50,000
Intel
Corp
3
.250
11/15/49
32,264
60,000
Intel
Corp
4
.750
03/25/50
49,300
20,000
Intel
Corp
5
.700
02/10/53
18,708
50,000
Intel
Corp
5
.600
02/21/54
46,462
100,000
Intel
Corp
6
.125
05/15/56
99,257
10,000
International
Business
Machines
Corp
3
.300
01/27/27
9,943
100,000
International
Business
Machines
Corp
4
.650
02/10/28
100,611
290,000
International
Business
Machines
Corp
2
.720
02/09/32
259,359
82,000
International
Business
Machines
Corp
5
.600
11/30/39
82,728
10,000
International
Business
Machines
Corp
2
.850
05/15/40
7,270
100,000
International
Business
Machines
Corp
4
.000
06/20/42
80,741
10,000
International
Business
Machines
Corp
4
.700
02/19/46
8,461
25,000
International
Flavors
&
Fragrances
Inc
4
.450
09/26/28
24,981
7,000
International
Flavors
&
Fragrances
Inc
5
.000
09/26/48
6,072
45,000
International
Paper
Co
4
.800
06/15/44
38,505
15,000
International
Paper
Co
4
.400
08/15/47
11,934
52,000
International
Paper
Co
4
.350
08/15/48
40,654
80,000
Intuit
Inc
5
.250
09/15/26
80,263
18,000
Intuit
Inc
1
.350
07/15/27
17,411
20,000
Intuit
Inc
1
.650
07/15/30
17,841
10,000
Intuit
Inc
5
.500
09/15/53
9,034
50,000
IQVIA
Inc
6
.250
02/01/29
51,864
40,000
Jabil
Inc
4
.250
05/15/27
40,001
50,000
Jabil
Inc
4
.750
02/01/33
48,699
60,000
Jacobs
Engineering
Group
Inc
6
.350
08/18/28
62,134
7,000
JetBlue
2019-1
Class
AA
Pass
Through
Trust
2020
A
2
.750
05/15/32
6,356
20,000
JetBlue
2020-1
Class
A
Pass
Through
Trust
4
.000
11/15/32
19,038
280,000
John
Deere
Capital
Corp
1
.300
10/13/26
276,699
110,000
John
Deere
Capital
Corp
4
.900
06/11/27
110,983
40,000
John
Deere
Capital
Corp
3
.350
04/18/29
39,041
110,000
John
Deere
Capital
Corp
4
.700
06/10/30
111,340
60,000
John
Deere
Capital
Corp
4
.375
10/15/30
59,906
10,000
Johnson
Controls
International
plc
4
.625
07/02/44
8,665
20,000
Johnson
Controls
International
plc
/
Tyco
Fire
&
Security
Finance
SCA
1
.750
09/15/30
17,807
30,000
Johnson
Controls
International
plc
/
Tyco
Fire
&
Security
Finance
SCA
2
.000
09/16/31
26,251
50,000
Johnson
Controls
International
plc
/
Tyco
Fire
&
Security
Finance
SCA
4
.900
12/01/32
50,205
50,000
Juniper
Networks
Inc
5
.950
03/15/41
49,341
40,000
Kellanova
2
.100
06/01/30
36,444
20,000
Kellanova
5
.250
03/01/33
20,428
30,000
Kellanova
4
.500
04/01/46
25,545
50,000
Kenvue
Inc
4
.850
05/22/32
50,584
130,000
Kenvue
Inc
4
.900
03/22/33
130,869
10,000
Kenvue
Inc
5
.100
03/22/43
9,506
50,000
Keurig
Dr
Pepper
Inc
5
.100
03/15/27
50,262
60,000
Keurig
Dr
Pepper
Inc
4
.350
05/15/28
59,765
30,000
Keurig
Dr
Pepper
Inc
3
.200
05/01/30
28,228
125,000
Keurig
Dr
Pepper
Inc
4
.500
04/15/52
98,057
50,000
Keysight
Technologies
Inc
3
.000
10/30/29
47,620
20,000
Kimberly-Clark
Corp
3
.950
11/01/28
19,871
108,000
Kimberly-Clark
Corp
6
.625
08/01/37
122,724
20,000
Kinder
Morgan
Energy
Partners
LP
6
.950
01/15/38
22,364
10,000
Kinder
Morgan
Inc
1
.750
11/15/26
9,873
PRINCIPAL
DESCRIPTION
RATE
INDUSTRIAL
(continued)
50,000
Kinder
Morgan
Inc
5
.150
%
06/01/30
$
51,120
412,000
Kinder
Morgan
Inc
5
.300
12/01/34
416,532
60,000
Kinder
Morgan
Inc
5
.050
02/15/46
53,623
50,000
Kinder
Morgan
Inc
5
.950
08/01/54
49,293
20,000
KLA
Corp
4
.650
07/15/32
20,102
110,000
KLA
Corp
4
.950
07/15/52
98,788
40,000
Kraft
Heinz
Foods
Co
3
.000
06/01/26
39,953
30,000
Kraft
Heinz
Foods
Co
3
.875
05/15/27
29,858
60,000
(a)
Kraft
Heinz
Foods
Co
4
.250
03/01/31
58,942
50,000
Kraft
Heinz
Foods
Co
5
.200
03/15/32
50,679
10,000
Kraft
Heinz
Foods
Co
6
.500
02/09/40
10,465
20,000
Kraft
Heinz
Foods
Co
5
.000
06/04/42
17,679
140,000
Kraft
Heinz
Foods
Co
5
.500
06/01/50
125,380
25,000
Kroger
Co/The
5
.000
09/15/34
24,696
130,000
Kroger
Co/The
6
.900
04/15/38
146,676
29,000
Kroger
Co/The
5
.400
07/15/40
28,308
90,000
Kroger
Co/The
4
.450
02/01/47
73,599
10,000
Kyndryl
Holdings
Inc
3
.150
10/15/31
8,486
10,000
Laboratory
Corp
of
America
Holdings
3
.600
09/01/27
9,906
10,000
Laboratory
Corp
of
America
Holdings
2
.950
12/01/29
9,498
100,000
Laboratory
Corp
of
America
Holdings
2
.700
06/01/31
91,321
30,000
Lam
Research
Corp
1
.900
06/15/30
27,206
80,000
Lam
Research
Corp
3
.125
06/15/60
48,720
60,000
Lear
Corp
2
.600
01/15/32
53,021
40,000
Leggett
&
Platt
Inc
4
.400
03/15/29
39,003
10,000
Lennox
International
Inc
1
.700
08/01/27
9,672
30,000
Linde
Inc/CT
1
.100
08/10/30
26,431
40,000
LKQ
Corp
5
.750
06/15/28
40,632
40,000
Lowe's
Cos
Inc
3
.350
04/01/27
39,770
251,000
Lowe's
Cos
Inc
4
.500
04/15/30
251,631
370,000
Lowe's
Cos
Inc
5
.000
04/15/40
348,068
70,000
Lowe's
Cos
Inc
4
.050
05/03/47
54,054
30,000
Lowe's
Cos
Inc
5
.750
07/01/53
28,992
10,000
Lowe's
Cos
Inc
5
.850
04/01/63
9,627
70,000
LYB
International
Finance
III
LLC
6
.150
05/15/35
72,481
170,000
LYB
International
Finance
III
LLC
3
.375
10/01/40
124,956
21,000
LYB
International
Finance
III
LLC
4
.200
05/01/50
15,079
50,000
(b)
Maple
Parent
Holdings
Corp
5
.700
03/26/36
50,062
250,000
Marriott
International
Inc/MD
4
.500
10/15/31
246,910
75,000
Marriott
International
Inc/MD
4
.500
05/01/33
72,694
142,000
Martin
Marietta
Materials
Inc
3
.200
07/15/51
92,352
60,000
Marvell
Technology
Inc
2
.450
04/15/28
57,776
20,000
Marvell
Technology
Inc
2
.950
04/15/31
18,437
20,000
Marvell
Technology
Inc
5
.950
09/15/33
21,128
10,000
Masco
Corp
2
.000
10/01/30
8,897
70,000
Masco
Corp
2
.000
02/15/31
61,863
10,000
Mastercard
Inc
2
.950
11/21/26
9,947
32,000
Mastercard
Inc
2
.950
06/01/29
30,875
44,000
Mastercard
Inc
3
.350
03/26/30
42,550
130,000
Mastercard
Inc
2
.000
11/18/31
115,512
30,000
Mastercard
Inc
4
.875
05/09/34
30,215
40,000
Mastercard
Inc
3
.800
11/21/46
31,098
10,000
Mastercard
Inc
3
.650
06/01/49
7,438
30,000
Mastercard
Inc
3
.850
03/26/50
23,036
20,000
Mastercard
Inc
2
.950
03/15/51
12,928
90,000
McCormick
&
Co
Inc/MD
1
.850
02/15/31
78,886
10,000
McKesson
Corp
1
.300
08/15/26
9,920
50,000
McKesson
Corp
4
.900
07/15/28
50,730
10,000
McKesson
Corp
5
.100
07/15/33
10,197
50,000
Mercedes-Benz
Finance
North
America
LLC
8
.500
01/18/31
57,953
217,000
Merck
&
Co
Inc
1
.900
12/10/28
205,191
160,000
Merck
&
Co
Inc
1
.450
06/24/30
142,560
Portfolio
of
Investments
April
30,
2026
(continued)
NUBD
PRINCIPAL
DESCRIPTION
RATE
INDUSTRIAL
(continued)
70,000
Merck
&
Co
Inc
6
.500
%
12/01/33
$
77,568
10,000
Merck
&
Co
Inc
4
.150
05/18/43
8,418
145,000
Merck
&
Co
Inc
4
.900
05/17/44
132,753
35,000
Merck
&
Co
Inc
2
.450
06/24/50
20,179
230,000
Merck
&
Co
Inc
2
.750
12/10/51
139,162
50,000
Merck
&
Co
Inc
5
.700
09/15/55
49,201
50,000
Merck
&
Co
Inc
5
.550
12/04/55
48,181
70,000
Microchip
Technology
Inc
5
.050
02/15/30
70,710
20,000
Microsoft
Corp
3
.400
09/15/26
19,966
40,000
Microsoft
Corp
3
.300
02/06/27
39,812
10,000
(a)
Microsoft
Corp
3
.500
02/12/35
9,272
211,000
Microsoft
Corp
3
.450
08/08/36
188,945
60,000
Microsoft
Corp
3
.750
02/12/45
48,571
416,000
Microsoft
Corp
2
.921
03/17/52
264,644
100,000
Mondelez
International
Inc
4
.750
02/20/29
101,099
50,000
Mondelez
International
Inc
4
.750
08/28/34
49,016
10,000
Mondelez
International
Inc
2
.625
09/04/50
5,917
20,000
(a)
Moody's
Corp
2
.000
08/19/31
17,649
20,000
Moody's
Corp
5
.250
07/15/44
18,866
110,000
Moody's
Corp
3
.750
02/25/52
80,176
10,000
Mosaic
Co/The
4
.050
11/15/27
9,937
50,000
Mosaic
Co/The
5
.375
11/15/28
50,999
13,000
(a)
Mosaic
Co/The
5
.450
11/15/33
13,165
50,000
Motorola
Solutions
Inc
4
.850
08/15/30
50,409
120,000
Motorola
Solutions
Inc
2
.750
05/24/31
109,421
370,000
MPLX
LP
2
.650
08/15/30
341,658
10,000
MPLX
LP
4
.950
09/01/32
10,002
21,000
MPLX
LP
4
.500
04/15/38
18,956
230,000
MPLX
LP
4
.950
03/14/52
191,698
10,000
Mylan
Inc
5
.400
11/29/43
8,561
20,000
National
Fuel
Gas
Co
5
.500
10/01/26
20,087
26,000
National
Fuel
Gas
Co
2
.950
03/01/31
23,702
30,000
NetApp
Inc
2
.375
06/22/27
29,310
50,000
Nordson
Corp
4
.500
12/15/29
49,954
12,000
Norfolk
Southern
Corp
4
.837
10/01/41
11,110
15,000
Norfolk
Southern
Corp
3
.942
11/01/47
11,603
30,000
Norfolk
Southern
Corp
4
.550
06/01/53
24,840
60,000
NOV
Inc
3
.950
12/01/42
47,206
200,000
Novartis
Capital
Corp
2
.200
08/14/30
183,121
50,000
Novartis
Capital
Corp
4
.900
03/18/36
49,651
300,000
Novartis
Capital
Corp
5
.200
11/05/45
286,317
20,000
Novartis
Capital
Corp
2
.750
08/14/50
12,541
100,000
Nutrien
Ltd
4
.200
04/01/29
99,326
110,000
Nutrien
Ltd
5
.250
03/12/32
112,199
10,000
NVIDIA
Corp
3
.200
09/16/26
9,982
112,000
NVIDIA
Corp
3
.500
04/01/40
93,386
30,000
NVR
Inc
3
.000
05/15/30
28,248
10,000
NXP
BV
/
NXP
Funding
LLC
/
NXP
USA
Inc
3
.150
05/01/27
9,882
132,000
NXP
BV
/
NXP
Funding
LLC
/
NXP
USA
Inc
2
.500
05/11/31
118,657
110,000
NXP
BV
/
NXP
Funding
LLC
/
NXP
USA
Inc
2
.650
02/15/32
97,686
223,000
ONEOK
Inc
4
.550
07/15/28
223,090
39,000
ONEOK
Inc
4
.350
03/15/29
38,755
70,000
ONEOK
Inc
5
.650
09/01/34
71,562
65,000
ONEOK
Inc
4
.500
03/15/50
50,546
170,000
ONEOK
Inc
7
.150
01/15/51
184,922
70,000
ONEOK
Inc
5
.700
11/01/54
63,837
300,000
Oracle
Corp
2
.875
03/25/31
266,620
120,000
Oracle
Corp
4
.900
02/06/33
113,928
100,000
Oracle
Corp
5
.350
05/04/33
97,237
690,000
Oracle
Corp
4
.300
07/08/34
613,748
50,000
Oracle
Corp
4
.700
09/27/34
45,662
110,000
Oracle
Corp
5
.200
09/26/35
102,495
PRINCIPAL
DESCRIPTION
RATE
INDUSTRIAL
(continued)
75,000
Oracle
Corp
5
.700
%
02/04/36
$
72,026
50,000
Oracle
Corp
3
.850
07/15/36
41,195
200,000
Oracle
Corp
3
.800
11/15/37
158,147
80,000
Oracle
Corp
6
.500
04/15/38
80,091
100,000
Oracle
Corp
6
.125
07/08/39
96,521
10,000
Oracle
Corp
4
.500
07/08/44
7,374
128,000
Oracle
Corp
5
.875
09/26/45
110,244
70,000
Oracle
Corp
4
.000
11/15/47
46,079
280,000
Oracle
Corp
6
.900
11/09/52
264,997
20,000
Oracle
Corp
5
.550
02/06/53
15,909
50,000
Oracle
Corp
5
.375
09/27/54
38,487
50,000
Oracle
Corp
6
.000
08/03/55
41,920
100,000
Oracle
Corp
5
.950
09/26/55
83,763
80,000
Orange
SA
5
.375
01/13/42
77,157
100,000
O'Reilly
Automotive
Inc
3
.900
06/01/29
98,620
30,000
O'Reilly
Automotive
Inc
4
.200
04/01/30
29,581
140,000
Otis
Worldwide
Corp
3
.112
02/15/40
107,082
2,000
Owens
Corning
3
.400
08/15/26
1,994
70,000
Owens
Corning
3
.875
06/01/30
67,963
50,000
PACCAR
Financial
Corp
4
.450
08/06/27
50,277
50,000
PACCAR
Financial
Corp
4
.550
03/03/28
50,432
50,000
PACCAR
Financial
Corp
4
.000
08/08/28
49,910
10,000
Parker-Hannifin
Corp
3
.250
03/01/27
9,930
30,000
Parker-Hannifin
Corp
3
.250
06/14/29
29,012
64,000
Parker-Hannifin
Corp
4
.200
11/21/34
61,161
20,000
Parker-Hannifin
Corp
4
.450
11/21/44
17,265
40,000
Parker-Hannifin
Corp
4
.000
06/14/49
31,335
40,000
Patterson-UTI
Energy
Inc
5
.150
11/15/29
40,056
120,000
Paychex
Inc
5
.100
04/15/30
121,279
10,000
PayPal
Holdings
Inc
3
.900
06/01/27
9,964
170,000
PayPal
Holdings
Inc
2
.850
10/01/29
161,164
80,000
PayPal
Holdings
Inc
5
.100
04/01/35
79,255
500,000
Pfizer
Inc
4
.000
12/15/36
460,357
100,000
Phillips
66
3
.900
03/15/28
99,036
40,000
Phillips
66
Co
3
.550
10/01/26
39,898
223,000
Phillips
66
Co
4
.680
02/15/45
189,370
150,000
Plains
All
American
Pipeline
LP
/
PAA
Finance
Corp
5
.700
09/15/34
153,558
50,000
Plains
All
American
Pipeline
LP
/
PAA
Finance
Corp
5
.600
01/15/36
50,085
20,000
Polaris
Inc
5
.600
03/01/31
19,954
20,000
PPG
Industries
Inc
3
.750
03/15/28
19,809
50,000
PPG
Industries
Inc
4
.375
03/15/31
49,370
260,000
Procter
&
Gamble
Co/The
3
.000
03/25/30
249,028
80,000
Procter
&
Gamble
Co/The
1
.200
10/29/30
70,197
10,000
Procter
&
Gamble
Co/The
4
.050
01/26/33
9,867
60,000
Procter
&
Gamble
Co/The
4
.600
05/01/35
59,877
50,000
PulteGroup
Inc
4
.900
03/01/36
48,546
50,000
PVH
Corp
5
.500
06/13/30
50,706
20,000
Qorvo
Inc
4
.375
10/15/29
19,616
10,000
QUALCOMM
Inc
1
.300
05/20/28
9,442
230,000
QUALCOMM
Inc
1
.650
05/20/32
195,261
50,000
QUALCOMM
Inc
4
.250
05/20/32
49,184
60,000
QUALCOMM
Inc
4
.750
05/20/32
60,427
30,000
QUALCOMM
Inc
4
.650
05/20/35
29,620
20,000
QUALCOMM
Inc
4
.800
05/20/45
17,843
30,000
Quanta
Services
Inc
2
.900
10/01/30
27,940
50,000
Quanta
Services
Inc
4
.500
01/15/31
49,650
10,000
Quanta
Services
Inc
2
.350
01/15/32
8,781
70,000
Quanta
Services
Inc
5
.250
08/09/34
70,986
50,000
Quest
Diagnostics
Inc
3
.450
06/01/26
49,967
10,000
Quest
Diagnostics
Inc
2
.950
06/30/30
9,394
60,000
Quest
Diagnostics
Inc
5
.000
12/15/34
59,780
60,000
Ralph
Lauren
Corp
5
.000
06/15/32
60,975
Portfolio
of
Investments
April
30,
2026
(continued)
NUBD
PRINCIPAL
DESCRIPTION
RATE
INDUSTRIAL
(continued)
90,000
Regal
Rexnord
Corp
6
.300
%
02/15/30
$
94,176
50,000
Regeneron
Pharmaceuticals
Inc
1
.750
09/15/30
44,444
30,000
RELX
Capital
Inc
4
.750
03/27/30
30,217
50,000
RELX
Capital
Inc
4
.750
05/20/32
50,046
10,000
Republic
Services
Inc
3
.375
11/15/27
9,887
70,000
Republic
Services
Inc
3
.950
05/15/28
69,621
68,000
Republic
Services
Inc
2
.300
03/01/30
62,843
80,000
Republic
Services
Inc
1
.450
02/15/31
69,536
20,000
Republic
Services
Inc
5
.700
05/15/41
20,639
10,000
Revvity
Inc
3
.300
09/15/29
9,587
80,000
Revvity
Inc
2
.250
09/15/31
70,145
70,000
Rockwell
Automation
Inc
4
.200
03/01/49
56,746
10,000
Rogers
Communications
Inc
2
.900
11/15/26
9,925
50,000
Rogers
Communications
Inc
3
.200
03/15/27
49,492
10,000
Rogers
Communications
Inc
3
.800
03/15/32
9,344
150,000
Rogers
Communications
Inc
5
.450
10/01/43
139,078
20,000
Rogers
Communications
Inc
3
.700
11/15/49
14,520
25,000
Rogers
Communications
Inc
6
.875
07/31/56
25,390
130,000
Roper
Technologies
Inc
3
.800
12/15/26
129,741
40,000
Ross
Stores
Inc
1
.875
04/15/31
35,212
110,000
Royalty
Pharma
PLC
5
.200
09/25/35
108,993
80,000
Royalty
Pharma
PLC
5
.900
09/02/54
78,025
55,000
RPM
International
Inc
2
.950
01/15/32
49,621
50,000
Ryder
System
Inc
5
.375
03/15/29
51,228
50,000
Ryder
System
Inc
4
.950
09/01/29
50,706
20,000
(a)
S&P
Global
Inc
1
.250
08/15/30
17,455
130,000
S&P
Global
Inc
2
.900
03/01/32
118,709
20,000
S&P
Global
Inc
5
.250
09/15/33
20,596
70,000
S&P
Global
Inc
3
.700
03/01/52
51,387
23,000
(a)
S&P
Global
Inc
2
.300
08/15/60
11,163
105,000
Sabine
Pass
Liquefaction
LLC
4
.500
05/15/30
104,882
20,000
Salesforce
Inc
3
.700
04/11/28
19,766
200,000
Salesforce
Inc
4
.900
09/15/31
199,413
100,000
Salesforce
Inc
5
.200
03/15/33
99,821
70,000
Salesforce
Inc
2
.700
07/15/41
47,751
82,000
Salesforce
Inc
2
.900
07/15/51
47,547
50,000
Sanofi
SA
3
.800
11/03/28
49,684
50,000
Schlumberger
Investment
SA
5
.150
05/07/36
49,960
60,000
Sekisui
House
US
Inc
3
.966
08/06/61
39,028
20,000
Sherwin-Williams
Co/The
4
.550
03/01/28
20,062
101,000
Sherwin-Williams
Co/The
2
.950
08/15/29
96,379
82,000
Sherwin-Williams
Co/The
4
.500
06/01/47
68,180
20,000
Skyworks
Solutions
Inc
1
.800
06/01/26
19,912
50,000
Smith
&
Nephew
PLC
2
.032
10/14/30
44,660
10,000
Smith
&
Nephew
PLC
5
.400
03/20/34
10,158
200,000
Smurfit
Westrock
Financing
DAC
5
.185
01/15/36
197,509
60,000
Snap-on
Inc
3
.100
05/01/50
39,807
110,000
Solventum
Corp
5
.600
03/23/34
112,453
70,000
Sonoco
Products
Co
2
.850
02/01/32
62,968
110,000
Stanley
Black
&
Decker
Inc
3
.000
05/15/32
99,313
20,000
Starbucks
Corp
2
.250
03/12/30
18,411
20,000
Starbucks
Corp
2
.550
11/15/30
18,366
110,000
Starbucks
Corp
3
.000
02/14/32
100,688
120,000
Starbucks
Corp
4
.800
02/15/33
120,139
20,000
Starbucks
Corp
4
.450
08/15/49
16,306
50,000
(a)
Starbucks
Corp
3
.500
11/15/50
34,644
100,000
Stryker
Corp
1
.950
06/15/30
90,457
50,000
Stryker
Corp
4
.625
09/11/34
48,907
50,000
Stryker
Corp
5
.200
02/10/35
50,650
230,000
Synopsys
Inc
5
.150
04/01/35
230,025
10,000
Sysco
Corp
3
.300
07/15/26
9,982
70,000
Sysco
Corp
3
.250
07/15/27
68,976
PRINCIPAL
DESCRIPTION
RATE
INDUSTRIAL
(continued)
70,000
Sysco
Corp
2
.400
%
02/15/30
$
64,479
50,000
Sysco
Corp
6
.000
01/17/34
52,675
30,000
Sysco
Corp
6
.600
04/01/50
31,277
20,000
Takeda
Pharmaceutical
Co
Ltd
2
.050
03/31/30
18,207
200,000
Takeda
Pharmaceutical
Co
Ltd
5
.300
07/05/34
202,992
50,000
Takeda
Pharmaceutical
Co
Ltd
3
.025
07/09/40
37,693
10,000
Takeda
Pharmaceutical
Co
Ltd
5
.650
07/05/44
9,807
20,000
Takeda
Pharmaceutical
Co
Ltd
3
.375
07/09/60
12,585
40,000
Takeda
Pharmaceutical
Co
Ltd
5
.800
07/05/64
38,481
30,000
Tapestry
Inc
4
.125
07/15/27
29,840
40,000
Tapestry
Inc
3
.050
03/15/32
36,076
50,000
Targa
Resources
Corp
4
.350
01/15/29
49,760
75,000
Targa
Resources
Corp
6
.150
03/01/29
78,115
110,000
Targa
Resources
Corp
6
.500
03/30/34
119,270
10,000
Targa
Resources
Corp
4
.950
04/15/52
8,413
80,000
Targa
Resources
Corp
6
.125
05/15/55
78,602
80,000
Targa
Resources
Partners
LP
/
Targa
Resources
Partners
Finance
Corp
5
.000
01/15/28
79,876
1,000
Target
Corp
3
.375
04/15/29
978
130,000
Target
Corp
2
.350
02/15/30
121,136
60,000
Target
Corp
4
.500
09/15/34
58,436
72,000
Target
Corp
6
.500
10/15/37
79,884
19,000
Target
Corp
3
.900
11/15/47
14,668
45,000
(a)
Target
Corp
2
.950
01/15/52
28,365
30,000
TC
PipeLines
LP
3
.900
05/25/27
29,798
50,000
TD
SYNNEX
Corp
6
.100
04/12/34
52,092
40,000
Teledyne
Technologies
Inc
2
.250
04/01/28
38,424
50,000
TELUS
Corp
3
.700
09/15/27
49,448
12,000
TELUS
Corp
4
.600
11/16/48
9,956
10,000
Texas
Eastern
Transmission
LP
7
.000
07/15/32
11,122
70,000
Texas
Instruments
Inc
1
.750
05/04/30
63,359
160,000
Texas
Instruments
Inc
1
.900
09/15/31
141,110
80,000
Texas
Instruments
Inc
3
.875
03/15/39
70,296
40,000
Texas
Instruments
Inc
4
.150
05/15/48
32,798
300,000
Thermo
Fisher
Scientific
Inc
4
.902
02/12/36
296,983
30,000
Timken
Co/The
4
.125
04/01/32
28,497
90,000
TJX
Cos
Inc/The
3
.875
04/15/30
88,760
50,000
Toll
Brothers
Finance
Corp
3
.800
11/01/29
48,720
100,000
Toyota
Motor
Corp
4
.186
06/30/27
100,197
50,000
Toyota
Motor
Corp
4
.450
06/30/30
50,066
160,000
Toyota
Motor
Credit
Corp
4
.500
05/14/27
160,717
390,000
Toyota
Motor
Credit
Corp
4
.800
05/15/30
395,052
20,000
Toyota
Motor
Credit
Corp
2
.400
01/13/32
17,810
75,000
Toyota
Motor
Credit
Corp
4
.600
03/11/33
73,957
50,000
TR
Finance
LLC
3
.350
05/15/26
49,976
20,000
Trane
Technologies
Financing
Ltd
3
.800
03/21/29
19,742
50,000
Trane
Technologies
Financing
Ltd
5
.100
06/13/34
50,678
50,000
TransCanada
PipeLines
Ltd
4
.100
04/15/30
49,031
100,000
TransCanada
PipeLines
Ltd
4
.625
03/01/34
96,847
100,000
TransCanada
PipeLines
Ltd
6
.200
10/15/37
106,092
140,000
Transcontinental
Gas
Pipe
Line
Co
LLC
3
.250
05/15/30
133,464
50,000
Transcontinental
Gas
Pipe
Line
Co
LLC
5
.100
03/15/36
49,611
30,000
Transcontinental
Gas
Pipe
Line
Co
LLC
3
.950
05/15/50
22,489
40,000
Triton
Container
International
Ltd
/
TAL
International
Container
Corp
3
.250
03/15/32
35,770
50,000
Triton
Container
International
Ltd
/
TAL
International
Container
Corp
5
.150
02/15/33
49,077
160,000
TSMC
Arizona
Corp
4
.250
04/22/32
158,778
30,000
Tyco
Electronics
Group
SA
4
.625
02/01/30
30,290
50,000
Tyco
Electronics
Group
SA
4
.500
02/09/31
49,786
30,000
Tyco
Electronics
Group
SA
2
.500
02/04/32
26,727
50,000
Uber
Technologies
Inc
4
.800
09/15/35
48,698
Portfolio
of
Investments
April
30,
2026
(continued)
NUBD
PRINCIPAL
DESCRIPTION
RATE
INDUSTRIAL
(continued)
21,000
Unilever
Capital
Corp
2
.000
%
07/28/26
$
20,904
40,000
Unilever
Capital
Corp
2
.900
05/05/27
39,590
20,000
Unilever
Capital
Corp
2
.125
09/06/29
18,742
160,000
Unilever
Capital
Corp
1
.750
08/12/31
140,501
10,000
Unilever
Capital
Corp
5
.000
12/08/33
10,226
10,000
Union
Pacific
Corp
2
.150
02/05/27
9,859
50,000
Union
Pacific
Corp
4
.500
01/20/33
49,989
20,000
Union
Pacific
Corp
3
.375
02/01/35
17,855
20,000
Union
Pacific
Corp
3
.600
09/15/37
17,565
508,000
Union
Pacific
Corp
3
.550
08/15/39
429,082
50,000
Union
Pacific
Corp
5
.600
12/01/54
48,927
30,000
Union
Pacific
Corp
3
.875
02/01/55
22,118
10,000
Union
Pacific
Corp
3
.950
08/15/59
7,283
41,000
United
Airlines
2016-2
Class
AA
Pass
Through
Trust
2020
A
2
.875
10/07/28
39,143
17,000
United
Airlines
2024-1
Class
A
Pass
Through
Trust
5
.875
02/15/37
16,981
20,000
Valero
Energy
Corp
2
.150
09/15/27
19,408
130,000
Valero
Energy
Corp
2
.800
12/01/31
117,416
50,000
Valero
Energy
Corp
6
.625
06/15/37
54,851
40,000
Valmont
Industries
Inc
5
.250
10/01/54
36,152
30,000
VeriSign
Inc
4
.750
07/15/27
29,999
110,000
Verisk
Analytics
Inc
4
.125
03/15/29
109,028
50,000
Verisk
Analytics
Inc
4
.450
03/15/31
49,312
655,000
Verizon
Communications
Inc
2
.355
03/15/32
572,689
50,000
Verizon
Communications
Inc
4
.750
01/15/33
49,342
100,000
Verizon
Communications
Inc
5
.050
05/09/33
101,274
160,000
Verizon
Communications
Inc
4
.780
02/15/35
155,252
20,000
Verizon
Communications
Inc
4
.272
01/15/36
18,449
98,000
Verizon
Communications
Inc
5
.401
07/02/37
97,714
10,000
Verizon
Communications
Inc
4
.812
03/15/39
9,311
122,000
Verizon
Communications
Inc
2
.850
09/03/41
85,718
50,000
Verizon
Communications
Inc
3
.850
11/01/42
39,611
50,000
Verizon
Communications
Inc
5
.750
11/30/45
48,561
50,000
Verizon
Communications
Inc
5
.500
03/16/47
47,134
80,000
Verizon
Communications
Inc
4
.000
03/22/50
60,131
380,000
Verizon
Communications
Inc
3
.875
03/01/52
277,276
50,000
Verizon
Communications
Inc
5
.875
11/30/55
48,321
30,000
Verizon
Communications
Inc
2
.987
10/30/56
17,481
30,000
Verizon
Communications
Inc
3
.700
03/22/61
19,865
45,000
Verizon
Communications
Inc
6
.000
11/30/65
43,399
100,000
Viatris
Inc
2
.700
06/22/30
91,127
100,000
Viatris
Inc
3
.850
06/22/40
76,810
50,000
Visa
Inc
2
.050
04/15/30
46,043
20,000
Visa
Inc
1
.100
02/15/31
17,319
171,000
Visa
Inc
4
.150
12/14/35
163,986
125,000
Visa
Inc
2
.700
04/15/40
94,751
30,000
Visa
Inc
2
.000
08/15/50
15,986
120,000
VMware
LLC
1
.400
08/15/26
119,078
20,000
VMware
LLC
4
.700
05/15/30
20,114
20,000
VMware
LLC
2
.200
08/15/31
17,702
20,000
Vodafone
Group
PLC
6
.250
11/30/32
21,450
95,000
Vodafone
Group
PLC
6
.150
02/27/37
102,196
10,000
Vodafone
Group
PLC
5
.000
05/30/38
9,821
50,000
Vodafone
Group
PLC
5
.750
06/28/54
47,461
10,000
Vodafone
Group
PLC
5
.750
02/10/63
9,294
75,000
Vodafone
Group
PLC
5
.875
06/28/64
71,417
50,000
Vulcan
Materials
Co
3
.900
04/01/27
49,875
50,000
Vulcan
Materials
Co
5
.700
12/01/54
48,759
20,000
Walt
Disney
Co/The
2
.200
01/13/28
19,413
96,000
Walt
Disney
Co/The
6
.200
12/15/34
105,577
200,000
Walt
Disney
Co/The
3
.500
05/13/40
164,138
200,000
Walt
Disney
Co/The
3
.600
01/13/51
144,842
110,000
Waste
Connections
Inc
2
.200
01/15/32
96,682
PRINCIPAL
DESCRIPTION
RATE
INDUSTRIAL
(continued)
20,000
Waste
Connections
Inc
4
.200
%
01/15/33
$
19,293
140,000
Western
Midstream
Operating
LP
6
.150
04/01/33
146,852
50,000
Western
Midstream
Operating
LP
5
.500
12/15/35
49,428
30,000
(a)
Western
Union
Co/The
6
.200
11/17/36
31,078
60,000
Westinghouse
Air
Brake
Technologies
Corp
4
.900
05/29/30
60,714
40,000
Weyerhaeuser
Co
4
.000
04/15/30
38,986
30,000
Weyerhaeuser
Co
7
.375
03/15/32
33,538
40,000
Weyerhaeuser
Co
3
.375
03/09/33
36,050
200,000
Williams
Cos
Inc/The
2
.600
03/15/31
181,573
50,000
Williams
Cos
Inc/The
5
.150
03/15/34
50,052
60,000
Williams
Cos
Inc/The
5
.300
09/30/35
60,067
60,000
Williams
Cos
Inc/The
5
.800
11/15/54
57,941
30,000
Williams
Cos
Inc/The
6
.000
03/15/55
29,770
50,000
Williams
Cos
Inc/The
5
.950
03/15/56
49,082
70,000
Workday
Inc
3
.700
04/01/29
68,240
10,000
WRKCo
Inc
3
.000
06/15/33
8,792
50,000
WW
Grainger
Inc
4
.450
09/15/34
48,997
10,000
WW
Grainger
Inc
4
.600
06/15/45
8,841
60,000
Xilinx
Inc
2
.375
06/01/30
55,431
31,000
Xylem
Inc/NY
2
.250
01/30/31
28,027
60,000
Zimmer
Biomet
Holdings
Inc
2
.600
11/24/31
53,636
86,000
Zoetis
Inc
3
.900
08/20/28
85,071
9,000
Zoetis
Inc
2
.000
05/15/30
8,179
20,000
Zoetis
Inc
5
.600
11/16/32
20,916
50,000
Zoetis
Inc
5
.000
08/17/35
49,788
TOTAL
INDUSTRIAL
62,315,860
UTILITY
-
2.4%
$
100,000
AEP
Texas
Inc
5
.200
04/15/36
98,316
62,000
AEP
Texas
Inc
4
.150
05/01/49
46,863
30,000
AEP
Texas
Inc
3
.450
01/15/50
20,084
60,000
AES
Corp/The
5
.800
03/15/32
61,025
50,000
Ameren
Illinois
Co
4
.950
06/01/33
50,261
50,000
Ameren
Illinois
Co
5
.625
03/01/55
48,560
50,000
American
Electric
Power
Co
Inc
5
.750
11/01/27
50,880
80,000
American
Electric
Power
Co
Inc
5
.200
01/15/29
81,484
90,000
American
Electric
Power
Co
Inc
5
.950
11/01/32
94,944
50,000
American
Electric
Power
Co
Inc
5
.800
03/15/56
49,719
110,000
American
Water
Capital
Corp
2
.300
06/01/31
98,770
50,000
American
Water
Capital
Corp
5
.250
03/01/35
50,735
100,000
American
Water
Capital
Corp
5
.200
04/01/36
100,112
20,000
American
Water
Capital
Corp
3
.750
09/01/47
15,016
20,000
American
Water
Capital
Corp
4
.200
09/01/48
15,959
50,000
American
Water
Capital
Corp
5
.450
03/01/54
47,269
25,000
American
Water
Capital
Corp
5
.700
09/01/55
24,451
250,000
Appalachian
Power
Co
4
.400
05/15/44
204,963
10,000
Appalachian
Power
Co
3
.700
05/01/50
7,066
20,000
Atlantic
City
Electric
Co
2
.300
03/15/31
18,011
90,000
Atmos
Energy
Corp
5
.900
11/15/33
96,018
30,000
Atmos
Energy
Corp
4
.125
10/15/44
24,908
110,000
Atmos
Energy
Corp
2
.850
02/15/52
67,542
10,000
Avista
Corp
4
.350
06/01/48
8,032
30,000
Avista
Corp
4
.000
04/01/52
22,162
100,000
Black
Hills
Corp
5
.950
03/15/28
102,442
10,000
CenterPoint
Energy
Houston
Electric
LLC
5
.200
10/01/28
10,192
100,000
CenterPoint
Energy
Houston
Electric
LLC
3
.000
03/01/32
91,450
140,000
CenterPoint
Energy
Houston
Electric
LLC
5
.150
03/01/34
141,292
10,000
CenterPoint
Energy
Houston
Electric
LLC
3
.550
08/01/42
7,809
110,000
CenterPoint
Energy
Inc
1
.450
06/01/26
109,735
10,000
CenterPoint
Energy
Inc
7
.000
02/15/55
10,316
12,000
CenterPoint
Energy
Resources
Corp
4
.400
07/01/32
11,764
120,000
Cleveland
Electric
Illuminating
Co/The
5
.950
12/15/36
124,073
191,000
Commonwealth
Edison
Co
6
.450
01/15/38
209,355
Portfolio
of
Investments
April
30,
2026
(continued)
NUBD
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
UTILITY
(continued)
$
10,000
Commonwealth
Edison
Co
4
.000
%
03/01/48
$
7,774
110,000
Commonwealth
Edison
Co
2
.750
09/01/51
65,797
35,000
Commonwealth
Edison
Co
5
.950
06/01/55
35,389
130,000
Connecticut
Light
and
Power
Co/The
2
.050
07/01/31
114,909
10,000
Connecticut
Light
and
Power
Co/The
4
.000
04/01/48
7,819
97,000
Consolidated
Edison
Co
of
New
York
Inc
2
.400
06/15/31
87,665
10,000
Consolidated
Edison
Co
of
New
York
Inc
5
.200
03/01/33
10,250
30,000
Consolidated
Edison
Co
of
New
York
Inc
5
.375
05/15/34
30,828
124,000
Consolidated
Edison
Co
of
New
York
Inc
5
.500
12/01/39
124,668
7,000
Consolidated
Edison
Co
of
New
York
Inc
3
.850
06/15/46
5,378
172,000
Consolidated
Edison
Co
of
New
York
Inc
4
.650
12/01/48
145,916
30,000
Consolidated
Edison
Co
of
New
York
Inc
3
.950
04/01/50
23,170
10,000
Consolidated
Edison
Co
of
New
York
Inc
5
.900
11/15/53
10,008
70,000
Consolidated
Edison
Co
of
New
York
Inc
4
.300
12/01/56
54,293
20,000
Consolidated
Edison
Co
of
New
York
Inc
4
.500
05/15/58
15,925
10,000
Consolidated
Edison
Co
of
New
York
Inc
3
.700
11/15/59
6,845
41,000
Consolidated
Edison
Co
of
New
York
Inc
3
.000
12/01/60
23,925
110,000
Consumers
Energy
Co
3
.800
11/15/28
108,549
100,000
Consumers
Energy
Co
4
.900
02/15/29
101,400
50,000
Consumers
Energy
Co
5
.125
05/01/36
50,020
110,000
Consumers
Energy
Co
3
.500
08/01/51
77,985
10,000
DTE
Energy
Co
5
.850
06/01/34
10,481
10,000
Duke
Energy
Florida
LLC
3
.200
01/15/27
9,941
142,000
Duke
Energy
Florida
LLC
2
.400
12/15/31
126,693
10,000
Duke
Energy
Florida
LLC
5
.875
11/15/33
10,607
67,000
Duke
Energy
Florida
LLC
6
.350
09/15/37
72,757
25,000
Duke
Energy
Florida
LLC
5
.650
04/01/40
25,399
110,000
Duke
Energy
Florida
LLC
5
.950
11/15/52
111,024
50,000
Duke
Energy
Indiana
LLC
4
.950
03/15/36
49,133
10,000
Duke
Energy
Ohio
Inc
3
.650
02/01/29
9,826
20,000
Edison
International
5
.750
06/15/27
20,141
10,000
Edison
International
4
.125
03/15/28
9,842
50,000
Edison
International
5
.450
06/15/29
50,337
27,000
Emera
US
Finance
LP
4
.750
06/15/46
22,403
50,000
Entergy
Louisiana
LLC
4
.900
04/15/36
48,757
131,000
Entergy
Texas
Inc
5
.250
04/15/35
132,182
10,000
Entergy
Texas
Inc
3
.550
09/30/49
7,021
95,000
Essential
Utilities
Inc
2
.400
05/01/31
85,383
20,000
Essential
Utilities
Inc
5
.375
01/15/34
20,313
50,000
Essential
Utilities
Inc
5
.250
08/15/35
50,076
20,000
Essential
Utilities
Inc
3
.351
04/15/50
13,342
52,000
Eversource
Energy
1
.650
08/15/30
45,818
50,000
Eversource
Energy
5
.850
04/15/31
52,148
21,000
Eversource
Energy
5
.125
05/15/33
21,028
40,000
Eversource
Energy
5
.500
01/01/34
40,727
50,000
Eversource
Energy
6
.350
08/15/56
49,978
120,000
Exelon
Corp
2
.750
03/15/27
118,579
10,000
Exelon
Corp
4
.050
04/15/30
9,796
50,000
Exelon
Corp
4
.950
03/15/36
48,476
20,000
Exelon
Corp
5
.100
06/15/45
18,080
90,000
Exelon
Corp
4
.450
04/15/46
73,926
40,000
Exelon
Corp
4
.700
04/15/50
33,260
20,000
Exelon
Corp
5
.600
03/15/53
18,866
10,000
FirstEnergy
Corp
4
.850
07/15/47
8,595
50,000
FirstEnergy
Transmission
LLC
4
.750
01/15/33
49,478
40,000
FirstEnergy
Transmission
LLC
5
.000
01/15/35
39,468
50,000
Idaho
Power
Co
5
.800
04/01/54
49,456
48,000
Interstate
Power
and
Light
Co
3
.600
04/01/29
46,962
50,000
Interstate
Power
and
Light
Co
5
.600
10/01/55
47,427
10,000
IPALCO
Enterprises
Inc
5
.750
04/01/34
9,902
25,000
Kentucky
Utilities
Co
5
.125
11/01/40
24,034
50,000
Louisville
Gas
and
Electric
Co
5
.850
08/15/55
49,657
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
UTILITY
(continued)
$
170,000
MidAmerican
Energy
Co
5
.750
%
11/01/35
$
178,171
5,000
MidAmerican
Energy
Co
5
.800
10/15/36
5,269
40,000
MidAmerican
Energy
Co
3
.150
04/15/50
26,594
10,000
National
Grid
PLC
5
.809
06/12/33
10,435
70,000
National
Grid
PLC
5
.418
01/11/34
71,382
10,000
National
Rural
Utilities
Cooperative
Finance
Corp
5
.600
11/13/26
10,073
100,000
National
Rural
Utilities
Cooperative
Finance
Corp
4
.750
02/07/28
100,724
40,000
National
Rural
Utilities
Cooperative
Finance
Corp
5
.000
02/07/31
40,816
100,000
National
Rural
Utilities
Cooperative
Finance
Corp
2
.750
04/15/32
90,194
100,000
National
Rural
Utilities
Cooperative
Finance
Corp
5
.000
08/15/34
100,573
10,000
NiSource
Inc
3
.490
05/15/27
9,918
10,000
NiSource
Inc
5
.250
03/30/28
10,150
46,000
NiSource
Inc
2
.950
09/01/29
43,772
131,000
NiSource
Inc
3
.600
05/01/30
126,463
40,000
NiSource
Inc
1
.700
02/15/31
34,859
50,000
NiSource
Inc
5
.350
04/01/34
51,071
40,000
NiSource
Inc
4
.800
02/15/44
35,014
50,000
NiSource
Inc
4
.375
05/15/47
40,690
50,000
Northern
States
Power
Co/MN
4
.850
05/15/36
49,202
50,000
NSTAR
Electric
Co
3
.200
05/15/27
49,524
110,000
NSTAR
Electric
Co
3
.950
04/01/30
107,923
62,000
NSTAR
Electric
Co
5
.500
03/15/40
61,306
50,000
OGE
Energy
Corp
5
.450
05/15/29
51,165
20,000
Oncor
Electric
Delivery
Co
LLC
2
.750
05/15/30
18,753
60,000
Oncor
Electric
Delivery
Co
LLC
7
.000
05/01/32
66,771
45,000
Oncor
Electric
Delivery
Co
LLC
7
.250
01/15/33
51,049
87,000
Oncor
Electric
Delivery
Co
LLC
7
.500
09/01/38
102,600
100,000
Oncor
Electric
Delivery
Co
LLC
4
.950
09/15/52
87,564
60,000
ONE
Gas
Inc
5
.100
04/01/29
61,172
30,000
ONE
Gas
Inc
4
.250
09/01/32
29,206
20,000
ONE
Gas
Inc
4
.500
11/01/48
16,989
50,000
PacifiCorp
5
.800
04/15/36
51,322
190,000
PECO
Energy
Co
4
.600
05/15/52
158,721
20,000
Piedmont
Natural
Gas
Co
Inc
4
.650
08/01/43
17,259
76,000
Potomac
Electric
Power
Co
6
.500
11/15/37
83,533
50,000
PPL
Capital
Funding
Inc
5
.250
09/01/34
50,483
20,000
PPL
Electric
Utilities
Corp
4
.850
02/15/34
19,980
110,000
PPL
Electric
Utilities
Corp
4
.150
10/01/45
89,778
60,000
PPL
Electric
Utilities
Corp
5
.250
05/15/53
55,605
50,000
Public
Service
Co
of
Colorado
5
.350
05/15/34
50,844
100,000
Public
Service
Co
of
Colorado
5
.050
06/15/36
98,090
18,000
Public
Service
Co
of
Colorado
6
.500
08/01/38
19,795
100,000
Public
Service
Co
of
Colorado
4
.100
06/15/48
77,857
50,000
Public
Service
Co
of
New
Hampshire
2
.200
06/15/31
44,422
10,000
Public
Service
Co
of
New
Hampshire
5
.350
10/01/33
10,285
20,000
Public
Service
Co
of
Oklahoma
2
.200
08/15/31
17,586
10,000
Public
Service
Electric
and
Gas
Co
2
.250
09/15/26
9,930
10,000
Public
Service
Electric
and
Gas
Co
2
.450
01/15/30
9,327
70,000
Public
Service
Electric
and
Gas
Co
1
.900
08/15/31
61,389
140,000
Public
Service
Electric
and
Gas
Co
5
.800
05/01/37
148,523
20,000
Public
Service
Electric
and
Gas
Co
2
.050
08/01/50
10,536
90,000
Public
Service
Electric
and
Gas
Co
5
.450
03/01/54
85,583
50,000
Public
Service
Electric
and
Gas
Co
5
.625
01/01/56
49,065
10,000
Puget
Sound
Energy
Inc
5
.330
06/15/34
10,176
10,000
Puget
Sound
Energy
Inc
5
.757
10/01/39
10,165
30,000
Puget
Sound
Energy
Inc
5
.638
04/15/41
29,804
50,000
Puget
Sound
Energy
Inc
5
.598
09/15/55
48,202
100,000
San
Diego
Gas
&
Electric
Co
5
.400
04/15/35
101,684
43,000
San
Diego
Gas
&
Electric
Co
4
.150
05/15/48
33,534
10,000
San
Diego
Gas
&
Electric
Co
4
.100
06/15/49
7,695
30,000
San
Diego
Gas
&
Electric
Co
5
.350
04/01/53
27,658
30,000
Sempra
5
.500
08/01/33
30,908
Portfolio
of
Investments
April
30,
2026
(continued)
NUBD
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
UTILITY
(continued)
$
100,000
Sempra
5
.250
%
03/15/36
$
98,786
134,000
Sempra
6
.000
10/15/39
136,942
110,000
Sempra
4
.000
02/01/48
81,960
180,000
Southern
California
Edison
Co
4
.700
06/01/27
180,493
50,000
Southern
California
Edison
Co
5
.250
03/15/30
50,797
10,000
Southern
California
Edison
Co
5
.950
11/01/32
10,450
50,000
Southern
California
Edison
Co
4
.800
03/15/33
48,940
50,000
Southern
California
Edison
Co
5
.200
06/01/34
49,506
30,000
Southern
California
Edison
Co
5
.350
07/15/35
29,630
60,000
Southern
California
Edison
Co
4
.500
09/01/40
51,641
50,000
Southern
California
Edison
Co
3
.600
02/01/45
35,317
10,000
Southern
California
Edison
Co
4
.125
03/01/48
7,466
90,000
Southern
California
Edison
Co
4
.875
03/01/49
74,703
10,000
Southern
California
Edison
Co
3
.650
02/01/50
6,840
210,000
Southern
California
Edison
Co
5
.450
06/01/52
185,515
10,000
Southern
California
Gas
Co
2
.600
06/15/26
9,989
40,000
Southern
California
Gas
Co
2
.550
02/01/30
37,492
60,000
Southern
California
Gas
Co
5
.450
06/15/35
61,448
50,000
Southern
Power
Co
4
.250
10/01/30
49,407
50,000
Southern
Power
Co
4
.900
10/01/35
48,419
20,000
Southwest
Gas
Corp
5
.800
12/01/27
20,400
10,000
Southwest
Gas
Corp
3
.700
04/01/28
9,856
40,000
Southwest
Gas
Corp
2
.200
06/15/30
36,373
20,000
Southwest
Gas
Corp
3
.800
09/29/46
15,027
150,000
Southwestern
Electric
Power
Co
3
.250
11/01/51
96,265
50,000
Southwestern
Public
Service
Co
5
.300
05/15/35
50,178
126,000
Southwestern
Public
Service
Co
4
.500
08/15/41
110,505
23,000
Southwestern
Public
Service
Co
4
.400
11/15/48
18,547
10,000
Southwestern
Public
Service
Co
3
.150
05/01/50
6,440
30,000
Spire
Missouri
Inc
4
.800
02/15/33
29,974
10,000
Spire
Missouri
Inc
5
.150
08/15/34
10,069
50,000
Tampa
Electric
Co
5
.000
07/15/52
44,557
50,000
Tucson
Electric
Power
Co
3
.250
05/15/32
45,830
40,000
Tucson
Electric
Power
Co
4
.000
06/15/50
30,155
50,000
Union
Electric
Co
4
.800
03/15/36
48,746
30,000
Washington
Gas
Light
Co
3
.796
09/15/46
22,520
42,000
WEC
Energy
Group
Inc
5
.600
09/12/26
42,166
100,000
WEC
Energy
Group
Inc
2
.200
12/15/28
94,478
50,000
Wisconsin
Electric
Power
Co
5
.650
03/15/56
48,878
20,000
Wisconsin
Power
and
Light
Co
1
.950
09/16/31
17,440
50,000
Wisconsin
Power
and
Light
Co
4
.950
04/01/33
50,148
50,000
Wisconsin
Power
and
Light
Co
5
.700
12/15/55
48,462
88,000
Wisconsin
Public
Service
Corp
3
.671
12/01/42
68,593
40,000
Xcel
Energy
Inc
5
.500
03/15/34
40,788
TOTAL
UTILITY
10,592,677
TOTAL
CORPORATE
DEBT
(Cost
$112,951,771)
108,147,163
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
GOVERNMENT
RELATED
-
4.2%
GOVERNMENT
AGENCY
-
1.1%
120,000
Equinor
ASA
3
.000
04/06/27
118,999
10,000
Equinor
ASA
3
.625
09/10/28
9,898
227,000
Equinor
ASA
3
.125
04/06/30
217,013
10,000
Equinor
ASA
3
.625
04/06/40
8,337
30,000
Equinor
ASA
5
.100
08/17/40
29,471
20,000
Equinor
ASA
4
.250
11/23/41
17,353
62,000
Equinor
ASA
3
.950
05/15/43
50,969
30,000
Equinor
ASA
3
.250
11/18/49
20,760
30,000
Equinor
ASA
3
.700
04/06/50
22,475
180,000
Export
Development
Canada
4
.375
06/29/26
180,124
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
GOVERNMENT
AGENCY
(continued)
$
70,000
Export
Development
Canada
3
.875
%
02/14/28
$
69,912
175,000
Export
Development
Canada
4
.125
02/13/29
175,825
40,000
Export
Development
Canada
4
.000
06/20/30
39,960
30,000
Export
Development
Canada
4
.750
06/05/34
30,830
450,000
Export-Import
Bank
of
Korea
3
.750
09/22/30
442,195
310,000
Federal
National
Mortgage
Association
1
.875
09/24/26
307,699
10,000
Federal
National
Mortgage
Association
7
.250
05/15/30
11,221
429,000
Federal
National
Mortgage
Association
5
.625
07/15/37
465,738
50,000
Industrial
&
Commercial
Bank
of
China
Ltd/New
York
NY
3
.538
11/08/27
49,484
10,000
Israel
Government
AID
Bond
5
.500
09/18/33
10,698
100,000
Japan
International
Cooperation
Agency
2
.750
04/27/27
98,808
100,000
Japan
International
Cooperation
Agency
4
.000
05/23/28
99,802
120,000
Kreditanstalt
fuer
Wiederaufbau
4
.625
08/07/26
120,245
242,000
Kreditanstalt
fuer
Wiederaufbau
3
.000
05/20/27
239,835
135,000
Kreditanstalt
fuer
Wiederaufbau
4
.000
06/28/27
135,192
270,000
Kreditanstalt
fuer
Wiederaufbau
3
.875
05/15/28
269,869
50,000
Kreditanstalt
fuer
Wiederaufbau
3
.500
08/09/28
49,566
100,000
Kreditanstalt
fuer
Wiederaufbau
3
.500
05/15/29
98,796
25,000
Kreditanstalt
fuer
Wiederaufbau
1
.750
09/14/29
23,295
135,000
Kreditanstalt
fuer
Wiederaufbau
4
.625
03/18/30
138,152
200,000
Kreditanstalt
fuer
Wiederaufbau
3
.750
07/15/30
198,241
100,000
Kreditanstalt
fuer
Wiederaufbau
4
.750
10/29/30
103,056
160,000
Kreditanstalt
fuer
Wiederaufbau
4
.125
07/15/33
158,855
195,000
Kreditanstalt
fuer
Wiederaufbau
4
.375
02/28/34
196,074
110,000
Landwirtschaftliche
Rentenbank
3
.875
09/28/27
109,923
121,000
Landwirtschaftliche
Rentenbank
4
.625
04/17/29
123,295
100,000
Landwirtschaftliche
Rentenbank
5
.000
10/24/33
104,531
60,000
Oesterreichische
Kontrollbank
AG
4
.750
05/21/27
60,496
45,000
Oesterreichische
Kontrollbank
AG
4
.000
05/28/28
45,037
90,000
(a)
Oesterreichische
Kontrollbank
AG
4
.125
01/18/29
90,362
70,000
Oesterreichische
Kontrollbank
AG
3
.750
09/05/29
69,425
100,000
Oesterreichische
Kontrollbank
AG
4
.500
01/24/30
101,632
200,000
Svensk
Exportkredit
AB
3
.625
03/12/29
198,010
100,000
Svensk
Exportkredit
AB
3
.750
07/29/30
98,706
TOTAL
GOVERNMENT
AGENCY
5,210,164
MUNICIPAL
BONDS
-
0.7%
260,000
Province
of
Alberta
Canada
3
.300
03/15/28
256,857
50,000
Province
of
Alberta
Canada
4
.500
06/26/29
50,684
40,000
Province
of
Alberta
Canada
1
.300
07/22/30
35,661
50,000
Province
of
Alberta
Canada
4
.500
01/24/34
50,017
50,000
Province
of
Alberta
Canada
4
.300
11/02/35
48,772
150,000
Province
of
British
Columbia
Canada
2
.250
06/02/26
149,762
110,000
Province
of
British
Columbia
Canada
0
.900
07/20/26
109,294
100,000
Province
of
British
Columbia
Canada
4
.700
01/24/28
101,182
100,000
(a)
Province
of
British
Columbia
Canada
3
.900
08/27/30
98,985
17,000
Province
of
British
Columbia
Canada
1
.300
01/29/31
14,907
50,000
Province
of
British
Columbia
Canada
4
.050
04/23/31
49,555
85,000
Province
of
British
Columbia
Canada
4
.200
07/06/33
83,560
100,000
Province
of
British
Columbia
Canada
4
.750
06/12/34
101,198
110,000
Province
of
British
Columbia
Canada
4
.800
06/11/35
111,265
100,000
Province
of
Manitoba
Canada
4
.300
07/27/33
98,605
70,000
Province
of
New
Brunswick
Canada
3
.625
02/24/28
69,478
260,000
Province
of
Ontario
Canada
3
.100
05/19/27
258,010
23,000
Province
of
Ontario
Canada
1
.050
05/21/27
22,318
150,000
Province
of
Ontario
Canada
4
.200
01/18/29
150,686
100,000
Province
of
Ontario
Canada
3
.700
09/17/29
98,854
100,000
Province
of
Ontario
Canada
4
.700
01/15/30
102,063
40,000
Province
of
Ontario
Canada
4
.050
04/16/31
39,809
150,000
(a)
Province
of
Ontario
Canada
1
.800
10/14/31
132,162
100,000
Province
of
Ontario
Canada
2
.125
01/21/32
89,098
200,000
Province
of
Ontario
Canada
4
.450
11/20/35
197,130
70,000
Province
of
Quebec
Canada
2
.750
04/12/27
69,252
Portfolio
of
Investments
April
30,
2026
(continued)
NUBD
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
MUNICIPAL
BONDS
(continued)
$
140,000
Province
of
Quebec
Canada
4
.500
%
04/03/29
$
141,755
150,000
Province
of
Quebec
Canada
3
.875
01/14/31
148,117
100,000
Province
of
Quebec
Canada
4
.500
09/08/33
100,062
50,000
Province
of
Quebec
Canada
4
.250
09/05/34
48,859
100,000
Province
of
Quebec
Canada
4
.625
08/28/35
99,713
50,000
Province
of
Saskatchewan
Canada
4
.650
01/28/30
50,838
TOTAL
MUNICIPAL
BONDS
3,178,508
SOVEREIGN
DEBT
-
2.4%
110,000
African
Development
Bank
0
.875
07/22/26
109,291
100,000
African
Development
Bank
3
.500
09/18/29
98,455
50,000
African
Development
Bank
4
.000
03/18/30
49,974
50,000
African
Development
Bank
4
.125
01/22/36
48,796
250,000
Asian
Development
Bank
1
.500
01/20/27
245,825
25,000
Asian
Development
Bank
4
.375
01/14/28
25,190
120,000
Asian
Development
Bank
4
.500
08/25/28
121,535
100,000
Asian
Development
Bank
4
.375
03/06/29
101,181
100,000
Asian
Development
Bank
1
.875
03/15/29
94,438
130,000
Asian
Development
Bank
3
.625
08/28/29
128,664
75,000
Asian
Development
Bank
1
.500
03/04/31
66,666
110,000
Asian
Development
Bank
3
.125
04/27/32
104,009
110,000
Asian
Development
Bank
4
.125
01/12/34
108,816
50,000
Asian
Development
Bank
4
.250
01/14/36
49,459
210,000
Canada
Government
International
Bond
3
.750
04/26/28
209,548
35,000
Canada
Government
International
Bond
4
.000
03/18/30
35,028
140,000
Chile
Government
International
Bond
3
.240
02/06/28
137,221
180,000
Chile
Government
International
Bond
2
.450
01/31/31
164,160
140,000
Chile
Government
International
Bond
4
.950
01/05/36
139,608
270,000
(a)
Chile
Government
International
Bond
3
.250
09/21/71
167,157
50,000
Council
Of
Europe
Development
Bank
0
.875
09/22/26
49,424
50,000
Council
Of
Europe
Development
Bank
3
.625
05/08/28
49,699
50,000
Council
Of
Europe
Development
Bank
4
.500
01/15/30
50,817
100,000
European
Bank
for
Reconstruction
&
Development
4
.375
03/09/28
100,788
70,000
European
Bank
for
Reconstruction
&
Development
4
.250
03/13/34
69,890
190,000
European
Investment
Bank
0
.750
10/26/26
187,210
100,000
European
Investment
Bank
4
.500
10/16/28
101,342
225,000
European
Investment
Bank
4
.000
02/15/29
225,426
160,000
European
Investment
Bank
3
.750
05/15/29
159,040
100,000
European
Investment
Bank
4
.750
06/15/29
102,369
30,000
European
Investment
Bank
3
.750
11/15/29
29,787
25,000
European
Investment
Bank
4
.500
03/14/30
25,461
250,000
European
Investment
Bank
3
.625
07/15/30
246,367
60,000
European
Investment
Bank
3
.875
10/15/30
59,657
100,000
European
Investment
Bank
3
.750
03/13/31
98,657
100,000
European
Investment
Bank
4
.375
10/10/31
101,426
85,000
European
Investment
Bank
4
.125
02/13/34
84,157
84,000
Hungary
Government
International
Bond
7
.625
03/29/41
98,521
39,000
Indonesia
Government
International
Bond
4
.150
09/20/27
38,974
190,000
Indonesia
Government
International
Bond
4
.550
01/11/28
190,959
70,000
Indonesia
Government
International
Bond
4
.850
01/11/33
69,641
200,000
Indonesia
Government
International
Bond
5
.600
01/15/35
206,255
280,000
Indonesia
Government
International
Bond
5
.650
01/11/53
274,283
100,000
Indonesia
Government
International
Bond
3
.350
03/12/71
61,757
130,000
Inter-American
Development
Bank
1
.500
01/13/27
127,892
90,000
Inter-American
Development
Bank
4
.375
02/01/27
90,290
120,000
Inter-American
Development
Bank
4
.000
01/12/28
120,155
110,000
Inter-American
Development
Bank
1
.125
07/20/28
103,507
50,000
Inter-American
Development
Bank
4
.500
02/15/30
50,892
50,000
Inter-American
Development
Bank
3
.750
06/14/30
49,520
100,000
Inter-American
Development
Bank
4
.375
07/16/35
99,902
140,000
Inter-American
Development
Bank
3
.875
10/28/41
123,366
630,000
International
Bank
for
Reconstruction
&
Development
2
.500
11/22/27
616,514
36,000
International
Bank
for
Reconstruction
&
Development
3
.625
05/05/28
35,802
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
SOVEREIGN
DEBT
(continued)
$
100,000
International
Bank
for
Reconstruction
&
Development
4
.625
%
08/01/28
$
101,501
128,000
International
Bank
for
Reconstruction
&
Development
4
.000
07/25/30
127,924
100,000
International
Bank
for
Reconstruction
&
Development
3
.500
10/28/30
97,867
95,000
International
Bank
for
Reconstruction
&
Development
4
.000
01/10/31
94,850
150,000
International
Bank
for
Reconstruction
&
Development
1
.250
02/10/31
131,981
100,000
International
Bank
for
Reconstruction
&
Development
4
.500
04/10/31
102,000
100,000
International
Bank
for
Reconstruction
&
Development
1
.625
11/03/31
87,882
75,000
International
Bank
for
Reconstruction
&
Development
4
.625
01/15/32
76,907
112,000
International
Bank
for
Reconstruction
&
Development
2
.500
03/29/32
102,464
50,000
International
Bank
for
Reconstruction
&
Development
4
.000
05/06/32
49,616
100,000
(a)
International
Bank
for
Reconstruction
&
Development
4
.750
11/14/33
103,230
45,000
International
Bank
for
Reconstruction
&
Development
3
.875
08/28/34
43,558
115,000
International
Bank
for
Reconstruction
&
Development
4
.375
08/27/35
114,989
35,000
International
Finance
Corp
4
.375
01/15/27
35,117
30,000
International
Finance
Corp
4
.500
01/21/28
30,281
150,000
International
Finance
Corp
3
.500
01/22/29
148,338
180,000
Israel
Government
International
Bond
2
.750
07/03/30
165,916
41,000
Israel
Government
International
Bond
5
.625
02/19/35
41,861
280,000
Israel
Government
International
Bond
3
.875
07/03/50
199,785
30,000
Korea
International
Bond
2
.750
01/19/27
29,723
70,000
Korea
International
Bond
1
.750
10/15/31
61,879
100,000
Nordic
Investment
Bank
3
.750
05/09/30
98,989
40,000
Panama
Government
International
Bond
3
.160
01/23/30
37,880
200,000
Panama
Government
International
Bond
2
.252
09/29/32
169,000
10,000
Panama
Government
International
Bond
3
.298
01/19/33
8,929
200,000
Panama
Government
International
Bond
5
.227
02/23/34
198,840
80,000
Panama
Government
International
Bond
6
.875
01/31/36
87,960
33,000
Panama
Government
International
Bond
4
.500
05/15/47
27,212
90,000
Panama
Government
International
Bond
4
.500
04/16/50
72,180
65,000
Peruvian
Government
International
Bond
3
.000
01/15/34
56,095
85,000
Peruvian
Government
International
Bond
5
.375
02/08/35
85,680
191,000
Peruvian
Government
International
Bond
6
.550
03/14/37
208,820
96,000
Peruvian
Government
International
Bond
5
.625
11/18/50
92,410
20,000
Peruvian
Government
International
Bond
3
.550
03/10/51
13,813
50,000
Peruvian
Government
International
Bond
6
.200
06/30/55
50,648
165,000
Republic
of
Italy
Government
International
Bond
2
.875
10/17/29
157,632
200,000
Republic
of
Poland
Government
International
Bond
4
.875
10/04/33
199,938
205,000
Republic
of
Poland
Government
International
Bond
5
.125
09/18/34
206,133
130,000
Republic
of
Poland
Government
International
Bond
5
.375
02/12/35
132,469
50,000
Republic
of
Poland
Government
International
Bond
5
.375
04/14/36
50,210
15,000
Uruguay
Government
International
Bond
4
.375
01/23/31
15,034
114,000
Uruguay
Government
International
Bond
5
.750
10/28/34
119,207
130,000
Uruguay
Government
International
Bond
5
.442
02/14/37
134,011
200,000
Uruguay
Government
International
Bond
4
.125
11/20/45
172,640
TOTAL
SOVEREIGN
DEBT
10,648,167
TOTAL
GOVERNMENT
RELATED
(Cost
$19,514,840)
19,036,839
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
SECURITIZED
-
26.8%
50,000
Ally
Auto
Receivables
Trust
2026-1
3
.920
10/15/30
49,705
150,000
American
Express
Credit
Account
Master
Trust
5
.230
09/15/28
150,757
50,000
BA
Credit
Card
Trust
4
.980
11/15/28
50,285
193,803
Bank
2019-BNK19
2
.926
08/15/61
185,764
93,163
BANK
2021-BNK34
1
.935
06/15/63
89,817
100,000
BANK
2021-BNK35
2
.067
06/15/64
94,229
55,000
BANK
2024-BNK48
5
.053
10/15/57
55,280
50,000
(c)
BANK
2025-BNK49
5
.623
03/15/58
52,186
43,281
BANK5
2023-5YR4
6
.500
12/15/56
44,883
50,000
(c)
BANK5
2024-5YR12
5
.902
12/15/57
51,961
45,000
BANK5
2024-5YR9
5
.614
08/15/57
46,254
Portfolio
of
Investments
April
30,
2026
(continued)
NUBD
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
SECURITIZED
(continued)
$
50,000
BANK5
Trust
2024-5YR6
6
.225
%
05/15/57
$
51,976
357,560
BBCMS
Mortgage
Trust
2020-C6
2
.690
02/15/53
336,610
100,000
(c)
BBCMS
Mortgage
Trust
2023-C21
6
.000
09/15/56
106,050
100,000
(c)
BBCMS
Mortgage
Trust
2023-C22
6
.804
11/15/56
109,301
100,000
BBCMS
Mortgage
Trust
2024-C26
5
.829
05/15/57
105,353
50,000
BBCMS
Mortgage
Trust
2025-5C33
5
.839
03/15/58
51,921
50,000
BBCMS
Mortgage
Trust
2025-C32
5
.720
02/15/62
52,592
200,000
Benchmark
2021-B24
Mortgage
Trust
2
.264
03/15/54
181,382
100,000
Benchmark
2021-B27
Mortgage
Trust
2
.703
07/15/54
71,283
100,000
Benchmark
2021-B28
Mortgage
Trust
2
.073
08/15/54
91,504
40,000
Benchmark
2024-V10
Mortgage
Trust
5
.277
09/15/57
40,747
50,000
(c)
Benchmark
2024-V11
Mortgage
Trust
5
.909
11/15/57
51,922
35,000
Benchmark
2024-V12
Mortgage
Trust
5
.738
12/15/57
36,169
50,000
Benchmark
2026-B42
Mortgage
Trust
5
.100
03/15/59
50,211
90,000
(c)
BMARK
2023-V4
6
.841
11/15/56
94,012
100,000
(c)
BMO
2023-5C1
Mortgage
Trust
7
.355
08/15/56
104,280
50,000
(c)
BMO
2024-5C7
Mortgage
Trust
5
.566
11/15/57
51,350
35,000
(c)
BMO
2024-C10
Mortgage
Trust
5
.478
11/15/57
35,971
90,000
(c)
BMO
2024-C8
Mortgage
Trust
5
.598
03/15/57
93,241
25,000
(c)
BMO
2025-5C9
Mortgage
Trust
5
.779
04/15/58
25,867
100,000
BMO
Mortgage
Trust
5
.180
10/15/58
101,601
50,000
Capital
One
Multi-Asset
Execution
Trust
3
.920
09/15/29
49,955
30,000
Capital
One
Prime
Auto
Receivables
Trust
2024-1
4
.620
07/16/29
30,153
50,000
CarMax
Auto
Owner
Trust
2024-4
4
.640
04/15/30
50,401
13,472
(b)
Carvana
Auto
Receivables
Trust
2022-N1
4
.130
12/11/28
13,381
50,000
Carvana
Auto
Receivables
Trust
2024-P3
4
.310
09/10/30
49,877
100,000
Chase
Issuance
Trust
4
.160
07/15/30
100,139
101,898
Citigroup
Commercial
Mortgage
Trust
2016-C1
3
.209
05/10/49
101,763
66,494
CNH
Equipment
Trust
2023-B
5
.600
02/15/29
67,303
50,000
CNH
Equipment
Trust
2024-C
4
.120
03/15/32
49,626
100,000
Drive
Auto
Receivables
Trust
2025-2
4
.140
09/15/32
100,026
36,487
Exeter
Automobile
Receivables
Trust
2024-4
5
.290
08/15/30
36,587
120,035
Fannie
Mae
Pool
FN
MA2941
3
.500
03/01/32
118,005
39,017
Fannie
Mae
Pool
FN
MA3392
3
.500
06/01/33
38,247
82,053
Fannie
Mae
Pool
FN
MA3490
4
.000
10/01/33
81,419
33,471
Fannie
Mae
Pool
FN
MA3828
3
.000
11/01/34
32,158
68,361
Fannie
Mae
Pool
FN
MA3865
3
.000
12/01/34
65,632
571,205
Fannie
Mae
Pool
FN
MA3956
3
.000
03/01/35
547,647
80,642
Fannie
Mae
Pool
FN
MA3957
3
.500
03/01/35
77,881
394,426
Fannie
Mae
Pool
FN
MA4074
2
.000
07/01/35
362,786
793,375
Fannie
Mae
Pool
FN
MA4075
2
.500
07/01/35
749,272
614,640
Fannie
Mae
Pool
FN
MA4123
2
.000
09/01/35
565,325
345,072
Fannie
Mae
Pool
FN
MA4180
2
.500
11/01/35
325,327
272,607
Fannie
Mae
Pool
FN
MA4228
1
.500
01/01/36
245,706
365,539
Fannie
Mae
Pool
FN
MA4278
1
.500
03/01/36
329,126
387,645
Fannie
Mae
Pool
FN
MA4298
2
.500
03/01/36
365,455
108,445
Fannie
Mae
Pool
FN
MA4302
1
.500
04/01/36
97,641
44,911
Fannie
Mae
Pool
FN
MA4316
2
.500
04/01/36
42,276
116,597
Fannie
Mae
Pool
FN
MA4330
2
.500
05/01/36
109,755
225,117
Fannie
Mae
Pool
FN
MA4359
1
.500
06/01/36
201,992
48,108
Fannie
Mae
Pool
FN
MA4361
2
.500
06/01/36
45,346
439,153
Fannie
Mae
Pool
FN
MA4383
2
.000
07/01/36
402,828
114,722
Fannie
Mae
Pool
FN
MA4402
1
.500
08/01/36
102,958
207,803
Fannie
Mae
Pool
FN
MA4516
2
.000
01/01/37
190,614
173,632
Fannie
Mae
Pool
FN
MA4535
1
.500
02/01/37
155,785
824,198
Fannie
Mae
Pool
FN
MA4536
2
.000
02/01/37
756,458
253,565
Fannie
Mae
Pool
FN
MA4566
1
.500
03/01/37
227,501
162,236
Fannie
Mae
Pool
FN
MA4602
2
.000
05/01/37
148,817
72,617
Fannie
Mae
Pool
FN
MA4604
3
.000
05/01/37
69,173
219,540
Fannie
Mae
Pool
FN
MA4629
3
.000
06/01/37
209,127
63,289
Fannie
Mae
Pool
FN
MA5042
4
.500
06/01/38
62,980
84,059
Fannie
Mae
Pool
FN
MA3890
3
.000
01/01/40
78,217
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
SECURITIZED
(continued)
$
683,024
Fannie
Mae
Pool
FN
MA5772
5
.500
%
07/01/40
$
697,946
579,608
Fannie
Mae
Pool
FN
MA4268
2
.000
02/01/41
506,861
98,583
Fannie
Mae
Pool
FN
MA4310
1
.500
04/01/41
83,516
442,144
Fannie
Mae
Pool
FN
MA4334
2
.500
05/01/41
398,414
67,299
Fannie
Mae
Pool
FN
MA4364
2
.000
06/01/41
58,626
61,456
Fannie
Mae
Pool
FN
MA4366
2
.500
06/01/41
55,329
193,208
Fannie
Mae
Pool
FN
MA4387
2
.000
07/01/41
168,122
251,386
Fannie
Mae
Pool
FN
MA4423
2
.500
09/01/41
225,850
221,229
Fannie
Mae
Pool
FN
MA5982
5
.000
02/01/46
220,364
640,916
Fannie
Mae
Pool
FN
MA3143
3
.000
09/01/47
571,063
368,468
Fannie
Mae
Pool
FN
MA3120
3
.500
09/01/47
341,600
40,798
Fannie
Mae
Pool
FN
MA3182
3
.500
11/01/47
37,652
129,773
Fannie
Mae
Pool
FN
MA3358
4
.500
05/01/48
127,232
1,859,879
Fannie
Mae
Pool
FN
FM5665
3
.500
08/01/48
1,728,748
75,985
Fannie
Mae
Pool
FN
MA3536
4
.000
12/01/48
72,181
130,487
Fannie
Mae
Pool
FN
MA3574
3
.500
01/01/49
120,269
1,240,969
Fannie
Mae
Pool
FN
FM5488
4
.000
05/01/49
1,181,467
446,042
Fannie
Mae
Pool
FN
MA3692
3
.500
07/01/49
409,393
781,191
Fannie
Mae
Pool
FN
MA3774
3
.000
09/01/49
693,998
530,206
Fannie
Mae
Pool
FN
MA3905
3
.000
01/01/50
470,369
238,963
Fannie
Mae
Pool
FN
MA3991
3
.000
04/01/50
210,733
318,474
Fannie
Mae
Pool
FN
MA4019
2
.500
05/01/50
269,853
567,853
Fannie
Mae
Pool
FN
MA4077
2
.000
07/01/50
459,369
205,055
Fannie
Mae
Pool
FN
MA4078
2
.500
07/01/50
173,811
299,775
Fannie
Mae
Pool
FN
MA4079
3
.000
07/01/50
265,286
1,273,753
Fannie
Mae
Pool
FN
MA4097
3
.000
08/01/50
1,127,208
304,643
Fannie
Mae
Pool
FN
MA4120
2
.500
09/01/50
257,976
108,036
Fannie
Mae
Pool
FN
MA4121
3
.000
09/01/50
95,539
644,954
Fannie
Mae
Pool
FN
MA4158
2
.000
10/01/50
521,547
251,091
Fannie
Mae
Pool
FN
MA4159
2
.500
10/01/50
212,491
1,724,513
Fannie
Mae
Pool
FN
MA4182
2
.000
11/01/50
1,392,486
213,071
Fannie
Mae
Pool
FN
MA4183
2
.500
11/01/50
180,386
1,575,325
Fannie
Mae
Pool
FN
MA4208
2
.000
12/01/50
1,272,019
716,818
Fannie
Mae
Pool
FN
MA4254
1
.500
02/01/51
549,428
766,945
Fannie
Mae
Pool
FN
MA4255
2
.000
02/01/51
620,045
293,555
Fannie
Mae
Pool
FN
MA4304
1
.500
04/01/51
225,237
1,957,521
Fannie
Mae
Pool
FN
MA4305
2
.000
04/01/51
1,577,691
453,651
Fannie
Mae
Pool
FN
MA4306
2
.500
04/01/51
382,872
70,514
Fannie
Mae
Pool
FN
MA4337
4
.000
04/01/51
66,658
1,751,894
Fannie
Mae
Pool
FN
MA4325
2
.000
05/01/51
1,410,916
242,642
Fannie
Mae
Pool
FN
MA4327
3
.000
05/01/51
214,100
1,515,861
Fannie
Mae
Pool
FN
MA4355
2
.000
06/01/51
1,222,517
214,185
Fannie
Mae
Pool
FN
MA4356
2
.500
06/01/51
180,787
486,215
Fannie
Mae
Pool
FN
MA4357
3
.000
06/01/51
427,250
154,961
Fannie
Mae
Pool
FN
MA4377
1
.500
07/01/51
118,964
218,636
Fannie
Mae
Pool
FN
MA4378
2
.000
07/01/51
176,268
391,222
Fannie
Mae
Pool
FN
MA4397
1
.500
08/01/51
300,305
1,135,769
Fannie
Mae
Pool
FN
MA4398
2
.000
08/01/51
915,382
1,370,575
Fannie
Mae
Pool
FN
MA4437
2
.000
10/01/51
1,103,246
666,753
Fannie
Mae
Pool
FN
MA4438
2
.500
10/01/51
561,789
260,036
Fannie
Mae
Pool
FN
MA4439
3
.000
10/01/51
228,660
1,791,422
Fannie
Mae
Pool
FN
MA4465
2
.000
11/01/51
1,441,115
214,020
Fannie
Mae
Pool
FN
MA4466
2
.500
11/01/51
180,675
1,613,223
Fannie
Mae
Pool
FN
MA4492
2
.000
12/01/51
1,297,757
6,174,721
Fannie
Mae
Pool
FN
MA4493
2
.500
12/01/51
5,210,743
1,240,295
Fannie
Mae
Pool
FN
MA4511
2
.000
01/01/52
996,764
699,737
Fannie
Mae
Pool
FN
MA4512
2
.500
01/01/52
590,494
366,417
Fannie
Mae
Pool
FN
MA4513
3
.000
01/01/52
321,278
225,220
Fannie
Mae
Pool
FN
MA4547
2
.000
02/01/52
180,930
1,132,781
Fannie
Mae
Pool
FN
MA4549
3
.000
02/01/52
994,388
2,540,632
Fannie
Mae
Pool
FN
MA4563
2
.500
03/01/52
2,140,630
274,876
Fannie
Mae
Pool
FN
MA4564
3
.000
03/01/52
241,258
Portfolio
of
Investments
April
30,
2026
(continued)
NUBD
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
SECURITIZED
(continued)
$
657,350
Fannie
Mae
Pool
FN
MA4565
3
.500
%
03/01/52
$
600,771
321,869
Fannie
Mae
Pool
FN
MA4577
2
.000
04/01/52
258,381
1,084,368
Fannie
Mae
Pool
FN
MA4578
2
.500
04/01/52
913,102
377,327
Fannie
Mae
Pool
FN
MA4579
3
.000
04/01/52
331,129
412,283
Fannie
Mae
Pool
FN
MA4600
3
.500
05/01/52
375,523
500,801
Fannie
Mae
Pool
FN
MA4644
4
.000
05/01/52
471,335
500,349
Fannie
Mae
Pool
FN
MA4623
2
.500
06/01/52
421,033
231,418
Fannie
Mae
Pool
FN
MA4625
3
.500
06/01/52
210,899
711,809
Fannie
Mae
Pool
FN
MA4684
4
.500
06/01/52
687,818
289,162
Fannie
Mae
Pool
FN
MA4686
5
.000
06/01/52
286,374
476,636
Fannie
Mae
Pool
FN
MA4653
3
.000
07/01/52
418,220
184,686
Fannie
Mae
Pool
FN
MA4654
3
.500
07/01/52
168,352
268,532
Fannie
Mae
Pool
FN
MA4655
4
.000
07/01/52
252,240
596,474
Fannie
Mae
Pool
FN
MA4656
4
.500
07/01/52
575,632
278,568
Fannie
Mae
Pool
FN
MA4709
5
.000
07/01/52
275,896
459,244
Fannie
Mae
Pool
FN
MA4699
3
.500
08/01/52
418,437
541,466
Fannie
Mae
Pool
FN
MA4700
4
.000
08/01/52
509,709
449,523
Fannie
Mae
Pool
FN
MA4701
4
.500
08/01/52
434,601
757,627
Fannie
Mae
Pool
FN
MA4737
5
.000
08/01/52
750,360
729,849
Fannie
Mae
Pool
FN
MA4738
5
.500
08/01/52
736,762
273,716
Fannie
Mae
Pool
FN
MA4731
3
.500
09/01/52
249,309
312,361
Fannie
Mae
Pool
FN
MA4732
4
.000
09/01/52
293,948
493,874
Fannie
Mae
Pool
FN
MA4781
3
.000
10/01/52
433,139
406,962
Fannie
Mae
Pool
FN
MA4782
3
.500
10/01/52
370,675
498,761
Fannie
Mae
Pool
FN
MA4783
4
.000
10/01/52
468,915
202,730
Fannie
Mae
Pool
FN
MA4804
4
.000
11/01/52
190,484
467,618
Fannie
Mae
Pool
FN
MA4805
4
.500
11/01/52
451,713
282,007
Fannie
Mae
Pool
FN
MA4807
5
.500
11/01/52
285,363
429,027
Fannie
Mae
Pool
FN
MA4847
6
.000
11/01/52
441,127
146,388
Fannie
Mae
Pool
FN
MA4852
6
.500
11/01/52
152,153
351,918
Fannie
Mae
Pool
FN
MA4842
5
.500
12/01/52
355,611
587,252
Fannie
Mae
Pool
FN
MA4894
6
.000
01/01/53
602,393
352,929
Fannie
Mae
Pool
FN
MA4895
6
.500
01/01/53
365,975
370,274
Fannie
Mae
Pool
FN
MA5027
4
.000
05/01/53
347,565
244,044
Fannie
Mae
Pool
FN
MA5008
4
.500
05/01/53
235,642
319,657
Fannie
Mae
Pool
FN
MA5009
5
.000
05/01/53
316,476
142,855
Fannie
Mae
Pool
FN
MA5012
6
.500
05/01/53
148,377
265,844
Fannie
Mae
Pool
FN
MA5038
5
.000
06/01/53
263,198
163,007
Fannie
Mae
Pool
FN
MA5071
5
.000
07/01/53
161,335
675,881
Fannie
Mae
Pool
FN
MA5106
5
.000
08/01/53
668,439
577,376
Fannie
Mae
Pool
FN
MA5108
6
.000
08/01/53
592,292
991,845
Fannie
Mae
Pool
FN
MA5165
5
.500
10/01/53
1,000,015
58,215
Fannie
Mae
Pool
FN
MA5166
6
.000
10/01/53
59,627
204,844
Fannie
Mae
Pool
FN
MA5190
5
.500
11/01/53
206,516
94,424
Fannie
Mae
Pool
FN
MA5192
6
.500
11/01/53
97,958
35,103
Fannie
Mae
Pool
FN
MA5193
7
.000
11/01/53
37,035
503,698
Fannie
Mae
Pool
FN
MA5216
6
.000
12/01/53
514,928
78,597
Fannie
Mae
Pool
FN
MA5217
6
.500
12/01/53
81,501
92,636
Fannie
Mae
Pool
FN
MA5218
7
.000
12/01/53
97,843
301,848
Fannie
Mae
Pool
FN
MA5263
4
.000
01/01/54
283,494
113,792
Fannie
Mae
Pool
FN
MA5247
6
.000
01/01/54
116,243
152,833
Fannie
Mae
Pool
FN
MA5271
5
.500
02/01/54
153,835
75,525
Fannie
Mae
Pool
FN
MA5273
6
.500
02/01/54
78,360
87,237
Fannie
Mae
Pool
FN
MA5295
6
.000
03/01/54
89,064
34,060
Fannie
Mae
Pool
FN
MA5298
7
.000
03/01/54
35,935
470,060
Fannie
Mae
Pool
FN
MA5326
4
.500
04/01/54
452,421
113,472
Fannie
Mae
Pool
FN
MA5329
6
.500
04/01/54
117,734
118,087
Fannie
Mae
Pool
FN
MA5342
7
.000
04/01/54
124,658
302,762
Fannie
Mae
Pool
FN
MA5353
5
.500
05/01/54
304,607
490,201
Fannie
Mae
Pool
FN
MA5388
5
.500
06/01/54
493,163
65,348
Fannie
Mae
Pool
FN
MA5389
6
.000
06/01/54
66,716
196,853
Fannie
Mae
Pool
FN
MA5390
6
.500
06/01/54
204,138
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
SECURITIZED
(continued)
$
586,159
Fannie
Mae
Pool
FN
MA5419
5
.000
%
07/01/54
$
578,097
232,046
Fannie
Mae
Pool
FN
MA5421
6
.000
07/01/54
236,905
378,125
Fannie
Mae
Pool
FN
MA5444
5
.500
08/01/54
380,197
294,233
Fannie
Mae
Pool
FN
MA5445
6
.000
08/01/54
300,279
248,739
Fannie
Mae
Pool
FN
MA5446
6
.500
08/01/54
257,932
843,569
Fannie
Mae
Pool
FN
MA5470
5
.500
09/01/54
848,192
861,784
Fannie
Mae
Pool
FN
MA5471
6
.000
09/01/54
879,830
74,776
Fannie
Mae
Pool
FN
MA5472
6
.500
09/01/54
77,540
95,301
Fannie
Mae
Pool
FN
MA5496
5
.000
10/01/54
93,983
114,031
Fannie
Mae
Pool
FN
MA5499
6
.500
10/01/54
118,246
196,656
Fannie
Mae
Pool
FN
MA5529
4
.500
11/01/54
189,276
555,264
Fannie
Mae
Pool
FN
MA5530
5
.000
11/01/54
547,555
578,800
Fannie
Mae
Pool
FN
MA5552
5
.000
12/01/54
570,749
927,793
Fannie
Mae
Pool
FN
MA5553
5
.500
12/01/54
932,973
201,130
Fannie
Mae
Pool
FN
MA5675
6
.500
04/01/55
208,564
759,912
Fannie
Mae
Pool
FN
MA5700
5
.500
05/01/55
764,154
323,711
Fannie
Mae
Pool
FN
MA5701
6
.000
05/01/55
330,490
654,888
Fannie
Mae
Pool
FN
MA5761
6
.000
07/01/55
668,603
147,953
Fannie
Mae
Pool
FN
MA5762
6
.500
07/01/55
153,422
520,828
Fannie
Mae
Pool
FN
MA5792
5
.500
08/01/55
523,682
474,373
Fannie
Mae
Pool
FN
MA5793
6
.000
08/01/55
484,307
138,865
Fannie
Mae
Pool
FN
MA5795
7
.000
08/01/55
146,508
190,746
Fannie
Mae
Pool
FN
MA5821
5
.000
09/01/55
188,083
352,947
Fannie
Mae
Pool
FN
MA5822
5
.500
09/01/55
354,880
1,342,231
Fannie
Mae
Pool
FN
MA5823
6
.000
09/01/55
1,370,340
184,312
Fannie
Mae
Pool
FN
MA5824
6
.500
09/01/55
191,124
72,425
Fannie
Mae
Pool
FN
MA5825
7
.000
09/01/55
76,478
799,821
Fannie
Mae
Pool
FN
MA5853
5
.500
10/01/55
804,204
308,316
Fannie
Mae
Pool
FN
MA5855
6
.500
10/01/55
319,712
436,716
Fannie
Mae
Pool
FN
MA5878
5
.000
11/01/55
430,484
153,012
Fannie
Mae
Pool
FN
MA5943
4
.500
01/01/56
147,269
289,317
Fannie
Mae
Pool
FN
MA5945
5
.500
01/01/56
290,976
985,389
Fannie
Mae
Pool
FN
MA5971
5
.000
02/01/56
971,328
2,175,047
Fannie
Mae
Pool
FN
MA6029
5
.000
04/01/56
2,144,064
167,317
(c)
Fannie
Mae-Aces
3
.130
03/25/28
164,355
229,341
(c)
Fannie
Mae-Aces
3
.473
07/25/28
225,928
36,241
Ford
Credit
Auto
Lease
Trust
2024-B
4
.990
12/15/27
36,361
50,000
Ford
Credit
Auto
Lease
Trust
2025-B
4
.230
12/15/28
50,100
50,000
Ford
Credit
Auto
Owner
Trust
2024-A
5
.010
09/15/29
50,607
295,945
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
2
.862
05/25/26
295,186
3,722
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
0
.861
06/25/27
3,653
62,000
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
1
.760
03/25/28
59,493
100,000
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
1
.770
05/25/28
95,372
100,000
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
4
.819
06/25/28
101,041
100,000
(c)
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
4
.650
08/25/28
100,781
100,000
(c)
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
4
.800
09/25/28
101,168
100,000
(c)
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
5
.355
01/25/29
102,763
35,000
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
5
.400
01/25/29
35,957
100,000
(c)
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
5
.180
03/25/29
102,485
204,734
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
2
.701
04/25/29
200,299
50,000
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
4
.618
07/25/29
50,526
82,606
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
1
.101
08/25/30
77,038
100,000
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
4
.400
10/25/30
100,359
86,762
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
1
.353
11/25/30
81,564
50,000
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
5
.203
02/25/31
51,821
100,000
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
1
.647
05/25/31
87,877
100,000
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
4
.963
05/25/31
102,709
200,000
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
4
.456
08/25/31
200,870
100,000
(c)
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
4
.550
01/25/32
100,848
100,000
(c)
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
4
.800
01/25/32
101,983
100,000
(c)
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
4
.500
08/25/33
99,904
95,000
(c)
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
5
.150
12/25/33
98,580
Portfolio
of
Investments
April
30,
2026
(continued)
NUBD
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
SECURITIZED
(continued)
$
50,000
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
4
.489
%
09/25/34
$
49,694
90,000
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
4
.760
10/25/34
91,009
100,000
(c)
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
4
.660
12/25/34
100,429
94,755
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
2
.007
07/25/35
81,989
200,000
(c)
Freddie
Mac
Multifamily
Structured
Pass
Through
Certificates
4
.600
09/25/35
199,361
317,699
Freddie
Mac
Pool
FR
RB5149
2
.500
03/01/42
284,720
588,019
Freddie
Mac
Pool
FR
SD3574
3
.000
11/01/48
528,979
78,233
Freddie
Mac
Pool
FR
SD8071
4
.500
06/01/50
76,000
206,960
Freddie
Mac
Pool
FR
SD8161
2
.500
08/01/51
174,761
914,575
Freddie
Mac
Pool
FR
SD8178
2
.500
11/01/51
771,415
212,992
Freddie
Mac
Pool
FR
SD8195
3
.000
02/01/52
186,971
319,024
Freddie
Mac
Pool
FR
SD5345
2
.500
04/01/52
268,471
196,322
Freddie
Mac
Pool
FR
SD8428
4
.000
05/01/54
184,221
351,881
Ginnie
Mae
II
Pool
G2
MA3663
3
.500
05/20/46
324,715
44,319
Ginnie
Mae
II
Pool
G2
MA5264
4
.000
06/20/48
42,168
51,442
Ginnie
Mae
II
Pool
G2
MA5398
4
.000
08/20/48
48,942
318,105
Ginnie
Mae
II
Pool
G2
MA6038
3
.000
07/20/49
284,416
149,388
Ginnie
Mae
II
Pool
G2
MA6283
3
.000
11/20/49
133,490
179,714
Ginnie
Mae
II
Pool
G2
MA6284
3
.500
11/20/49
165,448
584,559
Ginnie
Mae
II
Pool
G2
MA6338
3
.000
12/20/49
521,722
168,634
Ginnie
Mae
II
Pool
G2
MA6340
4
.000
12/20/49
160,196
179,459
Ginnie
Mae
II
Pool
G2
MA6410
3
.500
01/20/50
165,205
110,942
Ginnie
Mae
II
Pool
G2
MA6542
3
.500
03/20/50
101,890
57,508
Ginnie
Mae
II
Pool
G2
MA6600
3
.500
04/20/50
52,905
59,159
Ginnie
Mae
II
Pool
G2
MA6820
3
.000
08/20/50
52,840
590,864
Ginnie
Mae
II
Pool
G2
MA6864
2
.000
09/20/50
486,346
523,603
Ginnie
Mae
II
Pool
G2
MA6865
2
.500
09/20/50
449,599
62,880
Ginnie
Mae
II
Pool
G2
MA6931
2
.500
10/20/50
53,960
210,126
Ginnie
Mae
II
Pool
G2
MA6995
2
.500
11/20/50
180,189
375,498
Ginnie
Mae
II
Pool
G2
MA7051
2
.000
12/20/50
309,076
177,795
Ginnie
Mae
II
Pool
G2
MA7054
3
.500
12/20/50
162,612
348,653
Ginnie
Mae
II
Pool
G2
MA7136
2
.500
01/20/51
298,970
394,617
Ginnie
Mae
II
Pool
G2
MA7312
2
.500
04/20/51
338,383
437,649
Ginnie
Mae
II
Pool
G2
MA7367
2
.500
05/20/51
375,282
284,228
Ginnie
Mae
II
Pool
G2
MA7419
3
.000
06/20/51
253,355
631,698
Ginnie
Mae
II
Pool
G2
MA7472
2
.500
07/20/51
541,358
1,118,324
Ginnie
Mae
II
Pool
G2
MA7533
2
.000
08/20/51
920,504
193,268
Ginnie
Mae
II
Pool
G2
MA7534
2
.500
08/20/51
165,628
207,404
Ginnie
Mae
II
Pool
G2
MA7589
2
.500
09/20/51
177,845
226,948
Ginnie
Mae
II
Pool
G2
MA7648
2
.000
10/20/51
186,803
187,648
Ginnie
Mae
II
Pool
G2
MA7650
3
.000
10/20/51
167,264
636,827
Ginnie
Mae
II
Pool
G2
MA7704
2
.000
11/20/51
524,179
203,984
Ginnie
Mae
II
Pool
G2
MA7705
2
.500
11/20/51
174,912
314,227
Ginnie
Mae
II
Pool
G2
MA7767
2
.500
12/20/51
269,442
214,888
Ginnie
Mae
II
Pool
G2
MA7768
3
.000
12/20/51
191,611
439,400
Ginnie
Mae
II
Pool
G2
MA7826
2
.000
01/20/52
361,675
140,576
Ginnie
Mae
II
Pool
G2
MA7827
2
.500
01/20/52
120,529
1,153,644
Ginnie
Mae
II
Pool
G2
MA7882
3
.000
02/20/52
1,028,419
170,429
Ginnie
Mae
II
Pool
G2
MA7883
3
.500
02/20/52
155,604
1,245,295
Ginnie
Mae
II
Pool
G2
MA7935
2
.000
03/20/52
1,025,016
179,863
Ginnie
Mae
II
Pool
G2
MA7936
2
.500
03/20/52
154,213
346,185
Ginnie
Mae
II
Pool
G2
MA7937
3
.000
03/20/52
308,571
644,515
Ginnie
Mae
II
Pool
G2
MA7938
3
.500
03/20/52
587,952
159,785
Ginnie
Mae
II
Pool
G2
MA7939
4
.000
03/20/52
150,676
462,355
Ginnie
Mae
II
Pool
G2
MA8042
2
.500
05/20/52
396,418
169,899
Ginnie
Mae
II
Pool
G2
MA8044
3
.500
05/20/52
154,936
356,685
Ginnie
Mae
II
Pool
G2
MA8046
4
.500
05/20/52
347,075
617,447
Ginnie
Mae
II
Pool
G2
MA8100
4
.000
06/20/52
581,900
179,684
Ginnie
Mae
II
Pool
G2
MA8101
4
.500
06/20/52
174,902
340,143
Ginnie
Mae
II
Pool
G2
MA8102
5
.000
06/20/52
339,827
362,433
Ginnie
Mae
II
Pool
G2
MA8151
4
.500
07/20/52
352,453
149,290
Ginnie
Mae
II
Pool
G2
MA8200
4
.000
08/20/52
140,532
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
SECURITIZED
(continued)
$
144,904
Ginnie
Mae
II
Pool
G2
MA8201
4
.500
%
08/20/52
$
140,914
140,149
Ginnie
Mae
II
Pool
G2
MA8202
5
.000
08/20/52
139,977
150,389
Ginnie
Mae
II
Pool
G2
MA8266
3
.500
09/20/52
136,818
166,339
Ginnie
Mae
II
Pool
G2
MA8267
4
.000
09/20/52
156,927
125,166
Ginnie
Mae
II
Pool
G2
MA8349
5
.500
10/20/52
127,240
320,105
Ginnie
Mae
II
Pool
G2
MA8428
5
.000
11/20/52
319,303
92,587
Ginnie
Mae
II
Pool
G2
MA8430
6
.000
11/20/52
95,161
218,153
Ginnie
Mae
II
Pool
G2
MA8487
3
.500
12/20/52
198,417
304,839
Ginnie
Mae
II
Pool
G2
MA8491
5
.500
12/20/52
309,655
90,734
Ginnie
Mae
II
Pool
G2
MA8492
6
.000
12/20/52
93,256
229,233
Ginnie
Mae
II
Pool
G2
MA8571
6
.000
01/20/53
235,572
98,058
Ginnie
Mae
II
Pool
G2
MA8572
6
.500
01/20/53
103,004
230,799
Ginnie
Mae
II
Pool
G2
MA8801
5
.500
04/20/53
234,278
160,270
Ginnie
Mae
II
Pool
G2
MA8876
4
.000
05/20/53
151,216
68,262
Ginnie
Mae
II
Pool
G2
MA8881
6
.500
05/20/53
71,587
184,776
Ginnie
Mae
II
Pool
G2
MA8946
4
.500
06/20/53
179,122
83,433
Ginnie
Mae
II
Pool
G2
MA9015
4
.500
07/20/53
80,905
205,171
Ginnie
Mae
II
Pool
G2
MA9106
5
.500
08/20/53
207,942
223,063
Ginnie
Mae
II
Pool
G2
MA9170
5
.000
09/20/53
222,021
133,405
Ginnie
Mae
II
Pool
G2
MA9171
5
.500
09/20/53
135,040
51,812
Ginnie
Mae
II
Pool
G2
MA9172
6
.000
09/20/53
53,182
27,718
Ginnie
Mae
II
Pool
G2
MA9244
7
.000
10/20/53
28,813
187,794
Ginnie
Mae
II
Pool
G2
MA9303
4
.500
11/20/53
181,585
264,537
Ginnie
Mae
II
Pool
G2
MA9361
5
.000
12/20/53
262,904
77,121
Ginnie
Mae
II
Pool
G2
MA9365
7
.000
12/20/53
80,167
265,411
Ginnie
Mae
II
Pool
G2
MA9422
5
.000
01/20/54
264,146
138,042
Ginnie
Mae
II
Pool
G2
MA9424
6
.000
01/20/54
141,415
51,903
Ginnie
Mae
II
Pool
G2
MA9425
6
.500
01/20/54
54,401
109,637
Ginnie
Mae
II
Pool
G2
MA9490
6
.500
02/20/54
114,896
78,301
Ginnie
Mae
II
Pool
G2
MA9671
7
.000
05/20/54
81,323
195,161
Ginnie
Mae
II
Pool
G2
MA9722
4
.000
06/20/54
183,031
73,361
Ginnie
Mae
II
Pool
G2
MA9725
5
.500
06/20/54
74,194
139,801
Ginnie
Mae
II
Pool
G2
MA9726
6
.000
06/20/54
143,270
179,923
Ginnie
Mae
II
Pool
G2
MA9779
5
.500
07/20/54
181,913
133,097
Ginnie
Mae
II
Pool
G2
MA9780
6
.000
07/20/54
136,156
284,646
Ginnie
Mae
II
Pool
G2
MA9849
4
.500
08/20/54
275,003
163,138
Ginnie
Mae
II
Pool
G2
MA9852
6
.000
08/20/54
167,154
172,157
Ginnie
Mae
II
Pool
G2
MA9905
5
.000
09/20/54
170,897
499,238
Ginnie
Mae
II
Pool
G2
MA9906
5
.500
09/20/54
504,067
109,755
Ginnie
Mae
II
Pool
G2
MA9907
6
.000
09/20/54
112,225
155,293
Ginnie
Mae
II
Pool
G2
MA9962
4
.000
10/20/54
145,416
355,703
Ginnie
Mae
II
Pool
G2
MA9964
5
.000
10/20/54
353,107
168,650
Ginnie
Mae
II
Pool
G2
MA9967
6
.500
10/20/54
176,438
233,885
Ginnie
Mae
II
Pool
G2
MB0307
5
.000
04/20/55
232,172
239,466
Ginnie
Mae
II
Pool
G2
MB0484
5
.000
07/20/55
237,712
605,772
Ginnie
Mae
II
Pool
G2
MB0485
5
.500
07/20/55
611,211
219,087
Ginnie
Mae
II
Pool
G2
MB0486
6
.000
07/20/55
223,485
212,116
Ginnie
Mae
II
Pool
G2
MB0619
3
.500
09/20/55
191,892
251,603
Ginnie
Mae
II
Pool
G2
MB0621
4
.500
09/20/55
242,847
98,312
Ginnie
Mae
II
Pool
G2
MB0622
5
.000
09/20/55
97,593
438,687
Ginnie
Mae
II
Pool
G2
MB0623
5
.500
09/20/55
442,192
95,822
Ginnie
Mae
II
Pool
G2
MB0624
6
.000
09/20/55
97,746
243,358
Ginnie
Mae
II
Pool
G2
MB0687
6
.000
10/20/55
248,275
96,431
Ginnie
Mae
II
Pool
G2
MB0688
6
.500
10/20/55
100,867
197,341
Ginnie
Mae
II
Pool
G2
MB0746
5
.500
11/20/55
198,918
153,776
Ginnie
Mae
II
Pool
G2
MB0812
4
.500
12/20/55
148,424
297,253
Ginnie
Mae
II
Pool
G2
MB0813
5
.000
12/20/55
295,077
197,771
Ginnie
Mae
II
Pool
G2
MB0814
5
.500
12/20/55
199,351
396,952
Ginnie
Mae
II
Pool
G2
788393
5
.000
01/20/56
395,930
993,070
Ginnie
Mae
II
Pool
G2
MB0871
5
.000
01/20/56
985,798
33,985
GM
Financial
Consumer
Automobile
Receivables
Trust
2024-2
5
.100
03/16/29
34,200
200,000
GS
Mortgage
Securities
Trust
2019-GC38
3
.968
02/10/52
196,666
Portfolio
of
Investments
April
30,
2026
(continued)
NUBD
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
SECURITIZED
(continued)
$
44,232
Harley-Davidson
Motorcycle
Trust
2024-B
4
.310
%
07/16/29
$
44,314
40,000
Honda
Auto
Receivables
2024-2
Owner
Trust
5
.210
07/18/30
40,548
44,812
Honda
Auto
Receivables
2024-3
Owner
Trust
4
.570
03/21/29
44,990
75,000
Honda
Auto
Receivables
2026-1
Owner
Trust
3
.780
09/23/30
74,429
75,000
Hyundai
Auto
Receivables
Trust
3
.790
02/18/31
74,417
55,741
Hyundai
Auto
Receivables
Trust
2023-C
5
.540
10/16/28
56,146
50,000
John
Deere
Owner
Trust
2026
3
.870
08/15/30
49,552
25,000
Mercedes-Benz
Auto
Receivables
Trust
2024-1
4
.790
07/15/31
25,236
50,000
Morgan
Stanley
BAML
Trust
5
.107
11/15/58
50,763
4,231
Morgan
Stanley
Capital
I
Trust
2021-L5
1
.518
05/15/54
4,221
50,000
Nissan
Auto
Lease
Trust
2025-A
4
.750
03/15/28
50,359
16,426
Santander
Drive
Auto
Receivables
Trust
2024-2
5
.630
11/15/28
16,447
50,000
Santander
Drive
Auto
Receivables
Trust
2026-1
4
.260
04/15/32
49,342
100,000
Synchrony
Card
Funding
LLC
5
.540
07/15/29
100,347
35,000
Toyota
Auto
Receivables
2024-D
Owner
Trust
4
.430
04/15/30
35,149
90,000
Verizon
Master
Trust
5
.210
06/20/29
90,219
50,000
Wells
Fargo
Commercial
Mortgag
5
.203
12/15/58
50,800
236,808
Wells
Fargo
Commercial
Mortgage
Trust
2019-C49
3
.760
03/15/52
232,352
50,000
Wells
Fargo
Commercial
Mortgage
Trust
2024-5C2
5
.439
11/15/57
51,028
50,000
WF
Card
Issuance
Trust
4
.290
10/15/29
50,193
49,967
World
Omni
Auto
Receivables
Trust
2024-C
4
.430
12/17/29
50,104
TOTAL
SECURITIZED
(Cost
$128,589,768)
120,526,871
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
U.S.
TREASURY
-
43.9%
200,000
United
States
Treasury
Note/Bond
4
.500
05/15/27
201,409
2,000,000
United
States
Treasury
Note/Bond
2
.625
05/31/27
1,975,234
900,000
United
States
Treasury
Note/Bond
0
.500
06/30/27
866,285
2,500,000
United
States
Treasury
Note/Bond
3
.250
06/30/27
2,483,984
1,000,000
United
States
Treasury
Note/Bond
2
.750
07/31/27
986,797
500,000
United
States
Treasury
Note/Bond
3
.875
07/31/27
500,137
2,186,000
United
States
Treasury
Note/Bond
2
.250
08/15/27
2,141,938
100,000
United
States
Treasury
Note/Bond
4
.125
09/30/27
100,348
500,000
United
States
Treasury
Note/Bond
3
.500
10/31/27
497,285
1,600,000
United
States
Treasury
Note/Bond
4
.125
10/31/27
1,605,625
888,000
United
States
Treasury
Note/Bond
2
.250
11/15/27
866,528
300,000
United
States
Treasury
Note/Bond
4
.125
11/15/27
301,078
320,000
United
States
Treasury
Note/Bond
0
.625
11/30/27
304,125
1,600,000
United
States
Treasury
Note/Bond
3
.875
11/30/27
1,599,813
300,000
United
States
Treasury
Note/Bond
3
.375
12/31/27
297,551
3,798,000
United
States
Treasury
Note/Bond
3
.875
12/31/27
3,797,110
1,500,000
United
States
Treasury
Note/Bond
3
.500
01/31/28
1,490,215
2,344,000
United
States
Treasury
Note/Bond
2
.750
02/15/28
2,298,127
2,500,000
United
States
Treasury
Note/Bond
3
.375
02/29/28
2,478,125
1,200,000
United
States
Treasury
Note/Bond
4
.000
02/29/28
1,202,391
2,000,000
United
States
Treasury
Note/Bond
3
.500
04/30/28
1,984,922
1,100,000
United
States
Treasury
Note/Bond
3
.625
05/31/28
1,094,113
2,450,000
United
States
Treasury
Note/Bond
4
.125
07/31/28
2,462,059
400,000
United
States
Treasury
Note/Bond
3
.375
09/15/28
395,250
3,700,000
United
States
Treasury
Note/Bond
4
.625
09/30/28
3,761,570
650,000
United
States
Treasury
Note/Bond
1
.375
10/31/28
611,152
2,000,000
United
States
Treasury
Note/Bond
4
.875
10/31/28
2,045,547
2,550,000
United
States
Treasury
Note/Bond
4
.375
11/30/28
2,578,787
200,000
United
States
Treasury
Note/Bond
3
.500
12/15/28
198,000
4,750,000
United
States
Treasury
Note/Bond
3
.750
12/31/28
4,730,518
300,000
United
States
Treasury
Note/Bond
1
.750
01/31/29
283,195
2,850,000
United
States
Treasury
Note/Bond
4
.000
01/31/29
2,856,346
34,000
United
States
Treasury
Note/Bond
3
.500
02/15/29
33,633
3,850,000
United
States
Treasury
Note/Bond
4
.250
02/28/29
3,884,289
2,650,000
United
States
Treasury
Note/Bond
4
.125
03/31/29
2,665,010
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
U.S.
TREASURY
(continued)
$
800,000
United
States
Treasury
Note/Bond
4
.625
%
04/30/29
$
815,813
1,470,000
United
States
Treasury
Note/Bond
2
.375
05/15/29
1,405,515
2,200,000
United
States
Treasury
Note/Bond
4
.500
05/31/29
2,236,523
3,650,000
United
States
Treasury
Note/Bond
4
.250
06/30/29
3,684,647
2,950,000
United
States
Treasury
Note/Bond
4
.000
07/31/29
2,955,762
514,000
United
States
Treasury
Note/Bond
1
.625
08/15/29
477,900
4,600,000
United
States
Treasury
Note/Bond
3
.625
08/31/29
4,554,539
3,600,000
United
States
Treasury
Note/Bond
3
.500
09/30/29
3,549,094
5,050,000
United
States
Treasury
Note/Bond
4
.125
10/31/29
5,077,814
1,800,000
United
States
Treasury
Note/Bond
4
.125
11/30/29
1,810,125
500,000
United
States
Treasury
Note/Bond
3
.875
12/31/29
498,496
750,000
United
States
Treasury
Note/Bond
4
.375
12/31/29
760,518
3,050,000
United
States
Treasury
Note/Bond
4
.250
01/31/30
3,079,666
1,300,000
United
States
Treasury
Note/Bond
4
.000
03/31/30
1,301,219
3,450,000
United
States
Treasury
Note/Bond
3
.875
04/30/30
3,436,793
100,000
United
States
Treasury
Note/Bond
0
.625
05/15/30
87,566
1,550,000
United
States
Treasury
Note/Bond
4
.000
05/31/30
1,550,969
2,300,000
United
States
Treasury
Note/Bond
3
.875
06/30/30
2,290,117
4,700,000
United
States
Treasury
Note/Bond
3
.875
07/31/30
4,678,520
2,000,000
United
States
Treasury
Note/Bond
3
.625
08/31/30
1,969,922
7,900,000
United
States
Treasury
Note/Bond
3
.625
09/30/30
7,780,267
4,700,000
United
States
Treasury
Note/Bond
3
.625
10/31/30
4,627,113
3,500,000
United
States
Treasury
Note/Bond
3
.500
11/30/30
3,426,172
3,850,000
United
States
Treasury
Note/Bond
3
.625
12/31/30
3,786,986
1,900,000
United
States
Treasury
Note/Bond
3
.750
01/31/31
1,878,328
150,000
United
States
Treasury
Note/Bond
4
.000
01/31/31
149,824
1,440,000
United
States
Treasury
Note/Bond
3
.500
02/28/31
1,407,825
600,000
United
States
Treasury
Note/Bond
3
.875
03/31/31
596,016
350,000
United
States
Treasury
Note/Bond
3
.875
04/30/31
347,648
100,000
United
States
Treasury
Note/Bond
4
.125
10/31/31
100,207
700,000
United
States
Treasury
Note/Bond
4
.125
11/30/31
701,176
250,000
United
States
Treasury
Note/Bond
4
.500
12/31/31
255,010
1,000,000
United
States
Treasury
Note/Bond
1
.875
02/15/32
885,078
500,000
United
States
Treasury
Note/Bond
4
.125
02/29/32
500,176
3,050,000
United
States
Treasury
Note/Bond
2
.875
05/15/32
2,844,602
1,150,000
United
States
Treasury
Note/Bond
2
.750
08/15/32
1,060,605
750,000
United
States
Treasury
Note/Bond
3
.875
08/31/32
738,047
1,150,000
United
States
Treasury
Note/Bond
4
.125
11/15/32
1,146,272
700,000
United
States
Treasury
Note/Bond
3
.500
02/15/33
671,234
800,000
United
States
Treasury
Note/Bond
3
.375
05/15/33
759,313
1,300,000
United
States
Treasury
Note/Bond
3
.875
08/15/33
1,271,156
1,750,000
United
States
Treasury
Note/Bond
4
.500
11/15/33
1,778,232
1,650,000
United
States
Treasury
Note/Bond
4
.000
02/15/34
1,620,738
2,500,000
United
States
Treasury
Note/Bond
4
.375
05/15/34
2,515,527
750,000
United
States
Treasury
Note/Bond
3
.875
08/15/34
727,793
2,000,000
United
States
Treasury
Note/Bond
4
.250
11/15/34
1,990,000
450,000
United
States
Treasury
Note/Bond
4
.625
02/15/35
459,457
2,950,000
United
States
Treasury
Note/Bond
4
.250
05/15/35
2,927,990
1,700,000
United
States
Treasury
Note/Bond
4
.125
02/15/36
1,664,141
200,000
United
States
Treasury
Note/Bond
1
.125
08/15/40
123,891
1,300,000
United
States
Treasury
Note/Bond
1
.875
02/15/41
894,156
500,000
United
States
Treasury
Note/Bond
2
.250
05/15/41
361,738
1,050,000
United
States
Treasury
Note/Bond
1
.750
08/15/41
696,979
198,000
United
States
Treasury
Note/Bond
2
.000
11/15/41
135,939
1,400,000
United
States
Treasury
Note/Bond
2
.375
02/15/42
1,013,359
3,900,000
United
States
Treasury
Note/Bond
3
.250
05/15/42
3,192,668
1,964,000
United
States
Treasury
Note/Bond
2
.750
08/15/42
1,489,341
500,000
United
States
Treasury
Note/Bond
3
.375
08/15/42
414,668
135,000
United
States
Treasury
Note/Bond
2
.750
11/15/42
101,835
498,000
United
States
Treasury
Note/Bond
4
.000
11/15/42
447,325
600,000
United
States
Treasury
Note/Bond
3
.875
05/15/43
527,391
950,000
United
States
Treasury
Note/Bond
4
.375
08/15/43
889,066
Portfolio
of
Investments
April
30,
2026
(continued)
NUBD
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
U.S.
TREASURY
(continued)
$
2,340,000
United
States
Treasury
Note/Bond
4
.750
%
11/15/43
$
2,291,189
1,350,000
United
States
Treasury
Note/Bond
4
.500
02/15/44
1,279,230
900,000
United
States
Treasury
Note/Bond
4
.625
05/15/44
865,195
100,000
United
States
Treasury
Note/Bond
4
.125
08/15/44
89,906
400,000
United
States
Treasury
Note/Bond
4
.625
11/15/44
383,578
200,000
United
States
Treasury
Note/Bond
4
.750
02/15/45
194,727
1,320,000
United
States
Treasury
Note/Bond
5
.000
05/15/45
1,325,156
2,400,000
United
States
Treasury
Note/Bond
4
.875
08/15/45
2,370,375
2,400,000
United
States
Treasury
Note/Bond
4
.625
11/15/45
2,293,125
2,053,000
United
States
Treasury
Note/Bond
4
.625
02/15/46
1,960,615
1,221,000
United
States
Treasury
Note/Bond
2
.750
08/15/47
855,368
1,850,000
United
States
Treasury
Note/Bond
1
.250
05/15/50
867,477
700,000
United
States
Treasury
Note/Bond
1
.375
08/15/50
338,160
200,000
United
States
Treasury
Note/Bond
1
.625
11/15/50
103,078
3,800,000
United
States
Treasury
Note/Bond
1
.875
02/15/51
2,084,063
1,100,000
United
States
Treasury
Note/Bond
2
.375
05/15/51
680,023
160,000
United
States
Treasury
Note/Bond
1
.875
11/15/51
86,756
1,300,000
United
States
Treasury
Note/Bond
2
.250
02/15/52
773,297
1,350,000
United
States
Treasury
Note/Bond
2
.875
05/15/52
924,117
550,000
United
States
Treasury
Note/Bond
3
.000
08/15/52
385,967
949,000
United
States
Treasury
Note/Bond
4
.000
11/15/52
805,390
550,000
United
States
Treasury
Note/Bond
3
.625
02/15/53
435,811
1,210,000
United
States
Treasury
Note/Bond
3
.625
05/15/53
957,743
1,590,000
United
States
Treasury
Note/Bond
4
.125
08/15/53
1,377,027
1,200,000
United
States
Treasury
Note/Bond
4
.750
11/15/53
1,152,281
1,500,000
United
States
Treasury
Note/Bond
4
.250
02/15/54
1,326,680
875,000
United
States
Treasury
Note/Bond
4
.625
05/15/54
823,799
1,350,000
United
States
Treasury
Note/Bond
4
.250
08/15/54
1,194,117
1,450,000
United
States
Treasury
Note/Bond
4
.500
11/15/54
1,337,568
350,000
United
States
Treasury
Note/Bond
4
.625
02/15/55
329,615
1,550,000
United
States
Treasury
Note/Bond
4
.750
05/15/55
1,490,240
2,100,000
United
States
Treasury
Note/Bond
4
.750
08/15/55
2,020,266
1,350,000
United
States
Treasury
Note/Bond
4
.625
11/15/55
1,273,219
1,914,000
United
States
Treasury
Note/Bond
4
.750
02/15/56
1,842,823
TOTAL
U.S.
TREASURY
(Cost
$207,658,764)
197,223,284
TOTAL
LONG-TERM
INVESTMENTS
(Cost
$468,715,143)
444,934,157
SHARES
DESCRIPTION
RATE
VALUE
INVESTMENTS
PURCHASED
WITH
COLLATERAL
FROM
SECURITIES
LENDING
-
0.4%
1,983,110
(d)
State
Street
Navigator
Securities
Lending
Government
Money
Market
Portfolio
3
.670
(e)
$
1,983,110
TOTAL
INVESTMENTS
PURCHASED
WITH
COLLATERAL
FROM
SECURITIES
LENDING
(Cost
$1,983,110)
1,983,110
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
SHORT-TERM
INVESTMENTS
-
0.0%
CORPORATE
DEBT
-
0.0%
INDUSTRIAL
-
0.0%
10,000
Enbridge
Inc
4
.250
12/01/26
10,002
TOTAL
INDUSTRIAL
10,002
TOTAL
CORPORATE
DEBT
(Cost
$10,007)
10,002
TOTAL
SHORT-TERM
INVESTMENTS
(Cost
$10,007)
10,002
TOTAL
INVESTMENTS
-
99
.4
%
(Cost
$
470,708,260
)
446,927,269
OTHER
ASSETS
&
LIABILITIES,
NET
-
0.6%
2,568,527
NET
ASSETS
-
100%
$
449,495,796
Part
F
of
Form
N-PORT
was
prepared
in
accordance
with
U.S.
generally
accepted
accounting
principles
(“U.S.
GAAP”)
and
in
conformity
with
the
applicable
rules
and
regulations
of
the
U.S.
Securities
and
Exchange
Commission
(“SEC”)
related
to
interim
filings.
Part
F
of
Form
N-PORT
does
not
include
all
information
and
footnotes
required
by
U.S.
GAAP
for
complete
financial
statements.
Certain
footnote
disclosures
normally
included
in
financial
statements
prepared
in
accordance
with
U.S.
GAAP
have
been
condensed
or
omitted
from
this
report
pursuant
to
the
rules
of
the
SEC.
For
a
full
set
of
the
Fund’s
notes
to
financial
statements,
please
refer
to
the
Fund’s
most
recently
filed
annual
or
semi-annual
report.
Fair
Value
Measurements
The
Fund’s
investments
in
securities
are
recorded
at
their
estimated
fair
value
utilizing
valuation
methods
approved
by
the
Board
of
Directors/
Trustees.
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
which
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).
The
following
table
summarizes
the
market
value
of
the
Fund's
investments
as
of
the
end
of
the
reporting
period,
based
on
the
inputs
used
to
value
them:
S&P
Standard
&
Poor's
(a)
Investment,
or
a
portion
of
investment,
is
out
on
loan
for
securities
lending.
The
total
value
of
the
securities
out
on
loan
as
of
the
end
of
the
reporting
period
was
$1,904,062.
(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
$669,092
or
0.1%
of
Total
Investments.
(c)
Floating
or
variable
rate
security
includes
the
reference
rate
and
spread,
when
applicable. For
mortgage-backed
or
asset-backed
securities
the
variable
rate
is
based
on
the
underlying
asset
of
the
security.
Coupon
rate
reflects
the
rate
at
period
end.
(d)
The
Fund
may
loan
securities
representing
up
to
one
third
of
the
value
of
its
total
assets
(which
includes
collateral
for
securities
on
loan)
to
broker
dealers,
banks,
and
other
institutions.
The
collateral
maintained
by
the
Fund
shall
have
a
value,
at
the
inception
of
each
loan,
equal
to
not
less
than
100%
of
the
value
of
the
loaned
securities.
The
cash
collateral
received
by
the
Fund
is
invested
in
this
money
market
fund.
(e)
The
rate
shown
is
the
one-day
yield
as
of
the
end
of
the
reporting
period.
NUBD
Level
1
Level
2
Level
3
Total
Long-Term
Investments:
Corporate
Debt
$
–
$
108,147,163
$
–
$
108,147,163
Government
Related
–
19,036,839
–
19,036,839
Securitized
–
120,526,871
–
120,526,871
U.S.
Treasury
–
197,223,284
–
197,223,284
Investments
Purchased
with
Collateral
from
Securities
Lending
1,983,110
–
–
1,983,110
Short-Term
Investments:
Corporate
Debt
–
10,002
–
10,002
Total
$
1,983,110
$
444,944,159
$
–
$
446,927,269
a
Portfolio
of
Investments
April
30,
2026
NPFI
(Unaudited)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
LONG-TERM
INVESTMENTS
-
99.3%
149087435
CORPORATE
BONDS
-
96.0%
(a)
149087435
AUTOMOBILES
&
COMPONENTS
-
1.2%
$
648,000
(b),(c)
General
Motors
Financial
Co
Inc
5
.750
%
N/A
$
642,424
1,229,000
(b),(c)
General
Motors
Financial
Co
Inc
5
.700
N/A
1,207,620
TOTAL
AUTOMOBILES
&
COMPONENTS
1,850,044
BANKS
-
58.1%
656,000
(b),(d)
Banco
Bilbao
Vizcaya
Argentaria
SA
9
.375
N/A
722,245
1,800,000
(b),(d)
Banco
Bilbao
Vizcaya
Argentaria
SA
7
.750
N/A
1,905,138
600,000
(b),(d),(e)
Banco
Bilbao
Vizcaya
Argentaria
SA
7
.125
N/A
600,000
600,000
(b),(d)
Banco
Bilbao
Vizcaya
Argentaria
SA
6
.125
N/A
600,789
1,400,000
(b),(d)
Banco
Santander
SA
9
.625
N/A
1,662,354
2,800,000
(b),(d)
Banco
Santander
SA
8
.000
N/A
3,040,965
800,000
(b),(c)
Bank
of
America
Corp
6
.250
N/A
808,537
41,000
(b),(c)
Bank
of
America
Corp
4
.375
N/A
40,624
1,825,000
(b),(c)
Bank
of
America
Corp
6
.625
N/A
1,882,239
850,000
(b),(c)
Bank
of
America
Corp
6
.125
N/A
855,779
900,000
(c)
Bank
of
Montreal
7
.700
05/26/84
945,513
1,500,000
(c)
Bank
of
Montreal
6
.875
11/26/85
1,534,987
1,400,000
(c)
Bank
of
Montreal
7
.300
11/26/84
1,474,924
1,200,000
(c)
Bank
of
Nova
Scotia/The
6
.875
10/27/85
1,214,295
400,000
(c)
Bank
of
Nova
Scotia/The
8
.000
01/27/84
424,203
1,152,000
(b),(d)
Barclays
PLC
8
.000
N/A
1,209,078
1,100,000
(b),(d)
Barclays
PLC
9
.625
N/A
1,227,556
1,950,000
(b),(d)
Barclays
PLC
7
.625
N/A
2,053,837
600,000
(b),(d),(f)
BNP
Paribas
SA
0
.000
N/A
603,520
1,200,000
(b),(d),(f)
BNP
Paribas
SA
7
.375
N/A
1,244,478
1,150,000
(b),(d),(f)
BNP
Paribas
SA
8
.000
N/A
1,230,610
783,000
(b),(d),(f)
BNP
Paribas
SA
9
.250
N/A
825,263
700,000
(b),(d),(f)
BNP
Paribas
SA
7
.750
N/A
734,209
891,000
(b),(d),(f)
BNP
Paribas
SA
8
.500
N/A
941,399
1,500,000
(b),(d),(f)
BNP
Paribas
SA
7
.450
N/A
1,553,887
1,575,000
(c)
Canadian
Imperial
Bank
of
Commerce
7
.000
10/28/85
1,616,166
1,200,000
(c)
Canadian
Imperial
Bank
of
Commerce
6
.950
01/28/85
1,223,437
875,000
(c)
Canadian
Imperial
Bank
of
Commerce
6
.500
07/28/86
872,296
125,000
(b),(c)
Citigroup
Inc
6
.875
N/A
126,913
559,000
(b),(c)
Citigroup
Inc
7
.375
N/A
574,328
1,400,000
(b),(c)
Citigroup
Inc
6
.625
N/A
1,417,160
1,700,000
(b),(c)
Citigroup
Inc
7
.000
N/A
1,765,921
885,000
(b),(c)
Citigroup
Inc
6
.950
N/A
900,663
465,000
(b),(c)
Citigroup
Inc
7
.125
N/A
471,807
400,000
(b),(c)
Citigroup
Inc
7
.200
N/A
408,080
446,000
(b),(c)
Citigroup
Inc
7
.625
N/A
463,803
750,000
(b),(c),(g)
Citizens
Financial
Group
Inc
(TSFR3M
+
3.265%)
6
.938
N/A
748,218
1,450,000
(b),(d),(f)
Credit
Agricole
SA
7
.125
N/A
1,502,829
1,450,000
(b),(d),(f)
Credit
Agricole
SA
6
.700
N/A
1,464,454
1,250,000
(b),(c)
First
Citizens
BancShares
Inc/NC
7
.000
N/A
1,256,256
1,818,000
(b),(d)
HSBC
Holdings
PLC
8
.000
N/A
1,895,549
1,000,000
(b),(d)
HSBC
Holdings
PLC
6
.875
N/A
1,024,499
575,000
(b),(d)
HSBC
Holdings
PLC
6
.750
N/A
582,392
1,900,000
(b),(d)
HSBC
Holdings
PLC
6
.950
N/A
1,967,665
435,000
(b),(c)
Huntington
Bancshares
Inc/OH
5
.625
N/A
439,694
1,400,000
(b),(c)
Huntington
Bancshares
Inc/OH
6
.250
N/A
1,402,009
1,488,000
(b),(d)
ING
Groep
NV,
Reg
S
7
.500
N/A
1,540,376
1,500,000
(b),(d)
ING
Groep
NV
7
.000
N/A
1,551,282
2,650,000
(b),(c)
JPMorgan
Chase
&
Co
6
.100
N/A
2,650,000
1,900,000
(b),(c)
JPMorgan
Chase
&
Co
6
.500
N/A
1,950,455
1,068,000
(b),(c)
JPMorgan
Chase
&
Co
6
.875
N/A
1,112,573
600,000
(b),(d)
Lloyds
Banking
Group
PLC
6
.750
N/A
617,267
1,000,000
(b),(d)
Lloyds
Banking
Group
PLC
6
.625
N/A
981,918
1,200,000
(b),(d)
Lloyds
Banking
Group
PLC
8
.000
N/A
1,279,733
222,000
(b),(c)
M&T
Bank
Corp
5
.125
N/A
221,022
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
BANKS
(continued)
$
2,800,000
(b),(d)
NatWest
Group
PLC
7
.300
%
N/A
$
2,905,804
1,571,000
(b),(d)
NatWest
Group
PLC
8
.125
N/A
1,734,499
1,800,000
(b),(d),(f)
Nordea
Bank
Abp
6
.750
N/A
1,834,283
286,000
(b),(c)
PNC
Financial
Services
Group
Inc/The
6
.000
N/A
286,044
1,410,000
(b),(c)
PNC
Financial
Services
Group
Inc/The
6
.250
N/A
1,432,838
945,000
(b),(c)
PNC
Financial
Services
Group
Inc/The
6
.200
N/A
951,285
1,200,000
(c)
Royal
Bank
of
Canada
6
.750
08/24/85
1,221,228
1,900,000
(c)
Royal
Bank
of
Canada
6
.500
05/24/86
1,881,413
2,200,000
(b),(d),(f)
Societe
Generale
SA
8
.500
N/A
2,413,000
800,000
(b),(d),(f)
Societe
Generale
SA
10
.000
N/A
874,388
1,000,000
(b),(d),(f)
Societe
Generale
SA
7
.125
N/A
989,707
677,000
(b),(d),(f)
Societe
Generale
SA
9
.375
N/A
713,946
1,150,000
(b),(d),(f)
Standard
Chartered
PLC
7
.750
N/A
1,185,161
800,000
(c)
Toronto-Dominion
Bank/The
6
.350
10/31/85
805,378
1,000,000
(c)
Toronto-Dominion
Bank/The
8
.125
10/31/82
1,040,150
1,464,000
(b),(c)
Truist
Financial
Corp
6
.669
N/A
1,464,558
2,001,000
(b),(c)
Wells
Fargo
&
Co
7
.625
N/A
2,101,088
1,000,000
(b),(c)
Wells
Fargo
&
Co
6
.125
N/A
1,003,466
2,000,000
(b),(c)
Wells
Fargo
&
Co
6
.850
N/A
2,080,396
TOTAL
BANKS
90,283,826
CAPITAL
GOODS
-
0.7%
1,160,000
(b),(c)
Sumisho
Air
Lease
Corp
6
.000
N/A
1,123,701
TOTAL
CAPITAL
GOODS
1,123,701
ENERGY
-
5.6%
1,639,000
(c)
Enbridge
Inc
7
.625
01/15/83
1,775,924
1,155,000
(c)
Enbridge
Inc
8
.500
01/15/84
1,315,673
480,000
(b),(c)
Energy
Transfer
LP
6
.625
N/A
484,229
722,000
(b),(c)
Energy
Transfer
LP
7
.125
N/A
741,519
400,000
(c)
Energy
Transfer
LP
8
.000
05/15/54
424,011
800,000
(c)
Energy
Transfer
LP
6
.500
02/15/56
802,156
525,000
(c)
Energy
Transfer
LP
6
.750
02/15/56
528,773
470,000
(c)
South
Bow
Canadian
Infrastructure
Holdings
Ltd
7
.500
03/01/55
496,900
345,000
(b),(c),(f)
Sunoco
LP
7
.875
N/A
357,267
1,200,000
(c)
Transcanada
Trust
5
.600
03/07/82
1,185,341
575,000
(b),(c),(f)
Venture
Global
LNG
Inc
9
.000
N/A
568,699
TOTAL
ENERGY
8,680,492
FINANCIAL
SERVICES
-
13.6%
1,615,000
(c)
AerCap
Ireland
Capital
DAC
/
AerCap
Global
Aviation
Trust
6
.950
03/10/55
1,672,366
700,000
(c)
AerCap
Ireland
Capital
DAC
/
AerCap
Global
Aviation
Trust
6
.500
01/31/56
712,606
822,000
(b),(c)
Ally
Financial
Inc
4
.700
N/A
790,835
650,000
(b),(c)
Ally
Financial
Inc
7
.100
N/A
649,488
700,000
(b),(c)
Charles
Schwab
Corp/The
6
.100
N/A
700,310
950,000
(b),(c),(f)
Compeer
Financial
ACA
7
.875
N/A
964,250
925,000
(b),(c)
Corebridge
Financial
Inc
6
.875
N/A
951,423
1,400,000
(b),(d)
Deutsche
Bank
AG,
Reg
S
8
.130
N/A
1,485,268
1,050,000
(b),(c)
Goldman
Sachs
Group
Inc/The
6
.850
N/A
1,081,732
1,850,000
(b),(c)
Goldman
Sachs
Group
Inc/The
6
.125
N/A
1,863,816
550,000
(b),(c)
Goldman
Sachs
Group
Inc/The
7
.500
N/A
574,796
1,229,000
(b),(c)
Goldman
Sachs
Group
Inc/The
7
.500
N/A
1,291,964
400,000
(b),(d)
Julius
Baer
Group
Ltd,
Reg
S
7
.500
N/A
413,151
600,000
(b),(d)
Nomura
Holdings
Inc
7
.000
N/A
618,221
927,000
(b),(c)
State
Street
Corp
6
.700
N/A
955,241
1,250,000
(b),(d),(f)
UBS
Group
AG
7
.750
N/A
1,333,445
1,150,000
(b),(d),(f)
UBS
Group
AG
9
.250
N/A
1,244,444
1,243,000
(b),(d),(f)
UBS
Group
AG
9
.250
N/A
1,450,629
1,800,000
(b),(d),(f)
UBS
Group
AG
7
.000
N/A
1,831,783
550,000
(b),(c)
Voya
Financial
Inc
7
.758
N/A
573,650
TOTAL
FINANCIAL
SERVICES
21,159,418
FOOD,
BEVERAGE
&
TOBACCO
-
1.3%
1,200,000
(b),(c),(f)
Land
O'
Lakes
Inc
8
.000
N/A
1,190,388
900,000
(b),(c),(f)
Land
O'
Lakes
Inc
7
.250
N/A
821,250
TOTAL
FOOD,
BEVERAGE
&
TOBACCO
2,011,638
Portfolio
of
Investments
April
30,
2026
(continued)
NPFI
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
HEALTH
CARE
EQUIPMENT
&
SERVICES
-
0.4%
$
200,000
(c)
CVS
Health
Corp
6
.750
%
12/10/54
$
207,205
400,000
(c)
CVS
Health
Corp
7
.000
03/10/55
415,007
TOTAL
HEALTH
CARE
EQUIPMENT
&
SERVICES
622,212
INSURANCE
-
9.7%
1,175,000
(c)
American
National
Group
Inc
7
.000
12/01/55
1,148,244
1,562,000
(c)
Assurant
Inc
7
.000
03/27/48
1,582,179
1,000,000
(c),(f)
Assured
Guaranty
Municipal
Holdings
Inc
6
.400
12/15/66
948,040
800,000
(c)
Athene
Holding
Ltd
6
.875
06/28/55
776,331
89,000
(c)
AXIS
Specialty
Finance
LLC
4
.900
01/15/40
86,938
700,000
(c)
Corebridge
Financial
Inc
6
.375
09/15/54
696,045
1,050,000
(c),(f)
Enstar
Group
Ltd
7
.500
04/01/45
1,086,987
300,000
(c)
MetLife
Inc
5
.850
03/15/56
295,941
1,200,000
(c)
MetLife
Inc
6
.350
03/15/55
1,228,393
104,000
(c),(f)
MetLife
Inc
9
.250
04/08/38
122,442
84,000
(c)
PartnerRe
Finance
B
LLC
4
.500
10/01/50
79,998
125,000
(c)
Prudential
Financial
Inc
5
.125
03/01/52
121,830
225,000
(c)
Prudential
Financial
Inc
6
.500
03/15/54
231,683
950,000
(c)
Reinsurance
Group
of
America
Inc
6
.650
09/15/55
963,861
300,000
(c)
Reinsurance
Group
of
America
Inc
6
.375
09/15/56
293,790
800,000
(b),(c)
RLGH
Finance
Bermuda
Ltd,
Reg
S
6
.875
N/A
801,175
1,000,000
(b),(c),(f)
SBL
Holdings
Inc
9
.508
N/A
945,596
2,250,000
(b),(c),(f)
SBL
Holdings
Inc
6
.500
N/A
2,033,873
1,500,000
(b),(d)
Standard
Life
PLC,
Reg
S
8
.500
N/A
1,598,520
TOTAL
INSURANCE
15,041,866
MEDIA
&
ENTERTAINMENT
-
0.2%
250,000
(b),(c),(f)
Farm
Credit
Bank
of
Texas
7
.750
N/A
259,733
TOTAL
MEDIA
&
ENTERTAINMENT
259,733
TELECOMMUNICATION
SERVICES
-
1.0%
600,000
(c)
Bell
Telephone
Co
of
Canada
or
Bell
Canada
7
.000
09/15/55
622,651
375,000
(c)
Rogers
Communications
Inc
7
.125
04/15/55
386,854
400,000
(c)
TELUS
Corp
7
.000
10/15/55
413,731
73,000
(c)
Vodafone
Group
PLC
7
.000
04/04/79
76,130
TOTAL
TELECOMMUNICATION
SERVICES
1,499,366
UTILITIES
-
4.2%
200,000
(c)
AES
Corp/The
6
.950
07/15/55
195,110
285,000
(c)
AES
Corp/The
7
.600
01/15/55
290,338
400,000
(c),(f)
AltaGas
Ltd
7
.200
10/15/54
415,575
125,000
(c)
CMS
Energy
Corp
6
.500
06/01/55
128,072
402,000
(c)
Dominion
Energy
Inc
7
.000
06/01/54
428,648
180,000
(c)
Duke
Energy
Corp
6
.450
09/01/54
188,055
575,000
(c)
Emera
US
Finance
LLC
6
.850
10/01/56
576,720
335,000
(c)
Entergy
Corp
7
.125
12/01/54
344,875
1,000,000
(c)
EUSHI
Finance
Inc
7
.625
12/15/54
1,035,301
559,000
(c)
NextEra
Energy
Capital
Holdings
Inc
6
.750
06/15/54
585,342
400,000
(c)
PG&E
Corp
7
.375
03/15/55
411,423
200,000
(c),(f)
Puget
Energy
Inc
7
.250
09/15/56
201,124
84,000
(c)
Sempra
4
.125
04/01/52
82,784
300,000
(c)
Sempra
6
.550
04/01/55
303,082
575,000
(c)
Sempra
6
.375
04/01/56
581,562
250,000
(b),(c),(f)
Vistra
Corp
8
.000
N/A
252,197
319,000
(b),(c),(f)
Vistra
Corp
7
.000
N/A
319,932
200,000
(b),(c),(f)
Vistra
Corp
8
.875
N/A
214,999
TOTAL
UTILITIES
6,555,139
TOTAL
CORPORATE
BONDS
(Cost
$149,016,931)
149,087,435
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
5052378
U.S.
GOVERNMENT
AND
AGENCY
OBLIGATIONS
-
3.3%
5052378
2,842,000
CoBank
ACB
6
.250
10/01/74
2,841,410
825,000
CoBank
ACB
7
.250
07/01/74
832,344
Part
F
of
Form
N-PORT
was
prepared
in
accordance
with
U.S.
generally
accepted
accounting
principles
(“U.S.
GAAP”)
and
in
conformity
with
the
applicable
rules
and
regulations
of
the
U.S.
Securities
and
Exchange
Commission
(“SEC”)
related
to
interim
filings.
Part
F
of
Form
N-PORT
does
not
include
all
information
and
footnotes
required
by
U.S.
GAAP
for
complete
financial
statements.
Certain
footnote
disclosures
normally
included
in
financial
statements
prepared
in
accordance
with
U.S.
GAAP
have
been
condensed
or
omitted
from
this
report
pursuant
to
the
rules
of
the
SEC.
For
a
full
set
of
the
Fund’s
notes
to
financial
statements,
please
refer
to
the
Fund’s
most
recently
filed
annual
or
semi-annual
report.
Fair
Value
Measurements
The
Fund’s
investments
in
securities
are
recorded
at
their
estimated
fair
value
utilizing
valuation
methods
approved
by
the
Board
of
Directors/
Trustees.
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
which
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).
The
following
table
summarizes
the
market
value
of
the
Fund's
investments
as
of
the
end
of
the
reporting
period,
based
on
the
inputs
used
to
value
them:
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
$
1,350,000
Farm
Credit
Bank
of
Texas
7
.000
%
09/15/74
$
1,378,624
TOTAL
U.S.
GOVERNMENT
AND
AGENCY
OBLIGATIONS
(Cost
$5,101,425)
5,052,378
TOTAL
LONG-TERM
INVESTMENTS
(Cost
$154,118,356)
154,139,813
OTHER
ASSETS
&
LIABILITIES,
NET
-
0.7%
1,117,477
NET
ASSETS
-
100%
$
155,257,290
Reg
S
Regulation
S
allows
U.S.
companies
to
sell
securities
to
persons
or
entities
located
outside
of
the
United
States
without
registering
those
securities
with
the
Securities
and
Exchange
Commission.
Specifically,
Regulation
S
provides
a
safe
harbor
from
the
registration
requirements
of
the
Securities
Act
for
the
offers
and
sales
of
securities
by
both
foreign
and
domestic
issuers
that
are
made
outside
the
United
States.
TSFR3M
CME
Term
Secured
Overnight
Financing
Rate
3
Month
(a)
Contains
$1,000
Par
Preferred
and/or
Contingent
Capital
Securities.
(b)
Perpetual
security.
Maturity
date
is
not
applicable.
(c)
$1,000
Par
Institutional
Preferred
security.
As
of
the
end
of
the
period,
the
percent
of
$1,000
Par
Institutional
Preferred
securities
was
59.6%
of
Total
Investments.
(d)
Contingent
Capital
Securities
(“CoCos”)
are
debt
or
preferred
securities
with
loss
absorption
characteristics
built
into
the
terms
of
the
security
for
the
benefit
of
the
issuer,
for
example
an
automatic
write-down
of
principal
or
a
mandatory
conversion
into
the
issuer’s
common
stock
under
certain
adverse
circumstances,
such
as
the
issuer’s
capital
ratio
falling
below
a
specified
level.
As
of
the
end
of
the
reporting
period,
the
Fund’s
total
investment
in
CoCos
was
37.1%
of
Total
Investments.
(e)
When-issued
or
delayed
delivery
security.
(f)
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
fiscal
period,
the
aggregate
value
of
these
securities
is
$34,673,787
or
22.5%
of
Total
Investments.
(g)
Floating
or
variable
rate
security
includes
the
reference
rate
and
spread,
when
applicable. For
mortgage-backed
or
asset-backed
securities
the
variable
rate
is
based
on
the
underlying
asset
of
the
security.
Coupon
rate
reflects
the
rate
at
period
end.
NPFI
Level
1
Level
2
Level
3
Total
Long-Term
Investments:
Corporate
Bonds
$
–
$
149,087,435
$
–
$
149,087,435
U.S.
Government
and
Agency
Obligations
–
5,052,378
–
5,052,378
Total
$
–
$
154,139,813
$
–
$
154,139,813
a
Portfolio
of
Investments
April
30,
2026
NUSB
(Unaudited)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
LONG-TERM
INVESTMENTS
-
75.2%
CORPORATE
DEBT
-
59.7%
FINANCIALS
-
29.8%
$
1,000,000
AerCap
Ireland
Capital
DAC
/
AerCap
Global
Aviation
Trust
6
.100
%
01/15/27
$
1,010,821
1,000,000
Allstate
Corp/The
3
.280
12/15/26
995,155
1,250,000
(a)
American
Express
Co
(
SOFR
+
0
.590
%
)
4
.255
02/09/29
1,251,718
1,000,000
Aon
North
America
Inc
5
.125
03/01/27
1,006,535
1,500,000
Bank
of
America
Corp
4
.376
04/27/28
1,499,528
1,410,000
(a)
Bank
of
Montreal
(
SOFR
Compounded
Index
+
0
.880
%
)
5
.743
09/10/27
1,412,002
1,000,000
Bank
of
Montreal
4
.100
12/15/27
998,185
1,000,000
(a)
Bank
of
Montreal
(
SOFR
Compounded
Index
+
0
.750
%
)
4
.427
09/22/28
1,001,368
1,000,000
(a)
Canadian
Imperial
Bank
of
Commerce
(
SOFR
+
0
.800
%
)
4
.454
09/08/28
1,001,365
1,500,000
Citigroup
Inc
4
.643
05/07/28
1,502,610
1,250,000
Citizens
Bank
NA/Providence
RI
4
.192
01/29/29
1,241,315
750,000
(a),(b)
Corebridge
Global
Funding
(
SOFR
+
0
.750
%
)
4
.399
01/07/28
749,152
1,250,000
(a),(b)
Equitable
America
Global
Funding
(
SOFR
+
0
.710
%
)
4
.363
09/15/27
1,251,245
1,000,000
ERP
Operating
LP
2
.850
11/01/26
993,998
1,250,000
(a)
Goldman
Sachs
Group
Inc/The
(
SOFR
+
0
.710
%
)
4
.359
01/21/29
1,247,450
1,000,000
(a)
Huntington
National
Bank/The
(
SOFR
+
0
.720
%
)
4
.369
04/12/28
1,000,301
1,668,000
JPMorgan
Chase
&
Co
6
.070
10/22/27
1,681,879
1,000,000
(a)
Marsh
&
McLennan
Cos
Inc
(
SOFR
Compounded
Index
+
0
.700
%
)
4
.365
11/08/27
1,000,885
1,285,000
(a),(b)
MassMutual
Global
Funding
II
(
SOFR
+
0
.740
%
)
4
.389
04/09/27
1,288,505
1,500,000
(b)
Metropolitan
Life
Global
Funding
I
4
.250
04/13/28
1,498,101
1,250,000
(a)
Morgan
Stanley
Private
Bank
NA
(
SOFR
+
0
.770
%
)
5
.162
07/06/28
1,253,116
1,000,000
(a)
Morgan
Stanley
Private
Bank
NA
(
SOFR
+
0
.780
%
)
4
.444
11/17/28
1,001,656
1,250,000
(a),(b)
National
Australia
Bank
Ltd
(
SOFR
+
0
.530
%
)
4
.183
12/13/28
1,250,881
1,250,000
(a)
National
Bank
of
Canada
(
SOFR
+
0
.770
%
)
4
.419
01/20/29
1,249,425
995,000
(a),(b)
New
York
Life
Global
Funding
(
SOFR
+
0
.670
%
)
4
.321
04/02/27
997,098
700,000
PNC
Bank
NA
4
.543
05/13/27
700,068
1,250,000
(a)
PNC
Financial
Services
Group
Inc/The
(
SOFR
+
0
.620
%
)
4
.268
01/26/29
1,249,058
1,250,000
(a),(b)
Principal
Life
Global
Funding
II
(
SOFR
+
0
.810
%
)
4
.474
08/18/28
1,249,984
1,250,000
RenaissanceRe
Finance
Inc
3
.450
07/01/27
1,237,734
2,055,000
(a)
Royal
Bank
of
Canada
(
SOFR
Compounded
Index
+
1
.080
%
)
4
.729
07/20/26
2,059,408
1,000,000
(a)
Royal
Bank
of
Canada
(
SOFR
+
0
.700
%
)
4
.369
11/03/28
1,000,515
1,000,000
(a)
State
Street
Corp
(
SOFR
+
0
.640
%
)
4
.288
10/22/27
1,001,594
1,000,000
Sumisho
Air
Lease
Corp
3
.625
04/01/27
988,372
1,000,000
(a)
Toronto-Dominion
Bank/The
(
SOFR
+
0
.620
%
)
4
.273
12/17/26
1,001,755
1,250,000
Toronto-Dominion
Bank/The
3
.913
01/13/28
1,241,615
1,250,000
(a)
Truist
Bank
(
SOFR
+
0
.770
%
)
4
.418
07/24/28
1,251,117
750,000
UBS
AG/Stamford
CT
4
.864
01/10/28
752,860
1,250,000
(a)
UBS
AG/Stamford
CT
(
SOFR
+
0
.810
%
)
4
.463
03/16/29
1,251,719
1,275,000
(a)
UnitedHealth
Group
Inc
(
SOFR
+
0
.500
%
)
4
.151
07/15/26
1,275,697
1,000,000
Ventas
Realty
LP
3
.850
04/01/27
996,500
TOTAL
FINANCIALS
46,642,290
INDUSTRIAL
-
25.2%
1,250,000
(a)
AbbVie
Inc
(
SOFR
Compounded
Index
+
0
.480
%
)
4
.136
03/03/28
1,251,787
1,500,000
(a)
Amazon.com
Inc
(
SOFR
+
0
.590
%
)
4
.243
03/13/29
1,503,112
810,000
(a)
American
Honda
Finance
Corp
(
SOFR
Compounded
Index
+
0
.720
%
)
4
.386
10/05/26
810,993
1,725,000
AT&T
Inc
2
.950
07/15/26
1,720,772
1,250,000
Augusta
SpinCo
Corp
4
.321
09/23/27
1,247,959
1,000,000
BAT
Capital
Corp
3
.557
08/15/27
989,478
1,000,000
Carrier
Global
Corp
2
.493
02/15/27
987,215
1,410,000
(a)
Caterpillar
Financial
Services
Corp
(
SOFR
+
0
.690
%
)
4
.341
10/16/26
1,412,820
720,000
(a)
Caterpillar
Financial
Services
Corp
(
SOFR
+
0
.520
%
)
4
.184
05/14/27
721,179
1,250,000
Equinix
Inc
2
.900
11/18/26
1,240,955
1,250,000
Gilead
Sciences
Inc
2
.950
03/01/27
1,239,117
1,250,000
Haleon
US
Capital
LLC
3
.375
03/24/27
1,239,525
1,250,000
(b)
Honeywell
Aerospace
Inc
3
.900
03/16/28
1,240,692
1,250,000
Howmet
Aerospace
Inc
3
.750
03/03/28
1,236,487
1,000,000
(a)
John
Deere
Capital
Corp
(
SOFR
+
0
.500
%
)
4
.158
03/06/28
1,001,966
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
INDUSTRIAL
(continued)
$
1,250,000
(a)
Keurig
Dr
Pepper
Inc
(
SOFR
+
0
.580
%
)
4
.244
%
11/15/26
$
1,250,938
1,250,000
Kroger
Co/The
2
.650
10/15/26
1,241,667
1,000,000
L3Harris
Technologies
Inc
3
.850
12/15/26
997,905
1,000,000
(b)
Mars
Inc
4
.450
03/01/27
1,003,544
1,250,000
McDonald's
Corp
3
.500
03/01/27
1,244,070
1,000,000
O'Reilly
Automotive
Inc
5
.750
11/20/26
1,007,632
1,000,000
Otis
Worldwide
Corp
2
.293
04/05/27
983,709
1,750,000
(a)
Pfizer
Inc
(
SOFR
+
0
.500
%
)
4
.164
11/15/27
1,754,673
1,250,000
Philip
Morris
International
Inc
4
.750
02/12/27
1,257,016
1,000,000
(a)
Philip
Morris
International
Inc
(
SOFR
+
0
.660
%
)
4
.308
10/27/28
999,962
1,400,000
Republic
Services
Inc
2
.900
07/01/26
1,397,475
1,250,000
Roper
Technologies
Inc
3
.800
12/15/26
1,247,509
1,000,000
RTX
Corp
2
.650
11/01/26
993,217
1,000,000
(a),(b)
Siemens
Funding
BV
(
SOFR
+
0
.640
%
)
4
.299
05/26/28
1,002,498
1,000,000
Sysco
Corp
3
.300
07/15/26
998,158
1,065,000
(a)
Toyota
Motor
Credit
Corp
(
SOFR
+
0
.450
%
)
4
.114
05/15/26
1,065,096
1,290,000
(a)
Toyota
Motor
Credit
Corp
(
SOFR
+
0
.770
%
)
4
.435
08/07/26
1,291,788
1,000,000
(b)
Volkswagen
Group
of
America
Finance
LLC
4
.950
03/25/27
1,004,333
1,000,000
Zimmer
Biomet
Holdings
Inc
4
.700
02/19/27
1,004,022
TOTAL
INDUSTRIAL
39,589,269
UTILITY
-
4.7%
325,000
DTE
Electric
Co
4
.250
05/14/27
325,991
1,250,000
Duke
Energy
Progress
LLC
4
.350
03/06/27
1,253,542
1,250,000
(a)
National
Rural
Utilities
Cooperative
Finance
Corp
(
SOFR
Compounded
Index
+
0
.430
%
)
4
.095
08/09/27
1,250,300
1,275,000
(a)
National
Rural
Utilities
Cooperative
Finance
Corp
(
SOFR
+
0
.820
%
)
4
.473
09/16/27
1,280,852
1,000,000
NextEra
Energy
Capital
Holdings
Inc
4
.685
09/01/27
1,004,384
1,000,000
Oncor
Electric
Delivery
Co
LLC
4
.500
03/20/27
1,003,691
1,250,000
WEC
Energy
Group
Inc
4
.750
01/15/28
1,256,970
TOTAL
UTILITY
7,375,730
TOTAL
CORPORATE
DEBT
(Cost
$93,574,151)
93,607,289
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
SECURITIZED
-
15.5%
33,158
BANK
2017-BNK6
3
.289
07/15/60
33,079
316,762
BANK
2022-BNK39
1
.744
02/15/55
313,798
74,152
Bank
of
America
Merrill
Lynch
Commercial
Mortgage
Trust
2017-BNK3
3
.366
02/15/50
73,989
1,000,000
(a),(b)
BX
2021-LBA3
Mortgage
Trust
(
TSFR1M
+
0
.804
%
)
4
.459
10/15/36
999,989
1,050,000
(a),(b)
BX
Commercial
Mortgage
Trust
2021-21M
(
TSFR1M
+
1
.092
%
)
4
.747
10/15/36
1,050,129
1,439,589
(a),(b)
BX
Commercial
Mortgage
Trust
2021-CIP
(
TSFR1M
+
1
.035
%
)
4
.690
12/15/38
1,439,378
1,432,452
(a),(b)
BX
Trust
2021-BXMF
(
TSFR1M
+
0
.750
%
)
4
.405
10/15/26
1,432,142
20,777
Carmax
Auto
Owner
Trust
2022-4
5
.340
08/16/27
20,789
134,604
(a)
CarMax
Auto
Owner
Trust
2024-4
(
SOFR30A
+
0
.450
%
)
4
.090
12/15/27
134,621
1,200,000
CNH
Equipment
Trust
3
.820
06/15/29
1,198,161
77,119
(a)
CNH
Equipment
Trust
2024-C
(
SOFR30A
+
0
.420
%
)
4
.060
02/18/28
77,130
300,000
CSAIL
2016-C7
Commercial
Mortgage
Trust
3
.502
11/15/49
298,643
279,768
DBJPM
2017-C6
Mortgage
Trust
3
.121
06/10/50
278,164
364,848
(b)
DBWF
Mortgage
Trust
2
.998
06/10/34
362,554
2,893
(b)
DLLMT
2024-1
LLC
5
.080
02/22/27
2,894
1,191,790
(a),(b)
EQUS
2021-EQAZ
Mortgage
Trust
(
TSFR1M
+
1
.019
%
)
4
.674
10/15/38
1,191,852
68,059
(a)
Ford
Credit
Auto
Owner
Trust
2024-C
(
SOFR30A
+
0
.400
%
)
4
.040
08/15/27
68,068
40,944
(a)
GM
Financial
Consumer
Automobile
Receivables
Trust
2024-4
(
SOFR30A
+
0
.400
%
)
4
.039
10/18/27
40,946
1,000,000
GM
Financial
Consumer
Automobile
Receivables
Trust
2026-2
4
.300
05/16/29
1,000,891
1,295,000
(b)
Hyundai
Auto
Lease
Securitizat
3
.850
05/15/28
1,293,260
1,198,484
(b)
Hyundai
Auto
Lease
Securitization
Trust
2025-C
4
.370
01/18/28
1,201,004
116,255
(a)
Hyundai
Auto
Receivables
Trust
2024-C
(
SOFR30A
+
0
.400
%
)
4
.040
09/15/27
116,271
438,396
Hyundai
Auto
Receivables
Trust
2025-A
4
.330
12/15/27
438,751
Portfolio
of
Investments
April
30,
2026
(continued)
NUSB
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
SECURITIZED
(continued)
$
1,000,000
John
Deere
Owner
Trust
2026
3
.850
%
12/15/28
$
998,554
934,026
(b)
Kubota
Credit
Owner
Trust
2025-2
4
.480
04/17/28
936,449
66,793
Morgan
Stanley
Capital
I
Trust
2016-UBS12
3
.436
12/15/49
66,568
240,000
(a),(b)
MTN
Commercial
Mortgage
Trust
2022-LPFL
(
TSFR1M
+
1
.397
%
)
5
.057
03/15/39
239,998
529,150
(b)
Porsche
Financial
Auto
Securit
3
.910
03/22/29
529,026
910,385
(a),(b)
SMR
2022-IND
Mortgage
Trust
(
TSFR1M
+
1
.650
%
)
5
.305
02/15/39
908,894
1,049,337
(b)
SOFI
CONSUMER
LOAN
PROGRAM
TRU
4
.060
12/26/35
1,048,337
75,180
Toyota
Auto
Receivables
2024-D
Owner
Trust
4
.550
08/16/27
75,207
1,226,383
Toyota
Auto
Receivables
2025-D
Owner
Trust
3
.890
08/15/28
1,225,982
1,000,000
Toyota
Auto
Receivables
2026-B
Owner
Trust
4
.040
02/15/29
1,000,179
1,252,625
(b)
Toyota
Lease
Owner
Trust
2025-B
3
.910
05/22/28
1,252,369
544
UBS
Commercial
Mortgage
Trust
2017-C1
3
.256
06/15/50
543
15,693
UBS
Commercial
Mortgage
Trust
2017-C4
3
.366
10/15/50
15,630
81,294
(b)
Volvo
Financial
Equipment
LLC
4
.560
05/17/27
81,336
1,000,000
(b)
Volvo
Financial
Equipment
LLC
3
.960
06/15/28
999,636
484,189
Wells
Fargo
Commercial
Mortgage
Trust
0
.032
09/15/50
478,247
722,254
(a)
World
Omni
Auto
Receivables
Trust
2025-B
(
SOFR30A
+
0
.470
%
)
4
.110
08/15/28
722,494
698,693
World
Omni
Auto
Receivables
Trust
2025-C
4
.190
10/16/28
699,205
TOTAL
SECURITIZED
(Cost
$24,336,862)
24,345,157
TOTAL
LONG-TERM
INVESTMENTS
(Cost
$117,911,013)
117,952,446
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
SHORT-TERM
INVESTMENTS
-
24.5%
COMMERCIAL
PAPER
-
21.7%
1,250,000
(a)
Westpac
Banking
Corp/NY
(
SOFR
+
0
.300
%
)
3
.930
10/06/26
1,250,216
1,500,000
American
Electric
Power
Co
Inc
0
.000
05/19/26
1,496,812
825,000
Archer-Daniels-Midland
Co
0
.000
05/12/26
823,988
1,500,000
(b)
Barton
Capital
SA
0
.000
08/28/26
1,480,599
1,500,000
Barton
Capital
SA
0
.000
05/22/26
1,496,557
1,250,000
(b)
BP
Capital
Markets
PLC
0
.000
06/09/26
1,244,718
1,295,000
CABOT
TRAIL
FUNDING
LLC
0
.000
05/11/26
1,293,534
750,000
(b)
Duke
Energy
Corp
0
.000
05/06/26
749,522
750,000
Duke
Energy
Corporation
0
.000
05/01/26
749,920
1,900,000
(b)
Globe
Life
Inc
0
.000
06/16/26
1,890,238
1,250,000
Honeywell
International
Inc
0
.000
06/26/26
1,242,513
1,520,000
Macquarie
Bank
Ltd
0
.000
07/01/26
1,510,037
1,500,000
MARSH
&
MCLENNAN
CO
INC
0
.000
05/07/26
1,498,842
841,000
(b)
Mizuho
Bank
Ltd/New
York
NY
0
.000
06/10/26
837,474
592,000
(b)
National
Bank
of
Canada
0
.000
05/13/26
591,206
1,250,000
(b)
NextEra
Energy
Capital
Holdings
Inc
0
.000
05/07/26
1,249,033
1,250,000
Old
Line
Funding
LLC
0
.000
10/06/26
1,228,567
1,250,000
Pure
Grove
Funding
0
.000
05/20/26
1,247,400
1,250,000
RTX
Corp
0
.000
06/25/26
1,242,182
1,250,000
Salisbury
Receivables
Co
LLC
0
.000
06/04/26
1,245,376
2,750,000
Sheffield
Receivables
Co
LLC
0
.000
05/12/26
2,746,593
1,000,000
(b)
Simon
Property
Group
LP
0
.000
05/21/26
997,645
625,000
SIMON
PROPERTY
GRP
LP
0
.000
05/22/26
623,457
1,500,000
(b)
Thermo
Fisher
Scientific
Inc
0
.000
06/25/26
1,490,618
500,000
TotalEnergies
Capital
SA
0
.000
07/17/26
495,866
1,250,000
(b)
Toyota
Industries
Commercial
Finance
Inc
0
.000
05/27/26
1,246,482
950,000
Victory
Receivables
Corp
0
.000
05/01/26
949,903
1,000,000
VW
Credit
Inc
0
.000
06/15/26
994,698
TOTAL
COMMERCIAL
PAPER
(Cost
$33,917,357)
33,913,996
Investments
in
Derivatives
10
min
Part
F
of
Form
N-PORT
was
prepared
in
accordance
with
U.S.
generally
accepted
accounting
principles
(“U.S.
GAAP”)
and
in
conformity
with
the
applicable
rules
and
regulations
of
the
U.S.
Securities
and
Exchange
Commission
(“SEC”)
related
to
interim
filings.
Part
F
of
Form
N-PORT
does
not
include
all
information
and
footnotes
required
by
U.S.
GAAP
for
complete
financial
statements.
Certain
footnote
disclosures
normally
included
in
financial
statements
prepared
in
accordance
with
U.S.
GAAP
have
been
condensed
or
omitted
from
this
report
pursuant
to
the
rules
of
the
SEC.
For
a
full
set
of
the
Fund’s
notes
to
financial
statements,
please
refer
to
the
Fund’s
most
recently
filed
annual
or
semi-annual
report.
Fair
Value
Measurements
The
Fund’s
investments
in
securities
are
recorded
at
their
estimated
fair
value
utilizing
valuation
methods
approved
by
the
Board
of
Directors/
Trustees.
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
which
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).
The
following
table
summarizes
the
market
value
of
the
Fund's
investments
as
of
the
end
of
the
reporting
period,
based
on
the
inputs
used
to
value
them:
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
REPURCHASE
AGREEMENTS
-
0.3%
$
510,000
(c)
Fixed
Income
Clearing
Corporation
3
.640
%
05/01/26
$
510,000
TOTAL
REPURCHASE
AGREEMENTS
(Cost
$510,000)
510,000
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
U.S.
TREASURY
-
2.5%
4,000,000
United
States
Treasury
Bill
0
.000
03/18/27
3,873,146
TOTAL
U.S.
TREASURY
(Cost
$3,873,444)
3,873,146
TOTAL
SHORT-TERM
INVESTMENTS
(Cost
$38,300,801)
38,297,142
TOTAL
INVESTMENTS
-
99
.7
%
(Cost
$
156,211,814
)
156,249,588
OTHER
ASSETS
&
LIABILITIES,
NET
-
0.3%
448,535
NET
ASSETS
-
100%
$
156,698,123
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,
when
applicable. For
mortgage-backed
or
asset-backed
securities
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
$39,282,815
or
25.1%
of
Total
Investments.
(c)
Agreement
with
Fixed
Income
Clearing
Corporation,
3.640%
dated
4/30/26
to
be
repurchased
at
$510,052
on
5/1/26,
collateralized
by
Government
Agency
Securities,
with
coupon
rate
3.875%
and
maturity
date
8/31/32,
valued
at
$520,286.
Futures
Contracts
-
Long
Description
Number
of
Contracts
Expiration
Date
Notional
Amount
Value
Unrealized
Appreciation
(Depreciation)
U.S.
Treasury
2-Year
Note
40
6/26
$
8,287,262
$
8,285,000
$
(
2,262
)
Portfolio
of
Investments
April
30,
2026
(continued)
NUSB
NUSB
Level
1
Level
2
Level
3
Total
Long-Term
Investments:
Corporate
Debt
$
–
$
93,607,289
$
–
$
93,607,289
Securitized
–
24,345,157
–
24,345,157
Short-Term
Investments:
Commercial
Paper
–
33,913,996
–
33,913,996
Repurchase
Agreements
–
510,000
–
510,000
U.S.
Treasury
–
3,873,146
–
3,873,146
Investments
in
Derivatives:
Futures
Contracts*
(
2,262
)
–
–
(
2,262
)
Total
$
(
2,262
)
$
156,249,588
$
–
$
156,247,326
a
*
Represents
net
unrealized
appreciation
(depreciation).
Portfolio
of
Investments
April
30,
2026
NHYB
(Unaudited)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
LONG-TERM
INVESTMENTS
-
98.4%
CORPORATE
DEBT
-
97.7%
FINANCIALS
-
11.6%
$
694,000
(a)
Acrisure
LLC
/
Acrisure
Finance
Inc
4.250
%
02/15/29
$
662,850
1,410,000
(a)
Acrisure
LLC
/
Acrisure
Finance
Inc
7.500
11/06/30
1,431,888
767,000
(a)
Acrisure
LLC
/
Acrisure
Finance
Inc
6.750
07/01/32
755,657
633,000
(a)
Alliant
Holdings
Intermediate
LLC
/
Alliant
Holdings
Co-Issuer
4.250
10/15/27
623,213
1,143,000
(a)
Alliant
Holdings
Intermediate
LLC
/
Alliant
Holdings
Co-Issuer
6.750
04/15/28
1,156,078
2,224,000
(a)
Alliant
Holdings
Intermediate
LLC
/
Alliant
Holdings
Co-Issuer
7.000
01/15/31
2,269,799
1,284,000
(a)
Alliant
Holdings
Intermediate
LLC
/
Alliant
Holdings
Co-Issuer
6.500
10/01/31
1,294,977
750,000
(b)
Ally
Financial
Inc
6.700
02/14/33
774,338
609,000
Ally
Financial
Inc
6.646
01/17/40
599,694
801,000
American
National
Group
Inc
7.000
12/01/55
782,760
725,000
(a)
AmWINS
Group
Inc
6.375
02/15/29
733,448
1,118,000
(a)
AmWINS
Group
Inc
4.875
06/30/29
1,081,218
660,000
(a)
APH
Somerset
Investor
2
LLC
/
APH2
Somerset
Investor
2
LLC
/
APH3
Somerset
Inves
7.875
11/01/29
638,979
640,000
(a)
Apollo
Commercial
Real
Estate
Finance
Inc
4.625
06/15/29
639,856
350,000
(a)
Arbor
Realty
SR
Inc
8.500
12/15/28
346,773
693,000
(a)
Arbor
Realty
SR
Inc
7.875
07/15/30
654,641
1,667,000
(a)
Ardonagh
Finco
Ltd
7.750
02/15/31
1,701,810
791,000
(a)
Aretec
Group
Inc
10.000
08/15/30
837,753
830,000
Assurant
Inc
7.000
03/27/48
840,722
4,075,000
(a)
Asurion
LLC/
Asurion
Co-Issuer
Inc
8.000
12/31/32
4,256,700
3,047,000
(a)
Asurion
LLC/
Asurion
Co-Issuer
Inc
8.375
02/01/34
3,006,194
565,000
(a)
Atlanticus
Holdings
Corp
9.750
09/01/30
559,379
460,000
(a)
Azorra
Finance
Ltd
7.750
04/15/30
476,530
1,350,000
(a)
Azorra
Finance
Ltd
6.250
02/15/34
1,297,135
931,000
(a)
Baldwin
Insurance
Group
Holdings
LLC
/
Baldwin
Insurance
Group
Holdings
Finance
7.125
05/15/31
942,621
537,000
BlackRock
TCP
Capital
Corp
6.950
05/30/29
530,952
452,000
(a)
Blackstone
Mortgage
Trust
Inc
3.750
01/15/27
445,311
452,000
Brandywine
Operating
Partnership
LP
3.950
11/15/27
441,055
718,000
Brandywine
Operating
Partnership
LP
8.300
03/15/28
746,460
736,000
Brandywine
Operating
Partnership
LP
8.875
04/12/29
770,293
242,000
Brandywine
Operating
Partnership
LP
6.125
01/15/31
225,226
461,000
(a)
Bread
Financial
Holdings
Inc
8.375
06/15/35
483,424
485,000
(a)
Burford
Capital
Global
Finance
LLC
6.250
04/15/28
472,730
365,000
(a)
Burford
Capital
Global
Finance
LLC
6.875
04/15/30
338,753
1,071,000
(a)
Burford
Capital
Global
Finance
LLC
9.250
07/01/31
997,369
470,000
(a)
Burford
Capital
Global
Finance
LLC
7.500
07/15/33
386,272
275,000
(a)
Burford
Capital
Global
Finance
LLC
8.500
01/15/34
232,375
500,000
Centene
Corp
3.000
10/15/30
449,534
500,000
Centene
Corp
2.500
03/01/31
435,769
2,345,000
Centene
Corp
2.625
08/01/31
2,032,918
1,238,000
(a)
Coinbase
Global
Inc
3.375
10/01/28
1,187,023
1,071,000
(a)
Coinbase
Global
Inc
3.625
10/01/31
938,749
867,000
(a)
Credit
Acceptance
Corp
9.250
12/15/28
904,115
850,000
(a)
CrossCountry
Intermediate
HoldCo
LLC
6.500
10/01/30
835,087
650,000
(a)
CrossCountry
Intermediate
HoldCo
LLC
6.750
12/01/32
628,276
546,000
Diversified
Healthcare
Trust
4.375
03/01/31
491,052
1,360,000
(a)
Dresdner
Funding
Trust
I
8.151
06/30/31
1,472,221
488,000
(a)
EF
Holdco
/
EF
Cayman
Hold
/
Ellington
Fin
REIT
Cayman/TRS
/
EF
Cayman
Non-MTM
7.375
09/30/30
484,873
817,000
(a)
Encore
Capital
Group
Inc
9.250
04/01/29
853,765
559,000
(a)
Encore
Capital
Group
Inc
8.500
05/15/30
596,987
586,000
(a)
Encore
Capital
Group
Inc
6.625
04/15/31
595,566
432,000
(a)
Enova
International
Inc
11.250
12/15/28
456,121
639,000
(a)
Enova
International
Inc
9.125
08/01/29
669,353
719,000
Fidelis
Insurance
Holdings
Ltd
7.750
06/15/55
759,020
500,000
(a)
FirstCash
Inc
4.625
09/01/28
491,591
298,000
(a)
FirstCash
Inc
5.625
01/01/30
296,565
Portfolio
of
Investments
April
30,
2026
(continued)
NHYB
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
FINANCIALS
(continued)
$
787,000
(a)
FirstCash
Inc
6.875
%
03/01/32
$
806,581
290,000
(a)
FirstCash
Inc
6.125
05/01/34
289,311
1,229,000
(a)
Focus
Financial
Partners
LLC
6.750
09/15/31
1,250,317
278,000
(a)
Freedom
Mortgage
Corp
12.250
10/01/30
301,702
1,399,000
(a)
Freedom
Mortgage
Holdings
LLC
9.250
02/01/29
1,449,406
1,000,000
(a)
Freedom
Mortgage
Holdings
LLC
6.875
05/01/31
964,586
1,580,000
(a)
Freedom
Mortgage
Holdings
LLC
9.125
05/15/31
1,636,507
579,000
(a)
Freedom
Mortgage
Holdings
LLC
8.375
04/01/32
587,022
470,000
(a)
Freedom
Mortgage
Holdings
LLC
7.875
04/01/33
458,208
1,000,000
FS
KKR
Capital
Corp
3.125
10/12/28
936,820
1,000,000
FS
KKR
Capital
Corp
6.875
08/15/29
996,864
840,000
(a)
FTAI
Aviation
Investors
LLC
5.500
05/01/28
839,654
998,000
(a)
FTAI
Aviation
Investors
LLC
7.875
12/01/30
1,047,876
221,000
(a)
FTAI
Aviation
Investors
LLC
7.000
06/15/32
228,124
605,000
(a)
FTAI
Aviation
Investors
LLC
5.875
04/15/33
601,592
633,000
(a)
FTAI
Aviation
Ltd
7.000
05/01/31
655,106
854,000
(a)
Genesee
&
Wyoming
Inc
6.250
04/15/32
874,063
385,000
(a)
GFL
Environmental
Holdings
US
Inc
5.500
02/01/34
378,716
479,000
(a)
GGAM
Finance
Ltd
8.000
06/15/28
498,922
700,000
(a)
GGAM
Finance
Ltd
6.875
04/15/29
715,141
481,000
(a)
GGAM
Finance
Ltd
5.875
03/15/30
484,545
3,173,000
(a)
Global
Aircraft
Leasing
Co
Ltd
8.750
09/01/27
3,218,409
726,000
(a)
Global
Atlantic
Fin
Co
7.950
10/15/54
728,055
443,000
(a)
Global
Atlantic
Fin
Co
7.250
03/01/56
436,649
723,000
(a)
goeasy
Ltd
9.250
12/01/28
683,699
479,000
(a)
goeasy
Ltd
7.625
07/01/29
429,265
431,000
(a)
goeasy
Ltd
6.875
05/15/30
363,963
471,000
(a)
goeasy
Ltd
7.375
10/01/30
400,763
455,000
(a)
goeasy
Ltd
6.875
02/15/31
377,970
582,000
(a)
Greystar
Real
Estate
Partners
LLC
7.750
09/01/30
606,315
303,000
HA
Sustainable
Infrastructure
Capital
Inc
8.000
06/01/56
321,635
125,000
HA
Sustainable
Infrastructure
Capital
Inc
7.125
11/15/56
126,185
692,000
(a)
Howard
Hughes
Corp/The
4.375
02/01/31
647,951
1,000,000
(a)
Howard
Hughes
Corp/The
5.875
03/01/32
978,393
1,633,000
(a)
Howden
UK
Refinance
PLC
/
Howden
UK
Refinance
2
PLC
/
Howden
US
Refinance
LLC
7.250
02/15/31
1,643,902
981,000
(a)
HUB
International
Ltd
5.625
12/01/29
968,679
3,045,000
(a)
HUB
International
Ltd
7.250
06/15/30
3,149,964
2,829,000
(a)
HUB
International
Ltd
7.375
01/31/32
2,897,946
570,000
Hudson
Pacific
Properties
LP
3.950
11/01/27
551,600
391,000
Hudson
Pacific
Properties
LP
5.950
02/15/28
381,001
797,000
Hudson
Pacific
Properties
LP
4.650
04/01/29
713,239
423,000
Hudson
Pacific
Properties
LP
3.250
01/15/30
360,425
500,000
Humana
Inc
6.625
09/15/56
492,676
774,000
(a)
Hunt
Cos
Inc
5.250
04/15/29
749,805
1,525,000
Icahn
Enterprises
LP
/
Icahn
Enterprises
Finance
Corp
5.250
05/15/27
1,510,371
1,363,000
Icahn
Enterprises
LP
/
Icahn
Enterprises
Finance
Corp
9.750
01/15/29
1,369,936
740,000
Icahn
Enterprises
LP
/
Icahn
Enterprises
Finance
Corp
4.375
02/01/29
648,666
1,089,000
(a)
Icahn
Enterprises
LP
/
Icahn
Enterprises
Finance
Corp
10.000
11/15/29
1,098,506
745,000
Icahn
Enterprises
LP
/
Icahn
Enterprises
Finance
Corp
9.000
06/15/30
717,495
958,000
(a)
Jane
Street
Group
/
JSG
Finance
Inc
4.500
11/15/29
930,424
1,498,000
(a)
Jane
Street
Group
/
JSG
Finance
Inc
7.125
04/30/31
1,553,083
2,375,000
(a)
Jane
Street
Group
/
JSG
Finance
Inc
6.125
11/01/32
2,387,486
2,390,000
(a)
Jane
Street
Group
/
JSG
Finance
Inc
6.750
05/01/33
2,455,273
1,057,000
(a)
Jefferies
Finance
LLC
/
JFIN
Co-Issuer
Corp
5.000
08/15/28
1,014,022
810,000
(a)
Jefferies
Finance
LLC
/
JFIN
Co-Issuer
Corp
6.625
10/15/31
790,357
423,000
(a)
Jefferson
Capital
Holdings
LLC
9.500
02/15/29
445,102
735,000
(a)
Jefferson
Capital
Holdings
LLC
8.250
05/15/30
769,226
608,000
Jones
Deslauriers
Insurance
Management
Inc
8.500
03/15/30
626,733
616,000
Kennedy-Wilson
Inc
4.750
03/01/29
609,261
716,000
Kennedy-Wilson
Inc
4.750
02/01/30
704,315
840,000
Kennedy-Wilson
Inc
5.000
03/01/31
836,615
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
FINANCIALS
(continued)
$
530,000
(a)
LFS
Topco
LLC
8.750
%
07/15/30
$
512,125
284,000
(a)
Liberty
Mutual
Group
Inc
7.800
03/15/37
316,079
499,000
(a)
Liberty
Mutual
Group
Inc
4.125
12/15/51
493,545
891,000
(a)
Liberty
Mutual
Group
Inc
4.300
02/01/61
565,757
878,000
(a)
Molina
Healthcare
Inc
4.375
06/15/28
865,627
785,000
(a)
Molina
Healthcare
Inc
3.875
11/15/30
727,442
618,000
(a)
Molina
Healthcare
Inc
6.500
02/15/31
628,784
1,138,000
(a)
Molina
Healthcare
Inc
3.875
05/15/32
1,021,435
1,051,000
(a)
Molina
Healthcare
Inc
6.250
01/15/33
1,049,894
1,827,000
(a)
MPT
Operating
Partnership
LP
/
MPT
Finance
Corp
8.500
02/15/32
1,898,069
565,000
(a)
Nassau
Cos
of
New
York/The
7.875
07/15/30
527,078
358,000
Navient
Corp
5.000
03/15/27
355,696
1,746,000
Navient
Corp
4.875
03/15/28
1,702,257
605,000
Navient
Corp
5.500
03/15/29
581,481
410,000
Navient
Corp
9.375
07/25/30
425,468
267,000
Navient
Corp
11.500
03/15/31
286,553
600,000
Navient
Corp
7.875
06/15/32
577,550
316,000
Navient
Corp
5.625
08/01/33
268,933
611,000
OneMain
Finance
Corp
3.500
01/15/27
603,130
677,000
OneMain
Finance
Corp
6.625
01/15/28
686,596
562,000
OneMain
Finance
Corp
3.875
09/15/28
543,447
994,000
OneMain
Finance
Corp
6.625
05/15/29
1,011,132
1,630,000
OneMain
Finance
Corp
5.375
11/15/29
1,606,769
741,000
OneMain
Finance
Corp
7.875
03/15/30
772,482
766,000
OneMain
Finance
Corp
6.125
05/15/30
765,733
959,000
OneMain
Finance
Corp
4.000
09/15/30
882,106
908,000
OneMain
Finance
Corp
7.500
05/15/31
930,935
1,039,000
OneMain
Finance
Corp
7.125
11/15/31
1,053,597
745,000
OneMain
Finance
Corp
6.750
03/15/32
744,785
931,000
OneMain
Finance
Corp
7.125
09/15/32
944,087
878,000
OneMain
Finance
Corp
6.500
03/15/33
859,937
335,000
OneMain
Finance
Corp
6.750
09/15/33
329,505
838,000
(a)
Osaic
Holdings
Inc
6.750
08/01/32
851,151
600,000
(a),(c)
Oxford
Finance
LLC
/
Oxford
Finance
Co-Issuer
II
Inc
7.750
05/15/31
596,999
3,719,000
(a)
Panther
Escrow
Issuer
LLC
7.125
06/01/31
3,736,415
529,000
(a)
Park
Intermediate
Holdings
LLC
/
PK
Domestic
Property
LLC
/
PK
Finance
Co-Issuer
5.875
10/01/28
527,734
806,000
(a)
Park
Intermediate
Holdings
LLC
/
PK
Domestic
Property
LLC
/
PK
Finance
Co-Issuer
4.875
05/15/29
784,031
1,128,000
(a)
Park
Intermediate
Holdings
LLC
/
PK
Domestic
Property
LLC
/
PK
Finance
Co-Issuer
7.000
02/01/30
1,151,612
489,000
(a)
Pebblebrook
Hotel
LP
/
PEB
Finance
Corp
6.375
10/15/29
496,914
600,000
(a)
PennyMac
Financial
Services
Inc
4.250
02/15/29
573,300
674,000
(a)
PennyMac
Financial
Services
Inc
7.875
12/15/29
699,319
668,000
(a)
PennyMac
Financial
Services
Inc
7.125
11/15/30
676,784
1,213,000
(a)
PennyMac
Financial
Services
Inc
5.750
09/15/31
1,154,345
1,190,000
(a)
PennyMac
Financial
Services
Inc
6.875
05/15/32
1,176,939
855,000
(a)
PennyMac
Financial
Services
Inc
6.875
02/15/33
840,767
728,000
(a)
PennyMac
Financial
Services
Inc
6.750
02/15/34
704,583
821,000
(a)
Phoenix
Aviation
Capital
Ltd
9.250
07/15/30
837,878
678,000
(a)
Planet
Financial
Group
LLC
10.500
12/15/29
658,958
531,000
Popular
Inc
7.250
03/13/28
550,151
529,000
(a)
PRA
Group
Inc
8.375
02/01/28
537,356
300,000
(a)
PRA
Group
Inc
5.000
10/01/29
284,815
726,000
(a)
PRA
Group
Inc
8.875
01/31/30
751,189
548,000
(a)
PROG
Holdings
Inc
6.000
11/15/29
535,434
348,000
Prospect
Capital
Corp
3.437
10/15/28
309,083
438,000
(a)
Provident
Funding
Associates
LP
/
PFG
Finance
Corp
9.750
09/15/29
456,129
325,000
RHP
Hotel
Properties
LP
/
RHP
Finance
Corp
7.250
07/15/28
332,562
969,000
(a)
RHP
Hotel
Properties
LP
/
RHP
Finance
Corp
4.500
02/15/29
952,604
566,000
(a)
RHP
Hotel
Properties
LP
/
RHP
Finance
Corp
6.500
04/01/32
580,779
752,000
(a)
RHP
Hotel
Properties
LP
/
RHP
Finance
Corp
6.500
06/15/33
774,570
Portfolio
of
Investments
April
30,
2026
(continued)
NHYB
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
FINANCIALS
(continued)
$
190,000
(a)
RHP
Hotel
Properties
LP
/
RHP
Finance
Corp
5.750
%
03/15/34
$
188,862
990,000
(a)
Rithm
Capital
Corp
8.000
04/01/29
994,554
572,000
(a)
Rithm
Capital
Corp
8.000
07/15/30
572,416
585,000
(a)
Rocket
Cos
Inc
6.500
08/01/29
595,933
1,954,000
(a)
Rocket
Cos
Inc
6.125
08/01/30
1,982,988
961,000
(a)
Rocket
Cos
Inc
7.125
02/01/32
993,314
2,346,000
(a)
Rocket
Cos
Inc
6.375
08/01/33
2,374,610
664,000
(a)
Rocket
Mortgage
LLC
/
Rocket
Mortgage
Co-Issuer
Inc
3.625
03/01/29
637,286
2,345,000
(a)
Rocket
Mortgage
LLC
/
Rocket
Mortgage
Co-Issuer
Inc
3.875
03/01/31
2,177,095
1,230,000
(a)
Rocket
Mortgage
LLC
/
Rocket
Mortgage
Co-Issuer
Inc
4.000
10/15/33
1,108,196
436,000
(a)
Ryan
Specialty
LLC
4.375
02/01/30
423,112
1,629,000
(a)
Ryan
Specialty
LLC
5.875
08/01/32
1,628,750
1,135,000
(a)
Service
Properties
Trust
8.625
11/15/31
1,194,357
1,022,000
Service
Properties
Trust
8.875
06/15/32
1,048,764
624,000
SLM
Corp
6.500
01/31/30
629,988
1,004,000
(a)
Starwood
Property
Trust
Inc
5.250
10/15/28
999,200
641,000
(a)
Starwood
Property
Trust
Inc
7.250
04/01/29
664,241
587,000
(a)
Starwood
Property
Trust
Inc
6.000
04/15/30
593,860
578,000
(a)
Starwood
Property
Trust
Inc
6.500
07/01/30
592,188
677,000
(a)
Starwood
Property
Trust
Inc
6.500
10/15/30
696,298
606,000
(a)
Starwood
Property
Trust
Inc
5.750
01/15/31
605,407
466,000
(a)
Stonebriar
ABF
Issuer
LLC
8.125
12/15/30
489,506
846,000
(a)
Stonex
Escrow
Issuer
LLC
6.875
07/15/32
874,718
657,000
(a)
StoneX
Group
Inc
7.875
03/01/31
691,777
1,064,000
Synchrony
Financial
7.250
02/02/33
1,103,016
335,000
(a)
TrueNoord
Capital
DAC
8.750
03/01/30
341,569
419,000
(a)
United
Wholesale
Mortgage
LLC
5.750
06/15/27
417,255
674,000
(a)
United
Wholesale
Mortgage
LLC
5.500
04/15/29
643,100
1,182,000
(a)
UWM
Holdings
LLC
6.250
03/15/31
1,096,130
677,000
(a)
VFH
Parent
LLC
/
Valor
Co-Issuer
Inc
7.500
06/15/31
710,950
512,000
Vornado
Realty
LP
3.400
06/01/31
465,334
545,000
Vornado
Realty
LP
5.750
02/01/33
545,924
320,000
(a)
Walker
&
Dunlop
Inc
6.625
04/01/33
318,227
561,000
(a),(d)
Wilton
RE
Ltd
6.000
N/A
542,375
569,000
(a)
XHR
LP
4.875
06/01/29
558,478
543,000
(a)
XHR
LP
6.625
05/15/30
555,600
TOTAL
FINANCIALS
180,836,034
INDUSTRIAL
-
82.6%
1,455,000
(a)
1011778
BC
ULC
/
New
Red
Finance
Inc
3.875
01/15/28
1,427,927
651,000
(a)
1011778
BC
ULC
/
New
Red
Finance
Inc
4.375
01/15/28
642,792
874,000
(a)
1011778
BC
ULC
/
New
Red
Finance
Inc
3.500
02/15/29
842,132
1,383,000
(a)
1011778
BC
ULC
/
New
Red
Finance
Inc
6.125
06/15/29
1,407,395
1,270,000
(a)
1011778
BC
ULC
/
New
Red
Finance
Inc
5.625
09/15/29
1,281,396
3,873,000
(a)
1011778
BC
ULC
/
New
Red
Finance
Inc
4.000
10/15/30
3,684,611
6,860,000
(a)
1261229
BC
Ltd
10.000
04/15/32
7,084,857
600,000
(a),(c)
A&K
Travel
Group
Holdings
Ltd
7.500
05/15/33
602,957
1,065,000
(a)
AAR
Escrow
Issuer
LLC
6.750
03/15/29
1,097,113
421,000
(a)
Academy
Ltd
6.000
11/15/27
421,002
558,000
(a)
Acadia
Healthcare
Co
Inc
5.500
07/01/28
555,178
855,000
(a)
Acadia
Healthcare
Co
Inc
5.000
04/15/29
836,639
684,000
(a),(b)
Acadia
Healthcare
Co
Inc
7.375
03/15/33
699,658
666,000
(a)
ACCO
Brands
Corp
4.250
03/15/29
594,731
618,000
(a)
Acushnet
Co
5.625
12/01/33
620,871
439,000
(a)
Adams
Homes
Inc
9.250
10/15/28
453,794
370,000
(a)
Adapthealth
LLC
6.125
08/01/28
369,930
620,000
(a)
Adapthealth
LLC
4.625
08/01/29
600,368
765,000
(a)
Adapthealth
LLC
5.125
03/01/30
743,963
230,000
(a)
Adient
Global
Holdings
Ltd
7.000
04/15/28
234,002
919,000
(a)
Adient
Global
Holdings
Ltd
8.250
04/15/31
958,642
1,043,000
(a)
Adient
Global
Holdings
Ltd
7.500
02/15/33
1,066,931
1,015,000
(a)
ADT
Security
Corp/The
4.125
08/01/29
976,138
1,430,000
(a)
ADT
Security
Corp/The
4.875
07/15/32
1,361,887
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
INDUSTRIAL
(continued)
$
931,000
(a)
ADT
Security
Corp/The
5.875
%
10/15/33
$
917,172
368,000
Advance
Auto
Parts
Inc
1.750
10/01/27
351,356
341,000
Advance
Auto
Parts
Inc
5.950
03/09/28
346,886
412,000
Advance
Auto
Parts
Inc
3.900
04/15/30
386,451
1,239,000
(a)
Advance
Auto
Parts
Inc
7.000
08/01/30
1,278,123
544,000
Advance
Auto
Parts
Inc
3.500
03/15/32
478,271
1,263,000
(a)
Advance
Auto
Parts
Inc
7.375
08/01/33
1,303,201
627,000
(a)
Advanced
Drainage
Systems
Inc
6.375
06/15/30
636,003
380,000
(a)
Advanced
Drainage
Systems
Inc
5.375
03/01/34
374,629
544,000
(a)
Advantage
Sales
&
Marketing
Inc
9.000
11/15/30
434,224
1,852,000
(a)
AECOM
6.000
08/01/33
1,867,118
1,583,000
(a)
Aethon
United
BR
LP
/
Aethon
United
Finance
Corp
7.500
10/01/29
1,653,755
325,000
(a)
Africell
Holding
Ltd
10.500
10/23/29
326,992
250,000
(a)
Ahlstrom
Holding
3
Oy
4.875
02/04/28
244,877
548,000
(a)
AHP
Health
Partners
Inc
5.750
07/15/29
543,062
215,000
(a)
Albertsons
Cos
Inc
/
Safeway
Inc
/
New
Albertsons
LP
/
Albertsons
LLC
6.500
02/15/28
217,552
1,574,000
(a)
Albertsons
Cos
Inc
/
Safeway
Inc
/
New
Albertsons
LP
/
Albertsons
LLC
3.500
03/15/29
1,501,029
1,271,000
(a)
Albertsons
Cos
Inc
/
Safeway
Inc
/
New
Albertsons
LP
/
Albertsons
LLC
4.875
02/15/30
1,244,142
850,000
(a)
Albertsons
Cos
Inc
/
Safeway
Inc
/
New
Albertsons
LP
/
Albertsons
LLC
5.500
03/31/31
845,278
2,550,000
(a)
Albertsons
Cos
Inc
/
Safeway
Inc
/
New
Albertsons
LP
/
Albertsons
LLC
5.625
03/31/32
2,515,616
820,000
(a)
Albertsons
Cos
Inc
/
Safeway
Inc
/
New
Albertsons
LP
/
Albertsons
LLC
6.250
03/15/33
827,275
1,632,000
(a)
Albertsons
Cos
Inc
/
Safeway
Inc
/
New
Albertsons
LP
/
Albertsons
LLC
5.750
03/31/34
1,588,781
1,724,000
(a)
Albion
Financing
1
SARL
/
Aggreko
Holdings
Inc
7.000
05/21/30
1,780,892
457,000
(a)
Alcoa
Nederland
Holding
BV
4.125
03/31/29
444,137
1,077,000
(a)
Alcoa
Nederland
Holding
BV
7.125
03/15/31
1,108,315
711,000
(a)
Algoma
Steel
Inc
9.125
04/15/29
660,274
475,000
(a)
Allegiant
Travel
Co
7.250
08/15/27
476,581
437,000
(a)
Alliance
Resource
Operating
Partners
LP
/
Alliance
Resource
Finance
Corp
8.625
06/15/29
456,423
2,723,000
(a)
Allied
Universal
Holdco
LLC
7.875
02/15/31
2,856,078
1,668,000
(a)
Allied
Universal
Holdco
LLC
/
Allied
Universal
Finance
Corp
6.875
06/15/30
1,716,124
864,000
(a)
Allied
Universal
Holdco
LLC/Allied
Universal
Finance
Corp/Atlas
Luxco
4
Sarl
4.625
06/01/28
851,081
1,327,000
(a)
Allied
Universal
Holdco
LLC/Allied
Universal
Finance
Corp/Atlas
Luxco
4
Sarl
4.625
06/01/28
1,308,146
499,000
(a)
Allison
Transmission
Inc
4.750
10/01/27
498,106
450,000
(a)
Allison
Transmission
Inc
5.875
06/01/29
454,216
1,334,000
(a)
Allison
Transmission
Inc
3.750
01/30/31
1,253,442
675,000
(a)
Allison
Transmission
Inc
5.875
12/01/33
681,450
500,000
(a)
Allwyn
Entertainment
Financing
UK
PLC
7.875
04/30/29
514,847
709,000
(a)
Alumina
Pty
Ltd
6.125
03/15/30
724,713
701,000
(a)
Alumina
Pty
Ltd
6.375
09/15/32
720,741
1,844,000
(a)
AMC
Global
Media
Inc
10.500
07/15/32
1,900,923
311,000
(a)
Amentum
Holdings
Inc
7.250
08/01/32
321,919
816,000
(a)
American
Airlines
Inc
7.250
02/15/28
826,950
3,800,000
(a)
American
Airlines
Inc/AAdvantage
Loyalty
IP
Ltd2022
1
5.750
04/20/29
3,802,233
117,000
American
Axle
&
Manufacturing
Inc
6.875
07/01/28
117,135
1,336,000
American
Axle
&
Manufacturing
Inc
5.000
10/01/29
1,298,179
1,187,000
(a)
American
Axle
&
Manufacturing
Inc
6.375
10/15/32
1,184,879
1,344,000
(a)
American
Axle
&
Manufacturing
Inc
7.750
10/15/33
1,312,184
715,000
(a)
American
Builders
&
Contractors
Supply
Co
Inc
4.000
01/15/28
706,194
244,000
AmeriGas
Partners
LP
/
AmeriGas
Finance
Corp
5.750
05/20/27
245,169
1,595,000
(a)
AmeriGas
Partners
LP
/
AmeriGas
Finance
Corp
9.375
06/01/28
1,636,392
456,000
(a)
AmeriGas
Partners
LP
/
AmeriGas
Finance
Corp
9.500
06/01/30
486,900
923,000
(a)
Ameritex
Holdco
Intermediate
LLC
7.625
08/15/33
959,448
617,000
(a)
Amkor
Technology
Inc
5.875
10/01/33
620,353
Portfolio
of
Investments
April
30,
2026
(continued)
NHYB
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
INDUSTRIAL
(continued)
$
317,000
(a)
AMN
Healthcare
Inc
4.000
%
04/15/29
$
303,022
592,000
(a)
AMN
Healthcare
Inc
6.500
01/15/31
589,919
784,000
(a)
Amneal
Pharmaceuticals
LLC
6.875
08/01/32
814,214
1,616,000
(a)
ams-OSRAM
AG
12.250
03/30/29
1,725,557
562,000
(a)
Amsted
Industries
Inc
4.625
05/15/30
544,869
643,000
(a)
Amsted
Industries
Inc
6.375
03/15/33
654,132
593,000
(a)
Angi
Group
LLC
3.875
08/15/28
542,595
579,000
(a)
Antero
Midstream
Partners
LP
/
Antero
Midstream
Finance
Corp
5.750
01/15/28
578,922
1,105,000
(a)
Antero
Midstream
Partners
LP
/
Antero
Midstream
Finance
Corp
5.375
06/15/29
1,103,879
755,000
(a)
Antero
Midstream
Partners
LP
/
Antero
Midstream
Finance
Corp
6.625
02/01/32
774,228
836,000
(a)
Antero
Midstream
Partners
LP
/
Antero
Midstream
Finance
Corp
5.750
10/15/33
834,347
750,000
(a)
Antero
Midstream
Partners
LP
/
Antero
Midstream
Finance
Corp
5.750
07/01/34
748,067
949,000
(a)
Anywhere
Real
Estate
Group
LLC
/
Anywhere
Co-Issuer
Corp
7.000
04/15/30
949,176
579,000
(a)
Anywhere
Real
Estate
Group
LLC
/
Realogy
Co-Issuer
Corp
9.750
04/15/30
618,298
384,000
(a)
APi
Group
DE
Inc
4.125
07/15/29
374,232
587,000
(a)
APi
Group
DE
Inc
4.750
10/15/29
575,200
715,000
(a)
APLD
ComputeCo
2
LLC
6.750
03/15/31
707,889
2,590,000
(a)
APLD
COMPUTECO
LLC
9.250
12/15/30
2,783,952
1,296,000
(a)
Aramark
Services
Inc
5.000
02/01/28
1,293,389
1,374,000
(a)
Arches
Buyer
Inc
4.250
06/01/28
1,344,675
861,000
(a)
Archrock
Partners
LP
/
Archrock
Partners
Finance
Corp
6.625
09/01/32
885,932
1,000,000
(a)
Archrock
Services/Partners
6.000
02/01/34
1,006,516
391,000
(a)
Arcosa
Inc
4.375
04/15/29
381,397
849,000
(a)
Arcosa
Inc
6.875
08/15/32
881,823
2,485,000
(a)
Ardagh
Group
SA
9.500
12/01/30
2,635,064
885,000
(a)
Ardagh
Metal
Packaging
Finance
USA
LLC
/
Ardagh
Metal
Packaging
Finance
PLC
3.250
09/01/28
846,244
400,000
(a)
Ardagh
Metal
Packaging
Finance
USA
LLC
/
Ardagh
Metal
Packaging
Finance
PLC
6.250
01/30/31
402,722
382,000
(a)
Arsenal
AIC
Parent
LLC
8.000
10/01/30
399,359
2,692,000
(a)
Arsenal
AIC
Parent
LLC
11.500
10/01/31
2,912,233
284,000
Asbury
Automotive
Group
Inc
4.500
03/01/28
281,203
919,000
(a)
Asbury
Automotive
Group
Inc
4.625
11/15/29
894,379
163,000
Asbury
Automotive
Group
Inc
4.750
03/01/30
158,743
651,000
(a)
Asbury
Automotive
Group
Inc
5.000
02/15/32
624,263
225,000
(a)
Ascent
Resources
Utica
Holdings
LLC
/
ARU
Finance
Corp
9.000
11/01/27
258,187
658,000
(a)
Ascent
Resources
Utica
Holdings
LLC
/
ARU
Finance
Corp
5.875
06/30/29
658,840
872,000
(a)
Ascent
Resources
Utica
Holdings
LLC
/
ARU
Finance
Corp
6.625
10/15/32
894,818
668,000
(a)
Ascent
Resources
Utica
Holdings
LLC
/
ARU
Finance
Corp
6.625
07/15/33
686,301
750,000
(a)
ASGN
Inc
4.625
05/15/28
701,055
474,000
(a)
Ashland
Inc
3.375
09/01/31
422,810
440,000
Ashland
Inc
6.875
05/15/43
433,947
431,000
(a)
Ashton
Woods
USA
LLC
/
Ashton
Woods
Finance
Co
4.625
08/01/29
412,539
529,000
(a)
Ashton
Woods
USA
LLC
/
Ashton
Woods
Finance
Co
4.625
04/01/30
503,659
642,000
(a)
Ashton
Woods
USA
LLC
/
Ashton
Woods
Finance
Co
6.875
08/01/33
629,919
310,000
ATI
Inc
5.875
12/01/27
310,320
397,000
ATI
Inc
4.875
10/01/29
394,322
580,000
ATI
Inc
7.250
08/15/30
604,057
652,000
ATI
Inc
5.125
10/01/31
649,479
508,000
(a)
Atkore
Inc
4.250
06/01/31
484,486
1,075,000
(a)
ATP
Tower
Holdings
/
Andean
Telecom
Partners
Chile
SpA
/
Andean
Tower
Partners
C
7.875
02/03/30
1,099,489
419,000
(a)
ATS
Corp
4.125
12/15/28
409,092
1,774,000
(a)
Avantor
Funding
Inc
4.625
07/15/28
1,748,438
365,000
(a)
Avantor
Funding
Inc
3.875
11/01/29
346,973
675,000
(a)
Avient
Corp
7.125
08/01/30
687,474
959,000
(a)
Avient
Corp
6.250
11/01/31
972,928
131,000
(a)
Avis
Budget
Car
Rental
LLC
/
Avis
Budget
Finance
Inc
5.750
07/15/27
130,924
410,000
(a)
Avis
Budget
Car
Rental
LLC
/
Avis
Budget
Finance
Inc
5.750
07/15/27
409,646
449,000
(a)
Avis
Budget
Car
Rental
LLC
/
Avis
Budget
Finance
Inc
4.750
04/01/28
438,350
616,000
(a)
Avis
Budget
Car
Rental
LLC
/
Avis
Budget
Finance
Inc
5.375
03/01/29
598,546
1,927,000
(a)
Avis
Budget
Car
Rental
LLC
/
Avis
Budget
Finance
Inc
8.250
01/15/30
1,978,567
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
INDUSTRIAL
(continued)
$
570,000
(a),(b)
Avis
Budget
Car
Rental
LLC
/
Avis
Budget
Finance
Inc
8.375
%
06/15/32
$
573,060
1,029,000
(a)
Axalta
Coating
Systems
Dutch
Holding
B
BV
7.250
02/15/31
1,068,502
623,000
(a)
Axalta
Coating
Systems
LLC
3.375
02/15/29
593,220
383,000
(a)
Axalta
Coating
Systems
LLC
/
Axalta
Coating
Systems
Dutch
Holding
B
BV
4.750
06/15/27
381,254
1,219,000
(a)
Axon
Enterprise
Inc
6.125
03/15/30
1,246,447
973,000
(a)
Axon
Enterprise
Inc
6.250
03/15/33
998,455
951,000
(a)
B&G
Foods
Inc
8.000
09/15/28
942,535
1,025,000
Ball
Corp
6.000
06/15/29
1,042,778
1,559,000
Ball
Corp
2.875
08/15/30
1,418,102
1,126,000
Ball
Corp
3.125
09/15/31
1,020,959
1,103,000
Ball
Corp
5.500
09/15/33
1,105,933
430,000
(a)
Banijay
Entertainment
SAS
8.125
05/01/29
443,834
333,000
Bath
&
Body
Works
Inc
5.250
02/01/28
333,754
261,000
Bath
&
Body
Works
Inc
7.500
06/15/29
264,874
1,567,000
(a)
Bath
&
Body
Works
Inc
6.625
10/01/30
1,588,057
489,000
Bath
&
Body
Works
Inc
6.950
03/01/33
475,213
860,000
Bath
&
Body
Works
Inc
6.875
11/01/35
848,354
737,000
Bath
&
Body
Works
Inc
6.750
07/01/36
716,731
1,684,000
(a)
Bausch
+
Lomb
Corp
8.375
10/01/28
1,738,730
643,000
(a)
BCPE
Flavor
Debt
Merger
Sub
LLC
and
BCPE
Flavor
Issuer
Inc
9.500
07/01/32
560,834
687,000
(a)
Beacon
Mobility
Corp
7.250
08/01/30
715,354
231,000
(b)
Beazer
Homes
USA
Inc
5.875
10/15/27
230,684
576,000
Beazer
Homes
USA
Inc
7.250
10/15/29
583,476
339,000
(a)
Beazer
Homes
USA
Inc
7.500
03/15/31
337,599
1,530,000
Bell
Telephone
Co
of
Canada
or
Bell
Canada
6.875
09/15/55
1,569,703
1,859,000
Bell
Telephone
Co
of
Canada
or
Bell
Canada
7.000
09/15/55
1,929,179
1,010,000
(a)
BellRing
Brands
Inc
7.000
03/15/30
1,025,650
1,355,000
(a)
Belron
UK
Finance
PLC
5.750
10/15/29
1,368,606
220,000
(a)
BioMarin
Pharmaceutical
Inc
5.500
01/31/34
218,453
2,655,000
(a)
Black
Pearl
Compute
LLC
6.125
02/15/31
2,693,731
1,220,000
(a)
Block
Communications
Inc
10.250
03/01/31
1,129,559
1,319,000
(a)
Block
Inc
5.625
08/15/30
1,320,331
1,306,000
Block
Inc
3.500
06/01/31
1,186,012
2,641,000
Block
Inc
6.500
05/15/32
2,691,321
1,192,000
(a)
Block
Inc
6.000
08/15/33
1,189,699
380,000
(a)
Bloomin'
Brands
Inc
/
OSI
Restaurant
Partners
LLC
5.125
04/15/29
342,451
650,000
(a)
Blue
Racer
Midstream
LLC
/
Blue
Racer
Finance
Corp
7.000
07/15/29
673,221
532,000
(a)
Blue
Racer
Midstream
LLC
/
Blue
Racer
Finance
Corp
7.250
07/15/32
556,502
408,000
(a)
BlueLinx
Holdings
Inc
6.000
11/15/29
396,238
548,000
(a)
Boise
Cascade
Co
4.875
07/01/30
539,189
200,000
(a)
Bombardier
Inc
7.500
02/01/29
207,758
2,433,000
(a)
Bombardier
Inc
8.750
11/15/30
2,583,153
825,000
(a)
Bombardier
Inc
7.250
07/01/31
868,056
931,000
(a)
Bombardier
Inc
7.000
06/01/32
971,819
868,000
(a)
Bombardier
Inc
6.750
06/15/33
905,066
674,000
(a)
Bombardier
Inc
7.450
05/01/34
741,287
1,874,000
(a)
Borr
IHC
Ltd
/
Borr
Finance
LLC
10.000
11/15/28
1,957,723
738,000
(a)
Borr
IHC
Ltd
/
Borr
Finance
LLC
10.375
11/15/30
773,687
1,091,000
Boyd
Gaming
Corp
4.750
12/01/27
1,086,101
1,180,000
(a)
Boyd
Gaming
Corp
4.750
06/15/31
1,137,256
797,000
(a)
Boyne
USA
Inc
4.750
05/15/29
779,124
850,000
(a)
Breakwater
Energy
Holdings
Sarl
9.250
11/15/30
905,237
1,119,000
(a)
Brightstar
Lottery
PLC
5.250
01/15/29
1,114,183
750,000
(a)
Brightstar
Lottery
PLC/
Brightstar
Global
Solutions
Corp
5.750
01/15/33
735,367
448,000
(a)
Brinker
International
Inc
8.250
07/15/30
468,579
554,000
(a)
Brink's
Co/The
4.625
10/15/27
551,349
541,000
(a)
Brink's
Co/The
6.500
06/15/29
553,484
597,000
(a)
Brink's
Co/The
6.750
06/15/32
612,477
1,000,000
(a)
Bristow
Group
Inc
6.750
02/01/33
1,017,588
547,000
(a)
British
Telecommunications
PLC
4.250
11/23/81
542,266
617,000
(a)
British
Telecommunications
PLC
4.875
11/23/81
594,126
Portfolio
of
Investments
April
30,
2026
(continued)
NHYB
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
INDUSTRIAL
(continued)
$
786,000
(a)
Brookfield
Residential
Properties
Inc
/
Brookfield
Residential
US
LLC
6.250
%
09/15/27
$
786,188
494,000
(a)
Brookfield
Residential
Properties
Inc
/
Brookfield
Residential
US
LLC
5.000
06/15/29
475,808
539,000
(a)
Brookfield
Residential
Properties
Inc
/
Brookfield
Residential
US
LLC
4.875
02/15/30
505,329
508,000
(a)
Brundage-Bone
Concrete
Pumping
Holdings
Inc
7.500
02/01/32
516,280
273,000
Buckeye
Partners
LP
4.125
12/01/27
268,385
460,000
(a)
Buckeye
Partners
LP
4.500
03/01/28
455,762
579,000
(a)
Buckeye
Partners
LP
6.875
07/01/29
597,822
1,107,000
(a)
Buckeye
Partners
LP
6.750
02/01/30
1,145,175
457,000
Buckeye
Partners
LP
5.850
11/15/43
418,571
509,000
Buckeye
Partners
LP
5.600
10/15/44
451,798
683,000
(a)
Builders
FirstSource
Inc
5.000
03/01/30
668,392
1,445,000
(a)
Builders
FirstSource
Inc
4.250
02/01/32
1,340,435
976,000
(a)
Builders
FirstSource
Inc
6.375
06/15/32
982,802
1,197,000
(a)
Builders
FirstSource
Inc
6.375
03/01/34
1,191,060
1,140,000
(a)
Builders
FirstSource
Inc
6.750
05/15/35
1,151,262
422,000
(a)
BWX
Technologies
Inc
4.125
06/30/28
415,169
557,000
(a)
BWX
Technologies
Inc
4.125
04/15/29
541,124
793,000
(a)
Cable
One
Inc
4.000
11/15/30
552,958
1,175,000
(a)
CACI
International
Inc
6.375
06/15/33
1,202,088
1,179,000
(a),(b)
Caesars
Entertainment
Inc
4.625
10/15/29
1,137,950
2,143,000
(a)
Caesars
Entertainment
Inc
7.000
02/15/30
2,175,581
2,165,000
(a)
Caesars
Entertainment
Inc
6.500
02/15/32
2,103,633
1,582,000
(a)
Caesars
Entertainment
Inc
6.000
10/15/32
1,417,840
616,000
(a)
Calderys
Financing
LLC
11.250
06/01/28
633,895
730,000
(a)
California
Resources
Corp
8.250
06/15/29
761,200
893,000
(a)
California
Resources
Corp
7.000
01/15/34
911,245
248,000
(a)
Capstone
Borrower
Inc
8.000
06/15/30
239,229
1,426,000
(a)
Carnival
Corp
5.125
05/01/29
1,421,726
1,024,000
(a)
Carnival
Corp
5.750
03/15/30
1,038,852
1,174,000
(a)
Carnival
Corp
5.875
06/15/31
1,190,699
3,824,000
(a)
Carnival
Corp
5.750
08/01/32
3,843,227
2,792,000
(a)
Carnival
Corp
6.125
02/15/33
2,832,930
280,000
(a)
Carpenter
Technology
Corp
5.625
03/01/34
280,169
491,000
(a)
Carriage
Services
Inc
4.250
05/15/29
475,356
417,000
(a)
Cars.com
Inc
6.375
11/01/28
409,955
564,000
(a)
Cascades
Inc/Cascades
USA
Inc
5.375
01/15/28
554,100
450,000
(a)
Cascades
Inc/Cascades
USA
Inc
6.750
07/15/30
454,455
514,000
(a)
Caturus
Energy
LLC
8.500
02/15/30
537,425
700,000
(a)
Caturus
Energy
LLC
7.125
05/15/31
701,931
754,000
(a)
CCO
Holdings
LLC
/
CCO
Holdings
Capital
Corp
5.125
05/01/27
753,168
2,855,000
(a)
CCO
Holdings
LLC
/
CCO
Holdings
Capital
Corp
5.000
02/01/28
2,821,490
1,307,000
(a)
CCO
Holdings
LLC
/
CCO
Holdings
Capital
Corp
5.375
06/01/29
1,285,905
1,765,000
(a)
CCO
Holdings
LLC
/
CCO
Holdings
Capital
Corp
6.375
09/01/29
1,768,071
3,687,000
(a)
CCO
Holdings
LLC
/
CCO
Holdings
Capital
Corp
4.750
03/01/30
3,495,016
3,145,000
(a)
CCO
Holdings
LLC
/
CCO
Holdings
Capital
Corp
4.500
08/15/30
2,933,546
5,558,000
(a)
CCO
Holdings
LLC
/
CCO
Holdings
Capital
Corp
4.250
02/01/31
5,048,122
2,138,000
(a),(b)
CCO
Holdings
LLC
/
CCO
Holdings
Capital
Corp
7.375
03/01/31
2,164,131
1,337,000
(a)
CCO
Holdings
LLC
/
CCO
Holdings
Capital
Corp
4.750
02/01/32
1,197,190
3,240,000
CCO
Holdings
LLC
/
CCO
Holdings
Capital
Corp
4.500
05/01/32
2,845,231
1,060,000
(a)
CCO
Holdings
LLC
/
CCO
Holdings
Capital
Corp
7.000
02/01/33
1,044,877
2,691,000
(a)
CCO
Holdings
LLC
/
CCO
Holdings
Capital
Corp
4.500
06/01/33
2,311,853
2,936,000
(a),(b)
CCO
Holdings
LLC
/
CCO
Holdings
Capital
Corp
4.250
01/15/34
2,462,586
1,795,000
(a)
CCO
Holdings
LLC
/
CCO
Holdings
Capital
Corp
7.375
02/01/36
1,759,745
1,079,000
(a)
CD&R
Smokey
Buyer
Inc
/
Radio
Systems
Corp
9.500
10/15/29
895,049
400,000
Celanese
US
Holdings
LLC
7.165
07/15/27
410,664
622,000
Celanese
US
Holdings
LLC
6.850
11/15/28
650,571
780,000
Celanese
US
Holdings
LLC
7.330
07/15/29
818,284
902,000
Celanese
US
Holdings
LLC
6.500
04/15/30
922,677
2,168,000
Celanese
US
Holdings
LLC
7.050
11/15/30
2,327,175
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
INDUSTRIAL
(continued)
$
600,000
Celanese
US
Holdings
LLC
7.000
%
02/15/31
$
624,299
1,082,000
Celanese
US
Holdings
LLC
7.379
07/15/32
1,146,684
1,364,000
Celanese
US
Holdings
LLC
6.750
04/15/33
1,404,897
1,544,000
Celanese
US
Holdings
LLC
7.200
11/15/33
1,669,354
700,000
(b)
Celanese
US
Holdings
LLC
7.375
02/15/34
732,889
276,000
Central
Garden
&
Pet
Co
5.125
02/01/28
274,852
700,000
Central
Garden
&
Pet
Co
4.125
10/15/30
661,095
476,000
(a)
Central
Garden
&
Pet
Co
4.125
04/30/31
446,523
1,194,000
(a)
Central
Parent
Inc
/
CDK
Global
Inc
7.250
06/15/29
570,135
905,000
(a)
Central
Parent
LLC
/
CDK
Global
II
LLC
/
CDK
Financing
Co
Inc
8.000
06/15/29
441,187
374,000
(a)
Century
Aluminum
Co
6.875
08/01/32
387,161
642,000
(a)
Century
Communities
Inc
6.625
09/15/33
638,777
1,080,000
(a)
Cerdia
Finanz
GmbH
9.375
10/03/31
1,034,100
642,000
(a)
Champ
Acquisition
Corp
8.375
12/01/31
676,334
483,000
(a)
Champion
Iron
Canada
Inc
7.875
07/15/32
506,233
446,000
(a)
Charles
River
Laboratories
International
Inc
4.250
05/01/28
437,965
883,000
(a)
Charles
River
Laboratories
International
Inc
3.750
03/15/29
844,385
675,000
(a)
Charles
River
Laboratories
International
Inc
4.000
03/15/31
630,204
1,864,000
(a)
Chart
Industries
Inc
7.500
01/01/30
1,935,076
777,000
(a)
Chart
Industries
Inc
9.500
01/01/31
816,725
678,000
(a)
Chemours
Co/The
5.750
11/15/28
676,495
289,000
(a)
Chemours
Co/The
4.625
11/15/29
277,205
627,000
(a)
Chemours
Co/The
8.000
01/15/33
646,243
313,000
(a)
Chobani
LLC
/
Chobani
Finance
Corp
Inc
4.625
11/15/28
309,984
891,000
(a)
Chord
Energy
Corp
6.750
03/15/33
927,150
1,192,000
(a)
CHS/Community
Health
Systems
Inc
6.000
01/15/29
1,182,559
1,720,000
(a)
CHS/Community
Health
Systems
Inc
5.250
05/15/30
1,624,086
1,700,000
(a)
CHS/Community
Health
Systems
Inc
4.750
02/15/31
1,590,665
2,024,000
(a),(b)
CHS/Community
Health
Systems
Inc
10.875
01/15/32
2,173,754
1,954,000
(a)
CHS/Community
Health
Systems
Inc
9.750
01/15/34
2,015,376
157,000
(a)
Churchill
Downs
Inc
5.500
04/01/27
156,854
978,000
(a)
Churchill
Downs
Inc
4.750
01/15/28
969,475
1,323,000
(a)
Churchill
Downs
Inc
5.750
04/01/30
1,318,680
1,100,000
(a)
Churchill
Downs
Inc
6.750
05/01/31
1,125,099
697,000
(a)
Cimpress
PLC
7.375
09/15/32
705,845
797,000
(a)
Cinemark
USA
Inc
5.250
07/15/28
793,923
209,000
(a)
Cinemark
USA
Inc
7.000
08/01/32
215,995
1,880,000
(a)
Cipher
Compute
LLC
7.125
11/15/30
1,948,637
895,000
(a)
CITGO
Petroleum
Corp
8.375
01/15/29
921,016
843,000
(a)
Clarios
Global
LP
/
Clarios
US
Finance
Co
6.750
05/15/28
857,648
1,183,000
(a)
Clarios
Global
LP
/
Clarios
US
Finance
Co
6.750
02/15/30
1,222,264
1,647,000
(a)
Clarios
Global
LP
/
Clarios
US
Finance
Co
6.750
09/15/32
1,684,782
1,078,000
(a)
Clarivate
Science
Holdings
Corp
3.875
07/01/28
1,041,144
1,005,000
(a)
Clarivate
Science
Holdings
Corp
4.875
07/01/29
911,447
509,000
(a)
Clean
Harbors
Inc
5.125
07/15/29
505,180
722,000
(a)
Clean
Harbors
Inc
6.375
02/01/31
734,807
832,000
(a)
Clean
Harbors
Inc
5.750
10/15/33
839,725
904,000
(a)
Clear
Channel
Outdoor
Holdings
Inc
7.875
04/01/30
941,198
1,455,000
(a)
Clear
Channel
Outdoor
Holdings
Inc
7.125
02/15/31
1,512,635
1,258,000
(a)
Clear
Channel
Outdoor
Holdings
Inc
7.500
03/15/33
1,321,496
250,000
(a)
Clearwater
Paper
Corp
4.750
08/15/28
220,046
300,000
(a)
Cleveland-Cliffs
Inc
4.625
03/01/29
289,147
862,000
(a)
Cleveland-Cliffs
Inc
6.875
11/01/29
878,408
912,000
(a)
Cleveland-Cliffs
Inc
6.750
04/15/30
897,778
306,000
(a)
Cleveland-Cliffs
Inc
4.875
03/01/31
282,012
1,047,000
(a)
Cleveland-Cliffs
Inc
7.500
09/15/31
1,069,183
1,763,000
(a)
Cleveland-Cliffs
Inc
7.000
03/15/32
1,761,901
1,036,000
(a)
Cleveland-Cliffs
Inc
7.375
05/01/33
1,047,012
2,019,000
(a)
Cleveland-Cliffs
Inc
7.625
01/15/34
2,039,461
4,736,000
(a)
Cloud
Software
Group
Inc
6.500
03/31/29
4,611,235
4,978,000
(a)
Cloud
Software
Group
Inc
9.000
09/30/29
4,887,824
2,488,000
(a)
Cloud
Software
Group
Inc
8.250
06/30/32
2,363,694
Portfolio
of
Investments
April
30,
2026
(continued)
NHYB
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
INDUSTRIAL
(continued)
$
1,153,000
(a)
Cloud
Software
Group
Inc
6.625
%
08/15/33
$
1,032,699
904,000
(a)
Clue
Opco
LLC
9.500
10/15/31
923,802
987,000
(a)
Clydesdale
Acquisition
Holdings
Inc
6.625
04/15/29
971,476
641,000
(a)
Clydesdale
Acquisition
Holdings
Inc
6.875
01/15/30
626,707
1,232,000
(a)
Clydesdale
Acquisition
Holdings
Inc
8.750
04/15/30
1,117,826
1,484,000
(a)
Clydesdale
Acquisition
Holdings
Inc
6.750
04/15/32
1,396,173
17,000
(a)
CNX
Midstream
Partners
LP
4.750
04/15/30
16,451
303,000
(a)
CNX
Resources
Corp
7.375
01/15/31
312,317
854,000
(a)
CNX
Resources
Corp
7.250
03/01/32
889,729
299,000
(a)
Coeur
Mining
Inc
5.125
02/15/29
297,913
504,000
(a)
Cogent
Communications
Group
LLC
/
Cogent
Finance
Inc
7.000
06/15/27
501,463
568,000
(a)
Cogent
Communications
Group
LLC
/
Cogent
Finance
Inc
7.000
06/15/27
564,528
487,000
(a),(b)
Cogent
Communications
Group
LLC
/
Cogent
Finance
Inc
6.500
07/01/32
451,619
1,126,000
(a)
Coherent
Corp
5.000
12/15/29
1,113,824
320,000
(a)
Columbus
McKinnon
Corp/NY
7.125
01/31/33
321,826
296,000
Commercial
Metals
Co
3.875
02/15/31
275,113
350,000
Commercial
Metals
Co
4.375
03/15/32
329,485
1,400,000
(a)
Commercial
Metals
Co
5.750
11/15/33
1,402,341
1,333,000
(a)
Commercial
Metals
Co
6.000
12/15/35
1,331,681
770,000
(a)
Compass
Minerals
International
Inc
8.000
07/01/30
803,782
1,200,000
(a)
CompoSecure
Holdings
LLC
5.625
02/01/33
1,176,228
643,000
(a)
Comstock
Resources
Inc
6.750
03/01/29
640,836
1,462,000
(a)
Comstock
Resources
Inc
6.750
03/01/29
1,461,484
1,183,000
(a)
Comstock
Resources
Inc
5.875
01/15/30
1,145,905
933,000
(a)
Concentra
Health
Services
Inc
6.875
07/15/32
966,859
684,000
(a)
Conduent
Business
Services
LLC
/
Conduent
State
&
Local
Solutions
Inc
6.000
11/01/29
489,934
2,335,000
(a)
Connect
Finco
SARL
/
Connect
US
Finco
LLC
9.000
09/15/29
2,462,694
2,632,000
(a)
Connect
Holding
II
LLC
10.500
04/03/31
2,682,096
543,000
(a)
Consensus
Cloud
Solutions
Inc
6.500
10/15/28
538,379
1,009,000
(a)
Consolidated
Energy
Finance
SA
5.625
10/15/28
958,550
515,000
(a)
Consolidated
Energy
Finance
SA
12.000
02/15/31
527,875
240,000
(a)
Constellium
SE
5.625
06/15/28
239,743
649,000
(a)
Constellium
SE
3.750
04/15/29
625,898
435,000
(a)
Constellium
SE
6.375
08/15/32
446,082
3,000,000
(a),(c)
Core
Scientific
Finance
I
LLC
7.750
05/15/31
2,992,513
572,000
CoreCivic
Inc
8.250
04/15/29
595,879
845,000
(a)
CoreLogic
Inc
4.500
05/01/28
821,645
1,644,000
(a),(b)
CoreWeave
Inc
9.250
06/01/30
1,664,728
2,567,000
(a)
CoreWeave
Inc
9.000
02/01/31
2,550,724
665,000
(a)
CoreWeave
Inc
9.750
10/01/31
668,851
801,000
(a)
Cougar
JV
Subsidiary
LLC
8.000
05/15/32
842,241
461,000
(a)
CPI
CG
Inc
10.000
07/15/29
484,443
1,655,000
(a)
CQP
Holdco
LP
/
BIP-V
Chinook
Holdco
LLC
5.500
06/15/31
1,634,828
607,000
(a)
CQP
Holdco
LP
/
BIP-V
Chinook
Holdco
LLC
7.500
12/15/33
645,384
673,000
Crane
NXT
Co
4.200
03/15/48
439,092
96,000
(a)
Crescent
Energy
Finance
LLC
7.750
07/31/29
96,600
236,000
(a)
Crescent
Energy
Finance
LLC
9.750
10/15/30
252,225
1,349,000
(a)
Crescent
Energy
Finance
LLC
7.625
04/01/32
1,389,034
1,113,000
(a)
Crescent
Energy
Finance
LLC
7.875
04/15/32
1,153,853
1,181,000
(a)
Crescent
Energy
Finance
LLC
7.375
01/15/33
1,208,698
1,040,000
(a)
Crescent
Energy
Finance
LLC
8.375
01/15/34
1,099,883
417,000
(a)
Crocs
Inc
4.250
03/15/29
404,829
372,000
(a)
Crocs
Inc
4.125
08/15/31
346,159
853,000
Crowdstrike
Holdings
Inc
3.000
02/15/29
812,763
791,000
Crown
Americas
LLC
5.250
04/01/30
794,037
939,000
Crown
Americas
LLC
5.875
06/01/33
945,828
807,000
(a)
Cushman
&
Wakefield
US
Borrower
LLC
6.750
05/15/28
807,067
490,000
(a)
Cushman
&
Wakefield
US
Borrower
LLC
8.875
09/01/31
515,792
194,000
(a)
CVR
Energy
Inc
5.750
02/15/28
193,318
288,000
(a)
CVR
Energy
Inc
7.875
02/15/34
288,876
606,000
(a)
CVR
Partners
LP
/
CVR
Nitrogen
Finance
Corp
6.125
06/15/28
605,591
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
INDUSTRIAL
(continued)
$
1,087,000
CVS
Health
Corp
6.750
%
12/10/54
$
1,126,160
2,837,000
CVS
Health
Corp
7.000
03/10/55
2,943,437
145,000
(a)
Cyprium
Corp
/
Cyprium
Holdings
Luxembourg
Sarl
6.125
04/15/31
146,001
750,000
(a)
Cyprium
Corp
/
Cyprium
Holdings
Luxembourg
Sarl
6.375
03/31/34
749,048
659,000
(a)
Danaos
Corp
6.875
10/15/32
676,861
529,000
(a)
Darling
Ingredients
Inc
5.250
04/15/27
528,567
1,172,000
(a)
Darling
Ingredients
Inc
6.000
06/15/30
1,182,165
3,241,000
(a)
DaVita
Inc
4.625
06/01/30
3,137,458
1,796,000
(a)
DaVita
Inc
3.750
02/15/31
1,666,129
1,385,000
(a)
DaVita
Inc
6.875
09/01/32
1,429,585
1,325,000
(a)
DaVita
Inc
6.750
07/15/33
1,366,168
600,000
(a)
DB
Terra
Chile
HoldCo
SpA
7.950
04/20/31
596,392
548,000
(a)
DBR
Land
Holdings
LLC
6.250
12/01/30
561,015
602,000
(a)
Dcli
Bidco
LLC
7.750
11/15/29
618,440
197,000
(a)
Delek
Logistics
Partners
LP
/
Delek
Logistics
Finance
Corp
7.125
06/01/28
196,977
1,661,000
(a)
Delek
Logistics
Partners
LP
/
Delek
Logistics
Finance
Corp
8.625
03/15/29
1,733,011
683,000
(a)
Delek
Logistics
Partners
LP
/
Delek
Logistics
Finance
Corp
7.375
06/30/33
704,886
304,000
(a)
Deluxe
Corp
8.000
06/01/29
307,479
479,000
(a)
Deluxe
Corp
8.125
09/15/29
499,516
805,000
DENTSPLY
SIRONA
Inc
8.375
09/12/55
809,316
995,000
(a)
Diamond
Foreign
Asset
Co
/
Diamond
Finance
LLC
8.500
10/01/30
1,049,251
1,087,000
(a)
Diebold
Nixdorf
Inc
7.750
03/31/30
1,141,856
886,000
(a)
Directv
Financing
LLC
8.875
02/01/30
900,720
1,833,000
(a)
Directv
Financing
LLC
8.875
02/01/30
1,866,859
1,394,000
(a)
Directv
Financing
LLC
/
Directv
Financing
Co-Obligor
Inc
5.875
08/15/27
1,395,034
3,202,000
(a)
Directv
Financing
LLC
/
Directv
Financing
Co-Obligor
Inc
10.000
02/15/31
3,331,649
1,320,000
Discovery
Communications
LLC
3.950
03/20/28
1,298,524
767,000
Discovery
Communications
LLC
4.125
05/15/29
747,871
1,051,000
Discovery
Communications
LLC
3.625
05/15/30
988,035
1,239,000
Discovery
Communications
LLC
5.000
09/20/37
941,640
1,106,000
Discovery
Communications
LLC
6.350
06/01/40
873,837
1,785,000
Discovery
Global
Holdings
Inc
3.755
03/15/27
1,769,948
1,381,000
Discovery
Global
Holdings
Inc
4.054
03/15/29
1,344,031
2,734,000
Discovery
Global
Holdings
Inc
4.279
03/15/32
2,476,266
628,000
Discovery
Global
Holdings
Inc
4.279
03/15/32
507,512
4,925,000
Discovery
Global
Holdings
Inc
5.050
03/15/42
3,514,135
1,368,000
Discovery
Global
Holdings
Inc
5.141
03/15/52
896,040
4,149,000
(a)
DISH
Network
Corp
11.750
11/15/27
4,283,013
927,000
(a)
Domtar
Corp
6.750
10/01/28
734,555
562,000
(a)
Dotdash
Meredith
Inc
7.625
06/15/32
527,499
315,000
(a)
Dream
Finders
Homes
Inc
8.250
08/15/28
322,873
411,000
(a)
Dream
Finders
Homes
Inc
6.875
09/15/30
403,051
601,000
(a)
Dycom
Industries
Inc
4.500
04/15/29
587,023
797,000
(a)
Dye
&
Durham
Ltd
8.625
04/15/29
695,167
6,669,000
EchoStar
Corp
10.750
11/30/29
7,240,356
1,125,000
(a)
Edged
Compute
LLC
7.500
04/30/31
1,103,079
1,374,000
(a)
Edgewell
Personal
Care
Co
5.500
06/01/28
1,371,183
539,000
(a)
Edgewell
Personal
Care
Co
4.125
04/01/29
515,130
1,009,000
(a)
Efesto
Bidco
SpA
Efesto
US
LLC
7.500
02/15/32
1,004,832
1,325,000
(a)
EG
Global
Finance
PLC
12.000
11/30/28
1,413,429
890,000
Elanco
Animal
Health
Inc
6.400
08/28/28
909,799
657,000
(a)
Elastic
NV
4.125
07/15/29
623,613
532,000
(a)
Eldorado
Gold
Corp
6.250
09/01/29
530,873
819,000
(a)
Element
Solutions
Inc
3.875
09/01/28
798,477
821,000
(a)
Ellucian
Holdings
Inc
6.500
12/01/29
807,513
570,000
(a)
Embecta
Corp
5.000
02/15/30
535,496
782,000
(a)
Empire
Communities
Corp
9.750
05/01/29
797,050
3,036,000
(a)
EMRLD
Borrower
LP
/
Emerald
Co-Issuer
Inc
6.625
12/15/30
3,108,193
968,000
(a)
EMRLD
Borrower
LP
/
Emerald
Co-Issuer
Inc
6.750
07/15/31
1,000,705
848,000
Encompass
Health
Corp
4.500
02/01/28
841,425
936,000
Encompass
Health
Corp
4.750
02/01/30
921,506
650,000
Encompass
Health
Corp
4.625
04/01/31
632,170
Portfolio
of
Investments
April
30,
2026
(continued)
NHYB
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
INDUSTRIAL
(continued)
$
1,229,000
(a)
Endo
Finance
Holdings
Inc
8.500
%
04/15/31
$
1,302,801
400,000
(a)
Enerflex
Inc
6.875
01/15/31
412,081
773,000
(a)
Energizer
Holdings
Inc
4.750
06/15/28
762,465
975,000
(a)
Energizer
Holdings
Inc
4.375
03/31/29
937,922
486,000
(a),(b)
Energizer
Holdings
Inc
6.000
09/15/33
464,763
1,047,000
Energy
Transfer
LP
8.000
05/15/54
1,109,848
668,000
Energy
Transfer
LP
7.125
10/01/54
685,854
1,435,000
Energy
Transfer
LP
6.500
02/15/56
1,438,867
905,000
Energy
Transfer
LP
6.750
02/15/56
911,503
376,000
(a)
EnerSys
4.375
12/15/27
371,135
578,000
(a)
EnerSys
6.625
01/15/32
594,810
568,000
(a)
Enpro
Inc
6.125
06/01/33
578,857
477,000
(a)
EnQuest
PLC
11.625
11/01/27
490,863
408,000
(a)
Entegris
Inc
4.375
04/15/28
402,190
1,789,000
Entegris
Inc
4.750
04/15/29
1,775,151
785,000
(a)
Entegris
Inc
3.625
05/01/29
748,715
1,013,000
(a)
Entegris
Inc
5.950
06/15/30
1,025,460
674,000
(a)
Enviri
Corp
5.750
07/31/27
672,850
1,500,000
(a)
EquipmentShare.com
Inc
9.000
05/15/28
1,555,116
622,000
(a)
EquipmentShare.com
Inc
8.625
05/15/32
659,671
605,000
(a)
EquipmentShare.com
Inc
8.000
03/15/33
634,457
747,000
(a)
Esab
Corp
6.250
04/15/29
756,866
835,000
(a)
Esab
Corp
5.625
04/01/31
842,689
903,000
(a)
Excelerate
Energy
LP
8.000
05/15/30
957,622
354,000
(a)
EZCORP
Inc
7.375
04/01/32
374,235
886,000
(a)
Fair
Isaac
Corp
4.000
06/15/28
863,793
1,517,000
(a)
Fair
Isaac
Corp
6.000
05/15/33
1,496,102
1,250,000
(a)
Fair
Isaac
Corp
6.250
09/15/34
1,230,434
819,000
(a)
Ferrellgas
LP
/
Ferrellgas
Finance
Corp
5.875
04/01/29
799,464
939,000
(a)
Ferrellgas
LP
/
Ferrellgas
Finance
Corp
9.250
01/15/31
985,582
1,207,000
(a)
Fertitta
Entertainment
LLC
/
Fertitta
Entertainment
Finance
Co
Inc
4.625
01/15/29
1,175,074
1,065,000
(a)
Fibercop
SpA
6.000
09/30/34
1,021,287
783,000
(a)
Fibercop
SpA
7.200
07/18/36
781,042
925,000
(a)
Fibercop
SpA
7.721
06/04/38
927,449
616,000
(a)
Fiesta
Purchaser
Inc
7.875
03/01/31
636,128
763,000
(a)
First
Student
Bidco
Inc
/
First
Transit
Parent
Inc
4.000
07/31/29
729,939
1,685,000
(a)
Flash
Compute
LLC
7.250
12/31/30
1,718,818
599,000
Fluor
Corp
4.250
09/15/28
592,459
350,000
FMC
Corp
3.450
10/01/29
316,722
920,000
FMC
Corp
5.650
05/18/33
813,199
920,000
FMC
Corp
4.500
10/01/49
574,719
980,000
FMC
Corp
6.375
05/18/53
739,267
784,000
FMC
Corp
8.450
11/01/55
519,583
339,000
(a)
Forestar
Group
Inc
5.000
03/01/28
336,368
630,000
(a)
Forestar
Group
Inc
6.500
03/15/33
633,813
503,000
(a)
Fortescue
Treasury
Pty
Ltd
4.500
09/15/27
499,077
773,000
(a)
Fortescue
Treasury
Pty
Ltd
5.875
04/15/30
788,723
1,280,000
(a)
Fortescue
Treasury
Pty
Ltd
4.375
04/01/31
1,223,089
850,000
(a)
Fortescue
Treasury
Pty
Ltd
6.125
04/15/32
878,457
922,000
(a)
Fortress
Intermediate
3
Inc
7.500
06/01/31
931,204
542,000
(a)
Forvia
SE
8.000
06/15/30
570,094
679,000
(a)
Forvia
SE
6.750
09/15/33
680,933
728,000
(a)
Froneri
Lux
FinCo
SARL
6.000
08/01/32
720,014
944,000
(a)
Gap
Inc/The
3.875
10/01/31
863,685
340,000
(a)
Garda
World
Security
Corp
7.750
02/15/28
346,117
943,000
(a)
Garda
World
Security
Corp
6.500
01/15/31
963,344
999,000
(a)
Garrett
Motion
Holdings
Inc
/
Garrett
LX
I
Sarl
7.750
05/31/32
1,043,020
759,000
(a)
GCI
LLC
4.750
10/15/28
742,608
525,000
(a)
Gen
Digital
Inc
6.750
09/30/27
527,165
1,258,000
(a)
Gen
Digital
Inc
7.125
09/30/30
1,275,793
1,139,000
(a)
Gen
Digital
Inc
6.250
04/01/33
1,109,950
888,000
Genesis
Energy
LP
/
Genesis
Energy
Finance
Corp
8.250
01/15/29
922,950
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
INDUSTRIAL
(continued)
$
623,000
Genesis
Energy
LP
/
Genesis
Energy
Finance
Corp
8.875
%
04/15/30
$
652,711
813,000
Genesis
Energy
LP
/
Genesis
Energy
Finance
Corp
7.875
05/15/32
852,335
693,000
Genesis
Energy
LP
/
Genesis
Energy
Finance
Corp
8.000
05/15/33
729,550
850,000
Genesis
Energy
LP
/
Genesis
Energy
Finance
Corp
6.750
03/15/34
856,136
1,680,000
(a)
GENMAB
A/S/GENMAB
FINANCE
LLC
6.250
12/15/32
1,724,100
1,255,000
(a)
GENMAB
A/S/GENMAB
FINANCE
LLC
7.250
12/15/33
1,308,548
713,000
(a)
Genting
New
York
LLC
/
GENNY
Capital
Inc
7.250
10/01/29
724,047
785,000
GEO
Group
Inc/The
8.625
04/15/29
816,731
628,000
GEO
Group
Inc/The
10.250
04/15/31
674,003
272,000
(a)
Getty
Images
Inc
14.000
03/01/28
252,960
755,000
(a)
Getty
Images
Inc
11.250
02/21/30
674,433
587,000
(a)
Getty
Images
Inc
10.500
11/15/30
520,436
718,000
(a)
GFL
Environmental
Inc
4.000
08/01/28
701,699
719,000
(a)
GFL
Environmental
Inc
4.750
06/15/29
710,497
784,000
(a)
GFL
Environmental
Inc
4.375
08/15/29
766,929
1,410,000
(a)
GFL
Environmental
Inc
6.750
01/15/31
1,461,865
559,000
Global
Auto
Holdings
Ltd/AAG
FH
UK
Ltd
8.375
01/15/29
530,860
779,000
(a)
Global
Auto
Holdings
Ltd/AAG
FH
UK
Ltd
11.500
08/15/29
791,059
665,000
(a)
Global
Auto
Holdings
Ltd/AAG
FH
UK
Ltd
8.750
01/15/32
611,744
376,000
(a)
Global
Infrastructure
Solutions
Inc
5.625
06/01/29
375,380
427,000
(a)
Global
Infrastructure
Solutions
Inc
7.500
04/15/32
450,475
1,202,000
(a)
Global
Medical
Response
Inc
7.375
10/01/32
1,253,013
313,000
Global
Partners
LP
/
GLP
Finance
Corp
6.875
01/15/29
315,874
837,000
(a)
Global
Partners
LP
/
GLP
Finance
Corp
8.250
01/15/32
878,716
575,000
(a)
Global
Partners
LP
/
GLP
Finance
Corp
7.125
07/01/33
589,282
754,000
(a)
Go
Daddy
Operating
Co
LLC
/
GD
Finance
Co
Inc
5.250
12/01/27
752,466
939,000
(a)
Go
Daddy
Operating
Co
LLC
/
GD
Finance
Co
Inc
3.500
03/01/29
877,493
972,000
(a)
Goat
Holdco
LLC
6.750
02/01/32
996,065
381,000
(a)
Golar
LNG
Ltd
7.500
10/02/30
390,407
604,000
Goodyear
Tire
&
Rubber
Co/The
4.875
03/15/27
600,611
1,226,000
Goodyear
Tire
&
Rubber
Co/The
5.000
07/15/29
1,176,060
976,000
Goodyear
Tire
&
Rubber
Co/The
6.625
07/15/30
966,294
594,000
Goodyear
Tire
&
Rubber
Co/The
5.250
04/30/31
541,321
646,000
Goodyear
Tire
&
Rubber
Co/The
5.250
07/15/31
587,195
531,000
Goodyear
Tire
&
Rubber
Co/The
5.625
04/30/33
476,162
446,000
(a)
GoTo
Group
Inc
5.500
05/01/28
341,303
1,780,000
(a)
Graham
Holdings
Co
5.625
12/01/33
1,761,854
506,000
Grand
Canyon
University
5.125
10/01/28
501,333
394,000
(a)
Graphic
Packaging
International
LLC
4.750
07/15/27
390,668
396,000
(a)
Graphic
Packaging
International
LLC
3.500
03/15/28
383,021
363,000
(a)
Graphic
Packaging
International
LLC
3.500
03/01/29
344,447
743,000
(a)
Graphic
Packaging
International
LLC
3.750
02/01/30
693,965
579,000
(a),(b)
Graphic
Packaging
International
LLC
6.375
07/15/32
577,864
1,346,000
(a)
Gray
Media
Inc
10.500
07/15/29
1,429,027
987,000
(a)
Gray
Media
Inc
7.250
08/15/33
1,005,011
666,000
(a)
Great
Canadian
Gaming
Corp/Raptor
LLC
8.750
11/15/29
649,358
1,220,000
Griffon
Corp
5.750
03/01/28
1,217,034
1,107,000
(a)
Grifols
SA
4.750
10/15/28
1,091,485
786,000
(a)
Group
1
Automotive
Inc
4.000
08/15/28
765,261
742,000
(a)
Group
1
Automotive
Inc
6.375
01/15/30
754,056
654,000
(a)
Gulfport
Energy
Operating
Corp
6.750
09/01/29
670,946
986,000
(a)
HAH
Group
Holding
Co
LLC
9.750
10/01/31
902,450
626,000
(a)
Harvest
Midstream
I
LP
7.500
09/01/28
630,125
287,000
HB
Fuller
Co
4.000
02/15/27
284,443
303,000
HB
Fuller
Co
4.250
10/15/28
296,570
935,000
(a)
HealthEquity
Inc
4.500
10/01/29
907,529
346,000
(a)
Helix
Energy
Solutions
Group
Inc
9.750
03/01/29
363,402
1,522,000
(a)
Herc
Holdings
Inc
6.625
06/15/29
1,559,516
2,103,000
(a)
Herc
Holdings
Inc
7.000
06/15/30
2,187,904
500,000
(a)
Herc
Holdings
Inc
5.750
03/15/31
501,200
1,460,000
(a)
Herc
Holdings
Inc
7.250
06/15/33
1,528,954
650,000
(a)
Herc
Holdings
Inc
6.000
03/15/34
644,485
Portfolio
of
Investments
April
30,
2026
(continued)
NHYB
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
INDUSTRIAL
(continued)
$
535,000
(a)
Herens
Holdco
Sarl
4.750
%
05/15/28
$
473,475
1,516,000
(a)
Hertz
Corp/The
12.625
07/15/29
1,429,155
697,000
(a)
Hess
Midstream
Operations
LP
5.875
03/01/28
703,849
627,000
(a)
Hess
Midstream
Operations
LP
5.125
06/15/28
624,107
1,004,000
(a)
Hess
Midstream
Operations
LP
6.500
06/01/29
1,028,673
977,000
(a)
Hess
Midstream
Operations
LP
4.250
02/15/30
947,550
601,000
(a)
Hess
Midstream
Operations
LP
5.500
10/15/30
601,278
737,000
(a)
Hilcorp
Energy
I
LP
/
Hilcorp
Finance
Co
6.250
11/01/28
740,897
1,173,000
(a)
Hilcorp
Energy
I
LP
/
Hilcorp
Finance
Co
5.750
02/01/29
1,172,270
891,000
(a)
Hilcorp
Energy
I
LP
/
Hilcorp
Finance
Co
6.000
04/15/30
887,471
546,000
(a)
Hilcorp
Energy
I
LP
/
Hilcorp
Finance
Co
6.000
02/01/31
539,610
571,000
(a)
Hilcorp
Energy
I
LP
/
Hilcorp
Finance
Co
6.250
04/15/32
567,256
639,000
(a)
Hilcorp
Energy
I
LP
/
Hilcorp
Finance
Co
8.375
11/01/33
683,284
597,000
(a)
Hilcorp
Energy
I
LP
/
Hilcorp
Finance
Co
6.875
05/15/34
599,965
1,038,000
(a)
Hilcorp
Energy
I
LP
/
Hilcorp
Finance
Co
7.250
02/15/35
1,058,646
550,000
(a)
Hilton
Domestic
Operating
Co
Inc
5.875
04/01/29
557,565
1,783,000
(a)
Hilton
Domestic
Operating
Co
Inc
3.750
05/01/29
1,720,731
1,054,000
Hilton
Domestic
Operating
Co
Inc
4.875
01/15/30
1,046,271
1,234,000
(a)
Hilton
Domestic
Operating
Co
Inc
4.000
05/01/31
1,168,624
1,774,000
(a)
Hilton
Domestic
Operating
Co
Inc
3.625
02/15/32
1,624,068
1,267,000
(a)
Hilton
Domestic
Operating
Co
Inc
5.875
03/15/33
1,282,936
1,227,000
(a)
Hilton
Domestic
Operating
Co
Inc
5.750
09/15/33
1,235,239
750,000
(a)
Hilton
Domestic
Operating
Co
Inc
5.500
03/31/34
744,457
809,000
(a)
Hilton
Grand
Vacations
Borrower
LLC
/
Hilton
Grand
Vacations
Borrower
Inc
5.000
06/01/29
782,918
632,000
(a)
Hilton
Grand
Vacations
Borrower
LLC
/
Hilton
Grand
Vacations
Borrower
Inc
4.875
07/01/31
584,863
1,165,000
(a)
Hilton
Grand
Vacations
Borrower
LLC
/
Hilton
Grand
Vacations
Borrower
Inc
6.625
01/15/32
1,178,523
248,000
Hilton
Worldwide
Finance
LLC
/
Hilton
Worldwide
Finance
Corp
4.875
04/01/27
247,394
614,000
(a)
HLF
Financing
Sarl
LLC
/
Herbalife
International
Inc
4.875
06/01/29
577,349
1,000,000
(a)
HLF
Financing
Sarl
LLC
/
Herbalife
International
Inc
7.750
05/01/33
1,021,396
485,000
(a)
HNI
Corp
5.125
01/18/29
478,996
1,047,000
(a)
Howard
Hughes
Corp/The
4.125
02/01/29
1,008,106
773,000
(a)
Howard
Midstream
Energy
Partners
LLC
7.375
07/15/32
806,052
829,000
(a)
Howard
Midstream
Energy
Partners
LLC
6.625
01/15/34
843,337
567,000
(a)
Hudbay
Minerals
Inc
6.125
04/01/29
569,218
914,000
Huntsman
International
LLC
4.500
05/01/29
875,325
597,000
Huntsman
International
LLC
2.950
06/15/31
509,747
421,000
Huntsman
International
LLC
5.700
10/15/34
395,168
389,000
(a)
IAMGOLD
Corp
5.750
10/15/28
386,602
731,000
(a)
Iliad
Holding
SAS
7.000
10/15/28
735,999
1,413,000
(a)
Iliad
Holding
SAS
8.500
04/15/31
1,499,061
1,059,000
(a)
Iliad
Holding
SAS
7.000
04/15/32
1,075,154
134,000
(a)
Industrial
F&B
Investments
III
Inc
7.750
02/11/33
135,408
809,000
(a)
INEOS
Finance
PLC
6.750
05/15/28
812,502
911,000
INEOS
Finance
PLC
7.500
04/15/29
899,707
519,000
(a)
INEOS
Quattro
Finance
2
Plc
9.625
03/15/29
503,430
160,000
(a)
Infinity
Natural
Resources
LLC
7.625
04/01/31
162,705
581,000
(a)
Ingevity
Corp
3.875
11/01/28
560,452
500,000
(a)
Ingles
Markets
Inc
4.000
06/15/31
472,613
2,461,000
(a)
Ingram
Micro
Inc
4.750
05/15/29
2,418,331
627,000
(a)
Insight
Enterprises
Inc
6.625
05/15/32
621,917
750,000
(a)
Installed
Building
Products
Inc
5.625
02/01/34
746,279
692,000
(a)
Insulet
Corp
6.500
04/01/33
706,392
1,679,000
(a)
ION
Platform
Finance
US
Inc
7.875
09/30/32
1,304,795
219,000
(a)
ION
Platform
Finance
US
Inc
/
ION
Platform
Finance
SARL
4.625
05/01/28
201,850
300,000
(a)
ION
Platform
Finance
US
Inc
/
ION
Platform
Finance
SARL
5.000
05/01/28
277,065
264,000
(a)
ION
Platform
Finance
US
Inc
/
ION
Platform
Finance
SARL
5.750
05/15/28
246,924
880,000
(a)
ION
Platform
Finance
US
Inc
/
ION
Platform
Finance
SARL
8.750
05/01/29
809,928
1,500,000
(a)
ION
Platform
Finance
US
Inc
/
ION
Platform
Finance
SARL
9.500
05/30/29
1,402,616
876,000
(a)
ION
Platform
Finance
US
Inc
/
ION
Platform
Finance
SARL
9.000
08/01/29
809,348
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
INDUSTRIAL
(continued)
$
529,000
(a)
IQVIA
Inc
5.000
%
05/15/27
$
528,575
550,000
(a)
IQVIA
Inc
6.500
05/15/30
561,327
2,638,000
(a)
IQVIA
Inc
6.250
06/01/32
2,686,529
847,000
(a)
Iron
Mountain
Inc
4.875
09/15/27
845,107
985,000
(a)
Iron
Mountain
Inc
5.250
03/15/28
984,103
328,000
(a)
Iron
Mountain
Inc
5.000
07/15/28
326,928
969,000
(a)
Iron
Mountain
Inc
7.000
02/15/29
990,266
2,240,000
(a)
Iron
Mountain
Inc
4.875
09/15/29
2,209,059
780,000
(a)
Iron
Mountain
Inc
5.250
07/15/30
771,928
1,295,000
(a)
Iron
Mountain
Inc
4.500
02/15/31
1,244,463
764,000
(a)
Iron
Mountain
Inc
5.625
07/15/32
758,557
1,452,000
(a)
Iron
Mountain
Inc
6.250
01/15/33
1,474,487
876,000
(a)
Iron
Mountain
Information
Management
Services
Inc
5.000
07/15/32
845,829
768,000
(a)
Ithaca
Energy
North
Sea
PLC
8.125
10/15/29
802,607
1,374,000
(a)
ITT
Holdings
LLC
6.500
08/01/29
1,354,475
654,000
(a)
Jacobs
Entertainment
Inc
6.750
02/15/29
640,920
753,000
(a)
Jaguar
Land
Rover
Automotive
PLC
4.500
10/01/27
744,323
442,000
(a)
Jaguar
Land
Rover
Automotive
PLC
5.875
01/15/28
441,846
448,000
(a)
Jaguar
Land
Rover
Automotive
PLC
5.500
07/15/29
442,987
472,000
(a)
James
Hardie
International
Finance
DAC
5.000
01/15/28
470,519
1,864,000
(a)
Jazz
Securities
DAC
4.375
01/15/29
1,822,970
1,037,000
(a)
JB
Poindexter
&
Co
Inc
8.750
12/15/31
1,074,584
2,407,000
(a)
JetBlue
Airways
Corp
/
JetBlue
Loyalty
LP
9.875
09/20/31
2,241,804
360,000
(a)
JW
Aluminum
Continuous
Cast
Co
10.250
04/01/30
371,844
495,000
(a)
K
Hovnanian
Enterprises
Inc
8.000
04/01/31
499,133
591,000
(a)
K
Hovnanian
Enterprises
Inc
8.375
10/01/33
593,740
612,000
(a)
Kaiser
Aluminum
Corp
4.500
06/01/31
587,072
105,000
(a)
Kaiser
Aluminum
Corp
5.875
03/01/34
105,164
234,000
KB
Home
6.875
06/15/27
236,324
671,000
KB
Home
7.250
07/15/30
685,143
459,000
KB
Home
4.000
06/15/31
424,958
314,000
(a)
KBR
Inc
4.750
09/30/28
308,921
977,000
(a)
Kedrion
SpA
6.500
09/01/29
953,050
1,325,000
(a)
KeHE
Distributors
LLC
/
KeHE
Finance
Corp
/
NextWave
Distribution
Inc
9.000
02/15/29
1,385,041
750,000
(a)
KeHE
Distributors
LLC
/
KeHE
Finance
Corp
/
NextWave
Distribution
Inc
7.125
04/30/33
759,298
467,000
(a)
Ken
Garff
Automotive
LLC
4.875
09/15/28
461,384
402,000
(a)
KFC
Holding
Co/Pizza
Hut
Holdings
LLC/Taco
Bell
of
America
LLC
4.750
06/01/27
401,273
2,127,000
(a)
Kinetik
Holdings
LP
6.625
12/15/28
2,169,738
962,000
(a)
Kinetik
Holdings
LP
5.875
06/15/30
965,254
674,000
(a)
Kingpin
Intermediate
Holdings
LLC
7.250
10/15/32
564,245
1,233,000
(a)
Kioxia
Holdings
Corp
6.250
07/24/30
1,269,910
1,452,000
(a)
Kioxia
Holdings
Corp
6.625
07/24/33
1,517,865
514,000
(a)
Knife
River
Corp
7.750
05/01/31
533,705
330,000
(a)
Kodiak
Gas
Services
LLC
5.875
04/01/31
332,398
853,000
(a)
Kodiak
Gas
Services
LLC
6.500
10/01/33
872,535
1,292,000
(a)
Kodiak
Gas
Services
LLC
6.750
10/01/35
1,342,046
512,000
(a)
Kohl's
Corp
10.000
06/01/30
553,977
542,000
Kohl's
Corp
5.125
05/01/31
443,277
533,000
Kohl's
Corp
5.550
07/17/45
321,708
465,000
(a)
Korn
Ferry
4.625
12/15/27
461,014
504,000
(a)
Kraken
Oil
&
Gas
Partners
LLC
7.625
08/15/29
513,548
606,000
Lamar
Media
Corp
3.750
02/15/28
594,233
357,000
Lamar
Media
Corp
4.875
01/15/29
354,461
943,000
Lamar
Media
Corp
4.000
02/15/30
904,211
768,000
Lamar
Media
Corp
3.625
01/15/31
720,661
1,558,000
(a)
Lamar
Media
Corp
5.375
11/01/33
1,541,470
495,000
(a)
Lamb
Weston
Holdings
Inc
4.875
05/15/28
491,511
1,209,000
(a)
Lamb
Weston
Holdings
Inc
4.125
01/31/30
1,158,261
916,000
(a)
Lamb
Weston
Holdings
Inc
4.375
01/31/32
862,734
Portfolio
of
Investments
April
30,
2026
(continued)
NHYB
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
INDUSTRIAL
(continued)
$
1,139,000
(a)
LBM
Acquisition
LLC
9.500
%
06/15/31
$
996,608
1,409,000
(a)
LCM
Investments
Holdings
II
LLC
4.875
05/01/29
1,379,480
831,000
(a)
LCM
Investments
Holdings
II
LLC
8.250
08/01/31
870,535
2,259,000
(a)
Level
3
Financing
Inc
6.875
06/30/33
2,331,821
3,139,000
(a)
Level
3
Financing
Inc
7.000
03/31/34
3,255,459
2,105,000
(a)
Level
3
Financing
Inc
8.500
01/15/36
2,254,478
590,000
(a)
Levi
Strauss
&
Co
3.500
03/01/31
543,058
557,000
(a)
LGI
Homes
Inc
8.750
12/15/28
573,536
262,000
(a)
LGI
Homes
Inc
4.000
07/15/29
237,661
531,000
(a),(b)
LGI
Homes
Inc
7.000
11/15/32
508,891
616,000
(a)
Life
Time
Inc
6.000
11/15/31
625,316
1,024,000
(a)
LifePoint
Health
Inc
9.875
08/15/30
1,085,641
922,000
(a)
LifePoint
Health
Inc
8.375
02/15/32
967,357
975,000
(a)
LifePoint
Health
Inc
7.000
05/01/34
950,690
455,000
(a)
Light
&
Wonder
International
Inc
7.250
11/15/29
465,367
914,000
(a)
Light
&
Wonder
International
Inc
7.500
09/01/31
952,550
1,134,000
(a)
Light
&
Wonder
International
Inc
6.250
10/01/33
1,124,602
774,000
(a)
Lindblad
Expeditions
LLC
7.000
09/15/30
795,116
325,000
(a)
Lithia
Motors
Inc
4.625
12/15/27
323,465
1,087,000
(a)
Lithia
Motors
Inc
3.875
06/01/29
1,041,776
728,000
(a)
Lithia
Motors
Inc
5.500
10/01/30
724,142
702,000
(a)
Lithia
Motors
Inc
4.375
01/15/31
666,755
1,099,000
(a)
Live
Nation
Entertainment
Inc
6.500
05/15/27
1,099,489
1,459,000
(a)
Live
Nation
Entertainment
Inc
4.750
10/15/27
1,454,639
592,000
(a)
Live
Nation
Entertainment
Inc
3.750
01/15/28
580,559
617,000
(a)
LSB
Industries
Inc
6.250
10/15/28
617,241
150,000
(a)
Lsf12
Helix
Parent
LLC
7.125
02/01/33
146,421
365,000
Lumen
Technologies
Inc
7.600
09/15/39
351,312
1,355,000
Lumen
Technologies
Inc
7.650
03/15/42
1,263,648
420,000
M/I
Homes
Inc
4.950
02/01/28
418,017
383,000
M/I
Homes
Inc
3.950
02/15/30
364,063
585,000
(a)
Macy's
Retail
Holdings
LLC
6.125
03/15/32
585,282
675,000
(a)
Macy's
Retail
Holdings
LLC
7.375
08/01/33
703,092
493,000
Macy's
Retail
Holdings
LLC
4.500
12/15/34
430,229
245,000
Macy's
Retail
Holdings
LLC
5.125
01/15/42
185,252
265,000
Macy's
Retail
Holdings
LLC
4.300
02/15/43
177,740
853,000
(a)
Madison
IAQ
LLC
4.125
06/30/28
841,114
553,000
(a)
Magnera
Corp
4.750
11/15/29
506,520
1,012,000
(a)
Magnera
Corp
7.250
11/15/31
947,520
482,000
(a)
Magnolia
Oil
&
Gas
Operating
LLC
/
Magnolia
Oil
&
Gas
Finance
Corp
6.875
12/01/32
498,715
325,000
(a)
Manitowoc
Co
Inc/The
9.250
10/01/31
347,492
493,000
Marriott
Ownership
Resorts
Inc
4.750
01/15/28
486,044
622,000
(a)
Marriott
Ownership
Resorts
Inc
4.500
06/15/29
594,780
783,000
(a)
Marriott
Ownership
Resorts
Inc
6.500
10/01/33
752,890
815,000
(a)
Martin
Midstream
Partners
LP
/
Martin
Midstream
Finance
Corp
11.500
02/15/28
838,443
876,000
(a),(b)
Masterbrand
Inc
7.000
07/15/32
871,240
1,439,000
(a)
Matador
Resources
Co
6.500
04/15/32
1,469,455
849,000
(a)
Matador
Resources
Co
6.250
04/15/33
863,404
409,000
(a)
Match
Group
Holdings
II
LLC
5.000
12/15/27
407,720
432,000
(a)
Match
Group
Holdings
II
LLC
4.625
06/01/28
426,446
482,000
(a)
Match
Group
Holdings
II
LLC
5.625
02/15/29
483,409
904,000
(a)
Match
Group
Holdings
II
LLC
4.125
08/01/30
849,011
529,000
(a)
Match
Group
Holdings
II
LLC
3.625
10/01/31
474,059
861,000
(a)
Match
Group
Holdings
II
LLC
6.125
09/15/33
850,709
770,000
(a)
Mattamy
Group
Corp
4.625
03/01/30
735,361
237,000
(a)
Mattamy
Group
Corp
6.000
12/15/33
227,536
3,475,000
(a)
Mauser
Packaging
Solutions
Holding
Co
7.875
04/15/30
3,513,798
469,000
(a)
Maxam
Prill
Sarl
7.750
07/15/30
484,713
897,000
(a)
McGraw-Hill
Education
Inc
5.750
08/01/28
890,195
825,000
(a)
McGraw-Hill
Education
Inc
7.375
09/01/31
852,415
2,741,000
(a)
Medline
Borrower
LP
5.250
10/01/29
2,727,873
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
INDUSTRIAL
(continued)
$
1,530,000
(a)
Meridian
Arc
Holdco
LLC
6.250
%
04/30/31
$
1,529,652
714,000
(a)
Merlin
Entertainments
Group
US
Holdings
Inc
7.375
02/15/31
588,665
649,000
Methanex
Corp
5.125
10/15/27
649,365
1,111,000
Methanex
Corp
5.250
12/15/29
1,104,200
486,000
Methanex
Corp
5.650
12/01/44
441,904
595,000
(a)
Methanex
US
Operations
Inc
6.250
03/15/32
612,282
246,000
MGM
Resorts
International
5.500
04/15/27
246,347
787,000
MGM
Resorts
International
4.750
10/15/28
779,433
1,391,000
MGM
Resorts
International
6.125
09/15/29
1,409,251
1,058,000
MGM
Resorts
International
6.500
04/15/32
1,071,384
1,525,000
(a)
Michaels
Cos
Inc/The
8.500
03/15/33
1,506,014
958,000
(a)
Midcontinent
Communications
8.000
08/15/32
901,601
921,000
(a)
Midwest
Gaming
Borrower
LLC
/
Midwest
Gaming
Finance
Corp
4.875
05/01/29
900,461
180,000
(a)
Millicom
International
Cellular
SA2028
2028
5.125
01/15/28
179,284
1,395,000
(a)
Millicom
International
Cellular
SA2029
2029
6.250
03/25/29
1,401,386
1,078,000
(a)
Millicom
International
Cellular
SA
4.500
04/27/31
1,006,244
1,200,000
(a)
Millicom
International
Cellular
SA
7.375
04/02/32
1,241,640
1,452,000
(a)
Millrose
Properties
Inc
6.375
08/01/30
1,470,533
998,000
(a)
Millrose
Properties
Inc
6.250
09/15/32
1,002,373
2,002,000
(a)
Mineral
Resources
Ltd
9.250
10/01/28
2,077,857
648,000
(a)
Mineral
Resources
Ltd
8.500
05/01/30
667,471
633,000
(a)
Mineral
Resources
Ltd
7.000
04/01/31
657,034
115,000
(a)
Mineral
Resources
Ltd
6.250
05/01/34
113,554
454,000
(a)
Minerals
Technologies
Inc
5.000
07/01/28
451,281
946,000
(a)
Miter
Brands
Acquisition
Holdco
Inc
/
MIWD
Borrower
LLC
6.750
04/01/32
935,064
514,000
(a)
MIWD
Holdco
II
LLC
/
MIWD
Finance
Corp
5.500
02/01/30
474,198
147,000
(a)
Mobius
Merger
Sub
Inc
9.000
06/01/30
99,802
880,000
(a)
Mohegan
Tribal
Gaming
Authority
/
MS
Digital
Entertainment
Holdings
LLC
8.250
04/15/30
916,076
1,070,000
(a)
Mohegan
Tribal
Gaming
Authority
/
MS
Digital
Entertainment
Holdings
LLC
11.875
04/15/31
1,148,326
565,000
(a)
Moog
Inc
5.500
10/15/34
565,504
884,000
(a)
Moss
Creek
Resources
Holdings
Inc
8.250
09/01/31
894,924
479,000
(a)
Motion
Finco
Sarl
8.375
02/15/32
392,348
566,000
(a)
Mueller
Water
Products
Inc
4.000
06/15/29
548,225
600,000
Murphy
Oil
Corp
6.000
10/01/32
603,952
350,000
Murphy
Oil
Corp
6.500
02/15/34
352,698
819,000
Murphy
Oil
Corp
5.875
12/01/42
710,798
426,000
Murphy
Oil
USA
Inc
5.625
05/01/27
426,693
510,000
Murphy
Oil
USA
Inc
4.750
09/15/29
504,720
627,000
(a)
Murphy
Oil
USA
Inc
3.750
02/15/31
585,639
457,000
(a)
Nabors
Industries
Inc
9.125
01/31/30
479,954
1,390,000
(a)
Nabors
Industries
Inc
8.875
08/15/31
1,467,732
250,000
(a)
Nabors
Industries
Inc
7.625
11/15/32
260,857
1,550,000
(a)
National
Mentor
Holdings
Inc
10.500
12/15/30
1,621,524
621,000
(a)
NCL
Corp
Ltd
7.750
02/15/29
648,276
442,000
(a)
NCL
Corp
Ltd
6.250
03/01/30
440,964
1,557,000
(a)
NCL
Corp
Ltd
5.875
01/15/31
1,515,460
2,013,000
(a)
NCL
Corp
Ltd
6.750
02/01/32
2,003,124
1,520,000
(a)
NCL
Corp
Ltd
6.250
09/15/33
1,471,103
446,000
(a)
NCL
Finance
Ltd
6.125
03/15/28
452,487
1,614,000
(a)
NCR
Atleos
Corp
9.500
04/01/29
1,717,065
621,000
(a)
NCR
Voyix
Corp
5.000
10/01/28
608,111
791,000
(a)
NCR
Voyix
Corp
5.125
04/15/29
767,974
375,000
(a)
Neogen
Food
Safety
Corp
8.625
07/20/30
394,248
3,181,000
(a)
Neptune
Bidco
US
Inc
9.290
04/15/29
3,217,103
715,000
(a)
Neptune
Bidco
US
Inc
10.375
05/15/31
737,859
1,400,000
(a)
Neptune
Bidco
US
Inc
9.500
02/15/33
1,401,111
1,118,000
(a)
NESCO
Holdings
II
Inc
5.500
04/15/29
1,112,425
686,000
(a)
New
Enterprise
Stone
&
Lime
Co
Inc
5.250
07/15/28
680,062
691,000
(a)
New
Flyer
Holdings
Inc
9.250
07/01/30
745,623
395,000
(a)
New
Gold
Inc
6.875
04/01/32
408,155
Portfolio
of
Investments
April
30,
2026
(continued)
NHYB
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
INDUSTRIAL
(continued)
$
630,000
Newell
Brands
Inc
6.375
%
09/15/27
$
634,342
1,318,000
(a)
Newell
Brands
Inc
8.500
06/01/28
1,377,264
851,000
Newell
Brands
Inc
6.375
05/15/30
833,474
1,197,000
Newell
Brands
Inc
6.625
05/15/32
1,162,028
447,000
Newell
Brands
Inc
7.375
04/01/36
425,652
799,000
Newell
Brands
Inc
7.500
04/01/46
689,375
50,000
(a)
Newfold
Digital
Holdings
Group
Inc
11.750
04/30/29
38,750
571,000
Newmark
Group
Inc
7.500
01/12/29
601,092
1,425,000
(a)
Nexstar
Media
Inc
4.750
11/01/28
1,403,997
3,155,000
(a)
Nexstar
Media
Inc
6.500
09/15/33
3,179,281
2,225,000
(a)
Nexstar
Media
Inc
7.250
04/15/34
2,239,209
1,099,000
(a)
NGL
Energy
Operating
LLC
/
NGL
Energy
Finance
Corp
8.125
02/15/29
1,139,199
1,616,000
(a)
NGL
Energy
Operating
LLC
/
NGL
Energy
Finance
Corp
8.375
02/15/32
1,696,137
543,000
(a)
Nissan
Motor
Acceptance
Co
LLC
5.300
09/13/27
541,312
549,000
(a)
Nissan
Motor
Acceptance
Co
LLC
2.750
03/09/28
520,600
396,000
(a)
Nissan
Motor
Acceptance
Co
LLC
2.450
09/15/28
365,825
707,000
(a)
Nissan
Motor
Acceptance
Co
LLC
7.050
09/15/28
725,043
1,008,000
(a)
Nissan
Motor
Acceptance
Co
LLC
5.625
09/29/28
1,002,387
1,355,000
(a)
Nissan
Motor
Acceptance
Co
LLC
6.125
09/30/30
1,334,519
2,830,000
Nissan
Motor
Co
Ltd
4.345
09/17/27
2,796,095
2,211,000
(a)
Nissan
Motor
Co
Ltd
7.500
07/17/30
2,284,558
2,884,000
(a)
Nissan
Motor
Co
Ltd
4.810
09/17/30
2,693,423
803,000
(a)
Nissan
Motor
Co
Ltd
7.750
07/17/32
837,095
1,468,000
(a)
Nissan
Motor
Co
Ltd
8.125
07/17/35
1,548,845
1,603,000
(a)
Noble
Finance
II
LLC
8.000
04/15/30
1,667,226
507,000
Nordstrom
Inc
4.000
03/15/27
497,194
251,000
Nordstrom
Inc
6.950
03/15/28
255,981
580,000
Nordstrom
Inc
4.375
04/01/30
551,153
648,000
Nordstrom
Inc
4.250
08/01/31
596,487
1,132,000
Nordstrom
Inc
5.000
01/15/44
791,401
668,000
(a)
Northern
Oil
&
Gas
Inc
8.750
06/15/31
697,546
910,000
(a)
Northern
Oil
&
Gas
Inc
7.875
10/15/33
943,119
773,000
(a)
Northriver
Midstream
Finance
LP
6.750
07/15/32
791,455
1,426,000
(a)
NOVA
Chemicals
Corp
4.250
05/15/29
1,389,280
999,000
(a)
NOVA
Chemicals
Corp
7.000
12/01/31
1,057,160
1,790,000
(a)
Novelis
Corp
4.750
01/30/30
1,714,789
824,000
(a)
Novelis
Corp
6.875
01/30/30
844,778
692,000
(a)
Novelis
Corp
3.875
08/15/31
629,049
1,384,000
(a)
Novelis
Corp
6.375
08/15/33
1,389,809
316,000
(a)
Nufarm
Australia
Ltd
/
Nufarm
Americas
Inc
5.000
01/27/30
290,491
692,000
NuStar
Logistics
LP
5.625
04/28/27
694,472
738,000
NuStar
Logistics
LP
6.375
10/01/30
767,169
330,000
(a)
OAK-Eagle
Acquireco
Inc
7.250
07/01/33
340,037
400,000
Oceaneering
International
Inc
6.000
02/01/28
402,798
604,000
(a)
OI
European
Group
BV
4.750
02/15/30
560,793
611,000
Olin
Corp
5.625
08/01/29
606,895
753,000
(a)
Olin
Corp
6.625
04/01/33
745,957
809,000
(a)
Olympus
Water
US
Holding
Corp
4.250
10/01/28
786,862
764,000
(a)
Olympus
Water
US
Holding
Corp
7.250
06/15/31
768,530
1,177,000
(a)
Olympus
Water
US
Holding
Corp
6.750
08/01/32
1,140,838
1,696,000
(a)
Olympus
Water
US
Holding
Corp
7.250
02/15/33
1,657,743
708,000
(a)
ON
Semiconductor
Corp
3.875
09/01/28
690,218
717,000
(a)
OneSky
Flight
LLC
8.875
12/15/29
757,255
566,000
(a)
Ontario
Gaming
GTA
LP/OTG
Co-Issuer
Inc
8.000
08/01/30
559,348
1,463,000
(a)
Opal
Bidco
SAS
6.500
03/31/32
1,489,454
875,000
(a)
Open
Text
Corp
3.875
02/15/28
846,621
1,047,000
(a)
Open
Text
Corp
3.875
12/01/29
943,649
1,304,000
(a)
Open
Text
Holdings
Inc
4.125
02/15/30
1,173,905
775,000
(a)
Open
Text
Holdings
Inc
4.125
12/01/31
661,753
617,000
(a)
Option
Care
Health
Inc
4.375
10/31/29
597,161
2,503,000
(a)
Organon
&
Co
/
Organon
Foreign
Debt
Co-Issuer
BV
4.125
04/30/28
2,470,428
2,052,000
(a)
Organon
&
Co
/
Organon
Foreign
Debt
Co-Issuer
BV
5.125
04/30/31
2,038,964
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
INDUSTRIAL
(continued)
$
749,000
(a)
Organon
&
Co
/
Organon
Foreign
Debt
Co-Issuer
BV
6.750
%
05/15/34
$
789,703
976,000
(a)
Organon
&
Co
/
Organon
Foreign
Debt
Co-Issuer
BV
7.875
05/15/34
1,045,634
243,000
(a)
Outfront
Media
Capital
LLC
/
Outfront
Media
Capital
Corp
5.000
08/15/27
242,640
513,000
(a)
Outfront
Media
Capital
LLC
/
Outfront
Media
Capital
Corp
4.250
01/15/29
500,495
867,000
(a)
Outfront
Media
Capital
LLC
/
Outfront
Media
Capital
Corp
7.375
02/15/31
906,778
675,000
(a)
Owens-Brockway
Glass
Container
Inc
6.625
05/13/27
675,689
944,000
(a)
Owens-Brockway
Glass
Container
Inc
7.250
05/15/31
902,148
272,000
(a)
Owens-Brockway
Glass
Container
Inc
7.375
06/01/32
256,991
483,000
(a)
Pagaya
US
Holdings
Co
LLC
8.875
08/01/30
374,792
461,000
(a)
Papa
John's
International
Inc
3.875
09/15/29
441,266
599,000
(a)
Paradigm
Parent
LLC
and
Paradigm
Parent
CO-Issuer
Inc
8.750
04/17/32
540,514
1,500,000
Paramount
Global
7.875
07/30/30
1,596,165
1,500,000
Paramount
Global
4.950
01/15/31
1,414,963
1,500,000
Paramount
Global
4.200
05/19/32
1,310,845
525,000
Paramount
Global
5.500
05/15/33
475,791
165,000
Paramount
Global
6.875
04/30/36
153,492
255,000
Paramount
Global
5.900
10/15/40
197,989
185,000
Paramount
Global
4.850
07/01/42
124,521
1,500,000
Paramount
Global
4.375
03/15/43
956,549
195,000
Paramount
Global
5.850
09/01/43
143,143
190,000
Paramount
Global
5.250
04/01/44
128,623
160,000
Paramount
Global
4.900
08/15/44
104,925
692,000
Paramount
Global
6.250
02/28/57
494,380
846,000
Paramount
Global
6.375
03/30/62
656,108
220,000
(a)
Park
River
Holdings
Inc
8.000
03/15/31
221,207
416,000
(a)
Park-Ohio
Industries
Inc
8.500
08/01/30
432,977
404,000
(a)
Patrick
Industries
Inc
4.750
05/01/29
396,917
621,000
(a)
Patrick
Industries
Inc
6.375
11/01/32
624,812
424,000
(a),(b)
Paysafe
Finance
PLC
/
Paysafe
Holdings
US
Corp
4.000
06/15/29
355,185
760,000
PBF
Holding
Co
LLC
/
PBF
Finance
Corp
6.000
02/15/28
759,340
896,000
(a)
PBF
Holding
Co
LLC
/
PBF
Finance
Corp
9.875
03/15/30
962,765
961,000
(a)
PBF
Holding
Co
LLC
/
PBF
Finance
Corp
7.875
09/15/30
985,128
508,000
(a)
Pediatrix
Medical
Group
Inc
5.375
02/15/30
505,114
332,000
(a)
Penn
Entertainment
Inc
5.625
01/15/27
331,915
390,000
(a),(b)
Penn
Entertainment
Inc
4.125
07/01/29
371,186
750,000
(a)
Penn
Entertainment
Inc
6.750
04/01/31
743,809
625,000
Penske
Automotive
Group
Inc
3.750
06/15/29
599,150
325,000
(a)
Perenti
Finance
Pty
Ltd
7.500
04/26/29
335,171
983,000
(a)
Performance
Food
Group
Inc
4.250
08/01/29
953,023
1,520,000
(a)
Performance
Food
Group
Inc
6.125
09/15/32
1,540,778
1,500,000
(a)
Performance
Food
Group
Inc
5.625
03/01/34
1,468,743
750,000
(a)
PERIMETER
HOL
6.250
01/15/34
746,385
656,000
Perrigo
Finance
Unlimited
Co
5.150
06/15/30
622,199
1,079,000
Perrigo
Finance
Unlimited
Co
6.125
09/30/32
1,015,304
440,000
Perrigo
Finance
Unlimited
Co
4.900
12/15/44
321,370
350,000
(a)
Petco
Health
&
Wellness
Co
Inc
8.250
02/01/31
353,457
2,361,000
(a)
PetSmart
Inc
/
PetSmart
Finance
Corp
7.500
09/15/32
2,390,745
500,000
(a)
Phinia
Inc
6.750
04/15/29
511,770
691,000
(a)
Phinia
Inc
6.625
10/15/32
707,950
1,083,000
Pilgrim's
Pride
Corp
4.250
04/15/31
1,040,919
1,156,000
Pilgrim's
Pride
Corp
3.500
03/01/32
1,055,889
557,000
Pilgrim's
Pride
Corp
6.250
07/01/33
584,046
826,000
Pilgrim's
Pride
Corp
6.875
05/15/34
897,224
439,000
(a)
Pitney
Bowes
Inc
6.875
03/15/27
438,766
420,000
(a)
Pitney
Bowes
Inc
7.250
03/15/29
422,384
70,000
(a)
PLS
Group
Ltd
6.875
05/01/31
71,654
639,000
(a)
Post
Holdings
Inc
4.625
04/15/30
620,810
1,045,000
(a)
Post
Holdings
Inc
4.500
09/15/31
982,445
1,468,000
(a)
Post
Holdings
Inc
6.250
02/15/32
1,496,034
1,640,000
(a)
Post
Holdings
Inc
6.375
03/01/33
1,639,362
1,524,000
(a)
Post
Holdings
Inc
6.250
10/15/34
1,504,435
2,200,000
(a)
Post
Holdings
Inc
6.500
03/15/36
2,185,537
Portfolio
of
Investments
April
30,
2026
(continued)
NHYB
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
INDUSTRIAL
(continued)
$
4,000,000
(a)
PR
RNO
Property
Owner
1
LLC
6.500
%
05/01/31
$
3,964,856
555,000
(a)
Prairie
Acquiror
LP
9.000
08/01/29
579,571
449,000
(a)
Precision
Drilling
Corp
6.875
01/15/29
453,054
386,000
(a)
Prestige
Brands
Inc
5.125
01/15/28
385,427
817,000
(a)
Prestige
Brands
Inc
3.750
04/01/31
754,631
1,807,000
(a)
Prime
Healthcare
Services
Inc
9.375
09/01/29
1,873,812
1,220,000
(a)
Prime
Security
Services
Borrower
LLC
/
Prime
Finance
Inc
3.375
08/31/27
1,196,236
954,000
(a)
Primo
Water
Holdings
Inc
/
Triton
Water
Holdings
Inc
6.250
04/01/29
955,136
848,000
(a)
Primo
Water
Holdings
Inc
/
Triton
Water
Holdings
Inc
4.375
04/30/29
827,559
498,000
(a)
PTC
Inc
4.000
02/15/28
486,152
1,075,000
(a)
Qnity
Electronics
Inc
5.750
08/15/32
1,085,343
1,044,000
(a)
Qnity
Electronics
Inc
6.250
08/15/33
1,068,144
4,818,000
(a)
Quikrete
Holdings
Inc
6.375
03/01/32
4,894,019
1,961,000
(a)
Quikrete
Holdings
Inc
6.750
03/01/33
1,988,581
2,802,000
(a)
QXO
Building
Products
Inc
6.750
04/30/32
2,858,153
1,091,000
(a)
Radiology
Partners
Inc
8.500
07/15/32
1,084,759
400,000
(a)
Railworks
Holdings
LP
/
Railworks
Rally
Inc
8.250
11/15/28
400,863
1,580,000
(a)
Rain
Carbon
Inc
12.250
09/01/29
1,662,361
2,189,000
(a)
Rakuten
Group
Inc
11.250
02/15/27
2,275,938
2,328,000
(a)
Rakuten
Group
Inc
9.750
04/15/29
2,553,842
1,148,000
(a),(d)
Rakuten
Group
Inc
6.250
N/A
1,083,280
1,047,000
(a)
Rand
Parent
LLC
8.500
02/15/30
1,087,570
550,000
(a)
Range
Resources
Corp
4.750
02/15/30
539,638
1,632,000
(a)
Raven
Acquisition
Holdings
LLC
6.875
11/15/31
1,615,519
452,000
(a)
RB
Global
Holdings
Inc
6.750
03/15/28
458,128
1,127,000
(a)
RB
Global
Holdings
Inc
7.750
03/15/31
1,170,141
311,000
(a)
Resideo
Funding
Inc
4.000
09/01/29
296,611
832,000
(a)
Resideo
Funding
Inc
6.500
07/15/32
839,651
1,060,000
(a)
Resorts
World
Las
Vegas
LLC
/
RWLV
Capital
Inc
4.625
04/16/29
947,518
819,000
(a)
Resorts
World
Las
Vegas
LLC
/
RWLV
Capital
Inc
8.450
07/27/30
811,694
344,000
(a)
Resorts
World
Las
Vegas
LLC
/
RWLV
Capital
Inc
4.625
04/06/31
291,035
238,000
(a)
Reworld
Holding
Corp
4.875
12/01/29
227,470
682,000
(a)
RingCentral
Inc
8.500
08/15/30
716,253
950,000
(a)
Risewell
Homes
Inc
9.250
10/01/29
985,721
215,000
(a)
Risewell
Homes
Inc
8.500
11/01/30
219,670
711,000
(a)
Rivers
Enterprise
Borrower
LLC
6.250
10/15/30
723,280
698,000
(a)
Rivers
Enterprise
Borrower
LLC
/
Rivers
Enterprise
Finance
Corp
6.625
02/01/33
712,684
1,191,000
(a)
ROBLOX
Corp
3.875
05/01/30
1,128,103
966,000
(a)
Rocket
Software
Inc
9.000
11/28/28
961,219
550,000
(a)
Rockies
Express
Pipeline
LLC
4.950
07/15/29
542,474
434,000
(a)
Rockies
Express
Pipeline
LLC
4.800
05/15/30
422,903
780,000
(a)
Rockies
Express
Pipeline
LLC
6.750
03/15/33
813,248
346,000
(a)
Rockies
Express
Pipeline
LLC
7.500
07/15/38
364,592
644,000
(a)
Rockies
Express
Pipeline
LLC
6.875
04/15/40
650,365
1,670,000
Rogers
Communications
Inc
7.000
04/15/55
1,704,552
1,934,000
Rogers
Communications
Inc
7.125
04/15/55
1,995,135
1,500,000
Rogers
Communications
Inc
6.875
07/31/56
1,523,395
489,000
(a)
Rogers
Communications
Inc
5.250
03/15/82
486,231
635,000
(a)
Roller
Bearing
Co
of
America
Inc
4.375
10/15/29
620,893
1,283,000
(a)
RR
Donnelley
&
Sons
Co
9.500
08/01/29
1,324,229
601,000
(a)
RR
Donnelley
&
Sons
Co
10.875
08/01/29
617,473
600,000
(a)
RXO
Inc
6.375
05/15/31
594,147
711,000
(a)
S&S
Holdings
LLC
8.375
10/01/31
654,208
400,000
(a)
Sabre
Financial
Borrower
LLC
11.125
06/15/29
410,607
469,000
(a)
Sabre
GLBL
Inc
10.750
11/15/29
408,354
276,000
(a)
Sabre
GLBL
Inc
10.750
03/15/30
238,406
1,453,000
(a)
Sabre
GLBL
Inc
11.125
07/15/30
1,249,580
335,000
Safeway
Inc
7.250
02/01/31
353,281
770,000
Sally
Holdings
LLC
/
Sally
Capital
Inc
6.750
04/01/32
793,641
116,000
(a)
Saturn
Oil
&
Gas
Inc
9.625
06/15/29
121,641
1,277,000
SBA
Communications
Corp
3.875
02/15/27
1,269,082
1,761,000
SBA
Communications
Corp
3.125
02/01/29
1,695,230
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
INDUSTRIAL
(continued)
$
502,000
(a)
Science
Applications
International
Corp
4.875
%
04/01/28
$
497,011
685,000
(a)
Science
Applications
International
Corp
5.875
11/01/33
675,642
1,302,000
(a)
SCIH
Salt
Holdings
Inc
4.875
05/01/28
1,289,248
200,000
Scotts
Miracle-Gro
Co/The
5.250
12/15/26
199,942
482,000
Scotts
Miracle-Gro
Co/The
4.500
10/15/29
472,388
622,000
Scotts
Miracle-Gro
Co/The
4.000
04/01/31
578,735
425,000
Scotts
Miracle-Gro
Co/The
4.375
02/01/32
396,561
671,000
(a),(b)
Scripps
Escrow
II
Inc
3.875
01/15/29
635,798
698,000
(a)
Seadrill
Finance
Ltd
8.375
08/01/30
731,728
499,000
(a)
Seagate
Data
Storage
Technology
Pte
Ltd
4.091
06/01/29
486,069
495,000
(a)
Seagate
Data
Storage
Technology
Pte
Ltd
8.250
12/15/29
517,317
621,000
(a)
Seagate
Data
Storage
Technology
Pte
Ltd
5.875
07/15/30
634,480
608,000
(a)
Seagate
Data
Storage
Technology
Pte
Ltd
8.500
07/15/31
636,867
808,000
(a)
Seagate
Data
Storage
Technology
Pte
Ltd
9.625
12/01/32
898,595
495,000
(a)
Seagate
Data
Storage
Technology
Pte
Ltd
5.750
12/01/34
503,511
928,000
(a)
Sealed
Air
Corp
6.875
07/15/33
904,663
872,000
(a)
SeaWorld
Parks
&
Entertainment
Inc
5.250
08/15/29
843,043
818,000
(a),(b)
Select
Medical
Corp
6.250
12/01/32
794,301
1,500,000
(a)
Sensata
Technologies
BV
4.000
04/15/29
1,456,716
400,000
(a)
Sensata
Technologies
Inc
4.375
02/15/30
387,825
974,000
(a)
Sensata
Technologies
Inc
3.750
02/15/31
904,732
911,000
(a)
Sensata
Technologies
Inc
6.625
05/31/32
939,952
800,000
Service
Corp
International/US
4.625
12/15/27
794,144
680,000
Service
Corp
International/US
5.125
06/01/29
678,635
969,000
Service
Corp
International/US
3.375
08/15/30
901,335
1,136,000
Service
Corp
International/US
4.000
05/15/31
1,073,316
1,021,000
Service
Corp
International/US
5.750
10/15/32
1,030,002
820,000
(a)
SES
AMERICOM
Inc
5.300
03/25/44
640,469
685,000
(a)
SES
SA
5.300
04/04/43
531,603
609,000
(a)
SESI
LLC
7.875
09/30/30
628,880
444,000
Shea
Homes
LP
/
Shea
Homes
Funding
Corp
4.750
02/15/28
438,745
467,000
Shea
Homes
LP
/
Shea
Homes
Funding
Corp
4.750
04/01/29
452,371
1,954,000
(a)
Shift4
Payments
LLC
/
Shift4
Payments
Finance
Sub
Inc
6.750
08/15/32
1,950,139
681,000
Silgan
Holdings
Inc
4.125
02/01/28
669,872
1,017,000
(a)
Simmons
Foods
Inc/Simmons
Prepared
Foods
Inc/Simmons
Pet
Food
Inc/Simmons
Feed
4.625
03/01/29
981,230
1,619,000
(a)
Sinclair
Television
Group
Inc
8.125
02/15/33
1,676,588
1,148,000
(a)
Sirius
XM
Radio
LLC
5.000
08/01/27
1,144,697
3,106,000
(a)
Sirius
XM
Radio
LLC
4.000
07/15/28
3,016,260
1,518,000
(a)
Sirius
XM
Radio
LLC
5.500
07/01/29
1,507,051
1,782,000
(a)
Sirius
XM
Radio
LLC
4.125
07/01/30
1,658,132
1,496,000
(a),(b)
Sirius
XM
Radio
LLC
3.875
09/01/31
1,354,258
1,006,000
(a)
Six
Flags
Entertainment
6.625
05/01/32
1,023,895
935,000
Six
Flags
Entertainment
Corp
7.250
05/15/31
921,913
301,000
Six
Flags
Entertainment
Corp
/
Canada's
Wonderland
Co
/
Magnum
Management
Corp
6.500
10/01/28
301,845
969,000
Six
Flags
Entertainment
Corp
/
Canada's
Wonderland
Co
/
Magnum
Management
Corp
5.250
07/15/29
932,221
1,250,000
(a)
SIX
FLAGS/CAN
WON/MILLEN
8.625
01/15/32
1,270,814
771,000
(a)
SK
Invictus
Intermediate
II
Sarl
5.000
10/30/29
759,743
359,000
SM
Energy
Co
6.625
01/15/27
359,034
1,055,000
(a)
SM
Energy
Co
8.375
07/01/28
1,082,207
149,000
SM
Energy
Co
6.500
07/15/28
149,435
1,053,000
(a)
SM
Energy
Co
6.750
08/01/29
1,080,163
1,126,000
(a)
SM
Energy
Co
8.625
11/01/30
1,191,055
1,808,000
(a)
SM
Energy
Co
8.750
07/01/31
1,896,708
396,000
(a),(b)
SM
Energy
Co
7.000
08/01/32
406,502
1,079,000
(a)
SM
Energy
Co
9.625
06/15/33
1,202,308
440,000
(a)
SM
Energy
Co
6.625
04/15/34
446,083
1,059,000
(a)
Smyrna
Ready
Mix
Concrete
LLC
6.000
11/01/28
1,058,135
1,610,000
(a)
Smyrna
Ready
Mix
Concrete
LLC
8.875
11/15/31
1,685,770
1,705,000
(a)
Snap
Inc
6.875
03/01/33
1,659,881
Portfolio
of
Investments
April
30,
2026
(continued)
NHYB
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
INDUSTRIAL
(continued)
$
961,000
(a)
Snap
Inc
6.875
%
03/15/34
$
930,125
1,111,000
(a)
Solstice
Advanced
Materials
Inc
5.625
09/30/33
1,105,082
994,000
(a)
Somnigroup
International
Inc
4.000
04/15/29
961,569
931,000
(a)
Somnigroup
International
Inc
3.875
10/15/31
861,079
764,000
(a)
Sonic
Automotive
Inc
4.625
11/15/29
747,400
673,000
(a)
Sonic
Automotive
Inc
4.875
11/15/31
647,070
974,000
(a)
Sotera
Health
Holdings
LLC
7.375
06/01/31
1,012,416
660,000
(a)
Sotheby's
8.250
04/15/31
641,184
333,000
(a)
Sotheby's/Bidfair
Holdings
Inc
5.875
06/01/29
316,144
849,000
South
Bow
Canadian
Infrastructure
Holdings
Ltd
7.500
03/01/55
897,592
510,000
South
Bow
Canadian
Infrastructure
Holdings
Ltd
7.625
03/01/55
532,294
662,000
(a)
Specialty
Building
Products
Holdings
LLC
/
SBP
Finance
Corp
7.750
10/15/29
584,275
334,000
(a)
Speedway
Motorsports
LLC
/
Speedway
Funding
II
Inc
4.875
11/01/27
332,330
1,972,000
(a)
SS&C
Technologies
Inc
5.500
09/30/27
1,970,271
1,095,000
(a)
SS&C
Technologies
Inc
6.500
06/01/32
1,107,957
1,262,000
(a)
Stagwell
Global
LLC
5.625
08/15/29
1,200,483
1,357,000
(a)
Standard
Building
Solutions
Inc
6.500
08/15/32
1,370,407
1,241,000
(a)
Standard
Building
Solutions
Inc
6.250
08/01/33
1,240,205
160,000
(a)
Standard
Building
Solutions
Inc
5.875
03/15/34
155,980
922,000
(a)
Standard
Industries
Inc/NY
4.750
01/15/28
916,696
1,878,000
(a)
Standard
Industries
Inc/NY
4.375
07/15/30
1,793,067
2,082,000
(a)
Standard
Industries
Inc/NY
3.375
01/15/31
1,889,791
2,982,000
(a)
Staples
Inc
10.750
09/01/29
2,850,344
226,000
(a)
Star
Leasing
Co
LLC
7.625
02/15/30
218,695
1,211,000
(a)
Star
Parent
Inc
9.000
10/01/30
1,268,588
655,000
(a)
Station
Casinos
LLC
4.500
02/15/28
644,814
556,000
(a)
Station
Casinos
LLC
4.625
12/01/31
523,336
799,000
(a)
Station
Casinos
LLC
6.625
03/15/32
808,960
1,041,000
(a)
Stena
International
SA
7.250
01/15/31
1,058,455
524,000
(a)
Stena
International
SA
7.625
02/15/31
537,103
1,500,000
(a)
STL
Holding
Co
LLC
8.750
02/15/29
1,556,505
1,618,000
(a)
StoneMor
Inc
8.500
05/15/29
1,596,822
624,000
(a)
Stonepeak
Nile
Parent
LLC
7.250
03/15/32
652,899
762,000
(a)
Suburban
Propane
Partners
LP/Suburban
Energy
Finance
Corp
5.000
06/01/31
731,564
800,000
(a)
Suburban
Propane
Partners
LP/Suburban
Energy
Finance
Corp
6.500
12/15/35
793,524
932,000
(a)
Summit
Midstream
Holdings
LLC
8.625
10/31/29
974,470
493,000
(a)
SunCoke
Energy
Inc
4.875
06/30/29
454,515
367,000
(a)
Sunoco
LP
5.875
07/15/27
366,989
628,000
(a)
Sunoco
LP
7.000
05/01/29
648,505
350,000
(a)
Sunoco
LP
4.500
10/01/29
342,998
314,000
(a)
Sunoco
LP
4.625
05/01/30
305,379
1,080,000
(a)
Sunoco
LP
5.625
03/31/31
1,084,008
2,603,000
(a)
Sunoco
LP
7.250
05/01/32
2,726,195
345,000
(a)
Sunoco
LP
6.625
08/15/32
352,731
1,694,000
(a)
Sunoco
LP
6.250
07/01/33
1,731,307
1,204,000
(a)
Sunoco
LP
5.875
03/15/34
1,199,679
500,000
(a)
Sunoco
LP
5.625
07/15/34
493,276
1,106,000
Sunoco
LP
/
Sunoco
Finance
Corp
5.875
03/15/28
1,107,350
226,000
(a)
Sunoco
LP
/
Sunoco
Finance
Corp
7.000
09/15/28
231,383
893,000
Sunoco
LP
/
Sunoco
Finance
Corp
4.500
05/15/29
876,961
199,000
Sunoco
LP
/
Sunoco
Finance
Corp
4.500
04/30/30
193,358
1,472,000
(a)
Sunrise
FinCo
I
BV
4.875
07/15/31
1,414,180
586,000
(a)
Superior
Plus
LP
/
Superior
General
Partner
Inc
4.500
03/15/29
568,219
4,150,000
(a)
SV
RNO
Property
Owner
1
LLC
5.875
03/01/31
4,071,767
1,500,000
(a)
Sword
Purchaser
LLC
8.250
04/15/33
1,534,737
750,000
(a)
Sword
Purchaser
LLC
10.500
04/15/34
763,144
451,000
(a)
Synaptics
Inc
4.000
06/15/29
428,881
628,000
(a)
Tallgrass
Energy
Partners
LP
/
Tallgrass
Energy
Finance
Corp
5.500
01/15/28
626,488
905,000
(a)
Tallgrass
Energy
Partners
LP
/
Tallgrass
Energy
Finance
Corp
7.375
02/15/29
932,360
872,000
(a)
Tallgrass
Energy
Partners
LP
/
Tallgrass
Energy
Finance
Corp
6.000
12/31/30
876,625
1,006,000
(a)
Tallgrass
Energy
Partners
LP
/
Tallgrass
Energy
Finance
Corp
6.000
09/01/31
1,011,514
736,000
(a)
Tallgrass
Energy
Partners
LP
/
Tallgrass
Energy
Finance
Corp
6.750
03/15/34
752,034
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
INDUSTRIAL
(continued)
$
881,000
(a)
Talos
Production
Inc
9.000
%
02/01/29
$
919,082
642,000
(a)
Talos
Production
Inc
9.375
02/01/31
683,049
577,000
(a)
Taseko
Mines
Ltd
8.250
05/01/30
604,030
702,000
(a)
Taylor
Morrison
Communities
Inc
5.750
01/15/28
708,336
1,092,000
(a)
Taylor
Morrison
Communities
Inc
5.125
08/01/30
1,087,583
817,000
(a)
Team
Health
Holdings
Inc
8.375
06/30/28
819,761
600,000
(a)
Teine
Energy
Ltd
6.875
04/15/29
600,180
1,072,000
Telecom
Italia
Capital
SA
6.375
11/15/33
1,124,986
902,000
Telecom
Italia
Capital
SA
6.000
09/30/34
927,629
616,000
Telecom
Italia
Capital
SA
7.200
07/18/36
672,396
957,000
Telecom
Italia
Capital
SA
7.721
06/04/38
1,083,577
646,000
Teleflex
Inc
4.625
11/15/27
642,653
883,000
(a)
Teleflex
Inc
4.250
06/01/28
870,177
818,000
TELUS
Corp
6.625
10/15/55
827,138
1,829,000
TELUS
Corp
7.000
10/15/55
1,891,786
650,000
TELUS
Corp
6.375
06/09/56
650,074
1,380,000
TELUS
Corp
6.625
06/09/56
1,372,404
282,000
Tenet
Healthcare
Corp
5.125
11/01/27
281,746
765,000
Tenet
Healthcare
Corp
4.625
06/15/28
759,111
851,000
Tenet
Healthcare
Corp
6.125
10/01/28
853,144
2,915,000
Tenet
Healthcare
Corp
4.250
06/01/29
2,839,303
2,425,000
Tenet
Healthcare
Corp
4.375
01/15/30
2,349,301
2,546,000
Tenet
Healthcare
Corp
6.125
06/15/30
2,561,133
2,211,000
Tenet
Healthcare
Corp
6.750
05/15/31
2,271,948
1,012,000
Tenet
Healthcare
Corp
6.875
11/15/31
1,078,401
1,400,000
(a)
Tenet
Healthcare
Corp
5.500
11/15/32
1,396,429
1,075,000
(a)
Tenet
Healthcare
Corp
6.000
11/15/33
1,086,544
2,338,000
(a)
Tenneco
Inc
8.000
11/17/28
2,365,780
710,000
(a)
Terex
Corp
5.000
05/15/29
705,172
969,000
(a)
Terex
Corp
6.250
10/15/32
984,860
800,000
(a)
TGNR
Intermediate
Holdings
LLC
5.500
10/15/29
789,114
592,000
(a)
TGS
ASA
8.500
01/15/30
618,221
744,000
(a)
Tidewater
Inc
9.125
07/15/30
800,915
409,000
Titan
International
Inc
7.000
04/30/28
408,788
477,000
(a)
TK
Elevator
US
Newco
Inc
5.250
07/15/27
477,119
446,000
(a)
TMS
International
Corp/DE
6.250
04/15/29
435,309
460,000
(a)
TopBuild
Corp
3.625
03/15/29
457,229
525,000
(a)
TopBuild
Corp
4.125
02/15/32
524,817
1,033,000
(a)
TopBuild
Corp
5.625
01/31/34
1,046,409
1,933,000
(a)
TransDigm
Inc
6.750
08/15/28
1,959,111
1,306,000
TransDigm
Inc
4.625
01/15/29
1,288,720
2,716,000
(a)
TransDigm
Inc
6.375
03/01/29
2,770,198
1,006,000
TransDigm
Inc
4.875
05/01/29
994,168
1,740,000
(a)
TransDigm
Inc
6.875
12/15/30
1,793,253
1,231,000
(a)
TransDigm
Inc
7.125
12/01/31
1,275,648
3,005,000
(a)
TransDigm
Inc
6.625
03/01/32
3,088,217
3,538,000
(a)
TransDigm
Inc
6.000
01/15/33
3,571,822
2,989,000
(a)
TransDigm
Inc
6.375
05/31/33
3,011,982
621,000
(a)
TransDigm
Inc
6.250
01/31/34
635,038
2,370,000
(a)
TransDigm
Inc
6.750
01/31/34
2,434,692
505,000
(a)
TransDigm
Inc
6.125
07/31/34
505,555
1,067,000
(a)
Transocean
International
Ltd
8.750
02/15/30
1,117,367
1,017,000
(a)
Transocean
International
Ltd
7.875
10/15/32
1,089,760
275,000
Travel
+
Leisure
Co
6.000
04/01/27
275,375
758,000
(a)
Travel
+
Leisure
Co
4.500
12/01/29
732,405
522,000
(a)
Travel
+
Leisure
Co
4.625
03/01/30
503,583
707,000
(a)
Travel
+
Leisure
Co
6.125
09/01/33
700,626
371,000
Tri
Pointe
Homes
Inc
5.250
06/01/27
370,411
452,000
Tri
Pointe
Homes
Inc
5.700
06/15/28
456,132
552,000
(a)
TriMas
Corp
4.125
04/15/29
531,054
581,000
(a)
TriNet
Group
Inc
3.500
03/01/29
540,054
511,000
(a)
TriNet
Group
Inc
7.125
08/15/31
507,229
Portfolio
of
Investments
April
30,
2026
(continued)
NHYB
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
INDUSTRIAL
(continued)
$
732,000
(a)
Trinity
Industries
Inc
7.750
%
07/15/28
$
751,355
653,000
(a)
Trivium
Packaging
Finance
BV
8.250
07/15/30
680,876
1,336,000
(a)
Tronox
Inc
4.625
03/15/29
1,118,052
535,000
(a)
TTM
Technologies
Inc
4.000
03/01/29
517,559
400,000
(a)
Turning
Point
Brands
Inc
7.625
03/15/32
412,103
534,000
(a)
Tutor
Perini
Corp
11.875
04/30/29
582,189
544,000
Twilio
Inc
3.625
03/15/29
523,159
609,000
Twilio
Inc
3.875
03/15/31
568,471
3,064,000
(a)
UKG
Inc
6.875
02/01/31
2,982,232
476,000
(a)
Under
Armour
Inc
7.250
07/15/30
484,904
792,000
(a)
Unisys
Corp
10.625
01/15/31
687,266
1,500,000
United
Airlines
Holdings
Inc
4.875
03/01/29
1,477,592
315,000
United
Airlines
Holdings
Inc
5.375
03/01/31
310,468
673,000
United
Rentals
North
America
Inc
3.875
11/15/27
664,010
1,173,000
United
Rentals
North
America
Inc
4.875
01/15/28
1,170,927
1,966,000
United
Rentals
North
America
Inc
5.250
01/15/30
1,969,904
1,875,000
United
Rentals
North
America
Inc
4.000
07/15/30
1,797,642
1,180,000
United
Rentals
North
America
Inc
3.875
02/15/31
1,117,429
842,000
United
Rentals
North
America
Inc
3.750
01/15/32
781,511
975,000
(a)
United
Rentals
North
America
Inc
5.375
11/15/33
964,063
1,394,000
(a)
United
Rentals
North
America
Inc
6.125
03/15/34
1,432,435
576,000
United
States
Steel
Corp
6.875
03/01/29
576,763
374,000
United
States
Steel
Corp
6.650
06/01/37
386,154
671,000
(a)
Uniti
Group
LP
/
Uniti
Group
Finance
2019
Inc
/
CSL
Capital
LLC
4.750
04/15/28
668,426
1,579,000
(a)
Uniti
Services
LLC
7.500
10/15/33
1,662,460
379,000
(a)
Universal
Entertainment
Corp
9.875
08/01/29
363,485
1,038,000
(a)
Univision
Communications
Inc
4.500
05/01/29
990,367
1,264,000
(a)
Univision
Communications
Inc
7.375
06/30/30
1,262,797
1,572,000
(a)
Univision
Communications
Inc
8.500
07/31/31
1,595,422
2,173,000
(a)
Univision
Communications
Inc
9.375
08/01/32
2,248,725
240,000
(a)
Univision
Communications
Inc
8.875
04/15/33
241,308
558,000
(a)
Upbound
Group
Inc
6.375
02/15/29
551,406
1,311,000
(a)
US
Acute
Care
Solutions
LLC
9.750
05/15/29
1,238,944
928,000
(a)
US
Foods
Inc
6.875
09/15/28
947,599
912,000
(a)
US
Foods
Inc
4.750
02/15/29
902,072
627,000
(a)
US
Foods
Inc
4.625
06/01/30
613,237
519,000
(a)
US
Foods
Inc
7.250
01/15/32
539,841
728,000
(a)
US
Foods
Inc
5.750
04/15/33
730,672
1,059,000
(a)
USA
Compression
Partners
LP
/
USA
Compression
Finance
Corp
7.125
03/15/29
1,094,407
1,119,000
(a)
USA
Compression
Partners
LP
/
USA
Compression
Finance
Corp
6.250
10/01/33
1,129,195
509,000
(a)
Vail
Resorts
Inc
5.625
07/15/30
505,966
815,000
(a)
Vail
Resorts
Inc
6.500
05/15/32
831,419
1,254,000
(a)
Valaris
Ltd
8.375
04/30/30
1,307,632
609,000
(a)
Valvoline
Inc
3.625
06/15/31
554,765
888,000
(a)
Venture
Global
Calcasieu
Pass
LLC
3.875
08/15/29
850,663
987,000
(a)
Venture
Global
Calcasieu
Pass
LLC
6.250
01/15/30
1,015,819
1,941,000
(a)
Venture
Global
Calcasieu
Pass
LLC
4.125
08/15/31
1,818,243
1,949,000
(a)
Venture
Global
Calcasieu
Pass
LLC
3.875
11/01/33
1,736,906
565,000
(a)
Venture
Global
Calcasieu
Pass
LLC
6.000
05/01/36
569,397
2,095,000
(a)
Venture
Global
LNG
Inc
8.125
06/01/28
2,143,648
2,983,000
(a)
Venture
Global
LNG
Inc
9.500
02/01/29
3,255,548
2,756,000
(a)
Venture
Global
LNG
Inc
7.000
01/15/30
2,834,899
3,029,000
(a)
Venture
Global
LNG
Inc
8.375
06/01/31
3,158,138
2,363,000
(a)
Venture
Global
LNG
Inc
9.875
02/01/32
2,535,156
1,125,000
(a)
Venture
Global
Plaquemines
LNG
LLC
6.125
12/15/30
1,160,188
1,356,000
(a)
Venture
Global
Plaquemines
LNG
LLC
7.500
05/01/33
1,503,754
2,115,000
(a)
Venture
Global
Plaquemines
LNG
LLC
6.500
01/15/34
2,215,465
1,140,000
(a)
Venture
Global
Plaquemines
LNG
LLC
6.500
06/15/34
1,192,934
2,047,000
(a)
Venture
Global
Plaquemines
LNG
LLC
7.750
05/01/35
2,302,290
4,017,000
(a)
Venture
Global
Plaquemines
LNG
LLC
6.750
01/15/36
4,270,232
1,219,000
Veritiv
Operating
Co
10.500
11/30/30
1,284,551
435,000
(a)
Vermilion
Energy
Inc
6.875
05/01/30
439,385
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
INDUSTRIAL
(continued)
$
559,000
(a)
Vermilion
Energy
Inc
7.250
%
02/15/33
$
567,035
1,215,000
(a)
Versant
Media
Group
Inc
7.250
01/30/31
1,261,491
428,000
VF
Corp
2.800
04/23/27
417,829
1,111,000
VF
Corp
2.950
04/23/30
1,008,023
395,000
VF
Corp
6.000
10/15/33
395,978
406,000
VF
Corp
6.450
11/01/37
388,501
706,000
(a)
Victoria's
Secret
&
Co
4.625
07/15/29
680,145
535,000
(a)
Victra
Holdings
LLC
/
Victra
Finance
Corp
8.750
09/15/29
560,188
1,049,000
(a)
Viking
Baked
Goods
Acquisition
Corp
8.625
11/01/31
1,071,046
575,000
(a)
Viking
Cruises
Ltd
7.000
02/15/29
576,544
378,000
(a)
Viking
Cruises
Ltd
9.125
07/15/31
398,311
1,987,000
(a)
Viking
Cruises
Ltd
5.875
10/15/33
1,992,049
400,000
(a)
Viking
Ocean
Cruises
Ship
VII
Ltd
5.625
02/15/29
399,740
1,225,000
(a)
Virgin
Media
Finance
PLC
5.000
07/15/30
1,032,584
800,000
(a)
Virgin
Media
O2
Vendor
Financing
Notes
VI
DAC
8.500
03/15/33
718,039
1,541,000
(a)
Virgin
Media
Secured
Finance
PLC
5.500
05/15/29
1,486,858
1,063,000
(a)
Virgin
Media
Secured
Finance
PLC
4.500
08/15/30
940,870
317,000
(a)
Viridien
10.000
10/15/30
340,424
605,000
(a)
VistaJet
Malta
Finance
PLC
/
Vista
Management
Holding
Inc
7.875
05/01/27
605,037
550,000
(a)
VistaJet
Malta
Finance
PLC
/
Vista
Management
Holding
Inc
9.500
06/01/28
555,982
1,351,000
(a),(b)
VistaJet
Malta
Finance
PLC
/
Vista
Management
Holding
Inc
6.375
02/01/30
1,265,164
600,000
(a),(c)
VistaJet
Malta
Finance
PLC
/
Vista
Management
Holding
Inc
8.750
01/15/32
580,171
474,000
(a)
Vivo
Energy
Investments
BV
5.125
09/24/27
469,250
591,000
(a)
VM
Consolidated
Inc
5.500
04/15/29
579,364
1,500,000
(a)
Vmed
O2
UK
Financing
I
PLC
4.250
01/31/31
1,291,378
1,628,000
(a)
Vmed
O2
UK
Financing
I
PLC
4.750
07/15/31
1,408,378
1,306,000
(a)
Vmed
O2
UK
Financing
I
PLC
7.750
04/15/32
1,269,647
1,600,000
(a)
Vmed
O2
UK
Financing
I
PLC
6.750
01/15/33
1,462,540
1,017,000
(a)
VOC
Escrow
Ltd
5.000
02/15/28
1,014,837
2,528,000
Vodafone
Group
PLC
7.000
04/04/79
2,636,396
1,190,000
Vodafone
Group
PLC
4.125
06/04/81
1,108,533
1,566,000
Vodafone
Group
PLC
5.125
06/04/81
1,233,155
2,179,000
(a)
Voyager
Parent
LLC
9.250
07/01/32
2,317,242
678,000
(a)
VT
Topco
Inc
8.500
08/15/30
694,170
1,966,000
(a)
VZ
Secured
Financing
BV
5.000
01/15/32
1,722,751
984,000
(a)
VZ
Secured
Financing
BV
7.500
01/15/33
953,803
702,000
(a),(b)
W&T
Offshore
Inc
10.750
02/01/29
728,325
488,000
(a)
Wabash
National
Corp
4.500
10/15/28
430,689
1,538,000
(a)
Wand
NewCo
3
Inc
7.625
01/30/32
1,601,107
1,007,000
(a)
Waste
Pro
USA
Inc
7.000
02/01/33
1,025,836
499,000
(a)
Watco
Cos
LLC
/
Watco
Finance
Corp
7.125
08/01/32
518,237
972,000
(a)
Wayfair
LLC
7.250
10/31/29
996,079
885,000
(a)
Wayfair
LLC
7.750
09/15/30
918,262
652,000
(a)
Wayfair
LLC
6.750
11/15/32
659,177
780,000
(a)
WBI
Operating
LLC
6.250
10/15/30
790,850
883,000
(a)
WBI
Operating
LLC
6.500
10/15/33
892,501
1,371,000
(a)
Weatherford
International
Ltd
6.750
10/15/33
1,422,330
483,000
(a)
Weekley
Homes
LLC
/
Weekley
Finance
Corp
4.875
09/15/28
472,245
102,000
(a)
Weekley
Homes
LLC
/
Weekley
Finance
Corp
6.750
01/15/34
100,825
1,472,000
(a)
WESCO
Distribution
Inc
7.250
06/15/28
1,475,686
884,000
(a)
WESCO
Distribution
Inc
6.375
03/15/29
901,402
1,069,000
(a)
WESCO
Distribution
Inc
6.625
03/15/32
1,107,126
1,128,000
(a)
WESCO
Distribution
Inc
6.375
03/15/33
1,165,103
255,000
(a)
WESCO
Distribution
Inc
5.500
04/15/34
254,344
655,000
(a)
WEX
Inc
6.500
03/15/33
652,391
848,000
Whirlpool
Corp
4.750
02/26/29
818,766
689,000
Whirlpool
Corp
6.125
06/15/30
675,657
450,000
Whirlpool
Corp
2.400
05/15/31
363,962
382,000
Whirlpool
Corp
4.700
05/14/32
335,296
270,000
Whirlpool
Corp
5.500
03/01/33
243,005
910,000
Whirlpool
Corp
6.500
06/15/33
871,564
455,000
Whirlpool
Corp
5.750
03/01/34
410,753
Portfolio
of
Investments
April
30,
2026
(continued)
NHYB
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
INDUSTRIAL
(continued)
$
279,000
Whirlpool
Corp
5.150
%
03/01/43
$
208,037
864,000
Whirlpool
Corp
4.600
05/15/50
580,950
700,000
(a)
Wildfire
Intermediate
Holdings
LLC
7.500
10/15/29
720,443
741,000
(a)
William
Carter
Co/The
7.375
02/15/31
761,719
463,000
(a)
Williams
Scotsman
Inc
4.625
08/15/28
458,337
633,000
(a)
Williams
Scotsman
Inc
6.625
06/15/29
649,725
793,000
(a)
Williams
Scotsman
Inc
6.625
04/15/30
816,727
571,000
(a)
Williams
Scotsman
Inc
7.375
10/01/31
594,686
907,000
(a)
Windsor
Holdings
III
LLC
8.500
06/15/30
946,804
2,688,000
(a)
Windstream
Services
LLC
/
Windstream
Escrow
Finance
Corp
8.250
10/01/31
2,843,092
498,000
(a)
WR
Grace
Holdings
LLC
7.375
03/01/31
503,180
1,005,000
(a)
WR
Grace
Holdings
LLC
6.625
08/15/32
997,538
915,000
(a)
Wrangler
Holdco
Corp
6.625
04/01/32
943,930
3,855,000
(a)
WULF
COMPUTE
LLC
7.750
10/15/30
4,051,586
485,000
(a)
Wyndham
Hotels
&
Resorts
Inc
4.375
08/15/28
477,142
950,000
(a)
Wyndham
Hotels
&
Resorts
Inc
5.625
03/01/33
940,081
1,024,000
(a)
Wynn
Las
Vegas
LLC
/
Wynn
Las
Vegas
Capital
Corp
5.250
05/15/27
1,024,924
1,263,000
(a)
Wynn
Resorts
Finance
LLC
/
Wynn
Resorts
Capital
Corp
7.125
02/15/31
1,336,762
1,091,000
(a)
Wynn
Resorts
Finance
LLC
/
Wynn
Resorts
Capital
Corp
6.250
03/15/33
1,096,351
573,000
(a),(b)
Xerox
Corp
10.250
10/15/30
478,455
576,000
(a)
Xerox
Corp
13.500
04/15/31
324,144
502,000
XPO
CNW
Inc
6.700
05/01/34
528,242
453,000
(a)
XPO
Inc
7.125
06/01/31
468,916
815,000
(a)
XPO
Inc
7.125
02/01/32
849,900
1,341,000
(a)
Yum!
Brands
Inc
4.750
01/15/30
1,327,954
1,087,000
Yum!
Brands
Inc
3.625
03/15/31
1,012,483
1,362,000
Yum!
Brands
Inc
4.625
01/31/32
1,310,322
1,250,000
Yum!
Brands
Inc
5.375
04/01/32
1,250,874
455,000
Yum!
Brands
Inc
6.875
11/15/37
500,838
419,000
Yum!
Brands
Inc
5.350
11/01/43
398,720
651,000
(a)
Zebra
Technologies
Corp
6.500
06/01/32
663,664
570,000
(a)
Zegona
Finance
PLC
8.625
07/15/29
596,262
741,000
(a)
ZF
North
America
Capital
Inc
6.875
04/14/28
759,224
654,000
(a)
ZF
North
America
Capital
Inc
7.125
04/14/30
655,740
914,000
(a)
ZF
North
America
Capital
Inc
6.750
04/23/30
907,970
2,097,000
(a)
ZF
North
America
Capital
Inc
7.500
03/24/31
2,099,700
789,000
ZF
North
America
Capital
Inc
6.875
04/23/32
772,087
519,000
(a)
Ziff
Davis
Inc
4.625
10/15/30
490,546
548,000
(a)
Ziggo
Bond
Co
BV
5.125
02/28/30
480,705
1,123,000
(a)
Ziggo
BV
4.875
01/15/30
1,056,380
319,000
(a)
ZipRecruiter
Inc
5.000
01/15/30
208,137
763,000
(a)
ZoomInfo
Technologies
LLC/ZoomInfo
Finance
Corp
3.875
02/01/29
620,739
TOTAL
INDUSTRIAL
1,292,927,452
UTILITY
-
3.5%
293,000
AES
Corp/The
7.600
01/15/55
298,488
598,000
AES
Corp/The
6.950
07/15/55
583,378
1,256,000
(a)
Alpha
Generation
LLC
6.750
10/15/32
1,286,403
906,000
(a)
Alpha
Generation
LLC
6.250
01/15/34
899,807
1,112,000
(a)
AltaGas
Ltd
7.200
10/15/54
1,155,298
300,000
(a)
Atlantica
Sustainable
Infrastructure
Ltd
4.125
06/15/28
293,023
1,214,000
(a)
California
Buyer
Ltd
/
Atlantica
Sustainable
Infrastructure
PLC
6.375
02/15/32
1,206,626
914,000
(a)
Clearway
Energy
Operating
LLC
4.750
03/15/28
908,190
1,402,000
(a)
Clearway
Energy
Operating
LLC
3.750
02/15/31
1,311,957
425,000
(a)
Clearway
Energy
Operating
LLC
3.750
01/15/32
391,848
627,000
(a)
ContourGlobal
Power
Holdings
SA
6.750
02/28/30
636,405
676,000
DPL
LLC/Ohio
4.350
04/15/29
654,543
963,000
Edison
International
8.125
06/15/53
987,973
222,000
Edison
International
7.875
06/15/54
229,002
1,744,000
(a),(d)
Electricite
de
France
SA
9.125
N/A
2,033,584
600,000
Emera
US
Finance
LLC
6.650
10/01/56
601,534
550,000
Emera
US
Finance
LLC
6.850
10/01/56
551,645
150,000
EUSHI
Finance
Inc
7.625
12/15/54
155,295
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
UTILITY
(continued)
$
571,000
EUSHI
Finance
Inc
6.250
%
04/01/56
$
565,504
608,000
(a)
Gates
Corp/DE
6.875
07/01/29
625,472
622,000
(a)
Hawaiian
Electric
Co
Inc
6.000
10/01/33
624,076
1,520,000
(a)
HTA
Group
Ltd/Mauritius
7.500
06/04/29
1,564,991
558,000
(a)
Leeward
Renewable
Energy
Operations
LLC
4.250
07/01/29
533,878
420,000
NRG
Energy
Inc
5.750
01/15/28
420,489
403,000
(a)
NRG
Energy
Inc
3.375
02/15/29
385,013
677,000
(a)
NRG
Energy
Inc
5.250
06/15/29
674,487
689,000
(a)
NRG
Energy
Inc
5.750
07/15/29
688,686
1,156,000
(a)
NRG
Energy
Inc
3.625
02/15/31
1,073,851
913,000
(a)
NRG
Energy
Inc
3.875
02/15/32
844,714
2,582,000
(a)
NRG
Energy
Inc
6.000
02/01/33
2,601,964
1,288,000
(a)
NRG
Energy
Inc
5.750
01/15/34
1,278,485
590,000
(a)
NRG
Energy
Inc
5.875
05/15/34
587,877
1,221,000
(a)
NRG
Energy
Inc
6.250
11/01/34
1,235,200
3,352,000
(a)
NRG
Energy
Inc
6.000
01/15/36
3,329,061
685,000
(a)
NRG
Energy
Inc
6.125
05/15/36
682,412
1,085,000
PacifiCorp
7.375
09/15/55
1,100,050
1,000,000
PacifiCorp
7.125
08/15/56
996,737
748,000
(a)
Pattern
Energy
Operations
LP
/
Pattern
Energy
Operations
Inc
4.500
08/15/28
734,907
993,000
PG&E
Corp
5.000
07/01/28
988,140
1,664,000
PG&E
Corp
5.250
07/01/30
1,647,303
1,643,000
PG&E
Corp
7.375
03/15/55
1,689,919
1,500,000
PG&E
Corp
6.850
09/15/56
1,499,700
500,000
(a)
Puget
Energy
Inc
7.000
09/15/56
500,626
555,000
(a)
Puget
Energy
Inc
7.250
09/15/56
558,120
1,408,000
(a)
Talen
Energy
Supply
LLC
8.625
06/01/30
1,469,796
1,851,000
(a)
Talen
Energy
Supply
LLC
6.250
02/01/34
1,837,186
1,908,000
(a)
Talen
Energy
Supply
LLC
6.500
02/01/36
1,915,225
869,000
(a)
TerraForm
Power
Operating
LLC
5.000
01/31/28
860,523
198,000
(a)
TerraForm
Power
Operating
LLC
4.750
01/15/30
191,829
400,000
TransAlta
Corp
5.875
02/01/34
398,999
465,000
TransAlta
Corp
6.500
03/15/40
465,470
175,000
(a)
TXNM
Energy
Inc
7.000
07/31/56
174,441
2,230,000
(a)
VoltaGrid
LLC
7.375
11/01/30
2,314,566
617,000
(a)
XPLR
Infrastructure
Operating
Partners
LP
4.500
09/15/27
612,467
640,000
(a)
XPLR
Infrastructure
Operating
Partners
LP
7.250
01/15/29
665,557
910,000
(a)
XPLR
Infrastructure
Operating
Partners
LP
8.375
01/15/31
972,395
1,837,000
(a)
XPLR
Infrastructure
Operating
Partners
LP
8.625
03/15/33
1,968,558
TOTAL
UTILITY
55,463,673
TOTAL
CORPORATE
DEBT
(Cost
$1,536,463,461)
1,529,227,159
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
GOVERNMENT
RELATED
-
0.0%
GOVERNMENT
AGENCY
-
0.0%
150,000
(a)
NOVA
Chemicals
Corp
5.250
06/01/27
149,935
TOTAL
GOVERNMENT
AGENCY
149,935
TOTAL
GOVERNMENT
RELATED
(Cost
$150,484)
149,935
SHARES
DESCRIPTION
VALUE
INVESTMENT
COMPANIES
-
0.7%
11,896,925
State
Street
Institutional
US
Government
Money
Market
Fund
11,896,925
TOTAL
INVESTMENT
COMPANIES
(Cost
$11,896,925)
11,896,925
TOTAL
LONG-TERM
INVESTMENTS
(Cost
$1,548,510,870)
1,541,274,019
Portfolio
of
Investments
April
30,
2026
(continued)
NHYB
Part
F
of
Form
N-PORT
was
prepared
in
accordance
with
U.S.
generally
accepted
accounting
principles
(“U.S.
GAAP”)
and
in
conformity
with
the
applicable
rules
and
regulations
of
the
U.S.
Securities
and
Exchange
Commission
(“SEC”)
related
to
interim
filings.
Part
F
of
Form
N-PORT
does
not
include
all
information
and
footnotes
required
by
U.S.
GAAP
for
complete
financial
statements.
Certain
footnote
disclosures
normally
included
in
financial
statements
prepared
in
accordance
with
U.S.
GAAP
have
been
condensed
or
omitted
from
this
report
pursuant
to
the
rules
of
the
SEC.
For
a
full
set
of
the
Fund’s
notes
to
financial
statements,
please
refer
to
the
Fund’s
most
recently
filed
annual
or
semi-annual
report.
Fair
Value
Measurements
The
Fund’s
investments
in
securities
are
recorded
at
their
estimated
fair
value
utilizing
valuation
methods
approved
by
the
Board
of
Directors/
Trustees.
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
which
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).
The
following
table
summarizes
the
market
value
of
the
Fund's
investments
as
of
the
end
of
the
reporting
period,
based
on
the
inputs
used
to
value
them:
SHARES
DESCRIPTION
RATE
VALUE
INVESTMENTS
PURCHASED
WITH
COLLATERAL
FROM
SECURITIES
LENDING
-
0.7%
10,950,372
(e)
State
Street
Navigator
Securities
Lending
Government
Money
Market
Portfolio
3.670
%
(f)
$
10,950,372
TOTAL
INVESTMENTS
PURCHASED
WITH
COLLATERAL
FROM
SECURITIES
LENDING
(Cost
$10,950,372)
10,950,372
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
SHORT-TERM
INVESTMENTS
-
0.0%
CORPORATE
DEBT
-
0.0%
INDUSTRIAL
-
0.0%
$
693,000
Buckeye
Partners
LP
3.950
12/01/26
$
687,864
TOTAL
INDUSTRIAL
687,864
TOTAL
CORPORATE
DEBT
(Cost
$689,507)
687,864
TOTAL
SHORT-TERM
INVESTMENTS
(Cost
$689,507)
687,864
TOTAL
INVESTMENTS
-
99.1%
(Cost
$1,560,150,749
)
1,552,912,255
OTHER
ASSETS
&
LIABILITIES,
NET
-
0.9%
13,369,099
NET
ASSETS
-
100%
$
1,566,281,354
REIT
Real
Estate
Investment
Trust
(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
$1,250,241,204
or
80.5%
of
Total
Investments.
(b)
Investment,
or
a
portion
of
investment,
is
out
on
loan
for
securities
lending.
The
total
value
of
the
securities
out
on
loan
as
of
the
end
of
the
reporting
period
was
$10,695,547.
(c)
When-issued
or
delayed
delivery
security.
(d)
Perpetual
security.
Maturity
date
is
not
applicable.
(e)
The
Fund
may
loan
securities
representing
up
to
one
third
of
the
value
of
its
total
assets
(which
includes
collateral
for
securities
on
loan)
to
broker
dealers,
banks,
and
other
institutions.
The
collateral
maintained
by
the
Fund
shall
have
a
value,
at
the
inception
of
each
loan,
equal
to
not
less
than
100%
of
the
value
of
the
loaned
securities.
The
cash
collateral
received
by
the
Fund
is
invested
in
this
money
market
fund.
(f)
The
rate
shown
is
the
one-day
yield
as
of
the
end
of
the
reporting
period.
NHYB
Level
1
Level
2
Level
3
Total
Long-Term
Investments:
Corporate
Debt
$
–
$
1,529,227,159
$
–
$
1,529,227,159
Government
Related
–
149,935
–
149,935
Investment
Companies
11,896,925
–
–
11,896,925
Investments
Purchased
with
Collateral
from
Securities
Lending
10,950,372
–
–
10,950,372
Short-Term
Investments:
Corporate
Debt
–
687,864
–
687,864
Total
$
22,847,297
$
1,530,064,958
$
–
$
1,552,912,255
a
Portfolio
of
Investments
April
30,
2026
NSCI
(Unaudited)
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
LONG-TERM
INVESTMENTS
-
104.5%
CORPORATE
DEBT
-
0.7%
FINANCIALS
-
0.7%
$
1,000,000
(a),(b)
Vitality
Re
XVII
Ltd
0
.000
%
01/08/30
$
998,600
TOTAL
FINANCIALS
998,600
TOTAL
CORPORATE
DEBT
(Cost
$1,000,000)
998,600
SHARES
DESCRIPTION
VALUE
INVESTMENT
COMPANIES
-
7.7%
11,092,438
State
Street
Institutional
US
Government
Money
Market
Fund
11,092,438
TOTAL
INVESTMENT
COMPANIES
(Cost
$11,092,438)
11,092,438
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
SECURITIZED
-
96.1%
500,000
(a)
3650R
2021-PF1
Commercial
Mortgage
Trust
5
.291
11/15/55
499,316
500,000
(a),(b)
Aimco
CLO
14
Ltd
(
TSFR3M
+
1
.700
%
)
5
.375
10/20/38
500,616
500,000
(a),(b)
AIMCO
CLO
17
Ltd
(
TSFR3M
+
2
.900
%
)
6
.564
07/20/37
500,862
1,250,000
(b)
Angel
Oak
Mortgage
Trust
5
.767
12/25/70
1,241,761
1,250,000
(b)
Angel
Oak
Mortgage
Trust
2025-11
5
.621
10/25/70
1,239,467
250,000
(a),(b)
Angel
Oak
Mortgage
Trust
2025-8
6
.217
07/25/70
250,814
500,000
(a),(b)
Apidos
Clo
LIV
(
TSFR3M
+
1
.800
%
)
5
.475
10/20/38
500,677
500,000
(a),(b)
ARDN
2025-ARCP
Mortgage
Trust
(
TSFR1M
+
5
.650
%
)
9
.305
06/15/35
501,752
1,000,000
(a),(b)
BAMLL
Trust
2025-ASHF
(
TSFR1M
+
2
.350
%
)
6
.005
02/15/42
1,001,944
1,000,000
(a)
BANK
2017-BNK8
4
.225
11/15/50
849,743
1,000,000
BANK
2019-BNK18
3
.977
05/15/62
882,554
650,000
(a)
BANK
2019-BNK20
3
.767
09/15/62
492,481
1,000,000
BANK
2025-BNK51
5
.544
12/25/67
1,013,685
825,000
Barclays
Commercial
Mortgage
Trust
2019-C4
3
.469
08/15/52
684,327
1,500,000
(b)
BBCMS
Trust
2015-SRCH
4
.498
08/10/35
1,434,466
100,000
(a),(b)
BBCMS
Trust
2015-SRCH
5
.122
08/10/35
93,172
500,000
(a)
Benchmark
2018-B2
Mortgage
Trust
4
.432
02/15/51
331,777
750,000
(a)
Benchmark
2018-B3
Mortgage
Trust
4
.553
04/10/51
641,083
750,000
(a)
Benchmark
2019-B10
Mortgage
Trust
4
.180
03/15/62
694,151
500,000
Benchmark
2019-B12
Mortgage
Trust
3
.570
08/15/52
438,124
600,000
(a)
Benchmark
2019-B13
Mortgage
Trust
3
.839
08/15/57
507,566
1,000,000
(a)
Benchmark
2019-B14
Mortgage
Trust
3
.898
12/15/62
714,578
1,000,000
Benchmark
2019-B15
Mortgage
Trust
3
.564
12/15/72
864,380
1,000,000
(a)
Benchmark
2019-B9
Mortgage
Trust
4
.971
03/15/52
885,287
750,000
Benchmark
2021-B23
Mortgage
Trust
2
.095
02/15/54
575,640
500,000
Benchmark
2021-B24
Mortgage
Trust
2
.584
03/15/54
449,620
500,000
(a),(b)
Benefit
Street
Partners
CLO
IV
Ltd
(
TSFR3M
+
1
.800
%
)
5
.475
10/20/38
501,082
630,000
(a)
BMO
2024-C10
Mortgage
Trust
6
.079
11/15/57
634,170
1,000,000
(a),(b)
BOCA
Commercial
Mortgage
Trust
2025-BOCA
(
TSFR1M
+
2
.150
%
)
5
.805
12/15/42
1,004,585
500,000
(a),(b)
BSST
2022-1700
Mortgage
Trust
(
TSFR1M
+
1
.300
%
)
4
.955
02/15/37
443,592
800,000
(a),(b)
BX
Commercial
Mortgage
Trust
2024-BRBK
(
TSFR1M
+
4
.874
%
)
8
.538
10/15/41
800,690
1,111,503
(a),(b)
BX
Trust
(
TSFR1M
+
1
.750
%
)
5
.405
11/15/42
1,114,123
1,125,000
(a),(b)
BX
Trust
(
TSFR1M
+
3
.050
%
)
6
.705
12/15/42
1,131,027
545,562
(a),(b)
BX
Trust
2024-FNX
(
TSFR1M
+
2
.291
%
)
6
.603
11/15/41
546,872
778,260
(a),(b)
BX
Trust
2025-LUNR
(
TSFR1M
+
1
.850
%
)
5
.505
06/15/40
781,002
800,000
(a),(b)
BX
Trust
2025-OMG
(
TSFR1M
+
2
.400
%
)
6
.055
10/15/42
797,198
500,000
(b)
Cajun
Global
LLC
5
.912
11/20/55
496,670
250,000
(b)
Cajun
Global
LLC
8
.720
11/20/55
246,072
875,000
(b)
Canon
Music
Issuer
Trust
5
.521
05/01/76
878,535
600,000
(a)
Cantor
Commercial
Real
Estate
Lending
2019-CF1
4
.352
05/15/52
494,622
500,000
(a),(b)
CARLYLE
US
CLO
2021-8
LTD
(
TSFR3M
+
1
.900
%
)
5
.573
10/15/38
501,613
1,000,000
(b),(c)
Castlelake
Aircraft
Structured
Trust
2026-2
5
.333
04/15/51
1,000,000
1,000,000
(b)
Centersquare
Issuer
LLC
5
.000
08/25/55
951,227
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
SECURITIZED
(continued)
$
1,190,166
(a),(b)
Chase
Home
Lending
Mortgage
Trust
2025-10
6
.589
%
07/25/56
$
1,210,333
400,000
(a),(b)
CIFC
Funding
2021-V
Ltd
(
TSFR3M
+
1
.800
%
)
5
.473
01/15/38
400,585
1,000,000
(a),(b)
CIP
Commercial
Mortgage
Trust
2025-SBAY
(
TSFR1M
+
2
.300
%
)
6
.400
10/15/37
1,002,813
600,000
(a)
Citigroup
Commercial
Mortgage
Trust
2015-GC29
4
.106
04/10/48
537,294
1,000,000
(a)
Citigroup
Commercial
Mortgage
Trust
2016-P3
4
.271
04/15/49
979,363
1,500,000
(a)
Citigroup
Commercial
Mortgage
Trust
2017-P8
3
.789
09/15/50
1,426,152
1,000,000
(a),(b)
COLT
2025-11
Mortgage
Loan
Trust
5
.952
11/25/70
995,984
500,000
(a)
COMM
2014-UBS3
Mortgage
Trust
4
.717
06/10/47
464,692
210,000
(a)
COMM
2015-CCRE24
Mortgage
Trust
3
.463
08/10/48
194,127
1,000,000
(a)
COMM
2018-COR3
Mortgage
Trust
4
.668
05/10/51
864,329
500,000
(a)
COMM
2019-GC44
Mortgage
Trust
3
.631
08/15/57
413,732
1,190,000
(a),(b)
Connecticut
Avenue
Securities
Trust
2023-R01
(
SOFR30A
+
5
.100
%
)
8
.745
12/25/42
1,263,319
245,000
(a),(b)
Connecticut
Avenue
Securities
Trust
2023-R03
(
SOFR30A
+
6
.350
%
)
9
.995
04/25/43
268,439
1,200,000
(a),(b)
Connecticut
Avenue
Securities
Trust
2023-R06
(
SOFR30A
+
2
.700
%
)
6
.345
07/25/43
1,230,310
1,200,000
(a),(b)
Connecticut
Avenue
Securities
Trust
2023-R07
(
SOFR30A
+
3
.250
%
)
6
.895
09/25/43
1,233,955
1,175,000
(a),(b)
Connecticut
Avenue
Securities
Trust
2023-R08
(
SOFR30A
+
2
.500
%
)
6
.145
10/25/43
1,197,482
700,000
(a),(b)
Connecticut
Avenue
Securities
Trust
2024-R02
(
SOFR30A
+
1
.800
%
)
6
.150
02/25/44
705,135
1,000,000
(b)
Consolidated
Communications
LLC/Fidium
Fiber
Finance
Holdco
LLC
5
.522
12/20/55
1,009,313
1,000,000
(b)
Crescendo
Royalty
Funding
LP
3
.567
12/20/51
995,216
500,000
(a)
CSMC
Trust
2016-NXSR
4
.422
12/15/49
484,147
725,000
(b)
DataBank
Issuer
5
.811
02/25/56
726,890
1,221,937
(b)
DB
Master
Finance
LLC
4
.891
08/20/55
1,213,023
1,000,000
(b)
Domino's
Pizza
Master
Issuer
LLC
4
.930
07/25/55
997,133
1,000,000
(a),(b)
EFMT
2025-NQM5
5
.770
11/25/70
994,905
250,000
(a),(b)
Ellington
Financial
Mortgage
Trust
2020-1
3
.999
05/25/65
245,324
500,000
(a),(b)
Elmwood
CLO
X
Ltd
(
TSFR3M
+
1
.950
%
)
5
.625
07/20/38
502,181
1,000,000
(a),(b)
ELP
Commercial
Mortgage
Trust
5
.612
11/13/42
991,366
16,550
Fannie
Mae
Pool
FN
MA5106
5
.000
08/01/53
16,368
720,256
Fannie
Mae
Pool
FN
MA5107
5
.500
08/01/53
726,534
1,000,000
(b)
Flexential
Issuer
LLC
6
.030
10/25/60
996,627
1,650,000
(a),(b)
FNA
9
LLC
5
.509
04/16/46
1,650,076
1,100,000
(a),(b)
Freddie
Mac
STACR
REMIC
Trust
2021-DNA5
(
SOFR30A
+
3
.050
%
)
6
.695
01/25/34
1,172,510
1,100,000
(a),(b)
Freddie
Mac
STACR
REMIC
Trust
2024-HQA1
(
SOFR30A
+
2
.000
%
)
5
.645
03/25/44
1,108,506
1,000,000
(a)
GS
Mortgage
Securities
Trust
2016-GS4
3
.991
11/10/49
949,439
600,000
GS
Mortgage
Securities
Trust
2017-GS6
3
.869
05/10/50
542,459
500,000
GS
Mortgage
Securities
Trust
2017-GS7
4
.236
08/10/50
455,854
500,000
(a)
GS
Mortgage
Securities
Trust
2017-GS8
4
.457
11/10/50
460,091
550,000
(a)
GS
Mortgage
Securities
Trust
2018-GS9
4
.487
03/10/51
476,299
500,000
(a)
GS
Mortgage
Securities
Trust
2020-GC45
3
.173
02/13/53
462,993
925,696
(b)
HERO
FUNDING
2018-1
4
.670
09/20/48
898,216
1,000,000
(b)
Hertz
Vehicle
Financing
III
LLC
5
.140
05/25/32
988,561
416,685
(b)
Hin
Timeshare
Trust
7
.580
05/15/45
419,294
1,000,000
(a),(b)
Houston
Galleria
Mall
Trust
2025-HGLR
5
.644
02/05/45
1,024,557
550,000
(a),(b)
Hudson
Yards
2019-30HY
Mortgage
Trust
3
.558
07/10/39
502,437
750,000
(a),(b)
ILPT
Commercial
Mortgage
Trust
2025-LPF2
8
.199
07/13/42
763,867
500,000
(a),(b)
Invesco
CLO
2022-3
Ltd
(
TSFR3M
+
3
.200
%
)
7
.057
10/22/37
500,811
623,444
(a),(b)
J.P.
Morgan
Chase
Commercial
Mortgage
Securities
Trust
2022-
NLP
(
TSFR1M
+
2
.416
%
)
6
.449
04/15/37
613,111
1,000,000
(b)
Jersey
Mike's
Funding
LLC
4
.952
02/15/56
992,690
300,000
(b)
JP
Morgan
Chase
Commercial
Mortgage
Securities
Trust
2020-NNN
3
.267
01/16/37
206,559
600,000
(a),(b)
JP
Morgan
Chase
Commercial
Mortgage
Securities
Trust
2021-
NYAH
(
TSFR1M
+
1
.124
%
)
5
.275
06/15/38
580,573
1,237,474
(a),(b)
JP
Morgan
Mortgage
Trust
6
.384
05/25/56
1,259,882
Portfolio
of
Investments
April
30,
2026
(continued)
NSCI
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
SECURITIZED
(continued)
$
1,100,000
(a)
JPMBB
Commercial
Mortgage
Securities
Trust
2014-C23
4
.673
%
09/15/47
$
1,067,368
1,250,000
(a)
JPMCC
Commercial
Mortgage
Securities
Trust
2017-JP6
3
.830
07/15/50
1,139,914
650,000
(a)
JPMCC
Commercial
Mortgage
Securities
Trust
2017-JP7
3
.813
09/15/50
582,477
500,000
JPMCC
Commercial
Mortgage
Securities
Trust
2019-COR4
4
.290
03/10/52
476,605
500,000
JPMCC
Commercial
Mortgage
Securities
Trust
2019-COR4
4
.440
03/10/52
454,552
625,000
JPMDB
Commercial
Mortgage
Securities
Trust
2017-C7
3
.985
10/15/50
591,577
650,000
JPMDB
Commercial
Mortgage
Securities
Trust
2020-COR7
2
.536
05/13/53
537,069
1,000,000
(a),(b)
JW
Trust
2024-BERY
(
TSFR1M
+
2
.791
%
)
7
.154
11/15/39
1,005,812
1,000,000
(b)
Kinetic
ABS
Issuer
LLC
5
.219
02/25/56
999,219
500,000
(b)
Kinetic
ABS
Issuer
LLC
7
.653
02/25/56
511,136
1,000,000
(a),(b)
KSL
Commercial
Mortgage
Trust
(
TSFR1M
+
1
.594
%
)
5
.248
12/15/42
1,002,233
1,000,000
(b)
LIGHTPATH
FIBER
ISSUER
LLC
5
.597
03/25/56
1,004,818
1,000,000
(b)
Lmdv
Issuer
Co
LLC
5
.310
12/15/55
997,297
1,000,000
(b)
Lmrk
Issuer
Co
2
LLC
5
.520
09/15/55
997,025
1,000,000
(a),(b)
LSTR
Trust
(
TSFR1M
+
2
.200
%
)
5
.870
12/15/40
1,000,047
500,000
(a),(b)
Madison
Park
Funding
LI
Ltd
(
TSFR3M
+
2
.900
%
)
6
.784
10/19/38
501,142
500,000
(a),(b)
Magnetite
XXII
Ltd
(
TSFR3M
+
1
.600
%
)
5
.273
07/15/36
500,171
989,470
(b)
Maritime
Partners,
LLC
5
.547
11/15/65
979,893
992,644
(a),(b)
MCR
2024-HF1
Mortgage
Trust
(
TSFR1M
+
2
.841
%
)
7
.204
12/15/41
997,580
1,000,000
(b)
MetroNet
Infrastructure
Issuer
LLC
5
.400
08/20/55
1,009,148
750,000
(a),(b)
MFT
Trust
2020-ABC
3
.593
02/10/42
545,980
1,250,000
(b)
Mission
Lane
Credit
Card
Master
Trust
5
.690
07/15/32
1,254,395
924,023
(b)
Morgan
Stanley
Capital
I
Trust
2015-420
7
.982
10/12/50
942,318
1,170,337
(a),(b)
Natixis
Commercial
Mortgage
Securities
Trust
2019-MILE
(
TSFR1M
+
1
.579
%
)
5
.915
07/15/36
1,147,057
250,000
(a),(b)
Natixis
Commercial
Mortgage
Securities
Trust
2019-MILE
(
TSFR1M
+
2
.279
%
)
5
.934
07/15/36
223,509
500,000
(a),(b)
Neuberger
Berman
Loan
Advisers
CLO
36R
Ltd
(
TSFR3M
+
1
.650
%
)
5
.325
07/20/39
501,099
500,000
(a),(b)
Neuberger
Berman
Loan
Advisers
Clo
42
Ltd
(
TSFR3M
+
2
.500
%
)
6
.180
07/16/36
494,551
500,000
(a),(b)
Neuberger
Berman
Loan
Advisers
CLO
47
Ltd
(
TSFR3M
+
2
.800
%
)
7
.005
04/16/35
496,015
1,000,000
(b)
NMEF
Funding
LLC
5
.470
01/18/33
1,002,146
720,000
(a),(b)
NYCT
Trust
2024-3ELV
(
TSFR1M
+
1
.991
%
)
5
.646
08/15/29
721,064
1,100,000
(a),(b)
NYCT
Trust
2024-3ELV
(
TSFR1M
+
2
.840
%
)
6
.494
08/15/29
1,098,214
250,000
(a),(b)
OBX
2025-NQM13
Trust
6
.279
05/25/65
251,128
825,000
(a),(b)
OBX
2025-NQM2
Trust
6
.489
11/25/64
833,668
2,500,000
(a),(b)
OBX
2026-NQM6
Trust
5
.814
04/26/66
2,500,502
500,000
(a),(b)
OCP
CLO
2025-40
Ltd
(
TSFR3M
+
1
.700
%
)
5
.594
04/16/38
500,420
500,000
(a),(b)
OCP
CLO
2025-44
Ltd
(
TSFR3M
+
1
.850
%
)
5
.517
10/24/38
501,647
500,000
(a),(b)
OCP
CLO
Ltd
(
TSFR3M
+
1
.750
%
)
5
.423
10/15/38
501,023
500,000
(a),(b)
OHA
Credit
Funding
10-R
Ltd
(
TSFR3M
+
1
.800
%
)
5
.475
07/18/38
501,145
500,000
(a),(b)
OHA
Credit
Funding
16-R
Ltd
(
TSFR3M
+
1
.750
%
)
5
.425
10/20/38
500,781
998,333
(b)
OHS
Issuer
LLC
5
.980
02/25/61
982,868
500,000
(a),(b)
Orchard
Park
Clo
Ltd
(
TSFR3M
+
1
.700
%
)
5
.375
10/20/37
501,031
500,000
(b)
Planet
Fitness
Master
Issuer
LLC
5
.274
12/06/55
498,710
1,000,000
(a),(b)
PLYM
Commercial
Mortgage
Trust
2026-IND
(
TSFR1M
+
2
.150
%
)
5
.800
03/15/43
997,352
1,000,000
(b)
QTS
Issuer
ABS
II
LLC
5
.364
01/05/56
986,484
728,628
(a),(b)
RCKT
Mortgage
Trust
2022-3
3
.183
05/25/52
477,743
426,572
(a),(b)
Santander
Bank
Mortgage
Credit-Linked
Notes
(
SOFR30A
+
4
.900
%
)
9
.256
02/26/52
492,746
889,330
(a),(b)
Sequoia
Mortgage
Trust
2021-9
2
.854
01/25/52
716,108
1,250,000
(a),(b),(c)
SHOPS
Commercial
Mortgage
Trust
2026-CSTL
4
.971
05/15/39
1,248,387
1,000,000
(a),(b)
SHR
Trust
2024-LXRY
(
TSFR1M
+
3
.600
%
)
7
.255
10/15/41
1,005,691
900,000
(b)
Sotheby's
Artfi
Master
Trust
6
.800
06/20/33
898,453
1,000,000
(b)
Summit
Issuer
LLC
5
.208
11/20/55
1,002,871
476,250
(b)
Taco
Bell
Funding
LLC
4
.940
11/25/48
475,204
500,000
(a),(b)
Texas
Debt
Capital
CLO
2025-I
Ltd
(
TSFR3M
+
1
.550
%
)
5
.217
04/24/38
500,547
850,000
(a)
UBS
Commercial
Mortgage
Trust
2018-C8
4
.837
02/15/51
782,960
1,000,000
(b)
Uniti
Fiber
Abs
Issuer
LLC
5
.177
01/20/56
994,421
751,500
(b)
VB-S1
Issuer
LLC
-
VBTEL
3
.156
02/15/52
734,103
Part
F
of
Form
N-PORT
was
prepared
in
accordance
with
U.S.
generally
accepted
accounting
principles
(“U.S.
GAAP”)
and
in
conformity
with
the
applicable
rules
and
regulations
of
the
U.S.
Securities
and
Exchange
Commission
(“SEC”)
related
to
interim
filings.
Part
F
of
Form
N-PORT
does
not
include
all
information
and
footnotes
required
by
U.S.
GAAP
for
complete
financial
statements.
Certain
footnote
disclosures
normally
included
in
financial
statements
prepared
in
accordance
with
U.S.
GAAP
have
been
condensed
or
omitted
from
this
report
pursuant
to
the
rules
of
the
SEC.
For
a
full
set
of
the
Fund’s
notes
to
financial
statements,
please
refer
to
the
Fund’s
most
recently
filed
annual
or
semi-annual
report.
Fair
Value
Measurements
The
Fund’s
investments
in
securities
are
recorded
at
their
estimated
fair
value
utilizing
valuation
methods
approved
by
the
Board
of
Directors/
Trustees.
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
which
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
PRINCIPAL
DESCRIPTION
RATE
MATURITY
VALUE
SECURITIZED
(continued)
$
1,000,000
(a),(b)
Verus
Securitization
Trust
5
.796
%
11/25/70
$
985,887
1,215,000
(a),(b)
Verus
Securitization
Trust
2025-1
6
.512
01/25/70
1,222,501
500,000
(a),(b)
WCORE
Commercial
Mortgage
Trust
2024-CORE
(
TSFR1M
+
2
.241
%
)
5
.896
11/15/41
501,798
600,000
(a)
Wells
Fargo
Commercial
Mortgage
Trust
2016-C36
3
.671
11/15/59
568,707
1,000,000
(a)
Wells
Fargo
Commercial
Mortgage
Trust
2016-C36
4
.221
11/15/59
857,161
1,100,000
(a),(b)
Wells
Fargo
Commercial
Mortgage
Trust
2025-AGLN
(
TSFR1M
+
2
.292
%
)
5
.946
07/15/37
1,102,634
800,000
(a),(b)
Wells
Fargo
Commercial
Mortgage
Trust
2025-AURA
(
TSFR1M
+
2
.292
%
)
5
.947
10/15/42
801,818
492,914
(b)
Willis
Engine
Structured
Trust
IX
5
.159
12/15/50
490,639
1,000,000
(a),(b)
ARDN
2025-ARCP
Mortgage
Trust
(
TSFR1M
+
4
.500
%
)
8
.155
06/15/35
1,002,971
1,000,000
(a),(b)
Birch
Grove
CLO
7
Ltd
(
TSFR3M
+
1
.650
%
)
5
.325
10/20/38
1,001,313
1,500,000
(a),(b)
Carlyle
US
CLO
2026-2
Ltd
(
TSFR3M
+
1
.750
%
)
5
.413
04/20/39
1,501,450
2,450,000
(a),(b)
Connecticut
Avenue
Securities
Trust
2023-R04
(
SOFR30A
+
8
.250
%
)
11
.895
05/25/43
2,750,033
1,000,000
CSAIL
2019-C17
Commercial
Mortgage
Trust
3
.480
09/15/52
883,574
1,970,000
(a)
DBJPM
16-C1
Mortgage
Trust
4
.195
05/10/49
1,861,358
1,000,000
(a),(b)
Goldentree
Loan
Management
US
Clo
8
Ltd
(
TSFR3M
+
2
.900
%
)
6
.568
10/20/34
1,001,443
2,000,000
(a),(b)
Invesco
US
CLO
2023-4
Ltd
(
TSFR3M
+
2
.850
%
)
6
.525
01/18/39
1,998,336
364,403
(a),(b)
J.P.
Morgan
Chase
Commercial
Mortgage
Securities
Trust
2022-
NLP
(
TSFR1M
+
1
.730
%
)
5
.389
04/15/37
358,312
1,000,000
(a),(b),(c)
MTN
Commercial
Mortgage
Trust
2026-LPFX
6
.560
05/15/43
1,014,883
1,000,000
(a),(b)
Neuberger
Berman
Loan
Advisers
Clo
51
Ltd
(
TSFR3M
+
2
.800
%
)
6
.466
10/23/36
1,001,345
973,000
(a),(b)
New
Residential
Mortgage
Loan
Trust
2026-NQM4
5
.665
02/25/66
960,619
1,250,000
(a),(b)
OCP
CLO
2023-28
Ltd
(
TSFR3M
+
1
.700
%
)
5
.380
07/16/38
1,254,375
1,000,000
(a)
UBS
Commercial
Mortgage
Trust
2018-C13
5
.124
10/15/51
903,894
750,000
(a),(b)
WCORE
Commercial
Mortgage
Trust
2024-CORE
(
TSFR1M
+
2
.940
%
)
6
.600
11/15/41
753,289
TOTAL
SECURITIZED
(Cost
$139,562,035)
139,374,543
TOTAL
LONG-TERM
INVESTMENTS
(Cost
$151,654,473)
151,465,581
OTHER
ASSETS
&
LIABILITIES,
NET
-
(4.5)%
(
6,453,126
)
NET
ASSETS
-
100%
$
145,012,455
CLO
Collateralized
Loan
Obligation
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,
when
applicable. For
mortgage-backed
or
asset-backed
securities
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
$108,558,950
or
71.7%
of
Total
Investments.
(c)
When-issued
or
delayed
delivery
security.
Portfolio
of
Investments
April
30,
2026
(continued)
NSCI
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).
The
following
table
summarizes
the
market
value
of
the
Fund's
investments
as
of
the
end
of
the
reporting
period,
based
on
the
inputs
used
to
value
them:
NSCI
Level
1
Level
2
Level
3
Total
Long-Term
Investments:
Corporate
Debt
$
–
$
998,600
$
–
$
998,600
Investment
Companies
11,092,438
–
–
11,092,438
Securitized
–
139,374,543
–
139,374,543
Total
$
11,092,438
$
140,373,143
$
–
$
151,465,581
a