UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form
CERTIFIED SHAREHOLDER REPORT OF REGISTERED
MANAGEMENT INVESTMENT COMPANIES
Investment Company Act File Number: 811-21339
(Exact Name of Registrant as Specified in Charter)
1585 Broadway, New York, New York 10036
(Address of Principal Executive Offices)
Deidre E. Walsh
One Post Office Square, Boston, Massachusetts 02109
(Name and Address of Agent for Services)
(617) 482-8260
(Registrant’s Telephone Number)
October 31
Date of Fiscal Year End
Date of Reporting Period
Item 1. Reports to Stockholders
(a)

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee

The following tables reflect what the Fund invested in as of the report date.

If you wish to view additional information about the Fund, including the prospectus, statement of additional information, financial statements and holdings, please scan the QR code or visit
The Funds may deliver a single copy of certain required shareholder documents (including prospectuses, shareholder reports, and proxy materials) to investors with the same last name and the same address. Your participation will continue indefinitely unless you instruct otherwise by calling 1-888-378-1630 or by contacting your financial intermediary. Your instruction will typically be effective within 30 days of receipt.
Not FDIC Insured | May Lose Value | No Bank Guarantee
(b) Not applicable.
Item 2. Code of Ethics
Not required in this filing.
Item 3. Audit Committee Financial Expert
Not required in this filing.
Item 4. Principal Accountant Fees and Services
Not required in this filing.
Item 5. Audit Committee of Listed Registrants
Not applicable.
Item 6. Schedule of Investments
| (a) | Please see schedule of investments contained in the Financial Statements and Financial Highlights included under Item 7 of this Form N-CSR. |
| (b) | Not applicable. |
Item 7. Financial Statements and Financial Highlights for Open-End Management Investment Companies


|
|
|
|
|
|
|
2
|
|
|
6
|
|
|
11
|
|
|
21
|
|
|
23
|
|
|
27
|
|
|
28
|
|
|
32
|
|
|
33
|
|
|
39
|
|
|
41
|
|
|
52
|
|
|
69
|
|
|
|
|
|
|
Face
Amount
(000)
|
Value
(000)
|
|
Certificates of Deposit (5.2%)
|
|
|
|
|
Domestic Banks (2.1%)
|
|||
|
Bank of America NA,
|
|
|
|
|
3.83%, 4/5/27
|
$
|
15,000
|
$15,000
|
|
4.34%, 7/8/26
|
|
25,000
|
25,000
|
|
Goldman Sachs Bank USA
|
|
|
|
|
3.95%, 9/25/26
|
|
25,000
|
25,000
|
|
Wells Fargo Bank NA
|
|
|
|
|
3.76%, 11/19/26
|
|
10,000
|
10,000
|
|
|
|
|
75,000
|
|
International Banks (3.1%)
|
|||
|
Banco Santander SA
|
|
|
|
|
4.03%, 10/7/26 - 10/8/26
|
|
30,000
|
30,000
|
|
Bayerische Landesbank,
|
|
|
|
|
3.76%, 6/9/26
|
|
5,000
|
5,000
|
|
3.79%, 9/16/26
|
|
10,000
|
10,000
|
|
Canadian Imperial Bank of Commerce
|
|
|
|
|
3.74%, 3/8/27
|
|
19,000
|
19,000
|
|
Credit Industriel ET Commercial SA
|
|
|
|
|
3.80%, 11/18/26
|
|
20,000
|
20,000
|
|
Svenska Handelsbanken AB
|
|
|
|
|
3.86%, 12/9/26
|
|
30,000
|
30,001
|
|
|
|
|
114,001
|
|
Total Certificates of Deposit (Cost $189,001)
|
189,001
|
||
|
Commercial Paper (a) (16.4%)
|
|
|
|
|
Asset-Backed Diversified Financial Services (0.1%)
|
|||
|
Podium Funding Trust
|
|
|
|
|
4.20%, 5/21/26
|
|
5,000
|
4,989
|
|
Automobiles (3.0%)
|
|||
|
Toyota Credit Canada, Inc.,
|
|
|
|
|
3.93%, 10/21/26 (b)
|
|
11,000
|
10,798
|
|
4.08%, 6/3/26
|
|
3,000
|
2,989
|
|
Toyota Credit de Puerto Rico Corp.,
|
|
|
|
|
3.82%, 11/9/26
|
|
10,000
|
9,801
|
|
3.91%, 9/8/26 - 10/19/26 (b)
|
|
6,000
|
5,900
|
|
3.95%, 8/28/26
|
|
10,000
|
9,873
|
|
4.03%, 1/12/27
|
|
4,000
|
3,889
|
|
4.04%, 8/18/26
|
|
5,000
|
4,941
|
|
4.10%, 1/19/27
|
|
5,000
|
4,854
|
|
4.12%, 6/1/26 - 6/22/26
|
|
35,000
|
34,810
|
|
Toyota Motor Credit Corp.,
|
|
|
|
|
3.93%, 10/5/26
|
|
10,000
|
9,832
|
|
4.00%, 6/29/26
|
|
10,000
|
9,936
|
|
|
|
|
107,623
|
|
Chemicals (0.4%)
|
|||
|
Air Liquide U.S. LLC
|
|
|
|
|
3.93%, 10/19/26
|
|
15,000
|
14,726
|
|
Diversified Financial Services (2.5%)
|
|||
|
CDP Financial, Inc.,
|
|
|
|
|
3.83%, 12/1/26
|
|
30,000
|
29,342
|
|
4.20%, 3/24/27 - 3/25/27
|
|
6,000
|
5,780
|
|
4.29%, 7/6/26
|
|
25,000
|
24,812
|
|
4.39%, 6/10/26
|
|
6,000
|
5,972
|
|
|
|
Face
Amount
(000)
|
Value
(000)
|
|
Zephyr Financiere, Inc.
|
|
|
|
|
4.10%, 4/28/27 (b)
|
$
|
25,000
|
$24,009
|
|
|
|
|
89,915
|
|
Domestic Banks (0.9%)
|
|||
|
ABN Amro Funding USA LLC
|
|
|
|
|
0.00%, 9/21/26
|
|
10,000
|
9,846
|
|
Bank of America Securities, Inc.,
|
|
|
|
|
3.90%, 12/2/26
|
|
8,000
|
7,821
|
|
3.96%, 3/11/27
|
|
15,000
|
14,502
|
|
|
|
|
32,169
|
|
Finance (2.0%)
|
|||
|
Barclays Capital, Inc.,
|
|
|
|
|
3.81%, 8/19/26 (b)
|
|
5,000
|
4,943
|
|
3.98%, 6/12/26
|
|
15,000
|
14,932
|
|
4.00%, 6/18/26
|
|
25,000
|
24,869
|
|
4.06%, 10/8/26 (b)
|
|
20,000
|
19,646
|
|
Citigroup Global Markets, Inc.
|
|
|
|
|
4.03%, 1/4/27 (b)
|
|
10,000
|
9,730
|
|
|
|
|
74,120
|
|
International Banks (7.5%)
|
|||
|
ANZ New Zealand International Ltd.
|
|
|
|
|
3.94%, 9/28/26
|
|
15,000
|
14,758
|
|
Bank of New Zealand
|
|
|
|
|
3.89%, 9/17/26
|
|
5,000
|
4,927
|
|
Barclays Bank PLC
|
|
|
|
|
3.79%, 8/14/26 (b)
|
|
5,000
|
4,946
|
|
Bayerische Landesbank,
|
|
|
|
|
4.00%, 8/18/26
|
|
16,000
|
15,812
|
|
4.04%, 7/2/26
|
|
10,000
|
9,933
|
|
DNB Bank ASA
|
|
|
|
|
4.21%, 5/22/26
|
|
12,000
|
11,971
|
|
Lloyds Bank PLC,
|
|
|
|
|
4.01%, 7/7/26
|
|
10,000
|
9,928
|
|
4.02%, 10/8/26
|
|
15,000
|
14,737
|
|
Norddeutsche Landesbank
|
|
|
|
|
4.00%, 10/15/26 (b)
|
|
13,000
|
12,764
|
|
Royal Bank of Canada,
|
|
|
|
|
4.19%, 3/19/27
|
|
20,000
|
19,281
|
|
4.20%, 3/23/27
|
|
5,000
|
4,818
|
|
Suncorp Bank Norfina Ltd.,
|
|
|
|
|
3.80%, 8/19/26
|
|
25,000
|
24,715
|
|
3.83%, 7/15/26
|
|
10,000
|
9,922
|
|
3.94%, 8/12/26
|
|
5,000
|
4,945
|
|
4.13%, 9/22/26
|
|
10,000
|
9,838
|
|
4.30%, 5/5/26
|
|
10,000
|
9,995
|
|
Svenska Handelsbanken AB
|
|
|
|
|
3.84%, 12/1/26 (b)
|
|
45,000
|
44,010
|
|
Swedbank AB
|
|
|
|
|
4.22%, 5/22/26
|
|
25,000
|
24,940
|
|
Westpac Banking Corp.
|
|
|
|
|
4.19%, 3/19/27
|
|
20,000
|
19,281
|
|
|
|
|
271,521
|
|
Total Commercial Paper (Cost $595,063)
|
595,063
|
||
|
|
|
Face
Amount
(000)
|
Value
(000)
|
|
Corporate Bonds (6.1%)
|
|
|
|
|
Automobiles (0.4%)
|
|
|
|
|
BMW U.S. Capital LLC
|
|
|
|
|
4.65%, 8/13/26 (b)
|
$
|
8,500
|
$8,517
|
|
Toyota Motor Credit Corp.
|
|
|
|
|
3.05%, 3/22/27
|
|
6,075
|
6,014
|
|
|
|
|
14,531
|
|
Consumer, Non-Cyclical (0.1%)
|
|
|
|
|
PepsiCo, Inc.
|
|
|
|
|
2.63%, 3/19/27
|
|
5,000
|
4,936
|
|
Domestic Banks (1.5%)
|
|
|
|
|
Bank of New York Mellon Corp.
|
|
|
|
|
2.80%, 5/4/26
|
|
15,025
|
15,023
|
|
Citibank NA
|
|
|
|
|
4.93%, 8/6/26
|
|
33,487
|
33,532
|
|
State Street Corp.
|
|
|
|
|
5.27%, 8/3/26
|
|
5,000
|
5,013
|
|
|
|
|
53,568
|
|
Industrials (0.6%)
|
|
|
|
|
Siemens Financieringsmaatschappij NV
|
|
|
|
|
6.13%, 8/17/26 (b)
|
|
21,525
|
21,649
|
|
Insurance (1.0%)
|
|
|
|
|
MassMutual Global Funding II
|
|
|
|
|
1.20%, 7/16/26 (b)
|
|
19,200
|
19,078
|
|
Met Tower Global Funding
|
|
|
|
|
5.40%, 6/20/26 (b)
|
|
8,580
|
8,593
|
|
New York Life Global Funding
|
|
|
|
|
2.35%, 7/14/26 (b)
|
|
1,000
|
997
|
|
Northwestern Mutual Global Funding
|
|
|
|
|
5.07%, 3/25/27 (b)
|
|
8,430
|
8,508
|
|
|
|
|
37,176
|
|
International Banks (2.5%)
|
|
|
|
|
ANZ New Zealand International Ltd.
|
|
|
|
|
1.25%, 6/22/26 (b)
|
|
21,900
|
21,813
|
|
Bank of New Zealand
|
|
|
|
|
2.29%, 1/27/27 (b)
|
|
3,525
|
3,485
|
|
Banque Federative du Credit Mutuel SA
|
|
|
|
|
5.90%, 7/13/26 (b)
|
|
6,330
|
6,353
|
|
Commonwealth Bank of Australia
|
|
|
|
|
2.63%, 9/6/26 (b)
|
|
4,000
|
3,983
|
|
Cooperatieve Rabobank UA
|
|
|
|
|
5.04%, 3/5/27
|
|
3,000
|
3,023
|
|
Skandinaviska Enskilda Banken AB
|
|
|
|
|
1.20%, 9/9/26 (b)
|
|
4,869
|
4,821
|
|
Swedbank AB
|
|
|
|
|
5.47%, 6/15/26 (b)
|
|
10,000
|
10,019
|
|
UBS AG
|
|
|
|
|
1.25%, 8/7/26
|
|
5,000
|
4,959
|
|
UBS AG London
|
|
|
|
|
1.25%, 6/1/26
|
|
20,393
|
20,341
|
|
Westpac Banking Corp.
|
|
|
|
|
1.15%, 6/3/26
|
|
4,860
|
4,848
|
|
|
|
Face
Amount
(000)
|
Value
(000)
|
|
|
|
|
|
|
Westpac New Zealand Ltd.
|
|
|
|
|
5.13%, 2/26/27 (b)
|
$
|
5,000
|
$5,051
|
|
|
|
|
88,696
|
|
Total Corporate Bonds (Cost $220,556)
|
|
|
220,556
|
|
Floating Rate Notes (c) (12.8%)
|
|||
|
Automobiles (0.3%)
|
|||
|
Toyota Motor Credit Corp.,
|
|
|
|
|
MTN
|
|
|
|
|
SOFR + 0.30%, 3.93%, 2/12/27
|
|
5,000
|
5,000
|
|
SOFR + 0.65%, 4.31%, 3/19/27 (d)
|
|
4,170
|
4,182
|
|
|
|
|
9,182
|
|
Diversified Financial Services (0.3%)
|
|||
|
CDP Financial, Inc.,
|
|
|
|
|
SOFR + 0.32%, 3.96%, 1/28/27 (b)
|
|
10,000
|
10,000
|
|
Domestic Banks (1.0%)
|
|||
|
Goldman Sachs Bank USA,
|
|
|
|
|
SOFR + 0.30%, 3.95%, 8/7/26
|
|
26,000
|
26,000
|
|
ING U.S. Funding LLC,
|
|
|
|
|
SOFR + 0.30%, 3.94%, 10/6/26 (b)
|
|
12,000
|
12,000
|
|
|
|
|
38,000
|
|
Finance (0.7%)
|
|||
|
Citigroup Global Markets, Inc.,
|
|
|
|
|
3.99%, 12/16/26 (b)
|
|
25,000
|
25,000
|
|
Insurance (0.7%)
|
|||
|
Pricoa Short Term Funding LLC,
|
|
|
|
|
SOFR + 0.25%, 3.89%, 5/26/26 (b)
|
|
25,000
|
25,000
|
|
International Banks (9.8%)
|
|||
|
ASB Bank Ltd.,
|
|
|
|
|
SOFR + 0.32%, 3.96%, 9/4/26 (b)
|
|
15,000
|
15,000
|
|
Bank of Montreal,
|
|
|
|
|
SOFR + 0.40%, 4.03%, 12/7/26
|
|
5,000
|
5,000
|
|
4.10%, 5/7/27 (b)
|
|
26,000
|
26,000
|
|
Canadian Imperial Bank of Commerce,
|
|
|
|
|
SOFR + 0.47%, 4.10%, 4/27/27
|
|
25,000
|
25,000
|
|
ING Bank NV,
|
|
|
|
|
3.92%, 9/21/26
|
|
20,000
|
20,000
|
|
Lloyds Bank PLC,
|
|
|
|
|
3.92%, 9/22/26
|
|
15,000
|
15,000
|
|
3.98%, 12/18/26
|
|
15,000
|
15,000
|
|
Macquarie Bank Ltd.,
|
|
|
|
|
SOFR + 0.25%, 3.89%, 5/27/26 (b)
|
|
5,000
|
5,000
|
|
SOFR + 0.27%, 3.91%, 7/10/26 (b)
|
|
30,000
|
30,000
|
|
Royal Bank of Canada,
|
|
|
|
|
SOFR + 0.31%, 3.94%, 9/11/26 (b)
|
|
15,000
|
15,000
|
|
Skandinaviska Enskilda Banken AB,
|
|
|
|
|
SOFR + 0.89%, 4.56%, 3/5/27 (b)
|
|
7,000
|
7,029
|
|
Sumitomo Mitsui Banking Corp.,
|
|
|
|
|
SOFR + 0.31%, 3.94%, 10/6/26
|
|
20,000
|
20,000
|
|
SOFR + 0.32%, 3.95%, 8/17/26
|
|
30,000
|
30,000
|
|
SOFR + 0.32%, 3.95%, 8/20/26 (b)
|
|
25,000
|
25,000
|
|
SOFR + 0.35%, 3.98%, 9/10/26 (b)
|
|
4,000
|
3,999
|
|
UBS AG London,
|
|
|
|
|
3.98%, 11/3/26 (b)
|
|
25,000
|
25,000
|
|
|
|
Face
Amount
(000)
|
Value
(000)
|
|
Floating Rate Notes (c) (cont'd)
|
|||
|
International Banks (cont'd)
|
|||
|
4.06%, 3/12/27 (b)
|
$
|
35,000
|
$35,000
|
|
SOFR + 0.40%, 4.08%, 11/5/26 (b)
|
|
26,000
|
26,000
|
|
Westpac Securities NZ Ltd.,
|
|
|
|
|
SOFR + 0.30%, 3.93%, 8/19/26 (b)
|
|
12,000
|
12,000
|
|
|
|
|
355,028
|
|
Total Floating Rate Notes (Cost $462,210)
|
462,210
|
||
|
Repurchase Agreements (56.5%)
|
|||
|
ABN AMRO Securities LLC, (3.85%, dated
4/30/26, due 5/1/26; proceeds $15,002;
fully collateralized by various Corporate
Bonds, 2.75% - 6.90% due
11/16/38 - 5/15/56, U.S. Government
obligations 0.38% - 4.75% due
1/15/27 - 11/15/53 and a U.S. Government
agency security, 0.00% due 3/15/31; valued
at $15,750)
|
|
15,000
|
15,000
|
|
Bank of America Securities, Inc., (3.63% (e),
dated 6/30/25, due 7/29/26; proceeds
$31,192; fully collateralized by various
Common Stocks and Preferred Stocks (f);
valued at $31,500)
|
|
30,000
|
30,000
|
|
Bank of America Securities, Inc., (3.63% (e),
dated 10/24/25, due 7/29/26; proceeds
$25,701; fully collateralized by various
Common Stocks and Preferred Stocks (f);
valued at $26,250)
|
|
25,000
|
25,000
|
|
Bank of Nova Scotia, (3.76%, dated 4/30/26,
due 5/1/26; proceeds $10,001; fully
collateralized by various Common Stocks (f);
valued at $10,500)
|
|
10,000
|
10,000
|
|
Bank of Nova Scotia, (3.74%, dated 4/30/26,
due 5/1/26; proceeds $165,017; fully
collateralized by various Corporate Bonds,
3.50% - 6.88% due 12/1/27 - 2/10/63;
valued at $173,250)
|
|
165,000
|
165,000
|
|
BNP Paribas Prime Brokerage, Inc., (3.78%,
dated 4/29/26, due 5/6/26; proceeds
$55,040; fully collateralized by various
Common Stocks and Preferred Stocks (f);
valued at $57,792)
|
|
55,000
|
55,000
|
|
BNP Paribas Prime Brokerage, Inc., (3.76%,
dated 4/30/26, due 5/1/26; proceeds
$23,002; fully collateralized by various
Common Stocks and Preferred Stocks (f);
valued at $24,153)
|
|
23,000
|
23,000
|
|
BNP Paribas Prime Brokerage, Inc., (3.78%,
dated 4/30/26, due 5/7/26; proceeds
$80,059; fully collateralized by various
Common Stocks and Preferred Stocks (f);
valued at $84,062)
|
|
80,000
|
80,000
|
|
BNP Paribas SA, (3.79%, dated 4/30/26, due
5/1/26; proceeds $20,002; fully
collateralized by various Corporate Bonds,
4.28% - 11.13% due 5/1/27 - 12/31/79 (f);
valued at $21,200)
|
|
20,000
|
20,000
|
|
|
|
Face
Amount
(000)
|
Value
(000)
|
|
|
|||
|
BNP Paribas SA, (Interest in $550,000 joint
repurchase agreement, 3.65%, dated
4/30/26 under which BNP Paribas SA, will
repurchase the securities provided as
collateral for $550,056 on 5/1/26. The
securities provided as collateral at the end of
the period held with BNY Mellon, tri-party
agent, were various U.S. Government agency
securities and U.S. Government obligations
with various maturities to 10/20/65; valued
at $565,766)
|
$
|
190,000
|
$190,000
|
|
Citigroup Global Markets, Inc., (3.72%, dated
4/30/26, due 5/1/26; proceeds $100,010;
fully collateralized by various
U.S. Government obligations, 1.63% - 4.38%
due 8/31/29 - 12/31/29; valued at
$102,000)
|
|
100,000
|
100,000
|
|
Credit Agricole Corporate and Investment Bank,
(3.63% (e), dated 11/7/23, due 5/7/26;
proceeds $12,012; fully collateralized by
various Corporate Bonds, 1.40% - 6.00% due
11/2/26 - 3/1/55, U.S. Government
obligations, 2.38% - 4.38% due
9/15/28 - 11/30/28; valued at $11,537)
|
|
11,000
|
11,000
|
|
Credit Agricole Corporate and Investment Bank,
(3.69%, dated 4/30/26, due 5/7/26;
proceeds $100,072; fully collateralized by
various Corporate Bonds, 1.75% - 6.86% due
12/2/26 - 5/1/54, U.S. Government
obligation, 4.38% due 11/30/28; valued at
$104,738)
|
|
100,000
|
100,000
|
|
Credit Agricole Corporate and Investment Bank,
(3.63% (e), dated 12/12/23, due 5/7/26;
proceeds $26,122; fully collateralized by
various Corporate Bonds, 2.15% - 6.86% due
6/15/26 - 5/1/54, U.S. Government
obligations, 0.00% - 4.38% due
8/18/26 - 10/15/30; valued at $25,134)
|
|
24,000
|
24,000
|
|
Credit Agricole Corporate and Investment Bank,
(3.68%, dated 4/28/26, due 5/5/26;
proceeds $45,032; fully collateralized by
various Corporate Bonds, 2.15% - 7.13% due
5/15/27 - 3/12/50, U.S. Government
obligation, 4.38% due 11/30/28 (f); valued
at $47,182)
|
|
45,000
|
45,000
|
|
HSBC Securities USA, Inc., (3.74%, dated
4/30/26, due 5/1/26; proceeds $170,018;
fully collateralized by various Corporate
Bonds, 3.10% - 7.13% due
4/12/30 - 2/15/56, U.S. Government
obligations 2.00% - 7.00% due
11/1/31 - 6/1/64 (f); valued at $178,508)
|
|
170,000
|
170,000
|
|
ING Financial Markets LLC, (3.71%, dated
4/30/26, due 5/1/26; proceeds $23,002;
fully collateralized by various Corporate
Bonds, 1.25% - 6.50% due
3/20/27 - 11/1/64, a U.S. Government
agency security, 5.00% due 7/1/55; valued
at $24,144)
|
|
23,000
|
23,000
|
|
|
|
Face
Amount
(000)
|
Value
(000)
|
|
Repurchase Agreements (cont'd)
|
|||
|
JP Morgan Clearing Corp., (3.82% (e), dated
9/17/25, due 5/7/26; proceeds $76,846;
fully collateralized by various Corporate
Bonds, 2.65% - 10.00% due
4/1/27 - 6/15/72; valued at $79,680)
|
$
|
75,000
|
$75,000
|
|
JP Morgan Clearing Corp., (3.84% (e), dated
8/1/23, due 5/7/26; proceeds $77,541;
fully collateralized by various Corporate
Bonds, 2.75% - 11.75% due
9/1/26 - 2/1/65 (f); valued at $74,396)
|
|
70,000
|
70,000
|
|
Mizuho Securities USA LLC, (4.03% (e), dated
12/16/25, due 6/4/26; proceeds $4,076;
fully collateralized by a U.S. Government
obligation, 1.63% due 8/15/29; valued at
$4,080)
|
|
4,000
|
4,000
|
|
Mizuho Securities USA LLC, (3.78%, dated
4/30/26, due 5/1/26; proceeds $135,014;
fully collateralized by various Common
Stocks (f); valued at $141,750)
|
|
135,000
|
135,000
|
|
MUFG Securities Americas, Inc., (3.70%, dated
4/30/26, due 5/1/26; proceeds $160,016;
fully collateralized by various Common
Stocks (f); valued at $168,017)
|
|
160,000
|
160,000
|
|
RBC Capital Markets LLC, (3.74%, dated
4/28/26, due 5/5/26; proceeds $75,055;
fully collateralized by various Corporate
Bonds, 2.40% - 7.00% due
3/15/27 - 1/31/60; valued at $78,751)
|
|
75,000
|
75,000
|
|
Societe Generale SA, (3.74%, dated 4/30/26,
due 5/1/26; proceeds $15,002; fully
collateralized by various Corporate Bonds,
1.13% - 10.00% due 6/15/26 - 5/15/97 (f);
valued at $15,830)
|
|
15,000
|
15,000
|
|
Societe Generale SA, (3.76%, dated 4/29/26,
due 5/6/26; proceeds $163,119; fully
collateralized by various Corporate Bonds,
1.65% - 8.13% due 6/5/26 - 12/31/79 (f);
valued at $171,275)
|
|
163,000
|
163,000
|
|
TD Securities USA LLC, (3.73%, dated
4/30/26, due 5/1/26; proceeds $130,013;
fully collateralized by various Corporate
Bonds, 2.30% - 6.45% due
3/1/28 - 10/30/56; valued at $136,500)
|
|
130,000
|
130,000
|
|
TD Securities USA LLC, (3.74%, dated
4/30/26, due 5/1/26; proceeds $15,002;
fully collateralized by various Corporate
Bonds, 3.25% - 10.25% due
5/1/28 - 1/15/36; valued at $15,901)
|
|
15,000
|
15,000
|
|
TD Securities USA LLC, (3.74% (e), dated
3/27/24, due 5/7/26; proceeds $35,643;
fully collateralized by various Corporate
Bonds, 5.01% - 5.55% due 3/4/30 - 4/4/51;
valued at $34,650)
|
|
33,000
|
33,000
|
|
Wells Fargo Securities LLC, (4.02% (e), dated
12/9/25, due 7/29/26; proceeds $30,778;
fully collateralized by various Common
Stocks and Preferred Stocks (f); valued at
$31,500)
|
|
30,000
|
30,000
|
|
|
|
Face
Amount
(000)
|
Value
(000)
|
|
|
|||
|
Wells Fargo Securities LLC, (4.01% (e), dated
9/17/25, due 8/5/26; proceeds $51,793;
fully collateralized by various Corporate
Bonds, 1.65% - 6.61% due
9/14/26 - 4/15/58; valued at $52,500)
|
$
|
50,000
|
$50,000
|
|
Wells Fargo Securities LLC, (4.03% (e), dated
12/16/25, due 7/29/26; proceeds $5,126;
fully collateralized by various Corporate
Bonds, 3.40% - 4.18% due
5/20/26 - 6/18/50; valued at $5,250)
|
|
5,000
|
5,000
|
|
Total Repurchase Agreements (Cost $2,046,000)
|
2,046,000
|
||
|
Total Investments (97.0%) (Cost $3,512,830) (g)(h)
|
3,512,830
|
||
|
Other Assets in Excess of Liabilities (3.0%)
|
106,801
|
||
|
Net Assets (100.0%)
|
$3,619,631
|
||
|
(a)
|
The rates shown are the effective yields at the date of purchase.
|
|
(b)
|
144A security — Certain conditions for public sale may exist.
Unless otherwise noted, these securities are deemed to be liquid.
|
|
(c)
|
Floating or variable rate securities: The rates disclosed are as of
April 30, 2026. For securities based on a published reference rate
and spread, the reference rate and spread are indicated in the
description in the Portfolio of Investments. Certain variable rate
securities may not be based on a published reference rate and
spread but are determined by the issuer or agent and are based
on current market conditions. These securities do not indicate a
reference rate and spread in their description in the Portfolio of
Investments.
|
|
(d)
|
All or a portion of the security is subject to delayed delivery.
|
|
(e)
|
Rate as of period end and maturity is the date the principal owed
can be recovered through demand.
|
|
(f)
|
Perpetual — One or more securities do not have a predetermined
maturity date. Rates for these securities are fixed for a period of
time after which they revert to a floating rate. Interest rates in
effect are as of April 30, 2026.
|
|
(g)
|
Securities are available for collateral in connection with securities
purchased on a forward commitment basis.
|
|
(h)
|
The aggregate cost for federal income tax purposes
approximates the aggregate cost for book purposes.
|
|
MTN
|
Medium Term Note.
|
|
SOFR
|
Secured Overnight Financing Rate.
|
|
Portfolio Composition
|
|
|
Classification
|
Percentage of
Total Investments
|
|
Repurchase Agreements
|
58.2
%
|
|
Commercial Paper
|
16.9
|
|
Floating Rate Notes
|
13.2
|
|
Corporate Bonds
|
6.3
|
|
Certificates of Deposit
|
5.4
|
|
Total Investments
|
100.0
%
|
|
|
|
Face
Amount
(000)
|
Value
(000)
|
|
Certificates of Deposit (4.8%)
|
|
|
|
|
Domestic Banks (1.8%)
|
|||
|
Bank of America NA,
|
|
|
|
|
3.83%, 4/5/27
|
$
|
65,000
|
$64,831
|
|
4.34%, 7/8/26
|
|
100,000
|
100,092
|
|
Goldman Sachs Bank USA
|
|
|
|
|
3.95%, 9/25/26
|
|
45,000
|
45,009
|
|
Wells Fargo Bank NA
|
|
|
|
|
3.76%, 11/19/26
|
|
36,000
|
35,968
|
|
|
|
|
245,900
|
|
International Banks (3.0%)
|
|||
|
Banco Santander SA
|
|
|
|
|
4.03%, 10/7/26 - 10/8/26
|
|
106,000
|
106,048
|
|
Bayerische Landesbank
|
|
|
|
|
3.79%, 9/16/26
|
|
40,000
|
39,972
|
|
Canadian Imperial Bank of Commerce
|
|
|
|
|
3.74%, 3/8/27
|
|
30,000
|
29,922
|
|
Credit Industriel ET Commercial SA
|
|
|
|
|
3.80%, 11/18/26
|
|
78,000
|
77,921
|
|
Svenska Handelsbanken AB
|
|
|
|
|
3.86%, 12/9/26
|
|
140,000
|
139,870
|
|
|
|
|
393,733
|
|
Total Certificates of Deposit (Cost $640,004)
|
639,633
|
||
|
Commercial Paper (a) (18.9%)
|
|
|
|
|
Asset-Backed Diversified Financial Services (0.2%)
|
|||
|
Podium Funding Trust
|
|
|
|
|
4.20%, 5/21/26
|
|
10,000
|
9,978
|
|
Versailles Commercial Paper LLC
|
|
|
|
|
3.95%, 7/1/26 (b)
|
|
20,000
|
19,867
|
|
|
|
|
29,845
|
|
Automobiles (2.3%)
|
|||
|
Toyota Credit Canada, Inc.,
|
|
|
|
|
3.87%, 9/29/26
|
|
55,000
|
54,069
|
|
3.93%, 10/21/26 (b)
|
|
44,000
|
43,152
|
|
Toyota Credit de Puerto Rico Corp.,
|
|
|
|
|
3.91%, 9/8/26 - 10/19/26 (b)
|
|
24,000
|
23,583
|
|
4.03%, 1/12/27
|
|
16,000
|
15,545
|
|
4.04%, 8/18/26
|
|
20,000
|
19,762
|
|
4.06%, 7/28/26
|
|
20,000
|
19,805
|
|
4.10%, 1/19/27
|
|
20,000
|
19,415
|
|
4.11%, 6/1/26
|
|
65,000
|
64,783
|
|
4.32%, 5/1/26
|
|
10,000
|
9,999
|
|
Toyota Motor Credit Corp.
|
|
|
|
|
3.93%, 10/5/26
|
|
40,000
|
39,324
|
|
|
|
|
309,437
|
|
Chemicals (0.4%)
|
|||
|
Air Liquide U.S. LLC
|
|
|
|
|
3.93%, 10/19/26
|
|
45,000
|
44,174
|
|
Diversified Financial Services (3.0%)
|
|||
|
CDP Financial, Inc.,
|
|
|
|
|
3.83%, 12/1/26
|
|
119,000
|
116,240
|
|
4.20%, 3/24/27 - 3/25/27
|
|
23,000
|
22,175
|
|
|
|
Face
Amount
(000)
|
Value
(000)
|
|
|
|
|
|
|
|
|||
|
4.29%, 7/6/26
|
$
|
125,000
|
$124,116
|
|
4.39%, 6/10/26
|
|
19,000
|
18,918
|
|
Zephyr Financiere, Inc.,
|
|
|
|
|
4.00%, 10/20/26 (b)
|
|
50,000
|
49,061
|
|
4.10%, 4/28/27 (b)
|
|
75,000
|
72,013
|
|
|
|
|
402,523
|
|
Domestic Banks (2.6%)
|
|||
|
ABN Amro Funding USA LLC,
|
|
|
|
|
0.00%, 9/21/26
|
|
30,000
|
29,533
|
|
4.01%, 5/4/26
|
|
45,000
|
44,981
|
|
Bank of America Securities, Inc.,
|
|
|
|
|
3.85%, 1/22/27
|
|
160,000
|
155,372
|
|
3.90%, 12/2/26
|
|
28,000
|
27,346
|
|
3.96%, 3/11/27
|
|
85,000
|
82,092
|
|
|
|
|
339,324
|
|
Finance (2.1%)
|
|||
|
Barclays Capital, Inc.,
|
|
|
|
|
3.81%, 8/19/26 (b)
|
|
20,000
|
19,759
|
|
3.98%, 6/12/26
|
|
60,000
|
59,731
|
|
4.00%, 6/18/26
|
|
75,000
|
74,614
|
|
4.06%, 10/8/26 (b)
|
|
79,000
|
77,625
|
|
Citigroup Global Markets, Inc.
|
|
|
|
|
4.38%, 5/15/26
|
|
50,000
|
49,922
|
|
|
|
|
281,651
|
|
International Banks (8.3%)
|
|||
|
ANZ New Zealand International Ltd.
|
|
|
|
|
3.94%, 9/28/26
|
|
55,000
|
54,116
|
|
Australia & New Zealand Banking Group Ltd.,
|
|
|
|
|
4.15%, 5/11/26
|
|
40,000
|
39,955
|
|
4.32%, 7/16/26
|
|
48,500
|
48,106
|
|
Bank of New Zealand,
|
|
|
|
|
3.89%, 9/17/26
|
|
45,000
|
44,330
|
|
4.04%, 5/5/26
|
|
80,000
|
79,959
|
|
Barclays Bank PLC
|
|
|
|
|
3.79%, 8/14/26 (b)
|
|
18,000
|
17,793
|
|
Bayerische Landesbank,
|
|
|
|
|
4.00%, 8/18/26
|
|
75,000
|
74,115
|
|
4.04%, 7/2/26
|
|
30,000
|
29,804
|
|
DNB Bank ASA
|
|
|
|
|
4.21%, 5/22/26
|
|
45,000
|
44,901
|
|
Lloyds Bank PLC,
|
|
|
|
|
4.01%, 7/7/26
|
|
40,000
|
39,711
|
|
4.02%, 10/8/26
|
|
53,000
|
52,076
|
|
Norddeutsche Landesbank
|
|
|
|
|
4.00%, 10/15/26 (b)
|
|
45,000
|
44,180
|
|
Royal Bank of Canada
|
|
|
|
|
4.20%, 3/23/27
|
|
20,000
|
19,295
|
|
Suncorp Bank Norfina Ltd.,
|
|
|
|
|
3.83%, 7/15/26
|
|
65,000
|
64,478
|
|
3.94%, 8/12/26
|
|
18,000
|
17,801
|
|
4.13%, 9/22/26
|
|
40,000
|
39,382
|
|
4.30%, 5/5/26
|
|
40,000
|
39,980
|
|
|
|
Face
Amount
(000)
|
Value
(000)
|
|
Commercial Paper (a) (cont'd)
|
|
|
|
|
International Banks (cont'd)
|
|||
|
Svenska Handelsbanken AB
|
|
|
|
|
3.84%, 12/1/26 (b)
|
$
|
180,000
|
$175,859
|
|
Swedbank AB,
|
|
|
|
|
4.22%, 5/22/26
|
|
75,000
|
74,832
|
|
4.40%, 5/1/26
|
|
25,000
|
24,998
|
|
Westpac Banking Corp.
|
|
|
|
|
4.19%, 3/19/27
|
|
80,000
|
77,197
|
|
|
|
|
1,102,868
|
|
Total Commercial Paper (Cost $2,510,431)
|
2,509,822
|
||
|
Corporate Bonds (3.2%)
|
|
|
|
|
Automobiles (0.4%)
|
|
|
|
|
Toyota Motor Credit Corp.,
|
|
|
|
|
4.45%, 5/18/26
|
|
16,230
|
16,232
|
|
4.55%, 8/7/26
|
|
10,424
|
10,442
|
|
1.13%, 6/18/26
|
|
15,440
|
15,380
|
|
1.90%, 1/13/27
|
|
6,943
|
6,843
|
|
3.05%, 3/22/27
|
|
7,084
|
7,027
|
|
|
|
|
55,924
|
|
Domestic Banks (0.2%)
|
|
|
|
|
Bank of New York Mellon Corp.
|
|
|
|
|
2.80%, 5/4/26
|
|
2,045
|
2,045
|
|
Citibank NA
|
|
|
|
|
4.93%, 8/6/26
|
|
25,523
|
25,561
|
|
|
|
|
27,606
|
|
Energy (0.0%)‡
|
|
|
|
|
Shell International Finance BV
|
|
|
|
|
2.88%, 5/10/26
|
|
4,168
|
4,166
|
|
Industrials (0.7%)
|
|
|
|
|
Siemens Financieringsmaatschappij NV,
|
|
|
|
|
2.35%, 10/15/26 (b)
|
|
5,000
|
4,962
|
|
6.13%, 8/17/26
|
|
92,185
|
92,733
|
|
|
|
|
97,695
|
|
Insurance (0.6%)
|
|
|
|
|
MassMutual Global Funding II
|
|
|
|
|
1.20%, 7/16/26 (b)
|
|
50,000
|
49,704
|
|
Met Tower Global Funding
|
|
|
|
|
1.25%, 9/14/26 (b)
|
|
2,855
|
2,825
|
|
Metropolitan Life Global Funding I
|
|
|
|
|
1.88%, 1/11/27 (b)
|
|
2,732
|
2,690
|
|
New York Life Global Funding,
|
|
|
|
|
2.35%, 7/14/26 (b)
|
|
21,805
|
21,730
|
|
5.45%, 9/18/26 (b)
|
|
2,150
|
2,161
|
|
|
|
|
79,110
|
|
International Banks (1.3%)
|
|
|
|
|
Banque Federative du Credit Mutuel SA
|
|
|
|
|
5.90%, 7/13/26 (b)
|
|
28,330
|
28,432
|
|
Commonwealth Bank of Australia
|
|
|
|
|
2.63%, 9/6/26 (b)
|
|
4,100
|
4,079
|
|
Cooperatieve Rabobank UA
|
|
|
|
|
5.04%, 3/5/27
|
|
12,000
|
12,102
|
|
|
|
Face
Amount
(000)
|
Value
(000)
|
|
|
|
|
|
|
|
|
|
|
|
Credit Agricole SA
|
|
|
|
|
5.59%, 7/5/26 (b)
|
$
|
7,299
|
$7,318
|
|
Macquarie Bank Ltd.
|
|
|
|
|
5.21%, 6/15/26 (b)
|
|
4,000
|
4,006
|
|
Skandinaviska Enskilda Banken AB
|
|
|
|
|
1.20%, 9/9/26 (b)
|
|
2,000
|
1,979
|
|
Svenska Handelsbanken AB
|
|
|
|
|
5.25%, 6/15/26 (b)
|
|
18,250
|
18,275
|
|
Swedbank AB
|
|
|
|
|
5.47%, 6/15/26 (b)
|
|
18,000
|
18,029
|
|
UBS AG London
|
|
|
|
|
1.25%, 6/1/26
|
|
47,465
|
47,354
|
|
Westpac Banking Corp.
|
|
|
|
|
2.70%, 8/19/26
|
|
4,849
|
4,830
|
|
Westpac New Zealand Ltd.
|
|
|
|
|
5.13%, 2/26/27 (b)
|
|
20,000
|
20,158
|
|
|
|
|
166,562
|
|
Total Corporate Bonds (Cost $431,128)
|
|
|
431,063
|
|
Floating Rate Notes (c) (15.1%)
|
|||
|
Asset-Backed Diversified Financial Services (0.1%)
|
|||
|
Podium Funding Trust,
|
|
|
|
|
SOFR + 0.30%, 3.93%, 9/2/26
|
|
19,000
|
19,007
|
|
Automobiles (0.3%)
|
|||
|
Toyota Motor Credit Corp.,
|
|
|
|
|
MTN
|
|
|
|
|
SOFR + 0.30%, 3.93%, 2/12/27
|
|
40,000
|
40,031
|
|
Diversified Financial Services (0.2%)
|
|||
|
CDP Financial, Inc.,
|
|
|
|
|
SOFR + 0.32%, 3.96%, 1/28/27 (b)
|
|
25,000
|
25,004
|
|
Domestic Banks (1.7%)
|
|||
|
Bank of America Securities, Inc.,
|
|
|
|
|
SOFR + 0.40%, 4.04%,
11/12/26 - 11/24/26
|
|
90,000
|
90,067
|
|
Goldman Sachs Bank USA,
|
|
|
|
|
SOFR + 0.30%, 3.95%, 8/7/26
|
|
93,000
|
93,033
|
|
ING U.S. Funding LLC,
|
|
|
|
|
SOFR + 0.30%, 3.94%, 10/6/26 (b)
|
|
45,000
|
45,000
|
|
|
|
|
228,100
|
|
Finance (1.4%)
|
|||
|
Citigroup Global Markets, Inc.,
|
|
|
|
|
3.99%, 12/16/26 (b)
|
|
60,000
|
60,002
|
|
SOFR + 0.37%, 4.01%, 12/1/26 (b)
|
|
125,000
|
125,019
|
|
|
|
|
185,021
|
|
Insurance (0.7%)
|
|||
|
Pacific Life Global Funding II,
|
|
|
|
|
SOFR + 1.05%, 4.69%, 7/28/26 (b)
|
|
12,500
|
12,529
|
|
Pricoa Short Term Funding LLC,
|
|
|
|
|
SOFR + 0.25%, 3.89%, 5/26/26 (b)
|
|
75,000
|
75,008
|
|
|
|
|
87,537
|
|
International Banks (10.7%)
|
|||
|
ASB Bank Ltd.,
|
|
|
|
|
SOFR + 0.32%, 3.96%, 9/4/26 (b)
|
|
50,000
|
50,023
|
|
|
|
Face
Amount
(000)
|
Value
(000)
|
|
Floating Rate Notes (c) (cont'd)
|
|||
|
International Banks (cont'd)
|
|||
|
Bank of Montreal,
|
|
|
|
|
SOFR + 0.40%, 4.03%, 12/7/26
|
$
|
60,000
|
$60,025
|
|
4.10%, 5/7/27 (b)
|
|
94,000
|
94,035
|
|
Canadian Imperial Bank of Commerce,
|
|
|
|
|
SOFR + 0.47%, 4.10%, 4/27/27
|
|
75,000
|
75,077
|
|
Commonwealth Bank of Australia,
|
|
|
|
|
SOFR + 0.46%, 4.12%, 11/27/26 (b)(d)
|
|
9,300
|
9,307
|
|
Credit Agricole SA,
|
|
|
|
|
SOFR + 1.29%, 4.95%, 7/5/26 (b)
|
|
4,060
|
4,068
|
|
ING Bank NV,
|
|
|
|
|
3.92%, 9/21/26
|
|
70,000
|
70,003
|
|
Lloyds Bank PLC,
|
|
|
|
|
3.92%, 9/22/26
|
|
75,000
|
74,992
|
|
3.98%, 12/18/26
|
|
85,000
|
84,992
|
|
Macquarie Bank Ltd.,
|
|
|
|
|
SOFR + 0.25%, 3.89%, 5/27/26 (b)
|
|
17,000
|
17,002
|
|
SOFR + 0.27%, 3.91%, 7/10/26 (b)
|
|
120,000
|
120,035
|
|
Mizuho Bank Ltd. (New York Branch),
|
|
|
|
|
SOFR + 0.26%, 3.90%, 6/1/26
|
|
6,500
|
6,501
|
|
Royal Bank of Canada,
|
|
|
|
|
SOFR + 0.31%, 3.94%, 9/11/26 (b)
|
|
75,000
|
75,034
|
|
Sumitomo Mitsui Banking Corp.,
|
|
|
|
|
SOFR + 0.31%, 3.94%, 10/2/26 - 10/7/26
|
|
325,000
|
325,082
|
|
SOFR + 0.32%, 3.95%, 8/17/26
|
|
125,000
|
125,063
|
|
SOFR + 0.35%, 3.98%, 9/10/26 (b)
|
|
16,000
|
16,008
|
|
UBS AG London,
|
|
|
|
|
3.98%, 11/3/26 (b)
|
|
75,000
|
74,998
|
|
SOFR + 0.40%, 4.08%, 11/5/26 (b)
|
|
93,000
|
93,023
|
|
Westpac Securities NZ Ltd.,
|
|
|
|
|
SOFR + 0.30%, 3.93%, 8/19/26 (b)
|
|
43,000
|
43,020
|
|
|
|
|
1,418,288
|
|
Total Floating Rate Notes (Cost $2,002,398)
|
2,002,988
|
||
|
Repurchase Agreements (53.4%)
|
|||
|
ABN AMRO Securities LLC, (3.85%, dated
4/30/26, due 5/1/26; proceeds $35,004;
fully collateralized by various Corporate
Bonds, 2.90% - 6.95% due
4/1/36 - 3/15/66, U.S. Government agency
securities, 0.00% - 7.00% due
5/25/26 - 4/1/55, U.S. Government
obligations, 2.38% - 4.25% due
2/28/29 - 5/15/51; valued at $36,744)
|
|
35,000
|
35,000
|
|
ABN AMRO Securities LLC, (Interest in
$400,000 joint repurchase agreement,
3.65%, dated 4/30/26 under which ABN
AMRO Securities LLC, will repurchase the
securities provided as collateral for
$400,041 on 5/1/26. The securities
provided as collateral at the end of the
period held with BNY Mellon, tri-party agent,
were various U.S. Government obligations
with various maturities to 11/15/53; valued
at $408,000)
|
|
260,000
|
260,000
|
|
|
|
Face
Amount
(000)
|
Value
(000)
|
|
|
|||
|
Bank of America Securities, Inc., (3.63% (e),
dated 6/30/25, due 7/29/26; proceeds
$46,788; fully collateralized by various
Common Stocks and Preferred Stocks;
valued at $47,250) (f)
|
$
|
45,000
|
$45,000
|
|
Bank of America Securities, Inc., (3.63% (e),
dated 10/24/25, due 7/29/26; proceeds
$77,102; fully collateralized by various
Common Stocks and Preferred Stocks;
valued at $78,750) (f)
|
|
75,000
|
75,000
|
|
Bank of Nova Scotia, (3.76%, dated 4/30/26,
due 5/1/26; proceeds $120,013; fully
collateralized by various Common Stocks;
valued at $126,000) (f)
|
|
120,000
|
120,000
|
|
Bank of Nova Scotia, (3.74%, dated 4/30/26,
due 5/1/26; proceeds $545,057; fully
collateralized by various Corporate Bonds,
1.60% - 8.13% due 6/1/26 - 3/15/66;
valued at $572,250)
|
|
545,000
|
545,000
|
|
BNP Paribas Prime Brokerage, Inc., (3.76%,
dated 4/30/26, due 5/1/26; proceeds
$15,002; fully collateralized by various
Common Stocks and Preferred Stocks;
valued at $15,752) (f)
|
|
15,000
|
15,000
|
|
BNP Paribas Prime Brokerage, Inc., (3.78%,
dated 4/30/26, due 5/7/26; proceeds
$120,088; fully collateralized by various
Common Stocks and Preferred Stocks;
valued at $126,093) (f)
|
|
120,000
|
120,000
|
|
BNP Paribas SA, (3.80% (e), dated 10/9/25,
due 5/7/26; proceeds $536,638; fully
collateralized by various Corporate Bonds,
3.25% - 13.50% due 5/1/28 - 8/1/53;
valued at $556,487) (f)
|
|
525,000
|
525,000
|
|
BNP Paribas SA, (3.79%, dated 4/30/26, due
5/1/26; proceeds $5,001; fully
collateralized by various Corporate Bonds,
4.63% - 10.75% due 6/1/28 - 4/15/34;
valued at $5,301) (f)
|
|
5,000
|
5,000
|
|
BNP Paribas SA, (Interest in $550,000 joint
repurchase agreement, 3.65%, dated
4/30/26 under which BNP Paribas SA, will
repurchase the securities provided as
collateral for $550,056 on 5/1/26. The
securities provided as collateral at the end of
the period held with BNY Mellon, tri-party
agent, were various U.S. Government agency
securities and U.S. Government obligations
with various maturities to 10/20/65; valued
at $565,766)
|
|
195,000
|
195,000
|
|
Citigroup Global Markets, Inc., (3.72%, dated
4/30/26, due 5/1/26; proceeds $400,041;
fully collateralized by various
U.S. Government obligations, 0.13% - 4.38%
due 10/31/29 - 5/15/30; valued at
$408,000)
|
|
400,000
|
400,000
|
|
Credit Agricole Corporate and Investment Bank,
(3.63% (e), dated 11/7/23, due 5/7/26;
proceeds $97,184; fully collateralized by
various Corporate Bonds, 0.95% - 7.62% due
5/15/26 - 3/2/53, U.S. Government
obligations, 0.00% - 4.38% due
1/15/28 - 5/15/31; valued at $93,260) (f)
|
|
89,000
|
89,000
|
|
|
|
Face
Amount
(000)
|
Value
(000)
|
|
Repurchase Agreements (cont'd)
|
|||
|
Credit Agricole Corporate and Investment Bank,
(3.68%, dated 4/28/26, due 5/5/26;
proceeds $265,190; fully collateralized by
various Corporate Bonds, 1.23% - 8.15% due
11/1/26 - 10/15/55, U.S. Government
agency securities, 5.50% - 6.50% due
5/20/55 - 2/20/56, and a U.S. Government
obligation, 4.38% due 11/30/28; valued at
$277,537) (f)
|
$
|
265,000
|
$265,000
|
|
Credit Agricole Corporate and Investment Bank,
(3.98% (e), dated 4/15/26, due 5/7/26;
proceeds $100,243; fully collateralized by
various Corporate Bonds, 1.65% - 7.62% due
7/22/26 - 3/1/55, U.S. Government
obligation, 4.38% due 11/30/28; valued at
$104,947) (f)
|
|
100,000
|
100,000
|
|
Credit Agricole Corporate and Investment Bank,
(3.63% (e), dated 12/12/23, due 5/7/26;
proceeds $191,564; fully collateralized by
various Corporate Bonds, 1.75% - 7.62% due
6/15/26 - 4/22/56; valued at $184,801)
|
|
176,000
|
176,000
|
|
Credit Agricole Corporate and Investment Bank,
(3.67%, dated 4/30/26, due 5/1/26;
proceeds $25,003; fully collateralized by
various Corporate Bonds, 4.38% - 6.63% due
11/1/34 - 11/15/55, a U.S. Government
obligation, 4.38% due 11/30/28; valued at
$25,984)
|
|
25,000
|
25,000
|
|
HSBC Securities USA, Inc., (3.74%, dated
4/30/26, due 5/1/26; proceeds $255,026;
fully collateralized by various Corporate
Bonds, 2.60% - 8.38% due
3/2/27 - 7/18/54; valued at $267,779)
|
|
255,000
|
255,000
|
|
ING Financial Markets LLC, (3.71%, dated
4/30/26, due 5/1/26; proceeds $53,005;
fully collateralized by various Corporate
Bonds, 1.02% - 7.00% due
5/13/27 - 2/15/53, U.S. Government
agency securities, 3.50% - 5.50% due
8/1/45 - 4/1/54; valued at $55,621)
|
|
53,000
|
53,000
|
|
JP Morgan Clearing Corp., (3.82% (e), dated
9/17/25, due 5/7/26; proceeds $204,924;
fully collateralized by various Corporate
Bonds, 2.65% - 11.50% due
10/15/26 - 2/15/62; valued at $212,281)
|
|
200,000
|
200,000
|
|
JP Morgan Clearing Corp., (3.84% (e), dated
7/31/23, due 5/7/26; proceeds $116,323;
fully collateralized by various Corporate
Bonds, 3.38% - 10.75% due
8/1/27 - 3/15/82; valued at $111,525) (f)
|
|
105,000
|
105,000
|
|
JP Morgan Securities LLC, (3.89% (e), dated
11/17/21, due 5/7/26; proceeds
$217,624; fully collateralized by various
Common Stocks and Preferred Stocks;
valued at $194,879) (f)
|
|
185,000
|
185,000
|
|
JP Morgan Securities LLC, (3.63% (e), dated
10/7/25, due 5/7/26; proceeds $76,603;
fully collateralized by various Common
Stocks and Preferred Stocks; valued at
$79,002) (f)
|
|
75,000
|
75,000
|
|
|
|
Face
Amount
(000)
|
Value
(000)
|
|
|
|||
|
Mizuho Securities USA LLC, (3.78%, dated
4/30/26, due 5/1/26; proceeds $425,045;
fully collateralized by various Common
Stocks; valued at $446,250) (f)
|
$
|
425,000
|
$425,000
|
|
Mizuho Securities USA LLC, (4.03% (e), dated
12/16/25, due 6/4/26; proceeds $33,628;
fully collateralized by various Corporate
Bonds, 1.25% - 7.00% due
8/12/26 - 3/15/56; valued at $34,651) (f)
|
|
33,000
|
33,000
|
|
MUFG Securities Americas, Inc., (3.70%, dated
4/30/26, due 5/1/26; proceeds $240,025;
fully collateralized by various Common
Stocks; valued at $252,026) (f)
|
|
240,000
|
240,000
|
|
MUFG Securities Americas, Inc., (3.70%, dated
4/30/26, due 5/1/26; proceeds $100,010;
fully collateralized by various Common
Stocks; valued at $105,011) (f)
|
|
100,000
|
100,000
|
|
RBC Capital Markets LLC, (3.74%, dated
4/28/26, due 5/5/26; proceeds $225,164;
fully collateralized by various Corporate
Bonds, 1.35% - 8.10% due
12/11/26 - 11/15/95; valued at $236,250)
|
|
225,000
|
225,000
|
|
Societe Generale SA, (3.76%, dated 4/29/26,
due 5/6/26; proceeds $337,246; fully
collateralized by various Corporate Bonds,
1.05% - 7.50% due 5/10/26 - 11/26/85,
U.S. Government obligations, 0.00% due
11/15/28 - 8/15/54; valued at
$354,107) (f)
|
|
337,000
|
337,000
|
|
Societe Generale SA, (3.74%, dated 4/30/26,
due 5/1/26; proceeds $120,012; fully
collateralized by various Corporate Bonds,
2.75% - 8.88% due 6/1/26 - 12/1/44;
valued at $127,213)
|
|
120,000
|
120,000
|
|
TD Securities USA LLC, (3.74% (e), dated
3/27/24, due 5/7/26; proceeds $234,381;
fully collateralized by various Corporate
Bonds, 1.95% - 8.45% due
11/15/26 - 4/29/61; valued at $227,850)
|
|
217,000
|
217,000
|
|
TD Securities USA LLC, (3.73%, dated
4/30/26, due 5/1/26; proceeds $130,013;
fully collateralized by various Corporate
Bonds, 2.25% - 7.50% due
7/26/29 - 11/15/53; valued at $136,500)
|
|
130,000
|
130,000
|
|
TD Securities USA LLC, (3.74%, dated
4/30/26, due 5/1/26; proceeds $85,009;
fully collateralized by various Corporate
Bonds, 3.38% - 9.63% due
1/15/27 - 3/1/34; valued at $90,101)
|
|
85,000
|
85,000
|
|
Wells Fargo Securities LLC, (4.02% (e), dated
12/9/25, due 7/29/26; proceeds
$102,593; fully collateralized by various
Common Stocks and Preferred Stocks;
valued at $105,000) (f)
|
|
100,000
|
100,000
|
|
Wells Fargo Securities LLC, (4.01% (e), dated
9/17/25, due 8/5/26; proceeds $170,918;
fully collateralized by various Corporate
Bonds, 0.01% - 8.35% due
2/16/27 - 12/31/79; valued at
$173,250) (f)
|
|
165,000
|
165,000
|
|
|
|
Face
Amount
(000)
|
Value
(000)
|
|
Repurchase Agreements (cont'd)
|
|||
|
Wells Fargo Securities LLC, (4.03% (e), dated
12/16/25, due 7/29/26; proceeds
$41,008; fully collateralized by various
Corporate Bonds, 2.45% - 6.63% due
9/8/26 - 3/13/51; valued at $42,001)
|
$
|
40,000
|
$40,000
|
|
Wells Fargo Securities LLC, (Interest in
$3,400,000 joint repurchase agreement,
3.65%, dated 4/30/26 under which Wells
Fargo Securities LLC, will repurchase the
securities provided as collateral for
$3,400,345 on 5/1/26. The securities
provided as collateral at the end of the
period held with BNY Mellon, tri-party agent,
were various U.S. Government agency
securities with various maturities to 1/1/59;
valued at $3,502,000)
|
|
1,000,000
|
1,000,000
|
|
Total Repurchase Agreements (Cost $7,085,000)
|
7,085,000
|
||
|
Total Investments (95.4%) (Cost $12,668,961) (g)(h)
|
12,668,506
|
||
|
Other Assets in Excess of Liabilities (4.6%)
|
608,776
|
||
|
Net Assets (100.0%)
|
$13,277,282
|
||
|
(a)
|
The rates shown are the effective yields at the date of purchase.
|
|
(b)
|
144A security — Certain conditions for public sale may exist.
Unless otherwise noted, these securities are deemed to be liquid.
|
|
(c)
|
Floating or variable rate securities: The rates disclosed are as of
April 30, 2026. For securities based on a published reference rate
and spread, the reference rate and spread are indicated in the
description in the Portfolio of Investments. Certain variable rate
securities may not be based on a published reference rate and
spread but are determined by the issuer or agent and are based
on current market conditions. These securities do not indicate a
reference rate and spread in their description in the Portfolio of
Investments.
|
|
(d)
|
All or a portion of the security is subject to delayed delivery.
|
|
(e)
|
Rate as of period end and maturity is the date the principal owed
can be recovered through demand.
|
|
(f)
|
Perpetual — One or more securities do not have a predetermined
maturity date. Rates for these securities are fixed for a period of
time after which they revert to a floating rate. Interest rates in
effect are as of April 30, 2026.
|
|
(g)
|
Securities are available for collateral in connection with securities
purchased on a forward commitment basis.
|
|
(h)
|
At April 30, 2026, the aggregate cost for federal income tax
purposes approximates the aggregate cost for book purposes.
The aggregate gross unrealized appreciation is approximately
$1,143,000 and the aggregate gross unrealized depreciation is
approximately $1,598,000, resulting in net unrealized
depreciation of approximately $455,000.
|
|
‡
|
Amount is less than 0.05%.
|
|
MTN
|
Medium Term Note.
|
|
SOFR
|
Secured Overnight Financing Rate.
|
|
Portfolio Composition
|
|
|
Classification
|
Percentage of
Total Investments
|
|
Repurchase Agreements
|
55.9
%
|
|
Commercial Paper
|
19.8
|
|
Floating Rate Notes
|
15.8
|
|
Certificates of Deposit
|
5.1
|
|
Other*
|
3.4
|
|
Total Investments
|
100.0
%
|
|
*
|
Industries and/or investment types representing less than 5% of total
investments.
|
|
|
|
Face
Amount
(000)
|
Value
(000)
|
|
Repurchase Agreements (52.7%)
|
|||
|
Bank of America NA, (3.75%, dated 12/10/25,
due 6/10/26; proceeds $407,583; fully
collateralized by various U.S. Government
agency securities, 2.00% - 4.00% due
2/1/42 - 8/1/50; valued at $412,000)
|
$
|
400,000
|
$400,000
|
|
Bank of America NA, (3.72%, dated 12/12/25,
due 6/12/26; proceeds $254,702; fully
collateralized by various U.S. Government
agency securities, 2.50% - 4.00% due
6/1/42 - 10/1/51; valued at $257,500)
|
|
250,000
|
250,000
|
|
Bank of America NA, (3.78%, dated 12/2/25,
due 6/1/26; proceeds $101,901; fully
collateralized by various U.S. Government
agency securities, 3.00% - 3.50% due
10/1/46 - 11/1/47; valued at $103,000)
|
|
100,000
|
100,000
|
|
Bank of America NA, (3.87%, dated 11/3/25,
due 5/4/26; proceeds $101,957; fully
collateralized by various U.S. Government
agency securities, 3.00% - 3.50% due
9/1/42 - 11/1/46; valued at $103,000)
|
|
100,000
|
100,000
|
|
Bank of America NA, (3.83%, dated 11/7/25,
due 5/6/26; proceeds $101,915; fully
collateralized by various U.S. Government
agency securities, 3.00% - 4.00% due
9/1/42 - 7/1/48; valued at $103,000)
|
|
100,000
|
100,000
|
|
Bank of America Securities, Inc., (3.88% (a),
dated 10/20/25, due 5/7/26; proceeds
$204,291; fully collateralized by a
U.S. Government obligation, 1.38% due
11/15/40; valued at $204,000)
|
|
200,000
|
200,000
|
|
Bank of America Securities, Inc., (3.65%, dated
4/30/26, due 5/1/26; proceeds $966,098;
fully collateralized by various
U.S. Government agency securities, 0.75% -
7.00% due 6/23/26 - 3/20/76; valued at
$993,253)
|
|
966,000
|
966,000
|
|
Bank of America Securities, Inc., (3.67% (a),
dated 4/14/26, due 5/7/26; proceeds
$501,171; fully collateralized by various
U.S. Government agency securities, 0.90% -
7.00% due 6/15/26 - 1/20/66; valued at
$512,136)
|
|
500,000
|
500,000
|
|
Bank of America Securities, Inc., (3.68% (a),
dated 3/9/26, due 5/7/26; proceeds
$503,017; fully collateralized by various
U.S. Government agency securities, 2.00% -
7.00% due 11/10/27 - 11/20/75; valued at
$514,501)
|
|
500,000
|
500,000
|
|
Bank of America Securities, Inc., (4.09% (a),
dated 7/30/25, due 5/7/26; proceeds
$515,978; fully collateralized by various
U.S. Government agency securities, 2.00% -
7.00% due 2/2/28 - 4/15/61; valued at
$514,990)
|
|
500,000
|
500,000
|
|
Bank of America Securities, Inc., (3.69% (a),
dated 1/22/26, due 5/7/26; proceeds
$1,010,763; fully collateralized by various
U.S. Government agency securities, 2.50% -
8.00% due 8/15/26 - 9/20/75; valued at
$1,029,533)
|
|
1,000,000
|
1,000,000
|
|
|
|
Face
Amount
(000)
|
Value
(000)
|
|
|
|||
|
Bank of America Securities, Inc., (4.07% (a),
dated 7/30/25, due 5/7/26; proceeds
$412,720; fully collateralized by various
U.S. Government obligation, 0.00% - 3.50%
due 2/15/27 - 11/15/47; valued at
$408,000)
|
$
|
400,000
|
$400,000
|
|
Bank of America Securities, Inc., (3.72% (a),
dated 1/27/26, due 5/7/26; proceeds
$252,583; fully collateralized by various
U.S. Government obligation, 3.38% - 3.50%
due 11/30/27 - 11/30/30; valued at
$255,000)
|
|
250,000
|
250,000
|
|
Bank of America Securities, Inc., (3.64%, dated
4/30/26, due 5/1/26; proceeds $250,025;
fully collateralized by various
U.S. Government obligations, 0.00% - 1.13%
due 7/23/26 - 5/15/51; valued at
$255,000)
|
|
250,000
|
250,000
|
|
Bank of America Securities, Inc., (3.61% (a),
dated 1/16/26, due 5/7/26; proceeds
$252,783; fully collateralized by various
U.S. Government obligations, 0.00% - 1.88%
due 2/15/40 - 2/15/56; valued at
$255,000)
|
|
250,000
|
250,000
|
|
Bank of America Securities, Inc., (3.69% (a),
dated 1/16/26, due 5/7/26; proceeds
$252,845; fully collateralized by various
U.S. Government obligations, 0.00% - 2.13%
due 5/15/39 - 2/15/51; valued at
$255,000)
|
|
250,000
|
250,000
|
|
Bank of America Securities, Inc., (3.70% (a),
dated 2/27/26, due 5/7/26; proceeds
$428,012; fully collateralized by various
U.S. Government obligations, 0.00% - 3.50%
due 5/15/26 - 5/15/51; valued at
$433,500)
|
|
425,000
|
425,000
|
|
Bank of Montreal, (3.71% (a), dated 4/30/26,
due 5/7/26; proceeds $250,180; fully
collateralized by various U.S. Government
agency securities, 0.35% - 6.50% due
4/25/27 - 4/25/56; valued at $262,500)
|
|
250,000
|
250,000
|
|
Bank of New York - Fixed Income Clearing
Corp., (3.65%, dated 4/30/26, due 5/1/26;
proceeds $1,000,101; fully collateralized by
various U.S. Government agency securities,
3.50% - 6.50% due 3/1/48 - 1/1/56; valued
at $1,020,000)
|
|
1,000,000
|
1,000,000
|
|
Bank of New York - Fixed Income Clearing
Corp., (3.64%, dated 4/30/26, due 5/1/26;
proceeds $1,500,152; fully collateralized by
various U.S. Government obligations, 1.25% -
3.88% due 1/15/28 - 5/15/42; valued at
$1,530,000)
|
|
1,500,000
|
1,500,000
|
|
Bank of New York - Fixed Income Clearing
Corp., (3.65%, dated 4/30/26, due 5/1/26;
proceeds $5,400,548; fully collateralized by
various U.S. Government obligations, 1.75% -
4.50% due 7/15/27 - 7/31/29; valued at
$5,508,000)
|
|
5,400,000
|
5,400,000
|
|
|
|
Face
Amount
(000)
|
Value
(000)
|
|
Repurchase Agreements (cont'd)
|
|||
|
Barclays Bank PLC, (3.86% (a), dated
12/22/25, due 5/7/26; proceeds
$1,217,490; fully collateralized by various
U.S. Government agency securities, 0.00% -
7.00% due 8/25/27 - 7/16/67; valued at
$1,263,881)
|
$
|
1,200,000
|
$1,200,000
|
|
Barclays Bank PLC, (3.78% (a), dated 4/7/26,
due 5/7/26; proceeds $250,788; fully
collateralized by various U.S. Government
agency securities, 0.55% - 8.50% due
11/1/27 - 5/16/68; valued at $263,159)
|
|
250,000
|
250,000
|
|
Barclays Bank PLC, (3.65% (a), dated 4/13/26,
due 5/7/26; proceeds $1,002,433; fully
collateralized by various U.S. Government
agency securities, 1.50% - 7.00% due
8/15/32 - 3/15/67; valued at $1,031,880)
|
|
1,000,000
|
1,000,000
|
|
Barclays Bank PLC, (3.65%, dated 4/30/26,
due 5/1/26; proceeds $850,086; fully
collateralized by various U.S. Government
agency securities, 1.50% - 7.50% due
2/1/27 - 12/15/60; valued at $875,590)
|
|
850,000
|
850,000
|
|
Barclays Bank PLC, (3.65% (a), dated 4/13/26,
due 5/7/26; proceeds $1,002,433; fully
collateralized by various U.S. Government
agency securities, 2.00% - 7.00% due
1/1/28 - 1/15/68; valued at $1,031,880)
|
|
1,000,000
|
1,000,000
|
|
Barclays Bank PLC, (3.65% (a), dated 4/21/26,
due 5/7/26; proceeds $1,001,622; fully
collateralized by various U.S. Government
agency securities, 2.00% - 7.00% due
8/15/33 - 9/15/67; valued at $1,031,043)
|
|
1,000,000
|
1,000,000
|
|
Barclays Bank PLC, (3.64%, dated 4/30/26,
due 5/1/26; proceeds $1,000,101; fully
collateralized by various U.S. Government
obligations, 2.00% - 4.75% due
4/30/27 - 11/15/53; valued at $1,020,103)
|
|
1,000,000
|
1,000,000
|
|
BMO Capital Markets Corp., (3.70%, dated
4/30/26, due 5/1/26; proceeds $250,026;
fully collateralized by various
U.S. Government agency securities, 0.00% -
5.50% due 8/16/39 - 4/20/76, a
U.S. Government obligation, 0.00% due
6/4/26; valued at $260,655)
|
|
250,000
|
250,000
|
|
BMO Capital Markets Corp., (3.71% (a), dated
4/30/26, due 5/7/26; proceeds $550,397;
fully collateralized by various
U.S. Government agency securities, 0.00% -
7.60% due 6/25/26 - 9/20/75,
U.S. Government obligation, 3.00% due
8/15/48; valued at $577,454)
|
|
550,000
|
550,000
|
|
BMO Capital Markets Corp., (3.70% (a), dated
4/30/26, due 5/7/26; proceeds $600,432;
fully collateralized by various
U.S. Government agency securities, 1.67% -
8.07% due 1/1/28 - 5/25/50; valued at
$618,003)
|
|
600,000
|
600,000
|
|
|
|
Face
Amount
(000)
|
Value
(000)
|
|
|
|||
|
BMO Capital Markets Corp., (3.66%, dated
4/30/26, due 5/1/26; proceeds $200,020;
fully collateralized by various
U.S. Government agency security, 5.16% due
3/1/33, U.S. Government obligation, 3.88% -
4.50% due 8/15/33 - 11/15/33; valued at
$204,858)
|
$
|
200,000
|
$200,000
|
|
BMO Harris Bank NA, (3.65%, dated 4/30/26,
due 5/1/26; proceeds $250,025; fully
collateralized by various U.S. Government
agency securities, 0.93% - 4.00% due
10/1/27 - 9/1/51; valued at $260,453)
|
|
250,000
|
250,000
|
|
BNP Paribas SA, (Interest in $550,000 joint
repurchase agreement, 3.65%, dated
4/30/26 under which BNP Paribas SA, will
repurchase the securities provided as
collateral for $550,056 on 5/1/26. The
securities provided as collateral at the end of
the period held with BNY Mellon, tri-party
agent, were various U.S. Government agency
securities and U.S. Government obligations
with various maturities to 10/20/65; valued
at $565,766)
|
|
25,000
|
25,000
|
|
BNP Paribas SA, (3.82% (a), dated 10/8/25,
due 6/29/26; proceeds $514,007; fully
collateralized by various U.S. Government
agency securities, 0.00% - 8.10% due
5/25/26 - 5/20/74, U.S. Government
obligations, 0.63% - 4.50% due
1/31/28 - 8/15/47; valued at $520,235)
|
|
500,000
|
500,000
|
|
BNP Paribas SA, (3.79% (a), dated 10/8/25,
due 6/4/26; proceeds $410,065; fully
collateralized by various U.S. Government
agency securities, 0.00% - 8.10% due
7/25/26 - 10/20/74, U.S. Government
obligations, 0.00% - 4.00% due
11/30/29 - 5/15/36; valued at $416,210)
|
|
400,000
|
400,000
|
|
BNP Paribas SA, (4.14% (a), dated 6/26/25,
due 5/7/26; proceeds $777,162; fully
collateralized by various U.S. Government
agency securities, 1.50% - 8.00% due
3/1/27 - 3/20/66, U.S. Government
obligations, 0.00% - 4.00% due
5/12/26 - 11/15/52; valued at $771,299)
|
|
750,000
|
750,000
|
|
BNP Paribas SA, (3.53% (a), dated 1/26/26,
due 5/7/26; proceeds $1,514,855; fully
collateralized by various U.S. Government
agency securities, 1.80% - 8.00% due
5/16/28 - 3/20/66, U.S. Government
obligations, 0.00% - 4.00% due
11/30/27 - 5/15/48; valued at $1,543,610)
|
|
1,500,000
|
1,500,000
|
|
BNP Paribas SA, (Interest in $900,000 joint
repurchase agreement, 3.64%, dated
4/30/26 under which BNP Paribas SA, will
repurchase the securities provided as
collateral for $900,091 on 5/1/26. The
securities provided as collateral at the end of
the period held with BNY Mellon, tri-party
agent, were various U.S. Government
obligations with various maturities to
2/15/56; valued at $918,000)
|
|
500,000
|
500,000
|
|
|
|
Face
Amount
(000)
|
Value
(000)
|
|
Repurchase Agreements (cont'd)
|
|||
|
BNP Paribas SA, (3.60% (a), dated 2/19/26,
due 5/7/26; proceeds $856,545; fully
collateralized by various U.S. Government
obligations, 0.00% - 2.13% due
12/31/27 - 5/15/48; valued at $867,000)
|
$
|
850,000
|
$850,000
|
|
BNP Paribas SA, (3.68% (a), dated 2/20/26,
due 5/7/26; proceeds $906,994; fully
collateralized by various U.S. Government
obligations, 0.00% - 3.88% due
7/21/26 - 5/15/54; valued at $918,000)
|
|
900,000
|
900,000
|
|
BNP Paribas SA, (3.69% (a), dated 2/13/26,
due 5/7/26; proceeds $705,947; fully
collateralized by various U.S. Government
obligations, 0.00% - 4.00% due
8/25/26 - 4/15/29; valued at $714,000)
|
|
700,000
|
700,000
|
|
BNP Paribas SA, (3.72% (a), dated 2/5/26, due
5/7/26; proceeds $605,636; fully
collateralized by various U.S. Government
obligations, 0.00% - 4.25% due
6/11/26 - 5/15/53; valued at $612,000)
|
|
600,000
|
600,000
|
|
BNP Paribas SA, (3.68% (a), dated 2/27/26,
due 5/7/26; proceeds $427,996; fully
collateralized by various U.S. Government
obligations, 0.00% - 4.38% due
6/2/26 - 2/15/54; valued at $433,500)
|
|
425,000
|
425,000
|
|
BNP Paribas SA, (3.69% (a), dated 2/10/26,
due 5/7/26; proceeds $252,201; fully
collateralized by various U.S. Government
obligations, 0.00% - 4.63% due
5/15/26 - 5/15/54; valued at $255,000)
|
|
250,000
|
250,000
|
|
BNP Paribas SA, (3.67% (a), dated 3/18/26,
due 5/7/26; proceeds $854,329; fully
collateralized by various U.S. Government
obligations, 0.00% - 4.75% due
5/15/26 - 8/15/55; valued at $867,000)
|
|
850,000
|
850,000
|
|
BNP Paribas SA, (3.60% (a), dated 2/12/26,
due 5/7/26; proceeds $428,570; fully
collateralized by various U.S. Government
obligations, 0.00% - 6.13% due
5/15/26 - 2/15/55; valued at $433,500)
|
|
425,000
|
425,000
|
|
BNP Paribas SA, (3.66% (a), dated 4/23/26,
due 5/7/26; proceeds $851,211; fully
collateralized by various U.S. Government
obligations, 0.00% - 6.50% due
7/31/26 - 8/15/51; valued at $867,000)
|
|
850,000
|
850,000
|
|
BNP Paribas SA, (4.19% (a), dated 5/13/25,
due 5/7/26; proceeds $2,031,497; fully
collateralized by various U.S. Government
obligations, 0.00% - 6.63% due
7/21/26 - 2/15/56; valued at $1,989,000)
|
|
1,950,000
|
1,950,000
|
|
BNP Paribas SA, (3.64%, dated 4/30/26, due
5/1/26; proceeds $650,066; fully
collateralized by various U.S. Government
obligations, 0.38% - 4.25% due
9/30/27 - 7/31/30; valued at $663,000)
|
|
650,000
|
650,000
|
|
|
|
Face
Amount
(000)
|
Value
(000)
|
|
|
|||
|
BNY Mellon Capital Markets LLC, (3.65%, dated
4/30/26, due 5/1/26; proceeds $250,025;
fully collateralized by various
U.S. Government agency securities, 2.00% -
6.50% due 3/18/32 - 5/1/56,
U.S. Government obligations, 0.00% - 4.63%
due 5/21/26 - 2/15/46; valued at
$255,984)
|
$
|
250,000
|
$250,000
|
|
Canadian Imperial Bank of Commerce, (3.65%,
dated 4/30/26, due 5/1/26; proceeds
$500,051; fully collateralized by various
U.S. Government agency securities, 1.50% -
7.00% due 4/1/28 - 10/20/72,
U.S. Government obligation, 0.00% - 4.75%
due 6/16/26 - 5/15/55; valued at
$513,284)
|
|
500,000
|
500,000
|
|
Canadian Imperial Bank of Commerce, (3.64%,
dated 4/30/26, due 5/1/26; proceeds
$450,046; fully collateralized by various
U.S. Government obligation, 0.00% - 5.00%
due 5/19/26 - 2/15/56; valued at
$459,000)
|
|
450,000
|
450,000
|
|
Citibank NA, (3.65%, dated 4/30/26, due
5/1/26; proceeds $500,051; fully
collateralized by various U.S. Government
agency securities, 1.50% - 9.00% due
5/15/26 - 9/15/67; valued at $515,000)
|
|
500,000
|
500,000
|
|
Citigroup Global Markets, Inc., (3.74%, dated
12/8/25, due 6/8/26; proceeds $203,782;
fully collateralized by various
U.S. Government agency securities, 2.00% -
6.00% due 10/20/53; valued at $206,000)
|
|
200,000
|
200,000
|
|
Citigroup Global Markets, Inc., (3.51%, dated
2/9/26, due 2/9/27; proceeds $207,118;
fully collateralized by various
U.S. Government agency securities, 2.00% -
7.50% due 7/20/53 - 9/20/53; valued at
$206,000)
|
|
200,000
|
200,000
|
|
Citigroup Global Markets, Inc., (3.74%, dated
12/9/25, due 6/8/26; proceeds $254,701;
fully collateralized by various
U.S. Government agency securities, 2.00% -
7.50% due 9/20/53 - 10/20/53; valued at
$257,500)
|
|
250,000
|
250,000
|
|
Citigroup Global Markets, Inc., (3.61%, dated
1/26/26, due 1/26/27; proceeds
$207,320; fully collateralized by various
U.S. Government agency securities, 2.00% -
8.00% due 10/20/53 - 11/20/53; valued at
$206,000)
|
|
200,000
|
200,000
|
|
Citigroup Global Markets, Inc., (3.67% (a),
dated 1/22/26, due 5/7/26; proceeds
$1,768,732; fully collateralized by various
U.S. Government agency securities, 2.00% -
8.00% due 3/20/27 - 4/20/66; valued at
$1,802,500)
|
|
1,750,000
|
1,750,000
|
|
Citigroup Global Markets, Inc., (3.69%, dated
2/4/26, due 8/4/26; proceeds $101,855;
fully collateralized by various
U.S. Government agency securities, 2.50% -
6.50% due 2/20/54; valued at $103,000)
|
|
100,000
|
100,000
|
|
|
|
Face
Amount
(000)
|
Value
(000)
|
|
Repurchase Agreements (cont'd)
|
|||
|
Citigroup Global Markets, Inc., (3.75%, dated
4/9/26, due 12/9/26; proceeds $205,083;
fully collateralized by various
U.S. Government agency securities, 2.50% -
8.00% due 12/20/53 - 2/20/54; valued at
$206,000)
|
$
|
200,000
|
$200,000
|
|
Citigroup Global Markets, Inc., (3.70%, dated
1/15/26, due 7/15/26; proceeds
$254,651; fully collateralized by various
U.S. Government agency securities, 2.50% -
8.00% due 2/20/54; valued at $257,500)
|
|
250,000
|
250,000
|
|
Citigroup Global Markets, Inc., (3.62%, dated
3/3/26, due 12/3/26; proceeds $205,531;
fully collateralized by various
U.S. Government agency securities, 2.50% -
8.00% due 4/20/54 - 6/20/54; valued at
$206,000)
|
|
200,000
|
200,000
|
|
Citigroup Global Markets, Inc., (3.79%, dated
4/28/26, due 4/28/27; proceeds
$778,820; fully collateralized by various
U.S. Government agency securities, 3.00% -
6.50% due 10/20/54 - 12/20/54; valued at
$772,500)
|
|
750,000
|
750,000
|
|
Citigroup Global Markets, Inc., (3.70%, dated
1/16/26, due 7/16/26; proceeds
$101,860; fully collateralized by various
U.S. Government agency securities, 3.50% -
7.50% due 6/20/53 - 7/20/53; valued at
$103,000)
|
|
100,000
|
100,000
|
|
Citigroup Global Markets, Inc., (3.64%, dated
3/3/26, due 11/3/26; proceeds $204,954;
fully collateralized by various
U.S. Government agency securities, 3.50% -
8.00% due 2/20/54 - 4/20/54; valued at
$206,001)
|
|
200,000
|
200,000
|
|
Citigroup Global Markets, Inc., (3.70%, dated
3/16/26, due 3/16/27; proceeds
$207,503; fully collateralized by various
U.S. Government agency securities, 3.50% -
8.00% due 7/20/54 - 8/20/54; valued at
$206,000)
|
|
200,000
|
200,000
|
|
Citigroup Global Markets, Inc., (3.90%, dated
3/27/26, due 3/25/27; proceeds
$779,494; fully collateralized by various
U.S. Government agency securities, 3.50% -
8.00% due 8/20/54 - 11/20/54; valued at
$772,500)
|
|
750,000
|
750,000
|
|
Citigroup Global Markets, Inc., (3.54%, dated
2/12/26, due 2/12/27; proceeds
$207,178; fully collateralized by various
U.S. Government agency securities, 5.00% -
8.00% due 11/20/53 - 12/20/53; valued at
$206,000)
|
|
200,000
|
200,000
|
|
Citigroup Global Markets, Inc., (3.62%, dated
3/4/26, due 3/4/27; proceeds $207,341;
fully collateralized by various
U.S. Government agency securities, 5.00% -
8.00% due 6/20/54 - 7/20/54; valued at
$206,000)
|
|
200,000
|
200,000
|
|
|
|
Face
Amount
(000)
|
Value
(000)
|
|
|
|||
|
Citigroup Global Markets, Inc., (3.60%, dated
2/17/26, due 10/16/26; proceeds
$307,230; fully collateralized by various
U.S. Government agency securities, 6.00% -
7.50% due 2/20/54; valued at $309,000)
|
$
|
300,000
|
$300,000
|
|
Citigroup Global Markets, Inc., (3.68%, dated
1/12/26, due 7/13/26; proceeds
$203,721; fully collateralized by various
U.S. Government agency securities, 6.00% -
8.00% due 2/20/54; valued at $206,000)
|
|
200,000
|
200,000
|
|
Citigroup Global Markets, Inc., (3.58%, dated
2/19/26, due 11/19/26; proceeds
$205,430; fully collateralized by various
U.S. Government agency securities, 6.00% -
8.00% due 2/20/54; valued at $206,001)
|
|
200,000
|
200,000
|
|
Citigroup Global Markets, Inc., (3.67% (a),
dated 1/14/26, due 5/7/26; proceeds
$1,011,523; fully collateralized by various
U.S. Government obligations, 0.00% - 3.75%
due 10/31/32 - 2/15/45; valued at
$1,020,000)
|
|
1,000,000
|
1,000,000
|
|
Citigroup Global Markets, Inc., (3.65%, dated
4/30/26, due 5/1/26; proceeds
$1,150,117; fully collateralized by various
U.S. Government obligations, 0.00% - 3.75%
due 10/31/32 - 2/15/56; valued at
$1,173,000)
|
|
1,150,000
|
1,150,000
|
|
Citigroup Global Markets, Inc., (3.83%, dated
11/10/25, due 5/11/26; proceeds
$203,873; fully collateralized by various
U.S. Government obligations, 0.00% - 3.75%
due 10/31/32 - 8/15/39; valued at
$204,000)
|
|
200,000
|
200,000
|
|
Citigroup Global Markets, Inc., (3.66% (a),
dated 4/10/26, due 5/7/26; proceeds
$401,098; fully collateralized by various
U.S. Government obligations, 0.00% - 3.75%
due 7/21/26 - 10/31/32; valued at
$408,000)
|
|
400,000
|
400,000
|
|
Citigroup Global Markets, Inc., (3.67% (a),
dated 1/8/26, due 5/7/26; proceeds
$1,012,138; fully collateralized by various
U.S. Government obligations, 0.00% - 4.25%
due 12/15/28 - 5/15/39; valued at
$1,020,000)
|
|
1,000,000
|
1,000,000
|
|
Citigroup Global Markets, Inc., (3.77%, dated
11/28/25, due 5/28/26; proceeds
$101,895; fully collateralized by various
U.S. Government obligations, 0.88% - 4.38%
due 11/30/28 - 10/31/32; valued at
$102,000)
|
|
100,000
|
100,000
|
|
Citigroup Global Markets, Inc., (3.84%, dated
11/5/25, due 5/5/26; proceeds $254,827;
fully collateralized by various
U.S. Government obligations, 0.88% - 5.25%
due 11/15/28 - 10/31/32; valued at
$255,000)
|
|
250,000
|
250,000
|
|
Citigroup Global Markets, Inc., (3.84%, dated
11/19/25, due 5/20/26; proceeds
$101,941; fully collateralized by various
U.S. Government obligations, 0.88% - 5.25%
due 11/15/28 - 10/31/32; valued at
$102,000)
|
|
100,000
|
100,000
|
|
|
|
Face
Amount
(000)
|
Value
(000)
|
|
Repurchase Agreements (cont'd)
|
|||
|
Citigroup Global Markets, Inc., (3.64% (a),
dated 4/8/26, due 5/7/26; proceeds
$1,002,935; fully collateralized by various
U.S. Government obligations, 0.88% - 5.25%
due 11/15/28 - 10/31/32; valued at
$1,020,000)
|
$
|
1,000,000
|
$1,000,000
|
|
Citigroup Global Markets, Inc., (3.66% (a),
dated 4/17/26, due 5/7/26; proceeds
$501,017; fully collateralized by various
U.S. Government obligations, 3.13% - 5.25%
due 10/31/28 - 10/31/32; valued at
$510,000)
|
|
500,000
|
500,000
|
|
Citigroup Global Markets, Inc., (3.82%, dated
11/21/25, due 5/21/26; proceeds
$101,921; fully collateralized by various
U.S. Government obligations, 3.13% - 5.25%
due 11/15/28 - 10/31/32; valued at
$102,000)
|
|
100,000
|
100,000
|
|
Citigroup Global Markets, Inc., (3.69%, dated
2/2/26, due 5/4/26; proceeds $100,933;
fully collateralized by various
U.S. Government obligations, 3.13% - 5.25%
due 11/15/28 - 10/31/32; valued at
$102,000)
|
|
100,000
|
100,000
|
|
Citigroup Global Markets, Inc., (3.82%, dated
11/12/25, due 5/13/26; proceeds
$254,828; fully collateralized by various
U.S. Government obligations, 3.50% - 5.25%
due 11/15/28 - 10/31/32; valued at
$255,000)
|
|
250,000
|
250,000
|
|
Credit Agricole - Fixed Income Clearing Corp.,
(3.64%, dated 4/30/26, due 5/1/26;
proceeds $1,000,101; fully collateralized by
various U.S. Government obligations, 0.38% -
4.75% due 9/30/26 - 5/15/44; valued at
$1,020,103)
|
|
1,000,000
|
1,000,000
|
|
Credit Agricole Corporate and Investment Bank,
(3.65%, dated 4/30/26, due 5/1/26;
proceeds $400,041; fully collateralized by
various U.S. Government agency securities,
2.00% - 7.50% due 5/1/28 - 5/20/65,
U.S. Government obligations, 0.00% - 4.75%
due 8/6/26 - 2/15/56; valued at $408,779)
|
|
400,000
|
400,000
|
|
Credit Agricole Corporate and Investment Bank,
(Interest in $300,000 joint repurchase
agreement, 3.64%, dated 4/30/26 under
which Credit Agricole Corporate and
Investment Bank, will repurchase the
securities provided as collateral for
$300,030 on 5/1/26. The securities
provided as collateral at the end of the
period held with BNY Mellon, tri-party agent,
were various U.S. Government obligations
with various maturities to 8/15/55; valued at
$306,000)
|
|
300,000
|
300,000
|
|
Credit Agricole Corporate and Investment Bank,
(3.64%, dated 4/30/26, due 5/1/26;
proceeds $330,033; fully collateralized by
various U.S. Government obligations, 1.88% -
4.75% due 9/30/29 - 2/15/56; valued at
$336,600)
|
|
330,000
|
330,000
|
|
|
|
Face
Amount
(000)
|
Value
(000)
|
|
|
|||
|
Daiwa Capital Markets America, Inc., (3.65%,
dated 4/30/26, due 5/1/26; proceeds
$1,000,101; fully collateralized by various
U.S. Government agency securities, 1.25% -
7.50% due 4/1/27 - 2/20/66, a
U.S. Government obligation, 4.13% due
5/31/32; valued at $1,030,104)
|
$
|
1,000,000
|
$1,000,000
|
|
Deutsche Bank Securities, Inc., (3.65%, dated
4/30/26, due 5/1/26; proceeds $500,051;
fully collateralized by various
U.S. Government agency securities, 0.00% -
7.13% due 5/15/26 - 2/7/39,
U.S. Government obligations, 2.88% - 3.50%
due 3/15/29 - 4/30/29; valued at
$510,001)
|
|
500,000
|
500,000
|
|
Goldman Sachs & Co. LLC, (3.65%, dated
4/30/26, due 5/1/26; proceeds $500,051;
fully collateralized by a U.S. Government
obligation, 2.75% due 8/15/47; valued at
$510,000)
|
|
500,000
|
500,000
|
|
Goldman Sachs & Co. LLC, (3.64%, dated
4/30/26, due 5/1/26; proceeds $500,051;
fully collateralized by various
U.S. Government obligations, 0.00% - 3.75%
due 11/15/28 - 11/15/33; valued at
$510,000)
|
|
500,000
|
500,000
|
|
Goldman Sachs & Co. LLC, (3.64% (a), dated
4/8/26, due 5/7/26; proceeds $1,755,137;
fully collateralized by various
U.S. Government obligations, 0.00% - 3.88%
due 8/25/26 - 2/15/54; valued at
$1,785,000)
|
|
1,750,000
|
1,750,000
|
|
HSBC Securities USA, Inc., (3.65%, dated
4/30/26, due 5/1/26; proceeds $915,093;
fully collateralized by various
U.S. Government agency securities, 0.00% -
8.00% due 5/15/26 - 3/15/67,
U.S. Government obligations, 0.13% - 5.00%
due 6/15/26 - 2/15/55; valued at
$938,794)
|
|
915,000
|
915,000
|
|
HSBC Securities USA, Inc., (3.64%, dated
4/30/26, due 5/1/26; proceeds $265,027;
fully collateralized by various
U.S. Government obligations, 0.00% - 6.38%
due 5/15/26 - 11/15/55; valued at
$270,327)
|
|
265,000
|
265,000
|
|
JP Morgan Securities LLC, (3.64%, dated
4/30/26, due 5/1/26; proceeds
$1,000,101; fully collateralized by a
U.S. Government obligation, 0.13% due
4/15/27; valued at $1,020,103)
|
|
1,000,000
|
1,000,000
|
|
JP Morgan Securities LLC, (3.79% (a), dated
7/3/25, due 5/7/26; proceeds $2,322,958;
fully collateralized by a U.S. Government
obligation, 3.63% due 8/31/29; valued at
$2,301,992)
|
|
2,250,000
|
2,250,000
|
|
JP Morgan Securities LLC, (3.82% (a), dated
1/13/26, due 7/30/26; proceeds
$1,020,999; fully collateralized by various
U.S. Government agency securities, 0.00% -
13.27% due 9/25/26 - 5/16/67; valued at
$1,053,300)
|
|
1,000,000
|
1,000,000
|
|
|
|
Face
Amount
(000)
|
Value
(000)
|
|
Repurchase Agreements (cont'd)
|
|||
|
JP Morgan Securities LLC, (3.80% (a), dated
10/7/25, due 5/7/26; proceeds
$4,344,980; fully collateralized by various
U.S. Government agency securities, 0.80% -
8.00% due 10/27/26 - 5/1/56; valued at
$4,390,408)
|
$
|
4,250,000
|
$4,250,000
|
|
JP Morgan Securities LLC, (3.91% (a), dated
1/13/26, due 5/7/26; proceeds
$1,012,375; fully collateralized by various
U.S. Government agency securities, 1.25% -
17.54% due 2/25/27 - 12/16/68; valued at
$1,053,221)
|
|
1,000,000
|
1,000,000
|
|
JP Morgan Securities LLC, (3.78% (a), dated
1/13/26, due 5/7/26; proceeds $430,085;
fully collateralized by various
U.S. Government agency securities, 1.56% -
7.50% due 11/13/26 - 5/1/56; valued at
$438,778)
|
|
425,000
|
425,000
|
|
JP Morgan Securities LLC, (3.62%, dated
4/30/26, due 5/1/26; proceeds
$1,000,101; fully collateralized by various
U.S. Government obligations, 0.00% - 4.75%
due 2/28/30 - 2/15/45; valued at
$1,020,103)
|
|
1,000,000
|
1,000,000
|
|
JP Morgan Securities LLC, (3.78% (a), dated
3/10/26, due 5/7/26; proceeds
$6,539,533; fully collateralized by various
U.S. Government obligations, 1.25% - 4.13%
due 8/15/27 - 4/15/31; valued at
$6,650,117)
|
|
6,500,000
|
6,500,000
|
|
JP Morgan Securities, Inc. - Fixed Income
Clearing Corp., (3.65%, dated 4/30/26, due
5/1/26; proceeds $3,350,340; fully
collateralized by various U.S. Government
agency securities, 1.50% - 7.50% due
10/1/26 - 5/15/67; valued at $3,450,850)
|
|
3,350,000
|
3,350,000
|
|
Mizuho Securities USA LLC, (3.64%, dated
4/30/26, due 5/1/26; proceeds $250,025;
fully collateralized by various
U.S. Government obligations, 0.75% - 4.13%
due 8/31/26 - 7/31/31; valued at
$255,000)
|
|
250,000
|
250,000
|
|
MUFG Securities Americas, Inc., (3.70%, dated
4/30/26, due 5/1/26; proceeds $300,031;
fully collateralized by various
U.S. Government agency securities, 0.16% -
6.50% due 9/1/26 - 4/1/56; valued at
$311,894)
|
|
300,000
|
300,000
|
|
MUFG Securities Americas, Inc., (3.65%, dated
4/30/26, due 5/1/26; proceeds $200,020;
fully collateralized by various
U.S. Government agency securities, 1.50% -
6.50% due 5/25/26 - 12/1/55; valued at
$205,114)
|
|
200,000
|
200,000
|
|
MUFG Securities Canada Ltd., (3.65%, dated
4/30/26, due 5/1/26; proceeds
$1,500,152; fully collateralized by various
U.S. Government agency securities, 1.00% -
7.50% due 7/2726 - 6/1/64,
U.S. Government obligations, 0.00% - 4.75%
due 11/15/26 - 8/15/55; valued at
$1,543,037)
|
|
1,500,000
|
1,500,000
|
|
|
|
Face
Amount
(000)
|
Value
(000)
|
|
|
|||
|
Natixis SA, (Interest in $1,900,000 joint
repurchase agreement, 3.65%, dated
4/30/26 under which Natixis SA, will
repurchase the securities provided as
collateral for $1,900,193 on 5/1/26. The
securities provided as collateral at the end of
the period held with BNY Mellon, tri-party
agent, were various U.S. Government agency
securities and U.S. Government obligations
with various maturities to 2/15/56; valued at
$1,940,618)
|
$
|
1,900,000
|
$1,900,000
|
|
Natixis SA, (3.68% (a), dated 12/8/21, due
5/7/26; proceeds $87,351; fully
collateralized by various U.S. Government
agency securities, 2.00% - 6.00% due
12/25/34 - 4/20/68, U.S. Government
obligations, 0.13% - 4.38% due
4/20/68 - 2/15/54; valued at $77,740)
|
|
75,000
|
75,000
|
|
Natixis SA, (3.69%, dated 1/29/26, due
7/27/26; proceeds $203,670; fully
collateralized by various U.S. Government
agency securities, 2.92% - 6.00% due
7/1/29 - 4/1/56, U.S. Government
obligations, 0.50% - 4.75% due
1/15/27 - 11/15/44; valued at $204,510)
|
|
200,000
|
200,000
|
|
Natixis SA, (3.69% (a), dated 4/24/26, due
5/7/26; proceeds $1,001,333; fully
collateralized by various U.S. Government
agency securities, 3.00% - 4.59% due
10/22/29 - 2/1/34, U.S. Government
obligations, 0.00% - 4.75% due
6/18/26 - 2/15/54; valued at $1,020,048)
|
|
1,000,000
|
1,000,000
|
|
Natixis SA, (3.76%, dated 12/3/25, due
6/1/26; proceeds $203,760; fully
collateralized by various U.S. Government
agency securities, 3.00% - 4.95% due
8/1/32 - 9/1/52, U.S. Government
obligations, 0.00% - 4.88% due
7/31/26 - 2/15/56; valued at $204,093)
|
|
200,000
|
200,000
|
|
Natixis SA, (3.73%, dated 3/18/26, due
9/18/26; proceeds $203,813; fully
collateralized by various U.S. Government
agency securities, 3.00% - 5.50% due
8/1/32 - 4/1/56, U.S. Government
obligation, 0.00% - 4.75% due
6/18/26 - 11/15/53; valued at $204,207)
|
|
200,000
|
200,000
|
|
Natixis SA, (3.73%, dated 4/22/26, due
10/22/26; proceeds $101,896; fully
collateralized by various U.S. Government
agency securities, 3.00% - 6.00% due
7/1/29 - 4/1/56, U.S. Government
obligations, 0.00% - 4.25% due
4/30/27 - 2/15/46; valued at $102,154)
|
|
100,000
|
100,000
|
|
Natixis SA, (3.70% (a), dated 3/18/26, due
5/7/26; proceeds $1,005,139; fully
collateralized by various U.S. Government
agency securities, 3.73% - 5.00% due
10/24/29 - 5/1/56, U.S. Government
obligations, 0.38% - 4.88% due
7/31/26 - 8/15/55; valued at $1,020,089)
|
|
1,000,000
|
1,000,000
|
|
|
|
Face
Amount
(000)
|
Value
(000)
|
|
Repurchase Agreements (cont'd)
|
|||
|
Natixis SA, (3.74%, dated 12/4/25, due
6/2/26; proceeds $203,740; fully
collateralized by various U.S. Government
agency securities, 3.73% - 5.50% due
9/1/33 - 9/1/55, U.S. Government
obligations, 0.13% - 5.50% due
10/15/26 - 2/15/56; valued at $204,363)
|
$
|
200,000
|
$200,000
|
|
Natixis SA, (Interest in $1,900,000 joint
repurchase agreement, 3.64%, dated
4/30/26 under which Natixis SA, will
repurchase the securities provided as
collateral for $1,900,192 on 5/1/26. The
securities provided as collateral at the end of
the period held with BNY Mellon, tri-party
agent, were various U.S. Government
obligations with various maturities to
8/15/55; valued at $1,938,000)
|
|
178,000
|
178,000
|
|
NatWest Markets Securities, Inc., (3.65%,
dated 4/30/26, due 5/1/26; proceeds
$2,800,284; fully collateralized by various
U.S. Government agency securities, 0.76% -
6.50% due 7/8/26 - 6/1/62, a
U.S. Government obligation, 3.50% due
9/30/27; valued at $2,884,158)
|
|
2,800,000
|
2,800,000
|
|
NatWest Markets Securities, Inc., (3.64%,
dated 4/30/26, due 5/1/26; proceeds
$350,035; fully collateralized by various
U.S. Government obligations, 1.25% - 4.63%
due 6/15/27 - 2/15/34; valued at
$357,036)
|
|
350,000
|
350,000
|
|
Nomura Securities International, Inc., (3.65%,
dated 4/30/26, due 5/1/26; proceeds
$1,500,152; fully collateralized by various
U.S. Government agency securities, 0.00% -
6.75% due 6/12/26 - 10/1/55,
U.S. Government obligations, 0.00% - 1.75%
due 11/15/26 - 2/15/41; valued at
$1,531,549)
|
|
1,500,000
|
1,500,000
|
|
Northern Trust Co. - Fixed Income Clearing
Corp., (3.64%, dated 4/30/26, due 5/1/26;
proceeds $5,100,416; fully collateralized by
various U.S. Government obligations, 2.75% -
4.63% due 5/31/29 - 6/30/32; valued at
$5,201,898)
|
|
5,099,900
|
5,099,900
|
|
Northern Trust Co. - Fixed Income Clearing
Corp., (3.64%, dated 4/30/26, due 5/1/26;
proceeds $600,061; fully collateralized by
various U.S. Government obligations, 3.25% -
4.63% due 6/15/28 - 11/15/45; valued at
$612,000)
|
|
600,000
|
600,000
|
|
Northwestern Mutual Life Insurance Co.,
(3.65%, dated 4/30/26, due 5/1/26;
proceeds $1,000,101; fully collateralized by
various U.S. Government agency securities,
2.00% - 6.50% due 12/1/39 - 11/1/54;
valued at $1,030,000)
|
|
1,000,000
|
1,000,000
|
|
Prudential Legacy Insurance Co. of New Jersey,
(3.67%, dated 4/30/26, due 5/1/26;
proceeds $430,138; fully collateralized by
various U.S. Government obligations, 0.00% -
3.75% due 12/31/30 - 2/15/50; valued at
$438,696)
|
|
430,094
|
430,094
|
|
|
|
Face
Amount
(000)
|
Value
(000)
|
|
|
|||
|
Royal Bank of Canada, (3.80% (a), dated
11/3/25, due 5/1/26; proceeds
$1,018,894; fully collateralized by various
U.S. Government agency securities, 1.50% -
7.50% due 10/1/27 - 6/1/63,
U.S. Government obligations, 2.50% - 4.50%
due 5/15/34 - 11/15/54; valued at
$1,028,944)
|
$
|
1,000,000
|
$1,000,000
|
|
Royal Bank of Canada, (3.53% (a), dated
1/20/26, due 5/7/26; proceeds
$2,020,984; fully collateralized by various
U.S. Government agency securities, 1.50% -
7.50% due 9/1/31 - 4/20/65,
U.S. Government obligations, 0.00% - 6.75%
due 5/14/26 - 5/15/55; valued at
$2,053,232)
|
|
2,000,000
|
2,000,000
|
|
Royal Bank of Canada, (3.59% (a), dated
12/10/25, due 5/7/26; proceeds
$507,379; fully collateralized by various
U.S. Government agency securities, 1.57% -
6.50% due 11/1/34 - 2/1/57,
U.S. Government obligations, 3.75% - 3.88%
due 6/30/27 - 11/30/29; valued at
$513,364)
|
|
500,000
|
500,000
|
|
Royal Bank of Canada, (3.69% (a), dated
3/31/26, due 5/7/26; proceeds
$1,003,793; fully collateralized by various
U.S. Government agency securities, 2.00% -
7.00% due 3/1/34 - 5/1/56,
U.S. Government obligations, 1.38% - 4.38%
due 5/15/34 - 5/15/52; valued at
$1,028,649)
|
|
1,000,000
|
1,000,000
|
|
Royal Bank of Canada, (3.60% (a), dated
2/2/26, due 5/7/26; proceeds $504,700;
fully collateralized by various
U.S. Government agency securities, 2.00% -
7.00% due 5/1/42 - 2/1/56,
U.S. Government obligations, 1.25% - 4.38%
due 5/15/42 - 5/15/51; valued at
$514,547)
|
|
500,000
|
500,000
|
|
Royal Bank of Canada, (3.77% (a), dated
11/10/25, due 5/7/26; proceeds
$713,048; fully collateralized by various
U.S. Government agency securities, 2.00% -
7.50% due 8/1/42 - 3/1/56,
U.S. Government obligations, 0.00% - 4.88%
due 5/21/26 - 8/15/54; valued at
$718,077)
|
|
700,000
|
700,000
|
|
Royal Bank of Canada, (3.70% (a), dated
10/20/25, due 5/1/26; proceeds
$509,918; fully collateralized by various
U.S. Government agency securities, 2.00% -
8.00% due 3/20/37 - 2/1/57,
U.S. Government obligations, 0.00% - 4.63%
due 7/31/26 - 2/15/53; valued at
$511,164)
|
|
500,000
|
500,000
|
|
Royal Bank of Canada, (3.54% (a), dated
12/18/25, due 5/7/26; proceeds
$506,883; fully collateralized by various
U.S. Government agency securities, 2.00% -
8.00% due 7/1/27 - 6/1/63,
U.S. Government obligations, 3.38% - 3.88%
due 6/30/27 - 8/15/42; valued at
$512,781)
|
|
500,000
|
500,000
|
|
|
|
Face
Amount
(000)
|
Value
(000)
|
|
Repurchase Agreements (cont'd)
|
|||
|
Royal Bank of Canada, (3.50% (a), dated
1/12/26, due 5/7/26; proceeds $505,590;
fully collateralized by various
U.S. Government agency securities, 2.50% -
6.00% due 4/1/46 - 2/1/56,
U.S. Government obligations, 0.00% - 5.00%
due 6/25/26 - 2/15/56; valued at
$512,439)
|
$
|
500,000
|
$500,000
|
|
Royal Bank of Canada, (3.65% (a), dated
4/16/26, due 5/7/26; proceeds
$1,002,129; fully collateralized by various
U.S. Government agency securities, 2.50% -
6.00% due 9/20/51 - 5/1/56,
U.S. Government obligations, 0.00% - 5.00%
due 6/30/26 - 5/15/55; valued at
$1,022,288)
|
|
1,000,000
|
1,000,000
|
|
Royal Bank of Canada, (3.66% (a), dated
4/1/26, due 5/7/26; proceeds $1,003,660;
fully collateralized by various
U.S. Government agency securities, 2.61% -
6.50% due 11/1/32 - 12/1/55,
U.S. Government obligations, 3.75% - 4.63%
due 6/30/27 - 4/30/29; valued at
$1,027,561)
|
|
1,000,000
|
1,000,000
|
|
Royal Bank of Canada, (3.77% (a), dated
11/14/25, due 5/7/26; proceeds
$407,289; fully collateralized by various
U.S. Government obligations, 1.25% - 4.13%
due 9/30/27 - 8/15/51; valued at
$408,000)
|
|
400,000
|
400,000
|
|
Santander U.S. Capital Markets LLC, (3.70%,
dated 4/30/26, due 5/1/26; proceeds
$800,082; fully collateralized by various
U.S. Government agency securities, 0.00% -
6.50% due 4/1/27 - 10/20/68; valued at
$838,192)
|
|
800,000
|
800,000
|
|
State Street Bank - Fixed Income Clearing
Corp., (3.64%, dated 4/30/26, due 5/1/26;
proceeds $1,000,101; fully collateralized by
various U.S. Government obligations, 2.00% -
4.75% due 11/15/43 - 8/15/51; valued at
$1,020,000)
|
|
1,000,000
|
1,000,000
|
|
Sumitomo Mitsui Banking Corp., (3.65%, dated
4/30/26, due 5/1/26; proceeds
$1,000,101; fully collateralized by various
U.S. Government agency securities, 2.50% -
6.00% due 5/20/51 - 12/20/55,
U.S. Government obligations, 1.63% - 4.25%
due 9/30/29 - 8/15/35; valued at
$1,030,064)
|
|
1,000,000
|
1,000,000
|
|
Sumitomo Mitsui Banking Corp., (3.64%, dated
4/30/26, due 5/1/26; proceeds
$1,750,177; fully collateralized by various
U.S. Government obligations, 1.25% - 5.25%
due 7/15/26 - 2/15/56; valued at
$1,785,181)
|
|
1,750,000
|
1,750,000
|
|
Teacher Retirement System of Texas, (3.75%,
dated 5/1/26, due 5/4/26; proceeds
$890,531; valued at $0) (b)
|
|
890,253
|
890,253
|
|
|
|
Face
Amount
(000)
|
Value
(000)
|
|
|
|||
|
Teacher Retirement System of Texas, (3.72%,
dated 4/30/26, due 5/1/26; proceeds
$890,389; fully collateralized by various
U.S. Government obligations, 1.38% - 4.75%
due 11/15/40 - 11/15/53; valued at
$908,103)
|
$
|
890,297
|
$890,297
|
|
Wells Fargo Bank NA, (3.65%, dated 4/30/26,
due 5/1/26; proceeds $500,051; fully
collateralized by various U.S. Government
agency securities, 2.50% - 6.00% due
5/20/50 - 1/20/66, U.S. Government
obligations, 1.25% - 2.13% due
4/15/28 - 7/15/34; valued at $510,524)
|
|
500,000
|
500,000
|
|
Wells Fargo Clearing Services LLC - Fixed
Income Clearing Corp., (3.64%, dated
1/5/26, due 7/1/26; proceeds $407,159;
fully collateralized by various
U.S. Government obligations, 1.13% - 1.88%
due 2/29/28 - 2/15/32; valued at
$408,000)
|
|
400,000
|
400,000
|
|
Wells Fargo Clearing Services LLC - Fixed
Income Clearing Corp., (3.68%, dated
4/29/26, due 5/21/26; proceeds
$250,562; fully collateralized by various
U.S. Government obligations, 2.75% - 4.13%
due 3/31/31 - 8/15/32; valued at
$255,000)
|
|
250,000
|
250,000
|
|
Wells Fargo Clearing Services LLC - Fixed
Income Clearing Corp., (3.67%, dated
1/9/26, due 7/1/26; proceeds $254,409;
fully collateralized by various
U.S. Government obligations, 3.50% - 4.13%
due 12/15/28 - 7/31/32; valued at
$255,000)
|
|
250,000
|
250,000
|
|
Wells Fargo Clearing Services LLC - Fixed
Income Clearing Corp., (3.64%, dated
4/30/26, due 5/1/26; proceeds $700,071;
fully collateralized by various
U.S. Government obligations, 3.75% - 4.00%
due 12/31/28 - 11/15/35; valued at
$714,000)
|
|
700,000
|
700,000
|
|
Wells Fargo Securities LLC, (Interest in
$3,400,000 joint repurchase agreement,
3.65%, dated 4/30/26 under which Wells
Fargo Securities LLC, will repurchase the
securities provided as collateral for
$3,400,345 on 5/1/26. The securities
provided as collateral at the end of the
period held with BNY Mellon, tri-party agent,
were various U.S. Government agency
securities with various maturities to 1/1/59;
valued at $3,502,000)
|
|
2,359,000
|
2,359,000
|
|
Total Repurchase Agreements (Cost $116,873,544)
|
116,873,544
|
||
|
U.S. Agency Securities (19.9%)
|
|
|
|
|
Federal Farm Credit Bank,
|
|
|
|
|
Federal Reserve Bank Prime Loan Rate -
3.02%, 3.73%, 6/22/26 (c)
|
|
142,550
|
142,548
|
|
SOFR + 0.09%, 3.75%,
4/6/28 - 4/10/28 (c)
|
|
362,000
|
362,000
|
|
Federal Reserve Bank Prime Loan Rate -
2.99%, 3.76%, 10/2/26 (c)
|
|
48,000
|
48,000
|
|
SOFR + 0.10%, 3.76%, 2/25/28 (c)
|
|
176,000
|
176,000
|
|
|
|
Face
Amount
(000)
|
Value
(000)
|
|
U.S. Agency Securities (cont'd)
|
|
|
|
|
Fed Funds Rate + 0.12%, 3.76%,
2/28/28 (c)
|
$
|
97,000
|
$97,000
|
|
Federal Reserve Bank Prime Loan Rate -
3.00%, 3.76%, 3/27/28 (c)
|
|
283,000
|
282,944
|
|
SOFR + 0.11%, 3.77%, 11/19/27 (c)
|
|
159,000
|
159,000
|
|
Fed Funds Rate + 0.13%, 3.77%, 1/7/28 (c)
|
|
115,000
|
115,000
|
|
Federal Reserve Bank Prime Loan Rate -
2.98%, 3.77%, 4/10/28 (c)
|
|
244,000
|
244,000
|
|
SOFR + 0.12%, 3.78%,
7/30/27 - 11/12/27 (c)
|
|
652,000
|
652,000
|
|
SOFR + 0.13%, 3.79%,
9/2/27 - 11/10/27 (c)
|
|
1,217,000
|
1,217,000
|
|
Fed Funds Rate + 0.15%, 3.79%, 9/8/27 (c)
|
|
98,000
|
98,000
|
|
Federal Reserve Bank Prime Loan Rate -
2.96%, 3.79%, 12/15/27 - 12/22/27 (c)
|
|
194,000
|
194,000
|
|
Federal Reserve Bank Prime Loan Rate -
2.97%, 3.79%, 1/7/28 (c)
|
|
250,000
|
250,000
|
|
SOFR + 0.14%, 3.80%,
9/9/26 - 11/4/26 (c)
|
|
710,000
|
710,000
|
|
SOFR + 0.15%, 3.81%,
11/27/26 - 10/14/27 (c)
|
|
1,226,000
|
1,226,000
|
|
Fed Funds Rate + 0.18%, 3.82%,
9/23/27 (c)
|
|
96,000
|
96,000
|
|
Federal Home Loan Bank,
|
|
|
|
|
3.50%, 12/31/26 (d)
|
|
198,000
|
193,464
|
|
3.56%, 6/24/26 - 9/21/26 (d)
|
|
1,250,000
|
1,240,129
|
|
3.57%, 6/26/26 - 9/14/26 (d)
|
|
922,000
|
912,824
|
|
3.58%, 6/17/26 (d)
|
|
130,000
|
129,404
|
|
3.59%, 7/30/26 - 8/21/26 (d)
|
|
3,210,000
|
3,177,122
|
|
3.62%, 8/6/26 - 8/24/26 (d)
|
|
1,466,000
|
1,451,125
|
|
3.63%, 7/23/26 - 10/8/26 (d)
|
|
494,000
|
488,077
|
|
3.65%, 7/21/26 - 7/22/26 (d)
|
|
486,000
|
482,018
|
|
SOFR + 0.02%, 3.65%, 9/8/26 (c)
|
|
146,000
|
146,000
|
|
SOFR + 0.00%, 3.66%,
5/18/26 - 7/6/26 (c)
|
|
3,440,000
|
3,439,999
|
|
3.66%, 6/10/26 (d)
|
|
423,000
|
421,309
|
|
SOFR + 0.01%, 3.67%,
5/4/26 - 9/9/26 (b)(c)
|
|
8,247,000
|
8,246,983
|
|
3.67%, 6/18/26 - 12/24/26 (d)
|
|
663,000
|
654,158
|
|
SOFR + 0.02%, 3.68%,
6/18/26 - 11/9/26 (b)(c)
|
|
4,877,000
|
4,877,000
|
|
3.68%, 10/2/26 (d)
|
|
493,000
|
485,380
|
|
3.69%, 9/10/26 - 9/25/26 (d)
|
|
1,563,000
|
1,540,457
|
|
SOFR + 0.03%, 3.69%,
10/20/26 - 11/30/26 (c)
|
|
2,450,000
|
2,450,000
|
|
SOFR + 0.04%, 3.70%, 12/29/26 (c)
|
|
489,000
|
489,000
|
|
3.70%, 1/15/27 (b)(d)
|
|
489,000
|
476,335
|
|
SOFR + 0.09%, 3.75%, 4/17/28 (c)
|
|
146,000
|
146,000
|
|
SOFR + 0.11%, 3.77%, 7/15/27 (c)
|
|
198,000
|
197,975
|
|
SOFR + 0.15%, 3.81%, 11/19/27 (c)
|
|
241,000
|
241,000
|
|
SOFR + 0.17%, 3.83%, 9/24/27 (c)
|
|
240,000
|
240,000
|
|
SOFR + 0.18%, 3.84%, 9/21/27 (c)
|
|
390,000
|
390,000
|
|
3.93%, 8/19/26 (d)
|
|
47,000
|
46,457
|
|
|
|
Face
Amount
(000)
|
Value
(000)
|
|
|
|
|
|
|
Federal Home Loan Mortgage Corp.,
|
|
|
|
|
SOFR + 0.13%, 3.79%, 8/25/27 (c)
|
$
|
561,000
|
$561,000
|
|
SOFR + 0.14%, 3.80%,
9/22/27 - 10/6/27 (c)
|
|
993,000
|
993,000
|
|
Federal National Mortgage Association,
|
|
|
|
|
SOFR + 0.09%, 3.75%, 2/2/28 - 4/6/28 (c)
|
|
2,113,000
|
2,113,000
|
|
SOFR + 0.14%, 3.80%,
10/23/26 - 12/11/26 (c)
|
|
1,742,000
|
1,742,000
|
|
Total U.S. Agency Securities (Cost $44,040,708)
|
44,040,708
|
||
|
U.S. Treasury Securities (23.0%)
|
|
|
|
|
U.S. Treasury Bill,
|
|
|
|
|
3.48%, 2/18/27 (e)
|
|
580,000
|
564,205
|
|
3.69%, 6/30/26 - 9/17/26 (b)(e)
|
|
691,000
|
684,672
|
|
3.71%, 10/22/26 - 4/15/27 (e)
|
|
2,036,000
|
1,994,279
|
|
3.72%, 9/1/26 (b)(e)
|
|
789,000
|
779,559
|
|
3.73%, 10/8/26 - 10/15/26 (e)
|
|
1,291,000
|
1,269,777
|
|
3.75%, 9/24/26 (e)
|
|
786,000
|
774,429
|
|
3.76%, 6/4/26 (e)
|
|
1,540,000
|
1,534,708
|
|
3.79%, 5/28/26 (e)
|
|
1,153,000
|
1,149,826
|
|
3.81%, 5/7/26 (e)
|
|
1,412,000
|
1,411,133
|
|
3.83%, 5/21/26 (e)
|
|
1,156,000
|
1,153,619
|
|
3.84%, 5/14/26 - 7/9/26 (e)
|
|
4,763,000
|
4,748,998
|
|
3.93%, 8/6/26 (e)
|
|
594,000
|
587,976
|
|
4.12%, 6/11/26 (e)
|
|
482,011
|
479,844
|
|
U.S. Treasury Floating Rate Notes,
|
|
|
|
|
3 Month Treasury Money Market Yield +
0.10%, 3.72%, 1/31/28 (c)
|
|
4,208,910
|
4,208,644
|
|
3 Month Treasury Money Market Yield +
0.16%, 3.78%, 4/30/27 (b)(c)
|
|
1,695,000
|
1,695,256
|
|
3 Month Treasury Money Market Yield +
0.19%, 3.81%, 10/31/27 (c)
|
|
3,667,000
|
3,668,003
|
|
U.S. Treasury Notes,
|
|
|
|
|
0.50%, 5/31/27
|
|
354,000
|
341,744
|
|
0.63%, 7/31/26
|
|
296,000
|
293,528
|
|
1.13%, 10/31/26
|
|
298,000
|
294,242
|
|
1.25%, 12/31/26
|
|
1,043,000
|
1,026,986
|
|
1.50%, 8/15/26 - 1/31/27
|
|
1,390,000
|
1,372,907
|
|
1.63%, 5/15/26
|
|
286,000
|
285,746
|
|
1.88%, 6/30/26
|
|
88,000
|
87,731
|
|
2.25%, 2/15/27
|
|
479,000
|
474,150
|
|
2.75%, 4/30/27
|
|
837,000
|
828,886
|
|
3.50%, 9/30/26
|
|
451,000
|
450,619
|
|
3.75%, 8/31/26 - 4/30/27
|
|
1,013,000
|
1,012,757
|
|
3 Month Treasury Money Market Yield +
0.10%, 3.75%, 4/30/28 (c)
|
|
1,100,000
|
1,099,953
|
|
3 Month Treasury Money Market Yield +
0.16%, 3.80%, 7/31/27 (c)
|
|
2,298,435
|
2,297,553
|
|
3 Month Treasury Money Market Yield +
0.18%, 3.83%, 7/31/26 (c)
|
|
1,193,850
|
1,193,625
|
|
3 Month Treasury Money Market Yield +
0.21%, 3.85%, 10/31/26 (c)
|
|
133,000
|
133,023
|
|
3.88%, 3/31/27 - 5/31/27 (b)
|
|
3,387,000
|
3,395,304
|
|
4.00%, 1/15/27
|
|
580,000
|
581,835
|
|
4.13%, 6/15/26 - 2/28/27
|
|
752,000
|
754,160
|
|
4.25%, 11/30/26 - 3/15/27
|
|
2,962,000
|
2,977,427
|
|
|
|
Face
Amount
(000)
|
Value
(000)
|
|
U.S. Treasury Securities (cont'd)
|
|
|
|
|
4.38%, 12/15/26
|
$
|
938,000
|
$942,209
|
|
4.50%, 7/15/26 - 5/15/27
|
|
2,684,000
|
2,701,030
|
|
4.63%, 6/30/26 - 11/15/26
|
|
1,325,000
|
1,329,700
|
|
4.88%, 5/31/26
|
|
301,000
|
301,204
|
|
Total U.S. Treasury Securities (Cost $50,881,247)
|
50,881,247
|
||
|
Total Investments (95.6%) (Cost $211,795,499) (f)(g)
|
211,795,499
|
||
|
Other Assets in Excess of Liabilities (4.4%)
|
9,743,948
|
||
|
Net Assets (100.0%)
|
$221,539,447
|
||
|
(a)
|
Rate as of period end and maturity is the date the principal owed
can be recovered through demand.
|
|
(b)
|
All or a portion of the security is subject to delayed delivery.
|
|
(c)
|
Floating or variable rate securities: The rates disclosed are as of
April 30, 2026. For securities based on a published reference rate
and spread, the reference rate and spread are indicated in the
description in the Portfolio of Investments. Certain variable rate
securities may not be based on a published reference rate and
spread but are determined by the issuer or agent and are based
on current market conditions. These securities do not indicate a
reference rate and spread in their description in the Portfolio of
Investments.
|
|
(d)
|
Purchased on a discount basis. The interest rates shown have
been adjusted to reflect a money market equivalent yield.
|
|
(e)
|
Rate shown is the yield to maturity at April 30, 2026.
|
|
(f)
|
Securities are available for collateral in connection with securities
purchased on a forward commitment basis.
|
|
(g)
|
The aggregate cost for federal income tax purposes
approximates the aggregate cost for book purposes.
|
|
SOFR
|
Secured Overnight Financing Rate.
|
|
Portfolio Composition
|
|
|
Classification
|
Percentage of
Total Investments
|
|
Repurchase Agreements
|
55.2
%
|
|
U.S. Treasury Securities
|
24.0
|
|
U.S. Agency Securities
|
20.8
|
|
Total Investments
|
100.0
%
|
|
|
|
Face
Amount
(000)
|
Value
(000)
|
|
U.S. Agency Securities (24.6%)
|
|
|
|
|
Federal Farm Credit Bank,
|
|
|
|
|
Federal Reserve Bank Prime Loan Rate -
3.02%, 3.73%, 6/22/26 (a)
|
$
|
4,000
|
$4,000
|
|
SOFR + 0.09%, 3.75%,
4/6/28 - 4/10/28 (a)
|
|
16,000
|
16,000
|
|
Federal Reserve Bank Prime Loan Rate -
2.99%, 3.76%, 10/2/26 (a)
|
|
2,000
|
2,000
|
|
SOFR + 0.10%, 3.76%, 2/25/28 (a)
|
|
3,000
|
3,000
|
|
Fed Funds Rate + 0.12%, 3.76%,
2/28/28 (a)
|
|
2,000
|
2,000
|
|
Federal Reserve Bank Prime Loan Rate -
3.00%, 3.76%, 3/27/28 (a)
|
|
5,000
|
4,999
|
|
Federal Reserve Bank Prime Loan Rate -
2.98%, 3.77%, 10/14/27 - 4/10/28 (a)
|
|
22,400
|
22,401
|
|
SOFR + 0.11%, 3.77%, 11/19/27 (a)
|
|
5,000
|
5,000
|
|
SOFR + 0.12%, 3.78%,
7/30/27 - 11/12/27 (a)
|
|
19,000
|
19,000
|
|
Fed Funds Rate + 0.15%, 3.79%, 9/8/27 (a)
|
|
2,000
|
2,000
|
|
SOFR + 0.13%, 3.79%,
9/22/27 - 11/10/27 (a)
|
|
15,000
|
15,000
|
|
Federal Reserve Bank Prime Loan Rate -
2.96%, 3.79%, 12/15/27 - 12/22/27 (a)
|
|
4,000
|
4,000
|
|
SOFR + 0.14%, 3.80%,
9/9/26 - 11/4/26 (a)
|
|
19,000
|
19,000
|
|
SOFR + 0.15%, 3.81%,
12/4/26 - 10/1/27 (a)
|
|
14,000
|
14,000
|
|
Fed Funds Rate + 0.18%, 3.82%,
9/23/27 (a)
|
|
3,000
|
3,000
|
|
Federal Home Loan Bank,
|
|
|
|
|
3.50%, 12/31/26 (b)
|
|
1,000
|
977
|
|
3.56%, 6/24/26 - 9/21/26 (b)
|
|
20,000
|
19,817
|
|
3.57%, 6/26/26 - 9/14/26 (b)
|
|
19,000
|
18,812
|
|
3.58%, 6/17/26 (b)
|
|
5,000
|
4,977
|
|
3.59%, 7/30/26 - 8/21/26 (b)
|
|
56,000
|
55,428
|
|
3.62%, 5/20/26 - 8/24/26 (b)
|
|
149,000
|
148,610
|
|
3.63%, 8/6/26 - 10/8/26 (b)
|
|
17,000
|
16,812
|
|
3.64%, 6/23/26 (b)
|
|
100,000
|
99,468
|
|
3.65%, 7/21/26 - 7/22/26 (b)
|
|
11,000
|
10,909
|
|
SOFR + 0.02%, 3.65%, 9/8/26 (a)
|
|
3,000
|
3,000
|
|
SOFR + 0.00%, 3.66%,
5/18/26 - 7/6/26 (a)
|
|
68,000
|
68,000
|
|
3.66%, 6/10/26 (b)
|
|
11,000
|
10,956
|
|
SOFR + 0.01%, 3.67%,
5/4/26 - 9/9/26 (a)(c)
|
|
406,000
|
405,996
|
|
3.67%, 6/18/26 - 12/24/26 (b)
|
|
12,000
|
11,834
|
|
SOFR + 0.02%, 3.68%,
6/18/26 - 11/9/26 (a)(c)
|
|
95,000
|
95,000
|
|
3.68%, 10/2/26 (b)
|
|
9,000
|
8,861
|
|
3.69%, 9/10/26 - 9/25/26 (b)
|
|
28,000
|
27,597
|
|
SOFR + 0.03%, 3.69%,
10/20/26 - 11/30/26 (a)
|
|
35,000
|
35,000
|
|
SOFR + 0.04%, 3.70%,
6/15/26 - 12/29/26 (a)
|
|
40,670
|
40,671
|
|
3.70%, 1/15/27 (b)(c)
|
|
8,000
|
7,793
|
|
SOFR + 0.09%, 3.75%, 4/17/28 (a)
|
|
3,000
|
3,000
|
|
|
|
Face
Amount
(000)
|
Value
(000)
|
|
|
|
|
|
|
SOFR + 0.11%, 3.77%, 7/15/27 (a)
|
$
|
1,000
|
$1,000
|
|
SOFR + 0.15%, 3.81%, 11/19/27 (a)
|
|
7,000
|
7,000
|
|
SOFR + 0.17%, 3.83%, 9/24/27 (a)
|
|
8,000
|
8,000
|
|
SOFR + 0.18%, 3.84%, 9/21/27 (a)
|
|
8,000
|
8,000
|
|
3.93%, 8/19/26 (b)
|
|
2,000
|
1,977
|
|
Total U.S. Agency Securities (Cost $1,254,895)
|
1,254,895
|
||
|
U.S. Treasury Securities (72.5%)
|
|
|
|
|
U.S. Treasury Bill,
|
|
|
|
|
3.48%, 2/18/27 (d)
|
|
10,000
|
9,728
|
|
3.62%, 5/7/26 (d)
|
|
580,000
|
579,656
|
|
3.63%, 5/12/26 (d)
|
|
540,000
|
539,411
|
|
3.64%, 5/19/26 (d)
|
|
139,000
|
138,752
|
|
3.65%, 5/5/26 - 5/26/26 (d)
|
|
899,000
|
897,948
|
|
3.66%, 6/2/26 (d)
|
|
106,000
|
105,661
|
|
3.67%, 6/4/26 (d)
|
|
365,000
|
363,760
|
|
3.69%, 6/25/26 - 9/17/26 (c)(d)
|
|
274,000
|
272,444
|
|
3.71%, 10/22/26 - 4/15/27 (d)
|
|
42,000
|
41,137
|
|
3.72%, 9/1/26 (c)(d)
|
|
15,000
|
14,820
|
|
3.73%, 10/8/26 - 10/15/26 (d)
|
|
33,000
|
32,455
|
|
3.75%, 9/24/26 (d)
|
|
14,000
|
13,794
|
|
3.79%, 5/28/26 (d)
|
|
12,000
|
11,967
|
|
3.83%, 5/21/26 (d)
|
|
15,000
|
14,969
|
|
3.85%, 7/9/26 (d)
|
|
28,000
|
27,799
|
|
3.93%, 8/6/26 (d)
|
|
8,000
|
7,919
|
|
4.13%, 6/11/26 (d)
|
|
8,000
|
7,964
|
|
U.S. Treasury Floating Rate Notes,
|
|
|
|
|
3 Month Treasury Money Market Yield +
0.10%, 3.72%, 1/31/28 (a)
|
|
56,000
|
55,997
|
|
3 Month Treasury Money Market Yield +
0.16%, 3.78%, 4/30/27 (a)(c)
|
|
46,000
|
46,010
|
|
3 Month Treasury Money Market Yield +
0.19%, 3.81%, 10/31/27 (a)
|
|
48,000
|
48,003
|
|
U.S. Treasury Notes,
|
|
|
|
|
0.50%, 5/31/27
|
|
7,000
|
6,758
|
|
0.63%, 7/31/26
|
|
10,000
|
9,916
|
|
1.13%, 10/31/26
|
|
10,000
|
9,874
|
|
1.25%, 12/31/26
|
|
18,000
|
17,723
|
|
1.50%, 8/15/26 - 1/31/27
|
|
21,000
|
20,797
|
|
1.63%, 5/15/26
|
|
9,000
|
8,992
|
|
1.88%, 6/30/26
|
|
3,000
|
2,991
|
|
2.25%, 2/15/27
|
|
1,000
|
990
|
|
2.75%, 4/30/27
|
|
13,000
|
12,873
|
|
3.50%, 9/30/26
|
|
5,000
|
4,996
|
|
3.75%, 8/31/26 - 4/30/27
|
|
21,000
|
20,989
|
|
3 Month Treasury Money Market Yield +
0.10%, 3.75%, 4/30/28 (a)
|
|
30,000
|
29,999
|
|
3 Month Treasury Money Market Yield +
0.16%, 3.80%, 7/31/27 (a)
|
|
36,500
|
36,492
|
|
3 Month Treasury Money Market Yield +
0.18%, 3.83%, 7/31/26 (a)
|
|
33,000
|
32,993
|
|
3 Month Treasury Money Market Yield +
0.21%, 3.85%, 10/31/26 (a)
|
|
14,000
|
14,000
|
|
3.88%, 3/31/27 - 5/31/27 (c)
|
|
64,000
|
64,154
|
|
4.00%, 1/15/27
|
|
10,000
|
10,031
|
|
|
|
Face
Amount
(000)
|
Value
(000)
|
|
U.S. Treasury Securities (cont'd)
|
|
|
|
|
4.13%, 6/15/26 - 2/28/27
|
$
|
13,000
|
$13,040
|
|
4.25%, 11/30/26 - 3/15/27
|
|
51,000
|
51,261
|
|
4.38%, 12/15/26
|
|
16,000
|
16,069
|
|
4.50%, 7/15/26 - 5/15/27
|
|
38,000
|
38,229
|
|
4.63%, 6/30/26 - 11/15/26
|
|
44,800
|
44,955
|
|
4.88%, 5/31/26
|
|
9,000
|
9,006
|
|
Total U.S. Treasury Securities (Cost $3,707,322)
|
3,707,322
|
||
|
Total Investments (97.1%) (Cost $4,962,217) (e)(f)
|
4,962,217
|
||
|
Other Assets in Excess of Liabilities (2.9%)
|
149,169
|
||
|
Net Assets (100.0%)
|
$5,111,386
|
||
|
(a)
|
Floating or variable rate securities: The rates disclosed are as of
April 30, 2026. For securities based on a published reference rate
and spread, the reference rate and spread are indicated in the
description in the Portfolio of Investments. Certain variable rate
securities may not be based on a published reference rate and
spread but are determined by the issuer or agent and are based
on current market conditions. These securities do not indicate a
reference rate and spread in their description in the Portfolio of
Investments.
|
|
(b)
|
Purchased on a discount basis. The interest rates shown have
been adjusted to reflect a money market equivalent yield.
|
|
(c)
|
All or a portion of the security is subject to delayed delivery.
|
|
(d)
|
Rate shown is the yield to maturity at April 30, 2026.
|
|
(e)
|
Securities are available for collateral in connection with securities
purchased on a forward commitment basis.
|
|
(f)
|
The aggregate cost for federal income tax purposes
approximates the aggregate cost for book purposes.
|
|
SOFR
|
Secured Overnight Financing Rate.
|
|
Portfolio Composition
|
|
|
Classification
|
Percentage of
Total Investments
|
|
U.S. Treasury Securities
|
74.7
%
|
|
U.S. Agency Securities
|
25.3
|
|
Total Investments
|
100.0
%
|
|
|
|
Face
Amount
(000)
|
Value
(000)
|
|
Repurchase Agreements (63.5%)
|
|||
|
Bank of America Securities, Inc., (3.64%, dated
4/30/26, due 5/1/26; proceeds $99,910;
fully collateralized by various
U.S. Government obligations, 0.00% - 1.88%
due 2/15/27 - 5/15/53; valued at
$101,898)
|
$
|
99,900
|
$99,900
|
|
Bank of America Securities, Inc., (3.69% (a),
dated 1/16/26, due 5/7/26; proceeds
$252,845; fully collateralized by various
U.S. Government obligations, 0.00% - 3.13%
due 4/15/31 - 5/15/50; valued at
$255,000)
|
|
250,000
|
250,000
|
|
Bank of America Securities, Inc., (3.70% (a),
dated 2/27/26, due 5/7/26; proceeds
$75,532; fully collateralized by various
U.S. Government obligations, 0.00% - 3.50%
due 11/15/26 - 5/15/53; valued at
$76,500)
|
|
75,000
|
75,000
|
|
Bank of America Securities, Inc., (3.67% (a),
dated 3/9/26, due 5/7/26; proceeds
$503,009; fully collateralized by various
U.S. Government obligations, 0.00% - 4.63%
due 11/15/26 - 5/15/54; valued at
$510,000)
|
|
500,000
|
500,000
|
|
Bank of America Securities, Inc., (3.72% (a),
dated 1/27/26, due 5/7/26; proceeds
$252,583; fully collateralized by various
U.S. Government obligations, 0.00% - 4.75%
due 5/15/27 - 2/15/41; valued at
$255,000)
|
|
250,000
|
250,000
|
|
Bank of America Securities, Inc., (4.07% (a),
dated 7/30/25, due 5/7/26; proceeds
$103,180; fully collateralized by various
U.S. Government obligations, 0.00% - 4.88%
due 8/25/26 - 10/31/30; valued at
$102,000)
|
|
100,000
|
100,000
|
|
Bank of America Securities, Inc., (3.88% (a),
dated 10/20/25, due 5/7/26; proceeds
$51,073; fully collateralized by various
U.S. Government obligations, 0.00% due
11/15/49 - 2/15/52; valued at $51,000)
|
|
50,000
|
50,000
|
|
Bank of America Securities, Inc., (3.61% (a),
dated 1/16/26, due 5/7/26; proceeds
$252,783; fully collateralized by various
U.S. Government obligations, 1.25% - 4.25%
due 2/15/29 - 2/15/54; valued at
$255,000)
|
|
250,000
|
250,000
|
|
Bank of New York - Fixed Income Clearing
Corp., (3.65%, dated 4/30/26, due 5/1/26;
proceeds $1,500,152; fully collateralized by
various U.S. Government obligations, 4.00% -
4.13% due 2/28/30 - 5/31/32; valued at
$1,530,000)
|
|
1,500,000
|
1,500,000
|
|
Bank of Nova Scotia, (3.64%, dated 4/30/26,
due 5/1/26; proceeds $291,029; fully
collateralized by various U.S. Government
obligations, 1.25% - 4.63% due
6/30/26 - 11/15/33; valued at $296,820)
|
|
291,000
|
291,000
|
|
|
|
Face
Amount
(000)
|
Value
(000)
|
|
|
|||
|
BNP Paribas SA, (Interest in $900,000 joint
repurchase agreement, 3.64%, dated
4/30/26 under which BNP Paribas SA, will
repurchase the securities provided as
collateral for $900,091 on 5/1/26. The
securities provided as collateral at the end of
the period held with BNY Mellon, tri-party
agent, were various U.S. Government
obligations with various maturities to
2/15/56; valued at $918,000)
|
$
|
400,000
|
$400,000
|
|
BNP Paribas SA, (3.67% (a), dated 3/18/26,
due 5/7/26; proceeds $150,764; fully
collateralized by various U.S. Government
obligations, 0.00% - 2.38% due
10/15/28 - 8/15/55; valued at $153,000)
|
|
150,000
|
150,000
|
|
BNP Paribas SA, (3.69% (a), dated 2/13/26,
due 5/7/26; proceeds $302,549; fully
collateralized by various U.S. Government
obligations, 0.00% - 4.25% due
2/28/29 - 2/15/55; valued at $306,000)
|
|
300,000
|
300,000
|
|
BNP Paribas SA, (3.69% (a), dated 2/10/26,
due 5/7/26; proceeds $252,201; fully
collateralized by various U.S. Government
obligations, 0.00% - 4.38% due
5/15/26 - 8/15/40; valued at $255,000)
|
|
250,000
|
250,000
|
|
BNP Paribas SA, (3.66% (a), dated 4/23/26,
due 5/7/26; proceeds $150,214; fully
collateralized by various U.S. Government
obligations, 0.00% - 4.50% due
9/3/26 - 8/15/51; valued at $153,000)
|
|
150,000
|
150,000
|
|
BNP Paribas SA, (4.13% (a), dated 6/26/25,
due 5/7/26; proceeds $207,226; fully
collateralized by various U.S. Government
obligations, 0.00% - 4.63% due
10/31/27 - 11/15/45; valued at $204,000)
|
|
200,000
|
200,000
|
|
BNP Paribas SA, (3.60% (a), dated 2/12/26,
due 5/7/26; proceeds $75,630; fully
collateralized by various U.S. Government
obligations, 0.00% - 4.63% due
3/31/30 - 2/15/35; valued at $76,500)
|
|
75,000
|
75,000
|
|
BNP Paribas SA, (3.52% (a), dated 1/26/26,
due 5/7/26; proceeds $504,938; fully
collateralized by various U.S. Government
obligations, 0.00% - 4.63% due
6/18/26 - 11/15/45; valued at $510,000)
|
|
500,000
|
500,000
|
|
BNP Paribas SA, (3.68% (a), dated 2/20/26,
due 5/7/26; proceeds $100,777; fully
collateralized by various U.S. Government
obligations, 0.00% - 4.63% due
7/2/26 - 11/15/48; valued at $102,000)
|
|
100,000
|
100,000
|
|
BNP Paribas SA, (3.60% (a), dated 2/19/26,
due 5/7/26; proceeds $151,155; fully
collateralized by various U.S. Government
obligations, 0.00% - 4.63% due
9/3/26 - 5/15/54; valued at $153,000)
|
|
150,000
|
150,000
|
|
BNP Paribas SA, (3.72% (a), dated 2/5/26, due
5/7/26; proceeds $151,409; fully
collateralized by various U.S. Government
obligations, 0.00% - 4.75% due
6/9/26 - 2/15/56; valued at $153,000)
|
|
150,000
|
150,000
|
|
|
|
Face
Amount
(000)
|
Value
(000)
|
|
Repurchase Agreements (cont'd)
|
|||
|
BNP Paribas SA, (4.19% (a), dated 5/13/25,
due 5/7/26; proceeds $52,090; fully
collateralized by various U.S. Government
obligations, 0.00% - 6.75% due
7/21/26 - 2/15/36; valued at $51,000)
|
$
|
50,000
|
$50,000
|
|
BNP Paribas SA, (3.68% (a), dated 2/27/26,
due 5/7/26; proceeds $75,529; fully
collateralized by various U.S. Government
obligations, 0.38% - 4.13% due
7/31/27 - 5/15/53; valued at $76,500)
|
|
75,000
|
75,000
|
|
Citigroup Global Markets, Inc., (3.80%, dated
11/12/25, due 5/13/26; proceeds
$101,921; fully collateralized by various
U.S. Government obligations, 0.00% - 3.75%
due 8/11/26 - 10/31/32; valued at
$102,000)
|
|
100,000
|
100,000
|
|
Citigroup Global Markets, Inc., (3.80%, dated
11/21/25, due 5/21/26; proceeds
$50,955; fully collateralized by various
U.S. Government obligations, 0.00% - 3.75%
due 8/11/26 - 10/31/32; valued at
$51,000)
|
|
50,000
|
50,000
|
|
Citigroup Global Markets, Inc., (3.66%, dated
4/10/26, due 5/7/26; proceeds $203,666;
fully collateralized by various
U.S. Government obligations, 0.00% - 3.75%
due 8/11/26 - 10/31/32; valued at
$204,000)
|
|
200,000
|
200,000
|
|
Citigroup Global Markets, Inc., (3.82%, dated
11/19/25, due 5/20/26; proceeds
$101,931; fully collateralized by various
U.S. Government obligations, 0.00% - 3.75%
due 8/6/26 - 10/31/32; valued at
$102,000)
|
|
100,000
|
100,000
|
|
Citigroup Global Markets, Inc., (3.75%, dated
11/28/25, due 5/28/26; proceeds
$101,885; fully collateralized by various
U.S. Government obligations, 0.00% - 3.75%
due 8/6/26 - 10/31/32; valued at
$102,000)
|
|
100,000
|
100,000
|
|
Citigroup Global Markets, Inc., (3.64%, dated
4/30/26, due 5/1/26; proceeds $399,990;
fully collateralized by various
U.S. Government obligations, 0.00% - 3.75%
due 9/24/26 - 4/30/28; valued at
$407,949)
|
|
399,950
|
399,950
|
|
Citigroup Global Markets, Inc., (3.72%, dated
12/9/25, due 6/8/26; proceeds $101,870;
fully collateralized by various
U.S. Government obligations, 0.00% - 4.13%
due 3/18/27 - 4/30/33; valued at
$102,000)
|
|
100,000
|
100,000
|
|
Citigroup Global Markets, Inc., (3.64%, dated
1/8/26, due 7/8/26; proceeds $101,830;
fully collateralized by various
U.S. Government obligations, 0.00% - 4.13%
due 3/18/27 - 4/30/33; valued at
$102,000)
|
|
100,000
|
100,000
|
|
|
|
Face
Amount
(000)
|
Value
(000)
|
|
|
|||
|
Citigroup Global Markets, Inc., (3.59%, dated
1/26/26, due 1/26/27; proceeds
$103,640; fully collateralized by various
U.S. Government obligations, 0.00% - 4.13%
due 3/18/27 - 4/30/33; valued at
$102,000)
|
$
|
100,000
|
$100,000
|
|
Citigroup Global Markets, Inc., (3.58%, dated
2/17/26, due 10/16/26; proceeds
$204,793; fully collateralized by various
U.S. Government obligations, 0.00% - 4.13%
due 3/18/27 - 4/30/33; valued at
$204,000)
|
|
200,000
|
200,000
|
|
Citigroup Global Markets, Inc., (3.69%, dated
3/16/26, due 3/16/27; proceeds $51,871;
fully collateralized by various
U.S. Government obligations, 0.00% - 4.13%
due 3/18/27 - 4/30/33; valued at $51,000)
|
|
50,000
|
50,000
|
|
Citigroup Global Markets, Inc., (3.89%, dated
3/27/26, due 3/25/27; proceeds
$103,922; fully collateralized by various
U.S. Government obligations, 0.00% - 4.13%
due 3/18/27 - 4/30/33; valued at
$102,000)
|
|
100,000
|
100,000
|
|
Citigroup Global Markets, Inc., (3.74%, dated
4/9/26, due 12/9/26; proceeds $102,535;
fully collateralized by various
U.S. Government obligations, 0.00% - 4.13%
due 3/18/27 - 4/30/33; valued at
$102,000)
|
|
100,000
|
100,000
|
|
Citigroup Global Markets, Inc., (3.78%, dated
4/28/26, due 4/28/27; proceeds
$103,833; fully collateralized by various
U.S. Government obligations, 0.00% - 4.13%
due 3/18/27 - 4/30/33; valued at
$102,000)
|
|
100,000
|
100,000
|
|
Citigroup Global Markets, Inc., (3.65% (a),
dated 4/17/26, due 5/7/26; proceeds
$501,014; fully collateralized by various
U.S. Government obligations, 0.00% due
8/11/26 - 10/8/26; valued at $510,000)
|
|
500,000
|
500,000
|
|
Citigroup Global Markets, Inc., (3.83%, dated
11/4/25, due 5/4/26; proceeds $101,926;
fully collateralized by various
U.S. Government obligations, 0.00% due
8/13/26 - 10/8/26; valued at $102,000)
|
|
100,000
|
100,000
|
|
Citigroup Global Markets, Inc., (3.82%, dated
11/5/25, due 5/5/26; proceeds $101,921;
fully collateralized by various
U.S. Government obligations, 0.00% due
8/13/26 - 10/8/26; valued at $102,000)
|
|
100,000
|
100,000
|
|
Citigroup Global Markets, Inc., (3.67%, dated
2/2/26, due 5/4/26; proceeds $100,928;
fully collateralized by various
U.S. Government obligations, 0.00% due
8/13/26 - 10/8/26; valued at $102,000)
|
|
100,000
|
100,000
|
|
Credit Agricole - Fixed Income Clearing Corp.,
(3.64%, dated 4/30/26, due 5/1/26;
proceeds $1,000,101; fully collateralized by
various U.S. Government obligations, 0.50% -
4.88% due 8/15/26 - 5/15/54; valued at
$1,020,103)
|
|
1,000,000
|
1,000,000
|
|
|
|
Face
Amount
(000)
|
Value
(000)
|
|
Repurchase Agreements (cont'd)
|
|||
|
Credit Agricole Corporate and Investment Bank,
(3.64%, dated 4/30/26, due 5/1/26;
proceeds $200,020; fully collateralized by
various U.S. Government obligations, 0.00% -
4.38% due 5/21/26 - 8/15/53; valued at
$204,000)
|
$
|
200,000
|
$200,000
|
|
Credit Agricole Corporate and Investment Bank,
(3.64%, dated 4/30/26, due 5/1/26;
proceeds $500,051; fully collateralized by
various U.S. Government obligations, 1.38% -
4.75% due 7/15/26 - 8/15/55; valued at
$510,000)
|
|
500,000
|
500,000
|
|
Deutsche Bank Securities, Inc., (3.64%, dated
4/30/26, due 5/1/26; proceeds $880,089;
fully collateralized by various
U.S. Government obligations, 0.00% - 3.00%
due 5/15/26 - 2/15/56; valued at
$897,600)
|
|
880,000
|
880,000
|
|
Goldman Sachs & Co. LLC, (3.64% (a), dated
4/8/26, due 5/7/26; proceeds $250,734;
fully collateralized by a U.S. Government
obligation, 4.00% due 11/15/52; valued at
$255,000)
|
|
250,000
|
250,000
|
|
HSBC Securities USA, Inc., (3.64%, dated
4/30/26, due 5/1/26; proceeds $285,029;
fully collateralized by various
U.S. Government obligations, 0.00% - 4.75%
due 3/31/31 - 2/15/56; valued at
$290,729)
|
|
285,000
|
285,000
|
|
JP Morgan Securities LLC, (3.79% (a), dated
7/3/25, due 5/7/26; proceeds $1,806,745;
fully collateralized by a U.S. Government
obligation, 3.88% due 3/15/28; valued at
$1,790,438)
|
|
1,750,000
|
1,750,000
|
|
JP Morgan Securities LLC, (3.78% (a), dated
3/10/26, due 5/7/26; proceeds
$1,006,082; fully collateralized by various
U.S. Government obligations, 0.00% - 4.50%
due 7/15/28 - 12/31/31; valued at
$1,023,095)
|
|
1,000,000
|
1,000,000
|
|
JP Morgan Securities, Inc. - Fixed Income
Clearing Corp., (3.64%, dated 4/30/26, due
5/1/26; proceeds $70,007; fully
collateralized by various U.S. Government
obligations, 0.00% - 6.63% due
5/5/26 - 2/15/27; valued at $71,407)
|
|
70,000
|
70,000
|
|
Natixis SA, (Interest in $1,900,000 joint
repurchase agreement, 3.64%, dated
4/30/26 under which Natixis SA, will
repurchase the securities provided as
collateral for $1,900,192 on 5/1/26. The
securities provided as collateral at the end of
the period held with BNY Mellon, tri-party
agent, were various U.S. Government
obligations with various maturities to
8/15/55; valued at $1,938,000)
|
|
1,722,000
|
1,722,000
|
|
Natixis SA, (3.68% (a), dated 3/18/26, due
5/7/26; proceeds $502,556; fully
collateralized by various U.S. Government
obligations, 0.00% - 4.88% due
5/31/26 - 8/15/55; valued at $510,000)
|
|
500,000
|
500,000
|
|
|
|
Face
Amount
(000)
|
Value
(000)
|
|
|
|||
|
Natixis SA, (3.75%, dated 12/3/25, due
6/1/26; proceeds $50,938; fully
collateralized by various U.S. Government
obligations, 0.13% - 4.63% due
5/15/26 - 11/15/51; valued at $51,000)
|
$
|
50,000
|
$50,000
|
|
Natixis SA, (3.68% (a), dated 4/24/26, due
5/7/26; proceeds $150,199; fully
collateralized by various U.S. Government
obligations, 0.13% - 4.75% due
7/15/26 - 11/15/53; valued at $153,000)
|
|
150,000
|
150,000
|
|
Natixis SA, (3.72%, dated 4/22/26, due
10/22/26; proceeds $101,891; fully
collateralized by various U.S. Government
obligations, 0.13% - 4.75% due
7/15/26 - 2/15/56; valued at $102,000)
|
|
100,000
|
100,000
|
|
Northern Trust Co. - Fixed Income Clearing
Corp., (3.64%, dated 4/30/26, due 5/1/26;
proceeds $1,500,152; fully collateralized by
various U.S. Government obligations, 0.63% -
3.88% due 7/1/30 - 4/30/31; valued at
$1,530,000)
|
|
1,500,000
|
1,500,000
|
|
Royal Bank of Canada, (3.49% (a), dated
1/12/26, due 5/7/26; proceeds $101,115;
fully collateralized by various
U.S. Government obligations, 0.00% - 3.63%
due 8/31/27 - 8/15/34; valued at
$102,000)
|
|
100,000
|
100,000
|
|
Royal Bank of Canada, (3.53% (a), dated
12/18/25, due 5/7/26; proceeds
$101,373; fully collateralized by various
U.S. Government obligations, 3.50% - 3.88%
due 9/30/27 - 7/15/28; valued at
$102,000)
|
|
100,000
|
100,000
|
|
Royal Bank of Canada, (3.77% (a), dated
11/14/25, due 5/7/26; proceeds
$101,822; fully collateralized by various
U.S. Government obligations, 3.63% - 3.88%
due 8/31/27 - 7/15/28; valued at
$102,000)
|
|
100,000
|
100,000
|
|
Sumitomo Mitsui Banking Corp., (3.64%, dated
4/30/26, due 5/1/26; proceeds
$1,000,101; fully collateralized by various
U.S. Government obligations, 3.63% due
3/31/28 - 8/31/29; valued at $1,020,103)
|
|
1,000,000
|
1,000,000
|
|
Teacher Retirement System of Texas, (3.75%,
dated 5/1/26, due 5/4/26; proceeds
$610,412; valued at $0) (b)
|
|
610,222
|
610,222
|
|
Teacher Retirement System of Texas, (3.72%,
dated 4/30/26, due 5/1/26; proceeds
$610,378; fully collateralized by various
U.S. Government obligations, 1.75% - 2.25%
due 8/15/41 - 8/15/49; valued at
$622,522)
|
|
610,315
|
610,315
|
|
Wells Fargo Clearing Services LLC - Fixed
Income Clearing Corp., (3.67%, dated
1/9/26, due 7/1/26; proceeds $50,882;
fully collateralized by various
U.S. Government obligations, 0.38% - 4.25%
due 5/15/26 - 2/15/36; valued at $51,000)
|
|
50,000
|
50,000
|
|
|
|
Face
Amount
(000)
|
Value
(000)
|
|
Repurchase Agreements (cont'd)
|
|||
|
Wells Fargo Clearing Services LLC - Fixed
Income Clearing Corp., (3.64%, dated
1/5/26, due 7/1/26; proceeds $101,790;
fully collateralized by various
U.S. Government obligations, 1.25% - 3.50%
due 11/30/26 - 2/15/33; valued at
$102,000)
|
$
|
100,000
|
$100,000
|
|
Wells Fargo Securities LLC, (3.64%, dated
4/30/26, due 5/1/26; proceeds $550,056;
fully collateralized by various
U.S. Government obligations, 3.63% - 4.13%
due 8/31/29 - 2/15/34; valued at
$561,000)
|
|
550,000
|
550,000
|
|
Total Repurchase Agreements (Cost $21,693,387)
|
21,693,387
|
||
|
U.S. Treasury Securities (35.4%)
|
|
|
|
|
U.S. Treasury Bill,
|
|
|
|
|
3.48%, 2/18/27 (c)
|
|
84,000
|
81,712
|
|
3.69%, 6/30/26 - 9/17/26 (b)(c)
|
|
190,000
|
187,903
|
|
3.71%, 10/22/26 - 4/15/27 (c)
|
|
467,000
|
457,076
|
|
3.72%, 9/1/26 (b)(c)
|
|
126,000
|
124,492
|
|
3.73%, 10/8/26 - 10/15/26 (c)
|
|
430,000
|
422,975
|
|
3.75%, 9/24/26 (c)
|
|
127,000
|
125,130
|
|
3.76%, 6/4/26 (c)
|
|
264,000
|
263,093
|
|
3.79%, 5/28/26 (c)
|
|
199,000
|
198,452
|
|
3.81%, 5/7/26 (c)
|
|
267,000
|
266,835
|
|
3.83%, 5/21/26 (c)
|
|
192,000
|
191,604
|
|
3.85%, 5/14/26 - 7/9/26 (c)
|
|
857,000
|
854,497
|
|
3.92%, 8/6/26 (c)
|
|
170,000
|
168,277
|
|
4.12%, 6/11/26 (c)
|
|
79,000
|
78,645
|
|
U.S. Treasury Notes,
|
|
|
|
|
0.50%, 5/31/27
|
|
57,000
|
55,026
|
|
0.63%, 7/31/26
|
|
59,000
|
58,507
|
|
1.13%, 10/31/26
|
|
57,000
|
56,281
|
|
1.25%, 12/31/26
|
|
184,000
|
181,175
|
|
1.50%, 8/15/26 - 1/31/27
|
|
258,000
|
254,863
|
|
1.63%, 5/15/26
|
|
61,000
|
60,946
|
|
1.88%, 6/30/26
|
|
17,000
|
16,948
|
|
2.25%, 2/15/27
|
|
80,000
|
79,190
|
|
2.75%, 4/30/27
|
|
348,000
|
344,619
|
|
3.50%, 9/30/26
|
|
83,000
|
82,930
|
|
3 Month Treasury Money Market Yield +
0.10%, 3.74%, 1/31/27 - 1/31/28 (d)
|
|
1,288,390
|
1,288,332
|
|
3.75%, 8/31/26 - 4/30/27
|
|
228,000
|
227,967
|
|
3 Month Treasury Money Market Yield +
0.10%, 3.75%, 4/30/28 (d)
|
|
550,000
|
549,981
|
|
3 Month Treasury Money Market Yield +
0.16%, 3.80%, 4/30/27 - 7/31/27 (b)(d)
|
|
1,199,961
|
1,199,803
|
|
3 Month Treasury Money Market Yield +
0.18%, 3.83%, 7/31/26 (d)
|
|
468,000
|
467,928
|
|
3 Month Treasury Money Market Yield +
0.19%, 3.83%, 10/31/27 (d)
|
|
1,125,000
|
1,125,232
|
|
3 Month Treasury Money Market Yield +
0.21%, 3.85%, 10/31/26 (d)
|
|
151,000
|
151,000
|
|
3.88%, 3/31/27 - 5/31/27 (b)
|
|
510,000
|
511,234
|
|
4.00%, 1/15/27
|
|
188,000
|
188,603
|
|
|
|
Face
Amount
(000)
|
Value
(000)
|
|
|
|
|
|
|
4.13%, 6/15/26 - 2/28/27
|
$
|
127,000
|
$127,347
|
|
4.25%, 11/30/26 - 3/15/27
|
|
481,000
|
483,455
|
|
4.38%, 12/15/26
|
|
163,000
|
163,733
|
|
4.50%, 7/15/26 - 5/15/27
|
|
683,000
|
687,458
|
|
4.63%, 6/30/26 - 11/15/26
|
|
245,800
|
246,679
|
|
4.88%, 5/31/26
|
|
56,000
|
56,038
|
|
Total U.S. Treasury Securities (Cost $12,085,966)
|
12,085,966
|
||
|
Total Investments (98.9%) (Cost $33,779,353) (e)(f)
|
33,779,353
|
||
|
Other Assets in Excess of Liabilities (1.1%)
|
389,001
|
||
|
Net Assets (100.0%)
|
$34,168,354
|
||
|
(a)
|
Rate as of period end and maturity is the date the principal owed can
be recovered through demand.
|
|
(b)
|
All or a portion of the security is subject to delayed delivery.
|
|
(c)
|
Rate shown is the yield to maturity at April 30, 2026.
|
|
(d)
|
Floating or variable rate securities: The rates disclosed are as of
April 30, 2026. For securities based on a published reference rate and
spread, the reference rate and spread are indicated in the description
in the Portfolio of Investments. Certain variable rate securities may not
be based on a published reference rate and spread but are determined
by the issuer or agent and are based on current market conditions.
These securities do not indicate a reference rate and spread in their
description in the Portfolio of Investments.
|
|
(e)
|
Securities are available for collateral in connection with securities
purchased on a forward commitment basis.
|
|
(f)
|
The aggregate cost for federal income tax purposes approximates the
aggregate cost for book purposes.
|
|
Portfolio Composition
|
|
|
Classification
|
Percentage of
Total Investments
|
|
Repurchase Agreements
|
64.2
%
|
|
U.S. Treasury Securities
|
35.8
|
|
Total Investments
|
100.0
%
|
|
|
|
Face
Amount
(000)
|
Value
(000)
|
|
U.S. Treasury Securities (105.2%)
|
|
|
|
|
U.S. Treasury Bill,
|
|
|
|
|
3.48%, 2/18/27 (a)
|
$
|
156,000
|
$151,752
|
|
3.65%, 6/9/26 (a)(b)
|
|
400,000
|
398,444
|
|
3.66%, 5/19/26 - 6/2/26 (a)(b)
|
|
6,700,000
|
6,683,756
|
|
3.67%, 6/23/26 - 7/30/26 (a)
|
|
2,000,000
|
1,988,475
|
|
3.68%, 6/4/26 - 6/16/26 (a)(b)
|
|
7,081,123
|
7,053,921
|
|
3.69%, 5/5/26 - 9/17/26 (a)(b)
|
|
17,482,000
|
17,437,497
|
|
3.70%, 5/21/26 - 8/25/26 (a)
|
|
7,100,000
|
7,076,122
|
|
3.71%, 5/7/26 - 4/15/27 (a)
|
|
4,861,000
|
4,843,063
|
|
3.72%, 6/25/26 - 9/1/26 (a)(b)
|
|
950,000
|
940,162
|
|
3.73%, 7/28/26 - 10/15/26 (a)
|
|
750,000
|
739,575
|
|
3.75%, 5/14/26 - 9/24/26 (a)
|
|
3,750,000
|
3,742,350
|
|
3.80%, 7/9/26 (a)
|
|
659,000
|
654,333
|
|
3.93%, 8/6/26 (a)
|
|
284,000
|
281,117
|
|
U.S. Treasury Notes,
|
|
|
|
|
0.50%, 5/31/27
|
|
100,000
|
96,538
|
|
0.63%, 7/31/26
|
|
97,000
|
96,190
|
|
1.13%, 10/31/26
|
|
101,000
|
99,727
|
|
1.25%, 12/31/26
|
|
305,000
|
300,317
|
|
1.50%, 8/15/26 - 1/31/27
|
|
430,000
|
424,776
|
|
1.63%, 5/15/26
|
|
98,000
|
97,913
|
|
1.88%, 6/30/26
|
|
31,000
|
30,905
|
|
2.25%, 2/15/27
|
|
139,000
|
137,592
|
|
2.75%, 4/30/27
|
|
427,000
|
422,838
|
|
3.50%, 9/30/26
|
|
150,000
|
149,873
|
|
3 Month Treasury Money Market Yield +
0.10%, 3.74%, 1/31/27 - 1/31/28 (c)
|
|
2,212,700
|
2,212,544
|
|
3.75%, 8/31/26 - 4/30/27
|
|
359,000
|
358,941
|
|
3 Month Treasury Money Market Yield +
0.10%, 3.75%, 4/30/28 (c)
|
|
650,000
|
649,972
|
|
3 Month Treasury Money Market Yield +
0.16%, 3.80%, 4/30/27 - 7/31/27 (b)(c)
|
|
2,265,539
|
2,265,482
|
|
3 Month Treasury Money Market Yield +
0.18%, 3.83%, 7/31/26 (c)
|
|
886,150
|
886,021
|
|
3 Month Treasury Money Market Yield +
0.19%, 3.83%, 10/31/27 (c)
|
|
1,788,000
|
1,788,327
|
|
3 Month Treasury Money Market Yield +
0.21%, 3.85%, 10/31/26 (c)
|
|
351,000
|
351,025
|
|
3.88%, 3/31/27 - 5/31/27 (b)
|
|
935,000
|
937,285
|
|
4.00%, 1/15/27
|
|
309,000
|
309,992
|
|
4.13%, 6/15/26 - 2/28/27
|
|
223,000
|
223,605
|
|
4.25%, 11/30/26 - 3/15/27
|
|
848,000
|
852,366
|
|
4.38%, 12/15/26
|
|
278,000
|
279,246
|
|
4.50%, 7/15/26 - 5/15/27
|
|
929,000
|
934,967
|
|
4.63%, 6/30/26 - 11/15/26
|
|
431,200
|
432,738
|
|
4.88%, 5/31/26
|
|
96,000
|
96,065
|
|
Total U.S. Treasury Securities (Cost $66,425,812)
|
66,425,812
|
||
|
Total Investments (105.2%) (Cost $66,425,812) (d)(e)
|
66,425,812
|
||
|
Liabilities in Excess of Other Assets (–-5.2%)
|
(3,293,091
)
|
||
|
Net Assets (100.0%)
|
$63,132,721
|
||
|
(a)
|
Rate shown is the yield to maturity at April 30, 2026.
|
|
(b)
|
All or a portion of the security is subject to delayed delivery.
|
|
(c)
|
Floating or variable rate securities: The rates disclosed are as of
April 30, 2026. For securities based on a published reference rate and
spread, the reference rate and spread are indicated in the description
in the Portfolio of Investments. Certain variable rate securities may not
be based on a published reference rate and spread but are determined
by the issuer or agent and are based on current market conditions.
These securities do not indicate a reference rate and spread in their
description in the Portfolio of Investments.
|
|
(d)
|
Securities are available as collateral in connection with securities
purchased on a forward commitment basis.
|
|
(e)
|
The aggregate cost for federal income tax purposes approximates the
aggregate cost for book purposes.
|
|
Portfolio Composition
|
|
|
Classification
|
Percentage of
Total Investments
|
|
U.S. Treasury Securities
|
100.0
%
|
|
Total Investments
|
100.0
%
|
|
|
|
Face
Amount
(000)
|
Value
(000)
|
|
Weekly Variable Rate Bonds (a)^ (53.7%)
|
|||
|
City of Colorado Springs, CO,
|
|
|
|
|
Utilities System Improvement Revenue Bonds
Series 2012 A
|
|
|
|
|
2.90%, 11/1/41
|
$
|
6,000
|
$6,000
|
|
Utilities System Subordinate Lien,
Series 2006 B
|
|
|
|
|
3.05%, 11/1/36
|
|
5,500
|
5,500
|
|
Utilities System Refunding Revenue Bonds
Series 2009 C
|
|
|
|
|
3.08%, 11/1/28
|
|
9,300
|
9,300
|
|
City of Jacksonville, FL,
|
|
|
|
|
Florida Pollution Control Revenue Refunding
Bonds (Florida Power & Light Company
Project) Series 1995
|
|
|
|
|
3.20%, 5/1/29
|
|
8,500
|
8,500
|
|
Columbus, OH,
|
|
|
|
|
Sewer Revenue Bonds Series 2008 B
|
|
|
|
|
3.00%, 6/1/32
|
|
9,000
|
9,000
|
|
County of Clark, NV,
|
|
|
|
|
Airport System Subordinate Lien Revenue
Bonds Series 2008 D-2B
|
|
|
|
|
2.95%, 7/1/40
|
|
5,200
|
5,200
|
|
County of Utah, UT,
|
|
|
|
|
Variable Rate Hospital Revenue Bonds,
Series 2016C (IHC Health Care Services,
Inc.)
|
|
|
|
|
3.50%, 5/15/51
|
|
15,000
|
15,000
|
|
Escambia County, FL,
|
|
|
|
|
Solid Waste Disposal Revenue Bonds (Gulf
Power Company Project) First Series 2009
|
|
|
|
|
2.95%, 4/1/39
|
|
5,000
|
5,000
|
|
Solid Waste Disposal Revenue Bonds (Gulf
Power Company Project) Second
Series 2009
|
|
|
|
|
3.35%, 4/1/39
|
|
5,000
|
5,000
|
|
Hampton Roads Sanitation District, VA,
|
|
|
|
|
Subordinate Wastewater Revenue Bonds,
Series 2016 B
|
|
|
|
|
3.00%, 8/1/46
|
|
7,600
|
7,600
|
|
Indiana Finance Authority, IN ,
|
|
|
|
|
Environmental Refunding Revenue Bonds,
Series 2009 A-3
|
|
|
|
|
3.00%, 12/1/39
|
|
5,000
|
5,000
|
|
JPMorgan Chase Putters/Drivers Trust, AL,
|
|
|
|
|
Various States Certificates 5065
|
|
|
|
|
3.12%, 7/1/31 (b)
|
|
5,000
|
5,000
|
|
JPMorgan Chase Putters/Drivers Trust, NC,
|
|
|
|
|
Various States Certificates 5093
|
|
|
|
|
3.12%, 7/1/40 (b)
|
|
7,000
|
7,000
|
|
JPMorgan Chase Putters/Drivers Trust, PA,
|
|
|
|
|
Various States Certificates 5077
|
|
|
|
|
3.12%, 11/13/29 (b)
|
|
9,000
|
9,000
|
|
JPMorgan Chase Putters/Drivers Trust, SC,
|
|
|
|
|
Various States Certificates 5076
|
|
|
|
|
3.12%, 9/26/31 (b)
|
|
4,900
|
4,900
|
|
|
|
Face
Amount
(000)
|
Value
(000)
|
|
|
|||
|
Long Island Power Authority, NY,
|
|
|
|
|
Electric System General Revenue Bonds
Series 2023 D
|
|
|
|
|
2.90%, 5/1/33
|
$
|
7,500
|
$7,500
|
|
Electric System General Revenue Bonds,
Series 2026 A
|
|
|
|
|
2.90%, 9/1/42
|
|
8,000
|
8,000
|
|
Loudoun County Individual Development
Authority, VA,
|
|
|
|
|
Revenue Bonds Howard Hughes Medical
Institute Series 2003 D
|
|
|
|
|
2.90%, 2/15/38
|
|
5,000
|
5,000
|
|
Massachusetts Water Resources Authority, MA,
|
|
|
|
|
Multi-Modal Subordinated General Revenue
Bonds, 1999 Series B
|
|
|
|
|
2.92%, 8/1/28
|
|
6,000
|
6,000
|
|
Metropolitan Sewerage District of Buncombe
County, NC,
|
|
|
|
|
North Carolina Sewerage System Revenue
Refunding Bonds Series 2008 A
|
|
|
|
|
3.04%, 7/1/31
|
|
6,040
|
6,040
|
|
Miami-Dade County Industrial Development
Authority, FL,
|
|
|
|
|
Revenue Refunding Bonds Series 2021
|
|
|
|
|
3.10%, 5/1/46
|
|
6,500
|
6,500
|
|
Missouri Health & Educational Facilities
Authority, MO,
|
|
|
|
|
BJC Health System Series C
|
|
|
|
|
3.10%, 5/15/38
|
|
5,000
|
5,000
|
|
New York City Municipal Water Finance
Authority, NY,
|
|
|
|
|
Water and Sewer System Second General
Resolution Revenue Bonds, Adjustable Rate
Fiscal 2013 Series AA Subseries AA-2
|
|
|
|
|
2.90%, 6/15/46
|
|
5,000
|
5,000
|
|
New York City Transitional Finance Authority,
NY,
|
|
|
|
|
Future Tax Fiscal 2013 Series A Subseries
A-7
|
|
|
|
|
3.04%, 8/1/39
|
|
9,000
|
9,000
|
|
New York State Energy Research &
Development Authority, NY,
|
|
|
|
|
Facilities Revenue Bonds, Consolidated
Edison Co. Series 2005 Subseries A-2
|
|
|
|
|
2.80%, 5/1/39
|
|
7,000
|
7,000
|
|
Consolidated Edison Company of New
York Inc. (Project) Series 2005 A
|
|
|
|
|
2.80%, 5/1/39
|
|
7,000
|
7,000
|
|
Consolidated Edison Company of New York,
Inc. Project Facilities Revenue Bonds
Series 2005A Subseries 2005 A-2
|
|
|
|
|
3.30%, 5/1/39
|
|
7,000
|
7,000
|
|
Novant Health, Inc., NH,
|
|
|
|
|
National Finance Authority Health Care
Facilities Revenue Bonds Novant Health
Obligated Group Series 2024 C
|
|
|
|
|
3.15%, 11/1/64
|
|
5,000
|
5,000
|
|
Orlando Utilities Commission, FL,
|
|
|
|
|
Utility System Revenue Bonds Series 2008-1
|
|
|
|
|
3.47%, 10/1/33
|
|
9,000
|
9,000
|
|
|
|
Face
Amount
(000)
|
Value
(000)
|
|
Weekly Variable Rate Bonds (a)^ (cont'd)
|
|||
|
Pennsylvania Turnpike Commission, PA,
|
|
|
|
|
Series 2019
|
|
|
|
|
3.12%, 12/1/38
|
$
|
5,000
|
$5,000
|
|
RBC Municipal Products Inc Trust, GA,
|
|
|
|
|
Certificates E-155
|
|
|
|
|
3.13%, 1/1/27 (b)
|
|
9,000
|
9,000
|
|
RBC Municipal Products Inc Trust, MO,
|
|
|
|
|
Certificates E-158
|
|
|
|
|
3.12%, 7/1/28 (b)
|
|
6,315
|
6,315
|
|
RBC Municipal Products Inc Trust, NY,
|
|
|
|
|
Certificates E-159
|
|
|
|
|
3.12%, 9/1/28 (b)
|
|
5,000
|
5,000
|
|
Certificates E-166
|
|
|
|
|
3.12%, 8/1/29 (b)
|
|
7,000
|
7,000
|
|
RBC Municipal Products Inc Trust, OH,
|
|
|
|
|
Certificates C-22
|
|
|
|
|
3.13%, 7/15/35 (b)
|
|
4,910
|
4,910
|
|
RBC Municipal Products Inc Trust, SC,
|
|
|
|
|
Certificates E-165
|
|
|
|
|
3.12%, 9/1/28 (b)
|
|
6,500
|
6,500
|
|
RBC Municipal Products Inc Trust, VA,
|
|
|
|
|
Certificates C-20
|
|
|
|
|
3.13%, 5/1/39 (b)
|
|
2,000
|
2,000
|
|
RBC Municipal Products Trust Inc, NY,
|
|
|
|
|
Certificates G -130
|
|
|
|
|
3.12%, 12/15/33 (b)
|
|
5,000
|
5,000
|
|
RBC Municipal Products Trust Inc, TN,
|
|
|
|
|
Certificates E-168
|
|
|
|
|
3.12%, 6/16/26 (b)
|
|
6,500
|
6,500
|
|
State of Texas, TX,
|
|
|
|
|
Veterans Bonds Series 2022
|
|
|
|
|
3.00%, 6/1/53
|
|
5,850
|
5,850
|
|
Veterans Bonds Series 2025 B
|
|
|
|
|
3.45%, 12/1/55
|
|
5,300
|
5,300
|
|
Transportation Commission Mobility Fund,
Series 2006 B
|
|
|
|
|
3.47%, 4/1/36
|
|
12,500
|
12,500
|
|
Tender Option Bond Trust Receipts/Certificates,
AZ,
|
|
|
|
|
Maricopa County, Arizona Industrial
Development Authority Certificates
2023-BAML6007
|
|
|
|
|
3.24%, 4/1/56 (b)
|
|
1,900
|
1,900
|
|
Tender Option Bond Trust Receipts/Certificates,
MA,
|
|
|
|
|
Boston Children’s Hospital Trust Certificates
2024-BAML5050
|
|
|
|
|
3.11%, 3/1/49 (b)
|
|
5,000
|
5,000
|
|
Massachusetts State Development Finance
Agency Certificates 2023-BAML6005
|
|
|
|
|
3.24%, 12/1/37 (b)
|
|
9,200
|
9,200
|
|
Utah Water Finance Agency, UT,
|
|
|
|
|
Series 2008 B-2
|
|
|
|
|
3.20%, 10/1/35
|
|
9,700
|
9,700
|
|
|
|
Face
Amount
(000)
|
Value
(000)
|
|
|
|||
|
Series 2008 B
|
|
|
|
|
3.20%, 10/1/37
|
$
|
10,395
|
$10,395
|
|
Wisconsin Housing & Economic Development
Authority, WI,
|
|
|
|
|
Home Ownership Revenue 2025 Series C
|
|
|
|
|
3.05%, 9/1/50
|
|
5,000
|
5,000
|
|
Total Weekly Variable Rate Bonds (Cost $322,110)
|
322,110
|
||
|
Daily Variable Rate Bonds (a)^ (22.9%)
|
|||
|
City of San Antonio, TX,
|
|
|
|
|
Water System Subordinate Lien Revenue
Refunding Bonds, Series 2024 A
|
|
|
|
|
3.40%, 5/1/54
|
|
10,000
|
10,000
|
|
Gulf Coast, TX ,
|
|
|
|
|
Industrial Development Authority Revenue
Bonds (Exxonmobil Project) Series 2012
|
|
|
|
|
3.40%, 11/1/41
|
|
10,000
|
10,000
|
|
Indiana Finance Authority, IN,
|
|
|
|
|
Environmental Refunding Duke Energy
Indiana, Inc. Series 2009 A-4
|
|
|
|
|
3.40%, 12/1/39
|
|
8,200
|
8,200
|
|
Environmental Refunding Revenue Bonds
Series 2009 A-5
|
|
|
|
|
3.40%, 10/1/40
|
|
8,000
|
8,000
|
|
Indiana Municipal Power Agency, IN,
|
|
|
|
|
Variable Rate Demand Power Supply System
Refunding Revenue Bonds Series 2019 B
|
|
|
|
|
3.40%, 1/1/42
|
|
18,000
|
18,000
|
|
Industrial Development Board of the Parish of
East Baton Rouge Louisiana, Inc., LA,
|
|
|
|
|
Exxonmobil Project, Series 2010 A
|
|
|
|
|
3.45%, 8/1/35
|
|
6,700
|
6,700
|
|
JP Morgan Chase Putters/Drivers Trust, SC,
|
|
|
|
|
Various States Certificates 5053
|
|
|
|
|
3.40%, 5/1/47 (b)(c)
|
|
13,700
|
13,700
|
|
Mississippi Business Finance Corp., MS,
|
|
|
|
|
Gulf Opportunity Zone Industrial Development
Revenue Bonds (Chevron U.S.A., Inc. Project)
Series 2009
|
|
|
|
|
3.40%, 12/1/30
|
|
13,700
|
13,700
|
|
Gulf Opportunity Zone Industrial Development
Revenue Bonds (Chevron U.S.A., Inc. Project)
Series 2010
|
|
|
|
|
3.45%, 11/1/35
|
|
10,000
|
10,000
|
|
New York City Municipal Water Finance
Authority, NY,
|
|
|
|
|
Water and Sewer System Second General
Resolution Revenue Bonds, Adjustable Rate
Fiscal 2025
|
|
|
|
|
3.44%, 6/15/55
|
|
15,000
|
15,000
|
|
Ohio Water Development Authority, OH,
|
|
|
|
|
State of Ohio Water Pollution Control Loan
Fund Revenue Bonds Series 2024 C
|
|
|
|
|
3.35%, 12/1/54
|
|
12,000
|
12,000
|
|
State of Louisiana, LA,
|
|
|
|
|
Gasoline and Fuels Tax Second Lien Revenue
Refunding Bonds 2023 Series A-1
|
|
|
|
|
3.35%, 5/1/43
|
|
12,100
|
12,100
|
|
Total Daily Variable Rate Bonds (Cost $137,400)
|
137,400
|
||
|
|
|
Face
Amount
(000)
|
Value
(000)
|
|
Commercial Paper (d) (12.0%)
|
|||
|
Denver Colorado City, CO,
|
|
|
|
|
County Board Water Commisioner Water
Revenue Sub Lien Series 2023 A
|
|
|
|
|
2.40%, 6/4/26
|
$
|
4,000
|
$4,000
|
|
Illinois Finance Authority, IL,
|
|
|
|
|
Northwestern University |
|
|
|
|
2.50%, 10/6/26
|
|
5,000
|
5,000
|
|
Illinois Finance Authority, IL ,
|
|
|
|
|
Northwestern University |
|
|
|
|
2.50%, 10/5/26
|
|
5,000
|
5,000
|
|
Lincoln Nebraska Electric System, NE,
|
|
|
|
|
Revenue Series 2020
|
|
|
|
|
2.42%, 5/21/26
|
|
5,000
|
5,000
|
|
Louisville and Jefferson County, KY,
|
|
|
|
|
Metropolitan Sewer District & Drain System
Revenue Series 67
|
|
|
|
|
2.48%, 5/5/26
|
|
5,000
|
5,000
|
|
Massachusetts State Developing Finance
Agency, MA,
|
|
|
|
|
Revenue VRDO Series 2025 A
|
|
|
|
|
2.60%, 5/6/26
|
|
5,000
|
5,000
|
|
Missouri Health & Educational Facilities
Authority, MO,
|
|
|
|
|
BJC Health System Series D
|
|
|
|
|
2.47%, 5/1/26
|
|
5,000
|
5,000
|
|
Nebraska, NE,
|
|
|
|
|
Public Power Distribution Series A-1
|
|
|
|
|
2.42%, 5/21/26
|
|
5,000
|
5,000
|
|
Public Power Distribution Series A-1
|
|
|
|
|
2.42%, 5/21/26
|
|
6,000
|
6,000
|
|
New York State Power Authority, NY,
|
|
|
|
|
Series 4
|
|
|
|
|
2.60%, 6/17/26
|
|
5,000
|
5,000
|
|
Oklahoma City Water Utilities Trust, OK,
|
|
|
|
|
Series 131
|
|
|
|
|
2.43%, 6/16/26
|
|
5,000
|
5,000
|
|
Omaha Public Power District, NE,
|
|
|
|
|
Revenue Series A
|
|
|
|
|
2.60%, 8/18/26
|
|
2,000
|
2,000
|
|
Pennsylvania Higher Educational Facilities
Authority, PA,
|
|
|
|
|
Revenue Series 29
|
|
|
|
|
2.42%, 5/21/26
|
|
5,000
|
5,000
|
|
San Antonio Texas, TX,
|
|
|
|
|
Electric & Gas Revenue Subseries D-1
|
|
|
|
|
2.60%, 5/12/26
|
|
5,000
|
5,000
|
|
University of Texas, TX,
|
|
|
|
|
Permanent University Funding, Series A
|
|
|
|
|
2.50%, 8/27/26
|
|
5,000
|
5,000
|
|
Total Commercial Paper (Cost $72,000)
|
72,000
|
||
|
|
|
Face
Amount
(000)
|
Value
(000)
|
|
Municipal Bonds & Notes (8.5%)
|
|||
|
Bergen County Improvement Authority/The, NJ,
|
|
|
|
|
County Guaranteed Governmental Pooled
Project Notes Series 2025 A
|
|
|
|
|
4.00%, 5/21/26
|
$
|
5,000
|
$5,002
|
|
County Guaranteed Project Note (Bergen
New Bridge Medical Center Project)
Series 2025
|
|
|
|
|
4.00%, 6/30/26
|
|
6,800
|
6,811
|
|
County Guaranteed Governmental Pooled
Loan Project Notes Series 2025 B
|
|
|
|
|
4.00%, 10/14/26
|
|
5,000
|
5,031
|
|
City of Austin, TX,
|
|
|
|
|
Texas Public Improvement & Refunding
Bonds Series 2025
|
|
|
|
|
5.00%, 9/1/26
|
|
920
|
927
|
|
City of Charlotte, NC,
|
|
|
|
|
North Carolina General Obligation Refunding
Bonds Series 2025 B
|
|
|
|
|
5.00%, 7/1/26
|
|
7,470
|
7,499
|
|
Commonwealth of Virginia, VA,
|
|
|
|
|
General Obligation Refunding Bonds
Series 2024 B
|
|
|
|
|
5.00%, 6/1/26
|
|
2,500
|
2,505
|
|
Del Valle Independent School District, TX,
|
|
|
|
|
Unlimited Tax Refunding Bonds Series 2025
B
|
|
|
|
|
5.00%, 6/15/26
|
|
2,000
|
2,006
|
|
Hampton Roads Sanitation District, VA,
|
|
|
|
|
Subordinate Wastewater Revenue Bonds
Series 2025 A
|
|
|
|
|
5.00%, 7/15/26
|
|
3,425
|
3,441
|
|
Miami-Dade County, FL,
|
|
|
|
|
Water and Sewer System Revenue Refunding
Bonds, Series 2025 B
|
|
|
|
|
5.00%, 10/1/26
|
|
2,500
|
2,524
|
|
State of North Carolina, NC,
|
|
|
|
|
Limited Obligation Refunding Bonds
Series 2025 B
|
|
|
|
|
5.00%, 5/1/26
|
|
5,250
|
5,250
|
|
State of Ohio, OH,
|
|
|
|
|
Major New State Infrastructure Project
Revenue and Refunding Bonds, Series 2026 -
1
|
|
|
|
|
5.00%, 12/15/26 (c)
|
|
4,500
|
4,564
|
|
State of Tennessee, TN,
|
|
|
|
|
General Obligation Bonds2023 Series A
|
|
|
|
|
5.00%, 5/1/26
|
|
4,005
|
4,005
|
|
Texas Transportation Commission State of
Texas, TX,
|
|
|
|
|
General Obligation Mobility Fund Refunding
Bonds Series 2024
|
|
|
|
|
5.00%, 10/1/26
|
|
485
|
490
|
|
General Obligation Mobility Fund Refunding
Bonds Series 2025
|
|
|
|
|
5.00%, 10/1/26
|
|
1,000
|
1,010
|
|
Total Municipal Bonds & Notes (Cost $51,065)
|
51,065
|
||
|
|
|
Face
Amount
(000)
|
Value
(000)
|
|
Closed-End Investment Companies (a)^ (3.3%)
|
|||
|
Nuveen AMT-Free Municipal Credit Income Fund,
OT,
|
|
|
|
|
Series 1
|
|
|
|
|
3.16%, 12/1/43 (b)
|
$
|
10,000
|
$10,000
|
|
Nuveen AMT-Free Quality Municipal Income
Fund, OT,
|
|
|
|
|
Series 4-4895
|
|
|
|
|
3.17%, 9/11/56 (b)
|
|
10,000
|
10,000
|
|
Total Closed-End Investment
Companies (Cost $20,000)
|
20,000
|
||
|
Semi-Annual Variable Rate Bond (a) (1.2%)
|
|||
|
Tender Option Bond Trust Receipts/Certificates,
AL,
|
|
|
|
|
University of Alabama at Birmingham, St.
Vincent’s Health System Authority Certificates
2025-BAML5063
|
|
|
|
|
SIFMA Municipal Swap Index + 0.20%,
3.29%, 11/1/54 (Cost $7,000) (b)
|
|
7,000
|
7,000
|
|
Quarterly Variable Rate Bond (a) (0.9%)
|
|||
|
Franklin County, OH,
|
|
|
|
|
CHE Trinity Health Credit Group Series 2013
|
|
|
|
|
2.63%, 12/1/46 (Cost $5,375)
|
|
5,375
|
5,375
|
|
Total Investments (102.5%) (Cost $614,950) (e)(f)
|
614,950
|
||
|
Liabilities in Excess of Other Assets (-2.5%)
|
(15,290
)
|
||
|
Net Assets (100.0%)
|
599,660
|
||
|
(a)
|
Floating or variable rate securities: The rates disclosed are as of
April 30, 2026. For securities based on a published reference rate and
spread, the reference rate and spread are indicated in the description
in the Portfolio of Investments. Certain variable rate securities may not
be based on a published reference rate and spread but are determined
by the issuer or agent and are based on current market conditions.
These securities do not indicate a reference rate and spread in their
description in the Portfolio of Investments.
|
|
(b)
|
144A security — Certain conditions for public sale may exist. Unless
otherwise noted, these securities are deemed to be liquid.
|
|
(c)
|
All or a portion of the security is subject to delayed delivery.
|
|
(d)
|
The rates shown are the effective yields at the date of purchase.
|
|
(e)
|
Securities are available for collateral in connection with securities
purchased on a forward commitment basis.
|
|
(f)
|
The aggregate cost for federal income tax purposes approximates the
aggregate cost for book purposes.
|
|
^
|
The dates disclosed are the final maturity dates. Principal owed can be
recovered through demand on the interest reset dates.
|
|
Portfolio Composition
|
|
|
Classification
|
Percentage of
Total Investments
|
|
Weekly Variable Rate Bonds
|
52.4
%
|
|
Daily Variable Rate Bonds
|
22.3
|
|
Commercial Paper
|
11.7
|
|
Municipal Bonds & Notes
|
8.3
|
|
Other*
|
5.3
|
|
Total Investments
|
100.0
%
|
|
*
|
Industries and/or investment types representing less than 5% of total
investments.
|
|
State/Territory
|
Value
(000
)
|
Percentage of
Net Assets
|
|
New York
|
$87,500
|
14.6
%
|
|
Texas
|
58,083
|
9.7
|
|
Indiana
|
39,200
|
6.5
|
|
Florida
|
36,524
|
6.1
|
|
Ohio
|
35,849
|
6.0
|
|
Utah
|
35,095
|
5.9
|
|
North Carolina
|
25,789
|
4.3
|
|
Massachusetts
|
25,200
|
4.2
|
|
South Carolina
|
25,100
|
4.2
|
|
Colorado
|
24,800
|
4.1
|
|
Mississippi
|
23,700
|
4.0
|
|
Virginia
|
20,546
|
3.4
|
|
Other
|
20,000
|
3.3
|
|
Pennsylvania
|
19,000
|
3.2
|
|
Louisiana
|
18,800
|
3.1
|
|
Nebraska
|
18,000
|
3.0
|
|
New Jersey
|
16,844
|
2.8
|
|
Missouri
|
16,315
|
2.7
|
|
Alabama
|
12,000
|
2.0
|
|
Tennessee
|
10,505
|
1.8
|
|
Illinois
|
10,000
|
1.7
|
|
Georgia
|
9,000
|
1.5
|
|
Nevada
|
5,200
|
0.9
|
|
New Hampshire
|
5,000
|
0.8
|
|
Oklahoma
|
5,000
|
0.8
|
|
Wisconsin
|
5,000
|
0.8
|
|
Kentucky
|
5,000
|
0.8
|
|
Arizona
|
1,900
|
0.3
|
|
|
$614,950
|
102.5
%
|
|
|
|
Face
Amount
(000)
|
Value
(000)
|
|
Repurchase Agreements (70.0%)
|
|||
|
Bank of America Securities, Inc., (3.64%, dated
4/30/26, due 5/1/26; proceeds $100,010;
fully collateralized by various
U.S. Government obligations, 3.88% - 4.00%
due 4/15/29 - 6/30/32; valued at
$102,045)
|
$
|
100
|
$100
|
|
Citigroup Global Markets, Inc., (3.64%, dated
4/30/26, due 5/1/26; proceeds $50,005;
fully collateralized by various
U.S. Government obligations, 1.50% - 4.00%
due 2/15/30 - 3/31/30; valued at $51,030)
|
|
50
|
50
|
|
Northern Trust Co. - Fixed Income Clearing
Corp., (3.64%, dated 4/30/26, due 5/1/26;
proceeds $100,010; fully collateralized by a
U.S. Government obligation, 4.50% due
5/31/29; valued at $102,040)
|
|
100
|
100
|
|
RBC Dominion Securities, Inc., (3.64%, dated
4/30/26, due 5/1/26; proceeds $100,010;
fully collateralized by various
U.S. Government obligations, 0.00% - 4.63%
due 9/24/26 - 11/15/54; valued at
$102,022)
|
|
100
|
100
|
|
Total Repurchase Agreements (Cost $350)
|
350
|
||
|
U.S. Treasury Securities (29.0%)
|
|
|
|
|
U.S. Treasury Bill,
|
|
|
|
|
3.65%, 6/9/26 (a)
|
|
25
|
25
|
|
3.67%, 7/30/26 (a)
|
|
20
|
20
|
|
3.69%, 5/12/26 (a)
|
|
50
|
50
|
|
3.79%, 5/28/26 (a)
|
|
50
|
50
|
|
Total U.S. Treasury Securities (Cost $145)
|
145
|
||
|
Total Investments (99.0%) (Cost $495) (b)
|
495
|
||
|
Other Assets in Excess of Liabilities (1.0%)
|
5
|
||
|
Net Assets (100.0%)
|
$500
|
||
|
(a)
|
Rate shown is the yield to maturity at April 30, 2026.
|
|
(b)
|
The aggregate cost for federal income tax purposes approximates the
aggregate cost for book purposes.
|
|
Portfolio Composition
|
|
|
Classification
|
Percentage of
Total Investments
|
|
Repurchase Agreements
|
70.7
%
|
|
U.S. Treasury Securities
|
29.3
|
|
Total Investments
|
100.0
%
|
|
|
Money Market
Portfolio
(000)
|
Prime
Portfolio
(000)
|
Government
Portfolio
(000)
|
Government
Securities
Portfolio
(000)
|
|
Assets:
|
|
|
|
|
|
Investments in Securities of Unaffiliated Issuers, at Cost
|
$3,512,830
|
$12,668,961
|
$211,795,499
|
$4,962,217
|
|
Total Investments in Securities, at Value(1)
|
3,512,830
|
12,668,506
|
211,795,499
|
4,962,217
|
|
Cash
|
99,226
|
601,151
|
10,506,101
|
153,689
|
|
Receivable for Investments Sold
|
8,830
|
4,906
|
2,578,193
|
307,264
|
|
Interest Receivable
|
6,789
|
25,611
|
781,401
|
6,945
|
|
Receivable for Portfolio Shares Sold
|
54
|
—
|
271
|
318,596
|
|
Other Assets
|
411
|
746
|
4,928
|
2,108
|
|
Total Assets
|
3,628,140
|
13,300,920
|
225,666,393
|
5,750,819
|
|
Liabilities:
|
|
|
|
|
|
Payable for Investments Purchased
|
4,203
|
9,376
|
3,783,951
|
318,188
|
|
Payable for Portfolio Shares Redeemed
|
3,592
|
1,374
|
10,274
|
318,611
|
|
Dividends Payable
|
—
@
|
10,006
|
297,857
|
690
|
|
Payable for Advisory Fees
|
308
|
1,513
|
17,197
|
312
|
|
Payable for Administration Fees
|
151
|
551
|
8,916
|
185
|
|
Payable for Administration Plan Fees — Wealth S/Institutional Select Class
|
—
@
|
2
|
400
|
—
@
|
|
Payable for Administration Plan Fees — Investor Class
|
—
|
—
|
592
|
—
@
|
|
Payable for Administration Plan Fees — Administrative Class
|
—
|
—
|
54
|
—
@
|
|
Payable for Service and Shareholder Administration Plan Fees —
Advisory Class
|
—
@
|
—
@
|
476
|
3
|
|
Payable for Distribution Plan and Shareholder Services Plan Fees —
Participant Class
|
—
@
|
—
|
1,311
|
830
|
|
Payable for Distribution Plan and Shareholder Services Plan Fees —
Cash Management Class
|
—
@
|
—
@
|
—
@
|
—
@
|
|
Payable for Distribution Plan and Shareholder Services Plan Fees —
Select Class
|
—
@
|
—
|
—
@
|
—
|
|
Payable for Administration Plan Fees — Institutional Plus Class
|
—
|
—
|
—
@
|
—
|
|
Payable for Custodian Fees
|
65
|
124
|
1,430
|
58
|
|
Payable for Professional Fees
|
52
|
119
|
88
|
64
|
|
Payable for Transfer Agency Fees
|
16
|
40
|
55
|
3
|
|
Other Liabilities
|
122
|
533
|
4,345
|
489
|
|
Total Liabilities
|
8,509
|
23,638
|
4,126,946
|
639,433
|
|
Net Assets
|
$3,619,631
|
$13,277,282
|
$221,539,447
|
$5,111,386
|
|
Net Assets Consist of:
|
|
|
|
|
|
Paid-in-Capital
|
$3,620,739
|
$13,293,465
|
$221,571,872
|
$5,112,974
|
|
Total Accumulated Loss
|
(1,108
)
|
(16,183
)
|
(32,425
)
|
(1,588
)
|
|
Net Assets
|
$3,619,631
|
$13,277,282
|
$221,539,447
|
$5,111,386
|
|
(1)Including:
|
|
|
|
|
|
Repurchase Agreements, at Value
|
$2,046,000
|
$7,085,000
|
$116,873,544
|
$—
|
|
|
Money Market
Portfolio
(000)
|
Prime
Portfolio
(000)
|
Government
Portfolio
(000)
|
Government
Securities
Portfolio
(000)
|
|
WEALTH/INSTITUTIONAL CLASS:
|
|
|
|
|
|
Net Assets
|
$3,458,295
|
$12,214,285
|
$192,680,832
|
$446,224
|
|
Shares Outstanding $0.01 par value shares of beneficial interest
(unlimited number of shares authorized) (not in 000's)
|
3,458,247,990
|
12,213,594,741
|
192,704,925,754
|
446,254,144
|
|
Net Asset Value, Offering and Redemption Price Per Share
|
$1.000
|
$1.0001
|
$1.000
|
$1.000
|
|
WEALTH S/INSTITUTIONAL SELECT CLASS:
|
|
|
|
|
|
Net Assets
|
$61
|
$42,331
|
$9,970,136
|
$60
|
|
Shares Outstanding $0.01 par value shares of beneficial interest
(unlimited number of shares authorized) (not in 000's)
|
60,928
|
42,340,553
|
9,974,142,488
|
60,001
|
|
Net Asset Value, Offering and Redemption Price Per Share
|
$1.000
|
$0.9998
|
$1.000
|
$1.000
|
|
INVESTOR CLASS:
|
|
|
|
|
|
Net Assets
|
$—
|
$—
|
$7,245,150
|
$60
|
|
Shares Outstanding $0.01 par value shares of beneficial interest
(unlimited number of shares authorized) (not in 000's)
|
—
|
—
|
7,245,755,659
|
59,842
|
|
Net Asset Value, Offering and Redemption Price Per Share
|
$—
|
$—
|
$1.000
|
$1.000
|
|
ADMINISTRATIVE CLASS:
|
|
|
|
|
|
Net Assets
|
$—
|
$—
|
$455,507
|
$60
|
|
Shares Outstanding $0.01 par value shares of beneficial interest
(unlimited number of shares authorized) (not in 000's)
|
—
|
—
|
455,575,621
|
59,684
|
|
Net Asset Value, Offering and Redemption Price Per Share
|
$—
|
$—
|
$1.000
|
$1.000
|
|
ADVISORY CLASS:
|
|
|
|
|
|
Net Assets
|
$60
|
$61
|
$2,521,859
|
$14,986
|
|
Shares Outstanding $0.01 par value shares of beneficial interest
(unlimited number of shares authorized) (not in 000's)
|
60,228
|
61,026
|
2,522,198,270
|
14,988,576
|
|
Net Asset Value, Offering and Redemption Price Per Share
|
$1.000
|
$1.0001
|
$1.000
|
$1.000
|
|
PARTICIPANT CLASS:
|
|
|
|
|
|
Net Assets
|
$59
|
$—
|
$3,119,320
|
$4,649,860
|
|
Shares Outstanding $0.01 par value shares of beneficial interest
(unlimited number of shares authorized) (not in 000's)
|
59,446
|
—
|
3,119,755,350
|
4,650,400,904
|
|
Net Asset Value, Offering and Redemption Price Per Share
|
$1.000
|
$—
|
$1.000
|
$1.000
|
|
CASH MANAGEMENT CLASS:
|
|
|
|
|
|
Net Assets
|
$1,444
|
$368
|
$182
|
$136
|
|
Shares Outstanding $0.01 par value shares of beneficial interest
(unlimited number of shares authorized) (not in 000's)
|
1,453,957
|
368,095
|
180,953
|
135,755
|
|
Net Asset Value, Offering and Redemption Price Per Share
|
$1.000
|
$0.9998
|
$1.000
|
$1.000
|
|
SELECT CLASS:
|
|
|
|
|
|
Net Assets
|
$57
|
$—
|
$58
|
$—
|
|
Shares Outstanding $0.01 par value shares of beneficial interest
(unlimited number of shares authorized) (not in 000's)
|
56,906
|
—
|
57,998
|
—
|
|
Net Asset Value, Offering and Redemption Price Per Share
|
$1.000
|
$—
|
$1.000
|
$—
|
|
CASTLEOAK SHARES CLASS:
|
|
|
|
|
|
Net Assets
|
$—
|
$985,477
|
$3,485,658
|
$—
|
|
Shares Outstanding $0.01 par value shares of beneficial interest
(unlimited number of shares authorized) (not in 000's)
|
—
|
985,451,553
|
3,485,746,825
|
—
|
|
Net Asset Value, Offering and Redemption Price Per Share
|
$—
|
$1.0000
|
$1.000
|
$—
|
|
IMPACT CLASS:
|
|
|
|
|
|
Net Assets
|
$—
|
$15,151
|
$1,050,885
|
$—
|
|
Shares Outstanding $0.01 par value shares of beneficial interest
(unlimited number of shares authorized) (not in 000's)
|
—
|
15,153,047
|
1,051,034,531
|
—
|
|
Net Asset Value, Offering and Redemption Price Per Share
|
$—
|
$1.0001
|
$1.000
|
$—
|
|
|
Money Market
Portfolio
(000)
|
Prime
Portfolio
(000)
|
Government
Portfolio
(000)
|
Government
Securities
Portfolio
(000)
|
|
IMPACT PARTNER CLASS:
|
|
|
|
|
|
Net Assets
|
$60,016
|
$19,609
|
$893,222
|
$—
|
|
Shares Outstanding $0.01 par value shares of beneficial interest
(unlimited number of shares authorized) (not in 000's)
|
60,016,990
|
19,609,762
|
893,180,691
|
—
|
|
Net Asset Value, Offering and Redemption Price Per Share
|
$1.000
|
$1.0000
|
$1.000
|
$—
|
|
ADVISOR CLASS:
|
|
|
|
|
|
Net Assets
|
$99,639
|
$—
|
$116,587
|
$—
|
|
Shares Outstanding $0.01 par value shares of beneficial interest
(unlimited number of shares authorized) (not in 000's)
|
99,639,126
|
—
|
116,584,912
|
—
|
|
Net Asset Value, Offering and Redemption Price Per Share
|
$1.000
|
$—
|
$1.000
|
$—
|
|
INSTITUTIONAL PLUS CLASS:
|
|
|
|
|
|
Net Assets
|
$—
|
$—
|
$51
|
$—
|
|
Shares Outstanding $0.01 par value shares of beneficial interest
(unlimited number of shares authorized) (not in 000's)
|
—
|
—
|
51,291
|
—
|
|
Net Asset Value, Offering and Redemption Price Per Share
|
$—
|
$—
|
$1.000
|
$—
|
|
@
|
Amount is less than $500.
|
|
|
Treasury
Portfolio
(000)
|
Treasury
Securities
Portfolio
(000)
|
Tax-Exempt
Portfolio
(000)
|
Stablecoin
Reserves
Portfolio
(000)
|
|
Assets:
|
|
|
|
|
|
Investments in Securities of Unaffiliated Issuers, at Cost
|
$33,779,353
|
$66,425,812
|
$614,950
|
$495
|
|
Total Investments in Securities, at Value(1)
|
33,779,353
|
66,425,812
|
614,950
|
495
|
|
Cash
|
1,000,752
|
1,880,093
|
99
|
6
|
|
Receivable for Investments Sold
|
247,034
|
1,943,410
|
—
|
—
|
|
Interest Receivable
|
99,838
|
45,333
|
2,945
|
—
@
|
|
Receivable for Portfolio Shares Sold
|
1,221
|
—
|
—
@
|
—
|
|
Prepaid Offering Costs
|
—
|
—
|
—
|
159
|
|
Due from Adviser
|
—
|
—
|
—
|
22
|
|
Other Assets
|
1,371
|
1,801
|
227
|
—
|
|
Total Assets
|
35,129,569
|
70,296,449
|
618,221
|
682
|
|
Liabilities:
|
|
|
|
|
|
Payable for Investments Purchased
|
905,874
|
7,106,082
|
18,264
|
—
|
|
Dividends Payable
|
44,830
|
35,632
|
17
|
1
|
|
Payable for Advisory Fees
|
4,202
|
7,406
|
13
|
—
|
|
Payable for Portfolio Shares Redeemed
|
1,031
|
9,972
|
157
|
—
|
|
Payable for Administration Fees
|
1,458
|
2,567
|
23
|
—
@
|
|
Payable for Administration Plan Fees — Wealth S/ Institutional Select Class
|
181
|
—
@
|
—
@
|
—
|
|
Payable for Administration Plan Fees — Investor Class
|
7
|
10
|
—
|
—
|
|
Payable for Administration Plan Fees — Administrative Class
|
6
|
9
|
—
|
—
|
|
Payable for Service and Shareholder Administration Plan Fees —
Advisory Class
|
102
|
4
|
—
|
—
|
|
Payable for Distribution Plan and Shareholder Services Plan Fees —
Participant Class
|
2,050
|
9
|
—
|
—
|
|
Payable for Distribution Plan and Shareholder Services Plan Fees —
Cash Management Class
|
—
@
|
1
|
—
@
|
—
|
|
Payable for Distribution Plan and Shareholder Services Plan Fees —
Select Class
|
—
@
|
—
@
|
—
@
|
—
|
|
Payable for Impact Partner Class
|
—
|
—
|
—
|
—
|
|
Payable for Administration Plan Fees — Institutional Plus Class
|
—
@
|
—
@
|
—
|
—
|
|
Payable for Custodian Fees
|
278
|
471
|
11
|
—
@
|
|
Payable for Professional Fees
|
81
|
31
|
44
|
15
|
|
Payable for Offering Costs
|
—
|
—
|
—
|
166
|
|
Payable for Transfer Agency Fees
|
14
|
23
|
10
|
—
@
|
|
Other Liabilities
|
1,101
|
1,511
|
22
|
—
@
|
|
Total Liabilities
|
961,215
|
7,163,728
|
18,561
|
182
|
|
Net Assets
|
$34,168,354
|
$63,132,721
|
$599,660
|
$500
|
|
Net Assets Consist of:
|
|
|
|
|
|
Paid-in-Capital
|
$34,177,881
|
$63,141,710
|
$599,685
|
$500
|
|
Total Accumulated Loss
|
(9,527
)
|
(8,989
)
|
(25
)
|
—
|
|
Net Assets
|
$34,168,354
|
$63,132,721
|
$599,660
|
$500
|
|
(1)Including:
|
|
|
|
|
|
Repurchase Agreements, at Value
|
$21,693,387
|
$—
|
$—
|
$350
|
|
|
Treasury
Portfolio
(000)
|
Treasury
Securities
Portfolio
(000)
|
Tax-Exempt
Portfolio
(000)
|
Stablecoin
Reserves
Portfolio
(000)
|
|
WEALTH/INSTITUTIONAL CLASS:
|
|
|
|
|
|
Net Assets
|
$24,184,439
|
$62,898,919
|
$599,312
|
$500
|
|
Shares Outstanding $0.01 par value shares of beneficial interest
(unlimited number of shares authorized) (not in 000's)
|
24,189,906,252
|
62,907,018,904
|
599,326,505
|
500,000
|
|
Net Asset Value, Offering and Redemption Price Per Share
|
$1.000
|
$1.000
|
$1.000
|
$1.000
|
|
WEALTH S/INSTITUTIONAL SELECT CLASS:
|
|
|
|
|
|
Net Assets
|
$4,598,278
|
$4,809
|
$56
|
$—
|
|
Shares Outstanding $0.01 par value shares of beneficial interest
(unlimited number of shares authorized) (not in 000's)
|
4,600,543,537
|
4,813,889
|
56,305
|
—
|
|
Net Asset Value, Offering and Redemption Price Per Share
|
$1.000
|
$1.000
|
$1.000
|
$—
|
|
INVESTOR CLASS:
|
|
|
|
|
|
Net Assets
|
$81,628
|
$115,447
|
$—
|
$—
|
|
Shares Outstanding $0.01 par value shares of beneficial interest
(unlimited number of shares authorized) (not in 000's)
|
81,652,890
|
115,445,455
|
—
|
—
|
|
Net Asset Value, Offering and Redemption Price Per Share
|
$1.000
|
$1.000
|
$—
|
$—
|
|
ADMINISTRATIVE CLASS:
|
|
|
|
|
|
Net Assets
|
$47,692
|
$70,158
|
$—
|
$—
|
|
Shares Outstanding $0.01 par value shares of beneficial interest
(unlimited number of shares authorized) (not in 000's)
|
47,692,788
|
70,162,805
|
—
|
—
|
|
Net Asset Value, Offering and Redemption Price Per Share
|
$1.000
|
$1.000
|
$—
|
$—
|
|
ADVISORY CLASS:
|
|
|
|
|
|
Net Assets
|
$502,862
|
$16,629
|
$—
|
$—
|
|
Shares Outstanding $0.01 par value shares of beneficial interest
(unlimited number of shares authorized) (not in 000's)
|
502,987,864
|
16,635,606
|
—
|
—
|
|
Net Asset Value, Offering and Redemption Price Per Share
|
$1.000
|
$1.000
|
$—
|
$—
|
|
PARTICIPANT CLASS:
|
|
|
|
|
|
Net Assets
|
$4,598,177
|
$20,502
|
$—
|
$—
|
|
Shares Outstanding $0.01 par value shares of beneficial interest
(unlimited number of shares authorized) (not in 000's)
|
4,598,720,928
|
20,510,800
|
—
|
—
|
|
Net Asset Value, Offering and Redemption Price Per Share
|
$1.000
|
$1.000
|
$—
|
$—
|
|
CASH MANAGEMENT CLASS:
|
|
|
|
|
|
Net Assets
|
$2,014
|
$5,948
|
$192
|
$—
|
|
Shares Outstanding $0.01 par value shares of beneficial interest
(unlimited number of shares authorized) (not in 000's)
|
2,013,107
|
5,952,251
|
192,082
|
—
|
|
Net Asset Value, Offering and Redemption Price Per Share
|
$1.000
|
$1.000
|
$1.000
|
$—
|
|
SELECT CLASS:
|
|
|
|
|
|
Net Assets
|
$58
|
$58
|
$50
|
$—
|
|
Shares Outstanding $0.01 par value shares of beneficial interest
(unlimited number of shares authorized) (not in 000's)
|
57,831
|
57,700
|
50,000
|
—
|
|
Net Asset Value, Offering and Redemption Price Per Share
|
$1.000
|
$1.000
|
$1.000
|
$—
|
|
IMPACT CLASS:
|
|
|
|
|
|
Net Assets
|
$—
|
$50
|
$—
|
$—
|
|
Shares Outstanding $0.01 par value shares of beneficial interest
(unlimited number of shares authorized) (not in 000's)
|
—
|
50,000
|
—
|
—
|
|
Net Asset Value, Offering and Redemption Price Per Share
|
$—
|
$1.000
|
$—
|
$—
|
|
IMPACT PARTNER CLASS:
|
|
|
|
|
|
Net Assets
|
$—
|
$50
|
$—
|
$—
|
|
Shares Outstanding $0.01 par value shares of beneficial interest
(unlimited number of shares authorized) (not in 000's)
|
—
|
50,000
|
—
|
—
|
|
Net Asset Value, Offering and Redemption Price Per Share
|
$—
|
$1.000
|
$—
|
$—
|
|
|
Treasury
Portfolio
(000)
|
Treasury
Securities
Portfolio
(000)
|
Tax-Exempt
Portfolio
(000)
|
Stablecoin
Reserves
Portfolio
(000)
|
|
ADVISOR CLASS:
|
|
|
|
|
|
Net Assets
|
$153,155
|
$50
|
$50
|
$—
|
|
Shares Outstanding $0.01 par value shares of beneficial interest
(unlimited number of shares authorized) (not in 000's)
|
153,150,549
|
50,000
|
50,000
|
—
|
|
Net Asset Value, Offering and Redemption Price Per Share
|
$1.000
|
$1.000
|
$1.000
|
$—
|
|
INSTITUTIONAL PLUS CLASS:
|
|
|
|
|
|
Net Assets
|
$51
|
$51
|
$—
|
$—
|
|
Shares Outstanding $0.01 par value shares of beneficial interest
(unlimited number of shares authorized) (not in 000's)
|
51,273
|
51,265
|
—
|
—
|
|
Net Asset Value, Offering and Redemption Price Per Share
|
$1.000
|
$1.000
|
$—
|
$—
|
|
DAP CLASS:
|
|
|
|
|
|
Net Assets
|
$—
|
$50
|
$—
|
$—
|
|
Shares Outstanding $0.01 par value shares of beneficial interest
(unlimited number of shares authorized) (not in 000's)
|
—
|
50,411
|
—
|
—
|
|
Net Asset Value, Offering and Redemption Price Per Share
|
$—
|
$1.000
|
$—
|
$—
|
|
@
|
Amount is less than $500.
|
|
|
Money Market
Portfolio
(000)
|
Prime
Portfolio
(000)
|
Government
Portfolio
(000)
|
Government
Securities
Portfolio
(000)
|
|
Investment Income:
|
|
|
|
|
|
Interest
|
$72,070
|
$267,889
|
$3,899,955
|
$86,225
|
|
Expenses:
|
|
|
|
|
|
Advisory Fees (Note B)
|
2,723
|
10,143
|
153,711
|
3,406
|
|
Administration Fees (Note C)
|
908
|
3,381
|
51,237
|
1,135
|
|
Registration Fees
|
153
|
117
|
221
|
827
|
|
Professional Fees
|
135
|
148
|
154
|
129
|
|
Custodian Fees (Note F)
|
54
|
111
|
1,167
|
55
|
|
Transfer Agency Fees (Note E)
|
51
|
123
|
154
|
10
|
|
Trustees' Fees and Expenses
|
23
|
84
|
1,176
|
32
|
|
Shareholder Reporting Fees
|
19
|
23
|
123
|
41
|
|
Pricing Fees
|
12
|
97
|
30
|
17
|
|
Administration Plan Fees — Wealth S/Institutional Select Class (Note D)
|
—
@
|
9
|
2,170
|
—
@
|
|
Administration Plan Fees — Investor Class (Note D)
|
—
|
—
|
3,580
|
—
@
|
|
Administration Plan Fees — Administrative Class (Note D)
|
—
|
—
|
473
|
—
@
|
|
Administration Plan Fees — Institutional Plus Class (Note D)
|
—
|
—
|
—
@
|
—
|
|
Service and Shareholder Administration Plan Fees — Advisory Class (Note D)
|
—
@
|
—
@
|
2,922
|
18
|
|
Distribution Plan and Shareholder Services Plan Fees — Participant Class (Note D)
|
—
@
|
—
|
7,887
|
9,870
|
|
Distribution Plan and Shareholder Services Plan Fees — Cash Management Class (Note D)
|
1
|
—
@
|
—
@
|
—
@
|
|
Distribution Plan and Shareholder Services Plan Fees — Select Class (Note D)
|
—
@
|
—
|
—
@
|
—
|
|
Other Expenses
|
42
|
127
|
698
|
73
|
|
Total Expenses
|
4,121
|
14,363
|
225,703
|
15,613
|
|
Waiver of Advisory Fees (Note B)
|
(853
)
|
(829
)
|
(54,961
)
|
(1,183
)
|
|
Waiver of Distribution Plan and Shareholder Services Plan Fees — Participant Class (Note D)
|
—
|
—
|
—
|
(4,935
)
|
|
Net Expenses
|
3,268
|
13,534
|
170,742
|
9,495
|
|
Net Investment Income
|
68,802
|
254,355
|
3,729,213
|
76,730
|
|
Realized Gain:
|
|
|
|
|
|
Investments Sold
|
26
|
208
|
2,845
|
554
|
|
Change in Unrealized Appreciation (Depreciation):
|
|
|
|
|
|
Investments
|
—
|
(2,014
)
|
—
|
—
|
|
Net Realized Gain (Loss) and Change in Unrealized Appreciation (Depreciation)
|
26
|
(1,806
)
|
2,845
|
554
|
|
Net Increase in Net Assets Resulting from Operations
|
$68,828
|
$252,549
|
$3,732,058
|
$77,284
|
|
@
|
Amount is less than $500.
|
|
|
Treasury
Portfolio
(000)
|
Treasury
Securities
Portfolio
(000)
|
Tax-Exempt
Portfolio
(000)
|
Stablecoin
Reserves
Portfolio(1)
(000)
|
|
Investment Income:
|
|
|
|
|
|
Interest
|
$647,353
|
$1,121,748
|
$7,130
|
$1
|
|
Expenses:
|
|
|
|
|
|
Advisory Fees (Note B)
|
25,486
|
44,347
|
422
|
—
@
|
|
Administration Plan Fees — Wealth S/Institutional Select Class (Note D)
|
994
|
1
|
—
@
|
—
|
|
Administration Plan Fees — Investor Class (Note D)
|
42
|
48
|
—
|
—
|
|
Administration Plan Fees — Administrative Class (Note D)
|
34
|
71
|
—
|
—
|
|
Administration Plan Fees — Institutional Plus Class (Note D)
|
—
@
|
—
@
|
—
|
—
|
|
Service and Shareholder Administration Plan Fees — Advisory Class (Note D)
|
571
|
22
|
—
|
—
|
|
Distribution Plan and Shareholder Services Plan Fees — Participant Class (Note D)
|
10,278
|
54
|
—
|
—
|
|
Distribution Plan and Shareholder Services Plan Fees — Cash Management Class (Note D)
|
1
|
5
|
—
@
|
—
|
|
Distribution Plan and Shareholder Services Plan Fees — Select Class (Note D)
|
—
@
|
—
@
|
—
@
|
—
|
|
Administration Fees (Note C)
|
8,495
|
14,782
|
141
|
—
@
|
|
Custodian Fees (Note F)
|
249
|
438
|
11
|
—
@
|
|
Trustees' Fees and Expenses
|
204
|
356
|
4
|
—
|
|
Professional Fees
|
159
|
205
|
121
|
15
|
|
Registration Fees
|
109
|
166
|
93
|
—
|
|
Transfer Agency Fees (Note E)
|
50
|
71
|
29
|
—
@
|
|
Shareholder Reporting Fees
|
22
|
76
|
10
|
—
@
|
|
Pricing Fees
|
19
|
17
|
13
|
—
@
|
|
Offering Costs
|
—
|
—
|
—
|
7
|
|
Other Expenses
|
172
|
261
|
37
|
—
|
|
Total Expenses
|
46,885
|
60,920
|
881
|
22
|
|
Waiver of Advisory Fees (Note B)
|
(985
)
|
(1,590
)
|
(318
)
|
(—
@)
|
|
Waiver of Administration Fees (Note C)
|
—
|
—
|
—
|
(—
@)
|
|
Expenses Reimbursed by Adviser (Note B)
|
—
|
—
|
—
|
(22
)
|
|
Net Expenses
|
45,900
|
59,330
|
563
|
—
|
|
Net Investment Income
|
601,453
|
1,062,418
|
6,567
|
1
|
|
Realized Gain:
|
|
|
|
|
|
Investments Sold
|
682
|
1,935
|
—
|
—
@
|
|
Net Increase in Net Assets Resulting from Operations
|
$602,135
|
$1,064,353
|
$6,567
|
$1
|
|
@
|
Amount is less than $500.
|
|
(1)
|
Commencement of Operations April 16, 2026.
|
|
|
Money Market
Portfolio
|
Prime
Portfolio
|
||
|
|
Six Months Ended
April 30, 2026
(unaudited)
(000)
|
Year Ended
October 31, 2025
(000)
|
Six Months Ended
April 30, 2026
(unaudited)
(000)
|
Year Ended
October 31, 2025
(000)
|
|
Increase (Decrease) in Net Assets:
|
|
|
|
|
|
Operations:
|
|
|
|
|
|
Net Investment Income
|
$68,802
|
$153,359
|
$254,355
|
$571,206
|
|
Net Realized Gain
|
26
|
42
|
208
|
561
|
|
Net Change in Unrealized Appreciation (Depreciation)
|
—
|
—
|
(2,014
)
|
(2,436
)
|
|
Net Increase in Net Assets Resulting from Operations
|
68,828
|
153,401
|
252,549
|
569,331
|
|
Dividends and Distributions to Shareholders:
|
|
|
|
|
|
Wealth/Institutional Class
|
(66,665
)
|
(150,813
)
|
(233,639
)
|
(510,757
)
|
|
Wealth S/Institutional Select Class
|
(1
)
|
(3
)
|
(703
)
|
(1,500
)
|
|
Advisory Class
|
(1
)
|
(2
)
|
(1
)
|
(2
)
|
|
Participant Class
|
(1
)
|
(2
)
|
—
|
—
|
|
Cash Management Class
|
(27
)
|
(68
)
|
(6
)
|
(15
)
|
|
Select Class
|
(1
)
|
(2
)
|
—
|
—
|
|
CastleOak Shares Class
|
—
|
—
|
(18,074
)
|
(53,436
)
|
|
Impact Class
|
—
|
—
|
(17
)
|
(424
)
|
|
Impact Partner Class
|
(579
)
|
(88
)
|
(1,915
)
|
(5,071
)
|
|
Advisor Class
|
(1,526
)
|
(2,380
)
|
—
|
—
|
|
Total Dividends and Distributions to Shareholders
|
(68,801
)
|
(153,358
)
|
(254,355
)
|
(571,205
)
|
|
Capital Share Transactions:(1)
|
|
|
|
|
|
Wealth/Institutional Class:
|
|
|
|
|
|
Subscribed
|
2,137,997
|
5,045,187
|
25,640,062
|
44,399,888
|
|
Distributions Reinvested
|
66,512
|
148,342
|
168,916
|
351,913
|
|
Redeemed
|
(2,330,024
)
|
(4,513,589
)
|
(25,463,530
)
|
(44,561,851
)
|
|
Wealth S/Institutional Select Class:
|
|
|
|
|
|
Subscribed
|
—
|
—
|
20,554
|
36,520
|
|
Distributions Reinvested
|
1
|
3
|
713
|
1,490
|
|
Redeemed
|
—
|
—
|
(22,085
)
|
(26,120
)
|
|
Advisory Class:
|
|
|
|
|
|
Distributions Reinvested
|
1
|
2
|
1
|
2
|
|
Participant Class:
|
|
|
|
|
|
Distributions Reinvested
|
1
|
2
|
—
|
—
|
|
Cash Management Class:
|
|
|
|
|
|
Distributions Reinvested
|
27
|
68
|
7
|
15
|
|
Redeemed
|
(109
)
|
(327
)
|
(—
@)
|
(4
)
|
|
Select Class:
|
|
|
|
|
|
Distributions Reinvested
|
1
|
2
|
—
|
—
|
|
CastleOak Shares Class:
|
|
|
|
|
|
Subscribed
|
—
|
—
|
186,022
|
1,474,178
|
|
Distributions Reinvested
|
—
|
—
|
16,170
|
46,663
|
|
Redeemed
|
—
|
—
|
(213,912
)
|
(1,790,944
)
|
|
Impact Class:
|
|
|
|
|
|
Subscribed
|
—
|
—
|
86,203
|
384,899
|
|
Redeemed
|
—
|
—
|
(71,101
)
|
(684,762
)
|
|
Impact Partner Class:
|
|
|
|
|
|
Subscribed
|
59,927
|
18,500
|
198,586
|
523,511
|
|
Distributions Reinvested
|
573
|
80
|
—
|
—
|
|
Redeemed
|
(15,334
)
|
(3,779
)
|
(253,985
)
|
(916,732
)
|
|
Advisor Class:
|
|
|
|
|
|
Subscribed
|
130,164
|
163,483
|
—
|
—
|
|
Distributions Reinvested
|
1,540
|
2,364
|
—
|
—
|
|
Redeemed
|
(100,088
)
|
(135,383
)
|
—
|
—
|
|
Net Increase (Decrease) in Net Assets Resulting from
Capital Share Transactions
|
(48,811
)
|
724,955
|
292,621
|
(761,334
)
|
|
Total Increase (Decrease) in Net Assets
|
(48,784
)
|
724,998
|
290,815
|
(763,208
)
|
|
Net Assets:
|
|
|
|
|
|
Beginning of Period
|
3,668,415
|
2,943,417
|
12,986,467
|
13,749,675
|
|
End of Period
|
$3,619,631
|
$3,668,415
|
$13,277,282
|
$12,986,467
|
|
|
Money Market
Portfolio
|
Prime
Portfolio
|
||
|
|
Six Months Ended
April 30, 2026
(unaudited)
(000)
|
Year Ended
October 31, 2025
(000)
|
Six Months Ended
April 30, 2026
(unaudited)
(000)
|
Year Ended
October 31, 2025
(000)
|
|
(1) Capital Share Transactions:
|
|
|
|
|
|
Wealth/Institutional Class:
|
|
|
|
|
|
Shares Subscribed
|
2,137,997
|
5,045,187
|
25,635,226
|
44,391,962
|
|
Shares Issued on Distributions Reinvested
|
66,512
|
148,342
|
168,882
|
351,855
|
|
Shares Redeemed
|
(2,330,024
)
|
(4,513,589
)
|
(25,458,967
)
|
(44,553,864
)
|
|
Net Increase (Decrease) in Wealth/Institutional Class
Shares Outstanding
|
(125,515
)
|
679,941
|
345,141
|
189,953
|
|
Wealth S/Institutional Select Class:
|
|
|
|
|
|
Shares Subscribed
|
—
|
—
|
20,557
|
36,525
|
|
Shares Issued on Distributions Reinvested
|
1
|
3
|
713
|
1,490
|
|
Shares Redeemed
|
—
|
—
|
(22,088
)
|
(26,121
)
|
|
Net Increase (Decrease) in Wealth S/Institutional Select Class
Shares Outstanding
|
1
|
3
|
(818
)
|
11,894
|
|
Advisory Class:
|
|
|
|
|
|
Shares Issued on Distributions Reinvested
|
1
|
2
|
1
|
2
|
|
Participant Class:
|
|
|
|
|
|
Shares Issued on Distributions Reinvested
|
1
|
2
|
—
|
—
|
|
Cash Management Class:
|
|
|
|
|
|
Shares Issued on Distributions Reinvested
|
27
|
68
|
7
|
15
|
|
Shares Redeemed
|
(109
)
|
(327
)
|
(—
@@)
|
(4
)
|
|
Net Increase (Decrease) in Cash Management Class
Shares Outstanding
|
(82
)
|
(259
)
|
7
|
11
|
|
Select Class:
|
|
|
|
|
|
Shares Issued on Distributions Reinvested
|
1
|
2
|
—
|
—
|
|
CastleOak Shares Class:
|
|
|
|
|
|
Shares Subscribed
|
—
|
—
|
185,995
|
1,473,890
|
|
Shares Issued on Distributions Reinvested
|
—
|
—
|
16,167
|
46,657
|
|
Shares Redeemed
|
—
|
—
|
(213,896
)
|
(1,790,650
)
|
|
Net Decrease in CastleOak Shares Class
Shares Outstanding
|
—
|
—
|
(11,734
)
|
(270,103
)
|
|
Impact Class:
|
|
|
|
|
|
Shares Subscribed
|
—
|
—
|
86,195
|
384,836
|
|
Shares Redeemed
|
—
|
—
|
(71,092
)
|
(684,616
)
|
|
Net Increase (Decrease) in Impact Class
Shares Outstanding
|
—
|
—
|
15,103
|
(299,780
)
|
|
Impact Partner Class:
|
|
|
|
|
|
Shares Subscribed
|
59,927
|
18,500
|
198,539
|
523,409
|
|
Shares Issued on Distributions Reinvested
|
573
|
80
|
—
|
—
|
|
Shares Redeemed
|
(15,334
)
|
(3,779
)
|
(253,949
)
|
(916,586
)
|
|
Net Increase (Decrease) in Impact Partner Class
Shares Outstanding
|
45,166
|
14,801
|
(55,410
)
|
(393,177
)
|
|
Advisor Class:
|
|
|
|
|
|
Shares Subscribed
|
130,164
|
163,483
|
—
|
—
|
|
Shares Issued on Distributions Reinvested
|
1,540
|
2,364
|
—
|
—
|
|
Shares Redeemed
|
(100,088
)
|
(135,383
)
|
—
|
—
|
|
Net Increase in Advisor Class
Shares Outstanding
|
31,616
|
30,464
|
—
|
—
|
|
@
|
Amount is less than $500.
|
|
@@
|
Amount is less than 500 shares.
|
|
|
Government
Portfolio
|
Government
Securities
Portfolio
|
||
|
|
Six Months Ended
April 30, 2026
(unaudited)
(000)
|
Year Ended
October 31, 2025
(000)
|
Six Months Ended
April 30, 2026
(unaudited)
(000)
|
Year Ended
October 31, 2025
(000)
|
|
Increase (Decrease) in Net Assets:
|
|
|
|
|
|
Operations:
|
|
|
|
|
|
Net Investment Income
|
$3,729,213
|
$7,443,304
|
$76,730
|
$211,380
|
|
Net Realized Gain
|
2,845
|
3,718
|
554
|
308
|
|
Net Increase in Net Assets Resulting from Operations
|
3,732,058
|
7,447,022
|
77,284
|
211,688
|
|
Dividends and Distributions to Shareholders:
|
|
|
|
|
|
Institutional Class
|
(3,243,137
)
|
(6,361,591
)
|
(10,454
)
|
(34,713
)
|
|
Institutional Select Class
|
(156,356
)
|
(262,760
)
|
(1
)
|
(2
)
|
|
Investor Class
|
(127,585
)
|
(276,349
)
|
(1
)
|
(2
)
|
|
Administrative Class
|
(11,100
)
|
(17,284
)
|
(1
)
|
(2
)
|
|
Advisory Class
|
(39,889
)
|
(119,508
)
|
(238
)
|
(1,601
)
|
|
Participant Class
|
(49,865
)
|
(115,426
)
|
(66,032
)
|
(175,053
)
|
|
Cash Management Class
|
(3
)
|
(17
)
|
(2
)
|
(5
)
|
|
Select Class
|
(1
)
|
(2
)
|
—
|
—
|
|
CastleOak Shares Class
|
(58,995
)
|
(164,776
)
|
—
|
—
|
|
Impact Class
|
(26,404
)
|
(67,415
)
|
—
|
—
|
|
Impact Partner Class
|
(13,997
)
|
(56,064
)
|
—
|
—
|
|
Advisor Class
|
(1,878
)
|
(2,112
)
|
—
|
—
|
|
Institutional Plus Class
|
(1
)
|
(—
@)
|
—
|
—
|
|
Total Dividends and Distributions to Shareholders
|
(3,729,211
)
|
(7,443,304
)
|
(76,729
)
|
(211,378
)
|
|
Capital Share Transactions:(1)
|
|
|
|
|
|
Institutional Class:
|
|
|
|
|
|
Subscribed
|
710,608,004
|
1,181,190,016
|
2,107,252
|
5,219,820
|
|
Distributions Reinvested
|
1,665,208
|
3,173,277
|
5,967
|
22,068
|
|
Redeemed
|
(666,379,553
)
|
(1,169,881,764
)
|
(2,397,248
)
|
(5,524,958
)
|
|
Institutional Select Class:
|
|
|
|
|
|
Subscribed
|
14,973,358
|
28,612,955
|
—
|
—
|
|
Distributions Reinvested
|
154,045
|
250,846
|
1
|
2
|
|
Redeemed
|
(12,528,143
)
|
(27,350,441
)
|
—
|
—
|
|
Investor Class:
|
|
|
|
|
|
Subscribed
|
5,863,836
|
10,786,002
|
—
|
—
|
|
Distributions Reinvested
|
27
|
76
|
1
|
2
|
|
Redeemed
|
(5,901,378
)
|
(9,651,278
)
|
—
|
—
|
|
Administrative Class:
|
|
|
|
|
|
Subscribed
|
1,646,700
|
1,129,433
|
—
|
—
|
|
Distributions Reinvested
|
613
|
1,876
|
1
|
2
|
|
Redeemed
|
(1,911,011
)
|
(663,777
)
|
—
|
—
|
|
Advisory Class:
|
|
|
|
|
|
Subscribed
|
5,520,565
|
10,497,568
|
21,976
|
50,133
|
|
Distributions Reinvested
|
6,867
|
17,745
|
1
|
2
|
|
Redeemed
|
(5,288,888
)
|
(10,629,146
)
|
(21,541
)
|
(80,750
)
|
|
Participant Class:
|
|
|
|
|
|
Subscribed
|
2,733,433
|
5,239,555
|
63,832,822
|
115,949,858
|
|
Distributions Reinvested
|
5
|
11
|
66,994
|
174,159
|
|
Redeemed
|
(2,593,737
)
|
(5,227,490
)
|
(64,164,331
)
|
(115,321,746
)
|
|
Cash Management Class:
|
|
|
|
|
|
Distributions Reinvested
|
3
|
15
|
2
|
5
|
|
Redeemed
|
(25
)
|
(880
)
|
—
|
—
|
|
Select Class:
|
|
|
|
|
|
Distributions Reinvested
|
1
|
2
|
—
|
—
|
|
CastleOak Shares Class:
|
|
|
|
|
|
Subscribed
|
16,229,449
|
40,896,474
|
—
|
—
|
|
Distributions Reinvested
|
13,511
|
77,353
|
—
|
—
|
|
Redeemed
|
(15,829,289
)
|
(40,604,081
)
|
—
|
—
|
|
Impact Class:
|
|
|
|
|
|
Subscribed
|
57,649,152
|
102,871,069
|
—
|
—
|
|
Distributions Reinvested
|
17,744
|
47,490
|
—
|
—
|
|
Redeemed
|
(58,253,490
)
|
(102,799,345
)
|
—
|
—
|
|
|
Government
Portfolio
|
Government
Securities
Portfolio
|
||
|
|
Six Months Ended
April 30, 2026
(unaudited)
(000)
|
Year Ended
October 31, 2025
(000)
|
Six Months Ended
April 30, 2026
(unaudited)
(000)
|
Year Ended
October 31, 2025
(000)
|
|
Impact Partner Class:
|
|
|
|
|
|
Subscribed
|
$2,152,264
|
$4,501,584
|
$—
|
$—
|
|
Distributions Reinvested
|
12,565
|
53,393
|
—
|
—
|
|
Redeemed
|
(2,363,380
)
|
(4,406,765
)
|
—
|
—
|
|
Advisor Class:
|
|
|
|
|
|
Subscribed
|
147,682
|
178,362
|
—
|
—
|
|
Distributions Reinvested
|
1,892
|
2,095
|
—
|
—
|
|
Redeemed
|
(104,045
)
|
(131,411
)
|
—
|
—
|
|
Institutional Plus Class:
|
|
|
|
|
|
Subscribed
|
—
|
50
*
|
—
|
—
|
|
Distributions Reinvested
|
1
|
—
@*
|
—
|
—
|
|
Net Increase (Decrease) in Net Assets Resulting from
Capital Share Transactions
|
48,243,986
|
18,180,869
|
(548,103
)
|
488,597
|
|
Total Increase (Decrease) in Net Assets
|
48,246,833
|
18,184,587
|
(547,548
)
|
488,907
|
|
Net Assets:
|
|
|
|
|
|
Beginning of Period
|
173,292,614
|
155,108,027
|
5,658,934
|
5,170,027
|
|
End of Period
|
$221,539,447
|
$173,292,614
|
$5,111,386
|
$5,658,934
|
|
|
Government
Portfolio
|
Government
Securities
Portfolio
|
||
|
|
Six Months Ended
April 30, 2026
(unaudited)
(000)
|
Year Ended
October 31, 2025
(000)
|
Six Months Ended
April 30, 2026
(unaudited)
(000)
|
Year Ended
October 31, 2025
(000)
|
|
(1) Capital Share Transactions:
|
|
|
|
|
|
Institutional Class:
|
|
|
|
|
|
Shares Subscribed
|
710,608,004
|
1,181,190,016
|
2,107,252
|
5,219,820
|
|
Shares Issued on Distributions Reinvested
|
1,665,208
|
3,173,277
|
5,967
|
22,068
|
|
Shares Redeemed
|
(666,379,553
)
|
(1,169,881,764
)
|
(2,397,248
)
|
(5,524,958
)
|
|
Net Increase (Decrease) in Institutional Class
Shares Outstanding
|
45,893,659
|
14,481,529
|
(284,029
)
|
(283,070
)
|
|
Institutional Select Class:
|
|
|
|
|
|
Shares Subscribed
|
14,973,358
|
28,612,955
|
—
|
—
|
|
Shares Issued on Distributions Reinvested
|
154,045
|
250,846
|
1
|
2
|
|
Shares Redeemed
|
(12,528,143
)
|
(27,350,441
)
|
—
|
—
|
|
Net Increase in Institutional Select Class
Shares Outstanding
|
2,599,260
|
1,513,360
|
1
|
2
|
|
Investor Class:
|
|
|
|
|
|
Shares Subscribed
|
5,863,836
|
10,786,002
|
—
|
—
|
|
Shares Issued on Distributions Reinvested
|
27
|
76
|
1
|
2
|
|
Shares Redeemed
|
(5,901,378
)
|
(9,651,278
)
|
—
|
—
|
|
Net Increase (Decrease) in Investor Class
Shares Outstanding
|
(37,515
)
|
1,134,800
|
1
|
2
|
|
Administrative Class:
|
|
|
|
|
|
Shares Subscribed
|
1,646,700
|
1,129,433
|
—
|
—
|
|
Shares Issued on Distributions Reinvested
|
613
|
1,876
|
1
|
2
|
|
Shares Redeemed
|
(1,911,011
)
|
(663,777
)
|
—
|
—
|
|
Net Increase (Decrease) in Administrative Class
Shares Outstanding
|
(263,698
)
|
467,532
|
1
|
2
|
|
Advisory Class:
|
|
|
|
|
|
Shares Subscribed
|
5,520,565
|
10,497,568
|
21,976
|
50,133
|
|
Shares Issued on Distributions Reinvested
|
6,867
|
17,745
|
1
|
2
|
|
Shares Redeemed
|
(5,288,888
)
|
(10,629,146
)
|
(21,541
)
|
(80,750
)
|
|
Net Increase (Decrease) in Advisory Class
Shares Outstanding
|
238,544
|
(113,833
)
|
436
|
(30,615
)
|
|
Participant Class:
|
|
|
|
|
|
Shares Subscribed
|
2,733,433
|
5,239,555
|
63,832,822
|
115,949,858
|
|
Shares Issued on Distributions Reinvested
|
5
|
11
|
66,994
|
174,159
|
|
Shares Redeemed
|
(2,593,737
)
|
(5,227,490
)
|
(64,164,331
)
|
(115,321,746
)
|
|
Net Increase (Decrease) in Participant Class
Shares Outstanding
|
139,701
|
12,076
|
(264,515
)
|
802,271
|
|
Cash Management Class:
|
|
|
|
|
|
Shares Issued on Distributions Reinvested
|
3
|
15
|
2
|
5
|
|
Shares Redeemed
|
(25
)
|
(880
)
|
—
|
—
|
|
Net Increase (Decrease) in Cash Management Class
Shares Outstanding
|
(22
)
|
(865
)
|
2
|
5
|
|
Select Class:
|
|
|
|
|
|
Shares Issued on Distributions Reinvested
|
1
|
2
|
—
|
—
|
|
CastleOak Shares Class:
|
|
|
|
|
|
Shares Subscribed
|
16,229,449
|
40,896,474
|
—
|
—
|
|
Shares Issued on Distributions Reinvested
|
13,511
|
77,353
|
—
|
—
|
|
Shares Redeemed
|
(15,829,289
)
|
(40,604,081
)
|
—
|
—
|
|
Net Increase in Castleoak Shares Class
Shares Outstanding
|
413,671
|
369,746
|
—
|
—
|
|
|
Government
Portfolio
|
Government
Securities
Portfolio
|
||
|
|
Six Months Ended
April 30, 2026
(unaudited)
(000)
|
Year Ended
October 31, 2025
(000)
|
Six Months Ended
April 30, 2026
(unaudited)
(000)
|
Year Ended
October 31, 2025
(000)
|
|
Impact Class:
|
|
|
|
|
|
Shares Subscribed
|
57,649,152
|
102,871,069
|
—
|
—
|
|
Shares Issued on Distributions Reinvested
|
17,744
|
47,490
|
—
|
—
|
|
Shares Redeemed
|
(58,253,490
)
|
(102,799,345
)
|
—
|
—
|
|
Net Increase (Decrease) in Impact Class
Shares Outstanding
|
(586,594
)
|
119,214
|
—
|
—
|
|
Impact Partner Class:
|
|
|
|
|
|
Shares Subscribed
|
2,152,264
|
4,501,584
|
—
|
—
|
|
Shares Issued on Distributions Reinvested
|
12,565
|
53,393
|
—
|
—
|
|
Shares Redeemed
|
(2,363,380
)
|
(4,406,765
)
|
—
|
—
|
|
Net Increase (Decrease) in Impact Partner Class
Shares Outstanding
|
(198,551
)
|
148,212
|
—
|
—
|
|
Advisor Class:
|
|
|
|
|
|
Shares Subscribed
|
147,682
|
178,362
|
—
|
—
|
|
Shares Issued on Distributions Reinvested
|
1,892
|
2,095
|
—
|
—
|
|
Shares Redeemed
|
(104,045
)
|
(131,411
)
|
—
|
—
|
|
Net Increase in Advisor Class
Shares Outstanding
|
45,529
|
49,046
|
—
|
—
|
|
Institutional Plus Class:
|
|
|
|
|
|
Shares Subscribed
|
—
|
50
*
|
—
|
—
|
|
Shares Issued on Distributions Reinvested
|
1
|
—
@@*
|
—
|
—
|
|
Net Increase in Institutional Plus Class
Shares Outstanding
|
1
|
50
|
—
|
—
|
|
@
|
Value is less than $500
|
|
*
|
For the period August 26, 2025 through October 31, 2025.
|
|
@@
|
Amount is less than 500 shares.
|
|
|
Treasury
Portfolio
|
Treasury
Securities
Portfolio
|
||
|
|
Six Months Ended
April 30, 2026
(unaudited)
(000)
|
Year Ended
October 31, 2025
(000)
|
Six Months Ended
April 30, 2026
(unaudited)
(000)
|
Year Ended
October 31, 2025
(000)
|
|
Increase (Decrease) in Net Assets:
|
|
|
|
|
|
Operations:
|
|
|
|
|
|
Net Investment Income
|
$601,453
|
$1,362,523
|
$1,062,418
|
$2,298,477
|
|
Net Realized Gain
|
682
|
525
|
1,935
|
2,082
|
|
Net Increase in Net Assets Resulting from Operations
|
602,135
|
1,363,048
|
1,064,353
|
2,300,559
|
|
Dividends and Distributions to Shareholders:
|
|
|
|
|
|
Institutional Class
|
(454,110
)
|
(1,071,069
)
|
(1,058,285
)
|
(2,288,828
)
|
|
Institutional Select Class
|
(70,676
)
|
(144,013
)
|
(98
)
|
(309
)
|
|
Investor Class
|
(1,469
)
|
(7,529
)
|
(1,660
)
|
(1,753
)
|
|
Administrative Class
|
(784
)
|
(1,163
)
|
(1,626
)
|
(4,849
)
|
|
Advisory Class
|
(7,661
)
|
(17,460
)
|
(298
)
|
(577
)
|
|
Participant Class
|
(63,743
)
|
(115,853
)
|
(337
)
|
(1,872
)
|
|
Cash Management Class
|
(34
)
|
(116
)
|
(109
)
|
(280
)
|
|
Select Class
|
(1
)
|
(2
)
|
(1
)
|
(2
)
|
|
Impact Class
|
—
|
—
|
(1
)
|
(2
)
|
|
Impact Partner Class
|
—
|
—
|
(1
)
|
(2
)
|
|
Advisor Class
|
(2,974
)
|
(5,317
)
|
(1
)
|
(2
)
|
|
Institutional Plus Class
|
(1
)
|
(—
@)
|
(1
)
|
(—
@)
|
|
DAP Class
|
—
|
—
|
(—
@)
|
—
|
|
Total Dividends and Distributions to Shareholders
|
(601,453
)
|
(1,362,522
)
|
(1,062,418
)
|
(2,298,476
)
|
|
Capital Share Transactions:(1)
|
|
|
|
|
|
Institutional Class:
|
|
|
|
|
|
Subscribed
|
100,499,112
|
179,257,988
|
101,142,314
|
174,601,187
|
|
Distributions Reinvested
|
246,364
|
578,345
|
843,152
|
1,752,903
|
|
Redeemed
|
(103,318,767
)
|
(176,475,710
)
|
(95,290,913
)
|
(170,017,989
)
|
|
Institutional Select Class:
|
|
|
|
|
|
Subscribed
|
3,907,900
|
5,480,512
|
18,721
|
65,829
|
|
Distributions Reinvested
|
71,435
|
143,271
|
6
|
78
|
|
Redeemed
|
(2,955,170
)
|
(5,259,708
)
|
(22,625
)
|
(62,945
)
|
|
Investor Class:
|
|
|
|
|
|
Subscribed
|
834,321
|
1,749,218
|
115,023
|
132,564
|
|
Distributions Reinvested
|
1
|
2
|
22
|
43
|
|
Redeemed
|
(809,961
)
|
(1,766,877
)
|
(59,277
)
|
(89,540
)
|
|
Administrative Class:
|
|
|
|
|
|
Subscribed
|
33,739
|
59,366
|
42,231
|
217,903
|
|
Distributions Reinvested
|
73
|
168
|
1
|
2
|
|
Redeemed
|
(20,874
)
|
(40,674
)
|
(78,000
)
|
(226,570
)
|
|
Advisory Class:
|
|
|
|
|
|
Subscribed
|
1,071,165
|
2,056,642
|
21,139
|
46,670
|
|
Distributions Reinvested
|
1,264
|
2,988
|
140
|
324
|
|
Redeemed
|
(982,071
)
|
(2,056,941
)
|
(21,942
)
|
(34,705
)
|
|
Participant Class:
|
|
|
|
|
|
Subscribed
|
6,398,426
|
7,820,061
|
1,586
|
112,497
|
|
Distributions Reinvested
|
1,054
|
1,537
|
135
|
1,053
|
|
Redeemed
|
(5,102,194
)
|
(7,769,323
)
|
(4,880
)
|
(116,680
)
|
|
Cash Management Class:
|
|
|
|
|
|
Subscribed
|
—
|
—
@
|
—
|
—
|
|
Distributions Reinvested
|
34
|
113
|
109
|
279
|
|
Redeemed
|
(27
)
|
(1,549
)
|
(1,006
)
|
(388
)
|
|
Select Class:
|
|
|
|
|
|
Distributions Reinvested
|
1
|
2
|
1
|
2
|
|
Advisor Class:
|
|
|
|
|
|
Subscribed
|
189,718
|
492,905
|
—
|
—
|
|
Distributions Reinvested
|
3,004
|
5,284
|
—
|
—
|
|
Redeemed
|
(203,229
)
|
(376,799
)
|
—
|
—
|
|
Institutional Plus Class:
|
|
|
|
|
|
Subscribed
|
—
|
50
*
|
—
|
50
*
|
|
Distributions Reinvested
|
1
|
—
@*
|
1
|
—
@*
|
|
|
Treasury
Portfolio
|
Treasury
Securities
Portfolio
|
||
|
|
Six Months Ended
April 30, 2026
(unaudited)
(000)
|
Year Ended
October 31, 2025
(000)
|
Six Months Ended
April 30, 2026
(unaudited)
(000)
|
Year Ended
October 31, 2025
(000)
|
|
DAP Class:
|
|
|
|
|
|
Subscribed
|
$—
|
$—
|
$50
**
|
$—
|
|
Distributions Reinvested
|
—
|
—
|
—
@**
|
—
|
|
Net Increase (Decrease) in Net Assets Resulting from
Capital Share Transactions
|
(134,681
)
|
3,900,871
|
6,705,988
|
6,382,567
|
|
Total Increase (Decrease) in Net Assets
|
(133,999
)
|
3,901,397
|
6,707,923
|
6,384,650
|
|
Net Assets:
|
|
|
|
|
|
Beginning of Period
|
34,302,353
|
30,400,956
|
56,424,798
|
50,040,148
|
|
End of Period
|
$34,168,354
|
$34,302,353
|
$63,132,721
|
$56,424,798
|
|
|
Treasury
Portfolio
|
Treasury
Securities
Portfolio
|
||
|
|
Six Months Ended
April 30, 2026
(unaudited)
(000)
|
Year Ended
October 31, 2025
(000)
|
Six Months Ended
April 30, 2026
(unaudited)
(000)
|
Year Ended
October 31, 2025
(000)
|
|
(1) Capital Share Transactions:
|
|
|
|
|
|
Institutional Class:
|
|
|
|
|
|
Shares Subscribed
|
100,499,112
|
179,257,988
|
101,142,314
|
174,601,187
|
|
Shares Issued on Distributions Reinvested
|
246,364
|
578,345
|
843,152
|
1,752,903
|
|
Shares Redeemed
|
(103,318,767
)
|
(176,475,710
)
|
(95,290,913
)
|
(170,017,989
)
|
|
Net Increase (Decrease) in Institutional Class
Shares Outstanding
|
(2,573,291
)
|
3,360,623
|
6,694,553
|
6,336,101
|
|
Institutional Select Class:
|
|
|
|
|
|
Shares Subscribed
|
3,907,900
|
5,480,512
|
18,721
|
65,829
|
|
Shares Issued on Distributions Reinvested
|
71,435
|
143,271
|
6
|
78
|
|
Shares Redeemed
|
(2,955,170
)
|
(5,259,708
)
|
(22,625
)
|
(62,945
)
|
|
Net Increase (Decrease) in Institutional Select Class
Shares Outstanding
|
1,024,165
|
364,075
|
(3,898
)
|
2,962
|
|
Investor Class:
|
|
|
|
|
|
Shares Subscribed
|
834,321
|
1,749,218
|
115,023
|
132,564
|
|
Shares Issued on Distributions Reinvested
|
1
|
2
|
22
|
43
|
|
Shares Redeemed
|
(809,961
)
|
(1,766,877
)
|
(59,277
)
|
(89,540
)
|
|
Net Increase (Decrease) in Investor Class
Shares Outstanding
|
24,361
|
(17,657
)
|
55,768
|
43,067
|
|
Administrative Class:
|
|
|
|
|
|
Shares Subscribed
|
33,739
|
59,366
|
42,231
|
217,903
|
|
Shares Issued on Distributions Reinvested
|
73
|
168
|
1
|
2
|
|
Shares Redeemed
|
(20,874
)
|
(40,674
)
|
(78,000
)
|
(226,570
)
|
|
Net Increase (Decrease) in Administrative Class
Shares Outstanding
|
12,938
|
18,860
|
(35,768
)
|
(8,665
)
|
|
Advisory Class:
|
|
|
|
|
|
Shares Subscribed
|
1,071,165
|
2,056,642
|
21,139
|
46,670
|
|
Shares Issued on Distributions Reinvested
|
1,264
|
2,988
|
140
|
324
|
|
Shares Redeemed
|
(982,071
)
|
(2,056,941
)
|
(21,942
)
|
(34,705
)
|
|
Net Increase (Decrease) in Advisory Class
Shares Outstanding
|
90,358
|
2,689
|
(663
)
|
12,289
|
|
Participant Class:
|
|
|
|
|
|
Shares Subscribed
|
6,398,426
|
7,820,061
|
1,586
|
112,497
|
|
Shares Issued on Distributions Reinvested
|
1,054
|
1,537
|
135
|
1,053
|
|
Shares Redeemed
|
(5,102,194
)
|
(7,769,323
)
|
(4,880
)
|
(116,680
)
|
|
Net Increase (Decrease) in Participant Class
Shares Outstanding
|
1,297,286
|
52,275
|
(3,159
)
|
(3,130
)
|
|
Cash Management Class:
|
|
|
|
|
|
Shares Subscribed
|
—
|
—
@@
|
—
|
—
|
|
Shares Issued on Distributions Reinvested
|
34
|
113
|
109
|
279
|
|
Shares Redeemed
|
(27
)
|
(1,549
)
|
(1,006
)
|
(388
)
|
|
Net Increase (Decrease) in Cash Management Class
Shares Outstanding
|
7
|
(1,436
)
|
(897
)
|
(109
)
|
|
Select Class:
|
|
|
|
|
|
Shares Issued on Distributions Reinvested
|
1
|
2
|
1
|
2
|
|
Advisor Class:
|
|
|
|
|
|
Shares Subscribed
|
189,718
|
492,905
|
—
|
—
|
|
Shares Issued on Distributions Reinvested
|
3,004
|
5,284
|
—
|
—
|
|
Shares Redeemed
|
(203,229
)
|
(376,799
)
|
—
|
—
|
|
Net Increase (Decrease) in Advisor Class
Shares Outstanding
|
(10,507
)
|
121,390
|
—
|
—
|
|
|
Treasury
Portfolio
|
Treasury
Securities
Portfolio
|
||
|
|
Six Months Ended
April 30, 2026
(unaudited)
(000)
|
Year Ended
October 31, 2025
(000)
|
Six Months Ended
April 30, 2026
(unaudited)
(000)
|
Year Ended
October 31, 2025
(000)
|
|
Institutional Plus Class:
|
|
|
|
|
|
Shares Subscribed
|
—
|
50
*
|
—
|
50
*
|
|
Shares Issued on Distributions Reinvested
|
1
|
—
@@*
|
1
|
—
@@*
|
|
Net Increase in Institutional Plus Class
Shares Outstanding
|
1
|
50
|
1
|
50
|
|
DAP Class:
|
|
|
|
|
|
Shares Subscribed
|
—
|
—
|
50
**
|
—
|
|
Shares Issued on Distributions Reinvested
|
—
|
—
|
—
@@**
|
—
|
|
Net Increase in DAP Class
Shares Outstanding
|
—
|
—
|
50
|
—
|
|
@
|
Value is less than $500
|
|
*
|
For the period August 26, 2025 through October 31, 2025.
|
|
**
|
For the period February 5, 2026 through April 30, 2026.
|
|
@@
|
Amount is less than 500 shares.
|
|
|
Tax-Exempt
Portfolio
|
Stablecoin
Reserves
Portfolio
|
|
|
|
Six Months Ended
April 30, 2026
(unaudited)
(000)
|
Year Ended
October 31, 2025
(000)
|
Period from
April 16, 2026(2) to
April 30, 2026
(unaudited)
(000)
|
|
Increase (Decrease) in Net Assets:
|
|
|
|
|
Operations:
|
|
|
|
|
Net Investment Income
|
$6,567
|
$13,406
|
$1
|
|
Net Realized Gain (Loss)
|
—
|
(2
)
|
—@
|
|
Net Increase in Net Assets Resulting from Operations
|
6,567
|
13,404
|
1
|
|
Dividends and Distributions to Shareholders:
|
|
|
|
|
Wealth/Institutional Class
|
(6,563
)
|
(13,396
)
|
(1
)
|
|
Wealth S Class
|
(1
)
|
(1
)
|
—
|
|
Cash Management Class
|
(2
)
|
(5
)
|
—
|
|
Select Class
|
(—
@)
|
(1
)
|
—
|
|
Advisor Class
|
(1
)
|
(1
)
|
—
|
|
Total Dividends and Distributions to Shareholders
|
(6,567
)
|
(13,404
)
|
(1
)
|
|
Capital Share Transactions:(1)
|
|
|
|
|
Wealth/Institutional Class:
|
|
|
|
|
Subscribed
|
386,298
|
661,726
|
500
|
|
Distributions Reinvested
|
6,507
|
12,874
|
—
|
|
Redeemed
|
(311,542
)
|
(621,038
)
|
—
|
|
Wealth S Class:
|
|
|
|
|
Distributions Reinvested
|
1
|
1
|
—
|
|
Cash Management Class:
|
|
|
|
|
Distributions Reinvested
|
2
|
5
|
—
|
|
Redeemed
|
(—
@)
|
(—
@)
|
—
|
|
Net Increase in Net Assets Resulting from
Capital Share Transactions
|
81,266
|
53,568
|
500
|
|
Total Increase in Net Assets
|
81,266
|
53,568
|
500
|
|
Net Assets:
|
|
|
|
|
Beginning of Period
|
518,394
|
464,826
|
—
|
|
End of Period
|
$599,660
|
$518,394
|
$500
|
|
(1) Capital Share Transactions:
|
|
|
|
|
Wealth/Institutional Class:
|
|
|
|
|
Shares Subscribed
|
386,298
|
661,726
|
500
|
|
Shares Issued on Distributions Reinvested
|
6,507
|
12,874
|
—
|
|
Shares Redeemed
|
(311,542
)
|
(621,038
)
|
—
|
|
Net Increase in Wealth/Institutional Class
Shares Outstanding
|
81,263
|
53,562
|
500
|
|
Wealth S Class:
|
|
|
|
|
Shares Issued on Distributions Reinvested
|
1
|
1
|
—
|
|
Cash Management Class:
|
|
|
|
|
Shares Issued on Distributions Reinvested
|
2
|
5
|
—
|
|
Shares Redeemed
|
(—
@@)
|
(—
@@)
|
—
|
|
Net Increase in Cash Management Class
Shares Outstanding
|
2
|
5
|
—
|
|
(2)
|
Commencement of Operations.
|
|
@
|
Amount is less than $500.
|
|
@@
|
Amount is less than 500 shares.
|
|
|
Net Asset
Value,
Beginning
of Period
|
Net
Investment
Income
|
Net Realized and
Unrealized Gain
(Loss) on
Investments
|
Distributions
From Net
Investment
Income
|
Net Asset
Value,
End of
Period
|
|
Money Market Portfolio:
|
|
|
|
|
|
|
Wealth Class+
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.000
|
$0.019
(1)
|
$0.000
(2)
|
$(0.019
)
|
$1.000
|
|
Year Ended 10/31/25
|
1.000
|
0.044
(1)
|
0.000
(2)
|
(0.044
)
|
1.000
|
|
Year Ended 10/31/24
|
1.000
|
0.053
(1)
|
0.000
(2)
|
(0.053
)
|
1.000
|
|
Year Ended 10/31/23
|
1.001
|
0.048
(1)
|
0.000
(2)
|
(0.049
)
|
1.000
|
|
Year Ended 10/31/22
|
1.0009
|
0.0099
(1)
|
0.0002
(2)
|
(0.0103
)
|
1.0007
|
|
Year Ended 10/31/21
|
1.0010
|
0.0006
(1)
|
(0.0001
)(2)
|
(0.0006
)
|
1.0009
|
|
Wealth S Class++
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.000
|
$0.018
(1)
|
$0.000
(2)
|
$(0.018
)
|
$1.000
|
|
Year Ended 10/31/25
|
1.000
|
0.044
(1)
|
0.000
(2)
|
(0.044
)
|
1.000
|
|
Year Ended 10/31/24
|
1.000
|
0.053
(1)
|
0.000
(2)
|
(0.053
)
|
1.000
|
|
Year Ended 10/31/23
|
1.001
|
0.047
(1)
|
0.000
(2)
|
(0.048
)
|
1.000
|
|
Year Ended 10/31/22
|
1.0007
|
0.0096
(1)
|
0.0001
(2)
|
(0.0099
)
|
1.0005
|
|
Year Ended 10/31/21
|
1.0008
|
0.0004
(1)(2)
|
(0.0001
)(2)
|
(0.0004
)(2)
|
1.0007
|
|
Advisory Class
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.000
|
$0.017
(1)
|
$0.000
(2)
|
$(0.017
)
|
$1.000
|
|
Year Ended 10/31/25
|
1.000
|
0.042
(1)
|
0.000
(2)
|
(0.042
)
|
1.000
|
|
Year Ended 10/31/24
|
1.000
|
0.051
(1)
|
0.000
(2)
|
(0.051
)
|
1.000
|
|
Year Ended 10/31/23
|
1.001
|
0.045
(1)
|
0.000
(2)
|
(0.046
)
|
1.000
|
|
Year Ended 10/31/22
|
1.0011
|
0.0083
(1)
|
0.0002
(2)
|
(0.0087
)
|
1.0009
|
|
Year Ended 10/31/21
|
1.0012
|
0.0003
(1)(2)
|
(0.0001
)(2)
|
(0.0003
)(2)
|
1.0011
|
|
Participant Class
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.000
|
$0.016
(1)
|
$0.000
(2)
|
$(0.016
)
|
$1.000
|
|
Year Ended 10/31/25
|
1.000
|
0.039
(1)
|
0.000
(2)
|
(0.039
)
|
1.000
|
|
Year Ended 10/31/24
|
1.000
|
0.048
(1)
|
0.000
(2)
|
(0.048
)
|
1.000
|
|
Year Ended 10/31/23
|
1.001
|
0.043
(1)
|
0.000
(2)
|
(0.044
)
|
1.000
|
|
Year Ended 10/31/22
|
1.0007
|
0.0070
(1)
|
0.0002
(2)
|
(0.0074
)
|
1.0005
|
|
Year Ended 10/31/21
|
1.0008
|
0.0003
(1)(2)
|
(0.0001
)(2)
|
(0.0003
)(2)
|
1.0007
|
|
Cash Management Class
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.000
|
$0.018
(1)
|
$0.000
(2)
|
$(0.018
)
|
$1.000
|
|
Year Ended 10/31/25
|
1.000
|
0.043
(1)
|
0.000
(2)
|
(0.043
)
|
1.000
|
|
Year Ended 10/31/24
|
1.000
|
0.052
(1)
|
0.000
(2)
|
(0.052
)
|
1.000
|
|
Year Ended 10/31/23
|
1.001
|
0.046
(1)
|
0.000
(2)
|
(0.047
)
|
1.000
|
|
Year Ended 10/31/22
|
1.0007
|
0.0090
(1)
|
0.0001
(2)
|
(0.0093
)
|
1.0005
|
|
Year Ended 10/31/21
|
1.0007
|
0.0003
(1)(2)
|
0.0000
(2)
|
(0.0003
)(2)
|
1.0007
|
|
Select Class
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.000
|
$0.015
(1)
|
$0.000
(2)
|
$(0.015
)
|
$1.000
|
|
Year Ended 10/31/25
|
1.000
|
0.036
(1)
|
0.000
(2)
|
(0.036
)
|
1.000
|
|
Year Ended 10/31/24
|
1.000
|
0.045
(1)
|
0.000
(2)
|
(0.045
)
|
1.000
|
|
For the Period Ended 10/31/23(7)
|
1.000
|
0.042
(1)
|
(0.009
)
|
(0.033
)
|
1.000
|
|
Impact Partner Class
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.000
|
$0.019
(1)
|
$0.000
(2)
|
$(0.019
)
|
$1.000
|
|
Year Ended 10/31/25
|
1.000
|
0.044
(1)
|
0.000
(2)
|
(0.044
)
|
1.000
|
|
For the Period Ended 10/31/24(8)
|
1.000
|
0.035
(1)
|
0.000
(2)
|
(0.035
)
|
1.000
|
|
Advisor Class
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.000
|
$0.019
(1)
|
$0.000
(2)
|
$(0.019
)
|
$1.000
|
|
Year Ended 10/31/25
|
1.000
|
0.044
(1)
|
0.000
(2)
|
(0.044
)
|
1.000
|
|
For the Period Ended 10/31/24(9)
|
1.000
|
0.032
(1)
|
0.000
(2)
|
(0.032
)
|
1.000
|
|
Total
Return
|
Net
Assets,
End of
Period
(000)
|
Ratio of
Expenses to
Average Net
Assets
|
Ratio of
Expenses to Average
Net Assets
(Before Waivers/
Reimbursement)
|
Ratio of Net
Investment
Income
to Average
Net Assets
|
Ratio of
Net Investment
Income (Loss)
to Average
Net Assets
(Before Waivers/
Reimbursement)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1.90
%(3)
|
$3,458,295
|
0.18
%(4)
|
0.23
%(4)
|
3.79
%(4)
|
3.74
%(4)
|
|
4.51
%
|
3,583,782
|
0.18
%
|
0.23
%
|
4.42
%
|
4.37
%
|
|
5.48
%(5)
|
2,903,797
|
0.19
%
|
0.23
%
|
5.31
%
|
5.27
%
|
|
4.89
%
|
2,134,251
|
0.18
%
|
0.25
%
|
4.78
%
|
4.71
%
|
|
1.01
%
|
3,192,797
|
0.16
%
|
0.22
%
|
0.99
%
|
0.93
%
|
|
0.05
%
|
3,291,307
|
0.14
%
|
0.22
%
|
0.06
%
|
(0.02
)%
|
|
|
|
|
|
|
|
|
1.87
%(3)
|
$61
|
0.23
%(4)(6)
|
0.28
%(4)
|
3.74
%(4)
|
3.69
%(4)
|
|
4.45
%
|
60
|
0.23
%(6)
|
0.28
%
|
4.37
%
|
4.32
%
|
|
5.42
%(5)
|
57
|
0.24
%(6)
|
0.28
%
|
5.26
%
|
5.22
%
|
|
4.85
%
|
54
|
0.23
%(6)
|
0.30
%
|
4.73
%
|
4.66
%
|
|
0.98
%
|
53
|
0.19
%(6)
|
0.27
%
|
0.96
%
|
0.88
%
|
|
0.03
%
|
51
|
0.16
%(6)
|
0.27
%
|
0.04
%
|
(0.07
)%
|
|
|
|
|
|
|
|
|
1.77
%(3)
|
$60
|
0.43
%(4)(6)
|
0.48
%(4)
|
3.54
%(4)
|
3.49
%(4)
|
|
4.24
%
|
59
|
0.43
%(6)
|
0.48
%
|
4.17
%
|
4.12
%
|
|
5.21
%(5)
|
57
|
0.44
%(6)
|
0.48
%
|
5.06
%
|
5.02
%
|
|
4.60
%
|
54
|
0.43
%(6)
|
0.50
%
|
4.53
%
|
4.46
%
|
|
0.85
%
|
52
|
0.32
%(6)
|
0.47
%
|
0.83
%
|
0.68
%
|
|
0.02
%
|
51
|
0.17
%(6)
|
0.47
%
|
0.03
%
|
(0.27
)%
|
|
|
|
|
|
|
|
|
1.65
%(3)
|
$59
|
0.68
%(4)(6)
|
0.73
%(4)
|
3.29
%(4)
|
3.24
%(4)
|
|
3.98
%
|
58
|
0.68
%(6)
|
0.73
%
|
3.92
%
|
3.87
%
|
|
4.95
%(5)
|
56
|
0.69
%(6)
|
0.73
%
|
4.81
%
|
4.77
%
|
|
4.39
%
|
54
|
0.68
%(6)
|
0.75
%
|
4.28
%
|
4.21
%
|
|
0.72
%
|
51
|
0.45
%(6)
|
0.72
%
|
0.70
%
|
0.43
%
|
|
0.02
%
|
51
|
0.17
%(6)
|
0.72
%
|
0.03
%
|
(0.52
)%
|
|
|
|
|
|
|
|
|
1.82
%(3)
|
$1,444
|
0.33
%(4)(6)
|
0.38
%(4)
|
3.64
%(4)
|
3.59
%(4)
|
|
4.35
%
|
1,526
|
0.33
%(6)
|
0.38
%
|
4.27
%
|
4.22
%
|
|
5.32
%(5)
|
1,786
|
0.34
%(6)
|
0.38
%
|
5.16
%
|
5.12
%
|
|
4.75
%
|
4,161
|
0.33
%(6)
|
0.40
%
|
4.63
%
|
4.56
%
|
|
0.91
%
|
7,338
|
0.25
%(6)
|
0.37
%
|
0.90
%
|
0.78
%
|
|
0.03
%
|
8,341
|
0.17
%(6)
|
0.37
%
|
0.03
%
|
(0.17
)%
|
|
|
|
|
|
|
|
|
1.50
%(3)
|
$57
|
0.98
%(4)(6)
|
1.03
%(4)
|
2.99
%(4)
|
2.94
%(4)
|
|
3.67
%
|
56
|
0.98
%(6)
|
1.03
%
|
3.62
%
|
3.57
%
|
|
4.64
%(5)
|
54
|
0.99
%(6)
|
1.03
%
|
4.51
%
|
4.47
%
|
|
3.37
%(3)
|
52
|
0.98
%(4)(6)
|
1.05
%(4)
|
5.44
%(4)
|
5.37
%(4)
|
|
|
|
|
|
|
|
|
1.90
%(3)
|
$60,016
|
0.18
%(4)
|
0.23
%(4)
|
3.79
%(4)
|
3.74
%(4)
|
|
4.50
%
|
14,851
|
0.18
%
|
0.23
%
|
4.42
%
|
4.37
%
|
|
3.54
%(3)
|
50
|
0.19
%(4)
|
0.23
%(4)
|
5.31
%(4)
|
5.27
%(4)
|
|
|
|
|
|
|
|
|
1.90
%(3)
|
$99,639
|
0.18
%(4)
|
0.23
%(4)
|
3.79
%(4)
|
3.74
%(4)
|
|
4.51
%
|
68,023
|
0.18
%
|
0.23
%
|
4.42
%
|
4.37
%
|
|
3.20
%(3)
|
37,560
|
0.19
%(4)
|
0.23
%(4)
|
5.31
%(4)
|
5.27
%(4)
|
|
|
Net Asset
Value,
Beginning
of Period
|
Net
Investment
Income
|
Net Realized and
Unrealized Gain
(Loss) on
Investments
|
Distributions
From Net
Investment
Income
|
Net Asset
Value,
End of
Period
|
|
Prime Portfolio:
|
|
|
|
|
|
|
Institutional Class
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.0002
|
$0.0185
(1)
|
$0.0001
(2)
|
$(0.0187
)
|
$1.0001
|
|
Year Ended 10/31/25
|
1.0003
|
0.0441
(1)
|
(0.0001
)(2)
|
(0.0441
)
|
1.0002
|
|
Year Ended 10/31/24
|
1.0002
|
0.0534
(1)
|
0.0001
(2)
|
(0.0534
)
|
1.0003
|
|
Year Ended 10/31/23
|
0.9999
|
0.0491
(1)
|
0.0001
(2)
|
(0.0489
)
|
1.0002
|
|
Year Ended 10/31/22
|
1.0001
|
0.0104
(1)
|
(0.0002
)(2)
|
(0.0104
)
|
0.9999
|
|
Year Ended 10/31/21
|
1.0001
|
0.0007
(1)
|
0.0000
(2)
|
(0.0007
)
|
1.0001
|
|
Institutional Select Class
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$0.9999
|
$0.0182
(1)
|
$0.0001
(2)
|
$(0.0184
)
|
$0.9998
|
|
Year Ended 10/31/25
|
1.0000
|
0.0436
(1)
|
(0.0001
)(2)
|
(0.0436
)
|
0.9999
|
|
Year Ended 10/31/24
|
0.9999
|
0.0529
(1)
|
0.0001
(2)
|
(0.0529
)
|
1.0000
|
|
Year Ended 10/31/23
|
0.9996
|
0.0486
(1)
|
0.0001
(2)
|
(0.0484
)
|
0.9999
|
|
Year Ended 10/31/22
|
0.9998
|
0.0100
(1)
|
(0.0001
)(2)
|
(0.0101
)
|
0.9996
|
|
Year Ended 10/31/21
|
0.9998
|
0.0004
(1)(2)
|
0.0001
(2)
|
(0.0005
)
|
0.9998
|
|
Advisory Class
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.0002
|
$0.0173
(1)
|
$0.0001
(2)
|
$(0.0175
)
|
$1.0001
|
|
Year Ended 10/31/25
|
1.0003
|
0.0417
(1)
|
(0.0002
)(2)
|
(0.0416
)
|
1.0002
|
|
Year Ended 10/31/24
|
1.0002
|
0.0509
(1)
|
0.0001
(2)
|
(0.0509
)
|
1.0003
|
|
Year Ended 10/31/23
|
1.0000
|
0.0466
(1)
|
0.0000
(2)
|
(0.0464
)
|
1.0002
|
|
Year Ended 10/31/22
|
0.9998
|
0.0096
(1)
|
(0.0006
)
|
(0.0088
)
|
1.0000
|
|
Year Ended 10/31/21
|
0.9997
|
0.0005
(1)
|
0.0000
(2)
|
(0.0004
)(2)
|
0.9998
|
|
Cash Management Class
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$0.9999
|
$0.0177
(1)
|
$0.0001
(2)
|
$(0.0179
)
|
$0.9998
|
|
Year Ended 10/31/25
|
1.0000
|
0.0426
(1)
|
(0.0001
)(2)
|
(0.0426
)
|
0.9999
|
|
Year Ended 10/31/24
|
0.9999
|
0.0519
(1)
|
0.0001
(2)
|
(0.0519
)
|
1.0000
|
|
Year Ended 10/31/23
|
0.9998
|
0.0476
(1)
|
(0.0001
)(2)
|
(0.0474
)
|
0.9999
|
|
Year Ended 10/31/22
|
1.0000
|
0.0095
(1)
|
(0.0003
)(2)
|
(0.0094
)
|
0.9998
|
|
Year Ended 10/31/21
|
1.0000
|
0.0004
(1)(2)
|
0.0000
(2)
|
(0.0004
)(2)
|
1.0000
|
|
CastleOak Shares Class
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.0001
|
$0.0184
(1)
|
$0.0002
(2)
|
$(0.0187
)
|
$1.0000
|
|
Year Ended 10/31/25
|
1.0003
|
0.0441
(1)
|
(0.0002
)(2)
|
(0.0441
)
|
1.0001
|
|
Year Ended 10/31/24
|
1.0002
|
0.0534
(1)
|
0.0001
(2)
|
(0.0534
)
|
1.0003
|
|
Year Ended 10/31/23
|
0.9999
|
0.0491
(1)
|
0.0001
(2)
|
(0.0489
)
|
1.0002
|
|
For the Period Ended 10/31/22(10)
|
1.0000
|
0.0025
(1)
|
(0.0002
)(2)
|
(0.0024
)
|
0.9999
|
|
Impact Class
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.0002
|
$0.0186
(1)
|
$0.0000
(2)
|
$(0.0187
)
|
$1.0001
|
|
Year Ended 10/31/25
|
1.0003
|
0.0442
(1)
|
(0.0002
)(2)
|
(0.0441
)
|
1.0002
|
|
Year Ended 10/31/24
|
1.0002
|
0.0534
(1)
|
0.0001
(2)
|
(0.0534
)
|
1.0003
|
|
Year Ended 10/31/23
|
0.9999
|
0.0491
(1)
|
0.0001
(2)
|
(0.0489
)
|
1.0002
|
|
For the Period Ended 10/31/22(11)
|
0.9997
|
0.0105
(1)
|
(0.0003
)(2)
|
(0.0100
)
|
0.9999
|
|
Impact Partner Class
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.0002
|
$0.0185
(1)
|
$0.0000
(2)
|
$(0.0187
)
|
$1.0000
|
|
Year Ended 10/31/25
|
1.0003
|
0.0441
(1)
|
(0.0001
)(2)
|
(0.0441
)
|
1.0002
|
|
For the Period Ended 10/31/24(8)
|
1.0000
|
0.0325
(1)
|
0.0026
|
(0.0348
)
|
1.0003
|
|
Total
Return
|
Net
Assets,
End of
Period
(000)
|
Ratio of
Expenses to
Average Net
Assets
|
Ratio of
Expenses to Average
Net Assets
(Before Waivers/
Reimbursement)
|
Ratio of Net
Investment
Income
to Average
Net Assets
|
Ratio of
Net Investment
Income (Loss)
to Average
Net Assets
(Before Waivers/
Reimbursement)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1.88
%(3)
|
$12,214,285
|
0.20
%(4)
|
0.21
%(4)
|
3.76
%(4)
|
3.75
%(4)
|
|
4.47
%
|
11,870,484
|
0.20
%
|
0.22
%
|
4.41
%
|
4.39
%
|
|
5.49
%(5)
|
11,682,116
|
0.20
%
|
0.21
%
|
5.34
%
|
5.33
%
|
|
5.02
%
|
15,994,223
|
0.20
%
|
0.21
%
|
4.91
%
|
4.90
%
|
|
1.02
%
|
14,651,432
|
0.15
%
|
0.21
%
|
1.05
%
|
0.99
%
|
|
0.07
%
|
16,772,763
|
0.14
%
|
0.21
%
|
0.06
%
|
(0.01
)%
|
|
|
|
|
|
|
|
|
1.85
%(3)
|
$42,331
|
0.25
%(4)(6)
|
0.26
%(4)
|
3.71
%(4)
|
3.70
%(4)
|
|
4.42
%
|
43,154
|
0.25
%(6)
|
0.27
%
|
4.36
%
|
4.34
%
|
|
5.44
%(5)
|
31,266
|
0.25
%(6)
|
0.26
%
|
5.29
%
|
5.28
%
|
|
4.97
%
|
22,140
|
0.25
%(6)
|
0.26
%
|
4.86
%
|
4.85
%
|
|
0.99
%
|
22,760
|
0.19
%(6)
|
0.26
%
|
1.01
%
|
0.94
%
|
|
0.05
%
|
5,723
|
0.16
%(6)
|
0.26
%
|
0.04
%
|
(0.06
)%
|
|
|
|
|
|
|
|
|
1.75
%(3)
|
$61
|
0.45
%(4)(6)
|
0.46
%(4)
|
3.51
%(4)
|
3.50
%(4)
|
|
4.21
%
|
60
|
0.45
%(6)
|
0.47
%
|
4.16
%
|
4.14
%
|
|
5.21
%(5)
|
58
|
0.45
%(6)
|
0.46
%
|
5.09
%
|
5.08
%
|
|
4.76
%
|
58,315
|
0.45
%(6)
|
0.46
%
|
4.66
%
|
4.65
%
|
|
0.90
%
|
52
|
0.24
%(6)
|
0.46
%
|
0.96
%
|
0.74
%
|
|
0.05
%
|
1,659
|
0.14
%(6)
|
0.46
%
|
0.06
%
|
(0.26
)%
|
|
|
|
|
|
|
|
|
1.80
%(3)
|
$368
|
0.35
%(4)(6)
|
0.36
%(4)
|
3.61
%(4)
|
3.60
%(4)
|
|
4.32
%
|
362
|
0.35
%(6)
|
0.37
%
|
4.26
%
|
4.24
%
|
|
5.33
%(5)
|
351
|
0.35
%(6)
|
0.36
%
|
5.19
%
|
5.18
%
|
|
4.85
%
|
424
|
0.35
%(6)
|
0.36
%
|
4.76
%
|
4.75
%
|
|
0.93
%
|
4,733
|
0.25
%(6)
|
0.36
%
|
0.95
%
|
0.84
%
|
|
0.04
%
|
5,343
|
0.16
%(6)
|
0.36
%
|
0.04
%
|
(0.16
)%
|
|
|
|
|
|
|
|
|
1.87
%(3)
|
$985,477
|
0.20
%(4)
|
0.21
%(4)
|
3.76
%(4)
|
3.75
%(4)
|
|
4.47
%
|
997,323
|
0.20
%
|
0.22
%
|
4.41
%
|
4.39
%
|
|
5.49
%(5)
|
1,267,627
|
0.20
%
|
0.21
%
|
5.34
%
|
5.33
%
|
|
5.01
%
|
866,430
|
0.20
%
|
0.21
%
|
4.91
%
|
4.90
%
|
|
0.24
%(3)
|
50
|
0.15
%(4)
|
0.21
%(4)
|
1.05
%(4)
|
0.99
%(4)
|
|
|
|
|
|
|
|
|
1.87
%(3)
|
$15,151
|
0.20
%(4)
|
0.21
%(4)
|
3.76
%(4)
|
3.75
%(4)
|
|
4.48
%
|
50
|
0.20
%
|
0.22
%
|
4.41
%
|
4.39
%
|
|
5.49
%(5)
|
299,927
|
0.20
%
|
0.21
%
|
5.34
%
|
5.33
%
|
|
5.02
%
|
321,574
|
0.20
%
|
0.21
%
|
4.91
%
|
4.90
%
|
|
1.03
%(3)
|
50
|
0.15
%(4)
|
0.21
%(4)
|
1.05
%(4)
|
0.99
%(4)
|
|
|
|
|
|
|
|
|
1.87
%(3)
|
$19,609
|
0.20
%(4)
|
0.21
%(4)
|
3.76
%(4)
|
3.75
%(4)
|
|
4.47
%
|
75,034
|
0.20
%
|
0.22
%
|
4.41
%
|
4.39
%
|
|
3.53
%(3)
|
468,330
|
0.20
%(4)
|
0.21
%(4)
|
5.34
%(4)
|
5.33
%(4)
|
|
|
Net Asset
Value,
Beginning
of Period
|
Net
Investment
Income
|
Net Realized and
Unrealized Gain
(Loss) on
Investments
|
Distributions
From Net
Investment
Income
|
Net Asset
Value,
End of
Period
|
|
Government Portfolio:
|
|
|
|
|
|
|
Institutional Class
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.000
|
$0.018
(1)
|
$0.000
(2)
|
$(0.018
)
|
$1.000
|
|
Year Ended 10/31/25
|
1.000
|
0.043
(1)
|
0.000
(2)
|
(0.043
)
|
1.000
|
|
Year Ended 10/31/24
|
1.000
|
0.052
(1)
|
0.000
(2)
|
(0.052
)
|
1.000
|
|
Year Ended 10/31/23
|
1.000
|
0.047
(1)
|
0.000
(2)
|
(0.047
)
|
1.000
|
|
Year Ended 10/31/22
|
1.000
|
0.009
(1)
|
0.000
(2)
|
(0.009
)
|
1.000
|
|
Year Ended 10/31/21
|
1.000
|
0.000
(1)(2)
|
0.000
(2)
|
(0.000
)(2)
|
1.000
|
|
Institutional Select Class
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.000
|
$0.018
(1)
|
$0.000
(2)
|
$(0.018
)
|
$1.000
|
|
Year Ended 10/31/25
|
1.000
|
0.042
(1)
|
0.000
(2)
|
(0.042
)
|
1.000
|
|
Year Ended 10/31/24
|
1.000
|
0.051
(1)
|
0.000
(2)
|
(0.051
)
|
1.000
|
|
Year Ended 10/31/23
|
1.000
|
0.047
(1)
|
(0.001
)
|
(0.046
)
|
1.000
|
|
Year Ended 10/31/22
|
1.000
|
0.009
(1)
|
0.000
(2)
|
(0.009
)
|
1.000
|
|
Year Ended 10/31/21
|
1.000
|
0.000
(1)(2)
|
0.000
(2)
|
(0.000
)(2)
|
1.000
|
|
Investor Class
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.000
|
$0.017
(1)
|
$0.000
(2)
|
$(0.017
)
|
$1.000
|
|
Year Ended 10/31/25
|
1.000
|
0.042
(1)
|
0.000
(2)
|
(0.042
)
|
1.000
|
|
Year Ended 10/31/24
|
1.000
|
0.051
(1)
|
0.000
(2)
|
(0.051
)
|
1.000
|
|
Year Ended 10/31/23
|
1.000
|
0.046
(1)
|
0.000
(2)
|
(0.046
)
|
1.000
|
|
Year Ended 10/31/22
|
1.000
|
0.008
(1)
|
0.001
|
(0.009
)
|
1.000
|
|
Year Ended 10/31/21
|
1.000
|
0.000
(1)(2)
|
0.000
(2)
|
(0.000
)(2)
|
1.000
|
|
Administrative Class
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.000
|
$0.017
(1)
|
$0.000
(2)
|
$(0.017
)
|
$1.000
|
|
Year Ended 10/31/25
|
1.000
|
0.041
(1)
|
0.000
(2)
|
(0.041
)
|
1.000
|
|
Year Ended 10/31/24
|
1.000
|
0.050
(1)
|
0.000
(2)
|
(0.050
)
|
1.000
|
|
Year Ended 10/31/23
|
1.000
|
0.046
(1)
|
(0.001
)
|
(0.045
)
|
1.000
|
|
Year Ended 10/31/22
|
1.000
|
0.008
(1)
|
0.000
(2)
|
(0.008
)
|
1.000
|
|
Year Ended 10/31/21
|
1.000
|
0.000
(1)(2)
|
0.000
(2)
|
(0.000
)(2)
|
1.000
|
|
Advisory Class
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.000
|
$0.017
(1)
|
$0.000
(2)
|
$(0.017
)
|
$1.000
|
|
Year Ended 10/31/25
|
1.000
|
0.040
(1)
|
0.000
(2)
|
(0.040
)
|
1.000
|
|
Year Ended 10/31/24
|
1.000
|
0.049
(1)
|
0.000
(2)
|
(0.049
)
|
1.000
|
|
Year Ended 10/31/23
|
1.000
|
0.045
(1)
|
(0.001
)
|
(0.044
)
|
1.000
|
|
Year Ended 10/31/22
|
1.000
|
0.008
(1)
|
0.000
(2)
|
(0.008
)
|
1.000
|
|
Year Ended 10/31/21
|
1.000
|
0.000
(1)(2)
|
0.000
(2)
|
(0.000
)(2)
|
1.000
|
|
Participant Class
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.000
|
$0.015
(1)
|
$0.000
(2)
|
$(0.015
)
|
$1.000
|
|
Year Ended 10/31/25
|
1.000
|
0.038
(1)
|
0.000
(2)
|
(0.038
)
|
1.000
|
|
Year Ended 10/31/24
|
1.000
|
0.047
(1)
|
0.000
(2)
|
(0.047
)
|
1.000
|
|
Year Ended 10/31/23
|
1.000
|
0.042
(1)
|
0.000
(2)
|
(0.042
)
|
1.000
|
|
Year Ended 10/31/22
|
1.000
|
0.006
(1)
|
0.000
(2)
|
(0.006
)
|
1.000
|
|
Year Ended 10/31/21
|
1.000
|
0.000
(1)(2)
|
0.000
(2)
|
(0.000
)(2)
|
1.000
|
|
Cash Management Class
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.000
|
$0.017
(1)
|
$0.000
(2)
|
$(0.017
)
|
$1.000
|
|
Year Ended 10/31/25
|
1.000
|
0.041
(1)
|
0.000
(2)
|
(0.041
)
|
1.000
|
|
Year Ended 10/31/24
|
1.000
|
0.050
(1)
|
0.000
(2)
|
(0.050
)
|
1.000
|
|
Year Ended 10/31/23
|
1.000
|
0.046
(1)
|
(0.001
)
|
(0.045
)
|
1.000
|
|
Year Ended 10/31/22
|
1.000
|
0.008
(1)
|
0.000
(2)
|
(0.008
)
|
1.000
|
|
Year Ended 10/31/21
|
1.000
|
0.000
(1)(2)
|
0.000
(2)
|
(0.000
)(2)
|
1.000
|
|
Select Class
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.000
|
$0.014
(1)
|
$0.000
(2)
|
$(0.014
)
|
$1.000
|
|
Year Ended 10/31/25
|
1.000
|
0.035
(1)
|
0.000
(2)
|
(0.035
)
|
1.000
|
|
Year Ended 10/31/24
|
1.000
|
0.044
(1)
|
0.000
(2)
|
(0.044
)
|
1.000
|
|
Year Ended 10/31/23
|
1.000
|
0.039
(1)
|
0.000
(2)
|
(0.039
)
|
1.000
|
|
Year Ended 10/31/22
|
1.000
|
0.005
(1)
|
0.000
(2)
|
(0.005
)
|
1.000
|
|
Year Ended 10/31/21
|
1.000
|
0.000
(1)(2)
|
0.000
(2)
|
(0.000
)(2)
|
1.000
|
|
Castleoak Shares Class
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.000
|
$0.018
(1)
|
$0.000
(2)
|
$(0.018
)
|
$1.000
|
|
Year Ended 10/31/25
|
1.000
|
0.043
(1)
|
0.000
(2)
|
(0.043
)
|
1.000
|
|
Year Ended 10/31/24
|
1.000
|
0.052
(1)
|
0.000
(2)
|
(0.052
)
|
1.000
|
|
Year Ended 10/31/23
|
1.000
|
0.047
(1)
|
0.000
(2)
|
(0.047
)
|
1.000
|
|
Year Ended 10/31/22
|
1.000
|
0.009
(1)
|
0.000
(2)
|
(0.009
)
|
1.000
|
|
For the Period Ended 10/31/21(12)
|
1.000
|
0.000
(1)(2)
|
(0.000
)(2)
|
(0.000
)(2)
|
1.000
|
|
Impact Class
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.000
|
$0.018
(1)
|
$0.000
(2)
|
$(0.018
)
|
$1.000
|
|
Year Ended 10/31/25
|
1.000
|
0.043
(1)
|
0.000
(2)
|
(0.043
)
|
1.000
|
|
Year Ended 10/31/24
|
1.000
|
0.052
(1)
|
0.000
(2)
|
(0.052
)
|
1.000
|
|
Year Ended 10/31/23
|
1.000
|
0.047
(1)
|
0.000
(2)
|
(0.047
)
|
1.000
|
|
For the Period Ended 10/31/22(11)
|
1.000
|
0.009
(1)
|
0.000
(2)
|
(0.009
)
|
1.000
|
|
Impact Partner Class
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.000
|
$0.018
(1)
|
$0.000
(2)
|
$(0.018
)
|
$1.000
|
|
Year Ended 10/31/25
|
1.000
|
0.043
(1)
|
0.000
(2)
|
(0.043
)
|
1.000
|
|
For the Period Ended 10/31/24(8)
|
1.000
|
0.034
(1)
|
0.000
(2)
|
(0.034
)
|
1.000
|
|
Advisor Class
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.000
|
$0.018
(1)
|
$0.000
(2)
|
$(0.018
)
|
$1.000
|
|
Year Ended 10/31/25
|
1.000
|
0.043
(1)
|
0.000
(2)
|
(0.043
)
|
1.000
|
|
For the Period Ended 10/31/24(9)
|
1.000
|
0.031
(1)
|
0.000
(2)
|
(0.031
)
|
1.000
|
|
Institutional Plus Class
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.000
|
$0.018
(1)
|
$0.000
(2)
|
$(0.018
)
|
$1.000
|
|
For the Period Ended 10/31/25(13)
|
1.000
|
0.008
(1)
|
0.000
(2)
|
(0.008
)
|
1.000
|
|
Total
Return
|
Net
Assets,
End of
Period
(000)
|
Ratio of
Expenses to
Average Net
Assets
|
Ratio of
Expenses to Average
Net Assets
(Before Waivers/
Reimbursement)
|
Ratio of Net
Investment
Income
to Average
Net Assets
|
Ratio of
Net Investment
Income (Loss)
to Average
Net Assets
(Before Waivers/
Reimbursement)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1.83
%(3)
|
$192,680,832
|
0.15
%(4)
|
0.20
%(4)
|
3.66
%(4)
|
3.61
%(4)
|
|
4.36
%
|
146,784,735
|
0.15
%
|
0.20
%
|
4.29
%
|
4.24
%
|
|
5.32
%(5)
|
132,300,048
|
0.15
%
|
0.20
%
|
5.18
%
|
5.13
%
|
|
4.77
%
|
124,946,773
|
0.16
%
|
0.21
%
|
4.72
%
|
4.67
%
|
|
0.93
%
|
105,123,361
|
0.12
%
|
0.21
%
|
0.92
%
|
0.83
%
|
|
0.03
%
|
125,443,478
|
0.07
%
|
0.21
%
|
0.02
%
|
(0.12
)%
|
|
|
|
|
|
|
|
|
1.81
%(3)
|
$9,970,136
|
0.20
%(4)(6)
|
0.25
%(4)
|
3.61
%(4)
|
3.56
%(4)
|
|
4.31
%
|
7,370,753
|
0.20
%(6)
|
0.25
%
|
4.24
%
|
4.19
%
|
|
5.26
%(5)
|
5,857,261
|
0.20
%(6)
|
0.25
%
|
5.13
%
|
5.08
%
|
|
4.72
%
|
5,615,525
|
0.21
%(6)
|
0.26
%
|
4.67
%
|
4.62
%
|
|
0.89
%
|
19,822,512
|
0.15
%(6)
|
0.26
%
|
0.89
%
|
0.78
%
|
|
0.03
%
|
22,579,049
|
0.07
%(6)
|
0.26
%
|
0.02
%
|
(0.17
)%
|
|
|
|
|
|
|
|
|
1.78
%(3)
|
$7,245,150
|
0.25
%(4)(6)
|
0.30
%(4)
|
3.56
%(4)
|
3.51
%(4)
|
|
4.26
%
|
7,282,560
|
0.25
%(6)
|
0.30
%
|
4.19
%
|
4.14
%
|
|
5.21
%(5)
|
6,147,621
|
0.25
%(6)
|
0.30
%
|
5.08
%
|
5.03
%
|
|
4.67
%
|
4,800,726
|
0.26
%(6)
|
0.31
%
|
4.62
%
|
4.57
%
|
|
0.86
%
|
3,992,292
|
0.19
%(6)
|
0.31
%
|
0.85
%
|
0.73
%
|
|
0.03
%
|
1,433,481
|
0.07
%(6)
|
0.31
%
|
0.02
%
|
(0.22
)%
|
|
|
|
|
|
|
|
|
1.76
%(3)
|
$455,507
|
0.30
%(4)(6)
|
0.35
%(4)
|
3.51
%(4)
|
3.46
%(4)
|
|
4.20
%
|
719,189
|
0.30
%(6)
|
0.36
%
|
4.14
%
|
4.09
%
|
|
5.16
%(5)
|
251,650
|
0.30
%(6)
|
0.35
%
|
5.03
%
|
4.98
%
|
|
4.61
%
|
402,547
|
0.31
%(6)
|
0.36
%
|
4.57
%
|
4.52
%
|
|
0.83
%
|
314,143
|
0.21
%(6)
|
0.36
%
|
0.83
%
|
0.68
%
|
|
0.03
%
|
357,558
|
0.07
%(6)
|
0.36
%
|
0.02
%
|
(0.27
)%
|
|
|
|
|
|
|
|
|
1.71
%(3)
|
$2,521,859
|
0.40
%(4)(6)
|
0.45
%(4)
|
3.41
%(4)
|
3.36
%(4)
|
|
4.10
%
|
2,283,282
|
0.40
%(6)
|
0.45
%
|
4.04
%
|
3.99
%
|
|
5.05
%(5)
|
2,397,061
|
0.40
%(6)
|
0.45
%
|
4.93
%
|
4.88
%
|
|
4.51
%
|
1,897,168
|
0.41
%(6)
|
0.46
%
|
4.47
%
|
4.42
%
|
|
0.77
%
|
1,428,422
|
0.27
%(6)
|
0.46
%
|
0.77
%
|
0.58
%
|
|
0.03
%
|
1,794,163
|
0.07
%(6)
|
0.46
%
|
0.02
%
|
(0.37
)%
|
|
|
|
|
|
|
|
|
1.58
%(3)
|
$3,119,320
|
0.65
%(4)(6)
|
0.70
%(4)
|
3.16
%(4)
|
3.11
%(4)
|
|
3.84
%
|
2,979,571
|
0.65
%(6)
|
0.70
%
|
3.79
%
|
3.74
%
|
|
4.79
%(5)
|
2,967,432
|
0.65
%(6)
|
0.70
%
|
4.68
%
|
4.63
%
|
|
4.25
%
|
2,542,447
|
0.66
%(6)
|
0.71
%
|
4.22
%
|
4.17
%
|
|
0.65
%
|
2,291,041
|
0.40
%(6)
|
0.71
%
|
0.64
%
|
0.33
%
|
|
0.03
%
|
2,082,873
|
0.07
%(6)
|
0.71
%
|
0.02
%
|
(0.62
)%
|
|
|
|
|
|
|
|
|
1.76
%(3)
|
$182
|
0.30
%(4)(6)
|
0.35
%(4)
|
3.51
%(4)
|
3.46
%(4)
|
|
4.20
%
|
204
|
0.30
%(6)
|
0.35
%
|
4.14
%
|
4.09
%
|
|
5.16
%(5)
|
1,067
|
0.30
%(6)
|
0.35
%
|
5.03
%
|
4.98
%
|
|
4.61
%
|
1,745
|
0.31
%(6)
|
0.36
%
|
4.57
%
|
4.52
%
|
|
0.83
%
|
1,761
|
0.20
%(6)
|
0.36
%
|
0.84
%
|
0.68
%
|
|
0.03
%
|
4,397
|
0.07
%(6)
|
0.36
%
|
0.02
%
|
(0.27
)%
|
|
|
|
|
|
|
|
|
1.43
%(3)
|
$58
|
0.95
%(4)(6)
|
1.00
%(4)
|
2.86
%(4)
|
2.81
%(4)
|
|
3.53
%
|
57
|
0.95
%(6)
|
1.00
%
|
3.49
%
|
3.44
%
|
|
4.48
%(5)
|
55
|
0.95
%(6)
|
1.00
%
|
4.38
%
|
4.33
%
|
|
3.94
%
|
53
|
0.96
%(6)
|
1.01
%
|
3.92
%
|
3.87
%
|
|
0.52
%
|
51
|
0.53
%(6)
|
1.01
%
|
0.51
%
|
0.03
%
|
|
0.03
%
|
51
|
0.07
%(6)
|
1.01
%
|
0.02
%
|
(0.92
)%
|
|
|
|
|
|
|
|
|
1.83
%(3)
|
$3,485,658
|
0.15
%(4)
|
0.20
%(4)
|
3.66
%(4)
|
3.61
%(4)
|
|
4.36
%
|
3,071,939
|
0.15
%
|
0.20
%
|
4.29
%
|
4.24
%
|
|
5.32
%(5)
|
2,702,094
|
0.15
%
|
0.20
%
|
5.18
%
|
5.13
%
|
|
4.77
%
|
2,305,053
|
0.16
%
|
0.21
%
|
4.72
%
|
4.67
%
|
|
0.93
%
|
371,597
|
0.12
%
|
0.21
%
|
0.92
%
|
0.83
%
|
|
0.01
%(3)
|
371,765
|
0.07
%(4)
|
0.21
%(4)
|
0.02
%(4)
|
(0.12
)%(4)
|
|
|
|
|
|
|
|
|
1.83
%(3)
|
$1,050,885
|
0.15
%(4)
|
0.20
%(4)
|
3.66
%(4)
|
3.61
%(4)
|
|
4.36
%
|
1,637,455
|
0.15
%
|
0.20
%
|
4.29
%
|
4.24
%
|
|
5.32
%(5)
|
1,518,203
|
0.15
%
|
0.20
%
|
5.18
%
|
5.13
%
|
|
4.77
%
|
841,264
|
0.16
%
|
0.21
%
|
4.72
%
|
4.67
%
|
|
0.91
%(3)
|
826,509
|
0.12
%(4)
|
0.21
%(4)
|
0.92
%(4)
|
0.83
%(4)
|
|
|
|
|
|
|
|
|
1.83
%(3)
|
$893,222
|
0.15
%(4)
|
0.20
%(4)
|
3.66
%(4)
|
3.61
%(4)
|
|
4.36
%
|
1,091,762
|
0.15
%
|
0.20
%
|
4.29
%
|
4.24
%
|
|
3.45
%(3)
|
943,525
|
0.15
%(4)
|
0.20
%(4)
|
5.18
%(4)
|
5.13
%(4)
|
|
|
|
|
|
|
|
|
1.83
%(3)
|
$116,587
|
0.15
%(4)
|
0.20
%(4)
|
3.66
%(4)
|
3.61
%(4)
|
|
4.36
%
|
71,057
|
0.15
%
|
0.20
%
|
4.29
%
|
4.24
%
|
|
3.12
%(3)
|
22,010
|
0.15
%(4)
|
0.20
%(4)
|
5.18
%(4)
|
5.13
%(4)
|
|
|
|
|
|
|
|
|
1.82
%(3)
|
$51
|
0.17
%(4)(6)
|
0.22
%(4)
|
3.64
%(4)
|
3.59
%(4)
|
|
0.75
%(3)
|
50
|
0.17
%(4)(6)
|
0.22
%(4)
|
4.27
%(4)
|
4.22
%(4)
|
|
|
Net Asset
Value,
Beginning
of Period
|
Net
Investment
Income
|
Net Realized and
Unrealized Gain
(Loss) on
Investments
|
Distributions
From Net
Investment
Income
|
Net Asset
Value,
End of
Period
|
|
Government Securities Portfolio:
|
|
|
|
|
|
|
Institutional Class
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.000
|
$0.018
(1)
|
$0.000
(2)
|
$(0.018
)
|
$1.000
|
|
Year Ended 10/31/25
|
1.000
|
0.042
(1)
|
0.000
(2)
|
(0.042
)
|
1.000
|
|
Year Ended 10/31/24
|
1.000
|
0.051
(1)
|
0.000
(2)
|
(0.051
)
|
1.000
|
|
Year Ended 10/31/23
|
1.000
|
0.046
(1)
|
0.000
(2)
|
(0.046
)
|
1.000
|
|
Year Ended 10/31/22
|
1.000
|
0.007
(1)
|
0.001
|
(0.008
)
|
1.000
|
|
Year Ended 10/31/21
|
1.000
|
0.000
(1)(2)
|
0.000
(2)
|
(0.000
)(2)
|
1.000
|
|
Institutional Select Class
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.000
|
$0.017
(1)
|
$0.000
(2)
|
$(0.017
)
|
$1.000
|
|
Year Ended 10/31/25
|
1.000
|
0.042
(1)
|
(0.001
)
|
(0.041
)
|
1.000
|
|
Year Ended 10/31/24
|
1.000
|
0.051
(1)
|
(0.001
)
|
(0.050
)
|
1.000
|
|
Year Ended 10/31/23
|
1.000
|
0.045
(1)
|
0.001
|
(0.046
)
|
1.000
|
|
Year Ended 10/31/22
|
1.000
|
0.006
(1)
|
0.002
|
(0.008
)
|
1.000
|
|
Year Ended 10/31/21
|
1.000
|
0.000
(1)(2)
|
(0.000
)(2)
|
(0.000
)(2)
|
1.000
|
|
Investor Class
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.000
|
$0.017
(1)
|
$0.000
(2)
|
$(0.017
)
|
$1.000
|
|
Year Ended 10/31/25
|
1.000
|
0.041
(1)
|
0.000
(2)
|
(0.041
)
|
1.000
|
|
Year Ended 10/31/24
|
1.000
|
0.050
(1)
|
0.000
(2)
|
(0.050
)
|
1.000
|
|
Year Ended 10/31/23
|
1.000
|
0.045
(1)
|
0.000
(2)
|
(0.045
)
|
1.000
|
|
Year Ended 10/31/22
|
1.000
|
0.006
(1)
|
0.002
|
(0.008
)
|
1.000
|
|
Year Ended 10/31/21
|
1.000
|
0.000
(1)(2)
|
(0.000
)(2)
|
(0.000
)(2)
|
1.000
|
|
Administrative Class
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.000
|
$0.017
(1)
|
$0.000
(2)
|
$(0.017
)
|
$1.000
|
|
Year Ended 10/31/25
|
1.000
|
0.041
(1)
|
(0.001
)
|
(0.040
)
|
1.000
|
|
Year Ended 10/31/24
|
1.000
|
0.050
(1)
|
(0.001
)
|
(0.049
)
|
1.000
|
|
Year Ended 10/31/23
|
1.000
|
0.044
(1)
|
0.001
|
(0.045
)
|
1.000
|
|
Year Ended 10/31/22
|
1.000
|
0.006
(1)
|
0.001
|
(0.007
)
|
1.000
|
|
Year Ended 10/31/21
|
1.000
|
0.000
(1)(2)
|
0.000
(2)
|
(0.000
)(2)
|
1.000
|
|
Advisory Class
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.000
|
$0.016
(1)
|
$0.000
(2)
|
$(0.016
)
|
$1.000
|
|
Year Ended 10/31/25
|
1.000
|
0.039
(1)
|
(0.000
)(2)
|
(0.039
)
|
1.000
|
|
Year Ended 10/31/24
|
1.000
|
0.049
(1)
|
(0.001
)
|
(0.048
)
|
1.000
|
|
Year Ended 10/31/23
|
1.000
|
0.043
(1)
|
0.001
|
(0.044
)
|
1.000
|
|
Year Ended 10/31/22
|
1.000
|
0.005
(1)
|
0.002
|
(0.007
)
|
1.000
|
|
Year Ended 10/31/21
|
1.000
|
0.000
(1)(2)
|
0.000
(2)
|
(0.000
)(2)
|
1.000
|
|
Participant Class
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.000
|
$0.016
(1)
|
$0.000
(2)
|
$(0.016
)
|
$1.000
|
|
Year Ended 10/31/25
|
1.000
|
0.039
(1)
|
(0.000
)(2)
|
(0.039
)
|
1.000
|
|
Year Ended 10/31/24
|
1.000
|
0.049
(1)
|
(0.001
)
|
(0.048
)
|
1.000
|
|
Year Ended 10/31/23
|
1.000
|
0.043
(1)
|
0.001
|
(0.044
)
|
1.000
|
|
Year Ended 10/31/22
|
1.000
|
0.005
(1)
|
0.002
|
(0.007
)
|
1.000
|
|
Year Ended 10/31/21
|
1.000
|
0.000
(1)(2)
|
0.000
(2)
|
(0.000
)(2)
|
1.000
|
|
Cash Management Class
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.000
|
$0.017
(1)
|
$0.000
(2)
|
$(0.017
)
|
$1.000
|
|
Year Ended 10/31/25
|
1.000
|
0.040
(1)
|
(0.000
)(2)
|
(0.040
)
|
1.000
|
|
Year Ended 10/31/24
|
1.000
|
0.050
(1)
|
(0.001
)
|
(0.049
)
|
1.000
|
|
Year Ended 10/31/23
|
1.000
|
0.044
(1)
|
0.001
|
(0.045
)
|
1.000
|
|
Year Ended 10/31/22
|
1.000
|
0.006
(1)
|
0.001
|
(0.007
)
|
1.000
|
|
Year Ended 10/31/21
|
1.000
|
0.000
(1)(2)
|
0.000
(2)
|
(0.000
)(2)
|
1.000
|
|
Total
Return
|
Net
Assets,
End of
Period
(000)
|
Ratio of
Expenses to
Average Net
Assets
|
Ratio of
Expenses to Average
Net Assets
(Before Waivers/
Reimbursement)
|
Ratio of Net
Investment
Income
to Average
Net Assets
|
Ratio of
Net Investment
Income (Loss)
to Average
Net Assets
(Before Waivers/
Reimbursement)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1.80
%(3)
|
$446,224
|
0.20
%(4)
|
0.25
%(4)
|
3.60
%(4)
|
3.55
%(4)
|
|
4.26
%
|
730,183
|
0.20
%
|
0.23
%
|
4.20
%
|
4.17
%
|
|
5.24
%(5)
|
1,013,205
|
0.20
%
|
0.23
%
|
5.12
%
|
5.09
%
|
|
4.71
%
|
1,097,870
|
0.20
%
|
0.21
%
|
4.57
%
|
4.56
%
|
|
0.83
%
|
817,742
|
0.13
%
|
0.22
%
|
0.57
%
|
0.48
%
|
|
0.01
%
|
1,622,265
|
0.06
%
|
0.22
%
|
0.00
%(14)
|
(0.16
)%
|
|
|
|
|
|
|
|
|
1.77
%(3)
|
$60
|
0.25
%(4)(6)
|
0.30
%(4)
|
3.55
%(4)
|
3.50
%(4)
|
|
4.21
%
|
59
|
0.25
%(6)
|
0.28
%
|
4.15
%
|
4.12
%
|
|
5.19
%(5)
|
57
|
0.25
%(6)
|
0.28
%
|
5.07
%
|
5.04
%
|
|
4.66
%
|
54
|
0.25
%(6)
|
0.26
%
|
4.52
%
|
4.51
%
|
|
0.80
%
|
51
|
0.16
%(6)
|
0.27
%
|
0.54
%
|
0.43
%
|
|
0.01
%
|
51
|
0.06
%(6)
|
0.27
%
|
0.00
%(14)
|
(0.21
)%
|
|
|
|
|
|
|
|
|
1.75
%(3)
|
$60
|
0.30
%(4)(6)
|
0.35
%(4)
|
3.50
%(4)
|
3.45
%(4)
|
|
4.16
%
|
59
|
0.30
%(6)
|
0.33
%
|
4.10
%
|
4.07
%
|
|
5.14
%(5)
|
56
|
0.30
%(6)
|
0.33
%
|
5.02
%
|
4.99
%
|
|
4.61
%
|
54
|
0.30
%(6)
|
0.31
%
|
4.47
%
|
4.46
%
|
|
0.77
%
|
51
|
0.19
%(6)
|
0.32
%
|
0.51
%
|
0.38
%
|
|
0.01
%
|
51
|
0.06
%(6)
|
0.32
%
|
0.00
%(14)
|
(0.26
)%
|
|
|
|
|
|
|
|
|
1.72
%(3)
|
$60
|
0.35
%(4)(6)
|
0.40
%(4)
|
3.47
%(4)
|
3.42
%(4)
|
|
4.11
%
|
59
|
0.35
%(6)
|
0.38
%
|
4.05
%
|
4.02
%
|
|
5.09
%(5)
|
56
|
0.35
%(6)
|
0.38
%
|
4.97
%
|
4.94
%
|
|
4.56
%
|
54
|
0.35
%(6)
|
0.36
%
|
4.42
%
|
4.41
%
|
|
0.74
%
|
51
|
0.22
%(6)
|
0.37
%
|
0.48
%
|
0.33
%
|
|
0.01
%
|
51
|
0.06
%(6)
|
0.37
%
|
0.00
%(14)
|
(0.31
)%
|
|
|
|
|
|
|
|
|
1.67
%(3)
|
$14,986
|
0.45
%(4)(6)
|
0.50
%(4)
|
3.35
%(4)
|
3.30
%(4)
|
|
4.00
%
|
14,548
|
0.45
%(6)
|
0.48
%
|
3.95
%
|
3.92
%
|
|
4.98
%(5)
|
45,161
|
0.45
%(6)
|
0.48
%
|
4.87
%
|
4.84
%
|
|
4.45
%
|
52,920
|
0.45
%(6)
|
0.46
%
|
4.32
%
|
4.31
%
|
|
0.69
%
|
40,382
|
0.27
%(6)
|
0.47
%
|
0.43
%
|
0.23
%
|
|
0.01
%
|
39,201
|
0.06
%(6)
|
0.47
%
|
0.00
%(14)
|
(0.41
)%
|
|
|
|
|
|
|
|
|
1.67
%(3)
|
$4,649,860
|
0.45
%(4)(6)
|
0.75
%(4)
|
3.35
%(4)
|
3.05
%(4)
|
|
4.00
%
|
4,913,893
|
0.45
%(6)
|
0.73
%
|
3.95
%
|
3.67
%
|
|
4.98
%(5)
|
4,111,364
|
0.45
%(6)
|
0.73
%
|
4.87
%
|
4.59
%
|
|
4.45
%
|
4,539,195
|
0.45
%(6)
|
0.71
%
|
4.32
%
|
4.06
%
|
|
0.69
%
|
7,014,979
|
0.24
%(6)
|
0.72
%
|
0.46
%
|
(0.02
)%
|
|
0.01
%
|
15,949,390
|
0.06
%(6)
|
0.72
%
|
0.00
%(14)
|
(0.66
)%
|
|
|
|
|
|
|
|
|
1.72
%(3)
|
$136
|
0.35
%(4)(6)
|
0.40
%(4)
|
3.45
%(4)
|
3.40
%(4)
|
|
4.11
%
|
133
|
0.35
%(6)
|
0.38
%
|
4.05
%
|
4.02
%
|
|
5.08
%(5)
|
128
|
0.35
%(6)
|
0.38
%
|
4.97
%
|
4.94
%
|
|
4.56
%
|
341
|
0.35
%(6)
|
0.36
%
|
4.42
%
|
4.41
%
|
|
0.74
%
|
327
|
0.22
%(6)
|
0.37
%
|
0.48
%
|
0.33
%
|
|
0.01
%
|
356
|
0.06
%(6)
|
0.37
%
|
0.00
%(14)
|
(0.31
)%
|
|
|
Net Asset
Value,
Beginning
of Period
|
Net
Investment
Income
|
Net Realized and
Unrealized Gain
(Loss) on
Investments
|
Distributions
From Net
Investment
Income
|
Net Asset
Value,
End of
Period
|
|
Treasury Portfolio:
|
|
|
|
|
|
|
Institutional Class
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.000
|
$0.018
(1)
|
$0.000
(2)
|
$(0.018
)
|
$1.000
|
|
Year Ended 10/31/25
|
1.000
|
0.042
(1)
|
0.000
(2)
|
(0.042
)
|
1.000
|
|
Year Ended 10/31/24
|
1.000
|
0.051
(1)
|
0.000
(2)
|
(0.051
)
|
1.000
|
|
Year Ended 10/31/23
|
1.000
|
0.046
(1)
|
0.000
(2)
|
(0.046
)
|
1.000
|
|
Year Ended 10/31/22
|
1.000
|
0.008
(1)
|
0.001
|
(0.009
)
|
1.000
|
|
Year Ended 10/31/21
|
1.000
|
0.000
(1)(2)
|
(0.000
)(2)
|
(0.000
)(2)
|
1.000
|
|
Institutional Select Class
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.000
|
$0.017
(1)
|
$0.000
(2)
|
$(0.017
)
|
$1.000
|
|
Year Ended 10/31/25
|
1.000
|
0.042
(1)
|
0.000
(2)
|
(0.042
)
|
1.000
|
|
Year Ended 10/31/24
|
1.000
|
0.051
(1)
|
0.000
(2)
|
(0.051
)
|
1.000
|
|
Year Ended 10/31/23
|
1.000
|
0.045
(1)
|
0.001
|
(0.046
)
|
1.000
|
|
Year Ended 10/31/22
|
1.000
|
0.008
(1)
|
0.001
|
(0.009
)
|
1.000
|
|
Year Ended 10/31/21
|
1.000
|
0.000
(1)(2)
|
(0.000
)(2)
|
(0.000
)(2)
|
1.000
|
|
Investor Class
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.000
|
$0.017
(1)
|
$0.000
(2)
|
$(0.017
)
|
$1.000
|
|
Year Ended 10/31/25
|
1.000
|
0.041
(1)
|
0.000
(2)
|
(0.041
)
|
1.000
|
|
Year Ended 10/31/24
|
1.000
|
0.050
(1)
|
0.000
(2)
|
(0.050
)
|
1.000
|
|
Year Ended 10/31/23
|
1.000
|
0.045
(1)
|
0.000
(2)
|
(0.045
)
|
1.000
|
|
Year Ended 10/31/22
|
1.000
|
0.008
(1)
|
0.000
(2)
|
(0.008
)
|
1.000
|
|
Year Ended 10/31/21
|
1.000
|
0.000
(1)(2)
|
(0.000
)(2)
|
(0.000
)(2)
|
1.000
|
|
Administrative Class
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.000
|
$0.017
(1)
|
$0.000
(2)
|
$(0.017
)
|
$1.000
|
|
Year Ended 10/31/25
|
1.000
|
0.041
(1)
|
0.000
(2)
|
(0.041
)
|
1.000
|
|
Year Ended 10/31/24
|
1.000
|
0.050
(1)
|
0.000
(2)
|
(0.050
)
|
1.000
|
|
Year Ended 10/31/23
|
1.000
|
0.044
(1)
|
0.001
|
(0.045
)
|
1.000
|
|
Year Ended 10/31/22
|
1.000
|
0.007
(1)
|
0.001
|
(0.008
)
|
1.000
|
|
Year Ended 10/31/21
|
1.000
|
0.000
(1)(2)
|
(0.000
)(2)
|
(0.000
)(2)
|
1.000
|
|
Advisory Class
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.000
|
$0.016
(1)
|
$0.000
(2)
|
$(0.016
)
|
$1.000
|
|
Year Ended 10/31/25
|
1.000
|
0.040
(1)
|
0.000
(2)
|
(0.040
)
|
1.000
|
|
Year Ended 10/31/24
|
1.000
|
0.049
(1)
|
0.000
(2)
|
(0.049
)
|
1.000
|
|
Year Ended 10/31/23
|
1.000
|
0.043
(1)
|
0.001
|
(0.044
)
|
1.000
|
|
Year Ended 10/31/22
|
1.000
|
0.007
(1)
|
0.000
(2)
|
(0.007
)
|
1.000
|
|
Year Ended 10/31/21
|
1.000
|
0.000
(1)(2)
|
(0.000
)(2)
|
(0.000
)(2)
|
1.000
|
|
Participant Class
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.000
|
$0.015
(1)
|
$0.000
(2)
|
$(0.015
)
|
$1.000
|
|
Year Ended 10/31/25
|
1.000
|
0.037
(1)
|
0.000
(2)
|
(0.037
)
|
1.000
|
|
Year Ended 10/31/24
|
1.000
|
0.046
(1)
|
0.000
(2)
|
(0.046
)
|
1.000
|
|
Year Ended 10/31/23
|
1.000
|
0.041
(1)
|
0.000
(2)
|
(0.041
)
|
1.000
|
|
Year Ended 10/31/22
|
1.000
|
0.006
(1)
|
0.000
(2)
|
(0.006
)
|
1.000
|
|
Year Ended 10/31/21
|
1.000
|
0.000
(1)(2)
|
(0.000
)(2)
|
(0.000
)(2)
|
1.000
|
|
Cash Management Class
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.000
|
$0.017
(1)
|
$0.000
(2)
|
$(0.017
)
|
$1.000
|
|
Year Ended 10/31/25
|
1.000
|
0.041
(1)
|
0.000
(2)
|
(0.041
)
|
1.000
|
|
Year Ended 10/31/24
|
1.000
|
0.050
(1)
|
0.000
(2)
|
(0.050
)
|
1.000
|
|
Year Ended 10/31/23
|
1.000
|
0.044
(1)
|
0.001
|
(0.045
)
|
1.000
|
|
Year Ended 10/31/22
|
1.000
|
0.007
(1)
|
0.001
|
(0.008
)
|
1.000
|
|
Year Ended 10/31/21
|
1.000
|
0.000
(1)(2)
|
(0.000
)(2)
|
(0.000
)(2)
|
1.000
|
|
Select Class
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.000
|
$0.014
(1)
|
$0.000
(2)
|
$(0.014
)
|
$1.000
|
|
Year Ended 10/31/25
|
1.000
|
0.034
(1)
|
0.000
(2)
|
(0.034
)
|
1.000
|
|
Year Ended 10/31/24
|
1.000
|
0.043
(1)
|
0.000
(2)
|
(0.043
)
|
1.000
|
|
Year Ended 10/31/23
|
1.000
|
0.038
(1)
|
0.000
(2)
|
(0.038
)
|
1.000
|
|
Year Ended 10/31/22
|
1.000
|
0.004
(1)
|
0.001
|
(0.005
)
|
1.000
|
|
Year Ended 10/31/21
|
1.000
|
0.000
(1)(2)
|
(0.000
)(2)
|
(0.000
)(2)
|
1.000
|
|
Advisor Class
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.000
|
$0.018
(1)
|
$0.000
(2)
|
$(0.018
)
|
$1.000
|
|
Year Ended 10/31/25
|
1.000
|
0.042
(1)
|
0.000
(2)
|
(0.042
)
|
1.000
|
|
For the Period Ended 10/31/24(9)
|
1.000
|
0.030
(1)
|
0.000
(2)
|
(0.030
)
|
1.000
|
|
Institutional Plus Class
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.000
|
$0.018
(1)
|
$0.000
(2)
|
$(0.018
)
|
$1.000
|
|
For the Period Ended 10/31/25(13)
|
1.000
|
0.008
(1)
|
0.000
(2)
|
(0.008
)
|
1.000
|
|
Total
Return
|
Net
Assets,
End of
Period
(000)
|
Ratio of
Expenses to
Average Net
Assets
|
Ratio of
Expenses to Average
Net Assets
(Before Waivers/
Reimbursement)
|
Ratio of Net
Investment
Income
to Average
Net Assets
|
Ratio of
Net Investment
Income (Loss)
to Average
Net Assets
(Before Waivers/
Reimbursement)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1.81
%(3)
|
$24,184,439
|
0.20
%(4)
|
0.21
%(4)
|
3.61
%(4)
|
3.60
%(4)
|
|
4.29
%
|
26,757,217
|
0.20
%
|
0.21
%
|
4.23
%
|
4.22
%
|
|
5.25
%(5)
|
23,396,182
|
0.20
%
|
0.21
%
|
5.12
%
|
5.11
%
|
|
4.72
%
|
26,005,390
|
0.20
%
|
0.21
%
|
4.60
%
|
4.59
%
|
|
0.89
%
|
22,268,805
|
0.14
%
|
0.21
%
|
0.83
%
|
0.76
%
|
|
0.01
%
|
21,468,388
|
0.07
%
|
0.21
%
|
0.01
%
|
(0.13
)%
|
|
|
|
|
|
|
|
|
1.78
%(3)
|
$4,598,278
|
0.25
%(4)(6)
|
0.26
%(4)
|
3.56
%(4)
|
3.55
%(4)
|
|
4.24
%
|
3,574,031
|
0.25
%(6)
|
0.26
%
|
4.18
%
|
4.17
%
|
|
5.20
%(5)
|
3,209,904
|
0.25
%(6)
|
0.26
%
|
5.07
%
|
5.06
%
|
|
4.67
%
|
3,114,544
|
0.25
%(6)
|
0.26
%
|
4.55
%
|
4.54
%
|
|
0.86
%
|
8,610,123
|
0.17
%(6)
|
0.26
%
|
0.80
%
|
0.71
%
|
|
0.01
%
|
14,878,731
|
0.07
%(6)
|
0.26
%
|
0.01
%
|
(0.18
)%
|
|
|
|
|
|
|
|
|
1.76
%(3)
|
$81,628
|
0.30
%(4)(6)
|
0.31
%(4)
|
3.51
%(4)
|
3.50
%(4)
|
|
4.19
%
|
57,265
|
0.30
%(6)
|
0.31
%
|
4.13
%
|
4.12
%
|
|
5.15
%(5)
|
74,918
|
0.30
%(6)
|
0.31
%
|
5.02
%
|
5.01
%
|
|
4.62
%
|
69,342
|
0.30
%(6)
|
0.31
%
|
4.50
%
|
4.49
%
|
|
0.83
%
|
89,461
|
0.21
%(6)
|
0.31
%
|
0.76
%
|
0.66
%
|
|
0.01
%
|
26,713
|
0.07
%(6)
|
0.31
%
|
0.01
%
|
(0.23
)%
|
|
|
|
|
|
|
|
|
1.73
%(3)
|
$47,692
|
0.35
%(4)(6)
|
0.36
%(4)
|
3.46
%(4)
|
3.45
%(4)
|
|
4.14
%
|
34,752
|
0.35
%(6)
|
0.36
%
|
4.08
%
|
4.07
%
|
|
5.10
%(5)
|
15,892
|
0.35
%(6)
|
0.36
%
|
4.97
%
|
4.96
%
|
|
4.56
%
|
8,553
|
0.35
%(6)
|
0.36
%
|
4.45
%
|
4.44
%
|
|
0.80
%
|
8,067
|
0.26
%(6)
|
0.36
%
|
0.71
%
|
0.61
%
|
|
0.01
%
|
3,294
|
0.07
%(6)
|
0.36
%
|
0.01
%
|
(0.28
)%
|
|
|
|
|
|
|
|
|
1.68
%(3)
|
$502,862
|
0.45
%(4)(6)
|
0.46
%(4)
|
3.36
%(4)
|
3.35
%(4)
|
|
4.03
%
|
412,496
|
0.45
%(6)
|
0.46
%
|
3.98
%
|
3.97
%
|
|
4.99
%(5)
|
409,801
|
0.45
%(6)
|
0.46
%
|
4.87
%
|
4.86
%
|
|
4.46
%
|
413,681
|
0.45
%(6)
|
0.46
%
|
4.35
%
|
4.34
%
|
|
0.74
%
|
479,272
|
0.29
%(6)
|
0.46
%
|
0.68
%
|
0.51
%
|
|
0.01
%
|
511,566
|
0.07
%(6)
|
0.46
%
|
0.01
%
|
(0.38
)%
|
|
|
|
|
|
|
|
|
1.56
%(3)
|
$4,598,177
|
0.70
%(4)(6)
|
0.71
%(4)
|
3.11
%(4)
|
3.10
%(4)
|
|
3.77
%
|
3,300,819
|
0.70
%(6)
|
0.71
%
|
3.73
%
|
3.72
%
|
|
4.73
%(5)
|
3,248,495
|
0.70
%(6)
|
0.71
%
|
4.62
%
|
4.61
%
|
|
4.20
%
|
2,342,820
|
0.70
%(6)
|
0.71
%
|
4.10
%
|
4.09
%
|
|
0.62
%
|
2,787,233
|
0.35
%(6)
|
0.71
%
|
0.62
%
|
0.26
%
|
|
0.01
%
|
2,998,738
|
0.07
%(6)
|
0.71
%
|
0.01
%
|
(0.63
)%
|
|
|
|
|
|
|
|
|
1.73
%(3)
|
$2,014
|
0.35
%(4)(6)
|
0.36
%(4)
|
3.46
%(4)
|
3.45
%(4)
|
|
4.14
%
|
2,007
|
0.35
%(6)
|
0.36
%
|
4.08
%
|
4.07
%
|
|
5.10
%(5)
|
3,443
|
0.35
%(6)
|
0.36
%
|
4.97
%
|
4.96
%
|
|
4.57
%
|
4,719
|
0.35
%(6)
|
0.36
%
|
4.45
%
|
4.44
%
|
|
0.80
%
|
4,800
|
0.23
%(6)
|
0.36
%
|
0.74
%
|
0.61
%
|
|
0.01
%
|
17,412
|
0.07
%(6)
|
0.36
%
|
0.01
%
|
(0.28
)%
|
|
|
|
|
|
|
|
|
1.41
%(3)
|
$58
|
1.00
%(4)(6)
|
1.01
%(4)
|
2.81
%(4)
|
2.80
%(4)
|
|
3.46
%
|
57
|
1.00
%(6)
|
1.01
%
|
3.43
%
|
3.42
%
|
|
4.42
%(5)
|
55
|
1.00
%(6)
|
1.01
%
|
4.32
%
|
4.31
%
|
|
3.89
%
|
53
|
1.00
%(6)
|
1.01
%
|
3.80
%
|
3.79
%
|
|
0.48
%
|
51
|
0.54
%(6)
|
1.01
%
|
0.43
%
|
(0.04
)%
|
|
0.01
%
|
51
|
0.07
%(6)
|
1.01
%
|
0.01
%
|
(0.93
)%
|
|
|
|
|
|
|
|
|
1.81
%(3)
|
$153,155
|
0.20
%(4)
|
0.21
%(4)
|
3.61
%(4)
|
3.60
%(4)
|
|
4.30
%
|
163,659
|
0.20
%
|
0.21
%
|
4.23
%
|
4.22
%
|
|
3.08
%(3)
|
42,266
|
0.20
%(4)
|
0.21
%(4)
|
5.12
%(4)
|
5.11
%(4)
|
|
|
|
|
|
|
|
|
1.80
%(3)
|
$51
|
0.22
%(4)(6)
|
0.23
%(4)
|
3.59
%(4)
|
3.58
%(4)
|
|
0.74
%(3)
|
50
|
0.22
%(4)(6)
|
0.23
%(4)
|
4.21
%(4)
|
4.20
%(4)
|
|
|
Net Asset
Value,
Beginning
of Period
|
Net
Investment
Income
|
Net Realized and
Unrealized Gain
(Loss) on
Investments
|
Distributions
From Net
Investment
Income
|
Net Asset
Value,
End of
Period
|
|
Treasury Securities Portfolio:
|
|
|
|
|
|
|
Institutional Class
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.000
|
$0.018
(1)
|
$0.000
(2)
|
$(0.018
)
|
$1.000
|
|
Year Ended 10/31/25
|
1.000
|
0.042
(1)
|
0.000
(2)
|
(0.042
)
|
1.000
|
|
Year Ended 10/31/24
|
1.000
|
0.051
(1)
|
0.000
(2)
|
(0.051
)
|
1.000
|
|
Year Ended 10/31/23
|
1.000
|
0.045
(1)
|
0.000
(2)
|
(0.045
)
|
1.000
|
|
Year Ended 10/31/22
|
1.000
|
0.008
(1)
|
0.000
(2)
|
(0.008
)
|
1.000
|
|
Year Ended 10/31/21
|
1.000
|
0.000
(1)(2)
|
0.000
(2)
|
(0.000
)(2)
|
1.000
|
|
Institutional Select Class
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.000
|
$0.017
(1)
|
$0.000
(2)
|
$(0.017
)
|
$1.000
|
|
Year Ended 10/31/25
|
1.000
|
0.041
(1)
|
0.000
(2)
|
(0.041
)
|
1.000
|
|
Year Ended 10/31/24
|
1.000
|
0.051
(1)
|
0.000
(2)
|
(0.051
)
|
1.000
|
|
Year Ended 10/31/23
|
1.000
|
0.045
(1)
|
0.000
(2)
|
(0.045
)
|
1.000
|
|
Year Ended 10/31/22
|
1.000
|
0.007
(1)
|
0.001
|
(0.008
)
|
1.000
|
|
Year Ended 10/31/21
|
1.000
|
0.000
(1)(2)
|
0.000
(2)
|
(0.000
)(2)
|
1.000
|
|
Investor Class
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.000
|
$0.017
(1)
|
$0.000
(2)
|
$(0.017
)
|
$1.000
|
|
Year Ended 10/31/25
|
1.000
|
0.041
(1)
|
0.000
(2)
|
(0.041
)
|
1.000
|
|
Year Ended 10/31/24
|
1.000
|
0.050
(1)
|
0.000
(2)
|
(0.050
)
|
1.000
|
|
Year Ended 10/31/23
|
1.000
|
0.044
(1)
|
0.000
(2)
|
(0.044
)
|
1.000
|
|
Year Ended 10/31/22
|
1.000
|
0.007
(1)
|
0.001
|
(0.008
)
|
1.000
|
|
Year Ended 10/31/21
|
1.000
|
0.000
(1)(2)
|
0.000
(2)
|
(0.000
)(2)
|
1.000
|
|
Administrative Class
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.000
|
$0.017
(1)
|
$0.000
(2)
|
$(0.017
)
|
$1.000
|
|
Year Ended 10/31/25
|
1.000
|
0.040
(1)
|
0.000
(2)
|
(0.040
)
|
1.000
|
|
Year Ended 10/31/24
|
1.000
|
0.050
(1)
|
0.000
(2)
|
(0.050
)
|
1.000
|
|
Year Ended 10/31/23
|
1.000
|
0.044
(1)
|
0.000
(2)
|
(0.044
)
|
1.000
|
|
Year Ended 10/31/22
|
1.000
|
0.007
(1)
|
0.000
(2)
|
(0.007
)
|
1.000
|
|
Year Ended 10/31/21
|
1.000
|
0.000
(1)(2)
|
0.000
(2)
|
(0.000
)(2)
|
1.000
|
|
Advisory Class
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.000
|
$0.016
(1)
|
$0.000
(2)
|
$(0.016
)
|
$1.000
|
|
Year Ended 10/31/25
|
1.000
|
0.039
(1)
|
0.000
(2)
|
(0.039
)
|
1.000
|
|
Year Ended 10/31/24
|
1.000
|
0.049
(1)
|
0.000
(2)
|
(0.049
)
|
1.000
|
|
Year Ended 10/31/23
|
1.000
|
0.043
(1)
|
0.000
(2)
|
(0.043
)
|
1.000
|
|
Year Ended 10/31/22
|
1.000
|
0.007
(1)
|
0.000
(2)
|
(0.007
)
|
1.000
|
|
Year Ended 10/31/21
|
1.000
|
0.000
(1)(2)
|
0.000
(2)
|
(0.000
)(2)
|
1.000
|
|
Participant Class
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.000
|
$0.015
(1)
|
$0.000
(2)
|
$(0.015
)
|
$1.000
|
|
Year Ended 10/31/25
|
1.000
|
0.037
(1)
|
0.000
(2)
|
(0.037
)
|
1.000
|
|
Year Ended 10/31/24
|
1.000
|
0.046
(1)
|
0.000
(2)
|
(0.046
)
|
1.000
|
|
Year Ended 10/31/23
|
1.000
|
0.040
(1)
|
0.000
(2)
|
(0.040
)
|
1.000
|
|
Year Ended 10/31/22
|
1.000
|
0.005
(1)
|
0.000
(2)
|
(0.005
)
|
1.000
|
|
Year Ended 10/31/21
|
1.000
|
0.000
(1)(2)
|
0.000
(2)
|
(0.000
)(2)
|
1.000
|
|
Cash Management Class
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.000
|
$0.017
(1)
|
$0.000
(2)
|
$(0.017
)
|
$1.000
|
|
Year Ended 10/31/25
|
1.000
|
0.040
(1)
|
0.000
(2)
|
(0.040
)
|
1.000
|
|
Year Ended 10/31/24
|
1.000
|
0.050
(1)
|
0.000
(2)
|
(0.050
)
|
1.000
|
|
Year Ended 10/31/23
|
1.000
|
0.044
(1)
|
0.000
(2)
|
(0.044
)
|
1.000
|
|
Year Ended 10/31/22
|
1.000
|
0.007
(1)
|
0.000
(2)
|
(0.007
)
|
1.000
|
|
Year Ended 10/31/21
|
1.000
|
0.000
(1)(2)
|
0.000
(2)
|
(0.000
)(2)
|
1.000
|
|
Select Class
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.000
|
$0.014
(1)
|
$0.000
(2)
|
$(0.014
)
|
$1.000
|
|
Year Ended 10/31/25
|
1.000
|
0.034
(1)
|
0.000
(2)
|
(0.034
)
|
1.000
|
|
Year Ended 10/31/24
|
1.000
|
0.043
(1)
|
0.000
(2)
|
(0.043
)
|
1.000
|
|
Year Ended 10/31/23
|
1.000
|
0.037
(1)
|
0.000
(2)
|
(0.037
)
|
1.000
|
|
Year Ended 10/31/22
|
1.000
|
0.004
(1)
|
0.000
(2)
|
(0.004
)
|
1.000
|
|
Year Ended 10/31/21
|
1.000
|
0.000
(1)(2)
|
0.000
(2)
|
(0.000
)(2)
|
1.000
|
|
Impact Class
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.000
|
$0.018
(1)
|
$0.000
(2)
|
$(0.018
)
|
$1.000
|
|
Year Ended 10/31/25
|
1.000
|
0.042
(1)
|
0.000
(2)
|
(0.042
)
|
1.000
|
|
For the Period Ended 10/31/24(8)
|
1.000
|
0.033
(1)
|
0.000
(2)
|
(0.033
)
|
1.000
|
|
Impact Partner Class
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.000
|
$0.018
(1)
|
$0.000
(2)
|
$(0.018
)
|
$1.000
|
|
Year Ended 10/31/25
|
1.000
|
0.042
(1)
|
0.000
(2)
|
(0.042
)
|
1.000
|
|
For the Period Ended 10/31/24(8)
|
1.000
|
0.033
(1)
|
0.000
(2)
|
(0.033
)
|
1.000
|
|
Advisor Class
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.000
|
$0.018
(1)
|
$0.000
(2)
|
$(0.018
)
|
$1.000
|
|
Year Ended 10/31/25
|
1.000
|
0.042
(1)
|
0.000
(2)
|
(0.042
)
|
1.000
|
|
For the Period Ended 10/31/24(15)
|
1.000
|
0.017
(1)
|
0.000
(2)
|
(0.017
)
|
1.000
|
|
Institutional Plus Class
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.000
|
$0.018
(1)
|
$0.000
(2)
|
$(0.018
)
|
$1.000
|
|
For the Period Ended 10/31/25(13)
|
1.000
|
0.007
(1)
|
0.000
(2)
|
(0.007
)
|
1.000
|
|
DAP Class
|
|
|
|
|
|
|
For the Period Ended 04/30/26
(unaudited)(16)
|
$1.000
|
$0.008
(1)
|
$0.000
(2)
|
$(0.008
)
|
$1.000
|
|
Total
Return
|
Net
Assets,
End of
Period
(000)
|
Ratio of
Expenses to
Average Net
Assets
|
Ratio of
Expenses to Average
Net Assets
(Before Waivers/
Reimbursement)
|
Ratio of Net
Investment
Income
to Average
Net Assets
|
Ratio of
Net Investment
Income (Loss)
to Average
Net Assets
(Before Waivers/
Reimbursement)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1.80
%(3)
|
$62,898,919
|
0.20
%(4)
|
0.21
%(4)
|
3.60
%(4)
|
3.59
%(4)
|
|
4.25
%
|
56,202,440
|
0.20
%
|
0.21
%
|
4.18
%
|
4.17
%
|
|
5.26
%(5)
|
49,864,264
|
0.20
%
|
0.21
%
|
5.12
%
|
5.11
%
|
|
4.63
%
|
46,015,555
|
0.20
%
|
0.21
%
|
4.54
%
|
4.53
%
|
|
0.82
%
|
44,234,518
|
0.13
%
|
0.21
%
|
0.76
%
|
0.68
%
|
|
0.01
%
|
52,515,537
|
0.06
%
|
0.21
%
|
0.01
%
|
(0.14
)%
|
|
|
|
|
|
|
|
|
1.78
%(3)
|
$4,809
|
0.25
%(4)(6)
|
0.26
%(4)
|
3.55
%(4)
|
3.54
%(4)
|
|
4.20
%
|
8,706
|
0.25
%(6)
|
0.26
%
|
4.13
%
|
4.12
%
|
|
5.21
%(5)
|
5,744
|
0.25
%(6)
|
0.26
%
|
5.07
%
|
5.06
%
|
|
4.58
%
|
9,222
|
0.25
%(6)
|
0.26
%
|
4.49
%
|
4.48
%
|
|
0.79
%
|
25,769
|
0.16
%(6)
|
0.26
%
|
0.73
%
|
0.63
%
|
|
0.01
%
|
1,052,857
|
0.06
%(6)
|
0.26
%
|
0.01
%
|
(0.19
)%
|
|
|
|
|
|
|
|
|
1.75
%(3)
|
$115,447
|
0.30
%(4)(6)
|
0.31
%(4)
|
3.50
%(4)
|
3.49
%(4)
|
|
4.15
%
|
59,676
|
0.30
%(6)
|
0.31
%
|
4.08
%
|
4.07
%
|
|
5.15
%(5)
|
16,608
|
0.30
%(6)
|
0.31
%
|
5.02
%
|
5.01
%
|
|
4.53
%
|
8,795
|
0.30
%(6)
|
0.31
%
|
4.44
%
|
4.43
%
|
|
0.75
%
|
51
|
0.20
%(6)
|
0.31
%
|
0.69
%
|
0.58
%
|
|
0.01
%
|
51
|
0.06
%(6)
|
0.31
%
|
0.01
%
|
(0.24
)%
|
|
|
|
|
|
|
|
|
1.73
%(3)
|
$70,158
|
0.35
%(4)(6)
|
0.36
%(4)
|
3.45
%(4)
|
3.44
%(4)
|
|
4.10
%
|
105,923
|
0.35
%(6)
|
0.36
%
|
4.03
%
|
4.02
%
|
|
5.10
%(5)
|
114,583
|
0.35
%(6)
|
0.36
%
|
4.97
%
|
4.96
%
|
|
4.48
%
|
88,387
|
0.35
%(6)
|
0.36
%
|
4.39
%
|
4.38
%
|
|
0.72
%
|
16,684
|
0.22
%(6)
|
0.36
%
|
0.67
%
|
0.53
%
|
|
0.01
%
|
18,968
|
0.06
%(6)
|
0.36
%
|
0.01
%
|
(0.29
)%
|
|
|
|
|
|
|
|
|
1.68
%(3)
|
$16,629
|
0.45
%(4)(6)
|
0.46
%(4)
|
3.35
%(4)
|
3.34
%(4)
|
|
3.99
%
|
17,292
|
0.45
%(6)
|
0.46
%
|
3.93
%
|
3.92
%
|
|
5.00
%(5)
|
5,002
|
0.45
%(6)
|
0.46
%
|
4.87
%
|
4.86
%
|
|
4.37
%
|
102,764
|
0.45
%(6)
|
0.46
%
|
4.29
%
|
4.28
%
|
|
0.67
%
|
34,684
|
0.24
%(6)
|
0.46
%
|
0.65
%
|
0.43
%
|
|
0.01
%
|
38,959
|
0.06
%(6)
|
0.46
%
|
0.01
%
|
(0.39
)%
|
|
|
|
|
|
|
|
|
1.55
%(3)
|
$20,502
|
0.70
%(4)(6)
|
0.71
%(4)
|
3.10
%(4)
|
3.09
%(4)
|
|
3.73
%
|
23,659
|
0.70
%(6)
|
0.71
%
|
3.68
%
|
3.67
%
|
|
4.73
%(5)
|
26,788
|
0.70
%(6)
|
0.71
%
|
4.62
%
|
4.61
%
|
|
4.11
%
|
35,491
|
0.70
%(6)
|
0.71
%
|
4.04
%
|
4.03
%
|
|
0.54
%
|
285
|
0.42
%(6)
|
0.71
%
|
0.47
%
|
0.18
%
|
|
0.01
%
|
259
|
0.06
%(6)
|
0.71
%
|
0.01
%
|
(0.64
)%
|
|
|
|
|
|
|
|
|
1.72
%(3)
|
$5,948
|
0.35
%(4)(6)
|
0.36
%(4)
|
3.45
%(4)
|
3.44
%(4)
|
|
4.09
%
|
6,845
|
0.35
%(6)
|
0.36
%
|
4.03
%
|
4.02
%
|
|
5.10
%(5)
|
6,954
|
0.35
%(6)
|
0.36
%
|
4.97
%
|
4.96
%
|
|
4.47
%
|
7,380
|
0.35
%(6)
|
0.36
%
|
4.39
%
|
4.38
%
|
|
0.72
%
|
8,478
|
0.23
%(6)
|
0.36
%
|
0.66
%
|
0.53
%
|
|
0.01
%
|
9,921
|
0.06
%(6)
|
0.36
%
|
0.01
%
|
(0.29
)%
|
|
|
|
|
|
|
|
|
1.40
%(3)
|
$58
|
1.00
%(4)(6)
|
1.01
%(4)
|
2.80
%(4)
|
2.79
%(4)
|
|
3.42
%
|
57
|
1.00
%(6)
|
1.01
%
|
3.38
%
|
3.37
%
|
|
4.42
%(5)
|
55
|
1.00
%(6)
|
1.01
%
|
4.32
%
|
4.31
%
|
|
3.80
%
|
53
|
1.00
%(6)
|
1.01
%
|
3.74
%
|
3.73
%
|
|
0.42
%
|
51
|
0.53
%(6)
|
1.01
%
|
0.36
%
|
(0.12
)%
|
|
0.01
%
|
51
|
0.06
%(6)
|
1.01
%
|
0.01
%
|
(0.94
)%
|
|
|
|
|
|
|
|
|
1.80
%(3)
|
$50
|
0.20
%(4)
|
0.21
%(4)
|
3.60
%(4)
|
3.59
%(4)
|
|
4.26
%
|
50
|
0.20
%
|
0.21
%
|
4.18
%
|
4.17
%
|
|
3.40
%(3)
|
50
|
0.20
%(4)
|
0.21
%(4)
|
5.12
%(4)
|
5.11
%(4)
|
|
|
|
|
|
|
|
|
1.80
%(3)
|
$50
|
0.20
%(4)
|
0.21
%(4)
|
3.60
%(4)
|
3.59
%(4)
|
|
4.26
%
|
50
|
0.20
%
|
0.21
%
|
4.18
%
|
4.17
%
|
|
3.40
%(3)
|
50
|
0.20
%(4)
|
0.21
%(4)
|
5.12
%(4)
|
5.11
%(4)
|
|
|
|
|
|
|
|
|
1.80
%(3)
|
$50
|
0.20
%(4)
|
0.21
%(4)
|
3.60
%(4)
|
3.59
%(4)
|
|
4.26
%
|
50
|
0.20
%
|
0.21
%
|
4.18
%
|
4.17
%
|
|
1.75
%(3)
|
50
|
0.20
%(4)
|
0.21
%(4)
|
5.12
%(4)
|
5.11
%(4)
|
|
|
|
|
|
|
|
|
1.79
%(3)
|
$51
|
0.22
%(4)
|
0.23
%(4)
|
3.58
%(4)
|
3.57
%(4)
|
|
0.73
%(3)
|
50
|
0.22
%(4)
|
0.23
%(4)
|
4.16
%(4)
|
4.15
%(4)
|
|
|
|
|
|
|
|
|
0.82
%(3)
|
$50
|
0.20
%(4)
|
0.21
%(4)
|
3.53
%(4)
|
3.52
%(4)
|
|
|
Net Asset
Value,
Beginning
of Period
|
Net
Investment
Income
|
Net Realized and
Unrealized Gain
(Loss) on
Investments
|
Distributions
From Net
Investment
Income
|
Net Asset
Value,
End of
Period
|
|
Tax-Exempt Portfolio:
|
|
|
|
|
|
|
Wealth Class*
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.000
|
$0.011
(1)
|
$0.000
(2)
|
$(0.011
)
|
$1.000
|
|
Year Ended 10/31/25
|
1.000
|
0.027
(1)
|
0.000
(2)
|
(0.027
)
|
1.000
|
|
Year Ended 10/31/24
|
1.000
|
0.033
(1)
|
0.000
(2)
|
(0.033
)
|
1.000
|
|
Year Ended 10/31/23
|
1.0001
|
0.0291
(1)
|
0.0000
(2)
|
(0.0293
)
|
0.9999
|
|
Year Ended 10/31/22
|
1.0001
|
0.0076
(1)
|
(0.0014
)
|
(0.0062
)
|
1.0001
|
|
Year Ended 10/31/21
|
1.0001
|
0.0001
(1)(2)
|
0.0000
(2)
|
(0.0001
)(2)
|
1.0001
|
|
Wealth S Class**
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.000
|
$0.011
(1)
|
$0.000
(2)
|
$(0.011
)
|
$1.000
|
|
Year Ended 10/31/25
|
1.000
|
0.026
(1)
|
0.000
(2)
|
(0.026
)
|
1.000
|
|
Year Ended 10/31/24
|
1.000
|
0.032
(1)
|
0.000
(2)
|
(0.032
)
|
1.000
|
|
Year Ended 10/31/23
|
1.0001
|
0.0286
(1)
|
0.0000
(2)
|
(0.0288
)
|
0.9999
|
|
Year Ended 10/31/22
|
1.0001
|
0.0072
(1)
|
(0.0014
)
|
(0.0058
)
|
1.0001
|
|
Year Ended 10/31/21
|
1.0001
|
0.0001
(1)(2)
|
0.0000
(2)
|
(0.0001
)(2)
|
1.0001
|
|
Cash Management Class
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.000
|
$0.011
(1)
|
$0.000
(2)
|
$(0.011
)
|
$1.000
|
|
Year Ended 10/31/25
|
1.000
|
0.025
(1)
|
0.000
(2)
|
(0.025
)
|
1.000
|
|
Year Ended 10/31/24
|
1.000
|
0.031
(1)
|
0.000
(2)
|
(0.031
)
|
1.000
|
|
Year Ended 10/31/23
|
1.0001
|
0.0278
(1)
|
(0.0002
)(2)
|
(0.0278
)
|
0.9999
|
|
Year Ended 10/31/22
|
1.0001
|
0.0067
(1)
|
(0.0015
)
|
(0.0052
)
|
1.0001
|
|
Year Ended 10/31/21
|
1.0002
|
0.0001
(1)(2)
|
(0.0001
)(2)
|
(0.0001
)(2)
|
1.0001
|
|
Select Class
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.000
|
$0.008
(1)
|
$0.000
(2)
|
$(0.008
)
|
$1.000
|
|
Year Ended 10/31/25
|
1.000
|
0.019
(1)
|
0.000
(2)
|
(0.019
)
|
1.000
|
|
For the Period Ended 10/31/24(17)
|
1.000
|
0.017
(1)
|
0.000
(2)
|
(0.017
)
|
1.000
|
|
Advisor Class
|
|
|
|
|
|
|
Six Months Ended 04/30/26 (unaudited)
|
$1.000
|
$0.011
(1)
|
$0.000
(2)
|
$(0.011
)
|
$1.000
|
|
Year Ended 10/31/25
|
1.000
|
0.027
(1)
|
0.000
(2)
|
(0.027
)
|
1.000
|
|
For the Period Ended 10/31/24(9)
|
1.000
|
0.020
(1)
|
0.000
(2)
|
(0.020
)
|
1.000
|
|
Total
Return
|
Net
Assets,
End of
Period
(000)
|
Ratio of
Expenses to
Average Net
Assets
|
Ratio of
Expenses to Average
Net Assets
(Before Waivers/
Reimbursement)
|
Ratio of Net
Investment
Income
to Average
Net Assets
|
Ratio of
Net Investment
Income (Loss)
to Average
Net Assets
(Before Waivers/
Reimbursement)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1.17
%(3)
|
$599,312
|
0.20
%(4)
|
0.31
%(4)
|
2.33
%(4)
|
2.22
%(4)
|
|
2.68
%
|
518,048
|
0.20
%
|
0.34
%
|
2.66
%
|
2.52
%
|
|
3.34
%(5)
|
464,486
|
0.20
%
|
0.32
%
|
3.26
%
|
3.14
%
|
|
2.95
%
|
473,740
|
0.18
%
|
0.32
%
|
2.91
%
|
2.77
%
|
|
0.61
%
|
464,221
|
0.13
%
|
0.39
%
|
0.76
%
|
0.50
%
|
|
0.01
%
|
247,727
|
0.08
%
|
0.34
%
|
0.01
%
|
(0.25
)%
|
|
|
|
|
|
|
|
|
1.15
%(3)
|
$56
|
0.25
%(4)(6)
|
0.36
%(4)
|
2.28
%(4)
|
2.17
%(4)
|
|
2.63
%
|
56
|
0.25
%(6)
|
0.39
%
|
2.61
%
|
2.47
%
|
|
3.29
%(5)
|
54
|
0.25
%(6)
|
0.37
%
|
3.21
%
|
3.09
%
|
|
2.89
%
|
53
|
0.23
%(6)
|
0.37
%
|
2.86
%
|
2.72
%
|
|
0.59
%
|
51
|
0.17
%(6)
|
0.44
%
|
0.72
%
|
0.45
%
|
|
0.01
%
|
51
|
0.08
%(6)
|
0.39
%
|
0.01
%
|
(0.30
)%
|
|
|
|
|
|
|
|
|
1.10
%(3)
|
$192
|
0.35
%(4)(6)
|
0.46
%(4)
|
2.18
%(4)
|
2.07
%(4)
|
|
2.53
%
|
190
|
0.35
%(6)
|
0.49
%
|
2.51
%
|
2.37
%
|
|
3.18
%(5)
|
186
|
0.35
%(6)
|
0.47
%
|
3.11
%
|
2.99
%
|
|
2.78
%
|
1,294
|
0.33
%(6)
|
0.47
%
|
2.76
%
|
2.62
%
|
|
0.52
%
|
3,447
|
0.22
%(6)
|
0.54
%
|
0.67
%
|
0.35
%
|
|
0.00
%(14)
|
4,670
|
0.08
%(6)
|
0.49
%
|
0.01
%
|
(0.40
)%
|
|
|
|
|
|
|
|
|
0.77
%(3)
|
$50
|
1.00
%(4)(6)
|
1.11
%(4)
|
1.53
%(4)
|
1.42
%(4)
|
|
1.86
%
|
50
|
1.00
%(6)
|
1.14
%
|
1.86
%
|
1.72
%
|
|
1.69
%(3)
|
50
|
1.00
%(4)(6)
|
1.12
%(4)
|
2.46
%(4)
|
2.34
%(4)
|
|
|
|
|
|
|
|
|
1.18
%(3)
|
$50
|
0.20
%(4)
|
0.31
%(4)
|
2.33
%(4)
|
2.22
%(4)
|
|
2.68
%
|
50
|
0.20
%
|
0.34
%
|
2.66
%
|
2.52
%
|
|
1.99
%(3)
|
50
|
0.20
%(4)
|
0.32
%(4)
|
3.26
%(4)
|
3.14
%(4)
|
|
|
Net Asset
Value,
Beginning
of Period
|
Net
Investment
Income
|
Net Realized and
Unrealized Gain
(Loss) on
Investments
|
Distributions
From Net
Investment
Income
|
Net Asset
Value,
End of
Period
|
|
Stablecoin Reserves Portfolio:(18)
|
|
|
|
|
|
|
Institutional Class
|
|
|
|
|
|
|
For the Period Ended 04/30/26
(unaudited)
|
$1.000
|
$0.001
(1)
|
$0.000
(2)
|
$(0.001
)
|
$1.000
|
|
Total
Return
|
Net
Assets,
End of
Period
(000)
|
Ratio of
Expenses to
Average Net
Assets
|
Ratio of
Expenses to Average
Net Assets
(Before Waivers/
Reimbursement)
|
Ratio of Net
Investment
Income
to Average
Net Assets
|
Ratio of
Net Investment
Income (Loss)
to Average
Net Assets
(Before Waivers/
Reimbursement)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0.14
%(3)
|
$500
|
0.20
%(4)
|
107.63
%(4)
|
3.48
%(4)
|
(103.95
)%(4)
|
|
+
|
Institutional Class was renamed Wealth Class for Money Market Portfolio effective
January 23, 2023.
|
|
++
|
Institutional Select Class was renamed Wealth S Class for Money Market Portfolio effective
January 23, 2023.
|
|
*
|
Institutional Class was renamed Wealth Class effective February 29, 2024.
|
|
**
|
Institutional Select Class was renamed Wealth S Class effective February 29, 2024.
|
|
(1)
|
Per share amount is based on average shares outstanding.
|
|
(2)
|
Amount is less than $0.0005 per share.
|
|
(3)
|
Not annualized.
|
|
(4)
|
Annualized.
|
|
(5)
|
Reflects prior period transfer agency fees that were reimbursed in 2024. The amount
of the reimbursement was immaterial to the total return.
|
|
(6)
|
Ratio of Expenses to Average Net Assets before and after Maximum Expense Ratios may
vary among share classes by more or less than the administration plan,
service and shareholder administration plan, distribution plan and/or shareholder services plan (the “plans”) fees due to either (1) fluctuations in daily net asset
amounts, (2) changes in the plans’ fees during the period for each share class, (3) changes in the Funds’ expense cap during the year, (4) waivers to the plans’
fees for each share class, or (5) a combination of the previous points.
|
|
(7)
|
Commenced offering on January 23, 2023.
|
|
(8)
|
Commenced offering on March 5, 2024.
|
|
(9)
|
Commenced offering on March 27, 2024.
|
|
(10)
|
Commenced offering on October 4, 2022.
|
|
(11)
|
Commenced offering on March 29, 2022.
|
|
(12)
|
Commenced offering on May 4, 2021.
|
|
(13)
|
Commenced offering on August 26, 2025.
|
|
(14)
|
Amount is less than 0.005%.
|
|
(15)
|
Commenced offering on June 27, 2024.
|
|
(16)
|
Commenced offering on February 5, 2026.
|
|
(17)
|
Commenced offering on February 29, 2024.
|
|
(18)
|
For the period from April 16, 2026 (Commencement of Operations) to April 30, 2026.
|
|
Money Market Portfolio
|
||||
|
Investment Type
|
Level 1
Unadjusted
quoted
prices
(000)
|
Level 2
Other
significant
observable
inputs
(000)
|
Level 3
Significant
unobservable
inputs
(000)
|
Total
(000)
|
|
Assets:
|
||||
|
Certificates of
Deposit
|
$—
|
$189,001
|
$—
|
$189,001
|
|
Commercial Paper
|
—
|
595,063
|
—
|
595,063
|
|
Corporate Bonds
|
—
|
220,556
|
—
|
220,556
|
|
Floating Rate
Notes
|
—
|
462,210
|
—
|
462,210
|
|
Repurchase
Agreements
|
—
|
2,046,000
|
—
|
2,046,000
|
|
Total Assets
|
$—
|
$3,512,830
|
$—
|
$3,512,830
|
|
Prime Portfolio
|
||||
|
Investment Type
|
Level 1
Unadjusted
quoted
prices
(000)
|
Level 2
Other
significant
observable
inputs
(000)
|
Level 3
Significant
unobservable
inputs
(000)
|
Total
(000)
|
|
Assets:
|
||||
|
Certificates of
Deposit
|
$—
|
$639,633
|
$—
|
$639,633
|
|
Commercial
Paper
|
—
|
2,509,822
|
—
|
2,509,822
|
|
Corporate
Bonds
|
—
|
431,063
|
—
|
431,063
|
|
Floating Rate
Notes
|
—
|
2,002,988
|
—
|
2,002,988
|
|
Repurchase
Agreements
|
—
|
7,085,000
|
—
|
7,085,000
|
|
Total Assets
|
$—
|
$12,668,506
|
$—
|
$12,668,506
|
|
Government Portfolio
|
||||
|
Investment
Type
|
Level 1
Unadjusted
quoted
prices
(000)
|
Level 2
Other
significant
observable
inputs
(000)
|
Level 3
Significant
unobservable
inputs
(000)
|
Total
(000)
|
|
Assets:
|
||||
|
Repurchase
Agreements
|
$—
|
$116,873,544
|
$—
|
$116,873,544
|
|
U.S. Agency
Securities
|
—
|
44,040,708
|
—
|
44,040,708
|
|
U.S. Treasury
Securities
|
—
|
50,881,247
|
—
|
50,881,247
|
|
Total Assets
|
$—
|
$211,795,499
|
$—
|
$211,795,499
|
|
Government Securities Portfolio
|
||||
|
Investment Type
|
Level 1
Unadjusted
quoted
prices
(000)
|
Level 2
Other
significant
observable
inputs
(000)
|
Level 3
Significant
unobservable
inputs
(000)
|
Total
(000)
|
|
Assets:
|
||||
|
U.S. Agency
Securities
|
$—
|
$1,254,895
|
$—
|
$1,254,895
|
|
U.S. Treasury
Securities
|
—
|
3,707,322
|
—
|
3,707,322
|
|
Total Assets
|
$—
|
$4,962,217
|
$—
|
$4,962,217
|
|
Treasury Portfolio
|
||||
|
Investment Type
|
Level 1
Unadjusted
quoted
prices
(000)
|
Level 2
Other
significant
observable
inputs
(000)
|
Level 3
Significant
unobservable
inputs
(000)
|
Total
(000)
|
|
Assets:
|
||||
|
Repurchase
Agreements
|
$—
|
$21,693,387
|
$—
|
$21,693,387
|
|
U.S. Treasury
Securities
|
—
|
12,085,966
|
—
|
12,085,966
|
|
Total Assets
|
$—
|
$33,779,353
|
$—
|
$33,779,353
|
|
Treasury Securities Portfolio
|
||||
|
Investment Type
|
Level 1
Unadjusted
quoted
prices
(000)
|
Level 2
Other
significant
observable
inputs
(000)
|
Level 3
Significant
unobservable
inputs
(000)
|
Total
(000)
|
|
Assets:
|
||||
|
U.S. Treasury
Securities
|
$—
|
$66,425,812
|
$—
|
$66,425,812
|
|
Total Assets
|
$—
|
$66,425,812
|
$—
|
$66,425,812
|
|
Tax-Exempt Portfolio
|
||||
|
Investment Type
|
Level 1
Unadjusted
quoted
prices
(000)
|
Level 2
Other
significant
observable
inputs
(000)
|
Level 3
Significant
unobservable
inputs
(000)
|
Total
(000)
|
|
Assets:
|
||||
|
Weekly Variable Rate
Bonds
|
$—
|
$322,110
|
$—
|
$322,110
|
|
Daily Variable Rate
Bonds
|
—
|
137,400
|
—
|
137,400
|
|
Commercial Paper
|
—
|
72,000
|
—
|
72,000
|
|
Municipal Bonds &
Notes
|
—
|
51,065
|
—
|
51,065
|
|
Closed-End
Investment
Companies
|
—
|
20,000
|
—
|
20,000
|
|
Tax-Exempt Portfolio
|
||||
|
Investment Type
|
Level 1
Unadjusted
quoted
prices
(000)
|
Level 2
Other
significant
observable
inputs
(000)
|
Level 3
Significant
unobservable
inputs
(000)
|
Total
(000)
|
|
Semi-Annual Variable
Rate Bond
|
$—
|
$7,000
|
$—
|
$7,000
|
|
Quarterly Variable
Rate Bond
|
—
|
5,375
|
—
|
5,375
|
|
Total Assets
|
$—
|
$614,950
|
$—
|
$614,950
|
|
Stablecoin Reserves Portfolio
|
||||
|
Investment Type
|
Level 1
Unadjusted
quoted
prices
(000)
|
Level 2
Other
significant
observable
inputs
(000)
|
Level 3
Significant
unobservable
inputs
(000)
|
Total
(000)
|
|
Assets:
|
||||
|
Repurchase Agreements
|
$—
|
$350
|
$—
|
$350
|
|
U.S. Treasury Securities
|
—
|
145
|
—
|
145
|
|
Total Assets
|
$—
|
$495
|
$—
|
$495
|
|
Fund
|
Advisory Fees
|
|
Money Market
|
0.15
%
|
|
Prime
|
0.15
|
|
Government
|
0.15
|
|
Government Securities
|
0.15
|
|
Treasury
|
0.15
|
|
Treasury Securities
|
0.15
|
|
Tax-Exempt
|
0.15
|
|
Stablecoin Reserves
|
0.15
|
|
|
Maximum Expense Ratios
|
|||
|
Class
|
Money
Market
|
Prime
|
Government
|
Government
Securities
|
|
Wealth/Institutional Class
|
0.20
%
|
0.20
%
|
0.15
%
|
0.20
%
|
|
Wealth S/Institutional Select Class
|
0.25
|
0.25
|
0.20
|
0.25
|
|
Investor Class
|
0.30
|
0.30
|
0.25
|
0.30
|
|
Administrative Class
|
0.35
|
0.35
|
0.30
|
0.35
|
|
Advisory Class
|
0.45
|
0.45
|
0.40
|
0.45
|
|
Participant Class
|
0.70
|
—
|
0.65
|
0.45
|
|
Cash Management Class
|
0.35
|
0.35
|
0.30
|
0.35
|
|
Select Class
|
1.00
|
—
|
0.95
|
—
|
|
CastleOak Shares Class
|
—
|
0.20
|
0.15
|
—
|
|
Impact Class
|
—
|
0.20
|
0.15
|
—
|
|
Impact Partner Class
|
0.20
|
0.20
|
0.15
|
—
|
|
Advisor Class
|
0.20
|
—
|
0.15
|
—
|
|
Institutional Plus Class
|
—
|
—
|
0.17
|
—
|
|
|
Maximum Expense Ratios
|
|||
|
Class
|
Treasury
|
Treasury
Securities
|
Tax-Exempt
|
Stablecoin
Reserves
|
|
Wealth/Institutional Class
|
0.20
%
|
0.20
%
|
0.20
%
|
0.20
%*
|
|
Wealth S/Institutional Select Class
|
0.25
|
0.25
|
0.25
|
—
|
|
Investor Class
|
0.30
|
0.30
|
0.30
|
—
|
|
Administrative Class
|
0.35
|
0.35
|
0.35
|
—
|
|
Advisory Class
|
0.45
|
0.45
|
0.45
|
—
|
|
Participant Class
|
0.70
|
0.70
|
0.70
|
—
|
|
Cash Management Class
|
0.35
|
0.35
|
0.35
|
—
|
|
Select Class
|
1.00
|
1.00
|
1.00
|
—
|
|
Impact Class
|
—
|
0.20
|
—
|
—
|
|
Impact Partner Class
|
—
|
0.20
|
—
|
—
|
|
Advisor Class
|
0.20
|
0.20
|
0.20
|
—
|
|
Institutional Plus Class
|
0.22
|
0.22
|
—
|
—
|
|
DAP Class
|
—
|
0.20
+
|
—
|
—
|
|
+
|
Commenced offering on February 5, 2026.
|
|
*
|
Commenced offering on April 16, 2026.
|
|
Fund
|
Advisory Fees
Waived and/or
Reimbursed
(000)
|
|
Money Market
|
$853
|
|
Prime
|
829
|
|
Government
|
54,961
|
|
Government Securities
|
1,183
|
|
Treasury
|
985
|
|
Treasury Securities
|
1,590
|
|
Tax-Exempt
|
318
|
|
Stablecoin Reserves
|
22
|
|
Fund
|
Administration
Fees Waived
(000
)
|
|
Stablecoin Reserves
|
$—
@
|
|
@
|
Amount is less than $500.
|
|
|
2025 Distributions
Paid From:
|
2024 Distributions
Paid From:
|
||
|
Fund
|
Ordinary
Income
(000)
|
Tax-Exempt
Income
(000)
|
Ordinary
Income
(000)
|
Tax-Exempt
Income
(000)
|
|
Money Market
|
$153,358
|
$—
|
$128,861
|
$—
|
|
Prime
|
571,205
|
—
|
852,411
|
—
|
|
Government
|
7,443,304
|
—
|
7,373,470
|
—
|
|
Government Securities
|
211,378
|
—
|
260,328
|
—
|
|
Treasury
|
1,362,522
|
—
|
1,492,918
|
—
|
|
Treasury Securities
|
2,298,476
|
—
|
2,436,443
|
—
|
|
Tax-Exempt
|
24
|
13,380
|
353
|
14,607
|
|
|
|
|
|
|
|
Fund
|
Undistributed
Ordinary
Income
(000)
|
Undistributed
Long-Term
Capital Gain
(000)
|
|
Money Market
|
$879
|
$—
|
|
Prime
|
15,159
|
—
|
|
Government
|
315,871
|
—
|
|
Government Securities
|
1,895
|
—
|
|
Treasury
|
56,998
|
—
|
|
Treasury Securities
|
52,350
|
—
|
|
Tax-Exempt
|
—
|
—
|
|
Fund
|
Short-term
Losses
(No Expiration)
(000)
|
Long-term
Losses
(No Expiration)
(000)
|
|
Money Market
|
$1,077
|
$—
|
|
Prime
|
15,702
|
—
|
|
Government
|
33,225
|
—
|
|
Government Securities
|
1,510
|
—
|
|
Treasury
|
9,662
|
—
|
|
Treasury Securities
|
10,262
|
25
|
|
Tax-Exempt
|
4
|
—
|
|
Fund
|
Capital Loss
Carryforward
Utilized
(000)
|
|
Money Market
|
$42
|
|
Prime
|
563
|
|
Government
|
3,718
|
|
Government Securities
|
308
|
|
Treasury
|
526
|
|
Treasury Securities
|
2,081
|
|
Fund
|
Percent of
Ownership
|
|
Money Market
|
96.7
%
|
|
Prime
|
52.6
|
|
Government
|
38.7
|
|
Government Securities
|
93.7
|
|
Treasury
|
82.2
|
|
Treasury Securities
|
76.2
|
|
Tax-Exempt
|
89.2
|

Item 8. Changes in and Disagreements with Accountants for Open-End Management Investment Companies
Not applicable.
Item 9. Proxy Disclosures for Open-End Management Investment Companies
Not applicable.
Item 10. Remuneration Paid to Directors, Officers, and Others of Open-End Management Investment Companies
The information is disclosed as part of the Financial Statements included in Item 7 of this Form N-CSR.
Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract
Not applicable.
Item 12. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies
Not applicable.
Item 13. Portfolio Managers of Closed-End Management Investment Companies
Not applicable.
Item 14. Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers
Not applicable.
Item 15. Submission of Matters to a Vote of Security Holders
There have been no material changes to the procedures by which shareholders may recommend nominee to the Fund’s Board of Trustees since the Fund last provided disclosure in response to this item.
Item 16. Controls and Procedures
| (a) | It is the conclusion of the registrant’s principal executive officer and principal financial officer that the effectiveness of the registrant’s current disclosure controls and procedures (such disclosure controls and procedures having been evaluated within 90 days of the date of this filing) provide reasonable assurance that the information required to be disclosed by the registrant has been recorded, processed, summarized and reported within the time period specified in the Commission’s rules and forms and that the information required to be disclosed by the registrant has been accumulated and communicated to the registrant’s principal executive officer and principal financial officer in order to allow timely decisions regarding required disclosure. |
| (b) | There have been no changes in the registrant’s internal controls over financial reporting during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting. |
Item 17. Disclosure of Securities Lending Activities for Closed-End Management Investment Companies
Not applicable.
Item 18. Recovery of Erroneously Awarded Compensation
Not applicable.
Item 19. Exhibits
| (a)(1) | Registrant’s Code of Ethics – Not applicable (please see Item 2). |
| (a)(2)(i) | Principal Financial Officer’s Section 302 certification. |
| (a)(2)(ii) | Principal Executive Officer’s Section 302 certification. |
| (b) | Combined Section 906 certification. |
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Morgan Stanley Institutional Liquidity Funds
| By: | /s/ John H. Gernon | |
| John H. Gernon | ||
| Principal Executive Officer | ||
| Date: | June 18, 2026 |
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
| By: | /s/ James F. Kirchner | |
| James F. Kirchner | ||
| Principal Financial Officer | ||
| Date: | June 18, 2026 | |
| By: | /s/ John H. Gernon | |
| John H. Gernon | ||
| Principal Executive Officer | ||
| Date: | June 18, 2026 |