|
|
Principal
Amount
|
Value
|
|
|
U.S. Dollar Denominated Bonds & Notes–87.43%
|
|||
|
Advertising–0.23%
|
|||
|
Clear Channel Outdoor Holdings, Inc.,
|
|
|
|
|
7.13%, 02/15/2031(b)
|
|
$29,000
|
$30,002
|
|
7.50%, 03/15/2033(b)
|
|
29,000
|
30,453
|
|
Lamar Media Corp.,
|
|
|
|
|
3.63%, 01/15/2031
|
|
75,000
|
70,227
|
|
5.38%, 11/01/2033(b)
|
|
4,000
|
3,943
|
|
Omnicom Group, Inc.,
|
|
|
|
|
4.20%, 03/02/2029
|
|
17,000
|
16,797
|
|
4.75%, 03/30/2030
|
|
19,000
|
19,072
|
|
5.30%, 06/02/2036
|
|
267,000
|
259,447
|
|
|
|
|
429,941
|
|
Aerospace & Defense–1.43%
|
|||
|
Boeing Co. (The),
|
|
|
|
|
6.30%, 05/01/2029
|
|
4,000
|
4,185
|
|
6.53%, 05/01/2034
|
|
21,000
|
22,932
|
|
5.81%, 05/01/2050
|
|
82,000
|
81,231
|
|
5.93%, 05/01/2060
|
|
113,000
|
111,926
|
|
General Dynamics Corp., 4.95%,
08/15/2035
|
|
21,000
|
21,105
|
|
Hexcel Corp., 5.88%, 02/26/2035
|
|
12,000
|
12,418
|
|
Honeywell Aerospace, Inc.,
|
|
|
|
|
4.30%, 03/16/2031(b)
|
|
26,000
|
25,621
|
|
4.60%, 03/16/2033(b)
|
|
93,000
|
91,657
|
|
5.73%, 03/16/2056(b)
|
|
855,000
|
855,936
|
|
Howmet Aerospace, Inc.,
|
|
|
|
|
3.75%, 03/03/2028
|
|
10,000
|
9,895
|
|
3.90%, 04/15/2029
|
|
5,000
|
4,924
|
|
4.85%, 10/15/2031
|
|
10,000
|
10,069
|
|
4.75%, 04/15/2036
|
|
74,000
|
72,063
|
|
Huntington Ingalls Industries, Inc.,
|
|
|
|
|
5.35%, 01/15/2030
|
|
6,000
|
6,118
|
|
5.75%, 01/15/2035
|
|
36,000
|
37,426
|
|
L3Harris Technologies, Inc.,
|
|
|
|
|
5.40%, 07/31/2033
|
|
13,000
|
13,350
|
|
5.60%, 07/31/2053
|
|
16,000
|
15,700
|
|
Lockheed Martin Corp.,
|
|
|
|
|
4.40%, 08/15/2030
|
|
12,000
|
11,988
|
|
4.75%, 02/15/2034
|
|
32,000
|
31,914
|
|
4.80%, 08/15/2034
|
|
5,000
|
4,991
|
|
4.30%, 06/15/2062
|
|
16,000
|
12,617
|
|
5.90%, 11/15/2063
|
|
25,000
|
25,775
|
|
Northrop Grumman Corp., 4.95%,
03/15/2053
|
|
16,000
|
14,327
|
|
RTX Corp.,
|
|
|
|
|
5.75%, 01/15/2029
|
|
4,000
|
4,135
|
|
6.00%, 03/15/2031
|
|
5,000
|
5,296
|
|
5.15%, 02/27/2033
|
|
68,000
|
69,383
|
|
6.10%, 03/15/2034
|
|
46,000
|
49,461
|
|
6.40%, 03/15/2054
|
|
73,000
|
79,817
|
|
Textron, Inc., 4.95%, 03/15/2036
|
|
95,000
|
92,902
|
|
|
Principal
Amount
|
Value
|
|
|
Aerospace & Defense–(continued)
|
|||
|
TransDigm, Inc.,
|
|
|
|
|
6.75%, 08/15/2028(b)
|
|
$205,000
|
$207,787
|
|
6.38%, 03/01/2029(b)
|
|
391,000
|
399,166
|
|
6.88%, 12/15/2030(b)
|
|
56,000
|
57,771
|
|
7.13%, 12/01/2031(b)
|
|
28,000
|
29,115
|
|
6.00%, 01/15/2033(b)
|
|
13,000
|
13,156
|
|
6.38%, 05/31/2033(b)
|
|
6,000
|
6,065
|
|
6.25%, 01/31/2034(b)
|
|
71,000
|
72,711
|
|
6.13%, 07/31/2034(b)
|
|
70,000
|
69,798
|
|
|
|
|
2,654,731
|
|
Agricultural & Farm Machinery–0.34%
|
|||
|
AGCO Corp.,
|
|
|
|
|
5.45%, 03/21/2027
|
|
5,000
|
5,042
|
|
5.80%, 03/21/2034
|
|
30,000
|
30,850
|
|
CNH Industrial Capital LLC, 4.75%,
03/21/2028
|
|
5,000
|
5,019
|
|
Deere Funding Canada Corp., 4.15%,
10/09/2030
|
|
56,000
|
55,175
|
|
Imperial Brands Finance PLC (United
Kingdom),
|
|
|
|
|
4.50%, 06/30/2028(b)
|
|
5,000
|
4,997
|
|
5.63%, 07/01/2035(b)
|
|
200,000
|
202,699
|
|
6.38%, 07/01/2055(b)
|
|
240,000
|
244,732
|
|
John Deere Capital Corp.,
|
|
|
|
|
4.38%, 10/15/2030
|
|
19,000
|
18,931
|
|
5.10%, 04/11/2034
|
|
68,000
|
69,131
|
|
|
|
|
636,576
|
|
Agricultural Products & Services–0.44%
|
|||
|
Archer-Daniels-Midland Co., 2.70%,
09/15/2051
|
|
1,118,000
|
682,019
|
|
Bunge Ltd. Finance Corp.,
|
|
|
|
|
4.55%, 08/04/2030
|
|
14,000
|
13,933
|
|
5.15%, 08/04/2035
|
|
80,000
|
80,000
|
|
Cargill, Inc.,
|
|
|
|
|
4.13%, 10/23/2030(b)
|
|
19,000
|
18,685
|
|
4.75%, 04/24/2033(b)
|
|
20,000
|
19,958
|
|
|
|
|
814,595
|
|
Air Freight & Logistics–0.12%
|
|||
|
GXO Logistics, Inc.,
|
|
|
|
|
6.25%, 05/06/2029
|
|
10,000
|
10,345
|
|
6.50%, 05/06/2034
|
|
42,000
|
44,017
|
|
United Parcel Service, Inc.,
|
|
|
|
|
4.65%, 10/15/2030
|
|
10,000
|
10,086
|
|
5.15%, 05/22/2034
|
|
35,000
|
35,843
|
|
5.25%, 05/14/2035
|
|
43,000
|
43,971
|
|
5.50%, 05/22/2054
|
|
81,000
|
78,184
|
|
|
|
|
222,446
|
|
Alternative Carriers–0.02%
|
|||
|
APLD ComputeCo 2 LLC, 6.75%,
03/15/2031(b)
|
|
35,000
|
35,297
|
|
Apparel Retail–0.00%
|
|||
|
Saks Global Enterprises LLC, 11.00%,
12/15/2029(b)(c)
|
|
53,640
|
402
|
|
|
Principal
Amount
|
Value
|
|
|
Apparel, Accessories & Luxury Goods–0.03%
|
|||
|
Gildan Activewear, Inc. (Canada),
|
|
|
|
|
4.70%, 10/07/2030(b)
|
|
$20,000
|
$19,780
|
|
5.40%, 10/07/2035(b)
|
|
28,000
|
27,526
|
|
|
|
|
47,306
|
|
Application Software–1.68%
|
|||
|
Autodesk, Inc., 5.30%, 06/15/2035
|
|
2,000
|
2,002
|
|
Black Pearl Compute LLC, 6.13%,
02/15/2031(b)
|
|
150,000
|
152,799
|
|
Cadence Design Systems, Inc., 4.70%,
09/10/2034
|
|
2,000
|
1,975
|
|
Cloud Software Group, Inc.,
|
|
|
|
|
9.00%, 09/30/2029(b)
|
|
34,000
|
33,625
|
|
8.25%, 06/30/2032(b)
|
|
72,000
|
70,745
|
|
Intuit, Inc., 5.20%, 09/15/2033
|
|
6,000
|
6,069
|
|
RD Michigan Property Owner I LLC,
7.50%, 03/30/2045(b)
|
|
1,348,000
|
1,351,384
|
|
Roper Technologies, Inc.,
|
|
|
|
|
4.45%, 09/15/2030
|
|
20,000
|
19,713
|
|
5.10%, 09/15/2035
|
|
69,000
|
67,102
|
|
Salesforce, Inc.,
|
|
|
|
|
4.90%, 09/15/2031
|
|
602,000
|
602,469
|
|
5.55%, 03/15/2036
|
|
392,000
|
394,950
|
|
6.40%, 03/15/2046
|
|
142,000
|
144,961
|
|
6.55%, 03/15/2056
|
|
226,000
|
230,562
|
|
SS&C Technologies, Inc., 5.50%,
09/30/2027(b)
|
|
59,000
|
59,032
|
|
|
|
|
3,137,388
|
|
Asset Management & Custody Banks–0.77%
|
|||
|
Affiliated Managers Group, Inc.,
5.50%, 08/20/2034
|
|
127,000
|
127,318
|
|
Ameriprise Financial, Inc.,
|
|
|
|
|
4.50%, 05/13/2032
|
|
13,000
|
12,890
|
|
5.15%, 05/15/2033
|
|
77,000
|
78,378
|
|
5.20%, 04/15/2035
|
|
131,000
|
131,433
|
|
Bank of New York Mellon Corp. (The),
|
|
|
|
|
4.89%, 07/21/2028(d)
|
|
3,000
|
3,021
|
|
4.54%, 04/23/2032(d)
|
|
107,000
|
106,306
|
|
5.06%, 07/22/2032(d)
|
|
37,000
|
37,638
|
|
5.83%, 10/25/2033(d)
|
|
28,000
|
29,564
|
|
5.09%, 04/23/2037(d)
|
|
227,000
|
225,840
|
|
Series J, 4.97%, 04/26/2034(d)
|
|
27,000
|
27,054
|
|
BlackRock, Inc., 4.75%, 05/25/2033
|
|
73,000
|
73,658
|
|
Blue Owl Capital Corp., 6.30%,
08/15/2031
|
|
157,000
|
156,384
|
|
Citadel L.P.,
|
|
|
|
|
6.00%, 01/23/2030(b)
|
|
5,000
|
5,146
|
|
6.38%, 01/23/2032(b)
|
|
16,000
|
16,707
|
|
FS KKR Capital Corp., 6.13%,
01/15/2030
|
|
29,000
|
28,400
|
|
Northern Trust Corp.,
|
|
|
|
|
4.15%, 11/19/2030
|
|
2,000
|
1,978
|
|
5.12%, 11/19/2040(d)
|
|
91,000
|
89,279
|
|
Osaic Holdings, Inc., 6.75%,
08/01/2032(b)
|
|
63,000
|
63,646
|
|
|
Principal
Amount
|
Value
|
|
|
Asset Management & Custody Banks–(continued)
|
|||
|
State Street Corp.,
|
|
|
|
|
4.58% (SOFR + 0.95%),
04/24/2028(e)
|
|
$2,000
|
$2,009
|
|
4.73%, 02/28/2030
|
|
4,000
|
4,035
|
|
4.83%, 04/24/2030
|
|
3,000
|
3,041
|
|
5.15%, 02/28/2036(d)
|
|
6,000
|
6,026
|
|
4.78%, 10/23/2036(d)
|
|
2,000
|
1,949
|
|
Trinity Capital, Inc., 7.00%,
05/21/2031
|
|
129,000
|
129,847
|
|
Voya Global Funding, 4.60%,
11/24/2030(b)
|
|
76,000
|
75,090
|
|
|
|
|
1,436,637
|
|
Automobile Manufacturers–1.22%
|
|||
|
Allison Transmission, Inc.,
|
|
|
|
|
4.75%, 10/01/2027(b)
|
|
200,000
|
200,015
|
|
3.75%, 01/30/2031(b)
|
|
132,000
|
123,706
|
|
5.88%, 12/01/2033(b)
|
|
30,000
|
30,098
|
|
Daimler Truck Finance North
America LLC (Germany), 5.00%,
10/12/2032(b)
|
|
332,000
|
330,904
|
|
Ford Motor Credit Co. LLC,
|
|
|
|
|
7.35%, 11/04/2027
|
|
7,000
|
7,224
|
|
5.92%, 03/20/2028
|
|
200,000
|
203,077
|
|
7.20%, 06/10/2030
|
|
135,000
|
143,183
|
|
5.42%, 04/09/2031
|
|
44,000
|
43,876
|
|
Honda Motor Co. Ltd. (Japan),
|
|
|
|
|
4.69%, 07/08/2030
|
|
32,000
|
31,864
|
|
5.34%, 07/08/2035
|
|
146,000
|
146,688
|
|
Hyundai Capital America,
|
|
|
|
|
4.88%, 06/23/2027(b)
|
|
4,000
|
4,018
|
|
5.00%, 01/07/2028(b)
|
|
11,000
|
11,070
|
|
5.60%, 03/30/2028(b)
|
|
2,000
|
2,033
|
|
5.35%, 03/19/2029(b)
|
|
2,000
|
2,033
|
|
5.30%, 01/08/2030(b)
|
|
10,000
|
10,167
|
|
PACCAR Financial Corp., Series R,
3.90%, 02/05/2029
|
|
5,000
|
4,971
|
|
Toyota Motor Credit Corp.,
|
|
|
|
|
4.55%, 08/09/2029
|
|
3,000
|
3,011
|
|
5.35%, 01/09/2035
|
|
41,000
|
42,112
|
|
Series B,
4.55%, 05/14/2031
|
|
239,000
|
238,301
|
|
4.60%, 03/11/2033
|
|
138,000
|
135,999
|
|
Volkswagen Group of America Finance LLC
(Germany),
|
|
|
|
|
5.25%, 03/22/2029(b)
|
|
255,000
|
257,712
|
|
5.60%, 03/22/2034(b)
|
|
300,000
|
302,901
|
|
|
|
|
2,274,963
|
|
Automotive Parts & Equipment–0.90%
|
|||
|
American Axle & Manufacturing, Inc.,
|
|
|
|
|
6.38%, 10/15/2032(b)
|
|
3,000
|
3,013
|
|
7.75%, 10/15/2033(b)
|
|
140,000
|
140,480
|
|
BMW US Capital LLC (Germany),
|
|
|
|
|
4.50%, 08/11/2030(b)
|
|
19,000
|
18,837
|
|
4.65%, 03/19/2031(b)
|
|
179,000
|
177,960
|
|
5.00%, 03/19/2033(b)
|
|
136,000
|
135,716
|
|
Clarios Global L.P./Clarios US Finance
Co., 6.75%, 02/15/2030(b)
|
|
101,000
|
104,463
|
|
Cougar JV Subsidiary LLC, 8.00%,
05/15/2032(b)
|
|
55,000
|
57,713
|
|
|
Principal
Amount
|
Value
|
|
|
Automotive Parts & Equipment–(continued)
|
|||
|
ERAC USA Finance LLC,
|
|
|
|
|
4.90%, 05/01/2033(b)
|
|
$78,000
|
$77,598
|
|
5.25%, 04/30/2036(b)
|
|
193,000
|
192,980
|
|
Forvia SE (France), 8.00%,
06/15/2030(b)
|
|
68,000
|
71,845
|
|
Magna International, Inc. (Canada),
5.88%, 06/01/2035
|
|
16,000
|
16,716
|
|
Mobility Global, Inc.,
|
|
|
|
|
5.05%, 06/15/2029(b)
|
|
40,000
|
40,198
|
|
5.45%, 06/15/2031(b)
|
|
120,000
|
121,397
|
|
6.05%, 06/15/2036(b)
|
|
177,000
|
180,196
|
|
NESCO Holdings II, Inc., 5.50%,
04/15/2029(b)
|
|
62,000
|
61,784
|
|
Phinia, Inc.,
|
|
|
|
|
6.75%, 04/15/2029(b)
|
|
200,000
|
205,826
|
|
6.63%, 10/15/2032(b)
|
|
67,000
|
68,788
|
|
|
|
|
1,675,510
|
|
Automotive Retail–0.36%
|
|||
|
Advance Auto Parts, Inc., 7.00%,
08/01/2030(b)
|
|
67,000
|
68,891
|
|
AutoZone, Inc.,
|
|
|
|
|
4.75%, 08/01/2032
|
|
20,000
|
19,835
|
|
5.20%, 08/01/2033
|
|
32,000
|
32,319
|
|
Carvana Co., 0.00% PIK Rate, 9.00%
Cash Rate, 06/01/2031(b)(f)
|
|
55,880
|
61,793
|
|
Group 1 Automotive, Inc.,
|
|
|
|
|
4.00%, 08/15/2028(b)
|
|
146,000
|
142,098
|
|
6.38%, 01/15/2030(b)
|
|
57,000
|
57,976
|
|
LCM Investments Holdings II LLC,
8.25%, 08/01/2031(b)
|
|
55,000
|
57,421
|
|
Lithia Motors, Inc.,
|
|
|
|
|
5.50%, 10/01/2030(b)
|
|
92,000
|
91,270
|
|
4.38%, 01/15/2031(b)
|
|
64,000
|
60,684
|
|
O’Reilly Automotive, Inc., 5.00%,
08/19/2034
|
|
75,000
|
74,398
|
|
|
|
|
666,685
|
|
Biotechnology–0.17%
|
|||
|
AbbVie, Inc., 5.50%, 03/15/2064
|
|
72,000
|
69,398
|
|
Amgen, Inc.,
|
|
|
|
|
5.25%, 03/02/2030
|
|
2,000
|
2,044
|
|
5.75%, 03/02/2063
|
|
180,000
|
174,852
|
|
Gilead Sciences, Inc.,
|
|
|
|
|
5.25%, 10/15/2033
|
|
55,000
|
56,755
|
|
5.55%, 10/15/2053
|
|
21,000
|
20,749
|
|
|
|
|
323,798
|
|
Broadcasting–0.36%
|
|||
|
Discovery Communications LLC,
6.35%, 06/01/2040
|
|
37,000
|
30,548
|
|
Gray Media, Inc., 9.63%,
07/15/2032(b)
|
|
17,000
|
16,782
|
|
Nexstar Media, Inc.,
|
|
|
|
|
6.50%, 09/15/2033(b)
|
|
310,000
|
312,690
|
|
7.25%, 04/15/2034(b)
|
|
130,000
|
130,896
|
|
Paramount Global,
|
|
|
|
|
6.88%, 04/30/2036
|
|
74,000
|
68,483
|
|
5.85%, 09/01/2043
|
|
49,000
|
36,142
|
|
|
Principal
Amount
|
Value
|
|
|
Broadcasting–(continued)
|
|||
|
Univision Communications, Inc.,
|
|
|
|
|
4.50%, 05/01/2029(b)
|
|
$44,000
|
$41,858
|
|
9.38%, 08/01/2032(b)
|
|
25,000
|
25,624
|
|
|
|
|
663,023
|
|
Broadline Retail–0.70%
|
|||
|
Amazon.com, Inc.,
|
|
|
|
|
4.25%, 03/13/2031
|
|
90,000
|
89,025
|
|
4.88%, 03/13/2036
|
|
487,000
|
481,328
|
|
5.65%, 03/13/2046
|
|
332,000
|
331,751
|
|
5.80%, 03/13/2056
|
|
388,000
|
388,643
|
|
Macy’s Retail Holdings LLC, 6.13%,
03/15/2032(b)
|
|
7,000
|
7,008
|
|
|
|
|
1,297,755
|
|
Building Products–0.63%
|
|||
|
Carrier Global Corp., 5.90%,
03/15/2034
|
|
16,000
|
16,890
|
|
CRH America Finance, Inc.,
|
|
|
|
|
4.40%, 02/09/2031
|
|
50,000
|
49,370
|
|
5.00%, 02/09/2036
|
|
158,000
|
155,292
|
|
5.60%, 02/09/2056
|
|
41,000
|
40,023
|
|
Lennox International, Inc., 5.50%,
09/15/2028
|
|
6,000
|
6,128
|
|
Masco Corp., 3.13%, 02/15/2051
|
|
997,000
|
648,757
|
|
New Enterprise Stone & Lime Co., Inc.,
5.25%, 07/15/2028(b)
|
|
59,000
|
58,731
|
|
Rentokil Terminix Funding PLC (United
Kingdom), 4.63%, 04/23/2031(b)
|
|
206,000
|
203,198
|
|
|
|
|
1,178,389
|
|
Cable & Satellite–0.63%
|
|||
|
CCO Holdings LLC/CCO Holdings Capital
Corp.,
|
|
|
|
|
5.38%, 06/01/2029(b)
|
|
35,000
|
34,377
|
|
6.38%, 09/01/2029(b)
|
|
17,000
|
17,088
|
|
4.75%, 03/01/2030(b)
|
|
70,000
|
66,198
|
|
4.75%, 02/01/2032(b)
|
|
41,000
|
36,581
|
|
4.50%, 05/01/2032
|
|
44,000
|
38,640
|
|
4.50%, 06/01/2033(b)
|
|
78,000
|
66,779
|
|
7.38%, 02/01/2036(b)
|
|
34,000
|
33,224
|
|
Charter Communications Operating LLC/
Charter Communications Operating
Capital Corp.,
|
|
|
|
|
6.65%, 02/01/2034
|
|
88,000
|
90,898
|
|
5.85%, 12/01/2035
|
|
69,000
|
67,209
|
|
5.75%, 04/01/2048
|
|
60,000
|
50,519
|
|
6.70%, 12/01/2055
|
|
70,000
|
66,318
|
|
Comcast Corp.,
|
|
|
|
|
5.50%, 11/15/2032
|
|
67,000
|
69,559
|
|
6.05%, 05/15/2055
|
|
196,000
|
193,763
|
|
Directv Financing LLC, 8.88%,
02/01/2030(b)
|
|
68,000
|
69,808
|
|
Directv Financing LLC/Directv Financing
Co-Obligor, Inc., 10.00%,
02/15/2031(b)
|
|
34,000
|
35,603
|
|
Sinclair Television Group, Inc., 8.13%,
02/15/2033(b)
|
|
11,000
|
11,316
|
|
Sirius XM Radio LLC, 5.00%,
08/01/2027(b)
|
|
167,000
|
166,832
|
|
|
Principal
Amount
|
Value
|
|
|
Cable & Satellite–(continued)
|
|||
|
Versant Media Group, Inc., 7.25%,
01/30/2031(b)
|
|
$64,000
|
$66,531
|
|
|
|
|
1,181,243
|
|
Cargo Ground Transportation–0.13%
|
|||
|
Fedex Freight Holding Co., Inc.,
|
|
|
|
|
4.30%, 03/15/2029(b)
|
|
11,000
|
10,863
|
|
4.65%, 03/15/2031(b)
|
|
41,000
|
40,405
|
|
4.95%, 03/15/2033(b)
|
|
21,000
|
20,610
|
|
5.25%, 03/15/2036(b)
|
|
104,000
|
101,496
|
|
Penske Truck Leasing Co. L.P./PTL Finance
Corp.,
|
|
|
|
|
5.35%, 01/12/2027(b)
|
|
1,000
|
1,005
|
|
4.40%, 07/01/2027(b)
|
|
3,000
|
2,995
|
|
5.70%, 02/01/2028(b)
|
|
3,000
|
3,047
|
|
5.55%, 05/01/2028(b)
|
|
3,000
|
3,049
|
|
4.55%, 01/15/2031(b)
|
|
53,000
|
52,399
|
|
Ryder System, Inc., 4.90%,
12/01/2029
|
|
5,000
|
5,050
|
|
|
|
|
240,919
|
|
Casinos & Gaming–0.26%
|
|||
|
Las Vegas Sands Corp.,
|
|
|
|
|
5.30%, 05/15/2031
|
|
69,000
|
69,065
|
|
5.65%, 05/18/2033
|
|
65,000
|
65,453
|
|
Melco Resorts Finance Ltd.
(Hong Kong), 6.50%,
09/24/2033(b)
|
|
100,000
|
98,818
|
|
Studio City Finance Ltd. (Macau),
5.00%, 01/15/2029(b)
|
|
200,000
|
191,836
|
|
Voyager Parent LLC, 9.25%,
07/01/2032(b)
|
|
64,000
|
67,926
|
|
|
|
|
493,098
|
|
Commercial & Residential Mortgage Finance–0.39%
|
|||
|
Aviation Capital Group LLC,
|
|
|
|
|
3.50%, 11/01/2027(b)
|
|
8,000
|
7,872
|
|
6.25%, 04/15/2028(b)
|
|
5,000
|
5,130
|
|
6.75%, 10/25/2028(b)
|
|
13,000
|
13,566
|
|
4.25%, 04/30/2029(b)
|
|
16,000
|
15,753
|
|
4.80%, 10/24/2030(b)
|
|
114,000
|
113,116
|
|
Nationstar Mortgage Holdings, Inc.,
|
|
|
|
|
6.50%, 08/01/2029(b)
|
|
90,000
|
89,325
|
|
7.13%, 02/01/2032(b)
|
|
87,000
|
86,130
|
|
Nationwide Building Society (United
Kingdom), 6.56%,
10/18/2027(b)(d)
|
|
242,000
|
243,970
|
|
Radian Group, Inc., 6.20%,
05/15/2029
|
|
9,000
|
9,320
|
|
Rocket Cos., Inc., 6.13%,
08/01/2030(b)
|
|
59,000
|
59,934
|
|
Rocket Mortgage LLC/Rocket Mortgage
Co-Issuer, Inc., 2.88%,
10/15/2026(b)
|
|
24,000
|
23,852
|
|
Walker & Dunlop, Inc., 6.63%,
04/01/2033(b)
|
|
57,000
|
57,746
|
|
|
|
|
725,714
|
|
Commodity Chemicals–0.05%
|
|||
|
Westlake Corp., 3.13%, 08/15/2051
|
|
165,000
|
101,710
|
|
|
Principal
Amount
|
Value
|
|
|
Computer & Electronics Retail–0.12%
|
|||
|
Dell International LLC/EMC Corp.,
5.50%, 04/01/2035
|
|
$186,000
|
$190,545
|
|
Leidos, Inc.,
|
|
|
|
|
4.10%, 03/15/2029
|
|
11,000
|
10,861
|
|
5.75%, 03/15/2033
|
|
27,000
|
27,999
|
|
|
|
|
229,405
|
|
Construction & Engineering–0.03%
|
|||
|
AECOM, 6.00%, 08/01/2033(b)
|
|
60,000
|
60,134
|
|
Construction Machinery & Heavy Transportation Equipment–
0.30%
|
|||
|
Caterpillar Financial Services Corp.,
|
|
|
|
|
3.75%, 02/23/2029
|
|
15,000
|
14,804
|
|
4.13% (SOFR + 0.49%),
02/23/2029(e)
|
|
28,000
|
28,036
|
|
Series L, 4.50%, 05/15/2031
|
|
141,000
|
140,812
|
|
Caterpillar, Inc., 5.20%, 05/15/2035
|
|
44,000
|
45,006
|
|
Cummins, Inc.,
|
|
|
|
|
4.70%, 02/15/2031
|
|
33,000
|
33,234
|
|
5.30%, 05/09/2035
|
|
157,000
|
160,571
|
|
5.45%, 02/20/2054
|
|
36,000
|
35,387
|
|
Westinghouse Air Brake Technologies Corp.,
|
|
|
|
|
4.90%, 05/29/2030
|
|
5,000
|
5,051
|
|
5.50%, 05/29/2035
|
|
92,000
|
94,166
|
|
|
|
|
557,067
|
|
Construction Materials–0.02%
|
|||
|
JH North America Holdings, Inc.,
|
|
|
|
|
5.88%, 01/31/2031(b)
|
|
20,000
|
20,011
|
|
6.13%, 07/31/2032(b)
|
|
17,000
|
17,057
|
|
|
|
|
37,068
|
|
Consumer Electronics–0.12%
|
|||
|
LG Electronics, Inc. (South Korea),
5.63%, 04/24/2029(b)
|
|
100,000
|
102,601
|
|
Tyco Electronics Group S.A. (Switzerland),
|
|
|
|
|
4.50%, 02/09/2031
|
|
14,000
|
13,920
|
|
4.88%, 02/09/2036
|
|
117,000
|
115,300
|
|
|
|
|
231,821
|
|
Consumer Finance–0.86%
|
|||
|
American Express Co.,
|
|
|
|
|
4.73%, 04/25/2029(d)
|
|
2,000
|
2,011
|
|
4.89% (SOFR + 1.26%),
04/25/2029(e)
|
|
5,000
|
5,049
|
|
5.53%, 04/25/2030(d)
|
|
6,000
|
6,159
|
|
5.02%, 04/25/2031(d)
|
|
22,000
|
22,285
|
|
5.44%, 01/30/2036(d)
|
|
52,000
|
53,098
|
|
5.67%, 04/25/2036(d)
|
|
68,000
|
70,549
|
|
4.80%, 10/24/2036(d)
|
|
373,000
|
361,085
|
|
5.41%, 02/08/2041(d)
|
|
345,000
|
344,394
|
|
Bread Financial Holdings, Inc., 8.38%,
06/15/2035(b)(d)
|
|
30,000
|
31,378
|
|
Capital One Financial Corp.,
|
|
|
|
|
7.15%, 10/29/2027(d)
|
|
5,000
|
5,053
|
|
4.49%, 09/11/2031(d)
|
|
4,000
|
3,933
|
|
5.40%, 01/30/2037(d)
|
|
118,000
|
116,530
|
|
EZCORP, Inc., 7.38%, 04/01/2032(b)
|
|
187,000
|
198,414
|
|
FirstCash, Inc.,
|
|
|
|
|
6.88%, 03/01/2032(b)
|
|
49,000
|
50,444
|
|
6.13%, 05/01/2034(b)
|
|
29,000
|
29,035
|
|
|
Principal
Amount
|
Value
|
|
|
Consumer Finance–(continued)
|
|||
|
Navient Corp.,
|
|
|
|
|
4.88%, 03/15/2028
|
|
$12,000
|
$11,768
|
|
7.88%, 06/15/2032
|
|
97,000
|
90,349
|
|
OneMain Finance Corp.,
|
|
|
|
|
6.63%, 05/15/2029
|
|
36,000
|
36,606
|
|
4.00%, 09/15/2030
|
|
17,000
|
15,700
|
|
7.13%, 11/15/2031
|
|
75,000
|
75,981
|
|
6.75%, 03/15/2032
|
|
29,000
|
28,874
|
|
7.13%, 09/15/2032
|
|
38,000
|
38,341
|
|
Synchrony Financial, 5.02%,
07/29/2029(d)
|
|
5,000
|
5,007
|
|
|
|
|
1,602,043
|
|
Consumer Staples Merchandise Retail–0.24%
|
|||
|
Dollar General Corp.,
|
|
|
|
|
5.00%, 11/01/2032
|
|
13,000
|
12,946
|
|
5.50%, 11/01/2052
|
|
248,000
|
234,755
|
|
Dollar Tree, Inc., 3.38%, 12/01/2051
|
|
134,000
|
89,042
|
|
Target Corp., 5.00%, 04/15/2035
|
|
79,000
|
79,291
|
|
Walmart, Inc., 4.50%, 09/09/2052
|
|
31,000
|
26,976
|
|
|
|
|
443,010
|
|
Copper–0.00%
|
|||
|
Freeport-McMoRan, Inc., 4.38%,
08/01/2028
|
|
6,000
|
5,972
|
|
Distillers & Vintners–0.03%
|
|||
|
Brown-Forman Corp., 4.75%,
04/15/2033
|
|
15,000
|
14,804
|
|
Constellation Brands, Inc.,
|
|
|
|
|
4.80%, 05/01/2030
|
|
2,000
|
2,014
|
|
4.90%, 05/01/2033
|
|
13,000
|
12,893
|
|
4.95%, 11/01/2035
|
|
26,000
|
25,332
|
|
|
|
|
55,043
|
|
Distributors–0.06%
|
|||
|
Genuine Parts Co.,
|
|
|
|
|
6.50%, 11/01/2028
|
|
19,000
|
19,680
|
|
4.95%, 08/15/2029
|
|
16,000
|
15,950
|
|
6.88%, 11/01/2033
|
|
74,000
|
80,173
|
|
|
|
|
115,803
|
|
Diversified Banks–14.89%
|
|||
|
Australia and New Zealand Banking Group
Ltd. (Australia),
|
|
|
|
|
6.74%, 12/08/2032(b)
|
|
333,000
|
359,746
|
|
6.75%(b)(d)(g)
|
|
515,000
|
515,357
|
|
Banco Bilbao Vizcaya Argentaria S.A. (Spain),
|
|
|
|
|
7.13%(d)(g)
|
|
215,000
|
216,784
|
|
9.38%(d)(g)
|
|
14,000
|
15,355
|
|
Banco Santander S.A. (Spain),
|
|
|
|
|
5.55%, 03/14/2028(d)
|
|
200,000
|
201,713
|
|
5.07%, 11/06/2030
|
|
200,000
|
197,004
|
|
5.13%, 11/06/2035
|
|
200,000
|
196,385
|
|
7.25%(d)(g)
|
|
400,000
|
402,987
|
|
|
Principal
Amount
|
Value
|
|
|
Diversified Banks–(continued)
|
|||
|
Bank of America Corp.,
|
|
|
|
|
4.46% (SOFR + 0.83%),
01/24/2029(e)
|
|
$2,000
|
$2,006
|
|
4.62%, 05/09/2029(d)
|
|
2,000
|
2,005
|
|
4.48%, 04/23/2030(d)
|
|
10,000
|
9,957
|
|
4.64% (SOFR + 1.01%),
01/24/2031(e)
|
|
17,000
|
17,089
|
|
5.16%, 01/24/2031(d)
|
|
4,000
|
4,068
|
|
4.46%, 02/06/2032(d)
|
|
8,000
|
7,880
|
|
4.70%, 04/23/2032(d)
|
|
41,000
|
40,761
|
|
5.43%, 08/15/2035(d)
|
|
71,000
|
71,346
|
|
5.51%, 01/24/2036(d)
|
|
7,000
|
7,174
|
|
5.49%, 04/23/2037(d)
|
|
331,000
|
329,605
|
|
7.75%, 05/14/2038
|
|
650,000
|
776,427
|
|
2.68%, 06/19/2041(d)
|
|
4,000
|
2,903
|
|
6.63%(d)(g)
|
|
61,000
|
63,089
|
|
Series N, 4.50% (SOFR + 0.87%),
02/06/2032(e)
|
|
363,000
|
361,357
|
|
Series RR, 4.38%(d)(g)
|
|
51,000
|
50,686
|
|
Bank of Montreal (Canada),
|
|
|
|
|
Series J, 4.34%, 03/19/2030(d)
|
|
4,000
|
3,977
|
|
7.70%, 05/26/2084(d)
|
|
456,000
|
478,879
|
|
7.30%, 11/26/2084(d)
|
|
250,000
|
262,514
|
|
Bank of New Zealand (New Zealand),
5.70%, 01/28/2035(b)(d)
|
|
256,000
|
261,374
|
|
Bank of Nova Scotia (The) (Canada),
|
|
|
|
|
4.90%, 06/05/2032(d)
|
|
322,000
|
322,435
|
|
8.63%, 10/27/2082(d)
|
|
429,000
|
448,764
|
|
8.00%, 01/27/2084(d)
|
|
235,000
|
248,680
|
|
6.88%, 10/27/2085(d)
|
|
339,000
|
342,608
|
|
Barclays PLC (United Kingdom),
|
|
|
|
|
4.22%, 05/24/2030(d)
|
|
200,000
|
196,948
|
|
4.57% (SOFR + 0.93%),
05/24/2030(e)
|
|
200,000
|
199,986
|
|
5.37%, 02/25/2031(d)
|
|
209,000
|
212,452
|
|
4.52%, 02/24/2032(d)
|
|
201,000
|
196,910
|
|
5.21%, 02/24/2037(d)
|
|
400,000
|
389,575
|
|
5.86%, 08/11/2046(d)
|
|
200,000
|
199,767
|
|
BBVA Bancomer S.A. (Mexico), 5.40%,
06/03/2031(b)
|
|
200,000
|
200,516
|
|
BNP Paribas S.A. (France),
7.20%(b)(d)(g)
|
|
205,000
|
205,377
|
|
BPCE S.A. (France),
|
|
|
|
|
6.29%, 01/14/2036(b)(d)
|
|
250,000
|
261,596
|
|
5.42%, 01/13/2037(b)(d)
|
|
333,000
|
326,261
|
|
6.35%, 01/13/2047(b)(d)
|
|
250,000
|
244,408
|
|
Brundage-Bone Concrete Pumping
Holdings, Inc., 7.50%,
02/01/2032(b)
|
|
60,000
|
61,857
|
|
CaixaBank S.A. (Spain), 5.40%,
04/22/2037(b)(d)
|
|
201,000
|
199,294
|
|
|
Principal
Amount
|
Value
|
|
|
Diversified Banks–(continued)
|
|||
|
Citigroup, Inc.,
|
|
|
|
|
4.78% (SOFR + 1.14%),
05/07/2028(e)
|
|
$8,000
|
$8,036
|
|
5.17%, 02/13/2030(d)
|
|
6,000
|
6,087
|
|
4.54%, 09/19/2030(d)
|
|
21,000
|
20,918
|
|
5.10% (SOFR + 1.46%),
05/07/2031(e)
|
|
7,000
|
7,124
|
|
2.57%, 06/03/2031(d)
|
|
7,000
|
6,441
|
|
4.50%, 09/11/2031(d)
|
|
84,000
|
83,123
|
|
6.17%, 05/25/2034(d)
|
|
96,000
|
100,508
|
|
5.83%, 02/13/2035(d)
|
|
80,000
|
81,713
|
|
5.17%, 09/11/2036(d)
|
|
7,000
|
6,968
|
|
5.41%, 09/19/2039(d)
|
|
108,000
|
106,773
|
|
5.61%, 03/04/2056(d)
|
|
208,000
|
203,946
|
|
6.63%(d)(g)
|
|
371,000
|
376,921
|
|
Series AA, 7.63%(d)(g)
|
|
206,000
|
214,776
|
|
Series BB, 7.20%(d)(g)
|
|
143,000
|
147,548
|
|
Series DD, 7.00%(d)(g)
|
|
166,000
|
172,200
|
|
Series JJ, 6.50%(d)(g)
|
|
537,000
|
543,040
|
|
Corporacion Financiera de Desarrollo
S.A. (Peru), 5.95%, 04/30/2029(b)
|
|
200,000
|
206,705
|
|
Credit Agricole S.A. (France),
|
|
|
|
|
5.22%, 05/27/2031(b)(d)
|
|
250,000
|
252,772
|
|
4.82%, 09/25/2033(b)(d)
|
|
325,000
|
318,204
|
|
Danske Bank A/S (Denmark), 5.00%,
03/27/2032(b)(d)
|
|
200,000
|
200,553
|
|
Federation des caisses Desjardins du
Quebec (Canada), 5.02%,
05/27/2031(b)
|
|
274,000
|
276,580
|
|
Fifth Third Bancorp,
|
|
|
|
|
6.34%, 07/27/2029(d)
|
|
2,000
|
2,071
|
|
4.77%, 07/28/2030(d)
|
|
6,000
|
6,001
|
|
4.57%, 04/29/2032(d)
|
|
140,000
|
137,712
|
|
4.34%, 04/25/2033(d)
|
|
20,000
|
19,316
|
|
Fifth Third Financial Corp., 5.98%,
01/30/2030(d)
|
|
6,000
|
6,184
|
|
HSBC Holdings PLC (United Kingdom),
|
|
|
|
|
4.40%, 03/10/2030(d)
|
|
202,000
|
200,260
|
|
4.71%, 05/12/2030(d)
|
|
200,000
|
199,611
|
|
5.29%, 11/19/2030(d)
|
|
290,000
|
294,233
|
|
5.13%, 03/03/2031(d)
|
|
200,000
|
201,892
|
|
5.24%, 05/13/2031(d)
|
|
253,000
|
256,262
|
|
4.68%, 03/10/2032(d)
|
|
201,000
|
198,438
|
|
5.21%, 05/12/2034(d)
|
|
215,000
|
214,685
|
|
7.40%, 11/13/2034(d)
|
|
7,000
|
7,801
|
|
5.28%, 03/10/2037(d)
|
|
416,000
|
411,742
|
|
6.75%(d)(g)
|
|
201,000
|
201,979
|
|
6.88%(d)(g)
|
|
216,000
|
221,969
|
|
7.05%(d)(g)
|
|
249,000
|
255,216
|
|
JPMorgan Chase & Co.,
|
|
|
|
|
5.57%, 04/22/2028(d)
|
|
2,000
|
2,022
|
|
4.32%, 04/26/2028(d)
|
|
4,000
|
3,998
|
|
4.92%, 01/24/2029(d)
|
|
2,000
|
2,015
|
|
5.30%, 07/24/2029(d)
|
|
2,000
|
2,030
|
|
5.01%, 01/23/2030(d)
|
|
6,000
|
6,058
|
|
5.58%, 04/22/2030(d)
|
|
10,000
|
10,257
|
|
4.41%, 04/23/2030(d)
|
|
47,000
|
46,757
|
|
5.00%, 07/22/2030(d)
|
|
18,000
|
18,175
|
|
4.60%, 10/22/2030(d)
|
|
3,000
|
2,996
|
|
5.14%, 01/24/2031(d)
|
|
9,000
|
9,143
|
|
|
Principal
Amount
|
Value
|
|
|
Diversified Banks–(continued)
|
|||
|
5.10%, 04/22/2031(d)
|
|
$2,000
|
$2,034
|
|
4.26%, 10/22/2031(d)
|
|
5,000
|
4,905
|
|
4.35%, 01/22/2032(d)
|
|
4,000
|
3,932
|
|
4.62%, 04/23/2032(d)
|
|
300,000
|
297,599
|
|
4.59%, 04/26/2033(d)
|
|
22,000
|
21,700
|
|
5.72%, 09/14/2033(d)
|
|
93,000
|
96,166
|
|
5.34%, 01/23/2035(d)
|
|
22,000
|
22,337
|
|
5.50%, 01/24/2036(d)
|
|
5,000
|
5,118
|
|
5.57%, 04/22/2036(d)
|
|
2,000
|
2,059
|
|
5.58%, 07/23/2036(d)
|
|
2,000
|
2,033
|
|
4.90%, 01/22/2037(d)
|
|
226,000
|
220,315
|
|
5.15%, 04/23/2037(d)
|
|
151,000
|
150,135
|
|
5.53%, 11/29/2045(d)
|
|
98,000
|
97,570
|
|
6.10%(d)(g)
|
|
626,000
|
631,306
|
|
Series W, 4.91% (3 mo. Term SOFR
+ 1.26%), 05/15/2047(e)
|
|
134,000
|
122,245
|
|
Series NN, 6.88%(d)(g)
|
|
34,000
|
35,516
|
|
Series OO, 6.50%(d)(g)
|
|
154,000
|
157,950
|
|
KeyBank N.A., 5.85%, 11/15/2027
|
|
7,000
|
7,131
|
|
KeyCorp, 5.31%, 01/28/2037(d)
|
|
76,000
|
74,930
|
|
Lloyds Banking Group PLC (United Kingdom),
|
|
|
|
|
4.43%, 11/04/2031(d)
|
|
211,000
|
207,583
|
|
6.63%(d)(g)
|
|
200,000
|
197,022
|
|
Macquarie Bank Ltd. (Australia),
4.11% (SOFR + 0.48%),
02/03/2028(b)(e)
|
|
5,000
|
5,002
|
|
Mitsubishi UFJ Financial Group, Inc. (Japan),
|
|
|
|
|
5.26%, 04/17/2030(d)
|
|
7,000
|
7,114
|
|
5.11% (SOFR + 1.48%),
04/24/2031(e)
|
|
200,000
|
204,277
|
|
5.16%, 04/24/2031(d)
|
|
206,000
|
209,007
|
|
5.41%, 04/19/2034(d)
|
|
205,000
|
210,231
|
|
5.57%, 01/16/2036(d)
|
|
287,000
|
294,857
|
|
5.19%, 09/12/2036(d)
|
|
227,000
|
226,724
|
|
6.35%(d)(g)
|
|
291,000
|
292,389
|
|
8.20%(d)(g)
|
|
222,000
|
240,345
|
|
Mizuho Bank Ltd. (Japan),
|
|
|
|
|
5.19%, 04/16/2036(b)
|
|
200,000
|
199,601
|
|
5.77%, 04/16/2046(b)
|
|
200,000
|
200,349
|
|
Mizuho Financial Group, Inc. (Japan),
5.59%, 07/10/2035(d)
|
|
325,000
|
334,322
|
|
Morgan Stanley Bank, N.A., 4.61%
(SOFR + 0.98%), 05/10/2030(e)
|
|
192,000
|
193,079
|
|
Morgan Stanley Private Bank N.A.,
4.73%, 07/18/2031(d)
|
|
250,000
|
249,387
|
|
National Australia Bank Ltd. (Australia),
5.90%, 01/14/2036(b)(d)
|
|
494,000
|
507,720
|
|
National Securities Clearing Corp.,
5.10%, 11/21/2027(b)
|
|
8,000
|
8,107
|
|
Nordea Bank Abp (Finland),
|
|
|
|
|
6.30%(b)(d)(g)
|
|
200,000
|
202,495
|
|
6.75%(b)(d)(g)
|
|
212,000
|
215,060
|
|
Pinnacle Bank, 5.63%, 02/15/2028
|
|
536,000
|
543,071
|
|
|
Principal
Amount
|
Value
|
|
|
Diversified Banks–(continued)
|
|||
|
PNC Financial Services Group, Inc. (The),
|
|
|
|
|
4.08%, 01/26/2029(d)
|
|
$2,000
|
$1,989
|
|
4.25% (SOFR + 0.62%),
01/26/2029(e)
|
|
4,000
|
4,003
|
|
5.58%, 06/12/2029(d)
|
|
2,000
|
2,046
|
|
4.31% (SOFR + 0.68%),
10/26/2029(e)
|
|
331,000
|
331,195
|
|
4.62%, 10/26/2029(d)
|
|
264,000
|
264,195
|
|
4.63%, 06/06/2033(d)
|
|
7,000
|
6,798
|
|
5.07%, 01/24/2034(d)
|
|
22,000
|
22,073
|
|
5.37%, 07/21/2036(d)
|
|
71,000
|
71,721
|
|
5.42%, 01/25/2041(d)
|
|
122,000
|
119,948
|
|
Royal Bank of Canada (Canada),
|
|
|
|
|
7.50%, 05/02/2084(d)
|
|
414,000
|
429,857
|
|
6.50%, 11/24/2085(d)
|
|
211,000
|
207,286
|
|
6.50%, 05/24/2086(d)
|
|
501,000
|
495,635
|
|
Standard Chartered PLC (United Kingdom),
|
|
|
|
|
6.75%, 02/08/2028(b)(d)
|
|
109,000
|
110,639
|
|
5.01%, 10/15/2030(b)(d)
|
|
200,000
|
201,520
|
|
5.24%, 05/13/2031(b)(d)
|
|
200,000
|
202,469
|
|
5.31% (SOFR + 1.68%),
05/13/2031(b)(e)
|
|
200,000
|
205,219
|
|
5.24%, 01/13/2037(b)(d)
|
|
400,000
|
392,628
|
|
7.00%(b)(d)(g)
|
|
283,000
|
284,465
|
|
Sumitomo Mitsui Financial Group, Inc.
(Japan), 5.33%, 03/03/2041(d)
|
|
233,000
|
228,254
|
|
Sumitomo Mitsui Trust Group, Inc.
(Japan), 5.42%, 09/11/2036(b)(d)
|
|
207,000
|
204,121
|
|
Toronto-Dominion Bank (The) (Canada),
|
|
|
|
|
4.93%, 10/15/2035
|
|
89,000
|
87,524
|
|
8.13%, 10/31/2082(d)
|
|
349,000
|
362,501
|
|
U.S. Bancorp,
|
|
|
|
|
5.78%, 06/12/2029(d)
|
|
5,000
|
5,123
|
|
5.03%, 01/26/2037(d)
|
|
4,000
|
3,942
|
|
Wells Fargo & Co.,
|
|
|
|
|
5.71%, 04/22/2028(d)
|
|
4,000
|
4,046
|
|
5.00% (SOFR + 1.37%),
04/23/2029(e)
|
|
16,000
|
16,192
|
|
5.57%, 07/25/2029(d)
|
|
5,000
|
5,099
|
|
4.18%, 01/23/2030(d)
|
|
10,000
|
9,899
|
|
5.20%, 01/23/2030(d)
|
|
8,000
|
8,121
|
|
5.15%, 04/23/2031(d)
|
|
7,000
|
7,105
|
|
4.84%, 05/20/2032(d)
|
|
235,000
|
234,857
|
|
5.39%, 04/24/2034(d)
|
|
24,000
|
24,442
|
|
5.56%, 07/25/2034(d)
|
|
16,000
|
16,465
|
|
5.50%, 01/23/2035(d)
|
|
46,000
|
46,995
|
|
5.61%, 04/23/2036(d)
|
|
7,000
|
7,184
|
|
5.38%, 11/02/2043
|
|
247,000
|
232,828
|
|
5.43%, 01/23/2047(d)
|
|
269,000
|
258,555
|
|
6.13%(d)(g)
|
|
362,000
|
365,139
|
|
6.85%(d)(g)
|
|
38,000
|
39,407
|
|
7.63%(d)(g)
|
|
32,000
|
33,697
|
|
Westpac Banking Corp. (Australia),
|
|
|
|
|
4.15%, 05/11/2028
|
|
19,000
|
18,984
|
|
5.41%, 08/10/2033(d)
|
|
10,000
|
10,126
|
|
5.62%, 11/20/2035(d)
|
|
45,000
|
45,560
|
|
|
|
|
27,728,196
|
|
|
Principal
Amount
|
Value
|
|
|
Diversified Capital Markets–1.13%
|
|||
|
Credit Suisse Group AG (Switzerland),
|
|
|
|
|
4.50%(b)(c)(d)(g)(h)
|
|
$268,000
|
$76,313
|
|
5.25%(b)(c)(d)(g)(h)
|
|
248,000
|
70,618
|
|
Deutsche Bank AG (Germany), 5.06%,
04/14/2032(d)
|
|
150,000
|
149,796
|
|
UBS Group AG (Switzerland),
|
|
|
|
|
4.75%, 05/12/2028(b)(d)
|
|
7,000
|
7,024
|
|
4.40%, 09/23/2031(b)(d)
|
|
200,000
|
196,425
|
|
5.01%, 03/23/2037(b)(d)
|
|
200,000
|
195,030
|
|
5.20%, 08/10/2037(b)(d)
|
|
448,000
|
441,208
|
|
5.53%, 05/06/2047(b)(d)
|
|
486,000
|
470,539
|
|
4.38%(b)(d)(g)
|
|
258,000
|
235,851
|
|
7.13%(b)(d)(g)
|
|
250,000
|
254,475
|
|
|
|
|
2,097,279
|
|
Diversified Financial Services–2.65%
|
|||
|
AerCap Ireland Capital DAC/AerCap
Global Aviation Trust (Ireland),
6.50%, 01/31/2056(d)
|
|
280,000
|
285,970
|
|
Amrize Finance US LLC,
|
|
|
|
|
4.70%, 04/07/2028
|
|
5,000
|
5,015
|
|
4.95%, 04/07/2030
|
|
3,000
|
3,026
|
|
Avolon Holdings Funding Ltd. (Ireland),
|
|
|
|
|
4.95%, 01/15/2028(b)
|
|
15,000
|
15,064
|
|
6.38%, 05/04/2028(b)
|
|
13,000
|
13,373
|
|
5.75%, 03/01/2029(b)
|
|
4,000
|
4,090
|
|
4.20%, 04/15/2029(b)
|
|
50,000
|
49,184
|
|
5.75%, 11/15/2029(b)
|
|
4,000
|
4,104
|
|
5.15%, 01/15/2030(b)
|
|
5,000
|
5,026
|
|
4.70%, 01/30/2031(b)
|
|
82,000
|
80,664
|
|
4.95%, 10/15/2032(b)
|
|
286,000
|
279,122
|
|
BlackRock Funding, Inc., 4.90%,
01/08/2035
|
|
21,000
|
21,114
|
|
Citadel Finance LLC,
|
|
|
|
|
4.75%, 02/14/2029(b)
|
|
253,000
|
248,822
|
|
5.15%, 02/14/2031(b)
|
|
311,000
|
304,343
|
|
Citadel Securities Global Holdings LLC,
|
|
|
|
|
5.13%, 01/27/2032(b)
|
|
267,000
|
263,486
|
|
5.75%, 03/27/2036(b)
|
|
250,000
|
247,141
|
|
Corebridge Financial, Inc.,
|
|
|
|
|
6.05%, 09/15/2033
|
|
60,000
|
63,013
|
|
5.75%, 01/15/2034
|
|
65,000
|
66,820
|
|
Eagle Funding LuxCo S.a.r.l. (Mexico),
5.50%, 08/17/2030(b)
|
|
1,277,000
|
1,285,913
|
|
Freedom Mortgage Holdings LLC,
8.38%, 04/01/2032(b)
|
|
29,000
|
29,464
|
|
GABX Leasing LLC, 4.63%,
04/15/2031(b)
|
|
118,000
|
116,497
|
|
GGAM Finance Ltd. (Ireland), 5.88%,
03/15/2030(b)
|
|
99,000
|
100,196
|
|
Global Aircraft Leasing Co. Ltd.
(Cayman Islands), 8.75%,
09/01/2027(b)
|
|
190,000
|
194,430
|
|
Goodman US Finance Seven, LLC
(Australia), 5.25%, 04/28/2036(b)
|
|
48,000
|
47,376
|
|
Horizon Mutual Holdings, Inc., 6.20%,
11/15/2034(b)
|
|
70,000
|
67,382
|
|
Jackson Financial, Inc., 5.67%,
06/08/2032
|
|
7,000
|
7,087
|
|
|
Principal
Amount
|
Value
|
|
|
Diversified Financial Services–(continued)
|
|||
|
Jane Street Group/JSG Finance, Inc.,
|
|
|
|
|
7.13%, 04/30/2031(b)
|
|
$60,000
|
$62,234
|
|
6.13%, 11/01/2032(b)
|
|
70,000
|
70,215
|
|
6.75%, 05/01/2033(b)
|
|
252,000
|
259,332
|
|
LPL Holdings, Inc.,
|
|
|
|
|
5.70%, 05/20/2027
|
|
5,000
|
5,057
|
|
5.20%, 03/15/2030
|
|
39,000
|
39,324
|
|
5.15%, 06/15/2030
|
|
35,000
|
35,220
|
|
5.65%, 03/15/2035
|
|
145,000
|
144,319
|
|
LSEG US Fin Corp. (United Kingdom),
5.25%, 03/23/2036(b)
|
|
200,000
|
199,522
|
|
Macquarie Airfinance Holdings Ltd. (United
Kingdom),
|
|
|
|
|
6.40%, 03/26/2029(b)
|
|
2,000
|
2,065
|
|
5.15%, 03/17/2030(b)
|
|
2,000
|
1,992
|
|
6.50%, 03/26/2031(b)
|
|
2,000
|
2,093
|
|
Provident Funding Associates L.P./PFG
Finance Corp., 9.75%,
09/15/2029(b)
|
|
83,000
|
86,811
|
|
Wynnton Funding Trust II, 5.99%,
08/15/2055(b)
|
|
212,000
|
211,810
|
|
|
|
|
4,927,716
|
|
Diversified Metals & Mining–0.66%
|
|||
|
BHP Billiton Finance (USA) Ltd. (Australia),
|
|
|
|
|
5.25%, 09/08/2030
|
|
8,000
|
8,207
|
|
5.25%, 09/08/2033
|
|
104,000
|
106,565
|
|
5.75%, 09/05/2055
|
|
40,000
|
40,715
|
|
Corp. Nacional del Cobre de Chile
(Chile), 5.53%, 01/30/2037(b)
|
|
215,000
|
212,968
|
|
Glencore Funding LLC (Australia),
|
|
|
|
|
4.91%, 04/01/2028(b)
|
|
5,000
|
5,034
|
|
5.37%, 04/04/2029(b)
|
|
6,000
|
6,118
|
|
5.19%, 04/01/2030(b)
|
|
17,000
|
17,253
|
|
4.90%, 07/01/2031(b)
|
|
120,000
|
120,183
|
|
5.20%, 07/01/2033(b)
|
|
148,000
|
148,622
|
|
5.63%, 04/04/2034(b)
|
|
67,000
|
69,048
|
|
5.51%, 04/01/2036(b)
|
|
309,000
|
312,266
|
|
5.89%, 04/04/2054(b)
|
|
19,000
|
18,979
|
|
6.14%, 04/01/2055(b)
|
|
59,000
|
60,858
|
|
Rio Tinto Finance (USA) PLC (Australia),
|
|
|
|
|
4.88%, 03/14/2030
|
|
11,000
|
11,147
|
|
5.00%, 03/14/2032
|
|
31,000
|
31,422
|
|
5.75%, 03/14/2055
|
|
27,000
|
27,348
|
|
5.88%, 03/14/2065
|
|
28,000
|
28,681
|
|
|
|
|
1,225,414
|
|
Diversified REITs–0.08%
|
|||
|
CubeSmart L.P., 2.50%, 02/15/2032
|
|
6,000
|
5,298
|
|
Goodman US Finance Eight, LLC
(Australia), 5.88%, 04/28/2046(b)
|
|
66,000
|
65,054
|
|
Iron Mountain Information Management
Services, Inc., 5.00%,
07/15/2032(b)
|
|
64,000
|
61,715
|
|
Uniti Group L.P./Uniti Group Finance
2019, Inc./CSL Capital LLC, 8.63%,
06/15/2032(b)
|
|
10,000
|
10,493
|
|
|
|
|
142,560
|
|
Diversified Support Services–0.19%
|
|||
|
Amazon Conservation DAC (Ecuador),
6.03%, 01/16/2042(b)
|
|
305,000
|
308,446
|
|
|
Principal
Amount
|
Value
|
|
|
Diversified Support Services–(continued)
|
|||
|
Element Fleet Management Corp. (Canada),
|
|
|
|
|
6.32%, 12/04/2028(b)
|
|
$3,000
|
$3,117
|
|
5.04%, 03/25/2030(b)
|
|
33,000
|
33,304
|
|
|
|
|
344,867
|
|
Drug Retail–0.82%
|
|||
|
CK Hutchison International (23) Ltd. (United
Kingdom),
|
|
|
|
|
4.75%, 04/21/2028(b)
|
|
118,000
|
118,971
|
|
4.88%, 04/21/2033(b)
|
|
302,000
|
303,816
|
|
CVS Pass-Through Trust,
|
|
|
|
|
6.04%, 12/10/2028
|
|
125,169
|
125,712
|
|
5.77%, 01/10/2033(b)
|
|
662,528
|
664,824
|
|
Teva Pharmaceutical Finance
Netherlands IV B.V. (Israel), 5.75%,
12/01/2030
|
|
300,000
|
307,054
|
|
|
|
|
1,520,377
|
|
Electric Utilities–5.79%
|
|||
|
AEP Texas, Inc., 5.70%, 05/15/2034
|
|
21,000
|
21,718
|
|
AEP Transmission Co. LLC, 5.38%,
06/15/2035
|
|
14,000
|
14,267
|
|
Alabama Power Co.,
|
|
|
|
|
Series C, 4.30%, 03/15/2031
|
|
18,000
|
17,774
|
|
5.85%, 11/15/2033
|
|
15,000
|
15,828
|
|
5.10%, 04/02/2035
|
|
13,000
|
13,112
|
|
American Electric Power Co., Inc.,
|
|
|
|
|
5.20%, 01/15/2029
|
|
3,000
|
3,053
|
|
Series C, 5.80%, 03/15/2056(d)
|
|
148,000
|
147,656
|
|
Series D, 6.05%, 03/15/2056(d)
|
|
17,000
|
16,867
|
|
Arizona Public Service Co., 5.90%,
08/15/2055
|
|
125,000
|
125,361
|
|
Baltimore Gas and Electric Co., 5.45%,
06/01/2035
|
|
28,000
|
28,580
|
|
California Buyer Ltd./Atlantica
Sustainable Infrastructure PLC
(United Kingdom), 6.38%,
02/15/2032(b)
|
|
85,000
|
84,577
|
|
Capital Power (US Holdings), Inc. (Canada),
|
|
|
|
|
5.26%, 06/01/2028(b)
|
|
3,000
|
3,022
|
|
6.19%, 06/01/2035(b)
|
|
102,000
|
105,618
|
|
CenterPoint Energy Houston Electric LLC,
|
|
|
|
|
4.80%, 03/15/2030
|
|
6,000
|
6,067
|
|
5.05%, 03/01/2035
|
|
21,000
|
21,024
|
|
Series AJ, 4.85%, 10/01/2052
|
|
300,000
|
267,006
|
|
Commonwealth Edison Co., 5.95%,
06/01/2055
|
|
212,000
|
216,110
|
|
Consolidated Edison Co. of New York, Inc.,
|
|
|
|
|
5.50%, 03/15/2034
|
|
3,000
|
3,123
|
|
6.15%, 11/15/2052
|
|
16,000
|
16,789
|
|
5.90%, 11/15/2053
|
|
41,000
|
41,560
|
|
5.75%, 11/15/2055
|
|
113,000
|
111,925
|
|
Constellation Energy Generation LLC,
|
|
|
|
|
6.13%, 01/15/2034
|
|
16,000
|
17,060
|
|
6.50%, 10/01/2053
|
|
21,000
|
22,548
|
|
5.75%, 03/15/2054
|
|
43,000
|
42,328
|
|
5.88%, 01/15/2066
|
|
66,000
|
64,364
|
|
Constellation Energy Generation, LLC,
|
|
|
|
|
4.80%, 01/15/2032
|
|
248,000
|
246,892
|
|
5.30%, 06/01/2036
|
|
303,000
|
301,866
|
|
|
Principal
Amount
|
Value
|
|
|
Electric Utilities–(continued)
|
|||
|
Cumberland Combined Cycle
Generation LLC, 5.82%,
05/15/2056
|
|
$315,000
|
$321,572
|
|
Duke Energy Carolinas LLC,
|
|
|
|
|
5.25%, 03/15/2035
|
|
91,000
|
92,686
|
|
5.35%, 01/15/2053
|
|
58,000
|
54,854
|
|
Duke Energy Corp.,
|
|
|
|
|
4.85%, 01/05/2029
|
|
3,000
|
3,026
|
|
5.00%, 08/15/2052
|
|
55,000
|
47,837
|
|
Duke Energy Florida LLC, 4.20%,
12/01/2030
|
|
12,000
|
11,843
|
|
Duke Energy Indiana LLC,
|
|
|
|
|
5.40%, 04/01/2053
|
|
37,000
|
35,068
|
|
5.90%, 05/15/2055
|
|
55,000
|
55,574
|
|
Edison International, 5.00%,
05/05/2028
|
|
46,000
|
46,103
|
|
Electricite de France S.A. (France),
|
|
|
|
|
5.25%, 04/22/2036(b)
|
|
381,000
|
374,851
|
|
6.38%, 01/13/2055(b)
|
|
202,000
|
206,816
|
|
6.13%, 04/22/2056(b)
|
|
396,000
|
391,752
|
|
6.25%, 04/22/2066(b)
|
|
332,000
|
326,798
|
|
Emera US Finance LLC,
|
|
|
|
|
4.50%, 04/01/2029
|
|
24,000
|
23,905
|
|
5.20%, 04/01/2033
|
|
49,000
|
48,790
|
|
Series A, 6.65%, 10/01/2056(d)
|
|
118,000
|
119,590
|
|
Series B, 6.85%, 10/01/2056(d)
|
|
93,000
|
94,322
|
|
Entergy Corp.,
|
|
|
|
|
7.13%, 12/01/2054(d)
|
|
15,000
|
15,566
|
|
5.88%, 06/15/2056(d)
|
|
118,000
|
118,530
|
|
Entergy Louisiana LLC, 5.15%,
09/15/2034
|
|
45,000
|
45,484
|
|
Entergy Texas, Inc., 5.25%,
04/15/2035
|
|
64,000
|
64,474
|
|
Evergy Metro, Inc.,
|
|
|
|
|
4.95%, 04/15/2033
|
|
22,000
|
22,059
|
|
5.13%, 08/15/2035
|
|
73,000
|
72,599
|
|
Evergy Missouri West, Inc., 5.25%,
12/15/2035(b)
|
|
70,000
|
69,417
|
|
Evergy, Inc., 4.25%, 03/15/2029
|
|
4,000
|
3,964
|
|
Exelon Corp.,
|
|
|
|
|
5.13%, 03/15/2031
|
|
35,000
|
35,578
|
|
5.60%, 03/15/2053
|
|
61,000
|
58,542
|
|
5.88%, 03/15/2055
|
|
115,000
|
114,069
|
|
FirstEnergy Transmission LLC,
|
|
|
|
|
4.55%, 01/15/2030
|
|
5,000
|
4,984
|
|
5.00%, 01/15/2035
|
|
21,000
|
20,777
|
|
Florida Power & Light Co.,
|
|
|
|
|
4.70%, 02/15/2036
|
|
60,000
|
58,409
|
|
5.13%, 06/01/2036
|
|
129,000
|
129,617
|
|
5.75%, 06/01/2056
|
|
101,000
|
101,458
|
|
5.80%, 03/15/2065
|
|
25,000
|
24,844
|
|
5.60%, 02/15/2066
|
|
112,000
|
107,963
|
|
5.90%, 06/01/2066
|
|
126,000
|
126,914
|
|
Georgia Power Co., 4.95%,
05/17/2033
|
|
30,000
|
30,249
|
|
Indiana Michigan Power Co., 5.60%,
03/15/2056
|
|
86,000
|
84,000
|
|
ITC Holdings Corp.,
|
|
|
|
|
4.88%, 04/15/2031(b)
|
|
94,000
|
93,743
|
|
5.50%, 04/15/2036(b)
|
|
70,000
|
70,793
|
|
|
Principal
Amount
|
Value
|
|
|
Electric Utilities–(continued)
|
|||
|
Louisville Gas and Electric Co., 5.85%,
08/15/2055
|
|
$18,000
|
$18,155
|
|
MidAmerican Energy Co.,
|
|
|
|
|
5.35%, 01/15/2034
|
|
15,000
|
15,437
|
|
5.85%, 09/15/2054
|
|
22,000
|
22,341
|
|
5.30%, 02/01/2055
|
|
239,000
|
224,589
|
|
Narragansett Electric Co. (The),
6.00%, 05/15/2056(b)
|
|
178,000
|
181,296
|
|
National Rural Utilities Cooperative Finance
Corp.,
|
|
|
|
|
Series D,
4.06% (SOFR + 0.43%),
08/09/2027(e)
|
|
8,000
|
8,004
|
|
4.05%, 02/09/2029
|
|
5,000
|
4,956
|
|
4.85%, 02/07/2029
|
|
3,000
|
3,030
|
|
4.40%, 05/11/2029
|
|
11,000
|
10,995
|
|
5.00%, 02/07/2031
|
|
8,000
|
8,142
|
|
5.80%, 01/15/2033
|
|
25,000
|
26,426
|
|
5.00%, 08/15/2034
|
|
86,000
|
86,712
|
|
7.13%, 09/15/2053(d)
|
|
170,000
|
177,131
|
|
5.75%, 04/20/2056
|
|
339,000
|
336,497
|
|
5.95%, 04/20/2056
|
|
396,000
|
394,251
|
|
NextEra Energy Capital Holdings, Inc.,
|
|
|
|
|
5.00%, 07/15/2032
|
|
14,000
|
14,129
|
|
5.45%, 03/15/2035
|
|
111,000
|
113,145
|
|
5.90%, 03/15/2055
|
|
36,000
|
35,629
|
|
Niagara Mohawk Power Corp.,
|
|
|
|
|
4.65%, 10/03/2030(b)
|
|
60,000
|
59,750
|
|
6.00%, 07/03/2055(b)
|
|
99,000
|
98,446
|
|
Northern States Power Co., 5.65%,
05/15/2055
|
|
229,000
|
227,562
|
|
NRG Energy, Inc.,
|
|
|
|
|
4.73%, 10/15/2030(b)
|
|
91,000
|
89,732
|
|
4.96%, 04/30/2031(b)
|
|
11,000
|
10,889
|
|
5.75%, 01/15/2034(b)
|
|
3,000
|
2,969
|
|
5.88%, 05/15/2034(b)
|
|
85,000
|
84,508
|
|
5.41%, 10/15/2035(b)
|
|
67,000
|
65,832
|
|
6.00%, 01/15/2036(b)
|
|
2,000
|
1,988
|
|
6.13%, 05/15/2036(b)
|
|
83,000
|
82,865
|
|
Oglethorpe Power Corp., 5.90%,
02/01/2055
|
|
21,000
|
20,717
|
|
Ohio Power Co., 5.65%, 06/01/2034
|
|
40,000
|
41,458
|
|
Oklahoma Gas and Electric Co., 5.60%,
04/01/2053
|
|
161,000
|
155,465
|
|
Oncor Electric Delivery Co. LLC,
|
|
|
|
|
5.65%, 11/15/2033
|
|
28,000
|
29,348
|
|
5.80%, 04/01/2055
|
|
92,000
|
92,479
|
|
Pacific Gas and Electric Co.,
|
|
|
|
|
6.10%, 01/15/2029
|
|
16,000
|
16,514
|
|
5.20%, 05/01/2036
|
|
92,000
|
89,767
|
|
6.00%, 05/01/2056
|
|
127,000
|
122,117
|
|
PacifiCorp,
|
|
|
|
|
5.10%, 02/15/2029
|
|
5,000
|
5,060
|
|
5.30%, 02/15/2031
|
|
19,000
|
19,354
|
|
5.45%, 02/15/2034
|
|
56,000
|
56,768
|
|
5.80%, 01/15/2055
|
|
44,000
|
42,043
|
|
7.13%, 08/15/2056(d)
|
|
92,000
|
92,546
|
|
PG&E Corp., 7.38%, 03/15/2055(d)
|
|
322,000
|
328,154
|
|
Pinnacle West Capital Corp., 5.15%,
05/15/2030
|
|
6,000
|
6,089
|
|
|
Principal
Amount
|
Value
|
|
|
Electric Utilities–(continued)
|
|||
|
PPL Capital Funding, Inc.,
|
|
|
|
|
Conv., 3.00%, 12/01/2030(b)
|
|
$163,000
|
$164,809
|
|
5.25%, 09/01/2034
|
|
17,000
|
17,095
|
|
PPL Electric Utilities Corp., 5.55%,
08/15/2055
|
|
28,000
|
27,437
|
|
PSEG Power LLC, 5.20%,
05/15/2030(b)
|
|
2,000
|
2,030
|
|
Public Service Co. of Colorado, 5.25%,
04/01/2053
|
|
24,000
|
22,167
|
|
San Diego Gas & Electric Co., 5.35%,
04/01/2053
|
|
86,000
|
80,437
|
|
Sierra Pacific Power Co., 5.90%,
03/15/2054
|
|
2,000
|
2,005
|
|
Southern Co. (The),
|
|
|
|
|
5.70%, 10/15/2032
|
|
21,000
|
21,942
|
|
4.85%, 03/15/2035
|
|
40,000
|
39,083
|
|
6.00%, 04/01/2058(d)
|
|
340,000
|
342,432
|
|
Southwestern Electric Power Co.,
|
|
|
|
|
5.30%, 04/01/2033
|
|
20,000
|
20,310
|
|
5.20%, 04/01/2036
|
|
73,000
|
72,128
|
|
Trans-Allegheny Interstate Line Co.,
5.00%, 01/15/2031(b)
|
|
5,000
|
5,050
|
|
Union Electric Co.,
|
|
|
|
|
5.20%, 04/01/2034
|
|
70,000
|
71,301
|
|
5.25%, 04/15/2035
|
|
59,000
|
59,885
|
|
5.13%, 03/15/2055
|
|
32,000
|
29,228
|
|
Virginia Electric & Power Co.,
|
|
|
|
|
Series C, 4.90%, 09/15/2035
|
|
114,000
|
112,382
|
|
Series D, 5.60%, 09/15/2055
|
|
104,000
|
101,101
|
|
Virginia Electric and Power Co.,
5.00%, 04/01/2033
|
|
23,000
|
23,260
|
|
Vistra Operations Co. LLC,
|
|
|
|
|
4.38%, 05/01/2029(b)
|
|
8,000
|
7,851
|
|
4.60%, 10/15/2030(b)
|
|
62,000
|
60,827
|
|
4.70%, 01/31/2031(b)
|
|
45,000
|
44,245
|
|
6.88%, 04/15/2032(b)
|
|
5,000
|
5,205
|
|
6.95%, 10/15/2033(b)
|
|
59,000
|
64,253
|
|
6.00%, 04/15/2034(b)
|
|
23,000
|
23,715
|
|
5.70%, 12/30/2034(b)
|
|
35,000
|
35,433
|
|
5.35%, 01/31/2036(b)
|
|
56,000
|
54,807
|
|
Wisconsin Electric Power Co., 4.15%,
10/15/2030
|
|
14,000
|
13,793
|
|
Wisconsin Public Service Corp., 4.25%,
01/15/2031
|
|
20,000
|
19,789
|
|
Xcel Energy, Inc., 4.75%,
03/21/2028
|
|
1,000
|
1,005
|
|
|
|
|
10,773,805
|
|
Electrical Components & Equipment–0.58%
|
|||
|
EnerSys,
|
|
|
|
|
4.38%, 12/15/2027(b)
|
|
161,000
|
160,030
|
|
6.63%, 01/15/2032(b)
|
|
27,000
|
27,804
|
|
Molex Electronic Technologies LLC,
|
|
|
|
|
4.75%, 04/30/2028(b)
|
|
4,000
|
4,015
|
|
5.25%, 04/30/2032(b)
|
|
35,000
|
35,682
|
|
Nissan Motor Acceptance Co. LLC,
6.13%, 09/30/2030(b)
|
|
105,000
|
103,757
|
|
Regal Rexnord Corp.,
|
|
|
|
|
6.05%, 04/15/2028
|
|
3,000
|
3,069
|
|
6.30%, 02/15/2030
|
|
7,000
|
7,308
|
|
6.40%, 04/15/2033
|
|
143,000
|
151,590
|
|
|
Principal
Amount
|
Value
|
|
|
Electrical Components & Equipment–(continued)
|
|||
|
Vertiv Group Corp., 4.13%,
11/15/2028(b)
|
|
$11,000
|
$10,874
|
|
Vertiv Holdings Co.,
|
|
|
|
|
4.85%, 03/15/2036
|
|
38,000
|
37,025
|
|
5.65%, 03/15/2046
|
|
86,000
|
83,934
|
|
5.80%, 03/15/2056
|
|
63,000
|
62,141
|
|
5.95%, 03/15/2066
|
|
391,000
|
386,241
|
|
|
|
|
1,073,470
|
|
Electronic Components–0.24%
|
|||
|
Amphenol Corp.,
|
|
|
|
|
4.13%, 11/15/2030
|
|
18,000
|
17,703
|
|
4.40%, 02/15/2033
|
|
139,000
|
135,668
|
|
5.00%, 01/15/2035
|
|
38,000
|
37,989
|
|
5.38%, 11/15/2054
|
|
56,000
|
54,400
|
|
Corning, Inc., 5.45%, 11/15/2079
|
|
137,000
|
127,227
|
|
Sensata Technologies, Inc., 3.75%,
02/15/2031(b)
|
|
73,000
|
68,499
|
|
|
|
|
441,486
|
|
Electronic Equipment & Instruments–0.01%
|
|||
|
Keysight Technologies, Inc., 5.35%,
07/30/2030
|
|
22,000
|
22,544
|
|
Electronic Manufacturing Services–0.10%
|
|||
|
EMRLD Borrower L.P./Emerald
Co-Issuer, Inc., 6.63%,
12/15/2030(b)
|
|
99,000
|
101,337
|
|
Jabil, Inc.,
|
|
|
|
|
3.00%, 01/15/2031
|
|
8,000
|
7,371
|
|
4.75%, 02/01/2033
|
|
73,000
|
71,398
|
|
|
|
|
180,106
|
|
Environmental & Facilities Services–0.35%
|
|||
|
GFL Environmental Holdings (US), Inc.,
5.50%, 02/01/2034(b)
|
|
55,000
|
53,786
|
|
Republic Services, Inc.,
|
|
|
|
|
5.00%, 12/15/2033
|
|
37,000
|
37,565
|
|
5.00%, 04/01/2034
|
|
2,000
|
2,018
|
|
Rollins, Inc., 5.25%, 02/24/2035
|
|
20,000
|
19,987
|
|
Veralto Corp.,
|
|
|
|
|
5.35%, 09/18/2028
|
|
5,000
|
5,086
|
|
4.85%, 01/15/2032
|
|
231,000
|
231,387
|
|
Waste Connections, Inc., 4.80%,
07/15/2036
|
|
272,000
|
266,018
|
|
Wrangler Holdco Corp. (Canada),
6.63%, 04/01/2032(b)
|
|
44,000
|
45,219
|
|
|
|
|
661,066
|
|
Fertilizers & Agricultural Chemicals–0.25%
|
|||
|
FMC Corp.,
|
|
|
|
|
3.45%, 10/01/2029
|
|
15,000
|
13,720
|
|
8.00%, 06/01/2031(b)
|
|
11,000
|
11,504
|
|
5.65%, 05/18/2033
|
|
15,000
|
13,489
|
|
6.38%, 05/18/2053
|
|
9,000
|
7,014
|
|
Mosaic Co. (The),
|
|
|
|
|
4.35%, 01/15/2029
|
|
26,000
|
25,782
|
|
4.60%, 11/15/2030
|
|
50,000
|
49,445
|
|
Nutrien Ltd. (Canada),
|
|
|
|
|
4.85%, 05/29/2031
|
|
184,000
|
184,393
|
|
5.35%, 05/29/2036
|
|
154,000
|
154,541
|
|
|
|
|
459,888
|
|
|
Principal
Amount
|
Value
|
|
|
Financial Exchanges & Data–0.14%
|
|||
|
Intercontinental Exchange, Inc.,
|
|
|
|
|
3.95%, 12/01/2028
|
|
$5,000
|
$4,952
|
|
4.60%, 03/15/2033
|
|
22,000
|
21,794
|
|
4.95%, 06/15/2052
|
|
51,000
|
46,313
|
|
5.20%, 06/15/2062
|
|
66,000
|
60,261
|
|
MSCI, Inc., 5.25%, 09/01/2035
|
|
69,000
|
68,007
|
|
Nasdaq, Inc.,
|
|
|
|
|
5.35%, 06/28/2028
|
|
3,000
|
3,052
|
|
5.55%, 02/15/2034
|
|
18,000
|
18,595
|
|
5.95%, 08/15/2053
|
|
13,000
|
13,276
|
|
6.10%, 06/28/2063
|
|
17,000
|
17,476
|
|
|
|
|
253,726
|
|
Food Distributors–0.01%
|
|||
|
Sysco Corp., 5.10%, 09/23/2030
|
|
18,000
|
18,232
|
|
Food Retail–0.10%
|
|||
|
Alimentation Couche-Tard, Inc.
(Canada), 5.08%, 09/29/2035(b)
|
|
123,000
|
121,607
|
|
Kroger Co. (The), 5.65%,
09/15/2064
|
|
65,000
|
61,166
|
|
|
|
|
182,773
|
|
Forest Products–0.15%
|
|||
|
Georgia-Pacific LLC,
|
|
|
|
|
4.40%, 06/30/2028(b)
|
|
4,000
|
4,000
|
|
4.60%, 05/15/2031(b)
|
|
161,000
|
159,954
|
|
4.95%, 06/30/2032(b)
|
|
28,000
|
28,227
|
|
4.90%, 05/15/2033(b)
|
|
86,000
|
85,628
|
|
|
|
|
277,809
|
|
Gas Utilities–0.51%
|
|||
|
Atmos Energy Corp.,
|
|
|
|
|
5.90%, 11/15/2033
|
|
20,000
|
21,344
|
|
5.20%, 08/15/2035
|
|
77,000
|
78,453
|
|
6.20%, 11/15/2053
|
|
16,000
|
17,084
|
|
Piedmont Natural Gas Co., Inc.,
5.40%, 06/15/2033
|
|
34,000
|
34,881
|
|
Snam S.p.A. (Italy),
|
|
|
|
|
5.75%, 05/28/2035(b)
|
|
214,000
|
220,551
|
|
6.50%, 05/28/2055(b)
|
|
201,000
|
209,299
|
|
Southern California Gas Co., 5.90%,
06/01/2056
|
|
259,000
|
262,440
|
|
Southern Natural Gas Co. L.L.C.,
5.45%, 08/01/2035(b)
|
|
21,000
|
21,379
|
|
Southwest Gas Corp., 5.45%,
03/23/2028
|
|
3,000
|
3,047
|
|
Venture Global Calcasieu Pass LLC,
6.00%, 05/01/2036(b)
|
|
79,000
|
79,927
|
|
|
|
|
948,405
|
|
Gold–0.04%
|
|||
|
Coeur Mining, Inc., 6.88%,
04/01/2032(b)
|
|
66,000
|
68,419
|
|
Health Care Distributors–0.09%
|
|||
|
Cardinal Health, Inc.,
|
|
|
|
|
4.50%, 09/15/2030
|
|
4,000
|
3,969
|
|
5.45%, 02/15/2034
|
|
20,000
|
20,453
|
|
5.15%, 09/15/2035
|
|
19,000
|
18,943
|
|
Cencora, Inc.,
|
|
|
|
|
3.95%, 02/13/2029
|
|
10,000
|
9,859
|
|
4.25%, 11/15/2030
|
|
27,000
|
26,541
|
|
|
Principal
Amount
|
Value
|
|
|
Health Care Distributors–(continued)
|
|||
|
McKesson Corp.,
|
|
|
|
|
4.65%, 05/30/2030
|
|
$14,000
|
$14,052
|
|
4.95%, 05/30/2032
|
|
75,000
|
75,929
|
|
|
|
|
169,746
|
|
Health Care Equipment–0.39%
|
|||
|
Abbott Laboratories,
|
|
|
|
|
3.70%, 03/09/2029
|
|
5,000
|
4,917
|
|
5.50%, 03/15/2056
|
|
382,000
|
373,158
|
|
5.60%, 03/15/2066
|
|
184,000
|
179,516
|
|
Augusta SpinCo Corp.,
|
|
|
|
|
4.66%, 03/23/2031
|
|
73,000
|
72,600
|
|
4.95%, 03/23/2033
|
|
60,000
|
59,834
|
|
GE HealthCare Technologies, Inc.,
4.80%, 01/15/2031
|
|
14,000
|
14,038
|
|
Smith & Nephew PLC (United Kingdom),
5.40%, 03/20/2034
|
|
6,000
|
6,089
|
|
Stryker Corp.,
|
|
|
|
|
4.25%, 09/11/2029
|
|
4,000
|
3,975
|
|
4.85%, 02/10/2030
|
|
6,000
|
6,067
|
|
|
|
|
720,194
|
|
Health Care Facilities–0.20%
|
|||
|
Adventist Health System, 5.76%,
12/01/2034
|
|
29,000
|
29,746
|
|
Ascension Health,
|
|
|
|
|
Series 2025,
4.29%, 11/15/2030
|
|
22,000
|
21,718
|
|
4.92%, 11/15/2035
|
|
65,000
|
64,555
|
|
Providence St. Joseph Health Obligated
Group, Series 21-A, 2.70%,
10/01/2051
|
|
98,000
|
57,418
|
|
Select Medical Corp., 6.25%,
12/01/2032(b)
|
|
2,000
|
1,950
|
|
Universal Health Services, Inc.,
|
|
|
|
|
4.63%, 10/15/2029
|
|
10,000
|
9,926
|
|
5.05%, 10/15/2034
|
|
86,000
|
82,943
|
|
UPMC,
|
|
|
|
|
5.04%, 05/15/2033
|
|
77,000
|
77,612
|
|
5.38%, 05/15/2043
|
|
30,000
|
28,204
|
|
|
|
|
374,072
|
|
Health Care REITs–0.13%
|
|||
|
Alexandria Real Estate Equities, Inc.,
|
|
|
|
|
5.25%, 05/15/2036
|
|
2,000
|
1,957
|
|
5.63%, 05/15/2054
|
|
6,000
|
5,651
|
|
Diversified Healthcare Trust, 4.38%,
03/01/2031
|
|
77,000
|
70,221
|
|
Healthpeak OP LLC, 5.38%,
02/15/2035
|
|
21,000
|
21,187
|
|
MPT Operating Partnership L.P./MPT
Finance Corp., 8.50%,
02/15/2032(b)
|
|
11,000
|
11,462
|
|
National Health Investors, Inc., 5.35%,
02/01/2033
|
|
23,000
|
22,866
|
|
Omega Healthcare Investors, Inc.,
|
|
|
|
|
5.20%, 07/01/2030
|
|
56,000
|
56,404
|
|
3.25%, 04/15/2033
|
|
8,000
|
7,106
|
|
Ventas Realty L.P., 5.00%,
02/15/2036
|
|
48,000
|
47,123
|
|
|
|
|
243,977
|
|
|
Principal
Amount
|
Value
|
|
|
Health Care Services–1.03%
|
|||
|
Cigna Group (The), 4.50%,
09/15/2030
|
|
$16,000
|
$15,948
|
|
CommonSpirit Health,
|
|
|
|
|
5.32%, 12/01/2034
|
|
99,000
|
99,172
|
|
5.55%, 12/01/2054
|
|
39,000
|
36,789
|
|
Community Health Systems, Inc.,
|
|
|
|
|
5.25%, 05/15/2030(b)
|
|
40,000
|
37,729
|
|
4.75%, 02/15/2031(b)
|
|
18,000
|
16,565
|
|
CVS Health Corp.,
|
|
|
|
|
5.00%, 01/30/2029
|
|
5,000
|
5,059
|
|
5.25%, 01/30/2031
|
|
6,000
|
6,128
|
|
5.45%, 09/15/2035
|
|
83,000
|
84,040
|
|
6.75%, 12/10/2054(d)
|
|
62,000
|
64,682
|
|
7.00%, 03/10/2055(d)
|
|
512,000
|
533,842
|
|
6.20%, 09/15/2055
|
|
132,000
|
134,099
|
|
6.25%, 09/15/2065
|
|
153,000
|
154,233
|
|
DaVita, Inc.,
|
|
|
|
|
6.88%, 09/01/2032(b)
|
|
27,000
|
27,982
|
|
6.75%, 07/15/2033(b)
|
|
31,000
|
32,064
|
|
HCA, Inc.,
|
|
|
|
|
4.30%, 11/15/2030
|
|
18,000
|
17,646
|
|
5.45%, 09/15/2034
|
|
14,000
|
14,143
|
|
5.75%, 03/01/2035
|
|
69,000
|
71,039
|
|
5.90%, 06/01/2053
|
|
73,000
|
70,385
|
|
6.20%, 03/01/2055
|
|
26,000
|
26,137
|
|
Icon Investments Six DAC,
|
|
|
|
|
5.81%, 05/08/2027
|
|
200,000
|
201,643
|
|
5.85%, 05/08/2029
|
|
210,000
|
213,854
|
|
Piedmont Healthcare, Inc., 2.86%,
01/01/2052
|
|
49,000
|
30,406
|
|
Quest Diagnostics, Inc., 6.40%,
11/30/2033
|
|
22,000
|
23,924
|
|
|
|
|
1,917,509
|
|
Health Care Supplies–0.46%
|
|||
|
180 Medical, Inc. (United Kingdom),
5.30%, 10/08/2035(b)
|
|
210,000
|
204,756
|
|
Medline Borrower LP/Medline Co-Issuer, Inc.,
|
|
|
|
|
5.00%, 06/15/2031(b)
|
|
313,000
|
312,843
|
|
5.25%, 06/15/2033(b)
|
|
144,000
|
144,136
|
|
Solventum Corp.,
|
|
|
|
|
5.40%, 03/01/2029
|
|
3,000
|
3,060
|
|
5.60%, 03/23/2034
|
|
102,000
|
104,656
|
|
5.90%, 04/30/2054
|
|
83,000
|
82,193
|
|
|
|
|
851,644
|
|
Heavy Electrical Equipment–0.22%
|
|||
|
GE Vernova, Inc.,
|
|
|
|
|
4.25%, 02/04/2031
|
|
11,000
|
10,861
|
|
4.88%, 02/04/2036
|
|
114,000
|
112,406
|
|
5.50%, 02/04/2056
|
|
298,000
|
289,143
|
|
|
|
|
412,410
|
|
Highways & Railtracks–0.16%
|
|||
|
Burlington Northern Santa Fe LLC,
|
|
|
|
|
5.20%, 04/15/2054
|
|
79,000
|
73,539
|
|
5.55%, 03/15/2056
|
|
49,000
|
47,881
|
|
5.80%, 03/15/2056
|
|
170,000
|
172,106
|
|
|
|
|
293,526
|
|
|
Principal
Amount
|
Value
|
|
|
Home Improvement Retail–0.03%
|
|||
|
Home Depot, Inc. (The), 4.65%,
09/15/2035
|
|
$37,000
|
$36,077
|
|
Lowe’s Cos., Inc.,
|
|
|
|
|
5.63%, 04/15/2053
|
|
6,000
|
5,772
|
|
5.80%, 09/15/2062
|
|
5,000
|
4,865
|
|
5.85%, 04/01/2063
|
|
5,000
|
4,907
|
|
|
|
|
51,621
|
|
Homebuilding–0.06%
|
|||
|
Toll Brothers Finance Corp., 5.60%,
06/15/2035
|
|
107,000
|
109,475
|
|
Hotel & Resort REITs–0.10%
|
|||
|
Phillips Edison Grocery Center Operating
Partnership I L.P.,
|
|
|
|
|
5.25%, 08/15/2032
|
|
76,000
|
77,179
|
|
4.75%, 03/15/2033
|
|
67,000
|
65,706
|
|
5.75%, 07/15/2034
|
|
15,000
|
15,542
|
|
4.95%, 01/15/2035
|
|
29,000
|
28,402
|
|
|
|
|
186,829
|
|
Hotels, Resorts & Cruise Lines–0.53%
|
|||
|
Airbnb, Inc.,
|
|
|
|
|
4.40%, 03/16/2029
|
|
2,000
|
1,997
|
|
4.65%, 03/16/2031
|
|
11,000
|
11,003
|
|
5.25%, 03/16/2036
|
|
44,000
|
44,052
|
|
Carnival Corp.,
|
|
|
|
|
5.88%, 06/15/2031(b)
|
|
11,000
|
11,179
|
|
5.75%, 08/01/2032(b)
|
|
8,000
|
8,092
|
|
6.13%, 02/15/2033(b)
|
|
2,000
|
2,027
|
|
Expedia Group, Inc.,
|
|
|
|
|
5.40%, 02/15/2035
|
|
57,000
|
56,719
|
|
5.50%, 04/15/2036
|
|
266,000
|
263,278
|
|
Hilton Domestic Operating Co., Inc.,
|
|
|
|
|
5.88%, 04/01/2029(b)
|
|
201,000
|
204,176
|
|
3.75%, 05/01/2029(b)
|
|
200,000
|
193,609
|
|
6.13%, 04/01/2032(b)
|
|
3,000
|
3,060
|
|
Marriott International, Inc., 5.30%,
05/15/2034
|
|
21,000
|
21,288
|
|
Marriott Ownership Resorts, Inc.,
6.50%, 10/01/2033(b)
|
|
73,000
|
71,685
|
|
Royal Caribbean Cruises Ltd.,
|
|
|
|
|
6.25%, 03/15/2032(b)
|
|
5,000
|
5,108
|
|
6.00%, 02/01/2033(b)
|
|
8,000
|
8,112
|
|
VOC Escrow Ltd., 5.00%,
02/15/2028(b)
|
|
84,000
|
83,922
|
|
|
|
|
989,307
|
|
Household Appliances–0.02%
|
|||
|
Whirlpool Corp., 6.50%, 06/15/2033
|
|
38,000
|
34,527
|
|
Housewares & Specialties–0.01%
|
|||
|
Newell Brands, Inc.,
|
|
|
|
|
6.38%, 09/15/2027
|
|
15,000
|
15,185
|
|
6.38%, 05/15/2030
|
|
2,000
|
1,975
|
|
|
|
|
17,160
|
|
Independent Power Producers & Energy Traders–0.33%
|
|||
|
FIEMEX Energia - Banco Actinver S.A.
Institucion de Banca Multiple
(Mexico), 7.25%, 01/31/2041(b)
|
|
212,959
|
217,016
|
|
|
Principal
Amount
|
Value
|
|
|
Independent Power Producers & Energy Traders–(continued)
|
|||
|
Vistra Corp.,
|
|
|
|
|
7.00%(b)(d)(g)
|
|
$92,000
|
$92,754
|
|
8.00%(b)(d)(g)
|
|
28,000
|
28,243
|
|
Series C, 8.88%(b)(d)(g)
|
|
35,000
|
37,671
|
|
VoltaGrid LLC, 7.38%, 11/01/2030(b)
|
|
224,000
|
233,361
|
|
|
|
|
609,045
|
|
Industrial Conglomerates–0.22%
|
|||
|
Eaton Corp.,
|
|
|
|
|
4.20%, 03/06/2031
|
|
4,000
|
3,938
|
|
5.45%, 03/06/2056
|
|
200,000
|
196,973
|
|
Siemens Funding B.V. (Germany),
5.20%, 05/28/2035(b)
|
|
210,000
|
214,598
|
|
|
|
|
415,509
|
|
Industrial Machinery & Supplies & Components–0.97%
|
|||
|
Enpro, Inc., 6.13%, 06/01/2033(b)
|
|
117,000
|
119,410
|
|
ESAB Corp.,
|
|
|
|
|
6.25%, 04/15/2029(b)
|
|
279,000
|
284,387
|
|
5.63%, 04/01/2031(b)
|
|
237,000
|
238,767
|
|
Flowserve Corp., 5.70%,
05/15/2036
|
|
28,000
|
28,202
|
|
Ingersoll Rand, Inc., 5.20%,
06/15/2027
|
|
4,000
|
4,034
|
|
Nordson Corp.,
|
|
|
|
|
5.60%, 09/15/2028
|
|
4,000
|
4,084
|
|
5.80%, 09/15/2033
|
|
19,000
|
19,809
|
|
nVent Finance S.a.r.l. (United
Kingdom), 5.65%, 05/15/2033
|
|
6,000
|
6,172
|
|
Roller Bearing Co. of America, Inc.,
4.38%, 10/15/2029(b)
|
|
293,000
|
287,012
|
|
Stanley Black & Decker, Inc., 2.75%,
11/15/2050
|
|
1,105,000
|
648,330
|
|
Xylem, Inc.,
|
|
|
|
|
5.20%, 06/01/2033
|
|
104,000
|
105,595
|
|
5.45%, 06/01/2036
|
|
62,000
|
63,363
|
|
|
|
|
1,809,165
|
|
Industrial REITs–0.00%
|
|||
|
LXP Industrial Trust, 6.75%,
11/15/2028
|
|
3,000
|
3,128
|
|
Insurance Brokers–0.32%
|
|||
|
Aon Corp./Aon Global Holdings PLC,
5.35%, 02/28/2033
|
|
14,000
|
14,313
|
|
Arthur J. Gallagher & Co.,
|
|
|
|
|
4.85%, 12/15/2029
|
|
4,000
|
4,035
|
|
5.00%, 02/15/2032
|
|
14,000
|
14,020
|
|
5.15%, 02/15/2035
|
|
21,000
|
20,861
|
|
5.55%, 02/15/2055
|
|
48,000
|
45,430
|
|
Marsh & McLennan Cos., Inc.,
|
|
|
|
|
5.40%, 09/15/2033
|
|
54,000
|
55,721
|
|
4.95%, 03/15/2036
|
|
215,000
|
211,808
|
|
6.25%, 11/01/2052
|
|
15,000
|
15,910
|
|
5.45%, 03/15/2053
|
|
16,000
|
15,323
|
|
5.70%, 09/15/2053
|
|
50,000
|
49,508
|
|
Willis North America, Inc.,
|
|
|
|
|
4.55%, 03/15/2031
|
|
62,000
|
61,256
|
|
5.15%, 03/15/2036
|
|
88,000
|
86,251
|
|
|
|
|
594,436
|
|
|
Principal
Amount
|
Value
|
|
|
Integrated Oil & Gas–1.22%
|
|||
|
Ecopetrol S.A. (Colombia), 8.88%,
01/13/2033
|
|
$347,000
|
$366,894
|
|
Eni S.p.A. (Italy),
|
|
|
|
|
5.50%, 05/15/2034(b)
|
|
217,000
|
221,475
|
|
5.25%, 05/18/2036(b)
|
|
74,000
|
73,351
|
|
Occidental Petroleum Corp.,
|
|
|
|
|
6.20%, 03/15/2040
|
|
128,000
|
134,908
|
|
4.63%, 06/15/2045
|
|
48,000
|
40,006
|
|
4.40%, 04/15/2046
|
|
27,000
|
22,304
|
|
4.10%, 02/15/2047
|
|
68,000
|
52,494
|
|
Par Petroleum, LLC, 7.38%,
06/01/2034(b)
|
|
70,000
|
71,683
|
|
Petroleos Mexicanos (Mexico),
|
|
|
|
|
5.95%, 01/28/2031
|
|
97,000
|
95,700
|
|
6.63%, 06/15/2035
|
|
31,000
|
29,869
|
|
SA Global Sukuk Ltd. (Saudi Arabia),
|
|
|
|
|
4.13%, 09/17/2030(b)
|
|
460,000
|
448,145
|
|
4.63%, 09/17/2035(b)
|
|
210,000
|
202,008
|
|
Saudi Arabian Oil Co. (Saudi Arabia),
|
|
|
|
|
4.00%, 02/02/2029(b)
|
|
200,000
|
197,346
|
|
4.75%, 06/02/2030(b)
|
|
250,000
|
249,216
|
|
5.38%, 06/02/2035(b)
|
|
73,000
|
73,956
|
|
|
|
|
2,279,355
|
|
Integrated Telecommunication Services–4.17%
|
|||
|
APLD ComputeCo LLC, 9.25%,
12/15/2030(b)
|
|
32,000
|
34,561
|
|
AT&T, Inc.,
|
|
|
|
|
5.40%, 02/15/2034
|
|
47,000
|
48,046
|
|
3.55%, 09/15/2055
|
|
866,000
|
566,627
|
|
6.05%, 08/15/2056
|
|
194,000
|
191,844
|
|
6.20%, 10/30/2056
|
|
237,000
|
238,713
|
|
6.30%, 10/30/2066
|
|
176,000
|
176,867
|
|
Bell Canada (Canada),
|
|
|
|
|
6.88%, 09/15/2055(d)
|
|
68,000
|
69,976
|
|
7.00%, 09/15/2055(d)
|
|
30,000
|
31,005
|
|
British Telecommunications PLC (United
Kingdom), 4.25%,
11/23/2081(b)(d)
|
|
270,000
|
268,509
|
|
Cipher Compute LLC, 7.13%,
11/15/2030(b)
|
|
66,000
|
68,884
|
|
Core Scientific Finance I LLC, 7.75%,
05/15/2031(b)
|
|
105,000
|
107,436
|
|
FiberCop S.p.A. (Italy), 6.00%,
09/30/2034(b)
|
|
200,000
|
192,683
|
|
Flash Compute LLC, 7.25%,
12/31/2030(b)
|
|
33,000
|
34,062
|
|
HUT 8 DC LLC, 6.19%, 11/15/2042(b)
|
|
188,000
|
190,315
|
|
Iliad Holding S.A.S. (France), 7.00%,
10/15/2028(b)
|
|
200,000
|
201,594
|
|
Level 3 Financing, Inc.,
|
|
|
|
|
7.00%, 03/31/2034(b)
|
|
73,500
|
76,235
|
|
8.50%, 01/15/2036(b)
|
|
57,000
|
61,684
|
|
NTT Finance Corp. (Japan), 5.50%,
07/16/2035(b)
|
|
212,000
|
214,933
|
|
QTS Fayetteville I Dc1-2 LLC/QTS TRS
Fayetteville I DC1-2 LLC, 5.70%,
04/15/2036(b)
|
|
1,297,000
|
1,262,964
|
|
QTS Thunder Managing Issuer, LLC,
5.65%, 12/10/2030
|
|
920,000
|
920,722
|
|
SV RNO Property Owner 1 LLC, 5.88%,
03/01/2031(b)
|
|
131,000
|
129,434
|
|
|
Principal
Amount
|
Value
|
|
|
Integrated Telecommunication Services–(continued)
|
|||
|
Telecom Italia Capital S.A. (Italy),
6.38%, 11/15/2033
|
|
$57,000
|
$59,512
|
|
Telefonica Emisiones S.A. (Spain),
7.05%, 06/20/2036
|
|
208,000
|
230,475
|
|
TELUS Corp. (Canada),
|
|
|
|
|
6.38%, 06/09/2056(d)
|
|
124,000
|
124,016
|
|
6.63%, 06/09/2056(d)
|
|
269,000
|
268,334
|
|
Uniti Services LLC, 7.50%,
10/15/2033(b)
|
|
88,000
|
92,678
|
|
Verizon Communications, Inc.,
|
|
|
|
|
4.50%, 08/10/2033
|
|
606,000
|
589,669
|
|
5.25%, 04/02/2035
|
|
141,000
|
141,912
|
|
5.00%, 01/15/2036
|
|
114,000
|
112,005
|
|
3.40%, 03/22/2041
|
|
13,000
|
10,106
|
|
5.75%, 11/30/2045
|
|
213,000
|
210,190
|
|
5.88%, 11/30/2055
|
|
60,543
|
59,621
|
|
6.20%, 05/14/2056(d)
|
|
365,000
|
370,689
|
|
6.05%, 05/14/2058(d)
|
|
273,000
|
276,660
|
|
3.70%, 03/22/2061
|
|
22,000
|
14,940
|
|
6.00%, 11/30/2065
|
|
82,000
|
80,802
|
|
WULF Compute LLC, 7.75%,
10/15/2030(b)
|
|
32,000
|
33,643
|
|
|
|
|
7,762,346
|
|
Interactive Media & Services–2.56%
|
|||
|
Alphabet, Inc.,
|
|
|
|
|
4.10%, 02/15/2031(Acquired
02/09/2026; Cost $7,974)(i)
|
|
8,000
|
7,895
|
|
4.38%, 11/15/2032(Acquired
11/03/2025; Cost $15,982)(i)
|
|
16,000
|
15,790
|
|
4.40%, 02/15/2033(Acquired
02/09/2026; Cost $268,456)(i)
|
|
270,000
|
265,716
|
|
4.70%, 11/15/2035(Acquired
11/03/2025; Cost $50,931)(i)
|
|
51,000
|
50,166
|
|
4.80%, 02/15/2036(Acquired
02/09/2026; Cost $164,662)(i)
|
|
165,000
|
163,216
|
|
5.35%, 11/15/2045(Acquired
11/03/2025; Cost $113,748)(i)
|
|
114,000
|
111,385
|
|
5.45%, 11/15/2055(Acquired
11/03/2025; Cost $73,512)(i)
|
|
74,000
|
71,515
|
|
5.65%, 02/15/2056
|
|
450,000
|
447,665
|
|
5.30%, 05/15/2065(Acquired
04/28/2025; Cost $61,046)(i)
|
|
62,000
|
57,464
|
|
Discovery Global Holdings, Inc.,
|
|
|
|
|
4.28%, 03/15/2032
|
|
19,000
|
16,790
|
|
5.05%, 03/15/2042
|
|
60,000
|
44,025
|
|
5.14%, 03/15/2052
|
|
19,000
|
12,991
|
|
Flutter Treasury DAC (United Kingdom),
5.88%, 06/04/2031(b)
|
|
331,000
|
327,418
|
|
Match Group Holdings II LLC,
|
|
|
|
|
3.63%, 10/01/2031(b)
|
|
5,000
|
4,481
|
|
6.13%, 09/15/2033(b)
|
|
2,000
|
1,968
|
|
Meta Platforms, Inc.,
|
|
|
|
|
4.55%, 08/15/2031
|
|
16,000
|
15,980
|
|
4.88%, 05/15/2033
|
|
372,000
|
371,040
|
|
4.75%, 08/15/2034
|
|
39,000
|
38,429
|
|
4.88%, 11/15/2035
|
|
303,000
|
296,165
|
|
5.25%, 05/15/2036
|
|
268,000
|
267,876
|
|
6.20%, 05/15/2046
|
|
281,000
|
284,266
|
|
4.45%, 08/15/2052
|
|
110,000
|
86,356
|
|
5.40%, 08/15/2054
|
|
67,000
|
60,021
|
|
5.63%, 11/15/2055
|
|
288,000
|
265,744
|
|
|
Principal
Amount
|
Value
|
|
|
Interactive Media & Services–(continued)
|
|||
|
6.30%, 05/15/2056
|
|
$271,000
|
$273,625
|
|
4.65%, 08/15/2062
|
|
88,000
|
67,863
|
|
5.75%, 05/15/2063
|
|
83,000
|
76,214
|
|
5.55%, 08/15/2064
|
|
117,000
|
104,150
|
|
5.75%, 11/15/2065
|
|
411,000
|
376,966
|
|
6.45%, 05/15/2066
|
|
585,000
|
590,024
|
|
|
|
|
4,773,204
|
|
Internet Services & Infrastructure–0.83%
|
|||
|
Beignet Investor LLC, 6.58%,
05/30/2049(b)
|
|
1,055,000
|
1,088,154
|
|
CoreWeave, Inc.,
|
|
|
|
|
9.25%, 06/01/2030(b)
|
|
38,000
|
38,797
|
|
9.00%, 02/01/2031(b)
|
|
29,000
|
29,440
|
|
9.75%, 10/01/2031(b)
|
|
135,000
|
139,324
|
|
Edged Compute LLC, 7.50%,
04/30/2031(b)
|
|
257,000
|
257,887
|
|
|
|
|
1,553,602
|
|
Investment Banking & Brokerage–3.22%
|
|||
|
Charles Schwab Corp. (The),
|
|
|
|
|
4.34%, 11/14/2031(d)
|
|
48,000
|
47,297
|
|
5.49%, 05/21/2037(d)
|
|
218,000
|
221,170
|
|
Series K, 5.00%(d)(g)
|
|
15,000
|
15,012
|
|
Series L, 6.10%(d)(g)
|
|
265,000
|
265,449
|
|
Goldman Sachs Group, Inc. (The),
|
|
|
|
|
4.92% (SOFR + 1.29%),
04/23/2028(e)
|
|
4,000
|
4,028
|
|
4.15%, 01/21/2029(d)
|
|
7,000
|
6,953
|
|
4.59%, 04/20/2030(d)
|
|
43,000
|
42,863
|
|
5.73%, 04/25/2030(d)
|
|
17,000
|
17,469
|
|
5.05%, 07/23/2030(d)
|
|
14,000
|
14,132
|
|
4.69%, 10/23/2030(d)
|
|
18,000
|
17,975
|
|
5.21%, 01/28/2031(d)
|
|
33,000
|
33,446
|
|
5.22%, 04/23/2031(d)
|
|
72,000
|
73,067
|
|
4.37%, 10/21/2031(d)
|
|
177,000
|
173,521
|
|
4.97%, 06/03/2032(d)
|
|
197,000
|
197,507
|
|
5.09%, 04/20/2034(d)
|
|
114,000
|
113,794
|
|
5.85%, 04/25/2035(d)
|
|
44,000
|
45,822
|
|
5.33%, 07/23/2035(d)
|
|
48,000
|
48,324
|
|
5.54%, 01/28/2036(d)
|
|
7,000
|
7,125
|
|
4.94%, 10/21/2036(d)
|
|
6,000
|
5,830
|
|
5.43%, 06/03/2037(d)
|
|
319,000
|
320,809
|
|
5.39%, 02/02/2041(d)
|
|
542,000
|
528,776
|
|
4.80%, 07/08/2044
|
|
7,000
|
6,311
|
|
5.54%, 01/21/2047(d)
|
|
91,000
|
87,989
|
|
5.73%, 01/28/2056(d)
|
|
195,000
|
192,594
|
|
Series W, 7.50%(d)(g)
|
|
303,000
|
319,034
|
|
Series X, 7.50%(d)(g)
|
|
254,000
|
266,589
|
|
Jefferies Financial Group, Inc., 4.15%,
01/23/2030
|
|
25,000
|
24,258
|
|
|
Principal
Amount
|
Value
|
|
|
Investment Banking & Brokerage–(continued)
|
|||
|
Morgan Stanley,
|
|
|
|
|
5.12%, 02/01/2029(d)
|
|
$4,000
|
$4,036
|
|
4.99%, 04/12/2029(d)
|
|
5,000
|
5,039
|
|
5.16%, 04/20/2029(d)
|
|
17,000
|
17,178
|
|
5.45%, 07/20/2029(d)
|
|
3,000
|
3,053
|
|
6.41%, 11/01/2029(d)
|
|
8,000
|
8,319
|
|
4.24%, 01/09/2030(d)
|
|
8,000
|
7,913
|
|
5.17%, 01/16/2030(d)
|
|
8,000
|
8,099
|
|
5.04%, 07/19/2030(d)
|
|
11,000
|
11,102
|
|
4.65%, 10/18/2030(d)
|
|
19,000
|
18,936
|
|
5.19%, 04/17/2031(d)
|
|
57,000
|
57,852
|
|
4.49%, 01/16/2032(d)
|
|
241,000
|
237,193
|
|
4.71%, 03/12/2032(d)
|
|
292,000
|
289,390
|
|
4.81%, 04/16/2032(d)
|
|
173,000
|
172,302
|
|
5.25%, 04/21/2034(d)
|
|
76,000
|
76,780
|
|
5.42%, 07/21/2034(d)
|
|
42,000
|
42,820
|
|
5.47%, 01/18/2035(d)
|
|
38,000
|
38,755
|
|
5.83%, 04/19/2035(d)
|
|
40,000
|
41,628
|
|
5.32%, 07/19/2035(d)
|
|
66,000
|
66,683
|
|
5.59%, 01/18/2036(d)
|
|
4,000
|
4,103
|
|
5.66%, 04/17/2036(d)
|
|
5,000
|
5,148
|
|
5.07%, 01/30/2037(d)
|
|
188,000
|
184,165
|
|
5.30%, 04/10/2037(d)
|
|
268,000
|
267,377
|
|
5.95%, 01/19/2038(d)
|
|
29,000
|
30,015
|
|
5.31%, 01/18/2041(d)
|
|
162,000
|
158,297
|
|
5.90%, 03/13/2047(d)
|
|
394,000
|
400,090
|
|
Series I,
4.36%, 10/22/2031(d)
|
|
185,000
|
181,587
|
|
4.89%, 10/22/2036(d)
|
|
8,000
|
7,766
|
|
Nomura Holdings, Inc. (Japan),
|
|
|
|
|
4.90%, 07/01/2030
|
|
244,000
|
244,211
|
|
5.49%, 06/29/2035
|
|
200,000
|
204,019
|
|
Raymond James Financial, Inc.,
4.90%, 09/11/2035
|
|
104,000
|
101,358
|
|
|
|
|
5,992,358
|
|
IT Consulting & Other Services–0.38%
|
|||
|
International Business Machines Corp.,
|
|
|
|
|
4.80%, 02/10/2030
|
|
47,000
|
47,426
|
|
4.95%, 02/03/2036
|
|
405,000
|
397,576
|
|
5.70%, 02/10/2055
|
|
71,000
|
68,251
|
|
5.80%, 02/03/2056
|
|
195,000
|
190,615
|
|
|
|
|
703,868
|
|
Leisure Facilities–0.04%
|
|||
|
Six Flags Entertainment Corp./Six Flags
Theme Parks, Inc./Canada’s
Wonderland Co., 6.63%,
05/01/2032(b)
|
|
66,000
|
67,492
|
|
Leisure Products–0.03%
|
|||
|
Brunswick Corp., 5.85%,
03/18/2029
|
|
8,000
|
8,208
|
|
Hasbro, Inc., 4.65%, 03/12/2031
|
|
53,000
|
52,452
|
|
Viking Cruises Ltd., 5.88%,
10/15/2033(b)
|
|
3,000
|
3,008
|
|
|
|
|
63,668
|
|
Life & Health Insurance–3.68%
|
|||
|
200 Park Funding Trust, 5.74%,
02/15/2055(b)
|
|
220,000
|
216,632
|
|
|
Principal
Amount
|
Value
|
|
|
Life & Health Insurance–(continued)
|
|||
|
AEGON Funding Co. LLC, 5.63%,
05/07/2036
|
|
$165,000
|
$164,747
|
|
American National Global Funding,
5.55%, 01/28/2030(b)
|
|
9,000
|
9,141
|
|
American National Group, Inc.,
|
|
|
|
|
5.00%, 06/15/2027
|
|
3,000
|
3,004
|
|
6.00%, 07/15/2035
|
|
153,000
|
151,869
|
|
Athene Global Funding, 5.58%,
01/09/2029(b)
|
|
8,000
|
8,117
|
|
Athene Holding Ltd., 6.15%,
04/03/2030
|
|
8,000
|
8,312
|
|
Constellation Global Funding, 4.85%,
10/22/2030(b)
|
|
96,000
|
94,147
|
|
Corebridge Global Funding,
|
|
|
|
|
4.93% (SOFR + 1.30%),
09/25/2026(b)(e)
|
|
15,000
|
15,042
|
|
5.90%, 09/19/2028(b)
|
|
3,000
|
3,083
|
|
5.20%, 01/12/2029(b)
|
|
5,000
|
5,066
|
|
5.20%, 06/24/2029(b)
|
|
11,000
|
11,146
|
|
Dai-ichi Life Insurance Co. Ltd. (The)
(Japan), 6.20%(b)(d)(g)
|
|
211,000
|
216,441
|
|
Delaware Life Global Funding,
Series 21-1, 2.66%,
06/29/2026(b)
|
|
1,080,000
|
1,077,967
|
|
GA Global Funding Trust,
|
|
|
|
|
5.50%, 01/08/2029(b)
|
|
152,000
|
153,761
|
|
4.50%, 09/18/2030(b)
|
|
410,000
|
396,584
|
|
Grand River Funding Trust I, 6.31%,
02/15/2036(b)
|
|
200,000
|
200,333
|
|
Grand River Funding Trust II, 7.28%,
02/15/2056(b)
|
|
334,000
|
350,391
|
|
High Street Funding Trust III, 5.81%,
02/15/2055(b)
|
|
108,000
|
106,443
|
|
Lincoln Financial Global Funding,
|
|
|
|
|
4.63%, 08/18/2030(b)
|
|
28,000
|
27,728
|
|
4.95%, 05/21/2031(b)
|
|
101,000
|
100,788
|
|
MAG Mutual Holding Co., 4.75%,
04/30/2041(b)(h)
|
|
1,039,000
|
938,217
|
|
MassMutual Global Funding II, 4.55%,
05/07/2030(b)
|
|
30,000
|
29,903
|
|
MetLife, Inc.,
|
|
|
|
|
5.00%, 07/15/2052
|
|
17,000
|
15,419
|
|
5.25%, 01/15/2054
|
|
105,000
|
98,895
|
|
Series G, 6.35%, 03/15/2055(d)
|
|
105,000
|
108,042
|
|
New York Life Global Funding, 4.55%,
01/28/2033(b)
|
|
69,000
|
68,004
|
|
Nippon Life Insurance Co. (Japan),
|
|
|
|
|
5.95%, 04/16/2054(b)(d)
|
|
281,000
|
285,892
|
|
6.50%, 04/30/2055(b)(d)
|
|
200,000
|
210,852
|
|
Northwestern Mutual Global Funding,
4.74%, 06/30/2031(b)
|
|
128,000
|
128,374
|
|
Northwestern Mutual Life Insurance Co.
(The), 6.05%, 06/30/2056(b)
|
|
368,000
|
376,141
|
|
Pacific Life Global Funding II, 4.26%
(SOFR + 0.62%), 06/04/2026(b)(e)
|
|
3,000
|
3,000
|
|
Pricoa Global Funding I, 4.65%,
08/27/2031(b)
|
|
150,000
|
149,383
|
|
Principal Financial Group, Inc., 5.30%,
01/15/2037
|
|
158,000
|
158,004
|
|
Protective Life Corp.,
|
|
|
|
|
4.70%, 01/15/2031(b)
|
|
62,000
|
61,260
|
|
5.35%, 12/15/2035(b)
|
|
133,000
|
131,432
|
|
|
Principal
Amount
|
Value
|
|
|
Life & Health Insurance–(continued)
|
|||
|
Protective Life Global Funding, 4.83%,
04/14/2031(b)
|
|
$286,000
|
$285,079
|
|
Prudential Financial, Inc., 5.20%,
03/14/2035
|
|
156,000
|
157,002
|
|
Sammons Financial Group, Inc.,
4.75%, 04/08/2032(b)
|
|
6,000
|
5,753
|
|
Wynnton Funding Trust, 5.25%,
08/15/2035(b)
|
|
325,000
|
323,091
|
|
|
|
|
6,854,485
|
|
Life Sciences Tools & Services–0.10%
|
|||
|
Thermo Fisher Scientific, Inc.,
|
|
|
|
|
4.22%, 02/12/2031
|
|
15,000
|
14,787
|
|
4.55%, 06/15/2033
|
|
69,000
|
68,033
|
|
4.90%, 02/12/2036
|
|
104,000
|
102,747
|
|
|
|
|
185,567
|
|
Managed Health Care–0.12%
|
|||
|
Centene Corp., 2.50%, 03/01/2031
|
|
80,000
|
69,735
|
|
Molina Healthcare, Inc., 6.25%,
01/15/2033(b)
|
|
20,000
|
20,009
|
|
UnitedHealth Group, Inc.,
|
|
|
|
|
5.30%, 02/15/2030
|
|
9,000
|
9,223
|
|
5.35%, 02/15/2033
|
|
90,000
|
92,654
|
|
4.50%, 04/15/2033
|
|
13,000
|
12,717
|
|
5.63%, 07/15/2054
|
|
18,000
|
17,490
|
|
|
|
|
221,828
|
|
Marine Transportation–0.06%
|
|||
|
A.P. Moller - Maersk A/S, 5.88%,
09/14/2033(b)
|
|
30,000
|
31,481
|
|
Danaos Corp. (Greece), 6.88%,
10/15/2032(b)
|
|
67,000
|
69,179
|
|
NCL Corp. Ltd.,
|
|
|
|
|
5.88%, 01/15/2031(b)
|
|
2,000
|
1,934
|
|
6.75%, 02/01/2032(b)
|
|
3,000
|
2,976
|
|
6.25%, 09/15/2033(b)
|
|
2,000
|
1,919
|
|
|
|
|
107,489
|
|
Metal, Glass & Plastic Containers–0.15%
|
|||
|
Smurfit Kappa Treasury Unlimited Co.
(Ireland),
|
|
|
|
|
5.20%, 01/15/2030
|
|
139,000
|
141,418
|
|
5.44%, 04/03/2034
|
|
128,000
|
130,230
|
|
|
|
|
271,648
|
|
Mortgage REITs–0.03%
|
|||
|
Blackstone Mortgage Trust, Inc.,
6.25%, 06/01/2031(b)
|
|
30,000
|
29,529
|
|
Rithm Capital Corp., 8.50%,
06/01/2031(b)
|
|
33,000
|
32,982
|
|
|
|
|
62,511
|
|
Movies & Entertainment–0.05%
|
|||
|
Netflix, Inc., 5.40%, 08/15/2054
|
|
17,000
|
16,545
|
|
Starz Capital Holdings 1, Inc., 6.00%,
04/15/2030(b)
|
|
72,000
|
68,850
|
|
|
|
|
85,395
|
|
Multi-Family Residential REITs–0.10%
|
|||
|
AvalonBay Communities, Inc.,
|
|
|
|
|
5.00%, 02/15/2033
|
|
14,000
|
14,195
|
|
5.30%, 12/07/2033
|
|
55,000
|
56,764
|
|
|
Principal
Amount
|
Value
|
|
|
Multi-Family Residential REITs–(continued)
|
|||
|
ERP Operating L.P., 4.95%,
06/15/2032
|
|
$37,000
|
$37,319
|
|
Mid-America Apartments L.P., 5.30%,
02/15/2032
|
|
60,000
|
61,765
|
|
UDR, Inc., 5.13%, 09/01/2034
|
|
16,000
|
15,980
|
|
|
|
|
186,023
|
|
Multi-line Insurance–0.12%
|
|||
|
American International Group, Inc.,
4.85%, 05/07/2030
|
|
6,000
|
6,056
|
|
Guardian Life Global Funding, 4.81%,
06/01/2031(b)
|
|
217,000
|
217,634
|
|
|
|
|
223,690
|
|
Multi-Utilities–0.67%
|
|||
|
Ameren Illinois Co., 4.95%,
06/01/2033
|
|
21,000
|
21,156
|
|
Black Hills Corp., 6.15%,
05/15/2034
|
|
80,000
|
84,561
|
|
CenterPoint Energy, Inc., 5.95%,
04/01/2056(d)
|
|
27,000
|
27,011
|
|
Dominion Energy, Inc.,
|
|
|
|
|
5.38%, 11/15/2032
|
|
71,000
|
72,864
|
|
6.00%, 02/15/2056(d)
|
|
96,000
|
96,577
|
|
6.20%, 02/15/2056(d)
|
|
71,000
|
71,493
|
|
DTE Electric Co.,
|
|
|
|
|
5.20%, 03/01/2034
|
|
22,000
|
22,521
|
|
5.85%, 05/15/2055
|
|
18,000
|
18,297
|
|
DTE Energy Co.,
|
|
|
|
|
4.95%, 07/01/2027
|
|
3,000
|
3,021
|
|
5.85%, 06/01/2034
|
|
15,000
|
15,729
|
|
ENGIE S.A. (France),
|
|
|
|
|
5.63%, 04/10/2034(b)
|
|
200,000
|
206,523
|
|
5.88%, 04/10/2054(b)
|
|
205,000
|
202,351
|
|
NiSource, Inc.,
|
|
|
|
|
4.75%, 05/18/2031
|
|
45,000
|
44,986
|
|
5.35%, 04/01/2034
|
|
45,000
|
45,953
|
|
5.30%, 05/18/2036
|
|
74,000
|
74,060
|
|
5.85%, 04/01/2055
|
|
37,000
|
36,660
|
|
Public Service Enterprise Group, Inc.,
6.13%, 10/15/2033
|
|
5,000
|
5,317
|
|
Sempra,
|
|
|
|
|
5.25%, 03/15/2036
|
|
135,000
|
133,479
|
|
6.88%, 10/01/2054(d)
|
|
35,000
|
35,767
|
|
6.38%, 04/01/2056(d)
|
|
19,000
|
19,233
|
|
WEC Energy Group, Inc., 4.75%,
01/15/2028
|
|
7,000
|
7,036
|
|
|
|
|
1,244,595
|
|
Office REITs–0.26%
|
|||
|
Boston Properties L.P., Conv., 2.00%,
10/01/2030(b)
|
|
164,000
|
154,898
|
|
COPT Defense Properties L.P., 4.50%,
10/15/2030
|
|
18,000
|
17,688
|
|
Cousins Properties L.P.,
|
|
|
|
|
5.38%, 02/15/2032
|
|
16,000
|
16,253
|
|
4.88%, 03/01/2033
|
|
141,000
|
137,365
|
|
5.88%, 10/01/2034
|
|
37,000
|
37,897
|
|
Piedmont Operating Partnership L.P.,
|
|
|
|
|
6.88%, 07/15/2029
|
|
11,000
|
11,566
|
|
5.63%, 01/15/2033
|
|
112,000
|
111,142
|
|
|
|
|
486,809
|
|
|
Principal
Amount
|
Value
|
|
|
Oil & Gas Drilling–0.07%
|
|||
|
Summit Midstream Holdings LLC,
8.63%, 10/31/2029(b)
|
|
$57,000
|
$59,476
|
|
Transocean International Ltd., 7.88%,
10/15/2032(b)
|
|
62,000
|
66,181
|
|
|
|
|
125,657
|
|
Oil & Gas Equipment & Services–0.29%
|
|||
|
Baker Hughes Holdings LLC/Baker Hughes
Co-Obligor, Inc.,
|
|
|
|
|
4.05%, 03/11/2029
|
|
8,000
|
7,928
|
|
4.35%, 06/15/2031
|
|
180,000
|
177,118
|
|
Bristow Group, Inc., 6.75%,
02/01/2033(b)
|
|
226,000
|
228,452
|
|
Solaris Energy Infrastructure, LLC,
6.38%, 05/15/2031(b)
|
|
69,000
|
70,113
|
|
Tidewater, Inc., 9.13%,
07/15/2030(b)
|
|
55,000
|
59,264
|
|
|
|
|
542,875
|
|
Oil & Gas Exploration & Production–0.60%
|
|||
|
Aethon United BR L.P./Aethon United
Finance Corp., 7.50%,
10/01/2029(b)
|
|
3,000
|
3,130
|
|
Caturus Energy LLC,
|
|
|
|
|
8.50%, 02/15/2030(b)
|
|
95,000
|
99,551
|
|
7.13%, 05/15/2031(b)
|
|
38,000
|
38,000
|
|
Comstock Resources, Inc., 6.75%,
03/01/2029(b)
|
|
57,000
|
56,046
|
|
ConocoPhillips Co., 5.70%,
09/15/2063
|
|
18,000
|
17,570
|
|
Diamondback Energy, Inc.,
|
|
|
|
|
5.15%, 01/30/2030
|
|
6,000
|
6,124
|
|
5.90%, 04/18/2064
|
|
22,000
|
21,795
|
|
EOG Resources, Inc.,
|
|
|
|
|
4.40%, 07/15/2028
|
|
3,000
|
3,004
|
|
5.35%, 01/15/2036
|
|
57,000
|
57,942
|
|
5.95%, 07/15/2055
|
|
35,000
|
35,914
|
|
Hilcorp Energy I L.P./Hilcorp Finance Co.,
|
|
|
|
|
6.00%, 02/01/2031(b)
|
|
85,000
|
83,800
|
|
8.38%, 11/01/2033(b)
|
|
81,000
|
86,214
|
|
6.88%, 05/15/2034(b)
|
|
17,000
|
17,020
|
|
7.25%, 02/15/2035(b)
|
|
27,000
|
27,411
|
|
Infinity Natural Resources LLC, 7.63%,
04/01/2031(b)
|
|
68,000
|
68,730
|
|
Uzbekneftegaz JSC (Uzbekistan),
4.75%, 11/16/2028(b)
|
|
278,000
|
270,659
|
|
Var Energi ASA (Norway), 5.88%,
05/22/2030(b)
|
|
200,000
|
206,816
|
|
Woodside Finance Ltd. (Australia),
5.70%, 05/19/2032
|
|
15,000
|
15,538
|
|
|
|
|
1,115,264
|
|
Oil & Gas Refining & Marketing–0.43%
|
|||
|
CVR Energy, Inc.,
|
|
|
|
|
7.50%, 02/15/2031(b)
|
|
34,000
|
34,405
|
|
7.88%, 02/15/2034(b)
|
|
69,000
|
69,259
|
|
Empresa Nacional del Petroleo (Chile),
5.95%, 07/30/2034(b)
|
|
210,000
|
215,832
|
|
|
Principal
Amount
|
Value
|
|
|
Oil & Gas Refining & Marketing–(continued)
|
|||
|
Sunoco L.P.,
|
|
|
|
|
5.63%, 03/15/2031(b)
|
|
$143,000
|
$143,241
|
|
6.63%, 08/15/2032(b)
|
|
74,000
|
75,605
|
|
6.25%, 07/01/2033(b)
|
|
45,000
|
45,793
|
|
5.88%, 03/15/2034(b)
|
|
50,000
|
49,731
|
|
7.88%(b)(d)(g)
|
|
153,000
|
159,921
|
|
|
|
|
793,787
|
|
Oil & Gas Storage & Transportation–3.12%
|
|||
|
Antero Midstream Partners L.P./Antero
Midstream Finance Corp.,
|
|
|
|
|
6.63%, 02/01/2032(b)
|
|
5,000
|
5,104
|
|
5.75%, 10/15/2033(b)
|
|
7,000
|
6,931
|
|
Cheniere Energy Partners, L.P.,
|
|
|
|
|
5.35%, 11/30/2036(b)
|
|
190,000
|
190,088
|
|
6.05%, 11/30/2056(b)
|
|
107,000
|
108,195
|
|
Cheniere Energy, Inc., 5.20%,
07/30/2036(b)
|
|
71,000
|
69,979
|
|
Columbia Pipelines Operating Co. LLC,
5.70%, 10/01/2054(b)
|
|
68,000
|
64,807
|
|
Eastern Energy Gas Holdings LLC,
5.65%, 10/15/2054
|
|
18,000
|
17,219
|
|
El Paso Natural Gas Co. LLC, 8.38%,
06/15/2032
|
|
20,000
|
23,417
|
|
Enbridge, Inc. (Canada),
|
|
|
|
|
5.70%, 03/08/2033
|
|
47,000
|
48,882
|
|
5.45%, 03/27/2036
|
|
296,000
|
300,065
|
|
7.63%, 01/15/2083(d)
|
|
62,000
|
67,804
|
|
Series NC5, 8.25%, 01/15/2084(d)
|
|
25,000
|
26,444
|
|
Energy Transfer L.P.,
|
|
|
|
|
6.40%, 12/01/2030
|
|
2,000
|
2,131
|
|
4.55%, 01/15/2031
|
|
29,000
|
28,742
|
|
5.55%, 05/15/2034
|
|
33,000
|
33,743
|
|
5.35%, 01/15/2036
|
|
70,000
|
69,891
|
|
5.00%, 05/15/2050
|
|
59,000
|
50,284
|
|
5.95%, 05/15/2054
|
|
69,000
|
66,652
|
|
8.00%, 05/15/2054(d)
|
|
148,000
|
157,770
|
|
6.05%, 09/01/2054
|
|
94,000
|
91,703
|
|
7.13%, 10/01/2054(d)
|
|
450,000
|
464,488
|
|
6.50%, 02/15/2056(d)
|
|
403,000
|
406,645
|
|
6.75%, 02/15/2056(d)
|
|
292,000
|
297,693
|
|
Enterprise Products Operating LLC,
|
|
|
|
|
4.60%, 01/15/2031
|
|
21,000
|
20,997
|
|
5.35%, 01/31/2033
|
|
7,000
|
7,216
|
|
4.20%, 01/31/2050
|
|
58,000
|
46,895
|
|
Series D,
6.88%, 03/01/2033
|
|
20,000
|
22,405
|
|
6.90% (3 mo. Term SOFR +
3.25%), 08/16/2077(e)
|
|
50,000
|
50,018
|
|
Excelerate Energy L.P., 8.00%,
05/15/2030(b)
|
|
56,000
|
59,335
|
|
Florida Gas Transmission Co. LLC,
5.75%, 07/15/2035(b)
|
|
96,000
|
99,232
|
|
Genesis Energy L.P./Genesis Energy Finance
Corp.,
|
|
|
|
|
7.88%, 05/15/2032
|
|
46,000
|
47,859
|
|
8.00%, 05/15/2033
|
|
40,000
|
41,981
|
|
6.75%, 03/15/2034
|
|
46,000
|
46,200
|
|
Global Partners L.P./GLP Finance Corp.,
7.13%, 07/01/2033(b)
|
|
60,000
|
61,052
|
|
|
Principal
Amount
|
Value
|
|
|
Oil & Gas Storage & Transportation–(continued)
|
|||
|
GreenSaif Pipelines Bidco S.a.r.l. (Saudi
Arabia),
|
|
|
|
|
5.85%, 02/23/2036(b)
|
|
$205,000
|
$209,476
|
|
6.13%, 02/23/2038(b)
|
|
200,000
|
206,785
|
|
6.51%, 02/23/2042(b)
|
|
200,000
|
212,242
|
|
Gulfstream Natural Gas System L.L.C.,
5.60%, 07/23/2035(b)
|
|
108,000
|
110,280
|
|
Harvest Midstream I, L.P., 6.75%,
05/15/2034(b)
|
|
69,000
|
70,884
|
|
Kinder Morgan, Inc.,
|
|
|
|
|
5.15%, 06/01/2030
|
|
5,000
|
5,108
|
|
7.80%, 08/01/2031
|
|
29,000
|
33,066
|
|
5.20%, 06/01/2033
|
|
7,000
|
7,125
|
|
5.85%, 06/01/2035
|
|
18,000
|
18,883
|
|
MPLX L.P.,
|
|
|
|
|
4.80%, 02/15/2029
|
|
1,000
|
1,006
|
|
4.80%, 02/15/2031
|
|
74,000
|
73,977
|
|
5.40%, 09/15/2035
|
|
151,000
|
151,315
|
|
4.70%, 04/15/2048
|
|
64,000
|
53,271
|
|
5.50%, 02/15/2049
|
|
92,000
|
84,894
|
|
4.95%, 03/14/2052
|
|
83,000
|
70,598
|
|
5.65%, 03/01/2053
|
|
12,000
|
11,208
|
|
NGL Energy Operating LLC/NGL Energy
Finance Corp., 8.38%,
02/15/2032(b)
|
|
5,000
|
5,257
|
|
Northern Natural Gas Co.,
|
|
|
|
|
3.40%, 10/16/2051(b)
|
|
12,000
|
8,114
|
|
5.63%, 02/01/2054(b)
|
|
18,000
|
17,287
|
|
Northriver Midstream Finance L.P.
(Canada), 6.75%, 07/15/2032(b)
|
|
56,000
|
57,000
|
|
ONEOK Partners L.P., 6.85%,
10/15/2037
|
|
68,000
|
74,794
|
|
ONEOK, Inc., 6.63%, 09/01/2053
|
|
97,000
|
101,702
|
|
Prairie Acquiror L.P., 9.00%,
08/01/2029(b)
|
|
56,000
|
58,414
|
|
South Bow Canadian Infrastructure
Holdings Ltd. (Canada), 7.63%,
03/01/2055(d)
|
|
107,000
|
111,870
|
|
South Bow USA Infrastructure Holdings LLC
(Canada),
|
|
|
|
|
5.58%, 10/01/2034
|
|
20,000
|
19,990
|
|
6.18%, 10/01/2054
|
|
52,000
|
50,311
|
|
Southern Co. Gas Capital Corp.,
|
|
|
|
|
5.75%, 09/15/2033
|
|
15,000
|
15,628
|
|
Series B, 5.10%, 09/15/2035
|
|
46,000
|
45,715
|
|
Targa Resources Corp., 5.50%,
02/15/2035
|
|
2,000
|
2,034
|
|
TransCanada Pipelines Ltd. (Canada),
|
|
|
|
|
6.13%, 10/17/2056(d)
|
|
67,000
|
67,544
|
|
6.38%, 10/17/2056(d)
|
|
40,000
|
40,413
|
|
Venture Global LNG, Inc.,
|
|
|
|
|
9.50%, 02/01/2029(b)
|
|
2,000
|
2,178
|
|
8.38%, 06/01/2031(b)
|
|
66,000
|
68,714
|
|
9.88%, 02/01/2032(b)
|
|
125,000
|
133,716
|
|
9.00%(b)(d)(g)
|
|
78,000
|
77,071
|
|
Venture Global Plaquemines LNG LLC,
|
|
|
|
|
6.13%, 12/15/2030(b)
|
|
46,000
|
47,271
|
|
7.50%, 05/01/2033(b)
|
|
2,000
|
2,208
|
|
6.50%, 01/15/2034(b)
|
|
6,000
|
6,277
|
|
7.75%, 05/01/2035(b)
|
|
2,000
|
2,246
|
|
6.75%, 01/15/2036(b)
|
|
79,000
|
83,833
|
|
|
Principal
Amount
|
Value
|
|
|
Oil & Gas Storage & Transportation–(continued)
|
|||
|
Western Midstream Operating L.P.,
|
|
|
|
|
4.80%, 03/01/2031
|
|
$57,000
|
$56,623
|
|
6.15%, 04/01/2033
|
|
28,000
|
29,452
|
|
5.45%, 11/15/2034
|
|
18,000
|
18,039
|
|
5.50%, 12/15/2035
|
|
68,000
|
67,757
|
|
Williams Cos., Inc. (The),
|
|
|
|
|
5.30%, 08/15/2028
|
|
7,000
|
7,128
|
|
4.80%, 11/15/2029
|
|
6,000
|
6,050
|
|
4.65%, 08/15/2032
|
|
10,000
|
9,893
|
|
5.65%, 03/15/2033
|
|
6,000
|
6,205
|
|
5.80%, 11/15/2054
|
|
22,000
|
21,577
|
|
6.00%, 03/15/2055
|
|
60,000
|
60,318
|
|
|
|
|
5,804,614
|
|
Other Specialized REITs–0.17%
|
|||
|
Iron Mountain, Inc.,
|
|
|
|
|
4.88%, 09/15/2027(b)
|
|
200,000
|
199,374
|
|
4.50%, 02/15/2031(b)
|
|
62,000
|
59,246
|
|
6.25%, 01/15/2033(b)
|
|
59,000
|
59,963
|
|
|
|
|
318,583
|
|
Other Specialty Retail–0.10%
|
|||
|
Bath & Body Works, Inc.,
|
|
|
|
|
6.88%, 11/01/2035
|
|
48,000
|
48,069
|
|
7.60%, 07/15/2037
|
|
21,000
|
20,723
|
|
Michaels Companies, Inc. (The),
8.50%, 03/15/2033(b)
|
|
70,000
|
68,403
|
|
SGUS LLC, 11.00%, 12/15/2029(b)(c)
|
|
15,360
|
2,381
|
|
Tractor Supply Co., 5.25%,
05/15/2033
|
|
15,000
|
15,099
|
|
VSP Optical Group, Inc., 5.45%,
12/01/2035(b)
|
|
33,000
|
32,718
|
|
|
|
|
187,393
|
|
Packaged Foods & Meats–1.38%
|
|||
|
Campbell’s Co. (The),
|
|
|
|
|
5.20%, 03/21/2029
|
|
2,000
|
2,019
|
|
3.13%, 04/24/2050
|
|
135,000
|
82,987
|
|
5.25%, 10/13/2054
|
|
34,000
|
28,431
|
|
General Mills, Inc., 3.00%,
02/01/2051
|
|
1,001,000
|
628,192
|
|
Hormel Foods Corp., 3.05%,
06/03/2051
|
|
993,000
|
647,769
|
|
JBS N.V./JBS USA Foods Group Holdings,
Inc./JBS USA Food Co. Holdings,
|
|
|
|
|
6.25%, 03/01/2056
|
|
228,000
|
223,259
|
|
6.38%, 04/15/2066
|
|
105,000
|
102,750
|
|
Mars, Inc.,
|
|
|
|
|
4.80%, 03/01/2030(b)
|
|
8,000
|
8,059
|
|
5.00%, 03/01/2032(b)
|
|
27,000
|
27,289
|
|
5.20%, 03/01/2035(b)
|
|
128,000
|
128,906
|
|
5.65%, 05/01/2045(b)
|
|
20,000
|
19,843
|
|
5.70%, 05/01/2055(b)
|
|
322,000
|
317,863
|
|
5.80%, 05/01/2065(b)
|
|
64,000
|
63,580
|
|
McCormick & Co., Inc.,
|
|
|
|
|
4.15%, 02/15/2029
|
|
10,000
|
9,910
|
|
4.70%, 10/15/2034
|
|
22,000
|
21,223
|
|
Minerva Luxembourg S.A. (Brazil),
7.50%, 04/22/2036(b)
|
|
270,000
|
259,672
|
|
|
|
|
2,571,752
|
|
|
Principal
Amount
|
Value
|
|
|
Paper & Plastic Packaging Products & Materials–0.04%
|
|||
|
Clydesdale Acquisition Holdings, Inc.,
|
|
|
|
|
8.75%, 04/15/2030(b)
|
|
$6,000
|
$5,770
|
|
6.75%, 04/15/2032(b)
|
|
67,000
|
64,466
|
|
|
|
|
70,236
|
|
Paper Products–0.00%
|
|||
|
Magnera Corp., 7.25%,
11/15/2031(b)
|
|
5,000
|
4,834
|
|
Passenger Airlines–0.99%
|
|||
|
American Airlines Pass-Through Trust,
|
|
|
|
|
Series 2021-1, Class B, 3.95%,
07/11/2030
|
|
9,590
|
9,214
|
|
Series 2021-1, Class A, 2.88%,
07/11/2034
|
|
56,050
|
50,148
|
|
Series B,
5.65%, 11/11/2034
|
|
46,000
|
45,599
|
|
5.75%, 05/10/2035
|
|
146,000
|
145,627
|
|
Series A,
4.90%, 05/11/2038
|
|
123,000
|
119,543
|
|
5.25%, 11/10/2038
|
|
417,000
|
416,298
|
|
American Airlines, Inc./AAdvantage
Loyalty IP Ltd., 5.75%,
04/20/2029(b)
|
|
102,000
|
101,954
|
|
AS Mileage Plan IP Ltd.,
|
|
|
|
|
5.02%, 10/20/2029(b)
|
|
9,000
|
8,923
|
|
5.31%, 10/20/2031(b)
|
|
23,000
|
22,603
|
|
British Airways Pass-Through Trust
(United Kingdom), Series 2021-1,
Class A, 2.90%, 03/15/2035(b)
|
|
25,028
|
22,945
|
|
Delta Air Lines, Inc.,
|
|
|
|
|
4.95%, 07/10/2028
|
|
34,000
|
34,173
|
|
5.25%, 07/10/2030
|
|
21,000
|
21,244
|
|
Delta Air Lines, Inc./SkyMiles IP Ltd.,
4.75%, 10/20/2028(b)
|
|
24,917
|
24,942
|
|
United Airlines Holdings, Inc.,
|
|
|
|
|
4.88%, 03/01/2029
|
|
314,000
|
310,630
|
|
5.38%, 03/01/2031
|
|
182,000
|
180,228
|
|
United Airlines Pass-Through Trust,
|
|
|
|
|
Series 2020-1, Class A, 5.88%,
10/15/2027
|
|
3,734
|
3,791
|
|
Series 2018-1, Class AA, 3.50%,
03/01/2030
|
|
13,039
|
12,652
|
|
Series 2019-1, Class A, 4.55%,
08/25/2031
|
|
75,352
|
72,936
|
|
Series 2019-1, Class AA, 4.15%,
08/25/2031
|
|
102,093
|
99,511
|
|
Series 24-A, 5.88%, 02/15/2037
|
|
69,541
|
69,936
|
|
Series AA, 5.45%, 02/15/2037
|
|
67,662
|
69,493
|
|
|
|
|
1,842,390
|
|
Passenger Ground Transportation–0.02%
|
|||
|
Hertz Corp. (The), 12.63%,
07/15/2029(b)
|
|
13,000
|
11,851
|
|
Uber Technologies, Inc., 4.80%,
09/15/2035
|
|
26,000
|
25,334
|
|
|
|
|
37,185
|
|
Personal Care Products–0.11%
|
|||
|
Opal Bidco SAS (France), 6.50%,
03/31/2032(b)
|
|
200,000
|
203,911
|
|
|
Principal
Amount
|
Value
|
|
|
Pharmaceuticals–1.99%
|
|||
|
1261229 BC Ltd., 10.00%,
04/15/2032(b)
|
|
$65,000
|
$66,610
|
|
AstraZeneca Finance LLC (United
Kingdom), 4.90%, 02/26/2031
|
|
11,000
|
11,180
|
|
Bristol-Myers Squibb Co., 5.90%,
11/15/2033
|
|
2,000
|
2,137
|
|
Eli Lilly and Co.,
|
|
|
|
|
3.99% (SOFR + 0.35%),
05/20/2028(e)
|
|
161,000
|
161,116
|
|
5.00%, 02/09/2054
|
|
2,000
|
1,846
|
|
5.55%, 10/15/2055
|
|
21,000
|
21,005
|
|
5.10%, 02/09/2064
|
|
55,000
|
50,130
|
|
5.20%, 08/14/2064
|
|
18,000
|
16,667
|
|
5.65%, 10/15/2065
|
|
20,000
|
19,934
|
|
EMD Finance LLC (Germany),
|
|
|
|
|
4.13%, 08/15/2028(b)
|
|
1,000
|
992
|
|
4.38%, 10/15/2030(b)
|
|
1,000
|
988
|
|
4.63%, 10/15/2032(b)
|
|
150,000
|
148,045
|
|
Endo Finance Holdings L.P., 8.50%,
04/15/2031(b)
|
|
53,000
|
56,522
|
|
Merck & Co., Inc.,
|
|
|
|
|
4.15%, 03/15/2031
|
|
7,000
|
6,889
|
|
4.65%, 05/22/2031
|
|
126,000
|
126,641
|
|
4.45%, 12/04/2032
|
|
51,000
|
50,319
|
|
4.95%, 05/22/2033
|
|
115,000
|
116,082
|
|
5.20%, 05/22/2036
|
|
193,000
|
195,501
|
|
5.75%, 05/22/2046
|
|
392,000
|
399,517
|
|
5.85%, 05/22/2056
|
|
221,000
|
226,937
|
|
5.15%, 05/17/2063
|
|
16,000
|
14,558
|
|
5.70%, 12/04/2065
|
|
84,000
|
83,010
|
|
Novartis Capital Corp.,
|
|
|
|
|
4.40%, 03/18/2031
|
|
19,000
|
18,912
|
|
4.60%, 03/18/2033
|
|
109,000
|
108,284
|
|
4.20%, 09/18/2034
|
|
55,000
|
53,051
|
|
4.90%, 03/18/2036
|
|
117,000
|
116,587
|
|
5.60%, 03/18/2046
|
|
79,000
|
80,017
|
|
4.70%, 09/18/2054
|
|
40,000
|
35,314
|
|
Pfizer, Inc.,
|
|
|
|
|
4.20%, 11/15/2030
|
|
30,000
|
29,731
|
|
4.50%, 11/15/2032
|
|
160,000
|
158,137
|
|
5.60%, 11/15/2055
|
|
217,000
|
215,402
|
|
5.70%, 11/15/2065
|
|
194,000
|
190,505
|
|
Takeda U.S. Financing, Inc.,
|
|
|
|
|
5.20%, 07/07/2035
|
|
411,000
|
412,126
|
|
5.90%, 07/07/2055
|
|
226,000
|
227,157
|
|
Teva Pharmaceutical Finance Netherlands III
B.V. (Israel),
|
|
|
|
|
6.00%, 12/01/2032
|
|
214,000
|
222,418
|
|
4.10%, 10/01/2046
|
|
88,000
|
67,162
|
|
|
|
|
3,711,429
|
|
Property & Casualty Insurance–0.47%
|
|||
|
Asurion LLC and Asurion Co-Issuer, Inc.,
|
|
|
|
|
8.00%, 12/31/2032(b)
|
|
102,000
|
106,435
|
|
8.38%, 02/01/2034(b)
|
|
90,000
|
88,028
|
|
Chubb INA Holdings LLC, 5.30%,
05/20/2036
|
|
108,000
|
109,570
|
|
CNA Financial Corp., 5.20%,
08/15/2035
|
|
165,000
|
162,733
|
|
Fairfax Financial Holdings Ltd.
(Canada), 6.10%, 03/15/2055
|
|
108,000
|
108,615
|
|
|
Principal
Amount
|
Value
|
|
|
Property & Casualty Insurance–(continued)
|
|||
|
Hanover Insurance Group, Inc. (The),
5.50%, 09/01/2035
|
|
$37,000
|
$37,305
|
|
Sompo Holdings, Inc. (Japan), 5.41%,
04/22/2037(b)(d)
|
|
200,000
|
197,281
|
|
Travelers Cos., Inc. (The),
|
|
|
|
|
5.05%, 07/24/2035
|
|
19,000
|
19,023
|
|
5.45%, 05/25/2053
|
|
16,000
|
15,621
|
|
5.70%, 07/24/2055
|
|
34,000
|
34,389
|
|
|
|
|
879,000
|
|
Rail Transportation–0.33%
|
|||
|
Canadian Pacific Railway Co. (Canada),
|
|
|
|
|
5.20%, 03/30/2035
|
|
45,000
|
45,648
|
|
5.50%, 03/15/2056
|
|
292,000
|
281,971
|
|
Norfolk Southern Corp.,
|
|
|
|
|
5.55%, 03/15/2034
|
|
3,000
|
3,124
|
|
5.95%, 03/15/2064
|
|
3,000
|
3,053
|
|
TTX Co., 5.05%, 11/15/2034(b)
|
|
277,000
|
277,858
|
|
Union Pacific Corp., 5.15%,
01/20/2063
|
|
8,000
|
7,331
|
|
|
|
|
618,985
|
|
Real Estate Development–0.13%
|
|||
|
Cushman & Wakefield U.S. Borrower
LLC, 8.88%, 09/01/2031(b)
|
|
53,000
|
55,942
|
|
Essential Properties L.P., 5.40%,
12/01/2035
|
|
18,000
|
17,832
|
|
Greystar Real Estate Partners LLC,
7.75%, 09/01/2030(b)
|
|
53,000
|
55,122
|
|
Prologis Targeted U.S. Logistics Fund L.P.,
|
|
|
|
|
4.25%, 01/15/2031(b)
|
|
21,000
|
20,563
|
|
4.75%, 01/15/2036(b)
|
|
89,000
|
85,662
|
|
|
|
|
235,121
|
|
Regional Banks–1.10%
|
|||
|
Citizens Financial Group, Inc.,
|
|
|
|
|
3.25%, 04/30/2030
|
|
7,000
|
6,632
|
|
5.30%, 01/29/2036(d)
|
|
21,000
|
20,808
|
|
5.64%, 05/21/2037(d)
|
|
61,000
|
61,367
|
|
CoBank, ACB, Series N, 6.75%(d)(g)
|
|
256,000
|
258,036
|
|
Huntington Bancshares, Inc.,
|
|
|
|
|
4.62%, 01/28/2032(d)
|
|
332,000
|
327,500
|
|
5.61%, 01/28/2041(d)
|
|
210,000
|
205,778
|
|
M&T Bank Corp., 5.30%,
04/18/2036(d)
|
|
376,000
|
372,955
|
|
Pinnacle Financial Partners, Inc.,
|
|
|
|
|
6.17%, 11/01/2030(d)
|
|
6,000
|
6,160
|
|
5.60%, 05/19/2032(d)
|
|
109,000
|
109,573
|
|
Regions Financial Corp., 5.72%,
06/06/2030(d)
|
|
11,000
|
11,291
|
|
Truist Financial Corp., 4.60%,
01/27/2032(d)
|
|
141,000
|
139,416
|
|
Zions Bancorp. N.A., 6.82%,
11/19/2035(d)
|
|
253,000
|
263,251
|
|
Zions Bancorporation N.A., 4.70%,
08/18/2028(d)
|
|
259,000
|
259,117
|
|
|
|
|
2,041,884
|
|
Reinsurance–0.33%
|
|||
|
Argentum Netherlands B.V. for Swiss
Re Ltd. (Switzerland), 5.63%,
08/15/2052(b)(d)
|
|
207,000
|
208,410
|
|
|
Principal
Amount
|
Value
|
|
|
Reinsurance–(continued)
|
|||
|
Fortitude Global Funding, 4.63%,
10/06/2028(b)
|
|
$44,000
|
$43,604
|
|
Fortitude Group Holdings LLC, 6.25%,
04/01/2030(b)
|
|
10,000
|
10,250
|
|
Global Atlantic (Fin) Co.,
|
|
|
|
|
4.40%, 10/15/2029(b)
|
|
46,000
|
44,731
|
|
3.13%, 06/15/2031(b)
|
|
6,000
|
5,383
|
|
Reinsurance Group of America, Inc.,
6.38%, 09/15/2056(d)
|
|
53,000
|
52,313
|
|
RGA Global Funding, 5.00%,
08/25/2032(b)
|
|
256,000
|
254,737
|
|
|
|
|
619,428
|
|
Renewable Electricity–0.34%
|
|||
|
Idaho Power Co., 5.20%,
08/15/2034
|
|
21,000
|
21,246
|
|
Puget Energy, Inc.,
|
|
|
|
|
7.00%, 09/15/2056(b)(d)
|
|
257,000
|
259,663
|
|
7.25%, 09/15/2056(b)(d)
|
|
249,000
|
251,975
|
|
Southern Power Co.,
|
|
|
|
|
Series A, 4.25%, 10/01/2030
|
|
26,000
|
25,656
|
|
Series B, 4.90%, 10/01/2035
|
|
73,000
|
71,223
|
|
|
|
|
629,763
|
|
Research & Consulting Services–0.05%
|
|||
|
Clarivate Science Holdings Corp.,
4.88%, 07/01/2029(b)
|
|
39,000
|
35,744
|
|
Verisk Analytics, Inc., 4.45%,
03/15/2031
|
|
58,000
|
57,065
|
|
|
|
|
92,809
|
|
Restaurants–0.19%
|
|||
|
McDonald’s Corp.,
|
|
|
|
|
4.40%, 02/12/2031
|
|
36,000
|
35,860
|
|
4.95%, 03/03/2035
|
|
64,000
|
63,812
|
|
5.00%, 02/13/2036
|
|
160,000
|
159,804
|
|
New Red Finance, Inc. (Canada),
|
|
|
|
|
5.63%, 09/15/2029(b)
|
|
2,000
|
2,017
|
|
4.00%, 10/15/2030(b)
|
|
95,000
|
90,106
|
|
|
|
|
351,599
|
|
Retail REITs–0.43%
|
|||
|
Agree L.P., 5.63%, 06/15/2034
|
|
21,000
|
21,655
|
|
Brixmor Operating Partnership L.P.,
|
|
|
|
|
4.85%, 02/15/2033
|
|
30,000
|
29,542
|
|
5.75%, 02/15/2035
|
|
17,000
|
17,626
|
|
Kimco Realty OP LLC,
|
|
|
|
|
2.25%, 12/01/2031
|
|
7,000
|
6,199
|
|
4.85%, 03/01/2035
|
|
33,000
|
32,478
|
|
5.30%, 02/01/2036
|
|
159,000
|
161,571
|
|
Kite Realty Group L.P.,
|
|
|
|
|
4.95%, 12/15/2031
|
|
21,000
|
20,977
|
|
5.50%, 03/01/2034
|
|
15,000
|
15,251
|
|
Kite Realty Group Trust, 4.75%,
09/15/2030
|
|
3,000
|
3,006
|
|
NNN REIT, Inc.,
|
|
|
|
|
5.60%, 10/15/2033
|
|
19,000
|
19,579
|
|
5.50%, 06/15/2034
|
|
21,000
|
21,455
|
|
|
Principal
Amount
|
Value
|
|
|
Retail REITs–(continued)
|
|||
|
Realty Income Corp.,
|
|
|
|
|
5.63%, 10/13/2032
|
|
$22,000
|
$22,935
|
|
4.50%, 02/01/2033
|
|
135,000
|
131,830
|
|
5.13%, 04/15/2035
|
|
21,000
|
21,032
|
|
5.38%, 09/01/2054
|
|
17,000
|
16,421
|
|
Regency Centers L.P.,
|
|
|
|
|
5.00%, 07/15/2032
|
|
29,000
|
29,298
|
|
4.50%, 03/15/2033
|
|
76,000
|
74,174
|
|
5.25%, 01/15/2034
|
|
22,000
|
22,306
|
|
5.10%, 01/15/2035
|
|
18,000
|
18,042
|
|
Simon Property Group L.P., 4.75%,
09/26/2034
|
|
126,000
|
123,344
|
|
|
|
|
808,721
|
|
Security & Alarm Services–0.17%
|
|||
|
Brink’s Co. (The),
|
|
|
|
|
4.63%, 10/15/2027(b)
|
|
200,000
|
199,140
|
|
6.50%, 06/15/2029(b)
|
|
53,000
|
54,349
|
|
6.75%, 06/15/2032(b)
|
|
63,000
|
64,599
|
|
|
|
|
318,088
|
|
Self-Storage REITs–0.46%
|
|||
|
Americold Realty Operating Partnership L.P.,
|
|
|
|
|
5.60%, 05/15/2032
|
|
46,000
|
46,301
|
|
5.41%, 09/12/2034
|
|
21,000
|
20,469
|
|
Extra Space Storage L.P.,
|
|
|
|
|
2.55%, 06/01/2031
|
|
7,000
|
6,298
|
|
4.95%, 01/15/2033
|
|
51,000
|
50,599
|
|
5.40%, 02/01/2034
|
|
56,000
|
56,671
|
|
Goodman US Finance Six LLC
(Australia), 5.13%, 10/07/2034(b)
|
|
16,000
|
15,836
|
|
Prologis L.P.,
|
|
|
|
|
4.75%, 01/15/2031
|
|
24,000
|
24,200
|
|
4.63%, 01/15/2033
|
|
78,000
|
77,400
|
|
4.75%, 06/15/2033
|
|
72,000
|
71,441
|
|
5.13%, 01/15/2034
|
|
21,000
|
21,238
|
|
5.00%, 03/15/2034
|
|
119,000
|
118,996
|
|
5.00%, 01/31/2035
|
|
69,000
|
68,812
|
|
5.25%, 05/15/2035
|
|
77,000
|
78,080
|
|
5.25%, 03/15/2054
|
|
84,000
|
79,423
|
|
Public Storage Operating Co.,
|
|
|
|
|
5.00%, 12/15/2035
|
|
73,000
|
72,324
|
|
5.35%, 08/01/2053
|
|
54,000
|
51,783
|
|
|
|
|
859,871
|
|
Semiconductors–2.43%
|
|||
|
Broadcom, Inc.,
|
|
|
|
|
4.30%, 11/15/2032
|
|
46,000
|
44,675
|
|
5.20%, 07/15/2035
|
|
90,000
|
90,571
|
|
4.80%, 02/15/2036
|
|
140,000
|
136,368
|
|
4.90%, 02/15/2038
|
|
122,000
|
117,765
|
|
Foundry JV Holdco LLC,
|
|
|
|
|
5.90%, 01/25/2030(b)
|
|
205,000
|
212,296
|
|
5.50%, 01/25/2031(b)
|
|
412,000
|
422,381
|
|
6.15%, 01/25/2032(b)
|
|
200,000
|
210,487
|
|
5.90%, 01/25/2033(b)
|
|
213,000
|
221,670
|
|
5.88%, 01/25/2034(b)
|
|
651,000
|
660,492
|
|
6.25%, 01/25/2035(b)
|
|
537,000
|
568,414
|
|
6.20%, 01/25/2037(b)
|
|
401,000
|
423,526
|
|
6.40%, 01/25/2038(b)
|
|
217,000
|
231,750
|
|
6.30%, 01/25/2039(b)
|
|
200,000
|
211,514
|
|
|
Principal
Amount
|
Value
|
|
|
Semiconductors–(continued)
|
|||
|
Intel Corp.,
|
|
|
|
|
5.30%, 05/15/2036
|
|
$124,000
|
$123,891
|
|
6.13%, 05/15/2056
|
|
195,000
|
196,567
|
|
Kioxia Holdings Corp. (Japan), 6.25%,
07/24/2030(b)
|
|
419,000
|
431,775
|
|
Micron Technology, Inc., 2.70%,
04/15/2032
|
|
6,000
|
5,386
|
|
ON Semiconductor Corp., Conv.,
0.00%, 05/01/2031(b)(j)
|
|
52,000
|
56,514
|
|
SK hynix, Inc. (South Korea), 4.38%,
09/11/2030(b)
|
|
152,000
|
150,894
|
|
Skyworks Solutions, Inc., 3.00%,
06/01/2031
|
|
7,000
|
6,353
|
|
|
|
|
4,523,289
|
|
Single-Family Residential REITs–0.06%
|
|||
|
American Homes 4 Rent L.P., 5.50%,
07/15/2034
|
|
59,000
|
59,713
|
|
Invitation Homes Operating Partnership L.P.,
|
|
|
|
|
2.30%, 11/15/2028
|
|
7,000
|
6,632
|
|
4.88%, 02/01/2035
|
|
51,000
|
49,553
|
|
|
|
|
115,898
|
|
Soft Drinks & Non-alcoholic Beverages–0.01%
|
|||
|
Coca-Cola Co. (The), 5.40%,
05/13/2064
|
|
10,000
|
9,644
|
|
Keurig Dr Pepper, Inc., 4.35%,
05/15/2028
|
|
2,000
|
1,996
|
|
|
|
|
11,640
|
|
Sovereign Debt–2.09%
|
|||
|
Bahamas Government International
Bond (Bahamas), 8.25%,
06/24/2036(b)
|
|
228,000
|
255,611
|
|
Benin Sukuk S.A. (Benin), 6.20%,
01/29/2033(b)
|
|
207,000
|
200,991
|
|
Brazilian Government International
Bond (Brazil), 7.25%, 01/12/2056
|
|
200,000
|
200,500
|
|
Colombia Government International Bond
(Colombia),
|
|
|
|
|
6.13%, 01/21/2031
|
|
209,000
|
208,686
|
|
6.50%, 01/21/2033
|
|
223,000
|
220,547
|
|
Dominican Republic International Bond
(Dominican Republic),
|
|
|
|
|
5.75%, 03/17/2034(b)
|
|
195,000
|
191,685
|
|
6.15%, 05/17/2038(b)
|
|
45,000
|
44,438
|
|
Egypt Government International Bond
(Egypt), 7.63%, 05/20/2034(b)
|
|
200,000
|
201,299
|
|
Egyptian Financial Co. for Sovereign
Taskeek (The) (Egypt), 6.38%,
04/07/2029(b)
|
|
200,000
|
202,900
|
|
Guatemala Government Bond
(Guatemala), 6.05%,
08/06/2031(b)
|
|
200,000
|
207,308
|
|
Israel Government International Bond
(Israel), 5.00%, 01/13/2036
|
|
94,000
|
91,966
|
|
Korea National Oil Corp. (South Korea),
|
|
|
|
|
4.50%, 03/30/2029(b)
|
|
315,000
|
315,884
|
|
4.63%, 03/30/2031(b)
|
|
219,000
|
219,787
|
|
Kuwait International Government Bond
(Kuwait), 4.14%, 10/09/2030(b)
|
|
200,000
|
197,166
|
|
|
Principal
Amount
|
Value
|
|
|
Sovereign Debt–(continued)
|
|||
|
Mexico Government International Bond
(Mexico),
|
|
|
|
|
4.75%, 03/22/2031
|
|
$339,000
|
$331,203
|
|
5.38%, 03/22/2033
|
|
223,000
|
218,651
|
|
Romanian Government International Bond
(Romania),
|
|
|
|
|
6.63%, 02/17/2028(b)
|
|
190,000
|
195,425
|
|
5.88%, 01/30/2029(b)
|
|
124,000
|
126,302
|
|
7.13%, 01/17/2033(b)
|
|
102,000
|
108,587
|
|
Turkiye Government International Bond
(Turkey), 6.38%, 05/22/2031
|
|
160,000
|
158,791
|
|
|
|
|
3,897,727
|
|
Specialized Consumer Services–0.50%
|
|||
|
Carriage Services, Inc., 4.25%,
05/15/2029(b)
|
|
73,000
|
69,901
|
|
Rentokil Terminix Funding LLC,
|
|
|
|
|
5.00%, 04/28/2030(b)
|
|
457,000
|
459,491
|
|
5.63%, 04/28/2035(b)
|
|
400,000
|
405,988
|
|
|
|
|
935,380
|
|
Specialized Finance–0.11%
|
|||
|
HA Sustainable Infrastructure Capital, Inc.,
|
|
|
|
|
8.00%, 06/01/2056(d)
|
|
60,000
|
64,082
|
|
7.13%, 11/15/2056(d)
|
|
39,000
|
39,430
|
|
TrueNoord Capital DAC (Ireland),
8.75%, 03/01/2030(b)
|
|
99,000
|
101,510
|
|
|
|
|
205,022
|
|
Specialty Chemicals–0.38%
|
|||
|
Celanese US Holdings LLC, 7.70%,
11/15/2033
|
|
44,000
|
47,290
|
|
OCP S.A. (Morocco),
|
|
|
|
|
6.10%, 04/30/2030(b)
|
|
202,000
|
207,009
|
|
6.70%, 03/01/2036(b)
|
|
202,000
|
210,154
|
|
6.74%(b)(d)(g)
|
|
200,000
|
198,275
|
|
Sherwin-Williams Co. (The),
|
|
|
|
|
4.30%, 08/15/2028
|
|
15,000
|
14,938
|
|
4.50%, 08/15/2030
|
|
15,000
|
14,941
|
|
5.15%, 08/15/2035
|
|
21,000
|
21,103
|
|
|
|
|
713,710
|
|
Steel–0.62%
|
|||
|
ArcelorMittal S.A. (Luxembourg),
6.55%, 11/29/2027
|
|
8,000
|
8,227
|
|
Cleveland-Cliffs, Inc.,
|
|
|
|
|
6.88%, 11/01/2029(b)
|
|
203,000
|
207,731
|
|
7.00%, 03/15/2032(b)
|
|
70,000
|
70,854
|
|
7.63%, 01/15/2034(b)
|
|
7,000
|
7,209
|
|
Nucor Corp., 2.98%, 12/15/2055
|
|
1,040,000
|
650,153
|
|
POSCO Holdings, Inc. (South Korea),
5.13%, 05/07/2030(b)
|
|
212,000
|
215,086
|
|
|
|
|
1,159,260
|
|
Systems Software–1.64%
|
|||
|
CrowdStrike Holdings, Inc., 3.00%,
02/15/2029
|
|
200,000
|
190,858
|
|
Oak-Eagle AcquireCo, Inc.,
|
|
|
|
|
7.25%, 07/01/2033(b)
|
|
108,000
|
112,692
|
|
8.75%, 07/01/2034(b)
|
|
68,000
|
71,903
|
|
|
Principal
Amount
|
Value
|
|
|
Systems Software–(continued)
|
|||
|
Oracle Corp.,
|
|
|
|
|
4.55%, 02/04/2029
|
|
$47,000
|
$46,536
|
|
4.74% (SOFR + 1.11%),
02/04/2029(e)
|
|
42,000
|
41,948
|
|
4.45%, 09/26/2030
|
|
78,000
|
75,642
|
|
4.95%, 02/04/2031
|
|
190,000
|
186,878
|
|
6.25%, 11/09/2032
|
|
124,000
|
128,976
|
|
4.90%, 02/06/2033
|
|
56,000
|
53,852
|
|
5.35%, 05/04/2033
|
|
188,000
|
185,107
|
|
4.70%, 09/27/2034
|
|
95,000
|
88,273
|
|
5.20%, 09/26/2035
|
|
64,000
|
60,978
|
|
5.70%, 02/04/2036
|
|
203,000
|
199,522
|
|
5.88%, 09/26/2045
|
|
119,000
|
106,496
|
|
6.55%, 02/04/2046
|
|
301,000
|
290,402
|
|
6.90%, 11/09/2052
|
|
86,000
|
84,668
|
|
5.38%, 09/27/2054
|
|
136,000
|
109,110
|
|
6.00%, 08/03/2055
|
|
70,000
|
61,421
|
|
5.95%, 09/26/2055
|
|
77,000
|
67,389
|
|
6.70%, 02/04/2056
|
|
174,000
|
167,703
|
|
5.50%, 09/27/2064
|
|
100,000
|
79,184
|
|
6.13%, 08/03/2065
|
|
122,000
|
105,765
|
|
6.85%, 02/04/2066
|
|
76,000
|
72,857
|
|
ServiceNow, Inc.,
|
|
|
|
|
4.70%, 08/15/2031
|
|
65,000
|
65,061
|
|
5.05%, 05/15/2033
|
|
70,000
|
70,355
|
|
5.40%, 05/15/2036
|
|
156,000
|
157,232
|
|
6.30%, 05/15/2056
|
|
159,000
|
164,296
|
|
|
|
|
3,045,104
|
|
Technology Hardware, Storage & Peripherals–0.13%
|
|||
|
Apple, Inc., 4.10%, 08/08/2062
|
|
80,000
|
61,963
|
|
Hewlett Packard Enterprise Co.,
|
|
|
|
|
5.00%, 10/15/2034
|
|
70,000
|
68,690
|
|
5.60%, 10/15/2054
|
|
128,000
|
118,138
|
|
|
|
|
248,791
|
|
Telecom Tower REITs–0.11%
|
|||
|
SBA Communications Corp., 3.88%,
02/15/2027
|
|
200,000
|
198,552
|
|
Tobacco–0.30%
|
|||
|
B.A.T. Capital Corp. (United Kingdom),
|
|
|
|
|
4.63%, 03/22/2033
|
|
68,000
|
66,807
|
|
7.08%, 08/02/2043
|
|
12,000
|
13,386
|
|
Philip Morris International, Inc.,
|
|
|
|
|
4.88%, 02/13/2029
|
|
3,000
|
3,033
|
|
4.63%, 11/01/2029
|
|
2,000
|
2,011
|
|
4.38%, 04/30/2030
|
|
7,000
|
6,954
|
|
4.00%, 10/29/2030
|
|
9,000
|
8,813
|
|
5.13%, 02/13/2031
|
|
5,000
|
5,111
|
|
4.75%, 11/01/2031
|
|
14,000
|
14,067
|
|
5.75%, 11/17/2032
|
|
21,000
|
22,059
|
|
5.63%, 09/07/2033
|
|
14,000
|
14,628
|
|
4.90%, 11/01/2034
|
|
70,000
|
69,764
|
|
4.88%, 04/30/2035
|
|
55,000
|
54,346
|
|
4.63%, 10/29/2035
|
|
59,000
|
57,132
|
|
4.88%, 04/29/2036
|
|
230,000
|
225,874
|
|
|
|
|
563,985
|
|
|
Principal
Amount
|
Value
|
|
|
Trading Companies & Distributors–0.45%
|
|||
|
Aircastle Ltd., 5.25%(b)(d)(g)
|
|
$67,000
|
$67,137
|
|
Aircastle Ltd./Aircastle Ireland DAC,
|
|
|
|
|
5.00%, 09/15/2030(b)
|
|
150,000
|
149,753
|
|
5.00%, 05/15/2031(b)
|
|
152,000
|
150,633
|
|
Ferguson Enterprises, Inc.,
|
|
|
|
|
4.35%, 03/15/2031
|
|
38,000
|
37,375
|
|
5.00%, 10/03/2034
|
|
31,000
|
30,829
|
|
GATX Corp.,
|
|
|
|
|
5.50%, 06/15/2035
|
|
3,000
|
3,042
|
|
3.10%, 06/01/2051
|
|
135,000
|
86,305
|
|
6.05%, 06/05/2054
|
|
5,000
|
5,058
|
|
Mitsubishi Corp. (Japan), 5.13%,
07/17/2034(b)
|
|
252,000
|
254,794
|
|
Sumisho Air Lease Corp.,
|
|
|
|
|
4.40%, 03/24/2028(b)
|
|
47,000
|
46,777
|
|
4.50%, 03/24/2029(b)
|
|
6,000
|
5,965
|
|
Series B, 4.65%(d)(g)
|
|
2,000
|
1,999
|
|
|
|
|
839,667
|
|
Transaction & Payment Processing Services–0.05%
|
|||
|
Fiserv, Inc.,
|
|
|
|
|
5.38%, 08/21/2028
|
|
3,000
|
3,040
|
|
4.55%, 02/15/2031
|
|
2,000
|
1,962
|
|
5.63%, 08/21/2033
|
|
7,000
|
7,101
|
|
5.45%, 03/15/2034
|
|
8,000
|
7,981
|
|
Mastercard, Inc., 4.85%,
03/09/2033
|
|
81,000
|
82,069
|
|
|
|
|
102,153
|
|
Water Utilities–0.03%
|
|||
|
American Water Capital Corp., 5.70%,
09/01/2055
|
|
50,000
|
49,437
|
|
Wireless Telecommunication Services–0.82%
|
|||
|
Meridian Arc Holdco LLC, 6.25%,
04/30/2031(b)
|
|
632,000
|
635,591
|
|
PR RNO Property Owner 1 LLC, 6.50%,
05/01/2031(b)
|
|
187,000
|
187,365
|
|
Sprint Spectrum Co. LLC/Sprint
Spectrum Co. II LLC/Sprint Spectrum
Co. III LLC, 5.15%, 03/20/2028(b)
|
|
119,200
|
119,708
|
|
T-Mobile USA, Inc.,
|
|
|
|
|
4.95%, 11/15/2035
|
|
116,000
|
113,966
|
|
4.50%, 04/15/2050
|
|
54,000
|
44,070
|
|
5.65%, 01/15/2053
|
|
73,000
|
69,599
|
|
6.00%, 06/15/2054
|
|
4,000
|
4,008
|
|
5.88%, 11/15/2055
|
|
69,000
|
67,936
|
|
5.70%, 01/15/2056
|
|
156,000
|
149,895
|
|
Vodafone Group PLC (United Kingdom),
|
|
|
|
|
5.75%, 02/10/2063
|
|
25,000
|
23,480
|
|
4.13%, 06/04/2081(d)
|
|
124,000
|
115,608
|
|
|
|
|
1,531,226
|
|
Total U.S. Dollar Denominated Bonds & Notes
(Cost $162,802,065)
|
162,778,863
|
||
|
|
|||
|
Asset-Backed Securities–3.65%
|
|||
|
Carlyle US CLO Ltd., Series 2022-1A,
Class A1R, 4.65% (3 mo. Term
SOFR + 0.98%), 04/15/2035(b)(e)
|
|
273,150
|
273,465
|
|
Centersquare Issuer LLC,
Series 2025-3A, Class A2, 5.00%,
08/25/2055(b)
|
|
270,000
|
260,124
|
|
|
Principal
Amount
|
Value
|
|
|
|
|||
|
CIFC Funding Ltd., Series 2022-3A,
Class AR, 4.62% (3 mo. Term SOFR
+ 0.95%), 04/21/2035(b)(e)
|
|
$322,000
|
$322,213
|
|
CLI Funding IX LLC, Series 2025-1A,
Class A, 5.35%, 06/20/2050(b)
|
|
103,160
|
103,189
|
|
DB Master Finance LLC,
|
|
|
|
|
Series 2025-1A, Class A2I, 4.89%,
08/20/2055(b)
|
|
129,350
|
128,243
|
|
Series 2025-1A, Class A2II,
5.17%, 08/20/2055(b)
|
|
99,500
|
98,645
|
|
Series 2026-1A, Class A2I, 5.20%,
05/20/2056(b)
|
|
100,000
|
100,375
|
|
Series 2026-1A, Class A2II,
5.43%, 05/20/2056(b)
|
|
270,000
|
271,013
|
|
Domino’s Pizza Master Issuer LLC,
|
|
|
|
|
Series 2025-1A, Class A2I, 4.93%,
07/25/2055(b)
|
|
290,000
|
288,341
|
|
Series 2025-1A, Class A2II,
5.22%, 07/25/2055(b)
|
|
240,000
|
237,975
|
|
Hilton Grand Vacations Trust,
Series 2025-1A, Class A, 4.88%,
05/27/2042(b)
|
|
65,238
|
65,395
|
|
Jersey Mike’s Funding, Series 2025-
1A, Class A2, 5.61%,
08/16/2055(b)
|
|
198,500
|
200,887
|
|
Jimmy John’s Funding LLC,
Series 2017-1A, Class A2II,
4.85%, 07/30/2047(b)
|
|
357,755
|
357,041
|
|
Planet Fitness Master Issuer LLC,
Series 2025-1A, Class A2II,
5.65%, 12/06/2055(b)
|
|
100,000
|
99,195
|
|
PMT Loan Trust, Series 2025-INV1,
Class A7, 6.00%, 01/25/2060(b)(k)
|
|
107,418
|
108,331
|
|
Qdoba Funding LLC, Series 2026-1A,
Class A2, 6.70%, 06/14/2056(b)
|
|
400,000
|
402,653
|
|
Sonic Capital LLC,
|
|
|
|
|
Series 2020-1A, Class A2I, 3.85%,
01/20/2050(b)
|
|
299,715
|
297,353
|
|
Series 2021-1A, Class A2I, 2.19%,
08/20/2051(b)
|
|
200,200
|
186,822
|
|
Series 2021-1A, Class A2II,
2.64%, 08/20/2051(b)
|
|
200,200
|
171,997
|
|
Subway Funding LLC,
|
|
|
|
|
Series 2024-1A, Class A23,
6.51%, 07/30/2054(b)
|
|
229,505
|
227,345
|
|
Series 2024-1A, Class A2I, 6.03%,
07/30/2054(b)
|
|
252,160
|
253,866
|
|
Series 2024-1A, Class A2I, 6.27%,
07/30/2054(b)
|
|
250,190
|
251,748
|
|
Series 2024-3A, Class A23,
5.91%, 07/30/2054(b)
|
|
246,250
|
237,159
|
|
Series 2024-3A, Class A2I, 5.25%,
07/30/2054(b)
|
|
231,475
|
227,360
|
|
Series 2024-3A, Class A2I, 5.57%,
07/30/2054(b)
|
|
236,400
|
230,406
|
|
Taco Bell Funding LLC,
|
|
|
|
|
Series 2025-1A, Class A2I, 4.82%,
08/25/2055(b)
|
|
180,000
|
177,902
|
|
Series 2025-1A, Class A2II,
5.05%, 08/25/2055(b)
|
|
110,000
|
107,999
|
|
Wells Fargo Commercial Mortgage
Trust, Series 2026-C66, Class A5,
5.65%, 04/15/2059
|
|
95,000
|
98,996
|
|
Wendy’s Funding LLC, Series 2018-1A,
Class A2II, 3.88%, 03/15/2048(b)
|
|
614,521
|
601,333
|
|
|
Principal
Amount
|
Value
|
|
|
|
|||
|
Zaxby’s Funding LLC, Series 2024-1A,
Class A2I, 6.59%, 04/30/2054(b)
|
|
$147,375
|
$149,817
|
|
Zayo Issuer LLC, Series 2025-2A,
Class A2, 5.95%, 06/20/2055(b)
|
|
258,000
|
261,604
|
|
Total Asset-Backed Securities (Cost $6,878,269)
|
6,798,792
|
||
|
|
Shares |
|
|
|
Preferred Stocks–3.38%
|
|||
|
Aerospace & Defense–0.08%
|
|||
|
Boeing Co. (The), 6.00%, Conv. Pfd.
|
2,000
|
144,240
|
|
|
Diversified Banks–1.34%
|
|||
|
Citigroup, Inc., 6.25%, Series II, Pfd.
|
6,125
|
153,064
|
|
|
Wells Fargo & Co., 7.50%, Class A, Series L,
Conv. Pfd.
|
1,992
|
2,337,253
|
|
|
|
|
|
2,490,317
|
|
Diversified Financial Services–0.25%
|
|||
|
Apollo Global Management, Inc., 7.63%,
Pfd.(d)
|
17,750
|
462,742
|
|
|
Electric Utilities–0.03%
|
|||
|
Southern Co. (The), 7.13%, Series A, Conv.
Pfd.
|
1,000
|
50,300
|
|
|
Investment Banking & Brokerage–1.40%
|
|||
|
Morgan Stanley, 7.13%, Series E, Pfd.
|
62,725
|
1,594,469
|
|
|
Morgan Stanley, 6.88%, Series F, Pfd.
|
40,000
|
1,012,000
|
|
|
|
|
|
2,606,469
|
|
Regional Banks–0.18%
|
|||
|
M&T Bank Corp., 7.50%, Series J, Pfd.
|
12,854
|
337,418
|
|
|
Systems Software–0.10%
|
|||
|
Oracle Corp., 6.50%, Class D, Conv. Pfd.
|
3,065
|
196,467
|
|
|
Total Preferred Stocks (Cost $6,338,464)
|
6,287,953
|
||
|
|
Principal
Amount
|
|
|
|
Variable Rate Senior Loan Interests–2.85%(l)(m)
|
|||
|
Aerospace & Defense–0.05%
|
|||
|
TransDigm, Inc., Term Loan M, 6.12%
(1 mo. Term SOFR + 2.50%),
08/19/2032
|
|
$88,224
|
88,540
|
|
Automotive Parts & Equipment–0.01%
|
|||
|
Clarios (Global L.P. & US Fin Com, Inc. /
Panther / POWSOL), Term Loan B,
6.10% (1 mo. SOFR + 2.50%),
01/28/2032
|
|
24,875
|
24,940
|
|
Broadcasting–0.11%
|
|||
|
Nexstar Broadcasting, Inc., Term Loan
B, 6.37% (3 mo. Term SOFR +
2.75%), 03/18/2033
|
|
207,429
|
207,785
|
|
Health Care Facilities–0.03%
|
|||
|
Select Medical Corp., Term Loan B,
5.62% (1 mo. Term SOFR +
2.00%), 11/30/2031
|
|
52,258
|
52,150
|
|
Interactive Home Entertainment–0.20%
|
|||
|
Oak-Eagle AcquireCo, Inc. (Electronic
Arts, Inc; EA), Term Loan B, —%,
03/23/2033(n)
|
|
371,333
|
372,972
|
|
|
Principal
Amount
|
Value
|
|
|
Real Estate Development–0.20%
|
|||
|
VCI Asset Holdings 2 LLC, Term Loan,
7.38%, 02/06/2031
|
|
$355,953
|
$367,967
|
|
Restaurants–0.88%
|
|||
|
Raising Cane’s Restaurants LLC,
|
|
|
|
|
Term Loan B, 5.62% (1 mo. Term
SOFR + 2.00%), 09/10/2031
|
|
348,690
|
348,362
|
|
Term Loan, 5.62% (1 mo. Term
SOFR + 2.00%), 11/03/2032
|
|
937,650
|
935,991
|
|
Term Loan, —%, 05/30/2033(n)
|
|
357,000
|
355,661
|
|
|
|
|
1,640,014
|
|
Systems Software–1.37%
|
|||
|
CoreWeave Compute Acquisition Co. VIII LLC,
|
|
|
|
|
Delayed Draw Term Loan,
5.81% (1 mo. Term SOFR +
2.15%), 03/31/2032(h)
|
|
580,682
|
583,585
|
|
0.00%, 03/31/2032(h)(o)
|
|
1,957,318
|
1,967,105
|
|
|
|
|
2,550,690
|
|
Total Variable Rate Senior Loan Interests
(Cost $5,266,785)
|
5,305,058
|
||
|
U.S. Treasury Securities–1.54%
|
|||
|
U.S. Treasury Bills–0.24%
|
|||
|
3.63% - 3.68%, 09/17/2026(p)(q)
|
|
458,000
|
453,037
|
|
U.S. Treasury Bonds–0.05%
|
|||
|
5.00%, 05/15/2046
|
|
29,100
|
29,184
|
|
4.75%, 02/15/2056
|
|
67,700
|
65,267
|
|
|
|
|
94,451
|
|
U.S. Treasury Notes–1.25%
|
|||
|
3.75%, 04/30/2028
|
|
378,100
|
376,357
|
|
3.88%, 05/15/2029
|
|
593,200
|
590,396
|
|
3.88%, 04/30/2031
|
|
101,500
|
100,335
|
|
4.13%, 04/30/2033
|
|
254,800
|
252,451
|
|
4.38%, 05/15/2036
|
|
1,003,900
|
998,802
|
|
|
|
|
2,318,341
|
|
Total U.S. Treasury Securities (Cost $2,857,737)
|
2,865,829
|
||
|
Non-U.S. Dollar Denominated Bonds & Notes–0.19%(r)
|
|||
|
Health Care Supplies–0.07%
|
|||
|
Bausch + Lomb Netherlands B.V. and
Bausch & Lomb, Inc., 6.08% (3 mo.
EURIBOR + 3.88%),
01/15/2031(b)(e)
|
EUR
|
100,000
|
118,265
|
|
Marine Transportation–0.06%
|
|||
|
CMA CGM S.A. (France), 4.88%,
01/15/2032(b)
|
EUR
|
100,000
|
114,784
|
|
Pharmaceuticals–0.06%
|
|||
|
LSF12 Pillar Investments (US), Inc.,
5.75%, 05/15/2033(b)
|
EUR
|
100,000
|
117,287
|
|
Total Non-U.S. Dollar Denominated Bonds & Notes
(Cost $347,664)
|
350,336
|
||
|
|
Shares |
|
|
|
Exchange-Traded Funds–0.12%
|
|||
|
Invesco Short Duration High Yield ETF
(Cost $229,086)(s)
|
9,000
|
229,634
|
|
|
Common Stocks & Other Equity Interests–0.02%
|
|||
|
Internet Services & Infrastructure–0.02%
|
|||
|
VCI Compute II LLC (Cost $38,675)(h)
|
38,675
|
40,802
|
|
|
|
Shares
|
Value
|
|
|
Money Market Funds–1.46%
|
|||
|
Invesco Government & Agency Portfolio,
Institutional Class, 3.53%(s)(t)
|
950,085
|
$950,085
|
|
|
Invesco Treasury Portfolio, Institutional
Class, 3.52%(s)(t)
|
1,764,443
|
1,764,443
|
|
|
Total Money Market Funds (Cost $2,714,528)
|
2,714,528
|
||
|
|
|
Value
|
|
|
Options Purchased–0.08%
|
|||
|
(Cost $150,544)(u)
|
$151,200
|
||
|
TOTAL INVESTMENTS IN SECURITIES–100.72%
(Cost $187,623,817)
|
187,522,995
|
||
|
OTHER ASSETS LESS LIABILITIES—(0.72)%
|
(1,348,567
)
|
||
|
NET ASSETS–100.00%
|
$186,174,428
|
||
|
Conv.
|
– Convertible
|
|
ETF
|
– Exchange-Traded Fund
|
|
EUR
|
– Euro
|
|
EURIBOR
|
– Euro Interbank Offered Rate
|
|
Pfd.
|
– Preferred
|
|
PIK
|
– Pay-in-Kind
|
|
REIT
|
– Real Estate Investment Trust
|
|
SOFR
|
– Secured Overnight Financing Rate
|
|
(a)
|
Industry and/or sector classifications used in this report are generally according
to the Global Industry Classification Standard, which was developed by and is the
exclusive property and a service mark of MSCI Inc. and Standard & Poor’s.
|
||
|
(b)
|
Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the “1933 Act”). The security may be
resold pursuant to an exemption from registration under the 1933 Act, typically to
qualified institutional buyers. The aggregate value of these securities at
May 31, 2026 was $73,657,103, which represented 39.56% of the Fund’s Net Assets.
|
||
|
(c)
|
Defaulted security. Currently, the issuer is in default with respect to principal
and/or interest payments. The aggregate value of these securities at May 31, 2026
was $149,714, which represented less than 1% of the Fund’s Net Assets.
|
||
|
(d)
|
Security issued at a fixed rate for a specific period of time, after which it will
convert to a variable rate.
|
||
|
(e)
|
Interest or dividend rate is redetermined periodically. Rate shown is the rate in
effect on May 31, 2026.
|
||
|
(f)
|
All or a portion of this security is Pay-in-Kind. Pay-in-Kind securities pay interest
income in the form of securities.
|
||
|
(g)
|
Perpetual bond with no specified maturity date.
|
||
|
(h)
|
Security valued using significant unobservable inputs (Level 3). See Note 1.
|
||
|
(i)
|
Restricted security. The aggregate value of these securities at May 31, 2026 was $743,147, which represented less than 1% of the Fund’s Net Assets.
|
||
|
(j)
|
Zero coupon bond issued at a discount.
|
||
|
(k)
|
Interest rate is redetermined periodically based on the cash flows generated by the
pool of assets backing the security, less any applicable fees. The rate shown is
the rate in effect on May 31, 2026.
|
||
|
(l)
|
Variable rate senior loan interests often require prepayments from excess cash flow
or permit the borrower to repay at its election. The degree to which borrowers
repay, whether as a contractual requirement or at their election, cannot be predicted
with any accuracy. As a result, the actual remaining maturity may be
substantially less than the stated maturities shown. However, it is anticipated that
the variable rate senior loan interests will have an expected average life of three
to five years.
|
||
|
(m)
|
Variable rate senior loan interests are, at present, not readily marketable, not registered under the Securities Act of 1933, as amended (the “1933 Act”) and may
be subject to contractual and legal restrictions on sale. Variable rate senior loan interests in the Fund’s portfolio generally have variable rates which adjust to a
base, such as the Secured Overnight Financing Rate ("SOFR"), on set dates, typically
every 30 days, but not greater than one year, and/or have interest rates that
float at margin above a widely recognized base lending rate such as the Prime Rate
of a designated U.S. bank.
|
||
|
(n)
|
This variable rate interest will settle after May 31, 2026, at which time the interest
rate will be determined.
|
||
|
(o)
|
All or a portion of this holding is subject to unfunded loan commitments. Interest
rate will be determined at the time of funding.
|
||
|
(p)
|
Security traded on a discount basis. The interest rate shown represents the discount
rate at the time of purchase by the Fund.
|
||
|
(q)
|
All or a portion of the value was pledged as collateral to cover margin requirements
for open futures contracts.
|
||
|
(r)
|
Foreign denominated security. Principal amount is denominated in the currency indicated.
|
||
|
(s)
|
Affiliated holding. Affiliated holdings are investments in entities which are under
common ownership or control of Invesco Ltd. or are investments in entities in
which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in
affiliates for the three months ended May 31, 2026.
|
||
|
|
Value
February 28, 2026
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
|
Realized
Gain
|
Value
May 31, 2026
|
Dividend Income
|
|
Invesco Short Duration High Yield ETF
|
$-
|
$229,086
|
$-
|
$548
|
$-
|
$229,634
|
$1,390
|
|
Investments in Affiliated Money Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government & Agency Portfolio, Institutional Class
|
399,483
|
4,312,255
|
(3,761,653)
|
-
|
-
|
950,085
|
1,842
|
|
Invesco Treasury Portfolio, Institutional Class
|
741,897
|
8,008,474
|
(6,985,928)
|
-
|
-
|
1,764,443
|
3,405
|
|
Total
|
$1,141,380
|
$12,549,815
|
$(10,747,581)
|
$548
|
$-
|
$2,944,162
|
$6,637
|
|
(t)
|
The rate shown is the 7-day SEC standardized yield as of May 31, 2026.
|
|
(u)
|
The table below details options purchased.
|
|
Open Exchange-Traded Index Options Purchased
|
||||||||
|
Description
|
Type of
Contract
|
Expiration
Date
|
Number of
Contracts
|
Exercise
Price
|
Notional
Value(a)
|
Value
|
||
|
Equity Risk
|
|
|
|
|
|
|||
|
S&P 500 Mini Index
|
Call
|
10/16/2026
|
50
|
USD
|
765.00
|
USD
|
3,825,000
|
$151,200
|
|
(a) Notional Value is calculated by multiplying the Number of Contracts by the Exercise
Price by the multiplier.
|
|
Open Futures Contracts
|
|||||
|
Long Futures Contracts
|
Number of
Contracts
|
Expiration
Month
|
Notional
Value
|
Value
|
Unrealized
Appreciation
(Depreciation)
|
|
Interest Rate Risk
|
|||||
|
U.S. Treasury 2 Year Notes
|
140
|
September-2026
|
$28,918,750
|
$24,358
|
$24,358
|
|
U.S. Treasury 5 Year Notes
|
41
|
September-2026
|
4,395,649
|
8,554
|
8,554
|
|
U.S. Treasury Long Bonds
|
48
|
September-2026
|
5,386,500
|
84,668
|
84,668
|
|
Subtotal—Long Futures Contracts
|
117,580
|
117,580
|
|||
|
Short Futures Contracts
|
|
|
|
|
|
|
Interest Rate Risk
|
|||||
|
U.S. Treasury 10 Year Notes
|
40
|
September-2026
|
(4,393,125
)
|
(27,813
)
|
(27,813
)
|
|
U.S. Treasury 10 Year Ultra Notes
|
13
|
September-2026
|
(1,457,016
)
|
(14,037
)
|
(14,037
)
|
|
Subtotal—Short Futures Contracts
|
(41,850
)
|
(41,850
)
|
|||
|
Total Futures Contracts
|
$75,730
|
$75,730
|
|||
|
Open Forward Foreign Currency Contracts
|
||||||
|
Settlement
Date
|
Counterparty
|
Contract to
|
Unrealized
Appreciation
|
|||
|
Deliver
|
Receive
|
|||||
|
Currency Risk
|
|
|
|
|
|
|
|
07/28/2026
|
Goldman Sachs International
|
EUR
|
321,000
|
USD
|
378,627
|
$3,324
|
|
07/28/2026
|
Royal Bank of Scotland PLC
|
EUR
|
5,000
|
USD
|
5,871
|
25
|
|
Total Forward Foreign Currency Contracts
|
$3,349
|
|||||
|
Abbreviations:
|
|
|
EUR
|
—Euro
|
|
USD
|
—U.S. Dollar
|
|
|
Level 1
|
Level 2
|
Level 3
|
Total
|
|
Investments in Securities
|
|
|
|
|
|
U.S. Dollar Denominated Bonds & Notes
|
$—
|
$161,693,715
|
$1,085,148
|
$162,778,863
|
|
Asset-Backed Securities
|
—
|
6,798,792
|
—
|
6,798,792
|
|
Preferred Stocks
|
6,287,953
|
—
|
—
|
6,287,953
|
|
Variable Rate Senior Loan Interests
|
—
|
2,754,368
|
2,550,690
|
5,305,058
|
|
U.S. Treasury Securities
|
—
|
2,865,829
|
—
|
2,865,829
|
|
Non-U.S. Dollar Denominated Bonds & Notes
|
—
|
350,336
|
—
|
350,336
|
|
Exchange-Traded Funds
|
229,634
|
—
|
—
|
229,634
|
|
Common Stocks & Other Equity Interests
|
—
|
—
|
40,802
|
40,802
|
|
Money Market Funds
|
2,714,528
|
—
|
—
|
2,714,528
|
|
Options Purchased
|
151,200
|
—
|
—
|
151,200
|
|
Total Investments in Securities
|
9,383,315
|
174,463,040
|
3,676,640
|
187,522,995
|
|
Other Investments - Assets*
|
|
|
|
|
|
Futures Contracts
|
117,580
|
—
|
—
|
117,580
|
|
Forward Foreign Currency Contracts
|
—
|
3,349
|
—
|
3,349
|
|
|
117,580
|
3,349
|
—
|
120,929
|
|
Other Investments - Liabilities*
|
|
|
|
|
|
Futures Contracts
|
(41,850
)
|
—
|
—
|
(41,850
)
|
|
Total Other Investments
|
75,730
|
3,349
|
—
|
79,079
|
|
Total Investments
|
$9,459,045
|
$174,466,389
|
$3,676,640
|
$187,602,074
|
|
*
|
Unrealized appreciation (depreciation).
|
|
|
Value
02/28/26
|
Purchases
at Cost
|
Proceeds
from Sales
|
Accrued
Discounts/
Premiums
|
Realized
Gain
|
Change in
Unrealized
Appreciation
(Depreciation)
|
Transfers
into
Level 3
|
Transfers
out of
Level 3
|
Value
05/31/26
|
|
Variable Rate Senior Loan Interests
|
$367,555
|
$2,538,000
|
$—
|
$—
|
$—
|
$12,690
|
$—
|
$(367,555
)
|
$2,550,690
|
|
U.S. Dollar Denominated Bonds & Notes
|
1,102,811
|
—
|
—
|
—
|
—
|
(17,663
)
|
—
|
—
|
1,085,148
|
|
Common Stocks & Other Equity Interests
|
—
|
—
|
—
|
—
|
—
|
2,127
|
38,675
|
—
|
40,802
|
|
Total
|
$1,470,366
|
$2,538,000
|
$—
|
$—
|
$—
|
$(2,846
)
|
$38,675
|
$(367,555
)
|
$3,676,640
|
|
|
Fair Value
at 05/31/26
|
Valuation
Technique
|
Unobservable
Inputs
|
Range of
Unobservable
Inputs
|
Weighted Average of
Unobservable Inputs
Based on Fair Value
|
|
|
Variable Rate Senior Loan Interests
|
$ 2,550,690
|
Third-Party Pricing
|
Broker Quote
|
100.50% of Par
|
-
|
|
|
U.S. Dollar Denominated Bonds & Notes
|
1,085,148
|
Discounted Cash Flow Model
|
Discount Rate
|
5.84%
|
-
|
|
|
Common Stocks & Other Equity Interests
|
40,802
|
Third-Party Pricing
|
Broker Quote
|
1.06% of Par
|
-
|
|
|
Total
|
$ 3,676,640
|
|
|
|
|
|