BNY Mellon Core Bond ETF
SCHEDULE OF INVESTMENTS
July 31, 2026 (Unaudited)

 
Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Asset-Backed Securities — .4%
Asset-Backed Certificates — .1%
CNH Equipment Trust, Ser. 2023-A, Cl. A4
4.77
10/15/2030
100,000
100,307
CNH Equipment Trust, Ser. 2025-B, Cl. A3
4.30
10/15/2030
150,000
149,362
Verizon Master Trust, Ser. 2024-3, Cl. A1A
5.34
4/22/2030
325,000
327,455
Verizon Master Trust, Ser. 2024-6, Cl. A1A
4.17
8/20/2030
250,000
249,563
 
826,687
Asset-Backed Certificates/Auto Receivables — .2%
Ally Auto Receivables Trust, Ser. 2025-1, Cl. A3
3.96
3/15/2030
100,000
99,630
AmeriCredit Automobile Receivables Trust, Ser. 2023-2, Cl. C
6.00
7/18/2029
260,000
263,506
Capital One Prime Auto Receivables Trust, Ser. 2025-1, Cl. A4
3.92
2/18/2031
400,000
391,868
CarMax Auto Owner Trust, Ser. 2024-1, Cl. A4
4.94
8/15/2029
150,000
150,855
Carmax Select Receivables Trust, Ser. 2025-B, Cl. B
4.35
7/15/2030
200,000
197,932
Ford Credit Auto Owner Trust, Ser. 2024-C, Cl. A4
4.11
7/15/2030
200,000
198,536
GM Financial Automobile Leasing Trust, Ser. 2025-3, Cl. A4
4.20
8/20/2029
500,000
498,461
Honda Auto Receivables Owner Trust, Ser. 2023-4, Cl. A4
5.66
2/21/2030
115,000
116,016
Honda Auto Receivables Owner Trust, Ser. 2025-2, Cl. A3
4.15
10/15/2029
100,000
99,801
Honda Auto Receivables Owner Trust, Ser. 2025-4, Cl. A3
3.98
6/17/2030
400,000
396,683
Honda Auto Receivables Owner Trust, Ser. 2026-1, Cl. A4
3.86
5/21/2032
400,000
392,994
Mercedes-Benz Auto Lease Trust, Ser. 2025-A, Cl. A4
4.69
2/18/2031
150,000
150,275
Mercedes-Benz Auto Receivables Trust, Ser. 2026-1, Cl. A4
4.47
10/15/2032
270,000
268,767
Nissan Auto Lease Trust, Ser. 2026-A, Cl. A3
3.87
3/15/2029
230,000
227,984
Santander Drive Auto Receivables Trust, Ser. 2026-1, Cl. A3
3.93
7/15/2030
200,000
198,473
Toyota Auto Receivables Owner Trust, Ser. 2024-A, Cl. A4
4.77
4/16/2029
200,000
200,890
Toyota Auto Receivables Owner Trust, Ser. 2025-B, Cl. A3
4.34
11/15/2029
300,000
299,831
World Omni Auto Receivables Trust, Ser. 2026-B, Cl. A3
4.37
6/16/2031
400,000
398,221
World Omni Auto Receivables Trust, Ser. 2026-B, Cl. A4
4.45
8/16/2032
115,000
114,268
 
4,664,991
Asset-Backed Certificates/Credit Cards — .1%
American Express Credit Account Master Trust, Ser. 2023-4, Cl. A
5.15
9/16/2030
500,000
506,468
American Express Credit Account Master Trust, Ser. 2025-3, Cl. A
4.51
4/15/2032
300,000
298,794
American Express Credit Account Master Trust, Ser. 2025-5, Cl. A
4.51
7/15/2032
100,000
99,577
BA Credit Card Trust, Ser. 2025-A1, Cl. A
4.31
5/15/2030
325,000
324,176
Capital One Multi-Asset Execution Trust, Ser. 2025-A1, Cl. A
3.82
9/15/2030
200,000
197,394
Capital One Multi-Asset Execution Trust, Ser. 2025-A3, Cl. A
4.65
10/15/2037
100,000
96,246
Chase Issuance Trust, Ser. 2024-A2I, Cl. A
4.72
1/15/2031
650,000
651,861
Citibank Credit Card Issuance Trust, Ser. 2007-A3, Cl. A3
6.15
6/15/2039
100,000
106,857
Synchrony Card Issuance Trust, Ser. 2025-A3, Cl. A
4.06
11/15/2031
110,000
108,672
WF Card Issuance Trust, Ser. 2025-A1, Cl. A
4.34
5/15/2030
150,000
149,802
 
2,539,847
Total Asset-Backed Securities
(cost $8,105,783)
 
 
    8,031,525
Commercial Mortgage-Backed — .7%
Commercial Mortgage Pass-Through Certificates — .7%
Bank Trust, Ser. 2018-BN10, Cl. A5
3.69
2/15/2061
93,000
91,543
Bank Trust, Ser. 2018-BN11, Cl. A2
3.78
3/15/2061
88,511
86,930
Bank Trust, Ser. 2018-BN12, Cl. A3
3.99
5/15/2061
80,000
78,692
Bank Trust, Ser. 2019-BN16, Cl. A4
4.01
2/15/2052
85,000
82,912
Bank Trust, Ser. 2019-BN18, Cl. A4
3.58
5/15/2062
1,593,000
1,518,534
3

SCHEDULE OF INVESTMENTS (Unaudited) (continued)

Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Commercial Mortgage-Backed — .7% (continued)
Commercial Mortgage Pass-Through Certificates — .7% (continued)
Bank Trust, Ser. 2019-BN21, Cl. A5
2.85
10/17/2052
50,000
46,775
Bank Trust, Ser. 2020-BN25, Cl. A5
2.65
1/15/2063
120,000
110,524
Bank Trust, Ser. 2020-BN30, Cl. A4
1.93
12/15/2053
60,000
52,502
Bank Trust, Ser. 2021-BN31, Cl. A4
2.04
2/15/2054
150,000
131,511
Bank Trust, Ser. 2021-BN37, Cl. A4
2.37
11/15/2064
100,000
87,191
Bank Trust, Ser. 2023-BNK46, Cl. A4
5.75
8/15/2056
200,000
204,680
Bank Trust, Ser. 2024-BNK48, Cl. AS
5.36
10/15/2057
50,000
48,838
BANK5 Trust, Ser. 2023-5YR1, Cl. A3
6.26
4/15/2056
110,000
111,734
BANK5 Trust, Ser. 2024-5YR8, Cl. A3
5.88
8/15/2057
200,000
203,889
BANK5 Trust, Ser. 2025-5YR18, Cl. A3
5.15
12/15/2058
500,000
500,172
Barclays Commercial Mortgage Trust, Ser. 2019-C4, Cl. A5
2.92
8/15/2052
25,000
23,531
BBCMS Mortgage Trust, Ser. 2018-C2, Cl. A4
4.05
12/15/2051
85,000
83,716
BBCMS Mortgage Trust, Ser. 2020-C6, Cl. A4
2.64
2/15/2053
60,000
55,248
BBCMS Mortgage Trust, Ser. 2021-C12, Cl. A5
2.69
11/15/2054
400,000
352,183
BBCMS Mortgage Trust, Ser. 2021-C9, Cl. A5
2.30
2/15/2054
150,000
132,744
BBCMS Mortgage Trust, Ser. 2022-C18, Cl. A5
5.71
12/15/2055
100,000
101,440
BBCMS Mortgage Trust, Ser. 2023-C20, Cl. A3
5.99
7/15/2056
1,000,000
1,007,255
BBCMS Mortgage Trust, Ser. 2024-5C25, Cl. AS
6.36
3/15/2057
50,000
50,998
BBCMS Mortgage Trust, Ser. 2025-C35, Cl. A5
5.59
7/15/2058
150,000
152,114
BBCMS Mortgage Trust, Ser. 2026-5C40, Cl. A3
5.25
2/15/2059
425,000
426,406
Benchmark Mortgage Trust, Ser. 2019-B14, Cl. B
3.49
12/15/2062
200,000
164,109
Benchmark Mortgage Trust, Ser. 2020-B16, Cl. AM
2.94
2/15/2053
180,000
164,142
Benchmark Mortgage Trust, Ser. 2020-B21, Cl. A5
1.98
12/17/2053
450,000
394,985
Benchmark Mortgage Trust, Ser. 2020-IG1, Cl. AS
2.91
9/15/2043
50,000
41,410
Benchmark Mortgage Trust, Ser. 2021-B27, Cl. A5
2.39
7/15/2054
120,000
105,218
Benchmark Mortgage Trust, Ser. 2021-B30, Cl. A5
2.58
11/15/2054
125,000
110,044
Benchmark Mortgage Trust, Ser. 2021-B31, Cl. A5
2.67
12/15/2054
200,000
175,880
Benchmark Mortgage Trust, Ser. 2022-B32, Cl. A5
3.00
1/15/2055
150,000
132,069
Benchmark Mortgage Trust, Ser. 2022-B35, Cl. A5
4.44
5/15/2055
240,000
228,346
Benchmark Mortgage Trust, Ser. 2023-V2, Cl. A2
5.36
5/15/2055
259,296
260,265
Benchmark Mortgage Trust, Ser. 2024-V7, Cl. A3
6.23
5/15/2056
330,000
338,852
Benchmark Mortgage Trust, Ser. 2024-V8, Cl. A3
6.19
7/15/2057
350,000
359,673
Benchmark Mortgage Trust, Ser. 2025-V14, Cl. A3
5.18
4/15/2057
775,000
774,714
Benchmark Mortgage Trust, Ser. 2026-V21, Cl. A3
5.13
3/15/2059
400,000
399,170
BMO Mortgage Trust, Ser. 2023-C4, Cl. A5
5.12
2/15/2056
50,000
49,479
BMO Mortgage Trust, Ser. 2024-5C4, Cl. A3
6.53
5/15/2057
200,000
206,536
BMO Mortgage Trust, Ser. 2024-5C5, Cl. AS
6.36
2/15/2057
290,000
296,763
BMO Mortgage Trust, Ser. 2024-C8, Cl. A5
5.60
3/15/2057
300,000
304,252
BMO Mortgage Trust, Ser. 2025-5C9, Cl. A3
5.78
4/15/2058
200,000
203,834
BMO Mortgage Trust, Ser. 2025-C12, Cl. A5
5.87
6/15/2058
200,000
205,978
Citigroup Commercial Mortgage Trust, Ser. 2017-C4, Cl. A4
3.47
10/12/2050
125,000
123,607
COMM Mortgage Trust, Ser. 2019-GC44, Cl. A5
2.95
8/15/2057
200,000
186,443
GS Mortgage Securities Trust, Ser. 2017-GS8, Cl. A3
3.21
11/10/2050
80,000
78,999
GS Mortgage Securities Trust, Ser. 2017-GS8, Cl. A4
3.47
11/10/2050
25,000
24,596
GS Mortgage Securities Trust, Ser. 2020-GC45, Cl. AAB
2.84
2/13/2053
123,043
119,217
GS Mortgage Securities Trust, Ser. 2020-GSA2, Cl. A5
2.01
12/12/2053
100,000
88,216
JPMCC Commercial Mortgage Securities Trust, Ser. 2019-COR5, Cl. A4
3.39
6/13/2052
400,000
381,519
Morgan Stanley Capital I Trust, Ser. 2020-HR8, Cl. AS
2.30
7/15/2053
671,000
584,331
Morgan Stanley Capital I Trust, Ser. 2020-L4, Cl. A3
2.70
2/15/2053
100,000
92,110
UBS Commercial Mortgage Trust, Ser. 2017-C7, Cl. A3
3.42
12/15/2050
46,865
46,296
4


Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Commercial Mortgage-Backed — .7% (continued)
Commercial Mortgage Pass-Through Certificates — .7% (continued)
UBS Commercial Mortgage Trust, Ser. 2018-C12, Cl. A4
4.03
8/15/2051
400,000
394,780
UBS Commercial Mortgage Trust, Ser. 2018-C8, Cl. A3
3.72
2/15/2051
24,006
23,681
UBS Commercial Mortgage Trust, Ser. 2019-C16, Cl. A4
3.60
4/15/2052
75,000
72,296
Wells Fargo Commercial Mortgage Trust, Ser. 2017-C41, Cl. A3
3.21
11/15/2050
250,000
245,746
Wells Fargo Commercial Mortgage Trust, Ser. 2017-C41, Cl. A4
3.47
11/15/2050
210,000
206,254
Wells Fargo Commercial Mortgage Trust, Ser. 2019-C50, Cl. A5
3.73
5/15/2052
150,000
144,698
Wells Fargo Commercial Mortgage Trust, Ser. 2019-C54, Cl. A4
3.15
12/15/2052
600,000
564,006
Wells Fargo Commercial Mortgage Trust, Ser. 2020-C55, Cl. A5
2.73
2/15/2053
100,000
92,595
Wells Fargo Commercial Mortgage Trust, Ser. 2021-C61, Cl. A4
2.66
11/15/2054
150,000
132,428
Wells Fargo Commercial Mortgage Trust, Ser. 2024-5C1, Cl. A2
5.45
7/15/2057
225,000
226,632
Wells Fargo Commercial Mortgage Trust, Ser. 2025-5C3, Cl. A3
6.10
1/15/2058
100,000
102,863
Wells Fargo Commercial Mortgage Trust, Ser. 2025-C64, Cl. A5
5.65
2/15/2058
154,000
156,901
Total Commercial Mortgage-Backed
(cost $14,758,083)
 
 
   14,745,995
Corporate Bonds and Notes — 25.0%
Advertising — .0%
Omnicom Group, Inc., Sr. Unscd. Notes(a)
2.60
8/1/2031
160,000
142,163
Omnicom Group, Inc., Sr. Unscd. Notes
3.38
3/1/2041
60,000
42,780
Omnicom Group, Inc., Sr. Unscd. Notes
4.75
3/30/2030
375,000
370,334
Omnicom Group, Inc., Sr. Unscd. Notes(a)
5.40
10/1/2048
40,000
33,895
 
589,172
Aerospace & Defense — .5%
GE Capital International Funding Co. Unlimited Co., Gtd. Notes(a)
4.42
11/15/2035
450,000
421,307
General Dynamics Corp., Gtd. Notes
3.75
5/15/2028
179,000
177,090
General Dynamics Corp., Gtd. Notes
4.25
4/1/2050
141,000
112,488
HEICO Corp., Gtd. Notes
5.35
8/1/2033
210,000
210,244
Hexcel Corp., Sr. Unscd. Notes
5.88
2/26/2035
50,000
50,773
Honeywell Aerospace, Inc., Gtd. Notes(b)
4.30
3/16/2031
500,000
486,134
Honeywell Aerospace, Inc., Gtd. Notes(b)
4.95
3/16/2036
300,000
289,193
Honeywell Aerospace, Inc., Gtd. Notes(b)
5.73
3/16/2056
150,000
142,620
Howmet Aerospace, Inc., Sr. Unscd. Notes
3.00
1/15/2029
39,000
37,460
L3Harris Technologies, Inc., Sr. Unscd. Notes
2.90
12/15/2029
160,000
150,440
L3Harris Technologies, Inc., Sr. Unscd. Notes
4.40
6/15/2028
100,000
99,498
L3Harris Technologies, Inc., Sr. Unscd. Notes
4.40
6/15/2028
100,000
99,482
L3Harris Technologies, Inc., Sr. Unscd. Notes
4.85
4/27/2035
100,000
96,067
L3Harris Technologies, Inc., Sr. Unscd. Notes
5.60
7/31/2053
200,000
185,990
Lockheed Martin Corp., Sr. Unscd. Notes
3.80
3/1/2045
90,000
68,599
Lockheed Martin Corp., Sr. Unscd. Notes
4.07
12/15/2042
75,000
61,125
Lockheed Martin Corp., Sr. Unscd. Notes
4.09
9/15/2052
100,000
74,932
Lockheed Martin Corp., Sr. Unscd. Notes
4.15
6/15/2053
365,000
275,558
Lockheed Martin Corp., Sr. Unscd. Notes
4.50
5/15/2036
125,000
118,134
Lockheed Martin Corp., Sr. Unscd. Notes
4.75
2/15/2034
524,000
511,813
Lockheed Martin Corp., Sr. Unscd. Notes
5.00
8/15/2035
30,000
29,581
Lockheed Martin Corp., Sr. Unscd. Notes
5.20
2/15/2055
245,000
218,808
Lockheed Martin Corp., Sr. Unscd. Notes
5.25
1/15/2033
51,000
51,975
Lockheed Martin Corp., Sr. Unscd. Notes
5.70
11/15/2054
391,000
374,869
Lockheed Martin Corp., Sr. Unscd. Notes, Ser. B
6.15
9/1/2036
107,000
114,059
Northrop Grumman Corp., Sr. Unscd. Notes
3.25
1/15/2028
235,000
230,775
Northrop Grumman Corp., Sr. Unscd. Notes
4.03
10/15/2047
151,000
114,669
Northrop Grumman Corp., Sr. Unscd. Notes
4.40
5/1/2030
104,000
102,526
5

SCHEDULE OF INVESTMENTS (Unaudited) (continued)

Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Aerospace & Defense — .5% (continued)
Northrop Grumman Corp., Sr. Unscd. Notes
4.75
6/1/2043
35,000
30,678
Northrop Grumman Corp., Sr. Unscd. Notes
4.90
6/1/2034
85,000
83,080
Northrop Grumman Corp., Sr. Unscd. Notes(a)
4.95
3/15/2053
350,000
298,672
Northrop Grumman Corp., Sr. Unscd. Notes
5.05
11/15/2040
50,000
46,976
Northrop Grumman Corp., Sr. Unscd. Notes
5.15
5/1/2040
38,000
36,196
Northrop Grumman Corp., Sr. Unscd. Notes
5.25
5/1/2050
79,000
70,759
RTX Corp., Sr. Unscd. Bonds
4.15
5/15/2045
130,000
103,283
RTX Corp., Sr. Unscd. Notes
1.90
9/1/2031
75,000
64,978
RTX Corp., Sr. Unscd. Notes
2.38
3/15/2032
102,000
89,232
RTX Corp., Sr. Unscd. Notes
2.82
9/1/2051
130,000
76,545
RTX Corp., Sr. Unscd. Notes
4.05
5/4/2047
200,000
153,047
RTX Corp., Sr. Unscd. Notes
4.13
11/16/2028
452,000
447,216
RTX Corp., Sr. Unscd. Notes
4.35
4/15/2047
379,000
303,177
RTX Corp., Sr. Unscd. Notes
4.45
11/16/2038
300,000
270,911
RTX Corp., Sr. Unscd. Notes
4.50
6/1/2042
27,000
23,272
RTX Corp., Sr. Unscd. Notes
4.80
12/15/2043
36,000
31,653
RTX Corp., Sr. Unscd. Notes
5.38
2/27/2053
50,000
45,695
RTX Corp., Sr. Unscd. Notes
5.75
1/15/2029
55,000
56,375
RTX Corp., Sr. Unscd. Notes
6.00
3/15/2031
107,000
111,855
RTX Corp., Sr. Unscd. Notes
6.10
3/15/2034
276,000
290,867
The Boeing Company, Sr. Unscd. Notes
3.25
2/1/2028
727,000
711,966
The Boeing Company, Sr. Unscd. Notes
3.60
5/1/2034
560,000
495,626
The Boeing Company, Sr. Unscd. Notes
3.63
3/1/2048
135,000
92,776
The Boeing Company, Sr. Unscd. Notes
3.75
2/1/2050
100,000
69,635
The Boeing Company, Sr. Unscd. Notes
3.83
3/1/2059
145,000
94,968
The Boeing Company, Sr. Unscd. Notes
3.85
11/1/2048
125,000
88,479
The Boeing Company, Sr. Unscd. Notes
3.95
8/1/2059
145,000
97,151
The Boeing Company, Sr. Unscd. Notes
5.81
5/1/2050
515,000
486,166
The Boeing Company, Sr. Unscd. Notes
5.88
2/15/2040
55,000
54,984
The Boeing Company, Sr. Unscd. Notes
5.93
5/1/2060
200,000
186,392
The Boeing Company, Sr. Unscd. Notes
6.13
2/15/2033
135,000
140,719
The Boeing Company, Sr. Unscd. Notes
6.63
2/15/2038
182,000
194,219
 
10,253,757
Agriculture — .3%
Altria Group, Inc., Gtd. Notes
2.45
2/4/2032
120,000
104,511
Altria Group, Inc., Gtd. Notes
3.40
5/6/2030
450,000
426,319
Altria Group, Inc., Gtd. Notes
4.25
8/9/2042
270,000
213,996
Altria Group, Inc., Gtd. Notes
4.45
5/6/2050
172,000
129,392
Altria Group, Inc., Gtd. Notes
4.50
5/2/2043
44,000
35,691
Altria Group, Inc., Gtd. Notes
5.25
8/6/2035
100,000
97,982
Altria Group, Inc., Gtd. Notes
5.95
2/14/2049
180,000
169,180
BAT Capital Corp., Gtd. Notes
2.26
3/25/2028
25,000
24,058
BAT Capital Corp., Gtd. Notes
2.73
3/25/2031
350,000
317,195
BAT Capital Corp., Gtd. Notes
4.39
8/15/2037
270,000
241,347
BAT Capital Corp., Gtd. Notes
4.54
8/15/2047
225,000
178,082
BAT Capital Corp., Gtd. Notes
6.25
8/15/2055
260,000
254,803
BAT International Finance PLC, Gtd. Notes
5.93
2/2/2029
250,000
256,656
Bunge Ltd. Finance Corp., Gtd. Notes
3.75
9/25/2027
109,000
108,025
Bunge Ltd. Finance Corp., Gtd. Notes
5.15
8/4/2035
100,000
97,691
Philip Morris International, Inc., Sr. Unscd. Notes
2.10
5/1/2030
100,000
90,664
6


Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Agriculture — .3% (continued)
Philip Morris International, Inc., Sr. Unscd. Notes
3.13
3/2/2028
40,000
39,118
Philip Morris International, Inc., Sr. Unscd. Notes
3.38
8/15/2029
140,000
134,625
Philip Morris International, Inc., Sr. Unscd. Notes
3.88
8/21/2042
101,000
79,520
Philip Morris International, Inc., Sr. Unscd. Notes
4.13
3/4/2043
90,000
72,724
Philip Morris International, Inc., Sr. Unscd. Notes
4.38
4/30/2030
50,000
49,136
Philip Morris International, Inc., Sr. Unscd. Notes
4.38
11/15/2041
140,000
119,053
Philip Morris International, Inc., Sr. Unscd. Notes
4.63
11/1/2029
50,000
49,803
Philip Morris International, Inc., Sr. Unscd. Notes
4.88
2/15/2028
465,000
467,040
Philip Morris International, Inc., Sr. Unscd. Notes
4.88
11/15/2043
100,000
87,953
Philip Morris International, Inc., Sr. Unscd. Notes
5.13
11/17/2027
640,000
644,682
Philip Morris International, Inc., Sr. Unscd. Notes
5.38
2/15/2033
750,000
758,513
Philip Morris International, Inc., Sr. Unscd. Notes
5.63
9/7/2033
90,000
92,149
Reynolds American, Inc., Gtd. Notes
5.85
8/15/2045
398,000
377,254
Reynolds American, Inc., Gtd. Notes
6.15
9/15/2043
25,000
24,604
 
5,741,766
Airlines — .0%
American Airlines Pass-Through Trust, Ser. 2017-1, Cl. AA
3.65
2/15/2029
28,375
27,674
American Airlines Pass-Through Trust, Ser. 2019-1, Cl. AA
3.15
2/15/2032
57,326
53,506
American Airlines Pass-Through Trust, Ser. 2025-1, Cl. A
4.90
5/11/2038
50,000
47,634
JetBlue Pass-Through Trust, Ser. 2020-1, Cl. A
4.00
11/15/2032
25,604
24,065
Southwest Airlines Co., Sr. Unscd. Notes
2.63
2/10/2030
75,000
68,908
United Airlines Pass-Through Trust, Ser. 2018-1, Cl. AA
3.50
3/1/2030
62,090
59,631
United Airlines Pass-Through Trust, Ser. 2023-1, Cl. A
5.80
1/15/2036
146,567
149,741
 
431,159
Automobiles & Components — .5%
American Honda Finance Corp., Sr. Unscd. Notes
2.00
3/24/2028
85,000
81,351
American Honda Finance Corp., Sr. Unscd. Notes
2.25
1/12/2029
131,000
123,316
American Honda Finance Corp., Sr. Unscd. Notes
4.25
9/1/2028
50,000
49,520
American Honda Finance Corp., Sr. Unscd. Notes
4.60
4/17/2030
100,000
98,381
American Honda Finance Corp., Sr. Unscd. Notes
4.70
1/12/2028
15,000
15,013
American Honda Finance Corp., Sr. Unscd. Notes
5.13
7/7/2028
90,000
90,623
American Honda Finance Corp., Sr. Unscd. Notes
5.15
7/9/2032
300,000
297,506
American Honda Finance Corp., Sr. Unscd. Notes
5.65
11/15/2028
85,000
86,593
American Honda Finance Corp., Sr. Unscd. Notes
5.85
10/4/2030
436,000
448,098
Aptiv Swiss Holdings Ltd., Gtd. Notes
4.15
5/1/2052
211,000
150,343
BorgWarner, Inc., Sr. Unscd. Notes
4.38
3/15/2045
50,000
40,230
Cummins, Inc., Sr. Unscd. Notes
2.60
9/1/2050
100,000
57,153
Cummins, Inc., Sr. Unscd. Notes
4.88
10/1/2043
65,000
58,873
Cummins, Inc., Sr. Unscd. Notes
4.90
2/20/2029
150,000
151,061
Cummins, Inc., Sr. Unscd. Notes
5.15
2/20/2034
200,000
199,640
Cummins, Inc., Sr. Unscd. Notes
5.30
5/9/2035
300,000
299,648
Ford Motor Co., Sr. Unscd. Notes
3.25
2/12/2032
998,000
872,668
Ford Motor Co., Sr. Unscd. Notes
6.10
8/19/2032
100,000
101,165
Ford Motor Co., Sr. Unscd. Notes
7.45
7/16/2031
127,000
136,418
Ford Motor Credit Co. LLC, Sr. Unscd. Notes
3.82
11/2/2027
200,000
196,952
Ford Motor Credit Co. LLC, Sr. Unscd. Notes
4.13
8/17/2027
285,000
282,949
Ford Motor Credit Co. LLC, Sr. Unscd. Notes
6.05
11/5/2031
275,000
276,538
Ford Motor Credit Co. LLC, Sr. Unscd. Notes
6.53
3/19/2032
250,000
256,282
Ford Motor Credit Co. LLC, Sr. Unscd. Notes(a)
7.12
11/7/2033
700,000
737,133
General Motors Co., Sr. Unscd. Notes
4.20
10/1/2027
115,000
114,405
7

SCHEDULE OF INVESTMENTS (Unaudited) (continued)

Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Automobiles & Components — .5% (continued)
General Motors Co., Sr. Unscd. Notes
5.15
4/1/2038
262,000
244,144
General Motors Co., Sr. Unscd. Notes(a)
5.60
10/15/2032
770,000
782,254
General Motors Co., Sr. Unscd. Notes
5.95
4/1/2049
323,000
299,130
General Motors Co., Sr. Unscd. Notes
6.25
4/15/2035
300,000
308,971
General Motors Co., Sr. Unscd. Notes
6.75
4/1/2046
31,000
31,625
General Motors Financial Co., Inc., Sr. Unscd. Notes
2.35
1/8/2031
445,000
395,485
General Motors Financial Co., Inc., Sr. Unscd. Notes
2.70
6/10/2031
270,000
240,880
General Motors Financial Co., Inc., Sr. Unscd. Notes
3.60
6/21/2030
50,000
47,396
General Motors Financial Co., Inc., Sr. Unscd. Notes
5.80
6/23/2028
371,000
377,425
General Motors Financial Co., Inc., Sr. Unscd. Notes
6.00
1/9/2028
122,000
123,997
Honda Motor Co. Ltd., Sr. Unscd. Notes
2.97
3/10/2032
55,000
48,913
Lear Corp., Sr. Unscd. Notes
3.50
5/30/2030
99,000
93,519
Lear Corp., Sr. Unscd. Notes
3.55
1/15/2052
50,000
32,205
Lear Corp., Sr. Unscd. Notes
5.25
5/15/2049
95,000
82,171
Magna International, Inc., Sr. Unscd. Notes
2.45
6/15/2030
20,000
18,227
Magna International, Inc., Sr. Unscd. Notes
5.50
3/21/2033
65,000
65,633
Magna International, Inc., Sr. Unscd. Notes
5.88
6/1/2035
300,000
307,139
Mercedes-Benz Finance North America LLC, Gtd. Notes
8.50
1/18/2031
155,000
175,904
PACCAR Financial Corp., Sr. Unscd. Notes
4.00
8/8/2028
50,000
49,510
PACCAR Financial Corp., Sr. Unscd. Notes
4.55
3/3/2028
380,000
380,599
Toyota Motor Corp., Sr. Unscd. Notes(a)
5.12
7/13/2028
85,000
86,014
Toyota Motor Corp., Sr. Unscd. Notes(a)
5.12
7/13/2033
275,000
276,372
Toyota Motor Credit Corp., Sr. Unscd. Notes
1.65
1/10/2031
190,000
165,873
Toyota Motor Credit Corp., Sr. Unscd. Notes
1.90
9/12/2031
65,000
56,128
Toyota Motor Credit Corp., Sr. Unscd. Notes
4.45
6/29/2029
140,000
139,140
Toyota Motor Credit Corp., Sr. Unscd. Notes
5.05
5/16/2029
676,000
682,599
Toyota Motor Credit Corp., Sr. Unscd. Notes
5.10
3/21/2031
580,000
584,346
Toyota Motor Credit Corp., Sr. Unscd. Notes
5.55
11/20/2030
50,000
51,323
 
11,368,781
Banks — 5.2%
Banco Santander SA, Sr. Bonds
5.44
7/15/2031
250,000
252,935
Banco Santander SA, Sr. Notes
4.55
11/6/2030
400,000
390,791
Banco Santander SA, Sr. Notes
4.60
4/15/2029
600,000
594,976
Banco Santander SA, Sr. Notes
5.13
11/6/2035
200,000
192,345
Banco Santander SA, Sr. Notes
5.29
8/18/2027
368,000
370,451
Banco Santander SA, Sr. Notes
5.54
3/14/2030
200,000
202,818
Banco Santander SA, Sr. Notes
5.59
8/8/2028
400,000
406,023
Banco Santander SA, Sub. Notes
6.92
8/8/2033
200,000
213,243
Bank of America Corp., Sr. Unscd. Notes
1.90
7/23/2031
400,000
354,944
Bank of America Corp., Sr. Unscd. Notes
1.92
10/24/2031
615,000
541,887
Bank of America Corp., Sr. Unscd. Notes
2.09
6/14/2029
325,000
309,707
Bank of America Corp., Sr. Unscd. Notes
2.30
7/21/2032
200,000
175,085
Bank of America Corp., Sr. Unscd. Notes
2.50
2/13/2031
310,000
284,789
Bank of America Corp., Sr. Unscd. Notes
2.57
10/20/2032
430,000
379,004
Bank of America Corp., Sr. Unscd. Notes
2.69
4/22/2032
476,000
426,998
Bank of America Corp., Sr. Unscd. Notes
2.88
10/22/2030
240,000
225,389
Bank of America Corp., Sr. Unscd. Notes
2.97
2/4/2033
175,000
156,198
Bank of America Corp., Sr. Unscd. Notes
2.97
7/21/2052
212,000
129,753
Bank of America Corp., Sr. Unscd. Notes
3.19
7/23/2030
150,000
142,940
Bank of America Corp., Sr. Unscd. Notes
3.25
10/21/2027
50,000
49,355
8


Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Banks — 5.2% (continued)
Bank of America Corp., Sr. Unscd. Notes
3.31
4/22/2042
830,000
622,147
Bank of America Corp., Sr. Unscd. Notes
3.97
2/7/2030
236,000
230,803
Bank of America Corp., Sr. Unscd. Notes
4.08
3/20/2051
170,000
127,835
Bank of America Corp., Sr. Unscd. Notes
4.27
7/23/2029
454,000
450,148
Bank of America Corp., Sr. Unscd. Notes
4.33
3/15/2050
283,000
223,006
Bank of America Corp., Sr. Unscd. Notes
4.57
4/27/2033
155,000
150,045
Bank of America Corp., Sr. Unscd. Notes
4.62
5/9/2029
402,000
401,149
Bank of America Corp., Sr. Unscd. Notes
5.02
7/22/2033
570,000
563,999
Bank of America Corp., Sr. Unscd. Notes
5.20
4/25/2029
130,000
131,052
Bank of America Corp., Sr. Unscd. Notes
5.29
4/25/2034
375,000
374,100
Bank of America Corp., Sr. Unscd. Notes
5.47
1/23/2035
261,000
261,809
Bank of America Corp., Sr. Unscd. Notes
5.82
9/15/2029
175,000
178,540
Bank of America Corp., Sr. Unscd. Notes
5.87
9/15/2034
595,000
611,873
Bank of America Corp., Sr. Unscd. Notes
6.20
11/10/2028
319,000
325,096
Bank of America Corp., Sr. Unscd. Notes, Ser. N
2.65
3/11/2032
310,000
278,430
Bank of America Corp., Sr. Unscd. Notes, Ser. N
3.48
3/13/2052
84,000
56,523
Bank of America Corp., Sub. Notes
2.48
9/21/2036
1,150,000
992,618
Bank of America Corp., Sub. Notes
5.43
8/15/2035
445,000
437,607
Bank of America Corp., Sub. Notes
5.49
4/23/2037
935,000
908,971
Bank of America Corp., Sub. Notes
5.52
10/25/2035
200,000
197,194
Bank of America Corp., Sub. Notes
5.74
2/12/2036
400,000
399,818
Bank of America Corp., Sub. Notes
6.11
1/29/2037
206,000
212,149
Bank of America Corp., Sub. Notes, Ser. L
4.18
11/25/2027
500,000
497,457
Bank of America Corp., Sub. Notes, Ser. L(a)
4.75
4/21/2045
60,000
51,498
Bank of Montreal, Sr. Unscd. Notes
4.06
9/22/2028
390,000
387,594
Bank of Montreal, Sr. Unscd. Notes
4.64
9/10/2030
200,000
198,561
Bank of Montreal, Sr. Unscd. Notes
5.72
9/25/2028
200,000
204,257
BankUnited, Inc., Sub. Notes
5.13
6/11/2030
135,000
132,666
Barclays PLC, Sr. Unscd. Notes
4.84
9/10/2028
320,000
320,172
Barclays PLC, Sr. Unscd. Notes
4.94
9/10/2030
240,000
238,806
Barclays PLC, Sr. Unscd. Notes
4.95
1/10/2047
200,000
170,118
Barclays PLC, Sr. Unscd. Notes
5.25
8/17/2045
320,000
289,753
Barclays PLC, Sr. Unscd. Notes
5.34
9/10/2035
260,000
253,210
Barclays PLC, Sr. Unscd. Notes
5.50
8/9/2028
225,000
226,600
Barclays PLC, Sr. Unscd. Notes
6.22
5/9/2034
180,000
186,245
Barclays PLC, Sr. Unscd. Notes
7.44
11/2/2033
510,000
561,685
Barclays PLC, Sub. Notes
3.56
9/23/2035
87,000
80,999
Barclays PLC, Sub. Notes
3.81
3/10/2042
440,000
337,359
Barclays PLC, Sub. Notes
4.84
5/9/2028
564,000
563,060
Canadian Imperial Bank of Commerce, Sr. Unscd. Bonds(a)
4.24
9/8/2028
100,000
99,583
Canadian Imperial Bank of Commerce, Sr. Unscd. Notes(a)
4.63
9/11/2030
230,000
227,885
Canadian Imperial Bank of Commerce, Sr. Unscd. Notes
5.00
4/28/2028
121,000
121,772
Canadian Imperial Bank of Commerce, Sr. Unscd. Notes
5.26
4/8/2029
300,000
303,369
Canadian Imperial Bank of Commerce, Sr. Unscd. Notes
5.99
10/3/2028
55,000
56,410
Citibank NA, Sr. Unscd. Notes
4.91
5/29/2030
250,000
250,493
Citigroup, Inc., Sr. Unscd. Notes
2.52
11/3/2032
203,000
177,982
Citigroup, Inc., Sr. Unscd. Notes
2.57
6/3/2031
910,000
830,807
Citigroup, Inc., Sr. Unscd. Notes
2.67
1/29/2031
350,000
323,284
Citigroup, Inc., Sr. Unscd. Notes
2.98
11/5/2030
418,000
392,541
Citigroup, Inc., Sr. Unscd. Notes
3.06
1/25/2033
370,000
331,697
9

SCHEDULE OF INVESTMENTS (Unaudited) (continued)

Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Banks — 5.2% (continued)
Citigroup, Inc., Sr. Unscd. Notes
3.52
10/27/2028
155,000
152,830
Citigroup, Inc., Sr. Unscd. Notes
3.79
3/17/2033
225,000
209,261
Citigroup, Inc., Sr. Unscd. Notes
3.98
3/20/2030
444,000
433,621
Citigroup, Inc., Sr. Unscd. Notes
4.41
3/31/2031
470,000
459,908
Citigroup, Inc., Sr. Unscd. Notes
4.65
7/30/2045
365,000
308,477
Citigroup, Inc., Sr. Unscd. Notes
4.91
5/24/2033
180,000
177,201
Citigroup, Inc., Sr. Unscd. Notes
4.95
5/7/2031
310,000
308,562
Citigroup, Inc., Sr. Unscd. Notes
5.17
2/13/2030
355,000
356,955
Citigroup, Inc., Sr. Unscd. Notes
5.45
6/11/2035
320,000
319,550
Citigroup, Inc., Sr. Unscd. Notes
5.61
3/4/2056
300,000
280,589
Citigroup, Inc., Sr. Unscd. Notes
5.88
1/30/2042
155,000
154,612
Citigroup, Inc., Sr. Unscd. Notes
8.13
7/15/2039
299,000
364,789
Citigroup, Inc., Sub. Notes
4.13
7/25/2028
122,000
120,509
Citigroup, Inc., Sub. Notes
4.45
9/29/2027
435,000
433,893
Citigroup, Inc., Sub. Notes
4.75
5/18/2046
185,000
151,733
Citigroup, Inc., Sub. Notes
5.30
5/6/2044
280,000
253,883
Citigroup, Inc., Sub. Notes
5.59
11/19/2034
400,000
402,862
Citigroup, Inc., Sub. Notes
5.83
2/13/2035
50,000
50,002
Citigroup, Inc., Sub. Notes
5.88
2/22/2033
20,000
20,429
Citigroup, Inc., Sub. Notes
6.00
10/31/2033
320,000
328,764
Citigroup, Inc., Sub. Notes
6.13
8/25/2036
135,000
137,132
Citigroup, Inc., Sub. Notes
6.63
6/15/2032
189,000
202,407
Citizens Financial Group, Inc., Sr. Unscd. Notes
6.65
4/25/2035
250,000
264,248
Citizens Financial Group, Inc., Sub. Notes
5.64
5/21/2037
210,000
208,102
Commonwealth Bank of Australia, Sr. Unscd. Notes
4.42
3/14/2028
510,000
509,485
Cooperatieve Rabobank UA, Sr. Bonds
3.96
10/17/2028
50,000
49,431
Cooperatieve Rabobank UA, Sr. Notes
4.49
10/17/2029
385,000
383,249
Cooperatieve Rabobank UA, Sr. Notes
5.12
6/9/2036
500,000
487,111
Deutsche Bank AG, Sr. Notes
3.55
9/18/2031
254,000
237,566
Deutsche Bank AG, Sr. Notes
5.00
9/11/2030
150,000
149,514
Deutsche Bank AG, Sr. Notes
5.30
5/9/2031
260,000
260,178
Deutsche Bank AG, Sr. Notes
5.40
9/11/2035
175,000
171,724
Deutsche Bank AG, Sub. Notes
3.74
1/7/2033
200,000
181,889
Fifth Third Bancorp, Sr. Unscd. Notes
4.34
4/25/2033
60,000
57,059
Fifth Third Bancorp, Sr. Unscd. Notes
4.77
7/28/2030
55,000
54,684
Fifth Third Bancorp, Sr. Unscd. Notes
4.90
9/6/2030
200,000
199,380
Fifth Third Bancorp, Sr. Unscd. Notes
6.36
10/27/2028
300,000
305,628
Fifth Third Bank NA, Sub. Notes
5.33
8/25/2033
250,000
246,734
First Citizens BancShares, Inc., Sr. Unscd. Notes
5.23
3/12/2031
50,000
49,420
First Citizens BancShares, Inc., Sub. Notes
5.60
9/5/2035
150,000
146,455
First Citizens BancShares, Inc., Sub. Notes
6.25
3/12/2040
98,000
95,130
HSBC Holdings PLC, Sr. Unscd. Bonds
5.28
3/10/2037
400,000
386,963
HSBC Holdings PLC, Sr. Unscd. Notes
2.85
6/4/2031
700,000
644,068
HSBC Holdings PLC, Sr. Unscd. Notes
3.97
5/22/2030
200,000
194,358
HSBC Holdings PLC, Sr. Unscd. Notes
5.13
11/6/2036
200,000
192,283
HSBC Holdings PLC, Sr. Unscd. Notes
5.21
5/12/2034
400,000
393,007
HSBC Holdings PLC, Sr. Unscd. Notes
5.24
5/13/2031
300,000
300,668
HSBC Holdings PLC, Sr. Unscd. Notes
5.40
8/11/2033
200,000
200,314
HSBC Holdings PLC, Sr. Unscd. Notes
5.73
5/17/2032
500,000
509,756
HSBC Holdings PLC, Sr. Unscd. Notes
5.79
5/13/2036
200,000
201,602
10


Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Banks — 5.2% (continued)
HSBC Holdings PLC, Sr. Unscd. Notes(a)
6.10
1/14/2042
463,000
475,146
HSBC Holdings PLC, Sr. Unscd. Notes
6.16
3/9/2029
680,000
694,009
HSBC Holdings PLC, Sr. Unscd. Notes
6.25
3/9/2034
250,000
260,708
HSBC Holdings PLC, Sub. Notes
6.50
9/15/2037
271,000
286,321
HSBC Holdings PLC, Sub. Notes
6.50
9/15/2037
315,000
327,283
HSBC Holdings PLC, Sub. Notes
8.11
11/3/2033
440,000
496,540
Huntington Bancshares, Inc., Sr. Unscd. Notes
5.02
5/17/2033
45,000
44,227
Huntington Bancshares, Inc., Sr. Unscd. Notes
5.27
1/15/2031
200,000
200,925
Huntington Bancshares, Inc., Sr. Unscd. Notes
6.21
8/21/2029
140,000
143,640
Huntington Bancshares, Inc., Sub. Notes
2.49
8/15/2036
152,000
129,847
Industrial & Commercial Bank of China Ltd., Sr. Unscd. Notes
3.54
11/8/2027
66,000
65,173
ING Groep NV, Sr. Unscd. Notes
4.05
4/9/2029
500,000
490,469
ING Groep NV, Sr. Unscd. Notes
4.55
10/2/2028
210,000
209,347
ING Groep NV, Sr. Unscd. Notes
6.11
9/11/2034
370,000
384,582
JPMorgan Chase & Co., Sr. Unscd. Bonds
5.15
4/23/2037
855,000
829,997
JPMorgan Chase & Co., Sr. Unscd. Bonds
5.57
4/22/2036
261,000
262,203
JPMorgan Chase & Co., Sr. Unscd. Bonds
6.40
5/15/2038
58,000
62,119
JPMorgan Chase & Co., Sr. Unscd. Notes
1.76
11/19/2031
100,000
87,328
JPMorgan Chase & Co., Sr. Unscd. Notes
1.95
2/4/2032
105,000
91,788
JPMorgan Chase & Co., Sr. Unscd. Notes
2.52
4/22/2031
150,000
137,521
JPMorgan Chase & Co., Sr. Unscd. Notes
2.53
11/19/2041
125,000
85,263
JPMorgan Chase & Co., Sr. Unscd. Notes
2.55
11/8/2032
865,000
760,658
JPMorgan Chase & Co., Sr. Unscd. Notes
2.58
4/22/2032
795,000
710,306
JPMorgan Chase & Co., Sr. Unscd. Notes
2.74
10/15/2030
25,000
23,379
JPMorgan Chase & Co., Sr. Unscd. Notes
2.96
1/25/2033
377,000
337,042
JPMorgan Chase & Co., Sr. Unscd. Notes
3.11
4/22/2051
105,000
66,407
JPMorgan Chase & Co., Sr. Unscd. Notes(a)
3.33
4/22/2052
236,000
154,882
JPMorgan Chase & Co., Sr. Unscd. Notes
3.70
5/6/2030
30,000
29,066
JPMorgan Chase & Co., Sr. Unscd. Notes
3.90
1/23/2049
230,000
170,965
JPMorgan Chase & Co., Sr. Unscd. Notes
4.03
7/24/2048
420,000
320,120
JPMorgan Chase & Co., Sr. Unscd. Notes
4.20
7/23/2029
50,000
49,471
JPMorgan Chase & Co., Sr. Unscd. Notes
4.26
10/22/2031
1,350,000
1,307,488
JPMorgan Chase & Co., Sr. Unscd. Notes
4.49
3/24/2031
230,000
226,217
JPMorgan Chase & Co., Sr. Unscd. Notes
4.57
6/14/2030
700,000
693,005
JPMorgan Chase & Co., Sr. Unscd. Notes
4.60
10/22/2030
300,000
297,000
JPMorgan Chase & Co., Sr. Unscd. Notes
4.81
10/22/2036
250,000
237,398
JPMorgan Chase & Co., Sr. Unscd. Notes
4.85
2/1/2044
50,000
44,144
JPMorgan Chase & Co., Sr. Unscd. Notes
4.90
1/22/2037
600,000
572,145
JPMorgan Chase & Co., Sr. Unscd. Notes
4.91
7/25/2033
500,000
493,261
JPMorgan Chase & Co., Sr. Unscd. Notes
4.92
1/24/2029
300,000
301,064
JPMorgan Chase & Co., Sr. Unscd. Notes
4.95
10/22/2035
150,000
145,246
JPMorgan Chase & Co., Sr. Unscd. Notes
5.00
7/22/2030
500,000
500,877
JPMorgan Chase & Co., Sr. Unscd. Notes
5.29
7/22/2035
4,000
3,963
JPMorgan Chase & Co., Sr. Unscd. Notes
5.30
7/24/2029
270,000
272,776
JPMorgan Chase & Co., Sr. Unscd. Notes
5.34
1/23/2035
300,000
299,069
JPMorgan Chase & Co., Sr. Unscd. Notes
5.35
6/1/2034
210,000
210,349
JPMorgan Chase & Co., Sr. Unscd. Notes
5.40
1/6/2042
245,000
235,633
JPMorgan Chase & Co., Sr. Unscd. Notes
5.50
10/15/2040
153,000
150,959
JPMorgan Chase & Co., Sr. Unscd. Notes
5.53
11/29/2045
165,000
157,075
JPMorgan Chase & Co., Sr. Unscd. Notes
6.09
10/23/2029
123,000
126,310
11

SCHEDULE OF INVESTMENTS (Unaudited) (continued)

Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Banks — 5.2% (continued)
JPMorgan Chase & Co., Sr. Unscd. Notes
6.25
10/23/2034
765,000
803,985
JPMorgan Chase & Co., Sub. Notes
2.96
5/13/2031
195,000
180,699
JPMorgan Chase & Co., Sub. Notes
4.95
6/1/2045
185,000
162,313
JPMorgan Chase & Co., Sub. Notes
5.19
2/5/2037
200,000
191,805
JPMorgan Chase & Co., Sub. Notes
5.58
7/23/2036
50,000
49,448
KeyCorp, Sr. Unscd. Notes
4.10
4/30/2028
52,000
51,482
KeyCorp, Sr. Unscd. Notes
4.79
6/1/2033
30,000
29,087
KeyCorp, Sr. Unscd. Notes
6.40
3/6/2035
500,000
521,871
Kreditanstalt fuer Wiederaufbau, Govt. Gtd. Bonds(c)
0.00
4/18/2036
75,000
47,589
Kreditanstalt fuer Wiederaufbau, Govt. Gtd. Bonds
0.75
9/30/2030
110,000
94,952
Kreditanstalt fuer Wiederaufbau, Govt. Gtd. Bonds
3.75
2/15/2028
1,385,000
1,374,260
Kreditanstalt fuer Wiederaufbau, Govt. Gtd. Bonds
4.75
10/29/2030
675,000
684,409
Kreditanstalt fuer Wiederaufbau, Govt. Gtd. Notes
3.88
6/15/2028
1,000,000
992,685
Kreditanstalt fuer Wiederaufbau, Govt. Gtd. Notes
4.13
7/15/2033
350,000
340,439
Landwirtschaftliche Rentenbank, Govt. Gtd. Bonds
3.63
10/8/2030
250,000
242,834
Landwirtschaftliche Rentenbank, Govt. Gtd. Notes
0.88
9/3/2030
780,000
678,676
Landwirtschaftliche Rentenbank, Govt. Gtd. Notes
4.13
5/28/2030
905,000
896,234
Landwirtschaftliche Rentenbank, Govt. Gtd. Notes, Ser. 44
3.88
6/14/2028
520,000
515,869
Lloyds Banking Group PLC, Sr. Unscd. Notes(a)
5.59
11/26/2035
400,000
400,978
Lloyds Banking Group PLC, Sr. Unscd. Notes
5.68
1/5/2035
200,000
201,898
Lloyds Banking Group PLC, Sub. Notes
4.34
1/9/2048
237,000
185,952
Lloyds Banking Group PLC, Sub. Notes
5.30
12/1/2045
100,000
89,833
Lloyds Banking Group PLC, Sub. Notes
7.95
11/15/2033
200,000
223,744
M&T Bank Corp., Sr. Unscd. Notes
4.55
8/16/2028
350,000
349,377
M&T Bank Corp., Sr. Unscd. Notes
6.08
3/13/2032
400,000
413,135
Mitsubishi UFJ Financial Group, Inc., Sr. Unscd. Notes
2.31
7/20/2032
60,000
52,400
Mitsubishi UFJ Financial Group, Inc., Sr. Unscd. Notes
3.75
7/18/2039
393,000
325,066
Mitsubishi UFJ Financial Group, Inc., Sr. Unscd. Notes
4.32
4/19/2033
250,000
238,261
Mitsubishi UFJ Financial Group, Inc., Sr. Unscd. Notes
4.51
1/14/2032
200,000
194,765
Mitsubishi UFJ Financial Group, Inc., Sr. Unscd. Notes
4.85
4/21/2032
400,000
394,102
Mitsubishi UFJ Financial Group, Inc., Sr. Unscd. Notes
5.13
7/20/2033
367,000
364,559
Mitsubishi UFJ Financial Group, Inc., Sr. Unscd. Notes
5.19
9/12/2036
200,000
194,523
Mitsubishi UFJ Financial Group, Inc., Sr. Unscd. Notes
5.35
9/13/2028
320,000
322,343
Mitsubishi UFJ Financial Group, Inc., Sr. Unscd. Notes
5.41
4/19/2034
300,000
301,062
Mitsubishi UFJ Financial Group, Inc., Sr. Unscd. Notes
5.43
4/17/2035
100,000
99,492
Mizuho Financial Group, Inc., Sr. Unscd. Notes
2.59
5/25/2031
378,000
345,275
Mizuho Financial Group, Inc., Sr. Unscd. Notes
3.15
7/16/2030
275,000
261,500
Mizuho Financial Group, Inc., Sr. Unscd. Notes
4.25
9/11/2029
120,000
118,723
Mizuho Financial Group, Inc., Sr. Unscd. Notes
5.10
5/13/2031
200,000
199,931
Mizuho Financial Group, Inc., Sr. Unscd. Notes
5.41
9/13/2028
180,000
181,560
Mizuho Financial Group, Inc., Sr. Unscd. Notes
5.42
5/13/2036
200,000
197,839
Mizuho Financial Group, Inc., Sr. Unscd. Notes
5.58
5/26/2035
324,000
325,421
Mizuho Financial Group, Inc., Sub. Notes
2.56
9/13/2031
180,000
157,661
Morgan Stanley, Sr. Unscd. Notes
1.79
2/13/2032
800,000
689,965
Morgan Stanley, Sr. Unscd. Notes
1.93
4/28/2032
360,000
310,295
Morgan Stanley, Sr. Unscd. Notes
2.24
7/21/2032
104,000
90,361
Morgan Stanley, Sr. Unscd. Notes
2.51
10/20/2032
497,000
434,630
Morgan Stanley, Sr. Unscd. Notes
2.70
1/22/2031
249,000
230,034
Morgan Stanley, Sr. Unscd. Notes
2.80
1/25/2052
140,000
82,093
Morgan Stanley, Sr. Unscd. Notes
2.94
1/21/2033
295,000
262,255
12


Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Banks — 5.2% (continued)
Morgan Stanley, Sr. Unscd. Notes
3.22
4/22/2042
50,000
36,776
Morgan Stanley, Sr. Unscd. Notes
3.59
7/22/2028
316,000
312,616
Morgan Stanley, Sr. Unscd. Notes
3.62
4/1/2031
125,000
118,954
Morgan Stanley, Sr. Unscd. Notes
3.77
1/24/2029
492,000
485,204
Morgan Stanley, Sr. Unscd. Notes
3.97
7/22/2038
400,000
341,404
Morgan Stanley, Sr. Unscd. Notes
4.24
1/9/2030
700,000
688,309
Morgan Stanley, Sr. Unscd. Notes
4.30
1/27/2045
425,000
342,719
Morgan Stanley, Sr. Unscd. Notes
4.38
1/22/2047
179,000
143,084
Morgan Stanley, Sr. Unscd. Notes
4.43
1/23/2030
285,000
281,872
Morgan Stanley, Sr. Unscd. Notes
4.46
4/22/2039
210,000
187,214
Morgan Stanley, Sr. Unscd. Notes
4.71
3/12/2032
600,000
586,564
Morgan Stanley, Sr. Unscd. Notes
4.81
4/16/2032
1,000,000
981,081
Morgan Stanley, Sr. Unscd. Notes
4.89
7/20/2033
290,000
284,336
Morgan Stanley, Sr. Unscd. Notes
5.07
1/30/2037
200,000
191,137
Morgan Stanley, Sr. Unscd. Notes
5.16
4/20/2029
245,000
246,292
Morgan Stanley, Sr. Unscd. Notes
5.25
4/21/2034
542,000
536,554
Morgan Stanley, Sr. Unscd. Notes
5.45
7/20/2029
45,000
45,490
Morgan Stanley, Sr. Unscd. Notes
5.47
1/18/2035
70,000
69,816
Morgan Stanley, Sr. Unscd. Notes
5.52
11/19/2055
295,000
270,137
Morgan Stanley, Sr. Unscd. Notes
6.30
10/18/2028
190,000
193,503
Morgan Stanley, Sr. Unscd. Notes
6.34
10/18/2033
285,000
299,700
Morgan Stanley, Sr. Unscd. Notes
6.38
7/24/2042
574,000
598,931
Morgan Stanley, Sr. Unscd. Notes
6.41
11/1/2029
300,000
309,620
Morgan Stanley, Sr. Unscd. Notes
6.63
11/1/2034
140,000
149,381
Morgan Stanley, Sub. Notes
5.30
4/20/2037
255,000
250,567
Morgan Stanley, Sub. Notes
5.95
1/19/2038
500,000
506,369
Morgan Stanley Bank NA, Sr. Unscd. Notes
4.79
5/10/2030
500,000
498,028
Morgan Stanley Private Bank NA, Sr. Unscd. Notes
4.20
11/17/2028
300,000
298,190
Morgan Stanley Private Bank NA, Sr. Unscd. Notes
4.73
7/18/2031
350,000
345,530
National Australia Bank Ltd., Sr. Unscd. Notes
4.79
1/10/2029
375,000
377,291
NatWest Group PLC, Sr. Unscd. Notes
4.96
8/15/2030
400,000
399,786
NatWest Group PLC, Sr. Unscd. Notes
5.12
5/23/2031
250,000
249,810
NatWest Group PLC, Sr. Unscd. Notes
5.81
9/13/2029
250,000
254,814
Northern Trust Corp., Sr. Unscd. Notes
1.95
5/1/2030
25,000
22,595
Northern Trust Corp., Sr. Unscd. Notes
3.15
5/3/2029
65,000
62,564
Northern Trust Corp., Sr. Unscd. Notes
4.15
11/19/2030
200,000
195,097
Northern Trust Corp., Sub. Notes
5.12
11/19/2040
200,000
191,257
Northern Trust Corp., Sub. Notes
6.13
11/2/2032
20,000
21,114
Oesterreichische Kontrollbank AG, Govt. Gtd. Bonds
4.25
3/1/2028
65,000
64,914
Old National Bancorp, Sub. Notes
5.77
2/15/2036
50,000
49,574
Pinnacle Bank, Sr. Unscd. Notes
5.63
2/15/2028
65,000
65,435
PNC Bank NA, Sub. Notes
2.70
10/22/2029
75,000
69,977
Regions Banks, Sub. Notes
6.45
6/26/2037
65,000
67,514
Regions Financial Corp., Sr. Unscd. Notes
1.80
8/12/2028
47,000
44,373
Regions Financial Corp., Sr. Unscd. Notes
5.50
9/6/2035
250,000
247,127
Royal Bank of Canada, Sr. Unscd. Notes
2.30
11/3/2031
374,000
329,441
Royal Bank of Canada, Sr. Unscd. Notes
3.88
5/4/2032
36,000
33,972
Royal Bank of Canada, Sr. Unscd. Notes
4.24
8/3/2027
200,000
199,862
Royal Bank of Canada, Sr. Unscd. Notes
4.61
5/3/2032
500,000
489,469
Royal Bank of Canada, Sr. Unscd. Notes
4.97
8/2/2030
500,000
501,208
13

SCHEDULE OF INVESTMENTS (Unaudited) (continued)

Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Banks — 5.2% (continued)
Royal Bank of Canada, Sr. Unscd. Notes
5.00
2/1/2033
150,000
148,738
Royal Bank of Canada, Sr. Unscd. Notes
5.20
8/1/2028
235,000
237,848
Royal Bank of Canada, Sr. Unscd. Notes
6.00
11/1/2027
200,000
203,747
Santander Holdings USA, Inc., Sr. Unscd. Bonds
7.66
11/9/2031
140,000
151,850
Santander Holdings USA, Inc., Sr. Unscd. Notes
6.50
3/9/2029
137,000
140,155
Santander Holdings USA, Inc., Sr. Unscd. Notes
6.57
6/12/2029
137,000
140,788
Santander UK Group Holdings PLC, Sr. Unscd. Notes
2.90
3/15/2032
125,000
112,787
Santander UK Group Holdings PLC, Sr. Unscd. Notes
4.32
9/22/2029
200,000
197,501
Santander UK Group Holdings PLC, Sr. Unscd. Notes
5.14
9/22/2036
200,000
190,698
Simmons First National Corp., Sub. Notes
6.25
10/1/2035
115,000
115,313
SouthState Bank Corp., Sub. Notes
7.00
6/13/2035
200,000
207,274
Standard Chartered Bank, Sr. Unscd. Notes
4.85
12/3/2027
510,000
512,530
State Street Bank & Trust Co., Sr. Unscd. Notes
4.78
11/23/2029
50,000
50,174
State Street Corp., Sr. Unscd. Notes
2.62
2/7/2033
27,000
23,840
State Street Corp., Sr. Unscd. Notes
3.15
3/30/2031
125,000
117,850
State Street Corp., Sr. Unscd. Notes
4.16
8/4/2033
50,000
47,458
State Street Corp., Sr. Unscd. Notes
4.53
2/20/2029
190,000
189,840
State Street Corp., Sr. Unscd. Notes
4.82
1/26/2034
200,000
195,686
State Street Corp., Sr. Unscd. Notes
5.16
5/18/2034
573,000
570,105
State Street Corp., Sr. Unscd. Notes
5.68
11/21/2029
50,000
51,076
State Street Corp., Sr. Unscd. Notes
5.82
11/4/2028
365,000
370,542
State Street Corp., Sub. Notes
2.20
3/3/2031
245,000
216,612
State Street Corp., Sub. Notes
3.03
11/1/2034
100,000
93,419
State Street Corp., Sub. Notes
6.12
11/21/2034
50,000
51,957
Sumitomo Mitsui Financial Group, Inc., Sr. Unscd. Notes
3.35
10/18/2027
125,000
123,227
Sumitomo Mitsui Financial Group, Inc., Sr. Unscd. Notes
4.49
1/15/2032
885,000
860,780
Sumitomo Mitsui Financial Group, Inc., Sr. Unscd. Notes
5.05
1/15/2037
250,000
239,865
Sumitomo Mitsui Financial Group, Inc., Sr. Unscd. Notes
5.25
7/8/2036
266,000
260,597
Sumitomo Mitsui Financial Group, Inc., Sr. Unscd. Notes(a)
5.52
1/13/2028
280,000
283,586
Sumitomo Mitsui Financial Group, Inc., Sr. Unscd. Notes
5.56
7/9/2034
276,000
277,731
Sumitomo Mitsui Financial Group, Inc., Sr. Unscd. Notes
5.72
9/14/2028
285,000
290,447
Sumitomo Mitsui Financial Group, Inc., Sr. Unscd. Notes
5.77
1/13/2033
59,000
60,405
Sumitomo Mitsui Financial Group, Inc., Sr. Unscd. Notes
5.80
7/13/2028
325,000
331,764
Sumitomo Mitsui Financial Group, Inc., Sub. Notes
5.80
7/8/2046
94,000
89,260
Sumitomo Mitsui Financial Group, Inc., Sub. Notes
5.84
7/9/2044
65,000
62,824
Sumitomo Mitsui Financial Group, Inc., Sub. Notes
6.18
7/13/2043
50,000
51,009
Synchrony Bank, Sr. Unscd. Notes
5.63
8/23/2027
250,000
252,363
The Bank of Nova Scotia, Sr. Unscd. Notes
4.04
9/15/2028
100,000
99,366
The Bank of Nova Scotia, Sr. Unscd. Notes
4.74
11/10/2032
250,000
244,994
The Bank of Nova Scotia, Sr. Unscd. Notes
4.85
2/1/2030
122,000
121,918
The Bank of Nova Scotia, Sr. Unscd. Notes
5.25
6/12/2028
240,000
243,038
The Bank of Nova Scotia, Sr. Unscd. Notes
5.65
2/1/2034
111,000
113,046
The Goldman Sachs Group, Inc., Sr. Unscd. Bonds
4.22
5/1/2029
180,000
178,162
The Goldman Sachs Group, Inc., Sr. Unscd. Notes
2.38
7/21/2032
220,000
192,239
The Goldman Sachs Group, Inc., Sr. Unscd. Notes
2.60
2/7/2030
735,000
678,842
The Goldman Sachs Group, Inc., Sr. Unscd. Notes
2.62
4/22/2032
430,000
382,560
The Goldman Sachs Group, Inc., Sr. Unscd. Notes
2.65
10/21/2032
220,000
193,336
The Goldman Sachs Group, Inc., Sr. Unscd. Notes
2.91
7/21/2042
509,000
354,080
The Goldman Sachs Group, Inc., Sr. Unscd. Notes
3.10
2/24/2033
180,000
160,868
The Goldman Sachs Group, Inc., Sr. Unscd. Notes
3.21
4/22/2042
150,000
108,701
14


Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Banks — 5.2% (continued)
The Goldman Sachs Group, Inc., Sr. Unscd. Notes
3.44
2/24/2043
178,000
130,303
The Goldman Sachs Group, Inc., Sr. Unscd. Notes
3.80
3/15/2030
627,000
602,248
The Goldman Sachs Group, Inc., Sr. Unscd. Notes
3.81
4/23/2029
475,000
467,269
The Goldman Sachs Group, Inc., Sr. Unscd. Notes
4.15
1/21/2029
1,050,000
1,040,122
The Goldman Sachs Group, Inc., Sr. Unscd. Notes
4.37
10/21/2031
652,000
630,974
The Goldman Sachs Group, Inc., Sr. Unscd. Notes
4.41
4/23/2039
165,000
144,762
The Goldman Sachs Group, Inc., Sr. Unscd. Notes
4.52
1/21/2032
200,000
194,150
The Goldman Sachs Group, Inc., Sr. Unscd. Notes
4.69
10/23/2030
300,000
296,611
The Goldman Sachs Group, Inc., Sr. Unscd. Notes
4.75
10/21/2045
154,000
129,012
The Goldman Sachs Group, Inc., Sr. Unscd. Notes
4.94
10/21/2036
500,000
473,149
The Goldman Sachs Group, Inc., Sr. Unscd. Notes
5.07
1/21/2037
100,000
95,304
The Goldman Sachs Group, Inc., Sr. Unscd. Notes
5.21
1/28/2031
500,000
501,103
The Goldman Sachs Group, Inc., Sr. Unscd. Notes
5.22
4/23/2031
400,000
400,678
The Goldman Sachs Group, Inc., Sr. Unscd. Notes
5.33
7/23/2035
260,000
255,646
The Goldman Sachs Group, Inc., Sr. Unscd. Notes
5.54
1/21/2047
655,000
602,699
The Goldman Sachs Group, Inc., Sr. Unscd. Notes
5.85
4/25/2035
95,000
96,589
The Goldman Sachs Group, Inc., Sr. Unscd. Notes
6.25
2/1/2041
681,000
700,345
The Goldman Sachs Group, Inc., Sr. Unscd. Notes
6.48
10/24/2029
238,000
245,558
The Goldman Sachs Group, Inc., Sr. Unscd. Notes
6.56
10/24/2034
30,000
31,858
The Goldman Sachs Group, Inc., Sub. Notes
5.15
5/22/2045
480,000
418,195
The Goldman Sachs Group, Inc., Sub. Notes
6.45
5/1/2036
176,000
183,626
The Goldman Sachs Group, Inc., Sub. Notes
6.75
10/1/2037
77,000
81,731
The PNC Financial Services Group, Inc., Sr. Unscd. Bonds
5.37
7/21/2036
100,000
98,757
The PNC Financial Services Group, Inc., Sr. Unscd. Notes
2.31
4/23/2032
115,000
101,561
The PNC Financial Services Group, Inc., Sr. Unscd. Notes
2.55
1/22/2030
317,000
293,232
The PNC Financial Services Group, Inc., Sr. Unscd. Notes
3.45
4/23/2029
108,000
104,595
The PNC Financial Services Group, Inc., Sr. Unscd. Notes
4.81
10/21/2032
270,000
265,619
The PNC Financial Services Group, Inc., Sr. Unscd. Notes
5.07
1/24/2034
259,000
254,995
The PNC Financial Services Group, Inc., Sr. Unscd. Notes
5.35
12/2/2028
115,000
116,012
The PNC Financial Services Group, Inc., Sr. Unscd. Notes
5.49
5/14/2030
500,000
507,677
The PNC Financial Services Group, Inc., Sr. Unscd. Notes
5.58
6/12/2029
45,000
45,663
The PNC Financial Services Group, Inc., Sr. Unscd. Notes
5.58
1/29/2036
85,000
85,348
The PNC Financial Services Group, Inc., Sr. Unscd. Notes
5.94
8/18/2034
295,000
304,899
The PNC Financial Services Group, Inc., Sr. Unscd. Notes
6.88
10/20/2034
50,000
54,221
The PNC Financial Services Group, Inc., Sub. Notes
4.63
6/6/2033
54,000
51,711
The PNC Financial Services Group, Inc., Sub. Notes
5.42
1/25/2041
50,000
47,846
The Toronto-Dominion Bank, Sr. Unscd. Notes(a)
2.00
9/10/2031
95,000
83,109
The Toronto-Dominion Bank, Sr. Unscd. Notes
2.45
1/12/2032
50,000
43,926
The Toronto-Dominion Bank, Sr. Unscd. Notes
3.20
3/10/2032
55,000
50,047
The Toronto-Dominion Bank, Sr. Unscd. Notes(a)
4.11
10/13/2028
250,000
246,983
The Toronto-Dominion Bank, Sr. Unscd. Notes
4.46
6/8/2032
110,000
106,651
The Toronto-Dominion Bank, Sr. Unscd. Notes
4.69
9/15/2027
153,000
153,257
The Toronto-Dominion Bank, Sr. Unscd. Notes
4.87
4/22/2033
800,000
781,664
The Toronto-Dominion Bank, Sr. Unscd. Notes
4.93
10/15/2035
250,000
239,868
The Toronto-Dominion Bank, Sr. Unscd. Notes
5.16
1/10/2028
80,000
80,598
The Toronto-Dominion Bank, Sr. Unscd. Notes
5.52
7/17/2028
96,000
97,541
Truist Bank, Sr. Unscd. Notes
4.14
10/23/2029
250,000
246,247
Truist Financial Corp., Sr. Unscd. Notes
1.13
8/3/2027
450,000
436,067
Truist Financial Corp., Sr. Unscd. Notes
4.60
1/27/2032
500,000
488,010
Truist Financial Corp., Sr. Unscd. Notes
5.07
5/20/2031
25,000
24,996
15

SCHEDULE OF INVESTMENTS (Unaudited) (continued)

Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Banks — 5.2% (continued)
Truist Financial Corp., Sr. Unscd. Notes
5.87
6/8/2034
70,000
71,496
Truist Financial Corp., Sr. Unscd. Notes
6.12
10/28/2033
390,000
405,775
Truist Financial Corp., Sr. Unscd. Notes, Ser. I
4.68
4/23/2032
200,000
195,353
Truist Financial Corp., Sub. Notes
4.92
7/28/2033
127,000
122,965
U.S. Bancorp, Sr. Unscd. Notes
4.65
2/1/2029
187,000
186,894
U.S. Bancorp, Sr. Unscd. Notes
4.84
2/1/2034
199,000
192,930
U.S. Bancorp, Sr. Unscd. Notes
5.05
2/12/2031
250,000
250,112
U.S. Bancorp, Sr. Unscd. Notes
5.08
5/15/2031
250,000
250,394
U.S. Bancorp, Sr. Unscd. Notes
5.78
6/12/2029
170,000
173,123
U.S. Bancorp, Sr. Unscd. Notes
5.85
10/21/2033
310,000
319,365
U.S. Bancorp, Sub. Notes
5.72
5/20/2041
300,000
292,706
UBS Group AG, Sr. Unscd. Notes
4.50
6/26/2048
250,000
205,693
Wachovia Corp., Sub. Debs.
5.50
8/1/2035
210,000
208,004
Webster Financial Corp., Sr. Unscd. Notes
4.10
3/25/2029
135,000
131,547
Webster Financial Corp., Sub. Notes
5.78
9/11/2035
230,000
230,271
Wells Fargo & Co., Sr. Unscd. Notes
2.57
2/11/2031
220,000
202,620
Wells Fargo & Co., Sr. Unscd. Notes
2.88
10/30/2030
575,000
539,625
Wells Fargo & Co., Sr. Unscd. Notes
3.35
3/2/2033
865,000
786,602
Wells Fargo & Co., Sr. Unscd. Notes
3.90
5/1/2045
235,000
178,025
Wells Fargo & Co., Sr. Unscd. Notes
4.08
9/15/2029
1,000,000
985,011
Wells Fargo & Co., Sr. Unscd. Notes
4.15
1/24/2029
180,000
177,718
Wells Fargo & Co., Sr. Unscd. Notes
4.48
4/4/2031
360,000
353,739
Wells Fargo & Co., Sr. Unscd. Notes
4.89
9/15/2036
200,000
191,420
Wells Fargo & Co., Sr. Unscd. Notes
4.90
7/25/2033
420,000
412,515
Wells Fargo & Co., Sr. Unscd. Notes
4.97
4/23/2029
595,000
597,258
Wells Fargo & Co., Sr. Unscd. Notes
5.01
4/4/2051
894,000
767,126
Wells Fargo & Co., Sr. Unscd. Notes
5.39
4/24/2034
180,000
180,085
Wells Fargo & Co., Sr. Unscd. Notes
5.56
7/25/2034
126,000
127,045
Wells Fargo & Co., Sr. Unscd. Notes
6.30
10/23/2029
98,000
101,008
Wells Fargo & Co., Sr. Unscd. Notes
6.49
10/23/2034
235,000
249,636
Wells Fargo & Co., Sub. Notes
4.40
6/14/2046
151,000
117,932
Wells Fargo & Co., Sub. Notes
4.90
11/17/2045
130,000
109,149
Wells Fargo & Co., Sub. Notes
5.38
11/2/2043
560,000
508,712
Wells Fargo & Co., Sub. Notes
5.61
1/15/2044
400,000
371,607
Wells Fargo Bank NA, Sub. Notes
5.95
8/26/2036
50,000
51,113
Westpac Banking Corp., Sr. Unscd. Notes
1.95
11/20/2028
390,000
368,516
Westpac Banking Corp., Sr. Unscd. Notes
2.65
1/16/2030
50,000
46,812
Westpac Banking Corp., Sr. Unscd. Notes
3.40
1/25/2028
109,000
107,456
Westpac Banking Corp., Sr. Unscd. Notes
4.04
8/26/2027
400,000
398,575
Westpac Banking Corp., Sr. Unscd. Notes
4.35
7/1/2030
320,000
316,249
Westpac Banking Corp., Sr. Unscd. Notes
4.45
6/12/2031
250,000
245,934
Westpac Banking Corp., Sr. Unscd. Notes
5.46
11/18/2027
735,000
744,841
Westpac Banking Corp., Sr. Unscd. Notes
5.54
11/17/2028
50,000
51,116
Westpac Banking Corp., Sub. Notes
2.67
11/15/2035
45,000
40,254
Westpac Banking Corp., Sub. Notes
2.96
11/16/2040
41,000
29,443
Westpac Banking Corp., Sub. Notes
3.02
11/18/2036
50,000
44,236
Westpac Banking Corp., Sub. Notes
4.11
7/24/2034
50,000
48,569
Westpac Banking Corp., Sub. Notes
5.41
8/10/2033
50,000
49,924
16


Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Banks — 5.2% (continued)
Westpac Banking Corp., Sub. Notes
6.82
11/17/2033
100,000
107,154
Zions Bancorp NA, Sub. Notes
6.82
11/19/2035
385,000
397,982
 
115,720,797
Beverage Products — .3%
Anheuser-Busch Cos. LLC/Anheuser-Busch InBev Worldwide, Inc., Gtd. Notes
4.70
2/1/2036
675,000
642,182
Anheuser-Busch Cos. LLC/Anheuser-Busch InBev Worldwide, Inc., Gtd. Notes
4.90
2/1/2046
586,000
512,399
Anheuser-Busch InBev Finance, Inc., Gtd. Notes
4.63
2/1/2044
100,000
85,461
Anheuser-Busch InBev Worldwide, Inc., Gtd. Notes
4.38
4/15/2038
1,242,000
1,134,072
Anheuser-Busch InBev Worldwide, Inc., Gtd. Notes
4.95
1/15/2042
25,000
22,799
Anheuser-Busch InBev Worldwide, Inc., Gtd. Notes(a)
5.80
1/23/2059
200,000
193,811
Anheuser-Busch InBev Worldwide, Inc., Gtd. Notes
8.00
11/15/2039
25,000
30,385
Anheuser-Busch InBev Worldwide, Inc., Gtd. Notes
8.20
1/15/2039
25,000
30,656
Coca-Cola Femsa SAB de CV, Gtd. Notes
5.25
11/26/2043
250,000
232,596
Constellation Brands, Inc., Gtd. Notes
3.15
8/1/2029
135,000
128,562
Constellation Brands, Inc., Gtd. Notes
4.65
11/15/2028
50,000
49,894
Constellation Brands, Inc., Gtd. Notes
5.25
11/15/2048
180,000
159,360
Constellation Brands, Inc., Sr. Unscd. Notes
2.25
8/1/2031
150,000
131,223
Diageo Capital PLC, Gtd. Notes
5.63
10/5/2033
236,000
241,553
Diageo Investment Corp., Gtd. Notes
7.45
4/15/2035
40,000
45,904
Keurig Dr. Pepper, Inc., Gtd. Notes
3.20
5/1/2030
63,000
58,946
Keurig Dr. Pepper, Inc., Gtd. Notes
3.95
4/15/2029
235,000
229,448
Keurig Dr. Pepper, Inc., Gtd. Notes
4.50
11/15/2045
47,000
37,311
Keurig Dr. Pepper, Inc., Gtd. Notes
4.60
5/25/2028
100,000
99,825
Keurig Dr. Pepper, Inc., Gtd. Notes
5.30
3/15/2034
215,000
212,237
Molson Coors Beverage Co., Gtd. Notes(a)
5.00
5/1/2042
105,000
91,916
PepsiCo, Inc., Sr. Unscd. Notes
1.40
2/25/2031
68,000
58,846
PepsiCo, Inc., Sr. Unscd. Notes
3.38
7/29/2049
510,000
346,850
PepsiCo, Inc., Sr. Unscd. Notes
3.45
10/6/2046
50,000
35,645
PepsiCo, Inc., Sr. Unscd. Notes
3.50
3/19/2040
20,000
16,135
PepsiCo, Inc., Sr. Unscd. Notes
3.60
2/18/2028
70,000
69,202
PepsiCo, Inc., Sr. Unscd. Notes
3.60
8/13/2042
25,000
19,309
PepsiCo, Inc., Sr. Unscd. Notes
4.20
7/18/2052
70,000
54,527
PepsiCo, Inc., Sr. Unscd. Notes
4.45
2/7/2028
586,000
586,538
PepsiCo, Inc., Sr. Unscd. Notes
4.65
7/23/2032
50,000
49,677
PepsiCo, Inc., Sr. Unscd. Notes(a)
5.00
2/7/2035
200,000
197,574
PepsiCo, Inc., Sr. Unscd. Notes(a)
5.00
7/23/2035
200,000
197,281
The Coca-Cola Company, Sr. Unscd. Notes
1.38
3/15/2031
290,000
251,241
The Coca-Cola Company, Sr. Unscd. Notes
1.65
6/1/2030
79,000
70,869
The Coca-Cola Company, Sr. Unscd. Notes
2.00
3/5/2031
86,000
76,629
The Coca-Cola Company, Sr. Unscd. Notes
2.50
6/1/2040
220,000
156,774
The Coca-Cola Company, Sr. Unscd. Notes
2.50
3/15/2051
175,000
98,691
The Coca-Cola Company, Sr. Unscd. Notes
3.00
3/5/2051
120,000
75,390
The Coca-Cola Company, Sr. Unscd. Notes(a)
4.65
8/14/2034
500,000
492,682
 
7,224,400
Building Materials — .1%
Carrier Global Corp., Sr. Unscd. Notes
2.70
2/15/2031
50,000
45,484
Carrier Global Corp., Sr. Unscd. Notes
2.72
2/15/2030
246,000
228,485
Carrier Global Corp., Sr. Unscd. Notes
3.38
4/5/2040
400,000
309,735
Carrier Global Corp., Sr. Unscd. Notes
3.58
4/5/2050
67,000
46,164
Eagle Materials, Inc., Gtd. Notes
5.00
3/15/2036
265,000
249,622
17

SCHEDULE OF INVESTMENTS (Unaudited) (continued)

Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Building Materials — .1% (continued)
Fortune Brands Innovations, Inc., Sr. Unscd. Notes
4.50
3/25/2052
25,000
19,564
Johnson Controls International PLC, Sr. Unscd. Notes
4.50
2/15/2047
200,000
163,970
Lennox International, Inc., Gtd. Notes
5.50
9/15/2028
74,000
75,044
Martin Marietta Materials, Inc., Sr. Unscd. Notes
3.20
7/15/2051
45,000
27,970
Martin Marietta Materials, Inc., Sr. Unscd. Notes
4.25
12/15/2047
65,000
49,945
Martin Marietta Materials, Inc., Sr. Unscd. Notes
5.50
12/1/2054
300,000
271,115
Masco Corp., Sr. Unscd. Notes
2.00
10/1/2030
345,000
305,781
Mohawk Industries, Inc., Sr. Unscd. Notes
5.85
9/18/2028
290,000
295,896
Owens Corning, Sr. Unscd. Notes
3.88
6/1/2030
70,000
67,197
Owens Corning, Sr. Unscd. Notes
4.30
7/15/2047
290,000
225,270
Trane Technologies Financing Ltd., Gtd. Notes
3.80
3/21/2029
250,000
244,451
Trane Technologies Holdco, Inc., Gtd. Notes
4.30
2/21/2048
80,000
63,748
Trane Technologies Holdco, Inc., Gtd. Notes
5.75
6/15/2043
26,000
25,859
Vulcan Materials Co., Sr. Unscd. Notes
4.70
3/1/2048
65,000
53,838
Vulcan Materials Co., Sr. Unscd. Notes
5.70
12/1/2054
200,000
187,581
 
2,956,719
Chemicals — .3%
Air Products & Chemicals, Inc., Sr. Unscd. Notes
2.05
5/15/2030
31,000
28,088
Air Products & Chemicals, Inc., Sr. Unscd. Notes
2.70
5/15/2040
74,000
53,316
Air Products & Chemicals, Inc., Sr. Unscd. Notes
4.60
2/8/2029
100,000
99,936
Air Products & Chemicals, Inc., Sr. Unscd. Notes
4.85
2/8/2034
245,000
240,606
CF Industries, Inc., Gtd. Notes
4.95
6/1/2043
280,000
244,664
CF Industries, Inc., Gtd. Notes
5.15
3/15/2034
70,000
68,519
CF Industries, Inc., Gtd. Notes
5.38
3/15/2044
60,000
54,797
DuPont de Nemours, Inc., Sr. Unscd. Notes(b)
4.73
11/15/2028
715,000
713,237
Eastman Chemical Co., Sr. Unscd. Notes
4.65
10/15/2044
195,000
160,683
Eastman Chemical Co., Sr. Unscd. Notes
4.80
9/1/2042
100,000
86,006
Eastman Chemical Co., Sr. Unscd. Notes
5.63
2/20/2034
100,000
100,195
Ecolab, Inc., Sr. Unscd. Notes
1.30
1/30/2031
195,000
167,086
Ecolab, Inc., Sr. Unscd. Notes
2.13
2/1/2032
20,000
17,314
Ecolab, Inc., Sr. Unscd. Notes
3.95
12/1/2047
10,000
7,622
Ecolab, Inc., Sr. Unscd. Notes
4.80
3/24/2030
35,000
34,974
Ecolab, Inc., Sr. Unscd. Notes
5.25
1/15/2028
155,000
156,532
Ecolab, Inc., Sr. Unscd. Notes
5.35
6/15/2036
500,000
498,713
EIDP, Inc., Sr. Unscd. Notes
4.80
5/15/2033
29,000
28,148
International Flavors & Fragrances, Inc., Sr. Unscd. Notes
5.00
9/26/2048
69,000
58,287
Linde, Inc., Gtd. Notes
2.00
8/10/2050
130,000
65,741
LYB International Finance III LLC, Gtd. Notes
3.38
10/1/2040
185,000
133,247
LYB International Finance III LLC, Gtd. Notes
3.80
10/1/2060
289,000
175,926
LYB International Finance III LLC, Gtd. Notes
4.20
5/1/2050
265,000
186,329
LyondellBasell Industries NV, Sr. Unscd. Bonds(a)
4.63
2/26/2055
21,000
15,459
NewMarket Corp., Sr. Unscd. Notes
2.70
3/18/2031
25,000
22,471
Nutrien Ltd., Sr. Unscd. Notes
2.95
5/13/2030
78,000
72,675
Nutrien Ltd., Sr. Unscd. Notes
4.13
3/15/2035
100,000
90,404
Nutrien Ltd., Sr. Unscd. Notes
4.20
4/1/2029
20,000
19,708
Nutrien Ltd., Sr. Unscd. Notes
5.40
6/21/2034
500,000
500,307
Rohm and Haas Co., Sr. Unscd. Notes
7.85
7/15/2029
510,000
551,591
RPM International, Inc., Sr. Unscd. Notes
4.55
3/1/2029
65,000
64,520
The Dow Chemical Company, Sr. Unscd. Bonds
7.38
11/1/2029
138,000
148,323
The Dow Chemical Company, Sr. Unscd. Notes
4.38
11/15/2042
110,000
86,919
18


Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Chemicals — .3% (continued)
The Dow Chemical Company, Sr. Unscd. Notes
4.63
10/1/2044
332,000
263,086
The Dow Chemical Company, Sr. Unscd. Notes
4.80
5/15/2049
50,000
38,611
The Dow Chemical Company, Sr. Unscd. Notes
5.25
11/15/2041
313,000
277,417
The Mosaic Company, Sr. Unscd. Notes
4.88
11/15/2041
10,000
8,710
The Sherwin-Williams Company, Sr. Unscd. Notes
2.30
5/15/2030
36,000
32,739
The Sherwin-Williams Company, Sr. Unscd. Notes
2.95
8/15/2029
229,000
217,100
The Sherwin-Williams Company, Sr. Unscd. Notes
3.30
5/15/2050
85,000
54,953
The Sherwin-Williams Company, Sr. Unscd. Notes
4.00
12/15/2042
40,000
31,502
The Sherwin-Williams Company, Sr. Unscd. Notes
4.50
6/1/2047
25,000
20,276
Westlake Corp., Sr. Unscd. Notes
4.38
11/15/2047
340,000
251,959
 
6,148,696
Commercial & Professional Services — .2%
Brown University, Bonds, Ser. A
2.92
9/1/2050
130,000
81,935
California Institute of Technology, Sr. Unscd. Bonds
4.70
11/1/2111
35,000
26,747
Duke University, Unscd. Bonds, Ser. 2020
2.83
10/1/2055
225,000
134,011
Emory University, Unscd. Notes, Ser. 2020
2.14
9/1/2030
115,000
104,024
Equifax, Inc., Sr. Unscd. Notes(a)
2.35
9/15/2031
100,000
87,143
Equifax, Inc., Sr. Unscd. Notes
5.10
6/1/2028
434,000
436,317
Global Payments, Inc., Sr. Unscd. Notes
3.20
8/15/2029
203,000
191,525
Global Payments, Inc., Sr. Unscd. Notes
4.95
8/15/2027
25,000
25,073
Global Payments, Inc., Sr. Unscd. Notes
5.30
8/15/2029
50,000
50,062
Global Payments, Inc., Sr. Unscd. Notes
5.40
8/15/2032
40,000
39,405
Global Payments, Inc., Sr. Unscd. Notes(a)
5.95
8/15/2052
250,000
226,510
Massachusetts Institute of Technology, Unscd. Bonds
3.96
7/1/2038
25,000
22,450
Massachusetts Institute of Technology, Unscd. Notes
3.07
4/1/2052
400,000
256,440
Moody’s Corp., Sr. Unscd. Notes
3.25
1/15/2028
150,000
147,581
Moody’s Corp., Sr. Unscd. Notes
4.88
12/17/2048
75,000
63,017
Moody’s Corp., Sr. Unscd. Notes
5.00
8/5/2034
200,000
195,713
Northwestern University, Unscd. Bonds
4.64
12/1/2044
65,000
59,806
Northwestern University, Unscd. Bonds, Ser. 2017
3.66
12/1/2057
200,000
139,235
PayPal Holdings, Inc., Sr. Unscd. Notes
2.85
10/1/2029
100,000
94,233
PayPal Holdings, Inc., Sr. Unscd. Notes(a)
4.40
6/1/2032
84,000
80,769
PayPal Holdings, Inc., Sr. Unscd. Notes
5.50
6/1/2054
120,000
106,505
PayPal Holdings, Inc., Sr. Unscd. Notes
5.55
6/1/2036
500,000
491,265
President & Fellows of Harvard College, Unscd. Bonds
5.26
3/15/2036
50,000
50,644
Quanta Services, Inc., Sr. Unscd. Notes
3.05
10/1/2041
55,000
39,367
Quanta Services, Inc., Sr. Unscd. Notes
5.25
8/9/2034
135,000
133,427
RELX Capital, Inc., Gtd. Notes
4.00
3/18/2029
99,000
97,129
S&P Global, Inc., Gtd. Notes
1.25
8/15/2030
10,000
8,680
S&P Global, Inc., Gtd. Notes
2.50
12/1/2029
467,000
434,402
S&P Global, Inc., Gtd. Notes
2.95
3/1/2029
180,000
172,361
S&P Global, Inc., Gtd. Notes
3.90
3/1/2062
130,000
88,860
S&P Global, Inc., Gtd. Notes
4.25
5/1/2029
120,000
118,490
The Ford Foundation, Unscd. Bonds, Ser. 2020
2.82
6/1/2070
43,000
22,845
The George Washington University, Unscd. Notes, Ser. 2014
4.30
9/15/2044
70,000
57,102
The Georgetown University, Sr. Unscd. Bonds
5.12
4/1/2053
50,000
44,159
The Georgetown University, Sr. Unscd. Bonds, Ser. 20A
2.94
4/1/2050
100,000
62,050
The Georgetown University, Unscd. Bonds, Ser. B
4.32
4/1/2049
50,000
39,684
The Johns Hopkins University, Sr. Unscd. Bonds, Ser. A(a)
2.81
1/1/2060
25,000
13,819
The Leland Stanford Junior University, Unscd. Bonds
2.41
6/1/2050
125,000
70,705
19

SCHEDULE OF INVESTMENTS (Unaudited) (continued)

Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Commercial & Professional Services — .2% (continued)
The Trustees of Princeton University, Unscd. Bonds, Ser. 2020
2.52
7/1/2050
50,000
29,733
The Trustees of the University of Pennsylvania, Unscd. Bonds, Ser. 2020
2.40
10/1/2050
60,000
33,573
The University of Chicago, Unscd. Bonds
4.00
10/1/2053
47,000
35,910
The University of Chicago, Unscd. Bonds, Ser. 20B
2.76
4/1/2045
130,000
100,759
The Washington University, Sr. Unscd. Bonds
4.35
4/15/2122
25,000
17,869
The Washington University, Sr. Unscd. Bonds, Ser. 2022
3.52
4/15/2054
125,000
87,003
Thomas Jefferson University, Scd. Bonds
3.85
11/1/2057
100,000
68,456
TR Finance LLC, Gtd. Notes
5.65
11/23/2043
50,000
47,345
University of Notre Dame du Lac, Unscd. Bonds, Ser. 2015
3.44
2/15/2045
30,000
22,370
University of Southern California, Unscd. Bonds, Ser. 2017
3.84
10/1/2047
75,000
58,066
Verisk Analytics, Inc., Sr. Unscd. Notes
3.63
5/15/2050
45,000
30,270
Verisk Analytics, Inc., Sr. Unscd. Notes
5.50
6/15/2045
50,000
45,749
William Marsh Rice University, Unscd. Bonds
3.57
5/15/2045
215,000
164,667
Yale University, Unscd. Bonds, Ser. 2020
1.48
4/15/2030
50,000
44,826
Yale University, Unscd. Bonds, Ser. 2020
2.40
4/15/2050
50,000
28,626
 
5,328,712
Consumer Discretionary — .2%
Choice Hotels International, Inc., Sr. Unscd. Notes
3.70
12/1/2029
120,000
115,033
Choice Hotels International, Inc., Sr. Unscd. Notes
3.70
1/15/2031
65,000
60,942
D.R. Horton, Inc., Gtd. Notes
5.50
10/15/2035
500,000
499,637
Hasbro, Inc., Sr. Unscd. Notes
3.90
11/19/2029
70,000
67,770
Hasbro, Inc., Sr. Unscd. Notes
6.05
5/14/2034
217,000
223,252
Hasbro, Inc., Sr. Unscd. Notes
6.35
3/15/2040
50,000
51,390
Hyatt Hotels Corp., Sr. Unscd. Notes
4.38
9/15/2028
50,000
49,537
Hyatt Hotels Corp., Sr. Unscd. Notes(a)
5.05
3/30/2028
100,000
100,367
Hyatt Hotels Corp., Sr. Unscd. Notes
5.75
4/23/2030
75,000
76,370
Hyatt Hotels Corp., Sr. Unscd. Notes
5.75
3/30/2032
106,000
107,888
Las Vegas Sands Corp., Sr. Unscd. Notes
3.90
8/8/2029
60,000
57,798
Las Vegas Sands Corp., Sr. Unscd. Notes
6.20
8/15/2034
130,000
131,309
Leggett & Platt, Inc., Sr. Unscd. Notes
3.50
11/15/2027
199,000
195,141
Lennar Corp., Gtd. Notes
4.75
11/29/2027
660,000
660,593
Marriott International, Inc., Sr. Unscd. Notes
4.80
3/15/2030
383,000
381,194
Marriott International, Inc., Sr. Unscd. Notes
5.35
3/15/2035
100,000
98,871
Marriott International, Inc., Sr. Unscd. Notes, Ser. AA
4.65
12/1/2028
95,000
94,868
Marriott International, Inc., Sr. Unscd. Notes, Ser. GG
3.50
10/15/2032
150,000
136,499
Mattel, Inc., Sr. Unscd. Notes
5.45
11/1/2041
25,000
22,446
Polaris, Inc., Sr. Unscd. Notes
5.60
3/1/2031
450,000
447,206
Polaris, Inc., Sr. Unscd. Notes
6.95
3/15/2029
100,000
104,183
PulteGroup, Inc., Gtd. Notes
6.00
2/15/2035
25,000
25,742
Sands China Ltd., Sr. Unscd. Notes
5.40
8/8/2028
204,000
205,121
Sekisui House US, Inc., Gtd. Notes
2.50
1/15/2031
342,000
299,397
Sekisui House US, Inc., Gtd. Notes
3.97
8/6/2061
240,000
150,018
W.W. Grainger, Inc., Sr. Unscd. Notes
4.20
5/15/2047
90,000
71,898
 
4,434,470
Consumer Durables & Apparel — .0%
NIKE, Inc., Sr. Unscd. Notes
3.88
11/1/2045
250,000
190,048
Ralph Lauren Corp., Sr. Unscd. Notes
2.95
6/15/2030
110,000
102,509
 
292,557
Consumer Staples — .2%
Avery Dennison Corp., Sr. Unscd. Notes
4.88
12/6/2028
130,000
130,290
20


Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Consumer Staples — .2% (continued)
Colgate-Palmolive Co., Sr. Unscd. Notes
3.10
8/15/2027
470,000
464,371
Colgate-Palmolive Co., Sr. Unscd. Notes
3.70
8/1/2047
125,000
93,130
Haleon US Capital LLC, Gtd. Notes
3.38
3/24/2029
313,000
302,720
Kenvue, Inc., Gtd. Notes
4.90
3/22/2033
315,000
311,247
Kenvue, Inc., Gtd. Notes
5.00
3/22/2030
430,000
432,087
Kenvue, Inc., Gtd. Notes
5.05
3/22/2028
120,000
120,858
Kenvue, Inc., Gtd. Notes
5.10
3/22/2043
95,000
86,968
Kimberly-Clark Corp., Sr. Unscd. Notes
1.05
9/15/2027
45,000
43,469
Kimberly-Clark Corp., Sr. Unscd. Notes
3.90
5/4/2047
95,000
71,864
Kimberly-Clark Corp., Sr. Unscd. Notes
3.95
11/1/2028
210,000
207,629
The Clorox Company, Sr. Unscd. Notes
1.80
5/15/2030
110,000
98,065
The Clorox Company, Sr. Unscd. Notes
3.10
10/1/2027
135,000
132,718
The Clorox Company, Sr. Unscd. Notes
4.60
5/1/2032
75,000
72,847
The Estee Lauder Companies, Inc., Sr. Unscd. Notes
3.13
12/1/2049
60,000
37,977
The Estee Lauder Companies, Inc., Sr. Unscd. Notes
4.38
6/15/2045
100,000
81,057
The Estee Lauder Companies, Inc., Sr. Unscd. Notes
5.15
5/15/2053
74,000
64,177
The Procter & Gamble Company, Sr. Unscd. Notes
1.20
10/29/2030
438,000
380,954
The Procter & Gamble Company, Sr. Unscd. Notes
1.95
4/23/2031
250,000
221,727
The Procter & Gamble Company, Sr. Unscd. Notes
2.85
8/11/2027
150,000
147,889
The Procter & Gamble Company, Sr. Unscd. Notes
3.00
3/25/2030
285,000
269,754
Unilever Capital Corp., Gtd. Notes
2.13
9/6/2029
215,000
200,017
Unilever Capital Corp., Gtd. Notes
4.88
9/8/2028
100,000
100,815
Unilever Capital Corp., Gtd. Notes
5.00
12/8/2033
100,000
99,989
Unilever Capital Corp., Gtd. Notes
5.90
11/15/2032
100,000
105,629
Unilever Capital Corp., Gtd. Notes, Ser. 30Y
2.63
8/12/2051
65,000
38,070
 
4,316,318
Diversified Financials — 1.0%
AerCap Ireland Capital DAC/AerCap Global Aviation Trust, Gtd. Notes
3.40
10/29/2033
251,000
219,355
AerCap Ireland Capital DAC/AerCap Global Aviation Trust, Gtd. Notes
3.85
10/29/2041
220,000
171,489
AerCap Ireland Capital DAC/AerCap Global Aviation Trust, Gtd. Notes
4.88
4/1/2028
530,000
530,729
AerCap Ireland Capital DAC/AerCap Global Aviation Trust, Gtd. Notes
6.15
9/30/2030
543,000
562,004
Affiliated Managers Group, Inc., Sr. Unscd. Notes
3.30
6/15/2030
67,000
62,993
Ally Financial, Inc., Gtd. Notes
8.00
11/1/2031
40,000
44,146
Ally Financial, Inc., Sr. Unscd. Notes
5.74
5/15/2029
300,000
303,372
Ally Financial, Inc., Sr. Unscd. Notes
6.18
7/26/2035
100,000
100,353
Ally Financial, Inc., Sr. Unscd. Notes
6.85
1/3/2030
30,000
31,057
Ally Financial, Inc., Sr. Unscd. Notes
8.00
11/1/2031
220,000
243,067
American Express Co., Sr. Unscd. Notes
4.35
7/20/2029
100,000
99,423
American Express Co., Sr. Unscd. Notes
4.46
2/10/2032
250,000
244,352
American Express Co., Sr. Unscd. Notes
4.73
4/25/2029
100,000
100,088
American Express Co., Sr. Unscd. Notes
4.92
7/20/2033
100,000
98,599
American Express Co., Sr. Unscd. Notes
5.02
4/25/2031
150,000
150,475
American Express Co., Sr. Unscd. Notes
5.04
5/1/2034
320,000
315,739
American Express Co., Sr. Unscd. Notes
5.28
7/27/2029
45,000
45,481
American Express Co., Sr. Unscd. Notes
5.28
7/26/2035
100,000
99,279
American Express Co., Sr. Unscd. Notes
5.53
4/25/2030
225,000
228,904
American Express Co., Sr. Unscd. Notes
5.67
4/25/2036
531,000
538,324
American Express Co., Sub. Notes
5.63
7/28/2034
45,000
45,233
Apollo Debt Solutions BDC, Sr. Unscd. Notes
6.90
4/13/2029
100,000
102,248
Apollo Global Management, Inc., Gtd. Notes
5.15
8/12/2035
100,000
95,560
21

SCHEDULE OF INVESTMENTS (Unaudited) (continued)

Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Diversified Financials — 1.0% (continued)
Apollo Global Management, Inc., Gtd. Notes
6.38
11/15/2033
247,000
259,101
Ares Capital Corp., Sr. Unscd. Bonds(a)
5.80
3/8/2032
35,000
34,429
Ares Capital Corp., Sr. Unscd. Notes
5.25
4/12/2031
85,000
82,183
Ares Management Corp., Gtd. Notes
5.60
10/11/2054
100,000
86,768
Ares Strategic Income Fund, Sr. Unscd. Notes
5.60
2/15/2030
85,000
83,280
Ares Strategic Income Fund, Sr. Unscd. Notes
5.70
3/15/2028
100,000
99,995
BGC Group, Inc., Sr. Unscd. Notes
6.60
6/10/2029
260,000
267,027
BGC Group, Inc., Sr. Unscd. Notes
8.00
5/25/2028
30,000
31,267
Blackrock Finance, Inc., Sr. Unscd. Notes
2.40
4/30/2030
54,000
49,649
BlackRock, Inc., Sr. Unscd. Notes
3.25
4/30/2029
700,000
676,800
Blackstone Private Credit Fund, Sr. Unscd. Notes
5.05
9/10/2030
200,000
190,974
Blackstone Private Credit Fund, Sr. Unscd. Notes
5.25
4/1/2030
50,000
48,283
Blackstone Private Credit Fund, Sr. Unscd. Notes
5.60
11/22/2029
260,000
255,602
Blackstone Secured Lending Fund, Sr. Unscd. Notes
5.25
9/4/2029
600,000
590,275
Blue Owl Credit Income Corp., Sr. Unscd. Notes
6.65
3/15/2031
360,000
357,546
Blue Owl Finance LLC, Gtd. Notes
4.13
10/7/2051
100,000
65,933
Capital One Financial Corp., Sr. Unscd. Notes
3.80
1/31/2028
461,000
454,958
Capital One Financial Corp., Sr. Unscd. Notes
5.20
9/11/2036
200,000
191,151
Capital One Financial Corp., Sr. Unscd. Notes
5.27
5/10/2033
135,000
133,765
Capital One Financial Corp., Sr. Unscd. Notes
5.82
2/1/2034
243,000
245,937
Capital One Financial Corp., Sr. Unscd. Notes
6.38
6/8/2034
30,000
31,244
Capital One Financial Corp., Sr. Unscd. Notes
6.70
11/29/2032
60,000
64,354
Capital One Financial Corp., Sr. Unscd. Notes
7.96
11/2/2034
187,000
211,572
Capital One Financial Corp., Sub. Notes
2.36
7/29/2032
199,000
170,882
Capital One Financial Corp., Sub. Notes
6.18
1/30/2036
120,000
120,252
Capital Southwest Corp., Sr. Unscd. Notes
5.95
9/18/2030
200,000
198,135
Carlyle Secured Lending, Inc., Sr. Unscd. Notes
6.75
2/18/2030
500,000
499,793
CBOE Global Markets, Inc., Sr. Unscd. Notes
1.63
12/15/2030
95,000
82,165
CI Financial Corp., Sr. Unscd. Notes
3.20
12/17/2030
715,000
646,769
CME Group, Inc., Sr. Unscd. Notes
5.30
9/15/2043
450,000
427,240
Enact Holdings, Inc., Sr. Unscd. Notes
6.25
5/28/2029
50,000
51,252
Franklin BSP Capital Corp., Sr. Unscd. Notes
7.20
6/15/2029
100,000
102,075
Goldman Sachs Private Credit Corp., Sr. Unscd. Notes(b)
6.15
6/16/2031
488,000
481,322
Golub Capital Private Credit Fund, Sr. Unscd. Notes(b)
5.60
4/15/2031
120,000
114,515
Golub Capital Private Credit Fund, Sr. Unscd. Notes
5.88
5/1/2030
50,000
49,027
HPS Corporate Lending Fund, Sr. Unscd. Notes
5.45
11/15/2030
600,000
575,265
HPS Corporate Lending Fund, Sr. Unscd. Notes
5.95
4/14/2032
115,000
111,413
HPS Corporate Lending Fund, Sr. Unscd. Notes
6.75
1/30/2029
150,000
152,424
Intercontinental Exchange, Inc., Gtd. Notes
3.10
9/15/2027
45,000
44,337
Intercontinental Exchange, Inc., Sr. Unscd. Notes
2.65
9/15/2040
100,000
70,206
Intercontinental Exchange, Inc., Sr. Unscd. Notes
3.00
6/15/2050
399,000
246,755
Intercontinental Exchange, Inc., Sr. Unscd. Notes
3.00
9/15/2060
50,000
27,760
Intercontinental Exchange, Inc., Sr. Unscd. Notes
4.00
9/15/2027
801,000
797,151
Intercontinental Exchange, Inc., Sr. Unscd. Notes
4.25
9/21/2048
15,000
11,710
Intercontinental Exchange, Inc., Sr. Unscd. Notes
4.35
6/15/2029
307,000
303,837
Intercontinental Exchange, Inc., Sr. Unscd. Notes
5.25
6/15/2031
275,000
278,352
Jefferies Financial Group, Inc., Sr. Unscd. Debs.
6.25
1/15/2036
100,000
100,447
Jefferies Financial Group, Inc., Sr. Unscd. Notes
2.63
10/15/2031
250,000
216,496
Jefferies Financial Group, Inc., Sr. Unscd. Notes
2.75
10/15/2032
100,000
84,710
Jefferies Financial Group, Inc., Sr. Unscd. Notes
6.50
1/20/2043
50,000
49,012
22


Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Diversified Financials — 1.0% (continued)
Lazard Group LLC, Sr. Unscd. Notes
4.50
9/19/2028
10,000
9,936
LPL Holdings, Inc., Gtd. Notes
6.00
5/20/2034
50,000
50,340
LPL Holdings, Inc., Gtd. Notes
6.75
11/17/2028
295,000
305,843
Mastercard, Inc., Sr. Unscd. Notes
2.95
6/1/2029
200,000
191,444
Mastercard, Inc., Sr. Unscd. Notes
3.35
3/26/2030
48,000
45,803
Mastercard, Inc., Sr. Unscd. Notes
3.50
2/26/2028
130,000
128,239
Mastercard, Inc., Sr. Unscd. Notes
3.65
6/1/2049
325,000
231,622
Mastercard, Inc., Sr. Unscd. Notes
3.95
2/26/2048
60,000
45,307
Mastercard, Inc., Sr. Unscd. Notes(a)
4.88
3/9/2028
90,000
90,538
Mastercard, Inc., Sr. Unscd. Notes
4.88
5/9/2034
200,000
197,028
Nasdaq, Inc., Sr. Unscd. Notes
1.65
1/15/2031
55,000
47,838
Nasdaq, Inc., Sr. Unscd. Notes
3.25
4/28/2050
168,000
107,585
Nasdaq, Inc., Sr. Unscd. Notes
3.95
3/7/2052
22,000
15,666
Nasdaq, Inc., Sr. Unscd. Notes
5.55
2/15/2034
159,000
160,798
Nasdaq, Inc., Sr. Unscd. Notes
6.10
6/28/2063
50,000
48,522
Nomura Holdings, Inc., Sr. Unscd. Notes
2.61
7/14/2031
200,000
176,658
Nomura Holdings, Inc., Sr. Unscd. Notes
3.00
1/22/2032
395,000
351,891
Nomura Holdings, Inc., Sr. Unscd. Notes
6.07
7/12/2028
235,000
240,252
Nomura Holdings, Inc., Sub. Notes
5.04
6/10/2036
200,000
193,719
Oaktree Specialty Lending Corp., Sr. Unscd. Notes
6.34
2/27/2030
50,000
49,489
Oaktree Strategic Credit Fund, Sr. Unscd. Notes
8.40
11/14/2028
50,000
52,440
ORIX Corp., Sr. Unscd. Notes
4.00
4/13/2032
52,000
49,177
ORIX Corp., Sr. Unscd. Notes
4.45
9/9/2030
200,000
195,603
ORIX Corp., Sr. Unscd. Notes(a)
5.00
9/13/2027
65,000
65,246
Private Export Funding Corp., Govt. Gtd. Notes, Ser. PP
1.40
7/15/2028
50,000
47,106
Private Export Funding Corp., Govt. Gtd. Notes, Ser. SS
4.60
2/15/2034
250,000
247,160
Raymond James Financial, Inc., Sr. Unscd. Notes
3.75
4/1/2051
50,000
34,599
Raymond James Financial, Inc., Sr. Unscd. Notes
4.65
4/1/2030
372,000
369,827
Raymond James Financial, Inc., Sr. Unscd. Notes(a)
4.90
9/11/2035
150,000
143,139
Raymond James Financial, Inc., Sr. Unscd. Notes
4.95
7/15/2046
33,000
28,303
Raymond James Financial, Inc., Sr. Unscd. Notes(a)
5.65
9/11/2055
200,000
185,137
Sumisho Air Lease Corp., Sr. Unscd. Notes
2.10
9/1/2028
25,000
23,620
Sumisho Air Lease Corp., Sr. Unscd. Notes
3.00
2/1/2030
30,000
27,909
Sumisho Air Lease Corp., Sr. Unscd. Notes
3.13
12/1/2030
402,000
369,437
Sumisho Air Lease Corp., Sr. Unscd. Notes(b)
4.50
3/24/2029
700,000
691,713
Sumisho Air Lease Corp., Sr. Unscd. Notes
4.63
10/1/2028
111,000
110,327
Synchrony Financial, Sr. Unscd. Notes
5.45
3/6/2031
100,000
99,548
Synchrony Financial, Sr. Unscd. Notes
6.00
7/29/2036
50,000
49,290
The Charles Schwab Corp., Sr. Unscd. Notes
1.95
12/1/2031
200,000
172,412
The Charles Schwab Corp., Sr. Unscd. Notes(a)
2.30
5/13/2031
247,000
219,698
The Charles Schwab Corp., Sr. Unscd. Notes
2.75
10/1/2029
159,000
149,676
The Charles Schwab Corp., Sr. Unscd. Notes
4.91
11/14/2036
200,000
191,098
The Charles Schwab Corp., Sr. Unscd. Notes
5.49
5/21/2037
300,000
297,944
The Charles Schwab Corp., Sr. Unscd. Notes
5.85
5/19/2034
165,000
169,755
The Charles Schwab Corp., Sr. Unscd. Notes
6.14
8/24/2034
25,000
26,116
The Western Union Company, Sr. Unscd. Notes
2.75
3/15/2031
70,000
62,463
Visa, Inc., Sr. Unscd. Notes
1.10
2/15/2031
200,000
171,833
Visa, Inc., Sr. Unscd. Notes
2.05
4/15/2030
17,000
15,518
Visa, Inc., Sr. Unscd. Notes
2.70
4/15/2040
105,000
77,293
Visa, Inc., Sr. Unscd. Notes
3.65
9/15/2047
173,000
127,439
23

SCHEDULE OF INVESTMENTS (Unaudited) (continued)

Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Diversified Financials — 1.0% (continued)
Visa, Inc., Sr. Unscd. Notes
4.10
2/12/2031
15,000
14,706
Visa, Inc., Sr. Unscd. Notes
4.15
12/14/2035
174,000
162,659
Visa, Inc., Sr. Unscd. Notes
4.30
12/14/2045
102,000
84,066
Voya Financial, Inc., Gtd. Notes
4.80
6/15/2046
50,000
42,208
Voya Financial, Inc., Gtd. Notes
5.70
7/15/2043
50,000
47,502
 
22,468,150
Electronic Components — .1%
Allegion US Holding Co., Inc., Gtd. Notes
3.55
10/1/2027
90,000
88,956
Arrow Electronics, Inc., Sr. Unscd. Notes
2.95
2/15/2032
115,000
100,991
Emerson Electric Co., Sr. Unscd. Notes
1.95
10/15/2030
250,000
223,196
Emerson Electric Co., Sr. Unscd. Notes
2.20
12/21/2031
30,000
26,294
Emerson Electric Co., Sr. Unscd. Notes
2.80
12/21/2051
120,000
71,572
Fortive Corp., Sr. Unscd. Notes
4.30
6/15/2046
53,000
41,579
Honeywell International, Inc., Sr. Unscd. Notes
1.75
9/1/2031
275,000
236,561
Honeywell International, Inc., Sr. Unscd. Notes
1.95
6/1/2030
125,000
112,553
Honeywell International, Inc., Sr. Unscd. Notes
3.81
11/21/2047
110,000
81,043
Hubbell, Inc., Sr. Unscd. Notes
3.15
8/15/2027
155,000
152,912
Jabil, Inc., Sr. Unscd. Notes
3.95
1/12/2028
10,000
9,880
Keysight Technologies, Inc., Sr. Unscd. Notes
3.00
10/30/2029
88,000
83,073
nVent Finance Sarl, Gtd. Notes
2.75
11/15/2031
100,000
88,482
Tyco Electronics Group SA, Gtd. Notes
3.13
8/15/2027
345,000
340,463
Vontier Corp., Gtd. Notes
2.40
4/1/2028
40,000
38,409
Vontier Corp., Gtd. Notes
2.95
4/1/2031
215,000
194,048
 
1,890,012
Energy — 1.6%
APA Corp., Sr. Unscd. Notes
4.25
1/15/2030
44,000
42,921
APA Corp., Sr. Unscd. Notes
5.10
9/1/2040
27,000
24,308
APA Corp., Sr. Unscd. Notes
6.00
1/15/2037
100,000
99,749
Baker Hughes Holdings LLC, Sr. Unscd. Notes
5.13
9/15/2040
34,000
31,686
Baker Hughes Holdings LLC/Baker Hughes Co.-Obligor, Inc., Sr. Unscd. Notes
3.34
12/15/2027
200,000
196,966
Baker Hughes Holdings LLC/Baker Hughes Co-Obligor, Inc., Gtd. Notes
4.35
6/15/2031
1,000,000
971,734
Baker Hughes Holdings LLC/Baker Hughes Co-Obligor, Inc., Sr. Unscd. Notes
4.08
12/15/2047
75,000
57,140
Boardwalk Pipelines LP, Gtd. Notes
5.38
2/15/2036
200,000
194,960
BP Capital Markets America, Inc., Gtd. Notes
1.75
8/10/2030
366,000
325,537
BP Capital Markets America, Inc., Gtd. Notes
2.72
1/12/2032
250,000
222,814
BP Capital Markets America, Inc., Gtd. Notes
2.77
11/10/2050
166,000
97,389
BP Capital Markets America, Inc., Gtd. Notes
3.38
2/8/2061
200,000
122,326
BP Capital Markets America, Inc., Gtd. Notes
3.94
9/21/2028
120,000
118,396
BP Capital Markets America, Inc., Gtd. Notes
4.81
2/13/2033
79,000
77,397
BP Capital Markets America, Inc., Gtd. Notes
4.97
10/17/2029
500,000
503,437
BP Capital Markets America, Inc., Gtd. Notes
5.23
11/17/2034
200,000
199,875
BP Capital Markets PLC, Gtd. Notes
3.28
9/19/2027
460,000
454,628
Canadian Natural Resources Ltd., Sr. Unscd. Notes
2.95
7/15/2030
186,000
172,800
Canadian Natural Resources Ltd., Sr. Unscd. Notes
5.00
12/15/2029
200,000
201,031
Cenovus Energy, Inc., Sr. Unscd. Notes
3.75
2/15/2052
145,000
99,728
Cenovus Energy, Inc., Sr. Unscd. Notes
5.25
6/15/2037
27,000
25,637
Cenovus Energy, Inc., Sr. Unscd. Notes
6.75
11/15/2039
2,000
2,158
Cheniere Corpus Christi Holdings LLC, Sr. Scd. Notes
2.74
12/31/2039
10,000
8,374
Cheniere Energy Partners LP, Gtd. Notes
3.25
1/31/2032
117,000
105,752
Cheniere Energy Partners LP, Gtd. Notes
5.95
6/30/2033
325,000
334,618
24


Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Energy — 1.6% (continued)
Chevron Corp., Sr. Unscd. Notes
2.24
5/11/2030
40,000
36,603
Chevron Corp., Sr. Unscd. Notes
3.08
5/11/2050
175,000
111,752
Chevron USA, Inc., Gtd. Notes
3.25
10/15/2029
165,000
158,488
Chevron USA, Inc., Gtd. Notes
3.95
8/13/2027
200,000
199,441
Chevron USA, Inc., Gtd. Notes
4.05
8/13/2028
200,000
198,860
Chevron USA, Inc., Gtd. Notes
5.25
11/15/2043
85,000
80,934
ConocoPhillips, Gtd. Notes
4.88
10/1/2047
65,000
55,498
ConocoPhillips Co., Gtd. Notes
3.76
3/15/2042
355,000
276,820
ConocoPhillips Co., Gtd. Notes
4.03
3/15/2062
354,000
244,097
ConocoPhillips Co., Gtd. Notes
5.55
3/15/2054
298,000
274,591
ConocoPhillips Co., Gtd. Notes
5.65
1/15/2065
300,000
274,519
DCP Midstream Operating LP, Gtd. Notes
5.60
4/1/2044
56,000
51,634
Devon Energy Corp., Sr. Unscd. Notes
4.50
1/15/2030
254,000
251,006
Devon Energy Corp., Sr. Unscd. Notes
4.75
5/15/2042
75,000
64,481
Devon Energy Corp., Sr. Unscd. Notes
5.25
10/15/2027
30,000
30,005
Devon Energy Corp., Sr. Unscd. Notes
5.60
7/15/2041
145,000
139,102
Devon Energy Corp., Sr. Unscd. Notes
5.75
9/15/2054
450,000
414,539
Diamondback Energy, Inc., Gtd. Notes
3.50
12/1/2029
281,000
269,577
Diamondback Energy, Inc., Gtd. Notes
5.40
4/18/2034
300,000
299,224
Diamondback Energy, Inc., Gtd. Notes
6.25
3/15/2033
47,000
49,280
Eastern Gas Transmission & Storage, Inc., Sr. Unscd. Notes
4.80
11/1/2043
40,000
34,547
Enbridge Energy Partners LP, Gtd. Notes
5.50
9/15/2040
60,000
57,392
Enbridge, Inc., Gtd. Notes
4.00
11/15/2049
200,000
145,120
Enbridge, Inc., Gtd. Notes
5.50
12/1/2046
5,000
4,613
Enbridge, Inc., Gtd. Notes
5.70
3/8/2033
500,000
509,942
Enbridge, Inc., Sub. Notes
7.38
3/15/2055
95,000
99,040
Energy Transfer LP, Gtd. Notes
5.35
5/15/2045
103,000
90,075
Energy Transfer LP, Gtd. Notes, Ser. 20Y
5.80
6/15/2038
105,000
104,431
Energy Transfer LP, Sr. Unscd. Notes
4.90
3/15/2035
98,000
93,233
Energy Transfer LP, Sr. Unscd. Notes
4.95
6/15/2028
325,000
326,143
Energy Transfer LP, Sr. Unscd. Notes
5.00
5/15/2050
125,000
101,188
Energy Transfer LP, Sr. Unscd. Notes
5.30
4/1/2044
100,000
88,135
Energy Transfer LP, Sr. Unscd. Notes
5.30
4/15/2047
50,000
43,082
Energy Transfer LP, Sr. Unscd. Notes
5.40
10/1/2047
105,000
91,512
Energy Transfer LP, Sr. Unscd. Notes
5.55
5/15/2034
100,000
99,917
Energy Transfer LP, Sr. Unscd. Notes
5.60
9/1/2034
100,000
100,300
Energy Transfer LP, Sr. Unscd. Notes
5.95
10/1/2043
25,000
23,724
Energy Transfer LP, Sr. Unscd. Notes
6.10
12/1/2028
10,000
10,277
Energy Transfer LP, Sr. Unscd. Notes
6.20
4/1/2055
400,000
379,586
Energy Transfer LP, Sr. Unscd. Notes
6.25
4/15/2049
165,000
158,692
Energy Transfer LP, Sr. Unscd. Notes
6.40
12/1/2030
20,000
20,987
Energy Transfer LP, Sr. Unscd. Notes
6.50
2/1/2042
810,000
830,097
Energy Transfer LP, Sr. Unscd. Notes
6.55
12/1/2033
60,000
63,902
ENI USA, Inc., Gtd. Debs.
7.30
11/15/2027
10,000
10,323
Enterprise Products Operating LLC, Gtd. Bonds
6.45
9/1/2040
55,000
58,486
Enterprise Products Operating LLC, Gtd. Notes
2.80
1/31/2030
50,000
46,841
Enterprise Products Operating LLC, Gtd. Notes
3.20
2/15/2052
23,000
14,466
Enterprise Products Operating LLC, Gtd. Notes
3.70
1/31/2051
120,000
84,105
Enterprise Products Operating LLC, Gtd. Notes
3.95
1/31/2060
107,000
74,241
Enterprise Products Operating LLC, Gtd. Notes
4.15
10/16/2028
70,000
69,379
25

SCHEDULE OF INVESTMENTS (Unaudited) (continued)

Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Energy — 1.6% (continued)
Enterprise Products Operating LLC, Gtd. Notes
4.20
1/31/2050
50,000
38,440
Enterprise Products Operating LLC, Gtd. Notes
4.25
2/15/2048
260,000
203,874
Enterprise Products Operating LLC, Gtd. Notes
4.45
2/15/2043
40,000
33,683
Enterprise Products Operating LLC, Gtd. Notes
4.80
2/1/2049
328,000
276,518
Enterprise Products Operating LLC, Gtd. Notes
4.85
8/15/2042
225,000
200,524
Enterprise Products Operating LLC, Gtd. Notes
4.85
3/15/2044
40,000
35,085
Enterprise Products Operating LLC, Gtd. Notes
4.95
2/15/2035
352,000
343,181
Enterprise Products Operating LLC, Gtd. Notes
5.10
2/15/2045
95,000
85,243
Enterprise Products Operating LLC, Gtd. Notes
5.95
2/1/2041
134,000
135,967
Enterprise Products Operating LLC, Gtd. Notes, Ser. D
6.88
3/1/2033
329,000
360,038
EOG Resources, Inc., Sr. Unscd. Notes
4.40
1/15/2031
200,000
196,081
EOG Resources, Inc., Sr. Unscd. Notes
4.95
4/15/2050
115,000
97,973
EOG Resources, Inc., Sr. Unscd. Notes
5.00
7/15/2032
100,000
99,677
EOG Resources, Inc., Sr. Unscd. Notes
5.65
12/1/2054
200,000
186,846
EQT Corp., Sr. Unscd. Notes
3.90
10/1/2027
45,000
44,567
EQT Corp., Sr. Unscd. Notes
5.00
1/15/2029
262,000
262,535
EQT Corp., Sr. Unscd. Notes
7.00
2/1/2030
286,000
301,871
Equinor ASA, Gtd. Bonds
4.25
6/2/2028
402,000
400,725
Equinor ASA, Gtd. Debs.
7.25
9/23/2027
7,000
7,218
Exxon Mobil Corp., Gtd. Notes
2.44
8/16/2029
189,000
177,891
Exxon Mobil Corp., Gtd. Notes
2.61
10/15/2030
94,000
86,744
Exxon Mobil Corp., Gtd. Notes
3.10
8/16/2049
267,000
172,193
Exxon Mobil Corp., Gtd. Notes
3.45
4/15/2051
313,000
212,563
Exxon Mobil Corp., Gtd. Notes
3.48
3/19/2030
225,000
216,435
Exxon Mobil Corp., Gtd. Notes
4.23
3/19/2040
129,000
113,240
Exxon Mobil Corp., Gtd. Notes(a)
4.33
3/19/2050
180,000
143,320
Halliburton Co., Sr. Unscd. Bonds
7.45
9/15/2039
700,000
799,295
Halliburton Co., Sr. Unscd. Notes
4.50
11/15/2041
25,000
21,307
Halliburton Co., Sr. Unscd. Notes
4.75
8/1/2043
55,000
46,598
Halliburton Co., Sr. Unscd. Notes
4.85
11/15/2035
235,000
222,919
Helmerich & Payne, Inc., Gtd. Notes
4.65
12/1/2027
50,000
49,938
Helmerich & Payne, Inc., Sr. Unscd. Notes
4.85
12/1/2029
200,000
198,935
Hess Corp., Sr. Unscd. Bonds
7.88
10/1/2029
345,000
375,726
Hess Corp., Sr. Unscd. Notes
7.13
3/15/2033
20,000
22,204
HF Sinclair Corp., Sr. Unscd. Notes
5.00
2/1/2028
200,000
199,843
HF Sinclair Corp., Sr. Unscd. Notes
5.75
1/15/2031
50,000
50,829
Kinder Morgan Energy Partners LP, Gtd. Notes
5.00
3/1/2043
160,000
140,233
Kinder Morgan Energy Partners LP, Gtd. Notes
5.40
9/1/2044
100,000
90,497
Kinder Morgan Energy Partners LP, Gtd. Notes
5.50
3/1/2044
200,000
183,355
Kinder Morgan Energy Partners LP, Gtd. Notes
6.38
3/1/2041
50,000
51,473
Kinder Morgan Energy Partners LP, Gtd. Notes
6.95
1/15/2038
553,000
603,892
Kinder Morgan Energy Partners LP, Gtd. Notes
7.40
3/15/2031
55,000
60,198
Kinder Morgan Energy Partners LP, Gtd. Notes
7.75
3/15/2032
50,000
56,135
Kinder Morgan, Inc., Gtd. Notes
3.25
8/1/2050
95,000
59,620
Kinder Morgan, Inc., Gtd. Notes
3.60
2/15/2051
220,000
146,874
Kinder Morgan, Inc., Gtd. Notes
4.80
2/1/2033
60,000
58,462
Kinder Morgan, Inc., Gtd. Notes
5.45
8/1/2052
45,000
39,965
Kinder Morgan, Inc., Gtd. Notes
5.55
6/1/2045
125,000
115,438
Kinder Morgan, Inc., Sr. Unscd. Notes
5.40
2/1/2034
250,000
250,445
Marathon Petroleum Corp., Sr. Unscd. Notes
3.80
4/1/2028
88,000
86,780
26


Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Energy — 1.6% (continued)
Marathon Petroleum Corp., Sr. Unscd. Notes
4.50
4/1/2048
90,000
70,430
Marathon Petroleum Corp., Sr. Unscd. Notes
4.75
9/15/2044
50,000
42,064
Marathon Petroleum Corp., Sr. Unscd. Notes
6.50
3/1/2041
30,000
31,366
MPLX LP, Sr. Unscd. Notes
2.65
8/15/2030
200,000
182,888
MPLX LP, Sr. Unscd. Notes
4.00
3/15/2028
150,000
148,319
MPLX LP, Sr. Unscd. Notes
4.70
4/15/2048
20,000
15,965
MPLX LP, Sr. Unscd. Notes
4.90
4/15/2058
55,000
43,441
MPLX LP, Sr. Unscd. Notes
4.95
9/1/2032
115,000
113,064
MPLX LP, Sr. Unscd. Notes
4.95
3/14/2052
100,000
80,862
MPLX LP, Sr. Unscd. Notes
5.00
3/1/2033
362,000
354,208
MPLX LP, Sr. Unscd. Notes
5.20
3/1/2047
50,000
43,140
MPLX LP, Sr. Unscd. Notes
5.20
12/1/2047
150,000
128,909
MPLX LP, Sr. Unscd. Notes
5.40
9/15/2035
270,000
264,672
MPLX LP, Sr. Unscd. Notes
5.50
2/15/2049
570,000
503,990
MPLX LP, Sr. Unscd. Notes
5.65
3/1/2053
50,000
44,700
NOV, Inc., Sr. Unscd. Notes
3.60
12/1/2029
95,000
91,118
Occidental Petroleum Corp., Sr. Unscd. Notes
6.20
3/15/2040
250,000
252,012
Occidental Petroleum Corp., Sr. Unscd. Notes
6.60
3/15/2046
90,000
92,032
Occidental Petroleum Corp., Sr. Unscd. Notes
6.63
9/1/2030
79,000
82,848
Occidental Petroleum Corp., Sr. Unscd. Notes
7.88
9/15/2031
392,000
437,415
Occidental Petroleum Corp., Sr. Unscd. Notes
7.95
6/15/2039
50,000
57,819
Occidental Petroleum Corp., Sr. Unscd. Notes
8.88
7/15/2030
50,000
55,781
ONEOK Partners LP, Gtd. Notes
6.20
9/15/2043
15,000
14,804
ONEOK, Inc., Gtd. Bonds
4.25
9/15/2046
60,000
45,015
ONEOK, Inc., Gtd. Notes
4.20
10/3/2047
150,000
110,838
ONEOK, Inc., Gtd. Notes
5.15
10/15/2043
460,000
402,584
ONEOK, Inc., Gtd. Notes
5.20
7/15/2048
75,000
63,830
ONEOK, Inc., Gtd. Notes
5.38
6/1/2029
65,000
65,778
ONEOK, Inc., Gtd. Notes
5.40
10/15/2035
200,000
195,810
ONEOK, Inc., Gtd. Notes
5.45
6/1/2047
200,000
175,219
ONEOK, Inc., Gtd. Notes
5.70
11/1/2054
250,000
221,544
ONEOK, Inc., Gtd. Notes
6.05
9/1/2033
100,000
103,110
ONEOK, Inc., Gtd. Notes
6.25
10/15/2055
100,000
95,616
Ovintiv, Inc., Gtd. Bonds
7.20
11/1/2031
50,000
54,183
Ovintiv, Inc., Gtd. Notes
6.25
7/15/2033
365,000
379,820
Patterson-UTI Energy, Inc., Sr. Unscd. Notes
7.15
10/1/2033
60,000
63,657
Phillips 66 Co., Gtd. Notes
3.30
3/15/2052
75,000
46,878
Phillips 66 Co., Gtd. Notes
4.68
2/15/2045
325,000
269,046
Phillips 66 Co., Gtd. Notes
4.90
10/1/2046
10,000
8,443
Phillips 66 Co., Gtd. Notes(a)
5.50
3/15/2055
110,000
98,245
Phillips 66 Co., Gtd. Notes, Ser. B
6.20
3/15/2056
560,000
557,378
Pioneer Natural Resources Co., Sr. Unscd. Notes
1.90
8/15/2030
610,000
544,492
Pioneer Natural Resources Co., Sr. Unscd. Notes
2.15
1/15/2031
101,000
90,011
Plains All American Pipeline LP/PAA Finance Corp., Sr. Unscd. Notes
4.90
2/15/2045
200,000
170,167
Plains All American Pipeline LP/PAA Finance Corp., Sr. Unscd. Notes
5.15
6/1/2042
40,000
35,642
Sabine Pass Liquefaction LLC, Sr. Scd. Notes
4.20
3/15/2028
100,000
99,266
Sabine Pass Liquefaction LLC, Sr. Scd. Notes
5.90
9/15/2037
157,643
162,574
Schlumberger Investment SA, Gtd. Notes
5.15
5/7/2036
500,000
488,773
Shell Finance US, Inc., Gtd. Notes
2.38
11/7/2029
814,000
758,957
Shell Finance US, Inc., Gtd. Notes
3.00
11/26/2051
235,000
144,869
27

SCHEDULE OF INVESTMENTS (Unaudited) (continued)

Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Energy — 1.6% (continued)
Shell Finance US, Inc., Gtd. Notes
3.13
11/7/2049
110,000
70,374
Shell Finance US, Inc., Gtd. Notes
3.75
9/12/2046
35,000
25,884
Shell Finance US, Inc., Gtd. Notes
3.88
11/13/2028
214,000
211,222
Shell Finance US, Inc., Gtd. Notes
4.00
5/10/2046
300,000
230,334
Shell Finance US, Inc., Gtd. Notes
4.13
11/6/2030
200,000
195,148
Shell Finance US, Inc., Gtd. Notes
4.38
5/11/2045
160,000
130,665
Shell Finance US, Inc., Gtd. Notes
4.75
1/6/2036
200,000
192,249
South Bow USA Infrastructure Holdings LLC, Gtd. Notes
5.58
10/1/2034
100,000
98,275
Spectra Energy Partners LP, Gtd. Notes
4.50
3/15/2045
195,000
157,840
Suncor Energy, Inc., Sr. Unscd. Notes
4.00
11/15/2047
180,000
132,146
Suncor Energy, Inc., Sr. Unscd. Notes
6.80
5/15/2038
39,000
41,997
Targa Resources Corp., Gtd. Notes
6.13
3/15/2033
180,000
186,943
Targa Resources Corp., Gtd. Notes
6.15
3/1/2029
50,000
51,495
Targa Resources Corp., Gtd. Notes
6.50
2/15/2053
195,000
195,353
Targa Resources Partners LP/Targa Resources Partners Finance Corp., Gtd.
Notes
4.88
2/1/2031
250,000
247,042
Targa Resources Partners LP/Targa Resources Partners Finance Corp., Gtd.
Notes
5.50
3/1/2030
50,000
50,318
Texas Eastern Transmission LP, Sr. Unscd. Notes
7.00
7/15/2032
25,000
27,148
The Williams Companies, Inc., Sr. Unscd. Notes
2.60
3/15/2031
175,000
156,973
The Williams Companies, Inc., Sr. Unscd. Notes
3.50
10/15/2051
65,000
42,711
The Williams Companies, Inc., Sr. Unscd. Notes
4.65
8/15/2032
136,000
132,315
The Williams Companies, Inc., Sr. Unscd. Notes
4.80
11/15/2029
35,000
34,972
The Williams Companies, Inc., Sr. Unscd. Notes
4.85
3/1/2048
207,000
171,954
The Williams Companies, Inc., Sr. Unscd. Notes
4.90
1/15/2045
50,000
42,519
The Williams Companies, Inc., Sr. Unscd. Notes
5.10
9/15/2045
175,000
152,489
The Williams Companies, Inc., Sr. Unscd. Notes
5.30
8/15/2028
100,000
101,110
The Williams Companies, Inc., Sr. Unscd. Notes
5.30
8/15/2052
105,000
90,979
The Williams Companies, Inc., Sr. Unscd. Notes
5.65
3/15/2033
10,000
10,148
The Williams Companies, Inc., Sr. Unscd. Notes
6.30
4/15/2040
389,000
401,114
TotalEnergies Capital International SA, Gtd. Notes
2.83
1/10/2030
185,000
173,974
TotalEnergies Capital International SA, Gtd. Notes
2.99
6/29/2041
230,000
166,972
TotalEnergies Capital International SA, Gtd. Notes
3.13
5/29/2050
100,000
63,321
TotalEnergies Capital International SA, Gtd. Notes
3.39
6/29/2060
50,000
30,923
TotalEnergies Capital SA, Gtd. Notes
4.72
9/10/2034
100,000
97,185
TotalEnergies Capital SA, Gtd. Notes
5.15
4/5/2034
500,000
499,334
TotalEnergies Capital SA, Gtd. Notes
5.43
9/10/2064
100,000
88,953
TransCanada PipeLines Ltd., Jr. Sub. Notes
7.00
6/1/2065
50,000
51,284
TransCanada PipeLines Ltd., Sr. Unscd. Bonds
6.10
6/1/2040
25,000
25,449
TransCanada PipeLines Ltd., Sr. Unscd. Notes
4.10
4/15/2030
225,000
218,387
TransCanada PipeLines Ltd., Sr. Unscd. Notes
4.25
5/15/2028
161,000
159,873
TransCanada PipeLines Ltd., Sr. Unscd. Notes
5.10
3/15/2049
230,000
207,141
TransCanada PipeLines Ltd., Sr. Unscd. Notes
5.85
3/15/2036
50,000
50,983
TransCanada PipeLines Ltd., Sr. Unscd. Notes
7.25
8/15/2038
200,000
223,690
Transcontinental Gas Pipe Line Co. LLC, Sr. Unscd. Notes
4.00
3/15/2028
53,000
52,492
Transcontinental Gas Pipe Line Co. LLC, Sr. Unscd. Notes
4.45
8/1/2042
40,000
33,464
Valero Energy Corp., Sr. Unscd. Notes
2.80
12/1/2031
207,000
185,045
Valero Energy Corp., Sr. Unscd. Notes
3.65
12/1/2051
80,000
53,688
Valero Energy Corp., Sr. Unscd. Notes
4.35
6/1/2028
250,000
248,677
Valero Energy Corp., Sr. Unscd. Notes
6.63
6/15/2037
36,000
38,786
28


Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Energy — 1.6% (continued)
Viper Energy Partners LLC, Gtd. Bonds
4.90
8/1/2030
200,000
197,660
Western Midstream Operating LP, Sr. Unscd. Notes
4.05
2/1/2030
50,000
48,224
Western Midstream Operating LP, Sr. Unscd. Notes
5.25
2/1/2050
60,000
49,869
Western Midstream Operating LP, Sr. Unscd. Notes
5.50
12/15/2035
300,000
291,449
Western Midstream Operating LP, Sr. Unscd. Notes
5.50
8/15/2048
50,000
42,894
Western Midstream Operating LP, Sr. Unscd. Notes
6.15
4/1/2033
154,000
158,480
Woodside Finance Ltd., Gtd. Notes
5.70
5/19/2032
100,000
101,992
Woodside Finance Ltd., Gtd. Notes
5.70
9/12/2054
200,000
183,153
 
36,297,632
Environmental Control — .1%
Republic Services, Inc., Sr. Unscd. Notes
3.38
11/15/2027
33,000
32,563
Republic Services, Inc., Sr. Unscd. Notes
4.88
4/1/2029
100,000
100,426
Republic Services, Inc., Sr. Unscd. Notes
5.00
11/15/2029
324,000
326,797
Republic Services, Inc., Sr. Unscd. Notes
5.00
4/1/2034
55,000
54,342
Veralto Corp., Gtd. Notes
5.35
9/18/2028
15,000
15,167
Veralto Corp., Gtd. Notes
5.45
9/18/2033
125,000
125,972
Waste Connections, Inc., Sr. Unscd. Notes
4.20
1/15/2033
200,000
189,825
Waste Connections, Inc., Sr. Unscd. Notes
5.00
3/1/2034
91,000
89,611
Waste Management, Inc., Gtd. Notes
1.15
3/15/2028
311,000
295,129
Waste Management, Inc., Gtd. Notes(a)
2.00
6/1/2029
74,000
68,960
Waste Management, Inc., Gtd. Notes
2.50
11/15/2050
20,000
11,426
Waste Management, Inc., Gtd. Notes
3.88
1/15/2029
100,000
98,218
Waste Management, Inc., Gtd. Notes
4.15
4/15/2032
46,000
44,373
Waste Management, Inc., Gtd. Notes
4.15
7/15/2049
100,000
77,831
Waste Management, Inc., Gtd. Notes
4.88
2/15/2029
100,000
100,540
Waste Management, Inc., Gtd. Notes
4.95
3/15/2035
44,000
43,126
Waste Management, Inc., Gtd. Notes
5.35
10/15/2054
85,000
78,277
 
1,752,583
Financials — .0%
Brookfield Capital Finance LLC, Gtd. Notes
6.09
6/14/2033
10,000
10,296
Brookfield Finance LLC/Brookfield Finance, Inc., Gtd. Notes
3.45
4/15/2050
280,000
181,188
Brookfield Finance, Inc., Gtd. Notes
3.63
2/15/2052
50,000
33,001
Brookfield Finance, Inc., Gtd. Notes
5.68
1/15/2035
275,000
274,320
KKR & Co., Inc., Gtd. Notes
5.10
8/7/2035
100,000
95,169
The Carlyle Group, Inc., Gtd. Notes(a)
5.05
9/19/2035
135,000
128,142
 
722,116
Food Products — .3%
Ahold Finance USA LLC, Gtd. Notes
6.88
5/1/2029
25,000
26,290
Conagra Brands, Inc., Sr. Unscd. Notes
5.00
8/1/2030
100,000
98,864
Conagra Brands, Inc., Sr. Unscd. Notes
5.40
11/1/2048
125,000
105,533
Flowers Foods, Inc., Sr. Unscd. Notes
6.20
3/15/2055
150,000
119,020
General Mills, Inc., Sr. Unscd. Notes
4.20
4/17/2028
225,000
223,236
General Mills, Inc., Sr. Unscd. Notes
4.88
1/30/2030
755,000
753,058
General Mills, Inc., Sr. Unscd. Notes(a)
5.25
1/30/2035
280,000
275,430
General Mills, Inc., Sr. Unscd. Notes
5.50
10/17/2028
18,000
18,308
Hormel Foods Corp., Sr. Unscd. Notes
1.80
6/11/2030
40,000
35,759
JBS NV/JBS USA Foods Group Holdings, Inc./JBS USA Food Co. Holdings, Sr.
Unscd. Notes
5.75
4/1/2033
123,000
124,704
JBS NV/JBS USA Foods Group Holdings, Inc./JBS USA Food Co. Holdings, Sr.
Unscd. Notes(b)
6.40
5/10/2057
200,000
190,374
29

SCHEDULE OF INVESTMENTS (Unaudited) (continued)

Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Food Products — .3% (continued)
JBS NV/JBS USA Foods Group Holdings, Inc./JBS USA Food Co. Holdings, Sr.
Unscd. Notes, Ser. Emtn
5.50
1/15/2036
600,000
586,513
Kellanova, Sr. Unscd. Notes
2.10
6/1/2030
25,000
22,627
Kellanova, Sr. Unscd. Notes
4.30
5/15/2028
77,000
76,711
Kellanova, Sr. Unscd. Notes
4.50
4/1/2046
30,000
24,740
Kellanova, Sr. Unscd. Notes
5.25
3/1/2033
60,000
60,127
Kraft Heinz Foods Co., Gtd. Notes
4.25
3/1/2031
146,000
141,464
Kraft Heinz Foods Co., Gtd. Notes
4.38
6/1/2046
42,000
32,283
Kraft Heinz Foods Co., Gtd. Notes
4.88
10/1/2049
85,000
68,633
Kraft Heinz Foods Co., Gtd. Notes
5.00
6/4/2042
65,000
56,204
Kraft Heinz Foods Co., Gtd. Notes
5.20
7/15/2045
350,000
301,054
Kraft Heinz Foods Co., Gtd. Notes
6.88
1/26/2039
195,000
208,428
McCormick & Co., Inc., Sr. Unscd. Notes
1.85
2/15/2031
15,000
13,101
Mondelez International, Inc., Sr. Unscd. Notes
2.75
4/13/2030
350,000
324,902
Pilgrim’s Pride Corp., Gtd. Notes
3.50
3/1/2032
560,000
504,090
Pilgrim’s Pride Corp., Gtd. Notes
6.25
7/1/2033
24,000
24,691
Sysco Corp., Gtd. Notes
3.30
2/15/2050
36,000
22,961
Sysco Corp., Gtd. Notes
4.85
10/1/2045
205,000
172,492
Sysco Corp., Gtd. Notes(a)
5.75
1/17/2029
50,000
51,047
Sysco Corp., Gtd. Notes
5.95
4/1/2030
52,000
53,436
Sysco Corp., Gtd. Notes
6.00
1/17/2034
52,000
53,682
Sysco Corp., Gtd. Notes
6.60
4/1/2040
50,000
52,599
Sysco Corp., Gtd. Notes
6.60
4/1/2050
20,000
20,371
The Campbell’s Comapny, Sr. Unscd. Notes
5.20
3/21/2029
400,000
402,002
The Campbell’s Comapny, Sr. Unscd. Notes
5.40
3/21/2034
130,000
125,512
The Hershey Company, Sr. Unscd. Notes
1.70
6/1/2030
50,000
44,713
The Hershey Company, Sr. Unscd. Notes
4.25
5/4/2028
90,000
89,648
The Hershey Company, Sr. Unscd. Notes
4.55
2/24/2028
200,000
200,488
The Hershey Company, Sr. Unscd. Notes
4.75
2/24/2030
200,000
200,430
The Hershey Company, Sr. Unscd. Notes
5.10
2/24/2035
100,000
100,041
The J.M. Smucker Company, Sr. Unscd. Notes
2.38
3/15/2030
89,000
81,675
The J.M. Smucker Company, Sr. Unscd. Notes
5.90
11/15/2028
85,000
87,147
The J.M. Smucker Company, Sr. Unscd. Notes
6.50
11/15/2043
15,000
15,587
The Kroger Company, Sr. Unscd. Notes
1.70
1/15/2031
175,000
152,505
The Kroger Company, Sr. Unscd. Notes
3.70
8/1/2027
124,000
123,092
The Kroger Company, Sr. Unscd. Notes
3.95
1/15/2050
175,000
125,603
The Kroger Company, Sr. Unscd. Notes(a)
5.50
9/15/2054
335,000
300,429
Tyson Foods, Inc., Sr. Unscd. Bonds
5.15
8/15/2044
34,000
30,283
Tyson Foods, Inc., Sr. Unscd. Notes
4.35
3/1/2029
138,000
136,480
Tyson Foods, Inc., Sr. Unscd. Notes
5.10
9/28/2048
105,000
90,360
Tyson Foods, Inc., Sr. Unscd. Notes
5.70
3/15/2034
433,000
439,471
 
7,588,198
Forest Products & Paper — .0%
Celulosa Arauco y Constitucion SA, Sr. Unscd. Notes
5.50
11/2/2047
180,000
154,106
International Paper Co., Sr. Unscd. Notes
4.80
6/15/2044
113,000
95,039
International Paper Co., Sr. Unscd. Notes
5.00
9/15/2035
200,000
191,969
Suzano Austria GmbH, Gtd. Notes
3.13
1/15/2032
170,000
149,224
Suzano Austria GmbH, Gtd. Notes
5.00
1/15/2030
187,000
183,249
30


Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Forest Products & Paper — .0% (continued)
Suzano Austria GmbH, Gtd. Notes
6.00
1/15/2029
35,000
35,487
Suzano Netherlands BV, Gtd. Notes
5.50
1/15/2036
65,000
62,142
 
871,216
Health Care — 2.6%
Abbott Laboratories, Sr. Unscd. Notes
1.15
1/30/2028
123,000
117,394
Abbott Laboratories, Sr. Unscd. Notes
4.65
3/15/2036
1,200,000
1,139,913
Abbott Laboratories, Sr. Unscd. Notes
4.75
11/30/2036
55,000
52,483
Abbott Laboratories, Sr. Unscd. Notes
4.90
11/30/2046
257,000
226,868
Abbott Laboratories, Sr. Unscd. Notes
5.50
3/15/2056
200,000
186,460
Abbott Laboratories, Sr. Unscd. Notes
6.00
4/1/2039
25,000
26,210
AbbVie, Inc., Sr. Unscd. Notes
3.20
11/21/2029
145,000
138,217
AbbVie, Inc., Sr. Unscd. Notes
4.05
11/21/2039
221,000
188,878
AbbVie, Inc., Sr. Unscd. Notes
4.25
11/14/2028
100,000
99,376
AbbVie, Inc., Sr. Unscd. Notes
4.25
11/21/2049
806,000
627,411
AbbVie, Inc., Sr. Unscd. Notes
4.30
5/14/2036
627,000
579,129
AbbVie, Inc., Sr. Unscd. Notes
4.50
5/14/2035
157,000
148,316
AbbVie, Inc., Sr. Unscd. Notes
4.70
5/14/2045
269,000
230,340
AbbVie, Inc., Sr. Unscd. Notes
4.75
3/15/2045
120,000
103,374
AbbVie, Inc., Sr. Unscd. Notes
4.95
3/15/2031
610,000
612,634
AbbVie, Inc., Sr. Unscd. Notes
5.20
3/15/2035
200,000
199,229
AbbVie, Inc., Sr. Unscd. Notes
5.35
3/15/2044
45,000
42,285
AbbVie, Inc., Sr. Unscd. Notes
5.60
3/15/2055
250,000
235,341
Adventist Health System, Bonds
3.63
3/1/2049
207,000
138,552
Advocate Health & Hospitals Corp., Sr. Unscd. Bonds
3.83
8/15/2028
50,000
49,321
Advocate Health & Hospitals Corp., Unscd. Notes, Ser. 2020
2.21
6/15/2030
18,000
16,344
Aetna, Inc., Sr. Unscd. Notes
4.75
3/15/2044
35,000
29,053
Aetna, Inc., Sr. Unscd. Notes
6.63
6/15/2036
295,000
314,958
Agilent Technologies, Inc., Sr. Unscd. Notes
2.30
3/12/2031
147,000
130,792
Agilent Technologies, Inc., Sr. Unscd. Notes
2.75
9/15/2029
100,000
94,007
AHS Hospital Corp., Sr. Unscd. Bonds, Ser. 2021
2.78
7/1/2051
215,000
126,782
Allina Health System, Unscd. Bonds, Ser. 2019
3.89
4/15/2049
315,000
231,879
Amgen, Inc., Sr. Unscd. Notes
2.00
1/15/2032
450,000
385,358
Amgen, Inc., Sr. Unscd. Notes
3.00
2/22/2029
180,000
172,700
Amgen, Inc., Sr. Unscd. Notes
3.00
1/15/2052
200,000
122,084
Amgen, Inc., Sr. Unscd. Notes
3.35
2/22/2032
135,000
123,968
Amgen, Inc., Sr. Unscd. Notes
4.05
8/18/2029
285,000
279,525
Amgen, Inc., Sr. Unscd. Notes
4.20
2/19/2031
200,000
194,207
Amgen, Inc., Sr. Unscd. Notes
4.20
3/1/2033
286,000
270,777
Amgen, Inc., Sr. Unscd. Notes
4.40
5/1/2045
75,000
60,997
Amgen, Inc., Sr. Unscd. Notes
4.56
6/15/2048
198,000
160,108
Amgen, Inc., Sr. Unscd. Notes
4.66
6/15/2051
93,000
75,106
Amgen, Inc., Sr. Unscd. Notes
5.15
3/2/2028
240,000
241,866
Amgen, Inc., Sr. Unscd. Notes
5.25
3/2/2030
197,000
199,377
Amgen, Inc., Sr. Unscd. Notes
5.60
3/2/2043
612,000
586,646
Amgen, Inc., Sr. Unscd. Notes
5.65
3/2/2053
415,000
386,018
Amgen, Inc., Sr. Unscd. Notes(a)
5.65
2/19/2056
300,000
279,957
Amgen, Inc., Sr. Unscd. Notes
5.75
3/2/2063
115,000
106,089
Ascension Health, Sr. Unscd. Bonds, Ser. B
2.53
11/15/2029
45,000
42,029
Ascension Health, Sr. Unscd. Notes
3.95
11/15/2046
66,000
50,883
Ascension Health, Unscd. Notes
4.85
11/15/2053
25,000
21,690
31

SCHEDULE OF INVESTMENTS (Unaudited) (continued)

Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Health Care — 2.6% (continued)
Astrazeneca Finance LLC, Gtd. Notes
4.60
3/2/2036
900,000
853,670
AstraZeneca Finance LLC, Gtd. Notes
1.75
5/28/2028
160,000
152,573
AstraZeneca Finance LLC, Gtd. Notes
4.85
2/26/2029
400,000
402,489
AstraZeneca Finance LLC, Gtd. Notes
4.88
3/3/2028
175,000
176,150
AstraZeneca PLC, Sr. Unscd. Notes
4.00
9/18/2042
90,000
73,528
AstraZeneca PLC, Sr. Unscd. Notes
4.38
11/16/2045
90,000
75,322
Baxter International, Inc., Sr. Unscd. Notes
2.27
12/1/2028
30,000
28,186
Baxter International, Inc., Sr. Unscd. Notes
2.54
2/1/2032
125,000
106,875
Baxter International, Inc., Sr. Unscd. Notes
3.13
12/1/2051
65,000
37,155
Baxter International, Inc., Sr. Unscd. Notes
5.65
12/15/2035
400,000
391,030
Baylor Scott & White Holdings, Unscd. Bonds, Ser. 2021
2.84
11/15/2050
90,000
54,524
Becton, Dickinson & Co., Sr. Unscd. Notes
1.96
2/11/2031
120,000
105,270
Becton, Dickinson & Co., Sr. Unscd. Notes
2.82
5/20/2030
120,000
111,221
Becton, Dickinson & Co., Sr. Unscd. Notes
4.69
2/13/2028
319,000
319,244
Biogen, Inc., Sr. Unscd. Notes
2.25
5/1/2030
75,000
68,041
Biogen, Inc., Sr. Unscd. Notes
3.15
5/1/2050
183,000
114,225
BIO-RAD Laboratories, Inc., Sr. Unscd. Notes
3.70
3/15/2032
66,000
60,957
Bon Secours Mercy Health, Inc., Scd. Notes
3.46
6/1/2030
170,000
162,514
Boston Scientific Corp., Sr. Unscd. Notes
2.65
6/1/2030
25,000
23,082
Boston Scientific Corp., Sr. Unscd. Notes(a)
4.70
3/1/2049
80,000
68,022
Bristol-Myers Squibb Co., Sr. Unscd. Notes
1.13
11/13/2027
150,000
144,122
Bristol-Myers Squibb Co., Sr. Unscd. Notes
2.95
3/15/2032
250,000
225,971
Bristol-Myers Squibb Co., Sr. Unscd. Notes
3.40
7/26/2029
229,000
221,546
Bristol-Myers Squibb Co., Sr. Unscd. Notes
3.55
3/15/2042
510,000
390,967
Bristol-Myers Squibb Co., Sr. Unscd. Notes
3.70
3/15/2052
245,000
170,169
Bristol-Myers Squibb Co., Sr. Unscd. Notes
4.25
10/26/2049
365,000
282,345
Bristol-Myers Squibb Co., Sr. Unscd. Notes
4.35
11/15/2047
100,000
79,652
Bristol-Myers Squibb Co., Sr. Unscd. Notes
4.55
2/20/2048
28,000
22,872
Bristol-Myers Squibb Co., Sr. Unscd. Notes
5.10
2/22/2031
400,000
404,284
Cardinal Health, Inc., Sr. Unscd. Notes
4.50
11/15/2044
120,000
97,482
Cardinal Health, Inc., Sr. Unscd. Notes
4.60
3/15/2043
25,000
20,995
Cardinal Health, Inc., Sr. Unscd. Notes
4.90
9/15/2045
90,000
77,185
Cardinal Health, Inc., Sr. Unscd. Notes
5.15
9/15/2035
100,000
97,699
Cardinal Health, Inc., Sr. Unscd. Notes
5.35
11/15/2034
200,000
198,614
Cencora, Inc., Sr. Unscd. Notes
2.80
5/15/2030
75,000
69,544
Cencora, Inc., Sr. Unscd. Notes
3.45
12/15/2027
150,000
147,792
Cencora, Inc., Sr. Unscd. Notes
4.30
12/15/2047
50,000
39,397
Cencora, Inc., Sr. Unscd. Notes
5.65
2/13/2056
600,000
564,491
Children’s Hospital, Unscd. Bonds, Ser. 2020
2.93
7/15/2050
50,000
30,904
City of Hope, Sr. Scd. Notes, Ser. 2013
5.62
11/15/2043
145,000
137,469
CommonSpirit Health, Sr. Scd. Bonds
2.78
10/1/2030
227,000
208,010
CommonSpirit Health, Sr. Scd. Bonds
3.35
10/1/2029
60,000
57,241
CommonSpirit Health, Sr. Scd. Bonds
3.91
10/1/2050
95,000
67,696
CommonSpirit Health, Sr. Scd. Bonds
4.19
10/1/2049
410,000
307,484
CommonSpirit Health, Sr. Scd. Notes
6.46
11/1/2052
50,000
51,711
Community Health Network, Inc., Unscd. Bonds, Ser. 20A
3.10
5/1/2050
65,000
39,667
Corewell Health Obligated Group, Sr. Unscd. Bonds, Ser. 19A
3.49
7/15/2049
135,000
92,797
Cottage Health Obligated Group, Scd. Bonds, Ser. 2020
3.30
11/1/2049
275,000
182,719
CVS Health Corp., Sr. Unscd. Notes
1.88
2/28/2031
70,000
60,965
CVS Health Corp., Sr. Unscd. Notes
2.13
9/15/2031
550,000
476,899
32


Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Health Care — 2.6% (continued)
CVS Health Corp., Sr. Unscd. Notes
3.25
8/15/2029
362,000
345,704
CVS Health Corp., Sr. Unscd. Notes
3.75
4/1/2030
15,000
14,401
CVS Health Corp., Sr. Unscd. Notes
4.13
4/1/2040
9,000
7,465
CVS Health Corp., Sr. Unscd. Notes
4.30
3/25/2028
365,000
362,807
CVS Health Corp., Sr. Unscd. Notes
5.05
3/25/2048
125,000
105,656
CVS Health Corp., Sr. Unscd. Notes
5.13
2/21/2030
50,000
50,250
CVS Health Corp., Sr. Unscd. Notes
5.13
7/20/2045
353,000
306,875
CVS Health Corp., Sr. Unscd. Notes
5.25
1/30/2031
204,000
205,850
CVS Health Corp., Sr. Unscd. Notes
5.30
6/1/2033
870,000
867,289
CVS Health Corp., Sr. Unscd. Notes
5.45
9/15/2035
200,000
197,945
CVS Health Corp., Sr. Unscd. Notes
5.88
6/1/2053
25,000
23,255
CVS Health Corp., Sr. Unscd. Notes
6.00
6/1/2044
500,000
483,271
CVS Health Corp., Sr. Unscd. Notes
6.25
9/15/2065
300,000
288,204
Danaher Corp., Sr. Unscd. Notes
2.80
12/10/2051
95,000
56,061
Danaher Corp., Sr. Unscd. Notes
4.38
9/15/2045
65,000
53,320
DENTSPLY SIRONA, Inc., Sr. Unscd. Notes
3.25
6/1/2030
50,000
46,236
DH Europe Finance II Sarl, Gtd. Notes
3.25
11/15/2039
129,000
100,607
Dignity Health, Unscd. Bonds
4.50
11/1/2042
45,000
37,750
Edwards Lifesciences Corp., Sr. Unscd. Notes
4.30
6/15/2028
338,000
335,862
Elevance Health, Inc., Sr. Unscd. Notes
2.55
3/15/2031
70,000
62,983
Elevance Health, Inc., Sr. Unscd. Notes
3.60
3/15/2051
185,000
123,967
Elevance Health, Inc., Sr. Unscd. Notes
4.10
3/1/2028
208,000
206,298
Elevance Health, Inc., Sr. Unscd. Notes
4.38
12/1/2047
428,000
334,628
Elevance Health, Inc., Sr. Unscd. Notes
4.55
3/1/2048
388,000
311,099
Elevance Health, Inc., Sr. Unscd. Notes
4.65
8/15/2044
89,000
74,199
Elevance Health, Inc., Sr. Unscd. Notes
4.75
2/15/2033
550,000
534,076
Elevance Health, Inc., Sr. Unscd. Notes
5.50
10/15/2032
100,000
101,626
Elevance Health, Inc., Sr. Unscd. Notes
5.85
11/1/2064
45,000
41,828
Eli Lilly & Co., Sr. Unscd. Notes
2.50
9/15/2060
43,000
21,829
Eli Lilly & Co., Sr. Unscd. Notes
3.38
3/15/2029
165,000
160,354
Eli Lilly & Co., Sr. Unscd. Notes
4.00
10/15/2028
95,000
94,182
Eli Lilly & Co., Sr. Unscd. Notes
4.15
5/20/2029
300,000
297,021
Eli Lilly & Co., Sr. Unscd. Notes
4.70
2/9/2034
750,000
732,886
Eli Lilly & Co., Sr. Unscd. Notes
4.75
2/12/2030
310,000
310,867
Eli Lilly & Co., Sr. Unscd. Notes
4.85
5/20/2036
300,000
290,257
Eli Lilly & Co., Sr. Unscd. Notes
4.90
10/15/2035
100,000
97,810
Eli Lilly & Co., Sr. Unscd. Notes
5.10
2/12/2035
500,000
498,624
Eli Lilly & Co., Sr. Unscd. Notes
5.10
2/9/2064
200,000
172,520
Eli Lilly & Co., Sr. Unscd. Notes(a)
5.55
10/15/2055
100,000
94,761
Eli Lilly & Co., Sr. Unscd. Notes
5.60
5/20/2056
600,000
571,779
Eli Lilly & Co., Sr. Unscd. Notes
5.65
10/15/2065
100,000
94,598
GE HealthCare Technologies, Inc., Gtd. Notes
5.65
11/15/2027
165,000
167,016
GE HealthCare Technologies, Inc., Gtd. Notes
5.86
3/15/2030
270,000
277,383
Gilead Sciences, Inc., Sr. Unscd. Notes
1.65
10/1/2030
125,000
110,192
Gilead Sciences, Inc., Sr. Unscd. Notes
2.60
10/1/2040
560,000
395,320
Gilead Sciences, Inc., Sr. Unscd. Notes(a)
2.80
10/1/2050
75,000
44,812
Gilead Sciences, Inc., Sr. Unscd. Notes
4.40
5/20/2029
600,000
595,820
Gilead Sciences, Inc., Sr. Unscd. Notes
4.50
2/1/2045
35,000
29,268
Gilead Sciences, Inc., Sr. Unscd. Notes
4.80
11/15/2029
100,000
100,351
Gilead Sciences, Inc., Sr. Unscd. Notes
5.10
6/15/2035
111,000
109,779
33

SCHEDULE OF INVESTMENTS (Unaudited) (continued)

Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Health Care — 2.6% (continued)
Gilead Sciences, Inc., Sr. Unscd. Notes(a)
5.55
10/15/2053
80,000
75,096
Gilead Sciences, Inc., Sr. Unscd. Notes
5.65
12/1/2041
510,000
504,510
GlaxoSmithKline Capital, Inc., Gtd. Bonds
6.38
5/15/2038
143,000
153,722
GlaxoSmithKline Capital, Inc., Gtd. Notes
5.38
4/15/2034
200,000
202,604
Hackensack Meridian Health, Inc., Scd. Bonds, Ser. 2020
2.68
9/1/2041
25,000
17,459
Hackensack Meridian Health, Inc., Scd. Bonds, Ser. 2020
2.88
9/1/2050
55,000
33,262
HCA, Inc., Gtd. Notes
3.38
3/15/2029
350,000
337,572
HCA, Inc., Gtd. Notes
3.63
3/15/2032
270,000
248,643
HCA, Inc., Gtd. Notes
4.13
6/15/2029
198,000
194,257
HCA, Inc., Gtd. Notes
4.30
11/15/2030
315,000
305,434
HCA, Inc., Gtd. Notes
4.63
3/15/2052
85,000
65,515
HCA, Inc., Gtd. Notes
5.25
3/1/2030
500,000
503,602
HCA, Inc., Gtd. Notes
5.25
6/15/2049
729,000
623,565
HCA, Inc., Gtd. Notes
5.50
3/1/2032
144,000
145,507
HCA, Inc., Gtd. Notes
5.50
6/1/2033
305,000
306,314
HCA, Inc., Gtd. Notes
5.63
9/1/2028
101,000
102,348
HCA, Inc., Gtd. Notes
5.88
2/1/2029
86,000
87,661
HCA, Inc., Gtd. Notes
6.20
3/1/2055
110,000
106,175
HCA, Inc., Sr. Scd. Notes
4.38
3/15/2042
73,000
59,819
Humana, Inc., Sr. Unscd. Notes
3.13
8/15/2029
115,000
109,286
Humana, Inc., Sr. Unscd. Notes
3.70
3/23/2029
74,000
71,766
Humana, Inc., Sr. Unscd. Notes
4.63
12/1/2042
28,000
22,878
Humana, Inc., Sr. Unscd. Notes
5.50
3/15/2053
56,000
48,276
Humana, Inc., Sr. Unscd. Notes
5.75
12/1/2028
50,000
50,924
Humana, Inc., Sr. Unscd. Notes
5.75
4/15/2054
300,000
267,193
Illumina, Inc., Sr. Unscd. Notes
2.55
3/23/2031
150,000
134,261
Illumina, Inc., Sr. Unscd. Notes
4.75
12/12/2030
400,000
393,927
Indiana University Health, Inc. Obligated Group, Scd. Notes
3.97
11/1/2048
237,000
180,802
Integris Baptist Medical Center, Inc., Sr. Scd. Bonds, Ser. A
3.88
8/15/2050
25,000
17,797
Iowa Health System, Unscd. Bonds, Ser. 2020
3.67
2/15/2050
100,000
71,223
Johnson & Johnson, Sr. Unscd. Notes
3.50
1/15/2048
85,000
61,476
Johnson & Johnson, Sr. Unscd. Notes
3.63
3/3/2037
135,000
118,667
Johnson & Johnson, Sr. Unscd. Notes
3.70
3/1/2046
257,000
197,206
Johnson & Johnson, Sr. Unscd. Notes
4.38
12/5/2033
300,000
292,842
Johnson & Johnson, Sr. Unscd. Notes
4.80
6/1/2029
40,000
40,453
Johnson & Johnson, Sr. Unscd. Notes
4.85
3/1/2032
425,000
429,295
Johnson & Johnson, Sr. Unscd. Notes
5.00
3/1/2035
500,000
503,367
Johnson & Johnson, Sr. Unscd. Notes
5.95
8/15/2037
316,000
339,043
Kaiser Foundation Hospitals, Gtd. Notes
4.15
5/1/2047
240,000
189,301
Kaiser Foundation Hospitals, Unscd. Bonds, Ser. 2021
3.00
6/1/2051
180,000
111,608
Laboratory Corp. of America Holdings, Gtd. Notes
2.70
6/1/2031
5,000
4,500
Laboratory Corp. of America Holdings, Gtd. Notes
2.95
12/1/2029
65,000
61,265
Laboratory Corp. of America Holdings, Gtd. Notes
4.70
2/1/2045
115,000
98,842
Mass General Brigham, Inc., Unscd. Notes, Ser. 2020
3.19
7/1/2049
140,000
91,437
Mayo Clinic, Unscd. Bonds, Ser. 2016(a)
4.13
11/15/2052
270,000
207,961
McKesson Corp., Sr. Unscd. Notes
3.95
2/16/2028
250,800
248,638
McKesson Corp., Sr. Unscd. Notes
4.90
7/15/2028
40,000
40,242
McKesson Corp., Sr. Unscd. Notes
5.10
7/15/2033
10,000
10,001
Medtronic, Inc., Gtd. Notes
4.38
3/15/2035
350,000
329,920
Medtronic, Inc., Gtd. Notes
4.63
3/15/2045
90,000
77,620
34


Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Health Care — 2.6% (continued)
Memorial Health Services, Sr. Unscd. Notes
3.45
11/1/2049
365,000
246,136
Merck & Co., Inc., Gtd. Notes
5.70
9/15/2055
975,000
929,343
Merck & Co., Inc., Sr. Unscd. Notes
1.45
6/24/2030
170,000
150,298
Merck & Co., Inc., Sr. Unscd. Notes
1.90
12/10/2028
205,000
193,238
Merck & Co., Inc., Sr. Unscd. Notes
3.40
3/7/2029
50,000
48,602
Merck & Co., Inc., Sr. Unscd. Notes
3.70
2/10/2045
43,000
32,289
Merck & Co., Inc., Sr. Unscd. Notes
3.90
3/7/2039
120,000
102,610
Merck & Co., Inc., Sr. Unscd. Notes
4.05
5/17/2028
40,000
39,774
Merck & Co., Inc., Sr. Unscd. Notes
4.30
5/17/2030
75,000
73,926
Merck & Co., Inc., Sr. Unscd. Notes
4.50
5/17/2033
75,000
72,960
Merck & Co., Inc., Sr. Unscd. Notes
5.00
5/17/2053
161,000
139,246
Merck & Co., Inc., Sr. Unscd. Notes
5.20
5/22/2036
500,000
496,060
Montefiore Obligated Group, Unscd. Bonds
4.29
9/1/2050
200,000
135,782
Montefiore Obligated Group, Unscd. Bonds, Ser. 18-C
5.25
11/1/2048
200,000
158,963
Mylan, Inc., Gtd. Notes
4.55
4/15/2028
60,000
59,537
MyMichigan Health, Scd. Bonds, Ser. 2020
3.41
6/1/2050
90,000
60,561
Northwell Healthcare, Inc., Scd. Bonds
3.81
11/1/2049
100,000
71,235
Northwell Healthcare, Inc., Scd. Notes
3.98
11/1/2046
25,000
19,014
Novant Health, Inc., Unscd. Bonds
3.17
11/1/2051
50,000
31,444
Novant Health, Inc., Unscd. Bonds
3.32
11/1/2061
65,000
39,170
Novartis Capital Corp., Gtd. Notes
2.20
8/14/2030
168,000
152,548
Novartis Capital Corp., Gtd. Notes
3.70
9/21/2042
10,000
7,896
Novartis Capital Corp., Gtd. Notes
4.40
5/6/2044
170,000
143,307
Novartis Capital Corp., Gtd. Notes
4.60
11/5/2035
200,000
191,260
Novartis Capital Corp., Gtd. Notes
4.90
3/18/2036
500,000
485,832
Novartis Capital Corp., Gtd. Notes
5.20
11/5/2045
200,000
183,710
NY Society for Relief of Ruptured & Crippled Maintaining Hospital for Special
Surgery, Scd. Bonds, Ser. 2020
2.67
10/1/2050
50,000
29,153
NYU Langone Hospitals, Scd. Bonds
4.78
7/1/2044
225,000
198,643
NYU Langone Hospitals, Scd. Bonds, Ser. 2020
3.38
7/1/2055
100,000
65,068
Ochsner LSU Health System of North Louisiana, Scd. Bonds, Ser. 2021
2.51
5/15/2031
165,000
140,278
OhioHealth Corp., Scd. Bonds
2.83
11/15/2041
50,000
35,627
Orlando Health Obligated Group, Unscd. Bonds
4.09
10/1/2048
285,000
220,848
PeaceHealth Obligated Group, Sr. Unscd. Bonds, Ser. 2020
3.22
11/15/2050
12,000
7,796
PeaceHealth Obligated Group, Sr. Unscd. Notes, Ser. 2018
4.79
11/15/2048
240,000
201,977
Pfizer Investment Enterprises Pte Ltd., Gtd. Notes
4.75
5/19/2033
85,000
82,968
Pfizer Investment Enterprises Pte Ltd., Gtd. Notes
5.11
5/19/2043
360,000
328,618
Pfizer Investment Enterprises Pte Ltd., Gtd. Notes
5.30
5/19/2053
1,080,000
968,960
Pfizer Investment Enterprises Pte Ltd., Gtd. Notes
5.34
5/19/2063
70,000
61,122
Pfizer, Inc., Sr. Unscd. Notes
1.70
5/28/2030
70,000
62,483
Pfizer, Inc., Sr. Unscd. Notes
2.55
5/28/2040
125,000
87,853
Pfizer, Inc., Sr. Unscd. Notes
2.63
4/1/2030
70,000
64,936
Pfizer, Inc., Sr. Unscd. Notes
4.00
12/15/2036
332,000
297,991
Pfizer, Inc., Sr. Unscd. Notes
4.10
9/15/2038
250,000
220,550
Pfizer, Inc., Sr. Unscd. Notes
4.88
11/15/2035
100,000
96,855
Pfizer, Inc., Sr. Unscd. Notes
5.60
9/15/2040
234,000
232,711
Pfizer, Inc., Sr. Unscd. Notes
5.60
11/15/2055
100,000
94,867
Pharmacia LLC, Gtd. Notes
6.60
12/1/2028
50,000
52,149
Piedmont Healthcare, Inc., Scd. Bonds, Ser. 2024
2.72
1/1/2042
50,000
34,439
Piedmont Healthcare, Inc., Scd. Bonds, Ser. 2032
2.04
1/1/2032
50,000
42,784
35

SCHEDULE OF INVESTMENTS (Unaudited) (continued)

Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Health Care — 2.6% (continued)
Providence St. Joseph Health Obligated Group, Unscd. Bonds, Ser. A
3.93
10/1/2048
145,000
109,064
Providence St. Joseph Health Obligated Group, Unscd. Notes, Ser. 19A
2.53
10/1/2029
110,000
102,430
Providence St. Joseph Health Obligated Group, Unscd. Notes, Ser. I
3.74
10/1/2047
113,000
81,338
Quest Diagnostics, Inc., Sr. Unscd. Notes
4.20
6/30/2029
18,000
17,731
Regeneron Pharmaceuticals, Inc., Sr. Unscd. Notes
1.75
9/15/2030
215,000
189,057
Revvity, Inc., Sr. Unscd. Notes
2.55
3/15/2031
215,000
192,243
Revvity, Inc., Sr. Unscd. Notes
3.30
9/15/2029
54,000
51,395
Royalty Pharma PLC, Gtd. Notes
2.20
9/2/2030
40,000
35,876
Royalty Pharma PLC, Gtd. Notes
3.30
9/2/2040
400,000
301,453
Royalty Pharma PLC, Gtd. Notes
3.35
9/2/2051
400,000
254,505
Royalty Pharma PLC, Gtd. Notes
3.55
9/2/2050
320,000
213,025
Seattle Children’s Hospital, Unscd. Bonds, Ser. 2021
2.72
10/1/2050
25,000
14,998
Sharp HealthCare, Unscd. Bonds, Ser. 20B
2.68
8/1/2050
45,000
26,271
Smith & Nephew PLC, Sr. Unscd. Notes
2.03
10/14/2030
45,000
39,782
Solventum Corp., Sr. Unscd. Notes(a)
5.90
4/30/2054
181,000
170,384
Stanford Health Care, Unscd. Bonds, Ser. 2018
3.80
11/15/2048
235,000
173,520
STERIS Irish FinCo UnLtd. Co., Gtd. Notes
2.70
3/15/2031
150,000
135,078
Stryker Corp., Sr. Unscd. Notes
4.38
5/15/2044
185,000
153,486
Sutter Health, Unscd. Bonds, Ser. 2018
4.09
8/15/2048
250,000
193,109
Sutter Health, Unscd. Bonds, Ser. 20A
3.36
8/15/2050
85,000
56,818
Takeda Pharmaceutical Co. Ltd., Sr. Unscd. Notes
3.03
7/9/2040
965,000
707,653
Takeda Pharmaceutical Co. Ltd., Sr. Unscd. Notes
5.00
11/26/2028
205,000
206,046
Takeda Pharmaceutical Co. Ltd., Sr. Unscd. Notes
5.80
7/5/2064
55,000
51,525
Texas Health Resources, Scd. Bonds
4.33
11/15/2055
315,000
249,695
Texas Health Resources, Sr. Unscd. Notes
2.33
11/15/2050
65,000
35,358
The Cigna Group, Gtd. Notes
3.88
10/15/2047
150,000
109,115
The Cigna Group, Gtd. Notes
4.38
10/15/2028
25,000
24,831
The Cigna Group, Sr. Unscd. Notes
2.38
3/15/2031
122,000
109,027
The Cigna Group, Sr. Unscd. Notes
2.40
3/15/2030
131,000
120,223
The Cigna Group, Sr. Unscd. Notes
3.40
3/15/2050
120,000
78,857
The Cigna Group, Sr. Unscd. Notes
3.40
3/15/2051
25,000
16,316
The Cigna Group, Sr. Unscd. Notes
4.88
9/15/2032
400,000
394,182
The Cigna Group, Sr. Unscd. Notes
5.25
2/15/2034
250,000
248,290
The Cigna Group, Sr. Unscd. Notes
5.40
3/15/2033
250,000
252,415
The Cigna Group, Sr. Unscd. Notes
5.60
2/15/2054
400,000
368,329
The New York & Presbyterian Hospital, Unscd. Bonds
4.02
8/1/2045
10,000
7,936
The New York & Presbyterian Hospital, Unscd. Bonds, Ser. 2019
3.95
8/1/2119
40,000
26,112
The Toledo Hospital, Sr. Scd. Bonds
5.75
11/15/2038
200,000
198,670
Thermo Fisher Scientific, Inc., Sr. Unscd. Notes
4.10
8/15/2047
150,000
118,175
Thermo Fisher Scientific, Inc., Sr. Unscd. Notes
4.80
11/21/2027
100,000
100,524
Thermo Fisher Scientific, Inc., Sr. Unscd. Notes
4.95
11/21/2032
161,000
160,808
Thermo Fisher Scientific, Inc., Sr. Unscd. Notes
4.98
8/10/2030
95,000
95,571
Thermo Fisher Scientific, Inc., Sr. Unscd. Notes
5.00
1/31/2029
50,000
50,454
Thermo Fisher Scientific, Inc., Sr. Unscd. Notes(a)
5.40
8/10/2043
105,000
99,752
Trinity Health Corp., Scd. Bonds
4.13
12/1/2045
45,000
35,582
Trinity Health Corp., Sr. Unscd. Bonds, Ser. 2021
2.63
12/1/2040
155,000
108,416
UnitedHealth Group, Inc., Sr. Unscd. Notes
2.88
8/15/2029
286,000
271,515
UnitedHealth Group, Inc., Sr. Unscd. Notes
2.95
10/15/2027
68,000
66,850
UnitedHealth Group, Inc., Sr. Unscd. Notes
3.05
5/15/2041
60,000
43,910
UnitedHealth Group, Inc., Sr. Unscd. Notes
3.25
5/15/2051
75,000
47,844
36


Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Health Care — 2.6% (continued)
UnitedHealth Group, Inc., Sr. Unscd. Notes
3.50
8/15/2039
433,000
347,046
UnitedHealth Group, Inc., Sr. Unscd. Notes
3.70
8/15/2049
50,000
35,113
UnitedHealth Group, Inc., Sr. Unscd. Notes
3.75
10/15/2047
185,000
133,488
UnitedHealth Group, Inc., Sr. Unscd. Notes
3.88
12/15/2028
285,000
280,542
UnitedHealth Group, Inc., Sr. Unscd. Notes
4.00
5/15/2029
110,000
108,151
UnitedHealth Group, Inc., Sr. Unscd. Notes
4.25
1/15/2029
60,000
59,487
UnitedHealth Group, Inc., Sr. Unscd. Notes
4.25
6/15/2048
38,000
29,509
UnitedHealth Group, Inc., Sr. Unscd. Notes
4.63
7/15/2035
147,000
139,600
UnitedHealth Group, Inc., Sr. Unscd. Notes
4.75
5/15/2052
185,000
152,032
UnitedHealth Group, Inc., Sr. Unscd. Notes
4.95
5/15/2062
53,000
43,063
UnitedHealth Group, Inc., Sr. Unscd. Notes
5.05
4/15/2053
315,000
270,008
UnitedHealth Group, Inc., Sr. Unscd. Notes
5.20
4/15/2063
494,000
419,163
UnitedHealth Group, Inc., Sr. Unscd. Notes
5.38
4/15/2054
655,000
586,895
UnitedHealth Group, Inc., Sr. Unscd. Notes
5.50
4/15/2064
110,000
97,719
UnitedHealth Group, Inc., Sr. Unscd. Notes
5.80
3/15/2036
87,000
89,749
UnitedHealth Group, Inc., Sr. Unscd. Notes
5.88
2/15/2053
60,000
57,757
UnitedHealth Group, Inc., Sr. Unscd. Notes
5.95
2/15/2041
47,000
47,640
UnitedHealth Group, Inc., Sr. Unscd. Notes
6.05
2/15/2063
165,000
160,024
UnitedHealth Group, Inc., Sr. Unscd. Notes
6.50
6/15/2037
227,000
244,332
UnitedHealth Group, Inc., Sr. Unscd. Notes
6.88
2/15/2038
72,000
79,928
Universal Health Services, Inc., Sr. Scd. Notes
2.65
1/15/2032
215,000
186,219
Utah Acquisition Sub, Inc., Gtd. Notes
5.25
6/15/2046
140,000
113,839
Viatris, Inc., Gtd. Notes
3.85
6/22/2040
187,000
143,011
Viatris, Inc., Gtd. Notes
4.00
6/22/2050
330,000
218,973
West Virginia United Health System Obligated Group, Scd. Bonds, Ser. 2020
3.13
6/1/2050
50,000
30,621
Willis-Knighton Medical Center, Scd. Bonds, Ser. 2018
4.81
9/1/2048
210,000
175,361
Willis-Knighton Medical Center, Scd. Bonds, Ser. 2021
3.07
3/1/2051
230,000
139,748
Wyeth LLC, Gtd. Notes
6.50
2/1/2034
25,000
26,891
Yale-New Haven Health Services Corp., Scd. Bonds, Ser. 2020
2.50
7/1/2050
50,000
27,974
Zimmer Biomet Holdings, Inc., Sr. Unscd. Notes
2.60
11/24/2031
400,000
354,624
Zimmer Biomet Holdings, Inc., Sr. Unscd. Notes
5.75
11/30/2039
28,000
27,610
Zoetis, Inc., Sr. Unscd. Notes
3.00
9/12/2027
150,000
147,698
Zoetis, Inc., Sr. Unscd. Notes
3.95
9/12/2047
60,000
44,950
Zoetis, Inc., Sr. Unscd. Notes
4.15
8/17/2028
100,000
99,161
Zoetis, Inc., Sr. Unscd. Notes
4.45
8/20/2048
25,000
20,056
Zoetis, Inc., Sr. Unscd. Notes
4.70
2/1/2043
100,000
86,266
Zoetis, Inc., Sr. Unscd. Notes(a)
5.00
8/17/2035
100,000
96,883
 
58,169,813
Industrial — .5%
3M Co., Sr. Unscd. Notes
2.38
8/26/2029
254,000
237,293
3M Co., Sr. Unscd. Notes
2.88
10/15/2027
177,000
173,659
3M Co., Sr. Unscd. Notes
3.05
4/15/2030
42,000
39,402
3M Co., Sr. Unscd. Notes
3.25
8/26/2049
50,000
32,512
3M Co., Sr. Unscd. Notes
3.63
10/15/2047
210,000
147,977
3M Co., Sr. Unscd. Notes
4.80
3/15/2030
120,000
119,941
Caterpillar Financial Services Corp., Sr. Unscd. Notes
3.60
8/12/2027
50,000
49,657
Caterpillar Financial Services Corp., Sr. Unscd. Notes
3.95
11/14/2028
160,000
158,115
Caterpillar Financial Services Corp., Sr. Unscd. Notes
4.60
11/15/2027
200,000
200,522
Caterpillar Financial Services Corp., Sr. Unscd. Notes
4.70
11/15/2029
510,000
511,378
Caterpillar, Inc., Sr. Unscd. Debs.
3.80
8/15/2042
215,000
171,902
37

SCHEDULE OF INVESTMENTS (Unaudited) (continued)

Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Industrial — .5% (continued)
Caterpillar, Inc., Sr. Unscd. Notes
5.20
5/27/2041
275,000
267,268
CDW LLC/CDW Finance Corp., Gtd. Notes
3.28
12/1/2028
198,000
190,091
CNH Industrial Capital LLC, Gtd. Bonds
5.50
1/12/2029
10,000
10,135
Deere & Co., Sr. Unscd. Notes
3.10
4/15/2030
287,000
271,181
Deere & Co., Sr. Unscd. Notes
3.75
4/15/2050
95,000
69,449
Deere & Co., Sr. Unscd. Notes
5.38
10/16/2029
93,000
95,306
Dover Corp., Sr. Unscd. Notes
5.38
10/15/2035
22,000
22,067
Dover Corp., Sr. Unscd. Notes
5.38
3/1/2041
50,000
48,196
Eaton Corp., Gtd. Notes
3.92
9/15/2047
50,000
38,029
Eaton Corp., Gtd. Notes
4.15
3/15/2033
250,000
237,879
Eaton Corp., Gtd. Notes
4.15
11/2/2042
77,000
63,658
Eaton Corp., Gtd. Notes
4.35
5/18/2028
20,000
19,960
Eaton Corp., Gtd. Notes
5.45
3/6/2056
200,000
185,758
Flowserve Corp., Sr. Unscd. Notes
2.80
1/15/2032
75,000
65,732
Flowserve Corp., Sr. Unscd. Notes
3.50
10/1/2030
385,000
360,527
GATX Corp., Sr. Unscd. Notes
3.10
6/1/2051
100,000
60,483
GATX Corp., Sr. Unscd. Notes
3.50
6/1/2032
220,000
201,592
GATX Corp., Sr. Unscd. Notes
5.45
9/15/2033
90,000
90,265
GATX Corp., Sr. Unscd. Notes(a)
6.05
6/5/2054
45,000
43,317
GATX Corp., Sr. Unscd. Notes
6.90
5/1/2034
110,000
118,994
GE Vernova, Inc., Sr. Unscd. Notes
4.88
2/4/2036
500,000
480,516
GE Vernova, Inc., Sr. Unscd. Notes
5.50
2/4/2056
100,000
92,000
Huntington Ingalls Industries, Inc., Gtd. Notes
3.48
12/1/2027
259,000
254,881
IDEX Corp., Sr. Unscd. Notes
2.63
6/15/2031
25,000
22,393
Illinois Tool Works, Inc., Sr. Unscd. Notes
3.90
9/1/2042
215,000
172,469
Ingersoll Rand, Inc., Sr. Unscd. Notes
5.18
6/15/2029
356,000
360,665
Ingersoll Rand, Inc., Sr. Unscd. Notes(a)
5.31
6/15/2031
110,000
111,309
Ingersoll Rand, Inc., Sr. Unscd. Notes
5.40
8/14/2028
25,000
25,338
Jacobs Engineering Group, Inc., Gtd. Notes
5.90
3/1/2033
50,000
50,902
John Deere Capital Corp., Sr. Unscd. Notes
2.45
1/9/2030
25,000
23,219
John Deere Capital Corp., Sr. Unscd. Notes
2.80
7/18/2029
50,000
47,564
John Deere Capital Corp., Sr. Unscd. Notes
4.15
9/15/2027
135,000
134,743
John Deere Capital Corp., Sr. Unscd. Notes
4.38
10/15/2030
400,000
394,088
John Deere Capital Corp., Sr. Unscd. Notes
4.50
1/16/2029
50,000
49,928
John Deere Capital Corp., Sr. Unscd. Notes
4.65
1/7/2028
350,000
351,115
John Deere Capital Corp., Sr. Unscd. Notes
4.70
6/10/2030
155,000
154,844
John Deere Capital Corp., Sr. Unscd. Notes
4.85
6/11/2029
250,000
251,859
John Deere Capital Corp., Sr. Unscd. Notes
4.90
3/3/2028
50,000
50,380
John Deere Capital Corp., Sr. Unscd. Notes
4.90
3/7/2031
265,000
266,000
John Deere Capital Corp., Sr. Unscd. Notes
5.05
6/12/2034
250,000
248,145
Nordson Corp., Sr. Unscd. Notes
5.80
9/15/2033
15,000
15,345
Oshkosh Corp., Sr. Unscd. Notes
3.10
3/1/2030
179,000
168,273
Otis Worldwide Corp., Sr. Unscd. Notes
3.11
2/15/2040
450,000
336,692
Otis Worldwide Corp., Sr. Unscd. Notes
5.25
8/16/2028
147,000
148,613
Parker-Hannifin Corp., Sr. Unscd. Notes
3.25
6/14/2029
25,000
24,017
Parker-Hannifin Corp., Sr. Unscd. Notes(a)
4.00
6/14/2049
492,000
372,601
Parker-Hannifin Corp., Sr. Unscd. Notes
4.50
9/15/2029
175,000
173,796
Pentair Finance Sarl, Gtd. Notes
5.90
7/15/2032
365,000
372,951
Regal Rexnord Corp., Gtd. Notes
6.05
4/15/2028
190,000
193,657
Regal Rexnord Corp., Gtd. Notes
6.30
2/15/2030
166,000
171,527
38


Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Industrial — .5% (continued)
Regal Rexnord Corp., Gtd. Notes
6.40
4/15/2033
100,000
104,242
Rockwell Automation, Inc., Sr. Unscd. Notes
2.80
8/15/2061
162,000
86,464
Snap-on, Inc., Sr. Unscd. Notes
3.10
5/1/2050
50,000
32,096
Snap-on, Inc., Sr. Unscd. Notes
4.10
3/1/2048
35,000
26,943
Stanley Black & Decker, Inc., Sr. Unscd. Notes
2.30
3/15/2030
385,000
350,873
Stanley Black & Decker, Inc., Sr. Unscd. Notes
4.25
11/15/2028
162,000
160,452
Teledyne Technologies, Inc., Gtd. Notes
2.75
4/1/2031
290,000
262,389
Textron, Inc., Sr. Unscd. Notes
3.38
3/1/2028
84,000
82,294
Textron, Inc., Sr. Unscd. Notes
6.10
11/15/2033
85,000
88,397
Westinghouse Air Brake Technologies Corp., Gtd. Notes
4.70
9/15/2028
490,000
489,424
Xylem, Inc., Sr. Unscd. Notes
4.38
11/1/2046
100,000
80,397
 
11,586,046
Information Technology — .8%
Adobe, Inc., Sr. Unscd. Notes
4.80
4/4/2029
115,000
115,652
Autodesk, Inc., Sr. Unscd. Notes
2.85
1/15/2030
91,000
84,963
Autodesk, Inc., Sr. Unscd. Notes
5.30
6/15/2035
300,000
294,545
Concentrix Corp., Sr. Unscd. Notes
6.60
8/2/2028
360,000
360,682
Fidelity National Information Services, Inc., Sr. Unscd. Notes
1.65
3/1/2028
480,000
457,375
Fidelity National Information Services, Inc., Sr. Unscd. Notes
3.10
3/1/2041
50,000
35,235
Fidelity National Information Services, Inc., Sr. Unscd. Notes
5.10
7/15/2032
96,000
94,812
Fiserv, Inc., Sr. Unscd. Notes(a)
2.65
6/1/2030
200,000
182,382
Fiserv, Inc., Sr. Unscd. Notes
3.50
7/1/2029
198,000
189,913
Fiserv, Inc., Sr. Unscd. Notes
4.20
10/1/2028
150,000
147,710
Fiserv, Inc., Sr. Unscd. Notes
5.38
8/21/2028
75,000
75,626
Fiserv, Inc., Sr. Unscd. Notes
5.60
3/2/2033
485,000
483,095
Intuit, Inc., Sr. Unscd. Notes(a)
5.50
9/15/2053
235,000
201,475
Microsoft Corp., Sr. Unscd. Notes
1.35
9/15/2030
115,000
101,071
Microsoft Corp., Sr. Unscd. Notes
2.53
6/1/2050
595,000
333,616
Microsoft Corp., Sr. Unscd. Notes
2.92
3/17/2052
245,000
146,462
Microsoft Corp., Sr. Unscd. Notes
3.04
3/17/2062
181,000
101,471
Microsoft Corp., Sr. Unscd. Notes
3.50
11/15/2042
400,000
306,028
Microsoft Corp., Sr. Unscd. Notes
3.70
8/8/2046
115,000
85,178
Microsoft Corp., Sr. Unscd. Notes
3.95
8/8/2056
175,000
124,254
Microsoft Corp., Sr. Unscd. Notes
4.00
2/12/2055
210,000
152,757
Microsoft Corp., Sr. Unscd. Notes(a)
4.25
2/6/2047
195,000
156,429
Microsoft Corp., Sr. Unscd. Notes(a)
4.45
11/3/2045
55,000
45,742
Microsoft Corp., Sr. Unscd. Notes
4.50
10/1/2040
25,000
22,623
MSCI, Inc., Sr. Unscd. Notes(a)
5.25
9/1/2035
25,000
23,986
Oracle Corp., Sr. Unscd. Notes(a)
2.30
3/25/2028
125,000
119,207
Oracle Corp., Sr. Unscd. Notes
2.95
4/1/2030
22,000
19,790
Oracle Corp., Sr. Unscd. Notes
3.25
11/15/2027
210,000
205,133
Oracle Corp., Sr. Unscd. Notes
3.25
5/15/2030
50,000
45,386
Oracle Corp., Sr. Unscd. Notes
3.60
4/1/2040
602,000
416,575
Oracle Corp., Sr. Unscd. Notes
3.60
4/1/2050
391,000
224,045
Oracle Corp., Sr. Unscd. Notes
3.80
11/15/2037
195,000
147,067
Oracle Corp., Sr. Unscd. Notes
3.85
7/15/2036
385,000
304,824
Oracle Corp., Sr. Unscd. Notes
3.90
5/15/2035
42,000
34,328
Oracle Corp., Sr. Unscd. Notes
3.95
3/25/2051
750,000
455,810
Oracle Corp., Sr. Unscd. Notes
4.00
7/15/2046
267,000
169,547
Oracle Corp., Sr. Unscd. Notes
4.00
11/15/2047
330,000
207,136
39

SCHEDULE OF INVESTMENTS (Unaudited) (continued)

Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Information Technology — .8% (continued)
Oracle Corp., Sr. Unscd. Notes
4.10
3/25/2061
200,000
116,806
Oracle Corp., Sr. Unscd. Notes
4.13
5/15/2045
396,000
260,362
Oracle Corp., Sr. Unscd. Notes
4.38
5/15/2055
65,000
40,741
Oracle Corp., Sr. Unscd. Notes
4.50
5/6/2028
600,000
592,789
Oracle Corp., Sr. Unscd. Notes
4.50
7/8/2044
78,000
54,454
Oracle Corp., Sr. Unscd. Notes
4.55
2/4/2029
300,000
292,373
Oracle Corp., Sr. Unscd. Notes
4.70
9/27/2034
70,000
61,477
Oracle Corp., Sr. Unscd. Notes
4.90
2/6/2033
1,308,000
1,201,810
Oracle Corp., Sr. Unscd. Notes
4.95
2/4/2031
500,000
477,648
Oracle Corp., Sr. Unscd. Notes
5.20
9/26/2035
600,000
538,787
Oracle Corp., Sr. Unscd. Notes
5.25
2/3/2032
70,000
66,959
Oracle Corp., Sr. Unscd. Notes
5.38
9/27/2054
100,000
72,955
Oracle Corp., Sr. Unscd. Notes(a)
5.50
8/3/2035
80,000
73,492
Oracle Corp., Sr. Unscd. Notes
5.55
2/6/2053
339,000
254,526
Oracle Corp., Sr. Unscd. Notes
6.13
7/8/2039
50,000
45,677
Oracle Corp., Sr. Unscd. Notes
6.15
11/9/2029
200,000
202,311
Oracle Corp., Sr. Unscd. Notes
6.55
2/4/2046
500,000
443,716
Oracle Corp., Sr. Unscd. Notes
6.70
2/4/2056
515,000
454,594
Roper Technologies, Inc., Sr. Unscd. Notes
1.75
2/15/2031
125,000
107,965
Roper Technologies, Inc., Sr. Unscd. Notes
4.20
9/15/2028
100,000
98,929
Roper Technologies, Inc., Sr. Unscd. Notes
5.10
9/15/2035
100,000
95,397
Salesforce, Inc., Sr. Unscd. Notes
1.50
7/15/2028
70,000
66,014
Salesforce, Inc., Sr. Unscd. Notes
2.70
7/15/2041
255,000
167,120
Salesforce, Inc., Sr. Unscd. Notes
2.90
7/15/2051
282,000
154,769
Salesforce, Inc., Sr. Unscd. Notes
3.70
4/11/2028
715,000
705,214
Salesforce, Inc., Sr. Unscd. Notes
4.90
9/15/2031
1,281,000
1,262,173
Salesforce, Inc., Sr. Unscd. Notes
5.55
3/15/2036
500,000
487,401
ServiceNow Inc., Sr. Unscd. Notes
6.30
5/15/2056
100,000
96,246
ServiceNow, Inc., Sr. Unscd. Notes
1.40
9/1/2030
207,000
180,228
ServiceNow, Inc., Sr. Unscd. Notes
5.40
5/15/2036
500,000
487,442
Synopsys, Inc., Sr. Unscd. Notes
4.65
4/1/2028
135,000
134,835
Synopsys, Inc., Sr. Unscd. Notes
5.00
4/1/2032
250,000
247,300
Synopsys, Inc., Sr. Unscd. Notes
5.15
4/1/2035
165,000
160,193
Synopsys, Inc., Sr. Unscd. Notes
5.70
4/1/2055
145,000
133,014
Take-Two Interactive Software, Inc., Sr. Unscd. Notes
4.95
3/28/2028
129,000
129,568
Take-Two Interactive Software, Inc., Sr. Unscd. Notes
5.40
6/12/2029
700,000
709,112
VMware LLC, Sr. Unscd. Notes
1.80
8/15/2028
45,000
42,527
VMware LLC, Sr. Unscd. Notes
2.20
8/15/2031
210,000
182,697
VMware LLC, Sr. Unscd. Notes
4.70
5/15/2030
47,000
46,521
 
17,618,072
Insurance — .7%
Alleghany Corp., Sr. Unscd. Notes
3.63
5/15/2030
102,000
97,700
American Financial Group, Inc., Sr. Unscd. Notes
4.50
6/15/2047
50,000
39,475
American International Group, Inc., Sr. Unscd. Notes
3.40
6/30/2030
25,000
23,615
American International Group, Inc., Sr. Unscd. Notes
5.13
3/27/2033
134,000
132,997
American International Group, Inc., Sr. Unscd. Notes
5.45
5/7/2035
300,000
299,990
Aon Corp., Gtd. Notes
2.80
5/15/2030
55,000
50,937
Aon Corp., Gtd. Notes
4.50
12/15/2028
265,000
263,729
Aon Corp., Gtd. Notes
6.25
9/30/2040
60,000
63,014
Aon Corp./Aon Global Holdings PLC, Gtd. Notes
2.05
8/23/2031
83,000
71,971
40


Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Insurance — .7% (continued)
Aon Corp./Aon Global Holdings PLC, Gtd. Notes
2.90
8/23/2051
212,000
123,912
Aon Corp./Aon Global Holdings PLC, Gtd. Notes
5.00
9/12/2032
135,000
133,904
Aon North America, Inc., Gtd. Notes
5.45
3/1/2034
317,000
317,507
Arch Capital Group Ltd., Sr. Unscd. Notes
7.35
5/1/2034
100,000
111,867
Arthur J. Gallagher & Co., Sr. Unscd. Notes
5.55
2/15/2055
56,000
50,395
Arthur J. Gallagher & Co., Sr. Unscd. Notes
5.75
7/15/2054
445,000
412,742
Assurant, Inc., Sr. Unscd. Notes
3.70
2/22/2030
150,000
142,703
Assurant, Inc., Sr. Unscd. Notes
4.90
3/27/2028
30,000
29,990
Assured Guaranty US Holdings, Inc., Gtd. Notes
3.60
9/15/2051
100,000
66,509
Athene Holding Ltd., Jr. Sub. Notes
6.63
10/15/2054
25,000
23,542
Athene Holding Ltd., Sr. Unscd. Notes
4.13
1/12/2028
164,000
162,179
Athene Holding Ltd., Sr. Unscd. Notes
6.25
4/1/2054
230,000
205,397
AXIS Specialty Finance LLC, Gtd. Notes
3.90
7/15/2029
25,000
24,295
AXIS Specialty Finance PLC, Gtd. Notes
4.00
12/6/2027
15,000
14,853
Berkshire Hathaway Finance Corp., Gtd. Notes(a)
2.88
3/15/2032
787,000
719,004
Berkshire Hathaway Finance Corp., Gtd. Notes
4.20
8/15/2048
127,000
98,904
Berkshire Hathaway Finance Corp., Gtd. Notes
4.25
1/15/2049
252,000
197,574
Berkshire Hathaway Finance Corp., Gtd. Notes
4.40
5/15/2042
25,000
21,430
Berkshire Hathaway Finance Corp., Gtd. Notes
5.75
1/15/2040
192,000
200,086
Brighthouse Financial, Inc., Sr. Unscd. Notes
3.85
12/22/2051
260,000
141,392
Brighthouse Financial, Inc., Sr. Unscd. Notes(a)
5.63
5/15/2030
70,000
70,429
Brown & Brown, Inc., Sr. Unscd. Notes
2.38
3/15/2031
40,000
35,258
Brown & Brown, Inc., Sr. Unscd. Notes
4.95
3/17/2052
30,000
24,236
Brown & Brown, Inc., Sr. Unscd. Notes
5.55
6/23/2035
700,000
686,771
Brown & Brown, Inc., Sr. Unscd. Notes
5.65
6/11/2034
263,000
261,327
Chubb INA Holdings LLC, Gtd. Notes
1.38
9/15/2030
35,000
30,480
Chubb INA Holdings LLC, Gtd. Notes
4.35
11/3/2045
490,000
402,207
Cincinnati Financial Corp., Sr. Unscd. Debs.
6.92
5/15/2028
110,000
114,240
CNA Financial Corp., Sr. Unscd. Notes
2.05
8/15/2030
50,000
44,549
CNA Financial Corp., Sr. Unscd. Notes
5.13
2/15/2034
200,000
194,818
Corebridge Financial, Inc., Jr. Sub. Notes(a)
6.38
9/15/2054
50,000
49,055
Corebridge Financial, Inc., Sr. Unscd. Notes
3.90
4/5/2032
70,000
64,887
Corebridge Financial, Inc., Sr. Unscd. Notes
4.35
4/5/2042
10,000
8,158
Corebridge Financial, Inc., Sr. Unscd. Notes
4.40
4/5/2052
95,000
72,061
Corebridge Financial, Inc., Sr. Unscd. Notes
6.05
9/15/2033
107,000
109,829
Enstar Group Ltd., Sr. Unscd. Notes
3.10
9/1/2031
103,000
91,007
Equitable Holdings, Inc., Sr. Unscd. Notes
4.35
4/20/2028
45,000
44,693
Equitable Holdings, Inc., Sr. Unscd. Notes
5.00
4/20/2048
148,000
125,192
Everest Reinsurance Holdings, Inc., Sr. Unscd. Notes
3.13
10/15/2052
175,000
103,440
Fairfax Financial Holdings Ltd., Sr. Unscd. Notes
4.63
4/29/2030
25,000
24,651
Fairfax Financial Holdings Ltd., Sr. Unscd. Notes
4.85
4/17/2028
157,000
157,031
Fairfax Financial Holdings Ltd., Sr. Unscd. Notes
5.75
5/20/2035
202,000
202,496
Fairfax Financial Holdings Ltd., Sr. Unscd. Notes
6.00
12/7/2033
200,000
205,488
Fairfax Financial Holdings Ltd., Sr. Unscd. Notes(b)
6.20
6/8/2056
200,000
189,366
Fairfax Financial Holdings Ltd., Sr. Unscd. Notes
6.35
3/22/2054
125,000
120,758
Fidelity National Financial, Inc., Gtd. Notes
2.45
3/15/2031
140,000
123,272
Fidelity National Financial, Inc., Sr. Unscd. Notes
3.40
6/15/2030
137,000
127,912
Fidelity National Financial, Inc., Sr. Unscd. Notes
4.50
8/15/2028
74,000
73,490
First American Financial Corp., Sr. Unscd. Notes
4.00
5/15/2030
25,000
23,917
Globe Life, Inc., Sr. Unscd. Notes
2.15
8/15/2030
74,000
66,390
41

SCHEDULE OF INVESTMENTS (Unaudited) (continued)

Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Insurance — .7% (continued)
Jackson Financial, Inc., Sr. Unscd. Notes
4.00
11/23/2051
25,000
16,194
Kemper Corp., Sr. Unscd. Notes
2.40
9/30/2030
25,000
21,764
Kemper Corp., Sr. Unscd. Notes
3.80
2/23/2032
49,000
43,691
Lincoln National Corp., Sr. Unscd. Notes
3.40
3/1/2032
85,000
76,920
Lincoln National Corp., Sr. Unscd. Notes
5.85
3/15/2034
200,000
201,051
Lincoln National Corp., Sr. Unscd. Notes
6.30
10/9/2037
20,000
20,568
Loews Corp., Sr. Unscd. Notes
6.00
2/1/2035
50,000
51,862
Manulife Financial Corp., Sr. Unscd. Notes
5.38
3/4/2046
85,000
78,760
Markel Group, Inc., Sr. Unscd. Notes
3.50
11/1/2027
110,000
108,379
Markel Group, Inc., Sr. Unscd. Notes
4.15
9/17/2050
35,000
25,662
Markel Group, Inc., Sr. Unscd. Notes
4.30
11/1/2047
75,000
57,541
Markel Group, Inc., Sr. Unscd. Notes
5.00
4/5/2046
46,000
39,524
Marsh & McLennan Cos., Inc., Sr. Unscd. Notes(a)
2.25
11/15/2030
50,000
44,914
Marsh & McLennan Cos., Inc., Sr. Unscd. Notes
2.38
12/15/2031
210,000
184,225
Marsh & McLennan Cos., Inc., Sr. Unscd. Notes
2.90
12/15/2051
356,000
211,243
Marsh & McLennan Cos., Inc., Sr. Unscd. Notes
4.20
3/1/2048
50,000
38,548
Marsh & McLennan Cos., Inc., Sr. Unscd. Notes
4.75
3/15/2039
25,000
22,996
Marsh & McLennan Cos., Inc., Sr. Unscd. Notes
4.90
3/15/2049
45,000
38,210
Marsh & McLennan Cos., Inc., Sr. Unscd. Notes
5.15
3/15/2034
200,000
197,994
Marsh & McLennan Cos., Inc., Sr. Unscd. Notes
5.70
9/15/2053
234,000
219,886
Marsh & McLennan Cos., Inc., Sr. Unscd. Notes
5.75
11/1/2032
60,000
61,924
MetLife, Inc., Sr. Unscd. Debs.
4.72
12/15/2044
480,000
408,119
MetLife, Inc., Sr. Unscd. Notes
4.13
8/13/2042
145,000
117,537
MetLife, Inc., Sr. Unscd. Notes(a)
5.30
12/15/2034
250,000
249,706
MetLife, Inc., Sr. Unscd. Notes
5.70
6/15/2035
200,000
204,016
MGIC Investment Corp., Sr. Unscd. Notes
5.25
8/15/2028
350,000
349,513
Old Republic International Corp., Sr. Unscd. Notes
3.85
6/11/2051
30,000
20,459
PartnerRe Finance B LLC, Gtd. Notes
3.70
7/2/2029
183,000
176,858
Primerica, Inc., Sr. Unscd. Notes
2.80
11/19/2031
50,000
44,495
Principal Financial Group, Inc., Gtd. Notes
4.30
11/15/2046
75,000
59,479
Principal Financial Group, Inc., Gtd. Notes
4.63
9/15/2042
99,000
84,873
Prudential Financial, Inc., Jr. Sub. Notes
6.50
3/15/2054
484,000
494,279
Prudential Financial, Inc., Jr. Sub. Notes
6.75
3/1/2053
50,000
51,905
Prudential Financial, Inc., Sr. Unscd. Notes
3.70
3/13/2051
120,000
83,128
Prudential Financial, Inc., Sr. Unscd. Notes
3.91
12/7/2047
325,000
237,960
Prudential Financial, Inc., Sr. Unscd. Notes
3.94
12/7/2049
218,000
157,845
Prudential Financial, Inc., Sr. Unscd. Notes
4.35
2/25/2050
50,000
38,878
Reinsurance Group of America, Inc., Sr. Unscd. Notes
3.90
5/15/2029
150,000
146,061
RenaissanceRe Holdings Ltd., Sr. Unscd. Notes
5.75
6/5/2033
41,000
41,324
Stewart Information Services Corp., Sr. Unscd. Notes
3.60
11/15/2031
135,000
118,634
The Allstate Corp., Sr. Unscd. Notes
4.50
6/15/2043
70,000
58,360
The Allstate Corp., Sr. Unscd. Notes
5.05
6/24/2029
500,000
504,063
The Allstate Corp., Sr. Unscd. Notes
5.25
3/30/2033
90,000
90,336
The Hanover Insurance Group, Inc., Sr. Unscd. Notes
2.50
9/1/2030
28,000
25,328
The Hartford Insurance Group, Inc., Sr. Unscd. Notes
3.60
8/19/2049
185,000
127,920
The Hartford Insurance Group, Inc., Sr. Unscd. Notes
4.40
3/15/2048
50,000
39,904
The Hartford Insurance Group, Inc., Sr. Unscd. Notes
5.95
10/15/2036
50,000
51,311
The Progressive Corp., Sr. Unscd. Notes
4.00
3/1/2029
31,000
30,538
The Progressive Corp., Sr. Unscd. Notes
4.13
4/15/2047
235,000
182,242
The Progressive Corp., Sr. Unscd. Notes
4.20
3/15/2048
155,000
121,174
42


Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Insurance — .7% (continued)
The Travelers Companies, Inc., Sr. Unscd. Notes
3.75
5/15/2046
50,000
37,112
The Travelers Companies, Inc., Sr. Unscd. Notes
4.00
5/30/2047
145,000
110,667
The Travelers Companies, Inc., Sr. Unscd. Notes
5.05
7/24/2035
500,000
488,597
The Travelers Companies, Inc., Sr. Unscd. Notes
5.35
11/1/2040
25,000
24,195
Travelers Property Casualty Corp., Gtd. Notes
6.38
3/15/2033
200,000
214,845
W.R. Berkley Corp., Sr. Unscd. Notes
4.75
8/1/2044
70,000
60,493
Willis North America, Inc., Gtd. Notes
5.05
9/15/2048
177,000
150,851
Willis North America, Inc., Gtd. Notes
5.35
5/15/2033
15,000
14,974
XL Group Ltd., Sr. Unscd. Bonds
5.25
12/15/2043
25,000
22,867
 
15,291,723
Internet Software & Services — .9%
Alphabet, Inc., Sr. Unscd. Notes(a)
1.90
8/15/2040
160,000
102,489
Alphabet, Inc., Sr. Unscd. Notes
2.05
8/15/2050
340,000
168,376
Alphabet, Inc., Sr. Unscd. Notes
2.25
8/15/2060
244,000
112,095
Alphabet, Inc., Sr. Unscd. Notes
3.88
11/15/2028
105,000
103,583
Alphabet, Inc., Sr. Unscd. Notes
4.10
11/15/2030
200,000
194,371
Alphabet, Inc., Sr. Unscd. Notes
4.10
2/15/2031
100,000
96,963
Alphabet, Inc., Sr. Unscd. Notes
4.38
11/15/2032
200,000
193,365
Alphabet, Inc., Sr. Unscd. Notes
4.40
2/15/2033
250,000
239,706
Alphabet, Inc., Sr. Unscd. Notes
4.70
11/15/2035
300,000
285,675
Alphabet, Inc., Sr. Unscd. Notes
4.80
2/15/2036
550,000
525,216
Alphabet, Inc., Sr. Unscd. Notes
5.35
11/15/2045
200,000
182,961
Alphabet, Inc., Sr. Unscd. Notes
5.45
11/15/2055
300,000
267,175
Alphabet, Inc., Sr. Unscd. Notes
5.65
2/15/2056
500,000
460,876
Alphabet, Inc., Sr. Unscd. Notes
5.70
11/15/2075
200,000
177,128
Amazon.com, Inc., Sr. Unscd. Notes
1.50
6/3/2030
117,000
103,445
Amazon.com, Inc., Sr. Unscd. Notes(a)
1.65
5/12/2028
225,000
214,226
Amazon.com, Inc., Sr. Unscd. Notes
2.88
5/12/2041
371,000
261,285
Amazon.com, Inc., Sr. Unscd. Notes
3.10
5/12/2051
227,000
137,028
Amazon.com, Inc., Sr. Unscd. Notes
3.15
8/22/2027
335,000
331,195
Amazon.com, Inc., Sr. Unscd. Notes
3.25
5/12/2061
160,000
90,368
Amazon.com, Inc., Sr. Unscd. Notes
3.60
4/13/2032
125,000
116,359
Amazon.com, Inc., Sr. Unscd. Notes
3.88
8/22/2037
575,000
498,045
Amazon.com, Inc., Sr. Unscd. Notes(a)
3.95
4/13/2052
36,000
25,210
Amazon.com, Inc., Sr. Unscd. Notes
4.05
8/22/2047
297,000
220,683
Amazon.com, Inc., Sr. Unscd. Notes
4.10
11/20/2030
900,000
872,088
Amazon.com, Inc., Sr. Unscd. Notes
4.10
4/13/2062
460,000
313,302
Amazon.com, Inc., Sr. Unscd. Notes
4.25
3/13/2031
1,500,000
1,455,137
Amazon.com, Inc., Sr. Unscd. Notes
4.25
8/22/2057
665,000
479,669
Amazon.com, Inc., Sr. Unscd. Notes
4.35
3/20/2033
410,000
391,229
Amazon.com, Inc., Sr. Unscd. Notes
4.55
12/1/2027
780,000
781,731
Amazon.com, Inc., Sr. Unscd. Notes
4.65
12/1/2029
153,000
152,870
Amazon.com, Inc., Sr. Unscd. Notes
4.80
12/5/2034
50,000
48,593
Amazon.com, Inc., Sr. Unscd. Notes
4.88
3/13/2036
1,700,000
1,623,594
Amazon.com, Inc., Sr. Unscd. Notes
5.55
11/20/2065
700,000
604,940
Booking Holdings, Inc., Sr. Unscd. Notes
3.55
3/15/2028
27,000
26,571
eBay, Inc., Sr. Unscd. Notes
2.70
3/11/2030
17,000
15,700
eBay, Inc., Sr. Unscd. Notes
3.65
5/10/2051
38,000
26,101
eBay, Inc., Sr. Unscd. Notes
4.00
7/15/2042
175,000
133,967
eBay, Inc., Sr. Unscd. Notes
5.13
11/6/2035
150,000
144,895
43

SCHEDULE OF INVESTMENTS (Unaudited) (continued)

Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Internet Software & Services — .9% (continued)
Expedia Group, Inc., Gtd. Notes
3.80
2/15/2028
133,000
131,203
Expedia Group, Inc., Gtd. Notes
4.63
8/1/2027
30,000
30,001
Meta Platforms, Inc., Sr. Unscd. Notes
3.85
8/15/2032
220,000
203,799
Meta Platforms, Inc., Sr. Unscd. Notes
4.20
11/15/2030
400,000
387,669
Meta Platforms, Inc., Sr. Unscd. Notes
4.45
8/15/2052
91,400
65,019
Meta Platforms, Inc., Sr. Unscd. Notes
4.55
8/15/2031
250,000
243,747
Meta Platforms, Inc., Sr. Unscd. Notes
4.60
5/15/2028
70,000
70,130
Meta Platforms, Inc., Sr. Unscd. Notes
4.60
11/15/2032
400,000
385,087
Meta Platforms, Inc., Sr. Unscd. Notes
4.65
8/15/2062
335,200
233,082
Meta Platforms, Inc., Sr. Unscd. Notes(a)
4.75
8/15/2034
250,000
237,858
Meta Platforms, Inc., Sr. Unscd. Notes
4.80
5/15/2030
100,000
99,830
Meta Platforms, Inc., Sr. Unscd. Notes
4.88
11/15/2035
400,000
375,086
Meta Platforms, Inc., Sr. Unscd. Notes(a)
5.25
5/15/2036
1,000,000
958,739
Meta Platforms, Inc., Sr. Unscd. Notes
5.50
11/15/2045
400,000
346,259
Meta Platforms, Inc., Sr. Unscd. Notes
5.55
8/15/2064
294,000
234,710
Meta Platforms, Inc., Sr. Unscd. Notes
5.75
5/15/2063
995,000
823,821
Meta Platforms, Inc., Sr. Unscd. Notes
5.75
11/15/2065
460,000
379,453
Meta Platforms, Inc., Sr. Unscd. Notes
6.30
5/15/2056
800,000
733,820
Netflix, Inc., Sr. Unscd. Notes
4.88
4/15/2028
580,000
583,043
Netflix, Inc., Sr. Unscd. Notes
5.88
11/15/2028
321,000
329,705
Netflix, Inc., Sr. Unscd. Notes
6.38
5/15/2029
40,000
41,759
Uber Technologies, Inc., Sr. Unscd. Notes(a)
5.35
9/15/2054
150,000
132,478
Weibo Corp., Sr. Unscd. Notes(a)
3.38
7/8/2030
340,000
316,967
 
19,521,475
Materials — .1%
Amcor Flexibles North America, Inc., Gtd. Notes
2.69
5/25/2031
172,000
154,596
Amcor Flexibles North America, Inc., Gtd. Notes
4.25
3/8/2029
660,000
650,600
Berry Global, Inc., Sr. Scd. Notes
5.80
6/15/2031
250,000
257,124
Packaging Corp. of America, Sr. Unscd. Notes
3.00
12/15/2029
103,000
97,068
Packaging Corp. of America, Sr. Unscd. Notes
4.05
12/15/2049
54,000
40,152
Packaging Corp. of America, Sr. Unscd. Notes
5.70
12/1/2033
150,000
153,063
Rio Tinto Alcan, Inc., Sr. Unscd. Debs.
7.25
3/15/2031
176,000
192,004
Valmont Industries, Inc., Gtd. Notes
5.25
10/1/2054
79,000
69,095
WRKCo, Inc., Gtd. Notes
4.00
3/15/2028
50,000
49,469
 
1,663,171
Media — .4%
Charter Communications Operating LLC/Charter Communications Operating
Capital, Sr. Scd. Notes
2.30
2/1/2032
800,000
665,023
Charter Communications Operating LLC/Charter Communications Operating
Capital Corp., Sr. Scd. Notes
2.80
4/1/2031
331,000
289,932
Charter Communications Operating LLC/Charter Communications Operating
Capital Corp., Sr. Scd. Notes
3.50
6/1/2041
300,000
202,868
Charter Communications Operating LLC/Charter Communications Operating
Capital Corp., Sr. Scd. Notes
3.50
3/1/2042
150,000
99,457
Charter Communications Operating LLC/Charter Communications Operating
Capital Corp., Sr. Scd. Notes
3.85
4/1/2061
166,000
90,064
Charter Communications Operating LLC/Charter Communications Operating
Capital Corp., Sr. Scd. Notes
4.40
12/1/2061
650,000
387,553
Charter Communications Operating LLC/Charter Communications Operating
Capital Corp., Sr. Scd. Notes
4.80
3/1/2050
230,000
160,390
44


Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Media — .4% (continued)
Charter Communications Operating LLC/Charter Communications Operating
Capital Corp., Sr. Scd. Notes
5.13
7/1/2049
175,000
126,063
Charter Communications Operating LLC/Charter Communications Operating
Capital Corp., Sr. Scd. Notes
5.50
4/1/2063
160,000
113,539
Comcast Corp., Gtd. Bonds
3.97
11/1/2047
50,000
33,807
Comcast Corp., Gtd. Notes
1.95
1/15/2031
172,000
150,220
Comcast Corp., Gtd. Notes
2.80
1/15/2051
255,000
134,225
Comcast Corp., Gtd. Notes
2.89
11/1/2051
335,000
177,244
Comcast Corp., Gtd. Notes
2.94
11/1/2056
500,000
252,340
Comcast Corp., Gtd. Notes
3.45
2/1/2050
120,000
72,478
Comcast Corp., Gtd. Notes
3.75
4/1/2040
245,000
188,240
Comcast Corp., Gtd. Notes
3.90
3/1/2038
200,000
163,249
Comcast Corp., Gtd. Notes
4.00
3/1/2048
150,000
102,005
Comcast Corp., Gtd. Notes
4.20
8/15/2034
10,000
9,057
Comcast Corp., Gtd. Notes
4.25
1/15/2033
50,000
46,740
Comcast Corp., Gtd. Notes
4.60
10/15/2038
125,000
108,738
Comcast Corp., Gtd. Notes
4.65
2/15/2033
50,000
47,785
Comcast Corp., Gtd. Notes
4.95
5/15/2032
200,000
197,241
Comcast Corp., Gtd. Notes(a),(b)
5.17
1/15/2037
946,000
881,195
Comcast Corp., Gtd. Notes(a)
5.50
5/15/2064
625,000
500,801
Comcast Corp., Gtd. Notes
5.65
6/15/2035
125,000
124,224
Comcast Corp., Gtd. Notes
5.65
6/1/2054
164,000
139,157
Comcast Corp., Gtd. Notes
6.95
8/15/2037
100,000
106,208
Fox Corp., Sr. Unscd. Notes
4.71
1/25/2029
50,000
49,770
Fox Corp., Sr. Unscd. Notes
5.58
1/25/2049
73,000
65,292
NBCUniversal Media LLC, Gtd. Notes
4.45
1/15/2043
50,000
42,839
NBCUniversal Media LLC, Gtd. Notes
6.40
4/30/2040
50,000
53,610
Space Exploration Technologies Corp., Sr. Unscd. Notes(b)
5.65
7/15/2033
200,000
191,552
Space Exploration Technologies Corp., Sr. Unscd. Notes(b)
6.65
7/15/2056
200,000
175,876
The Walt Disney Company, Gtd. Notes(a)
3.60
1/13/2051
215,000
148,745
The Walt Disney Company, Gtd. Notes
3.80
3/22/2030
330,000
320,212
The Walt Disney Company, Gtd. Notes
4.63
3/23/2040
221,000
200,315
The Walt Disney Company, Gtd. Notes
4.70
3/23/2050
628,000
522,808
The Walt Disney Company, Gtd. Notes
4.75
9/15/2044
110,000
94,839
The Walt Disney Company, Gtd. Notes
4.75
11/15/2046
150,000
127,585
Time Warner Cable LLC, Sr. Scd. Bonds
5.88
11/15/2040
600,000
513,523
Time Warner Cable LLC, Sr. Scd. Debs.
6.55
5/1/2037
100,000
95,004
Time Warner Cable LLC, Sr. Scd. Notes
5.50
9/1/2041
210,000
173,437
Time Warner Cable LLC, Sr. Scd. Notes
7.30
7/1/2038
159,800
158,083
TWDC Enterprises 18 Corp., Gtd. Notes
3.00
7/30/2046
285,000
186,054
TWDC Enterprises 18 Corp., Gtd. Notes
4.13
6/1/2044
70,000
55,785
TWDC Enterprises 18 Corp., Gtd. Notes, Ser. E
4.13
12/1/2041
155,000
128,636
 
8,873,808
Metals & Mining — .3%
AngloGold Ashanti Holdings PLC, Gtd. Notes
3.75
10/1/2030
710,000
671,275
ArcelorMittal SA, Sr. Unscd. Notes
4.25
7/16/2029
95,000
93,559
ArcelorMittal SA, Sr. Unscd. Notes(a)
6.55
11/29/2027
92,000
94,060
ArcelorMittal SA, Sr. Unscd. Notes(a)
6.75
3/1/2041
148,000
155,967
Barrick PD Australia Finance Pty Ltd., Gtd. Notes
5.95
10/15/2039
157,000
158,223
BHP Billiton Finance USA Ltd., Gtd. Notes
4.90
2/28/2033
85,000
83,833
45

SCHEDULE OF INVESTMENTS (Unaudited) (continued)

Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Metals & Mining — .3% (continued)
BHP Billiton Finance USA Ltd., Gtd. Notes
5.00
9/30/2043
70,000
63,439
BHP Billiton Finance USA Ltd., Gtd. Notes
5.10
9/8/2028
110,000
111,065
BHP Billiton Finance USA Ltd., Gtd. Notes
5.25
9/8/2030
55,000
55,753
BHP Billiton Finance USA Ltd., Gtd. Notes
5.25
9/8/2033
329,000
330,108
BHP Billiton Finance USA Ltd., Gtd. Notes
5.30
2/21/2035
260,000
259,417
BHP Billiton Finance USA Ltd., Gtd. Notes
5.50
9/8/2053
140,000
131,549
Freeport-McMoRan, Inc., Gtd. Notes
4.25
3/1/2030
205,000
199,975
Freeport-McMoRan, Inc., Gtd. Notes
4.38
8/1/2028
125,000
123,882
Freeport-McMoRan, Inc., Gtd. Notes
5.00
9/1/2027
25,000
25,010
Freeport-McMoRan, Inc., Gtd. Notes
5.25
9/1/2029
132,000
132,505
Freeport-McMoRan, Inc., Gtd. Notes
5.45
3/15/2043
30,000
27,861
Nucor Corp., Sr. Unscd. Notes
2.98
12/15/2055
50,000
29,483
Nucor Corp., Sr. Unscd. Notes
4.40
5/1/2048
100,000
81,124
Nucor Corp., Sr. Unscd. Notes
5.10
6/1/2035
150,000
147,969
Rio Tinto Alcan, Inc., Sr. Unscd. Notes
6.13
12/15/2033
100,000
104,966
Rio Tinto Finance USA Ltd., Gtd. Notes
7.13
7/15/2028
189,000
197,857
Rio Tinto Finance USA PLC, Gtd. Notes
4.50
3/14/2028
60,000
60,055
Rio Tinto Finance USA PLC, Gtd. Notes
5.00
3/14/2032
200,000
199,962
Rio Tinto Finance USA PLC, Gtd. Notes
5.00
3/9/2033
55,000
54,620
Rio Tinto Finance USA PLC, Gtd. Notes(a)
5.13
3/9/2053
155,000
136,597
Rio Tinto Finance USA PLC, Gtd. Notes
5.25
3/14/2035
200,000
199,114
Rio Tinto Finance USA PLC, Gtd. Notes
5.75
3/14/2055
150,000
144,373
Southern Copper Corp., Sr. Unscd. Notes
5.25
11/8/2042
305,000
279,190
Southern Copper Corp., Sr. Unscd. Notes
7.50
7/27/2035
100,000
112,683
Steel Dynamics, Inc., Sr. Unscd. Notes(a)
1.65
10/15/2027
500,000
483,185
Steel Dynamics, Inc., Sr. Unscd. Notes
3.25
1/15/2031
537,000
499,160
Vale Overseas Ltd., Gtd. Notes
3.75
7/8/2030
967,000
918,931
 
6,366,750
Real Estate — .9%
Agree LP, Gtd. Notes
2.00
6/15/2028
410,000
390,215
Alexandria Real Estate Equities, Inc., Gtd. Notes
2.95
3/15/2034
78,000
64,987
Alexandria Real Estate Equities, Inc., Gtd. Notes
3.38
8/15/2031
40,000
36,512
Alexandria Real Estate Equities, Inc., Gtd. Notes
4.75
4/15/2035
200,000
186,197
Alexandria Real Estate Equities, Inc., Gtd. Notes
5.25
3/15/2036
200,000
191,763
American Assets Trust LP, Gtd. Notes
3.38
2/1/2031
50,000
45,340
American Homes 4 Rent LP, Sr. Unscd. Notes
3.38
7/15/2051
92,000
58,924
American Homes 4 Rent LP, Sr. Unscd. Notes
5.50
7/15/2034
250,000
248,450
American Tower Corp., Sr. Unscd. Notes
1.88
10/15/2030
25,000
22,022
American Tower Corp., Sr. Unscd. Notes
2.10
6/15/2030
25,000
22,429
American Tower Corp., Sr. Unscd. Notes
2.30
9/15/2031
117,000
102,159
American Tower Corp., Sr. Unscd. Notes
2.70
4/15/2031
35,000
31,535
American Tower Corp., Sr. Unscd. Notes
2.90
1/15/2030
75,000
70,046
American Tower Corp., Sr. Unscd. Notes
2.95
1/15/2051
196,000
116,463
American Tower Corp., Sr. Unscd. Notes
3.10
6/15/2050
95,000
58,541
American Tower Corp., Sr. Unscd. Notes
3.70
10/15/2049
20,000
13,836
American Tower Corp., Sr. Unscd. Notes
3.80
8/15/2029
57,000
55,300
American Tower Corp., Sr. Unscd. Notes
3.95
3/15/2029
596,000
582,525
American Tower Corp., Sr. Unscd. Notes
4.90
3/15/2030
25,000
24,900
American Tower Corp., Sr. Unscd. Notes
5.00
1/31/2030
100,000
100,049
American Tower Corp., Sr. Unscd. Notes
5.25
7/15/2028
69,000
69,608
46


Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Real Estate — .9% (continued)
American Tower Corp., Sr. Unscd. Notes
5.40
1/31/2035
120,000
118,951
American Tower Corp., Sr. Unscd. Notes
5.55
7/15/2033
95,000
95,708
American Tower Corp., Sr. Unscd. Notes
5.90
11/15/2033
39,000
40,044
AvalonBay Communities, Inc., Sr. Unscd. Notes
4.35
12/1/2030
316,000
309,568
AvalonBay Communities, Inc., Sr. Unscd. Notes
5.00
2/15/2033
54,000
53,618
AvalonBay Communities, Inc., Sr. Unscd. Notes
5.30
12/7/2033
300,000
302,507
Boston Properties LP, Sr. Unscd. Notes
2.55
4/1/2032
122,000
105,309
Boston Properties LP, Sr. Unscd. Notes
3.25
1/30/2031
426,000
392,752
Boston Properties LP, Sr. Unscd. Notes
3.40
6/21/2029
27,000
25,874
Boston Properties LP, Sr. Unscd. Notes
4.50
12/1/2028
575,000
570,729
Brixmor Operating Partnership LP, Sr. Unscd. Notes
2.50
8/16/2031
190,000
167,827
Brixmor Operating Partnership LP, Sr. Unscd. Notes
5.20
4/1/2032
3,000
2,983
Broadstone NET Lease LLC, Gtd. Notes
2.60
9/15/2031
15,000
13,190
Camden Property Trust, Sr. Unscd. Notes
3.35
11/1/2049
35,000
23,393
Camden Property Trust, Sr. Unscd. Notes
4.10
10/15/2028
40,000
39,607
CBRE Services, Inc., Gtd. Notes
4.90
1/15/2033
250,000
243,261
CBRE Services, Inc., Gtd. Notes
5.95
8/15/2034
15,000
15,343
Cousins Properties LP, Gtd. Notes
5.38
2/15/2032
265,000
265,841
Cousins Properties LP, Gtd. Notes
5.88
10/1/2034
140,000
141,088
Crown Castle, Inc., Sr. Unscd. Notes(a)
3.25
1/15/2051
130,000
80,751
Crown Castle, Inc., Sr. Unscd. Notes
4.00
11/15/2049
300,000
212,573
Crown Castle, Inc., Sr. Unscd. Notes
4.15
7/1/2050
15,000
10,997
Crown Castle, Inc., Sr. Unscd. Notes
4.30
2/15/2029
550,000
541,400
Crown Castle, Inc., Sr. Unscd. Notes
4.75
5/15/2047
65,000
52,993
Crown Castle, Inc., Sr. Unscd. Notes
5.00
1/11/2028
50,000
50,168
Crown Castle, Inc., Sr. Unscd. Notes
5.10
5/1/2033
127,000
123,520
CubeSmart LP, Gtd. Notes
5.13
11/1/2035
170,000
164,200
Digital Realty Trust LP, Gtd. Bonds
3.70
8/15/2027
260,000
257,871
Digital Realty Trust LP, Gtd. Notes
4.45
7/15/2028
95,000
94,400
DOC DR LLC, Gtd. Notes
3.95
1/15/2028
25,000
24,730
Equinix, Inc., Sr. Unscd. Notes
2.50
5/15/2031
522,000
461,880
Equinix, Inc., Sr. Unscd. Notes
2.95
9/15/2051
155,000
90,471
Equinix, Inc., Sr. Unscd. Notes
3.40
2/15/2052
70,000
44,839
Equinix, Inc., Sr. Unscd. Notes
3.90
4/15/2032
50,000
46,485
ERP Operating LP, Sr. Unscd. Bonds
4.50
6/1/2045
65,000
53,986
ERP Operating LP, Sr. Unscd. Notes
4.00
8/1/2047
25,000
19,208
ERP Operating LP, Sr. Unscd. Notes
4.15
12/1/2028
200,000
197,711
ERP Operating LP, Sr. Unscd. Notes
4.50
7/1/2044
120,000
100,885
Essex Portfolio LP, Gtd. Notes
2.55
6/15/2031
310,000
275,798
Essex Portfolio LP, Gtd. Notes
2.65
3/15/2032
500,000
438,820
Extra Space Storage LP, Gtd. Notes
2.35
3/15/2032
470,000
404,368
Extra Space Storage LP, Gtd. Notes
4.00
6/15/2029
125,000
121,943
Extra Space Storage LP, Gtd. Notes
5.40
6/15/2035
610,000
601,544
Extra Space Storage LP, Gtd. Notes
5.50
7/1/2030
60,000
60,808
Federal Realty OP LP, Sr. Unscd. Notes
3.20
6/15/2029
76,000
72,781
Federal Realty OP LP, Sr. Unscd. Notes
3.50
6/1/2030
600,000
570,366
Federal Realty OP LP, Sr. Unscd. Notes
4.50
12/1/2044
40,000
33,194
GLP Capital LP/GLP Financing II, Inc., Gtd. Notes
3.25
1/15/2032
130,000
115,137
GLP Capital LP/GLP Financing II, Inc., Gtd. Notes
4.00
1/15/2030
140,000
133,727
GLP Capital LP/GLP Financing II, Inc., Gtd. Notes
5.25
2/15/2033
65,000
62,738
47

SCHEDULE OF INVESTMENTS (Unaudited) (continued)

Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Real Estate — .9% (continued)
GLP Capital LP/GLP Financing II, Inc., Gtd. Notes
5.30
1/15/2029
50,000
50,053
GLP Capital LP/GLP Financing II, Inc., Gtd. Notes
5.63
9/15/2034
95,000
92,465
GLP Capital LP/GLP Financing II, Inc., Gtd. Notes
5.75
6/1/2028
45,000
45,385
GLP Capital LP/GLP Financing II, Inc., Gtd. Notes
6.75
12/1/2033
155,000
161,526
Healthpeak OP LLC, Gtd. Notes
5.25
12/15/2032
100,000
99,533
Highwoods Realty LP, Sr. Unscd. Notes
3.05
2/15/2030
50,000
46,441
Highwoods Realty LP, Sr. Unscd. Notes
7.65
2/1/2034
629,000
691,222
Host Hotels & Resorts LP, Sr. Unscd. Notes
5.70
7/1/2034
207,000
207,034
Invitation Homes Operating Partnership LP, Gtd. Notes
2.30
11/15/2028
71,000
67,119
Jones Lang Lasalle, Inc., Sr. Unscd. Notes
6.88
12/1/2028
30,000
31,276
Kilroy Realty LP, Gtd. Notes
6.25
1/15/2036
295,000
293,707
Kimco Realty OP LLC, Gtd. Notes
3.70
10/1/2049
95,000
67,839
Mid-America Apartments LP, Sr. Unscd. Notes
4.65
1/15/2033
300,000
290,310
National Health Investors, Inc., Gtd. Notes
3.00
2/1/2031
139,000
125,048
NNN REIT, Inc., Sr. Unscd. Notes
3.00
4/15/2052
76,000
45,575
NNN REIT, Inc., Sr. Unscd. Notes
3.50
4/15/2051
25,000
16,801
NNN REIT, Inc., Sr. Unscd. Notes
5.60
10/15/2033
10,000
10,102
OMEGA Healthcare Investors, Inc., Gtd. Notes
3.63
10/1/2029
115,000
109,811
OMEGA Healthcare Investors, Inc., Gtd. Notes
4.75
1/15/2028
25,000
24,945
Prologis LP, Gtd. Notes
4.38
9/15/2048
50,000
39,863
Prologis LP, Sr. Unscd. Notes
2.25
1/15/2032
355,000
308,470
ProLogis LP, Sr. Unscd. Notes
1.75
2/1/2031
160,000
139,538
ProLogis LP, Sr. Unscd. Notes
2.88
11/15/2029
267,000
251,555
ProLogis LP, Sr. Unscd. Notes
5.13
1/15/2034
275,000
272,108
Public Storage Operating Co., Gtd. Notes
1.95
11/9/2028
500,000
471,407
Public Storage Operating Co., Gtd. Notes
2.25
11/9/2031
100,000
87,596
Public Storage Operating Co., Gtd. Notes
3.39
5/1/2029
105,000
101,599
Public Storage Operating Co., Gtd. Notes
5.10
8/1/2033
96,000
95,572
Rayonier LP, Gtd. Notes
2.75
5/17/2031
65,000
58,015
Realty Income Corp., Gtd. Notes
3.40
1/15/2030
110,000
104,687
Realty Income Corp., Gtd. Notes
4.00
7/15/2029
203,000
198,957
Realty Income Corp., Sr. Unscd. Notes
2.70
2/15/2032
25,000
22,081
Realty Income Corp., Sr. Unscd. Notes
3.20
2/15/2031
10,000
9,281
Realty Income Corp., Sr. Unscd. Notes
3.25
6/15/2029
151,000
144,941
Realty Income Corp., Sr. Unscd. Notes
3.40
1/15/2028
55,000
54,061
Realty Income Corp., Sr. Unscd. Notes
3.95
8/15/2027
60,000
59,726
Realty Income Corp., Sr. Unscd. Notes
4.65
3/15/2047
226,000
190,157
Realty Income Corp., Sr. Unscd. Notes
4.90
7/15/2033
60,000
58,652
Regency Centers LP, Gtd. Notes
2.95
9/15/2029
130,000
122,939
Regency Centers LP, Gtd. Notes
4.40
2/1/2047
25,000
20,336
Rexford Industrial Realty LP, Gtd. Notes
2.15
9/1/2031
40,000
34,529
Sabra Health Care LP, Gtd. Notes
3.90
10/15/2029
202,000
194,835
Safehold GL Holdings LLC, Gtd. Notes
2.80
6/15/2031
44,000
39,359
Simon Property Group LP, Sr. Unscd. Notes
2.20
2/1/2031
316,000
281,434
Simon Property Group LP, Sr. Unscd. Notes
2.45
9/13/2029
125,000
116,794
Simon Property Group LP, Sr. Unscd. Notes
2.65
7/15/2030
15,000
13,828
Simon Property Group LP, Sr. Unscd. Notes
3.25
9/13/2049
102,000
66,760
Simon Property Group LP, Sr. Unscd. Notes
3.38
12/1/2027
90,000
88,683
Simon Property Group LP, Sr. Unscd. Notes
4.75
9/26/2034
100,000
95,772
Simon Property Group LP, Sr. Unscd. Notes
4.75
3/15/2042
70,000
62,015
48


Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Real Estate — .9% (continued)
Simon Property Group LP, Sr. Unscd. Notes
5.13
10/1/2035
200,000
196,044
Simon Property Group LP, Sr. Unscd. Notes
5.50
3/8/2033
30,000
30,480
Simon Property Group LP, Sr. Unscd. Notes
6.25
1/15/2034
50,000
52,673
Store Capital LLC, Sr. Unscd. Notes
2.70
12/1/2031
78,000
68,003
Store Capital LLC, Sr. Unscd. Notes
2.75
11/18/2030
20,000
17,951
Sun Communities Operating LP, Gtd. Notes
4.20
4/15/2032
35,000
33,045
Tanger Properties LP, Sr. Unscd. Notes
2.75
9/1/2031
40,000
35,678
UDR, Inc., Gtd. Notes
2.10
8/1/2032
48,000
40,383
UDR, Inc., Gtd. Notes
3.00
8/15/2031
50,000
45,439
Ventas Realty LP, Gtd. Notes
3.00
1/15/2030
15,000
14,057
Ventas Realty LP, Gtd. Notes
4.40
1/15/2029
228,000
225,934
Ventas Realty LP, Gtd. Notes
4.88
4/15/2049
15,000
12,570
VICI Properties LP, Sr. Unscd. Notes
4.95
2/15/2030
315,000
311,487
VICI Properties LP, Sr. Unscd. Notes
5.63
5/15/2052
208,000
182,300
Welltower OP LLC, Gtd. Notes
2.75
1/15/2031
237,000
216,425
Welltower OP LLC, Gtd. Notes
3.10
1/15/2030
52,000
49,122
Weyerhaeuser Co., Sr. Unscd. Notes
4.00
11/15/2029
375,000
364,555
Weyerhaeuser Co., Sr. Unscd. Notes
4.00
4/15/2030
25,000
24,145
Weyerhaeuser Co., Sr. Unscd. Notes
4.00
3/9/2052
41,000
29,467
WP Carey, Inc., Sr. Unscd. Notes
2.25
4/1/2033
250,000
207,114
WP Carey, Inc., Sr. Unscd. Notes
3.85
7/15/2029
25,000
24,339
 
19,402,639
Retailing — .6%
AutoNation, Inc., Sr. Unscd. Notes
1.95
8/1/2028
45,000
42,505
AutoNation, Inc., Sr. Unscd. Notes
5.89
3/15/2035
100,000
100,235
AutoZone, Inc., Sr. Unscd. Notes
4.00
4/15/2030
75,000
72,567
AutoZone, Inc., Sr. Unscd. Notes
4.50
2/1/2028
65,000
64,905
AutoZone, Inc., Sr. Unscd. Notes
6.25
11/1/2028
611,000
630,010
Best Buy Co., Inc., Sr. Unscd. Notes
4.45
10/1/2028
318,000
316,197
Costco Wholesale Corp., Sr. Unscd. Notes
1.60
4/20/2030
15,000
13,477
Dick’s Sporting Goods, Inc., Sr. Unscd. Notes
3.15
1/15/2032
80,000
72,300
Dick’s Sporting Goods, Inc., Sr. Unscd. Notes
4.10
1/15/2052
85,000
58,846
Dollar General Corp., Sr. Unscd. Notes
4.13
4/3/2050
53,000
39,173
Dollar General Corp., Sr. Unscd. Notes
5.20
7/5/2028
10,000
10,086
Dollar General Corp., Sr. Unscd. Notes
5.45
7/5/2033
325,000
325,349
Dollar Tree, Inc., Sr. Unscd. Notes
3.38
12/1/2051
75,000
47,732
Dollar Tree, Inc., Sr. Unscd. Notes
4.20
5/15/2028
136,000
134,770
Genuine Parts Co., Sr. Unscd. Notes
2.75
2/1/2032
20,000
17,375
Lowe’s Companies., Inc., Sr. Unscd. Notes
1.70
9/15/2028
420,000
395,227
Lowe’s Companies., Inc., Sr. Unscd. Notes
1.70
10/15/2030
40,000
35,110
Lowe’s Companies., Inc., Sr. Unscd. Notes
2.63
4/1/2031
110,000
99,331
Lowe’s Companies., Inc., Sr. Unscd. Notes
3.00
10/15/2050
85,000
50,971
Lowe’s Companies., Inc., Sr. Unscd. Notes
3.50
4/1/2051
77,000
50,702
Lowe’s Companies., Inc., Sr. Unscd. Notes
3.70
4/15/2046
433,000
310,534
Lowe’s Companies., Inc., Sr. Unscd. Notes
3.75
4/1/2032
305,000
284,691
Lowe’s Companies., Inc., Sr. Unscd. Notes
4.00
10/15/2028
725,000
714,702
Lowe’s Companies., Inc., Sr. Unscd. Notes
4.05
5/3/2047
105,000
78,516
Lowe’s Companies., Inc., Sr. Unscd. Notes
4.25
4/1/2052
209,000
155,516
Lowe’s Companies., Inc., Sr. Unscd. Notes
4.45
4/1/2062
129,000
94,663
Lowe’s Companies., Inc., Sr. Unscd. Notes
5.80
9/15/2062
125,000
115,086
49

SCHEDULE OF INVESTMENTS (Unaudited) (continued)

Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Retailing — .6% (continued)
McDonald’s Corp., Sr. Unscd. Notes
2.63
9/1/2029
341,000
321,422
McDonald’s Corp., Sr. Unscd. Notes
3.63
9/1/2049
515,000
357,318
McDonald’s Corp., Sr. Unscd. Notes
3.80
4/1/2028
26,000
25,690
McDonald’s Corp., Sr. Unscd. Notes
4.20
4/1/2050
175,000
133,658
McDonald’s Corp., Sr. Unscd. Notes
4.45
3/1/2047
91,000
73,499
McDonald’s Corp., Sr. Unscd. Notes
4.70
12/9/2035
269,000
257,770
McDonald’s Corp., Sr. Unscd. Notes
4.95
8/14/2033
125,000
124,640
McDonald’s Corp., Sr. Unscd. Notes(a)
5.45
8/14/2053
115,000
105,207
McDonald’s Corp., Sr. Unscd. Notes
5.70
2/1/2039
75,000
75,695
McDonald’s Corp., Sr. Unscd. Notes
6.30
3/1/2038
135,000
143,631
O’Reilly Automotive, Inc., Sr. Unscd. Notes
1.75
3/15/2031
20,000
17,358
O’Reilly Automotive, Inc., Sr. Unscd. Notes
3.60
9/1/2027
50,000
49,523
O’Reilly Automotive, Inc., Sr. Unscd. Notes
3.90
6/1/2029
45,000
43,955
O’Reilly Automotive, Inc., Sr. Unscd. Notes
5.10
3/12/2036
350,000
338,700
Starbucks Corp., Sr. Unscd. Notes
3.35
3/12/2050
60,000
39,062
Starbucks Corp., Sr. Unscd. Notes
3.50
11/15/2050
102,000
68,032
Starbucks Corp., Sr. Unscd. Notes
3.55
8/15/2029
168,000
162,651
Starbucks Corp., Sr. Unscd. Notes
3.75
12/1/2047
68,000
48,597
Starbucks Corp., Sr. Unscd. Notes
4.45
8/15/2049
40,000
31,617
Starbucks Corp., Sr. Unscd. Notes
4.80
2/15/2033
165,000
161,595
Target Corp., Sr. Unscd. Notes
2.35
2/15/2030
40,000
36,921
Target Corp., Sr. Unscd. Notes
2.95
1/15/2052
164,000
99,781
Target Corp., Sr. Unscd. Notes(a)
3.38
4/15/2029
223,000
216,476
Target Corp., Sr. Unscd. Notes(a)
4.50
9/15/2032
100,000
98,609
Target Corp., Sr. Unscd. Notes(a)
4.80
1/15/2053
236,000
200,652
The Home Depot, Inc., Sr. Unscd. Notes
1.38
3/15/2031
127,000
109,166
The Home Depot, Inc., Sr. Unscd. Notes
2.38
3/15/2051
271,000
145,122
The Home Depot, Inc., Sr. Unscd. Notes
2.70
4/15/2030
168,000
156,531
The Home Depot, Inc., Sr. Unscd. Notes
2.95
6/15/2029
125,000
119,676
The Home Depot, Inc., Sr. Unscd. Notes(a)
3.50
9/15/2056
15,000
9,813
The Home Depot, Inc., Sr. Unscd. Notes
3.63
4/15/2052
498,000
342,279
The Home Depot, Inc., Sr. Unscd. Notes
4.25
4/1/2046
619,000
494,322
The Home Depot, Inc., Sr. Unscd. Notes(a)
4.50
9/15/2032
600,000
590,035
The Home Depot, Inc., Sr. Unscd. Notes
4.75
6/25/2029
839,000
842,942
The Home Depot, Inc., Sr. Unscd. Notes
4.95
6/25/2034
640,000
630,886
The Home Depot, Inc., Sr. Unscd. Notes
5.88
12/16/2036
374,000
388,400
The TJX Companies, Inc., Sr. Unscd. Notes
1.15
5/15/2028
10,000
9,442
The TJX Companies, Inc., Sr. Unscd. Notes
1.60
5/15/2031
102,000
88,106
Tractor Supply Co., Sr. Unscd. Notes(a)
5.25
5/15/2033
15,000
14,897
Walmart, Inc., Sr. Unscd. Notes
1.50
9/22/2028
60,000
56,544
Walmart, Inc., Sr. Unscd. Notes
2.50
9/22/2041
100,000
69,545
Walmart, Inc., Sr. Unscd. Notes
2.65
9/22/2051
285,000
167,156
Walmart, Inc., Sr. Unscd. Notes
2.95
9/24/2049
213,000
135,877
Walmart, Inc., Sr. Unscd. Notes
3.70
6/26/2028
50,000
49,434
Walmart, Inc., Sr. Unscd. Notes
3.90
4/15/2028
15,000
14,895
Walmart, Inc., Sr. Unscd. Notes
3.95
6/28/2038
10,000
8,972
Walmart, Inc., Sr. Unscd. Notes
4.00
4/15/2030
147,000
144,438
Walmart, Inc., Sr. Unscd. Notes
4.05
6/29/2048
213,000
167,424
Walmart, Inc., Sr. Unscd. Notes(a)
4.10
4/15/2033
525,000
503,959
50


Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Retailing — .6% (continued)
Walmart, Inc., Sr. Unscd. Notes
4.50
9/9/2052
129,000
106,446
Walmart, Inc., Sr. Unscd. Notes
5.25
9/1/2035
70,000
70,836
 
12,999,778
Semiconductors & Semiconductor Equipment — .6%
Analog Devices, Inc., Sr. Unscd. Notes
1.70
10/1/2028
370,000
348,204
Analog Devices, Inc., Sr. Unscd. Notes
2.95
10/1/2051
250,000
150,975
Applied Materials, Inc., Sr. Unscd. Notes(a)
5.10
10/1/2035
330,000
324,815
Broadcom Corp./Broadcom Cayman Finance Ltd., Gtd. Notes
3.50
1/15/2028
387,000
380,845
Broadcom, Inc., Gtd. Notes
1.95
2/15/2028
30,000
28,813
Broadcom, Inc., Gtd. Notes
2.45
2/15/2031
200,000
178,223
Broadcom, Inc., Gtd. Notes
2.60
2/15/2033
70,000
58,986
Broadcom, Inc., Gtd. Notes
3.50
2/15/2041
205,000
154,497
Broadcom, Inc., Sr. Unscd. Notes
3.19
11/15/2036
275,000
219,011
Broadcom, Inc., Sr. Unscd. Notes
3.47
4/15/2034
1,099,000
950,348
Broadcom, Inc., Sr. Unscd. Notes
4.00
4/15/2029
50,000
48,943
Broadcom, Inc., Sr. Unscd. Notes
4.15
4/15/2032
175,000
164,722
Broadcom, Inc., Sr. Unscd. Notes
4.80
2/15/2036
1,130,000
1,044,652
Broadcom, Inc., Sr. Unscd. Notes
4.90
7/15/2032
200,000
195,471
Broadcom, Inc., Sr. Unscd. Notes
5.15
11/15/2031
295,000
294,156
Broadcom, Inc., Sr. Unscd. Notes
5.20
7/15/2035
100,000
96,001
Intel Corp., Sr. Unscd. Notes
2.45
11/15/2029
155,000
143,141
Intel Corp., Sr. Unscd. Notes
2.80
8/12/2041
50,000
33,395
Intel Corp., Sr. Unscd. Notes
3.10
2/15/2060
170,000
89,653
Intel Corp., Sr. Unscd. Notes
3.20
8/12/2061
50,000
26,869
Intel Corp., Sr. Unscd. Notes
3.25
11/15/2049
50,000
30,503
Intel Corp., Sr. Unscd. Notes
3.90
3/25/2030
150,000
144,235
Intel Corp., Sr. Unscd. Notes
4.00
8/5/2029
200,000
195,025
Intel Corp., Sr. Unscd. Notes
4.00
12/15/2032
764,000
709,158
Intel Corp., Sr. Unscd. Notes
4.10
5/19/2046
75,000
54,616
Intel Corp., Sr. Unscd. Notes
4.60
3/25/2040
95,000
81,782
Intel Corp., Sr. Unscd. Notes
4.75
3/25/2050
200,000
155,601
Intel Corp., Sr. Unscd. Notes
4.90
8/5/2052
70,000
55,133
Intel Corp., Sr. Unscd. Notes
4.95
3/25/2060
50,000
38,635
Intel Corp., Sr. Unscd. Notes(a)
5.05
8/5/2062
130,000
100,320
Intel Corp., Sr. Unscd. Notes
5.13
2/10/2030
50,000
50,135
Intel Corp., Sr. Unscd. Notes
5.20
2/10/2033
550,000
543,715
Intel Corp., Sr. Unscd. Notes
5.63
2/10/2043
50,000
46,091
Intel Corp., Sr. Unscd. Notes
5.70
2/10/2053
470,000
417,135
KLA Corp., Sr. Unscd. Notes
3.30
3/1/2050
50,000
32,645
KLA Corp., Sr. Unscd. Notes
4.10
3/15/2029
54,000
53,180
KLA Corp., Sr. Unscd. Notes
5.25
7/15/2062
221,000
191,338
Lam Research Corp., Sr. Unscd. Notes
2.88
6/15/2050
104,000
62,757
Lam Research Corp., Sr. Unscd. Notes
3.13
6/15/2060
275,000
159,027
Lam Research Corp., Sr. Unscd. Notes
4.88
3/15/2049
60,000
51,605
Marvell Technology, Inc., Gtd. Notes
2.95
4/15/2031
400,000
362,837
Marvell Technology, Inc., Gtd. Notes
4.75
7/15/2030
21,000
20,716
Micron Technology, Inc., Sr. Unscd. Notes
3.37
11/1/2041
150,000
111,274
NVIDIA Corp., Sr. Unscd. Notes
2.85
4/1/2030
124,000
116,127
NVIDIA Corp., Sr. Unscd. Notes
3.50
4/1/2050
421,000
284,286
NVIDIA Corp., Sr. Unscd. Notes(a)
4.95
6/15/2036
700,000
668,820
51

SCHEDULE OF INVESTMENTS (Unaudited) (continued)

Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Semiconductors & Semiconductor Equipment — .6% (continued)
NVIDIA Corp., Sr. Unscd. Notes
5.63
6/15/2056
300,000
271,391
NXP BV/NXP Funding LLC, Gtd. Notes
5.55
12/1/2028
110,000
111,557
NXP BV/NXP Funding LLC/NXP USA, Inc., Gtd. Notes
4.30
6/18/2029
506,000
497,860
QUALCOMM, Inc., Sr. Unscd. Notes
2.15
5/20/2030
100,000
90,649
QUALCOMM, Inc., Sr. Unscd. Notes
3.25
5/20/2050
50,000
31,558
QUALCOMM, Inc., Sr. Unscd. Notes
4.30
5/20/2047
355,000
275,005
QUALCOMM, Inc., Sr. Unscd. Notes
5.00
5/20/2035
200,000
194,547
QUALCOMM, Inc., Sr. Unscd. Notes(a)
6.00
5/20/2053
60,000
57,985
Texas Instruments, Inc., Sr. Unscd. Notes
4.15
5/15/2048
450,000
349,989
Texas Instruments, Inc., Sr. Unscd. Notes(a)
4.60
2/15/2028
806,000
807,321
Texas Instruments, Inc., Sr. Unscd. Notes
5.00
3/14/2053
65,000
55,908
Texas Instruments, Inc., Sr. Unscd. Notes
5.05
5/18/2063
135,000
112,983
TSMC Arizona Corp., Gtd. Notes
2.50
10/25/2031
260,000
232,450
TSMC Arizona Corp., Gtd. Notes
4.50
4/22/2052
55,000
48,390
Xilinx, Inc., Gtd. Notes
2.38
6/1/2030
40,000
36,458
 
12,842,467
Supranational Bank — 1.3%
African Development Bank, Jr. Sub. Notes(d)
5.75
5/7/2034
200,000
195,076
African Development Bank, Sr. Unscd. Bonds
4.38
3/14/2028
230,000
230,263
African Development Bank, Sr. Unscd. Notes
3.63
3/3/2031
25,000
24,153
African Development Bank, Sr. Unscd. Notes
4.38
11/3/2027
1,427,000
1,428,737
African Development Bank, Unscd. Notes
3.88
6/12/2028
70,000
69,470
Asian Development Bank, Sr. Unscd. Bonds
6.22
8/15/2027
317,000
321,857
Asian Development Bank, Sr. Unscd. Notes
1.50
3/4/2031
35,000
30,781
Asian Development Bank, Sr. Unscd. Notes(a)
1.75
9/19/2029
219,000
202,449
Asian Development Bank, Sr. Unscd. Notes
3.13
9/26/2028
273,000
266,545
Asian Development Bank, Sr. Unscd. Notes
3.88
6/14/2033
750,000
719,121
Asian Development Bank, Sr. Unscd. Notes
4.25
1/14/2036
475,000
458,779
Asian Development Bank, Sr. Unscd. Notes
4.50
8/25/2028
905,000
908,651
Asian Development Bank, Sr. Unscd. Notes
4.75
2/12/2030
50,000
49,933
Corp. Andina de Fomento, Sr. Unscd. Bonds
5.00
1/22/2030
30,000
30,381
Corp. Andina de Fomento, Sr. Unscd. Notes
5.00
1/24/2029
370,000
374,135
Council of Europe Development Bank, Sr. Unscd. Bonds
3.63
1/26/2028
75,000
74,295
European Bank for Reconstruction & Development, Notes
4.38
3/9/2028
83,000
83,104
European Bank for Reconstruction & Development, Sr. Unscd. Notes
4.13
1/25/2029
45,000
44,765
European Bank for Reconstruction & Development, Sr. Unscd. Notes
4.25
3/13/2034
500,000
487,654
European Investment Bank, Sr. Unscd. Bonds
1.63
10/9/2029
290,000
266,733
European Investment Bank, Sr. Unscd. Bonds
3.25
11/15/2027
635,000
627,176
European Investment Bank, Sr. Unscd. Bonds
3.63
7/15/2030
900,000
875,226
European Investment Bank, Sr. Unscd. Bonds
3.75
2/14/2033
100,000
95,509
European Investment Bank, Sr. Unscd. Bonds
3.88
6/15/2028
1,255,000
1,245,918
European Investment Bank, Sr. Unscd. Bonds
4.13
2/13/2034
715,000
693,186
European Investment Bank, Sr. Unscd. Bonds
4.25
8/16/2032
35,000
34,515
European Investment Bank, Sr. Unscd. Bonds
4.63
2/12/2035
495,000
493,450
European Investment Bank, Sr. Unscd. Notes
0.88
5/17/2030
700,000
615,193
European Investment Bank, Sr. Unscd. Notes
1.25
2/14/2031
100,000
87,081
European Investment Bank, Sr. Unscd. Notes
3.75
5/15/2029
1,100,000
1,083,005
European Investment Bank, Sr. Unscd. Notes
3.75
3/13/2031
350,000
340,241
European Investment Bank, Sr. Unscd. Notes
4.38
8/16/2033
300,000
296,288
European Investment Bank, Sr. Unscd. Notes
4.75
6/15/2029
1,297,000
1,310,898
52


Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Supranational Bank — 1.3% (continued)
Inter-American Development Bank, Sr. Unscd. Bonds
1.13
7/20/2028
440,000
414,060
Inter-American Development Bank, Sr. Unscd. Bonds
4.13
2/15/2029
410,000
407,854
Inter-American Development Bank, Sr. Unscd. Bonds
4.25
8/11/2031
300,000
297,322
Inter-American Development Bank, Sr. Unscd. Notes
1.13
1/13/2031
880,000
763,814
Inter-American Development Bank, Sr. Unscd. Notes
2.25
6/18/2029
243,000
229,302
Inter-American Development Bank, Sr. Unscd. Notes
3.50
9/14/2029
113,000
110,206
Inter-American Development Bank, Sr. Unscd. Notes
3.50
4/12/2033
45,000
42,234
Inter-American Development Bank, Sr. Unscd. Notes
3.63
9/17/2031
830,000
798,519
Inter-American Development Bank, Sr. Unscd. Notes
3.88
10/28/2041
150,000
128,619
Inter-American Development Bank, Sr. Unscd. Notes
4.38
7/16/2035
185,000
180,617
Inter-American Development Bank, Unscd. Bonds
0.63
9/16/2027
115,000
110,475
Inter-American Investment Corp., Sr. Unscd. Bonds
4.25
4/1/2030
20,000
19,862
Inter-American Investment Corp., Sr. Unscd. Notes
3.63
11/20/2028
475,000
467,576
Inter-American Investment Corp., Sr. Unscd. Notes
4.13
2/15/2028
85,000
84,742
Inter-American Investment Corp., Sr. Unscd. Notes
4.25
2/14/2029
20,000
19,930
International Bank for Reconstruction & Development, Sr. Unscd. Bonds
0.75
8/26/2030
775,000
670,917
International Bank for Reconstruction & Development, Sr. Unscd. Bonds
1.13
9/13/2028
970,000
908,620
International Bank for Reconstruction & Development, Sr. Unscd. Bonds
1.25
2/10/2031
260,000
226,437
International Bank for Reconstruction & Development, Sr. Unscd. Bonds
3.63
5/5/2028
45,000
44,507
International Bank for Reconstruction & Development, Sr. Unscd. Bonds
3.88
10/16/2029
788,000
776,659
International Bank for Reconstruction & Development, Sr. Unscd. Bonds
3.88
8/28/2034
25,000
23,748
International Bank for Reconstruction & Development, Sr. Unscd. Bonds
4.00
7/25/2030
155,000
152,846
International Bank for Reconstruction & Development, Sr. Unscd. Bonds
4.50
5/20/2036
1,550,000
1,523,086
International Bank for Reconstruction & Development, Sr. Unscd. Notes
1.63
11/3/2031
2,580,000
2,239,645
International Bank for Reconstruction & Development, Sr. Unscd. Notes
2.50
3/29/2032
400,000
360,534
International Bank for Reconstruction & Development, Sr. Unscd. Notes
3.50
7/12/2028
66,000
65,041
International Bank for Reconstruction & Development, Sr. Unscd. Notes
4.75
2/15/2035
155,000
155,695
International Bank for Reconstruction & Development, Sr. Unscd. Notes, Ser.
GDIF
2.50
11/22/2027
1,298,000
1,269,246
International Bank for Reconstruction & Development, Sr. Unscd. Notes, Ser.
GDIF
5.10
4/5/2034
185,000
183,853
International Finance Corp., Sr. Unscd. Notes
0.75
8/27/2030
350,000
303,063
Nordic Investment Bank, Sr. Unscd. Bonds
3.75
8/28/2028
275,000
272,137
Nordic Investment Bank, Sr. Unscd. Notes
3.38
9/8/2027
30,000
29,721
The Asian Infrastructure Investment Bank, Sr. Unscd. Bonds
4.13
1/18/2029
300,000
298,538
The Asian Infrastructure Investment Bank, Sr. Unscd. Notes
4.13
1/14/2036
500,000
477,850
 
28,121,843
Technology Hardware & Equipment — .4%
Accenture Capital, Inc., Gtd. Notes
4.50
10/4/2034
200,000
187,623
Amdocs Ltd., Sr. Unscd. Notes
2.54
6/15/2030
140,000
126,018
Apple, Inc., Sr. Unscd. Bonds(a)
4.75
5/12/2035
300,000
296,585
Apple, Inc., Sr. Unscd. Notes
1.25
8/20/2030
138,000
121,094
Apple, Inc., Sr. Unscd. Notes
1.40
8/5/2028
105,000
99,186
Apple, Inc., Sr. Unscd. Notes
1.65
5/11/2030
500,000
449,203
Apple, Inc., Sr. Unscd. Notes
1.70
8/5/2031
250,000
217,337
Apple, Inc., Sr. Unscd. Notes
2.20
9/11/2029
152,000
142,248
Apple, Inc., Sr. Unscd. Notes
2.38
2/8/2041
60,000
41,115
Apple, Inc., Sr. Unscd. Notes
2.65
5/11/2050
485,000
281,341
Apple, Inc., Sr. Unscd. Notes
2.65
2/8/2051
431,000
247,325
Apple, Inc., Sr. Unscd. Notes
2.70
8/5/2051
370,000
213,653
53

SCHEDULE OF INVESTMENTS (Unaudited) (continued)

Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Technology Hardware & Equipment — .4% (continued)
Apple, Inc., Sr. Unscd. Notes
2.85
8/5/2061
100,000
54,139
Apple, Inc., Sr. Unscd. Notes
2.90
9/12/2027
36,000
35,466
Apple, Inc., Sr. Unscd. Notes
2.95
9/11/2049
150,000
93,290
Apple, Inc., Sr. Unscd. Notes
3.25
8/8/2029
166,000
160,306
Apple, Inc., Sr. Unscd. Notes
3.35
8/8/2032
155,000
144,715
Apple, Inc., Sr. Unscd. Notes
3.85
5/4/2043
411,000
326,388
Apple, Inc., Sr. Unscd. Notes
3.85
8/4/2046
166,000
125,765
Apple, Inc., Sr. Unscd. Notes(a)
3.95
8/8/2052
25,000
18,368
Apple, Inc., Sr. Unscd. Notes
4.00
5/10/2028
30,000
29,835
Apple, Inc., Sr. Unscd. Notes
4.00
5/12/2028
500,000
497,046
Apple, Inc., Sr. Unscd. Notes
4.15
5/10/2030
116,000
114,809
Apple, Inc., Sr. Unscd. Notes
4.20
5/12/2030
200,000
198,175
Apple, Inc., Sr. Unscd. Notes(a)
4.50
5/12/2032
200,000
199,168
Apple, Inc., Sr. Unscd. Notes
4.65
2/23/2046
207,000
177,737
Apple, Inc., Sr. Unscd. Notes(a)
4.85
5/10/2053
85,000
74,330
Dell International LLC/EMC Corp., Gtd. Notes
3.38
12/15/2041
398,000
291,592
Dell International LLC/EMC Corp., Gtd. Notes
3.45
12/15/2051
40,000
26,207
Dell International LLC/EMC Corp., Gtd. Notes
5.25
2/15/2037
300,000
287,766
Dell International LLC/EMC Corp., Gtd. Notes
5.40
4/15/2034
50,000
49,613
Dell International LLC/EMC Corp., Gtd. Notes
5.75
2/1/2033
25,000
25,505
Dell International LLC/EMC Corp., Gtd. Notes
8.10
7/15/2036
19,000
22,034
Dell International LLC/EMC Corp., Sr. Unscd. Notes
5.30
10/1/2029
116,000
117,282
Dell International LLC/EMC Corp., Sr. Unscd. Notes
8.35
7/15/2046
100,000
121,312
Dell, Inc., Sr. Unscd. Notes
6.50
4/15/2038
20,000
20,892
Hewlett Packard Enterprise Co., Sr. Unscd. Notes(a)
5.60
10/15/2054
450,000
391,716
HP, Inc., Sr. Unscd. Notes
4.75
1/15/2028
20,000
20,009
HP, Inc., Sr. Unscd. Notes
5.40
4/25/2030
500,000
504,726
International Business Machines Corp., Sr. Unscd. Notes
2.95
5/15/2050
480,000
274,705
International Business Machines Corp., Sr. Unscd. Notes
3.43
2/9/2052
60,000
36,883
International Business Machines Corp., Sr. Unscd. Notes
4.00
6/20/2042
140,000
107,716
International Business Machines Corp., Sr. Unscd. Notes
4.15
5/15/2039
109,900
91,454
International Business Machines Corp., Sr. Unscd. Notes
4.50
2/6/2028
215,000
214,616
International Business Machines Corp., Sr. Unscd. Notes
4.70
2/19/2046
210,000
168,675
International Business Machines Corp., Sr. Unscd. Notes(a)
4.90
7/27/2052
274,000
217,206
International Business Machines Corp., Sr. Unscd. Notes
5.10
2/6/2053
139,000
112,785
Kyndryl Holdings, Inc., Sr. Unscd. Notes
4.10
10/15/2041
185,000
128,401
Leidos, Inc., Gtd. Notes
5.50
3/15/2035
100,000
98,887
Teledyne FLIR LLC, Sr. Unscd. Notes
2.50
8/1/2030
25,000
22,703
 
8,024,950
Telecommunication Services — 1.0%
America Movil SAB de CV, Gtd. Notes
6.13
3/30/2040
20,000
20,336
America Movil SAB de CV, Sr. Unscd. Notes
4.38
7/16/2042
305,000
253,960
AT&T, Inc., Sr. Unscd. Bonds
5.65
2/15/2047
50,000
45,087
AT&T, Inc., Sr. Unscd. Notes
1.65
2/1/2028
555,000
530,725
AT&T, Inc., Sr. Unscd. Notes
2.25
2/1/2032
125,400
107,663
AT&T, Inc., Sr. Unscd. Notes
2.55
12/1/2033
382,000
314,576
AT&T, Inc., Sr. Unscd. Notes(a)
3.10
2/1/2043
60,000
40,875
AT&T, Inc., Sr. Unscd. Notes
3.30
2/1/2052
200,000
117,685
AT&T, Inc., Sr. Unscd. Notes
3.50
9/15/2053
470,000
283,891
AT&T, Inc., Sr. Unscd. Notes
3.55
9/15/2055
143,000
85,758
54


Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Telecommunication Services — 1.0% (continued)
AT&T, Inc., Sr. Unscd. Notes
3.65
6/1/2051
150,000
95,178
AT&T, Inc., Sr. Unscd. Notes
3.65
9/15/2059
435,000
258,109
AT&T, Inc., Sr. Unscd. Notes
3.80
12/1/2057
1,215,000
751,358
AT&T, Inc., Sr. Unscd. Notes
4.10
2/15/2028
165,000
163,490
AT&T, Inc., Sr. Unscd. Notes
4.30
2/15/2030
75,000
73,331
AT&T, Inc., Sr. Unscd. Notes
4.35
3/1/2029
465,000
459,363
AT&T, Inc., Sr. Unscd. Notes
4.50
5/15/2035
62,000
56,901
AT&T, Inc., Sr. Unscd. Notes
4.50
3/9/2048
260,500
196,050
AT&T, Inc., Sr. Unscd. Notes
4.55
3/9/2049
50,000
37,634
AT&T, Inc., Sr. Unscd. Notes
4.75
5/15/2046
700,000
555,847
AT&T, Inc., Sr. Unscd. Notes(a)
4.90
11/1/2035
300,000
282,742
AT&T, Inc., Sr. Unscd. Notes
5.15
3/15/2042
219,000
192,096
AT&T, Inc., Sr. Unscd. Notes
5.25
3/1/2037
250,000
237,801
AT&T, Inc., Sr. Unscd. Notes
5.40
2/15/2034
1,108,000
1,099,727
AT&T, Inc., Sr. Unscd. Notes
5.70
11/1/2054
75,000
64,714
Bell Telephone Co. of Canada or Bell Canada, Gtd. Notes
5.55
2/15/2054
106,000
94,903
British Telecommunications Ltd., Sr. Unscd. Notes
5.13
12/4/2028
100,000
100,584
Cisco Systems, Inc., Sr. Unscd. Notes
5.30
2/26/2054
50,000
44,780
Cisco Systems, Inc., Sr. Unscd. Notes
5.35
2/26/2064
632,000
556,251
Corning, Inc., Sr. Unscd. Notes
4.38
11/15/2057
300,000
222,191
Corning, Inc., Sr. Unscd. Notes
5.35
11/15/2048
60,000
53,535
Corning, Inc., Sr. Unscd. Notes
5.45
11/15/2079
197,000
168,332
Corning, Inc., Sr. Unscd. Notes
5.85
11/15/2068
55,000
50,279
Deutsche Telekom International Finance BV, Gtd. Bonds
8.25
6/15/2030
50,000
55,675
Deutsche Telekom International Finance BV, Gtd. Bonds
9.25
6/1/2032
100,000
120,406
Juniper Networks, Inc., Sr. Unscd. Notes
2.00
12/10/2030
135,000
117,834
Juniper Networks, Inc., Sr. Unscd. Notes
3.75
8/15/2029
40,000
38,509
Motorola Solutions, Inc., Sr. Unscd. Notes
2.30
11/15/2030
292,000
261,059
Motorola Solutions, Inc., Sr. Unscd. Notes
2.75
5/24/2031
82,000
73,760
Motorola Solutions, Inc., Sr. Unscd. Notes
4.60
2/23/2028
15,000
14,999
Motorola Solutions, Inc., Sr. Unscd. Notes
5.00
4/15/2029
600,000
602,872
Motorola Solutions, Inc., Sr. Unscd. Notes
5.60
6/1/2032
99,000
100,653
Nokia OYJ, Sr. Unscd. Notes
6.63
5/15/2039
210,000
211,330
Orange SA, Sr. Unscd. Notes
5.38
1/13/2042
102,000
95,243
Orange SA, Sr. Unscd. Notes
9.00
3/1/2031
295,000
339,877
Rogers Communications, Inc., Gtd. Notes
4.50
3/15/2042
500,000
406,916
Rogers Communications, Inc., Gtd. Notes
5.30
2/15/2034
300,000
291,218
Sprint Capital Corp., Gtd. Notes
6.88
11/15/2028
325,000
339,165
Sprint Capital Corp., Gtd. Notes
8.75
3/15/2032
135,000
157,060
Telefonica Emisiones SA, Gtd. Notes
4.90
3/6/2048
240,000
193,068
Telefonica Emisiones SA, Gtd. Notes(a)
5.52
3/1/2049
130,000
113,457
Telefonica Emisiones SA, Gtd. Notes
7.05
6/20/2036
343,000
369,106
Telefonica Europe BV, Gtd. Notes
8.25
9/15/2030
91,000
100,950
TELUS Corp., Sr. Unscd. Notes
3.70
9/15/2027
109,000
107,814
T-Mobile USA, Inc., Gtd. Notes
2.05
2/15/2028
27,000
25,946
T-Mobile USA, Inc., Gtd. Notes
2.40
3/15/2029
100,000
94,057
T-Mobile USA, Inc., Gtd. Notes
2.55
2/15/2031
391,000
350,822
T-Mobile USA, Inc., Gtd. Notes
2.70
3/15/2032
109,000
95,683
T-Mobile USA, Inc., Gtd. Notes
2.88
2/15/2031
650,000
591,251
T-Mobile USA, Inc., Gtd. Notes
3.30
2/15/2051
260,000
158,135
55

SCHEDULE OF INVESTMENTS (Unaudited) (continued)

Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Telecommunication Services — 1.0% (continued)
T-Mobile USA, Inc., Gtd. Notes
3.40
10/15/2052
164,000
100,028
T-Mobile USA, Inc., Gtd. Notes
3.60
11/15/2060
95,000
56,791
T-Mobile USA, Inc., Gtd. Notes
4.38
4/15/2040
315,000
265,742
T-Mobile USA, Inc., Gtd. Notes
4.50
4/15/2050
126,000
95,099
T-Mobile USA, Inc., Gtd. Notes
4.80
7/15/2028
368,000
368,722
T-Mobile USA, Inc., Gtd. Notes
4.95
3/15/2028
415,000
416,669
T-Mobile USA, Inc., Gtd. Notes
5.05
7/15/2033
145,000
141,779
T-Mobile USA, Inc., Gtd. Notes
5.15
4/15/2034
300,000
293,626
T-Mobile USA, Inc., Gtd. Notes
5.65
1/15/2053
403,000
354,736
T-Mobile USA, Inc., Gtd. Notes
5.75
1/15/2034
260,000
263,675
T-Mobile USA, Inc., Gtd. Notes
5.75
1/15/2054
75,000
67,016
T-Mobile USA, Inc., Gtd. Notes
5.80
9/15/2062
166,000
146,084
T-Mobile USA, Inc., Gtd. Notes(a)
6.00
6/15/2054
99,000
91,379
Verizon Communications, Inc., Jr. Sub. Notes
6.20
5/14/2056
200,000
195,662
Verizon Communications, Inc., Sr. Unscd. Notes
1.50
9/18/2030
205,000
178,925
Verizon Communications, Inc., Sr. Unscd. Notes
1.68
10/30/2030
140,000
122,479
Verizon Communications, Inc., Sr. Unscd. Notes
1.75
1/20/2031
30,000
26,139
Verizon Communications, Inc., Sr. Unscd. Notes
2.36
3/15/2032
455,000
393,959
Verizon Communications, Inc., Sr. Unscd. Notes
2.85
9/3/2041
50,000
34,091
Verizon Communications, Inc., Sr. Unscd. Notes
2.88
11/20/2050
435,000
248,765
Verizon Communications, Inc., Sr. Unscd. Notes
2.99
10/30/2056
300,000
163,909
Verizon Communications, Inc., Sr. Unscd. Notes
3.00
11/20/2060
654,000
352,086
Verizon Communications, Inc., Sr. Unscd. Notes
3.15
3/22/2030
50,000
47,078
Verizon Communications, Inc., Sr. Unscd. Notes
3.40
3/22/2041
210,000
155,740
Verizon Communications, Inc., Sr. Unscd. Notes
3.55
3/22/2051
93,000
60,826
Verizon Communications, Inc., Sr. Unscd. Notes
3.70
3/22/2061
140,000
87,686
Verizon Communications, Inc., Sr. Unscd. Notes
3.88
2/8/2029
161,000
157,725
Verizon Communications, Inc., Sr. Unscd. Notes
3.88
3/1/2052
30,000
20,596
Verizon Communications, Inc., Sr. Unscd. Notes
4.02
12/3/2029
260,000
253,758
Verizon Communications, Inc., Sr. Unscd. Notes
4.33
9/21/2028
251,000
249,262
Verizon Communications, Inc., Sr. Unscd. Notes
4.50
8/10/2033
127,000
120,399
Verizon Communications, Inc., Sr. Unscd. Notes
4.52
9/15/2048
194,000
150,415
Verizon Communications, Inc., Sr. Unscd. Notes
4.75
1/15/2033
200,000
193,822
Verizon Communications, Inc., Sr. Unscd. Notes
4.78
2/15/2035
250,000
235,813
Verizon Communications, Inc., Sr. Unscd. Notes
4.81
3/15/2039
500,000
449,252
Verizon Communications, Inc., Sr. Unscd. Notes
4.86
8/21/2046
50,000
41,169
Verizon Communications, Inc., Sr. Unscd. Notes
5.00
1/15/2036
200,000
189,740
Verizon Communications, Inc., Sr. Unscd. Notes
5.01
8/21/2054
34,000
27,803
Verizon Communications, Inc., Sr. Unscd. Notes
5.05
5/9/2033
165,000
163,009
Verizon Communications, Inc., Sr. Unscd. Notes
5.50
3/16/2047
40,000
36,058
Verizon Communications, Inc., Sr. Unscd. Notes
5.75
11/30/2045
200,000
184,960
Verizon Communications, Inc., Sr. Unscd. Notes
5.85
9/15/2035
305,000
310,649
Verizon Communications, Inc., Sr. Unscd. Notes
5.88
11/30/2055
300,000
274,079
Verizon Communications, Inc., Sr. Unscd. Notes
6.00
11/30/2065
200,000
181,443
Verizon Communications, Inc., Sr. Unscd. Notes
6.55
9/15/2043
260,000
266,053
Vodafone Group PLC, Sr. Unscd. Bonds
6.15
2/27/2037
175,000
180,613
Vodafone Group PLC, Sr. Unscd. Notes
4.25
9/17/2050
100,000
73,231
Vodafone Group PLC, Sr. Unscd. Notes
4.88
6/19/2049
25,000
20,309
Vodafone Group PLC, Sr. Unscd. Notes
5.63
2/10/2053
200,000
176,462
Vodafone Group PLC, Sr. Unscd. Notes(a)
5.75
6/28/2054
100,000
90,062
56


Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Telecommunication Services — 1.0% (continued)
Vodafone Group PLC, Sr. Unscd. Notes
5.75
2/10/2063
95,000
83,499
Vodafone Group PLC, Sr. Unscd. Notes(a)
5.88
6/28/2064
280,000
249,083
 
22,150,572
Transportation — .5%
Burlington Northern Santa Fe LLC, Sr. Unscd. Debs.
3.90
8/1/2046
165,000
124,700
Burlington Northern Santa Fe LLC, Sr. Unscd. Debs.
4.15
12/15/2048
131,000
101,181
Burlington Northern Santa Fe LLC, Sr. Unscd. Debs.
4.45
1/15/2053
155,000
122,646
Burlington Northern Santa Fe LLC, Sr. Unscd. Debs.
4.55
9/1/2044
222,000
187,673
Burlington Northern Santa Fe LLC, Sr. Unscd. Debs.
5.75
5/1/2040
125,000
126,692
Burlington Northern Santa Fe LLC, Sr. Unscd. Debs.
6.15
5/1/2037
315,000
335,348
Burlington Northern Santa Fe LLC, Sr. Unscd. Debs.
6.20
8/15/2036
25,000
26,626
Burlington Northern Santa Fe LLC, Sr. Unscd. Notes
4.45
3/15/2043
158,000
134,833
Burlington Northern Santa Fe LLC, Sr. Unscd. Notes
4.70
9/1/2045
40,000
34,322
Canadian National Railway Co., Sr. Unscd. Debs.
6.38
11/15/2037
72,000
77,733
Canadian National Railway Co., Sr. Unscd. Notes
2.45
5/1/2050
142,000
79,418
Canadian National Railway Co., Sr. Unscd. Notes
4.20
3/12/2031
115,000
111,690
Canadian National Railway Co., Sr. Unscd. Notes
4.38
9/18/2034
50,000
47,460
Canadian National Railway Co., Sr. Unscd. Notes
4.45
1/20/2049
115,000
93,474
Canadian National Railway Co., Sr. Unscd. Notes
5.85
11/1/2033
510,000
536,801
Canadian National Railway Co., Sr. Unscd. Notes
6.20
6/1/2036
115,000
122,255
Canadian National Railway Co., Sr. Unscd. Notes
6.25
8/1/2034
113,000
120,882
Canadian Pacific Railway Co., Gtd. Notes
2.88
11/15/2029
223,000
210,391
Canadian Pacific Railway Co., Gtd. Notes
4.70
5/1/2048
35,000
29,429
Canadian Pacific Railway Co., Gtd. Notes
4.80
9/15/2035
250,000
240,337
Canadian Pacific Railway Co., Gtd. Notes
4.80
8/1/2045
50,000
43,259
Canadian Pacific Railway Co., Gtd. Notes
4.95
8/15/2045
226,000
199,110
Canadian Pacific Railway Co., Gtd. Notes
6.13
9/15/2115
205,000
200,522
CSX Corp., Sr. Unscd. Notes
2.40
2/15/2030
600,000
554,789
CSX Corp., Sr. Unscd. Notes
3.35
9/15/2049
175,000
117,012
CSX Corp., Sr. Unscd. Notes
3.80
4/15/2050
95,000
68,859
CSX Corp., Sr. Unscd. Notes
4.10
11/15/2032
100,000
95,779
CSX Corp., Sr. Unscd. Notes
4.10
3/15/2044
110,000
87,883
CSX Corp., Sr. Unscd. Notes
4.50
11/15/2052
100,000
80,312
CSX Corp., Sr. Unscd. Notes
4.75
11/15/2048
13,000
10,987
CSX Corp., Sr. Unscd. Notes
5.20
11/15/2033
200,000
201,068
CSX Corp., Sr. Unscd. Notes
6.22
4/30/2040
20,000
21,002
FedEx Corp., Gtd. Bonds
4.90
1/15/2034
630,000
614,796
FedEx Corp., Gtd. Notes
3.10
8/5/2029
50,000
47,551
FedEx Corp., Gtd. Notes
3.10
8/5/2029
120,000
114,166
FedEx Corp., Gtd. Notes
4.25
5/15/2030
150,000
146,376
FedEx Corp., Gtd. Notes
5.10
1/15/2044
35,000
31,101
GXO Logistics, Inc., Sr. Unscd. Notes
2.65
7/15/2031
400,000
351,955
Kirby Corp., Sr. Unscd. Notes
4.20
3/1/2028
55,000
54,537
Norfolk Southern Corp., Sr. Unscd. Bonds
4.84
10/1/2041
50,000
45,172
Norfolk Southern Corp., Sr. Unscd. Notes
2.55
11/1/2029
189,000
176,608
Norfolk Southern Corp., Sr. Unscd. Notes
3.05
5/15/2050
738,000
457,975
Norfolk Southern Corp., Sr. Unscd. Notes
4.05
8/15/2052
145,000
106,585
Norfolk Southern Corp., Sr. Unscd. Notes
4.15
2/28/2048
50,000
38,492
Norfolk Southern Corp., Sr. Unscd. Notes
4.45
3/1/2033
110,000
106,182
Norfolk Southern Corp., Sr. Unscd. Notes
4.45
6/15/2045
25,000
20,644
57

SCHEDULE OF INVESTMENTS (Unaudited) (continued)

Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Transportation — .5% (continued)
Norfolk Southern Corp., Sr. Unscd. Notes
4.55
6/1/2053
204,000
162,310
Norfolk Southern Corp., Sr. Unscd. Notes
5.35
8/1/2054
60,000
53,960
Ryder System, Inc., Sr. Unscd. Notes
5.25
6/1/2028
175,000
176,605
Ryder System, Inc., Sr. Unscd. Notes(a)
5.65
3/1/2028
45,000
45,638
Union Pacific Corp., Sr. Unscd. Notes
2.38
5/20/2031
100,000
89,562
Union Pacific Corp., Sr. Unscd. Notes
2.40
2/5/2030
164,000
151,660
Union Pacific Corp., Sr. Unscd. Notes
2.80
2/14/2032
190,000
170,852
Union Pacific Corp., Sr. Unscd. Notes
2.97
9/16/2062
266,000
146,216
Union Pacific Corp., Sr. Unscd. Notes
3.25
2/5/2050
165,000
108,041
Union Pacific Corp., Sr. Unscd. Notes
3.35
8/15/2046
90,000
62,385
Union Pacific Corp., Sr. Unscd. Notes
3.50
2/14/2053
320,000
214,292
Union Pacific Corp., Sr. Unscd. Notes
3.70
3/1/2029
38,000
37,159
Union Pacific Corp., Sr. Unscd. Notes
3.75
2/5/2070
100,000
64,245
Union Pacific Corp., Sr. Unscd. Notes
3.85
2/14/2072
15,000
9,949
Union Pacific Corp., Sr. Unscd. Notes
3.95
9/10/2028
95,000
93,950
Union Pacific Corp., Sr. Unscd. Notes
3.95
8/15/2059
230,000
161,071
Union Pacific Corp., Sr. Unscd. Notes
4.05
11/15/2045
45,000
35,035
Union Pacific Corp., Sr. Unscd. Notes
4.05
3/1/2046
125,000
97,025
Union Pacific Corp., Sr. Unscd. Notes
4.10
9/15/2067
15,000
10,524
Union Pacific Corp., Sr. Unscd. Notes
4.30
3/1/2049
85,000
67,141
Union Pacific Corp., Sr. Unscd. Notes(a)
4.95
5/15/2053
10,000
8,588
Union Pacific Corp., Sr. Unscd. Notes
5.60
12/1/2054
60,000
56,778
Union Pacific Corp., Sr. Unscd. Notes
6.63
2/1/2029
50,000
52,444
United Parcel Service, Inc., Sr. Unscd. Bonds(a)
5.25
5/14/2035
100,000
100,219
United Parcel Service, Inc., Sr. Unscd. Bonds
5.95
5/14/2055
100,000
97,792
United Parcel Service, Inc., Sr. Unscd. Notes
2.50
9/1/2029
245,000
230,144
United Parcel Service, Inc., Sr. Unscd. Notes
3.05
11/15/2027
648,000
637,432
United Parcel Service, Inc., Sr. Unscd. Notes
4.25
3/15/2049
202,000
156,315
United Parcel Service, Inc., Sr. Unscd. Notes
4.45
4/1/2030
300,000
297,939
United Parcel Service, Inc., Sr. Unscd. Notes
4.88
3/3/2033
335,000
334,651
United Parcel Service, Inc., Sr. Unscd. Notes(a)
5.30
4/1/2050
135,000
122,270
United Parcel Service, Inc., Sr. Unscd. Notes
6.05
5/14/2065
100,000
97,691
 
11,006,496
Utilities — 2.5%
AEP Texas, Inc., Sr. Unscd. Notes
5.70
5/15/2034
355,000
359,050
AEP Texas, Inc., Sr. Unscd. Notes, Ser. I
2.10
7/1/2030
90,000
80,912
AEP Transmission Co. LLC, Sr. Unscd. Notes
3.80
6/15/2049
30,000
21,418
AEP Transmission Co. LLC, Sr. Unscd. Notes
4.25
9/15/2048
90,000
69,985
Alabama Power Co., Sr. Unscd. Notes
3.13
7/15/2051
170,000
106,203
Alabama Power Co., Sr. Unscd. Notes
4.30
1/2/2046
65,000
51,950
Alabama Power Co., Sr. Unscd. Notes
5.85
11/15/2033
520,000
537,357
Ameren Corp., Sr. Unscd. Notes
1.75
3/15/2028
50,000
47,703
Ameren Illinois Co., First Mortgage Bonds
1.55
11/15/2030
85,000
74,204
Ameren Illinois Co., First Mortgage Bonds
2.90
6/15/2051
110,000
66,351
American Electric Power Co., Inc., Jr. Sub. Notes
6.95
12/15/2054
250,000
263,132
American Electric Power Co., Inc., Sr. Unscd. Notes
2.30
3/1/2030
150,000
137,171
American Electric Power Co., Inc., Sr. Unscd. Notes
5.20
1/15/2029
70,000
70,735
American Electric Power Co., Inc., Sr. Unscd. Notes
5.75
11/1/2027
185,000
187,441
American Water Capital Corp., Sr. Unscd. Bonds
5.25
3/1/2035
250,000
247,867
American Water Capital Corp., Sr. Unscd. Bonds
6.59
10/15/2037
145,000
157,982
58


Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Utilities — 2.5% (continued)
American Water Capital Corp., Sr. Unscd. Notes
2.80
5/1/2030
100,000
92,982
American Water Capital Corp., Sr. Unscd. Notes
3.25
6/1/2051
50,000
31,916
American Water Capital Corp., Sr. Unscd. Notes
3.45
5/1/2050
250,000
167,752
American Water Capital Corp., Sr. Unscd. Notes
3.75
9/1/2028
104,000
102,193
American Water Capital Corp., Sr. Unscd. Notes
3.75
9/1/2047
70,000
50,865
American Water Capital Corp., Sr. Unscd. Notes
4.45
6/1/2032
100,000
97,213
Appalachian Power Co., Sr. Unscd. Notes
5.65
4/1/2034
250,000
252,454
Arizona Public Service Co., Sr. Unscd. Notes
2.20
12/15/2031
255,000
220,056
Arizona Public Service Co., Sr. Unscd. Notes
2.60
8/15/2029
750,000
703,285
Arizona Public Service Co., Sr. Unscd. Notes
3.50
12/1/2049
115,000
76,598
Arizona Public Service Co., Sr. Unscd. Notes
5.90
8/15/2055
200,000
190,727
Atmos Energy Corp., Sr. Unscd. Notes
2.85
2/15/2052
85,000
50,093
Atmos Energy Corp., Sr. Unscd. Notes
3.38
9/15/2049
102,000
68,279
Atmos Energy Corp., Sr. Unscd. Notes
4.13
3/15/2049
115,000
87,837
Atmos Energy Corp., Sr. Unscd. Notes
4.15
1/15/2043
100,000
81,806
Atmos Energy Corp., Sr. Unscd. Notes
5.45
10/15/2032
55,000
55,991
Atmos Energy Corp., Sr. Unscd. Notes
5.90
11/15/2033
115,000
119,865
Atmos Energy Corp., Sr. Unscd. Notes
6.20
11/15/2053
35,000
35,603
Avista Corp., First Mortgage Bonds
4.35
6/1/2048
50,000
39,470
Baltimore Gas & Electric Co., Sr. Unscd. Notes
5.30
6/1/2034
280,000
278,647
Baltimore Gas & Electric Co., Sr. Unscd. Notes
6.05
6/1/2056
500,000
487,735
Berkshire Hathaway Energy Co., Sr. Unscd. Bonds
5.95
5/15/2037
245,000
253,320
Berkshire Hathaway Energy Co., Sr. Unscd. Notes
3.25
4/15/2028
254,000
248,526
Berkshire Hathaway Energy Co., Sr. Unscd. Notes
3.80
7/15/2048
180,000
128,850
Berkshire Hathaway Energy Co., Sr. Unscd. Notes
4.45
1/15/2049
150,000
117,690
Black Hills Corp., Sr. Unscd. Notes
3.05
10/15/2029
234,000
220,829
Black Hills Corp., Sr. Unscd. Notes
6.15
5/15/2034
126,000
130,136
CenterPoint Energy Houston Electric LLC, General Ref. Mortgage Bonds
3.95
3/1/2048
164,000
123,278
CenterPoint Energy Houston Electric LLC, General Ref. Mortgage Bonds
5.30
4/1/2053
75,000
67,802
CenterPoint Energy Houston Electric LLC, General Ref. Mortgage Bonds, Ser.
AD
2.90
7/1/2050
74,000
45,148
CenterPoint Energy Houston Electric LLC, General Ref. Mortgage Bonds, Ser.
AJ
4.85
10/1/2052
50,000
42,351
CenterPoint Energy Houston Electric LLC, General Ref. Mortgage Bonds, Ser.
AQ
4.95
8/15/2035
25,000
24,203
CenterPoint Energy Resources Corp., Sr. Unscd. Notes
1.75
10/1/2030
97,000
85,760
CenterPoint Energy Resources Corp., Sr. Unscd. Notes
5.25
3/1/2028
245,000
247,471
CenterPoint Energy, Inc., Jr. Sub. Notes
6.70
5/15/2055
20,000
20,339
CenterPoint Energy, Inc., Jr. Sub. Notes, Ser. A
7.00
2/15/2055
50,000
51,577
Commonwealth Edison Co., First Mortgage Bonds
3.70
8/15/2028
65,000
63,899
Commonwealth Edison Co., First Mortgage Bonds
3.70
3/1/2045
150,000
110,782
Commonwealth Edison Co., First Mortgage Bonds
4.00
3/1/2048
320,000
239,611
Commonwealth Edison Co., First Mortgage Bonds, Ser. 123
3.75
8/15/2047
70,000
50,526
Consolidated Edison Co. of New York, Inc., Sr. Unscd. Debs.
3.70
11/15/2059
90,000
58,557
Consolidated Edison Co. of New York, Inc., Sr. Unscd. Debs.
4.50
12/1/2045
209,000
170,547
Consolidated Edison Co. of New York, Inc., Sr. Unscd. Debs.
4.50
5/15/2058
75,000
57,278
Consolidated Edison Co. of New York, Inc., Sr. Unscd. Debs.
4.63
12/1/2054
40,000
31,546
Consolidated Edison Co. of New York, Inc., Sr. Unscd. Debs., Ser. 5-A
5.30
3/1/2035
105,000
104,530
Consolidated Edison Co. of New York, Inc., Sr. Unscd. Debs., Ser. 7-A
6.30
8/15/2037
65,000
68,566
Consolidated Edison Co. of New York, Inc., Sr. Unscd. Debs., Ser. C
4.00
11/15/2057
50,000
35,086
Consolidated Edison Co. of New York, Inc., Sr. Unscd. Debs., Ser. C
4.30
12/1/2056
25,000
18,585
59

SCHEDULE OF INVESTMENTS (Unaudited) (continued)

Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Utilities — 2.5% (continued)
Consolidated Edison Co. of New York, Inc., Sr. Unscd. Notes
2.40
6/15/2031
325,000
290,181
Consolidated Edison Co. of New York, Inc., Sr. Unscd. Notes
3.60
6/15/2061
200,000
128,206
Consolidated Edison Co. of New York, Inc., Sr. Unscd. Notes
5.13
3/15/2035
250,000
245,008
Consolidated Edison Co. of New York, Inc., Sr. Unscd. Notes
5.50
3/15/2055
200,000
180,735
Consolidated Edison Co. of New York, Inc., Sr. Unscd. Notes
5.88
6/15/2056
300,000
285,494
Constellation Energy Generation LLC, Sr. Unscd. Notes
5.60
6/15/2042
65,000
61,592
Constellation Energy Generation LLC, Sr. Unscd. Notes
5.75
10/1/2041
55,000
54,020
Constellation Energy Generation LLC, Sr. Unscd. Notes
6.13
1/15/2034
45,000
46,938
Constellation Energy Generation LLC, Sr. Unscd. Notes
6.25
10/1/2039
283,000
289,574
Constellation Energy Generation LLC, Sr. Unscd. Notes
6.50
10/1/2053
110,000
112,830
Consumers Energy Co., First Mortgage Bonds
3.50
8/1/2051
100,000
67,930
Consumers Energy Co., First Mortgage Bonds
3.75
2/15/2050
80,000
57,184
Consumers Energy Co., First Mortgage Bonds
4.20
9/1/2052
195,000
147,649
Delmarva Power & Light Co., First Mortgage Bonds
4.15
5/15/2045
50,000
39,356
Dominion Energy South Carolina, Inc., First Mortgage Bonds
4.60
6/15/2043
100,000
85,226
Dominion Energy South Carolina, Inc., First Mortgage Bonds
5.10
6/1/2065
70,000
59,032
Dominion Energy South Carolina, Inc., First Mortgage Bonds
5.45
2/1/2041
25,000
24,153
Dominion Energy South Carolina, Inc., First Mortgage Bonds
6.25
10/15/2053
60,000
61,058
Dominion Energy South Carolina, Inc., First Mortgage Bonds, Ser. A
2.30
12/1/2031
500,000
438,297
Dominion Energy, Inc., Jr. Sub. Notes
6.20
2/15/2056
100,000
98,584
Dominion Energy, Inc., Jr. Sub. Notes, Ser. A
6.88
2/1/2055
240,000
245,204
Dominion Energy, Inc., Jr. Sub. Notes, Ser. B
7.00
6/1/2054
353,000
367,681
Dominion Energy, Inc., Sr. Unscd. Notes
5.38
11/15/2032
25,000
25,175
Dominion Energy, Inc., Sr. Unscd. Notes
7.00
6/15/2038
112,000
123,016
Dominion Energy, Inc., Sr. Unscd. Notes, Ser. C
3.38
4/1/2030
70,000
66,345
Dominion Energy, Inc., Sr. Unscd. Notes, Ser. C
4.90
8/1/2041
25,000
22,255
Dominion Energy, Inc., Sr. Unscd. Notes, Ser. E
6.30
3/15/2033
25,000
26,193
DTE Electric Co., General Ref. Mortgage Bonds
3.70
6/1/2046
50,000
36,560
DTE Electric Co., General Ref. Mortgage Bonds
4.30
7/1/2044
200,000
162,726
DTE Electric Co., General Ref. Mortgage Bonds
5.25
5/15/2035
200,000
198,280
DTE Electric Co., General Ref. Mortgage Bonds
5.85
5/15/2055
200,000
192,721
DTE Energy Co., Sr. Unscd. Notes
4.88
6/1/2028
460,000
461,287
DTE Energy Co., Sr. Unscd. Notes
5.05
10/1/2035
200,000
192,297
Duke Energy Carolinas LLC, First Mortgage Bonds
2.85
3/15/2032
115,000
102,945
Duke Energy Carolinas LLC, First Mortgage Bonds
4.25
12/15/2041
50,000
41,973
Duke Energy Carolinas LLC, First Mortgage Bonds
4.95
1/15/2033
100,000
99,123
Duke Energy Carolinas LLC, First Mortgage Bonds(a)
5.40
1/15/2054
29,000
26,275
Duke Energy Carolinas LLC, First Mortgage Bonds
5.75
6/15/2056
300,000
284,131
Duke Energy Carolinas LLC, First Ref. Mortgage Bonds
3.88
3/15/2046
75,000
55,983
Duke Energy Corp., Sr. Unscd. Notes
2.45
6/1/2030
95,000
86,775
Duke Energy Corp., Sr. Unscd. Notes
3.50
6/15/2051
62,000
40,071
Duke Energy Corp., Sr. Unscd. Notes
3.75
9/1/2046
90,000
64,245
Duke Energy Corp., Sr. Unscd. Notes
4.80
12/15/2045
250,000
210,303
Duke Energy Corp., Sr. Unscd. Notes
4.85
1/5/2029
75,000
75,200
Duke Energy Corp., Sr. Unscd. Notes
4.95
9/15/2035
400,000
383,316
Duke Energy Corp., Sr. Unscd. Notes
5.00
12/8/2027
195,000
195,982
Duke Energy Corp., Sr. Unscd. Notes
5.00
8/15/2052
295,000
243,758
Duke Energy Corp., Sr. Unscd. Notes
6.10
9/15/2053
85,000
82,122
Duke Energy Florida LLC, First Mortgage Bonds
1.75
6/15/2030
100,000
89,326
Duke Energy Florida LLC, First Mortgage Bonds
2.40
12/15/2031
106,000
93,419
60


Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Utilities — 2.5% (continued)
Duke Energy Florida LLC, First Mortgage Bonds
3.80
7/15/2028
20,000
19,741
Duke Energy Florida LLC, First Mortgage Bonds
5.88
11/15/2033
1,100,000
1,141,419
Duke Energy Florida LLC, First Mortgage Bonds
6.20
11/15/2053
150,000
151,279
Duke Energy Indiana LLC, First Mortgage Bonds
5.90
5/15/2055
150,000
144,481
Duke Energy Indiana LLC, Sr. Unscd. Debs.
6.12
10/15/2035
50,000
51,955
Duke Energy Ohio, Inc., First Mortgage Bonds
3.70
6/15/2046
50,000
36,268
Duke Energy Progress LLC, First Mortgage Bonds
3.60
9/15/2047
50,000
35,175
Duke Energy Progress LLC, First Mortgage Bonds
3.70
9/1/2028
85,000
83,538
Duke Energy Progress LLC, First Mortgage Bonds
4.38
3/30/2044
100,000
82,020
Duke Energy Progress LLC, First Mortgage Bonds
5.05
3/15/2035
100,000
97,764
Duke Energy Progress LLC, First Mortgage Bonds
5.10
3/15/2034
200,000
199,532
Duke Energy Progress LLC, First Mortgage Bonds
5.25
3/15/2033
200,000
200,918
Duke Energy Progress LLC, First Mortgage Bonds
5.55
3/15/2055
160,000
147,739
Duke Energy Progress NC Storm Funding LLC, Sr. Scd. Notes, Ser. A3
2.80
7/1/2041
250,000
185,629
Edison International, Sr. Unscd. Notes
4.13
3/15/2028
105,000
103,401
Emera US Finance LP, Gtd. Notes
2.64
6/15/2031
230,000
204,848
Emera US Finance LP, Gtd. Notes(a)
4.75
6/15/2046
50,000
40,889
ENEL Chile SA, Sr. Unscd. Notes
4.88
6/12/2028
100,000
99,997
Entergy Corp., Jr. Sub. Notes
7.13
12/1/2054
50,000
51,267
Entergy Corp., Sr. Unscd. Notes
2.80
6/15/2030
230,000
212,431
Entergy Louisiana LLC, Collateral Trust Bonds
3.05
6/1/2031
555,000
509,505
Entergy Louisiana LLC, Collateral Trust Bonds
4.00
3/15/2033
360,000
335,475
Entergy Louisiana LLC, Collateral Trust Bonds
4.20
9/1/2048
60,000
46,038
Entergy Louisiana LLC, First Mortgage Bonds
1.60
12/15/2030
10,000
8,714
Entergy Louisiana LLC, First Mortgage Bonds
2.35
6/15/2032
251,000
217,539
Entergy Louisiana LLC, First Mortgage Bonds
4.95
1/15/2045
100,000
88,104
Entergy Louisiana LLC, First Mortgage Notes
5.70
3/15/2054
170,000
159,261
Entergy Mississippi LLC, First Mortgage Bonds
2.85
6/1/2028
155,000
150,409
Entergy Mississippi LLC, First Mortgage Bonds
5.05
4/15/2036
1,000,000
961,547
Entergy Texas, Inc., First Mortgage Bonds
5.20
6/15/2036
100,000
97,014
Entergy Texas, Inc., First Mortgage Bonds
5.80
9/1/2053
80,000
75,891
Essential Utilities, Inc., Sr. Unscd. Notes
2.70
4/15/2030
100,000
92,245
Essential Utilities, Inc., Sr. Unscd. Notes
3.57
5/1/2029
200,000
193,273
Evergy Kansas Central, Inc., First Mortgage Bonds
4.25
12/1/2045
90,000
71,415
Evergy Kansas Central, Inc., First Mortgage Bonds
5.25
3/15/2035
250,000
246,312
Evergy Metro, Inc., General Ref. Mortgage Bonds
4.95
4/15/2033
85,000
83,495
Evergy, Inc., Sr. Unscd. Notes
2.90
9/15/2029
100,000
94,234
Eversource Energy, Sr. Unscd. Notes
5.13
5/15/2033
665,000
654,351
Eversource Energy, Sr. Unscd. Notes
5.45
3/1/2028
225,000
227,322
Eversource Energy, Sr. Unscd. Notes
5.95
2/1/2029
135,000
138,425
Eversource Energy, Sr. Unscd. Notes, Ser. O
4.25
4/1/2029
100,000
98,728
Eversource Energy, Sr. Unscd. Notes, Ser. R(a)
1.65
8/15/2030
100,000
87,785
Exelon Corp., Sr. Unscd. Notes
4.70
4/15/2050
210,000
168,019
Exelon Corp., Sr. Unscd. Notes
5.15
3/15/2028
248,000
249,763
Exelon Corp., Sr. Unscd. Notes
5.88
3/15/2055
200,000
188,007
FirstEnergy Transmission LLC, Sr. Unscd. Notes
4.75
1/15/2033
100,000
96,693
Florida Power & Light Co., First Mortgage Bonds
2.88
12/4/2051
250,000
148,381
Florida Power & Light Co., First Mortgage Bonds
3.15
10/1/2049
25,000
15,996
Florida Power & Light Co., First Mortgage Bonds
3.95
3/1/2048
130,000
97,193
Florida Power & Light Co., First Mortgage Bonds
3.99
3/1/2049
800,000
596,478
61

SCHEDULE OF INVESTMENTS (Unaudited) (continued)

Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Utilities — 2.5% (continued)
Florida Power & Light Co., First Mortgage Bonds
4.40
5/15/2028
826,000
824,920
Florida Power & Light Co., First Mortgage Bonds
4.63
5/15/2030
310,000
309,022
Florida Power & Light Co., First Mortgage Bonds
4.80
5/15/2033
425,000
416,869
Florida Power & Light Co., First Mortgage Bonds
5.05
4/1/2028
115,000
116,025
Florida Power & Light Co., First Mortgage Bonds
5.15
6/15/2029
100,000
101,373
Florida Power & Light Co., First Mortgage Bonds
5.69
3/1/2040
300,000
300,091
Florida Power & Light Co., First Mortgage Bonds
5.80
3/15/2065
42,000
39,439
Florida Power & Light Co., First Mortgage Bonds
5.96
4/1/2039
95,000
97,541
Georgia Power Co., Sr. Unscd. Notes
4.30
3/15/2043
25,000
20,592
Georgia Power Co., Sr. Unscd. Notes(a)
5.13
5/15/2052
145,000
127,818
Georgia Power Co., Sr. Unscd. Notes, Ser. A
3.25
3/15/2051
317,000
203,293
Idaho Power Co., First Mortgage Bonds
5.20
8/15/2034
65,000
64,576
Idaho Power Co., First Mortgage Notes
5.80
4/1/2054
50,000
48,160
Idaho Power Co., First Mortgage Notes, Ser. K
4.20
3/1/2048
25,000
19,481
Indiana Michigan Power Co., Sr. Unscd. Notes
4.25
8/15/2048
300,000
232,088
Indiana Michigan Power Co., Sr. Unscd. Notes
5.60
3/15/2056
580,000
534,553
Interstate Power & Light Co., Sr. Unscd. Debs.
2.30
6/1/2030
15,000
13,635
Interstate Power & Light Co., Sr. Unscd. Debs.
3.60
4/1/2029
350,000
339,652
Interstate Power & Light Co., Sr. Unscd. Notes
4.95
9/30/2034
100,000
96,488
Interstate Power & Light Co., Sr. Unscd. Notes
5.45
9/30/2054
100,000
89,725
IPALCO Enterprises, Inc., Sr. Scd. Notes
5.75
4/1/2034
150,000
146,850
Johnsonville Aeroderivative Combustion Turbine Generation LLC, Sr. Scd.
Notes
5.08
10/1/2054
9,813
8,925
MidAmerican Energy Co., First Mortgage Bonds
4.25
7/15/2049
270,000
209,190
MidAmerican Energy Co., First Mortgage Bonds
5.50
11/15/2056
100,000
91,510
MidAmerican Energy Co., First Mortgage Bonds
5.85
9/15/2054
30,000
28,893
MidAmerican Energy Co., First Mortgage Notes
5.80
10/15/2036
171,000
176,527
Mississippi Power Co., Sr. Unscd. Notes, Ser. 12-A
4.25
3/15/2042
30,000
24,520
National Fuel Gas Co., Sr. Unscd. Notes
2.95
3/1/2031
85,000
77,001
National Fuel Gas Co., Sr. Unscd. Notes
5.95
3/15/2035
255,000
259,256
National Grid USA, Sr. Unscd. Notes(a)
5.80
4/1/2035
120,000
123,140
National Rural Utilities Cooperative Finance Corp., Collateral Trust Bonds
4.02
11/1/2032
50,000
47,144
National Rural Utilities Cooperative Finance Corp., Collateral Trust Bonds
4.40
11/1/2048
50,000
39,925
National Rural Utilities Cooperative Finance Corp., Collateral Trust Notes
5.00
8/15/2034
310,000
304,707
National Rural Utilities Cooperative Finance Corp., Sr. Unscd. Notes
4.80
3/15/2028
257,000
257,756
National Rural Utilities Cooperative Finance Corp., Sr. Unscd. Notes
5.05
9/15/2028
160,000
161,185
National Rural Utilities Cooperative Finance Corp., Sr. Unscd. Notes
5.15
6/15/2029
200,000
202,120
Nevada Power Co., General Ref. Mortgage Bonds, Ser. EE
3.13
8/1/2050
42,000
26,385
Nevada Power Co., General Ref. Mortgage Notes, Ser. CC
3.70
5/1/2029
255,000
248,299
Nevada Power Co., General Ref. Mortgage Notes, Ser. N
6.65
4/1/2036
60,000
64,473
NextEra Energy Capital Holdings, Inc., Gtd. Debs.
2.25
6/1/2030
347,000
314,777
NextEra Energy Capital Holdings, Inc., Gtd. Debs.
2.75
11/1/2029
75,000
70,498
NextEra Energy Capital Holdings, Inc., Gtd. Notes
2.44
1/15/2032
240,000
209,166
NextEra Energy Capital Holdings, Inc., Gtd. Notes
3.00
1/15/2052
408,000
238,417
NextEra Energy Capital Holdings, Inc., Gtd. Notes
3.50
4/1/2029
85,000
82,312
NextEra Energy Capital Holdings, Inc., Gtd. Notes
5.00
2/28/2030
80,000
80,234
NextEra Energy Capital Holdings, Inc., Gtd. Notes
5.05
3/15/2030
617,000
620,625
NextEra Energy Capital Holdings, Inc., Gtd. Notes
5.05
2/28/2033
255,000
251,308
NextEra Energy Capital Holdings, Inc., Gtd. Notes
5.25
2/28/2053
110,000
94,426
NiSource, Inc., Jr. Sub. Notes
6.95
11/30/2054
10,000
10,280
62


Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Utilities — 2.5% (continued)
NiSource, Inc., Sr. Unscd. Notes
4.38
5/15/2047
140,000
110,349
NiSource, Inc., Sr. Unscd. Notes
4.80
2/15/2044
110,000
93,762
NiSource, Inc., Sr. Unscd. Notes
5.00
6/15/2052
176,000
148,192
NiSource, Inc., Sr. Unscd. Notes
5.65
2/1/2045
150,000
140,849
NiSource, Inc., Sr. Unscd. Notes
5.95
6/15/2041
163,000
162,201
Northern States Power Co., First Mortgage Bonds
2.90
3/1/2050
35,000
21,965
Northern States Power Co., First Mortgage Bonds
5.10
5/15/2053
367,000
317,795
Northern States Power Co., First Mortgage Bonds
5.35
11/1/2039
100,000
97,807
Northwest Natural Holding Co., Jr. Sub. Notes
7.00
9/15/2055
50,000
50,729
NSTAR Electric Co., Sr. Unscd. Debs.
4.55
6/1/2052
45,000
36,196
Oglethorpe Power Corp., First Mortgage Bonds
5.05
10/1/2048
200,000
170,805
Oglethorpe Power Corp., First Mortgage Bonds
5.38
11/1/2040
50,000
47,518
Oklahoma Gas & Electric Co., Sr. Unscd. Notes
3.80
8/15/2028
130,000
128,090
Oklahoma Gas & Electric Co., Sr. Unscd. Notes(a)
5.60
4/1/2053
60,000
55,702
Oncor Electric Delivery Co. LLC, Scd. Notes
4.65
11/1/2029
400,000
398,422
Oncor Electric Delivery Co. LLC, Sr. Scd. Notes
3.10
9/15/2049
205,000
128,155
Oncor Electric Delivery Co. LLC, Sr. Scd. Notes
3.70
11/15/2028
100,000
98,004
Oncor Electric Delivery Co. LLC, Sr. Scd. Notes
3.70
5/15/2050
50,000
34,702
Oncor Electric Delivery Co. LLC, Sr. Scd. Notes
3.80
9/30/2047
50,000
36,369
Oncor Electric Delivery Co. LLC, Sr. Scd. Notes
4.30
5/15/2028
10,000
9,946
Oncor Electric Delivery Co. LLC, Sr. Scd. Notes
4.95
9/15/2052
170,000
143,649
Oncor Electric Delivery Co. LLC, Sr. Scd. Notes
5.35
4/1/2035
175,000
174,561
Oncor Electric Delivery Co. LLC, Sr. Scd. Notes
5.65
11/15/2033
50,000
51,198
One Gas, Inc., Sr. Unscd. Notes
4.50
11/1/2048
335,000
271,823
Pacific Gas & Electric Co., First Mortgage Bonds
2.50
2/1/2031
430,000
383,713
Pacific Gas & Electric Co., First Mortgage Bonds
3.30
8/1/2040
120,000
87,752
Pacific Gas & Electric Co., First Mortgage Bonds
3.50
8/1/2050
225,000
144,028
Pacific Gas & Electric Co., First Mortgage Bonds
3.75
7/1/2028
205,400
201,649
Pacific Gas & Electric Co., First Mortgage Bonds
4.00
12/1/2046
50,000
35,825
Pacific Gas & Electric Co., First Mortgage Bonds
4.95
7/1/2050
784,000
632,299
Pacific Gas & Electric Co., First Mortgage Bonds
5.25
3/1/2052
66,000
54,835
Pacific Gas & Electric Co., First Mortgage Bonds
6.75
1/15/2053
247,000
250,027
Pacific Gas & Electric Co., First Mortgage Notes
3.95
12/1/2047
50,000
35,177
Pacific Gas & Electric Co., First Mortgage Notes
4.65
8/1/2028
100,000
99,609
Pacific Gas & Electric Co., Sr. Scd. Bonds
3.25
6/1/2031
70,000
64,109
Pacific Gas & Electric Co., Sr. Scd. Bonds
4.20
6/1/2041
123,000
97,944
PacifiCorp, First Mortgage Bonds
4.10
2/1/2042
50,000
38,893
PacifiCorp, First Mortgage Bonds
4.13
1/15/2049
100,000
72,313
PacifiCorp, First Mortgage Bonds
4.15
2/15/2050
510,000
367,729
PacifiCorp, First Mortgage Bonds
5.35
12/1/2053
100,000
85,315
PacifiCorp, First Mortgage Bonds
6.00
1/15/2039
410,000
407,873
PECO Energy Co., First Mortgage Bonds
3.90
3/1/2048
300,000
220,818
PECO Energy Co., First Mortgage Bonds
4.90
6/15/2033
209,000
207,168
PECO Energy Co., First Ref. Mortgage Bonds
5.95
10/1/2036
350,000
362,361
PG&E Energy Recovery Funding LLC, Sr. Scd. Bonds, Ser. A1
1.46
7/15/2031
25,635
23,572
PG&E Energy Recovery Funding LLC, Sr. Scd. Bonds, Ser. A2
2.28
1/15/2036
85,000
69,028
PG&E Energy Recovery Funding LLC, Sr. Scd. Bonds, Ser. A3
2.82
7/15/2046
25,000
17,772
PG&E Wildfire Recovery Funding LLC, Sr. Scd. Bonds, Ser. A1
3.59
6/1/2030
36,081
35,242
PG&E Wildfire Recovery Funding LLC, Sr. Scd. Bonds, Ser. A2
4.26
6/1/2036
140,000
132,360
PG&E Wildfire Recovery Funding LLC, Sr. Scd. Bonds, Ser. A2
4.72
6/1/2037
250,000
241,803
63

SCHEDULE OF INVESTMENTS (Unaudited) (continued)

Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Utilities — 2.5% (continued)
PG&E Wildfire Recovery Funding LLC, Sr. Scd. Bonds, Ser. A4
5.21
12/1/2047
160,000
146,002
Piedmont Natural Gas Co., Inc., Sr. Unscd. Notes
2.50
3/15/2031
25,000
22,451
Piedmont Natural Gas Co., Inc., Sr. Unscd. Notes
3.35
6/1/2050
130,000
84,578
Piedmont Natural Gas Co., Inc., Sr. Unscd. Notes
4.65
8/1/2043
65,000
54,388
PPL Electric Utilities Corp., First Mortgage Bonds
5.25
5/15/2053
270,000
240,896
PPL Electric Utilities Corp., First Mortgage Bonds
6.25
5/15/2039
622,000
656,491
Progress Energy, Inc., Sr. Unscd. Notes
7.75
3/1/2031
85,000
94,023
Public Service Co. of Colorado, First Mortgage Bonds
4.05
9/15/2049
42,000
31,050
Public Service Co. of Colorado, First Mortgage Bonds
5.25
4/1/2053
600,000
525,668
Public Service Co. of Colorado, First Mortgage Bonds, Ser. 34
3.20
3/1/2050
77,000
49,194
Public Service Co. of Colorado, First Mortgage Notes
3.60
9/15/2042
25,000
18,773
Public Service Co. of New Hampshire, First Mortgage Bonds
5.15
1/15/2053
50,000
43,999
Public Service Co. of Oklahoma, Sr. Unscd. Notes
5.25
1/15/2033
100,000
99,519
Public Service Co. of Oklahoma, Sr. Unscd. Notes
5.45
1/15/2036
400,000
394,853
Public Service Electric & Gas Co., First Mortgage Bonds
4.90
8/15/2035
100,000
97,153
Public Service Electric & Gas Co., First Mortgage Bonds
5.45
8/1/2053
119,000
109,401
Public Service Electric & Gas Co., First Mortgage Notes
1.90
8/15/2031
315,000
273,120
Public Service Electric & Gas Co., First Mortgage Notes
3.15
1/1/2050
50,000
32,053
Public Service Electric & Gas Co., First Mortgage Notes
3.80
3/1/2046
60,000
44,812
Public Service Electric & Gas Co., First Mortgage Notes
4.05
5/1/2048
100,000
76,356
Public Service Electric & Gas Co., First Mortgage Notes
4.90
12/15/2032
100,000
99,248
Public Service Electric & Gas Co., Sr. Scd. Notes
3.65
9/1/2042
25,000
19,247
Public Service Enterprise Group, Inc., Sr. Unscd. Notes
1.60
8/15/2030
60,000
52,500
Public Service Enterprise Group, Inc., Sr. Unscd. Notes
5.88
10/15/2028
15,000
15,329
Public Service Enterprise Group, Inc., Sr. Unscd. Notes
6.13
10/15/2033
338,000
351,296
Puget Energy, Inc., Sr. Scd. Notes
2.38
6/15/2028
168,000
160,853
Puget Energy, Inc., Sr. Scd. Notes
4.10
6/15/2030
75,000
72,052
Puget Energy, Inc., Sr. Scd. Notes
4.22
3/15/2032
130,000
123,386
Puget Energy, Inc., Sr. Scd. Notes
5.73
3/15/2035
400,000
394,775
Puget Sound Energy, Inc., Sr. Scd. Bonds
5.33
6/15/2034
241,000
241,540
San Diego Gas & Electric Co., First Mortgage Bonds
4.95
8/15/2028
58,000
58,352
San Diego Gas & Electric Co., First Mortgage Bonds, Ser. RRR
3.75
6/1/2047
368,000
265,828
San Diego Gas & Electric Co., First Mortgage Bonds, Ser. UUU
3.32
4/15/2050
105,000
67,566
San Diego Gas & Electric Co., First Mortgage Bonds, Ser. XXX
3.00
3/15/2032
100,000
89,824
Sempra, Jr. Sub. Notes
6.63
4/1/2055
3,000
3,009
Sempra, Sr. Unscd. Notes
3.80
2/1/2038
160,000
132,584
Sempra, Sr. Unscd. Notes
4.00
2/1/2048
100,000
72,757
Sempra, Sr. Unscd. Notes
6.00
10/15/2039
505,000
507,336
Sierra Pacific Power Co., General Ref. Mortgage Notes
5.90
3/15/2054
90,000
86,242
Sierra Pacific Power Co., Jr. Sub. Notes
6.20
12/15/2055
100,000
98,177
Southern California Edison Co., First Mortgage Bonds
2.85
8/1/2029
120,000
113,025
Southern California Edison Co., First Mortgage Bonds
3.65
2/1/2050
156,000
103,186
Southern California Edison Co., First Mortgage Bonds
5.70
3/1/2053
154,000
136,455
Southern California Edison Co., First Mortgage Bonds
5.85
11/1/2027
255,000
258,393
Southern California Edison Co., First Mortgage Bonds
5.95
11/1/2032
215,000
221,586
Southern California Edison Co., First Mortgage Bonds, Ser. B
4.88
3/1/2049
70,000
56,054
Southern California Edison Co., First Mortgage Bonds, Ser. E
5.45
6/1/2052
100,000
86,115
Southern California Edison Co., First Mortgage Bonds, Ser. G
2.50
6/1/2031
275,000
243,358
Southern California Edison Co., First Mortgage Bonds, Ser. H
3.65
6/1/2051
115,000
75,654
Southern California Edison Co., First Ref. Mortgage Bonds
4.00
4/1/2047
602,000
429,789
64


Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Utilities — 2.5% (continued)
Southern California Edison Co., First Ref. Mortgage Bonds
6.00
1/15/2034
50,000
51,074
Southern California Edison Co., First Ref. Mortgage Bonds
6.05
3/15/2039
85,000
84,608
Southern California Gas Co., First Mortgage Bonds
3.75
9/15/2042
44,000
33,595
Southern California Gas Co., First Mortgage Bonds
5.05
9/1/2034
227,000
222,718
Southern California Gas Co., First Mortgage Bonds
5.20
6/1/2033
10,000
9,988
Southern California Gas Co., First Mortgage Bonds
6.00
6/15/2055
25,000
24,241
Southern California Gas Co., First Mortgage Bonds, Ser. WW
3.95
2/15/2050
20,000
14,417
Southern California Gas Co., Sr. Scd. Bonds, Ser. UU
4.13
6/1/2048
90,000
68,104
Southern Co. Gas Capital Corp., Gtd. Notes
4.40
5/30/2047
45,000
35,771
Southern Co. Gas Capital Corp., Gtd. Notes, Ser. B
5.10
9/15/2035
50,000
48,493
Southern Power Co., Sr. Unscd. Notes
5.15
9/15/2041
100,000
91,973
Southern Power Co., Sr. Unscd. Notes
5.25
7/15/2043
45,000
40,562
Southern Power Co., Sr. Unscd. Notes, Ser. A
4.25
10/1/2030
510,000
496,835
Southwest Gas Corp., Sr. Unscd. Notes
2.20
6/15/2030
130,000
117,224
Spire Missouri, Inc., First Mortgage Bonds
4.80
2/15/2033
45,000
44,041
Spire Missouri, Inc., First Mortgage Bonds, Ser. 2034
5.15
8/15/2034
45,000
44,488
Tampa Electric Co., Sr. Unscd. Notes
2.40
3/15/2031
60,000
53,707
Tampa Electric Co., Sr. Unscd. Notes
3.45
3/15/2051
50,000
33,377
Tampa Electric Co., Sr. Unscd. Notes
3.63
6/15/2050
165,000
113,759
The AES Corp., Sr. Unscd. Notes
2.45
1/15/2031
60,000
53,076
The AES Corp., Sr. Unscd. Notes
5.45
6/1/2028
330,000
332,815
The Cleveland Electric Illuminating Company, Sr. Unscd. Notes
5.95
12/15/2036
30,000
30,440
The Connecticut Light & Power Company, First Mortgage Bonds
5.25
1/15/2053
42,000
37,558
The Connecticut Light & Power Company, First Mortgage Bonds, Ser. A
4.15
6/1/2045
65,000
51,412
The Connecticut Light & Power Company, First Ref. Mortgage Bonds
4.30
4/15/2044
200,000
162,963
The Dayton Power & Light Company, First Mortgage Bonds
4.55
8/15/2030
100,000
97,964
The Southern Company, Sr. Unscd. Notes
4.40
7/1/2046
434,900
347,974
The Southern Company, Sr. Unscd. Notes
4.85
6/15/2028
57,000
57,202
The Southern Company, Sr. Unscd. Notes
5.50
3/15/2029
168,000
170,967
The Southern Company, Sr. Unscd. Notes
5.70
3/15/2034
15,000
15,278
The Toledo Edison Company, Sr. Scd. Notes
6.15
5/15/2037
25,000
26,265
Tucson Electric Power Co., Sr. Unscd. Notes
1.50
8/1/2030
50,000
43,787
Tucson Electric Power Co., Sr. Unscd. Notes
4.00
6/15/2050
110,000
80,817
Tucson Electric Power Co., Sr. Unscd. Notes
5.50
4/15/2053
50,000
45,546
Tucson Electric Power Co., Sr. Unscd. Notes
5.90
4/15/2055
50,000
48,076
Union Electric Co., First Mortgage Bonds
2.95
3/15/2030
50,000
46,917
Union Electric Co., First Mortgage Bonds
3.25
10/1/2049
212,000
137,240
Union Electric Co., First Mortgage Bonds
4.00
4/1/2048
46,000
34,541
Union Electric Co., First Mortgage Bonds
5.13
3/15/2055
200,000
173,563
Union Electric Co., First Mortgage Bonds
5.45
3/15/2053
60,000
54,755
Union Electric Co., Sr. Scd. Notes
3.90
9/15/2042
50,000
39,497
Union Electric Co., Sr. Scd. Notes
8.45
3/15/2039
50,000
62,318
Virginia Electric & Power Co., Sr. Unscd. Notes
2.45
12/15/2050
235,000
126,296
Virginia Electric & Power Co., Sr. Unscd. Notes
5.15
3/15/2035
200,000
195,461
Virginia Electric & Power Co., Sr. Unscd. Notes
5.30
8/15/2033
10,000
10,022
Virginia Electric & Power Co., Sr. Unscd. Notes
5.70
8/15/2053
90,000
83,949
Virginia Electric & Power Co., Sr. Unscd. Notes, Ser. A
3.80
4/1/2028
100,000
98,711
Virginia Electric & Power Co., Sr. Unscd. Notes, Ser. B
3.80
9/15/2047
520,000
376,264
Vistra Operations Co. LLC, Gtd. Notes(b)
5.55
4/30/2036
200,000
194,646
WEC Energy Group, Inc., Sr. Unscd. Notes
2.20
12/15/2028
65,000
61,364
65

SCHEDULE OF INVESTMENTS (Unaudited) (continued)

Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Corporate Bonds and Notes — 25.0% (continued)
Utilities — 2.5% (continued)
WEC Energy Group, Inc., Sr. Unscd. Notes
4.75
1/15/2028
200,000
200,379
WEC Energy Group, Inc., Sr. Unscd. Notes
5.15
10/1/2027
200,000
201,175
Wisconsin Electric Power Co., Sr. Unscd. Debs.
5.63
5/15/2033
65,000
66,997
Wisconsin Electric Power Co., Sr. Unscd. Notes
4.15
10/15/2030
50,000
48,605
Wisconsin Power & Light Co., Sr. Unscd. Debs.
1.95
9/16/2031
50,000
43,131
Wisconsin Power & Light Co., Sr. Unscd. Notes
3.05
10/15/2027
105,000
103,171
Wisconsin Power & Light Co., Sr. Unscd. Notes
4.95
4/1/2033
50,000
49,193
Wisconsin Power & Light Co., Sr. Unscd. Notes
5.38
3/30/2034
115,000
114,870
Wisconsin Public Service Corp., Sr. Unscd. Notes
3.30
9/1/2049
320,000
211,131
Xcel Energy, Inc., Sr. Unscd. Notes
3.50
12/1/2049
125,000
83,842
Xcel Energy, Inc., Sr. Unscd. Notes
4.00
6/15/2028
75,000
74,129
Xcel Energy, Inc., Sr. Unscd. Notes
4.60
6/1/2032
100,000
97,010
 
54,857,039
Total Corporate Bonds and Notes
(cost $576,091,323)
 
 
  554,893,853
Foreign Governmental — 1.8%
Canada, Bonds
3.75
4/26/2028
1,865,000
1,849,058
Chile, Sr. Unscd. Notes
3.10
5/7/2041
432,000
315,881
Chile, Sr. Unscd. Notes
3.24
2/6/2028
323,000
316,031
Chile, Sr. Unscd. Notes
3.50
1/31/2034
520,000
462,179
Chile, Sr. Unscd. Notes
3.63
10/30/2042
200,000
152,508
Chile, Sr. Unscd. Notes
4.35
4/13/2031
550,000
533,455
Chile, Sr. Unscd. Notes
4.85
1/22/2029
200,000
199,913
Export Development Canada, Govt. Gtd. Bonds
4.00
6/20/2030
220,000
216,807
Export Development Canada, Govt. Gtd. Notes
4.75
6/5/2034
235,000
236,540
Export-Import Bank of Korea, Sr. Unscd. Bonds
1.25
9/21/2030
595,000
520,575
Export-Import Bank of Korea, Sr. Unscd. Notes
2.50
6/29/2041
40,000
28,254
Export-Import Bank of Korea, Sr. Unscd. Notes
4.13
10/17/2027
150,000
149,429
Export-Import Bank of Korea, Sr. Unscd. Notes
4.50
1/11/2029
250,000
250,256
Hydro-Quebec, Govt. Gtd. Debs., Ser. HH
8.50
12/1/2029
145,000
161,816
Indonesia, Sr. Unscd. Bonds
4.30
4/16/2031
200,000
193,375
Indonesia, Sr. Unscd. Bonds
4.90
4/16/2036
200,000
188,088
Indonesia, Sr. Unscd. Notes
2.85
2/14/2030
420,000
389,911
Indonesia, Sr. Unscd. Notes
3.05
3/12/2051
50,000
29,744
Indonesia, Sr. Unscd. Notes
3.35
3/12/2071
253,000
141,921
Indonesia, Sr. Unscd. Notes
3.40
9/18/2029
40,000
38,524
Indonesia, Sr. Unscd. Notes
3.50
1/11/2028
380,000
375,212
Indonesia, Sr. Unscd. Notes
3.70
10/30/2049
200,000
135,855
Indonesia, Sr. Unscd. Notes
4.70
2/10/2034
250,000
238,947
Indonesia, Sr. Unscd. Notes
4.85
1/11/2033
200,000
193,663
Indonesia, Sr. Unscd. Notes
4.95
2/21/2036
400,000
377,384
Indonesia, Sr. Unscd. Notes
5.03
5/29/2031
500,000
496,854
Indonesia, Sr. Unscd. Notes
5.10
2/10/2054
100,000
85,728
Indonesia, Sr. Unscd. Notes
5.25
1/15/2030
200,000
201,032
Indonesia, Sr. Unscd. Notes
5.60
1/15/2035
170,000
169,548
Israel, Govt. Gtd. Notes, Ser. 30Y
5.50
9/18/2033
470,000
490,618
Israel, Sr. Unscd. Bonds, Ser. 30Y
3.88
7/3/2050
683,000
472,936
Israel, Sr. Unscd. Bonds, Ser. 30Y
4.13
1/17/2048
190,000
141,239
Israel, Sr. Unscd. Notes, Ser. 10Y
5.50
3/12/2034
510,000
510,449
Israel, Sr. Unscd. Notes, Ser. 30Y
5.75
3/12/2054
313,000
287,516
66


Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Foreign Governmental — 1.8% (continued)
Japan Bank for International Cooperation, Govt. Gtd. Bonds
1.25
1/21/2031
200,000
173,233
Japan Bank for International Cooperation, Govt. Gtd. Bonds
4.63
7/19/2028
200,000
200,704
Japan Bank for International Cooperation, Govt. Gtd. Bonds
4.88
10/18/2028
165,000
166,508
Japan Bank for International Cooperation, Govt. Gtd. Notes
1.88
4/15/2031
326,000
288,669
Japan Bank for International Cooperation, Govt. Gtd. Notes
3.50
10/31/2028
600,000
588,007
Japan Bank for International Cooperation, Govt. Gtd. Notes
4.38
1/24/2031
550,000
545,036
Korea, Sr. Unscd. Notes
3.63
10/29/2030
250,000
241,802
Mexico, Sr. Unscd. Notes
3.50
2/12/2034
1,322,000
1,110,531
Mexico, Sr. Unscd. Notes
4.28
8/14/2041
1,368,000
1,039,506
Mexico, Sr. Unscd. Notes
4.50
4/22/2029
50,000
49,443
Mexico, Sr. Unscd. Notes
4.50
1/31/2050
150,000
105,632
Mexico, Sr. Unscd. Notes
4.60
1/23/2046
90,000
66,644
Mexico, Sr. Unscd. Notes
4.75
4/27/2032
270,000
256,748
Mexico, Sr. Unscd. Notes
4.75
3/8/2044
424,000
328,330
Mexico, Sr. Unscd. Notes
4.88
5/19/2033
295,000
276,380
Mexico, Sr. Unscd. Notes
5.00
4/27/2051
50,000
37,562
Mexico, Sr. Unscd. Notes
5.63
9/22/2035
100,000
95,373
Mexico, Sr. Unscd. Notes
6.13
2/9/2038
1,000,000
958,371
Mexico, Sr. Unscd. Notes
6.25
8/27/2037
600,000
585,777
Mexico, Sr. Unscd. Notes
6.34
5/4/2053
200,000
178,325
Mexico, Sr. Unscd. Notes
6.40
5/7/2054
200,000
179,173
Mexico, Sr. Unscd. Notes
6.75
9/27/2034
338,000
350,166
Mexico, Sr. Unscd. Notes
6.88
5/13/2037
200,000
204,976
Mexico, Sr. Unscd. Notes
7.38
5/13/2055
200,000
202,303
Mexico, Sr. Unscd. Notes
8.30
8/15/2031
220,000
253,710
Panama, Sr. Unscd. Bonds
6.70
1/26/2036
495,000
520,100
Panama, Sr. Unscd. Bonds
8.88
9/30/2027
397,000
414,880
Panama, Sr. Unscd. Notes
3.16
1/23/2030
425,000
396,884
Panama, Sr. Unscd. Notes
3.30
1/19/2033
34,000
29,608
Panama, Sr. Unscd. Notes
5.66
2/23/2038
1,100,000
1,066,615
Panama, Sr. Unscd. Notes
6.40
2/14/2035
130,800
135,275
Panama, Sr. Unscd. Notes
6.88
1/31/2036
50,000
53,243
Panama, Sr. Unsub. Notes
2.25
9/29/2032
65,000
53,694
Peru, Sr. Unscd. Bonds
6.55
3/14/2037
862,000
916,525
Peru, Sr. Unscd. Bonds
8.75
11/21/2033
274,000
327,124
Peru, Sr. Unscd. Notes
1.86
12/1/2032
306,000
250,532
Peru, Sr. Unscd. Notes
2.78
12/1/2060
75,000
38,527
Peru, Sr. Unscd. Notes
3.00
1/15/2034
427,000
361,729
Peru, Sr. Unscd. Notes
3.23
7/28/2121
30,000
15,494
Peru, Sr. Unscd. Notes
5.50
3/30/2036
232,700
230,079
Philippines, Sr. Unscd. Bonds
1.95
1/6/2032
900,000
767,118
Philippines, Sr. Unscd. Bonds
3.70
2/2/2042
50,000
38,264
Philippines, Sr. Unscd. Bonds
3.95
1/20/2040
331,000
272,614
Philippines, Sr. Unscd. Bonds
5.50
2/4/2035
350,000
348,900
Philippines, Sr. Unscd. Bonds
5.90
2/4/2050
200,000
192,183
Philippines, Sr. Unscd. Bonds
9.50
2/2/2030
267,000
305,596
Philippines, Sr. Unscd. Notes
2.65
12/10/2045
743,000
447,290
Philippines, Sr. Unscd. Notes
4.75
3/5/2035
30,000
28,401
Philippines, Sr. Unscd. Notes
5.00
1/27/2036
200,000
191,141
Philippines, Sr. Unscd. Notes
5.33
6/24/2036
300,000
293,730
Poland, Sr. Unscd. Notes, Ser. 10Y
5.13
9/18/2034
28,000
27,629
67

SCHEDULE OF INVESTMENTS (Unaudited) (continued)

Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Foreign Governmental — 1.8% (continued)
Poland, Sr. Unscd. Notes, Ser. 10Y
5.38
4/14/2036
600,000
591,531
Poland, Sr. Unscd. Notes, Ser. 30Y
5.50
4/4/2053
332,000
298,271
Poland, Sr. Unscd. Notes, Ser. 30Y
5.50
3/18/2054
400,000
357,801
Poland, Sr. Unscd. Notes, Ser. 5Y
5.50
11/16/2027
110,000
111,139
Province of Alberta Canada, Sr. Unscd. Bonds
1.30
7/22/2030
385,000
341,133
Province of Alberta Canada, Sr. Unscd. Notes
3.30
3/15/2028
775,000
762,453
Province of Alberta Canada, Sr. Unscd. Notes
4.50
6/26/2029
415,000
415,817
Province of British Columbia Canada, Bonds
7.25
9/1/2036
280,000
326,207
Province of British Columbia Canada, Sr. Unscd. Bonds
3.90
8/27/2030
190,000
185,887
Province of British Columbia Canada, Sr. Unscd. Bonds
4.90
4/24/2029
500,000
505,842
Province of British Columbia Canada, Sr. Unscd. Notes
1.30
1/29/2031
344,000
298,960
Province of British Columbia Canada, Sr. Unscd. Notes
4.20
7/6/2033
595,000
574,787
Province of British Columbia Canada, Sr. Unscd. Notes
4.75
6/12/2034
500,000
496,455
Province of Manitoba Canada, Sr. Unscd. Notes, Ser. HB
1.50
10/25/2028
150,000
140,877
Province of Ontario Canada, Sr. Unscd. Bonds
3.80
1/29/2029
90,000
88,728
Province of Ontario Canada, Sr. Unscd. Bonds
3.90
9/4/2030
80,000
78,315
Province of Ontario Canada, Sr. Unscd. Notes
1.60
2/25/2031
1,210,000
1,065,735
Province of Ontario Canada, Sr. Unscd. Notes
1.80
10/14/2031
656,000
571,945
Province of Ontario Canada, Sr. Unscd. Notes
2.00
10/2/2029
180,000
167,115
Province of Ontario Canada, Sr. Unscd. Notes
2.13
1/21/2032
95,000
83,595
Province of Ontario Canada, Unscd. Bonds(a)
1.13
10/7/2030
995,000
869,154
Province of Quebec Canada, Sr. Unscd. Bonds
4.25
9/5/2034
20,000
19,201
Province of Quebec Canada, Sr. Unscd. Debs., Ser. PD
7.50
9/15/2029
124,000
134,821
Province of Quebec Canada, Sr. Unscd. Notes
1.35
5/28/2030
635,000
565,741
Province of Quebec Canada, Sr. Unscd. Notes
4.63
8/28/2035
200,000
195,405
Province of Quebec Canada, Sr. Unscd. Notes, Ser. RI
4.63
6/3/2036
550,000
534,650
Province of Quebec Canada, Unscd. Notes
1.90
4/21/2031
800,000
710,307
Province of Saskatchewan Canada, Sr. Unscd. Notes
4.65
1/28/2030
135,000
135,713
Republic of Italy, Sr. Unscd. Notes, Ser. 10Y
4.00
10/17/2049
894,000
653,350
Republic of Italy, Sr. Unscd. Notes, Ser. 30Y
3.88
5/6/2051
300,000
212,201
Svensk Exportkredit AB, Sr. Unscd. Notes(c)
0.00
5/11/2037
30,000
17,002
Svensk Exportkredit AB, Sr. Unscd. Notes
4.25
2/1/2029
25,000
24,917
The Korea Development Bank, Sr. Unscd. Notes
5.38
10/23/2028
235,000
239,468
Uruguay, Sr. Unscd. Bonds
4.13
11/20/2045
50,000
41,474
Uruguay, Sr. Unscd. Bonds
4.38
1/23/2031
290,000
289,175
Uruguay, Sr. Unscd. Bonds
4.98
4/20/2055
260,000
222,615
Uruguay, Sr. Unscd. Bonds
5.10
6/18/2050
271,000
240,110
Uruguay, Sr. Unscd. Notes
4.38
10/27/2027
782,667
782,384
Total Foreign Governmental
(cost $41,583,957)
 
 
   40,107,611
Municipal Securities — .3%
Bay Area Toll Authority, Revenue Bonds, Ser. S1
7.04
4/1/2050
7,484
8,201
Bay Area Toll Authority, Revenue Bonds, Ser. S3
6.91
10/1/2050
380,000
409,671
California, GO
5.13
9/1/2029
100,000
101,775
California, GO
7.50
4/1/2034
75,000
83,928
California, GO
7.60
11/1/2040
15,000
17,501
California, GO
7.63
3/1/2040
385,000
442,503
California, GO (Build America Bonds)
7.30
10/1/2039
85,000
94,668
California State University, Revenue Bonds, Refunding, Ser. B
2.72
11/1/2052
50,000
31,347
California State University, Revenue Bonds, Refunding, Ser. B
2.98
11/1/2051
15,000
9,617
68


Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
Municipal Securities — .3% (continued)
Chicago Transit Authority Sales & Transfer Tax Receipts, Revenue Bonds, Ser.
A
6.90
12/1/2040
90,461
98,663
Dallas Fort Worth International Airport, Revenue Bonds, Ser. A
4.09
11/1/2051
100,000
78,398
Dallas Fort Worth International Airport, Revenue Bonds, Ser. A
4.51
11/1/2051
40,000
33,076
Dallas Fort Worth International Airport, Revenue Bonds, Refunding
2.84
11/1/2046
175,000
121,822
Georgia Municipal Electric Authority, Revenue Bonds, Refunding
6.64
4/1/2057
95,000
98,507
Idaho Energy Resources Authority, Revenue Bonds
2.86
9/1/2046
45,000
30,011
Illinois, GO
5.10
6/1/2033
15,948
15,924
Indiana Finance Authority, Revenue Bonds, Refunding (Ohio River Bridges
East End Crossing Project)
3.05
1/1/2051
65,000
45,347
Los Angeles Department of Airports Customer Facility Charge, Revenue
Bonds (Consolidated Rental Car Facility Project) (Insured; Assured
Guaranty Corp.) Ser. A
4.24
5/15/2048
620,000
515,880
Louisiana Local Government Environmental Facilities & Community
Development Authority, Revenue Bonds (Louisiana Utilities Restoration
Corporation Project)
4.48
8/1/2039
100,000
94,379
Massachusetts, GO
5.46
12/1/2039
320,000
317,494
Michigan State University, Revenue Bonds, Ser. A
4.17
8/15/2122
100,000
68,435
Missouri Health & Educational Facilities Authority, Revenue Bonds,
Refunding (The Washington University) Ser. A
3.23
5/15/2050
500,000
334,494
New Jersey Turnpike Authority, Revenue Bonds, Ser. A
7.10
1/1/2041
345,000
384,366
New Jersey Turnpike Authority, Revenue Bonds, Ser. F
7.41
1/1/2040
200,000
227,467
New York City Municipal Water Finance Authority, Revenue Bonds,
Refunding
5.44
6/15/2043
790,000
745,706
New York City Municipal Water Finance Authority, Revenue Bonds,
Refunding
5.72
6/15/2042
225,000
215,914
North Texas Tollway Authority, Revenue Bonds, Ser. B
6.72
1/1/2049
15,000
15,864
Port Authority of New York & New Jersey, Revenue Bonds
3.14
2/15/2051
250,000
173,811
Port Authority of New York & New Jersey, Revenue Bonds, Ser. 181
4.96
8/1/2046
100,000
91,251
Port Authority of New York & New Jersey, Revenue Bonds, Refunding
4.46
10/1/2062
150,000
120,602
Regents of the University of California Medical Center, Revenue Bonds, Ser. N
3.01
5/15/2050
465,000
288,598
Regents of the University of California Medical Center, Revenue Bonds,
Refunding, Ser. F
6.58
5/15/2049
315,000
323,084
Rutgers The State University of New Jersey, Revenue Bonds, Refunding, Ser. R
3.27
5/1/2043
60,000
47,454
Sales Tax Securitization Corp., Revenue Bonds, Refunding, Ser. B
3.59
1/1/2043
30,000
25,111
Sales Tax Securitization Corp., Revenue Bonds, Refunding, Ser. B
3.82
1/1/2048
170,000
129,454
San Diego County Regional Transportation Commission, Revenue Bonds
5.91
4/1/2048
45,000
43,745
San Francisco Public Utilities Commission, Revenue Bonds
6.95
11/1/2050
110,000
118,600
Texas Natural Gas Securitization Finance Corp., Revenue Bonds (Winter
Storm Uri)
5.17
4/1/2041
50,000
49,654
Texas Private Activity Bond Surface Transportation Corp., Revenue Bonds
(NTE Mobility Partners LLC North Tarrant Express Managed Lanes
Project) Ser. B
3.92
12/31/2049
10,000
7,680
The Ohio State University, Revenue Bonds, Ser. A
4.80
6/1/2111
10,000
7,926
University of Michigan, Revenue Bonds, Ser. A
4.45
4/1/2122
50,000
37,103
University of Michigan, Revenue Bonds, Ser. B
2.44
4/1/2040
54,000
39,247
University of Virginia, Revenue Bonds, Refunding, Ser. B
2.58
11/1/2051
100,000
57,392
Total Municipal Securities
(cost $6,985,027)
 
 
    6,201,670
U.S. Government Agencies Commercial Mortgage-Backed — .8%
Federal Home Loan Mortgage Corp. Multifamily Structured Pass Through
Certificates, Ser. K139, Cl. A2(e)
2.59
1/25/2032
100,000
89,775
69

SCHEDULE OF INVESTMENTS (Unaudited) (continued)

Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
U.S. Government Agencies Commercial Mortgage-Backed — .8% (continued)
Federal Home Loan Mortgage Corp. Multifamily Structured Pass Through
Certificates, Ser. K169, Cl. A2(e)
4.66
12/25/2034
200,000
196,189
Federal Home Loan Mortgage Corp. Multifamily Structured Pass Through
Certificates, Ser. K174, Cl. A2(e)
4.53
10/25/2035
180,000
174,221
Federal Home Loan Mortgage Corp. Multifamily Structured Pass Through
Certificates, Ser. K761, Cl. A2(e)
4.40
6/25/2032
1,350,000
1,323,490
Federal Home Loan Mortgage Corp. Multifamily Structured Pass Through
Certificates, Ser. K762, Cl. A2(e)
4.36
9/25/2032
324,000
316,362
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through
Certificates, Ser. K069, Cl. A2(e)
3.19
9/25/2027
143,817
141,837
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through
Certificates, Ser. K072, Cl. A2(e)
3.44
12/25/2027
160,000
157,863
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through
Certificates, Ser. K077, Cl. A2(e)
3.85
5/25/2028
50,000
49,415
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through
Certificates, Ser. K077, Cl. AM(e)
3.85
5/25/2028
250,000
246,667
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through
Certificates, Ser. K079, Cl. A2(e)
3.93
6/25/2028
322,000
318,058
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through
Certificates, Ser. K081, Cl. AM(e)
3.90
8/25/2028
50,000
49,257
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through
Certificates, Ser. K082, Cl. A2(e)
3.92
9/25/2028
350,000
345,094
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through
Certificates, Ser. K087, Cl. A2(e)
3.77
12/25/2028
125,254
122,934
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through
Certificates, Ser. K089, Cl. AM(e)
3.63
1/25/2029
410,000
400,120
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through
Certificates, Ser. K099, Cl. A2(e)
2.60
9/25/2029
40,000
37,708
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through
Certificates, Ser. K101, Cl. A2(e)
2.52
10/25/2029
10,000
9,385
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through
Certificates, Ser. K105, Cl. A2(e)
1.87
1/25/2030
90,000
82,219
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through
Certificates, Ser. K106, Cl. A1(e)
1.78
10/25/2029
24,717
23,554
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through
Certificates, Ser. K109, Cl. A2(e)
1.56
4/25/2030
175,000
157,198
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through
Certificates, Ser. K110, Cl. A1(e)
1.02
9/25/2029
96,345
90,742
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through
Certificates, Ser. K116, Cl. A2(e)
1.38
7/25/2030
320,000
282,944
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through
Certificates, Ser. K117, Cl. A2(e)
1.41
8/25/2030
130,000
114,754
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through
Certificates, Ser. K118, Cl. A2(e)
1.49
9/25/2030
280,000
247,466
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through
Certificates, Ser. K121, Cl. A2(e)
1.55
10/25/2030
140,000
123,472
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through
Certificates, Ser. K123, Cl. A2(e)
1.62
12/25/2030
200,000
176,507
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through
Certificates, Ser. K124, Cl. A2(e)
1.66
12/25/2030
1,200,000
1,058,655
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through
Certificates, Ser. K126, Cl. A2(e)
2.07
1/25/2031
50,000
44,886
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through
Certificates, Ser. K134, Cl. A2(e)
2.24
10/25/2031
125,000
110,874
70


Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
U.S. Government Agencies Commercial Mortgage-Backed — .8% (continued)
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through
Certificates, Ser. K135, Cl. A2(e)
2.15
10/25/2031
200,000
176,614
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through
Certificates, Ser. K136, Cl. A2(e)
2.13
11/25/2031
120,000
105,584
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through
Certificates, Ser. K137, Cl. A2(e)
2.35
11/25/2031
400,000
355,464
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through
Certificates, Ser. K142, Cl. A2(e)
2.40
3/25/2032
30,000
26,580
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through
Certificates, Ser. K1510, Cl. A2(e)
3.72
1/25/2031
145,000
139,317
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through
Certificates, Ser. K1513, Cl. A3(e)
2.80
8/25/2034
20,000
17,233
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through
Certificates, Ser. K1515, Cl. A2(e)
1.94
2/25/2035
535,000
426,939
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through
Certificates, Ser. K152, Cl. A1(e)
2.83
5/25/2030
27,855
26,818
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through
Certificates, Ser. K153, Cl. A3(e)
3.12
10/25/2031
50,000
46,382
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through
Certificates, Ser. K154, Cl. A3(e)
3.46
11/25/2032
555,000
515,855
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through
Certificates, Ser. K157, Cl. A2(e)
3.99
5/25/2033
260,000
253,316
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through
Certificates, Ser. K157, Cl. A2(e)
4.20
5/25/2033
100,000
96,228
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through
Certificates, Ser. K158, Cl. A2(e)
4.05
7/25/2033
413,000
393,388
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through
Certificates, Ser. K159, Cl. A2(e)
4.50
7/25/2033
250,000
244,501
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through
Certificates, Ser. K161, Cl. A2(e)
4.90
10/25/2033
400,000
400,109
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through
Certificates, Ser. K162, Cl. A2(e)
5.15
12/25/2033
390,000
395,831
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through
Certificates, Ser. K163, Cl. A2(e)
5.00
3/25/2034
300,000
301,693
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through
Certificates, Ser. K166, Cl. A2(e)
4.58
10/25/2034
200,000
195,262
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through
Certificates, Ser. K508, Cl. A2(e)
4.74
8/25/2028
100,000
100,103
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through
Certificates, Ser. K509, Cl. A2(e)
4.85
9/25/2028
210,000
210,616
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through
Certificates, Ser. K518, Cl. A2(e)
5.40
1/25/2029
200,000
203,083
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through
Certificates, Ser. K520, Cl. A2(e)
5.18
3/25/2029
100,000
101,130
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through
Certificates, Ser. K743, Cl. A2(e)
1.77
5/25/2028
75,000
71,538
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through
Certificates, Ser. K747, Cl. AM(e)
1.75
12/25/2028
1,000,000
937,714
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through
Certificates, Ser. K754, Cl. A2(e)
4.94
11/25/2030
150,000
151,244
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through
Certificates, Ser. K765, Cl. A2(e)
4.17
2/25/2033
400,000
385,024
Federal Home Loan Mortgage Corporation Multifamily Structured Pass-
Through Certificates, Ser. K145, Cl. A2(e)
2.58
5/25/2032
200,000
178,134
Federal National Mortgage Association, ACES, Ser. 2017-M13, Cl. A2(e)
2.93
9/25/2027
196,878
193,927
71

SCHEDULE OF INVESTMENTS (Unaudited) (continued)

Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
U.S. Government Agencies Commercial Mortgage-Backed — .8% (continued)
Federal National Mortgage Association, ACES, Ser. 2018-M1, Cl. A2(e)
2.98
12/25/2027
29,146
28,664
Federal National Mortgage Association, ACES, Ser. 2018-M12, Cl. A2(e)
3.65
8/25/2030
537,351
518,732
Federal National Mortgage Association, ACES, Ser. 2018-M13, Cl. A2(e)
3.77
9/25/2030
6,539
6,336
Federal National Mortgage Association, ACES, Ser. 2019-M1, Cl. A2(e)
3.56
9/25/2028
17,524
17,197
Federal National Mortgage Association, ACES, Ser. 2019-M12, Cl. A2(e)
2.89
6/25/2029
92,452
88,533
Federal National Mortgage Association, ACES, Ser. 2019-M22, Cl. A2(e)
2.52
8/25/2029
31,597
29,838
Federal National Mortgage Association, ACES, Ser. 2019-M25, Cl. A2(e)
2.33
11/25/2029
680,004
635,671
Federal National Mortgage Association, ACES, Ser. 2019-M5, Cl. A2(e)
3.27
2/25/2029
34,880
33,880
Federal National Mortgage Association, ACES, Ser. 2019-M7, Cl. A2(e)
3.14
4/25/2029
14,950
14,415
Federal National Mortgage Association, ACES, Ser. 2020-M1, Cl. A2(e)
2.44
10/25/2029
200,000
187,475
Federal National Mortgage Association, ACES, Ser. 2020-M42, Cl. A2(e)
1.27
7/25/2030
500,000
442,266
Federal National Mortgage Association, ACES, Ser. 2021-M1G, Cl. A2(e)
1.47
11/25/2030
60,000
52,643
Federal National Mortgage Association, ACES, Ser. 2022-M11, Cl. A2(e)
2.97
10/25/2027
136,113
134,028
Federal National Mortgage Association, ACES, Ser. 2022-M13, Cl. A2(e)
2.59
6/25/2032
240,000
213,978
Federal National Mortgage Association, ACES, Ser. 2022-M3, Cl. A2(e)
1.71
11/25/2031
100,000
85,862
Federal National Mortgage Association, ACES, Ser. 2023-M8, Cl. A2(e)
4.48
3/25/2033
500,000
490,128
Federal National Mortgage Association, ACES, Ser. 2026-M9, Cl. A2(e)
1.57
1/25/2033
450,000
374,546
FHLMC Multifamily Structured Pass-Through Certificates, Ser. K154, Cl. A2(e)
4.35
1/25/2033
400,000
389,262
Total U.S. Government Agencies Commercial Mortgage-Backed
(cost $16,925,349)
 
 
   16,884,727
 
 
 
 
 
 
 
U.S. Government Agencies Mortgage-Backed — 23.3%
Federal Home Loan Mortgage Corp.:
1.00%, 10/1/2036(e)
45,161
38,921
1.50%, 11/1/2035-11/1/2051(e)
7,209,320
5,860,494
2.00%, 8/1/2035-1/1/2054(e)
33,691,572
26,996,932
2.50%, 9/1/2027-1/1/2054(e)
23,089,665
19,204,065
3.00%, 2/1/2031-9/1/2053(e)
10,280,230
8,995,877
3.50%, 2/1/2033-8/1/2053(e)
8,212,288
7,374,152
4.00%, 7/1/2029-3/1/2055(e)
4,060,050
3,743,479
4.50%, 5/1/2038-4/1/2056(e)
7,369,776
6,984,547
5.00%, 10/1/2038-4/1/2056(e)
14,715,667
14,282,107
5.50%, 8/1/2038-2/1/2056(e)
17,117,397
17,035,063
6.00%, 11/1/2052-9/1/2055(e)
12,284,295
12,470,008
6.50%, 10/1/2053-7/1/2055(e)
2,736,873
2,825,330
7.00%, 12/1/2053(e)
338,829
355,174
Federal National Mortgage Association:
1.50%, 10/1/2035-4/1/2052(e)
13,339,736
10,763,976
1.50%, 8/15/2041-8/15/2056(e),(f)
2,425,000
1,937,560
2.00%, 8/1/2030-10/1/2052(e)
71,930,565
58,073,460
2.00%, 8/15/2040-8/15/2056(e),(f)
1,725,000
1,480,228
2.50%, 6/1/2028-1/1/2054(e)
47,436,518
39,482,929
2.50%, 9/15/2040-8/15/2056(e),(f)
625,000
552,463
3.00%, 11/1/2026-3/1/2053(e)
26,387,573
22,983,890
3.00%, 8/15/2040-8/15/2056(e),(f)
3,050,000
2,597,735
3.50%, 8/1/2030-2/1/2055(e)
15,258,501
13,790,259
3.50%, 8/15/2041-8/15/2056(e),(f)
3,225,000
2,857,301
4.00%, 4/1/2034-11/1/2055(e)
15,119,078
14,014,068
4.00%, 8/15/2040-8/15/2056(e),(f)
3,800,000
3,494,886
4.50%, 11/1/2037-12/1/2055(e)
9,506,453
9,053,187
4.50%, 9/15/2040-9/15/2056(e),(f)
4,250,000
4,034,308
72


Description
 
 
 
Principal
Amount ($)
Value ($)
U.S. Government Agencies Mortgage-Backed — 23.3% (continued)
5.00%, 9/1/2039-2/1/2056(e)
18,024,686
17,553,211
5.00%, 9/15/2040-8/15/2056(e),(f)
6,625,000
6,427,092
5.50%, 10/1/2035-2/1/2056(e)
17,111,833
17,037,749
5.50%, 9/15/2040-8/15/2056(e),(f)
8,900,000
8,819,397
6.00%, 6/1/2038-4/1/2056(e)
13,145,732
13,354,936
6.00%, 8/15/2040-8/15/2056(e),(f)
6,125,000
6,191,760
6.50%, 7/1/2053-10/1/2055(e)
6,521,259
6,733,811
6.50%, 9/15/2055-8/15/2056(e),(f)
2,675,000
2,756,110
7.00%, 1/1/2054-6/1/2055(e)
588,952
616,653
7.00%, 8/15/2056(e),(f)
1,375,000
1,440,945
Government National Mortgage Association II:
1.50%, 2/20/2051
62,417
48,089
2.00%, 8/20/2050-4/20/2052
18,733,382
15,013,038
2.00%, 8/15/2056(f)
1,375,000
1,100,324
2.50%, 2/20/2043-3/20/2052
18,808,500
15,729,956
2.50%, 8/15/2056(f)
1,975,000
1,648,132
3.00%, 6/20/2042-11/20/2052
13,291,720
11,618,931
3.00%, 8/15/2056(f)
1,775,000
1,539,789
3.50%, 10/20/2026-12/20/2054
10,419,172
9,341,417
3.50%, 9/15/2055-8/15/2056(f)
2,350,000
2,054,949
4.00%, 10/20/2040-5/20/2054
7,265,429
6,720,460
4.00%, 9/15/2055-8/15/2056(f)
1,400,000
1,266,592
4.50%, 2/20/2040-3/20/2056
9,870,866
9,335,068
4.50%, 9/15/2055-8/15/2056(f)
2,150,000
2,015,273
5.00%, 9/20/2039-6/20/2056
15,486,030
15,053,213
5.00%, 9/15/2055-8/15/2056(f)
4,575,000
4,426,146
5.50%, 9/20/2052-6/20/2056
12,818,433
12,777,687
5.50%, 9/15/2055-8/15/2056(f)
4,200,000
4,170,579
6.00%, 11/20/2053-1/20/2056
5,277,051
5,377,706
6.00%, 9/15/2055-8/15/2056(f)
3,025,000
3,072,691
6.50%, 12/20/2052-7/20/2054
593,074
614,392
6.50%, 9/15/2055-8/15/2056(f)
2,350,000
2,427,375
7.00%, 8/15/2055(f)
550,000
567,990
Total U.S. Government Agencies Mortgage-Backed
(cost $533,117,308)
 
 
  518,133,860
 
 
Coupon
Rate (%)
Maturity
Date
 
 
 
U.S. Government Agencies Obligations — .6%
Federal Farm Credit Banks Funding Corp., Bonds
1.10
8/10/2029
136,000
122,794
Federal Farm Credit Banks Funding Corp., Bonds
1.12
9/1/2028
50,000
46,634
Federal Farm Credit Banks Funding Corp., Bonds
1.15
8/12/2030
150,000
130,988
Federal Farm Credit Banks Funding Corp., Bonds
1.23
7/29/2030
26,000
22,818
Federal Farm Credit Banks Funding Corp., Bonds
1.24
9/3/2030
550,000
480,922
Federal Farm Credit Banks Funding Corp., Bonds
1.38
1/14/2031
150,000
130,241
Federal Farm Credit Banks Funding Corp., Bonds
1.79
6/22/2035
200,000
154,486
Federal Farm Credit Banks Funding Corp., Bonds
2.02
4/1/2031
500,000
444,765
Federal Farm Credit Banks Funding Corp., Bonds
4.26
12/12/2030
60,000
58,792
Federal Farm Credit Banks Funding Corp., Bonds
5.47
10/16/2045
100,000
95,526
Federal Home Loan Banks, Bonds
3.25
6/9/2028
150,000
147,163
Federal Home Loan Banks, Bonds
3.25
11/16/2028
1,235,000
1,207,536
Federal Home Loan Banks, Bonds
4.25
12/10/2027
35,000
35,011
73

SCHEDULE OF INVESTMENTS (Unaudited) (continued)

Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
U.S. Government Agencies Obligations — .6% (continued)
Federal Home Loan Banks, Bonds
5.50
7/15/2036
300,000
316,299
Federal Home Loan Mortgage Corp., Notes(c),(e)
0.00
12/14/2029
340,000
292,950
Federal Home Loan Mortgage Corp., Notes(c),(e)
0.00
11/15/2038
50,000
26,702
Federal Home Loan Mortgage Corp., Notes(e)
4.00
3/9/2029
70,000
69,114
Federal Home Loan Mortgage Corp., Notes(e)
4.30
5/11/2028
200,000
199,064
Federal Home Loan Mortgage Corp., Notes(a),(e)
6.25
7/15/2032
908,000
990,101
Federal Home Loan Mortgage Corp., Notes(e)
6.75
3/15/2031
300,000
328,652
Federal National Mortgage Association, Notes(e)
0.88
8/5/2030
495,000
431,131
Federal National Mortgage Association, Notes(e)
5.63
7/15/2037
490,000
521,585
Federal National Mortgage Association, Notes(e)
6.25
5/15/2029
732,000
767,961
Federal National Mortgage Association, Notes(e)
6.63
11/15/2030
450,000
488,161
Federal National Mortgage Association, Notes(e)
7.13
1/15/2030
400,000
434,784
Federal National Mortgage Association, Notes(e)
7.25
5/15/2030
50,000
54,885
Federal National Mortgage Association, Unscd. Notes(e)
0.75
10/8/2027
2,500,000
2,400,895
Tennessee Valley Authority, Sr. Unscd. Bonds
4.65
6/15/2035
50,000
49,438
Tennessee Valley Authority, Sr. Unscd. Bonds
5.25
9/15/2039
10,000
10,131
Tennessee Valley Authority, Sr. Unscd. Bonds
5.38
4/1/2056
200,000
191,688
Tennessee Valley Authority, Sr. Unscd. Bonds
5.88
4/1/2036
150,000
161,837
Tennessee Valley Authority, Sr. Unscd. Bonds
7.13
5/1/2030
250,000
272,680
Tennessee Valley Authority, Sr. Unscd. Bonds, Ser. B
4.70
7/15/2033
307,000
307,442
Tennessee Valley Authority, Sr. Unscd. Notes
3.88
3/15/2028
390,000
387,258
Tennessee Valley Authority, Sr. Unscd. Notes
4.25
9/15/2065
170,000
131,117
Tennessee Valley Authority, Sr. Unscd. Notes
4.38
8/1/2034
100,000
97,901
Tennessee Valley Authority, Sr. Unscd. Notes
4.88
5/15/2035
200,000
200,520
Tennessee Valley Authority, Sr. Unscd. Notes
5.25
2/1/2055
300,000
281,871
Total U.S. Government Agencies Obligations
(cost $12,755,519)
 
 
   12,491,843
U.S. Treasury Securities — 46.2%
U.S. Treasury Bonds
1.13
5/15/2040
2,845,000
1,735,895
U.S. Treasury Bonds
1.13
8/15/2040
2,460,000
1,485,225
U.S. Treasury Bonds
1.25
5/15/2050
3,181,200
1,431,043
U.S. Treasury Bonds
1.38
11/15/2040
3,428,700
2,134,901
U.S. Treasury Bonds
1.38
8/15/2050
4,995,000
2,315,651
U.S. Treasury Bonds
1.63
11/15/2050
5,250,000
2,597,930
U.S. Treasury Bonds
1.75
8/15/2041
3,644,000
2,349,811
U.S. Treasury Bonds
1.88
2/15/2041
3,885,000
2,598,094
U.S. Treasury Bonds
1.88
2/15/2051
5,533,000
2,913,470
U.S. Treasury Bonds
1.88
11/15/2051
5,645,000
2,936,282
U.S. Treasury Bonds
2.00
11/15/2041
5,092,000
3,389,363
U.S. Treasury Bonds
2.00
2/15/2050
2,633,000
1,455,967
U.S. Treasury Bonds
2.00
8/15/2051
5,750,000
3,100,508
U.S. Treasury Bonds
2.25
5/15/2041
2,719,600
1,910,094
U.S. Treasury Bonds
2.25
8/15/2046
2,993,000
1,862,675
U.S. Treasury Bonds
2.25
8/15/2049
4,755,000
2,809,165
U.S. Treasury Bonds
2.25
2/15/2052
4,954,900
2,827,390
U.S. Treasury Bonds
2.38
2/15/2042
6,430,000
4,507,028
U.S. Treasury Bonds
2.38
11/15/2049
7,415,000
4,489,551
U.S. Treasury Bonds(a)
2.38
5/15/2051
4,115,000
2,441,995
U.S. Treasury Bonds
2.50
2/15/2045
220,000
147,434
U.S. Treasury Bonds
2.50
2/15/2046
1,235,000
813,363
U.S. Treasury Bonds
2.50
5/15/2046
2,105,000
1,381,077
74


Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
U.S. Treasury Securities — 46.2% (continued)
U.S. Treasury Bonds
2.75
8/15/2042
592,000
434,473
U.S. Treasury Bonds
2.75
11/15/2042
508,000
370,840
U.S. Treasury Bonds
2.75
8/15/2047
1,965,000
1,325,761
U.S. Treasury Bonds
2.75
11/15/2047
2,500,000
1,681,250
U.S. Treasury Bonds
2.88
5/15/2043
2,611,800
1,924,162
U.S. Treasury Bonds
2.88
8/15/2045
2,215,000
1,571,612
U.S. Treasury Bonds
2.88
11/15/2046
185,000
129,095
U.S. Treasury Bonds
2.88
5/15/2049
2,930,000
1,981,870
U.S. Treasury Bonds
2.88
5/15/2052
2,080,300
1,367,147
U.S. Treasury Bonds
3.00
5/15/2042
1,900,000
1,454,688
U.S. Treasury Bonds
3.00
11/15/2044
90,000
65,911
U.S. Treasury Bonds
3.00
5/15/2045
2,918,000
2,123,757
U.S. Treasury Bonds(a)
3.00
11/15/2045
510,000
368,475
U.S. Treasury Bonds
3.00
2/15/2047
395,000
280,882
U.S. Treasury Bonds
3.00
5/15/2047
667,000
472,840
U.S. Treasury Bonds
3.00
2/15/2048
2,551,000
1,791,679
U.S. Treasury Bonds
3.00
8/15/2048
3,625,000
2,531,270
U.S. Treasury Bonds
3.00
2/15/2049
1,645,000
1,142,761
U.S. Treasury Bonds
3.00
8/15/2052
833,700
561,575
U.S. Treasury Bonds
3.13
11/15/2041
800,000
629,750
U.S. Treasury Bonds
3.13
2/15/2042
1,780,000
1,393,963
U.S. Treasury Bonds
3.13
2/15/2043
135,000
103,718
U.S. Treasury Bonds
3.13
8/15/2044
570,000
427,411
U.S. Treasury Bonds
3.13
5/15/2048
1,450,000
1,039,016
U.S. Treasury Bonds
3.25
5/15/2042
5,410,000
4,285,734
U.S. Treasury Bonds
3.38
8/15/2042
5,275,000
4,232,363
U.S. Treasury Bonds
3.38
5/15/2044
1,810,000
1,415,477
U.S. Treasury Bonds
3.38
11/15/2048
752,000
560,945
U.S. Treasury Bonds
3.63
8/15/2043
1,724,000
1,410,717
U.S. Treasury Bonds
3.63
2/15/2044
1,535,000
1,248,387
U.S. Treasury Bonds
3.63
2/15/2053
5,600,000
4,260,375
U.S. Treasury Bonds
3.63
5/15/2053
4,615,000
3,506,679
U.S. Treasury Bonds
3.75
8/15/2041
245,000
210,241
U.S. Treasury Bonds
3.75
11/15/2043
514,600
427,198
U.S. Treasury Bonds
3.88
2/15/2043
4,680,000
3,986,775
U.S. Treasury Bonds
3.88
5/15/2043
3,608,000
3,065,109
U.S. Treasury Bonds
4.00
11/15/2042
5,865,000
5,093,386
U.S. Treasury Bonds
4.00
11/15/2052
4,150,000
3,380,953
U.S. Treasury Bonds
4.13
8/15/2044
2,509,000
2,178,518
U.S. Treasury Bonds
4.13
8/15/2053
4,940,000
4,108,691
U.S. Treasury Bonds
4.25
5/15/2039
600,000
563,250
U.S. Treasury Bonds
4.25
2/15/2054
4,140,000
3,515,119
U.S. Treasury Bonds
4.25
8/15/2054
4,705,000
3,997,045
U.S. Treasury Bonds(a)
4.38
2/15/2038
90,000
86,991
U.S. Treasury Bonds
4.38
11/15/2039
55,000
51,880
U.S. Treasury Bonds
4.38
5/15/2040
10,000
9,380
U.S. Treasury Bonds
4.38
5/15/2041
385,000
356,787
U.S. Treasury Bonds
4.38
8/15/2043
2,928,000
2,647,553
U.S. Treasury Bonds
4.50
5/15/2038
190,000
185,191
U.S. Treasury Bonds(a)
4.50
8/15/2039
195,000
186,834
U.S. Treasury Bonds
4.50
2/15/2044
2,630,000
2,407,272
75

SCHEDULE OF INVESTMENTS (Unaudited) (continued)

Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
U.S. Treasury Securities — 46.2% (continued)
U.S. Treasury Bonds
4.50
11/15/2054
5,470,000
4,846,933
U.S. Treasury Bonds
4.63
2/15/2040
210,000
202,781
U.S. Treasury Bonds
4.63
5/15/2044
1,000,000
928,438
U.S. Treasury Bonds
4.63
11/15/2044
2,355,000
2,180,583
U.S. Treasury Bonds
4.63
11/15/2045
3,560,000
3,282,988
U.S. Treasury Bonds
4.63
2/15/2046
5,660,000
5,215,159
U.S. Treasury Bonds
4.63
5/15/2054
4,818,900
4,358,846
U.S. Treasury Bonds(a)
4.63
2/15/2055
6,660,000
6,024,178
U.S. Treasury Bonds
4.63
11/15/2055
5,650,000
5,113,250
U.S. Treasury Bonds(a)
4.75
2/15/2037
2,182,000
2,191,205
U.S. Treasury Bonds
4.75
11/15/2043
1,750,000
1,655,391
U.S. Treasury Bonds
4.75
2/15/2045
2,100,000
1,974,000
U.S. Treasury Bonds
4.75
11/15/2053
4,100,000
3,779,047
U.S. Treasury Bonds
4.75
5/15/2055
5,660,000
5,226,656
U.S. Treasury Bonds
4.75
8/15/2055
5,585,000
5,158,271
U.S. Treasury Bonds
4.75
2/15/2056
6,290,000
5,814,319
U.S. Treasury Bonds
4.88
8/15/2045
2,965,000
2,826,479
U.S. Treasury Bonds
5.00
5/15/2045
2,170,000
2,102,527
U.S. Treasury Bonds
5.00
5/15/2046
4,700,000
4,547,250
U.S. Treasury Bonds
5.00
5/15/2056
4,000,000
3,848,125
U.S. Treasury Bonds
5.25
2/15/2029
135,000
138,090
U.S. Treasury Bonds
6.25
5/15/2030
2,500,000
2,658,203
U.S. Treasury Bonds(a)
6.38
8/15/2027
2,765,000
2,820,408
U.S. Treasury Notes
0.38
9/30/2027
1,640,000
1,569,852
U.S. Treasury Notes
0.50
8/31/2027
1,555,000
1,495,290
U.S. Treasury Notes
0.50
10/31/2027
4,655,000
4,448,434
U.S. Treasury Notes
0.63
11/30/2027
5,630,000
5,371,372
U.S. Treasury Notes
0.63
12/31/2027
9,045,800
8,602,697
U.S. Treasury Notes
0.63
5/15/2030
7,385,000
6,426,681
U.S. Treasury Notes
0.63
8/15/2030
6,025,000
5,193,268
U.S. Treasury Notes
0.75
1/31/2028
4,381,800
4,162,197
U.S. Treasury Notes
0.88
11/15/2030
7,675,000
6,629,281
U.S. Treasury Notes
1.00
7/31/2028
6,809,300
6,386,645
U.S. Treasury Notes
1.13
2/29/2028
3,710,600
3,535,506
U.S. Treasury Notes
1.13
8/31/2028
4,854,600
4,552,325
U.S. Treasury Notes(a)
1.13
2/15/2031
5,120,000
4,438,000
U.S. Treasury Notes
1.25
3/31/2028
1,465,000
1,395,012
U.S. Treasury Notes
1.25
4/30/2028
3,272,700
3,108,426
U.S. Treasury Notes
1.25
5/31/2028
3,420,000
3,240,316
U.S. Treasury Notes
1.25
6/30/2028
4,610,800
4,357,746
U.S. Treasury Notes
1.25
9/30/2028
4,316,400
4,047,299
U.S. Treasury Notes
1.25
8/15/2031
8,905,900
7,634,026
U.S. Treasury Notes
1.38
10/31/2028
3,746,200
3,513,819
U.S. Treasury Notes(a)
1.38
12/31/2028
10,280,200
9,595,924
U.S. Treasury Notes
1.38
11/15/2031
9,050,000
7,746,941
U.S. Treasury Notes
1.50
11/30/2028
6,565,000
6,160,329
U.S. Treasury Notes
1.50
2/15/2030
4,612,700
4,184,223
U.S. Treasury Notes
1.63
8/15/2029
4,800,000
4,437,000
U.S. Treasury Notes
1.63
5/15/2031
7,060,000
6,214,455
U.S. Treasury Notes
1.75
1/31/2029
8,005,500
7,523,919
U.S. Treasury Notes
1.75
11/15/2029
3,250,000
2,994,570
76


Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
U.S. Treasury Securities — 46.2% (continued)
U.S. Treasury Notes
1.88
2/28/2029
2,899,800
2,728,757
U.S. Treasury Notes
1.88
2/15/2032
4,515,000
3,943,570
U.S. Treasury Notes
2.25
8/15/2027
1,255,000
1,230,635
U.S. Treasury Notes
2.25
11/15/2027
1,125,000
1,097,446
U.S. Treasury Notes
2.38
3/31/2029
7,605,000
7,235,445
U.S. Treasury Notes
2.63
2/15/2029
4,610,700
4,424,831
U.S. Treasury Notes
2.63
7/31/2029
3,335,000
3,176,327
U.S. Treasury Notes(a)
2.75
2/15/2028
3,795,000
3,710,947
U.S. Treasury Notes
2.75
5/31/2029
2,700,000
2,587,781
U.S. Treasury Notes
2.75
8/15/2032
5,765,000
5,233,539
U.S. Treasury Notes
2.88
5/15/2028
1,768,100
1,726,246
U.S. Treasury Notes
2.88
8/15/2028
4,234,000
4,119,550
U.S. Treasury Notes
2.88
4/30/2029
2,292,700
2,207,619
U.S. Treasury Notes
2.88
5/15/2032
5,955,000
5,468,365
U.S. Treasury Notes
3.13
8/31/2027
2,995,000
2,961,657
U.S. Treasury Notes
3.13
11/15/2028
4,020,000
3,917,616
U.S. Treasury Notes
3.13
8/31/2029
5,750,000
5,550,547
U.S. Treasury Notes
3.25
6/30/2029
3,885,400
3,771,266
U.S. Treasury Notes
3.38
9/15/2027
5,390,000
5,342,837
U.S. Treasury Notes
3.38
11/30/2027
5,000,000
4,945,508
U.S. Treasury Notes
3.38
12/31/2027
6,300,000
6,225,680
U.S. Treasury Notes(a)
3.38
2/29/2028
4,945,000
4,880,290
U.S. Treasury Notes
3.38
9/15/2028
5,800,000
5,693,062
U.S. Treasury Notes
3.38
5/15/2033
7,480,000
6,969,256
U.S. Treasury Notes
3.50
9/30/2027
4,520,000
4,484,687
U.S. Treasury Notes
3.50
10/31/2027
6,760,000
6,701,114
U.S. Treasury Notes
3.50
1/31/2028
5,107,900
5,053,030
U.S. Treasury Notes
3.50
4/30/2028
1,487,800
1,468,679
U.S. Treasury Notes
3.50
10/15/2028
3,845,000
3,780,716
U.S. Treasury Notes
3.50
11/15/2028
6,880,000
6,760,137
U.S. Treasury Notes
3.50
12/15/2028
3,880,000
3,809,978
U.S. Treasury Notes
3.50
1/15/2029
5,200,000
5,102,094
U.S. Treasury Notes
3.50
2/15/2029
800,000
784,375
U.S. Treasury Notes(a)
3.50
9/30/2029
2,775,000
2,706,275
U.S. Treasury Notes
3.50
1/31/2030
4,310,000
4,189,455
U.S. Treasury Notes
3.50
4/30/2030
6,615,000
6,415,516
U.S. Treasury Notes
3.50
11/30/2030
4,245,000
4,094,103
U.S. Treasury Notes
3.50
2/28/2031
95,000
91,460
U.S. Treasury Notes
3.50
2/15/2033
5,553,400
5,229,741
U.S. Treasury Notes
3.63
8/31/2027
5,185,000
5,154,417
U.S. Treasury Notes
3.63
3/31/2028
1,850,000
1,831,283
U.S. Treasury Notes
3.63
5/31/2028
3,754,800
3,712,559
U.S. Treasury Notes
3.63
8/15/2028
3,855,000
3,805,909
U.S. Treasury Notes(a)
3.63
8/31/2029
5,210,000
5,102,951
U.S. Treasury Notes
3.63
3/31/2030
4,315,000
4,205,777
U.S. Treasury Notes(a)
3.63
8/31/2030
4,555,000
4,424,400
U.S. Treasury Notes
3.63
9/30/2030
3,850,000
3,737,508
U.S. Treasury Notes
3.63
10/31/2030
6,000,000
5,820,469
U.S. Treasury Notes(a)
3.63
12/31/2030
8,425,000
8,162,377
U.S. Treasury Notes
3.63
9/30/2031
3,500,000
3,369,023
U.S. Treasury Notes
3.75
8/15/2027
4,216,600
4,198,152
77

SCHEDULE OF INVESTMENTS (Unaudited) (continued)

Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
U.S. Treasury Securities — 46.2% (continued)
U.S. Treasury Notes
3.75
4/15/2028
3,425,000
3,396,369
U.S. Treasury Notes
3.75
4/30/2028
4,620,000
4,581,199
U.S. Treasury Notes
3.75
5/15/2028
3,820,000
3,786,426
U.S. Treasury Notes
3.75
12/31/2028
6,695,000
6,609,220
U.S. Treasury Notes
3.75
5/31/2030
2,180,000
2,131,802
U.S. Treasury Notes
3.75
6/30/2030
5,330,000
5,208,826
U.S. Treasury Notes
3.75
12/31/2030
3,426,000
3,335,800
U.S. Treasury Notes
3.75
1/31/2031
6,000,000
5,838,750
U.S. Treasury Notes
3.75
8/31/2031
4,482,000
4,342,288
U.S. Treasury Notes
3.75
10/31/2032
2,920,000
2,798,638
U.S. Treasury Notes
3.75
11/30/2032
4,090,000
3,916,814
U.S. Treasury Notes
3.75
2/28/2033
790,000
755,005
U.S. Treasury Notes
3.88
10/15/2027
4,285,000
4,268,429
U.S. Treasury Notes
3.88
11/30/2027
3,055,700
3,041,854
U.S. Treasury Notes
3.88
12/31/2027
2,881,700
2,867,179
U.S. Treasury Notes
3.88
3/15/2028
3,940,000
3,917,222
U.S. Treasury Notes
3.88
3/31/2028
3,000,000
2,981,719
U.S. Treasury Notes
3.88
6/15/2028
3,720,000
3,693,553
U.S. Treasury Notes
3.88
7/15/2028
6,350,000
6,302,375
U.S. Treasury Notes
3.88
4/15/2029
4,685,000
4,631,928
U.S. Treasury Notes
3.88
5/15/2029
3,940,000
3,894,136
U.S. Treasury Notes
3.88
9/30/2029
220,900
217,845
U.S. Treasury Notes
3.88
11/30/2029
1,548,600
1,525,613
U.S. Treasury Notes
3.88
12/31/2029
2,980,000
2,934,136
U.S. Treasury Notes(a)
3.88
4/30/2030
4,630,000
4,550,060
U.S. Treasury Notes
3.88
6/30/2030
5,245,000
5,148,295
U.S. Treasury Notes
3.88
7/31/2030
3,040,000
2,983,000
U.S. Treasury Notes
3.88
3/31/2031
4,500,000
4,398,398
U.S. Treasury Notes
3.88
4/30/2031
5,800,000
5,666,328
U.S. Treasury Notes
3.88
8/31/2032
3,630,000
3,509,189
U.S. Treasury Notes
3.88
9/30/2032
3,430,000
3,313,434
U.S. Treasury Notes
3.88
12/31/2032
2,290,000
2,207,166
U.S. Treasury Notes
3.88
8/15/2033
8,890,000
8,521,204
U.S. Treasury Notes
3.88
8/15/2034
8,501,000
8,074,622
U.S. Treasury Notes
4.00
12/15/2027
3,950,000
3,938,119
U.S. Treasury Notes
4.00
2/29/2028
1,644,600
1,638,433
U.S. Treasury Notes
4.00
5/31/2028
4,685,000
4,663,222
U.S. Treasury Notes
4.00
6/30/2028
2,419,800
2,407,701
U.S. Treasury Notes
4.00
1/31/2029
4,395,000
4,361,694
U.S. Treasury Notes
4.00
7/31/2029
4,760,000
4,715,375
U.S. Treasury Notes
4.00
2/28/2030
7,816,000
7,721,964
U.S. Treasury Notes
4.00
3/31/2030
5,715,000
5,643,116
U.S. Treasury Notes
4.00
5/31/2030
6,100,000
6,018,031
U.S. Treasury Notes
4.00
7/31/2030
2,900,000
2,858,766
U.S. Treasury Notes
4.00
1/31/2031
3,730,000
3,667,056
U.S. Treasury Notes
4.00
4/30/2032
3,645,000
3,557,007
U.S. Treasury Notes
4.00
6/30/2032
2,820,000
2,748,398
U.S. Treasury Notes
4.00
7/31/2032
2,600,000
2,532,156
U.S. Treasury Notes
4.00
1/31/2033
3,200,000
3,104,250
U.S. Treasury Notes
4.00
2/15/2034
6,250,000
6,012,695
U.S. Treasury Notes
4.00
11/15/2035
10,940,000
10,372,487
78


Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
U.S. Treasury Securities — 46.2% (continued)
U.S. Treasury Notes
4.13
9/30/2027
4,072,000
4,068,183
U.S. Treasury Notes
4.13
10/31/2027
1,400,000
1,398,633
U.S. Treasury Notes
4.13
11/15/2027
3,805,000
3,800,095
U.S. Treasury Notes(a)
4.13
6/30/2028
4,500,000
4,488,398
U.S. Treasury Notes
4.13
7/31/2028
5,671,800
5,655,626
U.S. Treasury Notes
4.13
3/31/2029
2,670,000
2,656,859
U.S. Treasury Notes
4.13
6/15/2029
4,000,000
3,978,437
U.S. Treasury Notes
4.13
7/15/2029
4,140,000
4,117,036
U.S. Treasury Notes
4.13
10/31/2029
4,490,000
4,458,780
U.S. Treasury Notes
4.13
11/30/2029
4,720,000
4,686,444
U.S. Treasury Notes
4.13
8/31/2030
930,300
920,779
U.S. Treasury Notes
4.13
3/31/2031
2,815,000
2,780,032
U.S. Treasury Notes
4.13
5/31/2031
4,855,000
4,792,795
U.S. Treasury Notes(a)
4.13
6/30/2031
6,800,000
6,711,281
U.S. Treasury Notes
4.13
7/31/2031
4,495,000
4,433,194
U.S. Treasury Notes
4.13
10/31/2031
3,450,000
3,398,250
U.S. Treasury Notes
4.13
11/30/2031
3,435,000
3,381,596
U.S. Treasury Notes
4.13
2/29/2032
1,805,000
1,774,682
U.S. Treasury Notes
4.13
3/31/2032
2,790,000
2,741,393
U.S. Treasury Notes
4.13
5/31/2032
2,800,000
2,748,594
U.S. Treasury Notes
4.13
11/15/2032
8,095,000
7,921,716
U.S. Treasury Notes
4.13
4/30/2033
3,500,000
3,414,141
U.S. Treasury Notes(a)
4.13
2/15/2036
12,080,000
11,547,725
U.S. Treasury Notes
4.25
1/15/2028
4,895,000
4,895,382
U.S. Treasury Notes
4.25
2/15/2028
3,860,000
3,859,849
U.S. Treasury Notes
4.25
7/31/2028
4,925,000
4,923,269
U.S. Treasury Notes
4.25
2/28/2029
4,000,000
3,993,750
U.S. Treasury Notes
4.25
6/30/2029
3,574,700
3,566,322
U.S. Treasury Notes
4.25
1/31/2030
7,330,000
7,301,940
U.S. Treasury Notes
4.25
2/28/2031
1,915,100
1,902,083
U.S. Treasury Notes
4.25
6/30/2031
3,440,000
3,412,856
U.S. Treasury Notes
4.25
3/31/2033
3,700,000
3,638,141
U.S. Treasury Notes
4.25
5/31/2033
3,590,000
3,526,334
U.S. Treasury Notes
4.25
6/30/2033
3,700,000
3,632,648
U.S. Treasury Notes(a)
4.25
11/15/2034
12,340,000
12,008,362
U.S. Treasury Notes
4.25
5/15/2035
3,050,000
2,958,500
U.S. Treasury Notes(a)
4.25
8/15/2035
5,875,000
5,689,570
U.S. Treasury Notes
4.38
8/31/2028
3,350,000
3,355,758
U.S. Treasury Notes
4.38
11/30/2028
5,935,000
5,943,810
U.S. Treasury Notes
4.38
12/31/2029
5,270,000
5,272,059
U.S. Treasury Notes
4.38
11/30/2030
800,000
798,813
U.S. Treasury Notes
4.38
7/31/2031
4,995,000
4,984,073
U.S. Treasury Notes
4.38
1/31/2032
6,495,000
6,466,584
U.S. Treasury Notes
4.38
7/31/2033
2,700,000
2,669,414
U.S. Treasury Notes
4.38
5/15/2034
9,610,000
9,459,844
U.S. Treasury Notes(a)
4.38
5/15/2036
10,400,000
10,128,625
U.S. Treasury Notes
4.50
5/31/2029
2,382,500
2,392,923
U.S. Treasury Notes
4.50
12/31/2031
3,245,000
3,251,084
U.S. Treasury Notes
4.50
11/15/2033
8,785,000
8,741,075
U.S. Treasury Notes
4.63
9/30/2028
2,165,000
2,179,377
U.S. Treasury Notes
4.63
4/30/2029
4,610,000
4,645,295
79

SCHEDULE OF INVESTMENTS (Unaudited) (continued)

Description
Coupon
Rate (%)
Maturity
Date
 
Principal
Amount ($)
Value ($)
U.S. Treasury Securities — 46.2% (continued)
U.S. Treasury Notes
4.63
9/30/2030
2,253,500
2,272,514
U.S. Treasury Notes
4.63
5/31/2031
2,820,000
2,843,573
U.S. Treasury Notes(a)
4.63
2/15/2035
9,530,000
9,509,153
U.S. Treasury Notes
4.88
10/31/2028
2,623,900
2,655,469
U.S. Treasury Notes
4.88
10/31/2030
1,217,800
1,239,777
Total U.S. Treasury Securities
(cost $1,062,491,902)
 
 
1,026,692,497
 
 
1-Day
Yield (%)
 
 
Shares
 
Investment Companies — 3.5%
Registered Investment Companies — 3.5%
BNY Dreyfus Institutional Preferred Government Money Market Fund, Institutional
Shares(g)
(cost $77,976,002)
3.64
77,976,002
77,976,002
Investment of Cash Collateral for Securities Loaned — .2%
Registered Investment Companies — .2%
BNY Dreyfus Institutional Preferred Government Money Market Fund, Institutional
Shares(g)
(cost $4,974,091)
3.64
4,974,091
4,974,091
Total Investments (cost $2,355,764,344)
 
    102.8%
2,281,133,674
Liabilities, Less Cash and Receivables
 
     (2.8%)
  (61,478,249)
Net Assets
    100.0%
2,219,655,425
 
ACES—Alterntaive Credit Enhancement Securities
FHLMC—Federal Home Loan Mortgage Corporation
GO—Government Obligation
REIT—Real Estate Investment Trust
 
(a)
Security, or portion thereof, on loan. At July 31, 2026, the value of the fund’s securities on loan was $121,832,928 and the value of the collateral was
$135,507,248, consisting of cash collateral of $4,974,091 and U.S. Government & Agency securities valued at $130,533,157.  In addition, the value of
collateral may include pending sales that are also on loan.
(b)
Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933. These securities may be resold in transactions exempt from
registration, normally to qualified institutional buyers. At July 31, 2026, these securities amounted to $4,741,743 or .2% of net assets.
(c)
Security issued with a zero coupon. Income is recognized through the accretion of discount.
(d)
Security is a perpetual security with no specified maturity date. Maturity date shown is next reset date of the security.
(e)
The Federal Housing Finance Agency (“FHFA”) placed the Federal Home Loan Mortgage Corporation and Federal National Mortgage Association into
conservatorship with FHFA as the conservator. As such, the FHFA oversees the continuing affairs of these companies.
(f)
Purchased on a forward commitment basis.
(g)
Investment in affiliated issuer. The investment objective of this investment company is publicly available and can be found within the investment company’s
prospectus.
See notes to schedule of investments.
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Schedule of Investments
BNY Mellon Core Bond ETF
July 31, 2026 (Unaudited)
The following is a summary of the inputs used as of July 31, 2026 in valuing the fund’s investments: 
 
Level 1 -
Unadjusted
Quoted Prices
Level 2- Other
Significant
Observable Inputs
Level 3-
Significant
Unobservable
Inputs
Total
 
Assets ($)
Investments in Securities:†
Asset-Backed Securities
—
8,031,525
—
8,031,525
Commercial Mortgage-Backed
—
14,745,995
—
14,745,995
Corporate Bonds and Notes
—
554,893,853
—
554,893,853
Foreign Governmental
—
40,107,611
—
40,107,611
Municipal Securities
—
6,201,670
—
6,201,670
U.S. Government Agencies Commercial Mortgage-Backed
—
16,884,727
—
16,884,727
U.S. Government Agencies Obligations
—
12,491,843
—
12,491,843
U.S. Government Agencies Mortgage-Backed
—
518,133,860
—
518,133,860
U.S. Treasury Securities
—
1,026,692,497
—
1,026,692,497
Investment Companies
82,950,093
—
—
82,950,093
 
82,950,093
2,198,183,581
—
2,281,133,674
 
†
See Schedule of Investments for additional detailed categorizations, if any.
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The Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) is the exclusive reference of authoritative U.S. generally accepted accounting principles (“GAAP”) recognized by the FASB to be applied by nongovernmental entities. Rules and interpretive releases of the Securities and Exchange Commission (“SEC”) under authority of federal laws are also sources of authoritative GAAP for SEC registrants. The fund is an investment company and applies the accounting and reporting guidance of the FASB ASC Topic 946 Financial Services-Investment Companies. The fund’s financial statements are prepared in accordance with GAAP, which may require the use of management estimates and assumptions. Actual results could differ from those estimates.
The fair value of a financial instrument is the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (i.e., the exit price). GAAP establishes a fair value hierarchy that prioritizes the inputs of valuation techniques used to measure fair value. This hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements).
Additionally, GAAP provides guidance on determining whether the volume and activity in a market has decreased significantly and whether such a decrease in activity results in transactions that are not orderly. GAAP requires enhanced disclosures around valuation inputs and techniques used during annual and interim periods.
Various inputs are used in determining the value of the fund’s investments relating to fair value measurements. These inputs are summarized in the three broad levels listed below:
Level 1—unadjusted quoted prices in active markets for identical investments.
Level 2—other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.).
Level 3—significant unobservable inputs (including the fund’s own assumptions in determining the fair value of investments).
The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.
Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy. Valuation techniques used to value the fund’s investments are as follows:
BNY Mellon ETF Trust’s (the “Trust”) Board of Trustees (the “Board”) has designated the Adviser as the fund’s valuation designee to make all fair value determinations with respect to the fund’s portfolio of investments, subject to the Board’s oversight.
Investments in other open-end investment companies are valued at their reported net asset values (“NAVs”) each day and are generally categorized within Level 1 of the fair value hierarchy.
Investments in debt securities and instruments generally will be valued, to the extent possible, by one or more independent pricing services (the “Service”). When, in the judgment of the Service, quoted bid prices for debt securities and instruments are representative of the bid side of the market, these investments are valued at the mean between the quoted bid prices (as obtained by the Service from dealers in such securities) and asked prices (as calculated by the Service based upon its evaluation of the market for such securities). The value of other debt securities and instruments is determined by the Service based on methods which include consideration of:  yields or prices of securities of comparable quality, coupon, maturity and type; indications as to values from dealers; and general market conditions. The Services are engaged under the general supervision of the board. Overnight and certain other short-term debt securities and instruments (excluding Treasury Bills) will be valued by the amortized cost method, which approximates fair value, unless a Service provides a valuation for such security or, in the opinion of the valuation designee, the amortized cost method would not represent fair value. These securities are generally categorized within Level 2 of the fair value hierarchy.
Restricted securities, as well as securities or other assets for which recent market quotations are not readily available or are determined not to reflect fair value accurately, are valued at fair value as determined in good faith based on procedures approved by the Board. Fair value of investments may be determined by the valuation designee using such information as it deems appropriate under the circumstances. The factors that may be considered when fair valuing a security include fundamental analytical data, the nature and duration of restrictions on disposition, an evaluation of the forces that influence the market in which the securities are purchased and sold, and public trading in similar securities of the issuer or comparable issuers. Using fair value to price investments may result in a value that is different from a security’s most recent closing price and from the prices used by other funds to calculate their NAVs. These securities are either categorized within Level 2 or 3 of the fair value hierarchy depending on the relevant inputs used.
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Pursuant to a securities lending agreement with BNY, the fund may lend securities to qualified institutions. It is the fund’s policy that, at origination, all loans are secured by collateral of at least 102% of the value of U.S. securities loaned and 105% of the value of foreign securities loaned. Collateral equivalent to at least 100% of the market value of securities on loan is maintained at all times. Collateral is either in the form of cash, which can be invested in certain money market mutual funds managed by the Adviser, or U.S. Government and Agency securities. The securities on loan, if any, are also disclosed in the fund’s Schedule of Investments. The fund is entitled to receive all dividends, interest and distributions on securities loaned, in addition to income earned as a result of the lending transaction. Should a borrower fail to return the securities in a timely manner, BNY is required to replace the securities for the benefit of the fund or credit the fund with the market value of the unreturned securities and is subrogated to the fund’s rights against the borrower and the collateral. Additionally, the contractual maturity of security lending transactions are on an overnight and continuous basis.
TBA Securities: During the period ended July 31, 2026, the fund transacted in TBA securities that involved buying or selling mortgage-backed securities on a forward commitment basis. A TBA transaction typically does not designate the actual security to be delivered and only includes an approximate principal amount; however, delivered securities must meet specified terms defined by industry guidelines, including issuer, rate and current principal amount outstanding on underlying mortgage pools. TBA securities subject to a forward commitment to sell at period end are included at the end of the fund’s Schedule of Investments.
At July 31, 2026, accumulated net unrealized depreciation on investments was $74,630,670, consisting of $2,605,602 gross unrealized appreciation and $77,236,272 gross unrealized depreciation.
At July 31, 2026, the cost of investments for federal income tax purposes was substantially the same as the cost for financial reporting purposes (see the Schedule of Investments).
Additional investment related disclosures are hereby incorporated by reference to the annual and semi-annual reports previously filed with the SEC on Form N-CSR.
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